Escaping the Drift with John Gafford - The Real Cost of Being Right EP 6

Episode Date: August 27, 2021

Learn and burn Entrepreneurship from serial entrepreneur John Gafford and his band of mayhem makers. From stripper poles to the oval office, business lessons are everywhere. This week:Gafford Kids Inc. Where do you put your money?Finding your frequency with coachingConspiracy theories, am I nuts?What's the purpose of a coach?The New EconomyHow do you weigh risk?What's the real cost of "I'm gonna sue you!"With Chris Connell and Colt Amidan

From the art of the deal to keeping it real. Live from the Simply Vegas studios, it's the Power Move with John Gafford. Oh, we're back, we're back, we're back, we're back, we're back. What's happening, Colt? Not much. I see a cocktail in your hand. What are you drinking today? What do you got? This is a little scotch. This see a cocktail in your hand. What are you drinking today? What do you got?

This is a little scotch. This is a nice gift someone gave you. I appreciate it. A little scotch. I love how every time I get a nice gift, it ends up in Colt's glass. It's what Colt's drinking. Cheers, guys. Cheers.

More scotch for John. Here, as always, Colt Amidon and Chris Connell Esquire. How are you, Chris? Good. Living the dream. Living theotch for John. Here as always, Colt Amidon and Chris Connell Esquire. How are you, Chris? Good. Living the dream. Living the dream indeed, which is all you kind of can be, right? It's all you can do. All you need is love.

All you need is love. You know, I'm going to tell you something interesting that happened today. It was a tale. We'll start this week with a lesson in business, which is a tale of two gaffords. So as you guys know, my children, who are 11 and 13 and have for several years, own the vending machine in my office. It is their business. They handle inventory.

They handle pricing. They handle marketing. They handle accounting. They handle everything. It's how I teach them how to do this. Been pretty smooth sailing. I financed the machine to them, and I got it down to a science, and something happened last week.

And what happened was the machine broke. It was loud. Oh, wow. The compressor went down. It was really, really loud. So I had to find a guy to come out and fix the machine, which we did, and it was $250. All right, so here's the tale of two gaffords.

So I go to my kids, and I say, I got good news and I got bad news. The good news is you're back in business. That's the tale of two gaffords. So I go to my kids and I say, I got good news and I got bad news. The good news is you're back in business. That's the good news. You're back up again. You were down for three days. You're back up in business again. The bad news is you owe me 125 bucks.

At which my son starts, oh God, oh my, oh. Keep in mind, they've had this machine now for about two and a half years, never had a problem with it. Oh my God. What kind of money do they make off the dough? The kids, they're bringing down, they've had this machine now for about two and a half years, never had a problem with it. Oh, my God. What kind of money do they make off the door? The kids, they're bringing down, they bring in somewhere normally they net net about 70 bucks a month each.

It's good money. Good money for a kid. Good money for a kid, right? I mean, it's not the two kids minting ether in their closet. Yeah, but it's two months of profit. Yeah, it's practical. It's two months of profit. And my son immediately goes and loses his mind.

Oh, God, oh, God, oh, God, oh, God. He goes up to his room, and immediately he's got $19 and crumply looking like they just came out of the Rhino ones. No idea what you're talking about. Yeah, no idea what you're talking about. It's a Rhino. You know, exactly. Smelling like coconut and shame.

And a jar of quarters is all he's got. And he's this, and he's this and he's like all i got is this all i got is that you know i'm like okay you know hey look we haven't done the machine in a while you're gonna be able to go in there and get the money out of it my daughter goes up to a room yeah how much was it there you go keep it you know get yourself something nice there's a dollar in there for the effort bring me back three fingers of milk yeah and strokes it off the buck 25 right and uh and yeah and she still probably got six or seven dollars because the the daughter is the saver and the son is the spender he can't i mean burns all in his pocket can't cancer that can't do enough my goal is is to demolish his fake credit before he's 18 and has real credit

oh yeah because he starts going on and on he's's like, Dad, you know, I'm... And I told him, I said, look, you don't have to pay me the 125. You don't have to do it. I can finance this to you. Hard money. I'll finance it. You can put your half of the machine up as collateral, and we'll go from there.

Unfortunately, he came up with the money between the machine and what he had in quarters, so I didn't get to do do that but i was fully hoping to repossess the machine from him his half of it you know of course my daughter's just just banking the dollars as we go so he so 70 bucks a month that's their only form of income so two months of income yeah how much work do they do on it because this is oh it's nothing it's it's nothing but but the point is here's the lot them the machine i know well i. Well, I paid for it. They bought it from me. So you financed it.

Yes, I financed it to them. So they learned about interest rate and the process. Yes, they bought it off of everything that was going. And the point is, if you have a business and you have this, you have to, like I always tell them, you need to have a minimum of $100 set aside for a disaster, just like what happened yesterday. And my son because he hadn't had a disaster in so long just assume nothing is ever going to happen yeah it almost

sounds like everybody in 2021 yeah it happened yeah it sounds like your kids learned a lesson that a bunch of people are about to learn a bunch of adults so you know one of the things with me is and he didn't learn it trust me because i'm guaranteed he's still trying to figure out how to buy it. He wanted to buy a $15 game for Steam yesterday. And I was like, well, and here's another great one. I love my kids because it's really lessons for everyone. Because I say to my son, he goes, well, there's this $15 game I want on Steam. I said, okay, I'll tell you what I'll do.

You can put up the Switch, not on Steam, on Switch. You can put up the Switch's collateral. I'll give you the 15 bucks, but you got to pay me back 20 and this is what he says and this is the one of the biggest financial mistakes that all of america makes he goes okay well i could do that because the game normally sells for 39 and it's on sale for 15 i made money here yeah well that's what i thought it's so 15 and i go this is this is the main concept that keeps america poor this is the main concept that keeps America poor. This is the main concept. If something costs $200 and it's on sale for $100 and you buy it,

you did not save $100. Correct. You spent $100. $100 less. Now, what percentage of realtors do you think when they get that first big commission check do the right thing? Oh, God, None of them. What percent? No, God.

Less than 20%. Less than 20%. I'm a saver, thankfully. Because I have a fear of poverty. So I save money. I save most of my money. Is it a bank account? Where is it?

It's not a bank account. Unfortunately, I have a couple bank accounts that I save money in. Because there's nothing to buy. There's always something to buy not that i care about like i said remember we're talking about nfts the other day and i am not interested in doing things unless i can get behind it i got it so i stockpile i just stockpile at war chest um i bang at wells fargo in case anyone wants to try to steal my money wells fargo uh but no but everybody gets these big fat commission checks do you have an android because apparently there's a joker virus going around that'll drain your bank account if you have an android i don't

have an android yeah it had like they said 1200 apps in the google play app store were infected with this malware yeah no i'm dead i'm serious. It's another reason you suck for having an Android. But at the same time, you know, I don't. Yeah. So to your point, though, John, so percentage of realtors who get these big checks, they have to plan. It's like a school teacher that doesn't get paid in the summer. You have to have that foresight or else you're not eating. I read this statistic, and this terrified me, and I repeat it often. And I still think i'm right but 50 of americans half go to

a mall look at one person look at the other it's one of them could not put together two thousand dollars if you gave them 30 days if they borrowed blank bag pleaded and stole the average american has less than 700 in their savings account oh god 50 half i'm talking about half okay so and and those people you were saying, talking about people, DM me. It must be nice. It must be nice to have all this money. But it's like, no, there's a difference between security and all that stuff. I am always going to be secure.

