My First Million - Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Pomp Worth?", and More

Episode Date: November 18, 2021

Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) talk about the recent Barstool sports drama and how to react to getting canceled, Billy of the Week Bryan Johnson and his extreme body monitoring, the ...future of apparel retail and automated drive-throughs, and more. They also play a special game called "How much do you think Pomp is worth?" and discuss his latest decision to return investor money.  _____ * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Want more insights like MFM? Check out Shaan's newsletter. _____ Show Notes: (01:23) - Dave Portnoy vs The World (24:30) - The future of apparel retail and automated drive-throughs (44:20) - Billy of the Week: Bryan Johnson (01:07:35) - How much is Pomp worth? (01:11:00) - The pitfalls of being mini-famous _____ Links: * Focusing on What Is Most Important

Transcript
Discussion (0)
Starting point is 00:00:00 I've heard a phrase. It's like basically what rich nerds do in the weekend. Everyone will be doing in 10 years. Right. Yeah, and that's exactly what this is. 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.
Starting point is 00:00:18 On the road, let's travel, never looking back. All right, on this episode, we are talking about the barstool sports drama, Dave Portnoy v. the World. We have a Billy of the Week, this guy, Brian Johnson, who to me is kind of like the Elon Musk you've never heard about. We have two business ideas, one around an e-commerce idea and then another one for restaurant drive-thrus. And then we end with a funny story about this dog walker that went to Sam.
Starting point is 00:00:43 And we play a little game called How Much is Pompworth, where we guess how much our friend is worth because he just gave back all his investors their money and he's just going to invest his own money from now on. So that's the episode. Hope you enjoy. Did you see, Sean, that people were tweeting saying they liked what, they liked hearing what Ben had to say. And then he retweeted that. As he should. Dude, I retweet every compliment. Not every compliment, but if I get a bunch of compliments,
Starting point is 00:01:10 like, if I check my phone and there's a bunch of compliments in there, one of those is definitely getting retweeted. I think it's obnoxious when other people do it, but I also notice it. And so I'm like, oh, this is effective, obnoxious, but effective. We have some cool stuff to go over today. But the coolest one is the Dave Portnoy stuff. Yeah, let's talk about this. I've been wanting to talk to you about this. Same. Since it happened and it's still happening.
Starting point is 00:01:37 So that's great. It's like there's just more that's come out. And also, I think you surprised me because I think you're not, I thought you would be so pro Dave Portnoy and I think you're actually not from our text messages. So first, explain what happened and then we'll debate it. Okay. So let's start with if you don't know who Dave Portnoy is. Day Portnoy is the founder of a company called Barstool Sports. They're basically known for like smut, bro comedy.
Starting point is 00:02:06 That's actually pretty genius. And I'm typically a fan of it. It's like if ESPN was drunk, this is what they would, this is the news they would make. Yeah, exactly. That's a great way to describe it. And Dave Portnoy is a, he's, what, and this isn't an insult, but he's kind of like Trump in that he's like ridiculous. and he's got fans that will do anything for him.
Starting point is 00:02:30 And he plays this part that's exaggerated and silly and just overboard and everything he does. So the Business Insider released an article last week on Friday or Thursday. Coincidentally, right when Barstool, which is owned by a publicly traded company, had their earnings call, they released their article at the same time. And it basically was an eight-month investigative journalistic piece where this woman named Julia Black, spoke with loads of people who had sex with Dave Portnoy. And this is basically either him or her or both. The girls DMing Dave, and Dave, there was screenshots that said something like,
Starting point is 00:03:13 do you want to be famous? If yes, I'm a good place to start. So, like, saying like some silly, ridiculous, dushy stuff. And the women saying, like, I would love that. Yes, I'm in. And they have sex. No problem. but in the article, some of the women accused Dave of having basically rough sex.
Starting point is 00:03:32 Nothing like illegal, I believe, was he was being accused of, but basically like saying like he spit in my mouth. I had to wear a leash. He filmed me. Things like that. Not illegal. Then hearing this, Dave gets livid and he goes on a scorch earth war mode where he goes after business insider and he mocks them because they're found.
Starting point is 00:03:55 Henry Blodgett years ago, got in trouble with the SEC. He goes after our friends, Morning Brew, because they are owned by Business Insider, and he is just going crazy on everyone. And the fans of Dave Portnoy are attacking these people like crazy. And it's become a little bit of a frenzy, and it's pretty wild. That's basically the summary, right? Yeah, I'll fill in a couple of tidbits. So Dave is, what do you need to know to have an opinion on this?
Starting point is 00:04:24 So Dave is not married. He's a single guy. I think he's in a relationship now, but like, you know, he's a bachelor, right? So he can do whatever he wants. He's a rich guy. He's in his 40s. He's in his 40s. And so there's always this kind of like, it's not illegal, but is it wrong thing?
Starting point is 00:04:39 When it's like a guy who's 40 something, I don't know. What is he, 44 or something like that? One of the women was 18 or 19. 19, I think. Yeah, 1920, something like that. So, you know, there's always this sort of thing where you're like, okay, it's not, it's not illegal, but is it right? You know, some people have an opinion on. that. All right, but whatever. He's known for being like, um, like a, I don't like a loud mouth,
Starting point is 00:05:04 but he speaks, um, he doesn't like pull any punches. So he's direct. He, uh, I think he's a fairly honest guy. Um, and he's honest to the point of, uh, fault sometimes. So for example, the news, the news story hits. What a nine out of 10 people do, especially CEOs of companies, presidents of companies. He's not the CEO. He's like the chairman or president. He, you know, you're supposed to sort of lay low. Your publicist will release a press release that says, you know, we categorically deny any wrongdoing. You know, the truth will come out. And, and you let it blow over and you hope you didn't get canceled. He did the opposite. So he comes out immediately on Instagram Live or Instagram IGTV. And he just says, look, my lawyers say don't say
Starting point is 00:05:51 anything, but I'm going to say exactly what's going on here. So here's the deal. These guys are been, I've known for months, these guys are putting out a hit piece because they contacted like dozens of people that I've been with and they said they're fishing for something bad about me. And then these people would come tell me, hey, Dave, you know, there's a reporter asking around for, you know, if, you know, if you've done any wrongs to me. And I said, no, because you haven't, but like, just so you know, this is what's going on.
Starting point is 00:06:16 So he knew this was coming. Finally, it drops. He addresses it directly. He said, he basically turns it on them. He said, you try to cancel me. I'm going to cancel you. And so all of a sudden on Twitter, cancel business insider is running because he's like, look, you're trying to profit off of this story.
Starting point is 00:06:34 You, you act like. Oh, which is part of the story, which is this article is paywalled. It's paywall. And they're running ads. They're putting tons of ad money behind this. Come read this story about Dave Portnoy, the bad guy. We are exposing the bad guy. But you just got to pay $9.99 a month.
Starting point is 00:06:51 if you want to read this story. So he's like, dude, you're using my name and likeness. You made up this story where there's nothing wrong. You know, these are consensual relationships with legal adults. You know, he's like, I feel bad. If somebody felt bad after we hooked up and they didn't like me or they didn't like what that they did it, okay, that's one thing. But this was a completely legal, consensual thing.
Starting point is 00:07:14 What are you digging up here? What are you trying to say? And then he goes on the offensive, whereas most of, people are on the defensive. He goes on the offensive. So he's getting people to cancel their business insider membership. He's getting people to unsubscribe to Morning Brew. Unfortunately, a bunch of people started sending death threats to our friend and people
Starting point is 00:07:32 who work there. And that's not cool. And he's like, go buy my pizza. My pizza's out in stores. Let's go go buy a pizza. There was another angle to this, by the way, that really pissed him off. So I think he was a little bit mad at the hit piece. And then I think he went scorched earth once there was a reporter for business insider.
Starting point is 00:07:51 that started reaching out to Barstool's advertisers and saying, hey, are you aware of the story we wrote about how bad Dave is and businesses and a barstool? Like, you know, would you like to comment on being an advertiser on their platform? Basically trying to take money out of their pockets, trying to get the advertisers to cancel their relationship with Barstool,
Starting point is 00:08:11 which is not journalism at that point. That is like warfare as far as I'm concerned. And it is warfare as far as Dave was concerned too. So that's when he went really like nuclear. So, all right. And let's say a few more facts here. And a few more facts. I'm going to try and be as factual as possible.
Starting point is 00:08:30 But, you know, I'm going to paraphrase. At one point, he did a live thing on YouTube. And he made jokes, but I don't know if they were jokes, where he said something like, you know, I think I'm going to hire a private investigator to go and follow every single morning brew employee and find everyone who they've had sex with and see if there's any dirt there. Right.
