Importance of Networking and Running the Biggest Events in the World | Bill Walsh DSH #355
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Transcript
What makes you want to help people?
What made you get into the business of helping?
You know what?
I started out and in 2000 I was burnt out and I said there has to be more than just make the money and go through the grind and do your thing and you know what are you really great at?
What serves a lot of people?
Is there money in the industry and would you do it for free?
If you can answer those four questions you know you're on the right path.
Wherever you guys are watching this show, I would truly appreciate it if you follow or subscribe.
It helps a lot with the algorithm.
It helps us get bigger and better guests, and it helps us grow the team.
Truly means a lot.
Thank you guys for supporting.
And here's the episode.
All right, guys, we are back.
I'm with my co-host, Wayne Lewis.
Yo, yo, yo.
And the man to myth the legend, Bill Walsh.
What up?
How's it going, bro?
Man, it's good to do with you guys.
You guys are killing it.
Great.
I feel good.
Just got out of a 488 little Ferrari running.
little track.
It was fun.
It's a wake-up call quickly.
Nice.
You're still driving those at your age?
Every day.
I mean, I had my own 360, but yeah, this this was a test track fun.
We took 60 people racing this morning.
Nice.
It's pretty intense.
That's awesome.
We just finished a big conference.
It's called Speed Vegas.
Oh, Speed Vegas outside of Vegas, right?
Yeah, right.
Not bad.
That was one of the best conferences I've ever been to, by the way.
Thank you.
Yeah.
And you're all about just having big events and conferences.
We do.
We run about 300 live events a year.
That's insane.
Seems like they never stop.
That's more than Flashman, man.
Yeah, so we have them this weekend.
We have Dubai.
We have Yerevan.
It's almost one a day, right?
Yeah, pretty much.
Yeah, there's 360.
You're not all of them?
No, it can never be at at all.
I speak about 200 times a year
at all different events.
That's insane, man.
How did you scale to that point?
You know, we started out, gosh, I started as a trader, and they did turnarounds for a decade.
In 2002, I teamed up with GoDaddy and Franklin Covey.
I was a marketing partner.
We launched a product called Crazy Successfully.
It was a business in a box.
And we didn't care what your business was, we'd help you do it better.
And we teamed up with Learning Addicts out of New York.
And before you know it, we were in 20 countries.
Damn.
And in 2005,
we launched an incubator course called Rainmaker.
And we sell it all over the world.
You come four times a year, six days at a time, bring your team of four people with you.
It was an idea that Mohamed Yunus had.
He won the Nobel Prize for team building to start companies and doing micro loans.
So our idea was to get your team together, come in and work on your grants, your business plan, social media, sales funnels, loyalty programs, work on your public speaking, and really build a real business.
You know, no get rich quick.
It'll take you maybe one to three years to build a real company, but you know what a difference it is.
And so 18 years later, we've had customers in more than 30 countries.
We run exposed masterminds, TV networks.
I do a lot of large turnarounds.
And so this was a conference we teamed up with a guy named Todd Ault here in Vegas and runs eight public companies, eight private companies.
And just three months ago, we had the idea that create a concept around ROI, which was the idea of Risk on International.
And really the concept was a movement to get people in different pillars to create success.
And sure enough, within three months, we brought on Tucker Carlson.
We brought on
Robert Kennedy Jr.
We had Charles Payne.
We had Sean Kelly at the event.
He
sounded up, and we did some interviews in the
Diamond, the chairman's room.
But no,
between the stuff that we've done, I think we haven't even started yet.
I know it sounds crazy, but
it was an event where everyone felt welcome and there was no...
You didn't feel sticky when you left.
I love Jackson.
The networking and the open bars and the food here and the connections there.
But then to bring in these level of speakers,
that really, I mean, I didn't really know much about RFK, but I'll tell you what, I learned a lot yesterday.
And that guy's a genius.
He's
flat out brilliant.
Yeah, yeah.
A lot of people said that about him.
They were like, I'm not a Democrat, but I would vote for him.
I would vote for him.
Yeah.
And
we're going to get together next week and help with his campaign.
Nice.
He's got some cool ideas, and I think he's got a great message that people need to hear.
