How Content Creators Make Millions

Date
Duration
54 min
this one streamer who we're talking about what's his name excuse in this case how much money does he make he probably makes between i wanna say three to ten million dollars a year no way really yeah probably five to ten is is an easy estimate ten man ten is not even the upper bound like they these guys can make much more than that maybe up to twenty twenty five million if they are maxing out their stuff but they don't always wanna do that like i talk because i used to negotiate with these you guys so you know even before twitch like when i was just trying to get them to promote our products it's like alright i'm gonna talk to i wanna talk to this streamer like no you don't get to talk to the talk to the manager okay fair let's fine their stars i get it alright who's the managers is it like you know c or like w me and like for ninety five percent of them it's like it's like his little brother ray ray yes i know this girlfriend are like exactly he's a ray ray or like oh hey jenny you know so how long you guys been working together like well we've moved in together at like when we were sixteen and then like he didn't do anything for five years just my video games all the time and like now he's rich and so i quit my job to like check his email this is like a the shirt it's like the it's like the gen y or gen x whatever the what are the young people called what are the one of the one of the young people called it's like gen z it's like the tommy bah of gen z yeah i was a literally i was about to start with the shirt so you're on to something what kind of what brand is that scotch soda yeah dude scotch soda crush it they there rush there was two i was i went shopping this weekend and like whatever the like union square in san francisco and two dudes walked into the elevator innovator with their scotch and soda bags and they were so happy it's like shopping makes people really happy i think that's an underrated bar shop because how happy it made him and they were just like it was two guys and they're talking to each other and they were still talking about their shopping which i would say i've never experienced that being another dude just first of all going shopping the other secondly after shopping not just being like right it's done whatever like we don't even talk about it anymore here he was like i was yeah i'm really happy with the color the guys said get the color sick and i was like missing the elevator with them i'm was like i was like yes have a boss green that's so got so awesome you shot there no i didn't shop there i was shopping for my wife but it's in the same like area or whatever of like the what you you're were shopping for her like with her she wanted to go by i thought she was trying to buy like a like a designer bag which by the way it the whole experience is crazy if you were done that if you were gone like bullshit i gotta make an appointment yeah well now they they it's like a restaurant now basically they you you go you put your name down to like we'll text you to get in like you can't just walk into the store yeah and we go in and it's like i've got two babies at a dog with me so i've already be like yeah you really your dog to a louis vuitton yeah and it's a my stroller has two children and a dog they're probably like sir you can't come in here or you happy to leave the kids outside this straight i don't even think they saw the dog because the dog is so small and so quiet compared to the kids that like i think that just got lost to the shelf otherwise they for sure what it kicked to me out but we were like hey you know we're and they were just like okay why you so wow so like carrie let's do this and i was so excited just because i was like alright whatever make this an experience and then like five minutes in i became like i went in with the best intentions i was like i'm gonna make this a great experience for my wife she wants this i'm gonna not just play along i'm gonna like be along i'm gonna fucking sing along with this and then like literally five to fifteen minutes in i was just like alright like just pick one the small one are the big one i don't know which one do you like just pick the one you like she was you're such a redneck deck you're like we're here and then like five minutes in we you're like hey do you guys sell me like could lemonade or a turkey sorry or anything like i was like oh they used to offer snacks you to guys still do that if they're like we've never done that her and i was like we're the shot and then like there's no cheese there was like a section for the person that's like five stairs up but i got a stroller two children and a dog as you remember off like y'all all got an elevator three stairs they're were like they're like yeah there is like a wheelchair lift over here i'm not sure if your wagon will fit but like and then i got stuck in the fucking wheelchair lift going between like going up a four foot rise i get stuck and then i realized i'm not stuck i just pushed the door and it opens nobody was on the other side to open the door yeah i think it wasn't automatic either dude you're indian curb your enthusiasm yeah that's exactly how i felt oh dude somebody said this the the other day they go they go i was in la you i was in la or whatever in new york somewhere and larry david was there at a a driving range playing golf and they were like it and they're were like it was like some like just can't go hole in the wall up of driver and not like a nice they're like why is larry david go there he's like it's like mirror where he lives or something so he just popped over it's like two pm on a tuesday just wanted to hit some balls and they're like i overheard him and nobody even nobody pays any attention that you know this just looks like an old guy i you know nobody what knows who he is and he's talking to the lady who sell it gives you the balls if the balls are the balls are eleven dollars and he's like why these have to be eleven dollars he's like shit i they like he was negotiating the price like he was complaining about he's like a super rich guy he's like it's not the price eleven dollars now gotta have a ten but attempts on if you made a ten one bill we're done now i gotta give you a twenty now what are gonna give me five and then four ones what am i gonna do with these ones and i was like paul it like an actual career enthusiasm skin i definitely like that in real life for sure alright so since we're talking about entertainment and content i have to tell you about two different things so we're gonna call this segment i'm happy freaks freaks exist here's the craziest content that i've consumed this weekend i'm hear the show yeah no definitely not have you have you seen this show called the naked and afraid i've heard of it but i have not watched