Trading Secrets - 36: 20 Women, 2 Men...1 is worth more than $10 Million, 1 IS NOT...

Episode Date: January 17, 2022

...but no one knows! On this week's episode of Trading Secrets, Jason is joined by FOX's Joe Millionaire's Kurt Sowers and Steven McBee. Kurt Sowers and Steven McBee tell Jason who is the multimillionaire and who is not. They explain how much they are worth, where they make their money, and what the 20 women vying for their hearts really think! Kurt and Steven address all things: their most expensive night out, stance on prenups, how they kept their status a secret on the show, and what they were paid to be on the show. Pride, ego, dating, finances, and careers are discussed in detail! It's another episode you can't afford to miss. For All Access Content - join our networking group for less than 30 cents a day! Host: Jason Tartick Voice of Viewer: David Arduin Executive Producer: Evan Sahr Produced by Dear Media.

The following podcast is a dear media production. Welcome back to another episode of Trading Secrets. We are in the presence of not just one, but two CEOs, the power combo. Stephen is a CEO in the farming industry, plus the meat snacks industry. and Kurt is a CEO in the construction business. Here's the catch. One is a multimillionaire, and the other is not. But one thing they both are, are now reality TV stars on Fox's Joe Millionaire for richer or poorer.

Whoever tunes into The Bachelor every Monday night is automatically going to be intrigued by the premise of this show. It involves two guys, two leads, looking for their soulmates with 20 women. but the women do not know which is a multi-millionaire and which is not. There is a whole lot of drama. We are lucky enough to have them here to get the inside scoop while the show is airing on the money behind their careers, Foxes, TV show, and much, much more. So, without further ado, Kurt and Stephen, thank you so much for being here today. We are so excited to have you.

Thank you so much for having us. This is one we've been looking forward to. Finally get to talk about not only the reality TV side, but a little bit of business and finance as well. That's right. I mean, this is a perfect, I think the podcast and the premise of the show is a perfect fit for all the things we cover. Because sometimes we cover reality TV. Sometimes we cover how much is made on reality TV. Sometimes we just uncover all things business.

You guys hit on all of that. So I guess the first thing, and I want to get into all your backgrounds and your business backgrounds and the show and everything. But I just got to kick it off with, like, how in general does it feel every single episode you're recording and watching to be trying to figure out if these girls you're dating are figuring out or have figured out your monetary status? Like, what is that like? Uh, Kurt, go ahead. Yeah, you know, it is funny to watch back. I didn't know that they were putting so much stake on it at the time. So it's funny to hear them talk about the reasons why Kurt might be the rich one or why Stephen might be the millionaire, you know?

Yeah, so it's very interesting. And our professions were kind of set them up for it because construction can be a very ambiguous industry. So, you know, am I just a general contractor? Am I a builder? Am I? You know, what am I? And they play those questions. And then saying with Stephen over here, is this small-time farmer?

Is he a small-time rancher? Or do they have a big operation going on? So it's funny to see it play back. That's pretty cool. Steve, what do you think? Yeah, you know, for Kurt and I, you know, we were staying at a separate house. We were on the same property, but a different house. And so we'd be up there and we're like, man, what it would be like to be a fly on the wall down there in the girls' mansion.

And now we're getting to watch it all back on TV, seeing those conversations that we were wondering if they were taking place and seeing just how inquisitive they are regarding, you know, which one of us is which and how they were framing their questions to try and figure. it out. And, you know, it was a little bit of a challenge for both Kurt and I to try not and dive back into our histories, who we are, what we do for a living. We talked in very common generalities around our businesses. We didn't get into specifics at all. Interesting. Yeah, I found it fascinating. What I did before, so I got this interview guys for listening. And so I said, I'm going to watch both episodes, and I'm going to try and figure out myself who it is. And when I watched, what I found interesting is last episode, Stephen, when you were talking about the fact that you were, you'd never been to the opera, you've never been to like a high class date. And the line that got me was when you're pouring the champagne and you say, I don't even know how to pour champagne. I'm just going to pour it like my whiskey. I'm like, wait a second, that's the multimillionaire talking here. So that caught me by surprise. We're going to get into some of those little details in how people react and what your thoughts were. But I got to ask point blank. Mid-millionaire, 10 million-plus farming.

You know, where did majority of the wealth come from? Yeah, so I do several different things besides just farming. So I have commercial and residential real estate properties in Kansas City. We have express car washes that we're now building out. I've got eight currently under construction. And then we've got a custom home building division. And then our farming and ranching side is both on the ag side and the protein side. So we're running cow-calf pairs.

So involved in several different industries, we only really focused on farming during the show because we didn't want to obviously let the women know that I'm into several different things, but then confuse the audience as well. But, you know, I'm very diversified across my portfolio and really it all kind of has led to success. It's not any one business itself. It's all of them combined. I love it. So when I hear all those industries, I think some of the things my listeners are be thinking are like, what has been the most lucrative for you or maybe the most surprising across the board there? Is there any one of those businesses that for you is the home run or the one that you're really excited about?

Yeah, real estate, no doubt about it. Interesting. Okay. And so what about is it the passive income? Is it the appreciation? Yeah. So for me, it was the multi-family properties. You know, whenever we were purchasing these things, started off in 2014 through 2016

buying these multifamily properties. And then in 2018, we had a bunch of foreign investment money. So a lot of it was Chinese or Middle East investment money that came in interested in purchasing these properties. So I was buying them at $20,000 to $25,000 a door. and I ended up flipping them for 50 to 60,000 a door. I thought that was going to be the top end of the market. And I just sold the property in 2018 that just sold this past year.

I sold it for 65,000 a door. It just sold again for 125. Damn. So yeah, yeah, it's kind of crazy. That's a wild world. And Kurt, I'm going to get into your business background. And just a minute, I have a few more questions for you. No, no keep going.

