Latest / Success Story with Scott Clary / Lavell Juan - Built a NASDAQ Company (Brag House) at 30 | How to Build Movements Not Companies
Transcript
- 0:00Why is it so hard to connect with Gen Z?
- 0:02Gen Z is a really interesting market, and the reason why we felt that it's really so hard to connect with them
- 0:08because they engage in content very, very different than the majority of people.
- 0:14Being able to reach them, even getting some of that is very attractive, but it's not an easy thing.
- 0:19What if the line between struggle and success was just one choice?
- 0:22Lavel Huang knows that line well, from growing up with little more than a dream
- 0:25to becoming a powerhouse in the world of entrepreneurship and branding.
- 0:29I tore my killies, and I couldn't play anymore.
- 0:31Coming back to New York City completely depressed.
- 0:34One of the things that I did was really just play video games.
- 0:36And it was just interesting, and I said, oh, you know what?
- 0:38Gaming could be social, but could also do a lot more.
- 0:42I feel like you have to kind of take risks.
- 0:44If it made sense, it was engaging, if it had a strong community, and it produced revenue,
- 0:48those are still the basic things.
- 0:50His journey is anything but ordinary, transforming obstacles into opportunities that
- 0:54few see coming, but it wasn't just the wins that defined him.
- 0:57It was the moments when everything could have fallen apart.
- 1:00Those moments shape Lavel Huang's vision, his grit, and his relentless drive to uplift others.
- 1:05I made tons of mistakes along the way, but doing all those things kind of
- 1:08gives you a sense of confidence, can't be scared to fail.
- 1:11Every step of success or work ethic has led me into exactly what I do right now.
- 1:17Honesty is really big thing, and that's a hard thing for people.
- 1:20If you can master that and saying it's okay, I think you're fine.
- 1:24So, Lavel, why is it so hard to connect with Gen Z?
- 1:38Gen Z is a really interesting market, and the reason why we felt that
- 1:42it's really so hard to connect with them is because they engage in content
- 1:48very, very different than the majority of people.
- 1:52And what I mean by that is that close to 90%, and I found these,
- 1:57I quote these statistics because they were staggering when I first
- 2:01researched the market, but 90% of them were considered court cutters,
- 2:06over 50% of them use ad blockers, and interestingly for us,
- 2:11close to 90% of them play video games that weekly.
- 2:15So, there's a lot of people have tried to throw
- 2:19the very traditional marketing and say, look at this,
- 2:22and here's some influencers and throw all these things there,
- 2:26and between being savvy, between being very technology focused,
- 2:32and also just being very influenced by their peers,
- 2:36authenticity is a very, very, very important thing to the generation,
- 2:42and so, but obviously people want to reach them because, you know,
- 2:47they have a $360 billion spend or disposable income in market cap.
- 2:52So, you know, being able to reach them, even getting some of that,
- 2:56you know, it's obviously a very attractive,
- 2:58but it's not an easy thing.
- 3:01So, what we did with Break House, and interestingly, you know,
- 3:05the first way we did it is that we actually got ambassadors,
- 3:09and I don't talk about that a lot, but we got five ambassadors,
- 3:12and I was in the whole point was to build this digital platform
- 3:18on the intersection of college sports, which, you know,
- 3:21from going to my background, it's really important to me,
- 3:23college sports, gaming, you know, and I do use gaming
- 3:27different from esports, because one, the market cap is different,
- 3:32you know, esports, the $3 billion market, gaming is a $300 billion market,
- 3:36but also, if you look at really what gaming is, the actual definition of gaming,
- 3:40it's the 99% of people who casually game, who enjoy gaming,
- 3:46who is part of their life, not the competitive, you know,
- 3:51people who game out in teams.
- 3:53So, we created something on the intersection of gaming, college sports,
- 3:58and social interaction, because that's obviously very important.
- 4:02And the reason why we picked those things is because those are three
- 4:05cultural forces for Gen Z, and then we actually got ambassadors,
- 4:10and the ambassadors came and they were like, we love this,
- 4:13and we actually listened to them.
- 4:15So, when, you know, people used the term authentic,
- 4:19which is used more, more now, than it was used five years ago,
- 4:23when we started, it is really something that's important to us,
- 4:27and it's kind of why we built the platform for them, around them,
- 4:32and that's one of the reasons why it's been very sticky.
- 4:36So, I think that's kind of how we've been able to do it,
- 4:39and happy to talk about more of the specific features of it,
- 4:42but that was kind of the genesis.
- 4:44Tell me how, because you didn't pick an easy business to start.
- 4:47So, this is not like an easy business, it's like obviously a little bit passionate,
- 4:50but at the same time, it's like passionate, it'll take you so far.
- 4:54So, where did you come from that you wanted to build something around the intersection of gaming,
- 4:58and sports, and a younger generation?
- 5:01Like, what was the inflection point that made you say,
- 5:03hey, I want to build this particular business?
- 5:07Because your background is interesting as well.
- 5:08I think that you had a legal background, obviously,
- 5:11had a college sports background.
- 5:13What was the thing that prompted you to, like, build this out?
- 5:16Great question, and I'm separating the two parts.
- 5:20You know, so college sports was always really big to me,
- 5:23and one of the reasons why I was big to me,
- 5:25I had to play baseball at UT, and one of the reasons why I was big to me
- 5:28is because of the community.
- 5:30It's like, you were part, you know, I'm a New York City guy,
- 5:32and went to this big school, and I was kind of, you know, lost,
- 5:36but you have a community.
- 5:37You have a camaraderie with people that are there,
- 5:40and that community motivates you, helps you do things.
- 5:44So, that was something that was really, really important to me.
- 5:48The first part of the story is I tore my killies,
- 5:52and I couldn't play anymore.
- 5:54And I remember coming back to New York City completely depressed,
- 5:58and one of the things that I did was really just play video games.
- 6:02I had a depression, but what it did, and this was kind of my first really kind of taste of it,
- 6:09I was also working with other communities,
- 6:11and I kind of felt what I had lost with being on a team,
- 6:16working with other people, and it was just interesting, and I said,
- 6:20oh, you know what?
- 6:21And, you know, through other things, you know,
- 6:23that was kind of the first thing where I was like,
- 6:25you know, gaming could be social, but could also do a lot more.
- 6:30So, you know, fast forward, went to law school,
- 6:34you know, and then kind of got back on the entrepreneurial stuff
- 6:36after, you know, private practice at a law firm on Wall Street.
- 6:40And then I remember, you know, looking at EA sports,
- 6:46and I always played, and they're one of our partners, so.
- 6:50Now, but I always remember playing college football, and of course,
- 6:54I played Texas, Pokemon, and I was like playing all the characters from there,
- 6:59and then, you know, show my age, you know, in 2014,
- 7:04they stopped, and they said, oh, like this image,
- 7:07we spring court decision, you can no longer, you know, have the game
- 7:11because they couldn't use athletes' images.
- 7:15And that was devastating to me.
- 7:17But the reason why it was so devastating is because it was a community.
- 7:23That was, I was tapped into the community.
- 7:24You played against people, you had that passion,
- 7:28you had that rivalry, you had that everything was there in a video game.
- 7:34And then from a business perspective, because, you know,
- 7:37I was a nerd, I looked at all their filings,
- 7:40and they made billions and billions of dollars just with that game.
- 7:46So I said, by taking that out, you lost that market cap,
- 7:50you lost that community of millions and millions of people being engaged.
- 7:56And I said, wow, that's really, you know, I was like, I was like, I can't believe that's gone.
- 8:01And I kept telling myself, someone way smarter than me is going to
- 8:08pretty much try to reinvent that, but make it even better.
- 8:11And they're going to say, hey, you know what?
- 8:14College sports is such an important thing from a community standpoint for stickiness,
- 8:19for revenue, you know, put that into a game, and people will connect.
- 8:25That's the social part.
- 8:26Someone is going to do that.
- 8:28So I waited.
- 8:28It's got every year.
- 8:31I finally left the law firm.
- 8:33I did two successful startups, and which I, you know, I exited very well.
- 8:37And I just kept waiting.
- 8:41And I kept waiting.
- 8:42Nothing happened.
- 8:43Nothing happened.
- 8:44And in 2018, I said, you know, I just sold one of my other companies and I said,
- 8:51I'm going to do something that's really important to me.
- 8:54If no one else is going to do it, I'm going to create that because I miss it.
- 8:57And the whole point of it at the time was to create an ecosystem,
- 9:02to create a digital space.
- 9:03And I remember that space because I was engaged into it.
- 9:07Everyone I knew was engaged.
- 9:08So we looked for it every single day.
- 9:10We talked to each other, we coordinated.
- 9:12We found ways to talk.
- 9:13I'm going to create that, but I'm going to make minds more vertically integrated
- 9:17that everything is in one platform, but it has all those same attributes.
- 9:21And that was the genesis for what I said.
