cover of episode Gary Vee's ENTIRE Investing Strategy, Starting from $0 💸 E39

Gary Vee's ENTIRE Investing Strategy, Starting from $0 💸 E39

2023/10/16
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The Money Mondays

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Dan Fleyshman
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Gary Vaynerchuk
国际知名的社交媒体专家和企业家,专注于现代营销策略和数字品牌建设。
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Gary Vaynerchuk: 不要投资自己不了解的东西,即使是聪明人推荐的。快速致富的风险很高,稳扎稳打才能获得长期成功。他分享了自己的投资经历,包括早期投资Facebook和Twitter的成功,以及通过买卖商品(如车库拍卖)积累财富的经验。他强调投资应结合个人兴趣和理解,选择自己了解的领域进行投资,而不是盲目跟风。他还建议,在投资前,应先了解自己的风险承受能力和投资目标,并制定相应的投资计划。此外,他还谈到了财富传承的问题,认为没有标准答案,应该根据个人情况和价值观来决定如何分配财富。他认为,做慈善不应带有炫耀成分,更重要的是通过行动去激励他人参与公益事业。 Dan Fleyshman: 作为节目的主持人,Dan Fleyshman主要负责引导话题,并与Gary Vaynerchuk进行互动,对Gary Vaynerchuk的观点进行补充和解释。他分享了利用AI技术(如ChatGPT)获得个性化理财建议的经验,并鼓励观众积极学习理财知识,并与朋友和家人讨论理财话题。

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Gary Vaynerchuk discusses his investing philosophy, emphasizing the importance of understanding what you invest in and the role of AI in personal finance.

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- I hate when people invest in shit they don't understand 'cause someone smart told them. If you've got 200,000, if you slow down a second, you're more likely to have two million. 'Cause if you go fast, you're back to zero. You know, Google changed the world. ChatGPT, you can ask that bot very, very specific questions. Hey, I'm a plumber, I make 39,000 a year,

i get to save a thousand dollars a year what should i do enter you would be blown away what ai can do could you imagine sitting down with somebody that knew most things ladies and gentlemen welcome to a special edition of the money mondays podcast i am here with my co-host the real tarzan this guy gets over 200 million views a month but he got 215 million views in the last 10 days alone probably because of a trick from the guest that we have today that he just taught him a few weeks ago so the guest that we have today

It would take us, I don't know, maybe the full 40 minutes that it takes for a podcast to go over his entire bio, his history. I don't want to give you any teasers yet. On the Money Mondays, we talk about three core topics, how to make money, how to invest money, and how to give it away to charity. There is no better person to ask these type of questions to than the one, the only, Mr. Gary Vee. My guys.

Thanks for having me. This is so perfect. So Gary just crushed it. We have 2,000 people inside. And right when he got off stage, I was like, pretty please, can you come outside to the RV motorhome? The whole concept of the motorhome is for situations like this, because Gary's one of the busiest humans on the planet, even though we're friends, it's still hard to schedule things. So having the motorhome has been our trick of the trade. You're eliminating friction. Exactly. Like one of the great, like...

People are ordering $4 candy bars on Postmates right now and paying $11 to get it. Right, and tipping $5. Yeah, because time is money. People subconsciously and then consciously realize that that's the one thing we can't get if we're lucky enough to have the financial part. It's like health, money, and time. And so it's really smart that you're eliminating the friction. So kudos to you, Danny. Thank you.

So the way we, the reason we keep it under 40 minutes is the average workout is 45 minutes. The average commute is 45 minutes. And so we keep it to 30 to 40 minutes. This one is going to be exactly 27 minutes because Gary's got to fly out of here. So we're going to dive straight into it. Gary, give us the quick two minute bio so we can get straight to the money.

- You know, look, I'm gonna assume a lot of people, you know, I've done a really aggressive job here the last 20 years, so I don't wanna bore people, but for the ones that don't know, honestly, I'm an entrepreneur who was at the right age when the internet hit. My dad had a liquor store. I was born in the USSR. It was a family business type deal. I built a huge business for my dad on email marketing, on Google AdWords, and then on the flight out here, I realized that I did a YouTube show two months after YouTube was launched. I always thought it was later.

we literally Googled it here, I think it was December 15th or so, 2005, YouTube launched, and February 21st, 2006, I started Wine Library TV. That changed my career. I then became an early investor in Facebook and Twitter.