I'll always have enough for that rainy day fund in case something happens. Because that's my biggest fear. Well, okay. So, how much do you think your rainy day fund should be? Because for me, I'm looking for about 12, I it moles month of life month of life i know exactly what it cost me to exist on this planet right like on hand cash i want to keep 12 months of life i like that outside of that if you've got more than that sitting in the bank it's wasting money you're wasting money you're losing you are losing money because not only losing money look Because not only are you losing money, look. The value is depreciating.

Well, look at the inflation over the last 12 months. You can feel good about the amount of money you have in the bank, but you can buy way less crap with it than you could 12 months ago. So if you're not getting that money out in a place that's working for you, it's crazy. And the more high-level dudes I hang out with, the more interesting it becomes where they put their money. Like I was talking about that, all those guys had the same watch.

Yeah. It was an AP, it was an AP Royal Oak offshore. It's, I mean, this is a grip of money. These are $30,000 watches, but here's the rub, right? The reason they alone, it is not necessarily to flex a $30,000 watch. It's because that AP, they all paid $26,000 for it a year ago. They're going up in value. Sure. Sure. Like with watches, like, I mean, I've got a bunch of Breitlings is something that I have. They're not going up in value. I have sentimental value to a lot of them because they were bought for different things for me, but they're not going up. Right. Rolex is great investment. They go up. Yeah. You want to buy some, buy a Rolex because that's something you can flex, but it does go up in value. Right. And I think a lot of people, I think that goes back to what we talked about last week or two weeks ago about just not being educated. And we're not doing a service to our community and to really our nation about education.

I mean, everybody just, real estate people always invest in real estate because that's what they know. But there's, I mean, me, I'm like, well, stocks, real estate, stuff like that. But you meet these people like we met. These guys invest in, I mean, just absolutely. It's just next level. They are first movers, though. Yeah, absolutely. And those aren't the people I'm talking about.

Those aren't the people that if their transmission goes in their car that they're screwed for a month and have to go to Czech City. That's the treadmill of life. That's the treadmill that if their transmission goes in their car, that they're screwed for a month and have to go to check city. That's, that's the treadmill of life. That's the treadmill that once you get on that, I don't know how, how often you get off. You can't get off.

Well, again, but here's the thing in, in the hustle, in the hustle mentality that's out there. See, I genuinely believe like, for example,

how did I learn about NFTs enough to buy them this week? How did I learn that information? I went to YouTube. Yeah. Right. Sean Kellylly who's the guy that's it's it's a guy that i bought his nfts because he's just sent me a youtube link like literally the wealth of human knowledge exists on youtube so if i don't think you have an excuse you can figure it out you know you look at gary v who preaches go to garage sales and flip you video games, flip Beanie Babies, flip whatever you can find of value. I think there's a way to hustle, and I think poverty is a disease. I think it is as much of a mental disease. Communicable.

Yes, it is. You can catch poverty. You can catch poverty, and I agree with that. And I think the internet is the great equalizer with that. I think if you have any type of a drive to get out of that situation, you can find the answer on the internet. I had this conversation with my friend the other day, Saturday night. Um, I said to him, do you think that there's a person take the dumbest person, you know, the dumbest, like if you were to put money on it, do you think that there's one person that you could find

that would tell you that they are actually unaware of how to lose weight? No. Does one person not know how to do it? No. Does one person not know how people become successful? And I don't mean whatever. I mean, if you were to say, I'm going to hold a gun to your head and you have to tell me one way that people get successful and what they do. And one of them can be working hard. One could be going to night school, community college, right? Gun to your head. If someone else is paying for it, what's a path to success? Do people not know what they are? Well, I think, well, I think, you know, it's, it's interesting. You talk about that. Cause I

was thinking the other day is, you know, doing this and, you know, having the camera on as much as we have the camera on and having to have some sort of knowledge about topics and even speaking as much as I do. You know, I've decided there's not really a whole lot of new information out there. Would you go to CES, the consumer electronic services? I would go to that because that's new. That's new practical things. But what I'm saying is, as far as the space of what I do, which is coaching, training, sales, people, psychology, those sorts of things, success. There's not a lot of new information out there.

It's all the same. Like what are the three keys that most pop songs written in? What is it? There's like three keys, C, G, and D or whatever it is. Something like that. Yeah. And there's like hundreds of songs that are written in those three keys. Thousands.

They're simply just processed in a different way. And I think with, uh, you know, success training, pathway to success, all of those things, I think that information is all out there.

It's simply the matter of finding somebody that speaks, speaks it to you in a frequency that you want to receive it. Like somebody might be watching this right now and be like, fuck this guy. Yeah. I don't listen to this guy. Not my frequency. I'm not your frequency. And I think if you're trying to help others, like we are here, I think the best thing to do is just keep putting out a consistent frequency and you'll find your audience. But do I think there's, there's clues and

information on how to become successful out there? Absolutely. That people don't know. They don't know it. And I think they're just, you have to put the effort to find the frequency that resonates with you to get the information that's out there. You have to try. Yeah. I made it happen. So that was kind of my point.

It was that we all know how to lose weight. It's just, we're facts. People don't try. You don't put in the effort. You don't do that thing. You know. So how much sympathy?

None of those are so good though. But how much sympathy at the end of the day, when people are always complaining about how hard it is to make an America, and I hear that thing about- Talk to an immigrant. Yeah, exactly. They're all successful. Talk to an immigrant, yeah.

They're literally all successful because they have a poverty mentality a lot of times, if it's refugee status or whatever. But they all do well because there's not entitlement. Yeah. And they just, they do very well, right? And I'm not talking about just the doctors that come. I'm talking people the guys the guys the guys in new york that figured out how to buy a medallion on a cab that's worth a hundred thousand dollars they swim yeah they they are doing just fine yeah they don't care people that are born here that are entitled that have problems

executing now i'm not i'm not absolving you know whatever people responsibility for the problems we have here but my only question came down to, if people know that the information's out there, what is that next level? It's just trying. It's just effort. Because, like, to your point, what I said about CES is that I went to CES one year, and I thought I would go there,

and it would be this. There would be those Japanese robots, and there would be teleporter. Every single booth, I go, that's just the same thing that's already here. What are you doing? They're like, well, cloud storage. I'm like, I've been on the cloud for my storage by using Hotmail since 1998. I've been on the cloud. The cloud is not new technology to me.

You have a new name for it. I just have a new name for it. So nothing here is new. I don't know. I think we might be at the end of that Moore's Law. If you know what Moore's Law is, technology doubling of 18 months. Where do you go? Oh, my phone needs to be faster?

