00:07:27.360And the average salary that a University of Pennsylvania, arguably one of the best schools in the country, gets when they get out of $67,000 a year.
00:25:30.560We've gone from teenage multimillionaire
00:25:32.520to the largest transaction in recorded history,
00:25:35.280which is $500 million, $500 billion, excuse me,
00:25:37.880The Neom, city of the future that Saudi Arabia is putting up in the middle of, well, almost all Saudi Arabia is a desert, but in the middle of an adjacent desert.0.87
00:25:46.640And I've got everything in between.0.85
00:35:34.320Why would someone go work for Karen in Kansas? Hi, Karen.
00:35:38.000Because she will point to the examples I have on the website that Jane from1.00
00:35:43.960mississippi bumfuck mississippi came here and it's now worth eight million dollars four and a
00:35:48.000half years later and so and so these people will work as the team for revenue share correct0.63
00:35:52.200equity share not sorry sorry oh okay wait so just equity no no no no no they get cash but not
00:35:59.380salaries you pay bonuses and give free founders equity commission based no it's not commission
00:36:05.660it's uh you do a five million dollar acquisition and you over finance it for five hundred thousand
00:36:10.340dollars you the the main person keeps uh 200 grand and then you split 300 grand between all
00:36:18.280those people i just said chairman ceo what do you think of that plan we'll talk to him more about it
00:36:23.700but i'll be honest we're tactical at this point we're down in the dirt we're down we're down in0.98
00:36:26.900the dirt i mean there's no buried entry to be have a podcast that's true no i mean any fucking0.94
00:36:33.920monkey on the street can anything anything on the internet anything i know i understand that0.97
00:36:38.280Which is why I actually, I actually, I mean, dude, I'm a fucking random kid from Cleveland, Ohio.0.95
00:36:41.980That's the good news and the bad news, though.
00:36:42.600The good news is you can, if you come up with an innovative idea, come up with an idea, a product or service that changes a billion lives, i.e. Facebook, and you will be an instant billionaire.
00:36:52.840Or, if you want to be a creator, become the idea.
00:50:21.240also i think it's important that you see this so check this out here's me breastfeeding myself
00:50:27.780my baby self even like that type of thing or not so much no that doesn't do it for me
00:50:33.780and if it does it for you there's something wrong with you in addition to the things that
00:50:39.940i've already mentioned you don't even know dude the list goes on and on i have a question if zero
00:50:46.360is a snowflake and a hundred is like you is there is where on the scale is should the ideal person
00:50:53.660lie there is no idea 98 of the people that are high performers in the world are not alpha male
00:51:00.440they're introverts it's tough to be uh um uh something you're not with all the training that
00:51:08.840that somebody like i can do for you but we've got kids i met with a kid for a coffee yesterday he
00:51:13.860He just graduated from the University of Washington as an aeronautical engineer.
00:51:17.480He's closing his first deal today in San Diego.
00:51:21.460And he just came by and I spent an hour with him, taught him or not taught him, just reminded him a couple of things at the close because deals change at the close.
00:51:30.220Oh, yeah. Right. Banks change the numbers at the close.
00:51:33.220Why? Why do you meet with this kid? Because he's one of my mentees.
00:51:36.120OK, so he was in your program. Yeah, he went to the program four or five months ago.
00:51:40.400You say things change at the close. Right at the close.