- 9:24And I said, okay, so I, you know, I actually took, you know,
- 9:27everyone, our company started in 2020 pretty much officially.
- 9:31I went to my co-founder and I was also my best friend and I said,
- 9:35hey, great idea, but what people don't know is in 2018,
- 9:40I actually built a lot of the technology, really tried to understand it.
- 9:44And then in 2019, going in 2020 is when we brought on the ambassadors to kind of take a look at it
- 9:51and say, hey, what do you guys think of this?
- 9:54And then we launched and we pretty much went viral after that.
- 9:58So there was research.
- 9:59It wasn't like, you know, one of those stories that you just like
- 10:02launched something and everything goes, goes, well, you know, I did do a lot of research.
- 10:06It never is.
- 10:08But it's always, it's always up to that.
- 10:09It's always up to that.
- 10:10But it, but it did go viral after that.
- 10:13And then we went from five ambassadors to, you know,
- 10:17having probably 25 to 50 students on each campus pretty organically.
- 10:23And I think again, that's the power of, you know,
- 10:26building something strong in the community.
- 10:28And you'll hear me say this kind of throughout the entire, you know, show is like
- 10:33being authentic.
- 10:34Again, and the reason why I use these things more more is because if you want to
- 10:38going back to your first question, what do Gen Z value?
- 10:42They are very smart and they can see if you're an influencer
- 10:48and you're saying buy this because you're an influencer and you have a million fans.
- 10:52But if you do something that they think is authentic,
- 10:55and again, TikTok and they're like, you could be, you could be famous in the next day.
- 10:59And they'll be like, great, we like that, that person.
- 11:02And it's very interesting because, and I can see why companies have such a hard time
- 11:07because it's not a one fit all.
- 11:10So what we did is we put this community together, almost let them build a community.
- 11:14But we took attributes that were really strong to them.
- 11:18So we took college sports again, whether you played sports, whether you just were in college
- 11:23sports, I mean, so where you're just in college, you appreciate that community.
- 11:27Jess Club, just hanging out with friends like you, it was a community.
- 11:31So we built on top of that kind of community that's there.
- 11:35As I mentioned, only 90% over 90% of, you know, of Gen Z college students play video games weekly
- 11:42in a very casual way.
- 11:44And so we used that way to kind of really connect them.
- 11:47And then we built out fun things, you know, it's no secret that, you know,
- 11:51uh, draft kings and fandom, all those things are really big on college.
- 11:56So I was like, well, I'm not going to be a gambling platform.
- 11:59But why don't I gamify that kind of particular action and make it fun for people?
- 12:03So we came up with bragging.
- 12:05And bragging was really just being able to make these, you know, no, no monetary value
- 12:09with the actual brags.
- 12:10But you take brag bucks, you make predictions and you win a pot.
- 12:16And they're like, oh, it's awesome.
- 12:18And people love that.
- 12:19They love that so much that we actually then put a way that it can actually earn, you know,
- 12:24things of value more kind of like a loyalty.
- 12:27But again, this was a very crafted, um, you know, obviously there's always a lot of luck
- 12:32and stuff, but we did have a very methodical plan.
- 12:36And we were actually guided by the actual community.
- 12:38And we put that together.
- 12:39We started seeing the stickiness for it.
- 12:41And then as we started growing, you know, a lot of brands, and this was organic.
- 12:46Started reaching out to us because they saw that we were able to capture, you know,
- 12:51three times, five times more of the community than they would for my traditional ad.
- 12:57Tell me about, you mentioned like community and the importance of community.
- 13:02Just so people can, because it's so obvious to you, but for other people, it may not be so obvious,
- 13:08even though I think the ability to build a community is a super power for any business.
- 13:12But tell me the difference between building a community versus building an audience.
- 13:16I think by, so when you build a, in the way I thought about, think, think about this.
- 13:23If you build a audience, I'll start from the former, you know, it's kind of a, you know,
- 13:29you're building some type of content that people are going to enjoy.
- 13:34But it's all based kind of on that, you know, and that content, you know, could be good,
- 13:40could have times when it's not good, but it's just kind of based on that.
- 13:44And I feel like that's, you know, a little outside because you're just focusing on this area.
- 13:51If you build a community, you automatically have this, you know, again, I'm using the word
- 13:58stickiness because people are now connecting with people that they feel everyone wants to connect
- 14:04with someone they feel comfortable with, period. That's just, you know, it's human nature.
- 14:08So if you build this community that everyone feels safe and that's always a big thing for us,
- 14:12you build this community that you give experiences that you won't get anywhere else.
- 14:18You know, again, we give casual people the experiences, you know, some of our events,
- 14:22you, it was the proudest moment I have is I saw these students win and they were like
- 14:27celebrating like they were Michael Jordan and I was like, this is amazing. So you give these
- 14:31experiences, you build that community, the audience is going to come automatically and no matter
- 14:38what the community changes, I mean, no matter what they actually create their own content.
- 14:45So a lot of these things again, we have a, you know, full production inside, you know,
- 14:49brag house, but a lot of the stuff you can't make up. It's kind of like how people respond to
- 14:54some of the key words they say, some of the funny, you know, interactions they have,
- 14:59there's going to be an audience to watch them. We recently did something, you know, we did
- 15:04students and in our partnership with Learfield, we tested out a few platforms, we did a student one,
- 15:12they had every type of group supporting them, watching them, bragging on them, you know,
- 15:20that audience was, is now built in. Then we did something for college athletes and it was just
- 15:27college athletes because we're going to be working with NIL and they loved it, but it was a
- 15:31completely different audience that was now supporting that group. And I think that is the beauty
- 15:37of it is that if you start with the community, which is what we did, you now always have a particular
- 15:44audience because the content you're going to create someone is going to want to be part of that.
- 15:49And I think that is kind of like why we keep seeing success and we keep replicating everything.
- 15:54I'm just looking at some of the notes about how you actually built this. So you basically outright
- 16:00refuse traditional ads unless they're naturally created. So you've tripped like this is the
- 16:08strategy and this is working very well. One thing that you said, I love this quote, you can't buy
- 16:15community the same way you can't buy culture. These take long intentional builds and then it creates
- 16:22something that money can accelerate, but you can't and then you said, I don't think money can
- 16:29replace it referring to a community and culture. Can you expand on that a little bit more like why
- 16:36to play devil's advocate even though I fully agree with you? Why can't you buy community? Why can't
- 16:42you buy culture? Again, it goes to the sophistication of how the new generation interacts. They always
- 16:49goes back to the same thing. And I've seen what people have done is the traditional media,
- 16:57they're like, yeah, we don't want to do that. That's annoying. That's boring for us.
- 17:02So it's almost to a point where we, and I'm speaking to say we have Nijenzi, I'm not Nijenzi,
- 17:08but when Nijenzi is like, we want to be part of something. Instead of going to what the masses
- 17:18are going, we want to be part of something. That could be a movement, that could be what our
- 17:22friends are doing, that could be something we like, but we want to be part of something. So what all
- 17:27the other traditional things have done is they said, we're going to put this and when influencers,
- 17:32they said, well, you know, they really influence by their peers. So they pay professional influencers
- 17:37and they were like, and then Nijenzi was like, well, that's the same difference. So they just kind
- 17:42of see through all of these different ways. And then it changes. So you can spend all this money,
- 17:51get two percent, five percent, whatever, even a good number of people to respond. But then next
- 17:57week, there's going to be a different expression. There's going to be something different. So when
- 18:00you going back to the first way, you said, when you build with the community, first, the content
- 18:06is created. People are now falling because they trust their own community. So first thing was
- 18:11starting with a safe place for them. And that's the reason why you have all these brands, you know,
- 18:16throwing money at all these digital ads, but they don't have a central hub. What we created was a
- 18:21central hub where people and we put that community there. And that was the most efficient way
- 18:28because no matter it changed, no matter what the community is, could be athletes, could be chess
- 18:33club, could be cheerleaders, soccer club could be anything. You know, we had women's swimming team
- 18:40on, you know, in the University of Virginia. And they had such a strong community behind them.
