My First Million - #187 - How Vending Machines are Generating Millions, The Next Big Social App & Ghost Kitchens For Gifts
Episode Date: May 28, 2021There are entrepreneurs quietly generating six figures working part-time in the vending machine business. Others have been able to scale to multi-million and even multi-billion-dollar figures in the i...ndustry. Shaan (@ShaanVP) and Sam (@TheSamParr) break down the vending machine industry with tons of numbers and exactly how some are pulling it off. The guys transition from a "boring" business to high-tech ones as they break down how Vimeo went from a College Humor project to competing with YouTube and earning an $8b valuation. They also talk about a trendy new pod that generated 500k downloads on its first day and they brainstorm on a fun concept: ghost kitchens for gifts. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (5:55) How Vimeo became an $8b company * (14:26) The next big social app? * (25:45) The millions to be made in vending machines * (41:35) Ghost kitchens for gifts * (53:00) Post-podcast free talk
Transcript
Discussion (0)
So I like these like big things software companies that can scale.
But when I heard him describing this, I'm like, God, I want to get it on this.
Like, you know what I mean?
I feel like I can rule the world.
I know I could be what I want to.
I put my all in it like my days off.
On the road, let's travel, never looking back.
What's up?
Sean here.
We got Sam.
And today's episode, we're going to talk about a blue color side hustle,
aka the hillbilly of the week, which is a vending machine business.
Sam breaks down all the numbers behind it.
We talk about this idea of creating the edible arrangements of DoorDash through
Ghost Kitchens.
We talk about the new hottest app in the app store, the number one app, aka, is this the
next Snapchat?
Is this the next clubhouse?
We don't know.
It's called paparazzi.
And I tell a story around that.
And we talk about Vimeo, a business you probably heard of, but may not realize that Vimeo
is now a $8 billion business.
And then at the end, we shoot the shit with Abrayu and the new Abrae.
you, Dan, and you get to meet him a little bit. So that's the last, I don't know, five,
10 minutes of the episode. All right, great episode. Enjoy. All right, what's up?
Yo, you know what's funny? I put out that thing for, for merch designs and somebody had a great
one that was, all right, so the funny ones I thought were somebody made a yada, yada, yada shirt
with your face on it. I thought that was funny. And then somebody made one that just goes,
it's both of our faces, it's both our faces like kind of illustrated. And it just says, a break,
you, we good?
Wait, really?
Which is what you say at the end of every episode.
Do I really?
Yeah.
I, uh, and then another guy, so Sean, we're doing this meetup in Miami.
By the way, we, we're called it a meetup.
I feel like that undersells it, right?
Live show, we're going on tour.
That sounds more badass than we're doing a meetup.
Well, yes, you're right, but there's two things going on here.
The first, I was down playing it because I frankly, I didn't know how many people were
going to show up.
Yeah.
So we set the limit originally.
at 400. And then our venue now is changing. And so we don't, I don't know how many is going to
seat. Right. And so we cap it now at 335. That's how many RSVPs we have now. So if more
open up, we're going to open it up. But I was doing it to like make it so if I failed, it would be
okay. And also, when you're talking about show, I know that you're, I think you're pretty
comfortable on stage and you actually aspire to be kind of a professional comedian. I have no idea
what we're actually going to talk about. We haven't even, we haven't even said a word to each other
about what are we going to do there?
Yeah, so we'll figure it out.
But basically, the way it's working, and we agreed to, as per usual, we agree to stuff
without thinking it through.
But basically, we have a thing in Austin at 6 p.m. on Thursday.
That's probably going to end at 10 p.m.
And then we have a 7 a.m. flight.
And I think that flight is going to land at 1230 in Miami.
These are the logistics people came to listen for.
Well, sorry, but anyway, it just, we have a lot.
We're going to be running a million miles an hour.
You know, what I thought would be a fun idea.
I just thought about actually while I was putting my contacts in before this,
I go, what are we going to say on stage?
What would be a good live show?
Because I was like, either we just do research and we just have like a fire episode
where it's like great ideas, great Billy of the Week, great business breakdown.
We could have that ready.
I said, or we could do it.
You know, like when you go to a.
comedy show and they fucking, they take your phone, they zip it up so you're like, you can't
record this. It's like, well, if they showed up live, what can we get them that special that we can't
just say on air? So I thought maybe, I think each of us probably has a few business stories, war
stories, that we could share that are entertaining, that you could do kind of an off-the-record
format. And I feel like we could put out five stories that we could tell about stuff, you know,
or three or four stories at least that could be entertaining about, you know,
something, something that happened that is, you wouldn't just like,
you wouldn't go publish a blog post about it because it's not necessarily the details
you can't get out to everybody.
But in a trusted group of some of our, you know, biggest fans, I think that's cool.
A 400 person trusted group, but yeah.
I think, that's a group of strangers.
I think maybe it might default to like Q&A, but we'll see.
It's going to be weird.
We're going to, I've never, I've talked.
I think the most amount of people I've ever talked in front of is 5,000.
And that's not a big deal.
I can do that all day.
But never 5,000 people who came to see me just like ripped.
So that's going to be weird.
But we've got a lot of ideas and you want to get straight to it.
Yeah, let's do it.
Where do you want to actually start?
The Vimeo one's not an idea.
You have this cool thing about paparazzi or I don't actually know if you say it.
That's actually a lesson.
I want to start with Vimeo because there's no lesson here.
I just thought it was cool.
So Vimeo went public two days ago.
So I didn't even know this until I saw the tweet.
It was an awesome tweet about the woman was with her kid and saying, like, wishing her mom a good day's work when it goes public.
A good day's work to you, love it.
And you, child.
Like, good luck.
It was like a three-year-old saying, you know, good luck as you ring the bell.
I love that type of shit.
And anyway, went public.
But there's a background behind Vimeo.
So do you use Vimeo?
I use it all the time.
I've used it.
I think everybody runs into Vimeo once in a while.
I don't use it to upload unless I'm like,
oh, I need a high quality kind of private thing.
And I'm just surprised this company made it.
It just seemed like Vimeo was dead.
I think it literally died at some point,
but they pivoted and made it actually into a great business.
So tell me about it.
It never died.
So it's always been like kind of popular.
Like for a very particular type of person,
I love watching it on my TV because I've got like a fancy TV
and they have fancy videos like high-end videos.
and they particularly have like weird stuff, weird music.
They've got...
What sort of fancy weird videos are you watching?
Like nature stuff?
No, there's like, yeah, tons of nature stuff.
Like, men and women's stuff?
Like, what do you watch it?
Oh, like a drone flying around or something.
Gotcha.
Or, you know, stuff that's like, it's kind of like it's oddly entertaining.
Or they'll have really unique art pieces, like an art video.
So it's very niche, but it's really.
really neat. I love it. But the way it started is actually interesting. So these guys, it was a guy
named Ricky Van. I think his name's Ricky Van Veen. He started with a guy named Josh and a guy named
Zach. Three of them. They were only 18 and they started this company called College Humor. And you know
college humor. Of course. We're a similar age. If you're young and listening to this, you probably don't
know it. But basically it was like, it was like, Jerry, but before Instagram. Exactly. Or
barstool sports, but not sports. Right. And it was like a kind of a smuddy.
