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Speaker 1: An illegal alien from Guatemala charged with raping a child

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Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador

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Speaker 1: accused of murdering a Texas man of Venezuelan charged with

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Speaker 1: filming and selling child pornography in Michigan. These are just

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Speaker 1: some of the heinous migrant criminals caught because of President

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Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States

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Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border

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Speaker 1: crossings are at the lowest levels ever recorded, and over

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Speaker 1: one hundred thousand illegal aliens have been arrested. If you

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Speaker 1: are here illegally, your next you will be fined nearly

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Speaker 1: one thousand dollars a day, imprisoned, and deported. You will

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Speaker 1: never return. But if you register using our CBP home

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Speaker 1: app and leave now, you could be allowed to return legally.

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Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,

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Speaker 1: border and families will.

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Speaker 2: Be protected sponsored by the United States Department of Homeland Security.

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Speaker 2: You know, make no mistake. I started out just like

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Speaker 2: many of you will. None of five worker at your

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Speaker 2: school right behind me.

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Speaker 3: This is the where it all started for me. But

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Speaker 3: I learned skills over the years, and I want you

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Speaker 3: to learn some too. I want you to learn how

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Speaker 3: a legacy to your family. I want you to build

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Speaker 3: generational wealth. You can do all that and more.

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Speaker 2: Chet out invest Fest Wife buck Earns what's going on.

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Speaker 2: They just teach you how to become an employee.

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Speaker 4: You go to school for four years and you leave

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Speaker 3: to become an entrepreneur.

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Speaker 4: up to become an earner.

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Speaker 2: Don't wait, don't hesitate it over there.

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Speaker 5: Now my graduates from my school being forced back.

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Speaker 6: Drop bag drop, Mike, drop back, drop drop.

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Speaker 4: All right, guys, welcome back eyl this Atlanta edition Marathon

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Speaker 4: Atlanta on a whole tour.

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Speaker 6: That's a fact. That's a fact. Heavy and a man.

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Speaker 4: This is a highly anticipated It's one of those episodes

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Speaker 4: that has been building momentum for a while, but nothing

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Speaker 4: happens before it's supposed to happen.

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Speaker 6: So it's happening at the right time, man, CEO, Matty j.

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Speaker 4: If you've been, if you've been on Clubhouse, we borrowed him,

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Speaker 4: you probably got Clubhouse going on his phone right now.

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Speaker 2: Somebody's doing his Clubhouse somewhere.

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Speaker 6: It's showing that, it's showing that he's still active on their.

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Speaker 2: House as possible.

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Speaker 6: Ya, this dude Clubhouse Champion.

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Speaker 4: But even before that, man, he's actually I didn't you

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Speaker 4: know what it's like.

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Speaker 6: I didn't.

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Speaker 4: I heard about him for a while and I saw

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Speaker 4: on social media, but I had never tapped in with it.

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Speaker 4: I never spoke to him, and the first time I

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Speaker 4: really started to engage with him was on Clubhouse a

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Speaker 4: few weeks ago and I realized, like, yo, he actually

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Speaker 4: is a really really smart dude, Like actually I hit

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Speaker 4: him one time off clubhouse, Like, yo, bro, I need

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Speaker 4: to play for this, Like Yo, he's he's he's a

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Speaker 4: very very smart guy man. And he does a variety

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Speaker 4: of different things. But I think one of he's probably

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Speaker 4: known for the most is the car business. Yeah, really

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Speaker 4: really like to row on steroids like everything, like you

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Speaker 4: know what I'm saying as far as how to actually

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Speaker 4: monetize the car game and how to you know, have

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Speaker 4: your own pretty much car rental business, and how to

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Speaker 4: make money from vehicles and things of that nature, and

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Speaker 4: it's just so many different hacks and tricks and it's

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Speaker 4: it's really outrageous.

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Speaker 3: Kind of this is this is one of the episodes.

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Speaker 3: He has forty forty eight cars, Yes, sir, So last

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Speaker 3: time I heard that was maybe Mike Tyson a baby

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Speaker 3: maybe had like fifty was to catch money early days.

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Speaker 2: Yeah, but I got fit the call man.

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Speaker 4: But it's done a little bit differently than act. So

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Speaker 4: we will talk about that. But first and foremost, Maddie J,

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Speaker 4: thank you for joining us.

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Speaker 6: Appreciate it.

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Speaker 7: Blessings, blessings, blessed to give all thanks and praise the

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Speaker 7: guy lo he for for this situation to come to fruition.

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Speaker 2: You know what I'm saying.

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Speaker 6: I'm ready to share my experience and crate of impact.

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Speaker 2: You know what I'm saying.

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Speaker 4: Let's do it man. So all right, before we get

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Speaker 4: into the meat and potatoes of it, how did you

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Speaker 4: become the car king of it?

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Speaker 6: How did this?

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Speaker 4: You're an interesting guy that you used to throw parties.

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Speaker 4: You got a whole lot of different background stories. How

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Speaker 4: did you get to this point?

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Speaker 2: Now?

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Speaker 7: First off, I have forty eight cars now, but it

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Speaker 7: always started off with one, so I think it's very

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Speaker 7: important to establish that. But it was organically because, as

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Speaker 7: you guys know, the Touro platform allows you to just

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Speaker 7: upload the picture of your car, price it, and then

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Speaker 7: people that's in the market looking for rental they can

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Speaker 7: pay whatever price you listed for to get the keys.

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Speaker 7: So I actually had an underutilized car, my Tesla Models

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Speaker 7: I lived in. I live in lad Station and I

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Speaker 7: barely got a chance to drive my car. So everywhere

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Speaker 7: Captain one gave me my loan. My loan monthly note

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Speaker 7: was like nine hundred dollars a month. I'm paying nine

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Speaker 7: hundred dollars a month for a car that I'm barely driving.

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Speaker 7: So I have to ask myself, okay, I can keep

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Speaker 7: paying this nine hundred dollars for no reason, or I

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Speaker 7: could figure out a way to turn this liability on

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Speaker 7: wheels into asset making deals. So my boy said, there's

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Speaker 7: a platform called relay Rides. So at the time, it's

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Speaker 7: called relay Rise. So shout out to Jacobe for putting

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Speaker 7: me onto that one. So I did my research, listened

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Speaker 7: to my car. Same day it got books for one

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Speaker 7: hundred and fifty dollars.

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Speaker 6: Relay Rise. Yeah, it's called two ro now, okay, prior

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Speaker 6: it was called relay Rise.

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Speaker 2: Yeah.

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Speaker 7: So I actually saw the example from him first is

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Speaker 7: he had a car that he had on there and

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Speaker 7: he would run downstairs. He'll be at my spot, my condo,

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Speaker 7: He'll run downstairs. He said, I got to get my

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Speaker 7: keys to somebody. I was like, why you gotta get

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Speaker 7: a keys to somebody? I got a runner, Like you

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Speaker 7: got a runner?

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Speaker 6: What you mean you got a runner?

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Speaker 2: Yeah?

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Speaker 7: This website called relay Rides, and I got somebody renting

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Speaker 7: my car for the day.

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Speaker 6: Blew my mind.

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Speaker 7: But I never tapped into it because I never needed

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Speaker 7: to use it until I keep the Sabbath day on Saturdays.

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Speaker 7: I don't work on Saturday. So my car said, okay,

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Speaker 7: I can rent my cars on Saturday. Allow the renners

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Speaker 7: to pay my car.

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Speaker 3: Note.

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Speaker 7: I ended up making two hundred and two way twenty

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Speaker 7: six hundred dollars that month profit renting out my car

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Speaker 7: on that specific platform called Turo Crucial.

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Speaker 6: So that was that was the beginning, That was theirs.

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Speaker 6: What what I'm saying, yeah, what yeah? Was that. This

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Speaker 6: was twenty seventeen going to eighteen. So when did Toro

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Speaker 6: become Toro? That's a good question. I want to say.

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Speaker 6: I probably squeauld look it up.

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Speaker 7: Probably twenty thirteen, you know what I'm saying. But the

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Speaker 7: actual name change, Yeah, like the name change. I got

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Speaker 7: on when it was already changed. I didn't know it

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Speaker 7: was the same company at first, so I looked. I'm like, oh,

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Speaker 7: this was relay Rise, so probably was around sixteen fifteen

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Speaker 7: sixteen maybe.

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Speaker 2: So this is like the Airbnb for cars at the

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Speaker 2: tixactly what it is.

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Speaker 4: Yeah, because let's just back of a little further because

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Speaker 4: people might every I don't think Toro's even legal in

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Speaker 4: New York, is it?

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Speaker 2: I don't think laughing because we can't do it. We

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Speaker 2: can't run.

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Speaker 6: It's one of those things where some people still might

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Speaker 6: not even know what Toro is. In fact, what exactly

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Speaker 6: is Toro?

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Speaker 7: Like King said, Troy, you said that on a hit

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Speaker 7: it on nail. It's the Airbnb for cars. Put your

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Speaker 7: car on there, whether it's your car, your homies car,

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Speaker 7: your sister's car, you get throw it on there and

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Speaker 7: run it out to these people on this peer to

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Speaker 7: peer platform.

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Speaker 6: Crucial and that ain't crucial.

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Speaker 4: It's one of these things that's extremely like for me

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Speaker 4: because I live in New York, I'm gonna move to LA.

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Speaker 4: Everybody's trying to convince me not to move to LA.

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Speaker 4: But I'm still I'm still have a place in New York.

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Speaker 4: So in my brain, I'm like, you need a car

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Speaker 4: in LA. Sure, I already have a car in New York.

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Speaker 4: So I can have a car in LA, have a

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Speaker 4: car in New York, put the cars on Toro when

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Speaker 4: I'm not in each place, and then actually make more money.

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Speaker 4: I'm not even paying for the car at that point,

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Speaker 4: I'm actually making money from the car. And now it's

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Speaker 4: becomes like an Airbnb situation.

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Speaker 2: But we're gonna need New York to change some rules.

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Speaker 6: Yeah, we don't need to change some rules, assuming that.

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Speaker 7: New York run New Jersey. I know from when I

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Speaker 7: heard in New Jersey like thirty minutes away.

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Speaker 6: Yeah, we're close. We're close.

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Speaker 7: It's yes, that same play. It's crucial because the producer

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Speaker 7: Michael Brian Cox.

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Speaker 6: Yeah, we just ran into him yesterday. Shout out to him.

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Speaker 6: R and B only shotut to Alex. Yeah. Through clubhouse.

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Speaker 6: He found out I was the two ro plug.

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Speaker 7: He reached out to him, pulled up to pulled up

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Speaker 7: on me in my office and he said, Yo, man,

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Speaker 7: when I come into Atlanta, I got my spot in

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Speaker 7: LA I don't need a rent a car, run out

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Speaker 7: somebody else's car. I can buy a car, rent it out,

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Speaker 7: and when I'm in the city, I get my car

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Speaker 7: and it's paying for itself.

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Speaker 6: So I said, yeah, that's definitely a play.

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Speaker 7: So we basically talked about how he can do it,

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Speaker 7: what car, to get word about the car, all those

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Speaker 7: good stuff, so he.

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Speaker 6: Can be able to have an asset in Atlanta when he's.

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Speaker 2: At in LA.

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Speaker 3: So is it similar in a way like an Aaron

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Speaker 3: BnB when you rent out your place like you're a

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Speaker 3: host and you get ratings and all that same thing.

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Speaker 6: Super Host, All Star Review, same exact.

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Speaker 2: Place, depending on the car.

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Speaker 3: So if I got a if I got a Lamborghini, right,

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Speaker 3: does that automatically put me in a different tier than

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Speaker 3: somebody has a camera?

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Speaker 6: You know, they got the deluxe edition.

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Speaker 7: So if you put up a car that's usually like

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Speaker 7: ninety thousand and above, they have like a deluxe edition

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Speaker 7: and they have different insurance packages for those because they

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Speaker 7: got to protect protect that asset for not just for

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Speaker 7: the host, but also for Touro to make sure that

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Speaker 7: just some random twenty year old can just book a

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Speaker 7: car for two hundred dollars a day without the proper insurance.

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Speaker 4: It's crazy too because it's also I'm learning so much

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Speaker 4: from the different people that we interview and shout out

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Speaker 4: the credit.

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Speaker 6: Dude, he told us about lease.

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Speaker 4: Swap swap LEAs swap lease. That's like, dude, he's out

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Speaker 4: of Jersey, he's with dj MV, but he told us

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Speaker 4: about swap lease and correct me if I'm wrong. That's

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Speaker 4: a situation where you can actually take over somebody's lease,

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Speaker 4: Like if somebody's down on their luck. They brought a

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Speaker 4: lamb ricky, and it's like the recession hit and they

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Speaker 4: had of work and now they got to get it off.

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Speaker 4: You can take over somebody's lease, no no down payment,

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Speaker 4: and you can probably get a way better deal because

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Speaker 4: they scrambling. It's like a it's like a distressed seller

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Speaker 4: of a property, exactly same thing in real estate. And

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Speaker 4: then you can put that on to yep.

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Speaker 6: Right, you don't need to drive it. Okay, you can't

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Speaker 6: make your paper. It's cool. I'm gonna tell you somebody

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Speaker 6: else to make he make some money in between. So

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Speaker 6: with the toy, do you do you have to own

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Speaker 6: the car? Can you lease the car?

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Speaker 7: Or if you have, if you have the right to

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Speaker 7: have that keys to that vehicle. I'm not saying go

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Speaker 7: to enterprise. I'm saying that, say you own it or

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Speaker 7: at least it, yeah, or finance whatever case may be.

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Speaker 6: Right, most people financing. So I can just give an example.

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Speaker 7: So if my brother goes to he's an active duty

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Speaker 7: and he goes to Germany or South Korea to do

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Speaker 7: his active duty, his car's just sitting at home doing

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Speaker 7: nothing right now, So I can do a deal with

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Speaker 7: my brother to say, yo, in start your car. Just

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Speaker 7: sitting here doing nothing. Let's do a repshair deal fifty

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Speaker 7: to fifty eighty twenty, whatever case may be. So I

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Speaker 7: can manage your car for you and have it rented out,

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Speaker 7: so you can not only make money, but your car

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Speaker 7: ain't just sitting here collecting dust.

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Speaker 6: So those are the opportunities that come from those situations.

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Speaker 3: And you say, depending upon the age or the experience

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Speaker 3: of the driver, the insurance changes.

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Speaker 2: So what's what's the type of premium?

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Speaker 6: So yeah, so touro specific that platform.

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Speaker 7: I'm in the car renal space, so I don't just

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Speaker 7: leverage this tour, I use get higher higher car personal bookings.

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Speaker 6: Like just there's a bunch of different webs so many platforms,

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Speaker 6: so many fetch truck.

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Speaker 7: Like if you got trucks and you want to rent

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Speaker 7: out your trucks, the little drivers who don't have their car,

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Speaker 7: their cars down for.

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Speaker 6: It, you can rent them on that kind of trucks.

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Speaker 6: Pickup trucks, pickup truck.

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Speaker 7: Yeah, pickup trucks, commercial trucks, box trucks.

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Speaker 6: Yeah, things of that nature.

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Speaker 7: But yeah, so as far as the opportunities that exist,

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Speaker 7: my job, as somebody who's in this space is to

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Speaker 7: present all the opportunities and if it fits your circumstances,

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Speaker 7: you have a way to make some.

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Speaker 6: Income and turn that liability into an asset. So let

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Speaker 6: me ask you this.

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Speaker 4: You said, how they never missed even how to never

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Speaker 4: miss a car payment even again, even if you lose

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Speaker 4: your job? Yeah, yeah, all right, I'm sure a lot

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Speaker 4: of people are interesting.

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Speaker 6: How yeah, how to never miss a payment even if

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Speaker 6: you lose a job.

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Speaker 7: Because that's the biggest thing. Because a lot of people

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Speaker 7: get these cars. They have a fixed income. So if

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Speaker 7: they lose their job, there wasn no, there's no wigger room,

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Speaker 7: especially if you live in to paycheck. So what ends

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Speaker 7: up happening is this The first thing they look at

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Speaker 7: is dang, I got my my mortgage, on my rent,

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Speaker 7: on my car. Noal, those are the three biggest suspense

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Speaker 7: or two biggest dispenses that they're looking at if they're

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Speaker 7: not driving a car like right now the pandemic most

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Speaker 7: people are working from home. Now, now your car is

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Speaker 7: definitely being under you lost. You're not driving your car

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Speaker 7: like you used to. So you got a couple options

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Speaker 7: of dang, do I let my long gone default and

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Speaker 7: they just rebolt my car? Or now can you tap

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Speaker 7: into this opportunity. Just have your car renting out to

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Speaker 7: somebody who actually is going to use their car. For example,

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Speaker 7: during the pandemic, you know what business skyrocketed. Grocery delivery, overeats, hub,

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Speaker 7: gub Hub, Postmates, all these things skyrocketed. And the people

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Speaker 7: who didn't have cars to tap into that hustle can

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Speaker 7: now rent a car from you to be able to

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Speaker 7: tap in that hustle.

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Speaker 6: So I'm even teaching my.

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Speaker 7: Students that, Look, if you get a Hondai Sonata, go

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Speaker 7: far Fin asked one your car notes fault three hundred

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Speaker 7: dollars a month, you could find somebody on the platform

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Speaker 7: called a higher car to pay you three hundred dollars

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Speaker 7: a week to use your car for their business on

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Speaker 7: Postmas and gethub and grab hub and thinks like that

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Speaker 7: nature crucial play. Even if your friend your cousin doesn't

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Speaker 7: have a job, you can propose to them, Hey, if

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Speaker 7: you don't have a job right now, you can do

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Speaker 7: delivery for Postmas.

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Speaker 6: They'll say, well, I don't have a car, don't worry

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Speaker 6: about that. I'll rent you a car.

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Speaker 7: Right In a situation like that, And even if it's

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Speaker 7: not your car, you can find somebody else's car to

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Speaker 7: be able to rent as long as they know in

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Speaker 7: the in the agreements there.

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Speaker 2: So you said you got forty eight cars. Yeah, but

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Speaker 2: I know the legendary stories.

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Speaker 3: You had thirty three in two weeks weeks. I probably

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Speaker 3: had five in my entire life. How does this happen?

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Speaker 6: It was It was a transition process.

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Speaker 7: So of course it started off with one my Tesla

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Speaker 7: model as the numbers were amazing. Like I said, I

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Speaker 7: made twenty six hundred dollars profit off of one car.

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Speaker 7: I said, okay, as a hustler, you know, making this

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Speaker 7: much money for one car, I just need a double up,

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Speaker 7: triple up. So I went from one to three my Maserati.

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Speaker 7: I went to gravity Audos in Atlanta, Georgia. I got

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Speaker 7: a Maserati Ghibli. This is a thirty thousand dollars car.

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Speaker 7: It was MSRP eighty thousand.

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Speaker 3: I'm thinking, like, yo, Masarai, I know that car. Craze

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Speaker 3: thirty is like damaged.

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Speaker 7: Get another depreciation on Mazarat. People don't know this, people

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Speaker 7: don't know this at all, brand new. This car is

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Speaker 7: eighty thousand dollars. Two years later, just two years, just

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Speaker 7: throw ten thousand miles seventeen thousand dollars, it drops all

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Speaker 7: the way down to thirty thousand. The depreciation on this

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Speaker 7: car is crazy crazy. That's a good look for me

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Speaker 7: because people still precede this cars Maserati. They're gonna pay

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Speaker 7: anywhere from one hundred to four hundred dollars a day

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Speaker 7: for this car right a day.

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Speaker 6: The car no.

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Speaker 7: Was probably only five hundred hundred dollars from Masarati. Once

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Speaker 7: I found that out, also, okay, that's gonna be the

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Speaker 7: one of the top performers. So I made sure I

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Speaker 7: had a Maserati and I made sure I had a

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Speaker 7: MERCEDESI three hundred.

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Speaker 6: Those two cars really did well.

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Speaker 7: But the issue was I end up doing a personal

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Speaker 7: booking in my Maserati and ended up getting totaled out

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Speaker 7: the insurance.

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Speaker 6: Luckily, my car's protected.

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Speaker 7: When I do personal bookings, I make sure that they

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Speaker 7: have insurance so if they do anything else it doesn't

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Speaker 7: hit my insurance. I don't worry about it. They paid

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Speaker 7: it out. They paid me out. But now I have

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Speaker 7: a paid off car on my credit history, paid off car.