Starting point is 00:08:54 And what else has he done that? That we didn't say that was like part of the facts. I guess we should say what is the sort of the crime or the wrongdoing? So the business insider article made it sound like. Girl goes to his house knowingly that Dave wants to hook up, hooks up with Dave, feels shaking up about it afterwards because it was kind of kinky and crazy. she sleeps on the couch
Starting point is 00:09:19 she leaves and a few days later she tells her friends that she's feeling depressed and suicidal and her mom I think is the one who went and reported to the police and said Dave is a bad guy you guys need to be on the lookout for him and the police are like wait what did he do you know and it's like and the mom's like he's I went to the fish market
Starting point is 00:09:39 and they said that he's here with a different girl every week and it's like all right being a player in a crime you know there's no crime here man I'm like, I understand you're upset that your daughter, you know, had a bad experience, but that is not a crime, you know? And in a follow up on his feed, he tweeted out a picture that she sent him afterwards that said, like, I want to get with you again. He basically leaked the DMs. And the DMs were basically like, they hooked up.
Starting point is 00:10:07 Okay, she slept on the couch. Then she shared a photo online of her with Dave, kind of like to get the attention from her friends and whatnot on social media to get the likes. you know, her kind of posing next to Dave. And then also, you know, he was like, you know, do you miss me? And she's like, ha, yeah. And, you know, she's basically, they're like planning their next hookup, you know, and, you know, never happened. So he kind of, he sort of, the insider article made it look like he traumatized slash, you know, almost raped these women. But then he released the DMs, which were basically like them joking around after the fact and saying, you know, you know, do you miss me?
Starting point is 00:10:45 know, when are we going to hook up again, blah, blah, blah. And the girls definitely, like, down as far as the DMs go. Now, that's not to say it wasn't like, you know, bad experience or weird experience. But again, that's what the allegations were. So that's what, that's what came out. Now, I wanted to get your take on two things. One is this offensive versus defensive strategy. What do you just think about this in terms of the art of war? So what do we learn from something like this? Because cancel culture is everywhere. I think you and I both don't like it. We don't like. the general quick trigger that exists with cancel culture and how like how that's just becoming
Starting point is 00:11:21 more and more common for a variety of reasons. But then how do you deal with it? What's one to do? So what do you think about this offensive versus defensive strategy? There's two parts to the story. There's like the actual deed and things that he's accused of. And then there's the reaction. So in terms of like, I think from just the article, it's clear he has done nothing illegal. I don't agree with what he did And I personally, I find it to be a sleazy and unethical move That said, my ethics don't exactly To hook up with somebody much younger than you
Starting point is 00:11:53 Or what bothered you? I think that's weird. Yeah, I think I think a 45-year-old fooling around with a 19-year-old I think that's a little weird. But I think that's people's right to be weird, right? The law, there's a clear like cutoff. You could do what you want. Right.
Starting point is 00:12:08 You're not putting me in a leash in bed. But if that's your thing, that's your thing. There's that. Who am I to say? I don't want my daughter to be part of that. I don't want my family to be part of it. I wouldn't do that to people. And I don't really want to be friends with someone who does that. So I don't agree with it. I don't want it my life. But people can do what they want as long as there's adults who are consenting. That's cool. There's a difference between you did something wrong and need to like, you know, not have your job or your company needs to suffer and you need to go to jail. There's like your reputation needs. to be besmirched versus I don't like that behavior. I don't want to do it myself. And I don't really want to hang out with people who do that. Those are two totally different responses. And what you're saying is more like the second one,
Starting point is 00:12:52 which is I don't want to do it. And I don't really think it's cool. I don't want to hang out with people who are doing that. But you know, you're not saying that this guy's a trash bag. Totally. Well, I don't know if I'm, do I think he's trashy? Yes, totally. Totally.
Starting point is 00:13:09 I do. But there's nothing wrong with that. Just because I don't like it. Yeah, there's nothing wrong with that. You know, everyone can live their life so long as they don't. Straight bullet here. I don't know why I had to hit her like that. So I do think that he's trashy, but that's his right.
Starting point is 00:13:23 You could do that. Now, the reaction, I think, is totally inappropriate. And I think it totally makes him look butt hurt. I think it makes him look weak. I think it's a bad move. The reason why it's a bad move is because Dave has fans and he could be like, well, you know, maybe he could say he's only joking. Maybe he could say, you know, I'm not saying that I'm going to do something bad.
Starting point is 00:13:46 Right. But I didn't believe this until I had someone close. So I'm friends with the morning brew guys. And I see how I actually, they didn't explicitly say this, but I think that they're fearful that something bad is going to happen because Dave's fans are going to go after them. I actually believe that might actually happen. And because of that, I think that like when you have that great responsibility
Starting point is 00:14:07 and that power of these crazies, so we'll do whatever you say, you have to act careful. And I don't think that he's being careful. I think he's being harmful. Additionally, a lot of the people who work in that company Morning Brew, it's just like my company. It was like dumb 24 year olds who are like talented but like inexperienced at life. I don't know how to handle a lot of like stuff because they're still learning.
Starting point is 00:14:27 I saw Dave like tweet at some of the young people who work there and I was like, I mean, this guy is just an instant bystandard. He didn't do anything wrong. Why are you making fun of them? I think it was, I agree with you. I think it was a big myth. stake to go pick on the little guy. He had it right at the beginning when he was picking on the big guy.
Starting point is 00:14:46 Oh, Business Insider, you're trying to ruin my reputation. You're trying to hurt my business and my advertising, my revenues and my name. And you're trying to profit off that. It's a good move to go after Business Insider, the brand, the big name, the CEO of that who's like, you know, some 50, 60 year old guy who's rich and successful. You know, okay, that's fair game. but when he was going after morning brute, that's a different company, bro.
Starting point is 00:15:13 Like, that's a, they didn't even, that's not who wrote the article. Just because they own this asset, like, you know, that doesn't make any sense. If they own a rental property somewhere, you're going to go deface it. Like, you know, that doesn't make any sense. So I thought that was a bad look.
Starting point is 00:15:28 And I thought that picking on those founders who didn't say a word against them, picking on the employees of that company, now you're punching down. And so I think that was his tactical mistake in this art of war. I liked what he was doing. I also disliked the go buy my pizza thing.
Starting point is 00:15:43 Hold on. Stop there. Stop there. Swinging below, that's the rule here. Swinging below, you can't do. So like when you're trying to create an enemy, you always got to go up. Right. You always have to go up.
Starting point is 00:15:53 If you go down, you're a bully. If you go up, you're David. Yes, exactly. And so he had the momentum on his side because he had, you know, he was the one being picked on. He said, I've done nothing wrong. and he has fans and he could have mobilized the army. If he had stopped at cancel Insider, go cancel your membership over there
Starting point is 00:16:13 because these guys are just trying to make a quick buck on the salacious story. That would have worked. That would have been, you know, the good version of revenge. And then he went to the bad version of revenge. Okay, so that's the offensive versus defensive. Let's say that something happened to you.
Starting point is 00:16:27 And, you know, would you think you would go on the offensive or would you be a lay low kind of guy? Offensive. offensive for sure yeah i think it's good to go on the offense even though like i guess have you ever had a situation like this come up where you had to kind of go on the offensive thank god no uh i don't think so i don't think so uh okay good i'm glad if you ever need to go on the offensive i got your back because that's the other thing he did it all himself whereas he could have had other people kind of go to bat for him and create a little bit more
Starting point is 00:17:03 not just one man versus the world. I also see you have a business idea here. What is your business idea? Wait, I do. There's one under here. I don't know. Did you write that? Maybe Ben wrote that.
Starting point is 00:17:14 It says business idea. Twitter beef as a service. Is that you? Oh my God. No, that's not me. But let me, wait,
Starting point is 00:17:20 let me tell you one thing. There's some more facts here of the story that is actually quite interesting. So a publicly traded company bought Barstool. Like, they bought part of it like two, three years ago, maybe a year ago.
Starting point is 00:17:32 I forget exactly. I think recently they announced they're going to buy the rest of it. So how much of Barstool is made up, or how much of Penn, the owning company, do you think does Barstool make up? That's a hard question. I don't know. I know the answer. Okay, yeah, go for it. I think it's like 8%. So if you, like, in terms of like revenue and value, what's Penn's, what's Penn's market cap? 9 billion. Okay. So Barstool was bought for 600. million, I think, I think, and their revenue is probably 100. Pens is probably like five or something like that, whatever. It's a, so it's a small percentage. However, Barstool makes up a significant amount of the like brand equity of Penn, right? So like no one has known, I mean, very few people
Starting point is 00:18:25 knew about Penn. It wasn't, they don't, they, they, they, they, they, they, they, they, they, they, they, they, they, they, they, they, they, they, they, they, they, they, they, they, they, they, they, they, they, they, Now, it's a global name because of Barstooling because of Dave. So I would argue that while it only makes up 5% or 10% of the actual metrics for business, it actually accounts for like 60, 70, 80, 90% of the brand equity. So here's the thing. The stock went down, I think 30% the other day when this got announced. In my opinion, I wouldn't want to own this stock necessarily because I think more of these things are going to happen.
