1 00:00:00,040 --> 00:00:03,600 Speaker 1: An illegal alien from Guatemala charged with raping a child 2 00:00:03,680 --> 00:00:07,480 Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador 3 00:00:07,720 --> 00:00:11,840 Speaker 1: accused of murdering a Texas man of Venezuelan charged with 4 00:00:11,920 --> 00:00:15,840 Speaker 1: filming and selling child pornography in Michigan. These are just 5 00:00:15,920 --> 00:00:19,680 Speaker 1: some of the heinous migrant criminals caught because of President 6 00:00:19,720 --> 00:00:23,320 Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States 7 00:00:23,320 --> 00:00:28,120 Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border 8 00:00:28,160 --> 00:00:31,680 Speaker 1: crossings are at the lowest levels ever recorded, and over 9 00:00:31,760 --> 00:00:34,960 Speaker 1: one hundred thousand illegal aliens have been arrested. If you 10 00:00:35,040 --> 00:00:38,920 Speaker 1: are here illegally, your next you will be fined nearly 11 00:00:39,000 --> 00:00:43,000 Speaker 1: one thousand dollars a day, imprisoned, and deported. You will 12 00:00:43,040 --> 00:00:46,680 Speaker 1: never return. But if you register using our CBP home 13 00:00:46,720 --> 00:00:50,120 Speaker 1: app and leave now, you could be allowed to return legally. 14 00:00:50,479 --> 00:00:55,240 Speaker 1: Do what's right. Leave now. Under President Trump, America's laws, 15 00:00:55,400 --> 00:00:57,840 Speaker 1: border and families will be protected. 16 00:00:57,920 --> 00:01:00,520 Speaker 2: Sponsored by the United States Department of Homeland Security. Is 17 00:01:00,560 --> 00:01:04,800 Speaker 2: Twitter the perfect blueprint for what most tech companies should 18 00:01:04,880 --> 00:01:10,240 Speaker 2: do to make companies profitable in this new era? Yes. 19 00:01:11,040 --> 00:01:16,080 Speaker 2: Short answer is yes. I think because of quantitative easing 20 00:01:16,360 --> 00:01:21,080 Speaker 2: and the money flowing easily and everyone on Instagram telling 21 00:01:21,080 --> 00:01:24,480 Speaker 2: everyone to be entrepreneurs. That they confused the audience and 22 00:01:24,640 --> 00:01:28,840 Speaker 2: to thinking that it was easy to grow, scale and 23 00:01:28,880 --> 00:01:33,720 Speaker 2: be profitable. Now going into this recession, which I called 24 00:01:34,400 --> 00:01:37,520 Speaker 2: November of last year, you have to find a way. 25 00:01:37,560 --> 00:01:40,040 Speaker 2: And I've been telling my team this even when I 26 00:01:40,080 --> 00:01:43,600 Speaker 2: went to the street. Normally, you know CNBC, their shows 27 00:01:43,760 --> 00:01:47,319 Speaker 2: have a bigger set. Kramer himself is down to him 28 00:01:47,400 --> 00:01:51,720 Speaker 2: a producer in three screens as big as mat Money is. 29 00:01:51,800 --> 00:01:54,720 Speaker 2: I'm watching the halftime report shout out to God. I 30 00:01:54,760 --> 00:01:58,320 Speaker 2: mean everyone I met there, everyone's producing. Like when I 31 00:01:58,360 --> 00:02:00,040 Speaker 2: was talking to Loon, I'm like, you have to be 32 00:02:00,160 --> 00:02:02,760 Speaker 2: able to create your own segments, be your own field producer. 33 00:02:03,120 --> 00:02:04,760 Speaker 2: We see you, guys. You got to be able to shoot, 34 00:02:05,040 --> 00:02:10,520 Speaker 2: audio engineer, edit, color, grade, and do social The world 35 00:02:10,600 --> 00:02:13,240 Speaker 2: is changing. The era that from twenty twenty three to 36 00:02:13,320 --> 00:02:16,640 Speaker 2: twenty thirty is if you are not able to do 37 00:02:16,720 --> 00:02:19,280 Speaker 2: the job of five people, you will not be hired. 