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Speaker 7: It was a good situation. All I gotta do is

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Speaker 7: now I just get another car. So that's why I

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Speaker 7: did I end up getting a Corvette instead, though got

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Speaker 7: my Corvette. Long story short, everybody knows the story. Corvette

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00:16:37,480 --> 00:16:40,320
Speaker 7: got stolen, Corvette got stolen.

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Speaker 6: Now back to one.

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Speaker 7: But now, since I bought so many cars, I know

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Speaker 7: the process of buying cars now dealerships and the process

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Speaker 7: of showing them your credit. I realized that when you

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Speaker 7: go into these dealerships, right, people know this now that

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00:16:54,720 --> 00:16:57,080
Speaker 7: they pull your credit report and then they send your

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Speaker 7: credit report to all their different lenders, all of them,

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Speaker 7: so Bank America, Chase, Wells, Fargo, be it, all of

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Speaker 7: them get the same report. So I realized, if they're

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00:17:06,960 --> 00:17:08,960
Speaker 7: sending my report to all these different lenders, all I

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Speaker 7: have to do is go from Ford, get a car

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Speaker 7: from Ford. So I'll tell Ford finance manager a salesperson,

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Speaker 7: please don't send my credit report to all these different lenders.

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Speaker 7: Just send it to Ford, right, and then Ford we'll

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Speaker 7: see how amazing my credit score is, my credit report is,

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Speaker 7: and say, oh, how many cars you want, two, three, four,

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Speaker 7: whatever I want because my credits for when.

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Speaker 3: You're walking in the dealership, you're like, I'm trying to

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Speaker 3: get four cars. Yeah, that's different.

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Speaker 7: I know what coming is it's not a liability no more,

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Speaker 7: it's an asset. So the more assets I can have,

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Speaker 7: the more income I can bring in. The cash flow

400
00:17:38,280 --> 00:17:40,119
Speaker 7: you bring in like a team with you because that's me.

401
00:17:40,200 --> 00:17:42,000
Speaker 7: So so how you getting four cars off?

402
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Speaker 6: Then?

403
00:17:42,520 --> 00:17:45,440
Speaker 7: So I tell them I'm transferrent with the with the salesperson. Look,

404
00:17:45,680 --> 00:17:48,399
Speaker 7: I rent cars and I need this play to be

405
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Speaker 7: done correctly. When I give you this report, please please,

406
00:17:52,640 --> 00:17:53,879
Speaker 7: cause their job at the end of they is to

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Speaker 7: sell a car.

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Speaker 6: Typically they have to shotgun the terminology.

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Speaker 7: Shotgun shotgun your credit app to all these banks because

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Speaker 7: they want to make sure that you either get the

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Speaker 7: right interest rate or just in case it gets denied

412
00:18:05,520 --> 00:18:07,360
Speaker 7: from here, you'll get approved over here.

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Speaker 6: But I was getting improved by everybody.

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Speaker 7: So instead of trying to have my credits report since

415
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Speaker 7: to everybody, send it one cool get my cars. I

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Speaker 7: go across the street, because you know there's there's car

417
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Speaker 7: dealership strips. Go across the street. Do the same thing.

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Speaker 7: To Mercedes. Mercedes will run it. What car you want?

419
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Speaker 7: Get the car I want. I go to Chevy get

420
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Speaker 7: my Corvette. I go to Maserati, get my Maserati. I

421
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Speaker 7: go to all these dealerships and just run the same

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Speaker 7: play over and over.

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Speaker 6: That's how I got thirty three cars. So you had

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Speaker 6: thirty three cars in one week, you finance leased them.

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Speaker 7: Have finance. I leveraged my credit. Somebody will say, why

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Speaker 7: would you over leverage it. I had a business structure.

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Speaker 7: I'm really big on documentary processing, create structures and SOPs.

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Speaker 7: So based on the three cars I was managing, I

429
00:18:50,280 --> 00:18:54,000
Speaker 7: knew how to scale it, right, So I leverage my

430
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Speaker 7: credit to be able to do so.

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Speaker 6: Our credit was good enough to not have a down payment.

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Speaker 7: I didn't need down payment, so I just get in

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Speaker 7: these pick up these cars, right, So I was just

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Speaker 7: picking up these cars. There's actually one car I had

435
00:19:03,119 --> 00:19:04,880
Speaker 7: to put down payment on, but that was a little

436
00:19:04,920 --> 00:19:07,120
Speaker 7: bit different situation. I had to put fifteen thousand dollars

437
00:19:07,160 --> 00:19:11,320
Speaker 7: down on my Porsche Porsche Panamerica. But for the most part,

438
00:19:11,440 --> 00:19:13,439
Speaker 7: no money down on none of the cars, none of

439
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Speaker 7: these cars.

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Speaker 2: What kind of credit you gotta have to do that?

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Speaker 7: I actually had a seven twenty three, but I had

442
00:19:18,800 --> 00:19:21,960
Speaker 7: a strong seven twenty two three strongly right.

443
00:19:22,040 --> 00:19:23,720
Speaker 6: And to be honest, you don't even have to have nothing.

444
00:19:23,760 --> 00:19:25,439
Speaker 7: It's nothing too crazy as long as you get in

445
00:19:25,440 --> 00:19:28,879
Speaker 7: the car that it fits the criteria, what the banks

446
00:19:28,880 --> 00:19:30,159
Speaker 7: were willing to give you.

447
00:19:30,960 --> 00:19:33,600
Speaker 4: So did you still had the there was no money,

448
00:19:33,680 --> 00:19:35,400
Speaker 4: like not even closing like the type.

449
00:19:35,359 --> 00:19:38,919
Speaker 6: Was it like that gets rolled into the the payment?

450
00:19:39,000 --> 00:19:39,240
Speaker 2: Yeah?

451
00:19:39,280 --> 00:19:41,120
Speaker 6: So long? So how much was all your like your

452
00:19:41,119 --> 00:19:41,840
Speaker 6: total payment?

453
00:19:41,960 --> 00:19:44,800
Speaker 7: I don't think nobody ever asked this question. One point

454
00:19:44,880 --> 00:19:48,159
Speaker 7: six million, thirty three cars cars. I think it was

455
00:19:48,160 --> 00:19:49,960
Speaker 7: a little bit more than thirty three cars. Ended up

456
00:19:49,960 --> 00:19:51,359
Speaker 7: getting the more cars a little bit later, but one

457
00:19:51,359 --> 00:19:52,000
Speaker 7: point six million.

458
00:19:52,000 --> 00:19:54,480
Speaker 6: I looked at my one point six million, I added

459
00:19:54,480 --> 00:19:57,600
Speaker 6: it up that roll, I'm like, got a year a year, no, no, no,

460
00:19:57,680 --> 00:19:58,679
Speaker 6: that's how much a total?

461
00:19:58,800 --> 00:20:01,880
Speaker 7: No no, no no. But my monthly car notes total

462
00:20:01,960 --> 00:20:04,520
Speaker 7: was like around thirty to forty thousand. But the total

463
00:20:04,600 --> 00:20:10,160
Speaker 7: mount money I got loaned. So your payment, your payments

464
00:20:10,160 --> 00:20:12,679
Speaker 7: monthly was forty thousand dollars around anywhere from thirty to

465
00:20:12,720 --> 00:20:14,640
Speaker 7: forty Where you house in the cars, that's not bad

466
00:20:14,640 --> 00:20:17,160
Speaker 7: asking question, that's not bad. So what I was doing

467
00:20:17,160 --> 00:20:18,960
Speaker 7: with at first because when I have three cars, it

468
00:20:19,000 --> 00:20:22,080
Speaker 7: was cool because I have my garage, I get two spaces.

469
00:20:22,400 --> 00:20:22,960
Speaker 2: It was straight.

470
00:20:23,080 --> 00:20:25,240
Speaker 7: I had my third one in another space. But now

471
00:20:25,320 --> 00:20:26,960
Speaker 7: to figure out I want to put all these cars.

472
00:20:28,640 --> 00:20:30,800
Speaker 2: I'll find apartment with a lot.

473
00:20:32,119 --> 00:20:34,880
Speaker 7: So because I'm in Airbnb, I have a bunch of copdos.

474
00:20:35,520 --> 00:20:37,879
Speaker 7: So I try to leverage the cons space. Tell me

475
00:20:37,920 --> 00:20:40,600
Speaker 7: why they sent me. Never talking about mister Maddi, You're

476
00:20:40,600 --> 00:20:40,919
Speaker 7: gonna have to.

477
00:20:40,920 --> 00:20:42,879
Speaker 6: Move all these cars with you know, than yours, I

478
00:20:43,000 --> 00:20:46,240
Speaker 6: mean airbnbss you have. I have eight, so you try

479
00:20:46,280 --> 00:20:48,240
Speaker 6: to eight. I have seven. Now, so you try to

480
00:20:48,280 --> 00:20:49,800
Speaker 6: park thirty three cars and eight I try.

481
00:20:49,840 --> 00:20:49,919
Speaker 8: No.

482
00:20:49,960 --> 00:20:52,080
Speaker 6: I try to park it at one location, all like

483
00:20:52,160 --> 00:20:54,680
Speaker 6: one and like I have a picture of the building. Yeah.

484
00:20:54,760 --> 00:20:54,960
Speaker 2: Yeah.

485
00:20:55,000 --> 00:20:57,040
Speaker 6: I had all my cars lined up so where people

486
00:20:57,160 --> 00:20:58,600
Speaker 6: like the residents will drive it. They're like, what the

487
00:20:58,680 --> 00:21:01,360
Speaker 6: heck is going on here? All these luxury cars, corvettes

488
00:21:01,960 --> 00:21:02,399
Speaker 6: is going on.

489
00:21:02,640 --> 00:21:04,280
Speaker 7: It was pretty crazy, but I have to move it.

490
00:21:04,680 --> 00:21:06,920
Speaker 7: But luckily somebody called me. My boy called me and said, yo,

491
00:21:06,960 --> 00:21:08,320
Speaker 7: mad I got it. I know there's a lot by

492
00:21:08,320 --> 00:21:12,040
Speaker 7: the airport, right next to the Hartsville Jackson Atlanta Airport.

493
00:21:12,200 --> 00:21:13,040
Speaker 6: There's a lot.

494
00:21:13,240 --> 00:21:14,680
Speaker 7: You can go ahead and talk to the owner and

495
00:21:14,680 --> 00:21:16,720
Speaker 7: see if you can leave space. By guy's grace, I

496
00:21:16,760 --> 00:21:18,119
Speaker 7: was able to close that deal. Now I got my

497
00:21:18,119 --> 00:21:20,280
Speaker 7: own car lot.

498
00:21:20,000 --> 00:21:21,239
Speaker 6: How much did you pay for the car?

499
00:21:21,280 --> 00:21:21,480
Speaker 2: Lot?

500
00:21:21,560 --> 00:21:22,440
Speaker 6: Thirty two hundred a month.

501
00:21:22,480 --> 00:21:24,680
Speaker 7: It's my note, thirty two hundred dollars a month. Yeah,

502
00:21:25,160 --> 00:21:28,880
Speaker 7: forty spaces, forty spaces in the back. I think ten

503
00:21:28,920 --> 00:21:31,199
Speaker 7: spaces in the front. I'm able to run it just

504
00:21:31,200 --> 00:21:33,399
Speaker 7: like an enterprise. Hurt Actually, I'm right next to the enterprise.

505
00:21:33,400 --> 00:21:35,680
Speaker 6: It hurts. Hurts is right here, enterprises right here, and

506
00:21:35,720 --> 00:21:40,720
Speaker 6: I'm over here. Patty J's over there. So all right,

507
00:21:40,760 --> 00:21:43,840
Speaker 6: so you you got forty You got forty thousand dollars

508
00:21:43,880 --> 00:21:46,159
Speaker 6: a month that you gotta pay, but you don't have

509
00:21:46,200 --> 00:21:49,760
Speaker 6: to pay your first car note toutch part first thirty.

510
00:21:49,800 --> 00:21:52,040
Speaker 6: I forgot my brain. That's what I'm thinking. It gives

511
00:21:52,040 --> 00:21:52,879
Speaker 6: you like a profit.

512
00:21:53,280 --> 00:21:56,480
Speaker 7: It's actually some cars is thirty days, some notes forty

513
00:21:56,480 --> 00:21:58,520
Speaker 7: five days. So I get to run up the bag

514
00:21:58,560 --> 00:22:00,240
Speaker 7: for a whole thirty to forty five dollars.

515
00:22:00,040 --> 00:22:02,600
Speaker 4: Before you made your first car payments. How much money

516
00:22:02,600 --> 00:22:04,200
Speaker 4: did you run up in that thirty day time?

517
00:22:04,240 --> 00:22:06,240
Speaker 7: I want to say, I think it was nothing crazy

518
00:22:06,320 --> 00:22:07,720
Speaker 7: like twenty twenty two thousand.

519
00:22:08,200 --> 00:22:10,520
Speaker 6: I took some screenshots, some of them.

520
00:22:10,560 --> 00:22:12,800
Speaker 7: Was harder to like onboard and make sure that I

521
00:22:12,800 --> 00:22:15,360
Speaker 7: can start running out immediately, some of them the same

522
00:22:15,440 --> 00:22:16,600
Speaker 7: day as soon as I got it put on to

523
00:22:16,760 --> 00:22:18,520
Speaker 7: row because it's still gotta take pictures and all that.

524
00:22:18,600 --> 00:22:19,800
Speaker 6: I still got it and it was just me and.

525
00:22:19,840 --> 00:22:22,359
Speaker 7: My wife that time, so you have to take your pictures,

526
00:22:22,359 --> 00:22:24,240
Speaker 7: you got to upload it, and I didn't feel like

527
00:22:24,320 --> 00:22:26,440
Speaker 7: mentally dealing with that. When you deal with these dealerships,

528
00:22:26,480 --> 00:22:30,200
Speaker 7: they already took all your mental energy, your whole body, right.

529
00:22:30,280 --> 00:22:32,520
Speaker 7: But I also teach students how to deal with the

530
00:22:32,520 --> 00:22:34,800
Speaker 7: dealerships too, to make sure they don't get finessed in

531
00:22:34,800 --> 00:22:35,320
Speaker 7: these streets.

532
00:22:35,359 --> 00:22:38,680
Speaker 3: So is there a difference between buying a new car

533
00:22:38,840 --> 00:22:39,520
Speaker 3: and a used car?

534
00:22:39,720 --> 00:22:44,160
Speaker 7: Yeah, definitely, mainly the pricing, but dealerships they really want

535
00:22:44,200 --> 00:22:47,679
Speaker 7: to offset their new cars right to maintain their relationships

536
00:22:47,720 --> 00:22:50,399
Speaker 7: with these manufacturers and a little bit more profit margin

537
00:22:50,680 --> 00:22:53,159
Speaker 7: when it was to the prices. So as we know,

538
00:22:53,320 --> 00:22:54,960
Speaker 7: people know, as soon as you drive off for a

539
00:22:55,040 --> 00:22:58,080
Speaker 7: new car off the lot, you hit with two thousand

540
00:22:58,160 --> 00:23:01,480
Speaker 7: to four thousand dollars in depreciation. Everybody knows this, but

541
00:23:01,560 --> 00:23:05,439
Speaker 7: nobody really knows why because most of the money was

542
00:23:05,640 --> 00:23:07,920
Speaker 7: that you're losing isn't for the value of the cars,

543
00:23:07,920 --> 00:23:10,840
Speaker 7: for the marketing they have to recruit their costs on

544
00:23:10,960 --> 00:23:13,800
Speaker 7: these dealerships, market and brand and set and pay their

545
00:23:13,800 --> 00:23:15,159
Speaker 7: commissions to the salespeople.

546
00:23:15,520 --> 00:23:17,000
Speaker 6: That money has nothing to do with their cars.

547
00:23:17,000 --> 00:23:19,080
Speaker 7: As soon as you drive off the lot, that's already

548
00:23:19,119 --> 00:23:20,720
Speaker 7: the hit you gotta take because they got to get

549
00:23:20,720 --> 00:23:22,720
Speaker 7: their profit margin off of that. So people don't know

550
00:23:22,760 --> 00:23:25,560
Speaker 7: that that has nothing to do with anything else outside

551
00:23:25,560 --> 00:23:28,280
Speaker 7: of that. But here's the thing. That's why we're not

552
00:23:28,320 --> 00:23:30,639
Speaker 7: supposed to be buying new cars at all. It's not

553
00:23:30,680 --> 00:23:32,440
Speaker 7: good idea. Unless you got the money, you don't really

554
00:23:32,440 --> 00:23:35,560
Speaker 7: care about that three four thousand dollars depreciation hit. It's

555
00:23:35,600 --> 00:23:37,600
Speaker 7: always suggested by me and my team to always get

556
00:23:37,640 --> 00:23:41,439
Speaker 7: these cars used, like my twenty seventeen Maserati that we

557
00:23:41,480 --> 00:23:43,720
Speaker 7: got for thirty two thousand. If we bought that car

558
00:23:43,800 --> 00:23:46,080
Speaker 7: brown new, we will pay extra forty thousand dollars for it,

559
00:23:46,200 --> 00:23:49,000
Speaker 7: same car, right, and that will mess up the profit

560
00:23:49,000 --> 00:23:50,320
Speaker 7: margins when it comes to running it out.

561
00:23:50,400 --> 00:23:53,480
Speaker 6: So the first month you say you made like twenty thousand.

562
00:23:53,400 --> 00:23:56,960
Speaker 7: Yeah, but you start have been up to up to forty.

563
00:23:57,040 --> 00:23:58,840
Speaker 7: I don't know the exact number though. What was what

564
00:23:58,880 --> 00:24:01,639
Speaker 7: did you peek at with that fleet? Yeah? I was

565
00:24:01,680 --> 00:24:04,439
Speaker 7: getting more cars, and I was getting more cars. So

566
00:24:04,680 --> 00:24:07,320
Speaker 7: the numbers starts fluctuating, but anywhere from twenty thousand and

567
00:24:07,359 --> 00:24:12,800
Speaker 7: sixty thousand per month, right, and then of course that's gross. Yeah,

568
00:24:12,840 --> 00:24:14,240
Speaker 7: of course we got to talk about net when it

569
00:24:14,240 --> 00:24:16,160
Speaker 7: comes to expenses. I had to hire a team at

570
00:24:16,200 --> 00:24:19,440
Speaker 7: seven employees have my car lot. Now, things a little

571
00:24:19,440 --> 00:24:21,960
Speaker 7: bit different as far as expenses of management and operating cars.

572
00:24:22,000 --> 00:24:24,639
Speaker 6: So was it profitable because it's like, definitely, Well, if

573
00:24:24,640 --> 00:24:28,000
Speaker 6: you're paying forty thousand a month, but your gross is sixty,

574
00:24:28,960 --> 00:24:31,480
Speaker 6: the net probably forty, so you're like breaking even.

575
00:24:31,680 --> 00:24:34,680
Speaker 7: Noah, Well I was probably netting probably ten thousand dollars

576
00:24:34,760 --> 00:24:37,520
Speaker 7: per month, okay, yeah, anywhere, so the price was fluctuating,

577
00:24:37,560 --> 00:24:39,399
Speaker 7: so anywhere from ten thousand, so my car notes was

578
00:24:39,400 --> 00:24:41,600
Speaker 7: probably around three thousand dollars a month up towards the

579
00:24:41,640 --> 00:24:42,119
Speaker 7: forty thousands.

580
00:24:42,200 --> 00:24:44,600
Speaker 6: I started getting more cars, okay, yeah.

581
00:24:44,240 --> 00:24:47,639
Speaker 7: So each car averages anywhere from six hundred dollars to

582
00:24:47,640 --> 00:24:51,840
Speaker 7: one thousand dollars a month net. Okay, Yeah, So that

583
00:24:51,920 --> 00:24:54,520
Speaker 7: was what was happening. But some cars weren't ready, or

584
00:24:54,560 --> 00:24:56,520
Speaker 7: some cars will get in in an accident. So the

585
00:24:56,520 --> 00:24:58,440
Speaker 7: cars that were performing well will offset the cars that

586
00:24:58,480 --> 00:24:59,400
Speaker 7: weren't performing well.

