The Money Mondays - Gary Vee's ENTIRE Investing Strategy, Starting from $0 💸 E39

Episode Date: October 16, 2023

In this episode, we dive deep into the mind of the legendary entrepreneur Gary Vaynerchuk, as he unveils his entire investing strategy, shares insights on his AI predictions, and breaks down how to st...art investing and making more money, even if you're starting from $0. Don't miss this opportunity to learn from one of the best in the industry. 💪 Gary Vaynerchuk, often referred to as Gary Vee, is a prominent entrepreneur, author, and social media personality. Vaynerchuk is widely recognized for his innovative approaches to marketing, having co-founded VaynerMedia, a digital marketing and social media agency. He's also a best selling author, with books like "Crush It!" and "Jab, Jab, Jab, Right Hook" providing strategies for modern marketing and entrepreneurship. Gary Vee's passionate and candid presence on platforms like YouTube have garnered a massive following, making him a very sought-after thought leader in the business world. Like this episode? Watch more like it 👇 Timothy Sykes Made Millions Trading PENNY STOCKS 💰📈 : https://youtu.be/EE2Dwe4Mvj0 Dan wins Humanitarian Award & Hurricane Hilary hits Blacksite Ranch : https://youtu.be/-ymsjXexTmQ From RICO Crimes to Global Stages: The Journey of Damon West : https://youtu.be/-dy4uIzuav4 Watch ALL Full Episodes Here: https://www.youtube.com/playlist?list... --- 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: https://www.youtube.com/@themoneymond... Dan Fleyshman, The Money Mondays Learn more here: https://themoneymondays.com Watch all the podcast episodes: https://youtube.com/playlist?list=PLs... Let’s Connect... Website: https://themoneymondays.com Podcast: https://podcasts.apple.com/us/podcast... Twitter: https://twitter.com/themoneymondays LinkedIn: https://www.linkedin.com/company/the-... TikTok: https://tiktok.com/@themoneymondays FB: https://www.facebook.com/The-Money-Mo...

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Starting point is 00:00:00 I hate when people invest in shit they don't understand because someone's smart to them. If you've got 200,000, if you slow down a second, you're more likely to have 2 million because if you go fast, you're back to zero. You know, Google's Google changed the world. Chat GBT, you can ask that bot very, very specific question. Hey, I'm a plumber. I make 39,000 a year. I get to save a thousand dollars a year. What should I do? Enter. You would be blown away what AI can do. Could you imagine sitting down with somebody that knew most things? Ladies and gentlemen, welcome to a special edition of the Money Monday's podcast. I am here with my co-host the real Tarzan.
Starting point is 00:00:43 two-way special edition of the Money Monday's podcast. I am here with my coast, the real Tarzan. This guy gets over 200 million views a month, but he got 215 million views in the last 10 days alone, probably because of a trick from the guests that we have today that he just taught him a few weeks ago. So the guests that we have today, it would take us, I don't know, maybe the full 40 minutes that it takes for a podcast to go over his entire bio is history. I don't want to give you any teasers yet. On the money, Mondays, we talked about three core topics. How to make money, how to invest money, and how to give it away to charity. There is no better person to ask these type of questions too than the one. The only Mr. Gary Vee.
Starting point is 00:01:16 My guys. Thanks for having me. This is so perfect. So Gary just crushed away. We have 2,000 people inside. And right when you got off stage, I was like, pretty pleased can you come outside to the RV motorhome the whole concept of the motor home is for Situation like this because Gary's one of the busiest humans on the planet Even though we're friends. It's still hard to schedule things. So having the motor home has been our Liminating friction exactly like one of the great like People are ordering four dollar candy bars on postmates right now paying eleven dollars to get it. Right, and to be honest.
Starting point is 00:01:46 Yeah, because time is money, people subconsciously, and then consciously realize that that's the one thing we can't get if we're lucky enough to have the financial part. It's like, you know, health, money, and time. And so, you know, it's really smart that you're eliminating the friction. So, Kudos to you, Danny. So, the way we, the reason we keep it under 40 minutes is the average workout is 45 minutes.