Yeah.
So in terms of having these events, I mean, why do you have so many of them?
You know, we started out with,
sounds crazy, but just doing a few events a year.
Yeah.
And they just kept growing, and our teams kept growing.
So now we have multiple teams and multiple cities that run events all under our umbrella.
And at the end of the day, I started as a primarily VC turnaround person.
And back in 07, I said, why not use our business courses to find good partnerships?
And it doesn't always have to be stock or own the company.
It was more along the lines, if we grow your business, pay us.
And if we don't grow your business, then don't pay us.
But before we knew it, we were involved with 40-plus companies over the years.
You know, some of the biggest ones do over 20 million a month now.
Damn.
So it's really fun to know that you're a start part of something.
And then I really do call it the ripple effect.
You know, students, they only pay five grand a year for the whole program.
Wow.
They meet four times a year, six days at a time.
Well, yeah, because it's really like, think of like a pay-to-play venture group.
You're going to come spend six days with us, four times to work on your company.
We're going to figure out the ones we think we can make money with.
And we can make money, whether it's a partnership or an ownership or you need cash.
We have a new 25,000 script incubator right here in Vegas.
all right
shout out to the hustle daily show guys part of the hubspot network which is the audio destination business builder the hustle daily show is your daily dose of business tech and news and they got original stories which keeps you in the loop on what's trending in the business world it's very important to stay up to date on what's trending guys right now obviously crypto is hot there's tons of opportunities there They have over 3 million young readers on their daily email and it keeps you in the loop on what's going on.
Like I said earlier.
And they now have a daily podcast called the Hustle Daily Show, where their team of writers break down the biggest business headlines in 10 minutes or less.
In today's modern age of no one having an attention span, that makes it easy for everyone.
They do deep dives on topics like how a man won the lottery 14 times and why it's nearly impossible to buy a modern-day Bob Ross painting.
I checked out a few episodes.
They recently did one on 3D printing houses, which I thought was super interesting.
Search for the Hustle Daily Show in your favorite podcast app, guys, like the one you're using right now.
Now here's the show.
Nice.
So small business come in and we'll give them free rent.
We'll team up with them on the business.
We'll get them marketing.
We'll get them legal.
Make sure they apply for the grants.
Most businesses don't realize that there's $500 billion a year in grant money that never gets applied for.
Wow.
Just sitting there.
The best part of our grant money, it's free money.
The studio has a grant.
Yeah, perfect.
Yeah.
This is a boss studio.
Yeah.
And you definitely got it going on, that's for sure.
Plus, you guys like the hoop.
That's pretty sick.
So what makes you want to help people?
What made you get into the business of helping people?
You You know what?
I started out, and in 2000, I was burnt out.
I was making a lot of money, but I just wrote this down.
My kids were seven, nine, and two and a half.
And I said, there has to be more than just make the money and go through the grind and do your thing.
And I took two weeks off, and the two weeks became almost two years.
Whoa.
I wasn't super wealthy, but I had enough money.
I never had to work again.
And I just said, you know what?
And I tell everyone that if you're listening today, what are you great at?
You know, what are you really great at?
What serves a lot of people?
Is there money in the industry and would you do it for free?
If you can answer those four questions, you know you're on the right path.
So I was great at if you had an idea, Sean, I could get the money together.
I could put the team together.
I could drive the systems and we could go to market.
You know, we have team shirts that say dream, plan, execute.
And the problem is that most people forget the word execute.
So they got the dreams, they got the plans.
They forget to get off their go to work.
You know, so for me, I was really good at putting those things together in a fast timeline.
Yeah.
It didn't take three planning committees and sub-sessions and stuff.
You know, if you're great at something, then go write a book.
If you're great at something, then launch a podcast, not a soapbox.
Probably most podcasts, they just talk about themselves.
Oh, yeah.
Bring on great speakers and let them share the stuff they're doing.
And believe it or not, your brand elevates because then they're going to share your story.
Exactly.
And that's one of the things that we started is that when we launched Rainmakers, that I didn't have all the best connections, right?
I didn't know all these people, but I knew if I added value for them, and I didn't, and everybody talks about this value, like a lot of
a lot of people.
