Latest / The Hannah Hammond Show / How To Stop Drifting and Start Thriving In Life | John Gafford
Transcript
- 0:00Why do we get addicted to pain? Easier to believe there's no
- 0:03solution than to take massive accountability in yourself and
- 0:07find the solution. How did you get on The
- 0:10Apprentice out of 1.8 million applicants?
- 0:12I launch into like, all of my great accolades, why I'd be the
- 0:15perfect candidate to work for Donald Trump.
- 0:17I could just see the room slipping away.
- 0:19I was losing them just rapidly. I knew I was cooked right.
- 0:22I was like, that did not go well.
- 0:23Yeah, He comes in and he goes, hey, they want to see you again.
- 0:25So hit the mini bar, walk upstairs.
- 0:27It's double doors. I kicked them as hard as I
- 0:29could. Bam.
- 0:31And they hit the wall, flung open.
- 0:32All the NBC people jump, I said. How have you built your company?
- 0:37When I bought it they've been in for 70 years and they had 42
- 0:39agents. 18 months later I built it to two offices and 200 plus
- 0:43agents. You get these top performers and
- 0:45you'd recognize them. How did you build that culture?
- 0:47I believe virtual companies great.
- 0:49Good for you. The magic in your company is the
- 0:51conversations that are happening within the hallways.
- 0:54You could tell your 25 year old self one thing when you were
- 0:56drifting. What would you say?
- 0:58Just. Welcome back to the Hannah
- 1:01Hammond Show. I am sitting here today with
- 1:03John Gafford who is a real estate entrepreneur.
- 1:06He owns one of the largest luxury real estate brokerages in
- 1:08Vegas. He was on season 3 of The
- 1:10Apprentice, chosen out of 1.8 million applicants.
- 1:14I think I read and you're an author speaker and you're about
- 1:17to release your new book that is so aligned with my mission and
- 1:20my message message to called Escaping the Drift and how to
- 1:23Build a life for you that happens for you, that you create
- 1:27by design and not settle into mediocrity.
- 1:29And this mode of just drifting through life and being
- 1:33intentional about what you want to create.
- 1:34So I'm super excited to get to know you and thanks for coming
- 1:37on the show. Yeah, Hannah, glad to be here.
- 1:38Yeah. So let's talk about your origin
- 1:42story. What?
- 1:43Before you started, I had all your success.
- 1:46Right? Now you have this thriving
- 1:47company and you were on the show.
- 1:48You got national attention. What was causing you to feel
- 1:52like you were drifting? How did that show up in your
- 1:54life before you had your success?
- 1:56Well, you know, for me, I didn't have any massive success in life
- 1:59until early 30s. You know, I had a lot of cool
- 2:01jobs. I did a lot of cool stuff, but I
- 2:03did wasn't really getting paid, wasn't building any wealth,
- 2:05wasn't doing anything. And everything that I had going
- 2:09was kind of at the control of others.
- 2:11I was an employee. I was working for their people.
- 2:13I was being transferred across the country at will a lot by a
- 2:17major corporation that I work for.
- 2:20And yeah, it just seemed like I was drifting along.
- 2:22And I think part of that comes from just sort of the way that I
- 2:27grew up child of the 80s where your parents got divorced young,
- 2:31which so many people are. That's not a not a too rare of a
- 2:34story, but kind of that hustler mentality of that when you come
- 2:38home from school, there's nobody there.
- 2:39So you kind of got to figure it out and start kind of hustling.
- 2:42And for me, that became like, how can I figure out how to get
- 2:46other people to do things for me from how can I get the neighbor
- 2:50mom to make me a peanut butter and Jelly sandwich because my
- 2:52mom's not there to how can I hustle my parents to get for
- 2:56them to both pay for the same bike part and then pocket the
- 2:59money when they're not paying attention from one of them?
- 3:01And you know, I just always had this thing that somebody's
- 3:03coming to save me. And as a kid, it was always
- 3:06like, well, my dad was always going to save me.
- 3:07There was always a safety net. And I was like John C Reilly and
- 3:10step brothers were even though I didn't go to law school, I was
- 3:12always like, well, I'll get in the family business.
- 3:14My father was like, you're not an attorney.
- 3:15Like, what are you talking about?
- 3:17But yeah, it went from my father's going to save me.
- 3:19And then in my early 20s, it manifested into girlfriends.
- 3:23It was like I would get a girlfriend and then move in with
- 3:26them inside of like, two or three months.
- 3:28And, you know, then they would be taking care of me.
- 3:31And it was just always somebody kind of taking care of me.
- 3:34And I think so many people drift through life with their their
- 3:39life being designed by the whims of others.
- 3:41And especially, you know, somebody asked me why I write
- 3:44the book now. And I feel like since COVID,
- 3:47right? I think COVID was the catalyst
- 3:49for so much in our society and so many things happened.
- 3:52But this level of apathy that has just drifted into all phases
- 3:55of people's life since then. And I use the restaurant
- 3:58business as an example. If your server don't take the
- 4:01offense to this, but like back in the day, especially in Vegas,
- 4:04we have every amazing restaurant in the world in Vegas.
- 4:06We just have we're just lucky to have that.
- 4:09And it used to be every time you went to a meal, it was like,
- 4:11man, that was just exceptional. The service was exceptional, the
- 4:14food was exceptional. And now those exceptional
- 4:17moments in restaurants tend to really stand out because
- 4:21everybody's just kind of going through the motions.
- 4:23And I find that in the real estate industry, in the retail
- 4:26industry, in the in, in, in the restaurant industry, every
- 4:29industry, there's this level of apathy that's running through
- 4:32and with AI coming and it's coming.
- 4:34I last night I was laying in bed.
- 4:35I don't know if you saw this yet.
- 4:37See the neo robot thing yet? Did you see that?
- 4:39Oh my gosh. You can buy a humanoid robot for
- 4:42your house. It'll do all your choice.
- 4:44It Yeah, it looks it's it'll, yeah.
- 4:46Shipping 2020. Early 2026.
- 4:48How much is it? 20,000 to buy or 500 bucks a
- 4:51month. Are you kidding?
- 4:52Yeah, it'll do all your laundry. It'll do all your choice.
- 4:53I mean, we're here, we're here and if you don't take control of
- 4:58the direction of your life and figure it out now, you're going
- 5:00to have a real problem. So my mission has become, you
- 5:04know, the book itself is kind of a, a user's manual to my dipshit
- 5:0727 year old self, if you will. And it's kind of, if I could go
- 5:11back in time and say just do all of this stuff, you'll be OK.
- 5:15It's not hyperbole. It's an actual playbook and step
- 5:18by step things you can do to to escape that and get to where you
- 5:22want to be. I love that.
- 5:23And it's. So it sounds like you weren't
- 5:25raised in a low income family. Your dad was an attorney.
- 5:28OK. So you had this sense of
- 5:29self-reliance and this this safety net in some way.
- 5:33Yeah. But it was a weird deal, right?
- 5:34So my parents got divorced, like I said, when I was very young.
- 5:38And I think one of the worst things you can do on this planet
- 5:42if you are a young woman with kids is divorce.
- 5:45A young, a southern attorney in a small Southern town in which
- 5:48he grew up. My father buried my mother in
- 5:51that divorce like she got. So we here we are.
- 5:54We were living in like the ritziest neighborhood of my
- 5:57small town, but we were broke. Like my dad was like, here's the
- 6:02house and I'll pay the bills and I'll keep a roof over her head.
- 6:04But my mom was scrambling and she was like essentially single
- 6:08mom. And we didn't have any money.
- 6:09So it created this weird dichotomy with us where it was
- 6:13like here, it was like at an early age, here we are trying to
- 6:17keep up with the Joneses. Like when most kids don't even
- 6:20understand, you know, where you are on the, on the social
- 6:23hierarchy as far as finances. We were very aware of where we
- 6:27were. And so it, it manifested in me
- 6:30in this weird thing where, you know, I just started.
- 6:32I, I would kind of lie about anything and everything, right?
- 6:36Just trying to justify my existence in this, in this
- 6:39network of, of teenage kids or even sub teenage kids that I, I
- 6:43assimilated into. And that was a habit that once
- 6:47you start lying to other people, then you start lying to
- 6:49yourself. And that's something that I did
- 6:52well through my 20s, you know, always told myself this story
- 6:55about myself that was not exactly true.
- 6:58And it kept me stuck in life. And and that's also where the
- 7:01book kind of starts is like really how to have radical
- 7:04honesty with yourself is where everything really begins.
- 7:07Yeah, and you have to have awareness and then be honest and
- 7:11look at yourself in the mirror and be like, am I really living
- 7:13in integrity with my values? Am I really being honest with
- 7:16myself? And if we're not, we can't
- 7:18achieve anything great in life. But usually there's like a a
- 7:21rock bottom moment or a big failure that This is why
- 7:24mediocrity is such a scary place because you're not really
- 7:27miserable, but you're not really thriving.
- 7:29You're just kind of drifting like you say.
- 7:32So what was that push that was like your, your decision, like
- 7:36I'm going to change my life. Was there was there a rock
- 7:38bottom for you that that? No, I don't have, I don't have
- 7:42the David Goggins horrible, horrible story.
- 7:44I mean, were there times in my life when I was like, I'm
- 7:47completely screwed, I don't know what I'm doing.
- 7:49Did I demolish my credit like it was an Olympic sport?
- 7:51Absolutely. Did I hide cars from the repo
- 7:54man? Yes.
- 7:55Did all of that necessarily? You know, I always figured out a
- 7:57way to figure it out. It was always I could, I could
- 8:00kind of get by to the next level.
- 8:03And, and I, there's a movie out there called 2 for the Money
- 8:07without Pacino in it, where he pays like a, a gambling services
- 8:10guy and it's got Matthew McConaughey in it.
- 8:12And they go to a, they go to a Gamblers Anonymous meeting.
- 8:15And in that meeting, and I, this is such a metaphor for my life.
- 8:18He's like talking to these gamblers Anonymous people.
- 8:20And he's like, listen, you're not addicted to gambling.
- 8:24You're addicted to losing because you're addicted to that
- 8:27right on the edge of spinning into the abyss.
- 8:29And like, like what you can do, the fact that you can always
- 8:32kind of squeeze your way out of it.
- 8:34And I live so much of my early life like that.
- 8:36So I never really felt like there was a moment where it was
- 8:38just like today is enough is enough, right?
- 8:41Like like a drug addict was like, I can't do anymore today.
- 8:44What the cattle. The biggest catalyst change for
- 8:46me was was honestly The Apprentice.
- 8:48And it's not because we were super famous for a hot 2nd or
- 8:52because all of the exposure we got from, you know, that show.
- 8:55It was the first time that I had ever been completely surrounded
- 9:00by a group of people that were all hustling at a level far
- 9:03beyond me. And it forced me to look in the
- 9:06mirror very quickly, like, OK, you know, I'm very honest with
- 9:10this is part of it's a little ego maybe, but it's an honest
- 9:13statement, which I looked around and I was like, OK, I'm probably
- 9:16one of the smartest people here. My, my, my, I'm probably top
- 9:21five brains power. But I was probably because I
- 9:24hustled my way to get on that show.
- 9:26I was probably in the bottom percentile of overall net worth
- 9:30at the time. And it forced me to look around
- 9:32like, dude, you are underachieving, what are you
- 9:35doing? So it wasn't really a rock
- 9:37bottom moment, more like a more like an awakening that I had.
- 9:40Yeah, yeah. And that's why it's so important
- 9:42to be surround yourself around people that are are better than
- 9:46you, right, That you can look up to and that they can pull you in
- 9:48that direction and cause you to wake up.
