The Money Mondays - Cannabis Expert Matt Morgan & Millionaire John Malott on Self-Made Success | E20

Episode Date: June 12, 2023

0:00 - From Prison to Network Marketing Millionaire with John Malott 27:52 - Growing a Cannabis Business with Cannabis Expert Matt Morgan Like this episode? Watch more like it 👇 Watch ALL Full Episodes Here: https://www.youtube.com/playlist?list=PLs0D-M5aH-0IOUKtQPKts-VZfO55mfH6k --- The Money Mondays is a business podcast here to teach you how to make money, invest money, and donate money by showcasing some of the world's most successful people and how they do the same. Hosted by serial entrepreneur Dan Fleyshman, the youngest founder of a publicly traded company in history, this money podcast gives you an exclusive behind the scenes look at how the wealthiest celebrities, entrepreneurs, athletes and influencers make, invest and donate money. If you want to learn more business and investing while you work to improve your financial life, you're in the right place! Subscribe for new weekly episodes: https://www.youtube.com/@themoneymondays?sub_confirmation=1 Dan Fleyshman, The Money Mondays Learn more here: https://themoneymondays.com Watch all the podcast episodes: https://youtube.com/playlist?list=PLs0D-M5aH-0IOUKtQPKts-VZfO55mfH6k Subscribe for new weekly videos: https://www.youtube.com/@DanFleyshman?sub_confirmation=1 Let’s Connect... Website: https://themoneymondays.com Podcast: https://podcasts.apple.com/us/podcast/the-money-mondays/id1663564091 Twitter: https://twitter.com/themoneymondays LinkedIn: https://www.linkedin.com/company/the-money-mondays/about/ TikTok: https://tiktok.com/@themoneymondays FB: https://www.facebook.com/The-Money-Mondays-110233585203220/

My philosophy is don't compete, create. There you go. When you're competing, you end up frustrated. Because like you said, you're going head-to-head with these guys. Like, I'm not going to try to do what you're doing. I'm going to figure out is there something you're missing and evaluate it. And we did that. I'm competing in a big space.

For sure. But I wasn't trying to be Andy Fercel. I'm going to be first form. I looked at first form like, man, I would love to be that. I love to be that. Well, let me see. I love the D4 and 50 million. Man, of course.

But let me see where there's a void somewhere in there and we found it in the delivery system. But I'm still going ahead against 800 pound gorillas. But we have a little void that we found and it's working for us. But when I'm out here trying to be Andy Fracela or Dan Fleischman or Eric Spofford, I'm just gonna end up frustrated.

So for me, the best advice I ever got was, was don't compete, go out there and create. [♪ music playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background,

I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background,

I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background,

I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, I'm gonna be playing in background, Ladies and gentlemen, welcome to the Money Mondays. I am co-hosted here with the real Tarzan. Rar! Today's episode is gonna be very good. This is a dear friend of mine I've known for many, many, many years.

I've watched him build his businesses. I've watched him exit companies, investing companies, help other entrepreneurs build themselves up through coaching programs, speak on stages and everything between. Please welcome Mr. John Malat. Hey! Hey!

I'm excited. Excited. It's good to be here. This one in theat. Hey, I'm excited, excited. It's good to be here. This one in the RV. This one's gonna be so easy. It's gonna be so easy. All right, so the way we work is we talk about three core topics, how to make money, and invest money, and how to give someone a way to charity.

But first, John Malat, give us the two minute bios so we can get straight to the money. Okay, look, I don't have all the things society says you're supposed to have to be successful. No college degree, no high school diploma, first felony arrest, I was 15, 18 months, do you know the detention facility when I got out? I tried to start a business,

but I didn't get the memo, don't get high on your own supply. Had a heart attack at 17 years old from using my product, was locked up again for a little while because of some circumstances around that. I finally get clean and things were starting to roll in the right direction, but in drug rehabilitation, I met a guy by the name of Dave. Dave was a former outlaw motorcycle gang member.

Dave was the one who said, real business is your way out, the way out of the neighborhood, the whole bit. Dave was the first guy who held the mirror up and said, you're here because of you, take responsibility. Anyways, from there, things were kind of rolling and my last felony arrest, I was 24 years old. Now as an adult sitting on the bullpen floor in the Milwaukee County Jail is where I made the decision.

I'm finally gonna listen to Dave and I'm gonna start to pursue and because nobody would hire me because of my background entrepreneur. It was either bum or entrepreneur. And so that's where it began and then network marketing was really the only place that I didn't even know what network marketing was, but I went to a meeting and they said, hey, you should join us. And I'm like, you really want me in anyway.

So that was the beginning. And for seven years, I struggled to make anything happen. It took me seven years to finally crack $100,000 in a year. And then from there things, you know, really have. My first year as a full-time entrepreneur, I made $4,000. So you could, wow. Yeah, I was great.

Yeah, everyone was laughing, man. I was still rolling in my Pontiac 2002 tone, one-tone, rust, one-tone dirt. It was just, yeah, yeah, it was good. It was just, yeah, it was good. It was good. Yeah, it was rough, man. But yeah, that's the story. If you see the tears, you know,

welling up in my eyes, every time I think about it, yeah. What was the turning point? When it was like, you know, we're gonna go from $100,000 a year after year seven to like, oh wow, we're starting to make some real money. Well, I can tell you for sure, it was, I had a few defining moments, but the big one was Lauren, my daughter, you know, when she was born, I now tell you for sure it was I had a few defining moment moments But the big one was Lauren my my daughter

You know when when she was born I now had like this responsibility. Yeah, I had a response I had a big ass reason why like I got to get her out of this neighborhood She cannot grow up in the same neighborhood So that that drove me man that that kept me up at night got me up early in the morning and Then it was just consistent now Because I was never consistent before, there was a big roller coaster ride. When I got consistent, I got some discipline in my life, things changed pretty dramatically, pretty quickly.

I went from like 116,000 to 220,000, to the next year was a million a year than it went to two million a year. I mean, I had to get her out. There was no way I could have a daughter growing up in that same neighborhood. What do you think the difference is from someone in network marketing that makes two or 300 bucks a month

versus two or three hundred thousand months? What is the difference? Taken it seriously. The challenge in network marketing is like, if you go all in, you might have invested $1,000. I mean, my wife has clothes in her closet that cost a thousand bucks, that she never wore. I had bad dates, cost me a thousand bucks with no possibility of return.

People don't take it seriously. So it drives me nuts when there's a misconception and a bad, you know, there's bad juju around it. And it's only because they say, well, people fail. Well, people fail and everything. If you don't do the work, you're going to fail, man. And if you invested, like, a lot of these companies, you can get in for 49 bucks. How serious are you going to take it?

But for me, it was like, do or die, because no one was going to hire me. And I didn't have another alternative. So I was like, I'm going to make this work, one way or the other. So if someone's thinking about getting into network marketing, how do they decide what brand product or service that they should be a part of?

This is another big, I just wrote the book, MLM's book MLM's dirty little secrets and I talk about this a lot, you know Just because your friend says hey, you should join me in business doesn't necessarily mean you should join him in business So it's the same way you'd evaluate with the way you would evaluate and I've heard you on stage many times We've talked about this how you would evaluate any like if you're gonna put money investment You're gonna invest your here here it's sweat equity, more than financial. So, I mean, you're gonna put your time into this. Who are you with?

