WEBVTT - EYL #146 Make a Fortune on Turo & Car Rentals

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

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<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

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<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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

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<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

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<v Speaker 1>crossings are at the lowest levels ever recorded, and over

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<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

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<v Speaker 1>are here illegally, your next you will be fined nearly

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<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

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<v Speaker 1>never return. But if you register using our CBP home

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<v Speaker 1>app and leave now, you could be allowed to return legally.

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

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<v Speaker 1>border and families will.

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<v Speaker 2>Be protected sponsored by the United States Department of Homeland Security.

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<v Speaker 2>You know, make no mistake. I started out just like

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<v Speaker 2>many of you will. None of five worker at your

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<v Speaker 2>school right behind me.

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<v Speaker 3>This is the where it all started for me. But

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<v Speaker 3>I learned skills over the years, and I want you

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<v Speaker 3>to learn some too. I want you to learn how

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<v Speaker 3>to become a financially free I want you to set

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<v Speaker 3>a legacy to your family. I want you to build

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<v Speaker 3>generational wealth. You can do all that and more.

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<v Speaker 2>Chet out invest Fest Wife buck Earns what's going on.

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<v Speaker 3>Traditional universities are outdated and don't teach you how to

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<v Speaker 3>become an entrepreneur.

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<v Speaker 2>They just teach you how to become an employee.

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<v Speaker 4>You go to school for four years and you leave

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<v Speaker 4>with nothing but debt. But here I eyl University. Our

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<v Speaker 4>curriculum is much different.

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<v Speaker 3>Our university teaches you real world skills that you can

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<v Speaker 3>use to gain financial freedom right away. In traditional universities,

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<v Speaker 3>you learn from professors that have never did what they teach,

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<v Speaker 3>and they teach you how to become an employee. At

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<v Speaker 3>our university, we use instructors that are currently successful in

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<v Speaker 3>specific field that they teach, and they teach you how

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<v Speaker 3>to become an entrepreneur.

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<v Speaker 4>For a limited time only, you can join EYL University

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<v Speaker 4>for twenty five percent off of the annual membership. Learn

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<v Speaker 4>about stocks, credit, real estate, crypto.

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<v Speaker 2>And more.

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<v Speaker 4>Go to eyl university dot com right now and sign

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<v Speaker 4>up to become an earner.

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<v Speaker 2>Don't wait, don't hesitate it over there.

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<v Speaker 5>Now my graduates from my school being forced back.

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<v Speaker 6>Drop bag drop, Mike, drop back, drop drop.

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<v Speaker 4>All right, guys, welcome back eyl this Atlanta edition Marathon

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<v Speaker 4>Atlanta on a whole tour.

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<v Speaker 6>That's a fact. That's a fact. Heavy and a man.

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<v Speaker 4>This is a highly anticipated It's one of those episodes

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<v Speaker 4>that has been building momentum for a while, but nothing

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<v Speaker 4>happens before it's supposed to happen.

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

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<v Speaker 4>If you've been, if you've been on Clubhouse, we borrowed him,

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<v Speaker 4>you probably got Clubhouse going on his phone right now.

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<v Speaker 2>Somebody's doing his Clubhouse somewhere.

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<v Speaker 6>It's showing that, it's showing that he's still active on their.

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<v Speaker 2>House as possible.

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<v Speaker 6>Ya, this dude Clubhouse Champion.

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

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<v Speaker 4>know what it's like.

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<v Speaker 6>I didn't.

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<v Speaker 4>I heard about him for a while and I saw

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<v Speaker 4>on social media, but I had never tapped in with it.

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<v Speaker 4>I never spoke to him, and the first time I

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<v Speaker 4>really started to engage with him was on Clubhouse a

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<v Speaker 4>few weeks ago and I realized, like, yo, he actually

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<v Speaker 4>is a really really smart dude, Like actually I hit

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<v Speaker 4>him one time off clubhouse, Like, yo, bro, I need

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<v Speaker 4>to play for this, Like Yo, he's he's he's a

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<v Speaker 4>very very smart guy man. And he does a variety

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<v Speaker 4>of different things. But I think one of he's probably

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<v Speaker 4>known for the most is the car business. Yeah, really

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<v Speaker 4>really like to row on steroids like everything, like you

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<v Speaker 4>know what I'm saying as far as how to actually

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<v Speaker 4>monetize the car game and how to you know, have

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<v Speaker 4>your own pretty much car rental business, and how to

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<v Speaker 4>make money from vehicles and things of that nature, and

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<v Speaker 4>it's just so many different hacks and tricks and it's

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<v Speaker 4>it's really outrageous.

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<v Speaker 3>Kind of this is this is one of the episodes.

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<v Speaker 3>He has forty forty eight cars, Yes, sir, So last

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<v Speaker 3>time I heard that was maybe Mike Tyson a baby

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<v Speaker 3>maybe had like fifty was to catch money early days.

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<v Speaker 2>Yeah, but I got fit the call man.

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<v Speaker 4>But it's done a little bit differently than act. So

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<v Speaker 4>we will talk about that. But first and foremost, Maddie J,

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<v Speaker 4>thank you for joining us.

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<v Speaker 6>Appreciate it.

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<v Speaker 7>Blessings, blessings, blessed to give all thanks and praise the

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<v Speaker 7>guy lo he for for this situation to come to fruition.

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<v Speaker 2>You know what I'm saying.

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<v Speaker 6>I'm ready to share my experience and crate of impact.

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<v Speaker 2>You know what I'm saying.

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

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<v Speaker 4>into the meat and potatoes of it, how did you

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<v Speaker 4>become the car king of it?

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<v Speaker 6>How did this?

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<v Speaker 4>You're an interesting guy that you used to throw parties.

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<v Speaker 4>You got a whole lot of different background stories. How

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<v Speaker 4>did you get to this point?

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<v Speaker 2>Now?

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<v Speaker 7>First off, I have forty eight cars now, but it

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<v Speaker 7>always started off with one, so I think it's very

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<v Speaker 7>important to establish that. But it was organically because, as

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<v Speaker 7>you guys know, the Touro platform allows you to just

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<v Speaker 7>upload the picture of your car, price it, and then

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<v Speaker 7>people that's in the market looking for rental they can

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<v Speaker 7>pay whatever price you listed for to get the keys.

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<v Speaker 7>So I actually had an underutilized car, my Tesla Models

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<v Speaker 7>I lived in. I live in lad Station and I

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<v Speaker 7>barely got a chance to drive my car. So everywhere

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<v Speaker 7>Captain one gave me my loan. My loan monthly note

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<v Speaker 7>was like nine hundred dollars a month. I'm paying nine

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<v Speaker 7>hundred dollars a month for a car that I'm barely driving.

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<v Speaker 7>So I have to ask myself, okay, I can keep

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<v Speaker 7>paying this nine hundred dollars for no reason, or I

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<v Speaker 7>could figure out a way to turn this liability on

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

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

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<v Speaker 7>called relay Rise. So shout out to Jacobe for putting

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<v Speaker 7>me onto that one. So I did my research, listened

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<v Speaker 7>to my car. Same day it got books for one

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<v Speaker 7>hundred and fifty dollars.

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

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<v Speaker 6>it was called relay Rise.

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<v Speaker 2>Yeah.

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<v Speaker 7>So I actually saw the example from him first is

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<v Speaker 7>he had a car that he had on there and

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

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<v Speaker 7>He'll run downstairs. He said, I got to get my

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<v Speaker 7>keys to somebody. I was like, why you gotta get

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<v Speaker 7>a keys to somebody? I got a runner, Like you

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<v Speaker 7>got a runner?

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<v Speaker 6>What you mean you got a runner?

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<v Speaker 2>Yeah?

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<v Speaker 7>This website called relay Rides, and I got somebody renting

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<v Speaker 7>my car for the day.

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<v Speaker 6>Blew my mind.

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<v Speaker 7>But I never tapped into it because I never needed

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<v Speaker 7>to use it until I keep the Sabbath day on Saturdays.

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

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<v Speaker 7>I can rent my cars on Saturday. Allow the renners

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<v Speaker 7>to pay my car.

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<v Speaker 3>Note.

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<v Speaker 7>I ended up making two hundred and two way twenty

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<v Speaker 7>six hundred dollars that month profit renting out my car

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<v Speaker 7>on that specific platform called Turo Crucial.

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<v Speaker 6>So that was that was the beginning, That was theirs.

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<v Speaker 6>What what I'm saying, yeah, what yeah? Was that. This

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<v Speaker 6>was twenty seventeen going to eighteen. So when did Toro

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

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<v Speaker 6>I probably squeauld look it up.

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

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<v Speaker 7>actual name change, Yeah, like the name change. I got

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<v Speaker 7>on when it was already changed. I didn't know it

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

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<v Speaker 7>this was relay Rise, so probably was around sixteen fifteen

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<v Speaker 7>sixteen maybe.

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<v Speaker 2>So this is like the Airbnb for cars at the

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<v Speaker 2>tixactly what it is.

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<v Speaker 4>Yeah, because let's just back of a little further because

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<v Speaker 4>people might every I don't think Toro's even legal in

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<v Speaker 4>New York, is it?

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<v Speaker 2>I don't think laughing because we can't do it. We

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<v Speaker 2>can't run.

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<v Speaker 6>It's one of those things where some people still might

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<v Speaker 6>not even know what Toro is. In fact, what exactly

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<v Speaker 6>is Toro?

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<v Speaker 7>Like King said, Troy, you said that on a hit

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<v Speaker 7>it on nail. It's the Airbnb for cars. Put your

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<v Speaker 7>car on there, whether it's your car, your homies car,

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<v Speaker 7>your sister's car, you get throw it on there and

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<v Speaker 7>run it out to these people on this peer to

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<v Speaker 7>peer platform.

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<v Speaker 6>Crucial and that ain't crucial.

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<v Speaker 4>It's one of these things that's extremely like for me

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

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<v Speaker 4>Everybody's trying to convince me not to move to LA.

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<v Speaker 4>But I'm still I'm still have a place in New York.

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<v Speaker 4>So in my brain, I'm like, you need a car

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<v Speaker 4>in LA. Sure, I already have a car in New York.

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<v Speaker 4>So I can have a car in LA, have a

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<v Speaker 4>car in New York, put the cars on Toro when

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

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<v Speaker 4>I'm not even paying for the car at that point,

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

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<v Speaker 4>becomes like an Airbnb situation.

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<v Speaker 2>But we're gonna need New York to change some rules.

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

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<v Speaker 7>New York run New Jersey. I know from when I

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<v Speaker 7>heard in New Jersey like thirty minutes away.

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<v Speaker 6>Yeah, we're close. We're close.

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<v Speaker 7>It's yes, that same play. It's crucial because the producer

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<v Speaker 7>Michael Brian Cox.

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<v Speaker 6>Yeah, we just ran into him yesterday. Shout out to him.

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<v Speaker 6>R and B only shotut to Alex. Yeah. Through clubhouse.

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<v Speaker 6>He found out I was the two ro plug.

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<v Speaker 7>He reached out to him, pulled up to pulled up

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<v Speaker 7>on me in my office and he said, Yo, man,

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<v Speaker 7>when I come into Atlanta, I got my spot in

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<v Speaker 7>LA I don't need a rent a car, run out

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

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<v Speaker 7>and when I'm in the city, I get my car

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<v Speaker 7>and it's paying for itself.

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<v Speaker 6>So I said, yeah, that's definitely a play.

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<v Speaker 7>So we basically talked about how he can do it,

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<v Speaker 7>what car, to get word about the car, all those

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<v Speaker 7>good stuff, so he.

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

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<v Speaker 2>At in LA.

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<v Speaker 3>So is it similar in a way like an Aaron

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<v Speaker 3>BnB when you rent out your place like you're a

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<v Speaker 3>host and you get ratings and all that same thing.

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<v Speaker 6>Super Host, All Star Review, same exact.

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<v Speaker 2>Place, depending on the car.

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<v Speaker 3>So if I got a if I got a Lamborghini, right,

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<v Speaker 3>does that automatically put me in a different tier than

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<v Speaker 3>somebody has a camera?

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<v Speaker 6>You know, they got the deluxe edition.

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<v Speaker 7>So if you put up a car that's usually like

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<v Speaker 7>ninety thousand and above, they have like a deluxe edition

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<v Speaker 7>and they have different insurance packages for those because they

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<v Speaker 7>got to protect protect that asset for not just for

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<v Speaker 7>the host, but also for Touro to make sure that

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<v Speaker 7>just some random twenty year old can just book a

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<v Speaker 7>car for two hundred dollars a day without the proper insurance.

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<v Speaker 4>It's crazy too because it's also I'm learning so much

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<v Speaker 4>from the different people that we interview and shout out

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<v Speaker 4>the credit.

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<v Speaker 6>Dude, he told us about lease.

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<v Speaker 4>Swap swap LEAs swap lease. That's like, dude, he's out

0:10:25.200 --> 0:10:28.360
<v Speaker 4>of Jersey, he's with dj MV, but he told us

0:10:28.360 --> 0:10:31.400
<v Speaker 4>about swap lease and correct me if I'm wrong. That's

0:10:31.400 --> 0:10:34.480
<v Speaker 4>a situation where you can actually take over somebody's lease,

0:10:35.000 --> 0:10:36.920
<v Speaker 4>Like if somebody's down on their luck. They brought a

0:10:37.400 --> 0:10:41.000
<v Speaker 4>lamb ricky, and it's like the recession hit and they

0:10:41.080 --> 0:10:42.880
<v Speaker 4>had of work and now they got to get it off.

0:10:43.240 --> 0:10:46.640
<v Speaker 4>You can take over somebody's lease, no no down payment,

0:10:46.840 --> 0:10:49.439
<v Speaker 4>and you can probably get a way better deal because

0:10:49.440 --> 0:10:52.880
<v Speaker 4>they scrambling. It's like a it's like a distressed seller

0:10:52.920 --> 0:10:55.680
<v Speaker 4>of a property, exactly same thing in real estate. And

0:10:55.720 --> 0:10:57.520
<v Speaker 4>then you can put that on to yep.

0:11:00.480 --> 0:11:02.880
<v Speaker 6>Right, you don't need to drive it. Okay, you can't

0:11:02.880 --> 0:11:04.640
<v Speaker 6>make your paper. It's cool. I'm gonna tell you somebody

0:11:04.679 --> 0:11:11.160
<v Speaker 6>else to make he make some money in between. So

0:11:11.320 --> 0:11:12.640
<v Speaker 6>with the toy, do you do you have to own

0:11:12.640 --> 0:11:13.840
<v Speaker 6>the car? Can you lease the car?

0:11:14.000 --> 0:11:17.320
<v Speaker 7>Or if you have, if you have the right to

0:11:17.400 --> 0:11:19.760
<v Speaker 7>have that keys to that vehicle. I'm not saying go

0:11:19.880 --> 0:11:24.599
<v Speaker 7>to enterprise. I'm saying that, say you own it or

0:11:24.600 --> 0:11:27.440
<v Speaker 7>at least it, yeah, or finance whatever case may be.

0:11:27.600 --> 0:11:30.720
<v Speaker 6>Right, most people financing. So I can just give an example.

0:11:30.800 --> 0:11:33.400
<v Speaker 7>So if my brother goes to he's an active duty

0:11:33.400 --> 0:11:36.600
<v Speaker 7>and he goes to Germany or South Korea to do

0:11:36.640 --> 0:11:39.200
<v Speaker 7>his active duty, his car's just sitting at home doing

0:11:39.240 --> 0:11:41.960
<v Speaker 7>nothing right now, So I can do a deal with

0:11:42.000 --> 0:11:44.240
<v Speaker 7>my brother to say, yo, in start your car. Just

0:11:44.240 --> 0:11:46.920
<v Speaker 7>sitting here doing nothing. Let's do a repshair deal fifty

0:11:46.960 --> 0:11:48.920
<v Speaker 7>to fifty eighty twenty, whatever case may be. So I

0:11:48.920 --> 0:11:50.760
<v Speaker 7>can manage your car for you and have it rented out,

0:11:50.920 --> 0:11:52.800
<v Speaker 7>so you can not only make money, but your car

0:11:52.840 --> 0:11:54.120
<v Speaker 7>ain't just sitting here collecting dust.

0:11:54.520 --> 0:11:56.560
<v Speaker 6>So those are the opportunities that come from those situations.

0:11:56.600 --> 0:11:59.040
<v Speaker 3>And you say, depending upon the age or the experience

0:11:59.040 --> 0:12:00.839
<v Speaker 3>of the driver, the insurance changes.

0:12:01.400 --> 0:12:02.600
<v Speaker 2>So what's what's the type of premium?

0:12:02.840 --> 0:12:04.880
<v Speaker 6>So yeah, so touro specific that platform.

0:12:04.960 --> 0:12:06.600
<v Speaker 7>I'm in the car renal space, so I don't just

0:12:06.679 --> 0:12:11.719
<v Speaker 7>leverage this tour, I use get higher higher car personal bookings.

0:12:11.800 --> 0:12:14.560
<v Speaker 6>Like just there's a bunch of different webs so many platforms,

0:12:14.559 --> 0:12:15.640
<v Speaker 6>so many fetch truck.

0:12:15.720 --> 0:12:17.800
<v Speaker 7>Like if you got trucks and you want to rent

0:12:17.800 --> 0:12:19.760
<v Speaker 7>out your trucks, the little drivers who don't have their car,

0:12:19.840 --> 0:12:20.679
<v Speaker 7>their cars down for.

0:12:20.640 --> 0:12:22.880
<v Speaker 6>It, you can rent them on that kind of trucks.

0:12:23.080 --> 0:12:24.520
<v Speaker 6>Pickup trucks, pickup truck.

0:12:24.320 --> 0:12:27.760
<v Speaker 7>Yeah, pickup trucks, commercial trucks, box trucks.

0:12:28.000 --> 0:12:29.040
<v Speaker 6>Yeah, things of that nature.

0:12:30.240 --> 0:12:32.760
<v Speaker 7>But yeah, so as far as the opportunities that exist,

0:12:32.880 --> 0:12:34.760
<v Speaker 7>my job, as somebody who's in this space is to

0:12:34.800 --> 0:12:38.040
<v Speaker 7>present all the opportunities and if it fits your circumstances,

0:12:38.400 --> 0:12:39.360
<v Speaker 7>you have a way to make some.

0:12:39.360 --> 0:12:43.160
<v Speaker 6>Income and turn that liability into an asset. So let

0:12:43.200 --> 0:12:43.800
<v Speaker 6>me ask you this.

0:12:44.080 --> 0:12:48.040
<v Speaker 4>You said, how they never missed even how to never

0:12:48.040 --> 0:12:50.400
<v Speaker 4>miss a car payment even again, even if you lose

0:12:50.440 --> 0:12:53.000
<v Speaker 4>your job? Yeah, yeah, all right, I'm sure a lot

0:12:53.040 --> 0:12:53.920
<v Speaker 4>of people are interesting.

0:12:54.320 --> 0:12:56.760
<v Speaker 6>How yeah, how to never miss a payment even if

0:12:56.800 --> 0:12:57.400
<v Speaker 6>you lose a job.

0:12:57.400 --> 0:12:59.400
<v Speaker 7>Because that's the biggest thing. Because a lot of people

0:12:59.440 --> 0:13:02.440
<v Speaker 7>get these cars. They have a fixed income. So if

0:13:02.480 --> 0:13:05.800
<v Speaker 7>they lose their job, there wasn no, there's no wigger room,

0:13:05.840 --> 0:13:08.719
<v Speaker 7>especially if you live in to paycheck. So what ends

0:13:08.800 --> 0:13:11.439
<v Speaker 7>up happening is this The first thing they look at

0:13:11.520 --> 0:13:15.880
<v Speaker 7>is dang, I got my my mortgage, on my rent,

0:13:16.080 --> 0:13:17.920
<v Speaker 7>on my car. Noal, those are the three biggest suspense

0:13:18.000 --> 0:13:20.640
<v Speaker 7>or two biggest dispenses that they're looking at if they're

0:13:20.640 --> 0:13:22.160
<v Speaker 7>not driving a car like right now the pandemic most

0:13:22.200 --> 0:13:23.800
<v Speaker 7>people are working from home. Now, now your car is

0:13:23.840 --> 0:13:26.080
<v Speaker 7>definitely being under you lost. You're not driving your car

0:13:26.120 --> 0:13:28.360
<v Speaker 7>like you used to. So you got a couple options

0:13:28.559 --> 0:13:31.480
<v Speaker 7>of dang, do I let my long gone default and

0:13:31.480 --> 0:13:34.320
<v Speaker 7>they just rebolt my car? Or now can you tap

0:13:34.360 --> 0:13:36.439
<v Speaker 7>into this opportunity. Just have your car renting out to

0:13:36.440 --> 0:13:38.960
<v Speaker 7>somebody who actually is going to use their car. For example,

0:13:39.040 --> 0:13:46.080
<v Speaker 7>during the pandemic, you know what business skyrocketed. Grocery delivery, overeats, hub,

0:13:46.200 --> 0:13:50.319
<v Speaker 7>gub Hub, Postmates, all these things skyrocketed. And the people

0:13:50.320 --> 0:13:52.840
<v Speaker 7>who didn't have cars to tap into that hustle can

0:13:52.920 --> 0:13:54.640
<v Speaker 7>now rent a car from you to be able to

0:13:54.640 --> 0:13:55.400
<v Speaker 7>tap in that hustle.

