Latest / The Ben and Ashley I Almost Famous Podcast / The Business of Bachelor with Jason Tartick

Transcript

The Business of Bachelor with Jason Tartick · The Ben and Ashley I Almost Famous Podcast

0:00
Speaker 1: This is the Benn and Ashley I Almost Famous Podcast
0:03
Speaker 1: with I R Radio. Welcome to an all new episode
0:08
Speaker 1: of the Almost Famous Podcast. First off, big thanks to
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Speaker 1: our friends at best Egg for sponsoring this special financial episode.
0:17
Speaker 1: One of the biggest financial pain points I see people
0:20
Speaker 1: facing today is the high interest debt. It's a trap
0:24
Speaker 1: that makes it nearly impossible to escape. Most of us
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Speaker 1: have experienced some sort of debt. Uh if it's loans,
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Speaker 1: a car payment. Uh, sometimes it's even a house payment.
0:36
Speaker 1: That's kind of haunting us and sitting over us. I
0:39
Speaker 1: have a buddy, uh, one of my best friends in
0:41
Speaker 1: the world, who has been struggling with debt ever since college.
0:46
Speaker 1: And it was credit card debt. It was compounding on
0:49
Speaker 1: itself every month. He could not get in front of it. Uh,
0:53
Speaker 1: he couldn't sleep, he was anxious. I was anxious for him.
0:58
Speaker 1: We kind of wrote that together. Debt is a really,
1:03
Speaker 1: really unfortunate thing that happens in life, sometimes due to
1:07
Speaker 1: our own choices, a lot of times just due to
1:08
Speaker 1: what life brings about. Inflation right now is making debt
1:12
Speaker 1: even worse. Uh. And as I said before, it can
1:15
Speaker 1: cause physical issues like loss of sleep, uh stress. Uh.
1:19
Speaker 1: You can always be thinking about how you're gonna make
1:21
Speaker 1: your next payments. Uh. It's impossible to save also while
1:26
Speaker 1: you are paying off this debt, and then it compounds
1:29
Speaker 1: over and over month over month, uh, and it kind
1:33
Speaker 1: of sits like a cloud over the top of you.
1:35
Speaker 1: When you're dealing with high interest debt, it's important to
1:38
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1:43
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1:46
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1:49
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1:52
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1:55
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1:58
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2:01
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2:04
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2:07
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2:10
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2:13
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2:16
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2:19
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2:22
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2:25
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2:27
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2:30
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2:32
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2:36
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2:39
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2:43
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2:46
Speaker 1: It's a good question question a lot of us have
2:48
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2:51
Speaker 1: pay down your debt, your bills and obligations with crazy
2:54
Speaker 1: high interest rates, it's hard to accomplish your money goals.
2:57
Speaker 1: I tell everyone, don't wait to fix the problems. The
3:00
Speaker 1: longer you wait, the harder it is to fix. That's
3:04
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3:08
Speaker 1: of paying all that debt down, that high interest stuff
3:11
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3:15
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3:18
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3:23
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3:25
Speaker 1: you to share your best Egg success stories with me.
3:28
Speaker 1: To learn more and read their terms and conditions, visit
3:31
Speaker 1: best egg dot com slash almost famous now let me
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Speaker 1: introduce my friend somebody that knows a ton about finance
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Speaker 1: and life in general, Jason Tardik. So good to be here, Ben,
3:45
Speaker 1: and it's good to be back. It's good to see you, man. Now,
3:47
Speaker 1: this is a very special episode. Thank you too, best Egg.
3:50
Speaker 1: We've asked you to join us today, Jason, UH to
3:53
Speaker 1: talk a lot about personal finance, but also based on
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Speaker 1: your experience and interviews you've done, uh kind of some
4:01
Speaker 1: of the uh financial situations and how people make money
4:05
Speaker 1: from the show. Are you cool with that? Um? I
4:07
Speaker 1: love it. Ben. One thing when you and I always
4:09
Speaker 1: get together, we end up talking about money or business.
4:12
Speaker 1: So this is just gonna be a nice little rerun.
4:14
Speaker 1: I'm excited. Let's do it. Let's do it. Okay, Hey, Jason,
4:17
Speaker 1: For anybody out there wondering maybe they didn't listen to
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Speaker 1: uh the almost famous episode that you co hosted with me,
4:24
Speaker 1: why uh, why did we here feel like you were
4:28
Speaker 1: the perfect guest for this specific episode. What's your background?
4:33
Speaker 1: What projects have you done that have kind of set
4:35
Speaker 1: you up for this? Just run through the list of
4:38
Speaker 1: you don't mind for sure? Yeah, I think one of
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Speaker 1: the big things if you're talking finance or careers, and
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Speaker 1: you're bringing any form of education to the public, you
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Speaker 1: better have some type of credibility. So a little bit
4:48
Speaker 1: about me. I have my undergrad and business administration. I
4:51
Speaker 1: got my m b a. And like it's like a
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Speaker 1: top fifty school simon business school and finance and accounting.
4:57
Speaker 1: And then I was a banker for ten years, so
4:59
Speaker 1: I worked to see if pos of companies that earned
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Speaker 1: over a hundred million dollars and I lent money to them.
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Speaker 1: And since then, I've been able to build a Restart
5:06
Speaker 1: consulting platform where we do education for individuals on personal finance,
5:11
Speaker 1: career management, have a podcast Trading Secrets, which is topping
5:15
Speaker 1: business and careers, have a book called The Restart Roadmap,
5:18
Speaker 1: Rewire and Reset your career. And I also do UM
5:21
Speaker 1: lending for real estate projects, and I do small business
5:25
Speaker 1: UH startup investing to UM kind of like the seed
5:28
Speaker 1: stage and venture side. So from early business to exits
5:32
Speaker 1: to lending UH to having and running my own businesses,
5:35
Speaker 1: which about five at this point. UM. I've kind of
5:38
Speaker 1: seen the life cycle and been part of it and
5:40
Speaker 1: that's what's kind of led me to doing what I'm
5:42
Speaker 1: doing now. You know, it's I've shared this story on
5:45
Speaker 1: air before, but we get a lot of people, and
5:49
Speaker 1: this is in a younger, more judgmental, more cynical season
5:54
Speaker 1: of my life. UM, I'd like to think I've done
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Speaker 1: some work with myself. Uh. But uh, I met you
6:02
Speaker 1: for the first time in a gym. I forget exactly
6:05
Speaker 1: where we were, but you were working out and I
6:07
Speaker 1: stepped into workout. You were pumping weight and I was stretching,
6:11
Speaker 1: I think, and you had just gotten off of the
6:15
Speaker 1: Bachelor season, and I remember just like you know, I
6:20
Speaker 1: saw your job title on this show and I had
6:23
Speaker 1: heard you speak about it on this show a little bit.
6:26
Speaker 1: But a lot of people here blow smoke, you know
6:28
Speaker 1: when they're on national television, but what they do for
6:30
Speaker 1: a living. So I just started asking you some questions
6:32
Speaker 1: and right away I realized you're legit, like you know
6:35
Speaker 1: what you're talking about. UM. And it really is uh
6:40
Speaker 1: fun for me for a couple of reasons. One, I
6:42
Speaker 1: enjoy listening um and reading your stuff like I enjoy
6:46
Speaker 1: learning from you. Um. But then it's also just cool
6:50
Speaker 1: to see you use this platform and turn it into
6:51
Speaker 1: something that yes has a picture of what you're doing before,
6:55
Speaker 1: but really now reaches a whole new audience. It's been that,
6:59
Speaker 1: it's been a ton of on It's interesting that you
7:01
Speaker 1: said that, though the whole idea of like, all right,
7:04
Speaker 1: is this uh a smoke blower? Or does like he
7:07
Speaker 1: or she actually know what they're talking about? And it's
7:09
Speaker 1: something I battle with. I battle with like on a
7:11
Speaker 1: day to day basis. So this platform gives me a
7:14
Speaker 1: lot of access, but the access does not mean credibility
7:17
Speaker 1: because you have a you're from the Bachelor, and so
7:19
Speaker 1: I'll be like, I just had Jason Oppenheim from Selling
7:22
Speaker 1: Sunset on the podcast, literally, like I don't think you
7:25
Speaker 1: knew it, like his press probably a team probably prepped them,
7:28
Speaker 1: like as guy from The Batcheler, he's got this business podcast.
