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1 Business Lesson that Changed Everything.

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this video could change your outlook on

0:01

business Forever at the end of this

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video I'm going to ask you what was the

0:06

one thing that drove me we're going to

0:09

use myself as an example for the next 30

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minutes watch it on 2x it's only 15

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minutes but it could change your life

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the psychology of this one thing that

0:19

overarches everything I do could take

0:22

you from sad and depressed and feeling

0:26

like you're not winning to finally

0:28

winning and succeed eating and becoming

0:31

a multi-millionaire hey everyone me

0:32

Kevin here in this video I'm going to go

0:34

through a what happened to meet Kevin

0:37

analysis and we'll end up where we are

0:40

today so you're caught up with how

0:42

things have really changed over the last

0:45

four to 5 years because a lot has

0:47

changed in fact back in

0:51

2016 I didn't even make YouTube videos I

0:54

basically just made YouTube videos to

0:55

embed them on my website and I kind of

0:57

saw them as a way to int ruce myself to

1:01

potential customers as a real estate

1:03

broker without them actually having to

1:05

call me that was less intrusive for them

1:07

and it was actually really good because

1:09

when I sat down to meet with a lot of

1:11

people face to face said hey here's a

1:13

little about me they're like no we've

1:15

already watched all the videos on your

1:16

website we love you where do we sign and

1:18

I'm

1:19

like here it wonderful so videos have

1:24

always been such a wonderful tool for a

1:27

business and a side hustle and quite

1:28

frankly if you don't have have a side

1:31

hustle I really think you ought to have

1:33

one mostly because as you grow a side

1:36

hustle you could start expensing things

1:38

you know writing things off on your

1:40

taxes that you might not otherwise be

1:42

able to uh now this video isn't really a

1:45

tax lesson we talk a lot about that in

1:47

the courses and there are other videos

1:48

on YouTube where people talk about this

1:49

but there's some really cool reasons to

1:51

have a side hustle uh so if you're ever

1:53

in sales videos are fantastic especially

1:55

embedded on your website and not too

1:57

professional just casual it's just you

1:59

the camera having a conversation you

2:01

know it doesn't have to be uh too uh too

2:03

scripted or or too overproduced but a

2:07

lot of people have wondered hey you know

2:09

where where were you then and and where

2:11

are you now and so what are your

2:13

intentions uh and what are your goals

2:15

and otherwise so I know this is a little

2:17

bit more of a niche video uh and oh I'm

2:19

not even writing on the board so let's

2:20

write right here uh let's go into

2:23

2020 meet Kevin and let's go to

2:27

2024 meet Kevin and let just draw uh

2:31

some comparisons so we kind of know what

2:33

has changed and what hasn't changed uh

2:36

so first of all in

2:38

2020 I had two children and now I have

2:44

seven children so that's been something

2:47

that's changed uh going into 2020 I had

2:52

uh two employees I had two employees in

2:56

construction which were amazing I

2:59

basically basically felt like the vast

3:01

majority of my business outside of

3:02

construction and real estate was just me

3:05

so I basically felt really sort of if

3:08

it's going to get done I got to get it

3:09

done outside obviously of the

3:11

construction and this is really just a

3:13

way of filling in those trades that are

3:15

missing when you're doing renovations on

3:17

real estate right going back before 2020

3:20

remember I came from a real estate uh

3:22

profession so as a real estate broker I

3:24

not only bought and sold homes for

3:26

people but I also invested in real

3:28

estate I thought if I was going to sell

3:29

people real estate the best thing I

3:31

could do is invest in real estate to

3:32

prove that I think it's a good

3:33

investment and that Still Remains to be

3:35

true so uh two children uh two employees

3:39

mostly in construction and basically a

3:43

uh business that used to be real estate

3:46

sales and in about 2018 you people

3:49

always wonder like oh YouTube that made

3:50

you millions of I I became a

3:52

multi-millionaire before YouTube okay

3:54

and I don't even like talking about it

