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Why Stay In America If They Take Half Your Money? · Earn Your Leisure

• 0:00
  Speaker 1: When I did the podcast with you all, I was
• 0:02
  Speaker 1: telling you probably the most impactful interview I've done in
• 0:07
  Speaker 1: my career. He real He wrote, I heard a shot
• 0:11
  Speaker 1: at Troy talk about the tags letter.
• 0:13
  Speaker 2: Talk about fiance.
• 0:15
  Speaker 3: But we talk in a language that is common to
• 0:17
  Speaker 3: the people, that's from the communities that we grew up on.
• 0:19
  Speaker 1: You all are the bright spot, thank jewership for Black Americans.
• 0:25
  Speaker 3: This is the knowledge that actually matters.
• 0:28
  Speaker 4: I've plag both of you for this.
• 0:29
  Speaker 2: Thank you.
• 0:30
  Speaker 3: Isn't it a country issue. It's not an American issue, It's
• 0:34
  Speaker 3: a world issue.
• 0:34
  Speaker 2: He came to Earn Leisure.
• 0:43
  Speaker 1: All right, guys, welcome back e y l. We are
• 0:46
  Speaker 1: international episode in Dubai u AE. Our good brother Daniel
• 0:53
  Speaker 1: King shout out to him, man, yes to him. Yes,
• 0:56
  Speaker 1: we did his conference from Toronto. You know, that's one
• 0:58
  Speaker 1: of our major hope. We get a lot of support
• 1:01
  Speaker 1: in Toronto. And he actually moved out here and has
• 1:04
  Speaker 1: been making his way meeting great people. And there was
• 1:07
  Speaker 1: one you know, we came out here for vacation and
• 1:09
  Speaker 1: wedding and not necessarily the work, but when work calls,
• 1:14
  Speaker 1: we're always up. But when Daniel asked us to do anything,
• 1:17
  Speaker 1: we have to say yes, part of our obligation.
• 1:21
  Speaker 2: Yeah, he said that we have to.
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  Speaker 1: You know, we've interviewed a variety of very important people
• 1:26
  Speaker 1: in the world, you know, head of states, vice presidents,
• 1:30
  Speaker 1: some of the richest people of all time. But he said,
• 1:34
  Speaker 1: we have to interview one of his friends in Dubai
• 1:37
  Speaker 1: who owns the largest water park, the largest water park
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  Speaker 1: in the world.
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  Speaker 2: Is that correct?
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  Speaker 4: For now?
• 1:44
  Speaker 2: For now?
• 1:45
  Speaker 4: Isn't making it bigger?
• 1:48
  Speaker 2: Akhmed ben?
• 1:52
  Speaker 4: No, okay, let's do let's let's do it. Call on
• 1:57
  Speaker 4: your hand. Okay, I do it. I tried. I tried.
• 2:10
  Speaker 1: So thank you for joining us. Appreciate it, of course,
• 2:13
  Speaker 1: being so good. It's so good. So all right, so
• 2:16
  Speaker 1: walk us through like the beginnings, right as far as
• 2:19
  Speaker 1: how do you get to.
• 2:20
  Speaker 2: Own a water park? You're a Mariti, you're from.
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  Speaker 4: Yes'm from Dubai.
• 2:25
  Speaker 2: You're from Dubai. All right, well how old are you?
• 2:28
  Speaker 1: Okay, so the first question even before we get to
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  Speaker 1: the water park thing, right, let's let's talk about you.
• 2:32
  Speaker 1: For people that our audience is mainly based in America.
• 2:35
  Speaker 1: A lot of people, a lot of people have not
• 2:36
  Speaker 1: been to the u A. It's an interesting country. I
• 2:38
  Speaker 1: think it's like ten percent of the people that's actually
• 2:40
  Speaker 1: in the country are from the country, right, ninety percent
• 2:44
  Speaker 1: come from outside the country.
• 2:45
  Speaker 4: Yes, correct, yes, exactly so.
• 2:46
  Speaker 1: But you've seen transformation happen in your life in real time, right,
• 2:49
  Speaker 1: you're old.
• 2:50
  Speaker 4: Enough, you're old enough start there.
• 2:52
  Speaker 1: So when you when how how quickly has this turned
• 2:57
  Speaker 1: the corner? And like for you to actually be experienced,
• 3:00
  Speaker 1: to be experiencing it as a native, Like what is
• 3:03
  Speaker 1: it like for you to actually see the country change
• 3:05
  Speaker 1: right in front of your eyes?
• 3:08
  Speaker 4: It becomes so hard to understand anything else but the
• 3:12
  Speaker 4: speed and the service level and the safety we have.
• 3:15
  Speaker 4: The fact that we walk around a cars are unlocked,
• 3:18
  Speaker 4: where jeuery and watches, and that where buy anything. That
• 3:21
  Speaker 4: level of safety is a huge thing. It's interesting because
• 3:26
  Speaker 4: people think because we bring a lot of experts in
• 3:29
  Speaker 4: the town that we're just using them. No, think get
• 3:31
  Speaker 4: paid very well. We just learned from the best. The
• 3:35
  Speaker 4: city of Dubais run as a business and the Presidentiahammad
• 3:39
  Speaker 4: is the best CEO. So we dedicate the job for
• 3:41
  Speaker 4: a lot of very very powerful and smart people. So
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  Speaker 4: and the best of it again speed, Like, if this
• 3:48
  Speaker 4: will work for people, let's change it all and make
• 3:50
  Speaker 4: it happen. So that's the whole thing. And the time
• 3:53
  Speaker 4: to have an idea and decide and make it happen
• 3:56
  Speaker 4: is pretty quick. They keep Now you're hearing Dubai right now.
