Latest Talks Podcast - Ep #21 | Topics: Selling on Amazon - Founding Bizfluence App - Investments.

you have to have some fails i had some plenty of fails in my life i voted for the new one at that moment i said i'm gonna build a multi-billion dollar company i felt immediately everything dropped [Music] was never clear the agents and she experienced khan blouse experience i cannot secure in that contract you think of a house think heimlo and if you want to know a little more we actually interviewed him on the podcast a couple episodes back check it out support in the podcast video besides support comments 3000 subscribers anyone will support in the podcast the cause come and support another support comment and and i'm appreciating the donation yeah it's happening on the episode in tamil wall and um it's not so interesting it's not so i find introductions and podcasts are very boring for the next that's my background and i lived in i lived in canada and then i moved back here we're going to brooklyn seagate seagate i didn't want to be an entrepreneur you know a lot of entrepreneurs they say oh since i'm 10 i was selling lemonade [Music] um i moved to canada so i got the opportunity to cancel buffalo new york back then buffalo so i had an opportunity to go there family i had family that was investing okay and i drove in every day i drove it i managed real estate i know you you sold me a house in buffalo 20 years ago and how there's a leak yeah he kept his real estate we left he made money he still has properties there but uh yeah that's where i was then i went to montreal and i got into a family business and i managed canada i sold products okay sold uh just plastic products other things and that was my business when i moved back here i got into a couple of different product businesses in bed amazon if you sold products you ended up selling on amazon so on amazon i was working with my brother i got the company with in in the stomachs industry but big amazon and one of the things that i was doing i decided to look into visa mckenna vox and amazon business okay amazon amazon amazon how do you make it big one of the things amazon was just starting to roll out was ads like google ads with amazon ppc pay-per-click advertising guys through amazon sixth product that's the [Music] that i really started to study something to learn it and to know it well [Music] exactly [Music] it opened up my eyes and i started working with things in the numbers and when i saw that aha do look dappers do the gold and i started going to conferences you know the big speakers i went to a conference i remember the first conference coming out of and i see them in the back stein and they're ahead of they did they did there was an amazon conference with ppc they did they were an agency sorry it's an agency that manages your ppc manages your ads if you're an amazon seller they manage your ads and jose the indian dating because he's tacky indian he's their cto the chief technology officer i'm doing this now for myself okay why don't you do it for me agency so i got a few clients i left my family in this business or whatever everything i was doing in hong kong ppc agency mostly with the high misha with the muhammad sheila and with time i got bigger some international companies some big brands and um that's what that's what i that's what i did that was my business mind ppc black pen black pen multi-pack immediate meta metaclip fatherless so then i go i write these few words do you guys look i'm ready to pay 50 cents every time someone clicks that's question the click the likes on the vote black pen they skimped it off as an ad you click on it i pay close if you scroll down another four products you'll see the product again exactly so that's that's pay-per-click advertising which means i and then we came up with the data advisor best of this year's next time this is anyways so uh second to avoid this uh and then there's all kinds of different ads and now they have off amazon i don't know this is the the subject basically in steadfast there's a thousand other listings before you right twenty per page device of page one of page one hundred that came into the top from page one within these extra panda guys in the pages there was kind of the page that's what it is and it's the same like google kim stones so this works this works on google and everything else works the same way youtube ads right away that's boring everything is boring till now right exciting by the way no it's your fault i don't even know what i'm doing and this is your vitamin okay what happened something very interesting happened i think i learned from it maybe other people can learn from it would you like no okay 1.50 okay so i never sold myself i never told people [Music] just working working working so but ken mazman i care about your money how can manage millions and millions not at the beginning but as i went on i was managing millions and millions of dollars to spend i saved you a hundred thousand dollars the first month you saved and spent i guess spent time that was not already i came out i saved them a hundred thousand dollars so big numbers and i was i was able to explain to people i care about imani this is this is my business so everything that i in english i can explain it better maybe but everything that i everything about me my dedication my drive my passion for the first time in canada with a supermarket distributor they put into hundreds of supermarkets across canada one of my products and from city committees the next year for the next season we got the meeting on the presentation the the product line was got kim in pricing packing everything soft meeting these were these were very successful guys i mean finally successful going come on i got china golfing on sundays these days especially but back then what am i saying nothing to do with that i just i have a business selling junk was i was supposed to listen you know so i said then to this and that i felt immediately everything dropped they didn't