3:55

but before YouTube so uh but I did

3:58

transition to basically doing YouTube uh

4:02

fulltime because it did pay more than

4:06

real estate sales which makes sense if

4:08

you're making $500,000 doing one thing

4:10

and $5 million doing another thing why

4:12

would you spend any time doing the 500k

4:15

thing just an example so two children

4:17

two employees YouTube full-time and then

4:20

uh I would call my side hustle uh real

4:24

estate investing uh and that was about

4:27

it uh that was sort of meet Kevin and

4:29

then of course I had sort of a lot of

4:31

ideas and my goal was always just to

4:34

present myself as somebody who doesn't

4:36

have all the answers but as somebody

4:38

who's working hard to always find the

4:40

best path forward and find the truth I'm

4:43

a big fan of finding the the middle

4:45

ground the uh unbiased approach to

4:48

what's what's a great way we can all

4:50

find the best path forward right to find

4:53

Solutions I don't really like politics I

4:56

Do cover it when it affects Finance on

4:58

the channel but generally a lot of my uh

5:00

YouTube channel is focused on finance so

5:03

it's stocks it's real estate it's

5:04

investing it's debating what the best

5:07

path forward might be big fan of that I

5:09

think that's useful for everyone again

5:11

that doesn't mean everybody has to agree

5:12

with everything that I say so we've gone

5:15

from this in 2020 to something a little

5:19

bit more than that uh so I I think I've

5:23

actually lost count at this point but

5:25

we're probably somewhere around 13 or 14

5:29

uh employees now I guess I should have

5:32

probably done a count before I made the

5:33

video but we're we just hired somebody

5:35

else so I'm not sure if that brings us

5:37

to 13 or to 14 but anyway uh so about 13

5:40

or 14 employees between the various

5:43

different businesses uh and entities

5:44

that are going on so we've definitely

5:46

bumped up an employees YouTube uh is no

5:50

longer full-time for me I consider it

5:54

part-time it's sort of the thing that I

5:55

do first thing in the morning although

5:58

sometimes when there's breaking news

5:59

throughout the day I like to go live but

6:01

I really like to do my YouTube work

6:03

between

6:05

4:45 to about 10:00 a.m. and that's

6:08

still pretty good that's still about a

6:09

5H hour day on YouTube and then of

6:11

course there are times when I'm filming

6:13

at other parts of the day and oftentimes

6:15

this is every single day so it still

6:17

works out probably to 35 hours to 40

6:20

hours a week uh for YouTube so uh that's

6:24

something to consider but it does give

6:26

me this freedom to where after say 10:00

6:28

a.m. I focus on other things that we

6:31

have going on so now instead of having a

6:33

side hustle of investing in real estate

6:36

we've got uh two startups which we'll

6:39

sort of reset this page here and we'll

6:41

go through this in a moment and so

6:43

rather than having ideas and focusing on

6:45

a side hustle we're actually starting

6:49

and and running two different businesses

6:51

which is pretty cool so uh really we've

6:53

we've kind of evolved from this 2020 of

6:56

it's mostly just Kevin to hey there are

6:59

a lot of great hardworking people

7:00

working together on on a mission that we

7:04

all believe in I think I really believe

7:05

that if people didn't believe in the

7:08

mission of of what a company is doing

7:10

they wouldn't be there it doesn't make

7:12

sense to stay at a company where where

7:14

where you don't really believe in the

7:15

long-term vision of the company so what

7:18

what what are these startups and do they

7:21

even matter and what do they say uh to

7:25

you well first of all to you I think one

7:27

of the big things we should be thinking

7:28

of is

7:30

you know we we don't want to be like 80

7:32

and kind of like in the end game going

7:36

ah you know what I had a lot of in my

7:38

life I had a lot of ideas you know it

7:43

was just a few days I was at this point

7:45

a couple weeks ago a few weeks ago I

7:47

visited my dad he uh had a hip

7:49

replacement surgery and then he uh had

7:51

to go into like this Recovery Center for

7:53

a couple it was like 11 days and so I

7:56

visited him there and boy I'll tell you

7:58

that is that place is very very

8:01

depressing if you want motivation go to

8:04

one of those recovery centers where it's

8:06

mostly you know people probably 70 plus

8:10

and that's very motivating if uh you

8:13

know when you look at that facility and

8:15

you think this is an area with people

