00:12:57.760And so I had this idea for it, did three, came back.
00:13:00.980And that was actually the day that Layla decided to quit.
00:13:03.280So she picks her up from the airport, and I've got this big backpack, and we go back, and I promised her I'd take on her real date because everything had been like Panda Express and Chipotle for the first 30 days, just the gentleman that I am.
00:13:14.740And she was like, tablecloth and waiter.
00:13:32.840the question she asked before that was is this legal and then i said yes and then she said
00:13:37.940and so then we started just uh flying around the country launching gyms so we did like 32 gyms in
00:13:43.460the next like 18 months um hired a sales team we had six guys flying out doing gyms over that
00:13:49.060period of time that business model kind of like broke down because we didn't control delivery and
00:13:53.400so we would sell people into a gym and then people would just the gym owners who would come to us
00:13:58.060were struggling and so they were struggling for a reason because they weren't good at gym business
00:14:02.000And so I would fill it up, but they like, didn't have the infrastructure, didn't have the trainers, didn't have any systems. And so like, that was a big mistake for like earlier on for me. And so I ended up having all these gyms have customers, like, they would just tell the customers to leave. They'd be like, just refund. I don't even want you here. But I'd already be flown to the next gym. And so that was a big chargeback risk for us.
00:14:19.800And so I ended up, uh, that business, uh, died. Um, and so there's a very long, dramatic story
00:14:27.160around that, but anyways, it worked out. Um, and then we started selling out, um, basically the
00:14:32.280kit of how I filled the gyms up. So it was like, okay, I need to get into licensing rather than
00:14:35.980flying out people to each of these locations. Cause every month I had to have the exact amount
00:14:39.480of gyms to match the amount of sales guys I had. So I'd have like eight gyms every single month
00:14:43.400that I would be like, okay, are you good with me flying out a guy and all this logistics.
00:14:46.600And then finally one day I was like, I think we need to get out of the gym business. And I told
00:14:49.600the next eight gyms are supposed to come out that next month. Hey, we're, you know, we're leaving
00:14:53.280or whatever. Um, and one of the guys was like, dude, you saved my buddy's gym. Like, I know you
00:14:56.780can help me. Like, I just mortgaged my house. I lost everything. Like, please help me. And I was
00:15:00.040like, listen, I'll, I'll show you how to do it. I was like, but I'm not flying yet. I'm not flying
00:15:04.880out there to save you if you can't sell. And he's like, no, it's fine. He's like, how much? And I
00:15:07.480just picked the highest number I could think of at the time, which was $6,000. Um, and he said,
00:15:11.940it's done. And I was like, holy shit. Um, and then I had like seven more calls and I made like
00:15:16.880$60,000 in a day selling air and I was like man I think selling the how-to yeah okay and then you
00:15:23.920figured out that the knowledge was was maybe a better product for you to move interesting yeah
00:15:30.060and so that was like I was like holy shit and so like the next one I said six the next one I said
00:15:33.980eight next one I said 10 next one I said 12 and everyone was like done sure and I was like holy
00:15:37.900shit and like it was one day later comes back in at the end of the day um because we thought we're
00:15:42.200going to pivot towards like let's just sell fitness programs and fuck gyms like we'll just
00:15:45.040all direct and um and so she was like hey i just sold two deals and i was like we're still in the
00:15:50.800gym business she was like you just sold me on how we're getting out of the gym business and this is
00:15:54.500like we're like we're ending this forever um and i was like yeah but i think we're just doing it
00:15:58.660wrong and then that was when that was like the beginning of gym launch and so the gym launch
00:16:02.460took off like a rocket we did um i think we finished that year like 6.8 million and then
00:16:06.880the next year we did 26 million with like 17 million in profit and i'm like 28 um and then
00:16:12.760we continued to grow the business and then we sold that um to a private equity firm in 2021
00:16:17.420for uh 46 and and congrats thanks ayo i'm sorry i used to do it in my vlogs it's the entrance for
00:16:26.120my theme song ayo i'm sorry i got two shirts up on wwe shop fanatics right now i hate logan paul
00:16:33.040yes i am the one behind it you're gonna monetize the haters and still humble because after all i
00:16:38.680I'm your humble king and I'm gonna stay humble because I'm just that humble you can grab my
00:16:43.200shirts and all WWE merch hats tees replica title belt superstar collections on WWE shop and fanatics
00:16:51.260get yours today back to the show and now you've heard the chaos now you can see it
00:16:57.180watch all your favorite podcasts from start to finish right inside the free iHeartRadio app
00:17:03.640Catch every laugh and eye roll on shows like the Tom Green Farmcast and Park the Bus.