Starting point is 00:02:09 The average commute is 45 minutes. And so we keep it to 30 to 40 minutes. This one is going to be exactly 27 minutes because Gary's got a fly out here. So we're going to dive straight into it. Gary give us the quick two-minute bios we can get straight to the money. You know, look, I'm going to assume a lot of people, you know, I've done a really aggressive job here the last 20 years. So I don't want to bore people but for the ones that don't know, look, I'm gonna assume a lot of people, you know, I've done a really aggressive job here in the last 20 years So I don't want to bore people but for the ones that don't know Honestly, I'm an entrepreneur who was at the right age when the internet hit my dad at a liquor store I was born in the USSR. It was a family business type deal. I built a huge business for my dad on email marketing on Google ad words And then on the flight out here
Starting point is 00:02:43 I realized that I did a YouTube show two months after YouTube was launched. I always thought it was later. We literally Googled it here. I think it was December 15th or so, 2005, YouTube launched, and February 21st, 2006, I started Wine Library TV, that changed my career. I then became an early investor in Facebook and Twitter.
Starting point is 00:03:03 Not think, I didn't even know what an angel investor is or what investing was. I just knew these companies were gonna be big. I, at that point, learned that you could invest in a company before it was on Wall Street, because I lived in my own cocoon for 15 years in the wine business. I didn't know shit.
Starting point is 00:03:17 I didn't grow up with all this information. There was no fucking Monday, Monday fucking podcast. That's the, that's the, that's the, the dorks on CNBC were not catching my attention, right? So I didn't know this stuff. And you know, it's why I love putting out information. Because like I said on stage, my public life is really made
Starting point is 00:03:39 for the 15 year old me. I've come to realize, you know? And so like, it's really cool that all these kids coming up, or not even the kids. It's cool right now that a 53 year old me, I've come to realize, you know. And so like, it's really cool that all these kids coming up, or not even the kids, it's cool right now that a 53 year old who's going through a transition in her, his life is listening to this podcast for free while she's working out or driving to work. And people are spitting real knowledge. You guys may like, and the other 150,000 people, there's a lot of shit. There's a lot of people like looking to do short-term stuff, but anyway, I'm an entrepreneur who, you know, believes that nice guy's finished first.
Starting point is 00:04:12 So on the make money part, we talked about make money, invest money, and our listeners to drive. That's a good one because it's weird. I've been a little bit on a roll on this, and when I say on a roll, I've probably had 10 to 15 people in the street or the airport or at Comic Con New York where I was for an hour before I flew out here referenced the garage sale thing. It comes up a lot, but just it's hot right now, the last three, four days.
Starting point is 00:04:42 Anyway, if everyone was listening, in 2017, I just kind of like had this moment, I was like, you know what? Like, I've talked all about like, oh, invest in the next Twitter, next to Facebook. One thing I do well, and one thing I recommend everybody who's listening that does content, you need to read your DMs.
Starting point is 00:04:58 That's where you get the insights. That's where you know where people's real feelings are. And I was getting a lot of like, and I was starting to get bigger at the time, and I was getting a lot of like and I was starting to get bigger at the time And I was getting a lot of like yo bro I fuck with you, but like fuck you like who's got 25 bands to fucking put into a startup? I got a ninety three dollars in my Wells Fargo and I got enough of that That I was like okay bet like I get it. Let me
Starting point is 00:05:20 Like kind of like you know, it's like what did what did I do? You know that big me five me a five-boss of hour. I wanted money. I was like, fuck, I was doing garage sale. So, and so I just started talking about it. And then I did the 2017 Flip Challenge. You can go Google it right now, 2017 Flip Challenge Gary Vee. And you'll find the premise, which is what I believe,
Starting point is 00:05:40 which is if you have debt, or if you have less than $10,000 in your bank account, which a lot of people do, I think people that are fortunate, kind of lose touch, then buying and selling stuff that you buy at flea markets, garage sales, thrift stores, storage lockers, Facebook marketplace, Craigslist is real money. Like it's real. And what I like about it is people, a lot of people who don't know how to make money any other way really love it. Now that it's been out there for like six years, the amount of people were like,
Starting point is 00:06:18 yo, I was, I've never known how to make money my whole life. I always work at this or that. Like everybody kind of knows something. So you go to garage sale. Like I know what toys are worth and video games just cause I've studied it for so long. But vintage clothes, like records. Like here's the reality.