• 3:59
  Speaker 4: And what we remember Now coming three months, you'll find
• 4:02
  Speaker 4: new bridges that was done. So the speed of things
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  Speaker 4: are done here as much faster. We don't have like
• 4:08
  Speaker 4: this stick to the ship in a way works. And
• 4:12
  Speaker 4: again you're American. How much tax you paying? Any said it.
• 4:17
  Speaker 2: In your state tax? We got federal tax? So much
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  Speaker 2: state tax?
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  Speaker 4: Yeah? How much into do you pay tax? Isn't that stupid?
• 4:26
  Speaker 2: Yeah?
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  Speaker 4: Of course, Okay, you're paying half few months. You're working
• 4:29
  Speaker 4: six months of the year for free for what No safety,
• 4:33
  Speaker 4: no amazing education, no proper healthcare, and no lifestyle. Why
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  Speaker 4: are you doing that? You have to treat you can
• 4:40
  Speaker 4: move when that moved, because that that's the talk gave
• 4:43
  Speaker 4: was like why are you staying there? Why be somewhere
• 4:46
  Speaker 4: you are tolerated when you can be celebrated. Why are
• 4:49
  Speaker 4: we wasting so much energy being worrying about all this
• 4:52
  Speaker 4: nonsense that you cannot worry about anymore. Raise issues and
• 4:56
  Speaker 4: you know, taxes in safety and so on, so when
• 4:58
  Speaker 4: you can just have all the energy back in you
• 4:59
  Speaker 4: and then you can just perform because the level of
• 5:01
  Speaker 4: hustles you have it's phenomenal. Imagine that hustle but with
• 5:05
  Speaker 4: no instructions. Imagine the level of growth you're going to
• 5:08
  Speaker 4: have in a much shorter span of time.
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  Speaker 3: These are these are valid points man, successful love speed,
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  Speaker 3: and what you're saying makes I mean, it's one hundred
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  Speaker 3: percent correct.
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  Speaker 2: Right.
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  Speaker 3: When you have clarity, it opens up vision to create
• 5:21
  Speaker 3: and be more creative. We've seen that in our careers
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  Speaker 3: on a personal level and obviously on a business level.
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  Speaker 3: I'm wondering when you started this wasn't was It's a
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  Speaker 3: vision like I'm going to build park water parks in
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  Speaker 3: flavor with parks, Like what was the original vision and
• 5:36
  Speaker 3: how did it get to this point.
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  Speaker 4: It's a very funny question because like where we started
• 5:40
  Speaker 4: and where we are at now is so opposite. Like
• 5:44
  Speaker 4: because I had a slip desk, I can move and
• 5:46
  Speaker 4: walk and I was just in bed for forty one
• 5:48
  Speaker 4: days and all it could do is consume YouTube that
• 5:50
  Speaker 4: time that's almost forteen years ago, and the idea of
• 5:54
  Speaker 4: aqua fun I saw them videos. Oh that's awesome. And
• 5:57
  Speaker 4: then I was in the beach and I heard people
• 5:58
  Speaker 4: next to me is like, I wish there's something in
• 5:59
  Speaker 4: my case to do, and then I was next day,
• 6:01
  Speaker 4: I was in the yacht. I don't drink, I smoke
• 6:04
  Speaker 4: and like that thing so much. I'm just sitting there
• 6:07
  Speaker 4: being me dyslexic, very virtual. So I also imagine, what
• 6:10
  Speaker 4: if we have a slide from top to bottom. And
• 6:13
  Speaker 4: then those three ideas came together and then okay, let
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  Speaker 4: me create this aqua fun. I started going in researching
• 6:19
  Speaker 4: the world and there was two companies who does this
• 6:22
  Speaker 4: kind of thing in the world. I spoke to both
• 6:24
  Speaker 4: of them, and both of them gave me so much
• 6:26
  Speaker 4: shit because I was I was nobody. Basically I done
• 6:30
  Speaker 4: it before. It's like, no, you gotta pay me this
• 6:32
  Speaker 4: and this and this, and you're nobody, so what the hell?
• 6:35
  Speaker 4: It's okay cool. So I went to China. I spent
• 6:38
  Speaker 4: a month there. I met forty one factories. I find
• 6:42
  Speaker 4: their factories. I created my own brand, a co Fun
• 6:45
  Speaker 4: and the first thing that is, okay, me to be
• 6:47
  Speaker 4: bigger than you. Did that, and then I think after
• 6:49
  Speaker 4: six months I got bankrupt.
• 6:53
  Speaker 2: HM.
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  Speaker 4: That was the first bankruptcy, and for the next four
• 6:56
  Speaker 4: and a half years, I was in Dada's almost two
• 7:00
  Speaker 4: hundred and fift death just debt. Every mind I'm making
• 7:04
  Speaker 4: paying staff, paying debts, better suppliers, and so I'm paying
• 7:07
  Speaker 4: nothing to myself. And then I think on almost four
• 7:11
  Speaker 4: and a half years, and that's when I going back
• 7:13
  Speaker 4: to zero, and that's when I changed my team, change
• 7:16
  Speaker 4: my people, the systems and so on and so on,
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  Speaker 4: as okay, let's go in now. And then I think,
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  Speaker 4: so the last thirteen years, I was backrup twice, suit
• 7:26
  Speaker 4: twenty four times. My first year in business six hundred
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  Speaker 4: and seventeen, people told me no, this idea isn't gonna work.