Oh, I'll add value.
Well, how do you add value?
I want to help you.
Well, how are you going to help me?
Right.
You know, but I knew that people like Les Brown and Mark Victor Hansen and Sharon Lecter.
I mean, this is the author of Chicken Soup for the Soul.
You know, I started to realize if I could really bring them revenue.
If I could bring them customers to their story,
they'd pay attention.
And before you know, within one or two years, they were telling all their tribes about it.
If you want a great business coach, this is your guy.
You know, and skip away from the flash.
I don't like the flash.
I don't like to make all this money in one day.
I don't believe in any get rich quick.
Get rich quick usually means get broke faster.
But how about take a little time to build it?
Get quick.
Yeah, get broke.
Get broke faster.
Yeah.
Because, you know, you hear about these overnight successes.
Well, the real overnight success stories are about five to ten years in the making.
For sure.
You know, you didn't just wake up successful.
You worked off to get here.
And people need to hear the truth.
It's still working.
Yeah, and still working.
Still working, going to networking events, reading books.
Exactly.
Talking to guys like you, growing.
But I do love the fact that if I can help someone with the plan and the systems and the teams, and they have a passion for it, and they solve a problem or they make something better, I watch them knock it out of the park.
Wow.
Because we've been able to put people on stages all over the world that have a message and a story.
And before you know it, because they don't have the money to go rent the Java Center.
They don't have the money to go bring in RFK Jr.
or Tucker Carlson.
But if I can align them on the same stage with these rock stars and we can share in some of the revenue long-term with them, it's just a little longer-term growth.
It's a win-win.
Yeah, it's a win-win-win.
Customers win, our partners win, and we win.
Everyone there was happy at the conference.
Isn't that great to see that, though?
And that's the problem, I think, with certain conferences.
A lot of people aren't happy, if we're being honest.
For sure.
Well, I mean, think about it, right?
How many conferences have you been where, well, let's see, number one, they'll take you out to the NASCAR track and get the race in the Indy cars at 200 miles an hour?
I've never seen that.
How many events have you been to where all the meals are included?
Oh, yeah, nice.
And I'm not talking about here's your crap cheeseburger.
I'm talking about steak and salmon and first-class, world-class food from world-class chefs.
And when you walk into the place, they've got 30-foot LED screens and not this big 5,000-person event where they pay $29 or $2 to get into, and then you got 50 guys selling something.
You know, we figured out that if you, we had less booths, but we had great partners.
And if somebody wants to buy something, they're going to buy it anyway.
Right.
You know, so it's, it's a little different model, but we're going to run probably 10 of those types of conferences next year.
It's way more intimate.
You can actually talk with people.
Correct.
Everyone's respectful.
And we had lots of different activations inside.
So we had a chairman's room.
We had a diamond room.
We had just race cars.
We could sit in the Formula One thing and race the car.
Yeah.
You know, and then if you wanted to go talk to someone, there was another restaurant there.
And we had,
you know, bar service all day.
Yeah.
But we do a lot of events like this.
So our next event is called UWC.
It's an AI festival.
It'll be super cool.
I'm not an expert in AI, but I can hire them.
You can hire them.
Does that make sense?
You know, people don't realize Henry Ford was tried by his own family for ignorance.
Really?
True story.
Wow.
They tried to kick him out of his own company.
Wow.
They just did that with Sam Altman.
That's right.
Well, and he just got hired, didn't he?
Only two days later.
At Microsoft.
Didn't take very long.
Yeah, strategic.
Yeah, well, you know, smart people will find a way.
But Henry Ford said, he said, I'll tell you what.
Why don't we move the trial to my office?
And they did.
He said, I will answer your question within less than 60 seconds.
You'll realize that I'm certainly not inept at running my company.
And within 60 seconds, he said to the jury, he said, You guys can ask me any question you want.
I don't care what the question is about the company.
I will push a button.
Within one minute, someone will be in here to answer your question.
And the judge said, case dismissed.
Wow.
You know, so Steve Jobs got kicked out of his own company.
It took him 10 years to come back.
Yeah, and then when he came back, it blew up again.
