Latest / The Hannah Hammond Show / The $30M Entrepreneur’s Warning: Chasing Success Cost Me My Marriage and My Family
Transcript
- 0:00I bet you any amount of money you could drop me in any niche,
- 0:02any industry and I'll do 12 to 15,000,000 my first year in real
- 0:07estate and in entrepreneurship. You never have a money problem.
- 0:10You don't have a money problem. You have a creativity problem.
- 0:13What was the biggest struggle in your first company that you
- 0:15built like that missing link that you had to master and when
- 0:19did you feel like, OK, now I have the strategy that I can
- 0:22rinse and repeat and do this in any industry?
- 0:23I believe that it's your obligation to be the loudest
- 0:27voice in the room if you believe in what you're doing.
- 0:29I can't shut the up about what I'm doing.
- 0:31I'm so loud and obnoxious with it.
- 0:33And I'm also I don't give a shit about what anybody thinks about
- 0:36me and I hate it when people are like, work on your weaknesses.
- 0:39If you suck at accounting, you should not be messing with
- 0:41accounting. You should hire somebody that is
- 0:44a badass at accounting and get out of your way.
- 0:46What have you had to sacrifice to get what you've got?
- 0:49What have you lost? Everything it took me losing my
- 0:52marriage, my mom dying in my arms, my business hemorrhaging
- 0:56for me to finally be like OK I surrender.
- 1:00The biggest lesson I took was you cannot give what you do not
- 1:03have. Welcome back to the Hannah
- 1:06Hammond Show. I'm here today with my friend
- 1:08Cody Swerber, serial entrepreneur, author, speaker,
- 1:12digital marketer, real estate investor.
- 1:14I mean you've just really done it all and we have a lot of
- 1:17similarities on our paths and journeys, although different
- 1:19journeys and just super excited to get into what you are
- 1:23building today. And you're now the CEO and Co
- 1:25founder of Floor Daddy, which is a new industry for you from your
- 1:28traditional, you know, you built one of the largest real estate
- 1:31education communities called Clever investor.
- 1:33You sold that company twice. You were partners with, you
- 1:37know, collaborated with Barbara Corcoran, and you've flipped
- 1:40thousands of houses. You've got, you know, 200
- 1:43million in development projects going on.
- 1:44So you've just really done it all and came from nothing and
- 1:46built everything and have had a lot of chaos in your life, too.
- 1:49So welcome to the show. Excited to dive in?
- 1:51Thank you for having me on. I sound like a badass.
- 1:53When you say all that real fast. You kind of do.
- 1:55That just means I'm old. I've been.
- 1:57I've been doing this for a really long time.
- 2:00But you're younger than you look.
- 2:01Yeah, well, that's that's a good that you know what I hated in
- 2:05high school? Yeah, Yeah.
- 2:06It looked like it was 12. We always want to be older when
- 2:08we're young well. And and no girls wanted to sleep
- 2:10with me, you know, I mean if I'm being I was I was the friend.
- 2:15But you know, it paid off as I got older now I got my dad was
- 2:20the same way. My son is the same way, just
- 2:23really young jeans. Babyface.
- 2:25Yeah, very, very much babyface. But you know, the first time I
- 2:27door knocked on a foreclosure, this is how I got into the real
- 2:31estate space. First time I ever door knocked,
- 2:33I was scared to death because I had never done any door knocking
- 2:36in like I, I'm, I'm driving this piece of bit Nissan pickup
- 2:39truck. I look like I'm 12 years old.
- 2:42I have a bunch of credit card debt and a how to manual of how
- 2:46to how to buy a foreclosure that I bought at a, you know, at some
- 2:49seminar somewhere. And I remember one of the things
- 2:53they would do is they would you'd have all these leave
- 2:54behind because a lot of people wouldn't answer their door,
- 2:56right. And I'm standing there.
- 2:58I parked my car down the street because I was nervous if they
- 3:00saw my piece of crap truck that I wouldn't take me serious.
- 3:03And I was shaking the paper because I was so nervous to go
- 3:06up to the door and I walk as I was walking up to the door.
- 3:09I finally got the car. I sent my truck for like 20
- 3:11minutes like pep talking myself, like you could do this.
- 3:13Like it's, it's not going to be that hard.
- 3:14It's going to go great. And as soon as I'm walking down
- 3:19the little walkway up to the front door, I see the blinds and
- 3:22I'm in like South Phoenix. I see the blinds open and this
- 3:27lady's eyes are like piercing through the blinds and my
- 3:31shaking is happening and before I could get up to the door, the
- 3:35door swung open and she goes, hey kid, get off my F in line
- 3:38and come back with your dad when you can really help me and slam
- 3:41the door. I dropped those papers and I ran
- 3:45back to my car. I sat in my car panicking
- 3:49because my biggest number oneself limiting belief was that
- 3:52I look too young and nobody was going to take me serious.
- 3:55It took me two months to go back out and door knock again.
- 4:00Yeah. And I just wanted to share that
- 4:02story because wherever we take this podcast, there's there's
- 4:05entrepreneurs out there that have these self limiting beliefs
- 4:09that they they they feel are holding them back in mind,
- 4:13popped up in the most in your face way.
- 4:17And it turned out to be one of my biggest competitive
- 4:20advantages. And it took a great mentor
- 4:23coming in my life. His name was Lyle Wall.
- 4:25And I was explaining to him just how much I was struggling with
- 4:28this feeling I had inside of it was like, it's kind of imposter
- 4:32syndrome, right? And he was like, and he's old
- 4:36now. He's really old.
- 4:37But then he was like in his early 70s.
- 4:39And he's like, dude, what I wouldn't give to have youthful
- 4:42energy like you again, what I could do, what I could dominate,
- 4:47how I could roll through life. And I took that and I was like,
- 4:50God, I do have a lot of youthful energy.
- 4:52And I started spinning the story and next thing you know, door
- 4:55knocking became one of my best skill sets.
- 4:58So get out of your own way. That's the lesson in that little
- 5:00story. Right.
- 5:01And, and it's just a testament you have to make fear your
- 5:04friend because you're going to feel it in everything that you
- 5:06do. And, and I think so many people,
- 5:08they just don't have the courage and they don't want to be
- 5:10embarrassed. It's not even the failure so
- 5:12much that I think people are afraid of.
- 5:13It's the embarrassment, like being rejected, having the door
- 5:16slammed on you, being told that you look super young and all
- 5:18these things, but you somehow pushed through.
- 5:22You still got out of the car, you did it scared.
- 5:24You know, I'm nervous public speaking and I'm sorry to do
- 5:27that. And you just do it scared,
- 5:28right? And so many people just don't
- 5:31have the courage and they think that fear means they should run
- 5:33away. But really everything that you
- 5:34want want is on the other side of it and you have to lean into
- 5:37it. How did you lean into it and
- 5:39have the courage to just do it, even though it was your biggest
- 5:41fear? And then get yourself to go back
- 5:44and do it Because most people, they won't go back and do it
- 5:46again because they're like, the stories reconfirm the story in
- 5:49my head that I'm not, I'm too young, I need to wait longer,
- 5:52whatever. And but you, you, you reshape
- 5:55that story and you just went back out and did it and it
- 5:58became one of your greatest talents.
- 5:59Like how did you get through that?
- 6:00I mean pretty simple. I just, I was not satisfied with
- 6:03where my life was. I believed that there, this real
- 6:07estate vehicle, it was the first vehicle I ever got into where I
- 6:11was running towards the, the concept, you know, like your
- 6:14parents. My dad was really pushing me to
- 6:16go in the military. I ended up going in the Navy.
- 6:19Then I got out and I'm like, what do I do?
- 6:21I go back to my dad. What do I do with my life?
- 6:23I'm not quite sure still. And he said, well, go get your
- 6:26degree, use the MGI bill, get your degree.
- 6:28And so, you know, you're kind of following this plan that other
- 6:31people have for you. Your parents are kind of
- 6:34steering you. And I didn't really want to go
- 6:36to college, to be honest with you.
- 6:37I wasn't good at math. I, I, I, I hated study and I
- 6:40hated school. But I was like, you know what?
- 6:43I got this ability to go to college.
- 6:45Nobody in my family had ever graduated college before.
- 6:48I should take advantage of this moment.
- 6:50And I listened to my dad and I enrolled at the WPK Carey School
- 6:54of Business. And I was double majoring in
- 6:57finance and accounting, which I was totally out of my league and
- 7:01and I didn't want to really do that.
- 7:02I didn't even know what I was going to do with those degrees.
- 7:05And I got lucky and somebody that I knew flipped a house and
- 7:08made a bunch of money and bought a dope car.
- 7:10And I'm like, how'd you get the car?
- 7:12And he's like, oh, this thing called creative real estate,
- 7:14it's called wholesaling. And here's how it works.
- 7:15And he pencils it out on a napkin.
- 7:17And I'm like, first time in my life I lit up naturally of like,
- 7:21wow, this exists. Like this is cool.
- 7:23I want to get into this and on my own, I'm getting on a plane
- 7:29and I'm, you know, back then, this is a long time ago, 23,
- 7:32four years ago, there was no social media or a cool Hannah
- 7:35podcast to get mentorship from. It was like I had to look in the
- 7:39back of a classified section, find real estate seminar, Reno,
- 7:42NV $500 and a phone number, call it, buy a ticket, get my butt on
- 7:47a plane, go to some Hilton Airport Garden Inn and some
- 7:51little town and, and go to a seminar by myself because none
- 7:56of my friends were into this stuff, you know, but that's the
- 7:58drive was like, I'm into this thing.
- 8:01I don't need anybody to push me. I was being pulled forward.
- 8:04And when you fail at something like that, even though it took
- 8:09me a little while to bounce back, I just, I knew I had to.
- 8:12I had to get back out there and get back on the horse and it
- 8:15helped having AI had, like I said, I met Lyle and a couple
- 8:18other good people in my life that encouraged me to keep
- 8:21going. But really it just came down to
- 8:24nobody in my family was had ever became a millionaire, multi
- 8:27millionaire, got a college degree, broke through and I just
- 8:31kind of felt like I was I had the potential to be the one kind
- 8:36of like Ed Mylett's book The Power of 1.
- 8:39And when you start to buy into that philosophy of like, I live
- 8:43in America, greatest time period in the history of the world,
- 8:47like I have everything in the world going for me, why would I
- 8:49not go and try to be as successful as I possibly can?
- 8:53And I started to believe that success was an obligation, not
- 8:56an option, and that I could be the one to breakthrough and all
- 9:00that stuff. And so being unsatisfied with
- 9:04just staring at a Lamborghini poster on my wall versus being
- 9:07able to go and create that Lamborghini for myself, I
- 9:10couldn't sit well with this. So I think winners have a bounce
- 9:13back spirit and I think people that want it bad enough, it
- 9:16doesn't matter if your teachers lecture you or your parents
- 9:18lecture you, when it's coming from inside, nothing can stop
- 9:22you. Yeah, that's the pull motivation
- 9:25Tony Robbins talks about. And when I think so many
- 9:28entrepreneurs start with this deficiency as a child, they're
- 9:33bullied, they don't feel seen, they don't feel heard, they
- 9:36don't feel safe. They don't feel like they're
- 9:38enough. And they let lights this fire
- 9:41inside of them. And then it's this push
- 9:43motivation, like, I'm going to grind, I'm going to do it.
- 9:45I'm going to do whatever it takes.
- 9:46Like I'm going to prove myself. I'm going to protect myself.
- 9:49I'm going to show them, show the world.
- 9:51And that pushes us. But at some point, it creates
- 9:55chaos in our lives. And then we achieve this success
- 9:57on paper. We get the Lamborghini, right?
- 10:00But then we still have toxic relationships, failed
- 10:03relationships, we're exhausted every single day.
- 10:05We're trying to force ourselves and chase this next shiny thing
- 10:08and this next object and resisting everything.
- 10:11And that's when for me, I was able to explore like, OK, more
- 10:16money isn't going to fix all this chaos that I'm creating in
- 10:19my life. And I have to shift the
- 10:21motivation to a pull motivation, which is what Tony Robbins talks
- 10:24about. Because to be able to actually
- 10:26reach your potential and actually create what you're
- 10:28capable of creating, you have to be pulled every single day out
- 10:32of bed instead of grinding and forcing.
- 10:34Because then the energy never fades.
- 10:36Like you have that energy, you have that momentum to be able to
- 10:39keep going every single day and work the 100 hour weeks and
- 10:42actually enjoy it and actually be healthy and not get sick and,
- 10:45and run yourself into the grave. And you know, where did that
- 10:48stem for you? Like where does your initial
- 10:50drug? Because I know for me, it was
- 10:51definitely a deficiency, like I was trying to get somewhere that
- 10:54I wasn't and didn't feel good enough and didn't feel safe and
- 10:57all those things. What was that moment for you
- 10:59where something switched inside of you where you're like, I want
- 11:02to go create this. I'm going to be successful.
