Right About Now - Legendary Business Advice - Weekly Business News for Aug 30 | Censorship Conspiracy Proven True: Zuckerberg felt pressured by the White House

Starting point is 00:00:00 This is Right About Now with Ryan Alford, a Radcast Network production. We are the number one business show on the planet with over one million downloads a month. Taking the BS out of business for over six years and over 400 episodes. You ready to start snapping next and cash and checks? Well, it starts right about now. What's up guys? Welcome to Right About Now. It's our weekly business news of the week here on August 30th. 2024. We have the lovely.

Starting point is 00:00:33 Brianna Hall here in studio. What's up, Brianna? Hey. Of course. Oh, Christopher Hanson down in Miami. What's up, Chris? What's up, y'all? How you doing? Hey, it's Friday. That's what we say. Me and the boys, it's always the first one. Like, it's like an internal game, the first one to say, to say Friday. Like, it means, because it's like, I've told the boys like, hey, we need to be in a good mood. It's Friday, you know. You should be in a good mood.

Starting point is 00:01:00 mood so the first person to say fraye kind of gets dibs like you know cred for the weekend so it's fray yeah there we go there you have who got it today who won it today absolutely me i win it about eight out ten times i like good morning boys it's frayette and they go oh man like dang dang and occasionally i'll walk in the room and clayton her hudson would go Friday. Like they got me. But they keep me on my toes. So we'll see how it goes for next week.

Starting point is 00:01:40 Hey, I'm just excited. My distractions are back from all of the political bullshit and everything else going on. College football officially starts this weekend. You know, I'm not counting that Georgia Tech Florida State game last week, which went down about like I expected. It's Florida State got beat. But I might. be eating humble pie though quickly. You know, Clemson, where I went to school and I've been a lifelong fan, gets to play Georgia,

Starting point is 00:02:09 who's been the number one team for like the last three or four years and not even been close. So I will either be really excited next week or I'll still be excited because I don't really expect. I'm a reasonable fan that, you know, we're a 13-point underdog. And Clemson hasn't been like a double-digit underdog. in a long time. Like, so I'm like, okay, I got to take the orange-colored glasses off and go, reality says that we could win, but we probably won't. But nonetheless, I'm just excited to have some football.

Starting point is 00:02:44 And, you know, maybe it's an escapism, and I can admit it. You know, we're all human beings. But football's about the only sport that I can watch, I can watch Miami of Ohio in Connecticut. it on Tuesday night and I'd rather watch that than probably about any other thing. And so I'm happy. Football season's back. My soul escapism is as content goes, I think. So Clemson fans are crazy. Yeah. I don't know if I'm, I don't, I know those people. And I, I don't know if I know them, but I don't know if I'm one of them. Yeah. But who knows?

Starting point is 00:03:28 I got told, so my son is having a birthday party this weekend, and I got told by people that I was inviting, they're like, oh, well, you should probably plan around the Clemson game. Like, people are not going to come to his birthday party. That's, because he'll be watching the game. That's funny. Welcome to South Carolina, Brianna. South Kakalach. The SEC, baby. You take college football series down in the south.

Starting point is 00:03:55 So college football is here. NFL starts. following week. And so... Go Niners. You will hear us talk about it a little bit. Hey, it's big business. I mean, we talk about business on the show. I mean, it's a billion-dollar business.

Starting point is 00:04:10 The players get paid now. I mean, college football is the Wild Wild West. Clipson's getting beat out for some recruits from like Nowheresville teams that are outbidding them, essentially. It is kind of crazy. Like, what do you think about the business of being able to pay college football players when that wasn't the case in the past. Oh, I personally believe you should be able to make money on your name, image, and likeness.

