The Iced Coffee Hour - SHE SAID YES!!
Episode Date: June 16, 2022GRAHAM PROPOSED! Tune in to hear all about Graham's proposal plans, and to learn more about running the backend of a successful podcast business. Add us on Instagram: https://www.instagram.com/jls...selby https://www.instagram.com/gpstephan https://www.instagram.com/alex_nava_photography Official Clips Channel: https://www.youtube.com/channel/UCeBQ24VfikOriqSdKtomh0w For sponsorships or business inquiries reach out to: icedcoffeehour@creatorsagency.co GET YOUR FREE STOCK WORTH UP TO $1000 ON PUBLIC & SEE MY STOCK TRADES - USE CODE GRAHAM: http://www.public.com/graham MY NEW COFFEE IS NOW FOR SALE: http://www.bankrollcoffee.com/ The Equipment used: https://tinyurl.com/y78py5g2 Audio Equipment Used In Podcast: Rode NT1, Rodecaster Pro 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 *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)
Welcome back to another episode of the iced coffee hour.
This one is probably going to be the most exciting
because a few reasons.
You know, Macy and I are coming up on three years on Wednesday.
Do you believe it's three years, Jack?
What are you going to do?
Well, show you.
Right here.
No way.
Is that what I think of it?
It is.
You want to open it, Jack?
Is that?
You're like, Graham.
Are you serious?
Yeah.
Hey, what is this?
Think.
Don't say where it's from, but I should have put it in a Tiffany box.
Dude, it's so real, just like you pulling this out.
I'm just like, I don't know.
I got to even mention this.
Yeah.
Are you serious?
Yeah.
I thought you knew, Jack.
I talked to it.
How did you not know?
I can't tell if Jack is acting because I've like, I mentioned, I've talked to you about
the suit.
Yeah, but you're the person who mentions things like subtly.
Yeah.
I know I kept up with it more because I see you more than Jack.
But you're the type of.
a person that mentions it, but then like, unless somebody, like,
ask you about it, you don't mention it again.
Yeah, okay, that's kind of true.
It's like seeing this in person.
Guys, look at this.
Yeah.
You know, this is, um, let's talk about this.
This is pretty small for a millionaire.
Yeah, so.
For those of you who are listening to the podcast, yeah, Graham pulled out a ringbox
and, uh, but we, you know, I could show it.
Well, yeah, but some people are listening on Spotify and stuff.
Oh, yeah, whip it out.
But anyway, yeah, Mace actually mentioned this one.
and it's smaller, so it's not like so like over the top,
but it's opal and a little diamond.
So I think opal is this cooler.
I want to try it on, Jack?
Yeah.
Try it on.
Yeah.
Can you put it on me?
Yeah.
There you go.
Practice.
So this is so amazing.
Oh, it doesn't fit.
Holy cow, I can't believe this.
Congratulations.
Yeah.
Seriously.
This is so cool.
So tell us, tell us the plan, man.
Tell us, what do you got planned?
What are you going to do, run us through?
Yeah.
We got it.
We're not.
going to be there, so we got to know.
Yeah, so you're probably going to screw this up.
I feel like I'm going to tear up right now, but I have, yeah, because I just, dude, this is crazy.
Oh my God.
So, yeah, so, yeah, I usually don't get like too personal and stuff like this, but we, we had
our first kiss at the top of the Ferris wheel, the Santa Monica Pier.
So I thought that would be the time to do it at the top of the Ferris wheel.
But I was asking, Aller, it kind of like went over this plane with Al,
Alex, there's no way to photograph that.
I told him that, you know, if it was Kelsey, she'd want it, like, at least photograph,
at least when she gets down.
And I'm like, dude, why didn't you have me come with or why didn't you get a photographer?
You know, I'm not, don't, you don't need to video it.
But I think that Macy would love to have photos later on in life to look back on on the day that she got proposed.
Just put a GoPro in the thing.
Or call the Ferris wheel people ahead of time and tell them to put a camera somewhere.
Or go there the day before.
You can do it.
it. A hundred percent. There's a solution to it. But the Ferris wheel rotates around. Yeah. And we'd have to be at the
precise moment in line. So it doesn't look like it's set up because you basically wait in a line and then
one comes down and one person gets in and one comes down, one person gets in. Yeah, but I'm sure if that,
because you said the carts fit multiple people. Yeah. I'm sure that if you coordinated something with
a photographer and a Ferris wheel company to just have the photographer get in line with you and they
know that they're supposed to like let them in on your cart. No, but they don't let other.
people in on your cart.
I thought you said more people fit than just like two.
They do if you're in,
if you're in the same party.
Yeah, you don't want to be in there with someone else either.
No, you can't.
I didn't know how big they were.
No, I mean, they're big enough where it's like a group of five would be able to fit.
Oh, but they don't do that.
I thought it was like the, like, you know, you can fit like 10 people in.
It's, no, it's the size of the table.
Okay.
So it's like super awkward if there's another person.
Yeah.
Now, I could always just set up a phone on a tripod or just like put a phone on
other side. It'll be obvious in filming.
Yeah.
But like there's no other spot that would make logistical sense.
I mean, I think as long as you at least take some pictures when you get down.
Yeah, Alex's idea was to have somebody on the ground taking pictures, like, secretly.
Like, Macy hates anything public like that.
So I wouldn't want to make like a big deal in public with that.
So it would have to be like a hidden photographer to show pictures like later.
You do have a telephoto lens.
I do.
But it doesn't have to be a.
hidden photographer like like like it could just be like a friendly like coming up like hey guys yeah
love to take some pictures you know you go over here nobody's like no i would say i would say it's got
to be like a like a hidden sort of deal she wouldn't i know her she would not want to draw attention to
herself in the middle of the sanamanica pair then get a photographer with a telephone one yeah yeah
yeah and then you know that way they're it's kind of like at a distance and i don't know okay but
then again if you're not posing for it and you're coming off of the ferris wheel yeah you just have to know
that okay they're over here and you have to face it do you have a telephone lens i do i do have
you happen to have one i do i could i could always get your plane ticket if you want to come down there
wait i want to go you come too someone's going to watch the fish tank though is andrew going to be here
no he's coming i'll have jeremy i'll have jeremy do it it'll be fine for a day if you want we could
do something okay yeah all right i can be there just for the pictures sure okay okay i don't know how uh
that's on wednesday i've never been to this pier i don't know how big it is but you
You can scott it out with Jack.
