Lessons from a Multi-Millionaire Startup Founder.

hey everyone meet Kevin here wanted to

talk about

fear uncertainty doubt and life and

trying to get ahead in this crazy world

we live in there's so many reasons to be

fearful I mean think about it dollar

crisis or China Taiwan

it really reminds me of my childhood and

really getting to where I am now uh I

mean when I was seven my parents

divorced we lost our home we had our car

repossessed I went to seven different

schools as a child no consistency we had

seven to eleven twenty dollar bills left

in the bank account I know that because

I wanted to buy a Bionicle and I'm like

Dad it's 20 bucks come on man he's like

dude

I could only buy seven and then we're at

zero then we go negative and I'm like

I'm seven and I know this isn't good

this guy's seven that's my guy

he's seven that's Jack

I hope he never has that experience in

his life

but I wanted to take the opportunity to

talk about risks and risk in life

whether it's in stocks or real estate or

just life and I thought I'd start a

little bit with background so when it

comes to background

I always told myself as a child when we

had nothing or very little that no

matter what I could always have a

minimum wage job

it's basically a social guarantee right

that you can always have a minimum wage

job and play World of Warcraft

plenty of really fun video games and

I'll tell you the times that I played

video games uh

really fun you know and not necessarily

that bad of a life uh now maybe not as

fulfilling but uh then again depends on

your definition of fulfilling because

either you're leveling up at a job or

business or in video games you want to

feel like you're accomplishing something

and

for a lot of my childhood that was

slaying dragons and old school RuneScape

or splinter cell or Age of Empires or

even the days of Red Alert which was

even before that calendar strike you

name it but I always think to myself

worst case scenario if I reset I play

video games minimum wage job no way

obviously I don't want that and I

haven't played video games for probably

about eight months now which is wild

because I used to play a lot but I mean

I think

back when I was in high school

I was on a set path to be a lawn

enforcement officer or work for the FBI

20-year pension uh back then is what our

department was offering when I was a

volunteer there I could have started at

19 been retired by 39. in eight years I

would have been retired with a pension

uh but instead I decided wow I met a

girl in Paris I'm gonna leave Florida

leave the chance to go to a four-year

College here in Florida go to a

community college in California finish

High School in California for a girl

so my risk was I could reset and totally

go back to zero

scary I had a lot of fear

but I did it anyway I said you know what

I'm not gonna be afraid because worst

case scenario

I'll just start a little later or I'll

reset but resetting in a developed

country as long as you're doing your

best you're full of integrity and you're

trying to put one foot in front of the

other by doing the right thing for

people you're leaving places better than

you found them

you get ahead and you win

that's at least the goal you don't

always win I've made plenty of mistakes

for example working at Hollister and

manager let's just say cut my hours

basically fired me

to in college not getting the best of

grades once I was at UCLA once I

transferred from a community college to

nearly quitting not finishing College

to leaving my restaurant job a stable

restaurant job that I had to become a

realtor it was a lot of fear and I every

time I flip-flopped on whatever I was

doing

I was grateful I made the decision

because ultimately

so far at least

it has always ended up leading to

something better that doesn't mean I

didn't have setbacks always had setbacks

in life life is literally always about

two steps forward one step back

sometimes it's like three steps back and

then it's like all right well that sucks

Let's uh let's get back on the path

where we're going two forward one back