7:30
Speaker 1: So he gets on and I haven't even told this yet,
7:33
Speaker 1: but he goes how much this is how he starts
7:35
Speaker 1: the conversation, how much time you got? How much time
7:37
Speaker 1: is this gonna be? I said, an hour or forty
7:39
Speaker 1: five minutes is what we have booked. I can't do that.
7:41
Speaker 1: I have ten minutes. So well, I can't do an
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Speaker 1: interview in ten minutes if we're gonna have a credible
7:46
Speaker 1: discussion regarding residential real estate, and the outlook and everything
7:49
Speaker 1: it's done for your career and selling Sunset And he's like,
7:52
Speaker 1: give me a minute, hits mute call, someone comes back Alight,
7:57
Speaker 1: I got twenty minutes. We ended up talking for and then,
8:02
Speaker 1: but early, like in a conversation like that or with
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Speaker 1: like a Jim Kramer with some of these you know,
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Speaker 1: damon John, Like instantly building credibility with understanding the industry
8:12
Speaker 1: and what you're saying and how you're saying it is
8:14
Speaker 1: so important, especially when you got the Batchelor title or
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Speaker 1: like the Bachelor franchise stigma next your name. It works
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Speaker 1: for the good, it will also works for the bat Yeah,
8:24
Speaker 1: you're on uphill battle. Jim Kramer is on my TV
8:26
Speaker 1: right here by my computer by the way, right now,
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Speaker 1: breaking down on mad money, everything plunging in the stock market.
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Speaker 1: Well yeah, they we Uh it's a great segue then, uh, Jason,
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Speaker 1: you spent a lot of your life now talking about finance,
8:41
Speaker 1: talking about money, talking about how people personally UM can
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Speaker 1: build wealth and what smart ways um they can operate
8:51
Speaker 1: in life to take the next best step. Why, though,
8:54
Speaker 1: is money such an uncomfortable subject for people to talk about?
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Speaker 1: I mean, I I think we're just like this what
9:01
Speaker 1: I call is the blueprint, Like this blueprint that we
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Speaker 1: live in conditions us to believe certain things and abide
9:07
Speaker 1: by them. And what I've found with this blueprint is
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Speaker 1: it doesn't necessarily work. Like if you look at everything
9:12
Speaker 1: happening today, whether it's in the market or it is
9:16
Speaker 1: just like emotional happiness, you look at like so many
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Speaker 1: levels of what could be success, like the United States
9:23
Speaker 1: total debt for per household UH income growth, the amount
9:28
Speaker 1: of people that actually negotiate for themselves in the career,
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Speaker 1: like all these statistics that you would think drive success
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Speaker 1: aren't showcasing that. And so I think one of the
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Speaker 1: things that we abide by in this blueprint system is
9:39
Speaker 1: don't talk about money. It's politically incorrect, it's impolite, it's unethical.
9:44
Speaker 1: And I remember, like when I started my career, I've
9:47
Speaker 1: always just been curious about money my whole life. When
9:49
Speaker 1: I was a kid, I was always curious, and so
9:51
Speaker 1: I would talk to people like so, like what would
9:52
Speaker 1: you get paid for that? And we'd be like, don't
9:55
Speaker 1: tell anyone, like sign in blood, don't tell anyone, and
9:58
Speaker 1: like why why in alien? If we did, we could
10:01
Speaker 1: get written up, and so I think we've been conditioned
10:03
Speaker 1: to do so. But my whole theory on the total
10:06
Speaker 1: topic is the more we talk about it, the more
10:09
Speaker 1: information we get. The more information we get we can
10:12
Speaker 1: leverage to help navigate our careers and our financial independence.
10:16
Speaker 1: And so I think talk about money share what you make,
10:20
Speaker 1: your wins and your losses. And that's something I stick
10:23
Speaker 1: by and try and like really really pressed down. And
10:26
Speaker 1: anyone I talked to you know, ensiteras thing I talk
10:29
Speaker 1: about my personally. I feel like I'm more comfortable talking
10:32
Speaker 1: about my losses than i am my successes. I remember
10:35
Speaker 1: in Memphis when we were together, I was going through
10:37
Speaker 1: a really hard season with one of the companies that
10:39
Speaker 1: I operate, and I was talking to you about it. Hey,
10:41
Speaker 1: I need some insight, like this is what's going on,
10:44
Speaker 1: this is where we're struggling. Um is that common? Like
10:48
Speaker 1: our people more. But I don't know if anybody in
10:51
Speaker 1: the world other than maybe my wife, and I don't
10:54
Speaker 1: know she would know, um fully like how much I
10:57
Speaker 1: make doing anything in my in my career here, why
11:02
Speaker 1: is it that we're so like, why is it that
11:04
Speaker 1: we're so held off? Or like? Is it rude to
11:08
Speaker 1: tell somebody, Uh, isn't there to ask somebody like what's
11:11
Speaker 1: going on here? Well, first of all, I commend you
11:13
Speaker 1: for talking about your losses, and you're right. I mean
11:16
Speaker 1: you opened up that you're vulnerable. Vulnerability and that moment
11:19
Speaker 1: creates connection and like wanting to help and talk. No
11:22
Speaker 1: one does that. And if you're talking or listening or
11:25
Speaker 1: are being inspired by someone who only talks about their wins, like,
11:28
Speaker 1: look further and look for someone else, because everything every
11:31
Speaker 1: win you see out there, there's a tons of losses
11:33
Speaker 1: that match, especially like these day traders and stuff. When
11:36
Speaker 1: you get the guys and girls that are only showing
11:38
Speaker 1: their wins and losses. Run up to your point, though,
11:42
Speaker 1: shame on you, because we had a podcast me you
11:44
Speaker 1: and Jessica and you guys said you're going to go
11:46
Speaker 1: to the go back to the chalkboard and talk about
11:48
Speaker 1: what you make and how you make it. I think
11:50
Speaker 1: we don't because I think we believe that our entire
11:54
Speaker 1: worth as an individual is based on what our financial
11:58
Speaker 1: situation is. You could be the nicest human, you could
12:01
Speaker 1: give back, you could be just a pure soul, but
12:04
Speaker 1: you're worth is instantly downgraded if you're not at a
12:08
Speaker 1: higher earnings level is the perception that I think society has,
12:12
Speaker 1: and that is the ship that's got to end. Like
12:15
Speaker 1: the people that are leveraging the fact that they make
12:18
Speaker 1: more money so they are more powerful, or in a
12:20
Speaker 1: relationship that they are the earner, therefore the value of
12:23
Speaker 1: their partner brings the table is insignificant. That's the bullshit
12:28
Speaker 1: that creates the divide, and the divide is what keeps
12:31
Speaker 1: us just so deterred from actually accomplishing the things in
12:35
Speaker 1: life that we want to accomplish in a healthy space
12:37
Speaker 1: to do so. So then is it rude Jason for
12:41
Speaker 1: me too, in the right relationship ask somebody how much
12:46
Speaker 1: money they make, I personally don't think it is. But
12:51
Speaker 1: I think, like everything, there has to be a healthy context, right.
