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#52: He Built a 22M Media Empire by Interviewing Tom Cruise, Shaq, Brady & 52 Billionaires — Transcript

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  1. 0:00I'm a firm believer that the world is
  2. 0:02overly cruel to shy men and it rewards
  3. 0:04the courageous. So, believe like whether
  4. 0:07you want to believe it or not, at the
  5. 0:09end of the day a closed mouth does not
  6. 0:10get fed. So, you just have to understand
  7. 0:12that if you talk to any of the most
  8. 0:14successful people like rejection is
  9. 0:15inevitable. Like even to this day I
  10. 0:17still have people that reject me and
  11. 0:19whatnot, [music] but I still use it as
  12. 0:20fuel. I still use it as motivation.
  13. 0:26>> [music]
  14. 0:30>> Give it.
  15. 0:32>> This episode [music] is brought to you
  16. 0:33by Google for Startups.
  17. 0:36>> This week's episode is from a recent
  18. 0:37[music] interview at the Startup Grind
  19. 0:39conference with James Du Moulin,
  20. 0:41co-founder of School of Hard Knocks, one
  21. 0:43of the fastest growing business [music]
  22. 0:44media brands in the world focused on
  23. 0:47entrepreneurship, financial education,
  24. 0:49and the next generation of ambitious
  25. 0:50builders. At just 23 [music] years old,
  26. 0:53James and his co-founders turned cold
  27. 0:54approaches in downtown Austin into an
  28. 0:56[music] eight-figure media business with
  29. 0:58more than 20 million followers and
  30. 1:00billions of views across social media.
  31. 1:03What started [music] with getting
  32. 1:04rejected over and over again while
  33. 1:06approaching entrepreneurs on the street
  34. 1:08has evolved into a global platform
  35. 1:09featuring [music] interviews from some
  36. 1:11of the world's most influential people
  37. 1:13like Shaquille O'Neal, Tom Cruise, Mark
  38. 1:16Cuban, and Will Smith. [music] Hope you
  39. 1:18enjoy the conversation.
  40. 1:20>> I see a lot of phones up taking pictures
  41. 1:22and we've had some really
  42. 1:25well-known, uh, incredible builders and
  43. 1:28investors, and just, uh, people that
  44. 1:31have changed the world and I have to say
  45. 1:34I am as excited to speak with you as I
  46. 1:37have been to speak with anybody over the
  47. 1:39years. Uh, just first, for I feel like
  48. 1:42everyone knows what you do and what
  49. 1:45you've created, but for the few people
  50. 1:49that don't, tell us, you know,
  51. 1:51how did you start the School of Hard
  52. 1:53Knocks? What is it and and sort of what
  53. 1:55problem does it solve?
  54. 1:56>> When I was 19 years old, I was going to
  55. 1:58the University of Texas at Austin and,
  56. 2:01you know, I, like a lot of people, had a
  57. 2:03passion for business. Collectively with
  58. 2:04my brother and a childhood friend, we
  59. 2:06always kind of had that entrepreneurial
  60. 2:08feeling in us and we knew that we wanted
  61. 2:09to do something together, which is rare
  62. 2:11because I grew up in the Washington D.C.
  63. 2:13Northern Virginia area. When you think
  64. 2:14about that area, you think of a lot of
  65. 2:16government jobs, contracting, defense,
  66. 2:18politics, but we always kind of felt
  67. 2:19like we were meant for a little bit more
  68. 2:20than that. And so, after some time going
  69. 2:22back and forth, we tried to think about,
  70. 2:24man, what are some industries right now
  71. 2:25that are really on the come up and we
  72. 2:27identified the creator economy. At the
  73. 2:29time, it was a $250 billion industry.
  74. 2:31We're like, man, let's just start making
  75. 2:32business content and just see where it
  76. 2:34goes. Prior to starting the School of
  77. 2:36Hard Knocks, I grew my personal brand
  78. 2:37from zero to 800,000 followers in about
  79. 2:3910 months on TikTok. So, I developed I
  80. 2:41developed the skill of understanding the
  81. 2:43algorithm, how to go viral, and
  82. 2:44mastering organic content creation. And
  83. 2:47eventually with the School of Hard
  84. 2:48Knocks, you know, it started with me, my
  85. 2:49brother, and childhood friend just
  86. 2:50giving business advice. Quickly realized
  87. 2:52that nobody wants to get business advice
  88. 2:54from a couple young 20-year-old kids.
