#111 - Sam Parr Returns: The Scheme King is Back

u yeah i feel like i could rule where i know i could be what i want to put at all in it like the days off on a road travel never looking back sam you're back are you okay what's up you gotta talk you gotta tell us outlook look can you see me i can see you here's my face ready here's a smile handsome as ever that so i saw in the video you you posted a it well we should tell people who don't know who don't follow your face we should tell what's going on so sam was out last week and i've been out for about two weeks now it's it sounded innocent at first you were just like i'm not feeling it i don't know you said like it kind of like got worse worse i got more and more scared it was like i'm not feeling great to like i think i have like a kidney stone to like i gotta go to the hospital to like am kidney failure and i was like what the fuck is going on yeah dude it's crazy so let me tell you the story so i have a history kidney stones so at the hospital they looked at my kidneys i have about thirty kidney stones which is a lot and so like at i'm sorry you've been you've had them and past them i've passed about eight i have thirty in me as of right now oh my god that's not normal right it's not normal it's not good it's not bad it just means you are gonna be in pain like thirty times oh my god and so the other day like two weeks ago i started getting a stone i i could feel them i could feel them coming when that whenever they're about to come and i go to the hospital and i pass it and they gave me morphine and i'm like i still feel sick like i i was like i feel ill right they don't feel well and they're like you're probably fine just like shake it off or basically is what they said and then like three days later i woke up and had this massive rash all over my chest and i had still been feeling sick and to the point of like i couldn't my my legs were hurting me i couldn't like move i couldn't like walk one day i was like i'm dying i was like i think my so i go to the hospital i was like think i'm having a kidney failure and they looked at it they're like yeah you might have an infection or something's going on with your kidneys so they do all these testing like done your kidneys they're like yeah you we see on the casket scan you passed the stone but like your this shouldn't cause you pain and then eventually they're like oh wait we think you have lyme disease and so from do these how do know that they just know so lime lyme disease like they don't have like many tests like they so you kinda do it on symptoms okay and so i had this like my my my teeth were hurting me so badly my i thought i had toothache thick and then my arms were hurting me in my legs like had all these nerve pain and lot that is like a lyme disease thing and i felt like it had a fever just like sick and you been lyme disease from a tick right a tick bite is that right from a little ass tick a a tick can be the size of a period at the end of a sentence it's just tiny and so i call jack smith i go jack man i'm something's wrong with me doctors can't figure it out i go this is not feel right and he goes i know the person need to talk to so i'm not gonna say this person's name but maybe i will one day but basically he puts me in touch with this person and she her story is that she's a billionaire who her and she had a hedge fund and a multi billion dollar ten billion dollar hedge fund and they shut it down because they got sick mh and it was from lime and jack knew her from a some event and he puts me in touch with this woman and she doesn't even ask my name for three days she talks to me for like two hours a day helping me diagnose what's wrong eventually she goes hey you have an appointment with this doctor tomorrow like okay that's cool she told me all about the doctor she goes but it's really expensive and i didn't feel like you complaining about it or like even worrying about it so i paid for i was no you don't need that and she goes no i already like already paid so you don't have a choice so this woman paid twenty five grand oh my god for a private doctor for me and so i get this doctor who's like oh yeah dude you got lime here's everything that's wrong and then just i wake up the next day and my my face is complete like one side is completely paralyzed and that's your what like when you woke up like that what was that light i woke up and i messaged either you or ab bra you i was like i feel ill i don't know what's wrong with me i was like i'm just so tired because my eye i couldn't open my eye i was like maybe i'm just tired it wasn't until three pm that my wife saw my face she looked at me and she goes why you why are you smiling like that i was like what you talking about she's like look at yourself what are you doing i go oh my god and i felt it i go i can't move my face i can't move it i was like i wasn't tired i can't open my eye and i can't took it that long and the day to figure that out i just thought that like i was groggy i thought i was you you're like you know how you like have sleep in your eyes and like that face feels heavy i thought like i was groggy i was like what is wrong with me and she's like you're fucking face it's frozen like it's sound moving it so anyway long story short i've got so wait what did this doctor this like crazy doctor do or say like that was yeah different number he he i'm on and i have an iv me twenty four hours a day for thirty days okay i'm say connected to it like at the end of the night i gotta go and plug this tube oh refill it or something okay yeah and like an iv and it's all a pic line and i basically am taking like thirty pills a day and hopefully goes away and there's no like cure for lyme disease right antibiotics but it's not necessarily a cure but i've learned all these things about lime like i don't even know if it's true or i don't know what i believe but they say that like lime like lime is from you know how like people say that a lab in wuhan created corona and like escaped that's what they like like theorist that's what they think about lyme they're like yeah so we we used to drop ticks above soviet union or in cuba and we would infect them with this disease and somehow that made its way to us god so that's like the conspiracy i don't know what's true or what's not but i i tweeted out that i had it i've gotten literally thousands of messages from people saying like i have this no one believed me i've like i i was in a wheelchair dude it's fucked up it's crazy so what is the front day i woke up just like take these drugs and hopefully in sixty days you'll be better i mean that's pretty much it one day i woke up and i legitimately couldn't walk like i couldn't like my feet like i couldn't hold my body weight but now you can yeah but i can't exercise i can i can walk for sure but like the same way my face is all messed up that's how my legs felt a little