Starting point is 00:18:59 However, I think the pen is actually an interesting buy right now because if Barstool only makes up like 8% of their business and business is doing pretty good, the business, the business, would have to go away almost entirely for this to make up like a meaningful impact. And yet the stock went down 30%. This might be a good stock buy right now. I was looking at the math. It might make sense to buy the stock. Stock market, Sam. I love it. Stock pick at the end of this segment. Yeah, I just, I think I think that's probably. be right. I think Barstool is, is, uh, this is going to go away. And, you know, this 20% dip that it's taken is not, uh, that's not, that's not a permanent thing. But I would say, um, a, not financial advice before we get sued. And B, um, I think that this is going to be something you see over and over again. You see it with Dave Chappelle right now. He's going on the offense. Uh, you saw with others, where they just disappeared. They go lay low for a bit, right? Louis C.K. or, you know, the different,
Starting point is 00:19:58 different people who got canceled. and they go disappear for a while, and then they come back two years later, and they sort of beg and apologize and try to get back in the good graces of things. I think that going on the offensive is going to become much more the norm. And you're going to see that.
Starting point is 00:20:14 Now, he is perfectly positioned to do this because he is, like you said, a Trump type of character. He always speaks his mind. He's always kind of off the cuff. He has devoted diehard fans that will believe him, even when he's in the wrong, they'll back him up.
Starting point is 00:20:28 And so, you know, I think that that was working in his favor here. If you're the CEO of Penn, how do you feel right now? And what do you do? I don't know who we should look him up. I could tell you. His name's Jay. He's a young guy. His name is Jay.
Starting point is 00:20:43 I was going to say, if I could just look at the person, I can figure out, no, it's Jane, Jane, Jane, Ciccati or something like that. Yeah, that's what I mean. Jay or Jay. He's like a youngish guy. It looks like he's at his mid-40s, maybe 50s. No, no, no, it's a girl, Jane. The CEO of Penn?
Starting point is 00:20:58 Yeah, CEO of Penn National Gaming. Jane Skiketti or something like that. Well, there was a guy who, oh, yeah, I see what you're talking about. The guy that you see his name, you see Jay Snowden. He was the guy who was like, he's the president and chief officer and director of Penn gaming since 2020. I don't know what's going on. I don't know why they have to.
Starting point is 00:21:18 Okay, whatever. You know, I think they're probably like, you know, bit nervous about this whole thing, but you got to know who you're getting in bed with. When you buy Barstool, you know it's coming. with the hair on the deal. And the hair on the deal is its greatest strength, which is that, you know, the big personas, the no fucks given attitude towards content.
Starting point is 00:21:38 Well, they're using this content also. He turned scandal into more content. But do you tell Dave to cool it or do you just stay out of it entirely? You got to have them find the line, right? That's what I'm saying. We're showing some points where he crossed the line in the wrong way. So there's like, you know, don't turn this into an actual legal problem. and B, you know, make sure you're doing this strategically in the art of PR war here.
Starting point is 00:22:02 You need to be punching up, not punching down. You need to be, don't sick your, you know, don't have an ugly incident happen. Do you teach him? Do you teach him or do you say, Dave, you cannot do this again, strike one? Like, do you, are you disciplining him or are you being friendly? You're getting into car. You're sitting shotgun with him. You say, okay, look, I know how you feel right now.
Starting point is 00:22:21 And normally we would say this, but I know you don't want to do that. You don't want to just kind of hide away. let this thing blow over. Okay, we're on board, but let's set some ground rules, right? We want, here's how we want this to end, right? It's like a negotiation with somebody who's got, he's taking people hostage. It's like, how would you like this to end? You know, do you want to get out of here?
Starting point is 00:22:41 Are you trying to hurt people? What are you trying to do? And, okay, I can help you get there. You want a pizza? Let me order your pizza right now. You need a car. You need a getaway car. How about you let someone out?
Starting point is 00:22:49 And then I could work on that car for you. That's the way I would be talking to Dave if I was, you know, Jane Sacadi. Dude, these businesses, when you buy media companies, HubSpot, did it with us, and we're not anywhere near as extreme. But when you like this whole thing of like every company is a media company, when you start getting to that territory, I think it's good, but a lot of people do it, not realizing that these are some of the consequences.
Starting point is 00:23:14 Right. Yeah, you're in the media all the time. All right. Let's do another, let's do another segment. I got some ideas for you. I want to do some business ideas. So I've been looking at, I've been looking at a bunch of e-commerce companies.
Starting point is 00:23:29 And I'm in e-commerce myself, plus invest in a couple and just friends with a bunch of store owners. And we look at kind of the numbers. And I look at some business that are doing well, some of they're not doing well. And I wanted to share with you an idea that I have that I don't know if it's a really dumb idea or really smart idea. I can't tell you. Okay. You tell me which one do you think it is. Okay.
Starting point is 00:23:46 So in e-commerce is amazing because there's way less friction. You don't have to go into a car, drive to a store, spend the time. You can be on your phone on the toilet, you're shopping. And you push two buttons and, hey, it's going to arrive in two days. That's kind of a magical, amazing thing. What's the one downside? Well, the downside is it's hard to know if the product's any good or bad because you didn't see it. You didn't feel it.
Starting point is 00:24:10 You didn't touch it. And you don't know if you could believe the reviews. But even more than that, in the whole one huge category of e-commerce is fashion and apparel. And that fit is the number one thing. Like, you know, you're wearing a black fitted shirt right now. it fits you very well, but you don't know are you a large, an extra large, a medium in different brands. It's always different.
Starting point is 00:24:31 And isn't that just like kind of a crazy thing that we just don't know what size we should buy? Like that's like the stupidest reason for that accounts for like 40% of returns or something ridiculous like that, right? Like I think it's crazy. Returns account for like, you know, somewhere between, I don't know, three and 10% you know, of revenue for these brands. And then of the reasons for returns, it's not that it was defective.
Starting point is 00:24:54 it just didn't fit right. And so how do we solve this problem? Okay, so I invested in this company Bolt that does one-click checkout. And it's basically like, hey, why do you have to type your freaking card and address in every single time? If you do it once,
Starting point is 00:25:08 we should just let you check out again, saving that. And you know, you don't have to create an account with every single merchant. Does it work for Shopify? So Shopify has their own called ShopPay, and Amazon has their own one-click checkout. This is Bolt, the reason
Starting point is 00:25:24 works is because it's for everybody else. If you are not on Shopify, you're not, you're not named Amazon, then you probably want to offer the same level of like frictionless checkout. But you can't get people to make an account with your little leather boots company. You know, maybe they made it with this jacket company and now they should just be able to check out at the boot company, even though the jacket and the boot company are two to separate things. All right.
Starting point is 00:25:45 So Bolt is kicking ass. And it's a multi-billion dollar company already. And they made checkout more frictionless. Okay. So how do I make deciding to check out more frictionless? So here's my idea. I think you got to have a brick and mortar location. I think you basically put up pop-up stores.
Starting point is 00:26:00 You put up actually like nice kind of showroom style stores in L.A., you know, S.F., New York. You just go there are all the major cities. Go to the top 20 cities and you open up in downtown a fitting booth. And it's called the perfect fit or true fit. And what is true fit? So you go in and this thing is going to measure you head to toe using whatever the best, goddamn technology is in the world for scanning a body and knowing its exact dimensions like a tailor measuring your crotch and all that. It's going to basically measure you automatically like a
Starting point is 00:26:33 when we get like a Dexas scan or something like that. You go lay down in this thing and it's going to measure you for five minutes. And now you have your true fit. And any store you go to, you could just log in with your true fit or just saved in your browser and saved on your phone. And basically it just gives a store your exact. It knows what your exact. sizes and fit is. And maybe even your preferred fit, like, do you like things tighter or looser? Do you like it, you know, baggy around the stomach or tight around the stomach, right? Like, maybe you even have that level of preference. And then every store, it's like an API. So every store would just say, oh, cool, like, just like we all have the metric system. We have this,
Starting point is 00:27:10 like, standardized system that we can say, oh, I can, I know how to describe the length of my thing because I can use the metric system. I can use inches or millimeters or whatever it's going to be depending on which system you use. But we have these central systems. So I think, we need one for fit. And I think if you created this, you could just say, come in, you get scanned for free. And now you're going to have better fitting stuff, better fitting shoes, clothes, jackets, all that stuff on every website you visit. And then you go to the websites and you say, hey, would you like people to return less of your stuff? Would you like them to know exactly what size to get without having to go look at your size chart and then go measure the, you know, how many
Starting point is 00:27:46 inches their chest is? Like, yeah, it's ridiculous. And so now you just ping the system. The system says this person should be a large in your in your clothing uh in your your brand so that's the idea what do you think of this so i think it's amazing let me let me one thing look up zozo suit z o zo suit one word i think i've seen this before this is it's the motion detector thing it's like they send you this black suit right well how does this work it's a rich guy right didn't this billionaire create this yeah so i'm going off memory i think it was four or five or six years ago. And it was a guy in Japan. He was a successful entrepreneur. I think of the clothing space. I think he owned some type of like fast,
Starting point is 00:28:31 casual Japanese clothing company. Right. And he created this suit. And it was either free or like $5. And basically it's a body suit. So if you've ever seen like behind the scenes of a, of like Lord of Rings when they're filming on the green screen, or if you ever seen like a bobs, like a bobsledder or something, like how they have the suits that go over their head. It looks like that, but it's all black and it has polka dots all over it. And you put it on and then you hold it up, your camera up to it, your phone. And it's supposed to like figure out the dimensions of your body. And he was going to mail one of these to like everyone in Japan or something like that. And it failed. I don't know why it failed. I just don't think it worked that great. Yeah. However,
Starting point is 00:29:10 that I, are you looking it up? When was that? Was this like five? Was it like five years ago? Yeah, I don't know where the time frame is of this. But I remember you told me about this multiple years ago because you were like, I thought it was amazing. And so I thought this was such a good idea. And there was people. So I used to go to grail.com. I think it's still going October, 20, 2020. So last year ago, they launched a Zozo suit too.
