Unpacking the Amazing Clever Summit '22 EP 46 01:07:05

From the art of the deal to keeping it real. Live from the Simply Vegas studios, it's The Power Move with Jon Gafford. Back again, back again, back again for another exciting episode of The Power Move.

I'm your host, John Gafford. To the left of me, Colt Dr. Facts. We don't believe anything Chris says anymore, so now we brought a computer to fact check. He's brought a computer into the podcast. He's smarter than Google. We're going to start fact checking and looking up definitions for all these words. I don't even know how to spell this, though.

I already told you I was a mountebank. And that's how it's going to be. Yeah. And with us always is the counselor, Chris Connell. How are you, counselor? Living the dream. Getting my head kicked in today, but talk about that. Getting your head kicked. You know what? That sounds like an... We can just go with that as a topic as it was. But man, there's a lot to talk about today. A lot of things we're going to talk about on the podcast. Talk about things we learned this weekend from the Clever Summit, where I was lucky enough to be a speaker and be there, which was great. We're going to talk about some...

Little things that have happened in the media the last couple of days, Mike. I don't know, maybe Elon buying Twitter. Maybe Melvin Capital getting absolutely smoked betting against the meme stocks. And we're going to talk about maybe how to figure out who you want to be and what you want to do. And I know that seems like a little bit of a deep topic, but I think we're going to – we've got a cult here. So anytime you can go deep when you've got a cult. Are we going existential or are you talking about just professional? No, just professional. I don't think we're going like you want to save the universe. I think that might be a little too deep for us as we go along, but that's it.

I had a lot to speak on that. I guess I'll hold on. Yeah, well, we'll go wherever you want to do it. You know how that is. We'll go wherever you want to go. The answer is 42. We just have to walk it back now. I just got to walk it back to that. So this weekend, man, I was lucky enough to speak, like I said, at an event called Clever Summit. It's Cody Sperber's event, Cole Hatter's event at MGM. There was about 2,500 people, I guess, in person.

Another couple thousand online. The lineup was just ridiculous. It was, you know, Robert Kiyosaki.

Those guys. It was Chris Crone. It was Pace Morby. It was Jamil Damji. It was Amy Mori. It was me. It was Nick Marietta. It was, you know, the list goes on and on and on and on and on. I mean, big people. It was Dan Fleischman. It was, I mean, I can't even think of it. Ed Milet. It was Robert Kiyosaki, if I didn't say that. It was Billy Gina's marketing. It was, there were so many people.

good speakers at this thing that was amazing. And I was so happy that a lot of our agents here made the investment in themselves to go down there and be exposed to that. And it was really interesting talking to them, hearing some of the life-changing kind of advice that came out of that. It really was. You know, when I go to those events,

You know, a lot of people just kind of do their part and then they bail out, right? They just kind of, they do their spiel and then they're gone. I spent a lot of time milling around because, you know, I'm going to take the advantage and I'm going to take the opportunity to learn something. Right. That's what I wanted to do. So as we went through there, just a couple of real quick notes that I took from the weekend that I thought little things that I thought were interesting that I heard and we can talk about. So the first thing I want to talk about

was at one point Dan Fleischman was up there. They were talking about NFTs and metaverse and all of those things. And he was doing a panel. And Dan was telling a story where he said, my 21-year-old nephew came to me a couple years ago and said, hey, do you want to invest $12,000 in this piece of land in the metaverse? It was a green dot on a black screen.

And Dan's like, I didn't understand it. I didn't know what it was. And Dan is a very successful investor, very successful, utilizing his 40-40-20 technique, which is 40% conservative, 40% mid-level, and then 20% complete flyers. Just take a flyer. But he said, I didn't really understand this, and I didn't have a good feeling about it, so I passed.

He goes, my nephew about a month ago just sold the most expensive piece of land ever sold in the metaverse. Same $12,000 investment. Just sold it for, watch Colt's head pop off, $2.3 million. Same green dot, same black screen. Now, hang on a second. Hang on a second. I've got four green dots in my office. But here's, hang on a second. Here was the lesson from that. Dan goes,

I don't feel bad about it. I don't feel bad at all because at the time that it came up, I did not feel good about it. So if I didn't feel good about it at the time, I cannot look back with regret on something that I genuinely did not feel good about at the time.

And I thought, man, what a great way to look back at something. Because how often do we've all had opportunities that have come up in our life that we could have done something and then we didn't.

And then you have this massive twinge of regret of what you did. And he was so honest with himself like, I didn't feel good about that time. I'm fine. Sure. I mean, you have to have that attitude just in life in general. What if you didn't turn left that day and you went right and got hit by a bus? I mean, all these...

you know, I should have, that's a negative thing. No, but I'm saying like you can always, but you, but you can know you can turn into a positive. I'm still alive. I haven't made the poor decisions that ultimately in an alternate universe would leave me dead.

No, that's a great point. You know, if you live in the rear view mirror, you're going to... What do they say? Comparison and things like that are the thief of joy. Yeah, absolutely. So my life now, if I did this, it's just going to steal your joy. There's been like one or two investments. I'm like, shit, you know, I missed out and it kind of eats at you, but...

there's been a million investments that don't eat at me at the same time right like you know dogecoin or dog coin whatever everybody calls it something different right but it's doge i know but they started off people were calling it dog right at the first thing when it was nothing and i literally tried to put like ten thousand dollars into it at this was like three years ago and that one eats me up because i just was so dumb i couldn't figure out how to buy it but you know

I couldn't, this was, I mean, this was a long time ago. This was three. No, it's yeah. About three years ago when it just starts, it's crazy. But, uh, you know, investments. Yeah. You're going to have bad investments all the time. And you're going to have a bunch of good ones. And if you didn't have the money, then, you know, maybe you'll have it now. Right. Speaking of people that may have regret currently going for an investment, uh,

I don't know if you guys saw this, the open letter from the head of Melvin Capital to their investors that came out today. In case you're not aware who Melvin Capital is, Melvin Capital was one of the big hedge funds that decided to bet against what is now being referred to as the meme stocks, which was like GameStock and AMC when it was nothing but, you know, the

what was it? Diamond hands and the apes, you know, holding for the life and all that, you know, and these guys were the ones that were shorting those stocks and betting against them.

And I guess the bill came due, Chris. Well, you know what's funny? The irony is that AMC is actually a really fundamentally good company in a lot of ways because of its other online content. Like people thought, oh, no, he's going to movie theaters anymore. Let's short him. I'm going, if you look at their PD, you think they make money. Yeah. And I think they're now taking it and trying to run, right? I haven't looked at them, but they're trying to take that capital and run. And honestly, I think it was a good bet, right? I think the unknown of these young kids don't give a fuck about their money

was not something people... And the Robin Hood traders. Right. They didn't comprehend, like, they weren't out to make a ton of money. Now a lot of people jumped in, but that main group was there just to screw the system. Yeah. I'm an old head, though. You know, to me, this is the death of investing. Yeah. All this stuff is the just absolute...

of pure speculation in the markets. Investing, to me, I'm like old school Warren Buffett. Find a company that generates positive cash flow, generates a lot of money, really good underlying principles. With actual fundamentals. With actual fundamentals. Apparently, that makes me a dinosaur. Invest in companies that actually make sense. I missed the boat, apparently. Well, I mean, we'll look at all the giant, I mean, even all the giant real estate companies. You know, you've got...

they don't want to turn a profit. You know, people are like, you know, talking about offer pad and open door and those big publicly traded companies that are, are, are open door. And specifically, you know, they don't want to turn a profit because as soon as they turn a profit, now there's,

Inevitable valuation on that company, you know currently their evaluation is sky-high based purely on speculation Yeah, the days of the days of having a Wall Street traded company that turns a profit You don't want a profit because when you do that then you can have a problem. It's a it's such a such a strange time Those funds also get manipulated by the market as it goes down right?

