In this episode, I sit down with my good friend Gary Vaynerchuck to talk about his journey as a motivational speaker and how he balances it with his day to day life as a father, husband, and business owner. We talk about how to balance it all and how important it is to be intentional with what you do and how to make the most out of it. I think a lot of you will get a lot out of this episode and I can't wait to do it again! Tweet me and let me know what you thought in the comments section below! Timestamps: 3:00 - How do you balance being a dad and being a business owner? 4:30 - How to balance the two 6:15 - What does it take to be a successful motivational speaker 7 - How I balance it with my life 8:00 - How much money I make 9 - How often do I do motivational speeches 10 - What do I go to bed at night 11:20 - Why I don t do motivational speaking 12:40 - What s my favorite part of the job 13:30 14:40 15:00 | How I make money 16:30 | How to make a dollar 17:15 | What s your favorite thing to do 18:40 | What do you do to make money? 19:20 | How does it bring value to others 21:00 // 22:00 / 22: What are you looking for ? 23: What is your biggest takeaway from this week 26:00/27:30 // 27: How to sell other people 27:00 @ what do you make money outside of your passion & 27:10 28:30 / 28:00 & 29:30 @ what are you want to do next? & 30:00 +33:00 Is it a good thing 35:00 Can you give value to other people? 32:00 What s a good day? ? 35:10 / 35:30/36: How can I make a better day 36: Is it possible to have a dollar outside of the other person make a $1,000,000 33:00 Are you a dollar more than a dollar? +34:00 Do you need to be smart about it?
00:00:33.000You know, it's funny, I spent the three years, for the last year I've been okay with it, but the three years prior to that, I specifically didn't want to be a motivational speaker.
00:00:46.000I was selfish in deciding that I just didn't want to be that, that I was more proud, in my own mind, of being an entrepreneur business builder who happened to have entrepreneurial tendencies, and I feel like the motivational speaker thing,
00:01:02.000by percentages, can get a little ugly, gets a little kind of hollow, can get a little spammy, And for my own mind, the way I had it in my brand was I suppressed and stopped putting out the content that I would tell my boys and my internal employees,
00:01:18.000but for the last year I embraced it a little more and so, you know, it's got a place, you know, I mean, you can't, and I know you feel this because as soon as you announced it too, I got so many emails and tweets and DMs of the same thing.
00:01:32.000If you're lucky enough that some way The way you communicate brings value to others.
00:02:05.000I just don't think anybody does it better.
00:02:07.000Like when you give motivational speeches?
00:02:10.000They're usually business talks, but I'm so rah-rah that it takes, you know, I feel like I'm a defensive coordinator that's giving you the plays.
00:02:19.000But I'm gonna give it to you like, we can do this, let's rip their necks out of their body.
00:02:23.000And so, when I'm up there, that and the YouTube videos and things of that nature, that's the majority of what people see of me.
00:03:30.000I'm a businessman so I talk about business content.
00:03:32.000It's not just finding your inner peace.
00:03:35.000What scares the shit out of me is everybody who fucking says that they're a business coach and they've never made a fucking dollar outside of selling other people how to make a dollar and that whole scheme is basically sell other people on how to make a dollar.
00:03:51.000So I just don't want to go down that path and I think I can look the part very quickly and that's why I suppressed it for a little while but then in the last three or four years I've built a very large agency, a media agency and so I think I felt good that I went and executed again just like I did when I built the wine business so I filled that bucket of building another big business which makes me feel more comfortable to go out and do the content and being out there.
00:04:16.000Well, there's definitely value in giving people motivation.
00:04:19.000There's definitely value that other people get from it.
00:04:22.000It's a real positive thing, and there's ripples that come off of that.
00:04:25.000And I feel like I gain a lot from a lot of people that are motivational.
00:04:36.000Find out who's a real health expert and who's a bullshit artist that has sort of compiled and remembered a bunch of things that other health experts have actually studied and done research on.
00:04:50.000It's headline reading versus practitionership.
00:04:53.000And I couldn't even imagine what you guys are dealing with.
00:04:55.000Being at the top of the sphere of this important medium, you must get bombarded and it takes work.
00:05:01.000I've been able to navigate who I want to fuck with and have drinks with and who I stay away from.