8:18

who have all the experience in the world

8:21

and probably endless ideas unfortunately

8:24

their

8:25

capacity uh is is you know dwindling uh

8:29

to be able to execute on some of those

8:31

ideas so that's that's very depressing

8:34

but then also very encouraging and

8:35

motivating because it certainly makes me

8:37

think I don't want to be endgame and

8:39

think well oh I remember that idea I had

8:43

and I I want to say I remember what I

8:46

did uh to try to fulfill those ideas and

8:49

see uh before we get into the the

8:51

different things that are going on for

8:53

me one of the reasons I always encourage

8:55

people to do a side hustle is because if

8:57

you have this main source of income

9:00

and then you're doing a side hustle well

9:02

what you have is you have a safety net

9:05

if your side hustle fails you can always

9:07

go back to your main source of income

9:09

this could be being a cop it could be

9:11

being a teacher it could be uh you know

9:13

there's nothing wrong with the W2 job in

9:16

fact for the vast majority of people I

9:17

encourage it because what does a W2

9:19

enable you to do it lets you invest in

9:22

real estate uh much easier than if

9:24

you're self-employed uh it lets you uh

9:27

take advantage of of uh a steady income

9:30

and and an ability to plan for your

9:32

future well at the same time you could

9:34

still put money into a side Hustle but

9:36

if the side hustle fails at least you

9:37

have something to fall back on now the

9:40

nice thing about a side hustle is it

9:41

also gives you writeoffs so some of the

9:43

things in your life like your phone bill

9:46

the office in your home some of your car

9:48

some of your other expenses that are

9:50

necessary and ordinary for potentially

9:52

both your W2 job and your side hustle

9:54

might become tax writeoffs that's great

9:57

because now you could save money uh this

9:59

is of course a conversation for you to

10:00

have you with your CPA uh this is not a

10:03

tutorial for your taxes uh but the point

10:05

is this is a great way to fall back

10:08

until of course your side hustle exceeds

10:12

the income of your main hustle and at

10:14

that point you could decide does my side

10:17

hustle become my main hustle and that's

10:21

great that's a fantastic position to

10:23

transition into uh but we don't know

10:26

that side hustles ever will in fact most

10:28

side hustles probably won't they they

10:30

just probably won't and that's okay uh

10:34

but at least there's a chance and what

10:36

do it let you do it lets you take idea

10:39

and execute because there's a chance and

10:42

you again don't want to be in that

10:44

facility when you're 80 going man if

10:47

only I had

10:49

tried that to me is the scariest thing

10:52

ever like I I want to know I played the

10:55

game to its fullest every chance I had

10:58

to do something to buy a property on

11:00

that Monopoly board or or to to you know

11:02

experiment with with a strategy or

11:04

something that I thought would better

11:05

the world uh and and bettering the world

11:08

is also obviously associated with with

11:10

business success money right but that's

11:13

exciting to me see to

11:15

me you have to also think of what's your

11:18

end goal right A lot of people look at

11:21

the end goal and and this is okay

11:22

there's nothing wrong with that they say

11:24

well I I want passive income I want to

11:26

be able to make you know a th000 bucks a

11:29

day doing absolutely nothing and that's

11:31

fine that's fantastic that's great for a

11:34

lot of people I go crazy when I'm not

11:37

doing anything and mostly I like and

11:40

life is very much like this uh but these

11:43

sort of LOLs uh they could either be

11:45

lows or low points like where you get

11:47

setbacks in your life so this could be

11:49

you know you get setback you make a

11:51

mistake you lose money or you just

11:53

mentally feel like burned out or

11:56

depressed it's usually in these moments

11:58

that

12:00

soon you could get really excited as

12:02

long as you keep pushing yourself

12:03

eventually you'll get excited again and

12:06

then it's really easy to build on the

12:07

whole and you get excited about

12:09

something and your goal is that this

12:10

swigle actually ends up trending up so

12:14

as you go through these phases you're

12:16

going through an uptrend of success in

12:19

your life and of course it's never going

12:20

to be a straight line uh if it is you're

12:22

probably U probably not taking as much

12:24