587
00:25:00,080 --> 00:25:03,800
Speaker 3: Yeah, so is there like because the masoriety thing is crazy?

588
00:25:04,160 --> 00:25:07,240
Speaker 3: Is there somewhere that you went to find out the

589
00:25:07,359 --> 00:25:09,840
Speaker 3: level of depreciation on cars and then that became your

590
00:25:09,840 --> 00:25:11,320
Speaker 3: playbook for like, yo, I gotta get those.

591
00:25:11,720 --> 00:25:13,200
Speaker 6: I actually should have did that. In the beginning. I

592
00:25:13,200 --> 00:25:15,000
Speaker 6: didn't know nothing about the depreciation. I didn't care.

593
00:25:15,160 --> 00:25:17,919
Speaker 7: All I knew was my car No. Was six hundred

594
00:25:18,040 --> 00:25:21,520
Speaker 7: and I could probably make twelve two thousand dollars per car.

595
00:25:22,119 --> 00:25:23,960
Speaker 7: That's all I cared about. I didn't know about the

596
00:25:24,040 --> 00:25:27,960
Speaker 7: depreciation until as I started getting to the business. Because depreciation,

597
00:25:28,080 --> 00:25:31,240
Speaker 7: if I'm getting a used car, the depreciatedation is not

598
00:25:31,320 --> 00:25:34,120
Speaker 7: too bad once the car is already three years old.

599
00:25:34,520 --> 00:25:36,560
Speaker 7: So I wasn't dealing too much with that unless I

600
00:25:36,600 --> 00:25:38,480
Speaker 7: got new cars. That's what I am not doing. I

601
00:25:38,560 --> 00:25:41,280
Speaker 7: ended vert getting new cars because I realized on the

602
00:25:41,280 --> 00:25:44,720
Speaker 7: Touro platform everybody was getting corvetted. Now once I start

603
00:25:44,800 --> 00:25:46,960
Speaker 7: running to play everybody and I don't mind sharing it.

604
00:25:47,000 --> 00:25:48,560
Speaker 7: So I'm sharing the play so people say, oh, that's

605
00:25:48,560 --> 00:25:50,800
Speaker 7: the play we go get some corvettes too. So now

606
00:25:50,800 --> 00:25:53,480
Speaker 7: it's in the market that all these corvettes available, So

607
00:25:53,640 --> 00:25:56,600
Speaker 7: as a as a client, now when they go to Turo,

608
00:25:56,720 --> 00:25:59,320
Speaker 7: they now need to choose which corvette they want to get.

609
00:25:59,480 --> 00:26:02,640
Speaker 7: I'm gonna the twenty seventeen Corvette or the twenty twenty

610
00:26:02,640 --> 00:26:06,119
Speaker 7: corvette a twenty twenty one Corvette, and depending on the price,

611
00:26:06,560 --> 00:26:08,080
Speaker 7: people will usually go for the newer car.

612
00:26:08,440 --> 00:26:11,160
Speaker 4: So okay, So how do you buy a newer use

613
00:26:11,240 --> 00:26:13,600
Speaker 4: car at a dealership without getting finess to stress?

614
00:26:15,880 --> 00:26:18,639
Speaker 7: So all right, So the thing is, typically when we

615
00:26:18,680 --> 00:26:22,280
Speaker 7: go into the dealerships, we don't know who the players

616
00:26:22,320 --> 00:26:24,520
Speaker 7: in the game or who's evolved. We go into this

617
00:26:24,640 --> 00:26:26,680
Speaker 7: game called buying a car, but don't know who the

618
00:26:26,720 --> 00:26:30,400
Speaker 7: players are. So the players are one the salesperson. That's

619
00:26:30,520 --> 00:26:33,560
Speaker 7: typically the first person you see or that sees you first.

620
00:26:33,560 --> 00:26:35,200
Speaker 7: As soon as you get on that lot, they see you.

621
00:26:35,320 --> 00:26:36,440
Speaker 7: Soon as you get on that lot.

622
00:26:36,280 --> 00:26:39,000
Speaker 2: They pop up.

623
00:26:39,080 --> 00:26:41,440
Speaker 7: That's the salesperson, and their job is to sell you

624
00:26:41,480 --> 00:26:43,719
Speaker 7: a car, whether it's the car that you want or

625
00:26:43,840 --> 00:26:46,359
Speaker 7: a car that they convince you to buy, which is cool.

626
00:26:46,600 --> 00:26:47,240
Speaker 6: That's their job.

627
00:26:47,760 --> 00:26:49,960
Speaker 7: But then there's after you deal with the salesperson and

628
00:26:50,400 --> 00:26:53,159
Speaker 7: pricing and all that and that good stuff. Test driving.

629
00:26:53,640 --> 00:26:56,120
Speaker 7: They have the finance manager or the sales manager. Sales

630
00:26:56,160 --> 00:26:59,520
Speaker 7: managers oversees the salesperson. But then after you figure out

631
00:26:59,520 --> 00:27:03,720
Speaker 7: your deal on your payments, credit report, history, approval process,

632
00:27:03,760 --> 00:27:04,560
Speaker 7: you then move into.

633
00:27:04,440 --> 00:27:05,360
Speaker 6: The finance managion.

634
00:27:05,840 --> 00:27:10,000
Speaker 7: So because people don't know the chain of different individuals

635
00:27:10,000 --> 00:27:12,359
Speaker 7: that they're gonna be running into, they don't know what

636
00:27:12,440 --> 00:27:14,240
Speaker 7: to say, they don't know how to negotiate, they don't

637
00:27:14,240 --> 00:27:14,880
Speaker 7: know how to do nothing.

638
00:27:14,920 --> 00:27:16,200
Speaker 6: Like I was, I didn't know nothing.

639
00:27:16,240 --> 00:27:18,080
Speaker 7: I just got to solve a price on the website.

640
00:27:18,080 --> 00:27:19,679
Speaker 7: And that's what I'm asking for it not knowing that

641
00:27:19,720 --> 00:27:23,280
Speaker 7: I can negotiate. If I can negotiate the price down,

642
00:27:23,480 --> 00:27:25,880
Speaker 7: that will lower my costs on my monthly note, which

643
00:27:25,880 --> 00:27:27,200
Speaker 7: will give me more profit.

644
00:27:26,960 --> 00:27:28,600
Speaker 6: Margin when I start renting out these cars.

645
00:27:29,080 --> 00:27:30,879
Speaker 7: So getting the car note for five hundred dollars a

646
00:27:30,880 --> 00:27:33,360
Speaker 7: month versus seven sixty sixty a month is a difference.

647
00:27:33,760 --> 00:27:35,800
Speaker 6: That's your profit margin. You can cash flow one hundred

648
00:27:35,800 --> 00:27:37,680
Speaker 6: dollars a month off of a car. That's good.

649
00:27:37,680 --> 00:27:38,040
Speaker 2: That's good.

650
00:27:38,200 --> 00:27:40,919
Speaker 7: It's your car. That's your cell phone being paid for

651
00:27:40,960 --> 00:27:42,879
Speaker 7: every month. You can look at it like that. I

652
00:27:42,880 --> 00:27:44,399
Speaker 7: don't ever have to pay for my cell phone for

653
00:27:44,440 --> 00:27:46,080
Speaker 7: a whole year because this car is paid for it

654
00:27:46,800 --> 00:27:48,680
Speaker 7: things of that nature. So when you get into the

655
00:27:48,720 --> 00:27:52,680
Speaker 7: dealership knowing how this process works, it's super important. So

656
00:27:52,720 --> 00:27:55,080
Speaker 7: typically when people are going to the dealerships are getting

657
00:27:55,080 --> 00:27:58,480
Speaker 7: the car finance, so you having your credit profile already

658
00:27:58,520 --> 00:28:01,960
Speaker 7: prepared is super important, super imported. Most people don't know

659
00:28:01,960 --> 00:28:04,000
Speaker 7: what their credit score is or credit report is when

660
00:28:04,000 --> 00:28:07,399
Speaker 7: they go to the dealership. And if a salesperson or

661
00:28:07,440 --> 00:28:10,880
Speaker 7: fiest person knows that, you don't know they have leverage.

662
00:28:11,480 --> 00:28:15,640
Speaker 7: Remember they're in the business to sell cars and make

663
00:28:15,640 --> 00:28:17,760
Speaker 7: sure that they get the most income out of each

664
00:28:17,800 --> 00:28:21,560
Speaker 7: car possible for their bottom line. So why is that

665
00:28:21,600 --> 00:28:23,400
Speaker 7: important for you to know your credit score is because

666
00:28:23,400 --> 00:28:26,359
Speaker 7: so you can know that when they literally run your

667
00:28:26,359 --> 00:28:29,920
Speaker 7: credit report and come back to you. Some salespeople they say, ah,

668
00:28:30,040 --> 00:28:32,600
Speaker 7: your credit score is not too good. We can only

669
00:28:32,680 --> 00:28:36,240
Speaker 7: get you approved for twenty thousand at ten percent.

670
00:28:36,920 --> 00:28:37,960
Speaker 6: But if you know your.

671
00:28:37,800 --> 00:28:39,760
Speaker 7: Credit score is stronger than that, like hold hold on

672
00:28:39,840 --> 00:28:43,400
Speaker 7: ten percent, I should be getting six percent, five percent.

673
00:28:43,720 --> 00:28:46,480
Speaker 7: Why are you charging ten right? So if you don't

674
00:28:46,520 --> 00:28:48,520
Speaker 7: have an answer to that, they're gonna let you. You're

675
00:28:48,560 --> 00:28:50,240
Speaker 7: gonna be happy with the ten percent just because you

676
00:28:50,280 --> 00:28:52,440
Speaker 7: got approved, and they had you sitting there in that

677
00:28:53,880 --> 00:28:57,480
Speaker 7: lobby for two hours wait, knowing that it only takes

678
00:28:57,520 --> 00:28:59,360
Speaker 7: five minutes to find out whether you're proved or not.

679
00:29:00,200 --> 00:29:04,040
Speaker 3: Which so the three bureaus, right, So which one are

680
00:29:04,040 --> 00:29:06,200
Speaker 3: they using or are they taking the average of the three?

681
00:29:06,520 --> 00:29:10,360
Speaker 6: Yeah? So typically it depends on what lender they're dealing with.

682
00:29:10,560 --> 00:29:14,120
Speaker 7: So for example, I go to the dealership and I

683
00:29:14,240 --> 00:29:18,640
Speaker 7: give I fill out the credit report. The sales manager

684
00:29:18,680 --> 00:29:21,520
Speaker 7: grabs that credit report, whether there's online, website, whatever the

685
00:29:21,560 --> 00:29:24,880
Speaker 7: case may be, and gives it to the sales manager, right,

686
00:29:24,920 --> 00:29:27,400
Speaker 7: who then helps and finance manager runs the report.

687
00:29:28,080 --> 00:29:29,320
Speaker 6: They actually have it if you go to car MA.

688
00:29:29,360 --> 00:29:30,760
Speaker 6: Actually they'll actually let you see it.

689
00:29:31,400 --> 00:29:33,640
Speaker 9: They fill in your information to your social you address,

690
00:29:33,640 --> 00:29:36,360
Speaker 9: all that good stuff, and it literally plugs it into

691
00:29:36,360 --> 00:29:40,600
Speaker 9: their system and shoots that information to their lenders and instantly,

692
00:29:40,800 --> 00:29:42,200
Speaker 9: five probably ten minutes.

693
00:29:42,600 --> 00:29:47,200
Speaker 7: They'll respond back with approved, not approved, approved, with stipulations

694
00:29:47,840 --> 00:29:50,760
Speaker 7: not approved because of this. Yeah, we're thinking about it,

695
00:29:50,840 --> 00:29:53,400
Speaker 7: but have this person tell us this information why they

696
00:29:53,600 --> 00:29:56,480
Speaker 7: be moving for the last two years? Can we verify

697
00:29:56,520 --> 00:29:58,959
Speaker 7: their income? They'll do those things, but it all happens

698
00:29:58,960 --> 00:30:00,880
Speaker 7: within five to ten minutes. It doesn't take too long.

699
00:30:01,440 --> 00:30:03,840
Speaker 7: So once they find that out, they can be able

700
00:30:03,840 --> 00:30:05,120
Speaker 7: to let you know, yep, you got to prove of

701
00:30:05,160 --> 00:30:07,840
Speaker 7: Bank America. You got proof of chase, which one do

702
00:30:07,880 --> 00:30:09,440
Speaker 7: you want to do? But typically they don't give you

703
00:30:09,480 --> 00:30:13,640
Speaker 7: two options. They only present them on They don't do that.

704
00:30:13,880 --> 00:30:15,880
Speaker 6: You don't ever know that you got to prove by

705
00:30:15,960 --> 00:30:16,680
Speaker 6: multiple banks.

706
00:30:16,720 --> 00:30:19,520
Speaker 7: They only lets you know one whatever was the most

707
00:30:19,800 --> 00:30:21,000
Speaker 7: profitable for them.

708
00:30:21,440 --> 00:30:23,040
Speaker 6: So what they do is, you got to prove for

709
00:30:23,080 --> 00:30:25,000
Speaker 6: six percent over here.

710
00:30:25,600 --> 00:30:27,560
Speaker 7: But they don't have a relationship with Bank America where

711
00:30:27,560 --> 00:30:31,680
Speaker 7: they get money any money from that interest right, because

712
00:30:31,720 --> 00:30:34,239
Speaker 7: dealerships don't make as much money as more anymore from

713
00:30:34,280 --> 00:30:37,320
Speaker 7: the car sale from the top. Because the Internet, Internet

714
00:30:37,360 --> 00:30:39,640
Speaker 7: now has the prices of these cars, you can you

715
00:30:39,640 --> 00:30:41,600
Speaker 7: can shop prices better, way better now.

716
00:30:42,040 --> 00:30:44,000
Speaker 6: So what do the dealerships do to offset that?

717
00:30:44,320 --> 00:30:47,120
Speaker 7: They make their money on the back end selling US

718
00:30:47,160 --> 00:30:52,360
Speaker 7: warranties packages. The interest rate they add two points, sometimes

719
00:30:52,960 --> 00:30:55,920
Speaker 7: two to three points. Sometimes states limit them from adding points.

720
00:30:55,920 --> 00:30:57,720
Speaker 7: But if they didn't have no limits, some people probably say,

721
00:30:57,760 --> 00:30:59,080
Speaker 7: you got a proof for four percent and you don't

722
00:30:59,120 --> 00:30:59,480
Speaker 7: know better.

723
00:31:00,200 --> 00:31:01,520
Speaker 6: Congratulations APROS.

724
00:31:03,960 --> 00:31:10,280
Speaker 7: Cars, because all you're looking at is the monthly payments,

725
00:31:10,280 --> 00:31:11,800
Speaker 7: and that's what the salesperson is supposed to let you do.

726
00:31:12,120 --> 00:31:14,960
Speaker 6: Focus on the monthly payments, not the interest rate.

727
00:31:16,120 --> 00:31:18,840
Speaker 3: So I mean, at this rate, you're accumulating a lot

728
00:31:18,880 --> 00:31:22,920
Speaker 3: of cars, but with all cars comes wear into yep.

729
00:31:23,040 --> 00:31:27,480
Speaker 3: So so how do you mitigate that? Are you making

730
00:31:27,480 --> 00:31:30,960
Speaker 3: connections with repair shops, all the bodies? What's that process like?

731
00:31:31,280 --> 00:31:33,920
Speaker 7: So when you're in this rental business, you end up

732
00:31:33,920 --> 00:31:38,120
Speaker 7: building relationships with the autobody shops, the mechanics, the car

733
00:31:38,280 --> 00:31:41,680
Speaker 7: wash business, insurance. Basically, once you come into rental space,

734
00:31:41,680 --> 00:31:42,920
Speaker 7: you're not even in the rental space. You're in the

735
00:31:43,000 --> 00:31:46,040
Speaker 7: insurance space, right, You're an insurance game. You're in the

736
00:31:46,080 --> 00:31:50,000
Speaker 7: car washing game, car car maintenance game. So while I

737
00:31:50,040 --> 00:31:51,960
Speaker 7: was in this business, I built relationships with the Top

738
00:31:52,000 --> 00:31:55,240
Speaker 7: of the Top in Atlanta how to wash these cars

739
00:31:55,680 --> 00:31:57,800
Speaker 7: and get the right soaps, the right materials to make

740
00:31:57,800 --> 00:32:01,760
Speaker 7: sure that these cars are being protected and well at

741
00:32:01,920 --> 00:32:04,280
Speaker 7: cheap costs. Right, A lot of these cars can be

742
00:32:04,360 --> 00:32:06,760
Speaker 7: maintained really really low. But a lot of people don't get

743
00:32:06,760 --> 00:32:09,280
Speaker 7: those same rates because they're not in this business. They

744
00:32:09,320 --> 00:32:12,320
Speaker 7: just go and take their cars in the nearest auto

745
00:32:12,320 --> 00:32:14,239
Speaker 7: body shop, and because they don't have relationship with them,

746
00:32:14,240 --> 00:32:14,760
Speaker 7: they hit them.

747
00:32:14,680 --> 00:32:16,760
Speaker 6: Over the head with prices.

748
00:32:16,920 --> 00:32:17,560
Speaker 2: You know what I'm saying.

749
00:32:17,800 --> 00:32:20,320
Speaker 6: So that's how that situation works. How she got hit

750
00:32:20,400 --> 00:32:22,120
Speaker 6: on my head with my Maserati.

751
00:32:22,760 --> 00:32:26,400
Speaker 7: As soon as I bought the Maserati, the brakes were

752
00:32:26,960 --> 00:32:30,200
Speaker 7: warped and I didn't know. I didn't know better, and

753
00:32:30,320 --> 00:32:32,040
Speaker 7: because I didn't know better, I didn't do better. So

754
00:32:32,080 --> 00:32:33,600
Speaker 7: I'm driving the car, so it was like off the lot,

755
00:32:33,640 --> 00:32:36,480
Speaker 7: I'm like, why is this thing shaking? I take the

756
00:32:36,480 --> 00:32:38,520
Speaker 7: car to the firestone. The dude pulls the wheel out.

757
00:32:38,560 --> 00:32:39,800
Speaker 7: He said, Bro, I don't know how you were even

758
00:32:39,880 --> 00:32:42,720
Speaker 7: driving this car. The tire was bald. All that because

759
00:32:42,720 --> 00:32:45,800
Speaker 7: I didn't have the knowledge to inspect the car. But

760
00:32:45,800 --> 00:32:47,719
Speaker 7: there's a tool. There's a tool that I go to now.

761
00:32:47,720 --> 00:32:49,960
Speaker 7: It's called your Mechanic dot Com. You pay that person

762
00:32:50,000 --> 00:32:52,720
Speaker 7: seventy five dollars before you buy a car. They'll inspect

763
00:32:52,720 --> 00:32:54,280
Speaker 7: to let you know this is a good car and

764
00:32:54,320 --> 00:32:58,320
Speaker 7: you can have your car with less buyer's remorse because

765
00:32:58,360 --> 00:32:59,360
Speaker 7: you checked it out properly.

766
00:33:00,120 --> 00:33:02,200
Speaker 4: How do you buy a car under your business name

767
00:33:02,360 --> 00:33:04,360
Speaker 4: without reporting it in your personally.

768
00:33:05,080 --> 00:33:07,360
Speaker 6: So there's a couple of different strategies do that. I

769
00:33:07,360 --> 00:33:08,240
Speaker 6: think you guys talked about it.

770
00:33:08,280 --> 00:33:12,120
Speaker 7: I tapped into the But one that wasn't mentioned was

771
00:33:12,360 --> 00:33:15,800
Speaker 7: if somebody gets a business credit card with ten thousand,

772
00:33:16,040 --> 00:33:18,200
Speaker 7: twenty dolls, you could buy a car with the credit card.