I didn't even know what an angel investor is or what investing was. I just knew these companies were gonna be big. I, at that point, learned that you could invest in a company before it was on Wall Street. 'Cause I lived in my own cocoon for 15 years in the wine business. I didn't know shit. I didn't grow up with all this information. There was no fucking Monday money fucking podcast. - Seriously, for sure. - The dorks on CNBC were not catching my attention, right? So I didn't know this stuff.

You know, it's why I love putting out information because you like I said on stage I've my public Life is really Made for the 15 year old me I've come to realize you know And so like it's really cool that all these kids coming up or not even the kids It's cool right now that a 53 year old who's going through a transition in her his life is listening to this podcast for free while she's working out or driving to work and

and people are spitting real knowledge. You guys, me, and the other 150,000 people. There's a lot of shit. There's a lot of people looking to do short-term stuff, but anyway, I'm an entrepreneur who believes that nice guys finish first. So,

- On the make money part, we talked about make money, invest money, and give away to charity. On the make money part, you talked about flipping and eBay and garage selling. Walk us through the concept of that for our listeners. - That's a good one because it's weird. I've been a little bit on a roll on this. When I say on a roll, I've probably had 10 to 15 people in the street or the airport or at Comic Con New York where I was for an hour before I flew out here

reference the garage sale thing. It comes up a lot, but it's hot right now, the last three, four days. Anyway, for everyone who's listening, in 2017, I just kind of had this moment where I was like, you know what? I talk all about, oh, invest in the next Twitter, next to Facebook. One thing I do well and one thing I recommend everybody who's listening that does content, you need to read your DMs. That's where you get the insights. That's where you know where people's real feelings are.

and I was getting a lot of like, and I was starting to get bigger at the time, and I was getting a lot of like, yo, bro, I fuck with you, but like, fuck you. Like, who's got 25 bands to fucking put into a startup? I got $93 in my Wells Fargo. And I got enough of that

that I was like, okay, bet, I get it. Let me, and I kind of like, you know, I was like, what did I do? You know, my dad paid me five bucks an hour and I wanted money. I was like, fuck, I was doing garage sales. So I just started talking about it and then I did the 2017 Flip Challenge. You can go Google it right now, 2017 Flip Challenge Gary VEE and you'll find the premise, which is what I believe, which is if you have

or if you have less than $10,000 in your bank account, which a lot of people do, I think people that are fortunate kind of lose touch, then buying and selling stuff that you buy at flea markets, garage sales, thrift stores, storage lockers, Facebook marketplace, Craigslist, is real money. Like it's real and what I like about it is people

A lot of people who don't know how to make money any other way really love it. Now that it's been out there for like six years, the amount of people who are like, yo, I've never known how to make money my whole life, I always worked at this or that. Like everybody kind of knows something. So you go to a garage sale, like I know what toys are worth and video games just 'cause I've studied it for so long. But vintage clothes, like records, like here's the reality. 90% of the stuff at a garage sale

that is being sold for a dollar or two is 10 bucks on eBay. And then you get crazy hits. So, you know, I would go to Instagram right now or TikTok and put #garagesaleflip or yardsaleflip. You'd be stunned. Get educated. We're not gonna get to it here. But on the make money side, especially for all the people listening who've got 87 bucks, that 87 bucks can really be 10K. And the problem is with the way the world, all the free information's good, but on the flip side, all the kids that are listening right now that have 87 bucks,

they think they need to make a million. And I'm like, listen, make 10,000 before you make a million, and when you get to 10,000, figure out how to get 100,000, and then you can get to a million, you know, and getting from 87,

you're 30 and you've never had any money to a million, it's not gonna happen. You're gonna chase fads, you're gonna chase bullshit, scams. And so, I'm really about that flip. I mean, I did it the other day. I literally, 'cause I still film something called Trash Talk on, I've done 10 or 11 episodes where I just go do it and it's just there. It's there and I'm really excited about it. I think most people should be able to make $500 in profit.