Starting point is 00:06:36 90% of the stuff at a garage sale that is being sold for a dollar two is 10 bucks on eBay. Sure. And then you get crazy hits. So, you know, I would go to Instagram right now or TikTok and put hashtag garage sale flip or yard sale flip. You'd be stunned.
Starting point is 00:06:51 Get educated. We're not gonna get to it here. But on the make money side, especially for all the people listening, who've got $87. That $87 can really be 10K. And the problem is, with the way the world,
Starting point is 00:07:04 all the free information's good, but on the the flip side all the kids that are listening right now that I've eighty seven bucks they think they need to make a million right and I'm like listen make ten thousand before you make a million and when you get to ten thousand figure out to get a hundred thousand and then you can get to a million you know and getting from eighty seven at your 30 and you've never had any money to a million it's not not gonna happen. You're gonna chase fads, you're gonna chase bullshit, scams, and so, I'm really about that flip. I mean, I did it the other day.
Starting point is 00:07:33 I literally, because I still filmed something called Trash Talk on, you know, I've done 10 or 11 episodes where I just go do it, and it's just there. It's there, and I'm really excited about it. I think most people should be able to make $500 in profit. And like if you're listening right now and here's the other thing. It's fun Yeah, it's for certain people the game is fun, especially be a partner like it's a great father daughter father son Brought me an age A. Right a real tight. We're 11 years apart. I think both of us would say besides Jets football That garage sailing and maybe even garage sailing more because during Jets football
Starting point is 00:08:07 We're just being maniacs and focusing but when you wake up at 6.30 and you go to bird can get a coffee and then you drive 25 minutes to the town wide say by the way if you want to find if you want to really crush garage sales Google town wide garage sale because you don't want to spend all morning going to four wide garage sale because you don't want to spend all morning going to four. So a lot of towns around the country will do a town wide garage sale and you can hit 100 in four hours. So that's a little hack. Anyway, you know, but you have to drive 40 minutes to get to the town that's doing it. So you know, for me and AJ when he was 13, 14, 15, 16 and I was 24, 25, 26, those were
Starting point is 00:08:42 real moments when we were driving from 7 to 8 a.m. Right. Where he's talking about like, like, girls and like, school and like, life and 26, those were real moments when we were driving from 7 to 8 a.m. where he's talking about like, like, girls and like, school and like, life and like, I'm in my young, I'm talking about building dad's business and like, it really bonded us. And so for a lot of people, I've gotten emails of like, them and their best friend became closer because you're grinding. And what's funny is, for a lot of people that don't have money, you know this, they also are commonly very cliche. The person that wakes up at 11 a.m. on a Saturday. Now they're waking up at 6.30.
Starting point is 00:09:09 Yeah. They're getting that discipline. They're getting home by 11.12. It's kind of the same. They realized they didn't even, you know, sometimes feel like, I don't wanna fuck up my bowling or my golf or my, or hang up on boys or to college football. I'm like, be home by it.
Starting point is 00:09:20 And it gets them going and it changes it. And so yeah, I like flip life. I like it a lot because I also, once you get the first hook, one guy, because I'm so into it still, if someone's like, you go Gary Vee, you really put me on like flip life, like change my life, I'm always like,
Starting point is 00:09:34 yo, what was your first big one? I'm like, what was your first big one? You'll never believe it. I'm like, 40 bucks for it. A thousand fucking CDs and sold them off for, they're some more rare and this pink Floyd one was like, 80 bucks and I was like, what the fuck more rare and this pink Floyd one was like 80 bucks And I was like what the fuck and that's like I'm still about that life. That's so fun
Starting point is 00:09:49 So let's say someone starts making some money. Yes, they hit 10 grand and then 20. Yeah, 30 and 40 I got a big one on this. I'm wondering if any of your guests have said this I really thought a lot about this Because I do a lot of investing wrong a Lot what I mean by that I'm not diversified in real estate enough if you're going by the book. I'm not in the real, I'm not in a stock market enough if you go by the book. Most of my stock is because I invest in companies that went public, and I still have the stock. I do a lot of things wrong.
