#188 - What It's Like to Be Rich, How to Respond to Growth Plateaus, & the New Neighborhood 7/11

it's really effing hard to start as two sided of marketplace and when you do the prize is a billion dollars you know in your pocket yeah i feel like i could rule the world to i know i could be what i want to from at all in it like a days off on a road less travel never looking back alright what's up i was thinking about the beginning of these because if you watch like joe rogan joe just sort of rolls into the conversation it's actually starts like mid sentence of what they're already talking about and i think that's kinda cool was pretty casual and then you have other people that really try to like brand their brand their beginning so i'll give you a couple examples and you tell me which one you think is a good idea so the all in podcast which i like is hosted by jason cal and then what he does is they have the what they call the cold open which we do sometimes too which is you pull a the kinda like the most interesting or funny one liner from the middle of the episode you put it at the beginning and then you roll into like the intro song where it entered he kind of it's like a custom song that introduces the four people it's like cha the black king you know david free the king the queen of quinoa or whatever so that's like one version then there's you know scott adams the guy who started gilbert or writes the dill comic he does this thing every time he does live and he he used to do live streams like every day or something like that and he would always say let's start with a ceremonial sip and he would like hold up his drink to the camera he would have you do it too even though you're not even on camera you're just at home he's like everybody's let's do this and cheers alright here we go and he's like he talked about it he's like he's big on neuro linguistic programming nlp and and so he's hip note he's like a trained h or something like that and so he's like you want to like associate the same sort of like he's like doing this with my tea is brilliant or your coffee because it has a emotion it has a taste it has a smell and it has a auditory thing i'm saying every single time the same exact thing and so i'm basically programming you for a certain feeling or emotion of the live so he's like really you know going hard at it our buddy pump does the same thing he's got like his little catch phrase where he starts he's like bang bang everybody and he does this little finger thing at the start of every single video very specifically does the same thing every single time so what do you think about that i like the joe rogan one to just roll into it dunk tries off yeah did you agree i i definitely think that other one's more effective but but who cares like you know i think if you have to try that hard i think it's fine i guess think it's fun to do if it's whatever if you think of something but if nothing comes naturally i i don't think you should force it because it's just more likely like awkward than anything else at that point and in general i think that like i tweeted this out about twitter bios i don't know if you saw this tweet did but i said here's the twitter bio paradox i showed two people side by side one was dan gilbert who's been our billy of the week before so like an an actual billionaire so i ever wrote this guy's a baller and his his bio makes him try to sound like a regular guy because his his his twitter by was like you know family man retired pizza delivery driver you know trying to make an impact on just many people as can and then it's like at cab at quicken loans at whenever like his company like yeah he owns an nba team and like a a a ten to thirty billion dollar company or whatever and then i put it but the other side it just puts up some random guy i i had to snip some some guy it didn't mean nothing personal but i just searched on twitter forbes thunder into thirty to see who would be putting that in their bio because that's the ultimate tell that you're trying too hard because you know we've talked about before it doesn't mean shit and i found this guy who was like investor entrepreneur innovative philanthropist pissed exactly forbes thirty under thirty finalist which people were just making it fun of them like dude you weren't even forced you were a finalist you're like what at the top thirty thousand people or something and then it's like you know international speaker renowned you know whatever i can't and then he at mentions like two companies that he's like you know started or whatever and nobody's has ever heard of these companies and so i said on one side do have a baller trying to act like like trying to counter signal that he's a regular guy and on the other side do you have a regular guy trying to signal that he's a baller and you know this is the the paradox of twitter the harder you try the more tell that you're still trying and and you could see this across the board there's you know a lot of people have no bio and the no is like my name speaks for itself you either know who i am or i don't care i i've achieved so much fame that i'm not trying to impress you so i think that's a pretty interesting tell and and i like the the term that somebody pointed out for which was signaling and counters signaling they're actually both signaling the rich trying signal the the rich guys trying to signal i'm just like you don't mind me don't hate me and then the other guys trying to say i'm bigger than i am right but both are both are signaling oh you wanna do some questions yeah it alright i'm gonna ask you a question alright for that people asked us this is a funny question i don't know if i wanna answer this we'll let you do it oh dan compile alright dan but let me ask one first what's it like to be rich yeah it's sweet it's sweet because you don't have to worry about a bunch of things and so yeah it doesn't take away all your worries but it takes away all your money worries so if you've ever like you know boom you get hit with a like my car was in an accident it's like oh shit i'm have to pay like thousand dollars to get this repaired if i didn't have money lying around that's a that that can ruin a day real quick they can ruin a week real quick they can ruin a month and so yeah it's sweet to not have to have certain set of worries or things that just are downer do you have a number so we what's interesting is that you know there's this idea of having a number of like i'm ready to retire and like a lot of studies have been done and very like interestingly a lot of people will have a number that they're at and then if you double it that's what they like on average people say look so if you have five million dollars but had ten i'd behalf only i had ten yeah yeah or if yeah i have ten off five twenty i'd be happy which is always kind of funny it's like three inches in height everybody wants three inches in height right do you did you have a number do you have a number yeah i did and then some people who were way past that were like dude that number is not enough never was six i used to say six million because