The Iced Coffee Hour - How Dax Flame Plans To Make $1,000,000 | Investing with Graham Stephan - Ep. 11

Episode Date: August 2, 2020

This week we have on the incredible DAX FLAME as a guest. We discuss philosophy, banks, and Dax's explosive growth into becoming an influencer!  Dax's Memoir: https://www.amazon.com/gp/aw/d/B08DSV...... friendboom.com: https://www.friendboom.com Add us on Instagram:  https://www.instagram.com/jlsselby https://www.instagram.com/gpstephan Send any voice submissions to Grahamstephanpodcast@gmail.com  (10-15 seconds max) can be about anything- and we will respond in the next podcast! Get 2 Free Stocks on Webull when you deposit $100: https://tinyurl.com/yd9slfax Join the 2x weekly mentorship group: https://tinyurl.com/yaexko4o The Equipment used: https://tinyurl.com/y78py5g2 The YouTube Creator Academy:   Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://bit.ly/2STxofv $100 OFF WITH CODE 100OFF  For Podcast Inquiries, please contact GrahamStephanPodcast@gmail.com TIMESTAMPS 0:30 How much the podcast has made 1:10 Why we are in different rooms 1:59 Why Dax started on YT 3:17 The movies Dax has been in 3:43 Why Dax quit YT 6:19 Ice Cream Man 7:17 How Ice Cream Man was created 16:30 What is Smoothie Madness? 29:07 Dax's Book 33:07 Dax's Websites 46:24 How much Dax has saved 58:48 How important is it to have a lot of money? 1:13:30 How much Dax made from acting 1:24:12 An interesting concept 1:28:08 Picture yourself by a firepit in the forest, Graham sitting on a log across from you and he tells you this story. *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript
Discussion (0)
Starting point is 00:00:00 So welcome back to the iced coffee hour. You got Graham, you got Jack. We got a very special guest for you, who is sitting in the other room right now. We're doing some social distancing. This is one I'm really excited about dealing. Oh, yeah. Yeah. And we're going to be talking about everything from business ventures.
Starting point is 00:00:17 We're going to be talking about investing. We're going to be talking about some very intense debates, topics, business. We got a book here, philosophy. And with that said, we're going to announce our guest. right over here. Also, we've made approximately, I think, like, 1,600. Sorry, I don't have the exact number. I know you guys want to hear it,
Starting point is 00:00:36 but I usually just reserve that statistic for when Graham and I are together. We have a guest, you guys wanted it. It's like $1,600. That's how much we've made so far for the podcast. So welcome Dax Flame to the 11th ever episode of the iced coffee hour.
Starting point is 00:00:52 How are you doing? I'm doing good. How are y'all? Doing super well. Really excited to meet you and have you on. Yeah, this was actually. something I was I was so looking forward to this I'm actually I might actually have to move my my mic over here because we're gonna do more talking over here this is something I was
Starting point is 00:01:08 really looking forward to me too and by the way guys if you're wondering why we're in different rooms we're social distancing right now we're being responsible so so welcome and just to give you you all a little introduction on who Dax is he's an OG YouTuber so at one point he was the 16th most subscribed channel on YouTube and Around what year was that, Dax? 2007. So, I mean, I was nine. That's crazy.
Starting point is 00:01:37 Nine at that time. But Graham, you're the same age as me? 28? 30. Okay. Yeah. Just turned 30. By the way, quick off-topic tangent here, I posted my first YouTube video in
Starting point is 00:01:49 I think six or seven. Believe it or not, there's a YouTube video of me playing the drums in 2007. Really? Really. Huh. Yeah. I'm sure I can find it. So what first made you want to make a YouTube video?
Starting point is 00:02:02 Just to express myself and share some of my feelings with people and kind of just seeing that this thing called video blogging existed and wanting to like do some of that myself, keep a video diary entry. Yeah, that was, yeah, that was 2007 as well. So similar timeline, 15 years old. You're 15. I guess you were 17. Yeah. What was that like to have a few of your videos just take off? off. I mean, I know some of those early videos for you, like, for a million views on a
Starting point is 00:02:33 brand new platform. Nobody had seen that before. Yeah, it was very, very interesting and very, cool. And it just felt like a whole swarm of people. In a way, it felt like the whole world was watching. But at the same time, I knew it wasn't really. But it felt that way, sort of, to an extent, because at that point, you haven't yet seen the world when you're that young. And so it feels very big and just a wild experience. Did you get recognized back then? Not while I was making videos, not until after I quit making videos. Because then I quit, I quit making videos around 17, or no, like 16 or something.
Starting point is 00:03:10 And then I acted in movies. Shortly after I graduated high school at 18, I acted in Project Decks. And that movie got, that movie was, so then I got recognized from that, but mostly from 21 Jump Street, which I acted in the following. year. So I acted in 21 Jump Street the following year. They both were released in 2012. So after they were released, I went and traveled lots and I wrote a book and then I moved to L.A. And yeah, yeah. Why did you stop making YouTube videos when you were coming near like the peak of your YouTube success? Because I had, I just didn't want to make them anymore. Yeah, I just didn't feel like making
Starting point is 00:03:58 videos anymore. Was there something that happened or was there something that sparked it where one day you woke up? It's like, you know what? It's not into it today. Was there something that led up to that or was you just tired of it? I don't really remember. Also today, my memory is really foggy because I was telling you I didn't sleep really well. So I am not as sharply focused as I usually am. You're okay. So I can only imagine being at the top of YouTube at the time. Obviously, YouTube wasn't as prolific as it is now. But were you like the cool kid on campus since you had, you know, like 100,000 subscribers? No, because no one cared about YouTube back then.
Starting point is 00:04:39 Huh. Dax, have you considered starting a TikTok? Someone told me to. Maybe I would to, I don't know. I don't know. I don't have any TikTok ideas, but maybe it seems like a good thing, like a vital part of being an influencer, as I say. Who knows? I would do it.
Starting point is 00:04:54 I gave in. I thought it was stupid. I seriously thought, like, what's the point of this? And then I started seeing everybody come up on. I'm like, wait, it's like, maybe there's something. I said the same thing about Instagram, though. I thought it was the stupidest thing. And then I realized, like, you have to do it.
Starting point is 00:05:10 So how about this? If you create a TikTok, by the time this post on Sunday, I'll link it in the description. Okay. But if it's not in the description, that means you've decided not to do it. That's a good idea. Okay. I have other things. other things that I would be interested in talking about that I think could be linked to in the
Starting point is 00:05:31 description, but I can run them by you and see what you think. Yes. So I think everyone has a pretty good understanding of who you were. You were featured in a couple mainstream films and, you know, your YouTube fame. How was it acting in Project X and 22 Jump Street? How was that change from being on YouTube to all of a sudden, like being catered to and like being in mainstream film? really fun to be in Hollywood movies.
Starting point is 00:05:59 It's so fun. Yeah, it's such a good experience. Did people, because I know you don't work at the ice cream shop anymore. Oh yeah, so should I explain that? Yes. Maybe we could give a little bit of background on the ice cream man. Oh, sure, yes. Yeah, people may not know.
Starting point is 00:06:20 A famous content creator, Idubs, made like a documentary about Dax. And about... Oh, I'm so curious about that. Do you want me to summarize that? Yeah, yes. Really quick, though, how did that happen? Because I love his content, and I love the documentary style. And when I saw that come up, I was like, oh, well, I know what I'm doing tonight.
Starting point is 00:06:39 Cool. So, yeah, Macy and I watched it, and we were immediately like... Did you know who I was before that? No. Oh, cool. Uh-uh. So that was really cool. And then we're like, wait a second.
Starting point is 00:06:49 It was Macy's ideas. Like, we should reach out. And you got back to me immediately. Yeah. And so we're watching it. As you're getting back to me, it was like the craziest thing. I was so excited. Yeah, I've heard about you through YouTube and see your thumbnails pop up a lot.
Starting point is 00:07:03 Like, I react to how they spend money. Yes, yeah. So that's interesting to me, too, because I am not good with money, but I've been trying to educate myself more. And so that's what excited me so much too. So I got famous on YouTube. I acted in those movies, traveled around, wrote some books. moved to LA, all my opportunities dried up, so I needed to find a way to make money, tried to create an invention, that invention did not pan out, had to find another job, started
Starting point is 00:07:35 driving Lyft and a food delivery job, got a job at an ice cream shop. That ice cream shop job lasted about 15 months, about 12 months into it. I ran into Idubs, Ian, and he was really nice, nice, when I'd met him. really nice person and he had asked me if I wanted to meet up for lunch to discuss a documentary idea. And so he just said, yeah, I would like to do that. And I'd watch this full force one and I thought it was really good. So then we decided to do it and then a month or so later we started to record it and then I was just with them for a week and then I would just keep in touch via text. And then it came out recently.
Starting point is 00:08:23 So it's been really exciting. About a week ago it came out. So that's how it came to fruition and how it all happened. What an exciting time it's been. So lucky. Yeah, really good time, really great experience. How do you run into Ian? How did that happen?
Starting point is 00:08:41 I went to a party at Jack's Films' house because I know Jack from YouTube. Yeah. That's crazy, though, that you just coincidentally met Ida. and he knew of you and you know of him. Mm-hmm. Mm-hmm. And what was it like meeting him? Is he like he is on camera?
Starting point is 00:09:01 Because I'm actually, I'm a huge Idubs fan as well. Yeah, I think I'd met him before. Well, I know I'd met him before, too, but hadn't talked to him a whole lot, but I'd talked to him there, and he was just so nice. Yeah, he's just nice, really nice person. And, like, whenever you're at a party and you don't know a lot of people, it's nice to have someone you can talk to for a bit. And so that was very nice.
Starting point is 00:09:23 running into him and good presence. That's the thing I like about YouTube is because everybody watches each other. You can meet a brand new person who you never know before but it's like you're instantly friends because you've seen them for so much like I met some of my best friends through YouTube. We've maybe watched each other in YouTube for like a year or two years and then you meet and you're like instant friends because you know about each other all right like you already know you're gonna get along. Yeah. So it's it's fantastic for meeting people. And I had not seen a whole lot of things but I just
Starting point is 00:09:51 whenever I'd met him, I thought he was so nice. I just looked him up again that night and watched a few of his videos and watched the full force one. And I was like, oh, wow, I really like this. I loved the full force one. Yeah. Aerosoft Faddy is like such a nice, seeming, interesting person. He is.
Starting point is 00:10:08 Oh, absolutely. Well, that's exciting. And his video is untrending. Yeah. I think it was number two trending. It didn't make it to number one, though. Number two. So when you met him at the party, is that when he came up with the idea to have the ice
Starting point is 00:10:21 cream man, it wasn't something that he had thought of before, but it was when he met you, learned that you were working at an ice cream shop at the time, and then decided to make a documentary. I don't know. I can't remember if we discussed working at an ice cream shop till we had lunch and discussed a documentary or at the party. I don't remember. Yeah, I don't remember.