Well, I mean, I feel sad because there was a shareholder, you know, that owned 10% of Apple stock.
Talking about yourself?
No, no, not me.
If it was me, man, I would at least kept two.
But this guy sold his 10% for six grand.
Oh, my goodness.
Wait, who?
Can you imagine that?
I never heard of that.
It's a true story.
That's crazy.
Told Steve, I don't believe in your vision.
I don't believe in your brand.
I got to get the money back.
Wow.
Damn.
And he gave him the money back.
I don't think so.
I feel sad for that guy.
So let me ask you a question.
What advice would you have for up-and-coming entrepreneurs that are looking to get a mentor, but their approaches are wrong?
What's the proper way to approach someone when it comes to it?
I think the big thing, let's say you have no money.
Let's say you're a young entrepreneur,
they don't have a lot of value starting, right?
Well, they don't know, but well, they can add value.
That's the difference, right?
Is that what I've always found is that if I work with young entrepreneurs and say, Bill, I'd love to go to your courses, can't afford it.
I say, great, then you can volunteer.
We'll give you a volunteer slot.
You can help work the events and you can earn the money to come to the events.
It goes back to how hungry is that person.
You know, they're willing to put the work into it.
Just like you said, they're willing to do it for free.
And the funny thing is that most of them won't show up.
Wow.
You'll give them an opportunity to say, listen, we're going to take the private jet.
You can come with us.
We're going to go do this event.
You got to work for a couple of days there.
Check it all out.
See if you fit in.
I've always been a big believer.
Even when I sell coaching, if it's the bigger brands, listen, I'll work for free for a month.
You don't like my work?
Don't pay me.
Even right now?
Right now.
Wow.
Big brands, I'll come in and say, listen, just I'll work with you for no charge for a month.
Here's my normal rates, right?
Now, if you don't like it, then don't pay.
But if you like it, then write a check.
And I'll tell you what, when you give that proposition to people that play it, and I have people that run billion-dollar companies that I coach, right?
And they're glad to pay the fee.
Wow.
But the thing is, for the young entrepreneur, I think you're adding value is your time.
When you really look at success, right, it comes back to, you know, time, wealth, and health.
Right.
And if you put that into three circles, right?
The Venn diagram of time, health, and wealth is that many people that have the time have no money.
And then some people that have the money have no what?
Have no time.
But the thing that really integrates both of those is you got to stay up with your health.
Right.
You know, so I don't drink.
I don't do drugs.
I work my ass stuff.
I love my kids and my family.
I travel extensively.
But if you don't put stamps in your passport, you're missing what life's about.
For sure.
You know, go experience the world.
You know, I tell people all the time, I'd rather have stamps in the passport than cars in the garage.
Wow.
And as you get older, you can have them all.
You know, the funny is when you start making a lot of money, I mean, ridiculous money, you don't care about the cars.
You don't care about all that stuff because it doesn't matter anymore.
What really matters is quality time with quality people.
Wow.
You know what I mean?
And are you making a difference while you're here?
Yeah.
So we teach young entrepreneurs, build your legacy plan now.
What are you going to leave behind?
You know, what's your vision for where you want to go?
And if you're young, I say, man, go travel the world.
You know, go live with nothing in your pocket if that's what you got and go experience a bit of the world.
And you think, because you'll have your whole life to work.
So, you know, don't get so caught up in trying to get ahead by how much cash you're making, this kind of stuff.
And listen, I'm not saying the cash doesn't help.
It does.
Right.
You know, but it's the same potential is that if you don't have a lot of these things and you can really help other people, if you're young, you probably have time.
Yeah.
And the neat part about it is if you're really appreciated, the money's going to come along with it.
Absolutely.
Did you experience success at a young age?
I did.
I had my first paper out at nine.
Wow.
You said paper route?
Paper route, nine years old.
Yeah.
And I literally had to get up every Sunday morning and deliver papers with my dad.
And I'd have kids spend the night so they'd get to hang out at our house because my house was always the best party house.
I was my two older brothers, one older sister.
And we had a lot of parties.
So the kids wanted to hang out at our house for sure.
