$10M Business ideas w/ The Most Interesting Guy In Tech

$10M Business ideas w/ The Most Interesting Guy In Tech Speaker 1: We call you the most interesting man in tech and I stand by it. One of the reasons you're great is because you made money in all these random ways that I wouldn't have even ever thought to. You've got a $450 million fund down. He also started Thistle, a food delivery business that's like doing over $100 million a year. Speaker 2: You're an SF running around like rich people, weirdos. What's hot? What are the kids into? Speaker 3: Everyone is on peptide. And everyone's got their dealer. Speaker 1: I can't say who was doing this, but on the pitch, I was like, so like, how do you plan to be legit with this whole thing? And he basically pulls up a picture of like the co-founder with like Trump and Kennedy is like, yeah, we're pretty sure we're going to be able to get some things through. Speaker 2: Say it with me, crony capitalism. Speaker 3: One of my best friends is completely jacked and he does not really work out. He does EMS. Speaker 1: It's going to go viral because it's going to be hated and loved at the same time, which is what you need. Speaker 2: Dude, I'd rather take drugs. Speaker 1: This is the only podcast where you're going to get AI, a Triple H reference from wrestling. I mean, the range is incredible. Speaker 3: We're going to get canceled for this episode. Speaker 1: So one of the reasons you're great is because you made money in all these random ways that I wouldn't have even ever thought to. You like created a domain auction thing and made millions of dollars that way. I think you did like a fee fighters thing. Speaker 2: Yeah, yeah, yeah. Speaker 1: Credit card processing. Speaker 3: Yeah. Speaker 1: Credit card processing. You've got a $450 million fund down. You're probably, you know, if anything is in fintech, I go to you as basically like, hey, gut check, is this smart or is this dumb? Because it's easy to fool me. It's hard to fool you. Speaker 2: He also started Thistle. Speaker 1: Yeah, yeah, he just started to help start a food delivery business that's like doing over $100 million a year. So all these different spaces, the guy got married in the metaverse at a taco about whatever the hell that means. We call you the most interesting man in tech, and I stand by it. I have yet to meet a more interesting man in tech. Welcome, Sheel, back for round three or four. Speaker 3: So happy to be back. Also, I got to tell you, since the last time I was on, so many things have happened as a result of me being on. Speaker 2: Like what? Speaker 3: Okay, so I was hiring a chief of staff, and a bunch of people applied. But one person applied, and the person who got the job, my current chief of staff, is a huge fan of MFM. And she was debating leaving her current thing, which was paying her a lot more money, her previous thing. And then she was like, fuck it. I got the opportunity to work with this guy who was on MFM. I'm going to take it. And so my chief of staff joined because of MFM. Speaker 2: That's a lot of pressure for you. I hate when people say that. They're like, I'm willing to take this big pay cut to work for you. Speaker 3: It's a lot of pressure. Last time I was on, I talked about wanting to get better at like photography and video with AI. And this guy Jacob reached out and he was like, I can help you. And we went out for like hours in New York shooting. He showed me all this cool stuff. And then I mean, your audience must be like the nicest people out there because Also, like recently, I went back and looked at the YouTube comments, usually a cesspool, but your guys are so nice. Everybody that listens to your podcast is super nice. Nobody was like, that guy has a big nose or whatever, whatever people would say on YouTube comments. Everyone is like, just talking me up, talking you guys up. It's great. Speaker 1: Ari, the bots are working. Keep paying them. All right. So we wanted to brainstorm with you. So we asked you to bring some ideas, businesses that you think are interesting, would be cool to start. I think we said $10 million ideas, which I don't even know really what that means. But here we are. Sheel brought five ideas. Let's run through some of the ideas and then I want to talk about some. Oh, actually, wait, wait, before we go to the ideas. You had a great thing on, there's this idea of this 50-year mortgage, and you're my finance guy, you're my fintech guy. Speaker 3: Yeah. Speaker 1: 50-year mortgage. Trump is like, you know what? More years, the better. Is this a good idea or a bad idea? Speaker 2: Wait, can you guys give me context? I don't really follow the news. So, I mean, Trump... Sure. Speaker 3: So, right now, a 30-year mortgage is generally the maximum in the United States. So, you pay off a home over 30 years. Trump wants to address the affordability crisis, which is a real problem, and said what we should do is extend mortgages to 50 years. So you have 50 years to pay it off instead of 30 years. I think it's a terrible idea because basically what happens is you give people more money, so the amount that they pay monthly goes down a little bit, but actually you're not earning equity in the home. After, like, the average length of time that somebody our age stays in their home is relatively low. And by that time, they'll earn no equity in the home or almost no equity in the home. Speaker 2: I think the average person spends something like six or seven years right now. It's not a lot. Speaker 3: Yeah, I think that's right. Six and a half years. Speaker 2: And then a 30 year mortgage. I think the way it's set up right now, something like the first 15 years is just interest. Is that right? Speaker 3: It's not just interest, but you're earning, you're not, you're not earning that much equity. And so here you'd be earning less. But the thing is, actually switching from 30 to 50, it doesn't change the payments that much. And the real problem is the 30-year mortgage kind of worked well for an America back then, which was like, you bought a house in your upper 20s, and then you retired by 60-ish, and you owned your home outright. So even today, for when people retire, the median American when they retire, Almost 80% of their net worth is the equity in their home. Speaker 1: Your home is your retirement plan, right? Speaker 3: Your home is your retirement plan. And part of that is, for Americans, you can't spend it. If you could spend it, you would spend that money. But because it's in your home, you can't spend it. So I don't think the 50-year mortgage really solves anything. And actually, probably what it does is drives asset prices higher. So Japan did this in the 80s. They had a bunch of problems like interest rates were zero and asset prices went through the roof. At one point, a single property in Tokyo was worth more than all of the real estate in California. Like it was an insane bubble. And part of that was they extended mortgage times to 50 years and actually some people got a hundred year mortgage. So like your grandkids are on the hook for the problem that you buy. And asset prices went through the roof. And then leverage is nasty when it collapsed. When prices drop a little bit, you're pretty screwed. So home prices have actually gone down so much so that they're still half of what they were in 1989. Speaker 1: In Japan. Speaker 3: In Japan. Yeah. In Tokyo. Speaker 1: Did you say one property was worth more than all? Speaker 2: Yeah, which property? Speaker 3: So, okay, so it was the land value under the Imperial Palace. And so that's, it's about a half, half square mile of space in Tokyo. Speaker 1: So, okay, so maybe, maybe, maybe a bad idea. Yeah, from what I understand, because when rates drop here, Basically, the sellers just raise the price because they're like, oh, you're buying not really on the whole price. It's like, what do I owe per month and what can I qualify for? If my monthly payment is X, I can afford that. So what happens is when your monthly payment goes down, whether it's because you stretch the payments over 50 years or the rates go down, what happens is the sellers just can justify a higher price and it didn't affect anything. You just end up paying more because I think in a 30-year mortgage, I think