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Asking 100 Wealthy People What They Do For A Living — Transcript

by Charlie Chang · 25,049 words · 3,689 segments · language en · Watch on YouTube

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0:00You have to become a millionaire by the
0:01time you're 30. Focus on replacing your
0:03salary so that you can start buying your
0:04time back because at the end of the day,
0:05the most valuable currency is time.
0:07>> I have the check from my dad, $2,000. I
0:10started taking the money and just
0:12putting it right back in the business.
0:13Everything I got, it was hard. It's a
0:15struggle starting a business. You're
0:16unsure if it's going to work. As of last
0:19year, we did 2 million in sales.
0:20>> I learned how to sell. That's, you know,
0:22marketing is sales. Everything is sales.
0:24>> I lost all my houses. I was uh got
0:26audited by the IRS, owed them $250,000.
0:29and at the age of 27 moved back into my
0:31mom's house sitting on her couch. So
0:32investing your money while still putting
0:34money away and having the reserves so
0:36you're able to weather the storm as it
0:38comes.
0:38>> You got to learn how to people say you
0:41know you need to get certain education
0:43certain skill set but without being able
0:44to
0:47it won't take you to the next level.
0:51Over the last few years, I've
0:52interviewed hundreds of rich people,
0:54asking them what they do for a living,
0:56how they found their success, and their
0:58advice for anyone that wants to live a
0:59financially successful life. Now, over
1:01time, no matter what industry they were
1:03in, I started noticing a lot of patterns
1:05behind their answers. This video is
1:07going to be a compilation of the best
1:09answers I got over the last 4 years. We
1:12talked to some incredible people who had
1:14amazing things to share. Really great
1:16advice and I know that if you watch this
1:17video in full, you're going to come out
1:20a better, smarter, more successful
1:22person. I'm literally willing to bet on
1:24that. Anyways, let's get started with
1:26the video.
1:26>> So, what's your name, age, and what do
1:27you do?
1:27>> My name is Wally El Sharief. I just
1:29turned 40 yesterday and I'm in real
1:30estate.
1:31>> Do you have any advice for aspiring
1:32entrepreneurs?
1:33>> Absolutely. If you think you can go out
1:34and do it. A lot of times people don't
1:36give themselves too much credit or
1:37confidence and you're going to fail.
1:39Most people are not willing to fail.
1:40that road to failure, you learn a lot.
1:42And you just got to bounce yourself back
1:44up and continue to drive forward and
1:46having that mindset because in life,
1:48nothing comes easy and you have to be
1:49able to be resilient and then manifest
1:51exactly what you want. And if you're
1:53able to take the time and put in the
1:54work, you will achieve it.
1:55>> Can you tell us about some of your
1:56failures and what you learned from them?
1:57>> Oh, absolutely. I got into the real
1:59estate industry in 2006. I quickly
2:01purchased three, four houses within the
2:03first few years. Market crashed and I
2:05didn't really learn how to invest my
2:06money wisely. So, I lost all my houses.
2:09I was uh got audited by the IRS, owed
2:11them $250,000 and at the age of 27 moved
2:14back into my mom's house sleeping on her
2:15couch. So that was one of my biggest
2:17first failures.
2:17>> What did you learn from that?
2:18>> What I learned is be more wiser with my
2:20money. It doesn't mean that you're
2:21earning a certain income that it's going
2:22to continuously come in. So investing
2:24your money while still putting money
2:26away and having the reserves so you're
2:28able to weather the storm as it comes.
2:30>> What was your first job?
2:31>> First job was 16 years old at Orange
2:33Julius in the in the mall.
2:35>> How much you make at that job?
2:36>> I think it was like $4 an hour. What's
2:38the most you've ever made in the month
2:39now?
2:40>> Made over 500 in a month.
2:41>> 500K, you guys. Not Not $500. How do you
2:44save or budget your money?
2:45>> I break my income down. Whatever money I
2:47get, if it's from an investment, if it's
2:48from my monthly salaries or for my
2:50businesses, 25% goes away to savings
2:53regardless. I put 25% away for taxes,
2:5510% for marketing, then I pay my bills,
2:58and then whatever is remaining is my
2:59spending money.
3:00>> So, what's your name, age, and what do
3:01you do?
3:01>> Jason. I'm 32 and I do licensing.
3:04>> Uh, what do you mean by licensing? What
3:05is that?
3:06>> All right. So, we deal with a lot of
3:07anime studios and video game companies.
3:09Uh, we acquire rights and then we create
3:12our own merch from it. So, it's all
3:13official merch, custom backpacks, metal
3:15posters, etc. Any type of merch that we
3:17find is cool that we could put our like
3:19own touch to it and then we sell it.
3:21>> Do you have any advice for people that
3:22want to get into licensing or something
3:23similar? Get out there and don't be
3:25afraid to fail because through that
3:27failure you'll not only learn but you'll
3:29get opportunities where even when I was
3:31in real estate first one two properties
3:33I bought I lost a lot of money on but I
3:35gained a lot of experience and I was
3:37lucky enough to be able to hold on and
3:39they're profitable now. So, I mean with
3:41real estate, as long as you hold on, but
3:42obviously do as much homework as you can
3:44and don't be afraid to try new things.
3:46But number two, I I know it sounds
3:48really cliche, but if you do what you're
3:50actually interested in, you'll put in
3:52the extra time. Cuz no matter what you
3:54do nowadays, it's really competitive.
3:55So, if you're out like, "Oh, hey,
3:57doctors make a lot of money. Let me go
3:59get certified, try to be a doctor."
4:00You're probably not going to be the best
4:01doctor cuz you're doing it just for the
4:03money. But if you do what you enjoy,
4:04you'll put in the extra work without
4:06feeling like it's work. And then
4:08ultimately, you'll find a way to
4:09monetize it. What's a daily habit that
4:11everyone should do?
4:11>> Probably sleep and wake up on time. Once
4:14you sleep and wake up on time, a lot of
4:16other things get into place. And that's
4:17the same thing with working out. I would
4:19say a daily habit should be that you
4:21should get like 45 to 60 minutes of
4:23movement. Many people live seditary
4:25lifestyles cuz now we're on the
4:27computers a lot and stuff, but your
4:28health is everything.
4:29>> Why'd you drop out?
4:30>> I was doing my own business while I was
4:31going to college. Used to bother it to
4:33irritate me that I'm wasting my time.
4:35And then there's so such a wealth of
4:37knowledge online that I just felt like
4:39with online and books that I could buy.
4:41If you're really dedicated, you can
4:42learn what you need to outside of
4:44college. If I had kids, I would tell
4:46them unless you're trying to be a doctor
4:47or a lawyer, there's no reason to go to
4:49college.
4:50>> What's your name, age, and what do you
4:51do?
4:51>> Maddie. I'm an interior designer.
4:52>> How'd you get into that?
4:53>> I was actually in pharmacy and I
4:55switched over to interior designer about
4:575 years ago. So now I just do high-end
4:59homes around Newport Beach.
5:00>> Do you have any advice for people that
5:02want to get into interior design? work
5:03hard, network, and being proud of what
5:06you know what you're putting out there.
5:07Interior design is subjective. Not
5:09everybody will like your work, but
5:10that's what makes your work unique. Just
5:13putting your personal spin on it.
5:14>> Do you have any advice for networking?
5:16>> Social media mostly. Social media is
5:18going to be your best bet where, you
5:20know, you're building a network. You're
5:21talking to people that are in the
5:22industry. Learn from them. Listen with
5:25your ears, not with your mouth. They
5:27always tell me that. I couldn't agree
5:28with it more.
5:28>> What car do you have?
5:29>> I have the Lamborghini Huracan Evo and a
5:31Lamborghini Urus. What's your favorite
5:33thing about them?
5:33>> The drive. They're both unique in their
5:35own ways, but they're both beautiful.
5:37>> Do you have any advice for aspiring
5:38entrepreneurs?
5:38>> Don't give up. Like, I know sometimes it
5:40gets tough and there's the bad side,
5:42there's a good side. Don't believe
5:44everything you see on social media.
5:45There's a lot of behind the scenes work
5:48that, you know, we don't get to see. We
5:49just see like the end result, but
5:51there's a lot more behind the scene
5:53that's going on that's getting you to
5:55that extent.
5:55>> What's a daily habit you do that
5:56everyone should do?
5:57>> I wake up early, 5:00 a.m. every day,
5:59and start my day.
6:00>> What do you do in the mornings?
6:00>> Go for a run. just clears your mind.
6:02Gets you started for the day.
6:04>> How do you learn things?
6:05>> YouTube. Just whenever I have a
6:06question, I go on YouTube.
6:07>> Thank you so much for your time. What's
6:08your name, age, and what do you do?
6:09>> I'm Mr. Organic. I'm 40 years of age,
6:11but I'm really immortal. What I do, I do
6:13me for a living. I monetize my
6:15lifestyle. Follow me, Mr. Organic, one
6:17word, on Instagram, YouTube, Mr_anic,
6:19and make sure you put a K instead of a
6:20C. I make content. I make clothing. I
6:22wrote books. I inspire people to change
6:24their lives. I'm one of the ones.
6:25>> Do you have any advice for aspiring
6:27entrepreneurs? Um, inspiring
6:28entrepreneurs. Believe in yourself. Work
6:30hard. Never give up and don't give a
6:31about nobody opinions, thoughts, or
6:33concerns. It's all about you. This world
6:35belongs to you. Create your own earth
6:36and then monetize.
6:37>> What cars do you have?
6:38>> I got a Lamborghini Urus 2021. You know
6:40what I'm saying? The yellow back
6:41interior, yellow steering wheel, big
6:42forgi, and then we got this here, sir.
6:44Let me step to the side. Rolls-Royce
6:46Dawn. The spawn Dawn. You hear me? Ain't
6:48never been done before. You hear me?
6:50>> What's a daily habit you do that
6:51everyone should do?
6:52>> Well, I I manifest, right? I got daily
6:54affirmations. I talk wealth. I talk
6:56health. I talk happiness into my life
6:58and I just walk around with tranquility
7:00around me. So that means I control my
7:01environment. So that's what I do every
7:03day. I wake up early. I manifest. I got
7:05affirmations and then I go work. You
7:06know what I'm saying? One thing I'm
7:07going to do is work hard. Everything
7:09else will come to me. Long as I do my
7:10part, I ain't got to worry about nothing
7:12else. You know, I don't wait for
7:13blessings to come to me. I go meet them
7:14in the middle.
7:15>> What's something that's free that
7:16everyone should do?
7:17>> Free is knowledge. Um knowledge is the
7:19most important essential thing in this
7:20world. People say time is the most
7:22important thing. No, knowledge buys you
7:24more time. And what's a high value skill
7:25that everyone should learn?
7:26>> Pay attention. The most important thing
7:28in this world, just like knowledge, is
7:29paying attention. Everything is already
7:30there for you. People want handouts and
7:32told how to do it. No, pay attention to
7:34the people that's already doing it. The
7:36blueprints is already laid. You just got
7:38to read them.
7:38>> What's your name, age, and what do you
7:39do?
7:39>> Hey, my name is James. I'm 23. Uh, and I
7:42own a series of companies. I have like a
7:43marketing company. I have an event
7:44planning company, a few other things,
7:45too.
7:46>> Do you have any advice for aspiring
7:47entrepreneurs?
7:47>> Yeah, just figure out what you like to
7:49do. Just stick to it. Keep doing it day
7:51after day after day. Trends never came
7:52about by someone doing something once.
7:54You just got to stick to it. Anything
7:55that you can do, just put your mind to
7:56it. I know it's I know it sounds cliche,
7:57but it's true.
7:57>> What's a business that people can start
7:59today that you think is good?
8:00>> Any business that you want, you just
8:01have to figure out what you want to do.
8:02Set up your website, set up your game
8:03plan, and just go for it.
8:04>> Are there any high value skills that you
8:05recommend people learning?
8:06>> Uh, learn how to sell. That's, you know,
8:08marketing is sales. Um, every everything
8:10is sales.
8:11>> What's your name, age, and what do you
8:12do?
8:12>> My name is Ryan. I'm 42 years old, and
8:15uh we run a couple businesses.
8:16>> Do you have any advice for people that
8:17want to get into that?
8:18>> Yeah. You know, think different, right?
8:19Push hard. The mistake that everybody
8:21has on YouTube is that they think people
8:23don't work hard and it all looks fun.
8:24And what happens is you got to bust your
8:26ass all day long, every day, 7 days a
8:28week, just like you guys do, right?
8:29People probably think they your job's
8:31easy, is it?
8:31>> It's not that easy.
8:32>> Yeah, that's it. So, yeah, work hard.
8:34Uh, be good at your craft, be unique,
8:36pay attention, listen.
8:36>> What is something that you do every
8:38single day that everyone should try?
8:39>> Probably affirmations. You know, it's
8:41probably something uh slept on most of
8:42the time. People don't realize
8:44affirmations are important.
8:45>> What's something that you love spending
8:46money on? on god education you know
8:48mostly self education is the game right
8:49now you know college is important for
8:51the people that need to go but most of
8:53it is experience experience is learned
8:55either through doing something
8:56repetitively or it's learned through
8:58long periods of time
8:59>> so what's your name age and what you do
9:00>> my name is Mark I'm 33 years old and um
9:03I do real estate and restaurants
9:04>> do you have any advice for aspiring
9:06entrepreneurs
9:06>> for sure don't quit never give up I know
9:09that sounds cliche but there's been a
9:10few times in my almost 10 years of
9:12entrepreneurship where almost giving up
9:14I just kept going you know if I gave up,
9:16I wouldn't be where I'm at right now.
9:17So, yeah, don't give up. That's my
9:18advice.
9:19>> What is a business that people should
9:20start right now?
9:21>> I I truly believe in the uh the real
9:23estate world. Again, I've done
9:24restaurants. I love them, but now I'm
9:26actually heading towards the real estate
9:28just because a lot of the wealth is
9:30built through real estate.
9:30>> So, what are you doing in real estate
9:32particularly?
9:32>> I do Airbnb. So, I do short-term
9:34rentals, get a bunch of them, put them
9:36on Airbnb.
9:36>> So, what's your name and what type of
9:38business do you have?
9:38>> My name is Tea Paulie and I own a chain
9:40of retail stores, eco-friendly stores
9:42for sustainable living. That's when it
9:44really like went off in my head. There's
9:46a need for this and the demand for it
9:48and a gap in the market.
9:49>> Do you have any advice for aspiring
9:51entrepreneurs?
9:51>> Work hard and it's going to take way
9:53longer than you think it's going to
9:55take. Um, just stick it out. I think a
9:57lot of the time people want to give up
9:58and they get scared and it's like you
10:00just have to get comfortable with being
10:01uncomfortable.
10:02>> So, uh, what's your name and what type
10:03of business do you have?
10:04>> My name is Ryan Ferrer and we own a mini
10:07figure e-commerce business. How did you
10:09get into this type of business? I had my
10:12old childhood Legos that I just kind of
10:14started researching. I needed some
10:15pieces that I couldn't never find as a
10:17kid. And I came across a site called
10:19BrickLink. It's like an Amazon for Lego.
10:21Playing around with stuff, researching,
10:23and we we're talking like maybe $3 up to
10:26$200 for some rare ones. And so I just
10:28started playing around and one figure
10:29led to 10 led to,000. How much money did
10:32you start this business with? I have the
10:34check from my dad, $2,000. I started
10:37taking the money and just putting it
10:39right back into the business. everything
10:40I got. It was hard. It's a It's a
10:42struggle starting a business. You're
10:44unsure if it's going to work. Would you
10:45be willing to share some of the numbers
10:47that you guys do? As of last year, we
10:49did 2 million in sales.
10:50>> What's your name and what type of
10:51business do you have?
10:52>> My name is Edmond Kum and I own Lucen
10:54Graphic Solutions. It's a digital
10:56printing company.
10:57>> Do you have any tips for people that
10:58want to get more clients?
10:59>> Networking is a key. Be honest. Treat
11:01your customers well. You'd be surprised
11:03the word of mouth how far it'll get you
11:05in a business. Are there any things you
11:06tell the customers to encourage them to
11:08refer their friends and family?
11:10>> Yeah, always. I mean, uh, if it's
11:11something that doesn't work and we know
11:13it's not going to help the client, it's
11:14going to fall apart. It's a few months
11:16down the line, we're upfront about it
11:17and they'll never forget that. Next
11:18thing you know, you have five referrals
11:20from that person.
11:21>> And how have you built like a good team
11:23culture?
11:24>> Again, it's by treating people right.
11:26What everyone wants to be treated fairly
11:28and with respect. And that's how that's
11:30how we basically do it. We just treat
11:31our team members with respect. Even in
11:33our independent contractors that we use
11:35from time to time, they give us priority
11:36because they get paid on time, they're
11:38treated with respect, and they don't
11:39have to chase their money for any
11:41project that they complete.
11:42>> So, what's your name and what type of
11:43business do you have?
11:43>> My name is Melissa and we have a men's
11:46hair salon.
11:46>> So, do you have any advice for aspiring
11:48entrepreneurs?
11:48>> You have to recognize that there's a
11:50need and I think it really has to be
11:51something that you believe in because it
11:53takes a lot of time and energy. So, if
11:55it's just a kind of gimmicky idea, I
11:57think you're going to lose inspiration
11:59at some point. Can you take me through
12:01the first 3 to 6 months of your
12:03business?
12:04>> The beginning 3 to 6 months was really
12:06really about tweaking and really trying
12:08to not be married to some ideas if they
12:10just didn't work.
12:10>> How many employees do you have
12:12>> currently? I believe we're at 15.
12:13>> Do you have any tips for people that
12:15want to hire, make their first hire or,
12:16you know, build a team like that?