12:57
Speaker 1: I think there are a lot of unhealthy reason that
13:00
Speaker 1: someone may say how much do you make? That I
13:03
Speaker 1: don't approve of, but providing healthy context to say, hey,
13:08
Speaker 1: I am trying to be on the same page as you,
13:10
Speaker 1: so that you and I are on the same team
13:12
Speaker 1: and we're creating a life that makes sense within our
13:15
Speaker 1: means and that we can pass on to our family
13:19
Speaker 1: and live healthy in a transparent manner. Can we sit
13:22
Speaker 1: down and talk about finances, Can we talk about where
13:26
Speaker 1: we stand with one another and how we can both
13:28
Speaker 1: contribute not only financially but in other ways to like
13:31
Speaker 1: make the healthiest team. So I think the problem is
13:34
Speaker 1: so many people do it the wrong way, and we
13:36
Speaker 1: see it on social media all the time, the flexes
13:39
Speaker 1: with like you know, you see some of these guys
13:40
Speaker 1: the flexes or girls with the Lamborghinis or with the
13:42
Speaker 1: big cars or you know, look what I just got.
13:45
Speaker 1: Like it's such a braggadocious thing to probably make up
13:50
Speaker 1: for material material insecurity, and that is not what I'm
13:53
Speaker 1: talking about. You know. I feel like there is a
13:58
Speaker 1: especially within like the middle class. UM, there's a lack
14:02
Speaker 1: of access and a lack of a platform for people
14:05
Speaker 1: to We can name a couple um places and organizations
14:09
Speaker 1: that are really trying to help coach uh personal finance
14:12
Speaker 1: in those realms. But if somebody's out there listening. We
14:14
Speaker 1: have a very young demographic of listeners, UM, and they're
14:18
Speaker 1: just getting started here. Uh, they don't have a lot
14:22
Speaker 1: of coaching personally. What kind of advice do you like
14:24
Speaker 1: to give somebody right away? Right away? Is number one? Rule?
14:28
Speaker 1: Number one? Do not have rolling credit card debt period,
14:33
Speaker 1: find a way to pay that off in full, and
14:35
Speaker 1: put a budget in place so that you are managing
14:38
Speaker 1: it your spend so you don't have rolling credit card debt.
14:41
Speaker 1: If you do, you will be buried. You are absolutely
14:45
Speaker 1: killing yourself if you have rolling credit card debt. That's
14:48
Speaker 1: that's number one. The second thing I'm gonna say right
14:51
Speaker 1: now eight point six percent inflation. Fuel oil is up
14:56
Speaker 1: over a hundred percent year over Your groceries are up
14:58
Speaker 1: twelve percent, entre g is up thirty five. If you
15:02
Speaker 1: are not budgeting what you are spending, you are going
15:05
Speaker 1: to be in deep. You have to know what you're
15:09
Speaker 1: spending money on because the cost of everything is increased significantly.
15:12
Speaker 1: If you didn't do it a year ago, you could
15:14
Speaker 1: be okay. You don't do it now, you can be
15:16
Speaker 1: in some serious trouble. You gotta do it. And I'm
15:18
Speaker 1: big on, like Ben, not getting rid of everything. Pick
15:21
Speaker 1: and choose and prioritize what puts a smile on your
15:24
Speaker 1: face and what makes you happy, and the things that
15:26
Speaker 1: aren't the must have, the things that can go really
15:29
Speaker 1: rethink that and get them, get them out. The last
15:32
Speaker 1: thing I would say is debt management. Like I talked
15:35
Speaker 1: about credit card debt, but everyone's so focused on like
15:37
Speaker 1: how do I get rich quick? How do I do this, this,
15:39
Speaker 1: and that. You really have to focus on all your debt,
15:42
Speaker 1: understand the interest you're paying, and how you're managing your debt,
15:45
Speaker 1: because especially early on, that's what buries people from actually
15:50
Speaker 1: creating long term wealth. It's uh, it's interesting. So you know,
15:55
Speaker 1: you mentioned a few things that you know. I don't
15:56
Speaker 1: think everybody listening to this wants to hear about, um,
15:59
Speaker 1: the issues in uh, the economy or the markets right now.
16:04
Speaker 1: I don't think everybody has that kind of intrigue. But
16:08
Speaker 1: what everybody is dealing with is inflation UM and gas
16:12
Speaker 1: prices going up without necessarily uh well with with no
16:18
Speaker 1: wage increase at least nothing valuable enough to the middle
16:22
Speaker 1: and lower class right now to help compensate for these increases.
16:27
Speaker 1: Is this just gonna continue, like if you had a
16:29
Speaker 1: crystal ball, Jason, um, Are we just going to conside
16:32
Speaker 1: the c these prices go up and up and up
16:35
Speaker 1: and gas kind of stay around the five dollar UH
16:38
Speaker 1: price forever? Or are we budgeting and saving now so
16:42
Speaker 1: that in the future we'll get back to what we're
16:45
Speaker 1: more comfortable spending on these things. Yeah, one of the
16:48
Speaker 1: big issues going on right now, Ben is the fact
16:50
Speaker 1: that this like we have this crystal ball in all
16:53
Speaker 1: areas of life, like we always want to use history
16:55
Speaker 1: to predict the future, like in anything, like even like
16:58
Speaker 1: if you're listening right now, like think about a real relationship,
17:00
Speaker 1: like you want to look at your last relationship to
17:03
Speaker 1: try and avoid what didn't work. But the problem is
17:05
Speaker 1: with the market, it's like we're dealing with the craziest
17:10
Speaker 1: x we've ever dealt with. Like things are moving in
17:13
Speaker 1: such different ways that we're forecasting and we don't know
17:16
Speaker 1: what to do, and we're in this position where it's
17:18
Speaker 1: almost like damned if you do, damned if you don't.
17:21
Speaker 1: And so we just got the inflation report out, and
17:23
Speaker 1: for anyone that doesn't know, it comes out monthly, and
17:26
Speaker 1: so just like trying to forecast it, we really expected
17:29
Speaker 1: it to be lower, and it came out at all
17:31
Speaker 1: time highs. We haven't seen inflation this high, to put
17:34
Speaker 1: it in perspective, in forty years plus year over year.
17:38
Speaker 1: So people are panicking, and with panic becomes sell offs,
17:42
Speaker 1: and you'll hear the term bear market a lot and
17:44
Speaker 1: that means the markets down over in a period of time.
17:48
Speaker 1: So that's what it means, because you're gonna hear it
17:49
Speaker 1: a lot. But the thing that you should know is
17:52
Speaker 1: that um interest rates are going to go up. They
17:54
Speaker 1: have to, and the reason they're going to is because
17:56
Speaker 1: it's gonna combat inflation. So if you have debt and
18:00
Speaker 1: now really think about maybe refinancing because we know they're
18:04
Speaker 1: going up. So that's a big thing. Uh. And the
18:06
Speaker 1: other thing is like, just think more about where you're
18:09
Speaker 1: spending your money and how you're spending it because of
18:12
Speaker 1: the price of fuel in the way it's going up now.
