Latest / OneLegUpAlex Media / Eric McHugh, President of ShopXLabs Joins Alex Garrett 5-2-24
Transcript
- 0:01Here's your host, Alex Darren. All right, well, I have a
- 0:05very enthusiastic guest on my line. I mean he reached out to me on
- 0:09podm Edics and let's meet up, and I said, sure so, Eric
- 0:12Mchughe thanks for taking the queue on my podmatch and joining me tonight. You
- 0:17are on the CEO shop x Labs and so tell us a little bit why
- 0:22you join podmatch and also thanks for joining me. Tell us about your brand.
- 0:26Sure, hey, Alex, I really appreciate you having me on,
- 0:29and overall my goal for podmatch see podcasting I suspends spread as much positivity as
- 0:35possible. In terms of companies, I have two companies I'm working with.
- 0:39The first is shop x web three e commerce. We help brands monetize on
- 0:43web three. And the second is dotta inga that's the first ever AI power
- 0:47matchmaking service. Do you find that a tough thing in the world that AI
- 0:52might actually help? I feel like everybody's struggling on the dating apps, right,
- 0:56Oh yeah, I know the dating apps. I can take explain to
- 0:58you. Why so with the dating apps like Tinder, Hinge, the League,
- 1:03all of those, there are three main issues. The first is the
- 1:07top five percent of users get access to everyone on the app, creating a
- 1:11screwed marketplace. So a lot of times you on the data app, you're
- 1:14not even seeing most of the profiles. The second issue is it's all physical
- 1:19based, let's be real tenders hot or not, so it's hard to build
- 1:22a physical, authentic connection based off of that. And I think the third
- 1:26and most interesting issue is their incentive structure. So if you think about it,
- 1:30logically, if Tinder were to match a happy couple on the app,
- 1:34the happy couple then leaves the app, well hopefully hopefully they leave the app,
- 1:38and then Tinder then loses a paying customer Tinder and this incentivizes something called
- 1:45turn marketing, so they want to keep you on the app and sort of
- 1:47like a Ferris Feel Ferris Feeld type thing. So if you ever hear about
- 1:51some deleting an app, down the app, deleting the app down the app,
- 1:53that's all the incentives baked in. Well, you know it's amazing because
- 1:57Hinge had a great campaign one saying, how you know, we don't want
- 2:01you on the app forever? Right? That was their goal. But I
- 2:05guess some apps are always trying to keep you there, somewhere or the other.
- 2:08But do you find dating apps are rooting for that happy ending or do
- 2:12they not want that happy in I think the people at the dating app are
- 2:15I think most people are generally good people, so I'd assume that people working
- 2:20at the dating app probably want to match people, but the overall company incentive
- 2:24structure is to keep them on the app. So, for example, if
- 2:28Tinder is working with Golden Sacks, if Golden Sacks loses money every single time
- 2:31that they match a happy couple, they leave the app. It's the overall
- 2:36and centive structure for that app will be to keep people on the app.
- 2:38And I can tell you that most apps are owned by Match dot Com,
- 2:43so I think they're trying to keep people on the app, whether whether it
- 2:46be consciously or subconsciously. You're in LA. How's the uh? How's dating
- 2:53scene? I mean, I'm sure I don't know what your your dating life
- 2:55is like? But did you find it tough? Is that why you joined
- 2:59these mission? Because you found your help yourself? No? So, I
- 3:02mean I've been on both side the spectrums. So I've been on getting matches
- 3:05and then recently I started getting all the matches. So it's Benchell, So
- 3:08I can I can speak from both sides. I personally like dating and I
- 3:13personally like approaching people in person. I've had the best luck with that,
- 3:16much more than the apps. But I figured people are gonna if people are
- 3:20going to meet the apps, might as well have a good one for another
- 3:23chance to find that authentic connection. So I have my issues with AI.
- 3:27I don't always know if it's gonna be the right result. I know they're
- 3:30trying to do AI in different scenarios, right, whether it be law,
- 3:34whether it be even in driving. I mean, Tesla's having some issues with
- 3:38their powered car. But how does AI work? How do you work AI
- 3:43to be successful in your field? Yeah, so I view and I also
- 3:46have entries with AI. So like I view technology as a completely neutral thing.
- 3:51So I think AI can be used for bad, and I think AI
- 3:53could be used for good. So let's use an example. Let's say someone
- 3:55has because what AI is, look at its core, AI is really patterned
- 4:01recognition at scale. So let's say AI gets ahold of all the medical data
- 4:05records in the United States. They could do two things. They could be
- 4:10good, they can be bad. They could scan all those data records and
- 4:13then they can find patterns to protect diseases, and then they can warn those
- 4:15people about diseases, saying, hey, you may want to check this out
- 4:18or start treatment or do whatever you need to do to get ahead of this.
- 4:23Or they can use those same medical records to find those people of diseases
- 4:27and then call those people and then use it to scam. And again it's
- 4:29ais A technology is neutral, but how people use it is up to them,
- 4:33and that's what Dottne tries to do. We try to add a positive
- 4:36spin on AI. So what we do is we auto generate profiles for you
- 4:43based on your digital footprin ak, your social media, and then we create
- 4:46matches based on other people's social media. So for example, I could get
- 4:50three matches Ashley Kimberly Jane. Jane seems interesting, So tell me more about
- 4:57Jane. Okay, she connected her Facebook. She's the youngest, the oldest
- 5:00that our pattern recognition recognition software says that works well. Oh, she connected
- 5:04her to LinkedIn. You both went to a four university insite psychology. Oh,
- 5:08she connected her to Instagram. You both tag a bunch of national parks.
- 5:12Oh did you know that you both connected your Spotify. You both follow
- 5:15this one particular artist on Spotify. Would you like me to suggest the concert
- 5:19date with Jane for this artist? Then Jane gets the request. She sees
- 5:24my profile, so she sees my digital footprint, so she can that adds
- 5:27comfort on the woman's side, because that's important, and she either clicks accept
- 5:30or deny. Let's say if she accepts, we fall in love, we
- 5:33get married, and then from there it's able to actually function as a relationship.
- 5:38With Butler, so, hey, you guys haven't been on data in
- 5:40two months. Some the place he had your second day has half off sale
- 5:44of ice cream or something. Would you like me to make a reservation and
- 5:46book a babysitting service for your kids? Great? Or it's like, hey,
- 5:50her birthday's coming up in two weeks, you want to miss this?
- 5:54She just added this item to her Pinterest board. Would you like this might
- 5:58be a good gift type thing, so it can really help actually goes into
- 6:02like, well, I mean after the relationship then begins basically yeah, So
- 6:06it's our incentive structure. So how dotting makes it, how we're gonna make
- 6:10our money is if someone likes our app, they plan the date within the
- 6:15app, then they paid for the date within the app, we would get
- 6:18a commission from more dates planned some more happy couples. We make the more
- 6:24dates. If they like the app, if it's suggesting good dates, still
- 6:27use the service, and if it's not suggesting good dates, they will just
- 6:30plan it themselves. Interesting. I like that now, another reason why I
- 6:33booked you. Now that I'm looking at your pop match profile as well as
- 6:36you've got an IQ of one. Am I reading that right? So do
- 6:41you find that? Do you find that AI is trying to beat you in
- 6:45the knowledge field but you have done? Oh? Yeah, no, yeah.
- 6:48First of all, I think I think i Q is a pretty dumb
- 6:50I don't IQ. I don't think it's a good metric. I just had
- 6:53to take a test a while back, and I think emotional intelligence is much
- 6:57more important than an intellectual intelligence, so like is more important. But in
- 7:00terms of AI, oh, it's already gonna beat me, like, there's
- 7:04nothing I can do to match AI. But I don't think it has that
- 7:08human soul or it has that human creativity. So that's why I think both
- 7:13like AIS think is like bots humans as humans, but like a cyborg.