12:17>> Absolutely. Employees are the most
12:20important part of our business because
12:21if our people aren't happy, they're not
12:22going to take care of our clients. So,
12:24we're not going to be able to answer
12:25that need. Um, and then policies and
12:26procedures for everything because people
12:28can't really achieve something if you
12:30don't set a standard for it and they
12:31don't know that that's the expectation.
12:33>> So, what's your name and what type of
12:34business do you have? Uh, my name is
12:36Long. This Japanese restaurant. Do you
12:38have any advice for business owners?
12:40Just work hard.
12:43>> Where do you buy your food from? Most
12:45stuff from a Japanese company.
12:46>> Okay.
12:47>> Yeah. What is the hardest part about
12:49having a business?
12:50>> Customer.
12:51>> Customer need more customers. So, we
12:54have the best food. We had a bad
12:55service. We needed more customers.
12:57>> How do you guys market to new customers?
13:00>> Google, like Facebook, all the social
13:03media.
13:03>> What's your name, age, and where you
13:04from?
13:05>> My name is Ben. I'm 28. I'm from Santa
13:07Barbara.
13:07>> And what do you do for a living?
13:08>> I do social media marketing. So, I run
13:10an agency.
13:11>> How'd you get into that?
13:12>> I worked for a bunch of YouTubers at
13:13first, did a bunch of internships, kind
13:15of like dug my trenches, and then just
13:16started my own thing about 4 years
13:18later.
13:18>> So, how do you make money from your
13:19business? through selling people things,
13:21giving them a product that that they
13:23like and they are happy with and then
13:25they'll pay me for it.
13:26>> Do you have any advice for newer
13:27entrepreneurs? You
13:28>> just got to put your head down and
13:30you'll look up eventually and you'll be
13:31there. You know what I mean? You just
13:32got to put like put the work in and just
13:34keep on trying. You know, winners never
13:36quit and quitters never win.
13:37>> Did you go to college?
13:38>> I'm a college dropout.
13:39>> Why did you drop out of college?
13:40>> Cuz I was a film student and I didn't
13:42think that there was any need to. I
13:44dropped out and I got a job in film and
13:45then and then now I do marketing. So,
13:47I'm just I don't know. I just wasn't a
13:48big fan of college. What's the number
13:50one skill that all young people should
13:51learn?
13:52>> Persistence and desire for your goal. I
13:54manifest. So, I write in a journal every
13:56day what my goal is and what age I want
13:58to hit it at.
13:59>> How much you guys spend this weekend?
14:00>> 15K.
14:01>> If you could go back to your younger
14:02self, what would you tell yourself?
14:03>> Drop out of college sooner and just
14:05start your own business sooner.
14:06>> So, what's your name, age, and where are
14:07you from?
14:07>> I'm Ethan. I'm 30. I'm from Santa
14:09Barbara.
14:09>> And what do you do for a living?
14:10>> Technically, I still produce music for a
14:12living, but I also have a YouTube
14:13channel.
14:14>> What made you spend so much money on
14:15this safari camping experience? Well,
14:17it's not always about you having a lot
14:19of money. It's about knowing people who
14:21have a lot of money and leveraging them.
14:23But on my friend who did buy it, he does
14:25social media marketing.
14:26>> And how much did you guys pay for the
14:28thing?
14:28>> He paid 15 grand.
14:29>> How'd you get into music production? And
14:30do you have any advice for people that
14:31want to get into that?
14:32>> Stop making excuses and start making
14:34music. So like use the resources that
14:36you have to make the music that you can
14:37at this point in time. And go to my
14:39YouTube channel cuz I teach people from
14:40beginners to intermediate, advanced, the
14:42whole thing.
14:42>> What's your channel?
14:43>> It's called Complete Producer. Just look
14:45up Ethan Davis and you'll find it. So
14:46for people that want to get into music
14:48production, where do you actually start?
14:49>> The biggest thing is you need to learn
14:50how song structure like how to write a
14:52song and then learn the five basic
14:54elements of like production. So like
14:55bass, drums, mids, vocals, and effects.
14:58If you put those together, then you can
14:59produce music basically.
15:01>> Can you break down some of your income
15:02sources?
15:03>> Producing right now, I usually charge
15:05between 2 and 10 grand per song. And
15:07then my YouTube channel is bringing in
15:09anywhere from like 2500 to 5 grand a
15:11month through like core sales and stuff.
15:13And then also make money from royalties
15:15for different music projects that I
15:16have. I just got a payment for the last
15:18few months that was like seven or eight
15:20grand. So it's not a ton, but all those
15:22things spread out. It does add up.
15:24>> Who are you most excited to see?
15:25>> Remy Wolf. She's just so free.
15:27>> If you could go back 10 years, what
15:29would you tell your younger self?
15:30>> Stop worrying. Worrying is such a waste
15:31of time.
15:32>> Any final advice you want to leave the
15:33audience?
15:34>> You're valuable. Act like it.
15:35>> So what's your name, age, and where are
15:36you from?
15:36>> I'm Vince. Uh I'm 38. I'm from Hong
15:38Kong.
15:38>> So what do you do for a living?
15:39>> I sell construction materials. How much
15:41are you guys paying for this fire
15:43experience?
15:43>> 11 DA.
15:44>> Okay.
15:44>> Yeah.
15:45>> Do you have any advice for aspiring
15:46business owners?
15:47>> Just give it a few years. You know, like
15:49I think the first 3 years was rough. As
15:52things move on, you you probably have a
15:53sense whether this is going to work out
15:55or not, but like give it a few years.
15:56>> What do you like to splurge your money
15:57on?
15:58>> Essentially this, you know, I don't
15:59really spend money on cars. Maybe a
16:01little bit on food, but like mainly
16:03music and festivals.
16:04>> What needs to be changed in the world?
16:06>> People just need to be nicer in general.
16:08And I think you know people are just
16:09like becoming more extreme. You just got
16:11to understand everyone's got something
16:13difficult in their lives. So you know
16:15just try to take that into account.
16:17>> What is a skill that everyone should be
16:18learning how to do?
16:19>> Learn another language.
16:20>> Has that helped you with business?
16:22>> Yes. I guess it breaks the ice a little.
16:23I don't think I'm good enough to the
16:25point where I could negotiate with it.
16:26But you know like in terms of a
16:28networking and relationships that
16:30definitely helps. What's
16:31>> your name, age, and where you from?
16:32>> I'm Luke. I'm 42. I'm from Scottsdale,
16:35Arizona.
16:35>> And uh what do you do for a living? I do
16:38Modella.
16:39>> Okay.
16:39>> I drink tequila.
16:41>> All right.
16:41>> And then sometimes I'll do some real
16:42estate work on the side. We have a
16:44private equity firm.
16:45>> Okay.
16:46>> That does senior housing real estate. I
16:47have a construction company,
16:48architectural firm, management company,
16:50a development company, and then a
16:52marketing agency. So, we do it all all
16:54within real estate though.
16:56>> That sounds like a lot to juggle. How
16:57How do you do that?
16:58>> Without her, I can't handle any of it.
17:00So, it's because of her. She keeps me
17:02balanced. It's she's the reason for it
17:04all. Do you guys have any relationship
17:05advice?
17:06>> Oh, just have a good time and go with
17:07the flow.
17:08>> S Coro.
17:09>> Yeah. Drink tequila and be happy. Pretty
17:11much no drama.
17:12>> So, where are you guys staying at the
17:13safari campground?
17:14>> We're at the yurts right here. So, how
17:16is that?
17:16>> Well, let me let me explain it this way.
17:18The service is like no other. We landed
17:20and they came straight to the plane on
17:22the tarmac to pick us up. Drove us
17:24straight to the yurt here. It's just a
17:26fun place.
17:26>> What would you tell a new aspiring
17:28entrepreneur?
17:28>> You know, I think you have to do
17:29something that your heart's in. If your
17:31heart's not in it and it's not something
17:32you love, then it's going to feel like
17:34so much work. It's going to feel like a
17:36lot on your shoulders. If you do
17:37something that you just love, you're
17:38passionate about, and you chase after
17:40that, you're never working.
17:41>> What's the number one skill that people
17:43should learn today?
17:43>> You got to learn how to socialize.
17:45People will say, you know, you need to
17:47get certain education, certain skill
17:48set, which I think is partially true,
17:50but without being able to socialize and
17:53network and talk to people, it won't
17:54take you to the next level. M
17:56>> I'd rather take that ability to go
17:58network and socialize over anything
18:00else.
18:00>> Do you have any tips for networking for
18:02people?
18:02>> You just got to put yourself out there.
18:04You know, like everyone has certain
18:05fears that they need to overcome
18:07>> and you just got to go and do it.
18:08>> What trait do you have that you think
18:10help you become successful?
18:11>> Lack of fear of risk.
18:13>> Okay.
18:14>> You cannot like you got to risk it all
18:16if you're really going to be an
18:17entrepreneur cuz you got to believe in
18:19yourself. You have to have confidence in
18:20yourself. That's why when you risk
18:22everything, it doesn't feel like risk
18:23cuz there's so much belief in yourself
18:25and what you're about to do and what
18:27your dreams are and what you're about to
18:28accomplish. How you invest your money?
18:30>> Oh, I invested in myself and my
18:31businesses.
18:32>> Okay.
18:32>> You have to have faith and trust in
18:33yourself and I invest it all back in my
18:36businesses which means I'm investing
18:37back in my teams because for me it's all
18:40about people. The only reason I'm here
18:41is because of my team.
18:42>> So, what are your names? Uh, what's your
18:43age and where you guys from?
18:45>> I'm Christian.
18:46>> Samara.
18:46>> I will be 50 in a few months.
18:48>> What do you guys do for a living?
18:49>> We own a couple of meds. So, how'd you
18:51get into that?
18:51>> There's a lot of steps that need to go
18:53into place. It's a very complex business
18:54as you well know, right? There's you're
18:56putting needles in people's faces. So,
18:58it's not like you just go, "Hey, I'm
18:59going to open up a place and get a lease
19:01and do all that stuff." No,
19:02>> a lot of people do that though.
19:03>> A lot of people do that and
19:04unfortunately the work shows, but no,
19:06she had to go to school. She had to get
19:07a masters in nursing and then she had to
19:09study and train and study and train and
19:12train and train and then eventually she
19:14came to me and said, "Hey, I'm going to
19:16open up a business." She's like, "No,
19:17I'm going to do it. It's going to be
19:18great." and she did and started blowing
19:20up and then we opened up a second
19:22location just recently. So, but it's all
19:23her. She's the driving force between for
19:26the business and everything.
19:28>> Do you have any advice for aspiring
19:29business owners?
19:30>> If there's something that you're really
19:31passionate about, right? People use that
19:32word very loosely. If there's something
19:34that you could eat, sleep, like dream,
19:37breathe, fight with, and make up with
19:40and it's it's like a marriage, right?
19:41So, if it's something that you really
19:43want to do, you have to learn everything
19:45you can about it. You have to be it. You
19:47have to feel it. You have to dream it.
19:50Um, and then you really just need to go
19:52for it with the feeling that you can't
19:53fail. There's just no option.
19:55>> What was it like opening up your first
19:56location?
19:57>> I wasn't about to just blow a bunch of
19:58money on a location and do a huge build
20:00out. I had a methodic approach to it.
20:02So, I got my first place that was
20:04affordable and, you know, a good
20:06location.
20:07>> What's your name and where you from?
20:08>> Hey, Shell. And I'm from Denver.
20:10>> And what do you do for a living?
20:11>> Oh, we're real estate agents.
20:12>> Okay. A lot of our audience are like
20:13aspiring entrepreneurs. A lot of them
20:15want to get into real estate.
20:16>> What advice would you give them? I would
20:18say that a lot of people think it's easy
20:21and it's not easy. We work 247, you
20:24know, we're working now
20:26>> dealing with clients and stuff.
20:27>> Yeah. And which is fun, you know, know
20:28that it's not just a side gig. Yeah.
20:30>> It's it's a real thing.
20:32>> So, for a new agent, how do you get your
20:33first deals?
20:34>> Well, a lot of people, you know, have
20:37family and friends and a lot of people
20:39they know. We didn't really know
20:40anybody. We moved to a new town and we
20:43just worked hard and, you know,
20:44marketed, did a lot of marketing. Would
20:46you be willing to share like the most
20:48expensive home you've ever sold?
20:49>> Yeah, it's in the millions. I don't know
20:51how much. Our average price range is not
20:54super expensive.
20:55>> Okay. So, are you more like volume
20:56based?
20:57>> I mean, it kind of depends. We've had
20:58people that their first house that we
21:00sold was $200,000 and then we sold their
21:03$2.5 million house
21:05>> through the years.
21:06>> Wow. And are you in business with your
21:07husband?
21:08>> I am in business with my husband and my
21:10sister. Yes.
21:11>> So, what's your name, age, and what do
21:12you do for a living?
21:13>> My name is Blake Roachcha. I'm 26 years
21:15old and I do Airbnb investing for a
21:17living.
21:17>> How did you get into that?
21:18>> Started a couple businesses that did
21:19pretty well. Began investing in real
21:21estate. Didn't love the returns and then
21:23found Airbnbs and the returns were
21:25amazing and began building a pretty good
21:27sized portfolio.
21:28>> How often do you come to Nou?
21:29>> Once a month.
21:29>> What's your favorite thing to get here?
21:30>> The black cod miso.
21:32>> So for someone that's starting Airbnb,
21:34how will they fail? Like what mistakes
21:35are they going to make?
21:36>> Trying to compete with everybody else.
21:38You need to make yourself stand out. Be
21:40unique. Do something. Create something.
21:42create a unique experience for your
21:44guest and always have that in mind. If
21:45you if you look like everybody else,
21:47have the same pictures as everybody
21:48else, you're just going to get blended
21:49in with everybody else. So, number one
21:51thing, do professional photos. If you
21:53take iPhone photos, good luck. You're
21:54going to be in the trash like mom and
21:56pop.
21:56>> What was the first business you ever
21:57started?
21:58>> First business I ever started was
21:59Roach's Lawn Care. You grow it, we mow
22:00it. That was in elementary school. Wow.
22:02>> Yeah. Yeah. I used Microsoft Paint to
22:04make my business cards. I remember.
22:05>> What personality trait do you have that
22:07makes you successful?
22:08>> I think I was born with this, man. It's
22:09all I've ever thought about was being a
22:10business owner. I absolutely wake up
22:12every single day loving the challenges
22:14and I think that there's always a new
22:16level to achieve and and as long as you
22:17don't get complacent and keep looking to
22:19that next level, I think that you'll be
22:20successful.
22:20>> Would you be willing to share the most
22:22amount of money you've made in one
22:24month?
22:24>> $1.7 million.
22:25>> And what do you do with all the money
22:27you make? Cuz that's that's a lot.
22:28>> Put it back into real estate. I I think
22:30that month I did buy a car because all
22:32of a sudden taxes became an issue. So I
22:33bought a a used section 179 to offset my
22:37Rolls-Royce colon. Honestly, I don't
22:38spend that much money. I live a pretty
22:40relatively frugal lifestyle. One or two
22:42watches, a nice car, and everything else
22:43goes back into real estate because the
22:45party ends one day and you want to fall
22:46back on having some passive income from
22:48your real estate and from your assets so
22:50that you can live a healthy life.
22:51>> Can I ask how many Airbnbs do you have?
22:53>> Currently right now, I own 10, but
22:54they're all luxury. So, it's last month,
22:56I think that I think it was our biggest
22:58month that we ever had. I was just
22:59looking at the numbers. We did $32,21
23:02in revenue across those 10 properties.
23:04So, it was a really, really good month.
23:06>> If you had to frame a quote, what would
23:07it be? treat the janitor like the boss.
23:09Unfortunately, one of my my first
23:11mentors took his own life and he was
23:12super super wealthy back when I didn't
23:14have anything. And I just remembered how
23:15he treated people and I asked him, you
23:17know, to give me some advice and he
23:18said, "Treat the janitor like the boss."
23:20And which is, you know, just goes to
23:21show you treat everybody equally and be
23:23kind to people, be generous, um spread
23:26love, and you'll be you'll get a lot
23:27farther in life.
23:28>> Can you tell us about a time that you
23:29failed in business?
23:30>> When right before CO started, I was I
23:32was dead dead broke. I used every single
23:34dollar that I had to build a clothing
23:35company. You know, everybody starts a
23:37clothing company. I did, right?
23:38Everybody does. And I put every dollar I
23:40had into it. I lost about 14 or $15,000,
23:43which was my money that I've been taking
23:44out for loans for school and stuff. So,
23:46that was ugly. The great thing about it
23:48was I learned a lot about partnerships.
23:49I learned a lot about running
23:50advertisements. I learned a lot about uh
23:52the manufacturing side of things. And I
23:54just learned that every loss is a
23:55lesson, right? As I look back on it,
23:57it's more about the skills that I
23:58learned and less about losing the 10
23:59$15,000 in the grand scheme of being an
24:01entrepreneur.
24:02>> What's something that you would tell a
24:03beginning entrepreneur? Try everything
24:05because you don't know what you're going
24:07to love. You're not going to know what
24:08you're going to hate. I failed at ecom.
24:10I failed at creating clothes. I failed
24:12at online content creation originally.
24:14YouTube. I did sales jobs. I worked at a
24:16restaurant. You name it. I tried it. I
24:18failed. You got to do everything right.
24:19And then eventually you stumble into
24:21something. You say, you know what? I I
24:22didn't know exactly what I wanted to do,
24:23but I learned all these skills and this
24:25is my passion. And once you find that
24:27thing, go all in. Do not let up. I found
24:29what I wanted to do and I went all in.
24:30It was the best decision I made.