And look, if you're listening right now, and here's the other thing, it's fun for certain people. - The game is fun. - Especially if you have a partner. It's a great father-daughter, father-son, me and AJ are real tight, we're 11 years apart. I think both of us would say besides Jets football that garage sailing, and maybe even garage sailing more, 'cause during Jets football we're just being maniacs and focusing, but when you wake up at 6:30 and you go to Burger King to get a coffee,

and then you drive 25 minutes to the town-wide. By the way, if you wanna really crush garage sales, Google town-wide garage sale because you don't wanna spend all morning going to four.

A lot of towns around the country will do a town wide garage and you can hit 100 in four hours. So that's a little hack. Anyway, but you have to drive 40 minutes to get to the town that's doing it. So for me and AJ when he was 13, 14, 15, 16 and I was 24, 25, 26, those were real moments when we were driving from seven to eight a.m. where he's talking about liking girls and school and life and I'm talking about building dad's business.

it really bonded us and so for a lot of people, I've gotten emails of them and their best friend became closer because you're grinding and what's funny is for a lot of people that don't have money, you know this, they also are commonly very cliche the person that wakes up at 11 a.m. on a Saturday. Now they're waking up at 6:30, they're getting that discipline, they're getting home by 11:12, it's kind of the same, they realize they didn't even, sometimes they're like, "I don't wanna fuck up my bowl

at my bowling or my golf or hanging out with boys or the college football. I'm like, be home by it. And it gets them going and it changes it. And so, yeah, I like flip life. I like it a lot because I also, once you get the first hook, one guy, because I'm so into it still, if someone's like, yo, Gary V, you really put me on, like flip life, like changed my life. I'm always like, yo, what was your

first big one. I'm like, what was your first big one? They're like, you'll never believe it. I bought fucking 40 bucks for a thousand fucking CDs and sold them all for, they were some more rare and this Pink Floyd one was like 80 bucks and I was like, what the fuck? And I was hooked. And that's like, I'm still about that life. That's so fun. So let's say someone starts making some money, right? They hit 10 grand and then 20 and then 30 and 40. I got a big one on this. I'm wondering if any of your guests have said this. I've really thought a lot about this because I do a lot of investing wrong. A lot. What I mean by that

I'm not diversified in real estate enough if you're going by the book. I'm not in the stock market enough if you go by the book. Most of my stock is because I invest in companies that went public and I still have the stock. I do a lot of things wrong. I invest in very high risk early stage companies. I love collectibles which are very volatile, cards, NFTs, art, things like that. But

I'm self-aware of what I'm trying to accomplish, which is I'm trying to maximize joy, not maximize money making. So you have to know who you are. So for me, I know that yes, I have these lofty goals of buying the Jets, but I feel like I'm gonna do that through operating. VeeFriends and VaynerX give me that chance.

and I get joy, I wouldn't say it's gambling, 'cause I think that's just like a different high for people that get off on that, but it's definitely in between gambling and investing the right way that I like, because it makes me happy. And, you know, like I get joy, you know, Facebook and Twitter, like these investments, I mean, it's gonna take me a while to lose enough money to offset how big those wins were.

But then you have to know yourself. For example, here's a weird one. T-bills. Do you know that most of the fucking people who are listening should just get five and a half, six percent of their money? That didn't exist three, four years ago. Shit's changed. Money's expensive now, so interest rates are up. A lot of people who are sitting, I mean, all day long, people are like, Gary Vee, I just got into money my first time. I got 200K. What do I do? I'm like, well, if you don't know what to do,

invest it in T-bills and get your five points on your money instead of letting it sit in the bank with no risk. If you do know what you're doing, you know, I think certain stocks that kick dividends are interesting, like a Pepsi. It's not going away tomorrow. And they're kicking it out. And that's kicking dividends. And then, real estate's great. Like,

I think if you like it, my dad loved it. That's where almost all his investing went into. Almost none of mine has. I'm bored by it. I understand I bought a building and people are paying rent but I'm like, I don't know. I don't like it even though it's great. And by the way, most of the last generation's billionaires came from real estate because all the tax laws written so positive. Real estate's great if you get off on that. And then there's alternative shit. What I will say for sure is

and this is what my number one belief is, is that it's the cross section of something you like and something you understand. I hate when people invest in shit they don't understand 'cause someone smart told them. Please my friends do not invest in shit you do not understand. Which is why I like people buy, though I don't do it, I love people buying stocks of their favorite companies. If you're about Starbucks,

