The Iced Coffee Hour - This isn’t working | Quitting the episodes

Episode Date: August 12, 2022

Graham, Jack, and Alex committed to posting twice a week a few months back. They are concerned, however, that not enough happens each week to justify a full podcast and considerer scrapping it for the... sake of only producing the highest quality content. Also Jack's CONTRACTOR, makes a guest appearance and discusses his and jacks business endeavors, separate from Alex and Graham. Protect yourself from America’s fastest-growing crime. Try 14 days for free: https://aura.com/icedcoffee Thank you to Aura for sponsoring this video! Check out the Patreon! https://www.patreon.com/icedcoffeehour  Add us on Instagram:  https://www.instagram.com/jlsselby https://www.instagram.com/gpstephan https://www.instagram.com/alex_nava_p... Official Clips Channel: https://www.youtube.com/channel/UCeBQ... 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
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Starting point is 00:00:00 Welcome back to the ice coffee hour. I know you guys are going to absolutely love this episode because we have a lot of pretty big drama going on. We got a new person to introduce to this whole equation and a lot of exciting stuff. I know you're going to love. So let's get into it. Oh, right after, of course, you subscribe. You got to subscribe.
Starting point is 00:00:19 It's totally free. It takes you just the split second. And as a thank you for doing that, here's a picture of a puppy. A puppy? Yeah, a puppy. Like on the screen, like as a thank you for subscribe. There's a poppy right now on the screen. We're going to go straight into some drama.
Starting point is 00:00:34 Guys, I have an honest take right here. Andrew and I were talking about before this episode. I don't know how well the midweeks are working. That's it. I said it. Really? Yep. That was her whole plan is to do midweeks every week.
Starting point is 00:00:47 I know. But I don't know how well they're working. Why is that? Because if you look at the views that we're pulling right now per episode, it's a lot less than before we were doing the midweeks. Obviously, when we initially did the midweeks, I think there was a lot of excitement around them. and so we saw the views spike a lot then.
Starting point is 00:01:01 But if you look over time, overall, the channel's been on a little bit of a decline. I don't know if that's directly related to the midweeks, but I think we would be idiots to not acknowledge that there's something happening. So here are my thoughts. The midweeks are capped at probably 40 to 80,000 views, depending on the subject and how big of a deal it is.
Starting point is 00:01:18 Like you getting margin call, Jack, that was the best thing to happen to the channel. I don't think we should uphold ourselves to doing one midweek every week. I think we should wait. Because if we force ourselves to create content when there's nothing there. Guys, stay tuned.
Starting point is 00:01:29 There's a lot of content for this one. Yeah. But if we force ourselves to make content when there's not any content there, I don't think we're doing the viewers any justice, and I think that overall it's hurting the channel. I could agree with that. Part of me thinks the decline on the Sunday videos
Starting point is 00:01:42 is due to the guest. I was going to say that. I agree with the midweeks, like that they will not do as many views as probably like a guest video. But looking back and looking at the amount of guests, so going back to you, I agree. I think we should do midweeks when there's,
Starting point is 00:01:57 There's plenty of stuff to talk about. But I think the decline on Sunday views is because of the guests as well. And we've had a lot of repeat guests as well. I agree with that. I think those are very valid points. And I think the solution to this, let me know if you guys agree, is to not uphold ourselves to be doing one midweek every single week, but to allow ourselves to do one midweek, maybe every two to three weeks
Starting point is 00:02:19 when we have a lot of stuff to talk about that we don't think necessarily fit in a Sunday episode. I don't know. I think we need to schedule that we stick to. It could be every other week, and we start with that. I do agree that if there's nothing to talk about, there's no reason to post an episode. I agree. So I'm good with you because I think the other week we didn't post a midweek,
Starting point is 00:02:39 and I'm like, Jack, I mean, there's nothing. And you were out of town too, but there's nothing. It was even that midweek prior to that. Yeah. We were really struggling. Remember how long we sat here before we filmed? Before we filmed guys, just a little behind the scenes, we all think right here, we sit alone on our phones,
Starting point is 00:02:51 and we're just constantly, like, researching topics or just going in our head and thinking, like, what can we talk about? We spend like 20 minutes before each midweek, each of us. So, one minute hour. I don't remember. I thought they did. Oh, was that the weight one? Yeah, that was the weight one, I believe.
Starting point is 00:03:07 Yeah. I thought they liked it. Let me look right now. I thought that episode did fairly well. The episode did do actually pretty well for us. Yeah, 53K, so. And it's a six. I mean, that episode did better than some of the other midweeks.
Starting point is 00:03:21 Yes, yeah. All right. I mean, I thought it did well. The thing is, it's like the midweeks, the people who really want it. The midweeks love the midweeks. So I think the people who watch really enjoy it. And then it's like, you know, do we want to split off and maybe do like just a just a us channel?
Starting point is 00:03:37 No. I think holding it all on the ice coffee hour. And I think doing a midweek when we have content is just the solution here. I don't think upholding ourselves to one midweek per week. I don't like the idea. Okay. Of trying to force conversation. Okay.