So how did the paper route work?
did you so the paper route was that they would drop all the papers in my house um you know five ladies like five like 300 oh 300 you said yeah and they were thick don't i only delivered sunday paper so the chicago tribute was a thick paper on sundays so was it like in the movies where you're just throwing them out no no no you had to bring it right to the door i couldn't throw them out because they were pretty heavy you're still they were still wrapped up in herb man but you know you're thinking about i mean the paper was this thick yeah yeah you know it wasn't like some little newspaper today, but it didn't matter.
I learned that my dad said, if you start something, you finish it.
And I tell young entrepreneurs today, if you start something, you finish it.
Whether you like it or not, if you agree to something, you're supposed to do it, then follow through.
At nine years old, though.
At nine years old.
That's crazy.
And then I raced BMX bikes as a kid.
So I got to race for Factory Schwinn.
I probably, I don't even know how many races, but maybe 500 races over the six or seven years I did it.
But I got to be around, and this was a lesson for everyone that's listening today, is that I got to be around entrepreneurs that played at a super high level.
See, I never realized as a kid, I didn't realize that we were poor or we were low middle class.
You know, one summer we went away for a summer vacation, came back, and we had no house.
Wow.
I didn't realize that we went on the summer vacation because we had no house.
You know what I'm saying?
So in the middle of that, my father found another place for us to live, you know, and they worked super hard.
But I didn't realize that when I would go bike racing every weekend, a lot of these parents were entrepreneurs.
They literally were, you know, they had the weekends off.
And my dad, if he took the day off on a Saturday or Sunday as an electrician, it cost him time and a half on Saturday, double time on Sunday.
And so that was a wake-up call that,
how do I get around more entrepreneurship?
Yeah.
And that was for me.
I said, I never seen myself as a W-2.
You know, I always figured I had to be an entrepreneur and get behind the register.
And so when we race these bikes, we go into these cities and with Schwinn, our bikes had to be perfect.
I don't care if there was a mark on the seat or your helmet.
It had to be new.
It had to be perfect.
And because we were always winning, right?
And I think winning is a way of life.
You know, when you start to really think about it, but but people they hear that phrase they don't means yeah but how important is winning do do you believe that you have to have a certain amount of losses to understand how important i have failures every week right i've been broke and i've been wealthy i promise you this so broke sucks are you interested in coming on the digital social hour podcast as a guest well click the application link below in the description of this video we are always looking for cool stories cool entrepreneurs to talk to about business and life click the application link below and here's the episode guys
yeah for sure but you'll find your real friends yeah you know i like what drake said you know handshakes for the fakes and he's true i say no cake for the fakes
you know what does that mean that means now you mean you want to come on the jets and you want to come on the yachts do these parties all these guys but you don't put no work in you don't put no work in where you at when the work was going on right right you were you were sol right right so it's the same thing here that all these mia people in your life that are not there when times are tough And when times are good, just don't answer the phone.
Wow.
I believe leaders should just move in silence.
You don't got to talk about it.
Your results will speak all the words, right?
Right.
I mean, I see all these seminar people, and I know they watch our videos.
They see our Facebook posts, right?
And we're with Tucker Carlson or the president of this country or the prime minister of here.
And they're like, you know,
they don't need to be jealous.
You know what I mean?
It's just that there's so much room for everyone to win.
That's the crazy part.
But they won't even comment on it.
You know what I'm saying?
So I always tell entrepreneurs and business owners, pay attention to those that never celebrate your small victories.
Wow.
I love that.
And you start to think about it.
It's like, well, if you're not there for the small victories, then why should you be there for the big ones?
There's some haters.
Oh, you know, I think the haters are great.
I mean,
if you're not doing much, don't have any haters.
Yeah.
You're still doing a lot.
I got plenty of haters.
Yeah, yeah.
You know, let them hate.
You know, you're doing something right.
Yeah, you know you're doing something right.
And Oprah said it best, man.
If you're going out some darts in your back, man, you're not doing very much.
So back to when you were younger and you didn't want to work a job what was that next step for you well i went to college and i and i worked full-time on the trading floor so when i was 17 i took course at a place called university chicago and i learned options trading
so i learned to be around people that were doing epic stuff i mean really big stuff and um i moved to new york when i was six months i had nothing you know the guy said if you come here i'll teach you trading you teach me options And I said,
sounds like a deal.