risk as as maybe U otherwise you could

12:28

uh that could potentially minimize your

12:30

downside but could also minimize your

12:32

upside anyway so the goal for me is not

12:37

the dollar sign and I know that's easier

12:39

to say if you've already got dollar

12:40

signs but a dollar sign to

12:44

me really doesn't get you uh what

12:48

ultimately you want which ultimately we

12:51

don't want the dollar sign the dollar

12:54

sign is just a a an ability uh to do

12:57

something else so that would be an

12:59

ability to be free every day you wake up

13:02

like what do I want to do today you know

13:03

what I feel motivated to do something

13:05

okay so money isn't the end goal that

13:08

freedom is the end goal or maybe uh

13:12

experiences are your end goal that's

13:15

great maybe it's uh a house because that

13:19

will make you feel good because you know

13:21

let's call it a house with a view right

13:23

uh you you like looking at the ocean and

13:26

having a a coffee in the morning uh with

13:28

this ocean view you great that's that's

13:30

an idea as well uh maybe money will get

13:33

you more time because you're uh able to

13:37

I don't know buy your own plane or or

13:40

whatever it might be so money is

13:43

generally not the end goal usually the

13:45

end goal is some result like Freedom

13:50

experiences a house that you want or

13:52

time uh and so for me money never became

13:56

or was the end goal mostly because you

13:58

learn this when you study Aristotle uh

14:01

money is just a means to an end

14:02

therefore because it's a means to an end

14:04

it is not an end it is not a good in

14:06

itself so now what I think is really

14:08

cool is that once you've made sort of a

14:11

base level of money whether that's from

14:13

your W2 or your first startup or or your

14:16

first side hustle or whatever you

14:18

actually get to work and that might

14:21

sound crazy but to me it's actually

14:23

freeing for example this morning I woke

14:25

up and said you know what I'm really

14:27

motivated to make an Easter video I'm so

14:29

excited to share this sort of mentality

14:32

that I have uh about goals and and and

14:36

life or success or whatever because

14:38

ultimately I think the best life is a

14:41

life of both failure and success because

14:45

if you only have success well then quite

14:48

frankly don't even bother trying because

14:49

you're just always going to win it's

14:51

kind of like if you're born to like a

14:55

billionaire it probably makes it

14:57

somewhat hard to fail you know what I

14:58

mean

14:59

uh and that somewhat feels depressing I

15:01

don't know what that's like I wasn't

15:03

born to a millionaire you know we we're

15:04

basically bankrupt as a child uh and so

15:07

H being able to switch from failure to

15:09

success not knowing when that's going to

15:11

happen makes it exciting that's what

15:13

makes very life very exciting and then

15:14

of course ideally you have more success

15:16

than you have failure but see what I

15:18

like to do is have the freedom to say

15:20

you know what today I get to work on

15:23

this project whether that's you know the

15:26

YouTube business it's side hustle one

15:28

it's side Hustle too and get really

15:30

motivated on that and then sort of

15:32

context switch between them to me that

15:34

is so exciting because I have these

15:36

little irons in the fire that uh grow

15:41

and we have a wonderful team that helps

15:43

work on growing these so I go and work

15:46

really hard and then I work on the next

15:47

thing really hard and everything's kind

15:48

of growing together and slowly that's

15:50

really fun it's actually somewhat like

15:52

children I see all of these as sort of

15:54

my little babies uh because again I have

15:56

seven children uh you know five of them

15:59

being under 5 months old yeah there's

16:02

there's a long story around that uh made

16:04

a little oopsie let's just say but

16:06

anyway so we've got uh all these babies

16:09

here they have sort of the freedom to

16:10

choose between these but that doesn't

16:12

mean you can't have experience see for

16:14

example yesterday we uh for one of the

16:17

startups we'll I'll explain the house uh

16:20

the various different startups in a

16:21

moment but for example yesterday we were

16:24

in

16:25

Sonoma uh then we were just North of San

16:28

Francisco Isco uh looking at uh another

16:31

city then we were in Palo Alto uh and

16:35

then we were in San Diego and La Hoya

16:39

and so we started the day at about 10:

16:41

and I got back around home at about 9:

16:44

but in between this not only were we

16:47

able to get a lot of work done uh

16:50

various different types of work so I was

16:51

able to spend time with the kids and

16:53

create some YouTube content in the

16:55

morning uh and then of course spend time

16:58

with the kids or sorry spend time with

17:00

the kids in the morning work during the

17:01

day you could still have fun see at the

17:04

end of the day it's about 7:30 we're

17:06

like hey and before we hop on the plane

17:09

again let's go check out the local

17:11

amenities and have a drink for all the

17:14

hard work that we did in the day so you

17:16

can have fun experiences while also

17:19

having the freedom to choose what you

17:20

want to do I didn't have to uh fly to

17:23

all these destinations yesterday didn't

17:25

have to work but dollar sign isn't the

17:27

goal the goal is experiences and the

17:30

freedom to choose I got to do this

17:32

because I wanted to and that's very

17:34

motivating to me okay so uh enough of

17:36

that that uh that that to me is very

17:39

very exciting uh and don't get me wrong

17:42

nice cars and nice houses and things

17:44

like that of course Nice Clothing or

17:45

what all that stuff is cool but

17:48

generally it's what those things enable

17:50

you to do the experiences the people you

17:52

get to spend time with that is most

17:54

exciting so a lot of people now wonder

17:57

okay so what what is me Kevin you always

17:59

talk about all these startups it seems

18:01

like there's there's so much going on

18:03

it's hard to keep track of uh and that's

18:05

okay that's why I wanted to make this

18:06

video in part because there is a lot

18:08

going on so let's break it down and sort

18:11

of just go what what is meet Kevin so if

18:14

we go uh meet Kevin what we really have

18:17

is a few things uh number one we already

18:20

know this yes you're watching it here we

18:22

have YouTube my favorite platform I love

18:24

this I love sharing my ideas on my live

18:26

streams we do our uh called the stock

18:28

Market open live stream every morning at

18:31

5:45 when the market is open that's on

18:33

the market live stream channel so it's

18:35

not on the main Channel sometimes I'm

18:36

live there so make sure you subscribe

18:38

there uh then of course we do the stock

18:40

market open live stream in the mornings

18:43

uh sorry the course member uh open live

18:44

stream and uh that's usually at

18:47

6457 and that's for course members which

18:50

today is Easter so we do have a uh

18:52

coupon code link down below expiring

18:54

Easter and then uh we have a few other

18:58

things so then we have house hack and

19:02

house hack is having a baby so we'll get

19:04

to talk about this baby house hacks baby

19:08

is uh called House hack

19:13

homes which is really

19:16

exciting and uh this video is probably

19:19

not going to be long enough uh we won't

19:20

have enough time to go through all that

19:22

in detail but I'll I'll try in just a

19:23

moment uh then we have a couple other

19:27

babies over here though I'm going to

19:29

sort of just Loop them together under

19:31

this name even though this isn't the

19:33

only name there are a couple entities

19:35

here it's just easier to explain as one

19:38

uh you have stock hack and this is what

19:41

I'm getting all of my licenses for it's

19:43

really stock hack and suac but that

19:45

doesn't so much matter right now and so

19:47

what you have is you have these three

19:48

businesses you have uh YouTube then you

19:52

have house hack and house hack is having

19:54

a baby and then you have stock hack

19:56

which you could say it's having a baby

19:58

as well

19:59

so briefly what are these well this uh

20:03

let's just say I I have this long-term

20:05

vision of creating and this sounds crazy

20:08

and and we're not fundraising for this

20:10

at all but I'm just going to go for the

20:12

crazy argument I think with the company

20:14

that we're building here uh we're going

20:16

to be able to create the new Robin Hood

20:20

sorry Vlad if you're watching I'm coming

20:22

for it and I I I love that I think he's

20:24

a good guy uh but uh I think there are

20:26

Innovations left in finance some really

20:28

really excited about this and uh so I'm

20:31

funding this right now it's very

20:33

exciting then of course we have uh the

20:35

Youtube channel which you know about and

20:37

then we have house hack so house hack

20:40

the easy way to think about these is

20:43

house hack is a business that basically

20:45

tries to stabilize real estate by taking

20:49

wedge deals and turning them into stable

20:51

real estate so I'll give you an example

20:53

we find a foreclosure a short sale a

20:56

moldy house for 4 $50,000 we spent

21:00

$50,000 on renovating it it's worth

21:03

$600,000 okay how can we realize the

21:06

$100,000 difference all house hack wants

21:09

is the $100,000 that's what house Haack