you pay whatever the home price is plus something like, what is it, 50% or something? Because the interest compounds over 30 years. And if it's 50 years, you're going to basically pay almost double the list price of the home because you pay so much more in interest. Speaker 3: Yeah, exactly. So I think the solution, like we do have an affordability crisis, no question. But the solution is not to induce demand because if you induce demand, what happens? You have the same fixed amount of properties. You're just making prices go up. So the solution is creating more supply, like making it easier to permit, like all this kind of reform to build more housing, make it cheaper to build housing. Speaker 2: I was listening to this person who had a different take on affordability. He was like, are things less affordable today than they were in the 60s? He goes, Look, here's the deal. In the 1960s, your version of a family vacation was a road trip to a state park once a year, okay? You never traveled. You didn't go on a plane. You lived in an 1,800-square-foot home in Dayton, Ohio, okay? Like, you had a crappy car, you didn't eat out, and you never took vacation. Now, young people today, they want more things, which is totally fine. They want to go international once a year. They want to go on these cool trips. They want fancy phones. A new home, even the average home nowadays, is a new home with two ACs and a beautiful build with a really nice kitchen and a really nice bathroom. And they're like, are things less affordable or do people just want more stuff? And it was like an interesting take where I was like, that's okay. That actually does have a good point. Because even when I grew up, I didn't go, this isn't like a, oh, I'm so poor, but I didn't go on a plane until I was 18 years old. We didn't take vacations like I do now. I remember The AC was broken one summer and we just like left the windows open. Speaker 3: Like it was a lot of shared rooms, like bunk beds. There'd be like two or three kids in a room. Now each kid needs their own room. Like you said, Sam, like 1,400, 1,500 square feet was like a nice sized house. And now that's not the case. Speaker 2: Have you ever seen the TV show The Wonder Years? Speaker 3: Yeah. Speaker 2: And it's like, yeah, one father, the husband could provide for the whole family, but he was angry all the time. He worked at a factory where he got like black lug. He was like borderline an alcoholic and he was like frumpy all the time. They didn't go anywhere. When they did, like the car broke down, like times were different. Speaker 3: Yeah, I think so. Taking the other side, though, I think we shouldn't be telling people like you shouldn't want these things. I think we should. Speaker 2: I'm not saying that. I'm just joking. But yes. Speaker 3: Yeah. So I think I think we should make stuff cheaper. And I think we can do that. Making the cost, the inputs cheaper, I think is all possible. I hate demand side adjustments. Speaker 1: The way you said that made it so simple to me, which was if all you do is increase demand and the supply stays the same, you're not going to make things cheaper. You're going to make things more expensive. It's like, yeah, that obviously makes sense. Speaker 2: All right, so a lot of people watch and listen to this show because they want to hear us just tell them exactly what to do when it comes to starting or growing a business. And really, a lot of people who are listening, they have a full-time job and they want to start something on the side, a side hustle. Now, a lot of people message Shaan and I and they say, all right, I want to start something on the side. Is this a good idea? Is that a good idea? And again, what they're really just saying is just give me the ideas. Well, my friends, You're in luck. So my old company, The Hustle, they put together a hundred different side hustle ideas, and they have appropriately called it the Side Hustle Idea Database. It's a list of a hundred pretty good ideas, frankly. I went through them. They're awesome. And it gives you how to start them, how to grow them, things like that. It gives you a little bit of inspiration. So check it out. It's called the Side Hustle Idea Database. It's in the description below. You'll see the link. Click it. Check it out. Let me know in the comments what you think. Speaker 1: What do you got, Sheel? Hit us with your first one. Speaker 3: A lot of these are based on like what's going on in my life today. So I am trying to redo my backyard. And I redid it like 10 years ago. And it's like kind of a shithole now. I want to add pavers, I want to add like a nice, maybe a waterfall, something like that. And so I've been reaching out to all these landscapers, all these backyard specialists. And the process sucks. It takes them forever to get back to me. And then they come here, all they do is measure. And like I knew the measurements to begin with. And scheduling that on my schedule and their schedule sucks. And they're coming from like an hour away sometimes just to do this like 10 minute thing. And then once they take the measurements, they're super busy. They don't get back to me for a week. And so then I'm like, can I really trust this guy? And I was talking to a guy who built a company in this space and said, like, one of the things that's really important to them is just getting back to you quickly. And if they get back to you quickly, you're way more likely to purchase from them. And this is a fairly large purchase, let's say $50,000. And so I was thinking, there's got to be a better way. And you could solve this with AI, in part. So all I could do is give them my address, and they know what my backyard looks like. Like they can get the measurements from satellite imagery. And they could actually give me Today, we're gonna talk about a design. Like they could either not show up at all or when they show up, they could have an iPad with a bunch of sample designs of my place. How amazing would that be? And the idea for this came to me from a buddy of mine who has a company called Deep Lawn. All they do is they help lawn companies And so the lawn company, you put in the address, it looks at satellite imagery, uses some AI to determine how much grass you have, comes up with a square footage, it knows what you charge, and it instantly gives them a quote. And they charge like a couple dollars per quote. But there's so many lawn care companies, so many lawns out there, that it's actually a pretty good business. And it's simple. This is actually like one step beyond that. It's not just giving you a simple quote, but it's giving you a bunch of designs and stuff like that. And I think it's very doable and it would solve a problem that I have if these guys used it. Speaker 1: So it's really interesting you say that. Ben had told me about a business that's very, very similar in the roofing space. Speaker 3: Yeah. Speaker 1: So if you go to roofer.com, so it's r-o-o-f-r.com, and the guy's doing the same thing. It's just the quote part. So basically, I guess the way that roofing works is If you want to get a roof or repair or whatever it is, the guy will come out. So you got to do the same thing you said. Schedule it. Comes out. Just going to check out the roof today. Going to give you a quote. And the roofers hate doing this step because they make no money in the quoting process. They need to get the job. They got to go all the way up the roof. They got to schedule it. They can only do so many in a week. And so what this guy was doing, I don't remember exactly the method, but I know what he was doing, which was he's like, hey, go to the roofers and say, hey, anytime you need a quote done, I'll do the quote for you. You know, you just pay me like a small amount, basically, to go do this quote for you. And I think he was using either drones or imagery in some ways. I think it was drones, the drone to fly by. It would auto-do the quote for you, so you would have a way faster quote, which increases your odds of getting the job. You didn't have to go do it yourself. It can scale, so it can do way more quotes per week than the roofer could have done themselves. And it takes off one part of the sales funnel that they really hated doing. And I think this business is doing really well. I think