it it's like it's a craziest thing right or your name no it's not it's worse than that so what they do is they take two strangers and they drop them off in like the jungle in south africa or asia i don't even know where the exact locations are it's all over the world but like remote remote locations oftentimes places that's like a hundred and ten degrees during the day and like fifty degrees at night so you're freezing they take two strangers they put them in this area okay they give them nothing sometimes if the water's is really bad they'll give them just a pot just an empty pot and and a machete that's basically it and they make the two strangers meet and work together to survive for twenty one days and they're completely butt naked they're they're not wearing anything they're entirely naked and they've got like spoon at night to stay warm otherwise they're gonna like shiver and like and like is it it's not like set two dudes to women makes what are it could be usually so usually like a man in a woman but then they like throw like curve balls in there so like they had this like guy i think he was from australia and they played them out like he's like this like redneck hi guy from australia and then the woman is a transactional and she comes on and the they set it up so like they like you know how this conservative guy gonna feel about this and he was totally and like the whole show it was like oh you know it's okay like everyone's like unique and and he's like totally kind and like it's like oh man he's breaking the stereotypes and they like hug it out and they're like you were we'll protect one another we're we're team and so that's like you know like one of many ways the show is amazing is like they're like doing this together it's ridiculous and the hardest thing i've ever seen and i don't think they get paid a scent you've you have to watch this the show it's ridiculous and so they have to survive for how long twenty one days twenty one days and so what are they doing they're going and hunting or they're just like eating they're like usually they're like we have to make shelter they're like we have to go figure out how to make a fire i'll sometimes it's in a rain and it's raining and they're like i don't know how we're gonna stay warm we're not gonna eat and so sometimes they won't eat for days for ten days on one episode a guy made a bone arrow and shot of bird and it was awesome another episode i guide tried to go and wrestle crocodile to bring back into eat oftentimes i've noticed another like trait i've noticed is usually the women are way tougher and way calmer like significantly like the man are like come out all aggressive like this is gonna be awesome and they're like trying to cheer the woman on like let's do this and then they like get worn out after seven days and they bail on and the woman just stays by herself and and does it so usually the it seems the women are mentally stronger it's amazing this it's a it's a it's a wild show i cannot believe that like people do this okay that's amazing what does it have to do with the you put a tweet in here also next to it that's completely unrelated but okay it's under the theme of i'm i'm glad that freaks exists the second thing there's this guy what's his name is his name felix felix what's the url of his website you know is it like felix how today how is felix dot today so this freaking guy for eight years he tracked hundreds of different parts of his life so and i have a list up so he tracked the easy ones like weight steps and diet but then and then alcohol but then he tracked his mood his stress he used rescue dot me rescue time i think it's called an app that tracks which programs he was using on his computer how much time he spent on his cell phone his mood his energy his sleep how often he how many texts he sent that day how often he talked to friends if he was more productive in the evening or the day if he took any drugs what city he was in what the weather was how hungry he felt did he feel let did he feel stressed what else did he it it was like just so much stuff he had thirty or forty or fifty thousand data points and it's all done in an engineer like way where it you know he could say like well i was forty six percent more likely to say i felt sad if i didn't see a friend in the trailing three days like there's like what what are can can you read out some of the findings so like for example how how does longer deep duration like how to sleep affect my day he's like if i have let's see so if he had more than eight and a half hours okay i think he he think he means less here but he's sixty five percent more likely to have cold symptoms set percent more likely to have a headache he he uses social media of forty percent more when he sleep sleep deprived thirty percent more likely to be a rainy day that's interesting yeah crazy stuff twenty percent less likely to hit the gym actually no longer sleep duration this is so i didn't read it wrong he's saying if i sleep more than eight and a half hours all those things are true which is great read another one read some of the other ones it it like it's pretty this is it's pretty amazing when found but then air quality and various rooms like i'm not even gonna read what goes beyond that but just like measuring the air quality is crazy wow this is wild i'm i'm i'm scrolling i've been scrolling for like the entire time you were talking and i'm halfway through the guy's findings this he's night is he okay he's at night this guy's are freak the funny thing is he tracked everything and i'm like this guy okay think he's a okay i didn't an answer he just start at the top is okay it actually it says felix feels alright and updated one hour ago and it says what city he's in it's quite amazing this first little table is nice wait high sleep and then it goes last meditate forty one days ago inbox twenty emails personal to do lists hundred seventy nine tasks wow is pretty wild is is sleeping heart rate for fifty nine beats per minute so if you scroll all the way to the bottom he's got one sentence that kind of like summarizes this wherein and he says do like a con my computer is not working but if you do like a control f build or something like that you might find it where he says basically building this and having all this information i'm happy i did it because it's just like a fun way for me to nerd out but it was not beneficial and it doesn't make sense for anyone else to do this so you were saying the main it it says the main conclusion it is that it it is not worth building your own solution and investing this much time so that's on the building your own solution i'm very happy that i built project in the first place it gave me a much better awareness of everything going on in my life i'm exactly i'm excited to have this have built this website to