  89. 2:56So, we mastered the power of pivoting
  90. 2:58and eventually we decided to go up and
  91. 3:00interview people. And what that did was
  92. 3:02is, number one, it helped democratize
  93. 3:04financial education. You know, we were
  94. 3:05very disgruntled about the way that a
  95. 3:07lot of financial literacy and business
  96. 3:08lessons were taught in school. You know,
  97. 3:10you're learning from people that
  98. 3:11actually never ran businesses. And
  99. 3:12that's not to discredit, right? There's
  100. 3:13obviously great universities out there.
  101. 3:15I know Stanford and I went to the
  102. 3:17University of Texas. There's some good
  103. 3:18professors, but for the most part,
  104. 3:19you're learning marketing from somebody
  105. 3:21that never built a marketing company or
  106. 3:23never actually leveraged that to help
  107. 3:24grow a business, which is a problem in
  108. 3:26our opinion. So, you know, we wanted to
  109. 3:28kind of be the ones to extract the
  110. 3:30advice, the lessons from the most
  111. 3:31successful people, bring it down to our
  112. 3:33generation. And so, when we pivoted to
  113. 3:35interviews, I mean, it quickly, you
  114. 3:36know, grew like rapid-fire and we just
  115. 3:38didn't stop. And, you know, I'd like to
  116. 3:40say still to this day, even with 22
  117. 3:42million followers, I still feel like I
  118. 3:43have zero followers. I still feel like,
  119. 3:46you know, I'm more motivated now to
  120. 3:47create content than I ever have been
  121. 3:48before. Um and so, yeah, we're just
  122. 3:50we're super excited and blessed.
  123. 3:52>> How long did it take for you to actually
  124. 3:53start
  125. 3:54>> Mhm.
  126. 3:55>> breaking through?
  127. 3:55>> This is a good one right here. I like to
  128. 3:57tell people this all the time. I posted
  129. 3:58400 times on Instagram and I had 50
  130. 4:01followers. How many people do you know
  131. 4:03would post 400 times with 50 followers
  132. 4:05and keep on posting? I don't know many.
  133. 4:07And so, I think that's one of the things
  134. 4:08that really separated ourselves and
  135. 4:09honestly anybody in business is just
  136. 4:11that willingness to to not take no for
  137. 4:13an answer, to understand that if you
  138. 4:15can't pivot, right? And that's just what
  139. 4:16it took. When we made those little
  140. 4:18pivots, when we adjusted to start doing
  141. 4:19the interviews and we noticed that that
  142. 4:20was a repeatable, engaging format of
  143. 4:23content, that's where we doubled down,
  144. 4:24we tripled down, we 10x. And so, you
  145. 4:27know, like Albert Einstein says, the
  146. 4:28definition of insanity is doing the same
  147. 4:29thing over and over and over again and
  148. 4:31expecting a different result. And like
  149. 4:32you just can't do that, especially in
  150. 4:34content. So, with those pivots that we
  151. 4:35made, it was, you know, really impactful
  152. 4:37for us. But, yeah, it was it was it was
  153. 4:39a long game. Media is a long game. You
  154. 4:41know, you don't get rich overnight in
  155. 4:42media. Like we didn't make money for our
  156. 4:44first 3 years. But, like we were talking
  157. 4:45backstage, we had our first $100,000
  158. 4:48month as a company in October 2024.
  159. 4:51Uh
  160. 4:52yes, 2024. And then last October 2025,
  161. 4:55we had our first million-dollar month.
  162. 4:56So, we went from a 100k month to a
  163. 4:57million-dollar month. Now we're doing,
  164. 4:59you know, between 1.5 and one and 2
  165. 5:01million a month now as a company. And
  166. 5:03so, I think that that was really just,
  167. 5:05you know, again, learning learning the
  168. 5:07game.
  169. 5:07>> Were you as you posted those 400 videos,
  170. 5:10were you getting
  171. 5:11some validation that this was good or
  172. 5:13this wasn't good or was it just sort of
  173. 5:15posting into the void and and no one was
  174. 5:17responding? I mean, or or did it and
  175. 5:19then did it feel like
  176. 5:20that iteration like slowly you started
  177. 5:22getting more and more or was it like it
  178. 5:24took 400 you kind of went from zero to
  179. 5:26100 very fast?
  180. 5:27>> Yeah, so I mean,
  181. 5:29with that, you know, I'm a big advocate
  182. 5:30of content diversification. Meaning, we
  183. 5:32were post posting on all platforms,
  184. 5:34Instagram, TikTok, Facebook, YouTube,
  185. 5:36you know, every platform. And I think we
  186. 5:38had a little bit of success on TikTok.