It wasn't smut, but it was like SNL online.
And it was cool.
And it was one of the first blogs, and they started it, and it got going.
And they also had little side projects.
These guys lived in New York, and they were just like your typical, like, 20-year-old
cool New Yorker guy where they, like, you would see their life and they would start a little
side project.
It was really fun.
One of their side projects was a video uploading tool that they built because they were
uploading videos before YouTube was around.
And that was Vimeo.
And Barry Diller, who we have to do a deep dive on.
He's very fascinating.
He started this company called IAC.
They're pretty huge.
They've owned Match.com, which they've spun out to be its own business.
They own Tinder.
They've owned a ton of stuff, Angie's List.
And anyway, he bought that for $20 million in 2006.
And he's held it now for almost 15 years.
Vimeo, they spun it out.
So what Barry Diller and IAC does is they buy these companies.
They employ people to run them and they grow them.
Not like crazy fast, but they grow them.
And then they spit them out to go public.
And it works often.
And they went public recently.
They bought this business for $20 million.
It's now worth a.
billion dollars. Is that crazy?
That's insane.
Publicly traded worth $8 billion.
By the way, if Vimeo's worth $8 billion, YouTube's worth what?
800? Like YouTube must be crazy. YouTube is insanely more valuable than Vimeo.
So that just seems a little off, right? Like YouTube would be like 80.
Dude, Vimeo does like four or 500 or six, it's like many almost close to, it's half a billion-ish in revenue.
Yeah, but YouTube does like $20 billion in revenue. It's crazy, right?
Yeah. Well, I'm agreeing with you. YouTube should be worth a lot.
but I don't think Vimeo's...
So explain the niche.
So Vimeo basically did what?
They sort of pivoted from consumers uploading videos to more like businesses or creative
people, filmmakers, you know, type of people uploading videos.
Is that right?
Yeah.
So if you want to upload a video and you want to upload it quickly and you want to upload it
in the highest quality possible, you'll use Vimeo and you'll buy a creator's account.
They also let you do some editing online that makes it a little bit easier.
You can add some captions, things like that.
You can have a...
People will use it to like store their portfolio.
And so what you'll see, if you go,
on there, you type in nature, you'll see some video, and then you'll see, like, oh, wait,
this is by Yeti, and it's Yeti hosting a lot of their cool videos that they'll pay a creator
to make for them as, like, an ad, and they'll, I don't know, actually know where they even display
those videos other than Vimeo, but, like, you'll see, what's the outdoors company that
let my people go surfing? North Face. The North Face guy, like, you'll see him fishing in a stream,
telling a story about the background of the company. So it's a lot of outdoorsy, a lot of brand stuff.
pretty interesting.
The niche, I don't actually know how to describe that niche,
but it's kind of interesting.
It's all people who want to have higher quality stuff than YouTube in terms of like resolution.
And they also do a couple things that they like goes against their culture.
Like they don't have view counts.
They don't have a sort by popularity thing.
So it makes it a little bit easier to discover stuff that you normally wouldn't have seen.
Well, it's good by them because all the other video upload sites,
whether it's like daily motion or like all those other ones,
they all died, right?
YouTube just, YouTube, YouTube took over.
It ate everybody up.
And Vimeo squirted away and found a niche that works for them that is actually like an $8 billion niche, right?
It ended up working out and not like a, oh, that's a lifestyle business kind of way.
So, you know, props to them because I don't think this was the, I don't think this was what most people would have bet was it would be the outcome once YouTube started growing like it did.
So the company, Vimeo has 200 million users.
So 200 million people a month, I believe, go and use them.
And also they have 1.6 million paying subscribers.
So pretty substantial.
Another company that I didn't put on here, but is killing it in video.
Do you remember Weebly?
Yeah.
The website waker.
Oh, sorry, not Webley.
What's the other one that starts the W.
Wistia.
Wistia.
You know Wistia?
So Wistia is in the same thing.
So Wistia is kind of an interesting company.
They also started in 2006.
And they were based out of Boston.
And they raised a shit ton of money, built this business.
to be like 30, 40, 50 million recurring revenue.
And then they bought out their shareholders.
They raised money from KKR, the PE company and bought out their investors.
I bet you that company could be potentially worth a billion dollars as well.
But they're kind of doing something similar.
Yeah.
You know, last episode I had this thing, or not the Mark Lower one, but the one before that
where I said, you know, one of my learnings that one of the counterintuitive things that
I learned is never underestimate these megatrends, even when you feel like you're late,
you're early.
And there's another version of that, which is even when you, even when your niche,
you're big with a megatrend.
And so Mark Zuckerberg came out, I don't know when it was.
I didn't start using this term megatrend until I heard Zuck use it.
I think five years ago when he goes, video is a megatrend.
I thought, oh, that's interesting.
Facebook's not even at that time.
Facebook wasn't even about video.
They hadn't launched watch.
The feed was mostly photos and text updates.
And, but they see everything, right?
Facebook knows what's going on on the internet.
They know exactly where all the opportunities are,
whether they can capture them or not.
And for video, I thought, huh,
what does he mean by Megatrend?
And I think what it means is like mobile,
like the internet, like now video, social,
these were, there were like trends of trends,
meaning like they were going to transform basically every space.
And so you saw this, we saw this with video.
All of a sudden newspapers or, you know,
the kind of the means,
for media companies,
as well as we're pivoting to video, right?
Which is like,
you used to write articles
and now you produce videos.
You know,
same thing happened with Instagram.
You know,
more and more Instagram content
shifted from photos
to videos either through stories
or posts or now like reels or TikToks.
And so video just has just eaten up
more and more share of people's attention
and what the internet is used for.
And I think that that's pretty fascinating.
And I think this is a good example
of video is such a big megatrend that even being the niche kind of like the video uploading
site for creative makers, hobbyist, fishermen, and photographers, it's like, boom, $8 billion.
You know, $8 billion company if you end up winning that space, that niche.
And so, yeah, just another example of do not underestimate a megatrend.
Don't think you're, don't think you're late when it's a megatrend.
And don't be afraid of going niche because even the niches are big with megatrends.
I would say today's megatrends, my personal bets are that.
today's megatrends are anything that's actually real in machine learning or AI,
as well as crypto.
I think those are the two megatrends that are happening right now.
Speaking of megatrend,
something happened the other day,
an app went crazy viral and you kind of have an insider story of it.
Yeah, a little bit.
Okay, so there's this app.
So I'll tell you kind of my learning here.
Friend of the pot, actually, he's never come on,
but one of our friends are, I don't know if you know him very well,
this guy Nikita Beer.
He's an entrepreneur.
His company was TBH got acquired by Facebook for $100 million in a really crazy way.
They basically were grinding, trying to build like social products like, you know,
the next Twitter, the next Snapchat for a while, many years.
And we're just getting really, really smart about it, learning a bunch of stuff but never hitting the home run.
And I think about a few months before they ran out of money, they just threw, you know,
they were either going to wind it up.
just all right, let's all go get jobs or, you know, get aqua hired somewhere.
They threw one last attempt and they made this app called TBH and it went viral amongst
high schoolers.