- 9:50And that's something that because we only know what we
- 9:53know and nothing more. So if we're around people who
- 9:55are below us always, then we're like, oh, we're doing really
- 9:58good. But then as you get into bigger
- 10:00and bigger rooms, you're like, I'm not doing shit to, you know,
- 10:02compared to some people, right? And so that's cool that you had
- 10:05that awareness. And how did you get on The
- 10:07Apprentice out of 1.8 million applicants?
- 10:10So yeah, funny story evaluating risk and take it in real time as
- 10:15I like to say it in a keynote that I'm giving right now
- 10:17currently. But so my sister wanted to try
- 10:20out. I didn't want to.
- 10:21I didn't want to go. We went to an open call in
- 10:23Jacksonville and then through that process, I just kept
- 10:26calling, kept calling, kept calling.
- 10:28And I told myself if I just get to the top 50 right, which was
- 10:32the finals, because of the top 50 of casting, I'll call it a
- 10:36win. So they call me and say, cool,
- 10:38you made the top 50. We want you to come to
- 10:40California and for the finals week.
- 10:43And they said, OK. So we went to we're at the
- 10:45Embassy Suite in Santa Monica, and they put all of us up in
- 10:47individual rooms. You weren't allowed to talk to
- 10:49anybody. You could not leave your room.
- 10:51You were like locked in and was like jail.
- 10:52They let you out for like the pool and the gym and to go to
- 10:55meals. And that was it.
- 10:55So when you went to the restaurant, there were 50
- 10:57tables, all one tops because we couldn't talk.
- 11:00Because they want the first time that the real cast to meet to be
- 11:03on camera. And right now, they're just
- 11:04trying to figure who's going to be there.
- 11:06So you're taking IQ tests and sitting with, you know, a
- 11:08psychologist and doing all the stuff and doing these
- 11:10interviews. And as the week's going on, I
- 11:13start to notice less and less people at dinner.
- 11:15I'm like, they're sending people home right as it goes along.
- 11:19So it comes up to the point where they're like, OK, you're
- 11:21going to meet Mark Burnett today, who was the executive
- 11:23producer of the show. So I put on my best suit.
- 11:25And I go upstairs, and there's big double doors in, like, one
- 11:27of those conference room rooms. And I walk in, and he's sitting
- 11:30there on the couch. And there's like 15 NBC brass
- 11:33behind them, all NBC executives, and he's eating M&M's.
- 11:36And I walk in. How you doing, Mr. Burnett?
- 11:38My name is John Gafford. And I stick my hand out and he
- 11:40takes looks at my hand, takes an M&M out of the bag and drops an
- 11:43M&M in my hand. I'm like, all right.
- 11:45So I launch into like, all of my great accolades.
- 11:48And I was totally embellishing on most of them and why I'd be
- 11:51the perfect candidate to work for Donald Trump and all the
- 11:53stuff and blah, blah, blah. And the whole time, like, I
- 11:55could just see the room slipping away.
- 11:57I was losing them just rapidly. And I was like, man, this is not
- 12:01going well. And you know, Burnett was like,
- 12:03oh, I hear your girlfriend's going to dump you or something
- 12:05random or whatever. And I was like, huh.
- 12:07But it just, it went terribly. And when I left that room, I
- 12:10knew I was cooked, right? I was like, that did not go
- 12:12well. So I go back and I'm literally
- 12:14packing my stuff because I know what's coming.
- 12:16I've seen it happen all week. So I'm packing my bags and APA
- 12:20comes in and he goes, hey, they want to see you again.
- 12:23And I said, OK, this time I'm doing, I'm doing a little
- 12:25different. I said, give me a minute.
- 12:27I need to hit the mini bar. So I hit the mini bar.
- 12:30I walk upstairs, there's double doors.
- 12:31I kicked them as hard as I could.
- 12:33Bam. And they hit the wall, flung
- 12:35open. All the NBC people jumped.
- 12:37Brunette kind of looked up at me.
- 12:39And I said, buddy, before you say one more word about your
- 12:42little why I should be on your goofy little television show,
- 12:45just know this. When you make an investment in
- 12:47me, you get back 100 times the investment.
- 12:50And I pulled a bag of M&M's and I'd taken out of the mini bar.
- 12:52I threw them in his face and I walked out of the room.
- 12:54Oh my God. And that's how I got on the
- 12:57show. And it was just, and, and that
- 12:58again, like that's, that's part of it's one of the chapters in
- 13:00the book is how to evaluate risk.
- 13:02And if you look at that situation, it's like, what's the
- 13:05downside 0 right. I mean, well, here's the two
- 13:08lessons from that, that you can take their own book.
- 13:10First of risk, risk evaluation. What's the risk zero?
- 13:13I knew I was cooked. What's the upside?
- 13:15If I go balls out and create one ridiculous moment I could get, I
- 13:19could be on the show. Because part of what makes you
- 13:23successful in any situation is creating value for others.
- 13:27And when I went up there the first time and I started
- 13:31spouting all my resume, I was walking resume guy.
- 13:34They weren't hiring anybody. It's not what they were doing.
- 13:36They were casting. So what they needed was somebody
- 13:39that was potentially going to get some ratings and maybe do
- 13:41something crazy on television. So I went back up there and I
- 13:44said, I'm going to give you value by creating my little M&M
- 13:48rebellion, which is going to maybe show you that I can be a
- 13:50ratings goldmine for you, which is exactly coming up.
- 13:53What happened? That's fascinating.
- 13:55That's and were you like, were you actually angry and pissed
- 13:59off or were you just strategic about?
- 14:02It was strategic. It was strategic.
- 14:03It was, it was, let me make a moment that's going to show
- 14:06these people I can be good TV. That's awesome.
- 14:09Yeah. And did you have any TV
- 14:10experience before then? No, none.
- 14:13No TV at all. And you?
- 14:15Did you have a dream of being on TV?
- 14:16No, no, like, like, no. Then again, I think everybody
- 14:20back then was a little enamored with the idea of it.
- 14:22I mean, you know, kids today, they think and they're like,
- 14:24what? Dude, just get on YouTube, turn
- 14:26on Instagram. That didn't exist, right?
- 14:28And so, yeah, it was a huge deal to be on TV at the time.
- 14:32And when it came off, I'll tell you another funny story about
- 14:35that's one of my life lessons. And like people have, I love
- 14:40people in their offices that have trophies like here's my
- 14:43plaque from winning this and sales of the year and all these
- 14:46awards. Like I'm like a serial killer to
- 14:48my own finances where I have like trophies of failure all
- 14:52over my office, right? Like I have $100,000 bottle of
- 14:55vitamins that I talk about in the book.
- 14:57And one of my favorite trophies is after The Apprentice.
- 15:00I got a call and it was for it was it was a casting director in
- 15:04New York. And they said David Flibat,
- 15:06who's a dude that wrote all these super big hit sitcoms for
- 15:10NBC, like Will and Grace and a bunch of other ones that he that
- 15:13he wrote David loves you. He's seen you, he's watched you
- 15:16every week. He thinks you're great.
- 15:17He wants to fly you to New York. He wants you to read for his new
- 15:21pilot. And I'm like, but like, I'm not
- 15:24an actor. It's not what I do.
- 15:26And they, they were like, whatever.
- 15:27So I called my buddy and he's like, dude, you have to do it.
- 15:29Yes, that's that's legit. They're going to fly you up.
- 15:31Go do it. So I'm like, OK, I'll do it.
- 15:33So they FedEx me down the script and I get the script and it's
- 15:37called goodies place and I open it up and I get to like Page 3
- 15:41and it says in walks goody Valletta.
- 15:43And then there's the description of the character.
- 15:44Now keep in mind they wanted me to read for the lead of this
- 15:46thing, this guy goody Valletta. And it says the best of my
- 15:49recollection. It says in walks goody Valletta
- 15:53mid 30s kind of doughy boyish charm, but by no means man
- 16:00candy. And I was like, oh, and dude,
- 16:02this is like 20. I mean I was fit and looked
- 16:04great 20 years ago. I was like, bro, this is a
- 16:06terrible like this can't be me, right?
- 16:09I'm like, Oh my God, it was like the biggest ego crush ever.
- 16:12And then like 7 pages later in walks his cousin and it says
- 16:16loud, brash, tall think Vince Vaughn from swingers.
- 16:19And back then, if I had a nickel for every time I got compared to
- 16:22Vince Vaughn, I I wouldn't be here today.
- 16:23I'd just be still sending a bottle of money.
- 16:26But so I'm like, OK, I see what's happened.
- 16:28So I fly to New York and I go to this casting meeting in this big
- 16:31building in New York. And I walk in and there's a
- 16:33there's somebody sitting behind the camera and there's a casting
- 16:35director there with her, her pad or notes.
- 16:37And I walk in and I go, hi, how you doing?
- 16:39I'm John Gafford. She's like, oh, great, how are
- 16:40you? And I'm like, I think there's
- 16:42been a mistake. And she was like, I'm sorry.
- 16:45I was like, yeah, you know, you guys sent me this and you, you
- 16:48said you wanted me to read for this, but I think what you meant
- 16:50was this. So that's what I prepared.
- 16:52And I'll never forget to look on like the dude from the camera.
- 16:55It was like that South Park clip where the camera man's just like
- 16:57this from behind the camera and like, looks at you real slow
- 17:00motion. And then she goes, you can read
- 17:04for whatever you want. And I was like, oh, no, oh, no,
- 17:07no, no. I've just blown this before it
- 17:08even started. And sure enough, I never got a
- 17:10call back from that. And thank God they didn't make
- 17:13it. So I have to watch Nick
- 17:14Seinfeld. But the lesson of that story.
- 17:16And I called my buddy and told him what happened.
- 17:18He was like, bro, those lessons are just, those descriptions are
- 17:22just placeholders. They don't mean anything.
- 17:24They weren't looking for a fat dude.
- 17:26They wanted you. Just whoever.
- 17:27When he wrote that originally, that's just what he wrote in.
- 17:30But he saw you in that part. And I was like, Oh my gosh, I
- 17:32totally screwed it up. So the lesson of that is never
- 17:35assume you know what people want.
- 17:37Like you've got to go through life doing that.
- 17:39And, and again, I think if it like stories like that and
- 17:42learning the lessons of hyperbole, that's kind of how I
- 17:44wrote this book. It's not filled with it's not
- 17:47filled with a bunch of flexes of how successful I've been.
- 17:51More of more of it is, well, here's this disaster and here's
- 17:55what I learned. So you don't have to go through
- 17:56this or if you're living this disaster currently, this is how
- 18:00I got out of. It right.
- 18:01So what are some of the tactical things that people can do to
- 18:05aware that they be have the awareness that they are drifting
- 18:07and then start to transform their life and be living on
- 18:10purpose? Yeah, well, the first thing in
- 18:11the book we have is like a drift audit where it asks you like 10
- 18:14questions and says how where are you with these questions?
- 18:17You know, like, is everyday Groundhog Day?
- 18:19Do you feel like every day is the same?
- 18:20Are you constantly waiting for the right time to do something,
- 18:22but it never seems to be the right time.
- 18:24So in that first part of, of having radical honesty of
- 18:28deciding where you are and figuring out where you are,
- 18:31you're going to go through that audit and then you're going to
- 18:33figure out the next step is then figuring out where you who you
- 18:36want to be by really describing that life.
- 18:39And it helps you walk you through how to get that
- 18:41description of the, of the person you want to be.
- 18:44And that becomes your North Star.
- 18:45And then from that North Star, then we start to price out what
- 18:48it's going to cost and how it's how we're going to get you
- 18:50there. And then that we're going to
- 18:51build a plan that's going to get you there with actionable steps
- 18:55that are converted through KPISI know I saw in your bio how much
- 18:57you'll have KPIs, but actionable steps every single day to get
- 19:00you there. Because anybody ask me like at
- 19:02our real estate company, top performers, what makes a top
- 19:05performer in real estate? It's very simple.
