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Speaker 1: Coach, the energy out there felt different. What changed for

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Speaker 1: the team today?

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Speaker 2: It was the new game day scratches from the California

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Speaker 2: Lottery players.

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Speaker 3: Everything.

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Speaker 2: Those games sent the team's energy through the roof.

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Speaker 1: Are you saying it was the off field play that

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Speaker 1: made the difference on the field.

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Speaker 2: Hey, little play makes your day, and today it made

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Speaker 2: the game. That's all for now, Coach, one more question.

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Speaker 4: Played the new Los Angeles Chargers, San Francisco forty nine

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Speaker 4: ers and Los Angeles Rams scratchers from the California Lottery.

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Speaker 4: A little play can make your day. Peace made responsibilit

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Speaker 4: must be eighteen years or older to purchase late or

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Speaker 4: claim ERNs.

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Speaker 5: It's twenty twenty one that ye have execution. In order

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Speaker 5: to execute, we have to have information. And the number

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Speaker 5: one place that get the information EYL University Shotty tell

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Speaker 5: them what we bring in.

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Speaker 6: Yes, EYL University has been reloaded. We already have one

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Speaker 6: hundred passed webinars. We already have weekly webinars. We already

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Speaker 6: have our private investment group on Facebook. We already have

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Speaker 6: multi financial planning calls. We already have five weekly real

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Speaker 6: estate called. But what has been added to EYL University

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Speaker 6: this year?

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Speaker 3: Is access to.

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Speaker 6: MG the mortgage Guys home Buyers Blueprint which walks you

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Speaker 6: through the home buying process from A to Z. And

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Speaker 6: what also has been added breaking news Alert. Everybody always

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Speaker 6: has to be in our group chat and when we

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Speaker 6: talk about all the investment plays that we are making.

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Speaker 6: We are going to have investment calls group chat calls

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Speaker 6: with me, Troy and the whole team and walk you

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Speaker 6: through our plays that we're making and give you insight

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Speaker 6: into our portfolios.

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Speaker 3: All of that for seventy five percent off.

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Speaker 6: That's right, we are doing a lowout sale seventy five

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Speaker 6: percent off or a limited time only. Go to EYL

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Speaker 6: University dot com right now and sign up.

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Speaker 5: See you on the other side.

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Speaker 7: My graduates from my school being forced back drop.

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Speaker 3: Bag drop, Mike, drop back, drop drop.

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Speaker 6: All right, guys, welcome back EYL. This is a long

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Speaker 6: anticipated episode something that you know, I'm sure everybody, all

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Speaker 6: the earners all across the world are extremely excited about.

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Speaker 6: Somebody He's asking for it for the exception of Ernialisia,

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Speaker 6: and as we've gotten bigger.

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Speaker 3: The guests has just gotten That's true. Yeah, So you know,

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Speaker 3: Gary Vaynerchuk, did I pronounce that correctly.

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Speaker 5: I think he did a good job.

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Speaker 3: Okay, Okay, you nailed it.

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Speaker 6: Okay, better known as Gary V. Serial entrepreneur, chairman of

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Speaker 6: his own Communications.

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Speaker 5: We got a new word form. We got new word

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Speaker 5: form operating entrepreneur.

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Speaker 3: There you have it.

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Speaker 6: CEO CEO, CEO of the Media Ad Agency, Social Media,

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Speaker 6: trail Blazer, Angel Investor, Cultural Icon. Couldn't keep going on

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Speaker 6: and on, but yeah, for sure. So first and foremost, Gary,

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Speaker 6: thank you for joining us.

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Speaker 8: Appreciate it, Matt, I really appreciate your time, and I'm excited.

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Speaker 7: To be here.

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Speaker 6: Yeah, for sure. So let's jump right into it. Our

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Speaker 6: show is a little different because, you know, we break

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Speaker 6: down the business models, we break down entrepreneur success. Like

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Speaker 6: when we had Mark Cuban on shout out to Mark

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Speaker 6: and we asked him about his deal that he did

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Speaker 6: when he sold it and then he you know, had

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Speaker 6: the stock and he gave a great explanation. So a

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Speaker 6: lot of people might or they may or they may

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Speaker 6: not know your story. They heard the story about you

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Speaker 6: started in the wine business, your family's wine business right

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Speaker 6: in the late nineties and turned it from three million

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Speaker 6: operation to I believe a sixty million dollar operation and

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Speaker 6: you did it. It was early in it we called

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Speaker 6: digital real estate and first wine e commerce platform. So

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Speaker 6: can you talk about that, how you had the foresight

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Speaker 6: and how you actually transitioned that and how you was

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Speaker 6: early onto the e commerce phase.

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Speaker 8: Timing is incredible about this. I just literally literally got

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Speaker 8: off the phone with my six best buds from college.

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Speaker 8: Shout out to three oh one the spot, Miss Iraq,

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Speaker 8: d justin La Tokyo, Joe, and Glen. It was there

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Speaker 8: in Mount Ida College in Newton, mass in nineteen ninety

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Speaker 8: five when p from Maine we had nicknames for everybody.

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Speaker 8: Pete from Maine said come and check this out. And

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Speaker 8: I heard coo coooch for the first time, and I said,

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Speaker 8: the fuck is this? And He's like, this is the

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Speaker 8: World Wide Web.

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Speaker 7: And I was like, I heard about that shit, and I.

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Speaker 8: Want this is how for the kids that are listening

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Speaker 8: to how crazy the internet was. In ninety four ninety five,

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Speaker 8: I waited my turn to get on the computer to

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Speaker 8: go on AOL.

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Speaker 7: It was so crazy, this.

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Speaker 8: Thing like being on the Internet and seeing people in

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Speaker 8: chat rooms that I watched it as a spectator while

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Speaker 8: my man was on the keyboard. And I finally like

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Speaker 8: an hour later, sat down and clicked a couple of

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Speaker 8: buttons and found myself on a baseball card bulletin board

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Speaker 8: in AOL and about seven minutes into my Internet life,

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Speaker 8: which was this, I said, this is going to change

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Speaker 8: my life straight up, just like that, like straight out

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Speaker 8: of fucking movie. And that started the conversation in my

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Speaker 8: head which late to six months later saying to my dad, Dad,

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Speaker 8: we need a website for the liquor store. We didn't

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Speaker 8: have a computer. My dad didn't take credit cards, like

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Speaker 8: he was old school. I was born in the Soviet Union.

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Speaker 8: He's like cash only, doesn't trust people, like, wouldn't take checks,

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Speaker 8: doesn't believe in anybody, like you know, like all that

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Speaker 8: stuff like and and I got him there. I just

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Speaker 8: completely knew the same, you know.

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Speaker 7: It's funny.

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Speaker 8: The one skill I really have is my intuition about

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Speaker 8: things and people is heavy.

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Speaker 7: Like it's just really my biggest thing.

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Speaker 8: So like literally looking at the Internet or looking at

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Speaker 8: the investments I made, Facebook, Twitter, Coinbase, or the fact

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Speaker 8: that I bought bitcoin in twenty fourteen is no different

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Speaker 8: than me thinking that Gunna or the baby was gonna

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Speaker 8: be good, or that I thought Alvin Kamara was going

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Speaker 8: to be a good player when we started van Ter Sports,

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Speaker 8: even though he was the backup running back at Tennessee.

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Speaker 8: There's there's something in me that understands people and understands

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Speaker 8: what people are going to do. And that's been my

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Speaker 8: whole life. Like if I was an A and R guy,

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Speaker 8: I would dominate. If I was a scientist, like looking

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Speaker 8: at spiders for twenty years in the woods, I would

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Speaker 8: figure it out, Like that's my thing. And so that's

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Speaker 8: what happened with the Internet. That's how it started. And

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Speaker 8: I you know my mission in my twenties. You know,

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Speaker 8: I was king this country with nothing. I was born

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Speaker 8: in Russia, lived in a studio in Queen's with like

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Speaker 8: eight family members. Like I grew up rugged, Like my

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Speaker 8: mom was frugal and wasn't about didn't have money. So

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Speaker 8: I was like if I wanted Nintendo, if I wanted stuff,

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Speaker 8: I had to buy it as a kid.

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Speaker 7: So I'd always fight for.

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Speaker 8: Money and business and my number one goal was to

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Speaker 8: help my parents liquor store business. Like I gave up

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Speaker 8: my twenties, all of my twenties. Man, when kids talk

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Speaker 8: to me about like, oh, I'm like, I gave up

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Speaker 8: all my twenties to build a business for my parents.

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Speaker 8: I left with zero ownership of that business, and I

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Speaker 8: blew that business up from three to sixty million. And

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Speaker 8: you know, sometimes people try to rag on me, like, ah,

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Speaker 8: you got handed shit.

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Speaker 7: I'm like, you think that's what happened. Let me tell

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Speaker 7: you the truth.

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Speaker 8: I took a business from three to sixty million, never

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Speaker 8: got paid shit because in the family business, you put

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Speaker 8: all back in the business. So it's one thing if

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Speaker 8: you make money for somebody else in a corporation, but

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Speaker 8: at least you get paid a million dollars a year.

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Speaker 8: I was getting paid fifty sixty seventy thousand a year

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Speaker 8: building a big ass business, And at thirty four years old,

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Speaker 8: left and had to start my company in somebody else's

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Speaker 8: conference room Vayner Media, in Buddy Media's conference room, because

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Speaker 8: I didn't have the money to pay rent.

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Speaker 5: So this is this is pre social media. So what

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Speaker 5: strategies that you use in to build a company from

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Speaker 5: three to sixty right? Because this is I mean, Internet

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Speaker 5: is just help yep.

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Speaker 8: Back then, it was email and Google AdWords that really

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Speaker 8: took me off, right, and banner ads.

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Speaker 7: People used to click banner ads kids.

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Speaker 8: I would buy a banner ad for five hundred dollars

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Speaker 8: a month on a website like wine dot, like a

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Speaker 8: Windspectator dot, and people click that shit. You know, back

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Speaker 8: then everyone was curious about everything, like banners are like,

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Speaker 8: oh cool.

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Speaker 7: It was kind of like cool.

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Speaker 8: You're like, oh shit, takes me somewhere else, like you know,

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Speaker 8: you know again, I'm talking like it's one hundred years ago.

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Speaker 8: It's only twenty five years ago. But it's like it's

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Speaker 8: like a it's a lifetime ago. It was cell phones.

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Speaker 7: It was crazy.

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Speaker 8: There was no laptops, Like you got to sit at

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Speaker 8: a fucking desk to be on the internet.

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Speaker 5: This feels like a scene in the Record Ralph movie.

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Speaker 5: He's just present there.

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Speaker 8: But so banner ads being you know, a little early

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Speaker 8: social called forums, remember bulletin boards and messages.

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Speaker 7: I was part.

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Speaker 8: I was part of those, all the wineboards. They're like,

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Speaker 8: why do you know so much I own or my

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Speaker 8: family owns or my dad and I run this place

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Speaker 8: called wine Library. Check it out win library dot com.

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Speaker 8: Two clicks, five clicks, like real like bricklaying sh you know.