It was like a app where you're kind of like answering questions or polls about your friends,
you know, who's most likely to blah, blah, blah, blah, or who is your favorite person about
blah, blah, blah.
And then it was a place to go, you know, kind of post like a social network for high schoolers.
Takes off.
Facebook buys it for, I think, 100 million bucks was the reported price.
How do you think that deal was structured?
$100 million for an app that doesn't like, it's brand new.
I have no idea.
Obviously it was an overpay, you know, months later,
TBH shut down, you know, no longer, it was kind of a fad, right?
It didn't have legs.
They shut it down and they kept, you know, most of the talent.
And so, anyways, he's been there for a little while.
So he tweets out, when the app store refreshes,
there's a new king, 500,000 installs on day one.
all right, you got my attention.
I'll bite what is it.
And people start speculating what it is.
And I sort of do some internet digging.
And I find out, okay, there's this app called paparazzi.
So have you seen what the app is?
The app is called paparazzi.
It's currently the number one app in the app store.
It's had over a million installs and I think less than a week.
Their wait list, basically they were a test flight app,
which is like how you give it to like beta testers.
it's not even in the app store.
Their test flight app went viral.
And so they had half a million people ready and waiting to download the app.
So they just rushed it onto the app store and bang, they hit the number one.
I think they're still number one on the free charts above Snapchat,
above TikTok, above Facebook, above everybody.
And okay, so what is paparazzi?
And by the way, paparazzi has almost the same story as TBH.
These guys been working on this for a while.
for like three years I think years yeah they were just kind of grinding away you know a small team
I think they're in L.A.
And two brothers.
They they almost got acquired or I kind of aquired for single digit millions of dollars like
you know a couple of the big social networks were talking to them.
And they could have took that, you know, they would have made probably, you know, a million
bucks, two million bucks amongst themselves if they did it.
But they said, all right, fuck it.
Yolo, one more try.
they release this new app paparazzi and it hits and it hits big and so we'll see if this is going to last right
social lapses could be like a tbh could be like a clubhouse it could be the next snapchat right
that's the thing with social lapses they all sort of start out looking the same they look kind of
silly they sound kind of dumb and then you know you fast forward a year and then you know some people are
proven right i told you that was dumb it faded away and then for some people like me my my you know i think
I think I was right about Clubhouse, my famous Clubhouse prediction.
I think it's being proven right.
You know, their downloads went from like $1 million to $4 million to $10 million,
and then back to $2 million, $1 million, half a million, right?
Do you have Intel?
Are you right?
I mean, the download numbers would tell us a story that I'm right so far now.
But when I was saying it, it looked like this thing was going to take off.
They had $10 million downloads in a month, which is insane.
Now it looks like I'm right.
But, of course, it could turn around.
Maybe they could, maybe they could prove me wrong.
But how did this one app get popular?
So I don't know exactly how it got popular.
It's very cleverly architected the way there's sort of flow works to get you to invite friends.
But I think there was just like a novel hook with this.
So why is it called paparazzi?
It's called paparazzi because on every other social network, you post about yourself, right?
I go post on Instagram.
I post a photo from my camera that I took about me and my life.
And if I post a story, same thing.
paparazzi is just like the name sounds.
It's other people taking pictures of you,
which is kind of funny, right?
So, like, your profile is not pictures you upload about yourself,
which tends to be you kind of in a manicured,
set up environment, making yourself look good.
With paparazzi, it's other people taking pictures of you,
and that sort of is like a photo tag onto your wall.
And so your whole profile is just pictures
that other people took of you,
and you can sort of, like, accept them or deny them
if you don't like the photo or whatever.
And so that creates a cool dynamic where now you're getting people in more candid shots because it's other people taking photos.
And which makes the content more interesting.
It's more raw than what you're getting on Facebook.
It's more raw than what you're getting on Instagram.
It's even more raw than what Snapchat was, which this is the game Snapchat played on Facebook.
Snapchat was more raw and candid because the photos disappeared so people, they had less of a filter on what they posted.
But still they wanted to post a certain type of thing that made themselves look good.
This is even more raw than Snapchat.
It's even more candid.
It's content that wouldn't have made it to Snapchat
makes it on the paparazzi,
which is what makes it interesting.
Now you're getting new shit shared
that you wouldn't have otherwise got.
So that's the premise of it.
What do you think of this?
Never in a million years
that I've thought this was going to work.
And I can't decide if I just have bad taste
or if I'm old.
Is that the app?
Opening the app.
There's like a hype video.
Do you...
Which is cool.
More apps should do that.
They should have like a trailer
like instead of a boring onboarding,
this thing is playing me like,
I want to play the music.
It's like, let's get it, pop in.
And then there's pictures of all these like cute boys and girls.
My phone is literally vibrating.
It's like,
that's the most excitement an app has ever showed me.
So do you,
but when you were looking at this,
did you think that this?
So I get that it's popular now
and it's easy to say,
yeah,
I get it.
But no,
I would have never predicted this, right?
Like, okay,
you would have told me.
I've been like,
huh,
that's clever.
But still,
probably not going to fucking work, right?
Like, it seems so unlikely.
For anything to just, like, hit like this is so unlikely.
And it's not the expected things.
So you sort of, by default, you sort of, you don't imagine that this would hit.
Same thing with Clubhouse.
I was like, oh, that's cool.
I've seen a bunch of things like that.
I don't really see why this one will go viral, but it did.
And so it's very hard to predict with social.
Even I spent maybe like five, six years of my life trying to build social stuff.
I knew everybody in the space.
I tried so many different things.
So I would say I'm not like a novice to this stuff, but it's very, very hard to predict.
And our friend Jack Smith says this best.
He goes, if you look at even the guys who invested in Snapchat or WhatsApp or whatever,
they go and they strike like, okay, Sequoia, the best venture fund that's, you know,
ever existed basically.
They invest in WhatsApp.
They invested in every single round of WhatsApp.
They led every round, which was a genius move.
So when exits for 1920 billion bucks, they were huge winners out of that.
Cool.
Guess what they also invested in?
Yickack, a social product that died, Whisper, a social product that died, right?
They have a graveyard of other things they tried that didn't work out.
And I don't know if those are the exact ones that they invest in, but they have a bunch.
And so Jack pointed out, he's like, if even the best guys who have had the home runs have a bunch of swings and misses with social,
it just shows how hard it is to, like, correctly predict social before it plays out.
I have a friend who was in the seat stage, a friend of a friend.
He was in the seed stage of Robin Hood and a whole bunch of other stuff.
and probably worth multi-billion,
oh, for sure worth multi-billions.
And someone was asking him about social apps
and about consumer stuff.
And he goes, honestly, if the person's competent,
maybe do it.
But really, it's just gambling.
And I have no idea which one's going to work.
He said, if he goes,
with B-to-B stuff, I can kind of, like,
I can look at some stuff.
I'm like, okay, I understand.
You can, you can, you can,
the likelihood that you can make this,
at least a mild success is quite high.
But with social and some basic consumer stuff,
it's just I'm just rolling dice and I have very little confidence in any of it.
So the beautiful thing about social, like who it's like who would try this, right?
Like, because you're right, it's so hard to predict.