order for me that was it when i started selling my services how important it is and uh that was my post i'm engaged in other groups so it's a telegram group so far telegram group h early early 30s okay early 30s is when i got really excited before amazon but once i had excited making life i got very into i got woken up i thought i wake up i was very excited about being successful it took me a few years to find myself but mid 30s i really started uh understanding myself this is back to the telegram group you were saying that you started posting yeah i started getting oh you can't a subject matter it wasn't such an aha moment with a million dollars yet i started making money from myself my for my own work and then big brands came i had some very big brands that i that i managed and see the accounts that did millions and millions of dollars so i was in business i was in business i started posting a telegram group because i had knowledge i wanted to share and then i went on linkedin it started about six years ago it started becoming less a resume so sorry sorry um sorry no not maybe 12 years that i'm that i was on there and a few years ago a buyer a seller a salesman a message social media [Music] and i started getting a lot of attention and i started doing more and more and more important i was the from the top two amazon people probably questions it's linked to the client community and it wasn't so small but the content created community the community yeah it was pretty small yeah we all knew each other and creators but i started becoming really good at it i would get and i had the perfect balance content creators a lot of them become they just market themselves and then they have a business of marketing right yeah so they're very good at marketing themselves number videos are going look how good i am i get a hundred thousand views a day so most content creators do something in marketing and i did it for my amazon so then i started doing events i'm going to buy events and i started creating my own events amazon events linkedin linkedin event that's why one after the other one year after the other before that all the linkedin events inclined them in milwaukee other in boston i got invited to linkedin when they when they launched their event feature they started event features so let's avoid them but they invited me to their parties he went in the empire state building still the worst party ever so this created day event linkedin actually yeah so actually in the ish event i'm had full linkedin support from speakers perspective platform well that wasn't applied it just gave me something new maybe a perspective as wow like events and i was really good at it i understood what brings people together and i understood how to make it productive is it actually business how do you take socially and turn it into business i used to hate on the social influencers uh look at me because tactless you know tactless what are you gonna do so uh that's fighter linkedin it was international we had people from all over the world over a thousand people the day after i got banned is we got in touch with them they said we we we um use their trademark and come the linkedin meetups they give they allow you they allow the four of us right now to make a link to meet up and use their logo oh i think at that time they were bought out by microsoft oh my god organizers is of the is of the board from uh apple for a bunch of grocery companies i eat a high committee mugging up behind lawyers but kids they put us back right away but they've got that ban of mountains of man a tag band and uh that was that okay in a production it wasn't a few months later was it was corona in in uh in in july a big post a video fin um bill gates it's been a video a viral video in 2015 i think i think it had been pandemics so pandemics are coming on paranoids it was on ted it was a couple weeks later what's the problem no it was uh there was a conspiracy there basically when twitter ins they all started banning facebook it's a little before even farmer and trump they're banning everyone zad demos they banned already thousands of people big big big uh people with big networks toes into millions of followers banned that over gangnam so that's what happened right after that came as a whole group of people that were supporting you yes yeah free draw wall yeah free palestine absolutely he was in linkedin jail and and i don't know how it was the only thing i saw over there on linkedin for her for months but it didn't that suspended permanently anyways that's what happened to me it was a big shock i was getting six seven million views a month on my content i became in with the leads roger vault i wanted to organize a starter a a pink surrounding cup a year before i'm getting into the startup world a little bit i started a podcast and with tech guys with entrepreneurs migration ceos fundraising i got started israeli startups i started getting interested in that i i said okay let's do a startup meetup we did one of miami we did one in in new york i got access anything i wanted us the next day i had it you know so this is a shock my guns this is microsoft that's it you did what 12 hours later i made a plan meetings with they got a little attention they go to a paisa hotel but they're the top of the industry yadid kansai i'm going to do the same thing i'll become a jewish influencer and a few days later and this i was planning for a few days about the one out of business follow us yeah i didn't want to i wasn't on social media linkedin is green made business it was the more more kosher than anything else than any other social media probably the safest one yet is china i'm still waiting in my unless it's for you by the way i have a i had a podcast three years ago it's about kim and listeners you guys have crazy advice fellas thanks [Music] and then one day so a couple couple days are going by have a business hashem this instagram business advertising yeah so that's that is a tech genius computer engineer so