he's bootstrapping this. I'm not entirely sure, but I think this business is doing really well. Last time I heard the numbers for it. Speaker 3: Yeah, and I think you could do the same thing for pools, decks, pergolas. Playgrounds, fences, outdoor kitchens, all this kind of stuff would be fairly easy to do. So you could build this in one niche and then go into all the others. Speaker 2: You guys remember there was like two or three tech guys that left their seemingly great tech companies, I think, and started bathroom remodel businesses. I think the first one was this guy named Roger. So Roger was previously, I think he started Zynga or something like that. Speaker 3: He founded Mafia Wars, which was part of Zynga. Speaker 2: Okay, sorry, I'm in the ballpark. You're in the ballpark. I'm not right. Okay. And then but like, Gixxer was like a like a, you know, raised by raised money from prominent investors. And then he left to start made.com, which was basically like, you know, how like the best barbers you go and you sit down in the chair and they're like, what do you want? And you're like, just do like a little here. I don't know. Give me like the Justin Bieber. The great barbers are like, there's option one, option two, option three, option four. Here's the menu. Which one do you want? You're like, give me that one. Give me the four. He did that for bathrooms and it like killed it. And then the second guy was this guy, I think named Luke, one of the co-founders of Casper. He left Casper and he's start a, I think, I think bathrooms and kitchens. Speaker 1: It's called Block Renovation. Speaker 2: Was it both of them or just bathrooms? Speaker 1: Same thing, it was bathrooms. Maybe now they expanded to kitchens. And by the way, I don't know how these businesses have all done now, but like super interesting where it was like, hey, Here's four you can pick off the menu. You want your bathroom to look like this, this, this or this. And it was like running Facebook ads. We talked about this years ago on the pod. Running Facebook ads for people who want to upgrade their bathroom, which is not how they were, how any other construction company was selling to customers. So you had this new channel and they're requiring customers to do these like expensive bathroom renovations using this like kind of pick off the menu model, which I thought was pretty fascinating. Speaker 3: I think it's interesting, but it's so complex and things can go wrong and get bad reviews based on your partner or whatever. I feel like it's a very complicated business. I don't know why. I think Roger sold made to Home Depot. I don't know how good of a business it was. What I like about this one is it's really software. You just have to sell these folks and you're not on the hook for anything else. It can be a pretty lean team. I think you can easily do 10 million of revenue on this business. Speaker 1: I love this because, you know, I hate when people want to start a marketing agency because you're signing up to be a genius every month. Speaker 3: Yeah. Speaker 1: It's like, oh, I'm going to be and every business really cares how their marketing is going and they're going to be on there. You're going to be on your ass and you've got to continually be fighting versus things like compliance. It's like nobody wants nobody cares how their compliance is going as long as it's not a problem. So similarly here, like roofing, it's like, Doing the quote is very different than the emotional purchase of a new bathroom that's going to go in our master bath. I really care how the grout was done or whatever. I don't know what that word is. I just used it. Did that work? Speaker 2: I don't know. Yeah, you're there. Speaker 1: So you want to sell things ideally that people don't have extreme preference and emotional attachment to because the bar for delivery is so much higher than it is for boring things that they don't really care about. So I like the example you gave better and also the fact that you could do it for If you could do it for roofing, you can do it for lawns, you could do it for pools. It's a blueprint business. Anybody can go do these businesses. Speaker 2: Is the stereotype true of Indian guys that they don't like being handy? Speaker 1: That's like saying, do white men not like to jump? It's not that we don't like being handy. We're just not handy, okay? All the blood rushes to our brains. There's just nothing left in the limbs. Speaker 3: My dad likes being handy, but Like, I've looked at, he owns some apartment buildings, and I've looked at reviews, and people are like, whenever I need a problem, there's like Mr. MacGyver, who's like trying to solve it with like, he doesn't have the right tools or anything, but he like. It creates some crazy way to solve some problems. Speaker 1: The Indian handyman comes to your house when you have a problem and just convinces you that it's okay and you need to compromise and life is not about getting what you want anyway. Speaker 2: And now look at you guys now, just talking about like, you know, like bathroom remodeled startups. Speaker 1: No, but this one works. This is an Indian friendly business. It's satellite images, price quoting, and then you hand it to a strong guy who's going to be able to go do the manly stuff. Speaker 3: Exactly. Speaker 1: Strong idea with number one. All right, let's go to number two. Speaker 3: Okay, so that's number one. And then number two is maybe an offshoot on that. Like you could start with number one and go into number two. But let's use this backyard guys. So every service business runs the same workflow. It's like you get a call or an online whatever, thumbtack. So you have to answer calls, you schedule jobs, then you dispatch a crew. You follow up and you respond with an estimate and then you schedule the job and then you ask for reviews. And I think all of that stuff, a lot of that stuff is super automatable. And I think the big unlock is actually AI voice. I think a lot of people are sleeping on how good AI voice is already today and how useful it would be for something like this. Yesterday or the day before, Bill Ackman posted something about Elon Musk and he was like, I'm not sure if this was AI or not. And like the three of us are like, are you fucking kidding me? It's obviously AI. Speaker 2: What was it? Speaker 3: It was a fake video about Elon Musk. And it was so obviously fake. It like didn't have his mannerisms or anything. And it was like talking slowly. It was kind of his voice, kind of not. But the fact that Bill Ackman, I don't know how old he is, maybe 60, he couldn't tell, or he was like, I'm not sure if this is AI. So that means that AI voice is already good enough. If Bill Ackman's fooled by this video, then like a lot of people are fooled by AI voice. So already, these service providers should be having AI voice do the work for them. And I think it's already good enough. It's just going to get better in the next year. So I think instead of a contractor hiring an office manager, you give them an AI office manager for like a few hundred bucks a month. And it's actually, you might think of it as a money-saving thing, but it's actually not. It's more than that. It's like, you have super fast response time, people responding around the clock. When I decided to do this backyard remodel was like a Sunday afternoon, and nobody's responding to me then, but the first person to respond is way more likely to get the job than the next person and the person after that. You respond super fast. There's no missed calls. You text to follow up. It does all that stuff for you in a super easy app. Speaker 2: Alex Hermosi comes on to the pod a bunch, and he's one of our buddies. He runs these seminars or these events that you can go to that look really cool. I wanted to see how good his sales funnel was, and so I went to sign up for a call. And as I clicked Confirm Calendar, I get a phone call from a guy. His name's Xavier. And I'm like, Xavier? He's like, Hey, Sam, what's up? I just saw you booked a call. I just want to confirm a couple of details with you and make sure we're good. And if you want, I can move the appointment up, whatever. And I go, I don't believe this is you. He goes, it's a real person. And I was like, FaceTime me right now. He's