Starting point is 00:10:40 About how long ago was this? October, mid-October of 2019. No, 2000. Yeah, 2019. So you filmed the documentary, like, a long time ago, and it took him like seven months to get it all ready to go and edit? Yeah, yeah, yeah. Wow. And a man named Dane was a really talented editor who edited the whole thing.
Starting point is 00:11:07 And then Ian edited parts of it, too, I think. I'm not exactly sure, but they work together with someone named Ben and they're all really good. Yeah, I can't imagine the amount of filming and work that goes on behind that and planning. Yeah. It's just insane. to put that together. It's like, it doesn't surprise me that it would take many months
Starting point is 00:11:26 to craft something like that to release it. Did you make a documentary before? The closest one, I made two that were semi. One was with this guy, Ben Mala, and I flew to Florida to learn about a story. I spent the entire day filming with him, and then I spent about 18, maybe 20 hours straight editing the entire video together.
Starting point is 00:11:45 And then PokeyMane did a video with her, and I tried to make it more documentaries. I did my best. It's tough. I mean, that was a solid, I don't know, 15, 12 hours of editing. Just editing that went into that. Not to mention all the planning and the filming and the background work and the coordinate. I mean, there's so much that went into to making like a 20 minute video.
Starting point is 00:12:05 Yeah. I enjoy it. It was fun. It was a good creative challenge. Something I want to do more of. Yeah. It is fun. Yeah.
Starting point is 00:12:12 Like I look at that. Like Ian's video is inspiration for me. Yeah. It's just seeing how that was just constructed. To me was like, wow. Like that's what I would love to do one day Like something similar to that Well that's exciting
Starting point is 00:12:24 That's really cool The finance version of that The money version Yeah There's you could probably find a You could probably find a money YouTuber to make that documentary about Yeah
Starting point is 00:12:35 Oh yeah the possibilities are limitless So if anyone's watching the Do you call yourself a money YouTuber Or like a finance YouTuber It's so hard I hate saying I usually go with finance But most people think finance is really boring
Starting point is 00:12:48 So it's like What do you make money? You know, I just say kind of like I make video investing on YouTube, but I try to steer away. Usually I just tell her, I'm a real estate. That's usually the go-to is real estate. Okay, cool. So it saves a whole bunch of it because nobody gets it otherwise. Yeah.
Starting point is 00:13:04 Did people recognize you when you were working at the ice cream shop often? Yeah, a lot of people recognize me at the ice cream shop. What do you think you were recognized mostly for? 21 Jump Street. Yeah, that's how I knew of you. 21 Jump Street and then the Jubilee video that you're in as well but we'll cover that in a little bit maybe we should just talk about it now
Starting point is 00:13:25 you want to guess what we all have in common all three of us Jubilee videos and Lough yeah well I've never had a chatting with but I've been in a Jubilee video yes oh what Jubilee video were you in people are gonna find it yeah I'm gonna bleep it how about this you bleep it out and if someone finds that they find
Starting point is 00:13:45 it also me and you were both on PewDiePie pie yes oh wow That's true. I mean, that's a flex. That is a huge flex. That is, okay. Yeah. Yeah, I was.
Starting point is 00:13:56 Oh, okay. Mm-hmm. And then what you were in? Mine was Millionaire versus minimum wage worker. Oh, I saw that. Yeah. I don't remember it that much, but I have definitely seen that. Yeah.
Starting point is 00:14:08 Oh, and then do all millionaires think the same? Or maybe I saw that one. Yeah. That was the more recent one, but the first one was a bigger video. Mm-hmm. So, exciting stuff. Yeah. Cool.
Starting point is 00:14:20 So in the Jubilee video you were in, essentially the premise is you have two different teams. Each team is comprised of three people, and they have to try to either choose blue or choose red. And if both teams choose blue, then they get to split a pot of money. If one chooses blue, one chooses red, the red team gets to take the entire pot of money.
Starting point is 00:14:43 If both teams choose red, both teams get nothing. You were the only person out of all six people that were in it that wanted to share the money. Oh, yeah. Everyone else wanted to steal it. I would share it. I mean, that's what I'd be in the same position as you. I'd just be like, guys, it's guaranteed. Let's just share it.
Starting point is 00:15:03 Right. We each walk away a winner. True. That's a good point. It's, yeah, it is a big conundrum, the prisoner's dilemma. Yep. When Idubs and you filmed Ice Cream Man, did he have an outline already prepared or was it a rough outline or did you guys kind of just go with the flow when you were filming it? We didn't have any specific plan for the documentary.
Starting point is 00:15:29 He just wanted to, I think, film a week with me and see where it went. And I think he knew that he wanted to help me create something. And so whenever he was thinking about the game show or something, I think this is how it went. I think he was just like, oh yeah, I love this idea and that we'd like to help you make it. So that was really a very lucky set of circumstances for me to get to create something, just have someone fund it for me and everything and help me produce it. So that was amazing. And now my goal is to make more smoothie madness.
Starting point is 00:16:03 I want to sell it to a network and create a full series, a full season. And I also might in the meantime, since I don't know how long that would take, I might like to self-produce a few episodes, but I'm very nervous about... Can I say... We say the illness. I'm very nervous about the virus, and so I might have to find out a way
Starting point is 00:16:28 to do a socially distance version of it. Can you give a little outline of what smoothie madness is? Yeah, is the sunlighting okay? Yep, yeah. Smoothie Madness is a game show I made with Ian and Dane and Ben, in Will Osmond's Kitchen.
Starting point is 00:16:47 It's a game show about like making smoothies. It's just a health-themed game show. And it went really well. Like I was very awkward for a first-time host. So I have to like work on that and try and figure out how to be more charismatic. And so yeah, it was a hit though. Everyone loved it. So that's really exciting.
Starting point is 00:17:09 It was fun to watch. Yeah, yeah. It's fun and entertaining. Yeah. I like, by the way, how it seemed to be a bit unplanned. Yeah. I mean, there's some structure, but there are a lot of things that you're just like, what do we do? Okay, and you kind of make it up a little bit as you go depending on the situation.
Starting point is 00:17:27 Like, I liked that because it seemed to- I think people can relate to something raw. Yes. That's what I liked about it. But my question is, we're going to talk a little money here. Why sell it? Because this is something easy enough that you would be able to do on your own. You could keep 100% of the real.
Starting point is 00:17:43 revenue you don't have to share it with anybody this is easy enough where you just do you make a smoothie madness youtube channel and then as you grow it you start getting sponsors to that then imagine you start getting like uh what is it g fuel all of a sudden you you you fuel pays you like 30 grand to to figure out a smoothie with g fuel in it and a million people watch that video now it's sponsored by g fuel and you could do that with like other products and blenders you know there's a lot of things that you could do with that. And each episode, I bet could be filmed for, I don't know, under a thousand bucks. If you're willing to put in a lot of the work behind the scenes, it's really just the equipment. Getting people on, having them sign a release, the ingredients, I'd say
Starting point is 00:18:27 about $1,000. It's better hire two people for the day to help you out, a thousand bucks. That's a good point. And something I should maybe ask you more about, which could lead me into asking you about in business, the most important thing is to know why you're doing it, right? You need to know what your motive is. If it's business, it doesn't make money. I mean, really, that's it.
Starting point is 00:18:56 Is it a viable way to make money for business? But if you get into a new venture, you need to ask yourself, why am I doing this? Why do I want this money? So you just answered the question of, do why do I want money fund my game show because you just said it would cost $1,000 per episode
Starting point is 00:19:16 threw that number out I bet you could do it for less oh yeah yeah that's perfect yeah so if I can make enough money to start paying $1,000 or say $500 per episode I could make it on my own so how do I make money let's let's let's go back a little let's figure out how much realistically this would cost you swimming realistically I bet you, you could do it, do you have a camera? No, I have an iPhone 6, but I'm probably just going to, 6S.
Starting point is 00:19:43 Okay, so here. Probably going to buy a better camera soon. So here's the equipment you would need. You would need two lava, maybe three lavalier microphones. Three lavaliers. So I would say $600 for that. You deen maybe two to three cameras. Okay.
Starting point is 00:19:56 So let's say you buy them used, $600 a camera. That's $1,800, tripods, lighting, or maybe $3,000 for that. $3,000 investment up to $3,000. Let's even round it up to $3,500. because we're going to add blenders into the mix. I'd say $3,500. I have the blenders. You have the blenders.
Starting point is 00:20:12 So just $3,000. $3,000. That's really what I think it would take is $3,000. You need a space to film in. That's what you start off with. Then you need the ingredients and then people to run the cameras and maybe an editor. Yes. Which maybe so $3,000 down payment.
Starting point is 00:20:31 3,000 down. Per episode, maybe add in a $500? Yeah, 500. So the ingredients, let's just, say a hundred bucks, $120 for ingredients, you'd have to pay people to get on, which I'm sure at this point people are willing to do it for free, but since you don't- No, no, you have to pay them. But, okay, but since you don't, well, you don't want subscribers, like, fans going on and doing, you want it to be like real honest, like people- Yeah, I want them to have a reward.
Starting point is 00:20:53 Okay, so another few hundred bucks to pay them. I think you could do a lot of the filming yourself, if you don't mind, just running around, they're turning on the cameras, doing it yourself, maybe one person to help you out, pay that person $100 for the day. You could edit yourself if you want to. So you could technically do this for maybe four or five hundred bucks an episode. Okay. If you do a lot of the work yourself.
Starting point is 00:21:15 I don't think you would be profitable in the beginning unless you get a sponsor up front. So you could, what I would probably do is do one episode and use that almost like a proof of concept. So you would have to come up with the money up front. Yeah. I know you already had the episode. Do one more. Okay. Because right now you got to do one more.
Starting point is 00:21:33 Yeah. You got to do one more episode because right now when you're going to have to do one more episode. because right now any sponsor, I think, would look at that one video and be like, okay, well, obviously it has a lot of views, but that's because of Idub's video. Everyone's coming, and of course they're going to like, what can you do on your own independent from him? So they're going to want to see that. If you could show that you're getting 50 or 60,000 views, it would be a lot easier for you to go to a business or ask for some sort of sponsorship or something that would at least pay your overhead in the beginning. That's a good idea. You do it for free.
Starting point is 00:22:02 Thank you. Yeah, of course. So you do the first ones for free. as you start building up momentum, you could add revenue. You could maybe look into some affiliates of some sort. Blenders. Yeah. You could affiliate market blenders.