38 00:02:20,360 --> 00:02:24,240 Speaker 2: This goes for every business genre and behind the scenes. 39 00:02:24,880 --> 00:02:27,960 Speaker 2: What Elon has done, even though it's been sloppy, A 40 00:02:28,000 --> 00:02:31,640 Speaker 2: lot of venture capital firms are now expecting companies to 41 00:02:31,639 --> 00:02:33,840 Speaker 2: do the same thing that he is doing, which is 42 00:02:33,880 --> 00:02:37,320 Speaker 2: to have a lighter staff produce higher returns, and it 43 00:02:37,360 --> 00:02:40,320 Speaker 2: also gives you a longer runway for capital, so you 44 00:02:40,320 --> 00:02:42,320 Speaker 2: have more capital in your business and you don't have 45 00:02:42,400 --> 00:02:44,960 Speaker 2: as short of a runway. So companies that were thinking 46 00:02:44,960 --> 00:02:48,160 Speaker 2: about maybe going out of business in twelve months by 47 00:02:48,200 --> 00:02:52,440 Speaker 2: scaling down their workforce, they not have twenty four thirty 48 00:02:52,440 --> 00:02:56,120 Speaker 2: six months of cash available. You're going to see every 49 00:02:56,200 --> 00:03:00,079 Speaker 2: major tech company and as much as I hate to say, 50 00:03:00,240 --> 00:03:02,440 Speaker 2: because I've had a chance to meet some great people, 51 00:03:02,440 --> 00:03:05,400 Speaker 2: a meta meta probably needs to cut fifty percent of 52 00:03:05,440 --> 00:03:09,080 Speaker 2: their workforce in order to be viable. We're going to 53 00:03:09,080 --> 00:03:12,200 Speaker 2: see this at scale. As a person, if you have 54 00:03:12,240 --> 00:03:15,600 Speaker 2: a job or if you're an entrepreneur, wanted to I 55 00:03:15,600 --> 00:03:18,079 Speaker 2: can't say it, but I'll give you guys a rounded number. 56 00:03:18,960 --> 00:03:22,400 Speaker 2: I asked someone on the floor. I'm like, hey, I 57 00:03:22,440 --> 00:03:25,800 Speaker 2: saw a trade to get preferential treatment. She's now going 58 00:03:25,840 --> 00:03:27,360 Speaker 2: to become partner. I said, hey, what does she do 59 00:03:27,400 --> 00:03:29,800 Speaker 2: to become partner? He said, she replaced the work of 60 00:03:29,840 --> 00:03:33,560 Speaker 2: ten people, and one year with people who were here 61 00:03:33,639 --> 00:03:36,800 Speaker 2: with me four or five years prior. And one year 62 00:03:37,000 --> 00:03:40,680 Speaker 2: she replaced ten These were not low level and these 63 00:03:40,720 --> 00:03:45,040 Speaker 2: were big dogs, and she came in and replaced minimum 64 00:03:45,080 --> 00:03:47,280 Speaker 2: of ten. That's I'll always go back to risk to reward. 65 00:03:47,320 --> 00:03:50,000 Speaker 2: If I'm putting a dollar in, can I get ten out? 66 00:03:50,040 --> 00:03:51,720 Speaker 2: Can I get eleven out? Can I get fifty? If 67 00:03:51,760 --> 00:03:55,600 Speaker 2: I can get fifty, I'll do that all day. So, yes, 68 00:03:56,440 --> 00:03:58,480 Speaker 2: this era, we're going to have to go back to 69 00:03:58,520 --> 00:04:01,520 Speaker 2: being ultra efficient because the capital is not there. In 70 00:04:01,560 --> 00:04:04,080 Speaker 2: a recession, you have to make drastic cuts in order 71 00:04:04,120 --> 00:04:05,640 Speaker 2: to be more successful. 