You know, I'm looking at pro lodges. They're down 2% today, which...

In theory, prologists should never be down. See, this is why you have a computer now, Colt. Fact-checking. I'm liking this a lot. You can pull up the real data right now. You sound twice as smart as I am. He does. Let me go to TMC then. At some point, I'm going to look over and he's going to be watching a Disney movie. I'm confident of that. But until that day comes, we'll be fine. I could recite Encanto. I know. We should just do a whole thing of me singing Encanto. I just...

You know, you know, you know, it cracks me up. You know, it cracks me up. So obviously we do the podcast cause we love it and we want to educate. We want to entertain people. But a byproduct of that is all of my social media, which for the last five days has literally just been cold. I went to meet John at, uh, MGM and, uh,

I'm just walking through the casino and I'm full of Instagram and it's just me laying on my couch on my Jesus. Just like what? My wife goes, it's called a therapy session. Right.

Every day. Every day. Every day he's in a therapy session. Can we talk about how great T.I. was? We'll get to T.I. in a minute. But the letter from the guy at Melvin Capital essentially just said in a long wordy way. Mea culpa. No, it was mea culpa.

My bad. In legal, we call that mea culpa. Yeah, my bad. That's really all he said. Got this one wrong. Should have listened. My bad. Half your money's gone. Sorry. And what are you going to do about it? And yeah, there's nothing they could do. Because in order to be in a fund, you have to be a credited investor. And some people think, oh, I could just go do that. No, no, no. You have to declare. You have to go through these steps and show that you have the money to even go into a hedge fund. Oh, yeah. No, no, no. Yeah, people don't realize.

do that so you don't get take advantage of right right it's hard most people it's you screw up you screw up big time if you go to jail and you're using credit investors right like you're totally defrauding at that time well no but that's only if you're doing something so if i go out and i take a shot on a derivative let's say i buy some put and i up and it was a bad call and i didn't understand the fundamentals but you invested your money and you're an accredited investor that means

You were smart enough to know that you were putting money in the market, that you have the money to lose. That's effectively what gives you protections on the hedge fund side. Yeah.

That's why they only take it from accredited investors. That's why large investments are required by the SEC to be accredited through accredited investors so that you're not taking widows and orphans, right? You're not taking these people that should be on fixed income or that don't have the money to lose their last 50 grand putting it on black. Which happens more often than it probably should. So yeah, be careful. But back to this weekend. So lesson number two takeaway from all the information that we got was this.

I was lucky enough to spend a few minutes alone with Robert Kiyosaki, not in his room or doing anything weird. Just, you know, just being able to have just just just one on one with the man. Right. And it was just fascinating to sit there and listen to him. And just like any other great communicator, all he wanted to know about was me.

Like he was super cool, super cool. And just, and I got to tell you, just down to earth and no games, dude, no, no games at one point, you know, the two things I can remember off the top of my head that he said, you know, to our group and it was smaller than the whole room was a number one. He said, uh, and I thought this was an interesting take. He said, uh,

You know, I don't remember how it came into context, but he said it was a school teacher Somebody asked as his kid or somebody asked kid they said were the three wise men in the Christmas story Were they rich and the kid said yeah, they were rich and the teacher said well, how do you know that and he said well because they gave him gifts of you know, Frankincense myrrh and gold so for them to have that kind of stuff They would have to be rich and the teacher said no that's wrong the reason you know that they're rich is because they sought out the best teacher and

And when I heard that, it was like, oh, okay. And the one thing I can tell you, and I'm going to give, I'm going to give my dudes a pace more being a Jamil Jamji, just such a shout out for this. And it's up to me. Yeah. Right. There you go. But, but here's the shout out, man. The shout out is this is,

they, the majority of that room was theirs, man. They, they brought so many people to that event. And when you look at the amount, I mean, everybody there was there because they wanted to share knowledge and make people better and share education, do those things. But when you look at the passion that those guys invest in others with, and the level of love that they put into their, their tribes or their networks or their groups, it's,

it's really amazing. And I think everybody else that's there as an educator or as a mentor or somebody in a position where somebody was going to look up to what you do, I think it put all of us on notice a little bit. Man, I got to step it up. These guys are, I mean, this isn't, and I'm not saying when I go try to help people, it's an act. I'm not trying to say that at all. But what I'm saying is these dudes are,

breathe it like oxygen. Right. But Jamil, Jamil is one of those guys that was going to be successful whenever he did. Yeah. Cause he made him and he's infectious. Right. Just so happened to pick something that can be profitable. But have you ever seen his comedy stuff or his skits or his acting? Any of that stuff? It's hilarious. Guy's really talented guy. Like he just has that factor, the X factor. Yeah. So when you meet people like that, it's when you meet celebrities in real life. Yeah. And it's not because they're celebrities because there's that whole

after therefore because of we call it ad veracundium or I think it's google that come on Colt post hoc I self corrected post hoc ergo propter hoc see just the threat

The threat of the fact check has got him corrected himself. I love that. After this, therefore, because of this. Latin. After this, therefore, because of this. She said, oh, he's a celebrity because he's got this thing. He's just stunned. Post hoc ergo proctor hoc fallacy. It's when you...

You look at those people, you say, oh, well, I feel that they're a celebrity, therefore they're charming. It's like, no, no, no, they're charming because that's why they're a celebrity. Yeah. To make it through in that world. He's using that correctly, just so everybody's know. Yeah, he did. He used it correctly. I'm going to get you a bell. I'm just going to get you a bell so we can ring it like, bing, that's correct. Right, there you go. And just to clarify, an ad veracundium is an irrelevant appeal to authority that has no business being authority. Anyway. Okay.

because this concludes our Latin lesson today, but you meet those people. And like I said, every time I've ever met somebody who's truly famous and not the ones that do it through academics, those people sometimes don't have the factor. They're obviously brilliant. In fact, the it factor, they don't necessarily have the it factor, but if you meet a famous celebrities, I met Quentin Tarantino one time. I met a few celebrities, but Quentin Tarantino,

But Quentin Tarantino had one of those things you go, there is no way anybody understands how present you are as a human being until they meet you. Yeah. Because I was already a fan. Oh, he's cool. But he was so engaging and he looked you in the eyes and just all these X factors, right? I thought he would just be kind of an asshole. I probably had a lower expectation of him than I should have. Yeah. And it just had that X factor. Isn't that always great when you have a low expectation of meeting somebody and then they exceed it? Isn't that great? Always have low expectations of people. Yeah.

yeah magic was awesome he was one that exceeded it magic johnson yeah are you are you watching the show time are you watching watch the first episode and then dude turned on it i gotta watch it super good yeah it's super good dude john c reilly just about the bus family right yeah

Yeah. John C. Reilly is so funny. He's great. He's Dr. Bust, dude. Just look at him like, you know, dude. He plays a dad? He plays Jerry Bust. He plays Jerry Bust, yeah. And he's amazing. He's so great. Great job. You just totally buy him as like the full-on 70s playboy just hanging out at the Playpoint Mansion. Just signing big celebs. Oh, dude, you just totally buy it. I'm going to watch it. It's on my list. It's so funny to watch. But back to Kiyosaki. So the second thing that I'll say that he said that I thought was really, really funny was – well, not funny –

But we're sitting there talking. It was a small group, and he made a comment at one point. And if you hear this, please don't think I'm being elitist, but it's the truth. And he goes – this came out of his mouth. He goes –

He goes, at one point he goes, it was like, you know, people that, cause he was talking about people that own businesses create, you know, they create, they create jobs for others. They create for other people. And he was saying how, how awesome the event was because all of us there were there to help people create. That's what he was talking about. He goes, you know, because it's going to create businesses, which create employees, you know,

And then Cody Sperber goes, I don't call them employees. They hate being called employees. They hate that. Don't call them employees. Call them team members. And Kiyosaki, without missing a beat, goes, no, fuck them. They're employees. You are an employee. He goes, fuck them. He goes, look, there's two kinds of people on the planet. He goes, there are people that crave security and people that crave freedom. And if you crave security, you're going to be an employee.