bit like that is so insane oh my god and so like no one can see me right now what am i thinking once one side of my face just looks kinda like dead i just like i guy well it looks normal when you're doing when you're not doing anything but when you smile it's more like one side so the other side doesn't it's just like creepy looking so it sucks it just sucks and do you are you like optimistic or what do you think it's gonna happen here i think it's gonna go away and i think i'll be back to normal but it doesn't feel it doesn't feel like it's gotten better so far and i like have have had massive amounts of anxiety like you know how you know how like when you go and get your wisdom teeth hold or get dental work done and you feel swollen and you feel numb in your gums right you don't feel ratchet how if it's like your body locked part to you yeah and and you're like this is never gonna it's like when you're like high and weed you're like is this ever like what did this used to feel like like i feel that you're like what like is has this been like this for forever like what is normal i don't even remember normal it's only been like a week but that's i'm like i just want a shit to wear so should we even do this podcast or should we be like don't know like going and researching lyme disease cures what what should we be doing right now we definitely should do this podcast i i needed to get back to work but i would say that it's like from a opportunity i mean i'm always scheming like that first of all it's so expensive i've had to spend a lot of money also like rich people first like this is an obvious thing but i've seen it person hand rich people like hundred million two hundred three hundred million dollar people they totally have an advantage in this in like in life when comes to medical stuff i mean this is like an obvious thing but now that this woman hooked it up it's awesome having a private doctor this is what rich people do right yeah what do they call house stock or what what do they call it concierge concierge have you heard it have you ever heard of this i heard of this i've obviously never done it never really never really known anybody who did it but i've i had heard about this it is it like i think it's basically just like a doctor on retainer it's a doctor on call for you that will come make house visits when you needed like your treatment is done it's like an alternative whole like health care system that costs like i don't know a couple hundred grand a year yeah or in this case twenty five grand but yes like everything is done on your and you like i could text him and then what i've learned is that like like even guys like peter tia you know that guy i think he's i think technically he's a doctor i don't know if he's a doctor just a smart person but like he gets paid a hundred grand per client just to do this and he's like ten clients yeah it's crazy and twenty five grand is a lot of money but if you make hundreds of thousands of dollars a year it's like i start thinking about this i'm like maybe i should just like pay for this because it is kinda like pretty amazing to like have a doctor handle you all the time so you only need it one time for a make a world if you're coming out of med school or you're like you know a young doctor why wouldn't you go this route of being a private doctor to the rich and famous like out that sounds pretty sweet probably way less competitive than whatever you're trying to do yeah i don't know if it like i i no i mean it's definitely probably not as fulfilling as helping so i mean like i'm in need but i could just go to the hospital probably but yeah i mean i'm in need but yeah i'm not like i don't know doesn't feel i i'd imagine maybe they feel differently but this concierge doctor business it's crazy it's cool yeah it's cool and then like home nurses are pretty cool too so i'm paying like four grand have nurse come to my house and like do all this shit for me it's not man wow okay well we heard a good have you like alright we could talk about business now have you heard a good r i've seen the commercials for it yeah well i don't know what's interesting about it oh my god you have a need insurance it's good r the greatest like ever so they get your cheap drugs right they get you cheap drugs and they're going public and it's like crazy profitable they make like four hundred million dollars in revenue and like a hundred million in profit as a privately health company that's on that's less than ten years old and what it does is apparently in the this it's so complicated for me to understand but apparently in the health care system there's all these middle men and so let's say that like some drug drug x only costs five dollars or something for a prescription because it goes through all these people then it eventually costs a hundred dollars and your insurance pays for a little bit of it and you pay for twenty whatever right what good does is i go to the pharmacy and they're like alright you have do what do you like the antibiotic that i have it's like eight hundred dollars for some reason for this shit i gotta take and because i'm in dude i'm on kaiser which means i'm in new york so i gotta pay out of pocket so anyway i just pull up my app and i just type in the word do this many milligrams this many times like this size and it just says alright what pharmacy are you at i go rite aid and goes boom twenty three dollars here's a discount it's only twenty three bucks and i just show them my phone and they go okay cool why are they able to offer these discounts i don't understand how this works it's so confusing but i imagine what they do is they make an affiliate fee from the directly from the drug provider right yeah it's probably very simple i i haven't looked into what what this is but yeah i i they get your cheap drugs somehow i didn't know if it's because they're cutting out of middleman man or if they're like they're getting a kickback for for affiliate and then they give you a share of their kickback or it's something like that because it's just like a it's new it's like a layer on top of what exists it's amazing and i think there's one called script relief that's another business in the space that's doing this they're the these are amazing companies because it truly provides value to the the person using it you know like it my bill went from two grand at the pharmacy to like a hundred bucks right and it's so profitable so it's an awesome company that's cool okay so we're just gonna do the podcast we're just gonna do the business podcast it's a it's so funny to me that we're gonna do that i feel like i only wanna talk about you but what is there i mean there's the sales i don't know to i i just haven't talked to you in a couple weeks and you're like what did turned upside down well yeah it's fucking sucks i i won't tell you this that like there's the first part of me and i bet