Starting point is 00:29:35 So, you know, they're still going with this. I think it's great. And I remember going on Reddit. And I would like on Reddit, there was these subredits where you could buy and sell like fancy clothing. And I would buy and sell clothing on there. And there was these guys that would kind of bootleg. where they would download the app and then use the suit to just like get their own measurements. And then they would just like write that down. And then they would like use that as like their way to do sizing.
Starting point is 00:30:00 And I actually think that the suit would, I don't know the technology behind it. I think you could do a better job though than what you're describing. And it's freaking amazing if it works. Right. But I don't know if it worked well. But if it does work, the idea of this is awesome. And people were also using it. athletes were using it for their body measurements, and you could use it to see if your muscles are growing or not growing. Additionally, there's this one scale that never really took off, but they had a Kickstarter, and when I saw it, it was amazing, but it was a little too expensive for me to try before it got built. And basically, it was a scale that looked like a normal bathroom scale.
Starting point is 00:30:37 You stand on it, but then this arm came out, and it does, like, there's this arm that comes down the bottom, and it does a loop around your body and, like, wraps around your body, and it would use a camera to scan your body and they would tell you all about if your measurements are going up or down. I thought that was amazing. I love those things.
Starting point is 00:30:58 And I thought that that, do you remember that scale? Yeah, I know what you're talking about. What's called like naked or something? Something like that. Didn't seem to catch on, but I think there's something here.
Starting point is 00:31:09 Yeah, it's called naked. Nakedlabs.com. And I think that, yeah, I think it's harder to do as a startup. I actually think that this is better, to do if you're Amazon or your Bolt. Like this might be my free idea for Bolt. Hey, hey guys, here's what you should do.
Starting point is 00:31:23 You've raised hundreds of millions of dollars. You should, you know, you might have to pour 40, 50 million dollars into developing this network of stores that has this technology that basically all day is just measuring customers. But it's also, in this case, it would be driving people to put in their information. So now they can just check out with Bolt anywhere. And, you know, you're on file. But you'd not just have their payment info in file, but you'd have their size info on file. So now...
Starting point is 00:31:48 I would buy so much more stuff. Bolt becomes more valuable to every merchant because it not only stores payments but it has their customer fit information. And I also think that this is not the easiest thing. So it's not just about scanning the body because you actually kind of need to see
Starting point is 00:32:03 how the clothes fit on somebody. So you'd almost want, if you're going to do this perfectly, and I don't know if it's a good idea or not, but you'd almost want like 10 shirts that are like the stock shirt fits and it's like, okay, try these five on. Yeah, that looks.
Starting point is 00:32:17 good on you. Do you like how this fits? Yes. Okay. You are you are a size medium, specifically this many centimeters, you know, all your measurements are here. And you prefer the fit of X. So we know how to translate that now to any brand, how any brand can use that against our standardized measurement system. And so, so I feel like this is kind of an impractical idea, but I just wish it worked because it would reduce friction so much in shopping. It would make people way more willing to shop and way less returns. We asked Mark Lorry. Mark Lurie was the guy who started Judd.com sold it to Walmart for some many billions. And we asked them, what's an idea that you would work on right now if you wanted to sell it in $100 million in two or three or four years?
Starting point is 00:32:59 This is what he said. And this was it. He said he goes, the number one problem, the number one costs that our company has at Walmart.com, the third or fourth or second most popular ecom website in the world. The number one thing is returns due to bad sizes. So if you figure out a way just to help us save that just a little bit, we would pay a whole lot of money for that. Right. And you know, you actually could do this where you could, if you weren't techie, you 100% could just open up small shops that were like two or $3,000 a month in rent, have two tailors there and, and then go out to some of the bigger retailer brands and be like, hey, will you put our logo on your site and help us? And there's crappy ways to do this.
Starting point is 00:33:43 You might be able to partner with existing stores. And you just have it, you just have like a booth and you have an agent there who can do it. So you may not even need the space. But all right, this is one, that's one idea. Okay, let me give you another idea. Future of shopping continued. So I don't remember where I heard this, but I heard somebody's talking about this. And I just, it was like a no-brainer moment for me.
Starting point is 00:34:04 Okay. So we all know that like, you know, software keeps getting better. Robots keep getting better. And it's sort of like, oh, what's going to happen to all these trucking jobs if they're self-driving trucks. What's going to happen to all these retail cashier jobs if, you know, like the Amazon Go store where you just walk in, you pick up an item and you walk out and it just knows from what you picked up off the shelf, how much to charge your Amazon account, right? Like it's kind of amazing. And I think those are two of the most popular jobs in America as truck
Starting point is 00:34:33 driver and like retail cashier. And so, okay, what is like even further down this? So here's an easy one that I thought was kind of cool. Restaurant drive-thru. So restaurant drive-thrus, you know, you pull up, you roll down your window, and they say, oh, yeah, welcome McDonald's. What can I get for you today? And you're like, you know, let me get the number three. They're like, you know, what do you want to drink, blah, blah, blah. So why do you know what a number three at McDonald's is?
Starting point is 00:35:01 A number three of McDonald's. I'm going to go with a double cheeseburger. What is it? I think it's a double cheeseburger or quarter pounder. Number one's a big Mac. It's probably quarter pounder. Number two is the two cheeseburgers. That was my order.
Starting point is 00:35:13 I think number three is quarter pounder. I'm more of a chicken sandwich kind of guy. So that's what I get. That's like a seven, I think. Yeah. There's like the shitty fried one. That's like the eight. And then there's like the kind of like less fried one.
Starting point is 00:35:26 Artisanal one. Yeah, the artisan one with like a tomato on top. Now you're healthy. So so the idea here is like, why is that person have to be in the store? Like they don't. They don't. Right? Like we have Zoom.
Starting point is 00:35:39 We're doing this podcast in two different cities, you know, 100 miles apart. why can't why doesn't that person just at home on zoom just taking orders from me in every location so there's no downtime okay we talked about this before there's these things that look like segways but with like an iPad screen on it and there's like a woman who you can like talk to
Starting point is 00:36:00 and she's like rolling around the store those have never taken off they've never taken off they've never taken off I know why by the way we had one in our office so we have like one of the initial product it's called the double it's called double robotics is the name of the company and at first it's like, oh, wow, this is cool.
Starting point is 00:36:14 Like, you could be working remotely, but you're like, you're the remote manager and you're just wheeling up behind people's desks and you're like, hey, hey, how's it going? And then they turn in your faces on the iPad. And like, for real simple reasons,
Starting point is 00:36:26 it doesn't work, which is like, it can't go upstairs. So if you have like any stair in any part of your office, they just can't get there. I can't, like, open doors. You know, so if you have like a meeting room,
Starting point is 00:36:37 it can't get in. Like the iPad would die. And it's like, ah, fuck, iPad's dead right now. Okay, we're going to have to go charge Just, just call me.
Starting point is 00:36:45 And like, that happens three times. And then you just start skipping the robotics thing because you're like, just call me, dude. Like, we always end up on the call anyways for one of these five reasons. And so just skip that whole step. So it never really took off. But it was too complicated. It was too fancy. The drive-through thing, you don't even see the person anyways.
Starting point is 00:37:02 They're literally just a speaker in the wall. No, they're just a speaker in the wall. When you give them money, you do. Yeah, yeah, because that's a separate person, right? That's like a, that's their other job, you know? That's like they do this other thing, you know. And while they're trying to give you their change. are talking to the next person in line.
Starting point is 00:37:15 This should just be, like, imagine the downtime. So, like, you know, one of the reasons that, like, Uber is expensive is because there's a whole bunch of time that a human is driving around without a passenger, right, because they're driving from one trip to the next. Same thing happens to drive-thrus. There's, like, there's, like, time in between cars, in between orders. But if I was remote, I could be working at five locations at once. And anytime somebody has a person there, I just hop, I just connect to that screen,
Starting point is 00:37:41 I talk to them, and I connect to the next screen. There's no downtime. there's this crazy stat where I think it's like one in 16 Americans have worked out of McDonald's. Have you ever heard that? No, but I believe it. It's something like one in 16. You know, McDonald's is one of the largest employers in the world. And it's basically like they call it like internally or even externally like when you're applying for a job there.
