Mark Bell's Power Project - EP. 391 - We're Already In A Depression ft. Robert Kiyosaki

Episode Date: May 27, 2020

Robert Kiyosaki is the best-selling author of the #1 personal finance book of all-time, “Rich Dad, Poor”. Robert is an educator, entrepreneur, and investor whose methods often go against conventional wisdom. He and his wife Kim are the founders of the Rich Dad Company. A company centered on teaching others lessons in entrepreneurship, and personal finance. Subscribe to the Podcast on on Platforms! ➢ https://lnk.to/PowerProjectPodcast Support the show by visiting our sponsors! ➢Perfect Keto: http://perfectketo.com/power25 Use Code "POWERPROJECT" for 25% off and free shipping on orders of $29! ➢Piedmontese Beef: https://www.piedmontese.com/ Use Code "POWERPROJECT" at checkout for 25% off your order plus FREE 2-Day Shipping on orders of $99 ➢Icon Meals: http://iconmeals.com/ Use Code "POWERPROJECT" for 10% off ➢Sling Shot: https://markbellslingshot.com/ Enter Discount code, "POWERPROJECT" at checkout and receive 15% off all Sling Shots Follow Mark Bell's Power Project Podcast ➢ Insta: https://www.instagram.com/markbellspowerproject ➢ https://www.facebook.com/markbellspowerproject ➢ Twitter: https://twitter.com/mbpowerproject ➢ LinkedIn:https://www.linkedin.com/in/powerproject/ ➢ YouTube: https://www.youtube.com/markbellspowerproject ➢TikTok: http://bit.ly/pptiktok FOLLOW Mark Bell ➢ Instagram: https://www.instagram.com/marksmellybell ➢ Facebook: https://www.facebook.com/MarkBellSuperTraining ➢ Twitter: https://twitter.com/marksmellybell ➢ Snapchat: marksmellybell ➢Mark Bell's Daily Workouts, Nutrition and More: https://www.markbell.com/ Follow Nsima Inyang ➢ Instagram: https://www.instagram.com/nsimainyang/ Podcast Produced by Andrew Zaragoza ➢ Instagram: https://www.instagram.com/iamandrewz #PowerProject #Podcast #MarkBell

Power Project crew, thank you for checking out today's episode. This episode was recorded on May 21st, and it is with a guest that does not need an introduction, but I'm going to go ahead and do it anyways because that's what I do in this segment. It is with the one and only Robert Kiyosaki. And if for some strange reason that name doesn't ring a bell, I am 100% sure that his book, Rich Dad, Poor Dad, will ring that bell. poor dad will ring that bell. Robert Kiyosaki is an author, an entrepreneur, and some of his books have been passed around by the top financial influencers and financial advisors. His books are known worldwide. And when it comes to financial advice, I don't think you're going to find anybody better than Robert in this entire field. In today's conversation, we asked Robert whether

or not we're in a depression right now with the whole lockdown, the quarantine, coronavirus and whatnot. We also talked about how school doesn't teach us anything when it comes to our finances and how that's just a huge hole in the education system. We also asked Robert what he would do if he had to start completely from scratch in today's day and age. I know you guys are going to find a ton of value in today's episode. If you do, please reach out to us at Mark Bell's Power Project on Instagram, at MB Power Project on Twitter. And also, if you do find some value in today's episode, reach out and thank Robert Kiyosaki. All his social media links will be down in the YouTube and Facebook descriptions, as well as the iTunes show notes or wherever you're listening to this. Check the podcast show notes and i'm gonna get out of your guys's way so ladies and gentlemen please enjoy

this episode with robert kiyosaki i don't know make any difference whatsoever right i think if you put the left headphone on the right ear it's sort of like um when you put like a piece of foil in the microwave it it just explodes. Yeah, you got to be careful. Yeah. Never on the left because my right's my good ear, right? Very much true. Yeah.

What is that? What's going down? Because my right's my good. Was that Leaders of the New School that said that, I think? Tribe Called Quest. Yeah, yeah. So it was them and Leaders of the New School. That was the scenario. Good job, Mark. Tribe Called Quest. Yeah, so it was them and leaders of the new school. That was

Scenario. Good job, Mark. Holy moly. That was awesome. Yeah, everything's good, man. How are you guys? Doing great, man. I'm fired up. I'm excited about this. This guy's awesome. He's like, he's pretty ruthless.

Talks about people being wimps and people being losers and stuff. Yeah. He's the Donald Trump of the financial industry pretty much. And he knows Donald Trump. He knows Donald Trump. They're homies. I know you guys aren't doing coffee right now.

I am. So I'm taking advantage of Perfect Keto's MCT oil powder. But what's wrong? Mark, you're not doing coffee too? I've been off it for a little bit just cause like, you know, having it at home, it's not my normal foo foo coffee.

So I'm like, eh, I don't really care. High five. But I, so I could go without it. I promise I could stop anytime I want. Just got to finish off this barrel.

Yeah. You know, I'm not going to let let it go to waste but on top of that i just love mct oil uh powder from perfect keto um since you guys aren't doing coffee what are you guys doing i love that stuff too i actually just ran out of the collagen and just uh pleaded my case to get some more free stuff from them. So I asked for some collagen and some grass-fed whey and some, what's the other stuff I got? The nootropics I asked for as well. So hopefully that'll be coming in shortly. Good call. Every morning it's tea and nootropics.

Not tea and nootropics. It's tea and electrolytes every morning for me. So, yeah. And I had a good night of, man, these past few days of jujitsu have been feeling great. It's a, Oh, that's awesome. Ah, I feel so good. Yeah. What do you think the electrolytes do for you? Well, they stopped me from cramping. Most people sweat a lot. You sweat a lot, you get rid of electrolytes, you don't replenish them. you're fucked. That's pretty much it. Very well, easy said. Appreciate that. Uh, for more information on perfect keto,

uh, please head over to perfect keto.com slash power 25 at checkout, enter promo code power project for 25% off any order of $29 or more. So they made it super easy for you guys to like, get a nice sample of anything that we're talking about and uh you'll get it for 25 off and yeah it was pretty cool uh i was checking out some of uh robert kiyosaki's uh you know stuff on youtube and you know like he mentioned him being friends with donald trump and i was like oh dude that's pretty cool like why wouldn't they be friends right yeah that's pretty neat i um does he want us to record right off the bat when he comes on or no so it's it's something that like we'll i'll edit later so he just wanted to okay yeah so we're just gonna we're gonna chat and i just yeah i don't want to

mess anything up and not hit record right cool yeah just make him maybe make him aware of that because like i can see that it says recording you know so like when he pops in okay i just uh maybe i can decent heads up since i think he wanted to chat a little bit before we got uh rolling cool what i'll do is i'll just pause it and i just won't be an idiot not remember to hit record again have you have you met robert kiyosaki before mark no i've never met. I've just been a fan for a long time. I've been listening to a lot of his stuff. I think for probably a few years now, I really got attached to him because a lot of the stuff that he says about education and stuff.

I haven't really ever heard him. I've heard him talking about the negatives negatives of school but i haven't really heard him talking about like what he would change you know and so i think i think some of that would be some cool questions for him um even like with what's going on right now and like the stimulus packages and like the government's printing money you know like are like, it's great that he has like a lot of opinion about it, but then, you know, he, I think he's a very creative guy. I would think that he would have some really cool things to say and maybe some possible solutions or something that he thinks might be more effective. Absolutely. Yeah, you're right. Like I do hear him talk about,

and I, I, I, for the people that aren't familiar with him, I can't wait for him to go over like a lot of the things that he, cause he does mention, you know, some financial literacy things that should be taught in school. And we have had that conversation on this podcast before, like things that school didn't teach us that we're having to do a lot of now having to learn about now on our own. Um, and it would be cool to get his take on that because shoot, i came out of high school i didn't know shit about money i didn't know anything about money and that's dangerous i was really lucky because i was always around it because my dad like i think i've told you guys before my basement was half my dad's uh income tax practice and half my weight room and my dad would be like i made 400 bucks a day or i made 800 bucks a day or I made 1200 bucks a day. And I, you know, that like, that definitely sunk in to like my subconscious somehow. I didn't like learn necessarily a lot about money.

recognize that you could provide value for people that people don't mind paying for, even when they're friends and even when they're family, because he would show me like, he'd be like, Oh, this person, you know, came in and he would mention it'd be somebody from the church or whatever. And then he would talk about like one of his good friends. And then he would say, Oh, I did your aunt's taxes today or your uncle's taxes yesterday. Or, and I'm like, you make money off family members. Like, that's crazy. He's like, oh, they won't let me do it for free. He's like, I've offered, you know, he's like, they won't let me. He's like, I, you know, they pay like half price, but he's like, they, and I remember here, I remember him saying that.

I remember being like, what? Like, they want to pay for it. Must be, must be, you must have a valuable commodity that they feel that they need, you know? Yeah. And who has, I mean, I'm sure people have heard of the book, rich dad, poor dad, but they may be not really familiar with, with the name, the author behind it.

But man, I remember seeing that book around the house, like since, you know, forever ago, you know, and like, You guys better straighten up right now. Cause this guy is a Marine. Yeah. So you, Andrew, all the stuff you're doing right now is wrong. Yeah. Yeah, man.

So I made up a Piedmontese hot dog bowl. It was amazing. So I ate a bunch of steak. And I was like, oh, it'll be cool. Like, I'll just have one hot dog. And I smashed a bunch of the Bvette steak got in 100 grams of protein had a hot dog on the side that was my my side dish and uh they were still three more hot dogs staring me down so chopped them up put them in a bowl stuck them in the microwave just for a

few seconds because i threw some uh cheese on there it was just absolutely ridiculous hot dog bowl have you guys ever put hot dogs in the air fryer like after like chopping them up a little bit hot links in an air fryer that's the same thing i guess yeah similar yeah they get a little crispy yeah uh but a hot dog bowl and in in that thing that you sent us it seemed like he actually like made the bowl out of bread i'd imagine you didn't do that but corn bread corn bread hot dog bowl i think you have to go to like wienerschnitzel for that wienerschnitzel still open it's so underrated too wow i thought they were closed down.

There's one in West Sac. That's crazy. Okay. Yeah, and that would probably be the one that's in the primest, best location. I think hot dogs are underrated just in general. In general. And again, okay, we haven't asked Nsima this. It's my dad's favorite thing.

He loves hot dogs. Nsima, is a hot dog just a sandwich? Is a hot dog just a sandwich? Or like a hamburger sandwich, right? People have been asking that too, right? It's like, well, I mean, a hot dog is an open sandwich. Right. It's, yeah, like normally, normally, yeah, like, yeah, even when a sandwich is, even when the bread is still connected, it's still a sandwich, right? Yeah.

But why do we call it a hot dog? Like, I'm actually, now I'm wondering, why is a hot dog a hot dog? There is no dog involved in this, by the way. This is beef. We took another step back. I'm pretty sure I know why we call it a wiener yeah oh wow i never actually really realized i had a wiener bowl like it's it's quite disgusting oscar meyer wiener like that's kind of strange was the wiener dog the wiener

which one came first yeah before we started calling wieners wieners or like what's because now now i don't know now we'll have to look that one call a wiener dog a wiener dog because it's like that because it looks like a like a hot dog are we that messed up as a society yeah yeah we're strange i think i think this is all great stuff to talk about. I won't say that. We have a badass on the show today, so I don't want to mess it up too much. Too much potty humor. No problem at all. It's great to have you on the show.