this is what you felt but more when you had your daughter which is like everything you thought that was important most of it isn't right but then the second part of it was like also money is so important like like being rich you just are such it i mean i'm not gonna place judgment on it like i'm not gonna say capitalism is bad not not even anything like that but i'm just saying that like having money in this system it's way better shit's so expensive to like be healthy if when you're in need right you know the there's two quotes i liked about this there's one that is you know a healthy man has a million desires a sick man only has one which space it to be healthy and it's so true and then the they the other one i really liked i heard from neville he was i think it's like i don't buddha or confusion or something like that which is every person has two lives and the second one begins when they realized they only have one and i just thought that was like super super deep impactful like my buddy got diagnosed with cancer and like he i told him that quote because there's there's always you know a silver lining and any any you know anything that happens it just depends if you focus on that if you if you get that out of it and so he went and he got tattooed on his forearm the date the date that he got diagnosed and he goes that's the date my second life began and he got excited about it and he was like you know i this is this is the this is my real birth date right here and i thought well so what's he do now i mean what's he feel like now don't know i'm sure you know he's a real human and says it's not like oh what now everything's great it's like still he's like scared so he beep the cancer he's he's still scared that it'll come back right like every time he has to go get these scans every six months or whatever and when he goes back like that's a shitty day and he's scared a shit like that okay the skin gonna happen and they're gonna tell me what are they gonna tell me and so he's like nervous about it but then he's also trying to like you know live it up and also not focus on you know random bullshit and not get caught in bullshit because he remembers when like all bullshit was revealed to be bullshit when he when he felt that so i don't know i don't know he'd answered better than me but that's what that's the impression i've got from him yeah it's messed up i mean the worst thing i like first of all i'm not dying but i'm just uncomfortable but like the worst the thing that's worse after that is like actually dying and then the thing that's even worse after that is your children dying i imagine so like it definitely makes you realize that like i'm not even dying and thank god i don't have children that are dying but like and i'm like super regret hole over i'm like a fuck none of the stuff matters right and so i don't know it's been i i can't even hear a story about other kid people who have kids who are sick like i just can't even i can't even like listen to that story it bothers me so much just the idea that a kid could be sick and i think about my daughter and i'm just like happy she's okay and but i it's like so visceral to me now that i can't even hear another story and i'm i'm not sq like i wasn't sq like that at all so that's definitely like a way that i don't know kids changed me like very dramatically what's crazy is that another thing that's important whenever i go to the hospital because i i used have to go all times with these kin sciences is a good nurse is the most important part of the whole sickness for sure most important part of if a hospital is the nurse and the is the nurses and there's such a variability between good and like that extra ten percent where they're amazing and you just feel so good finally during that right and do you like love when they come in on their shift and they erase the whiteboard and they write their name and it's like yes eight hours of of like wanda wanda that's amazing i i can't wait for this a good nurse it's just there's so much more because you don't ever see the doctor fuck the doctor at the emergency room but like a good nurse is life changing and whenever i have a good nurse i'm like you provide value to the world all i do is like send this email right it makes me feel bad i'm like like and i'm like i'm probably make a lot more money than you you are the hero right you are the person that you should be bitch i always feel whenever i have a good nurse i'm like you just changed my life yeah so i also had this morning routine where i would take my dog for this walk and where i used to live in san francisco i don't if you ever been to my house but it's right next to that zuckerberg hospital yeah and so i could see it so i would go to the like where i'd be playing with my dog and i could see it and every morning basically i just like got this routine in my head that really helped me which was i don't know why like i've i've had experiences like you were like you if you spend any extended period of time in a hospital it's like a very i don't know distinct feeling and when you spend time in a hospital like just the lighting the smells the like just the humming of sounds it's like so specific can just imagine in my head and so whenever i'm there and i could see the hospital i'm i just reminded myself like as long as i'm not up there today is a good day like i said and i would i'm if my mom would come visit and she'd come for the walk i'd be my mom why it a good day because we're and she's because we're not up there and like she knew because i just kept saying that to myself every day so i made it where being happy was really cheap as long as i'm out of there i'm happy and then on the other side i i tried to make it where getting upset i make it really expensive like not gonna get upset over anything small like you got a payment it's gotta be a high ticket item to take my happiness away from me now and those two things in my months my mentality really i don't know like change the quality of my life i feel was just having that that mindset every every single day so that's very stoic of you that's called negative vision i'm i'm sure to say i can't say like the v words negative vis fuck my my mouth then my lips aren't moving but what's it say the word visualization was it visualize so negative visualization and and it's when just go ahead and you assume that like your worst case scenario is true so my kid sick my kid's dead i'm about to die my wife's about to die whatever you assume that all that is gonna happen and then you like meditate on it you're like this is true this is true this is true close your eyes for ten minutes you go this is my life now like i'm alone and then you wake up and you go oh my god i think god it's not true and it's like wake lot dream like and you're relieved you're like yes yeah i didn't miss the test and you know like i didn't get so thankful yeah and