18:14
Speaker 1: I don't want to get too technical, but the government
18:16
Speaker 1: is doing some small things to help from attack strategy,
18:20
Speaker 1: what you can write off for your gas because it's
18:22
Speaker 1: become so outrageously expensive. So know that some things are
18:26
Speaker 1: being put in place, but like, really really think about
18:30
Speaker 1: where you're spending your money. And a big one, I
18:31
Speaker 1: would assume that most people on this pot are listening
18:34
Speaker 1: to this podcast can relate to his rent. So if
18:37
Speaker 1: you're listening this, like, I'll ask you a question, do
18:39
Speaker 1: you rent? And so hopefully or not hopefully, but I
18:42
Speaker 1: would assume some of you guys are saying, Yes. A
18:45
Speaker 1: big ratio that you've got to know is if you're renting,
18:48
Speaker 1: you have to know what the price to rent ratio
18:51
Speaker 1: is in your market and you can google it. Just
18:53
Speaker 1: google what is my price to rent ratio? So, for example,
18:56
Speaker 1: in Detroit, price to rent ratio is about five. Okay, Jason,
19:00
Speaker 1: what does the ratio? Does that mean? Five? That means
19:02
Speaker 1: in five years if you're paying rent, in five years,
19:07
Speaker 1: you could actually own a property. So it doesn't make
19:10
Speaker 1: sense in this world where costs are so expensive to
19:13
Speaker 1: be renting if you can afford to buy, because in
19:15
Speaker 1: five years you would own it. Now, let's going to Manhattan.
19:18
Speaker 1: Your price to rent ratio is like fifty five. It
19:20
Speaker 1: would take you fifty five years given rent to have
19:23
Speaker 1: ownership of the place. So there it might be more
19:26
Speaker 1: advantageous to rent. So when you're thinking about costs, one
19:30
Speaker 1: cost I think that most people listening would think about
19:32
Speaker 1: is their rent. Really think about price to rent ratio
19:35
Speaker 1: because it could definitely change what you're doing and how
19:38
Speaker 1: you're building an asset. How can somebody out there right
19:41
Speaker 1: now find the info needed to have these tax savings
19:46
Speaker 1: when it comes to gas or when it comes to
19:48
Speaker 1: maybe you know, it's not uh, it won't be shocking
19:52
Speaker 1: if the government starts to do some things to subsidize
19:54
Speaker 1: some of the price of groceries. Where can people find
19:57
Speaker 1: that material to know if they can benefit from or not.
20:00
Speaker 1: Shameless plug So Trading Secrets podcast we talk a lot
20:04
Speaker 1: about it, and then we also have an Instagram account
20:06
Speaker 1: Trading Secrets, where we try and get this stuff up
20:08
Speaker 1: and out as soon as we can. But of course
20:10
Speaker 1: there's other forums where you can get it quicker. You'll
20:12
Speaker 1: just have to do a little digging. Like if you
20:13
Speaker 1: go to I R S dot gov, you can see
20:16
Speaker 1: all the things that they are putting out and but
20:19
Speaker 1: it's it's a little too technical for most people, but
20:22
Speaker 1: you can go to it. The easiest place I'm gonna
20:24
Speaker 1: give you, like the Wikipedia and Finance, is called Investopedia.
20:28
Speaker 1: So if you're ever anyone out there, if you are
20:31
Speaker 1: listening and you get confused by something and you're embarrassed
20:34
Speaker 1: to ask or you don't know what to do, literally
20:36
Speaker 1: just go to investopedia. Put in the word, the term,
20:39
Speaker 1: or the question, and their resources are barred on some
20:42
Speaker 1: of the best out there, and they break it down
20:45
Speaker 1: in a way that just it makes sense. It's not
20:47
Speaker 1: so textbook and confusing. So that's Investopedia is a place
20:51
Speaker 1: I go. Investopedia is all my favorites tab by the
20:54
Speaker 1: way on my browser because I need help understanding a
20:58
Speaker 1: lot of these acronyms and a lot of the things
21:01
Speaker 1: that are being done and I just need to break
21:02
Speaker 1: it down. Or YouTube is actually a good place to
21:05
Speaker 1: to be, like what is X y Z and place
21:09
Speaker 1: typically there's good videos explaining it. Um, all right, Jason,
21:13
Speaker 1: let's take a break here. When we come back, we're
21:15
Speaker 1: gonna kind of sandwich this podcast. We'rena talk like a
21:19
Speaker 1: lot about what we just talked about, uh, kind of
21:21
Speaker 1: current events, what's going on. We're gonna talk about in
21:23
Speaker 1: a second, what happens in the bachelor world, how do
21:25
Speaker 1: people make money? Do they make money? Is this all
21:28
Speaker 1: a scam? And then we'll end it with a few
21:30
Speaker 1: more personal questions and we'll get you out of here. Um,
21:33
Speaker 1: but let's take a break, get a glass of water,
21:35
Speaker 1: and we're back with Jason Tardi. All right, Jason, Uh,
21:47
Speaker 1: as I said, we're gonna sandwich this episode with personal
21:50
Speaker 1: finance and then also with some bachelor talk. Uh, Jason
21:54
Speaker 1: it's Uh. We talked earlier about kind of the taboo
21:57
Speaker 1: subjects around how much money do you make? Um? I
22:00
Speaker 1: feel that way in the Bachelor world. Right. It started
22:03
Speaker 1: when I became the Bachelor. I had no clue how
22:05
Speaker 1: much money I should ask for to be the Bachelor. Um,
22:07
Speaker 1: but you have this company negotiating with you, this massive company,
22:11
Speaker 1: for the first time ever, and I'm like, I'll just
22:13
Speaker 1: take anything, Just give me the opportunity. I guess. Um,
22:16
Speaker 1: nobody wanted to talk to me about how much money
22:18
Speaker 1: they made until post filming, and then I kind of
22:21
Speaker 1: found out are people Let's just start with a very
22:24
Speaker 1: general question, Um, are people making money coming on this show,
22:29
Speaker 1: like is this is this a career like path for them? Yeah?
22:33
Speaker 1: I mean it certainly can be, right, And I think
22:36
Speaker 1: the reason people would say then why, And it's because
22:39
Speaker 1: after the show, we now live in this world where, um,
22:43
Speaker 1: on social media, your individual page, you're you're literally a
22:48
Speaker 1: human billboard, right, and so you're gaining the demographic from
22:53
Speaker 1: the show that is ideal to marketing agencies in brands
22:58
Speaker 1: that are anything that are cosumer to direct business to
23:02
Speaker 1: direct consumer. Right, So think about consumer brands, like all
23:06
Speaker 1: the things right, like, I'm drinking Bubbly Sparkling water, my
23:09
Speaker 1: iPhone that's right here, my oral b toothbrush, my bud
23:13
Speaker 1: light that I drink, or ranch water, whatever it may be. Uh,
23:16
Speaker 1: these are all direct to consumer brands, and you're now
23:19
Speaker 1: stepping into a space where you have access to the
23:21
Speaker 1: target market of direct to consumer brands and they're very
23:26
Speaker 1: engaged in what you're doing. And it's just if you
23:29
Speaker 1: think I was at c m AS recently and I'm
23:31
Speaker 1: looking at the stadium and I'm thinking about there's about
23:34
Speaker 1: seventy people in the stadium, and my eyes just catching
23:36
Speaker 1: all the billboards and things that are out there, and
23:39
Speaker 1: this seventy people I'm looking. I'm like, oh my god,
23:41
Speaker 1: this is so many people. Then I could go to
23:44
Speaker 1: one of Ben Higgins videos on what of his reels
23:47
Speaker 1: or something on Instagram and there's a million humans, one
23:50
Speaker 1: million humans checking this stuff out plus and so it
23:55
Speaker 1: creates an opportunity to monetize at a level that people
23:58
Speaker 1: just really don't end diticipate. So if we can throw
24:02
Speaker 1: some numbers around, uh, just based on what you've learned,
24:06
Speaker 1: it's gonna be a two part question. If you don't
24:08
Speaker 1: mind the main question is how much money are typically
24:13
Speaker 1: people making uh from these ads and post show And
24:18
Speaker 1: then also the second part of this is or have
24:20
Speaker 1: people made money uh like some of the earlier seasons
24:23
Speaker 1: made more money? Or are people making more money now? Um?