- 18:45You know, and I remember one thing I say, and this is a, and I reused this story. One of our early
- 18:51interns, she was like, well, you know, I love this. This is great. I think this is needed,
- 18:58but I don't really game. And I don't think I'm going to have anything to offer. And I was like,
- 19:03well, you know, I disagree. I think everyone has something to offer. And she was like, I know,
- 19:08but I don't, she was like, I don't really game my boyfriend games. And I just, you know, I kind of
- 19:12don't, and I said, well, let's, you know, do an interview. And you just tell me why you like
- 19:16Bragghouse because you said you like Bragghouse. She did the best interview I've ever heard. And
- 19:21then she finished the interview and said, I'm really like, this is a community we're building
- 19:26together. And I really like the levels done blah, blah, blah, Bragg on. And Bragg on was such an
- 19:33important slogan. And I give her full credit for that to this day because, and I was like, look
- 19:39what you did. You created an expression because, and people followed everyone in our community
- 19:44inside followed it. Everyone in her University of Virginia followed it. You know, people started
- 19:50saying it all the time. And again, that's what money can't buy because that expression may not
- 19:56be the same today. I like like it was before as it is today. There's a new expression, but you also
- 20:02have a now a new audience who's now following. And that's just something that just, you know, money can't
- 20:08buy. Scaling is difficult. Scaling without losing what you've built, especially from like a community
- 20:15first perspective is I'm assuming very difficult. And you probably took it to the extreme because you
- 20:20went start up to Nasdaq and public trade company in seven years. I have to ask, this is obviously not
- 20:27your first rodeo. You said you had two companies before this. And you obviously were a securities
- 20:34lawyer before. So you knew how to navigate to a degree. But this is not, I think, the normal path
- 20:39for somebody seven years into building a company to take a public. So obviously the question is,
- 20:46why, what was the strategic importance of that? But also less less than why from like a company
- 20:52strategy. I'm more curious, how do you scale that quickly and go public while still maintaining
- 20:58the thing that makes your company in Bragg House so special, which is like this intimate community
- 21:03feel because that's something that again, you don't want to lose. You don't want to lose that as
- 21:08you turn into like another quote unquote big company. It's a great question. And I will say,
- 21:16probably that was one of the hardest things. Just to be honest with you, because at the same time,
- 21:21it's like, we created this community, but then we have to obviously build revenue models
- 21:25on top of it. So we need to have a real business there. So what we did is kind of really thought
- 21:33about, and we spent a lot of time thinking, how do we continue to grow? How do we get these
- 21:42models there? And at the same time, not lose what we've been talking about the entire time,
- 21:49community and authenticity. So what we did is I again, realized and I always kind of go back to my
- 21:55research, because it's my default to what I know really well. And I kind of said, well, you know,
- 22:03what is, you know, what do these, you know, I know what brands want. Brands want these students,
- 22:08they want new customers, you know, it's really an easy math there. They have a cost of acquisition.
- 22:14And if we can lower that cost of acquisition, which we do five, ten times better than anyone else,
- 22:20that's attractive for them. But what are the, what are the extra consumer? Because again,
- 22:24it's like you, you people start getting you money, they start paying you, and you're still
- 22:28you're focused there. And I'm like, and digital advertisement was kind of the main revenue source at
- 22:32that point. And I said, okay, well, what do the actual community want? So we started looking at
- 22:38that part of it. And I said, well, you know what? They don't mind being, you know, sold to or,
- 22:46you know, saying, hey, you know, but they don't want to be marketed to just blankly about everything.
- 22:52If they, what they want, they want what they want. But they're also then becomes the the
- 22:59quandary. Well, what do they want? So what I did is I said, hmm, let me just ask them. And I think
- 23:06that was kind of, and I did it inside the platform. So what I did is I created these kind of data
- 23:11models. And this is where the luck part comes in. I won't lie to you, but I created these data models
- 23:18to understand more what they want. So I created dynamic surveys that adapted to every user. I created
- 23:25these Braggbuck integration, which were like activity based rewards. So they did this and it kind
- 23:30of worked on behavioral insights. And then I had activity triggers, which just shows, you know,
- 23:35usage and all that stuff. And then I, and then we gamified the entire A, B testing experience. So,
- 23:42you know, how they respond different colors, different ads and stuff. But we gamified that into
- 23:46this game, Bragghouse, you know, people are still doing that. And then I took all that stuff and I
- 23:50said, all right, let me just categorize these behavioral insights, kind of figure out, you know,
- 23:55what they want. And then I said, okay. And what I realized that we were producing. And again,
- 24:00a little bit luck. Don't get me wrong. I realized that we were now identifying data
- 24:08that was very different than what everyone else was having. So what I mean by that is the data
- 24:15that generally people's like, how many likes, you know, what are your names, all that kind of stuff.
- 24:19We were, we were collecting behavioral data. And that was something that I realized soon
- 24:28was very different that people weren't, but people didn't have this kind of data. And I think
- 24:33mentioned before, like if, if Nike or anyone could say, we like this campaign, we want this
- 24:38campaign, we will not buy this. That's a, that's a million if not billion dollar thing to know
- 24:45how someone do that. But at the same time, then our actual audience is protected because we don't
- 24:52just run ads or do anything like that. We curate personal things. And if we know what they want,
- 24:58we now can communicate that and say, Hey, they, you know, this is what they want. They want these
- 25:04experiences and, you know, watching football or they want to do this. And now it's a quid pro quo
- 25:10because the audience doesn't feel like they're being oversold to. But now you're giving something
- 25:14even more valuable, I would think, because we were giving direct access, which is great. But now
- 25:20we're giving information again about an audience that's so hard to reach. So now that they can craft
- 25:27these brands can craft these better campaigns, smarter campaigns. And they can say, Hey, you know,
- 25:33what I heard you like this group of Nike sneakers, let's just give you that instead of selling you
- 25:3915 ads that you're, you're going to block anyway. So in that way, it became, yeah, they all
- 25:44have that blockers on exactly. And that way it became a more quid pro quo because the, the audience
- 25:49was happy. They were like, this is great. They were doing what they were doing. They were playing,
- 25:53you know, it's amazing because you know, a lot of companies jet blue, a lot of companies are
- 25:57going to do surveys. People enjoyed doing our surveys because again, and I break it down to
- 26:03the simple dichotomy. Gen Z want to be heard. They want to be understood. And I can't tell you,
- 26:10it was like a hundred out of a hundred people who said, Hey, yes, please, you know, because we asked
- 26:15them first, you know, we don't sell data or anything like that. You know, we just say, Hey,
- 26:18and we just said we respect, respect all the privacy. And they're like, yes, please, please,
- 26:22please, I want to fill the survey. Please tell me what I need to do. And now we have something
- 26:28more valuable. And again, it's all driven by the community. If people could literally poll,
- 26:33which is what we do, their entire, you know, Gen Z population, ask them what they want. That's
- 26:40valuable. But again, it started very slow, I don't know, you slow, very methodical in building
- 26:47the entire thing there on top of that. So that became a very, very powerful
- 26:55way to scale because now, you know, it didn't just revolve around content. We didn't have these
- 27:01have to have these super big activations. We still do. And our scalability, I think, is increased
- 27:06now because of our partnership with lear field communications, which, you know, now in essence,
- 27:13we have this billion dollar conglomerate that owns the meteorites to all these universities.
- 27:18And because they own the meteorites, all the universities, we're the sole platform that
- 27:23their students engage to connect them to traditional sports. So in a way, it's like my dream,
- 27:29what I wanted to build. Well, that's how you say, no, but that is, that answers the question. So
- 27:34how do you scale without losing the soul and the intimacy? It's like, you give people what they
- 27:40want, which sounds so obvious. But I think so many brands just throw shit out of wall,
- 27:44hope something sticks. And that's that gross marketing feeling. Exactly. The people feel.
- 27:50Exactly. That's it. That's it. That's that gross marketing feeling. It's exactly what it is.
- 27:55There was, I was just scrolling through TikTok. And there was an interview with like Tom Ford.
- 28:01And he was saying it was like a, you know, one of his 30 second clips. And he was saying how
- 28:05he hates the word marketing because a product, if the audience wants it, should really do the
- 28:13marketing itself. If a product is something that people want, people will buy it. So if you have
- 28:18a great product, and it's in line with what they actually want to purchase, yes, you can
- 28:24help them be aware of it. But he was saying he hates the word marketing because marketing
- 28:28seems to just cover up the fact that you have a shitty product that nobody wants,
- 28:34that nobody finds useful. And you're just forcing them to agree with that statement completely
- 28:39to see that it exists. And that's just like he just, I hate the word marketing for that reason.
- 28:43If you have a good product that people actually want, I'm paraphrasing obviously is much more
- 28:47eloquent, but if you have a good product that people want, you shouldn't have to, you shouldn't
- 28:51have to like just berate them with ads nonstop. You should pair product with person. They buy it.
- 29:00It's very simple, very simple. And this is really what you've done. This is really, and I think
- 29:05that also, I mean, I don't know if you knew this, maybe you maybe you did understand the opportunity
- 29:12when you started building this out, but the access to that data is like you mentioned, it's not
- 29:19just like a million dollar opportunity. It is like a multi billion dollar opportunity to get access
- 29:24to how that particular audience segment thinks and feels and pairs, like that's huge.
- 29:30I remember, like I said, it was, it was designed that we created to understand it because exactly
- 29:35what you said, give them what they want. They'll be loyal to you. And, you know, and then, you know,
- 29:41the revenue models will be intensified, you know, again, to my statement that I said, money will
- 29:46build on that and it'll just make it better. But I'll share a funny story with you. So, you know,
- 29:51one of our brand partners, we always provide this report. And a report says, hey, you know, we've
- 29:57connected X amount of new users to your platform. Every company has a different RRI, you know,
- 30:03some download my app, do this, whatever we did that. And then once we had these data models,
- 30:08I started putting that in the report. And the report was like, you know, students from the
- 30:14University of, you know, Arizona, you know, are really looking for this type of product.