And there's nothing wrong with that. It's not pejorative. No, no, because it's fulfilling your personal need, what you need at the time. Sure. He goes, but if you are someone that is craving freedom, you're going to probably be an entrepreneur and create that freedom in your life. He goes, so people that, you know, you're

people and employees know their employees are employees for a reason because they want security. I love employees. Good employees are, you know, oh, you're a team member. It's like, oh yeah? Then how come I'm not getting the ball? How come I'm on the bench all the time? You know, it's like,

You have to understand that the word employee is not pejorative. No. Literally, it's just a descriptor. I think the last 10 years, everybody's tried to make employee be such a negative thing, right? Well, just treat your employees better. Yeah, yeah. But I think everybody thinks, oh, you shouldn't work for the man. You shouldn't do that. You know what? There's a lot of people that need to work and that are great employees. I mean-

I deal with it all the time. You meet people and you're just like, whew, man. My parents were born employees and they worked as employees and they were probably two of the best employees I assume anybody could ever have. And in that, when I was an employee, I wanted to be a good employee. Do you think they learned that from their parents? Like, was your grandmother a good employee? My grandma was not a good employee. She was not. Shh.

Evil grandma. Evil grandma. Evil G. Well, they actually were entrepreneurs. So it turns out they were kind of entrepreneurs, oddly enough. They had a nightclub. They had a convenience store, all this stuff. Really? My grandpa was deputy chief of police. Oh, wow. As a detective and stuff. They were buying. They bought a nightclub for teenagers. Yeah, no, it's a scam.

They bought a nightclub called the Go-Go 7, and they had live bands playing, but it was for teenagers. So they had a convenience store. They also had that business that I wasn't aware of. So Regina Convenience was parent. Well, I mean, convenience. 18 years old in Regina. That's it. Apparently they had a teenage club. It was just giggling like a child, which is so funny.

Anyway. Sorry. Colt's a father. Colt's a father. He's got kids. All right. Back to your life, Colt. Sorry, Colin. Colt, just because your daughter's married off doesn't mean that. That's how it goes.

People are like, what? Yeah, okay. Where were we talking about? I don't know. We got sidetracked. Employee isn't a pejorative. That's what it was. That's what it was. So, man, that's funny. Are you just looking at memes over there, Cole, too? He's reading dad jokes, which, by the way, I now have a new favorite dad joke. Okay.

Would you like to hear it? I would love to hear it. All right. Here's my new favorite dad joke. You never have to ask that ever again, by the way. I know I don't, but here's my new favorite dad joke. I would torture my children with this and walk. I must've told it to him like eight times. So here's my thing too with dad jokes. Not only do I tell them over and over the same joke to my kids, I then explain it to them like they don't get it, which drives them insane. Yeah. All right. So just so you know, mansplaining is when a man explains something. Oh yeah. That's actually to me. All right, here we go. So here's the question. You ready?

How does the hippie polygamist count his wives?

One Mississippi, two Mississippi, three Mississippi. That's nice. That's good. I love that joke. Colt, do you get it? Mrs. Hippie. Yeah, I got it. I'm not playing that to Colt. He demands play that. I'm just choking over here. Yeah, I love that joke. That's my new favorite. Oh, man. I got to have this morning. I got a lot of jokes. So back to what we were talking about. Robert, I loved listening to him talk. He was great, wasn't he? Oh, just so great. He was great. And so it's so...

straightforward about it right like everybody else i think was hey be positive be this right and he was just straight forward he just old school yeah he was and it's investment it's investment you know outlook is very old school too which is nothing wrong i mean i still agree with pretty much everything he said well i love that you know his main point was you know he says he said i love inflation

Because I love debt, which is funny. We talked about Robert Kiyosaki and Dave Ramsey having altering views on that. That was 100% the point because you look at it and it's like he says, yeah, if I have debt, inflation shrinks the amount I have to pay back because that debt is paying for assets that are appreciating, which makes a lot of sense. It's kind of honestly why also inflation is good for the U.S. government because we have a tremendous amount of debt.

So the less those dollars cost to pay back, or the less or worse, the better off it is for the country. You know, weird sort of screw the middle class to save the entire country. That's exactly what it is, but not a bad, not a horrible thing. That was it. And then here was another interesting takeaway that I had. I won't say which of the speakers this was, because I don't know if they want this out there, but I was talking to one of the speakers, and this is a person I consider a friend. And you know what? I'm going to tell another story. I'm going to tell you a personal story. Oh.

of kind of foolishness. And here's what it was. So I walked up to a friend of mine, I forgot to tell a story. So there's a guy that I know that throws a very large event, very similar to the event we had this weekend. And there was another friend of ours that's tied enough to that person where I thought they were really connected with it. And this is maybe seven, eight months ago. So

This person that's this loosely tied to this other person tells me, hey, I really want you to speak at the event. And I'm thinking, cool. Yeah, I'd love to do that. It's another big room with like 2000 people. I'd love to speak at that event. Cool. I'm going to get I'm going to get you a slot. I'm going to get you a slot at this event. Oh, yeah. I don't know if you remember me talking about this. I did. Like, let me get you a slot. I'm going to get you a slot.

So, you know, like a couple days go by and I hit the guy up and text. Hey, man, what's going on? I need to confirm this. Like, you know, if I'm going to do it, I want to go all in. I need to make sure I'm super prepared for it. He hits me back. He's like, oh, you know, hang on, man. We're just going to move some stuff around. I haven't really heard, you know, we're working on it. So I hit him again. And then I turned into like the thirsty, you know, the thirsty person that's chasing this opportunity. And I'm like,

It's too much like I get to a point where I look back at my text like I'm embarrassed by how much I chase this and I start and I come to the conclusion I'm like well, I guess the dude that's telling the event doesn't have any interest in me speaking right and it wounded my pride a bit Sure it did now this event was butted up against another event than another friend of mine had Right and it was butted up same room back ended one day later. I

So I go or actually my buddy my second buddies event was at night in between the day sessions, right? So a friend of mine was in town from California. He was speaking at said event at night and

So we said, go down with me. I said, sure, I'll go to that. Now, first of all, this is an event that I would have gone to just to go mill around. I could have gone for free, probably milled around, but my ego was never going to let me go down to that main event because they don't want me to speak. If I'm not going to invite me to speak and I don't go speak and I ain't going to speak or I'm damn sure not going as an attendee. Oh, absolutely. Right. So I go down there that night and to the other person's event, you need a whiteboard to follow the story. Sorry. I go to the other person's event and, um,

As I'm standing there talking to the other person, the main guy that was hosting the main event walks by and he looks right at me and he says, oh, I see you can come down here for this, but you can't fucking come to my event. Like, fuck you is essentially what I got. And he walked off and I was kind of like, well, you know what? Fuck that guy. Yeah. Well, right. I mean, what do you expect? Right. So I kind of felt bad about it. And that guy was a speaker also at this event that I was at.