773
00:33:18,440 --> 00:33:21,120
Speaker 7: That's simple, right. If you got one percent interest or

774
00:33:21,200 --> 00:33:23,320
Speaker 7: zero percent interest for a year, you can literally buy

775
00:33:23,320 --> 00:33:25,160
Speaker 7: your car with the credit card and tell them put

776
00:33:25,160 --> 00:33:27,680
Speaker 7: it in the business name. That's simple, right. Most people

777
00:33:27,720 --> 00:33:29,880
Speaker 7: never thought about it that way because I'm there so

778
00:33:30,000 --> 00:33:32,880
Speaker 7: used to getting cars for personal use, and personal use

779
00:33:33,160 --> 00:33:37,120
Speaker 7: typically means it's a liability. So we be transferred from

780
00:33:37,120 --> 00:33:38,960
Speaker 7: a liability to the asset. We're going to buy it

781
00:33:39,040 --> 00:33:41,760
Speaker 7: under a business name because also there's gonna be protection,

782
00:33:41,840 --> 00:33:44,200
Speaker 7: more protection under business, and it's not gonna mess with

783
00:33:44,200 --> 00:33:47,640
Speaker 7: our debt to income ratio, super important.

784
00:33:47,320 --> 00:33:49,480
Speaker 2: All right, So this is this is crazy, right?

785
00:33:49,560 --> 00:33:54,480
Speaker 3: So this is partnering with small dealerships but using their

786
00:33:54,560 --> 00:33:55,680
Speaker 3: cars to rent.

787
00:33:56,520 --> 00:33:57,560
Speaker 6: So what is this?

788
00:33:57,680 --> 00:34:02,600
Speaker 7: So the rental space was so advantage that I never

789
00:34:02,680 --> 00:34:05,240
Speaker 7: had enough cars. All my cars be renting, but I'll

790
00:34:05,240 --> 00:34:07,959
Speaker 7: never have enough, right, So I'll say, dang, how can

791
00:34:07,960 --> 00:34:09,040
Speaker 7: I get more cars? Because I'm not going to be

792
00:34:09,080 --> 00:34:10,440
Speaker 7: able to get more cars with my name. Now they're

793
00:34:10,480 --> 00:34:13,640
Speaker 7: showing after those thirty days that I utilized my credit

794
00:34:13,719 --> 00:34:16,400
Speaker 7: to get these cars because they weren't showing on my credit.

795
00:34:16,640 --> 00:34:18,600
Speaker 7: Now they're all on my credit, so I can't get

796
00:34:18,760 --> 00:34:21,400
Speaker 7: more cars. So I was able to go to different

797
00:34:21,480 --> 00:34:25,040
Speaker 7: smaller dealerships, mom and pop dealerships and say, the cars

798
00:34:25,040 --> 00:34:26,520
Speaker 7: that you guys have in your lot that looks like

799
00:34:26,560 --> 00:34:30,239
Speaker 7: a car graveyard because it's collecting dust. Did you know

800
00:34:30,280 --> 00:34:31,600
Speaker 7: you guys can rent out these cars.

801
00:34:31,880 --> 00:34:33,439
Speaker 6: We don't rent our cars or none in this business.

802
00:34:33,480 --> 00:34:34,960
Speaker 6: That's how it would be in the first place. But

803
00:34:35,040 --> 00:34:38,000
Speaker 6: once you start showing them numbers showing that it makes sense.

804
00:34:37,760 --> 00:34:41,120
Speaker 7: Build trust report you could actually rent out their cars

805
00:34:41,160 --> 00:34:43,080
Speaker 7: for you and runt out their cars for you, or

806
00:34:43,120 --> 00:34:45,000
Speaker 7: for them actually and do a deal with them fifty

807
00:34:45,040 --> 00:34:46,719
Speaker 7: to fifty eighty twenty, whatever deal you want to do

808
00:34:46,800 --> 00:34:48,880
Speaker 7: with them. The thing is, if you don't have the

809
00:34:48,920 --> 00:34:51,360
Speaker 7: cash or we don't have the credit to get cars,

810
00:34:51,560 --> 00:34:53,520
Speaker 7: you can utilize other people's vehicles.

811
00:34:53,719 --> 00:34:55,320
Speaker 6: You can now utilize other people's credit.

812
00:34:55,680 --> 00:34:57,320
Speaker 7: I can literally walk up to somebody with on the

813
00:34:57,360 --> 00:34:59,399
Speaker 7: street and say, hey, what's your credit card? I got

814
00:34:59,400 --> 00:35:01,439
Speaker 7: a cool seven hundred. Did you know with that seven

815
00:35:01,520 --> 00:35:02,839
Speaker 7: hundred you can get you a car that's gonna bring

816
00:35:02,840 --> 00:35:04,759
Speaker 7: you a little cash flow in no, tell me about it.

817
00:35:04,760 --> 00:35:06,239
Speaker 7: If you convince that person, you can get them a

818
00:35:06,280 --> 00:35:08,759
Speaker 7: car under their name and do a business deal with

819
00:35:08,800 --> 00:35:09,520
Speaker 7: them running.

820
00:35:09,239 --> 00:35:10,719
Speaker 2: Out that car, take a percentage. Yep.

821
00:35:11,320 --> 00:35:14,040
Speaker 4: So how do you partner with police officers to get

822
00:35:14,040 --> 00:35:15,360
Speaker 4: the scoop on car accidents?

823
00:35:15,360 --> 00:35:15,480
Speaker 3: Oh?

824
00:35:16,200 --> 00:35:18,400
Speaker 6: But what's the deal with that?

825
00:35:18,760 --> 00:35:19,480
Speaker 2: Yo? All right?

826
00:35:19,520 --> 00:35:20,839
Speaker 6: So my boy in New York?

827
00:35:20,920 --> 00:35:24,600
Speaker 7: Right, so say say you have a car flee a

828
00:35:24,640 --> 00:35:29,279
Speaker 7: fleet of cars. You have five Toyota Priuses economy cars. Right,

829
00:35:30,200 --> 00:35:33,560
Speaker 7: when there's an accident, what typically happens somebody calls the

830
00:35:33,560 --> 00:35:36,160
Speaker 7: police to be able to make the report. But in

831
00:35:36,200 --> 00:35:38,680
Speaker 7: that accident, this car, this person's car is wrecked and

832
00:35:38,719 --> 00:35:41,719
Speaker 7: this person's car is wrecked. Right, no matter whose fault

833
00:35:41,760 --> 00:35:45,759
Speaker 7: it is, these cars are now undrivable and they're gonna

834
00:35:45,760 --> 00:35:47,200
Speaker 7: go to the toy yard or whatever case may be,

835
00:35:47,239 --> 00:35:49,960
Speaker 7: your auto body shop. But now this person that was

836
00:35:49,960 --> 00:35:51,439
Speaker 7: in this wreck and this person that was in the wreck,

837
00:35:51,480 --> 00:35:53,799
Speaker 7: they don't have a car to drive. So I know

838
00:35:53,840 --> 00:35:56,520
Speaker 7: a dude who has a network with police officers. YO,

839
00:35:56,640 --> 00:35:59,600
Speaker 7: call me anytime there's an accident, I'm gonna pull out

840
00:36:00,320 --> 00:36:03,040
Speaker 7: and let them know that we can fix their car,

841
00:36:03,600 --> 00:36:05,480
Speaker 7: and Shirt's gonna pay for it. They basically convince it

842
00:36:05,480 --> 00:36:08,600
Speaker 7: that person, Look, you got an accident, you got insurance,

843
00:36:08,600 --> 00:36:09,600
Speaker 7: cool insurance is gonna.

844
00:36:09,400 --> 00:36:09,839
Speaker 2: Pay for it.

845
00:36:10,640 --> 00:36:13,480
Speaker 7: But take it to my auto body shop. Not only

846
00:36:13,560 --> 00:36:15,360
Speaker 7: are you gonna take the car to my autobody shop,

847
00:36:15,680 --> 00:36:17,839
Speaker 7: I'm gonna provide you with a car renal that they're

848
00:36:17,840 --> 00:36:18,360
Speaker 7: gonna pay for it.

849
00:36:18,400 --> 00:36:20,880
Speaker 6: In Shuret's gonna pay for at the same time. So

850
00:36:20,960 --> 00:36:21,800
Speaker 6: he double dips.

851
00:36:22,200 --> 00:36:23,799
Speaker 7: But he was able to double dip because he has

852
00:36:23,840 --> 00:36:25,440
Speaker 7: a network of officers that call him.

853
00:36:25,520 --> 00:36:28,359
Speaker 6: It's basically how the tow truck companies work. Yeah, total

854
00:36:28,400 --> 00:36:29,000
Speaker 6: truck companies.

855
00:36:29,080 --> 00:36:31,440
Speaker 7: How they work is because they grandfathered into a network

856
00:36:31,480 --> 00:36:33,400
Speaker 7: of police officer. When the police officer needs a car

857
00:36:33,480 --> 00:36:36,759
Speaker 7: toe they called the network of toll trucks and they

858
00:36:36,800 --> 00:36:39,840
Speaker 7: come in. So any tow truck company that has these contracts,

859
00:36:40,080 --> 00:36:42,200
Speaker 7: they make their money by just pulling up anytime the

860
00:36:42,200 --> 00:36:44,480
Speaker 7: police officer costs. But people don't know that you could

861
00:36:44,480 --> 00:36:46,600
Speaker 7: do it for your car. Riddles too, right, Not just

862
00:36:46,640 --> 00:36:49,759
Speaker 7: police officers, anybody that's in a situation of witnessing a

863
00:36:49,800 --> 00:36:51,759
Speaker 7: car accident, if you could put it out there in

864
00:36:51,760 --> 00:36:54,000
Speaker 7: the universe, if you see a car accident, call me,

865
00:36:54,520 --> 00:36:55,960
Speaker 7: you can be able to tap into that and rent

866
00:36:55,960 --> 00:36:56,360
Speaker 7: it out.

867
00:36:56,400 --> 00:37:00,960
Speaker 4: With like those billboards in New York, like personal injury attorney,

868
00:37:01,200 --> 00:37:05,160
Speaker 4: same thing, same thing, and one of them passed away,

869
00:37:05,239 --> 00:37:09,840
Speaker 4: right recipe, It's like, yeah, the ambulance chases that.

870
00:37:10,000 --> 00:37:12,560
Speaker 6: If you full.

871
00:37:13,920 --> 00:37:16,160
Speaker 3: This episode is brought to you by P and C Bank.

872
00:37:16,560 --> 00:37:19,320
Speaker 3: A lot of people think podcasts about work are boring,

873
00:37:19,560 --> 00:37:23,400
Speaker 3: and sure they definitely can be, but understanding of professional's

874
00:37:23,480 --> 00:37:26,720
Speaker 3: routine shows us how they achieve their success little by little,

875
00:37:27,120 --> 00:37:30,759
Speaker 3: day after day. It's like banking with P and C Bank.

876
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Speaker 3: It might seem boring to safe plan and make calculated

877
00:37:34,040 --> 00:37:37,160
Speaker 3: decisions with your bank, but keeping your money boring is

878
00:37:37,160 --> 00:37:40,520
Speaker 3: what helps you live or more happily fulfilled life. P

879
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Speaker 3: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly

880
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Speaker 3: Boring since eighteen sixty five is a service mark of

881
00:37:48,160 --> 00:37:51,399
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882
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Speaker 3: National Association Member FDI c.

883
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Speaker 2: Erners. What's up?

884
00:37:57,880 --> 00:38:00,400
Speaker 3: You ever walk into a small business and everything just

885
00:38:00,520 --> 00:38:03,720
Speaker 3: works like the checkout is fast, the receipts are digital,

886
00:38:04,239 --> 00:38:07,200
Speaker 3: tipping is a breeze, and you're out the door before

887
00:38:07,239 --> 00:38:11,360
Speaker 3: the line even builds odds are they're using Square. We

888
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889
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890
00:38:17,400 --> 00:38:19,640
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891
00:38:19,719 --> 00:38:23,360
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892
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895
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899
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900
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901
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902
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Speaker 3: can keep pushing your vision forward.

903
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911
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913
00:39:30,920 --> 00:39:34,200
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914
00:39:36,600 --> 00:39:41,120
Speaker 6: Crazy the show better call saw that's what all?

915
00:39:41,200 --> 00:39:44,600
Speaker 4: Yeah, yeah, yeah, So it's a whole booming industry of people.

916
00:39:44,640 --> 00:39:47,160
Speaker 4: It's like they look for that, like if you fall

917
00:39:47,200 --> 00:39:50,600
Speaker 4: at work or if you're falling and now unfortunately it's crazy.

918
00:39:51,320 --> 00:39:52,920
Speaker 4: Do you know what the most popular thing that you hear,

919
00:39:53,000 --> 00:39:54,600
Speaker 4: especially in New York, I don't know if it's in Atlanta,

920
00:39:55,120 --> 00:39:57,920
Speaker 4: police brutality. If you, if you or somebody who know

921
00:39:58,040 --> 00:40:02,160
Speaker 4: has been a victim of in the last two years, crumbs,

922
00:40:10,480 --> 00:40:12,200
Speaker 4: if you or somebody you know has been a victim

923
00:40:12,239 --> 00:40:14,240
Speaker 4: of police brutality in the last two years, call.

924
00:40:17,000 --> 00:40:19,520
Speaker 7: It's a strong these a strong play once more people

925
00:40:19,560 --> 00:40:22,040
Speaker 7: start being privy to these different opportunities in rental space.

926
00:40:22,200 --> 00:40:24,320
Speaker 6: You know how black people are. We get real creative,

927
00:40:24,960 --> 00:40:26,520
Speaker 6: get real creative, can do.

928
00:40:28,200 --> 00:40:30,920
Speaker 2: So. So I'm glad you broke down the interest part.

929
00:40:31,360 --> 00:40:34,000
Speaker 2: But is there a way to buy the car without

930
00:40:34,440 --> 00:40:35,719
Speaker 2: high interest or interest at them?

931
00:40:36,360 --> 00:40:38,879
Speaker 6: So that's a good point point.

932
00:40:38,960 --> 00:40:41,200
Speaker 7: So in order to get a car with zero interest

933
00:40:41,520 --> 00:40:44,160
Speaker 7: either you got to have like super super super good,

934
00:40:44,640 --> 00:40:49,719
Speaker 7: super good uh credit profile and they're just doing it

935
00:40:49,719 --> 00:40:51,200
Speaker 7: as a favor because that's how they make their money.

936
00:40:51,400 --> 00:40:53,680
Speaker 7: Banks they needed, as you guys know, in the financial space,

937
00:40:53,800 --> 00:40:56,080
Speaker 7: banks they need to invest that money that's just sitting

938
00:40:56,120 --> 00:40:59,120
Speaker 7: there or inflation is going to eat it up. So

939
00:40:59,440 --> 00:41:01,880
Speaker 7: there's different ways that banks invest the money that's just

940
00:41:01,920 --> 00:41:05,960
Speaker 7: sitting there, home loans and auto loans and investing into

941
00:41:06,000 --> 00:41:08,759
Speaker 7: the market. So out of auto loans they have to

942
00:41:08,800 --> 00:41:12,279
Speaker 7: make their money back. Say say Erica needs a car

943
00:41:12,640 --> 00:41:14,239
Speaker 7: and she doesn't have the money to pay for it

944
00:41:14,560 --> 00:41:17,279
Speaker 7: for cash. Bank will say, oh, okay, we'll give you

945
00:41:17,360 --> 00:41:20,760
Speaker 7: the money for two percent back, one percent back, depending

946
00:41:20,760 --> 00:41:22,200
Speaker 7: on the situation. But the way that you can get

947
00:41:22,200 --> 00:41:24,279
Speaker 7: it for zero percent is if you buy what a

948
00:41:24,360 --> 00:41:26,719
Speaker 7: credit card that has zero percent interests. You don't have

949
00:41:26,800 --> 00:41:28,160
Speaker 7: to buy a twenty thousand dollars car to get in

950
00:41:28,200 --> 00:41:30,600
Speaker 7: the space. You can buy five thousand dollars car. If

951
00:41:30,640 --> 00:41:32,319
Speaker 7: you don't have five thousand dollars cash, you can use

952
00:41:32,320 --> 00:41:34,520
Speaker 7: your car your credit card to buy a five thousand

953
00:41:34,560 --> 00:41:37,759
Speaker 7: dollars car and immediately use it to be able to

954
00:41:37,800 --> 00:41:41,440
Speaker 7: be renting on platforms like hire car to row, generate

955
00:41:41,480 --> 00:41:43,400
Speaker 7: the income, pay that loan back, and now you got

956
00:41:43,480 --> 00:41:43,680
Speaker 7: a car.

957
00:41:44,040 --> 00:41:46,080
Speaker 4: And even in my red I'm thinking even the supplement,

958
00:41:46,120 --> 00:41:48,239
Speaker 4: even if you're not doing it as a full time business. Yes,

959
00:41:48,320 --> 00:41:51,840
Speaker 4: something average the average person, outside of their living expenses,

960
00:41:53,000 --> 00:41:55,800
Speaker 4: their car is their biggest expense, their biggest monthly No,

961
00:41:56,080 --> 00:41:58,400
Speaker 4: it's like either your rent or your mortgage is going

962
00:41:58,440 --> 00:42:00,200
Speaker 4: to be number one. Your car is going you know

963
00:42:00,600 --> 00:42:03,160
Speaker 4: for most people outside like student loan stuff like that.

964
00:42:03,360 --> 00:42:06,680
Speaker 4: So it's like the average person might be struggling. And

965
00:42:06,920 --> 00:42:08,880
Speaker 4: even if it's a three hundred dollars four hundred whatever.

966
00:42:10,040 --> 00:42:12,680
Speaker 4: In my brain, there's always some time where you may

967
00:42:12,760 --> 00:42:18,080
Speaker 4: not use your car. Vacations, vacations Saturday or you know, Sunday,

968
00:42:18,080 --> 00:42:19,560
Speaker 4: if you're just you know, just staying in there.

969
00:42:20,360 --> 00:42:21,839
Speaker 2: Like if you're taking the train to work every day.

970
00:42:22,080 --> 00:42:23,600
Speaker 6: Yeah, I just want to switch it up a little

971
00:42:23,600 --> 00:42:25,839
Speaker 6: bit for the month. Yeah, season? How does that work?

972
00:42:25,960 --> 00:42:26,320
Speaker 3: Like that?

973
00:42:26,400 --> 00:42:28,880
Speaker 4: Can an average person that maybe is not looking to

974
00:42:28,920 --> 00:42:31,480
Speaker 4: do a business but just looking to just cut back

975
00:42:31,560 --> 00:42:33,960
Speaker 4: on it on the on the monthly note and I

976
00:42:34,080 --> 00:42:36,120
Speaker 4: have to pay that money as.

977
00:42:36,000 --> 00:42:38,680
Speaker 7: Long as they don't have an emotional attachment to the

978
00:42:38,760 --> 00:42:40,680
Speaker 7: car and they don't mind sharing it and handing the

979
00:42:40,760 --> 00:42:43,440
Speaker 7: keys to somebody and understanding of how to manage the car.

980
00:42:43,840 --> 00:42:44,680
Speaker 6: Absolutely well.

981
00:42:44,800 --> 00:42:47,160
Speaker 7: For me, that's how I started Saturdays only, But Saturday's

982
00:42:47,200 --> 00:42:50,840
Speaker 7: turning to me having a whole operation for the specific business.

983
00:42:50,560 --> 00:42:52,359
Speaker 4: Because it's dope because it's like there's a reference point

984
00:42:52,400 --> 00:42:55,640
Speaker 4: for Airbnb, so it's not far and it's like, exactly,

985
00:42:55,760 --> 00:42:59,680
Speaker 4: it's already it's thinking about airbnb just for cars, exactly exactly?

986
00:43:00,400 --> 00:43:02,360
Speaker 4: Is there certain like all right? Like if you just

987
00:43:02,440 --> 00:43:07,280
Speaker 4: have a like a hondoid Dodge, will people be willing

988
00:43:07,360 --> 00:43:08,440
Speaker 4: to Yes.

989
00:43:08,480 --> 00:43:10,160
Speaker 7: I'm in the luxury space, but I'm gonn also have

990
00:43:10,239 --> 00:43:11,399
Speaker 7: economy cars, standard cars.

991
00:43:11,920 --> 00:43:14,759
Speaker 6: I got smart cars, paid cash for it.

992
00:43:14,920 --> 00:43:17,359
Speaker 7: Smart cars work so many plays with a smart car

993
00:43:17,520 --> 00:43:19,560
Speaker 7: or any car, you can get the car wrapped I

994
00:43:19,640 --> 00:43:21,080
Speaker 7: think they mentioned before.