- 11:04I'm going to be that transformational character in my
- 11:06family. Desire for control when you're a
- 11:08little kid. And you know, my parents always
- 11:12tried their hardest to do a great job.
- 11:14We didn't have a lot of money. My dad got fired like every two
- 11:18or three years and so we moved around a lot.
- 11:22So I probably moved 10 times by the time I was 10 years old.
- 11:26So every time I like got settled and make made friends, it was
- 11:29like, oh, pack your stuff, we're moving again.
- 11:32I was also really little. Like we were talking about, you
- 11:34know, I, I, I looked really young.
- 11:35I was really little, but I was very mature from a communication
- 11:38standpoint, very immature from a maturity standpoint.
- 11:41So my mouth got me in trouble. So I was always in fights,
- 11:44always getting bullied, always getting picked on and I couldn't
- 11:47back it up. I could just talk a big game,
- 11:49you know, and then get my ass kicked.
- 11:50So I always wanted control, and I didn't know a way to get it
- 11:56until I discovered entrepreneurship.
- 11:58And, like, business gave me that control where it's like, I can
- 12:03be the conductor of this. Yeah, I fell in love with it.
- 12:06I was always a hustler, you know, I always had a little
- 12:09hustle in me, figured out creative ways to get what I want
- 12:12out of life. And when you really strip away
- 12:14all the layers, it's like, the money's cool, but the money to
- 12:17me is just a scorecard and a tool to go further, faster.
- 12:21I really don't give a shit about money.
- 12:23I love making it. I want all of it.
- 12:25You know, I kind of got that Steve Irwin energy where it's
- 12:28like, give me all the money because I have these really
- 12:30ambitious things I want to do with it.
- 12:32He wanted to buy a ball of land and save animals and all that
- 12:35stuff. And, and I have my own goals
- 12:37with the money. So, you know, I'm very driven by
- 12:39money, but I don't care about it.
- 12:42What I love is the control it gave me, you know, and, and then
- 12:47it becomes a game. You know, when you get good at
- 12:50business and you develop certain skills and capabilities, it's
- 12:54like you unlock this next level of being able to do the coolest
- 12:58shit. It doesn't matter what industry
- 13:00I'm in right now. I bet you any amount of money
- 13:02you could drop me in any niche, any industry and I'll do 12 to
- 13:0815,000,000 my first year because I have the skills and
- 13:12capabilities to start and scale. The company doesn't really
- 13:14matter and the resource, it doesn't matter the niche, I'm
- 13:17just good. It took me 20 years to get good
- 13:21at this skill, and it becomes so fun that you become a pipe
- 13:26piper, a master of putting all these pieces together.
- 13:28Yeah. And yeah, once you have the
- 13:32strategy in the formula, then it becomes easier to rent and
- 13:35repeat. You know, you have sales,
- 13:36marketing and operations. You got to build a good team and
- 13:38be a good leader and have the resources to be profitable and
- 13:41and scale. And you really dove into each of
- 13:43those areas. You know, you got into real
- 13:45estate investing and flipping and making money that way.
- 13:48And then you built one of the largest real estate education
- 13:50companies. So you learn direct marketing
- 13:53and you learn the power of influence and social media and
- 13:56partnering with influencers who could bring you more revenue and
- 14:01profit and built a massive newsletter and an e-mail list
- 14:05and a social media brand and a big YouTube channel and all of
- 14:08that. And so you're now rinsing and
- 14:11repeating those same strategies into a new industry in home
- 14:13services because you see the opportunity in home services and
- 14:16all of our friends are selling their companies for hundreds of
- 14:18millions of dollars in in this world.
- 14:20And you're just a serial entrepreneur.
- 14:23So but it wasn't successful for you in the beginning.
- 14:26And it's, I think like it's so hard when you don't have money,
- 14:30right? And that's, I love that you said
- 14:32that you don't care about money yet you want it all because it's
- 14:35so true, because money brings you freedom and power and
- 14:39control and like the ability to have the resources to put the
- 14:43right people in place and make the right investments to be able
- 14:46to build and scale faster. And it's challenging when you're
- 14:49getting, you know, getting to that first $1,000,000 is so
- 14:52hard. And now with inflation, even
- 14:55more than that. But it's so hard because you
- 14:58have to wear so many hats and you're trying to do all of these
- 15:00things and you can't just go hire AC Suite executive that's
- 15:03already built it and done it before or go, you know, hire all
- 15:06these employees. And so I've always been a
- 15:07scrappy startup founder, bootstrapped and never raised
- 15:10capital from anybody for my own ventures.
- 15:13What was the biggest struggle in your first company that you
- 15:15built like that missing link that you had to master?
- 15:18And when did you feel like, OK, now I have the strategy that I
- 15:21can rinse and repeat and do this in any industry?
- 15:24I think it's pretty simple. When you're new, you still have
- 15:27a lot of, you don't have a lot of certainty, you still are very
- 15:31unsure, you don't clarity on certain things.
- 15:34And I feel like as a a true business owner, you have to do 4
- 15:39things and you have to be able to communicate those four things
- 15:43to a team. Because ultimately your number
- 15:46one skill that you ever can have as an entrepreneur is the
- 15:52ability to enroll people into your vision.
- 15:55That influence and persuasion and rolling technique happens
- 16:00when you get 4 things really clear and you can communicate
- 16:03them. First I have to be able to tell
- 16:05you kind of like what we do, right?
- 16:08This is very clear, exactly what we do.
- 16:10And then it's, you know, how do we do it?
- 16:12This is that. Then you got the Simon Sinek
- 16:15edition, which is why do we do it right?
- 16:18And being able to clearly enroll them and say, This is why it's
- 16:21bigger than just making money. It's it's for community or it's
- 16:24for to help, you know, this niche and solve this problem or
- 16:27whatever. The hardest part for new
- 16:29entrepreneurs is explaining what's in it for other people if
- 16:32they do it with you. So I always feel feel like my
- 16:36superpower had to become here's my big grand vision.
- 16:40This this this crazy thought that I can be the number one
- 16:44education company in the real estate space in that old school
- 16:46gurus like you, you see on infomercials that that model is
- 16:50dead. And I want to bring it to social
- 16:53media at the birth of social media and I want to bring
- 16:55everything online and and FC DS and books and tapes.
- 16:59I'm going to do all digital everything.
- 17:01People thought I was a little nuts, but I saw right when
- 17:05LinkedIn was coming out, before Facebook was really big, before
- 17:09Instagram existed, YouTube was just starting.
- 17:12I saw the future and I was like, OK, I need to I need to build
- 17:16out this team and I have to be able to clearly enroll people
- 17:20into it. But I was never good at the
- 17:21what's in it for you? Because I had this fear of
- 17:24giving away equity or understanding how to even say
- 17:29here's like your plan, your financial plan.
- 17:32If we do with because I have this big vision and I'm an
- 17:35entrepreneur and I'm trying to enroll you and you're also kind
- 17:39of entrepreneurish, but I'm trying to turn you into an
- 17:42entrepreneur. I'm trying to fit you inside my
- 17:44grand vision where your vision fits in my vision.
- 17:48And there's alignment because alignment is velocity.
- 17:50That's how you build a world class team and and go further
- 17:54faster. I know that this is a team sport
- 17:57and I have to enroll great humans to buy into this vision
- 18:01and then implement it because I'm only good at these things.
- 18:04And I hate it when people are like, work on your weaknesses.
- 18:07If you suck at accounting, you should not be messing with
- 18:09accounting. You should hire somebody that is
- 18:12a badass at accounting and get out of your way.
- 18:14But a lot of times we're so scrappy and we, we try to hold
- 18:17on to it all it because we're scared to let go that control or
- 18:21whatever. And all we do is end up in
- 18:23delaying our success and everything up.
- 18:25And so my hardest part for the first probably like four or five
- 18:29years was the what's in it for you conversation to get the
- 18:32right people in the right seats of the bus and keep them there.
- 18:35And as I started getting some success and then losing talented
- 18:40people and we call that regrettable turnover, right?
- 18:43It's OK when you want to push somebody out of the bus, but
- 18:45when they leave on their own and they're really talented and you,
- 18:48you're dependent on it. I've reset my business like 5 or
- 18:516 times where I've lost almost all of it because I lost my keep
- 18:55people and I just wasn't a good, I just wasn't good energy to be
- 19:00around. There wasn't clarity.
- 19:02And every day you have to show up and fight to realign.
- 19:06That's, that's the other part that a lot of people don't
- 19:08understand. It's like, OK, now I've got you
- 19:09on board. My job's not done every day.
- 19:13I got to realign with you because everyday life is
- 19:16happening to you and I don't know what's going on.
- 19:20If I'm just the boss sitting in the boss's office, I have to go
- 19:23deep with you, with every one of my team members.
- 19:26And it takes effort and energy to get out of the business
- 19:31environment and go work out and go eat and drink and do life
- 19:36together and do barbecue and go see their family and see their
- 19:40kids and get involved in their lives to really even understand
- 19:43like, what's going on with you. Why?
- 19:45Why were you my best team member for three months in a row?
- 19:47And now for the last two months you've been a hot mess.
- 19:51Well, I didn't realize that your sister's battling cancer and
- 19:55that's really affecting your sleep and and everything else.
- 19:57But we don't have that kind of relationship.
- 19:59So therefore I'm out of alignment with you or I didn't
- 20:02realize that you're being recruited?
- 20:04By one of my competitors. And you're seriously
- 20:06contemplating that? So you're slowly distancing
- 20:08yourself from me. You get what I'm saying?
- 20:10Yeah. Well, this is so good.
- 20:12This is where I'm at right now is you're really trying to
- 20:14become a great leader and build an amazing team and have that
- 20:18alignment because you have to have everyone rowing the boat in
- 20:21the same direction. Otherwise you just aren't going
- 20:22to get anywhere, right? You have a couple people
- 20:24paddling backwards, a couple people sideways and a couple
- 20:27people forward. You're not going to move.
- 20:28And so I, I would love to deep dive into what it takes, what
- 20:33you learned to build a great team to how did you attract the
- 20:37talent? How did you keep them?
- 20:39How did you build? Because I think of myself, I'm
- 20:42like, I'm working 100 hours a week.
- 20:44I'm on a plane every day. I've got employees in different
- 20:46states, you know, or team members in different states.
- 20:48And then I got some here. And then I don't want to give
- 20:50too many attention to the ones here, but not enough attention
- 20:52here. And how do I fit it all in?
- 20:53And how do I stay close and, and connected and yet do it all and
- 20:56and yet keep bringing deals in and recruiting all these things
- 20:59like how did you become such a great leader and build such a
- 21:02great team? What are some of those skills
- 21:03and tactics that you would advise somebody who's in that
- 21:06process right now? Well, I think it's pretty simple
- 21:10because this is just a bunch of humans, right?
- 21:14And building a relationship with a team member or your
- 21:17significant other or your children, it all takes the same
- 21:20obsessive energy. It's step one is being present,
- 21:25right? Like if if we're hanging out and
- 21:29I'm on my phone like this as you're talking, do you feel
- 21:31heard? No, right away.
- 21:32You kind of feel disrespected and like you're like the time,
- 21:35like your your time's not being respected.
- 21:38And so it's one getting present to.
- 21:40I want to fight for this alignment every day.
- 21:43And I know that it's my job as the leader of this company to
- 21:47realign every day with every person.
- 21:50And that might seem overwhelming, especially as you
- 21:52scale, but it really isn't that hard.
- 21:54It could be as simple as having a great communication style like
- 21:58every every week I send group emails to the entire team.
- 22:02And throughout the week I have, you know, different emails going
- 22:05to the leadership team, different emails going to the
- 22:07my, you know, certain departments and people within
- 22:10the departments. Every single month I meet with
- 22:13every single person in the company individually.
- 22:17I sit down, I check in, even if it's for 30 seconds.
- 22:20I pop by their desk. Hey, how's things going?
- 22:22Where are you at? Are you empowered to do your job
- 22:25today? Is there anything that I need to
- 22:26know that you're seeing or experiencing that you haven't
- 22:29had a chance to tell me yet? Is there anybody here that's
- 22:32doesn't fit our culture? You know, is there anybody I
- 22:36should pay attention to that maybe isn't feeling the love?
- 22:40And then, you know, I call it the razzle dazzle, you know, and
- 22:45it razzle dazzle is a funny word because you know, when even
- 22:49saying it makes you feel a certain way, right?
- 22:52It's like kind of like a little kid word, right?
- 22:54It's like, I want to get razzle dazzle.