You would be able to do it.
You guys would be able to do it.
Oh, and then the surprise afterwards is that we're getting dessert,
but her family is going to be there at the dessert.
You're going to have a table at the dessert place.
I can't believe this, dude.
That is so cool.
Yeah, thanks.
You know what's funny when we're just talking about relationships
and pre-nups and stuff with Judge Fonda B.
Yep.
Pre-ups.
Good old timing.
Good old pen-ups.
Yeah.
Oh, my God, dude.
So how do you feel?
What's your overall sentiment towards it?
Are you nervous, excited?
Like, both.
Both nervous and excited.
Do you think she'll say yes?
I don't know.
That's a scary part.
It's like 50-50.
I could go either way at this point.
I don't know.
Let's talk about something that I'm sure everybody's wondering.
Yeah.
So I kind of mentioned that ring is not too big.
Yeah.
You know, most people expect that when you're a little bit successful in life.
And again, this is just like the common.
common thing people think of. I didn't follow it certainly and I know tons of people who didn't.
There's no like it's not a traditional wedding ring first of all and
There's no giant diamond that I know cut people in the face
So where did that come from? Well she picked it out really. Yeah, yeah she was hinting she's been hinting
By like sending like pictures and like oh doesn't this look pretty grandma. I'm looking out of like
But she's not she doesn't like the crazy expensive things. I think knowing her
her if it were over a certain price or like a certain size it would just be like intimidating you'd
worry about it uh this is something i think it's understated and i think that's way better to have
something that's like not crazy plus i like that like i wouldn't be it's like your watch your watch
isn't like this big flashy watch like i get what you mean yeah it's no no one knows zenith but it's
classic yeah yeah exactly that we did the same thing with with my wedding ring it's not expensive
enough for me to get like insurance on it or anything yeah um it's
It's very inexpensive, but Kelsey still freaks out, like, just because she's that type of person.
Yeah, yeah.
But now if she loses it, it's not like...
But I think Opal is way more unique than a diamond.
I agree.
So, and nobody else has it.
It's like the yellow Tesla Roadster.
How many other people have the yellow Tesla Road?
You want something that not a lot of other people have.
And Opel is one of those.
Just different.
So I like that.
So, Jack, you're next, man.
Oh, man.
We got a long ways to go, man.
We could get there.
We could get there.
I'm honestly.
I feel like I can't.
How am I supposed to continue the podcast?
How are we talking about business, man?
That's all I can think about.
No, no, no, no.
Is there anything else you want to say?
I got other topics for us to talk about, too.
I'm just happy for you, dude.
I think that's so cool.
And I'm,
I will try to make it out there.
Cool.
Yeah.
Yeah.
Yeah.
The scariest part, though,
was asking for her dad's blessing.
Oh, you did that?
Terrifying.
Oh, my God.
I mean, I knew his answer was going to be yes,
but it was just, like, really scary to, like,
her mom had to get her,
like, her mom had to get everyone out of the house
because like there's never a time that I'm alone with her dad.
Yeah.
Yeah.
And her brother didn't want to go with that.
Everyone's like, hey, we should go out and do this.
Everyone's like, yeah, let's do that.
And her dad, because she knew her dad wouldn't want to go to this place.
And so her dad's like, no, I'll stay here.
And her brother was supposed to come along.
And it's like, no, I'm just going to stay home.
And so, like, he wanted to watch motorcross or something.
And, like, anywhere we would go, like, he kind of was, like, following.
So I thought like what's the one thing I could do that would get him away from her dad?
And that was like, it was because he, he didn't know either.
Oh, okay.
So I thought having her dad show me his construction work in the backyard.
There's no way.
Genius.
Yeah.
So he goes out there and does that.
And sure enough, her brother stays behind.
By the way, guys, before Graham continues the story, Macy doesn't post her dad, but he's like buff.
Yeah.
He's like, he's scary looking guy.
So anyway, you guys go out and we go out.
And I ask him like how, because he's doing work in the backyard.
And he talks for like 20 minutes about the work in the backyard.
I didn't care at all about the work in the backyard.
But I'm nervous.
So like, I sit there like, uh-huh, uh-huh.
And I'm like, yeah.
And he's showing me all this stuff is like really deep in the conversation about like his construction work.
And like there was a moment in the conversation was like, actually, I didn't ask you to come out here for that.
After 20 minutes.
After 20 minutes.
And, yeah, it was just, it was.
It was scary. I mean, he reacted really well, and he's happy.
Wow. That's so cool, man. Yeah, that's amazing. Have you told your parents?
No. No.
No, no, I haven't. I will.
They'll find out at the wedding. You'll invite him over for a dinner. Oh, it turns out
at a wedding. I'm getting married moment. I'll tell him before, so they're not going to
like see on social media, you know, I'll tell them before. Okay. So they'll know about it
before we post this or anything. So we love doing these midweeks and we want to scale the
We want to bring more value.
We want to connect with you guys on a deeper level.
And I think one of the ways that we can do that, Graham came up with this idea a little bit ago.
We pitched it to me.
And I was a fan was of doing a Patreon for the iced coffee hour.
So the first tier, I was kind of thinking we would do something like producer credit and just give
acknowledgement to people who support the podcast.
So at the very end, just like you see like a reel from movies, you'll see a reel with all
the people who have gotten the first tier.
And we could just, you know, name them out or whatever they want there could be there.
So I thought that would be kind of cool.
And then that way, they're going to be in forever on every single.
They're cemented in time on the ice coffee hour.
With credit at the very end that people could see.
The next tier, which I think is going to be really interesting,
is that they would be able to ask questions for our guest.
So maybe what we could do is set something up where we get the top five
or the top 10 best questions and ask them.
And we could even do it during the midweeks of these episodes where for these,
We'll let them know in advance who's coming and give us your questions.
And we'll pick the top five or ten, answer them.
And I think that would be great.
And we could give them a shout at as well.