My parents thought I was nuts because I was still in school in Chicago.
And
I got there, and you know, this guy's like super wealthy, big trader.
He said, I'll pick you up.
It's like 11 o'clock at night.
So I get there and he picks me up this old Dodge Dart
piece of car.
You were making Dodge Darts?
I thought it was a little bit more.
Dodge Dart.
This old nose, like 1973 Dodge Dart.
I thought that was new.
Yeah, no, it wasn't very new.
It was kind of beat up.
So anyway, I'm like, oh, I think I made the right.
And he said, bring all your fancy clothes.
It all fit in one duffel bag.
And I mean, today we can buy these really expensive jackets.
I don't care.
I still wear t-shirts and Jordans, but I didn't have any fancy clothes, right?
And so
the next morning, you know, we get to his place and it was like 3,500 square feet in the Upper East Side, which is probably a lot of money, but it wasn't finished.
The fish tank wasn't full.
The furniture looked kind of like, like he just didn't care.
So the first morning on the job, it was at the Two World Trade Center.
I go up and I was like, wow, I'll be up at 4 a.m.
So I'm ready to go.
And by 11 o'clock that morning, he's down around $7 million.
Holy.
And I'm like hiding like it's me, right?
Like maybe I did something wrong.
I was just there to observe, right?
Wow.
Well, anyway, it was such a great lesson because the guy next to him was going like this to him.
So he was a Swiss trader.
Yen trader was right next door.
The end trader was making money that morning.
He was getting killed.
He was losing.
So he should give him the loser sign because he's losing, right?
And I'm like, damn, that's cold.
Yeah.
You know, this is your.
It's your boy.
It's your boy.
You're like, you just missed those three shots.
Oh, no more shots for you.
Yeah.
Within four hours, he turned a $5 million winner out of a $7 million loser.
Wow.
And I was like, damn.
And he didn't say a word.
This was a lesson and a lesson for everyone listening today is that all he did was turn the screen towards the other guy
and he walked out.
Wow.
I was like, damn.
And what he said to me, and I've lived by this when he said, he said, here's your first lesson.
He said, you never react with emotion.
You create it.
Mmm, Bar.
I was like, man, that was a, that was a bar.
That was a boss drop, right?
And then, and then it's like four o'clock.
We're already home.
And he says, you want to go out there?
I'm like, well, hell no.
I'm sure.
I don't know where we're going, but I'm in.
He said, whatever.
The car will pick us up around six o'clock, right?
So we walk downstairs.
This
limo picks us up.
No more
dodge dart, right?
Yeah.
And we go to the helicopter pad.
And so the helicopter takes us down to Atlantic City.
We land, we get out, we walk in.
It's like five of us, right?
He opened up his jacket, and he must have had $600,000 in his jacket.
Racks of $50,000 cash racks under his shirt.
They call it a belt wrap, right?
And each docket would hold around $25,000 to $50,000.
Wow.
And he started passing out to his buddies.
I'm like, this is my first day there.
I'm like, holy shit.
My first day.
And he wasn't a wolf.
He was strictly a currency trader.
He didn't trade any stocks.
He didn't invest.
All he did was bet on countries all day long.
Oh, okay.
That still happened.
For us, and what a wake-up that was.
And I thought to myself, man, if this guy can do this stuff, we can do it too.
And I can learn.
And I learned a lot of life lessons.
And this is a life lesson if you're listening.
You got to listen closely is that you got to show up to win.
Yeah, for sure.
I can't tell you how many people I invited to come out and have dinner with Tucker Carlson, come and have dinner with RFK.
And for the ones that came, greatest experience of their life.
People come back and said that was the greatest conference I've ever been to because I just felt like I was in an atmosphere of some people doing some epic work.
I feel like I missed it.
Yeah, you missed a good one.
That was a good one.
But that was a thing.
And then from there,
I traded.
And when I was 25, I got married and I started having kids.
And I said,
yeah, well.
But look at it today.
You know, today my son's 32.
We get to hang out.
We're going to go to Tokyo on Friday for lunch.