0:13:55.640 --> 0:13:56.640
<v Speaker 6>So I'm even teaching my.

0:13:56.600 --> 0:13:59.800
<v Speaker 7>Students that, Look, if you get a Hondai Sonata, go

0:13:59.840 --> 0:14:02.679
<v Speaker 7>far Fin asked one your car notes fault three hundred

0:14:02.679 --> 0:14:04.880
<v Speaker 7>dollars a month, you could find somebody on the platform

0:14:04.920 --> 0:14:07.400
<v Speaker 7>called a higher car to pay you three hundred dollars

0:14:07.440 --> 0:14:10.240
<v Speaker 7>a week to use your car for their business on

0:14:10.400 --> 0:14:13.960
<v Speaker 7>Postmas and gethub and grab hub and thinks like that

0:14:14.080 --> 0:14:17.959
<v Speaker 7>nature crucial play. Even if your friend your cousin doesn't

0:14:17.960 --> 0:14:19.720
<v Speaker 7>have a job, you can propose to them, Hey, if

0:14:19.760 --> 0:14:21.560
<v Speaker 7>you don't have a job right now, you can do

0:14:21.680 --> 0:14:23.160
<v Speaker 7>delivery for Postmas.

0:14:23.200 --> 0:14:24.640
<v Speaker 6>They'll say, well, I don't have a car, don't worry

0:14:24.640 --> 0:14:25.720
<v Speaker 6>about that. I'll rent you a car.

0:14:26.200 --> 0:14:28.240
<v Speaker 7>Right In a situation like that, And even if it's

0:14:28.240 --> 0:14:30.520
<v Speaker 7>not your car, you can find somebody else's car to

0:14:30.560 --> 0:14:32.720
<v Speaker 7>be able to rent as long as they know in

0:14:32.560 --> 0:14:33.600
<v Speaker 7>the in the agreements there.

0:14:34.080 --> 0:14:36.280
<v Speaker 2>So you said you got forty eight cars. Yeah, but

0:14:36.360 --> 0:14:37.600
<v Speaker 2>I know the legendary stories.

0:14:37.640 --> 0:14:42.080
<v Speaker 3>You had thirty three in two weeks weeks. I probably

0:14:42.080 --> 0:14:45.240
<v Speaker 3>had five in my entire life. How does this happen?

0:14:46.800 --> 0:14:49.120
<v Speaker 6>It was It was a transition process.

0:14:49.160 --> 0:14:51.520
<v Speaker 7>So of course it started off with one my Tesla

0:14:51.560 --> 0:14:54.360
<v Speaker 7>model as the numbers were amazing. Like I said, I

0:14:54.440 --> 0:14:57.600
<v Speaker 7>made twenty six hundred dollars profit off of one car.

0:14:57.640 --> 0:15:01.000
<v Speaker 7>I said, okay, as a hustler, you know, making this

0:15:01.120 --> 0:15:03.440
<v Speaker 7>much money for one car, I just need a double up,

0:15:03.720 --> 0:15:07.520
<v Speaker 7>triple up. So I went from one to three my Maserati.

0:15:07.600 --> 0:15:11.040
<v Speaker 7>I went to gravity Audos in Atlanta, Georgia. I got

0:15:11.080 --> 0:15:14.680
<v Speaker 7>a Maserati Ghibli. This is a thirty thousand dollars car.

0:15:15.280 --> 0:15:17.080
<v Speaker 7>It was MSRP eighty thousand.

0:15:17.760 --> 0:15:20.360
<v Speaker 3>I'm thinking, like, yo, Masarai, I know that car. Craze

0:15:20.640 --> 0:15:23.120
<v Speaker 3>thirty is like damaged.

0:15:24.480 --> 0:15:27.720
<v Speaker 7>Get another depreciation on Mazarat. People don't know this, people

0:15:27.720 --> 0:15:30.080
<v Speaker 7>don't know this at all, brand new. This car is

0:15:30.120 --> 0:15:34.880
<v Speaker 7>eighty thousand dollars. Two years later, just two years, just

0:15:34.920 --> 0:15:37.400
<v Speaker 7>throw ten thousand miles seventeen thousand dollars, it drops all

0:15:37.400 --> 0:15:40.400
<v Speaker 7>the way down to thirty thousand. The depreciation on this

0:15:40.480 --> 0:15:43.840
<v Speaker 7>car is crazy crazy. That's a good look for me

0:15:43.920 --> 0:15:47.720
<v Speaker 7>because people still precede this cars Maserati. They're gonna pay

0:15:47.720 --> 0:15:49.960
<v Speaker 7>anywhere from one hundred to four hundred dollars a day

0:15:50.000 --> 0:15:51.920
<v Speaker 7>for this car right a day.

0:15:52.400 --> 0:15:52.800
<v Speaker 6>The car no.

0:15:52.920 --> 0:15:56.760
<v Speaker 7>Was probably only five hundred hundred dollars from Masarati. Once

0:15:56.800 --> 0:15:58.560
<v Speaker 7>I found that out, also, okay, that's gonna be the

0:15:58.600 --> 0:16:00.680
<v Speaker 7>one of the top performers. So I made sure I

0:16:00.680 --> 0:16:02.560
<v Speaker 7>had a Maserati and I made sure I had a

0:16:02.560 --> 0:16:03.640
<v Speaker 7>MERCEDESI three hundred.

0:16:04.000 --> 0:16:05.320
<v Speaker 6>Those two cars really did well.

0:16:05.840 --> 0:16:07.680
<v Speaker 7>But the issue was I end up doing a personal

0:16:07.680 --> 0:16:10.400
<v Speaker 7>booking in my Maserati and ended up getting totaled out

0:16:11.200 --> 0:16:11.800
<v Speaker 7>the insurance.

0:16:11.840 --> 0:16:13.400
<v Speaker 6>Luckily, my car's protected.

0:16:13.680 --> 0:16:16.200
<v Speaker 7>When I do personal bookings, I make sure that they

0:16:16.280 --> 0:16:18.800
<v Speaker 7>have insurance so if they do anything else it doesn't

0:16:18.840 --> 0:16:21.040
<v Speaker 7>hit my insurance. I don't worry about it. They paid

0:16:21.040 --> 0:16:22.880
<v Speaker 7>it out. They paid me out. But now I have

0:16:23.040 --> 0:16:27.320
<v Speaker 7>a paid off car on my credit history, paid off car.

0:16:28.040 --> 0:16:30.120
<v Speaker 7>It was a good situation. All I gotta do is

0:16:30.200 --> 0:16:31.640
<v Speaker 7>now I just get another car. So that's why I

0:16:31.640 --> 0:16:34.080
<v Speaker 7>did I end up getting a Corvette instead, though got

0:16:34.080 --> 0:16:37.480
<v Speaker 7>my Corvette. Long story short, everybody knows the story. Corvette

0:16:37.480 --> 0:16:40.320
<v Speaker 7>got stolen, Corvette got stolen.

0:16:40.440 --> 0:16:41.280
<v Speaker 6>Now back to one.

0:16:41.960 --> 0:16:44.320
<v Speaker 7>But now, since I bought so many cars, I know

0:16:44.400 --> 0:16:48.000
<v Speaker 7>the process of buying cars now dealerships and the process

0:16:48.080 --> 0:16:51.480
<v Speaker 7>of showing them your credit. I realized that when you

0:16:51.520 --> 0:16:54.720
<v Speaker 7>go into these dealerships, right, people know this now that

0:16:54.720 --> 0:16:57.080
<v Speaker 7>they pull your credit report and then they send your

0:16:57.080 --> 0:17:00.000
<v Speaker 7>credit report to all their different lenders, all of them,

0:17:00.080 --> 0:17:03.200
<v Speaker 7>so Bank America, Chase, Wells, Fargo, be it, all of

0:17:03.240 --> 0:17:06.960
<v Speaker 7>them get the same report. So I realized, if they're

0:17:06.960 --> 0:17:08.960
<v Speaker 7>sending my report to all these different lenders, all I

0:17:09.000 --> 0:17:11.440
<v Speaker 7>have to do is go from Ford, get a car

0:17:11.480 --> 0:17:14.800
<v Speaker 7>from Ford. So I'll tell Ford finance manager a salesperson,

0:17:15.200 --> 0:17:17.920
<v Speaker 7>please don't send my credit report to all these different lenders.

0:17:18.160 --> 0:17:20.840
<v Speaker 7>Just send it to Ford, right, and then Ford we'll

0:17:20.840 --> 0:17:23.280
<v Speaker 7>see how amazing my credit score is, my credit report is,

0:17:23.320 --> 0:17:25.840
<v Speaker 7>and say, oh, how many cars you want, two, three, four,

0:17:25.960 --> 0:17:28.040
<v Speaker 7>whatever I want because my credits for when.

0:17:27.880 --> 0:17:29.359
<v Speaker 3>You're walking in the dealership, you're like, I'm trying to

0:17:29.359 --> 0:17:31.000
<v Speaker 3>get four cars. Yeah, that's different.

0:17:32.560 --> 0:17:34.600
<v Speaker 7>I know what coming is it's not a liability no more,

0:17:34.640 --> 0:17:36.480
<v Speaker 7>it's an asset. So the more assets I can have,

0:17:36.520 --> 0:17:38.200
<v Speaker 7>the more income I can bring in. The cash flow

0:17:38.280 --> 0:17:40.119
<v Speaker 7>you bring in like a team with you because that's me.

0:17:40.200 --> 0:17:42.000
<v Speaker 7>So so how you getting four cars off?

0:17:42.040 --> 0:17:42.280
<v Speaker 6>Then?

0:17:42.520 --> 0:17:45.440
<v Speaker 7>So I tell them I'm transferrent with the with the salesperson. Look,

0:17:45.680 --> 0:17:48.399
<v Speaker 7>I rent cars and I need this play to be

0:17:48.480 --> 0:17:52.560
<v Speaker 7>done correctly. When I give you this report, please please,

0:17:52.640 --> 0:17:53.879
<v Speaker 7>cause their job at the end of they is to

0:17:53.920 --> 0:17:54.320
<v Speaker 7>sell a car.

0:17:54.920 --> 0:17:57.440
<v Speaker 6>Typically they have to shotgun the terminology.

0:17:57.480 --> 0:18:00.840
<v Speaker 7>Shotgun shotgun your credit app to all these banks because

0:18:01.000 --> 0:18:02.480
<v Speaker 7>they want to make sure that you either get the

0:18:02.600 --> 0:18:05.480
<v Speaker 7>right interest rate or just in case it gets denied

0:18:05.520 --> 0:18:07.360
<v Speaker 7>from here, you'll get approved over here.

0:18:07.440 --> 0:18:08.920
<v Speaker 6>But I was getting improved by everybody.

0:18:09.359 --> 0:18:12.240
<v Speaker 7>So instead of trying to have my credits report since

0:18:12.240 --> 0:18:15.159
<v Speaker 7>to everybody, send it one cool get my cars. I

0:18:15.200 --> 0:18:17.560
<v Speaker 7>go across the street, because you know there's there's car

0:18:17.640 --> 0:18:20.400
<v Speaker 7>dealership strips. Go across the street. Do the same thing.

0:18:20.840 --> 0:18:23.480
<v Speaker 7>To Mercedes. Mercedes will run it. What car you want?

0:18:23.680 --> 0:18:26.400
<v Speaker 7>Get the car I want. I go to Chevy get

0:18:26.440 --> 0:18:29.399
<v Speaker 7>my Corvette. I go to Maserati, get my Maserati. I

0:18:29.440 --> 0:18:30.920
<v Speaker 7>go to all these dealerships and just run the same

0:18:30.960 --> 0:18:31.680
<v Speaker 7>play over and over.

0:18:32.359 --> 0:18:34.040
<v Speaker 6>That's how I got thirty three cars. So you had

0:18:34.040 --> 0:18:38.040
<v Speaker 6>thirty three cars in one week, you finance leased them.

0:18:38.040 --> 0:18:41.360
<v Speaker 7>Have finance. I leveraged my credit. Somebody will say, why

0:18:41.359 --> 0:18:44.200
<v Speaker 7>would you over leverage it. I had a business structure.

0:18:44.240 --> 0:18:47.800
<v Speaker 7>I'm really big on documentary processing, create structures and SOPs.

0:18:48.160 --> 0:18:50.200
<v Speaker 7>So based on the three cars I was managing, I

0:18:50.280 --> 0:18:54.000
<v Speaker 7>knew how to scale it, right, So I leverage my

0:18:54.040 --> 0:18:55.199
<v Speaker 7>credit to be able to do so.

0:18:55.760 --> 0:18:57.600
<v Speaker 6>Our credit was good enough to not have a down payment.

0:18:57.600 --> 0:18:59.359
<v Speaker 7>I didn't need down payment, so I just get in

0:18:59.400 --> 0:19:01.399
<v Speaker 7>these pick up these cars, right, So I was just

0:19:01.400 --> 0:19:03.119
<v Speaker 7>picking up these cars. There's actually one car I had

0:19:03.119 --> 0:19:04.880
<v Speaker 7>to put down payment on, but that was a little

0:19:04.920 --> 0:19:07.120
<v Speaker 7>bit different situation. I had to put fifteen thousand dollars

0:19:07.160 --> 0:19:11.320
<v Speaker 7>down on my Porsche Porsche Panamerica. But for the most part,

0:19:11.440 --> 0:19:13.439
<v Speaker 7>no money down on none of the cars, none of

0:19:13.440 --> 0:19:14.000
<v Speaker 7>these cars.

0:19:14.320 --> 0:19:15.560
<v Speaker 2>What kind of credit you gotta have to do that?

0:19:16.280 --> 0:19:18.800
<v Speaker 7>I actually had a seven twenty three, but I had

0:19:18.800 --> 0:19:21.960
<v Speaker 7>a strong seven twenty two three strongly right.

0:19:22.040 --> 0:19:23.720
<v Speaker 6>And to be honest, you don't even have to have nothing.

0:19:23.760 --> 0:19:25.439
<v Speaker 7>It's nothing too crazy as long as you get in

0:19:25.440 --> 0:19:28.879
<v Speaker 7>the car that it fits the criteria, what the banks

0:19:28.880 --> 0:19:30.159
<v Speaker 7>were willing to give you.

0:19:30.960 --> 0:19:33.600
<v Speaker 4>So did you still had the there was no money,

0:19:33.680 --> 0:19:35.400
<v Speaker 4>like not even closing like the type.

0:19:35.359 --> 0:19:38.919
<v Speaker 6>Was it like that gets rolled into the the payment?

0:19:39.000 --> 0:19:39.240
<v Speaker 2>Yeah?

0:19:39.280 --> 0:19:41.120
<v Speaker 6>So long? So how much was all your like your

0:19:41.119 --> 0:19:41.840
<v Speaker 6>total payment?

0:19:41.960 --> 0:19:44.800
<v Speaker 7>I don't think nobody ever asked this question. One point

0:19:44.880 --> 0:19:48.159
<v Speaker 7>six million, thirty three cars cars. I think it was

0:19:48.160 --> 0:19:49.960
<v Speaker 7>a little bit more than thirty three cars. Ended up

0:19:49.960 --> 0:19:51.359
<v Speaker 7>getting the more cars a little bit later, but one

0:19:51.359 --> 0:19:52.000
<v Speaker 7>point six million.

0:19:52.000 --> 0:19:54.480
<v Speaker 6>I looked at my one point six million, I added

0:19:54.480 --> 0:19:57.600
<v Speaker 6>it up that roll, I'm like, got a year a year, no, no, no,

0:19:57.680 --> 0:19:58.679
<v Speaker 6>that's how much a total?

0:19:58.800 --> 0:20:01.880
<v Speaker 7>No no, no no. But my monthly car notes total

0:20:01.960 --> 0:20:04.520
<v Speaker 7>was like around thirty to forty thousand. But the total

0:20:04.600 --> 0:20:10.160
<v Speaker 7>mount money I got loaned. So your payment, your payments

0:20:10.160 --> 0:20:12.679
<v Speaker 7>monthly was forty thousand dollars around anywhere from thirty to

0:20:12.720 --> 0:20:14.640
<v Speaker 7>forty Where you house in the cars, that's not bad

0:20:14.640 --> 0:20:17.160
<v Speaker 7>asking question, that's not bad. So what I was doing

0:20:17.160 --> 0:20:18.960
<v Speaker 7>with at first because when I have three cars, it

0:20:19.000 --> 0:20:22.080
<v Speaker 7>was cool because I have my garage, I get two spaces.

0:20:22.400 --> 0:20:22.960
<v Speaker 2>It was straight.

0:20:23.080 --> 0:20:25.240
<v Speaker 7>I had my third one in another space. But now

0:20:25.320 --> 0:20:26.960
<v Speaker 7>to figure out I want to put all these cars.

0:20:28.640 --> 0:20:30.800
<v Speaker 2>I'll find apartment with a lot.

0:20:32.119 --> 0:20:34.880
<v Speaker 7>So because I'm in Airbnb, I have a bunch of copdos.

0:20:35.520 --> 0:20:37.879
<v Speaker 7>So I try to leverage the cons space. Tell me

0:20:37.920 --> 0:20:40.600
<v Speaker 7>why they sent me. Never talking about mister Maddi, You're

0:20:40.600 --> 0:20:40.919
<v Speaker 7>gonna have to.

0:20:40.920 --> 0:20:42.879
<v Speaker 6>Move all these cars with you know, than yours, I

0:20:43.000 --> 0:20:46.240
<v Speaker 6>mean airbnbss you have. I have eight, so you try

0:20:46.280 --> 0:20:48.240
<v Speaker 6>to eight. I have seven. Now, so you try to

0:20:48.280 --> 0:20:49.800
<v Speaker 6>park thirty three cars and eight I try.

0:20:49.840 --> 0:20:49.919
<v Speaker 8>No.

0:20:49.960 --> 0:20:52.080
<v Speaker 6>I try to park it at one location, all like

0:20:52.160 --> 0:20:54.680
<v Speaker 6>one and like I have a picture of the building. Yeah.

0:20:54.760 --> 0:20:54.960
<v Speaker 2>Yeah.

0:20:55.000 --> 0:20:57.040
<v Speaker 6>I had all my cars lined up so where people

0:20:57.160 --> 0:20:58.600
<v Speaker 6>like the residents will drive it. They're like, what the

0:20:58.680 --> 0:21:01.360
<v Speaker 6>heck is going on here? All these luxury cars, corvettes

0:21:01.960 --> 0:21:02.399
<v Speaker 6>is going on.

0:21:02.640 --> 0:21:04.280
<v Speaker 7>It was pretty crazy, but I have to move it.

0:21:04.680 --> 0:21:06.920
<v Speaker 7>But luckily somebody called me. My boy called me and said, yo,

0:21:06.960 --> 0:21:08.320
<v Speaker 7>mad I got it. I know there's a lot by

0:21:08.320 --> 0:21:12.040
<v Speaker 7>the airport, right next to the Hartsville Jackson Atlanta Airport.

0:21:12.200 --> 0:21:13.040
<v Speaker 6>There's a lot.

0:21:13.240 --> 0:21:14.680
<v Speaker 7>You can go ahead and talk to the owner and

0:21:14.680 --> 0:21:16.720
<v Speaker 7>see if you can leave space. By guy's grace, I

0:21:16.760 --> 0:21:18.119
<v Speaker 7>was able to close that deal. Now I got my

0:21:18.119 --> 0:21:20.280
<v Speaker 7>own car lot.

0:21:20.000 --> 0:21:21.239
<v Speaker 6>How much did you pay for the car?

0:21:21.280 --> 0:21:21.480
<v Speaker 2>Lot?

0:21:21.560 --> 0:21:22.440
<v Speaker 6>Thirty two hundred a month.

0:21:22.480 --> 0:21:24.680
<v Speaker 7>It's my note, thirty two hundred dollars a month. Yeah,

0:21:25.160 --> 0:21:28.880
<v Speaker 7>forty spaces, forty spaces in the back. I think ten

0:21:28.920 --> 0:21:31.199
<v Speaker 7>spaces in the front. I'm able to run it just

0:21:31.200 --> 0:21:33.399
<v Speaker 7>like an enterprise. Hurt Actually, I'm right next to the enterprise.

0:21:33.400 --> 0:21:35.680
<v Speaker 6>It hurts. Hurts is right here, enterprises right here, and

0:21:35.720 --> 0:21:40.720
<v Speaker 6>I'm over here. Patty J's over there. So all right,

0:21:40.760 --> 0:21:43.840
<v Speaker 6>so you you got forty You got forty thousand dollars

0:21:43.880 --> 0:21:46.159
<v Speaker 6>a month that you gotta pay, but you don't have

0:21:46.200 --> 0:21:49.760
<v Speaker 6>to pay your first car note toutch part first thirty.

