1 00:01:32,289 --> 00:01:33,663 You shouldn’t put your money in your house 2 00:01:33,721 --> 00:01:35,781 you should put money in your brand. 3 00:01:35,827 --> 00:01:37,220 You should put money on the marketing 4 00:01:37,220 --> 00:01:38,287 You should promote yourself 5 00:01:38,287 --> 00:01:40,195 not put money in where you and your kids live 6 00:01:40,195 --> 00:01:40,895 Right 7 00:01:40,895 --> 00:01:42,325 Why is that a mistake? 8 00:01:42,325 --> 00:01:43,585 Because it’s a debt money 9 00:01:43,585 --> 00:01:44,335 I mean 10 00:01:44,335 --> 00:01:46,055 a house can’t make you money 11 00:01:46,110 --> 00:01:49,040 A house does not make you money 12 00:01:49,460 --> 00:01:50,923 The only reason people think a house 13 00:01:50,923 --> 00:01:51,606 make some money 14 00:01:51,606 --> 00:01:54,856 is comparing it if I rent that cost me money 15 00:01:54,858 --> 00:01:55,408 But 16 00:01:55,408 --> 00:01:56,238 you know 17 00:01:56,238 --> 00:01:57,678 If you need to go to the hospital 18 00:01:57,678 --> 00:01:58,998 you don’t buy the hospital 19 00:01:59,028 --> 00:02:00,028 you rent a bed 20 00:02:01,058 --> 00:02:03,117 to get out of there as fast as you can 21 00:02:03,117 --> 00:02:03,929 If you go a trip, 22 00:02:03,929 --> 00:02:04,549 you go to America 23 00:02:04,549 --> 00:02:05,459 you want to go to Disneyland 24 00:02:05,459 --> 00:02:07,389 you don’t buy the hotel 25 00:02:07,389 --> 00:02:09,713 you rent a room 26 00:02:09,713 --> 00:02:11,573 and nobody thinks bad poorly of that 27 00:02:11,573 --> 00:02:12,311 they are like yeah im gonna go there 28 00:02:12,311 --> 00:02:13,531 and use the place and get out 29 00:02:13,531 --> 00:02:15,201 That’s what you should be doing with your living 30 00:02:15,201 --> 00:02:16,546 Find a place where you can rent 31 00:02:16,546 --> 00:02:18,226 Rent, rent, pay rent monthly 32 00:02:18,226 --> 00:02:20,309 Don’t own the house 33 00:02:20,309 --> 00:02:21,274 and take all the money you 34 00:02:21,274 --> 00:02:23,105 that you have put in that house purchase 35 00:02:23,105 --> 00:02:26,323 downpayment extra money fixing it up 36 00:02:26,323 --> 00:02:28,473 use all that money to improve your 37 00:02:28,473 --> 00:02:29,803 business and yourself 38 00:02:29,803 --> 00:02:31,680 so that you can get more money 39 00:02:32,071 --> 00:02:32,741 Right 40 00:02:32,741 --> 00:02:34,309 So I see so many people here like 41 00:02:34,309 --> 00:02:37,095 im gonna invest $300 000 in a house 42 00:02:37,095 --> 00:02:40,449 to hopefully make $30 000 43 00:02:40,449 --> 00:02:42,419 Im gonna make a buyer for $300 44 00:02:42,419 --> 00:02:44,769 or maybe I’ll sell It for $600 000 45 00:02:44,769 --> 00:02:46,119 I’ll double my money 46 00:02:46,119 --> 00:02:47,769 fixed in one place by the way 47 00:02:47,769 --> 00:02:49,259 where no money comes to you 48 00:02:49,259 --> 00:02:50,454 Money doesn’t go to homes 49 00:02:50,454 --> 00:02:51,134 Right 50 00:02:51,134 --> 00:02:52,204 That's a big thing on your career 51 00:02:52,204 --> 00:02:53,494 is moving location 52 00:02:53,494 --> 00:02:54,104 