Starting point is 00:03:50 Yeah. I have another solution. Yeah. We could do a midweek every week. And even if the midweek. week is like 30 minutes, we could post it on Patreon, unlisted. I actually don't think that's a bad idea. Yeah.
Starting point is 00:04:05 But I also don't necessarily. I don't want to. It's just an idea to think about. Oh, you don't want to put content behind a paywall? Yeah. Yeah. I kind of agree with that. But all the good content, like all the business interviews, all the stuff that
Starting point is 00:04:18 really make the ice coffee or the ice coffee are always will be free. Yeah. On, you know, on YouTube. That's just the like. I think if we've done something and we really don't like it after the fact, I don't mind posting it on the Patreon, but I don't want to use that as a tool to like, yo guys, check out our Patreon on release content. Oh, no, I don't think it should be like that.
Starting point is 00:04:35 I should just, I think the people who are going to support us on Patreon, they're probably the people who watch all the midweeks. Yeah, but I don't want to make those people then pay for episodes that wouldn't be available. Yeah, I just, I wouldn't feel good about that. I'd rather like, we continue what we're doing here. So like everything stays the same and then do something extra. Okay. For that.
Starting point is 00:04:53 Yeah, you know what, Jack? How about this? Maybe we go down it every other week. and if there's a week there's truly nothing, then we just skip it. Okay, I'm down. That's good. Once every other week.
Starting point is 00:05:02 Yeah, we should talk about some of the comments, though, that we did receive on that last video with Houston. Those were spicy. I didn't think anything bad of it. And then I read the comments like a few days in. Which comments? Because there's a lot. I remember you kind of brought something up to me.
Starting point is 00:05:16 Yeah, I showed Alex. I said Alex. Have you seen these comments? Was it this? And he's like, wait, no, it was this. And I'm like, the comments on the episode with Houston are. There's a lot of hot takes.
Starting point is 00:05:25 It's a lot of hot takes. Now, let me read some of these comments, and I think there's a lot of context missing from this. So are these some of the top comments? Here's the top comment. There was a disagreement where Houston was sitting there, and there was something missing on the Patreon. I asked Jack if he was going to do it, and he said, no, or Jack didn't do it. I said, well, you know, you should be doing it. No, I did it.
Starting point is 00:05:47 I submitted the questions to be asked, but they only had 12 hours to get back. Yeah, instead of 24. And then what happened was you went, and you gave me this a look. And that's what frustrated me, not necessarily like the, you know what I mean, but the, the look, dissatisfaction. Yeah. Okay, that was it. And I said it should have been done 24 hours to give the, to get more time for the questions. Yeah.
Starting point is 00:06:08 And then we left it up to Houston. Houston felt like that would fall on you. But I could see how I assumed it was going on you without ever saying that. Or ever. I just remember when we, when the idea of Patreon initially came up, I told you my main apprehension towards it. was that it would be something that would immediately fall on me. And I know for a fact that that would be nothing you would ever consider. It basically, like, I have no problem with this, right, as long as we agreed to it.
Starting point is 00:06:36 But I didn't necessarily want to agree to the idea that you'd kind of chill out right here. And of course, I'd bring the questions. I'd do all the post responding. I would welcome everybody. I'd ask, you know what I mean? I didn't like the idea that I would just be assuming all of that. Right. But you do get a significant portion of that.
Starting point is 00:06:53 Yes. Like, you don't get any more than I do. So, you know, I also feel like I do bring a lot to the table in terms of the audience and the main channel. And like in terms of a funnel, everything that I've built up kind of funnels down through this. So I felt like in terms of a split, that that's pretty generous. Okay. I agree. I mean, of course, I would be an idiot to not to deny that.
Starting point is 00:07:16 I think a lot of these comments think that you don't get paid for that. For what? The Patreon? For what? No, no, I definitely, I get paid for the Patreon. I mean, I'll openly say it's 50-50. to even split. My main concern, like I said, in the beginning when we discussed the idea, was that all of the responsibility would have fallen me. And for you, it's obviously worth your time
Starting point is 00:07:35 if you're like... Not doing anything? If you're not doing anything. But for me, it's like, if that's just another thing that I have to like keep a mental note of all the time. And this is something that I do multiple times per week, right? I have to always respond to people on Patreon. Which is, you know, a decent amount of stuff and post and prepare for podcasts, post the podcast early. I have to do all of that stuff, right? It starts getting a little bit jumbled. That's the main thing. And then when you gave me the look of like, hey man, I'm sorry, I did it 12 hours before and you gave me this like dissatisfied look. I was like, oh my God, like this is what I knew was going to happen. I was going to mess up one time. And then Graham would look at me unhappy. And I'd be like, you know what I mean? That was my main. We run a very tight ship here. Things are posted on time.
Starting point is 00:08:17 They're never late. And we're one of the only channels who's ever been consistent for this long. Really? Yeah. At least, at least my main channel for five years. The podcast has been consistent. Yeah. I don't think we've missed an upload. We've never missed a Sunday upload. Yeah. And I make sure that same with the second channel. And four years has it been, I think it's like four years. We've not missed a single posting. Yeah. Ever. Yeah. I remember I had tonsilitis for an episode on the second channel. I was bedridden. I was like completely destroyed. And I texted Graham. And this is by the time I had already assumed all responsibility or all back end of the second channel. I couldn't do it. Right. I was like destroyed. And then Graham's like, all right, that's fine.