Jay's this is perfect. This is all we did on the show, actually. It's great that we had each other because this literally is all. we did was this kind of talk right here. I love it. All the buying the seed stuff, which is great. I mean, so what I'm thinking? So obviously, Stephen's smart guy, well diversified, got a lot of going on. At what age did you, do you think, like, what age did you become a millionaire or multimillionaire? So it would have been three years ago when I actually started selling those properties that I started to classify myself as a net worth of a billion dollars plus. And, you know,

that is just paper value. It's not like I have literally $10 million sitting in the bank. I think that's something that a lot of viewers may be confused about, but it's net worth, not actual liquidity or actual cash value. And so a lot of my value is tied up in both ag land and those residential properties that I've discussed. I'm just curious about this apex protein snacks brand. So my understanding is you run it kind of separately apart from the farming business. I'm just curious. that intrigues me just a little bit about like the revenue the growth the venture what's it like tell us about apex protein snacks for me when i'm evaluating businesses uh you know i'm looking for about the exact opposite of what the farming operation is so i'm looking for low labor high automation

e-commerce sales reoccurring revenue uh and i get all of that with this apex protein snacks so it's a consumable so as soon as you're done eating it you have to buy another one so i get the reoccurring revenue so my sales are not just one-time sales i usually gain customers for life. You know, it's all handled through a third-party fulfillment center. And so basically, everything is handled through the e-commerce site. I'm paying a company to pick-pack and ship the products. And really, other than that, it's a pretty hands-off deal. I'm mostly focused on the marketing side and placing POs for new orders. I did just build a manufacturing facility that's coming online in February. So all manufacturing for the meat sticks,

meat bars, summer sausage, and jerky, basically, will be brought in-house. Wow, that's fantastic. And from like a revenue standpoint, how's that business doing? It's doing well. So that just launched in November of 2020. And in the county year 2021, we did over $1.5 million in sales. So it's doing solid on the revenue side. There you go, guys. Protein snacks, the real estate. Stephen is everywhere and anywhere. Kurt, I hope, man, you were picking his brain when you guys were just hanging out because I know you've had success, but he's got, there's a lot going on there in Stephen's portfolio. Oh, yeah. It was awesome. I mean, there was so much behind this.

scenes of that. So it was probably the best part of the show and of this whole experience, honestly, was meeting, you know, a man like Stephen. How did I get in construction? I studied construction management in college. I worked as a handyman all through college. After college, I did a couple different things. I actually had a business with a buddy at a car detailing company, which he's still up and running. It's doing very successful. I kind of got away from construction for a while, and I realized that that was the one thing I was truly passionate about. And as soon as I got back into construction professionally, which was six plus years ago now. I started off. I cut my teeth in the industry as a construction manager that moved up to the project superintendent.

And from there, I had acquired about 20 million or I built about 20 million of new construction under my belt at that point. And that gave me the confidence to say, okay, maybe it's time, you know, I'm going to step out and do this on my own. And I started off very small, started off doing residential jobs that quickly moved up to commercial, where I was acting as a work couple of other hats. I was just taking on anything I could just to keep business coming in. So I was doing more of subcontract work there. I was doing some steel erections, some masonry work, some concrete work. And then now I've really focused the company into a commercial interiors. And that's kind of the niche I'm trying to stick in. I still have a couple of residential jobs,

some outliers that I'm trying to finish up right now. But the direction I'm trying to steer the business is commercial interiors. I would like to just work for a few developers, restaurant owners, office developers, and just kind of chase them around, kind of create a nice little business with that. People are going to hear you talk about this, construction management, a study construction management, they're going to think what I'm thinking, how much can you make in that role? So if you're not the 10 millionaire guy yet, and you're on your way, like, what can someone expect if they think about getting in the construction industry to make in some of these roles? I'm so glad he brought this up, because this is something I am inspired by. I feel like there's

there's a large void in this marketplace. There's not, there's not many young kids who want to get into construction. So, so I see that being a problem down the road. You know, if I'm one of the youngest people in the industry, that's not a good thing. So we need some young professionals to fill the rules. And there's really good money in construction. I mean, when I started off, sure, no, I started off as, you know, project engineer. I wasn't making that much. I was doing scheduling, cost estimating, and whatnot. But as you graduate up to some senior levels, if you get construction management rule, a project management rule, or even a site superintendent rule, I mean, good site supers are over $100,000. A good construction manager, you know, starting off

at, you know, 65, 75K with some bonuses. So there's good money to be had. And some of the field guys make the best money. Now also, it's a grind. I mean, you're going to be putting in 50, 60 hours of some hard labor. I mean, maybe not hard labor unless you're truly one of the tradesmen, but if you're super, it's still a pretty hands-on job. So, yeah, no, I'm glad. you brought that up because there is a lot of money in that industry. And I think like any industry, when you get your feet wet and you start to learn the basics and the foundation, you could peel off, do your own thing in sky's the limit. So we're big here. I'm manifesting here. And I've specifically learned the power manifesting from my better half, my fiance, who just kicks ass on every

business she touches. But let me ask you, right here, we're manifesting this. When are you going to be a multimillionaire? What age? Give it to me, Kurt. So I just turned 33. Okay. Multi-millionaire. Yeah, I think 35. No problem. Okay. I like that. There you go. A few years down the road, he'll be there and this whole Joe Millionaire, one guy rich, one guy not so rich is going to be a bunch of bullshit. So what we're going to do, though, guys, is we got your background. It's cool to understand your business background, where you are today and where you plan on going. I want to get into, this is usually not what we do, but since we have two leads here of a show,

we're going to change it up. We're going to do a little rapid fire questions. So I can get to know you guys better, and the listeners that maybe haven't watched the show. Just like the girls. Yes. There you go. Just like the girls. Just like the girls. Just like the girls. All right. Me and David, the curious Canadian, pretend we're one of the 20 girls. You guys are dating. All right. So the first one. We'll go, Stephen first,

Kurt, second. What is the most money you've ever spent on a night out at a bar, club, casino, or something like that? One night, what's the most you've ever thrown down? I picked up a $1,400 tab that was supposed to be split among my buddies and they all got blacked out. So I ended up picking it up. 1400. Okay, not bad. For a guy worth over $10 million on paper, I'd say that's pretty frugal of you there, Stephen. All right, Kurt, give me a price. Yeah, that's pretty solid, Stephen. I spent, and this was my own doing, close to $800 one night. I love it. Something tells me the parties after the show are going to get a little crazier than the $800 and $1,400 tabs.

All right. Now we got, but make sure when you go to those clubs, boys, that they're paying you to be there. You're not paying for those tabs. Things have changed. All right. What is one thing? Let's start with you, Kurt. You spend too much money on, but you're just like, I understand it. I recognize it. I'm going to keep spending money on that. Close. Absolutely. I have no regret buying clothes. It's kind of a side passion of mine. Okay. I like that. Stephen? You know, I'm an outdoorsman. So I'm going to say hunting gear. I spend the hell out of some money on some hunting gear. I like it. All right. This is one you guys had to think about while going through this process, Stephen, especially you. So I just want your overall take. Yay or nay, pre-nump. Let's start with you, Stephen.

I'm not getting married without one. I can tell you that. There's a business man at heart. Kurt? You know, I don't know. If I, you know, I want to get married one time. So let's just throw that out there. So I'm going to say, I'm going to say no.

But, you know, I don't have what Stephen has to lose. All right. So there we go. Ask him when he's 35. Yeah, we'll come back in two years. I'll be like, fuck you. No, right. How about this?

