cover of episode Q&A: Gut punches, favorite guests, plus advice for life

Q&A: Gut punches, favorite guests, plus advice for life

2024/10/30
logo of podcast My First Million

My First Million

Chapters

Sam and Shaan discuss how to manage a large sum of money, emphasizing the importance of taking time to make intentional decisions rather than rushing into investments.
  • Putting money into a high-yield savings account or short-term treasury for 6-12 months.
  • Living off a small percentage of the money while waiting for the right opportunity.
  • Avoiding the mistake of investing in something without being obsessed with it.

Shownotes Transcript

Translations:
中文

Art, and I was going through the male bag. People email us questions, and there was one that I had to had to bring up. We ve got to start with this.

So here's the here, here's the email. Start up that I invest, win public. I mean, my thirties, I own very little house, cars, nothing.

I have fifty three million in cash sitting in my bank account. But i'm not sure what to do if I do something that needs to be big. I'm torn between a few options.

Just put her in the S. P. Hundred and move on getting the real day trying private equity or chasing a billion.

Lars idea. I hit three major winds in a row. I exited in my company. I invested when you start up, and I got really lucky on a real state deal, but i'm not entirely confident I can rebuild IT from scratch if I lose at all.

My life goals are pretty simple, have five kids, a wife and become a billionaire. I'm currently with someone i'm planning to marry. What do you got for me? Okay, so let's stop. Let's answer this question .

then there's some of other mail back questions. If you fifty million dollars at the age of thirty five, that basically becomes a billion eventually. But that's kind of irrelevant.

But like I think that's a dumb goal. To become a billions or want to become a billionaire, think you should do. You love the money, but if you want to be, become a bonner, you will.

But what I told him was basically, I think you should put most of IT actually into a high yield savings account, or just like some type of like short term treasury, no, or something like that, and just sit for six to twelve months and do nothing except read and have conversations with interesting people. And that actually six to twelve months that may take thirty six months that might actually take five or ten years. But whatever you want to do, my opinion is decision plot and read and talk and only do something if you're obsessed with IT.

And often times when you make a lot of money, you get bored. And because of that, you start kind of is like it's like falling in love with someone when you're like really horny is like do you don't actually love that person? You want to mean like don't actually do IT.

And so I think but you have to be really intentional about what next project that you do. And you don't give yourself a time, mind, but you sit and you read, and you will wait or to happen. So with the money, I would do sometimes of yield saving account, like six months, and that eventually I would do eighty tony S.

M. P. bonds. I would try to live off three percent of that money and then I would just play and wait to that one thing I find.

And then I would take a percentage of the money, like for example, let's say that you're comfortable living off of one point five million dollars a year. You take how much you need in the S. M.

P. To live off that. In the rest, you are willing to allocate towards your big dream and new adventure.

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Back to the.

Are I like the advice? Here's an analogy. Here's what I would tell this person to, even over the person they to want .

their name out there. Let's call chuck.

Here's the deal. Here's an analogy for you. You, you got a beautiful big screen.

T, V, beautiful, ninety six inches is hit, some enormous, beautiful plasma, retina, whatever the display is. But IT seems to be like behind the T, V. You have what a lot of us have.

You ve got the cables all tangled up. And the reason I say this is because you asked one question that's actually five questions, probably in one. So let's separate.

I'll start to pull the tangles on these cables that are step behind TV. So one, one cable is what do I do with this cash meeting? I'm got cassidy account.

Should I just leave with there? Or do I do something with this money? There is another one, which is, what do I do with my time? And those are two separate questions.

Because when you get rich, the point of getting rich in a way to separate the questions of a lot, do I do with my money? What do I do for money? And what do I do with my time? Those are now separate questions for you.

But before, when you have no money, they are the same. You work, you put your time in that how you get the money out. And you have a third, third question, which is, what are my actual goals? So he said, my goals are to have five kids, heavy wife and have a billion dollars.

And have, have, have, I don't know, very many happy people who got happy because they, they acquired things. They have things. They have cars.

The kid thing might be different. I think you could acquire a kid to be happy. Actually.

I I think like a lot more about figuring out what you love to do, where you feel most useful and and who you want to become, and more importantly than than the things that you end up doing.

So I think I I would ask a question, which is, what are my actual goals? And they were used to what actual as a loaded word, because usually we have these goals that we just borrowed from others, either from our parents, from society, from the movies, from the newspapers, these goals that that are theirs, that we wake up. Hs, it's a goal you had ten years ago, but you're not the same person you were ten years ago when I did the episode post.

He's like to, as my twenty is all I wanted do was get rich and famous, be successful, be respected, is like, and then know my thorius. I was doing things that would give me those things, but that's not what I wanted to be more. I was living the dreams of twenty one old me, rather than than thirty year old who actually had new dreams. And I said I needed to update that. I needed to update the sort of motivational thing on.