No, the only place we go from here, I'll tell you, is we go to AI, which puts everybody that drives a truck, everybody that's a cashier, puts all of those people out of business. I think it's more of a victim mentality and entitlement, right? I think that's our problem is when you see your grandparents go on to your parents as victims, well, everybody's keeping me down. I can't make money because I didn't have this or I didn't have this. Everybody assumes you're given like them, right? Like every time they come at you on your DM, they just assume because you're successful, them, haters, that

because you're successful that it was given to you. I don't think anybody realizes. And I also think people you you're in such a closed bubble when you're poor, you're around other poor people. So you don't realize you're as poor as you are. A lot of times. Look, I'm not trying to look, I don't have, I go to, you know, I go to speaking events and I speak with other people. And you hear these dreadful stories about how they drew up.

They grew up. They're just terrible. And no excuse for in a country. I by no means have any type of a story like that. It was a, you know, grew up in a, in a,

in a, in a middle-class family. My father was, was very wealthy, banged my mom out in divorce. You know, my mom was struggling a lot of that time. And it was kind of weird because we lived in the nice neighborhood,

but we were broke. Like she got the house, but zero money to maintain it, zero money to buy anything else. And it was always kind of a struggle. But at the same time, like my father who was successful, never talked to me about money. Like if I was ever, like if I was ever to say to my dad, you know, how much money do you make dad? It would have been nuts. And, and driving home from the literally lacrosse practice. And my son was like, how much money do you make? Or, or no, that wasn't the question. He asked a better question, which was how long did it take for simply Vegas to start making great money? And the answer to that was, well, that's, that's a subjective question because what's great money, right? Because

my definition has changed over the last 11 years, you know, to the point where I was like, wow, this is really going great. I mean, we were banging it out in three months. We were doing, we were doing well. Now, if we were doing now and what we were doing three, you know, as a company, as, as all of our brands combined, growth is relative. Oh God, it's so successful, but being able to tell him that and talk about success, talk about money and talk about those things. I think, you know, that's how you get away from raising entitled. You know what the problem is though, too. And it's something that I'm not unsympathetic towards is that this day and age, we have this thing where you go, we got three white guys talking in a room. One's a lawyer, real estate

brokers, and then say white privilege. Right. And it's like, I get that. That's a real thing. I'm not trying to get put up, but it is a real thing, right? It is a real thing in that the hindrances aren't there in a lot of ways that they are for others. But I feel that in spite of that, that's not really a barrier to success. If you have somebody in your life, right, that shows you that it's possible, that's where mentorship is absolutely invaluable. If you take people that are like you said immigrants all these people if there's somebody in your life that doesn't let you take an easy path or off the hook or makes you work hard or supporting you or giving you

not money money is the last thing you need to be successful you need to have support mentorship somebody that gives a shit and gives you the information right so a good coach having kids in sports right that come from disadvantaged you know neighborhoods of all that's that's across the world that's not just in america if you have somebody that gives a shit a good teacher whatever you can get over a lot of the barriers to entry to success but see i don't even think you need to have that i just think you need to again find the frequency of somebody talks to you my favorite dm that i get sometimes is I'll get it where people say, I feel like you're talking directly to me. I feel like you are talking directly to me through the

screen. And you're like, I am. I love that. And if you don't feel like when we give advice here and we give things to try to get people motivated to go in the right way or better in business or better whatever they're doing, if you're absorbing some of it is, is part of, you know, okay, I'll take, that's a good tip. Oh, that sounds good. Great. If you feel like we're talking to you even better, but if you don't feel like you're getting a tip or you don't feel like we're talking to you, find somebody that is dude. I mean, there's a bunch of dudes. I mean, Andy Frisella, Ed Milet that have unbelievable podcasts that are just great. I mean, find somebody that talks to you.

Right. Know your audience. Find your audience. But to that point, the other thing I like to say is a lot of times people don't understand. They're like, I pulled myself up for my bootstraps. It's like, well, that's because you knew what bootstraps to pull on. You knew that if you pulled up bootstraps, you'd be okay. A lot of people don't.

Right. A lot of people aren't even aware what's possible yeah like they really don't know that you can go to college without be having great high school scores or that you can get a ged or that you can improve yourself in myriad ways well i mean don't not hitters university but i mean no but some schools you can't get into twin peaks you maybe but there's a there is a way if you want it, right? I always tell that to people. If you really want it, you'll figure out how to make it.

The problem is, like you said, a lot of people sit there and don't find somebody that they can relate to. I mean, I think we've all gone through high school at least. I did. I got through high school. You got high school. Okay, perfect. But like in college, there was a teacher that I made sure every time. I think we've all made it through high school. I think we did.

Well, I don't know. Not putting money on it. I haven't talked to John about it. I know you did. But John might not have. There's a lot of successful people that make it through high school, John. Is that it? Did he make it?

I want to prove it. You know what's funny? You know what's funny? I've never mentioned this, but I'm going to mention it now. You didn't go through high school? I actually did not have enough credits to graduate from high school. I didn't. There you go.

You guys act like a – I didn't have it. So you didn't go to college? No, I did. I did. But here's what happened. So my golf coach – I can't believe I'm going to tell this story. My golf coach, he's right.

I did graduate. I have a – Fucking coach. God damn, I'm right. I know I'm right. I did graduate. I do have a diploma. There you go, Colt. I have a diploma. I know I'm right. I did graduate. I do have a diploma. There you go, Colt.

Where I went to high school, you could take something called team sports, and it was just like playing kickball or whatever, unless you were actually kind of playing a sport, and then you could go practice for that sport. The football guys would go to the gym. The baseball guys would go to the diamond, whatever. And I was playing golf, so I would go out and play golf earlier. And my golf coach, who was also the dean of the school, like allowed me to, my senior

year was like team sports, team sports teams. And you got no credit for this. It was team sports, team sports, team sports, AP English, lunch, AP calculus, team sports, team sports. That was my schedule. Right. So I was taking AP calculus. I was taking AP English and I was just playing golf, right?

And no, I cannot hit a golf out of my shadow anymore. This was a long time ago. But yeah, so it comes around time to graduate and I get called to the dean's office and he goes, you're going to be half a short elective credit short to graduate. You're going to have to go to summer school. And I was like, you're the dean. You okayed this because you want to be playing golf so we've been better on the golf team you let this happen you're going to fix this i don't know what

he did got it fixed john doesn't have a little why a little round moving around well my point to that is i think you get those that class good point just story john just way to justify that you really don't have a degree. This is why I struggle with the Scrabble ones. I think everybody had that teacher that you actually learned a lot more from because you just were able to connect with. And I think that's in

life, right? What are we going to connect with? You see the afternoon special right there, but the teachers that connect with their kids and I can just imagine who connected with you cold. We're not going there. We'll edit that out.

But no, I think that's a problem. I think you're going to get somebody that doesn't connect with us and sit there and say, well, how can I learn from them? Like you said, there's a million different people. The Internet is amazing and horrible all at once. And if you use it, the negativity way, you're going to feed your mindful negative.

And you're just going to be really depressed at the end of the day. I can tell how people use the internet. Oh, absolutely. Oh, you are, but I mean like not by searching, just by talking to them,

just by talking to them. Just if you think that the world is unfair, that the world owes you something, there's this, that, and the other. They don't Facebook too much. I go, hey, you know what? Best of luck. Because all you do, you're not trying to get out of it.