So the girls, I thought this was a really interesting twist. For anyone that hasn't watched the show, go check the show out, Joe Millionaire. But the girls, if they went a one-on-one, or at least last episode, they have to make the decision if they want a fancy date or more of a laid-back date. And so what I was curious, I want to turn the table to you guys. What date would you prefer that the girl that you were going on a one-on-one would take? A laid-back date or more of an extravagant date? Let's start with you, Kurt. I do like the finer thing.

So I would lean towards a more extravagant date as long as it wasn't a cotillion. You're done with those? Yeah, I'm done with those. But I would lean towards something fancy. I mean, I do like getting dressed up. I do like having a reason to celebrate. Okay, I like it. And Stephen?

Yeah, honestly, I'm a simple. simple, simple guy. So I like the more laid back, low-key style. So that was kind of the funny dynamic between Kurt and I was because I don't even know how to tie a tie. And Kurt knows all about these fancier things in life that I have no clue about. That is, I mean, that had to be strategic and they had to be throwing these girls off left and right, which is. And to watch it back's got to be hilarious knowing that. It was funny. All right, last one of this rapid fire. And then I want to get into a little bit of your pre-show dating lives. But if I give you a million bucks right now and you could put it in you can do anything you can invest it for a return you could spend it

on something i throw a million dollar check your way i'm just curious it's always good to hear different perspectives there is no right or ron stephen what are you doing with the million bucks i give you real estate 100% okay commercial real estate multifamily uh you know honestly ag ground is what i'm looking at right now i think commercial real estate's a little overinflated but i think ag ground can be bought for the right price right now there you go million bucks that's where stephen's putting it All right. Kurt, talk to me. What do you got? Yeah. Can I split it? Say it again? Is it got to go one? Can I split it? You can do whatever the hell you want with it. Yeah. Yeah, I think it's going to go real estate as well. Real estate development and then investing in some other companies that, you know, I'm brainstorming. So I'm going to invest in myself and invest in some real estate.

There we go. All right. So we got your breakdown of investing. Would you ever buy real estate in the Metaverse? Nope. I don't understand it. I don't, yeah. Stephen of Ivy, we've talked about this at Lars now. We're both trying to figure it out. I don't know. I'm not ever going to invest in something I don't understand. And so I've got to wrap my head around at first. Got it. Stephen, that was an aggressive no. So was that no because you don't understand it? Is that no? Because right now you don't believe in it. To be honest, I don't believe in it. Just because if you can create this land out of, you know, this metaverse, then what's to say what has more value than the other? Because it's an unlimited supply at that point. So how is one piece more valuable than the other? And maybe I'm just,

I don't know enough about it. But no, I like all different perspectives on this show are appreciated. Love to hear that. That's your thoughts. All right. Now I got to get into so the premise guys, as you know, Joe Millionaire, you got 20 girls, two leads. One's a multimillionaire. One is working his way to be a multimillionaire, but is not. And the interesting thing is the women, some seem like they're only trying to angle to be with the guy who is the multimillionaire. while others are truly just like, that's my type, I'm attracted to him, he's my guy, I'm going for him. So before the show, I want to ask you guys, as we're talking about money and relationships, they say infidelity is the number one reason for divorce. Number two is money and disagreements.

So coming into this show, like, have you ever had negative experiences? Kurt will start with you as far as financials or money in a relationship that's something during this show that we have seen or will see might trigger you? You know, when I did when I was younger, everybody was broke, right? So we're all just trying to make it and get by, never really affected. As I got older, I think, you know, I don't know, I was never making a ton of money, but I was always pretty middle class. Like I said, I was in the construction industry.

I was working hard. I was well paid. So I guess the women just kind of, who were dating me, they kind of knew what they were getting. You know, they knew they were going to get a guy that was going to be on the grind, you know, all day and get home at night. And, you know, yeah, you could afford some stuff. you're not going to be able to afford the finer things, but you still live a decent life. So for me, no, I don't think it really ever played a part in any of my relationships.

Interesting. Okay. Stephen? Yeah, for me, thankfully, I think for the most part, all of my relationships were with quality women. I wouldn't, I think intuitively I'd have known if they were there just for the money aspects of it. And, you know, for the most part, any of my girlfriends, they don't get the financial status. They don't get a lot of the special things. the good things that come with having a lot of money because I'm asset rich and cash poor to be honest with you. So they say if you're in real estate, don't ever let a real estate guy take you out to dinner because he has no cash. That's exactly right.

You got them full, brother. I love it. All right. This question, I'm almost thinking a lot of these questions. I wish David and I were on one of these dates. You guys could have been in a green room behind us and you could have heard their responses because this one would be a great question for them. But I'm also going to ask. it to you because I got you here. But I did some research and it looks like one third of people who argue with their spouse about money situations admit to making purchases that their partner does not know about. So hidden purchases. I'm curious, would you two say, I will start with you, Kurt, have you ever made a hidden purchase about something your significant other probably didn't know

or wouldn't want to know? I don't think I have, but I've been in a relationship where She would hide all the packages from Fashion Nova and all those, all those, you know, female clothing websites. So what's, what's another big one? Revolve. Revolve, yes. The Revolve and Fashion other packages had to start getting hidden. I love it.

Just hiding them away. How about you, Stephen? Yeah, for me, you know, I never really had any hidden purchases or ever tried to hide any of my purchases because it was my money and I was going to buy what I wanted to. So, you know, I kind of made those, I established those ground rules pretty clear in all my relationships. So there's no, there's no joint bank accounts until I'm married and had that pre-nup sign. There's going to be none of that. You heard it. So any of these 20 girls angling, they get wealthy, making more money on a

Saturday afternoon getting married than life's worth of work. It's not happening with Stephen. Good luck. All right, guys, this is, this is one I've been. and burning to ask you about. We got a little foundation. For anyone that doesn't know about the show, they now know about the show. They now know you two in your background. And one thing I saw last episode when I was watching, it was Sarah Rose. She said it in her ITM interview behind the scenes for anyone that's not familiar with that, that she's looking for clues to who the millionaire is. So I got to imagine through this process, Stephen, you're thinking about how do I make sure I don't kind of fuck up and showcase on the multimillionaire. And I got to imagine, Kurt, you're

you're thinking probably the opposite. Like, I have to make sure that maybe I'm putting the front to the millionaire, but also I don't want to give away that I'm not the multi-millionaire. So, Stephen, what tactics did you use to hide being the multimillionaire? Kurt, what tactics did you use to stay in middle ground? And Stephen, let's start with you. Yeah, number one, Kurt and I had a two-drink limit that the producers would not let us go over. Yeah, so we were able to stay pretty clear-minded. But, you know, for me, I just spoke in generalities. And there'd be times where the women would start, you know, just firestorming off questions. And you almost get so fast, you're just trying

to respond to the question. You don't even think about it beforehand. So, you know, they'd ask me, well, how many cattle do you have? Right after a bunch of questions about farming. And right off the top of my head, you know, I'd want to say 2,500. But I ended up just stopping myself and I'd say, oh, a few. Or if they asked me, how many acres do I farm? I'd just say a few. I mean, that's all they need to know. They don't need to know the scale of it. And so I found that Speaking in generalities really helped me out. Did you ever slip up at any point? The 2,500 would have been a big slip up?