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  Speaker 4: I was basically every single day getting two people tell
• 7:34
  Speaker 4: me no. Every single day. I opened the map of
• 7:37
  Speaker 4: the UEA, I went to every single beach honor in
• 7:39
  Speaker 4: the whole country as it is, no, no, no, And
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  Speaker 4: then eventually now I'm the biggest operator in the world.
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  Speaker 4: So the genius thing, it is one thing I just
• 7:47
  Speaker 4: didn't quit. I just never quit, no matter how crazy
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  Speaker 4: it was.
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  Speaker 3: There's a couple of genius things you did in there.
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  Speaker 3: You saw who the competition was, you saw what they
• 7:57
  Speaker 3: were using you said, all right, let me go get
• 7:59
  Speaker 3: what they're using and let me go destroy them.
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  Speaker 4: Yeah, I founded me and I dominated it.
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  Speaker 1: So basically, so what's the turning point as far as Okay,
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  Speaker 1: it's a very cost extensive business as far as what
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  Speaker 1: you're running, so you have to get capped. If you
• 8:12
  Speaker 1: were bankrupt and you had no money, you have to
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  Speaker 1: have at some point in time where you have to
• 8:16
  Speaker 1: have a lot of money that comes in to actually
• 8:18
  Speaker 1: get up and up and run it.
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  Speaker 2: Right, So sales, you raised, you raised money.
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  Speaker 4: I said, I've never is there any single dollar all
• 8:25
  Speaker 4: by me? So I made the money myself. I lost
• 8:28
  Speaker 4: my mind myself, and then I focused on sales. Just
• 8:32
  Speaker 4: keep doing sales, changing things social media and changing the
• 8:37
  Speaker 4: way I pretend present my businesses on social media because
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  Speaker 4: I understand and the end I am in the business
• 8:42
  Speaker 4: of creating happy memories. So basically the emotion I was
• 8:46
  Speaker 4: sending an emotion, emotion where people having fun, so I
• 8:48
  Speaker 4: to make sure I am involved in that. So I
• 8:51
  Speaker 4: was from the WinCE stairs getting into the water park
• 8:54
  Speaker 4: and then I will shoot you with my GoPro and
• 8:57
  Speaker 4: my drone, and I will edit the depictures and review
• 8:59
  Speaker 4: myself and I'll send them then. So the first followers
• 9:03
  Speaker 4: because of me. I was in the beach every single day.
• 9:05
  Speaker 4: Follow me, follow me, follow me, follow me. So it's
• 9:07
  Speaker 4: very for me, very personal, very in hand. Exercise, how
• 9:14
  Speaker 4: many employees do you have now? Seven hundred and eighty
• 9:17
  Speaker 4: seven and eighty at the water park around the world?
• 9:19
  Speaker 1: Yeah, you said around the world, around the world.
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  Speaker 2: How many water park do you have?
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  Speaker 4: Thirty four?
• 9:25
  Speaker 1: Okay, so when you're when you're working right, what's the
• 9:29
  Speaker 1: scalable amount? If you've never taken any outside of investments,
• 9:31
  Speaker 1: you just literally just okay, so do this water park,
• 9:35
  Speaker 1: then the money, then rolling over there, there, rolling over there,
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  Speaker 1: and then just keep it going from there.
• 9:39
  Speaker 4: Basically, I was like, let's make one very good. And
• 9:42
  Speaker 4: then because early on I went too big, too fast,
• 9:45
  Speaker 4: so I think we had two one park, then two
• 9:47
  Speaker 4: and then went to seventeen. And then when that time
• 9:50
  Speaker 4: we lost so much quality control, branding was bad, service
• 9:53
  Speaker 4: was that everything was just bad. Let's go back to
• 9:55
  Speaker 4: the beginnings. Do want to make it right? Systems? You
• 9:59
  Speaker 4: would usp is every step of the business have to
• 10:02
  Speaker 4: be written down and then hire the right people. Empowering
• 10:06
  Speaker 4: because the issue is like this whole founder syndrome is like,
• 10:09
  Speaker 4: I'm the funder that I can do the best. Yes
• 10:10
  Speaker 4: you are, but you have a scared so given letting
• 10:13
  Speaker 4: away my ego out of the way is okay. I'm
• 10:15
  Speaker 4: gonna give this person the authority and the power to
• 10:18
  Speaker 4: do this and give them part of this and then
• 10:22
  Speaker 4: see what they do. They wouldn't do a hund percent job,
• 10:24
  Speaker 4: but they might do sixty percent job. But then I
• 10:26
  Speaker 4: can be somewhere else.
• 10:27
  Speaker 3: Now you this is it's pretty immaculate because you think
• 10:33
  Speaker 3: water park, but on the service, this is an engineering
• 10:36
  Speaker 3: and this is a design build that you're doing. Did
• 10:39
  Speaker 3: you have a background or that or did you build
• 10:42
  Speaker 3: a tine? You did so you designed? You have no idea,
• 10:45
  Speaker 3: no idea.
• 10:46
  Speaker 4: I learned how to design, how to anchor, how to clean,
• 10:49
  Speaker 4: how to do even power supply connection, the straship points.