and you do a little reading and you're like, they seem normal, everything's chill, that's a good investment. Buy some Starbucks shares. The stock market's a good bet. The stock market will work as long as America's around. So that's a very good bet. So I think it's a game of

enjoying it and a game of understanding it. I think that's what people should focus on. Part of my speech, I say, raise your hand if you think Apple will be here in five years. What about Netflix? How about Facebook? Walmart? Okay, raise your hands again if you shop at Walmart. Do you buy Netflix? Do you buy Apple? Do you have Facebook? Okay. If you believe in them that much, you'll spend $1,500 on the new iPhone. Why don't you buy $1,500 of stock? That's right.

- Right, buy 500 bucks of Walmart. You like Walmart, buy 500 bucks. You don't have to go put in your life savings. Go buy a little bit of these things over the course of your life. - What people don't understand is how advantageous it is to invest too because they don't know rules. I didn't know them. I didn't know that if you lost an investment, you can write that off against an investment you made money on and play the arbitrage there.

We're not educated on money well, which is why I'm glad, yeah, I get it. - I'm learning this podcast. - ChatGPT and Google and YouTube, learn. The demo that I feel is listening to this right now just moves too fast when they first hit money. Either in buying something, it's okay to reward yourself.

Listen, I grew up with only kids that had nothing. I grew up in very lower middle class environments. So I get when you finally do something, you're going to buy a crazy car or a watch. And listen, let's call a spade a spade. 90% of the time, dudes do that to get girls. I get the human psychology of it all. I would just say, slow down a second because if you've got 200,000, if you slow down a second, just slow down.

you're more likely to have two million. 'Cause if you go fast, you're back to zero. And we all know that. Every one of us in this motor home know people that got into some money and went to zero, straight zero. Or, 'cause they were insecure and fucked up, it went up their nose, right? Or it went to Vegas. Slow it down, everybody. Life is long.

Of course have fun. When I talk about this, I for a long time talk about don't buy all this stuff. Most of the people in these circles are mad at me. I'm not saying don't buy a Lambo. - Don't buy four. - Even that's fine. Do you know why you're buying it? If you have loved cars your whole life, read car magazines. I go into a car, there's no enjoyment.

There's no, like I don't, like all my friends who like I know genuinely like it, like I don't understand like the speed you don't get. I don't like that. And so for me, that's not right. If that's right for you, then that's amazing. But most people buy logos to flex, to close gaps of insecurity. And so that's what worries me. Because if you're just into a little money and you decide to buy a Rolex because actually you're insecure and you're not confident, you need that flex to...

rub elbows with me or to hit on that girl, then you've got other work that you need to do. And that money's not gonna be well spent. It's gonna be a short-term high and then you're gonna be in like a weird place. And so money's a, it's an exposure of your truth. So anyway, back to investing to stay on track. Shit you understand. I like it. Tarzan, Gary taught you a trick a few weeks ago.

And immediately you got like 600,000, I don't even know the number, 600,000 likes or something crazy. This makes me so happy. This was like two weeks ago and it's like, this feels like very gratifying to me. It's like instant validation to giving good strategy. It's not even a trick. No, he tagged me in the, sorry, he tagged me in the screenshot and he was like, look, 2.6 million views, 18 million views, 12 million views and the,

it was the same week that you told him. You have a lot of valid points and the way my brain's set up, you break stuff down really well and understand it, you know? And...

- We're algorithm junkies. So we try to figure out where and what, what hits, what unlocks it, what kicks it. - Underpriced attention, the arbitrage, the opportunity. - Yes. So you kicked off that front space of the still photo with the text and then the video that follows. Genius. - Yeah, it's funny for everybody to give it clarity. Instagram's tougher now, supply and demand.

It's not like it was when we were kicking it in 2014. And a lot of the demand went to TikTok and YouTube Shorts, but the supply is super up. Yesterday, more people posted on Instagram than ever before.

So it gets harder. So you're looking for what I call strategic organic content. - Sorry. - What's the organic content move? Meaning, of course there's ads, but what's the respectful proper, that's like getting buff, right? There's steroids. Putting in the work and eating protein and those ratios.