- 19:06It's clarity of goal, specificity of plan and
- 19:09consistency of execution. Those three things all day long.
- 19:13Every top performer has those three, those three things.
- 19:15And you can use those same philosophies to anything you
- 19:19want to do in life. You want to get more fit, use
- 19:21the same philosophies. You want to be a better dad, use
- 19:23the same philosophies. Want to be a better spouse?
- 19:25Same philosophies. So that's what I'm trying to
- 19:27impart here. Yeah, I love that.
- 19:29Did you ever struggle with any like anxiety or depression or
- 19:34anything like that in your life or?
- 19:36Yeah, that's in the book too. So I have or I have been the
- 19:39victim of seasonal depression, I guess they call it where for
- 19:42some reason, like my wife calls it the funk is what we've
- 19:44decided to name it. You know, you give something a
- 19:47name, you give it power. But that's fine.
- 19:49You can also D power it if once you give it name power.
- 19:51But yeah, so I, I suffered 3 times where for whatever reason,
- 19:54I'll just get that melancholy feeling maybe once a year or so.
- 19:57And I talk about how I get through that.
- 19:59And and for me, it's about just accomplishing one thing.
- 20:04If I can just get one thing checked off my To Do List, even
- 20:08if it's the easiest thing to get done, you start with one thing
- 20:11and that starts to build momentum.
- 20:12And I find when I do that and I do it.
- 20:15You know, not just consciously or not just with intention, but
- 20:19with the assistance of my wife who's like, all right, we're
- 20:22doing, what are you doing today? Now we're doing two things
- 20:25today. And I find that what used to
- 20:26take a couple of weeks to snap me out of it, now I can snap out
- 20:30of it pretty quick. And I feel it coming on when it
- 20:33comes on. Yeah, something I'm talking
- 20:35about in the book, the book that I'm writing right now, which I
- 20:38haven't actually announced, but I'm writing a book right now.
- 20:41Welcome. To the club, yeah, I'm super
- 20:43excited. But it's, it's that, yeah, the,
- 20:49the Green Zone, living in the Green Zone.
- 20:50So living in a state of flow versus force, right?
- 20:53And creating life versus resisting life.
- 20:55And so one of the things that my, my first coach I ever hired
- 20:58when I was 25 taught me was doing energy audits, kind of
- 21:02just like you're saying, is being aware of the energy that
- 21:04the energetic state that you're in while you're doing the
- 21:08different activities that you're doing and around different
- 21:10people in your life. So you can start to have
- 21:11awareness of the things that fuel you and lift you up and
- 21:14keep you in a peak energetic state, in a state of flow versus
- 21:17the things that bring you down and suck the life out of you.
- 21:20And so I just totally lost my train of thought of what you
- 21:24were just talking about as I was talking.
- 21:25About that, well, let's talk about that what you just said.
- 21:28But because so often people don't realize, especially in the
- 21:32modern age with the phone in front of your face and the
- 21:35constant just feeding and the fact that those algorithms are
- 21:39designed to put you in an echo chamber.
- 21:41So you start liking the wrong stuff, you start interacting
- 21:44with the wrong stuff, you're going to get more and more and
- 21:46more of it. And, you know, people are so
- 21:49concerned with what goes in their mouth to be fit, right?
- 21:52But they're not nearly as concerned about what's going in
- 21:55their head because that has such an impact on you with the amount
- 22:00of energy you have, the amount of intention you have, the
- 22:02amount of excitement you have that just the fact that you're
- 22:05here today. Yeah.
- 22:06Right, I remember so the, the study showed that that my coach
- 22:10taught me, he said when you're in the state of flow, you're
- 22:12five times more productive than someone who's not in the state
- 22:16of flow. So you could work, you know, one
- 22:18hour and get 5 hours worth of work done versus somebody else.
- 22:21And he said the outcome can only be as great as the energetic
- 22:24state in which you initiate the action.
- 22:27And so he helped me see that a mission of mine and life and of
- 22:30core value of mine in life is to live in the Green Zone in the
- 22:33state of flow 90% of the time. Because if you die at the end of
- 22:37your life and you're wondering, do I have any regrets?
- 22:40And you can honestly say I lived in the state of flow 90% of the
- 22:44time. 10% is there's tragedies in life and failure and sickness
- 22:47and loss and all these things. But 90s in a right like it's a,
- 22:50it's as pretty much as good as you can.
- 22:52Get as good as you. Would get yeah and so I made it
- 22:54my mission to be able to master my energy, master my energetic
- 22:59state so I could truly live in the Green Zone 90% of the time
- 23:02because I'm results drip. I want to be happy, I want to be
- 23:04healthy, I want to be free, I want to be wealthy and all these
- 23:07things and so now my mission like when I get in a anxious or
- 23:11depressive state, I immediately go back to 90% in the Green
- 23:15Zone. This is creating negative
- 23:16results in my life. This isn't serving me or anybody
- 23:19else. And so it's how quickly can I
- 23:22get myself back to the Green Zone when something knocks me
- 23:25out of flow. And so that's what I've mastered
- 23:27now is when something tragic happens or something stressful
- 23:30happens or whatever happens that brings me back, I can
- 23:33immediately recognize that awareness and not drag out that
- 23:36state of, you know, not flow, right?
- 23:39Resistance, fear, anger, rage, depression, boredom, all of
- 23:43those negative low frequency states because it directly
- 23:46impacts everything in my life. And I think so many people, they
- 23:49get, like you said, they get addicted to the pain.
- 23:52And it's why, like, why do we, why do we get addicted to pain?
- 23:56Well, I'll tell you a funny story about that kind of
- 23:58rounding what your what your thought was, was I got a book
- 24:01review, right. And when you write a book to a
- 24:03publisher, it goes out to the there's like reviews for the
- 24:07people that buy books, right. And the person I got a call from
- 24:11my publicist, she's like, oh, so we got a, we got a review coming
- 24:13in tomorrow from Publishers Weekly.
- 24:15I'm like, great. And I read it and it was not
- 24:18complimentary. And I was like, man, that is
- 24:22ruthless. Stay with me.
- 24:22I'm not saying my book sucks. Stay with me.
- 24:24There's a point to this, but I, so I read it and I went to sleep
- 24:27and it bummed me out. I woke up the next morning and I
- 24:29read it again and I, and I was like, Oh my God, I love this
- 24:32review. I love it.
- 24:34I'm going to tell you why, because obviously it was written
- 24:36by one person who has an opinion and has sees the world through a
- 24:39certain lens. And what they said was they said
- 24:43that my advice that can come off occasionally as trite because I
- 24:48refuse to acknowledge the myriad systematic issues and I present
- 24:54all problems as solvable, meaning I refuse to believe that
- 24:59there's this the boogeyman, There's, there's outside forces
- 25:01that you have no control over that cause your problems.
- 25:04And I was like, you're damn right.
- 25:06I think that way. Like, I don't sit here and say,
- 25:08when my seasonal depression comes up, well, you know, it's,
- 25:12it's just part of my molecular makeup, but it's how it happens.
- 25:15I choose to take a situation that is physiologically inside
- 25:19of me. Like I can't control that.
- 25:21I, I have no control, but I do control how I react to it and
- 25:26how I manage myself out of it. I do have control that.
- 25:29So yes, I do believe every problem has a solution that's
- 25:32within you. And I think the reason that
- 25:33people would get addicted to pain to answer your question is
- 25:36it's easier to believe there's no solution than to take massive
- 25:41accountability in yourself and find the solution.
- 25:44That's exactly how I see things in the world.
- 25:46It's like, and all of the most successful people I've ever met
- 25:49in life, they have an internal locus of control.
- 25:52They take full responsibility for every single outcome in
- 25:55their life, regardless of the environment around them that
- 25:57they can't control, right? The people around the
- 25:59environment around the world, you have some control over that,
- 26:01but you know, you can't control where you were born or what
- 26:03country you were born into or what family you were born into.
- 26:06Like there's certain things like that, but you choose how you
- 26:09react and you choose how to take even the most painful things and
- 26:13how you react to those things and how you use those to turn
- 26:16them into something beautiful and something powerful.
- 26:18And so I do believe, and somebody could say, like that
- 26:20guy would probably say, well, what about somebody that's, you
- 26:23know, born with no arms or no legs?
- 26:24Well, look at the speaker who has no arms and no legs.
- 26:27And he, even though he couldn't control that, he controlled what
- 26:30he did with that and he created something beautiful and he's
- 26:33positively impacting the universe.
- 26:35And he chose to take accountability for how he was
- 26:37going to show up. And he could have just been, he
- 26:39could have just been depressed or suicidal or miserable, right.
- 26:43And so I think regardless the situation, yeah, some of us get
- 26:46handed better cards than others, but it's how we show up and how
- 26:49we react. And we, I think the more pain we
- 26:51have or the more chaos we have in our world, the more we have
- 26:56the ability to grow into our highest potential because we
- 26:59really can understand pleasure and pain and fear and greed and
- 27:03all of these things. Whereas someone who doesn't
- 27:05necessarily go through any of those things, they, you know,
- 27:09they, they may not have the full scope of the real challenges
- 27:12that people have, right? And, but I, I, I don't think
- 27:16it's about like comparing situations, right?
- 27:19And people always want to play the victim.
- 27:21And that leaves you stuck in a low energetic state.
- 27:23And that leaves you stuck, drifting and just surviving
- 27:25through life and then letting life happen to you, which is a
- 27:28miserable way to live. Yeah, well, well, much like,
- 27:30much like you with the podcast, I've been doing my my podcast
- 27:33for four years and I have had people sit in my studio with,
- 27:38you know, just wild tales of unbelievable success.
- 27:42And yes, the starting line is different for everybody.
- 27:44But these people, their starting line wasn't even on the track.
- 27:47It wasn't, it wasn't even in the country, right.
- 27:50I mean, coming over here as a refugee, not speaking English at
- 27:5321 years old to owning 1000 doors, I mean, that's wild,
- 27:58right? So yeah, I do believe that any
- 28:00problem is solvable. And I do believe with radical
- 28:02self accountability and belief in yourself, you can't solve all
- 28:04your problems because I've seen so many stories of that
- 28:07happening consistently. And if you're drifting along, if
- 28:12you're somebody that feels like every day is Groundhog Day,
- 28:16every day is the same. I mean, again, that's why the
- 28:18book is for you. But the first step is, as I say,
- 28:21you got to stop pointing the fingers, start pulling the
- 28:22thumb. In any situation in your life
- 28:24that's not going the way that's not going the way that you want
- 28:28it to go. The very first question you
- 28:31should always ask yourself is what did I do in this situation?
- 28:35What did I do to contribute to this?
- 28:37How did that happen? You know, like we both own real
- 28:39estate companies and when somebody wants to leave our
- 28:43company, which happens, agents come, they go, which is it's,
- 28:47it's nature of the beast when somebody wants to leave our
- 28:49company. I am really interested in the
- 28:53why I don't try to stop anybody from leaving our company ever.
- 28:56Like I, it's like to me that's like, if, if your girlfriend's
- 29:00breaking up with you and you're like, please, so go, I'm not
- 29:02going to do that, right? I, I'm always like, hey, man,
- 29:05you know, if it's not as green as grass isn't green, you can
- 29:08always come back. And I always want to leave that
- 29:09door open. But I'm very concerned with not
- 29:12what was wrong with our company, but what's so alluring about
- 29:15this thing, this opportunity that you have to go somewhere
- 29:17else. And then I always take that
- 29:19information and I always spin it back through our leadership
- 29:22group and say, hey, is this something we're missing?