00:05:08.000Because it can look the part and you gotta dig and you know this, there's people that you actually respect Who haven't done the work and are lazy about putting somebody else on?
00:05:18.000And they're like, yeah, that's a good guy, but they're not.
00:05:39.000This is an amazing time, though, to get a message out there and to motivate people and to show people that there's something positive, not just in being inspired, but in inspiring others.
00:05:51.000Yeah, I mean, listen, you know, the communication infrastructure of society is incredibly interesting right now.
00:06:18.000Like, the reason a dictator When they're creating a coup d'etat, wants to take control of the media, is because people go with what the media's telling them.
00:06:26.000And so, yeah, I mean, I think it's imperatively important to try to navigate and distinguish yourselves.
00:06:34.000To me, I'm saying this quite a bit lately, which is, if you're feeling good right now, like, for example, I am.
00:06:53.000And, you know, what you were saying about the media being powerful, I mean, the most powerful thing about it is everyone has access to it now.
00:07:02.000There's nothing keeping anyone from starting an Instagram page and just putting up little videos every day of how they feel and how they think.
00:07:09.000And it might only affect one person, it might affect a thousand people, it might get to a million people, and it builds.
00:07:15.000And what happens, Joe, is I think people look at this in a cynical way.
00:07:57.000And it's one famous person away from retweeting it to getting the foundation.
00:08:02.000That's the match that can start your infrastructure.
00:08:05.000Not only is it in play, but if you have opinions on sports, you could start your own podcast and it just builds and it could be massive and bigger than anything on the radio because it's such a superior medium.
00:08:16.000People forget that blogging was a precursor to this.
00:08:19.000I mean, where do you think Bill Simmons came from?
00:08:27.000YouTube came out, it was five months old, and I'm like, this thing's gonna be big, and I decided to sit in front of a table, drink four bottles of wine for 20 minutes, and it was good enough that a lot of people wanted to watch it.
00:08:39.000If you want to take it all the way back, I was born in Belarus in the former Soviet Union.
00:08:44.000So I have a very immigrant story, came to the States in 78, lived in a studio apartment half the size of this studio with eight family members, real immigrant shit.
00:08:54.000My dad got a job as a stock boy in a liquor store for two bucks an hour in New Jersey.
00:08:59.000Became the manager of that store eventually, you know, that immigrant thing, just work every hour.
00:09:22.000And then I'm 41, baseball cards were like the thing in 87, 88, 89, 90, that was culture.
00:09:29.000And I became a baseball card dealer and I was making two, three thousand dollars a weekend selling baseball cards in the malls of New Jersey.
00:09:35.000Then my dad owned a small liquor store eventually in Springfield, New Jersey, dragged my ass in.
00:09:40.000I hated it, but around 16 I realized people collected wine that was connected to what I liked, which was collecting baseball cards and football cards.
00:09:48.000And I, at 16 years old, spent every minute of my life trying to become the foremost expert in wine.
00:09:54.000I would go into science class junior year and not give a fuck about Saturn and would just sit there and read the Wine Spectator and decide I was gonna be the greatest wine retailer of all time.
00:10:04.000Heard the internet in 94, in a dorm room, playing Madden 94. My friend came in, he's like, you gotta see this.
00:10:10.000Went to a room, heard, that whole thing.
00:10:16.000And 15 minutes in, was on a bulletin board, and seeing that people were selling wine, and decided that I would launch a wine website.
00:10:24.000And in 1996, I launched one of the first e-commerce wine businesses in America.
00:10:29.000And so then in 98 I came home full time and from 98 to 2003 in that five year window I built my dad's business from a three to a 60 million dollar business on the back of email marketing, Google AdWords, and just having a website.
00:10:43.000And that became my first foray into using technology to grow very quickly.
00:10:48.000So do you sell wine through that website?
00:11:10.000Every one of those people are a straight douchebag.
00:11:12.000Anybody that's really into wine thinks like it's some magical information that they impose on others and they become a straight dick.
00:11:19.000Since I knew so much about wine, I was like, you know what, I'm gonna take this away from all those assholes.