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Speaker 8: And then and then I figured out email in ninety seven.

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Speaker 8: I was like, okay, this is gonna be big. And

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Speaker 8: so I just started asking every customer that came into

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Speaker 8: the liquor store, you got to email. And then again

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Speaker 8: back to the old days twenty five years ago, people

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Speaker 8: be like, yeah, I got an email, it's AOL at

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Speaker 8: Yahoo dot com.

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Speaker 7: You know, like it was, but it was crazy.

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Speaker 8: Luckily, the store was in Jersey where a lot of

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Speaker 8: people worked in Wall Street, and the Wall Street cats

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Speaker 8: had email pretty early, and so you know, started getting

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Speaker 8: that Wall Street clientele, and that's you know, I really

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Speaker 8: started changing our business.

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Speaker 7: But catalogs. I did catalogs, direct mail.

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Speaker 8: Newspaper, full page ads in the New York Times and

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Speaker 8: Wall Street Journal and Star Ledger and Jersey Big shout out.

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Speaker 8: When I was you know, when I made a couple

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Speaker 8: of bucks and was able to put the money, you know,

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Speaker 8: it was all family immigrant businesses are. You don't take

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Speaker 8: money out to buy shit, You put it back into business,

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Speaker 8: back in the business, back in the business. So one

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Speaker 8: of the reasons I never really amassed a lot of

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Speaker 8: money during that time was my dad wasn't paying me

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Speaker 8: or him any real money. Every dollar was back into advertising,

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Speaker 8: back into more employees, back back back, and so we

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Speaker 8: were feeding one of the reasons.

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Speaker 7: I tell a lot of entrepreneurs now, like, feed your business.

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Speaker 8: You know, everyone wants to be an entrepreneur to take

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Speaker 8: it out and buy a fucking rollie, right and buy

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Speaker 8: a bent and like and buy like some And I'm like, no, no, no,

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Speaker 8: no, no no no no no, don't flex yet you just

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Speaker 8: started put it back in back in. Your watch will

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Speaker 8: be more expensive, your trip will be nicer, your flying

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Speaker 8: accommodations will be better. But you got to feed your

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Speaker 8: business for a minute.

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Speaker 6: Yeah, stay down till you come up. So you talked

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Speaker 6: about how you left the company and left with zero.

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Speaker 6: So you left with Hey, why did you leave? So

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Speaker 6: it's a family business, you grew it, it's sixty million dollars,

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Speaker 6: it's you know, going nicely, ten x the whole situation,

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Speaker 6: on twenty x the whole situation.

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Speaker 3: So did why did you leave?

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Speaker 8: And get some real shitre Three main reasons resentment, my

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Speaker 8: brother's eleven years younger than me, and I love my pops.

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Speaker 7: Let me break them down for you, because you guys

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Speaker 7: go deep heer.

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Speaker 8: I'm gonna give it to you shit that I don't

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Speaker 8: usually talk about. You work fifteen hours a day, including Saturdays,

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Speaker 8: because you're in the retail business from twenty two to

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Speaker 8: thirty two years old, no fun, no trips, work fifteen

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Speaker 8: hours a day, real shit now, not like fucking like

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Speaker 8: propaganda where people acting like they're working in the store

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Speaker 8: eight am, leave the store, ten pm, in the store

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Speaker 8: seven am, leave the store eleven pm. For fucking ten years,

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Speaker 8: and you take it from three point eight million to

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Speaker 8: sixty and you have no real, real, real money like that,

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Speaker 8: and now you're married and you've got a little bit

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Speaker 8: of right, you start being fucked up a little.

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Speaker 7: Got it.

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Speaker 5: I'm just talking.

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Speaker 7: Really, I was like, yo, I was a kid. I

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Speaker 7: you know.

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Speaker 8: Now, listen, the reason I wasn't really fucked up and

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Speaker 8: it was okay was I wanted that I wanted to

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Speaker 8: pay my parents back.

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Speaker 7: I knew I was fucking great. I knew it.

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Speaker 8: I knew what's going on with me right now. And

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Speaker 8: on some record, on the record, shit, I even started. No,

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Speaker 8: I'm being really honest with you guys, like you're you're

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Speaker 8: gonna look at this video and thirteen years A gonna

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Speaker 8: be like, damn, he really wasn't even like in the

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Speaker 8: same universe, Like I mean it, I really feel like

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Speaker 8: I'm just starting.

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Speaker 7: I'm patient. I know life is long. I have wisdom.

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Speaker 8: I hung out with old old grandparents all the time

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Speaker 8: as a kid, and I never understood why, And now

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Speaker 8: I understand. I'm an old soul. I was patient. I

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Speaker 8: knew I could give up my twenties for my parents.

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Speaker 8: Feel good about that. Feel like I really put them

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Speaker 8: on because they put me on. Be like, you know,

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Speaker 8: settle that settle that bad.

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Speaker 7: You know what I mean? Now we even really I

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Speaker 7: was a little bit like that.

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Speaker 8: I needed it for me, but I really love my

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Speaker 8: parents and some real shit to the best. I was like,

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Speaker 8: fuck it, I'm gonna get mine regardless. Let me really

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Speaker 8: do something here. But now, after a decade, I started

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Speaker 8: getting into that little place of like number two. My

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Speaker 8: brother's eleven years younger than me. My parents were twenty

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Speaker 8: when they had me, like that old Russia shit, you know.

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Speaker 8: Like So, so my brother was coming up and he

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Speaker 8: didn't want to work with my dad.

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Speaker 7: My dad's a tough like.

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Speaker 8: My dad's a different kind of person, old school, and

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Speaker 8: he didn't want to be about that, And so I

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Speaker 8: wanted to jam with him. You know, I've been teaching

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Speaker 8: him entrepreneurship since he was a kid eBay, garage sales,

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Speaker 8: all that shit that people know about me.

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Speaker 7: So I really wanted to jam with him.

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Speaker 8: So we kind of decided somewhere around his senior high

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Speaker 8: school freshman ye of college.

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Speaker 7: Like we're going to do this.

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Speaker 8: So that was in the back of my mind, and

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Speaker 8: you know, I left when he graduated. He graduated in

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Speaker 8: May of two thousand and nine and I left started Vannermedia,

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Speaker 8: but I was doing both. I was doing Wine Library

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Speaker 8: with Vayner Media from two thousand and nine to twenty

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Speaker 8: eleven and then number three. I loved my dad. Let

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Speaker 8: me explain. My dad was one of the guys. He

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Speaker 8: was one of the ten to fifteen guys in the

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Speaker 8: liquor business in Jersey. He had one of the good

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Speaker 8: stores toing four million a liquor store in the eighties.

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Speaker 8: That's real money. You know, it's a different day, different age.

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Speaker 8: There was no major players. Liquor business is fragmented. You

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Speaker 8: don't have Walmarts and shit like that. So he was

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Speaker 8: a guy. He was one of the guys. He was

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Speaker 8: one of the people that could throw around some clout.

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Speaker 8: He was one of the bigger buyers and he loved it.

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Speaker 8: He loved it. I came along and took that shit

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Speaker 8: to the fucking moon. So I became the guy. And

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Speaker 8: so now all of a sudden, you see where I'm

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Speaker 8: going right now? The suppliers people, Yeah, all of a sudden,

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Speaker 8: my dad lost his clout. Yeah, and my dad and

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Speaker 8: I wasn't about sharing it either, because I took the

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Speaker 8: wheel and was like, no one person can drive, So like,

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Speaker 8: go in the passenger seat. I love you, Dad, You're

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Speaker 8: still my dad, And you could always call that once

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Speaker 8: in a blue moon dad card and make me do

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Speaker 8: something I don't want to do. But ninety eight percent

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Speaker 8: of time I'm driving. And the first year that I

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Speaker 8: did the business, he was renovating and decided to build

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Speaker 8: a new house for him and my mom. He loves construction,

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Speaker 8: so they built a new house. And that first year

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Speaker 8: we went from four to ten million, and he kind

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Speaker 8: of looked, He's like fuck.

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Speaker 7: Three, right, So he was like.

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Speaker 8: I love you, but fuck, I'm not going to mess

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Speaker 8: with this. Next year seventeen and he's like, okay, I

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Speaker 8: got something. And so but what that did was I

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Speaker 8: was willing to do it for him, but I was

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Speaker 8: going to take the shine. I was going to have

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Speaker 8: the leverage. I was going to be the guy and

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Speaker 8: and I loved my dad, and we were starting to

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Speaker 8: have conflict. It was pretty cool for the first eight

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Speaker 8: or nine years, little things, but now we were starting

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Speaker 8: to have consistent conflict. I had my resentment up. I

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Speaker 8: become real famous in the liquor business, the guy guy,

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Speaker 8: and nobody gave a shit about my dad. And I

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Speaker 8: saw the pain and his eyes, and it hurt me

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Speaker 8: because I loved my dad and people forgot about his part.

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Speaker 8: He came to America with no language, he came to

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Speaker 8: America with no money. He came to America and took

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Speaker 8: all the risk and went from and what he did

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Speaker 8: from zero to what he did, I know, I'm going

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Speaker 8: to the tippy top of all time, and I'm still

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Speaker 8: going to always admire what he did from zero to

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Speaker 8: that spot, right, And I have my own zero story,

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Speaker 8: but it's different, and he's my dad, and so it

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Speaker 8: just felt like the right time.

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Speaker 7: If that makes sense that translation.

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Speaker 6: That's an honest answer. So when you start the media company,

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Speaker 6: I'm assuming, all right, so you learn early as far

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Speaker 6: as emails and internet marketing and all of that, So

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Speaker 6: you just transitioned that into.

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Speaker 8: Ye ye have two thousand and six, YouTube comes out

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Speaker 8: and I'm like, this is gonna be big. I hate

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Speaker 8: it again?

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Speaker 3: Why you Why did you think YouTube was gonna be big?

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Speaker 8: Because I thought the internet was gonna take over the world,

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Speaker 8: and here was the first thing I ever saw that

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Speaker 8: did videos proper, you know.

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Speaker 7: I was like, this is it. And you know what's

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Speaker 7: beautiful about being old is you got the receipts. Go

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Speaker 7: to YouTube.

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Speaker 8: Type in Wine Library, episode one, February twenty first, two

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Speaker 8: thousand and six, when it was still independent.

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Speaker 7: Google hadn't even bought it. I saw it.

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Speaker 8: The video starts with me saying, I think this is

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Speaker 8: the first wine show on the internet, Like you know

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Speaker 8: what I mean.

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Speaker 5: Like, yeah, I watched it. I watched it.

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Speaker 7: I appreciate it. But so I saw it, I did it,

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Speaker 7: and I was right.

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Speaker 8: And then YouTube sells for one seven one point seven

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Speaker 8: billion in two thousand and seven, and to help everybody here,

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Speaker 8: that'd be like TikTok selling for a trillion to Facebook

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Speaker 8: right now.

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Speaker 7: The number was crazy.