We're super excited to talk to you. I've been a fan for several years now, and so have these guys as well. And let's just kind of kick it off. I've heard you, you know, talk in so many different formats. It's been really great to listen to the content that you have over the years and to hear about your books and all the different things that you've accomplished. I'd like to kind of kick it off by starting out with something I find something that really drew me towards you was when you talk about school and I'm somebody that's really struggled like hell in school. And so I still got scars from that from years ago, but somehow I made it out of there. Okay. And I'd like, love to hear your, your thoughts on if you have ideas or opinions on how school can be improved and like, you know, what could be done with school to make it better?

Well, how politically correct do I have to be? You know what I mean? Yeah. Don't be politically correct at all. That's the best part. Well, you know, education, as you know, is important, very important, more important today. But the question I always ask people is, what did school teach you about money? And I don't think it's an accident. You know, the more I'm just writing about it right now for another article is I asked that question when I was nine years old in school. And the teacher looked like, you know, Dana Carvey, the church lady. And she gave me that kind of, don't you know, the love of money is the root of all evil.

I mean, it wasn't that answer, but that I got the message, you know, that only evil people wanted money. God, I don't need to come to school. I get that shit at home. So, you know, money is primarily an attitude, if you think about it. And so since I was nine years old, I'm 73 now. For the last 60-something years, I've been looking for that answer. Why don't they teach money at school? And the more I find out, the more I need to take a shower, you know, because it's how we are controlled. You know, if you don't have money, you're easily controlled.

And so that's kind of my answer why there's no financial education in our school system. So they can keep you paying taxes, keep working hard, you know, and never get ahead. So the gap right now, as you guys know, is, well, it widens since 2020. You know, but approximately 50% of Americans, the richest country in world history, can't come up with $400. I don't know if that's true or not, but it sounds logical to me. So I just don't think it's a mistake. And like I said, the more I researched it, the more suspicious I got. And the story goes, you know, my poor dad was the head of education.

And he wasn't poor until he lost his job, his paycheck, and his pension. And he tried to become an entrepreneur, but our schools teach you to be an employee. So although he was a PhD, went to Stanford, Northwestern, University of Chicago, he really didn't have the mindset, the skill set, and more, I think, the temperament to be an entrepreneur. So when he lost his job, his pension, and his paychecks, he was finished. He was poor. I was at 53. Are you actually getting sexually stimulated about the possibility

of a depression? Yeah, well, you know, I say that because I'm an asshole, as you know i say that because i'm an asshole as you know but i uh the fact is that's that's when you get rich do you know like the last the 2008 crash i got sexually stimulated because i went to my banker, I borrowed 300 million, and we bought the best real estate in world history. I mean, all these apartment houses were on sale because they were crashing because everybody was trying to flip properties back then. So the prices were coming down, and in 2008, the interest rates came down, and quantitative easing went up.

So they were printing trillions of dollars, and they were just looking for somebody like me who could borrow money because when I studied money, money only comes into existence when it's borrowed. So when all these financial experts say get out of debt, that's actually unpatriotic. We're supposed to get into debt or the economy dies. That's why they keep lowering the interest rates. Okay.

So when you hear about guys like Dave Ramsey and Dave Ramsey, it almost seems like the stuff that he talks about is like the opposite of what you speak about. He talks about like getting an emergency fund, saving money, getting out of debt. Yeah. I don't think he's a much of a fan of credit cards.

How does that, how does his message differ from yours much of a fan of credit cards. How does that, um, how does his message differ from yours? Because a lot of people I know are in that sector. A lot of other people I know are in like your sector. So how do those, do those two worlds meet at all? Well, Dave's a friend of mine and it's like Susie Arman isn't a friend of mine, but I've been on the same stage as them. So there's a whole bunch of us, quote, unquote, experts, and it depends upon your target market. Look at your industry. You guys are in health and fitness, but not everybody's your target market.

Not everybody wants your message. So for the average guy without any financial education, what Dave Ramsey and Susie Orman say is accurate, you know, cut up your credit cards. When Susie and I were in, this is years and years ago, we're on stage in Dallas and I said, so I got up my credit card. And I think she, and she was going to cut it. And I said, well, the good thing is titanium, but she found a fake credit card and cut it.

And I sat on stage and said, oh, that reminds me of the day I was circumcised. So the answer is, if you need to cut up your credit cards, cut them up. You know, if you can't control yourself and if you have no financial education, you should leave debt free. But I use debt to get rich and the average person should not. So that's kind of the convoluted answer. It depends. It depends. Can you dive deeper on how you're able to use debt to get rich? Because someone like me who is currently, I am trying to get out of – I don't have tons of debt, but I would like to be able to free myself of having to be attached to making decisions based on money. And when I hear something like that, I'm just like, please tell me more because it goes against the grain of everything that I have been learning recently.

Correct. And that goes back to the question, why don't they teach money at school? And what do they teach you about money? And the reality is, like I said, the more I studied it, you know, since I was nine years old, six something years, is it's not an accident, but there's good debt and bad debt. So bad debt is what Ramsey and Souzi are saying, you know, cut up your credit cards because that's debt that sucks cash out of your pocket. But there's also debt like if I, you know, I finance a business or I finance real estate and stuff like that,

it's putting money in my pocket. So it goes to what Rich Dad, Poor Dad was about. You know, the Rich Dad, Poor Dad is a subject called accounting, the single most boring subject on planet Earth. I don't know if you guys went to business school, but when you sit in accounting class, I didn't need sleeping pills. Man, I was out cold, you know. It's a boring subject taught by boring people.

But our rich dad, poor dad is a book on accounting. You take a look at it. You know, my accounts always laugh. They said, how did you make it so interesting? I said, because I had a rich dad. And I was nine years old, and I would work in the family business for free. And I worked in the accounting department, so I have kind of real-life experience.

And so when I went to the MBA program at the University of Hawaii, the first question I asked the accounting teacher, I said, are you an accountant? His answer was, I have a master's degree in accountancy. And I was a Marine. I'm in flight suit, you know, but we're getting spit on. This is in the 70s. We're getting spit on by all the hippies and all this stuff. So I'm with all these college kids who treat me social distancing. They sit next to me. And I kept asking that SOB, I said, are you an accountant? And he says, I have a master's in accountancy.

There's a big difference. And that's why people coming out of school, you know, poor, and that's what the gap between the rich and poor and why the millennials today are, you know, they're 1.7 trillion in student loan debt. You know, and they still learn nothing about money. So anyway, that's a long way. It's not anybody's fault or anything like that. It's just, it's not an accident we don't teach people about money because,

you know, that old story about Red Riding Hood. Red Riding Hood goes up to the big, bad wolf and says, oh, grandma, what big teeth you have? He says, yeah, they're better to eat you with, dear. You know, well, it could be pornographic. But anyway, it was good, you know. So, hey, granny, what am I going to learn about money? He says, we don't teach you about money because it's easy to steal from you.

So our money is stolen via the money we earn. If you can suck that into your head, you'll understand it. That's why when you look at historical money, the U.S. dollar started in 1913 with the Federal Reserve Bank. And in 1913, the 16th Amendment was passed. But that was because taxes. So 16th Amendment in 1913 and the Fed in 1913, money cannot exist without debt and taxes. So the lessons I teach are not about saving money or investing in the stock market. My lessons are how to use debt and taxes to get rich.

lessons of how to use debt and taxes to get rich is a financial education you know do you think uh do you think anyone can develop the skill set of making money in theory yeah you know i i just did a tweet this morning because i interviewed this kid he's like 19 to 20 years old didn't go to college and I met his father at a party about six months ago. And he says, my son's effed up. I said, why is that? Well, he doesn't want to go to work. He doesn't want a job. So what does he do?

Well, he's got his own YouTube channel. So I talked to the kid yesterday. He didn't go to school, but he has 6,000 subscribers paying him $12 a month. He says, why should I go to school? You do the math. I flunked out of math also. 6,000 times 12 bucks. The kid's clearing $72,000 a month

before tax. And his father wants him to go to school. I said, leave the kid alone. So it's possible. And what I'm saying is the iPhone is the most powerful tool for entrepreneurs ever invented. That was in 2007. But homeless people also have iPhones. But the iPhone is powerful, but if your brain, you know, you can't cure stupidity.

So if you're stupid, the iPhone is going to make you more stupid. That's kind of my wise-ass answer to everything. Yeah. It's real. What do you think is the smartest way or, no, I'll just say the best way to educate our kids about money? My daughter, like, she doesn't really understand the concept. She's already 11. And, you know, we'll tell her, like, you know, to go buy, like, whatever it is from the store, candy bar, ice cream.

We'll give her a 20. And she'll see that the price is, like, you know, like $5 or whatever it is. And she will hand them the whole $20 bill and then just walk away. Because she, again, just not really understands that that one piece of paper is actually $20 instead of just a $1 bill. But I also don't want her to grow up to be money hungry because I do see that also, you know, where kids don't want to do anything unless it's for something. Right. So I don't know. Is there like a happy medium between those two?

Well, it sounds like you and I are going to do an infomercial right now. Sounds good. That's why in 96, my wife and I created the Cashflow board game. And the reason we created the Cashflow board game was I learned about money playing Monopoly from my rich dad. So I worked for free and the deal was he'd teach me about money. But I never even teach him anything He's just played Monopoly. And finally, one day I talked to him and said, why are we playing Monopoly? He says, I never thought you'd ask, you know, if you're going to be rich,

you got to ask. And I, and he said, there's millions of ways you can get rich. You know, you guys get rich different than I'll get rich and all this stuff. And he says, but one of the formulas for great wealth is found in Monopoly. And all of us know the formula. Four greenhouses, red hotel. And I sat there going, what? So I'm nine or ten, you know.

And he actually takes me out into town, the Hilo, where I grew up, a little sugar plantation town. And he said, those are my greenhouses. And I go home and tell my poor dad, the head of education, he says, well, your rich dad's an asshole. He's a slumlord. I said, you must be from California. So it's all a point of view. Do you know what I mean? And so my poor dad

saw a slumlord, but then my rich dad said to me, I was nine or ten, he says, in a few years, these green houses will be that red hotel you see on the Monopoly game. And then ten years later, I was in school in New York,

and I come back to Hawaii, and he had this red hotel on Waikiki Beach, and today it's called the Hyatt Regency. You know what I mean? And so that's not the only way. Real estate is not the only way, but it's between your left ear and your right ear and your intelligence. So what I did in 1996 with my wife,

the difference between Monopoly and my cash flow board game, so this here is for kids. It's an income statement and balance sheet. It's called a financial statement. And this here is the adult version. So one is for kids, and most adults just start here with the kids. So the kids kick their parents' ass all the time because they don't have any of the, I call them breaks on their brains.

They're not, oh, what if I fail? I'm going to make a mistake. So this year, and that's why the cash flow board game was called Monopoly on Steroids because it's the only game that actually teaches you how to fill out a financial statement. And once you do that, it's called neuroplasticity. Like when you fill out the board game using your hands, you're reorganizing the cell structure and the brain structure.