24:27
Speaker 1: Do you have any of this information? Well, the information
24:30
Speaker 1: I do have is that, like if you look at
24:32
Speaker 1: the market cap and the market size of influencer marketing,
24:35
Speaker 1: it's grown by the billions you know over here, I
24:38
Speaker 1: mean it's it's exponentially grown, so that it is absolutely
24:42
Speaker 1: at the highest level it's ever been. Right. Now, what's
24:45
Speaker 1: interesting is is COVID actually propelled the market because while
24:50
Speaker 1: no one was driving anymore, listening to the radio, listening
24:52
Speaker 1: to podcasts as much walking or going past the billboard,
24:57
Speaker 1: the marketing groups that weren't like leaders to this space
25:01
Speaker 1: had no option but to deploy capital towards our phones.
25:05
Speaker 1: And so now the market is bigger than it's ever been.
25:08
Speaker 1: So I think what you're seeing is a whole lot
25:10
Speaker 1: more volume now, a whole lot more volume and larger
25:13
Speaker 1: dollars with larger opportunities. But with more volume and opportunities
25:17
Speaker 1: comes more competition. And as a result of competition, I
25:21
Speaker 1: think what you're seeing is probably maybe a little bit
25:24
Speaker 1: less opportunity for those who haven't like built the audiences
25:28
Speaker 1: that are appealing to the brands. And if you look
25:31
Speaker 1: at what's appealing to a brand, it's the following count,
25:35
Speaker 1: it's the brand of the individual, it's the engagement of
25:38
Speaker 1: their audience, it's the community they've built, it's the quality
25:41
Speaker 1: of content they've put out, the consistency and cadence of
25:45
Speaker 1: what they're putting out, all those things that really factor
25:48
Speaker 1: in price points and rates. And so people always wonder
25:52
Speaker 1: if you could throw out like a range of what
25:54
Speaker 1: an individual could make. Let's say somebody that's a very
25:58
Speaker 1: successful contestant from the show. We're gonna through three categories,
26:00
Speaker 1: contestants villains from the show that have a large following
26:04
Speaker 1: in the leads. Maybe with most leads I think maybe,
26:09
Speaker 1: except as of recent have more than five thousand followers.
26:13
Speaker 1: We'll do a little baseline here, So some of my
26:15
Speaker 1: in like, I mean, here's obviously speculation, right, but I'm
26:19
Speaker 1: gonna do a little speculation. I think in general, females
26:25
Speaker 1: in this space that are from the Bachelor franchise will
26:28
Speaker 1: do better than a male. If you take the same
26:31
Speaker 1: following same engagement, your your female will monetize better. Why
26:37
Speaker 1: because it's it's more relatable to the audience, which is
26:41
Speaker 1: pretty much I would say there's probably not anyone in
26:43
Speaker 1: the bat I would be willing to bet this that
26:45
Speaker 1: there's no one that's come off the Bachelor's franchise with
26:48
Speaker 1: at least ten thousand followers that doesn't have at least
26:53
Speaker 1: I'm gonna say eighty five percent demographic of females eighteen
26:58
Speaker 1: to forty four, that's my speculation. As a result of that,
27:02
Speaker 1: it creates a lot more relatability, higher engagement, easier to sell,
27:07
Speaker 1: right Like if so, that is a big that's a
27:09
Speaker 1: big thing to note if you're taking a female lead
27:13
Speaker 1: in today's world, with the opportunity that's out there. Um,
27:17
Speaker 1: you know, assuming that the show runs the way it's running,
27:21
Speaker 1: you know, within a year or two there they should
27:26
Speaker 1: absolutely be monetizing at the seven figure level. I would
27:30
Speaker 1: think so after about two years, I would think they
27:33
Speaker 1: have grossed um for sure, two years post show as
27:37
Speaker 1: a lead female at least in the seven figure space
27:42
Speaker 1: if they are hungry to do just that. And that
27:46
Speaker 1: is why everyone leaves their job, right, People are wanting
27:49
Speaker 1: to know we've talked about in the last episode. Yes,
27:52
Speaker 1: there's different motivations, but when there's that kind of money
27:55
Speaker 1: being thrown at you, it's tough not to take a
27:57
Speaker 1: detour into that space. So I think that I think
28:01
Speaker 1: a villain something to know, talk to a lot of
28:03
Speaker 1: CEOs of like big big agencies. One thing that's interesting
28:07
Speaker 1: in the space of influencing, if you are a G
28:10
Speaker 1: rated influencer, your total gross income will be so much
28:15
Speaker 1: higher than an R rated influencer. So why do we
28:18
Speaker 1: look at Forbes List and people are like, we don't
28:21
Speaker 1: but Forbes List and like, look at the fact that
28:23
Speaker 1: like babies and kids are some of the highest paid
28:25
Speaker 1: influencers out there. It's because they're g rated content. And
28:29
Speaker 1: so the big brands with the big dollars that could
28:31
Speaker 1: put massive spend behind it have no liability with a
28:35
Speaker 1: g rated influencer. So an R rated influencer, the people
28:38
Speaker 1: that might be selling you know, dildos or things of
28:43
Speaker 1: that nature, Uh, they are going to they can still
28:47
Speaker 1: make a lot of money doing it. And there's nothing
28:49
Speaker 1: wrong with selling a dildo. Uh, there's nothing wrong with
28:52
Speaker 1: that space. Um, but they're gonna make less on an
28:57
Speaker 1: actual rate perspective than someone who is in the g
29:00
Speaker 1: YOU rated space. So can you be a villain and
29:03
Speaker 1: have kind of like a negative connotation and sell into
29:06
Speaker 1: that PG thirteen R rated brand? For sure, but you're
29:09
Speaker 1: gonna make a lot less based on what the executives
29:12
Speaker 1: of this space c then someone that's in that g
29:15
Speaker 1: PG level, If that makes sense. Is there actually a
29:19
Speaker 1: rating system like do brands have like Ben Higgins R rated,
29:23
Speaker 1: Jason Tartik G rated? Like do they rank them? Or
29:27
Speaker 1: is this just you know, you using words to kind
29:29
Speaker 1: of describe how brands see you. So the second episode
29:33
Speaker 1: of Trading I'm saying this because it's so true. The
29:35
Speaker 1: second episode ever a Trading Secrets, I got the CEO
29:38
Speaker 1: of an influencer agency. He said it was like the
29:40
Speaker 1: biggest agency in the world. I didn't really fact check it,
29:44
Speaker 1: but I asked him, literally, been the same exact question,
29:47
Speaker 1: and he said that the big brands have algorithms and
29:51
Speaker 1: and they have um they have software that you can
29:55
Speaker 1: put in a profile and it will spit out what
29:58
Speaker 1: their rating is. So he was telling me, like, what
30:01
Speaker 1: because I swear a little bit like I swear a
30:02
Speaker 1: decent amount. I just said you know, especially the podcast.
