0:01:32.289,0:01:33.663
You shouldn’t put your money in your house

0:01:33.721,0:01:35.781
you should put money in your brand.

0:01:35.827,0:01:37.220
You should put money on the marketing

0:01:37.220,0:01:38.287
You should promote yourself

0:01:38.287,0:01:40.195
not put money in where you and your kids live

0:01:40.195,0:01:40.895
Right

0:01:40.895,0:01:42.325
Why is that a mistake?

0:01:42.325,0:01:43.585
Because it’s a debt money

0:01:43.585,0:01:44.335
I mean

0:01:44.335,0:01:46.055
a house can’t make you money

0:01:46.110,0:01:49.040
A house does not make you money

0:01:49.460,0:01:50.923
The only reason people think a house

0:01:50.923,0:01:51.606
make some money

0:01:51.606,0:01:54.856
is comparing it if I rent that cost me money

0:01:54.858,0:01:55.408
But

0:01:55.408,0:01:56.238
you know

0:01:56.238,0:01:57.678
If you need to go to the hospital

0:01:57.678,0:01:58.998
you don’t buy the hospital

0:01:59.028,0:02:00.028
you rent a bed

0:02:01.058,0:02:03.117
to get out of there as fast as you can

0:02:03.117,0:02:03.929
If you go a trip,

0:02:03.929,0:02:04.549
you go to America

0:02:04.549,0:02:05.459
you want to go to Disneyland

0:02:05.459,0:02:07.389
you don’t buy the hotel

0:02:07.389,0:02:09.713
you rent a room

0:02:09.713,0:02:11.573
and nobody thinks bad poorly of that

0:02:11.573,0:02:12.311
they are like yeah im gonna go there

0:02:12.311,0:02:13.531
and use the place and get out

0:02:13.531,0:02:15.201
That’s what you should be doing with your living

0:02:15.201,0:02:16.546
Find a place where you can rent

0:02:16.546,0:02:18.226
Rent, rent, pay rent monthly

0:02:18.226,0:02:20.309
Don’t own the house

0:02:20.309,0:02:21.274
and take all the money you

0:02:21.274,0:02:23.105
that you have put in that house purchase

0:02:23.105,0:02:26.323
downpayment extra money fixing it up

0:02:26.323,0:02:28.473
use all that money to improve your

0:02:28.473,0:02:29.803
business and yourself

0:02:29.803,0:02:31.680
so that you can get more money

0:02:32.071,0:02:32.741
Right

0:02:32.741,0:02:34.309
So I see so many people here like

0:02:34.309,0:02:37.095
im gonna invest $300 000 in a house

0:02:37.095,0:02:40.449
to hopefully make $30 000

0:02:40.449,0:02:42.419
Im gonna make a buyer for $300

0:02:42.419,0:02:44.769
or maybe I’ll sell It for $600 000

0:02:44.769,0:02:46.119
I’ll double my money

0:02:46.119,0:02:47.769
fixed in one place by the way

0:02:47.769,0:02:49.259
where no money comes to you

0:02:49.259,0:02:50.454
Money doesn’t go to homes

0:02:50.454,0:02:51.134
Right

0:02:51.134,0:02:52.204
That's a big thing on your career

0:02:52.204,0:02:53.494
is moving location

0:02:53.494,0:02:54.104
Yeah

0:02:54.104,0:02:55.248
I move 5 or 6 times

0:02:55.248,0:02:57.078
I can move another 4 or 5 times

0:02:57.078,0:02:57.988
Because people who stay

0:02:57.988,0:02:59.153
stay in the same place get too comfortable

0:02:59.153,0:03:00.083
If you study wealthy people

0:03:00.083,0:03:01.687
they are mercurial

0:03:01.687,0:03:02.392
They are moving

0:03:02.392,0:03:03.392
they are mobile

0:03:04.294,0:03:04.754
They are not

0:03:04.754,0:03:05.364