right

but it was the fear also of being a

realtor in 2010 and 11 and realizing

damn what if there is a double dip

recession well

what if I buy a house

and you know basically go into escrow on

a house at 20 years old and convince

other people to buy a home because it

seemed like it was the right time in the

market you could literally borrow 100

and rent out the property for more than

what all of your payments were I'm like

this doesn't make sense not to buy

so we Bond and we encouraged other

people to buy

and there was no double damn things

ended up working out and even had they

not well I would have been back to

minimum wage and uh playing World of

Warcraft

but I did the same thing when I became a

broker I took the risk to go on my own

become a broker took the risk to make a

TV commercial and go out on my own and

spend 30 of my net worth on

a TV commercial

airing the TV commercial didn't make me

money presenting it listening

presentations did I think it had a

positive Roi there but I flip flop on

airing that on TV because it wasn't

profitable you don't get people make fun

of me for flip-flopping but I'm like

dude

you have to flip-flop

if you're driving and you're in a car

with me well first of all you're gonna

go on a ride if you're on a car ride

with me a joyride blue velvet references

but anyway

if what's in front of you changes on a

road that's not mapped which our lives

are not mapped all we know is there's

opportunity then you have to flip-flop

don't be bound to something because you

said you're going to commit to it

you have the right to change your mind

look at the world of opportunity we have

out here look at this

flip this around look out there

look how much land there is out there

how much opportunity there is out there

there is an abundance of opportunity and

it's never too late to start if I

thought it was too late to start I would

tell Jack hey man why bother trying

right I mean think about it let me ask

him

hey Jack

do you think you're ever going to run

out of opportunities to make money in

life

there are always going to be jobs and

and things available for you to make

sure you could succeed in life like will

there always be options for that or do

you think there are dead ends and you

just might not be able to get ahead or

do you think you'll always be able to

find a way to get ahead I think there

will be a way to get ahead why do you

think that

because

um there's like easy jobs

yeah

you want an easy job yeah so you could

all what you're saying is you could

always fall back to an easy job right

yeah

but do you always want to do an easy job

or what kind of jobs do you want to do I

wanna

I'm thinking about being a YouTuber too

that's awesome dude that's awesome so

either way point point being uh I always

look at life and suggest okay hey if

something doesn't work flip-flop but no

shortage of opportunities Jack wants to

be a YouTuber try it if it doesn't work

flip-flop plenty of fallbacks like even

Jack said look you can get an easy job

and flip flop back onto something easy

there's always an option it's actually

interesting for him to say that because

he had no idea he was just about to ask

him a question but I think about that as

he's got a really good point I mean that

reiterates the idea that there is always

something available for you which is

kind of cool but I also think about the

risks that I took

of

quitting real estate uh as a salesperson

to do YouTube full-time I didn't know it

would ever turn into what it did today I

feel so blessed and lucky that it did I

really do

and it gave me the opportunities to keep

taking risks and I think that's what

happens in life is you get presented

with opportunities and they really

create other opportunities for example

last year I became a financial advisor

and signed up for the 500 000 a year

risk of running an ETF

that's a lot that's scary and it could

fail I'm now literally

mistaking I'm putting my money where my

mouth is

and when I say hey I like a certain

subsect of socks I'm basically

committing to that publicly

[Music]