00:11:24.000So I started a YouTube show and I started comparing the wines to like Hillbilly Jim's like, you know, like boot and like, you know, like racquetballs and like the gum out of a Topps pack.
00:11:35.000All the stuff it actually tastes like and it democratized wine and it was a good thing because wine should not be on a pedestal.
00:14:00.000When I walk in my office floor and everybody's got headphones on and there's no sound, I freak my shit and like poke somebody and say like blast your Spotify or iTunes.
00:14:37.000Post, reply, DM. I'm an action junkie, and luckily I haven't deployed that against drugs or a little gambling early on, but I've gotten away from it.
00:14:48.000I can't win enough to get me excited, and I can lose and get pissed, so I finally won that game.
00:14:52.000Were you gambling like Vegas gambling or sports?
00:15:01.000Like I would just decide like putting like $500 on the number five because like fuck if I hit this like you know just like dumb shit like I'm gonna win $18,000.
00:15:09.000I go to Vegas so much for the UFC. I don't gamble at all.
00:15:24.000The only time I've ever really made money gambling was when I knew up and coming pitchers were coming up and that's how they really run it and that's where I've made my biggest arbitrage.
00:15:33.000It's hard to make money on fighting, too.
00:15:35.000When I used to gamble, when I first started working for the UFC, I'd still bet on fights.
00:15:39.000And then I thought about it for a while, and I was like, I'm probably not supposed to do this.
00:17:02.000And it's a really weird place because it's not a large place, but there's a bunch of killers that come out of this one spot, and this guy's like the main killer.
00:17:11.000And so they're planning on doing a big UFC in Russia, and if this guy's fighting in Russia, it's going to be fucking bonkers.
00:17:18.000You know, it's like that's a big deal, like Conor McGregor in Ireland, and you know, it's a big deal to fight in your country.
00:18:46.000And last time I heard, he was somewhere in the Midwest where pool is always connected to gambling, and it does better in places where there's not as much to do.
00:18:57.000Right, not as many options for gambling.
00:18:59.000Although Manhattan is like a good spot for pool.
00:19:46.000But I definitely am a big, big fan of pattern recognition.
00:19:50.000To me, everything just happens over and over and over again.
00:19:54.000You just have to understand the historic.
00:19:55.000So for example, my great thesis right now where I think all the money is going to be made.
00:20:00.000This is the television and that is the radio.
00:20:04.000So you're pointing to your phone is the television and the TV is the radio.
00:20:07.000And it's 1948 to 1957, meaning we're going from a primary, as a society in the US, the primary device in our lives is switching from the television to the phone.
00:20:18.000The same thing that happened in the late 40s and early 50s from the radio to the television.
00:20:21.000If you go back and understand the brands, the media companies, the personalities, what happened in that decade, then you can start making bets on understanding, oh wait a minute, if the phone's the television, Then Facebook and Twitter and Instagram or ABC,
00:20:37.000NBC and CBS, shouldn't I become Bob Hope and Lucille Ball?
00:20:42.000Because if you go back and read, a lot of the radio stars didn't go to television because they disrespected the medium.
00:20:51.000So I would tell you, I asked you this before we went on, I was fascinated because I know you've been really a pioneer in this, an early dude.
00:20:57.000You went to podcasting, and I'm sure now everybody's like, oh my god, can I be on your show?
00:21:03.000But when you first started it, it didn't have the brand as a platform it has now.
00:21:09.000I'm sure plenty of people were snickering at it, or what does it mean?
00:22:23.000But I mean, it's really amazing in that respect that there's no corporate, and like when you get to these kind of numbers, usually you'd be in some giant building somewhere, and there'd be a gang of people involved, and they'd have meetings, and after the show meetings.
00:22:52.000And it's like there's nothing going on like corporate.
00:22:55.000What's amazing is it allows the talent to rise to the top.
00:22:59.000Well, it also allows people to be themselves, which is what allows the talent to rise to the top, or allows the...
00:23:05.000I didn't even say the word talent, but allows content to find its way in a pure manner, where it's not...
00:23:13.000Like, if you have a bunch of people influencing what you do, as soon as you start compromising, and as soon as you start compromising, you just can't...
00:23:20.000It's never going to get through the right way.