That's like trying to learn to play golf by reading a book. You can't do it. So by going out and practicing, taking lessons and all that, your brain is being programmed, you know, mentally, emotionally, physically, and spiritually inside the neural pathways of your brain. So by teaching your kids to play that game, let's say, 10, 20 times, their neural pathways are changing. What they sit in school, the only thing happening is you don't need sleeping pills.

You know, they're checked out. I was checked out. Right? So it's our learning system is obsolete. So that's like I went to military you know, I went to military school, then I went to flight school and that's where the lights came on to me. I said, what's it is my rich dad and my poor dad in school,

the teacher can be a complete bullshit artist. You know, if I asked my trigonometry teacher, I said, I went, I'm never going to use this stuff. He says, never.

Well, why am I studying it? You know, he said, I don't know. He said, I don't use it either. I went, then I I ever going to use this stuff? He says, never. I said, well, why am I studying it? He said, I don't know. He said, I don't use it either. Then I went to the calculus teacher. He said the same thing. They don't use that shit. So why am I learning it?

He says, I don't know. I don't use it. But I got to flight school in Pensacola, Florida with the Marine Corps. And the good thing about flight school, when I strapped into that plane, the instructor strapped in with me. Do you know what I mean? Yeah. And if that instructor could not fly, we'd both be dead.

So in school, we have a bunch of professors and academics and school teachers who are like my poor dad. And it's like my poor dad are the bureaucrats around our country and the Fed. You know, the Fed has 900 PhDs. That's why our economy is so effed up. They don't know anything about money. They went to school. So, you know, and that's why, as you guys know, in the health industry, you're not going to bulk up reading a book. You're not going to get stronger reading a book or watching YouTube. Got to do something.

Sounds to me like creativity and imagination is just a really massive part of this. In 2010, I created a product called the Slingshot. I heard that. It's a supportive upper body device for bench press, push-ups, dips, things like that. What are those things? I'll send you one, yeah. I'll send you one.

No, no. No, bench press. What is that? Yeah, right. Push-up? Yeah. What's a push-up? You're talking to Pee Wee Herman

here. You were a Marine, though, so you must have done a couple push-ups. Keep going. I'm sorry. I was just going to say I developed the product and the product was kind of like birthed inside of a Starbucks while I was using my iPhone and using my iPad to like just Google research knee wrap manufacturers because the product I have is literally two elastic bands sewn together.

And it later on made me millions of dollars. And I developed the whole a whole entire company off of it. Congratulations, by the way. How can people work on being like, can people work on being more creative? Or are you just born with it? Like sometimes I hear people say, well, I'm not creative. You know, I'm not that kind of person. Can people, you know, in your experience, have you seen people become more creative

and become more successful kind of as a result? Well, what you're talking is about, you know, there's four types of intelligences, mental, emotional. Emotional is very, very powerful. You know, the fear of failing, the fear of making mistakes, looking stupid, looking bad, rejection and all that. So there's mental, emotional, physical. And all learning is actually physical. And that's where our schools mess up. You know, like I said, you can't learn to play golf

listening to a school teacher who can't play golf. But the one is spiritual. And spiritual is where inspiration comes from, inspirata. So when you're inspired, you can overcome the ups and downs, the emotions and the failures and the rejection you go through to be an entrepreneur. But I've noticed because they went to school and they're taught that you make a mistake, you're stupid. So most people are paralyzed emotionally, physically, mentally and spiritually. Four different

intelligences are required for an entrepreneur. Congratulations, by the way. Yeah, thank you. You know, I want to kind of get into this a little bit because in a lot of your videos, you talk about how, and you actually kind of mentioned it here too. You're mentioning how, you know, when you get a job, you're getting stolen from, and you're kind of mentioned it here too. You're mentioning how, um, you know, when you get a job, uh, you're, you're getting stolen from, and you're kind of alluding to taxes a little bit. And a lot of times you're also talking about in videos, you know, how big businesses and the rich don't pay taxes. When people hear that, they're like, what do you, they don't, they don't

pay taxes. Like, can you kind of explain what that means to people? Because, you know, when I grew up in an African household and our whole thing is you go to school, you go to college, you become a doctor and you're successful. Right. And a lot of individuals think that that's success. But, you know, a lot of people don't even end up liking what they do at the end of the day and they're stuck. So, yeah. Can we get into that a little bit? Yeah. Thank you. You guys are doing my infomercial for me. Trying to help you sell books over there. Okay. So this is book number two, is A Cashflow Quadrant. And as I was learning with my dad, they say that this book, The Quadrant Book, changes people's lives more than Rich Dad Poor Dad.

Because Rich Dad Poor Dad is about accounting, where this is about mindset. So E stands for employee. S stands for small entrepreneur, self-employed, or especially like a doctor, which doctors and attorneys are. And B stands for big business, 500 employees or more, but it also stands for brand. And a brand is a massive asset. I'll be rich for the rest of my life because my brand keeps selling when I don't have to, if you don't understand that.

But I stands for inside investor. So all those words fire off the warning bells of these guys here. Well, how can insider trading be illegal? It's not. It just depends. Only in the stock market is it illegal. Entrepreneurs are always inside trading. Real estate guys are always inside.

So as my rich dad says, you're either on the inside or you're on the outside. And our school teaches you to be outside, which is why you buy stocks, bonds, mutual funds, ETFs, and stuff like that. You're outside. And that's how Wall Street screws you. So in taxes, it's all like color, you know. So employees, and this is worldwide, they pay 40% of their income in taxes. This is before sales tax and all the other taxes they tack on. So you make a thousand bucks, you know, 400 is going to the government. Small business or specialists like doctors or lawyers, they pay 60%. Again, that's worldwide.

Again, that's worldwide. And then these guys pay 20%. So you look at Bezos and Gates and Jobs, their companies. And the reason for that, the government pays taxes or incentives. So if you do what the government wants done, the government will give you a tax break. So like you donate to your food bank or charity and all that, they all will give you a tax break. So like you donate to your food bank or charity and all that, they all will give you an incentive. So taxes aren't punishment, taxes are incentives. So because you have 500 employees or more, they give you a tax break. So like Elon Musk of Tesla was saying to Gavin Newsom, the criminal from California,

he says, I'm going to move Tesla out of Fremont, California. Every state in a union will give that guy all the tax breaks he wants. Why? Because he's going to move employees and move jobs. He's going to do that. So that's why the brand or the big business guy gets 20%, and the insider gets zero. They pay zero in tax.

But this all requires what I call a real financial education. So my friend, he's hated by most people, is Donald Trump. And I wrote two books together. So we're real estate guys. We're entrepreneurs. So we're on the B and the I side and the people that hate him on the E and the S

side. Does that make sense? It's all point of view. So the reason Trump won't show his financial statements is he doesn't pay taxes. You know what I mean? Bernie Sanders will be elected immediately because these guys here want to tax the rich and give to the poor. Do you know what I mean? It's only a mindset. It's only a point of view.

As my rich dad said, all coins have three sides, you know, heads, tails, and the edge of the coin. So on one side, you have capitalists. On the B&I side, the side socialist. Poor dad, rich dad. And the twain shall never meet. You know, Nancy Pelosi, Donald Trump. Rich Dad. And the Twain shall never meet. You know, Nancy Pelosi, Donald Trump. You know, I don't think they'll ever be friends.

I promise you, I doubt it. And so these guys here, they pay the highest taxes and they get screwed all the time. But they don't know the laws on this side here. And this is worldwide. There's a book called Tax-Free Wealth by Tom Wheelwright. If you really want to understand this game, it goes with this book here. Tax-Free Wealth. You'll understand the game is played in taxes. That's the game. And the rich get richer because it's about taxes. That's why I said in 1913, the Fed was created, Federal Reserve Bank,

but so was the IRS created at the same time. Okay? And so the more money I – and all debt is tax-free. Think about that. I think our current school system was set up around the same time as well. Probably. You know, it was not my favorite institution. What do you think?

As the Irish always said, they said, if I knew where I was going to die, I wouldn't go there. That's why I don't go back to school. What are your thoughts about, you know, donald trump is uh handling you know the covet 19 and and things like that well either you love him or hate him you know so if you hate him he's mishandling it if you love him he's doing a great job i think that's what it comes to because you'll never change anybody's minds in america so polarized today, it's sad. And I'd just rather be on Trump's side, because

that's where the money is. I really don't like stealing from the rich, Robin Hood. And that's what Bernie Sanders, you know, and Bill, I'm not Republican or Democrat, I don't have a dog in that fight, you know what I mean? But they're all thieves.

They're all freaking thieves. And I mean, you know, I have a friend who worked for the CIA, and he says the Clintons changed the rules so they could get uranium one, and they made millions and millions in support. So the uranium is now shipped, and the profits from uranium are now shipped out of the U.S. It couldn't have happened without the Clintons. And my friend at the CIA, which is Clapper,

those guys who are up on charges for trying to screw General Flynn, they all work against the capitalists. But that's dirty politics. That's life. So what? It'll never end. Financial education means I can stand on the edge of the coin. I can see both sides and make a decision there.

If Trump was a Democrat, I still vote for him. I don't really care. I vote for the person. I personally, I'm from Hawaii. Obama's from Hawaii. I'm sure he's a good guy, but philosophically, I could never vote for him. You know, I don't believe in taking from the rich and giving to the poor. If you do, vote for him. Do you feel like we're heading to a depression? Well, technically, we already are in one.

The definition of depression is an extended period of time of sub growth. So we haven't been growing because the only thing that's growing is our debt. So we've been in a depression for at least 10 years now. That's by definition. Now, Trump will say this is the best economy in world history. Trump's a bullshit artist he's a politician you know sir saying that though i'm curious on you because we're already in a depression um i think i saw something a few days ago where like right now americans aren't spending much

money you know a lot of americans are safe or trying to money. You know, a lot of Americans are trying to save money, you know, because a lot of people are out of jobs, etc. What, like, you know, I feel like your advice to people would be honestly maybe the opposite of that or somewhere like in there. So what is your advice for individuals right now who are like saving, saving, saving, keeping their money to themselves? What do you think that they should be doing? You know, what should they be thinking about? Well, again, that's the neural pathways in your brain. You know, if you grew up in a family, went to school, and they said savers, you know, save, save, save,

sale field hurts. Well, then without financial education, they can't see that the Fed is printing trillions and trillions and trillions and trillions. So why would you be saving, saving, saving when the Fed is printing, printing, printing? But because without financial education, they can't see the sleight of hand that the Fed and the Treasury are doing. So in Rich Dad, Poor Dad, I said, there's three things that got me a lot of hot water

with the academic elites and why the book was turned down by the publishing houses in New York City. They said, you don't know what you're talking about. And the enriched dad, poor dad, I said, savers are losers. And it's because they print money. Why would you save it when they can print it? And I said, your house is not an asset. In 2008, people found out the hard way the house is not an asset. They took them down.

And then three, the rich don't work for money. And what the rich work for is on this side here. And I don't need to go to Wall Street because I can create my own assets. You see, what you did when you invented your product, you created an asset. And assets put money in your pocket, whether you work or not. So every time I write a book, which is an asset, so when I finish a book, it is then licensed out to 50 publishers throughout the world. So every month, I have, let's say, 12 books that are selling it. Every month, I get my check's say, 12 books that are selling it. Every month, I get my check.