wrap up this project and showcase some outcome so he's done this for eight years you said yeah wow amazing right yeah truly everybody's how'd you find this guy on twitter how is felix dot today if you wanna go check it out it's nice it's amazing is that pretty nice i not gonna lie it's awesome it's totally unnecessary and absolutely amazing like i would like to have this if i just could do no work or like you know touch a button once every five hours like you know i'm down to do that but i don't wanna remember to log all this stuff his story and so this guy is incredibly interesting his story i i i like researched a lot of them because i i thought he was amazing he said he moved i where does it say where he's from is he from vienna or somewhere like that yeah and he moved to san francisco in two thousand fifteen to work at twitter and then after a year he was like you know i don't really like having an apartment i'm only gonna live on an airbnb in san francisco and then he was like i'm just gonna leave san francisco and so for the past like seven years he's only like he doesn't own anything other than a suitcase i think and that's how he's been living good for him i like it i like the i like the segment too glad the freaks exists can i tell you about another freak yeah alright elon musk so the the what but this is not actually about elon this is about his wife have you ever stumbled down the rabbit hole that is justine musk on quo she talks a lot of crap she's airs out a lot of she's she like is it sounds like elon didn't treat her wonderfully and she lets the world know like she airs out there laundry well i don't know i i don't know about all that but when did she do that that aired out as laundry i'm not sure that that's true she said that he was driven and everything but she also said like i i don't wanna exactly para i don't remember entirely but i remember like she gave like a ted talk and on cor she's like yeah it's just like living with him was horrible because he wasn't there he we were all like second and third place to his work yeah yeah but so she says things that you would that's not air out dirty the laundry i don't you just come that's common sense almost he's at like three wives i'm pretty sure you know something's not great about the experience otherwise you know maybe may have lasted for longer but dude i find her her quo to be fascinating she had awesome and it's not all just let me tell you about you elon musk it's like you know she answers questions about a bunch of stuff and she's done it for think she's an author seven years yeah so she's an all she's very smart novel and so she answers some question i would give you a couple of the the answers that she gave so so somebody said how can i be as great as bill gates steve jobs elon musk or or richard branson and so where's her answer let me find it have you been watching the johnny depp trial a little bit dude it's why so good it's so good it's so exciting why are people why is this so fascinating to people there's is okay you wanna know another freaks exists moment go to go to this instagram account before i even to go back to this justine musk thing this is crazy and this is also like kinda interesting i wouldn't have guessed that this is a thing but go to the instagram account that's called is it called howie is habit or something like that it's called what's it called house in habit so this person jessica reid k wow what are the odds both of them felix k and jessica k maybe they're married these two freaks so so she lives southern california and she calls herself the queen of the carp pool the hollywood philosopher stereotypical scorpio tendencies and then she puts her van on here as she give you a quick sense of what we're dealing with okay what's the scorpio i don't understand what that restaurant added all like la things just like you know here's my favorite crystal here's my horoscope here's my v mo and there's my a casting tape so alright so she basically covers trial like hollywood gossip but in the craziest amount of detail you'll ever for so look at her file her accounts she's got eight hundred and fifty thousand followers it's just like an independent person and she's been posting every day about the trial like if you go click her story there's like fifty like maybe more oh my goodness there's like eighty story frames right to like tap through and she edits it like crazy it's like insane so like today is not a good one because it's like there there wasn't like a trial thing but like if you click like ten in it'll be like she'll cut like a little clip of johnny walking in and then there's music she overlays and then there's like a little thing that she cuts in this news clip from fox and then she ads on top of that then she transcribe a whole bunch of stuff and like puts the transcript there then she does the background research and so i know several people who are following the whole trial they don't watch a a single minute of the trial they don't read the news they just follow it through her story because it because it is so crazy in depth and somewhat addictive in entertaining and like first when the first person nobody was like okay that's weird you you got into something weird then i heard it again and i was like you also follow that random person in the yeah great and then i looked at then i looked him up and she has eight hundred fifty thousand followers and i was like holy shit this is crazy that this is like one of those niches that you wouldn't even really know exists but of course it exists and of course it's a big deal it basically takes the tabloid but it rep repurchase it from a tabloid into like any individual person's instagram can become the j tabloid in the world if you just put in the effort and she puts in mad effort what she just covered i was looking at her stories that there was a guy a couple of days ago he looked like he was dressed like he was about to go to be a waiter at a restaurant and he couldn't be at the trial so he was on zoom and he was in his car and he was sit there with the zoo with his camera from him and he starts vaping on on the call at used the like take hit of vape and like exhale all this smoke while he's sitting in his car waiting for the judge to ask a question and then it's clear that like he's gotta go so he starts driving out of the parking lot like while and had vaping while he's answering the calls and he's like alright you guys good idea i answer everything alright i gotta go he's just he's like like vaping while driving away during this trial but alright what about justine okay so justine musk okay so somebody asks will i become a billionaire if i'm determined to b one and i put in the necessary work shit her first answer no one of the qualities of the self made billionaire is the ability to ask the right question that