If you're a great entrepreneur and you go into this space, you're intent, you're going to a casino and you're saying, all right, my odds at the craps table or, you know, 51, I'm a 49 to 1, 49 to 51 underdog.
Blackjack, I'm 49 to 51.
Oh, you have, you know, whatever, Chinese backgammon over here.
here, okay, I'll go play Pi-Gow. I'm going to go play Pi-Gow even though the odds are, you know,
80% chance of loss. It's like, why do you do that? Because it's, A, it's fun. And B, when you get
social right, you're the fucking king of the universe, right? Like, it's like, yeah, my app is the one that's
used by like a billion people every day of their life. Their whole social scene is on here. They
use it with their mom, their friends, their girlfriend, boyfriend, whatever. And so it just
hits different when you hit social.
And that's why I love even talking about things that are social that hit
because it's a rare type of game that you kind of have to be a madman to go play.
So let me bring up something that's the total opposite of this,
which is you don't have to be a madman.
And the likelihood that it's going to succeed is incredibly high,
but it may not be like a huge winner.
Okay.
Just with that information, do you know where I'm going with this?
I see vending machines on our thing.
And I think that a vending machine business is probably the most,
predictable, simple, understandable,
guaranteed type of business you could do.
Is that what you're going to?
Yes.
So these two folks came to me
and they pitched this idea.
They're raising money for it.
It's a vending machine business for,
it basically is mostly female products,
so tampons and stuff in bathrooms.
And oddly enough,
I had another guy email me a deck
about a vending machine business,
and I'm not going to do that one.
But this first one was kind of intriguing.
They've got some traction,
they're making money.
It's kind of intriguing.
and I started doing some research
and I tweeted out who knows everything about
who's the person who's the person who's the person who's the person who's the ton of traction for some reason
and I think I guess a lot of people are interested in this.
This guy named Quinn Miller reached out to me and I did a call with him this morning.
Very fascinating.
He worked and I just want to bring this up because this is the exact opposite of what we were just talking about.
Right.
But it's oddly as compelling and as interesting even though it's the two totally different parts of the world.
So this guy, he's 27.
He worked in software sales.
He quit about a year ago to start this business.
He's got a vending machine business.
And he gave me all of his numbers and he said I could reveal it.
So he's about 10 months into the thing.
He's currently doing $15,000 in monthly revenue.
And he's doing that across 27 machines.
His startup costs for $600, $400 to buy a machine and $200 to fix it and move it to the place where it had to go.
By the way, this is our weekly blue collar side hustle.
This is the perfect blue collar side hustle.
Yeah.
So on the 15,000 in revenue, 65% percent.
is profit. So he's doing around $97, $9,800 a month in profit so far. Total investment into
the biz so far, after he already bought his first machine, has been $50,000, time involvement
per week, relatively high, 20 hours a week because he's actually delivering all the stuff.
I asked him all about it. I was like, how does this work? Because the reason I reached out
to this guy was, I was like, hey, there's this like tampon startup. It kind of looks interesting.
What's your tampon vending machine startup? What's your opinion? He goes, yeah, I mean, I obviously
don't know anything about that, like too much. But basically my opinion is the world,
he goes, America runs on Coke and Monster Energy drink. And I was like, what do you mean? He goes,
let me, let me explain. So I put these vending machines. I love that. So let's slow down.
So the guy basically buys vending machines like you and I are used to, just a snack vending machine.
Nothing, nothing innovative there. Well, he does one quote, innovative thing. He puts a,
he installs a credit card machine on him for about 250 bucks. You can get a credit card machine.
Okay, so he gets it, he's a vending machine.
He says, all right, people aren't carrying quarters, so I'm going to take cards.
He puts them, he puts them, so he buys each machine, you said, for 500, 500 bucks?
The first one was 500.
He has 27 machines with 50K, so whatever that math is.
So what's that?
2K a machine, roughly.
Yeah.
Okay, so he buys a $1,000 to $2,000 machine.
He puts it in places like what, office buildings, apartment.
Yeah, so he cold calls lower income hotels, motels, assisted living places,
and low-income apartments.
Sorry, low-income apartments, dash, or comma, motels,
comma, assistant living places.
Okay, great.
And so he goes and he basically says,
hey, put this here and there's a revenue split,
or he pays rent?
How does that work?
So most of these businesses, the way that they work,
is they give 10% to 20% to the real estate vote.
Right.
This guy, he goes, I actually,
because I sold software, I'm pretty good at sales,
and I do what's called a value sale.
And he goes, basically, I say, look, your tenants are, if I just improve your tenant experience by just a small percent, maybe you're going to make more money because someone will want to stay or want to rent here.
He gives them nothing.
He gives them nothing.
And so he's got a bunch of machines in like 10 different locations.
And he just cold calls them.
And then it's so unsophisticated.
Where does he get his stuff?
Costco.
So he buys a can of Coke from Costco for 33 cents and he charges a dollar for it.
Right.
And it's very simple.
Not complicated at all.
By the way, my grandfather used to have a vending machine.
So this was probably the first business I ever encountered was, I think it was probably five years old.
And my parents, you know, they worked.
So my dad would work in an office building.
And he needed me to be babysat.
But then like, you know, old people also kind of need babysitting.
So my dad went for a two for one.
He basically bought or rented out a little, like kind of like a corner store inside, like a little deli inside of the office building.
And then my grandfather ran.
it and we used to go like work the register at the age of, you know, seven.
And he was like, baby C, baby C, he basically occupied his grandparents and his kids without
having to like do any pay for any like caretakers.
In fact, it made a little bit of money.
And then my grandfather had this vending machine that we used to go and do this exact refill.
We would go to Costco, buy the Cokes, put it in.
He would collect a bag of like change.
And then we would like go to the bank and like exchange the change.
And I remember being like, what is this?
He had one vending machine as.
his business. It sounds awesome. And I asked the guy, by the way, this guy's name is Quinn Miller.
I'll give him a shout at. Quinn Miller. I ask him, I go, how big can this get? He goes, look,
I'm not trying to be offensive or anything, but the operators of these businesses typically are
pretty hillbilly. And so they're pretty unsophisticated, which doesn't mean they're dumb. They're just
not sophisticated in terms of like technology or anything like that. And they like, there's a low key,
easy life. He goes, but I met a guy in Palm Springs who had about 1,600 machines. And he was making
anywhere from 5 to 10 million in revenue with about half in profit.
Right.
And I was like, well, that's pretty amazing.
How else can it get big?
Like, what else is big?
And he said that there's a company called canteen, and I looked it up.
I think it's public.
But they do like 15 billion in sales of this.
And they're the largest vending machine company in America.
They operate them.
Yeah, and they do distribution.
So the thing is, is like what this guy does, Quinn, he finds his route.
So he finds a route.
So he's like, all right, if I go from Descentry,
A to B, it's a straight line. I'll do everything in between. And so I try to find locations on the way so one truck can do all of it in an easy, short amount of time. And he's like, I'm very specific about where I choose. And that's where you make a lot of money is you can be very efficient with your time. And so basically that's what he does. And he said, this company canteen just does that on a huge scale. And they're ultimately at the end of the day a logistics company and a bit of a supply chain company. But at this point, Quinn told me, he was like, I rented a small warehouse now because I'm getting so much freaking coat. He goes, the reason I like doing that. And I
And so back to tampons, he goes, you have to like look at what the repeat purchase rate is.