It's called a royalty. And guess what? When you have a royalty, and this is my financial plan here. So my business is intellectual property. So a book, games are intellectual property. So let's say I make a million dollars here. I come down as an investor and I borrow four million. It's called leverage. So I step up my basis is now five million. And this is true all over the world. So I amortize it,

depreciate it, and appreciate it tax-free. So by taking a million here, stepping up the basis, you know, from one million to five million for the property, my depreciation goes up, my amortization goes up, my appreciation goes up, all tax-free. But they'll never teach you that in school. So that's simple financial education. I learned most of that playing Monopoly. My phone is ringing.

Anyway, let it go. No, we're good. Okay, so that makes sense. It's not that hard, but, you know, golf is not a hard game. The hardest game on Earth though, because it's up to you you know i mean you're on

your own out there so tiger woods in my experience is probably the greatest athlete of our time you know that guy went from the heights then he cheats on a white woman gets his ass you know, and I go to these parties. I tell you, how dare he treat his wife? She's white. What difference does it make? So I have a white woman? Oh, man.

You know what I mean? It's how effed up our society is. It's not about, and so he had a fall from grace. His back went out, you know, because all the millions of golf balls he's hit, but he came back. Yeah. You know, it takes, I think, the masters and all that stuff. That's what real entrepreneurship, that's what life's really about,

is can you come back from the dead? And I think that's what's not taught in schools. So that's a spirit. That's a spiritual intelligence. There's mental, emotional, physical, spiritual intelligence, and that's what it takes to be an entrepreneur, all of it. Do you think some of this is maybe just as simple as uh trying to follow your interest you know because it sounds like from the time you were young you were really interested in money you're really interested in finances and that that's what because now you're 73 and you're still uh

chasing after it you're still enthusiastic about it well i i I wrote this book here. It's called Retire Young, Retire Rich. And the story goes, the long answer to a short question is 30 or 40 years ago, my best friend and I, he's, and my wife, Kim, we went to Whistler in Canada to ski. And we're sitting around the cabinet at night and he says, what are we doing? So what do you mean? He says, we're just working hard, but where are we going? He says, let's make a pact. We'll retire in 10 years. So it took me from 37 to 47. Kim was 27.

At 37, she retired. And my friend, he retired, but he says, I like the game too much. So he just sold his business in January of 2020 for $1.8 billion. Oh! His timing was impeccable. He puts a billion dollars in his pocket, tax-free. That's the game, you guys. So what I say to everybody is,

why not have a retirement plan to get out as fast as you can? Because it's probably going to get worse. But it's also the best time to do it because the economy is in turmoil. And so when things are at their worst, it's really the best for those with initiative and intelligence and drive and willing to make some mistakes. Because we all make mistakes. But it's everything they tell you not to do in school. So we wrote Retire Young, Retire Rich, and we created the Cashflow Board Game because everybody kept asking my wife, you know, how did you retire so young?

I said, do you have a pension? No. Do you have a 401K? No. Do you have a government handout? No. Do you win the lottery? No.

We just use what my rich dad told me. That's it. Financial education. I use debt and I pay no taxes. It's easier said than done. You know. Oh, go ahead, Andrew. All right.

I was just going to ask, you know, you did mention, you know, about how they're printing money and then the stimulus packages are going out. And there's I know I don't follow it too close to really understand what could be coming next. I just heard that they plan on doing something like a monthly stimulus package soon. How can we protect ourselves from inflation? Because someone like me who has just your traditional school education, which means no financial education whatsoever, I can see that and be like, whoa, like, hold on. Like you guys understand that the money that you currently have now is all of a sudden not as valuable as it was before they started doing this, but everyone's

excited because they, $1,200, like, let's go. And I'm just, it freaks me out. You know, I am trying to save money, but I also like, you know, listening to you, it just makes me think. So what can we do to protect ourselves from inflation? Well, that's the most important thing is that I don't save dollars. I mean, since I don't need dollars because I use debt. So my thinking is opposite. But I save gold, silver and Bitcoin. And the reason is gold and silver are God's money.

Bitcoin is people's money. But more specifically, gold, silver, and Bitcoin are not controlled by the Fed or US Treasury. So that's my logic system. I'm not recommending it, but God's money and people's money versus fiat currency, what I call fake money. And so you're exactly correct is the more they print of it, the more worthless it gets. And the primary, you know, right after 20, you know, the biggest crash came in March of 2020 in world history. Nobody even knew it because the coronavirus was so terrified of that. But the market took the biggest drop in world history. And so that was a cover-up, the Fed's printing of money.

But the reason they print money is to bail out their friends. Like I was a pilot in Vietnam. It's called you've got to provide air support. So they provide cover, stock market gets jacked up, and then the rich sell out. And then they keep telling the average guy, invest for the long term. So the stimulus package is air support or air cover for the rich to get out. That's my sick opinion.

At the same time, it screws the working class, anybody working for money, because you're working for money, you're saving money, taxes keep going up, you make more money, more taxes go up. And I think the good news is a few people are waking up to it today. So anyway, the long answer, you know, gold, silver, and Bitcoin, I wouldn't touch ETFs because there's no money behind that stuff. This is fake as the U.S. dollar. So in gold and silver, there's a futures market where it's all manipulated. And then there's the paper market, which is gold, silver ETFs.

And then there's hard currency, gold coins, silver, silver bars, and all that. And anything paper is fake in my world. So a silver coin today, you can buy for 20 bucks. So that's where my wife and I started years and years ago. We just started, you know, back then it was $3 for a silver coin, and today it's $20. So I bought my first gold coin in 1973, and this is the interesting thing.

In 1973, I had to buy it in Hong Kong. My aircraft carrier pulled in and while the guys were chasing hookers, I was chasing gold. So I bought my first Krugerrand there. It cost me about 50 bucks. I still have that Krugerrand today. How much is a gold brick? How much do those cost? It depends on

per ounce and things. But that Krugerrand today is worth $2,000. So I paid $50 for it. And today it's worth about $2,000. Jeez. So it's not that the Krugerrand got bigger or more value. It's just indicative that the dollar is coming down in purchasing power. And so, unfortunately, the dollar is more toxic than the coronavirus.

The people that are working for money are getting poorer because they keep printing it. So if one was to invest in gold, what's the goal? Is it just to make sure that their value, like they have an asset? Or is it at some point to sell that for whatever currency is available at that time? Well, it depends upon your long-term plan. My wife and I don't sell. So our goal is we're going to pass on $100 million in charity.

So we don't need the money. We just borrow the money and then we don't pay taxes. So we have tons of real estate. We have businesses. We have patents. We have royalties. And we have gold, silver, and Bitcoin. So it goes into what's called a CRT, a charitable remainder trust.

And all of that will be passed on for further generations. But that's the long-term plan we have. So do I sell it? No. I just keep gold, silver, and Bitcoin, because as we say in the Marine Corps, you get tired of bending over and picking up the soap. Did you get a stimulus package? Of course.

My kids actually got a stimulus package. They got like $1,200 each or something. I was like, what? How'd that work? My kids are 12 and 16. Yeah. Anyway, it's fake money. Where's my book?

This is it here. This came out in 2019. It's called Fake Money, Fake Teachers, Fake Assets. So the money is fake. In 1971, the U.S. dollar became debt. Our school teachers teach us nothing. And we take advice from financial planners who are salespeople, not rich people. And then fake assets is this book here, which just came out this year. It's called Who Stole My Pension? And what this book says, the biggest export from America are toxic assets. So Wall Street manufacturers all of these products, and they ship them, and they still do it.

They're called derivatives. You know, MBS is mortgage-backed securities, collateralized debt obligations, and all this. And the pension funds throughout the world and governments buy this garbage. And Warren Buffett called derivatives weapons of mass financial destruction. So that's what happened in 2008. The derivatives went off, exploded all over the world, but they blended on the subprime buyer of real estate. what would you do right now if uh if you were kind of just starting out and you were trying to make some money like with the way that things are currently set up what would be your um what would be your focus well i think the most important lesson i passed on in rich dad port is number one you gotta choose your teachers wisely do you know what i mean it? The same as you choose a doctor. You know, if you have hemorrhoids, don't go to a dentist.

You know, they can't fix you. You got to be a little more selective today. You know what I mean? So I choose my teachers wisely, and that's why when I was nine, I went in search of my rich dad. And I got that lesson from Sunday school. I wasn't really religious, but before I was about eight or nine years old, my Sunday school teacher, this is a Hawaii, really pretty young woman, she said, why were the three wise men wise?

And I said, because they were rich, you know, gold, frankincense, and myrrh. She goes, no, that's not the reason. I said, it's got to be, it's got to be, it's got to be the money, you know. She goes, no, no, no, no, no. So finally the answer she was looking for wasn't my answer. She says, the reason the three wise men were wise is they went in search of the best teacher. And in the Christian faith, it was Jesus. In the Buddhist faith, it was Buddha. In Islam, it was Muhammad.

So people naturally go search of the teachers. I remember the same thing in flight school. You know, I did fairly good. I did average in Pensacola, Florida, and then they sent me to Cap Pelton to get ready to go to Vietnam. So I looked for the meanest teacher. I went looking for the teacher. I was a gunship pilot who had the worst reputation because he was dangerous. But I wanted him to be my teacher because, you know, when you're in combat and people are shooting at you,

it's not flight school anymore, you know. So the lesson I have is go search, choose your teachers. And the good news is, you know, YouTube today has some fantastic teachers on it. You know, there's good and bad, so I listen to both sides. There's a guy, Richard Wolff, he's a hardcore socialist. I listen to him. You know, I keep an open mind. Then I listen to the hardcore capitalists, keep an open mind. But that's why I love the information age,

and I keep saying this iPhone here, most powerful tool ever created for entrepreneurs. You can sit anywhere in the world and dial for dollars. I met this one kid. I'm not going to tell you this. I met this other kid a couple of days ago, 19 years old. He has a YouTube channel, 6,000 subscribers, $12 a month. Kid's clearing $72K a month.

And his parents still want him to go back to school. That's crazy. And all he is is a mini version of Tony Robbins. He's a motivational guy. Wow. Yeah. I'm curious about this too, because I'm like, I love first off how like Mark has talked about, you know, going on what you're interested in. And obviously you're interested in good ways to make money.

You've come compact that compacted that into all of your different books. So I know when some people are seeing you talk about your different books, they're like, ah,ed that into all of your different books. So I know when some people are seeing you talk about your different books, they're like, he's just trying to sell those books. But it's so dope because you have all of your knowledge just put into these different things. You want to learn about it? Read this damn book. So I'm going to be getting a lot of your books. But I'm also curious because I can tell that you continuously take in information from a lot of different sources, like you said. So in your opinion, who would maybe be your top five resources or teachers on YouTube, along with yourself, that teach, I guess, in your opinion, good concepts financially, good financial concepts? Well, first of all, that's a great question.

But money permeates everything. Education, religion, school, you know, it's in everything. Clothing, shopping, taxes, it's everywhere. When somebody says I write a lot of books, it's because money is everywhere. And so, like, for example, when I didn't know much about Bitcoin, I just went on YouTube. And I listened to what guys were saying. And some guys said, well, you know, some people say it's a piece of trash. Other people say it's good.