If you want to make the world better, you know, I know kids that, you know, piss and moan and all the world's corrupt, the world's corrupt. You want to make the world better, work really hard, save your money, go to law school, become a public defender, start writing legislature start running for office do do really high level things if you really give a shit like you really give a shit about this world you live in and you want to make the world a better place and you are dead serious about it right take care of your body and your mind work hard go to law school actually participate but here but here's the thing most people can't make their bed let alone make the world and then they complain about why the go to law school, actually participate. But here's the thing.

Most people can't make their bed, let alone make the world a different place. And they complain about why the world doesn't treat them in the way that they think they deserve to be treated. And I go, well, no, no, no. The world isn't against you. The world doesn't give a shit about you. That's the beauty. The world is ambivalent. The world doesn't have an agenda.

And people think governments have an agenda. Governments are full of individuals that have their own agendas, right? That's why there's no grand conspiracies. Wait, so you're telling me that Biden is not a puppet of the Chinese trying to wreck America? You know what's funny? It's like. I mean, I read that on the internet. I read that on the internet yesterday.

People that have worked in government. I was talking to this guy the other day, high-level guy, purple belt jiu-jitsu, works for the interior. He was on national SWAT team, like a really high-level guy, like in government, and he had all these experiences. And I was talking about, you know, government conspiracies, and he's like, yeah, I don't trust the government, not because I think they're against me.

He goes, I work in the government. I don't trust the government because I just don't think they're that good at their job. Like it's a difference between incompetence and intention right so incompetence is it's frightening in its own way but it's it's not like the lizard people that there's a trying to hold the lizard people you never heard of the 12-foot lizard people that are running the world from a secret cabal i mean colt tried to take me to uh chicas bonitas one time that's a close lizard a lot lizard and a lizard don't understand the tinfoil hat people conspiracy theorists blah blah they've never worked in government go work in government and tell me that you think that was organized to pull off basically

anything go work in military have this group over here in Kabul fighting against its own group because they can't communicate. Even though they have GPS, they don't know that they're actually friendlies. You think that we're at a place that is so perfectly organized and structured at the top that you will never get in and then that's what's secretly controlling.

The fact is, you can't be a blowjob and get away with it. You can't be a president and get away with a blowjob because people talk. Everybody talks. So did Epstein hang himself? So Epstein died, but that's not – so you can't get – That's a good point. So here's the question.

Epstein obviously – Is there a grand – is there one of the conspiracy theories that you as a rational person kind of look at and go, maybe, because I have one. I do have one. I have one. No, it's not Epstein. And Epstein. Well, there's a lot.

Mine's a little banana town. I'd love to hear. I'll tell you. So I'm going to say this. Go ahead. Epstein, when you go, okay, the camera went out. Yeah, that's fucked up. Come on, guys.

Don't be so obvious. But anyway, I don't think that there's not high-level people that. He fell. Because he's going to talk. Yeah. I don't doubt that you can have a conspiracy of two or three. Yeah. You can't have a conspiracy of 200, 300.

That's why 9-11, oh, it's an inside job. No, one of the guys that was planting bombs, this is going to get like totally edited and be fucked up. No, no, no. 9-11 was an inside job. No, I can the guys that was planting bombs, this is going to get like totally edited and be fucked up. 9-11 was an inside job. I can't remember. It was. I just thought about Colt saying, you know what the best day was? Best day ever. But if you had these guys

that were tasking with planting bombs in the World Trade Center, right? Like one of them will be like, you give me $25 million or I'm leaking a story. Because that email you sent me that it's like none of this shit goes undetected i gotta tell you there's one there's one there's one i take issue with there's one it's crazy it's crazy there's one there's one and i gotta tell you i feel like a lunatic even believing this but part of me is like space is fake land on the moon landing i struggle with the moon landing that's number four for me

here's the thing literally we landed on the moon with the computing power of what's in this phone sure all right yeah we've never been back right right yeah which seems a little odd doesn't to me at all but it doesn't at all okay but and there's all these scientists that say little you would need like a six foot lead suit to avoid the radiation coming off of it. The Kuiper ring or whatever that is. Yes, whatever that was. So I've heard people talk about it. I am a pilot.

I study aviation. I don't think it takes a lot of technology to get to the moon. It really doesn't. Candidly, it's very simple space mechanics to get there. And we're going to do it. There's no reason to go to the moon. It is literally useless. And the cost to get there was fucking crazy. like it was so not worth it at the time it is now

because of all the stuff that spun off it i love that i love that you're like no i'm listening okay but no dude you're saying i know i know it's i know it's been there was like 40 000 people that worked at nasa or something none of them are like they're all like yes that that happened but but to me i go maybe the way messages were delivered i've heard some people talk about it because i go i don't think getting to the moon was our problem i think maybe some of the video footage of it was recreated maybe uh some of it looks a little weird to me i i don't care enough to be conspiratorial about it no i because i'm not sitting in a basement with like you know news clippings with like the yarn on the strings if it came out i'm not doing that they said we never land on the moon i go okay yeah the moon is literally just a rock out there well it's just well at this point i mean what's gonna i mean

nothing you know it's aliens are real like a year ago and it didn't even make a blip in the news yeah we don't i mean not even a blip but what but when we do that i go okay what is that what's the point it's like people with the earth is flat let's say it's flat okay okay that's that's it just be a moron it's like and well control oh my god that that's how you think they would control like you guys this doesn't do anything literally nothing who how could you believe that when you're up in a plane you can That's how you think they would control it? You guys, this doesn't do anything. Literally nothing. How could you believe that when you're up in a plane? You can see the curvature of the air. I obviously fly in an airplane.

It's pretty simple to see that this is real. What about JFK? I think JFK. It's a little weird. But what do you mean the conspiracy? Yeah, the mob was probably involved. So what? Yeah.

That's conspiracy. By definition, it's conspiracy. I mean, yeah, people conspire to do all sorts of stuff. There's all kinds of conspiracy. The CIA has blown up foreign leaders in airplanes. There's no shortage of us doing fucked up shit. Right. But to say, like, so what's the point?

Like, to me, a conspiracy, there has to be, like, something else. Like the drugs. Because of this. That's bigger than that. Yeah. Like, the drugs is a perfect example. point like to me there's got yeah there's got there has to be like something else like the drugs that's bigger than that yeah like the drugs is perfect example cia and cia i don't doubt that for a second absolutely what happened all right well stay tuned guys we'll be right back in a few minutes when we will actually make colt mentally do the milk crate challenge right down there see how that goes We'll be back in just a minute. 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 the John Gafford. I'm here. Give me a shout. Oh,

and we're back again from break. Welcome back. Everybody Colton are still lubricated. I am still convinced I'm going to be in the Olympics as people. If you'd like to donate to Colts Olympic dreams, let us know. We'll start a GoFundMe. I am telling you guys.

Five and a half. I'd rather just send him back to school to take a statistics class to realize what an absurd statement that is. Oh, that's a better. Yeah, vote below in the comments. If you're looking at this on YouTube, vote on the comments where,

is Colt going to make it in the Olympics or should he just go back to statistics class? Because all you need is a good coach.'s all you in life in life you should have a coach no matter what i i agree i i agree and it's interesting you know we were talking about what does a coach do and we talked about in the last segment that there's no real new information out there there's not gonna tell you that here's the magic pill that's going to make you better than everybody else. Really, all a coach is designed to do is to not let you quit. Amplify your weakness. Just not let you quit.