that's actually a great trick that i i i read about in a book a s book on stoic systems it's called negative visualization and it's great for like making you be have gratitude which apparently i don't know if there's some woo woo shit but do you know that like if you have gratitude like if you regularly show i mean showing gratitude i believe like it's actually like healthy for you like it can be physically healthy yeah the have you heard of this i don't know but i don't if any of this self measurable but the phrase i really liked was you can't be grab you can't be grateful and stressed at the same time you can't be grateful and afraid at the same time and it's i can pause it's sort like you can't sneeze and keep your eyes open if you're truly feeling grateful you're not gonna be able to feel those other feelings which those other feelings create either a shitty quality of life or literally you know your body reacts to distress in a negative way puts you in a different you know different hormones get released and whatnot so i don't know how measurable any of this shit is but you know air on the side of being grateful won't do any any problems okay let's take a minute and tell you a little bit about this week's sponsor lemon dot io lemon is the perfect solution if you are a technical cofounder maybe you just need to delegate some of the work because you got too much on your plate or you're doing a project that needs a specific technology and if you don't have that skill set in your team and you could either try to learn it and which will take months or hire somebody which will take you know six weeks to find somebody you just wanna have somebody you know yesterday or you're just growing super fast and your company needs to add developers quick lemon dot io is a perfect place to find vetted remote developers in eastern europe they test and interview every developer which eliminates the risk of a failed project and there's a zero risk replacement guarantee so they'll match you with somebody within twenty four hours and if it doesn't work out it's on them so go to go to lemon dot io o and if you want a fifteen percent discount for your first six weeks of development any m m fan that's my first million fan can claim this fifteen percent discount go to lemon dot io slash m f m as in my first million so lemon dot io o slash m m to claim the offer fifteen percent discount for six weeks that's not bad that's a big chunk of change they are much cheaper to use than hiring engineers with other outsourcing even even more than other outsourcing platforms like top and others so check them out lemon dot io o back to this week's episode okay let's let's talk about some random business stuff otherwise people are gonna just get pissed it wait can i ask one thing yeah really quick which is you did four or five or six episodes without without me is there one or two that stuck out i thought the cat cole one was good it was a little bit more like an interview but her story was pretty phenomenal i didn't know it going in so i knew that she was like the president of focus brands which i knew owned ci and i'm just like sitting up on fan so was like okay cool just say no more but it was like auntie andy pretzels and slots skis and mca macarthur some other the brands too so i was like okay you're president ceo of that that's pretty cool but her story was pretty dope she basically started as a hoo waitress while she was in college and then like was you know good as a waitress and like got into hoo corporate as kinda like low level corporate and then like worked their way up hoo corporate became eventually like head of hoo america like gm of of hoo america and then like transitioned over as president of ci and then like went to the parent company of the company that owned ci and now was the president of that and i was like that's a pretty fucking baller path for somebody who came from kind of nothing dropped out of college while she was a hoo waitress like i just thought that was like an incredible story and then she obviously had some good opinions on like ghost cloud kitchen ghost kitchens like is this a thing what did she say i wasn't able to listen to she was basically like she was like it's a thing for sure in highly dense areas and she's like for our business like a huge amount of their business comes from like malls and across america you know what i mean like where you can't do ghost kitchens when you're not and a really really dense place you can do it in new you can do it in you know in san francisco or la cloud kitchens are awesome they're kind of optimal in a way right small square foot not prime real estate delivering into a really dense area you can surf you know huge number of customers in a small radio of delivery but that's not gonna work in let's say i don't know you know sara wherever the fuck sara minnesota is florida whoever that is you know basically not gonna work in the majority of places so you can't like pin your hopes on that as the you know as the model and so she was like down for it but also not down for it at the same time well she just recognized that it's great but not for everywhere yeah exactly and then she was talking a little bit about okay well what are the future of restaurants look like because they're like re architect some of their stores and also she's kind of imagining like okay in an ideal world how would how would our whole footprint look after covid and she had some ideas around like you know basically how how do you make it to that takeout and delivery is like kind of a core part of any restaurant not like this add on thing if you're gonna be coming physically to a restaurant what does the environment need to be for you to do that because now if delivery is a default then why would you go into a restaurant well it's gotta be giving you more than just the food and a place to sit like which is good for hoo right right it's gotta hit some kind of ambiance as we would say i mean they've yeah they've got that built in exactly so yeah and like dave buster shit like that yeah i feel you and then ironically she's president of pretzels and ci bonds but she was very much like food as pharmacy so she was like we're gonna look at food as like a health vector and it's gonna be personalized to you so she had some ideas around that so i i thought that was i thought that was all pretty interesting from her episode that's good i enjoy hearing that sorry the other one was from this guy who did he's a ceo of air garage and he listens to the podcast he's like this is my i go for a walk i listen to y'all pod and i he's ceo have a startup and he came on he gave me he sent me a list of like a hundred and fifty ideas and i was like okay cool you're qualified come on the show and he had one he had two ideas around usps which i thought were interesting he's like look usps is kind of dying but he's like kind of important to america