I'm not interested in, I know this snake's just all over the place. - Don't worry about him. - And yeah, I was pumped that you caught me at a good time 'cause it was a revelation for me only 30 days earlier. We're constantly testing. What I think I do well that I want more people to do well is I have the humility for it to bomb.

I don't fear somebody coming to Gary V's page and seeing 80,000 views, you got 14, you suck. I'm like, okay, you suck too. What are we talking about? I don't know. - See you tomorrow. - Right, so we take a lot of creative risks. Most people can't get out of posting the same shit over and over 'cause they need the same results even though it's declining. So we find shit and the one we found on this one was

instead of just posting the video, which everybody's been doing for a while now, first post an image that kind of previews what the video's gonna be as a video, and so it's a two post carousel, image first, video second. And I'm so happy you're seeing results, and the reason I'm saying it out loud here is, and you know this about me, Dan,

I'm weird when it comes to someone who hacks. I go from finding it to immediately telling everyone. Like all my best buds are like, yo, can't you just sit on this for like a month? Like don't you? And I'm like, nobody's taking from me. Like I'm gonna get mine regardless. And like, and I like that people, it feels nice. Like it feels nice to be admired when you're helping. Going to your last part, charity, it feels nice. Like, you know, when you don't have anything,

And then you get money. You really, especially in the beginning, you're like, "Yo, I'm not sure I can give this away." I remember being young and hearing Bill Gates and all those guys were giving away 99%. I was like, "Yo, that shit's crazy. "Now I understand." Especially with kids. You don't want to leave, leaving kids, those characters, leaving kids billions of dollars, it's actually gonna make them unhappy. - That's actually my next question. - Before we go into charity, the biggest charity is intellectual generosity.

And I know I'm very good at my craft and I know I'm at the top of the game and I'm proud. I watch people far less capable than me hold everything to themselves, scarcity mindset, wanting to pass you or you or me or you in followers and that's their fucking, I don't see it that way. I looked at someone's account today who I was like, whoa, and I was like pumped. I don't know how to boo. I know how to boo in football. I hate everybody that...

But you know what's so funny? Actually, I'll make this point before we get to the last part. Do you know that being a Jets fan, this is real talk, actually makes me understand people? Meaning, in real life, I have this almost borderline delusion, although I know it's fully grounded in practicality, optimism. I have no envy. I have no jealousy. I have no anger. I have no darkness. I really don't. It's kind of scary. It's a fucking blessing. But in football, I have all that.

I'm jealous of Patriot fans. I'm sad that we didn't get Patrick Mahomes when we could have drafted him. And it's all this resentment, it's 40 years of pain, right? And it lashes out. I'm like really scared somebody's gonna film me at a Jets game one day. It's gonna ruin the whole fucking-- - The whole nice image, yeah. - The whole nice image is finished. I'm not nice. And the people who are listening-- - On Sundays. - I'm really not.

There's some inside jokes with my friends. I once yelled at this 80 year old man. It was really inappropriate. I yell at kids. I'm on tilt. I feel that pain. I feel that anger. Taylor Swift was sitting right above me at the Jets Chiefs game. I was mad at that box.

I adore Ryan Reynolds, but he was there, I was like, fuck you, Ryan. But for real though, and he's the fucking best. But for those three hours, I wanted to rip his face off, but it's a pretty face. So I'm like, man, that's how people feel in real life. I treat Jets football, but that's a silly thing. That's football. That's entertainment. That's escapism. People treat shit like that in real life. The world is trying to make us more tribal, which makes us hate each other more.

I'm kind of very team human. Like color, skin, race, gender, religion. I struggle with that shit. I don't want to hate anybody. Why? Especially when I don't know you. And if I know you and you're a bad person, I don't hate you. I feel bad for you. I have compassion. I have empathy. So anyway, I think about that shit. So two parts on the charity side of it. Yes. One, you mentioned, Gary Vee is going to

keep building companies. You've already got like 2,500 employees for VaynerMedia and all that stuff and all these investments. You end up becoming a multi, multi, multi-billionaire and who knows, maybe even crazier more. What happens for the kids? I don't know. The truth is, I don't know. Meaning,

- I definitely, as I've done, started doing estate planning in the last decade, am not where I thought I was gonna be 10 years ago. Meaning, I do feel uncomfortable leaving tons of money to children. I think it's a little scary. - Of course. - I really do. But then you're, especially from an immigrant, like where I'm from, like it's real familyed out. So then you get into like, you know, is that, it's a very complex thing. Here's what I would say, couple things. Real talk everyone, you earned it, you decide.