but I'm willing to do that I'm willing

to take that risk like I said I could

always flip-flop I don't expect I will

because well first of all the ETF is

doing well I don't want to start talking

about performance because then I'll get

in trouble with the SEC uh go to meet

kevin.com and you can see all the

information on links to my affiliate

programs my courses on building your

wealth the coupon code the fact that my

licensed real estate agent licensed

financial advisor this is not

personalized Financial advice and you

can see a link to my ETF we'll leave it

there for that but I also started a real

estate startup

myself and my wife

borrowed to buy this plane

so that we could be the best Executives

for our real estate startup our real

estate startup has not paid a single

dime towards this plane not a single

dime it's all on us but we're doing that

because we really believe in the

long-term success of this company this

is not like a oh let's you know get in

get out kind of thing you know it's also

really hard to mess up with um with with

starting a real estate business because

you're buying real assets the question

then is what can you scale it into and

that's what we're really excited about

but look

getting to the next level

and and doing all these things and

taking these risks to me is enjoyable

but it doesn't mean it has to be for

everyone let me switch hands for a

second

there we go

taking risks and thinking about what's

next could be as simple as do we want to

have a child do we want to invest in

socks do we want to buy a rental

property and hopefully the answer to all

those things is yes I mean I'm not your

advisor I can't tell you what to do but

I'm a big fan of

focus on quality and ignore the noise

look I'm a big fan of covering news

whether it's the noise of politics or

the noise of stocks and all of the

uncertainties that happen

but there are always going to be fears

and uncertainties and I've just found

it's better to try and flip-flop than to

have never tried at all

now JK Rowling talks about that you know

it is better to have tried and than to

have never tried at all I prefer the

it's better to try and flip-flop if you

don't like it because again you can

always flip-flop back to an easy job

that minimum wage job you always have a

safety net

but in the meantime you may as well try

to go for something like Jack it's like

hey you can always go to an easy job

come on man of course there are plenty

of opportunities out there what are you

talking about Dad but in the meantime

I'm gonna go try to do something I'm

gonna go make a YouTube channel we

should make a YouTube channel sooner

Jack you should make a YouTube channel

sooner yeah anyway

you know I remember being in in high

school and thinking man I wish I asked

or even a middle school man I wish I

asked more girls out on dates or

whatever and now the first girl that

actually successfully asked out on a

date I ended up marrying and having two

kids with Jack

happens to be number one

but um

you know like people always make fun of

me for flip-flopping but I think the

best thing you can do is

make a decision

and if it doesn't work out adjust it's

okay but

not making or taking the leap of faith I

think is the worst thing to do in life

because again if you reset it's not that

bad

and if you don't reset

things could be really good now one of

the crazy things that I'll say is I

would say the happiest point in my life

when is really what I was

working minimum wage at Jamba Juice with

like no responsibilities

the next 10 years were really difficult

really stressful really hard a lot of

anxiety used to have an anxiety problem

so far in 2023

I'm happier than I was then and I have a

lot of responsibilities now but I don't

have anxiety anymore

but I will say they would I go back and

not have taken the risks because of the

fear of that anxiety

absolutely not and I encourage everybody

to think about what can I do to get

ahead now I'll give you a quick little

preview about stocks and real estate but

again I want you to look out look at

this

I want you to think about this look at

this

there's endless opportunity out there

endless there is zero shortage anybody

who tells you there's a shortage of

opportunity

hasn't tried themselves so to wrap this

up

let's talk about my thoughts do I really

care about the inverted yield curve do I

really care about Taiwan the dollar

crisis or all these things no I will

cover it and people are going to make

fun of me every single day for having

titles that are a little exciting

because somebody's like oh the Market's

gonna drop 20 and I'm like that's a good

title I'll respond to it because I don't

actually think that

I'm gonna do that

maybe I'll flip-flop on that but I'm

going to keep providing value every

single day and that's my goal because

really I think we're we're going to be

facing deflation in the next 10 years

and the inverted yield curve is actually

inverting more than it historically has

over the last 20 years the twos tens

trend has been more and more inverted

and I think the reason for that is

simple

we're trending towards deflation but

more on that in a different video

when it comes to stocks though real

estate and investing I think you can

make your life very easy by focusing on

quality quality stocks quality pricing

power stocks quality properties quality

real estate you know a lot of people are

like oh but Kevin I want I want cash

flow you know the highest cash flow

properties

can have the biggest headaches the

absolute biggest headaches and we think

about it the higher the cash flow likely

you know the people are like oh it's 10

cap or 20 cap or whatever

a lot of these properties are like dude

you have to collect rent with a gun

you're dealing with hoarders and

evictions all the time and it's complete

disaster and Nightmare

somehow you are paying for the pain

now for some people it makes sense and

I'm gonna try to bag on that but in my

opinion I look at it and go look if I

can't do a Craigslist transaction

somewhere at eight o'clock at night

I don't want to be there and I certainly

don't want to buy there

so I encourage you to focus on quality

and focus on quality throughout your

life maybe not for like all the little

junk that doesn't matter like you don't

need the highest quality washing machine

or dishwasher or microwave or coffee

maker you know get stuff that gets the

job done

but when it comes to

quality in your career you don't

actually have to move around a lot

you just have to always be thinking to

yourself what's next what can I do to

invest to get to the next level or or

Advance my career to get to the next

level

those are big goals and uh that's a sign

we're coming in for a landing so uh

I think that's time to go anyway look I

wish you all the best I love you thank

you so much for uh being a subscriber

and uh we'll see you in the next one

Jack you want to say bye

bye guys