- 29:25Is this something we should be doing better?
- 29:27And I'll give you an example of that.
- 29:29You know, I recently and ChatGPT is miraculous for this.
- 29:32Oh my God, it's great with this. I recently had a guy leave and
- 29:36then I ran through what he said and it obviously it knows me.
- 29:40So it knows everything we do to recognize all of our people.
- 29:43And it said, and because of the way that our business is built
- 29:46and the way that we built our business by design, which is
- 29:50really only focused on hiring successful agents, we don't hire
- 29:53new agents at all. And I'm a new agent training
- 29:54program and I'm any of that. It said, you guys are so focused
- 29:58on celebrating success that occasionally you forget that
- 30:02everybody's still trying to get better.
- 30:05And so you need to do a better job of, even though they're
- 30:08already successful, helping them become even more successful.
- 30:12And it was like, wow, OK, cool. And so, you know, we reached out
- 30:16to some of our top, top performers and we were like,
- 30:18hey, is there anything that you would want to learn?
- 30:21Like, you're making 1,000,000 bucks a year, you know, selling
- 30:23real estate, but what do you want to learn?
- 30:25And the answers were crazy. It was stuff that I would just
- 30:28assume that some of these people already knew how to do.
- 30:30And it was like, oh, we can put together circles and we can do
- 30:33this, like little masterminds. They were like, yeah, I would
- 30:35love that. And like, all of a sudden it
- 30:36went from people I couldn't drag to a happy hour because they
- 30:39don't care. They'd rather be home with their
- 30:40family are now like, I'll go anywhere to learn that.
- 30:44Right. Yeah, that's powerful.
- 30:46Yeah, you just got to be honest with where you are.
- 30:47Yeah. And we everything, the people
- 30:49that we attract, like whether we think we are or we think we
- 30:53aren't, we are creating every outcome in our life.
- 30:56We are attracting the people in our lives, the outcomes in our
- 30:58lives and people to say, you know what's happening to me.
- 31:01But no, they're still creating it one way or another, whether
- 31:03it's something good or something bad.
- 31:04So you might as well choose to take full ownership of
- 31:07everything and, and over the things that you control and
- 31:11create more those good outcomes in your life and continuously
- 31:13improve. Like that's one of my core
- 31:14values is continuous improvement, continuous growth,
- 31:17continuous learning. Every single day I learn
- 31:18something new and I teach something that I've learned and
- 31:21it's so critical and important and just always pushing that
- 31:24needle even with the top performers.
- 31:25And so that's cool that you said that because I think about that
- 31:27too is like, well, you know what, what are the top people?
- 31:30What can I bring value to the top people who are already
- 31:32performing well? But you'd be surprised.
- 31:34Well. You get to a point.
- 31:36I mean, our company is not to brag.
- 31:38Well, I'm going to brag about my company.
- 31:39It's awesome. So we have 550 agents.
- 31:42We have the highest average sales price of any large company
- 31:44in Vegas. We sell more homes or over
- 31:461,000,000 bucks than any other firm.
- 31:48And it it we have a great firm with we have probably more 7
- 31:52figure owners than any other real estate brokerage in Nevada
- 31:54I would guess. And it's just a great, great
- 31:57firm and one of the things that makes a craft.
- 32:01I've got my train of thought I thought versus bragging.
- 32:03What were you talking about? Yeah, yeah, you're talking
- 32:05about, oh, the top performers and how they what they could
- 32:08learn to get better. We just got that and I skipped
- 32:10anyway. I forgot what I was going to say
- 32:11about Simply Vegas, but I forgot.
- 32:13Gosh, I forgot what I was going to say.
- 32:14It was going to be epic, but I started naming stats and I got
- 32:17it early in the morning today. Sorry, I know that's exactly
- 32:19what happened to me. I got that, yeah.
- 32:22It'll come back to me in a minute.
- 32:23But it's like, what? What?
- 32:25You'd be surprised of what the most successful people still
- 32:27want to learn or have to learn. Yeah, you know, always learning
- 32:30stuff, always getting better is what it is.
- 32:33You know, we're constantly improving our tech stack as you
- 32:35have and it's crazy how fast things are changing like in the
- 32:39real estate space in the last in the last 70 days has been
- 32:44insanity with some of the things that have happened with Zillow
- 32:48integrating into ChatGPT with you know the search volume now
- 32:52Google searches is now down 30% to the search engines.
- 32:56Wait what? Is Zillow integrating with
- 32:58ChatGPT? I haven't.
- 32:58Heard of that? Oh yeah, Zillow is now
- 33:00integrates directly with ChatGPT.
- 33:02And how does what does that mean?
- 33:03So here's what's happening now. So where it was before where
- 33:08like if say you were trying to sell your house, you would go in
- 33:12and you would say something like on, on the sales, on the, on the
- 33:14listing side, you would say something like you would search
- 33:17for the best agents in, in, in Vegas on Google.
- 33:19And it would pop up people that bought ads and you can see their
- 33:22Google, Google reviews their, their business pages.
- 33:24You can see all of that stuff. Now people are just going to
- 33:27ChatGPT and saying who's the best realtor in Scottsdale?
- 33:31And then it spits an answer out. And so many people don't realize
- 33:36that ChatGPT, grok, all of those things.
- 33:38A lot of times that information is not being based on anything
- 33:41that's real. They're just indexing.
- 33:44They're just indexing what you feed it from the Internet.
- 33:46So literally, you could start a web page or there's ways to do
- 33:49it and forget SEO. You need to be all about AEO
- 33:52right now. But making sure that what you're
- 33:54feeding the the bots is coming back is good because people are
- 33:58taking that as gospel and they're just making those calls.
- 34:01So making sure that you show up there, but with Zillow on now
- 34:06integrating with ChatGPT, things like a it's not good.
- 34:09I think they're going to have a massive problem because Zillow
- 34:13was allowed to use our data as agents to display on their site.
- 34:18They've now done a financial deal where that data is not
- 34:21going to a third party and we don't, we never agreed to send
- 34:23it to ChatGPT. So now they can use that because
- 34:26what they're trying to do is make real estate conversational.
- 34:29Hey ChatGPT, I'm thinking of buying a new house in Vegas.
- 34:33I like to go to the gym, I like to go to the park.
- 34:34What area should I be in? Well, based on what you're
- 34:37saying, blah, blah, blah, it should be this.
- 34:38I'm just pulling that data from Zillow.
- 34:40So I think we'd need 3 bedrooms, 2 baths.
- 34:42Is there anything available? And it would pull the listings
- 34:44directly from Zillow. But more to the point, what it's
- 34:47done is it's changed the way that you've got to think about
- 34:51everything in real estate. For example, listing
- 34:53descriptions like before, it was like, you know, magnificent,
- 34:57glorious, you know, epic. You know, it was every adjective
- 35:01you could think of in your listing description because you
- 35:03were just trying to flex on this luxury house right now.
- 35:07You've got to write that in a way that's conversational and
- 35:10very easy to index by the bots. Because if somebody says like
- 35:14I'm looking for a home with, you know, the best home automation,
- 35:18instead of saying control for home automation, you have to say
- 35:20this house has the best home automation.
- 35:23You've got to say that because you've got to start thinking
- 35:26like the consumer is using a conversational AI to shop for
- 35:30things. So it just changes how we do
- 35:32everything. And now, you know, being on
- 35:37being on Google is going to become less important.
- 35:39Google, like if your business is based on Google Adwords, which
- 35:42mine has been for years, right? For probably 20 years we've
- 35:46heavy Google Adwords that is shrinking because it's going to
- 35:50the pots. Have you seen a reduction in?
- 35:53Like 30%, yeah, I've seen it. Like, like for example, this
- 35:56month my spend on Google was probably 3 grand light.
- 36:00Like I'm trying to spend more money and it was $3000 less than
- 36:04I would have normally spent this month alone.
- 36:06So, you know, we're using other, you know, advanced things that
- 36:10we can do geofencing, which I love to do, hyper targeted stuff
- 36:14with display ads to fish where people are fishing, other ways,
- 36:17there's other ways to get around it.
- 36:18But yeah, the world is changing fast.
- 36:20Are you worried about AI disrupting the real estate
- 36:23industry from the broker's standpoint?
- 36:25No, I'm not. I, I think the way I think the
- 36:28lead capture side is, is harder. Obviously it's going to be
- 36:32harder to capture the consumer. There's other ways that we're
- 36:35doing that now, and smart brokerages are leaning into that
- 36:38by offering better tech and smart tech in a way that's
- 36:42different for people. We're constantly adding to our
- 36:45tech stack. But again, for the same reason
- 36:48that Expedia, Expedia, like, killed travel agents, right?
- 36:51And they've been saying that we're going to get killed by
- 36:53Zillow. We're going to kill by portals,
- 36:55we're going to kill by everything for 20 years.
- 36:57That's what they've been saying. Here's the difference.
- 36:59I don't need somebody to hold my hand to tell me it's OK to buy
- 37:05to book a trip to New York, but most people need a trusted
- 37:09advisor to tell them this is OK when making the largest single
- 37:14transaction of their life, and that's not going to change.
- 37:18I agree, and I think the same thing is like AI is a tool to
- 37:21help you grow and help you be more efficient and help you
- 37:23serve your clients better. But at the end of the day, life
- 37:27is relationships, it's people, it's connections.
- 37:29Like what are we all going to just live at home and have our
- 37:32AI bots do everything? We never talked to a single
- 37:34person ever again. Like that's a miserable place
- 37:36and we would all be so depressed.
- 37:37We would go nowhere in life and we'd be so isolated.
- 37:39So I, I agree 100%. It's like, how do you use it as
- 37:42a tool to provide more value and help you lever up and help you
- 37:46focus on the one thing that you do best and let AI handle the
- 37:50rest, right. And so it'll take AI can take
- 37:53some of the people team away from it from certain tasks, of
- 37:56course, but I don't think it's going to take the whole industry
- 37:59away of like, you know, no, no more people want to work with
- 38:02real estate. Brokers, Well, you have to look
- 38:03at it this way too. Like if you look at like AI
- 38:06starts with logic and is trying to get to emotion.
- 38:09Humans start with emotion and try to get logical.
- 38:11So there's this, the easiest way to describe it.
- 38:13It's like Star Trek, right? It's like Kirk and Spock having
- 38:15a conversation in the heat of a moment.
- 38:18Spock's like, here's the facts. Kirk's like, but no, they're
- 38:20going to kill us. Whatever.
- 38:21I don't know, my bad, Captain Kirk impression.
- 38:24But that's the problem is there's still always going to be
- 38:26that disconnect. And I don't know how quickly
- 38:27that gap is going to close. Yeah, yeah.
- 38:30Everything takes time and people, people are hard to
- 38:34change their habits or their way of thinking.
- 38:36And it just takes a long time. And especially, you know,
- 38:39there's going to be a lot of non adopters and then those are
- 38:41going to eventually phase out and then the next generation
- 38:43will all be born into automatic adopters and it'll continue to
- 38:47evolve. I mean, if AI doesn't take us
- 38:50out, you know, if we're still still around.
- 38:52Yeah, that's, I got to tell you, as I was sitting there having
- 38:54the like, literally, I was like talking to my wife last night
- 38:58about that Neo bot. I'm like, Ditto, clean your
- 39:00whole house. It'll take 24 hours to charge
- 39:02yourself up. But I'm like, I just don't know
- 39:04how I'm going to feel about the first time I turn around and the
- 39:06things just like standing in your room.
- 39:09Yeah. Why?
- 39:10Like, what do you like? That would just be weird.