72 00:04:06,680 --> 00:04:08,840 Speaker 3: Yeah, I'm with you on that, And now I think 73 00:04:08,880 --> 00:04:11,920 Speaker 3: of it, you're dead on, especially in this space, and 74 00:04:11,920 --> 00:04:14,000 Speaker 3: you've seen it a lot of times when we're on 75 00:04:14,040 --> 00:04:17,480 Speaker 3: the road. You're like, waits, you're doing everything, and it's like, yeah, 76 00:04:17,520 --> 00:04:19,680 Speaker 3: we do everything because we want to know every piece 77 00:04:19,680 --> 00:04:22,120 Speaker 3: of our business. But it makes it more efficient, right, 78 00:04:22,120 --> 00:04:24,200 Speaker 3: We're not even thinking of the standpoint like, yeah, we're 79 00:04:24,240 --> 00:04:26,000 Speaker 3: more profitable because we don't have to pay people to 80 00:04:26,040 --> 00:04:28,600 Speaker 3: do it. At some point we obviously do, but it's like, 81 00:04:29,080 --> 00:04:31,400 Speaker 3: we want to know how to make this work even 82 00:04:31,440 --> 00:04:33,159 Speaker 3: if no one's here. And so if you're talking about 83 00:04:33,200 --> 00:04:35,640 Speaker 3: from that from a tech standpoint, it makes perfect sense 84 00:04:35,680 --> 00:04:39,080 Speaker 3: to cut back and figure out who's the most skilled, right, 85 00:04:39,160 --> 00:04:41,159 Speaker 3: not even how many skills do you have, but who's 86 00:04:41,200 --> 00:04:43,279 Speaker 3: the most skilled because the most skilled person is probably 87 00:04:43,279 --> 00:04:45,240 Speaker 3: going to be the most efficient one that's going to 88 00:04:45,279 --> 00:04:48,960 Speaker 3: get the job done at an expedited time. I'm thinking 89 00:04:48,960 --> 00:04:51,040 Speaker 3: about it from the standpoint and when we're looking at 90 00:04:51,040 --> 00:04:54,080 Speaker 3: tech companies, because you said it was sloppy, and if 91 00:04:54,120 --> 00:04:56,120 Speaker 3: you look at the reports of the inverse of what's 92 00:04:56,120 --> 00:04:58,200 Speaker 3: happened obviously with the Twitter, but what has it done 93 00:04:58,240 --> 00:05:01,039 Speaker 3: to the other company that he also you know owns, right, 94 00:05:01,080 --> 00:05:04,680 Speaker 3: so that inverse of how it's affected the Tesla stock, 95 00:05:05,440 --> 00:05:08,719 Speaker 3: it's been a negative impact just because of how you know, 96 00:05:08,800 --> 00:05:12,000 Speaker 3: the investment is going to Twitter and people are trying 97 00:05:12,000 --> 00:05:13,960 Speaker 3: to figure out how is this going to be profitable? 98 00:05:14,120 --> 00:05:16,440 Speaker 3: Will it affect the other company? Up? Like that's the 99 00:05:16,480 --> 00:05:17,839 Speaker 3: piece is interesting to me as well. 100 00:05:19,320 --> 00:05:24,760 Speaker 2: The truth is great company, but Tesla is highly overvalue. 101 00:05:24,920 --> 00:05:28,479 Speaker 2: And I would argue if John Malali was there or 102 00:05:28,560 --> 00:05:30,800 Speaker 2: any other American car exact. 103 00:05:32,000 --> 00:05:34,200 Speaker 4: This episode is brought to you by P and C Bank. 104 00:05:34,640 --> 00:05:37,400 Speaker 4: A lot of people think podcasts about work are boring, 105 00:05:37,600 --> 00:05:41,440 Speaker 4: and sure they definitely can be, but understanding a professionals 106 00:05:41,520 --> 00:05:44,760 Speaker 4: routine shows us how they achieve their success little by little, 107 00:05:45,160 --> 00:05:48,800 Speaker 4: day after day. 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Let's Square handle the back end so you 134 00:07:18,360 --> 00:07:21,200 Speaker 4: can keep pushing your vision forward. 