is not the right question it's not to say it's a bad question it just won't get you to the part of your mind that's working to help you and mu things over while you're doing up other things and sending up flares of insight you're determined so what you haven't been you haven't been racing naked it through shark infested waters yet will you be determined when you wash up on some deserted island wanted to bloody rag beaten staring off into the horizon with those sign of rescue and she's so she goes through and she's like you know the world doesn't like the final thing the world doesn't throw a billion dollars at the person because they want it or because they work so hard they feel they deserve it the world world does not no does not care what you want or deserve the world gives you in exchange for something it perceives to be of equal or greater value and anyway so she goes through and and basically like you know the long story short was no a billionaire doesn't come on quo and ask these types of questions but it'll be like if you just go through and deep dive the do dive through to search her on on on quo and it's a fun like twenty minute read because i think you get little snapshots into somebody who knows elon musk really well and has been around somebody of that like you know kind of like the greatest entrepreneur inventor of our lifetime somebody who knows them from a different angle but then also somebody who's just like smart an objective so they're not a fan boy nor are they a hate it's like someone who i actually kind of respect and you know believe their opinion on these things obviously got their bias but i feel like with elon musk normally it's hundred percent fan boy or a hundred percent hate or just completely uninformed and like this is none of the above this is something else this is uninformed but there any other good ones that she's written up yeah there's a bunch that are just on so i started with the elon ones and then it'll be like you know you know be like you know should i how should i break up my girlfriend it's like no let's see what she has to say about that like you just read like you know her kind of take on velocity i don't she's just passing character the other one is grimes just did a podcast with le friedman i don't know if you saw saw that i heard about it so e elon current i don't know what i don't know if they're married girlfriend something baby mama i think they've had two babies together but they're not married or something like that they're not together anymore she did a podcast and you could definitely see like how these people would get along like even talks like elon in this kind of like slow measured weird like final finale type of way of speaking but she's was talking about like you know like how to raise kids or like you know there's like is they're like you know what when you think about like set you know free speech on twitter or something like that like let's try tried to ask her and she's like i i do not think i should have an opinion on this and he's like oh my god and then which it's like such a el elon thing to say she's like i feel you know i'm too close to the situation i actually i should not have an opinion on this i i shouldn't have an opinion on this my god it it would not be it it would not not be productive this future humanity this should come up that weird kind of yeah it's like not like i thought i i don't know i knew nothing about her so like you know by just from a afar was like oh i think he buried like a musician or something like that okay she's probably like you know like some you know just like beautiful happy bubbly pop star and it's like no it's not that at all okay she's kinda like alternative alright i get it but still you know like i don't know charismatic charismatic and into like just like kind of like a a ex people person and instead it was like you know she was like oh they were like how's a bit you know like tell me about like you just had a baby you what's what's mother had been like for you or whatever and she's like it reminds me of my favorite graphic novel graphic novel addition it named some japanese like graphic novel you know like no one's she should have you read it he's like no and then it's just like it's called i have no mouth but i must scream and that's what my and that's what having this baby feels like because they're helpless right they can't even control their muscles they they can't say what they want they can't express what they need but they need something and they're trying to scream but it's as if they have no mouth i was like whoa like pretty dark take on like motherhood but like i don't know also interesting and insightful at the same time but yeah that's been kind of my like that's that's my contribution to the i'm happy that that freaks exists because like yeah i'm happy that there's people that are so different and so interesting and we'll will live life in a way that's like interesting but like uncomfortable and i get to be comfortable and just watch them do interesting things well you know that dude i love it that teddy roosevelt quote that everybody all every entrepreneur loves to put on fucking into the the man in the arena exactly it is not the critical couch it's the man of the arena who's bloody and beaten and whatever you know what it's also tight to not be bloody and beat this tight tomato just a casual fan in the arena eating popcorn watching other people get beaten up and then going back to your daily life like that's actually a pretty tight position that like most people should go into and not try to be like you know the gladiator dying in the arena or the critic hate you don't need to be either one our software is the worst have you heard of hubspot see most crm are a cobb together mess but hubspot is easy to adopt and actually looks gorgeous i think i love our new crm our software is the best hubspot grow better dude do you realize that to some people i think you and i are that entertainment where like i i'll have some people like reach out to me i and i think it happens to you it's like oh you should do blank it's like you really just want me to dance for you yeah that's really yeah just to tell me to dance that that'd be a lot easier that'll only take a few minutes and you want me dedicate three years of my light to starting blank yeah you guys should talk about earth oh you want me to go get a phd and something i don't know about for your benefit it okay cool that's not how the podcast works but who's how the podcast works i'm weird don't realize it then i come talk to sam he's weird it doesn't realize it then we kinda point out that's weird about each other then we go away i'm like you guys think we're both weird yeah i mean we are that to some people where they're just like want us to dance but dude that's why i love the the