Starting point is 00:22:13 You maybe get a few bucks per one that you sold. I think they would be, anyone watching it would probably want to support you at this point. Maybe a Patreon for some behind the scenes look into this, I think would be $10 a month, $15 a month, and they get access to all the behind the scenes footage. Because you're going to have a condensed down version. But what about behind the scenes? Is they're kind of figuring out what to do? You're going to have a lot of footage, what to do with that?
Starting point is 00:22:34 sell it. So I think in the beginning you're not going to make much money at the best case scenario break even but I think over a few months if you if you do like an episode a week I think there's money to be made in that. Excellent advice. Thank you. You're welcome. And then you could always expand from there. And I think you can go crazier by like upping the ante like as you start making more money reinvest it back into the channel be like okay today guys we're giving away like a 1998 Honda Civic like something just something you give people like a crazy prize you change up you could change up the rules in every single episode so no episode's the same like today we got a special episode where you could put like you know you could you could you could
Starting point is 00:23:14 set you know you said the sabotage thing but they could they could put an ingredient in there and then you have someone blindfolded in the back taste testing or something crazy that's yeah I agree a lot of ways you can go with that totally that might be my first step right now is uh what is your Oh, $20 bill? Oh, wow. Is that normal or just for the podcast? That's just for the podcast. I bought them on Amazon.
Starting point is 00:23:45 It's fake. Oh, okay. Yeah, so it has some, I believe they're Chinese symbols on the side, so you can't like, but it's just a funny little thing. I bought them for thumbnails and then now we use them as coasters. I was like, wow. Yeah, but that's my thought. Don't sell it.
Starting point is 00:24:02 Cool. It's better you do it on your own. especially now, people can do everything pretty much on their own. They don't need to sell anybody. They don't need to get picked up by a network. You are now your own network. I think there's a lot of excitement around smoothie madness right now. And obviously you can't really film it due to quarantine.
Starting point is 00:24:20 I had an idea to just film trivia version. How would you do that? Well, round three is just trivia. Like there wouldn't be the most essential ingredient, which is the blending and making a smoothie. but people would like it as a holdover. And that's the benefit of selling to a network is they might know how to build a studio big enough
Starting point is 00:24:42 to where you can do it socially distanced. I don't think there's any rush too. Like imagine everyone's saying adult swim or imagine the food network or... Yeah, you know what I would do if you're worried about everything is just make smoothies yourself. What? Make them yourself.
Starting point is 00:24:59 Oh, if they pick the ingredients and I blend them? Yes. Good idea. So two things. One, if you want to involve your audience, you get them to make a suggestion of what you make a smoothie of. It could be anything. People could say, like, put salmon in the smoothie. Like, just any ingredients that people upvote in the comments, like just say this. Whatever people comments, I'm going to pick the top five things in a week. And I'm going to make a smoothie out of it and I'm going to drink it.
Starting point is 00:25:27 You know, within reason, of course. But I need to have contestants. No, no. But this would just be you in the beginning. You would get the top ingredients from people, whatever they suggest. You would film yourself, going to the store, buying the ingredients, having it all laid out. And then you have a blender. You put it in the blender.
Starting point is 00:25:45 And then you do it yourself and you rate it. Kind of like report of the week, except you would make your own smoothie. And that might help build some momentum. At least you build an audience around what you like. That's a good idea. I like both of these. Thank you. Thank you.
Starting point is 00:25:59 That is a great idea I hadn't thought of. either of those do honestly right now do as much as you can on your own in the very beginning grow it now like even tonight you get back i would start posting on videos on you've you watched hot ones what's up hot ones yes that's a good show that would be a good thing for me to follow yes exactly i would do something like that but in the beginning i would just do you you don't have to worry about meeting any new people you could you could film on your own time your own schedule right now i think you got so much momentum. I think it's really important just to carry that momentum. Yes.
Starting point is 00:26:34 Because what I've noticed is, like, you have this small little window that opens up every now and then. And if you don't jump through that window, it closes up, and then you've got to find another window. So I think you got the window open right now. It only comes every five or so years. I don't, I don't know how often windows happen. Maybe it's what, it's probably about right. Yeah, like every five or so years, sometimes longer, sometimes less, sometimes not at all. Yep. I would say that's been about true.
Starting point is 00:27:03 Maybe every five years or so some opportunities come up. It's like, yeah, take it. So I think now you've got a window. And I think it's just worth it. You've just got to like double down right now. Yes. Make the smoothie content or just anything. But I would do the smoothie content on your channel.
Starting point is 00:27:19 Post like every other day, every three days. You'll build so much more momentum than if you don't do anything for a month and then you come back into it. Okay. You could find the people on Craigslist too. Yeah. That would be a good way to find. some random people. That's how we did it.
Starting point is 00:27:32 That's how we did it. What would be even funnier is go on model mayhem, get some like professional models. Seriously, that would be amazing. That would be something. I just like it to be, I guess that would be a different theme. I mean, I could do different themed episodes
Starting point is 00:27:49 like model smoothie madness. That would be a million view video. I kid you not. Maybe for one of them, but I would like it to be open to everyone. Yes. Yeah. No, maybe, yeah.
Starting point is 00:27:59 No, I agree. but like splitting it up like one episode. That's smart that you'd have like a dynamic theme. Like constantly changing the rules, changing, you know, the type of contestant that you have on. I was thinking maybe have Brett come back and host the second episode
Starting point is 00:28:13 and I can kind of learn from him a little bit. Maybe Letitia moves on to the second round. Winner moves on, winner moves on. Loser hosts, co-hosts. I still think that you should, you're good host. Yeah, no co-host. Oh, okay.
Starting point is 00:28:28 On the topic, back on the topic of ice screen man. Were you nervous for this video? Yeah, sure. I was nervous filming, but I get nervous all the time, so I don't mind being nervous. You just move right through it. And then for it coming out, I wasn't nervous. I was just busy because I wrote this new book and I wanted to get it finished and I'm going to release it. It's live actually now, but I haven't announced it. It's on Amazon, so I'm going to announce that. I brought a copy to bring to you. Thank you. Tell us about the book. What is the book? You'll like the title. It's Dax Flames's Guide to Making Money as an Influencer.
Starting point is 00:29:10 Ooh. And it's autographed for you. Thank you. Can I grab it? Yeah. Okay, hold on. Do you like that title? I do. Let's see. There we go. I'm going to keep this. Wow, look at it. You get the little tape so it's official, not for resale. Oh, I mean, that's because it's a proof copy. So the official copies won't have that. So you have one of a kind. The only other person who has that is me. I printed two proof copies. First two copies in existence. So you have one of them. So you should save that. It's worth a lot of money. Maybe someday. Maybe someday. Maybe if people like it. That's awesome. So tell us about the book. What is the book about? It's also this little drawing I brought if you want it. It says ice cream man.
Starting point is 00:29:56 Yes. You all have to frame that. That's cool. Some man hired me to draw him a tattoo, and that was the design he didn't want to use. And then I added to it a little. Wait a second. Wait, this is even more. Wait, wait. So you designed someone's tattoo. Yeah.
Starting point is 00:30:10 Someone messaged me on Instagram, so I drew their tattoo. How did that, when did that happen? A couple days after everything came out. Did he send you a picture of the tattoo? He hasn't gotten it yet. Oh, okay. When is he going to get it? Because if we could put a screenshot here, if you tell me, if you want to message him and see.
Starting point is 00:30:30 How about this? If you message him and say, if he gets a tattoo and sends a picture, we'll put it on here if he gets it before Saturday morning. Yeah. I'll message him. Saturday morning? Yeah,
Starting point is 00:30:41 yeah. Okay. If anyone ever wants a tattoo of the iced coffee hour or Graham, we'll put it on here. We'll feature it. I don't know if I, that's a, isn't that a lot of pressure that,
Starting point is 00:30:50 like, what you drew is going to be on someone's body forever? No. Because he wanted, he said just do whatever. I would, I would feel on, like,
Starting point is 00:31:00 Some people take tattoos very lightly. Yeah. Yeah. I look at that and like that's a permanent decision. That's that's on, like I'm going to have to be 80 years old and look at that. He'd been mowed me 100 bucks. What's up? He've been mowed me 100 bucks.
Starting point is 00:31:14 Well, for 100, that changes every. Yeah. And he took the one that was the least effort. Like I just drew a dog and he liked that best. You know what? That's a story though. Yeah. That's a story when you're out with your buddies.
Starting point is 00:31:28 You say, hey, look at, look at this. Guess what? It's a story behind it. That's true. Wow. That's incredible. But tell us about the book. The book is called Dax Flames Guide to Making Money as an Influencer.
Starting point is 00:31:40 Okay. How much of your audience wants to make money as an influencer? I would say about 5% of my audience would want to be an influencer and make money. I'd say the other 95 care about personal finance, but say 5%. Okay. So this could be a good book for just about all of them, I guess. Like, because the other people care about finance? Yeah.
Starting point is 00:32:03 Yeah, it's about starting a business. The book is about attempting to start a business. Yeah. Did you check out either of the websites I sent you? I did. Oh, awesome. Is it okay if I go into my questions at all? Of course.
Starting point is 00:32:17 Let's do it. We got other questions and we'll save them. But let's hear what you have to say. So the motive behind starting a business? is the key to keeping motivated. If you don't know why you're doing what you're doing, why you want money, you'll just give up. So I know that I want to create more smoothie madness.
Starting point is 00:32:44 I know I want to write fun in my screenplays. And so having this in mind, I can approach these different, I know I don't want to work in an ice cream shop. So having that in mind, I can approach these different business opportunities and see if I can make something out of it. them. It's it's sometimes it's at it seems out of your depth but you can't doubt yourself so you just go for it right. So um I sent Graham these two websites I created wealthy influencer.com
Starting point is 00:33:13 great domain name yeah and then friend boom.com good domain name decent okay uh but wealthy influencer is great I prefer wealthy influencer yeah that's a great versus friend boom um friend boom is good learn what the site is about, I think, you know, I will get your opinion on it because I don't know. Which one do you want to start with? So, let's start with Friend Boom. No, let's start with The Wealthy Influencer, because that's what the book is about. Okay. The book is about early quarantine and starting a business in early quarantine.
Starting point is 00:33:49 All of a sudden, I've got no money, but I've got unemployment checks coming. So all of a sudden, I have all this free time, and I'm just in my apartment with all of this time in my hands, which in a way is a dream come true. Obviously, the circumstances of the world were not good, but in that way, it was good for me in that I got the unemployment. And so I created this website, and it was something I just threw myself into, wanted to see if I could start this business, teach people how to make money as an influencer. And there's a whole drama element to it that I wrote in the book. And honestly, I don't know if it will work out or not.