00:21:17.100i don't am i allowed to so acq.com i've been i've been i've been eyeing for a long time it had been
00:21:25.020owned since 1996 by a fortune 100 company i can't say the company because they said i couldn't like
00:21:30.080say it but i've been trying to get this domain i finally got it so it was like really sick sick
00:21:34.740how how because i know sometimes with domains you got to get a little creative yeah i mean it was
00:21:39.360just like reaching around and getting to somebody who was in the company and getting a broker
00:21:43.740together and then figure it out but they had they just denied every other time and then like they
00:21:47.980just finally were like yeah okay we'll sell it and i was like awesome i think i think what you do is
00:21:51.600awesome because yeah when i first saw you popping up i wasn't sure i wasn't sure if you were another
00:21:56.100one of the me neither multi multi what is it multi-level marketing like yeah no we um not that
00:22:04.200i mean i mean i'll just i'll be transparent so like we took out 40 ish million um in distributions
00:22:09.600before we sold the company and we sold the company for 46 um and then we started the family office
00:22:14.580which was just going to be the whole co acquisition.com um i started making content with the
00:22:19.480idea of like i wonder if i can attract businesses so i can do like minority deals and that was kind
00:22:23.180of the whole thesis in the beginning was like i'll just do these kind of you know 10 20 ish chunk
00:22:27.480chunks of companies um that ended up sucking and so i did like 24 deals in 24 months and then just
00:22:33.580like got rid of almost all of them minus four and then i was like okay um let's not do that and so
00:22:38.860then it was like we need more meaningful stakes of fewer far better businesses and all of those
00:22:43.420companies i didn't put like any brand or anything behind it i just like invested in them and so it
00:22:47.700was like okay school this is a this is a deal it makes a ton of sense let's do this um and then
00:22:53.460like that's probably more how we're approaching it now is like because we're also pretty good
00:22:56.320at building business so we started our advisory practice in january of last year in 2024 um
00:23:01.480and that's now a very big business what do you advise on it's companies industries oh it's it's
00:23:08.480open it's smb so it's like 500 000 on the low side to 50 million is kind of like the sweet spot
00:23:13.260so if you think like you've got like gardner you've got mckinsey you've got deloitte you've
00:23:17.120got these kind of like they serve the i'd say like the top end of the market and then there's
00:23:21.000obviously like the guru the guru world that's kind of like underneath and we kind of serve like
00:23:25.460low mid market and so you know people fly out here they'll meet with our directors that are like
00:23:31.460for paid media or for content or for whatever it is they're doing so like maybe you have a 14
00:23:35.180million dollar plumbing business and you're like all right well how do i scale this thing it's like
00:23:38.940all right you need a director of this and this is how the ad should look for recruiting a specific
00:23:43.380role and you know your supply constraints you need more technicians this is how we go recruit
00:23:46.880these technicians that kind of thing how do you how do you make b2b content actually like actually
00:23:54.700go like viral and get people to care online when so few of the people watching it are actually like
00:24:00.060business owners i'm sure there's a lot of them but like for example like the majority of our
00:24:04.720audience say there's someone watching this episode right now and i don't know tuscaloosa
00:24:10.200alabama right for example right what what industries do you see right now or what places
00:24:16.600do you see right now that they could break into to start businesses that actually could be
00:24:19.780successful like what's where are the holes in the market right now well i mean i think there's
00:24:24.600pretty obvious ones for just like ai enablement for like yeah so he's in tuscaloosa man oh yeah
00:24:29.960it still works no i know but he's like he's like 19 years old he just left walmart and he's like
00:24:35.380all right so i can start i can do plumbing i can do power washing i can do ai enablement
00:24:39.880like he's not going to do ai enablement i don't like i got like maddox who's on my team is from
00:24:44.660a smaller county than that from like little rock arkansas no i'm not i'm like no my point is this
00:24:49.140is like dude the internet's the internet like that kid can watch youtube for free just like
00:24:52.760anybody else can and can learn how to use make.com and n8n and do whatever the hell they want and
00:24:57.660And they can go to the local plumber in Tuscaloosa and be like, hey, instead of having this girl who you paid $1,500 a month to answer your phones, I can have an AI do it for $200 a month.