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Speaker 8: Back then, one seven was like like, you didn't even

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Speaker 8: think about shit like that, right, And so that happened,

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Speaker 8: and that's when my career really took off. I said,

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Speaker 8: wait a minute. I was right about dot com, I

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Speaker 8: was write about email. I was right about Google AdWords.

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Speaker 8: I was right about you know, blogging, even though I

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Speaker 8: didn't do it. I was right about this YouTube thing.

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Speaker 8: Maybe I'm not just a good businessman or ricker, store

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Speaker 8: runner or seller. I might be good at like just

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Speaker 8: knowing shit. That's literally the combo I had with myself.

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Speaker 8: And I read an article that YouTube had angel investors,

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Speaker 8: and I was like, what's an angel investor? I googled

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Speaker 8: it and I was like, I'm going to be an

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Speaker 8: angel investor. And the next year I went to south

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Speaker 8: By Southwest cause I got to put you got.

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Speaker 7: To put yourself in it. If you're going to be

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Speaker 7: in it.

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Speaker 8: I want the Silicon Valley a bunch. And within the

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Speaker 8: year of me deciding that to that one hundred and

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Speaker 8: fifty I don't remember eighty to one hundred and fifty

398
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Speaker 8: K I saved because I was living in a bullshit apartment,

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Speaker 8: never going out. So even though I was making fifty,

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Speaker 8: I was saving four thousand a years, making save in

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Speaker 8: eight that in a year. You see what I'm saying.

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Speaker 8: So when I tell kids with my content, like be

403
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Speaker 8: humble I lived. I don't give advice that I fucking

404
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Speaker 8: read in a book. I don't give advice that I

405
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Speaker 8: didn't live. So because I was living humble and not

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Speaker 8: buying dumb shit, even though I wasn't making much, I

407
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Speaker 8: had a little something. And now I saw this opportunity

408
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Speaker 8: and the first three companies I invested in for Facebook, Twitter,

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Speaker 8: and Tumblr, and it changed my life.

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Speaker 6: So the Angel conversation is extremely interesting because a lot

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Speaker 6: of people might not know your angel investors. So that's

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Speaker 6: a that's the perfect three companies to invest in. So

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Speaker 6: Angel invest in VC world is like, you know, people

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Speaker 6: have been around for decades that do that with billions

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Speaker 6: of dollars. So you come even with a couple of

416
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Speaker 6: hundred thousand, that's not really real money in the U.

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Speaker 8: Different than though, Like I invested in Tumblr's B round

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Speaker 8: at fourteen million dollar valuation. A B round now is

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Speaker 8: like four hundred million. It was a different world when

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Speaker 8: I did it. Nobody there was nobody coming at these

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Speaker 8: kids like that. Back then, nobody believed in the Internet

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Speaker 8: like this. Like I was able to talk to Mark

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Speaker 8: Zuckerberg too Williams, to David Carr, like I was talking

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Speaker 8: to the person. It just wasn't that shine like it was.

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Speaker 8: It was like Hip Hop eighty five versus today basketball.

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Speaker 5: So for the what round did you get in in Facebook?

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Speaker 8: So Facebook I bought from Mark's parents two years before

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Speaker 8: the IPO because I became friendly with the Facebook crew

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Speaker 8: and Randy and Mark because Randy and his sister worked

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Speaker 8: at the company. I'd flown out to speak to the company.

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Speaker 8: I would hang with them at conferences. So one day

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Speaker 8: I just got a call from Randy saying, you know,

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Speaker 8: my parents want to sell some of the Spacebook stock

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Speaker 8: before the IPO because they want to move to California

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Speaker 8: and build a house and be near us.

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Speaker 7: Would you like something?

437
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Speaker 8: She didn't start, she didn't finish, saying my parents and

438
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Speaker 8: I already wired the money because I knew Facebook was

439
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Speaker 8: going to win. And then Tumblr was one of the

440
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Speaker 8: big companies out of New York because shit wasn't happening

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00:19:59,040 --> 00:19:59,480
Speaker 8: in New York.

442
00:19:59,520 --> 00:20:00,640
Speaker 7: So tumbl out in New York.

443
00:20:00,640 --> 00:20:04,639
Speaker 8: And I noticed junior high kids were on Tumblr in

444
00:20:04,680 --> 00:20:07,479
Speaker 8: two thousand and eight, two thousand and seven, and I

445
00:20:07,520 --> 00:20:09,320
Speaker 8: was like, wait, that might be next because all the

446
00:20:09,359 --> 00:20:10,280
Speaker 8: youngsters are on it.

447
00:20:10,840 --> 00:20:12,920
Speaker 7: And so I got on there and then YEAHO bought

448
00:20:13,080 --> 00:20:13,760
Speaker 7: Tumbler for a.

449
00:20:13,720 --> 00:20:15,960
Speaker 5: Billion follow youth.

450
00:20:16,240 --> 00:20:20,480
Speaker 6: So so as far as like the Angel investment's talking

451
00:20:20,480 --> 00:20:22,159
Speaker 6: about the rounds, can you explain now a little bit

452
00:20:22,160 --> 00:20:24,800
Speaker 6: because people hear about round, seed round, fund round, A round,

453
00:20:24,800 --> 00:20:26,919
Speaker 6: B round, seed round, but they might not actually know

454
00:20:26,960 --> 00:20:27,879
Speaker 6: what that actually means.

455
00:20:28,320 --> 00:20:30,399
Speaker 8: Just see, you know a lot of people use different

456
00:20:30,480 --> 00:20:33,000
Speaker 8: terminology for the same shit. But like you know, the

457
00:20:33,040 --> 00:20:37,760
Speaker 8: Angel round is the initial money in. Then usually the

458
00:20:38,240 --> 00:20:40,679
Speaker 8: first time a company takes money, the angel, the seed

459
00:20:40,720 --> 00:20:44,760
Speaker 8: investment or the angel right high risk, like most of

460
00:20:44,800 --> 00:20:49,080
Speaker 8: my Angel investments went to zero, but high reward. You

461
00:20:49,119 --> 00:20:52,120
Speaker 8: come in early on something, it can get real crazy.

462
00:20:53,280 --> 00:20:55,800
Speaker 8: You know my angel the company called BarkBox that's about

463
00:20:55,840 --> 00:21:00,399
Speaker 8: to go public. That's gonna get interesting for me. You know, Angel,

464
00:21:00,840 --> 00:21:05,760
Speaker 8: you can get crazy. So then there's the A then

465
00:21:05,800 --> 00:21:07,919
Speaker 8: it just goes in. Then it goes in very simple

466
00:21:08,040 --> 00:21:10,080
Speaker 8: order for everybody. The A route, it's kind of the

467
00:21:10,080 --> 00:21:14,040
Speaker 8: first real money, you know, five million bucks, three million bucks,

468
00:21:14,280 --> 00:21:16,760
Speaker 8: Then the B round ten twenty million bucks, then the

469
00:21:16,800 --> 00:21:19,080
Speaker 8: C round that's you know when I said ten twenty

470
00:21:19,080 --> 00:21:20,719
Speaker 8: that's so much they took in. So they got one

471
00:21:20,760 --> 00:21:23,520
Speaker 8: hundred million dollar valuation and they took it to twenty

472
00:21:24,040 --> 00:21:26,920
Speaker 8: million dollars in Now that person invested is in for.

473
00:21:26,920 --> 00:21:28,840
Speaker 7: Only fifteen percent of the company. I there's that age

474
00:21:28,880 --> 00:21:31,880
Speaker 7: because it's one twenty post strains or twenty. So that's

475
00:21:31,920 --> 00:21:32,359
Speaker 7: how it goes.

476
00:21:32,440 --> 00:21:36,280
Speaker 8: Angel ABCD and usually buy after D you're looking at

477
00:21:36,320 --> 00:21:37,439
Speaker 8: going public or selling.

478
00:21:39,040 --> 00:21:41,800
Speaker 6: So like a couple of questions in regards to that

479
00:21:42,160 --> 00:21:46,320
Speaker 6: for entrepreneurs, how should they prepare themselves to approach an

480
00:21:46,359 --> 00:21:48,359
Speaker 6: angel investor? Like what should they already have in place?

481
00:21:48,400 --> 00:21:51,000
Speaker 6: Because from my understanding, a company has to have a

482
00:21:51,000 --> 00:21:54,159
Speaker 6: certain amount of revenue like already in place before they

483
00:21:54,160 --> 00:21:56,280
Speaker 6: can actually get venture capital or angel money.

484
00:21:56,320 --> 00:21:56,760
Speaker 3: Is that true?

485
00:21:56,840 --> 00:21:59,720
Speaker 8: Or no angel money you can get when you have

486
00:21:59,760 --> 00:22:05,000
Speaker 8: nothing thing an idea. Now that comes with privilege. Let's

487
00:22:05,000 --> 00:22:08,560
Speaker 8: be very honest here, and I'm not even talking white privilege.

488
00:22:08,600 --> 00:22:13,840
Speaker 8: I'm talking rich privilege. I know, unlimited Black Asian trans

489
00:22:14,080 --> 00:22:16,360
Speaker 8: You know, if you're running in money circles, you got a.

490
00:22:16,320 --> 00:22:22,080
Speaker 7: Shot to get money on an idea. You know.

491
00:22:22,119 --> 00:22:24,800
Speaker 8: One of the reasons I stopped investing, and I don't

492
00:22:24,800 --> 00:22:27,080
Speaker 8: invest that much. Most of my money right now is

493
00:22:27,119 --> 00:22:28,760
Speaker 8: going to sports cards. We can get into that before

494
00:22:28,760 --> 00:22:29,280
Speaker 8: we get out.

495
00:22:29,160 --> 00:22:29,560
Speaker 3: Of here.

496
00:22:32,520 --> 00:22:35,480
Speaker 8: Is it's crazy now like you can get You can

497
00:22:35,560 --> 00:22:39,439
Speaker 8: basically say I'm gonna build this, make a deck, go

498
00:22:39,520 --> 00:22:41,800
Speaker 8: to people and they give you money based on a

499
00:22:41,800 --> 00:22:44,360
Speaker 8: four million dollar, five million dollars six million dollars seven

500
00:22:44,440 --> 00:22:49,760
Speaker 8: million dollar valuation. But it's a very small group of

501
00:22:49,760 --> 00:22:53,119
Speaker 8: people that have access to that capital, right, and they

502
00:22:53,200 --> 00:22:57,600
Speaker 8: usually run from high university Stanford, Harvard, right, or they

503
00:22:57,640 --> 00:23:00,480
Speaker 8: run in very rich circles. Your mom and dad have

504
00:23:00,640 --> 00:23:03,879
Speaker 8: wealth and you know, their friends happy to write you

505
00:23:03,920 --> 00:23:05,920
Speaker 8: two hundred and fifty thousand dollars check at that valuation.

506
00:23:06,000 --> 00:23:07,760
Speaker 8: Then you use that to get another person, So.

507
00:23:09,800 --> 00:23:12,080
Speaker 5: Erners, what's up? You ever walk into a small business

508
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Speaker 5: and everything just works like, the checkout is fast, the

509
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Speaker 5: receipts are digital, tipping is a breeze, and you're out

510
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511
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526
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Speaker 5: This episode is brought to you by P and C Bank.