• 10:54
  Speaker 4: I learned diving. I learned social media everything myself because
• 10:58
  Speaker 4: I can his thing. Everyone have a spot for on
• 11:01
  Speaker 4: You have YouTube, we have Google. There's new excuse. It's
• 11:05
  Speaker 4: a story for everything in the world. You're just lazy.
• 11:09
  Speaker 4: Learn and now we have tragiguity. It's even much better.
• 11:14
  Speaker 4: The tools are there. We allerge but just lazy. It's content.
• 11:19
  Speaker 4: They love the dream of saying, Oh I want to
• 11:21
  Speaker 4: be this cool, do the work, do the work.
• 11:24
  Speaker 3: Yeah, So your YouTube, TV, YouTube and Google that's it everything.
• 11:28
  Speaker 3: So that that means obviously we're big on that. A
• 11:31
  Speaker 3: lot of people watch us on that. What are the
• 11:33
  Speaker 3: mistakes that you make?
• 11:34
  Speaker 4: Though?
• 11:34
  Speaker 3: Right, because if you're learning on your own, I'm not
• 11:37
  Speaker 3: sure if there's any mentors in the picture at this
• 11:39
  Speaker 3: point you're figuring things out. What are some of the
• 11:41
  Speaker 3: mistakes that you're making early on? Thousands of mistakes, ye
• 11:44
  Speaker 3: talk about those.
• 11:44
  Speaker 4: Oh I am the king of comebacks. I love doing mistakes.
• 11:49
  Speaker 4: It's the most fun thing ever because again you can
• 11:52
  Speaker 4: read about it, you can grow in class for it.
• 11:55
  Speaker 4: But nothing beats failery. Nothing beats failerity because like I
• 12:00
  Speaker 4: know what work form a second, because I did every
• 12:03
  Speaker 4: single mistake possit. You can you can do costly, very costly,
• 12:09
  Speaker 4: like millions of dollars of mistakes. But that's the whole thing,
• 12:12
  Speaker 4: Like you know, the difference, like I just didn't stop.
• 12:14
  Speaker 4: Otherwise I stop, it becomes a loss. So that l
• 12:17
  Speaker 4: could be a loss or could be a listening, specially
• 12:20
  Speaker 4: for me.
• 12:22
  Speaker 1: So let's go back to the geopolitical aspect of it.
• 12:24
  Speaker 1: Explain the difference with people that may not be familiar
• 12:27
  Speaker 1: between the UAE and America, because yet the system of
• 12:32
  Speaker 1: governance is different obviously from you know, when you have
• 12:34
  Speaker 1: a democracy with somebody votes for a president, where you
• 12:37
  Speaker 1: have a kingdom right and a lot of people in
• 12:40
  Speaker 1: the Western world have been trained to think that that
• 12:43
  Speaker 1: is not an efficient way to govern. You can have
• 12:47
  Speaker 1: a counter argument to that and say, you know, how
• 12:50
  Speaker 1: we look at democracy is not efficient. We just had
• 12:51
  Speaker 1: a government shut down. So talk about the differences as
• 12:56
  Speaker 1: far as government and how it's beneficial for entrepreneurs.
• 13:02
  Speaker 4: Each section of the the city, like say roads, resisting
• 13:09
  Speaker 4: and power supply, they are run as enterprises businesses, and
• 13:14
  Speaker 4: every year they have a competition privately owned, no governmental government,
• 13:19
  Speaker 4: and each year they are basically competing about who gets
• 13:22
  Speaker 4: the best customer happiness survey competition. And the people who
• 13:29
  Speaker 4: lose they get a month noticed and they get fired
• 13:33
  Speaker 4: if you don't fix your stuff agains. For example, I
• 13:39
  Speaker 4: think last month there was a power shortage in where
• 13:45
  Speaker 4: my house are. The government said hey, they might be
• 13:48
  Speaker 4: a shortage, so they get a generator outside the house
• 13:51
  Speaker 4: to connect the houses in case we have a shortage.
• 13:54
  Speaker 4: For example, that's like one more thing. You heard about
• 13:58
  Speaker 4: the golden in visa right to the Golden visa. Uh,
• 14:00
  Speaker 4: you know as an investor in the visa. Now they've
• 14:02
  Speaker 4: built an embassy for Golden visa holders. So if you
• 14:08
  Speaker 4: have a Golden visa in DUBAIU, if you have any
• 14:10
  Speaker 4: problem anywhere in the world, let's see you passed with
• 14:13
  Speaker 4: a story and they got the issue we can give you.
• 14:15
  Speaker 4: They give you a documentary, you can travel back to Dubai.
• 14:18
  Speaker 4: So you've been treated more better than your own country
• 14:21
  Speaker 4: in a lot of senses. Again, like the only way
• 14:27
  Speaker 4: for you to explain the bias to come to Dubai
• 14:30
  Speaker 4: because you think you're having good life. You think, so
• 14:33
  Speaker 4: it's not I look at the bios like Miami, but
• 14:36
  Speaker 4: cleaner and with no drugs and just better said, that's
• 14:41
  Speaker 4: the best sception Like Miami, same style, same cars, same
• 14:44
  Speaker 4: peoples on but like just cleaner or not drugs and
• 14:47
  Speaker 4: just better lifestyle and safer.
• 14:49
  Speaker 3: Safety is important. I think one of the things you
• 14:52
  Speaker 3: leverage and had vision in social media. Talk about having
• 14:56
  Speaker 3: a vision early on, because you're talking about fourteen years ago.