- 7:17That's when AI and humans really work well together. So for example, like
- 7:21if I were to write a call, like let's say I'm using AI to
- 7:25design a graphic or a logo, I have to give it the general outline
- 7:29and then I can optimize it. Or if I'm using it to write copy
- 7:31for emails, I'll never send it out without like reviewing it myself. And
- 7:38in terms of human creativity, I think people can really pick up when someone
- 7:42put their heart and soul into something. So that's why when you look at
- 7:44beautiful piece of art, a beautiful piece of architecture, like oh, you
- 7:46feel good because it's high vibe. Whereas if you look at the same piece
- 7:49of art and like a copy or picture, you don't get the same thing.
- 7:53Because people can pick up on authenticity either subconsciously ubconsciously, so AI can't
- 7:58replace that. You know, I'm looking to at your profile and my goodness,
- 8:05it seems like you're a very grounded person. You talk about being in
- 8:07the present with all your different mantras mottos. Tell me about how your present
- 8:13feeling. You know, that grounded mindfulness every day helps you become you know,
- 8:20get in that role of CEO every day and whatnot. In the stressful
- 8:22day, right, So how do you get grounded through that? Yeah?
- 8:24So the cool thing is I don't really experience stress, and then maybe I
- 8:26don't experience stress because of meditation. So I have a pretty deep meditation practice.
- 8:31I went to a ten day Noble Science Joshua Tree of Impossible meditation thing
- 8:35and that was transparent, that was beautiful. So every day, so what
- 8:39you do is you just it's the method of Booty us to reach enlightenment.
- 8:41So the first three days you focus around the area around your nose. You
- 8:46start to pick a different sensations, and then you scan your body back and
- 8:50forth, over and over again. And what this does it extracts the traumas
- 8:54that are stored in your body. And once you extract enough negativity, you
- 8:58become a positive degenerator. So I started every morning, I like about four
- 9:01to twenty because I find it's funny. I start some meditation, do some
- 9:05community work, go to the gym, and then I start my day.
- 9:09But in terms of the present moment, I mean, there's no real reason
- 9:11to not be in the present moment. If you're in the past, what
- 9:15can you do about the past? I mean, obviously learn for the past,
- 9:16but then you're living in regret. If you're living in the future,
- 9:20that creates anxiety because you're just creating situations that haven't happened yet. Like and
- 9:24for example, if I'm let's say you have a business meeting, Like let's
- 9:26say you have a stressful like presentation or a business meeting tomorrow, and you're
- 9:30stressing about it the whole day. What's happening internally is your body even because
- 9:35you're thinking about it, they think it's how your body thinks it's happening right
- 9:39now. So you're producing stressed chemicals, which are not good for you long
- 9:43term, as opposed to if you're producing chemicals of calmness. So there's that
- 9:48reason too. So and again like the present moments all we have, that's
- 9:50where the real magic happens. That's where all the infinite possibilities are. So
- 9:54might as well focus on that. Well, I see the time about data
- 9:58ing, but also at the head of you buy a ways about Shotbeck.
- 10:01So when you come on these different things, when do you like talk about
- 10:03more? I feel like you got a passion of the data, but tell
- 10:05us about shoppecks a little more. Yeah, No, And to be honest,
- 10:09I like talking about whatever those like talking about, so whether it be
- 10:11spirituality, meditation, because obviously I'm in a very good I'm in a very
- 10:16fortunate place where I have two buzzwords under my belt, like AI dating and
- 10:20web three commerce. Usually the host likes to pick one of those two,
- 10:26but shop X I'm a bit scrambled, as you can tell. So I
- 10:30like to go from one thing to another because I feel like, you know,
- 10:31if I'm going to interview someone, get the most out of them as
- 10:35much as they want to share. So I like talking about whatever adventures you
- 10:37got going on right now. I think we're I think we're the summer because
- 10:41I also slid adhd where I just jump around, which is why it's nice
- 10:43to do two companies, because it's like I'll do one shopex test in the
- 10:46day and then go to dating and then back forth and back and forth and
- 10:48just really what comes up. So shots because of the conversions, and so
- 10:54for me as an affiliate marketer, right yeah, I find it tough to
- 10:58get that conversion up even with this podcast, Like all right, I could
- 11:01shared it till I'm blowing the face, but that doesn't mean that ever it's
- 11:05going to download it now luckily I have it for the forty thousand downloads in
- 11:09ten years. Just good. But Eric, when I when I look at
- 11:13increasing conversions, my eyes light up because I'm like, yes, how do
- 11:16we get there? How do we do that? Is it? Is it
- 11:18the in your face mentality or is it individual sharing that I should do more?
- 11:22What do you suggest? I don't know. I mean it really for
- 11:26podcasting, you just have to keep going along. And the cool thing about
- 11:28podcasting is everyone's on the same podcasting team. So, for example, I
- 11:33think podcasting is a very powerful relationship. Like and what I mean by that
- 11:35is I wouldn't be on this podcast if it a beteficity, but you wouldn't
- 11:37helst me if it didn't benefit you. So let's say we do our podcast,
- 11:43I post about it. That draws attention to your my urt conversation,
- 11:46which I hope people listen to, and then maybe one of my audience they
- 11:50like your podcasts, they like what we said, and them they go down
- 11:52the deep dive on your podcast, they find out their guests, and then
- 11:54it's a whole sharing economy and advice versus when you have other people on your
- 11:56guests. But what should sharing economy yeah, No, I like we're sharing,
- 12:03we're sharing attention. We limit the attention to economy, and we're sharing
- 12:05attention in podcasting. Plus, I also think of it this way as my
- 12:11goal for podcasting is my goal is to get voice voice content out there in
- 12:18the ether. So my audience isn't your audience or is in my audience.
- 12:22I think in my audience has the boughts on the Internet. So once we
- 12:24post this podcast live, there are going to be interebots that scrape and archived
- 12:30every second of our conversation. They'll listen to the whole thing, and then
- 12:33it's out in the cost of records of the ether. So hopefully once me
- 12:35personally, once Web three heats up and people research what is web three,
- 12:39they find the clip of a podcast I ball, and they find a podcast,
- 12:43maybe listen to the whole conversation, and that creates a funnel towards shop
- 12:46X, which also creates a funnel towards DOTK. And that's why SEO should
- 12:50not be ignored. Meaning the descriptions. I believe for the descriptions, and
- 12:54sometimes I just posted if it's my own view, I don't really do the
- 12:56description. But if I have a guest, you're in your websites. The
- 13:01back links are also aside that those back links are super super helpful, dude,
- 13:07It's like it's like a descriptions of the cooling on podcasting. Is you
- 13:09guys posted that, like not just one place, that's often on a bunch
- 13:13of places. So like, did those back links? They're they're hard to
- 13:18measure, but they're so helpful, Oh my god, they are. And
- 13:20then when I type in my name, actually I can literally find a podcast
- 13:22I'm looking for because of the cash or whatever you want to call that.
- 13:26Now, let me ask you this. When I think of web three,
- 13:30I do think of coding. Did you get did you did you do coding
- 13:33as well when you were, you know, in college and whatnot? What
- 13:35brought you to the tech world? So what brought me to tech world is
- 13:39just just whatever happens happens, Like I didn't plan to be there. So
- 13:43what brought me to the tech world is more of like the entrepreneurship world.