Starting point is 00:34:32 Like, at this point, once the documentary started coming out, I gave up on the website and started moving on to other things. But now that I'm here with you, I think it's a good time to revisit it. And so, wealthyinfluencer.com, you go there to learn how to make money as an influencer. It has courses. It has a tool section. and it's not developed yet, but originally I was trying to see if I could just sell it. I wanted to see if I could sell it to someone.
Starting point is 00:35:04 So I made a video website for sale, anyone interested in buying it. The feedback I mainly got was similar to the feedback I got when I was trying to sell my invention IP, which is, you can't sell a concept. I would agree with that. So friendboom.com is where I'm going to try and do things right. Also, but you can sell a good domain name. Yes. So that is a great once-in-a-lifetime domain name, you think?
Starting point is 00:35:33 I would say it's a very, it's a good domain name. How much is it worth, what do you say? It's tough to sell domain names, I got to say, because people are placing less emphasis on a good domain name, and instead on, like, an app or something with an audience already attached to it. Fewer and fewer and fewer people are going to websites and go to ask. What about a domain name that's written about in a book? which book
Starting point is 00:35:56 that book this book it depends how many visitors you have I mean it's it's difficult to sell a concept and it's very difficult to sell a domain name unless you're selling a domain name that gets a lot of traffic or something that is associated with a brand
Starting point is 00:36:10 like what was it Nissan.com do you see that the guy the guy owns nisone dot com and I think Nissan the car manufacturer offered to buy it what's up cease and desist they sent him that but he He had, I think in like the 80s or 70s,
Starting point is 00:36:27 I think it was some sort of product or something that was Nissan. Or was like his last name or something. I forget what it was, but he had the rights to that. Wow. So they tried to get a seasoned assist. The judge ruled that he has the right to own nisone.com. And then they got in a big legal battle between the two. And then this guy, let's see if it's still, let's see if it's still up.
Starting point is 00:36:50 It's very interesting. If you go to nisone.com, he, uh, Let's see, nisone.com Let's see if it's still up there It's like this really jinky-looking website I really hope it's up here Because it's a very interesting story But they offered him like $20 million to this website
Starting point is 00:37:05 And he said no, he turned it down So he didn't sell it I don't believe so Oh yeah, this is it Here Jack, you could put this on the thing It says Nissan Motors lawsuit against us It can happen to you or someone else Nissan.com
Starting point is 00:37:20 That was the website up until maybe just recently Wow. So anyway. So now you see, it's Nissan USA.com is your website. So that's a good point. So you need, so wealthy influencer won't be worth anything until it's developed. Correct. I think realistically, your time is best spent developing it.
Starting point is 00:37:42 Developing it? Developing smoothie madness. That's what I believe too. I think you should really focus on smoothie madness, especially considering the fact that you have all of this outreach, specifically from the, the Ice Cream Man video specifically wanting more smoothie madness. I mean, I agree completely. I just kind of thought, and this was back when before smoothie madness was like I knew
Starting point is 00:38:03 if it was going to happen or not that I created this website. So now that it's like I have smoothie madness, I'll probably just shift my focus to that. But since I was coming on here, I thought it was the perfect time to kind of get some kind of either finality about it or closure or to get some invigoration. Yeah. So it seems more the closure route. but it does lead me into Friend Boom. Could I tell you about that?
Starting point is 00:38:26 Yes. Friendboom.com is a really good idea that I wish existed and more so as an app, Friend Boom, the app, which name could be changed if you don't think that's a great domain name. But I was even thinking of like selling that. It'd be better to develop it first,
Starting point is 00:38:45 but I want to focus my energy on smoothie madness. So this is a crazy idea that I don't know if it's good. You can tell me. But I was even going to just like list it on eBay and try and sell friendboom.com. Now I know what you're thinking. That's a concept and a domain name. But I would agree to stay like with it or be the face of the company for many years.
Starting point is 00:39:10 So you would be getting friendboom.com and a guarantee that I would make one video about it once it's done. So what is friend boom? Think of Tinder, but you do it with a personality test. So you take a personality test and it tells you, And then the other person takes the personality test. And then if it combines people, it matches people with who is most compatible. Additionally, also ask you about your availability each week.
Starting point is 00:39:34 So each week you would tell them what your availability is. Also, sorry if this is not a good idea, but I'm just pitching it sort of. So each week it tells you say, oh, I'm free Monday, Wednesday, Friday. I wanna hang out with someone. And then it matches you with someone who's compatible and free at the same times.
Starting point is 00:39:51 You also say what kind of activities you're open to and it matches you like that. So it's like more of a sophisticated like sort of matching up than like meetup.com or something. So it's a good way for people to meet each other, which will be really valuable in the post-future when people are kind of separated. And it's something I wish existed
Starting point is 00:40:10 because I love meeting people so much. Additionally, if you are someone who doesn't love meeting people because you don't know what to say and stuff, there will be certain tools and games on the app where you set the phone in the middle of the table, you say, I want to do the conversation facilitator. And like it'll, it'll, like, suggest different topics to talk about every five minutes. So it's, like, never an awkward moment.
Starting point is 00:40:31 Well, you can't guarantee that, but never a silent moment. And then maybe, like, random little games you can do. So it just kind of facilitates friendship. And so it could be pretty cool. Like, if you move to a new city, it'd be perfect for that. So that is my, like, idea of it. Do you think that would be good to sell on an auction? How much would you sell it for?
Starting point is 00:40:57 I'd probably set the reserve. What do you think? What do you think? I would take $5,000? Okay. But if I did it as an auction, it might go even higher. Would you invest in it? Here's the thing.
Starting point is 00:41:12 Here's my thought of it. You making one video about it, that's really what you got to see that as. That's you sponsoring something. So whoever buys that, let's just say. They're getting a brand deal. they would want you to just make a video promoting something. So it depends how many eyeballs you can get on that. I think the idea is actually interesting.
Starting point is 00:41:32 I really do. I think it's fun. My only thoughts are developing an algorithm like that and making an app that's actually functional is insanely expensive. So it's not something that people can just do in their spare time for like a thousand box. Maybe if they're really good at coding.
Starting point is 00:41:50 But it'd be worth it, right? potentially then you get into the issue of first of all I don't know what the liability is if you get two people together and all of a sudden now someone steals something you invite them into your house and all of a sudden now the watches are gone or the artwork is gone or something you can do it why couldn't anyone else you'd have to look into that and just just just a thought of yeah yeah for sure because when you match people based on an algorithm you're you're my my thought is with with some of these dating apps is maybe it's a little bit more random they just they throw everything to together and it's up to you to say yes or no. Should I throw myself into this and just be like, okay, there are these things that, uh, that are definitely going to be challenges and so hard to overcome, uh, like, should I throw myself into that or should I, what I'm leaning towards, throw myself into my main passion, creativity and think, we'll see, like, if I threw myself into the other thing, I could get rich and then I could use that money to fund my creativity.
Starting point is 00:42:52 Here's the thing. I think the Friend Boom idea is interesting. I think it's going to cost a lot of money to set it up. It's going to cost a lot of money to run it. It's going to be very time intensive to make that successful. It's a fun idea. I think it could be something where people would be like, okay, let's make a YouTube video today.
Starting point is 00:43:11 Let's go on Friend Boom and see we link up with and film it. It's interesting in that sense. But if you're doing that just so you could do your passion, better to do your passion. I think smoothie madness, you could do way more. It would be way easier for you just make smoothies and not think about anything else. Just make smoothies. Here's the problem, though. I love making smoothie madness, but I'm worried about Corona.
Starting point is 00:43:36 You did suggest some very good alternatives, and I need to think of that more. So maybe I shouldn't suggest any problems. I should just process this. Just solutions. No problems. Only solutions. Okay. I would, if I were you, if I were you, the only thing I would do right now is tonight,
Starting point is 00:43:52 I would plan out, no, actually, here's what I would do. If I were you to, tomorrow, I want you to, I sound demanding, I want you to do this. If it were me, if I were you, tomorrow, I would make a video. I'd plan it out tonight. I'd post it tomorrow. I'd say something like, hey guys, I'm going to be making smoothie madness just me. This episode, what I'm going to do is I'm going to take the top five ingredients that you comment down below and that you like the top.
Starting point is 00:44:16 For like two days, I'm going to go and buy those ingredients. I'm going to make a smoothie out of it, and I'll let you know how it tastes. No matter what it is, as long as it's not poisonous to me, I'll blend it, whether it's steak, bananas, chocolate, whatever the top five are, you do it. It's going to get people really engaged in that video. And anyone who comments, especially with their comments on, they're going to be so excited that you go and make a video like this. That is a great idea. Can I do it not tomorrow? Because I want to put out the book tomorrow.
Starting point is 00:44:45 whenever you're ready. Because I don't want to put two videos out on the same day, right? Fair. You want to use the momentum that you have from Idubs, though? Yes. I mean, my only thought is the sooner you jump on it, the easier it's going to become to just get that push. You know, that's what I've always been.
Starting point is 00:45:02 It's just, I'm always on it. Like, as soon as I see something, it's just, you got to get it done. Got to get it done. It's just very, like, antsy. So I feel like the sooner you start, the more momentum that's going to build up over time. Okay.
Starting point is 00:45:13 It's my only thought. As far as the friend boom thing, I actually thought it was a really good idea. And when I saw your web page, I lit up because I thought it was such a cool idea, such a cool concept. I would be open. Anyone who wants to take that idea, you can take it and make it because I would like to use it. But also, maybe I'm going to make an auction guaranteeing a brand deal or whatever. Yes. I think if you don't mind making videos on it or promoting it,
Starting point is 00:45:47 then I think maybe it's sellable because people could say, okay, you're going to get X amount of views per video, certain amount of people are going to follow through there. And you get a website that's already been talked about on Graham's podcast. Exactly. So we're making the value go up. And then Dax is going to be on the other side on eBay,
Starting point is 00:46:05 just bidding it up to. Oh, no, I wouldn't do that. That's illegal. Oh, I know. I guess, right? What's up? That's illegal? Yes, if they catch you.
Starting point is 00:46:13 You have to catch you. Oh, that's true. I wouldn't do that. I believe you. Another thing. Okay. This was something that Ian suggested I talk about, and I thought it was great advice.
Starting point is 00:46:24 Now, I have about $10,000 or $12,000 saved, but I have more coming in through. That's money that I've saved because the unemployment checks have been a lot more than the restaurant I was working at. So I have that saved up, which is awesome. but I have even more coming in through book sales. Also, T-shirt sales. I don't know the numbers, but I think that should be a lot. So I might come to a point where I have $30,000,
Starting point is 00:46:57 maybe more. What should I do with that money? How much do you spend every month? Like $2,000 a month. How does that break down? How much is your rent? $1,366. That's good for L.A.