Yeah, I hire a personal trainer, so that I go. Yeah, me too. Monday, Wednesday, Friday, I have a personal trainer. And I pay him, not because I don't know how to do stuff. What does that run you? What do you cost? What do you pay? He's very cheap. What do you pay?

An hour? No, for a session. What do you pay? $35. $35. $35. I'm paying double that. Yeah. The difference is I don't go to him.

He comes to me. Yeah, yeah, yeah. So we go meet up. But here's the thing. He puts the weights on and off. He does a lot of great stuff. It's a really great service. I enjoy it.

I love my guy. And I show up. Yeah. So I show up because I have a commitment. You have to know what your weaknesses are and find ways around them. Well, see, that's why I have a gym in my house, because my weakness was never actually working out at the gym. It was the process of getting in the car, going to the gym,

because the phone's ringing, something comes up, there's always this. I can literally walk downstairs barefoot and do what I need to do. Yeah. No, I have a gym in my house too, and I just don't use it because it's just not – Caitlin uses it, I don't. Because I'll get on the treadmill and I'll get on the elliptical, I'll do my cardio there, but I don't lift weights in my gym. I do that at the gym.

And I like the gym because it's a place I can go where I don't take my time. It's a switch. It's my third place. Or what Howard Schultz talks about, the guy who, you know, the guy who amplified the value of Starbucks and fucked up the Seattle Super Sonics. He had that great, he wrote this book called Pour Your Heart Into It, and it was a really great book,

just the history and story of how he started Starbucks. And one of the things was his goal was to create the third place, the third place being you have home, you have work, and you have this other place. And that's the place where you can kind of be yourself or maybe read a book or meet with friends. For Colt, that's Regina. Chicas Bonitas.

Chicas Bonitas outside of Regina. Actually, no, for you, it's the Las Vegas Country Club. Yeah. It's that place we can't mention on the air. Yeah. Because he doesn't want his fans flooding him with autographs. You know what? She is.

Or they must be watching this because they haven't been naked outside since. I haven't. No. Talking about his neighbors. Oh, yeah. If you're just picking this up, Colt, for whatever reason, Colt's neighbors like to get naked. And at one point, they were a bunch of gay porn stars, and they moved out.

Now there's a bunch of, we're calling them strippers. Ladies of the night. Only fans, content creators for now. Oh, man, how screwed are they? So apparently that's wrong, though. Apparently that's been overblown. They didn't say they're going to ban it. They're just going to only have the verified accounts.

So if you're an unverified account or whatever. So I think that was one of those things where headlines took it out of proportion. Well, because I think it seems like something's gone on with the content through Oli fans, which violates a lot of federal loss yeah yeah yeah so that's why they probably have legal reasons why they're going to say it's not that adult content's going to be banned it's that you have to go through the process of verification so that they're not violating the usc because in i think you have to be 18 and you have to verify it if you make pornography they have lawyers have stacks of contracts that you technically are supposed to

be signing and that you're not going to violate these laws because you know, America has some purity laws on the books about, you know, who and what can be shown in pornographic content. And you know, only fans, I don't know that they probably make you upload a picture of your ID and verify,

you know, whatever. So there could be like 15-year-olds producing content. You know, I look at OnlyFans, and it's my buddy Bradley on his podcast, Dropping Bombs, always likes to ask people this question where he says, hey, you know, would you rather make $20 million or have somebody give you $100 million? And that's what he asks people.

Yeah, make $20 or get $100. Would you rather make $20 or get $100? What say you? Get $100. Well, what about you about you colt it's 100 all day long right and in the methodology behind that is we're so brainwashed to want to like work hard and make our own way and do this that we miss the shortcut work smarter not harder but that brings up holy fans is there a lot is there a line to the shortcut is there a here's the line i don't i think that is capitalism at its finest. Now, disclaimer, I obviously don't have an OnlyFans account. But it is capitalism at its finest because here's the thing.

If somebody has content you want to buy and you have money in your pocket, have that transaction. I don't know why people look down on it, right? It carried with it all this stigma forever. Now I don't see that as much. I think people are kind of going. So daughter comes home. Dad, guess what I did a college semester.

Now I got an OnlyFans account. Yeah, but mine wouldn't. Famous last words. Sir, the poll is full of daughters with fathers that say the same thing. I think the poll is full of daughters that maybe didn't have the coaching we were talking about previously. That's probably true. the same thing i think the pool is full of uh daughters that maybe didn't have the coaching we were talking about previously somebody that let them know that their value you know should be in studying neuroscience not you know i don't know what it only fans is weird because i just don't comprehend the fetish of people i guess you don't have right that's the one thing i don't get so you

you hear these people making hundreds of thousands of dollars for sharing pictures of their feet. Like, how can you hate against somebody that's hustling that way? I met a girl that made her money like that, and she didn't even go that far. She made videos ignoring guys. She would put a video out. God, I need to get on.

A cult. You'd be rich. When you were single, if we just put a camera on your head. When you talk about mommy and daddy issues, these are obviously a lot of men with mommy issues or something. Because she would make videos. And guys would say, I want you to ignore me while eating cereal. So she'd pour a bowl of cereal, pour milk on it.

She'd look at the camera like this. Like, you piece of shit. And then she'd look away and be like, ugh. Like, you disgust me. Eat her cereal. And they'd send her like 20 bucks. And she would just do that. What? She was making like 5, 10 grand a month making your videos.

It's such a weird place, dude. It's such a weird place. And videos of her calling dudes like negative names. Like, you piece of shit. You're a worthless loser. And you'll always be. You could never get a girl like me, blah, blah, blah. And I'm asking her, I'm like, do you feel bad about it? She about it she's like no they love it it's what they want in their lives and these are

wealthy people it's capitalism we're finding our niches for people and i i just hate on it this slow clap i mean good for you oh my god i think people i saw that a lot with like the older generation and business owners that spent a whole generation or two building something that's worth 20 million right and then you see these internet kids make 20 million and you know maybe they did a year of coding another year of funding they made 20 million in two and a half years right and you'd see business owners look down on them yeah right and it was funny because you'd see doctors looking down on business people and business people. People have such a weird idea of, well, you didn't make your

money the right way. What's the right way? Yeah. What's the right way? I mean, well, here's my, here's my question. Is this, I mean, is it cyclical in the way that like, cause I will often think like what my dad, if he was still alive, would think about this stuff. Like he was always a big investor. No, no. Not the kind of chats we used to have. No, just about the modern economy with NFTs and, you know, Bitcoin and OnlyFans. Yeah, about all of it.

You know, if you think, like, when my dad was, like, my age, was there something happening in our world that they were like, what the hell are the kids doing? Vietnam. Well, that's maybe true. But, no, but you're like, I mean, it it baffles me what would be it back then i don't think it was pot it was the dress no but i'm talking about the modern economy was something happening the economy call it call it 1985 i mean obviously economics were going and booming that's true the yuppies and stock market market was booming. Yeah, everything was going. Yeah, the 80s became very conservative.