527
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Speaker 5: A lot of people think podcasts about work are boring,

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537
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538
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Speaker 1: Coach, the energy out there felt different. What changed for

539
00:25:03,280 --> 00:25:03,879
Speaker 1: the team today?

540
00:25:04,000 --> 00:25:06,680
Speaker 2: It was the new game day scratches from the California Lottery.

541
00:25:06,800 --> 00:25:07,640
Speaker 3: Play is everything.

542
00:25:07,960 --> 00:25:09,920
Speaker 2: Those games sent the team's energy through the roof.

543
00:25:10,000 --> 00:25:11,960
Speaker 1: Are you saying it was the off field play that

544
00:25:12,040 --> 00:25:13,160
Speaker 1: made the difference on the field.

545
00:25:13,240 --> 00:25:16,000
Speaker 2: Hey, little play makes your day, and today it made

546
00:25:16,000 --> 00:25:18,360
Speaker 2: the game that's off of now, Coach.

547
00:25:18,240 --> 00:25:20,879
Speaker 4: One more question play the new Los Angeles Chargers, San

548
00:25:20,920 --> 00:25:23,879
Speaker 4: Francisco forty nine Ers and Los Angeles Rams scratchers from

549
00:25:23,920 --> 00:25:26,760
Speaker 4: the California Lottery. A little play can make your day.

550
00:25:27,400 --> 00:25:29,240
Speaker 4: Peace made responsibily. It must be eighteen years or older

551
00:25:29,280 --> 00:25:30,160
Speaker 4: to purchase plate or claim.

552
00:25:30,359 --> 00:25:34,359
Speaker 8: You know you don't need to be making money, And ironically,

553
00:25:34,359 --> 00:25:37,480
Speaker 8: in technology it's almost better that you're not. People like

554
00:25:37,520 --> 00:25:39,960
Speaker 8: to invest more in the idea. Once you start making money,

555
00:25:39,960 --> 00:25:42,920
Speaker 8: they have something to judge you on. It's a crazy

556
00:25:42,960 --> 00:25:46,960
Speaker 8: system and I'm not a That concerns me, and which

557
00:25:47,000 --> 00:25:51,720
Speaker 8: is why I've been hesitant to go hard in early stage.

558
00:25:51,800 --> 00:25:54,120
Speaker 8: I take it a little bit later where people prove

559
00:25:54,160 --> 00:25:56,160
Speaker 8: it a little now, no reason to take that risk.

560
00:25:57,040 --> 00:25:58,760
Speaker 8: So I'm aware of an A and B guy, if

561
00:25:58,760 --> 00:25:59,800
Speaker 8: I really get excited.

562
00:26:00,119 --> 00:26:02,680
Speaker 5: So when you when you actually are are going to

563
00:26:02,760 --> 00:26:05,040
Speaker 5: go after a company or decide to invest it, is

564
00:26:05,440 --> 00:26:07,280
Speaker 5: that why you created vayn or X or is that

565
00:26:07,320 --> 00:26:09,879
Speaker 5: something different? Right? Because because that became a holding company

566
00:26:09,880 --> 00:26:13,680
Speaker 5: at a certain point, right.

567
00:26:13,200 --> 00:26:15,919
Speaker 7: Baaner x is different. I did, so, I did angel investing.

568
00:26:15,920 --> 00:26:16,480
Speaker 7: I did real well.

569
00:26:16,520 --> 00:26:18,120
Speaker 8: Then I got hooked up with Steve Ross, the owner

570
00:26:18,160 --> 00:26:20,760
Speaker 8: Miami Dolphins, and he bought a piece of Vayner Media,

571
00:26:21,760 --> 00:26:25,400
Speaker 8: which was the first company, Vaynermedia, which later became vayn

572
00:26:25,480 --> 00:26:27,600
Speaker 8: or X. When I started adding companies, so I needed

573
00:26:27,600 --> 00:26:29,800
Speaker 8: a holding company for the companies.

574
00:26:29,960 --> 00:26:31,560
Speaker 7: Okay, I'll get to that in a minute.

575
00:26:32,160 --> 00:26:35,679
Speaker 8: When when Steve Ross invested in bought a piece excuse me,

576
00:26:35,680 --> 00:26:38,119
Speaker 8: a Vynroom Media, he also put up the money for

577
00:26:38,160 --> 00:26:41,560
Speaker 8: a fund, and I deployed twenty five million dollars out

578
00:26:41,560 --> 00:26:44,320
Speaker 8: of a fund as a like a fund.

579
00:26:44,440 --> 00:26:44,600
Speaker 7: Right.

580
00:26:44,680 --> 00:26:46,800
Speaker 8: So for everyone listening, because we're doing some real good

581
00:26:47,080 --> 00:26:50,600
Speaker 8: educating here, that means that I got Normally you get

582
00:26:50,600 --> 00:26:53,320
Speaker 8: paid two percent of the number to manage it. But

583
00:26:53,800 --> 00:26:55,840
Speaker 8: because I didn't take that from him, because he already

584
00:26:55,840 --> 00:26:57,200
Speaker 8: bought a piece of my company, and we're kind of

585
00:26:57,240 --> 00:27:00,600
Speaker 8: being homies. But I got twenty percent of it back, right,

586
00:27:01,119 --> 00:27:03,160
Speaker 8: So twenty percent of all the earnings. So the twenty

587
00:27:03,200 --> 00:27:07,360
Speaker 8: five goes and I get twenty percent of anything that happens, right,

588
00:27:08,280 --> 00:27:09,679
Speaker 8: you know. So I don't put up the money. I

589
00:27:09,800 --> 00:27:11,680
Speaker 8: make the decisions. But that gives me twenty cents on

590
00:27:11,760 --> 00:27:14,440
Speaker 8: a dollar. He gets eighty cents. And with that company,

591
00:27:14,640 --> 00:27:17,159
Speaker 8: I made a lot of smart investments. I started a

592
00:27:17,200 --> 00:27:20,600
Speaker 8: company with that money called Rezi rs y. Anybody who's

593
00:27:20,640 --> 00:27:22,359
Speaker 8: into restaurants, the Resi app.

594
00:27:22,640 --> 00:27:23,000
Speaker 7: That was me.

595
00:27:23,240 --> 00:27:27,800
Speaker 8: We sold that company for nine figures to AMX eighteen

596
00:27:27,800 --> 00:27:34,119
Speaker 8: months ago. I invested in Snapchat, Pinterest, Coinbase, so we

597
00:27:34,200 --> 00:27:34,800
Speaker 8: did real well.

598
00:27:35,600 --> 00:27:38,640
Speaker 6: So you talked about the holding the holding companies, Why

599
00:27:38,720 --> 00:27:40,280
Speaker 6: is that? Why is that employer?

600
00:27:41,359 --> 00:27:41,919
Speaker 7: That's important?

601
00:27:41,920 --> 00:27:44,040
Speaker 8: Because I had vayner Media one company, and then I

602
00:27:44,080 --> 00:27:47,119
Speaker 8: wanted to buy a new company called Purewow Jure whiles

603
00:27:47,119 --> 00:27:51,760
Speaker 8: a women's lifestyle brand dot com publisher similar to Refinery

604
00:27:51,800 --> 00:27:55,080
Speaker 8: twenty nine or Bustle. You know, I just stood up

605
00:27:55,080 --> 00:27:57,200
Speaker 8: a men's brand called one thirty seven PM that everybody

606
00:27:57,200 --> 00:27:59,639
Speaker 8: should check out. That's more like complex advice. So when

607
00:27:59,680 --> 00:28:01,560
Speaker 8: I bought that company, I didn't want to put it

608
00:28:01,560 --> 00:28:03,480
Speaker 8: into Banner Media because it was a different kind of company,

609
00:28:03,520 --> 00:28:06,240
Speaker 8: different taxes, different all that. So I created a holding

610
00:28:06,240 --> 00:28:09,040
Speaker 8: company called Vayner X. One side of it was Vayner Media.

611
00:28:09,280 --> 00:28:12,240
Speaker 8: Another side was what we called Gallery Media Group, which

612
00:28:12,280 --> 00:28:15,480
Speaker 8: held pure wow in it. Then we started one thirty

613
00:28:15,560 --> 00:28:19,040
Speaker 8: seven pm and then I started going ham. I started

614
00:28:19,080 --> 00:28:21,920
Speaker 8: a new company called Sasha Group after my dad, Sasha

615
00:28:22,280 --> 00:28:25,040
Speaker 8: to be Vayner Media for small businesses. Then I started

616
00:28:25,040 --> 00:28:28,639
Speaker 8: as speaking bureau Vyner Speakers. Then I started a company

617
00:28:28,640 --> 00:28:32,359
Speaker 8: for e commerce, Vayner Commerce. You know, I just started

618
00:28:32,359 --> 00:28:34,560
Speaker 8: going now and so I've got a series of businesses.

619
00:28:34,600 --> 00:28:36,600
Speaker 8: Now we just set up a new company called Vaynor

620
00:28:36,680 --> 00:28:39,239
Speaker 8: Talent where we help people build their personal brand and

621
00:28:39,280 --> 00:28:42,680
Speaker 8: we represent and manage some people. So now I got

622
00:28:42,720 --> 00:28:44,200
Speaker 8: my holding co. And the way you do that, the

623
00:28:44,240 --> 00:28:45,640
Speaker 8: reason I sit at the top of the holding co.

624
00:28:45,840 --> 00:28:47,840
Speaker 8: I'm the active CEO Vanner Media. But I got people

625
00:28:47,920 --> 00:28:50,840
Speaker 8: running the other companies, and you create incentive plans for

626
00:28:50,880 --> 00:28:53,120
Speaker 8: them at their level. It all ladders up to the

627
00:28:53,120 --> 00:28:54,960
Speaker 8: big level and That's where I'm at.

628
00:28:56,240 --> 00:28:56,960
Speaker 3: There you have it.

629
00:28:57,880 --> 00:29:01,520
Speaker 6: So as far as one last question about the angel,

630
00:29:01,960 --> 00:29:03,880
Speaker 6: what do you look for because you obviously had a

631
00:29:03,920 --> 00:29:08,560
Speaker 6: bunch of success Facebook, Twitter, tumba, Uber, snap, Venmo, to

632
00:29:08,640 --> 00:29:11,360
Speaker 6: name a few, So it's not luck. So you obviously

633
00:29:11,360 --> 00:29:13,920
Speaker 6: have an eye for talent more so I mean a

634
00:29:13,960 --> 00:29:16,920
Speaker 6: gut feeling. Yeah, but do you have anything that you like?

635
00:29:17,240 --> 00:29:19,160
Speaker 6: A checklist where you look for.

636
00:29:19,680 --> 00:29:24,200
Speaker 8: One two things, my conviction of what's going on in life,

637
00:29:25,000 --> 00:29:27,200
Speaker 8: and then the person.

638
00:29:27,560 --> 00:29:29,680
Speaker 7: So I call it the jockey and the horse. I

639
00:29:29,720 --> 00:29:31,440
Speaker 7: got to pick the horse. Let me give you one.