- 39:13Yeah, just weird, right? I watch too much Black Mirror.
- 39:16Yeah, I know that's. What I'm?
- 39:18Yeah, that's what I was thinking of.
- 39:21So, So shifting gears into how you built such a successful real
- 39:26estate brokerage. I mean, I, so I own a real
- 39:28estate brokerage in Arizona also very, very small firm, but I've
- 39:31been doing that for, you know, 11 years before I got into
- 39:34finance. Now I have a finance firm that's
- 39:36a national company. I wanted to build a company I
- 39:38could scale nationally and so with a real estate brokerage, I
- 39:41see how hard it is. And in a mortgage brokerage too,
- 39:45it's the same concept, very hard to recruit and retain good
- 39:47talent. So how have you built your
- 39:50company to, you know, what did that journey look like from you
- 39:53from a bootstrap start? Were you a bootstrap startup and
- 39:56you just, you know, built over time?
- 39:58So yeah, so the story goes, I many, many moons ago, when I
- 40:03first moved to Vegas, we worked for a brokerage in Vegas.
- 40:08And they had two offices, one-on-one in the Green Valley
- 40:11side of town and one in the summer side of town, which most
- 40:13companies in Vegas. That's how it works.
- 40:15I was #1 very quickly through my team at the, at the, at the
- 40:19Green Valley brokerage. And my partner now was number
- 40:22one in Summerlin. And that broker decided to move
- 40:26our office and rebrand to another brand that we didn't
- 40:30care about. And he took me to his office and
- 40:32he was like, it took me to our new office and was like, here's
- 40:35going to be your new office, which was way smaller.
- 40:37And he's like, it's going to be 3 times as much and here's all
- 40:40your new fees. And I was like, whoa, like that
- 40:42was scary to me that I thought here I was building this
- 40:45business that I controlled and all of a sudden I was just being
- 40:47dictated to me that this is going to change.
- 40:50At which point I was like, you know, it's time for me to do my
- 40:52own thing. So I left there and I ended up
- 40:54buying into an existing Keller Williams franchise.
- 40:57And when I bought it, they've been there for seven years and
- 40:59they had 42 agents. And in 18 months later, I built
- 41:04it to two offices and 200 plus agents.
- 41:07But well, by just a, because I'm a, because I'm really good at
- 41:13talking to people where they are.
- 41:15I think it's so funny. And I've heard even here's 20
- 41:18years later, I still hear this to this day, right?
- 41:20People will come in to interview with me to come to our company
- 41:23and, and you should interview with multiple places where you
- 41:25go and they'll say, this is the first place that I went that we
- 41:30spent more time talking to me. I'm talking about me than
- 41:35talking about what you do here. It's always this presentation,
- 41:38right? It's like people like, let me
- 41:40tell you everything that we do with this company, blah, blah.
- 41:42When people come to our company, I'm seeing two things.
- 41:45Number one, are you a good fit for us within the dichotomy of
- 41:49who already works here? Are you bringing something to
- 41:50the table? And two, can we, can we help
- 41:53you? Is there something that we can
- 41:54bring to the table that can really help you?
- 41:57And there's times, you know, when we go through those
- 41:58interviews where I don't even talk about 60% of the stuff that
- 42:02we have because they're not going to use it anyway.
- 42:04So why am I going to throw up all of room with a bunch of a
- 42:06bunch of stuff? What's important for me is, OK,
- 42:10let's really narrow down on what you're doing.
- 42:13And what I find with most real estate agents, even the
- 42:15successful ones, is I always call it they're, they're failing
- 42:19successfully. They're like, yeah, I made 150,
- 42:22a $175,000 last year. Do you have a written business
- 42:25plan? No.
- 42:27How do you have KPIs? No.
- 42:29Do you know how many phone calls it takes you to get a deal?
- 42:31No. Do you know how many of this
- 42:32have to do you know what your ROI is?
- 42:33And your mails, none of them know.
- 42:36They're just really personable people.
- 42:38They're great salespeople, but they're not running a business.
- 42:42And so when I sit down with people, it's like it's my
- 42:44mission in real estate has always been, let me help you
- 42:48turn this from a successful hobby into a real business.
- 42:52And then you and then the last question I always ask, which is
- 42:55my favorite question, which is how many doors do you own?
- 42:58And then 95% of real estate agents go the one, the one I
- 43:01live in, it's like, dude, the commissions are not the gold.
- 43:05The commissions are the fuel for the rocket.
- 43:08That's how we're trying to build wealthier.
- 43:09That's what we do. That's how smart people really
- 43:12play this game. And that's what we try to do.
- 43:15And I've always been that way. But the Keller Williams thing
- 43:18was like, you know, class of Wednesday and I hate on Keller
- 43:21Williams. Great training.
- 43:22I've sent a million agents to them for training new agents.
- 43:25I'm like, go there. It's awesome.
- 43:26Good training. It's.
- 43:27That's where I started for sure. Yeah, dude, great place to get
- 43:29training. But you know the, the, the math
- 43:32is the math and 90% of people that get in real estate fail in
- 43:35the first year. That is the business I was in
- 43:37there. It was a revolving door of wet
- 43:40licenses stamped class on Wednesday around for eight
- 43:45months and out you go. And it was the same level of
- 43:47investment. I said I don't want to be in the
- 43:4890% business anymore. I want to be in the 10%
- 43:50business. So sold that out.
- 43:52Started the company with my partner Gavin Urdstone.
- 43:55Now it's been 16 years. I was simply Vegas.
- 43:58We were #3 in the market within three years.
- 44:02We've been #2 in the market now for several years.
- 44:05Funny thing, we were number one at the end of the first quarter.
- 44:08And we have no business ever being #1 like I tell people all
- 44:10the time I'm like, well, don't be #1 I'm like, no.
- 44:13And they're like, why? I'm like, because number one has
- 44:151700 agents. Like it's just, do you have a
- 44:19pulse and can you pay my fee? Come on down.
- 44:21And it's the law of averages enough of them to do a deal to
- 44:23get there. There's nothing special about
- 44:24that today. So for me, you know, being
- 44:27select about who we have actually terminating agents that
- 44:30don't perform and, and working under those parameters, we
- 44:34should never been #1 but there was just this huge run on
- 44:36luxury. And that's really what we focus
- 44:37on. Like our, our, our #1 core value
- 44:40is luxury is our brand. And it doesn't mean we don't
- 44:42sell every kind of house, but every person that comes to our
- 44:44doors gets treated the same. Whether they're buying a
- 44:47$350,000 house or $25 million house, we have the same level of
- 44:51treatment. So what beyond that, to continue
- 44:54down the recruiting path, what worked for you and didn't work
- 44:57for you when recruiting agents? Like, how were you doing
- 44:59outreach? Were you working with
- 45:00recruiters? What?
- 45:01No, with us, a lot of it is a lot of us recognize people for
- 45:08success like there's a, there's a, there's a, there's a if
- 45:10you're a real estate broker right now, that's a tool you
- 45:12absolutely should have is called corded.
- 45:14It's something you should have corded dot IO and I'm not
- 45:17sponsored by them. I pay for it.
- 45:19It's a great, great tool. And essentially what corded IO
- 45:22done is, is something I've done for the last 17 years, which is,
- 45:26is what I would do is in the morning, I would wake up and I
- 45:28would look for any agent, the MLS, I'd pull the solds and I
- 45:31would see anybody that closed the deal over.
- 45:33You know, if this is 16 years ago, you know, it's called
- 45:37800,000, which was a massive deal in Vegas that at that time.
- 45:41And I would see who the agent was and I would just send him a
- 45:43quick e-mail saying, hey, dude, that's an awesome closing, great
- 45:46job. If you ever want to step up and
- 45:47really focus on working luxury, obviously you had this closing
- 45:50that showed you can do it. Call us.
- 45:53We'll sit down and see if it works.
- 45:54Because most of the time, like once people go work at a
- 45:58brokerage or even a this same in any company, How often do you
- 46:01hear from your boss? Great job, you know, like
- 46:04there's that one plaque that goes out the top performer, but
- 46:06that individual performance, that somebody that might be the
- 46:09biggest deal they've ever done and they don't hear about it
- 46:11from their their boss. And so with that corded system,
- 46:14not only does allow us to constantly every day identify
- 46:18very quickly and send out messages to all of our people
- 46:21internally, they're doing well, but I can also see the external
- 46:24people and send that same message.
- 46:25So what used to be done manually and take me a little bit of time
- 46:28every day is now just really runs quick.
- 46:31We can hammer it out very quickly.
- 46:33Which is great. That's awesome.
- 46:35Recognition. It's all about recognition,
- 46:36don't you? Don't you recognize for what you
- 46:38do? Of course, I mean, it's crazy
- 46:40how how much recognition drives the majority of humans.
- 46:45You know, like above so many other things.
- 46:47Like a lot of people prefer recognition over money.
- 46:50They just want to be recognized. Politically driven.
- 46:52Yeah, it's, it's wild. That's, that's a really cool
- 46:55strategy. Yeah, because there's not a lot
- 46:56of recruiters in the 100% Commission world and it's such a
- 47:00relation business. And that's where I'm at with HP
- 47:04Capital. We have so many leads, so much
- 47:06deal flow and I just need more amazing people to be able to
- 47:11service those leads to the highest quality service that we
- 47:15can. And then so there's, there's
- 47:17always that balance, but it's hard to, we don't have an MLS in
- 47:21commercial mortgage brokerage, right?
- 47:22We can't just see who's producing what.
- 47:24There's no data for that. You have to really like dive
- 47:27through LinkedIn and go through all the the firms and get to
- 47:29know people at the events and see who.
- 47:31Commercial such commercial such a mess.
- 47:32We have a large commercial department as well and
- 47:34commercial such a mess because you can put a property on
- 47:37Loopnet, lease it or sell it and leave it up there for five years
- 47:40and there's no governing board to make you take it down.
- 47:42So the data is not right. Like it's, it's really, it is
- 47:45the Wild West though. It's amazing to me that that
- 47:47hasn't consolidated. I know the boards try to do the,
- 47:50the, you know, the, the commercial part of the, of the,
- 47:52of the residential boards. Most commercial brokers don't
- 47:54want to be part of the residential boards.
- 47:56They want to do their own thing. And yeah, it's, it's such a wild
- 48:00business in the commercial. It's wild.
- 48:02It is, it is, it's, it's a wild, Wild West on the mortgage side
- 48:05and the brokerage side for sure. And So what does your culture
- 48:10look like at the kind of like, are you all in an office
- 48:12building? Are you remote?
- 48:13Like how do you train people? So once you, once you get these
- 48:16top performers and you recognize them, how are you retaining
- 48:19them? How are you training them?
- 48:20Are you doing one on ones? Are you doing group sessions?
- 48:23Like, how did you build that culture?
- 48:24Yeah, we, you know, we again, we try to meet people where they
- 48:27are. We have I, I, I believe the
- 48:30virtual company is great. Good for you.
- 48:32That's awesome. Do your thing.
- 48:33But I do believe the magic's in the hallways.
- 48:35I mean, Simon said that Peter Teal says that I totally believe
- 48:39that the magic in your company is the conversations that are
- 48:43happening within the hallways. So having great, beautiful
- 48:46office space I think is important, especially in the
- 48:48luxury side of the business. You got to have an impressive
- 48:51place for people to walk in. They want to feel like they're
- 48:54walking into some place that's substantial.
- 48:56Not meeting you at Starbucks like that doesn't work.
- 48:59So, yeah, we have great office, but we do do a lot of stuff.
- 49:03We're completely vertically integrated company.