They are not talking

0:03:05.364,0:03:06.604
Warren Buffet Bill Gates

0:03:06.604,0:03:08.248
do not talk about the home they live in

0:03:08.248,0:03:09.468
They talk about the place

0:03:09.468,0:03:10.326
they are going to

0:03:10.326,0:03:11.318
They go meet money

0:03:11.318,0:03:12.003
They go meet wealth

0:03:12.003,0:03:13.673
They go meet connections

0:03:13.824,0:03:14.554
People

0:03:14.554,0:03:17.166
are stunningly accepting

0:03:17.166,0:03:18.201
of anything

0:03:18.201,0:03:19.786
if they are actually believe

0:03:19.786,0:03:22.096
if that is the purest form of it

0:03:22.096,0:03:25.633
I think I had be less acceptable

0:03:25.633,0:03:28.276
if I hedged

0:03:28.276,0:03:28.973
I really do

0:03:30.888,0:03:32.828
People will accept you

0:03:32.828,0:03:34.145
People will accept everything

0:03:34.145,0:03:35.235
Just be you

0:03:35.933,0:03:36.873
Be you

0:03:36.873,0:03:38.693
and clearly people

0:03:38.693,0:03:40.543
like react

0:03:40.543,0:03:42.093
when you trying to fake something

0:03:42.093,0:03:43.651
and you’ve got bad intent

0:03:43.651,0:03:45.491
Well then that’s viscera and we hate

0:03:46.901,0:03:47.771
But I actually think

0:03:47.771,0:03:49.031
we

0:03:49.031,0:03:50.001
don’t give love

0:03:50.001,0:03:51.081
to the person who actually

0:03:51.081,0:03:52.331
knows they have it

0:03:52.331,0:03:54.171
and they try to fake it

0:03:54.171,0:03:56.531
to conform hence why I won’t

0:03:56.531,0:03:57.971
adjust to this market

0:03:57.971,0:03:58.821
all the way

0:03:58.821,0:03:59.801
because I don’t think

0:03:59.801,0:04:00.851
I will be respected

0:04:02.221,0:04:03.971
I know what my intent is

0:04:04.584,0:04:06.324
So why I would be scared

0:04:06.893,0:04:08.203
I want to build the biggest building

0:04:08.203,0:04:09.417
in town

0:04:09.577,0:04:10.781
that's who I am

0:04:10.781,0:04:12.881
And you know how I want to do that?

0:04:12.881,0:04:15.201
By building the biggest building in town

0:04:15.272,0:04:17.042
And a lot of people want to build

0:04:17.042,0:04:18.812
the build biggest building in town

0:04:18.812,0:04:21.062
and you know how they want to do it?

0:04:21.062,0:04:24.252
By tearing everybody else’s building down.

0:04:24.252,0:04:26.922
Poverty is passed on

0:04:26.922,0:04:29.462
It's taught in your families

0:04:29.462,0:04:32.542
middle classes taught in families

0:04:32.542,0:04:33.752
And so the people right now

0:04:33.752,0:04:35.702
who were sitting at home

0:04:35.702,0:04:37.217
who are struggling financially

0:04:37.217,0:04:38.417
or worried about money

0:04:38.417,0:04:39.527
or unhappy

0:04:39.527,0:04:41.027
they may be making a lot of money

0:04:41.027,0:04:44.047
but unhappy with what they are doing

0:04:44.047,0:04:45.397
It was probably taught to you

0:04:46.037,0:04:47.577
You know your super ego was taught

0:04:47.920,0:04:49.440
get a job work hard

0:04:49.471,0:04:50.841
or you’ll never be rich

0:04:50.841,0:04:51.854
or the rich are evil

0:04:51.854,0:04:55.054
or whatever

0:04:55.054,0:04:56.854
Until you change your mindset

0:04:56.854,0:04:58.134
money won’t help you right?