Starting point is 00:08:54 And he just took care of it. Graham edited the entire video. I think he stayed up like really late to bang it out. And I was like, wow, this is like, I really appreciate it. But that's what it takes. If you want to get good at it, there's no excuses. You just got to get it done. I take a lot of pride in that.
Starting point is 00:09:08 Never being late, always following through on that. So things like that, and I lead by example, it's never something where I'm like, oh, Jack, you're doing that. And then I'll be the one like falling behind. Like, I'm always, I'm willing to do anything. So if there's something that falls behind, I'll do it. And I saw a lot of comments saying stuff like Jack and Graham, it's inevitable. They're going.
Starting point is 00:09:26 Oh, yeah, I saw this comment. The thing is what people see on the podcast, this is generally where we're trying to hype things up and make them more exciting. But they don't see like the years. I mean, has it been three years? It's been more than that. Over three years. I've been working with Graham. I've lived with Graham for nearly two.
Starting point is 00:09:42 You know what I mean? Like, he's one of my best friends. So of course I would, I would never leave Graham and Graham would never leave you. Jack's going to officiate the wedding. I'm going to officiate their wedding. Yeah. Like, it's, it's, but let's read some of these comments, okay? I'm on Jack's side here.
Starting point is 00:09:54 Graham's too consumed with making money off every little thing. Graham is a slave to YouTube. Respect to Jack for standing his ground. I don't know what that was in regards to exactly. I think that's just a little bit. It's a pretty aggressive take. I do agree. Graham does have a fixation on making money on every little thing.
Starting point is 00:10:08 We know about that with Volvo. We'll talk about that in a little bit later. Oh, man. But I don't, you know, I think that's just who you are. I don't think it's like a negative thing. When it comes to protecting your personal information, you seriously cannot be too careful. You might not think you have to be
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Starting point is 00:10:57 when you sign up with their link down below in the description. It really helps the podcast, and it would mean a lot. Once again, guys, link down below in the description, protect yourself online. Thank you so much, ORA, and back to the podcast. I respect Jack so much for wanting to keep his personal life private instead of monetize it. Not everything is about money or worth the money. This is in regards to bringing on a Tinder date. Yeah, yeah. I don't disagree with that comment. So I'll be completely upfront here. What upset me more was the Patreon stuff, not the dating stuff.
Starting point is 00:11:27 Because I understand, like, this is all lighthearted when we're talking about Tinder dates and everything. And I was pretty firm on my stance. Like, I don't want to bring on another Tinder girl here. And people, I saw a lot of people say like, oh, but you made a video walking 100 miles for a Tinder date. You'll tell stories. No, that's what I said. That's completely different than actually bringing a girl on here and like airing out our dialogue for an hour and a half. where I'm trying to be like performative and flirty or whatever.
Starting point is 00:11:51 You know what I mean, that's completely different than me being able to like look back on a story and tell a funny joke or something that happened that ended, you know? Then this one, Louis Rodriguez, never seen Jack being upset, stood his ground and defended his point. I appreciate that they left it in the final cut. I don't think on some of the been of weeks, even some of the conversations that we have that are raw, we don't cut like that kind of stuff. We'll just cut like if we took any pauses or anything. But yeah.
Starting point is 00:12:17 I was honestly really nervous. about that episode going up because I was like, God, like, people are going to think I'm super lazy or that I'm like undeserving or whatever, you know what I mean? Yeah. But I was like, you know what? It is what it is. I said what I said. And I believed what I said.
Starting point is 00:12:31 I'm so used to that already because every time people leave a comment, it's like, like, like how I mentioned earlier that I didn't do the one text thing, people assume that because I, I, I do that. Like, I must just not work at all. Like that people assume that. And they always comment like, like, oh, Alex is so. grateful. I'm like, oh, sorry. Those are my alt accounts.
Starting point is 00:12:53 I'm kidding. No, and then last one. Don't work for free, Jack. Get what you deserve. Y'all are both the faces of the channel. I think people forget that this one sums it up. Jack is not an employee on the podcast. He's his business partner, which is true.
Starting point is 00:13:07 You're not an employee. And you, I know you don't want to say exactly how much you make. But you get up, you get a, you get a, you get a, I get a good amount. Yeah. You're not making any more than I'm making. on, yeah. Am I not? No, I'm not.
Starting point is 00:13:22 Yeah, it's the exact same. I'm incredibly fortunate and blessed to be in the position I'm in. It took a lot of hard work, a lot of like, like, I mean, the creation of the podcast alone with Graham and I and going through the whole, like, developing part where we weren't making any money in countless hours when I didn't have employees and everything. Yeah, it was a lot of work. But I'm very fortunate and blessed to be in my position. And I'm excited to keep going.
Starting point is 00:13:42 So I know you guys are doing some stuff together. Alex and I? Yeah. Oh, the weight loss. The weight loss. Yeah. I mean, we've talked about it a lot on midweek. So we'll keep it a little bit brief. Yeah, let's keep it short.