- 13:46So my overall goal was live a nice, peaceful life. I found that
- 13:50more difficult to do if the money system was corrupt. That led me to
- 13:52physical gold and physical silver house solution, which led me to bitcoin, and
- 13:58shop x is a way for me to scale that to users who are into
- 14:01the space. And so at a point in time, I was working as
- 14:05a bankruptcy consultant, which didn't alignment with the ethos of bitcoin. I quit
- 14:11that job and started going to cryptocurrency meetups because I knew that's where I wanted
- 14:15to work at. I met the original shop x team. We've been building
- 14:18shopecks ever since. And on top of that, we also started another SaaS
- 14:22platform called kark Rev that did pretty well, got VC funded. It no
- 14:26longer exists, but and dot seeing works with the three because a couple of
- 14:31years back, out on a crypto podcast tour promoting shop x, I went
- 14:35on this one call. I went on the one called This Crypto Economy.
- 14:37I kept in touch with the host, his name is Mark Every and then
- 14:41a couple months later, this dtting company started following me. I'm like,
- 14:43oh, this is funny. We hoped on a call, and then we've
- 14:46been building that ever since too. So they all kind of wrapped together,
- 14:50just like everything else. All right, Well, I see another buzzword on
- 14:54that profile of yours on pod match, and those on pod match definitely connect
- 14:58with Eric, I can tell these a lot of ideas he wants to tell
- 15:01the world right now as a third year old, you want it out out
- 15:03there. I could just tell you want this you but I know it's the
- 15:09buzzword that I know and you've probably seen it. Adapting in my podcast.
- 15:11One of my subsetses adapting with Alex Skartt. So you adapt what you're doing
- 15:16at Shotbecks with what you're doing at dating or separate? Like, how do
- 15:22you adapt both of them? Yeah? I know they're both they both both
- 15:24hold on. So basically what a hold on is it's like two individual parts,
- 15:28but they're stronger together. So what I'm learning at Shopbecks is applying to
- 15:33dotting and what I'm learning one of the learning at dotting is applying to dotting
- 15:35and all the attention we get from shot backs people find dotting and vice versa.
- 15:39So it works well for both companies. And say that again, daunting.
- 15:43What is the term you're saying? Dota inc. So it's dat Data.
- 15:48Yeah, that's it. Now, you didn't come up with that name
- 15:52because you joined the company, right that? Or did you create? No,
- 15:56the name was already sentenced down. Tell me about being onentrepreneur. Do
- 16:00you find that because to me and maybe I gotta say, I've seen the
- 16:03occupy sure on. So I feel like maybe back in the day when when
- 16:07you felt while she wasn't doing well for everybody, entrepreneurial spirit was kind of
- 16:11killed, wasn't it. So how do we get that back up? How
- 16:14do we get the entrepreneur scenario spirit back up? I feel like we got
- 16:18to and in this time. Yeah, no, I think it's coming too.
- 16:22So I think we're entering an age of abundance as humans. I think
- 16:25the rise of the vibrational skill, which is a good thing. And I
- 16:27think entrepreneur is the most rewarding, the most fun profession. And the reason
- 16:32as follows. I think people are happiest when they're serving other people. And
- 16:36I thank God the creator of the universe. I think they are he or
- 16:40shere whatever you're gonna call that consciousness. They give each of us individual gifts.
- 16:44So I'm the best Eric McKee in the world. If you try to
- 16:47do me, you can't beat me at being me. But on the flip
- 16:48side, if I try to do you, Alex, I can't beat you
- 16:52at being you because you're the number one. You in the world. So
- 16:55if we know we're the number one person in the world, apping ourselves and
- 16:57our happiest status every other people, how do we best serve the most other
- 17:03people? We had to follow intellectual curiosities and use those skills to serve the
- 17:08collective. And if we do that, that's how we add the most value.
- 17:11And I view money as a neutral thing, so I think they're a
- 17:15good way for one hundred percent believe in karma. I think if you do
- 17:18bad, bad things afteing you, if you do good, good things happening,
- 17:19it's not that complicated. So I view money as neutral. I think
- 17:22if you make it, if you want to make unlike I would like to
- 17:25make a lot of money, be nice. So if I want to make
- 17:26a lot of money and I add tremendous amount of value to everyone in the
- 17:30world, then I think that's good too. And I think cryptocurrency and bitcoin
- 17:33specifically help them leash the inner entrepreneur at a incentive level, because think about
- 17:40it logically, right now, if I want to get rich without making adding
- 17:45any value to people's lives, how do I do this? I place myself
- 17:48right next to the money printer, like aka the Federal Reserve as they print
- 17:52money, stealing from me, stealing from you. I extract as much money
- 17:56as I can, and then I give it to my friends, contractors,
- 18:00give it to my fellow followers. Friends, we get it. I get
- 18:02a high place in government. And then what happens. I bring my two
- 18:04friends. Now there's three of us, we have the money, and then
- 18:07the three of us because we had the back of the law being the money
- 18:10printer AKA right there, we'll defeat the non corupt people. So now there's
- 18:12six and that problem just kind of persists, and it corrupts the incentives of
- 18:18people. But in a big coin, I'm talking about the I feel like
- 18:22we're talking about the game Stop situation where the game Stop stock just kept being
- 18:26bought and risen. I mean, that whole thing. What you're talking about
- 18:29feels like exactly what happened, right They bought in the game Stop and it
- 18:32rose the stock right similar But the game Stop that was that was an interesting
- 18:37situation. I forget the guy's name, like get in something, get in,
- 18:41but that was a funny movie, good time. And then of course
- 18:45I had the protests outside the stock exchange. I was a part of what
- 18:49you're talking about though, is it's sort of robbing from you know, what's
- 18:56the term Ryan Repeter to give it to so and so. Right, So
- 19:00I also believe in capitalism, how do you do you believe in the capitalist
- 19:04structure as well? Because obviously you have to make the money, so there
- 19:08is some capitalism involved. So how do you balance it out those feelings versus
- 19:12making the money if you will? I think capitalism is core is producing value
- 19:18for people and then you make money that way. Right now, we have
- 19:21a corrupt version of capitalism where it's like, how do you make as much
- 19:23money as possible? You just kind of steal from everyone, where in the
- 19:26idea of form capitalism you make money by adding value. And I think bitcoin
- 19:30fixes this because let's say we're living in a bitcoin or cryptocurrency world, and
- 19:34let's say Alex I want your bitcoin. How do I get your bitcoin?
- 19:37I can inflate it away from you. I can't take it from you.
- 19:41I have to produce something of value for you, and then you voluntarily give
- 19:45them my bitcoin. So if I'm trying to make as much bitcoin as possible,
- 19:48the only way to make a lot of bitcoin is to produce a lot
- 19:52of value for a lot of people, and then I would make a lot
- 19:56of bitcoin in that case. And that's the base incentives for not just not
- 20:00just you, but everyone in the world. So like, if a kid
- 20:02in India wants to produce value, how does he do this? Again going
- 20:06back to the original statement of we all have an individual gifts, I mean
- 20:08like to serve other people. His way of serving other people and his gifts
- 20:11are different than mine. So if he's trying to make as much money as
- 20:14possible, the best way to do that is produce value for a lot of
- 20:15people. He'll come up with a different solution than me. I'll come up
- 20:18with a different solution than you. And listener A, B and C.
- 20:22They' all of different solutions, but they're all working to help other people,
- 20:26and they're all working freely and independently. And if we're all thinking that way,
- 20:29will collectively rise versus if I'm scheming up versus another. Situations like we're
- 20:34all like me, you, the can India, person A, B,
- 20:37and C. We're all like, we want a piece of the pie.
- 20:38How do I scheme Alex's pie? Does? And then you're like, oh,
- 20:41how do I scheme Eric's pie? The ken Indian's like, how do
- 20:44I get both their pieces of the pie? Instead of creating a bigger pie
- 20:48for everyone, they're fighting over port pieces of the pie. And let's say
- 20:51in that example, I become corrupt. I'm like, okay, I'll take
- 20:53money from the lobbyist or now going to have a distinct advantage over the rest
- 20:57of you. And the only way you can compete with me is to do
- 21:00something equally shady, and then that just results in nothing good for everyone.