24:32Unfortunat, you know, for a second
24:33there, I was like not really eating. I
24:34wasn't really working out. I wasn't
24:35doing too much, but I was all in and
24:37focused for a couple years and it
24:38completely changed the trajectory of my
24:40life.
24:40>> What gives you happiness in life?
24:42>> I love giving back. Whether it be, you
24:44know, big tips, right? I worked as a
24:46server. A $1,000 tip, it may literally
24:48change somebody's day, their week, their
24:49month, right? So, just giving back, it's
24:51an awesome feeling. And I really do love
24:53the game. At the end of the day, what
24:54makes me happy is not the money because
24:56at some point you get to the top of the
24:57mountain and there's nothing there. But
24:59the game is what I love. winning, you
25:01know, and always finding that next level
25:02and pushing myself.
25:03>> Did you go to college?
25:04>> I did. Yes.
25:05>> And what did you study?
25:06>> International business.
25:06>> Okay. Was it worth it?
25:07>> Yeah, I would say it's worth it. Not for
25:09the degree, but for the relationships. I
25:10met my best friends there, and I don't
25:12regret it at all.
25:13>> What is your take on taking risks?
25:15>> It is without a doubt the best piece of
25:16advice. I retract my old advice. The
25:18best piece of advice advice that I can
25:20give you if you're young, especially in
25:21your early 20s, is to take risks because
25:23you know what it's like already to live,
25:25you know, poor, to eat top rum, and to
25:26live on the couches and do that. A lot
25:28of people have the opportunity too to go
25:30back to their parents. You know, you can
25:31move back in. I lived at my parents
25:33house, dead broke, taking as many risks
25:34as possible. I got laid off during COVID
25:36and then had to move back in. I ended up
25:38starting all my businesses there. I had
25:40already owned, you know, 25 properties
25:42and been making millions of dollars
25:43while I was still living there with my
25:45parents because I just wanted to keep
25:46taking more and more and more risks and
25:48not wasting time, wasting money, and
25:49wasting energy. So, yeah, best piece of
25:51advice is definitely take risks if
25:52you're young because it gets harder when
25:53you're older and you're married and you
25:55have kids.
25:55>> How will the next generation of wealth
25:57be made? It looks like AI seems to be
25:59the future, man.
25:59>> Any final advice for the audience?
26:01>> Don't focus on becoming a millionaire. I
26:03think that it's really easy to get
26:04trapped online with everybody saying,
26:05"Oh, become a millionaire. It's the best
26:07thing in the world. You you have to
26:08become a millionaire by the time you're
26:0930." Focus on replacing your salary so
26:11that you can start buying your time back
26:12because at the end of the day, the most
26:14valuable currency is time. That's what I
26:15truly believe. So, you know, the
26:16millions can come, maybe they do never
26:18come, but know what makes you happy. Buy
26:20that time back and I think that that's
26:22what success truly looks like.
26:23>> Love it. Thank you so much. What's your
26:24name, age, and what do you do for a
26:25living?
26:26>> My name is Alex. I'm a CEO of a NASDAQ
26:28company and we're building electric
26:29boats and I'm 48 years old.
26:31>> How'd you get into that?
26:32>> I used to be a boat racer and I was
26:34actually racing gas boats and along the
26:35years I've been changing my minds and I
26:37think uh going electric with boats makes
26:39some sense and we had opened a boat
26:41rental operation, electric boat rental
26:43operation in Newport Beach 5 years ago
26:45and we became actually very good
26:46customers of Nou.
26:47>> Do you have any advice for aspiring
26:49entrepreneurs?
26:49>> Don't listen to anyone. Don't listen to
26:51your friends, your family and just focus
26:52on your dreams and hard work and going
26:54to get Can you tell us about a failure
26:56that you've had in business?
26:57>> Actually, I had a bunch of failure and
26:58actually for myself, these are not
27:00failures. These are actually good
27:02lessons in life. The worst one I went to
27:04Dragons then and they refused my company
27:07and two years later I was able to list
27:08it on the NASDAQ because I've pushed and
27:10I've learned from that.
27:11>> Would you be willing to share the most
27:12you've ever made in one month?
27:14>> No, I can't say that. No. But um money
27:17that I make actually I'm re reinvesting
27:18it. So if I buy a car, I'm going to be
27:20reselling that car for more money. So I
27:22don't really really spend on money. So,
27:24what are your names, your age, and what
27:25do you guys do for a living?
27:26>> I'm Ron. I'm 61 and I have a theater
27:29business.
27:29>> My name is Elisa. I'm 56 and I am
27:32retired.
27:32>> And what was your business? Can I ask?
27:34>> Software.
27:35>> Do you guys have any advice for anyone
27:36that's in their 20s?
27:38>> Study.
27:38>> Yeah. Work hard. Work very hard.
27:40>> Did you guys go to college?
27:41>> Yes.
27:42>> Yeah.
27:42>> What did you guys study in college?
27:43>> Business.
27:44>> Business.
27:45>> Was it worth it?
27:46>> Absolutely.
27:46>> 100%.
27:47>> Absolutely. Yeah.
27:48>> What was the most important thing that
27:49you learned in college?
27:50>> To stick through it. Get it done.
27:52Finish.
27:53>> Yeah. to learn to how to learn basically
27:55because you keep learning all the way
27:56through your life. So
27:58>> for someone that wants to get into
27:59entrepreneurship, start their own
28:00business, how will they fail? Like what
28:02mistakes will they make?
28:03>> The reason why I think I was successful
28:05is because I picked the right people.
28:07And I think that the opposite is true.
28:09You could fail if you choose the wrong
28:12people to come along with you.
28:14>> So how do you find the right people
28:16then?
28:16>> Probably look for things that are
28:18similar to you in your values in
28:20business, right? perseverance.
28:23>> What's about you guys has allowed you to
28:25be really successful compared to other
28:27people?
28:27>> I think you just have to keep at it, you
28:29know, keep going and uh don't be afraid
28:31to fail actually
28:32>> working hard weekends, holidays while
28:35everybody is doing something fun, you
28:37know, it just takes a little bit of
28:38sacrifice.
28:40>> Would you guys be willing to share the
28:41most you've ever made in one month?
28:43>> No.
28:44>> I have an Airbnb that I'm making four
28:46grand this weekend. And what final
28:48advice would you tell the people
28:49watching this video who want to become
28:51wealthy?
28:51>> Invest everything you you have
28:53moneywise, timewise, but be prepared to
28:57lose it all and know that if you lose it
28:59all that you still okay that you can
29:00start again.
29:01>> That's scary. So like how do you do
29:03that?
29:03>> You just have to take the leap and again
29:05it's a calculated risk
29:06>> especially if you have the right
29:07support.
29:08>> Thank you guys so much. Yeah, appreciate
29:10you guys. So what are your names? Uh
29:11your age and what do you guys do for a
29:13living?
29:13>> I'm Fatty Casbar. I'm 32 and I run a
29:17Discord community revolving around stock
29:19trading, options, Amazon, business
29:21building and more with my partner Dan.
29:23>> So, how did you guys get started in
29:24entrepreneurship?
29:25>> I think it's all about how we were
29:26raised, the people we were around. We
29:28come from area that was pretty tough
29:29growing up and personally my parents
29:31wanted a lot for us. They pushed us
29:33towards uh schooling and having a stable
29:35job and a stable source of income, which
29:36was the original direction. But after
29:39becoming an adult, I knew I wanted a lot
29:40more and I never wanted to kind of have
29:42to sacrifice and struggle the way that
29:43that we did when we were growing up. So
29:45with entrepreneurship, the sky is the
29:47limit and you can just never have that
29:48if if you're not doing something for
29:50yourself.
29:50>> So can you guys tell me about some of
29:52the businesses you guys have started?
29:53>> One of the businesses that we first
29:55started was actually um together Alpha
29:57Sigs back in 2011 12.
29:59>> I think we're probably 20 21 years old
30:01at the time and we were just uh were
30:03going like vacuum salesmen. We were
30:05knocking on smoke shops and liquor
30:06stores and just trying to sell them this
30:08product and nobody knew what it was.
30:10Eventually, within a few months, we were
30:11selling maybe 3, 4, 500 units a day on
30:13eBay. We were in about 43 different
30:15arcros here in SoCal. After we did that,
30:16we started trading together in the stock
30:18market. The stock market was the first
30:19place that I ever made a million dollars
30:21in actual profit. I actually caught the
30:23GameStop trend uh in November. I took
30:2515,000 to $1.3 million in 6 months with
30:27GameStop and that was a wrap since then.
30:30>> What's your most controversial advice?
30:32>> Continue to invest in GameStop. what's
30:33going on with GameStop is not over and
30:36it's going to have another move that's
30:38much bigger than the initial one that we
30:39had in January 2021. So,
30:41>> this is not financial advice, by the
30:42way.
30:43>> Definitely not.
30:43>> Okay. So, do you guys have any advice
30:45for new entrepreneurs? What would you
30:46tell someone that's starting out?
30:47>> I think that you need to embrace change
30:49and sometimes you have to take the leap
30:51of faith. Um, the one thing I would say
30:52is that every major success I've ever
30:54had in my life has been a direct result
30:56of me taking a major leap of faith.
30:58>> And then I'm also really curious because
31:00you guys have been business partners for
31:01a while. How do you have a successful
31:03partnership?
31:04>> We have a fear and greed type of
31:07>> right. We are we're polar opposites too.
31:10But I mean real recognize real though.
31:11So you know the fear and greed index.
31:13He's fear and I'm greed as far as
31:15trading goes. So it works out of
31:17balances. He plays a lot more
31:18conservatively. I take much larger risk.
31:20So riskreward is different between the
31:21two of us. But it's just uh it's just
31:23one of those things.
31:23>> How do you guys surround yourself with
31:25other successful people?
31:26>> Making sure you go out and network. I
31:28think that's very crucial. Especially
31:29the place that we are at. We're in OC
31:31right now. Newport Beach. Just going out
31:33there and don't don't be shy. Talk to
31:34people like what you do and and
31:36conversate with people. I think that's
31:37the best.
31:38>> What are your guys' favorite books?
31:39>> Can't Hurt Me by David Gogggins. That
31:41book has changed my life. If you could
31:43go out and find struggle in good ways,
31:45whether it's through business, whether
31:46it's through fitness, whatever the case
31:48is, finding that and embracing the
31:50struggle.
31:50>> So, to be able to afford eating at Nou,
31:53how much money should you make?
31:54>> Whatever you purchase, you should have
31:56that cash to purchase in the stock
31:58market, too. If you're going out to Nou
32:00and you're spending $500 on a dinner,
32:02you should automatically have $500 to
32:04spend um investing into yourself or
32:07investing into the stock market.
32:08>> Cool. Well, thank you guys so much. So,
32:10uh what are your names? Uh your age, and
32:11what do you guys do for a living?
32:12>> My name is Ricky, 32 years old.
32:14>> I'm April and I'm 44.
32:15>> We uh run a construction company.
32:17>> How did you guys get into that?
32:18>> I got into real estate and uh we sold
32:20our house. Opportunity showed up to like
32:23invest in a company. So, we bought into
32:24the company and it's just been solid
32:26from there. Yeah. What advice do you
32:28guys have for aspiring entrepreneurs?
32:29>> Be consistent. Just put your head down,
32:31go to work,
32:32>> wake up early, grind.
32:33>> How early do you wake up?
32:34>> 4:00 or 5 in the morning. Cuz all the
32:35the important work, I would think it's
32:38from 4 to 9 a.m.
32:39>> How much you guys just spend at NO?
32:41>> So it's about 600 plus with before tax.
32:43>> Is it worth it?
32:44>> Our mentality is, you know what, we're
32:45not going to try to cut or save money.
32:48We just got to make not even work hard,
32:50play hard. It's more like if I want to
32:52do this, I need to make more money.
32:54Plain and simple. Would you be willing
32:55to share the most you've ever made in
32:57one month?
32:57>> Sadly, it's only been like 56K.
32:59>> So, what are like the profit margins for
33:02a business like that?
33:02>> It depends. If you're family, it's like
33:0460%, if if you're just a stranger, it's
33:06like 10. I'm just kidding. Profit
33:08margins are in like the 20 to 30%. Also
33:11depends on like the size of the job. If
33:13it's like a brand new home, then I'll be
33:14okay with like 5%. 5% on a million
33:17dollars is 50K, you know, which is okay
33:20to for me. How do you build a good team?
33:21>> We give back.
33:22>> We're givers. I'm sure we're givers.
33:24Definitely givers.
33:24>> I'm also a big follower of uh Alex
33:26Armosi. Shout out. But yeah, he says
33:28like be a giver. Be a giver. Give give.
33:31And uh eventually it'll just come back
33:33to you.
33:33>> What's been the best business decision
33:34you've ever made?
33:35>> Making the decision to never work for
33:37another person again. Cuz I went to
33:39school to be a chemist. I went got a job
33:41in chemistry, worked at a lab. Even at
33:4310 years, I'd be making what I make
33:46already now. Why wait 10 years? Any
33:48final advice you want to leave the
33:49audience?
33:49>> Be different. You need to be different.
33:51Like you need to wake up early. You need
33:53to grind. You need to not waste your
33:56time like partying. You're young, put
33:58it. And then when you're older, enjoy
34:00it.
34:00>> All I got to do is wake up, do business,
34:02and go to sleep. I don't need to do
34:04anything else. I don't need to party. I
34:06don't need to do whatever. Like, I just
34:08need to wake up every day, go do
34:09business, grind, and go to sleep.
34:11>> Love it. One last thing. Number one tip
34:13for being in a successful marriage,
34:14>> communication. Like, being on the same
34:17page of the goals that we want. We both
34:19want to be successful. Like we need to
34:21both have the same goals and the same
34:23focus.
34:24>> What's your name and what do you do for
34:25a living?
34:25>> Paige, a hair stylist and I own a salon.
34:28>> What's it called?
34:29>> Joe Mayer.
34:29>> How do you guys start your business?
34:31Like how did you get into that?
34:32>> We started as hair stylist at a
34:33different salon and then opened our own.
34:35>> How do you guys market your business?
34:36>> We kind of don't. We have an Instagram
34:38but we don't really post.
34:39>> So it's mostly word of mouth.
34:41>> 100%.
34:42>> And how can people build up their skills
34:44to one day open up their own salon? Just
34:46listen to your customers and try your
34:48best to help them and be there for them.
34:51>> What advice would you have to aspiring
34:53entrepreneurs?
34:53>> Find mentors that can help you get to
34:56where you want to be. Be passionate
34:58about what you do cuz if you're not,
35:00then what are you doing?
35:00>> Cool. Well, thank you so much. So,
35:02what's your name, age, and what do you
35:03do for a living?
35:04>> My name is Lita Bonitz. I am 35. I know
35:07it's very hard to believe, but I'm a
35:09financial broker.
35:10>> How did you get into that?
35:10>> I was a bartender. My husband was a
35:12pharmacy technician at the time and we
35:14decided, well, why not get some
35:15financial licenses and see where it
35:18takes us? And four years later, we
35:19started making six figures a year.
35:21>> Would you be willing to share how much
35:22you make?
35:23>> Yeah. So, on average, we make about 12
35:25to 15,000 a month.
35:27>> Can you share with us one of your most
35:29important financial tips?
35:30>> Before you pay Uncle Sam, before you pay
35:33your mortgage, before you pay your auto
35:35insurance, your uh electric bill, put
35:38money aside for yourself first. People
35:40that are wealthy, they pay themselves
35:42before they pay anybody else.
35:44>> What's something that you wish you knew
35:45earlier?
35:46>> Tough times don't last. Tough people do.
35:48So, if you can outlast your situation
35:50and kind of fight through it, I think
35:52you'll be way better off in life.
35:54>> If you were to start from scratch right
35:55now, what's the number one skill you
35:57would learn?
35:57>> Networking. So, who you know and your
35:59ability to go talk to people and make
36:01new friends and not be afraid to
36:03approach people that are more successful
36:05than you?
36:05>> Any final advice you want to leave the
36:07audience? Don't make permanent decisions
36:09off of temporary situations.
36:11>> Can you introduce yourself, your age,
36:12and what you do?
36:13>> So, I am uh David Lee. I'm born in Hong
36:15Kong. I'm Chinese. I am 55, and I am the
36:18chairman and CEO of Hingwali Group. A
36:21lot of people know us for our Hingwali
36:23jeweler stores, which sells watches and
36:25jewelry. I've come up with three kind of
36:27ethics that we hold dearly, and I think
36:29it's a part of the success. And this is
36:30the three. Number one is to work hard.
36:33Number two is to work hard with
36:34perseverance. Number three is to work
36:36hard with integrity. And I think that's
36:38something you can control. That's what
36:40you can control. You can choose to do.
36:42And then when the right timing is comes
36:44when the right opportunity comes, when
36:45all that is lined up and you take that
36:47on, that's when I believe you breeds
36:49success.
36:50>> What is a problem right now that you'd
36:52pay a lot of money to solve?
36:53>> Well, I try not to pay a lot of money to
36:55solve a problem. A lot of times if it's
36:57legal and it's not that your fault,
36:58somebody, you know, they bring up
37:00problem, they try to bring legal
37:01problems to you or there's a conflict, a
37:03dispute. And if it's a money situation
37:05that can solve it or being more generous
37:07just giving in not being so tight to say
37:09I got to have what I got to have or I
37:10cannot budge it's a waste of time
37:12because if you can just allow for it or
37:14it costs money or however whatever you
37:16want to translate that to you free
37:17yourself of this negativity that's in
37:19your mind and you can start to put
37:20yourself in positivity in creative
37:23things where you can make money and it's
37:24not occupied by the negativity that
37:26doesn't do anything for you. So a lot of
37:28people watching this video are going to
37:29be young. That's probably their end
37:31goal. What would you tell them? how can
37:32they get started? Whatever industry that
37:34you're interested in, you should go and
37:36work for one of the best companies in
37:37that industry, work in there. Understand
37:39the industry, get yourself promoted, get
37:41people around you that know that you're
37:43capable and you take that on. People
37:44don't want to waste their time and never
37:46be involved and they don't really know
37:47and they're just guessing.