Like this question is brought to you by, you know, Matteo from Pedro, you know, whatever it is.
And answer them.
So we probably can't get to everybody, but the best ones will do.
The one after that, we're thinking we're going to do our best to get these episodes ready early.
So like a day or two in advance.
So we'll at least promise like 24 hours in advance you'll have that.
access to the videos, but we could also do our best, where if it's even like five days in advance
or four, it depends, because some of these we film on a Saturday post on a Sunday, so we can't do
it for everyone. Most of them are filmed one to three weeks in advance. We could work ahead and we could
get ahead. They'll have early access to it, just a private, unlisted link of the video.
And then here's where things get great. So this was an idea that I had because a lot of people
had mentioned wanting to do some sort of like, get together or something. This tier would get
everything before it, including the questions, the video early.
But we would host an event.
Probably it's going to be in Las Vegas, maybe Los Angeles,
where we bring people out to come and hang out with us for the night.
Do a fancy dinner.
Yeah.
So we would reinvest a lot of that money back into the event.
So maybe we could rent out like, you know, the bottom of a hotel or like we could find
a cool warehouse or a cool house, cater it, drinks, maybe like live music.
or something.
I don't know.
But anyway, a lot of that is going to go reinvested back into just that event.
And maybe we do it twice a year.
And I think that would just be really fun.
Yeah, that would be fun to network with people too.
Yeah.
That would be cool.
And that's the thing.
And we rarely ever go out and do stuff anyway.
So I think doing this twice a year would give us something to look forward to.
And it would just be a really fun time.
And we had the mentorship group.
And we had that for nearly, it was like two and a half years.
But we recently canceled that out.
And we're like, what can we do that's similar?
But it's more structured.
because the mentorship group lacked a lot of structure.
We think Patreon can do that.
And I love the idea of shouting people out and stuff like that.
And I think it would be cool to meet you guys in person at the events and everything.
And also, if you're of that, the highest tier, whatever, where we meet at the events,
we also give you a verbal shout out, right, on each video.
So at the end of the video, it would be like, also shout it to Jeff Roonesville for being a VIP member or something like that.
Yeah.
We would do that.
So that would be pretty cool.
Yeah.
Yeah.
And then if you guys want to sign up, there's probably going to be a link down below.
in the description.
Yeah.
And then those proceeds as well
are going to help fund
other things that we want to do
on the channel.
We want to get really good
with doing our clips,
doing shorts,
and expanding on so many
different areas
that we just need more time.
We're a thing about doing
some ventures on the ice coffee hour
that are really going to level up the game,
but it does have more production.
Well, we could move on.
There's another topic I want to talk about.
Yeah, too.
In the last podcast,
both of you were talking about your side hustle.
and Alex came up with his consulting business
when it comes to recording a podcast
and you were talking about your ad business
and I mentioned hey
I don't want to get in the way of this
if those are your businesses
so be it as long as it doesn't impact
the core focus of what we're doing
and I read a comment
and that was a really good comment
see if I could find it
Was it about you taking a certain percentage
and hold it? Wait a second Jack
I saw that comment
wait a second
I wanted to dislike it.
No, no, no.
I think, let me read the comment because I think it makes sense.
And I think collectively, we could, let's see.
He briefly mentioned this to me.
Is this an actual serious proposition?
Because I'm always down to talk business.
Let's talk business here.
Okay.
Two things.
Number one, everyone took the comments about the Volvo way too seriously, saying I was like, you know.
They were like, Graham.
Just left Alex's girlfriend her life, the Volvo.
Yeah.
I think our sense of humor and our dynamic doesn't really translate to people who don't know us.
But like, I don't want to sell.
Yeah, but I also don't want to sell the vault.
I mean, the Volvo was never for sale to begin with.
Unless it's $12,000.
That's $12,000.
But honestly, like, I drive that car on a regular basis.
Right now, if I need a car with 4C, it's the car I'm driving.
Yeah.
So I don't want to sell it.
It doesn't make sense to sell it.
But I think the dynamic between us, it doesn't translate.
We have to be a little more literal.
So if you're just watching this for the first time, Graham has a vault.
Although Alex wants to buy it.
Graham doesn't really, he uses it, but he doesn't really care for it that much.
Alex wants to buy it for like, you know, two grand.
Graham wants to sell it for 12.
So we're a little bit over here.
So Graham's over here and I'm over there, you know.
But I never wanted to sell it.
So my argument was that like, hey, if it's an offer that I would be irresponsible to refuse, I'll sell it.
And I'm saving up for a house.
So my offer was, you know, if I can buy it at a price that's irresponsible to turn down, you know.
Yeah.
And people are calling me stinger.
and cheap and I don't I don't treat you guys well
which I am stingy and cheap but I think
you treat us well I very well
We had a pool day yes
When we had a pool day yesterday where I heated the pool
Didn't even
Yeah I didn't even vlog it later but
I'm just gonna
Yeah I send them a Venmo request
So that needs to be filmed
We're gonna we're gonna get to
I want to talk about go to
Oh gosh alright
But we'll get on with it
Yeah so anyway
I know you're gonna talk about you
All right so anyway
So those comments were just, I mean, you could go ahead and watch it.
It's not bad.
But the dynamic between us, we're joking around.
I mean, it's long-go-to-in.
Anyway, but this comment did give me thinking, okay?
Why is Graham letting these opportunities pass them by?
The secondary things that Jack and Alex are doing could easily be brought in under the umbrella as a whole, combine resources and conquer.
I think, Jack.
Well, I'll start with you, Jack.
Okay.
You offer a very unique segment in the market that's not being fulfilled.
And I think that between.
you and I, we have every resource that we need to completely corner that market of sponsorships
in a way that no one else is doing. I'm not going to reveal the exact business model here,
but I will say what you are doing, Jack, every single creator that does sponsorships would
benefit from. I agree. And I think between the resources of both of us, me coming in with
everybody that I know and putting my branding behind it as well, we could grow this as something
significant and you could scale it and you could hire it out just like you love doing and i think
he's the most mic he's the little bit of you just like you love jack and i think there is a space
for us to scale up extremely quickly with zero overhead where i want to say probably we could run
at 85 maybe 80 85 percent profit margins okay we'll start a couple of things yes okay of course there's
going to be overhead you just said i would hire out stuff
Second of all, I have, but 80% profit.