So I just felt myself, it had been seven months of some, some weirdness and of weirdness of going on between me and this cat. And I thought to myself, you know what? I'm going to put that in the rear view. I'm going to be the bigger person. I'm going to go talk to him. And I just want to explain to him what happened. Yeah.

And I walk up and I told him the story, you know, this person had invited me to speak and then I chased it too much. And then for whatever reason, you know, it didn't work out with you guys. And then I was embarrassed because I felt like I chased it too much. And then you guys didn't see me as having enough value to be on that stage. And then my pride wouldn't let me come down. And that was a foolish thing. I should have just sucked it up and just whatever. And blah, blah, blah. And the guy looks right at me and says, this is the first time I've ever heard you wanted to speak at that event. That's right.

He goes, I could have told you that was going to, what was going to happen. He goes, he goes, bro, I would have made a slot for you in two seconds. Of course. He goes, of course. Of course I would have. And he goes, who taught? And I told him, he's like, oh yeah, that's, that's pretty much part. And it was so true. Cause he called over his other guy. That's also helps him with the vet. He goes, listen to what just happened. And then the guy just shook his head and was like, yeah, that's par for the course.

And here I am. So the moral of the story is this. Here's the moral of the story. I was running around for seven months. Talk to the decision maker. Well, that's talk to the decision maker, number one. But never assume you know what other people are thinking about or their opinion of you is. Because chances are you're probably wrong.

Yeah. What's that hold? Your opinion of me is none of my business. Yeah. It's none of my business. But anyway, back to, so back to what I was saying before on the other thing real quick, and then this will lead us into our, into our next segment. Cause we really want to talk about more dad jokes. Is this more, I guess more bad and more dad jokes if you want, but here's, here's the, here it is. So I'm talking to one of the, one of these guys and he had told me last time I saw him that he was going to do an HGTV show, right? Is what he had told me. And, uh,

this was before COVID started and they were working on it. I said, what happened? And he said, nah, you know, with COVID, the production got stopped and, you know, they really wanted to be vaccinated and it wasn't my thing. So I just said no and I'm out and there you go, which, you know, believable, whatever. Each to his own, who cares? And I said, are you going to do it? You know, he goes, now it's come back around. But he goes, they want me to, you know, they want it to be a flipping show. He goes, I'm not flipping.

Everything I'm doing is buying and holding into Airbnb. I'm not flipping houses anymore I don't want I don't want to be the flip guy and they want me to be the flip guy train left the station So yeah, he said he's like I would rather say no then because he goes if I say yes to this I'm gonna be the flip guy for the next ten years and I'm gonna have to be I'm gonna have to be being something I don't want to be for ten years for the sake for the sake of what money I got money and I was like wow, I

And it really kind of hit home, you know, for me, like, who do you really want to be? Because, you know, the topic that I was even there speaking about at this convention was luxury house flipping, of which I am invested with, you know, Nick Marietta, who's a great dude and does a great job. And that's his forte. Right. I, you know, if anything in that department, I'm there as an accelerator. You know, that that's my deal with what with his company that he's the genius at that. I don't want to be the house flipper guy. That's not that's not what I do. Right. Yeah.

And yeah, it was a really interesting kind of weird deal that happened there. So I think one of the things you got to know, if you don't know what you want to do and which direction you want to go, like they say, if you don't know to which port you sail, no one is favorable. So when we come back from the break, we're going to talk about

We're going to dig deep into Conor. We've done a dig deep into Colt before. So just these speaking events. I have a dad joke about a speaking event. I'd love to hear it. Is that what you were looking up over there? I would just make sure I got it right. All right, got it. Because I was just like, wasn't there a dad joke? Before the break, give it to me. Yeah, give it to me. Okay. You heard about that scientist who is an absolute brilliant scientist. Okay.

who cloned himself so he could be in academia and working and professing while his clone went around doing speaking events for him. Okay. You heard about that? No. So this clone makes this, so this, the scientist, brilliant, brilliant scientist makes this clone to a T perfect version of himself to go do all these other things made up in the laboratory, except that this clone had an absolutely filthy mouth on him. So he'd be up there talking about quantum physics, be like,

ah, you know, and this and the fucking, you know, and the photons, they fucking smash into each other. Just filthy mouth on this clone, right?

And so the scientist is going, I can't have that. He goes to the clone and approaches him going, hey, you know, I appreciate you going out and doing all this stuff, but you can't do that. You can't do this stuff anymore. You got a filthy mouth. And he says, oh, go fuck yourself. What are you going to do about it? You know, you're not my, you know, you're not my dad, blah, blah, blah. So all of a sudden the scientists just rot with, you know, you know, worries about what am I going to do to get rid of this clone? He's my clone. I can do with him what I want. So he said, okay, come on, clone. Let's go for a drive. And so he drives him in a nice car.

Sun said, hey, let's work it out. Let's chat about this. Go fuck yourself. This clone is just a filthy mouth on him, right? So the scientist is talking. All of a sudden, smacks him in the head and wraps him up. And he throws him over a cliff. This clone of his. He can do whatever. It's him. You can't murder a clone. But all of a sudden, right as he's throwing his body off the cliff, a cop pulls up. And the cop is like, oh, my God, what did you do? You just murdered that guy. And the scientist goes, no, no, no. You don't understand. I'm a scientist. I'm a world-renowned scientist.

That was actually my exact clone that I made in the laboratory out of just organic materials. So the cop goes back to his car and starts writing him a ticket. He goes, well, I just explained to you. I didn't murder anybody. He's like, no, no, no, no. This isn't a ticket for making an obscene clone fall.

An obscene clone fall. We'll be right back. Stupid. Hey, it's John Gafford. If you want to catch up more and see what we're doing, you can always go to thejohngafford.com where we'll share any links that we've things we talked about on the show as well as links to the YouTube where you can watch us live. And if you want to catch up with me on Instagram, you can always follow me at thejohngafford. I'm here. Give me a shout.

Back from the break. Welcome back to the power move. If you're catching us on YouTube for part two, make sure you like and subscribe. Click that little notification button in whatever podcast system you're listening to us on, whatever it may be. Do me a solid. Give us the four or five.

You know what? Give us the max star rating. Is that better to say? Cinco Australia. If I say four or five, they're like, yeah, that's pretty good. I'll go four. Whatever. I can't believe we can't come as a society to a standardized rating thing. No, I agree with that. Cinco Australia. No, I give it up to you. I agree. I totally agree. You know what? Speaking is coming together as a society. Today, we're talking about doing what you want to do or figuring out what you want to do. And you know who just did what they wanted to do? Elon Musk did. Yeah.

Oh, he sure did. He sure did, my friend. It's what we call fuck you money. It is. It's what we call it. Yeah, you know, I think there's been so much said about this. And I think my favorite thing that's been said is whichever side of the needle your political views fall on, if you are conservative like Colt and I or a bleeding heart liberal like Chris. Just kidding.