- 49:05So every single thing that touches the real estate
- 49:07transaction, we own. We own mortgage, we own title,
- 49:10we own solar, we own everything. Anything you could possibly have
- 49:13to do with a house, we, we have a part of and it gives us the
- 49:19ability to have different space, different crossovers from those
- 49:22things. Obviously, like when our title
- 49:24company, you know, like people look at title reps in this
- 49:27business. And if you're not a realtor, I'm
- 49:29not going to bore you too much more with this.
- 49:30But like most title reps walk around and hand out, you know,
- 49:34chapstick and desk calendars. That's what they do.
- 49:39We don't hire for the marketing people at our, at our firm.
- 49:41We don't hire people that have any title experience.
- 49:43Like I, you don't, I don't care if you know anything about
- 49:45title. I hire the most badass digital
- 49:47marketing people I can find because they can walk in and
- 49:50say, OK, let me go through your digital marketing.
- 49:52I don't, I'm not going to bring a chapstick.
- 49:54I'm not, I'm not going to buddy buddy with you and buy you a
- 49:56coffee because you're busy. What I want to do is I want to
- 49:58improve your business. And so we hire these absolute
- 50:01savages at that level that then can run classes that train on
- 50:05things that people actually need.
- 50:08And, and that engagement has been massive.
- 50:11But, but we try to be where people are.
- 50:13We we're constantly engaging with them.
- 50:14Like we don't fight the flow of things.
- 50:17Like we haven't, we had an intranet within our back office
- 50:20system where we were communicating and posting and
- 50:23all of those things, our internal Facebook.
- 50:24But what we found was all of our top producers all have
- 50:28transaction coordinators. They're never in there and we're
- 50:30seeing it. So it's like, OK, where are you?
- 50:33OK, well, everybody's kind of scrolling Facebook still because
- 50:35they're marketing there. OK, great.
- 50:37So now we have a Facebook group for a company and it had for
- 50:39years, but all of our communication goes through that
- 50:42Facebook group then on a platform we don't even own just
- 50:44because that's where our people are.
- 50:46So don't fight where your people are.
- 50:47Talk to them where they are. That's good.
- 50:49And do you guys do structured trainings or you know, like or,
- 50:55or does everybody kind of just do their own thing?
- 50:56Everybody does their own thing. I have, I do have for me, I
- 51:00have, I have like a 45 day intensive that I do to kind of
- 51:03get people started again, get them out of the drift and snap
- 51:06them out of it. It's called the climb.
- 51:07I run that once 1/4 for people that work for us.
- 51:10I mean, the cost is minimal. I charge them like 200 bucks is
- 51:13stupid. I mean, I, I don't need the 200
- 51:15bucks. I do it because you got to have
- 51:17some skin in the game or you won't take it seriously.
- 51:20And it but yeah, that that's our main primary thing and everybody
- 51:24goes through that program. It's my biggest joy in this
- 51:27business. Like people say what's, what's
- 51:30your favorite thing about real estate?
- 51:31And it's like I get more joy in watching people develop and
- 51:36become, you know, massive players in the space with
- 51:39information and tools that we're giving them and guidance that
- 51:41we're giving them on one-on-one than anything that I ever do
- 51:45personally. I mean, I've had a personal team
- 51:47for, you know, now 17 years. I've got 10 agents within the
- 51:51company that work directly for me, you know, pretty much just
- 51:53handling all my business anymore.
- 51:55But I do that not because I need to do it.
- 51:57I do because I genuinely love to have people right there that I
- 52:00can develop. Yeah, because I just, I, I love
- 52:02that about if you don't really love people, I think getting
- 52:05into the in the development business is probably the wrong
- 52:08business. Right.
- 52:09Yeah, No, I mean, if you don't love people, it's, I mean, I
- 52:13don't know, I my whole world revolves around people.
- 52:16I, I think that relationships are everything, but there's
- 52:18different people that have different skills that aren't
- 52:20necessarily on the sales or the front end side.
- 52:22And they're really good at what they do on the back end and more
- 52:25the operator, the integrator type.
- 52:27But I love the relationship part of the business.
- 52:30I mean, that's what I live for, so.
- 52:32It's the best. Part yeah.
- 52:33How did, did you have a a clear vision and mission of where you
- 52:38were going to get with Simply Vegas, like with your business
- 52:42when you started or did you guys kind of just go and you just
- 52:45kept growing and it's just turned into this thing, this big
- 52:47thing? So what?
- 52:48So what happened was Gavin had actually already started the
- 52:50company. He started with two other guys
- 52:52and I ran into but so Gavin and I went to lunch and here I am
- 52:57grinding at Keller Williams, you know, got 200 agents and Keller
- 53:00was for for lover for for my experience with it was terrible
- 53:05business models and owner because when you make money, you
- 53:07got to give half of it away to your agents.
- 53:09When you lose money, you get to write a check.
- 53:12Terrible business model to to me, it was so I made no money
- 53:15doing that. We were at this big company, but
- 53:17it didn't it wasn't turning us any money.
- 53:20And then I watched Gavin struck this little independent company
- 53:22that's getting every big hitter in town in and I'm like, how's
- 53:25Gavin getting these players to come work for this?
- 53:28And so I call Gavin and we go to lunch and my partner's very
- 53:30English and which I think has unfair advantage.
- 53:35Literally, you could take the dumbest person from England,
- 53:37drop them off the United States, and everybody's all enamored
- 53:39with them. And you could take the smartest
- 53:41American and drop them off in London.
- 53:42And people like this twit, you know, it's terrible.
- 53:45But he's very English and he's like, well, I wanted to start my
- 53:49own company. I wanted to run it like a
- 53:50private club. You know, we don't hire
- 53:53everybody. We don't want to hire everybody.
- 53:54We want it to, I want it to mean something.
- 53:56And here I am. I hear this, that one sentence
- 53:58for me was like the biggest catalyst and change in, in my
- 54:02business philosophy in real estate.
- 54:03I'm like, because we would hire anybody, you know, it was just
- 54:06trying to hire people. And when I switched, when I sold
- 54:08out of the Keller, literally within two weeks of that
- 54:10conversation, I'd sold out there, bought out his partners
- 54:13and we opened the second office in Green Valley, which is where
- 54:15I live and, and never looked back and, and always ran it like
- 54:18the this is special. And I think part of that has to
- 54:23be you are who you project that you are.
- 54:27I mean, there's the fake it till you make it thing.
- 54:28I get, which I don't necessarily totally agree with, but I think
- 54:31part of that's valid because you, if you project and you, you
- 54:35just decide that this is who you are and you stay true to those
- 54:38values and stay true to that course, then more times than
- 54:43not, with enough effort and a big enough microphone, it's
- 54:47going to work. Yeah, how did he position it?
- 54:50Because I love that. And that's exactly how I am too.
- 54:52Is like we I've because I've learned because I used to be the
- 54:56same thing. Hire anybody because you you're
- 54:58desperate for resources. You're just like, I need people,
- 55:01right? But some of the what I've
- 55:03learned is some of the best deals in life are the ones you
- 55:05don't do. And you are only as strong as
- 55:08your weakest team member. Yeah, yeah.
- 55:11Yeah, back to my back to my trophies in my office of of
- 55:15misery and failure. You know, people don't don't
- 55:20think enough when they get involved with deals, when they
- 55:24get involved with projects, when they get involved with with the
- 55:27people. You know, there's so many ways
- 55:30that you can now test ideas so you can test different things,
- 55:33test people. I don't bring anybody in anymore
- 55:36to my team without a very definitive at any level where
- 55:40they are without a very definitive 90 day, first 90 day
- 55:43expectation plan. It's this is where you're
- 55:45starting. Like I don't care if you're the
- 55:47CEO of my title company, if I bring you in, it's here's the
- 55:49expectations of where you should be at day 30, where you should
- 55:52be at 60, where you should be at day 90.
- 55:54And if you're not here, we're not going to be in business
- 55:58together anymore. Because one of my favorite
- 56:01things that I learned about people, and this may sound
- 56:03callous, but it's not if you're going to be a really successful
- 56:06business owner, is my job as the business owner is to constantly
- 56:11be trying to replace every single person in my organization
- 56:14with better talent. That's my job.
- 56:17Their job is to make that impossible.
- 56:21And I, as long as we have that understanding and everybody's
- 56:23very clear about that, then magical things happen because
- 56:27it's not a threat. It's just respect.
- 56:29It's I'm giving you this job. I'm giving you this opportunity
- 56:32because I really believe after everything that I can kind of
- 56:35figure out with you that you're the best person to sit in that
- 56:38seat. Don't prove me wrong.
- 56:40Yeah. You know.
- 56:42Yeah, it's a. It's a command for people to
- 56:45rise to their highest potential. And that's how I show up.
- 56:48I command myself to rise to my highest potential and I command
- 56:51everybody around me to rise to their highest potential.
- 56:53And I will not be around people who aren't doing that.
- 56:56They're it's mediocrity. I don't want to be anything to
- 57:01do with mediocrity. And I don't understand how
- 57:02people live that way, but that's OK.
- 57:04Everybody's different. They're just not the people that
- 57:06are going to be in my my circle because they're not aligned with
- 57:08my values, right? And so that's a lot of the work
- 57:10I've been doing with one of my mentors lately is just deep
- 57:13values work. Deep, deep values work.
- 57:15Like if you don't that your values, your core values are the
- 57:18foundation of everything in your life.
- 57:20And so many people don't even know what their core values are.
- 57:23They're just operating. And they may feel things like,
- 57:26oh, I didn't like this person did this, or I didn't like this
- 57:28person did this, but they're not tying it to an actual value
- 57:31statement. And my mentor, he reads his
- 57:33values multiple times a day, every single day.
- 57:35And the action behind those values, like integrity, what
- 57:38does that look like? How does that show up in your
- 57:40people? What is a, you know, what does
- 57:42that mean to you? How do you, how is that an
- 57:45action? So you can actually judge it
- 57:46when you go to your team member. Hey, one of our core values here
- 57:49is integrity. This is what this looks like as
- 57:51an action. This is not aligned with what
- 57:53how you're acting. Is this one of your core values
- 57:56or not right. And so, and then just learning
- 57:58how to question people. So because everybody's character
- 58:02and everybody's values come out over time, but we don't want to
- 58:06make the wrong hires. And so when you I'm learning
- 58:09right now is how do I uncover people's core values through
- 58:12specific questioning that's conversational without asking
- 58:16what are your values, right? Because everyone will say, oh,
- 58:18I'm honest and I'm a high performer, all these things.
- 58:20And so that's a lot of the work. And so just being able to align
- 58:22and understand who, whose values are really aligned, because that
- 58:27is more important than just this person is producing this much
- 58:31that doesn't even matter, right? Is, is taking it out of what's
- 58:35the transaction or the result that I think this person can
- 58:38bring and could bringing it back to is there the true values
- 58:41alignment of this person and, and our company and, and me as a
- 58:45leader or the leadership team, right.
- 58:47And so that's been a very transformational for me is to
- 58:50start to reflect on who in the company, who in my life, who in
- 58:53my, you know, what relationships are actually aligned with my
- 58:56core values. And then having the the
- 58:57awareness of am I actually living in integrity with my core
- 59:01values no matter what? I'll tell you something, I
- 59:03learned that one of the beauties of a podcast, right, of, of
- 59:06having a podcast and having really high level people on it
- 59:09is you constantly get to learn cool things.
- 59:12And I learned something about core values that it was really
- 59:14fascinating and only because of the book, and I've done so many
- 59:17of these in the last five days, my brain is a little fried.
- 59:20So I'm not going to attribute this thought to anybody, but I
- 59:22will say this is not my thought. You can go back and figure it
- 59:25out about podcast and figure who it was because I don't remember
- 59:28who said at this point we were talking about core values and
- 59:31they said the best way to really analyze your core values.