Like, your overhead would be substantially less than the money coming up.
The overhead is 10% of gross earnings for my business.
Oh, well, there we go.
So that's exactly what it is.
That's what it will continue to be is 10%.
And I could realistically, I could get that down if I wanted to, but I demand quality
with what I'm doing.
And 10% is where you can get a lot of quality.
So, I mean, here's the thing, man.
I'm very content with what I'm doing right now.
It makes decent money.
Okay, this month's going to be a lot better than last month and will continue to get better.
I just don't know how much realistically I need you to partner with me on this.
And I do believe that you do have a good network and you could bring in a lot of clients.
But at the same time, to bring in one client for residual stuff that goes on perpetually,
I don't think that that's providing me with as much value as if I were to just cold reach to people.
because it's just a little bit of upfront capital for stuff that lasts forever.
That's why I think.
I think it would be way more powerful when you reach out and say this is a business I'm doing with Graham.
I agree.
But at the same time, I also like to have this thing that is completely detached from the brand whatsoever.
Because I have full control over it, which means a lot to me.
I like making the executive decisions.
But here's the thing.
You could still have control and still make the executive decisions.
So what are you?
Just the funnel?
Yeah, just just a funnel.
Here's the thing, Jack.
So what do you want?
We don't have to be,
we don't have to be 50-50 partners.
Okay.
Don't miss the devil wears product too in theaters.
Merrill Street, Anne Hathaway, Emily Blunt,
and Stanley Tucci are back.
In light of the recent scandal,
I'm here to restore your credibility.
I did not hire you,
and all I need to do is buy my time until you fail.
On May 1st, icons.
I'm going to make something of this job.
Rain.
If the bridges, I burn, light my way.
I just love my job.
Get tickets now.
The Devil Wears Prodata 2.
Indeed is May 1st.
Directed by David Frankel.
How would you split it?
Probably 7525.
And you would just bring me leads?
I think the branding leads,
consulting, but I would let you take control.
If you directly bring me leads,
we can segment those from my current leads.
So it's my current client.
Because my current client's a big one.
And this month it's going to do really well.
And I wouldn't want to mix the stuff.
here's what we could do. Your current client, we cut them out entirely. That would be treated as
separate. Because my thought is that one person, here's how it's going to work. Let's say I bring in one
person. You bring in one person. That would be 50-50. But it's most likely it's that one person who's
going to make a recommendation to another and another and another. And the bigger it grows, the faster it's
going to grow. Okay. So this one person I have already is independent and everything else.
100%. And then anybody that we sign on from here on out would be 75.25. I'll think about it.
Okay.
Yeah.
You know.
Yeah.
I think,
by the way,
Jack,
this would be a great business
because it's completely
detached from everything else
that we are doing.
I agree.
And even if YouTube goes to zero,
this business will still exist
for so many people.
Yeah.
That's exactly why I started it.
Yeah.
You know,
if you do take on all those clients,
Jack,
it sounds like you need
somebody to organize all that data.
Okay.
Okay.
Sounds like you need a server of some sorts.
A server.
Yeah.
You're just thinking.
guy that happens to set up servers.
Okay.
You know, and, you know, you might outsource some stuff.
You might have some people.
You might have to have somebody to manage your database.
Yeah.
I mean, realistically, I actually had a really good meeting with the other person that I
have in on this right now this morning.
And we basically figured out like the next plan, like how we go to the next level,
how we outsource everything, have quality control over this.
And it's actually a fairly simple business structure because it's something I've
literally been doing for the ice coffee hour for over two years.
I've done ridiculous amounts of sponsors, right?
And I don't know.
I did them for a pretty good time during those two years.
You did, yeah, 100%.
Yeah.
But you were still with me.
Yeah.
So I feel like I have a good understanding of it.
We know exactly where we're headed.
I'll think about that.
Okay.
And I think with the team, not only just like you and your side,
but just like the overall team,
it integrates so perfectly with everybody in a way that doesn't compete with anyone.
We're not taking away any existing business from anybody.
I'm creating a new solution.
A brand new solution that nobody is doing, and I am shocked,
nobody is doing this one thing.
The one downside I will say is that once people catch on to what it is,
the competition is going to go through the roof.
100%.
I agree.
And that's why I was hesitant on mentioning that on the podcast and also continuing to mention it.
But it's a good business thing.
The podcast is the most important thing, not my side business.
I actually met somebody on Friday.
They're a creator in Vegas.
And I can't really say what their problem is,
but they had the exact problem that Jack's company addresses.
Yeah.
And I was like, you know, because I was like shocked that.
It's an idea.
I don't know how to say it.
It's an idea.
It's an idea where people are going to be like, wow, why didn't that exist before?
That doesn't already exist.
It probably does exist in certain people's businesses.
Let's say there's this creator that has this whole structure and employees and all of this.
But not as an agency.
It probably exists.
But not as an agency.
No, not as an agency.
I agree.
So anyway, so that's my pitch to you, Jack.
Yeah.
Alex, on the other hand, going to be a little bit tougher because there's only so much that you could do by yourself.
Yeah.
And building out that team is going to be harder to scale than Jacks.
Jacks, I feel like it's a little more simple.
Yours would be more difficult.
I would say with yours, we go into the business of production.
And that's not something that we could, you know, that we have to worry about competition.
Oh, there's already competition.
Exactly.
So it doesn't matter.
For us, I think what separates us in this space is just that we're industry leaders.
That's the biggest difference.
Right.
But yeah, we can say exactly what the business is.
Yeah, but I think there is a service for production, consulting, management, data storage, all of that in regards to video and YouTube.
So it's smaller market, but I think it would be consistent.
It's true.
I mean, it is, it is the true.
This is a smaller market.
But I do think there's potential there.
So if you're interested, great.
If not, that's fine too.
Yeah, I was interested in seeing what we could do.
And I think we have to, like, talk about what you could bring to the table.
Well, besides this smile.
Do you mean besides the smile?
Yeah, yeah.
Besides a smile.