995
00:43:21,200 --> 00:43:24,640
Speaker 6: Get a car wrapped on all sides. I've actually seen

996
00:43:24,680 --> 00:43:26,480
Speaker 6: the Atlantic station. The dude pulled up.

997
00:43:26,480 --> 00:43:27,840
Speaker 7: I said, Yo, let me ask you a question. How

998
00:43:27,920 --> 00:43:29,879
Speaker 7: much did this business pay you to wrap your car?

999
00:43:30,040 --> 00:43:32,480
Speaker 7: He said, three hundred dollars for the month. He made

1000
00:43:32,520 --> 00:43:34,719
Speaker 7: three hundred dollars just to wrap somebody else's business on

1001
00:43:34,800 --> 00:43:37,520
Speaker 7: the car. Right, his car probably look beat up, the

1002
00:43:37,560 --> 00:43:39,920
Speaker 7: paintless chipping. Now he got a fresh little wrap on there,

1003
00:43:40,320 --> 00:43:42,280
Speaker 7: making three hundred dollars, and that three hundred.

1004
00:43:42,040 --> 00:43:45,040
Speaker 6: Dollars pays for it. Probably his his groceries and gas.

1005
00:43:45,600 --> 00:43:47,560
Speaker 7: Now he don't worry about groceries as a gas ever

1006
00:43:47,640 --> 00:43:50,040
Speaker 7: again until he finds it, of course, unless he doesn't

1007
00:43:50,040 --> 00:43:52,640
Speaker 7: do it anymore. That's just one way, right, and then

1008
00:43:52,800 --> 00:43:54,880
Speaker 7: he can again reunt out his car to people who

1009
00:43:54,960 --> 00:43:55,760
Speaker 7: need to just travel.

1010
00:43:56,040 --> 00:43:57,840
Speaker 6: It's just building a network of people who need a

1011
00:43:57,880 --> 00:44:00,000
Speaker 6: car in any situation.

1012
00:44:00,440 --> 00:44:01,680
Speaker 4: Let me let me ask you this, because like, if

1013
00:44:01,719 --> 00:44:03,799
Speaker 4: I rent a car from hurt so you know I'm

1014
00:44:03,800 --> 00:44:06,760
Speaker 4: going to the airport or the actual car rental place,

1015
00:44:08,320 --> 00:44:11,840
Speaker 4: it's usually centrally located. So if I live, like in

1016
00:44:11,920 --> 00:44:14,200
Speaker 4: a suburb or something like that, do I have to

1017
00:44:14,239 --> 00:44:16,600
Speaker 4: actually drive the car for somebody to come pick it up,

1018
00:44:16,680 --> 00:44:19,959
Speaker 4: or like, how's that aspect of the car rental business works?

1019
00:44:20,280 --> 00:44:21,200
Speaker 6: Location? I got you?

1020
00:44:21,520 --> 00:44:21,560
Speaker 5: So?

1021
00:44:21,719 --> 00:44:21,919
Speaker 6: Yeah.

1022
00:44:22,040 --> 00:44:25,680
Speaker 7: For example, if I if I have a car and

1023
00:44:25,719 --> 00:44:28,000
Speaker 7: no like an hour away from Atlanta, right from an

1024
00:44:28,000 --> 00:44:30,759
Speaker 7: hour away from Atlanta, and I don't want to tap

1025
00:44:30,840 --> 00:44:34,120
Speaker 7: into the city or the airport where everybody's at, I

1026
00:44:34,160 --> 00:44:36,719
Speaker 7: would have to build a network of having people that's

1027
00:44:36,760 --> 00:44:38,879
Speaker 7: in that area that need to cars rent. And you'll

1028
00:44:38,920 --> 00:44:41,560
Speaker 7: be surprised if there's no enterprise there. That means it's

1029
00:44:41,640 --> 00:44:44,160
Speaker 7: it's still people that need the car. There's people in

1030
00:44:44,400 --> 00:44:46,480
Speaker 7: our way that wish that there was a place for

1031
00:44:46,560 --> 00:44:48,879
Speaker 7: them to get able to rent cars in their specific area.

1032
00:44:49,160 --> 00:44:51,080
Speaker 7: And the question is why would somebody runt out of

1033
00:44:51,080 --> 00:44:54,959
Speaker 7: a car in Loganville and that was just an hour way. Well,

1034
00:44:55,440 --> 00:45:00,719
Speaker 7: somebody's car broke down. Yeah they need a car. Yeah, yeah,

1035
00:45:00,800 --> 00:45:01,520
Speaker 7: supply to man.

1036
00:45:01,680 --> 00:45:05,160
Speaker 3: So in the hotel business like Airbnb, I know there's

1037
00:45:05,160 --> 00:45:07,960
Speaker 3: a checkout time, So I'm wondering in the car space,

1038
00:45:08,080 --> 00:45:09,960
Speaker 3: is that like, Yo, I rented from eleven to eleven

1039
00:45:10,400 --> 00:45:12,200
Speaker 3: and if I don't bring it back in that time,

1040
00:45:12,280 --> 00:45:14,640
Speaker 3: what's the penalty or what happens if I don't bring

1041
00:45:14,719 --> 00:45:15,200
Speaker 3: it back at all.

1042
00:45:15,600 --> 00:45:18,440
Speaker 7: Same situation with every b Yeah, so check in, check

1043
00:45:18,440 --> 00:45:21,279
Speaker 7: out time, same situation where you can actually set up

1044
00:45:21,440 --> 00:45:23,279
Speaker 7: it's your car, you can set it up however you

1045
00:45:23,440 --> 00:45:27,200
Speaker 7: want to pickups or at this time, between this time

1046
00:45:27,239 --> 00:45:28,400
Speaker 7: and this time, you can sounds like that.

1047
00:45:28,600 --> 00:45:30,520
Speaker 6: And then when they book your car they say, okay, cool,

1048
00:45:30,520 --> 00:45:32,239
Speaker 6: I'll pick it up at three o'clock. I'll pick it

1049
00:45:32,320 --> 00:45:32,759
Speaker 6: up at five.

1050
00:45:33,000 --> 00:45:36,120
Speaker 7: If there's after hours, you can charge more for after hours,

1051
00:45:36,640 --> 00:45:39,400
Speaker 7: or you can just make it between these hours. But

1052
00:45:39,680 --> 00:45:41,799
Speaker 7: one of the biggest issues is of course people bringing

1053
00:45:41,840 --> 00:45:45,000
Speaker 7: the car back like and messing up bookings, just like Airbnb. Yeah,

1054
00:45:45,160 --> 00:45:47,279
Speaker 7: so it's just a matter of managing the communication with

1055
00:45:47,400 --> 00:45:49,640
Speaker 7: the guests to make sure that they bring the car back.

1056
00:45:49,880 --> 00:45:51,399
Speaker 7: And if they don't bring in a car back, there's

1057
00:45:51,440 --> 00:45:54,080
Speaker 7: different ways to get compensated, whether it's to taking their

1058
00:45:54,120 --> 00:45:56,400
Speaker 7: deposit or on tu ro letting Turo know that they

1059
00:45:56,440 --> 00:45:58,279
Speaker 7: didn't bring the car back and they need to be

1060
00:45:58,400 --> 00:46:01,720
Speaker 7: charged for half a day or a whole day, depending

1061
00:46:01,719 --> 00:46:02,480
Speaker 7: on how late they work.

1062
00:46:02,600 --> 00:46:04,040
Speaker 2: Do you have a maintenance team, because I know, like

1063
00:46:04,160 --> 00:46:06,200
Speaker 2: after somebody leaves, they clean the apartment.

1064
00:46:06,280 --> 00:46:08,839
Speaker 6: You have definitely the check in check out team.

1065
00:46:08,880 --> 00:46:10,360
Speaker 7: They make sure that the car came back in the

1066
00:46:10,400 --> 00:46:13,600
Speaker 7: same condition and they went out in right check the

1067
00:46:13,800 --> 00:46:15,400
Speaker 7: tires because that's one of the biggest things that get

1068
00:46:15,400 --> 00:46:17,560
Speaker 7: messed up in the car on the base they rim

1069
00:46:17,680 --> 00:46:21,480
Speaker 7: rash the tires. But all these different situations that may happen,

1070
00:46:21,600 --> 00:46:24,560
Speaker 7: we have protocols for every situation. If somebody messes up

1071
00:46:24,560 --> 00:46:27,480
Speaker 7: the rims, there's a fee for that. There's a reimbursement

1072
00:46:27,520 --> 00:46:30,640
Speaker 7: fee for that. If somebody smokes in the car, there's

1073
00:46:30,680 --> 00:46:33,319
Speaker 7: a feed for that same situation. A little Dinxon things.

1074
00:46:33,600 --> 00:46:35,439
Speaker 7: You're creating all these things. Yeah, I got a hold.

1075
00:46:35,680 --> 00:46:38,080
Speaker 7: I'm really analytical. I made sure I had a list

1076
00:46:38,160 --> 00:46:39,400
Speaker 7: for every possible situation.

1077
00:46:39,760 --> 00:46:42,360
Speaker 6: Here's my quote. If it can't happen, it will, So

1078
00:46:42,600 --> 00:46:43,399
Speaker 6: you just don't need to make sure.

1079
00:46:43,440 --> 00:46:45,239
Speaker 7: We have the process and procedures to take care of

1080
00:46:45,320 --> 00:46:47,520
Speaker 7: it when it does, and we make sure we communicate

1081
00:46:47,560 --> 00:46:50,400
Speaker 7: it with a guest beforehand, so it's not surprise that

1082
00:46:51,200 --> 00:46:53,160
Speaker 7: it smells like smoking here and it's someone like smoke

1083
00:46:53,239 --> 00:46:55,520
Speaker 7: like before, So we're gonna have to charge to take

1084
00:46:55,560 --> 00:46:57,960
Speaker 7: care to smell for the next guest. So of course

1085
00:46:58,040 --> 00:47:00,120
Speaker 7: some people take it responsibility. But some people say, man,

1086
00:47:00,160 --> 00:47:02,319
Speaker 7: I don't want smoke. I don't want smoke. No weak man,

1087
00:47:03,400 --> 00:47:06,120
Speaker 7: bro It smell like we did, you know what I'm saying.

1088
00:47:06,200 --> 00:47:07,960
Speaker 7: So that's part of the nature of the business. But

1089
00:47:08,040 --> 00:47:10,239
Speaker 7: making sure that you have the systems in place to

1090
00:47:10,280 --> 00:47:10,759
Speaker 7: take care of it.

1091
00:47:11,400 --> 00:47:12,040
Speaker 6: Let me ask you this.

1092
00:47:13,680 --> 00:47:16,640
Speaker 4: One of the biggest hurdles that stops people from getting cars,

1093
00:47:17,160 --> 00:47:19,800
Speaker 4: especially like probably at scale like this would be their credit.

1094
00:47:20,640 --> 00:47:23,080
Speaker 4: So do you have any hacks or tips for people

1095
00:47:23,120 --> 00:47:25,759
Speaker 4: to you know, rebuild repair their credit to get into

1096
00:47:25,800 --> 00:47:26,040
Speaker 4: the car.

1097
00:47:26,480 --> 00:47:28,479
Speaker 7: And we got a whole network of these dope because

1098
00:47:28,520 --> 00:47:31,160
Speaker 7: credit when it was a credit repayer two years ago,

1099
00:47:31,200 --> 00:47:34,120
Speaker 7: it was like, that's that scammy. We just didn't know

1100
00:47:34,160 --> 00:47:36,640
Speaker 7: the loss, We didn't know the process and procedures of

1101
00:47:36,680 --> 00:47:39,120
Speaker 7: getting these things off of our creditor profile because of

1102
00:47:39,440 --> 00:47:42,600
Speaker 7: the loopholes that were created. Right and luckily we have

1103
00:47:42,800 --> 00:47:44,959
Speaker 7: teams like we got Recession Proof that can help people

1104
00:47:45,160 --> 00:47:47,680
Speaker 7: with that process to educate them. But through even through

1105
00:47:47,719 --> 00:47:50,960
Speaker 7: Recession Proof, there's hundreds of women and men who now

1106
00:47:51,080 --> 00:47:54,760
Speaker 7: know how to take care of these inquiries, reports, eviction.

1107
00:47:54,600 --> 00:47:55,240
Speaker 6: Student loans.

1108
00:47:55,560 --> 00:47:58,600
Speaker 7: Legally, we're not even talking about finessing the system nearly

1109
00:47:58,680 --> 00:48:01,279
Speaker 7: legally doing it. So if somebody wants to use their

1110
00:48:01,320 --> 00:48:04,239
Speaker 7: own profile to do so, they can do it or

1111
00:48:04,600 --> 00:48:07,040
Speaker 7: make it, build out a business profile and buy a

1112
00:48:07,080 --> 00:48:08,400
Speaker 7: card in the business, and that has nothing to do

1113
00:48:08,480 --> 00:48:12,920
Speaker 7: with their horrible personal credit. Business profiles straight personal is horrible.

1114
00:48:12,960 --> 00:48:15,359
Speaker 7: You can just use your business, but somebody says. Somebody

1115
00:48:15,400 --> 00:48:17,359
Speaker 7: might say, well, I don't have a business profile. There's

1116
00:48:17,400 --> 00:48:19,080
Speaker 7: strategies that are out there where you can buy a

1117
00:48:19,120 --> 00:48:22,960
Speaker 7: business's profile, shelf companies and add tradelines to that that

1118
00:48:23,440 --> 00:48:26,919
Speaker 7: that specific shelf company that exists, and then operate within

1119
00:48:27,000 --> 00:48:28,759
Speaker 7: that business. There's so many people who sell business. I

1120
00:48:28,800 --> 00:48:31,760
Speaker 7: can sell my business right now to somebody. My business

1121
00:48:31,760 --> 00:48:32,280
Speaker 7: has been out.

1122
00:48:32,120 --> 00:48:34,000
Speaker 6: For twelve years. Talk about that.

1123
00:48:34,600 --> 00:48:38,600
Speaker 7: Yeah, so literally CEO cartells my LLC say I was

1124
00:48:38,680 --> 00:48:42,279
Speaker 7: never using co Cartel right, or I stopped using it,

1125
00:48:42,760 --> 00:48:45,600
Speaker 7: or I was being really laxer, or I built this

1126
00:48:45,880 --> 00:48:48,200
Speaker 7: LLC just to sell it. I could just sell the

1127
00:48:48,400 --> 00:48:50,240
Speaker 7: LLC has nothing to do with the services of products,

1128
00:48:50,560 --> 00:48:53,680
Speaker 7: just this business entity. I can sell a business entity,

1129
00:48:54,080 --> 00:48:56,640
Speaker 7: and that what they call shelf companies. It's like a body.

1130
00:48:57,040 --> 00:48:59,360
Speaker 7: But of course the body can't just have skeleton. It

1131
00:48:59,400 --> 00:49:01,719
Speaker 7: has to have its skin and bones. That's why the

1132
00:49:01,800 --> 00:49:04,080
Speaker 7: profile is important. So they add the skin and bones

1133
00:49:04,160 --> 00:49:07,680
Speaker 7: via trade lines, via business transactions and things of that nature.

1134
00:49:08,280 --> 00:49:11,200
Speaker 7: And that's the different strategy as well, So many strategies.

1135
00:49:11,640 --> 00:49:13,680
Speaker 7: The excuse of I don't have the cash or credit

1136
00:49:14,360 --> 00:49:16,759
Speaker 7: is an excuse me more. We can leverage somebody else's cash,

1137
00:49:17,680 --> 00:49:21,120
Speaker 7: leverage somebody else's credit, like you judge somebody else's time.

1138
00:49:21,239 --> 00:49:23,200
Speaker 3: So you talked about getting it from the dealership. You

1139
00:49:23,320 --> 00:49:26,120
Speaker 3: talked about getting the cars from mom and pops. What

1140
00:49:26,200 --> 00:49:29,399
Speaker 3: about auctions? Yeah, yeah, yeah, that process look like ye yeah.

1141
00:49:29,520 --> 00:49:33,760
Speaker 3: So man, when, for example, say we got an accident.

1142
00:49:34,520 --> 00:49:37,560
Speaker 3: So I say an NFL player gets his car crashed,

1143
00:49:37,600 --> 00:49:39,000
Speaker 3: But no, he's no longer in the league. He's not

1144
00:49:39,040 --> 00:49:40,320
Speaker 3: making the money like he used to make it, so

1145
00:49:40,440 --> 00:49:43,000
Speaker 3: he can't pay for the maintenance on the car no more,

1146
00:49:43,560 --> 00:49:44,200
Speaker 3: or can't pay.

1147
00:49:44,080 --> 00:49:46,879
Speaker 6: To fix it whatever case, or just doesn't want to right.

1148
00:49:47,239 --> 00:49:49,080
Speaker 6: That car is now sitting at the auto body shop,

1149
00:49:49,400 --> 00:49:49,800
Speaker 6: just chilling.

1150
00:49:50,440 --> 00:49:50,600
Speaker 2: Right.

1151
00:49:50,960 --> 00:49:52,759
Speaker 7: So now if it sits there too long and the

1152
00:49:52,800 --> 00:49:55,000
Speaker 7: person never picks up the car, they put a lien

1153
00:49:55,080 --> 00:49:58,239
Speaker 7: on that car. They have the opportunity to either sell

1154
00:49:58,239 --> 00:50:00,120
Speaker 7: it to auction after the lean or sell it to

1155
00:50:00,160 --> 00:50:01,719
Speaker 7: you if you know better. If you pull up and say, yo,

1156
00:50:01,800 --> 00:50:03,160
Speaker 7: any cars that you put on me, sell it to

1157
00:50:03,239 --> 00:50:04,680
Speaker 7: me first, they'll send it to the auction.

1158
00:50:05,040 --> 00:50:06,600
Speaker 6: Right or if it already went to the auction.

1159
00:50:06,880 --> 00:50:08,560
Speaker 7: Most people think that you need a dealer's license to

1160
00:50:08,880 --> 00:50:11,440
Speaker 7: buy cars at the auction, some du like Mike Manheim.

1161
00:50:11,680 --> 00:50:13,839
Speaker 7: But there's a dealership, there's an auction where you don't

1162
00:50:13,880 --> 00:50:16,000
Speaker 7: need a dealer's license that you can go there and

1163
00:50:16,080 --> 00:50:19,840
Speaker 7: buy cars, cash cars, salvage cars. Right to road does

1164
00:50:19,880 --> 00:50:21,880
Speaker 7: allow savage cars. But if you're doing personal bookings and

1165
00:50:21,920 --> 00:50:24,120
Speaker 7: the car is straight and it's been checked out, you

1166
00:50:24,160 --> 00:50:25,080
Speaker 7: can run out those cars.

1167
00:50:25,520 --> 00:50:27,200
Speaker 6: You know what I'm saying. Those are the different strategies

1168
00:50:27,200 --> 00:50:29,359
Speaker 6: how to do that? How do you feel about?

1169
00:50:29,480 --> 00:50:31,440
Speaker 4: Like we see Hurts going under and a lot of

1170
00:50:31,520 --> 00:50:35,759
Speaker 4: car dealership, well car rental places is going under. Yeah,

1171
00:50:35,840 --> 00:50:37,600
Speaker 4: so it's an interesting to see the rise of Toro

1172
00:50:37,680 --> 00:50:41,719
Speaker 4: and things that make sure what what's the disconnect?

1173
00:50:41,880 --> 00:50:43,960
Speaker 6: Like, it's not like people don't need cars anymore. How

1174
00:50:44,040 --> 00:50:46,319
Speaker 6: come the big boys are struggling right right?

1175
00:50:46,400 --> 00:50:48,840
Speaker 7: I think it's because their business models. Obviously it's their

1176
00:50:48,880 --> 00:50:51,120
Speaker 7: business model is different they have. For example, there'll be

1177
00:50:51,160 --> 00:50:53,279
Speaker 7: one gym that shuts down, I think goes them also

1178
00:50:53,360 --> 00:50:53,799
Speaker 7: shut down.

1179
00:50:54,160 --> 00:50:55,440
Speaker 6: Another gym is thriving.

1180
00:50:56,000 --> 00:50:58,400
Speaker 7: The only difference is the business model and the revenue

1181
00:50:58,440 --> 00:51:01,840
Speaker 7: model and the certain the the capacity of services so

1182
00:51:02,000 --> 00:51:02,360
Speaker 7: as we know.