  187. 5:39The one I'm more so talking about is
  188. 5:41Instagram. And so, that was the one
  189. 5:42where we had posted 400 times with 50
  190. 5:44followers. So, we were like having some
  191. 5:46content that would resonate a little
  192. 5:48bit, that would do decent viewership
  193. 5:49wise. You know, I like to say early on
  194. 5:51when you're creating content, quantity
  195. 5:53breeds quality. The more you post, the
  196. 5:55more data that you get, the more it's
  197. 5:56going to tell you, "Hey, this type of
  198. 5:57content works, this doesn't." Oh, you've
  199. 5:59tried this video 50 times and you're
  200. 6:01still not getting 1,000 views? Take that
  201. 6:03video idea behind the barn and shoot it.
  202. 6:05Okay? And so, that's exactly like what
  203. 6:07we had to do with some of the content
  204. 6:09and and more so when we found that the
  205. 6:10winning format was the interview
  206. 6:12content, we just we never looked back.
  207. 6:14>> So,
  208. 6:15what if I have a small What if I have a
  209. 6:16small team? I have a small company. I'm
  210. 6:18in a startup or, you know, it's just me
  211. 6:19and a couple of my friends like you.
  212. 6:21Like, how do I do that? Like, how do I
  213. 6:23produce
  214. 6:24this insane level of volume of content
  215. 6:26and post it everywhere? Like, how do how
  216. 6:29do you What do you recommend to teach
  217. 6:30people to manage that?
  218. 6:31>> 100%. I mean, obviously there's a lot
  219. 6:33of, you know, great tools out there. I
  220. 6:36am just a massive advocate of content
  221. 6:38creation because when you look at a
  222. 6:39platform like TikTok, right? You could
  223. 6:41have 50 followers, in our case like we
  224. 6:42did. You could put out one piece of
  225. 6:44content that gets 5 million views and
  226. 6:47you don't have to pay a dollar for that
  227. 6:49exposure. Like, that didn't exist up
  228. 6:51until like 2019. And we've seen some of
  229. 6:53the most successful companies in today's
  230. 6:56world. I think about Poppy, Allison and
  231. 6:58Stephen Ellsworth, you know, they went
  232. 7:00from zero to 500 million uh in sales. Uh
  233. 7:03they were the fastest growing beverage
  234. 7:05company in history. They just They just
  235. 7:06sold to Pepsi for $2 billion and she
  236. 7:08attributed, when I interviewed her,
  237. 7:09success to getting 3 billion organic
  238. 7:11views on TikTok. Or I think about, you
  239. 7:13know, First Form who does almost a
  240. 7:15billion dollars in sales, it's a
  241. 7:16supplement company. They were one of the
  242. 7:17first to take to social media content
  243. 7:19creation. I mean, there's countless
  244. 7:21examples of it. But, I mean, I think
  245. 7:23that it's really just designating
  246. 7:25somebody on your team where that's their
  247. 7:26sole responsibility. Um if if you are
  248. 7:28obviously the founder of that brand,
  249. 7:30it's going to be hard to be creating
  250. 7:32content while also running the business.
  251. 7:34You know, we were talking about it
  252. 7:35backstage, but great businessmen, I like
  253. 7:37to say, are terrible content creators.
  254. 7:39Great content creators are terrible
  255. 7:40businessmen, but it's very important to
  256. 7:42have somebody that's on your team that
  257. 7:43where that's their sole responsibility.
  258. 7:45And in the case where you do want to
  259. 7:46have founder-led content, which I think
  260. 7:48is important because you hear all the
  261. 7:49time that people buy from people that
  262. 7:50they know, like, and trust. Um I would
  263. 7:53say that ensuring that maybe even if
  264. 7:54it's just 1 day a week where you're
  265. 7:56shooting all of your content for either
  266. 7:58an entire month or for an entire week.
  267. 8:00Like you just designate an hour or two a
  268. 8:02week to shooting as much content as
  269. 8:04possible. And I'm aware like they're not
  270. 8:05all businesses necessarily function off
  271. 8:08of, you know, content creation. Maybe
  272. 8:09not every avatar for your company may be
  273. 8:12out there on on TikTok, but there's a
  274. 8:14lot of other platforms and I fully see
  275. 8:16it continuing to go more and more in
  276. 8:17that direction.
  277. 8:20>> This show is brought to you by Google
  278. 8:22for Startups. If your startup is looking
  279. 8:24to integrate AI-generated images, video,
  280. 8:26or audio into your product, you need to
  281. 8:29read Google's new Future of AI report.