21:11

wants because if we could do that in the

21:13

span of two months we can make way more

21:15

money doing those sort of Cycles than we

21:18

can just holding it forever and waiting

21:20

for appreciation or rental cash flow

21:22

right so house hack's goal is give me

21:25

the 100K we want the difference between

21:28

you know the Arbitrage basically of what

21:30

we paid what we spent to fix it and what

21:33

it's worth okay then there's the baby

21:36

house hack homes and this is basically

21:39

just a vehicle for people to invest in

21:42

the actual appreciation of these

21:46

properties uh and the cash flow the cash

21:49

flow so yeah house Haack is having a

21:52

baby and uh again there are a lot of

21:54

complexities with exactly how this works

21:56

but the the very simple way to think of

21:58

is is here's a baby that wants to find

22:02

good deals and repeat the renovation

22:05

cycle over and over and over and over

22:07

and over again and take the money in the

22:09

meantime ideally every 5 600k you put in

22:11

you get 100K out so if you had a box and

22:14

it's like we put 5 or 600k in we get

22:16

100K out we can do that over and over

22:17

and over again what are we actually

22:19

doing well a we're making a lot of money

22:22

and this sort of company hasn't existed

22:23

before so so we think the valuation of

22:25

this company could be huge uh in long

22:27

term which we're very excited about no

22:28

gu guarantees we are in a fundraise uh

22:30

at house act.com 2024 so I have to be

22:32

careful about what I say Obviously any

22:34

investment comes with risk read the PPM

22:35

not a solicitation blah blah blah okay

22:38

so that's that's my opinion now house

22:41

hack homes is really unique because most

22:43

people who want to invest in real estate

22:45

with sort of a fund or a syndication or

22:49

a real estate investment trust or

22:50

whatever they have to pay a crop load of

22:52

fees uh and these are acquisition fees

22:55

disposition fees construction fees

22:57

renovation fees loan fees Fe Asset

22:59

Management fees it's insane and so what

23:02

we want to do is create zero Fee real

23:06

estate and ideally we want to be able to

23:08

list that on a stock exchange so so you

23:10

can kind of just swipe up and then you

23:13

get cash flow and appreciation with no

23:15

fees you want to sell go like it's a

23:18

free market do whatever you want that's

23:20

really the goal here so how does this

23:22

relate to freedom and ideas and being

23:24

able to do what you want well see I

23:27

believe that there something very

23:29

interesting about failure I think if

23:31

your motivation is money then you'll

23:35

always be sad whereas if your motivation

23:39

is an idea and you fail you actually

23:42

become happy because it makes it harder

23:45

for your competitors to catch up with

23:47

you and it guides you in the right path

23:51

so of course out of a successful idea

23:54

you sort of just poop money which is

23:56

great like money is a byproduct of of a

23:59

successful business whereas if your goal

24:01

is money then you're always sad every

24:03

time you lose you get a parking ticket

24:05

you're sad you know you you you have a

24:07

doctor bill that you didn't want to have

24:09

to pay you get sad Every Little Bill you

24:11

get you just get sad when the reality is

24:14

if if you focus on we are executing on

24:17

something greater than this dollar then

24:19

it makes me very excited and a lot of

24:21

people wonder like Hey Kevin well like

24:23

how how could you possibly have fun with

24:26

all these different ideas that you have

24:28

that seems like a lot of work it is

24:30

don't get me wrong but let's consider

24:32

some of the fun things that we've been

24:34

able to do so we ran for governor in

24:36

California which is really exciting

24:38

that's because of YouTube right we were

24:41

on CNBC we got profiled by the LA Times

24:43

the New York Times although they didn't

24:44

like us very much uh we've got uh uh you

24:47

know to go to New York City and be on

24:49

Fox Business got to go uh to a debate

24:53

stage in Sacramento and debate other

24:55

candidates and be part of polling like

24:58

it was really cool it's an eye-opening

25:01

experience it's really fun so the

25:03

governor campaign was amazing it was it

25:05

was spectacular and that was because of

25:07

YouTube or even just interviewing people

25:10

whether it's Patrick B David Kevin o

25:12

Barbara corkran having a birthday brunch

25:14

with Kathy Wood uh in in Florida and

25:19

then that same day uh having a uh a

25:22

birthday dinner with my wife Lauren like

25:25

that's cool those experiences would not

25:28

be be possible if it weren't for going

25:30

all in right now part of that obviously

25:33

has to do with the fact that I bought a

25:35

plane it's very expensive it was $12.9

25:37

million and what's crazy about the plane