• 14:59
  Speaker 3: So it's really a out of Instagram and kind of
• 15:02
  Speaker 3: shaping the narrative of yes, Dubai tourism. But more so,
• 15:07
  Speaker 3: do buy family right because that's where your sweet spotty
• 15:10
  Speaker 3: is talk about watching that evolution over the course of
• 15:14
  Speaker 3: your expansion for the business.
• 15:16
  Speaker 4: Why business because we because we're almost the same age.
• 15:22
  Speaker 4: So there's a lot of guys like us who come
• 15:27
  Speaker 4: from nothing, you know, assessment of it, all of us,
• 15:31
  Speaker 4: so we didn't have the life that we have right now.
• 15:36
  Speaker 4: So now when we have children right now, you provide
• 15:39
  Speaker 4: you're over a compassing over bye because you want them
• 15:41
  Speaker 4: to have a hardship. So I realized that that made
• 15:44
  Speaker 4: the kids also leading their shopping and spending powers. And I, okay,
• 15:51
  Speaker 4: so why am I talking to them when I can
• 15:53
  Speaker 4: just talk to them and they will put the kids
• 15:55
  Speaker 4: and their families and they get their father and mother
• 15:57
  Speaker 4: who have spending power now to spend with me. And
• 16:00
  Speaker 4: that was the whole thing. So I made sure all
• 16:02
  Speaker 4: the videos are read. People haven't read fun. I think
• 16:05
  Speaker 4: we got four point nine stars on Google with four
• 16:08
  Speaker 4: thousand plus reviews. That only happens because you're good the
• 16:12
  Speaker 4: what you do. That's it And and why did with that?
• 16:16
  Speaker 4: Was something very very simple I always have to do
• 16:20
  Speaker 4: when you win. So okay, I saw my staff working
• 16:23
  Speaker 4: with the customers and my life guards, and I saw
• 16:25
  Speaker 4: them trying to do extragractic tips. It's ok hey, how
• 16:28
  Speaker 4: about this, don't get tips okay, asked the customer to
• 16:32
  Speaker 4: give a review for the water park and mentioning it right, okay,
• 16:37
  Speaker 4: And then every person who gets a review under the name,
• 16:39
  Speaker 4: I'll give you an amount of dollars almost ten dollars
• 16:43
  Speaker 4: almost And by the end of the month first month,
• 16:47
  Speaker 4: we've grew I think three hundred reviews. But my customers
• 16:52
  Speaker 4: had great service, my staff got tips, and they got
• 16:55
  Speaker 4: more money, and my business look better when you win.
• 16:59
  Speaker 4: Such as simple thing, because again, if I'm going to
• 17:03
  Speaker 4: buy a reviews that costs much more money, THENCE would
• 17:05
  Speaker 4: look like about it is really an incentive.
• 17:09
  Speaker 1: Talk about taxes you mentioned at the beginning, but really
• 17:11
  Speaker 1: break that down. That's something that's been on social media.
• 17:13
  Speaker 1: As far as there's no taxes in Dubai. Is there
• 17:16
  Speaker 1: no taxes? Is there taxes on a corporation? Like explain
• 17:21
  Speaker 1: that the actual.
• 17:22
  Speaker 4: So there's no income tax person person, no person tax,
• 17:27
  Speaker 4: there's no property tax, there's no photo tax. We have
• 17:32
  Speaker 4: five percent viity by attacks on goods five percent, and
• 17:36
  Speaker 4: there's a nine percent corporate tax that's on your profits
• 17:38
  Speaker 4: of your animal so us. Especially whereas you made a
• 17:41
  Speaker 4: special revenue. How much of that, how much of that
• 17:44
  Speaker 4: is your profit that is not percent? Listen, now, if
• 17:48
  Speaker 4: we compare apples and apples, the fees you pay for
• 17:52
  Speaker 4: certain government entities compared to what you get somewhere else
• 17:55
  Speaker 4: is cheaper. How much do you pay for insurance?
• 17:58
  Speaker 2: Health insurance?
• 17:59
  Speaker 4: Insurance?
• 18:00
  Speaker 2: Two thousand a month a month?
• 18:01
  Speaker 4: Look, God, for one person, me and my son, two people,
• 18:04
  Speaker 4: two people. Okay, that's so in a year, that's how
• 18:07
  Speaker 4: much twenty four okay, so for me, so three people,
• 18:12
  Speaker 4: I remember as well, three people will cost me around
• 18:16
  Speaker 4: seven hund dollars for the whole year.
• 18:17
  Speaker 2: For a whole year year.
• 18:19
  Speaker 4: But I will get private hospitals. I can walk to
• 18:22
  Speaker 4: any place right now, get my light tests, get a
• 18:24
  Speaker 4: blood test, get the X ray, get my immunication off
• 18:26
  Speaker 4: for free, private hostice. I don't have to wait a
• 18:30
  Speaker 4: month or two months for a dentist appointment in that
• 18:33
  Speaker 4: nonsense that's need this year, just walking again it same
• 18:37
  Speaker 4: day that's the one simple thing healthcare. So that's that's that's,
• 18:44
  Speaker 4: that's that other things like the money you might you
• 18:46
  Speaker 4: make staies with.
• 18:47
  Speaker 1: You So okay, if you're not, if you're not getting
• 18:51
  Speaker 1: tax revenue and you're getting free subsidies, how does that work?