we're thinking of different things i said what if we what if we started our own platform it should be linked in when linkedin is you know but let me start something not to give me uh not to give me back my 45 million views it's a joke they're 45 million but but to just i this is gonna happen a lot of people let's start a new let's start a new network and someone who i was talking to sends me a little build of a working platform let's do like let's do comments i can comment look at a little thing like a social media platform i said wow let's do off-the-shelf software we can confidently pay 300 a month and you already have access you can make your own social platform aha okay let's do it so you dropped it because at that moment i said i'm gonna build a multi-billion dollar company and i'm i i don't need random partners because he showed me how to do this can i mention partners hold on i go back to my my partner in my amazon business who his job his job was he came in two years later his job agent to automate and aleman arabic he forgot the computers and we pulled spreadsheets he told me you're crazy let's automate it kid's a software designer engineer connections [Music] mentioned the first push now i'm excited it was you know supporters and uh hello hello what happened you were there no i'm one of those one of the first oh okay yeah fine yeah you were number 33. english no but point is sweet hello to get nobody when we pop something up a thousand people okay we had people on the platform already posting hello everybody you know my first my first post picket and we're we're building a much more unique platform business focus and a lot of things happen to linkedin but hashem that they're very profitable but as a platform for users for small business people like you me but then small business guys and we we we had a we had idea we had a vision to make it work better for small business professionals davis for style is a linkedin arbit it's a social platform for business so guys that of dartmouth post these days mostly videos you see how many views millions of people are watching this video and they work they work at the biggest accounting who works where iwc uh y y a yw grester accounting firms they they're all sitting and watching videos and and on the computer large site for three hours on uh networking business productivity because i categorize yeah the software is categorized okay so a minute there's ads a lot of ads on linkedin [Music] we developed a full scale platform with an app there was vice numbers from the to build a proper app cost millions and millions of dollars i started i became very friendly with uh parlor the parlor ceo was he came into the news about marozzi from trump trump was going to come on to him and he tells me listen you want to start something it's already started but you want to go somewhere it's going to cost you five million dollars to build the app just to build the app to do what you want to do i was like listen i'm jewish i'm from brooklyn it's gonna cost me five hundred thousand it's not gonna cost me five million and that's what happened social business platform and our idea is not to have just feed but the business email text whatsapp zoom right everything should be on one platform guy here set a meeting pay for it right i have to pay you pay processing you buy stuff with my kansas plots to the people you work with and everything works together against organizing event you can you can organize your contacts into a crm send them emails simplified the oil and business coverage watching bison you use mostly using all kinds of software in the everyday business even small business professionals small business professionals means anyone with a company with less than five hundred employees so that's the companies and they use mailchimp or or or uh constant contact they use fiverr or upwork and it's in eventbrite and it's in zoho click up i don't mean the tools so our idea is to build it all in one platform so the guys though of albertan arbit and they was incentivized by points supposed to it's a business platform where you come on you do everything you need to do for your business in one place this is showing yes the main platform the community is there the messaging the groups the a lot of things are there and usborne the next thing is events crm so you can organize your contacts email marketing question from this fluence let's do a number let me get the number uh yeah icon versus this is the early the beta beta mind buys i love buys usually right so usually with with with platforms with technology you start with officially alpha watch you start early early an early early tool you start with beta so we so we have so that day those numbers are for your score be valuable bisti and they saw this rifle videos as you posted all those part of the score but they score gataranga in the full transactions of stigma tools dignity how many people vouch for you you don't get the redeeming the points it's kind of redeeming the points t-shirts different things you can do now and the future could be a currency you can just listen to tooling services of the platform um [Laughter] yeah so one of the big problems of visiting smackdown is very simple you're the two with the nets there's a custom channel these guys aren't free this is not 15 and it's alas albertson so instead of using 50 tools logins it's iron tool then it's for our business and we make money transactions the highest amount of tools yeah in the long run the the the fiddler wait one of the main issues is you come on linkedin db is connected and anyone you're connected with if they do an action you see their actions unless you really really really know how to use it you know unfollow half the people or you're just curious to hear what people say about one subject one industry one subject so we have advanced filtering types home with groups different groups each group has different capabilities so essentially you're not going into achievement targeted filtered clouds