- 59:33And he brought up integrity is one of them.
- 59:35And he said, everybody says they, everybody says integrity
- 59:37is a core value. I love, I love a value, but it's
- 59:40like, do they really like how Like how much like is it OK to,
- 59:45you know, cheat on your diet and grab a cookie?
- 59:47Is that breaking integrity is cheating on your wife?
- 59:50Like where's the line? And he says the best way to test
- 59:53your core values is look at the inverse of them.
- 59:57Like what's the inverse of that? Like if I said you like give me
- 1:00:00one of your core values. Well, integrity.
- 1:00:03I want to pick a different one. Just because I want to get on
- 1:00:04that road, pick a different. One, yeah, continuous growth.
- 1:00:06Continuous growth, OK. So what would be the exact
- 1:00:09opposite of continuous growth? If you had to verbalize what the
- 1:00:14polar opposite of that core value would be, what would it
- 1:00:16be? Declining.
- 1:00:17Declining growth where we're not learning anything.
- 1:00:19You're staying stagnant. Does the thought of you in that,
- 1:00:22in that type of situation just absolutely make your skin crawl?
- 1:00:25It does. So that core value is probably
- 1:00:27real. It's like, yeah, it's good to
- 1:00:30aspire to something, but if the inverse doesn't absolutely make
- 1:00:33your skin crawl, drive you crazy, it's fine.
- 1:00:35Like for me, he said, what's something that like?
- 1:00:38He asked me. He said, what's something that
- 1:00:39drives you crazy? And I said when people are late,
- 1:00:42it is one of my biggest things because it just shows a
- 1:00:46complete, you know, non value of my time.
- 1:00:50And he's like, so time is very, very important to you.
- 1:00:53And I said, yeah, he goes, so probably one of your core values
- 1:00:58is make every moment count. And I didn't have that on the
- 1:01:01sheet, but I haven't now because he's right.
- 1:01:03Because if the thing that drives you craziest the most, the
- 1:01:06inverse of that is probably going to be a core value.
- 1:01:09So I thought, I just thought that was super interesting.
- 1:01:10I love that. Yeah.
- 1:01:11And it's a good way to think about it because you know, and
- 1:01:15look, Garnett just wrote a book called 17 Runs.
- 1:01:18And there's this the whole value section in it.
- 1:01:20And so that you can ask that GBT, like, what is the whole
- 1:01:22list of all these values, right? And then you start writing
- 1:01:24about, OK, which ones are important to me?
- 1:01:26And then which ones are non negotiables and which ones are a
- 1:01:29little less important. And then those ones that are non
- 1:01:31negotiables become your core values for your, your not only
- 1:01:35your company, but your life, But you have to actually live by
- 1:01:37those values. If it's really a core value, it
- 1:01:40has to be something the way you show up.
- 1:01:41And so something happened recently to me where I had this
- 1:01:45awakening because I'm always questioning myself, questioning
- 1:01:47my beliefs, questioning my actions, questioning everything
- 1:01:51and all the inputs that are coming in, like, is this real?
- 1:01:53Is this fake? Is this my brain just coming up
- 1:01:55with this from fear or greed or whatever, right?
- 1:01:58And so I had to look honest myself and like one of my core
- 1:02:01values is health. Like I want, I want to be, I
- 1:02:03want to be as healthy as I could possibly be with this miracle of
- 1:02:06life in the body I've been given, right?
- 1:02:08And so yet I'm vaping and I'm like.
- 1:02:12Wait, that's not. Good for you.
- 1:02:14No. Yeah, so and, and I I, you know,
- 1:02:16I picked up that habit recently. This year.
- 1:02:20I picked up the habit and then I was looking at myself and I'm
- 1:02:22like I. How do you How old are you?
- 1:02:2529. How do you pick up vaping at 29?
- 1:02:27I know that's like something that's like a bad high school.
- 1:02:30No, I know, I know. Isn't it?
- 1:02:31Oh my gosh. I'll Yeah, I'll blame it on my
- 1:02:36first. Well, actually what it was is I
- 1:02:38that was. Like Tom Petty doing heroin for
- 1:02:40the first time at 60. Or no, I know whatever it was
- 1:02:43my, my friend, my best friend, her sister who's younger, she's
- 1:02:4820, had a vape and she's like, oh, here, try it.
- 1:02:51And I tried it. And then I went, yeah, I was
- 1:02:53like, it tastes so good. And so but then, and then I'm
- 1:02:56just like doing it for a handful of months and then I'm like,
- 1:02:59what, why am I doing this? This is so stupid.
- 1:03:01Like this isn't aligned with my values.
- 1:03:03So and that that's means I'm lying to myself and something
- 1:03:06I'm not an integrity of my values.
- 1:03:07And so I quit and I threw it away and done.
- 1:03:10But it's, that's The thing is so many people, they just, they let
- 1:03:13life happen to them, right? Oh, here's the circumstance.
- 1:03:15I took this opportunity and now I'm just going to do this thing.
- 1:03:17And we don't actually me stop and reflect is this in integrity
- 1:03:21with who I am and what I want. I'm like, I don't know what this
- 1:03:23is doing to my body. I could die in two years because
- 1:03:26of this. Like I have no idea why would I
- 1:03:27do this? For what?
- 1:03:28Because I like the banana flavor.
- 1:03:30Like that's stupid. And so, yeah, I think just
- 1:03:33having that awareness and and your non negotiables and how
- 1:03:36that and making sure that you are actually living by that
- 1:03:38because the truth always has a certain ring to it and your
- 1:03:40values come up over time. You know, you know, it's funny.
- 1:03:42It's it's, I remember the point I was going to make earlier
- 1:03:45about Simply Vegas, based on what you were just talking
- 1:03:47about, which is one of my favorite things, things is the
- 1:03:50only way to coast this downhill, right?
- 1:03:52And you're just coasting along like, hey, here, we're going to
- 1:03:55do this and blah, blah. And you don't even really notice
- 1:03:56this happening. And you just drifted right into
- 1:03:58it. And my point earlier from simply
- 1:03:59Vegas was, you know, here we have this company that's
- 1:04:01achieved all this great stuff. And I could be like, well, I'm
- 1:04:06just going to my beach house and hang out for a month because I
- 1:04:08can, because the, I don't need to be there every day because
- 1:04:11they do this. But we just made a choice, or I
- 1:04:16made a choice a long time ago that my great joy is continuing
- 1:04:19to watch that company grow. And if I'm not invested in it
- 1:04:23and I'm constantly innovating and I'm constantly trying to
- 1:04:25bring new tech to the, our tech stack and eliminate things that
- 1:04:28aren't working and listen to our agents and approve it, then it's
- 1:04:30going to coast downhill. And I don't want to do that.
- 1:04:33And so much like you with your vaping, you just thought, oh,
- 1:04:36no, let's do it. And all of a sudden you turn
- 1:04:37around and you have this habit you didn't even realize you were
- 1:04:39getting. And that's drifting.
- 1:04:41It's like Urban McManus was on my podcast and he made the, he
- 1:04:43made the comment. We're talking about the title of
- 1:04:45the book. And he was like, oh, my God, I
- 1:04:47love it so much. Because the problem with
- 1:04:50drifting is you're still moving. Like you feel the you feel like
- 1:04:55you're the inertia of the of the world going by you.
- 1:04:57But you don't realize you're going off target until it's too
- 1:05:01late. And you start vaping every day
- 1:05:04at 39 years old. Good.
- 1:05:06I know I may never let you live that down, by the way.
- 1:05:08Yeah. At least I'm honest.
- 1:05:11At least I'm honest. That's true, yeah.
- 1:05:13And. And.
- 1:05:14But I but I love that you recognize that that didn't
- 1:05:16recognize your core values and get rid of them.
- 1:05:18I'll tell you a story about our core values.
- 1:05:19We're one of our companies. We just recently had to change
- 1:05:21one because the way that we change our economic model
- 1:05:26changed of our business and and one of our core values had
- 1:05:29something to do with the economics of our company.
- 1:05:32And that statement no longer became true.
- 1:05:35And so we have this obviously on things and all our printables
- 1:05:37and all of our stuff and stuff. And as soon as we made that
- 1:05:40change to our business model, I told her director of operations,
- 1:05:43I go, you have to throw away all of this stuff.
- 1:05:45You have to take down all of this stuff.
- 1:05:46You have to get rid of all of these books, just put them in
- 1:05:48the shredder. And she's like, why can't we
- 1:05:50just get through them? Let's just go through the books.
- 1:05:52And when the books are gone, then what are new ones with the
- 1:05:54new stuff? And I go, no, because as of
- 1:05:56right now, that's not true anymore.
- 1:05:58And if that's not true, then none of this is true and we're
- 1:06:02not going to do that. So yeah, throw it all away,
- 1:06:05scrap it, start again, put this in instead of that, which makes
- 1:06:07all of this in line in alignment again.
- 1:06:09That was my way of quitting vaping.
- 1:06:11I love it, yeah. And we just always have to have
- 1:06:13that awareness and that honesty with ourselves and with others
- 1:06:16and be able to make sure like and especially as a leader, we
- 1:06:21are the standard. And that's what I tell other
- 1:06:24other leaders in my company and previous companies is if you
- 1:06:29show up, however you show up is how the team's going to show up.
- 1:06:33So you can't tell the team that they need to. 80% of.
- 1:06:36How you? Well, yeah, yeah, yeah.
- 1:06:37They're never going. To be they're they're exactly
- 1:06:39but if you if you're showing up here, they're going to show up
- 1:06:42somewhere under there, right So you can't expect them to be
- 1:06:47showing up here and you're actually showing up here that's
- 1:06:49never going to work. You have to be the standard.
- 1:06:51And so as a as a leader, I have to be the standard.
- 1:06:54I have high responsibility. And if I, if I have high
- 1:06:57standards for the people in my organization, I have to be the
- 1:07:01best example of those standards. I can't be wavering those
- 1:07:03standards. I don't want to recruit a bunch
- 1:07:05of vapors, right? So like I want to be, I want to
- 1:07:08be the highest standard. I'll say this though about what
- 1:07:14you just said. You can show up less than your
- 1:07:17people under under 1 circumstance, right?
- 1:07:20If you are stretched to the limit with something else you're
- 1:07:24doing and you are honest with your people that you are always
- 1:07:28there for them, they will be there for you.
- 1:07:31And I'll, I'll say this like this book launch is a big, is a
- 1:07:34huge, it's, it's a lot. It's been more than I thought it
- 1:07:38would. It's constant, constant this.
- 1:07:40It's, it's way more than I thought it was going to be,
- 1:07:43which is distracted me from my daily stuff with some of the
- 1:07:46things I've done. And everybody around me that
- 1:07:50works for me has stepped up in ways that is amazing to help
- 1:07:55take care of where I'm not there and has really risen farther
- 1:08:01than I thought that anybody would.
- 1:08:03And they don't do it. But because of the business,
- 1:08:06they're doing it for me. So I think as long as you know,
- 1:08:09great if you, if you're like, I'm going to go play golf again
- 1:08:10today, you guys have at it, they're not going to do it for
- 1:08:12you. But if you have moments of
- 1:08:14crisis, if you have always been the person that's there for your
- 1:08:17people, they will. They will be there 110% for you.
- 1:08:19They'll go above where you. Yeah, but you're still living by
- 1:08:23your values. You're just, your energy is
- 1:08:25focused on another thing right now.
- 1:08:26But you're not like, you know, being unaccountable and all
- 1:08:29these things. You're like, hey, this is my
- 1:08:30priority. I have to this is taking my
- 1:08:32energy and attention right now. And the team steps up to support
- 1:08:34you just as you do for for them when they need help or folk have
- 1:08:38to manage something in their life, right?