640
00:29:31,360 --> 00:29:33,200
Speaker 8: Right now for everybody. I'm going to make some people

641
00:29:33,240 --> 00:29:33,880
Speaker 8: some money today.

642
00:29:35,440 --> 00:29:35,800
Speaker 7: NFT.

643
00:29:37,720 --> 00:29:43,560
Speaker 8: NFT stands for non fungible tokens crypto art, right, so

644
00:29:44,000 --> 00:29:48,240
Speaker 8: on top of a theory, so this is coming. I

645
00:29:48,320 --> 00:29:50,280
Speaker 8: believe in it. There's gold be a lot of money lost,

646
00:29:50,840 --> 00:29:54,920
Speaker 8: so don't go crazy. Everyone who's listening, spend one hundred hours.

647
00:29:55,120 --> 00:29:57,720
Speaker 8: Let me say it slowly so it sinks in everyone's head.

648
00:29:57,960 --> 00:30:04,800
Speaker 8: One hundred hours, one hundred hours of education. Then maybe

649
00:30:04,800 --> 00:30:07,440
Speaker 8: you go buy a piece of crypto art. But I

650
00:30:07,480 --> 00:30:12,280
Speaker 8: now believe in NFT. I really believe in it. Now

651
00:30:12,280 --> 00:30:13,800
Speaker 8: I got to go find people that I believe in

652
00:30:13,800 --> 00:30:16,040
Speaker 8: that cold ride that horse. So I make a decision

653
00:30:16,040 --> 00:30:18,480
Speaker 8: on the horse. But then I got to believe in

654
00:30:18,520 --> 00:30:20,960
Speaker 8: the jockey. I lost a lot of money my first

655
00:30:21,040 --> 00:30:23,840
Speaker 8: round two thousand and seven, eight nine, ten, eleven, twelve

656
00:30:24,240 --> 00:30:27,280
Speaker 8: because I was right about the concept, but I was

657
00:30:27,320 --> 00:30:29,680
Speaker 8: wrong about the person's stomach who was running it.

658
00:30:30,280 --> 00:30:33,000
Speaker 7: She or he couldn't take a punch, you understand.

659
00:30:33,680 --> 00:30:36,120
Speaker 8: Yeah, That's what I'm looking for now, Who can take

660
00:30:36,160 --> 00:30:41,960
Speaker 8: a punch. That's what entrepreneurship is. Entrepreneurship is UFC, Entrepreneurship

661
00:30:42,000 --> 00:30:45,760
Speaker 8: is boxing. Who can take a punch. So I'm right

662
00:30:46,120 --> 00:30:48,120
Speaker 8: about a lot of stuff. To your point, I've got

663
00:30:48,120 --> 00:30:51,120
Speaker 8: a great career on that. But now what I'm spending

664
00:30:51,160 --> 00:30:51,720
Speaker 8: more time on.

665
00:30:51,760 --> 00:30:54,880
Speaker 7: Is can she do it? Is he about that life?

666
00:30:55,520 --> 00:30:58,000
Speaker 8: And I'm trying to spend more time on that, and

667
00:30:58,040 --> 00:30:59,719
Speaker 8: I think I've done better lately.

668
00:31:00,320 --> 00:31:00,520
Speaker 3: Yeah.

669
00:31:00,600 --> 00:31:03,360
Speaker 5: So so, I mean I've watched the videos, man, and

670
00:31:03,480 --> 00:31:06,240
Speaker 5: like you said, there are receipts, So creating and finding

671
00:31:06,240 --> 00:31:08,400
Speaker 5: global trends is of your thing. I watched it when

672
00:31:08,440 --> 00:31:10,080
Speaker 5: you said that Facebook is going to be sold to

673
00:31:10,120 --> 00:31:14,720
Speaker 5: i G in twenty eleven. I saw when you say Facebook,

674
00:31:14,800 --> 00:31:17,160
Speaker 5: So yeah, and then and then the Joe Rogan and

675
00:31:17,200 --> 00:31:19,440
Speaker 5: Spotify and so is n f T the next thing

676
00:31:19,520 --> 00:31:21,880
Speaker 5: or is this something you know that was crazy? It

677
00:31:22,040 --> 00:31:23,240
Speaker 5: is this else.

678
00:31:24,560 --> 00:31:28,120
Speaker 8: NFT is gonna happen, uh something else. I'm about audio.

679
00:31:28,360 --> 00:31:29,880
Speaker 8: I would talk about that a lot. Now you see

680
00:31:29,880 --> 00:31:32,880
Speaker 8: club I'm getting a lot of again because of Clubhouse.

681
00:31:33,560 --> 00:31:37,280
Speaker 7: I was about audio. I was kept yelling audio, audio, audio.

682
00:31:40,680 --> 00:31:46,800
Speaker 8: Premium sports cars, lebron Kobe Jordan, you know n f

683
00:31:46,880 --> 00:31:47,680
Speaker 8: T n FT.

684
00:31:47,840 --> 00:31:51,080
Speaker 7: I feel really solidified on that's great.

685
00:31:51,120 --> 00:31:53,479
Speaker 5: We just who you have that conversation we had We

686
00:31:53,520 --> 00:31:55,560
Speaker 5: had the digital so somebody text us, one of our

687
00:31:55,560 --> 00:31:57,920
Speaker 5: Patreon members texting us about text me about the digital

688
00:31:58,040 --> 00:31:59,880
Speaker 5: art in that that space. And then we had when

689
00:31:59,920 --> 00:32:01,920
Speaker 5: I keys, oh yeah, she said the same thing.

690
00:32:02,000 --> 00:32:03,840
Speaker 6: Yeah, he was explaining he was in Miami. We said

691
00:32:03,880 --> 00:32:05,760
Speaker 6: that with a good friend of ours, and he was

692
00:32:05,800 --> 00:32:08,640
Speaker 6: explaining us to us about crypto and digital art and

693
00:32:09,080 --> 00:32:10,160
Speaker 6: I didn't really understand it.

694
00:32:10,200 --> 00:32:11,560
Speaker 3: And he took like a half an hour, and he

695
00:32:11,640 --> 00:32:12,600
Speaker 3: was like, if you have.

696
00:32:12,640 --> 00:32:16,000
Speaker 6: Like an art showing and it's like that the artist

697
00:32:16,120 --> 00:32:19,040
Speaker 6: like leases out the image for just that virtual war.

698
00:32:19,200 --> 00:32:20,200
Speaker 3: Yeah, it was a whole thing.

699
00:32:20,560 --> 00:32:22,280
Speaker 6: And that's the first time and it's crazy that you

700
00:32:22,360 --> 00:32:24,120
Speaker 6: mentioned that, because that's the first time I ever heard

701
00:32:24,120 --> 00:32:26,120
Speaker 6: of it last week, and now you're bringing it up again.

702
00:32:26,720 --> 00:32:28,880
Speaker 7: Let me bring up something else that's gonna make it work.

703
00:32:30,760 --> 00:32:32,320
Speaker 8: The other thing I was going to answer you on

704
00:32:32,800 --> 00:32:35,840
Speaker 8: in combination with crypto art, like call it an NFT

705
00:32:35,920 --> 00:32:38,280
Speaker 8: non funcible token to like digital art, crypto art.

706
00:32:39,560 --> 00:32:40,960
Speaker 7: Is vr M.

707
00:32:42,400 --> 00:32:47,560
Speaker 8: So look, we're basically in VR now. Think about what everybody,

708
00:32:47,600 --> 00:32:49,480
Speaker 8: take a step back. I'm gonna make it real common sense.

709
00:32:50,400 --> 00:32:55,480
Speaker 8: How much time are you in your phone? Think about

710
00:32:55,520 --> 00:32:58,200
Speaker 8: how many minutes a day you're looking at your phone.

711
00:32:59,600 --> 00:33:01,800
Speaker 8: There be a rhinoceros behind you. You have no.

712
00:33:01,800 --> 00:33:04,920
Speaker 3: Idea, So.

713
00:33:06,480 --> 00:33:13,160
Speaker 8: The jump step to oculus right. AKA, I'm predicting in

714
00:33:13,200 --> 00:33:15,400
Speaker 8: ten fifteen years you're not gonna need some big ass

715
00:33:15,560 --> 00:33:16,160
Speaker 8: thing on your eyes.

716
00:33:16,200 --> 00:33:17,800
Speaker 7: You're gonna be contact lensed and in.

717
00:33:20,440 --> 00:33:22,800
Speaker 8: If we live in a virtual world six hours a day,

718
00:33:22,840 --> 00:33:25,240
Speaker 8: which I predict will happen to everybody who's listening here.

719
00:33:26,200 --> 00:33:29,760
Speaker 7: Now, I think that's ten fifteen, twenty, but I'm patient.

720
00:33:32,080 --> 00:33:33,000
Speaker 7: If we live.

721
00:33:32,920 --> 00:33:37,760
Speaker 8: Virtually you have to understand why blockchain crypto NFTs matter

722
00:33:38,320 --> 00:33:42,160
Speaker 8: because you can prove that you own it. It's on

723
00:33:42,200 --> 00:33:45,320
Speaker 8: the blockchain, it's on the leisure so you're the only

724
00:33:45,360 --> 00:33:49,640
Speaker 8: one with it. Now imagine if you're the only one

725
00:33:49,640 --> 00:33:52,840
Speaker 8: in it. If you imagine blockchain integration to VR, when

726
00:33:52,880 --> 00:33:55,400
Speaker 8: somebody's coming to your pad and you're.

727
00:33:55,000 --> 00:33:57,040
Speaker 7: Like living it, like.

728
00:33:56,920 --> 00:33:59,280
Speaker 8: It's gonna feel like we're living And the same reason

729
00:33:59,280 --> 00:34:02,680
Speaker 8: people flex, are you see where this is going? Yeah?

730
00:34:02,760 --> 00:34:07,040
Speaker 5: Yeah, can we go back to the collectible cards? Because

731
00:34:07,080 --> 00:34:08,719
Speaker 5: I know that. I mean, that's your origin, so this

732
00:34:08,800 --> 00:34:10,759
Speaker 5: must feel like surreal, Like yo, this is coming back.

733
00:34:11,160 --> 00:34:14,000
Speaker 8: The biggest reason, the biggest reason so many of my friends,

734
00:34:14,040 --> 00:34:16,120
Speaker 8: my brother, my best friends didn't believe me three years

735
00:34:16,160 --> 00:34:18,120
Speaker 8: ago is I think they thought I was thinking with

736
00:34:18,160 --> 00:34:18,920
Speaker 8: my heart.

737
00:34:21,239 --> 00:34:21,560
Speaker 7: Got it?

738
00:34:21,640 --> 00:34:23,880
Speaker 5: Because yeah, because I mean that was that was the beginning.