0:21:49.800 --> 0:21:52.040
<v Speaker 6>I forgot my brain. That's what I'm thinking. It gives

0:21:52.040 --> 0:21:52.879
<v Speaker 6>you like a profit.

0:21:53.280 --> 0:21:56.480
<v Speaker 7>It's actually some cars is thirty days, some notes forty

0:21:56.480 --> 0:21:58.520
<v Speaker 7>five days. So I get to run up the bag

0:21:58.560 --> 0:22:00.240
<v Speaker 7>for a whole thirty to forty five dollars.

0:22:00.040 --> 0:22:02.600
<v Speaker 4>Before you made your first car payments. How much money

0:22:02.600 --> 0:22:04.200
<v Speaker 4>did you run up in that thirty day time?

0:22:04.240 --> 0:22:06.240
<v Speaker 7>I want to say, I think it was nothing crazy

0:22:06.320 --> 0:22:07.720
<v Speaker 7>like twenty twenty two thousand.

0:22:08.200 --> 0:22:10.520
<v Speaker 6>I took some screenshots, some of them.

0:22:10.560 --> 0:22:12.800
<v Speaker 7>Was harder to like onboard and make sure that I

0:22:12.800 --> 0:22:15.360
<v Speaker 7>can start running out immediately, some of them the same

0:22:15.440 --> 0:22:16.600
<v Speaker 7>day as soon as I got it put on to

0:22:16.760 --> 0:22:18.520
<v Speaker 7>row because it's still gotta take pictures and all that.

0:22:18.600 --> 0:22:19.800
<v Speaker 6>I still got it and it was just me and.

0:22:19.840 --> 0:22:22.359
<v Speaker 7>My wife that time, so you have to take your pictures,

0:22:22.359 --> 0:22:24.240
<v Speaker 7>you got to upload it, and I didn't feel like

0:22:24.320 --> 0:22:26.440
<v Speaker 7>mentally dealing with that. When you deal with these dealerships,

0:22:26.480 --> 0:22:30.200
<v Speaker 7>they already took all your mental energy, your whole body, right.

0:22:30.280 --> 0:22:32.520
<v Speaker 7>But I also teach students how to deal with the

0:22:32.520 --> 0:22:34.800
<v Speaker 7>dealerships too, to make sure they don't get finessed in

0:22:34.800 --> 0:22:35.320
<v Speaker 7>these streets.

0:22:35.359 --> 0:22:38.680
<v Speaker 3>So is there a difference between buying a new car

0:22:38.840 --> 0:22:39.520
<v Speaker 3>and a used car?

0:22:39.720 --> 0:22:44.160
<v Speaker 7>Yeah, definitely, mainly the pricing, but dealerships they really want

0:22:44.200 --> 0:22:47.679
<v Speaker 7>to offset their new cars right to maintain their relationships

0:22:47.720 --> 0:22:50.399
<v Speaker 7>with these manufacturers and a little bit more profit margin

0:22:50.680 --> 0:22:53.159
<v Speaker 7>when it was to the prices. So as we know,

0:22:53.320 --> 0:22:54.960
<v Speaker 7>people know, as soon as you drive off for a

0:22:55.040 --> 0:22:58.080
<v Speaker 7>new car off the lot, you hit with two thousand

0:22:58.160 --> 0:23:01.480
<v Speaker 7>to four thousand dollars in depreciation. Everybody knows this, but

0:23:01.560 --> 0:23:05.439
<v Speaker 7>nobody really knows why because most of the money was

0:23:05.640 --> 0:23:07.920
<v Speaker 7>that you're losing isn't for the value of the cars,

0:23:07.920 --> 0:23:10.840
<v Speaker 7>for the marketing they have to recruit their costs on

0:23:10.960 --> 0:23:13.800
<v Speaker 7>these dealerships, market and brand and set and pay their

0:23:13.800 --> 0:23:15.159
<v Speaker 7>commissions to the salespeople.

0:23:15.520 --> 0:23:17.000
<v Speaker 6>That money has nothing to do with their cars.

0:23:17.000 --> 0:23:19.080
<v Speaker 7>As soon as you drive off the lot, that's already

0:23:19.119 --> 0:23:20.720
<v Speaker 7>the hit you gotta take because they got to get

0:23:20.720 --> 0:23:22.720
<v Speaker 7>their profit margin off of that. So people don't know

0:23:22.760 --> 0:23:25.560
<v Speaker 7>that that has nothing to do with anything else outside

0:23:25.560 --> 0:23:28.280
<v Speaker 7>of that. But here's the thing. That's why we're not

0:23:28.320 --> 0:23:30.639
<v Speaker 7>supposed to be buying new cars at all. It's not

0:23:30.680 --> 0:23:32.440
<v Speaker 7>good idea. Unless you got the money, you don't really

0:23:32.440 --> 0:23:35.560
<v Speaker 7>care about that three four thousand dollars depreciation hit. It's

0:23:35.600 --> 0:23:37.600
<v Speaker 7>always suggested by me and my team to always get

0:23:37.640 --> 0:23:41.439
<v Speaker 7>these cars used, like my twenty seventeen Maserati that we

0:23:41.480 --> 0:23:43.720
<v Speaker 7>got for thirty two thousand. If we bought that car

0:23:43.800 --> 0:23:46.080
<v Speaker 7>brown new, we will pay extra forty thousand dollars for it,

0:23:46.200 --> 0:23:49.000
<v Speaker 7>same car, right, and that will mess up the profit

0:23:49.000 --> 0:23:50.320
<v Speaker 7>margins when it comes to running it out.

0:23:50.400 --> 0:23:53.480
<v Speaker 6>So the first month you say you made like twenty thousand.

0:23:53.400 --> 0:23:56.960
<v Speaker 7>Yeah, but you start have been up to up to forty.

0:23:57.040 --> 0:23:58.840
<v Speaker 7>I don't know the exact number though. What was what

0:23:58.880 --> 0:24:01.639
<v Speaker 7>did you peek at with that fleet? Yeah? I was

0:24:01.680 --> 0:24:04.439
<v Speaker 7>getting more cars, and I was getting more cars. So

0:24:04.680 --> 0:24:07.320
<v Speaker 7>the numbers starts fluctuating, but anywhere from twenty thousand and

0:24:07.359 --> 0:24:12.800
<v Speaker 7>sixty thousand per month, right, and then of course that's gross. Yeah,

0:24:12.840 --> 0:24:14.240
<v Speaker 7>of course we got to talk about net when it

0:24:14.240 --> 0:24:16.160
<v Speaker 7>comes to expenses. I had to hire a team at

0:24:16.200 --> 0:24:19.440
<v Speaker 7>seven employees have my car lot. Now, things a little

0:24:19.440 --> 0:24:21.960
<v Speaker 7>bit different as far as expenses of management and operating cars.

0:24:22.000 --> 0:24:24.639
<v Speaker 6>So was it profitable because it's like, definitely, Well, if

0:24:24.640 --> 0:24:28.000
<v Speaker 6>you're paying forty thousand a month, but your gross is sixty,

0:24:28.960 --> 0:24:31.480
<v Speaker 6>the net probably forty, so you're like breaking even.

0:24:31.680 --> 0:24:34.680
<v Speaker 7>Noah, Well I was probably netting probably ten thousand dollars

0:24:34.760 --> 0:24:37.520
<v Speaker 7>per month, okay, yeah, anywhere, so the price was fluctuating,

0:24:37.560 --> 0:24:39.399
<v Speaker 7>so anywhere from ten thousand, so my car notes was

0:24:39.400 --> 0:24:41.600
<v Speaker 7>probably around three thousand dollars a month up towards the

0:24:41.640 --> 0:24:42.119
<v Speaker 7>forty thousands.

0:24:42.200 --> 0:24:44.600
<v Speaker 6>I started getting more cars, okay, yeah.

0:24:44.240 --> 0:24:47.639
<v Speaker 7>So each car averages anywhere from six hundred dollars to

0:24:47.640 --> 0:24:51.840
<v Speaker 7>one thousand dollars a month net. Okay, Yeah, So that

0:24:51.920 --> 0:24:54.520
<v Speaker 7>was what was happening. But some cars weren't ready, or

0:24:54.560 --> 0:24:56.520
<v Speaker 7>some cars will get in in an accident. So the

0:24:56.520 --> 0:24:58.440
<v Speaker 7>cars that were performing well will offset the cars that

0:24:58.480 --> 0:24:59.400
<v Speaker 7>weren't performing well.

0:25:00.080 --> 0:25:03.800
<v Speaker 3>Yeah, so is there like because the masoriety thing is crazy?

0:25:04.160 --> 0:25:07.240
<v Speaker 3>Is there somewhere that you went to find out the

0:25:07.359 --> 0:25:09.840
<v Speaker 3>level of depreciation on cars and then that became your

0:25:09.840 --> 0:25:11.320
<v Speaker 3>playbook for like, yo, I gotta get those.

0:25:11.720 --> 0:25:13.200
<v Speaker 6>I actually should have did that. In the beginning. I

0:25:13.200 --> 0:25:15.000
<v Speaker 6>didn't know nothing about the depreciation. I didn't care.

0:25:15.160 --> 0:25:17.919
<v Speaker 7>All I knew was my car No. Was six hundred

0:25:18.040 --> 0:25:21.520
<v Speaker 7>and I could probably make twelve two thousand dollars per car.

0:25:22.119 --> 0:25:23.960
<v Speaker 7>That's all I cared about. I didn't know about the

0:25:24.040 --> 0:25:27.960
<v Speaker 7>depreciation until as I started getting to the business. Because depreciation,

0:25:28.080 --> 0:25:31.240
<v Speaker 7>if I'm getting a used car, the depreciatedation is not

0:25:31.320 --> 0:25:34.120
<v Speaker 7>too bad once the car is already three years old.

0:25:34.520 --> 0:25:36.560
<v Speaker 7>So I wasn't dealing too much with that unless I

0:25:36.600 --> 0:25:38.480
<v Speaker 7>got new cars. That's what I am not doing. I

0:25:38.560 --> 0:25:41.280
<v Speaker 7>ended vert getting new cars because I realized on the

0:25:41.280 --> 0:25:44.720
<v Speaker 7>Touro platform everybody was getting corvetted. Now once I start

0:25:44.800 --> 0:25:46.960
<v Speaker 7>running to play everybody and I don't mind sharing it.

0:25:47.000 --> 0:25:48.560
<v Speaker 7>So I'm sharing the play so people say, oh, that's

0:25:48.560 --> 0:25:50.800
<v Speaker 7>the play we go get some corvettes too. So now

0:25:50.800 --> 0:25:53.480
<v Speaker 7>it's in the market that all these corvettes available, So

0:25:53.640 --> 0:25:56.600
<v Speaker 7>as a as a client, now when they go to Turo,

0:25:56.720 --> 0:25:59.320
<v Speaker 7>they now need to choose which corvette they want to get.

0:25:59.480 --> 0:26:02.640
<v Speaker 7>I'm gonna the twenty seventeen Corvette or the twenty twenty

0:26:02.640 --> 0:26:06.119
<v Speaker 7>corvette a twenty twenty one Corvette, and depending on the price,

0:26:06.560 --> 0:26:08.080
<v Speaker 7>people will usually go for the newer car.

0:26:08.440 --> 0:26:11.160
<v Speaker 4>So okay, So how do you buy a newer use

0:26:11.240 --> 0:26:13.600
<v Speaker 4>car at a dealership without getting finess to stress?

0:26:15.880 --> 0:26:18.639
<v Speaker 7>So all right, So the thing is, typically when we

0:26:18.680 --> 0:26:22.280
<v Speaker 7>go into the dealerships, we don't know who the players

0:26:22.320 --> 0:26:24.520
<v Speaker 7>in the game or who's evolved. We go into this

0:26:24.640 --> 0:26:26.680
<v Speaker 7>game called buying a car, but don't know who the

0:26:26.720 --> 0:26:30.400
<v Speaker 7>players are. So the players are one the salesperson. That's

0:26:30.520 --> 0:26:33.560
<v Speaker 7>typically the first person you see or that sees you first.

0:26:33.560 --> 0:26:35.200
<v Speaker 7>As soon as you get on that lot, they see you.

0:26:35.320 --> 0:26:36.440
<v Speaker 7>Soon as you get on that lot.

0:26:36.280 --> 0:26:39.000
<v Speaker 2>They pop up.

0:26:39.080 --> 0:26:41.440
<v Speaker 7>That's the salesperson, and their job is to sell you

0:26:41.480 --> 0:26:43.719
<v Speaker 7>a car, whether it's the car that you want or

0:26:43.840 --> 0:26:46.359
<v Speaker 7>a car that they convince you to buy, which is cool.

0:26:46.600 --> 0:26:47.240
<v Speaker 6>That's their job.

0:26:47.760 --> 0:26:49.960
<v Speaker 7>But then there's after you deal with the salesperson and

0:26:50.400 --> 0:26:53.159
<v Speaker 7>pricing and all that and that good stuff. Test driving.

0:26:53.640 --> 0:26:56.120
<v Speaker 7>They have the finance manager or the sales manager. Sales

0:26:56.160 --> 0:26:59.520
<v Speaker 7>managers oversees the salesperson. But then after you figure out

0:26:59.520 --> 0:27:03.720
<v Speaker 7>your deal on your payments, credit report, history, approval process,

0:27:03.760 --> 0:27:04.560
<v Speaker 7>you then move into.

0:27:04.440 --> 0:27:05.360
<v Speaker 6>The finance managion.

0:27:05.840 --> 0:27:10.000
<v Speaker 7>So because people don't know the chain of different individuals

0:27:10.000 --> 0:27:12.359
<v Speaker 7>that they're gonna be running into, they don't know what

0:27:12.440 --> 0:27:14.240
<v Speaker 7>to say, they don't know how to negotiate, they don't

0:27:14.240 --> 0:27:14.880
<v Speaker 7>know how to do nothing.

0:27:14.920 --> 0:27:16.200
<v Speaker 6>Like I was, I didn't know nothing.

0:27:16.240 --> 0:27:18.080
<v Speaker 7>I just got to solve a price on the website.

0:27:18.080 --> 0:27:19.679
<v Speaker 7>And that's what I'm asking for it not knowing that

0:27:19.720 --> 0:27:23.280
<v Speaker 7>I can negotiate. If I can negotiate the price down,

0:27:23.480 --> 0:27:25.880
<v Speaker 7>that will lower my costs on my monthly note, which

0:27:25.880 --> 0:27:27.200
<v Speaker 7>will give me more profit.

0:27:26.960 --> 0:27:28.600
<v Speaker 6>Margin when I start renting out these cars.

0:27:29.080 --> 0:27:30.879
<v Speaker 7>So getting the car note for five hundred dollars a

0:27:30.880 --> 0:27:33.360
<v Speaker 7>month versus seven sixty sixty a month is a difference.

0:27:33.760 --> 0:27:35.800
<v Speaker 6>That's your profit margin. You can cash flow one hundred

0:27:35.800 --> 0:27:37.680
<v Speaker 6>dollars a month off of a car. That's good.

0:27:37.680 --> 0:27:38.040
<v Speaker 2>That's good.

0:27:38.200 --> 0:27:40.919
<v Speaker 7>It's your car. That's your cell phone being paid for

0:27:40.960 --> 0:27:42.879
<v Speaker 7>every month. You can look at it like that. I

0:27:42.880 --> 0:27:44.399
<v Speaker 7>don't ever have to pay for my cell phone for

0:27:44.440 --> 0:27:46.080
<v Speaker 7>a whole year because this car is paid for it

0:27:46.800 --> 0:27:48.680
<v Speaker 7>things of that nature. So when you get into the

0:27:48.720 --> 0:27:52.680
<v Speaker 7>dealership knowing how this process works, it's super important. So

0:27:52.720 --> 0:27:55.080
<v Speaker 7>typically when people are going to the dealerships are getting

0:27:55.080 --> 0:27:58.480
<v Speaker 7>the car finance, so you having your credit profile already

0:27:58.520 --> 0:28:01.960
<v Speaker 7>prepared is super important, super imported. Most people don't know

0:28:01.960 --> 0:28:04.000
<v Speaker 7>what their credit score is or credit report is when

0:28:04.000 --> 0:28:07.399
<v Speaker 7>they go to the dealership. And if a salesperson or

0:28:07.440 --> 0:28:10.880
<v Speaker 7>fiest person knows that, you don't know they have leverage.

0:28:11.480 --> 0:28:15.640
<v Speaker 7>Remember they're in the business to sell cars and make

0:28:15.640 --> 0:28:17.760
<v Speaker 7>sure that they get the most income out of each

0:28:17.800 --> 0:28:21.560
<v Speaker 7>car possible for their bottom line. So why is that

0:28:21.600 --> 0:28:23.400
<v Speaker 7>important for you to know your credit score is because

0:28:23.400 --> 0:28:26.359
<v Speaker 7>so you can know that when they literally run your

0:28:26.359 --> 0:28:29.920
<v Speaker 7>credit report and come back to you. Some salespeople they say, ah,

0:28:30.040 --> 0:28:32.600
<v Speaker 7>your credit score is not too good. We can only

0:28:32.680 --> 0:28:36.240
<v Speaker 7>get you approved for twenty thousand at ten percent.

0:28:36.920 --> 0:28:37.960
<v Speaker 6>But if you know your.

0:28:37.800 --> 0:28:39.760
<v Speaker 7>Credit score is stronger than that, like hold hold on

0:28:39.840 --> 0:28:43.400
<v Speaker 7>ten percent, I should be getting six percent, five percent.

0:28:43.720 --> 0:28:46.480
<v Speaker 7>Why are you charging ten right? So if you don't

0:28:46.520 --> 0:28:48.520
<v Speaker 7>have an answer to that, they're gonna let you. You're

0:28:48.560 --> 0:28:50.240
<v Speaker 7>gonna be happy with the ten percent just because you

0:28:50.280 --> 0:28:52.440
<v Speaker 7>got approved, and they had you sitting there in that

0:28:53.880 --> 0:28:57.480
<v Speaker 7>lobby for two hours wait, knowing that it only takes

0:28:57.520 --> 0:28:59.360
<v Speaker 7>five minutes to find out whether you're proved or not.

0:29:00.200 --> 0:29:04.040
<v Speaker 3>Which so the three bureaus, right, So which one are

0:29:04.040 --> 0:29:06.200
<v Speaker 3>they using or are they taking the average of the three?

0:29:06.520 --> 0:29:10.360
<v Speaker 6>Yeah? So typically it depends on what lender they're dealing with.

0:29:10.560 --> 0:29:14.120
<v Speaker 7>So for example, I go to the dealership and I

0:29:14.240 --> 0:29:18.640
<v Speaker 7>give I fill out the credit report. The sales manager

0:29:18.680 --> 0:29:21.520
<v Speaker 7>grabs that credit report, whether there's online, website, whatever the

0:29:21.560 --> 0:29:24.880
<v Speaker 7>case may be, and gives it to the sales manager, right,

0:29:24.920 --> 0:29:27.400
<v Speaker 7>who then helps and finance manager runs the report.

0:29:28.080 --> 0:29:29.320
<v Speaker 6>They actually have it if you go to car MA.

0:29:29.360 --> 0:29:30.760
<v Speaker 6>Actually they'll actually let you see it.

0:29:31.400 --> 0:29:33.640
<v Speaker 9>They fill in your information to your social you address,

0:29:33.640 --> 0:29:36.360
<v Speaker 9>all that good stuff, and it literally plugs it into

0:29:36.360 --> 0:29:40.600
<v Speaker 9>their system and shoots that information to their lenders and instantly,

0:29:40.800 --> 0:29:42.200
<v Speaker 9>five probably ten minutes.

0:29:42.600 --> 0:29:47.200
<v Speaker 7>They'll respond back with approved, not approved, approved, with stipulations

0:29:47.840 --> 0:29:50.760
<v Speaker 7>not approved because of this. Yeah, we're thinking about it,

0:29:50.840 --> 0:29:53.400
<v Speaker 7>but have this person tell us this information why they

0:29:53.600 --> 0:29:56.480
<v Speaker 7>be moving for the last two years? Can we verify

0:29:56.520 --> 0:29:58.959
<v Speaker 7>their income? They'll do those things, but it all happens

0:29:58.960 --> 0:30:00.880
<v Speaker 7>within five to ten minutes. It doesn't take too long.

0:30:01.440 --> 0:30:03.840
<v Speaker 7>So once they find that out, they can be able

0:30:03.840 --> 0:30:05.120
<v Speaker 7>to let you know, yep, you got to prove of

0:30:05.160 --> 0:30:07.840
<v Speaker 7>Bank America. You got proof of chase, which one do

0:30:07.880 --> 0:30:09.440
<v Speaker 7>you want to do? But typically they don't give you

0:30:09.480 --> 0:30:13.640
<v Speaker 7>two options. They only present them on They don't do that.