i done some calculations and i was like oh six six should do it where what i was trying to calculate was if i had six that was like working for me six million invested i was saying okay with x you know average annual return does that cover my life burn even if my life burn was twice what it is today and and people were like yeah but you know that rate of return is a little bit like too optimistic and your life burn is gonna go up more you you just haven't really figured that out yeah you know the more money you have the higher your life burn gonna go it's hard to really be disciplined disappointed about that so do you have a number now yeah so now i think the number is i don't know i i think twenty is the number where i would now have to like think of different ways that like why money matters why why why more money would matter to me like all the obvious things would be more than taken care of at twenty million so what's funny is i've talked to about this with as well and the people at twenty say the same thing forty maybe a forty maybe a forty so i don't know when that when that stops i used to like one and i used to think six and then once you get there you're like okay you're you're at six well no six this is i'm not i can't stop here right twenty maybe at twenty and then maybe at twenty i'll do the same thing what do you think it is so i think it definitely like yeah fifteen to twenty like if you have fifteen twenty million dollars at a really young age like you know let's say thirty one like it's you're set hard to lose it's hard yeah yeah yeah i can i can lose ten million and still have ten million so like it's hard to lose now you're not flying private but you're living a really nice life and you're never gonna work again but here's the thing guys like i don't know about you but guys like me even though i say i'm not gonna work anymore i'm always gonna work yep and because work is play so i have someone who could earn twenty million dollars at a young age i think they're are set regardless because they're always gonna be able to earn that's a very good point age the age definitely matters because it's all about sort of how many years of compounding are you're gonna get from there so i think and i was doing the math basically like at a seven point a half percent return so like if you believe that the trailing hundred years is going to repeat itself for the next hundred years then you can if you believe that that's that's to be true then your money will double around not every nine years so twenty at thirty becomes forty at forty which becomes eighty at fifty which becomes for one sixty at sixty and that becomes a billion by the time you're ninety which is kind of wild how about now the question is like well when we're ninety like is a billion even gonna mean you know not much who knows but like that that growth is quite phenomenal and that's really hard to grasp unless you put it in front of you so getting wealthy ish at a young age i think is very significant yeah yeah okay so that's fine i don't know i like i gave kind of a generic answer which was what's it like to be rich i guess like i didn't what what i'm glad i didn't do was say oh you know it's not as it's not as good as you think what's a lot of people say a lot of people will say you know i thought it'd be great but then i realized that you know what really matters his family like yeah dude i know the family matters right i'm asking what the rich part of the experience is like you how's is that how's has that bed for you and and i guess what i would say is like rich whatever rich means to you you know the the main the main benefit from my perspective is that there are just certain things you don't have to concern yourself with or work or or worry about anymore you know the biggest being if i don't wanna work or i don't wanna go to this job i can just not do that i could do something else with my time right like the money has freed up time time could be now invested in any activity you want and that tends to be like you're picking that now you're picking stuff you really enjoy or do you think really make an impact rather than you know something you have to do in order to pay next month's build andrew asked outside of business this is andrew what do you research and read about i'll go first i read a ton of history i love american history starting in around eighteen sixty going all the way up to about nineteen fifty i think that's when cro capitalism kinda came to like kinda went away and all the regulations that came into place in america kinda came to be and a lot of interesting stuff was going on there i also love reading and listening about the mafia because i think what the mafia did is like as american as apple pie like it's so fascinating to me so i read ton of history and i researched a ton of ton of early like early american stuff so i'd like to go to museums and and look at old architecture from that era wow we couldn't be more different alright so outside of business i would break it into three groups i study your research what the nerds are into right now so anytime you know smart friends who are kind of like technically minded if they're into something i it takes me probably five times longer than them just to understand that that new technology but i put in that time because i like it and so like you know somebody mention something that hey you know this ai thing you know is is that able to predict protein folding and i'll be like protein folding i don't know what the fuck proteins fold for what's protein folding all about what do people tried before how do they even get this to work what is actually machine learning what how does that work you know like and so i try to i try to basically study with the nerd study that's one two is more of like the unwinding which is sports i'm like knee deep in basketball you know stuff so i like to follow all the storylines stats you know that sort of thing and then the last one that i would say is self help or some kind of like mindset so i think that you know people probably at this point if you listen to this podcast you know that more than anything i'm a believer that if you can master your mind you've won the game and i think that that's the hardest hardest thing to master is your mind and i wanna read all the different ways people do that and try them in self experiment and then go back and research more so that's the third thing i do how did success influence or change the dynamics of your romantic relationship that's a good question but we both have been from julie julie da villa yes julie had that's a good question that's special so far so i was i met my wife right when i started my company and before that i dated a ton i i was i was a big dog i was a i'm not saying it was successful let me change that i tried to date a time yeah so i tried to i i liked women it didn't always work but i prefer being in a relationship being successful has been cool with my wife because it feels because we are manage our success together and like i think that both of us our wives were successful before we were yeah my