Starting point is 00:13:52 But we did do a weigh in. And this was probably after what a month? Is it about a month? A month and a half? Maybe a little bit over a month. Yeah. Maybe a month and a week, right? Yeah.
Starting point is 00:14:00 And you have lost a total of 16 and a half pounds. And you look slimmer. I noticed that and I said that today. Yes. You look good. The pants. The pants are sagging. Falling like crazy.
Starting point is 00:14:13 Yeah. Yeah. So just to keep it short, I mean, it's been absolutely great. and I saw a comment that Scott somebody responded to me in the last one and they said It's a double-edged sword putting that out there Because either you know you lose weight you have this cool story Yeah
Starting point is 00:14:29 Or you become like nicicato avocado who just has to like embrace it I don't think it goes that extreme Like I'm pretty open enough to like if I fail I'm like all right guys like I fail I'm trying to figure out another way to do it But I love to hear that But I just want to say you're not going to fail I 1,000% know
Starting point is 00:14:49 I will not let this happen and I know you on your own accord you will not let this happen either like this is the time it's actually going to happen I've told myself there's no way I'm letting this fail I'm committed to it and it's going to be really exciting
Starting point is 00:15:01 and oh yeah Jack and I are gonna I don't know if we told you this we're going to go to the to the heart attack grill yeah yeah you did 1050 pounds or if you're over 350 you eat for free and we're going to go right when I'm like right by there and we're going to do a little skit.
Starting point is 00:15:19 So it'll be fun. Yeah. Yeah. Couldn't you always go in and like, I guess, drink a little bit more water if you need to be like 351 or something like that. Yeah. Yeah. You could.
Starting point is 00:15:28 But, uh, yeah. So stay tuned. I'm proud of you. You're killing it. Thanks, you really have been much easier to work with than I assume beforehand. You're like super open to it. I don't know if that's a compliment. I was assuming you'd be against it.
Starting point is 00:15:41 But I guess I, I just had like the, um, these presuppositions that like, to get to the size that you're currently out, trying to say as politely as possible, that you must be kind of a stickler when it comes to certain things or everything, but that doesn't seem to be the case at all. Like, you're extremely open. You're extremely like good. And I'm really proud of you doing great job. And I'm like, that's not to say that I'm not going to encounter difficulties along the
Starting point is 00:16:05 way. But for sure, I'm, I've always been open minded about things. And the one thing I told Jack is, this is my biggest insecurity. If I could conquer this, dude. Anything. Anything. Anything is the sky's the limit. So awesome.
Starting point is 00:16:19 What's your goal weight? I don't really have a goal weight. To me, it's more just like of an overall lifestyle change. But obviously, like, you know, when somebody's like, I've got to hit a million dollars at worth, like saying I lost 100 pounds, like at least. A hundred pounds would be good thing, right? You're going to be under two fifth. Yeah, I don't have a goal weight per se, but definitely like I want to lose at least 100 pounds.
Starting point is 00:16:42 It was crazy to think that. out of 100 pounds you're almost 20% of the way there like you're almost one fifth done with that isn't that crazy yeah people have been so nice when i post about my weight loss when i post anything about it it always gets the most traction people love to see it and um yeah i've just i've not to plug but i've shared a lot of stuff on instagram this is actually not a plug like please don't follow me on instagram but no go follow them everybody go follow them no but people love it and every time i weigh in with Jack. It's cool that I get to post an update. And I think that even if I gain, you know, let's say I weigh in two weeks later and I gain two pounds. I think that's a good story to share
Starting point is 00:17:23 because I don't think very few people have a story where it's just like no, no issues whatsoever. And I hope that happens. But even if we if we get there and I have a bad week or whatever, I don't mind hearing that. I mean, I'm already going to be better than where I was before. How's Kelsey dealing with it? And she helps supportive issue. Is she? She's your wife for everybody that isn't super familiar. Yeah, she's good. She let Jack throw everything out of our pantry. Good.
Starting point is 00:17:50 She's been eating what I eat, which for those of you that don't know, Kelsey weighs. She just got wage and went to the doctor. She weighs 98 pounds. Oh, wow. And I think she needs to eat more. But she was definitely not eating as healthy, like, beforehand. Like, I don't know how to explain it. It's not like she was eating, obviously.
Starting point is 00:18:12 I had a problem maybe with. quantity. But I think we both have a problem with not eating, let's just say whole food, right? Like, like, obviously I cook, but not as frequently as I do now. And so her adjusting to having meals that are that are at home that are cooked more frequently than before. Obviously, she's liked it. And we have a deal going on where I'll cook, but she'll clean all the dishes. Beautiful call. Yeah, so super supportive. That's good. I don't know if you guys saw, but Faze Klan recently, went public. I saw that.
Starting point is 00:18:45 Yeah. What do you guys think about that? And as soon as it went public, I think it drops up like 30%. Yeah. Now, I think we need to disclose what exactly Phase Clan is.
Starting point is 00:18:52 Do you want to? Yeah, yeah. So for those of you that don't know, Face Clan start off as like a e-sports team. I think they played Call of Duty. And they went on to then sign talent that includes streamers, gamers.
