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Sold four companies before age fifty - Shai Stern CEO GoTavi
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Auto-generated transcript. Not time-synced to the video.
Hey guys, welcome to the Clappy and
Frank show. We have the great honor of
having Shai Stern who I met maybe five,
six years ago. I did an art show in
Vale, Colorado. I almost didn't sell a
single painting
>> and this high energy guy rolls in from
LA
and probably had Rahman send me and
bought a few paintings and then became
my and then uh he became my best love.
Right, Chai? Is that what happened? You
remember it?
>> Vaguely.
>> Vaguely. It was a great time.
>> I thought he was going to hang the
paintings in his house. I was in his
house recently and I did not see any of
the paintings hanging. So,
>> he threw them in the garbage on the way.
>> Truth is, I don't recall what happened
with the paintings and where they are. I
apologize.
>> Shai um exited how many? Four companies.
>> Four companies.
>> Sold them at a profit, I'm assuming,
right?
>> Yeah.
>> Hashem.
When you built a company, do you build
to sell or you just
>> Never
>> never. You never build to sell.
>> No, no, no, no. Each company has a
different story about how how we had to
stay out to Deshmaya to get into the
business, how we got introduced to the
market, what we did to try to grow it,
and then um how it ended up that the
business got sold. Um but each one of
them um our goal was always just go
ahead and sell just go build not sell
the company build build
>> sell product make money
>> sell products try to see as just go get
clients just go get clients and hustle
>> and then outcomes happened but it wasn't
at all built to sell.
>> So every time you build a company it's
never to sell. It just happened to be
someone offers you enough money you
sell.
>> Each one of them had a unique story. um
just a unique story is how these things
came about and I sat with
>> some examples.
>> Um so when we when Seth Farbin and I um
we partnered up to build vintage filings
and um we went into an industry we had
Seth knew really what he was doing. I
didn't know so much what I was doing. I
still don't know if you asked me to
Edgarize a document.
>> Just to age yourself you're about 50
years old.
>> I'm 51. Yes.
>> And the company that you're referring to
now is the first company you built.
>> First company.
>> And how old are you
>> then or now? Then
>> then um so we started the company I was
27 28
>> and we sold it I was 32 um so that's 2
years older than me so we so age was
never
>> vintage what what did the company do?
>> We provided SEC filing of financial
print services for publicly traded
companies and uh our clientele were
every publicly traded company. So we
were our mahaloc was at that time was if
I can get a 100 attorneys to send me 10
clients each every single year I'd have
a thousand clients a year. That was the
whole mahalak. So I just ran around the
country and said let me just go find
meet attorneys. They met attorneys went
to different conferences found
executives at publicly traded companies
and we just asked for their business and
then the business got a reputation of
being better.
>> If you were an ad an ad marketing agency
>> no what exact what exactly did you do?
>> No. So if you were if you're if you're
if you're a publicly traded company then
you need to file with the SEC your AKS
we sell ads all day for the show. So
security security companies that pop who
traded security exchange companies they
have to file with the FCC like yearly
like reports regulations
>> with the secities exchange commission.
>> So you what you did was you help them
>> so they have to go into a certain
format. That format is called Edgar.
That's the that's the format. Okay.
>> It's a formatting service. It's just a
side of a business. It's a side of
business that
>> that needs to happen. That's nothing's
ever changed. Just needs to happen. And
we
>> So we're educating our client our our
viewers into business at 27 years old.
What made you think of this company?
>> Um so I didn't it wasn't my idea. It was
Seth's idea. Um, so Seth and I, we knew
each other because I grew up in Tene and
Seth's wife's from TK and uh, at that
time we were Z to be um, outside during
Yiskar
>> and I was looking for something and he
was doing something and I said, "Hey,
Seth, what's going on? What are you
doing? What are you doing?" And then I
said, "Stop. Let's talk tomorrow." We
met by the way um, it was literally like
the next Ykar that right before then I
had seen in a story about Rebbitson
Kanevki. the Rebbitson Kvski um she said
that as long as her parents were alive
when she was to go out during that she
would go out she wouldn't and she would
say to him as a gratitude to Hashem that
she was able to go out during so since
that time afterwards I never spoke
during as long as as long as I was
>> once you got the business rolling
>> once the business was going so I was
like Seth you know
thank you I didn't see the story before
that but you know but afterwards you
know the business went it was a funny
story but I tell my kids all the time.
Please go outside and don't talk. Say to
him. Is she Is she still alive?
>> No, she passed away.
>> Because I think art school just
published a book about Reverend Kaneki.
They say she was a big sadist.
>> She not that they say she was. She she
she was from the biggest to live in our
generation. Well, Yashu's daughter um is
Yes. Kadash and uh she gave away her bed
to to lunatics and homeless people um
all the time. Just an amazing amazing
sadas.
>> So, how'd you find your first first
customer? Um so um again just showing up
at different events
>> events
>> it was um I used to when I lived in
Cedarhurst at the time I um I used to
domin at the 10 to6 shock minion at the
young Israel of Lawrence Cedarhurst at
that time I was not so into domining.
Meaning I think the second I said
Kadusha I was out. Um there was a bakery
on Central Avenue. It was called the
Himaisha bakery and Derish Clar was his
name. This guy from Williamsburg. He was
outside at 610 holding a coffee and two
chocolate danishes waiting for me to go
into the city and I was in my car and I
went straight to the city. There are
times at the beginning where I bumped
rides to get into the city and we before
we even had an office and I get into um
either then Starbucks was really getting
going or I went into uh you know the
Sony building they have that atrium.
>> Yeah. Yeah. The pizza shop kosher pizza
shop in the atrium is still there.
>> I don't even know but then there was
nothing. This is like when Nike was
start first like the Nike store opened
up there. There was an atrium. I sat
there and make phone calls. I'm begging
people to let me go in there and see
them. Um and then slowly I met this guy
and that guy and I said just give me a
shot. Give me a shot. And then we got a
couple of shots and then there were
different times where people were
willing to give us small shots and then
we got bigger shots. Um and then Seth
got very nervous um because Seth was
doing all the operations and we got
companies that our whole play was let us
get companies that are really small
publicly traded companies cuz if we mess
those up it's not going to be so bad. Um
and then we got opportunities bigger
ones and Seth was like and I said Seth
it's a document that's all it is.
Numbers are numbers.
>> We constantly see this with big business
people that come on the show. People are
scared of success. You're scared of
failure, but you're scared of success
because you're a new business owner.
You're 27 years old. You're in the lobby
of a building without an office and a
big company wants to give you a shot and
you're scared of success. Um I I don't
know if it was scared of success. I I I
first of all I I don't I have no fear
>> and Seth is not he's not a a person
who's afraid. I I think here was that
theas
>> and we we take the responsibility of
what we are providing for our clients
very seriously and we don't want to mess
it up. Um that's a big horizon. So I
think we took that very seriously.
>> They started with penny stocks then you
went to
>> um I never used like they were penny
stocks. What was they were called the
small business companies that their that
the that the um that their regulations
were different or the penalties of their
filings being delayed or mistakes was
not as severe as larger companies. So
also the smaller companies were the ones
that cared most about the money.
>> Um they got a good price.
>> They got a great price. And there were
three companies that if you were Google
or Coke or GE versus you were Kamyangle
in Barark or a small company in you know
Oklahoma they charge you the same fees
and these guys were like no way if you
can save me half the cost we'll go with
you.
>> Just curious what were people using
before you? I'm saying they use other
companies
>> other companies. So there were there
were three in that industry there are
three multi-billion dollar companies
that um that owned the market. They
owned the market and we just went in
there. We said we're better, faster, and
cheaper. and we just hustled
>> better, faster, cheaper.
>> Did they end up buying you? One of those
three.
>> Um, not one of those three bought us.
All three of them threatened us. Um,
which was a lot of fun.
>> Um,
>> please elaborate.
>> Um, so one of them invited us our
offices. Um, when we finally got to
where we settled in
>> when you got out of the hallway at the
atrium building.
>> We got out of the hallway atrium. Then
we bummed an office from a law firm at
50 Rock. Then we bummed an office from
uh an investment bank at 90 uh at 90
Park Avenue. Um and then finally I
begged an uncle of mine who owns um a
building in the city to let me have a
little space. So then we ended up
getting no space there and that building
is where Laare is.
>> And uh so Leay became our corporate
cafeteria and one day one of our
competitors says you know can we buy
lunch buy you guys lunch? Can you come
down? And so we went to Lamar and they
looked at us and they go either sell us
the company for this number or if not
we're going to put you out of business.
And um I said have a nice day. Good
luck. and we walked out, went back to
the office and then I just started to
call
>> not enough that we were going to it was
more than that but it was um
>> 20
>> the numbers are irrelevant. It was it
was that we we felt our value was
greater and also we weren't going to be
bullied.
>> How how quickly did you get an offer to
get bought out after you started?
>> Five years. It was 5 years later. We we
hustled like we we really really
hustled.
>> You said in the beginning 5 years later
but I thought this conversation was
sooner than 5 years. It was how quickly
>> it was on the fourth year. Fourth year.
Fourth year. Yeah. Fourth year. Meaning
>> Yeah. It took these businesses take
time. They they do. They take time. And
also um what matters to us like to me
and Seth I is that we were looking to
feed our kids, right? We we're young. We
families, little kids, we need to pay
mortgages. U we were focused on stuff
that we needed and then Hashem blessed
us that it continued to grow. Um, for a
big company to buy you, you have to be
bigger than a bunch of frunk kids
looking to pay Yeshiva tuitions. They
want it to be substantial.
>> At what point did you decide to sell the
first company? What was
>> we never decided to sell it? It was
never a decision. We didn't hire a
banker,
>> right?
>> Um, the we were there was some
conversation that came our direction.
Um, we weren't interested and um, one
day I got a phone call. I was driving
back from Manhattan to Cedarhurst and I
got a phone call from Asia and some
Asian fellow started to speak in a
dialect, let's call it
>> Cantonese or something. I
>> I wouldn't know the difference. And um I
I said, "Look, I don't understand the
word you're saying. Call Seth. He's much
he's a nicer partner." And he has more
patience. So he called Seth and I got a
phone call from Seth 2 minutes later. He
goes, "Do you know who that was?" And
I'm like, "No." He goes, "It's Eugi
Chen." And I go, "Who?" He goes, "U
Chen." And I go, "What?" Like mugu guy
pan. And I knew if he was ordering it.
So he I I go, "Steth, I don't know what
you talking about." Eugi Chen runs PR
Newswire Asia. And I go, "I still don't
know who that is." He goes, "Well, Eugi
Chen is the fellow that in PR Newswire,
they put out press releases. He's the
one who cut a deal with us. Seth really
did all that. That if um a Chinese
company that is trading on the US
exchanges needs an AK um they put out a
press release with PR Newswire. They'll
send us to work for the AKs and they
were sending us I think a couple hundred
clients." He goes, "Well, Eugi Chen
called up that his CEO, who's based in
London, is going to be in Manhattan next
week. He wants to buy the company." And
I said, "Okay." Like, "You want to meet
him, Seth? Like, what do you want to go
do?" He goes, "Yeah, he seems like a
nice guy. Eugi's given us business.
Let's go meet him." So, Seth and I, it
was the first time, by the way, in the
five years that Seth and I went to a
meeting together, meaning as partners,
we had the following rule. Like,
literally rule, we go to separate
meetings. Like, it's repetitive. Like,
why would two partners show up in a
meeting together? It's silly. So we
never in all the years we're never in
the same room together and then we said
to this guy Charles Greson was his name
and we go you know you're the first time
in five years we're actually sitting in
a meeting together so I don't know how
we're going to do usually we get one or
the other and it was a very fine meeting
and then it ran its process and we
accepted it but um
>> were you bored the next day after you
sold
>> um what was that feeling like
>> so we had an earnout we did have an
earnout there was a moment
>> earn out the payout
>> an earnout that said that over the next
four years if the company performed
forms we could earn
>> additional additional money.
>> Um it was interesting that the the day
after we sold I was going for a walk
with her by waxman. He was coming to the
upper west side for an event and I said
went and I was living in LA. So we went
for a walk and I go Reba now um
I need to understand how to process and
how to how to manage through some of
these things now. And it was it was a
great great conversation. So it's um not
much changed. We we got to you starting
the company, new into business, 27 years
old. Uh you're in the hallway of of the
Atrium building begging people to give
you a an appointment to get into their
company. Companies are starting to reach
out to you. 5 years later, you get
bought out by this multi-gazillion
dollar Asian company. But a little bit
of the in between
>> was a UK publicly traded company. UK
Asian guy that called you.
>> Yeah.
>> And they were a big client of yours. I
want to get into the mind because most
of our people listening, they want to be
educated in the world of business. What
was the levels of success in those five
years? You had your first hire
>> by the time you got bought out. How many
people worked for your company? How much
money was coming in? I'm just rough
ideas. Um there probably were I don't
remember. Seth might remember these
details. Um Hashem was blessed me with
like certain at times over certain
details. The um we probably were 50 60
people. I
>> 50 60 people maybe more. I don't
remember. It was you know we had made
one acquisition. And we bought we bought
a small comp competitor that was
actually was funny. This woman was was
running an Edgar company based in uh
Louisiana, but she was focused on mutual
funds. Um and we met her for we did the
whole deal over the phone. Seth did the
whole thing. And then um one day she
says, "Hold on, I'll be right back." And
she came back. She goes, "My husband
just came into the house." I'm like,
"Okay." And her husband was a
professional turtle catcher.
>> Turtle catcher.
>> Meaning I mean I could It's just so
funny. Like literally he would go
>> You're a fancy Manhattan guy.
No, we're we're a bunch of, you know,
guys from Brooklyn and New York and the
five towns and we're talking to a woman
whose husband is a professional turtle
catcher and when you asked her what that
her day consisted of, his day consisted
of me putting on going into the swamps
where there are gators in Louisiana and
trying to fish out.
>> So, she didn't know if her husband was
going to come home at night. He might
get eaten by
>> She did not know that. And I guess this
SEC filing business, he's a turtle
catcher and she's running SEC filing
business, but and Hashem architected us
too from guys. So you hired 50 60
people. So you learned at a very young
age how to hire people and who not to
hire. Tell us people watching the show
when they have to hire their first hire,
their 10th hire.