wife yeah we're at least way more liquid that's they made they made more money faster than we than we did dude i'll say it i mean shoot my wife was a self made liquid millionaire before iowa right yeah i think the same i think same same true for me so so that was that's the first part like you know how it's really you know how was success for them was it's the real question i was like twenty working with marrying this broke you know broke entrepreneur who keeps trying to say he's he's living the big dream but you know where's the where's the success for like you know it's five years that that's that's the first question so yeah when i dated sarah her mom was like so does he get and her parents are entrepreneurs they kinda got it like to have a job like well no he's should've to start this conference thing or where does he work well he can he work works on his laptop he can work anywhere and they didn't get it and so my first year i made like twenty grand and then like he's a wedding planner i think yeah like so anyway like it the my wife had a full time job and she was probably make six figure straight out of college she went and i believe school and went to facebook anyway how how hasn't it changed the dynamics it's made it my opinion way better do you got we do all our finances together we moved once a week and we go everything do you when i started when i started dating my wife she she had just bought her first house she was driving a bmw m three sport i was living under my parents house in a like they had like a in un un permanent log unit that i lived in with my my best friend from high school who lived there with me and you know that's where that's where i he didn't have a car didn't have a house i had a job i had a good job i guess but yeah that's that's how we were when you met and then you know great what does he do he's a ceo of a startup up okay so you know it's virtually virtually unemployed like on the brink of unemployment essentially was was the situation i i'll say what which is as you know as good things started to happen so got got promoted from like a product manager to ceo of like the company and then from ceo to like you know investing and then selling the company and all that stuff there was definitely a period where i got a lu cocky where not intentionally but i i looked back now and i'm like i was kinda kinda of being a dick i sort of thought all these people i hang out with that are like you know super successful i felt like they didn't have to deal with any of the bullshit at home that i was dealing with like okay yeah i gotta take out the trash you know does my investor take out the trash i don't know maybe if that somebody takes out the trash for him right like oh i have to you know wake up like right now i wake up in the morning at seven o'clock and from seven to ten am you know i'm on daddy duty taking care of the baby and i was sort of like don't was supposed to have like na for this i i was like very spoiled in that sense and i thought well no i'm the like successful working guy right so like i don't have to do these like normal things and so that was my like entitlement to myself and then i realized two things one is yeah those guys do that too that's either a lot of the people that i was talking about that admire they did all the two they just didn't complain about it like a little bitch and then the second thing was that they that like who cares like do whatever do whatever works for you and your family and like stop being stop holding your time as more valuable then my wife's time or that my kid's time or my dog's time or anybody else i used to kind you talk time i i used to think my time was the most precious and now i don't know i'm sort of like you know it's our time we gotta use it how we want do you i i think it's cold we're both married i think it's cool to have this like team mentality you know when my wife and i so i i we're both catholic and even though we don't practice anything i was like we have to get married into catholic it was important to me and what that means he's gotta meet with the priests and he was like so why are you getting married and and we were like well we have similar values in life we have the same goals we just we both wanna take over everything we wanna have children and raise them in a particular type of way we wanna share our assets and pull together and he's like whoa what about love do you guys love each other and we're like oh yeah yeah yeah that's too and so like for us it was definitely we definitely love each other but also and there was partnership yeah like it's very this is a very practical way to like live go through life like it's very it's easier for one another when you have someone that whose family can count on don't no matter to what they're gonna have your backs so anyway i've been enjoyed having a little bit of success while being married if you're single i guess the pros could be like you could just like fool round with people weigh out of your league but i do think that it would be exhausting and actually probably not as fulfilling but maybe more fun man i look back now when i i was single you know i was twenty five years old single didn't own a position in the world and i was managing a bunch of people who were ten twenty years older than me had kids had families had mortgages had all the stuff and i thought at the time i was being super understanding about it and now when i look back i'm like oh my god i was such a idiot like i just didn't understand how how hard it is for these people to give this much to a startup when they have all these responsibilities and obligations at home and i was you know just a free bird twenty five years old and you know i could piss my time away it didn't matter and like for these people that extra one hour they were at work was now threw off the whole dinner time bedtime schedule for them their kids their wife you know like all this stuff and so i just look back now i i you know i apologize to anybody at worked with them because i didn't truly understand i thought you know this hustle culture was the was the right answer then and now and i didn't realize how much they were already giving and i always wanted more what you let's do two more what pandemic behavior do you wanna maintain yeah basically the last year was you know it sounds insensitive so whatever maybe that's that's the case but last year was the best year of my life same you know i had a blast and i a whole bunch of life events happened right i had a kid i became a dad and you know but i this everything i i grew up my hair i built a home gym i started working out regularly i you know you know i've working from home so i just had way more time with my family with my wife than when i was commuting every day and was at the office all day you know this podcast has been a lot of fun this has been like ten amazing things that happened this year that made this year literally the best year in my life so in terms of pandemic behavior i would say i definitely don't like getting close to people and we're shaking their hands anyway so you know good i'm