  282. 8:31It's a no-nonsense look at generative
  283. 8:33media designed specifically to help
  284. 8:35founders and builders deploy real apps
  285. 8:37in production. Grab your free copy at
  286. 8:40g.co/futureofgenmedia.
  287. 8:45>> A lot of
  288. 8:47builders, we think, "Oh, here's this
  289. 8:49product. Here's this customer I want to
  290. 8:50reach. You know, here's what I want to
  291. 8:52charge for it." You kind of hyper-focus
  292. 8:54on that. And you totally forget the
  293. 8:57distribution side of things. And it
  294. 8:58seems like you have hyper-focused on the
  295. 9:01distribution side of things and really
  296. 9:02mastered it. Don't want you to give away
  297. 9:04your your secret to the algorithm, but
  298. 9:07how did you learn
  299. 9:09what happens in the algorithm? How did
  300. 9:11How did you better? Like, are there
  301. 9:12things you're reading? Are there people
  302. 9:14that you follow that you recommend? Like
  303. 9:15Like
  304. 9:16what can I do as somebody that's just
  305. 9:18starting out with not a lot of resources
  306. 9:20to like start to really understand the
  307. 9:22ins and outs of how to make my stuff go
  308. 9:23viral?
  309. 9:24>> I'll give away the secrets. Like I don't
  310. 9:26even care. Um I like to give I like to
  311. 9:28give free game whenever I can. I mean,
  312. 9:29I've had dinner with the the head of
  313. 9:30Facebook. I've met a lot of the people
  314. 9:32that kind of work very, you know, high
  315. 9:34up with engineering, you know, the
  316. 9:35different social media platforms. The
  317. 9:37only one metric that matters on social
  318. 9:39media, it's not likes, it's not
  319. 9:41comments, it's not shares, it's not
  320. 9:43saves, it's watch time. That is the only
  321. 9:46metric that matters on social media.
  322. 9:48Why? Because Instagram, TikTok,
  323. 9:50Facebook, and YouTube have one thing in
  324. 9:51common. They're all competing against
  325. 9:53each other. Therefore, they're going to
  326. 9:54reward the people that can keep people
  327. 9:57on their platform. So, the longer the
  328. 10:00watch time that you have in terms of
  329. 10:02people watching from start to finish,
  330. 10:04the better that is, the more that
  331. 10:06they're going to reward you and they're
  332. 10:07going to push your videos out to new
  333. 10:09audiences, and that's where virality
  334. 10:11comes from. And so, I think with that is
  335. 10:13it comes down to there's a formula. The
  336. 10:15most important part of any video that
  337. 10:17you post on social media, any platform,
  338. 10:19TikTok, Facebook, YouTube, Instagram, is
  339. 10:21the first 3 seconds. Everybody's
  340. 10:23attention span is gradually just going
  341. 10:25like this. So, therefore, with
  342. 10:27thousands, millions of pieces of content
  343. 10:29at people's disposal on a daily basis,
  344. 10:32you have to say something very engaging,
  345. 10:34maybe even a little polarizing,
  346. 10:36something bold, some form of a pattern
  347. 10:38interrupt in the first 3 to 5 seconds in
  348. 10:39your content to stop the scroll, to get
  349. 10:42people to stop and actually watch your
  350. 10:44content. The first 3 seconds is the most
  351. 10:47important part of any video. I've been
  352. 10:49fortunate to grow a business where we
  353. 10:51create content for some of the biggest
  354. 10:53entrepreneurs in the world. We've got a
  355. 10:54content agency.
  356. 10:56And the number one thing that I've
  357. 10:57trained my team to hone down on when
  358. 10:59we're creating content strategy is the
  359. 11:01first 3 seconds. That's literally it.
  360. 11:03Obviously, you got to have some
  361. 11:04substance and there's more to that,
  362. 11:05right? But, it's it's if you can nail
  363. 11:07the hook, the first 3 to 5 seconds of
  364. 11:09the video, that gets people in the door.
  365. 11:11If you don't have If you have low views,
  366. 11:12I'm telling you it's cuz you have a bad
  367. 11:13hook. And then after that, it becomes
  368. 11:15about retention. So, maybe saying
  369. 11:17something after the hook to to get
  370. 11:19people to actually want to watch until
  371. 11:20the end of a video. So, an example of
  372. 11:22that could be is let's say This is just
  373. 11:24came to the top of my mind, I'll let it
  374. 11:26flow. But, let's say I was creating
  375. 11:27content for I was a um a cancer doctor,
  376. 11:31right? I was an oncologist, right? Maybe
  377. 11:33my hook is something like this, and I'm
  378. 11:35going to break it down.