- 30:21You know, they're really excited. You know, they don't really like this type of product that's
- 30:25here. This is something that's really going to help the students. And this is the time that they
- 30:29think would be better that they can consume it. And I put all these kind of things down there.
- 30:33And I remember, like the brand partner was like, wait, where did you get this? I was like, oh,
- 30:39it's just, you know, internal. We kind of like, could we just have this on a regular basis?
- 30:44And then I was like, wow, that's pretty important. And so, so that's, well, you, I mean, like,
- 30:52this is not your business, but like you could with the data that you have, that could be a whole
- 30:58business model. Like it could totally be that's how that's how important understanding the behaviors.
- 31:03And the fact that you do it in such a way, like, listen, the world is, is, is getting more aware
- 31:12of how data is actually being used. I mean, it started with like Cambridge Analytica and now GDPR
- 31:17and CTA and, you know, Europe's very strict. US not so much, but I'm assuming over time,
- 31:23the US will get even more strict and sort of keep up with Europe to a degree. But you can't
- 31:29just harvest data without consent and just sell it to companies. And the fact that you have found,
- 31:37like, a way to get people to want to give their data, I mean, that's also like incredibly smart.
- 31:44Thank you. Very smart. I think more companies, I don't think enough companies, well, I mean,
- 31:50you work with some of the biggest brands on Earth and they find your data valuable. So obviously,
- 31:55a lot of companies don't really understand how to get that data from from their consumers. I'm
- 32:00like, I mean, I'm not talking about the metas of the world that have unlimited amounts of data,
- 32:04but the average consumer brand, I don't think has really good, really, really good intel on what
- 32:10their customers want to buy, especially if it's a younger generation that, again, doesn't want to,
- 32:17yeah, doesn't want to give that data up because it feels like you're giving it to a company
- 32:22that's selling to them, but I feel like with your platform, I feel like they feel like telling
- 32:30the platform, telling Bragg how it's what they want actually makes the whole experience better.
- 32:35So they enjoy it. Absolutely. Absolutely. And that was always the plan. And that was definitely
- 32:40by design because we knew that if we kept this community happy, just kept growing it. And again,
- 32:46this was to be something, you know, again, when I first started creating this ecosystem and this
- 32:52digital platform for them, because again, that's what I remember it. I remember this digital space
- 32:58where I played games and it made me feel so safe and I enjoyed that. So I said, if we create that,
- 33:04you know, and I think the other thing that I probably didn't mention, but I think you said it,
- 33:10is that in addition to giving them kind of the product and then what the product is also part of our
- 33:14platform. So we also make sure that they're enjoying it. We make sure that they are, you know,
- 33:20again, we're building on things like college sports and stuff. But, you know, part of the Learfield
- 33:25partnership, the reason why they approached us is because they were like, you know, when I was a kid,
- 33:31and even now, you know, Yankees made the playoffs, I can sit and watch four or five hours of
- 33:36baseball. No one does that. As a 10th age. So they're losing, even the colleges, you know,
- 33:44billion dollar conglomerate is losing this core engagement of the audience, which when you lose
- 33:49engagement, you also lose spend. So what we've done is we've taken that experience and also said,
- 33:55hey, how can we make this more fun? And that's a little creative. And for example, one of the things
- 33:59that we're really proud of is, you know, we work with every single sport of each college.
- 34:06So every single sport, there's a Bragghaus activation where students can enter. And we tried it
- 34:12out a couple of betas with baseball. And what we did is like, well, how can we make this fun? You
- 34:18know, it's like, you know, we can do MLB baseball, but how can we make it fun? So we said, you know
- 34:22what? Students are enjoying playing Fortnite. Let's just make up baseball rules, did a full
- 34:29production around baseball. And, you know, how many kills you have that could be strikes,
- 34:33it could be runs. We did this really fun thing. It was beyond well intended over, you know,
- 34:39it oversubscribed to it. Everyone loved it. And the RI only, you know, it's like, you know,
- 34:44the RI for that was a test model was really just to connect the students to traditionally what the
- 34:52baseball game was going on. And we've heard that it was, you know, we're still getting in data for
- 34:58it, but we heard that it was probably more attended than any other baseball game virtually. And people
- 35:03kept the scores. They know, and that was something that we wanted to do. And again, if that's the way
- 35:10people are consuming, and it's important to understand that. So it's like, the way people are
- 35:16consuming now is digitally, I'm going to use Brickhouse. And I'll know everything that's going on
- 35:22with this game, with the soccer game, but I'm not actually watching the game. This is how I watch
- 35:27the game. And that's fine. You know, that's just what because now people are interested. They have
- 35:32fans and stuff. So, you know, that's something that I think, you know, we, we work really hard too.
- 35:37And I think that's ever changing as well to make sure that we're giving the community what they want
- 35:43from the product side and the data side, but also inside their safe space. HubSpot is a success
- 35:48story partner. Now think about listening to this podcast right now. You're probably multitasking.
- 35:52You're probably catching 70 to 80% of what we're talking about. But let's flip that and imagine
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- 38:40about Indeed on this podcast. Indeed.com slash clary terms and conditions apply hiring do it
- 38:45the right way with Indeed. So your lear field partnership. You have access to like hundreds. I
- 38:52think 200 plus campuses. This is the numbers that I have. You may have even more at this point.
- 38:58But a partnership like that. It could bring bureaucracy. It could bring
- 39:04it could bring corporate ideology. It could bring even corporate constraints. So when you bring
- 39:10on a partnership of that scale, obviously massively beneficial to the business. Speak about it,
- 39:15but also speak about how you manage bringing on something of that scale into again,
- 39:21a community driven trust driven brand and platform. Yeah, I know it's a great question. And it's
- 39:27definitely something we dealt a lot with earlier. I will say that lear field has been so far.
- 39:36I've been so over a year now an amazing partner. And the reason why is because and I appreciate
- 39:42this because it's hard to let go of the reins when you have that much bureaucracy and you control
- 39:47these media rights. But part of the partnership they came and they said, create what you need to
- 39:53create. Obviously they check the system, make sure everything was safe and was built correctly.
- 40:00But they really give us the autonomy. And that has been a key way that we've been successful for
- 40:08it. So what we do, just kind of recapping that is that in every single university,
- 40:17Bragghouse creates and we call an activation, but in our platform, people can use it just
- 40:23every day anyway, but we'll create an activation almost like a sporting event. And that will be
- 40:29that people can engage and the goal, we've tested it out for baseball, preseason football,
- 40:37and we're going to be doing a kickoff activation for playoffs for college football.
- 40:46But every single sport, there will be a Bragghouse activation that people can enter.
- 40:52And we craft that, we do that completely ourselves. It's a 50-50% partnership. So they bring in
- 40:59their clients, their partners, they bring in, we bring in our partners, whoever wants to partner
- 41:06with that. And again, the way we're doing it, because we believe that that's the only real way to
- 41:12connect is a genuine way, is people aren't paying for like something to happen on one day.
- 41:18They're really paying to be part of this activation. So they're almost going along with the ride
- 41:24of what we're producing. And that is, they see RRI much, much better. So our partnerships are like,
- 41:31hey, I want to be a year with you guys. And there's being incorporated into all the different
- 41:38activations and productions the way we see fit. So that I think is kind of one of the,
- 41:47what I believe is going to happen is I believe that with this opportunity and scalability,
- 41:52Bragghouse will be the sole platform throughout every single college for people to interact with.
- 42:01And I think, you know, at a certain point, you go above even what, you know, it's just meant to be,
- 42:08and you have a bunch of other, you know, you have, it'll be the sole engagement at a certain point.
- 42:12So that's at least what I think the goal is for it, and I can kind of see that happen just
- 42:16from our current engagement. Just to understand you as an entrepreneur, this is one of,
- 42:21this is one of my favorite quotes. You said it on past podcasts. And I want to understand what
- 42:27this means because I think again, we're very much like kindred spirits. We think alike, but you said
- 42:33life's an adventure. Your career is part of your life. It's just one big adventure, but make your
- 42:39career dangerous. So what does the idea of a dangerous career mean?
- 42:46So it kind of goes with two things. One, and I'm going to say this, you know, but I also
- 42:54caveat it too, you got to take risk and you got to, you know, I think if your risk, call and
- 43:00calculate it, call them, you know, that you, like all the risks that we've taken,
- 43:07we've really thought about them. We didn't just say, let's just wing in a prayer. It's like,
- 43:12you know, I said, I took a year to build out the technology, test it out. I used to go to bars
- 43:18in New York City just to say, hey, could we have people play Bragg House on this, you know,
- 43:24just to see if people even liked it. So, you know, I feel like you have to kind of take
- 43:30risk. I, you know, it kind of goes back to your earlier statement. I didn't want to, you know,
- 43:37if I was going to do something and put everything into it, I didn't want to do something that kind
- 43:42of everyone else did or just make one product better. I wanted to do something that was very,
- 43:46very different. And I thought that that, you know, if it, again, if it, if it made sense,
- 43:53if it, you know, did all the things supposed to do if it was engaging, if it had a strong community
- 43:57and it produced revenue, I feel like those are still the basic things. So I've always did that.