On the poster is another great question, which is he says something like, if i'm doing something, I got to be huge and every time I hear that there's s usually like a chip on to shelter, you wouldn't want to work on a great question here is, are you being are you driven or are you being dragged? Uh, so is like what was the reason? Why do I feel the need to do that? Is that to prove something to other people? I talked to a guy who who I did IT with, a guy who is created A A fifty billion dollar plus company, is doing a new.

And I was like, why are you doing another company? Like stressful, hard, what you just have kids. Why are you do this? Because I just want to prove, you know, I need to prove that like, IT wasn't just a fluke the first time.

really.

And in my head I laughing because i'm like, prove to who you know, nobody doubts that you could do this. Like, we all actually respect, admire you. We think you are amazing. who? Who are you? Private is private yourself.

Why do you doubt IT you did IT then doing to prove something wrong? Or prove something right is is part of a silly way, a silly reason to do something. So anyways, my my final advice would be, I would do nothing financially.

You like you just put in the same music for for a year. I would get a coach to help untangle some of these mental wires that are tangled up. I would get in shape because when you're in shape, all things started to look a little different.

And I would spend a year with people that you really love, helping people and hanging out with them. So I find people who need help, and to help, i'd find people who are free to go hang out with them. And I would started to hang out with people who maybe have gone through this season of life. And I think of it's like a season. I'd be, god, I had the season of achievement and I got a season of wandering ing what I ve got to figure out what i'm doing next call IT that you don't feel uncomfortable when you're like and i'm so unproductive now call the season what IT is and going on out of people and and make no decisions to tell. You know, the clarity will show .

up the worst thing this person can do. Well, one of the bad things this person can do go and buy a bunch of stuff or um get himself into situations that can easily be untied. So for example, I mostly failed my own advice, and I kind of, uh, had an acquisition.

I did one dumb thing. I bought some real state that I was like goto a turn into a business. And I did IT like right away and a few months into IT, like I don't know what the hell i'm doing, and I don't like this.

And I took, I took like a year, took like unwind of that IT consumed my brain, and that really mess with me. And so I will correct doing that. And I think a lot of people make the same mistake, is a very common mistake, is to go like acquire a whole lot of stuff which waste you down and IT ruins the whole seeking process. The only alternative .

version of that is when you go and you do something for your parents. So like there's a great clip, we should put play the clip of no, Stevens Smith is the USB n anchor. He talks about when he first got money and he drives to his moms.

Where's mom worked and is like, I wait, waited to her office and I said, mom, get up, get your bag. We leave in and I told her, boss, SHE never coming back. He talks about how you retired his mom on the spot. And I was like, that's a cool thing to do. Pay off about your parents ball gage or data subway that if you're going to do anything, do that is of a philanthropist y in your own economy first .

um that that I think I did by the way we I flew my parents first class to you and IT was awesome um IT was awesome uh and I have this video of them. My father stood up, i'd like you how all people hold their phone with two hands and he like is holding his food like doing a circle of like and I and I like taking a picture of like his seat and I have a video of him doing that and I brought me so much um I feel happy that I got that video that may be happy.

No way I got to have a hack on that when we sold the milk road, my mom was on a vacation with her. All of her siblings is like international siblings and so I got them all like like as I, hey, I have the hotel call me like you're not ready and call all of the rooms at once and they all went down and they say, I got the all kind of like a day's ass at the pod. Vegas and IT wasn't even that expensive, probably couple thousand dollars.

But for my mom, IT was like having a mortgage paid off in that he felt like, oh, my son treated me to something, but also, SHE so good. Yeah, I got to break. My kid is so good.

He felt the good that he was good for everybody. He wasn't just good for her. And I know doing something nice for her siblings made her feel so amazing.

Yeah and he could rada her kid has a shit together and maybe the other ones don't. Um someone asks this question and is related to a topic that were talking to. What's the number one thing that you've read or seen recently that's wild you I read this book called the replay is a novel diver read novels. I like bigger .

novels that wos.

I didn't like any novels like .

I was scarred .

by like grade school or middle school to read novel I don't like and then I got the business like we only read like Peter tel box. We don't ad think we don't read this, no sense. And then now I fall in love with them.

I love novels. I read the story book of replay by km mood. It's about h, this man who basically dies at the age of thirty five, and he consistently relives his life over, over, over again.

And it's like, all like, he does everything that you would do if you could replay your life, which is like, what would you do? You would like get rich by buying tax. You probably like try to get a little girls, whatever.

But he is able to talk to his parents again when they were alive. And I read that book recently, write when to get to that part, where he talks to his parents who had died. Now he's reliving his life again.

He's able to see his parents IT made me very emotional, and I call my parents ago. Hey, november, like forth, what are you doing? Cool, clear schedule. And so we're taking up a big like latest trip together.