so he had one which was there's these services that will do like kinda like your change of address because changing your address sucks mail forwarding sucks so he's like there's these services where like they store your they become your permanent address and then you just tell them if you ever wanna switch and it change they change you know everything still goes to them and they just re reroute to you now so you kind of have one easy online place to change it in five minutes and then you pay ten bucks a month to be able to do that at five bucks a month yeah i just signed up for one so he was like the usps he's like i want he's like somebody should build a business that just does this for usps they could make an additional like he just did the math and i'm like how many customers they already have and if they just marketed it within their within their own service like if they could get five million subscribers of this thing at ten million dollars ten dollars a month they're eight dollars a month or seven dollars a month like that would be actually pretty significant revenue for usps and he's like there's a no brainer like you just build that and have one partner which is usps and just be the be the brand that does this for them which thought out a funny like all or nothing idea and then another one which was like put cameras on the top of usps and create a competitor to like google street view because we're just struggling around every badass ass of shirley shirley google has been like hey y'all wanna do this come on right come on i wonder what the reasoning has been i mean i don't know but i surely they've been like come on i wonder i wonder what they've said yeah did you this isn't like an idea so i don't really wanna spend too much time on it but it is interesting did you see how oracle bought tiktok yeah i well i didn't know if it was done is it done now i saw something yesterday that was like byte dance refuses to give the algorithm to whoever the us buyer is and it's like well then what are they gonna get i just thought it was interesting and then why the fuck want tiktok like what is the i have no idea i don't understand these big businesses i don't i don't do you even know what oracle does i i don't know what to do it's like database software basically yeah everyone says that and they always say like it procurement or i'm like dude i don't like i don't or like human resource manager or they'll say like what do they say i forget what the what the official phrasing is for oracle whenever companies say that or people tell i'm like i don't know what that means right that's all i feel like sap i'm like sap is what yeah what is sap it's it's like forty billion dollar company and they called it's called like human capital there's not management yeah what's that mean like i think enterprise resource planning or something like that i just don't totally lost i european might be like you know eggs you know the rover no that's what it means that's what it means yeah that's it i just don't know what it means so that's interesting and also do you haven't i've you been making any money in the stock market yeah except for i mean there was like a week where it was like pretty bloody but yeah it made it made a killing over the last few months dude i've been i don't i'm like not and i don't own any individual stocks other than facebook and i don't buy any like i haven't bought a stock in like you know two years it's all automated right i almost regretted not buying more you me yeah i i'm seeing all those these numbers and i'm like oh my god this is crazy i have hardcore fo yeah i feel that way too and then i'm like like this is gambling okay let me just move on with my life to something that is more meaningful to me or that i control a little little bit more but yeah i have like amazon yeah i see zoom and fast and facebook i think that's like my core individual stocks that i own i pretty much only own facebook and smb five hundred right and then like the five hundred dollars in referral stocks that i got from robinhood for like so which is like sirius radio or something right alright well what ideas you got because it sounds like you you came prepared well not really actually but i do you have a couple of interesting things so have you heard of this business called say we i don't know how that's how you pronounce it so it's s sa s a y w e e s a y e it's like there's like three or four e's at the end of it it is a asian grocery delivery company and so like if you look in the google play start it's just we with exclamation point and it's a shop asian groceries and get it delivered so i'd seen these guys a couple times through like friends who are asian who are like oh yeah like when when covid was happening and like couldn't get an insta card delivery or whatever so like oh yeah like think goodness just for say we we still got like all of our good so like you know how actually i don't know if you know this but like like i'm in there's indian grocery stores that exist you probably actually i've never seen an ending grocery store but basically within like you know these little random shopping centers there'll be a small little store that just is for let's say brown people to go and you can get like the spices the certain type of rice and brown people like like we like boss rice we want spices to making indian food and then we want like sweets that are desserts that are indian desserts or whatever and so like my mom or whatever will go shop at these places and so the same thing exists for you know more like east asian or orient cuisine where you'll get like you know different types of food that is more more like you know more of the mother than what you're gonna get at safe or k or whatever and so these guys crush it that they've raised eighty two million dollars so at first i was like oh this is interesting like this is a potential investment and i go look and it's already you know they have two hundred people at the company and it's it where find it i just had friends talking about it i like i'm in i forgot who i i think kevin lee was the first person who ever mentioned it and then this just guy josh alt who's i think he's married to as his wife's agent and so i think they order it or whatever so i've seen a couple of people mentioning it and i was what's the deal with this and and so yeah it's a it's a pretty interesting company i i thought what a interesting niche of grocery delivery that is actually pretty massive right if they've raised eighty two million dollars you know they they have to be valued in the hundreds of millions of dollars and they only have a few locations it's like be seattle you know la and this just serving a few areas to build such a big business and i think very differentiated from the normal like grocery wars that everybody's fighting and bleeding in yeah so whoa this can't be true can it it said so i here's