- 44:02And I've always kind of said, I'm going to just go to the edge of creativity with that
- 44:09say, which I will caveat though. For me, I probably can go to the edge and to the point of like,
- 44:16either this is going to work or not work. My wife gave me a little bit of advice, which I thought
- 44:20was pretty awesome. She said, I never want to stop your dreams because you're very creative,
- 44:26keep doing it, but maybe set a goal somewhere that you need to accomplish these five things.
- 44:32And if you have accomplished these five things within whatever period of time,
- 44:37then just re-analyze and do the analysis over. So that's my only caveat to that. I thought that
- 44:42was very helpful because I'm also someone who really, really has no problem playing dangerously,
- 44:46because I just believe in it. And I think you kind of need, I do think you kind of need that
- 44:52passion to really do it. So that's kind of what I meant by that because, but you also need to
- 44:58balance yourself with people. So my co-founder is the opposite of me. He's not dangerous.
- 45:06He's risk adverse. And he's our chief operating officer. And, you know, I told him, you know,
- 45:13it's like, I was like, oh, we're, we're going to go public. We're going to do this. We're going to
- 45:16build this. We're going to get these clients. We're going to do this. And why I forced him, I think,
- 45:22almost to think outside of what the realm of possibility is because he's so gifted at putting an
- 45:29organizational structure on it. So I just, so my job is literally to think even bigger every
- 45:36single day to a point where it doesn't even seem like it's, it's reachable. But I believe it's
- 45:44reachable, but I also believe it's reachable because we methodically planned it too. So that's kind
- 45:49of what I meant by that. I love it though. No, it's like that. It's like that ying in yang of like
- 45:56dreamer and an executor, right? Like the visionary and the operator and it does take both.
- 46:01Like you can't just have one. And I actually think that it's important to have it in your company.
- 46:05I mean, this is a whole other conversation that I, I bring it up on the podcast once in a while,
- 46:10but like having, having that balance in your house and having somebody, you can be like a
- 46:14sounding board for all your crazy ass ideas, like in like a spouse or partner or a girlfriend or a
- 46:19wife or a husband or boyfriend or whatever, like it is so damn important. Like it is so, so, so
- 46:26important. Like I think that that, I mean, like having the right partner at home can make a break,
- 46:31like really. Yeah. And it's, you know, and also dealing with you too, because as a
- 46:36dealing with me, because I wake up with these ideas and I probably had in my mind, 20 billion
- 46:42dollar ideas, I just was like, this is going to be great. And, you know, and it's some, and it's
- 46:49hard to because it's like, you need that sounding board. And sometimes my wife and, and interestingly,
- 46:55my wife and my best friend are the same person and his wife very, very low on, but we're all like
- 47:02best friends. But I hear these two kind of, you know, skeptical people, but the sounding board
- 47:08is so good because, you know, sometimes it's very annoying because I just want people to say, you
- 47:13know, but like this is a great idea. But they'll ask all the follow-up questions, okay, well,
- 47:18what are you going to do here? And what are you going to do here? And I'm like, okay. And then
- 47:22that's how you kind of come up with the idea. So, you know, it's super important. And I love it.
- 47:27And again, you got the support as well. So the support is huge. Talk to me about, because you've
- 47:32done it very, very well, that the psychology of starting over, because I think a lot of people
- 47:38get trapped by their own success. So you've made so many dramatic career pivots. Like you, again,
- 47:43I guess this is living dangerously, right? Or in air quotes, but lawyer, sports management sort of
- 47:52full entrepreneur building something that's really never really been done before. A lot of people
- 47:58get trapped in their own success. And I think they get comfortable whether or not it's Golden
- 48:01Handcuffs or they've built success once and they don't feel like they have the confidence to
- 48:08build it again. And I think that that's incorrect. I think that it's important to feel like you can
- 48:17lose everything and start from scratch. I think that's a very important mindset to have,
- 48:20because it just makes you very effective human being. But where did that come from? Where did
- 48:27the ability to do this come from? Like where did the ability to leave, you know, probably pretty
- 48:34high paying like lawyer job and go out on your own? Where did the confidence come from?
- 48:42What gave, was it the people around you? Was it you just taking the chance on yourself? Was it,
- 48:47you know, listening to too many podcasts? Like how do people, no, it's so important to be able
- 48:53to do this, but not many people can? I think that's a key key part of being an entrepreneur.
- 49:00I think it kind of came to me first really when, you know, I was very regimented. I always wanted
- 49:07to be played baseball and then, you know, professionally and I, you know, train well and then I heard
- 49:12myself and it was really depressing because I'm like, wow, you kind of do everything the right way
- 49:18and it didn't go your way. And then, you know, I kind of, you know, pivoted really, you know,
- 49:25just kind of like straggled onto there and did very well in the law. You know, I was at a,
- 49:32you know, beautiful, like really big kind of Wall Street firm. And I was just like, wow,
- 49:39I, you start to believe in yourself. And I was like, I went from here to here. And I,
- 49:45you know, believed that I've been successful in each of these roles. And I was like,
- 49:50then I started climbing up the ladder, but the other really important part is I wasn't happy
- 49:55in kind of my own. I always, you know, and again, I think, I think the short answer is really
- 50:01just believing in yourself. And I think you have to believe in yourself. I've actually gotten
- 50:06even better at doing that because everyone's a little insecure. That's just life. The way I prove
- 50:11my insecurity is I say, I'm going to, I'm going to do this. I'm going to do this. And I keep trying
- 50:16to do something. And that helps me get confident in myself because I'm like, well, I accomplish this.
- 50:24So when I was at the law firm, you know, and again, you're right, very successful there. You know,
- 50:28I, I enjoyed everything that was there, learned a lot. It's been pivotal to learn all the things
- 50:33were there. But I often said, and, you know, maybe it's a little bit of just, I worked with the
- 50:39clients. And I was like, wow, they make, I want to be them. I really want to be them. They,
- 50:45you know, we, like they pay us. They are doing what I want to do. And I think I'm creative enough
- 50:52to do that. So I really have to kind of think about that. And then, you know, so, you know, the
- 51:00confidence of taking and being being dangerous, you know, testing yourself happiness. But then I
- 51:08think the other thing is I just said, hey, what is the worst thing that happened?
- 51:14If you fail, it's a powerful question. Yeah, it's a very powerful question. If you fail, and it
- 51:19doesn't happen, I mean, I've still built up all these strong attributes. It's fine. It doesn't
- 51:25define me because this didn't work. So, you know, and I think that kind of go back to the first
- 51:30statement, you know, you do have to live a little dangerous. You know, I say if people are very
- 51:35again, and I'm not people, you know, people are calculating. My wife is calculated. So it works,
- 51:40it works for her. But, you know, and she says, I could never do what you can do. I do think you have
- 51:45to be, you have to be okay with saying, I'm going to try this. And I'm going to give it 100%
- 51:53and believe in yourself. And if it's fails, that's okay. You know, just try, try something else.
- 51:58That's what you want to do. And that was such an important lesson to me because I was just like,
- 52:04I tell people, I'm almost, you know, I'm probably more nervous now because things are going so well
- 52:12that I want to make sure that I still think methodically about everything. It's actually easier for
- 52:17me when I think, oh, this could fail because I'm going to put 100% in there. And if it fails, I know
- 52:25I gave 100%. And that's for me, all I need. If I know I put 100% in everything I did,
- 52:33and it still didn't work, then I'd get in everything. And I'm okay with that. I'm okay with that
- 52:38result. And I think you have to be okay with that result. When you start over, I don't believe that
- 52:46you really start from scratch. I think that you take experiences and you take sort of the lessons
- 52:52and you mentioned before, like the attributes from all the previous stuff you've built and you apply
- 52:56them to the new thing. Do you feel, do you agree with that? Do you feel like sort of you've sort of
- 53:02stacked skills across every single time you've restarted so that by the time you get to break
- 53:09house, it's actually, yes, starting over but not really starting over. And the reason why I ask
- 53:15that is because maybe the answer in the answer on how to be a successful entrepreneur is to start
- 53:22multiple things, be okay with failing as quick as possible, but then retaining the skill sets so
- 53:28that eventually when you start the thing that is meant to happen, you have so many compounded
- 53:32skill sets from all these different things of your life. Even if the actual project was a failure,
- 53:36the skill set isn't, is a learning and a lesson that you can use to, you know, go from zero to a
- 53:42million or zero to 10 million or zero to 100 million in a fraction of the time. I completely
- 53:46agree with that. And I think that that is something I didn't realize until probably we were a public
- 53:53company and I really started trusting myself even more. That's seven years into it. So from going
- 54:01back to playing sports, I learned about teams. Everyone has a say, you're working together. It's not,
- 54:07you know, I'm the CEO of the company, but getting the insight and really listening to the opinions
- 54:14of my team and my management and my board of directors, that's important. And I learned that
- 54:20very early on. You know, at first I, you know, I was kind of focused very linear, but then I kind of
- 54:25said, oh, these are all the attributes I picked up and those attributes have stayed me forever.