He goes, if I go to like a lower income area, these folks love Coke and love Monster,
to the point that one guy will drink five coaks today.
I'm getting $5 from them.
You have to ask yourself, can you get that for tampons or other products?
And he goes, in fact, a lot of the vetting guys, once they move from Coke and Monster Energy,
they're starting to go into what's called honesty market.
So basically at a wee work, you know how they like, you swipe your credit card and you only take
one sandwich for $8.
Yeah, yeah.
He's like, that's where the money is right now.
Huh, that's interesting.
And yeah, so it's almost like there's whales for the vending machine.
It's not like everybody buys one every three days.
It's like one guy drinks nine Cokes a day or four Red Bulls a week.
And that's where you make your money is on the like 10% of the residents who buy like 90% of the goods or something like that probably.
Yeah, this guy was interesting, man.
He's only 27.
He lives in San Diego, worked in tech sales.
he told me that he goes like basically I'm a pretty he goes I'm pretty I was pretty good at
selling software um I'm not the best but I'm pretty good and this industry that I went into
they're just kind of not that great at that many stuff and I could outsell relatively easily
I could kind of outwork relatively easily and so anyway fascinating story so you know we have the billy
of the week I think this needs to be the hilly of the week it's the hillbilly business
that's actually that's actually great uh so quid miller you are
the hilly of the week.
Congratulations.
I love this business.
So just to summarize,
buy the thing for a thousand bucks,
cold call,
you know,
apartment complexes,
motels,
hotels,
you know,
low income,
the better,
I guess,
is the way that this market works.
And then you're trying to generate,
he's generating off of,
what did you say,
50 machines?
27.
27 machines.
He's generating about 100 to 120k of profit.
a year. And so that's, you know, that's the business. And then what's the work? It sounds like it
could be easily, you know, delegated, but it sounds like he wants to do it and keep his margins,
which is you go, you buy the stuff wholesale. And then you stock all the machines on some
regular cadence and you collect, you know, the payments on the other side. So that's it. I was so
fascinating. So like, I get, when people call me a tech guy, I'm like, not really. I work in
publishing. Like I'm a publisher. But I guess compared to someone who works in a buddy machine, I am a tech
guy. And so I like these like big things software companies that can scale. But when I heard him
describing this, I'm like, God, I want to get it on this. Like this is just still like, you know what
I mean? It's like we just got done talking about paparazzi and how this young guy named Nikita
who sold an app for $100 million to Facebook and is probably 26 years old, baller. Like you'll die
a billionaire if you just breathe. Okay. That's it. But then I hear the shit about this guy who spent
50 grand and it's going to make $150,000 a year in profit. And I'm like, fuck yeah, sign me up.
Let's get into this. So I think it's kind of interesting. I like hearing about it.
Yeah, whatever floats your book. You know, I look, let's do some quick like other ideas or other
brains. So I think first of all, I'll say the beauty of this is that you don't need to come up
with a genius twist on it. You just do the same thing in your local market and it would work.
Okay. So that's, that's cool. But if you were going to do a twist, right? Like I like to dabble in
ideas. So let's let's come up with some ideas. Here's a couple that I think might be interesting as
twists. You mentioned the honesty market. What do you call it? Honesty market. That's what he called it.
Yeah. So I've seen this at big companies. They do this like at the Adobe office. I remember they
did this, which is like there's a bunch of sandwiches in a thing. You take it out and you pay and nobody's
watching you. So there's no labor cost. And they just hope that you're not going to steal shit.
And that works in certain types of like high end places. You said we work, things like that. Okay. I think
that's cool. So maybe there's an opportunity there. What about subscription? So if you're taking my credit
card and you got this vending machine, how do you get me with saying, hey, you could buy this one
right now. You can buy this one can't a Coke for a dollar, but for, you know, $6 a week and get
unlimited Coke, right? You can get unlimited vending machine swipes. And you basically set up a recurring
revenue business off of the residence in the place. And, um,
You know, it's like a breakage model, so you know, they just can't empty you out.
Dude, I think that's the move, but you're wrong.
It's not unlimited.
No, no, it's capped, right?
But the machine caps you.
It's like, oh, hey, it's user whatever.
I don't know how they would know that you're you're you.
I guess that's a little bit of a tricky one.
You'd have to swipe your card every time, which feels bad.
You just need like a metro card, you know, like a like a metro card or like a, like a,
clipper card or whatever where you basically get a certain amount.
So the question is this.
If someone's going to, if you're going to spend, so when I live,
in college, I had a vending machine. Would I spend $30 a month in that vending machine? I think yes.
I think I did. Yeah. Yeah. I think I did. We had snaples and I couldn't resist.
Right. So then the question is, you just have to ask yourself, are you willing to give up 15% of your
revenue in order to give the customer a discount if they pay up front? Yeah, but I think it works both
ways. So you get two benefits. One is they prepay. So you float all the money that way and you're
able to like cash flow the business better. The second thing is not everybody's
going to maximize the value. So there's like a breakage model where some people use the full amount.
Great. And, you know, if 30% of people don't max out, that's just free money for you that you
didn't have to spend it, spend a dime on. And easily, you know, most of, I think this is the,
the ugly side of most subscription businesses is that people don't use the subscription. They just don't
remember. They don't cancel. They're either too lazy or they forgot. And you sit here thinking,
you have all these happy customers and in reality go look at your usage numbers.
How happy are they if they haven't used you in a year and a half and you're just charging their card?
And so that's the truth about subscription business is why people love them is because the people
said it and forget it.
And so yeah, I think the same thing would happen here.
All right.
So that's another idea.
Last one I'll bring up with this vending machine thing is I'm buddies with the guy who
started Life Aid.
He came on the podcast.
They have, I remember that.
Fit Aid, party aid, you know, recovery aid, whatever, sleep a whatever they are.
They have a bunch of different drinks.
I'm, like, addicted to fit aid.
It's like my whole mini-fridge in my gym here is stocked with them.
And he got his break by giving, he basically went to CrossFit gyms and he said,
hey, Cross-Fit, you don't have a mini-fridge.
I will give you a free mini-fridge and a case of fit aid.
Here you go.
You know, here's a $79 mini-fridge and a case of fit-aid.
Try it out.
Give it to your people.
Let me know what they think.
And if they like it or if you like it and you guys make it a little bit of income
off this, just give me a call.
back or I'll send you a second case next month. And so this is how he grew the brand was through
the CrossFit, the CrossFit gym network. And specifically with this idea that they didn't have
fridges. So they didn't have a vending machine. They didn't have a fridge. They couldn't have a vending
machine because you can't be CrossFit and then sell Kit Kat bars. That doesn't work. But what you could
do is you could make the post-workout machine and you could put it in every gym. What's in the
post-workout machine? It's Gatorade.
propel, it's, you know, fit aid.
It's all the, all the, no, I'm just saying you could do this.
This is an idea.
And then you have like, you know, I mean, the BCAAs, like the branch chain amino acids,
you should take post-workout as a little supplement.