0:30:13.880 --> 0:30:15.880
<v Speaker 6>You don't ever know that you got to prove by

0:30:15.960 --> 0:30:16.680
<v Speaker 6>multiple banks.

0:30:16.720 --> 0:30:19.520
<v Speaker 7>They only lets you know one whatever was the most

0:30:19.800 --> 0:30:21.000
<v Speaker 7>profitable for them.

0:30:21.440 --> 0:30:23.040
<v Speaker 6>So what they do is, you got to prove for

0:30:23.080 --> 0:30:25.000
<v Speaker 6>six percent over here.

0:30:25.600 --> 0:30:27.560
<v Speaker 7>But they don't have a relationship with Bank America where

0:30:27.560 --> 0:30:31.680
<v Speaker 7>they get money any money from that interest right, because

0:30:31.720 --> 0:30:34.239
<v Speaker 7>dealerships don't make as much money as more anymore from

0:30:34.280 --> 0:30:37.320
<v Speaker 7>the car sale from the top. Because the Internet, Internet

0:30:37.360 --> 0:30:39.640
<v Speaker 7>now has the prices of these cars, you can you

0:30:39.640 --> 0:30:41.600
<v Speaker 7>can shop prices better, way better now.

0:30:42.040 --> 0:30:44.000
<v Speaker 6>So what do the dealerships do to offset that?

0:30:44.320 --> 0:30:47.120
<v Speaker 7>They make their money on the back end selling US

0:30:47.160 --> 0:30:52.360
<v Speaker 7>warranties packages. The interest rate they add two points, sometimes

0:30:52.960 --> 0:30:55.920
<v Speaker 7>two to three points. Sometimes states limit them from adding points.

0:30:55.920 --> 0:30:57.720
<v Speaker 7>But if they didn't have no limits, some people probably say,

0:30:57.760 --> 0:30:59.080
<v Speaker 7>you got a proof for four percent and you don't

0:30:59.120 --> 0:30:59.480
<v Speaker 7>know better.

0:31:00.200 --> 0:31:01.520
<v Speaker 6>Congratulations APROS.

0:31:03.960 --> 0:31:10.280
<v Speaker 7>Cars, because all you're looking at is the monthly payments,

0:31:10.280 --> 0:31:11.800
<v Speaker 7>and that's what the salesperson is supposed to let you do.

0:31:12.120 --> 0:31:14.960
<v Speaker 6>Focus on the monthly payments, not the interest rate.

0:31:16.120 --> 0:31:18.840
<v Speaker 3>So I mean, at this rate, you're accumulating a lot

0:31:18.880 --> 0:31:22.920
<v Speaker 3>of cars, but with all cars comes wear into yep.

0:31:23.040 --> 0:31:27.480
<v Speaker 3>So so how do you mitigate that? Are you making

0:31:27.480 --> 0:31:30.960
<v Speaker 3>connections with repair shops, all the bodies? What's that process like?

0:31:31.280 --> 0:31:33.920
<v Speaker 7>So when you're in this rental business, you end up

0:31:33.920 --> 0:31:38.120
<v Speaker 7>building relationships with the autobody shops, the mechanics, the car

0:31:38.280 --> 0:31:41.680
<v Speaker 7>wash business, insurance. Basically, once you come into rental space,

0:31:41.680 --> 0:31:42.920
<v Speaker 7>you're not even in the rental space. You're in the

0:31:43.000 --> 0:31:46.040
<v Speaker 7>insurance space, right, You're an insurance game. You're in the

0:31:46.080 --> 0:31:50.000
<v Speaker 7>car washing game, car car maintenance game. So while I

0:31:50.040 --> 0:31:51.960
<v Speaker 7>was in this business, I built relationships with the Top

0:31:52.000 --> 0:31:55.240
<v Speaker 7>of the Top in Atlanta how to wash these cars

0:31:55.680 --> 0:31:57.800
<v Speaker 7>and get the right soaps, the right materials to make

0:31:57.800 --> 0:32:01.760
<v Speaker 7>sure that these cars are being protected and well at

0:32:01.920 --> 0:32:04.280
<v Speaker 7>cheap costs. Right, A lot of these cars can be

0:32:04.360 --> 0:32:06.760
<v Speaker 7>maintained really really low. But a lot of people don't get

0:32:06.760 --> 0:32:09.280
<v Speaker 7>those same rates because they're not in this business. They

0:32:09.320 --> 0:32:12.320
<v Speaker 7>just go and take their cars in the nearest auto

0:32:12.320 --> 0:32:14.239
<v Speaker 7>body shop, and because they don't have relationship with them,

0:32:14.240 --> 0:32:14.760
<v Speaker 7>they hit them.

0:32:14.680 --> 0:32:16.760
<v Speaker 6>Over the head with prices.

0:32:16.920 --> 0:32:17.560
<v Speaker 2>You know what I'm saying.

0:32:17.800 --> 0:32:20.320
<v Speaker 6>So that's how that situation works. How she got hit

0:32:20.400 --> 0:32:22.120
<v Speaker 6>on my head with my Maserati.

0:32:22.760 --> 0:32:26.400
<v Speaker 7>As soon as I bought the Maserati, the brakes were

0:32:26.960 --> 0:32:30.200
<v Speaker 7>warped and I didn't know. I didn't know better, and

0:32:30.320 --> 0:32:32.040
<v Speaker 7>because I didn't know better, I didn't do better. So

0:32:32.080 --> 0:32:33.600
<v Speaker 7>I'm driving the car, so it was like off the lot,

0:32:33.640 --> 0:32:36.480
<v Speaker 7>I'm like, why is this thing shaking? I take the

0:32:36.480 --> 0:32:38.520
<v Speaker 7>car to the firestone. The dude pulls the wheel out.

0:32:38.560 --> 0:32:39.800
<v Speaker 7>He said, Bro, I don't know how you were even

0:32:39.880 --> 0:32:42.720
<v Speaker 7>driving this car. The tire was bald. All that because

0:32:42.720 --> 0:32:45.800
<v Speaker 7>I didn't have the knowledge to inspect the car. But

0:32:45.800 --> 0:32:47.719
<v Speaker 7>there's a tool. There's a tool that I go to now.

0:32:47.720 --> 0:32:49.960
<v Speaker 7>It's called your Mechanic dot Com. You pay that person

0:32:50.000 --> 0:32:52.720
<v Speaker 7>seventy five dollars before you buy a car. They'll inspect

0:32:52.720 --> 0:32:54.280
<v Speaker 7>to let you know this is a good car and

0:32:54.320 --> 0:32:58.320
<v Speaker 7>you can have your car with less buyer's remorse because

0:32:58.360 --> 0:32:59.360
<v Speaker 7>you checked it out properly.

0:33:00.120 --> 0:33:02.200
<v Speaker 4>How do you buy a car under your business name

0:33:02.360 --> 0:33:04.360
<v Speaker 4>without reporting it in your personally.

0:33:05.080 --> 0:33:07.360
<v Speaker 6>So there's a couple of different strategies do that. I

0:33:07.360 --> 0:33:08.240
<v Speaker 6>think you guys talked about it.

0:33:08.280 --> 0:33:12.120
<v Speaker 7>I tapped into the But one that wasn't mentioned was

0:33:12.360 --> 0:33:15.800
<v Speaker 7>if somebody gets a business credit card with ten thousand,

0:33:16.040 --> 0:33:18.200
<v Speaker 7>twenty dolls, you could buy a car with the credit card.

0:33:18.440 --> 0:33:21.120
<v Speaker 7>That's simple, right. If you got one percent interest or

0:33:21.200 --> 0:33:23.320
<v Speaker 7>zero percent interest for a year, you can literally buy

0:33:23.320 --> 0:33:25.160
<v Speaker 7>your car with the credit card and tell them put

0:33:25.160 --> 0:33:27.680
<v Speaker 7>it in the business name. That's simple, right. Most people

0:33:27.720 --> 0:33:29.880
<v Speaker 7>never thought about it that way because I'm there so

0:33:30.000 --> 0:33:32.880
<v Speaker 7>used to getting cars for personal use, and personal use

0:33:33.160 --> 0:33:37.120
<v Speaker 7>typically means it's a liability. So we be transferred from

0:33:37.120 --> 0:33:38.960
<v Speaker 7>a liability to the asset. We're going to buy it

0:33:39.040 --> 0:33:41.760
<v Speaker 7>under a business name because also there's gonna be protection,

0:33:41.840 --> 0:33:44.200
<v Speaker 7>more protection under business, and it's not gonna mess with

0:33:44.200 --> 0:33:47.640
<v Speaker 7>our debt to income ratio, super important.

0:33:47.320 --> 0:33:49.480
<v Speaker 2>All right, So this is this is crazy, right?

0:33:49.560 --> 0:33:54.480
<v Speaker 3>So this is partnering with small dealerships but using their

0:33:54.560 --> 0:33:55.680
<v Speaker 3>cars to rent.

0:33:56.520 --> 0:33:57.560
<v Speaker 6>So what is this?

0:33:57.680 --> 0:34:02.600
<v Speaker 7>So the rental space was so advantage that I never

0:34:02.680 --> 0:34:05.240
<v Speaker 7>had enough cars. All my cars be renting, but I'll

0:34:05.240 --> 0:34:07.959
<v Speaker 7>never have enough, right, So I'll say, dang, how can

0:34:07.960 --> 0:34:09.040
<v Speaker 7>I get more cars? Because I'm not going to be

0:34:09.080 --> 0:34:10.440
<v Speaker 7>able to get more cars with my name. Now they're

0:34:10.480 --> 0:34:13.640
<v Speaker 7>showing after those thirty days that I utilized my credit

0:34:13.719 --> 0:34:16.400
<v Speaker 7>to get these cars because they weren't showing on my credit.

0:34:16.640 --> 0:34:18.600
<v Speaker 7>Now they're all on my credit, so I can't get

0:34:18.760 --> 0:34:21.400
<v Speaker 7>more cars. So I was able to go to different

0:34:21.480 --> 0:34:25.040
<v Speaker 7>smaller dealerships, mom and pop dealerships and say, the cars

0:34:25.040 --> 0:34:26.520
<v Speaker 7>that you guys have in your lot that looks like

0:34:26.560 --> 0:34:30.239
<v Speaker 7>a car graveyard because it's collecting dust. Did you know

0:34:30.280 --> 0:34:31.600
<v Speaker 7>you guys can rent out these cars.

0:34:31.880 --> 0:34:33.439
<v Speaker 6>We don't rent our cars or none in this business.

0:34:33.480 --> 0:34:34.960
<v Speaker 6>That's how it would be in the first place. But

0:34:35.040 --> 0:34:38.000
<v Speaker 6>once you start showing them numbers showing that it makes sense.

0:34:37.760 --> 0:34:41.120
<v Speaker 7>Build trust report you could actually rent out their cars

0:34:41.160 --> 0:34:43.080
<v Speaker 7>for you and runt out their cars for you, or

0:34:43.120 --> 0:34:45.000
<v Speaker 7>for them actually and do a deal with them fifty

0:34:45.040 --> 0:34:46.719
<v Speaker 7>to fifty eighty twenty, whatever deal you want to do

0:34:46.800 --> 0:34:48.880
<v Speaker 7>with them. The thing is, if you don't have the

0:34:48.920 --> 0:34:51.360
<v Speaker 7>cash or we don't have the credit to get cars,

0:34:51.560 --> 0:34:53.520
<v Speaker 7>you can utilize other people's vehicles.

0:34:53.719 --> 0:34:55.320
<v Speaker 6>You can now utilize other people's credit.

0:34:55.680 --> 0:34:57.320
<v Speaker 7>I can literally walk up to somebody with on the

0:34:57.360 --> 0:34:59.399
<v Speaker 7>street and say, hey, what's your credit card? I got

0:34:59.400 --> 0:35:01.439
<v Speaker 7>a cool seven hundred. Did you know with that seven

0:35:01.520 --> 0:35:02.839
<v Speaker 7>hundred you can get you a car that's gonna bring

0:35:02.840 --> 0:35:04.759
<v Speaker 7>you a little cash flow in no, tell me about it.

0:35:04.760 --> 0:35:06.239
<v Speaker 7>If you convince that person, you can get them a

0:35:06.280 --> 0:35:08.759
<v Speaker 7>car under their name and do a business deal with

0:35:08.800 --> 0:35:09.520
<v Speaker 7>them running.

0:35:09.239 --> 0:35:10.719
<v Speaker 2>Out that car, take a percentage. Yep.

0:35:11.320 --> 0:35:14.040
<v Speaker 4>So how do you partner with police officers to get

0:35:14.040 --> 0:35:15.360
<v Speaker 4>the scoop on car accidents?

0:35:15.360 --> 0:35:15.480
<v Speaker 3>Oh?

0:35:16.200 --> 0:35:18.400
<v Speaker 6>But what's the deal with that?

0:35:18.760 --> 0:35:19.480
<v Speaker 2>Yo? All right?

0:35:19.520 --> 0:35:20.839
<v Speaker 6>So my boy in New York?

0:35:20.920 --> 0:35:24.600
<v Speaker 7>Right, so say say you have a car flee a

0:35:24.640 --> 0:35:29.279
<v Speaker 7>fleet of cars. You have five Toyota Priuses economy cars. Right,

0:35:30.200 --> 0:35:33.560
<v Speaker 7>when there's an accident, what typically happens somebody calls the

0:35:33.560 --> 0:35:36.160
<v Speaker 7>police to be able to make the report. But in

0:35:36.200 --> 0:35:38.680
<v Speaker 7>that accident, this car, this person's car is wrecked and

0:35:38.719 --> 0:35:41.719
<v Speaker 7>this person's car is wrecked. Right, no matter whose fault

0:35:41.760 --> 0:35:45.759
<v Speaker 7>it is, these cars are now undrivable and they're gonna

0:35:45.760 --> 0:35:47.200
<v Speaker 7>go to the toy yard or whatever case may be,

0:35:47.239 --> 0:35:49.960
<v Speaker 7>your auto body shop. But now this person that was

0:35:49.960 --> 0:35:51.439
<v Speaker 7>in this wreck and this person that was in the wreck,

0:35:51.480 --> 0:35:53.799
<v Speaker 7>they don't have a car to drive. So I know

0:35:53.840 --> 0:35:56.520
<v Speaker 7>a dude who has a network with police officers. YO,

0:35:56.640 --> 0:35:59.600
<v Speaker 7>call me anytime there's an accident, I'm gonna pull out

0:36:00.320 --> 0:36:03.040
<v Speaker 7>and let them know that we can fix their car,

0:36:03.600 --> 0:36:05.480
<v Speaker 7>and Shirt's gonna pay for it. They basically convince it

0:36:05.480 --> 0:36:08.600
<v Speaker 7>that person, Look, you got an accident, you got insurance,

0:36:08.600 --> 0:36:09.600
<v Speaker 7>cool insurance is gonna.

0:36:09.400 --> 0:36:09.839
<v Speaker 2>Pay for it.

0:36:10.640 --> 0:36:13.480
<v Speaker 7>But take it to my auto body shop. Not only

0:36:13.560 --> 0:36:15.360
<v Speaker 7>are you gonna take the car to my autobody shop,

0:36:15.680 --> 0:36:17.839
<v Speaker 7>I'm gonna provide you with a car renal that they're

0:36:17.840 --> 0:36:18.360
<v Speaker 7>gonna pay for it.

0:36:18.400 --> 0:36:20.880
<v Speaker 6>In Shuret's gonna pay for at the same time. So

0:36:20.960 --> 0:36:21.800
<v Speaker 6>he double dips.

0:36:22.200 --> 0:36:23.799
<v Speaker 7>But he was able to double dip because he has

0:36:23.840 --> 0:36:25.440
<v Speaker 7>a network of officers that call him.

0:36:25.520 --> 0:36:28.359
<v Speaker 6>It's basically how the tow truck companies work. Yeah, total

0:36:28.400 --> 0:36:29.000
<v Speaker 6>truck companies.

0:36:29.080 --> 0:36:31.440
<v Speaker 7>How they work is because they grandfathered into a network

0:36:31.480 --> 0:36:33.400
<v Speaker 7>of police officer. When the police officer needs a car

0:36:33.480 --> 0:36:36.759
<v Speaker 7>toe they called the network of toll trucks and they

0:36:36.800 --> 0:36:39.840
<v Speaker 7>come in. So any tow truck company that has these contracts,

0:36:40.080 --> 0:36:42.200
<v Speaker 7>they make their money by just pulling up anytime the

0:36:42.200 --> 0:36:44.480
<v Speaker 7>police officer costs. But people don't know that you could

0:36:44.480 --> 0:36:46.600
<v Speaker 7>do it for your car. Riddles too, right, Not just

0:36:46.640 --> 0:36:49.759
<v Speaker 7>police officers, anybody that's in a situation of witnessing a

0:36:49.800 --> 0:36:51.759
<v Speaker 7>car accident, if you could put it out there in

0:36:51.760 --> 0:36:54.000
<v Speaker 7>the universe, if you see a car accident, call me,

0:36:54.520 --> 0:36:55.960
<v Speaker 7>you can be able to tap into that and rent

0:36:55.960 --> 0:36:56.360
<v Speaker 7>it out.

0:36:56.400 --> 0:37:00.960
<v Speaker 4>With like those billboards in New York, like personal injury attorney,

0:37:01.200 --> 0:37:05.160
<v Speaker 4>same thing, same thing, and one of them passed away,

0:37:05.239 --> 0:37:09.840
<v Speaker 4>right recipe, It's like, yeah, the ambulance chases that.

0:37:10.000 --> 0:37:12.560
<v Speaker 6>If you full.

0:37:13.920 --> 0:37:16.160
<v Speaker 3>This episode is brought to you by P and C Bank.

0:37:16.560 --> 0:37:19.320
<v Speaker 3>A lot of people think podcasts about work are boring,

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<v Speaker 3>tipping is a breeze, and you're out the door before

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<v Speaker 6>Crazy the show better call saw that's what all?

0:39:41.200 --> 0:39:44.600
<v Speaker 4>Yeah, yeah, yeah, So it's a whole booming industry of people.

0:39:44.640 --> 0:39:47.160
<v Speaker 4>It's like they look for that, like if you fall

0:39:47.200 --> 0:39:50.600
<v Speaker 4>at work or if you're falling and now unfortunately it's crazy.

0:39:51.320 --> 0:39:52.920
<v Speaker 4>Do you know what the most popular thing that you hear,

0:39:53.000 --> 0:39:54.600
<v Speaker 4>especially in New York, I don't know if it's in Atlanta,

0:39:55.120 --> 0:39:57.920
<v Speaker 4>police brutality. If you, if you or somebody who know

0:39:58.040 --> 0:40:02.160
<v Speaker 4>has been a victim of in the last two years, crumbs,

0:40:10.480 --> 0:40:12.200
<v Speaker 4>if you or somebody you know has been a victim

0:40:12.239 --> 0:40:14.240
<v Speaker 4>of police brutality in the last two years, call.

0:40:17.000 --> 0:40:19.520
<v Speaker 7>It's a strong these a strong play once more people

0:40:19.560 --> 0:40:22.040
<v Speaker 7>start being privy to these different opportunities in rental space.

0:40:22.200 --> 0:40:24.320
<v Speaker 6>You know how black people are. We get real creative,

0:40:24.960 --> 0:40:26.520
<v Speaker 6>get real creative, can do.

0:40:28.200 --> 0:40:30.920
<v Speaker 2>So. So I'm glad you broke down the interest part.

0:40:31.360 --> 0:40:34.000
<v Speaker 2>But is there a way to buy the car without

0:40:34.440 --> 0:40:35.719
<v Speaker 2>high interest or interest at them?

0:40:36.360 --> 0:40:38.879
<v Speaker 6>So that's a good point point.

0:40:38.960 --> 0:40:41.200
<v Speaker 7>So in order to get a car with zero interest

0:40:41.520 --> 0:40:44.160
<v Speaker 7>either you got to have like super super super good,

0:40:44.640 --> 0:40:49.719
<v Speaker 7>super good uh credit profile and they're just doing it

0:40:49.719 --> 0:40:51.200
<v Speaker 7>as a favor because that's how they make their money.