You ever slip up that you're like, oh, shit. I don't believe I did. No, there was one time I mentioned a trip to Colorado, not really thinking that it was anything grandeur or anything, and I got pulled apart from a producer and lit up. I love that behind-the-scenes stuff. It's also good to know that Bachelor's being out. The other is not the only franchise that has a two-jured.

drink limit because I've heard MTV, they don't care. But Bachelor, so what I did actually, my strategy is there was a guy there that didn't drink because he was very focused on his body. So I would have him go down and get me the two drinks and I'd rifle him down just so I could, you know, stay safe. Let me just state that the women did not have that two drink limit. No, no. There's the inside scoop. All right, Kurt, how about you? What are some tactics that you did to make sure you didn't give up that you were not the multimillionaire? Yeah, you know, And you can ask you know, so I'm a terrible liar. So this was, this was extremely difficult for me.

And I'm not very good at, you know, making shit up on the spot either. So I would deflect. I would just give roundabout answers. You know, they'd ask about travel a lot. I'm like, yeah, yeah, I love to travel. Yeah, I travel with Nashville and New York, like, all the time. But that's it. I'm not, you know, going to Europe and stuff.

So I would just, you know, say stuff without saying too much. Or say a lot without saying anything at all, actually. I was really good at that. I would just turn stuff right back around on them and just let them talk. That's where I thrive. And did you have any slip-ups throughout the season that you're like, oh, I shouldn't have said that or maybe it gave it away? Not really. I think I might have mentioned that, you know, I live in an apartment building, but, you know, I don't know.

I think I'm saying it is a nice building. It's a high-rise in uptown Charlotte. So I tried to play it up. I was like, oh, yeah, well, it's right in the middle of Charlotte. You know, just trying to make it like a penthouse or something. It's not. It's a shoebox. All right. There you go. All right. So, Joe, go ahead, dude. What was the lead time from finding out that you were going to be the leads to filming?

Officially, for me, it was like four days. They wouldn't give me a straight answer. So January 2021 is when they found me. And they kept going all the way along saying, yes, you need to clear this off your schedule. Like, this is going to happen. And I'm saying, hey, I've got to hire guys. Like, this is a big position. If I'm going to be gone for seven weeks, like I got to get this figured out. And they're like, just plan on it happening. And then four days before they showed up at my hometown package, they said, a thousand percent it's on. But I could not get confirmation before that. Wow. Now, to add on to David's question, I want to ask both you guys this, going into a reality TV show, I mean, especially as a successful businessman, there is a lot

of risk. What were some of your biggest fears coming into this entire process? Stephen, let's start with you. Yeah. For me, it was being portrayed as, you know, someone that's like an arrogant, you know, money hungry type of guy because that's not who I am. I mean, I literally live blue-collar lifestyle to a T. I, you know, I told you I may be rich in assets, but cash poor. I mean, you know, I don't enjoy the fancier things in life. I live in a town of 1700 people. And I was hoping that they weren't going to try to frame my interview questions or my answers around me being this arrogant, pompous jerk. And so that was my biggest concern.

And thankfully, you know, that wasn't the case at all. They really took care of both Kurt and I on that end. That's good. How about you, Kurt? Any big fears coming into this? Yeah. I mean, honestly, fear of, I mean, at this time, my company, I was out, you know, getting new work. And I had two jobs actually start while I was gone while we were gone filming.

So for me, it was, can I get the processes? Can I get the procedures set up? for me to be gone, me to be away. Fortunately, I had just hired a superintendent who was able to look after some of the residential jobs that had going on, some of the commercial jobs. I luckily had good subcontractors on board. I was able to manage those from afar. But it was just, yeah, it was a lot of nerves.

You know, am I going to take this risk of maybe ruining a company that I've built so hard or that I've worked so hard to build for this, you know, might be a successful reality show, might not be. So there was a big risk reward moment for me. I really had to take the scales out and say, okay, what, you know, what am I getting myself into? What's the long term here? You know, can I let my construction company, you know, take a little bit of a step or a setback here to get me into this new marketplace to gain access to this whole new marketplace of business opportunities? So it was, it was definitely a difficult decision. And obviously, it's turned out for the better. Yeah, yeah, absolutely. And,

the only way it was going to work, I know both Kurt and I talked about this. We had conversations with 495 productions in Fox, and thankfully they allowed us. We said there's no way we cannot go without our phones every single day. So the first two hours of every day, we got our phones. So from about six in the morning till about eight in the morning, Kurt and I were just on calls constantly. I mean, we were walking around the living room, just call to call to call them. Yeah, that's bullshit. That's bullshit. Because on the bachelor, we couldn't have our phone. March Madness was going on. I had no idea my bracket what was happening. The world can have. literally blew up and I'm stuck in the little bachelor bubble. So that is a huge fact that you guys

had that to like even distract yourself and stay mentally in it is big. You talked a little bit about risk reward. Did they offer compensation for taking on a role like this? Yeah. I mean, not, not, it wasn't much. It was not, it wasn't enough to make to make the decision to be quite honest. Yeah. I made them, or I asked them to will help cover some of my expenses as far as paying my superintendent and project manager. And they were good with that. So they definitely were very generous, I guess, with bringing me on. Flexibility and stuff like that. Accommodating.

Give me over under, $20,000 compensation. Over under. Okay, that gives us an idea. And that is in line with probably every reality, TV personality we have discussed and met with. Now, that's compensation for being on the show. What about, I remember the old Joe millionaire, there was this prize package. Yeah. What the hell, Kurt? We didn't get that. I couldn't find it anywhere. You guys didn't get it. No. What happened was I think if the relationships, if you stayed in the relationship,

get to split a million bucks, like what the hell is anything here? Nothing? No. That was whenever I got back home and I actually started digging into Joe Millionaire and I seen that prize package, I was like, damn it, Kurt, we got jipped. What the hell? I didn't even know about that. Had it. I mean, maybe we aren't good businessmen. I don't know. that's amazing i mean hopefully if there's an engagement i know you can't break the news hopefully you know and the bachelor you got a neel lane that gives you a ring hopefully fox has put something together and the ring is is taken care of i won't ask that because i don't want you to spoil anything but i did read stephen that you said uh that you just found out literally it was like two weeks

before the role that you were playing that there were actually two of you so how big of a surprise was that And did you almost consider not taking on the role knowing that you got two dudes going after, you know, the 20 girls? Yeah. So I just told you about the fact that I was scared already about looking like an arrogant, you know, pompous jerk putting my reputation on the line because all of my bankers that I finance with, everyone that knows me is watching this show. And so that's a big fear of mine.