youtubers like there's a guy i've been following i think it's called like west diesel there's all these youtubers where they got they get what is that pretty mean whistler i think it's whistler diesel so you like has all this acreage out in indiana i think and he just like builds cool trucks and cars and just like rex on basically like you know he'll build like remember that as a kid i think it was called the power wheel it's like the like the little toy trucks for kids where you like sit in it he'll build one take one of those it's not really one of those but he like builds a version of that that has a massive gas engine in it it goes like a hundred and twenty miles an hour but it looks like a power wheel so just like doing things that like you think you would wanna do in the country but what's in or you know when you're out in the in the land and like just breaking shit and like blowing stuff up doing all that but what's crazy is these guys do it and then they start making money from it and they're like alright now we have more money to spend on stuff bigger stuff the blow stuff up and to build stuff like or there's all these guys on youtube who will like get like a fifty caliber rifle so like this gun that's like huge and scary and they're like you think it can shoot through that car like let's just try let's even if go straight through the car or what would happen if we just shot this at like a a huge block of metal how deep will it go like just all these like stupid stuff that you would just only do like either when you're high or you would just dream up but you're afraid of losing all this money they do it and i get to live through them and i love that wow that's cool they're actually kind of related note so mister beast basically does this but he's like exactly and you know he's almost like a hundred million subscribers on youtube so did you see this thing that's going on last night i i doubt you did because it's like you know mh you said you're gen y this is like gen z you know shit but basically there was a celebrity poker game last night with basically there was this poker game last night the had like i don't know how many like fifty thousand or more people watching it live streamed on on twitch and youtube and it had mister beast who's the number one youtuber light or whatever one of the biggest youtubers ninja who was the biggest streamer for like a long period of time qc c who's the biggest like one of the biggest twitch streamers also there's basically like four or five huge content creators then it was phil home who's just like famous like pro poker player that's on tv all the time tom wan who's is like one of the greatest poker players ever so there's like a couple of pros and a and a couple of content creators and they came in it was a fifty thousand dollar buy in game but they could re buy and so it was called a million dollar game and basically this was being live last night and none of them were like playing seriously because they were like hey they're all rich and b they were trying to make for good content and so they were like they played this game it was very entertaining game was probably like the one of the most entertaining like i don't like online or like tv poker games that i've seen like in a long time and i just thought it was a great idea yet that that's a that's a pretty short list i would imagine though no i've been watching for a long time so i i actually care about about online about poker and have watched a bunch of like worlds through poker or or so what happened so basically shout out to to our girl alexander bot test do you know her she's the chest girl okay i i did a pile yeah we've talked about it i did podcast yeah so she's a streamer content creator who's like her and her sister i don't think they're twins but i think they're their sisters they they're like chest spat like i know if the grand master or their master players or whatever but they're like they're like great at chess but also great at content so they have like a big following or whatever and so she just cleaned up in this game and she's not like a great poker player it just like they would they're were all kinda playing very loose and she won like a half a million dollar pot like you know just kind of like with ace nine there's like kinda like a lucky hand or whatever and the pros were sitting there like just kinda waiting for good car like waiting for good to play good cards they're just playing smart whereas mister beast was like just playing kinda like every any hand he could get into and then he'd be like he's just he's like i just want one clip to go viral like that's what i'm here for is for one clip to go viral because they're like i can poker you could do this thing where once both people go all in you could say right normally you would just there's only one card left and they're like one of us will win one of us will lose but you can do something called running it twice which kind of like smooth out the like the variability like it's like running multiple times in a simulation so you'll get like more possible outcomes so you can run it once run it twice running it three times run it four times and he's like no we're gonna run it once he's like we need this clip to go viral it needs to be the highest stakes with the biggest heartbreak and like the easiest to understand and you could see the poker pros were like oh okay like guess like guess that makes makes sense it's like to be it was so funny just to see these guys playing with totally different like agendas and styles and also they were mic up the whole time and there was no edits because it was live and so you could just hear them like bullshit about whatever to each other and like you people from different worlds kinda just like so you did like i you know how how much how often to do plays like oh i've been i i don't play like this is the first day off i've taken in four years he's like what do you mean like how often do you she because i stream every day for ten hours a day he's like what he's like yeah and he's like this one of the few like one of the rare this guy and they're and they're like how long you been do that for he's like seven years i don't understand that poker player looked at the streamer like you degenerate which is hilarious because the poker player is normally like the biggest degenerate who sits at a table playing you know this like stupid card game for five hours straight losing money is that real well someone well someone really streamed for seven years every single day for yeah ten hours yeah yeah that happens like not usually it's not those exact numbers but people have streamed every day for ten years and they'll stream like five hour streams or something like that as like their their normal stream and some guys do ten hour streams and then they'll usually take one