like, well, we don't have FaceTime. I go, well, you know my number. FaceTime me. I know you have an iPhone. And so he FaceTimes me while he's talking to me. And it was him. It was totally him. And it kind of got me bought into this idea of calling leads within minutes. Within minutes. And, like, there's been so many times where I've bought Yelp or been on Yelp, and I'm like, literally, the first person that will respond to my car wash, like, request is coming to my house right now. I don't care how much it costs. The first person. Speaker 1: And Sheel, what do you think is going to be the challenge? Because I've seen this idea make so much sense to me. And there's either there's a couple of them out there. What do you think is going to be the key? If you're the founder, you're running a business like this. What do you think you need to do to win? What would you do in your maybe go-to-market or like how would you take this idea that I think a lot of people are going to have, but how would you end up being the winner? What do you think would make the difference between winning and fourth place? Speaker 3: Yeah, so it's too bad that AI robocalling is illegal because what I would probably do is just have my voice agent Call each of these people, right? Speaker 1: Right. Speaker 3: So maybe you can do it where like, I don't know what the legality of this is, but like maybe you do it where you call your AI voice agent calls in and you're on the call and Maybe it's fine then and the AI voice agent is so good that you convince them. So you just call each of these people and convince them that their agent is so good. Like, don't you want to try this? Try it for free. I'll just send you leads right now. And you do it that way and it can be a great business. Speaker 1: Today's episode is brought to you by Hubspot because using only 20% of your business data is like dating somebody who only texts you in emojis. First of all, that's annoying. And second, you're missing a lot of the content. But that's how most businesses are operating today. They're only using 20% of their data, unless you use Hubspot. That's when all your emails, your call logs, your chat messages, they turn into insights to help you grow your business, because all that data makes all the difference. Learn more at Hubspot.com. Speaker 2: I want to ask you, so you have like two or three more ideas on here that are actually really good. One that has the least amount of information on it. I actually have a question about it. Let's do it. So you put on here something about peptides because everyone in SF is doing it. And this is me just like wanting to get information. So peptides basically It's a category of drugs, whatever, we can talk about it. But oftentimes people use peptides and TRT and HGH interchangeably or in the same ballpark. Are you saying that all the nerds in SF are now on testosterone or peptides? Speaker 3: Everyone is on peptides and everyone's got their dealer. So the way this works is like peptides are like these amino acids that tell your brain to repair or regulate something. Speaker 2: They're like precursors to protein or something like that. Speaker 3: So it's really good for a bunch of things that your body can do and regulate. So like healing, body composition, like give you more energy, control your appetite. Those are GLP-1s. The problem is, the problem with this business idea is they're not legal or they're legal for research purposes. Speaker 2: They're not approved for the applications that people are using them for. Speaker 3: That's right. So I don't know where the opportunity is here, but it's like really complicated to use them. And like in San Francisco, everyone's doing it. So your friends are doing and they're like, oh, I got this peptide and it's been so great for me or whatever. And of course, like there are challenges in it not being FDA approved. But I think for the most part, these are things that people have been using for years and have some sense of efficacy on. But, you know, people are getting We're going to talk about semi-glutide, like ozempic and other ozempic-like things via peptides. And so a lot of people right now, longevity is a huge opportunity. You've seen like Function Health and Superpower and others do really well there. So there's a ton of interest, but the experience I've had with peptides is confusing and sketchy. So I actually haven't tried them yet, but I have tons of friends who are talking about it. So I feel like there's some educational opportunity There's some like dosing guidance, safety, some high trust supply chain and coaching opportunity in this space, but I don't know what it is. And the FDA approval thing obviously is a big problem. Speaker 1: Interesting. So you're saying maybe right now, because the legality and the approval part of selling the things directly is sketch, you would build the biggest, most trusted information source so that when the time comes that this becomes more clear, you either become the highest value affiliate or you yourself could start to deal peptides. Speaker 3: Exactly. Exactly right. Have you guys heard of peptides or you have friends on them? Speaker 1: I heard of it because Sam, like five years ago, before peptides was really a thing, told me his Achilles hurt. And then he was on some Reddit forum and got a vial of something and injected it into his body. And I was like, bro, what are you doing? You know, just taking drugs off the internet? And he's like, it's amazing. I feel like Wolverine. Speaker 2: BP-157, baby. Oh, people love BP-157. My daughter who was just born, that's her middle name. BP-157. Like, I love that stuff. So yeah, look, like I've always been like into this type of stuff. And if you listen to the podcast, You know, I'm going to kind of brag a little bit here, but like, semi-glutidated Ozepic, dude, when it got popular, that was all dues to us on this podcast. Speaker 3: We had been talking about it. Speaker 2: I had already overdosed on it. I could have told you all about it. And so I was into this stuff in San Francisco. And then I moved to Austin. And that's when I really got my fix, man. Like every Jack guy ever was like showing me all the cool stuff that they're doing. And not a lot of the stuff was like, it wasn't like a, I don't know actually the definition of a steroid, but it wasn't like an anabolic, like make your muscles huge. But there was like BP 157 for when I hurt my Achilles, someone was like, you should try this or you should try it your shoulder. And there's all these like, weird peptides and weird things that were around longevity, not like, how do I look like Triple H like, you know, in wrestling? Like, not like how do I look huge, but how to like live a long time. And so yeah, I've been fascinated by all this stuff. And I think that I think there's a lot of really interesting stuff, and I still test a lot of this stuff, and I got a guy. I text him. I got a guy. I text him, and I Venmo him. It's incredibly shady. However, Shaan and I invested in a company called Hone. Well, I forget what they're originally called. Speaker 1: Peak, peak health or something like that. Speaker 2: Yeah. Yeah, I don't even remember. But they were originally just TRT. Now they do everything. And we get the monthly updates. And this is like the chart is like you want the chart to look this way. And I think that they're doing a really good job of not looking like, you know, for a long time, actually, we talked about TRT clinics, Shaan and I, you and I did. And it was like, dude, the biggest TRT clinic is like this guy based out of Vegas. And he's got these like stores and you go to the store to get your TRT and they have Lazy Boy leather sofas and like Monday Night Football on and it was like the lamest, like almost untrustworthy thing. And so Hone is actually a good example of they also do female stuff too. I don't know what type of drugs women take, but they sell women drugs as well. And they've done a much better job. Speaker 1: It's not like Spanish where there's like the male and female pronunciation of the verb. Speaker 2: Yeah. Yeah, I don't know. Whatever you guys take, whatever you're into, I guess there's a little bit of everything for everyone. Speaker 1: This is the only podcast where you're going to get