which is business indication settings my monday morning mode for me is not amazon so you have to click monday i can have a setting social i'll tell you so originally we made a logo i'm going on fiverr ahead of him from designers although he's not the best designer it wasn't five dollars it was ten dollars i liked it it was a nice logo it was two chat symbols sigma b okay so we were operating with that logo for about a month with attachments logo and there's a there's a package the beautiful i love the logo this logo with the entire branding package sometimes branding package device a brand new package mine all right the water bottles visa those employees the website on the app do the actual zagatos in exactly fully i'm like what is this someone yasi no i i'm following your journey i love what you're doing i'm uh just getting into design when can i meet you um and by the way this we spoke about this uh the fact of someone going and taking initiative the same step is being connected to what the big you want to get connected to elon musk right i can see it but he's the only only successful person ever to come out of seagate elon musk and um we we started we started the um we started using his thing we actually brought him in on certain shares but the point is they given him an initiative he took a step he didn't wait as a 17 year old email a real genius yeah represent eggman it's a plumbing platform the mock-ups the alice v cancers implement of the cat right the shirts of alice and when does this gaze again like this is from our brand although it was going like this is yogurt it's amazing i loved it i thought it was perfect i thought it was i thought it was perfect like anecdote vision and it's just that exactly reality exactly well and just and i put wait listen to this i had people posted on this then on linkedin a and b my old logo which was something very typical and and and this said the old one 99 said the old one yeah i voted for the new one really only graphic designers voted for the new one we think i like and vision you go for it you don't think about what anyone says this is amazing 99 99 said they said hey your old logo was it kit doesn't give us no it's because i know what if i want to go there i have to build something for there right even though that was at least that's what he said 99 of people lying out of steve jobs quotes and this is called this is account rabbi why why [Music] he said when you're a big guy or you're famous and you're out there and you have everyone famous and famous garbage so as you go you know celebrity this and that guy heim that's why he says a lot of you know this big celebrities kicks i wonder they have no family so but these visas steve jobs he stole the phone the iphone was not his says emma stuck in a vein but air given a visionary yeah technology disagreements of development in the touchscreen product and taking a vein of the touchscreen with advert of the screen of the display so it's against that separate themes and it's actuated something like the of the iphone so even though it is foreign the vision is to have a platform linkedin today has 700 700 sorry 700 million users 15 billion dollar in revenue and yeah friend okay okay so the plan is to build a really super big platform and and yeah this video social media do for sheet under the platforms two tools companies uber do lift this space in number two and while i want to be the number two and take take the concept and expand it and make it a lot different so the plan with this is a big company a big tech company inside [Music] contributes to the company a lot but he's not a full-time employee from full-time employees and so i'm an employee as a rule and uh all across the world in uh tunisia and algeria and imagine we get bigger we hire bigger more high profile people people that you know top designers top programmers top engineers you need thousands of employees to build something big brother from big scale client company okay so you want to build something so big you need investors of course where do you go find these people and do it and do it for podcast viewers so investing is very interesting so the way it works is when this has to be broken up into three podcasts okay investing works like this you come up with idea you have to have something that's the bone after that client box mr bone episode's the team and then you go and you go to your friends and family you say listen it's called the friends and family round fff as i started whatever yeah fund fun fund fund friend family fund maybe i know at some point i forgot maybe i made it up could be friends family funding maybe sorry fff round and then you take that money so let's say you raised a hundred thousand dollars typical about a hundred we did the same thing penny see there's a case today there was a mother and lakewood six kids stage four cancer voice costumes right how much am i going to give i'll give a dollar to each one five dollars but if i can use my network and this is part of you know my philosophy with with networking and bringing people together and i raise a lot of money off the books i finished that organization stop mentioning the edens in our beautiful community making celta amazing my point is that the same thing if you're going to build something big and you're going to need a billion dollars in funding it gets me nowhere so right away i said i'm going to do this it's going to take a lot of my time it can get like not because i don't believe in it emotional [Music] so yeah so i raised friends and family around and then you go to seeds see now you have to have a little bit more of a developed product you have to have users you have to have already a few thousand seats that's the term for this this stage the second stage is some people call it precede farseed and but then once you start going out to more angel investors uncle goldberg hey listen real estate idea like right so at that point they already are is interesting let me put in a little money fake name then