37:48>> Can you tell us about a time when you
37:49took a risk and it paid off?
37:51>> I've taken many risks and it's paid off,
37:52but it's all calculated risk. So, you
37:54estimate if on the good side what would
37:56happen. A lot of people estimate the
37:57good side. That's the problem. They
37:58don't estimate what happens if at the
38:00worst case scenario. After you assess
38:02those situation, you decide to see if
38:04that's a risk you want to take. So
38:06sometimes you make it, you win,
38:07sometimes you don't. They have to know
38:08that you're able to do it yourself and
38:10that you do do it yourself and you show
38:12by example and you do it by training and
38:14it's not hypocritical that oh you don't
38:16do it but then they have to do that. It
38:18all stems from the leadership on top how
38:20you lead. What is your morning routine?
38:22>> I don't get up early. I wish I got up
38:23really early like a lot of people they
38:24do. they get a lot of stuff done. But I
38:26get up and I do my devotions and I have
38:29my quiet time and then I assess my
38:32calendar. I look through my emails. I
38:34look through all my, you know, now
38:35social media and all the different stuff
38:37to see what the things I need to answer
38:39and to kind of get my game plan for the
38:40day to pick out what are the important
38:42tasks that I need to work on for that
38:44day and then focus on that because you
38:46know I just take one day at a time. I
38:47got to make sure all the tasks I do I do
38:49it the best.
38:50>> So what's your name, age, and what do
38:51you do for a living?
38:52>> My name is Mel Stein. and I'm 68 years
38:54old and I'm kind of an entrepreneurial
38:56guy.
38:57>> Can you tell us like how you got started
38:58in entrepreneurship?
38:59>> Well, I realized that I wasn't capable
39:01of working for anybody because when I
39:03worked places, I never really felt like
39:05I kind of fit in. And also what
39:07motivated me was you don't make enough
39:09money working for people. If you work
39:11for somebody, you have a job which means
39:13just over broke. But if you are an
39:15entrepreneur, you have like unlimited
39:17ability to make money. And so that was a
39:19motivator.
39:20>> So what's your name, age, and what do
39:21you do? My name is Gerardo, 34 Airbnb.
39:24>> How many properties do you have?
39:25>> I have 50 Airbnbs.
39:26>> How did you get to that point?
39:27>> I use a unique system where I do
39:29arbitrage and burr. So, I own half of
39:32the Airbnbs and the other half I do
39:34arbitrage, but it's pretty unique where
39:35I'm partnering with the developers that
39:37are building these. We partner on the
39:39deal where we both put in money to
39:41furnish and then we both uh split
39:42profit.
39:43>> Can I ask how much revenue did you guys
39:44do last year?
39:45>> About 4 million.
39:46>> And where are most of your properties
39:47located?
39:48>> All of them are in LA.
39:49>> LA is really expensive. How do you do
39:50that?
39:51>> Partnerships, you know, I use the
39:52strategies of the bur strategy, which is
39:54you buy, you rehab, you rent, and you
39:57refinance. Except the rent portion of
39:59it, I do Airbnb to increase the cash
40:01flows. So, with those increased cash
40:02flows, I buy more properties, and then
40:05when the increased cash flows from those
40:06properties, I take those and I um invest
40:08them into arbitrage deals.
40:10>> Is there a specific type of property
40:11that you recommend for beginners?
40:13>> For beginners, I recommend the arbitrage
40:14method if you're looking for quick cash
40:16flow. If you already have some enough
40:18money to invest into real estate, then I
40:19recommend doing a single family homes
40:22that have the homes all the way to the
40:24front of the property to the setback
40:25where you can put an ADU in the rear.
40:27And by doing that, you'll be able to
40:28have two incomes for that property.
40:30>> What's your craziest Airbnb tenant
40:31story?
40:32>> I rented out my home. It was my personal
40:34home and it was one of my first Airbnbs.
40:36Somebody rented it from me and then
40:37threw a massive like 65 person party. I
40:40went, the neighbors called me. They told
40:41me, "Hey, somebody's having a party." I
40:43didn't believe them. So, I showed up to
40:44the property. I opened my door and
40:45somebody said, "Hey sir, it's going to
40:47be $5 to get in." It's like, "$5 to get
40:49in? Are you crazy? This is my house,
40:50bro. Let me get in my house." And I
40:52walked into the house. There was a DJ by
40:53my fireplace. All of the furniture was
40:56thrown in the backyard. It was insane.
40:57But then I noticed that they were all
40:58like 16-year-olds. So, what I ended up
41:00doing was just get I stood up on a chair
41:02and I was like, "Hey guys, I'm going to
41:03call the cops if you guys don't get
41:04out." So, everyone leaves my house. So,
41:05it took like an hour for like the soccer
41:07moms to pull up and like start picking
41:08up all their kids.
41:09>> So, what's your name, age, and what do
41:10you do? My name is Forbes Riley and I am
41:12a celebrity television host who teaches
41:15people how to pitch. Started things like
41:16the XG Games for ESPN and I'm an actress
41:19and a real estate owner and investor
41:20into a lot of things. I own a television
41:22studio. I own shopping malls. I own a
41:24lot of stuff.
41:25>> Do you have any advice for young people
41:26that want to chase their passions, but
41:28they don't know how to do it.
41:29>> If you're young, stop saying you're
41:30young. Seriously, it's not a barrier.
41:32There's no, "Oh, I get to be 35 and now
41:34I can make it." No. Young is the
41:35currency right now. And here's my next
41:37thing. If you are young, enjoy being
41:39young. For the introverts that are
41:40watching this video that want to get
41:42into show business or want to do
41:43something similar to you, do you have
41:45any advice for them?
41:46>> Um, what do you think? I am introvert,
41:48extrovert.
41:49>> I would guess extrovert, but I don't
41:51know.
41:52>> 100% wrong.
41:52>> I am. And that's another thing. You
41:54label yourself. You are your label. Get
41:56comfortable and stop calling yourself a
41:57freaking introvert.
41:58>> I will say if any parents or kids
42:00listening out there, if you're a kid,
42:02show this to your parent. If you're a
42:04parent, open your ears. I couldn't stand
42:06my mother because she wouldn't listen to
42:07me. I told her to invest in Bitcoin. I
42:10told her about crypto. I told her about
42:12funnels and books and marketing and all
42:14these things that I was seeing and she
42:16wouldn't listen to me until one day she
42:18finally during co said, "You know what?
42:20Let's do this. I have nothing else going
42:22on. I believe in you. I believe in us."
42:24And we built it. And that's I think what
42:26it really just took was believing that
42:28age is not real. I mean, it is real.
42:30Saying that is relative, but the number
42:32of it does not have anything to do with
42:34your expertise or how valuable your
42:36knowledge is.
42:37>> What's your name, age, and what you do?
42:39>> My name is JJ Aizian. Well, I'm a real
42:42estate investor. I' I've been an owner
42:43of commercial real estate for 30 years.
42:45I've got three shopping centers about 20
42:4725 doors, three houses, property in
42:50Cleveland, a condominium at the beach
42:51here in Southern California.
42:53>> What are a lot of real estate investors
42:54not doing today that they should be
42:56doing?
42:56>> They're not marketing themselves. Well,
42:57I think the best way to market yourself,
42:58it's about building relationships,
43:00leveraging social media, leveraging
43:02Facebook, Instagram.
43:03>> Do you think mentorship is crucial to
43:05succeed today?
43:06>> Yes. The success of anybody in any
43:08industry is going to be predicated upon
43:10the people you surround yourself with.
43:12You surround yourself with people that
43:13are successful and of the same mindset
43:15and focus for success, you will be
43:17successful.
43:18>> Any final advice you want to leave for
43:20beginner investors?
43:21>> Get in an education program. Join my
43:23networking group where I teach people
43:24how to use and leverage social media to
43:26build their presence so that others are
43:28aware of who they are so they can get
43:29assistance from the community.
43:31>> So, what's your name, age, and what do
43:32you do?
43:33>> Corge Contas, 35 years young, and I'm a
43:35real estate investor who focuses on
43:37short-term rentals and I also own a
43:38coaching company.
43:39>> Walk us through your first property,
43:40like how you got that and where you got
43:42the funding for it.
43:42>> So, my very first property I purchased
43:44on closed on May 23rd, 2012. It was a
43:47single family home in Bo Heights, Los
43:49Angeles, California. Bought it using an
43:51FHA loan. So, I only need needed three
43:53and a half% down. Purchase price was
43:55240. So, my down payment was only 8,200
43:58and didn't need that much. The seller
44:00paid for all the closing costs because
44:01it was a bad time to buy. So, that's how
44:03I got that one. I lived in the master,
44:05rented all the other rooms, and lived
44:06for free.
44:07>> How do you make money from Airbnbs? It's
44:08by utilizing a strategy called Airbnb
44:10arbitrage. So, this requires no down
44:12payments, no closing costs. You rent the
44:14property, get permission from the owner
44:16to then launch it as a short-term
44:17rental, and the difference from what you
44:19pay and what you make is essentially
44:20your profit. and how can someone get
44:22started with that?
44:23>> So, there's really three things you want
44:24to do. You want to first look at the
44:25regulation in that city to make sure you
44:27can get a permit. Number two, look up
44:29the numbers on AirDNA to determine if it
44:31could has a potential to be profitable.
44:33And three, get permission in writing
44:34from the owner.
44:35>> How much does it typically cost to
44:36furnish an Airbnb?
44:37>> So, if you're starting with a onebedroom
44:38or a studio, probably about 6K and then
44:41call it 2K for the first month, 2K for
44:42the deposit. If it's a single family
44:44home, you're probably looking at 10 to
44:4515 grand between furniture, appliances.
44:48>> What's the biggest real estate deal
44:49you've done? I would say the six-unit
44:50deal that we're doing right now, it
44:52should have about 1.2 in profit by the
44:54time it's done. Dude,
44:55>> any final advice for aspiring real
44:56estate investors?
44:57>> I would say two things. Do what you can
44:59with what you have where you are and
45:01focus on progress, not perfection.
45:02>> So, what's your name, age, and what you
45:03do?
45:04>> My name is Rob Abbisolo. I'm 33. I'm a
45:06real estate investor/ YouTuber/Podcast
45:09host and everything in between. How many
45:10properties do you have?
45:11>> I have about 35 properties at the
45:13moment.
45:13>> How does one do that? You start small
45:15and you scale accordingly. And when
45:17you're less scared to buy another
45:18property, you buy the property and you
45:20just keep doing that until you're less
45:21scared and then all of a sudden you get
45:22really brave and you just keep making
45:23offers.
45:24>> How do you finance your properties?
45:25>> A couple ways. Half the time I'm putting
45:27my own money into it and I'm doing a
45:29just a loan putting 20% down. But
45:31actually, the way I scaled up my
45:32portfolio mainly was other people's
45:34money, OPM. So, I would basically work
45:36with an investor who would fund the
45:38property, who would actually finance the
45:40property, and then we would do all the
45:41work, all the management, all everything
45:43that all the operations that go along
45:44with short-term rentals, and then we
45:46just send them their check every single
45:47month.
45:47>> Do you have any advice for beginner
45:48investors who are looking to get their
45:50first property?
45:50>> Punch a hole in the wall. To push myself
45:52to ever actually get started on that
45:54project, let's say I was working on a
45:55wall, I would get a hammer and I would
45:56just hit a hole in the wall to force me
45:58to actually finish it. And so, by doing
46:00that, it kind of forced me to just go
46:02all in and figure it out as I went. And
46:04so that's exactly how it is with real
46:05estate too. There are so many people
46:07that do all the research. They listen to
46:09all the podcasts. They watch all the raw
46:11built YouTube videos. They read all the
46:13books, all the articles, and never
46:15actually do anything because they've
46:16researched so much that they've
46:17paralyzed themselves with analysis,
46:19right? So a lot of the times the best
46:21thing you can do if you want to get
46:22started out in the world of real estate
46:24is just to punch a hole in the wall.
46:26>> Any final advice for aspiring real
46:27estate investors?
46:28>> Either do it or don't. Stop thinking
46:29about it.
46:30>> Thank you so much. So what's your name,
46:31age, and what you do? Brian Caneda, 33
46:33years old, serial entrepreneur.
46:35>> How many properties do you have?
46:36>> We have over 550 rental units.
46:38>> Would you be willing to share how much
46:39money you made last year?
46:40>> I mean, revenue-wise, it was over $20
46:42million across all the businesses. If I
46:44had to guess what I took home is
46:46probably 6 mil plus.
46:48>> Do you have advice for aspiring
46:49entrepreneurs?
46:50>> My main thing is I teach a principle
46:52called make, manage, multiply. And it
46:54really is this simple, right? Most
46:55entrepreneurs when they're starting out,
46:56they want to do all these different
46:58things. They're like, I want five
46:59streams of income. I'm gonna try Turo,
47:01Airbnb, flipping. It's like, no, dude.
47:03Start out figuring out one thing. Do one
47:05thing that makes you 250 grand. That's
47:07like the first thing we teach. Once you
47:09do one skill that makes 250, you go to
47:10the next stage, which is manage. And so,
47:12in manage, you got to learn to build a
47:14team around your skill. So, how do I
47:15build out SOPs and org chart? How do I
47:18hire people and manage them and
47:20everything else? That's what happens in
47:21the manage stage. And once you can build
47:22that to a sevenfigure business, you then
47:24get into the multiply stage because you
47:26have a business that's making money.
47:27you're not involved in every little
47:29thing of it. And now you can start
47:31multiplying money by buying more real
47:32estate, doubling down on your business,
47:34starting a new business vertical. That's
47:36the time to do all those things. So most
47:38entrepreneurs, they start like they're
47:40in stage three. They're like, I got to
47:42get a rental. I got to have three
47:43streams of income. They're just, I got
47:44to delegate and hire people. It's like,
47:46no, you don't have any skills yet.
47:47You're not ready for all that.
47:48>> What's your name, age, and what do you
47:50do for a living?
47:50>> So my name's Jules, 38. Me and my wife
47:53have a winning and events business in
47:55Bali.
47:55>> How did you enter that? Me and my wife
47:57got married in Bali, loved it, and then
47:59my wife worked in events and we thought,
48:01you know what, we could do that as well.
48:03And, you know, moved to Bali at the same
48:04time. So, you know, let's give it a try.
48:07>> And where are you guys originally from?
48:08>> Uh, from Melbourne, Australia.
48:10>> How has it been working remotely, like
48:12having a business here?
48:13>> It's great. Uh, it has its challenges. I
48:16think running a western business in sort
48:18of a third world country where things
48:20are a little bit sort of less developed
48:22and slower paced is challenging. But
48:24look, you know, you live in Bali, so you
48:26just got to take the good with the bad
48:27and be grateful.
48:28>> What are some of those challenges that
48:30come with doing business here?
48:31>> We're used to being a little bit more
48:32fast-paced and educated and more
48:35technology and things like that. So, I
48:37think it's just it's a foreign country,
48:39you know.
48:39>> What are the best and worst parts about
48:40living here in Bali?
48:42>> I'd say the best parts of the weather,
48:43the people, the worst part, banking,
48:46traffic, now traffic's getting bad, but
48:48otherwise, you know, not too many
48:50complaints. Do you have any advice for
48:51people that want to live the digital
48:53nomad life?
48:54>> Just do it. Just go in there and do it.
48:56Um, do your research, you know, just
48:58make sure you get set up right. Have
49:00enough money to sort of get started and
49:01then just do it.
49:02>> I'm Philip PF. Uh, I'm 30 and I have a
49:05SAS product.
49:06>> How did you get into that?
49:06>> Uh, I studied computer science and
49:08design back in Paris in Silicon Valley.
49:10And so at the end of my school, I wanted
49:12to go into entrepreneurship and sounds
49:14like building a software was the right
49:15thing to do.
49:16>> What does your software do?
49:17>> We help any Shopify owner get accurate
49:19data. How's been living in Bali?
49:21>> Amazing. Bali is very efficient. Saved
49:23me a lot of time.
49:24>> So, what does your daily schedule look
49:25like?
49:26>> I would say uh ice bath 6, seven, gym,
49:28then get into scheduling the day, work,
49:31and then cut the fast, come here for
49:33coffee and then go back.
49:35>> And how long have you lived here for?
49:36>> 2 years now.
49:37>> What's your favorite part about living
49:38here?
49:39>> How easy is it to balance everything?
49:41So, I could go for 12 hour of work for
49:44one or two weeks and then just for like
49:46in a sunset, then I have enough to go
49:48back. I don't feel like I need vacation.
49:50I don't feel like I need to escape from
49:52anything and I really enjoy that in
49:54Bali.
49:54>> How much do you pay for rent
49:55>> in USD? It's close to 2,000.
49:58>> 2,000. Do you have any advice for
49:59aspiring entrepreneurs that want to
50:01start their own business just like
50:02you've done?
50:02>> I think when you start, it's not
50:04business, is personal development. And I
50:06think the most important unit is time.
50:08And you want to put yourself in a
50:09finance position where you have as much
50:11time as possible. From there, follow
50:13people that really do the work and not
50:15the academics.
50:16>> Okay. So does being in Bali help you
50:17with your business?
50:18>> Definitely for the type of business I
50:20do, it needs a lot of focus, right?
50:22Because it's engineering design, so
50:23you're solving really hard problem. So
50:25your head is loaded all the time. So
50:27being able to just like easily empty my
50:29head and then go back again. Bali has
50:31been very helpful and being able to
50:34train every day and do yoga keep me
50:35really balanced.