What's the track record? Look, if the owners have had like several indictments, that's usually red flags. Yeah, and there's a lot of that out there. So there is some justifiable bad publicity around the industry, because wherever there's a lot of money to be made So there is some justifiable bad publicity around the industry because wherever there's a lot of money to be made, there's gonna be bad characters. So you gotta do your homework, man.

Dilligence, do diligence. Tarzan, when did you decide it's gonna go from your passion as a four-year-old, nine-year-old, 13-year-old, seventh-year-old, just loving animals to, I'm gonna go work with ZWF, I'm gonna go work with the zoo, I'm gonna go work at the pet store, when'm gonna go work with the zoo, I'm gonna go work at the pet store, like when you decide you're gonna take your passion

into a career. I knew from day one, you know, when I was a kid, and I was like, I wanna be in the animal space, I wanna be a zoologist, I learned what a herpetologist was, which is a study of reptiles and amphibians. And I mean, I had to be less than 10, I was like, bro, I'm not doing anything else. I was so sought on animals.

That was it. And even throughout high school and like college, they just think about animals. When I got able to work, I'm like, I don't want to be a waiter. I don't want to be a bus boy. I go, I go, I go shovel dog crap at the ASPCA for free. You know, like I just wanted to be all in on animals. And all of my business ideas are just surrounded by animals.

You know, how do I make, you know, I want to make pet food. I want to make better cat food, you know, at the time of never having a cat, you know, so it's like just constant flow of just turning my brain on what can I do for the better of animals, how can I learn this, how can I learn that. And it's just like an obsession, man. I love it, you know.

Let me tell you something. My daughter, Cody, is gonna freak out because she loves Tarzan. So, you did a shout out for one time and she's gonna just love this. Who's so pretty? You gotta bring her to the ball, Dungle. Yeah, we're coming.

We're definitely coming out. That's super dope. When you start to hit a pinnacle of a career, whether that's you're doing sports cards, you're doing restaurants, you're doing real estate, when you start to hit a pinnacle of career, now you have options. So people that are listening, you start to make six figures a year, regardless of whether you make seven figures a year, you start to get options. People try to post you to come work for their companies,

brands try to post you to come work with them, you have options. How do you decide at that point when you start to hit that six figure seven figure mark if you want to make a change to a different brand product or service? Man, that's the million dollar question. See, because I've made so many mistakes, you know, like people, especially friends, man, they'll approach you with the next greatest thing, and there goes another hundred thousand, there goes another two hundred thousand, you know, goes another 200,000. I've lost more than I've made trying to switch, trying to go do a different thing. I figured out that me staying in my lane works best.

And the investment in myself and doubling down on what I do really, really well, which is build an organization around culture and community that works. So for me, every time I step out, I mean, of course, I have investments. You know, like, you know, I own Apple and the products that I use, I own those products.

And those tend to work out. But yeah, me jumping in with one of my buddies and their latest deal Just and I love all you guys a little all my friends. I just I'm not investing with you So when people start to get approach about investing. Yeah, start to make six figures or seven figures And the friend does hit him up 25 grand 50 grand 100 grand twin whatever that number is how do they say no? See that I never I couldn't say no now. I'm now I'm catching on to say no, you know, whatever that number is, how do they say no? See, I couldn't say no. Now I'm catching on to say no. I say no a lot.

Like a lot, because I get pitched hundreds of times a month. And that's what happened. Well, anytime you get, that's what happened. As soon as you get money, I'm getting pitched in the DMs on Instagram, people hitting me up. Either they're asking for money for it. They said they carry a pigeon. For everything.

It's like, anyway, I think you're gonna be bothered. No one gave me the time of day before. As soon as I got money, it's like everybody. It really is alveading people the same way. You set it from stage yesterday. It comes back to track record too. If somebody's clever investor, Cody Spurler, is my business partner in our company. He's going to make it work.

Yeah, he's got the track record of making it work. You know what I mean? So you find someone that does it and has done it well and keeps doing it. I bet on him at all of, yeah. Yeah, you bet on the jockey now. I think it's all microphones and I would invest with him. Exactly.

He's gonna make it work. Yeah, so I didn't get that, you know, when I didn't have a business background, like, you know, I didn't have mentors really got, I had a guy named Jim Rohn early on who was who earned money If I sold something in network marketing, which you know Turns out you know he's Tony Robbins mentor. I didn't know I was at the feet of greatness when I was at the feet of greatness But I learned a lot from him more about building that type of business

But it I also learned about character, you know one of one of his biggest things was having unshakable characters So now I look for the character in people. People that scan people once, tend to scan people twice. And so I watched, stay away from people that have bad track records. A lot of times I say no by saying yes, and here's an interesting way.

The way I do it is I say, yes, I'll look at it, send me your business plan, send me your financials, send me the overview about the company. Do they do it? Nobody does it. I was going to say. That's why you told me this one time. I say yes hundreds of times.

By saying, yes, I'll look at your business plan, send over, here's my email address, send it along with your financials and your overview. So we don't even have a plan. Crickets. They just want the money. You know how funny it is?

And then they feel awkward ever messaging me again. Because the last message that says, yes, send me your deck and they never do it. And they never do it. And they show up at an entrepreneur event and I see them and they're like, oh, I'm really excited. I'm going to send it to you next week. He's been two years. I'll bet you 100 grand. You don't send me next week Because they're not interesting. The only time I ever get sent business plans is if they send it in advance

Someone starts off with a business plan. Then I have it. I've never said hey Tarzan goes send me a business plan Yeah, he never gonna do it if he starts off sending me a business plan Then I'm gonna see it. That's it. And I and people who are listening are like, yeah, right. I'm send me a business plan. Yeah, he never gonna do it. If he starts off sending me a business plan, then I'm gonna see it. That's it. And people are listening, you're like, yeah, right, I'm gonna send you a business plan. Okay, here's my email address.

Come on, DM me. I want you, I would love for you to send it to me because I am an active investor in 43 companies. I did 11 investments through elevator send to kid. I did nine investors through elevator rolling fund just last year. I want to invest with people and I don't have enough opportunities.

Even though I get three to four hundred pitches a month. Man. And you really think about the math of that. That means that four or five thousand times a year, someone sends me a business plan or someone says they're going to send me a business plan. Yeah. And I'm still only able to invest in around one or two deals a month. But it's all that noise.

Isn't that like everything though? It's such a small percentage of people that actually do it. Like I don't care what industry. We're talking about real estate, network marketing. I don't care what it is. It's a tiny percentage that will actually do the deal. You know, you've heard the Pareto principle,

the 80-20 rule, I think it's more like 90-10. So I guess it makes sense. A lot of people have ideas, but they don't execute on those ideas or follow through on them. Yeah, 90% of people do not send it to me. I'll take the other. 99% don't send it to me. Well, that's my new thing from here on out.

Say yes, somebody's been saying. But say yes, I'll look at it. Some people just plan it. Yeah, I don't say yes, all the best. Yes, yes. Well, because what, here's next part. When they actually send it, which is very rare, then you ask for the real part.