0:04:58.134,0:04:58.574
Correct

0:04:58.574,0:05:00.628
We see that with people that win lottery

0:05:00.628,0:05:01.808
people that make more money

0:05:01.808,0:05:03.225
money they still have the same problem

0:05:03.225,0:05:04.413
because they have poor man’s soul.

0:05:04.413,0:05:04.943
Correct

0:05:04.943,0:05:05.823
If you are poor

0:05:05.823,0:05:06.681
you’ll always be poor

0:05:06.681,0:05:07.511
That’s really hard for people .

0:05:07.511,0:05:08.476
to understand

0:05:08.476,0:05:09.836
The money will disappear that fast

0:05:09.836,0:05:11.466
just like most pro athletes

0:05:11.466,0:05:13.686
they make millions of dollars

0:05:13.686,0:05:17.721
and what 65% are bankrupt 5 years later

0:05:17.721,0:05:20.248
It’s because they come from poor family

0:05:20.248,0:05:22.310
Now you tell them that

0:05:22.310,0:05:23.641
they got very angry at you

0:05:23.641,0:05:24.861
not it’s a rich fault

0:05:24.861,0:05:26.708
you know as "you guys ripped me off"

0:05:26.708,0:05:29.358
"and government ripped me off"

0:05:29.358,0:05:30.868
But unfortunately what

0:05:30.868,0:05:32.218
Mr. Lipton was saying

0:05:32.218,0:05:35.848
it’s passed down genetically

0:05:35.848,0:05:37.658
That’s the frightening thing

0:05:37.658,0:05:38.658
And it’s interesting

0:05:38.658,0:05:39.848
when you commit to something

0:05:39.848,0:05:40.718
little gifts

0:05:40.718,0:05:42.818
just start automatically showing up

0:05:42.818,0:05:43.988
It’s phenomenal thing

0:05:43.988,0:05:45.998
It’s happened my whole career

0:05:45.998,0:05:47.088
When I am fully committed

0:05:47.088,0:05:49.062
somebody will bring me something

0:05:49.062,0:05:50.972
and then look then keep your eyes open

0:05:50.972,0:05:52.002
and by the way

0:05:52.002,0:05:53.222
the package may come

0:05:53.222,0:05:57.132
wrapped in a package you weren’t thinking about

0:05:57.132,0:05:58.082
hard work

0:05:58.082,0:05:59.052
or like a voice

0:05:59.052,0:06:03.052
Like a person or you know

0:06:03.052,0:06:04.602
maybe from different direction

0:06:04.602,0:06:06.542
than you thought or an offering

0:06:06.542,0:06:08.121
where you like you read something

0:06:08.121,0:06:10.801
about this and that’s not the thing

0:06:10.801,0:06:12.761
Like all through my career

0:06:12.761,0:06:15.411
it’s come in weird kind of ways

0:06:15.411,0:06:17.231
If you ask for help

0:06:17.231,0:06:20.369
and somebody shows up at the door

0:06:20.369,0:06:23.066
maybe let invite them in

0:06:23.066,0:06:24.516
regardless of what the packaging is

0:06:24.516,0:06:25.696
or what you’ve heard about it

0:06:25.696,0:06:26.566
or whatever

0:06:26.566,0:06:27.996
That’s really been beneficial to.

0:06:27.996,0:06:29.236
How old are you?

0:06:29.236,0:06:29.876
44

0:06:29.876,0:06:32.246
I think I’m 40

0:06:32.246,0:06:33.848
Do you know how young we feel?

0:06:35.722,0:06:36.992
When you were 26

0:06:36.992,0:06:38.742
did you ever think

0:06:38.742,0:06:41.091
that this is what 44 felt like?

0:06:41.091,0:06:41.661
No

0:06:41.661,0:06:44.390
You thought that was finished.

0:06:44.390,0:06:45.740
How old are you?