- 21:06I feel like what we we're talking about it is sort of like when when
- 21:07Congress, what you're talking about is sort of what Congress did right, so
- 21:12that the lobby isn't then the inside trading and they got long yeah, garbage
- 21:18they do. There's pain because I am concerned though, because I feel like
- 21:22my money gets vacuumed out if I put my money in bitcoin and I don't
- 21:26see it ever again, and bitcoin has crashed. So, uh, do
- 21:30you find that what you're doing is helping bitcoin not crash? In other words,
- 21:34so I think bitcoin at its core, and yes, it's super volatile,
- 21:38it's getting less and less volatile the longer it stays. But that's just
- 21:42the nature of a new technology. So the way I look at is like,
- 21:47I'd rather have volatile up like because it's trended is up like it's what
- 21:49it's like sixty thousand, but zero like fourteen years ago. So but there's
- 21:55twenty percent of drops here and there, which is which can be kind of
- 21:56nervous. But I'd rather take volatile how upwards versus guaranteed downwards. So if
- 22:03you think about when the Federal Reserve came to play, which is like I
- 22:07think nineteen thirty seven, the US dollar has lost over ninety ninety percent of
- 22:11its value. So I'll take the volatility upwards versus the guaranteed downwards. And
- 22:17I think and of course bitcoin is volatile a lot of the reasons because there's
- 22:21not too many people and then network compared to other networks. So the more
- 22:23people we get in the network, the more stable gets and eventually it all
- 22:26flap line. So if shop X is on board of the masses into cryptocurrency,
- 22:32that's the way we can help. I see that one of the missions
- 22:34for shopbecks is to turn turn you know, turn maybe even profits into customer
- 22:41engagement TuS. That's about the mission of shop decks. If I'm reading that
- 22:45correctly. Yeah. So the overall mission of shoppex is to onboard cryptocurrency to
- 22:51the masses and offer create an create accurate incentives for people to want to enter
- 22:56the space. So there are two main reasons cryptocurrency isn't a don't do it
- 23:00right now. The first is a the UI UI for the average user,
- 23:03like I can't send my mom to purchase a cryptocurrency product other than like coinbase,
- 23:07it just won't work. So as more and more major brands into the
- 23:11space, more capitainers of the space, they fix that problem. And the
- 23:14cool thing about Web three is it's composable essentially, meaning it's compunitive, just
- 23:18software built up. We build off each other. But what that means is
- 23:21pretty much just copy and paste. So when someone figures out a solution,
- 23:23people copy of that and then then everyone figures it out and the soul system
- 23:26becomes anti fragile. The second reason is the incentive structure. So like my
- 23:32mom, she has no reason to end to the crypto corencry is like why
- 23:33would I care? And I'm like, Mom, you won't. But if
- 23:37we're offering e commerce brands incentive to ento the space, if her favorite brand
- 23:41let's say Sophor is using shotbacks. The product they produce is offering like a
- 23:44twenty percent disk, kind of a cross specific products. If she wants that
- 23:48discount, and then she can purchase the NFT pass and then that's a reason
- 23:52for her to enter the space. Now does that mean normalst like I feel
- 23:56like marketing where you get a link and you share it out to your your
- 23:59masses if you will, and you get the discount just by doing that,
- 24:00or does it a different field. I'm talking about a different field. So
- 24:06it's more so you have a pass and you gain specific benefits to whatever the
- 24:10brand aside. So let's say the brand. I'll use Fox TV since our
- 24:12biggest client, they have a show called carpoplis. If you own a crap
- 24:15Chicken NFP, you got exclusive access to discounts on the merchandise. So you
- 24:22get exclusive content, you get a vote on stuff on the show, your
- 24:26show, your craft chicken mashop in the shows. Because it creates a connection
- 24:30between the creator and the consumer. So in terms of affiliate marketing, that's
- 24:33what our That's what the other start up actually did. It replace the fill
- 24:36links with one singular link, So that was what that was is like,
- 24:40imagine you get one link alexcarbon dot com slash Alex. You can add all
- 24:45your products to one links and not just a Nike dot Com slash Alex and
- 24:48Adidas dot com slash Alex. You could add Nike and edid us to your
- 24:52specific link. And then you could and then me as a customer, I
- 24:56can be Okay, I like Alex's vibe. Well, let me purchase these
- 24:57two products from one check out. So that kind of replaced the affiliate links.
- 25:03Can you tell me? Too many different links from different organs and it's
- 25:06confusing people, basically correct. So that's that's what that's what we sold in
- 25:10the past. And another issue, and I know this personally because I work
- 25:12for the Philliate programs, is the attributions on the filid links aren't They're not
- 25:17accurate. Like I could go through your link, someone else will get the
- 25:19sale. And I know this because I can I ruin this. We've we've
- 25:23had people just sign up like next to each other's like use this person's link,
- 25:27and then the sale shows up on someone else. So so the whole
- 25:30attributions back end is kind of a mess, and that can be really disheartening
- 25:33too, because like, for example, because I used to run like the
- 25:37Eases affiliate program where it's like it's a canvas delivery. It's like you sign
- 25:40up through the affiliate code, you purchase the product, the affiliate gets twenty
- 25:44dollars or whatever the reward is, and that can be disheartening. It's like,
- 25:47obviously, as an affiliate, most of the time, your first customer
- 25:49is like your friend or something, so like, hey, can you use
- 25:52my link? You text them link, they use the link, they get
- 25:55their product, and then you see, oh, well, where's my reward,
- 25:57and then just doesn't show up and there's one you can talk to.
- 26:00He is like, well, now the links don't work, So like that's
- 26:03a pretty bad first impression. And that's all. It's like a it's a
- 26:07it's a this is this you know. It's funny is I've been booking people
- 26:11through through pop match and people like yourself. I find myself getting answered from
- 26:15my own brand instead of and I feel kind of selfish doing that. I
- 26:18guess I shouldn't, though, because this is getting answered for personally. I
- 26:22mean, this is great, but I want the audience to learn from it
- 26:23as well, so I guess it works two ways, right, works?
- 26:26It works? I mean, my goals help. My goals help people.
- 26:29Your goals help people. So if I can help you, maybe I help
- 26:32someone else. We don't know, we don't maybe someone else will hope maybe
- 26:34someone listening is having the exact same problem you are, and hopefully this helps
- 26:37them. And if not, it's a fun conversation regardless. I would say,
- 26:41you pointed digital assets, and when I think about that, I think
- 26:45of the what do you call it? Intellectual property? So how does shop
- 26:52X preserve people's intellectual property and make sure no one else takes it? I
- 26:56mean, are people's digital assets about as threatened as say a music, someone's
- 27:03music from being you know, taken or whatever intellectual property down that road?
- 27:06Yeah, I know. So it's much better and the biggest And I'll show
- 27:10out the Tupac i Anthic as the Tupac example. So after he passed or
- 27:14some other major artists, the person who owned the music wasn't Tupaca, his
- 27:18family. It was actually the recording label, so they the family didn't get
- 27:21anything. So if his assets were on the blockchain, they're passed down to
- 27:25like his family, they would have been able to get all of that on.