>> Yeah.
>> How do you do it?
>> Um look, everything is just incredible.
Sat Deshmay, it's just
>> at every step of the way. Hashem is
architecting. Um our first couple of
hires, um
they were cracker jacks. Meaning you
take what you can get and you really
dive in that they that they deliver.
Today the world is that was 2002 2003
where you didn't have LinkedIn you
didn't have a lot of ways to check in on
people so we looked to our competitors
and we said if we could hire from our
competitors we'll be okay
>> coach
>> um so we I think I don't even know how
we put ads but we got um Rudy Singh um
this fellow came I think he was our
first one to do Edgar Rising for us
Steve Yakabov came to us he worked at a
competitor great great guy we're still
very friendly with him but if you could
grab people from your competitor isn't
that the same type of worker that the
next competitor could grab them back are
they not loyal feel like how does it
work? So,
>> what's your question?
>> No, it's a great question.
>> People mover. Yes, they'll move. They'll
they'll move again. Upward mobility.
That's it. They wanted
>> It's a It's a great question. We were
different than our competitors. Our
competitors were stodgy big
multi-billion dollar companies where
you're capped like you're doing a
function here where the appeal was
you're coming to a company with two
entrepreneurs. We're going to go build
something. You're getting in ground
floor to enjoy to enjoy the ride. We did
not get that.
>> Did you ever give shares? You don't
believe?
>> We did not. We did not and
>> any of your companies don't believe in
that.
>> Um the some of the co-founders have
shares. What we did do was when we sold
um the company, we gave the key managers
nice bonuses.
>> Shai, the day after you sold, what
should people know? What how much of
your life did change and didn't change?
>> Um I still went to my 5:00 in the
morning.
>> The next day?
>> Then absolutely the next day. I mean
there was those things. Look, we're Ben.
So as a bentora your your routine
the scorecards are different. The
routine is still the same routine. Why
would it change?
>> That's
>> Did you go take a trip to Europe with
your wife? Like
>> I don't Europe. I don't do Europe.
>> Is what was your
>> Did you like say I want one day I want
to do this and then you finally able to
do it after you sold or nothing?
>> I don't I don't recall.
>> You buy some watch some watches.
>> Um I I
>> No trophies.
No, I I you know I was able to give
stucka you know in in ways that I didn't
wasn't able to prior that was very
exciting to me. Um
what should people know who think who
are my brother suggested this question
they think one day I'm going to come
rich I'll get a good shock or people
respect me more what does and what
doesn't happen and what are the
misnomers
>> post exit
>> so all those things are false respect
does not get
>> given to you um it's the way you work on
yourself meaning if you go into shul and
suddenly you walk in one day you sold
your company and suddenly you walk in um
and you smell from what you consider to
be expensive cologne and you wear fancy
shoes and a belt and a watch and a
different car. You don't earn respect
that way. People look at you truthfully
whether you think it or not. People look
you like you're a clown.
>> Um that's clown behavior. Um what people
respect is a guy who knows how to learn,
a guy who's humble, a guy who's kind, a
guy who was able to, you know, someone a
very smart man said to me uh years ago
just reminded me of this that a lot of
times we go into Shore Friday night and
we go, "Habas, gachabis." And he says,
this is a guy who's not from but very
knowledgeable of our community. And he
goes, "Do you realize how just fake that
all is? Gachabas." No one ever looks at
their friend and says, "How was your
week?"
Simply now if you ask somebody honestly
good shabas how was your week you'd be
surprised that there are those who will
say oh amazing and there's going to be
that one guy who's going to look at you
and say can I talk to you for a minute
you'd be fascinated by it so um that I
think that that people look at and first
of all shidim have nothing what to do
with money
>> nothing
>> nothing really they really do not um
>> how come I see certain families that
only marry rich people
>> that's a them issue
>> a them issue okay
>> that's a them issue that's That's not
the way. That's not hashically correct.
>> When you look for your kids, you look
for rich people.
>> Absolutely not.
>> I look for a Torah. And I have four
amazing
one. Every one of them we love. They're
great people.
>> You didn't care about their finances.
>> I never once asked.
>> You never asked.
>> I never asked. It wasn't It's not my
barometer, not my scorecard.
>> You know, are they a Torah home? Are
they good people? Are they going to be
warm to my children? Um, you know, does
the father learn who's the Reb? Like,
does the kid have a Rebi? need this it
midos it just I was raised differently I
was raised in tene I didn't I was raised
by just amazing parents that um my
scorecard meaning it would be echelic
for me to ever ask that question you
know how much are they going to give
what's their money are they generous
with the other mutan I never want to ask
>> I just got back from Israel last week I
was there for eight days and you hang
around certain parts of your shim you
see hundreds if not thousands of young
couples and papagato you Papago. You
could see Yeah. Yeah. Whatever. Papa.
Yeah. Papa. You see that they're wearing
the American designer clothing and the
belts and the shoes and the watches and
they're officially learning and she's
like the home wife and they're living on
the credit cards and everything,
whatever. And these people
hashkuffically maybe they didn't grow up
in Tene. They want to specifically marry
people that have money that they could
sit in Kyo for a few years.
>> So the world is watching.
>> Yeah.
>> What is the answer? You're saying no. We
don't. It's mid. The Benet Tyra are
looking for families with money.
>> Yeah.
>> We can't. It's a fact. Correct.
>> And money is important. There's no
question about that either.
>> So, how do we value? How do we say we're
Tyra? We're Tyra people. We're Hashkafa.
But the Tyra community are the ones that
are looking for the money the most that
they can sit and learn Tyra.
>> Wow. I love the question. I'm so happy
this came up. I I love this question.
>> But hold on. I have liquid cousins, no
money, and they're learning all day. By
the way,
>> that that's true, too. And they're who
also have no money. You know, Rab Waxman
told I was ner um a bunch of months ago.
And
>> you keep saying Waxman. Tell me about
Rabbi Waxman.
>> Um, so he's one of my closest friends in
the world.
>> He's a RV where
>> Fry Waxman. Yes. He's a Russa Mory
looking. Um, and I've been very close to
him for
>> So he's the guy that did when you got
the millions. But before you sold the
first company, you asked him
Parishkuffa.
>> It was before that. It was the most more
important question that I asked him was
the first question I asked him was when
we first started Vintage Filings, my
wife and I went down to Muny and my
wife's grandfather was sitting ship for
her sister. So I made two stops. Then
this is 2003 and um I said to my wife I
want to make two stops in Muny. I want
to get a bra by and I want to go and ask
her by wax and one questions cuz who is
he? And I said I know I knew of him
because when I went to Manovv as a kid
he was like the legendary
>> Manov Manov as a kid.
>> That's like a modern orthodox camp.
>> No it was like a Brooklyn that back in
the day was a Brooklyn camp.
>> Manov teen by the way when there was
neighborhood day.
>> Um so it was uh there were four teams.
Burough Park, Flatbush, um, All City and
Out of Town. So, Flatbush was Flatbush,
Bar Park was Bor Park. All city was like
Queens, the five towns, Crown Heights. I
didn't anybody from Crown Heights came
to my out of town was like T-neck, LA,
Miami, Antworp, Israel. Antworp and TK
are the same.
>> We were in the same place. So, guys who
knew how to play ball and guys who
weren't like knickers playing ball were
the same team.
>> Man was more kar than Emma, right? Or
>> Yeah, it was more right Waynew Yeshiva
camp. I never heard of it, but Manov
sounds like modern like Manov, I don't
know.
>> No, it was it was called Manov. So, I
knew of accidents. I went down there and
I had one question for him. We went to
meet him and I said, "Look, I'm building
a new business and I know I have to
learn. I know I have to. I know it's
non-negotiable, but I'm I'm failing at
it." Meaning, I had a friend of mine who
was kusa. We're talking about raising
families.
>> 2003 is pre- Bournestein, pre- Dafi, um
the famous, you know, Stfansky. There
was today everybody's so cool. They have
all these popular guys.
>> Well, those guys are incredible. I mean
those guys are the heroes of our
generation today. What they're doing for
Cla they I mean Sulie Bourne and Ellie
Stfansky are beyond the next level
contributing to to Cla Israel like
beyond like just I I am in awe of them
and we all have to have incredible
>> we on the phone with a big knocker a few
days ago. He said that good is not
giving them enough love and attention.
>> I don't know it's not my tell us
tell us why they're such great people.
Um or key how many how many tell me them
>> 24,000.
>> How many does how many do they have
cumulatively?
>> Hundreds of thousands probably.
>> There's your answer. I mean there's your
answer. People who never learned before,
people who stopped learning or people
who weren't interested in learning are
now committed to learning Torah.
>> Period. There's no
>> I took you off track. You went to meet
Rab Wax. I asked him one question and he
said about Terra what you
>> and I said to him, I know I need to I
need a system. I need a system. She said
to me, go find the biggest come in the
five towns and cut a deal with him.
>> Who was it
>> at that time? It was Schm Keller. Keller
Kellerman
>> West Hamstead
>> West Hamstead son. Um at that time I was
able to afford we negotiated. I was able
to afford $600 a month and we learned
Duffy and then afterwards Denil Bach who
was a big
>> He worked with you for $600 a month
every day.
>> Every day.
>> You paying like $4 an hour. I'm saying
the numbers don't add up.
>> Well well well again he's he's a ber
from West Hamstead. 600 bucks is a lot
of money and two is experience and three
>> ex got taken care of. No, no, he he was
out he was out by then, but uh he got
married. But we we developed a great
relationship and it was it was a great
opportunity.
>> How long did you work with him every day
for?
>> It was it was adopt. So 45 minutes to an
hour, whatever it was
>> in person.
>> In person. Yeah.
>> No Zoom BS
>> that there that wasn't in existence
then. But also learn
>> look everything you have to know what
works for each person. Um, someone, you
know, last night a fellow came to my
house last night and I asked him point
blank, a young kid businessman starting
his own company. He's married with a
couple of kids. And I asked him point
blank, "Are you learning? Do you learn?"
And he goes, "Not a word. Not a word."
And I said, "Why not? I'm tored. I'm
tored." I said, "That's not an excuse."
So he goes, "What do I do?" Watch, I
don't I don't like Misha. I don't like
him. I got thrown out of I said, "I'm
sorry. That's not an excuse anymore.
you're raising a family. It's not an
excuse. What should I go do? So, I said
I I said, "Look, here's my humble
recommendation. I'm not your rabbi. You
need to find a rabbi. Ask whatever you
want." But I said, "Or our school did an
incredible job with the paleoits."
>> I got I got I got a two volume set from
Kosher money. They had a thing you fill
out. It came in now. All four volumes
are done.
>> All four. I got two of them.
>> And the reason why I recommended to him,
it popped into my head is I said because
the pelleoit touches every part of your
soul through the olive bays every single
day. So every single part of your shame
goes through through the olive bay. any
type of subject through Yiddish guy it's
going to go through and I said three
pages a day 30 days let's pick up in 30
days you know so I asked her this
question and then over the years
wherever I moved I coordinated the best
>> in person
>> always yeah
>> cuz I do one only on the phone it's
>> no on the phone is in a da
>> in a sh what you're very interesting for
many reasons but you're grew up
then
what was that journey like and what What
happened? What happened? What are you
now? What's your current status?
>> I'm just a Jew who likes and loves all
Jews. But
>> Modox compared to what?
>> So I I grew up in Tene uh in a very
strong Torah home. My father loved to
learn, always did. My grandparents um
his parents, my father's parents, my
Bobby and Sidi lived in Flatbush. Very
strong Hisha family. My mother um is she
grew up on a farm on a Moshave between
Natana and Khadra and my Sab and Safa
from Mkacha backgrounds. Um, great great
Jews, meaning you would love them. Just
incredible Jews. But they were farmers
after the war. They survived the war and
were farmers. Um, but great Jews. They
had a mosh, they had a kadisha. My
grandfather got up every single morning.
Every single morning, got up very early,
had a shir shak after Shak fed the
chickens. Breakfast back to work.
>> What's the Orthodox people's view on?
>> Um,
>> what do they get? What do they don't
get?
>> So, um,
so I want to say this, the modern
Orthodox world, um, cuz we never really
covered on our show.
>> By the way, this cuts both ways.
Basically, the modern orthodox world
might not understand the karate world
and the karate world might not
appreciate understand the modern
orthodox world and both sides need to
appreciate. Number one, we got a lot of
misnomes.
>> So, um number one, the modern orthodox
world have midos par excalance. The
midos that are found in the modern
orthodox world are just beyond
beautiful. The kids are beyond
respectful. They're lovely, lovely,
lovely Jews who all want to do good.
They just really are great people. Um,
and and and they get a they really are.
And I enjoyed it. I grew up in TCK.
>> You about to say they get a bad rap?
>> They they they they get a bad rap in in
not knowing um or not being highish or
they the way they their verbiage like
someone makes fun of a modern Orthodox
friend of mine. He uses the word vort
instead of vart. And I'm like, stop it.
He's learning more than you are. Like
it's silly. Um we have
>> so what are the misn numbers you're
saying they have a lot of midos mo
>> they have phenomenal phenomenal meos and
they by the way they love Israel
>> and how do they wash out in color modern
orthodox they're major zionists and the
are anti-Israel so of course they're
love is say they love Israel because
they hate the zionists I mean everybody
loves their own and this conversation is
so complicated you know I have nephews
of mine that are in the Israeli army and
um they're and I'll tell you a funny
story the year my father died Um I um I
heard about this program from a cousin
of mine that Eritis has a room. There is
a room in Tel Aviv I think somewhere
near there that has over 3,000 creators
still from the Holocaust. You heard
about that?
>> I heard there's a big room with cifer.
Yeah.
>> A big room. And now you can spend then
it was $15,000. They could refurbish a
safe and you could donate it to an army
base of a of boys who are shorter
>> Heather boys and don't have a safe to
for Monday Thursday shabas. They don't
have one. Wow.
>> $50,000 they now can have one. How
beautiful is that?
>> Wow. So I went ahead and I uh and I said
I'm doing it and I said we're going to
go out there when I'm taking a couple of
buses going to throw down a barbecue. I
had the guy arranged a suka there on the
army base. They told us where to go and
one of my rashes friends lie rashiva big
name who I love incredibly dearly. He
said to me
if you give a
to the army base your daughter will not
get a
>> Oh my god.