just gonna keep keep not doing that but i would say like the home gym daily workout at one pm is definitely the behavior i need to like keep going with i agree i've i've gotten in wonderful shape throughout this and that's the one i'm gonna maintain yeah alright last one maybe i'm curious about this favorite purchase one alright okay let's do let's do three of these let's do if you're were twenty one again what would you be doing i can't stand that question but i'll answer it yeah what is it if i was twenty one now in two thousand twenty one i don't i don't know what would let me think what would you be what would you do i think i would go on tour with in the most like interesting spaces with the most interesting people so i think what would do is i would say hey i'm a hired gun you pay me whatever pay me five k a month ten k a month something like that flat fee i'm gonna come work my ass off for you for three months if i love it i'll stay on but by default you're gonna get just like somebody unbelievable will just right hand man to to deal with any headaches or problems you have and you'll never see somebody you know work harder and smarter if at figuring shit out than me and i would pick basically like four or five people that i thought were amazing that we're doing things an interesting field doing interesting projects and i would pitch that to them and i would if they said no i would find the next five people and i would just i would go on to us i would what i i would treat twenty i would treat work like i would treat i would treat like marriage in the sense that i would focus on dating figuring having fun figuring out what i love love what i like figuring out what likes me and i would be in no rush to like find the project or start the company or like pick a career i would say cool i'm gonna go on i'm gonna have these these little three month relationships with bad people in bad spaces and you know just is i commit to doing that for two years and then i'll figure it out after that like a that'll be my mormon mission i would probably my goal at twenty one would be how do to become a liquid millionaire by twenty five and then after twenty five i could dedicate a little bit more time to like a big purpose or how do i create cash flow and so i think i would wanna start a blog something like that and try to sell it in the next two or three years i would i would not try to do that because i think that you know if we're measuring the score on like a i don't know ten year period or twenty year period then i think i would get more value by being at the cutting edge of certain spaces certain industries and being seeing what like like a plus plus players are like when i work with them and earning their trust i think that's a lot more valuable alright last question best purchase over two grand and under one hundred dollars over two grand for me it's gotta be this rowing machine that i bought for about two thousand dollars it's called or i'm am obsessed with it or i bought a pretty nice mercedes that's really fast i go and drives every morning and in the afternoon and it just makes me happy for under a hundred dollars under i don't know i i have to think what about you i would say this camera that i'm using right now because when the whole world went remote everything's done over video and yeah i i used to just use like a mac air mac air laptop makes you look like you know an actual like prisoner of war in uganda when you go on a video call and so this having a dope camera is great for the pod but it's great for every single meeting i feel like i feel like i'm putting my best forward and i look great i feel great i think the other person you know treat you differently depending on how you show up and so i think this one camera is like the equivalent of buying you know a closet full of ten thousand dollar suits you know and without any of the headache of like wearing a suit so that was a my under a hundred dollars is an aero press i love my aero press what does love it that's a coffee thing a coffee coffee thing it's like a it makes individual cups of coffee is badass i use it all the time under a hundred dollars okay i got this for free from jack smith jack gave me his the gun and i fucking love the the gun jake gave it to you yeah he had like an a old one or something like that he he he he got a new one or i don't know what i know why he i had to go buy and knock off on amazon yeah that's what i was gonna do and actually then he messaged me was like hey i have one i'll send it to you and i was like oh i'll buy it and he's like no just what's your address i'll send it you and i was like jack good guy and now i told i sent him a message i was like dude i use this thing every night i think of you every night because i'm like i love this gun i love jack for giving me this guy this thing is amazing do you want do you wanna an update on some numbers yeah so this month may may is over now but in may we're doing a podcast push so we got about six hundred and thirty thousand listens so that was the number we were to put that in perspective that's plus i think four thirty nine percent month over month and so that's forty percent month from april to may and then the month before april march march to april was a thirty percent and then the month before was also a thirty percent right so basically since you started saying i'm gonna focus on growth this things started growing between thirty and forty percent month over month we doubled in the time that you said i remember we were at three hundred something thousand then now we're at six hundred something thousand yeah downloads per month now i don't think i think june might be stable the reason why is because i don't think people are gonna be listening as much i saw a distinct drop on monday like mondays is we normally have thirty five thousand listeners this monday was eighteen thousand right so i think i think we might hit a little t sa but that's okay we gotta to know to expect that but we're gonna keep trending but i think that we're gonna hit a million soon and here's some more stats our top rating we are number eight in itunes and in spotify in the business category which is pretty good number eight number eight wow we are in number eight still right now in spotify and for some reason we are number one in britain in the investing category i have no idea why but that's the updated numbers i'm pretty proud i think you should be proud too a few things that people loved trunks thing was amazing people loved is your short ones people loved you did want today on but that was june but yeah people liked you so far i think yeah i i'm gonna i'm i'm posting that on youtube but i'm because it's like my story i'm gonna put that on my youtube i think i deserve that and i i think that that's gonna go viral but the numbers are good we grew a lot it's working i think the best thing you said was to there will be a plateau whether it's this month or the next month there's always a plateau and i've talked about this before which was one of the biggest lessons learned as a as somebody trying to build shit is