used to get you get angel investors heist is angel investors someone they're helping you out we started a seed crowd fund oh what's a crowdfund fund the laws of raising money the rules is very complicated they can you can't just raise money you have to you have to report everything accounting lawyers so they have certain tools that are made for people are trying to raise there's something called the spv special purpose vehicle fin of mentioning numbers of salmon they each invest ten thousand dollars you take fifty thousand dollars a day company invest fifty thousand dollars don't do a crowd fund crowdfunders you have a hundred two hundred three hundred people on a hundreds of platforms conserve gain startup a startup b startup c this one's raising for a flying car this one's raising for organic rice with makeup and you put in a hundred dollars three hundred dollars and then when you take the money it's one investor so we went crowdfund we went to our community but grace doesn't fit 150 000 or whatever from a few hundred people that was our precede next is seeds where we're going to angel investors and we're also opening another crowdfund um and that's hashem the next step is vcs which we already have lined up with that and since venture capitalists venture capitals are the ones that are funding big companies like uber airbnb [Music] is m you have to get the whole world you have to have offices in singapore and in japan and in tel aviv london visa so even when the company is making money you're still pushing pushing money pushing marketing and you either sell the company uh salesforce otherwise must cover the company private company i get whatever which is the route we want to take we do not want to be bought out no matter what we want to go public and when you go public as soon as it goes on the market all the shareholders have a certain amount of shares in the company they can sell bible shares with print shares all nice okay the way it works is this one the the first ones are worth less but they also get the most money on the back end meaning they invested a thousand dollars the company's worth 10 million now when it's worth a billion they make even even though they're ten thousand dollars worth only two thousand dollars now because what they can imagine infinity raises that 2000 becomes a thousand times so they can make two million dollars the early investors in the grocery companies are multi-millionaires right and wework right nish moishi a lot of money in the wework sale at the end when it's google and doing it but it he was from an early investor and we work and when they were worth then they crashed but when they were this technically voltage [Music] so it goes by every round so the risk i got we've built out very complicated architecture the the the platform alone is worth a lot of money now we can sell it to trump's platform trans platform is terrible mechanical coil from their platform he has four million dollar right right even though we only put in five six hundred thousand dollars but i like the effort and the because we built something right it's like you build a house is that that alone now new investors come in they already see us do our platform so maybe i'll climb the box against this against the platforms do apps there's mobile there's all these different things going on and ok next round they come and they say okay this is you have a hundred thousand users you have you're growing every day by this number your engagement with visa manipulate is it's in in you know of the platform which by the way for us is very high compared to other platforms viewfield user active users active users so i mean we have about fifteen thousand a little bit more than fifteen thousand right now which is very very little right and our goal now for this year is to get to a hundred thousand a hundred thousand investors comfortable right so series a little emotional who we thought were already talking to big investors you know they're they're waiting uh some more users some and so the risk goes down in manhattan was raising money you can't get in they were raising money still probably a couple years ago big businessman but you get it at series e let's say likes that are 56 million dollar you're only getting two or three times because then it goes public risk v major but he has a very small risk so you help he knows the company's famous rate it's worldwide it has millions of users like 150 million dollars it becomes 100 million off the backs like a freak like what's that i have uh how about pull boxes in the back of my truck wow at what point do you start making the money because you didn't invest the penny you said yeah once you once you start okay obviously i'm the biggest shareholder me and my partner equal right with money or with we own shares obsessed with money i'm saying i had it no you're the so right so once you start raising millions and millions i mean 100 million dollars you see the big founders are big companies they take giant pay giant to paychecks you run a big company sometimes you're not the ceo sometimes you only have shares the ceo makes the money so that's obviously guys are you at the point where everybody has been and your investors are in charge once you're that big your investors are in charge right they tell you you want to know you're at the point what point are you in there we're at a very little point business is making money yet though no we're not monetizing yet the minute you start monetizing you're in public you want to put ads on right first of all that's that's the way everyone monetize on on a platform ads you kill the whole experience if you're coming from another platform kim's to hit okay knock ads push the seat so you have to do something unique so in our case we can monetize a lot so typically you can monetize only once you have like whatsapp a billion users users yes we got like this business they're starting now if they if they put an ads you wouldn't be using it so they had one goal users use this is