Yeah 53 00:02:54,104 --> 00:02:55,248 I move 5 or 6 times 54 00:02:55,248 --> 00:02:57,078 I can move another 4 or 5 times 55 00:02:57,078 --> 00:02:57,988 Because people who stay 56 00:02:57,988 --> 00:02:59,153 stay in the same place get too comfortable 57 00:02:59,153 --> 00:03:00,083 If you study wealthy people 58 00:03:00,083 --> 00:03:01,687 they are mercurial 59 00:03:01,687 --> 00:03:02,392 They are moving 60 00:03:02,392 --> 00:03:03,392 they are mobile 61 00:03:04,294 --> 00:03:04,754 They are not 62 00:03:04,754 --> 00:03:05,364 They are not talking 63 00:03:05,364 --> 00:03:06,604 Warren Buffet Bill Gates 64 00:03:06,604 --> 00:03:08,248 do not talk about the home they live in 65 00:03:08,248 --> 00:03:09,468 They talk about the place 66 00:03:09,468 --> 00:03:10,326 they are going to 67 00:03:10,326 --> 00:03:11,318 They go meet money 68 00:03:11,318 --> 00:03:12,003 They go meet wealth 69 00:03:12,003 --> 00:03:13,673 They go meet connections 70 00:03:13,824 --> 00:03:14,554 People 71 00:03:14,554 --> 00:03:17,166 are stunningly accepting 72 00:03:17,166 --> 00:03:18,201 of anything 73 00:03:18,201 --> 00:03:19,786 if they are actually believe 74 00:03:19,786 --> 00:03:22,096 if that is the purest form of it 75 00:03:22,096 --> 00:03:25,633 I think I had be less acceptable 76 00:03:25,633 --> 00:03:28,276 if I hedged 77 00:03:28,276 --> 00:03:28,973 I really do 78 00:03:30,888 --> 00:03:32,828 People will accept you 79 00:03:32,828 --> 00:03:34,145 People will accept everything 80 00:03:34,145 --> 00:03:35,235 Just be you 81 00:03:35,933 --> 00:03:36,873 Be you 82 00:03:36,873 --> 00:03:38,693 and clearly people 83 00:03:38,693 --> 00:03:40,543 like react 84 00:03:40,543 --> 00:03:42,093 when you trying to fake something 85 00:03:42,093 --> 00:03:43,651 and you’ve got bad intent 86 00:03:43,651 --> 00:03:45,491 Well then that’s viscera and we hate 87 00:03:46,901 --> 00:03:47,771 But I actually think 88 00:03:47,771 --> 00:03:49,031 we 89 00:03:49,031 --> 00:03:50,001 don’t give love 90 00:03:50,001 --> 00:03:51,081 to the person who actually 91 00:03:51,081 --> 00:03:52,331 knows they have it 92 00:03:52,331 --> 00:03:54,171 and they try to fake it 93 00:03:54,171 --> 00:03:56,531 to conform hence why I won’t 94 00:03:56,531 --> 00:03:57,971 adjust to this market 95 00:03:57,971 --> 00:03:58,821 all the way 96 00:03:58,821 --> 00:03:59,801 because I don’t think 97 00:03:59,801 --> 00:04:00,851 I will be respected 98 00:04:02,221 --> 00:04:03,971 I know what my intent is 99 00:04:04,584 --> 00:04:06,324 So why I would be scared 100 00:04:06,893 --> 00:04:08,203 I want to build the biggest building 101 00:04:08,203 --> 00:04:09,417 in town 102 00:04:09,577 --> 00:04:10,781 that's who I am 103 00:04:10,781 --> 00:04:12,881 And you know how I want to do that? 104 00:04:12,881 --> 00:04:15,201 By building the biggest building in town 105 00:04:15,272 --> 00:04:17,042 And a lot of people want to build 106 00:04:17,042 --> 00:04:18,812 the build biggest building in town 107 00:04:18,812 --> 00:04:21,062 and you know how they want to do