00:23:22.000Like, one of the beautiful things about stand-up and one of the beautiful things about podcasting is that, like, if you go to see a guy like Bill Burr, His Netflix special is out right now, ladies and gentlemen.
00:23:51.000The internet is, we take it for granted, it's really fundamentally only 22, 21 years old.
00:23:58.000Windows 95 really kind of put normal people on it.
00:24:02.000It is the great shift in our society, and I think we haven't fully quantified its impact across the board.
00:24:09.000Well, if you think about 20 years and what a short period of time that is in human history, and if we go a hundred years from now and look back, they will look at this like this great explosion of content and creativity and expansion and integration, this integration of thoughts and ideas and the instantaneous ability to communicate that's just never existed before.
00:26:35.000I never get the full value out of products because I don't even have the time to read.
00:26:39.000That's actually probably good because that means that a product has to be really, really good to impress you because it becomes so easy to use.
00:27:44.000And accurate enough that I could realize what I'm saying, like even if it fucks up a word or something like that, I can go back and look at it.
00:27:53.000But I think it's the 2.0 of that, right?
00:27:56.000Where things are actually happening because of your voice.
00:27:58.000So, we could talk right now, and this fucking thing is gonna be able to pick up a good 99% of everything we're saying, and I'm not even touching it.
00:28:13.000So to me where it gets really exciting is when everything around you is being at, so when everything becomes smart, then it starts getting really interesting.
00:28:23.000But what happens when your belt is smart and now all of a sudden you go to order a Big Mac and you try to pay with your phone but your belt's talking to your phone and when you go to pay it declines and it looks at you and says, order a salad, fat ass.
00:28:39.000Your belt is telling you it's tightened.
00:30:13.000Yeah, I mean, it seems like probably I bet less people are in committed relationships now because it's just a fuck rampage out there in the streets.
00:34:42.000Yeah, I mean, they're jumping in head first.
00:34:44.000So it starts with celebrity, then it goes to the affluent, and then it goes to the middle class.
00:34:47.000Well, yeah, the amount of money that it costs to do something like that has got to be in the hundreds of thousands of dollars, because she's had some really extensive stuff done.
00:34:55.000I mean, you just didn't see that when we were kids.
00:36:48.000Yeah, well, we're gonna morph, because vaginas are gonna have to change to deal with the size of the dick, because dudes are gonna have carpet roll cocks.
00:37:43.000Oh, well Tumblr at one point in time became like really tormented social justice warriors making bizarre blogs that are very difficult for you to understand.
00:37:52.000On that note though, it was a very creative space.
00:38:56.000The second they got it, they pumped the shit out of their X-Men movie that they owned into the platform.
00:39:01.000Because the economics of the movie were greater than the investment they thought, and so they were milking it, right?
00:39:06.000Oh, so they bothered people with spam.
00:39:07.000So it's like somebody buying this and just pumping ungodly amounts of whatever products they thought your audience read it into the point where they just saturated it.
00:39:16.000Isn't it weird how something gets a stink on it and then that's kind of it?
00:39:19.000No one wants to come along and try to revamp Myspace.
00:39:23.000So that's another interesting insight.
00:39:25.000One of the things that I'm dying to know in a 15-year window is will there ever be a recall?
00:39:50.000Tumblr in nine years for $40, aka $11 million, and just make enough on t-shirts to the kids when they're 40 that are now 25 that were 15-year-olds doing all those weird sites because they're like, yeah, Tumblr was the best.
00:40:05.000Well, you got a good point because Jamie and I were looking the other day at all the Netflix shows, like what's most popular.
00:40:10.000Fuller House is the most popular show.
00:40:49.000Mug root beer or animal crackers or Cracker Jacks or Rainbow Pops.
00:40:55.000I'm gonna buy a brand and then market it like it's 2020 instead of the horseshit TV commercials and fucking billboards and print and all the bullshit that these companies do.
00:41:06.000And then I'm gonna buy it for $130 million, do my thing, and then resell it for $2.3 billion, buy the Jets, win Super Bowls, and then I can die.
00:42:40.000Tell me something that won't let me die, and that I will definitely do.
00:42:44.000Well, not only will it not let you die, which it's entirely possible that it's going to extend your life, but more importantly, it'll give you more energy while you're alive now, which makes it fascinating because you're going to be able to do things.