day off a week maybe x actually i don't know fcc specifics but like yeah he he he's a like he's a nut and when he's streaming what's he doing he's played video games any game so yeah he was like big and overwatch but then overwatch stop getting like popular he got more popular because his personality is pretty like he he's he just kinda gets wild on the stream and so now he'll go he'll do whatever he'll play you know virtual farm simulator he'll play like you know a shooting game he'll play like whatever the game is he calls himself a variety streamer which is basically like at that point they've stopped coming for the game and they're coming for you and so is he funny like what what what he's funny great about him he's funny and he like he like rage he like gets enraged pretty quickly which is like a big thing on twitch which is like you gotta like show a emotion so like you see in basketball or like golf is the ultimate example of this and this is where i think traditional sports can learn a lot from online content because traditional sports they teach you like if you ever watch a basketball press conference they're the most boring in the world it's like yeah we're just gonna take it one game at a time you know they're a great team have respect to them you know we just gotta he put one foot front or the other it's like oh great you know like super boring whereas you you and i love u because that one guy would be like he ate shit i'm gonna kick his team his ass and his whole team's ass you know like they just like they like talk shit to each other so that adds a level of like drama and excitement streaming is like that but like twenty four seven where they're just constantly you know talking shit to them to their teammates about themselves about you know the game about like the characters about the strategy what whatever so they show a ton of emotion so if he loses he'll throw them mouse he'll break the keyboard he'll like you know like spit and scream and you know like he'll get angry how does he have enough energy to do that every single day just what he does man that's how like he that's and he just sit and he's bait in a chair for he's sitting at a chair for ten hours a bit different yeah yeah he shouldn't chair you may not like this but it is peak physical performance exactly somebody said this to go stu a hilarious slime during this thanks so she won the alexander won the five hundred thousand dollar pot and then she like won another pot she was like six hundred grand she came with fifty k and she had like a six hundred fifty thousand dollar chip and like she had so many chips she couldn't even stack them in time like the next hand needed to be dealt but her giant her giant chip sack was just blocking the half the table and she's like i need help stacking the chips and they were like fuck you we're not gonna help you stack your she just took from us and like the pit boss over should they're helping and then mister beans goes she's single handedly gonna close the wage gap i just girl these yeah there's just trolls and it's just amazing it was amazing i just thought that was a great idea by the way i like a like a high stakes poker game amongst personalities in any niche i actually think that's a good marketing idea this one streamer who we're talking about what's the name qc in this case how much money does he make he probably makes between i wanna say three to ten million dollars a year no way really yeah probably five to ten is is an easy estimate ten man ten is not even the upper bound like they these guys can make much more than that maybe up to twenty twenty five million if they are maxing out their stuff but they don't always wanna do that like i talk because i to negotiate with you guys so you know even before twitch like when i was just trying to get them to promote our products and it's like alright i'm gonna talk to i wanna talk to the streamer like no you don't get to talk to the talk to the manager okay fair that's fine they're stars as i get it alright who's the managers is it like you know c or like w me and like for ninety five percent of them it's like it's like his little brother ray ray yes i know this girlfriend are like you know exactly it's a ray ray or like hey jenny you so how long have you guys been working together it's like well we've moved in together at like when we were sixteen and then like he didn't do anything for five years just my video games all the time and like now he's rich and so i quit my job to like check his email because they'll be they'll be like we do like brand deals i'm like cool so like do you have like a deck you guys can share about like you know stats they're like no you could just like go on and see how many people watch them it's like a lot and then it's like it's like so what like you have this deal with like red bull like logitech like surely you have like brand deck and they're like you know when you pitch them like we don't pitch anybody like was like basically and know as i got to know people it's like they just get inbound into their email and then they just just decide they ignore ninety five percent of it even though it's people literally throwing them like like people can get paid like the small even like like less high profile like ninja is a different tier right ninja does have a proper manager and like actually his girlfriend i think is his manager now his wife but like he had a proper agency behind him and they pitch red bull and all this stuff but like most streamers if somebody will approach and be like i'll two thousand dollars an hour to play my game today and they're like nah that game looks boring i'm not gonna do it right because like they don't want to lose their audience or like piss off their audience too much or be seen as selling out and so they turned down so many opportunities that they could have because they don't wanna be seen as a sellout nor do they wanna like bother with anything it's like dude by the time i'm done streaming for ten hours like imagine doing this podcast ten hours a day or eight hours a day you have zero energy left to like do anything else and so you just like you don't wanna even think about it so and do a lot of them have any expenses so or are they just paying taxes and rent and into just stacking cash yeah that's exactly it like some of these streamers i mean they gonna be worth thirty or forty million dollars liquid yeah that's crazy isn't it yeah like ninja got paid you know i can't say the number but stupid money to go stream on mixer like a competitor to twitch i think it got leaked i think the number got leaked because something hacked maybe i think not twitch i think twitch got hacked and like all the the spreadsheet got out you remember what you're i'm talking about well that's the that's pretty visible anyways that's that's just what