don't let me, this whole like judging each other shit. Like just tune out everyone. You earned it. You wanna burn it? You burn it. You wanna give it to dolphins? Give it to dolphins. Not the Miami dolphins. The animals, right? You wanna give all of it just to your kid and not a dollar to charity? Mazel tov. This is, you know,

- To me, I really think that people are, I think we're really bad at judging and I think we need to be accountable. So to answer you directly, I'm not sure. I definitely have come to realize, especially if I keep on this trajectory, look, my point of view is this. Do you know what it's like to get a million dollars? - Right. - That's insane.

Like if I had that at 18, I would have been like, it would have been over. I might have the Jets and the Knicks by now. So if your kids are capable, they're not going to need a whole lot. Plus, for a lot of kids, it fucks them up. I've met a lot of rich kids now because of my life the last 15 years. Man, I'm not sure who's worse. Like I actually genuinely believe if you can be born with little but have a happy house or born with a lot and have an unhappy house, that's not even a fight. But I think it's even scarier. I think if you're,

if you've got a lot and you're in a happy house, you got a little and you're in a happy house, the little and happy house person won 'cause they've been taught from the get that money doesn't buy happiness. Whereas the rich kid might not know. They might just think, well, we're happy because we got a driver and a private plane. And so, you know, the answer is I don't know. The answer is I'm sure it will ebb and flow. The other thing I don't know is when am I going? What's happening in my life? Let me give you a scenario while people are listening and judging.

what if one of my grandchildren is special needs? You know, like I don't think we do enough of this. Like, do you know real talk why I don't judge anyone? Like really, like actually, I just don't know what the fuck's going on in their life. I'm watching everybody walk around the internet and society just throwing nothing but judgment. I wish we, like, you know, people are like, fuck this guy, he throws shade. Shade's easy. Judgment's crazy. Telling people what they should be doing? You know nothing. You know nothing.

"You should post about this." Do you know that if a person posts about that, they have death threats? "You should do this with your money." "Okay, well, you should do this with it." Like, I don't understand. So, you know, I think for me, I don't feel, I mean, I have a will and it's split up at this point to kids and charity, but I may change it. And like, 'cause things will change and we'll see. But I do, let me say one thing, charity.

Most of my life, so I would say 97 cents on the dollar of everything I've done in my life has been incredibly private. So because I think that's how I was taught. Like, you know it's funny, like probably one of the reasons I don't flex a lot is the same reason I don't really make a lot of my charity work public. I think there's something in the way that my parents saw the world that became my framework, right? It's like, keep quiet in some ways.

- But I don't judge. Let me rephrase. I think there was a time a decade ago that I was a little cynical to people that were overly loud about donating. My Jersey Street bullshit radar would go off. But I've come to realize,

I don't want to be a judger either. Now, if you know, you know. I'm like, okay, they're using that as a disguise for the bad shit. That happens. But there are just other people that get real pride in that and more importantly, they're motivating others to do it. That's my thing. I'm very public, but I don't say amounts. I show them how they can do charity. Honestly, even amounts. I've started to change my point of view on that. This is what's fun about... Let me say something real quick to the kids.

which by the way is everyone, if a 99 year old grandma's watching, you're a kid. You get to change your mind, right?

- You like that one, right? - I love it. - Right, 'cause you've changed your mind on shit. You get to change your mind. - You present it with a new emotion, you learn. - I'm glad, I'm so happy kids have, by the way, maybe if I was 14 and listening to this podcast, maybe I wouldn't have had that point of view as a 20 and 30 year old about charity. And maybe I did leave an opportunity to bring awareness to Charity Water and Pencils of Promise and the Crohn's and Colitis Foundation and reform. Maybe I've left too much attention on the table.

by maybe having too much pride in the humility in the class that comes along with not flexing it. I mean this to everybody, give yourself the grace to change your mind. - I want people, the reason I post about toy drives and tipping dinners and homeless backpacks is so people can replicate it and thousands and thousands and thousands of people replicate it. And so when you talk about, I even heard about Pencil of Promise 'cause you weren't posting about it but I just heard about it and then all of a sudden I became obsessed with it because of that. - And that was a fun one for me 'cause I was a bad student and I'm a famously bad student