Starting point is 00:19:04 Faye's rug is a vlogger. So at this point, they've just become almost like talent management, but they're very much in the gaming space. still. And they've done, now, I think they also have, like, celebrity investors now, too. I think, was that Drake or no, he was 100 thieves, right? No, no, no, but they have celebrity investors in this. And they went public, stock dropped 30%. So what do you guys think about this? Are you going to invest in Vase Clan? Do you see a potential future? You know, I'm done with individual stocks, as we all know here.
Starting point is 00:19:37 But I do think they were overvalued at $1 billion. Agreed. And one thing I'm extremely excited for is the release of the financial statements to actually see how much is this like talent management company or whatever i shouldn't call them that like the face clan how much money are they making because that's just been something that's like i always wanted the thing is it could be a great business because it's low overhead that these guys could be in their garage playing taking sponsorships doing all that so it could be a good business but what are they at like 800 million dollars yeah they were they were valued almost a trillion dollars how are they yeah more than mr beast and i think that's just like it's so risky because you have to be following these people
Starting point is 00:20:13 They have to keep up on trends. There's so much. I mean, this could be a business that's out in five years from now. 20 years from now, are people really going to look back and be like, oh, phase clan. Maybe I wouldn't put any money in it personally. I couldn't do that. I feel like they have to have more of a product than just like merch and like brand deals and like talent management maybe. G fuel.
Starting point is 00:20:34 What about like their own channel or their own like, you know, service or product that they can really sell? Like I just don't know. Just to clarify, I think they have to do that if they want to be worth almost a trillion dollars. Because honestly, they could stay private. I'm sure they're making bank. Yeah. But they could stay private. They could grind away.
Starting point is 00:20:49 Keep their overhead low. I feel like going public also adds more, not overhead, but regulation for reporting and keeping up to date. It's a money grab, Alex. That's what it is. Why would you go rich? I mean, here's the thing. I think if you believe you've kind of peaked a little bit and you think maybe it's downhill, let me go public. Then at least it's the investment.
Starting point is 00:21:13 Nestrus who take the risk and not me. Right? I mean, if they were a growing business and they're that profitable and they can reinvest it. Exactly. So I'm thinking maybe they see there's an end to the longevity. How long could they sustain? Maybe they've just burnt out and they're like, hey, let's go. But that's what I think.
Starting point is 00:21:32 I think they're at the end of an era and going public is like the last thing to do. I think they did it late though. Because, I mean, if they did this when SPAC IPOs were like going crazy. They were talking about this for a while. Yeah, they were. Oh, so it was probably a huge long process. Yes. Yeah. I feel like they missed it.
Starting point is 00:21:48 I feel like if they did this at the peak. Oh, obviously. Well, I also think back even when SPAC IPOs were like a huge deal, phase was still kind of teetering. I feel like at the top. I think they kind of realized this. They wanted the cash grab. I shouldn't say cash grab, but they wanted to make a lot of money.
Starting point is 00:22:03 And that's exactly why they appeared for like a way to get out if they needed to. Yeah. But they all definitely just got insanely rich. I mean, I agree with you. But then you also have stocks like DeWAC, which are trading at $31 a share. Now, for those that don't know, usually with a SPAC, you open up $10 a share,
Starting point is 00:22:19 and these are special purpose acquisition vehicles, basically, that you'll raise money for the purpose of then acquiring something else, and when they merge in really simple terms, then they'll become publicly traded. So it's an easier way for companies to go public through a SPAC. Right now, DWAC, which is social media, what is it, the truth, social media. Yeah, is an idea.
Starting point is 00:22:46 There's no product. We have nothing. So it's trading at $30 a share. I don't know what the valuation of that is. On an idea, blows my mind. We all have ideas. Yeah. Yeah.
Starting point is 00:22:58 Remember BitClout, by the way? Yeah. What happened to that? I don't know. What's BitClout? Was where you could invest cryptocurrency within their BitClout coin or whatever based on how popular. a person.
Starting point is 00:23:14 Like influencers. Yeah. Yeah. And like some people were worth way more. If you got like one token of Mr. Beast, obviously he's going to be a lot worth a lot more than like one token of Graham or something. So Graham could could he put up part of his company? No. Like a Graham token?
Starting point is 00:23:28 No, no. So it's free. So I, so they already have profiles on there. And that was a big deal because like Justin Bieber's not a part of it, but Justin Bieber's on there. And he could claim his token if he wants to. Elon Musk was on there. And his, his token was trading for like $30,000. and he could go and claim it.
Starting point is 00:23:44 And eventually he could get a percentage of what people invest. And you could set it so that, like, if people want to invest in you, you get like 10% of it. Yeah. So, I mean, to me, that, that, looking back, I mean, it's very much like the, that was the problem. Yeah, you couldn't withdraw any of it. Like, it's only within the platform. So people were putting money in the platform with the expectation that maybe one day, it'll be worth something and they could withdraw it.