• 18:56
  Speaker 1: Because like, if you're the government, tax is usually pays
• 19:01
  Speaker 1: for services.
• 19:02
  Speaker 4: Right suppose the government? Yes, supposedly, yeah, for sure, allegedly
• 19:08
  Speaker 4: allegedly that's what they're saying. Yes, you see your roads
• 19:12
  Speaker 4: at seeing my roads. No, that's why I'm acting.
• 19:14
  Speaker 1: So if there's no revenue roads, if there's no revenue
• 19:19
  Speaker 1: coming in from taxes, and school school is.
• 19:25
  Speaker 4: Free, you slip. We have two schools. They have private
• 19:29
  Speaker 4: schools and government schools. Private schools you pay them, but
• 19:32
  Speaker 4: if you compare them here in America, it's way cheaper here.
• 19:36
  Speaker 4: Government schools is free obviously, but there's different kind of education.
• 19:42
  Speaker 4: How do we make the money Because there's fees, there's service.
• 19:44
  Speaker 1: Fees, service fees on goods, product services. But again it's
• 19:50
  Speaker 1: a small country, so it's relatively regardless. That's still it
• 19:54
  Speaker 1: says the money managed properly when they give you know, hey,
• 20:00
  Speaker 1: we're doing this new bridge, this bridge is ready in
• 20:03
  Speaker 1: three for months, not two three years. In the same
• 20:07
  Speaker 1: we're building the metro in three years. Jeremy said, how
• 20:09
  Speaker 1: are you doing threes? Is possible nine years? It was
• 20:12
  Speaker 1: that in three years.
• 20:13
  Speaker 4: So that's the all the thing is the money is
• 20:16
  Speaker 4: managed properly. There's no bullshit, there's none of that. Not
• 20:18
  Speaker 4: since you have there is there? I mean, there's there's
• 20:22
  Speaker 4: two sides of that coin.
• 20:23
  Speaker 3: Right, Like we've watched when we talk about successfulve and speed,
• 20:26
  Speaker 3: that also leaves the door for error. Right, We've watched
• 20:29
  Speaker 3: recently other countries that had large scale projects that are
• 20:32
  Speaker 3: now saying that we're not gonna be able to create.
• 20:35
  Speaker 4: We'll leave those we'll leave their names out of it. Right,
• 20:37
  Speaker 4: Is it too ambitious?
• 20:39
  Speaker 3: And does it leave you susceptible to make mistakes that
• 20:44
  Speaker 3: potentially could be harmful because this is a place that
• 20:46
  Speaker 3: relies on tourism and people coming to invest and now live.
• 20:50
  Speaker 3: Does that come into the thought process anytime when you're
• 20:53
  Speaker 3: trying to expand.
• 20:53
  Speaker 4: Okay, so Dubai don't have oil. No oil, no, not
• 20:58
  Speaker 4: you guys. Dubai income is from tourism, important export and trading.
• 21:04
  Speaker 4: Just to clear it up, there's no oil in this
• 21:05
  Speaker 4: city whatever all it comes from, I would be the capital.
• 21:08
  Speaker 4: But that is the community that's different city. So the
• 21:11
  Speaker 4: but doesn't have that to buy. It's good in the tourism,
• 21:13
  Speaker 4: the trading important export, their free zones and all the stuff.
• 21:16
  Speaker 4: They're regular stuff. And again we have the infrastructures. Remember
• 21:20
  Speaker 4: coverleed days. Yes, okay, so you guys used to fight
• 21:24
  Speaker 4: for tissues remember remember that time that that was the time. Yes,
• 21:28
  Speaker 4: we used to have offers on tissues, offers, but I
• 21:33
  Speaker 4: think it's fire free okay. Hours for markets it was
• 21:37
  Speaker 4: not empty. It's nothing empty. There was never a sefe empty.
• 21:41
  Speaker 4: Logistics were good here. When they need to build these
• 21:46
  Speaker 4: hospitals for what they call them quarantine and stuff they built.
• 21:50
  Speaker 4: I think one of the hospitals that had eight thousand
• 21:53
  Speaker 4: beds was done in forty eight hours. With forty eight hours, Yes,
• 21:57
  Speaker 4: it was built with beds, all the machine means, nurses
• 22:01
  Speaker 4: and everything in forty hours. It took a big exhibition
• 22:04
  Speaker 4: hall and to a hospital. So that's the whole thing.
• 22:09
  Speaker 4: The management is different here. They have backup or a backup,
• 22:12
  Speaker 4: a backup. That's the difference. You know.
• 22:18
  Speaker 2: Real estate, Oh yes, we talk about real estate.
• 22:21
  Speaker 4: And powerful stuff. Dubai ui e regardless is just it's
• 22:27
  Speaker 4: not our stop it's just like you know what whatever
• 22:31
  Speaker 4: is holding you back, stop at because you need to
• 22:33
  Speaker 4: be part of it very quickly, because it's not slow
• 22:36
  Speaker 4: and down just to just go just going up. It's
• 22:38
  Speaker 4: just going up. Everything's going up. What's the percentage of
• 22:42
  Speaker 4: growth now thirty every year year on year thirty There
• 22:49
  Speaker 4: you go yearly twenty five percent yearly. It's it's insane.
• 22:54
  Speaker 4: Like I remember there was a villa our family member
• 22:58
  Speaker 4: was renting it, I think four years ago for one
• 23:00
  Speaker 4: hundred thousand. Now it's three hundred and fifty.