1183
00:51:02,480 --> 00:51:03,440
Speaker 6: Hurts budget.

1184
00:51:03,640 --> 00:51:07,200
Speaker 7: All those those big companies in this cardinal space, they

1185
00:51:07,280 --> 00:51:10,279
Speaker 7: have too many cars, right, they have either too many cars,

1186
00:51:10,400 --> 00:51:11,920
Speaker 7: or they don't have the right cars that people actually

1187
00:51:11,920 --> 00:51:14,000
Speaker 7: want to run out, or they're not serving the right market,

1188
00:51:14,200 --> 00:51:16,759
Speaker 7: or they have limitations because they have limitations like you

1189
00:51:16,920 --> 00:51:18,960
Speaker 7: have to be twenty five and older to get a car,

1190
00:51:19,080 --> 00:51:20,640
Speaker 7: you have to have a credit card or debit card.

1191
00:51:20,760 --> 00:51:23,640
Speaker 7: With this, they have different stipulations for you to get cars.

1192
00:51:24,160 --> 00:51:27,000
Speaker 7: So at scale, larger companies are more prone.

1193
00:51:26,719 --> 00:51:26,960
Speaker 2: To be.

1194
00:51:28,680 --> 00:51:31,920
Speaker 7: Affected by a pandemic because it's a large scale business.

1195
00:51:32,360 --> 00:51:35,000
Speaker 7: So for me, because I'm smaller, I'm able to pivot

1196
00:51:35,120 --> 00:51:38,040
Speaker 7: more so on Turo when the pandemic had, it was

1197
00:51:38,120 --> 00:51:41,640
Speaker 7: less bookings, but I was able to pivot to running

1198
00:51:41,680 --> 00:51:43,640
Speaker 7: out to nurses when they came into town.

1199
00:51:44,440 --> 00:51:46,719
Speaker 6: Nurses they were getting paid ten thousand dollars.

1200
00:51:46,520 --> 00:51:53,160
Speaker 7: A month to help Atlanta with the Corona situation, to

1201
00:51:53,320 --> 00:51:56,680
Speaker 7: leave their city in state and get flown out flewd

1202
00:51:56,680 --> 00:51:58,920
Speaker 7: out to this specific state to help. But now this

1203
00:51:59,160 --> 00:52:02,120
Speaker 7: nurse needs a place to stay in a car to drive.

1204
00:52:02,880 --> 00:52:04,680
Speaker 7: So now that I know that they need these two things,

1205
00:52:04,719 --> 00:52:06,919
Speaker 7: I can offer the airbnb and I can offer the cars.

1206
00:52:07,280 --> 00:52:10,160
Speaker 7: And they have no problem paying five hundred to eight

1207
00:52:10,280 --> 00:52:12,040
Speaker 7: hundred to twelve hundred dollars a month for the car

1208
00:52:12,120 --> 00:52:14,720
Speaker 7: because they're getting paid ten thousands. So they just added

1209
00:52:14,760 --> 00:52:17,200
Speaker 7: that to the budget. Some of these people, like these actresses,

1210
00:52:17,600 --> 00:52:20,640
Speaker 7: the production teams actually pay for these cars for Yeah,

1211
00:52:20,960 --> 00:52:22,759
Speaker 7: So there's so many different strategies when it comes to this.

1212
00:52:23,360 --> 00:52:26,520
Speaker 7: And like I mentioned before, even during the pandemic where

1213
00:52:26,920 --> 00:52:30,320
Speaker 7: Rose was the grocery's delivery and the Postmates and the

1214
00:52:30,440 --> 00:52:32,600
Speaker 7: Uber eats and things that nature pivot, I.

1215
00:52:32,600 --> 00:52:35,680
Speaker 4: See, this is one of these things that's probably one

1216
00:52:35,680 --> 00:52:38,839
Speaker 4: of the more practical things that anybody can react because,

1217
00:52:38,920 --> 00:52:40,239
Speaker 4: like I said, I mean, it's one thing. You can

1218
00:52:40,320 --> 00:52:43,680
Speaker 4: start your own car rental business if you want. But

1219
00:52:43,920 --> 00:52:45,960
Speaker 4: from my brain, even for me personally, I'm interested in

1220
00:52:46,080 --> 00:52:48,600
Speaker 4: this because I feel like, like I explained you to

1221
00:52:48,880 --> 00:52:52,200
Speaker 4: play with la and so that's like for me personally,

1222
00:52:52,280 --> 00:52:55,240
Speaker 4: but the average person, like I said, you're just trying

1223
00:52:55,280 --> 00:52:59,440
Speaker 4: to just save some money. So whether it's rent into

1224
00:52:59,520 --> 00:53:01,840
Speaker 4: some people that you need, you know, a car for

1225
00:53:01,960 --> 00:53:06,520
Speaker 4: the weekend, or Uber each driver make it makes sense

1226
00:53:06,560 --> 00:53:09,200
Speaker 4: from the hours of four to eight o'clock at night.

1227
00:53:09,640 --> 00:53:11,719
Speaker 4: You know, you come home from work and you're not

1228
00:53:11,800 --> 00:53:13,279
Speaker 4: doing nothing at night anyway, that is.

1229
00:53:13,520 --> 00:53:14,040
Speaker 2: What I was thinking.

1230
00:53:14,560 --> 00:53:15,840
Speaker 6: Night workers think of that.

1231
00:53:15,920 --> 00:53:17,880
Speaker 3: I was thinking, like the person who who gets on

1232
00:53:17,920 --> 00:53:20,400
Speaker 3: the train at eight am, that makes seven thirty to

1233
00:53:20,440 --> 00:53:22,959
Speaker 3: pick up. Time you get up the train at six pm,

1234
00:53:23,600 --> 00:53:25,680
Speaker 3: you make six pm to drop off. You literally picking

1235
00:53:25,760 --> 00:53:27,600
Speaker 3: up the car as you're coming home when you need.

1236
00:53:27,480 --> 00:53:30,800
Speaker 6: It, or just the soccer mom or whatever.

1237
00:53:30,960 --> 00:53:33,360
Speaker 4: That's like you know what I'm saying, the dad that

1238
00:53:33,719 --> 00:53:36,080
Speaker 4: works a regular job, they traveling, but then they locking

1239
00:53:36,120 --> 00:53:38,360
Speaker 4: in with their kids that night. And you know a

1240
00:53:38,440 --> 00:53:41,480
Speaker 4: lot of people, the average person when they get home

1241
00:53:41,520 --> 00:53:43,399
Speaker 4: at like six o'clock, they're not really leaving the house

1242
00:53:43,440 --> 00:53:46,399
Speaker 4: after that. So from the hours and maybe like six

1243
00:53:46,960 --> 00:53:51,399
Speaker 4: to ten, UBER each driver can rent your car.

1244
00:53:51,840 --> 00:53:55,719
Speaker 6: That's a bar. See what I think about that. I

1245
00:53:55,840 --> 00:53:56,600
Speaker 6: just learned that right now.

1246
00:53:58,280 --> 00:53:59,279
Speaker 2: Welcome, learn your leasure man.

1247
00:54:00,160 --> 00:54:02,879
Speaker 6: You know what I'm saying, It makes sense. It makes sense.

1248
00:54:03,520 --> 00:54:06,279
Speaker 7: Damn, that's the most practical. Probably some people have a

1249
00:54:06,320 --> 00:54:09,440
Speaker 7: problem with giving a car to somebody like a stranger.

1250
00:54:09,880 --> 00:54:12,680
Speaker 7: But for me, I realized that when you go to

1251
00:54:12,680 --> 00:54:14,680
Speaker 7: the dealership to get one car, you can get a

1252
00:54:14,719 --> 00:54:16,640
Speaker 7: car for your personal use and a car for rental.

1253
00:54:17,440 --> 00:54:19,440
Speaker 7: You can get two cars and have that one car

1254
00:54:19,520 --> 00:54:20,080
Speaker 7: pay for both.

1255
00:54:22,200 --> 00:54:24,440
Speaker 3: So so he plays on a day to day basis.

1256
00:54:24,600 --> 00:54:26,800
Speaker 3: How involved are you in this right, because this is

1257
00:54:26,840 --> 00:54:29,040
Speaker 3: a big operation. Well it sounds like it's not. You

1258
00:54:29,120 --> 00:54:31,000
Speaker 3: call it a small business, but this is a big operation.

1259
00:54:31,600 --> 00:54:34,920
Speaker 3: So you got to hire a team obviously, delegate roles.

1260
00:54:35,400 --> 00:54:37,680
Speaker 3: How involved are you in the process on the day

1261
00:54:37,719 --> 00:54:37,960
Speaker 3: to day?

1262
00:54:38,040 --> 00:54:40,759
Speaker 7: Yeah, Now, I'm only involved in because I have a team.

1263
00:54:40,920 --> 00:54:44,000
Speaker 7: So I was able to have people I trusted. I'm

1264
00:54:44,040 --> 00:54:46,600
Speaker 7: in the part of a church organization and having these

1265
00:54:46,680 --> 00:54:48,879
Speaker 7: cars and having these luxury cars and people having keys

1266
00:54:48,920 --> 00:54:50,880
Speaker 7: to this, you need people that you can trust. So

1267
00:54:51,080 --> 00:54:53,520
Speaker 7: because I have so many cars, I needed a team

1268
00:54:53,560 --> 00:54:56,640
Speaker 7: that I trusted, and I have seven. One team handles

1269
00:54:56,680 --> 00:54:59,560
Speaker 7: the protection lost call it what they call it lost

1270
00:54:59,560 --> 00:55:02,120
Speaker 7: prevention in the retail space, to make sure that we

1271
00:55:02,280 --> 00:55:04,000
Speaker 7: track the cars. So we have an app that we

1272
00:55:04,040 --> 00:55:05,960
Speaker 7: can literally track every single car and where they're at

1273
00:55:06,440 --> 00:55:08,080
Speaker 7: so that persons make sure they did that.

1274
00:55:08,480 --> 00:55:09,760
Speaker 6: We have the check in and check out.

1275
00:55:09,680 --> 00:55:14,880
Speaker 7: Team, accounting team, we have the customer support team, and

1276
00:55:15,280 --> 00:55:17,560
Speaker 7: the buying team to make sure that we're always getting

1277
00:55:17,560 --> 00:55:20,319
Speaker 7: the right cars going in and out selling cars use

1278
00:55:20,360 --> 00:55:22,480
Speaker 7: the nature. So for me personally, I don't have to

1279
00:55:22,560 --> 00:55:25,640
Speaker 7: do anything outside of just being a CEO, just over

1280
00:55:26,000 --> 00:55:27,759
Speaker 7: like checking make sure everything got done for the.

1281
00:55:27,760 --> 00:55:28,799
Speaker 2: Week, you know what I'm saying.

1282
00:55:29,120 --> 00:55:33,160
Speaker 7: And my wife, Erica, miss Erica Pride, She's the queen

1283
00:55:33,239 --> 00:55:35,440
Speaker 7: of managing to the point where I'm free, you know

1284
00:55:35,480 --> 00:55:38,759
Speaker 7: what I'm saying. I'm free, free from all the frustrations

1285
00:55:38,760 --> 00:55:40,520
Speaker 7: that I had in the early stages of the business.

1286
00:55:40,600 --> 00:55:42,480
Speaker 2: We just we just figured out how you got the

1287
00:55:42,560 --> 00:55:43,280
Speaker 2: time for clubhouse.

1288
00:55:45,640 --> 00:55:48,279
Speaker 7: People will always try to look for passive income. When

1289
00:55:48,320 --> 00:55:51,440
Speaker 7: you have a passive business that's creating passive impact, to

1290
00:55:51,600 --> 00:55:52,120
Speaker 7: hop on that.

1291
00:55:52,120 --> 00:55:55,680
Speaker 6: Club passive business creating passive impact.

1292
00:55:55,719 --> 00:55:56,120
Speaker 3: I like that.

1293
00:55:56,719 --> 00:56:00,759
Speaker 4: So it's like, all right, is Toro the same or

1294
00:56:00,840 --> 00:56:03,520
Speaker 4: any of these car services? Are they the same as

1295
00:56:03,640 --> 00:56:06,800
Speaker 4: like Airbnb where you just how do you actually get on,

1296
00:56:07,040 --> 00:56:08,520
Speaker 4: like you just got to have an application? Do they

1297
00:56:08,560 --> 00:56:09,680
Speaker 4: accept anybody or.

1298
00:56:10,200 --> 00:56:13,560
Speaker 7: Yeah, you just the onboarding process was cement your ID,

1299
00:56:13,880 --> 00:56:16,680
Speaker 7: just like Airbnb. And even if you want to drive

1300
00:56:16,719 --> 00:56:19,319
Speaker 7: for Uber, you have to send your ID information where

1301
00:56:19,360 --> 00:56:21,239
Speaker 7: you live, they vet that, they do a background, they

1302
00:56:21,400 --> 00:56:23,120
Speaker 7: prove you on the platform and all and you get

1303
00:56:23,160 --> 00:56:26,640
Speaker 7: to go. It's literally easier uploading your car than it

1304
00:56:26,760 --> 00:56:29,880
Speaker 7: is making a Facebook profile. Literally upload the bit of

1305
00:56:29,880 --> 00:56:33,719
Speaker 7: your car description, price it, your rules, rates, and the

1306
00:56:34,040 --> 00:56:34,880
Speaker 7: plan that you want to be on.

1307
00:56:35,120 --> 00:56:37,040
Speaker 6: When it comes to turo goodgo, how do you know

1308
00:56:37,080 --> 00:56:38,680
Speaker 6: how to price it? Just what other people are charging.

1309
00:56:38,800 --> 00:56:40,799
Speaker 7: So we do market research and see whatever the people

1310
00:56:40,800 --> 00:56:42,880
Speaker 7: are charging and based off that then and it's in

1311
00:56:43,000 --> 00:56:46,040
Speaker 7: the same cities, in the same area. So they charge

1312
00:56:46,040 --> 00:56:49,719
Speaker 7: one hundred and fifty for a corvette charge for you

1313
00:56:49,760 --> 00:56:50,279
Speaker 7: know what I'm saying.

1314
00:56:51,080 --> 00:56:51,600
Speaker 6: You know what I'm saying.

1315
00:56:52,120 --> 00:56:55,799
Speaker 3: So this is running out of just the Atlanta try

1316
00:56:56,120 --> 00:56:58,480
Speaker 3: I guess, not even try to state, but the Metro. Yeah,

1317
00:56:58,560 --> 00:57:01,080
Speaker 3: Metro line up and we are you thinking about expanding

1318
00:57:01,120 --> 00:57:02,480
Speaker 3: to throughout the state of Georgia.

1319
00:57:02,960 --> 00:57:03,919
Speaker 6: States That's a good question.

1320
00:57:04,040 --> 00:57:06,359
Speaker 7: So for me, I'm actually in this business not even

1321
00:57:06,600 --> 00:57:09,120
Speaker 7: for the cash flow, because I was actually making more

1322
00:57:09,160 --> 00:57:12,560
Speaker 7: money with less cars because I had less overhead. So

1323
00:57:12,600 --> 00:57:15,320
Speaker 7: I'm actually leveraging this business to have an opportunity to

1324
00:57:15,400 --> 00:57:18,880
Speaker 7: hire people. I'm leveraging this business as an opportunity to

1325
00:57:18,960 --> 00:57:21,960
Speaker 7: be able to network. So when these celebrities coming into town,

1326
00:57:22,040 --> 00:57:24,560
Speaker 7: I'm a plug. I have a car for you and

1327
00:57:24,720 --> 00:57:26,800
Speaker 7: the condo. So it's not just about the cash flow,

1328
00:57:26,840 --> 00:57:28,480
Speaker 7: because there's other reasons.

1329
00:57:28,200 --> 00:57:29,600
Speaker 2: And in this business.

1330
00:57:29,760 --> 00:57:33,080
Speaker 6: So how did you get airbnbs? Like, do you do

1331
00:57:33,160 --> 00:57:33,680
Speaker 6: that before?

1332
00:57:34,360 --> 00:57:36,480
Speaker 7: Or I was one of the first. Yeah, every b

1333
00:57:36,720 --> 00:57:40,360
Speaker 7: was after I dabbled. I listed my condo just to

1334
00:57:40,400 --> 00:57:42,760
Speaker 7: see what people do. I listed my condo back in

1335
00:57:42,800 --> 00:57:45,400
Speaker 7: twenty fourteen for three point fifty just to see if

1336
00:57:45,520 --> 00:57:46,280
Speaker 7: somebody will but night.

1337
00:57:46,520 --> 00:57:48,680
Speaker 6: Yeah, and somebody booked it to cancel it because I

1338
00:57:48,720 --> 00:57:53,400
Speaker 6: was living there. But I was surprised that somebody paid

1339
00:57:53,440 --> 00:57:54,400
Speaker 6: three fifty at night for my.

1340
00:57:54,440 --> 00:57:57,960
Speaker 7: Spot because when it comes to my payments, I'm playing

1341
00:57:58,280 --> 00:58:00,480
Speaker 7: my spot with thirty two hundred dollars a month. What's

1342
00:58:00,520 --> 00:58:02,920
Speaker 7: that fifty to seventy dollars a day? Somebody will pay

1343
00:58:02,960 --> 00:58:05,720
Speaker 7: me three fifty a day? Said that blew my mind.

1344
00:58:05,960 --> 00:58:08,400
Speaker 6: But I tuck that. I put a sticky note on

1345
00:58:08,440 --> 00:58:09,959
Speaker 6: that if I ever need to rent out of my spot.

1346
00:58:10,200 --> 00:58:10,800
Speaker 2: I know how to do it.

1347
00:58:11,560 --> 00:58:13,360
Speaker 6: Yeah, so I was already familiar with it off of

1348
00:58:13,440 --> 00:58:16,280
Speaker 6: that test. But I was doing the cars naturally.

1349
00:58:16,320 --> 00:58:18,200
Speaker 7: People were asking me, yo, do you have a condo

1350
00:58:18,240 --> 00:58:19,640
Speaker 7: to stay because they were going to get my car

1351
00:58:19,680 --> 00:58:20,920
Speaker 7: and go to airbnbay.

1352
00:58:20,960 --> 00:58:21,960
Speaker 6: You don't got to do that no more.

1353
00:58:21,960 --> 00:58:23,880
Speaker 7: I'll get an Airbnb. We can do all the same place.

1354
00:58:23,960 --> 00:58:26,160
Speaker 7: To the point where I was putting my Airbnb listings

1355
00:58:26,200 --> 00:58:29,240
Speaker 7: on my hero profile. The pictures, so you look at

1356
00:58:29,240 --> 00:58:30,960
Speaker 7: the pictures of the car and that you'll like, right,

1357
00:58:31,080 --> 00:58:32,720
Speaker 7: You're like, oh dah, you got a condown too, We're

1358
00:58:32,800 --> 00:58:34,440
Speaker 7: in there, and they'll inquire that way.

1359
00:58:34,440 --> 00:58:37,240
Speaker 4: It's a package Packe, because when you travel and you're

1360
00:58:37,240 --> 00:58:39,160
Speaker 4: living in a perfect city.

1361
00:58:41,640 --> 00:58:42,680
Speaker 6: That being that resource.

1362
00:58:42,720 --> 00:58:43,960
Speaker 7: I don't even call it the plug. I was the

1363
00:58:44,080 --> 00:58:48,120
Speaker 7: extension court in that situation. I was doing so much

1364
00:58:48,160 --> 00:58:51,439
Speaker 7: to plugging people in. Jason Mister two weeks out, my guy,

1365
00:58:52,360 --> 00:58:55,840
Speaker 7: he said, Lamar owed them. His guy hit him up.