739
00:34:24,080 --> 00:34:25,680
Speaker 7: I was like when I was like, why is nobody

740
00:34:25,719 --> 00:34:27,200
Speaker 7: believe in me? Three years ago? When I was like, yo,

741
00:34:27,239 --> 00:34:29,759
Speaker 7: I got receipts now listen to me, And I was like,

742
00:34:29,840 --> 00:34:32,000
Speaker 7: oh shit. The people that believed in me the most,

743
00:34:32,000 --> 00:34:33,560
Speaker 7: that love me the most, that know me the most,

744
00:34:34,120 --> 00:34:38,239
Speaker 7: they think I'm in love right, because you're right, it

745
00:34:38,280 --> 00:34:39,040
Speaker 7: is my first love.

746
00:34:39,120 --> 00:34:42,480
Speaker 8: That's like cards is in nineteen eighty seven to nineteen

747
00:34:42,520 --> 00:34:45,360
Speaker 8: ninety three, that's when I became Gary Vee. Like what

748
00:34:45,440 --> 00:34:47,840
Speaker 8: I am built on today is those six years of

749
00:34:47,880 --> 00:34:52,040
Speaker 8: doing sports card shows, being with grown ass men and winning.

750
00:34:54,880 --> 00:34:55,600
Speaker 7: As a child.

751
00:34:56,120 --> 00:34:58,880
Speaker 5: Yeah, I remember that. I'm gonna let you go, but

752
00:34:59,000 --> 00:35:01,480
Speaker 5: I remember being that from like ninety one, I was

753
00:35:01,520 --> 00:35:05,040
Speaker 5: collecting baseball cards and basketball cards and Marvel cards, and

754
00:35:05,040 --> 00:35:06,400
Speaker 5: I was like, I gotta say these. I think the

755
00:35:06,640 --> 00:35:08,360
Speaker 5: most valuable one I could think we had was a

756
00:35:08,560 --> 00:35:10,840
Speaker 5: Ken Griffey Junior rookie card. And I'm like, I'm holding

757
00:35:10,840 --> 00:35:11,240
Speaker 5: this forever.

758
00:35:11,719 --> 00:35:14,480
Speaker 7: Damn, he's gonna.

759
00:35:13,840 --> 00:35:15,719
Speaker 5: I still have it. It's like worth like I think

760
00:35:15,719 --> 00:35:17,440
Speaker 5: it's Mint nine or something like that. It might be

761
00:35:17,440 --> 00:35:19,200
Speaker 5: worth like six seven hundred dollars, but I'm like, I'm

762
00:35:19,280 --> 00:35:19,920
Speaker 5: keeping this forever.

763
00:35:20,280 --> 00:35:22,360
Speaker 6: So what's the deal with this new virtual wave that

764
00:35:22,400 --> 00:35:24,360
Speaker 6: you're speaking of? With that, I'm not familiar with this

765
00:35:24,400 --> 00:35:27,320
Speaker 6: whole situation. So what is this virtual cards?

766
00:35:27,600 --> 00:35:29,560
Speaker 5: No, like the trading cards, like baseball cards.

767
00:35:29,360 --> 00:35:30,640
Speaker 3: I know, but like it is like a new age

768
00:35:30,640 --> 00:35:32,439
Speaker 3: of that. There is something.

769
00:35:32,480 --> 00:35:34,960
Speaker 8: There is two things brewing. There's NBA top Shop. I

770
00:35:35,000 --> 00:35:36,600
Speaker 8: don't know if you've seen that, but that's.

771
00:35:36,480 --> 00:35:39,360
Speaker 5: Oh I think I did. Yeah. Yeah, they're like the holograms.

772
00:35:39,640 --> 00:35:43,480
Speaker 8: That's well, they're like highlights highlights, Yeah, on the blockchain.

773
00:35:43,800 --> 00:35:45,800
Speaker 8: So that's we're talking a little bit now with NFT

774
00:35:46,200 --> 00:35:48,160
Speaker 8: the ship we were talking about earlier and be a

775
00:35:48,200 --> 00:35:51,200
Speaker 8: top shops huge and there is a soccer one proper

776
00:35:51,239 --> 00:35:55,280
Speaker 8: football coach. So Rare built on top of ethereum okay,

777
00:35:55,680 --> 00:35:57,799
Speaker 8: And that's the word people starting to hear now, right,

778
00:35:57,840 --> 00:36:00,360
Speaker 8: because that's different than bitcoin. But the other thing that

779
00:36:00,360 --> 00:36:02,400
Speaker 8: has heat because it's a platform that people build on

780
00:36:02,400 --> 00:36:07,919
Speaker 8: top of, like so Rare. So yeah, there's a little

781
00:36:07,920 --> 00:36:09,839
Speaker 8: bit of that ruin. But yeah, the sports card thing

782
00:36:09,880 --> 00:36:11,680
Speaker 8: three years ago, I saw it. I'm like, this is next,

783
00:36:12,280 --> 00:36:17,160
Speaker 8: this is next. And you know again, like I said earlier,

784
00:36:17,239 --> 00:36:24,919
Speaker 8: Charlie Demillio, sports Cards, Uber, Gunna, little Keyed, you know, Snapchat,

785
00:36:25,480 --> 00:36:27,239
Speaker 8: like it's all the same game for me, What do

786
00:36:27,400 --> 00:36:30,239
Speaker 8: I see that nobody else sees as easily as I

787
00:36:30,360 --> 00:36:33,360
Speaker 8: see it? Am I tricking my I always ask myself, there,

788
00:36:33,360 --> 00:36:36,000
Speaker 8: am I tricking myself? So I double check a triple check,

789
00:36:36,000 --> 00:36:37,799
Speaker 8: a quadruple check, and.

790
00:36:37,760 --> 00:36:39,880
Speaker 7: The receipts are there. The YouTube videos of me and

791
00:36:39,960 --> 00:36:40,919
Speaker 7: Charlie Demilio.

792
00:36:40,640 --> 00:36:43,479
Speaker 8: Before she went there, the videos of me and Keyed

793
00:36:43,520 --> 00:36:45,040
Speaker 8: and Gunna there, they're there.

794
00:36:47,000 --> 00:36:51,320
Speaker 6: So your social media acumen is highly respecting one of

795
00:36:51,360 --> 00:36:53,000
Speaker 6: the best to have a do in social media. So

796
00:36:53,040 --> 00:36:56,240
Speaker 6: talking about the next phase where we at next, obviously

797
00:36:56,280 --> 00:36:57,560
Speaker 6: Clubhouse TikTok.

798
00:36:57,880 --> 00:36:58,560
Speaker 3: How do you feel?

799
00:36:58,600 --> 00:37:00,440
Speaker 6: Like do you feel because I think face just an

800
00:37:00,480 --> 00:37:02,080
Speaker 6: noow something that they're going to do something similar to

801
00:37:02,120 --> 00:37:03,680
Speaker 6: what Clubhouse has going.

802
00:37:04,640 --> 00:37:06,640
Speaker 3: Is it here to stay or is it the next vine?

803
00:37:06,680 --> 00:37:12,040
Speaker 8: It's it's Snapchat. Let me explain, Clubhouse is Snapchat. Snapchat's

804
00:37:12,040 --> 00:37:14,440
Speaker 8: still here. Remember one's like I remember when it's like

805
00:37:14,440 --> 00:37:16,280
Speaker 8: it's dead. I'm like, it's not dead. It got dented.

806
00:37:16,560 --> 00:37:19,080
Speaker 8: Instagram gave it a punch. You know, it's a good Now.

807
00:37:19,640 --> 00:37:21,959
Speaker 8: It might have lost it might have it definitely fell down.

808
00:37:22,040 --> 00:37:25,719
Speaker 9: It got standing eight, yeah, at least the standing eight

809
00:37:25,760 --> 00:37:28,719
Speaker 9: and probably lost that fight for a minute, but it's

810
00:37:28,760 --> 00:37:31,439
Speaker 9: come back to you know, the rematch always matters, right,

811
00:37:31,800 --> 00:37:33,239
Speaker 9: And Snap is doing quite well.

812
00:37:33,239 --> 00:37:34,640
Speaker 7: They're building a really nice company.

813
00:37:35,480 --> 00:37:38,279
Speaker 8: But Instagram took off even more because of it, So

814
00:37:39,640 --> 00:37:41,160
Speaker 8: stories became a.

815
00:37:41,160 --> 00:37:45,040
Speaker 7: Format not just an app. Got it.

816
00:37:45,520 --> 00:37:51,319
Speaker 8: So now you have Snap doing well, but every platform Twitter, LinkedIn, YouTube, Facebook,

817
00:37:51,520 --> 00:37:54,879
Speaker 8: Instagram has stories. I think the same thing's gonna happen

818
00:37:54,920 --> 00:37:57,600
Speaker 8: with Clubhouse. Clubhouse is going to continue to innovate and

819
00:37:57,640 --> 00:38:02,839
Speaker 8: do its thing. But I believe that every single platform, Facebook, Instagram,

820
00:38:03,160 --> 00:38:08,880
Speaker 8: LinkedIn Twitter are all going to have clubhouse like dynamics

821
00:38:08,920 --> 00:38:11,560
Speaker 8: in it, and it's going to be a feature in

822
00:38:11,600 --> 00:38:12,920
Speaker 8: the biggest platforms in the world.

823
00:38:13,680 --> 00:38:16,000
Speaker 5: So can a clubhouse survive? Because we saw this with

824
00:38:16,120 --> 00:38:17,920
Speaker 5: Vine when they had the eight second clip and then

825
00:38:18,239 --> 00:38:19,359
Speaker 5: Instagram took it.

826
00:38:19,719 --> 00:38:21,799
Speaker 8: No, that's just you know, that's where people get their

827
00:38:21,840 --> 00:38:25,880
Speaker 8: history wrong. Vine won Let me explain, Vine sold their

828
00:38:25,920 --> 00:38:30,919
Speaker 8: company to Twitter. Vine died because the guys left. Vine

829
00:38:30,960 --> 00:38:36,160
Speaker 8: didn't have to die. Vine took the bag. Let's when

830
00:38:36,440 --> 00:38:40,680
Speaker 8: no Snap of course again, look at Snap. Snap's just

831
00:38:40,880 --> 00:38:43,360
Speaker 8: fine at all time highs on its stocky.

832
00:38:43,960 --> 00:38:46,759
Speaker 3: I was just about to say stock is going well.

833
00:38:46,840 --> 00:38:50,760
Speaker 8: Yeah, so yes, man, of course clubhouse can now. Snap

834
00:38:51,040 --> 00:38:55,360
Speaker 8: was probably further along when that feature happened on Instagram.

835
00:38:55,520 --> 00:38:59,279
Speaker 8: So a clubhouse has to worry about is if all

836
00:38:59,280 --> 00:39:02,839
Speaker 8: these companies come adam from all different directions, can they

837
00:39:02,840 --> 00:39:05,560
Speaker 8: continue to grow or will people do what happened?

838
00:39:05,600 --> 00:39:06,719
Speaker 7: You know, I'm sure you remember this.

839
00:39:06,800 --> 00:39:10,239
Speaker 8: When Instagram did that thing, Everyone's like, oh good, I

840
00:39:10,280 --> 00:39:11,799
Speaker 8: don't have to be on Snapchat because they're in secure

841
00:39:11,800 --> 00:39:13,359
Speaker 8: because they only had a thousand followers, they didn't had

842
00:39:13,400 --> 00:39:15,759
Speaker 8: a million over here, like everyone's on their insecure shit.