>> Now now hold on hold on hold on a
second. I gave him a big hug because
culturally culturally he's right from
his culture because at that moment
there's all this conversation she bam
going out right being taken to the army
culturally where he's coming from he's a
gazillion% correct my culture says these
are beautiful boys who are fighting to
protect er
this is one of the most beautiful
stories ever nephew of mine his name is
Sam Golden he's going to be mortified I
tell this story but I say it with the
most incredible amount of pride possible
My nephew Sam Golding is married to my
niece Bina. He grew up in Louisville,
Kentucky. Louisville, Kentucky. And um
he went to Chicago for Yeshiva High
School, went to Karen Byna. Decided he
wants to go to the army. He has to go
now to Miluim. And he calls me up one
day. I'm in Shalim. And he goes, "Uncle
Shai, are you near Gula?" I said,
"Yeah." He goes, "Could you go down to a
farmer store?" I'm laughing because I
have an Uncle Shai also.
>> Okay, you go. And he says to me, "Could
you go down and get me this?"
>> You have the right uncle Shai.
>> What?
>> You don't have the right Uncle Shai.
>> I love my uncle Shai. Yes, as as you
should.
>> As you should.
>> We all want uncle.
>> And uh and he says, "Could you pick up
these michayas for me?"
>> It's one of the best stories. And um and
I said, "Sure, send me a picture cuz you
want a certain Mishnayas." I go down to
Mafia.
>> By the way, my wife 15 years of
marriage, my wife says, "Pick up
something from the grocery store."
>> I need picture evidence every time. You
should. I said, "Send me exact not the
corn flakes for the chicken recipe. I'm
going to get help. Send me a picture.
She can't find the picture, I don't
leave the grocery store. I'll wait there
all day." And so you face you FaceTime
her from the grocery store.
>> Either she says Google my daughter and I
go right.
>> I will not men don't fall for the trap.
>> FaceTime.
>> You bring home the wrong product, you're
in the you're in the streets.
>> Absolutely. FaceTime pictures.
>> Yes. Or if not, I ask a random lady. I
go, "Excuse me, I need to get this." So
uh so I go down to get this Mishnas.
First store doesn't have it. Second
store is trying to sell me a different
divorce than the Mishnas. Third one
tells me this out of print. And I said,
finally I called up Sam and I go, "Sam,
I need to know the truth. Why is this
one Mishnai is so important to you? And
he's heming and hawing and I go, Sam,
tell it to me. I need to know the truth.
And he says to me, he goes, well, the
last time I went to Miluim, one of my
other members of my plug reserves
>> reserves. Okay.
>> And one of the other members, one of my
friends in the in the plug had this
force Mishnayas. And I was able to
memorize the Mishnayas off of this
format of this page. And I was able last
time to finish half a shot Mishna's bal
while serving in Lebanon.
>> This is what he tells me.
>> Half shish Mishna in Lebanon.
>> Mishna while in Lebanon.
>> Oh my god.
>> So I said to him, I said, I'm telling
you now, Sam, the is going to give me
I'm going to find these Mishnas for you.
I went down, you know, ghoul go finally
going to. And I went to the first store
before Manny's, the first one on the
left side, Manny's son. And I went in
there and there's Israeli guy behind the
counter. I go, I need these Mishna.
Here's the picture. He goes, "And I
said," he goes, "How do you know?"
>> So I told him, "These words pop." I
said,
"Text. Hashem has sent me a text right
now."
So he goes to me. I said, "It's okay.
But
so he says to me, I said, "Close your
eyes and say and say, it's not going to
hurt you. I promise it's true story.
sale cardi. So I got second card to my
name. I promise you right next to the
register three Mishna the three that he
needed exactly what he needed. Three
copies. I took three. I took all three
copies and I gave it to him and he
finished the rest of shots mishna in
Lebanon.
>> Sh got to love these kids. Got to love
them.
>> There's a rumor that a large percent of
MOS monorox people that go to college
they all fry out. Is it true? Is it
false?
>> It's false. You know
>> would you tell me more?
>> You know first of all rumors are
stupidity
>> right? They really are stupidity. And we
have to know that people who say things
like that, they're sourced in in
nonsense. But you know, I was at a sima
last week in Tene of a good friend of
mine's daughter got engaged to a boy.
The boy gets up and he says, you know,
in the highish world, nobody speaks.
Don't say Torah by avart. It sounds
crazy, but in the ten world, they go and
gets up and he I got to tell you, this
boy spoke the nas that everybody in the
room had. He said a dartra with such
elegance like a real tomahawk
beautifully articulate modern or people
articulate you know to speak elegance
he's thinking his parents his
grandparents elegance and how this kid
developed this way how does a kid people
say this how does a kid from there end
up becoming developing into a great
bentora and a girl and you know how many
kids in the monthox world are wearing
shaits today beautiful beautiful souls
beautiful the first the colleges there's
two things about colleges after the war
when people came to America America
there was a lot of fear a lot of fear my
father his father though that generation
you know first generation after the
holocaust there was a lot of fear that
kids are going to go off to campuses and
the wabreb was very against kids going
to college because they would what went
on on on the c most of the time they
weren't like now it
>> still does but it's not like it's not
like all the local hamish colleges
and guys going to turo they stay at home
they would go off to campuses upstate
they would all fry out my brother
>> and they would teach or number two this
is still today in 2026 the rumors are
there
you know he's a big saddic when he when
he they came to him and they said from
Turvadas sending all of us to them to
college and your students are all not
going to college they're all going to be
flunks he said perfect he says all his
talid will become accountants and
they'll serve my my tomid's
billion-dollar businesses and that
nvoola came true the saters are all the
big billionaires and the modern orthodox
kids are accountants for their firms
>> lawyers
I mean, look again.
>> Is that true or not true?
>> With your with your purview.
>> Well, well, there there there are a lot
of things that you said there. There a
lot of things that you said there.
Bashem s has great success and in every
killer there are those who are
incredibly successful and those who are
not success. But if they went to
college, they make $84,000 a year.
>> I I I don't know that cuz there are
there are kids who went to college and
and became very successful by going to
hedge funds and investment banks and
being becoming very successful in
science and technology. They're yesesh.
Yesesh. And we have to be able to know
not to put things into buckets. We have
to be able to know that in every gahila
there's going to be those who are there
those who are not. Um look college
campuses today are brutally dangerous.
You know my brother-in-law of Ellie
Marcus who runs yes at the raidal line.
Um he fights tooth and nail to encourage
his tummy to never go to secular
colleges and to go to Shayash and Turo
until Yu. And there there are beautiful
boys like and beautiful girls who are
coming out and building beautiful homes.
beautiful, beautiful Torah Dicka homes
and these homes are magnificently shame
and we have to be able to appreciate
that.
>> I have an MMO friend who owns a media
company and he goes to all the from
events. They said like why do you go to
all the from events like Miy the MOS
they're all professionals they don't
advertise they don't any marketing they
work in a law firm or an accounting firm
or a doctor and the marketing is
whatever he's a small media company he
says I need to get all my business from
the because each guy has a plumbing
company electrician company real so look
>> so the firm world forces
entrepreneurship
>> well on a lack of professional education
will force entrepreneurship both correct
someone asked me recently you know were
you Bobby Sab sab and saf they
entrepreneurs of course they had no
choice they came after
>> your kids college or no college
>> um my girls uh my girls graduated
programs um very nicely my girls did my
boys did not
>> got you that's okay
>> you're a real kari you confirmed
>> I'm just I'm just like it wasn't you
became I dropped out of yu so I dropped
out of yu so I was not a good example
>> so you became more kared after you sold
your companies where was that progress
where did that happen
>> no I don't think I became more kared I I
think that my wife and I, you know, went
through a progression um
>> post exit or
>> No, no, no, no. When did it happen?
>> Nothing to do with I'm just curious if
there was any correlation.
>> No correlation at all whatsoever. Okay.
I I I think the correlation was as I
became closer to Rabbi Waxman as I
became very close in Cedar I Davin by
Spiegel who just passed away
Spiegel.
>> So what year did you become more is
there?
>> I don't think there was a day that I
became more I don't consider myself.
>> At what point did you say my kids don't
need to go to college? You go to Tina
tell he's going to college they call
trial services if you don't
>> I don't know I don't know about that
anymore.
>> At what point did you realize I also put
my kids
>> you know my wife and I put our kids into
more into more right-wing schools at
what point in your life
>> early on. early on I I had my daughter,
you know, it was a it was it was a
moment um when I started Vintage
Filings, I was traveling a lot and
running around the country and one day
the principal of the school that my
daughter started off at started off at
um called me in and uh she says to my
wife, "I want to meet with you and your
husband." And I said, "No problem. Tell
her I'm available 7:00 in the morning or
7:00 at night." And um she came back.
She wants to meet with me only 10:00 in
the morning. And I was brutally upset.
And I said,
>> "She's trying to destroy your work day."
>> Exactly. And I and I said, "I have to
get to Manhattan. I have to work. I I
can't do it." My wife said, "Listen,
she's the principal. It's our daughter.
It's the first one. Bah, babe." So, I go
there and uh remember like it was
yesterday. And she looked at me and she
goes to me, you know, there's something
off with you. And I remember then I I
never had a my wife went to the without
a father. My father was at saddic. I
loved him. We had a great relationship.
But his philosophy was go to work. You
all have to get married, go to work. So
here I was, I'm really working hard. I'm
in Manhattan early and now you want me
to get to Manhattan. take away half a
day for a meeting. I was, it was very
hard for me. So, I go there and she
looks at me and she goes to me, you
know, we have a problem that you're not
paying enough attention to your child
and you should maybe once a week take
off half the day. And she really berated
me about um me as a father. Now, maybe
at 51, she probably was right, but but
at 26 27, it was like the last thing I
wanted to hear. Like, it was like the
last thing I wanted to hear. And um she
went to town on me. Like, literally went
to town on me. I walked out of there and
I go, "My daughter's never going back to
the school again."
>> Wow.
>> Um and I and I pulled her out of school
that day.
>> That day.
>> That day. And she didn't even wait till
the next year.
>> I didn't even wait. And and and the the
reason why
>> school or mo
>> it was it was right in the middle and
then I moved them a little more to the
right. And the reason was is that I felt
there was nobody to talk to and there
was no appreciation. Um, and there was
also a comment about your sche and your
father. And I'm like, excuse me, I just
want to make this very clear that I'm
paying the tuition bills and I have no
father-in-law and I have my fathers at
Sodic, but we're paying the tuition
bills on our own and I got to go to
work. Like I like I legitimately have to
go to work unlike your perception of me.
And I was very very called a friend of
mine. I go, "Listen, I want to put my
daughter in TAG." And my daughter went
to TAG literally the next day. And we
enjoyed it. And then I suddenly realized
there was a very big realization. And I
and I appreciate this tremendously
today. Um I love the game of basketball.
Meaning I love this and I bring out a
very important point. I love the love
the Knicks. Love basketball. I don't
care too much about who wins now. Of
course I love grew up here in New York
and uh
>> of course so exciting.
>> By the way, you're a businessman.
>> Yes. Holy.
>> The Knicks lost last night. And because
they lost last night, there's going to
be an extra game. It's going to go to
game five.
>> Yes.
>> I said I told Moi on the way to the gym
today that's the best thing that could
happen cuz I have obviously and
obviously I also I love the Yidden. I
love the guy. I love everybody. Billions
with a B are going to come into the
economy that would have never been
spent. Tickets are 10,000 to 400,000 a
ticket
>> and therefore
>> people are going to be using millions of
Ubers
>> and therefore
saying it's good for business.
>> I'm saying it's like the most amazing
thing. They should try to like fix the
games to go to seven games or help
people.
>> Off the record, I spoke to a ticket
broker. He said 70%
of ticket brokering in America is all
yidden and like 50% is from people.
>> Yeah. Yeah. The guys who are the
resellers. Isn't it like a cool
perspective? It's so good. Hundreds of
millions or billions will come into the
>> sell more beer and more food and all and
hotels are going to get booked.
>> Yeah, but the but the sports fans are
miserable. Why? Who cares?
>> Because they don't want the risk of them
playing another game.
>> Who cares? Your perspective is all
about.
>> What are you saying? Back to school.
>> Um
>> when you switch.
>> Yeah. So we ended up, you know, putting
our kids in tag and then our our boys in
Dar before we moved to Los Angeles. And
I I want to bring out just one just this
one highlight that I'm that I'm seeing.
you know, I uh my grandchildren um who
live in Shallay, you know, my 8-year-old
grandson who goes to a rather let's call
and when you compare the environment of
a or my more right-wing, I want to bring
out this one little when a when a
someone who's learning Torah says,
there's a certain that comes into it to
understand that
to understand that the Tory is there's a
certain environment. So suddenly like
when they're domining, there's a certain
in addition to the skills they're
learning at a very early age. And I'm
not talking about basketball skills
because my three-year-old grandson in
Columbus can throw a ball better than my
8-year-old grandson because they're
being raised a little bit differently.
But my 8-year-old grandson knows Mishna.
And in different environments, you have
to be able to know that you're gaining
in certain ways and you're losing out in
other ways because in a um school system
during recess, they're not playing
basketball. They're playing with peach
pits. And I'm not saying it because I'm
I'm being I'm making that up. They l
play with these little peach pits.
That's what they play with. They're
collecting these things or dom cards.
They don't play ball. I wish they did. I
I do. But that's the trade-off. And in
each one of the cultures, they have
beautiful elements of their culture. In
Israeli culture, it might be more
aggressive. Modern Orthodox culture will
be more refined and more elegant. But
there are trade-offs. And uh we have to
be able to appreciate each side of it
and what they bring to the table. But I
want to understand what did the teacher
do wrong? She wanted you to be a more
involved father. Um, she pinned me. And
by the way, as I said earlier, if I
would have heard it as a 51-year-old and
not an arrogant, hustling 26-y old.
>> At 51, it's too late.
>> It's too late. So maybe I would have
reacted differently at 26. I was like,
she's my arrogance. Let me I'm saying
this again. My arrogance was this woman
thinks um that I'm being supported and
she thinks that I have all day
>> or your your family was wealthy or no?