The smile is already a huge thing, yeah.
Yeah.
Probably, like, 50% alone is the smile.
Yeah.
I would say this similar to Jack would be the network and the credibility of this is what we have been doing and just
I will say having having the backing of whatever you would need that we would have the experience between us to provide that.
I will say you did give me a little consulting on one of my.
Oh yes.
Oh, 100%.
Yeah.
And yeah, I might not always be the best at stuff like that.
No, but.
But you know what?
On certain things like that, I think, did you, did you, was that signed?
We're reviewing on Monday.
I would say that particular structure could really benefit everybody in a way that is much bigger than you would have done on your own.
And I say that, by the way, as the real estate experience that I have done and that I've seen that's worked really well.
So I just say having that sort of support backing experience and network would help as well.
And similar to Jack, I mean, I wouldn't want like a 50-50.
You know the business better than I do.
So, I mean, you would still have full control and do whatever you want.
And if not, no worries on that.
that by death.
Yeah, I would be open to it specifically more because like, gosh, I shouldn't, yeah, okay,
maybe I shouldn't bring emotions too much into the, into the business thing.
But I also am grateful for like all the opportunities because I wouldn't have had those
opportunities.
First of all, if I wasn't in Vegas, first of all, I wasn't here.
Obviously, like, it's still a business decision and you have to like think about it that
way.
But, yeah, I just, I also think that plays a part.
as well. Yeah. Yeah, the whole point that I'm thinking that that comment got me thinking that I think
collectively we could do way more than we could do individually. Just like, by the way, without Jack,
couldn't have done the podcast. There's no way I could have done it at this caliber and this quality,
this consistency without Jack's assistance and everything that he was doing. And I think
collect, and just the same thing could be said with Jack. Jack couldn't have built the podcast
to where it is today without myself. And I think between us, we're able to do way more than each of us
individually.
And I think that comic got me thinking that in this case, that is true for this,
that we could all do way more together than each of us having a separate thing.
And I know that ties us together in so many different ways.
But I think, you know, knock on wood, it would be a good idea.
Yeah.
I agree with that.
And I think I want to do some, I want to scope out some competition this week.
I was looking at a few companies.
I was going to get inquiries.
Yeah.
Yeah.
Just because I want to see how they're structuring their deals, how they're quoting stuff, what services are they providing to keep ongoing revenue coming.
Because one thing that I did not think about, well, I had it in the back of my mind, but Graham really nailed it in for me.
And then I took off like researching.
He said I should focus more on the ongoing revenue side of stuff, like ongoing services.
And that's kind of what you're doing.
Because for me, I was like, I'm so used to.
I was in the wedding industry.
I'm so used to like one and done.
Like, we do this.
You give me X.
You know, until next time, right?
If you have something else.
And so when he mentioned the ongoing services, I was like, you know, there's really a lot more that I didn't even consider.
Yeah.
Because one and done, there's only so much that you could do.
And then beyond a certain point, you're going to have to outsource that.
And then how do you find a person to outsource that isn't then going to go and like,
why am I doing all the way?
I just charge myself.
And then they're going to go off on their own.
I think having something recurring not only gives the customer support,
but it also helps you in terms of creating a predictable, stable source of income.
Yeah.
I think unfortunately because of that aspect of the business, if I go into production,
I think anybody that would work with us would have to have some sort of non-compete
because it's so easy to.
Yeah, slip in the business card, hey man, just cancel.
Well, you would sign a contract.
Or the contract would be.
Those clients.
You know, yeah.
But you would sign a contract and say you're agreeing to do this service for one year.
And that includes all of this.
And if you cancel, you know, you're responsible for the following three months.
Like, something like that.
Yeah.
But, you know, it's something to think about.
I put it on the table.
That comment got me thinking beyond all the other.
So it's funny.
You have the people either saying like just the negative comments and then you have the people really thinking outside the box here.
Really thinking what's the next step.
So that is bigger than the Volvo.
But speaking of the people that get a surface level idea of like what happens because they maybe they tune in for an episode or they, you know, they stop watching for a while and they tune back in.
I feel like it's difficult for viewers to get an exact grasp of like the level of commitment and like the depth of all three of our relationships and relationships that we have with other people because they only see what they hear on the podcast.
For example, like let's say sometimes I'll critique Graham on the podcast or we butt heads.
People are like, how could he say this to Graham?
Oh, they're like, how could you talk like that to his boss?
But the thing is, they don't realize it's like, I mean, I've known Graham for nearly three years.
He's one of my best friends.
We're business people.
We wouldn't be good, like, business partners if I was just a yesman.
You know what I mean?
That would not work out.
And I think that that gives people, it gives people a bad perspective when we do butt heads,
because it's all friendly banter.
Yeah.
You know what I mean?
Like, that's just how we talk as dudes.
Like, we just make fun of each other all the time and like poke fun and whatnot.
So.
But when you say it, that's a lot of hard.
It sounds a little hard.
Yeah, it sounds like an unprofessional environment.
It's like, it's very unprofessional.
Yeah, well, it's just like people come together to have fun and, yeah.
But you know how, I remember you mentioned this a couple episodes ago.
You're like, it's bad because you see it more as a friend than you see as business partner.
Yeah, and I do.
I agree.
A hundred percent.
I see it first as friends and then second as business partners.
So, you know, that's also very dangerous in a lot of situations if you, you know, befriends people that you're working with because then the emotions of the friendship can get in the way of the.
business. In this case, I think it actually works, at least with the, with the framework of YouTube,
because YouTube's a very untraditional, like, you know, business structure. I also think it only
works to a certain scale. When you build a team that's, that's big enough, you can't be friends
with everybody. Like, it becomes impossible. And Graham's been lucky to, like, not have anybody
that he's had to fire. But, like, that would be a very unfortunate place. Like, like, somebody's
like, I'm not going to do the work. Or, like, yeah.
you know, like he can't miss an upload.
We can't miss an upload.
Like if anything ever caused like something to miss an upload, like that's a big deal.
Like we need to be like what, what happened?
And never miss an upload.
Well, no.
That flat out wouldn't happen.
Yeah, yeah, yeah.
But like, let's say you hired somebody and like, I don't know.