- 27:27And the cool thing about the digital assets if like, let's say I'm
- 27:32Tupac Raate. Let's say hypothetically Tupac are able to split up his song in
- 27:37the forms of NFP. So there's a one the first ten seconds, there's
- 27:40one of these in the world. It's his ten seconds. Someone that mega
- 27:44fan buys this one digital asset every time that song gets played and Tupac gets
- 27:49paid automatically. On the back end, whoever owns that portion of the song
- 27:53to get paid as well. And another cool thing is it helps it builds
- 27:56a relationship between the artist and the consumer. So let's say hypothetically, I'm
- 28:02an artist, it's my first show, you're one of my homies, your
- 28:03company support, you purchase that ticket, or you purchase an NFT. Now
- 28:08there's a connection between me and you forever. So now I can send value
- 28:11your way, you can send value my way. And let's say twenty years
- 28:15on the line, I'm main stage coach and I'm like, okay, well,
- 28:18Alex was on my first show. He supported me. Here's some backstage
- 28:21tickets, here's a bunch of benefits. Because there's a connection between me and
- 28:25you and don't even get me started on Ticketmaster. I purchased so many tickets
- 28:29where it's like I'll go to this, I'll go to this Laker game because
- 28:30it's sixty bucks, and then you go online you pan Ticketmaster, It's like,
- 28:34why is it one hundred and twenty dollars? I know, but you're
- 28:37already going. So that's because Ticketmaster scalps on that. So all NFT's were
- 28:41tickets. Let's say I buy I buy not a Yankees fan of, but
- 28:47like, yeah, let's see Yankees for example. Let's say I buy know
- 28:51it's a good example. We buy. I buy tickets to a game where
- 28:55Derek Jeter's about it may be his final game, it may be not his
- 28:57final game. I buy the tickets like I no longer make it. Instead
- 29:00of going through Ticketmasters and both of us eating like a fifty percent fee,
- 29:06I can sell it to you directly. You have the ticket, you sca.
- 29:08Let's say you go to the game it's Derek it is Derek T's last
- 29:11game, and then now there's proof of attendance saying, oh he was at
- 29:15this game. It was Derek Gior's last game. He has an NFT to
- 29:18prove it. And then they can air drop your benefits like okay, well
- 29:22you're at the NFT. Here's a specific digital collectible like think of like a
- 29:26trading card, like assigned autographics like your wallet. That's whoever the ticket,
- 29:30whoever went there, has that digital collectible, and then you can redeem that
- 29:34digital collectible for like thosen't that you want to? I mean, I never
- 29:38collaborate with people like this, but I think e'repe for collaboration. There's a
- 29:42group called Candy right now, and so I went to a Philly game and
- 29:47they gave me an NFT of being at that fireworks night against the Cardinals.
- 29:51So I get what you're saying. And I'm thinking again about the podcast world
- 29:56because all of us you have a podcasts also, right or are you just
- 29:59guessing on a lot of different ones. I'm disgusting, but I have friends
- 30:03that have a podcasts too. So but let's say you create a whole wing
- 30:06for podcasters that can monetize through shop X. Is that something in the works.
- 30:11I mean, I'm kind of curious. Now, so we work with
- 30:15creators in the past where they are more so influencers, so that a product
- 30:18services they can sell their NFT and this can grat them specific content or merchandise
- 30:25and all that stuff. And the way this benefits them is it gives them
- 30:27a hardened core base of listeners. So like, for example, every time
- 30:30they release a new piece of content, they're there, listeners get at first,
- 30:33and they're more likely to listen from there. Plus he creates super fans,
- 30:37and it creates that relationship too. So I think the for podcasters,
- 30:41I think the example may be the Fox example. Whereas if you buy,
- 30:45like for example, by the Alex Pass, I don't know, merch may
- 30:48not be in your future, who knows, but you could offer merch but
- 30:49then you can offer exclusive access to specific content, backstage interviews. And let's
- 30:55say hypothetically your podcast becomes an next Dora. I hope it becomes an extra
- 30:59Organy be I'm the next Joe Rogan because I had that entity earlier. You
- 31:02know who I who I am early because I support you early on. If
- 31:06your brand becomes banks still Rogan, more people are gonna want my past.
- 31:08It could therefore increase in monetary value too, and I get rewarded too.
- 31:12And if I decide to sell the pass, like whatever benefits you decide to
- 31:17get the pass, I can pass it on and then you as a podcast
- 31:19or can program and royalties too. So if I sell the past, you
- 31:22can get whatever percent. You can get whatever percent you want. The pass
- 31:25gets sold again, you can get royalties on that too, So it's all
- 31:29it's all programmable access. Can someone creator easily sign up with you as our
- 31:33fee to sign up? That people are interested unless what we're talking about.
- 31:37So the requirements are you need to have a shopper fire Wood commerce store because
- 31:40we mainly work with like e commerce brand, so that's the main thing.
- 31:44The products and services free. We have a token ized software licenses somewhere,
- 31:48just like if you buy word, you buy like software license, like access
- 31:52to with software licenses. Ours are just tokens, so you have to get
- 31:55the right amount tokens again access to products and servers, and then from there
- 31:59to launch the pass. It's free, like we don't charge anything. You
- 32:01know, you're thirty years old, So when did your success start? And
- 32:06I feel like you're the types out. I'm not successful yet I'm just running
- 32:08these companies. I feel like you're the types out. I'm not successful.
- 32:09You get so I did that, but you are? You are successful.
- 32:13I mean, you're a thirty year old entrepreneur. When did you start?
- 32:15How old were you in terms of entrepreneurship, Probably twenty thirty twenty four,
- 32:22So like that's when I quit my consulting job, and that's when I really
- 32:23went down the big one rabbit hole, and that's why I was at the
- 32:25VC Incubator. So I guess that if you want to give that the exact
- 32:30point, but more recently, after the medic it's probably actually the meditation or
- 32:36toy where it's like I'm just happy all the time. After the meditation ar
- 32:38trey, so I would say that's a bigger impact in my life, where
- 32:42it's like you're happy, you don't really want anything, you don't really need
- 32:45anything, and things tend to work your way out. So after the meditation
- 32:47ar treat is where it actually give it. Now, thirty year old entrepreneur,
- 32:52do you have the big yat yet or are you working toward that or
- 32:55it's I mean, we see you in your apartment, so it seems like
- 32:58you live a pretty normal I didn't say normal, but when I think about
- 33:04I think like the yachts and all that other stuff. But you got a
- 33:06pretty good setup over there. So I can't complain. I live. I
- 33:09live in a nice area. For me, It's like I don't particularly care
- 33:13about physical things, like this is an old Navy shirt. I wear it.
- 33:17I keep everything simple. I drive a hot a Civic. I don't
- 33:22particularly see myself are buying a yall because I don't really want one. I
- 33:25don't see the point of the Lamborghiny. I My main thing is I like,
- 33:30I like maintaining freedom and peace of mind. Stuff I've know saw what
- 33:32to do, kind of go where I one. Then I'm generally happy because
- 33:37again, like the meditation thing is like I'm happier sitting in the corner of
- 33:39my room than I am on a yacht anyway. So it's like, why
- 33:42would I care. I feel that energy, I feel, I feel that
- 33:45as you said the vibe earlier. I just feel like I would say a
- 33:47bit of George Harrison and you, you know the the Beatles, look the
- 33:52very lap believe in God. I mean, George Harrison is sort of that
- 33:57way too. I gotta ask you this because well, I also think of
- 34:00thirty year olds that are making it, that are entrepreneurs, and yet some
- 34:05would view them as trust fund babies. Does that tryn bother you at all,
- 34:07because I mean, you made this on your own. You are not
- 34:10a trust fund baby, right, No, no, not at all,
- 34:14but uh no, I mean it doesn't bother me. It's just if you're
- 34:16bragging about something like no, like who am I I don't like to compare
- 34:22myself to other people just because that doesn't benefit me at all. So if
- 34:24I'm comparing myself to trust on baby, it just has a negative impalt to
- 34:29my own life, which has a negative impact on those around them. So
- 34:31I try not to. But if you're bragging it, you just kind of
- 34:35look like a fool. If you're bragging about it, like you're an idiot,
- 34:37Like you're just arming yourself. Like because I think we're thinking about the
- 34:42same type trust on baby, so like they just have munch of money and
- 34:44they think they're better numbers, Like then you just bring up Then the question
- 34:46I could ask is like, okay, well, well what value do you
- 34:49bring? And then the trust from babies like they stutter, but if then
- 34:53they're like, well then you're not nothing. But like at the same time,
- 34:55and the trust from baby is using as capful to add tremendous value to
- 34:59the world. I've that is a good thing, very interesting point, and
- 35:01some of them don't. I feel like they just blow it out of the
- 35:05well. Yeah, because most of the most stress on babies. It's three
- 35:07generations that money's all gone. So Eric, you've got a great demeanor about
- 35:13you. I got to ask you how you keep cool when you see do
- 35:15you see the news? Because like I'm here at the news looking at what's
- 35:19going on in college campus, isn't it as someone of Jewish just saying,
- 35:22I mean not to go there, but I'm just saying, there's just it's
- 35:25stuff for me to turn off the news. In other words, how do
- 35:28you turn on? Do you turn off the news? You watch news?