  379. 11:36>> [snorts]
  380. 11:38>> Here are three signs that you were going
  381. 11:40to get cancer before the age of 40, and
  382. 11:42the third one you're doing on a daily
  383. 11:44basis. What did I just do right there?
  384. 11:46Number one, the delivery is impeccable.
  385. 11:47So, you have to have strong delivery.
  386. 11:49>> You got to have It really was
  387. 11:51impeccable.
  388. 11:51>> You got to have good delivery, right?
  389. 11:52And and that was dark. I didn't mean to
  390. 11:54even go there. But anyways, so but what
  391. 11:56I did there is like again, I had a bold
  392. 11:59hook. Here are three things that are
  393. 12:01going to cause you to have cancer by the
  394. 12:02time you're 40, but then what I ended it
  395. 12:04with by saying and and the third thing
  396. 12:05you're doing on a daily basis. Now, why
  397. 12:07did I say that? Cuz it creates
  398. 12:08retention. People want to stay in here.
  399. 12:10What is that third thing that they're
  400. 12:11doing on a regular basis? So, that's a
  401. 12:12little bit about like how I engineer it.
  402. 12:14I focus on watch time. You The way that
  403. 12:15you have that is by having a strong hook
  404. 12:17and retention.
  405. 12:17>> Does that work for you you your videos
  406. 12:19are really short, and they're also, you
  407. 12:22know, really long, 20-30 minutes in some
  408. 12:23cases. Does it Does it matter the watch
  409. 12:26the length of those videos, or is it
  410. 12:27just like you got to get that hook, and
  411. 12:29that can work for a long video or short
  412. 12:30video?
  413. 12:31>> Yeah. I mean, I would say that's
  414. 12:32definitely catered a bit more towards
  415. 12:33short-form content, but the same thing
  416. 12:35applies for long-form, right? Like you
  417. 12:37notice the most successful podcasters,
  418. 12:39like we'll talk about Diary of a CEO who
  419. 12:40has hour-long podcast, he's got that
  420. 12:43first minute, it's a preview of some of
  421. 12:44the best parts that people are going to
  422. 12:46look forward to. So, there's the hook of
  423. 12:47his video right there. And then beyond
  424. 12:49that, it's like yes, making sure that
  425. 12:50there's stuff all throughout for like
  426. 12:51retention. So, I think that that formula
  427. 12:53is, you know, adamant for both short-
  428. 12:55and long-form content.
  429. 12:56>> You moved a lot growing up. You lived
  430. 12:58overseas, lived across the country.
  431. 13:01Uh
  432. 13:02What What did that teach you about
  433. 13:04becoming the person you are today?
  434. 13:05>> I think it's a great question. Yeah, I I
  435. 13:07was talking, you know, backstage with
  436. 13:08Derek, but I was fortunate from the ages
  437. 13:10of 6 to 10 I lived in South Korea. My
  438. 13:13dad ran the largest overseas military
  439. 13:14base in the entire world, Camp Humphreys
  440. 13:16in South Korea. And before the age I was
  441. 13:1920, I had been to 20 countries. And what
  442. 13:20that did, in my opinion, is number one,
  443. 13:23it gave me a different perspective on
  444. 13:24life. I tend to view things a lot more
  445. 13:26from a global lens as opposed to a very
  446. 13:28narrow perspective. You know, I grew up
  447. 13:30in the DC area after living in northern
  448. 13:31Virginia and a lot of my peers never
  449. 13:33left their hometown. But I'm a big
  450. 13:35believer that you can only grow to what
  451. 13:36you're exposed to and being that I was
  452. 13:38able to travel so much, I realized that
  453. 13:39man, the world is so big. I don't want
  454. 13:40to just stay trapped here. And I think
  455. 13:42that was a big thing that kind of
  456. 13:43planted that entrepreneurial seed in me
  457. 13:45that it's like, I want to have my own
  458. 13:46schedule. I want to create my own time.
  459. 13:47I want freedom. I want to be able to
  460. 13:49travel if I want to travel. And so, I
  461. 13:50think that was that was big for me. And
  462. 13:52also the adaptability. I moved three
  463. 13:54different times in South Korea, back to
  464. 13:55the States. And so, even just thinking
  465. 13:57about that skill coming into like the
  466. 13:59business side of things now on continent
  467. 14:00and just like the ability to pivot and
  468. 14:02understand that hey, not everything's
  469. 14:03going to work for a while and that you
  470. 14:04have to be subject to change.
  471. 14:07>> You are fearless.
  472. 14:08The the way that you approach people
  473. 14:10>> Mhm.