Do you have an investment document? You know how a few people have investment document? And I tell them like, what if I like it? You know a few of them actually have a bank account or their corporation or LLC set up? A tiny percentage. So when I do get business plans and I actually like it, I say, wow, great,

send me your financials, send me the investment documents, and then those people fade away. That's what's assorting. The whole thing is assorting. That's what I'm in the funnel. That's how I'm only getting to do one or two deals in a month because nobody just does the basics. You know how much it costs to set up shop? Not much. Yeah. Business plan is free. Your LLC is gonna be 300 to 1200 bucks depending on your state. Your trademark, you don't even need it, but it's gonna be zero to 800 bucks.

I wrote a book called How to Set Up Your Business for $100,000. I read it by the way. And in there, I showed you a set of a business for $100,000. Most people have pitched me that they're saying, I'm gonna raise $1 million at a $10 million valuation. Don't have an LLC. They didn't read your book. They don't have a C-Corp. They don't have a bank account

I literally let's say they pitched this and I'm like oh, yeah me, Tarzan, John, Malat. We're all in for a hundred cage We literally couldn't wire the money because they don't have a bank account That is that's fascinating. You know why I say it was so much passion because I want to wire them on You know why I say it was so much passion because I want to wire them on I want to be in the deal and I can't so that's why for the most part I only invest in companies doing two million to 20 million in sales because if they're at the two million sales mark They've gone through the process people have already you know spent money with them. They're not just an idea So for the most part like last year we did $44 million investments through elevator syndicate $3 to $6 million at a time into companies doing two to 20 million sales

I barely ever gets invested in pure startups Which I would never do through my syndicate or my fund. I would only do me personally I don't want to risk other people's capital on a pure startup idea. Yeah, however It's so rare because people just don't follow through with the basics And I know you're listening to us right now and you're saying I'm different. Please be different be different Like this should bother you that you don't do it. Yeah, because there are people like me tarzan John Malat Andy for salad and my let there's so many of me Eric Spoffer at all these guys amazing entrepreneurs out there Ready to wire that would if someone just showed them

Business plan over you financials and a real product or service. Not just another MeToo company, another one-of-be company, another knockoff company, we don't need that. We don't need another 1100th energy drink. We don't. There's no void in the energy drink space. We don't need a 700th tequila. There's no void in the tequila. If you're a celebrity listening,

we do not need another celebrity tequila brand. We don't. We don't. It's just mathematically, we don't. The bar's restaurants don't have room anymore for these products and brands. And the big ones, I will pay to remove you. I'll give you guys a quick story.

I had my energy drink back in the days. I was in 55,000 retail stores, and I was in a lot of nightclubs and restaurants and bars. And every month, I got to hear from restaurants, bars, and nightclubs that told me, hey, Red Bull just paid to remove you hey rockstar just paid ten thousand to remove you hey red bull just gave us twenty grand of the exclusive

hey if you guys want you could pay us thirty five thousand but if not you know monster energy gave us thirty thousand so if you ever get big in a category you're gonna be up against eight hundred pound guerrillas in every space there's no new space by the way there's eight 8 billion humans. There's nothing new. You don't have a new idea. You think about 8 billion humans that have dozens of ideas a month or a week times that by 8 billion you don't have a new idea. And so because of that I'm sending really realy-check with everyone right now. Like if

you are gonna start a product there has to be an actual void in the space. There is no void when it comes to energy drinks, tequila, and a lot of other categories that like that. Not to say that you shouldn't have visions and ideas and aspirations, but if you're going to do it, make it stand out. I waited four years for us to do this podcast. You know why? There was two million podcasts.

Two million. And there was, I don't even know how many hundreds of thousands of business podcasts. Why did we do it? Okay, we're gonna make a standout, we're gonna do an RV motorhome. I love it. Ding, there's one thing. Next, we're gonna put two guests per episode that are gonna be different types of entrepreneurs, celebrities, athletes, etc. Ding, sometimes we're gonna bring in snakes and pythons and goats and freaking RV.

That's definitely different. Ding, we're gonna make it only 40 minutes so that people that are listening can do their average work out of 45 minutes or average commute to work for 45 minutes. I love that. Ding, none of its rocket science is just making things that stand out. Otherwise, I would have been a hypocrite. Yeah. I just made business podcast number 242,000 like everybody else's podcast.

We wouldn't be top 10 in the world. We've been top 10 for all six weeks in a row. That's super dope. Because we did things to stand out. So if you guys are listening, before you launch that business, find out what we'll stand out. Look at the market.

My philosophy is don't compete, create. When you're competing, you end up frustrated. Because like you said, you're going head to head with these guys. I'm not going to try to do what you're doing. I'm going to figure out is there something you're missing and evaluate it and You know we did that. I'm competing in a big space for sure But I wasn't trying to be Andy for sale. I'm trying to be first form. I looked at first form like man I would love I would love to be that

Well, let me see I love to do four and fifty million, man of course, but let me see where there's a void somewhere in there, and we found it in the delivery system. But it's still, I mean, I'm still going ahead against 800 pound gorillas. And, but we have a little void that we found, and it's working for us. But when I'm out here trying to be Andy Frisella

or Dan Fleischman or Eric Spoffer, I'm just gonna end up frustrated. So, for me, the best advice I ever got was, don't compete, go out there and create. And so it's interesting, if you ever create a product that actually starts to build some buzz, if the competitors don't shut you down, they're gonna acquire you.

Yeah. For example, right now, I think that Gatorade is silly to not buy Prime from Logan Paul. Yeah. He is causing so much noise and so much disruption, but more importantly, he's getting shelf space, really, really valuable shelf space that Gatorade has had for half a century, right?

30, 40, 50 years, whatever it's been. Gatorade, if you're listening, you should be offering this kid $1 or $2 billion to take it off the market now. Before he goes from 250 million sales to 700 million sales, that's me too expensive. Because no matter how good of a product gatorade is, it's what gatorade is to me is my favorite drink.

I like the yellow gatorade to me. Like give me that any day of the week. That's what I want. I love cramberages and I like yellow gatorade. If you guys ever see me prime, doesn't matter what you think comparable product or not, is taking end cap displays. You know what end cap is when you go to a grocery store and there's a walkway.

The end cap is the first thing that customers sees. An end cap is the most priceless, most valuable real estate in a grocery store or a convenience store or a gas station. Prime has end caps in freaking Walmart. The Holy Mecca. Prime has in Kroger. Do you understand what it takes to take that away from Coca-Cola and Gatorade in Vitamin Water?

And I mean, like, this is mind boggling. This kid is 27, 26, 28 years old Logan. Like, I love him. But Gatorade, if you you're listening buy his company fast before you can't afford it. Hey, listen, come by my company too. And I say it because what John just said was he's up against eight hundred pound gorillas. And if he can stand out and he can poke the bear. Yeah. Instead of trying to crush him, they just acquire him. And so if he goes out there and does four

million and then 12 million and then 36 million at some point, they want to crush him, they just acquire him. So if he goes out there and does, four million and then 12 million and then 36 million, at some point they want to buy him before he gets too big. You see that happen in the food and beverage space a lot, and I'm expecting to happen to prime really soon, because when someone starts to get market share, like remember vitamin water? Yeah. Coca-Cola bought vitamin water for $4 billion and then showed it.