You know, you could have hydrant for your hydration needs.
So you can put a whole bunch of post-workout stuff that people take, protein powders,
protein premixed drinks.
You can put it all in a vending machine and put it in gyms.
I think you could have a similar model.
Yeah, I think that could work.
I don't know actually what the margins are on health food versus a Coke.
I imagine they're the same, to be honest.
But I'm into it.
I think that those honesty market things,
I bet works shockingly well.
Yeah, I remember when we were doing the sushi restaurant,
we met the guys who started like,
I don't know, Panera or something like that.
And Panera Bread was doing this.
Actually, I think in St. Louis,
they opened up the first.
Yeah, they're from St. Louis.
The first, like, pay what you want restaurant.
So pay what you can, I think is what they called it at the time,
which is like anybody could go and you could eat
and you just pick what you want.
And at the end, it says, pay whatever you want.
The average person pays $12.
And what he said was that the average ticket price in that restaurant was higher than their normal ticket than their normal restaurants where they have fixed prices.
You would think, oh, people are going to scam you and cheat you.
And he says it's a bell curve.
20% of people go over, 20% of people go under.
And most of the people pay the exact same.
But when you look at how the exact numbers break down, it's a little bit higher because people eat more.
and because they feel like they're getting a deal.
And customers were happier because they didn't, you know,
it's like kind of like a feel good story.
So I thought that was kind of interesting.
Then again, I also, when he was talking,
I was like, this sounds a little bit like PR.
So I'm going to like discount what you're saying by like 30% here.
I might do this for fun.
Do what?
I might do this vending machine thing.
I think it's a great idea.
I think you should do it as the,
just basically build it in public for the podcast.
I think you should basically give us updates on how
the vending machine business is going.
I think I will.
I think I'm going to do it.
I love it.
I think this is a fun weekend thing.
You want to talk about one more thing?
You want to do a ghost kitchen for gifting?
Yeah.
So it was my trainer's birthday yesterday or two days ago.
And I was like, oh, shit, want to get him something?
What do I get them?
Right.
And so I was like, okay, I'm not great at buying gifts.
Buying gifts is like a huge pain in the ass.
I'm a procrastinator.
So like, today is his birthday.
So I can't like order something online.
It's not going to arrive.
it's going to clearly be like,
I ordered this on your birthday,
it's going to arrive three days later.
That's fucked up.
Yeah,
that's who I am.
I'm fucked up,
right?
Like,
that's just the reality of the situation.
And so I was like,
okay,
well,
what do I do that,
what can I do now that will,
like,
arrive today and how do I be a good friend
who's also a lazy bastard?
And so my go-to recently
has just been,
I just surprised order people,
postmates or Uber-Eats stuff.
Like,
I'll just,
I'll just order,
you know,
like,
two jamba-juses
to somebody's house.
And I'm just texting and be like, hey,
there's something for you outside.
And they're like, what?
And they go and they pick it up.
Or the person rings the doorbell and says,
hey, this is for you.
And people love this shit.
It happened to me, somebody on my birthday,
instead of getting me a birthday gift,
they just ordered me food from a restaurant that I like.
And I was like, this is fantastic.
And like, sometimes the logistics don't work
because you're like not there or whatever.
Like, it's not perfect.
But these, the food ordering apps,
I think they recognize this.
because now, like recently in all their apps,
they kind of have like a gift of meal, like option.
But what it made me think of was, oh, what's the actual business?
What's the, if this is, you know what that phrase is where,
have you ever seen this diagram where there's like a street or like a walkway where you're
walking?
And it's like an L, right?
Like I walk straight, then I turn left.
And then there's like, if you cut across, you get there faster.
And you can see in the grass, people, so many people have cut across.
It's like worn out.
It's called like a happy path or something like that, like a desire path.
It's basically you show what people actually want to do.
It's called the desire path.
And so similarly, I think the desire path here is not to randomly order food,
have to ask your friend for their exact address, hope that they're there to receive it,
so you can't really surprise them.
But instead, why don't people make, why doesn't somebody make the version of like edible
arrangements or like one of these like gift basket products on top of Uber Eats and
Postmates and all these companies that we all already use.
So if you're on top of DoorDash, it already has my credit card, I'm already opening the
app every day.
Why doesn't somebody make the best way to just send a gift product to somebody else as
a ghost kitchen on top of this?
I think this is a no-brainer successful idea.
What is edible arrangements to?
Oh, you never had that?
Basically, it sends like a kind of like a platter or gift basket to somebody.
Yeah, yeah, yeah, yeah.
I know that.
In a like cool format.
And this business does like hundreds of millions of dollars.
It's a very, very successful business, old school business.
No, I get that.
But how do they, how do they, like, how is this any different than you just ordering food for someone?
So what edible range, it looks like a gift.
Like it's a, it's like a gift basket.
And you want to do that for a restaurant?
No, I think somebody should make a ghost kitchen on top of Uber Eats and DoorDash that is specifically a way to send food gifts to other people.
It looks like a gift.
It's like a giant chocolate thing, right?
It's like a giant fruit fruit arrangement.
It's just, you know, hearts and strawberries and chocolate cover strawberries or whatever, right?
Like, it's stuff like that.
And it basically said, and like, instead of, you know, when DoorDash, it says customize your order, you're like, you know, I'm allergic to gluten.
And instead of this, it's like, what's your gift message?
We have, we print it out.
We put it in there, right?
Like, the thing you want to be a thoughtful person is like a cool looking thing that looks like a gift and it comes with a little message.
But I want it as a last minute option.
And the way to do that is as a ghost kitchen, I think.
So I was talking to Andrew.
last podcast. And then I talked to him afterwards. I called him. I go, hey, what we were
talking about was pretty interesting. Tell me more. So he started this, uh, a bakery.
Bakery. Basically, Andrew is being Andrew. He's always tinkering. And, uh, he was like, I want low carb,
like something to satisfy me like bread. Right. And so he uses this thing called sucrose,
I think. Some monk fruit, some alternative sweetener. Right. And he got the guy to,
he hired a chef and he paid him a small amount of money, single digit low hundreds of dollars to come
house for a few hours and make these recipes.
What is single digits low hundreds of dollars?
What does that mean?
Like, I don't like two, three, four.
No, like single day, as in not like 800 or I guess that, yeah.
Okay, right.
You've been a few hundred bucks.
Gotcha.
Yeah, a few hundred dollars to come and make a bunch of muffins, I think, is what he made.
Okay.
And he had to use this monk fruit thing.
He goes, this is sick.
And he designed a website called, I forget what it was called.
Something like, I forget.
He made a little website on Shopify.
for the brand and then he put it on a DoorDash or Uber Eats and he sent it to a bunch of friends
and he only did local delivery in Victoria and he had the meal of delivery company to it.
Dude, he sold like three grand in month one worth of stuff and he's like invested $8,000 into it
so he didn't make a profit but kind of sick. He was able to test this idea very easily.
I'm like man, of all the stuff that you do, this like agency which makes more way more money,
this bakery thing is so much more fascinating than like just make, you know, do
doing a design design work for someone.
This is way needed to me.
Right.
And anyway, so I think you could test this so easily.