And so this book made a really big impact on me because I gave me this idea of like in thirty or forty years, however longer to to be, or my parents are no longer alive or whatever the situation is of, like you cannot do in twenty years, what you can do today. I have regretted, you know, not taking the advantage of that period. And so I am trying to I had made a less. And here's all the things that twenty years I am going to regret and i'm going to go and just get IT done now. And so that book had a big good back on me.

Ah that's great. Um i'll give you a couple of Chris Williams and put a little screen shot. I say up that I really liked and he called to be exactly what he called that.

He goes, type a people have type b problems, and I B people have taibi problems. And what is he describing? So typing is like the achiever, the obsession, the kind of like. High functioning A D H D or high functioning high anxious person, which is a lot of people who we know a lot, probably lot of people who list this podcast IT serves you really well. You get great grades or you will you will be successful in your career because you're so like type I about IT.

But you suck at just relaxing, chilling, enjoying, slowing down, being grateful and being in the moment and not thinking constant about planning for the future or assessing the past and just being there. And he goes, then there you have the type b person who we all characterizes, like the guy who is just they're just walking around, wandering through life, different flowers like do you you're not get my head ware, your savings account. What's your plan? How are you going to get ahead? You don't have all your duck in a row what you're missing out and know society, basically we reward the type who even if you're high type, you you suck a type e, it's like, okay, you feels like you can always catch up, even though in reality you can.

And the I, B person, we sort of to look down, they almost seem lazy and away. It's like, why are you getting your act together? What do OK? You're paratimer ing your happiness too much.

All bos, you be, you should be productive right now. And I thought IT was so true that people fall into these buckets as a, as a cliche, as as a oversize fiction. And IT really highlighted to me how undervalue type b people are. And I have a few type b people in my life where if you look at their resume or you look at their series of accomplishments or how they spend their day and just feels like while you're behind and then when you hang out with them, you're like while you're ahead, you know has got this this thing figured out. And I think that one of the big misPriced assets is do you know how to chill?

I do you know how to ill call. Did just call the uh, calmness a misplace asset? Sure is your advice, but.

you know, I call cold plunge people to hard to people, right? Cold play just like you're trying to optimize everything you're trying to like shocking your nervous system and like a general and popping in the morning and hot time. People are trying to hang out, have a beer, you know kicky with friends and they're y're happier. The cold pledge people. And I think one of the things to really do is to um take pride in being able to do both well instead of trying to be A A higher, higher, higher, you know working on being able to shift gears and be able to have both years and be able to do both well.

where when did you see this post? Because like a lot of people asked these questions and it's almost recent thing, it's always the most recent thing this was wait really .

yeah ah the question is said what you read recently that wow you recently last night.

which is because I I try like you do something interesting so whenever you go like to some everything I took like lessons lessons I learned, I suck at that and so I was curious if this is something that you like um save from a year ago and you're still contemplating.

Do I have a slack channel called golden nugget that is like it's the conversation with me, myself and iran IT is the longest conversation that is all just little time. Me now gets that I pick up from from people when every time is on the biggest. For example, I go here, right? He had this great line.

He goes, at some point you realized it's all made up, but you get to make IT up. I know that this is such a powerful, simple wave explaining a lot of life. It's all made up.

These are all stories we tell ourselves. The rules are made up. But like, you get to make IT up, you get to make up your story. You tell yourself about yourself, about the world, about how how your life going to go.

I think gary ten was a top p ten, maybe top five personal we've ever talked to.

Yeah I will. That's a good question because one of the his inhere we find IT if we go Jason from detroit wants to know similar thing, he says, fells, I was looking at the numbers recently. You've hit six hundred plus episodes, a hundred plus.

Guess I have to ask you who is on the mount rushmore for m FM. The number more thing you learn from them. And P, S, I don't want to hear.

I love them all. I can't pick favorites. I need you to, dion Sanders said. P, S, P, P, S, did you know that don cAndra is publicly ranks his kids check IT out and he later to article where don anders is drinking, his kids had moved dion .

anders juniors. Number one, yeah, that's that's insane.

Number five, shore centers is the counter back of his a of his team. Number four on the number four out of five that do so.

What weird. okay. Well, um I gave the hands up there but that's like a recent once I try actually to stay away, i'll go let me tell you mind really quick.

Do there are all brand is I just realized darm h month and siad, uh I guess I not uh uh indian but is two hundred and three or indian, which is pretty funny. Darmon is amazing to me. Darmon proves that you can be aggressive while still being calm and nice. Drama is like shockingly aggressive .

towards life of hub spot cut. Hey, let's take a quick break to talk about another podcast that you should check out. This is called the next wave IT tossed by that wolf.