1366
00:58:55,840 --> 00:58:57,080
Speaker 7: He said, hey, do you know anybody who has an

1367
00:58:57,120 --> 00:59:00,520
Speaker 7: Airbnb space? And because Lamar told him he had a

1368
00:59:00,600 --> 00:59:02,480
Speaker 7: house in Atlanta, but it wasn't finished being built, so

1369
00:59:02,560 --> 00:59:04,120
Speaker 7: he needed a place to be in until it was

1370
00:59:04,160 --> 00:59:08,400
Speaker 7: done so because I had my amby b Jason knew

1371
00:59:08,400 --> 00:59:11,240
Speaker 7: I had the Airbnbs, he plugged me in. I wouldn't

1372
00:59:11,240 --> 00:59:13,040
Speaker 7: be able to have a relationship with an NBA player

1373
00:59:13,080 --> 00:59:15,320
Speaker 7: that I used to watch every night back home for

1374
00:59:15,440 --> 00:59:17,720
Speaker 7: my favorite team Lakers. If I didn't have a resource,

1375
00:59:17,960 --> 00:59:19,920
Speaker 7: that was going to be an asset to him, right,

1376
00:59:19,960 --> 00:59:21,920
Speaker 7: And that's that was crucial. Once I realized that that

1377
00:59:22,080 --> 00:59:24,080
Speaker 7: the loose top of places can happen, I started getting

1378
00:59:24,080 --> 00:59:28,160
Speaker 7: more Airbnb units. I started building relationships with Wile twenty

1379
00:59:28,200 --> 00:59:30,360
Speaker 7: one Savage and twenty one Savage living Atlanta.

1380
00:59:30,600 --> 00:59:37,920
Speaker 6: But he's always booking my spot Airbnb. Yeah why boy,

1381
00:59:38,360 --> 00:59:38,640
Speaker 6: tell you.

1382
00:59:40,680 --> 00:59:42,120
Speaker 2: I better question. You've got a lot.

1383
00:59:50,160 --> 00:59:54,320
Speaker 6: He's another clubhouse champion. Yeah yeah, easy. So that's crazy.

1384
00:59:54,320 --> 00:59:56,000
Speaker 6: I not even thought about like that. You you you're

1385
00:59:56,080 --> 00:59:59,160
Speaker 6: using it for like really networking? Oh? Yes, leverage is

1386
00:59:59,160 --> 00:59:59,960
Speaker 6: a great networking tool.

1387
01:00:00,360 --> 01:00:02,640
Speaker 7: Yeah, it's And I like being I like doing businesses

1388
01:00:02,680 --> 01:00:05,000
Speaker 7: that are trendy. So when somebody says to Row, I

1389
01:00:05,040 --> 01:00:08,560
Speaker 7: can be in that conversation and add value. Somebody mentions Airbnb,

1390
01:00:08,920 --> 01:00:10,720
Speaker 7: I could be in that conversation and add value.

1391
01:00:11,240 --> 01:00:13,920
Speaker 6: That's that's one of my key things. My core value

1392
01:00:14,080 --> 01:00:15,480
Speaker 6: is resourcefulness.

1393
01:00:15,920 --> 01:00:18,200
Speaker 7: I want to be as resourceful as possible, so I

1394
01:00:18,280 --> 01:00:21,040
Speaker 7: know what businesses are shaking, whether E commerce, whether it's

1395
01:00:21,040 --> 01:00:23,720
Speaker 7: airbb too, row stocks. I want to be able to

1396
01:00:24,000 --> 01:00:25,440
Speaker 7: tap into all those things so I can be a

1397
01:00:25,520 --> 01:00:28,040
Speaker 7: resource for those who aren't privy to those opportunities.

1398
01:00:28,040 --> 01:00:29,680
Speaker 4: Well it makes sense now because you was a party promoter.

1399
01:00:31,200 --> 01:00:33,560
Speaker 4: I don't even connect that done. That was la that

1400
01:00:33,840 --> 01:00:37,320
Speaker 4: lay connect. That's the ultimate plug. Like the party promoters,

1401
01:00:38,320 --> 01:00:38,840
Speaker 4: what do you need?

1402
01:00:38,920 --> 01:00:39,480
Speaker 6: I got everything.

1403
01:00:39,840 --> 01:00:41,680
Speaker 7: Most party promoters they don't know what to do after

1404
01:00:41,720 --> 01:00:44,440
Speaker 7: they get people in those doors. If they get the

1405
01:00:44,480 --> 01:00:46,000
Speaker 7: celebrity in there, they don't know what to do with

1406
01:00:46,080 --> 01:00:49,880
Speaker 7: the masterwords. They don't have other businesses or other opportunities

1407
01:00:49,920 --> 01:00:53,080
Speaker 7: to help facilitate that relationship and nurture that relationship.

1408
01:00:52,720 --> 01:00:55,720
Speaker 6: Outside the club stops there till the next body. Yeah,

1409
01:00:55,840 --> 01:00:57,200
Speaker 6: you're just a promoter. Now that's it.

1410
01:00:57,760 --> 01:00:58,280
Speaker 2: You know what I'm saying.

1411
01:00:58,360 --> 01:01:00,400
Speaker 6: We can be more of an asset, way more if

1412
01:01:00,400 --> 01:01:01,400
Speaker 6: we can figure out what people need.

1413
01:01:01,520 --> 01:01:04,320
Speaker 4: How much Like I know it depends on Gio graphics

1414
01:01:04,360 --> 01:01:08,360
Speaker 4: and but like on like on average, if somebody wanted

1415
01:01:08,360 --> 01:01:11,360
Speaker 4: to start like a car rental business, how much can

1416
01:01:11,680 --> 01:01:14,160
Speaker 4: can they like expect to make, Like what's a good

1417
01:01:14,240 --> 01:01:15,600
Speaker 4: number to hit each car?

1418
01:01:15,680 --> 01:01:18,520
Speaker 7: I just use the parameters of each car, So each

1419
01:01:18,640 --> 01:01:24,120
Speaker 7: car from anywhere from zero to what I was making

1420
01:01:24,160 --> 01:01:26,360
Speaker 7: twenty six hundred dollars per car, depending on the top

1421
01:01:26,400 --> 01:01:28,560
Speaker 7: of car. If you got a Lambo, if your homie

1422
01:01:28,560 --> 01:01:30,600
Speaker 7: has a lambau like for example, right now, I'm at

1423
01:01:30,640 --> 01:01:32,320
Speaker 7: the stage in this business where people want to ship

1424
01:01:32,400 --> 01:01:36,120
Speaker 7: me their Lambos from La Right. They were like, yo, bro,

1425
01:01:36,240 --> 01:01:38,240
Speaker 7: I don't drive this car. I'm just sitting here paying

1426
01:01:38,280 --> 01:01:40,800
Speaker 7: this five hundred dollars a month. Let me ship it

1427
01:01:40,840 --> 01:01:42,120
Speaker 7: to the Lambo and can you rent it out for me?

1428
01:01:42,200 --> 01:01:42,600
Speaker 2: Make money?

1429
01:01:43,000 --> 01:01:43,160
Speaker 6: Right?

1430
01:01:43,320 --> 01:01:46,760
Speaker 7: And a Lambo can run out for what seventeen hundred

1431
01:01:46,760 --> 01:01:50,160
Speaker 7: dollars a day? The car notes probably seventeen hundred dollars. Right,

1432
01:01:50,480 --> 01:01:53,400
Speaker 7: even my ight, my brand new Corvette, my Carnal with

1433
01:01:53,400 --> 01:01:56,439
Speaker 7: my Carvette twelve hundred dollars, that car is getting running

1434
01:01:56,440 --> 01:01:58,000
Speaker 7: it out right now for eight hundred dollars a day,

1435
01:01:59,400 --> 01:02:00,160
Speaker 7: eight hundred.

1436
01:01:59,880 --> 01:02:00,680
Speaker 6: Dollar the easy.

1437
01:02:01,440 --> 01:02:03,840
Speaker 7: So all depends on the car, the business model, what

1438
01:02:03,920 --> 01:02:05,440
Speaker 7: you want to do, because like you mentioned before, you

1439
01:02:05,480 --> 01:02:07,720
Speaker 7: can do short term rentals or long term rentals or

1440
01:02:07,800 --> 01:02:11,600
Speaker 7: hourly rentals all dependents. Typically somebody nobody's gonna really do

1441
01:02:11,680 --> 01:02:15,000
Speaker 7: a short term hourly rental for a Honda Accord, but

1442
01:02:15,080 --> 01:02:16,440
Speaker 7: they might do it for a sling shot, one of

1443
01:02:16,480 --> 01:02:18,280
Speaker 7: my sling shots. They'll do rent it out for an hour,

1444
01:02:18,560 --> 01:02:22,040
Speaker 7: one hundred and fifty dollars for an hour, or a supercar.

1445
01:02:22,400 --> 01:02:23,880
Speaker 7: They just want to go to the little restaurant with

1446
01:02:23,960 --> 01:02:25,560
Speaker 7: their girl for two hours. I rent it out for

1447
01:02:25,600 --> 01:02:27,520
Speaker 7: two hours. I don't need it all night. All depends

1448
01:02:27,560 --> 01:02:28,240
Speaker 7: on the type of car.

1449
01:02:29,000 --> 01:02:34,320
Speaker 3: So pre covid, Yeah, were you getting into entertainment space

1450
01:02:34,360 --> 01:02:36,919
Speaker 3: where actually like production companies or like y need cars.

1451
01:02:37,520 --> 01:02:41,400
Speaker 7: That was happening all the casting directors, the video teams,

1452
01:02:41,520 --> 01:02:43,560
Speaker 7: production teams, they'll call me, you got a car, We

1453
01:02:43,680 --> 01:02:47,280
Speaker 7: need a car for this video weddings, wedding, the people

1454
01:02:47,320 --> 01:02:48,120
Speaker 7: who organize the weddings.

1455
01:02:48,120 --> 01:02:50,240
Speaker 6: I forgot with their call, but they hit me up.

1456
01:02:50,320 --> 01:02:52,920
Speaker 7: You got any white Bentley's You got a white as

1457
01:02:52,960 --> 01:02:56,040
Speaker 7: fifty white manserrity, anything white really does good with the

1458
01:02:56,040 --> 01:02:56,640
Speaker 7: wedding space.

1459
01:02:57,000 --> 01:02:59,080
Speaker 6: But just being a resource and through that, I'm starting

1460
01:02:59,120 --> 01:02:59,800
Speaker 6: to meet everybody.

1461
01:03:00,160 --> 01:03:02,680
Speaker 7: I'm pulling up my car and find out that an

1462
01:03:02,840 --> 01:03:06,320
Speaker 7: agent book my car for a super celebrity, a listener celebrity,

1463
01:03:06,320 --> 01:03:08,200
Speaker 7: and now I'm connected with the celebrity in that aspect.

1464
01:03:08,440 --> 01:03:10,960
Speaker 6: I do marketing as a trade, So now I'm finishing

1465
01:03:11,040 --> 01:03:13,760
Speaker 6: my marketing plans room because of this car. It was

1466
01:03:13,800 --> 01:03:16,320
Speaker 6: a tool, the extension extension car.

1467
01:03:18,200 --> 01:03:20,240
Speaker 4: So you figured the game out, and you know what

1468
01:03:20,240 --> 01:03:22,200
Speaker 4: I'm saying. Obviously you know you're doing good for yourself,

1469
01:03:22,240 --> 01:03:24,320
Speaker 4: and you figured out the Airbnb and you figure out

1470
01:03:24,320 --> 01:03:27,120
Speaker 4: the tooral side. At what point do you get into

1471
01:03:27,160 --> 01:03:29,360
Speaker 4: the education space and start to teach people about this?

1472
01:03:29,600 --> 01:03:32,000
Speaker 6: So here's the here's the real play. The real play was.

1473
01:03:32,120 --> 01:03:34,640
Speaker 6: I knew I was going to be teaching it before

1474
01:03:34,680 --> 01:03:35,160
Speaker 6: I started.

1475
01:03:36,280 --> 01:03:36,560
Speaker 2: This is.

1476
01:03:38,640 --> 01:03:39,400
Speaker 6: Because think about it.

1477
01:03:39,760 --> 01:03:42,320
Speaker 7: Anytime somebody does something successful, what's the question that most

1478
01:03:42,360 --> 01:03:43,840
Speaker 7: people ask when they see them doing something?

1479
01:03:44,600 --> 01:03:45,160
Speaker 2: How did you do it?

1480
01:03:46,080 --> 01:03:49,120
Speaker 6: Put me on internship something.

1481
01:03:49,960 --> 01:03:51,960
Speaker 7: Most people when we get asked, yo, how did you

1482
01:03:52,080 --> 01:03:55,800
Speaker 7: do it? Most people say, just work hard, grind hard, fluff,

1483
01:03:56,360 --> 01:03:59,560
Speaker 7: straight fluff. We need the bars, we need the details.

1484
01:04:00,240 --> 01:04:02,360
Speaker 7: How much money did you spend? How many cars did

1485
01:04:02,400 --> 01:04:04,720
Speaker 7: you have? What was the good things that happened? Well,

1486
01:04:04,720 --> 01:04:06,680
Speaker 7: the bad things that happened. It wasn't just you, So

1487
01:04:06,720 --> 01:04:08,280
Speaker 7: who was the part of your team. We need all

1488
01:04:08,360 --> 01:04:11,600
Speaker 7: those details because most people never document in the process.

1489
01:04:12,240 --> 01:04:15,760
Speaker 7: They themselves don't know. They can't articulate or even share

1490
01:04:16,040 --> 01:04:18,520
Speaker 7: how they did it. They know they put into sweat equity.

1491
01:04:18,600 --> 01:04:21,200
Speaker 7: They grind it hard because that's all they knew they did.

1492
01:04:21,240 --> 01:04:22,320
Speaker 7: That's all they tell people they did.

1493
01:04:22,400 --> 01:04:24,600
Speaker 6: I just grinded hard. I didn't go to sleep. I

1494
01:04:24,680 --> 01:04:25,160
Speaker 6: worked hard.

1495
01:04:25,480 --> 01:04:27,440
Speaker 7: But if you can document the process, which I did,

1496
01:04:27,960 --> 01:04:32,440
Speaker 7: I documented since day one. I utilized Instagram stories to

1497
01:04:32,560 --> 01:04:36,520
Speaker 7: document my day. Most people they treat stories like what

1498
01:04:36,680 --> 01:04:39,680
Speaker 7: it's called a story. So I'm telling my story day

1499
01:04:39,720 --> 01:04:40,240
Speaker 7: to day.

1500
01:04:40,200 --> 01:04:43,120
Speaker 6: Using the specific platform. So people saw when I got

1501
01:04:43,200 --> 01:04:45,400
Speaker 6: my first car, they can just scroll back into the archives.

1502
01:04:45,880 --> 01:04:46,080
Speaker 8: Dang.

1503
01:04:46,160 --> 01:04:48,040
Speaker 7: I remember Maddy got his first car, Tesla, and he

1504
01:04:48,120 --> 01:04:50,640
Speaker 7: saw his first guest. And now they can see that

1505
01:04:50,720 --> 01:04:53,120
Speaker 7: I have forty eight cars now because they saw the journey.

1506
01:04:53,600 --> 01:04:55,800
Speaker 7: But that's not good enough. I need to package this

1507
01:04:55,880 --> 01:04:59,320
Speaker 7: information into a content that people can really dive in

1508
01:04:59,640 --> 01:05:02,320
Speaker 7: and do implicate this process or replicated for themselves how

1509
01:05:02,360 --> 01:05:04,640
Speaker 7: they want to. But as educator, my job isn't to

1510
01:05:04,680 --> 01:05:06,080
Speaker 7: say yo, if you do it like me, you're going

1511
01:05:06,160 --> 01:05:07,640
Speaker 7: to get the same results. Now my job is to

1512
01:05:07,680 --> 01:05:11,120
Speaker 7: present opportunities that exists, and then you pick out these opportunities.

1513
01:05:11,320 --> 01:05:14,240
Speaker 6: This won't makes sense for me in my situation, scenario, circumstance.

1514
01:05:14,480 --> 01:05:16,200
Speaker 4: And it's one of those things where it's like, you know,

1515
01:05:16,280 --> 01:05:20,840
Speaker 4: I love the entrepreneurs that have created online curriculums because

1516
01:05:21,320 --> 01:05:23,800
Speaker 4: it's like one of the things that nineteen Keys said

1517
01:05:23,800 --> 01:05:26,680
Speaker 4: Shout out the nineteen Keys on the podcast is he

1518
01:05:26,760 --> 01:05:32,000
Speaker 4: said everything that the school system didn't teach us as

1519
01:05:32,120 --> 01:05:35,800
Speaker 4: created opportunities for us to teach at a much cheaper price.

1520
01:05:35,840 --> 01:05:37,360
Speaker 4: If you think about like you going to college and

1521
01:05:37,400 --> 01:05:40,040
Speaker 4: you spend in thirty thousand and forty thousand dollars, you

1522
01:05:40,160 --> 01:05:42,000
Speaker 4: buy a course for a couple of thousand, I mean

1523
01:05:42,280 --> 01:05:45,280
Speaker 4: in there that's more probably valuable than your college degree

1524
01:05:45,400 --> 01:05:49,000
Speaker 4: because it's specific. Yeah, like this is I want to okay,

1525
01:05:49,080 --> 01:05:51,520
Speaker 4: I want to have a car rental business. You can't

1526
01:05:51,520 --> 01:05:53,440
Speaker 4: go to college to have a car rental business.

1527
01:05:53,680 --> 01:05:54,200
Speaker 2: So what do you do?

1528
01:05:54,280 --> 01:05:56,040
Speaker 4: You either google your life away and try to figure

1529
01:05:56,040 --> 01:05:58,720
Speaker 4: out hopefully you make it, or you just follow a

1530
01:05:58,840 --> 01:06:02,880
Speaker 4: proven blueprint by somebody that's already been successful, that's actually

1531
01:06:03,000 --> 01:06:05,320
Speaker 4: documented it. They put it in a nice video format

1532
01:06:05,760 --> 01:06:08,160
Speaker 4: and it's a step by step. They have the whole

1533
01:06:08,200 --> 01:06:10,280
Speaker 4: thing laid out for you and you just got to

1534
01:06:10,320 --> 01:06:12,760
Speaker 4: follow the blueprint. And for me, it's like it's been

1535
01:06:12,800 --> 01:06:15,720
Speaker 4: a game changer because I've actually seen it. How you know,

1536
01:06:15,880 --> 01:06:19,520
Speaker 4: whether it's Wall Street trapped, whether it's MG the mortgage guy,

1537
01:06:19,520 --> 01:06:21,400
Speaker 4: whether it's him five hundred, and it's like it's not

1538
01:06:21,560 --> 01:06:25,320
Speaker 4: necessarily like. One of the things that we heard that

1539
01:06:25,560 --> 01:06:28,920
Speaker 4: was the best is like, no school is judged by

1540
01:06:29,960 --> 01:06:32,840
Speaker 4: the teachers or the principals.

1541
01:06:33,000 --> 01:06:36,680
Speaker 6: The school is judged by the students. Oh, students, students,

1542
01:06:37,800 --> 01:06:38,760
Speaker 6: the success of the students.

1543
01:06:38,800 --> 01:06:41,920
Speaker 4: And when you when you have about Howard University, when

1544
01:06:41,920 --> 01:06:47,280
Speaker 4: you have about Harvard Yale, they don't reference the founders.

1545
01:06:47,360 --> 01:06:51,120
Speaker 4: They referenced Bill Gates went here, and this guy went here,

1546
01:06:51,120 --> 01:06:53,120
Speaker 4: and Mark Zucker even if they dropped out, they went there.

1547
01:06:53,360 --> 01:06:55,920
Speaker 4: Puffy went like, now what I'm saying, So the school

1548
01:06:56,000 --> 01:06:58,920
Speaker 4: is only as good as the students. And now, so

1549
01:06:59,040 --> 01:07:03,000
Speaker 4: I said to say, I'm watching the online entrepreneurs, I'm

1550
01:07:03,040 --> 01:07:06,320
Speaker 4: not Yeah, these guys are successful, But for me, it's

1551
01:07:06,400 --> 01:07:10,120
Speaker 4: the actual success stories that I'm hearing from the students.

1552
01:07:10,160 --> 01:07:11,960
Speaker 6: Seeing that you know, who kills the game of that

1553
01:07:12,360 --> 01:07:17,760
Speaker 6: Alex Good Energy Yep, member of success.

1554
01:07:17,840 --> 01:07:19,720
Speaker 4: You know what's so crazy? He just DMed me like

1555
01:07:19,800 --> 01:07:22,360
Speaker 4: an hour ago and he was like, check out this

1556
01:07:22,440 --> 01:07:24,600
Speaker 4: caption and it was one of his portal members and

1557
01:07:24,680 --> 01:07:27,800
Speaker 4: it was like, Yo, buying this portal it changed my

1558
01:07:27,840 --> 01:07:33,040
Speaker 4: whole life. I'm on my third truck testimonies, no more success.