AI, TRT, Triple H reference from wrestling. I mean, the range is incredible. I looked at this peptide business recently. The same thing, I'm like, okay, clearly there's demand, right? But how do you do this legally and what's the good way to do this? And I can't say who was doing this, but on the pitch, I was like, so how do you plan to be legit with this whole thing? Because it's unclear what the legality is going to be of this. And he basically pulls up a picture of the co-founder with Trump and Kennedy. He's like, yeah, we're pretty sure we're going to be able to get some things through. And I was like, oh, wow. OK, that's probably one of the best slides I've ever seen in a deck. Speaker 2: He pulls out a card from his wallet. He goes, I have an answer right here. You're like, sir, that's a get out of jail free card from the game Monopoly. That doesn't work. Speaker 1: And so I was like, I think actually, yeah, we're really close with Bobby Kennedy would be like a perfectly reasonable part of your business plan right now. Speaker 2: Is that really what he said? Speaker 1: Literally. Yeah. They were like, hey, they're pro this. It's going to pass. And we're like, we're going to do everything the right way. One thing they pointed out, rightfully so, is that everybody who's in this space right now is like the kind of like, you know, like the early kind of crypto community, like kind of mid-stage crypto community where everyone's just trying to get a quick buck. And they're going to go like foul. And like, you could just be Coinbase, right? And you could just be like, hey, we're just going to do things the right way. And we trust that over time, this will become more and more, you know, mainstream. But we're just gonna do things the right way from the beginning. And like what Coinbase did, where like, you know, all the other crypto, you know, exchanges sort of fell off. I think, a valid strategy in this case. Speaker 3: A core part of their pitch as being, I'm close to the administration. I've heard so many pitches about that now, which is kind of sad, honestly, but it is what it is. Speaker 1: Like slide 13, we know a guy. Why is this in your deck? Speaker 2: Totally. Speaker 3: Actually, I've been searching and ChatGPT will not answer me a bunch of questions I have because it says peptides are not medically cleared. We can't answer this question. One of my main sources of information is gone. Speaker 1: Right. By the way, again, can we do a little politics tangent real quick? Earmuffs if this bothers you. Sam, I just thought you'd find this entertaining. Did you see the Trump thing about, do you know who CZ is? Do you know who CZ is from Binance? Speaker 2: The Binance guy. Didn't he like pardon him? But Trump definitely doesn't know who that guy is. Speaker 1: So he pardoned him and then he gets interviewed. So the guy was in jail, I think for four months or something like that. And this guy owned like the biggest Asian crypto exchange and was like in whatever, he was in hot water for money laundering and wire fraud, a bunch of stuff where it's like, You know, bad people are sort of using your exchange to do money laundering or something. And they asked him, they were like, but you pardoned this guy. And then he bought like $2 billion of your son's cryptocurrency. Like, don't you see how that seems bad? Like, why did you pardon him? He's like, here's the thing. You want to know what? You want to know? I don't know who he is. And I was like, wow, the audacity. It was just the audacity of saying, I don't even know who he is. Don't know anything about the guy. And he pardoned him. I just thought that was one of the most crazy things I've ever seen. It's like, this man has no fear. He's not afraid of anything. He does not fear anything, if he's going to say that. Speaker 2: What was the guy from Nicola? Speaker 3: Trevor Melton. Speaker 2: He pardoned that guy too. What the hell, man? And then they looked into it. They're like, oh, that guy donated. Speaker 1: Yeah, it's a get out of jail, not for free card. Get out of jail at this fixed price. Speaker 2: Yeah, that was insane. Speaker 3: And the price is actually very low. It was like a couple million dollars. Speaker 2: And did he really say that word for word? He was like, I don't know where it's like. Speaker 1: You're not ugly. You're just poor. It's like you're not a criminal. You're just poor. It's like you can get out if you got access to a couple million dollars. Speaker 2: There's that joke. I forget where it originally came from. They're like, if you own the bank, like 50 grand, that's a big deal. It's really bad for you. But if you own the bank, if you owe the bank $500 million, that's really bad for the bank. Speaker 1: Yeah, that's the bank's problem. Speaker 3: The other one that was crazy was that George Santos. I just thought it was so funny. Like this is like a congressperson who like lied about everything. Like he would have a different college that he went from each time you talked to him. Speaker 2: He claimed the guy said he was Jewish. Speaker 3: He said he was Jewish. And then he was like, Oh, I met Jew-ish. Kind of Jewish. Speaker 2: I'll hear where I live. There was like a New York congressman or something like that, like kind of or the local center. I don't even remember what it was. Not that important. But he was like, he was a gay Brazilian guy. I think he's Brazilian. And he had the audacity to tell people that he was Jewish. And they're like, George Santos, I don't think you're Jewish. He goes, Oh, I didn't say I was Jewish. I said I was Jew-ish. Like I like hanging out with Jewish people. Speaker 1: Honestly, it's an old-timer. Speaker 3: It's an old-timer. And then, like, he had so much audacity. Like, he claimed that his mom died in 9-11. But, like, there are very good records of who died in 9-11. And he, like, lived in Brazil at the time. There was no chance that that was possible. Anyway, pretty incredible. Speaker 1: All right. Earmuffs can come off in politics. All right. What else you got? Speaker 2: Oh, the surrogacy thing or the EMS thing. Those are all cool. Speaker 1: Okay, let's do the surrogacy one. Speaker 3: Okay, let's do the surrogacy one. Okay, so personal note, my wife and I, we're like old. I'm 43, my wife's 40. And my wife has a genetic condition that we need to screen against. And being pregnant can trigger this condition that she has. So our doctors have said, if you can avoid pregnancy, you should do so. And we were like, okay, we can afford it. Let's do it. So we started going down the surrogacy path. And for those of you who don't know, surrogacy is when another mother, another person carries your child. And so you transfer your embryo to that person and then they carry your child. And it's growing very substantially. So like, this wasn't really a thing not that long ago. And then actually, New York only legalized it five years ago. So it's still growing very rapidly. It's obviously extremely common in the gay community, because that's the only way they can have kids, you know, their own their own children. And it's actually a very complicated thing how it works. There are a bunch of surrogacy agencies out there. And the surrogacy agencies, they have a number of women that they work with, carriers, and then they try to match you. But the way it works is, they can only introduce you to people that are in their platform. So imagine if it was like, and it's a matching thing. Like, there are a bunch of things that we care about. There's a bunch of things that she cares about. We ultimately found a great match. And she's wonderful. We love her. Speaker 2: And how much is it? And how much does the woman get? Speaker 3: Yeah, so it costs roughly $150,000 to $200,000. Okay. Speaker 1: And that goes to her plus the agency takes a cut. Is that how it works? Speaker 3: Agency takes a cut. She gets a certain amount. So I think in our case, she gets $75,000 roughly. Something in that ballpark. There are a bunch of things that, you know, there's a base fee and then a monthly fee and travel and time off work and all sorts of childcare, all sorts of stuff that's embedded in that. And then there are a bunch of, there's like legal fees. And then of course, there are medical fees for like actually doing