50:36>> What's your name, age, and what do you
50:37do for a living?
50:38>> Uh Adam Saxs. And what I've been doing
50:40for about 20 years is fashion design. a
50:43special type of design where I take
50:45bodysuit, t-shirt or leggings or a
50:47dress, put it on a girl and take a pair
50:48of scissors and cut live on the body as
50:51a performance.
50:51>> And how did you get into
50:52entrepreneurship?
50:53>> Raving in the '9s. Just kind of turned
50:56you on the art part of me. You know, I
50:58got into clothes just from dressing up
51:00and going to the underground parties. I
51:02was like 19, 20, 21 underground for 2
51:05years, you know, barely saw sunlight.
51:06>> And you're telling me downstairs you've
51:08worked with other brands or you've owned
51:10other brands too, right? Yeah, I was a
51:12partner share in the flagship store in
51:13Von Dutch in Melrose that I'm sure you
51:15know of and the trucker hat and then I
51:17came to Bali years and years later and
51:19now I'm doing um Adam Sax religion.
51:21>> Do you find that there are a lot of
51:22entrepreneurs in Bali living here?
51:24>> I think that's all there is really on
51:26some level of or other. You got the
51:27highle like crypto guys and then real
51:29estate guys and then the self-help guys
51:31and then the teaching people how to
51:32teach people how to teach people guys.
51:34>> How long have you been living here?
51:35>> Three and a half years.
51:36>> Do you plan to stay for a long time?
51:38>> Yeah, of course. Like the answer to that
51:40is never want to leave.
51:41>> I'm curious. Did you go to college?
51:42>> I did not.
51:43>> Do you think a school and college is
51:45required to have a good life?
51:47>> I don't think anything's really
51:48necessary to do what you want. If you
51:49just tap into it properly, then you can
51:51be the teacher very quickly.
51:52>> You seem to have done a lot of things.
51:54>> How do you take such fast action
51:56consistently for so long?
51:58>> When I have an idea, I want I want it
51:59done and I know the steps to do it. So,
52:01I just go through the motions. So, I'm
52:02just like boom. And so, the destination
52:04isn't the surprise. I already see myself
52:06at the destination. So when I get there,
52:08I'm like bored. But the journey is the
52:11the challenge and that's the satisfying
52:13part is how I got there.
52:15>> What's your name, age, and what do you
52:16do for a living?
52:17>> My name is Ethan. I'm 21 and I do Only
52:20Fans growth.
52:21>> How'd you get into that?
52:21>> Before this, we were in the e-commerce
52:23space doing a lot of digital marketing
52:25and one day had an idea, saw a gap in
52:28the market for marketing, thought we
52:29could market models the same way. Caught
52:31up a few friends, ran the idea by them
52:33and then got started.
52:34>> Do you have advice for someone that
52:35wants to do something similar?
52:36Absolutely. Number one, everything's
52:38online. Find something that's online,
52:40test the concept, and then take action.
52:43Most people are scared to take that
52:44first move. But that's what it's all
52:46about. Once you start building that
52:47momentum, maintain that momentum. My
52:49favorite quote, success loves speed. You
52:52know, when you work on the internet,
52:53when you work online, you can make money
52:55from wherever you are. In this day and
52:57age, it's a global economy. Money is
53:00able to be made anywhere, and being
53:02online is the best way to do so.
53:03>> So, what has been the best part about
53:04living here? The people, the night life,
53:07the restaurants, the weather. I'm from
53:09Melbourne. Right now, we're in winter,
53:11so escaping that's been a great part.
53:13But man, the number one thing has been
53:14the people.
53:15>> And where do you meet other people that
53:16are cool while living abroad?
53:18>> Number one place, Body Factory. Best
53:20people here that are fit, that love
53:22working out, like-minded people. This
53:24has been the best place so far.
53:25>> What does your day-to-day life look
53:27like?
53:27>> Day to day, wake up, work, eat, gym,
53:30work, and then at night time bit of
53:32partying, but hopefully not too much. So
53:34would you say it's an exciting
53:36lifestyle?
53:36>> Absolutely. I mean in Bali you can come
53:38here and relax, focus on mindset,
53:41developing yourself or you can go to the
53:43extreme.
53:44>> What's the biggest culture shock you've
53:45experienced here in Bali, Indonesia?
53:47>> Getting around. Bikes, no helmets, go
53:50jacks, and yeah, it's crazy roads here.
53:52That's been the number one.
53:53>> What's your best travel hack?
53:54>> Finding the right people. If you can
53:56find the right people, no matter where
53:57you are, making that connection. for
53:59example, were you connected with someone
54:01that we could rent desks, monitors, and
54:03had an office set up here the day we
54:04arrived in our villa.
54:06>> What's your name, age, and what do you
54:07do for a living?
54:08>> My name is Ola. I'm 31 years old, and
54:10I'm a jewelry designer.
54:11>> How did you get into that?
54:12>> So, I started first with fashion, and
54:14then later I wanted to change my target.
54:16So, I wanted to do something for
54:18everyone. And this is how I changed my
54:20business from fashion to jewelry.
54:22>> And where are you originally from?
54:23>> I'm Iraqi. Grew up in Austria and just
54:25moved to Bali like recently. and I was
54:27living in Dubai for 7 years.
54:29>> How do you like Bali?
54:30>> I love Bali. Like I'm only 4 months
54:32here, but I started already into a real
54:35estate here.
54:35>> So I feel real estate in Bali is
54:38booming. There is so many opportunities.
54:40You can always like find ways to make
54:42money here. It's abundant.
54:44>> Can you tell us more about your
54:45business?
54:46>> So my business is about uh gemstones,
54:48healing gemstones. So very spiritual. So
54:50each stone has its own healing benefit
54:53and you can choose like what healing you
54:55need. So if you need mood boost or
54:57abundance.
54:58>> That's super cool. How long have you
55:00been running this business?
55:01>> So 2 years now. I have now three
55:03locations in Dubai in a concept store.
55:05And I opened two concept stores in Bali.
55:08>> What advice do you have for aspiring
55:09entrepreneurs?
55:10>> I suggest everyone to find what they
55:12really like, what's effortless and where
55:15they really have fun doing it and just
55:17believe in yourself and go for it.
55:18>> What do you think is a skill that
55:20everyone should be learning right now?
55:21communication skills, emotional
55:23intelligence and yeah work on yourself
55:26and boost your confidence.
55:27>> What's the best part about being an
55:28entrepreneur then?
55:29>> It has its ups and downs but the best
55:32part is you are free to do whatever you
55:34you you want to work and Mondays you can
55:36take off so you can choose whenever you
55:38want to work.
55:38>> So what's your name, age, and what do
55:40you do?
55:40>> Uh my name is Fatima. I'm 28 and I'm a
55:43wedding photographer in Los Angeles.
55:45>> How did you get your next 1020 clients?
55:47>> Referrals and Google and Instagram. So,
55:50I learned really early on because I was
55:52mentored by other photographers in the
55:54industry that working on your website
55:55and making it SEO optimized is really
55:58important because you need to have
56:00multiple streams of people finding you.
56:02Creating blog posts that help clients
56:04that don't know me at all.
56:05>> And then how do you get people to spread
56:07the word? Like word of mouth, referrals,
56:08>> do a great job. I think that's the best
56:10and only way that I do it. And then
56:12after a client that I really really
56:14loved working with after our time has
56:15finished, I tell them like I really
56:17loved you, really enjoyed working with
56:19you. If you have friends that are just
56:21like you, like please send them my way.
56:23That's the best compliment you can give
56:24me.
56:24>> Any final advice you'd like to give the
56:26audience?
56:26>> I think as an entrepreneur, the best
56:28advice I can give is go into it as a
56:30student. Absorb everything that you
56:31possibly can and don't feel like you
56:34have to rush it. Best thing you can do
56:35is take it slow and the money will
56:37eventually come.
56:38>> All right. So, what's your name, age,
56:39and uh what do you do?
56:40>> Blake. I am 25 years old and I am a
56:42sales director for a real estate
56:44education company.
56:45>> So, how did you get into that?
56:46>> Basically, the reason why I'm in sales
56:48is honestly I heard Grant Cardone say
56:50that if you want to make a lot of money,
56:51you need to be in sales. So, I left
56:53working at a pizza place. I went to a
56:56cold calling firm where I was literally
56:58just cold calling a bunch of people and
57:00then I just kept looking for sales
57:01opportunities and eventually I landed
57:03here.
57:03>> So, what exactly do you do on a
57:05day-to-day basis?
57:05>> I take sales calls myself. I sell a
57:08$5,000 online coaching program to
57:11military service members that want to
57:13get into real estate investing and know
57:14how to acquire rental properties.
57:16>> What are some of the things you learned
57:17from your journey so far?
57:19>> Be willing to fail and invest in
57:21mentorship cuz you're going to learn
57:23either way. If you try to do everything
57:24on your own, you don't know how long
57:26it's going to take and you don't know
57:27how much your mistakes are going to cost
57:28you. But if you learn from someone
57:30that's doing what you want to do, you
57:31avoid a lot of costly mistakes. So, if I
57:34could have went back in time and paid a
57:36lot more for mentorship and just focused
57:38on like one or two things, I would have.
57:40>> Since you're in sales and I suck at
57:41sales, what are some things that I can
57:43do to be better at sales?
57:44>> You need to build leads that are warm
57:47and nurtured. Making sure that they're
57:49ready to make an investment that's big
57:51because the result that they're going to
57:53get far outweighs what they're investing
57:54in the high ticket program. Cuz if that
57:56gap doesn't exist, they're not going to
57:58buy. So, what I would recommend and what
58:00I've done in every single sales role
58:01that I've had is find a proven like
58:03framework or sales script that works for
58:05you. Basically, you're going to practice
58:06that script, make it your own, and then
58:08you just follow that framework on every
58:10single sales call that you have.
58:11>> So, if someone is struggling with
58:12risk-taking, what would you tell them?
58:14>> If you don't want to take risks, do you
58:15want to live with regret? And if you're
58:17okay with living with regret, then don't
58:19take any risk. But if you're not okay
58:20with looking at your life when you're
58:2250, 60, 70 year olds and old and wishing
58:24that you would have taken risk. Well,
58:26now you need to muster up the courage to
58:29try the thing that you want to try and
58:30realize people like Charlie, people like
58:32myself, we've had the courage to fail
58:34and we failed many, many, many times.
58:36>> What's your name, age, and what do you
58:37do?
58:38>> Hi, I'm Nana. I'm 25 and I am a founder
58:41of a content agency.
58:42>> That's amazing. So, what does your
58:43content agency do?
58:44>> So, basically, we work with CPG brands
58:46and we help them with their organic
58:47content strategy. So we do that part and
58:49then we also do the creator like
58:51management part.
58:52>> And how long have you been doing that
58:53for?
58:53>> Only for like 5 to 6 months.
58:54>> So what were you doing before?
58:55>> Before that I actually worked in private
58:57equity and I was also freelancing at the
58:59same time. So I was working on like the
59:00social media side for brands also
59:02consulting and helping with strategy.
59:03That grew pretty quickly. So then I did
59:05that full-time. I left my finance job
59:07and then 5 months ago I was like I want
59:08to do an agency. So started that.
59:10>> What has been the big struggle that
59:11you've had to deal with in launching
59:13your business? Probably the biggest
59:14struggle would just be patience because
59:16I think a lot of people think that
59:17things happen overnight and it can be
59:19quite easy to look on social media and
59:21think like you're not where you want to
59:22be. But if you're going to start
59:23anything, it takes a long time. It's a
59:25lot of resiliency, perseverance, and
59:27also not getting distracted. So not
59:29having that like shiny object syndrome.
59:30>> So how do you monetize? Like how does
59:32this business model work?
59:33>> So basically what we do is we have like
59:35a monthly subscription. So right now
59:36we're just trying to build like as many
59:38clients as we can before we kind of just
59:39focus on a few at once. So, what are
59:42some things that you're implementing
59:43this year to take your business to the
59:45next level?
59:45>> Putting myself out there on social
59:47media, going to more like inerson events
59:50because something I struggled with was
59:51imposter syndrome and I still do. So,
59:53sometimes I feel like I get nervous or I
59:55don't want to really put myself out
59:56there or talk about the things that I'm
59:58doing because I feel like, oh, I'm not
59:59at that position to speak about it yet.
1:00:01Like, you have to start somewhere to get
1:00:03to your end point.
1:00:04>> Can you give the audience like top two
1:00:06three pieces of advice? I think like if
1:00:07you want to build a team and you don't
1:00:09want to be a solarreneur to get like
1:00:10great people to stay, you need to
1:00:12incentivize them to stay. The second
1:00:13would be that you need to really focus
1:00:15on your discipline. It's easy for
1:00:16everyone to get distracted by everything
1:00:18that's going on and comparing ourselves
1:00:19to things. You can emulate or try to be
1:00:22inspired by people, but look at what you
1:00:23do best and like stay in that avenue.
1:00:25This is super random, but get sleep. I
1:00:27used to not sleep a lot because I
1:00:29thought that I had to work so hard in
1:00:31order to achieve my goals. But if you're
1:00:33not well-rested, then you're not going
1:00:35to produce your best work.
1:00:37>> For people that have a company or brand
1:00:38or whatever, and they're looking to use
1:00:40content to scale their business, what
1:00:42advice do you have for them?
1:00:42>> You need to get really good at
1:00:43storytelling. You could be as
1:00:44valuedriven as possible in terms of
1:00:46information or education, but why would
1:00:48someone want to listen to you? Like, you
1:00:49have to be able to say something
1:00:51interesting by telling a story through
1:00:52your experience.
1:00:53>> Any last advice you want to give
1:00:54audience?
1:00:54>> When it comes to entrepreneurship or
1:00:56even just creating content online, the
1:00:57first thing that people do is that they
1:00:59think about what other people think. And
1:01:00I used to do that a lot. And I think
1:01:01that just prolongs the process. If you
1:01:03want to do something great, you got to
1:01:04put yourself out there. You got to be
1:01:05bold. So,
1:01:06>> love that. Thank you so much. So, what's
1:01:07your name and what do you do?
1:01:08>> I uh my name is Jessica Bishop and I run
1:01:11a site called the budgetsvybride.com.
1:01:13>> And what do you talk about on your
1:01:15website?
1:01:15>> Well, it's all about wedding planning,
1:01:16as you might imagine, ways to save money
1:01:18and time and stress while planning a
1:01:20wedding and just helping couples do so
1:01:23within whatever budget it is that they
1:01:24have.
1:01:25>> How did you get into that? How did you
1:01:26start it?
1:01:26>> So, I actually started it when I was
1:01:27planning my own wedding 16 years ago.
1:01:30was documenting my experiences and it
1:01:32just turned into kind of more of a
1:01:35resource to help other people over time.
1:01:36>> Do you remember the first dollar you
1:01:38made in affiliate marketing?
1:01:39>> Yeah, actually the first time I heard
1:01:40about affiliate marketing, a brand that
1:01:42I was already familiar with in the
1:01:44wedding space that sold wedding
1:01:45invitations had reached out and said,
1:01:47"Hey, we saw that you know you've posted
1:01:48content about us before. Do you know
1:01:50about affiliate programs?" And I was
1:01:51like, "No." And they were like, "Well,
1:01:53if you use these special links, like you
1:01:54can make money off of like the things
1:01:56that you're talking about if somebody
1:01:57makes a purchase." And so I decided to
1:01:59give it a shot. And at first, I didn't
1:02:00really see the potential in it because
1:02:02it was only like a couple dollars, you
1:02:03know, that first time it happened. But
1:02:05the compound results over time have been
1:02:07like life-changing for my business.
1:02:09>> Would you be willing to share like the
1:02:10most money you've made in one month from
1:02:12affiliate marketing?
1:02:13>> Yeah, so our best month ever was just
1:02:16affiliate revenue was around 40,000.
1:02:19>> That's amazing. And how else do you guys
1:02:20monetize your website?
1:02:22>> Yeah, so in addition to affiliate, we
1:02:24also have display ads on the website. We
1:02:25also work directly with brands on
1:02:27sponsored campaigns or sort of like
1:02:29partnerships and I also have a book and
1:02:31a podcast. So, several different like
1:02:34revenue streams going on. But
1:02:35>> Okay.
1:02:36>> Yeah.
1:02:36>> If you could go back to when you
1:02:37started, is there anything you would do
1:02:38differently?
1:02:39>> I definitely would say the biggest thing
1:02:40that I've learned and I feel like I'm
1:02:42honestly still learning is just the
1:02:43power of like not trying to do
1:02:45everything yourself. I think because I'm
1:02:47so resourceful and like savvy, you know,
1:02:49I've tried to do as much as I can with
1:02:52as little as I have, but investing in
1:02:54help and team, you know, is is something
1:02:57that is just transformative for your
1:02:59business. So, I wish I had done it
1:03:00sooner and that I would do it more even
1:03:03now.
1:03:03>> Any final advice you want to give
1:03:04content affiliates, content creators?
1:03:06>> Nothing is going to be perfect when you
1:03:08first start out. Like honestly, when I
1:03:10started the budget savvy bride back in
1:03:112008, it was like a secret project. like
1:03:14I didn't tell anyone in my life that I
1:03:15was writing this blog and then it kind
1:03:17of grew to the point where like people I
1:03:19know started to find it and be like hey
1:03:20is this you know and so what I would say
1:03:23is like a you don't have to tell anybody
1:03:25you can start you know and do it but at
1:03:27the same point you should be proud of
1:03:29what you're doing and like don't be
1:03:30scared to share it and you're going to
1:03:32go a lot farther if you put it out there
1:03:34and are proud and and shout it out a bit
1:03:36more.