00:44:56.000The first guy, Mike is like, it was interesting, he wasn't saying do steroids, but it was interesting to hear a perspective of like, I've been fascinated by the steroid conversation in general.
00:45:06.000Like, I think certain things become taboo and then they don't.
00:45:35.000When you do steroids and you're a young person and you have a healthy endocrine system, what happens is you inject exogenous steroids or exogenous testosterone into your system, it shuts down your natural production of testosterone, and then you're fucked.
00:45:50.000Because then when you get off the steroids, your body doesn't work right.
00:45:54.000Your testicles aren't functioning correctly, and it takes you roughly, depending on the person, and depending on how you treat it, like what treatments you use to kickstart your endocrine system again, half the time you're on the steroids to recover.
00:46:07.000So if you did a two-month cycle, for one month you're going to be miserable and your dick's not going to work.
00:46:51.000You don't want to go fucking hog wild and take some Anadrol 50 and turn into a fucking gorilla.
00:46:56.000You don't want to do that because it's too much of a shock to your system.
00:46:59.000However, when you're in your 40s, like you are, then testosterone replacement therapy becomes a very viable alternative because your body is just simply not producing testosterone correctly.
00:48:14.000But more important than steroids is balancing your diet out.
00:48:18.000Making sure your nutrient levels are all consistent, they're all healthy, that you have the proper amount of vitamin B, vitamin D, all these different essential nutrients, essential fatty acids, all the proper amino acids.
00:49:14.000Now I have a four year old guy, Xander, my little guy, he's got a weird condition.
00:49:20.000When he picks up the basketball, he starts kind of weirdly crying because he knows dad's going to come out of somewhere and block the fucking shit out of him.
00:49:27.000And so I posted this thing about it today on Instagram, and it was funny to watch everybody.
00:49:32.000I mean, everybody's in these fucking eighth place trophies.
00:49:36.000Like, all this fucking infrastructure of fake fucking self-esteem, and then these kids go into the market, and they get punched in the mouth, and they don't know what to do.
00:49:43.000So you don't let your kids score on you either?
00:51:42.000And she'll just tee off on me, so it gets her used to doing it.
00:51:46.000If I, like, every time she went to do that, I checked it, and I hurt her shin, or I punched her in the face, well then she's gonna have this mental block in her head that she's not gonna be able to overcome.
00:51:56.000One day, she's gonna get to a point where I can light spar with her.
00:52:01.000She's not there yet, but maybe she'll get there somewhere.
00:52:03.000I do think certain games play out differently.
00:52:25.000If a man is doing jujitsu with a girl, if you're going full blast, you're not getting anything out of it either.
00:52:32.000So what I do is if I'm sparring with a girl, I pretend that I'm only as strong as them.
00:52:37.000So if they're pushing against me, instead of going, get the fuck out of here, and just locking down and giving them the full chimpanzee strength, I give.
00:53:30.000What I mean by that thing is if I... I'm either going to go in there and not let the guy score, or what would have mostly likely happened is I wouldn't go in the ring, whatever that ring is, at all in the first place.
00:55:28.000Good job by clarifying, because I think that's where I think we're at as well.
00:55:30.000I think there's a significant legal hurdle to overcome with the UFC, and they might not overcome that, depending on how they play that card.
00:55:40.000McGregor has publicly stated that he believes because of the Ali Act, he can compete in boxing and not do it with the UFC. But he wants everything to be smooth, so he would rather have the UFC involved.
00:55:52.000But he also wants the UFC to recognize what he says is their place.
00:55:56.000So there's Mayweather Productions, the UFC, and McGregor Productions.
00:56:04.000He's going to be a partner in the promotion, and so there's going to be some sort of a negotiation for how things are split up in three ways.
00:56:11.000And then the question becomes, can they work that out?
00:56:16.000Okay, if they can work that out, then it becomes a question of...
00:56:20.000Should they do it, and will it be competitive, and is it good for their brand?
00:56:24.000And that's where they might have a debate on this.
00:56:26.000I think what's going to end up happening is the economics are going to be so big that it's going to override the brand play.