- 54:29When I was a lawyer, really the analytical thinking and I focused on like securities and corporate
- 54:36governance. And I realized I was running a business that way, which, you know, in essence kind of
- 54:41made it a little bit easier to go public. It's not easy, but it made it. I have no doubt it's not
- 54:47easy. But so I don't, I don't want to ever use that, you know, but it made it a little bit easier
- 54:52because I realized I was keeping minutes. I was doing, you know, I was trying to make sure that
- 54:57everything was proper from our accounting because I didn't want to have any issues or anything later.
- 55:02So then we got to that process and get audits and all that kind of stuff. Things were reasonably
- 55:08organized, you know, that people were like, oh, this is, this is not hard. Most startup companies
- 55:13don't even have notes, you know, everything is terrible. And then from my startups, you know,
- 55:18again, I probably focused more on the dangerous part in the happiness. But what I realized from my
- 55:25first one, which was being a sports, you know, sports agency, I was, I was successfully built,
- 55:32as a first time I successfully built a community amongst people and then connected them to a revenue
- 55:40model that was very genuine. And I was like, wow, that was, and it was also rewarding. It was fun.
- 55:46My second entrepreneurial business was a soccer team. I had a good friend from law school and
- 55:53he said, hey, can you, can you, uh, you know, be interested in buying the soccer team? It was,
- 55:58wasn't super expensive. It was a small soccer team. And they were part of a league that wanted to
- 56:03bring like minor league baseball to minor league soccer, excuse me, to, um, to the United States.
- 56:09And I remember the first thing I did is I said, in order for this team to be successful,
- 56:16we need to get the actual community behind it. So it was in New Jersey. We went to a local
- 56:22neighborhood called Ironbound, which is a predominantly Portuguese and, and um, Brazilian neighborhood.
- 56:28We recruited people only from there. And we had every single one in that community.
- 56:36Every day, remember I said, build the community. You'll get the, you'll get the audience. Everyone
- 56:42wanted to support people that were there. These were kids from their community. And it was super
- 56:46successful. We became the prize soccer team. But it, you know, I don't know a lot about soccer.
- 56:53But I took exactly the same way that we built everything else. And I was like, wow,
- 57:00this is really good. And then when I came to Bragghouse,
- 57:04what it was, I really just say, hey, I believe I have really good ideas. And I'm going to
- 57:11try my best to build those ideas in a very methodical way as I possibly can
- 57:16because I believe in that I've made the right decisions and doing these things. Not perfect.
- 57:21I made tons of mistakes along the way, but, but doing all those things kind of gives you a sense of
- 57:26confidence. So you, you just, you can't be scared to fail. You have to just say, if I, again,
- 57:32goes back to my fail, I gave everything possible. So, you know, exactly what you said is right.
- 57:38Every step of success or work ethic or whatever has led me into exactly what I do right now.
- 57:45And I think that's a big, big part of being successful. The HubSpot Podcast Network is a
- 57:51success story partner. Now a quick podcast recommendation. I've been listening to truth,
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- 58:04do at work. So if you have a business, if you manage people, if you have to hire people at any
- 58:08point, you have to listen to their show. I just listened to an episode on my good employee suddenly
- 58:12quit. That's an issue that we all have. And it totally clicked for me. One of the reasons I explained
- 58:17is why it's not usually about the money. It's about all these little promises that we as founders,
- 58:22entrepreneurs, managers, leaders, we break without realizing it. Like when you tell someone you
- 58:26just hired, they're going to learn all these new skills, but you just keep giving them the same tasks
- 58:30over and over and over again. It made me realize that I've probably lost a lot of good people
- 58:34for dumb reasons that I never noticed. And hiring is one of the most important things you can figure
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- 1:00:39register to get your ticket today. When you reinvent yourself repeatedly,
- 1:00:44I think it's a good thing. I think that people have to do it. I think that anybody who's been
- 1:00:49successful has gone through multiple sort of reinventions of who they are. But it affects everything,
- 1:00:54right? It affects your business, your finances, your relationship, all of it. So for somebody who's
- 1:00:59listening to this, who is thinking, okay, I'm motivated. I actually do want to reinvent myself,
- 1:01:04take the first step, stop or at least gradually exit what I'm doing and maybe try to do something
- 1:01:10else or maybe they're going to be dramatic about and just quit what they're doing. Not that I
- 1:01:14think that's a smart idea, but you never know how people interpret these ideas. So regardless,
- 1:01:19a lot of people listen to this show at some point will reinvent themselves in some degree. What is your
- 1:01:24words of wisdom to them? What do they have to? What are the things that happen when you stop one
- 1:01:29thing that's successful and start a new thing? Psychological, with relationships, with your friends,
- 1:01:35with your time, with your energy, with your money? What are the things that they just have to be
- 1:01:38aware of so that they make that transition a little bit easier? I think so for me, I'm a very
- 1:01:46that's again, the dangerous quote, I'm a very, I just have to do it. Jump into there and I have to do
- 1:01:51it. So I think you have to, so probably people listen is they have that passion and you need that
- 1:01:56passion. If you don't have that passion, I don't recommend it. But if you have that passion,
- 1:02:01go for that passion. And then I think you just, you need to do two things. You need to believe in
- 1:02:06yourself, which is, which is crucial. And you need to be okay with failing. How I do that? And again,
- 1:02:13I had help from it is I set out these things that my wife has told me to do that. I'm like, okay,
- 1:02:20I'm going to go until I can't go anymore. And that's I've always been. But then you can set these
- 1:02:26things. And there's almost like checkpoints because if you if you, if you mentally try to do it,
- 1:02:31at least in my experience, you won't do it. So if you're like, I have one foot in the law firm,
- 1:02:36one foot out here, you're 50, 50 in both spots, you can't really go as fast as you need to. And that's
- 1:02:42hard. So you have to, I believe step out of that and say, I'm going to go there. But I guess the,
- 1:02:48you know, which I never had the security blanket. So I probably shouldn't say that. You just do it.
- 1:02:53But I guess the security blanket that you kind of that I've at least, you know, set that was
- 1:02:58helpful. And I remember we first started. I said, Hey, I'm taking my own money. I'm going to do
- 1:03:02this. I believe in this. I'm going to go forward for the first year, like burn the burn the
- 1:03:07boats like fully. That's what you did. Just fully. But then I said, okay, I'm going to go ahead and
- 1:03:12do that. But what I'm going to do. And my wife told me that she was like, if you don't secure
- 1:03:18funding or an investment by X amount of time, I think we'll give us over a year. That's fine.
- 1:03:24Don't quit your business. But at least kind of re-analyze. Look at the things. Do the accounting
- 1:03:28over again. So I think that was a helpful thing to me. Because again, I'll be very honest with you.
- 1:03:34I will just go. And I'll be like, Oh, that didn't work. And I'll just keep on doing something else.
- 1:03:40But that was a helpful thing. And then a funny story of it was we, uh, my wife told me to do that.
- 1:03:47And I said, Okay, you know, I'm going to do that. I'm going to set it because you know,
- 1:03:50have a family now. And you know, I'm going to do that. So, you know, I'm going to be smart.
- 1:03:54So I said, I think it was like this, uh, December and December. It's like right before Christmas.
- 1:04:01Then again, investment. And we were doing really well when viral. Everything was doing great.
- 1:04:06But we didn't have any investment. And I said, Okay, well, you know, we reached the 24th. That's what it is.
- 1:04:12January 2nd venture capitalist was like, love this idea. Let us be your first people to invest.
- 1:04:19And this is going to be big. And I was like, Okay.
- 1:04:25But it helped me because I also don't. So, you know, the advice I would say is like, you
- 1:04:30know, you can't, you have to be 100% into it. And then if you, you know, need something to protect
- 1:04:36yourself, set yourself some type of reasonable goal that doesn't mean you stop. But that reasonable
- 1:04:41goal is just kind of a check-in point, you know, and say, Hey, you know, do I need to rebalance
- 1:04:45it? Do I need to change something about this though? So that was something I never had.
- 1:04:50But it was been very beneficial to me because it gives me these kind of milestones to say, Okay,
- 1:04:56love out your building is a huge thing. Where are you in your scale of doing it?