0:40:51.400 --> 0:40:53.680
<v Speaker 7>Banks they needed, as you guys know, in the financial space,

0:40:53.800 --> 0:40:56.080
<v Speaker 7>banks they need to invest that money that's just sitting

0:40:56.120 --> 0:40:59.120
<v Speaker 7>there or inflation is going to eat it up. So

0:40:59.440 --> 0:41:01.880
<v Speaker 7>there's different ways that banks invest the money that's just

0:41:01.920 --> 0:41:05.960
<v Speaker 7>sitting there, home loans and auto loans and investing into

0:41:06.000 --> 0:41:08.759
<v Speaker 7>the market. So out of auto loans they have to

0:41:08.800 --> 0:41:12.279
<v Speaker 7>make their money back. Say say Erica needs a car

0:41:12.640 --> 0:41:14.239
<v Speaker 7>and she doesn't have the money to pay for it

0:41:14.560 --> 0:41:17.279
<v Speaker 7>for cash. Bank will say, oh, okay, we'll give you

0:41:17.360 --> 0:41:20.760
<v Speaker 7>the money for two percent back, one percent back, depending

0:41:20.760 --> 0:41:22.200
<v Speaker 7>on the situation. But the way that you can get

0:41:22.200 --> 0:41:24.279
<v Speaker 7>it for zero percent is if you buy what a

0:41:24.360 --> 0:41:26.719
<v Speaker 7>credit card that has zero percent interests. You don't have

0:41:26.800 --> 0:41:28.160
<v Speaker 7>to buy a twenty thousand dollars car to get in

0:41:28.200 --> 0:41:30.600
<v Speaker 7>the space. You can buy five thousand dollars car. If

0:41:30.640 --> 0:41:32.319
<v Speaker 7>you don't have five thousand dollars cash, you can use

0:41:32.320 --> 0:41:34.520
<v Speaker 7>your car your credit card to buy a five thousand

0:41:34.560 --> 0:41:37.759
<v Speaker 7>dollars car and immediately use it to be able to

0:41:37.800 --> 0:41:41.440
<v Speaker 7>be renting on platforms like hire car to row, generate

0:41:41.480 --> 0:41:43.400
<v Speaker 7>the income, pay that loan back, and now you got

0:41:43.480 --> 0:41:43.680
<v Speaker 7>a car.

0:41:44.040 --> 0:41:46.080
<v Speaker 4>And even in my red I'm thinking even the supplement,

0:41:46.120 --> 0:41:48.239
<v Speaker 4>even if you're not doing it as a full time business. Yes,

0:41:48.320 --> 0:41:51.840
<v Speaker 4>something average the average person, outside of their living expenses,

0:41:53.000 --> 0:41:55.800
<v Speaker 4>their car is their biggest expense, their biggest monthly No,

0:41:56.080 --> 0:41:58.400
<v Speaker 4>it's like either your rent or your mortgage is going

0:41:58.440 --> 0:42:00.200
<v Speaker 4>to be number one. Your car is going you know

0:42:00.600 --> 0:42:03.160
<v Speaker 4>for most people outside like student loan stuff like that.

0:42:03.360 --> 0:42:06.680
<v Speaker 4>So it's like the average person might be struggling. And

0:42:06.920 --> 0:42:08.880
<v Speaker 4>even if it's a three hundred dollars four hundred whatever.

0:42:10.040 --> 0:42:12.680
<v Speaker 4>In my brain, there's always some time where you may

0:42:12.760 --> 0:42:18.080
<v Speaker 4>not use your car. Vacations, vacations Saturday or you know, Sunday,

0:42:18.080 --> 0:42:19.560
<v Speaker 4>if you're just you know, just staying in there.

0:42:20.360 --> 0:42:21.839
<v Speaker 2>Like if you're taking the train to work every day.

0:42:22.080 --> 0:42:23.600
<v Speaker 6>Yeah, I just want to switch it up a little

0:42:23.600 --> 0:42:25.839
<v Speaker 6>bit for the month. Yeah, season? How does that work?

0:42:25.960 --> 0:42:26.320
<v Speaker 3>Like that?

0:42:26.400 --> 0:42:28.880
<v Speaker 4>Can an average person that maybe is not looking to

0:42:28.920 --> 0:42:31.480
<v Speaker 4>do a business but just looking to just cut back

0:42:31.560 --> 0:42:33.960
<v Speaker 4>on it on the on the monthly note and I

0:42:34.080 --> 0:42:36.120
<v Speaker 4>have to pay that money as.

0:42:36.000 --> 0:42:38.680
<v Speaker 7>Long as they don't have an emotional attachment to the

0:42:38.760 --> 0:42:40.680
<v Speaker 7>car and they don't mind sharing it and handing the

0:42:40.760 --> 0:42:43.440
<v Speaker 7>keys to somebody and understanding of how to manage the car.

0:42:43.840 --> 0:42:44.680
<v Speaker 6>Absolutely well.

0:42:44.800 --> 0:42:47.160
<v Speaker 7>For me, that's how I started Saturdays only, But Saturday's

0:42:47.200 --> 0:42:50.840
<v Speaker 7>turning to me having a whole operation for the specific business.

0:42:50.560 --> 0:42:52.359
<v Speaker 4>Because it's dope because it's like there's a reference point

0:42:52.400 --> 0:42:55.640
<v Speaker 4>for Airbnb, so it's not far and it's like, exactly,

0:42:55.760 --> 0:42:59.680
<v Speaker 4>it's already it's thinking about airbnb just for cars, exactly exactly?

0:43:00.400 --> 0:43:02.360
<v Speaker 4>Is there certain like all right? Like if you just

0:43:02.440 --> 0:43:07.280
<v Speaker 4>have a like a hondoid Dodge, will people be willing

0:43:07.360 --> 0:43:08.440
<v Speaker 4>to Yes.

0:43:08.480 --> 0:43:10.160
<v Speaker 7>I'm in the luxury space, but I'm gonn also have

0:43:10.239 --> 0:43:11.399
<v Speaker 7>economy cars, standard cars.

0:43:11.920 --> 0:43:14.759
<v Speaker 6>I got smart cars, paid cash for it.

0:43:14.920 --> 0:43:17.359
<v Speaker 7>Smart cars work so many plays with a smart car

0:43:17.520 --> 0:43:19.560
<v Speaker 7>or any car, you can get the car wrapped I

0:43:19.640 --> 0:43:21.080
<v Speaker 7>think they mentioned before.

0:43:21.200 --> 0:43:24.640
<v Speaker 6>Get a car wrapped on all sides. I've actually seen

0:43:24.680 --> 0:43:26.480
<v Speaker 6>the Atlantic station. The dude pulled up.

0:43:26.480 --> 0:43:27.840
<v Speaker 7>I said, Yo, let me ask you a question. How

0:43:27.920 --> 0:43:29.879
<v Speaker 7>much did this business pay you to wrap your car?

0:43:30.040 --> 0:43:32.480
<v Speaker 7>He said, three hundred dollars for the month. He made

0:43:32.520 --> 0:43:34.719
<v Speaker 7>three hundred dollars just to wrap somebody else's business on

0:43:34.800 --> 0:43:37.520
<v Speaker 7>the car. Right, his car probably look beat up, the

0:43:37.560 --> 0:43:39.920
<v Speaker 7>paintless chipping. Now he got a fresh little wrap on there,

0:43:40.320 --> 0:43:42.280
<v Speaker 7>making three hundred dollars, and that three hundred.

0:43:42.040 --> 0:43:45.040
<v Speaker 6>Dollars pays for it. Probably his his groceries and gas.

0:43:45.600 --> 0:43:47.560
<v Speaker 7>Now he don't worry about groceries as a gas ever

0:43:47.640 --> 0:43:50.040
<v Speaker 7>again until he finds it, of course, unless he doesn't

0:43:50.040 --> 0:43:52.640
<v Speaker 7>do it anymore. That's just one way, right, and then

0:43:52.800 --> 0:43:54.880
<v Speaker 7>he can again reunt out his car to people who

0:43:54.960 --> 0:43:55.760
<v Speaker 7>need to just travel.

0:43:56.040 --> 0:43:57.840
<v Speaker 6>It's just building a network of people who need a

0:43:57.880 --> 0:44:00.000
<v Speaker 6>car in any situation.

0:44:00.440 --> 0:44:01.680
<v Speaker 4>Let me let me ask you this, because like, if

0:44:01.719 --> 0:44:03.799
<v Speaker 4>I rent a car from hurt so you know I'm

0:44:03.800 --> 0:44:06.760
<v Speaker 4>going to the airport or the actual car rental place,

0:44:08.320 --> 0:44:11.840
<v Speaker 4>it's usually centrally located. So if I live, like in

0:44:11.920 --> 0:44:14.200
<v Speaker 4>a suburb or something like that, do I have to

0:44:14.239 --> 0:44:16.600
<v Speaker 4>actually drive the car for somebody to come pick it up,

0:44:16.680 --> 0:44:19.959
<v Speaker 4>or like, how's that aspect of the car rental business works?

0:44:20.280 --> 0:44:21.200
<v Speaker 6>Location? I got you?

0:44:21.520 --> 0:44:21.560
<v Speaker 5>So?

0:44:21.719 --> 0:44:21.919
<v Speaker 6>Yeah.

0:44:22.040 --> 0:44:25.680
<v Speaker 7>For example, if I if I have a car and

0:44:25.719 --> 0:44:28.000
<v Speaker 7>no like an hour away from Atlanta, right from an

0:44:28.000 --> 0:44:30.759
<v Speaker 7>hour away from Atlanta, and I don't want to tap

0:44:30.840 --> 0:44:34.120
<v Speaker 7>into the city or the airport where everybody's at, I

0:44:34.160 --> 0:44:36.719
<v Speaker 7>would have to build a network of having people that's

0:44:36.760 --> 0:44:38.879
<v Speaker 7>in that area that need to cars rent. And you'll

0:44:38.920 --> 0:44:41.560
<v Speaker 7>be surprised if there's no enterprise there. That means it's

0:44:41.640 --> 0:44:44.160
<v Speaker 7>it's still people that need the car. There's people in

0:44:44.400 --> 0:44:46.480
<v Speaker 7>our way that wish that there was a place for

0:44:46.560 --> 0:44:48.879
<v Speaker 7>them to get able to rent cars in their specific area.

0:44:49.160 --> 0:44:51.080
<v Speaker 7>And the question is why would somebody runt out of

0:44:51.080 --> 0:44:54.959
<v Speaker 7>a car in Loganville and that was just an hour way. Well,

0:44:55.440 --> 0:45:00.719
<v Speaker 7>somebody's car broke down. Yeah they need a car. Yeah, yeah,

0:45:00.800 --> 0:45:01.520
<v Speaker 7>supply to man.

0:45:01.680 --> 0:45:05.160
<v Speaker 3>So in the hotel business like Airbnb, I know there's

0:45:05.160 --> 0:45:07.960
<v Speaker 3>a checkout time, So I'm wondering in the car space,

0:45:08.080 --> 0:45:09.960
<v Speaker 3>is that like, Yo, I rented from eleven to eleven

0:45:10.400 --> 0:45:12.200
<v Speaker 3>and if I don't bring it back in that time,

0:45:12.280 --> 0:45:14.640
<v Speaker 3>what's the penalty or what happens if I don't bring

0:45:14.719 --> 0:45:15.200
<v Speaker 3>it back at all.

0:45:15.600 --> 0:45:18.440
<v Speaker 7>Same situation with every b Yeah, so check in, check

0:45:18.440 --> 0:45:21.279
<v Speaker 7>out time, same situation where you can actually set up

0:45:21.440 --> 0:45:23.279
<v Speaker 7>it's your car, you can set it up however you

0:45:23.440 --> 0:45:27.200
<v Speaker 7>want to pickups or at this time, between this time

0:45:27.239 --> 0:45:28.400
<v Speaker 7>and this time, you can sounds like that.

0:45:28.600 --> 0:45:30.520
<v Speaker 6>And then when they book your car they say, okay, cool,

0:45:30.520 --> 0:45:32.239
<v Speaker 6>I'll pick it up at three o'clock. I'll pick it

0:45:32.320 --> 0:45:32.759
<v Speaker 6>up at five.

0:45:33.000 --> 0:45:36.120
<v Speaker 7>If there's after hours, you can charge more for after hours,

0:45:36.640 --> 0:45:39.400
<v Speaker 7>or you can just make it between these hours. But

0:45:39.680 --> 0:45:41.799
<v Speaker 7>one of the biggest issues is of course people bringing

0:45:41.840 --> 0:45:45.000
<v Speaker 7>the car back like and messing up bookings, just like Airbnb. Yeah,

0:45:45.160 --> 0:45:47.279
<v Speaker 7>so it's just a matter of managing the communication with

0:45:47.400 --> 0:45:49.640
<v Speaker 7>the guests to make sure that they bring the car back.

0:45:49.880 --> 0:45:51.399
<v Speaker 7>And if they don't bring in a car back, there's

0:45:51.440 --> 0:45:54.080
<v Speaker 7>different ways to get compensated, whether it's to taking their

0:45:54.120 --> 0:45:56.400
<v Speaker 7>deposit or on tu ro letting Turo know that they

0:45:56.440 --> 0:45:58.279
<v Speaker 7>didn't bring the car back and they need to be

0:45:58.400 --> 0:46:01.720
<v Speaker 7>charged for half a day or a whole day, depending

0:46:01.719 --> 0:46:02.480
<v Speaker 7>on how late they work.

0:46:02.600 --> 0:46:04.040
<v Speaker 2>Do you have a maintenance team, because I know, like

0:46:04.160 --> 0:46:06.200
<v Speaker 2>after somebody leaves, they clean the apartment.

0:46:06.280 --> 0:46:08.839
<v Speaker 6>You have definitely the check in check out team.

0:46:08.880 --> 0:46:10.360
<v Speaker 7>They make sure that the car came back in the

0:46:10.400 --> 0:46:13.600
<v Speaker 7>same condition and they went out in right check the

0:46:13.800 --> 0:46:15.400
<v Speaker 7>tires because that's one of the biggest things that get

0:46:15.400 --> 0:46:17.560
<v Speaker 7>messed up in the car on the base they rim

0:46:17.680 --> 0:46:21.480
<v Speaker 7>rash the tires. But all these different situations that may happen,

0:46:21.600 --> 0:46:24.560
<v Speaker 7>we have protocols for every situation. If somebody messes up

0:46:24.560 --> 0:46:27.480
<v Speaker 7>the rims, there's a fee for that. There's a reimbursement

0:46:27.520 --> 0:46:30.640
<v Speaker 7>fee for that. If somebody smokes in the car, there's

0:46:30.680 --> 0:46:33.319
<v Speaker 7>a feed for that same situation. A little Dinxon things.

0:46:33.600 --> 0:46:35.439
<v Speaker 7>You're creating all these things. Yeah, I got a hold.

0:46:35.680 --> 0:46:38.080
<v Speaker 7>I'm really analytical. I made sure I had a list

0:46:38.160 --> 0:46:39.400
<v Speaker 7>for every possible situation.

0:46:39.760 --> 0:46:42.360
<v Speaker 6>Here's my quote. If it can't happen, it will, So

0:46:42.600 --> 0:46:43.399
<v Speaker 6>you just don't need to make sure.

0:46:43.440 --> 0:46:45.239
<v Speaker 7>We have the process and procedures to take care of

0:46:45.320 --> 0:46:47.520
<v Speaker 7>it when it does, and we make sure we communicate

0:46:47.560 --> 0:46:50.400
<v Speaker 7>it with a guest beforehand, so it's not surprise that

0:46:51.200 --> 0:46:53.160
<v Speaker 7>it smells like smoking here and it's someone like smoke

0:46:53.239 --> 0:46:55.520
<v Speaker 7>like before, So we're gonna have to charge to take

0:46:55.560 --> 0:46:57.960
<v Speaker 7>care to smell for the next guest. So of course

0:46:58.040 --> 0:47:00.120
<v Speaker 7>some people take it responsibility. But some people say, man,

0:47:00.160 --> 0:47:02.319
<v Speaker 7>I don't want smoke. I don't want smoke. No weak man,

0:47:03.400 --> 0:47:06.120
<v Speaker 7>bro It smell like we did, you know what I'm saying.

0:47:06.200 --> 0:47:07.960
<v Speaker 7>So that's part of the nature of the business. But

0:47:08.040 --> 0:47:10.239
<v Speaker 7>making sure that you have the systems in place to

0:47:10.280 --> 0:47:10.759
<v Speaker 7>take care of it.

0:47:11.400 --> 0:47:12.040
<v Speaker 6>Let me ask you this.

0:47:13.680 --> 0:47:16.640
<v Speaker 4>One of the biggest hurdles that stops people from getting cars,

0:47:17.160 --> 0:47:19.800
<v Speaker 4>especially like probably at scale like this would be their credit.

0:47:20.640 --> 0:47:23.080
<v Speaker 4>So do you have any hacks or tips for people

0:47:23.120 --> 0:47:25.759
<v Speaker 4>to you know, rebuild repair their credit to get into

0:47:25.800 --> 0:47:26.040
<v Speaker 4>the car.

0:47:26.480 --> 0:47:28.479
<v Speaker 7>And we got a whole network of these dope because

0:47:28.520 --> 0:47:31.160
<v Speaker 7>credit when it was a credit repayer two years ago,

0:47:31.200 --> 0:47:34.120
<v Speaker 7>it was like, that's that scammy. We just didn't know

0:47:34.160 --> 0:47:36.640
<v Speaker 7>the loss, We didn't know the process and procedures of

0:47:36.680 --> 0:47:39.120
<v Speaker 7>getting these things off of our creditor profile because of

0:47:39.440 --> 0:47:42.600
<v Speaker 7>the loopholes that were created. Right and luckily we have

0:47:42.800 --> 0:47:44.959
<v Speaker 7>teams like we got Recession Proof that can help people

0:47:45.160 --> 0:47:47.680
<v Speaker 7>with that process to educate them. But through even through

0:47:47.719 --> 0:47:50.960
<v Speaker 7>Recession Proof, there's hundreds of women and men who now

0:47:51.080 --> 0:47:54.760
<v Speaker 7>know how to take care of these inquiries, reports, eviction.

0:47:54.600 --> 0:47:55.240
<v Speaker 6>Student loans.

0:47:55.560 --> 0:47:58.600
<v Speaker 7>Legally, we're not even talking about finessing the system nearly

0:47:58.680 --> 0:48:01.279
<v Speaker 7>legally doing it. So if somebody wants to use their

0:48:01.320 --> 0:48:04.239
<v Speaker 7>own profile to do so, they can do it or

0:48:04.600 --> 0:48:07.040
<v Speaker 7>make it, build out a business profile and buy a

0:48:07.080 --> 0:48:08.400
<v Speaker 7>card in the business, and that has nothing to do

0:48:08.480 --> 0:48:12.920
<v Speaker 7>with their horrible personal credit. Business profiles straight personal is horrible.

0:48:12.960 --> 0:48:15.359
<v Speaker 7>You can just use your business, but somebody says. Somebody

0:48:15.400 --> 0:48:17.359
<v Speaker 7>might say, well, I don't have a business profile. There's

0:48:17.400 --> 0:48:19.080
<v Speaker 7>strategies that are out there where you can buy a

0:48:19.120 --> 0:48:22.960
<v Speaker 7>business's profile, shelf companies and add tradelines to that that

0:48:23.440 --> 0:48:26.919
<v Speaker 7>that specific shelf company that exists, and then operate within

0:48:27.000 --> 0:48:28.759
<v Speaker 7>that business. There's so many people who sell business. I

0:48:28.800 --> 0:48:31.760
<v Speaker 7>can sell my business right now to somebody. My business

0:48:31.760 --> 0:48:32.280
<v Speaker 7>has been out.

0:48:32.120 --> 0:48:34.000
<v Speaker 6>For twelve years. Talk about that.

0:48:34.600 --> 0:48:38.600
<v Speaker 7>Yeah, so literally CEO cartells my LLC say I was

0:48:38.680 --> 0:48:42.279
<v Speaker 7>never using co Cartel right, or I stopped using it,

0:48:42.760 --> 0:48:45.600
<v Speaker 7>or I was being really laxer, or I built this

0:48:45.880 --> 0:48:48.200
<v Speaker 7>LLC just to sell it. I could just sell the

0:48:48.400 --> 0:48:50.240
<v Speaker 7>LLC has nothing to do with the services of products,

0:48:50.560 --> 0:48:53.680
<v Speaker 7>just this business entity. I can sell a business entity,

0:48:54.080 --> 0:48:56.640
<v Speaker 7>and that what they call shelf companies. It's like a body.

0:48:57.040 --> 0:48:59.360
<v Speaker 7>But of course the body can't just have skeleton. It

0:48:59.400 --> 0:49:01.719
<v Speaker 7>has to have its skin and bones. That's why the

0:49:01.800 --> 0:49:04.080
<v Speaker 7>profile is important. So they add the skin and bones

0:49:04.160 --> 0:49:07.680
<v Speaker 7>via trade lines, via business transactions and things of that nature.

0:49:08.280 --> 0:49:11.200
<v Speaker 7>And that's the different strategy as well, So many strategies.

0:49:11.640 --> 0:49:13.680
<v Speaker 7>The excuse of I don't have the cash or credit

0:49:14.360 --> 0:49:16.759
<v Speaker 7>is an excuse me more. We can leverage somebody else's cash,

0:49:17.680 --> 0:49:21.120
<v Speaker 7>leverage somebody else's credit, like you judge somebody else's time.

0:49:21.239 --> 0:49:23.200
<v Speaker 3>So you talked about getting it from the dealership. You

0:49:23.320 --> 0:49:26.120
<v Speaker 3>talked about getting the cars from mom and pops. What

0:49:26.200 --> 0:49:29.399
<v Speaker 3>about auctions? Yeah, yeah, yeah, that process look like ye yeah.

