WEBVTT - Scholars Corner: WHAT DO LEAKED TWITTER FILES TELL US?

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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 be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security. Is

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<v Speaker 2>Twitter the perfect blueprint for what most tech companies should

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<v Speaker 2>do to make companies profitable in this new era? Yes.

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<v Speaker 2>Short answer is yes. I think because of quantitative easing

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<v Speaker 2>and the money flowing easily and everyone on Instagram telling

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<v Speaker 2>everyone to be entrepreneurs. That they confused the audience and

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<v Speaker 2>to thinking that it was easy to grow, scale and

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<v Speaker 2>be profitable. Now going into this recession, which I called

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<v Speaker 2>November of last year, you have to find a way.

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<v Speaker 2>And I've been telling my team this even when I

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<v Speaker 2>went to the street. Normally, you know CNBC, their shows

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<v Speaker 2>have a bigger set. Kramer himself is down to him

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<v Speaker 2>a producer in three screens as big as mat Money is.

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<v Speaker 2>I'm watching the halftime report shout out to God. I

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<v Speaker 2>mean everyone I met there, everyone's producing. Like when I

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<v Speaker 2>was talking to Loon, I'm like, you have to be

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<v Speaker 2>able to create your own segments, be your own field producer.

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<v Speaker 2>We see you, guys. You got to be able to shoot,

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<v Speaker 2>audio engineer, edit, color, grade, and do social The world

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<v Speaker 2>is changing. The era that from twenty twenty three to

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<v Speaker 2>twenty thirty is if you are not able to do

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<v Speaker 2>the job of five people, you will not be hired.

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<v Speaker 2>This goes for every business genre and behind the scenes.

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<v Speaker 2>What Elon has done, even though it's been sloppy, A

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<v Speaker 2>lot of venture capital firms are now expecting companies to

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<v Speaker 2>do the same thing that he is doing, which is

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<v Speaker 2>to have a lighter staff produce higher returns, and it

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<v Speaker 2>also gives you a longer runway for capital, so you

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<v Speaker 2>have more capital in your business and you don't have

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<v Speaker 2>as short of a runway. So companies that were thinking

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<v Speaker 2>about maybe going out of business in twelve months by

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<v Speaker 2>scaling down their workforce, they not have twenty four thirty

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<v Speaker 2>six months of cash available. You're going to see every

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<v Speaker 2>major tech company and as much as I hate to say,

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<v Speaker 2>because I've had a chance to meet some great people,

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<v Speaker 2>a meta meta probably needs to cut fifty percent of

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<v Speaker 2>their workforce in order to be viable. We're going to

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<v Speaker 2>see this at scale. As a person, if you have

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<v Speaker 2>a job or if you're an entrepreneur, wanted to I

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<v Speaker 2>can't say it, but I'll give you guys a rounded number.

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<v Speaker 2>I asked someone on the floor. I'm like, hey, I

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<v Speaker 2>saw a trade to get preferential treatment. She's now going

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<v Speaker 2>to become partner. I said, hey, what does she do

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<v Speaker 2>to become partner? He said, she replaced the work of

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<v Speaker 2>ten people, and one year with people who were here

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<v Speaker 2>with me four or five years prior. And one year

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<v Speaker 2>she replaced ten These were not low level and these

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<v Speaker 2>were big dogs, and she came in and replaced minimum

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<v Speaker 2>of ten. That's I'll always go back to risk to reward.

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<v Speaker 2>If I'm putting a dollar in, can I get ten out?

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<v Speaker 2>Can I get eleven out? Can I get fifty? If

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<v Speaker 2>I can get fifty, I'll do that all day. So, yes,

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<v Speaker 2>this era, we're going to have to go back to

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<v Speaker 2>being ultra efficient because the capital is not there. In

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<v Speaker 2>a recession, you have to make drastic cuts in order

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<v Speaker 2>to be more successful.