- 35:30I mean, how do you just keep commiments all the chaos going on me?
- 35:32So for both for shoppings specifically, I have to be on Twitter just
- 35:36because crypto Twitter is a big thing, and as you would imagine, Twitter
- 35:38is a negative news centraw you up in Twitter, you're just like just bombard
- 35:43We're just like, well that's not what I don't want to see this ball.
- 35:45I mean, I don't want to see this like pedophile type stuff.
- 35:49But what I do is I look at it logically, So I think of
- 35:52everything in terms of energy, freakings and vibration. So just like a radio
- 35:55station, when you turn to specific radio station, you get a specific frequence.
- 36:00So when that's why if you're sad, you're angry, you're loving,
- 36:02your joys, you're happy, those are specific different frequency. So that's why
- 36:07sad people attract sad people, Angry people attract anger people, loving people attract
- 36:10loving people, and just all across the line. And to give you a
- 36:13scale of zero tow a thousand, Buddha, Christina and Jesus they reached one
- 36:16thousand, so they're I guess the chads of that universe. But there's a
- 36:21level of two hundred. So if you're above two hundred, and I think
- 36:23positive energy and negative energy, I was contagious. Like if you ever talk
- 36:27to someone and you just feel drained after you're like uh, which they're below
- 36:30jundre. But if they're above two hundred, that's when they're giving energy stuff
- 36:35you talk with like yourself, you're a friendly guy, like after this conversation,
- 36:38O probaly feel energized. Like that means you're above two hundred. But
- 36:43the areas between one hundred and two hundred are those other emotional states of fear,
- 36:47pride, hate, shame is the lowest thing can feel, and those
- 36:52are when people are most controllable. So if there are powers that be and
- 36:58they want to control a general population, they would try to push specific levels
- 37:01of frequency to keep them under control, and one of those is fear.
- 37:06So I just go into social media conscious. I'm like, Okay, why
- 37:09is ninety nine percent of the news negative when most people are generally good people?
- 37:14It's the keeping this space. And don't get me wrong, like bad
- 37:16things happen in the world, Like what's happening around? Like, yeah,
- 37:20it's just it's not good, but like there's reason behind that if it's out
- 37:23of my control, like I'll do what I can to help. But oh
- 37:28do you pandemic was a way to bring people down. I mean, there
- 37:31was a legit fear, but then it became oh my god, we're locked
- 37:35down again, Like I don't know. There were just a lot of mixed
- 37:37emotions during that time. How did you, as a CEO and entrepreneur go
- 37:42through that and get through that? So I view everything as an area of
- 37:45opportunity. So again, pausive mindset sounds like bullshit, but I think the
- 37:49positive mindset is a very powerful thing. So whenever something happens to me,
- 37:52I just immediately I firmly believe that the universes work out in my favor.
- 37:57So everything that happens to me is in my favor. And I believe in
- 38:00God. So like God has a plan for me, So he has a
- 38:04plan for me. He has my best interesses here. Who am I to
- 38:06doubt the plan. I'm too small and insignificant to doubt the plan. So
- 38:09like, for example, like covid picked up skills, picked on digital marketing
- 38:13skills. Yes, I was annoying at the time. Yes I didn't like
- 38:15being locked down. Yes I like seeing my friends and family. But I've
- 38:17learned from that and that can apply to that can be applied to every situation.
- 38:27I honestly found it a breath of fresh air. I mean, not
- 38:30going into the office every day was was kind of different and it was like
- 38:32a time to reset. I think that's what I felt was a big reset.
- 38:37And no, we got back at it. So I'm glad you were
- 38:39able to weather that. And did you have friends that because you got an
- 38:44open year? So do you have friends that as an entrepreneur you were leaned
- 38:47on during that time, would you say, and you know, I feel
- 38:50like people lean on you there, Eric sometimes I mean, I'll honestly,
- 38:53my friends, we all just we're all. We always revertb buck because I
- 38:58hang out on like middle school mostly in my middle school old child, your
- 39:00friends, like, we're all We're still the same. Whenever we meet up
- 39:02and make the same jokes. We just make fun of each other. We
- 39:06just do the same thing we always do. We played video games, EPs,
- 39:07play poker, Johnson beers. Where you grew up? Is do you
- 39:12do you work where you grew up? In other words, like is that
- 39:14where you live? And whatnot? Your whole life close? So like within
- 39:20fifty miles, I've had Stinton, d C. And Barcelona, but I
- 39:23like this general area where I'm at. It seems like and I've been to
- 39:29atl like California. I love it. It's beautiful. That's I like weather.
- 39:32So yeah, and the palm trees are just nothing like it, to
- 39:37be honest with you. And of course Florida, but alas a different field.
- 39:39So I'm gonna go back out there at some point, and when I
- 39:43do, I hope we can connect to please. Yeah, yeah, definitely
- 39:45well, let's got to blunch or something a call beer dessert or whatever.
- 39:49We let me ask you this scrambled energy, and then I feel like you
- 39:52probably could tell it. I'm a little scrambled, and I'm switching from radio
- 39:54to podcasting, and this is like a full time job, and this is
- 39:59the second this as a job. Like I despise when people think this is
- 40:01just a hobby for me, because I'm really working at this, as you
- 40:05can probably know, but I probably feel sometimes scrambled trying to get the guest
- 40:08information. Whatnot tell me about the Tell me about scrambled energy and how I
- 40:15can reduce that if you, oh, no, dude, and the only
- 40:17person to answer that question is you. The one thing I would recommend is
- 40:22meditation, and that's cliche. So the way I look at meditation is I
- 40:27think of your life as an email in box. If you haven't open your
- 40:29email and box throughout your whole life, then the first time you open it,
- 40:34it's just a bunch of different thoughts, of different directions, just different
- 40:37people, just different everything pulling in different directions. So when you start meditating,
- 40:42you just start slowly opening up each email one by one and moving it
- 40:45down the line. So the more you meditate, the calmer your mind will
- 40:49get. And don't get me wrong, it's not easy. It's like try
- 40:52sitting still for five minutes with your eyes closed. It's probably for me,
- 40:53it's extremely difficult because I think I saw Ada tuevers like jumping around. But
- 40:58like the more you do it, the comedy you get, and the more
- 41:00calm you get, the better decisions you get, the less scrambled you get.
- 41:05So like like I think with some of them, I'm just really calm,
- 41:08where like I do jump around, but it's in a calm passion.
- 41:10It's like, Okay, I have to get this guss Like I'll go meeting,
- 41:14meeting, dead work, marketing work, all calmly and slowly versus before
- 41:19I do it all sprout likevee o and forth back and forth. I feel
- 41:23like, and because I have the show One Leg Up and then you're going
- 41:25to be on my show One Leg Up with Alex Carton, because I was
- 41:29about talked to CEOs of one leg Up on their field, and you clearly
- 41:32have one leg up in your field with technology and the day happen and the
- 41:37shot ex But I feel like you get one. You have one leg up
- 41:40on a lot of your CEO kind of parts, if you will, because
- 41:45you maybe channel the chakras. And I never talked about chokras, but I
- 41:47feel like you did channels. Yeah. No, Like I've opened more chokers
- 41:54than most people, and that gives you a huge advantage of for more people.