And then I find out there's another guy on the show. And just to be completely candid with you, my initial thoughts are, again, are they going to pit us against each other, and then it's going to have me coming out looking like an arrogant jerk because I'm the multimillionaire here. And so it did. It freaked me out. I was like, man, I don't know what to think about this. And thankfully, whenever I met Kurt and we hit it off right off the bat, it couldn't have worked out any better. But that was a big concern of mine. Interesting. Anything from your perspective there, Kurt? You know, so I had to figure all this out so quickly. They found me. I was the last piece to this puzzle, I imagine, because of a

Like when they found me. They found me, I don't know, not even 60 days before filming. And then I was in L.A. Within two weeks of the initial conversation, meeting with 495 productions at that point. Then that's when I got brought on, that it was Fox was actually the network. So I met with Fox.

And from there, I mean, shoot, that was probably six weeks before we left. And I told them before I left L.A., I was like, hey, guys, I know you're not letting people know if they made it. They didn't make it. I said, but if you do want me, you got to let me know,

because there's systems I have to put in place to make this happen. And, you know, I can't just pick up and go. I've used the line. I said, I'm not the millionaire here. So you got to let me know. So they did tell me a bit more information. I didn't know. I didn't know it was Stephen, but they did let me in, you know, kind of more on the premise

of the show. Because they kept a lot of people in the dark on that. They definitely opened up to me a little bit to gain my trust. I couldn't imagine being alone in a house with that many girls. So you guys must have just saved each other. having like a platform or a person to vent to and talk through and just ask yourself like what is happening. Oh, it was so nice having Kurt there. I mean, we were in a separate house on the same property and there'd be nights that we'd get back from the dates and the girls would be like,

all right, let's go hang out at the house. And Kurt and are like, hell no, we're going to the guest house. Like, we need to decompress and just like talk things over and we're out of here. Yeah. I love that. System overload. I'm curious. I'm curious. You know, you found out four days before Kurt, you're saying like there was like a six week timeline. What's the work? Regime when you find out that you're the lead on the show with 25 girls. Is it like actual panic mode? No food diet, six workouts today. Like, tell me through it, walk it through it.

Because you guys look good. So, thank you. For me, I was all summer long, I was trying to talk to the producers. And I was like, look, guys, if you tell me I'm on this show, I'm going to cut out my alcohol. I'm going to cut out my, you know, my cheap meals, my margaritas and my chicken nachos. And they wouldn't give me one way or the other. And so then I'm still like, well, shit.

I'm going to go out with buddies in. And so for the majority of the summer, you know, I was going out and then start in August 1st, I hit it pretty hard. No alcohol, a stair stepper 30 minutes a day, working out a strength session a day and tried to get down as lean as I could. And I think right at the show, I was right about 11.5 percent, maybe a little lower. So I was able to get pretty lean. I was hoping to be sub 10, but I was fairly happy. Kurt, what about you? I changed nothing.

So, yeah, so, I mean, I was, it was scrambling. I was so I'm grinding with work. I'm like, how am I going to make this happen? I didn't even know if I was going to be able to make it happen. So, yeah, I was still working out. I mean, I work out about four nights a week. I got a buddy of mine went to college with her roommates. We're kind of work out, so we'll keep each other accountable.

So I was still hitting that, but it was the days we were getting longer with construction, just trying to get stuff knocked out before I went. So I was working longer days, not really working out as much as I should have been. and then the freaking quarantine killed me. I wasn't, I'm a lizard, so I spent all my time at the pool. If I care, all my spare time at the pool, you know, after work or something, I'll hit the pool and then hit the gym. So then we were stuck in this hotel for, what, seven days, eight days?

No, not, I think it was like nine days by the end of it. So then I got all pale. We didn't have a, we didn't have a gym. So I'm just working out on anything I can at the hotel, you know. Yeah, David, last episode, they had to do this thing where they got there to do 10 push each, if you remember that. And they took their shirts off. I think you and I should maybe copy their plan, buddy. That's exactly what I went to my phone. I'm like, ask about workout plan. All right. Well, Kurt, I got to ask you about this, because you had mentioned that someone said,

like, was that a hit on your ego at all that, you know, you weren't the multimillionaire. And you said it was inspiring. But I also got to think, like, constantly, you have to be thinking a little bit, like, are these girls going to be disappointed? Is it? it, is there some type of insecurity that is maybe coming to fruition? Because I'm not the multimillionaire. Like at any point through the process, was there any time that your ego like was a little damage or you had insecurities that you were concerned about? And just kind of, how did you overcome that? Yeah, I think I'm unique in the fact that I checked my pride a long time ago. And when I did, my life became exponentially more successful in every aspect,

in my friendships and my relationships. So I think pride is just can really hinder men and women. I mean, we're being honest. But yeah, it can really hurt men, I think, in their success and in their friendships and their relationships. So I try to keep a close watch on that. Don't let pride get in the way of anything to do. Now, back to your question, though, I didn't want to be a prize.

So it was a little worrisome. What if someone picks me because they think I am the millionaire? You know, what if, so that's that's what I was worried about. I didn't want to be, I didn't want to be the prize because, you know, I was the guy in the show and they won. So they get the guy in the show. And I didn't want to be the prize because so maybe he's, you know, this, this, you know, filthy rich guy. So that was more of my concern. Yeah. I mean, those are, those concerns make perfect sense that it seems like you're super level head. Which is a perfect guy to be in this role. Stephen, for you, though, when you're going through this, I feel as though when I was single and dating, if someone had those intentions of trying to be with you because of maybe. maybe your success or your job or your fame. To me, it's relatively transparent. In the back of your head,

you got to be going through this process thinking, I got to try and spot out someone who might be doing just that. Is it, is transparent as you would think on a show like this? Or did you find challenges in determining who was really wanting a relationship with you and who was potentially wanting a relationship with the guy that has the money? Honestly, I feel like by about the midway point of the season, maybe a little after, Kurt and I had really figured out who was there for the right reasons and who was there looking for the fame or the money or who was genuinely there to see if they could find a relationship. And I think, I think, you know, being able to read how genuine someone is, especially in that type of time period where you have four to five weeks with them