There's people that don't show up.
Yeah.
There's people.
I mean, we had a friend that was talking about they own a restaurant.
They were talking about how they were putting like sauces on top of like buns.
Like think of a burger.
And they're like, we have.
somebody who would put sauce on top of the bun.
And we told them not to do it.
And then he goes and he makes a like a sandwich and he puts the sauce on top of the bun.
And I'm just like, it's crazy because sometimes you forget that there's people who just don't care.
And I think when you level up a business to a certain point, you can't be friends with everybody.
But luckily, I think you're at a point where it still works.
But I agree.
Sometimes it's not for everybody.
And sometimes in certain situations, it can be very detrimental to their business.
Persistency.
Yeah.
It's a word.
I learned a word.
I do read all of the comments though.
I do too.
And so some of them I do feel like come from the right place.
And some of them get me thinking about things.
You know what?
It's a good point because I feel like some of those, I read those comments on other people's channels.
And even if they're negative, I'm like, well, they do have a point.
I can see their perspective.
That does make sense.
If they did these changes, it would be an improvement.
So I take the same approach to every channel.
And I do read them all.
And I consider the pros and cons of that.
that piece of advice and I take it into consideration.
So I always take them seriously.
That's some of the best feedback you always get is in the comments.
Some of it legitimately so.
Some of it could be taken either way.
Yeah.
I see comments like Alex needs to shut up.
Oh, I see comments.
Oh, Alex is getting a lot of screen time lately.
Everyone has different opinions.
And I'm just like, I'm like, Jesus Christ.
I'm like, I don't get it.
There were two back to back.
I thought was so funny.
One was Alex is getting a lot of screen time lately.
I don't like it.
And then the comment right below was,
I really like Alex on the podcast.
He's such a, you know, he's so funny.
Like, back to back.
I saw those too.
I know exactly what you're talking about.
Yeah.
So sometimes it's like you can't please everybody or whatever.
People really didn't like Jack in the very beginning.
There was there was some common.
Not everybody.
I remember that actually.
Yeah.
I wouldn't say people like this like hated me.
But I was extremely controversial.
So in the beginning, some people really liked it.
Because I feel like I humanized Graham a little bit in the beginning.
But some people hated it.
You know what I mean?
Some people talk.
Yeah, I think it's because as you tell like your stories and people get to know you,
people start to either hate or like your stories.
Yeah, like some people will hate me because I think I mentioned one time that I maxed out my
credit cards to start my wedding business when I was like 18 and the cash I had.
And some people are like, well, he's so irresponsible.
I'm like, I know.
Like I admit it.
Like I wouldn't max out my credit cards now.
But like it worked at all.
I've worked out.
And I was 18.
I was like, I was a good experience.
to learn.
And I would rather have it with like when you're 18 and like the biggest limit I had was probably like 10 grand.
Yeah.
Versus like now if I maxed out my credit cards, I'd be like I couldn't even pay back everything.
Well, let's talk about some Venmo ethics.
Oh no.
So, Jack, he's going to spin a story.
Watch this.
No, I'm not going to spin a story.
I have some, I have pretty strong opinions on Venmo ethics.
So I'm the type where if someone says, you know, I'll pay for us as a group.
I'm the type where I will Venmo them immediately.
I will ask for their receipt and I will Venmo them immediately.
They don't have to ask me because I feel like they're doing everyone here a service.
That's definitely not me.
I will be,
we'll get to that.
This person's, you know,
stepping up and doing everyone there a service.
So why is it also their responsibility to request money from all of these people?
So I'm the type where I Venmo immediately.
Hate it when I don't.
I feel bad when I do.
Yeah, me too.
So there are a few things we need to get on the table.
Okay.
last night, we went out to dinner.
Okay, Graham created this dinner.
He said, you know, everyone come over to this dinner.
We're doing all you can eat sushi.
No, I didn't say everyone come over.
I just asked you guys, you have plans for dinner.
If you want to grab dinner, we could grab dinner tonight.
That's all I said.
And then you said, well, I'm with Andrew and like somebody else.
And I'm like, okay, cool, but I invited Andre over.
And Andre said, but Andre earlier to the pool.
And then Andre said, I'm not free.
And I was like, well, maybe Andre could just meet us for dinner.
Who organized it?
I just asked if you wanted to go there.
That's not an organization.
He has a hard time.
It's not an organization.
So you created it, right?
It wouldn't have happened had it not been for you.
And we all go out to this all you can eat sushi bill.
Sushi place.
Sorry, I'm getting ahead of myself.
The bill was $270 some change, right?
And they put the bill down and Graham looks away.
And I'm looking at the bill.
I'm like, you know, Graham, are you going to pick it up?
Like, oh, Venmo, you don't worry about it.
And Graham immediately goes,
I was probably about $40.
I'll Venmo you, Jack.
And you said, okay.
Well, hold on.
I didn't.
I said, okay.
And then I went back on it immediately afterwards.
I said, okay, yeah, wait, wait.
And then we talked a little bit more.
And I thought I made it clear I did not want that Venmo immediately because then that means that I would have to take the bill.
Right.
Or I was hoping someone else would take the bill.
And then I would Venmo them on behalf of both Graham and me.
So basically it was 10 minutes of all of us, Andre included, Graham included.
Everyone's kind of just like dodging the bill.
Yeah, I was watching this happen.
And it was...
Now, in fairness,
I was the only one
who was there by himself.
You were with a group of people.
Yeah.
Andre was with his girlfriend.
You were with Kelsey.
My bill got...
Lucky was with somebody else.
Everyone's getting different things.
I was the only one who just showed up
by themselves and just got one all you could eat sushi.
Mine was the simplest thing of the entire thing.
Everyone else...
Oh, and everyone else,
not almost...
Pretty much everyone else got drinks,
appetizers.
Lucky got like something else.
Andre got a soju sort of thing.
I just got...
One only could eat.
Nothing else.
People are going to be watching this and be like, Jack's such a narc.
He likes requesting, you know what I mean?
And that's not the case.
I have plenty of relationships where you just pay and you know, you don't even consider it.
You're going to say Graham should just pay.
He's a millionaire.
No, I disagree.
You know what?