0:49:29.520 --> 0:49:33.760
<v Speaker 3>So man, when, for example, say we got an accident.

0:49:34.520 --> 0:49:37.560
<v Speaker 3>So I say an NFL player gets his car crashed,

0:49:37.600 --> 0:49:39.000
<v Speaker 3>But no, he's no longer in the league. He's not

0:49:39.040 --> 0:49:40.320
<v Speaker 3>making the money like he used to make it, so

0:49:40.440 --> 0:49:43.000
<v Speaker 3>he can't pay for the maintenance on the car no more,

0:49:43.560 --> 0:49:44.200
<v Speaker 3>or can't pay.

0:49:44.080 --> 0:49:46.879
<v Speaker 6>To fix it whatever case, or just doesn't want to right.

0:49:47.239 --> 0:49:49.080
<v Speaker 6>That car is now sitting at the auto body shop,

0:49:49.400 --> 0:49:49.800
<v Speaker 6>just chilling.

0:49:50.440 --> 0:49:50.600
<v Speaker 2>Right.

0:49:50.960 --> 0:49:52.759
<v Speaker 7>So now if it sits there too long and the

0:49:52.800 --> 0:49:55.000
<v Speaker 7>person never picks up the car, they put a lien

0:49:55.080 --> 0:49:58.239
<v Speaker 7>on that car. They have the opportunity to either sell

0:49:58.239 --> 0:50:00.120
<v Speaker 7>it to auction after the lean or sell it to

0:50:00.160 --> 0:50:01.719
<v Speaker 7>you if you know better. If you pull up and say, yo,

0:50:01.800 --> 0:50:03.160
<v Speaker 7>any cars that you put on me, sell it to

0:50:03.239 --> 0:50:04.680
<v Speaker 7>me first, they'll send it to the auction.

0:50:05.040 --> 0:50:06.600
<v Speaker 6>Right or if it already went to the auction.

0:50:06.880 --> 0:50:08.560
<v Speaker 7>Most people think that you need a dealer's license to

0:50:08.880 --> 0:50:11.440
<v Speaker 7>buy cars at the auction, some du like Mike Manheim.

0:50:11.680 --> 0:50:13.839
<v Speaker 7>But there's a dealership, there's an auction where you don't

0:50:13.880 --> 0:50:16.000
<v Speaker 7>need a dealer's license that you can go there and

0:50:16.080 --> 0:50:19.840
<v Speaker 7>buy cars, cash cars, salvage cars. Right to road does

0:50:19.880 --> 0:50:21.880
<v Speaker 7>allow savage cars. But if you're doing personal bookings and

0:50:21.920 --> 0:50:24.120
<v Speaker 7>the car is straight and it's been checked out, you

0:50:24.160 --> 0:50:25.080
<v Speaker 7>can run out those cars.

0:50:25.520 --> 0:50:27.200
<v Speaker 6>You know what I'm saying. Those are the different strategies

0:50:27.200 --> 0:50:29.359
<v Speaker 6>how to do that? How do you feel about?

0:50:29.480 --> 0:50:31.440
<v Speaker 4>Like we see Hurts going under and a lot of

0:50:31.520 --> 0:50:35.759
<v Speaker 4>car dealership, well car rental places is going under. Yeah,

0:50:35.840 --> 0:50:37.600
<v Speaker 4>so it's an interesting to see the rise of Toro

0:50:37.680 --> 0:50:41.719
<v Speaker 4>and things that make sure what what's the disconnect?

0:50:41.880 --> 0:50:43.960
<v Speaker 6>Like, it's not like people don't need cars anymore. How

0:50:44.040 --> 0:50:46.319
<v Speaker 6>come the big boys are struggling right right?

0:50:46.400 --> 0:50:48.840
<v Speaker 7>I think it's because their business models. Obviously it's their

0:50:48.880 --> 0:50:51.120
<v Speaker 7>business model is different they have. For example, there'll be

0:50:51.160 --> 0:50:53.279
<v Speaker 7>one gym that shuts down, I think goes them also

0:50:53.360 --> 0:50:53.799
<v Speaker 7>shut down.

0:50:54.160 --> 0:50:55.440
<v Speaker 6>Another gym is thriving.

0:50:56.000 --> 0:50:58.400
<v Speaker 7>The only difference is the business model and the revenue

0:50:58.440 --> 0:51:01.840
<v Speaker 7>model and the certain the the capacity of services so

0:51:02.000 --> 0:51:02.360
<v Speaker 7>as we know.

0:51:02.480 --> 0:51:03.440
<v Speaker 6>Hurts budget.

0:51:03.640 --> 0:51:07.200
<v Speaker 7>All those those big companies in this cardinal space, they

0:51:07.280 --> 0:51:10.279
<v Speaker 7>have too many cars, right, they have either too many cars,

0:51:10.400 --> 0:51:11.920
<v Speaker 7>or they don't have the right cars that people actually

0:51:11.920 --> 0:51:14.000
<v Speaker 7>want to run out, or they're not serving the right market,

0:51:14.200 --> 0:51:16.759
<v Speaker 7>or they have limitations because they have limitations like you

0:51:16.920 --> 0:51:18.960
<v Speaker 7>have to be twenty five and older to get a car,

0:51:19.080 --> 0:51:20.640
<v Speaker 7>you have to have a credit card or debit card.

0:51:20.760 --> 0:51:23.640
<v Speaker 7>With this, they have different stipulations for you to get cars.

0:51:24.160 --> 0:51:27.000
<v Speaker 7>So at scale, larger companies are more prone.

0:51:26.719 --> 0:51:26.960
<v Speaker 2>To be.

0:51:28.680 --> 0:51:31.920
<v Speaker 7>Affected by a pandemic because it's a large scale business.

0:51:32.360 --> 0:51:35.000
<v Speaker 7>So for me, because I'm smaller, I'm able to pivot

0:51:35.120 --> 0:51:38.040
<v Speaker 7>more so on Turo when the pandemic had, it was

0:51:38.120 --> 0:51:41.640
<v Speaker 7>less bookings, but I was able to pivot to running

0:51:41.680 --> 0:51:43.640
<v Speaker 7>out to nurses when they came into town.

0:51:44.440 --> 0:51:46.719
<v Speaker 6>Nurses they were getting paid ten thousand dollars.

0:51:46.520 --> 0:51:53.160
<v Speaker 7>A month to help Atlanta with the Corona situation, to

0:51:53.320 --> 0:51:56.680
<v Speaker 7>leave their city in state and get flown out flewd

0:51:56.680 --> 0:51:58.920
<v Speaker 7>out to this specific state to help. But now this

0:51:59.160 --> 0:52:02.120
<v Speaker 7>nurse needs a place to stay in a car to drive.

0:52:02.880 --> 0:52:04.680
<v Speaker 7>So now that I know that they need these two things,

0:52:04.719 --> 0:52:06.919
<v Speaker 7>I can offer the airbnb and I can offer the cars.

0:52:07.280 --> 0:52:10.160
<v Speaker 7>And they have no problem paying five hundred to eight

0:52:10.280 --> 0:52:12.040
<v Speaker 7>hundred to twelve hundred dollars a month for the car

0:52:12.120 --> 0:52:14.720
<v Speaker 7>because they're getting paid ten thousands. So they just added

0:52:14.760 --> 0:52:17.200
<v Speaker 7>that to the budget. Some of these people, like these actresses,

0:52:17.600 --> 0:52:20.640
<v Speaker 7>the production teams actually pay for these cars for Yeah,

0:52:20.960 --> 0:52:22.759
<v Speaker 7>So there's so many different strategies when it comes to this.

0:52:23.360 --> 0:52:26.520
<v Speaker 7>And like I mentioned before, even during the pandemic where

0:52:26.920 --> 0:52:30.320
<v Speaker 7>Rose was the grocery's delivery and the Postmates and the

0:52:30.440 --> 0:52:32.600
<v Speaker 7>Uber eats and things that nature pivot, I.

0:52:32.600 --> 0:52:35.680
<v Speaker 4>See, this is one of these things that's probably one

0:52:35.680 --> 0:52:38.839
<v Speaker 4>of the more practical things that anybody can react because,

0:52:38.920 --> 0:52:40.239
<v Speaker 4>like I said, I mean, it's one thing. You can

0:52:40.320 --> 0:52:43.680
<v Speaker 4>start your own car rental business if you want. But

0:52:43.920 --> 0:52:45.960
<v Speaker 4>from my brain, even for me personally, I'm interested in

0:52:46.080 --> 0:52:48.600
<v Speaker 4>this because I feel like, like I explained you to

0:52:48.880 --> 0:52:52.200
<v Speaker 4>play with la and so that's like for me personally,

0:52:52.280 --> 0:52:55.240
<v Speaker 4>but the average person, like I said, you're just trying

0:52:55.280 --> 0:52:59.440
<v Speaker 4>to just save some money. So whether it's rent into

0:52:59.520 --> 0:53:01.840
<v Speaker 4>some people that you need, you know, a car for

0:53:01.960 --> 0:53:06.520
<v Speaker 4>the weekend, or Uber each driver make it makes sense

0:53:06.560 --> 0:53:09.200
<v Speaker 4>from the hours of four to eight o'clock at night.

0:53:09.640 --> 0:53:11.719
<v Speaker 4>You know, you come home from work and you're not

0:53:11.800 --> 0:53:13.279
<v Speaker 4>doing nothing at night anyway, that is.

0:53:13.520 --> 0:53:14.040
<v Speaker 2>What I was thinking.

0:53:14.560 --> 0:53:15.840
<v Speaker 6>Night workers think of that.

0:53:15.920 --> 0:53:17.880
<v Speaker 3>I was thinking, like the person who who gets on

0:53:17.920 --> 0:53:20.400
<v Speaker 3>the train at eight am, that makes seven thirty to

0:53:20.440 --> 0:53:22.959
<v Speaker 3>pick up. Time you get up the train at six pm,

0:53:23.600 --> 0:53:25.680
<v Speaker 3>you make six pm to drop off. You literally picking

0:53:25.760 --> 0:53:27.600
<v Speaker 3>up the car as you're coming home when you need.

0:53:27.480 --> 0:53:30.800
<v Speaker 6>It, or just the soccer mom or whatever.

0:53:30.960 --> 0:53:33.360
<v Speaker 4>That's like you know what I'm saying, the dad that

0:53:33.719 --> 0:53:36.080
<v Speaker 4>works a regular job, they traveling, but then they locking

0:53:36.120 --> 0:53:38.360
<v Speaker 4>in with their kids that night. And you know a

0:53:38.440 --> 0:53:41.480
<v Speaker 4>lot of people, the average person when they get home

0:53:41.520 --> 0:53:43.399
<v Speaker 4>at like six o'clock, they're not really leaving the house

0:53:43.440 --> 0:53:46.399
<v Speaker 4>after that. So from the hours and maybe like six

0:53:46.960 --> 0:53:51.399
<v Speaker 4>to ten, UBER each driver can rent your car.

0:53:51.840 --> 0:53:55.719
<v Speaker 6>That's a bar. See what I think about that. I

0:53:55.840 --> 0:53:56.600
<v Speaker 6>just learned that right now.

0:53:58.280 --> 0:53:59.279
<v Speaker 2>Welcome, learn your leasure man.

0:54:00.160 --> 0:54:02.879
<v Speaker 6>You know what I'm saying, It makes sense. It makes sense.

0:54:03.520 --> 0:54:06.279
<v Speaker 7>Damn, that's the most practical. Probably some people have a

0:54:06.320 --> 0:54:09.440
<v Speaker 7>problem with giving a car to somebody like a stranger.

0:54:09.880 --> 0:54:12.680
<v Speaker 7>But for me, I realized that when you go to

0:54:12.680 --> 0:54:14.680
<v Speaker 7>the dealership to get one car, you can get a

0:54:14.719 --> 0:54:16.640
<v Speaker 7>car for your personal use and a car for rental.

0:54:17.440 --> 0:54:19.440
<v Speaker 7>You can get two cars and have that one car

0:54:19.520 --> 0:54:20.080
<v Speaker 7>pay for both.

0:54:22.200 --> 0:54:24.440
<v Speaker 3>So so he plays on a day to day basis.

0:54:24.600 --> 0:54:26.800
<v Speaker 3>How involved are you in this right, because this is

0:54:26.840 --> 0:54:29.040
<v Speaker 3>a big operation. Well it sounds like it's not. You

0:54:29.120 --> 0:54:31.000
<v Speaker 3>call it a small business, but this is a big operation.

0:54:31.600 --> 0:54:34.920
<v Speaker 3>So you got to hire a team obviously, delegate roles.

0:54:35.400 --> 0:54:37.680
<v Speaker 3>How involved are you in the process on the day

0:54:37.719 --> 0:54:37.960
<v Speaker 3>to day?

0:54:38.040 --> 0:54:40.759
<v Speaker 7>Yeah, Now, I'm only involved in because I have a team.

0:54:40.920 --> 0:54:44.000
<v Speaker 7>So I was able to have people I trusted. I'm

0:54:44.040 --> 0:54:46.600
<v Speaker 7>in the part of a church organization and having these

0:54:46.680 --> 0:54:48.879
<v Speaker 7>cars and having these luxury cars and people having keys

0:54:48.920 --> 0:54:50.880
<v Speaker 7>to this, you need people that you can trust. So

0:54:51.080 --> 0:54:53.520
<v Speaker 7>because I have so many cars, I needed a team

0:54:53.560 --> 0:54:56.640
<v Speaker 7>that I trusted, and I have seven. One team handles

0:54:56.680 --> 0:54:59.560
<v Speaker 7>the protection lost call it what they call it lost

0:54:59.560 --> 0:55:02.120
<v Speaker 7>prevention in the retail space, to make sure that we

0:55:02.280 --> 0:55:04.000
<v Speaker 7>track the cars. So we have an app that we

0:55:04.040 --> 0:55:05.960
<v Speaker 7>can literally track every single car and where they're at

0:55:06.440 --> 0:55:08.080
<v Speaker 7>so that persons make sure they did that.

0:55:08.480 --> 0:55:09.760
<v Speaker 6>We have the check in and check out.

0:55:09.680 --> 0:55:14.880
<v Speaker 7>Team, accounting team, we have the customer support team, and

0:55:15.280 --> 0:55:17.560
<v Speaker 7>the buying team to make sure that we're always getting

0:55:17.560 --> 0:55:20.319
<v Speaker 7>the right cars going in and out selling cars use

0:55:20.360 --> 0:55:22.480
<v Speaker 7>the nature. So for me personally, I don't have to

0:55:22.560 --> 0:55:25.640
<v Speaker 7>do anything outside of just being a CEO, just over

0:55:26.000 --> 0:55:27.759
<v Speaker 7>like checking make sure everything got done for the.

0:55:27.760 --> 0:55:28.799
<v Speaker 2>Week, you know what I'm saying.

0:55:29.120 --> 0:55:33.160
<v Speaker 7>And my wife, Erica, miss Erica Pride, She's the queen

0:55:33.239 --> 0:55:35.440
<v Speaker 7>of managing to the point where I'm free, you know

0:55:35.480 --> 0:55:38.759
<v Speaker 7>what I'm saying. I'm free, free from all the frustrations

0:55:38.760 --> 0:55:40.520
<v Speaker 7>that I had in the early stages of the business.

0:55:40.600 --> 0:55:42.480
<v Speaker 2>We just we just figured out how you got the

0:55:42.560 --> 0:55:43.280
<v Speaker 2>time for clubhouse.

0:55:45.640 --> 0:55:48.279
<v Speaker 7>People will always try to look for passive income. When

0:55:48.320 --> 0:55:51.440
<v Speaker 7>you have a passive business that's creating passive impact, to

0:55:51.600 --> 0:55:52.120
<v Speaker 7>hop on that.

0:55:52.120 --> 0:55:55.680
<v Speaker 6>Club passive business creating passive impact.

0:55:55.719 --> 0:55:56.120
<v Speaker 3>I like that.

0:55:56.719 --> 0:56:00.759
<v Speaker 4>So it's like, all right, is Toro the same or

0:56:00.840 --> 0:56:03.520
<v Speaker 4>any of these car services? Are they the same as

0:56:03.640 --> 0:56:06.800
<v Speaker 4>like Airbnb where you just how do you actually get on,

0:56:07.040 --> 0:56:08.520
<v Speaker 4>like you just got to have an application? Do they

0:56:08.560 --> 0:56:09.680
<v Speaker 4>accept anybody or.

0:56:10.200 --> 0:56:13.560
<v Speaker 7>Yeah, you just the onboarding process was cement your ID,

0:56:13.880 --> 0:56:16.680
<v Speaker 7>just like Airbnb. And even if you want to drive

0:56:16.719 --> 0:56:19.319
<v Speaker 7>for Uber, you have to send your ID information where

0:56:19.360 --> 0:56:21.239
<v Speaker 7>you live, they vet that, they do a background, they

0:56:21.400 --> 0:56:23.120
<v Speaker 7>prove you on the platform and all and you get

0:56:23.160 --> 0:56:26.640
<v Speaker 7>to go. It's literally easier uploading your car than it

0:56:26.760 --> 0:56:29.880
<v Speaker 7>is making a Facebook profile. Literally upload the bit of

0:56:29.880 --> 0:56:33.719
<v Speaker 7>your car description, price it, your rules, rates, and the

0:56:34.040 --> 0:56:34.880
<v Speaker 7>plan that you want to be on.

0:56:35.120 --> 0:56:37.040
<v Speaker 6>When it comes to turo goodgo, how do you know

0:56:37.080 --> 0:56:38.680
<v Speaker 6>how to price it? Just what other people are charging.

0:56:38.800 --> 0:56:40.799
<v Speaker 7>So we do market research and see whatever the people

0:56:40.800 --> 0:56:42.880
<v Speaker 7>are charging and based off that then and it's in

0:56:43.000 --> 0:56:46.040
<v Speaker 7>the same cities, in the same area. So they charge

0:56:46.040 --> 0:56:49.719
<v Speaker 7>one hundred and fifty for a corvette charge for you

0:56:49.760 --> 0:56:50.279
<v Speaker 7>know what I'm saying.

0:56:51.080 --> 0:56:51.600
<v Speaker 6>You know what I'm saying.

0:56:52.120 --> 0:56:55.799
<v Speaker 3>So this is running out of just the Atlanta try

0:56:56.120 --> 0:56:58.480
<v Speaker 3>I guess, not even try to state, but the Metro. Yeah,

0:56:58.560 --> 0:57:01.080
<v Speaker 3>Metro line up and we are you thinking about expanding

0:57:01.120 --> 0:57:02.480
<v Speaker 3>to throughout the state of Georgia.

0:57:02.960 --> 0:57:03.919
<v Speaker 6>States That's a good question.

0:57:04.040 --> 0:57:06.359
<v Speaker 7>So for me, I'm actually in this business not even

0:57:06.600 --> 0:57:09.120
<v Speaker 7>for the cash flow, because I was actually making more

0:57:09.160 --> 0:57:12.560
<v Speaker 7>money with less cars because I had less overhead. So

0:57:12.600 --> 0:57:15.320
<v Speaker 7>I'm actually leveraging this business to have an opportunity to

0:57:15.400 --> 0:57:18.880
<v Speaker 7>hire people. I'm leveraging this business as an opportunity to

0:57:18.960 --> 0:57:21.960
<v Speaker 7>be able to network. So when these celebrities coming into town,

0:57:22.040 --> 0:57:24.560
<v Speaker 7>I'm a plug. I have a car for you and

0:57:24.720 --> 0:57:26.800
<v Speaker 7>the condo. So it's not just about the cash flow,

0:57:26.840 --> 0:57:28.480
<v Speaker 7>because there's other reasons.

0:57:28.200 --> 0:57:29.600
<v Speaker 2>And in this business.

0:57:29.760 --> 0:57:33.080
<v Speaker 6>So how did you get airbnbs? Like, do you do

0:57:33.160 --> 0:57:33.680
<v Speaker 6>that before?

0:57:34.360 --> 0:57:36.480
<v Speaker 7>Or I was one of the first. Yeah, every b

0:57:36.720 --> 0:57:40.360
<v Speaker 7>was after I dabbled. I listed my condo just to

0:57:40.400 --> 0:57:42.760
<v Speaker 7>see what people do. I listed my condo back in

0:57:42.800 --> 0:57:45.400
<v Speaker 7>twenty fourteen for three point fifty just to see if

0:57:45.520 --> 0:57:46.280
<v Speaker 7>somebody will but night.

0:57:46.520 --> 0:57:48.680
<v Speaker 6>Yeah, and somebody booked it to cancel it because I

0:57:48.720 --> 0:57:53.400
<v Speaker 6>was living there. But I was surprised that somebody paid

0:57:53.440 --> 0:57:54.400
<v Speaker 6>three fifty at night for my.