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<v Speaker 3>Yeah, I'm with you on that, And now I think

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<v Speaker 3>of it, you're dead on, especially in this space, and

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<v Speaker 3>you've seen it a lot of times when we're on

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<v Speaker 3>the road. You're like, waits, you're doing everything, and it's like, yeah,

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<v Speaker 3>we do everything because we want to know every piece

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<v Speaker 3>of our business. But it makes it more efficient, right,

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<v Speaker 3>We're not even thinking of the standpoint like, yeah, we're

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<v Speaker 3>more profitable because we don't have to pay people to

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<v Speaker 3>do it. At some point we obviously do, but it's like,

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<v Speaker 3>we want to know how to make this work even

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<v Speaker 3>if no one's here. And so if you're talking about

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<v Speaker 3>from that from a tech standpoint, it makes perfect sense

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<v Speaker 3>to cut back and figure out who's the most skilled, right,

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<v Speaker 3>not even how many skills do you have, but who's

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<v Speaker 3>the most skilled because the most skilled person is probably

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<v Speaker 3>going to be the most efficient one that's going to

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<v Speaker 3>get the job done at an expedited time. I'm thinking

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<v Speaker 3>about it from the standpoint and when we're looking at

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<v Speaker 3>tech companies, because you said it was sloppy, and if

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<v Speaker 3>you look at the reports of the inverse of what's

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<v Speaker 3>happened obviously with the Twitter, but what has it done

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<v Speaker 3>to the other company that he also you know owns, right,

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<v Speaker 3>so that inverse of how it's affected the Tesla stock,

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<v Speaker 3>it's been a negative impact just because of how you know,

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<v Speaker 3>the investment is going to Twitter and people are trying

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<v Speaker 3>to figure out how is this going to be profitable?

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<v Speaker 3>Will it affect the other company? Up? Like that's the

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<v Speaker 3>piece is interesting to me as well.

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<v Speaker 2>The truth is great company, but Tesla is highly overvalue.

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<v Speaker 2>And I would argue if John Malali was there or

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<v Speaker 2>any other American car exact.

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<v Speaker 4>This episode is brought to you by P and C Bank.

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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

0:07:34.200 --> 0:07:38.080
<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

0:07:50.400 --> 0:07:53.960
<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>were here illegally, your next you will be fine 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 be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security Executive.

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<v Speaker 2>The price of Tesla now would have been there last year.

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<v Speaker 2>The only reason that the value of Tesla was so

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<v Speaker 2>high is because he's sitting in that seat. But I

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<v Speaker 2>think everyone is thinking too short sighted. We're in a recession,

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<v Speaker 2>even though they won't announce it breaking news, we're in

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<v Speaker 2>a recession. And if he's able to get this SpaceX

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<v Speaker 2>off and the neuralink thing show icon living Jaden Smith, right, different,

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<v Speaker 2>different level of wealth, easy to tree million dollars, right,

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<v Speaker 2>So I think, and I've said it before and I'll

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<v Speaker 2>say it again. Please listen to please write this down.

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<v Speaker 2>The stock market is at the actual price where it

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<v Speaker 2>should be once they took the steroids out of the market.

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<v Speaker 2>I don't want to tell you anything though, Apple, Microsoft,

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<v Speaker 2>as much as we fight it. And then you know,

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<v Speaker 2>I make the statement about going into cybersecurity, and people

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<v Speaker 2>are like, oh, they wouldn't do it. Why wouldn't they.

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<v Speaker 2>Now Apple is announced they're gonna finally put out that car,

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<v Speaker 2>and while put it in a group text, the reason

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<v Speaker 2>why they're launching that car in that particular year, Please

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<v Speaker 2>be mindful. There's only maybe ten or fifteen great companies.