Yeah, it's probably the corporations. Like the Walmarts, seeing that is probably what really to them, like how are you going to sell that for 99 cents when this guy needs to sell for free? Yeah, that was supply chain battles. They didn't have the internet. So they weren't at this hyper pace of growth and possibilities. I think, too, I think the amount of information we get is just so much different yeah like walter cronk i wouldn't have a gig right now there's no

way nobody's watching them no no and and that is interesting right when you think about what they were competing with because all of human history up until the kind of mid 90s all of human history right was doing without a lot of that speed and pace of online technology you had to have a building some guy to put it in the building some woman had to you know make it or sell it or whatever it was all changed and and people always say our generation went through that too they went through that too but there are black swans okay there are black swans in the world we live in everybody thought swans were white until they saw their first black swan. I think it was New Zealand.

Can you imagine the dude that saw the first parrot talk? I mean, you're sitting there, and the parrot talks to you. Can you imagine that, Kat? My face is fake. Exactly. All drugs are liars. Yeah, but they really did have such a disruption, right? So these kids can come out.

These savvy, they're on the internet. They have it in their pocket. You know, you don't have to be Alex P. Keaton and have a briefcase and go to an office and try to yell at a stockbroker to pick you up shares of something on the mercantile exchange. Can you imagine being a professional back before the internet?

Fuck yeah, that would be so cool. Dude, listen, if you didn't catch me or Dottie, my right-hand person in the office, if you didn't catch me before 5 o'clock on a Friday, you were done. You weren't going to get to talk to me. Ever. I was out, yeah.

If you didn't catch me right then when I was in the office. You've got to bring Gecko as Davidoff and hopefully get a meeting. Exactly. That's what you're looking for. Yeah. I was, yeah. If you didn't catch me right then when I was in the office, you got to bring Gecko as Davidoff. Exactly. That's, that's what you're looking for. And that wasn't that long ago, which is crazy. Cause I'm, I just turned 38. Right. And I remember when I first got into real estate, so I'm still young. I'd like to think, but when I first got into real estate, fax machine, people taking offers over to get them signed i you'd sit there well my guy's in hawaii so i gotta put in the mail it'll come back in a week you know something that we can knock out and honestly 30 minutes would take sometimes 14 15 days to get done it's it's crazy that was there's no question there's no question so these kids that understand it the first movers they're gonna keep

continuing to kill it and and we're and in the dinosaurs that don't adapt it's funny that you're talking about dino nfts yeah because they're almost as something very chippy dinos chippy dinos chippy dinos chippy dinos is sort of a paradox right you're talking about a dinosaur that's the future you know when you think about the concept of somebody that died off and it was extinct because it didn't it met a fate and couldn't adapt right and that's gonna be you're a dinosaur if you don't buy these dinosaurs you know it's kind of this weird dude and i gotta tell you that's why i spend so much time investing in in all of these things with just learning about information everything it's trying to do because i'll just never forget man when i first started in real

estate 15 years ago whatever it was um i had a, an older agent call me and say, hey, I got an offer for you on one of your properties when I was selling properties for the banks. And I said, cool, just email it over to me, no problem. He goes, well, I need to fax to you. I said, I don't have a fax machine. He goes, I've been doing this for so many years. Nobody's ever told me I can't fax an offer. And I'm like, today's the day. Today's the day. Today's the the day and i don't ever want to be that guy an asteroid hit i don't ever want yeah i don't want to be that guy because the asteroid hit that dude for sure yeah the asteroid

already hit and so you can't put the genie back in the bottle it's going to continue doing this until we hit an extinction level event where you know if we go back to being primitive that's the only way any of this changes where we massive emt wipes out the entire yeah yeah an emp you know solar flare takes out a crazy ambulance employee yeah no that's what's gonna happen crazy ambulance i know that guy you have to get with it and these people that fight change right there's this old saying that i just love say, sometimes people think that not being flexible means you're strong. And oftentimes it just means you're brittle. Yeah. Well, you know, what's funny is I love that because I think a lot of that boils down to risk and people's tolerance of risk. You know, one of the, one of the guys

here called me up and asked me, was asking me all these questions about, Oh, would you do this? And should I do that? And blah, blah, blah. And this is a kid that works here. It's like 25. And I was like, finally like, dude, let me tell you something. You're 25.

If you lose every dollar, you don't have any kids. You're not married. If you lose every nickel you have, it does not matter. It doesn't matter. You're good. Like you're going to make like in your,

in my life, I've been broke. I've been poor. I've been broke. I've been rich. I've been, you're going to, like, in my life, I've been broke. I've been poor. I've been broke. I've been rich. I've been all over. I mean, this point in my life, I think I'm going to continue with the rich part. But when I was younger, I took some chances.

I took some risk, and I lost some money. I learned some lessons. I took some lumps. I'm still here. Average entrepreneur fails seven times before they make it, right? There's plenty of time left to make it and do what you want to do. Fail quickly. Yeah. I mean, but you've got to take some to take some chances man you got to take some risks you've got to put forward that effort you don't get sucked up people

that are successful their first shot yeah well it's like gambling it's like gambling that's what happens again for their first shot and they don't have that rainy day fund because they don't realize that it could become failure well i think gamble and it's you win a million bucks and so you're just going to spend 10 million because you think you're going to keep going and chase it chase it down the top i think with me you know i've always done kind of same thing with risk which is i look at a situation look at a scenario especially if it's about money or investment and i'll look at it and i'll say okay what's the absolute worst thing that's going to happen if this goes south what is the what is the bottom line worst thing that's going to happen? If this goes south, what is the, what is the bottom line worst thing that's going to happen? And as you know,

I mean, even in the last several years, I've had some things go south, you know, and my worst case scenario on paper was actually a seven figure worst case scenario, which did come true. I love attraction,

but everyone say that that happened with that. I don't know. But I look at that and I say, if this goes this south, is this going to end me? Am I going to, is it going to end me as a human? If the answer to that is no,

I'm willing to take the risk. Yeah, never. It never will. No. And I think as you get a little older with kids, you got to be a little more security, but as long as you got your,

your 12 moles in there, your months of life backed up and you're fine. I mean, you can't afford to push all your, when you get, you know, you get some responsibilities. You can't put all your chips on responsibilities,

but here's the funny thing, John, I disagree. And here's why. Ooh, love it. Here's why. You bring me on as a counselor. That's why. It's why. I'm going to put on my counselor hat. No, it's why you're here because if we all agreed we would need this. I'm going to put on my counselor hat. People have this risk aversion and they think they this, that, and the other thing. You can keep over half a million dollars equity in your home in judgment. You can keep over half a million in your retirement account in judgment. You go down to the bankruptcy court and you file that chapter

seven bankruptcy. You wipe it all out, all your risk. You fucked up other than student loans. You can wipe it all out and start again as long as it wasn't fraudulent. Take your risks and fuck up huge. Put your money in your equity in your home and in your retirement savings account and it's untouchable. You can be a millionaire in bankruptcy. Well, I would also say, but, but again, there are situations where, but he locks are a wonderful tool because if you've got more than half a million dollars of equity in your house, you need to have a heel lock on, on tap to yank that out, to get you under that threshold. Cause otherwise you could have a problem. Yeah. And you want to keep under that threshold and you want to make sure that you're not um you know that but that's why talking to somebody