>> No. You asked this question when you saw
me outside of summer.
>> Yeah. No, cuz you're saying that that
they assumed that your in-laws are
>> there was Yeah, there was an assumption.
And by the way, there's a big assumption
in our community completely to bring the
podcast so far full circle. You began
with in Shalime all these kids who look
a certain way and they're doing these
things cuz Papa God. Number one,
remember a lot of things that people are
doing are image driven. Just because
they look a certain way or they dress a
certain way, it doesn't mean that's
reality. And also they're obey him. And
the seminary teachers are feeding that
that is the way you need to begin your
marriage. Not everybody does. Not
everybody does. I have one out of my
four married kids started off their
marriage.
And that was a decision for each one of
those couples where they needed to and
where they were. And that's okay.
Actually, one of my couples went there
for Lol. And um I told them middle of
Ell nah, it's not where you guys belong.
Come back. And they're great kids. Now
they're in for a credit card bill. You
want to come back?
>> No, they're great kids. Not these kids.
No, it wasn't them. It it wasn't it
wasn't it wasn't them. It
>> wasn't the right fit.
>> It wasn't the right fit. And and and
there are many couples there. You know,
I have friends of mine, you know, my
listen I could also one of my closest
friends in the world is Resnik who now
runs a Kal and Ashulk
and that's where a lot of these young
couples are beginning their marriage and
we're very very close. We never go out
to show we learn together. We're we're
really brothers and we discuss a lot
around what young couples are facing,
what the expectations are for of these
kids. Number one, for the way they're
being raised by their rebay, what the
Abbeam are saying and the seminary
teachers are saying, what pressure that
is then putting on parents. Not every
parent um has the extra cash to go out
there and support these kids in Israel
for let alone a month, not let alone
two, three years. And some of the
parents are very honest and say, "Look,
this is what you can do. This is what
you can't do. You are budgeted." The
problem is is that we highlight and we
magnify those who live luxurious
lifestyles and we magnify those and
those are the ones we advertise. But
there are beautiful couples there who
have side hustles, you know, who call me
up and they they want to earn some
additional money. They want to figure it
out. They want to come back sooner. They
want to figure out that when they come
back, where do they go from there? Um
they're all types. The question is we're
highlighting sometimes the wrong thing.
It's like highlighting the buckets. for
not highlighting the work that goes into
it.
>> For somebody that had five very
successful companies, somebody exiting
Kyle now, a 24 year old, he sat a year
in Kyle, 25 years old. He wants to get
>> You're clapping. He's got to do five
things.
>> Whatever. Let's say somebody 28, 27 that
wants to enter the workforce in 2026,
next year going into 2027, people coming
out of Lakewood or all other mime terra
in the world. I don't know much about
the economy. I'm in my own little
bubble. I have my own little stuff. But
officially, you turn on the news today,
you open up a newspaper, they're saying
now that the world is changing in the
next few weeks and months, then it's
changed in the last hundred years. Mishi
and I met with a multi-millionaire
yesterday in a big company. We went to
his headquarters. We spoke. He says,
"Did you guys hear the news?" I'm like,
"What?" He's like, "One of the biggest
companies in the world yesterday fired
40,000 people." Who was it? The
>> one of these tech companies.
>> 40,000 people.
>> AI.
>> So for your you have a lifetime of
experience already in business. If
somebody's going into the workforce
today, what field would you say somebody
should get even get into? Yeah. Um, so
one, we have to know that we as Eden, as
Jews, we roll differently than the news.
Let's begin with that. We roll
differently than the news. Number two,
it's not about the field that you go
into. It's about your tuna, about your
personality. You're coming out of Kylo
and you're of a certain talent. So, are
you more of someone who you think could
be an operator? Um, or do you think
you're somebody who could be more into
sales? Are you good with numbers?
Therefore, you want to go into
accounting. So, you have to first take a
deep breath and say, "What am I going to
enjoy?" One, two, how desperate am I to
earn a paycheck? Now, if you're
desperate to earn a paycheck, you don't
have choices at the beginning. You but
you have to be bold enough to say,
reality is I need food on the table and
I have an aas. If I have that, then you
have to pursue that and go to anybody
who can and say, "Give me a job." I'm
asking, they're going to say, "Well, why
would I? You just came out of Kyo and
you need so much money to support your
family. Why would I? I'm going to add
value to your company. How? Get me my
foot in the door. I'm going to show you.
So I think first and that's why there's
a lot of conversation with Keven in
Ramadan Skull is how do we begin
training these kids or opening up their
eyes that if you go back to America
after three kids or after two kids or
whenever you go back know that according
to Teva you are behind the eight aball.
The cash that you need to support your
family is significantly greater than the
value you can bring to a company. That's
just reality. So, how do you think about
that moving forward? How do you think
about that and say, "Okay, well, what do
I do about it?" Because we don't we're
never going to recommend stopping to
have babies. We want as many babies as
we can have. Um, so we have to think
that through and understand reality. But
I think the key is to know who you are.
Well, I don't know who I am. I'm a kid.
All I've done is literally eat poppers
and chilent and and have a great time
and go to Woodbury and go to the
country. Well, that's not acceptable.
And someone needs to be able to have an
honest conversation and say the word
chilling is overrated. It's just
overrated. It's not. So I think is key.
And you're absolutely right. I mean
you're absolutely right in in that the
world is changing and the world is
there's going to be more money made in
the next 5 years than there was in the
last 20. The Haraya Anthropic and Open
API and these companies that are now and
SpaceX, right? They're going public at a
trillion dollars. These are insane
numbers. So once you understand that
there's an opportunity here and by the
way everyone can take out open by the
way everyone can go to claude and chat
GBT and do the following exercise. Have
you ever sat there at Clappy and done
the Clappy chat GBT prompt for them to
know who you are and your tuna. You know
you could do this. You're going to chat
GBT right now and say hi my name is
Clappy and here's what I love to go into
and do. I got a great sense of humor. I
love to interview people. I got energy.
I'm a kabatker. I here are the things I
love. Now, here are the things that are
not good for me. I don't like details,
right? I don't you know, whatever the
things are that you're not not your
comfort zone here.
>> How did you how did you know I don't
like details? Because you and I are
similar that way, right? So, it's
certain if those who are relationship
builders are usually not detail
oriented. That's okay. Um, so when you
ask me about pelatons and hanging up
clothes, I don't hang up my clothes,
right? I don't put them on Pelaton. But
a certain a certain ton that that you
have,
>> but when you go ahead and you ask that
to Chad GBT, then you say to Chad GBT,
right? I'm 27 years old. I got three
kids and I'm behind the eight-ball. I
need a job. Tell me where you think I
could earn the most money today. And how
do I best present myself? And suddenly
you learn, you can ask these questions
and you can say, "No, I'm not going to
go ahead and do that. I don't want to
become a welder and some iron mill,
whatever it might be." So they have to
say, "But I live in Brooklyn and in
Brooklyn here are the guys there doing
PZ deals or blah blah blah. they got
title insurance or but if you don't
learn and by the way and the reason why
it's AI is so powerful today is because
instead of going to school and trying to
learn a couple of case studies at a
Stanford or at a Harvard suddenly you
have access to all the psychology and
all the case studies and all the
business cases possible one supercomput
you can now match with your tonesh and
suddenly you have tools that we never
had now suddenly kids today have these
tools and they need to go embrace them
>> so like modern day aptitude tests
>> um I I guess I'm not familiar with how
you would define today a modern day
aptitude test, but yes,
>> you plug in, right? Clap. Didn't you say
once you you need a job, you took a test
and they told you what you're good at?
No,
>> I don't know about that, but you're
talking about that kind of concept.
Sorry, but this is but this is this is
really um being brutally honest with
yourself
>> and being able to say where I need to go
and using the tools that today are very
available.
>> How do you stay so humble after selling
five companies? What's the secret?
>> Um I got great rabbis around me.
>> They keep you humble.
>> They
>> they tell you you're horrible. like how
do they how do they balance you?
>> Um well I again I I attribute a
tremendous amount um to my parents. I I
I I was blessed with amazing parents. Um
and I've got great um support. My sister
Dvor and my brother-in-law of Ellie
Rabbi Waxman has passed away
people who
>> rabbis. You're into the rabbis. I
>> I I love rabbis. I love I love the right
rabbis. The rabbis are not for me.
>> Are rabbis expensive?
>> Worth every penny.
>> Well, no. That's that's not that's not
the right it's not the right question.
These relationships
>> that I've cultivated are are based on
life. Um they're not based on money. Uh
they really aren't. Someone asked me
recently, they go, "So you wax." I said
I said it's it's so not based on on a
financial arrangement. Normal
look at my effort Goldberg in Bokeh is
one of my closest friends in the world.
We grew up together. We went to nursery
school together, elementary school
together. We were together. We're still
>> Is he the only real Modoc's voice that
exists today?
>> No. That's No. No. No.
>> I don't know. There's no other opinion I
know about Modox besides Rabbi Afron
from Gold.
>> Well, because the other ones, you know,
um he he has an amazing platform. Um and
and he's using his platform beautifully,
beautifully, beautifully. There are many
other great rabbis,
>> but they don't have It looks like
Rabbi G is the only one that actually
has an opinion
>> that you might be exposed to that you
might be exposed to. Rabbi Eton Finer is
an amazing amazing rabbi.
>> I never heard of him.
>> Well, he's well he's in the white
school. He's
>> got you got to get better marketing.
Goldberg had great marketing. you know
finder is incredible um
they're great rabbis by the way the
Mishna you're into the mission and the
garra by Zach or by cement they're great
>> do they just say their opinions or they
hide under the
>> I'm I'm not I'm not on their sh you get
you know get the word gets out
>> I'm I'm not I'm not on their sh and and
by the way and and I love I love rabbis
who also just if there's a rabbi who has
100 students and 100 mpfollow them and
he's building those families beautifully
I have a friend of mine in Bergenfield
came over on Friday I don't even
remember the name of his rabbi. But he
said, "I got a small minion in garage in
Burg got 50 guys. We're staging." And I
said, "That's amazing. That guy doesn't
have to be on Instagram."
>> Isn't it
you said you said that you have
and you you even paid somebody to run
with you every single day.
>> I still do.
>> But it's amazing because it says
you have to appoint yourself or that you
speak to
and it doesn't mean to buy your buy
yourself a friend that you take Nick's
games means somebody to learn and with
you. So more people have to do what
you're doing and it changed your life
and you make a lot of money and you have
good you said you made good for your
children. Whoever's watching the show
you have to appoint a RV for your family
and yourself that you have and you have
to have and you have to not be bashful.
A lot of a lot of friends of mine say
but this rabbi is not available. I can't
get them. I can't get them. So find the
one that is. I mean find the one that is
find no
lobby.
You don't have to. You don't have to
start
>> and there are endless there are so many
beautiful today
the brilliance by wax said to me then
was if you're able to connect with
someone who is sitting and learning all
day who has the right in life means
you're tapping into someone who's vahara
all day it will impact your nishama it
will impact the way you raise your
families it will impact you know for
example you know if you're making a and
you have the decision to make in some
circles C is about separate seating,
mixed seating in c certain circles is
about the kind of music and certain
circles about the kind of if you're if
the people that you care about are
playing in a certain culture, they're
highish, they're they're yeshivish,
they're they're not fast-paced people,
then that's the way you play your sim.
But if you're playing for an image about
then you're playing differently. It all
depends on who you want to who who who
the barometer. Who are you looking to to
be the ones that you're that you're
hanging out with in the in the true
sense of in the world?
>> CL, can you talk about our sponsors?
>> I love talking about our sponsors.
That's why we're able to be here today.
>> Exactly.
>> We have a new sponsor.
We are so proud. We were in the uh
owner's office.
>> Can you talk about the owner first
clapping?
>> First of all, I come into the guy's
office. So hamish.
>> I love it.
>> So hamish. His office is in a glass room
in his house. It's great in
Williamsburg. You come into the house
and there's this aroma, a strong smell.
His wife is cooking. She also has a
business. She has, you know, like a
Ramen Sarah. So he has in that glass
room. He has his side of the thing. She
has this side of the room. They both run
their own little businesses.
>> Beautiful.
>> But the house is a huge house of cooking
going on 24 hours a day.
>> Anybody's able to come in and eat and
chill and hang out. And they have a
triple painting in the house of all the
>> beautiful
>> theim make it into the painter onto the
wall.
>> Beautiful.
>> But most of them passed away. They said
in the
>> Oh, a lot of them over over the over the
years. No, those guy probably married 50
60 years. A lot of them passed away. But
some of them are still alive. I made
sure
>> Clappy told me he's like, "My even if we
don't do a deal with this guy, I'm so
happy." What did he tell me?
>> We would I said even if the guy doesn't
do a deal with us, I was so so so happy.
But after we met him, he called us up.
He's interested. He's
>> beautiful.
>> The check everything is good.
>> And what does he what does he import?
What does the company do? Everybody
needs to drink. You need a drink. Now, I
don't like water. Water's boring for me.
So, you know, you you end up drinking
Coke and Pepsi and Snapple and sugar or
artificial or whatever. No. The amazing
thing about his company, Pure Aloe,
comes in eight flavors. I asked him
where is it sold? He says every almost
every Haisha store in the world carries
his drink. Um, I ran to a corner grocery
store here right before the show and
Klein and Crown Iceites and they had a
couple of flavors. Just
>> give it a sip.
>> So, the the uh aloe is one of the most
healthy things in the world. You know,
you get sunburned. You put aloe on your
face. You put aloe in the deodorants.
They put it into a lot of cleansing
products and it cleans your body. So,
this has no GMOs, no powder, no
artificial flavor, no artificial
coloring, no preservatives
>> and all aloe aloe gel insides. Very low
in calories.
Low in calories. And
>> has Which one?
>> This one has no sugar at all.
>> This is 60.
>> This one has no sugar at all. Which one
has some sugar? I need a little sugar in
my body.
>> This one has some sugar.
>> I don't know. Just give it give it a
little sip.
>> No sugar.
>> I don't know. Fast.
>> You know what's funny? Some people love
the fact that we eat and drink on our
show and some people say it's not
professional.
>> You know,
Yankee Taliban who thinks he's
>> he's too cool for us to drink on the
show. Or maybe he just doesn't like
cleaning up the mess. Oh my god.