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<v Speaker 2>You don't need more information. You need to double down

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<v Speaker 2>and put more capital into the companies that run the

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<v Speaker 2>world so you can be rich. The question is do

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<v Speaker 2>you want to be rich or do you want to

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<v Speaker 2>debate and not be accountable? Because the truth is, whenever

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<v Speaker 2>trail shall, I get to Dubaio, whoever the hell they're

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<v Speaker 2>going right, and I get next to King Griffin that citadel,

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<v Speaker 2>and four years when you run into us, my first

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<v Speaker 2>question is to you is going to be that you

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<v Speaker 2>put in enough work for you to make ten or

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<v Speaker 2>fifteen million dollars in a year. You have the same

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<v Speaker 2>information that we have. And the crazy part is, I'm

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<v Speaker 2>giving away all my real information in real time. Are

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<v Speaker 2>you building every day? They just told you Robert is

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<v Speaker 2>already rich, but he is still up and punctual every day.

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<v Speaker 2>Put in chat. Yes, And for the last three hundred

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<v Speaker 2>and sixty five days, you haven't missed it day at work,

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<v Speaker 2>no matter what happened in your life. The recession proves

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<v Speaker 2>who really And we hear all these stories in nineteen

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<v Speaker 2>twenty nine and ninety nine and two thousand and one

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<v Speaker 2>about people who seize opportunities. I don't see enough people seizing.

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<v Speaker 2>I see too many people talking, and I want to

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<v Speaker 2>see you guys back right. So I think, Elon, although

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<v Speaker 2>it was sloppy, things are going to change. And if

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<v Speaker 2>that happens in Silicon Valley, what do you think is

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<v Speaker 2>going to happen in the middle of America. I told you

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<v Speaker 2>guys a story. Apple team has a two trillion dollar

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<v Speaker 2>cash fund that is managed by seven people. It is

0:10:56.760 --> 0:10:59.520
<v Speaker 2>a minimum requirement for everybody in Red Panda Rebellion to

0:10:59.520 --> 0:11:01.520
<v Speaker 2>bring in ten million dollars themselves. You would not be

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<v Speaker 2>on the team. How I need fifty people for if

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<v Speaker 2>they have seven. But and if you want to be

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<v Speaker 2>an asset to a team, you got episode of and

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<v Speaker 2>liabilities this week? No, you have the final season revolt

0:11:16.280 --> 0:11:23.040
<v Speaker 2>time to renew. I appreciate you, brother, But if you

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<v Speaker 2>want to be an asset to a team, find out

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<v Speaker 2>how you can come in and ten x the business

0:11:27.640 --> 0:11:29.760
<v Speaker 2>or five x the business. It's an easy way to

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<v Speaker 2>get a job. I think the era of easy jobs,

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<v Speaker 2>easy partnerships, easy stocks, easy NFTs, which will crumble and

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<v Speaker 2>I said they will fall, and no one believe me.

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<v Speaker 2>It's going now. We're in the era of the super producer,

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<v Speaker 2>and it's going to get to a point where you're

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<v Speaker 2>going to have the five X for ten x and

0:11:48.040 --> 0:11:50.760
<v Speaker 2>shit just to get in the door. Otherwise you can

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<v Speaker 2>do it in a own and keep the capital costs down.

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<v Speaker 2>What are your thought capital have to Yeah, think you

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<v Speaker 2>hit a nail on the head. Anything you want to

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<v Speaker 2>add to that, Troy.

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<v Speaker 3>No, I think that you edited it perfectly. Keep the

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<v Speaker 3>capitol calls down. Find the most efficient people. That's gonna

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<v Speaker 3>be the theme of this week, right Look, I'm do

0:12:10.960 --> 0:12:13.280
<v Speaker 3>an analysis of the people that you're around, especially in

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<v Speaker 3>business and entrepreneur in the entrepreneurial world, who is adding

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<v Speaker 3>value at the most efficient level.

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<v Speaker 2>Everybody don't make the cut. It hurt too, boy, everybody

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<v Speaker 2>don't get twenty three.

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<v Speaker 3>Subtract the week links about the chaining rise and start raining.

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<v Speaker 3>Let's be more efficient.

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<v Speaker 4>My graduates from my school being forced back drop b drop,

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<v Speaker 4>Mike drop back drop drop.

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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 el self

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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 Noman, 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 be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security.