So I found out about that. So I interviewed this guy, like you guys do with me. I interviewed this guy, Anthony Pompolino, on my Rich Dad radio show. And he's the one that explained in detail because he's a fanatic on it. Now, my other friend is Jim Records, who wrote the book, The Road to Ruan and all that. He doesn't recommend Bitcoin. And Warren Buffett, he doesn't recommend gold or Bitcoin.

So everybody is a different teacher. But I want to find out why Records doesn't recommend Bitcoin and why this guy, Anthony Pompilino, does. All coins have three sides, heads, tails, edge. And intelligence has found the edge. Can you listen to both sides? Otherwise, you become either liberal or conservative and you get into that

fight. And the saying goes, when you argue with an idiot, there's two idiots. I've been that idiot too many times. How did you get to meet Donald Trump? We used to do these massive, massive real estate investment seminars just before 2008. And, you know, because flipping houses was everything.

They had all these flippers and all this stuff. And Trump and I don't flip. So we used to do this, like the Javits Center, we had 65,000 in New York City. The Moscone Center, we had 65,000. And we would do these huge events. So Donald was the last guy and I was the first guy. So get the crowds in with me. And Trump was the last guy and i was the first guy so get the crowds in with me and trump was the last guy so we spent a lot of time in the green room to shoot the shit

he's a great guy i mean he's a man's man my wife absolutely loves him because he's a man's man and it's not politically correct i trust me you know. He said to that guy coming off the bus, you grab women's you-know-what. My wife just cracked up. He said, that's what every guy wants to do. You don't find those women too often. That's why we're married. I had a chance to meet Trump Jr. He's it's great huh yeah yeah he's uh really really good guy but uh it was interesting he was saying how he's like my whole family used to be like loved

we used to people used to like be like huge fans of ours and then as his dad like got on like the apprentice and then as he became political, then it just complete, you know, complete flip. Everybody started hating him. You know, the lot of times you can see the parents and the kids and they have two, two boys and one girl, Ivanka. Ivanka should be a president. And that young woman is sharp.

They're all sharp kids, but boy, I mean, she is wired tight. She's good. She's smart. All the boys are great. We've gone hunting, which is politically incorrect, and we sleep on the ground, no toilets, for days.

And those boys, they don't flinch. They're not pussies. So they're tough kids. boys do not, they don't flinch. They're not pussies, you know what I mean? So they're tough kids. What do you think people should do with their stimulus packages? You know, they get a little extra chunk of change right now. What's

something that they can do? Well, number one, follow the rules. You know, we have to spend it with us. I don't know what my accountant does all this. We make sure we document everything. It's going to wages, and we can't fire anybody, which we had no plans on doing anyway. But the biggest thing is we don't need the money. So we just reinvest in the business.

So it all depends upon your personal strategy and your business plan and all that. So my employees know that if they cut the, you know, whatever happens, they cut all the power off and all this, the bank shut down, we can still go to work. So it's all strategic planning, strategic and tactical. I think that has answered your question on that. Yeah.

I was just thinking of more of like your average American who doesn't have a business right now. You know, somebody who, again, maybe they don't have the financial education because we do see like, you know, some people pointing out like somebody at Walmart buying a big old TV. And it's like, oh, that's because your stimulus package came in. We know that's not the answer, but I'm just curious what would be your advice to somebody who is not sure exactly what to do. Save it, invest it, spend it. I have a saying that you can't cure stupid. It's infinite.

That's my fault. Anyway, you can't cure stupid. I don't teach pigs to sing. They waste your time and annoys the pig. So somebody's got their heart on because they got a new Samsung TV. Leave them alone.

Leave them alone. They're in heaven. You know what I mean? Kind of finishing up here for today, can you, because I think this is really interesting about, you know, what you did in flight school and how it kind of prepped you for some other things down the road. But I heard you talking about practicing crashing

and how that later on ended up being, you know, something that you actually had to utilize in combat? Yeah. That's a great question. The lesson there was, again, it came from my rich dad. He says the more dangerous or the more high risk, the better your teachers and the more you've got to practice. So it's like if you're the average person

and just investing in stocks, bonds, mutual funds, ETFs, you don't have to learn a damn thing. But if you're trading stocks and bonds and stuff like this for a living, you've got to practice the up and downs, the crashes. So it's the same thing in flight school as every single day the U.S. Marine Corps started in Pensacola, Florida, moved to Camp Pendleton, and on to Vietnam on an aircraft carrier. And every single day, as part of protocol and procedures, is every pilot is required to practice one or two emergencies. So when it happens, it becomes mental, emotional, physical, spiritual. You're not thinking anymore.

So when I was in Vietnam on this one day, I lost my engine at 1,500 feet. I didn't have to think. The body went straight into it. The power came off, dropped the nose to the ground. I'm diving towards the water coming down. At the same time, I'm calling, Mayday, Mayday, Mayday. towards the water coming down. At the same time, I'm calling, Mayday, Mayday, Mayday. There was no thinking because I had practiced that so many times.

And then we flare. It's really tough looking at the water coming up. You can see it coming. It only takes a couple of seconds. That's all the time you have. You can't say, Oh, I should have practiced this earlier. I practiced it so many times that just before we hit the water, we flare it, the helicopter glides, and just before we touch down, we stop it, and the waves pick us up.

So we all came back alive. And that's what I loved about the Marine Corps is we're a band of brothers. You know, it was I flew not for me. I didn't fly to kill, but we did kill. We flew to keep our guys alive. And that's the most important thing. So as an entrepreneur,

my most important job is like being the pilot. I've got to practice so I can keep my employees alive. And my employees know we're flush with cash right now. And that if they shut the business down for a year, they'd still get a paycheck. So we can keep functioning.

So just practice in emergency. It takes a while to get there, of course. But in the military, we learned two things, the strategic and tactical. Strategic is the mental side, and tactical is what you do. So we practice strategic plans and tactical plans. So every day we practice crashing, engine failures, hydraulic systems. We're always practicing the crash because my number one job was to bring my guys home alive.

So that's kind of the long lesson. Same as entrepreneurship. Yeah, thank you so much. We really appreciate your time. You got any new books that you're working on at the moment? Yeah, I'm crashing a book because of this corona thing. It's called Infinite Returns. You know, the song by Dire Straits, money for nothing, checks for free.

So I take that to heart. So it's called Infinite Returns, Money for Nothing, Gold, Silver, Bitcoin for Free. It's how you don't need money to make money. Great. Thank you so much for your time today, and hopefully we'll have you on again sometime.

It was fun, you guys. It was nice talking to you. Have a great day. Thank you, sir. Thank you so much, sir. Thank you. Thanks. Have a great day. Real net. Thank you, sir. Yes. Thank you so much, sir. Thank you. Thank you. Thanks. Alrighty.

Cool stuff, man. I think he was making money while we were on the podcast with him. That's the way to do it. Yeah. Making that money. Yeah. Well, I mean, he was, he was, you know, advertising some books that I'm getting that board game. No question about it.

But, you know, he was just like answering, like, I can't remember who. It was in regards to like answering questions that people may have, but we've already done podcasts with it. So it's like we're not, we are publicizing or advertising our podcast, but we're still answering the question. And that's what he was doing. So like you can't like be mad at him for talking about it. It was just perfect. Yeah. No, like it's, you know, that's what he's done is he's learned so much.

Just like a lot of the guests that we've had on this podcast, you learn so much. Well, what's the easiest way to share it with the most amount of people? You make a book, you sell the book and you make tons of money. Like it's, it's funny. Some like sometimes when people come on and advertise their book i see comments like oh they're only advertising their book well if you want to learn what the hell this person knows buy the book you know like it it makes no sense well it's easy to learn information from these people too even if you don't really

care to read the book. Like if you even just like Google the book or if you YouTube the book, you'll find someone else who does like a review of the book and then you can like learn a bunch from that. Like there might be like a 15 minute thing. I think now there's even some like audio stuff that like gives you a book in 15 minutes, you know, it just gives you like there's apps and stuff for it and stuff like that. So there's all kinds of stuff you can do. I got a hack for you guys.

And I think Mark, you, you might love this one. It's Andrew and I, we use this app called scribed. I think you use it too, right? Andrew.

Okay. It's kind of like audible. It's $6 and 99. It's $7 a month. They have a lot of full books on it, which are, which are great. Like a lot of the books that you'll find on audible, you'll find on this app for seven bucks. But the app also has a lot of book summaries for books that we like,

like Andrew, or I think it's either you or Mark, when you guys are going through atomic habits, Mark. Yeah. I've been talking about it. Yeah. So this like it's um it's like a 30 minute 30 or 40 minute audio um book summary on all the big concepts from atomic habits and it sinks it down in a very just easy to you know review way it's it's super cool and it's seven dollars a month everybody has seven bucks a month you know what i mean you don't have to pay for the individual books either. The whole library is yours.

It's killer. It's an amazing service. I've been using it for a long time now. Yeah. It, cause to me, um, like the other services, I just won't mention them,

but like you pay and then you got to pay again. Like it didn't make any sense to me. This is the Netflix for audio books. Like you pay one, one monthly charge or whatever fee and you have access to their entire library for free. Well, free-ish, right? And they don't have necessarily everything, but they have a lot, you know. Nine times out of ten, I can find what I'm looking for.

And they do have those, I think they call them snapshots, you know, exactly what Nsema said, the biggest concepts. And for me, I don't do those anymore because all it, all it does is just, uh, prolong me listening to the full book because it's just like a big advertisement for me. Cause I'm like, Ooh, like that was really good. I'm going to jump into that. And, you know, so now I just jumped straight to the book, but, um, it's an amazing service. And I know they have rich Dad, Poor Dad on there. Like they have a lot of stuff from Mr. Kiyosaki on there. Yeah. And I've mentioned this before on this podcast. Like I don't really, I rarely even use Google.

I usually just go right to YouTube and search for stuff. So even if you were to type in a book, I mean, you'd be surprised. You'd see all kinds of different people talking about the book. It might be even like your favorite YouTuber. Like, you know, a lot of these guys, even if it's a guy or girl that's in a completely different field, there's still so much to learn about making money. Like everyone can learn about that. So you're going to be shocked at like, you know, how many different ways you can get this and this kind of information. And obviously just buying the book is the easiest route.

But, yeah, I've been listening to a lot of his stuff for years and a lot of what he says, you know, it's really powerful. But then some of it also, you know, if you don't if you don't have a lot of money or if you haven't learned some of the things that he's talking about, then it's kind of hard to put into practice. You know, it's like, you know, he's not like saying like, you know, for every $10 you make save to like, anyone can kind of follow that, you know, but his practices are different. You know, like it's, he kind of mentioned that towards the end. He was like, it's not easy, but this is kind of how I do it. Yeah. I mean, he, it's about like for him, it's about like creating a business, creating, creating something, you know, but I think a lot, a lot of people, you know, if you're continuing to really learn about your interests and the things that you're interested in, you can monetize that somehow. You just, you know,

you just got to get creative with it. Right? There's the, the way I'm learning my guitar right now is through an app from this Justin guitar guy. He's just a really good guitar player who put all of his skills into an app. That's $64 a year. He's making bank just because he loves guitar. You know, remember Elon Musk saying, um, you know, if, if people aren't creating stuff, there is no stuff. But the other side of that is create stuff and make stuff, you know, like when you, when you make something, you'll get something back from it. You'll get something back for it. And I think sometimes, you know, people of today, some, maybe sometimes get

caught up in maybe refining things too many times too much trying to make things perfect trying to get things just right but you really want to fail a lot and maybe in school maybe that's one of the issues with school is that um you know just don't have an opportunity to like fail a lot like if you if you're not getting it then you're just like way behind and then you're screwed and then like you don't, you don't get to like go on to the next grade or, um, you know, people make a big deal of it. And then it's, and then it becomes a weird thing because, uh, you get into this weird battle where you don't even want to try because you're

so far behind. There's just so much work to, you know, it gets to be like a weird, it gets to be a weird, um, giant mess, but, you know, failing fast, you know, failing quickly, failing often, and then trying to learn from those mistakes is, uh, it's probably the best thing that you can do. And most of the time, it's not going to be, it's going to be rare. That's going to be all, you know, it's not going to be so dangerous that you can't recover from it. Um, you know, use your head and have it be something that's, that's not too out of this world, but you took a risk doing jujitsu. Um, you took a risk when you did powerlifting,

you take a risk when you do bodybuilding and you try it out and mess with it. And if you get hurt, then maybe you move on and try something else. But at least you tried it. At least you learned about it. Dude, you know, yesterday I was talking to this lady who she just started jujitsu and she got hurt. Right. And she's feeling kind of down about it. She was at the class and that we were talking about it.