Wow.
Why?
Because we can.
You know what I'm saying?
It's like, it sounds like a fun weekend.
Let's try it out.
How important is having a wife?
Do you feel like it's important?
I think having a partner is vital to win.
Wow.
You know, and I was fortunate.
We had three most amazing kids, Austin, Marissa, and Evan.
And
she was very good at...
raising the kids.
I was very good at making money.
Gotcha.
And we were married for 16 years.
Gotcha.
And we went through a divorce because we were just on different tracks, you know.
So she's a great person.
Yeah, yeah.
And we got to a point.
We just weren't great together anymore.
I was a workaholic.
Oh, okay.
You know, But I love building things.
I love watching things grow.
And I began at that time was to invest in new startups and new companies.
And I was really good at, you had an idea.
Once again, I started to realize that at an early stage, I had a real gift to see in people things they couldn't see in themselves.
And then I did nothing but M ⁇ A work.
So I would come in and fix companies.
A lot of the clients I had ran big family offices.
And they owned some big companies where they said, our brother-in-law is running the company.
He's useless.
We'll pay you a lot of money to get him out because they couldn't fire him he was under a clause from the parents that left the business that he couldn't be fired by the board but the board could bring in a third party to evaluate all everyone's work and then fire the ones that didn't fit wow and so for 10 years i did nothing but fix companies at a very very high level and i learned that why people react right you've got to be creative
reacted Reacting in business doesn't work.
You got to be creating in business.
You got to be innovating.
You know, I'm doing an article now with Forbes about innovate or die.
Whether you like AI or not, it's here to stay.
Whether you like social media or not, it's here to stay.
You can pick on all these channels or you can leverage them.
But it's your choice.
And that's why I think it's so important that we listen to more young people.
We get more young people on payrolls.
We get more young people that have gifts and ideas because what they can do in their sleep would take someone else two years to catch up.
Right.
And that's a take older people don't generally have, to be honest.
They don't, they don't want to to shift.
So instead of trying to shift, you hire into it.
Does that make sense?
You find people who are so good at this.
I mean, my son runs a massive Discord, huge,
with a game called Fortnite.
Yeah, I've heard of Fortnite.
And they're like the number nine guild in the world in some of these games.
But they have miners that mine the tools and they sell the tools all over the world.
Yeah.
I mean, how do you even think of that?
Do you know what I'm saying?
You wouldn't.
But once again,
there's so much opportunity if you're simply open yeah so what i do is i never stop learning you know right now i'm gonna take a course at mit on ai wow because i think once again why not learn from some of the best in the world yeah whether you like mit or not doesn't really matter yeah but they're around a lot of smart people that's true you know i make the previous guest
mit too yeah it's a good course um mind valley has a good course vichen has some good course in this stuff so find the innovators right and never ever ever stop learning yeah
stop learning you're done where do you see opportunity in ai because there's a lot of ai fluff a lot of people trying to get into it.
Well, it's either you adapt AI at some level or
you're going to wish you did.
Does that make sense?
And so, I mean, you start going across the word.
Where does AI fit in?
Well, number one,
it makes almost everything you do better.
I mean, if you ask for an article, then you say make it perfect.
And then you say, write the article as if it's coming from Quentin Tarantino.
And it'll do it.
It'll do it for you.
It'll do it for sure.
You know what I mean?
And so now you can say,
what does it look like to create the headers that would be adaptive on a website to the 21 to 32-year-old?
Wow.
And it can begin to write all the code for you within minutes.
Crazy.
So it's more than we, so
even though the microwaves save time,
we just got busier.
Yeah.
I don't think we can move as fast as AI.
As AI moves.
It's too efficient.
It's just smarter.
It's better.
They're making...
It's never late to work.
Whatever it is.
I don't know.
I mean, there's new theories out there.
There's one in Chicago right now they're building.
They're building on a 500-acre parcel where this thing can do up to a trillion computations per second.
Jeez.
Which is like, what does that even mean?
Where does that place people, though, and workers?
Well, it's either workers adapt to it.
Does that make sense?
Or they're out.
I mean, they're simply out.
And you're seeing it happen right now.
That's why, why was this strike so long?