Starting point is 00:04:38 Two things can be true at the same time. I can believe that, and I can also believe that it's changing the game in not the most positive way. So two things can be true at the same time. They need some regulation because even coaches are coming out saying, like, tell your agents to stop calling me. season starting, you know, because the NFL is at least somewhat organized around it. They have like these times for negotiations and all that. You can always have a player or two holding out if the contract, but it's not the whole team

Starting point is 00:05:10 or it's not, yeah, but the college coaches have to hire specialists now. GMs pretty much, general managers that are managing all this. Yeah, it's nuts. And it's fine. It's just an evolution, but I think they got to get their hands around it. They kind of unleashed this without really thinking through all the employees. locations. And, you know, I have a lot of connections at Clemson. I had a lot of the football players on my boat weekend before last. Like half the starting line, offensive line, start two of the

Starting point is 00:05:42 like all-American defensive ends, like big players. And they even talk about how it's the games, it's just different. You know, like, and then not a negative way, but just navigating it all and manage you it because they're looking they're wanting to look out for their own best interest they all have agents but they recognize that it's not as organized as it should be either so it's uh fascinating yep change is the only constant we have yes so set your uh TVs accordingly all you football fans out there we know we know some football fans out there you went to central florida right Chris yeah baby go Go nights. I think you'll just change conferences.

Starting point is 00:06:30 I don't know. Maybe I'm... It was not a big football school. Yeah. No? No. So, but all... We had a better basketball team, honestly. They've been okay in football here recently.

Starting point is 00:06:41 Yeah, they're doing all right. They're not all right. We just need to be in a better conference. Yeah. I think that you just change conferences, but I can't keep up. There's so many changes. Like, frigging Stanford,

Starting point is 00:06:52 so, you know, Clemson is in the ACC. Stanford on the West Coast is now in the... ACC. Like, and California. Cal and Stanford. The Atlantic Coast Conference. Go figure that one out. They got desperate.

Starting point is 00:07:09 Clemson and Florida State are probably leaving the ACC anyway. And that's a, there's lawsuits going on and everything else. So we will see. But shout out to my boys. Hey, Clemson, go get it done. I think we're going to have a good year, but it may not. just start exactly right. So just because if you're not number one,

Starting point is 00:07:30 doesn't mean you're not going to have a bad, not going to have a good year. It just means your only one team can be number one. So we'll see how that goes. But in other news, you know, right out of the gate here, it's really getting hard. We talked about this pre-episode to separate conspiracy theory from reality and not get caught up in it.

Starting point is 00:07:54 You know, it's like the, Stories come out and you don't want to believe some of the sensationalism. I mean, like, you also don't want to be naive. And so, like, there's this fine line of cynicism with naivity, with, you know, chasing conspiracy theories. We can all admit that. And if you're not, then you're drinking too much of whatever party Kool-Aid you're drinking on. But this week, Mark Zuckerberg, came out and released a two-page letter essentially confirming what a lot of conspiracy theorists at the time,

Starting point is 00:08:34 that's what they were labeled, not really conspiracy theory when they were claiming what they were claiming when it turns out to be true. And essentially Zuckerberg said that he had been pressured to censor both COVID-19 related content as well as the whole Biden's son's last. laptop story. Free speech or not? Like, it raises a ton of questions. And a lot of people deny that it was happening, just like they deny the laptop and all this. And I give Mark Zuckerberg credit.

Starting point is 00:09:14 I don't love everything about him personally or everything he's ever said and done, but putting that to the side to come out and release this and be honest about it and say, you know, we won't do it again. well, maybe. I don't know if I believe, you know, maybe. I just, it just sort of, it's real easy in the news cycle.

Starting point is 00:09:40 And this is what I hate about it, that this stuff gets sort of, it's a headline one day. And then three days later, we act like, eh, it happened, gone. Do we really pause to reflect what he's saying happened and what the hell that means? It's huge, massive. I remember being livid during COVID when all the censorship on Twitter, Facebook, everywhere, right? And you have the little fact checker stuff where it's like, in me being in the medical business, kind of with a different perspective than most of the population.