1:03:37>> Okay. So what's your name and what do
1:03:38you do?
1:03:38>> Brianna. I'm a full-time real estate
1:03:40agent and content creator.
1:03:41>> Can you tell us the story of how you got
1:03:42into content creation? I had a lot of
1:03:43success in the stock market and so I
1:03:45made a video on a whim because there's
1:03:47no way that Tesla could go from like
1:03:48$200 to what it went to like 1,200. So
1:03:51my stocks blew up. I I was like I need
1:03:53to tell somebody about this. So I made a
1:03:54video about it and that video ended up
1:03:55getting a million views. So I was like,
1:03:56"Oh my gosh, I should make videos then.
1:03:58This is kind of fun."
1:03:58>> What do you think it is about you that
1:04:00makes you successful as a content
1:04:01creator? Like what makes you get views
1:04:02and some other people they don't?
1:04:04>> I think the number one thing with
1:04:04content creation is that every single
1:04:06video is a chance to go viral. So I
1:04:08remember when I got my biggest spike of
1:04:10following, it was from just one video.
1:04:12Like one video took it from zero to like
1:04:14200,000. So I think consistency. If you
1:04:16post daily and you're not getting
1:04:17anything after months and months and
1:04:19months, something needs to change, but
1:04:20you still need to stay consistent. Like
1:04:21you can change other things, but
1:04:22consistency never changes.
1:04:23>> Can anyone become a successful affiliate
1:04:25marketer?
1:04:25>> I think anybody can do it. I feel like
1:04:27once you have the knowledge and skill. I
1:04:29think it's all just skill. You just you
1:04:30have to develop skills, figure out what
1:04:32works on camera. I mean any it's just
1:04:34everyone's in all shapes and sizes, you
1:04:35know, every color, shape, sizes,
1:04:37everything. And they're very successful
1:04:38at it. I feel anybody can do it.
1:04:39>> So what's your name and what do you do?
1:04:41My name is Milan and I'm a full-time
1:04:43content creator. So, I create short form
1:04:45by bite-sized content in the finance
1:04:47niche and I'm really big on Tik Tok,
1:04:48Instagram, Facebook, any of the
1:04:50platforms with store videos.
1:04:51>> And when did you get started with
1:04:52creating content?
1:04:53>> I remember the exact day. It was January
1:04:5527th of 2021.
1:04:57>> How were you able to get a million
1:04:58followers in just a few months? What did
1:04:59you do differently?
1:05:00>> At the time, I just made videos and then
1:05:02once I saw it blowing up, I was like,
1:05:03"Okay, there's something here." There
1:05:05was also a gap in the market at the time
1:05:06for a creator like me at the time. There
1:05:08weren't enough creators like that. So
1:05:09then what I did was I just every single
1:05:11day I scripted. I became really obsessed
1:05:13with analytics. What hook works? What
1:05:15doesn't work? Where's the drop off? I
1:05:16would just think from a logical
1:05:17perspective, why is the audience
1:05:18watching this? And then how like my own
1:05:20experiences can help the everyday
1:05:22person.
1:05:22>> Any final advice you want to give the
1:05:23audience?
1:05:23>> Fall in love with growth. So for me,
1:05:25growth is a huge obsession. And I think
1:05:27that's also why I've been able to gain
1:05:28like millions of followers in just a
1:05:30couple years because of that obsession
1:05:31with growth and always improving. So
1:05:33fall in love with growth and then you
1:05:35just constantly keep learning and
1:05:36improving which helps you better every
1:05:38aspect of your life. Right.
1:05:39>> So what's your name, age, and where you
1:05:40from?
1:05:41>> My name is Fabian. I'm 29 and I'm from
1:05:43Las Vegas.
1:05:44>> What do you do for a living?
1:05:44>> I make memes. I run a meme page and I do
1:05:47like Vegas news memes and media.
1:05:49>> And how do you monetize in your
1:05:50business?
1:05:51>> Sponsored ads on my feed. Okay.
1:05:53>> Just like uh integration from local
1:05:55brands into my posts and stuff like
1:05:57that.
1:05:57>> Would you be willing to share some of
1:05:59the numbers behind your business? One of
1:06:00my clients pays uh 9K a month.
1:06:03>> How much uh did you spend on the safari
1:06:05experience?
1:06:06>> There were three of us, so it was like
1:06:083500 a person.
1:06:09>> Worth it?
1:06:10>> Yeah, it's sick, dude. This is the best.
1:06:12The golf carts alone make it worth it.
1:06:13>> Oh, yeah. Do you have advice for
1:06:15aspiring entrepreneurs? What would you
1:06:16tell them?
1:06:17>> Uh dude, I am the worst entrepreneur. I
1:06:18am not like the guy that sits like this
1:06:20at the table. Just do what you like and
1:06:23just keep doing it even if you're not
1:06:24making money right now.
1:06:25>> Okay.
1:06:26>> And just like keep going. How many years
1:06:27did it take for you to, you know, start
1:06:29making some money?
1:06:30>> With my Vegas page in specific, it was
1:06:32like the Instagram was probably like 3
1:06:34years.
1:06:34>> Okay. What does your team look like for
1:06:36your business?
1:06:38>> Just you?
1:06:38>> Yeah.
1:06:39>> Solar.
1:06:40>> Yeah. I sit on my bed in my boxers
1:06:42posting photos on the internet.
1:06:43>> So, do you have any networking tips? Cuz
1:06:45I know that's something hard for people,
1:06:46especially like me, introverts.
1:06:48>> Be friendly. Just talk to people like
1:06:49you know them.
1:06:50>> Okay.
1:06:50>> That's the easiest thing. Like these
1:06:52dudes, they're just walking by. I'm
1:06:53like, "Oh, hey, what's up, dude? How you
1:06:55doing? You got white slips on there.
1:06:56Those are nice. And then he's like, "Oh,
1:06:58thanks, man." And then, "Hey, what's
1:06:59your name?"
1:07:00>> Just be nice. Yeah. Okay.
1:07:02>> What is the best skill people should
1:07:03learn?
1:07:03>> Communication. Again, I'm just big on
1:07:06interacting with people like socially.
1:07:08If you're shy and you're afraid to talk
1:07:10to people, just work on communication
1:07:11and walking up to people.
1:07:13>> So, what are your names and where are
1:07:14you guys from?
1:07:14>> I'm Jamie and I'm from Florida.
1:07:16>> Taiisha, Jupiter, Florida, also.
1:07:18>> So, what brings you to Coachella?
1:07:20>> I buy my daughter Coachella for
1:07:22Christmas.
1:07:23>> Oh.
1:07:23>> So, that's what we're here for. Just
1:07:24cash it in Christmas present.
1:07:26>> Would you be willing to share how much
1:07:27you guys paid for like the whole
1:07:28Coachella experience?
1:07:31>> I'll give you an honest answer. I paid
1:07:3241 grand for four people.
1:07:34>> What's the best like ROI thing you can
1:07:36do to a home?
1:07:37>> Well, in South Florida, make sure you
1:07:39have impact windows and a great roof
1:07:41because otherwise insurance is such a
1:07:43problem down there as it is. If you
1:07:45don't have those things, like you're
1:07:46screwed.
1:07:46>> What is work like for you?
1:07:47>> Latigious, combative, unfriendly,
1:07:50unappreciative.
1:07:53No one's ever like glad to see you.
1:07:55They're just not.
1:07:56>> What's your life motto?
1:07:57>> Do what you fear and fear will
1:07:58disappear.
1:07:59>> And any last advice you you guys want to
1:08:00leave the audience?
1:08:01>> Just show up, have fun, get out of your
1:08:03comfort zone.
1:08:04>> Yeah, definitely check out Coachella.
1:08:06>> So, what are your names and what do you
1:08:07guys do?
1:08:08>> My name is Jeff Liowitz.
1:08:10>> And I'm Karen Liowitz.
1:08:11>> I'm in construction and real estate
1:08:12development.
1:08:12>> How much was this whole experience for
1:08:14you guys?
1:08:14>> More than I want to admit on camera. And
1:08:16we with airfare and everything. I mean,
1:08:18it's over $50,000 for a few days.
1:08:20>> Is it worth it?
1:08:21>> Worth every penny of it. once I forget
1:08:23how much money I've spent.
1:08:24>> Do you guys have any advice for people
1:08:25that are looking to start their own
1:08:26business or just, you know, become
1:08:28financially successful?
1:08:29>> My advice is just go for it. If you have
1:08:31the drive, go for it. Don't wait. Right
1:08:34after I got out of school, I started my
1:08:36own business and not always easy, but
1:08:38it's definitely been rewarding.
1:08:40>> Would you be willing to share a failure
1:08:42just to inspire the audience? my first
1:08:44business which was a union ironworking
1:08:46construction company in New York. Kept
1:08:48thinking that the more sales I got the
1:08:50more successful I would be and built it
1:08:52to multi-million dollar business to
1:08:55where it just meant I was losing more
1:08:57money every month. Early on I just
1:08:58thought the more business you had the
1:08:59more successful you would be and
1:09:00obviously that's not the case.
1:09:02>> How do you get lucky in life?
1:09:03>> Work hard. I don't believe in getting
1:09:05lucky.
1:09:05>> What is a skill that everyone should be
1:09:06learning today?
1:09:07>> Good communications. younger people in
1:09:09my business, friends of my kids that I
1:09:11see, they think maybe just because you
1:09:13send a text that everybody understands
1:09:14exactly what you mean. And a lot of
1:09:16times things can get lost in
1:09:18translation. If you guys were to start
1:09:19over again today, what would be your
1:09:22first three steps?
1:09:23>> Drink less alcohol.
1:09:26>> Well, I I guess that's step one. That
1:09:28wouldn't be my step one. My step one
1:09:30would probably be to save more cuz I
1:09:32think that's an important thing that was
1:09:33kind of lost for me.
1:09:34>> What makes you guys happy?
1:09:35>> Family.
1:09:36>> Being together. Yep. spending time with
1:09:37our kids and uh our family and friends.
1:09:40It's the best. That's what it's all
1:09:41about. Like you could have everything in
1:09:43the world, but if you don't have great
1:09:44people to spend it with, then it's not,
1:09:46you know, it's not it's worth it.
1:09:47>> So, what's your name? Uh age, and what
1:09:49do you do?
1:09:50>> My name is Taylor Price, also known as
1:09:52Priceless Tay. I am 23 and I do a lot of
1:09:56things. I'm a startup founder, a content
1:09:58creator of a very successful financial
1:10:00literacy platform for Gen Z.
1:10:01>> What's your company?
1:10:02>> I have two companies. One is Definitive
1:10:04Incorporated where we launched a product
1:10:08or an app that you can download on the
1:10:09app store called Savvy Spends Smart and
1:10:11that optimizes your credit card deals,
1:10:14discounts and offers. And then the other
1:10:16business is Priceless Tay and that is
1:10:19where we do the financial literacy
1:10:21content creation really fun, exciting,
1:10:24entertaining stuff.
1:10:25>> Can you tell me about your tool stack to
1:10:26run your business?
1:10:27>> Slack number one, like the best
1:10:29communication platform. I used to be a
1:10:31huge proponent of notion. I found that I
1:10:33was using notion more as a to-do list
1:10:36and write things down and like try and
1:10:38optimize the system rather than actually
1:10:39do the things. So, we moved over to
1:10:41ClickUp. Okay. And since then, ClickUp
1:10:43has so many more automations. I find
1:10:45myself and my team accomplishing a lot
1:10:48more than we did in Notion.
1:10:49>> How do you manage a team properly? one
1:10:50of my full-time employees is here and I
1:10:52think it's super important that we
1:10:54connect like on a personal level as well
1:10:56as a professional level because that
1:10:58makes the people like feel respected and
1:11:00that they're not just an employee like
1:11:03they're somebody that you can count on
1:11:05and they can also count on you.
1:11:07>> Any advice you want to share with
1:11:08aspiring female entrepreneurs?
1:11:10>> Push through. Like you just got to do it
1:11:12and just keep serving a whole bunch of
1:11:14people. Like that's what it is at the
1:11:16end of the day. If you can find
1:11:17something that you can get paid for,
1:11:19that the world needs, that you're good
1:11:22at and love doing, you are finding the
1:11:25icky guy, like the center balance, and
1:11:28it won't feel like work.
1:11:29>> So, what's your name, age, and where are
1:11:30you from?
1:11:31>> Ean. I am from Fresno, California, and I
1:11:33am 24 years old. I'm turning 25
1:11:36tomorrow.
1:11:36>> Happy early birthday. So, what do you do
1:11:38for work?
1:11:38>> I do talent management. So, I manage
1:11:40creators on Tik Tok, YouTube, and
1:11:42Instagram, and I help them secure either
1:11:43brand deals, PR, or whatever ventures
1:11:46they want to get into.
1:11:46>> How did you get into that?
1:11:47>> I started uh beginning a videographer
1:11:50who basically just kind of went around
1:11:51LA just like sleeping in my car just
1:11:53trying to figure out, hey, anybody let
1:11:54me shoot videos for you. Wow.
1:11:56>> I ended up meeting one client, P2 is the
1:11:58name. Shout out P2. After I did that one
1:12:00time, I fell in love. I was like, I love
1:12:02being able to provide for my creators
1:12:03and helping them expand their
1:12:04businesses, whether it's on a venture
1:12:06side or whether it's on a brand deal
1:12:07side. What's the best advice that your
1:12:08parents have taught you?
1:12:09>> The biggest thing is like they just told
1:12:10me never quit, you know, work hard every
1:12:12single day. They came from India. They
1:12:14worked in the fields. Once they told me
1:12:15like their story, like how they kind of
1:12:17came about, I was like, it's hard for me
1:12:18to really complain about anything I have
1:12:19in my life right now. You know,
1:12:20>> what's your mindset when it comes to
1:12:22attracting luck?
1:12:23>> Back to the thing I said earlier is if I
1:12:24show up every single day, I'm bound to
1:12:26get lucky more than you are. Right? If
1:12:27you show up four times a week, if I show
1:12:29up seven times a week, even if it's for
1:12:30less amount of time some days, I'm bound
1:12:32to get lucky more than you are. I'm
1:12:33going to have to hit that jackpot. I'm
1:12:34going to meet. I'm going to get that
1:12:35deal. I'm going to get that whatever it
1:12:36is, right? I'm going to get it more
1:12:38times than not because I'm showing up
1:12:39every single day. That's really it.
1:12:40>> Would you be willing to share how much
1:12:41revenue your company makes?
1:12:43>> Last year we did over 1.2 million.
1:12:46>> Wow.
1:12:47>> Do you have any unconventional rules in
1:12:48life?
1:12:48>> Always bet on yourself and then double
1:12:50down. People tell me, "Oh, you should
1:12:51just quit. Like, why are you doing this?
1:12:53Like, you made negative dollars like for
1:12:546 months straight. Why are you
1:12:56continuing to do this? It doesn't make
1:12:56any sense. Hey, you made money. Why did
1:12:58you just spend all the money you just
1:12:59made? Like, why are you doing all these
1:13:01things?" It's because you have to trust
1:13:03the process and double down on yourself.
1:13:04If you truly believe in yourself and you
1:13:06truly show up every single day, it's
1:13:08really hard to like fail. Like in six
1:13:10months to one year, you can change like
1:13:11the next 25 years of your life. If you
1:13:13actually just like dedicated, no
1:13:14distractions, just put it in your work.
1:13:16Actually put in your work.
1:13:17>> Yeah. If you were to go broke today,
1:13:18what would you do to get back to where
1:13:20you are right now?
1:13:20>> It would be the same thing I'm doing
1:13:22right now. Even if I didn't have a
1:13:23laptop, all you needed was a phone. I
1:13:25probably copy and do exactly what I'm
1:13:26doing right now in the next like 6
1:13:27months. It's really important for people
1:13:29to do trial and error. I think most
1:13:32people actually learn when they go and
1:13:34do something and they fail at it, right?
1:13:35I think people don't really actually
1:13:37learn until they're doing something. So,
1:13:39you can read as much as you want. You
1:13:40can like go watch as many YouTube videos
1:13:42as you want, but until you actually go
1:13:44and apply yourself, none of that
1:13:45knowledge is going to be actually
1:13:46retained and none of it's going to be
1:13:48like, oh, how can I do this differently
1:13:49to then go to the next level, right?
1:13:51>> So, what's your name uh in age and what
1:13:52do you do?
1:13:53>> Hi, I'm Connor Lim. I'm 30 uh 32. I'm a
1:13:58co-founder of Steey.
1:13:59>> What's Steey? So CZ does online dance
1:14:01classes from the world's best dancers,
1:14:04but we were building the platform for
1:14:06athletes and audiences everywhere for
1:14:07all of dance. How did you guys get
1:14:09started with this business?
1:14:10>> I mean, crazy story. I mean, I was a
1:14:11dancer for over 10 years. And then, you
1:14:13know, I just realized that there wasn't
1:14:14a lot of knowledge being shared, right?
1:14:16It was like so dance is such a cool kids
1:14:18club.
1:14:19>> So, in 2014, we launched a blog that was
1:14:21like showing a little light of like what
1:14:23it looks like u behind the scenes. And,
1:14:25you know, we got like 70,000 pages views
1:14:27in the first two weeks. Wow. Yeah. And
1:14:29people just all around the world kept
1:14:30emailing us saying, "Hey, like I love
1:14:31what you guys write about. I want to be
1:14:33a better answer. What can I do?" And the
1:14:34answer was, "Well, you got to dance,
1:14:36right?" We realized that people in these
1:14:37different cities just didn't have access
1:14:39to quality education. So then we were
1:14:41able to build the app, you know, raise
1:14:42VC funding and all that. If you want to
1:14:44build something that's like like that
1:14:45changes the world, it's going to take
1:14:47it's like you have to think in decades.