• 23:04
  Speaker 2: How is this system here?
• 23:05
  Speaker 1: As far as there's no mortgages right there mortgages mortgages
• 23:08
  Speaker 1: like America.
• 23:10
  Speaker 4: There's mortgages. But there's also payment terms because if you're
• 23:12
  Speaker 4: buying the actually, if you're buying an off plan, that's
• 23:15
  Speaker 4: good that because now you have no interest, you can
• 23:18
  Speaker 4: just pay the actually with the developer, so they just
• 23:21
  Speaker 4: pay payment terms until you received that. I think. Otherwise
• 23:25
  Speaker 4: you can pay cash directly the carepital. There's multiple ways,
• 23:28
  Speaker 4: but that's the best thing about So.
• 23:29
  Speaker 1: We're from New York, right, so I don't know if
• 23:31
  Speaker 1: you follow local geopolitical politics. But they got a new
• 23:36
  Speaker 1: mayor who's been elected. You know that, you know about that.
• 23:38
  Speaker 1: He's a socialist. The reason why he got elected is
• 23:41
  Speaker 1: because the city has become so unaffordable because the top
• 23:44
  Speaker 1: one percent but is doing extremely well, but ninety the
• 23:49
  Speaker 1: population barely surviving. So do you do you worry that
• 23:55
  Speaker 1: a city like Dubai can reach that level of it's
• 23:59
  Speaker 1: not sustainable after a certain point when every all the
• 24:01
  Speaker 1: billionaires from all over the world come in, but people
• 24:03
  Speaker 1: still need to work, right, so the workers are at
• 24:06
  Speaker 1: the bottom level, and then you have people that's worth
• 24:09
  Speaker 1: one hundred billion dollars at the top level.
• 24:12
  Speaker 2: That gap is so wide, yeah, that it leads to,
• 24:16
  Speaker 2: like you know, a not sustainable living situation.
• 24:21
  Speaker 4: Dubai is like an onion, and there's so many layers
• 24:24
  Speaker 4: and sometimes the layers on touch either. So yes, we
• 24:28
  Speaker 4: have I think this year we had almost ninety thousand
• 24:32
  Speaker 4: millionaires moved ready to Dubai, and I think twenty or
• 24:35
  Speaker 4: seventeen billionaires moved to Dubai already, so that space is
• 24:40
  Speaker 4: already packed. Good, amazing. Now nobody in the middle and low.
• 24:44
  Speaker 4: Now I can go right now and have dinner for
• 24:48
  Speaker 4: four of us and we can spend less than fifty dollars,
• 24:52
  Speaker 4: or we can have dinner together and spend at least
• 24:54
  Speaker 4: five hund dollars. So both levers are there. There is
• 24:57
  Speaker 4: affordable housing here. Different need more of that, but it's there,
• 25:01
  Speaker 4: it exists. There is ecosystems that basically all exists together
• 25:04
  Speaker 4: in that space. So there's levels and again it keeps it.
• 25:08
  Speaker 4: He's the thinking about Dubai. Dubai will show what you
• 25:11
  Speaker 4: are or are burned out, doesn't burn out you. Your
• 25:16
  Speaker 4: true class came out. If you're good, you're good. If
• 25:18
  Speaker 4: you're bad, now know how bad you are. So again,
• 25:22
  Speaker 4: this city keeps you comparitive, keeps you very strong, strong.
• 25:26
  Speaker 3: Thirty four water parks for now, For now, I'm gonna
• 25:30
  Speaker 3: have I mean, already has the largest water park in
• 25:32
  Speaker 3: the world. We'll have it again, and we got to
• 25:36
  Speaker 3: get bigger. Ninety one businesses. No, now I have nine businesses,
• 25:41
  Speaker 3: nine one investments, investments. I'm sorry, ninety one investments, nine businesses.
• 25:47
  Speaker 3: In my head, I'm thinking, how are we running operations
• 25:50
  Speaker 3: on the day to day? How involved are you in
• 25:52
  Speaker 3: or do you have CFO cmos is the structure the
• 25:55
  Speaker 3: same different statues.
• 25:58
  Speaker 4: Some I'm very up in daily things because again most
• 26:02
  Speaker 4: of my zoom calls are under twenty minutes. Most of
• 26:06
  Speaker 4: them calls with my teams intentionally, Yes, why it doesn't
• 26:10
  Speaker 4: take that long to understand what you want? I know
• 26:12
  Speaker 4: what I want. Spend many points quint to thy four,
• 26:14
  Speaker 4: give me point points. What's happening? Was going on? What stutions?
• 26:17
  Speaker 4: Do you have these problems? And then I pick from
• 26:19
  Speaker 4: them quickly. I wake up early in the morning, I
• 26:23
  Speaker 4: go to my gym, do my workhouse done, and I
• 26:25
  Speaker 4: go to my beach and just go see everything and
• 26:26
  Speaker 4: the beginning, make sure everything's done the way what we do.
• 26:29
  Speaker 4: Then let's go first office, second office or zoom calls.
• 26:33
  Speaker 4: I try to keep things all in the same geographic
• 26:36
  Speaker 4: space so I don't have to drive it too much.
• 26:38
  Speaker 4: That's what today was a bit technic, But like usually,
• 26:40
  Speaker 4: I do all the things in the same space. So
• 26:42
  Speaker 4: my businesses, offices and my penthouse all in the same space,
• 26:47
  Speaker 4: so don't have to move too much. Because again time
• 26:50
  Speaker 4: is a very big factor here, so my day is
• 26:52
  Speaker 4: always structured like in the tea, so there's no bullshit.