the transfer and her health care and her insurance that we pay for. Speaker 2: And do you get to hang out with her? Or is it like, do you see her on a monthly, like do check-ins? Speaker 3: Yeah, so we hung out with her. Like, so we're in San Francisco. She's in Las Vegas area. We've hung out with her. She's, she's come to our house. We like her. We text with her. You know, When the transfer happened, we sent her stuff. We know what her family life is like, all sorts of stuff. The thing I didn't realize going into this is there are a bunch of things that you might care about or that somebody might care about that are important in making this match. So I thought, Like, I didn't really know what I would care about, but we've talked to people who care about, like, what do they eat? Are they eating only organic? I met a Hindu person who said their surrogate can't eat beef during the time of pregnancy. People obviously care about, would they abort if medically important? Are they okay carrying twins? Would they have a c-section? And then there are all sorts of other stuff like, Do you want to have a relationship with this person? We really like our surrogate. We check in with her all the time and she texts us back. But anyway, there are all these things that you want to match on. But the way it works is each agency only has a few folks that you can talk to and make that match. And it would make a lot more sense if you had a dating app like eHarmony. Here are the things I care about. Here are the things they care about. So it makes sense for it to be a larger thing. Imagine if you were buying a home and your real estate agent could only show you homes that they had listed. That's kind of what it is today. I think there's an opportunity in making this much more common. I think people don't realize how many medical challenges people have and that being the reason they're not able to carry and not able to have kids. I think if people knew that, some of the stigma about this would go away and you'd have more people who want to be surrogates, want to be carriers. So I think there's an opportunity to create a company that does this for people and is a much broader agency than what's out there today and sort of does this matching process, brings people on, sort of recruits carriers. That's really the challenge right now is there are not enough carriers. So I think you have to I create more carriers, and to do that, you sort of market, you offer them a higher portion of the payment. So I think by automating some of this stuff, instead of it being a manual process where our agency, the lady's going word of mouth to find new carriers, I think you can automate a lot of that process and create an awesome business. But I don't think this is gonna be a billion dollar company. I think there are maybe 5,000 to 10,000 birds in the United States Every year from surrogacy. And I think that'll probably expand, but I don't think you can build a billion dollar company here. I think you can build, I think you can do something great for the world and, you know, run a company as well. Speaker 2: How do they recruit these women now? That's such a strange way to recruit someone. Speaker 3: It's a great question. I don't know. But I think what they do is there are all these communities, Reddit, Facebook, et cetera, where people are posting. And you go there and people and a lot of the agencies are there just recruiting. Speaker 1: Can I go full crazy here? Speaker 3: Yeah. Speaker 1: Surrogacy MLM. I think an MLM has solved the marketing challenge of how do you recruit other women to go like kind of do this thing for money. And this is just the like premium. Why sell makeup and candles when you could have a downline generating, you know, $100,000 a pop, right? It's a premium MLM. Speaker 2: It's so crazy. I've got so many friends doing this. When I was a little kid, in my early 20s, the only thing I knew about surrogacy was that Amy Poehler movie where she's the surrogate for Tina Fey and she eats Big Macs and it's like, can we change her to be healthy? That was just the movie. But I didn't know anything about this. And now I think I probably know five or six or seven friends that have done it this way. It's a pretty wild experience. It's also like science is amazing. It's one of these things that I learned about this and I'm like, this is just absolutely insane. I can't believe this exists. Speaker 1: So Sheel, if you said there's 10,000 surrogate births a year, roughly, you think that's ballpark, right? Speaker 3: Yeah, it's growing fast. I think it's growing like 10% a year, but let's just say 10,000. Speaker 1: So if it was $100,000 average spend per surrogacy, that's a billion dollars a year of sort of revenue generated across all the different agencies today. Speaker 3: But yeah, but note that most of that goes to the surrogate. Right. Speaker 1: You're a venture investor, right? How do you describe to somebody who's not a VC The appeal of the sort of niche, weird marketplace, that behavior that seems a little fringe today, but oh my God, wait, people spend how much money watching people break open Pokemon card decks and whatnot as a $12 billion company now? Watching people open Pokemon card packs live on the internet? What do you mean? There's an appeal to this. How do you describe that kind of phenomenon and the upside of the sort of the fringe? Speaker 3: Yeah, so I think Whatnot's a great, great one because it started out as a collectible marketplace for Funko Pop toys. And if you told me that a collectible marketplace for Funko Pop toys would five years later be worth, I think it's like $12 billion or something, I would say you're crazy. But you start somewhere and like you dominate that niche. I think in this case, I don't think it's a venture opportunity. And I also think venture capital incentivizes growth. And that might incentivize the wrong thing in this in this space. So I probably wouldn't want it to be a venture opportunity. But I think it is a good opportunity for somebody to build a business. Speaker 1: So, me and Tyler, the CEO of Beehive, came up with a little challenge for you. It's the newsletter challenge. Now, if you know me, you know that I'm a big fan of newsletters. I got my own newsletter. I also had a business that was a newsletter business that was amazing. I wrote this newsletter about crypto. We grew it to a quarter million subscribers and we ended up selling it after a year for millions of dollars. And I want you to be able to do the same thing in your business. So, we're doing a challenge. $10,000 is on the line. Plus, me and Tyler will actually be in your corner as growth advisors. You just need to go to beehive.com slash MFM and you either start a new newsletter or you move your current newsletter over there and five finalists will get picked to pitch me and Tyler, sort of like Shark Tank, and the winner gets 10 grand. So, go to beehive.com slash MFM. That's beehive.com slash MFM to enter the challenge today. Speaker 2: Can I ask you about one more thing you have here? Because this is on the long list of things I thought were so stupid when I first heard about this and people seem to love it. And it's, you know, what do I know? Shaan, have you heard of EMS? Speaker 1: Is that like an ambulance? Is that what EMS is? Speaker 3: That's another EMS. Electronic Muscle Stimulation. Speaker 1: OK, tell me about it. Is this like the thing where you get six pack abs by putting the electrode on your thing and you watch TV? Speaker 3: Yes. So, OK. Here's the thing. So you got to try it, first of all. But one of my best friends in the world... Speaker 2: Dude, I'd rather take drugs. Speaker 3: Yeah, okay, fair. So one of my best friends in the world, completely and utterly jacked, and he was not five years ago, And he does not really work out. He does EMS. So what it is, is he has this little machine that he bought for $35 on Amazon. Look for TENS, T-E-N-S and EMS. Speaker 1: Oh, we have one of those. That's for like during contractions. My wife used the TENS machine. Speaker 3: Yeah. So he puts those all over his body and he like jacks it up. I hate the feeling of it, so I don't do it. But I have seen it work for him so well that this is something. And so recently, I was in New York a couple weeks