And the land is part of the hub spot pod gas network, which, of course, is your audio destination for business professionals like you. You can catch the next wave with mat wolf, and he's talking about where the puck is going with A I creators AI technology, how you can apply IT to your growing business. So check in out, listen to the next wave where ever you get your pocket. Back dart math is a billionaire yb.

a multibillionaire, don't know, start a hub spot, which is like a thirty million other company. And he's been on to the three times. I think he's coming on next week or in a few weeks. He's super aggressive about life, but he comes off like a really nice guy and calm and easy going and like, he is calm and easy going, but he's very aggressive about life.

And I love that what you mean aggressive about life? That's that's a word that a phrase. Tell me what that means.

So if you ask him about his background, he grew up poor in india, and he was like, I wanted to be the best because I wanted to prove that I was capable of achieving. And I also didn't want to have nothing, which is what I originally had. So is like, I wanted to be great at pingpong.

And so I studied pingpong, and I was the best at the school I went to. Or he was like, someone told me that when I moved to america, that apparently what these people do is they go play gov. In order to meet clients and take care of clients and is like, i'm a twenty three year old guy, you move here from india, I don't know, even know what golf is, but then I, someone else said, well, if we can do that, just buy everyone's a dinner as much as possible. And so he has paid for one hundred percent of the dinners that he's ever gone out to for everyone. I tell you that, sorry.

no. Do I go to her? He paid turn off.

I went out to dinner with him, and he was meant nick ray novel. And a, uh, darch walks to the bathroom at the end. Nick regos washed this.

He runs that he pays for. Dark is down and nicos military doma stands up because this is an example. I'm sorry, I can't hold on out a IT and he runs to the back of the kitchen.

He makes him refund nick as credit card and he gives his credit card and he comes back you limit to your story, you don't want to come here um from A I did not only go off something tell me to by dinner so I committed at that age of twenty two to one hundred percent of the time pay for everyone's dinner. And I have done this so maybe fifty five now he has, he has i've done for twenty five plus years. And so by you paint for dinner, I will not allow you to break that, uh, great thing.

And I go, have you really that because i've done so much that one time, uh, we want out to I want out to eat, which just like me in brand of hubs and like, apparently there was a company there at a company who saw us and bought our dinner as, like, I thank you because we use hobbit, whatever is that measure. Like, I didn't have a lot that much money. Next he goes, student, he goes, we pay there fifteen thousand dollar dinner bill because I refused to have that street broken.

And so a darsh is very aggressive about life. He started, he want to teach kid how to program. So they made online video game that, you know makes some million dollars year or something crazy.

Like it's like a hugely popular. He's very aggressive about life, but I didn't hang out with them. He's gentle.

He's soft to let you do all the talking. And so um I would say dar measures one of my biggest inspirations. What about yours?

Classic gentle giant um hard to pick my funny though my mount rushmore of guest has really nothing to do with their episode IT is just what impression they left on me or what I took away from them that may may not have even been a remarkable episode maybe they didn't tell the best stories or have the the best ideas right right off the bat. So here's a couple of mine. My all fall into the bucket of people who are playing their own game.

So I really, really admire, probably more than anything else, somebody who takes the time to define how they want to play the game of life, what their rules are, what their goals are, what their code is that they live by, and then, of course, succeed in doing that. And the result is that they are both happy and successful. Because, you know what, without the other is sort of the ultimate failure.

Rind holiday comes to mind. I don't know. I couldn't tell you one thing.

he said when he was all the poynter .

since that I follow ran, I was like, man, I really appreciate this dude. He seems he was, I think the only thing I remember on the pad, guess I told ago you were one of the like mentally well, something just like you seem like one of the most well baLance, like a grounded people that ever come on this podcast. You just seem like genuinely happy and content and IT just comes through in his vibe.

For example, instead of getting money and being like, now, how do I like the question we had earlier? How do I parlay this into a private equity thing? Make more money of IT? He did the thing that he really wanted.

He bought as a bookstore, made an awesome bookstore. And he's like a bookstore, a terrible investment. But like he bought a bookstore at the top.

He built his office at the bottom is got a bookstore White. Because he absolutely loves books. He loves the vibe of a bookstore.

So every day he gets to basin the glory, the vibe of his investment, whereas put something in the stock market is just a number on the screen somewhere. And there's these clips of every time he had somebody come on the podcast, they record upstairs. And on the way out, he gives, he just starts handing the books you.

So have you read this? Oh my god, you're got to read here. Let me mark the page where you're going to love this book.

Okay, this is their famous book, but actually this book is Better. And he just leaves them. They walk out like it's a, and they got like, see of six books and I just love ryan holidays approach.

He did that with me and I I think he was literally a thousand dollars of books like he was like a year s worth of reading but he's demand.

I don't know too well but he's got his land. She's got his family. He's got he spends his days doing what he loves, which is reading and writing and expLoring ideas. He's tremendously, you know, every I know who's met him, respect him, and he just seems like he's living life on his own terms. He's not playing somebody else game.

Do you know how many books he's written, by the way? How many times is published?