- 41:58And the reason is also like it keep to the higher vibrational states,
- 42:00like I'm generally trying to help as many people as I can. I wish
- 42:04every the best, I love everybody, and the outer worlds and I'm pragmatic
- 42:07too. It's like the outer world is also reflection of the inner world.
- 42:08It's like if I have that mindset going into like a network meeting and businesseing
- 42:13people pick up on that and then everyone tries to help me. So like,
- 42:15imagine trying to fight the world when you can have the whole world help
- 42:19you. Who's good out of the edge obviously the one in the whole world.
- 42:22And on top of that, there are I think there are three planes
- 42:23of existence. There's physical, there's mental, and the spiritual. Most people
- 42:29solely focus on the physical, like get jacked, get rich, but I
- 42:32think the real benefits line the mental and the spiritual so if you're learning about
- 42:37those like, honestly, those are much more entertained to me. Anyways,
- 42:40Connectivity. We talked about this a little bit earlier, But connectivity. I
- 42:44have reach out to some more sports people because I see they're out there crushing
- 42:49it, doing their thing, and I want to be part of that journey.
- 42:51Right. But I'm starting to say, you know what, I have
- 42:53connections too. Maybe if I start connecting them, they'll want to connect me
- 42:57more. I just I feel like there's an energy of hey, I'm going
- 43:01to help you out. We'll help each other out, we'll become friends.
- 43:05But but they're often I find maybe there are more people trying to connect instead
- 43:08of trying to make the connection. Do you find that one hundred percent most
- 43:12people when they talk, they're just waiting when someone else is talking, and
- 43:15they're just waiting for their return to talk and TI your sports people example,
- 43:19like, if you treat someone like a celebrity, they're going to treat you
- 43:22like a fan. So I generally just try to treat everyone as equals because
- 43:24I think everyone is equal. Like the way I look at it is,
- 43:28if you think of God as the sun, I'm an individual ray from the
- 43:30Sun. You're an inge of a ray from the sun. The planet is
- 43:34an interewright from the sun. My brother's dog is also the same idemgrate from
- 43:37the Sun. So we have for individually, but we're coming from the same
- 43:39source in the sense of the same. So if I were to like hate
- 43:43on you, that's effectively hating on me, which is kind of stupid if
- 43:46you think about it. Very interesting. I know that. Well, I
- 43:53want to ask you this, and I was gonna say, you have a
- 43:57very uh you have a come tomeanor, which is good because we to reschedule
- 44:00us everything like that, you know, scheduling things happen, and yeah,
- 44:02I feel like you you cruise your stuff like that, right, and that's
- 44:07important when things all through the cracks. How do you handle that? Because
- 44:09CEOs, when things don't work out their way, they maybe fly off the
- 44:13handle and you don't right, Well, first all that won't work, and
- 44:16I'm just I'm in a state of acceptance because if you're flying off the handle,
- 44:20you can't make the best issues too. Like you to accept, I
- 44:22like to accept, redirect and optimize. It's like, okay, So for
- 44:27example, like our podcast, obviously I wanted to be on the podcast.
- 44:30If I didn't wanted to be on the podcast, we would have been here.
- 44:32But things happen, people reschedule. So my first law was like,
- 44:36Okay, maybe didn't ShW up. Maybe it's moving something, maybe something happened,
- 44:38but like I don't know, what's happening is personal life. So I
- 44:40just I'm like, Okay, well the podcast, let's reschedule. It's not
- 44:45that big of a deal. Like, I don't see why people a bitch
- 44:47about it. So now that we were scheduled, we're on a good podcast,
- 44:50and now we're going to make the best of the situation and hopefully add
- 44:52some good to someone's life. So yes, you accept the situation, accept,
- 44:57redirect, and optimize. Oh I love that accept free directors optimized,
- 45:00and I feel like that could be reverberating. And by the way, I
- 45:05believe podcasts have our waves too, you know, like this is the podcast
- 45:07beer we're putting into right now. Oh yeah. So, like there's something
- 45:12called the Kashak records, and essentially what the Kastak records are, it's like
- 45:15a spiritual concept with Acastak records are every single human thought, everything in all
- 45:19of our collective consciousces is stored in one space, and that's what we call
- 45:22source energy. So I view bitcoin or cryptocurrency as digital Kaschak records. So
- 45:29what we're doing is we're podcasting too, We're adding to We're adding positivity to
- 45:34the internet's a Katak records, and more and more people adding positivity to the
- 45:37internet costic records, and that'll calm back the massive pushes of negativity. So
- 45:43more and more people adding positivity. I think it's a win overall. Now,
- 45:46what ither about you is that you don't like talking about the finance.
- 45:50You can, but I feel like you want a deeper conversation. Maybe get
- 45:52people on the podcast that might ask you strictly financial stuff. Does that did
- 45:57you wish? It's got to vary, So do you like the broader conversation
- 46:02instead of focusing on the one thing? I feel like you do. I
- 46:06like the broader conversation because I think we're similar. Sen It's like the way
- 46:08I read books is all like five at a time and I'll just I'll get
- 46:10bored. I'll start one, get bored, jump the next one, and
- 46:14then jump in like just all jump here around. So like I mean,
- 46:16I can't talk about the financials there's just like money is not the most interesting
- 46:21thing to me. So like, if you want to talk about financials,
- 46:23we totally can, but I'd rather talk about what you want to talk about,
- 46:27because that'll make for a more authentic conversation. I think authentic conversations are
- 46:30the way to go, absolutely, And I do like mixing up about everything,
- 46:36and i'd like to feel that I kind of have that sense. And
- 46:39you did say something that lit me up though a little bit about inflation and
- 46:44you feel like the government's inflating all of us in a sense. So real
- 46:47quick, while I have you about the cryptocurrency, and while I have you
- 46:51about bit quinn, while I have you about all of this, how can
- 46:53we stay grounded through all our inflation situation going on? I mean, nobody
- 46:59can do this is happening. So what's your advice from that perspective and from
- 47:04the conscious perspective as well. Yes, and no, inflation. It's it's
- 47:07a thing. It's only getting worse and it's my design and very soon and
- 47:12it's just going to go out of control. So my advice for the inflation
- 47:15is buy bitcoin by goal, buy hard assets, because when inflation goes a
- 47:19capital from the cash the fleet. So the first thing that happens when like
- 47:22a money system fails is that there's a run on the treasury, which I
- 47:25think is what's happening now. So this is why you see all the politicians
- 47:28do their thing where they're extracted, like, this is why we are extracting
- 47:30as much money as they can, and I think they're going to use that
- 47:34to buy hard assets so they'll transfer move over to the next money. So
- 47:37I'm my And again I don't like, I don't like to give any money
- 47:39advice because I don't know your situation beyond of my situation. But I can
- 47:43only tell you that what I have done is I like to buy bitcoin,
- 47:45and I recommend my family and friends by bitcoin as well. So that's my
- 47:50bet. It could be right, it could be wrong. It's we'll see,
- 47:53all right, NFT. I want to ask you this because now I'm
- 47:57curious NFT can I'm make an NFT at my logo. I'm very curious about
- 48:01this. Is that a possibility and that it would that be marketable? Because
- 48:06I rebranded everything based on marketability to be honest to you, like I did,
- 48:09so wouldn NFT add to it? Would you say, yeah, no,
- 48:13I mean it's up to you. So you can create an entity.
- 48:15So if you wanted to, you could create a shelf Bay store down the
- 48:19shop back app, get the licenses and then you and then you could create
- 48:22an NFT collection by filling out two forms so you can make the logo your
- 48:27NFT picture. Then you decide, okay, how many NFTs do I want?