Starting point is 00:47:12 Mm-hmm. That's good. And what about like car payment insurance, gas? I think that I, I think everything comes out to like $1,600 or $16.50 and then I just pay for food and gas. Or $16, yeah. Okay. So $2,000 a month. I don't buy anything. I don't go anywhere right now. I'm just in quarantine. So yeah. Like, that's pretty much the minimum. Okay. Okay. Yeah. What about before quarantine? So I could live for, if I do get up to $30,000, I could live a full year without working. I could find. a job way better than the sushi restaurant I was at because I worked at sushi for a bit after ice cream.
Starting point is 00:47:47 And that would be awesome to not work that long. Plus, in that time, I could develop smoothie madness or any other ideas. So it's a really lucky, fortunate thing. And also, thank you to everyone who is an essential worker and everyone watching. Good luck. And then, yes. So before quarantine, about the same. I don't really spend a lot of money on stuff. What do you think? Just like max out or off IRA? Ah, yes and no.
Starting point is 00:48:22 Okay, so what's your income going to be like when unemployment goes down? I'll have no income, but I will have hopefully these book sales, in addition to the book sales I'm already making, and hopefully I can do something with smoothie matters. Okay, so my advice would be because your income is inconsistent right now. And you don't know if it's going to be $0 a month or $5,000 a month or $4,000 that we don't really know quite yet. What I would honestly do is I would probably caution you against investing that money right now. I think that's your safety net.
Starting point is 00:48:56 That's your fallback. And you need that money available to you. I think if you were to put it in the market and all of a sudden, the market takes a tank tomorrow. It goes down 5%. It keeps going down for the next few months. And now your $12,000 is worth $8. I think that would put you in a really delicate position that you don't want to be in. The only thing I would do for you right now because you have six months of your expenses.
Starting point is 00:49:17 That's good. That's your emergency fund. So what I would do is take that... A year of my expense of potentially, eventually. But I would just count what you have right now. Yeah, right, right. So you have six months worth of your expenses saved up in cash. Where is it sitting right now? Just the bank.
Starting point is 00:49:31 What bank? Well, actually, I don't think don't know what bank. Is it a high interest savings account? My social security number. Yeah. What? Is it a high interest savings account? It's just some normal account.
Starting point is 00:49:42 I have like, I have like a check, two checkings and a savings, and I just use them interchangeably. You could tell us the bank, and we'll just bleep it out. The bank that you're banking with, I have an account with them, too. Ooh, we also have the phone call for you to do. Oh. If you wanted to, we'll get to that in a second. I have the same bank as you do, and I use that just for my checking account. I think this bank, I won't mention it, guys, but this bank for a checking account is fine.
Starting point is 00:50:10 I would not keep with them more than like $2,000. I keep one month of your expenses with them. Open up an account with Ally Bank. Totally free. Tonight you should do this. They pay 1% on their savings account. So you're going to get a totally free bank account. There's no minimums.
Starting point is 00:50:27 There's no hidden fees. There's nothing. You get 1% in your money because where you're getting right now is like nothing. You're getting like 0.01%. So now you could get 1% on let's just call it $10,000. $12. You know? So you'll get an extra, what is it, $100 box?
Starting point is 00:50:43 Yeah. $10 a month. Yeah, so basically you'll get like $8.10 a month. That's good because my bank charges me like $5 a month fee for each account or whatever. Don't do that. No, no, they're a horrible bank. Alli Bank. That's where I have like the majority of my money is with Ally Bank.
Starting point is 00:51:00 I like them a lot, totally free. Do that. Okay. Get in a habit. That's your emergency fund. What you could also, I was about to say you could put some money in a penalty-free CD. applicable to everyone. It is. Yeah. You could also, part of me thinks that you could put your money in a no-penulty CD where basically I would recommend you put like five grand in there. It's a no-penalty
Starting point is 00:51:20 CD. You're going to get just below 1% of interest, but you could take the money out at any time. You get to keep the interest. Interest rates might go down. So it's kind of like you're betting. I would probably just say take the 1% right now, open up a high interest savings account really easy, keep the money in there. If you make more money, then what I'd probably do, is just put in, let's say you get to 30. I would probably take your 12, I beef it up to 16. That's eight months of your expenses because your income is going to be variable.
Starting point is 00:51:50 So just keep no matter what, eight months of your expenses in cash, just sitting on the sidelines. Anything over that, I would just max out your Roth IRA. Okay. So open up a Roth IRA with, you could do like Charles Schwab, Fidelity, Vanguard, they're all free,
Starting point is 00:52:04 and just do VT Sachs. It's just a broad index fund. I have no clue what that is. but I just like trust your opinion it just seems seems like a good like it's you know your stuff you got these million subscriber plaques it's a safe investment it's it VT Sacks is basically it you're betting on the entire stock market basically so it's an index fund that covers everything out there for the most part so you're betting well not even betting you're investing with the expectation that over the long term the price of
Starting point is 00:52:35 that and the businesses are going to be expanding and growing and making more money and the is going to be increasing. Typically, historically, a fund like that is made about an 8% return. Oh, wow. That's good. Over 20, 30 years. So some years you're going to lose money. Some years you're going to make way more than that. Can I take it out whenever I want?
Starting point is 00:52:53 The Roth IRA is this. So the way a Roth IRA works is that you can contribute. So basically you could put up to $6,000 a year into this account. And you could take out what you put in. So if you put in $6,000, you could take it out. But once it's out, it becomes
Starting point is 00:53:09 very difficult to put that money back in. Okay. And you could only do $6,000 a year. The other thing is that, let's say, your $6,000 grows to $6,500. You know, you have $500. That profit has to stay in there. Otherwise, you pay a 10% penalty, and you have to pay taxes on that profit. So my recommendation would be whatever money you put in a Roth IRA, that's your fallback,
Starting point is 00:53:35 that's a bit of your retirement fund. So you just put it in there. you don't touch it. You don't look at it. And ideally all you do is $6,000 a year in the Roth IRA and VT Sachs, and you don't look at it. You don't touch it. And then at the age of 59 and a half, all the profit you made within that account is going to be tax-free. So ideally, $6,000 a year over 30 years and an 8% return works out to be, I think it's about like $800,000 or $900,000, over 30 years. I think that's correct, man. Did you got to be 60 to get it?
Starting point is 00:54:08 You have to be 60. So you could pull out if you need to, whatever you contribute. So if you're doing $6,000 a year over 10 years, you have $60,000 in there that you could take out at any time with no penalty. But then the profits, you've got to wait still. Right. But the profit you have to wait. Otherwise, you pay taxes on the profit and a 10% penalty. Okay.
Starting point is 00:54:28 Ideally, you never take money out of it before 59.5 unless it's a dire emergency unless you really need the money. And there's no other options. It's either like I'm being homeless or I take money of the Roth IRA, then do it. I think I'm going to have to rewatch this part when you post it. Yeah. Because it's, I'll have to write everything down. I have a video on this. It's just if you, if you YouTube Roth IRA, Graham Steffen, my video will come up.
Starting point is 00:54:55 Okay. Awesome. But yeah, that's all I would recommend for you. And I think your most important thing is just keeping cash on the sidelines. In case something happens, in case your income goes down, in case it takes you a long time to get a job. you have something to fall back on that's going to last you eight months great free advice thank you there you go you're welcome i have one final question okay because i've gone through all my questions cool would you be willing to include a link to an auction if i did auction for end boom in addition
Starting point is 00:55:23 to the link to the book and would it makes sense for me to start the auction at five thousand dollars no okay i'll agree you would include the link we'll do the link we'll do the link we'll include the links So we'll do that. And the book. What's up? Oh, never mind. I'm being greedy. You let us know the links you want put in the description.
Starting point is 00:55:41 Happy to support whatever. I would not, God, I would not recommend putting the reserve at 5K. Here's the thing. Not a reserve. Start it there. What's up? Start the auction at 5K. Start it at 5K.
Starting point is 00:55:53 I would. How much do you, how badly do you really want to sell it? Like, is this something got... I'm not going to do anything with it otherwise, because I got so much on my plate at the moment, and I want it to exist. So I'll just sell it. I'd just sell it. Would you sell it for $3,000?
Starting point is 00:56:11 Sure. What about like two? Are you thinking about buying? No, no, no, I'm just saying like, if you want it to exist, you know, maybe just have like a low auction because you don't even...
Starting point is 00:56:29 Yeah, I'll start it at $2,500. Okay. I would... Like, I don't want to tell you that. But also, would I be taking advantage of someone if I started it there? Because this is your viewers, I'm advertising it too. I don't want to take advantage of it.
Starting point is 00:56:41 It depends who sees value in this. Okay. Yeah. That's all. If someone really wants to pursue it, I mean, my thought is this, okay? The idea is already out there. Yes. My thought is if someone likes the idea.
Starting point is 00:56:53 You believe in my career is what we're asking them. Because if you have a guaranteed brand deal from me and my career is on the rise. So, but really what they're paying for is your endorsement. and you to make a video. It's just, that's really what we're the value. At whatever time they choose. But maybe after five years, it expires. And I won't do it if they turn it into some scam website or something.
Starting point is 00:57:16 Then I'll void the contract. Then it becomes complicated with contracts. No contract. Just a trust system or whatever. Realistically, I think your time is best spent smoothie madness. And that's, that's really. Like, focusing on the friend boom thing right now, even creating the listing, it's just not like a proper.
Starting point is 00:57:36 use of your time and I just don't I'm not confident that it would pay out but I don't want to like I'm not encourage you to do what you want. I'm thinking the only way to do that if you want it to sell it is just a clean break is just like listen like two three grand or whatever it might but whatever someone pays whatever gets bidded to two three grand or
Starting point is 00:57:52 whatever and you will do one video on it or something like that because otherwise if you just do the friend system let's just say this this app blows up and then Google buys it for a billion dollars you're like wait a second we had a friend thing we had a friend agreement he's like No, we didn't.
Starting point is 00:58:07 Then it starts getting weird and then all of a sudden, you know, I would just do a clean break, be very upfront with the expectation that like, listen, I'll do one video on this. If you want me involved, I'm willing to do it for a set price. Yeah. But that's my involvement. And that's the good way to do it. And then for my own sanity, say like, you know what? Like I have other things I can focus on.
Starting point is 00:58:25 I hope this gets made. I hope it sells for a billion dollars eventually. But for now, like I'm not going to pursue that because I'm going to pursue creativity instead. Yep. Yeah. But this might be 10 years from now, they say, look at the moment that he lost himself a billion dollars. I'll go back to this video. And he sold, he sold the idea for 2000.
Starting point is 00:58:46 Mark Zuckerberg buys it. How important is it for you to have a lot of money? Oh, it's great, because then you don't have to work at an ice cream shop. You don't have to do anything. And you can just do creativity and stuff. I guess I don't know. It does add more pressure, though. I will say the more you make, the more pressure there is to continue that moment.