00:57:42.000Whereas, I don't know MMA, not even remotely close to you, and not enough to be dangerous here, but from what I understand, I've done a little homework, he doesn't have a lot of great natural fights.
01:02:27.000So I talk about stuff that most people think is coming and I think it's actually here and they don't think it's real and they think I'm a futurist or a disruptor and so I'll go and talk about Instagram and why I think people can go from zero to 100 million in their business in seven years or from zero to 100,000 a year.
01:02:47.000So the amount of people listening right now that are making $81,000 a year doing something they hate.
01:02:54.000That could make $80,000 a year on Instagram either selling something or slowly but surely building their brand and then doing content deals is staggeringly practical.
01:03:05.000How do people make money on Instagram?
01:03:12.000The way people make money is always the same.
01:03:15.000So I would argue you do make money because you're using a chess move instead of transacting just on that platform.
01:03:22.000That is a platform where you create reach and awareness that drives towards things of this nature and then you either Sell advertising or get into business development where you have pieces of equity in businesses that you build through the attention.
01:03:38.000So either you're doing commercials or you're doing step two, which is you're building brand.
01:03:42.000So one thing I've never done is I've never been paid ever for a piece of content I put out on social, which is the majority of how people get paid.
01:03:50.000But I get paid $100,000 to give a speech.
01:03:54.000And I've done that because of the attention and awareness that I've been able to build on those platforms.
01:04:09.000Right now, I'm obsessed with people buying and selling shit.
01:04:12.000I don't know if you know this, but it is scary.
01:04:16.000Scary how much money can be made if you go to thrift stores and marshals and dollar stores and garage sales and flip shit on Craigslist, eBay, Letka.
01:04:37.000Now that you have a phone and you get the eBay app and you just scan shit, it's not even vintage clothes, which is like the thing most people listening think makes sense.
01:04:45.000It's fucking every single thing on earth.
01:04:48.000Every single person right now that's listening, that needs $5,000, it's in your fucking house.
01:05:14.000Hundreds of emails a week of people like, holy shit, I was on fucking welfare, I have college loans, I wanted to take my family on a vacation, and it was the fucking fourth pair of shoes in my closet that I didn't have.
01:05:25.000Or, people that are not as fortunate, maybe really don't have a lot of stuff in their home, they were just going to dollar stores or thrift stores, scanning with the eBay app, and one guy found, some guy just bought like 80,000 fucking American apparel t-shirts for 49 cents and is like selling them for like 16 bucks on eBay.
01:05:43.000The flip, man, I'm telling you, the reason I'm saying this right now is I want somebody to leave with something tangible from this interview for themselves.
01:05:49.000The flip, like all this fucking tchotchka shit here, like I'm looking, yeah, I'm like looking, I'm like that Biggie thing's probably 11, and this fucking Buddha thing.
01:05:59.000It probably is, you know, but like, you know what I mean?
01:06:01.000It's PlastiCell, that guy makes those, he actually sculpts them, and then makes a mold of the sculpture, and then sends them out, they're dope.
01:06:09.000And the sunglasses actually come off of Biggie, look at that.
01:06:31.000Because you have to understand, because of the content I put out, I get asked a thousand times a week through social DMs, email, live streams, how do I start?
01:06:45.000You're not raising money from venture capitalists.
01:06:49.00098.9% of the people are not raising money from venture capitalists.
01:06:53.000You're not inventing the next Instagram.
01:06:56.000Let's get a lot more fucking practical and start learning how to actually make money and then take that money and if you want to go build an app with that money, mazel tov, but learn how to actually make the money and the flip thing has been, I've been putting out business content for a long time,
01:07:12.000it's been the one thing that I'm watching people actually pull off.
01:09:56.000Come to the top on my content that's really also helping people is self-awareness.
01:10:00.000One thing I'm enjoying listening to you, I'm like, this guy really like, just like martial art, it's been really interesting.
01:10:06.000I'm sitting here kind of thinking, I'm like, wow, there's some real self-awareness going on here.
01:10:11.000And even just thinking about you now saying that, I wish I could figure out, forget about a drug to make your dick bigger, if I could give somebody a pill that would allow them to deploy self-awareness, the amount of happiness that would be going on in this world would be tremendous.