Starting point is 00:24:08 I mean, that was like similar to VVU when people were buying NFTs, but you. You couldn't withdraw it. Yeah. Yeah. It'll be funny to look back at all this, like 20 years from now and think like NFTs is the stupidest thing in the world. Like seriously, people were trading like NFTs of this stuff for 30 grand. Like, I don't, even now, how do you not see that as like a tulip thing?
Starting point is 00:24:27 Like, I believe there could be a few. Because Gary V, man. But I believe there could be a few looking back that maybe are, you know, the original one, maybe a crypto punk or something like that. Maybe. But I think we'll look back in these. It's just stupid. Yeah, I think the only ones that are going to have value.
Starting point is 00:24:42 aside from like the oh i want to have an o g one right people's people's yeah but i think aside aside from those i think the only ones that are going to have value are the ones that actually provide value yeah like to give you access to i agree with that and graham always brings up an example of like i like nfts for verification right but what if if nfts are only used for verification so one example it rings is let's say you have a louis Vuitton bag and you have an nfti tied to that louis Vuitton back Well, the NFT doesn't have any value. It's the bag. The NFT is only providing verification.
Starting point is 00:25:17 So what if somebody counterfeits a Louis Vuitton bag to sell with that NFT? You're essentially now selling a useless asset with a fake verification and having the real asset, whatever is holding its value. That's true. But here's the thing. Nobody's checking NFT. It's like you could have a fake Louis Vuitton bag and no one's really, you know, let me see the NFT on the blockchain. It's like nobody's ever going to. It's so like fakes are still going to do really.
Starting point is 00:25:41 well. Yeah. But I think it's just another layer of just, you know. You're Louis Vuittal. Yeah, Jack, that Rolex. Let me see your NFT on the blockchain says you own that. You know? So that's why I think.
Starting point is 00:25:59 I think just like concert tickets, I could see that, you know, special events, have an NFT. You could collect NFTs for all your, because I know a lot of concert goers save their tickets or they're like, I've been to X amount of concerts. But like when a, what was it, the 12-year-olds who made $400,000 selling whales? I mean, come on. Really? Who buys these things?
Starting point is 00:26:20 Seriously. Yeah. And I know, it's easy to say in hindsight because when you're in the moment, Donna, it's like, oh, wow, these whales are selling this could be the next big thing. But it's always, I'm curious what the next thing is going to be because I feel like we've seen so many runups and like NFTs were a big part of that. But like, what's the next thing? Okay, so now we're going to be taking a couple questions from you guys.
Starting point is 00:26:40 First question is from Colin. How is creator properties doing? Decent. I think it's a lot different than what I expected going into it, and just how many moving parts there are. But long term, I'm really looking forward to it. And it's been more challenging with this market than I think people were expecting going into it.
Starting point is 00:26:58 And it seems across the board. But overall, not going on one. You know, I applied and they said I couldn't invest. Because you're not accredited, right? I can't invest. I don't even know what that means. You're not accredited. You need to have a million.
Starting point is 00:27:10 Oh, okay. Yeah. Well, for those that don't know what it means, it means you either have to have a million dollar net worth or two years of tax returns over $200,000 a year. What if you're married? If your joint tax return is over $200,000 a year for two years, you're fine. But being married alone is not enough, unfortunately. I'm not accredited, but I'm married, yeah.
Starting point is 00:27:29 That's my only accreditation. One more question from Ename. He's curious about how you and Andre think of video ideas because you guys post, like, basically the exact same videos all of the time. He referenced the videos posted today. Yep. You posted the car market bubble just collapsed. And Andre posted the car market bubble is collapsing.
Starting point is 00:27:48 Did you see that? I saw that. Literally, I saw it post them. I look at Jack and I'm like, yo, check this out. Andre,
Starting point is 00:27:54 I have not seen that video. Yeah, neither of I. It's just like the same topics and the same titles. Yeah. Is there a reason to this? Gosh, no.
Starting point is 00:28:02 That's coincidence. Here's the thing. We made, I made that video. What was it like two weeks ago? Yeah. Yeah. And I was waiting.
Starting point is 00:28:09 I got Experian. By the way, to sponsor that video. Experian, like the, like the, like, the, like, the, like, the, yeah, so anyway, um, so I've been going back and forth with Experian for like two weeks. And I, I knew this product that Experian had would be perfect for that video. And there was so much happening with the used car market that I created that video two weeks ago. Filmed it. It was in review with Experian. We just posted it today.
Starting point is 00:28:32 Um, that was just. Wow. Yeah. That's crazy. And we took that thumbnail picture today, too. Yeah. I thought it was really clean. Thanks.
Starting point is 00:28:39 Really good job. That was. out that so that's Alex so it was my idea but okay my idea but the thumbnail was Alex so we took the four GT out he lined it up Alex got the shots and unfortunately the what do you call it in the back of the car like the hydraulic like yeah holds the trunk open okay right those are worn out in Graham's car so we he can't hold the the hood open so you know what we had to do he had to go back there hold it open we took a picture and then he went in sat in front with the front hood open and we had to like combine the two pictures yeah combined the
Starting point is 00:29:14 two pictures yeah unfortunately the hydraulic lift or whatever thing in the back of the car in extreme heat it doesn't hold it's funny if it's below 80 degrees it holds up just fine but a hundred degrees when it's out there for a few minutes the thing just must be whatever fluids in it or something i don't know whatever i mean it shouldn't be doing that but it's probably original anyway those are probably so cheap anyway you could probably get them for like under 50 bucks it's just a normal for of some sort. So, yeah. The thing is, there's not that many things to talk about.