Starting point is 00:59:04 Because then you don't want to waste it. Then it's like, oh, you built this up to be this thing. And now it's like, you don't want to throw that away. And you realize, too, the more you make, you realize it's like you're in such a fortunate position that like, why would you want to discontinue something like that? That's a good point. It adds a bit of a complication to it. I think I'm pretty good at. Like, I think I'd, like, if I made like a million dollars and I said stick around another year, you know, make another million.
Starting point is 00:59:31 But it's like, oh, but instead I could go do this movie project. I think I would do that movie project. You do the movie project. Once I get that certain amount where it's like, oh, okay, now I can set up the next part of my career. Have you thought about how much that would be for you? No, but that's a good question. So I'll tell you how to figure that out. Okay.
Starting point is 00:59:49 How do you like your current lifestyle now? Let's say... It's great. I wouldn't change anything. I think I would like a little bit of a bigger apartment. But actually it's not that important. Like, that's not that important at all. so everything is fine
Starting point is 01:00:05 like money wise like yeah do you want yeah I would like to take more trips but that's not even a factor right now yeah do you want a family one day do you want to have like like kids or anything like that that's not that I know of like maybe someday I would but I don't have any goals
Starting point is 01:00:19 like aspirations child wise or whatever okay a million bucks I would say probably less than a million so so for you to be able to spend $2,000 a month yeah but indefinite let's even bump that at the $27.50 a month for you to spend that. That's enough, right? That's 500 months.
Starting point is 01:00:40 So what I would do is 2750 times 12. So you're spending $33,000 a year. Okay. What you're going to be doing is basically for that money to last you indefinitely, in an index fund portfolio, you could spend about 3% of that every year without ever running out. So what all you do is you take your annual spending of $33,000, multiply that by $33,000. and we got almost 1.1 million bucks. So if you could get yourself to $1.1 million, you could basically guarantee that you will get $27.50 a month
Starting point is 01:01:15 for the rest of your life without ever running out of money. Whoa. So that's how much... So I have to make a million dollars to just be set for life. $1 million would pretty much give you your current lifestyle. The reason behind it is that you're investing in something. whatever you're investing in is growing. And then if you withdraw a little bit of what it's growing each year,
Starting point is 01:01:39 it can continue growing and you could be spending the money that it's making. So it will continue growing. You're never actually, you're not actually decreasing what you have as the saving or from what you're withdrawing from. You're never decreasing that, but you're just taking a little bit of how much it's growing. This is crazy information to learn.
Starting point is 01:01:57 Yeah. This is how people are tired. They don't teach you in school. No, they don't. So I got to make a million bucks to be set for life. I would say one. So realistically, it's 1.1. It's like a million 89 or something.
Starting point is 01:02:09 Let's, we'll have grounded. A million one. That's if you want to live off 2750 a month, which is more than what you're currently living off of. Oh. Yeah. If you want to do $2,000 a month. Let's just say a million.
Starting point is 01:02:20 Yeah. A million. It's got a nice ring to it. Yeah, $2,000 a month, $24,000 a year times a year. The least you could do is $800,000. So here's what I'll do. I will. list that auction and see what people come at me with.
Starting point is 01:02:34 No. Yeah, I'll do that and I'll say also email me if you want an alternate thing. And if someone emails me a better offer, I'll cancel the auction. Okay. That's good. And like this way it's just open to the world. And also, yeah, yeah. Yeah.
Starting point is 01:02:53 But now at least you know. That's how much money you really need. And if you could make $2,200 bucks a month and doubt that you could focus on whatever you wanted to do. Yes. And not have to worry about rent or, you know, food or anything like that. You keep exactly. But the problem is if, let's say, you want kids one day or you want a nicer apartment or something, you know, you need a nicer car. Then all of a sudden, now you need some more money to pay for it on the back. Which maybe as you grow older, that stuff will start to like be like called to me. I've, yes. So what I've thought is that generally over time, you end up
Starting point is 01:03:28 spending a little bit more money because you want some more options. Usually, for a lot of people, they're not going to be happy just with the exact same thing over and over and over again. They like to see that they're coming up in life, that they're increasing. It doesn't have to be like from a shack to a mansion overnight, but it could be, you know, you're in 400 square feet. You want to treat yourself down to 450. You'll do that for a few years.
Starting point is 01:03:52 You want something like it. It's a Sisyphus. It's what? Sisyphus? You push a boulder up a mountain or whatever? Never heard of that. Oh, is that the guy that's in like... It's like some Greek thing.
Starting point is 01:04:02 Some Greek... Yeah, it was his punishment. But it's like you never get there. So you have to just like... You're never going to get there. No, no, I mean, that's human psychology. It's the... Why am I blanking?
Starting point is 01:04:13 What's it? Hedonic. The hedonic treadmill. Okay, that sounds like very similar. Exactly. So you're never going to get there. Like a hamster wheel. It is a hamster wheel because, well, two things.
Starting point is 01:04:23 One, rat race. Yeah, hedonic treadmill. So you're always going to stay at your same baseline, no matter really what happens. But the other thing is that we as people want to continually progress. So to feel good, a lot of people will need to see them doing something, moving towards something and not just staying still. So you have a mix towards feeling the same way long term, but still needing to progress and do a little bit more and feel like, you know, things are improving in your life. So it's a weird mix between the two.
Starting point is 01:04:53 That's a good, that's a great analogy. That's like a great, yeah, just a bit of advice. bit of advice. Yeah. So I just caution you that what you're spending now, I think at some point, maybe not. You could very well just be like, you know what, I want to move to Colorado. I could live in a camper. I mean, they increase my rent every year also, so I will need to be making more and more.
Starting point is 01:05:15 So, like, naturally, I will need to figure things out. But I'll just look at like Friend Boom, wealthy influencer as an experiment. I'll throw it out there. Maybe something amazing will happen. and it's just an experiment. So whatever happens happens, my main passion is going to be these other things. Smoothie Madness, I put out this book,
Starting point is 01:05:35 maybe I'll write another book. I have this podcast thing that like someone asked me to make a video for. Hopefully that works out. And then that's where I'll focus my energy. And I'll keep in the back of my mind this thing you've taught me about, make a million dollars. You're pretty much set for life. You will need to make some adjustments,
Starting point is 01:05:52 but pretty much you're set, at least the baseline. So I'll keep that back there, remain open to this looks like the next opportunity that could bring me that. And here's the thing. When I made Indoor Garden, my invention, it didn't work out, but I made a documentary. When I made Wealthyinfluencer.com didn't go as planned, still could, but I have that book to show for it. What will come a friend boom? A billion dollar website app? or a documentary or nothing, you know.
Starting point is 01:06:31 It's just an experiment. I'll learn. If you go into things and you say, I'm going to learn, that's the way to do it. I agree. And a million bucks, by the way. Keep in mind, you don't have to be like, what's the next idea, just like get it as soon as possible. That could be over 20 years. I mean, that could be investing, you know, $700 a month.
Starting point is 01:06:50 Yeah. I would like it as soon as possible, but everyone would like that as soon as possible. It's true. How do you make the world a place where everything, is automated and no one has to work. We should, we could ask Andrew Yang. Universal basic income. Which we're getting somewhat close to you.
Starting point is 01:07:08 I don't know anything about universal basic income or whatever, but that would be the cool. No, like, I mean, some people like doing waiter jobs and stuff, but I would prefer not to. And I bet a lot of other people would. So that's what we got to figure out. But in the meantime, you can make things like friend boom, wealthy influencer. keep going. Yeah. Whatever.
Starting point is 01:07:30 I like that you made good use of the time while you're at home. And you're working towards something. I think that's a lot more valuable than doing nothing or just sitting around, moping around, being bored. You have something to show for it. That's true. But also, if you're at home and you didn't do that, it's okay, right? Like not everyone knows what to do right away
Starting point is 01:07:51 because there's definitely been times where I didn't know what to do with my time and didn't do anything productive. So someday, if you want to write books, you'll be doing it too. Yeah. Are you making money on YouTube right now? Oh, well, I usually make like $50 to $100 a month. This month, like $1,000 because that documentary came out.
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Starting point is 01:08:47 You need to post more on YouTube. Yeah, if you can have a set schedule, you could actually be making a decent amount just from that. You need to, I mean, I don't see any reason why you couldn't be making. a good point. The only thing is I don't have enough ideas to do it regularly. And so I like whenever I put something out for it to be exciting and impactful and people notice like, oh, it's a new book. Because if I just posted a vlog, but I actually am filming a vlog. That's why I filmed you when I first got here. Yeah. Because I want to make a 20 minute vlog that's called July vlog. Just because it was such an interesting month for me. So that will be an experiment. And maybe I will start posting more.
Starting point is 01:09:24 Maybe I'll start having more ideas. I'll tell you, I have the ideas here. Your next big video, I think you can get 50 to 100,000 views on this, is responding to the comments of your video of Ice Cream Man. I'll incorporate that into the next movie madness. I would know. I think that's a good standalone video.
Starting point is 01:09:42 Okay. Answering comments. Or you just title the video, answering the haters. Responding to the haters. Seriously, that's it. Because people love that. What if I made one called this ones for the haters?
Starting point is 01:09:55 haters. No. Just responding to the haters, all lower caps. Make it dramatic. Yeah. Yeah, all lower case. Just responding to the haters period at the end. You could do it to the Jubilee video as well. What? You should also react to the Jubilee video as well. Okay. Yeah. A couple of reaction videos. Yeah. Maybe give a little bit more of an explanation on why you chose blue and, yeah, reacting to the comments and stuff. Yeah, I like, yeah, responding to the haters would be one video. The next. video talking about smoothie madness and my response would be this don't listen to the haters it would be it's good we need a long we need to get it to 10 minutes though so we put mid roll ads in the videos so what i would do is go through all the comments you could read the nice ones
Starting point is 01:10:42 but if anything is is bad respond to it and just and just you could that's going to destroy me would it you don't do it okay yeah if you're able to take an approach to it like it's comedy and you're able to look at this objectively and think like this is a stupid comment let's roast them let's make fun of it and you turn it into a lighthearted video then maybe I respond to hate with positivity and I use it to teach a lesson but I'm better at teaching lessons and books and stuff but I can write it out beforehand maybe yeah I think it's also important though that you know yourself and if you think that if you will see comments like that and they will ruin your day they linger then don't do it okay okay don't do it then okay because yeah
Starting point is 01:11:25 For me, when I first started reading those negative comments for me, it destroyed me. I mean, they would ruin my entire day. Now I am at the point, it doesn't really matter. No negative comments on this video. We got such a support. No one's going to say any negative. But otherwise, we will dislike your comment. Or constructive criticism, welcome.