that these plateau happen you should you know i used to think oh plateau means the you know the world is the the sky is falling this isn't working you know change everything no blah blah blah blah it's like no the you know the the dabble quits and goes and does a different thing the stress gets freaked out by the plateau thinks that they did something wrong and takes it personally and the master says oh there you are i thought i thought you'd be here soon hello and then sorta of dances with the plateau it figures out how to get to the next level again so i think we're gonna probably plateau somewhere here in the six to seven hundred thousands per month before we shoot through the million per month and i was working with my wife yesterday she wants to launch a course you're you've inspired her sean and she was all excited to start this thing she's been talking for a months since grad and yesterday she was like halfway through recording the content and everything and she was like i feel horrible i'm like a you're there right right you're there i've like percent mark yes and i like i talked to her and i was teasing with but i was like third do you know why i'm good at what i do is because i know that that is normal and i keep going and do you know why most people are not what who they wanna be is that's what they stop right but so what you have to know is that point where you you start high and then you get to low when you're a little bit into it you have to a recognize that's very normal that is incredibly normal and then you keep going just like if you're exercising you're like oh i'm starting to sweat i'm starting to sweat it's like oh okay that's normal that's part of it now you gotta keep going and keep going right right right exactly if you if you put down the the the butt you know the the dumbbell every time your muscle started to burn you would never never you never grow right because the burn is right where it starts you know the the growth starts and so i think for pre launch there's three points everybody hits that the first time you hit them you react pretty poorly typically the first is the overthinking phase that's before you get started the second is the fuck this the the the the despair this is never gonna work this sucks the thing i was so excited about now that i'm doing it and it's harder than i thought oh this is this ever gonna be good that's where your wife's at right now yeah and then there's the last bit when you're at the ninety percent mark and the perfection comes out and says no no no it's not good enough yet people aren't gonna like this it's not gonna work and you're actually at the ninety ninety five percent mark and the perfection wants to pull you back to fifty percent say no no we need to do all this other stuff before we go out there so i think those three points overthinking then the point of despair and then the the perfection point they happen pre launch of every project yes so it's very normal so let's talk about a couple ideas which i think you're gonna you you've got some stuff yeah by the way also the live shows are happening i guess by the time this gets released they'll have already happened so you know whatever but after this like literally i might have to cut this ten minutes short because i gotta pack my bag i'm coming to your house in austin and then we're going to miami it's gonna be awesome can i just say that i think this is gonna be a game changer for us i think that we're gonna see it's gonna be fun to see these excited people you know it's crazy as sean and i like planned to do this like two weeks ago or we have been talking about it and then one day he texted me he goes do you wanna go to miami for this time and we were gonna go to crash someone event and i even know but we just said fuck it yeah and done it's subtle like we did over a text and then we got everyone rallied around it and i think a hundred people ish are gonna come to the austin one and then i think we're at five hundred for miami and it wasn't until today that i thought and we're speaking tomorrow so recording this on wednesday but you're hearing on friday we're it wasn't until just now when i wreck for the podcast i told dan and what to do but i was like oh i guess we have to figure out what we're gonna say right what are we you gonna talk about so i i told dan i go dan send out a google form to all the attendees and just have three things what look what city you're in what question you want answered and what your first name is and then we'll just like see the trends of questions and then right maybe we can just rattle i think you told me that idea and and and we'll just rattle that off but yeah it's cool man you know like what if this this sounds so lame because it's just internet nerds like you and me but what if like me oh and jack butcher coming now what if like me you and jack and andrew and all these like like these losers online on two one them yeah if we had like a nerds on tour i'm pretty sure we could get like ten thousand people to come to each one yeah yeah i think nerds on tours is a cool idea and i think we should just do it maybe you know early next year we we do we go nerds on tour that's actually a great idea it's isn't it funny how all the name is great dan let's grab that domain nerds on tour let's see if that's available okay right now alright you wanna what's what do you got what you got okay so let's do some ideas okay so neighborhood seven eleven so what does love neighborhood seven on by the way so i don't know what kind of neighborhood you live in i'll find out when i go to your house tonight but my neighborhood is kind of like i'm in the suburbs and so i don't know in this neighborhood there might be hundred homes and the there's like a gate at the front and it's sort of like one of those neighborhoods where it takes you seven minutes to just get from your house to the front of the neighborhood because you're you know you wanna go to the the grocery store the grocery store is only two miles away but like takes you seven minutes to get out a neighborhood then another ten minutes to get there it's seventeen minutes like round trip and and there's just like a hundred of these neighborhoods or a thousand of these neighborhoods in the suburbs like everywhere i go in the suburbs of california it's like this and so i started thinking about two two ideas that came together as one in my head so the first was there's a startup we had talked about called fridge no more and yeah we we talked when we talked about that it was like just starting i'm pretty sure it's a huge thing already well they just raised yeah fifteen twenty million dollars or something like that love those guys and you know was considering investing i just thought the value is a little high but but yeah anyways i i think it's really cool concept and their concept is it's called fridge no more because like look in the future you won't even need a fridge why because when you want something you'll just push a button you want like you know two ice creams great they'll show up at your door in like under fifteen minutes how do we do