- 48:30What the price do you wanted to be a description all that kod stuff,
- 48:32and then you could have a set number of let's say you choose three
- 48:36inches number. You could have three hundred of your logo NFTs and if people
- 48:37want to buy that, they can. But it's it's a tool for you
- 48:42to market. So it's on you as a brand to add value to the
- 48:45NFT. So you have to incentivize people to want to buy your n FT.
- 48:49So if you can do that, it is marketable. But if you
- 48:51can't, it's not marketable. I mean, it's it's just another technology.
- 48:53It's another tool, and the tool should for e commerce brands to use.
- 48:58And some can, some don't want to, some don't want to. It's
- 49:00really up to them. All right, you were twenty three when you started,
- 49:04but there might be some people in their fifty sixties listening to this,
- 49:07wanting to after retirement or whatnot, start their own thing, and they might
- 49:12be feeling it's daunting. Is it daunting for anybody of any age to start
- 49:15their own business? It's daunting if you're thinking way to it in the future.
- 49:19So like, again, this is where the present moment is case,
- 49:22Like, what can I do in this present moment to start? Because I
- 49:23think once the students read, once you start walking in the path, the
- 49:27path repeter itself. So my recommendation to you will be like, Okay,
- 49:30you want to start something great, you haven't started all, well, don't
- 49:32think about it. I hire twenty people, I have to develop and probably
- 49:36have to create a website after do you all this stuff, because then you're
- 49:37just like, then you'll give yourself excuses not to do it. So just
- 49:40start small. Create a Google Drive, label, marketing, vizde engineering,
- 49:45whatever flows you need, and then you'll fill it Out's like, okay,
- 49:46well I have a marketing folder. You probably have social media. Okay,
- 49:51why on have social media? Let me make that account. And if you're
- 49:53really in your passion to do you'll continue with doing it. But if it's
- 49:57not because I think desires, you have your desires if we're programmed in desires,
- 50:00and I think most desires are programmed in. So as soon as if
- 50:04it's not if it's not your authentic desire, you'll start it. Then you'll
- 50:06quit right away because it's not what you really want to do but you thought
- 50:08you did. But if it is in your desire, then you'll continue on
- 50:12the path. Then you'll you'll eventually make it work because the name of the
- 50:15game, Yeah, the name of the game is you just keep going and
- 50:17it eventually works out. Does it give you hope though, that there are
- 50:21so many that want to start their own business. I mean I saw applications
- 50:23through the roof. Then they want to start their own business in February.
- 50:27That's that's good to see, to be honest. Oh no, it's awesome.
- 50:30And it shows people want to do their own thing and they're following their
- 50:32own passions. On the issue with today, that's not an issues Like I
- 50:37get that it's hard to do when we live in an area scarcely because like
- 50:39you said, inflation, all the fear that's being pushed. It makes people
- 50:43fearful because like, you can start your own thing if you can't pay around.
- 50:46Then you're scared of all the war and violence that's going on, because
- 50:50at that point you're like, okay, I need safe to each elter.
- 50:52I'm gonna keep my saving when entire job. But once we move into an
- 50:54age of abundance, which we are all moving in, then people have the
- 50:57courage to start their own things. And one and starts some own thing his
- 51:00friend like, well, my friend saw this one thing. Why can't I
- 51:02sign I don't think. Now there's two, now there's three, and it
- 51:05just it moves upward that way. So I think we're going to move in
- 51:07that direction. And the fact so many people apply to stuff thrown businesses,
- 51:12I think it's a sign that it's actually what people want to do. But
- 51:15there's obviously with some lag and like you can't just like sorry, you have
- 51:17to yeah, like some people have families, some people like people are at
- 51:21different places where like if it's what they really want to do, they'll eventually
- 51:23do it. If somewhere to interview you, right, and you're this low,
- 51:28you're this chilled out, you're this informative at the same time, but
- 51:34they are coming into this energy of one thousand miles an hour do you match
- 51:37that or you're like, all right, let's slow this down of it,
- 51:38let's let's let's regroup and and you know, let's just talk. I feel
- 51:43like some people when they talk to an entrepreneur, I think it's like the
- 51:46the biggest highlight of their day type of thing, and you're just here just
- 51:49to talk, right, So it's an approach thing. Yeah, So for
- 51:52me, like and again like IV so like I don't like I'll speak to
- 51:57that. I don't know the same ways because he like, it's the same
- 52:00thing to me, Like I treat all I treat all podcastic like there could
- 52:04be ones where I get hundred thousand dollars or one that gets two. I
- 52:07don't care. It's it's a conversational thing. But if you are looking for
- 52:09specific tips on what to do, the best thing to do is to match
- 52:15their energy and then lead their energy. So someone's coming in all frantic and
- 52:17you're coming all chilled out. There is a big disconnect between those two.
- 52:21Most people have more in connection than the more in common that they know.
- 52:23Like, for example, if there are ten points of like thinking about right
- 52:29and left, there there are ten points people argue about they have eight of
- 52:31those points in agreement, and they peep, and then the powers that be
- 52:35just force them to focus on the two at the variants whe they don't agree.
- 52:37When reality, we all just kind of want to better lass for ourselves
- 52:40and our family. So you know, during the whole thing after George Floyd,
- 52:45there were still but videos of people black and white and every denomination still
- 52:50gathering together. I mean, we saw unity, but the cameras wouldn't show
- 52:52you that. We had to see that on our own, didn't we.
- 52:54Yeah, that doesn't sell. And I guess it's they're trying to push that
- 52:58specific level of vibration and we're to control people. So and we we we
- 53:02say no, we're gonna We're gonna put out a different kind of energy.
- 53:06And I like that. All right. Before I let you go, someone
- 53:08wants to refer podcast they're stoked to do with Eric Scait. Oh my god,
- 53:12I'm talking with Eric me q. I'm talking with an entrepreneur. But
- 53:15do they do you find? Some podcasters are fanboys or fangirls and more than
- 53:20just more just thank god I got to talk to them more than just actually
- 53:23talking to you or what would you find? So I found out a couple
- 53:27of times a pass half of bo The way I treat it is again,
- 53:30I think people pull energies and I do energy anything where it's like I've your
- 53:32one is equal. So as soon as the conversation starts, I'm just like,
- 53:37I'm just a normal person. You're just a normal person. We can
- 53:39just talk about things that we want to talk about, and it's just any
- 53:43other conversation. Well, I looked, say connected further on as more shops,
- 53:47is there a newsletter I can jump on to keep in touch with you
- 53:51guys or what? No, but we should make a newsletters. So we
- 53:53have our website, so shop x dot co. But if you want to
- 53:57keep up today with news, I would just recommend following the shops Twitter account
- 54:00and then joining our discorder telegram. I'm just an interacting with the community that
- 54:05way, I'll take it a step further. Not only do it, but
- 54:07at the top you could check mark Hey, I want to see all posts
- 54:10of shop pick right. Oh you can do that? Awesome. That's how
- 54:15I get my news every day. I like, just have a bunch of
- 54:17linked outlets at the top, because you never know, you might not you
- 54:21might find something you never knew until you know so anyway, have them on
- 54:24your check mark at the top of your page. Shop Bick's very interesting,
- 54:29very innovative, if I may say, Eric, and good luck with everything.
- 54:32And it looks to have you back. Yeah, thank you man.
- 54:35It was a pleasure talking to. I think you're cool dude. When you're
- 54:37in LA, if you definitely reach out, we can hang out. But
- 54:40yeah, happy to jump on another time too. Absolutely, as things are
- 54:45on, maybe talk a little election because I feel like that economy is a
- 54:49big deal. We should talk about that later on in the year. Yeah,
- 54:52I'm down for some election talk, all right, Eric, thank you
- 54:54so much, and God bless, Godless,