an article on them here's an article where the founder said in two thousand nineteen or alright so eighteen revenue thousand eighteen revenue was sixteen million two thousand nineteen they said they expected forty million and then they seven extra revenue from from the expected forty to what's seven times forty yeah like two eighty holy shit so they're growing like crazy pretty interesting never would have thought that this would be a thing i'm just looking at the founder he used to work at a company called bro it don't know that is no what bro i just you were at bro interesting i never ever ever would've have thought that would work yeah same that's why i brought it up i was like this is but surprised to me what remember when your buddy told you about a halal yeah what is it called the halal loan is halal like the muslim financing yeah so and i guess halal like the is is halal like the equivalent of saint kosher but for muslim yeah it just means like sort of this is like blessed by the you know the religious community this is in line with the religious code so whether it's all halal meat or it's halal financing it's this is in line with our our morals and values whenever your buddy talked about that i was like oh i'm on board with just anything that like non muslims do or eat or drink or whatever and then you just put halal in front of it right i saw this small business our friend ramon sent me this little business that was e commerce business for sale and what it was was small e commerce business you could probably buy it for like two hundred grand i think it was doing like a hundred grand in like seventy grand eb or something like that and all it was was baby mobiles so you know like above your crib you have a little rotating mobile that like is usually like stars and unicorns and whatever like and they just made the muslim version of that so it was all of the like kinda like symbols and or like kind of i don't know like whatever the religious figure are and religious symbols are and it would play religious music rather than like whatever twinkle to twinkle a little star and it's like such a small niche worst fucking website you can imagine it was like just an awful e commerce look awful brand sold one sku and was doing like you know pretty good revenue it was like i forgot it was i think it might have been two hundred grand eb hour or something like that at the end of the day but i like this is like such a healthy little business that is such a specific niche serving a large community that's underserved and like you got a billion muslim people in the world and i don't feel like there's enough of you know i we talked about you know sort of calm for religion and how i would start that with the you know the islamic faith app i just feel like there's just so much more you could do for for you know niche populations and and whether it's dating apps that are targeted towards certain religions or certain ethnicities in this case grocery delivery for certain ethnic foods just feel like you could take popular category and misha it down into a certain eth and do well so i i just i can't get over the fact about how i'd never would've have thought that this this what what how do you say it say we say we i can't believe that you need it's crazy i went to the i went to the website and it's they had to translate it for me it did like oh my my mine's already translated like because your url is say we dot com slash slash yeah so like it's like they're really going after the i look at this serving they're serving four markets and then they just opened up three more so seven cities and they're doing you know according to that like north of north of two hundred million dollars in revenue now i don't know if their counting revenue as like every item sold and they have like five percent margin but like yeah okay let's say that that is the case they're they're doing you know ten percent margin on on that still not bad so let me tell you about another grocer that's interesting so i i was this sounds like i'm just being boo but i was staying at someone's house and i was walking around the hampton and there's this billionaire guy that i've read about his name's john cat mia adonis have you heard of him never okay he's easy to recognize because like if this ever gets to him i'll just onto to his facebook he's super ugly like he's so ugly like it google up he's like fat ugly cat oh how do you spell it cat last name is it's the word cat and then s i and o autofill okay gotcha right now you see him yeah yeah he well is this his wife with him who is this oh my daughter doug his hot daughter my like look at him like he's just like a big old like like coo like he's just a ugly dude yeah whatever who cares it doesn't matter i mean look me i don't even have my face even work so he's just a bail bug and so what this guy did was when he was only twenty one he started this grocery store in new york city call red apple and then using money from red apple he like he like made it crazy profitable like thirty million in sales with like five million and in profit and oh here it says i built it up to ten stores and was doing twenty five million dollars and i was personally earning a million dollar personally earning a million dollars a year so twenty five million in sales and he was paying himself a million dollars and this is in nineteen seventy eight or something then when the the company had like a hundred million in sales for a grocery store he bought this other chain then after he bought the other chain he started an oil and gas company then he started an airline business that he sold to net jets or whatever the big guy is so this and now he still owns the holding company is called apple red apple inc or whatever and they own grocery stores they own radio stations they own this oil company they own everything and i'm almost positive through all my research that he owns one hundred percent of it and i saw interviews with him seems like a great guy he he's trying to run for mayor or new york worth three four billion dollars just crazy fascinating guy and so fascinating because he said something he was like man i work in technology i'd be the richest in the world but i chose a low margin business but i still trust it just super fascinating i think he's an immigrant or his at his mom and yeah he's an immigrant just that hardcore hustle just freaking awesome i'm love learning about these people instead of the typical tech folks yeah that's that's interesting so you you said you bumped into this guy or what happened i i knew what he looked like because he's so easy to remember and i think out new york he's like a celebrity because he like said he was running for mayor so like everyone knows who he is but you know i don't i've never heard of this red apple grocery store so i don't know what it is i've seen him walking down the street and i just was like i'm gonna