Starting point is 00:10:18 I invest in very high risk early stage companies. I love collectibles, which are very volatile, cards, NFTs, art, things like that. But I'm self aware of what I'm trying to accomplish, which is I'm trying to maximize joy, not maximize money making. So you have to know who you are. So for me, I know that yes, I have these lofty goals of buying the jets, but I feel like I'm gonna do that through operating. V friends and VaynerX give me that chance. And I get joy. I wouldn't say it's gambling,
Starting point is 00:10:53 because I think that's just like a different high for people that get off on that. But it's definitely in between gambling and investing the right way that I like, because it makes me happy. And, you know, like I get Facebook and Twitter, like these investments, I mean, it's gonna take me a while to lose enough money
Starting point is 00:11:12 to offset how big those wins were. Sure. But then you have to know yourself. For example, here's a weird one, like teabills. Like if you don't know, like, do you know that most of the fucking people were listening should just get five and a half, six percent of their money?
Starting point is 00:11:24 Yeah, right. Like, that didn't exist three, four years ago. Shit, change, money's expensive now, so interest rates are up. So a lot of people who are sick, like, I mean, all day long, people are like, Gary Vee, I just got into money. My first time I got 200K. What do I do? I'm like, well, if you don't know what to do, invest in T-bills and get your five points on your money
Starting point is 00:11:42 instead of letting sitting in bank with no risk. Right. If you do know what you're doing, you know, I think certain stocks that kick dividends are interesting like a Pepsi It's not going away tomorrow and that's kicking dividends and then real estate's great like like I think if you like it My dad loved it. That's where almost all his investing went into almost none of mine has I'm bored by it like I understand I bought a building and people are paying rent, but I'm like, I don't know, like, I don't like it, even though it's great. And like, by the way, most of the last generations billionaires came from real estate because all the tax laws written so positive, real estate's great, if you get off on that. And then there's alternative shit, like, you know, what I will say, for sure. And this is what my number one belief is,
Starting point is 00:12:24 is that it's the cross-section of something you like and Something you understand. I hate when people invest in shit. They don't understand because someone smart told them right Please my friends do not invest in shit. You do not understand Which is why I like people buy though. I don't do it. I love people buying stocks of their favorite companies. Yes, if you're about Starbucks And like you do a little reading, you're like, they seem normal, like do you see, oh, that brings chill? That's a good investment by some Starbucks shares.
Starting point is 00:12:51 Like, the stock market, it's a good, the stock market will work as long as America's around. So that's a very good bet. So I think it's a game of enjoying it and a game of understanding it. I think that's what game of enjoying it and a game of understanding it. I think that's what people should focus on. Part of my speech, I say,
Starting point is 00:13:09 raise your hand if you think Apple will be here in five years. What about Netflix? How about Facebook? Walmart. Okay, raise your hands and get a few of shop at Walmart. Do you buy Netflix? You buy Apple? Do you have Facebook?
Starting point is 00:13:19 Okay. If you believe in them that much, you'll spend $1,500 on their iPhone. Won't you buy $1,500 of stock? That's right. Right? Buy 500 bucks of Walmart. You want you to buy $1,500 of stock. That's right. Buy 500 bucks of Walmart. You like Walmart?
Starting point is 00:13:27 Buy 500 bucks. I don't have to go put in your life savings. Go buy a little bit of these things over the course of your life. Well, people don't understand how it advantageous it is to invest too because they don't know rules. I didn't know them. I didn't know that if you lost an investment, you can write that off against an investment.
Starting point is 00:13:40 You made money on and play the arbitrage there. So we don't, we're not educated on money. Well, which is why I'm glad, yeah, I get it. And so look at this, my cat. Chat GBT and Google, like, and YouTube, like, learn, like, don't, the demo that I feel is listening to this right now just moves too fast. Right. When they first hit money, either in buying something, it's okay to reward yourself.
Starting point is 00:14:08 You can't, listen, I grew up with only kids that had nothing. I grew up in very lower middle class environments. So I get when you finally do something, you go and buy a crazy car or like, you know what, watch. And listen, let's call a spade a spade, 90% of them, dudes do that to get girls. Like, like, like, I get the human psychology of it all.
Starting point is 00:14:27 I would just say slow down a second because if you've got 200,000, if you slow down a second, just slow down. You're more likely to have two million because if you go fast, you're back to zero. Right. And we all know that. Everyone of us in this motorhome, no people that got into some money and went to zero, straight zero, or because they were insecure and fucked up, it went up their nose, right? Or it went to Vegas or like, you know, slow it down everybody.