is pretty easy to do. It's hard to fake it for that long. Yeah, I think you're right. Something's going to break within that time period. One thing I'm curious about, and I know David's got a question here. I want to ask this, though, I want to flip the script. How curious were you guys of the background and the financials and the careers of the girls? Because I liked that they did show the careers of all the women. A lot of attorneys and I saw a social media manager. I saw a couple influencers. Did those conversations come up where you were intriguing and asking them all about their background, their careers? And in your head, how did that benchmark? What are you looking for when you look for someone in a partner in their career? Yeah. I mean, honestly,

you know, they, they were able to speak about their careers, what they do, you know, pretty openly. And, you know, we found out that there was a few women on the show that had a higher net worth than Kurt and I combined. So, yeah. No, I swear. So, yeah, there were some women there that were very, very successful in their own right. Can we get some names or no? Yeah, well, Jenny, for instance, one of them. She's an attorney out of California. Very, very successful, is doing very well for herself. And then, but yeah, I mean, so we were able to see the women had a lot going for them and for me personally uh from a financial status standpoint uh i'm not looking for financial status what i'm looking for are the character traits that build into financial

status so hard work dedication perseverance uh you know the willingness to endure through trial and tribulation and to stick to something and to finish something that's what i'm looking for in a woman yeah yeah absolutely you couldn't have said it better i'm looking you know same exact thing and that's why we're relying so much you know i want a badass chick i want to i want to i I want a girl who's got some, yeah, some strength, some mental fortitude to go out there and persevere, you know, get knocked down a few times and say, you know, this is what I want. I'm going to go get it. And for me, that is, you know, reflection of yourself, what you look for in a partner, right?

So I think if, you know, both of us being honest, I think we both want women like that to build careers, build businesses with and build a future with. And Steve, you mentioned four or five weeks getting to know them and really finding out about them is that how long filming was and then did you guys get to see the girls every day i mean obviously i always go fall back to the bachelor which you can go a week with seeing them for like a cocktail hour at the most at the most which is incredible we uh yeah we did crazy we got pretty frustrated sometimes because it felt like it was curt and i that were uh on camera in the guest house for days at a time but yeah i mean for the most part we seen the women every day the

the length of time was definitely varied sometimes it was two minutes sometimes it was all day. There, towards the end, you really got to spend more time. As we got down to about 10 women, that's when we really got more time spent with them. Good stuff. Milled mental warfare. Filming that, David, was eight weeks of actual filming. I think the total time length were gone was a little over nine because we had the quarantine

and all that. It was, you know, we had to jump through a lot of COVID hoops. Yeah. Speaking of mental. There's a lot of making out happening. so you want to make sure that the COVID-Hou tested every day. Yeah, that is very true. That is very true.

You make out, you make out and then production sticks to swab up your nose. Yeah. Speaking of mental warfare, though, one thing I was thinking about is if you two are attracted or into the same girl. Like, was that ever concerned? Did that ever happen? Oh, yeah. It happens.

We had, Kurt called them Switzerland because they had no alliance to either Kurt or I. They played the middle. And so we didn't know which way, you know, which one of us they really liked. And it, you know, it led, it's friendly competition, but competition nonetheless. I mean, you know, Kurt and I are, we like to consider ourselves two alpha guys. So, yeah, we, you know, had some competition. Yeah. Fortunately, aesthetically, we're into different women.

Yes, thank God for that. Are our typical, you know, women different? And we knock that question out right off the back. The first day, yeah. Who are, what kind of women do you like? historically. There you go. I love it. A little bit of battling, a little bit of deception here on your end. What are some things like, as we're tuning into the rest of a Joe millionaire, what are some things that the viewer, whether they're watching for the whole

financial aspect, they're watching for, you know, the whole personal aspect or they just want some good reality TV? What are some things that we could look forward to in the rest of the season? Yeah. You know, for me, Kurt and I are not reality TV guys. I don't even have cable in my house. Kurt doesn't have a television in his living room. So we're not TV watchers. So I always thought reality TV was fake as it gets.

And so I was like, I'll go down here. You know, it'd be awesome if I met a girl, but I'm not really going to feel true emotion. And then you're taken away from your everyday life, taken away from your family and friends. And in that environment, everything is emotional roller coaster to the 10th degree. So, you know, you are basically a wreck the entire time. And, you know, all the emotions that you see on camera are 100% authentic and it's as it happened. Yeah, it, and you know, Jason, you've been on it. It is a weird psychological experiment, is it?

It totally. And then add this layer of the money thing on top. I don't know how that played into it, but just the experience in itself is a psychological experiment. So dealing with that when you realize what you're in and when you're in the middle of it and you're, you know, you're having these checks with yourself all the time. but the emotions do get the better of you. Absolutely. What was even the original question? I got a little soundtrack there.

What can viewers expect? Yeah. Oh, this is where I give you the chance to tease your show, man. What can you expect? So, you know, I don't know, because we're not privy to how this thing has been edited and cut up. However, there were some funny girls in the show. Stephen and I, I like to think, are pretty comical ourselves.

So I think it will be a very entertaining show. There's some good humor in there. there. And yeah, maybe a little bit of love. There's some dudes having an emotional breakdown. There's a group date where all the women are out there chatting together. Trying to figure out where the two guys went. And Kurt and I are in the bathroom. Just like having a mental meltdown.

I was ready. I was honestly ready to leave. I think that's what I realized. I wasn't confident if this thing was going to hit or not. So I'm thinking, shit. What are my sacrifices? Sure. And then on top of that, because part of what you're sacrificing is almost your integrity

to a point, right? And our life's going after this. We have to date women. We have to look them in the eyes. Either the women that we picked the show or women after, and they have to be able to believe us in the things we tell them.

So that was hard for me. I was questioning myself and then Stephen was questioning himself as well. And I think everybody involved in where those shows has to have that moment, right? Now that we're talking about teasing the end of the show and you mentioned a little bit about after the show effects, is there any hope or plans to kind of pick up

some of the, you know, passive income, revenue income that being an influencer or Instagram can bring to your guys' plate? I think we'd all be lying if we said that wasn't a goal or plan, you know, for giving this opportunity to be given this platform, absolutely. Yeah, absolutely. I'll be tuning in to this podcast more often, Jason, because I see that you to bring on a lot of people in this world and that are already in this marketplace. So we'll definitely be tuning in more to that, seeing how to capitalize on that. But also, I think it's a brand awareness. And, you know, Stephen is really good at branding and has been branding.