30:05
Speaker 1: It's just I'm talking. He's like that can be picked
30:08
Speaker 1: up in your content. Your content can be picked up
30:11
Speaker 1: in your rating, which is wild. So you are good
30:16
Speaker 1: with that PGG rated for I think I would give
30:18
Speaker 1: Ben Agains a PG boring saw me too, that's it. Yeah,
30:24
Speaker 1: it goes to bed at nine. He's got something wrong
30:28
Speaker 1: with him. We just don't know what it is. Yeah,
30:30
Speaker 1: I get it. I hear it all. Hey, I feel
30:34
Speaker 1: like I'm listening to troll. Uh. Jason. Final question for
30:39
Speaker 1: you about the Bachelor World, Um, how again? You know
30:46
Speaker 1: you kind of mentioned earlier that there's a lot more
30:49
Speaker 1: competition out there. We don't see the follower account as
30:51
Speaker 1: high as it once was from the franchise. That's just truth,
30:55
Speaker 1: you know, for whatever reasons, lack of viewership, lack of engagement,
31:00
Speaker 1: more people to follow, who knows, we could blame on
31:01
Speaker 1: all those things. Maybe it's maybe it's a mixture of
31:03
Speaker 1: all three um people coming off the show today contestants.
31:08
Speaker 1: Let's not go with leads. That's a whole different beast.
31:11
Speaker 1: Uh is coming off the show and being an influencer
31:14
Speaker 1: still a viable income stream. Do you think that they
31:19
Speaker 1: can make this work. And then if so, how many
31:23
Speaker 1: years can you stay an influencer before that income stream
31:30
Speaker 1: goest gets so low? Because I'm imagining there's like a
31:33
Speaker 1: depreciating accent there where you're really relevant. Then if you
31:36
Speaker 1: don't continue to stay relevant, you're not as needed for
31:39
Speaker 1: these brands. How long can these people still make it?
31:43
Speaker 1: I think you can make so Like I have seen
31:46
Speaker 1: so I have fifty I have investment into a talent
31:50
Speaker 1: agency so I do get some exposure to this stuff.
31:53
Speaker 1: And I have seen food influencers, lifestyle and influencers, unscripted
31:57
Speaker 1: television influencers, comedians, I mean all the different genres. And
32:03
Speaker 1: the biggest concern out there is longevity. How long will
32:06
Speaker 1: it last? But if you are creating you know through
32:09
Speaker 1: like you know your individuality and your authenticity, you're commute,
32:12
Speaker 1: you're creating that community, you're creating that brand, and you're
32:16
Speaker 1: putting good content out there, the deals won't stop. The
32:19
Speaker 1: deals will not stop. Even if you're you know, relevancy,
32:22
Speaker 1: especially with the Batchelor off the show, your followers may decrease,
32:26
Speaker 1: if you're still building that community with you, those deals
32:30
Speaker 1: and those opportunities won't won't go away because there's more
32:34
Speaker 1: of them out there than anywhere. The big question then
32:37
Speaker 1: becomes and this is more like on talent management sides,
32:40
Speaker 1: like do you have the right people that are advocating
32:42
Speaker 1: for you. Now, it's interesting with the show, as you
32:44
Speaker 1: see a lot of the competitive shows people are coming
32:47
Speaker 1: off with like massive followings. And I was just doing
32:50
Speaker 1: a little consulting with some dancers on Dancing with the Stars.
32:53
Speaker 1: It will be really interesting because this will be one
32:55
Speaker 1: of the first shows that is taking a live network
33:00
Speaker 1: national station to streaming, So it will be fascinating to see,
33:05
Speaker 1: like what happens with the following there and with the
33:08
Speaker 1: Bachelor franchise. I think one of the issues just in
33:10
Speaker 1: general with these big followings is like your total volume
33:14
Speaker 1: of viewership is decreasing a little bit, right, Like I
33:18
Speaker 1: think it depends like the Bachelor always does well, Batcherette
33:21
Speaker 1: does a little worse, Paradise can go. But if that
33:24
Speaker 1: number of network viewers decreases, it will be interesting to
33:28
Speaker 1: see how they spin into live shows on streaming and
33:32
Speaker 1: if that will then give a huge bump up. But
33:34
Speaker 1: you could have fifteen thousand followers and you could create
33:37
Speaker 1: a life changing business if those fifteen thousand followers are
33:40
Speaker 1: engaged not for today, not for tomorrow, but literally for
33:43
Speaker 1: a lifetime. Yeah. I mean I would say even at
33:45
Speaker 1: generous my coffee company, if we had fifteen thousand subscribers
33:48
Speaker 1: that were subscribing to our coffee, let's say hundred subscribers,
33:53
Speaker 1: that was that's that is a good business like that
33:56
Speaker 1: are buying our coffee monthly, and we know it, we
33:59
Speaker 1: can predict it, we can plan for the future around that.
34:02
Speaker 1: Um So no, it's a great point. Hey, We're gonna
34:05
Speaker 1: take one more break. When we come back. We have
34:06
Speaker 1: just a few more questions for Jason relating with him personally.
34:10
Speaker 1: And I'm gonna end uh with a very dramatic question.
34:15
Speaker 1: Um I'm not gonna tease it, but it's gonna be.
34:17
Speaker 1: It's gonna put them on the spot. We'll be back
34:19
Speaker 1: with almost famous podcast. All right again, thank you the
34:32
Speaker 1: Best Egg for helping us put on this podcast. It's
34:35
Speaker 1: been awesome to talk to Jason. Jason, just a few
34:37
Speaker 1: more questions for you here. Um really, this one goes
34:42
Speaker 1: back to the beginning. But have you always been good
34:44
Speaker 1: with your money? If somebody's out there listening and they've
34:46
Speaker 1: heard everything that you've said to day, and they've heard
34:48
Speaker 1: about the influencer marketing, and they've heard about the idea
34:50
Speaker 1: that if they have even followers on Instagram, and you know,
34:54
Speaker 1: there is a level to where it is valuable to
34:56
Speaker 1: have some followers on social media. Um and uh. And
35:01
Speaker 1: they're listening to this and they're going, Hey, I think
35:02
Speaker 1: I can do something with all of this. And thanks
35:05
Speaker 1: to Jason for kind of putting that out. Has this
35:07
Speaker 1: always come natural to you or had you did you
35:10
Speaker 1: have to learn along the way. Yeah, I mean I
35:12
Speaker 1: think it's so important for your audience to know. Ben,
35:14
Speaker 1: for these for starters, you could have five hundred, you
35:17
Speaker 1: could have a hundred followers. It takes literally one year
35:19
Speaker 1: and one relationship that could change everything. And these days
35:22
Speaker 1: on TikTok, I mean, it's crazy what people what's happening
35:26
Speaker 1: to people overnight? I mean since the pandemic. The people
35:28
Speaker 1: that I've talked to, their live his their lives are
35:31
Speaker 1: night and day like, There's never been more of an
35:34
Speaker 1: opportune time if you have an opinion or a thought
35:37
Speaker 1: or an expertise to get it out there, because you
35:39
Speaker 1: don't need a TV show anymore, you don't need a
35:41
Speaker 1: platform to give you the launch. These platforms exist, and
35:45
Speaker 1: so get it out there, take a shot at it.
35:47
Speaker 1: You never know. One little quick thing the Points guy
35:49
Speaker 1: had him on the podcast. Two years the guy was
35:51
Speaker 1: working in HR at a bank seventy k started writing
35:55
Speaker 1: about how people could utilize their credit card points. That's it.
35:58
Speaker 1: Because he loved it. You just had a past about
36:00
Speaker 1: created the blog two years later, sold it for eight figures.
36:03
Speaker 1: He had no jump start, he had no show. Eight figures.
36:06
Speaker 1: Twelve years later, he still runs the business. He's exited twice.