Starting point is 00:38:04 They call it like the world's greatest first job. And so like the whole schick is like we're really good for just we know you don't want to be here forever. Yeah. And they embrace it. And I think that's smart. And when I think about my aunt, I have an aunt who's been a cashier at a grocery store for 40 years. That's just what's her job. She still is. And when I think about the stuff about the self-checkouts and not having someone there at drive-th through and how like I'm almost positive. It's one in 16 Americans. It's something shockingly high. I have worked at McDonald's. Do you think that you have an obligation as an employer. to continue doing some of these minimum wage jobs just so you exist to like further society along. Otherwise, if that isn't the case, then you're going to have to do some type of universal income or something like that. Yeah, it's going to be creative destruction. And it's going to be rocky before it gets good.
Starting point is 00:39:01 And I think you have to let the progress happen. So, you know, here's how this is going to go. Today in California, they're paying, you know, like if you go look at any McDonald's or Chipotle or whatever, it's like, now how. hiring, please, please fucking come work here. $24 an hour. And it's like, wow, $24 an hour for this, like, this is not a minimum wage job. That's like three times the minimum wage. So, and they're still having trouble getting people to come work there.
Starting point is 00:39:26 People don't want this job. What's the minimum wage is $8? Right. The minimum wage in California is like $15. California is higher now, but it's still double. It's like double the minimum wage. And so, and that's for McDonald's. So what does that mean?
Starting point is 00:39:39 You know, that's just going to cause prices to go up or it's going to cause some stores to close because they're just not economical when you have crazy labor costs. And so what's going to happen is that's going to go to first, they're going to do the remote thing that I talked about, which is instead of paying somebody $24 in California, they're going to find somebody in Nebraska who can zoom in and say, can I take your order? As long as they could say, can I take your order and push a button, then and they're willing to do it for $12 from at home, that's going to happen. And then that's going to get replaced because they're going to be like, I'm tired of paying
Starting point is 00:40:10 this schmuck $12. What? Oh, Amazon just released its Alexa product for all brands. And I can just, I can just have, it be like an Alexa where it just asks a question and then just auto, like figures out what I want.
Starting point is 00:40:25 Cool. Like, just like at airports, you know, people check in at kiosks now instead of at the front desk. Like the companies are going to go this way. They're going to go towards automation because it just makes too much financial sense.
Starting point is 00:40:34 I don't think you should get in the way of progress. But are you, are you bored with remote work? No. Dude, I'm so fucking bored. I'm so bored. I like, I miss hanging out with people.
Starting point is 00:40:46 I miss hanging out. Like, I miss it so much. I feel like I have way less friends right now. I miss it so much. I am so bored. And like, I find myself going to Target like three days a week
Starting point is 00:40:57 just to walk around and like see stuff. I go to Whole Foods like all the time. Like I purposely won't go like once every two weeks or once every 10 days for a big trip. I'll do lots of small errands. I go to the corner store all the time. I find myself just like going. I'm like,
Starting point is 00:41:09 let's go shop. I just need to get out. And I need to be around people. And if the people went away from that, I would also be pretty bummed. I would be pretty bummed out. Well, I think it would just shift, right? Like, okay, so now with all this free time, what do you go do? You go do something else.
Starting point is 00:41:25 And so you'd go do something else that gives you that people hit. You'll unbundle the socializing part from the like cashier part. You know, like, okay, the cashier can become a robot. So I'm going to get my people hit from something else. And I actually think there's going to be a whole new job. that is just basically like software supervisor. Like I just think that's going to be a job. Like software is going to replace what a lot of people do,
Starting point is 00:41:48 but then it's going to get stuck and it's not going to know how to solve some problem or it's not going to understand somebody's accent at the drive-through. And then you as the supervisor are going to have to step in and say, hey, human here. Yeah, I can help you out. Sorry about that. Sorry, the stupid software doesn't work well. And, uh, I don't want this to exist. I hate, I hate that.
Starting point is 00:42:05 I hate it. I hate it. But I agree it's inevitable. Inevitable for sure. And I, um, so I think there's a whole set of jobs. jobs called software supervisor or like robot repair or like robot manager you're just going to manage robots it's like what is my job i used to have to walk around and pick up these things now this machine and this warehouse goes and picks up everything i just have to watch the machine to make
Starting point is 00:42:25 sure it doesn't hit something else and if it gets stuck or it needs you know some grease i go grease it because i'm a i'm a robot manager that's what i do and that's going to become the normal job yeah i agree with you i think it's going to happen um can i show you something cool really quick yeah what else you got All right, Ben, hit it. A billion dollars isn't cool. You know, it's cool? A billion dollars.
Starting point is 00:42:59 All right. We got an interesting segment. You like that? This is Billy of the week. I'm going to talk to you, Sean, about this guy named Brian Johnson. I showed you this guy. Let me give you a little bit of background about who this is. And I'm not actually going to talk about his business.
Starting point is 00:43:15 So Brian Johnson started a company called Brain Tree. If you are an entrepreneur or you work in like e-com or anything that takes, payment. Brain Trees, you probably know what it is. It's a payment gateway. It's basically striped but different. He bootstrapped the company for a long time, raised a little bit of money once it was already quite successful and then sold it for a huge amount of money. And this was like five years ago, I believe. They also bought Venmo. Brain Tree bought. Yeah, sold it to PayPal. And if I had to guess, at this point, he's probably worth at least a billion. That's how much money he made. I think He sold it for like six or seven or 800.
Starting point is 00:43:52 Yeah. It was 300. He sold it for 300. A few hundred million. Yeah. Something like 300. More like 300, I think. Oh, got it.
Starting point is 00:43:58 Okay. So he's in the range, maybe. He's very wealthy. So this guy's incredibly interesting because he just launched something called Blueprint. So if you go to blueprint. Dot Brian Johnson. His name is Brian B-R-Y-A-N, Brian Johnson. He's doing something pretty amazing.
Starting point is 00:44:16 Basically, he's spending all of his time right now trying to lower his biological age. So his chronological age, his real age, I think is 45. His biological age is 35. And he's measuring all 70 plus of his organs. He's measuring all type. Nobody knows what this is. What the heck is a chronological age is the number of years you're alive? Right?
Starting point is 00:44:42 That's what that is? Yeah. And then what biological age is what? Yeah, so frankly, I'm not entirely aware of how they measure it, but I know that I have one using, I use this site that Huberman, who was on our podcast, promoted. It's called Inside Tracker, and it tracks your blood and different parts of your body, and it tells you what your biological age is. And I think they do that by looking at the averages. So, but frankly, I'm not sure. But they basically, like, you can be 50 years old, but have the body of a 40-year-old. And this biological age thing, it's like a. standard way of measuring, but I don't know what all goes into it. And by the way, you're right, 800 million is what he sold it for. Okay, so I'm on. So you're right about that. So let's go to this guy's thing, which is, by the way, this guy's doing something else too. He's basically creating like a neural link, which is like the
Starting point is 00:45:35 same thing Elon must try to do. It's like a brain. It looks like a helmet and you could like think something and it happens. Exactly. So you could think like it can just read your brain waves and it can cause something they can type out a text message off of a thought. That'd be the dream or the idea. And this new thing is this blog where basically, he's basically measuring everything in his body. And he said, LeBron James said he spent $1.5 million a year to improve his body. I'm spending more than that. I've developed all the tests. I've got as much money as you could possibly have. My whole goal here is to lower my biological age. And I test all my organs. And when I test them, I put all the results here so anyone could do it. And he lists his diet, his workout, everything. And he listed
Starting point is 00:46:21 his diet. Let me just read what he had for breakfast. Breakfast was super veggie. He basically had broccoli, cauliflower, spinach, mushrooms, garlic, and salts and vinegar. That was his breakfast. Lunch, lunch, leafy greens, veggies, berries, seeds, and nuts. Dinner was nutty pudding. I don't know what that is almond milk, macadamian nuts, chia seeds, blueberry, raspberries, pomegranate juice. That's it. And then he lists all of his supplements. And there's like 20 of them. Children's hemoglobin, like horse serum.
Starting point is 00:46:59 Like this guy's. Yeah, he's like eating like crazy stuff. And he's jacked. So he's 165 pounds. He's probably only 5, 10, 6 foot. So he's not like huge. But he's, I think, 6% body fat. He has his body fat all there.
Starting point is 00:47:12 and he has like all of, I don't know how you, you know, I don't, you can click through this and you can see all of the attributes to each organ and things like that. So I don't understand a lot of it. But it's incredibly fascinating. And I think it's fascinating because, A, I just think this is interesting. But B, I think, I've been saying this for a little while, I think what this guy is doing is going to be very common, not in five years, but like maybe
Starting point is 00:47:37 in 15 or 20 or 30 years. And the reason why, I've always thought that this is weird. and this is like the biggest problem, one of the biggest problems we have as humans. It's basically how often have you heard the story of like, person just found out that they have cancer and it's like stage five, stage four, whatever, had they known it could have been cured.