843
00:39:15,800 --> 00:39:18,200
Speaker 8: But I would staying on both because attention is attention.

844
00:39:18,840 --> 00:39:20,839
Speaker 8: So what you know right now people are insecure. They're

845
00:39:20,880 --> 00:39:23,200
Speaker 8: not even in clubhouse. They don't have an invite. So

846
00:39:23,320 --> 00:39:25,640
Speaker 8: when Twitter pops it up or Instagram pops it up,

847
00:39:25,680 --> 00:39:27,479
Speaker 8: they're like, yeah, you know what I mean, I don't

848
00:39:27,520 --> 00:39:31,160
Speaker 8: have to go there. I'm not behind. So that's what

849
00:39:31,400 --> 00:39:33,840
Speaker 8: That's what clubhouse has to worry about. What about TikTok,

850
00:39:35,360 --> 00:39:40,200
Speaker 8: You know, TikTok is a beast, TikTok has it's just

851
00:39:40,280 --> 00:39:42,680
Speaker 8: on fire. I think people are completely confused what's going on.

852
00:39:42,719 --> 00:39:45,480
Speaker 8: If you're under twenty five, it's TikTok, Comma.

853
00:39:45,320 --> 00:39:51,520
Speaker 7: Instagram and it's not even close. TikTok will be interesting.

854
00:39:51,560 --> 00:39:57,680
Speaker 8: They're so about their world, their algorithm finding creativity. If

855
00:39:57,680 --> 00:40:02,200
Speaker 8: you ask me which platforms most likely to do audio

856
00:40:02,400 --> 00:40:05,120
Speaker 8: like that, I would say it's TikTok and Snap. I

857
00:40:05,120 --> 00:40:09,120
Speaker 8: don't see a shot that LinkedIn YouTube and Facebook and

858
00:40:09,239 --> 00:40:10,359
Speaker 8: Instagram don't do it.

859
00:40:11,480 --> 00:40:12,600
Speaker 7: Twitter's already done it.

860
00:40:14,800 --> 00:40:17,960
Speaker 6: Yeah, it's interesting because it's like for entrepreneurs, you get

861
00:40:18,000 --> 00:40:21,920
Speaker 6: comfortable with one platform, and then another platform comes out

862
00:40:21,920 --> 00:40:23,840
Speaker 6: and it's like you're spinning in all different directions. So

863
00:40:23,880 --> 00:40:26,040
Speaker 6: what's your advice for people that may not have a

864
00:40:26,040 --> 00:40:28,080
Speaker 6: budget to hire, you know, a whole staff, and it's

865
00:40:28,080 --> 00:40:30,560
Speaker 6: like they just focus on one thing. They got Instagram

866
00:40:30,560 --> 00:40:32,120
Speaker 6: figured out, and now they kind of, like you said,

867
00:40:32,320 --> 00:40:34,160
Speaker 6: they built a nice following on Instagram and they feel

868
00:40:34,160 --> 00:40:36,560
Speaker 6: like they got to start at zero on TikTok or

869
00:40:36,680 --> 00:40:39,200
Speaker 6: zero on clubhouse multiple things.

870
00:40:39,200 --> 00:40:42,439
Speaker 7: One crying about it and could do shit.

871
00:40:43,800 --> 00:40:48,440
Speaker 8: It's the game, sorry, like you know, like you know,

872
00:40:48,520 --> 00:40:51,359
Speaker 8: like people had people had MTV and BT figured out

873
00:40:51,400 --> 00:40:53,600
Speaker 8: and Naster came along that fucked up their.

874
00:40:53,440 --> 00:40:56,000
Speaker 7: Game, right, Shit happens. Sorry.

875
00:40:56,520 --> 00:40:59,040
Speaker 8: If you're an entrepreneur, you're in the business of getting

876
00:40:59,040 --> 00:41:04,440
Speaker 8: punched in the face. Nobody owes you anything. So that's

877
00:41:04,520 --> 00:41:06,000
Speaker 8: number one, that's what I tell him. Number two, you

878
00:41:06,000 --> 00:41:08,200
Speaker 8: don't start at zero. If you've got a million followers

879
00:41:08,200 --> 00:41:11,759
Speaker 8: on Instagram, you post a little photo, I'm gonna be

880
00:41:11,800 --> 00:41:15,480
Speaker 8: on clubhouse APM, you know what I mean. So you're

881
00:41:15,520 --> 00:41:17,880
Speaker 8: not starting at zero. Your audience is moving with you.

882
00:41:18,600 --> 00:41:21,040
Speaker 8: I got half a million followers already on Clubhouse. I've

883
00:41:21,040 --> 00:41:22,880
Speaker 8: barely been on becuse I've been busy, you know what

884
00:41:22,920 --> 00:41:25,839
Speaker 8: I mean. You don't start at zero, your equity travels.

885
00:41:26,760 --> 00:41:28,840
Speaker 5: Yeah, can we tell Can I talk about one of

886
00:41:28,840 --> 00:41:30,719
Speaker 5: my favorite quotes, as you said, it was, it's the

887
00:41:30,760 --> 00:41:33,840
Speaker 5: empty the bucket, and it's true in relationships, and it

888
00:41:33,960 --> 00:41:36,040
Speaker 5: was like I was living that. I was like, it's

889
00:41:36,080 --> 00:41:38,239
Speaker 5: tough to be in a marriage where you you have

890
00:41:38,320 --> 00:41:40,560
Speaker 5: something on your mind that you you you fest it

891
00:41:40,600 --> 00:41:43,360
Speaker 5: because after a while the bucket overflows. But can you

892
00:41:43,360 --> 00:41:46,080
Speaker 5: talk about the points of that in business of empty

893
00:41:46,080 --> 00:41:47,040
Speaker 5: in the bucket.

894
00:41:47,400 --> 00:41:50,839
Speaker 8: It's life resentments of problem And for me, I can

895
00:41:51,000 --> 00:41:53,799
Speaker 8: deal with I can eat shit. I can fill that

896
00:41:53,840 --> 00:41:57,000
Speaker 8: bucket because I'm a big picture. I'm empathetic. But even

897
00:41:57,000 --> 00:41:59,239
Speaker 8: for me, it tips over. And for my dad he

898
00:41:59,360 --> 00:42:01,840
Speaker 8: was the reverse. Said to my dad, Dad, your buckets

899
00:42:01,880 --> 00:42:04,200
Speaker 8: the size of this cup. My buckets the size of

900
00:42:04,239 --> 00:42:06,279
Speaker 8: the ocean. That's where you and I are different. He

901
00:42:06,320 --> 00:42:09,360
Speaker 8: would get triggered quick, you know. And for me, I

902
00:42:09,400 --> 00:42:11,680
Speaker 8: would just eat shit, eat shit. It was even my leverage,

903
00:42:11,760 --> 00:42:14,239
Speaker 8: you know, I would like but like the reality is

904
00:42:14,280 --> 00:42:15,160
Speaker 8: candor matters.

905
00:42:15,480 --> 00:42:17,600
Speaker 7: Now, I like kind candor. If you're gonna tell somebody

906
00:42:17,600 --> 00:42:19,000
Speaker 7: the truth, deliber it with.

907
00:42:18,960 --> 00:42:21,320
Speaker 8: Some compassion, not like yo, you stink, you know what

908
00:42:21,320 --> 00:42:23,200
Speaker 8: I mean, like you know, like you got to think

909
00:42:23,239 --> 00:42:26,480
Speaker 8: that through. But yeah, you have to be careful of resentment.

910
00:42:26,760 --> 00:42:29,520
Speaker 8: You have to be careful of holding shit in because

911
00:42:29,560 --> 00:42:32,440
Speaker 8: it's not sustainable that shit's gonna come out either in

912
00:42:32,920 --> 00:42:37,040
Speaker 8: you doing bad behavior right, alcohols like people, humans need

913
00:42:37,160 --> 00:42:41,080
Speaker 8: escape from unhappiness, you know, And so you got to

914
00:42:41,080 --> 00:42:42,880
Speaker 8: get shit off your chest. And so I think a

915
00:42:42,880 --> 00:42:45,719
Speaker 8: lot about that, and I've historically not been great at it.

916
00:42:45,800 --> 00:42:48,879
Speaker 8: I've been lucky because my bucket's an ocean, but even

917
00:42:48,920 --> 00:42:51,600
Speaker 8: the ocean overflows at times, and those have not been

918
00:42:51,600 --> 00:42:53,279
Speaker 8: good events in my life. And I'm trying to stay

919
00:42:53,280 --> 00:42:55,440
Speaker 8: away from that, and so I'm trying to empty it

920
00:42:55,480 --> 00:42:58,560
Speaker 8: more often. I'm emptying it. Emptying the bucket means go

921
00:42:58,640 --> 00:43:03,520
Speaker 8: and have kind candor and talk shit out. Communication heals everything,

922
00:43:03,800 --> 00:43:06,840
Speaker 8: even the hard talks. And and and when you're most upset,

923
00:43:06,920 --> 00:43:09,160
Speaker 8: you have to be most compassionate to the other side,

924
00:43:09,440 --> 00:43:11,560
Speaker 8: not the other way around, because if you becoming hot, they're

925
00:43:11,560 --> 00:43:13,359
Speaker 8: going to react hot, and the next thing you know,

926
00:43:13,680 --> 00:43:16,200
Speaker 8: you come to blows, whether physically or verbally, and that's

927
00:43:16,239 --> 00:43:16,879
Speaker 8: never a good thing.

928
00:43:17,480 --> 00:43:19,480
Speaker 5: Becomes a tsunami exactly.

929
00:43:20,680 --> 00:43:23,719
Speaker 6: One last before we wrap underpriced attention. I know you're

930
00:43:23,719 --> 00:43:26,360
Speaker 6: a big one to obviously social media, but for entrepren

931
00:43:26,560 --> 00:43:28,920
Speaker 6: is that is that the only way to get underpriced

932
00:43:28,920 --> 00:43:31,759
Speaker 6: attention these days? Or are there other hacks that you know,

933
00:43:31,800 --> 00:43:35,000
Speaker 6: business owners, entrepreneurs, creatives can go about to get their

934
00:43:35,040 --> 00:43:36,520
Speaker 6: brand out there and the name out.

935
00:43:36,360 --> 00:43:39,360
Speaker 8: There that the internet is underpriced attention or doing like

936
00:43:39,400 --> 00:43:43,160
Speaker 8: a stunt, right, like if you like paint a street

937
00:43:43,280 --> 00:43:44,840
Speaker 8: or something, or like, you know, like you got to

938
00:43:44,880 --> 00:43:47,160
Speaker 8: do something like shocks the world in real life ral

939
00:43:47,239 --> 00:43:48,880
Speaker 8: go viral, go viral.

940
00:43:48,960 --> 00:43:51,000
Speaker 7: But that's hard, it's hard hard.