When's the last time you saw a vitamin water in a grocery store? That's true. Was it a 50 cent company? Yeah. Think about that. Haven't seen it. They wanted the shelf space. It's a good product, a great brand.

It's a great name, vitamin water, even though it's full of sugar. Like, it's a good brand of business and they shelved most of it. I didn't realize that. It actually is cheaper for large businesses like Pepsi, Coca-Cola, what's it called, General Mills, all these household name corporations, Procter and Gamble. To buy businesses, then start a new one. So if they see a new snack bar and you're like, why did RX bar get hundreds of millions a dollar so quickly?

It would cost them 75 million to 150 million dollars to start that business And it'll take them two years and it's a distraction from their business And so for a large corporation It's cheaper to buy them for a couple hundred million bucks than to spend 75 to 150 to gamble on a new one And so you're seeing that happen in food and beverage a lot because they want the shell space But they also want to save themselves two years and And for them, $200 million is nothing. And when we're caveat, when they acquire a company because they are publicly traded

and they go spend $300 million to go buy a brand, guess what, their stock goes up by $300 million to a billion dollars that day. So it's free. And people don't talk about that enough. Yeah. This is why we're on Monday's, right here. This is why we're here Listen people are you getting this? Do you remember that Spotify deal and people like I cannot believe Joe Rogan got a hundred

Brazilian dollars. Yeah, yeah, they're stock one up like one or two billion dollars that day Yeah, it's mind-boggling. Oh Joe Rogan got a hundred and two hundred million bucks insane We got four billion. Yeah, it's mind-boggling. Joe Rogan got a hundred and two hundred million bucks insane. We got four billion to three. Right. One day. So when you really think about it, if you can build a company, like John just mentioned,

and you start to actually poke those bears, the eight hundred pound gorillas, and start to get noticed, they're either going to crush you, or they're going to buy you. And a lot of times they're going to want to buy you, because they want to, what's called, aqua hire you. Imagine you buy John Malat's company and you get John Malat's brain. And he works with you for two years, three years or five years. Probably can't afford him for five years, but let's say you get him for two, three years. So let's say a big brand, big supplement company goes and buys him for $96 million, but they get

him for two, three years. The value of a $4 billion brand getting an executive like John Malat's a B there for two years is going to probably make more than 96 million bucks. Yeah. So it's free. And if the public traded, they're going to do even better. So I say that because there are companies when I try to give you the gloom and doom of like, there's so many different companies in every category, there is make your stand out and make it so that's different enough that one of these big companies wants to buy

you. All right. The last segment. We talked about charity. Yes. So we talked about making money, we talked about investing money, we talked a bit about giving money away to charity. How do you decide what you're going to cut a check for?

Or how do you decide what you're going to rally the troops? You're going to get your community, your city, your family, and friends to get behind a certain type of charity? You know, for me, it's pretty easy because of my background. And there's a lot of young people that are just off track. And it's hard for young people to find direction today. You know, there's everything's being thrown at them.

And you're kind of all over the place. You got social media, you know, a lot of times having you worship or follow or being hammerored by maybe the wrong people in the city where I grew up in, you know, the crime rate per capita is just insane and it's getting worse, it's not getting better. So for me, my money, my charitable donations go to causes that help at risk youth, you know, to me, because in the end it was a drug rehabilitation program. And one guy who saw more of me than I saw myself that got me on track, and he was the first guy gave me a book.

You know, how to win friends and influence people was my first introduction to personal development at 17. And I was, like, I had dropped out of school already. I had already done 18 months in the juvenile detention facility. I was already kind of hardened in thinking, I lost my sister to heroin at 21 years old. My brother, who's two years younger than me, been in and out of prison his entire life, heroin addict.

They just weren't a lot of people around us directing us in a positive direction. So I've put a lot of money in different places. I've invested in, so the cool part of that, you can, I've invested in drug rehabilitation programs, things like that, that were actually got a return while I was helping, so I was doing good and while doing good. So that kind of stuff, I can really,

and I didn't care if I lost my money, what they were doing to me made a lot of sense. Explain that line, doing good while doing good. Doing good while doing good. I mean, I find I like to invest in things that will impact society. I never got that concept until about a decade ago. It just made something because I'm more concerned. When I have four daughters now, so I'm really concerned about what does this world look like

in 10 years? For sure. 20 years from now. I have a 13, I have a wild-ass 13-year-old that, you know, I want the world to be good. And so I'm trying to find areas that are gonna have impact particularly for her long-term stuff. And if we don't have our youth right,

I mean, that's all I like it. I don't want to be some old dude, you know, worried about walking down the street everywhere I go. And when people are desperate, they do desperate things. So the founder of Cash I've got stabbed us with. Man, I just saw that in San Francisco, right? For no reason. It's terrible. Senseless.

That's the, It just hurts me. And if we don't solve that challenge, we got much bigger challenges ahead of us. All right, guys, you're listening to the Money Monday's episode here with John Malat and co-hosted by The Real Tars in. We always have you guys have one favorite end of these episodes. Visit us at themoneymundays.com. We do our weekly coaching there, every 4 p.m. every Monday, specific standard time. But we want you guys to share these topics. You're hearing things that are very important

about our society, about money, about investing, about stocks, real estate, at least as apartments, everything between. I want you guys to feel comfortable talking about money because we all grew up thinking it's rude to talk about money. And we think it's rude for you not to talk about money. So make sure you talk about the money Mondays,

talk about money with your staff, your friends, your family, and we'll see you guys next Monday. Hey. Hey. Hey. Hey. Hey. Hey.

Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey.

Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. Hey. was the real Tarzan. We have a very, very, very special guest I've known this guy for many, many years. I watched him build a $100 million company with 160,000 square feet of warehouse space right across from the Spreemur Rhino in Las Vegas. I'd never been the Spreemur Rhino, but I have been to his reef building that he built right there.

It was fun to watch it and watch what he did and build it in multiple cities. And so we're going to talk to him about business cannabis crypto investing and all things in between So he's a perfect guest for the money Mondays. Please welcome mr. Matt Morgan All right, Matt the way it works is we talk about three core topics how to make money I invest money and how to give some way to charity But first we want to get your two-minute bio so we can get straight to the money amazing So again, thanks for having me guys. Driving all the way over here to Miami, Florida.

So I appreciate you guys making the trek across the country. Recently, a farm boy out of Montana. I grew up in my grandparents' farm. I got fired from every job I had growing up. Basically, I had a hard time taking direction from people that I felt like didn't know what they were talking about. I started reading a lot of books from people that I felt like didn't know what they're talking about. I started reading a lot of books from the age of 12 to 18, Awake in the Giant Within by Tony

Robbins, Rich Deb Portad, Thinking Girl Rich, to start a reprogram my brain, thought my teachers were full of crap, and so ended up going to college for 10 days, dropping out, and yeah, started on my career as a professional entrepreneur. I had a successful career in real estate in my early 20s. I started going to developers, builders, over leveraging myself, thinking that I was invincible. At 23, 2000, I came around and I was over leveraged and lost everything. So that was my first lesson on economic cycles. Had to recalibrate and figure out what was going on. So I ended up deciding that cannabis was the next big thing.