Starting point is 01:11:46 But that's just my message to everyone. Like, let's be more positive. Okay. Then don't do the responding to haters. Because, yeah, you know yourself if you're going to get to the point where it's, I could do it for the clicks, but probably should put it aside and just focus on smoothie madness. Yeah. Smoothie madness is the way to go.
Starting point is 01:12:03 Yeah, I agree. I like smoothie madness. So just quickly, let's talk about your features in like mainstream films. Are you still collecting royalties from those? Yeah, I get checks for like 200 or 300 bucks like every few months from those. but at one point I got like a check for like $12,000. That was like in 2013 or something. And I didn't even know it was coming.
Starting point is 01:12:30 So that was amazing. And so that's why, well, I don't want to sound like I only care about the money, but that's one of the reasons why I need to get more acting work because it pays so well. It's just so hard to get. But I also just love doing acting. But now I've found other outlets for my creativity. We've got documentaries, books, smoothie madness, and even business stuff. Like when I was creating wealthy influencer.com, I was so, like, inspired.
Starting point is 01:13:02 And, like, it was because I was realizing this vision. I wanted to create a website that was simple and easy to use. And was it very intuitive? Decently, so it was a little... And did you look at the courses at all? Yeah, we watched some of the videos. Cool, cool. It was a little, like, where to go next.
Starting point is 01:13:21 I was expecting a buy it now button. Well, here's a what? Like a buy it now. Like something I had to purchase. Oh no, nothing is for sale. It's all free. Yeah. It's like free to use website.
Starting point is 01:13:31 But it doesn't have a tool section developed yet. Once it has those, then it would be like something I would return to and keep using. And I really love the community. Someone tried to impersonate me on there. So I do not use the community on there. If you ever see someone posting as me, it's not me. Can you just delete them? Yeah, I deleted it.
Starting point is 01:13:49 But I don't want to look at it that often. So if you see it in the future, it's not me. But also, I don't know how I got there, but... Yeah. Yeah. Yeah. Are you able to share how much you made from your movie appearances? Yeah.
Starting point is 01:14:06 Like, $30,000 or $40,000. I just talked about it on the H3 podcast last week. So you made $30,000 or $40,000 from Project X and 21 Jump Street? Mm-hmm. How did you get those rules? What was it like? Did you know somebody or you just responded to an ad? It was an open casting call, but I had a manager.
Starting point is 01:14:25 So I had this one manager, ditched him. Well, he ditched me. He fired me or stopped working with me. Got this other manager. He told him about this open casting call. Project X flew me out. They cast me. Easy.
Starting point is 01:14:39 First audition. So lucky. Second audition. I almost got, but I didn't. Third audition, 21 Jump Street. Got it. So lucky. Luck is a big part of success.
Starting point is 01:14:51 Y'all are both successful. Do you agree? Yeah. It's not everything, but it's a vital thing. Ian didn't have to make that documentary about me. If he had not made it, I would probably not be here learning about how I need to make a million bucks, learning all this great advice. I might be on unemployment.
Starting point is 01:15:12 Who knows? Maybe I would be in a movie. Who knows? You never know. But there is an element to that, though, where, you know. you had a lot of work that went in leading up to that. Yes. It is not the only thing that leads to success,
Starting point is 01:15:25 but it is one of the vital ingredients. So what was the question? That's a good question. What is the question? Yeah, what is the question? I just asked how much you had made. Oh, and then I was asking about the audition process. Yeah, so you got so lucky getting into these movies,
Starting point is 01:15:45 and then it didn't pan out afterwards. I didn't get into as many movies afterwards, which is fine. I'm not saying it's because of bad luck. That wasn't my point. But I got really close to being in this Ryan Gosling movie. And I got really close to being in this We Are the Millers. Yeah, didn't. But, you know, I'm happy with where I am now.
Starting point is 01:16:06 We'll see what happens next. Is there anything you would have changed? Are there any regrets for you look back and you're just like, I shouldn't have done that? I don't think of that. I don't think of that. It's probably helpful in some ways, but mostly it's not helpful. Sometimes I think for me, I'll look back at things I wish I could. it had changed or done differently.
Starting point is 01:16:24 And then just internalize that and thought to myself, okay, well, at least I could use that as a learning experience. And make sure, you know, in the future, if that situation comes up or that opportunity presents itself, now I know. Perfect way to look at it. That's kind of how I see it, yeah. That's great advice.
Starting point is 01:16:38 When you first started out on YouTube, who were some of the most prolific creators? Smosh, Lisa Nova. Yeah. Hmm. I don't really like to think about the old, days too much oh anyways okay what do you what interests you what do you like talking about big ideas what's next or even small things I like to talk about
Starting point is 01:17:05 nature walks hikes what would be your favorite activity to do if you could pick anything that you could do going for a long walk okay oh and creativity how long two hours quarantine has given me a lot of time to go for walks it's been really good for that And I'm lucky that I have the unemployment coming in. Yeah. Well, I don't think I will anymore now that I have other money coming in. I'll have to report it and cancel the unemployment.
Starting point is 01:17:34 Right. But that's okay because it'll be more than unemployment would have been. Where do you like to walk to? Everywhere. I love discovering new places, like places I haven't ever walked before. Through quarantine, I've discovered so many nooks and crannies in my neighborhood. It's odd, but now I feel like going on a walk. Yeah, I know.
Starting point is 01:17:53 Like you talking about your excitement makes me be like, there's so many places. Like I would love to go on a walk right in it. Yeah. And I haven't been able to do it so much this week. That's why I think that I couldn't sleep out because I've like, instead I've had all these ideas going. And which is exciting, but you've got to balance it out. Gosh, I want to go on a long walk. Just like nothing in particular, just walk.
Starting point is 01:18:17 We can do that tonight if you'd like. I don't know. No, no, I'm good. I've got to cook dinner. Good dinner tonight. Would you consider yourself more introverted or extroverted? Introverted. That's why I like walks.
Starting point is 01:18:32 Do you think would you like a walking partner? Like someone to walk with or you prefer to walk alone? But I like both. I like both. But yeah, if you had friendboom.com, you could go on, what do I want to do? Go for a hike with someone. And you go for a hike with someone who has a nice, compatible personality. What would you do if you didn't like the person after 20 minutes?
Starting point is 01:18:50 Like you start on the walk. There should be like an ejector button. No, no, you've got to be nice still because then you just have to use your social skills. So you would just, can you get ratings? Like, can they have like a public rating? Not a public one, but you can report on your experience. So front boom can improve its algorithm. So if someone has a whole bunch of negative, they stop recommending.
Starting point is 01:19:15 Yeah, they stop pushing it. They shadow ban the person. That way the algorithm could like navigate, like, how to adjust itself so that it like knows to like, okay, we didn't succeed this time. Let's do it better next time. And then if a person cancels the hangout and doesn't report it, they get suspended from the platform.
Starting point is 01:19:31 I would agree. Imagine putting two low ratings. Yeah, that's what they would do. They'd put the lows together. It wouldn't be a five-star system. Also, I think your battery's low. Oh. Friend Boom would.
Starting point is 01:19:44 Adjust its algorithm. And you wouldn't give ratings on a five-star system. Actually, I shouldn't talk about it anymore. I'll seem like I'm just going on and on. I don't want it to be too pitchy or anything. It's not pitchy. But yeah, okay, cool. So it wouldn't be a five-star system.
Starting point is 01:19:57 It would be more, were you compatible or not? What would you look for instead? So it's not rating a person numerically. It's rating the algorithms match abilities. And the algorithm learns from that. Ideally, it doesn't exist yet. I would probably do the same thing. I think if I were matched with a friend to go on a walk and after 20 minutes,
Starting point is 01:20:16 it's just like, I'm just bored out of my, I'd probably do the walk, finish it off, and then afterwards, It's, that's an awkward, then it's awkward at that point. Like, hey, man, I don't know if we can go on another walk after. Unless it was terrible. Unless it was like a really, really, really bad time. You're looking at the worst case scenario. Yeah, I mean, I don't know if that would ever happen to the point where like.
Starting point is 01:20:35 You just ghost them. Like the messaging should be on the app. Okay, look, that's why you can't launch this until the personality rating system has been thoroughly bedded. Yeah. That would be interesting. Yeah. Very sophisticated personality rating system. Or personality.
Starting point is 01:20:50 not rating a personality test. Yeah. It's almost like you're making a dating app just for friendship. Yeah, but also with games involved and stuff. And do you want to hear about the business model or should we wrap things up? Let's hear about the business model.
Starting point is 01:21:06 Freemium. So it's free to use for the most part, but if you want to unlock certain games, then you pay to use those games or if you want to match with like up to, if you've already done like used five matches like in a week and you've already done five hangouts, then you have to pay for your six, seventh, et cetera.
Starting point is 01:21:22 So everything after five you pay for, you pay for the games and stuff, and then additionally, you gamify the whole thing, so people want to keep using it. So you can somehow have leaderboards and stuff. I don't know how you would do that, but maybe there's some way to gamify it.
Starting point is 01:21:37 Most hangouts. Yeah, or I mean, that might not, that might not to say the most, like the most people you've hung out with. Yeah. And you call it the most home. I don't think that should be, I don't think it should be like
Starting point is 01:21:50 you should be a contest of who can hang out with most people because that's like the wrong. Sorry, man, we gotta wrap this up. I have another hangout coming over. Oh,
Starting point is 01:21:58 oh, okay. So, so, but yeah, yeah, like some other way to gamify it. Yeah,
Starting point is 01:22:06 that's interesting. I'm thinking like five people is a lot. Five people to hang out with. Five people in a week. Yeah. You should do it. Everything after three hangouts, yeah.
Starting point is 01:22:15 You pay four. Something like that. advertising is where I think a good amount of yeah advertising we'll play advertising like here's here's where I think like ways could make a lot of money is like you know you you
Starting point is 01:22:29 pick your destination and they would give you businesses along the way that'll offer you discounts and stop this is perfect so you team up with Yelp and you say hey you want to go to a restaurant they want to go to a restaurant are you open to vegan then it lists what's on Yelp
Starting point is 01:22:45 and the rest of yeah so you partner with these things. And you do it also, if it's not Yelp, whatever rating place, you do four star and above only. So you know that you're not just sending people to some bad place.
Starting point is 01:22:58 It's been thoroughly vetted. Yeah. Yeah, I agree. I think that would be, that would be, it's tough to then make, like, individual deals, all these, like,
Starting point is 01:23:08 little restaurants. You know, it becomes complicated. But making an iPhone is complicated. That's true. But that's also a, like a, Well, I don't even know 10,000 person man production. Like it's...