I would guess, like seven hundred, eight, fifteen, a prolific.

And he writes a daily email. I don't know how he's like this.

My body, Billy works for him and you can get a good sense of how somebody is when you talk somebody who works under them and for years and he's guy, you know nothing about things to say. So anyway, run holidays up there, Jesse. It's also kind of like that, I really admit studes variety.

So doing a you know from wrapper to starting a jingle company and selling that to starting a private cheer company is selling that to warm buffet, to creating a coconut water brand, to creating now a pics brand, creating a running brand. But he's just takes the things he loves. He is his business is he pushed out.

He loves running. He creates the running cloud. He creates the everest thing where you run up down this mountain until you've run as many miles as everest. He just seems to have taken his passion wearing is hard on to leave you, just like manifested through the world of business. I think that's really cool. Creative dude seems like a lot of fun and I like some of his other things like having a missaguash the year or how he is is little three seas thing that I stole where he's like, yeah everyday I take ten minutes and it's a compliment, a congratulations or a uh what you like console consolation for somebody they they go through something yeah he just takes if who in my life deserves one of those right now who deserves some gratulations a compliment or uh or being consoled and he he text that out is a very easy way to build amazing relationships in life.

I'm doing his um it's called twenty nine to twenty nine. It's the um ever it's ever I think yeah I I, I I was invited to his partner. I became friends with him and he was like, pick which one you want to go and so I got Sarah side for IT and we're with a picture date.

But yeah, that sounds awesome, dude. It's really popular, by the way. There is also really expensive and they're all always sold out as IT should be.

The last one I head is my poster on my little about rush, for which I don't think that episodes come out yet, but said a couple of things that started to me that but the biggest one is just the Operating philosophy for for any creator. You know, he, he, his first song was a hit, whatever, five time, five x planum. His second song was a little disappointing, only three times flat them.

His third on only one x plat them felt like total failures. And every time we went to the studio trying to make a hit, he goes, I only succeeded in making something that I hate IT, and nobody else loved I when I wanted, and trying to make a hit, and everybody would love all I made with something that everybody else hated. H.

I, that I hate IT, and also because I hate IT and everybody else hated IT too, and he goes, now my philosophy is very simple. I just do, it's cool to me and everyone is a while the whole world decrees. And I just like, that is a wonderful, Better cry for a creator and artist, is to say, I just make this call to me and sometimes the whole world degrees.

yeah, he that documentary he has where he walks across the country there like a music videos. Cv, so good, he's very inspiring.

The way to move on. IT feels .

like a documentary uh because like there's so much talking in IT know one that's pretty bad as are you. Which one should we do?

Let's go to this one. Iac for maryland says, I just start training boxing taks for the inspiration and I took my first liver shot. Wow, son of a gun. IT feels like somebody hit off, but not on my body. And I thought about IT later.

And I started thinking, what's the equivalent of a liver shot in business 51, that a punch to the jaws, I think, is best to not hear up? But sometimes it's the speaker liver shot that gets you. I told my wife about this idea.

He says that that sounds like something stupid that your friends of that stupid podcast would talk about. So let's have a place. What's the liver shot of business?

Tell me if you felt this before, you're having a problem in your company and you think I have found this one person that's going to change everything. Everything's going to be Better because i've hired this one person, I think. And have I ever had a situation? okay.

So maybe that could happen. I don't think i've ever had a situation where my expectations have been lived up to. And what you just say.

you've never had a situation where your expectation we .

have up to when my expectation is that this person is going to be the silent .

ah they are never .

lived up to and it's not therefore ault. They could be fantastic tic. But like whenever I like, i'll buy into someone so much and i'll do like one thing that like kind of is a bomber to me and then like what else is there that you're .

going to do and yeah. Not all .

you get. Yeah it's like I have to try. Uh so yeah, I have felt that somebody times and i've always make I make that mistake consistently where I buy into someone you know like you're like in high school, like seeing a girl, like a girl you got a crush out so much and like you finally give you like the chance and like every life is perfect I have crossed the and like it's never yeah I don't or like her like her ring toe is like bigger than like her big toe. You are many like, I hate that .

I was out of control and I think like thirty percent of population as that thing where one time as long as the but it's disgusting to me.

Have you seen shallow hell or like, he is like this ugly dude dates like the ten out of ten model, but her toe is like that, so he breaks .

up with her. Only of this bad guess you get a word buffet quote at a shallow .

hell quote at the same in five minutes. Do you know who makes up the parents to all point in vie, he converted. Is jack black to only see people's interview? Ty, so now he only see people.

It's pretty funny. I love that movie. I think it's a great movie um getting my god punches like being let down by people, which is actually i'm one hundred percent of bly for that right right?

Mine is actually just having a health issue, either you or someone you know really close to you when you're running up, start up because the day before everything felt level ten important. And this is the most important thing in the world. Run a mission.