Starting point is 00:14:57 Like, life is long. Like, of course, have fun. Like when I talk about like, you know, this, I've for a long time talking about like, don't buy all the stuff. And a lot, most of the people in these circles are mad at me. I'm not saying don't buy a lambo. I'm not, I'm saying don't buy four. And, and, and even, I like, even that's fine. Do you know why you're buying it? Like, if you like, have loved cars your whole life, red car magazines, like, jet, like, I go into a car, there's no enjoyment.
Starting point is 00:15:24 There's no, like, I don't, like, all my friends who like, I go into a car, there's no enjoyment. I don't, all my friends who I know genuinely like it, I don't understand the speed, you don't get, I don't like that. And so for me, that's not right, if that's right for you, then that's amazing. But most people buy logos to flex, to close gaps of insecurity. And so that's what worries me, because if you're just into a little money, and you decide to buy a Rolex Because actually you're insecure and you're not confident you need that flex to
Starting point is 00:15:50 Rub elbows with me or to hit on that girl Then you've got other work that you need to do and that that work money is not gonna be well spent It's gonna be a short-term high and then you can be in like a weird place and so money's a it's an exposure of your truth So anyway back to investing to stay on track Shit you understand I like it Tarzan Gary taught you a trick a few weeks ago and immediately you got like 600,000 I don't even know the number It's 600,000 likes or something so happy. This is like two weeks ago. It's like I this feels like very gratifying to me
Starting point is 00:16:23 It's like instant validation to giving good strategy. It's not even a trick. It's like, you know what I mean? Sorry. It's like, you're talking to the screenshot and he was like, look, 2.6 million views, 18 million views, 12 million views. And it was the same week that you told them.
Starting point is 00:16:37 It's, you have a lot of valid points. And the way my brain set up, you break stuff down really well, understand it. And we're algorithm junkies, so we try to figure out where and what hits, what unlocks it, what kicks it, you know. I'm reprised attention, the arbitrage, the opportunity. Yes, so you kicked off that front space of the still photo with the text, and then the video that follows. Genius. front space of the still photo with the text and then the video that follows genius. Yeah it's funny for everybody to give it clarity in
Starting point is 00:17:07 Sirrim's tougher now, supply and demand. It's not like it was when we were kicking in 2014 you know like there's more and a lot of the demand went to TikTok and YouTube shorts but the supply is super up. Yesterday more people posted an Instagram than ever before. So it gets harder. So you're looking for what I call strategic organic content. What's the organic content move? Meaning, of course there's ads, but what's the, what's the respectful proper, that's like getting buff, right? Like there's steroids. When there's putting in the work of meeting protein in those ratios. And listen, I'm not interested
Starting point is 00:17:41 in an hallucination. And yeah, I and yeah, you caught me at a good time because it was a revelation for me only 30 days earlier. Like, we're constantly testing. What I think I do well, that I want more people to do well, is I have the humility for it to bomb. I don't fear somebody coming to GaryPage and seeing 80,000 views, you got 14, like, you suck! Like, I'm like, I got 14, like you suck.
Starting point is 00:18:05 Like I'm like, I'm going to suck too. Like what are we talking about? I don't know, like, so we take a lot of creative risks. Most people can't get out of posting the same shit over and over because they need the same results even though it's declining. So we find shit and then when we found on this one was, instead of just posting the video,
Starting point is 00:18:24 which everybody's been doing for a while now, first post an image that kind of previews what the video is going to be as a video. So it's a two post carousel image first video second. I'm so happy you're seeing results and the reason I'm saying it out loud here is and you know this about me, Dan, like I'm weird when it comes to someone who hacks. I go from finding it to immediately telling everyone, right? Like all my best buds are like, yo, can't you just sit on this for like a month? Like, don't you? And I'm like, nobody's taking for me. Like, I'm gonna get mine regardless. And like, and I like the people, I, it feels nice. Like, it feels nice to be admired when you're helping. Right. Going to your last part, charity feels nice. When you don't have anything, and then you get money.
Starting point is 00:19:10 You really, especially in the beginning, you're like, I'm not sure I can give this away. I remember being young and hearing Bill Gates and all those guys were giving away 99% I was like, that's shit's crazy, now I understand. Especially with kids. You don't want to leave those characters, leaving kids billions of dollars, it's actually crazy. Now I understand. Especially with kids. You know, you don't want to leave, you know, leaving kids, those characters, leaving kids billions of dollars, it's actually going to make them unhappy.
