Valuetainment - March 09, 2023


Why A $1,000 Tip Pissed People Off


Episode Stats

Length

12 minutes

Words per Minute

235.60252

Word Count

2,921

Sentence Count

258

Misogynist Sentences

4

Hate Speech Sentences

2


Summary


Transcript

00:00:00.000 So the other day I gave a $1,000 tip at the restaurant and I posted a receipt with a story
00:00:04.360 behind it and people, some of them, lost their minds. I want to tell you today why when you go
00:00:10.000 out there and do acts of kindness, why you ought to share it publicly. And I know many say, don't
00:00:14.140 do it. I'm telling you, do it. My argument is coming here shortly. If you get value from this
00:00:18.020 video, give it a thumbs up and subscribe to the channel. So I don't know how closely you're
00:00:21.840 following on what's going on with art as an alternative investment, but a lot of major
00:00:26.100 companies like Goldman Sachs, PIMCO, they're starting to talk to their clients about alternative
00:00:30.840 investment. Matter of fact, this last year, I was at Art Basel and guess who was there?
00:00:34.260 Goldman Sachs. I had a dinner with them and it was all around people that are investing
00:00:37.840 millions of dollars into art as an alternative investment. Here's some stats. 2022 was the
00:00:43.500 biggest auction year ever. Highest total from big three auction houses, nearly $18 billion.
00:00:50.060 So now you may say, Pat, that's great. I can't afford to buy a $5 million piece of art or an
00:00:54.360 $800,000 piece of art. I don't have that kind of money. You sometimes talk about baseball
00:00:57.820 cars. You bought $4 million. I don't have that kind of money. I understand. The same
00:01:02.060 way they created mutual funds, a company called Masterworks allows you to buy into art by Andy
00:01:08.280 Warhol, Pablo Picasso, whoever may be, Banksy, but you buy shares of that art. So you'll say,
00:01:15.040 here's a million dollar piece. I own a share of this art. And then while they sell it, you
00:01:19.800 make the return on that piece of art. So today with what's going on with inflation,
00:01:24.180 what's going on with the economy, what's going on with the stock market, people are a little
00:01:27.640 bit concerned. One of the asset classes people are looking at is alternative investments,
00:01:32.040 specifically in art. And if you want to participate in this, I highly recommend you look into Masterworks.
00:01:37.460 Everything they do is buy the books, SEC. You have to do your own due diligence while you go
00:01:41.800 through. But if it is something you want to participate in, click on the link below. If you
00:01:45.320 get involved with them, it's by invitation only. They have 600,000 people already that are working
00:01:50.900 with Masterworks. And if you want to diversify your portfolio, I highly recommend you consider
00:01:56.440 Masterworks. My wife is born on Valentine's Day, February 14th. So we're going out there in Miami.
00:02:01.360 We go to this restaurant called Joe Stone Crab. We go grab a seat. This lady comes up, her name is
00:02:06.320 Kiera, and she's giving us incredible service. And while we're eating, I love learning about a
00:02:10.600 restaurant. So I said, tell me the story about this place. I've been here before, but I don't really
00:02:13.800 know the history. Well, see that picture? That's the family. But here, that's Joe. This is how this
00:02:18.560 place got started in 1913, just less than 20 years after Miami got started in 1896. This place was
00:02:24.820 nothing. Miami was nothing. People only came here for this. And he started this, and it's been around
00:02:29.240 for four generations. And it's the number one restaurant in America for grossing top-line
00:02:34.160 revenue. I'm like, you got to be kidding me. Pre-pandemic, number one restaurant in gross revenue,
00:02:39.240 only one place. Like, wow, that's intense. And I'm looking around, my wife and I, I'm like, babe,
00:02:43.580 how many people do you think work here? I don't know. Let me ask Kiera. Kiera comes back. Hey,
00:02:46.960 Kiera, how many people work here? Well, we have this many waiters and waitresses. I'm number 24
00:02:51.200 out of whatever, 89, I think she said. We have nearly, you ready? 400 employees. One restaurant,