ago and I went to a workout facility where they have it set up like on a thing that you wear. And part of the problem is it needs direct skin contact. So it's annoying to put on and off. If it was easier to put on and off, I would be doing this thing. But I went to a facility where they had this thing and they like, You put a shirt on that has these electrodes on it and they spray water on it so it makes it touches your skin basically. And it's an amazing workout. It was one of my favorite workouts ever, and it was 15 minutes. I know it sounds like total bullshit. Speaker 1: Wait, so with this one, you do work out while it's happening? Speaker 3: You do a little bit of a workout, but it's working you out a lot more because of the stimulation in your body. Speaker 1: Wait, wait, so let's go to the case study of your friend. Your friend five years ago, not Jack. Speaker 2: Tell me his name. I'm going to go to his Instagram. Speaker 3: His name's Amrit. Dear, he's going to love this. Speaker 1: Okay, so Sam, pull up a picture. Ari, get a picture. Let's get a screenshot. Speaker 2: Do we get a shirtless pic? Speaker 3: I can send you guys a pic. Speaker 1: He's jacked now and you're saying that the in-between, there wasn't like a CrossFit phase and then this. It was really just this over a period of time. Speaker 3: Plus diet, I assume? Not much change in his diet. He's diabetic, so he's kind of limited in what he can eat. He hasn't changed his diet. But he attributes it all to this. So, okay, so where's the opportunity? I think, so this gym thing that I did in New York, it was amazing. And I looked for one here in San Francisco. I couldn't find one in a cursory search. But I think you basically build a berries of BMS where like you have a workout routine and it's really fun and there's a class and people put on this thing and they're used to it and they get jacked and people see them getting jacked. And I think the way you do it is like you start with somebody like me who's like not in great shape, a little flubby, and then I go through this and like you show the evolution and then people are into it and people are like, I gotta try this. Speaker 1: Yeah, this has the viral factor of being weird, right? Like of people hating on it, right? Like if I posted this and I was like, this is all you need, you're going to get all the comments about like, dude, just do it, blah, blah, blah, you know, like, and so it's going to go viral because it's going to be hated and loved at the same time, which is what you need. Speaker 3: Yeah. So the problem with the $35 product, so he bought it for me and I, the problem is you have to like do these sticky things you have to put on your body and it just like takes time. What he does is his primary workout is he flies a lot for work. And when he's on the plane, he's doing it the whole time. And that's his primary workout. Speaker 1: Does he put this through the x-ray machine? And what the hell are you? Speaker 3: It's a little thing. It's like the size of a phone. It's nothing. Speaker 1: Oh, but so this thing you linked this catalyst thing. This is the full body suit. You go there and you exercise or what is this? Speaker 3: Yeah, that's that's the full body suit. That's basically this but already in a suit form. Speaker 2: All right. Speaker 1: I think I may have to try this. Sam, what do you think? As an actual fit person, what do you think of this? This may not be the market, actually. Speaker 2: I love shortcuts, though. Like, you know, like if I think we had some of the positive, like, why don't get why people hate on get rich quick schemes? Getting rich quick is the best way to get rich. So like if I can get like more fit without doing anything, I'm on board. Is there actually data that backs this up? I think it's pretty lame, but if I can... Speaker 1: Did you not hear the story about his friend? Speaker 3: Yeah, no, it's a good... Speaker 1: I'm against the data. Speaker 3: So I think there is data on Catalyst. People use it. I think the question is whether these $35 machines work. And I only have my one friend as a data point. And the funny thing is, like, We've all seen it work for him. And yet, none of us others in the friend group have done it. And the reason for that is it's annoying, like to put these things on. And it's painful. And he's willing to like every plane ride, he's willing to just do it the whole plane ride. And I'm not. But when I did this workout, he took me to the workout class in New York two weeks ago. And when I went to that workout class, I was like, this is actually really fun. And I know I'm getting a great workout. Like, you feel the next couple days, it was like the good kind of hurt after a great workout. So I was like, I know this is working. But how come I haven't heard more about this? So I think there's opportunity in building a product and this like Barry style workout, where like, you teach people how to do it. Speaker 2: Dude, this looks pretty sick. The vests like look like a like, like armor, like body armor. Speaker 1: Yeah, you look like a Navy SEAL. Yeah, except for I don't know what this tank is here. That that's a little bit suspicious. I don't really fully understand what all the pieces are. But dude, if people are buying $6,000, $6,000 cold plunges at their home, And you know, five to $10,000 saunas at their home and red light therapy. My brother-in-law's got a red light therapy bed in his house and his kids are doing it because it's like good for their sports, whatever, recovery, whatever this is. Like, there's really no end to the kind of wellness. You know, rabbit hole, right? And there's always people who are going to look for the next edge. It's not too dissimilar to a reformer's machine in a Pilates class, right? Speaker 3: Yeah, absolutely. Speaker 1: It's a tool that gets you more leverage on your hour of exercise. Although this makes me want to make fun of it, it also makes me want to secretly do it. Speaker 2: These guys, I actually was looking it up, these guys, I think they emailed me, these Catalyst guys, asking if I wanted to test this out. And I don't know if I replied, but if they're listening to this... Speaker 1: Wanting you to be an influencer? Was this during the Sam Fitness influencer era? Speaker 2: It could have been. That was a great era. I think I influenced literally dozens of people. Speaker 1: Does six weeks count as an era, though? Speaker 2: Well, you know. It's a season. Speaker 1: You transition to the dad influencer pretty quickly and the content shifted. Speaker 2: Once I had a kid, I wanted to quit posting shirtless photos online. But just so you know, it's still there. It doesn't go away. It's still there. And so Catalyst, I'll totally try this thing. This looks cool. I like to make fun of these things, but suit me up, baby. Speaker 1: There's an announcement on their site of like, hey, I know a lot of you have had a very, very bad experience, but there's a new owner and we're going to do it right this time. So, you know, maybe it's been a little bumpy road. Speaker 3: Yeah, I'm I'm in a bunch of like these longevity groups in San Francisco and WhatsApp and people are people were like trying to buy the company. Speaker 2: Can you let me wait? That's actually OK. You just gave me a beautiful opening. You're in SF. You're kind of running around like a bunch of rich people, weirdos, successful people, like this really cool combination of people. What are the kids into? Like all this longevity stuff. What else is interesting to them? I don't live in San Francisco anymore. Shaan lives a little bit outside of SF now. Before, when we were there, it was the best place to see what's going to happen in a handful of years because there's all these weirdos doing cool stuff like sharing their couch on a website and now Airbnb is a thing. Or sharing their car. What are some other interesting stuff that the oddballs are into? Speaker 3: Yeah, I think there's so I think we talked about a lot of them. Peptides. Nobody's drinking. You know, I think this Brian Johnson has done I do a lot of business wonders for a lot of folks in just changing how they think about life. Not necessarily all good. I don't think drinking is absolutely terrible, but I think probably people should drink less than