Starting point is 00:10:19 Questioning a lot. I remember this being and stuff that I knew to be true being censored, right? Stuff from my own experiences, from scientific stuff we're doing. But I think for, you're right, people don't understand. Put yourself back in 2020, 2021 when this information could have been extremely valuable to millions and millions of people. And now we have, you know, and even people are like, oh, Zuckerberg's a conspiracy terrorist. How he was in charge of meta in the entire company during this time.

Starting point is 00:10:49 So if he's admitting that this. happened, clearly it happened. And now we're living with the repercussions of that censorship. Biden, the whole election was going on when this laptop thing came. Because remember, it came out like two months. And so for it to get, if you remember, it was right at the election time. It was like October. It was like this time four years ago. And if you censored that and which all of it pretty much came to be true. It was exactly what was on the laptop, it was was on the laptop. You, it very might have swayed the election. The fact that it wasn't allowed to have the impact that it probably should have had because it's just fact. I mean, I'm not saying, look, I have four boys.

Starting point is 00:11:36 I'm raising them as good as I can, but at a certain point they become men. Do I want their every move to be a reflection of me? Not necessarily, but they are my kids in its reality. And it has an impact, especially when you're in the power position that Joe Biden's been in in politics as a VP and previously, it matters. And so for Mark to come out and say pressured and then it didn't, then you're pretty much acknowledging that it could have swayed the whole fucking election. I mean. And what kind of pressure are they putting on, right? It's like if you're going to decide to lie to hundreds of millions of people, what do they have on you?

Starting point is 00:12:18 How does the government have so much control over meta, where they can pressure him, right? Unless Zuckerberg in the last few years has had some turnabout of his beliefs and what he thinks is morally right. I don't know, right? Yeah, exactly right. And I saw, you know, there's a clip where Elon Musk was talking about, you know, X in censorship, and he was talking with Don Lemon.

Starting point is 00:12:40 And, you know, he was getting the best of him. Don Lemon's like, you know, I was. He's like, so essentially, must said, you must, you really like, you really like censorship. You really love it. Don't you want to, you want to have, you want to make sweet love with since he was like, kind of fucking with him. And he goes, no, I don't know censorship. I just think you have a responsibility.

Starting point is 00:13:02 That's how it gets, you have a responsibility for what, you know, whether, because you smile, it was about hate, hate speech. And must said, look, I'm, if it breaks a law, a clear law in whatever country. it's in, we will remove it. But if you don't like it, that doesn't make it, whether you like it or not, and whether you think it's responsible or not, that's censorship, no matter what it is. And this is, I mean, this isn't even hate speech. We can all agree. We don't agree with that for the most part, most human beings, the three of us included, but talking about news that's just factual about a candidate's son and censoring it when it all turned out to be true.

Starting point is 00:13:49 And having 40 intelligence officials sign off saying the laptop was fake news. Yeah. What about those upstanding 40 intelligence officials of the U.S. government? Like if it's that easy to get our top people to lie to cover Hunter's ass, really, like what else they're lying about? And all that COVID stuff that, again, Again, 80 or 90% of that ended up being true as well that the COVID, the shot was at best partially effective. Right.

Starting point is 00:14:26 And that herd immunity was always probably going to be the only and best way for this to get, you know, and no one's denying. It's a shitty disease. I've had it. Well, they've just sucks. It's killed a lot of people. Even if you spoke on natural immunity, it was censored. Where it's like natural immunity is what we've known for all of history of how viruses work and replicate. Like science is science.

Starting point is 00:14:52 And I just don't know how these continual releases of this stuff. And again, it's only one side that paints the other so extreme, right? It's the left that paints the right extreme. You know, Trump's extreme. There's people extreme. Mag is extreme. But yet all this stuff comes. comes out that sort of it validates most of what is being said.

Starting point is 00:15:15 So it's like how you can't at least acknowledge that this makes it real fucking difficult to believe everything that you're told from the news. Wake up. It's insane because even think about COVID. Like when COVID first came out, Trump was calling it the China virus. And he was saying like this came from China. This came from a Chinese lab. It came from Wuhan.