00:02:57.380 nearly 400 employees. She walks, I'm like, oh my God, 400 employees. Every Arnold Palmer refill,
00:03:04.660 she brought it. I never asked for it. My wife, lemon, lime, everything we ordered, she was flawless
00:03:10.680 on the way she handled us. And then at the end, we got a surprise, came in dessert, all this other stuff.
00:03:15.020 And then I noticed everybody that was coming in, they would go to this lady with their, uh, whatever
00:03:19.120 they're bringing to the customers. And this lady had to look at their receipt and I'm like, what are
00:03:23.360 they doing there? She's like, I don't know what they're doing over there. So I said, Kiera, just out of
00:03:26.080 curiosity, why do all those waiters and waitresses, why do you guys all stand in line there? And you
00:03:30.040 talk to that lady? She says, well, I've been here for 20 years and boom, this is what she said. Today is
00:03:35.520 actually my 20 year anniversary. I'm like, oh wow. So what do you talk to that lady for? She says, we take our
00:03:40.460 receipt and she checks portions. I said, portions? Yes. She checks portions? Yeah. Like, did I put too
00:03:48.380 much salad? Did I put too much crabs? Did I put too much this? I said, damn, you know, portions. Why would
00:03:53.040 they do this? Interesting. So somebody, if you have a friend coming in, they don't put more crab legs. I
00:03:56.920 said, is that why they do it? That's exactly why they do it. How long they've been doing it for? They've been doing it for
00:04:00.400 20 years. How long has I been here? What an incredible system. So I said, so I noticed every food that
00:04:05.320 came to us, you brought it to us. Yes. Here we bring it to you and we're held accountable. I
00:04:09.620 said, so if I tip you, there's a tip go to you. There's a tip go to everybody shares it together.
00:04:13.180 She said, no, it goes to me because I'm held responsible to bring in the food to you. Great
00:04:17.560 system. I said, so tell me, how do you like working here? Are you kidding me? I'm so grateful. I'm so
00:04:21.860 happy. This company's changed my life. I've been here for 20 years. Today's my 20 year, you know,
00:04:26.100 I'm like, wow, she got emotional listening to her story. And by the way, you know how this lady was
00:04:30.200 super humble, like the type of a person you want as a mother, as a sister, as a friend.
00:04:35.460 Man, like emotionally so likable. I'm like, babe, she says, I know what you're going to do. I said,
00:04:42.240 I'm going to do it, babe. Do your thing. Great. I'm going to give her a thousand dollar tip. So I
00:04:45.980 give her a thousand twenty dollar tip. So the receipt was like 400 bucks. She ended up getting
00:04:49.140 a thousand twenty dollars tip, twenty dollars to represent 20 years she's been there, thousand
00:04:52.940 dollars. And I give it to her and she says, what's this? What are you doing? No, you're, what are you
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00:05:20.100 feel good. Visit Dove.com to learn more. You're kidding me. So the reaction was so
00:05:26.940 innocent. So awesome. So grateful. Exact reaction you would be hoping to get. I got
00:05:33.260 OK. And I said, I'm going to post this on Instagram, Facebook, LinkedIn. Give her love
00:05:38.260 and encourage everybody to go there and take care of her when they go to this place. I
00:05:42.260 posted comments. Awesome, Pat. You're top G. You're great. You're this. You're that. All
00:05:47.360 these affirm me positive comments. Now I know what comments are coming, though. And
00:05:51.360 you know I do it intentionally anyways, because I know what they're going to be saying. And
00:05:55.120 what they don't realize is I intentionally posted it because I know it pisses a lot of
00:05:59.820 people off. Let me read some of the comments. Here's what some people said. That's all good,
00:06:04.000 but you're supposed to do these good deeds, things out of the goodness of your heart, not
00:06:08.080 to post on social media and brag. Set a better example. OK, great. So listen, logically, you
00:06:13.180 would see that if you've gone to church or you were raised in a Christian family or any kind
00:06:16.180 of denomination, you'd say, he's right. You shouldn't do this. Perfect. Let me give you
00:06:19.700 my argument. Social media. Do you see things that people pick up that are bad habits, things