Starting point is 00:19:29 So, but- That's actually my next question. Yeah, you know, before we go into charity, the biggest charity is intellectual generosity. And I know I'm very good at my craft. And I know I'm at the top of the game. And I'm proud. I watch people far less capable than me, hold everything to themselves, scare city mindset,
Starting point is 00:19:47 wanting to pass you or you or me or you in followers and that's their fucking, I don't see it that way. I look at someone's account today who I was like, whoa, and I was like pumped that they're, I don't know, I don't know how to boo. I know how to boo in football. Sure, I hate everybody. But you know what's so funny?
Starting point is 00:20:04 Actually, I'll make this point before we get to the last part Do you know that being a Jets fan? This is real talk actually makes me understand people meaning in real life I have this almost borderline delusional though. I know it's fully grounded in practicality optimism I have no envy. I have no jealousy. I have no anger. I have no darkness. I really don't. It's kind of scary. It's a fucking blessing But in football I have all that I'm jealous of Patriot fans. I'm sad that we didn't get Patrick Mahomes when we could have drafted him and it's all this Rezem. It's 40 years of pain, right? And and it lashes out like I'm, I'm like really scared somebody's gonna fill me at a Jets game one day.
Starting point is 00:20:47 It's gonna ruin the whole, the whole fucking... The whole nice image, yeah. The whole nice image is finished. I'm not nice. And the people are listening. I'm really not. I like, there's like some inside jokes with my friends. Like I went to Yale that this 80 year old man,
Starting point is 00:21:00 it was really inappropriate. Like I yell like kids. Like I'm on tilt. I feel that pain. I'm on tilt I feel that pain I feel that anger like I wanted like Taylor Swift was sitting right above me at the jet's chiefs game like I was mad at that box I like a door Ryan Reynolds but he was there was like fuck you Ryan like but like for real though and he's the fucking best but for those three hours I want to rip his face off but it's a pretty face.
Starting point is 00:21:25 Like so like I'm like man that's how people feel in real life. I treat jets football but that's a silly thing that's football. That's entertainment that's escapism. People treat shit like that in real life. The world is trying to make us more tribal which makes us hate us each other more. I'm kind of very team human Like color skin race gender religion like I struggle with that shit. I don't want to hate anybody Why especially when I don't know you like and if I know you and you're a bad person
Starting point is 00:21:55 I don't hate you. I feel bad for you. I have compassion. I have empathy. So anyway, I think about that shit So two parts on the charity side of this. Yes. One, you mentioned Gary V is gonna keep building companies. We already got like 2,500 employees for VaynerMedia and all that stuff. And all these investments, like you end up becoming a multi multi multi billionaire. And who knows maybe even crazier more. What happens for the kids?
Starting point is 00:22:22 I don't know. The truth is, I don't know. The truth is, I don't know. Meaning, I definitely, as I've done, started doing a stay planning in the last decade, and not where I thought I was going to be 10 years ago. Meaning, I do feel uncomfortable leaving tons of money to children. I think it's a little scary. Of course. I really do. But then you're, especially from an immigrant, like, where I'm from, like, it's real family'd out. So then you get into like, you know, especially from an immigrant, like you were on from, like, it's real familyed out.
Starting point is 00:22:46 So then you get into like, you know, is that, it's a very complex thing. Here's what I would say, a couple of things. Real talk, everyone. You earned it, you decide. Don't let me, someone out, this whole like judging each other's shit. Like, for just two now and everyone, you earned it. You want to burn it, you burn it.
Starting point is 00:23:04 You want to give it to dolphins wanna burn it, you burn it. You wanna give it to dolphins? Give it to dolphins, not to Miami dolphins. They animals, right? You wanna give all of it just to your kid and not a dollar to charity, muzzle top. This, you know, to me, I really think that people are, I think we're really bad at judging
Starting point is 00:23:21 and I think we need to be accountable. So, to answer you directly, I'm not sure. I definitely have come to realize, especially if I'm keep on this trajectory. Look, my point of view is this, do you know what it's like to get a million dollars? Right. That's insane.