But I think about friction, like this motorhome. In Ghana, in Guatemala, in Laos, it's not like America with the education system where we all go and it doesn't work for half of us 'cause we are creative or entrepreneurial. In those countries, if they don't have a school, an old man from the village sits under a tree and reads five pages from a book and everyone goes back to washing clothes and child labor. And so when you look at the math that if you build a school in one of those places,

People here talk about generational wealth. You put a school, it's generational wealth. They go from living a life of a dollar a day to like in Haiti it's a dollar a day. People are living on it. Yeah bro, we're lost out here. Worrying about all sorts of dumb shit. And obviously we're recording this at a time of tons of conflict and war and

Bro, next year's gonna be a disaster. You know why I just said on stage if you're an entrepreneur and you cry about the president, you're a loser? First, it's true. If you're a good entrepreneur, you're gonna make money. I don't know, I made money with Bush and Obama and then Trump and Biden and whoever's next. But I also say it because we gotta depoliticize this shit a little bit.

Like, do you know on Tilt everyone's going to be next year? So bad. I honestly just want it to be 2025. I want to skip it. Honestly, people are going to be super, you know? All right, guys. We want to stay on time. We're going to try to get Gary Vee back on the podcast at some point where we're going to pull the motorhome up to wherever he is around the country somewhere.

But we grew up thinking it's rude to talk about money. Obviously here at the podcast, we think it's rude to not talk about money because we need your friends, family, and followers to know about taxes, salary, loans, rent, how to make money, invest money, save money, 401ks, and everything between. We just need to have these discussions. So talk to your friends, family, and followers about money. Ask questions. Research it. By the way, real quick on that. Chat GPT, everyone.

Google changed the world. ChatGPT, you can ask that bot very, very specific questions. Hey, I'm a plumber, I make 39,000 a year, I get to save $1,000 a year, what should I do? Enter. You would be blown away what AI can do. You can be very specific, you can't do that on Google.

"Hey, I have $18,000 in debt from this credit card company. "I'm paying 7.3," like, start using AI for your advantage, not something you heard about or demonized or don't understand. Don't understand is unacceptable. - Right. - I don't get it. Okay, Google it, YouTube it if you're like me and can't read for shit and listen. So for a lot of people wanting to learn about money, could you imagine having real, could you imagine sitting down with somebody that knew most things?

That's awesome. It's not a cool way to think about it. Imagine sitting down with fucking Yoda and getting all the answers. Do or do not. There is no try. Just literally type in shit. Be super specific. You'll learn how to start using AI, which may change your trajectory, and you can start answering shit for yourself. All right, guys. Make sure to follow Gary Vee. Follow The Real Tarzan. Check out The Money Mondays, and we will see you guys next Monday. Next time. Peace.

We have themoneymondays.com. The moneymondays.com is one-on-one. Like we do a video coaching every Monday at 4 p.m. PST. But themoneymondays.com is 200 bucks a month or you can prepay for the year. All of the profits are going to our World's Largest Toy Drive. So we're not doing it for the revenue part of it. You'll also notice there's no ads. Have you seen this? We've been doing this...

Monday Mondays podcast ad free for you guys this whole year. So if you want to be on the coaching calls every Monday at 4 p.m. PST, if you can't make it on a certain Monday, we obviously send out the recordings. You can rewatch them. So we do about 40 minutes of speaking and teaching. I do most of them. So it's mostly me.

on those and then every other week or so every other two weeks we bring in other characters to come in there and teach you as well and then I leave around 20 minutes for Q&A sessions and you're on video with me and we're going to ask questions and you're going to be on video with AtTrav who does e-commerce for big brands or Joey Carson 30 years in the TV game

So we're not just talking about money on the Money Mondays Zoom calls. We're talking about business, charity, how to deal with mergers and acquisitions. And so it's live coaching for $200 a month for yourself. Maybe you might have a friend to refer to. So if you want some real coaching, go to the MoneyMondays.com. It's $200 a month where you can pay a discount and prepay for the year. That money is going to go help us. The world's largest toy drive. We are trying to put out content so that you guys can be better, talk about money, share with your friends, etc.