- 22:56Well, razzle dazzle is my company culture.
- 22:59It is the way we roll. It's ingrained in every e-mail,
- 23:03every phone call, every interaction.
- 23:05You know, I have to really obsess over creating an
- 23:08experience because I know ultimately, at the end of the
- 23:11day, you're choosing to be here. You're some people are only here
- 23:15for a paycheck. But I need to, I need to go to a
- 23:19place with you where you're not just here for that money.
- 23:22You're here because you believe in the bigger vision and you're
- 23:25bought into where this thing is going and the alignments there
- 23:28where you know what's in it for you.
- 23:29If we build this great thing together and through creating a,
- 23:34a pretty defined culture like our core, our core values and
- 23:37our mission statement. And I repeat things constantly
- 23:40in our communication style, in my standards.
- 23:43I repeat my standards to my team 10,000 times.
- 23:46I never shut up. Like very simple things like
- 23:50this happens all the time. Well, I forwarded that e-mail on
- 23:53to so and so and like, like, let me give you an example.
- 23:57I had a floor daddy. I had a lady.
- 23:59We didn't even know this happened.
- 24:01Her son wrote a bad review and said my mother bought was trying
- 24:05to buy floors from floor daddy. But then when they they sold her
- 24:08this tile and then when they went to go install it, they
- 24:11ripped up the floor and they realized the whole house has all
- 24:14this asbestos. So we had to stop dead, dead
- 24:17stop, because when there's asbestos, we cannot touch that
- 24:20house any longer. We have to bring in the proper
- 24:23asbestos handling team to clean it all up before we can finish.
- 24:27Will that cost a lot of money? Well, that's an unforeseen
- 24:29expense. She didn't want to pay it.
- 24:31So she said I'll find my own people, just sell me the tile.
- 24:34Well, we broke down the communication.
- 24:37The e-mail went from one person to another person to another
- 24:40person. And it was such a great moment
- 24:43for me because 12 days that Lady sat with her house torn up in
- 24:47asbestos and alls we had to do was sell her some freaking tile.
- 24:52But since it's not a common thing for us to just to sell
- 24:55tile, we don't do that. We sell the, the materials, the
- 24:59installation, the warranty and all that.
- 25:01So it's a it's a random thing for us.
- 25:03So our whole team broke down by just sending each other emails
- 25:07and then I get involved because this bad review hits my radar
- 25:09and I'm like, this is unacceptable.
- 25:11This ladies house is torn up. We knew that Well, I sent an
- 25:14e-mail to so and so and then she forwarded to so and so and it
- 25:17was no, if it touches your world, you have extreme
- 25:20ownership. And that's just one of our core
- 25:23values is taking extreme ownership.
- 25:26The other one is landing the plane.
- 25:27So it's very easy since I repeated it 10,000 times.
- 25:30It's all around my office for me to go to them and say, I hear
- 25:33how this happened, I understand it, but does that align with our
- 25:36core values here and this and that and that?
- 25:39And they're like, no, no, it doesn't.
- 25:43OK, So what could you have done better?
- 25:46I could have followed up on the e-mail and made sure that I
- 25:48landed the plane. That kind of repetition starts
- 25:52to build a culture to where if people won't buy into that, they
- 25:56opt themselves out, which I want.
- 25:58I want all the weak links to get the out of my company as fast as
- 26:02humanly possible. Because if you're not going to
- 26:04drink the razzle dazzle kool-aid, you don't belong here.
- 26:06And that's just what it is. And so I think for you, as
- 26:09you're building this, first of I, I noticed how you caught
- 26:12yourself, you started to say the word employee and then you said
- 26:16team member. And I love that because that
- 26:18self-awareness is leadership. Nobody wants to be an employee.
- 26:23Nobody wants to feel like an employee.
- 26:25The second the owner starts saying, Hey, you're one of my
- 26:28most valuable teammate team members, I'm so grateful you're
- 26:31here. They feel like, OK, it's a
- 26:34different energy, different relationship.
- 26:35So there's a lot of layers to it, But for me it starts with
- 26:40certainty. I am certain on where we're
- 26:44going. I am so certain that every cell
- 26:46in my body is vibrating. I know with all of me that I'm
- 26:50going to build a billion dollar flooring brand.
- 26:52There's nothing that's going to stop me.
- 26:53I don't care what hurdle comes in my way other than major
- 26:56health and me dying. It's happening.
- 26:59And when the owner has that kind of certainty, everybody else
- 27:02feels it. They can feel it in your
- 27:04conversations, in the way you smile through your eyes and see
- 27:07the future. And so everybody just, it's like
- 27:10Steve Jobs reality distortion filled people just start to
- 27:14believe that they could do more so far out of their comfort
- 27:18zone, they could do more. And if they, if they can't take
- 27:20the heat, they will go. And I'm cool with that because I
- 27:25never shut off my hiring machine.
- 27:28My ads are running for every department for every position
- 27:30100% of the time. And people go, I, I hate doing
- 27:34all these interviews. I'm sorry you feel that way.
- 27:37You need to change your attitude because we're never stopping
- 27:41ever. There's going to be a, you could
- 27:43be the, the lead manager of this company and you're going to be
- 27:46doing an interview with another lead manager.
- 27:48And if that person is significantly better than you,
- 27:50then I'm going to move you to a different seat.
- 27:53Or you're going to rise up and be like, there ain't no way this
- 27:56person's taking my job. And at first everybody
- 27:58complained about it and now it's just part of the company
- 28:00culture. They know Sperber never shuts
- 28:03off the hiring machine. It's no different than when I'm
- 28:07dating like my girl. I never am sure where I stand
- 28:13that day, that moment. So I'm always fighting for her.
- 28:18I like it. I like that she doesn't let me
- 28:20settle and give me a pass. I like that she's always
- 28:23checking me a little bit and being like I deserve more.
- 28:27I want more higher standards. So every day I I'm like, I got a
- 28:33step up. Right, Yeah.
- 28:35Are you running actual? Like are you running video ads
- 28:39for hiring? Or jobless.
- 28:41Well, even more than that, I filmed a whole entire TV
- 28:43commercial. So if you watch my TV commercial
- 28:45at Floor Daddy, I'm hiring installers right now.
- 28:48So every month I obsess over a department.
- 28:51Sometimes it lasts 2 months if I don't land the plane on what I'm
- 28:54trying to accomplish. But like maybe it's building out
- 28:57a world class sales team. Well, for a month or two or
- 28:59three months I'm building out a world class sales team.
- 29:01Every script, every word, every objection, handling, CHEAT
- 29:05SHEET, the vans, what they look like, what the customer
- 29:08experience is like. Today I was talking to my number
- 29:11one sales guy at our sales meeting and I said, what are you
- 29:15doing different than some of these other people?
- 29:17And he goes, well, you know, everybody else goes into the
- 29:20house and then builds a relationship and then goes
- 29:23around and measures and then goes out to the the van and gets
- 29:25the material and then shows the customer based on what they're
- 29:28looking for different material options.
- 29:30He goes, what I do is right when I get there, I build a
- 29:33relationship and then I say, hey, while I'm measuring, why
- 29:35don't you go out to my van and just start picking through some
- 29:38stuff. And if anything jumps out at
- 29:39you, pull it and we'll look at it in different lights.
- 29:43And while I'm measuring, you can like take it around.
- 29:45And he goes, so I have the, the, the homeowners bringing, you
- 29:50know, materials from my van on their own.
- 29:52And I go, I love this idea, but your van looks like the last
- 29:57thing I want is the first experiences to open up the back
- 30:00of, you know, a work van full of material with a wooden rack that
- 30:04I built with my business partner because we're being, you know,
- 30:09real scrappy. I'm like, we got to clean up the
- 30:13vans. If this is working, I want them
- 30:15to open up and have the razzle dazzle experience.
- 30:18So it's like through that process, I'm realizing, oh, I
- 30:21got a lot more work to do. If this works, if this process
- 30:23works. So I obsessed over that
- 30:26department and we're getting it dialed in.
- 30:27And then I moved to order entry and, and now this month and next
- 30:32month, I'm focusing on installation.
- 30:33So I was like, how do I get the best installers in the world?
- 30:37I was running Indeed ads and all these ads, a lot of my
- 30:40installers are Mexican. They're not on Indeed, they're
- 30:44not in certain places. You know, it's referral based.
- 30:47It's they see things. Somebody says, hey, did I saw
- 30:50this billboard or this commercial or this radio ad for
- 30:53floor daddy, go talk to them. They're hiring installers.
- 30:56So I just started running. I went and filmed a whole TV
- 30:59commercial instantly, you know, and we started getting hundreds
- 31:04of installer things and I'm building out our in house crews
- 31:07right now and obsessing over that.
- 31:09I don't know if that answered your question, but that's how
- 31:11that's how aggressive I am with the hiring and it does another
- 31:15thing through just as a byproduct.
- 31:18If I'm a potential customer and I'm like, dude, these dudes are
- 31:22running TV commercials trying to hire.
- 31:24Think about my messaging. I'm Cody Sperber Co and founder
- 31:29of floor daddy and my customers get razzle dazzle.
- 31:34It's the best flooring experience on the planet.
- 31:37We don't even sell floors at Floor Daddy.
- 31:39We sell an experience for homeowners and I'm looking to
- 31:42hire the best installers in the valley.
- 31:44I don't care what it costs. I want to enroll you to come
- 31:47work for Floor Daddy and build this amazing company and be
- 31:49proud to install and be proud to work and our customers deserve
- 31:53the best. They're sitting there going,
- 31:55hey, I want you to install my floors.
- 31:57We're getting a ton of business from my installer ads from
- 32:01homeowners going. If you're that obsessive over
- 32:03installation, I want you to install my floors.
- 32:05I love that so much and that's where I'm at right now is really
- 32:08hard because for me, I have to attract top talent that's
- 32:12sophisticated commercial mortgage brokers and real estate
- 32:15brokers and things like that, like they're not on an indeed,
- 32:18right. Sometimes someone may pull it up
- 32:20in here and there and I have the ads going and people apply and
- 32:23but usually the people that apply are not your A players.
- 32:27And so they're usually like struggling a little bit and they
- 32:30want that mentorship and development, which is go you
- 32:32have some good people there. But really to attract those A
- 32:34players, it's purely relationship base and all that.
- 32:37So I'm really trying to figure out at scale how to really
- 32:40attract those types of people. I want because I'm just like
- 32:44you, high values, high standards, don't want any C
- 32:47players at this company. Like we invite you to be a part
- 32:50of what we're building and we want to build this together.
- 32:52And we all own it. Like we all, every single person
- 32:55I believe has the most important role in the company.
- 32:57Because if you have one person that's not a line, one person
- 33:00that's running the boat in the wrong direction, 1 moldy apple
- 33:02that will spread like wildfire to the company.
- 33:04And so I want to protect that at all cost and rise together.
- 33:08Like I want to bring aboard entrepreneurs.
- 33:10I don't want order takers. I want people to have ownership
- 33:13in in the company and like what we're building and share that
- 33:15vision, just like you said, like how do we get their vision
- 33:18aligned with our vision and we execute on that vision together.
- 33:22So what is your you're, you're running actual ads, you're
- 33:26building that relationship. You're investing money into
- 33:28these these ads and billboards and things like that.
- 33:30You're attracting people. What is your interview process
- 33:33look like? Like how are you?
- 33:35I feel like I'm a really bad interviewer and I fall in love
- 33:38with the story or like they feel like their energy is good or
- 33:41they have good experience or things that I'm trying to.
- 33:44I've been very intentional, getting clearly aligned on
- 33:46values and trying to do these values screening interviews
- 33:49where I can understand their values through normal
- 33:51conversation. But I'm I feel like I'm still
- 33:53not great at it so I'd love to hear.
- 33:55Kind of your process. I'm pretty lucky I have a couple
- 33:58people filtering things and only putting the better potential
- 34:05prospects in front of me. So they're doing they're, you
- 34:08know, they're vetting all the resumes and then they might have
- 34:10a phone call and if they like the phone call, they'll go to a
- 34:12quick zoom, 10 minute zoom. Just tell me about yourself,
- 34:15pitch me. Why do you, what do you know
- 34:16about floor Daddy? Why do you want to work here?
- 34:18If they didn't even take the time to go to our website and
- 34:21research us and all, it's kind of like they get filtered out.
- 34:24But by the time they get to me, I'm normally actually the first
- 34:29in live interview that they do because I want to understand.
- 34:32I'm, I'm trying to read their mindset and energy more so than
- 34:38their skills and capabilities. Yes, they got a resume.
- 34:41Yes, everybody pretty much has the skill for the position if
- 34:45they're sitting in front of me. But I'm really looking for their
- 34:48attitude and their energy. And I ask weird questions like,
- 34:52you know, what kind of computer do you use?