36:10
Speaker 1: Life changing from credit card freaking points. Okay, now I'm
36:13
Speaker 1: gonna get back to your question about being like on
36:16
Speaker 1: the money side. Um, my grandfather was an oral surgeon,
36:20
Speaker 1: and so he at a very young age, brought me
36:23
Speaker 1: in and told me that he had an advisor and
36:25
Speaker 1: an advisor. And this does not go for every advisor
36:28
Speaker 1: out there, but his advisor always told him when to buy,
36:31
Speaker 1: never told him when to sell. And he started to
36:33
Speaker 1: question him a little bit and noticed that it was
36:35
Speaker 1: a little um sketchy in his ways. And so he
36:39
Speaker 1: took a massive hit with fees, but exited every single
36:43
Speaker 1: dollar from that advisor, and he managed all his money himself.
36:46
Speaker 1: And he taught himself how to do it. And so
36:48
Speaker 1: he sat me down at sixteen at the time and
36:51
Speaker 1: went through every single dollar that he had and where
36:53
Speaker 1: it was, and where and how the families money all
36:56
Speaker 1: these things. So it became very comfortable to me to
36:59
Speaker 1: like talk of out these things. And so as an
37:01
Speaker 1: early age, and I've I've always kind of taken the
37:04
Speaker 1: mindset that, like, you need to be smart with your
37:07
Speaker 1: money because it can create independence and opportunity unlike anything else.
37:11
Speaker 1: We're gonna popcorn question around here. None of them are
37:14
Speaker 1: going to really really relate with each other. Um, but
37:16
Speaker 1: they're just questions I want to get to with you
37:18
Speaker 1: before we closed out here. UM. For somebody listening right
37:22
Speaker 1: now working in a career, Um, they love, but they
37:26
Speaker 1: feel like they need to be compensated more. What tips
37:28
Speaker 1: do you give somebody? Uh, to negotiate their salaries? The
37:32
Speaker 1: easiest thing to do. There's a whole chapter about this
37:34
Speaker 1: in the book, but only thirty people their entire LIFs
37:37
Speaker 1: negotiate for themselves, which is scary in itself. But the
37:41
Speaker 1: biggest thing you gotta do is you got to find
37:43
Speaker 1: out what your value is. So if I say to
37:45
Speaker 1: you right now, what should you be paid? And you
37:47
Speaker 1: don't know the answer, you better go get the answer.
37:49
Speaker 1: How I did it was I took all my analytics
37:53
Speaker 1: for what I was doing in my job, put it
37:54
Speaker 1: on a resume, went out to head hunters that were
37:57
Speaker 1: looking for bankers, and I just said, go find me offer.
38:00
Speaker 1: They found me an offer from a competitor. Uh. They
38:02
Speaker 1: told me exactly how much it was gonna be. I
38:04
Speaker 1: think it was, like I think at the time, the
38:07
Speaker 1: offer was, if I remember correct, was like a hundred
38:10
Speaker 1: and forty grand with bonus potential up to like I
38:13
Speaker 1: think it was like of the base. And so I
38:15
Speaker 1: took it into my It took this, by the way, guys,
38:17
Speaker 1: it took me ten minutes, literally a ten minute conversation.
38:21
Speaker 1: Here's this, give me a verbal offer. I go into
38:23
Speaker 1: my boss's office and I said to him in a
38:25
Speaker 1: very like, non threatening way, like I don't want to leave,
38:29
Speaker 1: but I have to do my due diligence. Here you
38:32
Speaker 1: can see yourself. I'm not making it up. This is
38:34
Speaker 1: the email. This is the offer I was given. I'm
38:36
Speaker 1: not even asking you to match it. I'm just asking
38:40
Speaker 1: you to say, does it make sense for him to
38:43
Speaker 1: be compensated more. How bad do we want him? Can
38:45
Speaker 1: you do anything? And you don't need to make a decision. Now,
38:48
Speaker 1: forty eight hours he came back and he gave me.
38:50
Speaker 1: I think he ended up bumping my pay. It was
38:52
Speaker 1: like to one fifteen or something. So no, he didn't
38:55
Speaker 1: match the one thirty or one forty of whatever it was,
38:58
Speaker 1: but it was like a round of pay increase and
39:02
Speaker 1: that was a lot of That was a huge change
39:04
Speaker 1: for me. That took twelve minutes. Go find out what
39:07
Speaker 1: other people would pay you in competitive industries or competitive companies,
39:11
Speaker 1: and use that information to negotiate for yourself. And if
39:14
Speaker 1: my boss comes back and says to me, no raise,
39:17
Speaker 1: you got nothing. I just got about five years of
39:20
Speaker 1: information in attendinut conversation. So why am I stay here
39:23
Speaker 1: another two years busting my chop, succeeding every expectation to
39:26
Speaker 1: know that I'm never going to get the rays that
39:28
Speaker 1: I need anyway, I gotta hit the door. So go
39:30
Speaker 1: find out what your value is. It's a great point.
39:33
Speaker 1: And to highlight something you said is in that non
39:36
Speaker 1: threatening way, right, you don't want to be walking there,
39:37
Speaker 1: say this and they say you're out. No, there's I mean,
39:40
Speaker 1: I think most people in leadership at companies welcome this conversation.
39:46
Speaker 1: I know I do with my employees. When somebody comes
39:48
Speaker 1: to me and says, hey, I think I need to
39:49
Speaker 1: be compensated more. Great, Let's open up the door to
39:52
Speaker 1: have this question, this this conversation. Let's talk about why
39:55
Speaker 1: you feel this way, what you're doing that feels that
39:57
Speaker 1: makes you feel like you're far exceeding what you're getting
40:00
Speaker 1: paid for, and let's see if we can work work
40:02
Speaker 1: something out here. I welcome those conversations, because here's the
40:05
Speaker 1: other point. Something very interesting I think that I've learned
40:09
Speaker 1: is typically your boss cares about you. Hopefully you have
40:12
Speaker 1: a good boss that cares about you, but they're not
40:15
Speaker 1: thinking about you a percent of the time. And there
40:18
Speaker 1: and and if they are thinking about you, it's oftentimes
40:20
Speaker 1: about productivity and what needs to be done for the company,
40:22
Speaker 1: not exactly if you're being compensated fairly until the end
40:25
Speaker 1: of the year, where that's a conversation that everybody's having
40:28
Speaker 1: on bonuses into the year, you know, salary increases, those
40:31
Speaker 1: type of things, but throughout the year, it's I welcome
40:35
Speaker 1: somebody coming and saying, hey, I need more totally, totally,
40:39
Speaker 1: and I think you could get more like to your point,
40:42
Speaker 1: if you have a good boss, your boss is gonna
40:43
Speaker 1: do what's like or at least have some type of
40:45
Speaker 1: insight that's gonna be who like your personal interests. I
40:48
Speaker 1: just had an employee come to me. She got an
40:51
Speaker 1: offer from a not a competitor, a company in tech,
40:54
Speaker 1: and she's awesome. She was great ten out a ten employee.
40:57
Speaker 1: Our financials just couldn't support that race she got. I said, there,
41:02
Speaker 1: we're not a tech company. We haven't raised money the
41:04
Speaker 1: way they've raised money. I can't pay that. But if
41:07
Speaker 1: you want to go like, you gotta go. And maybe
41:10
Speaker 1: one day I'll get to the company to the point
41:12
Speaker 1: where we can pay that and I will come knock
41:14
Speaker 1: it on your door. But for your best interest, if
41:17
Speaker 1: this is something you're excited about, you gotta go take that.