Starting point is 01:23:21 Oh, the work right. But not when it was just an idea. It wasn't. Yeah. Steve Jobs. So I'm saying this not to say I'm the next Steve Jobs, but if someone is hearing this idea and wants to make it, don't be scared of the complications.
Starting point is 01:23:36 It can happen. Exactly. And that goes for any other venture you are thinking of embarking on. I'm not just saying that to get people to buy my site, saying it to inspire people. people to do whatever you want to do. And also, this site might not even sell. I hope I haven't been too pitchy.
Starting point is 01:23:53 You have not been pitchy. Because, yeah, I'm really excited about these other things, too. See, we could tell. There's a difference between trying to pitch something all the time. I don't even feel tired anymore. And, yeah, exactly. And being excited about something like that. Okay.
Starting point is 01:24:06 Yes, good point. Good point. So totally different. I think people can pick up on that. And when you're pitchy, people... Like, if I kept asking you to invest in it, then it would feel weird. Yes. Yeah, but no, it's totally fine.
Starting point is 01:24:17 Do you have any questions for grammar I? Oh, I already asked them. I already asked all the questions. Is there any other thing, anything else you're confused about or anything else you want to know? No, no, I'm just going to rewatch this video later. I'll ask, I'll seek out the timestamp where you talk about Roth IRAs and stuff and try and absorb that information better. Okay.
Starting point is 01:24:41 Because, yeah, that's perfect. If only everyone had this opportunity to have life recorded. because then you don't have to worry about forgetting things. Part of me wishes you can always just have like a body cam that's turned on. This is as long as a whole movie. Yeah. I would love that though. Like I wish at some point, like there's a little like a contact you could put in your eye.
Starting point is 01:25:03 It's always recording. Like everything and it's being uploaded to a cloud. And it picks up audio perfectly too. But someday that will exist. I would love that. And then if you forget something or you're curious of, You could pick the day and the time and you could go back and rewatch from your perspective what's going on. I kind of always thought that would be what it would be like after you pass away.
Starting point is 01:25:26 See, the reason I don't try and create that is because I'm not passionate about that. That's why I'm creating these other things because I'm a little more qualified. But you were saying that's what you think it's going to be like when you die. That's interesting. I think it's a good perspective because then it makes you think that you should make the most out of your current life. So when you do pass away, you can go back and enjoy the fruits that. Here's maybe my theory. So I have a few theories on this.
Starting point is 01:25:51 So it's like a big movie theater after you die and you just watch the whole thing? No. Right. Is that we say? No, you'd probably be able to like assume the, like the movie click. Like fast forward and stuff. Kind of will you be like in your body? Like you can like you can send yourself to be yourself in that specific time.
Starting point is 01:26:11 It's not like you're watching it. So you can really just certain moments. You relive certain moments, yes. I'll tell you what I think. I've got so many theories about this. Part of me believes there's a chance that you just keep reliving your life over and over and over again.
Starting point is 01:26:25 Like the moment you die, you just show up again. You're born again. And, but you have, I guess, a little bit more wisdom or you have some, like, sometimes people have intuitions about certain things or they have, like, they have these strong feelings towards or against something. Sometimes people have, like, fears about something
Starting point is 01:26:44 that are irrational, but they're really, you know, so I think maybe we go into each life with just a little bit more wisdom and can better improve ourselves through that. I've also thought, what happens if every single time you come back as somebody else? But then you get... That makes more sense. But then you get into the perspective of, well, how many thousands of millions of years has life existed for?
Starting point is 01:27:09 What if you come back as every single life form? Like, one time you might come back is like the ant that's outside. then another time you might come back as the aunt that's like 300 years old one life I come back is my mom let's just say and you could relive it was a weird one but you would remember that you were Graham what's up you would remember that you're Graham
Starting point is 01:27:28 no because that wouldn't make sense I'd remember your no you wouldn't you wouldn't remember a single thing but you just get to live the life of somebody else you don't believe in karma or you do I do I do when I don't I mean I believe what goes around comes down. I really believe that if you are a negative person, if you're mean, you will generally attract more of that. And life has a funny way of getting what you put out. So I believe if you're a bad
Starting point is 01:27:58 person, if you screw people over, you will find a way to put yourself in positions where you will experience that too. Yeah. What do you think? I don't know. Yeah, I don't know. I like to think that When I'm upset, a really upset, it often comes down to me feeling bad for myself. So something unfortunate will happen and I'll sit there and be like, oh my gosh, I can't believe this happened. And I'll start ruminating and thinking about it over and over again. And it makes it worse. But if I can twist a bad event into some sort of like learning event or I can think, well,
Starting point is 01:28:32 this only happens every once in a while or I can try to have a more positive spin on it, it makes it better for me. Oh, here's a great story. We could end on this. I'm going to butcher this story terribly, but it goes perfectly for exactly what you're saying. There was this old story that went out there that was about a guy who lived on a farm, and his horses ran away. And the neighbor said, wow, your horses ran away. That was really bad luck.
Starting point is 01:28:58 And the guy said, we'll see. The horses came back a week later, but brought back more horses with it. And the neighbor said, wow, that was really good luck. And he says, we'll see. then his son is working on the farm and breaks his leg and the neighbor said wow that's really bad luck and the guy said we'll see and they came in the army came in shortly after that to draft people for the war and the son's leg was broken and so he wasn't drafted and the neighbor said wow that was really lucky and the guy said we'll see and so it really just depends on your perspective on things and
Starting point is 01:29:35 even though a bad event might happen now you never know how that will turn itself around into a really fortunate events in the future. Exactly. Sometimes that, yeah, thank you. Thank you. I thought that was poetic. We'll hit the like button for that one. But seriously, though, when you look at really bad
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Starting point is 01:30:32 Like killed you. That would be very, you would say that would be very unlucky. Yeah. And then hope that you get reincarnated. The thing about that is for the people that, you died. So the people who are left are super sad. So maybe them, they learned that lesson you were just in Bart. I like to think if you do end up ending someone's life,
Starting point is 01:30:54 there is, like, there's something missing in you and you can't really live a fully fulfilling life after that. Or you just, you don't get to enjoy the real fruits that life. My point is more like usually everything has a silver lining. I guess I was playing devil's advocate. But in a way that was like, I don't know why I said that. I think, because you're making a very positive point, but it just popped into my mind. It's a good. And the other thing that popped into my mind is like, just put a, like, this is more missing the point.
Starting point is 01:31:22 But like, why doesn't he just capture the horses? Like, why doesn't he put up a fence or whatever? But like, but like anyways, there's all these ways. The sun should have been more careful. You can miss the point a lot. Yes. Like a lot of the time. So I, I am getting you off track and you were trying to wrap it up.
Starting point is 01:31:39 I love where it's gone. No, because it's, it is true. I think, then it becomes a game of mental gymnastics of trying to figure out how it fits a narrative. That's what philosophy is, right? Is that what philosophy is? Ended me now, a little bit. Yeah.
Starting point is 01:31:52 I mean, like, essentially. Not everything, but essentially. If someone ended me right now, I'd pretend. I'd jump in front of the bullet. Jack would jump in front of a bullet. But let's say that. I would hope that that would, that would cause some sort of, like, like some sort of movement or at least bring awareness to something.
Starting point is 01:32:10 Like, honestly, if anything happens, I think, like, that's what I meant is, like, if you die, or like, if I died, then, like, still something can come out for the people who are still alive. I would hope so. Like, if you go through loss or something, still something good can come out eventually. I would like to see some sort of long-term change
Starting point is 01:32:29 in a positive direction, at least. That's what I would like to see. Then it would make it make it worth it? Conservation, ocean conservation. Would it make it worth it? Is that a cause you'd pass away for it? Not now. I mean, let's have that at when I'm 80.
Starting point is 01:32:42 Are there causes that you would pass away for right now? Oh, man. Now this is... Um, so yeah, let's wrap it up. That's just about it. Is there anything else you want to say? Please buy my book. Please tell me what you think about.
Starting point is 01:32:57 Why is that funny? Because you said you didn't want to be pitched. You're like, please buy my book. Oh, well, if you want me to wrap it up, I can put it at the end. Please buy my book. Please tell me what you think about. friend boom, please tell me what you think of wealthy influencer. Subscribe to my channel.
Starting point is 01:33:15 Pass this video on to your friend. Subscribe to Graham and Jack. Thanks for watching. Thank you so much for coming on here, Dax. Thanks for having me. It's been awesome meeting you in person, although I have not been able to see you this entire podcast. Yeah, me and Jack can't see each other. So if I look up into the distance while we're conversing, that's why.
Starting point is 01:33:33 There's a light box with a towel over it to be like to act as a light diffuser. That's true. Do you want me to turn this camera to show? No, you're good. It would be a good... Yeah. Yeah. Can you...
Starting point is 01:33:47 If you want to hire me as a film maker. All right. Can you zoom in on us? There we go. So with that said, you guys, thank you so much for watching. We really appreciate it. Make sure to like, subscribe.
Starting point is 01:34:01 I'm going to link to all of Dax's information down below in the description. Where you can also get, by the way. Dax, you need to get your two free stocks. down below the description. Get in the frame. Oh, do you want to be in... I'm worried about Corona.
Starting point is 01:34:14 Okay, okay, okay. Yeah. So you can get your two free stocks down below the description when you deposit $100 on Weebel. One of the stocks could potentially be worth all the way up to how much, Jack? $1,400.
Starting point is 01:34:25 Whoa. Have you gotten your two free stocks yet? This sounds really pitching. You can get your two free stocks. I'm passionate about it, though. I get excited about Weebel's two free stocks. You can get your two... You seriously should get two free.
Starting point is 01:34:36 It's free. I'll do it. Yeah, I trust your money is for sure. Yeah. So all you. you do, now it sounds pitchy, but no, seriously, all you do, use the link in the description. Seriously, use the link in the description. Deposit $100 on Weble when you open an account.
Starting point is 01:34:50 What they're going to do is after about seven days or so, they're going to give you two free stocks to open. One of those stocks is going to be worth anywhere from like three bucks to $12. The next one is going to be worth anywhere from about $8 to $1,400. So you deposit $100. The least you're going to make from that is maybe like $12. The very most you can make is like $1,400. So for a $100 investment, you'll make some money back, and you could just withdraw the money at any time.
Starting point is 01:35:15 So if you decide afterwards, you just want the money, you can just take the money out. But you have to wait, I think, like a week or two. But anyway, that's my pitch. Cool. Like, subscribe. Oh, how are we going to do thumbnail? All right, we're good. Yeah.
Starting point is 01:35:33 Cool. What's the plan now? Oh, should we do the intro? Yeah, we can do the intro. I don't know if we need an intro. You introduced me already. Yeah. Yeah, we introduced you, but we,
Starting point is 01:35:46 I usually have like a welcome back. Okay, let's just do it really quick. One second. Yeah.

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