- 34:54And they'll be like, I use them a Mac and I'll be like, OK, what
- 34:58Internet browser do you use on your Mac?
- 35:00And if they're like Safari, I'm like, OK, But if they're like,
- 35:04honestly, I have all of them. I have Chrome, I have Firefox, I
- 35:08have this, I have that. Just that question alone.
- 35:11I can compartmentalize them into like different boxes because I
- 35:15know if you just use the out-of-the-box stuff and right
- 35:18away your personality is not a exploratory, let me figure out
- 35:22the best solution type of attitude.
- 35:25It's more like, what's the problem?
- 35:27This works, it's good enough. I just do this, you know what
- 35:30I'm saying? But if and that works really
- 35:33good in certain departments, if I just want you to rinse and
- 35:37repeat a process and not ask questions, I'm going to put you
- 35:41more over into that box. But if it's more of a creative
- 35:44space where there's a lot of problem solving and out
- 35:48out-of-the-box thinking, I'm going to you know.
- 35:50That's like the value screening because if you just ask them,
- 35:53are you a problem solver or you resourceful?
- 35:55Like they're like, yeah, of course, you know.
- 35:57And so it's, it's a it's really an art I found to really figure
- 36:00out those right questions to uncover to get through the
- 36:03bullsh, right, because people will just feed you both.
- 36:06They're going to tell you they're aligned with the values
- 36:08and all these things and that there were like one that was a
- 36:10good one is my mentor taught me this.
- 36:13He said, tell me about your last big win.
- 36:16And if they say me, me, me, I I, I and they don't mention anybody
- 36:20about their team or their spouse.
- 36:23They're not a team player, right.
- 36:24And if, if that's an important value in your company, some
- 36:26companies it's not, you maybe need an independent people, but
- 36:30like those types of screening questions that are cool.
- 36:32And I'd like that you just said that as you were figuring out if
- 36:34they're a problem solver and resourceful just by asking about
- 36:37their browser. And I it's like, how do you come
- 36:40up with the creativity of knowing what questions to
- 36:42accurately screen? I mean, I think now Claude and
- 36:45Chad GBT will probably give you a bunch of good ones, but you
- 36:48know, I'm really just reading their energy and their attitude
- 36:51and their background. And then then I passed them on
- 36:54to the actual person running that department that has 40
- 36:59years of flooring experience. I don't know about flooring.
- 37:03I don't, I can own a company in any industry and not be a
- 37:07technician in that industry. And so I I leave the expertise
- 37:13to. Yeah, that's like me.
- 37:15I don't originate commercial finance loans like I have and I
- 37:18understand it, but I you want to talk to the expert that's going
- 37:20to be running that department. But how do you have time to
- 37:23dinner because I feel like I'm a bottleneck right now in recruit
- 37:26four months booked out. Like where do I it's?
- 37:29Like me talking to my, my, my 17 year old, you know, I just don't
- 37:34have time to go to the gym. I'm like, I didn't get the fuck
- 37:36out of here. You're 17 years old, bro.
- 37:39You can create 45 minutes. You don't, you just you, you,
- 37:43you choose to sleep in or you choose to eat, or you choose to
- 37:46this, you choose to that, or you choose to have your personal
- 37:49time. There is time.
- 37:51You just create it. I just make it a priority on a
- 37:54certain day of the week to have my interviews and go handle
- 37:59handle it. I just create the time.
- 38:02You know, I feel like if we took your life right now, which is
- 38:06obviously very busy and I did a week long activity audit on you
- 38:12and we just you just had to carry around a journal and every
- 38:15single thing you did, you wrote down.
- 38:17I ate at this time, I picked up dry cleaning, I cleaned my
- 38:22house, I went to the gym. I did by the end of the week
- 38:26that if we went back on the Monday, Tuesday, Wednesday,
- 38:29Thursday, Friday, Saturday and we just graded it from money
- 38:33making activities to non money making activities, you would
- 38:37realize that you do a lot of non money making activities in your
- 38:40life and those things don't. You shouldn't be doing them.
- 38:45You should automate them, delegate them, delete them,
- 38:47cancel them. Something has to happen with
- 38:50everything else except for the most important needle movers.
- 38:52Because your time is valuable and your skill should only be
- 38:55focused on the biggest exponential potential.
- 39:00And most people don't do that, especially new entrepreneurs.
- 39:04I've coached. I've had over 90,000 students
- 39:07come through my programs at Clever Investor.
- 39:09I've created thousands of millionaires, not always in real
- 39:12estate. A lot of people came to me,
- 39:14learned marketing, negotiations, sales, persuasion, influence,
- 39:18how to start a business, how to do accounting, you know, how to
- 39:21do basic marketing and lead generation.
- 39:23And then went off and started a landscaping business and then
- 39:26sold it five years later for $3,000,000.
- 39:29Right. It's like they try to do the
- 39:31real estate thing, realize it's not in their heart.
- 39:33A lot of people, more people quit the real estate business
- 39:36than you know, It's, it's, it sounds good, but it's, it's
- 39:41hard. It's a hard business to be in.
- 39:43There's a tremendous learning curve.
- 39:45It took me 14 months to do my first deal.
- 39:47I'm just dumb enough and hard headed enough to believe that
- 39:53it's going to happen at some point.
- 39:55I had one lady who paid me $30,000 to mentor her.
- 39:59This is 2014 said what do you want me to do?
- 40:04I said here's a script get your phone go to Craigslist call for
- 40:08Sale by owner leads. This is back when a lot of
- 40:10people posted on Craigslist and she lived on an island.
- 40:14She was like a not even from the United States and 1st phone
- 40:19call. First try ever in real estate
- 40:22gets a hold and she said what do you want me to do?
- 40:24I said just have a conversation, call a bunch of people for an
- 40:28hour then call me afterwards and we're going to talk about your
- 40:30experience. Just let's get the marbles out
- 40:32of your mouth and just get used to reading the script.
- 40:34Like no pressure, just practice in first phone call.
- 40:38First person. She gets a freaking deal and
- 40:41makes a tremendous, I forget how much money it might have been
- 40:4360K80K some big ass number we can have.
- 40:47Two weeks later, she closes the deal and makes all this money
- 40:50and she's calling me saying real estate's the easiest thing I've
- 40:52ever done. I can't believe I didn't do this
- 40:54my whole life. You changed my life.
- 40:56Thank you so much. And I was like, girl, you have
- 40:58no idea how lucky you got. This is not normal and it took
- 41:03her months to get her second deal whether it's me at 14
- 41:06months and finally getting a deal and I made 40,000 on my
- 41:10first deal or her first try first practice call bang out a
- 41:14deal. What really needs to happen is
- 41:16you need to put in such a long period of time to increase your
- 41:19skills and capabilities so you can collapse time so you can do
- 41:23consistent deals in a shorter time frame.
- 41:26It's not about getting lucky, just getting in the game.
- 41:29You can get lucky, you know what I'm saying?
- 41:31So all these students have come through my programs and I've
- 41:33just realized that one, don't judge a book by its cover.
- 41:38You never know who's going to stick in this business, who's
- 41:41going to win. And a lot of times it's it's not
- 41:45the American that had everything handed to them.
- 41:50It's the immigrant that speaks English as their third language
- 41:54that came to this country with $200 in their pocket in the
- 41:58right attitude and didn't allow small things to become big
- 42:02things and just leaned in on it and said, you know what?
- 42:05I know that planes fly. I know that this real estate
- 42:08thing works, or I know that this business, there's successful
- 42:10people in it. You can't tell me otherwise
- 42:12because I see it. You know, it's like, what is it?
- 42:15The Patel's own all the motels, You know, it's like they had the
- 42:20right attitude. They just were consistent and
- 42:23persistent and gritty. And in real estate and in
- 42:26entrepreneurship, you never have a money problem.
- 42:29You made that statement. It's like it's harder when you
- 42:30first start. I actually think it's easier.
- 42:33Money actually clouds your ability.
- 42:35You'd go a bunch of stupid directions and stuff up and you
- 42:38waste a bunch of money. In real estate, you don't have a
- 42:41money problem. You have a creativity problem
- 42:44and that's what takes a long time to understand.
- 42:46My mentor Lyle used to make me sit on the floor where I had
- 42:49this rickety whiteboard going over.
- 42:51This is how you take over somebody's mortgage.
- 42:54This is how you do a wrap around mortgage.
- 42:56This is how you do a contract for deed or an AITD.
- 42:58All these clever creative financings.
- 43:01Here's a lease option and a sandwich lease option.
- 43:04And to me, it was, I'm sitting in China trying to learn
- 43:08Chinese. I had no clue what he was
- 43:11saying. It was so foreign to me.
- 43:13But I was just taking notes and through repetition and osmosis
- 43:16many, many times, and then getting out of the classroom and
- 43:19getting into the real world and stumbling into an opportunity.
- 43:23And Lyle was a very Socratic mentor.
- 43:25He never told me what to do. He just asked me a series of
- 43:28great questions that led me to the me discovering my own
- 43:31answer. And so I would come to a lead
- 43:34that everybody else said was a dead deal.
- 43:36And he would say, what have you thought about this?
- 43:40And what would happen if you asked her this question?
- 43:43What do you think she would say? And it was like, Oh yeah, I did
- 43:48see something about, Oh yeah, you did tell me this like months
- 43:50ago. I remember this.
- 43:53How does that work again? You know, And next thing you
- 43:55know, I'm doing my first sub two deal or my first wrap around
- 43:57mortgage or whatever it is. And once you get out of the
- 44:00classroom and you do it one time, it's like Rodger Banister
- 44:03running the four minute mile. All the sudden all of that gels
- 44:07and it becomes real. And you're like, Oh my God, I
- 44:10have a superpower. I can turn dead deals into real
- 44:13deals. And none of my competition knows
- 44:14how to do this. I have creativity.
- 44:16That's why I called myself the Clever Investor, because I all I
- 44:21prided myself on being so clever with it that you know money is
- 44:26not your obstacle, your attitude is.
- 44:29Right, it's the skills that made this.
- 44:31Robert Kiyosaki always says it's skills that makes you rich, not
- 44:33money. Yeah.
- 44:35And you just develop those skills in that find a way.
- 44:37And I hate when people are like, oh, it's a dead deal.
- 44:39Or oh, it's been shopped or oh, I'm just like, that's where all
- 44:43the opportunity is. And if you have that creativity
- 44:46and you can be a visionary and be a problem solver and just go
- 44:50above and beyond what every other lazy ass person is going
- 44:54to do, then you will have all of the success in the world.
- 44:58And that was my very first deal was a $1.1 million commercial
- 45:01property. I was at a residential
- 45:02brokerage. I was a brand new agent licensed
- 45:04for like a week. They said I couldn't do the
- 45:07deal, they didn't do commercial and then it wasn't worth a penny
- 45:09over $400,000. And it's just like find a way
- 45:13you don't don't take, I mean, anybody else.
- 45:15I'm like, OK, sorry, can't do it.
- 45:17Let me, you know, tell the client no.
- 45:19And it's just going above and beyond and finding a way and
- 45:21having that, that grit to, to build it.
- 45:24What you know through what you're building.
- 45:29How, where are you at with Floor Daddy?
- 45:31How long have you been in? Business, I just I just hit my 2
- 45:33year mark right now. How's it going?
- 45:35Like, really? Yeah, yeah, yeah, we're, we're,
- 45:38we're a beautiful hot mess. Like entering a new industry.
- 45:41Yeah, no, I mean, we're killing it.
- 45:42From most people's standards, they would say you're absolutely
- 45:45murdering it. You know, I did 13 million my
- 45:48first 12 months. Amazing.
- 45:50You know, I'm so crystal clear on what we need to do.
- 45:55I just needed to allow any business you have to like the
- 45:59first period is like you're building this team, right?
- 46:02And so there's a lot of like people coming in and out and
- 46:04chair moving and all that. And then and I didn't build any
- 46:08culture for the first year. They they weren't ready for it.
- 46:13It it was too much right. The first like year, year and a
- 46:16half is just can you set it all up and get the foundation going
- 46:20and get the people and get some money in the door and focus on
- 46:22sales because sales is going to cure everything.
- 46:24That's the only thing that matters is can I get the
- 46:27branding on point, Can I get the sales on point?
- 46:30Can I get the basic systems on point?
- 46:32Not where we're at now, but just the basics.
- 46:35And we got there and we probably had two or three moments where
- 46:40we were like taking off like a rocket ship.
- 46:43And then I broke the machine because we had too many sales
- 46:45and not enough fulfillment in flooring.
- 46:49The Achilles heel of flooring is installations.