0:06:47.309,0:06:49.299
When I was 25 years old

0:06:49.299,0:06:52.009
I thought a 40 years old was finished

0:06:52.009,0:06:53.149
I don’t even feel

0:06:53.149,0:06:54.409
like I’m starting

0:06:54.774,0:06:55.684
Right

0:06:55.684,0:06:57.654
Yeah. But when I was 26 I was in a rush.

0:06:57.654,0:06:58.724
I understand.

0:06:58.724,0:06:59.944
All of those guys

0:06:59.944,0:07:00.864
and girls in the streets

0:07:00.864,0:07:01.334
last night

0:07:01.334,0:07:03.152
When you say that to them

0:07:03.152,0:07:04.182
like their face kind of goes blank

0:07:04.182,0:07:06.572
because all the stuffs they watch

0:07:06.572,0:07:08.152
MTV musically does this.

0:07:08.152,0:07:09.482
It’s all about the bling now

0:07:09.482,0:07:10.829
and of this now and of this now

0:07:10.829,0:07:12.393
Now you know and MTVs tame

0:07:12.393,0:07:14.513
You start following people in Instagram

0:07:14.513,0:07:15.629
and it’s a disaster

0:07:15.629,0:07:16.785
They are all pushing

0:07:16.785,0:07:18.915
like you know it’s all about champagne

0:07:18.915,0:07:20.115
and private planes

0:07:20.115,0:07:21.461
and you can get it too

0:07:21.461,0:07:22.989
and just sign up for my court like

0:07:22.989,0:07:24.529
and everybody’s falling for it

0:07:24.529,0:07:25.849
so I’m coming out

0:07:25.849,0:07:28.417
and first of all I want to be historically correct

0:07:28.417,0:07:30.617
Nobody in 100 years is gonna watch that video

0:07:30.617,0:07:32.038
and say that I was full of crap

0:07:32.098,0:07:33.468
I like that right

0:07:33.468,0:07:35.248
No 2 I want my legend to grow

0:07:35.248,0:07:36.658
I'm always fascinated

0:07:36.658,0:07:38.548
by politicians and world figures

0:07:38.548,0:07:40.058
Like Winston Churchill

0:07:40.058,0:07:41.418
His brain continue to grow

0:07:41.418,0:07:42.108
Right

0:07:42.108,0:07:43.148
I want that

0:07:43.148,0:07:43.888
When I'm dead

0:07:43.888,0:07:45.338
I wanna be in the ground

0:07:45.338,0:07:47.678
at peace knowing my legend growings

0:07:47.678,0:07:48.808
Like I want that

0:07:48.808,0:07:49.795
I want that in this business world

0:07:49.795,0:07:51.545
And so I'm giving real advice

0:07:51.545,0:07:53.383
And real advice looks like this

0:07:53.383,0:07:54.253
When you 19

0:07:54.983,0:07:56.803
And you can spend 7 full years

0:07:57.620,0:07:59.144
Learning your crafts

0:07:59.393,0:08:01.393
Meeting people that are mentors

0:08:01.393,0:08:02.253
Being patient

0:08:02.253,0:08:03.463
And you wakeup

0:08:03.463,0:08:05.523
And you're 26 years old

0:08:05.523,0:08:07.543
You have entire life infront of you

0:08:07.543,0:08:11.123
And you have done great foundational work

0:08:11.123,0:08:12.765
To go on and then be successful

0:08:14.201,0:08:15.881
You know I have bad luck too

0:08:16.987,0:08:18.397
I've had financial crush

0:08:18.434,0:08:20.914
And so I've people stab me on the back

0:08:20.914,0:08:22.067
But they're all good

0:08:22.067,0:08:23.467
Because I grow from it

0:08:23.467,0:08:24.891
That's spirituality

0:08:24.891,0:08:26.171
You know people who are afraid

0:08:26.171,0:08:27.071
of making mistakes

0:08:27.071,0:08:28.591