And that's something I'm trying to learn to. And I've got some brands that I'm working on. So this definitely the exposure of this will be capitalized on. Yeah, I was actually right when I interrupted you there, sorry, I was going to say you got to go listen to our second ever episode with Joe Galley is a, the CEO of Iron Nation. Because I think that, you know, we talk about we talk to a lot of people in a lot of different industries, but it always comes back to this like social media. influencing and just the way advertising and marketing has changed and I'm just I'm not even a joe millionaire I'm a joe hockey coach who just happens to be friends with jason and i know that that episode like completely blew me away and educated me so much and you guys are going through it right now i got

your instagram's up right now i'll give you a good follow here but i love the show my wife put me on the show my wife yeah right my wife put me on the show we love it so uh i was excited when jade texted me yesterday saying we're going to get a chance to talk to you guys so awesome well we've appreciate it guys this is awesome it's been it's definitely a little different podcast of what we've been doing but like uh like kurt said the entire time we were in the guest house all we talk about was business and finances and and what our plans are after this so it was nice to actually do a podcast about yeah yeah we appreciate that kurt when you're all done and you're any of the guys have any questions about that game you guys just let me know before we wrap though this is how we end

every podcast i got to get one trading secret from you guys it could be about the show it could be about career navigation. It could be about financial management. Essentially, the trading secret is something you can't read in a textbook, you can't learn in a classroom, something that, you know, someone might be looking for any kind of like inspiration. Again, it could be about the show behind the scenes, career navigation or financial management. Need one trading secret. Who wants to go first? I was just, I was going to see. I'll get mine in a second. Yeah. You know, I would say anything that you do or any success that you're going to find is going to take double the money you think it is and 10 times the effort that you think it is. I like that. Double the money

10 times the effort. That's a good one. One we certainly haven't had yet. So thank you for that, Stephen. Kurt. So mine is going to be, mine's very personal. And this is just what I learned when I started my company. I didn't have near enough money saved up. And I had a conversation with myself and I says, just do what you're passionate about. Do what you love and just work. Just keep working. And you'll figure it out. And I got to say, I haven't needed or wanted one thing since I started my company. I just keep my head down. I work and the money comes. It's brilliant advice. Guys, we appreciate you coming on, learning more about the show. We're anticipating, excited for what's coming up. Anybody that hasn't heard of you guys,

but now knows about the show and now knows about you and wants to learn more or follow along. Kurt, let's start with you. Where can people find you on social media or any business that you have? Where can they go? Hey, you can find me at Sir underscore Kurt on Instagram, also on Twitter. Don't can own it that often. IG is probably my main social media. I don't have anything for the construction company yet. I'm working on the website. However, it's not really something. I'm probably going to even really promote a brand that much. Like I said, I just worked for a couple developers and kind of keeping it small for now. Beautiful. Kurt, if you want to grow that social, especially that

Twitter, start live tweeting these shows. People want to hear your opinion. That following will grow massively. All right. Give it to me, Stephen. Where can people find you? Yeah, I'm on a IG mostly. Stephen McBee is my name on there on Twitter, Stephen underscore McB. And then all of my companies, I'm constantly posting about them or they're in my bio. So just get on there and you'll find them as well. Beautiful. All right, guys, that's the Joe Millionaires. We appreciate you guys on. Congrats on all your success. We will be watching closely to see what happens. Guys, thank you so much. Really enjoyed this. Seriously. Awesome. Yeah, David. Jason, this is awesome. Way better than the other podcast. Let's go.

Living that dream Making that money money rain on me making that money money We are closing in the bell on the Joe Millionaire

for richer or for poorer podcast that was a wild one but what's more wild than that podcast and talking to these guys especially as the show is airing by the week is the whole concept of the show. What a wild spin on things.

You got two guys. guys, one's a multi-millionaire, one is far from that, but the girls don't know. David, before I even get into just like your questions on the podcast and things we want to cover, I feel like you would have an interesting take on just the whole premise of the show. So give me, like, when you hear about the concept, what do you think? So I watched the show. You texted me yesterday saying that we were going to have these guys on. I was super pumped. I think it's a phenomenal concept, to be honest. Like, you know, I think we are very much program, not programmed. but like we hold the bachelor as like the gold standard of what dating show should be.

I just watched the last episode and you could hear the girls talk about are you in on this guy or this guy and you know girls being like I'm in on curtain. If it's not him like I'm gone. Like I just think that that's so refreshing rather than trying to fit a square peg in a round hole only having one host and like all these people are forced to like them. You're giving the contestants two options which means you're going to get a little more genuine approach to the show because they have more options. So I think like that side of it is really, really cool. That's a really, really good point is the fact that like the one girl's like, well, I remember in that last episode, she said, well, it's a good thing there's not just one of because the one girl said, I am into one.

I'm not into the other. And if it was the other, I'd be gone. Right? And you think about how many times The Bachelor that happens or how many times people just want to win for ego so they keep going. They end up with that person and it doesn't work out. One interesting thought I had that actually, I want your take. on this, David, is the whole premise of, like, the identifying, like, the whole gold digger thing,

right? Like, if you were in their shoes and you were single, how sensitive would you be to that? Because they were acting like, yeah, you know, like, I'm looking for it, but I'm not very, like, they just seem very easy going about it, where I would be, like, hyper-intensive, analytical, like, who's in this for the money and who's not? Yeah. it's a hard question because I've never had money so I don't know how

I don't know how protective I would be I don't know I feel like almost the person with the money could really be more relaxed about it in a sense like I think the person with the money they have nothing to lose like they can just go out be themselves like go on a whim and kind of see how everyone reacts

I think the other person would be the one who maybe is a little more insecure a little tighter a little more strategic about the thing because they want be liked for genuine reasons because they don't have the money whereas the person who has the money if they're not liked for genuine reasons then they're just on to the next one so i think like the person with the money has the opportunity to kind of just be more like nonchalant about it yeah because if you think about it imagine like that's got to be one of the biggest fears if you are the person

that doesn't have the money and you think you just fell in love and proposed and they find find out and you see even the slightest bit of disappointment on their face that is an image in your face or in your brain you will never forget ever. But the good news is if you end up with a girl and then finds out that you're not the millionaire and she leaves you, at least that's done and gone with because if you are the guy with the money and the girl ends up with you because she thinks you have the money and she finds out you are the millionaire and you'll never know if it's genuine or not. Yeah. You could just think that she was chasing. So it's like double-edged sword. It's a good point. David, you know this, but we have a restart all access group and the members from

the group can come on live to our podcasts and they can network with. each other and we have an array of things that they get. But if anyone's listening here and has interest in joining that, just shoot me an email, restart at jason tardick.com. I say that because one of our members, Brianna, had as a great question that I totally agree with. And Brianna said that it's interesting because Kurt is like, he's like an average person with like a decent income. And he's not like this poor person like the show maybe might make him out to be. I do actually find that kind of interesting that they have this multimillionaire

and this guy who's like in a really good position to be a millionaire or multimillionaire in a few years, it doesn't seem like the two are so transformatively different that the shock value when they're not this multimillionaire is justified, right? I guess my point is it's not like we have a

some guy who they cleaned up off the streets and is like goes from homeless, like does it like literally has no home and is a multimillionaire. what's your take on that i think the producers did a really good job of choosing the two people to contradict what the contestants probably think i mean they play the roles uh perfectly they got to play that angle i think they picked the perfect person and kurt to be the non-millionary he's humble he's grateful he's looking he's with him he's living with a multi-millionaire for two months he's learning from him

he's asking for advice he's i think they picked a really really good group of them but you know tv TV shows are going to TV show. They're going to make him look like he's a poor schlub. But I just find the perception of the whole thing really interesting because he's got a little more suave. He's got a little more swag. He's got the long hair. He's got the more like, you know, manicured like facial features and is in those things.