- 46:52So if you you could do everything right and say all the
- 46:54right things and get the sale and then get all up and they
- 46:57hate you and they leave bad reviews and you get a handful of
- 47:00bad reviews and your whole business is going to hemorrhage,
- 47:02right. And because we have to legally
- 47:06warranty their work, you know, it's construction, so we have to
- 47:09warranty their work for two years after we install those
- 47:12floors. While Arizona it heat and
- 47:15contracts. The the temperature fluctuates
- 47:17at night and the day significantly, which buckles and
- 47:21and up a lot of floors. So floor prep and floor
- 47:24insulation is the most important thing, But you can't afford to
- 47:29do that at a high quality if you don't have the sales.
- 47:32So it's like this like tug tug of war that's happening.
- 47:35And I probably almost went out of business twice my first 12
- 47:39months by pushing so hard. I had, you know, 1.4 people quit
- 47:45in one day. I only had a team of maybe 12,
- 47:48you know, third of my company or 1/4 of my company left in one
- 47:53day. Which then what?
- 47:55How do you think everybody else that's is sticking around feels
- 47:58absolutely defeated? You know, and it's like this is
- 48:00where the rubber meets the road. This is where the real
- 48:02entrepreneurs show up. And I've had this happen in all
- 48:07of my companies so many times. You know, the school of Hard
- 48:09Knocks interviewed me one time and he asked me, you know,
- 48:12what's the, what's like the biggest challenge that has ever
- 48:15happened to you that popped up and I was talking about one time
- 48:19a clever investor. We were doing, we, it was like
- 48:232015, 2016, 20. No, it's 2016.
- 48:26Things started to break on the marketing side because Donald
- 48:30Trump got elected and the analytical scandal broke.
- 48:34And my Facebook ad panel at the time, I was spending $4 million
- 48:37a year on Facebook ads, one of the largest advertisers on
- 48:40Facebook. Everybody who was annoyed by my
- 48:43ads of me standing in front of the bank, you know, I was
- 48:46pumping out tons of ads and it was powering our business.
- 48:50And then Facebook started to break and they shut down my ads
- 48:53panel and everybody got fired from Facebook.
- 48:55And I started losing money on my ads for the first time in my
- 48:59company's history. And I was blowing through my
- 49:01savings. I had a little over 1,000,000 in
- 49:03cash. I blew through that real fast,
- 49:05then blew through our operating account trying to like figure
- 49:08out things. And there was a point where I'm
- 49:10sitting inside from optically from the outside, everybody
- 49:14thinks I'm the man. I have $2,000,000 worth of cars
- 49:18in my driveway, I have a 9000 square foot house on a lake.
- 49:22I married, kids, business, everything looks amazing.
- 49:27And I'm sitting in my theater room at 3:00 in the morning
- 49:31crying like a baby in my underwear because I knew
- 49:35tomorrow payroll was due and my $580,000 Amex bill was due and a
- 49:41couple other bills were due. And I only had like 300 grand in
- 49:44my bank account and I had like 900 grand worth of bills due the
- 49:48next day. And I literally thought, that's
- 49:50it, I'm going out of business tomorrow.
- 49:53Nobody's getting paid and everybody's going to quit.
- 49:56And this meteoric rise to fame is done in like 5 hours.
- 50:01Once people come to work and they realize there is no
- 50:03paycheck coming and the bills aren't getting paid.
- 50:06I'm that's normal entrepreneurship.
- 50:09There's going to be many times where you hit that wall where
- 50:11you're like, this is where the rubber meets the road.
- 50:15And like all things, I had to get creative and I was like, I
- 50:18came up with a game plan and by the morning I implemented the
- 50:21game plan and I was able to save my company just long enough to
- 50:26figure it out. Yes, my credit got yes, I
- 50:29bounced my Amex bill the next day, but I made payroll.
- 50:32You know, you just start triaging.
- 50:34You're like, what's the most important thing?
- 50:35Save the team. Well, one of my skills and
- 50:39capabilities is sales. So it's like I got this huge
- 50:43e-mail list. I have the ability to make
- 50:46sales. I'm, I've been so distracted for
- 50:47the last week and a half trying to save the company that I
- 50:51didn't focus my superpower on the one thing that was going to
- 50:53save the company, which is bringing money in the door.
- 50:56Cody, you're the rainmaker. I have this unique ability to
- 50:59like, just get me on camera. I'm making money.
- 51:00I might, we sold over 100 and 7000 and $80 million worth of
- 51:04courses, all self-taught, direct response marketing.
- 51:07Me just turning on a camera back in 2009 and talking to it,
- 51:11developing the skill. I'm like, why am I sitting in my
- 51:14theater room crying like a baby? Come up with an offer.
- 51:16That's what you do. Sell something, bring in a bunch
- 51:19of money and buy yourself some time.
- 51:22And that's what I did. I called Amex the next morning.
- 51:24I said I'm not making this payment.
- 51:25What are my options? And I don't believe they had a
- 51:28pay overtime option. They were like, we're going to
- 51:30shut your card off tomorrow if you bounce the payment.
- 51:34I said, well, if do it, I had a backup visa, it only had like my
- 51:38Amex had unlimited spend on it. My Visa only had like 90,000.
- 51:42I was like, well then instead of running $400,000 worth of ads a
- 51:46month or 500,000 of ads a month, I'm going to run 90,000.
- 51:49And I'm just as the money comes in, I'm going to pay it off and
- 51:51just whatever. But I'm going to keep get my
- 51:53core people paid and I'm going to live to fight another day.
- 51:56And if they my credit, which they did, they put that Amex
- 51:59bill on my credit. Even though business Amexes
- 52:02aren't supposed to hit your credit, if you bounce them, they
- 52:04will hit your credit. And yeah.
- 52:07And I bought time and I I immediately came up with an
- 52:09offer. I built a webinar in about 8
- 52:11hours, put all my marketing firepower into it, got a, you
- 52:15know, 1500 people on a webinar. And I sold $1000 course.
- 52:18And I started bringing in money and I just never shut that thing
- 52:20off for the next month until I brought in enough money to pay
- 52:23all my bills and dig myself out of the hole.
- 52:25And I still had a Facebook problem.
- 52:27You know, I still have challenges in the business.
- 52:29But you have floor daddy. You know, when I when everybody
- 52:32quit, I had a challenge. How do I pull everybody back
- 52:35together and get them realigned to get them moving forward?
- 52:38And thank God I had the hiring machine still going because I
- 52:41was able to bring new blood in there and fresh faces.
- 52:44And you live to fight another day.
- 52:46Winners have a bounce back spirit.
- 52:48Yeah. That's it, you know, and it's
- 52:51I've been blessed enough to speak on stages with your
- 52:53favorite author, your favorite entrepreneur.
- 52:56They've all spoken on my stages or I've done favors for help
- 52:59them out behind the scenes. Like I know everybody.
- 53:03We're all duct taped hot messes, every single one of them.
- 53:10You know, it's like I'm sitting backstage and I think this
- 53:12person's like all perfect because they're social.
- 53:14And then I'm like, oh, you're divorced twice too, and you got
- 53:16all these baby Mamas and kid problems next, you know, 3 hours
- 53:19later we're talking about those things, you know?
- 53:22And I'm like, just like me. I was like nervous to meet you
- 53:26at first, but you know, yeah, you're no different.
- 53:29Nope, they're no nobody's any different.
- 53:32We're all human and entrepreneurs are so cut from
- 53:35the same cloth. And so let's talk about that.
- 53:38I do want to get into the marketing built how you built
- 53:42that brand. But since we just started this
- 53:43topic, you know, what have you had to sacrifice to get what
- 53:47you've got? What have you lost?
- 53:48Everything. That's a deep question because I
- 53:52have two, two older kids and I was with my ex for 18 years,
- 53:56married for 14. I don't want to say that I
- 53:59sacrifice my marriage for my business, but I definitely put
- 54:02the business ahead of the marriage for many, many years.
- 54:06It's not what ultimately broke us apart, but it was the IT was
- 54:10the lead factor of why we friend zoned each other.
- 54:13When you become obsessed with winning, it's almost impossible
- 54:19to find balance. I think it's a myth.
- 54:21I don't think it exists. I think presence is possible,
- 54:25but balance is impossible. And what I mean by that is by
- 54:30the time I matured enough to realize that I didn't need to
- 54:37please everybody, I was actually pleasing nobody by trying to
- 54:41please everybody. And that's the game I played for
- 54:44the 1st 10 years, was just bouncing around trying to please
- 54:47everybody. And I think that's what a lot of
- 54:49entrepreneurs do. When I finally figured it out
- 54:52was what is this person's real love language?
- 54:56How do I go deeper with this person to understand that she
- 54:59doesn't need all of me, she really just needs certain things
- 55:03to happen. And then she relaxes and
- 55:05actually becomes one of my biggest cheerleaders and
- 55:07supporters. But I just wasn't good at that
- 55:09in the beginning for a really long time.
- 55:11And and that caused us to friendzone each other and kind
- 55:13of separate over a decade. That's a long time where she
- 55:17just became like the house, like like dealing with the house.
- 55:20And I just was just like mythical Rainmaker that made all
- 55:24her Amazon packages magically show up, you know, And by the
- 55:29time I started to figure it out, I had already lost interest.
- 55:34And I think so did she. And so, you know, if I can go
- 55:39back and do it again, I would have done a couple things for
- 55:43First off, I would have went to therapy way sooner, way sooner.
- 55:49It took me losing my marriage, my mom dying in my arms, my
- 55:55business hemorrhaging for me to finally be like, OK, I
- 55:59surrender. I'm going to go get help real
- 56:02and really put in the work. I'm not talking about talk
- 56:05therapy. I'm talking about intensive
- 56:08where you check yourself into a facility.
- 56:10You shut down the real world for at least a week, maybe longer.
- 56:15You put in the time to unpack your childhood and and go deep
- 56:21with all those memories that you've compartmentalized and
- 56:23buried. Do the EMDR, do the breath work,
- 56:27do the real deep stuff that's experiential, not just talk, you
- 56:32know, where you just talking to somebody and heal your inner
- 56:35child because as a man, we don't do that.
- 56:39You know, it's not normal. It takes you either implode like
- 56:43some men need slapped or flicked, some need punched.
- 56:47I need ran the over. I'm gunning so fast and I'm I'm
- 56:50like the ultimate firefighter and I'm problem solving for
- 56:52everybody else that I never take the time to to work on me.
- 56:55You know, I'm too on for everybody else.
- 56:58So if I could go back in time, I think if I would have worked on
- 57:01myself a lot sooner, because what came out of that experience
- 57:06was the biggest lesson I took was you cannot give what you do
- 57:10not have. And I couldn't give my family
- 57:12unconditional love because I didn't unconditionally love me.
- 57:16And when I discovered that truth, it was like, no wonder I
- 57:21feel like I'm always on this Ferris wheel running or this
- 57:24wheel running and, but going nowhere because I can't please
- 57:27everybody because I'm not even happy with me, you know?
- 57:30And so by healing and doing all that stuff, I started showing up
- 57:36way more emotionally controlled, very way, way less reactive.
- 57:44And I was always good at being stoic in my business, but I was
- 57:47never good at being stoic in my relationships, you know what I'm
- 57:50saying? And so that was one of the best
- 57:54things that came out of that. The other the other thing I wish
- 57:57I can go back and do is go deeper with my significant other
- 58:01and realize that if you want your marriage to be successful,
- 58:04you can't put your business before your marriage.
- 58:07You just can't. You want to, it sounds good on
- 58:10an Instagram post like we're going to go dominate, make a
- 58:12bajillion dollars. That's you putting your making
- 58:15your business the priority and that's what's going to be
- 58:17successful. And I believe that with the
- 58:19right partner and the right buy in and mastering their love
- 58:23language, they will become your biggest catalyst for making your
- 58:27business the best it can possibly be.
- 58:30And that we see some great examples of that.
- 58:33Maybe one of the most loudest is like Grant and Elena.
- 58:37They figured out a way to support each other at a very
- 58:40high level, you know, Which is pretty admirable because it's
- 58:43hard to do. Yeah, that's all we talked about
- 58:46on our podcast last week was, was their relationship in that
- 58:50dynamic and how they were able to build that and really support
- 58:53each other. And you know, I think everyone
- 58:56in your life is either an anchor or a sale and they're either
- 58:59going to pull you forward or they're going to drag you down.
- 59:02And it's tough. I I mean, it's something that I
- 59:04still struggle with. Obviously I'm single and work
- 59:07obsessed, workaholic and on a plane every week and all these
- 59:10things. So it is tough because you
- 59:11wonder like why? You know what, what is it all
- 59:14for? And for me, it's in.
- 59:17But we make these stories, right?
- 59:18Like I want to help the world. I want to save lives.