- 1:05:00I love that idea. I like that. Like, I love the idea of like seasons in your life. And,
- 1:05:06and and seasons, the way that I've sort of interpreted it always was just like
- 1:05:11this business is for a season, this career is for a season, do it for five years,
- 1:05:15ten years. But you set these checkpoints much earlier on. So at least you can say like,
- 1:05:20am I directionally moving, am I moving in the right direction, right? Am I, am I sort of
- 1:05:26progressing? And I think that like, especially when you live, quote unquote, dangerously,
- 1:05:30you live a certain way. I think it's important to do that because like I see people that
- 1:05:36I see people don't check in on themselves. And I think that they end up just doing something
- 1:05:42that doesn't work for too long when if they just took like a second and and like gave themselves
- 1:05:50like a little bit of like a like a check in point, like you're you're mentioning, you don't have
- 1:05:55to kill it, but maybe realize that like the pitch isn't good or the customer you're selling to,
- 1:06:01it's not really aligned and they're not really like buying what you're selling or like there's
- 1:06:05a million different things you can iterate on and improve and change. So it doesn't mean kill it,
- 1:06:09but this means like just check, just like just check for a sec. You're exactly right. I mean,
- 1:06:14I, I, again, we had this, you know, amazing model that I worked, but there was even like you said,
- 1:06:19the pitch, you know, we worked on the pitch, you know, I had to understand what the tam was. I had
- 1:06:24to understand all these concepts that I didn't really, really know wasn't it wasn't a bad idea,
- 1:06:31just had to kind of refine kind of what you were doing. Sometimes it's like the same idea,
- 1:06:36like said differently exactly to the customer, to the market, whatever. Exactly. And that was it.
- 1:06:41And it's like, you know, you had this great, you know, you had this great business and your 100%
- 1:06:46right messaging is so important. And one of the things that, you know, again, I feel like you
- 1:06:53cons, as long as you're going in this direction, that's good. Even if there's a couple of drops
- 1:06:58here and there. And one of the things that, you know, we had to do is I said, okay, well,
- 1:07:02what is the audience you're speaking to? Because then you have to change it a little bit, you know,
- 1:07:05it's the same business. But an investor, their first question is how we're making money. You know,
- 1:07:12so they're excited about the people and the users and hard to reach, but how you're making money.
- 1:07:17And be able to convey that and still keep an authentic authenticity. You know, that took some time.
- 1:07:23I took some time to kind of understand that is. So I think that's I'm glad you brought that point up
- 1:07:28because I think that's an awesome point too. You have to be okay to criticize yourself and change.
- 1:07:35That's, that's a huge thing because you're right. You can keep going down the same rabbit hole
- 1:07:40saying this has to work. And it won't. So I think honesty is a really big thing. And that's,
- 1:07:48that's a hard thing for people. But if you can master that and saying it's okay, I think you're
- 1:07:53fine. I think that's an excellent, excellent, excellent point because you can live in your own
- 1:07:58head. You know, you can be the, you know, it's, again, it's, it's, it's success. You can live in your
- 1:08:04own head for success, which I think we said and say, look, I did this. I did this. And I'm great.
- 1:08:08But you could also live in your head of not being successful, but just focused on one idea and
- 1:08:13thinking this was going to be. So it's like, I think the best leaders and I, and I hope I exhibit
- 1:08:18that is being able to take constructive criticism, listen, one advice I would give any entrepreneur.
- 1:08:26And this is something that I did a lot. I just sat down and talked to other CEOs. I literally
- 1:08:32set up calls with them. I found them. I went to different events and I just talked to them.
- 1:08:38You know, we were in a accelerator one time and I just sat down and just had conversations
- 1:08:43with people. And I did that because I was like, I just want to know what makes you think.
- 1:08:50I want to know what you do. And that was probably one of the most helpful things. And it's funny
- 1:08:56when you don't want anything from anybody, they have all the advice in the world. Because I wasn't
- 1:09:00asking for them to invest in me. I wasn't, I just wanted to talk to them. And they had so much to say.
- 1:09:06And it was the, and I, it probably was if I can kind of point to, you know, a few things that
- 1:09:13really helped me was sitting down and just talking to people. And when I did that, I was like,
- 1:09:18okay, yeah, you know, the way I'm thinking about this is right. Because I wasn't in my head.
- 1:09:23I was having other people that were either successful or just starting out like me. And I was
- 1:09:27seeing how they think. And I was like, okay. And I was, and it gave me things to leverage and
- 1:09:32balance. And, you know, if they wanted to give me constructive criticism, I was like, please,
- 1:09:38because I want to make sure that I'm doing everything possible the right way.
- 1:09:42I love this. I think that I've experienced the same thing when you're not asking for anything.
- 1:09:46People are so willing to give advice. That's why it's so, it's sometimes frustrating, but
- 1:09:52ultimately it helps. But I think that there is zero excuse. There is really zero excuse if you,
- 1:10:00if you are struggling with something or if you, if you aren't sure how to move the needle in your
- 1:10:04business, your life, it's really because you haven't sought, like you haven't sought out help.
- 1:10:09And you haven't really looked for it because there has never been a moment. Like you want to,
- 1:10:14forget, forget now, you know, well, you know, like you have like a people follow you online or
- 1:10:19people know your business. So obviously they're going to say yes to a meeting. No, I'm talking about
- 1:10:24like when I'm like 20 years old, like zero, zero impact on this world. Nothing, nothing,
- 1:10:31nothing tied to my name and people will still sit down for coffee and still give you the same
- 1:10:36great advice and really just pour themselves in their experience into you. You just have to ask.
- 1:10:43Yeah. You just have to ask. That's what you have to do. That's right. One of our first advisors
- 1:10:47was that he was a lawyer, but he was like more of an entrepreneur, a chair of like, you know,
- 1:10:52this big entrepreneur group and a law firm didn't know him at all. You know, so I'm going to
- 1:10:56tell me and I just reached out to him and say, I'm an entrepreneur, I'm also a lawyer and I remember,
- 1:11:02like it was first call. He was kind of like, you know, what do you want? Like in this and stuff.
- 1:11:06And after that, I was like, and I, so I immediately said I was like, I want nothing except just kind
- 1:11:11of your advice. He was like, oh my god, let's, let's schedule like an hour. He's, he want to meet,
- 1:11:15you want to do that. It's crazy. You know, he eventually came on as an advisor, but I just
- 1:11:23wanted to pick his brain. I was like, you've seen a million startups and you see what failed in them.
- 1:11:29And I'm trying not to make that same mistakes. I'm pretty sure that they're very common mistakes.
- 1:11:33You know, I just want to talk. You know, I would love to take out the lunch. It's exactly what you
- 1:11:39said. People, I was nobody. I was nobody on the map. I was no one, no one heard of broadcast,
- 1:11:45but people love to give advice if you just have to ask. I would, I would also say that now,
- 1:11:51you know, fortunate, or I'm out of position in my career, or people ask me for some advice
- 1:11:57every once in a while. And the one thing that I value, just maybe this will be useful for people
- 1:12:06who are listening, but the one thing I value is when people ask for advice and they actually
- 1:12:10implement it because I find implementation is so rare. Like I, I, I mean, I talk about my podcast a
- 1:12:16lot and how many people have asked me how to start a podcast. Like I'm sure at this point, like 50 or 60.
- 1:12:21And I know the ones that have actually done it because the people, I've given people like my SOPs,
- 1:12:26I've given people my list of equipment. I've connected people who have been past guests,
- 1:12:31so they can be like first guests on their shows. Like four people have started a podcast out of
- 1:12:37like the 60 people that I've emailed, like my podcast, like full systems to. And like the four people
- 1:12:45that started it, like those are four shows that actually like rank on Apple, like pretty highly. So
- 1:12:52it's, it's just a matter of like if you're going to take somebody's time at the end of the day,
- 1:12:56I guess if you don't want to execute on it, fine, it's, it's not really hurting anybody. But like
- 1:13:01just if you take someone's time, you don't understand how much it means to them if you take their
- 1:13:07advice and execute on it. And if it doesn't work, they're okay with that too because we'll work
- 1:13:11through that. But don't take advice and waste that information. I think that that is another
- 1:13:18reason why, and I never really understood that because for me, when I get advice that hits,
- 1:13:22I'm like, bro, I'm doing it like before we get off the call. Like if you tell me that there's
- 1:13:26something that works in whatever it is I'm trying to do, like I'm I'm literally doing it while we're
- 1:13:31on the call. But maybe that's maybe that's just a personality trait. I don't know, but that to me is
- 1:13:37like I love it. I get so much happiness when I tell somebody to like this is work for me,
- 1:13:42then I see them do it. And then they're like killing it. I'm like, yes, like that's fucking awesome.
- 1:13:47Exactly. Exactly. I don't know. Try and execute more too. It's not just collecting wisdom.