We're at war. This, this is everything. And then as soon as you have a health a real health issue um there is that phrase, you know man has a thousand problems until he has a health problem, then he only has one problem.

And that's so true like the liver punch of business is when you have a real life scare and you're like, wow, I feel so stupid for having just spent like Carrying so much about these stupid kp eyes and metrics and darling the knobs and optimizing this funnel like do you honesty who is a shit? Um so he is the one thing that really just shook me out of the delusions of like business felt like everything to me until that happened. That was my my liver punch.

I always for that way, whenever have a nurse treat me like, you know like nurses .

nurses you like like the real job.

they're like the tug boats of robot. You know, like tug boats like have like help us win robot to like the tag boats work their asses off to get these ships out there. But they are the unsung eroes. No one like gave tig boats love time. Bg.

boats do. I don't know this.

so during the world war two we were like building ships like crazy. Or i'll give you a Better analogy, nine eleven during nine, uh you know a top boat is like, uh.

a little boat, a tiny boat that pulls.

So let let's say you have A A cruel ship. When a cruel ship comes into a relatively small place, like, for example, when a cruise is gonna duck in separate co, you need a tug boat to go out and get IT and drag IT and place IT perfectly where IT goes. But theyve been the unsuspecting oes for many occasions.

So for example, dn robot two, we are building ships like crazy and getting out there walking tug boats were working their asses off, and they, like and like the tug, go to Operators, really performing miracles, saying with one nine eleven and nine eleven, and was like the tug boats that we're getting people off the island of manhattan uh to like brooklin erd ever and nurses are like tog boats. Like you forget about a nurses like you think you kind of dismiss the nurses, just dr, it's the doctor who is the most important. Even you like a nurse will coming like give you a villa, give you a you're so much more important, a more important, the doctor maybe and b, you're more important than my fucking and job. Like it's close for .

a present, right? Let's do IT on the one.

You pick one up here. If you could shuttle anyone for a week to learn how they Operate, who would you be and why?

All right, I would split IT between either somebody whose hyper productive, which is mine as well, go for elon because there's all these myths about elon and I. I just want to see IT for myself. I want to see what's the real deal. How is this guy running four companies and think the above at night and get seven kids? And like, I want to actually follow this guy and see what's going on.

What's diablo?

What is the other the game video game, okay, that he's like streaming on x at night, like the same night, you know they catch the the starship, right? They catch the heaviest rocket ever with like these chopsticks in the same night. He's playing the apple for like four hours on stream and he's like doing like a high level rain. Um it's pretty wild in the same way that do you know this. Lebron James recently screams out of the thing out that he was a top a top one hundred rank battle player or like he reached rank one hundred, which like the top rank.

no way, and that can be one of the most played games world.

right? Yeah, he doesn't mean he's a top hundred player, but that means he he still reached the top rank of the people who playing competitive ly, at that moment. We've told the story about travis clinic being the number two or three.

We had this player in the world, luca dunch ch, who's like one of the best, best ball players in the world. He's, he's a top one hundred over watch player. what? This is insane. It's insane that watch a war game .

is the first first and shooter or I don't .

know what you got to a team first, first two or whatever.

And he's the best .

or one of is he's a grandmaster player to and he reached top. I think he is top five hundred day, which is the the the the top hundred, the top five hundred and luo was in the top five hundred is insane like I I can't believe IT and people are like, oh, these guys that there are athletes save a lot of time to play video games .

like downstairs dies are ridiculous.

I would give a shit. I was playing three hours a day for like, you know, in two years I didn't even break you know, bronze. This is incredible. Uh, how he did that?

Um I think I want to so did you read the new york times article on alex carp? I didn't read .

that actually a bunch people recommended IT. What do you say? So he's the CEO of plentier.

What did he say? Alex carp is the CEO polenta. Polenta like are almost a hundred billion dollar company and they're kind of controversial because they typically have a libertarian to republican lean culture in silicon valley that's like not common and he's also like a freak and so he's afraid because he grew up like in germany, I believe ah and he says and he says ridiculous stuff always.

Like ah i've got some I I think that I got a jewish m and a black dad. Uh, I can get away with anything like he says, like silly things that or be like the only time i'm not. He said this like a like a quarterly earnings call.

He like, the only time i'm not talking about talent teer is what I now cross country city or having sex like he just like kind of like says like ridiculous stuff like that but he's just like a weird and and I really like this. He a was raised in germany. He school as a philosophy major.

Peter till and him used to argue all the time and debate. Peter tails, uh, right of center. Alexa peas, left center. And so they had opposite politics. And he said in the article that they would argue like ravenous animals. And because of that, they fell in love with each other and Peter til and joe lansdell came to carp with this idea for polenta and he was the perfect person to uh will lead and run the company and so he just tells like twenty five years of stories in the new york's article, because this is his moment, the company, twenty five years old, but they are finally like the top dog and he tells all these crazy stories and he just corky and weird and I .

love that the article starts. Alex carp never learnt to drive his quote, I was too poor and then I was too rich the pictures and wearing pik socks at his new new hampshire home, just like sort of sitting. And everything .

about him is a weird. Everything going to say about that is like different and strange. Keep going.