941
00:43:51,440 --> 00:43:55,560
Speaker 8: Whereas on the Internet, LinkedIn's organic reaches through the roof,

942
00:43:55,760 --> 00:43:59,200
Speaker 8: TikTok's organic. You could be nobody, quote unquote no audience,

943
00:43:59,360 --> 00:44:02,239
Speaker 8: make one talk the first one and go off. How

944
00:44:02,239 --> 00:44:03,359
Speaker 8: do you not take advantage of that?

945
00:44:04,040 --> 00:44:05,920
Speaker 7: Right? Clubhouse right now? How do you not go on?

946
00:44:06,200 --> 00:44:07,880
Speaker 8: If you're trying to build an audience, you should be

947
00:44:07,960 --> 00:44:10,920
Speaker 8: living on clubhouse people just looking for rooms and new

948
00:44:10,960 --> 00:44:14,480
Speaker 8: people to follow. So, yeah, the Internet and social networks

949
00:44:14,560 --> 00:44:19,919
Speaker 8: especially are the spot. But it's the content you put

950
00:44:19,960 --> 00:44:21,640
Speaker 8: into it that's contextual.

951
00:44:22,560 --> 00:44:24,400
Speaker 6: Yeah, it's all about content.

952
00:44:24,000 --> 00:44:29,640
Speaker 3: Content is king and its contin king. Gary. It's been

953
00:44:29,680 --> 00:44:32,000
Speaker 3: a pleasure, brother, This is you know what this is.

954
00:44:32,040 --> 00:44:34,719
Speaker 5: This has been long overdue. Two years ago we ran

955
00:44:34,760 --> 00:44:37,560
Speaker 5: into you at the case with Yeah, and we said, look,

956
00:44:37,640 --> 00:44:38,160
Speaker 5: you remember that.

957
00:44:38,760 --> 00:44:39,880
Speaker 7: I remember? Are you kidding me?

958
00:44:39,960 --> 00:44:42,839
Speaker 8: You know much pressure been feeling about this interview? It

959
00:44:42,880 --> 00:44:45,560
Speaker 8: was it was documenting your fan base is harassing me.

960
00:44:45,640 --> 00:44:47,960
Speaker 8: I feel guilty and shit because I fuck with you guys,

961
00:44:48,360 --> 00:44:50,080
Speaker 8: and I'm just trying to balance my life out of

962
00:44:50,080 --> 00:44:52,239
Speaker 8: your busiest ship and like and then you know, like

963
00:44:52,360 --> 00:44:54,280
Speaker 8: the way life actually works, you end up doing somebody

964
00:44:54,280 --> 00:44:56,440
Speaker 8: else's thing before like that I just met last week

965
00:44:56,560 --> 00:44:57,839
Speaker 8: and I still know in the back of my head

966
00:44:57,880 --> 00:44:59,359
Speaker 8: I got these two good looking dudes that I got

967
00:44:59,360 --> 00:45:01,720
Speaker 8: to do with this with and so like, I'm fucking

968
00:45:01,760 --> 00:45:02,480
Speaker 8: happy as shit.

969
00:45:02,680 --> 00:45:06,040
Speaker 3: We finally did Yeah, I'll put it on Instagram.

970
00:45:06,040 --> 00:45:09,880
Speaker 6: It was like ten thousand like tag them, Yeah.

971
00:45:10,520 --> 00:45:12,399
Speaker 7: We did this. Man. I'm cheering for you guys. Heavy.

972
00:45:12,400 --> 00:45:14,880
Speaker 8: It's been fun to watch from afar you continue to

973
00:45:14,880 --> 00:45:17,000
Speaker 8: build bricks over these last two years.

974
00:45:17,200 --> 00:45:18,120
Speaker 7: I cheer it for you. Heavy.

975
00:45:18,160 --> 00:45:19,719
Speaker 8: If I can ever get you somebody you can't get

976
00:45:19,760 --> 00:45:22,800
Speaker 8: tom A. I'm a DM away and uh and I

977
00:45:22,880 --> 00:45:24,839
Speaker 8: hope you have a great, great grade twenty twenty one.

978
00:45:25,239 --> 00:45:27,520
Speaker 6: I appreciate that broll and shout out to Charlamagne for

979
00:45:27,880 --> 00:45:28,800
Speaker 6: connecting the dots on you.

980
00:45:28,920 --> 00:45:31,960
Speaker 7: Yeah, yeah, shot the god put the final piece in the.

981
00:45:32,880 --> 00:45:35,239
Speaker 5: He's like, I had no problem get yeah, man, but yeah,

982
00:45:35,360 --> 00:45:38,000
Speaker 5: just you're a man. Your word then, And I'm so

983
00:45:38,000 --> 00:45:40,000
Speaker 5: happy that we got it done. And with neighbors on

984
00:45:40,040 --> 00:45:41,799
Speaker 5: the charts too, so it makes it makes perfect sense.

985
00:45:41,920 --> 00:45:43,640
Speaker 8: He said, I'm sure you guys are doing real work.

986
00:45:43,680 --> 00:45:46,040
Speaker 8: I'm really proud of that. That that little that little

987
00:45:46,120 --> 00:45:47,120
Speaker 8: humber brag you just put out.

988
00:45:47,160 --> 00:45:47,560
Speaker 7: It's real.

989
00:45:47,600 --> 00:45:49,440
Speaker 8: I'm proud of you guys. You're doing real work. It's

990
00:45:49,520 --> 00:45:52,200
Speaker 8: bricked by brick. Listen, I did Wine Library TV for

991
00:45:52,239 --> 00:45:54,680
Speaker 8: eighteen months. Nobody knew who the fuck I was. I

992
00:45:54,719 --> 00:45:58,439
Speaker 8: told you guys earlier in thirteen years, fifty thousand times

993
00:45:58,520 --> 00:46:00,680
Speaker 8: more people gonna know who I am. I'm just starting too.

994
00:46:00,760 --> 00:46:03,480
Speaker 8: We're all on our journey, and it's the journey. It's

995
00:46:03,520 --> 00:46:07,560
Speaker 8: the bricks, you know what I mean? Like, I swear

996
00:46:07,560 --> 00:46:09,040
Speaker 8: to God, you might not believe this. I don't know

997
00:46:09,080 --> 00:46:11,240
Speaker 8: my numbers, I don't know where I'm in the charts.

998
00:46:11,640 --> 00:46:14,920
Speaker 8: It's just, you know, like I'm just so tunneled back

999
00:46:14,920 --> 00:46:16,520
Speaker 8: to the horse and the jockey. You know those horses

1000
00:46:16,520 --> 00:46:19,480
Speaker 8: they put the blinders on the sides, like I don't

1001
00:46:19,520 --> 00:46:21,440
Speaker 8: know where I rank. I don't know where it is.

1002
00:46:21,960 --> 00:46:23,879
Speaker 8: I don't you know. People trying to go me into

1003
00:46:23,880 --> 00:46:24,760
Speaker 8: the shit all the time.

1004
00:46:25,080 --> 00:46:26,160
Speaker 7: I'm just focused.

1005
00:46:26,280 --> 00:46:29,120
Speaker 8: I'm in my cocoon, I'm in my silence, I'm in

1006
00:46:29,160 --> 00:46:31,720
Speaker 8: my zone. I'm just putting in work in the dirty.

1007
00:46:31,880 --> 00:46:33,600
Speaker 8: I'm not at the equinox. I'm in at a dirty

1008
00:46:33,680 --> 00:46:37,520
Speaker 8: gym that smells like shit getting in my reps.

1009
00:46:37,760 --> 00:46:38,399
Speaker 7: You know what I mean.

1010
00:46:38,880 --> 00:46:39,920
Speaker 5: Yeah, that's it.

1011
00:46:39,920 --> 00:46:41,280
Speaker 3: That's like that vibe.

1012
00:46:43,800 --> 00:46:45,160
Speaker 5: Begetting caught in that. Like people are like, oh, you

1013
00:46:45,160 --> 00:46:46,920
Speaker 5: guys are doing so great, and we're just like so

1014
00:46:47,239 --> 00:46:49,600
Speaker 5: like looking ahead to what's coming, Like, yeah, we gotta

1015
00:46:49,600 --> 00:46:50,280
Speaker 5: stay focused.

1016
00:46:50,480 --> 00:46:52,320
Speaker 8: I tell my friends all the time, don't get fancy

1017
00:46:52,400 --> 00:46:53,520
Speaker 8: until it's time to get fancy.

1018
00:46:53,560 --> 00:46:59,319
Speaker 7: Whoever holds their breadth the longest wins that bars out here.

1019
00:46:59,360 --> 00:47:04,440
Speaker 6: Baby, I appreciate you, brother, all right, bro.

1020
00:47:05,840 --> 00:47:06,040
Speaker 5: Well.

1021
00:47:06,080 --> 00:47:07,040
Speaker 3: Shout out to Gary V.

1022
00:47:07,200 --> 00:47:11,120
Speaker 6: Man legendary content as always, good dude right there. Shout

1023
00:47:11,120 --> 00:47:13,720
Speaker 6: out to Charlamagne and shouting Nicole Russell for for helping

1024
00:47:13,719 --> 00:47:14,399
Speaker 6: out with that as well.

1025
00:47:14,520 --> 00:47:14,680
Speaker 8: Man.

1026
00:47:14,800 --> 00:47:16,600
Speaker 3: Yeah so housekeeping.

1027
00:47:16,200 --> 00:47:18,759
Speaker 5: Items, yeah, Man, shout everybody on patreon dot com. You

1028
00:47:18,800 --> 00:47:21,399
Speaker 5: know that it's our proud to paid program, our top

1029
00:47:21,440 --> 00:47:23,880
Speaker 5: tier tier five. You have access to E y L University,

1030
00:47:23,880 --> 00:47:27,960
Speaker 5: the number one school for anything business, finance and entrepreneurship.

1031
00:47:28,360 --> 00:47:28,520
Speaker 8: Uh.

1032
00:47:28,520 --> 00:47:30,080
Speaker 5: So, shout to all the earners that are part of that,

1033
00:47:30,120 --> 00:47:33,040
Speaker 5: and shout everybody to supporting to merch and yeah, shout

1034
00:47:33,040 --> 00:47:34,879
Speaker 5: out to everybody that has been patient with the merch

1035
00:47:34,920 --> 00:47:36,400
Speaker 5: as well. I can't I don't want to ignore that

1036
00:47:37,239 --> 00:47:40,280
Speaker 5: you have been extremely patient and understanding of the process,

1037
00:47:40,360 --> 00:47:43,440
Speaker 5: and so everybody's gonna get that stuff. Uh, don't worry, earners,

1038
00:47:43,440 --> 00:47:43,960
Speaker 5: We got y'all.

1039
00:47:44,239 --> 00:47:45,840
Speaker 3: All right, guys, thank you for rocking with us for

1040
00:47:45,920 --> 00:47:47,120
Speaker 3: see you next week. Peace.

1041
00:47:47,239 --> 00:47:55,280
Speaker 2: Peace, my graduates from my school being forced back drops drop.

1042
00:47:55,640 --> 00:47:57,319
Speaker 3: Mike, drop back drop.

1043
00:48:08,960 --> 00:48:12,880
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