smart talk talk to you call john yeah but at the end of the day people kind of don't realize what resources out there but people don't realize you know you can literally file bankruptcy get out of half the shit oh yeah i know what i was saying before uh cold started kicking wires out of shit i made an inappropriate comment we had to cut out just kidding yeah i don't feel the same way you do about israel colt um just kidding i was rick and morgan uh no saying so so some people they they don't take risks because of that fear john you're right like there's a lot of reasons you can have that but like i said if you understand what resources are out there you understand what your rights are under the law you know there's a lot of exemptions

look up nrs 2109l go on your computer nrs 2109l period oh and i know and what that is is a list of all the exemptions that's a bingo and roll number bingo bingo bingo like that so that's a list of all the exemptions you're's a bingo in roll number five. Bingo. Bingo. Bingo. I like that. So that's a list of all the exemptions you're entitled to as an individual who's been in the state of Nevada for two years. So all these exemptions, you get a judgment against you, right? They can garnish a certain amount of your wages, but they can't take, you know, you are able to have a lot of stuff through bankruptcy. So if you're out there and something happens and you're 25, there's literally nothing that can happen. Well, that's an interesting thing. A lot of people don't understand what it's like to hire an attorney or what it's like to deal with that.

And we talk a lot about in real estate, being right has very little value. Sure. There's very little value in being right. There's a lot of poor people who are right. So if somebody does you wrong on a contract, like let's go through the steps. I mean, I think this is good information people should have. if somebody does you wrong on a contract, like let's go through the steps. I mean, this, I think this is good information people should have. If somebody does you wrong on a contract, you know, there's a couple of things I think

you should do. First of all, is number one, always try to work it out. Always try to work it out. And the reason I say to work it out is so many people are so quick to say, oh, I'm going to sue you. I'm going to sue you. I'm going to do this without having any idea what that really means. So let's just say I'm average Joe person and I go, go to hire an attorney and I, and you

are, I like to find you to be a right in the middle. You're definitely not the cheapest guy. You're definitely not the most expensive guy. And I think in business, that's where you want to be. You want to be. Yeah. I think that's where you want to be in general in any business. That's where we are as a real estate brokerage, where we are as a mortgage across the board. You just want to be right in the middle, make most people happy. So if somebody was to come to you and pull a retainer, what's that going to cost them on it? Just call it a contract dispute over a contract. So that's it. That is where I can add a lot of value. There's a lot of attorneys I know that won't take a look at a case without a $10,000 attorney, a retainer.

So me, it depends on the case. If it's something I think I can whip out and it'll be quick, could be a couple grams. Speaking of whipping it out and being quick, Cole Tomlin on everybody. Cole Tomlin on. From Regina. So good. But you know, a lot of times these litigation cases,

they start off at five, you know, five down, because it takes a lot of time to get up to speed and do all this stuff. So always think to yourself, you screwed me out of four thousand nine hundred nine nine dollars okay so don't even call an attorney yeah try to work it out that well that's that's the thing is people don't realize that majority of majority of the time problems people are having it's like you're gonna recover if you can recover less than what it's going to cost the attorney and the thing is even if you're right you got them dead to rights and you can win you can absolutely win sometimes it doesn't make sense because it's not about winning the attorney. And the thing is, even if you're right, you got them dead to rights and you can win. You can absolutely win. Sometimes it doesn't make sense because it's not about winning the lawsuit. That's only part of it. It's about collecting. Here's where that

one thing in your industry very specifically changes that in your residential purchase agreements, attorney fee provision in there. So you can come to me, it's not going to cost you what you think it will if we're successful, right? Right. Because if you have somebody that signed a residential purchase and they back out and you sue for specific performance and they've done something wrong and you've got them dead to rights, well, then you have to pay me up front,

but then we can go after the fees and get those back to you. Right. Yeah. So it depends on what the contract is. But talk to a lawyer. Like, I mean, you know, I'd talk to a doctor. I wouldn't try to go on an M.D. And, I mean, it depends on what the contract is. But talk to a lawyer. Like, I mean, you know, I'd talk to a doctor. I wouldn't try to go on an IB. And I mean, and more money, more problems.

I mean, my legal bills for last year just getting dragged in because the more deals you do, the bigger the problems are. Not with, not. Not with Chris. No, not with Chris. Not with Chris. Yeah, several different attorneys. But I mean, we were over, I mean, I think I was over 300 grand in legal fees last year. Wow.

Yeah. That's crazy. And some of the stuff was just nonsense. And like bottles of scotch. No, no, no. And like, and like my partner calls me and says, you know, we have this one lawsuit that was dragging out for something that we had nothing to do with, nothing to do with. And it was looking like it was going to go to trial. And my partner calls me up and says, Hey, I think we just offer these people 50 grand. And like everything in me was like, but we didn't do anything. We're right.

We're going to win. This is crazy. He's like, dude, it's going to cost us 100 grand to go to trial. Like it's cheaper to just give them the 50, which I think is the problem. Oddly enough, the day we made the offer, the judge came back and dismissed the case on summary judgment for us. So literally we made the offer at nine in the morning. And then at like one in the afternoon, the judge came back and ruled and our attorney was like, thank you very much. You can pull that one right back off the table. Yeah. See you later. Just kidding. But yeah, I just, people don't, don't, don't understand. Now this is a philosophy I have. You tell me if

it's right or wrong. So if I'm doing anything like a personal loan to somebody or i'm doing an investment like i try to get the contract that i do with them if especially if it's like a personal guarantee like something small i try to get them on like under the small claims court value on each contract yeah yeah you want to keep it five ten grand if it's just a loan like that keep it in small claims yeah but where you are. But like if you loan somebody 20,000 bucks, if you loan them and have somebody like this, it's crazy. No, no, no.

But you can do it. I would rather loan them five grand four times than $20,000 once. I think that's right. So now. That's a great idea. Yeah, so now what I've got is I've got contracts that I can go get a judgment on multiple times in small claims court. And now I just got to worry about trying to collect them.

Problem is, though, I guess that would give you an option to go to either because you could have related claims. So in civil procedure, if it's all against the same parties, you could get it into a district court as well. But let's say only one had defaulted or they they paid you $15 and not the last five, and you can keep it small claims. I think that would probably be. Yeah, but that's what I would want to do, though. I want to have that right to go to small claims because I don't want. Yeah, because small claims court is pretty easy, actually.

It's pretty simple to deal with. I tell people that all the time. They're like, can you represent me in it? I'm like, you don't need me. Go and just tell the judge what happened. And the judge has common sense. And it just makes it happen. If you go,

I lent him 10,000. He paid me back four. He owes me six. And now he's defaulted. Well, here's your judgment for six plus some costs. You know, like you got proof.

There you go. It's not, it's not difficult, but people are afraid of law. Yeah. They're afraid of their rights. And it's almost like, well,

this is, I like sending people to small claims sometimes. Cause I feel like it empowers them. Yeah. Well, I think again, you know, the, this is, I like sending people to small claims sometimes because I feel like it empowers them. Yeah. Well, I think again, you know, the, the lesson, if there is one is just, if you're, before you go to court, man, or before you start threatening to sue people or whatever it is you do, you need to look at, I mean, literally lay this out on a piece of paper, stop, take out a piece of paper and say to yourself, say, how much can I get?