Starting point is 00:15:35 And everybody was like, oh, Trump's a racist. Trump this, Trump that. And then it came out as true. And then they're like, oh, don't worry about that. Well, you're right. They shoved it down in the news cycle. When it did come out that it was true and they investigated, there's still people that don't even know that.

Starting point is 00:15:52 Yeah. I mean, you have people still lining up for booster shots. Do you ever have Kamala come out and say the news is censoring me? No. Never. Not once. Not once. You know why?

Starting point is 00:16:05 Because it doesn't get censored on that side. Nothing. They can say, Russian collusion. everything. They can say whatever they want. Nothing gets like that same level of scrutiny. They own her. Yeah. And so, again, put all of my own personal politics out of this.

Starting point is 00:16:25 You just look at the facts of this stuff happening and you don't see it on the other side. You don't see Kamala Harrison screams about being censored about this. You know, Kamala is upset, but like, or Biden. It never goes the other way. right that I'm aware I'd like to know if it does it doesn't believe me man it used to fire me up in 2020 it never goes the other way never and if it did we can at least go it kind of works out both directions you know like when you think about like look and people talking about this that look it all that all shakes like when everything's really even I believe that the forces of yin and yang

Starting point is 00:17:09 tend to like balance things out like the earth but like but in this stuff it's so stacked one direction it doesn't even make sense either like that's what's so confusing and like where it's hard to find like a good middle ground because it doesn't make sense like why it's happening you know and they always say oh it's our responsibility to only you know put factual information out there but then they'll put something crazy about like You know, I don't even want to, you know, I don't want to offend anybody, but, you know, a different side of you or abortion rights or access to women's health care or LGBTQ. And it doesn't matter whether that's factual or not, they'll just put it out there and it's not censored in any way. No.

Starting point is 00:18:00 Yeah, it's rage baiting. It's all emotional terrorism. Just keep people as divided as possible. Keep the infighting. because realistically, we're all more like than we think. Oh, yeah. Everyone wants financial freedom to be able to put food on the table. But you're right.

Starting point is 00:18:19 People need to realize this is literally us versus them. This is the government and these people censoring and controlling for whatever reason it is and lying facts from you, truth from you, and it's not in your best interest. And that's as simple as this is. You have one group that controlled all the media, all the pharmaceutical companies, all of the food companies versus us, right? And I think you'd be fair to say, most podcasts, independent journalism,

Starting point is 00:18:44 are probably more right-leaning, right? And then you've got the media now where it's kind of us little guys versus the media. The problem is, is even we could get censored at any time. Oh, yeah. I feel like coming around the corner. Hey, I've already been censored on Instagram for posting about the Second Amendment. Yeah.

Starting point is 00:19:06 And even the rep at META, she even said to me, she goes, I don't disagree with you, but this is out of my control. Because I said there's nothing in your guys' policies about the U.S. Constitution and the Bill of Rights or our amendments. Why is this being censored? I'm not selling items, right, talking about firearms and our freedoms. But it just shows you, like, these tech companies have a lot of power. Even if I had to remove the post, like I had to delete it. And I held my ground for a long time. And I'm like, oh, fuck, what are you going to do?

Starting point is 00:19:35 you know, the algorithm's fighting against you now. Yeah. It's a very weird position to be. When every major mass media TV station is liberal. Today. Today magazine cover said why processed foods aren't as bad as you think. Oh, God. Really?

Starting point is 00:19:58 Talk about gas lighting. Yeah. So how can you determine what like back to Don Lemon's statement? because I think this is such the characteristic and, you know, some messages I had back and forth with a friend this weekend. Their side is the responsible side because it's what they believe and what they think to be true. So that's the responsible blanket that we all need to wrap ourselves in of what's responsible and what's not. Well, was it responsible that Biden's son had a laptop with all this stuff on it?