- 1:13:54It's like actually doing something with it. No, it's true. And that's another big component
- 1:13:58about is actually doing it. Like I, I mean, literally this was yesterday. Yesterday,
- 1:14:04they asked me to be on a, it was like FinTech or some like segment in the New York stock exchange.
- 1:14:08And I was sitting down and I was, you know, talking to the guy and kind of explaining,
- 1:14:12you know, the platform. And after he just started telling me all these things, he was like,
- 1:14:18this is brilliant. He was like, you should do this. You should do this. You should do this.
- 1:14:23And at no point did I say, I know everything. I literally sat there for a next
- 1:14:30week, half an hour, listened to him. Some of his ideas I thought were absolutely brilliant.
- 1:14:35Some we thought about, but some were absolutely brilliant. Even just the, the, you know, like,
- 1:14:41he came up with this slogan, which I'll happy. He said it's called Ready Player Bragg. And I was
- 1:14:46like, I like that. I was like, I like that a lot. I was like, I love that. And again,
- 1:14:53but being able to listen to that, that's really a mindset that you have to do. And then you have
- 1:14:59to, and you said it, then you have to say, okay, I'm gonna execute this. It's like, I love listening
- 1:15:03to people. It just, and then, you know, and if you come to me, I love giving advice for people.
- 1:15:09But I, I'm not scared to ask for that. And that's probably been one of the most helpful
- 1:15:13things there is not knowing it all. Was there any moments that were more difficult where you
- 1:15:21just sort of asked your, you sat with yourself, you asked yourself, like, what the hell am I doing?
- 1:15:26I'm sure there was, but there's always those moments. There's been many in my life, so I'm sure
- 1:15:31there was. But when you hit those moments, for somebody that's going through that moment themselves,
- 1:15:38how do you push through? We had two really big moments like that. First one was, so the first one,
- 1:15:47I think it was like, you know, building our business, things are going well. And then I think the
- 1:15:54economy crashed again. I think it was like the Ukraine war. All these things started happening.
- 1:16:00And it was, you know, probably a pretty low point because things kind of were stopping,
- 1:16:05they were slowing down. And I just remember kind of like, you know, sitting there and saying, wow,
- 1:16:12you know, this is hard. But I, you know, again, I always asked myself, I was like, hey,
- 1:16:19but if it wasn't hard, you know, you know, then everyone would do it. It'd just be like, you
- 1:16:24know, I was sitting. So I kept telling myself that, but it was, it was a lot to kind of force
- 1:16:29myself to say, hey, you know, keep on pushing. Things are slow right now. But you have a good
- 1:16:34business. You have all these things. And it was hard. It was really, really hard. And what I've
- 1:16:41done, the trick that I do is that I slow down. I put one foot in front of the other and I slowly
- 1:16:52accomplish everything on my list that I need to do. And that's the only way that I can get through
- 1:16:59because if I think, oh, well, this and this and I think too far and I get worried, then I'm like,
- 1:17:05you know, you, you cite yourself out. So I'm like, all right, well, what do I have to do? I have to
- 1:17:10do this. I have to do this. I've do this. I have to do this. And I did that. And I just kept doing
- 1:17:15and I said, well, you know, you still need to make a business plan. You need to do this. You need to
- 1:17:19do this. And I did that. And I think it was four months of doing that. And then I think we got
- 1:17:26approached by, well, I think at that point, we're also pitching and talking to people and stuff.
- 1:17:33And, you know, just going, and I was editing my pitch doing this again, but it was one methodical
- 1:17:39step after another. And one of our pitch, it was very successful. I think we raised like two million
- 1:17:44dollars. And, you know, obviously that changed everything at that point, but those four months before
- 1:17:49that. I had to really just say, okay, let me just go slow. Let me go slow. Let me just make sure
- 1:17:58we're doing it. The second time that happened was actually the IPO. And nothing goes right.
- 1:18:04Everything goes wrong. They're, you know, auditors, they're things there. And I just remember
- 1:18:11slowing down and just say, okay, these are the steps we need to go to IPO. Period.
- 1:18:19I'm just going to do one. Finish that. Go to the next one. Finish that. Go to the next one.
- 1:18:24So in my mind, I didn't even, it was, it was a very linear way of thinking. And when I got to like,
- 1:18:30you know, maybe almost the last three steps and I was closer to it, then I could think a little bit
- 1:18:36with more emotion and kind of thing. But before that, I just said, you got to one foot for
- 1:18:42the other. And it was the, it's, it's what has always worked for me when things get really,
- 1:18:46really complicated. Just take away the emotion. That's hard. Take away the emotion and just put
- 1:18:54one foot in front of the other. Before, before we wrap up, I just want people to understand
- 1:19:00a little bit more about how they can participate in the Brighauss universe and where they can go
- 1:19:06to sort of see what you're working on and just immerse themselves. So where would you want people
- 1:19:12to connect with you and just go and explore more? I think the website, we have a pretty awesome
- 1:19:18platform, creating account, go to www.brighauss.com, create account, jump in there, you know, play,
- 1:19:25join other communities. You know, we have everything from the public side to the gaming side,
- 1:19:31to the community side on there. But I would just say just, just jump on there. Just jump on there,
- 1:19:35you know, start a, start a, you know, start an account. And you know, I think you'll see how
- 1:19:42much fun it is. And again, we are really just, you know, with all the success, we're still really,
- 1:19:47really just starting, you know, in December, we're going to be doing 12 SEC schools that are going
- 1:19:52to be participating, you know, after that, we're going to be moving on and getting, you know, Midwest
- 1:19:57schools, California schools. So, you know, more things would be there. But again, it's the community
- 1:20:03that makes the platform. So, you know, I would say just start an account, jump on there and,
- 1:20:09you know, I think people will be really pleased. If you could, if you could go back and tell your
- 1:20:1520 year old self one bit of advice after all of these entrepreneurial journeys that you've been on,
- 1:20:22what would that piece of advice be and why? That's a good one because it's kind of hard because
- 1:20:27a lot of these things kind of shaped what you were doing. But that could be an answer too. I've
- 1:20:32actually heard that before. That's a very, I think that's actually very wise, but I'll let you go
- 1:20:36with it. But yeah, I mean, it, well, I just, it's, I, a lot of the things I learn is because of,
- 1:20:41because of all the mistakes and successes and stuff I have, I think if I had to tell myself one
- 1:20:48thing, it would probably just be believing yourself and don't quit. That's what I think I would
- 1:20:56just probably want to tell myself because, you know, and I never quit, you know, but I, for more
- 1:21:01of myself, it was kind of proving that I can do something. So it was almost saying, I'm going to do
- 1:21:07this and not know if it's going to be successful, but I want to prove it to myself. And, you know,
- 1:21:12having that confidence, I, I now, again, I listen to everyone. I want to be, I want to make sure
- 1:21:18always stay very humble and accept advice. But believing in yourself early on and saying, I can do
- 1:21:26this and having that confidence to do it will alleviate a lot of the other stuff. Now I feel
- 1:21:30comfortable in saying, Hey, I can make this decision here. And I feel like it 80% to 90% that's the
- 1:21:37right decision. If you've only passed on one lesson to your kids, and that was the most important
- 1:21:43lesson that you've learned outside of betting on yourself, I think that's a very important one. But
- 1:21:48what would be the one thing that you'd want, like your kid to learn that they can take through
- 1:21:52their life? I think the other thing is to have a good circle around you. I think that that's
- 1:21:59really important because I believe I've always had these attributes. But every step of my way,
- 1:22:07I had people who believed in me, people who, you know, gave good advice and people who were actually
- 1:22:14trustworthy. So I would say that the people you hang out with, whether you're friends, whether
- 1:22:20your colleagues, you know, I would say make sure that those are the people that you feel comfortable
- 1:22:25around that they add value to your life because, you know, I get all the credit. I mean, I get all
- 1:22:32the blame to everything goes wrong, but I get all the credit. But, you know, if it wasn't for my
- 1:22:38co-founder, you know, if it wasn't for my wife, if it wasn't for mentors, you know, I clerked for
- 1:22:45a federal district judge who was the hardest person on me in the entire world at the law firm.
- 1:22:51I had several mentors who pushed me harder than anyone else pushed me before. So it's like,
- 1:22:58you know, those were people, you know, that were like, you know, even best friends. And then I had
- 1:23:02a lot of negative people around me too. You know, I'm a very slow both ways. You've got to be careful.
- 1:23:06Yeah. I'm a very social person. And I had people who, you know, probably shouldn't have been there.
- 1:23:12So now I have a lot smaller circle. And but the people that are around me, they know they can tell me,
- 1:23:20I don't agree with this. And they can tell me, but this is the way I would do it. And I have absolute
- 1:23:27trust in them that they have the best interest for me and for the company. So I would tell my
- 1:23:35daughter that I would say, you know, that's a really, really important part. In addition, you
- 1:23:40believing in yourself, you have to have a really, really strong circle of people who also believe
- 1:23:46in you, and I'm going to push you up.