Delicious.
>> Is that what it is? You don't like
cleaning up the mess. So you say we
can't eat.
>> So good.
>> I think
>> it has pieces of aloe. You see there's
little balls falling in of it. A little
>> powered by. So when you're buying this
drink, you're directly feeding people in
Williams willburg.
>> You hear that clappy?
He should really put it on the bottle.
>> Great. Says that 50% of
the real kosher stuff. the CRC
>> there's no major there's no uh national
hasher it's just CRC
am I eating the guava or the owl I don't
know I'm biting into something over here
>> pure aloe
>> 30% aloe aloe
>> stuff this is the guava flavor I don't
even want to taste the other flavor the
guava is so good
>> well please stop by. Oh. Oh. Uh, he told
me him and his rabbitson told me this is
a 17 oz 16.9 about a 17 bottle which is
standard today. Um, they also sell it
triple the size. He said about 50
ounces.
>> 50 oz bottle and they said it's very
popular on the Shabas table. You put a
couple of bottles throughout the table
and all the they love it. EIGHT FLAVOR
>> FOR EIGHT FLAVORS.
>> They can mix it now with tequila
>> if it has a CC.
>> I spoke to a big importer. I said why
don't you why isn't your brand kosher
mushi to get pure al to be kosher is
grapes is very hard to make a kosher and
he managed
>> he managed
>> to figure it out
>> it's a great drink it's healthy and it
tastes good that's always a difficulty
usually if it's healthy it doesn't taste
so good
>> ch butcher we stopped by yesterday ch
butcher is an anomaly in the world of
meat
they locally
>> Pennsylvania
>> it's not going through freezing trucks,
planes for three months margin, who
knows from where local Heyer and with
that amazing meat, they're able to do
two things. They have a butcher shop on
Albany Avenue. Gorgeous state-of-the-art
butcher shop on Albony Avenue
>> and on Troy Avenue, they have a fivestar
it if it got rated, it would be a three
Michelin star restaurant on Troy Avenue.
CH Butcher.
>> Wow.
>> Gorgeous. You don't have to spend $200
on a babysitter to go to the city and
get a parking ticket or pay a parking
lot $100 and pay toll and congestion
toll. Wow.
>> Here you're local in Brooklyn on Troy
Avenue. There's parking. You get the
fivestar dining experience at Butcher on
Troy Avenue. Stop by and say your
friends Clappy and Frank sent you. You
will get unbelievable service no matter
what.
>> In general, we we don't do fundraiser on
our show. However, if you could tell our
sponsors that you heard it from our
show, that is the best fundraiser for
us, right, CL? That's the most security
of continue.
>> We had a sponsor who we we unfortunately
lost and I said, "Why'd you lose?" "Oh,
we advertised one time and no one told
me they saw on your show." So guys,
don't be shy.
>> You're not telling it to him. It's
costing us money.
>> Exactly. Tell him you saw us on the
show. I appreciate that.
>> Thank you.
>> Uh Will Ciss,
>> Wheels,
the voice notes that come in. The voice
not I told I said the story people call
me up. They said, "We had cars. We had
issues with the car. We had to get rid
of the car. We had mileage issues with
the car. He says we couldn't we couldn't
come to a resolution. It's tricky. Where
do you sell your car? Where do you get
rid of it?
>> I want to say that the the great CEO
Tivia Gman told me
>> Salah Harris was on the phone with him
for 45 minutes.
>> The owner of the company.
>> The owner of the company was on the
phone for 45 minutes helping him with
his trade in the car and this and that.
He's like Mos I can't believe it. He had
the CEO doing for like gazillion years
had 45 minutes with him. He was shocked.
>> When you go into S Hashup's office it's
a smile.
>> Yes. It's a pleasure. It's a breeze. He
has like a million years ago. I haven't
seen a million.
>> I haven't touched him in a long time.
He's a great guy.
>> But you know what? There's a lot of
details in leasing. There's a lot of
details in the car business because
people are giving back a car and getting
a new car and then transferring and
insurance and this deal with Jews.
>> But you know what he does? He opens up
everything. Clean cut. Clean. I see the
way he operates. Clean cut operation.
>> He's a great way to
>> and he's a great delegator. Great
delegator. Like Izzy Herman, his
right-hand man. He manages that place
customer I always say the same story I
ask customers how much money are you
paying said we don't know I said why he
said because usually we're on the phone
with leasing companies we're just
fighting over the money over but here
they make it so gishmach so hamish you
know you're in good hands you're not
fighting over it painless painless
seamless and the cars in the driveway
within two hours they get credit
approvals credit approvals not only that
big companies that keep taking cars they
get them an open line of credit they
fill out the paperwork you get 200 grand
now. All your workers need cars. You
need trucks. It's automatic. You're
automatically in the bank system. The
deals now for the summer. The deals now
for the summer. They have pilots. They
have Odysseies. They have everything
ready to go. They have everything ready
to go. They always have great deals. And
kids are all graduating now, getting
their first jobs. They need cars. 200
bucks a month. I tell people 200 bucks a
month for a car in 2026 when everything
is so much more expensive. It's like an
overpriced cell phone bill. hit 200
bucks a month.
>> Clap PC deals on your cap.
>> We have to do a bigger cap, right, Clav?
You very selfconscious.
>> Yeah, it's too small. You You had a
company that trim. They said they could
do it quickly, but they gave me like a
nine-year-old's cap.
>> But I'm loving it. I wear it to the gym
every day. I'm But my the sponsors on
the Clappy Frank shower sponsors. We're
so proud of them.
>> And I don't just wear it on the show.
I'm in the gym today lifting weights,
running on treadmills, peasy deals
wherever I go.
>> Since Clappy gets selfie requests every
5 seconds, he's in every single picture.
>> Big salab. Big salad. No, every picture
they're they're picture him and PZ
deals.
>> One of the reasons why I love being
involved with PZ deals like a special
gishmach with PZ deals. First of all,
the owner is like a sad his wife that's
you realize that a lot of the really
successful companies we deal with. It's
like a real husband and wife.
>> Hold on. Tell the story. The wife asked
the husband tell
>> she said she watches the Clappy and
Frank show. Why don't you sponsor the
show? Very nice.
>> That's how we got the deal.
>> That's how he got the deal. He can't say
no. He He can't say no. the kids that we
met with them nicest most people you
ever met. They're not they're not going
to meet with anybody. They don't meet
with people but they made an exception
for us. The thing about this is that
with the
we went back the whole story
>> it's about saving money because every
dollar that you save you have an extra
dollar and you get more stuck and do and
all this stuff whatever and when you get
the PZ deals app Android Apple whatever
PZ deals app or if you have a kosher
phone you can get onto their
notification list you get buzzed with
their newest deals Marshall Marshall
today the weather's nice kids are
getting uh they're going on the little
tricycles. They're going
>> bicycles. No scooter.
>> No, no, no. No electrical scooters. Too
dangerous. You're going on the little
tricycles or the push the bag with
scooters or whatever.
>> Helmets.
>> HOW MUCH?
>> I SAW ON A SITE TODAY $15.92 FOR LIKE AN
expensive helmet.
>> Wow.
>> You want to protect yourself. PZ DEALS
PROTECTS YOUR WALLET. You get that
helmet.
>> Click link below in the
>> quick comments. You know the the helmet.
It's getting hot out. People are getting
sunburned. You need lotion. There was a
top company Sun Bum Bum whatever. 60%
off. 60% off.
PZ deals. Every single thing you could
think of that you need in that section.
You go to PZ deals. You download the app
on the Android or app. You go into the
notification list on PZ deals. Sign up.
Save money. A dollar save is a dollar
earned.
>> Why is it called PZ deals? PZ. It's easy
peasy. Easy. I don't know. I guess so.
We're going to find out. Ask him.
>> Have to speak to the owner about this.
PZ deals a Gishmaka company.
>> Shai, did you get the day after you sold
the company? Do you become less how do
you keep yourself motivated, excited to
keep on attacking? Do you automatic
lazy? Okay, I sold I'm done for a year,
two years. How do you keep the
excitement and the energy going after
selling your company?
>> Um,
so one, we had an earnout. We did have
an earnout over time.
>> So we had obligations to continue. Um,
two,
I I don't have everyone has different
DNA. They're different DNA for people.
So, I'm not a vacationer. Um, for me,
>> I met you in on vacation,
>> right? But I was there for two days,
meaning it was two days.
>> Um, that was the extent of it. And even
if I go to Florida, like I'm saying,
even if I go on vacation, I don't know
how to just do nothing. So, I still try
to keep my
>> my learning and I still am on I don't
check out of business. I don't I don't
take a two week vacation and not check
in. Um, I don't know how to do that.
Other people have an amazing gift. Um,
and I have a lot of my friends they
could turn off for a days, weeks at a
time, not check in. They're very good
relaxing on a couch. I don't I don't
have that. So whether it's good or bad,
that's me personally that I wake up in
the morning and I want to I wake up at
5:' in the morning. I don't I don't know
what that means. So it's uh
>> So you need to be always doing
something.
>> I I I like to be productive.
>> So is money the goal or No.
>> No. No.
Money is a is a tool. Money is a means.
Uh money is a gift. Money is an
obligation. Money is anas. But that's
not as No, we should never talk that
way. That it's a it's a goal. I have a I
understood why are people selling their
company if it's so profitable that
another guy's willing to give you $10
million or5 or $15 million and not only
that, they believe in you because it's a
buyout that you have to stay on for a
few years and meet goals and targets,
whatever. So, if it's really profitable,
keep it. Now you're so busy that you
want to maybe open up more companies or
you're too burnt out. So why can't you
hire the top CEO, the top manager, you
keep the ownership, he gets give him a
bonus to keep it going. So all these big
billionaires keep selling their
companies. I'm curious to hear a guy
here that sold multiple companies. What
makes you sell the company? Um so you
you t also a couple different things.
Number one, it's not easy for guys who
build companies to then be able to hand
over the reigns to somebody else. The
ego thing. Um it it's partially ego.
It's partially ego. It's partially not
able to um to put complete trust into
somebody else.
>> Less ego to just get rid of it and wipe
yourself clean and give it to
>> to a certain part. Yeah.
>> Wow.
>> To a certain part that's true.
>> To a certain part you can say I'm out.
I'm no longer emotionally attached. Very
proud of the achievement and uh been an
incredible brother. um it might be
harder for a person to work his own
muscles to manage somebody in his own
baby than to clean his hands of it.
>> Okay.
>> Um that that I think is is part of it.
And the other part of it is that you
know you could be building a company and
you could be taking out whatever you're
taking out or it could be at times the
company needs additional capital to then
hit another level and suddenly you're
not you're not able to continue to take
out as much as you wanted to but they
have an opportunity to take a bucket or
the big pile and be able to put that
away for your family or for your
children or to open up the next thing.
And there are all these different it
also could be that you see that the
business um is plateauing and now in the
hands of somebody else it'll do better
or that division might be more valuable
in a larger company that might be able
to upsell differently. Um and there are
many different calculations and that go
into selling a company or very simply
you could be tired and you could be
tired of selling the same thing. I know
that I had a check processing business.
I was tired of talking about checks. I
was legitimately tired. people every
selling conversation was shy why in the
check business nobody's writing checks
anymore and I'm like yeah you're right
but and I'm like I didn't want to be
like yeah you're right but I wanted to
start something new so I I I think that
there are endless scenarios about why
people sell companies but your questions
are great ones and I think that had a
relative that worked for the IRS and he
said he used to tell people they asked
him where do you work he said IRS and
then for three hours his entire chevraas
was destroyed because all they want to
know is am I gonna get audited what
should I do should I file S Corp, CC
Corp, 501c3, non forprofit foundation.
>> He said after a few years, he stopped
saying where he worked. He's like, "I
work in accounting." Uh, small firm,
whatever. Like, next. He's smart. Yeah,
he's smart. I have I have a cousin of
mine where her husband her husband is a
um is a what's it called? A parking
ticket judge in Brooklyn.
>> So, every time he goes to Eddie Sima,
they go, "I got a ticket. Gail me out."
So, he stopped like he got to jail if he
helps them. But I'm saying
>> correct. But that's, you know, people
talk, you know, people talk. So people
should
>> But now you intrigued me. Could you tell
me about the check cashing business?
>> It wasn't a check cashing business.
>> I get checks. I have two checks in my
jacket pocket right now. People still
give checks, but a lot of the times they
do it digitally and it comes in the
email and I print it and
>> correct.
>> So the popular ways to send money to
people today is either you pay by credit
card
>> or you use or cash app or PayPal or
Venmo or So So when do checks come?
>> Uh checks come today. The biggest use
case of checks are HOAs. um homeowners
associations without only take a check.
>> Um no, but the people are older.
>> You can't they can't zel. They don't
know how to do it.
>> It's an aging population.
>> Would an HOA take zel technically?
>> Absolutely.
>> They could take a zel.
>> They could. Um also, um a lot of medical
professions, they take a lot of checks.
Um and then they have all the
explanation of benefits, the documents
that go a lot of reasons why checks are
very helpful to a lot of larger
organizations and why they pay in check
is number one, it gives them an extra
line of approval in the check going out.
That's one. Two, the reason
>> it's a way of storing the money and just
>> it's it's not it's it's a reconciliation
issue. It's a reconciliation issue and
security issue. And the reason why
people also like getting checks is
because they're also able to um
reconcile. There's data that comes along
with it. Um and also behaviors at
businesses are much harder to change
than behaviors of individuals.
Um it just it just is businesses have
processes and it's harder. Now smaller
companies today or newer companies
today, they just are founded
differently. But companies that are
older and larger companies, you'd be
shocked how many checks there still are
going through this country. Um, so it's
a checks, it's a data, it's
reconciliation. Um, it's still a
business.
>> But he sold it.
>> I didn't sell it. I still own that
equity. I stepped out.
>> Could you could you tell us about that
company?
>> Um, I stepped out. Um,
>> but what what is the company?
>> You didn't sell?
>> I did not sell. I still own my equity.
Um Um, so
>> what is the what's the company called?
>> Check Alt. C A L T.
>> And what do they do? We process checks
for banks, credit unions, fintex,
corporates.
>> What's the shot you process it?