25:40

uh a lot of folks might not recognize

25:42

this but that's okay the plane is

25:44

expensive to operate right so you're

25:45

looking at 129 plus about $2.5 million a

25:48

year to operate a plane what's

25:51

remarkable is that you could have spent

25:54

like $7 million on an old plane and

25:57

gotten a plane that was like like five

25:59

times as large but then your operating

26:01

costs would have been like five a year

26:03

and so it kind of depends on your

26:04

mission profile what you're going for my

26:06

mission profile is closer to the West

26:08

Coast so I don't need as much range I

26:10

like a little more fuel economy lower

26:11

operating cost and I also like newer now

26:14

I I'm not the biggest fan of like like

26:17

buying brand new cars because they

26:18

appreciate more quickly in value but I

26:21

do like newer safety technology just

26:24

because it it's a

26:26

plane okay anyway like I wouldn't have a

26:29

plane I wouldn't have flown in it over

26:31

400 hours last year if I didn't have a

26:34

purpose for it it's like oh you want to

26:36

go retire and sip a my taii I could do

26:38

that now I could do that now while

26:40

operating the businesses now I could

26:42

just have a my taii in any City I want

26:45

the same day and still be home in my own

26:47

bed at night which is really cool uh

26:49

anyway so uh Governor campaign uh the

26:52

interviews the plane ringing the bell at

26:55

the New York Stock Exchange creating the

26:58

the startups uh that we're creating and

27:00

building a team the team building it's

27:02

so much less lonely like it's it's fun

27:05

having a team of of fantastic people

27:07

working with us uh this is very exciting

27:10

now uh I want to be clear that uh for

27:14

house hack house hack just sort of a

27:16

disclaimer yes it is fundraising right

27:18

now house hack.com

27:20

2024 uh you could invest in that if

27:22

you're an accredited investor it is in

27:25

my opinion I think going to be

27:27

phenomenal company once we really cycle

27:29

what we're doing I think the valuation

27:31

will be huge just because the cash flows

27:32

will be huge for the company I obviously

27:34

can't guarantee that this isn't a

27:35

solicitation and all of that could be

27:37

wrong uh house hack homes the little

27:39

baby that it's creating you know

27:41

hopefully in the future we'll be able to

27:42

swipe up hopefully in the future we'll

27:44

be able to bring you these products from

27:46

the stock hack suit hack idea and those

27:48

are future ideas that I could look

27:50

forward to so the other thing that I

27:53

have on top of this which mind you I pay

27:55

for the plane personally right other

27:56

things for you to keep in mind as we

27:57

look forward is uh I I have a lot of

28:01

excitement uh about the future see I'm

28:03

not depressed about the future I'm

28:05

actually excited about the future

28:07

because I want to see my Robin Hood

28:09

competitor win and even if it doesn't

28:12

that's okay nobody else has invested in

28:14

it that's my money right I want to see

28:16

house Haack not only succeed but I want

28:18

to see it become the greatest uh

28:20

stabilization company in in the world we

28:23

can go International with this I not

28:25

only want to see housec succeed though

28:28

uh if house Haack succeeds it probably

28:30

is also going to be in part because

28:31

house Haack homes is succeeding uh the

28:34

baby of house Haack these two uh subsist

28:38

off of each other essentially this is

28:40

great people get to invest here as a

28:42

venture capitalists and creating a

28:44

business people get to invest here for

28:45

having no fee exposure to real estate

28:47

this is huge these are really really big

28:49

Ideas so all of these things to me are

28:53

very very exciting a lot of them really

28:55

come to fruition towards the end of

28:58

24 so I have a very very exciting year

29:02

ahead we're just now knocking on the

29:04

door of uh April 1st this is being

29:06

filmed here March 31st uh we do have an

29:09

event coming up as well which will be

29:11

really fun that's the June 21 to 23

29:14

event you should come to that uh Ben

29:16

Mala will be there it'll be mostly real

29:18

estate Focus but we'll be talking

29:19

Innovation Finance real estate investing

29:22

it'll be a really really cool event in

29:23

Vegas we're about to announce the

29:25

location for that so stay tuned uh but

29:27

the point of of all of this is yeah you

29:30

could just retire and and give up and be

29:33

done but if you retire and give up and

29:35

be done what you're really doing is

29:37

you're just giving yourself the freedom

29:39

to uh have my ties spend time with the

29:44

kids uh you know maybe

29:47

travel and do what you want do what you

29:52

want all right that's sort of what you

29:55

get if you retire but the reality is I

29:58

still get to do that I travel way more

30:03