And I just realized it'll be five years of jujitsu come December. And I remember when I first started, when I was, we were back at the old super training gym. And I remember the, like when starting how hard it was, how like just crazy, difficult, everything looked right. And now we're almost five years in and it's just like, it's almost five years in. And it's just like, it's like, I feel proficient. I feel like I understand things about it. And it's just, it's like, we can just do and learn so much, but it's just doing, taking that first step to try and learn about something and being just really

bad for a while, you know? And then I just, you know, looking back at it, time went by so fricking fast. It'll be half a decade of jujitsu come December. And even when I like, it's just, it's just crazy to think about. And the smallest things probably hurt and they were uncomfortable in the beginning. And then now when somebody asks you about it, you kind of almost forgot that it even happened. You're like, Oh yeah, my knees did used to hurt all the time when I was doing this, they used to be burnt all the time or the you know skin rubbing off your feet or

whatever whatever the thing is it's always there's always something you know that that bugs you when you try something new and i think that um it dissipates you know it it goes away and then getting hurt or getting injured is actually a great thing as long as you know as long as you get too jacked up but it's actually good because it's going to show you how much you really want to still do it. Yet you learn faster. Like if you get hurt and like, if you get hurt the first day and you come right back again the next day, or the first day was so hard that you can barely get yourself out

of bed and you still went the next day and you still continue to show up for the whole week, you're probably going to be doing that for a while. You know, you probably proved to yourself that you, that's something that you decided somewhere along the lines, because remember, you know, we're inventing these things and creating these things because we think somewhere in your head, you're thinking this is a better decision than, than what I was doing before. This is going to, um, this is going to create some sort of extra happiness for me. If I can lose this weight, if I can run this far, if I can do this in this amount of time, this is going to be better than what I was doing yesterday.

I think that's what you're thinking. And I think if you can just, like you're saying there, if you can just stick to it and get over that little hump, then it might be cruise control from there. Yeah. One thing that I noticed about Encima that's like way different, we were doing burpees where Mark's at right now in Bodega. And then you're like, oh, you guys are doing them differently. I thought you did them this way. And you did it barefoot.

And I just felt like your toes hit the cement really hard. And I was just thinking, that would probably break all of my toes. And you did it like nothing. Oh, yeah. And I'm like, damn. Like, okay. You're reminded, yeah. Yeah. And I'm like, okay.

I'm assuming, like, maybe even before even before jujitsu you you were you know you had stronger feet than i but that's one of those things you know like when somebody's like stepping into a jujitsu uh gym for the first time or school sorry you're like yeah that would probably that i know if i ever do it like that's gonna crush me because like even just walking around the house barefoot i'm like oh and then when you did that i'm like oh my gosh like i'm such a bitch because it literally like jaw on the floor like whoa like because i felt it on my feet when your toes hit the ground like just straight on your toe i was like oh my gosh this guy's an animal that honestly dude what you just said there is exactly what Mark was talking about, because I do now remember when I first started jujitsu, those first few months, my feet were on fire, bro.

And I like I totally forgot about that phase. Like, that was a rough time. I was just like, oh, my God, how do people do this? I don't feel that shit anymore. Like, I don't feel any type of foot pain whatsoever. Um, but that is something that's commonly people commonly have to kind of get past one of those little humps that we were just talking about and it just goes away. It's, it's so funny. You mentioned that, man, I didn't even realize that. And, uh, sometimes when you're trying to learn stuff, you know, if you're

trying to seek, um, you know, learning about finances, like Robert was sharing with us today, you'll find that like a lot of it doesn't make any sense to you. But again, just I would consider that to be the equivalent of maybe getting a small injury or a small owie in your training where it's just like, it's just kind of part of the game. And not everything's always going to work out, even though you want it to work out. And it's okay to not understand some stuff, but after you read more or after you listen to more stuff and you hear, you know, two different people explain the same thing, maybe in different ways or in the same fashion, but said slightly differently, then it will start to sink in. You'll go, Oh, now I know what I'm talking about. So if you start listening to, you know,

somebody talking about the black hole or something, talking about space, it's not going to make any sense to you. If you've never heard any, any of the, uh, any of the words that they typically use when they talk about stuff like that, you just wouldn't, you wouldn't be able to comprehend any of it. But if you listen for a while and started listening to other stuff and maybe started with something a little more simple, then it would start to many go, ah, okay, I, I get it still. Some of it still might be over your head in the end, but at least you tried it. And then you can kind of, again, you can kind of move into,

you know, what it is that you, you think is going to work best or be of your best interest. Yeah, like not only have you tried it, but you also kind of start to learn the language. Meaning like, you know, in SEMA, like he said, like when he first started, it's like everything seemed really hard. And everything still is hard, but he understands the language of jiu-jitsu so he's able to interpret it he's able to you know uh speak it i'll say um so kind of like what uh robert was saying about the uh the the uh value of gold like it hasn't really gone up it's just that the cash has gone down so yeah i think uh once you do get to learn something just even just a little bit everything starts making more sense like that thing that they were talking about like weird

stuff with the black hole like that what are they talking about then you learn it a little bit like uh you can start connect the dots you know and then you can make your move then but at first you're not going to understand it and that's something that a lot of people don't understand yeah like as adults it's you know when we were all talking about school yeah you know if if you're a kid that doesn't like chemistry it just fucking bores you you can't do anything but sleep in that class even though you're trying you know you study just enough for the test and maybe you don't pass you get a d right you feel like shit okay you feel like shit because then you think you're trying, you know, you study just enough for the test and maybe you don't pass, you get a D, right? You feel like shit. Okay. You feel like shit because then you think you're dumb. You don't think you're smart, but you're just not freaking interested in chemistry. You don't like

it. You probably have other things that you really like to do that you're interested in, that you can learn about that, that excites you, but it reinforces that type of idea into adulthood. So when you start doing something and you're not immediately good at it, but it reinforces that type of idea into adulthood. So when you start doing something and you're not immediately good at it, but you're interested in it, right. But you're not immediately good. There's this thing in the back of your head, which you're like, fuck, you know, if I'm not, I'm not good at it now. Why should I continue? You know? And you just rationalize too much when you get older. I do that a lot too. I'm not saying that I'm not saying you, I do that shit a lot. So we gotta, we gotta escape that man. Yeah. And I really love what Mark was talking about when, you know,

you do get behind in school, you get so far behind. You're just like, I give up. And then what Robert was talking about, how, you know, we, we get, um, I can't think of the word, but basically we get trained. Like you, you, you need to pass, right? You need to get a good grade. The second you don't, you're doomed. So people have all these crazy anxieties for not wanting to try something new, something different, that business venture, because I can't fail. Because if I fail, I'm not going to be able to get ahead now.

And so what Mark and Robert were saying, it's like, no, we need to fail. We need to fail fast. It's almost like you can't succeed unless you fail first. That sounds so obvious, but it actually is not, like, the most known thing. You know, so it's like, damn. Like, I'm not saying I can't wait for our podcast to fail. But, you know, at the same time, it's like, you know, we will have to take a step back to make a bunch of steps forward. So I think, man, there's just so much powerful stuff in this episode today.

Yeah, he was awesome. I think learning the language is a massive thing and then being able to speak the language. being able to speak the language like that's when you really know you learned something is that when you're able to start to share the information that you're receiving. So let's say you read a book like Atomic Habits or something like that. And someone, you know, ask you a question. And then you're able to, you know, you read this thing, maybe three months ago, you started putting in implementing some of these habits into your own life. And then someone asks you a question about how do you keep, keep up with your discipline and boom, you're able to remember what was in the book. You're able to remember the thing that you implemented on a daily basis that has really helped you has really made a difference.

Like one of the things that's talked about, um, I'm losing the guy's name at the moment. Do you guys know his name? The atomic habits guy. I forget. Anyway. Um, the atomic habits guy, he James clear, James clear. There you go. He mentions, um, you know, it's hard, it's hard to do things in, in certain environments. So as we've said on this podcast before, not having stuff in your house is a really good move. What is the thing that's related to your issue? Is it that you end up drinking because you go to bars with your buddies? It's like, well, that's a big consideration

and not an easy thing to step away from because you find a lot of enjoyment in that. But if it's problematic, you're going to have to like move on or be more reasonable about how many times a week you do that. But once you're able to, you know, understand something to that level where you're able to say, Hey, you know what? I've read this thing the other day, and I think this might be helpful to you. That's when you know, you're really, uh, you're really onto something. And that that's, I think, you know, the world, uh, is getting so much of that at the moment. And I just, um, I think everyone should really consider it their like duty to continue to work on trying to make themselves better without being crazy about it. Like you don't

need to be, you don't need to have a bunch of anxiety about how you're not good enough. That's not what I'm talking about. We covered a lot of that in, uh, talking with Aubrey Marcus a lot yesterday. Um, but just what are some things that you can do to help advance yourself just step by step? It doesn't have to be, uh, that you're, you know, and I think also too, some of this stuff, sometimes I think maybe people are like, you know, and I think also too, some of this stuff, sometimes I think maybe people are like, you know, I want to be a millionaire. I said an idea to my wife the other day and she was like, she's like, that's going to make us millionaires. And then we both kind of laughed about it and just thought about how funny that

is. And the reason why we thought it was funny is because we never, we've never said that before in our lives. She was just kidding. You know? Um, you're not really, you don't really need to try to be a millionaire. You don't really need to try to have a six pack. You don't really need to try to bench press 500 pounds. You need to just try to be a little bit better than you were yesterday. That's it. Just a little, just whatever little bit of momentum that you can get. And if you can find something that you're interested in enough, you can build that consistency. And once you're doing stuff for half a decade,

you're probably going to be pretty good at it, especially if you showed up a lot, paid attention often. Just time and being interested in something, man. It's crazy. That's great. I love this stuff. More hot dog bowls ah no dude hot dogs and eggs is really good too though

fried and sema did hot dogs and rice that sounds awesome hot links and rice oh that is really good but you know um just saying real quick i just i never realized how uh mind bullet is kind of like an appetite suppressant because, I mean, I've been drinking coffee, right? But I did take, I popped three of them before our cast. And right now, I'm feeling, I'm not feeling hungry at all. You know?