- 59:20I want to help people inspire. Like that's what brings me the
- 59:23most fulfillment. But then it's always, it's also,
- 59:27well, what if I never see the forest through the trees?
- 59:29And what if I'm sacrificing A deeper connection with somebody
- 59:34that could be beautiful or, you know, I'm like, I don't want
- 59:37kids and I don't want to get married.
- 59:38I don't want to like all these walls and all these modes that
- 59:40we built around herself. And so I'm always on that
- 59:42journey of personal development of asking the questions and
- 59:45staying curious of why do I think this way or feel this way
- 59:48and or recreate the story. You know, I have never had a,
- 59:52I've had long term relationships in my life with, with people,
- 59:55but never a man. You know, it's always I, I end
- 1:00:00up recreating the story of ours, like not going to find the
- 1:00:03person, the person that I want isn't out there or whatever.
- 1:00:06Or it's, it takes my freedom or there's always something right.
- 1:00:10But have you figured it out? I think way more so than ever
- 1:00:14before. Yeah, You know, it's like now
- 1:00:17I'm so present to what's in front of me and I'm I've built
- 1:00:22the ability to shut the rest of the world off.
- 1:00:24You know, like back in the day, I used to bring my work home
- 1:00:28with me. You know, you'd walk in to the
- 1:00:31house and, you know, my ex would go, how was your day?
- 1:00:34Well, so and so did this and that and this happened.
- 1:00:36And it was kind of like I'm feeling in a friend.
- 1:00:40You need to park that in the garage.
- 1:00:43I don't care if it takes you 10 minutes to sit in the garage and
- 1:00:46just decompress. Do not bring that home.
- 1:00:49Home needs to be protected. You know, home is a different
- 1:00:52environment. There is a moment where you can
- 1:00:54talk about your day and all that stuff, but at the end of the
- 1:00:58day, she just wants to make sure I'm OK.
- 1:01:02She doesn't give up my money or what happened, you know, with so
- 1:01:06and so in a business transaction.
- 1:01:08What I've realized, at least from a man's perspective, is
- 1:01:14when I'm at the office, I could be the president of the company,
- 1:01:17the Ceoi could be the king of my world.
- 1:01:20But when I come home, I'm the joker.
- 1:01:23I'm not the king any longer. I need to humble myself and get
- 1:01:28out of my own way and realize that that is a different dynamic
- 1:01:30in a different relationship, and it's going to take different
- 1:01:34energy. And that alignment we're talking
- 1:01:37about. Like it's just you have to, you
- 1:01:40have to fight for that harder than anything else.
- 1:01:43And I wasn't doing any of that. I was just so on trying to make
- 1:01:48money and dominate and win. And I used to justify it by
- 1:01:52saying I'm doing this all for you guys.
- 1:01:55See all this I did, I'm doing all this.
- 1:01:57You don't understand, You know, if you had to go earn, when's
- 1:02:01the last time you earned $50,000 in a day?
- 1:02:04Never. So I had like this ego complex,
- 1:02:07like this narcissistic ego energy where it's like you can't
- 1:02:10do what I do you, you love the Amazon packages showing up.
- 1:02:15So why are you complaining? It's because I wasn't present.
- 1:02:19Yes, we all want the nice stuff, but not at the expense of
- 1:02:24feeling unsafe or feeling not appreciated or respected.
- 1:02:29And I failed miserably at all that.
- 1:02:31And I think that I've come a long way through the loss and
- 1:02:34the pain and losing when you lose your family, that it takes
- 1:02:39a man at least three to five years to rebound from a divorce,
- 1:02:44even if it's your choice. It was my choice to leave and it
- 1:02:49still was the hardest, heaviest thing I ever went through, the
- 1:02:52biggest loss of my life, not because I want to go back to
- 1:02:56that relationship, but because it is the biggest loss of your
- 1:03:00life. You're losing your presence with
- 1:03:01your kids and all. You know, there's a, there's a
- 1:03:04vibration that happens after a divorce that heavily effects a
- 1:03:09lot of people, you know, Plus it cost me millions and millions
- 1:03:13and millions of dollars. I had to reset financially a lot
- 1:03:18and it was all avoidable. And I still remember the day I
- 1:03:22sat down with her very early on in our relationship within the
- 1:03:25first couple months and I literally said to her, do not
- 1:03:28get in the way of my dreams because if you do, you're gone.
- 1:03:34You will always be behind my goals.
- 1:03:38I want to, I want to be wealthy. I want to be this, I want to be
- 1:03:40that. And I told her basically you get
- 1:03:45in the way of that. I'm ditching you.
- 1:03:46Who wants to hear that? She believed it.
- 1:03:49She believed it and she stuck around and she experienced it.
- 1:03:52But I basically just manifested an end, right?
- 1:03:56That we're going to. We're going to fail.
- 1:03:58How did you, I don't know your your stories with your business
- 1:04:01partnerships, but you have multiple business partners now.
- 1:04:04I mean, you got clever fun and green elephant and floor daddy
- 1:04:06and you still are a part owner and clever investor and all
- 1:04:10these things going on and relationships and partnerships
- 1:04:13are such a key P and we're talking about team like it's
- 1:04:15everything. You can't build anything with,
- 1:04:18with no one that you have to have partnerships in your life.
- 1:04:21And for me personally, I've been burned before or made bad
- 1:04:25decisions. Like I take full accountability
- 1:04:27for everything in my life. And I recognize the pattern of,
- 1:04:29OK, this has happened this time and it happened again and
- 1:04:32whatnot. But in personal relationships or
- 1:04:34business relationships, we start to develop these walls and we
- 1:04:37build this Moat around ourselves.
- 1:04:38And it's a way to protect from chaos happening again.
- 1:04:43But then also it can prevent us from being able to experience
- 1:04:46love again or experience a business relationship where we
- 1:04:49could really be sales for each other and grow.
- 1:04:51And so how have you navigated partnerships in your?
- 1:04:57For me, I'm afraid of partnering.
- 1:04:59I'm afraid of having an equity partner ever again because it
- 1:05:04didn't work out before and I don't want to be married to
- 1:05:07somebody that isn't going to end up pulling their weight or we
- 1:05:10end up being misaligned or I end up having to do, you know, I was
- 1:05:13always the one in class. I had to do the work for the
- 1:05:15whole team and all the things right?
- 1:05:17Or they screw you over or you like all these things.
- 1:05:19So how have you navigated your business relationships now and
- 1:05:22your, your purse wish if, if you want to get into it also
- 1:05:26differently than you did before? And like, what did you learn
- 1:05:29from those failed relationships and how did you, how did you
- 1:05:31shift that? I think on its core foundation,
- 1:05:34you got a partner for the right reasons.
- 1:05:36You know, 2 salespeople can't go off and build a business
- 1:05:38together because operation is going to fail significantly.
- 1:05:42Because you got 2 visionary dreamers that are going to go
- 1:05:45sell the dream and make money come in the door.
- 1:05:47But they don't know how to operationally pull it together,
- 1:05:51right. So you have to have
- 1:05:53complementary partnerships, right?
- 1:05:56And so for me, I'm very strategic with my partnerships.
- 1:05:59It's like at 4 Daddy, I fight. There's five of us in total.
- 1:06:04So you know, it was, it's like, you know, a lot of big
- 1:06:07personalities. They're all my best friends.
- 1:06:11Well, three of them are my best friends.
- 1:06:14And I've had failed partnerships, cleaned out my
- 1:06:16bank account, stole everything from me, left me high and dry.
- 1:06:20I've had partnerships where we, we spent a bunch of money on
- 1:06:25stuff and, and one of them said, you know, I'm going to go do
- 1:06:28something else. And it's like, OK, well, let's
- 1:06:31just you pay your half the credit card bill.
- 1:06:32I'll pay my half and we'll wind this thing down.
- 1:06:34I don't, I'm not paying that. And they just you out of like
- 1:06:37203040 grand real quick. And you're just like, why would
- 1:06:40you do that? You know, it's like, it does
- 1:06:42make you feel like I can't trust anybody.
- 1:06:45But the reality is, if you pick the right partner, that's
- 1:06:49complimentary, if you approach it in a very savvy business
- 1:06:54approach with good documentation and paperwork, most people just
- 1:06:58do this, do partnership. And I it's like, no, grow up,
- 1:07:04learn from it. Document the divorce ahead of
- 1:07:06time. This is the, this is how we're
- 1:07:09going to work together. And this is how we're going to
- 1:07:11split this thing up if it doesn't work out right?
- 1:07:14Because it's some, you know, a lot of times it doesn't.
- 1:07:17And then the other part of it is daily alignment, fighting for
- 1:07:21that daily alignment, right? Going deeper, being more than
- 1:07:24just business partners leverages power.
- 1:07:27You have to figure that part out.
- 1:07:29I'm able to run 4 companies at scale because I have great
- 1:07:33partners and I trust them. And it's the only way to scale
- 1:07:38you. You'll stay small if you don't
- 1:07:40figure out how to form great partnerships.
- 1:07:42And it took me just a couple times having that regrettable
- 1:07:45turnover where I lost my key person and my business really
- 1:07:48got hurt for you to wake up and realize that equity is a tool.
- 1:07:52It's, it's not valuable until it's valuable at the very end.
- 1:07:57So a lot of times we hold on to it really tight as if there's,
- 1:08:00there's some magic value to it right now.
- 1:08:02There's not the right partnership will 50X the value
- 1:08:05of your equity. So create that alignment and
- 1:08:09then it's goes back to the what's in it for you.
- 1:08:11If we do this together, talk, get clear and use your equity as
- 1:08:15a tool and lock them in, you know, and then check in
- 1:08:19constantly, are we good? Where are you at?
- 1:08:22What do we need? You know, what can I do better?
- 1:08:26Most of my leadership style is just asking a ton of questions.
- 1:08:31In most rooms, I have the answers.
- 1:08:35My ideas are always the best. It's very rare for one of my
- 1:08:40team members to have a better idea than me.
- 1:08:42But if you run around like that, you're, you're going to be
- 1:08:45limited by yourself. So it's like I already, it's
- 1:08:48kind of like Lyle and Socratic mentorship.
- 1:08:52I know the answer. Lyle knew the answer.
- 1:08:54But I need you to get there. You know, in Floor Daddy, my 5th
- 1:08:58partner is a guy named Tommy Mello.
- 1:09:00Tommy Mello owns A1 Garage doors, the largest garage
- 1:09:04service in sales and repair company in the country.
- 1:09:07There's nobody even close. He's massive, doing like 100 +
- 1:09:111,000,000 in EBITDA. Crazy, crazy numbers.
- 1:09:16Very successful when Tommy called me about 5 months into
- 1:09:20floor daddy's existence. Berber, what are you doing?
- 1:09:22Said floor daddy. He goes, you're playing in my
- 1:09:24space now. Home improvement, home services,
- 1:09:26like what are you doing over here?
- 1:09:27I said, I love the space. I want to scale it.
- 1:09:29I want to build a billion dollar flooring brand.
- 1:09:32And he's like, I want to end. And I was like, I've had ten
- 1:09:38other people call me and say I'll throw money at you names.
- 1:09:41You know, you said one of them on this podcast and I told
- 1:09:46everybody, no, because I don't need money.
- 1:09:47I got lots of money, but Tommy's done something that I, I want to
- 1:09:51do, which is scale it to a billion dollar brand and sell
- 1:09:55it. And he was like, look, bro, I'm,
- 1:09:58I'm going to, I want to partner with you, but I'm, I'm going to
- 1:10:00stay out of your way for the first two years because you're
- 1:10:03already good enough to get to a certain milestone.
- 1:10:05But at the two year mark, I'm going to bring in my venture
- 1:10:08capital team and we're going to have weekly check insurance with
- 1:10:11the CFO. We're going to have weekly
- 1:10:13marketing cadence. We're going to have this and
- 1:10:14then that. And then once we ensure that you
- 1:10:18have all the bugs worked out and then a period of time of my team
- 1:10:23being in yours, course correcting you, I'll take you to
- 1:10:26the promised land, show how to get institutional money, scale
- 1:10:28this thing to the moon and dominate in that scenario.
- 1:10:32Tommy is so spot on. He never tells me what to do.
- 1:10:36He just asked me a bunch of questions and allows me to
- 1:10:39course correct to get me. He already knows where to go.
- 1:10:41He already knows the answer. And as good as I am, I need, I
- 1:10:45need to go through this process. I've never done $100 million a
- 1:10:48year. I've done 30, but never 100, you
- 1:10:53know, And so that's the right partnership.
- 1:10:54And you have to have that Hannah, if if you want to really
- 1:10:58scale this to be a really valuable brand.
- 1:11:00Yeah, yeah. I want to find the right the
- 1:11:03right partner for sure. That's the goal, that's the
- 1:11:06mission. I actually just talked about it
- 1:11:08on the podcast right before here I was on Burn Offs, Michael,
- 1:11:13burn Offs podcast and we're talking about that.