Like if I'm, if I win, what's the number, what is the number? And then after you talk to an attorney or whatever else, what do I think it's going to cost me to get to that number? Right. If for whatever reason, the ball doesn't bounce my way, I'm going to lose that amount of money. I tell people that I talk myself out of money in cases all the time because i don't want i don't want people um kind of going hey you won me 30 grand in judgment it costs 40 to go to trial yeah right it makes no sense i don't have to tell you but that's what it is yeah so here's another thing though there are some mechanisms in the law where something does happen to you you can put attorney's fees on the table it's called an offer of judgment in the rule yeah so yeah it's great always you get it i'm a super i'm a super fan you get it out there because then at least you can put attorney's fees on the table. It's called an offer of judgment in the rule of 68. Oh, yeah, love it. So, yeah, it's great.

Always. You get it out there. I'm a super fan. You get it out there because then at least you can then try to get some recovery back on your fees. But to John's point, let's say Colt comes, does me dirty, drives a car through my house and whatever, and he doesn't have car insurance.

Well, what's the point in getting a judgment against him? They say, I want to sue this guy individually. Yeah. They'll never collect it. There's no insurance behind it. You get it ordered, it's worthless right rip it up for what yeah my ego's been hurt hurt my ego so i have a judgment go to collect against colt he walks over to banco gets it dismissed if it's not for something intentional like violently hurting somebody and so for the rest of life i'm trying to garnish this guy's wages for 25 percent and

it's silly it's just it's an absurdity well but what's you know what's worse in in like we have an active lawsuit right now going with my family um let's just say that my father's wishes were not honored abided um abided by in his in his in his trust they were not handled very well by a step side of the family that is there. And there's a lawsuit involved with that. And the reason that, you know, I'm, to me, I was indifferent. It's, you know, my father's estate was sizable, but luckily for me, where I am in my life, it's really just going to move for me. It's go right through a pass through to me and my kids. It had nothing to do with me. And it's not enough money for me to be upset about.

But my sisters, or one of them, was very distraught about the situation and really wanted to press it. So we're in this lawsuit really for her, for her closure, mental well-being, what it is. But I got to tell you, dude, every time something comes up with this, I have to relive what happened. And it makes me so incredibly angry. Like I just get just hearing about it again and having to relive what it was and having to go through, read the depositions, go to the deficit. It's just, it makes me so incredibly angry that,

you know, I wish we wouldn't have done it. I mean, again, I'm doing it for my sister, but whole man, you know, you got to remember if this was something that caused you some internal grief you're going to relive it the entire time you go through a lawsuit yeah it's a difficult process yeah that's why you can't get rape victims to go after people because they don't want to keep reliving it reliving reliving it but the the ego gets a lot of people cost a lot of people a lot of money. The ego is the most destructive thing. There was a doctor that said there is no such thing as an enemy. You create all enemies, right? Like you truly do not have an enemy. Your ego has one.

Well, that's classic stoicism is, you know, nothing has meaning until you give it meaning. So I have a doctor right now. I have a case. There's a doctor in town who my client wrote a negative Yelp review about his services from a surgery 10 years ago, wrote a negative Yelp review. He then doxed her. I love this. Released her naked photos.

Released naked photos that she sent of him of a progress. So a photo she had a copyright in. Released her social security number. The last four, which are the important ones, uh, her date of birth, her email address and private correspondence between her and her doctor released this information.

You know who would do this? You know who would tell you this? You know, Chili's. This is something that Chili's would do. I'm telling you, Chili's would do this. The Chili's.

So I'm just, I'm not going to slander Chili's. I'm just kidding. Just kidding. Chili's. So this, this doctor in town, um, This is a Chili's. I'm not going to slander Chili's. I'm just kidding. Just kidding, Chili's. So this doctor in town then sued her for defamation on top of doing all that. Oh, boy.

Sued her. So that's all ego. So we came in and filed what's called an anti-slap motion, where people try to sue people to bully them. Yeah. And we won. And we won all our attorney's fees. And we negotiated a certain amount of payment.

And then once that was done, now he's appealing it. He's appealing it. And it's one of those things where the judge's decision was absolutely spot on. It was dead to rights. She had a public opinion, and she voiced her public opinion in a public forum. Oh, boy. And he sued her for defamation. And he lost, and I won, and I'm entitled to my attorney's fees for it. Yeah.

And now they're appealing him. Because it's just all ego. And all of the appellate hourlies, I can now tack onto it. But his ego, I assume, is what's causing him to keep trying to fight this dead fight. You did something wrong. well we we do we had that procuring cause case here a couple years ago i remember this and um procuring cause is a it's a realtor thing where like if it depends on who's supposed to be due the commission if you show a house and there's a very specific you know basically checklist that they go through with the

realtor board to see if you have a case with this. And we had it dead to rights. We were owed this commission all day long. It was, it was a textbook, easy peasy case in this, the agent that kind of did what they shouldn't have done, decided to take us to, you know,

we had to take them to the board, their broker to get the commission. We go to the board, but you have to do through mediation. We win, right? We win that. Then he drags it to a lawsuit.

So we go to court. We win that. Then they drag it again. It went to the Supreme Court of Nevada. It went to the Supreme Court, and we won. They must have spent. I mean, this was a decent commission. It was probably $60,000 or $70,000.

But he must have spent $150,000 trying to get it. And it was ego. I'd rather just have the $90,000 if a $60,000 commission would cost me $150,000 to get. It made no sense. You know, I'll never understand. But yeah, people do that all the time. And ego will kill you. So have, talk to other,

before you make rash decisions in law and in life, talk to somebody about it. Really run them through the gamut. Really kind of examine your cost-benefit analysis. What's your BATNA? What's your best alternative to an agreement? 100%. Now, I didn't mean to turn this into a commercial for you, but.

Oh, no, no. Call the law. 702-CALL oh no no no yeah no no but somebody if they if they want if they are listening to this and they're in nevada yeah how do they find you dude 702 connell my last name 702 connellaw.com spelled spell it because there's there's 702-266-6355 that's a funny story how i got that number took a lot of effort but i got got 702 Connell, my name, and give me a call. If you want to just chat about real estate or whatever, obviously, I'm always happy to do so. That's it. Yeah, that's it.

And Colt, how do they find you? Besides Chica Bonita's on day shift. Chica Bonita's on the Tuesday day shift. You can reach me through Instagram. What's the gram? Colt under the, what is it? Colt Amidon? I think it's just Colt Amidon.

Just like Colt Amidon. A-M-I-D-A-N. And I think Google Colt Amidon. You can't miss me. I'm like, what is my answer? All right, guys. We'll wrap up another episode. If you like it, make sure you subscribe to come back another time.

If you really like it, tell a friend. If you hate it, tell two. Because remember, it doesn't matter how they're talking. It's when they stop talking, you got a problem. See you next week. 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.

We'll share any links of 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 the John Gafford. I'm here. Give me a shout.