Starting point is 00:20:32 Was that responsible? were we being irresponsible, like to claim that when it was 100% true? Or was it irresponsible to claim that Trump was colluding with Russia when it wasn't? When you have video of Biden colluding with Ukraine, literally. And you have emails of Hunter colluding with Ukraine and many other foreign countries, China, where there was obviously a lot of money getting moved to the Biden family. And it doesn't take a genius to figure that out. This is all public court records now.

Starting point is 00:21:08 But the media doesn't cover it. And, okay, we're a business show. So, like, what does this have to do with business? Well, you know, when news is censored and when Facebook, a social channel where a lot of business gets transacted, a lot of ads are run by clients. And they don't think something you're doing is responsible. Air quotes, if you're watching on YouTube, which you should be, you'd see them. it will have an impact on your business and them choosing, picking and choosing and censoring at will.

Starting point is 00:21:42 And so just know that and be aware of it and proceed accordingly. Social media is rented land. It means you don't own it. So you need to have them on your newsletter that you control and your own website. And that's your business advice today. because this is all rented land that can be pulled out from under you at any time. So just be aware. Not much less that it can be censored or changed or altered at the whim of the government or anyone else.

Starting point is 00:22:20 So just be aware. All right. Record number of home deals collapse in July amid high prices and election uncertainty. There were 60,000 Americans. canceled home deals in July due to high prices and election uncertainties. There was a slight increase of 0.6 month to month, but down 2% year-over-year for existing home sales. Pending sales fell to the lowest level since April of 2020. Average 30-year mortgage rates decreased to 6.5% but buyers are hesitant waiting for

Starting point is 00:23:00 further drops. Median sale prices rose 4%. percent year every year to $439,000, the median average sales price. Some buyers are delaying purchases due to uncertainty about the upcoming U.S. presidential election. Home supply increased by 14 percent in July, offering more options to negotiating power for buyers. I put this up over the weekend. I think I've talked about on this show before, but I'll mention again since it's related to this article, I literally.

Starting point is 00:23:33 put it up. I sold a house in Riverville, South Carolina. Love it. Yeah, that Greenville come see us. We love you. We promote wonderful place to live. Sold it for $495,000 in January of 2014, $495,500 grand. That house sold last week for 1.3 with no upgrades, no additions, nothing new. $264% increase in 10 years. Hello. And I wrote, and I wrote, And I wrote progress or problem, question bark. Look, hey, I mean, I wish I just kept it. I would just kept it. I like to sold it for 1.3 today. I have a nice little gain.

Starting point is 00:24:16 But I'm putting that to the side. And even being, look, let's just say this. I talk about these things. Ryan Alford's economics are fine. But I know that this isn't good for us as a community as a whole. You know? And that's why I raised the point. Like I've got rental property.

Starting point is 00:24:36 I've got stuff like, you know, not immune, but it doesn't change the fact that I scratch my head and just go is, is that a good thing? That house, it's exactly the same. The landscaping, no additions, nothing. It's just the exact same house from 10 years ago. And look, real estate's a great investment. I'm happy that investors can make some money. But 300% in 10 years in Greenville, South Carolina. Sorry, something smells wrong.

Starting point is 00:25:07 It's not a good thing, especially in business and especially like all of us know, like having employees and wanting your employees to be able to be happy and fruitful and be able to buy a home and stay for longevity because they're comfortable and they have a home to live in. That's a big problem. Like we need to be able to have, you know, people that work for us who make, you know, decent money be able to buy a home. Because right now to buy a home anywhere in the United States, if you have like to save up a down payment and it's not handed to you and you don't have equity in a current home, you have to be pushing $200,000 a year as a combined household to afford to buy a home anywhere. Yeah. It's crazy. I talked to a buddy. I got a lot of friends in the mortgage business. It's all cash refinancing. No one's buying. People are pulling cash out. And I know even down here in Miami, you know, I was doing some research. search this weekend. There's so many new developments going up that are in foreclosure.