- 1:11:15But no, So switching gears to clever investor because I'm
- 1:11:19fascinated by this and what you built in the digital marketing
- 1:11:23space and became a huge real estate coaching company.
- 1:11:27How did you build that company? So when I first got into real
- 1:11:31estate, I told you I became obsessed with it.
- 1:11:33I fell in love. It was the greatest gay.
- 1:11:35I couldn't believe how lucky I was.
- 1:11:37I floated into work every single day wholesaling houses 1 turned
- 1:11:41to 10 turned 100 turned 1000 turned 2000.
- 1:11:44I then I started cherry picking out and rehabbing and then I
- 1:11:47started keeping rentals and I just was working my way out the
- 1:11:50real estate food chain. And I got pretty good at the
- 1:11:55marketing and the systems and I could see the future before most
- 1:12:01other people could. And Arizona's such a great
- 1:12:04market and we're like Ground Zero.
- 1:12:06Florida and Arizona are like Ground Zero for all the cool
- 1:12:08real estate, creative finance types, creative real estate
- 1:12:12stuff. And so I was at the right place
- 1:12:15at the right time, doing the right activity.
- 1:12:17And back in like 2000 and maybe 4567, I used to, I used to drive
- 1:12:27around and get like go to the real estate brokerages and like
- 1:12:31they used to have like, oh, a thing by the door that had every
- 1:12:34Realtor's business card in it. And I would just walk in and the
- 1:12:37receptionist, I'd say hi to them and I'd grab all the business
- 1:12:39cards and I'd go and I'd call all the Realtors and try to
- 1:12:41network with them and maybe send an e-mail one at a time to them.
- 1:12:45And one day I was playing golf and I was talking to the guy
- 1:12:51checking me in and he's like coding something.
- 1:12:53It's like 2006 and I said what are you doing?
- 1:12:56He goes oh it's a mass emailing software I'm building so I can
- 1:13:01send out coupons to all the golfers that work here.
- 1:13:05And I'm like, what do you mean? And he goes, well you know it's
- 1:13:07like you click 1 button and the e-mail goes to everybody and I'm
- 1:13:11like you could do that. I've been doing one at a time.
- 1:13:13Like this is freaking amazing. This did not exist.
- 1:13:17This technology was like some kid on a computer building it.
- 1:13:21I said, what do you call it? He goes, I call it C to C and
- 1:13:23I'm like, I could use that my real estate business.
- 1:13:27And so I was telling him what I was doing with wholesaling
- 1:13:29houses. I was like, I got all these cash
- 1:13:30buyers, but I don't know how to like advertise to all of them at
- 1:13:32once. And he's like, well, this might
- 1:13:35help you. And I was like, can I buy it
- 1:13:36from you? And he's like, you would want to
- 1:13:37buy this from me? I'm like, yeah.
- 1:13:39He goes, what do? What do you want to pay me for
- 1:13:41it? I said, I don't know.
- 1:13:42I'll give you 200 bucks. He's like, you give me $200 for
- 1:13:44this, Let's go. I gave him 200 bucks.
- 1:13:47I brought my after golf. I went and got my big thick
- 1:13:50Toshiba laptop and handed it to him and he uploaded it.
- 1:13:54Nick, I'm the first wholesaler in the country doing mass e-mail
- 1:13:57marketing at scale. I did that with text message
- 1:14:00marketing, ringless voicemail, e-mail.
- 1:14:02I was the 1st at all of them because once I discovered a
- 1:14:05competitive advantage that gave me that unfair competitive
- 1:14:08advantage, I started selling properties like crazy.
- 1:14:12And So what happened is just through dominating my local
- 1:14:15market and selling more than everybody else and doing cool
- 1:14:17tech, people would come to me and be like, how do you do this?
- 1:14:20I'll pay you to show me how to do this.
- 1:14:22And I couldn't shut the up about real estate because it changed
- 1:14:25my life and my family's life. I was able to retire my parents
- 1:14:28my first after 14 months, no deal.
- 1:14:33I did my first deal 12 months later, made 1.3 million, first
- 1:14:38millionaire in my family, retired my parents that same
- 1:14:41year. Now people are coming to me
- 1:14:44saying will you teach me? And I, I if you would have asked
- 1:14:47me as a kid, what do I want to be?
- 1:14:49I would have said the 9th grade history teacher or a marine
- 1:14:51biologist. I want to be one of those two
- 1:14:53things. So now I'm good at real estate.
- 1:14:56People are asking me to teach them.
- 1:14:57I'm like, this feels natural, like I want to do this.
- 1:15:00So I was like, what do you want to pay me?
- 1:15:04And one guy said I'll give you $10,000 to let you me shadow you
- 1:15:07for a day if you give me the systems and give me the tech and
- 1:15:10show me how you're doing it. I said done.
- 1:15:12I paid $200 for this, let's go and showed him.
- 1:15:17And he paid me 10 grand. And then he lived in another
- 1:15:20state. So he went home and that was
- 1:15:22that. And maybe 2-3 months later I get
- 1:15:26a phone call from him saying I have a friend, he wants to do
- 1:15:29it. Now.
- 1:15:30What you did for me radically changed my business.
- 1:15:32I'm printing money over here. Can you do it for my buddy?
- 1:15:36I said sure. So 1 turned to 2 turned to
- 1:15:38three. Next thing you know, I had all
- 1:15:39these people paying me to, to teach them and I, I was buying
- 1:15:45maybe 4 houses a day, three houses a day at the foreclosure
- 1:15:49auction at the time. And I was like, maybe I can make
- 1:15:55a side hustle business out of this.
- 1:15:56So I was thinking about, everybody called me clever
- 1:15:59investor. My business was clever with AK,
- 1:16:02not with AC because the one with the C was taken and I was like,
- 1:16:05maybe I can start an education brand called Clever Ambassador.
- 1:16:08I wonder if I could get the domain And I bought the domain
- 1:16:12for $5000 off a guy and I popped up a little website and I, my
- 1:16:17very, very first product was me filming myself down at the
- 1:16:22foreclosure auction, buying a short sale that I had been
- 1:16:27working as a short sale that failed as a, the bank would not
- 1:16:32accept the short sale offer. And it went to auction and I
- 1:16:35just bought it at auction. And then I flipped it to the
- 1:16:38same buyer that was trying to buy it as a short sale.
- 1:16:40I called it a reverse short sale and I just documented the
- 1:16:43process of what I was doing. And I filmed myself my little
- 1:16:47sales pitch and I put it out there and I charged 97 bucks a
- 1:16:50month. It was my very first product
- 1:16:52called the reverse short sale system.
- 1:16:54And I probably sold, I don't know, maybe to a point where I
- 1:17:01was making 50,000 a month. Were you running ads behind it
- 1:17:05or were you? No, there was no ads back then.
- 1:17:07This was through a just posting, just me, me, me talking about
- 1:17:12it. It kind of going naturally viral
- 1:17:15Facebook posts and stuff like that.
- 1:17:17I was, I had a couple people that I met at some seminars that
- 1:17:22had emails of people that wanted to learn real estate investing.
- 1:17:26I didn't know they were called affiliates back, you know, so I
- 1:17:29start plugging in and they were like, oh, I'll do some marketing
- 1:17:31for you. Will you give me half?
- 1:17:32And I'm like, yeah, here's a link, Send it out to your
- 1:17:35people. And then I then I caught on real
- 1:17:37fast. Oh, if I build an e-mail list
- 1:17:40like I'm doing with my cash buyer list, I can sell my stuff.
- 1:17:43I could sell other people stuff. Then I started going to seminars
- 1:17:46for marketing, trying to figure out what is direct response.
- 1:17:50Mark, what is this? How do I sell more of this?
- 1:17:52And I just my first year at Clever Investor, I maybe made a,
- 1:17:57I don't know, 350 grand. My second year I probably made
- 1:18:003,000,000. My third year I made 5 million,
- 1:18:02my 4th year, 8 million and it just built, bill built.
- 1:18:07I got up to 25,000,000 a year. You know, by 2016, I was, I was
- 1:18:10doing big numbers, the largest online education.
- 1:18:14Almost all the people nowadays from that time period came
- 1:18:19through my program. A lot of your favorite gurus
- 1:18:24came through the clever world or they worked for me and I I
- 1:18:29taught them what I knew about marketing and business and then
- 1:18:32then they went off and started. That's another thing is a big
- 1:18:36fear for people is, oh, what if they take my best stuff and go
- 1:18:39and create a competing business? I know a lot of people that fear
- 1:18:42that. I never gave.
- 1:18:43A Yeah. I always looked at it like
- 1:18:46you're going to get on my bus, we're going to have this
- 1:18:48magnificent ride together, and when you opt to get out, I'm
- 1:18:52going to drop you off at a better place than I found.
- 1:18:54You right, that's abundance. It's abundance, and some of it
- 1:18:57did hurt. There was one group in
- 1:19:00particular that left and they formed a partnership.
- 1:19:02They all came out of my camp and they went off to do hundreds of
- 1:19:06millions of dollars and I had to sit on the sidelines and watch.
- 1:19:09But that forced me to be a better entrepreneur because then
- 1:19:13I had to go backwards and go, how did I lose them?
- 1:19:16What did I? That's where the all these
- 1:19:18things we talked about on this podcast came from is the loss of
- 1:19:22some very talented human beings that I just, I, I didn't get out
- 1:19:27of my own way fast enough. How would you build such a big
- 1:19:30e-mail? Looks?
- 1:19:30Didn't you have like millions? I have a million, million
- 1:19:33people, yeah. How did you do that?
- 1:19:35I believe that it's your obligation to be the loudest
- 1:19:39voice in the room if you believe in what you're doing.
- 1:19:42And so from a marketing perspective, I never, you know,
- 1:19:45some people fear sales. I can't shut up about what I'm
- 1:19:49doing. I'm so loud and obnoxious with
- 1:19:51it. And I'm also, I don't give a
- 1:19:53shit about what anybody thinks about me.
- 1:19:56I will dress up like Barbie and wear a dress.
- 1:20:00I will wear a Moon Man outfit. I will be the Monopoly guy.
- 1:20:04One day. I will stand in front of the
- 1:20:06bank and park all my luxury vehicles in front of the bank
- 1:20:09and hold up deal checks. And me and my son are holding up
- 1:20:12checks. And you know, I got $1,000,000
- 1:20:14worth of checks. And I'm like, hey, kid, where
- 1:20:15you want to go? And he's like Disneyland.
- 1:20:17I'm like, let's go to Disneyland.
- 1:20:19We just closed all these deals. Let's go.
- 1:20:20I was so loud and obnoxious with it.
- 1:20:22And then the other thing is. I was I have marketing stamina.
- 1:20:26I will spend money so fast to figure out marketing.
- 1:20:31A lot of people like take somebody trying to learn how to
- 1:20:35generate leads in the real estate business.
- 1:20:37What should I do, Cody? OK, go send out this ugly
- 1:20:40postcard to these 3000 people and do it every three weeks
- 1:20:45until I tell you to stop. They send out two postcards, get
- 1:20:49no phone calls and they panic and they're like, this is too
- 1:20:51expensive. This I'm not doing it, postcards
- 1:20:53don't work. I'm like bro you're trying to
- 1:20:57tell me planes don't fly. You know how dumb you sound.
- 1:21:01I sent out millions of postcards and I've made 10s of millions of
- 1:21:06dollars. You are so wrong about this.
- 1:21:10You just don't realize that you have to drop 30 postcards before
- 1:21:14you get this crazy lift. But when it happened your whole
- 1:21:17world changes. Same with PPC, same with TV
- 1:21:20commercials. You know, right now at Floor
- 1:21:22Daddy, everybody says do Facebook and paper click and
- 1:21:26like, you know, build networks and all that stuff and do TV
- 1:21:30when you can. But you know, TV's down the
- 1:21:33road. I started my TV month 5 spending
- 1:21:3830 grand a month. My first thirteen months, I
- 1:21:43spent 30 to 60 grand a month and lost all of it.
- 1:21:48I did not make a return on any of it.
- 1:21:51Around the 15th month, I'm making a million and a half
- 1:21:55dollars a month. My TV has raised every other
- 1:21:59marketing channel through the roof.
- 1:22:01Everybody knows my name. The brand finally took hold and
- 1:22:05everybody's looking at me like I'm a genius and I'm like, dude,
- 1:22:08I just have marketing stamina. I'm willing to light 200 grand
- 1:22:12on fire in front of you because I don't care about the money.
- 1:22:15I care about the brand and the end result.
- 1:22:17I will get there because it's noisy.