0:57:54.440 --> 0:57:57.960
<v Speaker 7>Spot because when it comes to my payments, I'm playing

0:57:58.280 --> 0:58:00.480
<v Speaker 7>my spot with thirty two hundred dollars a month. What's

0:58:00.520 --> 0:58:02.920
<v Speaker 7>that fifty to seventy dollars a day? Somebody will pay

0:58:02.960 --> 0:58:05.720
<v Speaker 7>me three fifty a day? Said that blew my mind.

0:58:05.960 --> 0:58:08.400
<v Speaker 6>But I tuck that. I put a sticky note on

0:58:08.440 --> 0:58:09.959
<v Speaker 6>that if I ever need to rent out of my spot.

0:58:10.200 --> 0:58:10.800
<v Speaker 2>I know how to do it.

0:58:11.560 --> 0:58:13.360
<v Speaker 6>Yeah, so I was already familiar with it off of

0:58:13.440 --> 0:58:16.280
<v Speaker 6>that test. But I was doing the cars naturally.

0:58:16.320 --> 0:58:18.200
<v Speaker 7>People were asking me, yo, do you have a condo

0:58:18.240 --> 0:58:19.640
<v Speaker 7>to stay because they were going to get my car

0:58:19.680 --> 0:58:20.920
<v Speaker 7>and go to airbnbay.

0:58:20.960 --> 0:58:21.960
<v Speaker 6>You don't got to do that no more.

0:58:21.960 --> 0:58:23.880
<v Speaker 7>I'll get an Airbnb. We can do all the same place.

0:58:23.960 --> 0:58:26.160
<v Speaker 7>To the point where I was putting my Airbnb listings

0:58:26.200 --> 0:58:29.240
<v Speaker 7>on my hero profile. The pictures, so you look at

0:58:29.240 --> 0:58:30.960
<v Speaker 7>the pictures of the car and that you'll like, right,

0:58:31.080 --> 0:58:32.720
<v Speaker 7>You're like, oh dah, you got a condown too, We're

0:58:32.800 --> 0:58:34.440
<v Speaker 7>in there, and they'll inquire that way.

0:58:34.440 --> 0:58:37.240
<v Speaker 4>It's a package Packe, because when you travel and you're

0:58:37.240 --> 0:58:39.160
<v Speaker 4>living in a perfect city.

0:58:41.640 --> 0:58:42.680
<v Speaker 6>That being that resource.

0:58:42.720 --> 0:58:43.960
<v Speaker 7>I don't even call it the plug. I was the

0:58:44.080 --> 0:58:48.120
<v Speaker 7>extension court in that situation. I was doing so much

0:58:48.160 --> 0:58:51.439
<v Speaker 7>to plugging people in. Jason Mister two weeks out, my guy,

0:58:52.360 --> 0:58:55.840
<v Speaker 7>he said, Lamar owed them. His guy hit him up.

0:58:55.840 --> 0:58:57.080
<v Speaker 7>He said, hey, do you know anybody who has an

0:58:57.120 --> 0:59:00.520
<v Speaker 7>Airbnb space? And because Lamar told him he had a

0:59:00.600 --> 0:59:02.480
<v Speaker 7>house in Atlanta, but it wasn't finished being built, so

0:59:02.560 --> 0:59:04.120
<v Speaker 7>he needed a place to be in until it was

0:59:04.160 --> 0:59:08.400
<v Speaker 7>done so because I had my amby b Jason knew

0:59:08.400 --> 0:59:11.240
<v Speaker 7>I had the Airbnbs, he plugged me in. I wouldn't

0:59:11.240 --> 0:59:13.040
<v Speaker 7>be able to have a relationship with an NBA player

0:59:13.080 --> 0:59:15.320
<v Speaker 7>that I used to watch every night back home for

0:59:15.440 --> 0:59:17.720
<v Speaker 7>my favorite team Lakers. If I didn't have a resource,

0:59:17.960 --> 0:59:19.920
<v Speaker 7>that was going to be an asset to him, right,

0:59:19.960 --> 0:59:21.920
<v Speaker 7>And that's that was crucial. Once I realized that that

0:59:22.080 --> 0:59:24.080
<v Speaker 7>the loose top of places can happen, I started getting

0:59:24.080 --> 0:59:28.160
<v Speaker 7>more Airbnb units. I started building relationships with Wile twenty

0:59:28.200 --> 0:59:30.360
<v Speaker 7>one Savage and twenty one Savage living Atlanta.

0:59:30.600 --> 0:59:37.920
<v Speaker 6>But he's always booking my spot Airbnb. Yeah why boy,

0:59:38.360 --> 0:59:38.640
<v Speaker 6>tell you.

0:59:40.680 --> 0:59:42.120
<v Speaker 2>I better question. You've got a lot.

0:59:50.160 --> 0:59:54.320
<v Speaker 6>He's another clubhouse champion. Yeah yeah, easy. So that's crazy.

0:59:54.320 --> 0:59:56.000
<v Speaker 6>I not even thought about like that. You you you're

0:59:56.080 --> 0:59:59.160
<v Speaker 6>using it for like really networking? Oh? Yes, leverage is

0:59:59.160 --> 0:59:59.960
<v Speaker 6>a great networking tool.

1:00:00.360 --> 1:00:02.640
<v Speaker 7>Yeah, it's And I like being I like doing businesses

1:00:02.680 --> 1:00:05.000
<v Speaker 7>that are trendy. So when somebody says to Row, I

1:00:05.040 --> 1:00:08.560
<v Speaker 7>can be in that conversation and add value. Somebody mentions Airbnb,

1:00:08.920 --> 1:00:10.720
<v Speaker 7>I could be in that conversation and add value.

1:00:11.240 --> 1:00:13.920
<v Speaker 6>That's that's one of my key things. My core value

1:00:14.080 --> 1:00:15.480
<v Speaker 6>is resourcefulness.

1:00:15.920 --> 1:00:18.200
<v Speaker 7>I want to be as resourceful as possible, so I

1:00:18.280 --> 1:00:21.040
<v Speaker 7>know what businesses are shaking, whether E commerce, whether it's

1:00:21.040 --> 1:00:23.720
<v Speaker 7>airbb too, row stocks. I want to be able to

1:00:24.000 --> 1:00:25.440
<v Speaker 7>tap into all those things so I can be a

1:00:25.520 --> 1:00:28.040
<v Speaker 7>resource for those who aren't privy to those opportunities.

1:00:28.040 --> 1:00:29.680
<v Speaker 4>Well it makes sense now because you was a party promoter.

1:00:31.200 --> 1:00:33.560
<v Speaker 4>I don't even connect that done. That was la that

1:00:33.840 --> 1:00:37.320
<v Speaker 4>lay connect. That's the ultimate plug. Like the party promoters,

1:00:38.320 --> 1:00:38.840
<v Speaker 4>what do you need?

1:00:38.920 --> 1:00:39.480
<v Speaker 6>I got everything.

1:00:39.840 --> 1:00:41.680
<v Speaker 7>Most party promoters they don't know what to do after

1:00:41.720 --> 1:00:44.440
<v Speaker 7>they get people in those doors. If they get the

1:00:44.480 --> 1:00:46.000
<v Speaker 7>celebrity in there, they don't know what to do with

1:00:46.080 --> 1:00:49.880
<v Speaker 7>the masterwords. They don't have other businesses or other opportunities

1:00:49.920 --> 1:00:53.080
<v Speaker 7>to help facilitate that relationship and nurture that relationship.

1:00:52.720 --> 1:00:55.720
<v Speaker 6>Outside the club stops there till the next body. Yeah,

1:00:55.840 --> 1:00:57.200
<v Speaker 6>you're just a promoter. Now that's it.

1:00:57.760 --> 1:00:58.280
<v Speaker 2>You know what I'm saying.

1:00:58.360 --> 1:01:00.400
<v Speaker 6>We can be more of an asset, way more if

1:01:00.400 --> 1:01:01.400
<v Speaker 6>we can figure out what people need.

1:01:01.520 --> 1:01:04.320
<v Speaker 4>How much Like I know it depends on Gio graphics

1:01:04.360 --> 1:01:08.360
<v Speaker 4>and but like on like on average, if somebody wanted

1:01:08.360 --> 1:01:11.360
<v Speaker 4>to start like a car rental business, how much can

1:01:11.680 --> 1:01:14.160
<v Speaker 4>can they like expect to make, Like what's a good

1:01:14.240 --> 1:01:15.600
<v Speaker 4>number to hit each car?

1:01:15.680 --> 1:01:18.520
<v Speaker 7>I just use the parameters of each car, So each

1:01:18.640 --> 1:01:24.120
<v Speaker 7>car from anywhere from zero to what I was making

1:01:24.160 --> 1:01:26.360
<v Speaker 7>twenty six hundred dollars per car, depending on the top

1:01:26.400 --> 1:01:28.560
<v Speaker 7>of car. If you got a Lambo, if your homie

1:01:28.560 --> 1:01:30.600
<v Speaker 7>has a lambau like for example, right now, I'm at

1:01:30.640 --> 1:01:32.320
<v Speaker 7>the stage in this business where people want to ship

1:01:32.400 --> 1:01:36.120
<v Speaker 7>me their Lambos from La Right. They were like, yo, bro,

1:01:36.240 --> 1:01:38.240
<v Speaker 7>I don't drive this car. I'm just sitting here paying

1:01:38.280 --> 1:01:40.800
<v Speaker 7>this five hundred dollars a month. Let me ship it

1:01:40.840 --> 1:01:42.120
<v Speaker 7>to the Lambo and can you rent it out for me?

1:01:42.200 --> 1:01:42.600
<v Speaker 2>Make money?

1:01:43.000 --> 1:01:43.160
<v Speaker 6>Right?

1:01:43.320 --> 1:01:46.760
<v Speaker 7>And a Lambo can run out for what seventeen hundred

1:01:46.760 --> 1:01:50.160
<v Speaker 7>dollars a day? The car notes probably seventeen hundred dollars. Right,

1:01:50.480 --> 1:01:53.400
<v Speaker 7>even my ight, my brand new Corvette, my Carnal with

1:01:53.400 --> 1:01:56.439
<v Speaker 7>my Carvette twelve hundred dollars, that car is getting running

1:01:56.440 --> 1:01:58.000
<v Speaker 7>it out right now for eight hundred dollars a day,

1:01:59.400 --> 1:02:00.160
<v Speaker 7>eight hundred.

1:01:59.880 --> 1:02:00.680
<v Speaker 6>Dollar the easy.

1:02:01.440 --> 1:02:03.840
<v Speaker 7>So all depends on the car, the business model, what

1:02:03.920 --> 1:02:05.440
<v Speaker 7>you want to do, because like you mentioned before, you

1:02:05.480 --> 1:02:07.720
<v Speaker 7>can do short term rentals or long term rentals or

1:02:07.800 --> 1:02:11.600
<v Speaker 7>hourly rentals all dependents. Typically somebody nobody's gonna really do

1:02:11.680 --> 1:02:15.000
<v Speaker 7>a short term hourly rental for a Honda Accord, but

1:02:15.080 --> 1:02:16.440
<v Speaker 7>they might do it for a sling shot, one of

1:02:16.480 --> 1:02:18.280
<v Speaker 7>my sling shots. They'll do rent it out for an hour,

1:02:18.560 --> 1:02:22.040
<v Speaker 7>one hundred and fifty dollars for an hour, or a supercar.

1:02:22.400 --> 1:02:23.880
<v Speaker 7>They just want to go to the little restaurant with

1:02:23.960 --> 1:02:25.560
<v Speaker 7>their girl for two hours. I rent it out for

1:02:25.600 --> 1:02:27.520
<v Speaker 7>two hours. I don't need it all night. All depends

1:02:27.560 --> 1:02:28.240
<v Speaker 7>on the type of car.

1:02:29.000 --> 1:02:34.320
<v Speaker 3>So pre covid, Yeah, were you getting into entertainment space

1:02:34.360 --> 1:02:36.919
<v Speaker 3>where actually like production companies or like y need cars.

1:02:37.520 --> 1:02:41.400
<v Speaker 7>That was happening all the casting directors, the video teams,

1:02:41.520 --> 1:02:43.560
<v Speaker 7>production teams, they'll call me, you got a car, We

1:02:43.680 --> 1:02:47.280
<v Speaker 7>need a car for this video weddings, wedding, the people

1:02:47.320 --> 1:02:48.120
<v Speaker 7>who organize the weddings.

1:02:48.120 --> 1:02:50.240
<v Speaker 6>I forgot with their call, but they hit me up.

1:02:50.320 --> 1:02:52.920
<v Speaker 7>You got any white Bentley's You got a white as

1:02:52.960 --> 1:02:56.040
<v Speaker 7>fifty white manserrity, anything white really does good with the

1:02:56.040 --> 1:02:56.640
<v Speaker 7>wedding space.

1:02:57.000 --> 1:02:59.080
<v Speaker 6>But just being a resource and through that, I'm starting

1:02:59.120 --> 1:02:59.800
<v Speaker 6>to meet everybody.

1:03:00.160 --> 1:03:02.680
<v Speaker 7>I'm pulling up my car and find out that an

1:03:02.840 --> 1:03:06.320
<v Speaker 7>agent book my car for a super celebrity, a listener celebrity,

1:03:06.320 --> 1:03:08.200
<v Speaker 7>and now I'm connected with the celebrity in that aspect.

1:03:08.440 --> 1:03:10.960
<v Speaker 6>I do marketing as a trade, So now I'm finishing

1:03:11.040 --> 1:03:13.760
<v Speaker 6>my marketing plans room because of this car. It was

1:03:13.800 --> 1:03:16.320
<v Speaker 6>a tool, the extension extension car.

1:03:18.200 --> 1:03:20.240
<v Speaker 4>So you figured the game out, and you know what

1:03:20.240 --> 1:03:22.200
<v Speaker 4>I'm saying. Obviously you know you're doing good for yourself,

1:03:22.240 --> 1:03:24.320
<v Speaker 4>and you figured out the Airbnb and you figure out

1:03:24.320 --> 1:03:27.120
<v Speaker 4>the tooral side. At what point do you get into

1:03:27.160 --> 1:03:29.360
<v Speaker 4>the education space and start to teach people about this?

1:03:29.600 --> 1:03:32.000
<v Speaker 6>So here's the here's the real play. The real play was.

1:03:32.120 --> 1:03:34.640
<v Speaker 6>I knew I was going to be teaching it before

1:03:34.680 --> 1:03:35.160
<v Speaker 6>I started.

1:03:36.280 --> 1:03:36.560
<v Speaker 2>This is.

1:03:38.640 --> 1:03:39.400
<v Speaker 6>Because think about it.

1:03:39.760 --> 1:03:42.320
<v Speaker 7>Anytime somebody does something successful, what's the question that most

1:03:42.360 --> 1:03:43.840
<v Speaker 7>people ask when they see them doing something?

1:03:44.600 --> 1:03:45.160
<v Speaker 2>How did you do it?

1:03:46.080 --> 1:03:49.120
<v Speaker 6>Put me on internship something.

1:03:49.960 --> 1:03:51.960
<v Speaker 7>Most people when we get asked, yo, how did you

1:03:52.080 --> 1:03:55.800
<v Speaker 7>do it? Most people say, just work hard, grind hard, fluff,

1:03:56.360 --> 1:03:59.560
<v Speaker 7>straight fluff. We need the bars, we need the details.

1:04:00.240 --> 1:04:02.360
<v Speaker 7>How much money did you spend? How many cars did

1:04:02.400 --> 1:04:04.720
<v Speaker 7>you have? What was the good things that happened? Well,

1:04:04.720 --> 1:04:06.680
<v Speaker 7>the bad things that happened. It wasn't just you, So

1:04:06.720 --> 1:04:08.280
<v Speaker 7>who was the part of your team. We need all

1:04:08.360 --> 1:04:11.600
<v Speaker 7>those details because most people never document in the process.

1:04:12.240 --> 1:04:15.760
<v Speaker 7>They themselves don't know. They can't articulate or even share

1:04:16.040 --> 1:04:18.520
<v Speaker 7>how they did it. They know they put into sweat equity.

1:04:18.600 --> 1:04:21.200
<v Speaker 7>They grind it hard because that's all they knew they did.

1:04:21.240 --> 1:04:22.320
<v Speaker 7>That's all they tell people they did.

1:04:22.400 --> 1:04:24.600
<v Speaker 6>I just grinded hard. I didn't go to sleep. I

1:04:24.680 --> 1:04:25.160
<v Speaker 6>worked hard.

1:04:25.480 --> 1:04:27.440
<v Speaker 7>But if you can document the process, which I did,

1:04:27.960 --> 1:04:32.440
<v Speaker 7>I documented since day one. I utilized Instagram stories to

1:04:32.560 --> 1:04:36.520
<v Speaker 7>document my day. Most people they treat stories like what

1:04:36.680 --> 1:04:39.680
<v Speaker 7>it's called a story. So I'm telling my story day

1:04:39.720 --> 1:04:40.240
<v Speaker 7>to day.

1:04:40.200 --> 1:04:43.120
<v Speaker 6>Using the specific platform. So people saw when I got

1:04:43.200 --> 1:04:45.400
<v Speaker 6>my first car, they can just scroll back into the archives.

1:04:45.880 --> 1:04:46.080
<v Speaker 8>Dang.

1:04:46.160 --> 1:04:48.040
<v Speaker 7>I remember Maddy got his first car, Tesla, and he

1:04:48.120 --> 1:04:50.640
<v Speaker 7>saw his first guest. And now they can see that

1:04:50.720 --> 1:04:53.120
<v Speaker 7>I have forty eight cars now because they saw the journey.

1:04:53.600 --> 1:04:55.800
<v Speaker 7>But that's not good enough. I need to package this

1:04:55.880 --> 1:04:59.320
<v Speaker 7>information into a content that people can really dive in

1:04:59.640 --> 1:05:02.320
<v Speaker 7>and do implicate this process or replicated for themselves how

1:05:02.360 --> 1:05:04.640
<v Speaker 7>they want to. But as educator, my job isn't to

1:05:04.680 --> 1:05:06.080
<v Speaker 7>say yo, if you do it like me, you're going

1:05:06.160 --> 1:05:07.640
<v Speaker 7>to get the same results. Now my job is to

1:05:07.680 --> 1:05:11.120
<v Speaker 7>present opportunities that exists, and then you pick out these opportunities.

1:05:11.320 --> 1:05:14.240
<v Speaker 6>This won't makes sense for me in my situation, scenario, circumstance.

1:05:14.480 --> 1:05:16.200
<v Speaker 4>And it's one of those things where it's like, you know,

1:05:16.280 --> 1:05:20.840
<v Speaker 4>I love the entrepreneurs that have created online curriculums because

1:05:21.320 --> 1:05:23.800
<v Speaker 4>it's like one of the things that nineteen Keys said

1:05:23.800 --> 1:05:26.680
<v Speaker 4>Shout out the nineteen Keys on the podcast is he

1:05:26.760 --> 1:05:32.000
<v Speaker 4>said everything that the school system didn't teach us as

1:05:32.120 --> 1:05:35.800
<v Speaker 4>created opportunities for us to teach at a much cheaper price.

1:05:35.840 --> 1:05:37.360
<v Speaker 4>If you think about like you going to college and

1:05:37.400 --> 1:05:40.040
<v Speaker 4>you spend in thirty thousand and forty thousand dollars, you

1:05:40.160 --> 1:05:42.000
<v Speaker 4>buy a course for a couple of thousand, I mean

1:05:42.280 --> 1:05:45.280
<v Speaker 4>in there that's more probably valuable than your college degree

1:05:45.400 --> 1:05:49.000
<v Speaker 4>because it's specific. Yeah, like this is I want to okay,

1:05:49.080 --> 1:05:51.520
<v Speaker 4>I want to have a car rental business. You can't

1:05:51.520 --> 1:05:53.440
<v Speaker 4>go to college to have a car rental business.

1:05:53.680 --> 1:05:54.200
<v Speaker 2>So what do you do?

1:05:54.280 --> 1:05:56.040
<v Speaker 4>You either google your life away and try to figure

1:05:56.040 --> 1:05:58.720
<v Speaker 4>out hopefully you make it, or you just follow a

1:05:58.840 --> 1:06:02.880
<v Speaker 4>proven blueprint by somebody that's already been successful, that's actually

1:06:03.000 --> 1:06:05.320
<v Speaker 4>documented it. They put it in a nice video format

1:06:05.760 --> 1:06:08.160
<v Speaker 4>and it's a step by step. They have the whole

1:06:08.200 --> 1:06:10.280
<v Speaker 4>thing laid out for you and you just got to

1:06:10.320 --> 1:06:12.760
<v Speaker 4>follow the blueprint. And for me, it's like it's been

1:06:12.800 --> 1:06:15.720
<v Speaker 4>a game changer because I've actually seen it. How you know,

1:06:15.880 --> 1:06:19.520
<v Speaker 4>whether it's Wall Street trapped, whether it's MG the mortgage guy,

1:06:19.520 --> 1:06:21.400
<v Speaker 4>whether it's him five hundred, and it's like it's not

1:06:21.560 --> 1:06:25.320
<v Speaker 4>necessarily like. One of the things that we heard that

1:06:25.560 --> 1:06:28.920
<v Speaker 4>was the best is like, no school is judged by

1:06:29.960 --> 1:06:32.840
<v Speaker 4>the teachers or the principals.