that well we have these like super small kinda like cloud corner stores that are just like we'll have like a hundred in every city and these cloud corner stores will be able to dispatch in order to you in a very small amount of time with a very low like delivery fee and and gop does this college campuses that's like a multi dollar company i think and so i started thinking about in the suburbs the challenge is a little bit different and i thought why don't neighborhoods just have a neighborhood corner store okay well how would that work so you told me about the vending machines thing last podcast so it got me thinking okay that was a good one right that was a good one as i was driving through my neighborhood i was like look at all these garages like would somebody not want five hundred dollars a month to turn their garage or part of their garage into basically just like fridge and freezers and then it could just get you know basically you just deliver to the you deliver to the neighborhood garage that's the neighborhood corner store all the bulk wholesale goods you know your your water your all your drinks your sodas your snacks and your like ice creams or whatever and then in the neighborhood you would just have it where you just order and either you go pick it up out of the girl out of that garage or you know some kid in the neighborhood can just pick up the order make five bucks for just taking it from one part of the neighborhood to the other to bring it to you and the key would be the convenience of the speed of this that you could get it in like you know under ten minutes to get something delivered to you so basically the idea is take the idea of seven eleven but use the sharing economy so put put a mini seven eleven inside of garages inside of all these suburban neighborhoods what do you think of this idea i've got strong feelings so for well just let me both let me let me get through it the sharing economy so kinda really got popular with airbnb uber i remember two thousand thirteen in the same way that all the older school magazines are all talking about crypto it was like the sharing economy so there's was a sharing economy for everything back in two thousand thirteen two thousand fourteen and it was all we talked about and i've looked at the data and i've like try to figure it out all this out i am almost positive that the sharing economy only works for like two or three things uber and driving airbnb home rentals and maybe that's it i've seen sharing economy stuff have you ever seen i just got pitch on this other day and i just can never could i never am on board with it sharing economy for like you like tools and your yeah your this idea has been around and recycled like a trillion times like hey why do have to buy a drill my neighbor has a drill you know i just wanna use it once why don't i just rent the drill on the demand locally that idea never works or at least it hasn't endeavor and it and it there's probably a reason why it hasn't there's a bunch of these sharing economy things like one was like you go to someone's home and you cooked dinner with them or they like it's a private like if it's a cooking lesson you know right even airbnb experiences doesn't really work that well as a business it works as a nice little add on thing for them but that's not like where their value is and i've always thought that sharing economy for most things is a horrible idea i used to share an office when i first started my company it was me si and one other company i think they're called brewster or something and they were trying to get people to make it was like storage so they're like one the people to rent storage in other people's garage and i would hear these guys on their phone trying to call constantly trying to get and they had zero users and i heard them trying to get user one user too i heard all the whole thing they would walk around on the phone it was so hard to convince anyone and when they did convince someone it never worked and so in terms of sharing economy stuff and like like this idea i'm almost always default to i don't know that seems really difficult do agree i don't agree with okay i do agree that it's difficult but like on the storage ones so for people don't know there was a a batch of startups all trying to do this which was hey airbnb lets you rent out the excess space in your bedrooms your house why don't we rent let you rent out excess space in your garage and so omni started this way they ended up shutting down after raising a bunch of money clutter tried to do the same thing club changed i believe they've made it but maybe they pivoted i don't know what the that are normal ass like we come pick up your stuff and store in a warehouse the store warehouse warehouses okay so yeah so i don't know what the what what went wrong there but that was one that i would believe could work right because if i have extra space blah blah blah and these things you don't get they don't get used very much so they sort of just stay in storage for the most part there's one reason why i mean and and i and i have thought about this convenience it's all about convenience so it's the convenience that has to pay for itself so having someone stay in my house is relatively inconvenient but i can make like three grand a month pretty consistently right okay yeah so it's not convenience search just about money well no it's a balance it it's it's can like it it's my convenience at a price now having someone store shit my garage for eighty dollars a month which is how much it cost to store up at a normal right storage unit that's just fucking not worth don't i don't it's not worth it to me it's a pain in the ass and and it's not worth it's way too convenient right yeah so i think there is you know this trade off i would also say i think a lot of people merge these ideas together so for example sharing economy what does sharing economy mean it means taking excess resources that are un utilized and getting there to be utilized right airbnb b excess space get them to be utilized then there's like gig economy gig economy is like more like uber right like push a button and like push button the guys can come pick you up and it's not so much excess resources because that guy it's not like that guy was just happened to be driving by anyways it's like no he just made this his job and gig economy so then people started trying to do that with like masse misuse right like push button a masse will come to your house you know like pedicure at your house or whatever whatever every every random thing and then there's sort of like crater economy which is like a totally different thing altogether and so people started just like using these words pretty interchangeably and i think that doesn't work and in general almost all these are two sided marketplaces which are just like effing hard to do it's really effing hard to start as two sided in marketplace and when you do the prize is a billion dollars you know in your pocket and so you know it shouldn't be it really shouldn't be that easy but i agree so so i agree with you that this probably a