  474. 14:11>> uh the
  475. 14:12And and it's not it's not some random
  476. 14:14person. These are like people getting
  477. 14:15out of Ferraris or other, you know,
  478. 14:17clearly
  479. 14:18somebody distinguished, somebody, you
  480. 14:19know, with that's had success.
  481. 14:22How do you
  482. 14:24How do you get your psyche, get your
  483. 14:26head in the right place? Because you get
  484. 14:28you get rejected a lot. Even though
  485. 14:29you've done this so many times, you
  486. 14:31still I watched a video of yours just
  487. 14:33the other day and a new video and it was
  488. 14:35like rejection after rejection after
  489. 14:37rejection.
  490. 14:38How do you overcome that? How do you
  491. 14:40think about people telling you no over
  492. 14:41and over again?
  493. 14:42>> I I'm a firm believer that the world is
  494. 14:45overly cruel to shy men and it rewards
  495. 14:47the courageous. So, believe like whether
  496. 14:49you want to believe it or not, at the
  497. 14:51end of the day, a closed mouth does not
  498. 14:53get fed. So, you just have to understand
  499. 14:55that if you talk to any of the most
  500. 14:56successful people, like rejection is
  501. 14:58inevitable. Like even to this day, I
  502. 15:00still have people that reject me and
  503. 15:02whatnot, but I still use it as fuel. I
  504. 15:03still use it as motivation. You know, I
  505. 15:05like to say, um you know, a lot of the
  506. 15:07interviews that I've been able to get in
  507. 15:09the last year, they were initially no's,
  508. 15:11honestly. Like big billionaires and some
  509. 15:14of the like a A-lister that I recently
  510. 15:16did in the last year, it was initially
  511. 15:17no as well. But that's the power of
  512. 15:20building and compounding credibility.
  513. 15:22One of my favorite sayings is that
  514. 15:23credibility kills all bad attitudes. I
  515. 15:25mean, the amount of no's that we got
  516. 15:27starting out being that we were just
  517. 15:28some young 20-year-old kids, didn't have
  518. 15:29any connections, didn't really have any
  519. 15:31credibility. Like, it came over time and
  520. 15:33we had to naturally build that. But, the
  521. 15:35whole thing about rejection, man, is
  522. 15:36it's like at the end of the day, like
  523. 15:38I'll just kind of a a quick story is,
  524. 15:40you know, I've interviewed 52
  525. 15:42billionaires at 23 years old. And the
  526. 15:44first billionaire that I ever
  527. 15:45interviewed was Mark Cuban. And it was
  528. 15:47uh 2022 South by Southwest in Austin,
  529. 15:50Texas.
  530. 15:51And he would just he had just finished
  531. 15:53speaking at at South by Southwest in my
  532. 15:56home city where I live right now, which
  533. 15:58is Austin. And I saw him kind of on the
  534. 16:00corner. He was like waiting for a Uber
  535. 16:02or a ride or something like that. And at
  536. 16:04the time, you know, before, you know, we
  537. 16:06had built like a real media company.
  538. 16:08Like, I have 17 employees now across all
  539. 16:10of our businesses. But, at the time it
  540. 16:11was literally just me, my brother, and
  541. 16:13childhood friend. So, it'd be my brother
  542. 16:14and I taking turns filming one another
  543. 16:16before we really solidified like who
  544. 16:17would be doing what. And so, we had been
  545. 16:19doing interviews for a little bit. We
  546. 16:21had a little bit of success there, but
  547. 16:22we had never really gone up to somebody
  548. 16:23like a Mark Cuban, right? He is 100% was
  549. 16:26the only, I guess you could call him
  550. 16:27celebrity entrepreneur that we'd ever
  551. 16:29even had like seen in front of us at the
  552. 16:31time. And so, we saw him and my brother
  553. 16:33and I were very hesitant at first. And
  554. 16:35we were like, man, what if what if he
  555. 16:36says no? Ah, he's not going to want to
  556. 16:38talk to us. But, then there's something
  557. 16:40that I live by, which is this idea of
  558. 16:42take the risk or lose the chance. Take
  559. 16:44the the worst thing somebody can say is
  560. 16:46no. And if they say no, then you're in
  561. 16:48the exact same position that you were if
  562. 16:50you didn't even go up and try and, you
  563. 16:51know, in our case get the interview.