01:10:47.000The amount of people That when they do that, and fail, decide to spend all their fucking time on pondering and blaming is unbelievably high.
01:10:58.000Well, that's just a problem with the way their mind is structured.
01:12:11.000Damien Maia is a specialist in a completely different way.
01:12:14.000He's one of the top welterweight contenders, probably number one now, next to Wonderboy, who's going to be fighting for a rematch of the title.
01:12:20.000But Damien Maia is a pure jiu-jitsu specialist.
01:12:23.000His striking is only to get close enough to you to grab you, drag you to the ground, strangle you.
01:12:28.000And in that way, a lot of what he is is a throwback.
01:12:31.000But his jiu-jitsu skill is so elite that everyone else who goes to the ground with him, even guys like Carlos Condit, who's a former world champion, really high-level guy, just gets smushed like a bug and strangled.
01:14:05.000Dropped back down to 175 again to fight Tarver and looked like shit.
01:14:09.000Had a really hard time making the weight, and I think, also, you look at his body, it was smooth, his muscle tone was different, it didn't look the same, and I think a lot of that is his endocrine system potentially suffering from the steroids, like taking steroids and then the crash.
01:14:26.000But all my years of seeing people do the same thing, seeing people take steroids or take anything, any anabolic enhancements, and then dropping down and getting off of them again, you've seen flat.
01:16:10.000It was the growth that they were feeling 40 and 50-year-olds that were just starting, just like Facebook back in 2010-11.
01:16:17.000They just started getting your aunt that wanted to act like she was in it starting to download and then the network effect because her aunt has a friend and that's what happens.
01:16:25.000It stopped that and that is the concern that Snapchat has which is it wants to be at full scale because that's how you justify a $20 billion valuation which is what it wants to go IPO at.
01:16:38.000I think Snapchat's big thing is the filters, like the zombie filter and the rainbow throw up, all that stuff.
01:18:12.000And it started by a very young entrepreneur who's way cooler than the majority of entrepreneurs that we've seen before build these products, just in life.
01:19:13.000For content and how much people are paying attention to the newsfeed, but definitely from a conversation standpoint, there's nothing close.
01:19:19.000So for example, when this airs, that's where I'll go and engage with people, because a lot of people have never heard of me before that listen to this, and I'll respond to those feedbacks much more there than anyone else.
01:20:43.000They're going to be sitting in a warehouse somewhere.
01:20:45.000Gary B. is going to be, I made a mistake.
01:20:47.000I made a mistake for the TV. I'm going to say, and in this keynote, look at this great clip from 2017 when I fully predicted the Facebook TV. Why would they get involved in selling TVs?
01:20:58.000What would be different than their TV? Because when you own the hardware, you own the action.
01:21:02.000Right, but why would anybody buy that when you could do like a little Google Chrome thing that sticks right into a USB port and just shoot it right from your Android phone and instantaneously goes to your TV? If you make the best product, everybody has permission to play in anybody's space.
01:21:15.000So if you make the best TV? Sony had no permission to go in the video game space until they made the fucking PlayStation.
01:21:25.000Like, Netflix wasn't supposed to produce the best original content.
01:21:29.000Right, but that's a difference, right?
01:21:30.000Like, there's a platform, if you're selling a console that makes video games, then you have to hire a bunch of people to make games for that, or, you know...
01:21:52.000They created a platform and people built for it.
01:21:54.000And when you have the kind of money that Facebook has, Facebook can go out and buy the number four TV manufacturer, steal two people from Samsung, and they're in the fucking game.
01:22:02.000Right, but everybody already has a TV. Getting them to buy a Facebook TV. Yeah, but one more time, and you know this, Joe.
01:27:20.000The problem with that, a lot of times, is I feel bad for those from Ronda, right?
01:27:25.000Like, the drop-off is so extreme when you get to become a cultural icon.
01:27:30.000Yeah, but her she's a real weird case because she's essentially done So you got to wonder like her mindset when she was winning was this mindset of a destroyer She would go in there and smash these girls and she was all in but then she got wooed by Hollywood and all the distractions and movies and TV shows and all that nonsense and then Bought into a bad strategy against one of the best strikers
01:28:00.000in the sport and fought the absolute worst way she could have fought against that elite striker and got fucked up.