Like they teach in school

0:08:28.591,0:08:29.991
They don't ever grow

0:08:29.991,0:08:31.341
Because spirituality

0:08:31.341,0:08:32.231
as it's good

0:08:32.231,0:08:33.431
and there's bad

0:08:33.431,0:08:35.131
There's right and there's wrong

0:08:35.131,0:08:36.307
There's up and there's down

0:08:36.307,0:08:38.257
Most people always want to be right

0:08:38.642,0:08:40.402
I want to be positive

0:08:40.402,0:08:41.792
But you can't have that

0:08:41.792,0:08:42.751
That's not reality

0:08:42.751,0:08:44.653
And the average person

0:08:44.769,0:08:45.826
the reason they're poor

0:08:45.826,0:08:46.826
is haven't failed

0:08:47.166,0:08:48.106
You know they play

0:08:48.106,0:08:49.926
a sort of safe

0:08:49.926,0:08:50.436
They haven't make

0:08:50.436,0:08:51.136
any mistakes

0:08:51.136,0:08:52.799
Like they taught in school

0:08:52.799,0:08:54.559
That mean's they're not learn anything

0:08:54.559,0:08:55.759
That's why the school system

0:08:55.759,0:08:57.569
actually fundamental corrupt

0:08:57.569,0:08:58.939
It's entire education

0:08:58.939,0:09:00.079
Right

0:09:00.079,0:09:01.089
Don't make mistakes

0:09:01.089,0:09:02.599
And don't ask for help

0:09:03.867,0:09:04.317
And

0:09:04.805,0:09:06.175
If I didn't ask for help

0:09:06.228,0:09:07.278
I've my accountants

0:09:07.278,0:09:08.348
my attorneys my bankers

0:09:08.348,0:09:09.118
and all of that

0:09:09.818,0:09:11.548
You know I go into business

0:09:11.548,0:09:12.948
Like a rugby team

0:09:13.759,0:09:14.779
You know

0:09:14.779,0:09:16.039
Boom Boom

0:09:16.039,0:09:17.369
We kick butts

0:09:17.369,0:09:18.709
But the average guy

0:09:18.709,0:09:19.599
Is standing there

0:09:19.599,0:09:20.819
"Oh I'm A student

0:09:20.819,0:09:22.649
I'm going to this all of myself

0:09:23.273,0:09:24.213
And bunch of rugby players

0:09:24.213,0:09:25.233
Run you over

0:09:25.233,0:09:25.953
You go

0:09:26.080,0:09:28.280
"Well they're not playing fair"

0:09:28.280,0:09:30.280
Yeah what you're not playing stupid

0:09:30.280,0:09:30.991
You should have a team

0:09:30.991,0:09:31.641
You should have accountants

0:09:31.641,0:09:33.761
attorneys bankers and all of that stuffs

0:09:33.761,0:09:35.551
"But that's not the game I want to play"

0:09:35.551,0:09:37.331
It is then don't play the game

0:09:37.331,0:09:38.531
You know the game of business

0:09:38.531,0:09:40.051
is played with accountants

0:09:40.051,0:09:40.771
attorneys bankers

0:09:42.040,0:09:43.970
Hate to say it Politicians

0:09:43.970,0:09:46.160
You know you gotta to know the game

0:09:47.464,0:09:49.114
Like I don't want to hustle

0:09:49.114,0:09:50.090
I want to prosper

0:09:50.682,0:09:51.912
I don't want to grind

0:09:52.288,0:09:53.748
I want to create a machine

0:09:54.242,0:09:55.442
that monetizes

0:09:55.442,0:09:56.158
You know

0:09:56.158,0:09:57.666
I'm not shameful of money

0:09:57.666,0:09:58.586
I want money

0:09:58.586,0:09:59.896
I want a lot of money

0:09:59.896,0:10:01.446
I want to give money away

0:10:01.446,0:10:03.096
I want to raise a lot of money

0:10:03.096,0:10:04.716
You can't do that if you're broke