135 00:07:22,240 --> 00:07:25,920 Speaker 1: An illegal alien from Guatemala charged with raping a child 136 00:07:25,920 --> 00:07:29,720 Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador 137 00:07:30,000 --> 00:07:34,120 Speaker 1: accused of murdering a Texas man of Venezuelan charged with 138 00:07:34,200 --> 00:07:38,080 Speaker 1: filming and selling child pornography in Michigan. These are just 139 00:07:38,160 --> 00:07:41,960 Speaker 1: some of the heinous migrant criminals caught because of President 140 00:07:41,960 --> 00:07:45,560 Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States 141 00:07:45,560 --> 00:07:50,360 Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border 142 00:07:50,400 --> 00:07:53,960 Speaker 1: crossings are at the lowest levels ever recorded, and over 143 00:07:54,000 --> 00:07:57,240 Speaker 1: one hundred thousand illegal aliens have been arrested. If you 144 00:07:57,280 --> 00:08:01,160 Speaker 1: were here illegally, your next you will be fine nearly 145 00:08:01,240 --> 00:08:05,280 Speaker 1: one thousand dollars a day. Imprisoned and deported, you will 146 00:08:05,280 --> 00:08:08,920 Speaker 1: never return. But if you register using our CBP home 147 00:08:09,000 --> 00:08:12,360 Speaker 1: app and leave now. You could be allowed to return legally. 148 00:08:12,720 --> 00:08:17,480 Speaker 1: Do what's right. Leave now. Under President Trump America's laws, 149 00:08:17,640 --> 00:08:20,080 Speaker 1: border and families will be protected. 150 00:08:20,200 --> 00:08:22,760 Speaker 2: Sponsored by the United States Department of Homeland Security Executive. 151 00:08:23,600 --> 00:08:26,640 Speaker 2: The price of Tesla now would have been there last year. 152 00:08:27,320 --> 00:08:29,200 Speaker 2: The only reason that the value of Tesla was so 153 00:08:29,240 --> 00:08:32,000 Speaker 2: high is because he's sitting in that seat. But I 154 00:08:32,000 --> 00:08:34,840 Speaker 2: think everyone is thinking too short sighted. We're in a recession, 155 00:08:35,120 --> 00:08:37,400 Speaker 2: even though they won't announce it breaking news, we're in 156 00:08:37,400 --> 00:08:42,679 Speaker 2: a recession. And if he's able to get this SpaceX 157 00:08:42,760 --> 00:08:51,000 Speaker 2: off and the neuralink thing show icon living Jaden Smith, right, different, 158 00:08:52,080 --> 00:08:57,160 Speaker 2: different level of wealth, easy to tree million dollars, right, 159 00:08:57,320 --> 00:09:00,240 Speaker 2: So I think, and I've said it before and I'll 160 00:09:00,240 --> 00:09:02,080 Speaker 2: say it again. Please listen to please write this down. 161 00:09:02,440 --> 00:09:04,800 Speaker 2: The stock market is at the actual price where it 162 00:09:04,840 --> 00:09:07,720 Speaker 2: should be once they took the steroids out of the market. 163 00:09:08,000 --> 00:09:10,880 Speaker 2: I don't want to tell you anything though, Apple, Microsoft, 164 00:09:10,920 --> 00:09:14,200 Speaker 2: as much as we fight it. And then you know, 165 00:09:14,240 --> 00:09:16,840 Speaker 2: I make the statement about going into cybersecurity, and people 166 00:09:16,840 --> 00:09:19,720 Speaker 2: are like, oh, they wouldn't do it. Why wouldn't they. 167 00:09:19,880 --> 00:09:22,600 Speaker 2: Now Apple is announced they're gonna finally put out that car, 168 00:09:22,720 --> 00:09:25,240 Speaker 2: and while put it in a group text, the reason 169 00:09:25,280 --> 00:09:30,160 Speaker 2: why they're launching that car in that particular year, Please 170 00:09:30,200 --> 00:09:33,120 Speaker 2: be mindful. There's only maybe ten or fifteen great companies. 