they earn directly so basically like the fan subscribe five dollars a month or six dollars a month or whatever to the channel in order to like kinda just like show their support and get like special emojis that they get to use and sometimes the streamer could turn it on where subscriber only chat but but for the most part like they get donations that that most people can't see how much donations they get then they get subscribers directly that's a monthly recurring subscription then there's brand deals and sponsors that didn't show up in the twitch thing because that goes direct and it's like they just pay the streamer directly it's not part of twitch and so there's like other and then you know games come to them and pay them hey we're doing a brand launch we want all ten of the big streamers all playing valor today and they'll drop you know five million dollars on that campaign because they know that if they do that they become the it game and millions of people will get to see their favorite streamer playing the game and saying how awesome it is or whatever showing it off so it's worth it to them because they're gonna make a way more than that have you seen intro dot com have ever been intro dot com yeah i looked at investing in it oh but i decided not to so i talked to the guy who started like i went to went to like a car racing class and he like a friend of a friend brought him and got hang out with them he's a cool guy and he was like hey just sign up for intro dot com and basically what it you do is you just like put that you're available a certain hours amount of a certain hours a week and someone will pay you like two thousand dollars an hour in fifteen in a minute increments to talk to you and i was like i know man i feel kinda s doing that and he was like well just try it and i was like okay well you know you seem nice whatever i'll kinda do it just to like geek out and tried this new product and i signed up for it and i've been getting bookings like crazy and between i'm i'm i'm at the phase now a little bit where you know it's coming up on this july will be a year and a half since the acquisition was like you yeah yeah said like yeah how many years you've been married i no idea yeah hundred great years you're gonna help lot you're and a half sixty months sixty one it's like well what which which time zone are we are we thinking here because i can tell you so it's coming up to that time and i'm like alright do i like start a new company what am i gonna do what should i be doing and i sign up to intro and we're doing this and i got that little copy of that thing and i got like this our air airbnb and i'm like well besides like the fact that like i you i could live off interest like off my nut i'm like that's kinda cool like there's all this income coming in there's so much and i'm not trying like i'm trying to do this like brad shit but i'm saying like for a creator that has a mildly big audience there are so many ways to make money it's pretty astounding and we're not even that i mean we're just like semi popular in a relatively small niche yeah so like let alone if you're like these twitch guys and you you're you're actually really popular but it's it's pretty astounding how many like revenue streams are available to us just because of all these this like we all these creator type tool things totally like i saw some guy tweeted today he goes bro at elon musk give me my blue check back and had like eighty thousand likes i was like who's is this guy pretty he's like a he's a a soccer player at met like man city or something like that and i was like he's got like millions of followers i was like wow you know like it's like there's so many levels of fame like that guy is not famous at all compared to like you know justin bieber or whatever and justin bieber is not famous compared to whoever but like you know down if you go twenty runs down the ladder it's like we're like moderately known in a tiny niche and then i i sent you that link of that those guys who discuss like i don't know it's like body builders or something like that are they they're discussing like working out or stuff like that they like a sleep pricing setup oh yeah i was on their podcast they're awesome what the yeah yeah i was on their podcast a couple years ago the mind body wow is it mind body pump or just mind body yeah that's that's the ultimate resume for your for your fitness influencer career i did it it to youtube yeah like i think that video had like i don't know i wanna say eighty thousand views or a hundred fifty thousand views something like that but just not like you hear of bigger numbers but that's big that's the like we get less than that at our youtube and i feel like we're big now they're big and they're in just like another niche but their niche lets them do a lot more big is more broad the peel like it was a bunch of dudes out there wanna be like more muscular like people wanna lose weight and so you know they can flip on one you know white labeled supplement or course or whatever the heck they want and you know that that type of following can print i don't know again five to ten million dollars a year for sure possibly you know without like the stress of being an entrepreneur trying to invent a new product and go to new niche and then it has a bunch of downsides right like the guys streaming ten hours a day for seven years straight like the biggest problem with content is you're usually on a treadmill and like you you feel like you can't get off like twitch streamers have this all the time where they feel burnt out because they're just like they feel like if they stop they'll lose everything and it's true if they stop they actually do lose quite a bit of like you know like sway with not only you know their subscribers but the algorithm them and things like that so you know i think that's the downside of these models you have to build a business that's beyond that so those guys the what's it called the i i listen it all the time i'm totally blanket mind body pump is that what it's with sal and adam it's like the they're based out of a sacramento so they they just bought a bunch of airbnb or they bought a bunch of properties and they're turning them into fitness airbnb and so that's like a good example that will it will it'll extend beyond them but yeah yeah i mean like what do you do like have there been any examples i think you know who jenna marble says yeah so she's like she was got popular in my mind when she was on bar stool and then she bailed and went to youtube and became like one of the biggest youtubers of all time i'm pretty sure that she like got her cash and got her money and i don't even think she posts anymore even though she has many many tens of millions of subscribers how many i like internet slows i can't even pull it how many subscribers is