Starting point is 00:23:39 Like if I had that at, like at 18, I would have been like, it would have been over. I might have the jets and the nicks by now. So if your kids are capable, they're not gonna need a whole lot. Plus for a lot of kids, it fucks them up. I've met a lot of rich kids now, because of my life the last 15 years.
Starting point is 00:23:55 Man, I'm not sure who's worse. Like I actually genuinely believe, if you could be born with little, but have a happy house, or born with a lot, and have an unhappy house, that's not even a fight. But I think it's even scarier. I think if you're, if you've got a lot, and you're in a happy house, and you've got a little and you're in a happy house, the little and
Starting point is 00:24:14 happy house person one, because they've been taught from the get that money doesn't buy happiness. Whereas the rich kid might not know, they might just think, well, we're happy because we got a driver and a private plane. And so, you know, the answers I might not know. They might just think, well, we're happy because we got a driver and a private plane. And so, you know, the answer is I don't know. The answer is I'm sure it will have been flow. The other thing I don't know is when am I going? What's happening in my life? Let me give you a scenario
Starting point is 00:24:37 while people are listening and judging. What if one of my grandchildren is special needs? You know, like, I don't think we do enough of this. Like, you know, real talk why I don't judge anyone? Like, really? Like, actually, I just don't know what the fuck's going on in life. I'm watching everybody walk around the internet and society just throw nothing but judgment.
Starting point is 00:25:00 I wish we, like, you know, people like, fuck this guy, he throws shade. Shades easy. Judgment's crazy. Telling people what they should be doing. You know nothing. You know nothing. You should post about this. Do you know that if person posts about that,
Starting point is 00:25:14 then they have death threats? You should do this with your money. Okay, well, you should do this with it. Like, I don't understand. So, you know, I think up for me, I don't feel, I mean, I have a will, and it's split up at this point to kids and charity, but I may change it. And like, because things will change, and we'll see.
Starting point is 00:25:36 But I do, let me say one thing, charity. Most of my life, so I'd say 97 cents on the dollar of everything I've done in my life has been incredibly private. So because I think that's how it's taught, like, you know, it's funny. Probably one of the reasons I don't flex a lot is the same reason I don't really make a lot of my charity work public. I think there's something in the way that my parents saw the world that became my framework, right? It's like, keep quiet in some ways.
Starting point is 00:26:09 I think, but I don't judge. I, you know, let me phrase, I think there was a time a decade ago that I was a little cynical to people that were overly loud about donating. You know, my Jersey street bullshit radar would go off. But I've come to realize like, I don't want to be a judge or either and you know, no, if you know, you know I'm like, okay, they're using that as a disguise for the bad shit that happens But there are just other people that like get real pride in that and more poorly They're motivating others to do it and so that's my thing. Yeah, I mean, I think very public
Starting point is 00:26:38 But I don't say amounts. I say I show them how they can do charity and honestly even like amounts like you know I think it goes I've started to change my point of view on that. This is what's fun about let me say some real quick to the kids Which by the way is everyone if a 99 year old grandma's watching your kid You get to change your mind Right you like that one right right cuz you've changed your mind. I'm shit. I'm changing my like you get to change your mind. So I'm glad I'm so happy kids have like by the way maybe if I was 14 and listening to this podcast maybe I wouldn't have had that point of view as a 20 and 30-year-old about charity right and maybe I did leave an opportunity to bring awareness to charity
Starting point is 00:27:20 water and pencils of promise and the Crohn's and Colitis Foundation and reform. Maybe I've left too much attention on the table by maybe having too much pride in the humility in the class that comes along with not flexing it. You know like so it's I mean this to everybody like give yourself the grace to change your mind. I want people the reason I post about toy drives and tipping dinners and homeless backpacks is so people can replicate it and thousand, thousand, thousand people replicated. And so when you talk about, I even heard about pencil of promise because you weren't posting
Starting point is 00:27:51 about it, but I just heard about it. And then all of a sudden I became obsessed with it because of that. And that was a fun one for me because I was a bad student and I'm a famously bad student. But I think about friction like this motorhome. In Ghana, in Guatemala, in Laos, it's not like America with the education system where we all go and it doesn't work for half of us because we are creative or entrepreneurial. In those countries, if they don't have a school, an old man from the village sits under tree and reads five pages from a book and everyone