I agree with that.
No.
So anyways, that's the whole Venmo ethics conversation.
I figured we needed to have that.
So what are the rules for people to follow?
Venmo immediately.
Yes.
Venmo the correct amount.
Yes.
And it is your responsibility.
If you're being paid for, it is your responsibility, not the other person to request money from you.
It should be immediate.
And you should say thank you.
Yes.
And if they don't do it, they're banned from ever having that privilege again.
They're not your friend anymore.
Can you charge them interest too?
You should be able to.
But I would just say then you never give them a Venmo privilege again.
It goes to collections.
It goes to collection.
Yeah.
You report it to the credit bureaus.
Then it becomes like Venmo banning me from doing the transaction.
Then it's like cash first, man.
Pass first.
One other thing I do want to mention,
just switching topics here,
unless you have anything else
you want to talk about,
is Ryan Trahan.
So good.
Oh my God.
Yeah.
Yeah, this needs to come up.
Yeah,
so he is a series right now
where he's traveling across America
with one penny
to give the penny to Mr. Beast.
And initially,
I'm not into those types of videos.
And, you know, the first three
didn't watch them.
And then I got in the fourth or fifth one
and I saw, like, he posted it.
I was just curious.
So I clicked on it.
it was a really good video.
I haven't watched any of them.
Oh my gosh.
I've just seen everybody talking about him and I've seen him do an interview.
Yeah.
But I have not watched them.
Yeah.
So it actually started with a Colin and Samir podcast.
Yeah, you send it to us.
Yes.
And I watched that.
It was so good just like the way he thinks.
And his,
I love how he has very low overhead.
It's just him and two other people.
And he doesn't do these expensive videos.
And he's getting more views by spending like 50 bucks in a video.
then other people are, you know, spending $500,000 on a video.
And I loved his philosophy on everything.
And he's so positive.
And that got me curious when his next video popped up.
I watched it was so good.
And I've been watching every single one of them.
And I'm invested in this.
Yeah.
Like, it's so good.
And the fact that he posts a video a day and that caliber is shocking.
I'm curious how he's doing it.
My guess is...
He's three days ahead.
It's not real time.
Yeah, I know.
I mean, I knew that.
but my thinking, but still, he can't miss a day.
I mean, I guess he could.
Well, he can have an editor edit for the entire day because he's in.
Yeah, but the thing is, if he's doing every day consecutively,
it wouldn't make a lot of sense if he just took a day off to chill and then get back to,
I mean, he could, but he could do that.
But my point being every day he's doing something.
So my guess is he's filming with one other person because some shots,
it's someone holding a camera, other shots is just him.
And then my guess is the other guy,
it's probably working on editing while they're sleeping
so that the next morning they review and then post
and they started over again.
Him doing this for 30 days is incredible.
It's got to be like the Logan Ball thing
where he had his editor in the UK
and while they were sleeping they'd send him the footage
next morning they'd have it.
Pretty sure they all travel together.
He could be on an opposite sleep schedule.
No, it doesn't matter because the three days ahead.
So I'm saying it's like let's say
Thursday.
Oh, it's Thursday.
And it's Thursday and they're editing Monday's video.
he can literally edit the entire day because he only has to edit one video.
Oh, that's true.
Yeah, maybe while they're out.
That is true.
He probably just in the van or whatever, just editing.
And at the end of the night, he probably just meets up with Ryan.
They go over the video and boom, they post it next morning.
That's true. That's a good way to think.
Yeah.
That makes sense.
Yeah.
But yeah, the series is incredible.
I've been watching it ever since the beginning.
Shout out Paul Dodds, because I know you donated like $150,000 or something like that, which is insane.
No, I thought it was $51,000.
Oh, you just wait.
What do you donate for?
Oh, you donated for?
Yeah, he did $100,000.
What did he donate for?
Well, if you donate, you get like perks.
For example, if you donate $50,000, you suffer from the thing called The Great Reset
where Ryan goes from whatever balance he has at the moment to one penny.
And he has to reset back to one penny.
And then if you donate $100,000, you get a tattoo on Ryan or whatever.
Where does this money go?
The money is going to the Feeding America Foundation or something like that.
And also, and if you do $5,000, you get a verbal shout out.
If you do $1,000, your name gets added to the post rolls.
Amazon presents.
versus taco truck salsa, whether it's Verde, Roja, or the orange one.
For Jeff, trying any salsa is like playing Russian roulette with a flamethrower.
Luckily, Jeff saved with Amazon and stocked up on antacids, ginger tea, and milk.
Haboniero? More like habanier, yes. Save the everyday with Amazon.
Yeah, wow. You know what we could do? We could do five grand as the ice car.
Coffee hour.
Would you want to do that?
What is the five grand get us?
Just shout out.
I mean, you do it for defeat America.
That would be kind of cool though.
Yeah.
Yeah.
That would be cool.
Gosh,
100 grand for a tattoo.
Yeah, I was going to say that's kind of cheap, honestly.
Yeah.
I mean, part of me wants to do that.
It's a lot of money.
That's a lot of money.
What else are you going to spend?
Has anybody got him a tattoo yet?
That got a call.
What if you got him a tattoo of like,
just Graham Stephan?
Honestly, I don't know if I'd want.
that. What about your Instagram handle at GP stuff? What if I change my Instagram handle? Does he have to strike it out?
Yeah. All right. Anyways, that's a great. You know what? Someone could get a lot of benefit. I'm not saying that he would do this or endorse it, but if someone were to pump a crypto. Yeah. Oh, God. They spend Luna like on his line. Imagine it was like US DT. Yeah. Imagine it was just stupid. Something like NFT. Doink. Like one. You have to think. You have to think.
What was it? Flokey was doing a whole bunch of advertising.
I guarantee.
Yeah, with creators.
They'll get way more exposure for way cheaper.
Donating 100 grand to Ryan Trehan to get a tattoo of floy on it.
It probably costs nearly 100 grand to sponsor one of Ryan's videos anyways.
And that's like a legit, cool thing that's going to be there forever, you know?
You know what the, he's not doing sponsors in his videos.
No, not these, no.
That's interesting.
Yeah.
You know what?