>> So um so say for example you have a bank
um their clients are real estate
companies or their clients are hospitals
or their clients are um government
agencies or tax authorities or
municipalities. They all receive checks.
So they need to offer a check processing
solution and they outsource that
typically. There are very few banks that
actually do that work internally even
though it seems as if they do. They
outsource it and we were one of the
outsource companies. When you scan a
check on your on your Chase bank
account, right?
>> Chase is one of the only banks that has
everything inside. They do everything
inside
>> or Bank of America and other
>> BFA outsources.
>> Oh, they're scanning.
>> They're they're using software that
belongs to
>> And you're one of those providers.
>> One of those providers
>> for different banks institutions,
>> right? But that's not what I'm doing
now. So that I left there.
>> What are you doing now? Tell us more.
>> Now, um I told Moi when I saw him, I
said, I feel like I have energy back
again of a 20-year-old. Uh we set up a
company called Gotavi. Got T- vi. When
you put your name into Google, which I
did the last couple of days to find out
who you are, this Goavi is what you're
known for, everything pops up. Goavi
LinkedIn, YouTube, articles. Goavi. Tell
us about Got Tavi.
>> So, first I love the name. Um,
>> Got Tavi. I have a nephew, Tavi. So, I
know Gavi say, "Hey, Gavi, jump into the
pool."
>> So, uh, what is the name from? Tavi
comes from where?
>> Tuvia.
>> Tuvia. So, we came up with a name that
it says like this. said, "Go, we'll do
Aristo and Hashem send the that's really
what that name is." Goabi. Um, we put
that on our site. So, I'm very proud to
be Jewish and I put that there.
>> So, you say, so you're still mo good.
>> I say I say I say whatever. I'm proud.
I'm proud to cover and to wear all hats
of Yiddish. I love it all.
>> I've already mod.
>> Um, so uh I I I like it all. The um the
idea is is that over the years you know
we we built businesses that did one
function SEC filings entity formation
background checks stock transfer
payments and now that the whole world is
the conversation basically goes like
this I want to build a new company with
AI I want to fix my existing company
with AI that's the whole conversation
and we said that if we can go out there
and build one platform that handles the
pipes of a company so today if you need
formations you're going to one guy
insurance another guy payments another
guy background checks another guy
another guy. You're going to different
people for everything which is the most
inefficient.
>> I met a guy in a pesak program. He told
me his company does background checks
for companies.
>> Yeah. And that's it's which is a real
business. We had a background check
company. Um it's a real business in a
very big industry. So we said but if we
can build now a collaborative AI
platform where the business can have it
all in one place. It was never done
before. We haven't seen it. So we we
built that business. We built that
platform and uh we're off to the races.
>> How long ago did you start the company?
We we started I met my technical partner
uh my co-founder Alicia Herman um back
right before the Yuma. So we met around
that time and then we really started to
go to work and we launched it really
January time. So like six months.
>> Wow. And how many people do you employ?
>> Um it's over a dozen now.
>> Wow.
>> And um Alicia is phenomenal. Um I
brought with me my uh one of my my chief
of staff of 13 years, Michelle. She came
with me as a co-founder. My son Ellie is
24 is with us and we got a bunch of
developers. But you're bringing 25 years
of this business already to to the
table.
>> Yeah. Hashem, we have a good reputation.
People know that we can be relied upon
to deliver solutions.
>> I was finding someone a guy in a guy in
citizens recommended your filings old
filings company.
>> Yeah.
>> And post you selling it.
Did the guy the people never called
back? It was just a total
>> It's that's Yeah. It's Kabal. I was in
Evergreen with my wife on Thursday night
and a guy go said to me goes you know
I'm leaving your company because the you
know it's easier for me to take it on
inside. Please don't be upset with me.
And I said I'm not upset. It's
disappointing. Um one of the things that
you know people always have enjoyed
working with me is people laugh at me.
They know they could always reach me and
you know and the I'm very responsive and
I care deeply about making sure that
clients are taken care of and they get a
good service and a good price. And
Michelle's phenomenal, Ellie's great and
Alicia is great.
um we get to once again be able to do
things that are very value added to
businesses and then we see a lot of
opportunities are coming in. So it's uh
it's it's great. I I speak to friends at
the kiddish shop and after shakas in the
morning on the way out the door and I
tell people I'm meeting with business
people a lot of the shows now are
business oriented. What's your questions
for business? So last night I met a guy
at a raim whatever you want to call it
and he says I want you to start asking
business people what do I do? He says,
"I go to sh in the morning. There's five
standing there with credit card
machines. You can't even say you don't
have any cash on you. I'm collecting for
I'm collecting. I'm from I have a wife
and kids that are not wellman. I'm from
five kids. I have to make daughters. Do
you need to buy apartments?" Whatever.
He says, "I get I get my lunch break at
work. I get a call from my kids. There's
extracurricular activities, end of year
trips. Kids can't afford to be mishtata
for three, four kids." He says then they
called me from this ky we they're behind
on salaryman
we had on other entrepreneurs lately and
they were saying about giving money out
of the community in the community know
and I took a lot of flack I got a nasty
email from somebody says your guys are
saying about not giving money out of the
community who are you to tell people not
to give money out of the community
people should give
>> we didn't say the guest
>> what whatever the point is I want to
clarify it's a very controversial topic
but I want to hear from somebody that
barm has the means to give ducka there's
a million causes is where should people
focus their stuck dollars because
there's a limited amount. I mean,
Hashem's unlimited, but we're limited
amounts of money. Where do we focus
stucka? Uh, the answer is very simple.
Um, who's your rebi?
>> Back to who who's your rebi? It's not a
question for an entrepreneur. It's a
question for your RV.
>> Each person,
>> you have to have a RV. And your RV has
to understand your circumstances. He has
to understand again.
And then he has to guide you. Meaning if
you have $50 that you can allocate to
give to Micham during the week, you're
going to six days a week. Six days a
week. Meaning again, it's not my place.
I have a little bit of a difficult
situation because in Crown Heights is
the hub for emissaries from around the
world.
>> And Shiners is the is the is the is the
hub for
>> No, no, no. What I'm saying is I have a
unique situation. I have every day in
Shak when guys go out. We have 6,000
7,000 love them all. So when they move
out, when they move out, they have to
raise seed money.
>> Correct.
>> So a guy now is married with a baby.
He's was in Kyo until now. He needs the
first 50 to 100 grand to go out onto the
field. They raise it locally. When they
stop me in sh in the morning when I'm at
shock, I can't give them a dollar. You
can't give them a dollar. It's like the
biggest smack in the face. So usually I
want to give them 50, 100, 200. The
question is how many times a week I
could give that amount of money.
>> Who Who's your r?
Who who have you ever had that question
with someone who was
>> you know what I never asked any any of
about the robot that I've been shy of I
never asked them what to do now it's
becoming a bigger question I I think I
think that's the answer is that they're
a robotam and everyone has to find their
rob and by the way there the question is
even more expansive how do you spend
money as a family meaning where you know
do you put money away for your kids to
buy a house what kind of car do you
drive what kind of watches are you
buying what kind of you know my father
in the last 13 years of his life he ran
an organization a teen that he founded
called Project Ezra that was helping
families that had fallen in difficult
times get back on their feet. And he
would always say that he would love the
conversations when the schools would
call him up and say, "This family is not
paying tuition, but the grandfather is
taking them on a pay vacation."
>> He loved that question.
>> Why?
>> He loved it because he said, "You know
who's right? You both are. Aidi is not
responsible for his grandson's
education." Bill, Bill, Bill and he
worked so hard to be able to have nas
with his grandchildren take him and have
him by the star. But you as a yeshiva,
your your teachers and your and your
moas deserve to go get paid. I love the
question. How do we bridge the gap?
They're both right. They're both right.
And he said, "And you have to find out
who your rob is. You have to ask who the
ro of the grandfather is and sit down."
We don't know dynamics, but the question
is not one for an entrepreneur to ever
answer. The question is for every single
person to go to a rabbi and say I want
to I want to appoint you you know one of
my one of my this morning you know he
said to me that recently a family came
to him and asked him a question about
whatever the subject was and he said are
you both okay sitting in front of me cuz
then the r has to say are you both
buying in that I'm going to be the one
to be giving you the like there's
you know everything has to go back to
you want to say abdas Torah you want to
have advice of Torah you want to do The
reason why Jews want to give taka is
because that's who we are. We're
want to go ahead and give. We want to
give, right? So don't ask the
entrepreneur what it's
not.
>> Yeah. You have to find a r. It's the if
there's if there's anything I will say
here, you got to find somebody who you
and your wife and your family buy into
um and can advise you properly for your
your situation.
>> Se why do people wear fancy watches?
What's the
>> Because they're they're enjoyable at the
same way that people monogram shirts,
they wear nice cars. I don't judge
anybody. I also like nice watches and I
also like nice things.
>> You wear nice watches.
>> I I don't I graduated from it. I I just
over time I didn't I I care less about
it. I went through that phase.
>> Um used to be into watches.
>> I I absolutely um
>> Well, just the design like what's
>> it's a status. You wanted the status
>> of course.
>> Why?
>> Um because it feels good.
>> You wanted the comments. I don't know
about the coyote. I don't know if I
remember that
>> internal or external.
>> I think it's both. Roberto Wine once
said, Roberto Wine was only Rob. Oh, I
will show him. He used to wear monograms
in a shirt.
>> And he said, "You know why I wear you
know why I wear it? Cuz I love it." He
said, "I enjoy it as a rabbi." He said,
"I enjoy I enjoy wearing a monogram
shirt,
>> you know, and there's nothing wrong with
that. Again, I guys want to buy watches.
God bless you. Enjoy it. We shouldn't
judge people for that."
>> Not Joe. I'm just curious what the love
what the excitement is. I'm not
interested. So,
>> I understand that. But you're interested
in a great chicken sandwich. So it's a
different thing. We all like different
things.
>> So
>> and we have to we have to allow people
to do the things that they want and not
to judge.
>> You said you use
>> So you graduated. So what do you how do
you tell the time?
>> My phone tells the time.
>> And Chabas.
>> And Chabas the the clim the climate
control things on my wall tell the time.
>> But you stopped wearing watches
>> today. I stopped. It doesn't mean
tomorrow I won't. Meet I'm just saying
that
>> you own a few nice watches.
>> I do. But it's doesn't they're in the
drawer. It doesn't again today. I'm
saying today we go through phases. I
have a very good friend of mine who says
we have to be able to appreciate that we
are all what they call phasologists. We
go through phases. It's a great term.
I'll tell you who said it. My friend
Robert Yolo Gold. You know there there
was a tufa where that was important
>> that you wanted status.
>> Um that I enjoyed it. And whether it was
um walking into a shoe that way or
whether it was you go into a business
meeting and that you know you're wearing
the you're wearing a watch and like oh
those guys um and then you realize that
first of the world changed um at least
the outside world meaning billionaires
wearing Apple watches nobody cares
anymore billionaires now wearing suits
>> they're wearing undershirts.
>> Yeah. Nobody cares. So, it's it's only
in a very subculture
of of our community where that stuff
still matters and God bless them and
everyone should enjoy whatever they want
to enjoy.
>> You think if I wear a nice watch, I'll
get better deals on my show, better
sponsors or no?
>> No. I think actually in your position
you probably will get less, but uh I
don't think it has it has no impact. It
has no impact.
>> What do you think about flying private?
>> God bless them.
>> You like it? It's a good idea.
>> I I I think again
>> when is it worth it? Someone say, "Oh, I
really need it from my business." Is
that true or false?
>> I think everybody should do whatever
they want to do in their own way, and it
shouldn't necessarily be advertised.
Again, if you want to do something the
same way, if you want to give $10
million to a mis,
>> right?
>> God bless you. Give it. And you should.
It's great. If you want to buy your kids
whatever you want to go buy them, put it
away. You want to You could fly private.
Enjoy it. It's not my place. Who am I?
I'm just saying that
>> you think certain business people need
it or that's just to get
>> I think there's great value to it for
those people and if by the way it's not
my place either whether it's for
business or if you decide to go on
vacation and use it.
>> We have to stop judging people. We have
to like like this whole conversation
about he's doing this. Everyone stop it.
Build your family. Find your rabbi.
Enjoy life. Work on your own character.
Work on your medio. Be nice to your wife
and your life's going to be good. the
rest of this stuff, it's just all fake
noise.
>> Other businesses that you've been
involved in, like processing checks and
helping companies with their filings,
they were all just regular like clean
cut. We'll just make your life easier,
but all like regular hra, you know, like
whatever. We've asked multiple people
and I'm still waiting for the right
answer. There are big businesses that a
lot of people are getting into today.
Not going to hide it under the rug. The
two businesses that are really really
predominant in the from Jewish community
are a lot of people are in money lending
what we call cash advances short-term
loans. The second business is the
nursing homes, rehabs, aging, geriatric,
all that situation. Mat home healthare
>> home healthare real estate.
>> No real estate is something else. The
refer says that real estate could just
mean that you don't have a job. You're
unemployed. You say real estate. Real
estate is just so all-inclusive. But the
nursing home industry, the home health
agency, like taking care of old people
that need help and the cash advanced
businesses, could they be done in a
kosher way or is it usually a minute
away from like liability and like what's
your general idea of you've been around
the block, what's going on over there?
>> I want you know what's funny? I want to
start the sh the show saying that chai
is not typical from entrepreneuries and
tech filings these things are very like
it's so off the radar every single
business business is not any of those
categories you mention saying I want to
be in the filings
so look I I I I've been blessed that I I
never went that hasn't I've been in
different industries let's call it out
I've been in different industries um I
don't know those industries. I just
don't know them. They never tempted you.
Um I don't know them. I don't know them.
I was very comfortable in my in my area
and um so I don't I don't I don't know
them. You know, when people ask me
questions about them like you just did,
I go, "It's not my comfort zone. I don't
know enough." If your 25-year-old son
said, "A friend of mine from Payic has a
million dollars from his grandmother's.
I need to bring a million dollars to the
table. We're going to go to Kentucky."
You said something about Kentucky. So
what's on my mind? Kentucky. We're going
to buy a nursing home. We get paid by
Medicaid. It has 81 beds. They want 2.2
million. The bank will give us we're
each putting in a million or half a
million.
>> Would you give him even would you even
tell him? I know you can say Das Turo.