Yeah, totally, because you could just rent out a commissary kitchen for the hour, right?
You don't even have to commit to very long, right?
So you can rent these things by the hour so you can rent it for a couple weeks.
A few hundred bucks, maybe a thousand dollars max.
You list your restaurant on, you go five-year-a logo.
You list your ghost kitchen on DoorDash or Uber Eats.
You pick one city and you start.
And if this works, you basically.
you basically just, you become the easiest way for people in that city to send a thoughtful
little gift to others. The key is you don't have to spend the money acquiring customers,
right? So like, you could have always done this business, but you would be competing against,
you know, 1,800 flowers and edible arrangements and I forgot what the other ones, like David,
something where you send like chocolate. Like, I did this for my neighbor. My neighbor lets us use
their playground with my kid. And so I sent them like a big, like chocolate gift basket or something
like that because I don't know, I need to do something nice and I don't want to
make anything. So like, you know, how do I spend $100 and give a thoughtful, nice gift to
somebody make them happy for five minutes? And so I did the same. So that's what I want to do.
But I don't want to have to go Google search and figure out the brand and then like go through
their website and input my credit card. No, I already opened DoorDash six times a week.
It should just be there. My credit card saved. I push the button and it goes to the person and
it's done. What's your grocery bill every month? Do groceries are insane? I don't know if I'm
insane or if inflation has happened. But I went to the grocery store, no joke, last two times I went
to the grocery store. It's $450 to $500 for me, my wife, and I have a, like, you know, I have a baby who
drinks breast milk because that doesn't even, that doesn't even count. And then we have like a, you know,
a 20 month old. So you go to Whole Foods? It's Whole Foods, but like, whole foods, you didn't,
it wasn't a $500 trip for me before. It was like a $200 trip. So I think we got like a little crazy being like,
yeah, let's buy these like $9 juices or something like that. I don't know what's happening. But
It's crazy. What's yours?
I would have to look, but I imagine it would be between $1,000 to $1,500 a month.
$1,000.
Okay, so that's like $400 a week.
So about the same.
Yeah, but my thing is even before I had anything, I would always spend a lot on it
because my logic was, what's the point of living if you don't feel good?
And so I'm going to buy the highest quality stuff.
I don't care about price.
Yeah, my logic was I want this.
I really want to eat this right now.
No, look, like, when it comes to books, I don't care what the prices.
Same.
And I don't even care if I read it.
If I just get one sentence on it, it could be built.
Yeah, it could change my life forever.
So I don't care.
Like, there was one time I saw this book and it was $80.
I'm like, oh, my God.
I'm like, nope, I don't care.
I'm buying it.
Mostly it's the same thing with groceries.
So, like, the healthiest, freshest stuff that, like, for example, I used to buy, like,
Kroger, that's like the grocery store in Nashville.
Like, Kroger generic cheese.
And, like, if I thought about that now, I'm like,
I can't even think about eating that right now.
Well, do you do the thing where you're like, you look at your parents and you're like,
yo, what were you thinking?
Like, cheese in a can and like, yeah, this was like our every Thursday.
Yeah, every Thursday we used to eat like, you know, like, like, Totinos, you know, pizza rolls and like Tacottis or whatever those things are.
Or like yogios.
Yes, same exact thing.
That was the regular food we ate.
That wasn't like the one-off thing.
If you ask my mom what a carb is, I don't think she could still tell you.
My mom, straight up, you're like, this is good.
It has carbs.
I'm like, no, mom, see, that's the problem.
You know this has carbs?
And you're like, yeah, pasta.
That's a good, hearty meal.
I'm like, no, no, no, mom, that's like, because she's still like, you know, but I can't
even blame her.
Dude, the food pyramid, the food pyramid, how big of a lie was that?
That was like a middle finger to America.
The bottom of the food pyramid is like, get your grains and your carbs and cereals and
pastas and breads. And then, like, vegetables has this small little half slice on the third layer.
Like, fruits and vegetables just got, like, you know, shoved in last minute right next to dessert.
It's crazy.
Yeah.
Like, if you, how many grams of sugar are in a can of Coke?
Ballpark, you know?
I think it's like 30, 40 grams.
Yeah, it's a great.
So that's the ballpark.
Yeah.
So I think it's like a little bit more than 40.
If you ask my family, like, growing up, how many grams are, like, I have no, a million?
I don't know.
Like, what is a, what is a gram?
Yeah.
Like, I don't know.
And also, like, if I told them 45, they'd be like, I don't, is that 45%? Like, is that good?
Like, we're not at 100%. Sounds good to me. They wouldn't know. So I think that there's something here, but, like, growing up, I had middle school. I used to eat the school lunch in Texas. I grew up in Houston, Texas in middle school. And this is my first time where, like, mom stopped packing my lunch and I started to buy the school lunch, six, seventh grade. And straight up, every single day, I ate a Frito pie, which is, you.
just, by the way, that's not even like a meal.
Like, you can't go to a restaurant and order a frito pie.
Because all it is is it's a bag of fritos emptied into a basket and then chili and cheese put
on it like nachos.
I ate that every day.
It tastes fucking amazing, by the way.
But I ate that every single day as a kid.
And my parents, where was the intervention?
That's what I want to know.
Where was the intervention?
That should not have happened.
I definitely think it's changing now.
I don't think it's changed entirely at all.
But I think it has.
Yeah, Jamie Oliver died for this.
man. He tried to change the schools or whatever.
Yeah, the naked chef.
So, yeah, so when it comes to, like, budgeting, for food, I just, whatever.
Because, like, I'm putting this in my body, okay?
I need it to be, like, the best stuff.
So, but I did just drink, like, a diet, Dr. Pepper.
Yeah, I was going to say, pretty sure I've seen you just, like, just house, like a whole Halloween.
That's a small child's, like, Halloween whole.
I do.
It is a huge weakness of mine.
but whatever.
I'm mostly doing good.
I'll have to do an update.
So I've been, I'll say it now.
I've been taking TRT now for about a year.
And both Sean and I invested in this TRT company called P.
It's switching its name now.
It's switching its name.
And we'll like do an update on it.
But basically, like, I took it not to change my body.
I took it because, like, I was feeling down.
And I got tested and they're like, oh, your T's real low.
It has made me jacked.
like totally jacked
like I feel like still feeling down
but dude
so we're gonna have to do an update on this
and I like I told these guys
I was like you know like I don't know
if I want to post a shirtless pick
but I might be open to it if you want to do like a
like a because they're appealing to like nerds
and I'm like I'm that if you
I look like a kind of a shredded nerd right now
maybe I could be like you're
you want me to post a pick like a before and after I will
but uh
Oh my God, this TRT stuff.
I feel amazing.
That is crazy.
So you were taking this before, but you switched peak.
Is that what you did?
I took it for a little while, and then I got off of it when I got, when I got Lyme, because I couldn't get like a refill or something like that.
And then I got like, and then I'm back on it again now.
And I started using peak.
Pretty cool service.
I'm not telling anyone to take this, by the way.
Don't.
I mean, just like this is like some doctor shit.
Yeah.
But it's pretty awesome.
Yeah.
Don't come to our podcast for either financial or medical advice, to be honest.
But it's sick to say what we do and what works for us.