Starting point is 00:29:46 So when there's something, when there's like an event or something that happens, everyone jumps on it because everyone is like desperate for topics right now. And it's just like, yo, man, you got any more of those video ideas, man. I mean, really, that's what it's like. So when there's something, it's like, of course everyone is going to jump on it. And then it becomes who could jump on it first. So what I've begun to do is my little secret. I'm not going to tell everything.
Starting point is 00:30:07 I pre-planned videos that I know there's a big event coming up that day, and then I'll say multiple things that could happen. So I script everything. And then we pick and choose what ends up happening so that I could get a fully produced, like, really edited thought-out video with every scenario out there, and it's posted right after it happens. No one, yeah. But it takes so much work because I'm like, what happens if they do a 75 basis point rate hike? What about a 100 point rate hike? What about a 50? How do these differ?
Starting point is 00:30:39 And then I could... He has to write for all the scenarios. And if they don't go with any of those, then we have to be here and ready to film. It's tough. It's tough out there. It's a grind. It's not a lot happening in the markets, man. Is there not?
Starting point is 00:30:53 There's nothing. The thing is the market's up 5% over the last few weeks. And that's bad for views. That's good for my portfolio. It's good for his portfolio. Bad for views, though. Yeah. The more the market goes up, you see a direct.
Starting point is 00:31:06 correlation between market going up, views going down. Market goes down, views go up. If you could have it your way, the market would just always be crashing every day. Well, the thing is, you need extreme drops. Like, I would love a 5% drop in a day. Talk about how the market's crashing. And then like 20% up in a day. You know, that's what we need.
Starting point is 00:31:24 We need extreme volatility for people to watch YouTube videos. One thing I want to discuss here, I think is kind of interesting is I went on vacation for nine days with minimal service. What do you think about that? Frustrating, yeah. Did that leave a bad taste in your mouth? I was frustrated. There was a few texts that I sent you that I never got a response back to.
Starting point is 00:31:43 I knew you were out of town, but I guess it was really nothing that urgent. You let me know ahead of time. There's really nothing that I couldn't. You know what, Andrew stepped in a lot. Oh my gosh. Andrew. Andrews. Yeah, Andrew's the new Jack.
Starting point is 00:31:59 Well, hold, hey, I wouldn't, you know, he's his own Andrew. Okay. Andrew, you need a trucker hat. You do. I do. I look good. Yeah. Andrew's the new guy.
Starting point is 00:32:07 Okay. He's doing a lot of work for me at the moment. He's editing this podcast, doing the ice coffee hour clips, doing the sponsorships on this, editing the second channel, doing a lot of work that I'm kind of sourcing through him. However, it means. Still maintaining quality control, but he's doing a great job. Yeah. Thank you. Andrew, what is it really like working for Jack?
Starting point is 00:32:25 Be blunt. Be honest. Give us the dirty truth. Oh, wait, wait. Just to clarify, not only working for Jack, but you also live with Jack, right? Yeah, that's the more difficult. part, I'd say. First of all, contracting for Jack. Yes, thank you. Thank you. Wow. He's good. Where'd find him? Well, he does, he does work for other people. Yeah. I would say living with Jack and working with Jack
Starting point is 00:32:48 combined together is a little bit stressful sometimes just because trying to play ping pong and do other stuff and go out and do a bunch of stuff while also trying to like, hey, he knows I have a certain amount of work to do today. And I know he has a certain amount of work to do that day. You know what I mean? And then also trying to like not be like, oh, you know, this person knows what I have to do. do and like we would certainly be a lot more productive if we didn't live with each other really i feel like that would that would boost morale like seeing you work and no i work so much better when and you see that's the problem graham he has to see jack work oh and jack doesn't work yeah exactly that's it no it's like he's jack taking a nap and something will happen and it will distract both
Starting point is 00:33:27 of us like we'll all of a sudden just start somehow teleport to the ping pong boom we're playing ping pong and then there goes 30 minutes so tell us some nice negatives about the working with Jack. He didn't even say any positive. What is, no, no. Like, what, you know, is Jack a good boss? Do you think he's fair? Is he clear on his instructions? Does, does he let things slide?
Starting point is 00:33:48 I'd say so. I think he's, I think he's generally fair. How can he improve? How about that? What's something that he could get better at? Well, communication clearly is. Yeah, I agree. That's, yeah. I think it's the kind of the off and on.
Starting point is 00:34:01 Like, he is either kind of really invested and really into one thing. and then like, you know, whether it be business related or not. But then it's like, you try to get a gauge and you're like texting back and forth, like, oh, I have ideas for this or he has ideas for this and we're bouncing it back. And then there's other like days where it's like, you know, I text him about the podcast or text him about anything like regarding work. And he's just kind of like, oh, you know, I don't really want to like, he doesn't want to deal with it that day. And then I got in trouble one time for texting him too much while he was on vacation. No.