171 00:09:33,559 --> 00:09:36,080 Speaker 2: You don't need more information. You need to double down 172 00:09:36,080 --> 00:09:38,520 Speaker 2: and put more capital into the companies that run the 173 00:09:38,520 --> 00:09:41,400 Speaker 2: world so you can be rich. The question is do 174 00:09:41,480 --> 00:09:43,400 Speaker 2: you want to be rich or do you want to 175 00:09:43,440 --> 00:09:47,920 Speaker 2: debate and not be accountable? Because the truth is, whenever 176 00:09:48,440 --> 00:09:50,520 Speaker 2: trail shall, I get to Dubaio, whoever the hell they're 177 00:09:50,520 --> 00:09:55,920 Speaker 2: going right, and I get next to King Griffin that citadel, 178 00:09:56,200 --> 00:09:58,280 Speaker 2: and four years when you run into us, my first 179 00:09:58,360 --> 00:09:59,880 Speaker 2: question is to you is going to be that you 180 00:10:00,040 --> 00:10:01,599 Speaker 2: put in enough work for you to make ten or 181 00:10:01,640 --> 00:10:05,800 Speaker 2: fifteen million dollars in a year. You have the same 182 00:10:05,840 --> 00:10:07,920 Speaker 2: information that we have. And the crazy part is, I'm 183 00:10:07,920 --> 00:10:11,480 Speaker 2: giving away all my real information in real time. Are 184 00:10:11,520 --> 00:10:14,560 Speaker 2: you building every day? They just told you Robert is 185 00:10:14,600 --> 00:10:17,280 Speaker 2: already rich, but he is still up and punctual every day. 186 00:10:17,679 --> 00:10:19,959 Speaker 2: Put in chat. Yes, And for the last three hundred 187 00:10:19,960 --> 00:10:21,719 Speaker 2: and sixty five days, you haven't missed it day at work, 188 00:10:21,760 --> 00:10:26,280 Speaker 2: no matter what happened in your life. The recession proves 189 00:10:26,360 --> 00:10:28,960 Speaker 2: who really And we hear all these stories in nineteen 190 00:10:29,000 --> 00:10:31,800 Speaker 2: twenty nine and ninety nine and two thousand and one 191 00:10:31,880 --> 00:10:35,080 Speaker 2: about people who seize opportunities. I don't see enough people seizing. 192 00:10:35,240 --> 00:10:37,719 Speaker 2: I see too many people talking, and I want to 193 00:10:37,720 --> 00:10:40,679 Speaker 2: see you guys back right. So I think, Elon, although 194 00:10:40,720 --> 00:10:44,120 Speaker 2: it was sloppy, things are going to change. And if 195 00:10:44,520 --> 00:10:46,400 Speaker 2: that happens in Silicon Valley, what do you think is 196 00:10:46,440 --> 00:10:49,040 Speaker 2: going to happen in the middle of America. I told you 197 00:10:49,040 --> 00:10:53,760 Speaker 2: guys a story. Apple team has a two trillion dollar 198 00:10:53,800 --> 00:10:56,760 Speaker 2: cash fund that is managed by seven people. It is 199 00:10:56,760 --> 00:10:59,520 Speaker 2: a minimum requirement for everybody in Red Panda Rebellion to 200 00:10:59,520 --> 00:11:01,520 Speaker 2: bring in ten million dollars themselves. You would not be 201 00:11:01,559 --> 00:11:06,920 Speaker 2: on the team. How I need fifty people for if 202 00:11:06,960 --> 00:11:09,680 Speaker 2: they have seven. But and if you want to be 203 00:11:09,840 --> 00:11:13,440 Speaker 2: an asset to a team, you got episode of and 204 00:11:13,480 --> 00:11:16,200 Speaker 2: liabilities this week? No, you have the final season revolt 205 00:11:16,280 --> 00:11:23,040 Speaker 2: time to renew. I appreciate you, brother, But if you 206 00:11:23,160 --> 00:11:25,400 Speaker 2: want to be an asset to a team, find out 207 00:11:25,440 --> 00:11:27,520 Speaker 2: how you can come in and ten x the business 208 00:11:27,640 --> 00:11:29,760 Speaker 2: or five x the business. It's an easy way to 209 00:11:29,760 --> 00:11:32,760 Speaker 2: get a job. I think the era of easy jobs, 210 00:11:33,280 --> 00:11:37,360 Speaker 2: easy partnerships, easy stocks, easy