wouldn't work or b would be looks like a real pain in the ass to do but good idea sean yeah but interesting idea in the sense that i think it would be pretty game changing in terms of convenience because it would be essentially like a cold vending machine inside of neighborhoods right like you know like a super vending machine inside of neighborhoods and if you could get it to work you now have every sort of suburban neighborhood you know to go spread into where a lot of stuff is done in cities partly because the people who build startups tend to live in cities not in the be and so so a lot of stuff works in the cities because that's where they live that's what they know and then people are really densely packed into one area and so it's hard to get things to work at a neighborhood love you ever been to a a truck stop where they have like just a slab of concrete with benches and like ten different vending machines all right there but just like an aw and you could we'll just do that let's just do that in the burp so we're just gonna get that slab but all those vending machines right in there well that's the thing like the question is what would you sacrifice one home floor right because you need the space so either it's gotta go inside of a home right in the garage in the backyard and inside the house or it has to be so valuable that you could justify just buying one of the homes and converting it into some like commerce basically for the the neighborhood and getting the permits to do it which is you know once we start talking permits this time to change ideas okay i got another i get another suburban idea for you so the new golf so my buddy ben got invited to go play in this pickup game as pick basketball game and it's he didn't wanna turn it down because it was like like baller yeah a bunch of baller that were like gonna go play there it's like baller not real baller well half half were actual like you know like good baller they you know people who are like you know so sky gonna get drafted this year this guy trains the nba players what the fuck isn't ben like a little guy yeah but we met the guy who's the trainer for the nba players this guy alex and i forgot his company named last time so i'll shouted it out this time through the lens he's the one building the masterclass class for athletes so through the so anyways alex was organizing this game and he was like hey you wanna go complain in this you're i know you're in new york also so come by and if you're if you're a nba fan you always see on instagram all the nba players in the summer go play in this one gym that's like it's like in an apartment building so it's like my my my friend used to live that building it like or something i know what what's called but it's like yeah it's in new york yeah it's like this exclusive thing and it'll be like lebron and carmel and kevin durant all playing this like little gym whatever so the guy was like hey we're gonna go play tomorrow on that gym you wanna come he's like fuck yeah i'm like alright well who's there and it's like a bunch of like you know i don't know billionaires children and like you know wanna be nba players or whatever so they went played and i was like how was it he's like i was good but like you know hey i suck and b you know i'm just trying not to get hurt right like he's like once you know you're thirty he got like he's like i i just had a kid like i just can't afford to get hurt and i'm not playing regularly so i'm you know i just kinda like played it easy i guess which was is kinda lame but that was the truth i said well you know same here i saw i basically played basketball as like my favorite thing to do until i was like twenty seven and then like since then i've just been like well the odds of me spring ankle or sp a knee is just too high i can't like actually play the sport anymore properly and so i kinda opted it out so i started thinking about like at every age there's a different sport that's like right for you so you know maybe in your twenties and thirties it could be something like basketball or soccer then your forties you really there's not many forty five year old like pick basketball players that are that are going out there there's always you know maybe the one old dude who's like barely barely moving but for the most part you need to graduate to another sport that is that matches your life athletic so it might be tennis and you know the a little bit older might be golf and then a little bit older like i think that the the sort of end sport is basically just playing poker you can just do that in a wheelchair and you it's like the last thing you can do as like some kind of form of sport competition and so so anyways he you caught me thinking like okay if i'm i'm about to shift into the like tennis phase okay cool fine pickle ball bro and that's pickle so then i started thinking about pickle because i was like what is pickle pickle ball is mini tennis that is like kind of the best of tennis but it's also easier on the body right am i right about pick haven't play yeah that's what i see okay you order it for run no i would say it's as hard in the body but it's like it requires close to no skill right so okay the skill cap might be different but i also think there's less less running around and jumping and and but like anyone can do it right so so it's more accessible that's kind of the point and then i thinking about golf because i think once you hit i don't know fifty plus it seems like golf is the major sport for that age and golf is like the least fucking accessible thing right it's super expensive it takes the whole day it's hardest as shit to like even be decent at golf so i'm like how it's amazing to me this even worked right like is it's kinda like mind blowing and golf even even has any popularity so what's the point what's the new one what is the new golf who can i tell you what i new things yeah what what you've been doing when i have friends in town or you and i won't have enough time maybe we will tomorrow but like i had a friend named brennan come over whenever people visit i go five five pm thursday or whatever come to my house and wear ton of shoes and i bought tons and tons of wraps and so they get there i throw them hand wraps and i go broken in a box today and i throw them their things if we wrap up our hands like go alright we're gonna warm up with some mitt i'll show you how a punch we do that and then i go alright here's an extra mouth guard we're barn and i i lead him and i we don't hit hard yeah but like if they want every once while i won't hit them harden in the face i'll get up in there and i'll pop them really hard in the stomach just so could feel alive the yeah if you feel when the likes to be alive and then i'll let them punch me i think chip my tooth in day and it's been the greatest bonding experience i've done it with men women everyone with the women like well so pop me real hard and i'll hit her in the stomach like it it's awesome man it is awesome i have loved doing this with boxing it brings you together it makes you feel alive and it's a fun sport because we can