It does work that way. I didn't realize. Not going anywhere for a while? It's like the Snickers commercial. You're not you when you don't take MindB that's right but wait who am i if you question that then maybe you had too much mind bullet yeah we don't you don't want to get there you don't want to get there at all have you guys have been if you guys been checking out some of the stuff about uh horace grant and um and jordan uh nothing outside outside of the dock.

So the only thing that I remember, because there was an awesome, I think it was a 30 for 30 on the Orlando Magic, and how they got two first-round draft picks back-to-back, which they got Shaq and Penny Hardaway. And I just remember they did a short piece on it about Horace Grant and how the Bulls were pissed that he went from the Bulls to the Magic, which was their Eastern Conference rival at that time. And then, of course, they had Horace Grant on their shoulders as they beat the Bulls in the Eastern Conference finals. That was all I remember.

But I don't know. There's a story story a bunch of stories i guess are going to come out i saw shannon sharp talking about it on uh that show with uh skip shannon and skip um you can just you can search for it on your tv if you just uh you type in uh the last dance type that in you'll see a bunch of different stuff will come up on that and and that will pop up there's a lot of stuff people talking about horace grant and people talking about whether like jordan broke some codes and of like you know nba players and stuff most of it's kind of stupid but this thing i think was was pretty big and they said that there's going to

be more stuff coming out shannon sharp didn't want to repeat all of what horace grant had to say but uh basically um horace grant or everyone's on the, on, I think, I think they're on a plane, the traveling home from somewhere. And they're about to like serve dinner. And Michael tells the, the flight attendant, he says, don't serve Horace. He played like shit. And Horace just like kind of heard, like heard it. And he was like, did I hear that right? And he's like, yo, fuck you, Mike.

You know, he like yells at him and they start, you know, kind of going back and forth a little bit. And then, uh, one of the other players, one of the other players just says, look, you know, Horace, like it's just, you know, we're on a fucking flight, you know, like it's not good, you know, for you guys to be fighting under these circumstances or whatever. So they they they chilled out. But I guess that happened, you know, many, many times. There was a lot of situations like that. And yeah, like Shannon Sharp, he said, like, he's like, I can't.

He's like, I don't feel comfortable repeating the rest of it. So he's like Horace Grant, you know, at some point he'll probably let all this stuff out. So he's like, Horace Grant, you know, at some point he'll probably let all this stuff out. You know, Michael Jordan was kind of like, OK, we can use an amazing basketball player and the goat. But he is an asshole. He was mean. Like, you played bad. You don't eat. What? What the hell, man? And then apparently Scottie Pippen, I just looked this up too scotty pippen's pissed with how he was portrayed because like they they probably didn't get to see the final

cut before it was put out and scotty's a little bit pissed like how he was portrayed too you know so i think you can watch all of like horace grant's interview and stuff i think they're like trickling out some of these some of these things um There's like a lot more stuff that, that was said, you know, Jordan's been accused of this for a long time. Like I remember when I was a kid and like Jordan was the, he was on top, you know, I remember the media would speculate, the media was speculating against itself. It was like, I think, you know, something's going on in Chicago and like, there's something going on with Jordan and, but people don't say

anything, you know, the, the press won't bring it alive because they love Jordan. And cause what Jordan does for the game, they just, they keep it all, uh, you know, they keep, keep it all under the rug type of deal. You know, it's hard, it's hard to know. It's hard to tell. Obviously, like I, I loved watching Michael Jordan as a kid. I think he's super inspirational for a lot of people, but I just think, I think we make a mistake in our society and we put, sometimes we've just put the wrong people too high up on a pedestal, you know, to just to love Michael Jordan as a basketball player is really cool.

But to think that he's anything beyond that might be a mistake, you know, to just to love Michael Jordan as a basketball player is really cool. But to think that he's anything beyond that might be a mistake. You know, maybe somebody like a LeBron James an NBA player and he shows you that hand and he's fucking amazing. But then he also shows you another side where he's showing you like a political side. He's showing you him dancing with his family all the time. Right. Jordan chose not to show any of that to us. So that doesn't mean he's a bad person. He also wasn't around during social media. It just means that he wanted to keep that shit private.

But because we don't see it and because we know nothing about it, then it doesn't mean you speculate and just say, oh, he's a shit person. But we cannot speak for anything else that he does. Whereas like LeBron James, not that we know LeBron James, but we at least have a little bit better of an idea or understanding because there's so many cameras and there's so much social media going on these days. We think that we have a little bit better understanding of who he is. But a lot of times we don't know who these athletes are. And I think a lot of times your heroes are just right in your own family. It's your grandma. It's your aunt.

It's your, you know, whoever loved you, ever cared for you, whoever like really had that unconditional love for you where you could just, you know, you could do no wrong. And someone was like always there for you. That's the kind of stuff that I think people need to put maybe in a little bit higher value and not get so excited about, uh, you know, Mike Tyson or whatever, whoever's the best Bones Jones. Like we don't know anything about how Bones Jones conducts himself outside the ring except for some stuff that we hear that's not so good normally. So it's like all these people are human, and I don't think there's any reason to really get too overly excited about them. Yeah, I'm curious to know what Scotty necessarily didn't like.

them you know yeah i'm curious to know what scotty necessarily didn't like um but and i i it must suck if uh you know randy brown and ron harper are watching and they don't get mentioned once and then even ron harper uh the uh the cover of the last dance you know it has steve kerr dennis rodman scotty pippen jordan, and Phil Jackson. In the original picture of them walking off the floor, Ron Harper is in that picture. And he gets photoshopped out for the cover. Why do you think? Is there some type of thing with Ron Harper and those guys? I don't know.

Ron Harper was supposedly one of the only guys in the NBA that could cover Jordan really well. He was a really good defender. But they ended up being on the same team together. Yeah, and he was I think like 6'6", and they had him as the point guard. But I think because Pippen can run the point forward, it didn't really matter. But I just thought that was interesting because I don't remember Harper doing anything outside of

Chicago. I think he, I think he got drafted by the Clippers and he didn't really do anything there. And then he shows up in Chicago and of course they win the championships. But I just thought it was interesting. He was on the starting five and he didn't get any airtime at all. And

I was just like, wow, that must suck. So I'd imagine they're probably a little bit more bitter than Scottie Pippen. I'd also say, you know, some people, I think they make some mistakes too. Like in like the case of like Horace, you know, it's like who knows exactly what happened or how it went down or whatever. But you would just like to think that if someone is really doing something that's really, truly disrespectful to you. It really did cross the line. Then you have to address it. Like don't just be along for the three rings, you know,

that Horace Grant won with the Chicago bulls. Like don't just be along for that. You know, like don't just be along for the fact that you're going to, you're going to make more money. Um, you're going to get more recognition cause you're part of this bulls team. Like if there's some bullshit going on, then you need to really stand your ground and you need to make a, make a statement. Now, maybe he tried and maybe like, you know, maybe no one cared. Maybe everyone just thought he was a baby. I'm not saying like, you know, that you have to

punch somebody in the face, but you would just like to think that like, if, if you were in that situation, someone's mistreating you, that you would want to do something about it. You would just be like, I'm not getting treated this way. I disagree with this. Yeah. You mentioned getting punched in the face. That Steve Kerr incident, that was – Yeah, right?

That's insane, man. Steve Kerr is kind of little in comparison he is little in comparison but yeah that that did seem to be like it seemed like jordan was kind of you know he would try to motivate his teammates or whatever but if if he could walk all over you it seems like he couldn't really he didn't respect you much like there's this one guy on the team and i forgot his name but jordan would like make fun of him so much and instead of like him clapping back he'd be like oh yeah that's funny blah blah blah and it like it kind of all slipped off and you guys know who i'm talking about scott burrell it's like that was his deflection but because that was his deflection it's like jordan kind of was just like just

treated him okay you know that was weird yeah that guy can almost like completely ignored him there's those shots of like jordan like shoving his shoulder into him and stuff and trying to like take him on to like fight him and stuff and the guy just just not going for it i know we're going in on last dance stuff right now but like what i thought was so crazy was how jordan would create a chip like he would he like remember that there was something he said he made up yeah he made it up he was like uh yeah he didn't say anything to me at the end of that game yeah yeah they played a home and home with oh my gosh i can't remember but yeah some rookie came out and he scored like whatever like 40 points or something.

Yes. And then he said like... Good game, Mike. Good game, Michael. Or something like that. Yeah. And so that was the chip. And then at the end, yeah, he came back and he scored more than the guy did the whole game in the first half.

And just totally crushed him. He was like, yeah, I made that up. Like, oh my gosh, dude. How crazy do you have to be and so like oh man and that really made me think because yesterday you know you had asked aubrey marcus like what about using negative you know to uh to fuel your fire and it's like well you know it's better to go to the positive route which i agree but jordan was like just he just made like he just somebody say something negative to me please so i can prove

you wrong so i i mean gosh i guess we just turn a positive into a negative like good games actually positive don't tell me you have a good game the guy might have said it like a dick kind of you know bro you know something that came to mind um there there's there's something a a coach said to me a coach that i looked up to he's a bodybuilding coach that I really respected. I still do respect him. I won't say his name, but I was at like a, I was at like a conference for coaches. It was a few years back when I first, like six months into my starting jujitsu, we were all talking, we were all hanging out and someone was asking me about jujitsu and I was like, oh yeah, it's super fun. It's super cool. And someone was asking me about jujitsu and I was like, oh yeah, it's super fun. It's super cool. And then he said, yeah, you know, don't take it too seriously because it's not like you're ever going to be a jujitsu world champion. Focus on bodybuilding.

And when he said that, I was just kind of like, yeah, I mean, that's the, he didn't, the thing is he didn't even say it in an offensive way. He was just kind of being factual about it. He was like, your talents are in bodybuilding. Your talents aren't in jujitsu. Don't spend much time with it. And when I heard that, I was just like, okay, I didn't say anything back. I just kind of let that settle a little bit. And I would think about that a lot for the next few years. It didn't make me

angry. It just kind of made me salty. And in the back of my mind, I'm like, just wait. It's not something that's driving me anymore. It's just something that i still remember and uh i like it doesn't make me mad it's just kind of like when it happens i'm gonna be like gotcha bitch you're not actually a bitch but gotcha i think uh tom brady has a really cool quote about that um when he talked about michigan when he was at michigan um they kept starting another quarterback over him the other guy was like better looking than him. The other guy like looked more like a quarterback. The other guy just, you know, remember Tom Brady like was kind of like scrawny and skinny fat.

This guy just, he looked the part, you know. And so every time that this guy was healthy, he would start over Tom Brady. But Tom Brady would win all the time. Like Michigan would win and then they would pull them back out, you know, and Michigan would win and pull them back. You know, they kept going back and forth between this guy that kept getting hurt. And I think the guy also was losing games too. And so Brady just wasn't really getting a fair shake.

And that's why he ended up going in like the seventh round. And, you know, after he won a couple of Superbowls, you ever you know you ever think of like going back to the university of michigan and being like yo like hey i told you so and he's like the best thing is i don't have to yeah you know so i think that kind of attitude is is kind of cool because and i think that's probably what will happen with you it's's like, you're not going to like call that guy up. You know what I mean? You're not going to like send him the Instagram link of you holding up. You know, but at the same time, it's just, it's like a form of redemption for you.