now that we're operating all these

30:05

different businesses and I kind of need

30:06

the time machine to the plane to be able

30:07

to do it uh I could still spend time

30:10

with my children although five of them

30:12

again they're under 5 months old so

30:14

there's a limit to how much time you can

30:16

really spend with them so I spend more

30:17

time with the eight and

30:18

six-year-old uh mostly because they're

30:20

sleeping all the most of the time the

30:22

the under five-month olds and so I still

30:25

get to pick and do what I want I just

30:27

have more choice

30:28

so a lot of people in uh 2022 for

30:32

example in January of 2022 like oh Kevin

30:35

you know why don't you just you know you

30:37

you did good like why don't you just

30:39

stop it's like why that's not that's not

30:43

fun why would I stop like we got a

30:45

moving train here uh oh but if you keep

30:48

going you might hit some hurdles so so

30:51

what so what if there are bumps or rocks

30:53

in the road I don't care Oh but you

30:56

might lose money making mistakes

30:59

so again the end goal isn't the dollar

31:02

sign if the end goal is quite and this

31:05

is the other thing this is sort of a

31:07

place to end it on if the end goal is

31:10

this uh my taii uh is it spelled like

31:13

that or is a tii it might be tii because

31:16

it's more Hawaiian anyway my tie ER

31:21

Beach

31:22

time Freedom you know if that's sort of

31:25

the end goal well you could literally

31:28

try your heart out on everything go

31:33

BK and after you go BK Live Well beneath

31:38

your means have a regular job maybe

31:41

you're working 30 hours a week if you're

31:43

living well beneath your means and you

31:46

could still be hanging out on the beach

31:48

with plenty of time and plenty of

31:49

freedom and plenty of my ti like all of

31:51

that is still possible post BK but it's

31:53

also possible pre BK and you might never

31:55

go BK in fact you could end up creating

31:57

something

31:58

substantially more desirable uh and

32:01

freeing uh than just this so I don't

32:05

know hopefully that's motivating for you

32:07

it is for me a lot of people have been

32:08

asking me to make a video like this so I

32:10

did here it is thanks so much good luck

32:12

goodbye so now we're at the end of the

32:14

video what

32:16

was the one thing now it may not have

32:19

been entirely clear because we really

32:22

went through a weave a th a sort of like

32:26

Patchwork of many different forms of

32:28

psychology the purpose of your employees

32:32

the purpose of your company the

32:34

believing in what you're doing the

32:36

Innovation the changing your mindset on

32:39

the fear of failure what was the one

32:41

thing that ties all of this together

32:44

that is your

32:46

employees purpose

32:49

changing how you feel about

32:52

failure accepting that even if all fails

32:56

in the event of let's say a horrible BK

32:59

really your true end goal that everybody

33:02

really wants sipping those my Ties on

33:04

the beach can be had then or now but

33:07

what you want to recoil against and

33:09

we'll write bankruptcy versus that uh

33:14

dare I say home that Rehabilitation

33:18

facility full of

33:20

unexecuted ideas so ideas versus action

33:26

there's one thing that ties all of the

33:28

concepts of this video together

33:31

everything comes down to one thing and

33:36

that one thing very

33:38

simple when you change the end

33:43

goal

33:45

from money

33:48

to

33:50

action you will stop letting failure

33:53

affect you purpose will Define your

33:56

action you'll know what to do you'll

33:58

stop letting that stupid bill or that

34:00

invoice or that broken Tire or broken

34:02

down car or fix up that you have to do

34:04

in the house or that land lord who

34:06

scammed you or whatever you'll stop

34:07

letting those pains hurt you and instead

34:10

you'll focus on that long-term future

34:12

you are acting on your ideas your

34:14

Visions your potential you have the

34:16

freedom to choose what you want to do

34:19

yeah even if you've got a W2 job you've

34:21

got 40 hours a week that you spend on

34:23

that W2 job how many hours do you have

34:26

in a week after you sleep somewhere

34:28

between 110 and 120 hours depending on

34:30

how much you sleep you've got a lot of

34:32

extra time what are you doing with that

34:34

time and when you're driven by action

34:36

and not money you will fill this with

34:38

the most purpose filling life ever

34:41

whether that is a a life of experience a

34:44

fun of of trial of error of success and

34:47

failure it is one that is driven by

34:49

action not money if you're driven by

34:52

money you will almost always fail if

34:54

you're driven by action and actually

34:56

fulfilling your ideas and your vision

34:58

and what you want to do you will live

35:00

the most free life ever

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