do it in my garage and you normally don't box because it's embarrassing to try that in front of a bunch of people oh i been sales yeah yeah and i know we're not we're like and they'll see me i go put i go put your hand at what and we'll like my move so slow i'll just kinda have i'm like it's all we're doing we're just gonna barely touch each other yeah so i think in the i think thirties maybe even forties boxing works i think beyond that boxing also doesn't work because you know for obvious reasons so so i think you're you're doing the thing where you basically as you shift in age you like shift in sport and i've seen like i i think i talked about this once before but like people have taken like so so i was talking to my friends saw this guy saw bloom people might have seen them on twitter he's got big twitter now and we're we were eating and he was talking about he used to be a baseball player at stanford he's a pitcher and he's like you know i got hurt you know that it kinda ended my pro aspirations and then it was sort of like well this thing at the sport i've dedicated myself too forever is pretty much useless to me at this point right like i will never play pick baseball like what am i do go find nine friends on one side nine on the other side that all like baseball in ass all have four hours to kill and you know we have the right skills where we can like pitch and catch you know like most people can't even sit in the catch your squad like you know it's just you're never gonna play baseball again it's true like baseball is sort of the worst trends worst access sport and at an early age i think golf is the worst one at a later age and so i think that if somebody could take the characteristics that make golf work and create their version of pickle i think you'd own a pretty valuable asset and i'm on the lookout to see what is this next one because i have several friends that didn't invent pickle ball but when pickle ball started to get popular they built pickle ball businesses from you know i i can't say a name they actually they've like literally asked me not to but one of them is they did equipment so like they just built like you know like in an amazon fba business selling pickle ball stuff and they were able to rank at the top because at the time pickle wasn't that competitive but it got more and more popular over time and then other people start leagues and then other people that are bars tools i think doing something on the media side i don't know there's a bunch of different ways you can ride these waves of new sports and so what makes golf work is that it's i think it's outdoors i think that it's you know it's a chill sports or doesn't require like running jumping squat like stuff like that like it's you know old guys can swing the club too and then all the bad parts you would have to change so you'd have to find a way to make it a a sixty minute or ninety minute experience you would need you know golf cool because you can do it by yourself you could do with one other person or do it four people so that's good i'd keep that you would not wanna have it be where you need like thousands of dollars of equipment just to get started or like you know pay to go do this thing and then you'd also want it to be where a beginner can like feel some sort of success and not just like like i went to a golf of course about spike to athletic dude you just think you're still thinking like you you have athletic still you gotta think about you thirty years from now you had a bum hip the testosterone that you've been take it for thirty years is now wiped you out you're you know you you you're gonna be a different phase you're gonna need a different sport at that time i think it's gotta feel like i just go for walks yeah but the the walks don't have the thing that the boxing is giving to you where you get to scratch the competitive itch and you get to do like kind of like you get to feel alive you could still feel like you're doing something walking is sort of like the most basic i think you gotta take like shuffle board shuffle board level of like movement and make it a like outdoor activity i don't know what's that one sport that old people play that's like v bat you i don't know what bat ball is maybe this is bat ball that i'm describing but i feel like maybe something like bat ball is what's gonna what's gonna pick up so we need to go to questions i think you're not a fan of the new gulf i'm not a fan of the new golf dude i'm telling you you it's gonna happen you're gonna see the sport rise in popularity amongst older people it gonna be like fuck sean was right there was an appetite for a sport for older people that's not called golf maybe but like i can't it's just like such an impossible thing to predict right i mean like i would be it'd be better predicting which company is gonna be a billion dollar company than which sport is gonna be who what like who would have thought a sport need pickle ball was gonna be sick yeah i don't know i would've put my money on slam ball but you know just show what i know dan do we do we have what's it called do we get the merch so we have stickers we have shirts for the tour yep we got stickers we got shirts we got hoodies and then my first business in college was making buttons so i got some buttons for you guys too do you have the shirts with you i don't they got shipped out yesterday they are arriving tomorrow into miami okay great so austin austin no shirts miami shirts everything's is going in to miami yep okay and what about and what who's the guy who designed the shirts let's give if that guy shout out to yeah let me pull it up dustin is his first name and he's like he he's like a creative agency or like a kind of a design company or something yeah he's got a creative agent he las vegas i've tweeted out you know hey give us some you know so somebody gives some designs we'll we'll we'll hook you up and his were by far the most kind of like favored it or liked by people who said like you pick this one this these are the winners yeah dustin ian he's got an agency out in las vegas called artisans on fire artisans on fire okay sweet yeah artist on fire go check that out and he made the post economic shirt that's gonna fly off the shelves are we given these way or are we charged for them i didn't hear the the end result i got square set up so you guys tell me alright we'll just decide over on there alright can i hear one a funny observation yeah yeah so i've been listening to you guys for like a year now always on one and a half x so one of the weirdest things is having to listen to you guys in real time i've heard that before yeah sean sounds like he's a couple drinks in i can't believe that but i talk faster than sam right i feel like i'm i think we both nervous energy well you talk really fast at one and a half yeah that's fair i can't believe people listen to this on on speed this doesn't doesn't make sense to me alright i gotta go out i'll talk to you soon yeah i feel like i could rule world i know i could be what i want to put at all in in like a day's off on a travel never looking back like