she's she's got a ton on youtube i i think like fifty or sixty million she was one of the first people get popular i feel like she got popular like i wanna even say before youtube she got nineteen million subscribers she's been on for ten years when was the last video i have no idea know she still posting regularly i don't think she post frustrating especially but she has a a brand of dog toys called kirby and worm and mister marble so she was one she she's had twenty if she you said she has twenty million or eighteen million she's had that forever and i'm pretty sure she's just like made her money and bailed and just left yeah like her last video was one year ago it was casey nic neistat i did that too because he was vlogging every day and then he got paid and he just says i'm out yeah it's way to go so i think if you're on on that intense of a treadmill it's it's pretty tough if you can't like you know get you out of it by way there's a guy who tweeted at us he's like i i think he loses a podcast i'm gonna find his like exact details later because it's hard to just twitter dm searches as like impossible but basically there's a guy who's just buying up youtube channels that are non faced non face youtube youtube channels such just the branded is something else so there's no jenna marble there's no personality to it and he buys these up for you know he basically you know he's just looking at their youtube like is looking at their youtube like you know revenues or whatever and he's like cool i'll make you this offer so i can i can buy this thing out this much or whatever and and it's like interesting i i hadn't really heard of somebody rolling up youtube channels like that but i think that's a pretty cool niche issue i think that would be a good idea i think if you did it with a face it'd be a horrible idea because i imagine that if you could make a list of people who you'd like to have work for you a youtuber would be incredibly low on that list well yeah right it's hard to buy them out right because they you know that they no longer have the motivation to to create content and then you're stuck because you can't just be like hey it's me now i'm here yeah body high i'm here alright what else we wanna do let's do oh what other random one dude so have you ever filed for a trademark yourself it's kind of a pain the butt in it i think i had a lawyer do it yeah but i like went through i tried originally like bridge bootstrapping it and just like you didn't on my own i didn't know how to do it so i get this i get this letter so this letter comes in the mail six months after we file it's from this company called don't if you see w t p i'm like oh maybe it's sound about it's powder yeah sounds legit trading it says at the top trademark publications and has got our company name our address and it says reference number blah blah blah application date blah blah classes blah blah blah and then it has a giant thing of our trademark and it says here's your fee for one thousand four hundred twenty dollars please pay the amount on acceptance within ten days by check don't forget to quote your reference number make it payable to scam w like oh cool but i thought i sure already paid for the trademark so who who is this and what's this for and then here's what it says in the like look at this fine print here at the bottom yeah in the bottom box here so like you see this like size three print so here's what this says dear madam or sir oh now you're sounding like my uncle in india writing an email to me dude anytime i get a dear sir i know it's i know it's not good yeah a dear sir and i eat buying dear suck alright so it says the publication of your public registration is the the publication of your public registration of your trademark is the basis of our offer what does that mean all they're gonna do is just public publicized that we have made a trademark that's what they're charging me for fourteen hundred dollars do they work for the trademark office no it says so here here's what it says this is an offer for free entry into our database w w w dot w p t w t p dash register dot com this is not an invoice you are not required to pay the above amount unless you accept this offer oh the details in our general terms and conditions right it's like what a scam and that you know the all they do is they just monitor every trademark filing which is like yeah gotta be you know i don't know whatever tens of thousands a year and then they just send this letter out and they're just fishing for a sucker they're unit it's just like sir out fair the the car and the one sir yeah sir short for sucker they're they're just looking for have you seen the car warranty or home warranty shit no is it the same it's the same thing have you met anyone who runs one of these scams no if i did i'd give them a strong talking to it would be really fun to like was just like have you seen on a on the office they go michael scott has to ask the question but it can't sound mean instead of saying how do you sleep at night he just says how do you sleep at night that's just like and that's like what like it's like what to like the bosses are around but toby leaving and then it's got change question to like where do you get off who do you think you are that's like the type of questions i wanna ask these people what do you like what do you how do you go to bed it at night knowing that you're just that's for questions to you w t how do you sleep at night yeah so you wanna meet here at my first sleep at night amazing alright we can wrap it up there had a bunch ideas we didn't talk about any of them but that's okay we do it next month

Episode Notes

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) talk about how easy it is for content creators to make millions, the women of Elon Musk, trademark scams, and more.

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Links:

* Naked and Afraid

* How Is Felix Today

* House In Habit

* Justine Musk/Quora

* WhistlinDiesel

* xQcOW/Twitch

* The Mind Pump Podcast

* Jenna Marbles /YouTube

* Trademarks and WTP scam

* Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.

* Want more insights like MFM? Check out Shaan's newsletter.

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Show Notes:

(07:10) - Naked and Afraid

(10:20) - How is Felix Today

(15:30) - Justine Musk on Quora

(18:30) - House In Habit on Johnny Depp trial

(29:40) - Celebrity poker game

(36:55) - How much streamers make

(48:50) - Trademark scam

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Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more.

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#169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett

• ​​​​#218 - Why You Should Take a Think Week Like Bill Gates

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