Valuetainment - March 20, 2023


My Kids Made Their First $20 - Lesson For Every Entrepreneur


Episode Stats


Length

4 minutes

Words per minute

237.40668

Word count

1,007

Sentence count

90


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

In this video, my kids tell the story of how they made the first $20 in their lives. They went out in the city and made $40. I'm so proud of them and hope you do the same!

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 So we had a life-changing moment last week with my kids.
00:00:01.900 I want to share this video.
00:00:02.600 You'll actually see them talking about what happened to them.
00:00:04.680 I was about to buy a publishing company.
00:00:06.720 I'm looking at five different companies.
00:00:08.080 One of the companies I'm looking at, they said,
00:00:09.840 look, before we talk numbers, I said, send me some of the books.
00:00:12.260 They sent me 13 of them.
00:00:13.440 My son reads every one of these books.
00:00:15.920 Then all of a sudden, boom, he comes up to me the next day saying,
00:00:20.420 I want to go out there and make money.
00:00:21.760 I don't want to mess up the story.
00:00:23.380 I want you to hear it with all of us in it.
00:00:25.080 Then at the end, I'll come back and give you some final thoughts
00:00:27.320 on why this is important.
00:00:28.180 And by the way, if you do get value from this video,
00:00:30.460 give it a thumbs up and subscribe to the channel.
00:00:32.700 Here are my kids telling you what happened last week.
00:00:36.340 So this is a chance for me to brag about my kids a little bit.
00:00:38.620 So what did you guys do today?
00:00:39.540 What did you make?
00:00:40.180 Why is this a historic moment?
00:00:41.580 Because we earned $20.
00:00:44.140 You guys made the first $20?
00:00:45.920 Mm-hmm.
00:00:46.260 Now, why did you make $20?
00:00:48.240 Was it my idea?
00:00:49.560 It was my idea.
00:00:50.460 It was your idea.
00:00:51.500 Okay, and when did you come up with this idea?
00:00:53.400 When I read Thomas Sowell and I read a book and I'm like,
00:00:58.380 hmm, that's a weird job.
00:00:59.660 Hey, I should get a job or something.
00:01:01.480 And then what did you do right afterwards?
00:01:02.900 You took immediate action on your own.
00:01:04.600 I never told you to do anything.
00:01:05.760 Where did you go?
00:01:06.620 I told Dylan.
00:01:07.740 So then you guys went out in the city?
00:01:10.140 No, me, Dylan, and Sam.
00:01:12.760 Went in the community knocking on doors.
00:01:15.520 Mm-hmm.
00:01:15.820 And what did you tell people?
00:01:17.020 I don't even know what you guys said.
00:01:18.040 What did you guys tell them?
00:01:19.400 Basically, hello, we're here to help around the house.
00:01:23.360 Is there anything you need help with?
00:01:25.080 And on the first time you guys went, did you make any money?
00:01:27.980 No.
00:01:28.640 Okay, so how about today when you went out?
00:01:30.360 We went and made $20.
00:01:31.700 And how did you make $20?
00:01:33.120 Dog walking.
00:01:34.100 You did dog walking.
00:01:35.120 All of you?
00:01:36.000 I did the most.
00:01:36.900 You did the most?
00:01:37.740 Yes.
00:01:38.100 Okay, so the CEO of the company today is who?
00:01:43.180 Tico.
00:01:43.620 Okay, who worked the hardest today?
00:01:45.460 Me.
00:01:45.920 So who gets out of the $20?
00:01:47.680 What did I tell you guys?
00:01:48.760 Dylan's employee of the month.
00:01:51.320 It's employee of the month.
00:01:53.420 But I said to you, whatever you make today, I will match you, right?
00:01:58.500 Mm-hmm.
00:01:58.820 So this $20, I'm going to keep, because we're going to frame it,
00:02:02.660 that you guys made the first money ever.
00:02:04.680 We're going to call it the PDS and Associates.
00:02:07.740 It's a company.
00:02:08.920 Patrick, Dylan, and Senna and Associates.
00:02:11.500 I'm going to match you $20, which means you guys made $40.
00:02:15.460 Tico, you get $15, and then you decided to do what?
00:02:18.880 Dylan gets $15, and then Senna gets $10.
00:02:21.600 Senna gets $10 for BizDev.
00:02:23.600 Congratulations to you guys.
00:02:25.020 Shout out to Patrick, Dilly, and Senna.
00:02:29.120 Any final words?
00:02:32.000 I'm very proud we have done this job today.
00:02:35.380 I'm prouder.
00:02:36.160 I'm kind of happy.
00:02:37.360 It was amazing.
00:02:37.920 How awesome is that?
00:02:38.920 You sure you're proud?
00:02:39.780 I got to talk to neighbors.
00:02:41.160 I promise you I'm prouder.
00:02:42.280 Trust me.
00:02:42.700 You'll know in 20 years.
00:02:43.800 Okay.
00:02:44.180 Okay, guys, say bye.
00:02:45.360 Bye.
00:02:45.840 Bye.
00:02:46.480 I'll see myself in 20 years.
00:02:47.940 And you're going to see it.
00:02:48.560 You're going to love this video.
00:02:49.520 Child Cool is this video, right?
00:02:50.620 I mean, this is one of my favorite videos because it's my kids,
00:02:52.700 seeing them winning.
00:02:53.320 There's two things that I want you to take away from this video.
00:02:55.800 One, I was 10 years old when I realized I will never starve for the rest of my life
00:02:59.980 because I made my own money in Germany at a refugee camp at a local swimming pool.
00:03:04.620 And I came home every day making money, making money, making money.
00:03:06.880 I'm like, this is crazy.
00:03:08.020 If I can go out there and do this, I will never starve.
00:03:10.720 But it happened to me independently without my mom and dad's family buying from me.
00:03:15.240 Just like they just made money without my friends and family buying from them as a favorite.
00:03:19.760 They did it on their own.
00:03:20.980 So number one is learning how to never starve ever again by making your own money.
00:03:24.700 Number two, you're one book away.
00:03:26.200 That was probably his 600th book he's read.
00:03:29.080 All the other books he read was biographies.
00:03:30.860 This is the first book where he popped up and he said, I want to go make money.
00:03:33.580 I'm like, what?
00:03:34.040 I didn't even know where this came about until he did it afterwards.
00:03:36.220 Then I realized this one book on Thomas Sowell inspired him to go out there and do this.
00:03:39.540 So message number one, when you learn how to make your own money without relying on mommy and daddy,
00:03:43.440 you will never starve for the rest of your life.
00:03:45.420 Number two, when you find one book, I can go back and tell you 10 books that I read
00:03:50.120 that were life changing in ways I can never describe to you because I had this one question
00:03:54.320 that it gave me so much clarity.
00:03:55.880 Everything changed in my life with this relationship, selling, leading, investing, approach of life,
00:04:00.500 any one of that stuff, because a book changed the way I viewed one thing.
00:04:03.780 Okay.
00:04:03.980 So if you got value from this video, give it a thumbs up and subscribe to the channel.
00:04:06.820 And I got another video for you to watch.
00:04:08.400 It's a video I did titled 20 rules for young men.
00:04:11.400 If you've never seen it before, click here to watch it.
00:04:13.540 Take care, everybody.
00:04:14.220 Bye-bye.