00:06:24.740 they shouldn't be doing? How do you fight that? So let me get this straight. So the bad
00:06:28.180 habits, promote it as much as you want. But listen, all the good people do, don't advertise
00:06:32.800 it. God forbid you're going to be judged for it. How do you fight negative habits and negative
00:06:38.240 behavior? By showing good gestures. Mr. Beast, every time he goes and changes someone's life
00:06:43.700 and gives $10,000, $50,000. Here's a car. Here's a house. He's got thousands of other YouTubers
00:06:48.740 now are doing the same thing to be like Mr. Beast. Are we teaching giving? That's a good
00:06:53.500 thing because for the most part, everything's promoting what? Taking, taking, taking. These
00:06:59.020 guys are teaching giving and we should say, hey, Mr. Beast, stop giving away money to people.
00:07:04.300 You're not doing a good deed. Stay quiet while you're doing this. I say keep giving because God
00:07:09.320 knows the way Mr. Beast is going. In the next 10, 20 years, he's going to be giving away billions of
00:07:13.600 dollars and you ain't paying taxes for that. He's choosing to give that away. Keep giving,
00:07:18.000 Mr. Beast. Let me read the next comment to you. I can't even afford a $400 meal, let alone a $1,000
00:07:22.580 tip. So how do you think it feels to millions of Americans out there at these times? This is a
00:07:26.560 boast and a lot of you will be impressed. Yeah. Okay. There was a time I couldn't afford to have a
00:07:31.080 lemonade or a Coke, but I dreamt of one day possibly doing more. There was a time I went to a Christmas
00:07:36.580 party with my sister and my father sitting there and her husband, and they didn't go to a honeymoon
00:07:41.480 and I didn't have a dollar to give a gift to neither one of them. And I saw other people doing
00:07:45.800 it and it inspired me. I didn't bitch about it. I said, I'd love to one day do it. You ought to start
00:07:50.880 thinking bigger so you can contribute to your own family and the people around. You shouldn't say,
00:07:55.320 I can't believe you're doing this and I can't ever do it. You should say, wow, if he did it,
00:07:59.360 I can as well. That's an identity flaw on you that you got to check. Not me. What feels better,
00:08:03.720 leaving a thousand dollar tip or telling people about it? Both. I'm very comfortable with it.
00:08:07.740 I think you ought to give a thousand dollar tip. And if you can get a chance to challenge and inspire
00:08:11.300 other people to do so, do it. But in this situation, how do you think Carol feels? How do you think she
00:08:17.100 feels being recognized? When do you think she got this kind of recognition, getting millions of views?
00:08:21.400 You think she's happy she got the love? You think she's happy she's being recognized for going above
00:08:25.460 and beyond? You think she's going to go tell that story and say, you know what happened today?
00:08:29.120 Today, 20 year anniversary, I got this. Do you think that message of encouraging people
00:08:33.440 to not quit, not give up, stay somewhere, be a leader, make it work, be grateful, have the right
00:08:38.900 attitude? Do you think that is an example more people need to emulate? I've been in business for
00:08:42.940 a long time. I tell you, not a lot of people have that attitude, positivity, grateful. Let me give my
00:08:48.200 best. Let me do good. Even when some of these things are not going good, I'm keeping my chin up.
00:08:52.180 I'm still doing my job. I'm being dependable, reliable, accountable. Yes. I think a lot of people
00:08:56.780 ought to emulate Kiera's habits and the story needs to be told. This next one here really messes
00:09:03.340 with a lot of people's minds. And I had a hard time with this one 15 years ago, 10 years ago,
00:09:07.360 but you're going to see what angle I'm going to take with this. Here's what one person said.
00:09:10.020 PBD is worth approximately $200 billion. It's like me tipping a dollar, two cents. We're not
00:09:14.400 impressed by you, big fella. Okay. Let me explain this to you. My wife and I are in Monaco. We're
00:09:18.740 sitting down. Okay. We had sold the company. This is the biggest amount of money that came into our
00:09:23.840 account. And first time you look at it, you're like, wow, look at this. I said, let me explain to you