That doesn't mean it's going to work for anybody else.
No, no promises for anybody.
I'm eating whole foods and I'm shooting up with TRT.
And like, your body's transforming.
My body is completely transformed in the last six months.
I'm just like crazy strong.
I have pretty low body fat, like 15%, which isn't that low, but pretty low.
And I just feel like a professional athlete.
So it's pretty awesome.
That's amazing.
Congratulations.
I think now we know what to do with the live show.
You just need to take off your shirt.
I think that's going to be your contribution.
And then I'll prepare some content.
Well, I sent you to a pick and Tom was like,
you look like a white ape.
You look like a white gorilla.
You look like a gorilla.
You look like, you were like, you look like stunning.
Like when you wear your shirt, like right now,
if somebody's watching on our YouTube channel,
which you should, YouTube.com slash hustle con, I think is it?
Yeah.
If they see you right now, they're going to be like,
like, I'm not going to,
not meaning this as an insult, but you just look like an average person right now.
Yes.
You sent me that picture and you looked like my bodyguard.
Like you looked like somebody I would hire to protect me, which was insane.
Yeah, it was crazy.
So anyway, we'll do an update about that.
My birthday is coming up in June and I thought about maybe I'll post a shirtless pick just to like.
Why don't you wear shirts that make you look more jacked?
Do you wear stuff that like makes you look non-jacked?
Are you trying to do some Clark Kent Superman shit?
I don't know.
It's not intentional.
It's not intentional.
I don't think about it.
So we meandered a bit.
We'll see if this turns out to be any good.
No, dude, that was great.
The vending machine stuff alone was the price of entry.
I think people will, you know, go check out paparazzi.
Vimeo.
That was okay.
And then the ghost kitchens for gifting, I think, is like a cool idea,
but nobody's going to go do that.
But I think the vending machine thing was the star of the show today.
What do you think, Abraeu?
Or should we ask Dan?
because Abraeu, you know, handing off the baton to Dan.
So let's start with Dan and then let's go to Abrae.
Let's go for the apprentice and then the master.
All right.
I liked the paparazzi.
I like the Vimeo.
The vending machines, I don't know.
I looked at that when I was in high school, actually.
Oh, damn, the contrarian.
I love it.
Yeah, and then the ghost kitchens.
I don't know.
You guys use DoorDash and stuff.
Maybe I'm just too old.
I don't use that stuff.
Yeah, I feel like that's one thing that I'm always like, yeah, everybody uses DoorDash six times a week.
I'm like, oh, wait, probably not.
Probably most people don't.
But that way, Pete, man, you don't use DoorDash or you don't use.
I like to cook.
Yeah, but what do you do when you don't want to cook?
I usually go out to eat or I'll pick something up.
I don't think that.
You like to cook all the time?
Yeah, he's like, I like to cook.
It's like, dude, but you eat 20.
What do you do for the other 18 times?
I've been intermittent best.
I also like to cook on the day.
Yeah, I also like to cook on Sunday.
Yeah.
Yeah, I did, I cooked two last month.
I don't think it's even, I don't think it's even an older person.
Like, it's just expensive.
You're just paying so much for the delivery.
Yeah, but like, what do you do when it's like?
What do you when you're hungry?
When I have an eight finger eggs.
I guess.
So, for you cook every meal?
Yeah, just about.
But I also eat like chicken nuggets for lunch.
So yeah, yeah, okay.
So give me, give me yesterday's menu.
What did you eat?
Breakfast, lunch, and dinner.
Yesterday.
Yesterday, I'll start with dinner.
It was mashed potato, kibasa, frozen veggies,
toasted Hawaiian bread, whatever it's called.
Lunch is always the same thing.
It's carrots and chicken nuggets every single thing.
So I feed my dog, too.
And then morning is just like coffee.
Okay, what's kilbasa?
It's like a Polish sausage, yeah.
Yeah, Polish sauces with Hawaiian bread and what?
Mashed potatoes, frozen veggies.
Dude, so you're not on the Whole Foods tip.
Dude, that's...
Yeah, you're eating like my mom.
My mom taught me to eat.
You're starting a company up, are you?
It's like, at least go in the Whole Food Scholarship and eat,
and you got to, like, when you're on the Whole Food Scholarship,
you got to fill the plate with the hot food,
and then you take a cart and you walk around while you're eating it.
And then you just bounce.
I'll try that.
You can pay them back when you're done.
Okay.
But like that's crazy to me.
Dan, what do you eat?
I feel like now I feel like an asshole.
Is this what I'm supposed to be doing?
I'm supposed to be eating kilbasa for dinner.
I have a little instant pot spice pack business.
So make an instant pot meal a few times a week.
So I got them.
Dan, coming in pot with the plug.
What is it?
What's the business?
It'sanispices.com.
A-N-I-Spices.com.
So you put spice pot.
into a spice and then what?
You put just like chicken in there?
Yeah.
So the biggest thing I thought was the challenge with the instant pot was measuring out all the
spices if you wanted to make something.
So I had a butter chicken recipe.
It took two minutes to do everything but the spices.
So we sell a pack that's compostable.
It has the recipe,
has all the spices.
You just open it up,
dump it in.
Makes using an instant pot much easier.
That's not a bad idea.
Okay.
How's the business doing?
I kind of won on hold when COVID hit.
So I'm spinning it back up.
Why would it go on hold for COVID?
Like you had to go on hold?
I ended up losing all my clients.
I was doing consulting for events, and that kind of disappeared overnight.
I see, I see.
Okay, gotcha.
And so you pause the business.
Okay, but are we talking?
Are we in the tens of dollars, hundreds of dollars, thousands of dollars, tens of thousands?
We're in like the hundreds of dollars a month.
Okay.
All right.
So everybody go to ony spices, order something.
Let's get them into the thousands of dollars.
I'll get one.
What's your best one?
Is butter chicken recipe?
Butter chicken.
I have a little Indian three pack.
We have a Rogan Josh, an Indian curry.
lentils and a butter chicken.
If I take off my shirt, I also have a little Indian
contract.
Yeah. That's my nickname for Sean.
What's it?
I mean, that was easy.
You just, thank you for the assistance.
Dan, what's the URL?
It's A-N-I-Spices.com.
A-N-I-Spices.com.
Yep.
All right.
And Dan, so O'Bray-you grades us at the end of every episode.
Bray, what did you give this one?
I thought the vending machine thing was worth it.
That made it an A-minus.
Everything else was a...
So in the A's, thanks to the vending machine.
And then, Dan, are you more Simon Cowell?
Are you harsh or are you Paula Abdul?
You just give everybody A's.
What's your grading style?
Let's do this one as a B-plus.
I feel like there's...
A-Brew literally has never given us a B.
It's only an A-a.
It's a grading skills A-minus or A?
Dude, it only used to be B-plus.
You guys started actually doing some work and you got some A's.
All right, fair enough.
All right, good stuff.
Let's leave all this in.
This is fine.
People can enjoy this.
So, all right, we're out of here.
See you in Austin.
See you in Miami.
I bought my tickets this morning.
I feel like I can rule the world.
I know I could be what I want to.
I put my all in it like no days off.
On the road, let's travel, never looking back.