And it had fully diving into cannabis in 2008, so pretty early on. And failed miserably at first, fast forward from 2010 to 2018, built over a billion dollars in cannabis companies. And did a few more things, did the biotech company after that? I got acquired in 2020. And then since then, I've just been using some of the capital that I got through my exits and deploying it into a very diversified portfolio

of operating company, passive investments, and having a lot of fun. And now in 22, I dove back into cannabis for an international play. Oh, interesting. Yes. All right, so there's a lot of time back there. Obviously going from real estate to tech to cannabis and everything between, let's walk through and start with the main on the cannabis side. When you were building the cannabis space,

it wasn't as legal and easy with billboards and things that like back then it was the Wild Wild West. Now you're seeing it everywhere because it became recreational and people could actually get approved in a lot of states. What are your thoughts about people that are going into emerging markets, whether it's NFT, cannabis or things that they don't exactly know what's going to happen with that market? How did they navigate it?

Is it lawyers, accounts, research, what do they do? I would say be controlled for, are be prepared for controlled chaos. And there's gonna be a lot of guesswork. And I don't know, it's just something that comes from the gut. You know, you have to kind of look at what your vision looks like. Outward looking, one month, six months, 12 months, 18 months, 60 months, and kind of position yourself strategically, you know, from an aspirational standpoint of where you're heading,

and then try to position yourself so you can monetize all the way along. Sometimes you make bad bets, sometimes you make great bets in assessments and hopefully there's more winners than losers. When I was out there visiting the very first time, I mean, you were building over 100,000 square feet in Las Vegas when, again, cannabis was in the wild

wild west phase, how do you make the decisions? You know what, I'm gonna build this humongous, multi-story facility with hundreds of employees, like how do you go the decisions? You know what? I'm gonna build this humongous multi-story facility with hundreds of employees like How do you go through that thought process? So I'm a huge fan of calculated risk You know, I like to gamble but normally the casinos have odds against you So in business if you understand what you're doing and the lay of the land and the assessment You can make very calculated risks. So in Nevada, when you saw what I was building,

I had deployed $35, $40 million on that project. First of all, I landed in Las Vegas before having licenses, and I'm like, bring me the largest M1 zone building, it's close to the strip. So they brought me to that building across from Spirament, it was an old food distribution site, I'm like, I'll buy it, and it was eight and a half million bucks.

And they're like, okay, I'm like two weeks, no contingencies, I'll close cash. Oh my God. And hey, we're like, oh my God, who is this kid? Right, how's it going? 28 years of life. And so I bought the building, because I knew that, first of all, I knew the building in Vegas would go up in value. So whether I was turned into a pot, you know, shop or not,

I knew that that building was going to work with a lot of money. So I was like, all right, this safe investment. So then as I'm building my executive team and I start putting these apps together, I knew enough about the space by that time, I'm like, these are good apps. And then I started talking to politicians and county commissioners, I'm like, all right.

And I'd already flown them to my other operations in Arizona and I let them do a Q and A with me. Like, what do you like about the program? What would you change? So I thought, they literally already knew who I was and I was kind of like the golden boy from Arizona that was helping them craft their program. So I'm like, all right, you know,

the odds of me not getting at least one of these licenses is very, very slim. So I'm gonna take a calculated risk and start building so that when I get the license, I'm so far ahead of everybody that I'll crush. If I wouldn't have got a license, I was prepared to buy a license anyway. So whatever it was gonna take, I was prepared to buy a license anyway. So whatever it was going to take,

I was going to be in business. But the calculator risk paid off, and I put in eight applications and got the eight high scores in the state. So that was the beginning of what became like a big machine. As far as how I built it out, no one had built the cultivation really of that size indoor. So I've always had to like, no one, there's not like a playbook of how to build a can

of its company, because no one had ever done it before. So I'm like taking pieces from like, all right, how do the big hotels do climate control? And how do they control 5,000 rooms if you're the MGM grant? Oh, they use centralized chilling systems with air handlers and ducting systems that's you know, 75% more efficient than normal like household condensing units. Because historically, guys would just build a room and then put an AC on it. And then build a room and then put an AC on it. And I'm like, no, we're going to centralize everything and make this so efficient

that would become a low cost provider. So it's like, you just take bits and pieces like when I'd build an executive team, I wouldn't say, who knows the most about marijuana? I would be like, all right, that guy works for Disney and he's really good at finance. So he understands a lot of moving parts and operational components within the Disney ecosystem. I can just show him how marijuana works and he can apply those same principles. I actually didn't want people from the space. I wanted professionals that were the best in their class.

Now let me inject cannabis into that equation. When you're in a market like cannabis, there's thousands and thousands of brands that are popping up. How do you stand out? How do you keep customers? How thousands of brands that are popping up, how do you stand out? How do you keep customers? How do you get them the first time and how do you retain them? So I was always, I was always one of the youngest CEOs and so I felt like that gave me a huge advantage.

I didn't have the experience of the older guys, but I was also very open-minded. So like when I started Bloom in 2011, I was aggregating data and using text messaging blasting and any technology I could like emails. And then I was like aggregating and slicing and dicing that data and then I'd be like, all right, this guy buys vapes. So like every three days hit him with a vapes. You know what I mean?

And I was so far ahead of the competition that we were like doing millions of dollars in revenue on a monthly basis within like months. And then social media started really build a lot of momentum because Instagram started pick up steam. So my next cannabis company, I'm like, these guys can do all the billboards they want in magazines. I'm gonna go all in on social media.

And I was like, how do I create a household name brand from dinner? Oh, I leveraged celebrities following that they've been building for years. So I started grabbing different guys like me and Burner became very close with Reef. And he's like, hey, mind if I bring my friend, who is Khalifa long? I'm like, yeah, let's go.

So then we curate and drop Khalifa Kush for Whiz and it became a smashing success. So then every, like Burner was known as the guy, he wasn't what he is today. I mean, he blossomed into a powerhouse in the space, probably a well, most well known guy. But back then, it wasn't like that. He was on the come-up and he was crushing it, you know, a powerhouse in the space, like probably a well, most well known guy. For sure. But back then it wasn't like that. He was on the come up and he was crushing it, but he did, it wasn't at the level he

is now. And so, but every, he was known as the guy who had the best weed. So every celebrity when they came to him like, yo, burn, can I get a bag, right? So now this was looked at as burners place in Vegas. So every celebrity goes to Vegas. So they're like, hey, burn, I'm in Vegas, can I get a sack? Is most of them smoke? So I'm like, yeah, I, I'm in Vegas, can I get a sack? It's most of them smoke. So I'm like, yeah, I'll give you a gift bag quote unquote.

That costs me $2,300. What is all that posting on social media where they have 20 million followers, dude? What's that worth? That's worth hundreds of thousands, if not millions. I'll give 100,000, okay. So every kid on this following their idols, on social media sees them with these reef bags

and all the products inside of it, cleaf of cush, you know, exotics by burn or whatever it may be. So every kid in their head is like, oh my god, I have to go to reef when I get to Las Vegas. And Phoenix and wherever else we occupied, right? I just ingrained in their heads that if the celebrities go there, they must have the best stuff. It must be the cool place to go. So every kid had to go there, everyone had to go there.