Starting point is 00:26:08 I'm talking huge, you know, high rises, apartments, condos, even the single family homes, you've got people, okay, put it this way for your, you're more financially like 400,000 market's still okay because people are still coming to Florida. Yeah. But some of these higher price, the million and up, they're not moving. And some of these houses, I'm not kidding, horrible part of town, bars on the windows, a million dollars. Like, it's completely out of control. And that's where they're saying there's a collapse is coming. There's too much money in the market.

Starting point is 00:26:42 You have too much new housing going up and who's going to fill the demand. I think it's more going to be the condo and apartment markets than the single family that's going to get hit the most. Kamala came out and said today she's going to put up $3 million. I think she's going to do like $3 million new housing units. if she gets elected. Build three million new houses. Yeah. Cool. Kamala.

Starting point is 00:27:07 Sounds like something that a district attorney would be really good at. Constructing houses. Why? I don't think we have a shortage of housing. Yeah. Harris campaign releases ad with plans to build three million homes. We have a shortage of affordable housing. Affordable housing.

Starting point is 00:27:24 What you just said, how many of our friends can even afford to go buy a house now? You know? Yeah. I don't know, half of them, like even in my circle probably. Yeah. So most of them are locked already in. But luckily they bought houses, you know, seven, eight years ago, 10 years ago.

Starting point is 00:27:44 Right. And but if they had to go buy today, they couldn't afford it. If they didn't already have equity in one or something. So like it's, yeah, like if, like, let's say the same. I think that house I sold has been sold three or four times now. but say one person bought it for $4.95 and now we're sitting in it. They go, oh, look at all this equity you got. But if they wanted to live in the same zip code or two in Greenville,

Starting point is 00:28:10 they're not getting more house. They're going to go get lesser the same house because everything else costs more. Well, and interest rates are so high, so we'll be paying more. And so I was trying to think, I was thinking about this and again, taking myself out of it, like, because I'm an entrepreneur. I own multiple companies and I'm not sort of like, in a salary position. But that house has gone up 262%.

Starting point is 00:28:35 Has everyone that lives on that streets, has their income gone up 262%. No. And our dollar value has gone down, right? Yeah. So that has to give somewhere at some point, right? Okay, well, you can say, well, new people moving in, old people moving out, that's just it's progress.

Starting point is 00:28:54 That's just the way it works. And there's some truth to that. I believe in capitalism. I'm not hating on anybody that's making the money on it. I'm just sitting here, though, again, we take the BS out of business, just try to like talk about what these things mean. I just paused to go, it just doesn't seem like that's a good thing. If it was 30 years, fine.

Starting point is 00:29:15 But 300% too is, or 10 is a lot. Well, one thing that I think we should really bring up, sorry, Chris, I didn't mean to cut you off, but is China buying up land and buying up, housing and housing units. I was talking to somebody in the construction industry recently in Greenville, who said that they sold a huge residential plot to a Chinese company. So why are Chinese companies coming to Greenville, South Carolina,

Starting point is 00:29:44 and buying up residential plots of land? Well, and also you could say BlackRock, right? Like the World Economic Farm, Klaus Schwab, they've been saying, you'll own nothing, you'll be happy. This is the bigger thing they're trying to do is you make owning anything a house, car so unaffordable that everyone's a renter. And then you're easily controlled. You make buying a house so unaffordable.

Starting point is 00:30:06 And that's what happened during, you know, the real estate boom, 2020, 2020, 2021. Member Zillow was going in and buying whole neighborhoods to boost the valuations of the houses. So you had private equity going in buying whole neighborhoods, inflicting the cost. And then now you have these neighborhoods with no tenants and maybe three people that actually live there who are, I guess, benefiting off the appreciation, but I think you have all those empty inventory. And to the Chinese point, I don't know, it's concerning when you hear about the Chinese buying huge plots of land near our military bases. Like that's insane to me.