the only goal you have as a platform we are social and sas sas is a software as a service this is a tool trello like click up like zoho like anything else that you use quickbooks quickbooks is a sass you pay 50 a month subscription and so we can do this a little earlier so we plan within on 20 in 2022 you know yeah products and we're going to charge for certain use you don't have to you don't have to use it you can use the free version but at that point we start monetizing but when you when you're building a serious company a serious tech tech platform you have to think of your burn rate twice a burn rate might yeah yeah so your burn rate will be your your budget your monthly budget has to be at minimum a hundred two hundred thousand dollars a month minimum and even when you start monetizing grocery companies making a million a month you're talking if you're doing a million a month you're already valued already a hundred million now yesterday to the stock market council anderson's investor market rickshawn and already those crazy evaluations are coming down but typically once a platform starts monetizing but they have to see they look at how you're going to scale they look at the lines they look at the users and they see your vision and they they say okay they manage [Music] was raising guilt for startups was then busy building tech startups um and stu grad in the amazon space a bunch of citizens was bowen startups was maybe it won't go to a billion but you're talking about real businesses so people are starting to invest people are starting to invest and i group a bunch of siddhis and it's a startups what secures you number one as the of kathmandu i'm going for myself and i'm gonna do the same idea number two the second question is emoji milstein's okay that's a very good question really it applies to every business debate some real entrepreneurs there's real the real deal people visionaries that build real businesses never ever care about competition you only care about competition enough to know that i'm going to do it better eat me at him for an event yeah the grester high mission amazon event i'm good friends with them asgtg ed rosenberg it's an amazing show every year this is the eighth year if i launched an event amazon event let's do it and we are now building our next event it's going to be the biggest amazon event that that's ever been ever existed why while it is this is a competition this is uh this is you if you have an idea there's a vague follow it all the way till the end and that's it there's there's no so the guy stuff on the highway and there's no exits okay it's that electric car you have to stop [Music] exactly and which means typically it's a mistake my whole life i made this mistake when you you have something in some get the vibes get the jokes right and we got business right actually i'm in business it's the worst idea in the world because can't call in the skill sets then the zelda it's going to buy the machine jokes and then buy the creative but you kind of program in the cancer's program so now we have to hire now we have to pay when you hire when you go with a to go with someone who has a complete hello goonish dumb family nicholas nothing is the same just take the opposite absolute skill set opposite personality the mushroom of a vendor right i have a partner of two partners questions from the upcoming guest why mac left power oh so let me sit against the from a second a real estate event in his backyard out outdoors shane i saw that i said i told him let's do a little amazon event as a barbecue tom service style okay let's do it live who three years ago he called me said hello this is joel yeah uh you do you're busy with amazon events you speak at events yeah can you help me i want to make an event for hope organization [Music] they raise money for one-time needs in the family i thought this is a sick accident jail whatever support the family if there's a one time zach so they want to do an amazon event amazon event business trade show okay and three years later he calls me i hear you trying to do another event i also wanted to do another hope events and he said i don't know see i said listen event you want to join me she says i already have sponsors that want to they they had a good business event it was a good event they want to come back and and spend money i said let's go i said okay can we do it massive for hope i said sure no problem so we built uh our first event the grands appointment is a man industry citizen he's a little bit like me he likes to have fun but he has very different skill sets i want you to i want you to be a hundred thousand dollar sponsor no why it's too much why and he fundraises the same way also and he's fantastic he sees the money and he goes after it he's ambitious very ambitious but he's got also very different skills he's a salesman he's a good salesman so the three of us got together event in liquid smashing success we did an event in florida a thousand people 70 booths ah speeches 16 speeches every 30 minutes on the dot even a speech music parties dj hookah bars with cigars mistakes there's a full fledged event and we were in business and we we did another event and now we're planning even bigger event in florida but also from three partners that each one has a different completely different role and from there two months ago we started another business we helped amazon sellers with one of our coins in the businesses industry amazon sellers you heard about this aggregators slippers into companies amazing flippers okay from aggregators aggregators [Laughter] and they buy your company and they buy 100 200 companies and they raised billions and billions of dollars other trump billions and billions one company raised 5.6 billion dollars last year when the supporters needed i don't they pour their but so we said it was bringing that's our show and bringing this out of the health of the transaction so we started a company for that question before our last event which we made a