Starting point is 00:28:20 goes back to Washington Close and child labor. And so when you look at the math that if you build a school one of those places like what the trajectory of that people here talk about generational wealth they are you put a school it's generational wealth they go from living a life of a dollar a day to like fuck in Haiti it's a dollar a day right people living on yeah bro we're lost out here we're about all sorts of dumb shit and like you know Obviously recordings the time of tons of conflict and war and Bro next year is gonna be a disaster You know why I just said on stage if you're an entrepreneur that and you cry about the president your loser is first. It's true
Starting point is 00:28:59 If you're good entrepreneur, you're gonna make money. Yeah, I don't know like I made money with Bush and Obama and then and Trump and Biden and and whoever's next and like And but I also say it because like We got to get we got a deep politicized this shit a little bit like do you know on tilt everyone's gonna be next year so bad I just I honestly just wanted to be 2025 Honestly people to be super, you know, so All right guys, we want to stay on time We're gonna try to get Gary V back on the podcast at some point
Starting point is 00:29:30 We're gonna pull the motorhome up to wherever he is around the country somewhere But we grew up thinking it's rude to talk about money. Obviously here at the podcast We think it's rude to not talk about money because we need your friends family followers to know about Taxes salary loans rent how to make money invest money save money 401k's and everything between because we need your friends, family, and followers to know about taxes, salary, loans, rent, how to make money, invest money, save money, 401Ks and everything between. We just need to have these discussions. So talk to your friends, family, and followers about money, ask questions, research it. By the way, real quick on that, chat GPT, everyone.
Starting point is 00:29:58 Google changed the world. Chat GPT, you can ask that bot very, very specific questions. Hey, I'm a plumber. I make 39,000 a year. I get to save a thousand dollars a year. What should I do? Enter. You would be blown away what AI can do. You can be very specific. You can't do that on Google. Hey, I have 18,000 dollars in debt from this credit card company. I'm paying $7.3. Like get start using AI for your advantage. Not something you heard about or demonize or don't understand. Don't understand is unacceptable. I don't get it.
Starting point is 00:30:35 Okay, Google it. YouTube it. If you're like me and can't read for shit. And listen, like, so, you know, for a lot of people wanting to learn about money, could you imagine having real information, like, could you imagine sitting down with somebody that knew most things? It's awesome.
Starting point is 00:30:50 It's not a cool way to think about it. Like, imagine sitting down with fucking Yoda, getting all the answers or not. Just, just, just literally type in shit, be super specific, you'll learn how to start using AI, which may change your trajectory, And you can start answering shift for yourself. Alright guys, make sure to follow Gary Vee, follow the real Tarzan, check out the money Mondays. And we will see you guys next time. We have the money Mondays.com. The money Monday's.com is one on one,
Starting point is 00:31:18 like we do a video coaching every Monday at 4 p.m. PST. But the money Monday's.com is 200 bucks a month or you can pre-paid for the year. All of the profits are going to our worlds are just toy drives, so we're not doing it for the revenue part of it. You'll also notice there's no ads. Have you seen this?
Starting point is 00:31:33 We've been doing this MoneyMundays podcast. Ad free for you guys this whole year. So if you want to, be on the coaching calls every Monday at 4 p.m. PST. If you can't make it on a certain Monday, we obviously send out the recordings. You can rewatch them. So we do about 40 minutes of speaking and teaching. I do most of them, so you know it's mostly me. On those and then every other week or so or every other two weeks, we bring in other characters to come in there and teach you as well.
Starting point is 00:31:57 And then I leave around 20 minutes for Q&A sessions and you're on video with me. And we're gonna ask questions. And you're gonna be on video with AtTrav who does e-commerce for big brands or Joey Carson 30 years in the TV game. So we're not just talking about money on the Monday's Zoom calls, we're talking about business, charity, how to deal with mergers and acquisitions and so it's live coaching for 200 bucks a month for yourself. Maybe you might have a friend to refer to. So if you want some real coaching go to the moneymundays.com, it's 200 bucks a month or you can have a friend to refer to. So if you want some real coaching, go to the moneymundys.com. It's 200 bucks a month, or you can pay a discount and poopay for the year. That money is going to go help us.
Starting point is 00:32:29 The world's largest toy drive. Like we are trying to put out content so that you guys can be better. Talk about money, share with your friends, et cetera. [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC PLAYING [♪ OUTRO MUSIC you

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