I'm jewish, racially ambiguous. Ous dissect c, so I can say anything. Yes, okay, wow.

he's just corky, man. He's really funky.

So you want to follow this guy because you think he's a genius, or you just think this guys a weird? We do. And you just want to see them up .

close all the above. And he is living in his own world. I have friends that who a report to him at pantier and they love him like this is one of those stories where you said similarly like to run holiday.

We talk people who who are formed. They all love them. They have jokes. And I think they report that in the article they con papa carp or daddy carp like they like reveal him like this wise like sage guy.

Yeah okay, this guy is pretty fascinating. Um okay, so Alice, car would be your pic.

Easy, nice. I A quick break. I know that you're listen to my personality.

That means you will love numbers. Well, i've got a new podcast called the money wise. And the premise is simple. We talk to high network people. So people who have somewhere between fifty to five hundred million dollars, we start with simple premise, which is, tell me exactly how much money you have, how much money you make every month, what your report folio looks like, how much money you spend every month, and every other bit of information that involves your network and you are spending. And the reason we do this is because I want to a demystify money.

So we just had the phone, and who has a ninety four million dollar portfolio after for selling her business, and SHE spends three hundred and sixty thousand dollars amount that he talks about where the money is, what SHE spends IT on, and why SHE spends that much if IT makes her happier now. And then we dive deep on different topics, like children buying versus renting, giving money away. We basic are having a conversation that I see a lot of rich people having behind closed doors. We do IT publicly to check IT out is called money in wise. And you can find this wherever you get your past.

I would either do somebody super like elon or somebody super creative like the the creators of south park. That documentary, six days the air .

is one of a miserable .

life to watch. How hard I don't want to be either of them. Both of them play the game on absolute hard mode.

But if you're got you know, if I want to break my frame, i'm not going to hang out with people who have exactly kind of like what I feel comfortable with. It's I want to hang out with people who play the game at level twelve. So I know what the hell level twelve is and that i'll dia back day international, which is where I like. I like to stay in that range, but I you don't even know what to enter nine is unless you've seen what the extreme is. I want to see the extreme of productivity in the extreme of creativity.

Yeah, man, that documentary, amazing. Basically, for those who haven't seen, I think it's youtube for free. South park, which has been around for twenty five years, is basically two guys mattera.

They come up with an entire thirty minute episode in six days, so for idea to IT being alive as six days. And they do that every single season. And we've done for twenty five years.

which is, which is unheard of, that that time I was unheard of. Most a animated shows would be like, you know, sort of like, it's like family guys, nine months, six to nine months, twelve months, that's like Normal six days. Just break your brain of how do you do that and the way they do that is they're there.

You know, it's like monday, we're pitching ideas and we grab the idea, the animated or start drawing. We go into the studio, we start doing the voices so that the animators have the dialogue. We're working out the jokes as we go. It's crazy.

They also do uh, with us. And now.

by the way, I saw this every with him recently so, uh, you will I don't know you will know this, but I live in den for and that's where they're from and there's a restaurant that's famous. They are close cabinet.

Do you thought that they bought IT?

And it's amazing. Do you know what IT is?

First was IT like, I know it's english T, V show. I watched at the show all the time. I was a joke in the show where I was like, carbon want to go there and there is like, it's like, is that mexican, I guess? And there's people jumped ing up like clifts in the pools and there's like all .

you can see mexican food. Imagine you walking to the biggest rainforest cafe you've ever seen. So you walk in and IT feels like you're going to cave or some kind of like treasure hunt sort of situation but you're says part rainforest cafe on steroid part school lunch because you just grab a tray and you walk down this it's it's like I here you walk down this path and then there's like these lunch ladies just put the slop on your tray and the slop is the worst makes confusion you've ever had in your life.

And then you get out till you finally exit the maze where you're got to slap on your trade. You sit down and now you're at like this table and there's this is a huge restaurant that has these like a giant indoor waterfall and then there's a whole show that happens with Cliff divers and they're diving into the water. There's like a it's like a little play that's happening.

So then you get broader way. So you get broadway, the rainforest cafe and like the traceless prison, once you've ever had, it's like an experience. IT was dying.

And I guess there there, it's like a staple for anybody who lives in that areas. Like it's like a thing. And you knew if I ever died, you would ever come back because the whole idea that would make sense in the first place.

So they bought IT for, like I think, a couple million box. And the guy said they go, he goes. So you've since had to invest in like kind of turning .

IT around things like.

yeah, we have vest a lot of money because how much you invest because we put in about forty million dollars to rescue this restaurant, which is just in save. And the along the way, they filmed IT as they're trying to rescue the thing that turned into its own documentary. And so just a crazy, crazy story.