Starting point is 00:34:28 What was it about? Well, I think it was a mix of personal and business. And I think that's kind of what mainly frustrating. me and it's also extremely like long-winded it was probably like like three boy i would love to see jack respond to me like that i would yeah jack doesn't respond to me either it's okay yeah me too keep going yeah other than that i mean there's really not there's not nothing too bad um i think we have a pretty good like friendship slash like you know work home balance um you know Andrew we do have an extra room here that's true that's true i get a i get a good deal on rent though so
Starting point is 00:35:01 what's what's how much is your rent could you say yeah sure i paid seven for my room. What would you offer for that bedroom across the hall? What would you, what would you offer? Are you trying to poach his, yeah, this is definitely not happening. Why is it not happening? Why? Who am I going to play ping pong with man? Wait, you know what, Andrew? I actually have another room to okay. Let's skip this part of the conversation. This, no, it could actually work out really well. Hold on a second. Yeah. Now, overall, Andrew, do you enjoy, you enjoy your work. You enjoy working for me. You're bullish on it. You're happy? Yes. Yeah, I actually, especially in the last couple months, have really enjoyed working a lot and really enjoyed just being more involved.
Starting point is 00:35:39 I think getting more involved in everything as well has just made me a lot more like eager to do it. And yeah, I've definitely enjoyed it a lot. And I would, you know, I do want to, I do want to grow more with you as well, Jack. I'm like, can I do it together, you know? Well, Andrew gets paid. I think for the everything that he does work on is all percentage based. So as long as we're growing, he's growing with me as well. And I didn't want it to be some fixed rate thing.
Starting point is 00:36:00 I want him to have a vested interest in the good performance. And not only that, but when he was. initially he was initially working for a fixed rate he was a great worker so he's he's a little bit money motivated but he's just a motivated person in general and i'm extremely happy and i've told you this a lot before like to have you on the team you do amazing amazing work don't know what i would do without you so good yeah i appreciate that yeah it's been good working with you guys as well but now if you wanted to you know getting this bedroom here we could maybe work out a deal where you get the bedroom. You could work in here if you need an office and, you know, I'll teach you how to
Starting point is 00:36:35 take care of the fish tank when we're out of town. Interesting. Yeah. Andrew, trust me right now, you do not want that, man. You do not want that. I think you do, though. If we can get a ping pong table here, then I could, you know, that could be something I can work with. But ping pong is is pretty big for me as well, as much as it is for Jag. We'll talk. All right, guys. So that's Andrew. That was one thing I wanted to do this episode was introduce Andrew. He's a big part of the team, I've always been behind the curtain, so I'm really happy to announce them to you guys. And that's it. The vacation, it was great.
Starting point is 00:37:06 Thank you for asking. At nine days, nearly no service. But we prepared pretty hard, like before the vacation, getting everything set up. Andrew did a great job, grabbing hold of the rains, making sure everything was running smoothly. And the one point that I wanted to make out of this whole vacation thing is, I would love to see you in this position to be able to do this if you wanted to. If an opportunity presents itself to you where you can take some time off, I've set it some. many times before i don't i don't want to go into the rabbit hole but i just want to say i know it's possible and i would love for you to be able to to set up i don't know man i love working i had such a
Starting point is 00:37:38 great day today got it comes up when he went to canada uh for the fourth of july we had probably at that time we were like the furthest ahead we've ever yeah we had like five videos yeah something crazy and he could have been in canada for a whole week if he wanted to and he chose to come back we did not miss a single we did not fall originally he had planned to miss like one planned video on the fourth of july on the fourth of july and um and he was going to come back maybe later but no he came back pretty much before monday i'm just weird jack i i really enjoy work i i know that you say that and i know you think you enjoy work and i i know you do enjoy work to a certain extent but i think and i've said this before i think you've been on the
Starting point is 00:38:20 biggest like dopamine detox for the longest period of time because i know i noticed no i've mentioned this before. I remember one specific event, Aerox Pingpong tournament. I went up to you. We were walking just downtown Los Angeles. We just got some ice cream. We didn't do any work the entire day. We were hanging out, meeting a bunch of cool people playing ping pong. And I just said to you, Graham, you just seemed so happy. But that's taking a day off. I'm fine taking a day off, taking a weekend. I love weekend trips, but I like getting back to work. I'm cool with that. I just think being able to drop and do something if the opportunity presents itself, I think is a great and I would love for you to have that.
Starting point is 00:38:59 And I love seeing you stoked like that. I really do. Yeah. Day trips. I love day trips. Yeah. Cool. Yeah.
Starting point is 00:39:07 All right. Let's grab dinner. Thank you guys so much for watching this episode of the Ice Coffee Hour. Shout out to everybody on Patreon. Shout out if we have any sponsors on this episode. Thank you guys so much for watching. Check out Alex's Instagram. And get your free stock down below the description.
Starting point is 00:39:22 And also check out my Instagram. Thank you so much. Andrew for doing all the amazing work that you do. that said you guys. Jack, did you get your free stock yet? Until next time. I honestly have not, man. Why?
Starting point is 00:39:30 Come on. I haven't done it.

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