Starting point is 00:47:57 And it's freaking crazy how reactive we are to health and not proactive. And so I actually think that what he's doing, which is proactive, it's going to be the future. I don't think it's going to be this extreme because like I've always said this, like, even though like, you know,
Starting point is 00:48:11 drugs are bad like you still got to get fucked up sometimes so you can't be eating fucking macadamia nuts and chicake mushrooms every goddamn meal like you know what i mean you got to have some cake and like some tequila once in a while so like i'm down to get fugged up once in a while but i do think that like this is pretty cool this is amazing uh i can't believe i haven't seen this before so it's new it's like two months old this is one of the most amazing things i've ever seen i'm just clicking through it right now and like i don't even want to do this podcast i want to go read all of this and I want to see what's amazing, right? So there's, I totally agree with you that the future looks more like this than it does
Starting point is 00:48:49 like today. So like it is crazy that we don't know what's going on inside our own body. In fact, there's a question that you can ask yourself, which gets you to think a little bit differently and see the world a little differently, which is in 50 years, like today, let's say we look back 100 years ago. So 100 years ago was the year 1920. And how many things? things in our day, how many things that they did back then would just seem so primitive, right?
Starting point is 00:49:16 So it's like, okay. Wait, did you say 50 years ago was 1920? 100 years ago. So 100 years ago, right? So let's say 100 years ago, I don't know what, what's, I don't know the exact timeline of things, but like, you know, 1920, like, alcohol. It just happened. Yeah, so smoking was far more common. You could advertise cigarettes to people.
Starting point is 00:49:37 You could smoke anywhere you want. So that was quite common. Like there's a whole bunch of things. So all the things we do, like, if I look at my day today, it's like, well, nope, there was no internet. There's definitely no cell phone. There was definitely no, I don't even think there was, like, I don't even know, like, could women vote? Like, I don't know when all these things happened, but like the world. It was just happening right around then.
Starting point is 00:49:57 World looked very different. Let's put it that way. So, world looked very different. And, and, you know, but it looked, it felt completely normal at the time. And so, and so if you think about, if you go forward, you say, okay, cool. so then, you know, you fast forward to today, then you go forward 100 years. So, you know, when I look back and I see slavery,
Starting point is 00:50:17 I say, wow, that's crazy. I can't believe that was okay. Or, you know, when the Holocaust was happening, I can't believe people just stood by while that happened. And it's like, what are the Holocaust of today? And it's like, I think, so personally, for example, I believe that people will look back and be like, you just killed animals all the time.
Starting point is 00:50:36 You just murdered them for food? Like, you murdered them for, lunch for that number seven at McDonald's? I don't think we're gonna, we're gonna, we're not gonna necessarily gonna do it about that, but I think what they will say is, so you would just like raise these chickens like a million of them under this barn and they would be shitting on each other and like you just like, or these cows, they're like born into this pen and straight from the pen, they go straight to the butcher where they're killed as a feel like you treated them that way.
Starting point is 00:51:01 So the mom never like I think that we're gonna be like, I can't believe you treat animals this way. People are starting to feel that now, right? That's like where, you know, like a lot of the kind of vegan plant based stuff. comes from as you see what's going on at a farm you're like this is horrible um the horrible from like a moral ethical level you know like i like i like i for example my wife's vegan and um i was like yeah okay you know like i get it like killing animals to eat them is probably not good right it is killing a live thing and like i love my dog and if i spend time with like a horse i kind of like love that horse too like cows like you know like they're not that far they're not that different right like um yeah
Starting point is 00:51:37 I guess I could see how if I had to, if I had to like think about it emotionally, that would be, feel really wrong. Okay, but what about, you know, just like having milk and eggs? It can't be that bad, right? Like, what's what's wrong with milk? And what's wrong with cheese? What's wrong with cheese? And then they showed that like, you know, like, you know, earmuffs, if you, if you're sensitive,
Starting point is 00:51:53 you can't handle the stuff. But basically the way that, the way that, the videos I was watching that were like how, how they get milk is like, milk basically, a cow gives birth to a baby. They then separate the baby from the mom. They put it like nearby enough where the, the mom can hear the baby crying for milk, but it can't reach it. So the milk gets produced like at this like much higher rate or whatever. And first of all, to even get them pregnant, they like artificially inseminate them. They like basically like rape them with their arm
Starting point is 00:52:19 with a plastic bag over it. And they just keep them pregnant year round. So they're just constantly pregnant in order to constantly be producing milk. And then they're constantly taking the babies away to cry and then they go kill the baby for food. And then they let the mom just keep milking. So it's like, yeah, it's a pretty best up thing. You know, like, once you know, it's pretty hard to... I'm down. I'm down to kill them to eat them. I just...
Starting point is 00:52:41 I would like to treat them a little nicer before we kill them. What I'm saying is that's going to be like... That's going to be seen like... I like my house slave. Like, I treat them well. Like, I feed them. No way.
Starting point is 00:52:54 I think that's how it's going to be seen 100 years ago. I think the way we treat animals today. Dude, we've been eating animals since the beginning of time. I don't think that's going to change. It's going to change. You're on drugs. I think we're going to treat them nicer.
Starting point is 00:53:06 You are on drugs. It's going to change because we're going to have a good substitute, which is lab-grown meat. So people are going to be able to make the same steak you want without killing the animal. And then in that case, killing the animal is going to look absolutely barbaric. It's going to be only a hobby sport.
Starting point is 00:53:20 It is not going to be the way you feed the population. God, I think you are so wrong about this. Okay, fair enough. But there is a thought experiment that I believe that in a hundred years, that's going to be seen. I think we are going to treat them better. I totally think that.
Starting point is 00:53:33 That's why I, I'm trying to buy it. Yes. before we murder them. Yeah, dude, I'm higher up in the food chain. I'm going to eat you. I think, I've been trying to buy a cow here. You know, you could buy like a whole cow.
Starting point is 00:53:44 Like, you can drive to the farm here in Austin and like see like the farm and then you pay like $10 or $8 a pound. Yeah, and you can like buy the cow. And I've been trying to do that because I think that's a good way to do it. But it's, I haven't. So, okay. Anyways, my point is there's, you can think of a whole bunch of things. One of what else is going to seem barbaric? I think the health thing that you're talking about right now, which is that you can't, you don't know what's
Starting point is 00:54:05 going on in your body at any given time. It's fucking crazy. They're going to be like, so you just, you were just winging it? Like, yeah, you know, we'd go to the doctor like once a year and we'd just say, hey, is everything all right inside? Once that's time you've been to the doctor, bro. Dude, don't go to the doctor. Dude, then don't go to the doctor.
Starting point is 00:54:20 I've made the doctor in like five years. I've made an appointment and I missed it because I was late. You know, I'm late to everything. I'm late to this podcast. I was late to the doctor and he couldn't take me. Yeah, like I haven't seen a dentist in like 20 years. For, for sure. A dentist?
Starting point is 00:54:32 You can miss me with that. So there's basically like, You know. There's no point. But I'm down to have like some chip in my body or some blood sensor that's like I want to at all times know what's going on in my body. I just don't want to go to the doctor. So that's going to be seen as crazy that we, it's like people who, you know, it's like if you go drive around without a map or something. It's like, whoa, were you renegade?
Starting point is 00:54:54 We're going to be seen as the ultimate renegades for having just like lived life. I agree. Not knowing when there's cancers and blood diseases that are just floating around in our body and like hope we caught it in time. You know, oh, we didn't. that's too bad, you know, it's crazy to me. Have you heard of the Mayo Executive Health Clinic? Yes, I've been thinking about doing it. I'm going to do it.
Starting point is 00:55:14 I'll do it with you. Explain it. It's like five grand, right? Let's use our, let's use our NFT money and do it. Oh, perfect. Yeah. Yeah, let's do that. It's five or $6,000.
Starting point is 00:55:24 And it's posted by the Mayo Clinic and they have locations in probably, where's Mayo, Indiana, I think, Notre Dame. Is that Notre Dame? And I think they have another one in Arizona. Yeah, there's Arizona. Yeah, California. I don't think there's one to help, but I think Arizona is the closest one. Is it Arizona?
Starting point is 00:55:39 But describe what it is because I didn't know about this until everybody told me and I was like, oh, shit, yeah, we should do that. Yeah, I've been thinking about doing it, but I wasn't sure if it'd be beneficial to me at my age. I thought maybe it would be more beneficial a little bit older. But basically you spend five to eight grand and you go to this Mayo Clinic, a hospital, ultimately, in Arizona and you stay there for two nights, three days. And they just do a ton of test on you. So you get MRI done.