Is the food Better? The reviews on IT are like, still not good. I don't know.

I don't want to hear any bad things about. I I love those guys. I love cassiope to have a lot of memories, but there is a kid. And I love that these guys tried to basically the same thing that the for tea s did with the u fc when they bought up for two million bugs and then lost forty million trying to likely to build the brand. They do that but just with cash but is do but yeah.

all of the outcomes could be the same. But that's pretty well mean they're like epically rich. Those guys.

these guys and restaurants never Better carbo.

Um I want to do one more is that IT let's do this .

fatherhood one so jeremy from Austin, that's maybe somebody do you know says i'm a soon to be dead. I've read all the books I listen to podcast, but I ve got to hear from the boys what advice was actually useful underline for when you became a dad. So we all get advice, what was actually useful to mind?

So much easier um yes is GTA be like insight or and philosophical. Here's mine. Mine was like so easy.

So you IT was called like to five asses, but I really could just be like to so what the baby is crying there to three months. You swallowed them super tight. I was shocked. How tired to do you think you're .

supposed to be?

Yeah like you're put the saying in a strait jacket like like child productive services need to be called. Like that's how like I if bills like what you smile these kids and then you hold them on their side when they're cry and you lift them up in your ear and you push, but when you push, it's super loud. Like I I tell me how to do that's going to heard babies here.

And I like, no, I don't know. However, IT works, this is what they are used to hearing. You rush really loud in their ear and they quick crying after, like twenty second. So I was like the swallow sideways sush that was very productive.

Ah that's kid. I'll tell you what doesn't help first. So when I we got got print for the first time, I was like, oh, Better cuts of sleep. Now that's not how sleep works, and that doesn't do anything. Don't don't think that .

what you can build IT up with a bank if they wanted to say.

what could you actually do before the kid comes, which is not much IT be like, hey, just take this fifteen pound dumbbell and curled, just hold IT in the curl and then try to do the rest of your life so now Operate, you know, do your computer and like, make food and do everything while curling this thing because that's actually the only prep that I that would have actually help I you think the biggest prep is mental, uh, for at least for the dad.

Here's what I think the three faces of fatherhood is my bit. And more on, more going on a bit here, right? The three faces is a fatherhood and I want kids that's phrase one, I want kids. Yeah I want kids.

Hello yeah and then face two, which is when you're pragmatic and the baby's coming, I want kids that at that right? But yeah right now that face to and then face three, which comes approach, you think it's supposed to come when the baby is born? But I will not. For most people IT comes like twelve to eighteen months later is I can live without kids and then that's that's what you will get to that the third face IT does come have faith.

It's so totally Normal to have the the initial I want this, then the questioning in the doubt and the the panic, the freak out, then the initial anthills matic thing where the babies in an animal object and you're kind of useless as a dad, you're just helping the mom. You don't feel too much. That was at least mile was my experience and um that you are concerned you like way do I not have a soul? Why why don't I feel what i'm sure to feel about this kid? And then that sort of twelve, eighty months, once they start to like, smile and laugh or you know, craw, like do things like that, then you're able to IT turns around you like, I can't imagine life with with kids.

I probably spoke of thirty guys before I had my kid, and I was like, what should I expect? And I asked all of them a very like, blunt question, but they all understood what I met, which was, did you love her right away? Or did you love the baby right away? And of the probably seventy percent of mum said.

no.

I had love but I want you didn't love until lets say eight or ten but something like that um I personally was into IT because I had animals like I kind of replace like a dog for me if i'm being I like where like I love dogs and I was I like that. I like that type shit. So I was into IT, but I was preparing not to be into IT right away.

Lowered expectations.

the key of life. I think most men aren't into their kids for, you know. I mean, when I say into in love .

for like eight eight month and he, yeah I am you are honest, it's hard. Same same description. I I care but I I guess I wouldn't say i'm like totally like head of her heels. I you can't live with that.

I had to think it's like a room that you enjoy.

I was like, oh, totally, totally Normal. Turns around twelve, eighteen months. yeah. The three. Your broken.

you don't also do like every all of my friends, after they have kids, they all, most of them, have said similar things, which is, I wish I started sooner. And that shocked me. I was always the opposite. I thought I always thought was the opposite .

but I ish that like glad I got in all the the stuff that you can only do when you're Young, loud and free. I'm glad I got that end because it's a one way door. Once you do, if you can, there is no, there's no breaks, there's no molokans that you know, at least for me so you know I just seems like it's a i'm glad I took .

the time that episode to all this. Mae mae back are fun um if questions again like this dota M F M pod dot com and we're gonna D A contact. But and you .

could ask, drop them in there. Make a entertaining.

make him fun. We like him. All right. That's IT. That's a pot.

Feel like.

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