Starting point is 00:30:39 I know that was happening in Texas. Why? Why are we selling the Chinese government land right next to our military bases? That seems utterly ridiculously stupid. Yeah, I agree. I don't know. But. And they need, you know what it is?

Starting point is 00:30:55 They need food. China's running out of food. They need our farmland to grow food for their own country, too. Yeah. Well, what about our people, our food? America first, baby. You know? I just want to feed us that processed.

Starting point is 00:31:09 Yeah. I want to get some pushing it today. So that mac of cheese. I saw this. It's a good debate. So you're yet to weigh in on this. I think you're the only, uh, are you a Jin Zier? Sawyer?

Starting point is 00:31:25 Braden the cutoff. Gen Z and Gen Z workers are twice as likely to call in sick than boomers. Interesting. Gen Z workers average 14.3 sick days per year. Baby boomers 8.9. Gen Z is perceived to feel more entitled to sick leave compared to older generations who may be less likely to take off.

Starting point is 00:31:55 it's i don't know maybe some of that's because of covid too people got all weird about being sick i think it has a lot to do with covid because i'll tell you this being in the workforce prior to covid i would go to work sick all the time like because i didn't have enough sick time or because i just didn't i had deadlines or whatever like i would show up and be like yeah i'm sick i don't feel good and people wouldn't bat an eye they'd be like okay whatever you're still at your desk, they're not worried about it. After COVID, it's like, God forbid, you even come within 20 feet of somebody with a sniffle. Yeah.

Starting point is 00:32:34 It's like, yo, are you sniffling? Get away from me. Yeah. I think I'm more of like the, that's where we have just paid time off. Like, it doesn't matter how you take it. And then more of the type of, if you give people flexibility, they won't feel like they need to take fake sick days. Like, hey, if you're not. don't feel bad because we work hybrid anyway and we're flexible if you don't have to be somewhere

Starting point is 00:32:58 then i choose i choose to believe that people will work even if they feel a little under the weather if they've got flexibility when and how they do it so i think that might be and then but i don't know like you know this is speaking to i think more people that have to be in offices or at places you know physically no matter what this is the averages and like some of the stuff i think there's like a totally different, you know, thing between the type of work that we do and being able to work anywhere from your computer and have that flexibility and like, you know, having to be in a business working, whether, you know, you're the lunch lady at a school or your teacher or whatever it is, you know, there's going to be where you have to take more time off work than

Starting point is 00:33:46 somebody who has the flexibility of working remote. I was, totally. And I do think there's this in my generation and ones before it, I think there was sort of, it may have been imbalanced. I'm not saying it was the exact way it should have been. This isn't me like the way that we came up is better. The way it is now is not. It's more, but here's the thing. There was a pride of hard work at the company and devotion to the company.

Starting point is 00:34:20 And that was part of your identity. Is, and I think, hey, to say 25, not 20, 10 years ago, 15 years ago, 17 years ago, to say I work at Google and, you know, pulled it all Weekender was the source of pride. Working at a cool company, you had a lot of pride in that company, and you worked your ass off and it was cool. And I take pride in my identity in that work. Yeah. It's not that way today. I don't think. I feel the same.

Starting point is 00:34:55 And it's not just the work-life balance. I get that we've evolved as human beings and we put more. I do too. I have more work. I believe in it. But even putting the work-life balance over here, the pride and sort of the identity being in your work is definitely less than when I came up. Yeah.

Starting point is 00:35:19 I think it's a culture shift. Because I think even when I was in college, the hustle culture, right, Gary Vee, that whole movement. And even, and I think some of it's company culture. The company I went to work for had a great culture. I was like, I was bought in, right? This is my first medical sales job. I was getting up at 4 in the morning, driving three hours, grinding.

Starting point is 00:35:41 And I remember being sick many times, popping mucinex in the car, walking in doctors, whatever. Which looking back, it's like, post-COVID, you would never do that. You never walk sick into a doctor's office. But at the time, I was like, I need to prove myself. The company didn't give a shit. Like, they don't give a shit if you're taking sick days. It's sales. And it was a commission guy.