Would you even tell him to consult with
Das Turo? You would say old people,
Medicare, Medicaid, stay away from it.
Um someone I would say you have to ask a
rabbi. Okay. You knew that one.
>> Okay.
>> Um I remember years ago um when I still
lived in Cedarhurst, they were having
these altogether insurance policies.
Remember those remember that that
business? You buy it out on old people
and wait for them to die, pay high
premiums, cash out when they die.
>> Remember that. It was a big It was big
for a while.
>> It was big for a while, like 20, 30
years.
>> I knew a GUY A MUTUAL FRIEND OF OURS was
always going to Florida to sell those
policies. Is that where he made the big
money?
>> You know who I'm talking about. He's on
the phone this morning.
>> So, at that time, you know, I I had a
temptation for that business. A very
good friend of mine and uh was actually
a vendor of ours at Vintage Filings back
in the day. He had a he had a business
and we used him for one of the things
that we needed. He started to go into
that business. He said, "Come on, got to
go do this." And foundationally, I
couldn't wake up in the morning praying
that another year would die. I just
couldn't do it. And and by the way, it's
very tempting, right? That guy dies,
you're getting a check for 10 million.
And you know, 10 million policy, so
you're funding at 50 grand a month. So,
okay. So, so hopefully this person will
live 5 years. Very good. So, I'm in. And
then so I'm really hoping that guy
literally has a heart attack tomorrow
morning and the parents the owner said
kill him and the family sh I'm
celebrating yes it didn't sit well with
my soul and uh obviously I didn't go
there I once asked the once asked the
rabbi of mine am I nuts like meaning
there's a lot of cash if by the way
here's a justification if that person
dies tomorrow and I get a $10 million
check I'll give you a million rabbi give
me the green light
it it wasn't for myself again I have a
certain DNA raised by my parents
environment that I was brought up that I
don't I I get allergic to.
>> I'm wondering if your friend I'm just
thinking since I find most people end up
businesses that their friend or family
are in and they get a they get
>> this friend of mine and this friend of
mine ended up in so much trouble.
>> Whoa. Why he ended up killing one of
those people? I think worse he killed
his family um because he the people
outlived the cash he could afford the
premiums on. So you so that was also
like this guy took on premiums. He was
he was literally dominating. Can you
imagine buying an ila where sayu we want
to knock him off because he knows his
cash in his business was not enough to
fund the premiums and that guy outlived
him. He literally lost his business from
it. So it ended up being something that
he never even envisioned.
>> I know someone that they did it on their
mother's policy and he lost all his
money.
>> Yeah. And well
>> imagine diving whatever. I don't want I
don't go down but this is why. So now
when it comes to these things, do people
still do those old people?
>> I don't know. I just They're not legal.
They're not legal.
>> They were never legal to begin with.
What do you mean they weren't legal to
begin with?
>> Well, they were legal if but if you took
an old person and you wrote down that
they were worth because they had to
mention had to fill out on the form
their net worth as well. So if you
falsify their net worth and said that
somebody who's a smer Bobby who survived
Awitz is worth hundred million when
they're really worth $400,000
because end of the day is you wanted to
get a policy that was as valuable as
possible.
>> So that was a problem.
>> Oh the payout depends on their net
worth.
>> It was particular
how much money they valued at. Yeah.
>> Back back then was day. Today these
these businesses are merching cash
advance or home healthcare. Look, I
believe that every business can be done
truthfully. And I do believe that all
Jews intend and really attempt. We have
to judge our brothers favorably. We
really have to. Again, we we we're very
busy as a community judging. We're very
very busy judging. We're very busy
criticizing. You know, we learn Pikovs
now to this morning. We had a
conversation in Shu. There was someone
in Shiners who he made the announcement
after Ash. He makes an announcement.
He's collecting for this family in
Israel. And I recognized his voice. He
had like a unique Yoshami voice. And I
pulled him aside and I said, you know,
I'm sorry to ask this question. I'm a
little bit curious. I said to him in
Hebrew, you actually suck. Sakran in
Hebrew means I'm curious. I said, you
were here like two months ago. Cuz he
had this unique voice and I recognized
him. The story you said two months ago
is a different story.
>> He caught the guy.
>> No, no, I wasn't I wasn't looking to
catch him. He
>> I wasn't looking I wasn't to catch him.
And I asked him, "Are you an agent? Is
this your parnasa
that you represent different situations
and then you go travel to help out this
family? And he goes, "Yes." And I said,
"That is incredible." The guy next to me
goes, "What's the matter with you? He's
a money maker." I said, "Time out. What
was the announcement about?" The
announcement was about was that there's
a woman who lost her husband and she's
got 13 kids at home and three of the
kids have to go to Mikasa, whatever it
is. Now, this woman cannot leave 13 kids
to go on the road. Now she found a man
who whatever the reasons are is now
willing to take 30 40 50% whatever the
numbers are and go get her money. Now
you can go in and say no way scam city
shy you're so naive you're so naive and
I'm like no no no I decided to have an
iron to I made a conscious decision tell
that guy god bless him he needs pansa
this is a win and win for everybody so
you could reframe the way we look at
people someone wants to take a private
jet buy a fancy car who cares
if it's not on the private jet that's a
problem
>> it it would be but yes
>> by the way
>> but if he's using his 50% that's not our
issue
>> big conversation going on nobody has the
huts but to say in public. I'm going to
say it big conversation going on. I
think yesterday a group of the gdel had
came in a private jet to fund raise
money for so a guy on my group that I'm
on said well the first thing they should
do to save money is go go go on a
regular plane I said oh the hat they
have to go comfortable they said blur
and davin on the plane he he said oh no
the funders are paying for it he's like
like he's like wando sent the bells a
rabbi on a p whatever he's like a big
whatever so another mutzv says okay so
that guy could give us extra million
dollars to the cause and put them on a
regular Again, I don't think the god
should be sitting in an economy like
this for 13 hours, 92 years old. But
maybe first class is good enough or
maybe it's not. Like, am I even allowed
to ask your opinion? Am
>> I even allowed to ask a question? No,
no, no. I I think I think every question
deserves its its audience. Every
>> not my question. Every question deserves
to be asked. Somebody else
>> I think someone, you know, last week,
you know, put on the beautiful Adira
event and someone called me up and they
>> No, he was in a private box. Exactly.
Somebody called me up. They said that
they were private boxes and um and the
guys are having a whole buffet. They
should just take that money and give it
to the the colorite. I said stop it.
>> Stop it.
>> Just stop. If let's stop. Like why is
that your issue? They have to eat. Let
them enjoy themselves. Like why is that
your issue when you go into his house
and say he shouldn't have, you know,
certain apples because they cost 28
cents more than the apples that you want
to have? Like we're so twisted
>> 20 years ago.
>> But I want to get back. Can I just
answer that one thing about the Jack?
>> Yeah. Yeah. Please.
Stop judging like if somebody wants to
give covenant on Tyra that's not
covenant that's not your place
first of all their time is so precious
number one their time is so precious you
have to value their time one two is that
I don't want these gadilla in an airport
I personally I honor those who are
saying I'm willing to by nobody who's
given the money for that private jet is
taking less money away from what they're
giving
>> these people are they're they're
magnanimous.
They're magnanimous people and what you
only hear are the criticisms about them.
Do you know what it took them to earn
their money and how much they're giving?
Do you know how much pressure they have
from other people and what they're
giving? Would would you want that in a
scan? These people are magnificent souls
which is the same thing about that $20
million Arkaideshkin built and that
thing always everybody always talks
about. By the way, he's one of the
funnest guys in Cla.
>> He's one of I was once on a plane. He's
on a plane. He's wearing his pajamas and
his suspenders, you know. Come on.
Blessed him. There's nobody else in the
world who has that kind of raise that
kind of money to help so many people.
Again, that's his it's like a guy if a
guy has pick it. Um, do we criticize
people if they're overweight?
>> It was epic.
>> It was epic. We don't We're not
criticizing people today. We have to
know the greatest octus that we can go
in and give is to say, you know what?
Let's just stop this in. You know what
Mus is doing? Criticisms are doing this
Gaha that gahila. The reason why I love
Shiners. I love Shiners and I love Monty
and I love you Shalam and I love Miami.
I love being in Jewish places because we
just love being together. But then why
do we have to stop it just like we have
to just love each other? We have no
problems. We got to just love each
other. And so this whole thing with
they're raising tens of millions of
dollars to date to date over a hundred
million dollars. I'm talking about the
event with the GD because Dar is the
government the Zionist government is
stopping to give money to yeshivas. So
for the first time the GD is saying
we're not going to bend over. We're
going to we're going to we're going to
stand strong. We'll rent we'll get the
money in our own circle. So they come
here and they raise the money. So it's a
good thing. It's so complicated this
conversation about
the army, the Medina,
>> the Kyle,
>> taking money out of America and bringing
it to Ritual. All these conversations,
I'm not going to be a part of that
conversation. Uh it's just not my
conversation. There are people way
bigger and smarter and and more talented
than I am to be a part of it. Again, um
Hashem gives different um interests to
people. There are those people on
different levels that for example have
an amazing affinity to give money to
Bikarum. There are those who have an
amazing affinity to give money to oral
and we need every single part of our
army at Klayasur across the entire
spectrum. For example, people love
other people go to give to a God bless
you. You you could give they give it to
right there. By the way, sadly I want to
cry. I heard the kabad kao over here are
struggling so badly they can't pay. We
have to do an appeal for the kabad kao
but it's a whole segment. I heard I
heard they really need money but you see
hashem has soldiers and there are things
that interest different people and our
job
>> if we could get s to give to a kabad.
>> They do they just they just want they
just want to announce it but
>> s support all the mas
>> they do maybe a little less mikah maybe
a little bit more ko maybe there's a but
but again different soldiers
>> that's what they want. Exactly. You say
like Sar likes paying for the mikas.
>> You know, someone, you know, someone's
criticized Sarah and they go into
Manhattan and go to the hospitals
>> and you Oh, they're great. They're
great.
>> Again, you have criticism about kabad.
Okay. Until you have to, God forbid, you
have to say kadesh and you're in the
middle of nowhere. You know, I my father
passed away 12 years ago and I was
traveling a lot during that time and I
was I didn't miss a kadesh. I didn't
miss an um for 11 months. It was too
much and I traveled a lot conferences
and I traveled a lot and um and I
remember I had to go to Kabad in
Raleigh, North Carolina. It was a very
important meeting and I had to go and I
had to go from Raleigh, North Carolina,
from LA to Raleigh to Raleigh to back to
Miami and then to LA Kabad. It was very
simple. And I called the Kabad in
Raleigh, North Carolina. I said, "I need
a two o'clock in the afternoon on a
Tuesday." And he goes, "Impossible." I
said, "Here's $1,000 to the Kabad
house." He goes, "Okay, two o'clock." I
got there two o'clock. There were over
40 people there. He's giving each guy 15
bucks.
>> So I said to him, I said, "Rabbi, are
you paying?" He goes, "No, the beautiful
community that we have." I said, "Guys,
first time ever." Mini, North Carolina.
Everyone took off from work.
>> Beautiful Jews. Beautiful Jews. And then
I had to go back to Bell Harbor, you
know, to Surfside for for Shakas the
next day. And my plane got delayed. Um,
American Airlines commercial, just let
you know, a small a small jet, American
Airlines, one of those puddle jumpers.
and and I got there and it was delayed
delayed delayed and um you know the the
folks over there they um they arranged
by the time I got there was still nine
for me to be able to dab and then I had
that in other places so
if you we have to know every single part
of our community but I want to tell you
something I grew up I'm going to be 40
in a few weeks I grew up that
>> kabat puts on fill people but when sick
people are in hospitals it's the sass
>> I met a guy in Florida Klein I think is
healing hearts labor guy has beum rooms
in 15 hospitals.
>> Yeah. So now it's crisscrossing
laborator are doing centers but I'm
still waiting for the smer to do the
fill in stands but I'm saying
>> the litfish are doing that
>> the litfish are doing but I'm saying
things are crossing things are crossing
the platforms look today Torah has
become universal in all types of Torah
is now being learned all over the place
where has become universally accepted.
He's amazing.
>> Amazing, right? Amazing. A gift to our
generation. And you see now that all
types of kids, you know, you can go to
the ban by Rabbi and you can see
>> you can go to people who you can go,
>> you know, that rabbi said something and
it changed my entire life and I'm I
think maybe I have to do
he said a few years ago
that the first night of rashana you have
to say to him two times. If you do two
times um yeah tested and shr that
anything you're going to daven for and
whatever. So I'm up till like four four
o'clock in the morning which I know
every year because if I'm already saying
it I need to say every word
>> but I'm almost thinking about doing a
dharma. I want to be able to get up
early for shakus and focus and domining
but now I can't stop.
>> Well so here's what we did in our family
because we also saw that um what we did
is we share it.
>> I'm scared.
>> No no no. So you ask him. You can ask
him. I'm scared.
>> I asked the question.
>> I never spoke to him in my life. I just
heard the video. So if you want we can
call him and we could ask him.
>> You have his number?
>> I do. But um
>> but you also have to again when he said
it and I spoke to him about it as well
and anything that you learn in these in
these farm you have to know how it
applies to you. So if you're going to
stay up to 4 5:00 in the morning and be
able to do the next day you haven't
gained.
>> I still go
>> you haven't gained. It's not it's not
the goal. It's for example after staying
up the whole night to learn. Do you stay
up to do and fall asleep during
dominator?
So you have to know how to apply these
things and if you're gaining or you're
actually losing but it's a beautiful
it's a beautiful now part of the the
value of that idea of saying rash by
night is it sets the framework of your
rash it's like the second day was saying
to him it's like it's again right why
does kabad enjoy so much birthdays why
do we every single has values to it and
we've learned is that we keep on taking
like has become more nashers of being
able to say, "I can nosh from this one.
I cannot from this one." And that's
beautiful. But if you're a nosher, then
enjoy the nosh and don't criticize those
that you don't like.
>> Powerful powerful.
Um, well, we need some like social media
viral clips. Shai, we need three tips.
How since you're in the Gotavi starting
new businesses, give us three tips how
to get your first customers and
obviously once before you start that new
business go to Gotavi to get all your
filings and everything, your LLC's and
your C corps. Three tips. What are the
first three things you should do when
you're starting a new business? Um
number one, identify um who they are.