it? 108 00:04:21,062 --> 00:04:24,252 By tearing everybody else’s building down. 109 00:04:24,252 --> 00:04:26,922 Poverty is passed on 110 00:04:26,922 --> 00:04:29,462 It's taught in your families 111 00:04:29,462 --> 00:04:32,542 middle classes taught in families 112 00:04:32,542 --> 00:04:33,752 And so the people right now 113 00:04:33,752 --> 00:04:35,702 who were sitting at home 114 00:04:35,702 --> 00:04:37,217 who are struggling financially 115 00:04:37,217 --> 00:04:38,417 or worried about money 116 00:04:38,417 --> 00:04:39,527 or unhappy 117 00:04:39,527 --> 00:04:41,027 they may be making a lot of money 118 00:04:41,027 --> 00:04:44,047 but unhappy with what they are doing 119 00:04:44,047 --> 00:04:45,397 It was probably taught to you 120 00:04:46,037 --> 00:04:47,577 You know your super ego was taught 121 00:04:47,920 --> 00:04:49,440 get a job work hard 122 00:04:49,471 --> 00:04:50,841 or you’ll never be rich 123 00:04:50,841 --> 00:04:51,854 or the rich are evil 124 00:04:51,854 --> 00:04:55,054 or whatever 125 00:04:55,054 --> 00:04:56,854 Until you change your mindset 126 00:04:56,854 --> 00:04:58,134 money won’t help you right? 127 00:04:58,134 --> 00:04:58,574 Correct 128 00:04:58,574 --> 00:05:00,628 We see that with people that win lottery 129 00:05:00,628 --> 00:05:01,808 people that make more money 130 00:05:01,808 --> 00:05:03,225 money they still have the same problem 131 00:05:03,225 --> 00:05:04,413 because they have poor man’s soul. 132 00:05:04,413 --> 00:05:04,943 Correct 133 00:05:04,943 --> 00:05:05,823 If you are poor 134 00:05:05,823 --> 00:05:06,681 you’ll always be poor 135 00:05:06,681 --> 00:05:07,511 That’s really hard for people . 136 00:05:07,511 --> 00:05:08,476 to understand 137 00:05:08,476 --> 00:05:09,836 The money will disappear that fast 138 00:05:09,836 --> 00:05:11,466 just like most pro athletes 139 00:05:11,466 --> 00:05:13,686 they make millions of dollars 140 00:05:13,686 --> 00:05:17,721 and what 65% are bankrupt 5 years later 141 00:05:17,721 --> 00:05:20,248 It’s because they come from poor family 142 00:05:20,248 --> 00:05:22,310 Now you tell them that 143 00:05:22,310 --> 00:05:23,641 they got very angry at you 144 00:05:23,641 --> 00:05:24,861 not it’s a rich fault 145 00:05:24,861 --> 00:05:26,708 you know as "you guys ripped me off" 146 00:05:26,708 --> 00:05:29,358 "and government ripped me off" 147 00:05:29,358 --> 00:05:30,868 But unfortunately what 148 00:05:30,868 --> 00:05:32,218 Mr. Lipton was saying 149 00:05:32,218 --> 00:05:35,848 it’s passed down genetically 150 00:05:35,848 --> 00:05:37,658 That’s the frightening thing 151 00:05:37,658 --> 00:05:38,658 And it’s interesting 152 00:05:38,658 --> 00:05:39,848 when you commit to something 153 00:05:39,848 --> 00:05:40,718 little gifts 154 00:05:40,718 --> 00:05:42,818 just start automatically showing up 155 00:05:42,818 --> 00:05:43,988 It’s phenomenal thing 156 00:05:43,988 --> 00:05:45,998 It’s happened my whole career 157 00:05:45,998 --> 00:05:47,088 When I am fully committed 158 00:05:47,088 --> 00:05:49,062 somebody will