I think my favorite thing I've said about this is, and I don't, I think it was Elon. I don't know if he said it or somebody put the words in his mouth on a fake tweet, whatever it was, but it said, uh,

if the far left 10% and the far right 10% are equally pissed off about how things are going, that's how you know you're doing the right thing. I saw a tweet of his, one of those fake tweets, you know? It's like just their name. He goes, now I'm going to buy McDonald's and fix all the ice cream machines. It's like no one man has all that power. Nobody has that much power. No, I think, no, I love the one that said, now I'm going to buy Facebook and shut it, turn it off. Yeah. But you know what? He really could do. He could. I mean, this guy,

Would you ever spend that kind of money to prove a point? It's not money. I mean, it's not money. No, he doesn't care about the money. I love the one too. It says, how pissed is Elon going to be when he realized he could have downloaded Twitter for free from the app store?

He makes a good point though, right? He says, no, I don't like Twitter. I don't use Twitter. I mean, I have a Twitter account. I'll go on there to check on a couple people I like, but it's just not a platform I use. The older I get, the more I'm starting to use Instagram just for funny memes and jokes because I really stopped caring a lot of times about certain things. I'm not worried about other people's opinions as much. But Twitter is kind of a town center. It does have that global consciousness. Global sort of place to speak out. And I'm not a...

I'm not a cancel person. I don't like the concept of prohibiting us from talking about bad ideas. And I was watching Bill Maher on Joe Rogan the other day. You want to talk about a funny sort of thing where people are starting to call Bill Maher right wing?

And you listen to what? Yeah. People are starting to say, oh, you're getting more right wing. He goes, I'm not getting more right wing. You're getting way too fucking left. He goes, because if you would have talked to me 20 years ago about canceling police departments or, you know what I mean? All these things. I would have disagreed with it then. And I disagree with it now. I've always been about your rights to be left alone.

And as a true liberal, like if you look up the word liberal cult in your definition, everybody in the definition called, give me a true definition of liberal. Were you trying to find a dad? No, I was looking at, you were trying to find a dad joke. Look at there's some good, but anyway, a liberal is somebody that has been,

is freedom paramount, right? Yeah. Liberty is the root word of liberal. Okay. So people use it as a pejorative and you say, wait a minute, we're in being pro freedoms. Was it a problem? Right. Um, canceling speech though is something that shouldn't be a liberal platform ever. ACLU should be one of those things where you say, I defend people's rights to have bad speech, right?

Oh, it's like I'm dead. Just like pejorative. Like who uses that? Not the pejorative. Not the pejorative. Who uses that? Have you ever used that in your life? No, no, no, no, no, no. I didn't know. I got to say that's the first time I've ever heard that word. Yeah. Pejorative. Oh, pejorative. Yeah. For those of you listening on cult, what's the definition of pejorative? Expressing content or disapproval. Contempt. Contempt. That's what I said. It's a lawyer. Oh, yeah. So pejorative to use it in a way that's not flattering, but either way,

um canceling speech what it does is it creates those in power from being able to control speech and there's nothing more 1984 than that and candidly you know not not to make it political but the right wing was always the party trying to cancel speech we're trying to cancel lyrics and rap music yeah they were trying to prevent people from smoking pot and preventing people getting married they were trying to put their values on other people right and when that pendulum starts shifting

where you can't say that because now I have the right to be offended, all of a sudden you go, well, I don't know who I don't like anymore. Whoever's trying to stop that from happening is who I got a problem with. Yeah. You know, speaking of trying to stop people from doing things, you know what I feel bad for this week? You know what I feel bad for? The Nets? No. I feel bad for the executives at Disney.

They got, I mean, dude, talk about a rock and hard place, man. You got absolutely squeezed there and there's nothing they could do. How about stay out of it? Yeah. But here's the problem. They couldn't because their employees-

who make the place go round were demanding that they do something to the point where you don't know what's going to happen. Disney is very, obviously, LGBTQ friendly. It's very progressive. It always has been. Right. All of their employees, very progressive.

I think their owner was a Nazi sympathizer initially. Yeah, we can leave that. I'm pretty sure Walt Disney himself was a Nazi sympathizer. I was going to ask the VIP tour guide about that. She doesn't mention that fun fact, by the way. No, but seriously, unpack that for a second. So that's a really good thing to bring up.

What was Walt Disney Company facing, right? No, I'm not talking about when DeSantis canceled their tax. They were facing a walkout of employees. Okay. They were facing. So your employees are going to threaten me, my company. You're going to walk out unless I do what? Unless you vocalize your disdain for this law. For a law. For a law. So as a company, I would simply say, I would open up lines of communication with my own employees first. Okay.

Children that are yelling, children that work, because you're a child, if that's what you do, if everything's a tantrum, everything's a strike. I know in France and I know in other places, striking is a huge part of that labor union sort of mentality. But that's not the mentality in America. Now, for better or worse, whatever. They can do things for fractions of the cost we can because they just organize things better. But if your children employees are threatening to walk out,

Right. Then, then if that's the case, then that's the case. I'm not going to say let them walk, tuck tail and walk. Yeah, because I don't, I don't negotiate with terrorists who tell me how I have to behave from a corporate governance point. If I'm not breaking any laws,

Now, that's not to say don't take your employees' input. If they're saying, hey, we don't want a seven-hour workday, well, you can thank the liberals for employing a five-day workweek, right? So there's things where, over time, these things have helped out employees, and that's a slow-moving needle, and you work it, right? Let's not work in factories all day. You know, 40-hour workweek, great, that's fair. Let's work that out, right? Those are all standard things we see now as... Which they're now trying to reduce to 32 hours. Well, and again...

So all those things move, right? So markets adjust over time with how that moves. But the minute you allow, because that wasn't Disneyland LA. That wasn't Disneyland France. That wasn't Disneyland Japan. That was Disneyland Orlando. It was Disneyland Orlando. How many people were talking? 2,000 people are going to walk out of their job unless what? Unless I stop saying that boys are boys and girls are girls.

Pretty much. Well, I mean, we don't take a position. Our official position is we don't take a position on this. Yeah. And we will provide...

gender neutral alternatives where we're applicable and we'll provide um you know princess dresses in the stores that say size x not girls x or whatever it will you know so question do you think the people at disney that have the power to make that call do you think they wanted to make that call i think that i think that there is this giant fear right now and you can see it in media

That the left has become too loud and just that part of it. Again, I identify to the left on the spectrum because I'm a true liberal. So he admitted it. No, no, no. I tend to be left because I don't like – I don't think religions should control our politics. I don't think religions should control our politics. I think rationality should. All these things where I believe that climate change is real. Right? Right.

There's just things where I go, yeah, I'm not here to argue it. My factual observations tend to put me on the left because it's not, I don't have an opinion on it. I just listen to people who are smarter than me in those topics. Did you see, not to change the topic there, but you see the self-immolation? Is that the word I'm looking for? Self-immolation. Self-immolation. Immolation. The guy said his self on fire last week died today. Like, I don't understand how setting yourself on fire. Well, the Vietnam. Yeah, I remember the history of it. Anyway.

Tongan. Yeah, yeah. The Vietnamese monk protesting a war. That's a selfless act in his view, and it did garner the attention that he sought. And he's a monk. He's a Buddhist. So his whole, I mean, talk about the stones on that guy. But anyway. Like.

But anyway, bitch, swing duck. Yeah, duck. Thanks. You know what? I got to tell you, I think the computer cult fact-checking is now permanent. I love it. If you need any more facts, you better hurry up. At the end of the day, it's not a corporation's place, but there is this fear that they're going to be canceled if they don't do this. Well, yeah.