Identify 20 candidates.
Identify 20 candidates and then say I
just want to get one out of those 20. So
identify them and don't get then go get
them. Two, um identify how you want to
portray yourself on LinkedIn because the
second you call somebody, they're going
to check out your LinkedIn profile.
Three, which is probably number one,
two, and three, you got to dive in. You
got to dive in and you got to know all
the time that is on you is one who sends
the braha. And every no is one step
closer to a yes. We can keep on talking
about all the different tools that go
into getting your first clients and how
you get your second client, you get your
third client, how do you keep on going,
but also perseverance. Um, you know,
like the Knicks lost last night, okay,
big deal. Get ready for the next game,
right? So, it's it's literally staying
focused and knowing that those that you
expect are going to be your clients are
not going to be your clients. They
really are not going to be your clients.
That the ones you think in are going to
be your clients, that's not going to be
it. It's going to come from somewhere
that you never expected. And that's the
goal of focus and staying that course.
>> And how do you I my brother said before,
he said, "Shai is someone that looks at
the world as a game." How does someone
put on those gamified glasses and not
game means you're you know you play
chess game you lose you lose. It's not
some people they call someone oh could
you buy life insurance or buy mortgage
insurance or buy my filing service. How
does someone get that mindset just to
gamify the world that things they don't
take it personal just like you know
>> I I love the question. So when I do take
things personally I happen to be a very
emotional person.
>> My brother's wrong that you said that
you just gamify.
>> So I am emotional. um for real stuff.
>> Um that's true, right? So I am
emotional, but um and and I do carry my
emotions a lot of times too many times
in business on my sleeve and people see
it. I'm not I don't know. I don't play
poker. I don't know how to um
>> you seem to do fine without without the
poker face.
>> The uh the gamifying of it is is again
it's it's sourced all in learning. It
it's sourced literally all in learning.
Um is that you have to create for
yourself a curriculum. You know, I was
not a good student in school. I I didn't
graduate college and I
>> Why did you drop out of college?
>> Um I wasn't I wasn't enjoying it. I got
married. I needed to put food on the
table. It just wasn't my thing. I
>> two years you did
>> My wife was in a laugh. I probably have
like four courses left. Um I don't have
so much. I went through YU. I was I
literally had three goals in YU.
>> So you're not rich enough to get an
honor degree, I guess.
>> So by the way, it's very funny you said
that. Why? It's so funny you said
my years ago I was in LA one day and my
good friend Laser Cornwasa who was a
professor of entrepreneurship in Yu
calls me up. He wants you to come give a
guest lecture in YU. So I called my
mother in Israel. I said Ema you're not
going to believe this one. Why you
called me up that they want me to come
and go ahead and speak there. So she
goes
speaks to me in Hebrew. which is Israeli
you say to Kashm go ahead and call him
up and tell them you want a first class
ticket and you want an honorary degree
you don't need the pom pom and the whole
hat thing
so I said to Laser I'm delighted to come
speak but do me one favor don't like
it's not good for you guys if you
introduce me as a guy who gradu who
dropped out don't do that first he gets
up and this is Shai Stern he dropped out
before you
>> didn't get you didn't get the degree
>> I never got a degree but another funny
thing happened my father was still alive
and we had
By the way, funny thing is when YU had
they lost Nebach a ton of money with
this whole made off scandal was a
terrible moment for them and for many
others. Um so Wu started to take on the
background checks on donors and
professors all these kinds of things and
they called me up and they um they sent
me the business. They gave us the order
for background background checks.
>> Background checks and they paid us and I
got the first check in the mail
university to v Global. I called my
father. I said, "Abby, you're not going
to believe this. I dropped out of Wu and
now they're paying me.
Well, everybody's words. Exactly. He
goes, "Shai," he goes, "shai, it's my
money. I'm down 100 grand in your
tuition. You get a piece of paper.
That's my money." You know, and I had
another funny moment where I was invited
one time to Harvard to Harvard to uh be
like in this fintech roundt kind of 50
executives to go down. I took the red
eye from LA into Boston and um I go
there and I need to take a shower cuz I
want to take a shower and you know also
again it was commercial airline American
Airlines.
>> Sh. So when do you fly private?
>> I don't sometimes.
>> Um so commercial airline
>> and uh and
>> and uh and I couldn't the showers in the
lounge were all uh taken and if you know
the Boston steel in Brooklyn I mean in
uh in Brooklyn there no showers in there
400 years ago.
>> There's no mix there with the showers.
Anyway, continue.
>> I don't I don't recall that. And so, so
anyway, I go to this Harvard thing and
um and I said to the lady who invited
me, "Is there any shot I can go out
there and take a shower somewhere?" She
goes, "Here's the key." Key, physical
key. Next door is the Harvard faculty of
all the professors stay there. Go to
room 202 and you can go take a shower in
there. I called my father. I said, "Oh,
you're not going to believe this one." I
dropped out of college and now I'm in a
room a private suite in the Harvard
faculties of the professors from all
over the world and I got the key to this
thing. So it was who you know runs this
world but about gamifying it look
everything is a gift it's it's really if
you learn the bare part learn the right
to have sitting with you with you guys
this is fun this is this is a gift and
once we appreciate all the gifts that we
have in life um successes have nothing
what to do with us Hashem can go out
there he could take money he could take
it away he can give we dive in you know
we don't we don't speak enough in our
community how blessed we to have good
health and healthy babies and healthy
shid you know until someone has a
tragedy but you know how rich we are
when we wake up in the morning and we're
able to see able to spend time with
other Jews be able to go and have a
coffee and learn to blam care for our
families be nice to our wives meaning
that's wealth that's wealth the the the
noise that we're making today is the
wrong noise and by the way we're doing a
terrible terrible service to our
children is that these are the
barometers that we're trying to go out
there and show it. It it's it's it's not
real and it's going to it's going to it
has impact and we have to be aware of
that. Is there a sh crisis?
You know,
I don't believe in the word crisis.
I believe a self crisis is that we we
self- imagine things that are difficult.
But I don't know how many have you known
about this week. There are people who
suffer right now. There's we we keep
bringing it up and I'm going to keep
asking the question to knowledgeable,
educated, wealthy people and people that
have a good doas tarot like yourself,
you know, grounded, you have your
shoulder on your heads. There's a lot of
older guys and girls that are not
married.
>> How do we tackle this crisis that COs is
dealing with? It's not a crisis and
whatever it is.
>> There's older guys and girls.
>> That's true.
>> At a crazy number,
>> but you know, but you know that we we
>> And you know who the guys and girls are?
The most talented and the most educated
ones. It's always the guy with a PhD
that's the best lawyer, the best doctor,
the best PA, and the girl that has a PhD
and she teaches 40 curriculums in 20
colleges. It's always the most What's
going on? I I I don't know. Um
>> the cookie cutters I I I don't know. I
don't know that. I I do know that the
word crisis doesn't help a situation.
>> It's good for a headline in a magazine.
>> It doesn't help a situation. those
magazines.
>> You know, there are um you know, there
are endless really beautiful that
discuss um how one should manage through
challenges and they're they're really
beautiful and when someone individually
is in a and we all have them you all
individually have this you have two
choices either one you look deep inside
and you say how do I work on myself
while I'm going through this nan there
are sadikim who really say that the
closest that a person can achieve
through a nion is so great is so great
that there are times that if our nama
really knew how great the nion was and
what it is achieving for our soul we
would never want the nion to end that's
what's that's brought down in that
clearly now people everybody goes
through in their own way these these
boys and girls who are struggling to get
married number one we have to really
give our hearts to them and ding for
them it's
there's There's no benefit in um in
magnifying it in a way that crisis
crisis unless it's going to drive people
to actually do something productive.
Productivity is the name of the game.
Tila amuna productivity just to sit
there and talk around around about a
crisis. Meaning the next last night
maybe that's a crisis that doesn't
matter in life. Things that matter we
don't we don't you have to know how to
>> crisisify it.
>> Yeah. We we make things
>> there's there's a way to do things. I I
don't I don't believe that that blowing
things up like that is going to make
things better. Quite frankly, you know
what it does for those boys and girls?
It makes them feel like they're nebul
nebles and and they're not. They're
wonderful people bringing great value to
society who are going to be great
mothers and great fathers and perpetuate
the Jewish community. We need to
encourage them, not make them into
nebles.
>> John, what would you tell yourself at?
What would you tell yourself at 20 that
you know now?
>> Um,
wow. What a what a great question.
>> I think it all boils down to that
teacher that gave you Muster for not
being there for the kids enough.
>> Yeah, exactly. I'd call her.
>> That was 26.
>> What would you tell yourself now
>> at 20? Um, I would have taken a rebby
younger and said, "Here's my my my DNA
is that I can't sit through three star a
day, three star a day. I can't sit
through um, you know, a 4-hour morning
seder and another long afternoon seder,
then a night sader. But I know that I
need to work on character refinement and
my amunak and build the foundations for
going to build a life." Um, and teach
that to me. Um, I I just would have
looked at it that way. Um, I would have
had different skills in business that
maybe would have changed. I would have
had become more knowledgeable in certain
things. Um, but that's not but I also
know that going back to a 20-year-old is
not what he wants from me today. There's
the right the classic VA that they that
they say is there's a reason why the
rearview mirror is so much smaller than
the front windshield, right? Is because
you got to look at that a little bit.
You got to go invite to so much more.
>> Um, but you should publish a safe or
something
after this podcast.
Um, but the key is at 51, where do I
need to go? Like what is my
responsibility today?
>> You you said you need to keep busy. So
you're keeping busy.
>> You got to keep on going.
>> I think you should open your own
podcast. No problem.
>> I tell everybody I meet open a podcast.
>> I told Shai when he needs to put up
daily videos. So he I'm not one of one
of will say to do it then.
>> You're my rabbi. You might be my rabbi
in in social media. Might be in bubble
in art. You might be in and having to
see us say the whole world. social
media.
>> The social media look at everybody loves
you. I'm one of the earliest one of the
earliest.
>> Exactly.
>> You wanted to bring about one thing
about the the boys and the choir. You
want you want
>> I asked you before we started filming. I
asked you if you follow the thank you
guy. He said Rabbi Bender.
>> Right. Rabbi Bender. There was a whole
controversy with the issue. By the way,
>> big big shout out to Rabbi Bender. He
banned the electrical scooters.
Electrical scooters and bicycles do not
belong in children's hands. They're
extremely dangerous.
>> Even if they buy an easy PZ deal, they
still
>> extremely dangerous.
>> The helmets. The helmets only.
>> Extremely dangerous. And if you're going
to have your kids have electrical
scooters and bikes, not on my sidewalks,
where my elderly parents, who look very
young and are very healthy, have to now
compete with some bucker 12 years old
going 40 miles an hour on a sidewalk.
Please. Rabbi Bender put out a letter
banning the electrical scooter like
thank you Rabbi Bender too.
>> Yeah. So they about thank you Hashem. I
asked you what's the story with thank
you Hashem where he didn't want the boys
to be in the choir or what was the story
with that?
>> He he doesn't advise I think what I
understood doesn't advise young kids to
becoming celebrities.
>> What about older people?
>> So Rabbi Bender is he's amazing you know
and uh absolute sadic
next level. I want to tell you a quick
story of Bender story. I've been there,
you know, when we lived in LA, he used
to come to stay by us for Shabas every
year. It was one of the best Shabbat
every single year and it was so much
fun. We're walking to Shaw one Shabas
and I said to him, the neighbor around
the corner at that time lost the father
died um a couple of months earlier. He
was dancing at his first door to Kasa
and dropped dead. Dr. Schwarz, it was a
terrible tragedy. And walking down the
block and I said to him, that's one of
the Schwarz boys. The boy was 16 at this
time. He walked over to the Schwarz boy
and he says to me, "Come here. Come
here. You know who I am? No. Cuz my name
is Yonko Bender. Some people, he says
this. Some people think that I'm a big
rabbi. But I want to tell you what I
want to say to you. He looks at this boy
who's 16 years old, just lost his
father, and he says, I want to tell you
something. Nobody cares about you. You
hear what I'm telling you? Nobody cares
about you. Nobody except for me. The kid
has he has no idea what's going on. And
he looks at him. He goes, "Come here.
Give him a hug. big hug. He says, "I
also lost my father at 16. After Shabas,
you get my number. You can call me
anytime. I get you." And he goes, "And
you never be feel sorry for yourself."
That was Shabas morning. 4:00 in the
afternoon, I wake up from a nap and I
see Rebbit and Bender. I said, "Where's
the rabbi?" He left. Where'd he go? I
don't know.
Cand's back a couple hours later. The
rabbi comes back. I said, "Reb, where
were you?" He goes, "I went to visit Mr.
Schwarz."
He I pointed out the house and I saw the
boy. He didn't say a word to anybody. He
went to Delana's house, knocked on the
door and says, "Hi, I'm your uncle
Bender." And he sat with her for hours
on a shabas afternoon. The big mechanic,
the big Ray Bender, no cameras on him.
I'm telling you a story. Now, Ray Bender
says, "We don't know the background of
this TH boys blah blah. Nobody knows.
It's all hearsay. People start rumors.
All I will say, I'm in Ray Bender's
corner. Regardless, I'm a loyalist to
Rabbi Bender. If he says something, we
don't know what he said. We don't know
to which boys he said. And we also know
he understands boys, what's good for
some boys, is not good for other boys,
their backgrounds. Amarai Bender's
corner. That means if he's guiding a
child one way our job, again, as as I
kept on saying, rabbis, rabbis, rabbis,
we got to be in their corner. They're
doing it because they understand more
than we understand. It doesn't mean, by
the way, I love the whole Thank you,
Hashem movement. I love their music. I
love their messages. God bless them. So,
I'm not picking a side. They're both
incredible. I don't know what Bender
said. I'm just saying, right? Bender
said something to a boy. We have to know
that he's saying it because he cares
about that boy today, tomorrow, and down
the road. And I'm sure by Bender,
without me even having this conversation
with him, he loves the music as well.
>> He's the best.
>> Thank you very much for listening.
>> It's been a real honor and pleasure.
>> It's been a lot of fun. Like and
subscribe. Very important. comment, of
course.