Something that you can kind of pursue. And that just brings me right back to Michael Jordan. Because when he, in his Hall of Fame acceptance speech, he was like, yep, high school. Yep, you. This is the guy that started over me. How did that work out? It's like, oh my gosh, dude, let it go. But that's Jordan.

Man, I mean, I can respect it. That can fuel certain people in that way but kind of like what aubrey was talking about it's i don't think it's a healthy type of fuel like you look at michael now he's super successful like ridiculously successful but i mean through watching the documentary you can tell there's some there's some stuff there that's still getting his gears going, you know? Yeah, when he's talking about Isaiah Thomas. He still doesn't like him. He still hates Isaiah Thomas.

Oh, my gosh. That handshake still pisses him off that he didn't get a handshake after that game. Yeah. Yeah, there seems to be a bunch of stuff like that where he's still... And I think he just doesn't want anybody else to ever be in consideration of being, you know, the best when there's still plenty of reasons to think of other people as the best as well. I think, you know, LeBron is still like, he's still playing, you know, so it's like, well, it's, you got to kind of like wait on that, you know, but, you know, there's a lot of players i played before michael jordan too that were great so it's you know you can't just you can't just think that you're going to say you're the greatest and then everyone's going to completely 100 agree with it although i think in his situation i think almost everyone does yeah but i i do think that people

that were around like when wilt chamberlain was around like it just kind of depends on what you're talking about like being the best you know like like wilt Chamberlain was around, like it just kind of depends on what you're talking about. Like being the best, you know, like, like Wilt Chamberlain, like no one will ever dominate a sport. No one will ever dominate a sport like Babe Ruth and no one will ever

dominate a sport the way Wilt Chamberlain did. It's like, at this point, I believe it's impossible unless like a new sport comes up where not as many people are doing it. Then maybe like one person rises up quicker than everybody else or something. But like Babe Ruth hit more home runs in the entire, than,

than, uh, all of major league baseball, like added up. If you added up each team's home runs, he hit more home runs and then every single team's, uh, home run total added together.

And, um, people like, uh, like a Wayne Gretzky or like what Will Chamberlain did, I mean, he was just completely unstoppable. Like no one just – no one had that height. No one could move like that. Kareem Abdul-Jabbar was crazy dominant.

But I do know that Jordan gets kind of the – people you know, automatically say he's the best. But, you know, what happens if LeBron finishes out strong? And what if he wins four more championships? You know, what if he gets seven? Yeah. And didn't Wilt Chamberlain, I could be way off on this, but didn't he like score over 100 points in one game? Yeah, he scored 100 points, yeah.

So, yeah, in comparison, oh, my gosh. We stopped everything when Kobe scored 50 or 60 points. That was amazing. I think Kobe had a game where he might have scored 80. Jesus, is that what it was? Oh, my gosh. That is incredible. I think Jordan went into the 70s, I believe, at one point.

Yeah, so for Wilt DeStilt to go over 100 points, that wasn't even that long ago. That's insane. We can even count to a hundred. That's why we got iPhones. Robert said is the most, you know, uh,

we talked about it, like it being the best tool for entrepreneurs and it's just an iPhone. They can count on this episode to so many youngins. It can't. There's no excuse to be a bum. Yeah. You know, you're already a cybernetic organism. You got the, we're already kind of like half computers. We got the phone right at our fingertips all the time.

You know, would you get the near link when it's out? Would you do it what is what is that it's the elon musk thing he he okay so it's like a chip like thing that they they put in your brain and it'll allow you to like interface with stuff and it's elon musk is making it initially i think right now it's going to be more for uh individuals to help like get movement back like he says that people that are paralyzed, it'll help them be able to actually walk around and stuff, but they're going to be iterations of it that are going to like integrate

more with technology and allow you to just like interface with tech seamlessly. Would you guys get the nearer link? I think I would. If, um, you know, if I knew a lot more about it,

you know, if, if, uh, it just depends on, on, guess, like what you would be getting it for. Yeah. I don't know about stuff like moving faster, how much value there is in that because things move so fast as it is. so fast as it is. However, there's a big difference between, you know, like the cars that we had when we first had cars and we didn't have paved roads versus the kind of cars that we have now, you know, and being able to drive as fast as we can and flight, you know, change things forever, how quickly you can get something on your phone, change things forever. So I mean,

being able to just like to think a thought and then have a search going on, like, I think that could really load you up with a lot of information. But there's always a lot of give and take. So like, I don't know what the repercussions of that are, or if there is any, you know, I don't know if there's, you know, like at the moment we don't believe that there's any limitation to how much you can like learn and know, but maybe there is, you know, maybe like picture that you have that link in your head at the age of five or something like that, or the age of 10, like, can you like, what would happen if your cloud was overstored or something like that?

You know, what if you had kind of a storage issue or like, I don't know how it'll work. Um, but it does sound, it does sound super interesting. Some of the stuff I saw from that on TV before about things that are similar is like, just rather than typing, you can just think it and it's, and you're now searching. I wonder how that works. And I wonder, like, you know, do you need to be – because, like, you don't want all your thoughts to be, like, searched.

You know, and then, like, who has control over this link? You know what I mean? Who has control over this thing? It could get really ugly really fast. People know your every thought, you know? Yeah, just yourself in certain situations and all of a sudden it's like, oh, hey, look, that guy's thinking about naked women. Or dudes.

I don't know if you saw the episode, but he was saying that maybe in 10 to 15 years, talking like this would be unnecessary. We just, like if you and I were in the same room, we could just communicate. That's crazy. With our mouths closed. You know, what's interesting about that too is that we always think that animals are

like inferior to us, but animals already do that. They don't need to talk to each other. You know, it's, I don't know if you guys ever heard like Joe Rogan talking about, like he had his dog out one day and I think he went to like a park or something. And then his dog saw like somebody else had a dog. They had like a pit bull or something. And his dog kind of knew like, OK, you know, don't go near that dog. But his dog didn't really care that much.

But then somebody had like a wolf like a like a purebred like a wolf and his dog just like cowered and tucked its tail and just like kind of like balled up and like hid behind him and like it would like it wouldn't move so like animals are like you know we don't like we wouldn't know that. Like if somebody if somebody had a gun and somebody was about to act really violent, you know, I wouldn't like know enough to go run behind a bush because I wouldn't sense anything weird, you know. But man, those, you know, animals are they're interesting or like the way that I think it's I'm going to say this wrong, maybe it's chimpanzees, I think. I can't remember, but they will strategically line up in a jungle and push out another group of chimpanzees. They will like, it's as if they had a conversation and they said, hey, you go over there. Andrew, go over there.

I'm going down the middle and we're just going to stay there and then we're going to move a little closer and move a little closer. We're going to drive them out, but they don't ever, they obviously don't talk, you know, they don't do anything. They don't even like do hand gestures or nothing. They just, they just go and they just do it. But maybe they already have the link. Maybe this has already all happened already. Yeah. With the way that like things go on in nature, we are inferior in some ways but uh

we're still eating everything yeah humans are the apex predator yeah yeah like we can't figure out how dolphins communicate with each other but they definitely do like it's too advanced for us to understand or something weird like that so instead we're we're just like, ah, we're just going to kill them all. It's like, give me a break. Andrew, take us on out of here, buddy. Yeah, I will. Amazing episode. Thank you, everybody, for checking out today's episode with Robert Kiyosaki.

So much value in today's episode. If you guys found one, two, three hundred gold nuggets, which I'm sure you did, please don't be stingy with those gold nuggets. Share this episode with a friend. We would sincerely appreciate that. Please make sure you're following the podcast

at MarkBell'sPowerProject on Instagram at MBPowerProject on TikTok and Twitter. We're also on Facebook, LinkedIn, a couple other different places that I can't think of right now. My Instagram is at IamAndrewZ. And if you wanted to get in touch with Nsema, how could they do that? At Nsema Yang on Instagram and YouTube and Nsema Yang on TikTok and Twitter. By the way, guys,

on my Instagram, if you go on my highlights, you're going to see this series that goes over fat loss. Just go through it, especially right now in quarantine. I need to check that out. There's people that have been messaging me that are saying that they just took up the habits that were talked about there and they've been starting to lose weight and get through their plateaus. And this is all free shit. So please just go look at it. Free shit. Free shit. I'm at Mark Smelly Bell. And I want to encourage you guys, you know, try, try something new. Don't be scared to mess with something new. I've been running. I've actually, uh, kind of shifted my running a little bit more,

a little bit more geared towards, um, sprinting. And I've been sprinting these hills over here. Um, I'm sure I look awkward as hell doing it. Um, I'm having a good time doing it. I'm running the stairs. Um, my conditioning still probably sucks, but it's gotten a lot better. And, uh, the encouraging thing about trying something new is that, um, you're so, you're so God awful at it that, uh, you know, you can see improvements, uh, very rapidly and that makes you feel better and keeps you kind of interested in it. And I did some sprints yesterday. Um, that was probably about, it's, it's probably only like this, maybe like fifth or sixth time that I've actually run these sprints specifically

the way that I did, but I'm feeling better every single time I do it every single time out. So it's, uh, it's encouraging. I want to give a shout out to Corwin56. This is a guy I read you guys some stuff from him a while back. He had a heart attack. He was really scared. And I hit him up on IG and I gave him a little bit of information and said, you know, you got to listen to your doctor. I don't, you know, I'm not a physician, but, you know, here's some recommendations. I told him, you know, to walk and gave him some just general suggestions. And he's just been kicking ass, man. He sends me updates. I gave him my phone number.

I said, Hey, we're friends now, you know, hit me up anytime you want. So he's been texting me and he's been sending messages. He's five weeks in. He has kind of started out by doing just a few a few thousand steps a day. And now he's up to about 10,000 steps a day. He lost 32 pounds. He lost 32 pounds in five weeks. You know, he lost 32 pounds in five weeks. So Corwin 56. I know you're a fan of the podcast. So thank you so much for listening. And that's awesome, man. Good job. Keep it rolling.

And he's been talking about wanting a lift, and he's got some dumbbells and stuff now and all that. So the guy's turned his life around, and I think anyone that's listening to this has an opportunity to do that any day they choose to. Strength is never a weakness. Weakness is never a strength. Catch you all later. do that any day they choose to. Strength is never a weakness. Weakness is never a strength. Catch y'all later. Thank you everybody for checking out today's episode with the one and only Robert Kiyosaki. Hope you guys found as much value in it as we did. So thank you again for checking out today's episode. Right now we wanted to thank everybody that's been rating and reviewing the

podcast on iTunes. It helps us out a ton. Real quick, a huge shout out and thank you to Eli.Champion. Eli says, life-changing. Quote, I listen to this podcast almost every day driving at work. The amount of information and motivation these guys put out is insane. My go-to podcast anytime I'm driving or have any spare time. Eli, thank you so much for that. We sincerely appreciate it. You just gave us one of the best compliments that anyone can do. So, thank you so much for that. We sincerely appreciate it. You just gave us one of the best compliments that anyone can do. So thank you so much. If you listen right now, if you'd like to hear your name and your review right on air, please head over to iTunes right now, drop us a rating and a review, and you could hear your name on air, just like our friend Eli.champion.

We'll catch you guys on the next one. Peace.