So I think that they pick two perfect people for the roles. For sure. Now another question, Lizzie from our restart all access group. And you guys can join. Just shoot me an email restart at jason tardick.com. But Lizzie asked about my prediction on what Kurt and Stephen will make through social media in the first year off the show. This is a really tough question. Before you answer, have you looked at their instas? Well, yes, and it's not much, right?

One has 6,000 following. One has 33,000 following, right? Yeah, Kurt has 8,000. So we'll see if the show is driving the demographic that increases the following. With that following, it's going to be tough to monetize significantly. Based on what we're seeing, we're a couple episodes in. I think they should expect, because I think when they get engaged and stuff like that, if they do, it'll be bigger. I would say like a couple hundred thousand dollars. I think they'll be able to monetize. The one big thing for both of them, which most people that come on these shows don't have, is they already have infrastructure. They have capital. They have expertise and they have businesses that already exist. So most people that you see, they start a business after they go on

the show because they've built a platform. Not many people have this infrastructure like both of them do. So I think they will both severely impact, you know, have much impact because I'm thinking both of them will net at least 200K. And if I took a guess on how much, it sounds like they were probably paid. It said under 1020K. I'm going to guess they were paid 10K each to do the show. I just love their honesty and the question that I asked him and be like, yeah, of course we're looking to create income through the new platform and exposure that we have on the show

through social media. Like they're smart dudes. They get it for sure. Oh, Steve, dude. They're both really bright guy. I want to give him. They are both really bright and really good-looking dudes. Yeah. Stephen was one of those guys who, when he talked, I was like, ooh, this is going to get over my head real quick. So I had a question. They said they get their phones from six in the morning to eight in the morning every day that they negotiated. I thought that was like a phenomenal thing. I know the contestants on The Bachelor don't get their phones. Do you know if the leads get their phones? I'm starting to hear that like stories of people that actually got their phones, like Adam, AG from the Bachelor. came on, he got his phone to do some business stuff. I remember when Colton was The Bachelor,

he got his phone for certain things to check in with his family. And I think the leads, they'll make exceptions. I think the standard rule is you don't get your phone. This is, again, this is my, I don't know for sure, I'm guessing. You don't get your phone, but they'll make exceptions, I think, for the leads. Okay. And then one other question I got to ask, because we asked them and I really wanted to ask you, what's your biggest bar tab? Oh boy. We're is my biggest dude probably honestly your bachelor party you bastard i think one of them one of the guys that i split and it was like six or seven grand so it's probably 3500 each oh yeah so my biggest one was a bachelor party too that i was at in arizona and it was me and the best man we're

going to split it and then probably just get venmo from everybody and then his car got declined and so i had to put it all my car is like 6700 bucks oh yeah and i'm not that's that's steep yeah I think Bob, like, you talk about the dumbest, dumbest way ever to spend money. It's on bottle service. It's so stupid. The dumbest thing. David, there was actually one other thing I wanted to see if you knew and if you didn't know, I was going to explain it because you're my voice of the viewer.

When he said $10 million of wealth on paper, did you understand exactly what that meant or no and just be honest with me? I'm going to take a stab. And this is hopefully doesn't go over like my definition of millionaire. I think on-paper net worth has to be assets in terms of if I own 10 houses and they all are worth a million dollars, then I have $10 million of on-paper net worth. Yeah, that's like pretty much accurate. It's the equity, so it'll be your equity minus like whatever liability you have, right?

So it's the asset value minus any like liability you'd have, right? So let's say you have a million dollar property and it's valued at that and the outstanding debt on that property is 200K on paper. you'll have 800K of worth, right? But the thing is, is if I say I have a $10 million net worth, but I have on paper eight properties that value at $8.2 million, that doesn't really capture,

like it's not like I have $8.2 million in cash sitting there. That means I have assets that have a value that I could probably liquidate for that amount. And so when a bank is looking at lending to an individual or a company, they'll ask for a personal financial statement. So you could see the assets that you're lending, against. So you pretty much nailed

that that was that. But, you know, we'll have to see what happens here. Any other things before we wrap it up with the Joe Millionaire episode? No, I gotta say, I watched The Bachelor last night and then I watched this show

tonight. And I gotta say, there's elements of the show that I'm questioning like I was watching the best. First off, the last episode of The Bachelor might have been one of the worst on records. You give people like Cassidy and Chennai, way too much FaceTime for the wrong reasons. You know, The Bachelor does this in the first four or five episodes.

They give you the drama and then they get to a relationship. Sometimes it's too little, too late. These people are in the final four. You don't even know who they are. The Joe Millionaire has given me, they're giving me some better character building, relationship building. I'm feeling Joe Millionaire right now. So I'm just going back and forth.

All right. So right now, David, is Team Joe. Millionaire with production and engagement entertainment I like that we'll see where you are at the end of the season and it'll be interesting to see how this show is doing with ratings and stuff like that so we'll check that out at the end of the season maybe we'll recap with these guys once the show's over to see if they're engaged or they're not engaged it would be interesting to hear the take of the women they end up with as they and I would like this journey I would like

to do a little bachelor data for Joe Millionaire data and see what their social followings are at and the opportunities they've got to but my last two cents Those two are great guys. We have a long list of males and females we've out on here that we want to get a drink with at a bar at a happy hour at some point. I think these two guys are definitely added to the list. Those two make the list. And guess who else makes the list?

Alex Rodriguez, where we are going to podcast with in just a couple weeks. So, guys, thank you so much for being on another episode of Trading Secrets. Please remember to give us five stars. Throw a review in there. We are listening. We are watching and literally reading each of them and screenshoting them to one another. So your voice is heard. We appreciate it. Thank you for tuning into another episode of Trading Secrets. One, we hope you could not afford to miss.

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