And actually, you know, there's,, there's a line at 24.7. Like we did a million dollars and 24 hours. That is nuts. So let's say someone's thinking about starting a cannabis brand, a CBD brand, or a clothing line or anything else, how do they decide if they should be cheap low price point, medium price point affordable or super high-end? You know, I think it depends on what market they're entering.

Obviously, if you have the capital and you can make a premium quality product, I think premium brands are definitely the way to go. You know, you never see Louis Vuitton on discount. But also, you know, a lot of bulk sales happen in the middle of the market. I would say the majority, like in cannabis, most of the sales occur within the mid shelf stuff. Sales, you mean exits? What's that? You mean like exits, like acquisitions? No, no, no, no sales for like...

Discounts. The consumers are buying the product. Got it, okay. It's like the mid shelf stuff. They don't want the low quality stuff, like 25 and 8th, but they want something like 35, 40. They don't want to pay 65, 70. But they want to go to the place for, they see the best products in the magazine.

It's like, I still shop there, you know what I mean? It still gives them that recognition as a consumer, that they're a high end consumer. So it just depends on what you do, do you want to, you got to identify and I decide who you want to be. Do you want to be Louis Vuitton, or do you want to be Walmart? I mean, if you look at two market caps, there's obviously that most people don't have the want to be Louis Vuitton or do you want to be Walmart? I mean, if you look at two market caps, there's obviously that most people don't have

the luxury of buying Louis Vuitton, but everyone has the luxury of shopping at Walmart if they want to, right? They aspirationally want to shop at Louis Vuitton, but that's just not the reality. And the wealth of scrap and see from the low class to the middle class and the upper class is getting wider and wider, right?

So you're going to be servicing to a much lower percentage of clientele with the upper echelon brands. So I think you just need to look at whatever market you're entering and the demographics of that market and see where it's being underserved and then, you know, go for it. So let's say someone like Tarzan gets 200 million views a month, wants to start a pet CBD brand and he comes to you and he says, here's my deck. It's going to be called Wild Jungle, a pet CBD. I want to raise $2 million for my brand. How does he determine his valuation?

What does he do? What would he do to convince someone like a Matt Morgan to invest in their company? So I mean, he's already got the hardest part tagged with its exposure, right? He's already built the following through his travels and exotic animal encounters and everything else. So it's not hard to sell Tarzan in a pet CBD brand.

He's already an expert in the space, right? So I mean, any sophisticated investment, be like, yeah, like, you know, are you going to run it? Who's going to run it? Like, what's their experience? But marrying Tarzan with a differentiated product in a sector that he's an expert is a no-brainer. As far as valuation goes, I mean, you've got to look at the market size of the market,

how much you can penetrate that market, how much of that market share you think you're going to gain, and take some sort of discount to that, because no one's ever perfectly right, and sometimes assumptions can be a little bit over-inflated. Of course. and sometimes assumptions can be a little bit overinflated. And entrepreneurs can tend to get a little bit exaggeration on their, but because they're optimists, they're all very optimistic. Like, I can do this, I can do that. If I just get 1% of the market,

the market's $6 billion. Exactly. I had a mentor, I still talk to every week, but he said, just plan on everything, taking twice as long and costing twice as much as you think. Right. Because a lot of entrepreneurs have unrealistic expectations. So it'll all boil down to numbers and besides a market and everything. But it would be, for being a

startup, I think it'd be very favorable terms to Tarzan being who he is, his following and the product that he wants to distribute. I'm glad you said that we have a deck right here. Perfect. Let's go. All right. So we talked a bit about the making money side. Let's talk about the investing side. So as you start to exit companies or build up in your career or someone that's listening, they're starting to make a couple hundred thousand a year. They got some extra money.

They want to throw in 25K, 50K, 100K into things. How do you determine what you're going to invest your money, time, or energy into? So I think you need to classify your investments into low risk, medium risk, and high risk. And then depending on your risk appetite, my risk appetite is extremely high. Like my wealth advisors, like, you know, here's like the S&P 500 investments, here's like the NASDAQ, here's super high risk, and you're like somewhere over here. He's like, yeah, he's like literally, like, I got to like, talk you off a ledge all the time. So like, for me, calculate risk is I like very high risk. Most people can't stomach that.

Like crypto, I consider very high risk. Right. The government could pass a bill that says they can take your crypto or your digital asset whenever they want. And they can go to $8,000. We just don't know. And so you just have to decide, like, all right, what kind of person am I? Because most people will get very emotional when they invest. And so you just need to be careful. And I would say use a lot of your free time, instead of watching Netflix or, you know, probably still watch your dog if you have to, but I would

take a lot of your time work. Like when I was younger, we didn't have access to all this information. And now it's like AI and everything. It can like give you like immediate answers to so many things when we have to scrub Google for hours to find answers. So with the way access to information we have now, you can become an expert in anything you want if you're just willing to dedicate yourself and read. But any sector or vertical you want to start becoming an investor and the more knowledge you have, the more data that you can go through, the better chance you have of winning in that investment. I mean, there's been times when I just like jump

into verticals start firing away without really having a lot of knowledge. It's exciting but like it's called learning by trial by fire. Right. It can get very expensive. And so I think you just have to decide what kind of person you are. If you like to see slow growth but you want to make sure you know how there's not a high risk of you losing your money or if you're more in the middle and you're like to have some some option for some good upside but also don't really want to lose all your money in 24 hours and then the high risk stuff or it's like it gets really crazy but classify there decide what kind of person you are and then build kind of a pie chart.

I'm going to put 10% to high risk, 40% into medium risk and 50% to low risk. And I break it down further like investments cash in the real estate. So that would be like one part of that chart. So when someone's at that turning point, they start to make some money, they found some investments. How do they determine how much do I invest? Like I've got a couple hundred grand and coming in, but sometimes what I've noticed is someone's making a150,000 for the year and they went from making $50,000 to $80,000 now they're making $150,000,

and they just go all in on that one thing. What would you say to someone that's like, I know this is gonna work, this is the new crazy, amazing project, I'm gonna put all $150,000 into this one thing. I've seen it happen a lot, and I've seen a lot of people lose a lot of money. Their whole savings basically.

A lot of times when something sounds too good to be true It is so I would say make sure you know what you're doing and you better figure out how to make it work Whether you're the operator of that new investment or just a passive investment. I would be very careful The other thing I see people see that I see people do often is they start at 50,000 a year and then they go to 80 120 150 their lifestyle lifestyle follows the money. So it's like, really you're at the same place, you're still a slave to that job because you don't have disposable income that can create something else for you. If you just have a new BMW and a little bit of a bigger condo now instead of staying

living below your means and having that extra money to invest or hopefully invest maybe even yourself or a new business that you work on, off hours of your normal job until you can cut the chain from the slave job. It's actually what everyone talks about next is outside of investing in the companies with the stock market real estate, what about investing yourself? What can people do to invest more into their selves or into their minds? So I mean there's a lot of things you could do. And a lot of this is free, right? Investing yourself can be very free. Read a lot of books.