Starting point is 00:56:03 You get all your blood work done. you get, I don't even know. I mean, they have a list. If you type in Mayo Executive Health Checkup or something, they have it. And basically, in order to get, so when we sold the company, I had to get this thing called, and even before we sold it, I had to get it because we were big enough to where, like, if Sam, if me, if I got sued, it could be bad for the company. And so we would get this thing called Board of Directors Insurance.
Starting point is 00:56:27 Have you heard of that? Yep, yep, yep. And so it's cheap. It's like $1,000 or $5. I forget how much it costs. and if you're a little bit older or you're unhealthy, it's what I think sometimes you have to get one of these things done in order to qualify for that health insurance
Starting point is 00:56:41 or to get a discount on it. And basically you go to this place and they do a ton of different shit on you just to see how healthy you are and you're supposed to go once a year. Right. And so you do, does it say what the scans are? So there's a bunch of preventative. It says high level what they are.
Starting point is 00:56:57 Yeah, like cardiovascular. Okay, whatever. This is not going to tell us anything. But they test for like, I don't know, metals in your body or like other shit that like you don't get at the normal doctor and it sounds like you know over the top like I wouldn't really think about it but the person who recommended it they were like hey like you know we're now like all like 30 plus and like you know shit happens like hopefully not in your 30s sometimes in your 40s getting to your 50s 60 70s it becomes like a probably type of thing and they're like you know we're been fortunate to to make some money
Starting point is 00:57:31 like the best use we can do of our money is health. And so like let's just do this thing. Let's just do it every year. We'll make a fun trip out of it. And let's go get this screen done. And like let's just stay in free of. Yeah. He's trying to get he's been trying to get Ramon to do it. I'll do it. I'm going to do it. Yeah. So we should we should book this thing. So let's go back to this Brian Johnson thing. Okay. So he is basically monitoring his body at an extreme level. And it looks like he's basically measuring the health and age of his organs. his individual organs and then he's looking at if I take this you know 30 micrograms of melatonin before bed how does that affect X it's like you know the quantified self nerd stuff but on steroids on you know on like this is like the most extreme example I've seen of it it's the most extreme example I don't think it's a good way to live because like it it's it's uh you have you you probably don't have that much joy no this isn't for the normal person this is for the the human population needs like 0.1% of the population to be this weird and do these tests and push the boundaries and like live in the future like there's that phrase um i forgot what it is i have
Starting point is 00:58:42 a simplified version of it the simplified the complicated version is like the future is already here it's just not evenly distributed um but i just say the future is already here it's just not everywhere which is like the simple way of saying that right like it's like this guy's living in the future we're just not all living in the future right now. Like the thing he's doing, we will all know this level of detail about our bodies. I've heard a phrase. It's like basically what rich nerds do on the weekend.
Starting point is 00:59:07 Everyone will be doing in 10 years. Right. Yeah. And that's exactly what this is. This is amazing. Have you seen a picture of him? Look at his, like look at him without a shirt.
Starting point is 00:59:16 By the way, this is like, yeah, he's insane. So he's six feet tall. He's 40 something years old and he is 3.5% body fat. He's insanely ripped. But he's also not like.
Starting point is 00:59:24 And he said that. He said that wasn't optimal. He goes, that was too low, so I went back up to like 6.8. Yeah. Yeah. It's pretty sick. Click that video. I found 6.8 to be too low, so I went to 26.
Starting point is 00:59:37 Yeah, right. Look, there's a picture of him. There's a video of him dunking or like jumping up there. Like, he looks great, man. This guy looks super good. He is to me like, you know, like Elon Musk gets a ton of worship because it's like, wow, you're the genius billionaire inventor and you like say dick jokes. Like, you're my hero.
Starting point is 00:59:57 And it's not that this guy's like better than Elon or Elon's worse than this guy. Nothing really like that. But man, I love finding these guys that are like, they're not like, they're no different. Like this guy is just as smart. Has been super successful. He is absolutely ripped, which like, you know, someone like Elon has not been prioritized in that. You can tell. So it's like, this guy lives a different lifestyle.
Starting point is 01:00:20 But it's like this guy will have one, one millionth the fame of Elon Musk right now. You know what I mean? Like if I go look this Elon Musk. Dude, I think he's got 2,000 followers on Twitter. I'm going to DM him. Yeah, like, we should have him on because I think this guy's fascinating. And like, we've actually talked about it before, by the way. We did him as Billy of the week before this because he told the story about Dorda Dors sales.
Starting point is 01:00:42 And I went on this long rant about Dordor Sales and how I thought that was like an amazing hack for hiring anybody who's done well with Dorda Sales. So, I'm a 63 million followers. Brian Johnson. I think he's like two, three, four, five thousand. Yeah. like let's see he's okay he's at 27,000 so he's not nothing but in 27,000 or 67 million is like I think he got a bunch because he went on the Lex Freeman podcast and that like really boost him but yeah he's basically like one one thousand more than
Starting point is 01:01:16 1,000 times less famous but I think these types of people are like way more accessible way more interesting to learn from and just more fun to be a fan of than just being a fan of the Yankees type of thing. Yeah, all right, let's get him on. This guy's fascinating. He's very interesting. And Ben, by the way, he's a Mormon, right? So, Ben, you're basically related to him.
Starting point is 01:01:41 Ask your cousin if he'll come on then. Yeah, don't you know him? All I can say is, I'll see what I can do. Yeah, like, you definitely have a cousin. Isn't there like a group chat? Basketball camp with him or something? All 15 million of us, one group chat. Yeah.
Starting point is 01:02:00 Like your social network or something, you surely have, you have something just for this. We do have a social network, actually. No one uses it, but we do have one. What is it called? I don't even know. Just tabernacle or something. It's an app that was made by the church. It's called Nature.
Starting point is 01:02:19 Yeah. That can be next episode. I'll tell you all about the church app. Just call them. Sounds like a business opportunity. If the Mormon social network exists, but nobody's really using it, I feel like all you gotta do is,
Starting point is 01:02:35 you know, air drop some tokens and all of a sudden people will be using this thing. Like, by the way, did you got either of guys, you guys don't own... By the way, just ask Mitt Romney for an intro. He knows them. Shit.
Starting point is 01:02:50 Yeah. There's definitely a group chat for like the successful, super successful warments. Yeah, definitely. They all took the blood of. Sam, do you know what an air drop is? No, I see everyone talking about it and I'm too afraid to ask.
Starting point is 01:03:06 Okay, so basically an air drop is this amazing thing in crypto where you just wake up and then there's thousands of dollars in your wallet that you didn't have the day before. And so that's what happened yesterday is anybody who owned what's called a dot ens, the Ethereum name service, which is basically like a, you know, you can have dot com, dot org, dot i know there's a dot ens now and so like when i did my crypto week i was like oh i want to have my like my name space in the on the blockchain like the in the ethereum world so i created a dot ens like a how much money did you get so i got like four grand yesterday just for having and i only
Starting point is 01:03:42 have one i have friends that have like hundreds of these names they they made like 50,000 hundred thousand dollars yesterday what really you know you bought this thing like you know i paid a hundred dollar in gas fee or $200 of gas fees to get my name. And, you know, that thing paid off with like a $4,000 air drop. So basically the organization that's behind this, they created their own token yesterday that will be used to like vote on how this thing works. So like in the domain world, there's like I can. You know what I mean?
Starting point is 01:04:11 Like it's this committee called I can. And I can gets to decide when there's a new domain. Which is bullshit. Like dot photo or dot business or dot business or dot bin. Ican is such bullshit. So that's the governing. body, right? And so with the crypto world, it's decentralized. The way it works is everybody who owns a name gets to vote. So if you're a user, you get to vote. And so how do you vote? You vote with
Starting point is 01:04:33 your tokens. And so they dropped, they air dropped a bunch of tokens to everybody. And so everybody made a bunch of money. Nobody's going to care about the vote. It's like reading the privacy policy of a website. You're just like, yeah, yeah, yeah, agree, agree. Sure, I'll vote with the majority. No problem. Just give me my, give me my free money, please. But this happens all the time in the in the crypto world is if you own an asset, the group that made that can air drop more tokens to you, and those have some market value associated with them. Like that happened with board apes.
Starting point is 01:05:01 If you had a board ape, they air dropped you this potion that you could give your ape and turn it into a mutant. And that potion and the mutants, basically it just like doubled the value of whatever you own. So you owned a thing that was worth, I think the cheapest one right now is like $150,000. At the time, they were like $50,000.
Starting point is 01:05:17 And people were basically getting a free $10,000 to $20,000 item airdropped to them by the organization. It was kind of insane. Now that Bitcoin's 67 grand, what, how much your net worth is in crypto? I don't even calculate it anymore. Like, I don't know. I don't keep track of it. Probably.
Starting point is 01:05:37 Yeah, probably. Because it's, you know, I basically started it. My goal was to put in 25%. I think put, I put 20 in. And then it started going up so much. I just stopped at 20. And, you know, I should have just gone all in. I should have gone all in like I believed.