bring me something 159 00:05:49,062 --> 00:05:50,972 and then look then keep your eyes open 160 00:05:50,972 --> 00:05:52,002 and by the way 161 00:05:52,002 --> 00:05:53,222 the package may come 162 00:05:53,222 --> 00:05:57,132 wrapped in a package you weren’t thinking about 163 00:05:57,132 --> 00:05:58,082 hard work 164 00:05:58,082 --> 00:05:59,052 or like a voice 165 00:05:59,052 --> 00:06:03,052 Like a person or you know 166 00:06:03,052 --> 00:06:04,602 maybe from different direction 167 00:06:04,602 --> 00:06:06,542 than you thought or an offering 168 00:06:06,542 --> 00:06:08,121 where you like you read something 169 00:06:08,121 --> 00:06:10,801 about this and that’s not the thing 170 00:06:10,801 --> 00:06:12,761 Like all through my career 171 00:06:12,761 --> 00:06:15,411 it’s come in weird kind of ways 172 00:06:15,411 --> 00:06:17,231 If you ask for help 173 00:06:17,231 --> 00:06:20,369 and somebody shows up at the door 174 00:06:20,369 --> 00:06:23,066 maybe let invite them in 175 00:06:23,066 --> 00:06:24,516 regardless of what the packaging is 176 00:06:24,516 --> 00:06:25,696 or what you’ve heard about it 177 00:06:25,696 --> 00:06:26,566 or whatever 178 00:06:26,566 --> 00:06:27,996 That’s really been beneficial to. 179 00:06:27,996 --> 00:06:29,236 How old are you? 180 00:06:29,236 --> 00:06:29,876 44 181 00:06:29,876 --> 00:06:32,246 I think I’m 40 182 00:06:32,246 --> 00:06:33,848 Do you know how young we feel? 183 00:06:35,722 --> 00:06:36,992 When you were 26 184 00:06:36,992 --> 00:06:38,742 did you ever think 185 00:06:38,742 --> 00:06:41,091 that this is what 44 felt like? 186 00:06:41,091 --> 00:06:41,661 No 187 00:06:41,661 --> 00:06:44,390 You thought that was finished. 188 00:06:44,390 --> 00:06:45,740 How old are you? 189 00:06:47,309 --> 00:06:49,299 When I was 25 years old 190 00:06:49,299 --> 00:06:52,009 I thought a 40 years old was finished 191 00:06:52,009 --> 00:06:53,149 I don’t even feel 192 00:06:53,149 --> 00:06:54,409 like I’m starting 193 00:06:54,774 --> 00:06:55,684 Right 194 00:06:55,684 --> 00:06:57,654 Yeah. But when I was 26 I was in a rush. 195 00:06:57,654 --> 00:06:58,724 I understand. 196 00:06:58,724 --> 00:06:59,944 All of those guys 197 00:06:59,944 --> 00:07:00,864 and girls in the streets 198 00:07:00,864 --> 00:07:01,334 last night 199 00:07:01,334 --> 00:07:03,152 When you say that to them 200 00:07:03,152 --> 00:07:04,182 like their face kind of goes blank 201 00:07:04,182 --> 00:07:06,572 because all the stuffs they watch 202 00:07:06,572 --> 00:07:08,152 MTV musically does this. 203 00:07:08,152 --> 00:07:09,482 It’s all about the bling now 204 00:07:09,482 --> 00:07:10,829 and of this now and of this now 205 00:07:10,829 --> 00:07:12,393 Now you know and MTVs tame 206 00:07:12,393 --> 00:07:14,513 You start following people in Instagram 207 00:07:14,513 --> 00:07:15,629 and it’s a disaster 208 00:07:15,629 --> 00:07:16,785 They are all pushing 209 00:07:16,785 --> 00:07:18,915 like you know it’s all about champagne 210 00:07:18,915 --> 00:07:20,115 and private planes 211 00:07:20,115 --> 00:07:21,461 and you can get it too 212 00:07:21,461 --> 00:07:22,989 and just sign up for my court like 213 00:07:22,989 --> 00:07:24,529 and everybody’s falling for it 214 00:07:24,529 --> 00:07:25,849 so I’m coming out 215 00:07:25,849 --> 00:07:28,417 and first of all I want to be historically correct 216 00:07:28,417 --> 00:07:30,617 Nobody in 100 years is gonna watch that video 217 00:07:30,617 --> 00:07:32,038 and say that I was full of crap 218 00:07:32,098 --> 00:07:33,468 I like that right 219 00:07:33,468 --> 00:07:35,248 No 2 I want my legend to grow 220 00:07:35,248 --> 00:07:36,658 I'm always fascinated 221 00:07:36,658 --> 00:07:38,548 by politicians and world figures 222 00:07:38,548 --> 00:07:40,058 Like Winston Churchill 223 00:07:40,058 --> 00:07:41,418 His brain continue to grow 224 00:07:41,418 --> 00:07:42,108 Right 225 00:07:42,108 --> 00:07:43,148 I want that 226 00:07:43,148 --> 00:07:43,888 When I'm dead 227 00:07:43,888 --> 00:07:45,338 I wanna be in the ground 228 00:07:45,338 --> 00:07:47,678 at peace knowing my legend growings 229 00:07:47,678 --> 00:07:48,808 Like I want that 230 00:07:48,808 --> 00:07:49,795 I want that in this business world 231 00:07:49,795 --> 00:07:51,545 And so I'm giving real advice 232 00:07:51,545 --> 00:07:53,383 And real advice looks like this 233 00:07:53,383 --> 00:07:54,253 When you 19 234 00:07:54,983 --> 00:07:56,803 And you can spend 7 full years 235 00:07:57,620 --> 00:07:59,144 Learning your crafts 236 00:07:59,393 --> 00:08:01,393 Meeting people that are mentors 237 00:08:01,393 --> 00:08:02,253 Being patient 238 00:08:02,253 --> 00:08:03,463 And you wakeup 239 00:08:03,463 --> 00:08:05,523 And you're 26 years old 240 00:08:05,523 --> 00:08:07,543 You have entire life infront of you 241 00:08:07,543 --> 00:08:11,123 And you have done great foundational work 242 00:08:11,123 --> 00:08:12,765 To go on and then be successful 243 00:08:14,201 --> 00:08:15,881 You know I have bad luck too 244 00:08:16,987 --> 00:08:18,397 I've had financial crush 245 00:08:18,434 --> 00:08:20,914 And so I've people stab me on the back 246 00:08:20,914 --> 00:08:22,067 But they're all good 247 00:08:22,067 --> 00:08:23,467 Because I grow from it 248 00:08:23,467 --> 00:08:24,891 That's spirituality 249 00:08:24,891 --> 00:08:26,171 You know people who are afraid 250 00:08:26,171 --> 00:08:27,071 of making mistakes 251 00:08:27,071 --> 00:08:28,591 Like they teach in school 252 00:08:28,591 --> 00:08:29,991 They don't ever grow 253 00:08:29,991 --> 00:08:31,341 Because spirituality 254 00:08:31,341 --> 00:08:32,231 as it's good 255 00:08:32,231 --> 00:08:33,431 and there's bad 256 00:08:33,431 --> 00:08:35,131 There's right and there's wrong 257 00:08:35,131 --> 00:08:36,307 There's up and there's down 258 00:08:36,307 --> 00:08:38,257 Most people always want to be right 259 00:08:38,642 --> 00:08:40,402 I want to be positive 260 00:08:40,402 --> 00:08:41,792 But you can't have that 261 00:08:41,792 --> 00:08:42,751 That's not reality 262 00:08:42,751 --> 00:08:44,653 And the average person 263 