1:14:48And so when you think about that, like
1:14:50life goes up and down a lot in a decade.
1:14:52Like I started Steey when I was 22 years
1:14:54old. Life is very different and you
1:14:56change as a person. And so you really
1:14:58got to be committed to the vision. And
1:15:00so it really it's grit, right? It's like
1:15:02passion and grit to like stick to like
1:15:03what you want to believe in.
1:15:04>> What are your names and what do you guys
1:15:06do for a living?
1:15:07>> My name is Destiny and I'm a full-time
1:15:09content creator.
1:15:10>> My name is Blessive and I'm also a
1:15:12full-time content creator.
1:15:13>> What type of content do you guys do?
1:15:15>> I do like beauty, fashion, get ready
1:15:16with me.
1:15:17>> Yeah. Oh,
1:15:18>> I do just lifestyle vlogs. I'm trying to
1:15:20leaning more into the fashion area and
1:15:22just like comedy content. I love to make
1:15:23my followers laugh.
1:15:24>> Okay, nice. And where are you guys from?
1:15:26I'm born and raised in LA.
1:15:27>> Born and raised Rio, Nevada, but I've
1:15:29been living in Los Angeles for the last
1:15:305 years of my life. What advice do you
1:15:32guys have for aspiring content creators?
1:15:34>> I say just to keep posting every day.
1:15:36You never know when one video is going
1:15:38to hit. You may think that it's not
1:15:39going to do good and then it ends up
1:15:40doing good. So, just keep posting every
1:15:42day and be consistent with it.
1:15:43>> Yeah, I'd say be consistent, be
1:15:45organized, and this sounds really vague,
1:15:47but just be yourself, man. People love
1:15:49to see original uh people just be
1:15:51original and be themselves and not just
1:15:53copy other trends, you know? Copy a
1:15:54trend, but put your own twist to it and
1:15:56just try to stand out from the usual.
1:15:58It's okay to be weird.
1:16:00>> How do you guys monetize your businesses
1:16:02>> from just doing what we do? You know,
1:16:04uh, a lot of brands just want to work
1:16:05with us because I feel like we both are
1:16:07really original with our content. So,
1:16:09they love for us to promote their
1:16:10products.
1:16:10>> So, what's your name, age, and what do
1:16:12you do for a living?
1:16:12>> My name is Jaffer Ali, 26. We do stuff
1:16:15with Amazon, drop shipping, clothing
1:16:17brands, anything that involves in the
1:16:18e-commerce space in terms of like
1:16:20personal branding. day. If an influencer
1:16:22wants to grow or build, they come to me
1:16:23and we help scale their personal brand,
1:16:25their material, their content. Anything
1:16:27that they need, we help provide with.
1:16:28>> And what car do you have today?
1:16:30>> Today, I brought my G63. We had to load
1:16:32up the merch today, so I needed the big
1:16:33body and we're looking for the next
1:16:35supercar.
1:16:35>> What do you think it's going to be?
1:16:36>> I'm my match with Charlie on his future
1:16:37purchase. So, if you stay tuned, you'll
1:16:39figure it out what it is.
1:16:40>> So, how did you become an entrepreneur?
1:16:41Tell us your story.
1:16:42>> Never had a 9 to5, so this life kind of
1:16:44chose me. Typical story of entrepreneur.
1:16:45Used to sell soda and candy at school,
1:16:47fourth grade. started doing iPhones, eye
1:16:49touches, became sneakers, so I was
1:16:51reselling sneakers that turned into
1:16:53clothing and then clothing opened up the
1:16:54whole realm of consulting and media
1:16:56agency and all everything now.
1:16:58>> What do your parents think about what
1:16:59you do?
1:16:59>> I actually was blessed. My pops and
1:17:01grandfather are both entrepreneurs. My
1:17:03mom's was there too once she saw how I
1:17:05was being able to have sort of some
1:17:07security. But my pops always encouraged
1:17:08me in every single way and he encouraged
1:17:10me that hey when you fall fall on your
1:17:12face we'll help I'll help you dust you
1:17:14off and we'll get you right back to it.
1:17:16So from such a young age, it was always
1:17:17had that good background for me to get
1:17:19out there and experiment.
1:17:19>> What's the best thing you learned from
1:17:21your parents?
1:17:21>> To clap for yourself. So that's where
1:17:23you have to be there to support yourself
1:17:25because no one else will be until you
1:17:26already made it. Then that's where
1:17:27everyone wants to start clapping for
1:17:28you.
1:17:29>> What are the pros and cons of owning a
1:17:30supercar?
1:17:31>> Number one, everyone's going to tell you
1:17:32networking, which I recommend is 100%.
1:17:34So if you have the ability to socialize
1:17:37and you bring value, you having a
1:17:38supercar is going to help. If you don't
1:17:40bring value, you don't socialize or you
1:17:42don't use it, it's not going to help. If
1:17:43it sits in the garage all day and no one
1:17:44sees it, it's like a billboard. If you
1:17:46got a billboard where no one sees it,
1:17:47it's not going to do anything. But you
1:17:48put it right on this street or you come
1:17:49out to events like this and now you make
1:17:50your money work for you. You can make it
1:17:52happen.
1:17:52>> If you could go back 10 years, what
1:17:53would you tell your younger self?
1:17:54>> Keep hustling. As simple as that.
1:17:55>> In terms of education, how do you learn?
1:17:57>> A lot of heroi videos, a lot of videos
1:17:59like that where I constantly have
1:18:01business conversations going. So, it's
1:18:03now my subconscious always thinks about
1:18:04that. These guys have already lived game
1:18:06of life for so much in so many different
1:18:07situations. If you take that and build
1:18:09your own map off of that, you can get so
1:18:11much further so much faster. What do you
1:18:13do differently than other people?
1:18:14>> Working out every day, I do feel like a
1:18:15good amount of people do that. But I'm
1:18:17very disciplined. Don't drink, don't
1:18:18smoke. I'm very to the tea. So, if I
1:18:19tell myself that, hey, this is what's
1:18:21going on today, then that's that's
1:18:22happening. I'm not going to bed until
1:18:23that happens. So, I think that
1:18:24discipline and just motivation of
1:18:26getting stuff done that other people
1:18:27just all right, I'll push it to
1:18:28tomorrow. There's no tomorrow for me.
1:18:30>> What made you decide not to drink?
1:18:31>> Religious wise, I'm Muslim,
1:18:32alhamdulillah. But for me, too, I like
1:18:34to be uh healthy and religion aside, it
1:18:36slows you down. And for where I want to
1:18:38be, I can't afford 2 days on a hangover.
1:18:40I got to be up and going 6:00 a.m. the
1:18:41next day. And for someone that's
1:18:42starting a new business, how can they
1:18:44get clients?
1:18:45>> Everyone's going to tell you give out
1:18:46stuff for free, but my thing is focus on
1:18:47the quality of stuff first. If you have
1:18:49good quality stuff, you won't ever have
1:18:51a problem with clients.
1:18:52>> So, what's your name, age, and what do
1:18:53you do for a living?
1:18:54>> John Bulls, 36 years old, serial
1:18:55entrepreneur. Own four companies.
1:18:57>> What kind of companies do you do?
1:18:58>> Branding and marketing agency, credit
1:18:59card processing, private equity, and a
1:19:01real estate company.
1:19:02>> How does one own four companies that
1:19:04seem to be quite different?
1:19:05>> I've been a consultant and brand builder
1:19:06for about 15 years now. So, one of my
1:19:08brands is a branding and marketing
1:19:09agency called Aventive. We build and
1:19:11grow brands for a living. So when you're
1:19:12a consultant and you build brands for
1:19:14other people and you've been doing it
1:19:15for 10 or 15 years, you have a knack for
1:19:17doing it and you say, "Oh, 95% of our
1:19:19clients do credit card processing. Why
1:19:21are we not middlemaning that or why are
1:19:23we not providing a solution for that and
1:19:24lowering the rates and making money on
1:19:26that?" And then another idea we
1:19:27researched that 98% of our agency
1:19:29clients get a small business loan, they
1:19:31get fund, you know, they go through
1:19:32private equity, family office, they get
1:19:33some form of capital infusion in their
1:19:35company. And I said, "Oh, I can start a
1:19:36private equity or an angel investment
1:19:38group, raise capital for them, and make
1:19:40percentage on that." So, three of my
1:19:41brands live very close within each
1:19:43other. They're ancillary offerings, but
1:19:45separate companies, and then I take
1:19:46profit, and I put it into my real estate
1:19:48company that has short-term rental
1:19:49properties throughout Arizona.
1:19:51>> What cars do you have in your current
1:19:52lineup?
1:19:52>> So, I have a 2020 fully built F8 slammed
1:19:55on Nova Tech suspension, MV Forge,
1:19:57two-piece wheels, full build by Voodoo
1:19:59exhaust, and then I daily drive uh a new
1:20:01yellow urus that I just picked up last
1:20:03week. What are some of the challenges
1:20:04you faced and failures that you've had?
1:20:06>> Most people up here would probably talk
1:20:08about business challenges. I think the
1:20:10number one challenge anyone will run
1:20:12into is internal challenges, mindset
1:20:15challenges, inner child challenges,
1:20:17things that you might not know you have
1:20:19to deal with until the stress is
1:20:20unbearing. Right? So, you might start a
1:20:22company and not understand that you're
1:20:24now the accountant, your marketing, your
1:20:26sales, your ops, your all these
1:20:27different things, which is stressful.
1:20:28But if you're not built to be
1:20:30level-headed and calm and zen-like,
1:20:32you're going to blow a fuse. You're
1:20:33going to hit burnout. You're going to be
1:20:34miserable. So my biggest recommendation
1:20:36is like start reading books, meditating,
1:20:38journaling, like do the things that keep
1:20:39you grounded. If you're not super
1:20:41grounded, you're it's going to be chaos.
1:20:43It's anarchy.
1:20:44>> It's worth it.
1:20:44>> Hands down. Why?
1:20:45>> I'm living the life I've always dreamed
1:20:47of. I can literally meditate and
1:20:48manifest like who I want to be in 2 or 3
1:20:50years. And I'm that person. I literally
1:20:51create things out of thin air. my
1:20:52friends group, the cars, the house, the
1:20:54girlfriend, like everything is curated
1:20:56by my mind, and I go and build it. It
1:20:58wasn't given to me. It wasn't handed to
1:20:59me, and I'm still dialed in, still
1:21:01putting in the work, and I don't have to
1:21:03as much anymore.
1:21:03>> What would you tell someone that looks
1:21:05at a life like that and is just like,
1:21:06"Oh, that's that's luck." What would you
1:21:08tell them?
1:21:08>> I think that that person doesn't
1:21:10understand how the universe and how the
1:21:12world works. And someone might call it
1:21:14luck. I call it synchronicity. So if
1:21:15your energy is dialed in at a very high
1:21:18frequency and you meet the love of your
1:21:20life or you meet a business partner, you
1:21:22meet friends and they're at a high
1:21:23frequency, someone might call that luck,
1:21:25but someone might also say that our
1:21:26energy was at a high frequency and the
1:21:28world, universe, God, whatever you
1:21:30believe in had us align at that pivotal
1:21:32moment. So I don't believe in luck. I
1:21:33believe in synchronicity.
1:21:34>> What books do you recommend?
1:21:35>> The power of now is a very very
1:21:37impactful book that teaches you to go
1:21:39present and become one with yourself.
1:21:40Earli, the world is a mirror changed my
1:21:43life and I'm sure you can see the energy
1:21:44in my eyes. It teaches you how the world
1:21:46is actually fake and how it's a mirror
1:21:48and everyone in this is curated by your
1:21:50own mind and you can literally bend
1:21:52reality and change things. And I read
1:21:54the book and all of a sudden I said,
1:21:55"Oh, I'm going to manifest a house in
1:21:56the hills in Laguna. I'm going to
1:21:57manifest a new crew, an exotic." And six
1:22:00within 6 months I have all of it. Now
1:22:01you have to be further in your game and
1:22:03like x amount coming in. Like it doesn't
1:22:04just fall out of the sky. But the book
1:22:06teaches you how you can like shift the
1:22:08world to have it match what your inner
1:22:09world is. Another good book is Shoe Dog.
1:22:11How Phil Knight built Nike talks about
1:22:13how he almost went bankrupt 10 or 15
1:22:14times and how he kept pushing through
1:22:16with perseverance.
1:22:16>> How do you invest your money
1:22:17>> in a variety of different ways?
1:22:18Obviously I have the typical stock plays
1:22:20where I in every single week I have
1:22:22money that leaves, you know, checking
1:22:24accounts that goes into my brokerage
1:22:25accounts that invest in different ETFs
1:22:27and things like that.
1:22:27>> What's your name, age, and what do you
1:22:28do for a living?
1:22:29>> Sean Dilva, 37. I own Exotic Car
1:22:32Factory.
1:22:32>> How did you get started? So when I was
1:22:3318 years old, I wanted to be a mechanic.
1:22:35So I went to UTI. While I was going
1:22:37there, I became a car wash guy at a
1:22:38dealership. Saw sales people doing
1:22:40really well. Figured I'd do sales
1:22:42instead of fixing cars. So I moved to
1:22:43that. Now we are at roughly 30 35 cars
1:22:46in inventory. We sell somewhere around
1:22:4820 cars a month, mostly exotic.
1:22:50Hopefully in the next year to 2 years,
1:22:52I'd be at maybe 60 75 cars in inventory.
1:22:55You know,
1:22:55>> how much money did you start with
1:22:56>> inventory? I would say a couple million.
1:22:58>> So how does a car dealership make money?
1:23:01where you buy at wholesale and sell at
1:23:03retail.
1:23:03>> What usually are like the margins are
1:23:05you willing to share?
1:23:05>> Well, it varies, right? Sometimes you
1:23:07could make $20,000 on a $200,000 car.
1:23:10Sometimes you make 5 grand on a $2,000
1:23:12car, but average, I would say, you know,
1:23:13$10,000 roughly on a super car.
1:23:16>> What advice would you give to new
1:23:17business owners?
1:23:18>> Grind hard. I mean, we work day and
1:23:20night still.
1:23:20>> Is it worth it?
1:23:21>> 100%.
1:23:21>> Why?
1:23:22>> Because I have the freedom to do
1:23:23whatever I want. I mean, I work hard.
1:23:25You know, we're still building this up,
1:23:26but you know, I I can do things on my
1:23:29own terms. Would you be willing to share
1:23:30with the audience how much in cars you
1:23:32sell per month on average?
1:23:33>> About 4 million in cars.
1:23:34>> How do you find people to buy them?
1:23:36>> You know, usually when someone's looking
1:23:37for a car, they go to
1:23:38autotradercars.com, car gurus, cars for
1:23:41sale. We're on all those websites. So,
1:23:43when you search for a car, our cars show
1:23:45up on top.
1:23:45>> So, how do you invest the money that you
1:23:47make?
1:23:47>> We put it right back into the business.
1:23:48We buy more cars. So, that way we grow
1:23:50our inventory. All of our investments
1:23:51are in our cars. That's what I know. So,
1:23:53I stick to what I know.
1:23:54>> What's a habit that you do on a daily
1:23:55basis that most people don't do? I don't
1:23:57know if most people don't do this, but
1:23:58gym is super important to me. Either I
1:24:00get in there first thing in the morning
1:24:02or I get in there sometime 600 7 right
1:24:04after work.
1:24:05>> What cars do you have personally?
1:24:06>> Currently, I have a widebody purple
1:24:08years. I'm waiting for my revolt should
1:24:10be here in September.
1:24:12>> Have you ever failed in business?
1:24:13>> Oh yeah, I had a trucking company that
1:24:15meant do I lost a couple hundred,000 on
1:24:18that project.
1:24:18>> What's your name, age, and what do you
1:24:19do?
1:24:19>> My name is Joe Murphy. I'm 26 years old
1:24:21and I have Supercar Connection podcast.
1:24:23I have a collision center in Hollywood,
1:24:25California, and I'm in a little bit of
1:24:26real estate and doing some trading on
1:24:27the side as well.
1:24:28>> What cars do you have?
1:24:29>> So, right now, I currently have a 2023
1:24:30Chevy Z06, one of the best cars out
1:24:32right now. And I also just picked up
1:24:33this beautiful Aventador S with a full
1:24:351016 kit on it. Those are the two lineup
1:24:37right now. The deadly duo, I like to
1:24:38call them.
1:24:38>> Tell me more about your businesses.
1:24:39>> So, right now, like I said, my main one
1:24:41is I have a collision center in
1:24:42Hollywood, California. I strictly do
1:24:43insurance claims, collision work. Real
1:24:45estate business is just long-term
1:24:46rentals, section 8 rentals. We do
1:24:48development out in LA as well. Trade
1:24:49some options when I'm feeling like a
1:24:50degenerate, stuff like that. And then
1:24:52Supercar Connection, of course, is the
1:24:53best number one supercar podcast out
1:24:55right now. Those are the four main
1:24:56source of income right now.
1:24:57>> Tell us about the first year of being in
1:24:59business. What was it like?
1:25:00>> First year is absolutely insane. I feel
1:25:01like a lot of people don't understand
1:25:02what it takes to even get something off
1:25:04the ground. You could go a whole year
1:25:06without even seeing any return. And just
1:25:08the consistent amount of grind it takes
1:25:09for time in versus results out the first
1:25:12year is always the biggest turnoff.
1:25:14Nobody wants to go through those initial
1:25:15grind years because you'll work 6 8 12
1:25:17months 18 months before you even see a
1:25:19proper return on your work. But then
1:25:21everything starts to compound and you
1:25:22hit that compound curve. All of a sudden
1:25:24your work efforts just start skyrocket
1:25:26and then you go from there. But you have
1:25:27to be able to have the mental fortitude
1:25:29to see through everything to get to that
1:25:31point.