1559
01:07:33,880 --> 01:07:36,080
Speaker 2: Like you said, the success dope sells itself.

1560
01:07:37,200 --> 01:07:40,280
Speaker 4: That's a fact. So I said to say, man, it's

1561
01:07:40,760 --> 01:07:45,760
Speaker 4: it's dope. So exactly what's in your your curriculum?

1562
01:07:46,160 --> 01:07:49,960
Speaker 7: Yeah, the play same thing everything I did. I documented

1563
01:07:50,000 --> 01:07:54,000
Speaker 7: this story, everything I just mentioned today. It's more visual

1564
01:07:54,080 --> 01:07:56,720
Speaker 7: because I have the pictures to prove it. I got

1565
01:07:56,800 --> 01:07:59,960
Speaker 7: to step by step, hold your hand, I got to receive.

1566
01:08:00,400 --> 01:08:02,680
Speaker 7: I got the excels. I'm really transparent. That's one of

1567
01:08:02,720 --> 01:08:06,760
Speaker 7: my other core values outside of resourcefulness. Transparency. I really

1568
01:08:07,400 --> 01:08:10,240
Speaker 7: And the reason why I'm so transparent because usually when

1569
01:08:10,240 --> 01:08:11,880
Speaker 7: I'm talking, I'm really animated people.

1570
01:08:12,000 --> 01:08:14,000
Speaker 6: Some people probably listen to me like, Yo, this dude

1571
01:08:14,080 --> 01:08:16,519
Speaker 6: is cap He's lying. Ain't no way he got thirty

1572
01:08:16,520 --> 01:08:19,280
Speaker 6: three cars in two weeks. Who I understand.

1573
01:08:19,400 --> 01:08:20,760
Speaker 7: Let me just show you because I can show you better.

1574
01:08:20,800 --> 01:08:22,720
Speaker 7: I can tell you so that's that allowed me to

1575
01:08:22,800 --> 01:08:25,040
Speaker 7: be more of a documentary. If I can be able

1576
01:08:25,080 --> 01:08:28,400
Speaker 7: to show seats, I got their seats, so I show

1577
01:08:28,439 --> 01:08:29,040
Speaker 7: those receipts.

1578
01:08:29,280 --> 01:08:30,959
Speaker 6: When I realized most people because.

1579
01:08:30,720 --> 01:08:33,080
Speaker 7: I didn't need a course, because I can't sit there

1580
01:08:33,120 --> 01:08:34,640
Speaker 7: and say you needed this course to be successful, I

1581
01:08:34,640 --> 01:08:36,920
Speaker 7: didn't take the course. What I can do is I

1582
01:08:36,960 --> 01:08:39,599
Speaker 7: can help expedict the process for you. What I can

1583
01:08:39,760 --> 01:08:41,800
Speaker 7: do is give you encouragement to hope. I think that's

1584
01:08:41,840 --> 01:08:45,440
Speaker 7: really what the value of the course is, community accountability

1585
01:08:45,720 --> 01:08:48,840
Speaker 7: and encouragement because a lot of people don't have didn't

1586
01:08:48,840 --> 01:08:50,679
Speaker 7: have the same belief system my day when I started.

1587
01:08:51,160 --> 01:08:53,439
Speaker 7: I believe that I can get fifty cars and have

1588
01:08:53,560 --> 01:08:56,599
Speaker 7: no issue, and you can't really teach that. So that's

1589
01:08:56,640 --> 01:08:59,200
Speaker 7: where the community aspect comes to. Community for me is

1590
01:08:59,640 --> 01:09:02,280
Speaker 7: common unity. So I want to gather all the people

1591
01:09:02,360 --> 01:09:06,280
Speaker 7: who want to turn those liabilities into assets together so

1592
01:09:06,360 --> 01:09:08,599
Speaker 7: we can be able to move farther together in this situation.

1593
01:09:08,880 --> 01:09:09,400
Speaker 6: That's the fact.

1594
01:09:09,520 --> 01:09:12,160
Speaker 4: So you know, in true Eyo fashion, you know, we

1595
01:09:12,320 --> 01:09:15,479
Speaker 4: bring all kinds of entrepreneurs on and like a lot

1596
01:09:15,520 --> 01:09:17,479
Speaker 4: of them have curriculums, whether it's MG the mortgage guy,

1597
01:09:17,560 --> 01:09:20,479
Speaker 4: whether it's him five hundred Wall Street Trapper, and we

1598
01:09:20,640 --> 01:09:22,719
Speaker 4: encourage that, you know, I love it. I get courses

1599
01:09:22,760 --> 01:09:24,439
Speaker 4: all the time. The craziest thing in the world was

1600
01:09:24,439 --> 01:09:26,080
Speaker 4: when Mark Cuban told me that he buys course. I

1601
01:09:26,120 --> 01:09:26,800
Speaker 4: don't know if you watched that.

1602
01:09:27,800 --> 01:09:29,519
Speaker 6: He was like, that was a crazy shout out.

1603
01:09:31,840 --> 01:09:32,560
Speaker 2: I appreciate that.

1604
01:09:33,080 --> 01:09:36,400
Speaker 6: Signed everything I've been saying, everybody tell me. It was

1605
01:09:36,479 --> 01:09:38,240
Speaker 6: so crazy. When he said, I'm like asking him, like,

1606
01:09:38,280 --> 01:09:39,920
Speaker 6: how many hours a day do you spend learning? He's

1607
01:09:39,960 --> 01:09:40,519
Speaker 6: like all day.

1608
01:09:40,880 --> 01:09:42,840
Speaker 4: He's like I buy I buy books, I buy da

1609
01:09:42,920 --> 01:09:44,920
Speaker 4: da da da, buy online courses and I'm like, you

1610
01:09:45,000 --> 01:09:45,200
Speaker 4: buy it.

1611
01:09:45,400 --> 01:09:46,800
Speaker 6: It's like, yeah, like I tap in.

1612
01:09:47,000 --> 01:09:49,560
Speaker 4: So I say that to say, you know, one of

1613
01:09:49,600 --> 01:09:51,919
Speaker 4: things that we always you know, try to encourage entrepreneurs

1614
01:09:51,960 --> 01:09:54,160
Speaker 4: when they come on the platform is to give a

1615
01:09:54,240 --> 01:09:58,120
Speaker 4: special offer that nobody else has, you know, especially the

1616
01:09:58,200 --> 01:10:03,640
Speaker 4: Eyo community, and that EJ obliged. So you set up

1617
01:10:03,640 --> 01:10:07,800
Speaker 4: a website. The website is car Rental Game eyl dot

1618
01:10:07,920 --> 01:10:11,559
Speaker 4: com and it's gonna be hundred five hundred dollars off

1619
01:10:12,200 --> 01:10:15,400
Speaker 4: of the course. And once again, the course teaches you

1620
01:10:15,560 --> 01:10:17,799
Speaker 4: everything you need to know to start a car rental business,

1621
01:10:18,040 --> 01:10:19,560
Speaker 4: whether you actually want to have a whole fleet of

1622
01:10:19,640 --> 01:10:21,120
Speaker 4: cars like he does, or whether you want to just

1623
01:10:21,160 --> 01:10:23,640
Speaker 4: supplement your income and do and do you know just

1624
01:10:23,720 --> 01:10:25,640
Speaker 4: the one car that you have, or whether you're trying to.

1625
01:10:26,160 --> 01:10:29,680
Speaker 6: Live like me and go from New York to LA

1626
01:10:29,800 --> 01:10:30,640
Speaker 6: or whatever your player is.

1627
01:10:30,720 --> 01:10:32,599
Speaker 4: That's the great thing about this whole car rental place

1628
01:10:33,120 --> 01:10:35,680
Speaker 4: space is that there's so many different plays for you.

1629
01:10:35,880 --> 01:10:38,920
Speaker 4: So if you're interested, you can go to car rental

1630
01:10:39,040 --> 01:10:43,439
Speaker 4: game e y L dot com for five hundred dollars off.

1631
01:10:43,520 --> 01:10:46,400
Speaker 4: That's exclusive. You're not gonna find that price serve else

1632
01:10:46,560 --> 01:10:48,880
Speaker 4: on the internet. It's the cheapest that you can possibly get.

1633
01:10:49,600 --> 01:10:51,759
Speaker 4: And yeah, if you're looking to invest in your education,

1634
01:10:51,880 --> 01:10:54,160
Speaker 4: you can take it from there. Maddy J has been

1635
01:10:54,240 --> 01:10:56,720
Speaker 4: a pleasure, my brother. What would you like to tell

1636
01:10:56,760 --> 01:10:58,680
Speaker 4: the people social media handles.

1637
01:10:58,320 --> 01:10:58,640
Speaker 2: All of that.

1638
01:10:59,120 --> 01:11:03,200
Speaker 7: Definitely I'm seeing J and I'm known as a digital

1639
01:11:03,400 --> 01:11:05,760
Speaker 7: real estate investor. Right A lot of times we get

1640
01:11:05,800 --> 01:11:09,200
Speaker 7: on social media or even when we buy website domains.

1641
01:11:09,560 --> 01:11:12,479
Speaker 7: Domain literally means you own territory on the world wide Web.

1642
01:11:13,040 --> 01:11:15,639
Speaker 7: So if you own territory on that worldwide Web, let's

1643
01:11:15,680 --> 01:11:21,400
Speaker 7: be landscapers, can contractors, let's be investors and buy, fix, flip,

1644
01:11:21,880 --> 01:11:25,519
Speaker 7: build different businesses on this worldwide web, so we can

1645
01:11:25,560 --> 01:11:27,960
Speaker 7: create assets that we can also pass down. We already

1646
01:11:28,000 --> 01:11:29,840
Speaker 7: know about the importance of real estate in the real world,

1647
01:11:29,920 --> 01:11:31,800
Speaker 7: same thing in the digital world. So you can find

1648
01:11:31,880 --> 01:11:36,439
Speaker 7: me on CEO medij, my Instagram handle Clubhouse, coo Maj,

1649
01:11:36,600 --> 01:11:38,280
Speaker 7: even my website ceomaj dot com.

1650
01:11:38,800 --> 01:11:43,800
Speaker 6: That digital real estate, like ben' that's crucial worldwide. Shout

1651
01:11:43,800 --> 01:11:47,240
Speaker 6: out to bw O everybody else. Shout out.

1652
01:11:48,760 --> 01:11:49,160
Speaker 2: The guys.

1653
01:11:49,320 --> 01:11:51,960
Speaker 6: Yeah, yeah, shout out to the guys man Troy Housekeeping item.

1654
01:11:52,000 --> 01:11:53,600
Speaker 2: Yeah. Shout to everybody on Patreon dot com.

1655
01:11:53,720 --> 01:11:56,519
Speaker 3: Y'all know that's ow proud to pay program to five members,

1656
01:11:57,040 --> 01:11:59,439
Speaker 3: you have access to e y L University, the number

1657
01:11:59,479 --> 01:12:03,040
Speaker 3: one place business, entrepreneurism and anything finance, number one in

1658
01:12:03,080 --> 01:12:05,160
Speaker 3: the world. Really, so shout to all the earners out

1659
01:12:05,200 --> 01:12:07,880
Speaker 3: of there and shout everybody that is supporting the merch.

1660
01:12:08,040 --> 01:12:10,720
Speaker 3: The e y L University merged the Assets of A

1661
01:12:10,800 --> 01:12:13,840
Speaker 3: liability shirts and we got that shot got them special

1662
01:12:13,880 --> 01:12:15,800
Speaker 3: sneakers man. Shout to shout out to the Assets of

1663
01:12:15,800 --> 01:12:17,880
Speaker 3: A liabilities. They call them the asset ones.

1664
01:12:18,000 --> 01:12:21,040
Speaker 6: I like that, I like I like that.

1665
01:12:21,600 --> 01:12:24,000
Speaker 2: I like that. Shout out to the asset Ones and uh.

1666
01:12:25,920 --> 01:12:26,479
Speaker 6: They released it.

1667
01:12:26,840 --> 01:12:34,680
Speaker 2: Check his speak. Yeah, shout and.

1668
01:12:36,240 --> 01:12:39,160
Speaker 6: Shut the bike everybody. You know what I'm saying. You know,

1669
01:12:39,200 --> 01:12:42,240
Speaker 6: what you guys are doing is really special. Appreciate I

1670
01:12:42,280 --> 01:12:42,840
Speaker 6: appreciate that.

1671
01:12:42,920 --> 01:12:44,000
Speaker 2: So we appreciate all y'all.

1672
01:12:44,000 --> 01:12:46,000
Speaker 4: Thank you, and shout out to Mattie too, because yeah,

1673
01:12:46,040 --> 01:12:49,599
Speaker 4: he not only does he do car rental, he's actually

1674
01:12:49,800 --> 01:12:52,759
Speaker 4: a renaissance man and he he created a whole curriculum

1675
01:12:52,880 --> 01:12:56,280
Speaker 4: on uh for how to make your online university. And

1676
01:12:56,439 --> 01:12:59,240
Speaker 4: of course you know we have e y L University.

1677
01:12:59,600 --> 01:13:02,040
Speaker 4: So when he was talking about the game on you know,

1678
01:13:02,160 --> 01:13:04,560
Speaker 4: how to actually what he said made a lot of

1679
01:13:04,640 --> 01:13:07,960
Speaker 4: sense was like, the model of education.

1680
01:13:09,080 --> 01:13:09,559
Speaker 6: Isn't bad.

1681
01:13:09,720 --> 01:13:12,479
Speaker 4: Isn't bad, it's the implementation of it, right, You talked

1682
01:13:12,479 --> 01:13:13,640
Speaker 4: about that a little bit before we leave.

1683
01:13:13,720 --> 01:13:14,880
Speaker 6: Yeah that was a bar.

1684
01:13:15,120 --> 01:13:19,160
Speaker 7: Yeah, it's because like a lot of us entrepreneurs, we

1685
01:13:19,360 --> 01:13:23,720
Speaker 7: pooh pooh on traditional schooling systems. What we're really poo

1686
01:13:23,760 --> 01:13:26,600
Speaker 7: pooing on is the curriculums. What they haven't been teaching us.

1687
01:13:26,880 --> 01:13:30,280
Speaker 7: The system in itself, it works. They have a grading system,

1688
01:13:30,360 --> 01:13:34,080
Speaker 7: accountability system, they have mascots to help with the.

1689
01:13:34,280 --> 01:13:40,560
Speaker 6: Feeling school spirit, school spirit. They have the orientation test, exams.

1690
01:13:40,760 --> 01:13:43,040
Speaker 7: All those things allow somebody to move from first grade

1691
01:13:43,080 --> 01:13:45,280
Speaker 7: to second grade, third grade, fourth and so on. But

1692
01:13:45,400 --> 01:13:47,439
Speaker 7: as soon as we graduated out of high school, we

1693
01:13:47,520 --> 01:13:48,479
Speaker 7: no longer had that system.

1694
01:13:48,720 --> 01:13:50,000
Speaker 6: If you can go to college, it's.

1695
01:13:49,880 --> 01:13:52,200
Speaker 7: More like freestyle. So we're all over the place freestyling.

1696
01:13:52,800 --> 01:13:56,400
Speaker 7: So nowadays we shouldn't poo poo on college system. We

1697
01:13:56,439 --> 01:13:58,160
Speaker 7: should just put who on a curriculum and that gives

1698
01:13:58,240 --> 01:14:00,400
Speaker 7: Like nineteen said, we shouldn't be complain and it gave

1699
01:14:00,479 --> 01:14:01,960
Speaker 7: us an opportunity to be able to teach it.

1700
01:14:02,360 --> 01:14:03,240
Speaker 6: So we should be happy.

1701
01:14:03,600 --> 01:14:06,400
Speaker 7: But the structure of colleges, the structure of high schools

1702
01:14:06,439 --> 01:14:08,600
Speaker 7: and school systems, still need to be in place. So

1703
01:14:08,720 --> 01:14:12,160
Speaker 7: for all us educators in the infotainment space or the

1704
01:14:12,520 --> 01:14:15,400
Speaker 7: entrepreneur space, we still need to model the things that

1705
01:14:15,479 --> 01:14:16,719
Speaker 7: allow colleges to exist.

1706
01:14:16,760 --> 01:14:21,160
Speaker 6: To this day, colleges are traditionally education is recession proof.

1707
01:14:22,479 --> 01:14:22,920
Speaker 2: Keep real.

1708
01:14:24,080 --> 01:14:25,320
Speaker 6: You can talk all you want about is.

1709
01:14:25,360 --> 01:14:26,840
Speaker 2: Go be here enfotainment.

1710
01:14:27,080 --> 01:14:27,760
Speaker 6: Now, that's the fact.

1711
01:14:27,800 --> 01:14:29,320
Speaker 4: When you said that, it was like we already had

1712
01:14:29,320 --> 01:14:31,559
Speaker 4: a lot of those systems in place, but even more

1713
01:14:31,840 --> 01:14:34,120
Speaker 4: And when you told me that and then you showed

1714
01:14:34,120 --> 01:14:36,360
Speaker 4: me the whole thing. I'm like, nah, this is definitely

1715
01:14:36,400 --> 01:14:38,360
Speaker 4: something that and we've actually implemented a lot of those

1716
01:14:38,360 --> 01:14:40,599
Speaker 4: things in the university. Like you said, I mean, it's

1717
01:14:40,640 --> 01:14:43,719
Speaker 4: already one hundred years old. You don't have to reinvent

1718
01:14:43,760 --> 01:14:47,439
Speaker 4: the wheel. You just have to actually take good. Everything

1719
01:14:47,479 --> 01:14:51,040
Speaker 4: has good and bad. You take the good, you spit

1720
01:14:51,120 --> 01:14:53,040
Speaker 4: out the bad, and then you put your your and

1721
01:14:53,120 --> 01:14:54,400
Speaker 4: now you just have a better product.

1722
01:14:54,479 --> 01:14:56,920
Speaker 6: Facts. So yeah, that was that was a.

1723
01:14:56,960 --> 01:15:02,320
Speaker 4: Gym for sure to god man. You know well Ryal University.

1724
01:15:02,360 --> 01:15:06,360
Speaker 4: Of course that's the premier premiss So yes, Mattie J.

1725
01:15:06,520 --> 01:15:09,000
Speaker 4: Once again, if you're interested in getting the exclusive of

1726
01:15:09,040 --> 01:15:13,600
Speaker 4: five hundred dollars off the Master Master program when it

1727
01:15:13,680 --> 01:15:16,559
Speaker 4: comes to starting a guitar business and getting your foot

1728
01:15:16,640 --> 01:15:20,360
Speaker 4: up and running, go to car Rental game e y

1729
01:15:20,520 --> 01:15:21,439
Speaker 4: L dot com.

1730
01:15:22,040 --> 01:15:23,720
Speaker 6: We'll see you on the other side. Thank you guys

1731
01:15:23,760 --> 01:15:25,559
Speaker 6: for rocking with us. We'll see you next week. Peace.

1732
01:15:25,680 --> 01:15:31,880
Speaker 5: Please, my graduates from my school being forced back drop

1733
01:15:32,520 --> 01:15:36,240
Speaker 5: bag Drop Mike drop back drop drop.

1734
01:15:46,920 --> 01:15:50,280
Speaker 8: With Robinhood, not only can you trade individual stocks and ETFs,

1735
01:15:50,520 --> 01:15:54,280
Speaker 8: you can also seamlessly buy and sell crypto at low costs,

1736
01:15:54,600 --> 01:15:57,960
Speaker 8: trade all in one place, Get started now on robin

1737
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Speaker 8: Hood Trading Crypto and all significant risk Crypto Trading is

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Speaker 8: offered through an account with the Robert Hood Crypto LC.

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Speaker 8: Robinhoon Crypto is licensed to engage in virtual currency business

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Speaker 8: activity by the New York State Department of Financial Services.

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Speaker 8: Crypto held thro robin Hood Cryptos not FDSC insured or

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Speaker 8: SIPC protected. Investing involves risk, including laws of principle Securities.

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Speaker 8: Trading is offered through an account with robin Hood Financial

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Speaker 8: LLC Member SIPC, a registered broker dealer