  564. 16:53Which is exactly what we did. We went up
  565. 16:54to him confidently, said, "Hey, Mark. My
  566. 16:56brother and I, we started this channel
  567. 16:57here at the University of Texas. We're
  568. 16:58just trying to get some advice to help
  569. 17:00the younger generation through some
  570. 17:01interviews. Would you do an interview
  571. 17:02with us?" And he happily said yes. And
  572. 17:04had we not done that, we would not have
  573. 17:05been able to bank an interview with with
  574. 17:07a billionaire, owner of the Dallas
  575. 17:09Mavericks, right? Shark Tank, you know,
  576. 17:11figure. And we've I've leveraged that
  577. 17:13still to this day when I'm getting
  578. 17:14interviews. You know, like I I still
  579. 17:16will will drop that, you know? And so, I
  580. 17:18think that there's a lot of power in
  581. 17:19just understanding that like, you know,
  582. 17:21I'm a testament of a thousand no's and
  583. 17:22and getting rejection. And even still to
  584. 17:24this day, I just I just I really don't
  585. 17:26care. I just don't even let it phase me.
  586. 17:28Cuz and that's the thing, too, is just
  587. 17:29like, you know, if I can get Tom Cruise
  588. 17:31to do an interview, if I can get Mark
  589. 17:32Cuban, if I can get Tom Brady or Shaq or
  590. 17:34any of these guys, then I'm not going to
  591. 17:35let anybody's no bother me. I'm like,
  592. 17:37I've already had them in front of me.
  593. 17:39So, it's like it's like somebody else is
  594. 17:40going to get is going to get to do it.
  595. 17:41>> Well, I I took this to heart the other
  596. 17:43day because I watch your videos. I'm so
  597. 17:45inspired by your fearlessness.
  598. 17:48And there was somebody that I deeply
  599. 17:49admired. And I
  600. 17:52tried to kind of reach him online,
  601. 17:53couldn't do it. Finally, I was like, you
  602. 17:54know what? I What would James do? And
  603. 17:56so, I uh
  604. 17:58I made a flyer, which I haven't probably
  605. 18:00done in 15 years. And I rolled up to
  606. 18:03their office. And as I'm pulling in, it
  607. 18:05was like a Friday afternoon. I was like,
  608. 18:06I'll probably just get the person at the
  609. 18:07front. I'll I'll drop this off.
  610. 18:10As I pulled in, I looked to my right and
  611. 18:12in a convertible,
  612. 18:13the guy was there, sitting in the
  613. 18:16parking lot.
  614. 18:17And I was like, this is like was this an
  615. 18:19act of God? Like what what just what is
  616. 18:21happening? And I try not to like, you
  617. 18:24know, rush him. But I roll I I walked up
  618. 18:26to him and I was like,
  619. 18:28"Hey." And I pitched him. And the most
  620. 18:30incredible thing happened.
  621. 18:31Uh he listened and I could tell you can
  622. 18:34tell when somebody's actually listening,
  623. 18:35probably like Mark Cuban did at that
  624. 18:37moment. He's actually paying attention
  625. 18:38and I could tell and
  626. 18:40I I I told him who I was and what I was
  627. 18:42doing and he said, "Just wait right
  628. 18:44here. I need to pull my car in to this
  629. 18:47place and then I'll I'll come back and
  630. 18:48meet you." And it's a Friday afternoon.
  631. 18:51He spent the next 40 minutes with me.
  632. 18:53And it was incredible. I was like,
  633. 18:56I was like, how is this happening?
  634. 18:57Honestly, it was it was it was because
  635. 18:59of you. You get all the credit cuz I
  636. 19:00wouldn't normally do something like
  637. 19:01that. And I feel like
  638. 19:03I feel like like you said, actually, the
  639. 19:06worst thing that happens is nothing
  640. 19:07happens, I think.
  641. 19:08Like somebody says no, it's It's not
  642. 19:10that bad. You know, I am reminded of
  643. 19:12some of those videos like I I've been
  644. 19:14married 20 years next month.
  645. 19:16>> You got it.
  646. 19:16>> But thank you. But I see some of these
  647. 19:18dating videos online and it's like, you
  648. 19:20know, or or these memes it's like the
  649. 19:22worst thing that she Oh, the worst They
  650. 19:23said the worst thing she could say was
  651. 19:24no and then somebody just gets
  652. 19:26destroyed. Um
  653. 19:28But that doesn't really happen in
  654. 19:29business, you know? So it's like the
  655. 19:31worst thing they say is nothing.