NFTs, which will crumble and 211 00:11:37,400 --> 00:11:39,640 Speaker 2: I said they will fall, and no one believe me. 212 00:11:40,520 --> 00:11:43,880 Speaker 2: It's going now. We're in the era of the super producer, 213 00:11:45,120 --> 00:11:46,559 Speaker 2: and it's going to get to a point where you're 214 00:11:46,559 --> 00:11:48,040 Speaker 2: going to have the five X for ten x and 215 00:11:48,040 --> 00:11:50,760 Speaker 2: shit just to get in the door. Otherwise you can 216 00:11:50,800 --> 00:11:52,319 Speaker 2: do it in a own and keep the capital costs down. 217 00:11:54,520 --> 00:11:59,400 Speaker 2: What are your thought capital have to Yeah, think you 218 00:11:59,480 --> 00:12:02,400 Speaker 2: hit a nail on the head. Anything you want to 219 00:12:02,400 --> 00:12:03,280 Speaker 2: add to that, Troy. 220 00:12:03,160 --> 00:12:05,120 Speaker 3: No, I think that you edited it perfectly. Keep the 221 00:12:05,160 --> 00:12:07,760 Speaker 3: capitol calls down. Find the most efficient people. That's gonna 222 00:12:07,760 --> 00:12:10,880 Speaker 3: be the theme of this week, right Look, I'm do 223 00:12:10,960 --> 00:12:13,280 Speaker 3: an analysis of the people that you're around, especially in 224 00:12:13,320 --> 00:12:17,480 Speaker 3: business and entrepreneur in the entrepreneurial world, who is adding 225 00:12:17,600 --> 00:12:19,600 Speaker 3: value at the most efficient level. 226 00:12:20,320 --> 00:12:24,760 Speaker 2: Everybody don't make the cut. It hurt too, boy, everybody 227 00:12:24,760 --> 00:12:26,080 Speaker 2: don't get twenty three. 228 00:12:26,800 --> 00:12:29,840 Speaker 3: Subtract the week links about the chaining rise and start raining. 229 00:12:30,480 --> 00:12:31,400 Speaker 3: Let's be more efficient. 230 00:12:34,120 --> 00:12:39,360 Speaker 4: My graduates from my school being forced back drop b drop, 231 00:12:40,000 --> 00:12:42,440 Speaker 4: Mike drop back drop drop. 232 00:12:52,800 --> 00:12:56,480 Speaker 1: An illegal alien from Guatemala charged with raping a child 233 00:12:56,520 --> 00:12:59,920 Speaker 1: in Massachusetts. An MS thirteen gang member from el self 234 00:13:00,559 --> 00:13:04,680 Speaker 1: accused of murdering a Texas man of Venezuelan charged with 235 00:13:04,760 --> 00:13:08,640 Speaker 1: filming and selling child pornography in Michigan. These are just 236 00:13:08,760 --> 00:13:12,520 Speaker 1: some of the heinous migrant criminals caught because of President 237 00:13:12,559 --> 00:13:16,080 Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States 238 00:13:16,160 --> 00:13:20,960 Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border 239 00:13:20,960 --> 00:13:24,520 Speaker 1: crossings are at the lowest levels ever recorded, and over 240 00:13:24,600 --> 00:13:27,800 Speaker 1: one hundred thousand illegal aliens have been arrested. If you 241 00:13:27,880 --> 00:13:31,720 Speaker 1: are here illegally, your next you will be fined nearly 242 00:13:31,800 --> 00:13:35,840 Speaker 1: one thousand dollars a day, imprisoned, and deported. You will 243 00:13:35,880 --> 00:13:39,520 Speaker 1: never return. But if you register using our CBP home 244 00:13:39,559 --> 00:13:42,920 Speaker 1: app and leave now, you could be allowed to return legally. 245 00:13:43,320 --> 00:13:48,040 Speaker 1: Do what's right. Leave now. Under President Trump, America's laws, 246 00:13:48,240 --> 00:13:50,680 Speaker 1: border and families will be protected. 247 00:13:50,760 --> 00:13:52,880 Speaker 2: Sponsored by the United States Department of Homeland Security.