- 1:08:40Because that happens, yeah. So that what are some of the as
- 1:08:45an entrepreneur, what are some of the the failures that you've
- 1:08:47had or the crisises that you've had that you've had to overcome?
- 1:08:51Oh boy, let me run right through the office of trophies, of my
- 1:08:53serial killer, of my own finances, of my trophies.
- 1:08:57Let's see my $100,000 vitamins many, many moons ago.
- 1:09:00This is also stories in the book.
- 1:09:02We tried to start a multi level marketing company about vitamins
- 1:09:05and we went out and got several marketing partners or partners
- 1:09:08that were going to be with us that were had ties to NFL
- 1:09:11players and thought this is going to be great.
- 1:09:13Went out and spent mine, it was $100,000 on a warehouse full of
- 1:09:16vitamins and nutritional supplements and we never
- 1:09:18bothered to ask anybody if they wanted them before they launched
- 1:09:20this company. So I will never launch a product
- 1:09:24or build a product before I know there's a market for it.
- 1:09:27Which now like people think Kickstarter is about really
- 1:09:30raising money for these prop for these these companies.
- 1:09:33It's not Kickstarter's about do we have an audience?
- 1:09:36Do we have enough people that actually really want to buy
- 1:09:38this? They're willing to pre buy it.
- 1:09:41That's what you do. And, and so many people I, I
- 1:09:43talk about, that's one of the dangers of entrepreneurship is
- 1:09:46people fall so in love with their own product or their own
- 1:09:48design or their own websites or their own funnels or their
- 1:09:51concepts or whatever else, that they just don't listen to the
- 1:09:55market. They ride them too quick, they
- 1:09:56ride them too far and they fall apart.
- 1:09:58You've got to pivot when the market says no, you have to, you
- 1:10:02know, we had, we had, for example, we had a tech firm that
- 1:10:05I was a partner in many moons ago.
- 1:10:07And that tech firm was designed for a very specific thing.
- 1:10:12It was back in the day, there was this piece of software that
- 1:10:14was enterprise software to major corporations like Coca-Cola and
- 1:10:17SAP. Every, all these major companies
- 1:10:20use this particular piece of software to manage their their
- 1:10:22networks, but it was incredibly expensive.
- 1:10:25So my business partner had convinced this company to let us
- 1:10:29have one master license for it and then we could go out and do
- 1:10:32sublicenses to medium and small businesses.
- 1:10:35That was the 100% business model of this business.
- 1:10:39That was the that was what it was for.
- 1:10:40This was designed and that business got sold out to a
- 1:10:45private jet company 2 1/2 years later because some random person
- 1:10:52that knew one of the developers that worked at our firm needed a
- 1:10:55Palm Pilot app for a school board to be able to do
- 1:11:00inspections for the for their janitorial people.
- 1:11:03And that app became something that then fire departments used
- 1:11:07for fire inspections, which then became private jet inspection
- 1:11:10software that they used. And then this private jet
- 1:11:12company end up buying it. So had we been like, Nope, Nope,
- 1:11:16Nope, we do this, we would have missed that.
- 1:11:20So you've got to pay attention to what the market is asking for
- 1:11:23and give the market what it wants.
- 1:11:25That is the biggest mistake that most entrepreneurs make is they
- 1:11:27go, they stay too long, they go, well, I can't quit if I just
- 1:11:30keep at it. If I just can't quit, keep at
- 1:11:32it. A bad idea is a bad idea
- 1:11:34regardless how much sweat you put into it.
- 1:11:37So you've got to find and before you go too far down the rabbit
- 1:11:40hole, make sure you have a market.
- 1:11:41Yeah, and don't be afraid to cut your losses.
- 1:11:43Yeah, you got to walk away. Yeah, I mean, I've started 10
- 1:11:46businesses and I have two now that are that are successful.
- 1:11:50And yeah, so but you'll, and like Kevin O'Leary says this,
- 1:11:55you only need one to really hit. Yeah.
- 1:11:58You see? 1.
- 1:11:59Yeah, one hit. Yeah.
- 1:12:01I mean, look, if you don't lose at least seven figures a couple,
- 1:12:03you know, once in your life, you're not entrepreneur hard
- 1:12:05enough is what I like to say. But you want to protect yourself
- 1:12:09as much as you can from that. One of the things I can tell me
- 1:12:11the biggest changes in me business wise is my wife is an
- 1:12:15empath, right? She just she picks up on people
- 1:12:19and she's like, that's a good person.
- 1:12:21I don't like that person. And I've lost north of seven
- 1:12:24figures twice in my life on two different business deals.
- 1:12:28Both times she told me not to do it based not on the deal, not on
- 1:12:33the terms, not on the market, not anything else, based
- 1:12:36strictly on the people. I did not get a good vibe from
- 1:12:39those people at all, right? And so now we have a deal that I
- 1:12:43don't do business with anybody unless she gets a look at them.
- 1:12:46And there's been times when I'm at like, I'll be at like the
- 1:12:48boardroom mastermind. Like wait, are you in boardroom?
- 1:12:51I'm taking a break right now. Oh.
- 1:12:53OK. I just joined.
- 1:12:54Yeah, I was just in Cabo last week.
- 1:12:56Yeah, I love boardrooms. Yeah, I'm on a private chat with
- 1:12:58all of those guys. I know everybody.
- 1:13:00I told Kent I had to take a break while I launched the book
- 1:13:03because my toxic trade, and you saw this, if you went to
- 1:13:06boardroom, my toxic trade is you get me in a room for a bunch of
- 1:13:09people to start talking about random ways they make money.
- 1:13:12I'm like, I can do that, I can do that, I can do that.
- 1:13:14And then I'm off to the races down this rabbit hole of doing
- 1:13:17this. I told Kent.
- 1:13:17I said, you know, I absolutely need to focus on all of this
- 1:13:21stuff for a while. I know I left there and I was
- 1:13:23like, I need to tokenize our real estate assets and our fund
- 1:13:25and I need to start this. I got to get on the blockchain
- 1:13:27all this stuff. So which I I do want to do, but
- 1:13:29I'm like OK. Right.
- 1:13:31Yeah. But yeah, like, but like we'll
- 1:13:35be there and I'll, I'll talk to somebody and, and they're like,
- 1:13:36OK, this seems like a good deal and we'll do this deal and and
- 1:13:39we'll move forward. I'm like, wait, hang on a
- 1:13:40second. I got to get my wife because she
- 1:13:42always goes with me. I'm like, I just she's got to
- 1:13:44get and I'm like, what do you mean?
- 1:13:44I'm like, she's got to get a look at ya, let's talk about
- 1:13:47your kids, whatever for a minute.
- 1:13:47And she'll be like, oh, and the good news about boardroom is
- 1:13:49most of the people there have always been good people.
- 1:13:52I think over the years there's only been one person that kind
- 1:13:55of didn't do the right thing and got booted out.
- 1:13:56So Kent does a pretty good job of screening everybody there,
- 1:13:59which is great. That's cool.
- 1:14:00I'll see you there soon. Yeah.
- 1:14:01I'll be back, I'll be back. All right, cool.
- 1:14:04Very cool. Yeah.
- 1:14:06So the the. And then that with your wife,
- 1:14:10with the empath and her intuition.
- 1:14:11And this is something that women have.
- 1:14:13They have this intuition like I I have this weird right brain
- 1:14:17and left brain are both very strong, which isn't very common.
- 1:14:20Like I'm an engineer, but I'm an entrepreneur, creative visionary
- 1:14:23type too. But I still follow my intuition
- 1:14:26and my gut over my logic and that usually always works out
- 1:14:30the better way. If there's a confusion between
- 1:14:33the logic and the gut, it's usually the gut.
- 1:14:34And this goes back to the core values like their energy and the
- 1:14:39way they respond to things that will highlight somebody'd values
- 1:14:43and the way they talk and the way they communicate and the way
- 1:14:45that they share things. And so generally the feminine
- 1:14:49energy can feel those underlying things easier.
- 1:14:53But that's where I was just saying how, you know, in these
- 1:14:55business opportunities, we see the outcome, we see the
- 1:14:58potential, we get the excitement, we're like, oh, we
- 1:15:00could partner together, we could do this big thing, we could grow
- 1:15:02this, and we could make money and we could do all these.
- 1:15:04But we're not taking enough time to really understand the
- 1:15:07person's values. And if there's a misalignment
- 1:15:09there, the foundation's already broken.
- 1:15:10Yeah, I think, well, that's what makes our relationship so good.
- 1:15:13I think in every in every good relationship, you need to have a
- 1:15:16sail and you need to have a rudder.
- 1:15:18And I am the sale. I am all gas, no brakes.
- 1:15:21Let's go. And she is the hey, maybe we
- 1:15:24should take a little bit closer look at these people and do
- 1:15:27that. And since I have made the
- 1:15:29commitment that I will no longer invest or do deals with anybody
- 1:15:33that she doesn't know like and trust and is met, that's fine.
- 1:15:37You know, for example, boardroom.
- 1:15:38Do you know Tim Herridge? Yeah.
- 1:15:41He was on my podcast a couple. A month ago, Tim's one of my
- 1:15:44dearest friends. I love Tim.
- 1:15:46I had a million and a half bucks with Tim and I just and I and I
- 1:15:49yelled at Gidget over her shoulder and my wife's name is
- 1:15:51Gidget. And I'm like, hey, I'm going to
- 1:15:52send 1,000,005 to Tim. She's like, yeah, fine, just
- 1:15:55because no problem. She loves Tim.
- 1:15:57Yeah, no problem. He's a good dude.
- 1:15:58And and she and for me, she knew I had vetted the deal enough to
- 1:16:02know that it was OK, but her vibe with Tim and his wife was
- 1:16:06good enough that we're fine. So there we go.
- 1:16:08Yeah, it's, I mean, there's a million opportunities.
- 1:16:10That's a harness for Tim. It's a good.
- 1:16:12Deal yeah, so many opportunities.
- 1:16:14It all comes down to the trust and and the relationship.
- 1:16:17We always talk about like the horse and the jockey and the
- 1:16:19racetrack. The the the jockey is the most
- 1:16:22important decision. You also need a good horse.
- 1:16:24That's your business, your vehicle, your product, your
- 1:16:26market, all that, that stuff. But ultimately, if the race
- 1:16:29tracks good, the dirt's good, the the team, the groom's team
- 1:16:32is good to take care of the horse and the business and make
- 1:16:34sure everything's smooth and it's up to the jockey to make
- 1:16:36sure that everything actually wins and the horse wins the
- 1:16:38race. So that's awesome.
- 1:16:41Well, cool. Well, we'll wrap up here.
- 1:16:42I always like to end with a couple questions.
- 1:16:44So what is one piece of advice that you would give to your
- 1:16:49younger self? If you could tell your 25 year
- 1:16:51old self one thing when you were drifting, what would you say?
- 1:16:53Buy this book because it is a user's manual to you.
- 1:16:56That's the exactly the reason I wrote the book.
- 1:16:58It literally is a user's manual for how to stop drifting along
- 1:17:02with life. Just buy the book.
- 1:17:05And how can people buy the book and get a hold of you?
- 1:17:07You can buy it anywhere you want.
- 1:17:08Amazon all over the place. You can find me at the John
- 1:17:11Gafford everywhere. That's my Instagram handle.
- 1:17:13That's everywhere at the John gafford.com has links to all of
- 1:17:16our stuff. Or you can check out my podcast,
- 1:17:18Escaping the Drift. Same name as the book.
- 1:17:20Available everywhere podcasts are available.
- 1:17:23Awesome. Well, thanks for coming on.
- 1:17:24No, thank you.