You're never going to make everybody happy, right? No. But the reality of the world we live in is that within plus or minus one standard deviation, most people are pretty frigging normal. And I mean that in a very common sense way. Normal. I don't think most people are anymore. Maybe six foot four guys shouldn't be swimming. Most people go, it's probably a line that's gone too far.

You hear about the loudest 10% on either side. Those are the ones that get out of bed with an agenda, and you hear about them. The silent majority...

You know, it's pretty rational. I think you're about to see the Twitter pendulum smash those people on the far left. I think you're about to see that come. I don't think Twitter has that power. No, no, no, no, no, no. I'm just saying this is the beginning of the pendulum swinging back to some realm of common sense where it's okay for the world to say, if you're offended, it's your problem. I think that's okay. And we need to have, going back to facts,

People think their opinions are facts. It's not. Facts are facts. You can have your opinion and like a fact or not. I'll tell you a fact. I'll tell you a fact, which was the after party for that convention last weekend that we sponsored. TI still has it. TI still got it, buddy. Got it. We had TI play that after party, and dude –

I'm telling you it was good. He was he was solid. Did he auto-tune everything? No, no, dude He came out and held it down man. It was great. So let's talk about we were gonna talk about concerts anyway hip-hop concerts are Trash unless it's like a big production kind of artist. No, I want time so the Wu Tang Clan I'd love the Wu Tang Clan if you know me, you know, I've loved them for 30 years. I

Wu-Tang Clan live was so disappointing. It's just it was eight dudes on stage.

just talking into a microphone there's no well pretty much this choreography this is pretty much three dudes on stage talking in the microphone thank you because because apparently the boy yeah chris would not be captivated by what we're doing if we put on a record with this exact conversation on it yeah and then we're like hey listen to it now again in person i mean it's the same conversation right you take value in novelty are we wearing the tracksuits to the draft

Well, I thought you were going to. Well, I know. I know. I know. No, you did. Scott invited you, but I think we got away with it. You know why I didn't get him? Well, he said an Apple Store thing. I can't get on Apple Store. No, no, no, no. I'm going to get him.

I'm going to give a big shout out right now as I do when people do me solids. And my guy, Nick Dosa down at Vegas auto gallery, super shout out. So my MC 20 needed a little bit of work. Um, actually, uh, local dealership here that could work on it was like, Oh, it's going to be like six weeks. So he shipped it cause he already had cars going, uh, to LA. So he sent it down to be done. Yeah.

it needs it needs some relay stuff there's there's just some stuff that needed tuning on it and wanted a full run through on the warranty on it and and he wanted done la and so he put on a carrier for me to la to be sorted out which is nice of him to do and then he literally looks at me and goes hey man uh you could take whatever you want he's like you'll be down a car take take something just take something and i was like what he goes he goes you can't take the bugatti but you take anything else

And dude, I'm telling you, if you get an idea, if you don't live in Vegas to get an idea what I'm talking about, go to www.vegasautogallery.com and you'll see what I'm talking about.

He sells, I think he said, like 80% of cars over $250,000 in this town, period. He was on this show. Yeah, he's been on this show before. Still not my friend on Facebook. Still not your friend on Facebook. No, but he goes, take whatever you want. And so I'm like, all right, I'm going to take the Rolls Royce Wraith. I'm going to take the Wraith. And it's funny. I don't know.

Five minutes into driving it, I've never felt like a bigger asshole. There's something about that car, man. I mean, dude, look, I got plenty of self-confidence in myself. I got plenty of self-belief in myself. But something about driving that car where every place you pulled up, people look at it like, okay, let's see what this asshole is getting out of this car. It's so funny to me how you still think that that car is somehow...

with it a different... No, no, no. It does because here's why. This is why... Let's take a poll. No, this is why I love... You should have gone out with a pipe. This is why I love my MC20, right? This is why I love it because people that don't know cars have no clue what it is.

For all they know, it's like a damn Toyota MR3 or whatever. It could be a $50,000 car. They have no idea what it's worth. John, have you sold this to yourself? This is so funny. This is the story I'm going with. They have no idea what it is. They have no idea what it is. They have no idea what it is. I'm not saying they can't listen. Just because most people couldn't tell you the name, make, or model just on pure glance doesn't mean they don't think it's a supercar. Yeah, okay. All right. So they know it's a nice car or whatever.

But they don't know how nice. But if you know cars, then you know. But like the Rolls, you see it coming a mile away and you just know, here's an asshole at Rolls. I don't know. I don't know. Cole, what do you think? My Lexus doesn't pull the same clout, I guess. I don't know. I think your car, I'm not a car guy, right? But I know when I see your car, you hear a tuned supercar going, boom!

Okay. A little different. But the goal was at some point to take the rolls out with the track suits that we wore on my birthday and just run around town and shoot a slow motion video of just running random errands. Ace Hardware. Like going to Ace Hardware and buying a hose. Going to Sonic and getting a Slurpee. Has anybody worn their track suit since, Cabo? I wouldn't disrespect it like that.

Yeah, no, it's gotta be, it's gotta be an event. It's gotta be an event. You already worked. Yeah. It's gotta be a great travel. I'll never disrespect it. Like gotta be an event. So we're going to do that. But anyway, so yeah, but he sold the rolls. So he came and picked it up and he was like, Hey, I sold the car. I need it back. I'm like, bro, I'll bring a break right now. You know, whatever. Yeah.

And he's like, no, I'll send something to him, pick it up. And he goes, I'll send you something else. What do you want? I'm like, I don't need another car. He's like, no, no, no, no. I got your car. I'll send you another car. I'm going to send you the G wagon. So he sent the G63, which I've been driving today. Just give it out. So God bless Nick. It's good to have good friends with expensive toys. With whips. That'll loan to you. So God bless. Go buy a car from Nick, which is dope. But yeah, but talking about bad bands. Bad bands. Bad bands. Bad bands.

You see, it's funny you said this because you mentioned something earlier that struck me and I agreed, but you said worst, worst concert ever was Smashing Pumpkins. Smashing Pumpkins. Holy smokes. Is that boring? And I mean, and dude, Gish, that original Smashing Pumpkins, that's like one of my favorite records. Great, great band on, on album. Oh, dude, they just stand there. Well, as Chris said that he didn't like,

Red Hot Chili Peppers. I've heard them put out some bad live performances. I would watch them again. I wouldn't go to Chili Peppers. Well, especially like somebody wanted to go to Allegiant. No concert is good at Allegiant. Let me help out. It sounds terrible. Really difficult to get the band. I saw two concerts recently at the Chelsea concert.

I saw the killers. Yeah. I just saw a killer. I was there. It was a really great venue. Yeah. So the night before, and then deaf tones on Friday, which are just on the floor. Great. Yeah. They're just, the floor moves. Yeah. Because I don't know. Why does the, is that a purpose? Do you think, do you think that cause there's chairs there for Hasan Minaj? There's chairs there. It's gotta be on purpose. So for those of you don't know, we're talking about at a, at the cosmopolitan, which is still my favorite hotel. It is not even close. My favorite hotel. Um, their live music venue, they're called the Chelsea hotel.

The floor seats. When you're on the floor at the Chelsea watching a concert, how much would you say? Four inches? I mean, it's got a lot of give. The floor moves up and down about probably four inches. I mean, when people start bouncing, you are bouncing by default like four inches. And it was cool. We took my son and he was there for the killers. And he was like, or my daughter, we're like, whoa. Of course, my wife is like, is this normal? Is the floor going to fall through? I'm like, I'm pretty sure this is on purpose. Okay.