01:28:08.000And once she got fucked up, man, the wheels came off She takes a whole year off and then comes back again and just gets annihilated.
01:29:06.000I've been more fascinated from afar, and I'm not as deep into sport, and you can correct me if I'm wrong, but there is an absolute different level because the way the sport...
01:29:15.000Is structured, there's an acceptance by the fan base of the loss in this sport that I think is very different than boxing.
01:29:42.000Most people at the top have lost a couple of times.
01:29:45.000What Conor showed when he lost, he showed the ability to regroup, take it on the chin like a fucking man, make no excuses whatsoever, and jump right back in and win.
01:29:57.000He's a phenomenal individual in his ability to visualize things, his belief in himself is just unflappable, and his incredible confidence and ability to operate under pressure.
01:30:11.000That's the big thing, is being dwarfed by the moment.
01:30:14.000Being dwarfed by the moment happens so many times.
01:33:48.000Yeah, once you become a human, then, even then, the odds of being fortunate to have good health, fortunate to not have the fuck beat out of you by your parents, or being in foster care with abusive people, or a million different factors.
01:34:03.000You're going down the path that I think about on a daily basis.
01:34:07.000I also had the misfortune of three of my four grandparents dying before I knew them.
01:34:11.000Because everybody died in Russia in their 50s because everybody was fucking miserable from communism.
01:34:16.000So I haven't had a whole lot of death in my family.
01:34:25.000It's really good and you know what and you can extend that gratitude like there's a lot of people that woe is me But god damn it if you just need to look at look at it in a balanced perspective There are people in parts of the world that would fucking literally kill to be in any position That anyone listening to this who is woe is me right now.
01:34:44.000You know what the problem with woe is me?
01:34:46.000Nobody's fucking listening My friends, let me tell you who's listening to you complain.
01:34:50.000Either the two or three people that kind of have to because they're your parents or your other fucking losing friends.
01:36:16.000I want to build one of the most successful business things ever, and I want to do it in a way that I treated my employees and my business partners in a honey manner.
01:36:33.000I was super pissed when Steve Jobs was the icon in Silicon Valley and all my young friends started becoming dicks to their employees because they thought they were getting more out of their employees.
01:36:41.000Yeah, that always disturbed me about him too.
01:37:44.000Right, but what he wanted to do was create something unbelievably powerful and he had this super vision of it and he wanted everybody else to share that vision but not really necessarily sharing the rewards of it.
01:38:06.000The bottom line is, he impacted an entire generation of young 25-year-old Silicon Valley CEOs who weren't smart enough and decided just to be assholes across the board for like two years there and it really sucked.
01:38:43.000It was kind of like Hip Hop 85. Like I would go to these meetings, I would be in San Francisco, I would hang out with them, and I just fucking knew.
01:38:49.000I even have videos in 2009 like saying this shit.
01:38:52.000I was like, these are going to be the fucking fucking characters that are going to be the next icons of the world because they're building the products that everybody's going to pay attention to.
01:39:00.000And there was just a lot of things going on.
01:39:03.000Like these kids really just wanted to save the world.
01:39:07.000Let's make the world better with technology.
01:39:09.000Then you start having assholes like me come in who had commerce ambition.
01:39:13.000And I'm like, yes, you saved the world, but let me own 10% of the company while you save the world.
01:39:19.000And then you had the worst wave, which was the people who blindly just thought because they were 22 and wore a hoodie that they were going to invent the next Facebook.
01:42:31.000Your IQ can get a little bit better, but don't worry about the incremental.
01:42:35.000Figure out what fucking puts you on fire and you're halfway decent at.
01:42:39.000If you're lucky enough right now to be listening and you're good at what you like, become tunnel fucking vision.
01:42:47.000Because there's way too many voices telling you what and how.
01:42:50.000And here's the other thing, and this is the big one, because you have a humongous audience.
01:42:54.000The biggest thing that I've seen dividends from, have the conversation with the person that's holding you back.
01:43:00.000The reason most people who are listening right now are not doing that thing is they're worried about the opinion of somebody, usually their mother.
01:43:08.000Usually their father and the reality is that your spouse may be the person holding you back and you have to have that conversation.