• 26:56
  Speaker 4: In a few ten minutes fifteen minutes late in one meeting.
• 26:59
  Speaker 4: I can't see meting because I can't because you over
• 27:02
  Speaker 4: up to somebody else. Today they had like a seven
• 27:06
  Speaker 4: hour shooting, so it was just like twice before hours
• 27:09
  Speaker 4: became seven hours. It's okay, everything else had had to
• 27:11
  Speaker 4: be canceled. It's very structured.
• 27:15
  Speaker 2: It makes sense.
• 27:16
  Speaker 4: But I don't have days off. I don't understand those
• 27:19
  Speaker 4: off like I still now. I do eighty two hundred
• 27:23
  Speaker 4: hours a week.
• 27:25
  Speaker 1: That still to talk about your branding because you're obviously
• 27:29
  Speaker 1: branding yourself because you aquaman on your sleeve.
• 27:32
  Speaker 2: Yeah, you have a necklace like a rapper.
• 27:34
  Speaker 4: You have a necklace on like you know, so it's
• 27:37
  Speaker 4: all mine. It's about slight difference, slight.
• 27:42
  Speaker 1: So so talking you're obviously intentional about how you want
• 27:45
  Speaker 1: the world to see you, the image that you're putting
• 27:46
  Speaker 1: out there. They you're doing the show with Netflix, so
• 27:49
  Speaker 1: you're not like a behind the scenes guy. It doesn't
• 27:51
  Speaker 1: seem like that, right, talk about talk about that, Talk
• 27:54
  Speaker 1: about your intentionality with your branding.
• 27:56
  Speaker 4: You need to be very purposeful and very intentional every
• 28:00
  Speaker 4: single thing you do, everything you say or do anything,
• 28:03
  Speaker 4: because there's three differens. When people can When you meet people,
• 28:06
  Speaker 4: they will see you, they will smell you, they will
• 28:07
  Speaker 4: hear you. You need to look good, you to smell good,
• 28:11
  Speaker 4: and you know what you talk about. It's a very
• 28:13
  Speaker 4: important things. I understand the power of personal brand very
• 28:16
  Speaker 4: very well because again there's it gets. It creates rapport.
• 28:21
  Speaker 4: People know, I've seen you video somewhere, I relate to
• 28:24
  Speaker 4: what you said about this topic of that topic. So
• 28:26
  Speaker 4: it takes away that whole fluff of when you meet somebody,
• 28:30
  Speaker 4: people know I've seen you. I like you, especially if
• 28:33
  Speaker 4: you if you're authentic and if you read and you
• 28:36
  Speaker 4: say there are things people relate to it. You know
• 28:38
  Speaker 4: when you're really and when other people understand you and
• 28:41
  Speaker 4: wa to you very fast, So that's very important. It
• 28:44
  Speaker 4: brings a lot of brands together collaborations very quickly. And
• 28:49
  Speaker 4: again like you know, why not look good? Why not?
• 28:55
  Speaker 4: It's like, you know, God blesses me with like you know,
• 28:57
  Speaker 4: I work so hard, I got the money. We enjoy
• 28:59
  Speaker 4: it when I keep it in the grave with me.
• 29:02
  Speaker 4: Enjoy it now.
• 29:04
  Speaker 3: One of the things I've been educated on since being
• 29:06
  Speaker 3: here is this license plate situation.
• 29:08
  Speaker 4: Yeah, it humbling, isn't it?
• 29:12
  Speaker 3: Can you explain to the to the version ere the
• 29:16
  Speaker 3: person that hasn't heard about this, I saw the there's digits.
• 29:19
  Speaker 2: Now we come from a.
• 29:20
  Speaker 3: Place where your license plate is your license plate and
• 29:23
  Speaker 3: you might transfer that from because there's a cap there.
• 29:25
  Speaker 4: There's a totally different meeting here. Yeah, because you know
• 29:27
  Speaker 4: when you say out of money, there's a purpose behind it,
• 29:30
  Speaker 4: because okay, having a G class, okay, having faia cool,
• 29:35
  Speaker 4: having okay cool, But then okay, how do you show
• 29:38
  Speaker 4: more than I whip you? Now comes to this new
• 29:41
  Speaker 4: it's only this part of the world thing. It's like,
• 29:43
  Speaker 4: you know, plate numbers, so if it's one digital digits,
• 29:46
  Speaker 4: it's more expensive. So sometimes a one digit plate number,
• 29:50
  Speaker 4: let's say a A five for example, that one went
• 29:55
  Speaker 4: out for fifteen million dollars fifteen million for one digit.
• 30:00
  Speaker 4: You know, so that's the whole thing. You know, it
• 30:02
  Speaker 4: becomes an asset. It's a new category of assets to
• 30:07
  Speaker 4: show who you are exactly.
• 30:09
  Speaker 3: So when I moved to Dubai, I need to have
• 30:12
  Speaker 3: at least.
• 30:12
  Speaker 4: Let's move first, and we're talking about baby steps first time.
• 30:18
  Speaker 4: We're talking about a lot of no five digits.
• 30:22
  Speaker 1: Well, thank you for your time, Thank you for having me. Boys,
• 30:25
  Speaker 1: Thank you for your time. I appreciate it. My success
• 30:27
  Speaker 1: to you too,