Like I'd still know how like you couldn't be that bad at engineering. I can do a backflip on it. No, no, but like, but no, but like if it was a mistake, they could never let that many people in there. No, there has to be some amount of just tension or like flexion or whatever. It has to be done on purpose. But I don't know what's underneath it or maybe they remove it. John, here's my theory. That's actually just a sub floor. It's like a false floor. Yeah. And they remove it for they put all the seats in there.

Because the next day after Deftones, I saw Hasan Minhaj. Attached to the floor? And the whole area were all chairs. Attached to the floor? I don't think they were attached. They were probably just put out. But maybe that floor goes down or something. I don't know if it is or not. It's a happy mistake, though, because I'll tell you right now. You designed a music venue for...

Make the floor move about four inches because, dude, people start jumping around. Throw in a ball pit. Throw in a ball pit. Yeah, why not? Bubble machine, ball pit, the whole thing. Let's go. Yeah, let's go. Let's just make it happen. Basically like the Ronald McDonald land you've always wanted but never could have. There it is right there. Don't you wish you got off on the same things that got you as a kid you did?

Like don't you wish Remember how excited you were To just fuck around on stuff Yeah Drinking out of the hose Well I don't mean just like The old time I mean like Getting really excited Jumping on a ball pit Jumping on a trampoline Dude I look at my kids now They're like They're like You know there's no bottle of water And I'm like

Go drink out of the hose, you little bastards. I mean, what are you talking about? We have this fight all the time because I always go like, we'll do staycations all the time. I'm like, you guys have some of the best pools right here in our backyard. And they're like, nah, we're good. We'll stay home. I went to one of Colt's favorite places. I won't mention it because like we said, I don't want to blow up the spot. That has to be half off for locals. Just...

Mm-hmm. Man, what a great spot. Half off. Oh, yeah. Our secret spot. Yeah, my father-in-law wanted a cigar bar to take his friend who was coming from Cleveland. So the three of us went and shot machine guns, had a nice lunch, and then we went there for a cigar. I have a cigar every five years. And great sangria. Oh, my God. Amazing sangria. Oh, my God. But we were walking out. We left there. And I'm in a great mood because we just had a cigar and old-fashioned and

You look over and you just see these buildings on the Las Vegas Strip, and I go, why don't I ever come here anymore? I like disrespect. I always appreciate Las Vegas, but I do disrespect the degree of what we have here because it's just so available. I think we're going this week, though, because you got to go. I mean, look, the NFL draft is here this week. If you're not going down, we've got a plan to go down. I guess Weezer's playing.

Thursday night. Thursday night is the only night they're going to do something over the water there. So if you want to go see like that, what that stage is about, which we're going to do another Thursday. I'm hoping our sprinter van is done being, we had some more to work on the sprinter. So I think we're going to take the sprinter down there. What do you mean you don't need the sprinter? Come to my house. We'll hop on the monorail and be right off, right in the middle of the action. You guys are nuts. That's a good point. You know what? That's a better point.

One of my clients. Here's the problem. We got a parking Colts neighborhood, then your hood come back, your car's up on blocks, the wheels are gone. That's a problem. The only time you ever want to park in Colts neighborhood in the country club is if you need new tires anyway. Yeah. Somebody's bound to. Somebody's bound to. You need new tires anyway. We got 10 minutes left. We've been talking about nonsense now for 40 some odd minutes. But let's try to get to the topic we want to talk about, which is...

Again, one of my favorite Stoke quotes. We have a topic? Yes, we do. One of my favorite Stoke quotes is, if you do not know to which port you sail, no wind is favorable, is how it goes. That's a Seneca quote. So you said something earlier. We're going to take a deep dive, Chris. Chris said something earlier, which I thought was interesting, which was Chris said in my office, he goes, I am going to have my most successful financial year ever this year, and I have no idea what I'm doing.

Like in what direction? Cause I always get these great ideas. Oh, you know, I know that there's multiple businesses that I, if I entered them, I could figure it out and there's money to be made there. Yeah. I can't make more of me to go do it. Yeah. And I don't necessarily want to take on a bunch of infrastructure to get these things done. And there's sometimes in different industries, uh,

And so it kind of leaves you overwhelmed. So you're just going, well, I got this in the pipeline. I'll figure that out later because I need to address the immediate thing that I know are going to pay off. And then after that, hopefully one day I'll have a plan. Well, you know, I got to say it. I started thinking about it when you said that, because we talk about you getting opportunities all the time.

And a lot of it is because you are a really smart guy. A lot of it is. I would like to think it's only looks. But I'm going to tell, but just because you're hot. But a lot of it, a lot of the opportunity that you get, and I don't know this to be true. Maybe you can argue this if you'd like. You know, if you're choosing what to do in school,

I think the choice of you becoming a lawyer was wise, not so much because you enjoy the day-to-day practice of trying cases or arguing with people or dealing with contracts.

But it's because it makes you very attractive as a partner in these entrepreneurial businesses because you're an attorney. So that is, you know, you can be brought in on minority stakes on all these businesses just because you can handle the legal. And I've levered that to my favor on a couple deals. Yeah. I'm part owner of companies that are making moves and doing stuff. Yeah, yeah.

And you're definitely right. And I tell this to people all the time. I say, becoming a lawyer doesn't make you literally anything more than the average person does, right? I can't... You can go to court and argue for yourself. What it does is it makes you a weapon. It makes you dangerous because you know what you're doing. You understand how to get to A to B, how to think. So that's the value of law school. And...

That is oftentimes not counterbalanced in business senses because a lot of lawyers are really shitty business people because to them they see the whole world as what could happen, right? And in business, you can't always think about the dangers, the perils, right?

Every lawyer is designed. Give me a contract where nothing can happen to me. It's like, well, what kind of business are we doing here where you don't take risk? I had one of my dear friends and clients text me before I came in here today. Hey, does that contract protect me? I'm like, from what? From what? I mean, no. What you're doing is I'm trying to give you a framework so that everybody understands what's at stake and being played with. That's what we do. And I did my MBA at the same time I got my law degree.

At the JD MBA. Yeah. So, but what that does is it does let you kind of remember sometimes that, that you're both a shield and a sword.

right? A lot of times lawyers just are the, you know, I'm a, I'm a shield. I'm a shield. I'm a shield. I protect you. I'm a shield. You need that sword though, right? You need to go out and battle and also kill. And if you're not killing people, you're just worried about what's going to happen to you and not to sound pejorative, but you will be an employee your whole life because you have to take risk as an entrepreneur, as a business person. So I would just like to say that, you know, I'm not sure if, if

If a vet listens to this show, I'm not sure if she does, but if she just heard and just made it okay for you to go kill people, I think that you may want to sleep at a hotel tonight. I did it, Chris. It's for dad? Yeah, you said it's for dad. Oh my God, you said it was okay.

I almost got killed by her this weekend because of your wife. Time to hear what happened. No, just because I'm like, hey, I'm going to this event, go talk to some guys about some stuff and, you know, pushed off another event. She's like, okay, blah, blah, blah, go ahead. The only thing she sees is me and John dancing to T.I. at the nightclub.

Like, oh, nightclub event, huh? Yeah. No, no, no. That brings up a good point, Cole, unintentionally, but albeit valid. That's a good point. If you are going to be an entrepreneur, you need to be married to somebody who understands what that takes. Yeah. 100%. You cannot be happily married to somebody that will get in your way when you want to go out. Hey, I got to go out to social things. Hey, I got to go meet people. What percentage of your business has come in your life

From you sitting at home after leaving the office from nine to five and just sitting at your house. You know, that's one of the things that I love about it. And it's a trade-off, man. I think there's, you know, you always have to give and trade. You know, I know people that are married to have spouses where the spouses are, you know, both of them are go-getters. And they're out there trying to go get something.