- 1:22:21And if you don't breakthrough the noise and have the
- 1:22:24consistency and the creativity, nobody's going to come to you.
- 1:22:28It's this is not the Field of Dreams where you build it and
- 1:22:31they come. You have to cut through the
- 1:22:34noise and get the oxygen to you that the the attention needs to
- 1:22:39come to you. And somebody, I learned a lot
- 1:22:42from just watching them was like Grant Cardone, because we all
- 1:22:46kind of started the social media game around the same time.
- 1:22:49We at the time he was doing sales, I'm doing real estate.
- 1:22:52But we're both kind of going like this.
- 1:22:54And then I like go like this and he just goes to billions and I'm
- 1:22:58like, mother, what? He's not smarter than me, better
- 1:23:02than me, dude, anything. We're both playing this game.
- 1:23:04He just realized at a deeper level how important it was to be
- 1:23:09omnipresent in these people's lives and be the loudest noise
- 1:23:12in the room and to just hijack every story and conversation
- 1:23:16back to himself. And I was like, yeah, I need to
- 1:23:19do that better. Yeah.
- 1:23:21How do you get connected with Barbara Corcoran and use that to
- 1:23:25make you a ton of money in coaching?
- 1:23:28That's a fun story. So Barbara, what I was, I did
- 1:23:31the reverse short sale and then I was doing some other little
- 1:23:34products and I was like, God, nobody really knows me.
- 1:23:39I'm still just this little real estate guy.
- 1:23:42And I wish I had a celebrity or somebody that I can align with
- 1:23:46and kind of ride their coattails because I'm a really good
- 1:23:49operator. I know real estate better than
- 1:23:51anybody. I'm a technician in the, in the
- 1:23:53game of real estate. I could teach it better than
- 1:23:56everybody because I I love teaching and I obsess over how
- 1:23:58to take a complicated concept and simplify it.
- 1:24:02But I'm not a brand yet. And so I was trying to think
- 1:24:07like, who's a real estate mogul back then, back in 2013, 2020,
- 1:24:1112/20/13, Robert Kiyosaki and Trump.
- 1:24:15I couldn't think of another one that actually had a brand.
- 1:24:19And so I happen to be watching Shark Tank.
- 1:24:22It was season 1. And they just was like, I don't
- 1:24:23even remember. It might have been the pilot,
- 1:24:25but this thing came and they said real estate mogul Barbara
- 1:24:28Corcoran. And I was like, Oh my God,
- 1:24:30there's a female real estate mogul.
- 1:24:32This is amazing. I went to Google and I literally
- 1:24:36Googled her. I said Barbara Corcoran's phone
- 1:24:38number and her phone number came up and I was like, oh, that's
- 1:24:42right. She was a real estate agent.
- 1:24:45It's there. What happens if I call it?
- 1:24:48I had no plan. I just called the number on the
- 1:24:51fly, like I and, and her assistant answered and I was
- 1:24:56like, oh, like, I was not prepared for somebody actually
- 1:25:00answering. And just on the fly, I just spit
- 1:25:04out. My name is Cody Sperber.
- 1:25:05I run an online education company.
- 1:25:07I want to pay Barbara Corcoran more money per minute that she's
- 1:25:09ever earned in her life. And I just stopped talking.
- 1:25:12And after a pause, the lady started laughing.
- 1:25:16And I hear her go, hey, Barbara, Some young kids on the phone
- 1:25:20saying he's going to pay you more money per minute than
- 1:25:22you've ever earned in your life. And then Barbara's laughing in
- 1:25:24the background and next thing you know, I'm being connected
- 1:25:27with Barbara and she's like, talk to me, kid.
- 1:25:30And I was like winging it. I was like, First off, great to
- 1:25:34meet you. I I'm going to fly to New York.
- 1:25:37I'm going to bring a microphone and a computer.
- 1:25:40I'm going to I'm going to, I want you to tell your story at
- 1:25:44the beginning of a web webinar. Do you know what a webinar is?
- 1:25:47And she goes, what's that? I said it's like a what?
- 1:25:49It's like a online class. She's like, OK, And I'm like,
- 1:25:53you don't have to sell anything. You don't have to pitch
- 1:25:55anything. You don't nothing.
- 1:25:56You just have to tell your story at the beginning of this thing
- 1:25:59and team me up, like basically pass credibility on to me.
- 1:26:03After that, you're done. You don't have to do anything
- 1:26:05else. She's like, well, how much you
- 1:26:07going to pay me? I said 1000 bucks per minute.
- 1:26:10She's like, if you get your ass to New York, I'll do it.
- 1:26:14And she gave me a shot. And next thing you know, I
- 1:26:16literally got on a plane the next day, got my ass to New
- 1:26:19York, brought a script, she read it, vetted it changed a little
- 1:26:24bit. But the story arc was so perfect
- 1:26:26because, you know, Barbara's story was she borrowed $1000 to
- 1:26:31start her real estate brokerage, which she later scaled and sold
- 1:26:34and became this big real estate mogul.
- 1:26:36Well, my course, the fast track profit system at the time, it
- 1:26:38was $1000. So the, the psychological anchor
- 1:26:42was if you invest your $1000 into your business, what can you
- 1:26:45do? And, and when I was leaving
- 1:26:49there, I didn't think Barbara really understood the blessing
- 1:26:53that she gave me. I thought, God, I got lucky.
- 1:26:57I kind of got in right before she became really famous.
- 1:27:01And I just kind of took advantage of a moment just being
- 1:27:04a little like hustler. And as I was leaving, we spent
- 1:27:08the whole day together. I thought I was only going to be
- 1:27:10there for like an hour. We broed out and had this
- 1:27:13amazing time and took all these pictures and ate food together.
- 1:27:16And she was just an amazing human.
- 1:27:18And as I was leaving, she goes, Cody, Cody, Cody, I got
- 1:27:20something for you, but don't open it until you get in the
- 1:27:22plane. And it was her book, Shark
- 1:27:24Tales. And I got to the plane, I was
- 1:27:26like, oh, yeah, she wrote something in there.
- 1:27:29And so I opened it up. And she knew.
- 1:27:33She knew the whole time what she was doing for me because in
- 1:27:37there, she said to Cody Sperber, the clever investor hustler
- 1:27:40extraordinaire, you have an uncanny ability to get millions
- 1:27:43of dollars worth of marketing for pennies on the dollar.
- 1:27:46You keep doing this, you're going to be big someday, kid.
- 1:27:49She knew what I was about to go do and it was the best it was.
- 1:27:54She is. I owe her a lot.
- 1:27:57And it turned me on to the power of celebrity endorsements
- 1:28:00because just her saying I want to introduce you to my friend
- 1:28:04Cody, the clever investor, one of the best marketers in the
- 1:28:07world. He's great at lead generation.
- 1:28:09In fact, I would call him the king of lead generation.
- 1:28:12She said all these amazing things on on this recording.
- 1:28:17And I went and I sold probably 3 to $5,000,000 worth of that
- 1:28:22course over the next 12 months. That's insane.
- 1:28:26And that wild all from a just having the courage to pick up
- 1:28:29the phone and call. And so many times people come to
- 1:28:33me and go, Cody, I don't know what to do.
- 1:28:35Did you Google it, bro? Have you even tried?
- 1:28:39And most people won't even take that stuff to just try to solve
- 1:28:44their own problem real quick. I need a real estate mogul.
- 1:28:46Let's go to Google. And then after that I where my
- 1:28:50big breakthrough actually happened was Josh Altman.
- 1:28:54So I did the little thing with Barbara, made a bunch of money
- 1:28:56and I was like, this thing really works.
- 1:28:58So I called Josh Altman and then I did this the exact same thing
- 1:29:01to him. I pitched him and he said, all
- 1:29:04right, I'm interested in talking.
- 1:29:05Next thing you know, I signed A5 year licensing agreement with
- 1:29:07him. I built his entire brand, all
- 1:29:11the mechanics of his brand blew him up on social media.
- 1:29:14He was already super famous from the TV show but I took him
- 1:29:17digital and we sold 10's and 10's and 10s of millions of
- 1:29:22dollars of worth of Josh Altman courses together.
- 1:29:25Highly recommend celebrity endorsements.
- 1:29:28Yeah, that's amazing. I love it.
- 1:29:29It's so cool. I mean, that's, you know, Robert
- 1:29:32Kiyosaki is how I was able to kind of get a a big start right
- 1:29:36away with my pod. He was my first guest on my
- 1:29:38podcast. He got 300,000 views.
- 1:29:39It was my first YouTube video with 0 followers, you know, and
- 1:29:43so when you can align, when you have these relationships and
- 1:29:46it's so cool because I just happened to have him as a friend
- 1:29:48and mentor in my life. But you were so intentional
- 1:29:50about who is the person, who is The Who to accomplish the how
- 1:29:54that I want to accomplish. How do I make it win for them
- 1:29:56and a win for me? And you just went out and you
- 1:29:58just found a way. People think that these people
- 1:30:00are unaccessible but accessible, but they are, they really are
- 1:30:05like you can access people. I mean, you could go into pretty
- 1:30:07much anybody's direct messages on Instagram, like everybody's
- 1:30:11on Instagram, right? And even if they have their
- 1:30:13assistant, like I have my assistants in there or whatever,
- 1:30:15but if there's something important, the assistant brings
- 1:30:17it to you and you see it and so. And show up with value.
- 1:30:21Yeah, not just an ask. Right, start with the give.
- 1:30:24With the give, you know, that's where a lot of people, people
- 1:30:25screw up. I get, I'm sure you do too.
- 1:30:27So many stupid DMS and you're just like, next, next.
- 1:30:30I'm not even responding, you know, But if you show up with
- 1:30:33the right pitch, right, you can open that door.
- 1:30:35Like I'm going to pay you more permit than you've ever made in
- 1:30:37your life. I don't.
- 1:30:38Yeah. Like if someone sent that in my
- 1:30:41DM, I'm like, OK, I'm listening, right?
- 1:30:43Like I had somebody that that said, what did he say?
- 1:30:45He's like, I'll pay you 5. I think it was like, I'll pay
- 1:30:47you $500.00 for three minutes and I was like.
- 1:30:51OK. 3 minutes. Yeah.
- 1:30:53What's the real host? Yeah.
- 1:30:54You're curious, right? It's like, it's something,
- 1:30:56right? It's better.
- 1:30:57But most people are like, can you help me?
- 1:30:59Can you do this? Can you do that?
- 1:31:00Can you do that? And of course, like, I'm never
- 1:31:02going to, my assistant's never going to bring it to me or
- 1:31:04whatever. But start with a give.
- 1:31:06And most people, they just, they want, you can't get interest on
- 1:31:08your deposit until you deposit in the bank, right?
- 1:31:11And people just want interest without making the investment,
- 1:31:14maybe the deposit. And, and if you deposit one time
- 1:31:18and you don't get the result you want, you keep depositing.
- 1:31:21That's the other part people do like a little fake like, oh, I
- 1:31:24gave you a follow. It's like I don't give a support
- 1:31:28me for the next 6 months, you know, share all my content, go
- 1:31:32deeper, leave comments, get involved in the charities that
- 1:31:35I'm into, you know, like get involved, like really show up.
- 1:31:39Yeah, I we can go. We got to end up here, but I
- 1:31:43could go a whole we get to have a whole another conversation
- 1:31:45about that. But anyway, rapid fire school of
- 1:31:49hard knock style. OK, how old were you?
- 1:31:51And became a millionaire. I was 26.
- 1:31:54What line of business are you in?
- 1:31:56Flooring. What's the biggest failure that
- 1:31:59you've ever had? I don't think I've had it yet,
- 1:32:01but I would probably say my marriage.
- 1:32:05What's the best advice you ever heard or received?
- 1:32:07Probably the advice I just gave, which is you cannot give what
- 1:32:11you do not have, and you can give unconditional love to the
- 1:32:14people around you if you don't have it for yourself first.
- 1:32:16What's the most amount of money you've made in a single year?
- 1:32:1810 million personally, 30 million in a single year.
- 1:32:21If you could send one text to your younger self, what would it
- 1:32:23say? What would it say?
- 1:32:25It would say and go for. It if you could leave one
- 1:32:28message with the younger generation, what would it be?
- 1:32:30You have all the potential in the world right now.
- 1:32:33Everything is in your favor. It is your obligation to be
- 1:32:37successful in every level. It's not an option and if you
- 1:32:41squander that opportunity, that's 1000% on you and you
- 1:32:46can't blame anybody else. You have some amazing advice.
- 1:32:50Thanks for coming on the show, Cody.
- 1:32:52You're awesome. Yes, thank you.
- 1:32:53This has been a long time coming, so let's.
- 1:32:55Go. It's been a while.
- 1:32:56I'm glad we finally did it. Thanks, Cody.