00:25:06.180And he can do that to 100 different places in his local town.
00:43:07.280And, like, this goes back to the Tuscaloosa example, right?
00:43:11.000Where, like, and I guess you, like, chose your niche and said, like, okay, I'm going to work directly with people who are already making money and help them scale, right?
00:43:26.220So when you do this more – when you go from this niche world of delivering real palpable value to your clients, right, to trying to garner mass awareness on a place like TikTok or Instagram Reels, right, where the stuff you're talking about is like, dude, these people are – yo, chat, yo, chat, yo, chat, yo, chat, chat.
01:07:59.140No, the three most important questions that I think about for any, like, really hard thing that comes up is logic, evidence, utility, which is, like, what does that mean?
01:08:07.260how do you know that and why should i care and so logic evidence utility yeah what does it mean
01:08:14.640how do i know that why do i care someone's like i'm really stressed out i'm like what does
01:08:17.680stressed out mean to you and then they're like well well they keep like people get all these
01:08:21.420bubbles of like oh this emotion's like what does stress stop mean to you because it means that you
01:08:24.560got a text or some somebody trolled you and it's like and that's creating some reaction okay got
01:08:28.300it so that's what stressed out means is someone says bad stuff got it okay um how do you know it
01:08:34.260was bad how do you know it was about you do you know like okay what does it affect okay got it
01:08:38.580and then why does it matter does it affect you in some way are you losing business as a result can
01:08:42.740you not get a date because of that well it hasn't really changed anything great so logically sure
01:08:47.880this this stressed you out uh like you know it because you've seen it because you can show the
01:08:52.280thing did it change anything about the way i live no so i don't really with with the that last part
01:08:57.560being the most important part yeah like it's dude like so many people getting hung up on so many
01:09:02.540things that do not affect their you have you truly have streamlined your reality to only include the
01:09:08.780things that are ultimately necessary to the to the success of that reality which is really incredible
01:09:15.180it's really incredible and for someone who lives by the way on the exact opposite fucking brother
01:09:22.260on the exact dude i know every single thing that every single person who has ever lived in the
01:09:28.340history of this world is doing right now i know where they're going to be tonight i know what
01:09:32.920party is at every casino tonight i know every piece of useless bullshit that could ever exist
01:09:38.840except for like my purpose like or anything do you know what i'm saying like and like even that
01:09:44.460like like do you know what i'm saying me and you are like kind of polar opposites
01:09:49.100in a lot of ways but i'm but i'm inspired today i really am dude i really i really am inspired
01:09:56.900what are you inspired to do to to streamline certainly into and and even just some of the
01:10:02.000tactics because i can still be that and by the way i should say this all jokes aside i do find a lot
01:10:08.600of i do love that for myself in a lot of ways i've created a very adaptable versatile human that you
01:10:15.900know does a lot of room work and can do a lot of things but i do need i need this damn book bro
01:10:21.700i think that's what it is i think i need to figure out a little bit more ways to apply
01:10:25.420because i've got the funnel i know how to fill the funnel michael can you give me my phone real
01:10:29.600quick oh is this this sounds oh yeah can you grab it this sounds fun yeah is this an exercise yeah
01:10:34.360i think you'll like hell yeah okay while he gets your phone can i ask you because uh
01:10:38.620logic evidence utility yeah breaking that down making it make sense why why should you care
01:10:46.220how much how much mental energy do i allocate for said a problem if there is one i want to ask you
01:10:51.960because you seem like you're probably pretty good at relieving stress
01:10:55.220or even deciding whether or not it's something to stress out about.
01:10:59.140What is the last great challenge that you've had?
01:11:02.200Launching the book and do $100 million in a weekend.
01:11:04.060I was like, that took me time to plan.