bring that up for there our billy of the day yeah i like that i like that just the i you i sort of glazed over after you called him so ugly i just couldn't the stop laughing in my head and i only heard half the rest of the story he he also got got the news because he's got like a really beautiful daughter right and he like apparently used he built some app to like spy on his daughter's boyfriend and do like background checks on them and people like call them out because that was creepy yeah but sure ai that's what i reading this article just now could because he's like i i have infrared you know infrared sensors in my home in the hampton i sleep with with the same gun james bond carried under his pillow and i used clear view ai to stalk my daughter's boyfriend date or whatever what character yeah so that that shit's weird but other than that this guy is so fascinating and interesting to me just the i love these types i love they they just seem like the everyday man okay sounds good what other i don't know have you even thought about business ideas or have you been you know thinking about that at all no i basically did not think about that at all that that's okay i'm i'm back on it but i have not thought about that at all is there anything that you wanna so i've been thinking about about because so so we successfully raised this fund to invest startups i've doing a bunch of pitch meetings and each one is like super fascinating what what what's the total amount two and a half million a year and was that so i'm going to that process too though i might put it on hold for obvious reasons yeah but was it is it gonna be good or not good well it's gonna be good it's just a question of like it's work right so like all of a sudden you know i spent a lot more time looking at different companies and doing pitch meetings whereas before it was kind of as i went if i meet a great entrepreneur i would chat with them and informally do it i wasn't my basically i need to deploy five times more capital than i was doing as my own personal investing so then i need to up my volume of of deals and sourcing as well but it's fun because you know sitting with an entrepreneur and hearing their vision of you know what the future looks like it's some problem that you don't even know exist like today i'll give you an example just before this call talk to this guy this guy been doing like climate like clean tech companies in africa for the last like x number of years and so right now he's going after this thing i'll i'll check with them if i'm even okay to say all this i think so he's basically created here i guess let put it differently there's this big problem that i had no idea about which is that if you go to africa if go to kenya and we're not talking about like mud hut like we're talking about in a condominium building and a high rise building you own an apartment you live in that apartment and you need to cook meals every day they don't have like gas stove like there's into the building there's no gas pipe so where we go and we turn on our electric stove and you know fire comes out they don't have that so what most people do all the way from mud hut into condos is they use charcoal or ke or some like really dirty kind of like dirty fuel source essentially but it's you know relatively cheap and it's really all they got so they need to cook you know boil water they need to cook rice and they need to make make meat and whatever else they're gonna do and so people have been cooking like that for for you know decades in in these countries and so what they're replacing it with is a a clean stove that uses wood pellets rather than charcoal and so like you can't you could go you've always been able to cook with this and it's sort of like you know if we go camping you know we could use we use one of these little small you know stove tops and so just was trying to replace it and so what the net result is you know something that is you know ninety eight percent cleaner for the environment and also like even your own clothes like forget forget if if you don't care about global warming most people don't want their their home to just be full of like dark smoke that's just getting into your clothes and like you know you smell like smoke for the next three days but that's just life there and so it's ninety eight percent cleaner it costs half as much to be able to to do and it cooks in half the time and so you're get this like a better experience all around and so and they're doing the kind of nest cafe model where they give you the machine for free and then they sell you the fuel on every month because you're gonna you're always gonna buy you know cooking cooking fuel every single month because you need to cook and so pretty interesting business it's pretty interesting problem that they're solving and you know that's the type of fun i get to have now so would said the fund is good because i to see this type of stuff do you think that it's gonna be a i mean a two and a half million dollar fund unless it's like one the best funds out there which it could definitely become it probably won't be a needle mover in terms of personal wealth creation that correct or am i wrong that's correct but it's remembered it's two half million per year so when most people raise a fund they raise let's say a ten million dollar fund they deploy that the fund takes ten years to return but they deploy it over let's say three years and so that's actually a three million dollar a year fund so this is the this is the equivalent of call a seven to ten million dollar total fund and so then you say seven to ten million hundred dollars the math works out where let's say we do very well and we four four x the the fund gross so we we turn let's say seven million dollars into twenty eight million dollars of gross returns and then of those twenty eight million dollars i get a twenty percent carry on that so i get twenty percent of twenty eight million gross so four five bucks over but it's over seven to ten year period so then you think that potentially this is gonna be a it's not gonna be a need moving i hope that in seven to ten years four million dollars it's not in need to mover that's my goal with all my other well do you think that you're just gonna raise more and more money i don't know i'm gonna try it i'm gonna maybe i hate this and maybe after a year i tell everybody okay i'm not you know that money's is deployed great and for next year i don't want any more money like i don't wanna do this anymore but i think what's gonna happen is there's i sort of view this as for me financially it should be good but it's not gonna be like oh my fucking god this is how i you know build my my kingdom type of thing but i just like sit in front row for like people doing cool shit and this is an excuse to this is this is season tickets to sit front row right i'm gonna get to see a bunch of entrepreneurs