Starting point is 00:36:02 Yeah. But you're right. The younger generation seems a lot more about the balance and self-care and give myself grace. But I think a lot for me, looking for my own experience, it was the companies I was working for. And I think you hear this a lot where people don't feel companies care as much for them now as maybe 30 years ago, right? you could work 40 years at Ford and get stock options and retire.

Starting point is 00:36:25 The loyalty is in there with the individual companies anymore. People aren't staying as long. Their identity, I think, is not as revolved around the company or their job as them as an individual. I think it's a whole shift happening. Yeah. And I don't know if it's chicken of the egg because I would, I've been on all sides of that because I worked for, before I started my own companies, I worked for 15 years for other people. I'm not a lifelong entrepreneur.

Starting point is 00:36:46 I work 15 years for four different companies. So I've been on both sides of the fence. And I don't know if the employers shifted first or the employees did. I don't know the answer to that to your point, Chris, of saying, well, employers don't care as much, you know, or if the employees started becoming less loyal and the employers are like, well, fuck it. Then if that's the way it's going to be, then we're going to shift our, I don't know which one of those came first or if it was just a natural thing. I do think work-life balance is important. And let's be real. You have all these influencers, right?

Starting point is 00:37:27 How many videos you've seen? Oh, I work at Facebook. This is a day in the life of my life. And it's like vacation, right? You have Google where you can go take a nap in the nap pod for an hour and you're getting catered every meal where it's like, that's also not realistic. And I think that's what people were seeing.

Starting point is 00:37:43 Well, no, like Eric Schmidt or one of the other founders like came out and said, you know, he doesn't work. there anymore and he's like we stopped caring about winning and started caring about employee health and culture and we've suffered because of it right like the culture used to be about winning and being first and being best and then it became about okay nap pods and and you know free lunch and he he wasn't suggesting that there shouldn't be a balance of those two things but the the pendulum had swung a little too far. Yeah, definitely. I think that the pendulum has swung too far and to the point of like, you know, there are sometimes situations where people, you know, they really want to be

Starting point is 00:38:32 incentivized to do more and, you know, realizing that the incentive, like the incentive to do more should come when you do more. Yeah. Well, and I think incentives have dropped too in general. Like I've And that's my experience with some companies, say they cut the commissions where you're, all right, well, I'm going to make less money. That makes it a lot harder to be excited in where I'm going to go to war for these people when they're cutting your pay, you know? I think the instincts are also different because like my instincts for growth and sniffing out things, I didn't need validation. I didn't need to know exactly what I was going to get for what I did. I just had a nose to know that if I did positive things, I think this is going to work out and it did.

Starting point is 00:39:22 And now that might have been blind on some level and you go, well, that's not smart. But I don't think that sort of, and I'm not blanketing everyone in the same cloth, but I just don't think there's that instinctual drive like that as much. Well, I think, too, the other thing I would say from an inflation standpoint is businesses are in such a bind with inflation being as high as it is, right? Like you're trying to make payroll.

Starting point is 00:39:51 You're trying to give people, you know, a quarter, not quarterly, yearly raises. And you're trying to deal with supply issues and, you know, a material is costing more and the rent on your building costing more and inflation of goods and services. So then, of course, your incentives are going to be the first thing to go. Yeah. It's a complex thing. Any thoughts you want to throw it on on this Sawyer as the lone Jinzier? No, I think all those things are true, especially people being disillusioned with their companies and not feeling like they're going to be taking care of long term.

Starting point is 00:40:35 Like, amongst, I don't know, like retirement and stuff isn't the same as it used to be. Social Security isn't what it used to be. Good points. complex subjects don't think we're falling on one side of the other other than, hey, there's evolution and change. And you've got to got to be aware of the new mindsets and things with how you manage people. I think that's all for today. Any final words? Brianna, Chris?

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