special event it was called the aggregator show and segment for their companies they billion dollar companies with kim and coiffin com but kim and koi from sellers into museums 550 amazon indians people from all over and we got introducing a show meeting spaces lounges breakfast lunch speeches entertainment my guide from the sharks in mac is quite called first year dish so english he's a writer also and he spends a lot of time and empty as i thought and he ate the post wasn't smacking for the event usually some formats came to rose you know proud to announce you know and so down the description because then this goes this goes on what i'll put it up on the screen after whatever okay and this goes on on to post the machine up this sponsor usually is a format decided came out the wrong way in politics but he didn't mean it but it was the wrong timing it's again by the russia war and seeking reps are post as a left field this exam cd flat viral this it went on the reddit the device was read it went on to every platform in the world millions and millions and millions of you sigma plus a certain sat from the it was the wrong post and it is and it was attached to the business it said pow wow we were [Music] we are sad to announce that we're firing mac suspending mac this is we condemned this was no sensitivity sorry we had we let them go we had an event five days later which we spent half a million dollars on and say this one's backing up that one's backing out so this at least helped us that we said listen fired apart from the business and and that's what happened and yet for the next show uh so is but the business it doesn't work the same way so they have to re-evaluate so a lot of them are falling apart the kids in some challenges their problem but finds out the responses we didn't want to show them they're mostly go if we didn't want to show the ah we put them out we're taking them right back next event and that's it yeah so they are kind of logical situation we had to do what we had to do that was a packed question what who told you this is [Music] he doesn't care about anything he just wants to take care of them stay in yeshiva have a good time lean dry minute and that's it so i helped out but nothing in catskills and i was wrong with the boys here and there so a couple of uh days a week i helped out about six years ago or so wow and you got a title yeah [Music] but how do you handle feedback feedback i love feedback i used to hate feedback because i used to think i'm smarter than anyone else which is why i didn't accomplish anything in my life in healthcare so i was never very good in accepting feedback or the new ideas and these days especially with a platform that it's about everyone that's not about me if post videos and pictures of people say hey why don't you post any more videos so i started i started really faking first for people and then it becomes real you start hearing what people say and you start idea so these days i take feedback very well but it took me many years to take feedback well is there a way to get into that space like someone throw something at you as a feedback criticism you have to have some fails i had plenty of fails in my life and it automatically humbles you there is always couples [Music] and you start you change you start seeing things new and i think when you do that can step back the position helps another dimension because devastating and and you can build better things you can do better better things because the ken's number advice and they can say under the under the perspectives in the business world yeah um [Music] one thing that i always go back to um a few things coin call most people spend entire lives of them you don't know who you are if you don't know who you are you can't live a productive life ins my parents were wonderful parents they did the best job but business was i is and everything to make money before his business built up i think it drive the bus while i was getting free from seagate park the bus in seagate food and fun above school and he was drinking transportation guy turning him the bus and and then he came back he worked on his business and he went back and picked us up and he worked back in his business but business agreement that's it the old old-fashioned business people i feel like they're both empires they didn't care about nothing building today we're learning that if you put yourself into something that you're passionate about is that you need to know if you don't know if you're out there and you're watching this and you don't know what your talent was personality the host was skill sets ask people for yeah okay so that's that's one big lesson and the other thing is if you really want to build something big that's the kicking of scale that's where i'm going and every step i'm taking right now is a brick that i'm building let's do is watching the clash of friends family that like but this is a philosophy this is i'm not uh i'm not anyone i'm not here to teach anyone anything this is my philosophy that when i take an action today i'm only going to take this action if i know this action can be multiplied chosen to move [Music] as next to europe same thing with the platform i'm building a platform every step i take is with the idea that there's going to be millions of people doing this action so tom of the action sense fifteen thousand mentioned that you have to build for scale that's it if you want to build a podcast in term of eye stars the episode can see him hinder professional the most professional froome thing you've ever seen that's what you say the emails are gonna like english subtitles you're gonna get ten times the amount of views point is that when the birthday podcast but you have to build it in a way that's going to go all the way it's my beautiful podcast studio because it's fit for uh for you know elon musk appreciate you having me i know it was a long time back and forth but is a podcast this is real i love it real energy thank you and uh thank you yes [Music]