my investors right i'm gonna share all my updates with them and they're gonna get to see what are the companies we invest in why why not and how do those companies are growing kind of in the private confidential side of things and so i think it's gonna be i think on a fun level it's gonna be a game changer for fun and on a wealth level i i hope that in seven to ten years making four or five million bucks will not be game changer yeah so we're in the we're we've been in the process of business for a while like you were and obviously i three weeks ago i was like hey let me talk to you in a little bit and so i guess we'll go through with it but you see from an outside perspective it definitely looks easy but then you're like get into it and you're like there's is gonna be a lot of work it's gonna be a lot of work like being an investor just like all things once you get past that like like for example my company the hustle like i worked really hard but i definitely worked harder to get it off the ground and so it's like one once you once you get past that point and it's like yeah this is a good life but in the early stages like oh this is i'm just you're just starting a business from scratch again yeah yeah totally i i think if you're doing it to make money there's much better ways to make money as a fun if you're the manager of the fund if you're an investor cool you're putting a small amount of money into like a higher risk asset class and you're not gonna do any of the work so it's great but if you're the fund manager there's way better ways to make money than doing this and so that's where that's the position that you're in or i'm in and so you gotta i think if you're gonna do it if you're a fund manager you need the fund to be a fifty million dollar or greater fund for it to be good for finance financially personally and then if not you're doing it for the sort of enjoyment because you are just sort of down with the start ecosystem and this is what you would this is a hobby as a well and if you did it even if you did a fifty million dollar fund what a lot of people would realize is like you a million dollar fund great you better not be hiring than anyone but maybe one person yeah exactly so like on a fifty million dollar fund you're gonna be taking your two percent management fees so i i took zero percent management fees so again because i'm not doing this as a way to for me to personally make money every year on fees but you know for two percent two percent fees you'd be getting a million bucks a year for all your overhead your legal cost your fund administration your employees your whatever marketing and so if you have two partners that's like let's say five hundred k each that's that's no joke that's not that's not something to to sort of sneeze at but typically somebody who's able to raise a fifty million dollar fund is earning more than that already in their current job or business or has or has earned more than that and so they you know they're not doing it for the five hundred k a year of fees net of expenses yeah it's it's definitely a fascinating exercise to look at all this stuff i've definitely enjoyed it though we'll see if we do it but it's it's i'm i'm happy you were able to do that we did all the money pretty much came from your twitter yes no yeah so half of it basically like let's say sixty percent of i think came from twitter and then other forty percent came through kind of like hustle like basically good do reaching out and doing different doing different sort of marketing and sales techniques to try to get people through the door and get them to close good well congratulations rolling fund is just pay as you go and before you know let's say i wanted to go raise a ten million dollar fund there would be a specific time that i would open the funding window i'd say okay i'm gonna go for six months i wanna go talk to a bunch of rich people i'm gonna try to raise this money and i would have to raise my full amount then sometimes you do like a first and second tran but like for the most part you're gonna go and you're gonna raise a bunch of money up upfront and then you're gonna spend the next few years investing it a rolling fund is different rolling fund i could start today every quarter is basically like a new little fund every quarter i can take on new investors investors who are my current fund can go up if they want and they could take a double down they could invest more or they could stop and they could say i don't want wanna invest any anymore after after four quarters so it's just more lightweight more flexible for the investor side on the investor side you you just pay quarterly so like my minimum is six thousand dollars per quarter so people can pay six thousand six thousand six thousand over the course of the year they invest twenty five k but not in a giant check at once and then for me as the fund manager i don't have to take six months twelve months to go raise my fund i just start raising it and start deploying it and it can keep growing over time like next year my fund could be twice the size if i wanted to if i wanted to keep taking more money in i could double the size of my fund you don't get that type of flexibility with a traditional fund if fund is sort of set in and how much you raise and who owns what so angeles basically the fund runs on angel is they take an administration fee and they built the the software so the way they're actually doing it it's nothing in the law changed what they changed was they just automated it so that every quarter they're actually spinning up a separate entity that's gonna be a ten year fund for what's called a q four twenty twenty let's say and then when the next quarter happens they're actually automatically under the hood they're creating another entity with that with that quarter investor batch and so normally if you went to a law firm me you said hey every quarter i'd like to create a new fund i wanna manage that fund for ten years and it's gonna have different investors in every quarter they'd be like what the fuck are you thinking like this is gonna be you know really taxing legally and really complicated to keep track of but did it with software and automated that process what else do we wanna go everything else or we wanna end this at fifty three minutes let me scroll through our list we're gonna have to build this list out i had two i wanted to do today further i forgot the other one cool alright i i don't remember what my other one was we have to go back to start filling this out again now that you're back we get back in rhythm so we'll we'll call it here yes and thank you everyone for all the kind of wishes i got like literally a thousand dms i appreciate it i'm i don't know if he'll reply to everyone but thank you and we will see you next what well in two days yeah alright sam welcome back good to have you back alright i'll see you see you