Probably because the amount of time, but they could do it.
They're three days ahead.
Yeah, 100% they could.
I think it just has to do with making good content.
And I don't think Ryan's necessarily caring about how much money he's making at the moment.
He's just building a crazy empire.
Yeah, he's going to hit 10 million subscribers.
Oh, easy.
He's doing 100,000 a day.
Yeah, I know.
When I see a social blade, it's like unheard of to see that.
Like Mr. Beast was one of the only few other creators who was doing that many subscribers that fast.
And Ryan Trahan's doing it for a fraction of the budget.
I like that.
Yeah.
I think he just has an incredible ability of storytelling.
Yeah.
He's just so good because you feel like you know everything that goes on in his day.
You know, and he doesn't,
he never lacks context.
He never provides too much context or is redundant.
He's just very good at storytelling and narrating.
What's your price of her tattoo on your body?
I,
I just really don't want that to do.
Of what, right?
Yeah,
really depends of what.
Somebody's name.
Somebody's name,
where on me and how big?
What is this about four inches?
That's like nine inches.
He's telling yourself that check.
It's like three inches.
Okay, so where on my,
body um let's take your arm like right here oh so it's visible uh no or uh here up here up here it's a name
also what name is it is like tony or is it like like it's a regular like like Alex Navar or
Alex Navar like like a regular name i don't know about that one first name or first name last time
uh okay first name first name okay so it's just Alex yeah okay i would i would do that for probably
a hundred grand yeah go ahead maybe i don't know
I don't know if I'd feel like just like bad about myself for taking money just to put someone's name on my body.
But there's got to be a price. There's got to be a price. Oh man. I don't I just feel bad about keeping the money. Yeah, but you could feel bad in a bigger man. The money's coming from anywhere. It's just out of thin air. I know, but it's like, but feeling like I've sold a part of myself to somebody else. Like they'll, they'll be there forever for my entire life. Yeah, but there's a price, right? Everybody's got a price. 10 million. I don't know. Logically, I'm thinking like,
100 grand just because of like only low effort yeah it's first name like an
Alex realistically probably like someone offered me 500 I'd probably consider it I
don't know but it depends who the person is and the context like if are they a good
person are they am am I know but are they but I'm gonna be I know the association
with it I know paid me are they are they a bad person is it Doe Kwan and he scammed
everybody and he's paying me a hundred grand to get you know his name it's like a
It's like your most loyal subscriber who just...
Grand fan, DGB, antho.
Yeah, yeah, DGB.
Jeff Rooms.
And they just haven't had a whole bunch of money.
He won the lottery out.
He wants to get you to tattoo DGB somewhere.
Oh, no, that's harder because you know DGV.
But like, you know, just...
I know Mateo.
I mean...
You know, just...
Yeah.
We're spending too much time on this.
I don't know.
$2.50 to a million dollars depending on the context.
Realistically, probably like $20K.
20K.
That's a good for me.
Yeah.
As long as it's not like a giant name, like Giovanni or something, like really long.
Yeah.
Yeah.
I wonder at what point does that just become fun money?
Because you know, like a billionaire's out there would be like, bet.
Yeah.
Yeah.
Well, I have to say, if you're out there.
I'm not at the point where I could just be like taking you guys up in the offers and be like, all right, hey, 20 grand.
Let's go do that right now.
I don't know.
I think you are.
Like Steve, no.
I think Steve will do it.
Well, here's the thing.
You don't have the platform to monetize it, right?
No, it's a waste.
I mean, when I think.
but I think 20,000 just spending that on a tattoo, sure.
But then I think of all the other legitimate things
that you could do with that money.
And I, I mean, you could just give me the 20,000
and then I could use it to like, you know, buy a house.
I mean, then I...
There's a lot of other things that I could do.
But yeah, then I just think it's a waste.
And like, would 10 years ago me look at that
and think that's a good idea?
And if the answer is no,
that's a good way to gauge.
Yeah.
Yeah, I didn't think about that.
That's a good way.
Yeah.
Because I think the perception of money will change over time.
And it's like, you know, would that person really be proud of that decision?
Probably not.
Then again, like 10 years ago, me would be like $100,000 for a tattoo.
Yeah, take it.
So I don't know.
It's both ways.
We also have another announcement.
So I have a favorite of the logos.
I like the black and white one with the coffee beam as the Owen coffee.
So I think I'm thinking we choose that.
What do you think?
Yeah, I want to see it again.
So let me.
What do you think, Alex?
I'm going to wait until Graham pulls it up one more time.
And I'll tell we take a look.
About it?
Yeah.
That's it?
I think that's clean.
Yeah, I agree.
That's good.
I think that's it.
I'm curious, though, if we could try this with a light green background.
I like the black.
Yeah, I don't like the white.
I like the green.
Okay.
If anything, I'd be down to try a different color.
I would be trying to yellow, orange or something like that.
What if the O and coffee was, like, the bean was brown?
No, I like the.
I like the black and white, but I'd consider other background colors, but not green.
I think it'd look too close to bankroll.
Yeah.
Yeah.
I'm happy with it.
All right.
So whoever designed that logo, shout out to them.
We're going to put your name right here.
And obviously, this doesn't mean we have to go with this for the rest of the entire ice coffee are.
But I think right now it's a step in the right direction.
And I like it for branding.
I think it's really clean.
And I think it's recognizing them.
Also be contacting them.
And we said we'd send them some money, right?
What do we say?
10 bucks?
10 bucks, right?
Well, Venmo immediately.
No, it was like 250.
The Venmo ethics.
Yeah.
They have to request it.
They have to request it.
Do the math and all that.
Yeah.
So I'll get in contact with you.
but yeah, we love the logo.
Cool.
So with that said, guys,
thank you so much.
Don't forget that you could get a free stock down below.
On the description.
Don't forget that you found me on Instagram.
On Instagram.
And thank you to our sponsors if we had it.
All the way up to $1,000 down below in the description.
You could also follow me on there because I bust every week.
I post my thoughts on the market there every week.
So if you want to be a part of it, the link is down below.
What did you say, Jack?
Instagram, JLS, SELB.
Alex.
Thank you guys so much for watching.
And until next time.
Thank you.