they do. One interesting one that I did not, like a new business, as crazy as Airbnb and Uber were, I think prediction marketplaces are a good one. It's obviously not just the San Francisco thing, I probably would not have funded when these companies got funded. I would say, like, this is never going to work. It's going to be highly illegal. But the fact that you can... Speaker 2: What's the difference between a prediction market and... So prediction market, does that just mean, like, guessing who's going to win president or who's going to win the mayor? Speaker 3: Yeah. So one of my pushbacks was, initially, was it's only going to be used for elections because, you know, that's obviously something that everybody is thinking about and wants to bet on. But actually, they use it for so many other things, too. There are political outcomes all the times. People are using it. It's basically like a proxy for sports betting. You can do all sorts of secondary derivative products on top of equity investing. There are markets for everything. I think there are a lot of questions in my mind about why it's legal and can you influence the outcome of something that you're betting on? If there's a marketplace on whether How many companies BTV would invest in the next year? I'd be betting on that while participating as well. But I think there's no question that there's a huge opportunity in this space. Speaker 1: Did you see the Coinbase earnings call thing? Speaker 3: Yeah, that was fucking hilarious. Speaker 2: What happened? Speaker 1: So there was a prediction market on PolyMarket for the Coinbase earnings calls. Like, oh, the Q3 earnings call, will Brian Armstrong say any of these words or how many times he'll say these words? Speaker 2: Oh my gosh. Speaker 1: And then at the very end of the call, how much volume? I think it was probably, you know, it was low. Speaker 3: It was single digit thousands. Speaker 1: It was like a very small thing, but his team passed him a note and he goes, Oh, before we hang up here, I just would like to say Web3, Crypto, Blockchain, Bitcoin, Ethereum. Thank you very much. And he just basically, he's like, you know, just for all the prediction markets out there, you know, here we go. And he just hit all the words. He just said seven words and then laughed and then basically like they hung up the call. And I thought that was so funny. But of course, it's not that funny when like, There's all these sports things going on right now. Speaker 2: In the UFC, if you're a nobody UFC guy, you get $25,000 for fighting and they've flagged a bunch of fights where they're like, this is very suspicious because there was $80,000 on the line for a fight that the guy would only earn $25,000 and they're being investigated. So yeah, there's going to be a lot of downsides. When I was in San Francisco, it was like a joke. It was like, the Giants play here? Where are the Giants? No one knew. It wasn't particularly popular. I know Shaan was into basketball, but basketball or any sport wasn't particularly that popular. Are the young tech guys caring about gambling for sports or is it all other stuff? Speaker 3: It's a lot of other stuff. I think sports is interesting and I think will be one of the key markets in the prediction space. I think there are also some other things like gambling on or predicting equity outcomes are interesting too. I look through those things all the time. I'm just curious. It's also uncanny how right they are and how ahead of the curve they are in some of these things. Speaker 2: Can I ask you about one more thing? Speaker 3: Yeah. Speaker 2: You made a very interesting statement. We said, what are three strong opinions that you have for life? And your number one opinion is, I think books are a waste of time. Speaker 3: For me, I think books are a waste of time. I haven't read a book in like 15 years. And I think It's a very contrarian opinion, but I think like I have so many friends that are authors that I talk to that are just like trying to get the words out. But if you like listen to a podcast, it's like one podcast by that author is at least 80% of the value of the book. And so is it worth spending another five hours reading to get the additional 20%? In my mind, no. So that's my that's my provocative statement. Speaker 1: It is the first thing I do when there's a book I'm interested in. I go to YouTube and I just look for a talk by the author. And if they're not interesting in the first 15 minutes of that YouTube video, the book is definitely not going to be interesting. The book will probably have more. You know, it's not going to be fully sufficient. But if you can't do if you can't give a good talk, you probably don't have a good book. Speaker 2: Let me give a different opinion that's related. So I read a lot like in terms of quantity. And I was rereading a book that I read when I was younger. I think it was like Robert Ciaudini's Influence. You know, it's all about persuasion. And I was like, I've read all these other books on business and whatever. I should have just reread this same book every six or three months and not read any other book on this topic, and I would have been significantly further ahead. And so my opinion that I'm telling young people when it comes to reading, I'm like, pick like the two or three like classics or the greats of it and master it. Know it word for word and master it and don't read a lot. Just read the same thing over and over and over again. If you want to read for fun, read for fun, but just do the same thing over and over again for your educational books. Speaker 1: What were the other three? You said you had three. Speaker 3: I think I had two. The other one was just reach out to the owner. So this is, lately, a few things have happened. Like I'm booking, it's my wife's 40th birthday, and we booked a trip for like 40 of her friends. And I was having some trouble with the cruise. It's a Virgin Voyages. And I was having some trouble, so I just reached out to the CEO. I just found the CEO's email and I reached out to him and I was like, hey, you know, if I were you, I'd want to know troubles. Like, you're a smart guy. You want to build a great brand. I've had experience with you, with your brand that was not great. Let me tell you about it. And he responded so favorably. He was like, thank you so much for telling me. Here's what I'm doing about it. It just made me realize that I should be doing that more often. So actually, we did that recently with our fertility clinic. Same thing, like had a bad experience. I reached out to the guy who founded the clinic. And, you know, obviously, you shouldn't do it for everything. But in some cases, these people want you to have a great experience with their brand. And they don't often know until you write a bad review, they don't know. So it's just important to let them know earlier on. It doesn't have to be the owner, but in my case, it was. Speaker 2: And did you get a discount? Speaker 3: I didn't get a discount, but I got like really like white glove service where they're like everything I want, they respond immediately. And I'm not trying to be a dick about it and like get something that I don't deserve, but it worked out quite well. Speaker 1: Right. But it wouldn't say no to you making it right either. Speaker 3: Yeah, exactly. If you want to give me a discount, I'll take it. Speaker 1: Sheel, you're great, man. Thanks for coming on, as always. It's always super fun having you on. Speaker 3: Super fun to chat with you guys. This is great. Speaker 1: Hey, let's take a quick break. I want to tell you about a podcast that you could check out. It is called The Science of Scaling by Mark Roberge. He was the founding CRO of Hubspot, and he's a guest lecturer at Harvard Business School, the guy's smart. And he sits down every week with different sales leaders from cool companies like Klaviyo and Vanta and OpenAI. And he's asking about their strategies, their tactics, and how they're growing their companies as, you know, head of sales or chief revenue officer. If you're looking to scale a company up, if you're a CRO or a head of sales that's looking to level up in your career, I think a podcast like this could be great for you. Listen to The Science of Scaling wherever you get your podcasts.