Starting point is 01:05:49 And I should have gone to 80%. What about, what do you think? What do you think Pomp has? How much crypto do you think he has? He says he was 90% crypto, but I don't think he had a ton of money at the time. And the question I have is like he then started making easily a few million dollars a year over the last, let's say, three years. I wouldn't say easily a few.
Starting point is 01:06:11 I would say two to three million a year if I had to guess. Right, right. So that's a few million dollars a year for the last couple years. So that's like, let's say after taxes and all that good stuff. let's say he got another four or five million bucks out of, you know, all of his content, sponsorships and all that good stuff, courses, that sort of thing. The question is,
Starting point is 01:06:32 did he convert all that into Bitcoin as he was going? Or did he hedge? If he converted it all, you know, that means he's got, if I was going to place a guess, I would say that, when he was earning that,
Starting point is 01:06:47 Bitcoin's gone up about 5x since then. So if you had $4 million, it's gone 5x. That's about a $20 million. stake at that part, not including whatever you had before that. So I would guess the guy's net worth is probably, I'd set the line at $30 million, the liquid net worth, not including ownership of startup investments that he made that are speculative and illiquid at the moment.
Starting point is 01:07:13 Yeah, I mean, that'd be a home run. I could be off. What do you think? Would you guess that? I'd probably say lower if I had a guess. I've got no information. If I had to guess, I would say 15. 15.
Starting point is 01:07:22 And I think when he started the like Before he was pumped the brand name You know like a lot of it depends on what was your base right So like well he said in his article He wrote this amazing article about how he's quitting Yeah that was fun And it was a great article You shared it as like
Starting point is 01:07:41 Just great writing and I agree with you I think you shared it Yeah And it was really good And so basically Pomp's came on our pot a couple times We should have them on again And he is this personal who has a substack, has a podcast, has a fund where he raised, I think, $100 million.
Starting point is 01:07:59 And he basically was with 100? I don't know if it was 100, but yeah, go ahead. Something. Well, tens of millions, let's say. He wrote a letter to his investors saying, I'm shutting this down because I want more free time and I want to spend more time doing what I want. So here's your money back. He goes, I don't want to be a billionaire.
Starting point is 01:08:15 I want to be a time billionaire. And I love that. I completely agree with that move. That's totally the right move. He basically said without saying that I was unhappy because I was addicted to screens and I don't want to be like on this dopamine game anymore, which is so common. We've been hearing that constantly. Been hearing that a lot. Not surprising.
Starting point is 01:08:34 The pendulum is swinging, right? We all got addicted to this substance. And now, you know, some of us are coming off of it publicly. I read it a little bit differently. Here's how I read it. I read it like this, which is it doesn't really make sense for me to invest y'all's money now because I kind of got enough money on my own. that I'm just going to invest my own money and not have to deal with any of you guys. And I don't need to play this game of fees and carry, which will just make me want to, like,
Starting point is 01:09:00 I have to raise this bigger and bigger fund, deal with more of you guys, have to, like, deploy more and more capital, which takes more time. Like, if I just invest my own money at this point, I'm going to do much better. I'll make more money because I'll own 100% of my upside. And secondly, I don't have to keep, I don't have to deal with any people. I don't have to deal with anybody. I don't have to go fundraise. I don't have to write updates.
Starting point is 01:09:22 I don't have to do any of this stuff. So I kind of read it, which was just like, that made, when I was famous but not rich, it was great to raise a fund. And that was the only way I could invest a bunch of money. But now I'm rich and famous. And so I don't need your money anymore because it comes with problems, right? Like it comes to work at effort. Has your, has your mini fame exhausted you?
Starting point is 01:09:45 No, not at all. But I don't even really, I don't even feel that famous at, at all. So I don't like you don't get hit up all the time to do shit. Yeah, but I just say no. I just say no all the time. So like I, me too, but I find it to be tiring. Like I keeps me up it. Like for example, this young guy, I live next to a university. This kid knocked on my door last week. And he goes, hey, I was wondering, do you have a dog? Like, I want to make some extra money. I would walk your dog for you. And I said, fucking egg. Good hustle. I appreciate that. I'm not just going to give my dog to you though. Write up a letter. Tell me all about yourself. And. And. And. I would walk your dog for you. And. And. I'm not just going to give my dog to you though, write up a letter. Tell me all about yourself. And. And. And. And. And. And. And and put it in here and I'll determine if I think you're a good fit. And he did it. And I've been losing sleep each because I'm like, I don't need someone to walk my dog. But like I want to give this guy a little bit of money.
Starting point is 01:10:29 How should I say? I've been keeping up at night. Like it's been keeping me up at night for like five or seven days on how I'm going to like reply to this guy. And I get messages and email and I'm like, and sometimes I get it from people I love and they want me to do stuff. And I'm like, I don't want to do this. How do I say no?
Starting point is 01:10:45 You should just say, look, uh, you know, I would just be, you should just say completely exactly what you're saying, which is, I think your hustle was awesome, which made me want to say yes. But I also realized, I don't, I actually like walking my dog. I don't need somebody to walk my dog. So let's do this. I'm going to pay you for a week of walking my dog. You don't have to walk my dog. Because I want you to be rewarded for what you're doing because I think it's really great. And I remember when I was you. So, you know, here's this money. I need to sleep easy at night. And I also want to walk my own dog. And hey, if you ever want to like do something else, you know, know, like maybe if I ever have like a job for somebody who's who I need a hustler to do something, I got your number. And just send of that. You'll make his day and then you'll be able to like chill out and not have to think about. Yeah, that's what I was going to do.
Starting point is 01:11:31 I was going to just, I was just going to Venmo him like 50 bucks and be like, I want to reward you. But make it a magic moment for him. So like this is a game I've been playing and I think you should do this as much as you can. I'm really just giving myself this advice, which is let's say there's a situation like this. and like you could give them, you could just say no, you could be nice and give him 50 bucks. But what would make it feel amazing is like,
Starting point is 01:11:56 probably just like a little bit more than 50 bucks and some message like the thing I just said, which will make him feel like, oh shit, this guy's awesome. And like he saw me for being awesome. Like I got validated for this hustle that I was doing. Like there's Tony Robbins tells the story of like he was in this restaurant.
Starting point is 01:12:15 And the waiter was great. He was like, had a big, big group. It was like a big family dinner and everybody needed a different thing. And the waiter was so kind. And he was just hustling and he was making everybody laugh. And he did this magic trick for my daughter. And like he was this young kid, 21 years old or something like that.
Starting point is 01:12:29 And he tells the story. He's like, at the end of the dinner, I already knew like, hey, this waiter was great and I'm going to leave him a nice tip. But he said, who'd you say did this? Tony Robbins. And his kid is like, somebody suggests something or he realized he's like, you know what? I'm not just going to leave him a tip. what would make this a magic moment for this kid? All right.
Starting point is 01:12:50 How can I do this? He goes, all right, guys, when this guy comes out with our, with our to go boxes or whatever, like the final thing, we are going to,
Starting point is 01:12:57 this guy's been amazing, right? We all agree this waiter's been amazing. We were going to give him a standing ovation in this restaurant right now. And he's like, gets the whole table to stand up. They just start cheering for this guy as he's coming forward. He's like,
Starting point is 01:13:09 what? Is everything okay? He's like, and then he just says, he goes, I need to talk to your manager. He's like, what?
Starting point is 01:13:14 It brings the manager over. He just says, look, uh, been coming to this restaurant for a long time. This is the best experience I've had. This waiter was amazing. And he really just made the night for our family.
Starting point is 01:13:25 And I just want to thank you for that. Thank you for hiring this kid. And he just kind of like made the kid feel like a star. And I think the story goes on, which is like, I think his daughter ended up marrying this guy or something like that. Like it ended up being some crazy story. But just he kind of left that nugget. He goes, just think about what's the little extra 10, 20 percent you could do? Like, it didn't take that much more effort to just like stand up and clap for the guy.
Starting point is 01:13:47 Like it's a little bit embarrassing. I guess, but a little bit unorthodox, but it is, it didn't like require more money or more time. It was just a little creativity of how to make this guy feel like a little extra. And so I've been doing that from time to time where I'll just see a situation. I'll go, okay. Dude, you cheer? You stood up and cheered? Or you're like, not in a restaurant.
Starting point is 01:14:08 I haven't done, I didn't want to do the exact same thing. But I used this, this idea of making a magic moment for the person. And it's like, you know, I could just do this. that would be like the normal good thing. But what would make this like really pop off? And what would make this something that they will remember tonight? They'll go tell somebody that this happened for them. And then I do that thing.
Starting point is 01:14:28 And I never regret it. It's always like, you know, my intention is good. Like, you know, even if the, even if the execution is slightly awkward, I'd rather be the guy that does that than is in his shell, you know? I think I agree. All right, fine. Lucky, lucky kid. I'll have to send him this podcast.
Starting point is 01:14:47 All right, we should wrap it up. And yeah, we're good. All right, that's the episode. 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 on. On a road, let's travel, never looking back.

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