00:09:27.220 what's going to happen next. You're about to be attacked. She said, what do you mean I'm about to be attacked?
00:09:30.240 This is what's going to happen. If all of a sudden people realize how much money you have,
00:09:33.740 all the money you give them, they're always going to say, you're so greedy. That's all you gave us.
00:09:38.880 That's all you gave us. That's all you gave us. People who don't want to work for their money,
00:09:43.660 no matter how much you ever give them, it's never enough. It's the entitlement attitude,
00:09:47.520 right? Steve Jobs and Apple never gave away to charity. Why not? Interesting, right? You think
00:09:51.380 about it. Kirk Kikorian, owner of MGM, catalog, movies, all of that. Casino died. At one point,
00:09:57.100 it was worth $9 billion. He died at 98 years old. One of the most successful entrepreneurs of all
00:10:01.880 time. Incredible story what this guy did, right? And he gave all this money to Armenia at one point,
00:10:07.580 like around a billion dollars, a lot of money. You know what they said? That's all you give.
00:10:11.580 That's not enough. If you read his book, you know what it said? He never wanted to help that
00:10:15.280 community out. Even though he's Armenian, he didn't want to. He's like, I'm done. I don't want to help
00:10:18.040 out anymore because he was disgraced. He says, I'm going to do it in a completely different way. He made a
00:10:21.420 movie because he could control it. He didn't give away to charity anymore. So this is the part that I want
00:10:25.860 everybody who was like, well, that's why I don't want to do it because no matter what I do, you
00:10:29.060 know, there's going to be people that are not grateful. It doesn't matter. That's the risk you
00:10:32.040 take. You don't give hoping that everybody likes it. You don't do certain things hoping everybody
00:10:37.100 supports it. This is one of many stories of what we do. You don't go advertising every single one of
00:10:42.260 them. But I do believe you, if you do a good service or good deed out there, share it with others.
00:10:48.440 Don't feel guilty about it. We need more stories. The question and the debate this led to is the
00:10:53.260 following debate, which by the way, some of you guys are going to love this year. If Jesus was
00:10:56.600 around today and there's social media, say he's around today. You think he's on social media?
00:11:01.180 I don't think he'd ever be on social media. Really? Really? So you think he would only spend
00:11:05.600 time at churches? You think he would only be places because it's only other Christians. That's where he
00:11:09.300 would be. No, I think he'd be on social media telling his story. Matter of fact, I'm willing to tell
00:11:12.720 you not enough Christians are on social media. The churches that are growing, they're leveraging social
00:11:16.640 media. A lot of these guys that are trying to groom kids and the negative mindset, they're on social
00:11:21.300 media and you don't want to match that with goodness. I don't know about that. I think that's a
00:11:24.800 outdated philosophy that needs to be challenged today. And I think people like Mr. Beast and others
00:11:31.640 are doing a great job giving and they're inspiring kids, which is very important, to be comfortable to
00:11:37.560 give in a society like this. So this whole thing was to give a shout out to Kiera and to encourage
00:11:43.200 others to tell stories of people who give 20 years of their life in service to a company and do it in a
00:11:48.440 grateful, positive attitude. Kiera, this whole thing was for you. I got a lot of respect for
00:11:53.660 you. So I'm reading a book right now that I'm fascinated by, which I've recommended on my
00:11:57.760 Instagram. Phenomenal book is about service. I did a video years ago on the concept of customer
00:12:03.140 service versus customer experience. My whole experience at Joe Stonecraft was an experience,
00:12:09.800 not just because of customer service. If you've never seen this video, I highly, highly recommend
00:12:15.160 you watching this video to create memorable moments for the people you're serving. If you've
00:12:21.020 never seen this, click here to watch it. Take care, everybody. Bye-bye, bye-bye.