41:19
Speaker 1: And those are the things I think you should look for,
41:21
Speaker 1: especially to your point, Ben, when you're interviewing, you know,
41:24
Speaker 1: what's just as important as your pay and maybe more important,
41:27
Speaker 1: is who is your leader and is that someone that
41:30
Speaker 1: you aspire to be, because if it's not, you're in
41:32
Speaker 1: the wrong spot. Yeah, yeah, great points. Okay, final question
41:35
Speaker 1: for you, buddy. Uh again Uh. And here, I'm gonna
41:39
Speaker 1: set some parameters here so it's not awkward for you,
41:43
Speaker 1: Not that I would fall into this conversation at all,
41:46
Speaker 1: but I'm just gonna make it easy from the beginning.
41:48
Speaker 1: The answer here cannot be me, It cannot be your fiance,
41:51
Speaker 1: and it cannot be yourself. Okay, So who do you
41:56
Speaker 1: think from the show from The Bachelor and Bachelor at
41:59
Speaker 1: World has been really smart about their career? Who do
42:03
Speaker 1: you look at and go They've done well with what
42:05
Speaker 1: they've been given. Um. Alright, so it can't be me, you,
42:11
Speaker 1: it can't be Caitlin. Those are the parameters I'm gonna
42:14
Speaker 1: go with. Um. Jillian Harris is one who's done unbelievable.
42:20
Speaker 1: She's created in phenomenal community, phenomenal brand. Um. I think
42:27
Speaker 1: one thing that Nick Vile has done exceptionally is that
42:31
Speaker 1: he found a niche that the Bachelor audience still has
42:35
Speaker 1: extreme interest in at the same level they do the Bachelor,
42:38
Speaker 1: and he has plugged and worked his ass off to
42:40
Speaker 1: build a really solid community. He's done great with that.
42:44
Speaker 1: I think another guy he's done great, Travis Stark. Unbelievable.
42:49
Speaker 1: I mean what he's done in like the doctor space
42:50
Speaker 1: and been hosting like that is phenomenal. Let's talk about
42:53
Speaker 1: more recent people. I think Tyler Cameron genius one show.
43:00
Speaker 1: All the pieces of that puzzle connected at a level
43:03
Speaker 1: that he's one of the most followed people from the show.
43:07
Speaker 1: And he could have been going to be the Bachelor.
43:09
Speaker 1: He could have had those opportunities, and he knew that
43:12
Speaker 1: he could take this platform and move into a different direction.
43:15
Speaker 1: He has and he has. He's branded himself brilliantly, like
43:21
Speaker 1: absolutely brilliantly. Another one I'm gonna put out there just
43:24
Speaker 1: just because it's more recent and more fun. I think
43:26
Speaker 1: she's doing a phenomenal, phenomenal job. Is Rachel Kirconnell. She's
43:30
Speaker 1: consistent with her posting. She she's in the lifestyle blogging
43:34
Speaker 1: vlogging space. Her engagement is super high. She never misses
43:39
Speaker 1: a day. I've never had that conversation with her, but
43:43
Speaker 1: like from a third like third level looking in, she's
43:48
Speaker 1: building something I think that's gonna be extremely sustainable. That's
43:51
Speaker 1: very impressive. You just named off a lot of people,
43:54
Speaker 1: a lot of people that I go, yeah, of course
43:57
Speaker 1: they've they've done great. Now if I would have opened
44:00
Speaker 1: up the door for you. I would have to put
44:02
Speaker 1: Caitlin in that category. I think Caitlin is um done
44:07
Speaker 1: an incredible job. Here's the weirdest thing for tell me
44:10
Speaker 1: if you disagree as we close out here is I
44:12
Speaker 1: thought I was having as a year coming on. Caitlin
44:14
Speaker 1: kind of disappeared for like two years, and I think
44:16
Speaker 1: there's like some behind the scenes there, right, but like
44:19
Speaker 1: you didn't hear a lot of Caitlin after her time
44:22
Speaker 1: on The Bachelor at and then she kind of like
44:25
Speaker 1: rose from the ashes and like this kind of blossomed
44:29
Speaker 1: with her podcast and her following in her wine and
44:31
Speaker 1: her scrun cheese and then into hosting, and she crushed
44:34
Speaker 1: it into hosting, she liked, I don't know what she
44:36
Speaker 1: was doing, we can all assume, but then she, like you,
44:40
Speaker 1: kind of came into her life and she blossomboddy. I
44:42
Speaker 1: don't know if you can take credit for that, but
44:43
Speaker 1: it kind of feels like Caitlin is is living the
44:46
Speaker 1: good life now. I mean, that's nice to you to say.
44:50
Speaker 1: I think she helps me with a lot of things.
44:51
Speaker 1: I think I can help her with a lot of things,
44:53
Speaker 1: like on the business end, as far as like operations
44:55
Speaker 1: and like fundamentals, but her creativity and her community is
44:58
Speaker 1: unreal honest though, I think to take away from that
45:01
Speaker 1: is like, unless you're in a really comfortable spot with
45:07
Speaker 1: where you are and who you are, uh and knowing
45:10
Speaker 1: yourself better than like anybody, it takes that to get
45:15
Speaker 1: to the next level, you know what I mean? And
45:17
Speaker 1: I think for Caitlin is like I don't know any
45:20
Speaker 1: like too many people in my life that know themselves
45:23
Speaker 1: better than Caitlin knows herself. And that's willing to move
45:28
Speaker 1: forward in the direction that Caitlin feels best for her,
45:32
Speaker 1: regardless of what anybody says, how someone puts her down,
45:35
Speaker 1: how someone tells her she's wrong. You know, she just
45:38
Speaker 1: knows herself and what she wants out of life so well,
45:42
Speaker 1: and like that's a massive takeaway from me. And and
45:45
Speaker 1: she's just she's built just something that's unbelievable, and the
45:48
Speaker 1: core of it is from her knowing herself and empowering
45:51
Speaker 1: others to do the same. Yeah, talk about longevity, I
45:54
Speaker 1: mean Caitlin, Caitlin Bristol could literally again disappear, and her
45:59
Speaker 1: brands and the brands that she's built in the community
46:01
Speaker 1: she's built around him, would still be there. I mean,
46:04
Speaker 1: what an incredible compliment like on the business side to
46:08
Speaker 1: what she's done with her and her team. Just super
46:10
Speaker 1: cool to see. Well, that's a good note to end on. Jason,
46:13
Speaker 1: Thanks for spending so much time with us today. Thanks
46:14
Speaker 1: for all your insight, sharing your knowledge. UH. It's been
46:18
Speaker 1: a pleasure. Again. Thanks the Best Egg for having us
46:21
Speaker 1: UH today. I hope you all gained something from listening
46:23
Speaker 1: UM and UH. And if you need any more insight,
46:26
Speaker 1: and I'm telling you this from the bottom of heart,
46:28
Speaker 1: you can pick up the Restart road map or you
46:30
Speaker 1: can get on Trading Secrets find them on Instagram. They
46:32
Speaker 1: have a great some great tips stuff I learned UM
46:37
Speaker 1: often from from watching Jason's interviews and the posts that
46:40
Speaker 1: are done. So go check them out right now. Jason Tartik,
46:43
Speaker 1: thank you for joining us today and thank you so
46:45
Speaker 1: much for having me. Thank you again for listening to
46:47
Speaker 1: this episode of the Almost Famous Podcast. Also, thank you
46:50
Speaker 1: again to Best Egg for sponsoring this very special episode.
46:55
Speaker 1: We'll talk to you again soon. We'll be right back
46:57
Speaker 1: here with the Almost Famous podcast. But until then, I've
47:01
Speaker 1: been bent followed the Benn and Ashley I Almost Famous
47:05
Speaker 1: Podcast on iHeart Radio, or subscribe wherever you listen to podcasts.