There's unlimited YouTube videos. There's so many platforms where you can gain unlimited knowledge today. Like, I remember when we were young, I had to go to the public library to get books and stuff. And now you just, I mean, you can load as hop and your computer and it's like a portal into like infinity of knowledge if you want to dive in.

So, the other things you can do are go to, you know, sign up for different mastermind events. I know you put on some of those. I've been part of them and they're great. The networking is, you know, second to none. And the information that you can get from some of the instructors or from the guest speakers is top notch as well. The other thing I do, for example, is I do a lot of biohacking, so I invest a lot in my body and my mind. I have a cold punch in my house, I get in when I wake up, 45 degrees.

I inject a lot of different peptides for physical abilities as well as memory, recall for brain processing power, things like that. So I'm trying to figure out the whole limitless concoction, but I think increasing your overall self, whether that's physical, mind, or both, I think that gives you a huge advantage to the general population. How much money would you say you spend on the inside of you? Like you're extending your life? Probably a quarter million a year. $20,000 a month.

Yeah. Pebtides, vitamins, supplements. I mean, yeah, I take 60 things a day. 60 things a day. I have a chef to vacuum seals my meals, like partially cooked, but not so I just drop them in boiling water. And then I have a meal in like seals my meals like partially cooked but not so I just drop them in boiling water and then I have a meal like three minutes like fresh I do stem cells three to four times a year. I'm starting to do exosomes now a lot of ozone treatments

Yeah, so you're gonna be drawn every three months I've never felt better. I just turned thirty-eight and I feel better than when I was twenty So Tarzan on the learning side how do you learn so much about the animals themselves? There are scientific biological names and all the fancy stories and how long they live and what do they eat and they're diet. Like how do you learn all these things? Well, I'm curious for one. For instance, there's 3,500 different creatures of snakes. I have like a one two three

It's like where they come from how big do they get? What do they you know depending on where they come from They've been a mess or not, you know, some space like Australia. It just came back from there at the most you know Most venomous snakes per square inch out of any place on the earth top 10 most venomous snakes over there If I go to Brazil, it's like, you know, it's anaconda is over there I'm excited about an's like, you know, it's anacondas over there. I'm excited about anacondas, you know. If I go to Indonesia, it's like the largest snake on the planet, the longest one,

they're reticulated python. And the largest venomous snake on a planet that King Cobra live in the same territory, you know? So it's like, depending on where I go, I won't want them up birds, you know. I'm going to South America learning about, you know, two cans and macaques. It's just, I'm just curious, you know, and learning these things to retain it.

I forgot what they eat, where they come from, how they live, what time of year they meet, when they meet. There's all these different questions I have, and with just different variations of research. And then, into one species, allows me to be curious in other species of animals, and they're so species, you know, so, like I dolphins, it's like you know, dolphin here, pink dolphin in the Amazon River, right? And there's like, Keller Wales and then there's you know, that's just all types of sharks and you know, there's just so many different things that I'm interested in, down to ants, you know, I love ants. I don't know what you're going to know, but it's curious man, right? Would you say that your ability to continuously educate self about animal comes from passion

of loving animals and just being completely infatuated with them? Absolutely. And like, I mean, I'm sort of ano-planet and the internet and public library and magazines. I love to learn. So go into different countries and learning from locals, you know, or people that like I've met scientists that have zero clue about snakes, but they know everything about primates. And they know everything about leeches,

or botany. Probably have to. Yeah, so I'm learning so many different things in that area while they're asking me about crocodiles and snakes, like, oh, what about this? What about that? It's like bouncing off. And I get to basically close a book that I know things in

and then relearn it again from different perspective You know from a different teacher and I just again, I'm just so curious because I learn new things all the time about the same animals I've obsessed over my whole life Stove you know you're like one of the few people actually gets to live out their dream and do exactly what you want to do Which is rare one of my few questions just, probably you can help me answer too. Okay. I know humans have an endocannabinoid system, right? Am I saying that right?

Correct. Do animals have that? Mammals too. Mammals too. You reptiles have it, right? Not the unaware of. Yeah, it's only mammals as far as I know, but all mammals do.

Yeah, long time ago, one of my dogs got caught in a fence. He's like the jump. Okay. And I gave him some CBD because you know, help his wound treatment and healed so much faster than another dog I treated. Yeah, with no CBD. Really?

So he did like a little test. A little test, yeah. It was a control. Yeah, it was cool. Well, I really liked it. I've noticed that cannabis helps dogs specifically a lot whether they're hyper or angioc, or whatever it may be, but it really chills them out and like brings them to like a equal room. Yeah that's cool man. Do you think that

cannabis will ever be federally regulated? 1000% I would bet everything I have on that but they thought Biden was gonna do that the first week he was in office they thought Biden was gonna do a lot of things probably. Just for anybody likes ice cream. He loves ice cream. He loves ice cream. Ice cream is gum in the ice cream. So there's the cannabis companies boomed in that would be January of 2021 actually. And on the premise of Biden was going to open a wide up and you know it'd be like a normal business wall. That didn't happen. So now you have this big log jam. There's no liquidity. The cannabis stocks are down like between 80 and 95%

depending on the company. And so now you're just seeing like companies drop left and right, massive consolidation. So this will be like the big consolidation event. The strong will be standing and then the federal legalize sometime in the few. I bet you actually were a public in legalize it. Which is super crazy, but I think that's what's gonna happen. And so

you'll see the giants kind of emerge from all of that which become like the A to say but the Anheuser bushes of the world. Yeah that's first time I thought of yeah. So it's it's very it's gonna be very interesting to watch a playout but if you have a big war chest of capital now is the time you start rolling up extremely distressed assets waiting for that massive Pump when they announced legalization because that's when there's probably estimates of like 800 billion an institutional capital sitting on the sidelines Oh my god, and that's just in America and so that's just sitting there waiting There's only so many assets for it to go on to so that pours in I mean you're gonna see like you'd be sitting on like a geyser

And then if you if you can exit in that one year period when I announced legalization for a sample implementation, you get some crazy multiples, or really hard to wrap your head around. And I only was, I know this, because I saw what happened in Canada, and announced legalization in October of 17, and then illegalized in 18, and that from 17 to 18, the craziest, I saw companies sell for a hundred times revenue. Yeah, wild. And that's, and can't only has 120 of the amount of institutional capital that America does. So I imagine it'll be like that on steroids basically.

Do you think that the people that were locked up for nonviolent cannabis related charges will ever get released? I'd like to think so, man. It makes me sick to my stomach. I think people are rotting away in a jail cell because of a plant. You know, I got in an OA because I saw what was happening, and I first had to first had to count of what the plant could do for people's lives. Some of my buddies that were in Iraq had severe PTSD, and what saved their lives was cannabis. And they used cannabis on a daily basis. The VA had them on like farmaceuticals, and it was really, Iraq had severe PTSD and like what saved their lives was cannabis and they you know used

cannabis on a daily basis. The VA had them on like pharmaceuticals and it was really had no quality of life. So they got off everything utilizing the plant and obviously I have served millions of people cannabis now and I've seen it. I've seen what it can do for a person suffering from stage 4 cancer and whether it's from the cannabis or not I've seen people, a lot of people that were supposed to die in, you know, six weeks or eight weeks or ten weeks, and that were alive two years later for whatever reason. So, there's people at Harvard Medical Institute that say cannabis is the most medicinal plant on the planet.