1:06:33.000 --> 1:06:36.680
<v Speaker 6>The school is judged by the students. Oh, students, students,

1:06:37.800 --> 1:06:38.760
<v Speaker 6>the success of the students.

1:06:38.800 --> 1:06:41.920
<v Speaker 4>And when you when you have about Howard University, when

1:06:41.920 --> 1:06:47.280
<v Speaker 4>you have about Harvard Yale, they don't reference the founders.

1:06:47.360 --> 1:06:51.120
<v Speaker 4>They referenced Bill Gates went here, and this guy went here,

1:06:51.120 --> 1:06:53.120
<v Speaker 4>and Mark Zucker even if they dropped out, they went there.

1:06:53.360 --> 1:06:55.920
<v Speaker 4>Puffy went like, now what I'm saying, So the school

1:06:56.000 --> 1:06:58.920
<v Speaker 4>is only as good as the students. And now, so

1:06:59.040 --> 1:07:03.000
<v Speaker 4>I said to say, I'm watching the online entrepreneurs, I'm

1:07:03.040 --> 1:07:06.320
<v Speaker 4>not Yeah, these guys are successful, But for me, it's

1:07:06.400 --> 1:07:10.120
<v Speaker 4>the actual success stories that I'm hearing from the students.

1:07:10.160 --> 1:07:11.960
<v Speaker 6>Seeing that you know, who kills the game of that

1:07:12.360 --> 1:07:17.760
<v Speaker 6>Alex Good Energy Yep, member of success.

1:07:17.840 --> 1:07:19.720
<v Speaker 4>You know what's so crazy? He just DMed me like

1:07:19.800 --> 1:07:22.360
<v Speaker 4>an hour ago and he was like, check out this

1:07:22.440 --> 1:07:24.600
<v Speaker 4>caption and it was one of his portal members and

1:07:24.680 --> 1:07:27.800
<v Speaker 4>it was like, Yo, buying this portal it changed my

1:07:27.840 --> 1:07:33.040
<v Speaker 4>whole life. I'm on my third truck testimonies, no more success.

1:07:33.880 --> 1:07:36.080
<v Speaker 2>Like you said, the success dope sells itself.

1:07:37.200 --> 1:07:40.280
<v Speaker 4>That's a fact. So I said to say, man, it's

1:07:40.760 --> 1:07:45.760
<v Speaker 4>it's dope. So exactly what's in your your curriculum?

1:07:46.160 --> 1:07:49.960
<v Speaker 7>Yeah, the play same thing everything I did. I documented

1:07:50.000 --> 1:07:54.000
<v Speaker 7>this story, everything I just mentioned today. It's more visual

1:07:54.080 --> 1:07:56.720
<v Speaker 7>because I have the pictures to prove it. I got

1:07:56.800 --> 1:07:59.960
<v Speaker 7>to step by step, hold your hand, I got to receive.

1:08:00.400 --> 1:08:02.680
<v Speaker 7>I got the excels. I'm really transparent. That's one of

1:08:02.720 --> 1:08:06.760
<v Speaker 7>my other core values outside of resourcefulness. Transparency. I really

1:08:07.400 --> 1:08:10.240
<v Speaker 7>And the reason why I'm so transparent because usually when

1:08:10.240 --> 1:08:11.880
<v Speaker 7>I'm talking, I'm really animated people.

1:08:12.000 --> 1:08:14.000
<v Speaker 6>Some people probably listen to me like, Yo, this dude

1:08:14.080 --> 1:08:16.519
<v Speaker 6>is cap He's lying. Ain't no way he got thirty

1:08:16.520 --> 1:08:19.280
<v Speaker 6>three cars in two weeks. Who I understand.

1:08:19.400 --> 1:08:20.760
<v Speaker 7>Let me just show you because I can show you better.

1:08:20.800 --> 1:08:22.720
<v Speaker 7>I can tell you so that's that allowed me to

1:08:22.800 --> 1:08:25.040
<v Speaker 7>be more of a documentary. If I can be able

1:08:25.080 --> 1:08:28.400
<v Speaker 7>to show seats, I got their seats, so I show

1:08:28.439 --> 1:08:29.040
<v Speaker 7>those receipts.

1:08:29.280 --> 1:08:30.959
<v Speaker 6>When I realized most people because.

1:08:30.720 --> 1:08:33.080
<v Speaker 7>I didn't need a course, because I can't sit there

1:08:33.120 --> 1:08:34.640
<v Speaker 7>and say you needed this course to be successful, I

1:08:34.640 --> 1:08:36.920
<v Speaker 7>didn't take the course. What I can do is I

1:08:36.960 --> 1:08:39.599
<v Speaker 7>can help expedict the process for you. What I can

1:08:39.760 --> 1:08:41.800
<v Speaker 7>do is give you encouragement to hope. I think that's

1:08:41.840 --> 1:08:45.440
<v Speaker 7>really what the value of the course is, community accountability

1:08:45.720 --> 1:08:48.840
<v Speaker 7>and encouragement because a lot of people don't have didn't

1:08:48.840 --> 1:08:50.679
<v Speaker 7>have the same belief system my day when I started.

1:08:51.160 --> 1:08:53.439
<v Speaker 7>I believe that I can get fifty cars and have

1:08:53.560 --> 1:08:56.599
<v Speaker 7>no issue, and you can't really teach that. So that's

1:08:56.640 --> 1:08:59.200
<v Speaker 7>where the community aspect comes to. Community for me is

1:08:59.640 --> 1:09:02.280
<v Speaker 7>common unity. So I want to gather all the people

1:09:02.360 --> 1:09:06.280
<v Speaker 7>who want to turn those liabilities into assets together so

1:09:06.360 --> 1:09:08.599
<v Speaker 7>we can be able to move farther together in this situation.

1:09:08.880 --> 1:09:09.400
<v Speaker 6>That's the fact.

1:09:09.520 --> 1:09:12.160
<v Speaker 4>So you know, in true Eyo fashion, you know, we

1:09:12.320 --> 1:09:15.479
<v Speaker 4>bring all kinds of entrepreneurs on and like a lot

1:09:15.520 --> 1:09:17.479
<v Speaker 4>of them have curriculums, whether it's MG the mortgage guy,

1:09:17.560 --> 1:09:20.479
<v Speaker 4>whether it's him five hundred Wall Street Trapper, and we

1:09:20.640 --> 1:09:22.719
<v Speaker 4>encourage that, you know, I love it. I get courses

1:09:22.760 --> 1:09:24.439
<v Speaker 4>all the time. The craziest thing in the world was

1:09:24.439 --> 1:09:26.080
<v Speaker 4>when Mark Cuban told me that he buys course. I

1:09:26.120 --> 1:09:26.800
<v Speaker 4>don't know if you watched that.

1:09:27.800 --> 1:09:29.519
<v Speaker 6>He was like, that was a crazy shout out.

1:09:31.840 --> 1:09:32.560
<v Speaker 2>I appreciate that.

1:09:33.080 --> 1:09:36.400
<v Speaker 6>Signed everything I've been saying, everybody tell me. It was

1:09:36.479 --> 1:09:38.240
<v Speaker 6>so crazy. When he said, I'm like asking him, like,

1:09:38.280 --> 1:09:39.920
<v Speaker 6>how many hours a day do you spend learning? He's

1:09:39.960 --> 1:09:40.519
<v Speaker 6>like all day.

1:09:40.880 --> 1:09:42.840
<v Speaker 4>He's like I buy I buy books, I buy da

1:09:42.920 --> 1:09:44.920
<v Speaker 4>da da da, buy online courses and I'm like, you

1:09:45.000 --> 1:09:45.200
<v Speaker 4>buy it.

1:09:45.400 --> 1:09:46.800
<v Speaker 6>It's like, yeah, like I tap in.

1:09:47.000 --> 1:09:49.560
<v Speaker 4>So I say that to say, you know, one of

1:09:49.600 --> 1:09:51.919
<v Speaker 4>things that we always you know, try to encourage entrepreneurs

1:09:51.960 --> 1:09:54.160
<v Speaker 4>when they come on the platform is to give a

1:09:54.240 --> 1:09:58.120
<v Speaker 4>special offer that nobody else has, you know, especially the

1:09:58.200 --> 1:10:03.640
<v Speaker 4>Eyo community, and that EJ obliged. So you set up

1:10:03.640 --> 1:10:07.800
<v Speaker 4>a website. The website is car Rental Game eyl dot

1:10:07.920 --> 1:10:11.559
<v Speaker 4>com and it's gonna be hundred five hundred dollars off

1:10:12.200 --> 1:10:15.400
<v Speaker 4>of the course. And once again, the course teaches you

1:10:15.560 --> 1:10:17.799
<v Speaker 4>everything you need to know to start a car rental business,

1:10:18.040 --> 1:10:19.560
<v Speaker 4>whether you actually want to have a whole fleet of

1:10:19.640 --> 1:10:21.120
<v Speaker 4>cars like he does, or whether you want to just

1:10:21.160 --> 1:10:23.640
<v Speaker 4>supplement your income and do and do you know just

1:10:23.720 --> 1:10:25.640
<v Speaker 4>the one car that you have, or whether you're trying to.

1:10:26.160 --> 1:10:29.680
<v Speaker 6>Live like me and go from New York to LA

1:10:29.800 --> 1:10:30.640
<v Speaker 6>or whatever your player is.

1:10:30.720 --> 1:10:32.599
<v Speaker 4>That's the great thing about this whole car rental place

1:10:33.120 --> 1:10:35.680
<v Speaker 4>space is that there's so many different plays for you.

1:10:35.880 --> 1:10:38.920
<v Speaker 4>So if you're interested, you can go to car rental

1:10:39.040 --> 1:10:43.439
<v Speaker 4>game e y L dot com for five hundred dollars off.

1:10:43.520 --> 1:10:46.400
<v Speaker 4>That's exclusive. You're not gonna find that price serve else

1:10:46.560 --> 1:10:48.880
<v Speaker 4>on the internet. It's the cheapest that you can possibly get.

1:10:49.600 --> 1:10:51.759
<v Speaker 4>And yeah, if you're looking to invest in your education,

1:10:51.880 --> 1:10:54.160
<v Speaker 4>you can take it from there. Maddy J has been

1:10:54.240 --> 1:10:56.720
<v Speaker 4>a pleasure, my brother. What would you like to tell

1:10:56.760 --> 1:10:58.680
<v Speaker 4>the people social media handles.

1:10:58.320 --> 1:10:58.640
<v Speaker 2>All of that.

1:10:59.120 --> 1:11:03.200
<v Speaker 7>Definitely I'm seeing J and I'm known as a digital

1:11:03.400 --> 1:11:05.760
<v Speaker 7>real estate investor. Right A lot of times we get

1:11:05.800 --> 1:11:09.200
<v Speaker 7>on social media or even when we buy website domains.

1:11:09.560 --> 1:11:12.479
<v Speaker 7>Domain literally means you own territory on the world wide Web.

1:11:13.040 --> 1:11:15.639
<v Speaker 7>So if you own territory on that worldwide Web, let's

1:11:15.680 --> 1:11:21.400
<v Speaker 7>be landscapers, can contractors, let's be investors and buy, fix, flip,

1:11:21.880 --> 1:11:25.519
<v Speaker 7>build different businesses on this worldwide web, so we can

1:11:25.560 --> 1:11:27.960
<v Speaker 7>create assets that we can also pass down. We already

1:11:28.000 --> 1:11:29.840
<v Speaker 7>know about the importance of real estate in the real world,

1:11:29.920 --> 1:11:31.800
<v Speaker 7>same thing in the digital world. So you can find

1:11:31.880 --> 1:11:36.439
<v Speaker 7>me on CEO medij, my Instagram handle Clubhouse, coo Maj,

1:11:36.600 --> 1:11:38.280
<v Speaker 7>even my website ceomaj dot com.

1:11:38.800 --> 1:11:43.800
<v Speaker 6>That digital real estate, like ben' that's crucial worldwide. Shout

1:11:43.800 --> 1:11:47.240
<v Speaker 6>out to bw O everybody else. Shout out.

1:11:48.760 --> 1:11:49.160
<v Speaker 2>The guys.

1:11:49.320 --> 1:11:51.960
<v Speaker 6>Yeah, yeah, shout out to the guys man Troy Housekeeping item.

1:11:52.000 --> 1:11:53.600
<v Speaker 2>Yeah. Shout to everybody on Patreon dot com.

1:11:53.720 --> 1:11:56.519
<v Speaker 3>Y'all know that's ow proud to pay program to five members,

1:11:57.040 --> 1:11:59.439
<v Speaker 3>you have access to e y L University, the number

1:11:59.479 --> 1:12:03.040
<v Speaker 3>one place business, entrepreneurism and anything finance, number one in

1:12:03.080 --> 1:12:05.160
<v Speaker 3>the world. Really, so shout to all the earners out

1:12:05.200 --> 1:12:07.880
<v Speaker 3>of there and shout everybody that is supporting the merch.

1:12:08.040 --> 1:12:10.720
<v Speaker 3>The e y L University merged the Assets of A

1:12:10.800 --> 1:12:13.840
<v Speaker 3>liability shirts and we got that shot got them special

1:12:13.880 --> 1:12:15.800
<v Speaker 3>sneakers man. Shout to shout out to the Assets of

1:12:15.800 --> 1:12:17.880
<v Speaker 3>A liabilities. They call them the asset ones.

1:12:18.000 --> 1:12:21.040
<v Speaker 6>I like that, I like I like that.

1:12:21.600 --> 1:12:24.000
<v Speaker 2>I like that. Shout out to the asset Ones and uh.

1:12:25.920 --> 1:12:26.479
<v Speaker 6>They released it.

1:12:26.840 --> 1:12:34.680
<v Speaker 2>Check his speak. Yeah, shout and.

1:12:36.240 --> 1:12:39.160
<v Speaker 6>Shut the bike everybody. You know what I'm saying. You know,

1:12:39.200 --> 1:12:42.240
<v Speaker 6>what you guys are doing is really special. Appreciate I

1:12:42.280 --> 1:12:42.840
<v Speaker 6>appreciate that.

1:12:42.920 --> 1:12:44.000
<v Speaker 2>So we appreciate all y'all.

1:12:44.000 --> 1:12:46.000
<v Speaker 4>Thank you, and shout out to Mattie too, because yeah,

1:12:46.040 --> 1:12:49.599
<v Speaker 4>he not only does he do car rental, he's actually

1:12:49.800 --> 1:12:52.759
<v Speaker 4>a renaissance man and he he created a whole curriculum

1:12:52.880 --> 1:12:56.280
<v Speaker 4>on uh for how to make your online university. And

1:12:56.439 --> 1:12:59.240
<v Speaker 4>of course you know we have e y L University.

1:12:59.600 --> 1:13:02.040
<v Speaker 4>So when he was talking about the game on you know,

1:13:02.160 --> 1:13:04.560
<v Speaker 4>how to actually what he said made a lot of

1:13:04.640 --> 1:13:07.960
<v Speaker 4>sense was like, the model of education.

1:13:09.080 --> 1:13:09.559
<v Speaker 6>Isn't bad.

1:13:09.720 --> 1:13:12.479
<v Speaker 4>Isn't bad, it's the implementation of it, right, You talked

1:13:12.479 --> 1:13:13.640
<v Speaker 4>about that a little bit before we leave.

1:13:13.720 --> 1:13:14.880
<v Speaker 6>Yeah that was a bar.

1:13:15.120 --> 1:13:19.160
<v Speaker 7>Yeah, it's because like a lot of us entrepreneurs, we

1:13:19.360 --> 1:13:23.720
<v Speaker 7>pooh pooh on traditional schooling systems. What we're really poo

1:13:23.760 --> 1:13:26.600
<v Speaker 7>pooing on is the curriculums. What they haven't been teaching us.

1:13:26.880 --> 1:13:30.280
<v Speaker 7>The system in itself, it works. They have a grading system,

1:13:30.360 --> 1:13:34.080
<v Speaker 7>accountability system, they have mascots to help with the.

1:13:34.280 --> 1:13:40.560
<v Speaker 6>Feeling school spirit, school spirit. They have the orientation test, exams.

1:13:40.760 --> 1:13:43.040
<v Speaker 7>All those things allow somebody to move from first grade

1:13:43.080 --> 1:13:45.280
<v Speaker 7>to second grade, third grade, fourth and so on. But

1:13:45.400 --> 1:13:47.439
<v Speaker 7>as soon as we graduated out of high school, we

1:13:47.520 --> 1:13:48.479
<v Speaker 7>no longer had that system.

1:13:48.720 --> 1:13:50.000
<v Speaker 6>If you can go to college, it's.

1:13:49.880 --> 1:13:52.200
<v Speaker 7>More like freestyle. So we're all over the place freestyling.

1:13:52.800 --> 1:13:56.400
<v Speaker 7>So nowadays we shouldn't poo poo on college system. We

1:13:56.439 --> 1:13:58.160
<v Speaker 7>should just put who on a curriculum and that gives

1:13:58.240 --> 1:14:00.400
<v Speaker 7>Like nineteen said, we shouldn't be complain and it gave

1:14:00.479 --> 1:14:01.960
<v Speaker 7>us an opportunity to be able to teach it.

1:14:02.360 --> 1:14:03.240
<v Speaker 6>So we should be happy.

1:14:03.600 --> 1:14:06.400
<v Speaker 7>But the structure of colleges, the structure of high schools

1:14:06.439 --> 1:14:08.600
<v Speaker 7>and school systems, still need to be in place. So

1:14:08.720 --> 1:14:12.160
<v Speaker 7>for all us educators in the infotainment space or the

1:14:12.520 --> 1:14:15.400
<v Speaker 7>entrepreneur space, we still need to model the things that

1:14:15.479 --> 1:14:16.719
<v Speaker 7>allow colleges to exist.

1:14:16.760 --> 1:14:21.160
<v Speaker 6>To this day, colleges are traditionally education is recession proof.

1:14:22.479 --> 1:14:22.920
<v Speaker 2>Keep real.

1:14:24.080 --> 1:14:25.320
<v Speaker 6>You can talk all you want about is.

1:14:25.360 --> 1:14:26.840
<v Speaker 2>Go be here enfotainment.

1:14:27.080 --> 1:14:27.760
<v Speaker 6>Now, that's the fact.

1:14:27.800 --> 1:14:29.320
<v Speaker 4>When you said that, it was like we already had

1:14:29.320 --> 1:14:31.559
<v Speaker 4>a lot of those systems in place, but even more

1:14:31.840 --> 1:14:34.120
<v Speaker 4>And when you told me that and then you showed

1:14:34.120 --> 1:14:36.360
<v Speaker 4>me the whole thing. I'm like, nah, this is definitely

1:14:36.400 --> 1:14:38.360
<v Speaker 4>something that and we've actually implemented a lot of those

1:14:38.360 --> 1:14:40.599
<v Speaker 4>things in the university. Like you said, I mean, it's

1:14:40.640 --> 1:14:43.719
<v Speaker 4>already one hundred years old. You don't have to reinvent

1:14:43.760 --> 1:14:47.439
<v Speaker 4>the wheel. You just have to actually take good. Everything

1:14:47.479 --> 1:14:51.040
<v Speaker 4>has good and bad. You take the good, you spit

1:14:51.120 --> 1:14:53.040
<v Speaker 4>out the bad, and then you put your your and

1:14:53.120 --> 1:14:54.400
<v Speaker 4>now you just have a better product.

1:14:54.479 --> 1:14:56.920
<v Speaker 6>Facts. So yeah, that was that was a.

1:14:56.960 --> 1:15:02.320
<v Speaker 4>Gym for sure to god man. You know well Ryal University.

1:15:02.360 --> 1:15:06.360
<v Speaker 4>Of course that's the premier premiss So yes, Mattie J.

1:15:06.520 --> 1:15:09.000
<v Speaker 4>Once again, if you're interested in getting the exclusive of

1:15:09.040 --> 1:15:13.600
<v Speaker 4>five hundred dollars off the Master Master program when it

1:15:13.680 --> 1:15:16.559
<v Speaker 4>comes to starting a guitar business and getting your foot

1:15:16.640 --> 1:15:20.360
<v Speaker 4>up and running, go to car Rental game e y

1:15:20.520 --> 1:15:21.439
<v Speaker 4>L dot com.

1:15:22.040 --> 1:15:23.720
<v Speaker 6>We'll see you on the other side. Thank you guys

1:15:23.760 --> 1:15:25.559
<v Speaker 6>for rocking with us. We'll see you next week. Peace.

1:15:25.680 --> 1:15:31.880
<v Speaker 5>Please, my graduates from my school being forced back drop

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<v Speaker 5>bag Drop Mike drop back drop drop.

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