Because they know that AI can, and I'm not saying in all situations, but it can make a lot of the writing better, believe it or not.
For sure.
You know, so because it can adapt so quickly, it's like if you play AI and you try to play chess against it, right?
Lose every time.
You lose every time.
Even the greatest minds in the world lose every time.
Even the supercomputers, I think they lost 91 times out of 100.
They had nine ties.
Wow.
You're talking about the sharpest minds in the world.
So I do believe there has to be an AI council.
I believe that everything that's put on social media has to have a, you know, if AI is in there at all, people should know it.
You know, because it's going to wind up.
And people, you know, they ask me questions about, you know, why do you think that they're moving away from men and women?
Can't say men or women.
Can't say this bathroom or that bathroom.
Right.
I believe that robots are right around the corner.
Fully functional robots.
And what sex would they be?
Them are they?
They're not.
Yeah, exactly.
They're not a sex, right?
So you've got to condition people before you beat them over the head with it.
Yeah, I'm hearing now Hollywood's looking to AI for acting.
Well, they wanted to.
And this is just, once again, thoughts, that we all have nice phones.
We all have these iPhones.
I believe in the future you can set your phone down just like this, and you can say, I would like to,
I would like the New York Times to be read to me this morning by Morgan Freeman.
And it'll read it.
It'll read the whole thing.
That's crazy.
And Morgan Freeman will show up there.
He's talking to you.
Yeah, that's unbelievable.
I mean, think about that, though.
You know, it'll bring newspapers back that if i could have i want claudia schiffer to do the breakfast call this morning right right and she'll do it right and i'm telling you right now that we're looking to sign because i have an interest in some newspapers which sounds crazy but i really do believe that people would buy that for five or ten bucks a month pick whatever superstar you want to read you the news yeah and it'll just pop up as a 3d and they start talking in the morning hey wake up get out of bed this is I don't know, this is Sylvester Stallone.
And it's actually him right there talking to you.
And these things are, they're more real than they've ever been.
That's awesome.
So you like newspapers because that was your first job at Helsinki Place in your home?
No, I just think that I still think that real news, there's a place for real news.
I don't think there's a place for misguided news.
So whether you're Republican or Democrat or Independent, at the end of the day, we're all Americans.
And I believe all these things that are happening, if we fight with each other, we don't pay attention to the people in office.
It's a distraction that keeps you away.
In Rome, they did the same thing, right?
They'd have the people fighting to have all the games going on because if they're hating on each other, then they're not attacking the leaders.
Wow.
Think about how good that is for them.
Yeah.
You know, I mean, and people,
whatever party's in charge, if you manage a trillion-dollar checkbook and people start to come after you,
how much would you spend to keep the power of the checkbook?
A lot.
Whatever it takes.
Whatever it takes, whatever it takes.
So we live in very crazy times now because the numbers have become so inflated.
And it was great that Robert F.
Kennedy talked about,
why is Russian so pissed off?
Why did Putin attack?
Well,
how many bases do they have outside of Russia?
Like one.
How many does the U.S.
have outside bases in America?
800.
Wow.
And so now if you allow NATO,
to bring in Ukraine and you put missiles right at the front line, that, that I mean, real missiles, not the stuff they're working with, the little short-range stuff, but real missiles, then Russia feels what?
Threaten threatened.
Yeah.
And if you're Russian or you're American or you're English or you're from Mexico, when you feel threatened, you're going to react.
For sure.
You know, and it was great that, you know, he put in a very clear perspective that they're simply reacting to the moves that are being played against them.
Yeah.
Bill, it's been awesome, man.
Anything you want to close off with or promote?
You know what?
Free book.
If you guys want a copy of my book, I wrote a book called The Obvious.
It's you see the movie The Secret.
And any event that you're going to be at, I'll be glad to give out some free tickets from those events too.
All they have to do is just text the word obvious.
Awesome.
It's so cool.
They text obvious at 26786.
They get my book, newsletter, and some free tickets.
Do it, man.
How's that?
Appreciate you guys a lot, man.
A lot of fun.
That was quick.
Yeah, thanks for watching, guys.
As always, see you tomorrow.
Peace.