  656. 19:32Nothing. They don't say anything. Then
  657. 19:33you keep falling up. And then if they
  658. 19:34say no, it's like you said like that's
  659. 19:37just the beginning. And actually I
  660. 19:38invited this person to speak and they
  661. 19:40said no. And it really like He gave He
  662. 19:43gave me a cell phone number and he said,
  663. 19:45"Hey, let's [snorts] follow up." And
  664. 19:46then he said later said, "Hey, I I
  665. 19:48He said, "I love What he said was a
  666. 19:49direct quote was, "I loved your energy
  667. 19:51but I'm not going to do this."
  668. 19:52And at first I was bummed, but then I
  669. 19:55was like, "Dude, I already got him."
  670. 19:57Like he let me in and we talked for 40
  671. 19:59minutes. Like I'm going to go back down
  672. 20:01there again and we're going to talk for
  673. 20:02another 40 minutes and we're going to do
  674. 20:03this and and this and this and all these
  675. 20:04good things can happen and
  676. 20:06I just think um
  677. 20:07it takes courage. It takes courage to
  678. 20:10start a company. It takes courage to go
  679. 20:12try to sell. It takes courage to ask
  680. 20:13somebody for money to buy your product.
  681. 20:15Um
  682. 20:16but if you don't do it somebody else
  683. 20:18will.
  684. 20:18>> 100%.
  685. 20:19>> And and no one's stopping you. No one's
  686. 20:21stopping you today to go up and, you
  687. 20:22know, it's tomorrow to Well, come to the
  688. 20:25event tomorrow. But Wednesday
  689. 20:27go. Like go email the people that that
  690. 20:29you need to meet with the and be
  691. 20:31thoughtful about it and like show that
  692. 20:32you care and they'll see that energy I
  693. 20:34think.
  694. 20:34>> Yeah.
  695. 20:35Now I'm I'm I'm I'm a big believer in
  696. 20:37that. Like you said it perfectly right
  697. 20:38there. If you don't somebody else will.
  698. 20:40So you got to you got to create those
  699. 20:42opportunities for yourself.
  700. 20:43>> What's next? If we're sitting here in 5
  701. 20:45years
  702. 20:46and
  703. 20:48everything goes right
  704. 20:50where do you think you'll be? What what
  705. 20:51will you be doing? How will it be
  706. 20:52different? How will it be bigger? How
  707. 20:54how will it be How will it change?
  708. 20:55>> Yeah, so I mean I think it's it's a
  709. 20:57great question and I could go a couple
  710. 20:59different ways with it. I think for
  711. 21:00starters, you know, again, I I still I
  712. 21:03go back to what Mike Propolis says. Mike
  713. 21:06Propolis probably one of the my favorite
  714. 21:08people that I've ever met. He's the
  715. 21:09founder of Bodyarmor and Smartwater and
  716. 21:11he did a total of 12 billion in exits to
  717. 21:14Coca-Cola. And I will never forget, I
  718. 21:16think about this every day. He said that
  719. 21:17when the big guy on top gets
  720. 21:19comfortable, the starving entrepreneur
  721. 21:20is going to come up and eat their lunch.
  722. 21:22So, even though we've got 22 million
  723. 21:24followers now, I want to get to 30. I
  724. 21:26want to get to 40. I want to just keep
  725. 21:28on growing. I've got an incredible team,
  726. 21:30two awesome co-founders. We're scaling
  727. 21:32like crazy, continuing to double down on
  728. 21:34what works. Focus, focus, focus. I like
  729. 21:36to say concentration builds wealth,
  730. 21:38diversification keeps it. So, right,
  731. 21:40we've been going heavily into real
  732. 21:41estate in the last year, going to
  733. 21:42continue to build that portfolio,
  734. 21:44probably start [snorts] investing in
  735. 21:45some companies with my guy Derek over
  736. 21:46here. And then honestly, just doubling
  737. 21:48down on the media game, right? Like
  738. 21:49distribution is everything, right? Like
  739. 21:51we're showing you we launched a couple
  740. 21:53of subchannels. So, I want to just
  741. 21:55continue to keep launching different
  742. 21:56channels and building one of the biggest
  743. 21:58business media networks that ever
  744. 21:59existed in the world.
  745. 22:01>> But, you're going to do it. I don't
  746. 22:02think anybody in here
  747. 22:03seeing you, listening to you, hearing
  748. 22:05you, doesn't believe you can't do it.
  749. 22:07You're going to do it and grateful to
  750. 22:10spend a few minutes with you and hear
  751. 22:11about it.
  752. 22:12>> Thank you, my firing guy. Thank you.
  753. 22:13Appreciate you.
  754. 22:14>> Good to meet you, Derek. Thank you.
  755. 22:18>> [music]
  756. 22:24[music]
  757. 22:24>> Did it.
  758. 22:33>> [music]

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