My friend, Daddy Marion, Israel, they've been researches, they've been researches, they've been researching for decades. He's curing cancer with specific strains of cannabis right now. And now he's trying to figure out why. He's called the mechanism of action. But he is curing cancer with, he'll put blueberry cannabis into a petri dish with breast cancer and it will completely eradicate it.

But then he'll put pancreas cancer and then it won't do anything to it. And then he'll put green crack and other strain in a petri dish and it will kill the pancreotic cancer but won't touch the breast cancer. So it's, he just can't figure out why it's happening, but it's definitely. I mean, I think nature has the key to everyone of our issues. And I think that pharmaceutical companies are running rampant and I think we have a pharmaceutical pandemic in the United States. No other country operates like this. They have complete control of the politicians and everyone else. I mean, it's wild. I trust traditional medicine zero at this point. I trust the FDA zero.

And that's why I do all this preventative stuff stem cells, peptides, and I haven't been sick in a long time. Many years, thank God. All right. For the last segment, we'd like to talk about charity. We'd like to about whether it's giving away money or what we also like to mention is you don't need to have money to do charity. There's a lot of things you can do with your time, energy, social media, rallying the community together. Some of the charities that we do, you don't need money to do a toy drive. You got to get everyone else to bring toys over to the kitchen. When it comes to feeding the homeless, you just rally the community together and they'll help you feed the homeless. And so for people listening, even though we're

called the money Monday's, it does not take money to do charity. You can rally the community together and they'll help you feed the homeless. And so for people listening, even though we're called the money Mondays, it does not take money to do charity. You can rally your community around you to come do a building and bring food for the homeless. Come to this building and bring clothes for women that are in women abuse shelters. Come to this building and bring toys. Come to this building and bring turkeys and cranberry sauce for Thanksgiving. It's just rallying the community together.

If you can happen to donate fantastic, but here we like to have this segment where we ask people, how do you decide? Like what charities you get behind, whether it's financially or putting a personal brand, because you got a lot of followers, when you say something, people listen, how do you decide what to put your personal brand or your personal checkbook behind? Normally, if it's like a story that hits close to home, but honestly, my biggest passion for charitable causes is actually animals. Like when I see animals get abused or abandoned like it, you know, yeah, I literally want to like, I think that should be punishable by death.

For sure. Because we're in a position of power and animals are like innocent and so like, just like I've seen crazy stories that just wrecked me. So for me like, you know, whenever we're getting rid of old clothes or old towels or anything, we'll like bring to the Humane Society. Anything we don't use that they can use the animal shelters will donate to them. But actually, Tarzan, I like this. My actually, my life goal is to accumulate 10 figures of wealth. And then I want to buy a million acres in Texas and then put part of it into money market side. There's a return. so there's a constant flow

to run the whole thing. And then use some for infrastructure and then rescue animals, whether they're domestic or wild, like if there was a case like a joke exotic issue, bring all the tigers over. Well, if you need someone to operate in Israel. Birds are actually very cool. I have two parrots, so I have a golf and cockatoo

and a black winged jardine and they're like little kids, right? So I see how intelligent they are and then I see parrots in these little cages and I'm like it's not right. And birds aren't protected in any of our bills or laws because they don't fall under mammals basically. So I'm actually going to start putting money behind getting bills passed for birds. So that's my goal as to actually save as many animals as possible that were mistreated by humans. And then I want to get almost people that can pass drug tests and also orphans and let them work at the facility.

And I'll take care of the animals to try and rehabilitate them back into society as well. So that's my goal. I'm going to try to pull off in the next, I'd say eight to 12 years. I'm there with your buddy. I appreciate you. I believe that would say eight to 12 years. I'm there with your buddy. Hey, appreciate you. I believe that you're gonna do it. But it keeps me motivated, right? Because at this point, money doesn't really motivate me that much.

So I have to have something like out there that I'm striving for and reaching. And animals are definitely, it's unconditional love. It's different, humans can be dangerous and have ulterior motives where animals just want to live. I have respect and appreciate Tarzan for dedicating his life to animals. When I ask Tarzan, I say, what is the most dangerous animal on the planet? Is it hippopotamus? That's what I was here. And he answers the same thing every way. How

do you answer? Humans. By far. I mean, we're the most destructive thing that ever graced the earth. And I don't know. I think that I would argue maybe we're the dumbest animals ever be on earth. We'll be the first thing to eradicate ourselves. For sure. Yeah.

So it's crazy. But Dan, you have some great points about, you know, you don't have to have wealth or anything to give to charities, but I would also say be very careful of the charity that you're donating to and maybe try to get closer to the cause you're trying to donate to because a lot of these charities have executives that make 600,000 dollars a year, right? So I just hate to see people trying to do a good thing and then get to take advantage of, but I would say just figure out what you're passionate about, whether it's helping people or a very specific type of person that's in

need of, you know, battered mothers and children or whatever it may be, and then try to figure out how to answer yourself into helping alleviate some of the pain that's inside of that area. Last question, as we go into 2023, 2024, there's a lot of chaos in the media. People are nervous about a recession and the whole world's burning down, et cetera. How do you tell people to stay calm amidst the chaos? It's hard because the average person is scared. There's too many unknowns, right? We're up there, like calculating all these risks

and be like, this could happen, this could happen, I'm gonna put this over here and do this, but I get it. I mean, there's a lot of unknowns, there's a lot of uncertainty, stabilization. The USD, you know, looks like someone's going to challenge the US dollar as the world currency. The US might be preparing for financing a war against that. So, like for me personally, I focus on cash flowing businesses where there's an exchange of value for something.

Try to make sure it's something that people need. It's a need not a want, right? Like if the world goes to shit, I'd like to luxury watches might not be that important, right? But selling rice or selling survival kits might be very important. So I like that because you never know, like it's a dollar gonna collapse,

it's a cryptocurrency, you're gonna collapse. Are they gonna manipulate the precious metals markets? Is a stock market gonna collapse? Like you just don't know what's gonna happen. No one has a crystal ball So I like to build businesses where this got to be I think changed for something for value Yeah, so whatever the value is they're gonna be exchanging that for whatever you're offering assuming that it's something that they need yep All right, ladies gentlemen, you have listened to the real tarzan map Morgan make sure to follow them on social media But have one important request of the end of each episode is to visit the money Mondays calm make sure to follow them on social media. We have one important request of the N of each episode is to visit theMoneyMundays.com.

Make sure to share these episodes with your friends that care about money and have discussions about money. We all grew up thinking it's rude to talk about money. We think it's rude to not talk about money because that's why we're in a lot of the financial crisis that we're on. Schools need to teach about money, money, management, finances. They don't teach about any of it on purpose, so that you become a slave to your job and your hamster on the wheel.

We are here to fix it. You are not a hamster on the wheel. Have these discussions. Share with your friends. Talk about money. Talk about real estate investing stocks, apartments, loans. There's so many things to research about, but you have to have some discussions, because it will help you, your family, your friends, and everyone around you.

I'm Dan Flashman, we're here with the Real Charter Santa Mat Morgan, and we'll see you guys next Monday. Thanks guys.