1:25:31>> A lot of people watching this have a 9
1:25:33to5 but they want to start their own
1:25:34business. What would you tell them?
1:25:36>> Take a risk, man. That's the number one
1:25:37thing. Take the leap. Take the jump. I
1:25:39promise you it'll always work out for
1:25:40you. any business trends that you're
1:25:42following that you think will explode in
1:25:43the next couple years?
1:25:44>> I think a lot of people say this right
1:25:45now, so I don't want to sound like a
1:25:46broken record, but we're definitely in
1:25:47an attention economy right now. I feel
1:25:49like if you have a marketing strategy
1:25:50where you can garner and capture
1:25:52attention, it can be a way to turn it
1:25:54into dollars and be successful.
1:25:55>> So, what's your name, age, and what do
1:25:56you do?
1:25:57>> I'm Amber. I go by Kill Bambi. I'm 25
1:26:00and I do a lot of different things.
1:26:01>> And what car do you have?
1:26:02>> I have an Audi R8.
1:26:03>> How do you like it?
1:26:04>> It's so good like all around. I feel
1:26:06like it's good at everything. It's just
1:26:07good at whatever you want to do. You can
1:26:09be fast, you can be comfortable. There's
1:26:10enough room.
1:26:11>> Would you be willing to share how much
1:26:13money you've made in one year before?
1:26:15>> 3 million in a year.
1:26:16>> How'd you get started with your
1:26:17entrepreneurial journey?
1:26:18>> I started in racing actually. So, I was
1:26:19racing for Audi. I got to meet a lot of
1:26:21people through that, especially people
1:26:22that like could help me out and like
1:26:24point me in the right direction.
1:26:25>> How does it feel being a female in like
1:26:27a maledominated culture?
1:26:29>> I think it's difficult being a female in
1:26:31a male dominated culture just cuz it
1:26:32takes a lot more to like convince people
1:26:34to take you seriously. I feel like as a
1:26:36guy it's very easy to like be like, "Oh,
1:26:38look, I drive this car. I have this much
1:26:39money like you can take me seriously.
1:26:41Whereas like being a girl like in a way
1:26:42you kind of have to prove that like it's
1:26:44not like your boyfriend's money or like
1:26:46your father's money.
1:26:47>> What advice would you give to aspiring
1:26:49entrepreneurs?
1:26:50>> If you have an idea just go for it. Even
1:26:52if people tell you, "Oh, that's not
1:26:53going to work or someone's already done
1:26:54it." I feel like you should just do it
1:26:56and do it better.
1:26:56>> Do you have any controversial business
1:26:58advice?
1:26:58>> Fake it till you make it.
1:26:59>> How can you do that? For example, with
1:27:01supercars, as stupid as like getting
1:27:03like an expensive car is moneywise, I
1:27:05feel like if you use it correctly, you
1:27:07can kind of like help boost your
1:27:08business in a way because you get to go
1:27:10to these great events. You get invited
1:27:11to things where you're going to find
1:27:13higher tier people.
1:27:14>> So, what's your name, age, and where are
1:27:15you from?
1:27:16>> My name is Charlotte Carell. I'm coming
1:27:18from Switzerland and I'm 55.
1:27:20>> Who are you most excited to see?
1:27:22>> Lady Gaga.
1:27:23>> Okay. Yes. So, what do you do for a
1:27:24living?
1:27:25>> I've been running a festival in
1:27:26Switzerland 30 years.
1:27:28>> 30 years?
1:27:29>> Yeah. Yeah.
1:27:29>> Which festival?
1:27:30>> The festival is called Ro.
1:27:32>> Okay.
1:27:33>> So, how did you get into that?
1:27:34>> By a friend. Some friend, we decided to
1:27:36create a festival and that's it.
1:27:39>> Is the festival business hard?
1:27:40>> Actually, yes.
1:27:41>> It's getting very hard. Before it was
1:27:44still fun and now it's it's really a
1:27:47money business.
1:27:48>> How much money does it cost to produce
1:27:50your festival?
1:27:51>> For our festival, it was between three
1:27:54and four millions per per year.
1:27:56>> How much money can a one festival bring
1:27:58in? more than 1 million also. Okay.
1:28:00>> Have you ever lost money on a festival
1:28:02>> during 30 years? We win some money but
1:28:05we lost mainly because of the weather.
1:28:07>> What's your advice for any aspiring
1:28:09entrepreneur that's watching this video
1:28:10>> to believe of what you are doing and to
1:28:13be perseverant. You start every year
1:28:16with a white page and you restarted the
1:28:19concept.
1:28:20>> So what makes you successful as a
1:28:22business owner?
1:28:22>> The passion.
1:28:23>> All right. So what are your names, your
1:28:24ages and where are you guys from?
1:28:25>> My name is Aub. I'm 21 and I'm from
1:28:28Morocco. My name is Leo. I'm 21 and I'm
1:28:31from England.
1:28:31>> What brings you here to Bali?
1:28:33>> We're just working online. It's good for
1:28:34lifestyle, good for work life balance.
1:28:36We just come to the gym 5 minutes away,
1:28:38then go back home and work 12 hours and
1:28:40scale our business.
1:28:41>> What type of business do you guys have?
1:28:42>> We have a supplement brand where we run
1:28:45it fully organically, have over 350
1:28:48creator working for us, and we've
1:28:49managed to get over 2 billion views in
1:28:51social media and that's how we grew the
1:28:53Amazon brand.
1:28:53>> I mean, those are great numbers. So, you
1:28:55guys are super young. How did you guys
1:28:56get started with this business?
1:28:57>> Yeah, so I started out as a graphic
1:28:58designer. I was living in a refugee camp
1:29:00in Morocco. I learned how to draw people
1:29:03in my iPhone 4, right? I had $3 in my
1:29:05name. So, I started drawing people and
1:29:07then I got into Facebook groups and
1:29:09start posting the these drawings asking
1:29:11for people. I'll draw you for like $5
1:29:13$10. I got not no one to I want to pay
1:29:15me. But then one guy said, "Could you
1:29:17make a logo?" Then I went and learned
1:29:18how to make a logo. And I started making
1:29:20logos for people. I started drop
1:29:21shipping. I lost it all in Facebook,
1:29:23right? And then I get back to graphic
1:29:25design, earn more budget, lose it in
1:29:27Facebook ads until I did Tik Tok ads as
1:29:29well. So I just ordered five product to
1:29:31my house with all the money I have. And
1:29:32I start posting videos on Tik Tok about
1:29:34them. And then two or three of them blew
1:29:36up. Then I started a drop shipping
1:29:37store. I got it to six figures.
1:29:38>> What advice do you have to aspiring
1:29:40entrepreneurs?
1:29:41>> Get a mentor. Get a mentor that's doing
1:29:42a lot better than you and shut up and
1:29:44listen to him. Basically, other advice
1:29:46is constantly keep working hard. Like it
1:29:48doesn't happen overnight. It took me
1:29:49years to start building especially to
1:29:51big numbers multiple six figures seven
1:29:53figures a month you need takes years of
1:29:54work and get good partnerships good work
1:29:57with good people find your leverage
1:29:59points in your business there are always
1:30:00leverage points things that you put a
1:30:02little bit of effort in gives you huge
1:30:04huge amount of value huge amount of
1:30:06growth these are the things that you
1:30:07should be working on every other thing
1:30:08delegate hire people and focus on the
1:30:10most important things and if you are a
1:30:12beginner the most important thing is
1:30:14learning what's the best business to
1:30:15start today
1:30:16>> selling a product that people buy
1:30:17multiple times that you can make content
1:30:19for and go viral organically where it's
1:30:21digital product, physical products,
1:30:23anything. Just make sure that people
1:30:24buys it multiple time like a supplement.
1:30:26>> So, what's your name, age, and where are
1:30:27you from?
1:30:28>> My name is Sumar. 30 years old and I'm
1:30:30from Big Su, California.
1:30:31>> How long have you been Bali for?
1:30:32>> About 8 months.
1:30:32>> And how is it?
1:30:33>> I would never leave. I would raise a
1:30:35family here. My favorite place I've ever
1:30:36been, I would say.
1:30:37>> So, what makes it so amazing?
1:30:38>> I mean, first off, the culture. It's
1:30:40beautiful, man. The way they live, the
1:30:42gratitude, the love, how inviting
1:30:44they've been to me as a tourist
1:30:45visiting. I think the island is special.
1:30:47Like literally the land, you've got
1:30:49volcanoes, ocean, you got everything you
1:30:51could ever want outside. Amazing expat
1:30:53scene, cool entrepreneurs, easy to meet
1:30:55people. It's just got it all.
1:30:56>> You're selling me on this? Yeah. Yeah.
1:30:57So, what do you do for work?
1:30:58>> A couple different things. All of it's
1:30:59in like the real estate development
1:31:01niche. 6 years ago, I started a very
1:31:03weird side project in real estate, which
1:31:05is creating these like ranches. We call
1:31:07them ranchets. So, we buy big tracks of
1:31:08land and subdivide them, sell them off,
1:31:10no physical development, or we just buy
1:31:12and resell land. In America, there's a
1:31:14ton of land, a lot of supply. And
1:31:15there's kind of like a hidden minority
1:31:17of people that love buying land in
1:31:19America. There's like an insatiable
1:31:20demand for it, especially after co. Four
1:31:22years ago, I launched a coaching program
1:31:23teaching other people how to do it. And
1:31:24then two years ago, I built a software
1:31:26that pretty much runs the business for
1:31:28you.
1:31:28>> So, how do you stay motivated to work
1:31:29when you have such beautiful place
1:31:31around you?
1:31:32>> There's just no other way for me and I
1:31:33honestly enjoy what I do. Like, I'm
1:31:34super fortunate. I work with a great
1:31:36group of people within the business.
1:31:37>> Any final advice you want to give the
1:31:39audience,
1:31:39>> dude? I mean, if you're watching this at
1:31:40home, buy a ticket and go travel
1:31:42somewhere, whether it's Bali or anywhere
1:31:44else. Like the highest ROI investment
1:31:46you can make in my opinion is probably
1:31:47travel and not enough people in America
1:31:49travel in my opinion.
1:31:50>> So what's your name, age, and where are
1:31:51you from?
1:31:52>> I am Sarah. I am 27 and I'm originally
1:31:55from New York.
1:31:56>> What brings you out to Bali?
1:31:57>> I just fell in love with Bali. I
1:31:58actually came for a solo trip in 2022
1:32:01and I felt so safe here. Like the locals
1:32:03are so welcoming and as a female
1:32:05traveler, there's not a lot of places
1:32:07you feel super safe, but I would like
1:32:08walk around at night and I don't know, I
1:32:10loved it. There's something about the
1:32:11island that gets you.
1:32:12>> So what do you do for work as a digital
1:32:13nomad? Okay. I do fitness and nutrition
1:32:15coaching. It's lifestyle coaching. I've
1:32:17been doing that full-time since 2018.
1:32:20>> How does your business make money?
1:32:21>> So, all of my clientele are in the US. A
1:32:24very small percentage in the UK and
1:32:26Australia. It is full lifestyle
1:32:28coaching. So, we do weekly
1:32:29accountability, nutrition, meals,
1:32:32recipes, workout programming, and then
1:32:34all the adjustments that you would need
1:32:36with macros. So, we have clients that
1:32:38sign on between 6 months, 12 months, 2
1:32:41years. to inspire the audience. Would
1:32:42you be willing to share how much money
1:32:43you're able to make?
1:32:44>> Yes. So, I've gone through different
1:32:46seasons of my business where I really
1:32:48grew to having a bigger team. Right now,
1:32:50I make between 20 25K a month.
1:32:52>> And how can anyone become a better
1:32:54entrepreneur?
1:32:55>> If somebody knows more than you and has
1:32:56done more than you and is more
1:32:57successful than you, listen to them.
1:32:59Take other people's advice. But only
1:33:01people who are in a position that you
1:33:03want to be in.
1:33:04>> So, what's your name, age, and where you
1:33:05from?
1:33:05>> I'm Justin. I'm 25. I'm from California.
1:33:08>> What brings you Bali? I came to Bali
1:33:10about a year ago and I fell in love with
1:33:13it. Getting to surf every day, how cheap
1:33:15it is, how far your money stretches
1:33:17here, and the people are just the nicest
1:33:19here. And there's a huge entrepreneur
1:33:21community as well.
1:33:22>> And how long do you think you're going
1:33:23to stay?
1:33:23>> Well, I booked a one-way trip to Bali,
1:33:25not knowing when I'm going to go back
1:33:26for now.
1:33:27>> So, what do you do for a living?
1:33:28>> Couple things. I run an e-commerce
1:33:30business. That business I've started
1:33:31since college. I've been running it for
1:33:33about 4 to 5 years. That one's doing
1:33:35about $2 to $3 million in revenue a
1:33:38year. I'm also starting my personal
1:33:40brand. I've been making content on
1:33:41Instagram for a while. Starting my
1:33:43YouTube channel as well. And I also just
1:33:45started doing coaching and consulting to
1:33:48also teach others what I do as well.
1:33:50>> So many serial entrepreneurs here. And
1:33:51how do you stay focused?
1:33:53>> For me, I try to just try to stick to a
1:33:55good routine. That's just waking up at a
1:33:57good time, setting up time for myself,
1:33:59whether that's like reading, meditating,
1:34:01going on a walk, whatever. And I think
1:34:02just sticking to a structure and a
1:34:05disciplined routine really helps me to
1:34:07avoid all other distractions.
1:34:09>> Can you share some of your wins in the
1:34:10last year?
1:34:10>> Honestly, a big win has just been
1:34:12financial freedom. Being able to travel
1:34:14to like places like Bali, went to 15
1:34:16countries with my friends. Was able to
1:34:19get my parents like phones and laptops
1:34:21and whatever things that they need. I
1:34:23was able to fly my sister out to come
1:34:24enjoy some time with me in Bali.
1:34:26>> What common trait do you see among your
1:34:28successful entrepreneur friends?
1:34:29>> I would say work ethic. A lot of people
1:34:31will show like, yeah, the lifestyle is
1:34:33amazing. It's fun. You get to do
1:34:35whatever. But to get there, it takes a
1:34:37lot of discipline. It takes hard work.
1:34:38It takes saying no to a lot of
1:34:40distractions and fun things.
1:34:41>> So, what's your name, age, and where you
1:34:42from?
1:34:43>> My name is Tev. I'm from Australia,
1:34:44Sydney, and I'm 27 years old.
1:34:46>> And what do you do now here in Bali?
1:34:48>> I'm into property, and I own Autobasi in
1:34:50Changenu, French restaurant.
1:34:52>> What's your biggest piece of advice for
1:34:53aspiring entrepreneurs?
1:34:55>> Go for it. Stay strong. Discipline,
1:34:57responsibility, make your bed in the
1:34:58morning. That's how you start. Any last
1:35:00advice you want to give the audience?
1:35:01>> The people you have in your group, your
1:35:03friends, is a main thing. If you're
1:35:05telling somebody you want to do
1:35:07something and they telling you don't,
1:35:08they're not the right people for you.
1:35:09>> So, what's your name, age, and where are
1:35:11you from? H
1:35:11>> I'm Andrea. I'm 28 years old and I'm
1:35:14from Spain.
1:35:14>> What do you do out here in Bali?
1:35:15>> I'm a digital nomad. I have a marketing
1:35:17agency.
1:35:18>> How did you create your business and get
1:35:19started in entrepreneurship?
1:35:20>> Yeah. So, I have a digital skill. It was
1:35:23SEO. So I was working in a business and
1:35:25then I started to get clients and then I
1:35:28started to create a team and yeah right
1:35:30now I have marketing agency.
1:35:32>> So what type of services do you guys do?
1:35:34>> Mainly SEO and social media.
1:35:36>> To inspire the audience share some big
1:35:38wins you've had in the business in the
1:35:39last year.
1:35:39>> So I have two main incomes. Okay.
1:35:42>> One are the marketing agency more or
1:35:44less it will be like 20,000 per month.
1:35:46Okay.
1:35:47>> And the other it's uh I'm content
1:35:49creator so I teach to other people how
1:35:51to do the same. Last month it was uh
1:35:5315,000.
1:35:55Yeah. In selling courses, mentorships,
1:35:57and everything.
1:35:57>> Okay. So, after listening to all the
1:35:59different answers, one thing really
1:36:01stood out to me. There isn't one single
1:36:03job or type of business that makes
1:36:05someone rich. But there are a bunch of
1:36:07different common themes that rich people
1:36:09have. Rich people love building high
1:36:11value skills. They also love creating
1:36:13value instead of just trading their time
1:36:15for money. A lot of these people got
1:36:17really lucky. That's usually how it is
1:36:19for successful people. But the thing is
1:36:21a lot of them tried many many times
1:36:23before they saw success. I know this is
1:36:25true with my life for example. But the
1:36:27most important thing that I've learned
1:36:28from talking with all these people is
1:36:31that you can learn things from anyone.
1:36:33Doesn't matter if they're richer,
1:36:35poorer, more successful, less
1:36:37successful, old, young. Everyone has
1:36:40different lessons that they've learned
1:36:41that they can share with other people.
1:36:43And so I think it's really important
1:36:44just to be able to learn from everyone.
1:36:47Be open to learning. Yeah. Again, I hope
1:36:48you guys got some value from this video.
1:36:50If you found the video interesting, make
1:36:52sure to hit that like button. Make sure
1:36:54to subscribe because I do a ton of
1:36:56videos like this, helping to inspire
1:36:58people and just trying to help people
1:37:00live the most financially successful
1:37:02life they can live. Thank you so much
1:37:04for watching and I'll see you in the
1:37:05next video. Peace.

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