00:08:44,769 --> 00:08:45,826 the reason they're poor 264 00:08:45,826 --> 00:08:46,826 is haven't failed 265 00:08:47,166 --> 00:08:48,106 You know they play 266 00:08:48,106 --> 00:08:49,926 a sort of safe 267 00:08:49,926 --> 00:08:50,436 They haven't make 268 00:08:50,436 --> 00:08:51,136 any mistakes 269 00:08:51,136 --> 00:08:52,799 Like they taught in school 270 00:08:52,799 --> 00:08:54,559 That mean's they're not learn anything 271 00:08:54,559 --> 00:08:55,759 That's why the school system 272 00:08:55,759 --> 00:08:57,569 actually fundamental corrupt 273 00:08:57,569 --> 00:08:58,939 It's entire education 274 00:08:58,939 --> 00:09:00,079 Right 275 00:09:00,079 --> 00:09:01,089 Don't make mistakes 276 00:09:01,089 --> 00:09:02,599 And don't ask for help 277 00:09:03,867 --> 00:09:04,317 And 278 00:09:04,805 --> 00:09:06,175 If I didn't ask for help 279 00:09:06,228 --> 00:09:07,278 I've my accountants 280 00:09:07,278 --> 00:09:08,348 my attorneys my bankers 281 00:09:08,348 --> 00:09:09,118 and all of that 282 00:09:09,818 --> 00:09:11,548 You know I go into business 283 00:09:11,548 --> 00:09:12,948 Like a rugby team 284 00:09:13,759 --> 00:09:14,779 You know 285 00:09:14,779 --> 00:09:16,039 Boom Boom 286 00:09:16,039 --> 00:09:17,369 We kick butts 287 00:09:17,369 --> 00:09:18,709 But the average guy 288 00:09:18,709 --> 00:09:19,599 Is standing there 289 00:09:19,599 --> 00:09:20,819 "Oh I'm A student 290 00:09:20,819 --> 00:09:22,649 I'm going to this all of myself 291 00:09:23,273 --> 00:09:24,213 And bunch of rugby players 292 00:09:24,213 --> 00:09:25,233 Run you over 293 00:09:25,233 --> 00:09:25,953 You go 294 00:09:26,080 --> 00:09:28,280 "Well they're not playing fair" 295 00:09:28,280 --> 00:09:30,280 Yeah what you're not playing stupid 296 00:09:30,280 --> 00:09:30,991 You should have a team 297 00:09:30,991 --> 00:09:31,641 You should have accountants 298 00:09:31,641 --> 00:09:33,761 attorneys bankers and all of that stuffs 299 00:09:33,761 --> 00:09:35,551 "But that's not the game I want to play" 300 00:09:35,551 --> 00:09:37,331 It is then don't play the game 301 00:09:37,331 --> 00:09:38,531 You know the game of business 302 00:09:38,531 --> 00:09:40,051 is played with accountants 303 00:09:40,051 --> 00:09:40,771 attorneys bankers 304 00:09:42,040 --> 00:09:43,970 Hate to say it Politicians 305 00:09:43,970 --> 00:09:46,160 You know you gotta to know the game 306 00:09:47,464 --> 00:09:49,114 Like I don't want to hustle 307 00:09:49,114 --> 00:09:50,090 I want to prosper 308 00:09:50,682 --> 00:09:51,912 I don't want to grind 309 00:09:52,288 --> 00:09:53,748 I want to create a machine 310 00:09:54,242 --> 00:09:55,442 that monetizes 311 00:09:55,442 --> 00:09:56,158 You know 312 00:09:56,158 --> 00:09:57,666 I'm not shameful of money 313 00:09:57,666 --> 00:09:58,586 I want money 314 00:09:58,586 --> 00:09:59,896 I want a lot of money 315 00:09:59,896 --> 00:10:01,446 I want to give money away 316 00:10:01,446 --> 00:10:03,096 I want to raise a lot of money 317 00:10:03,096 --> 00:10:04,716 You can't do that if you're broke