And then if you wanna be the breadwinner and you want the other person to kind of take care of the household, that's gonna suffer. 'Cause it has to, you can't do everything, right? - Right, right. - You can't do everything. In a situation like mine where you have a situation where my wife,

you know is is all in on those kids in the household and taking care of me and Doesn't look for that. She doesn't need to be on the stage. She doesn't need any that stuff She doesn't care, you know her life is about that now I'm a you know, the sacrifice that we make is we don't have a giant dual income, you know It's on me to earn everything which is fine and there's no right or wrong way. There's no right or wrong way but I think the

that it's really hard. And Cole, you can speak to this because your wife is very successful. It's got to be hard, you know, when both of you guys are breadwinning like that to make that jungle. It's hard because you don't get to do stuff you want to do as a couple, right? Yeah. Every time she wants to go somewhere, it's out, well, this is a client of mine. Let's go out, right? And vice versa, let's go out. So, you know, but I mean, you've got to have,

Just as much as a business partner, your life partner. It's just... Oh, you better marry... Like, I just had... You better marry a spouse. If you're going to get married, marry a spouse that you...

would do business with trust the keys to the kingdom. I just completely believe that. And that's what like John called me and was like, hey, want to go to this thing? What was that? Like four o'clock at night. He already had event planned to go at six o'clock. And I go, hey, what do you think? And she's like, go to it. I got it. Yeah, you got to go. You got to do it. Something came up that, you know, again, that's why I love those networking events, man. I never know what I'm going to learn, what I'm going to hear. And something very interesting came up through a conversation with somebody in one of those deals.

and it leaned into the commercial world. And I was like, this sounds really appealing to me. And it was something where somebody had a business that was earning millions of dollars, millions of dollars. They were just walking away from them.

And I was like, how can you walk away from this? And they were like, cause we're going to do this. And I'm already doing this. This is making me millions. And I don't even like, I barely have to leave the couch. And then my risk level has gone down tremendously from this to this. This is what I'm all in on. And I was like, holy shit, Cole, get your ass down here. Cause we need to talk about this. Yeah. Unfortunately, then TI starts rocking the house. Yeah.

bring them out bring them out and then you know we don't have a conversation but we're going yeah but we're going to have a conversation and that's it and you know but you were there wrong yeah you were there in two seconds there's no right or wrong to it right there are people that just want like get just a perfect example my wife's perfect example you know it's like perfect example just well no but i was going to say like one extreme to the other because you know she's like hey i'm going to make sure the house like digit is the perfect

that, you know, spouse. And my spouse is like three days after giving birth, I need to get back to work. I'm going insane. Right? Like you, there's not too many people I could say I could give a billion dollars to and they'd still go to work and actually work. And my wife is that person. She just doesn't know how to shut that off. Right. And it's, it hurts because it hurts my income a little bit, but, but you're, it's funny. It's funny that you both said that because both of you, if you think about it,

But you're willing, right? She goes out, you take the kid and you'll post stuff and you with the kid. A lot of guys don't want to do that. And then you and your wife actually function at a very similar frequency, oddly enough, if you know both of you. I don't think people would guess that. No. You guys are very well in line with a lot of frequency stuff of just...

You know what I mean? Understanding what the, what the assignment is. Yeah. What it takes. I mean, no, without a question. And dude, and it's not, trust me, it's not like I go home and just like, I will do dishes. I will cook meals. I do that as well. People need to be on the same page. A hundred percent. And she understood, she understands what she understands, what this takes. Yes. Understand the commitment that I have to, that we all have to make to make this go and do what we need to do. So what do you think helps? What do you think helps for your specific situation? Um,

always not like encouragement, but how do you feed your spouse's emotional bank account? So that that's never, cause here's one thing. Well, okay. Yeah. You know what I mean? I do. I always make sure, um, I try to make sure, you know, right now her full-time gig and it won't be her full-time gig forever. You know, she's all in on these kids, um, all in on that. And any of the kids are going to grow up and go off and do their own thing. God willing. And, um,

She'll move on to something else at that point. And we're already starting to kind of see and play. And my wife is a team player, man. She is my, she's my license. Go get her. Like if we're like, we need insurance license, she goes and gets it. We need this license. She goes and gets it. When you set this up, she goes and gets it. And she, she just handles that stuff. I mean, my, my wife, she called, you know, she has a college credit. She has a college degree in UNLV. She's not like, not a debts. And she's very, very smart.

And I think, just by the way we were raised, by choice, we wanted to be on the kids' way. And we've already kind of started fishing around for some stuff that maybe we would want to do afterwards. And again, most of what she's done over the last 10 years has been stuff that I've asked her to do rather than stuff that she said, I have a genuine interest in X.

And what she settles in or whatever she does when the kids get older, if we do anything, I mean, like I said, my goal is to be done with everything by the time I'm 55. So that'll be right about the time that Roma's off to college. So who knows? But at that point, if she doesn't want to do anything, we just want to cruise around and hang out with me. That's cool too, because I like my wife. But yeah, but if she does anything else, it's going to have to be something that she likes. And

And, you know, again, back to the topic of what we're trying to talk about today, as we're already two minutes over. If you don't like what you do, man, or you don't feel good about it, like you said with frequency, it's got to resonate within you. It's got to resonate within you. You've got to find what the number one thing that you love doing. And it's core. And here's the good news. And this is what I told everybody from that stage when we were talking about, you know, doing big deals in real estate. I said, you don't have to do any of this.

All you have to do is understand what you don't know. Go find the people that do and then connect the dots.

So you just have to enjoy whatever you're doing and then fill back, fill around it. You know, for me at its core, when I look and I ask myself what I really love to do, it's to, it's to pour into others and watch them get better and watch them make money and watch them do that. I mean, you know, we, we get to, we get to shit here and bullshit and have a good time, you know, once a week. But at the end of the day, the byproduct of this podcast hopefully is, is helping people. You know, if we reach one person with this today that was in a spot and

and didn't quite know what to do, and they heard something that one of us said, then that's a win for me. It is. For me, it's just whether or not the dad joke landed.

I appreciate it. Feel free to write, you know, if you're watching this somewhere, write in the comments, love the dad joke, hate the dad joke, whatever it was. I enjoyed it, Chris. I did enjoy the contract. But yeah, you know, if, but again, if you don't like what you do, life is short, man. Life is too short to just be a drone on a cog. It's not a heck yes. It's a, yeah, that's another thing that I love that, that, you know, Cody's purpose says, if it's not,

if it's not hell yeah it's got to be hell no if you can't be all in on something don't be partially in on it you know you only got one life to live man don't live it don't live it with waking up in the morning like oh shit I got to deal with this today right

No amount of money, nothing is worth that. Trying, man. Nothing is worth it. All right, guys. Well, I hope you enjoyed today. And if you loved what we did today, tell a friend. And if you hated what we did, tell two. Because it doesn't matter if you're talking good or bad as long as what? As long as they're talking about you. As long as they're talking about you. See you next time. Bye.

Hey, it's John Gafford. If you want to catch up more and see what we're doing, you can always go to thejohngafford.com where we'll share any links that we've things we talked about on the show, as well as links to the YouTube where you can watch us live. And if you want to catch up with me on Instagram, you can always follow me at thejohngafford. I'm here. Give me a shout.