Limiting Beliefs, COVID, And What's Going To Happen Next

Live Community Coffee session led by Ryan Daniel Moran (Capitalism.com) covering personal development (reframing “limiting beliefs”), community member spotlights, the upcoming book 12 Months to 1 Million (launch May 5), plans for a Capitalism.com brand lab and investment fund, and economic/real-estate discussion about COVID-era shifts. The session mixes motivational coaching, community Q&A, operational updates (book tour, fund, product launches), and macroeconomic opinions from guests.
Questions this video answers
May 5 (announcement in the live session)
Chapters
Sam.
There we go.
I give you my freedom for your money.
I ain't trading my dreams for no. 4, okay?
I give him this fire.
So don't say I'm getting cold.
I say.
Everybody I know everybody I know.
It's a blessing.
It.
And faith that I'm all right I'm ready now I'm not waiting for the afterlife.
I let it burn where sunlight burns my skin the way I feel inside the way the day begins I'm ready now I'm not waiting for the other side I'm ready now I'm ready now Now.
I still believe we can live forever you and I we begin forever now Forever now forever I still believe in us together.
Now Forever now.
Soon.
Every day.
Sa.
You.
Radio.
My skin.
Keep passing me by.
Can you hear the drowning?
Let the revolution come in A scary king who likes the crown.
There's a revolution coming.
There's a revolution coming.
I'm rising up up from the ground.
From the bottom can't hold me down, hold me down I'm rising up.
The.
Revolution.
Let the revolution foreign.
What's up, 1 percenters? Good morning. Hey. We're gonna kick things off officially in 1 minute, 15 seconds. In the meantime, if you're watching live, give me a hello in the comments. And if you are watching inside the group, please make sure that you are signed into streamyard or giving them permission so you can see who it is. Let's see what's up. Amanda Alpine, you are here as usual. Good to see you. What's up, Josh? Hey, Greg Johnson. What's up? Brad Smith. Hello. Chris van loan, the second CVL2.
What's up, Brad Smith? If I didn't say hello already. Good morning, everybody. Hey, we got 30 seconds until the simultaneous sip. Grab your cup, your mug, your glass, your chalice, your stein, your tankard, your thermos, your vessel of any kind.
Because it's about to go down cvl. Do you have your vessel of any kind? Show me that thermos. Oh, he's got one. He's got one. Ladies and germs, we got 10 seconds of the simultaneous sit. Here we go.
Be ready, Tom Sullivan. We got it. In three, two, one, go.
Oh, that is good. Simultaneous.
Hey, good morning, everybody. Let's do this thing, shall we? Welcome to the 1%. Welcome to Community Coffee. Just a reminder, this is all about y'.
All.
So if you have something to share, if you've got a big win of the week, if you have an ask of the community, if you have something going on where you want Support where you need, support where you want, feedback from the community. If you just want to wrap some Q and A, if you've got a question for the rest of the group, a place where you need help. If you've got a product or a service that you want to bring to the attention of the rest of the community, if you want any of those, this is the time to do that. This is a place for you to make your asks. This is a place for you to ask your questions. This is a place for you to contribute to everybody else here inside the 1% here@capitalism.com if you just want to say hello, if you're a new member of the community and you want to say, hey, here's what you do, hit hashtag, go live in the comments. Chris Van Loan, the man, the myth, the legend, also known as C money here@capitalism.com. we'll see that you'd like to come out here and we will put you in the waiting room and we will just go in order. So we, we were fairly full last week, so we limit this to no more than no more than 10 people going live. So start to get in line. This is time you can always back out. So if you think you might want to come live, it's time to get line. So just hit hashtag, go live in the comments and CDL the second will take care of you. Hello Summit. Good to see you. Welcome. You're a new member. Hey Leah. Cups. Good to see you, man. We had fun with you last week. That was awesome. We've been talking about how much fun that chat chat was with you and your husband all week. Hey Herb, good to see you. All right, so I want to dive into something first. First of all, I'm just gonna go ahead and make my ask right away. So 10 days from today, 10 days from today, this sexy little book is going to be start to ship to your home. This beautiful, sexy.
Shiny, perfectly sized book is going to start shipping into homes across the country and around the world. Ladies and gentlemen, my first book, 12 Months to 1 Million goes live May 5th. And I, I want to share with you my big win from the week. I recorded a podcast with a friend of friendofcapitalism.com JP Sears. This was Friday and JP and I were chatting before we recorded the podcast and I said to jp, I said, you know, I set out to write a classic and I think I did it. I think I wrote a book that is going to be relevant and will sell for the next five to 10 years. And JP said, you know, it's funny you should say that.
He said, I have a house guest. House guest that flew in, was visiting me before quarantine and is now stuck with me. He said, this house guest has been with me for six weeks. The other day he came downstairs and he was on the bookshelf. He was looking for a new book to read and he saw your book on the bookshelf and he pulled it off amidst all the other books. He pulled that one off and he started reading through it. A few days later he came down and he said, jp, I don't know who this is, but this book is already a classic for me. That was my big win of the week. Then that evening I got a voice message from a friend of mine named Josh Bazzoni. He's been on stage at our events at the Capitalism conference. Josh Bazzoni runs a 100 million dollar a year company. He said, ryan, I was sent me a voice message, said, ryan, I'm a little bit angry at you. Was wanting to wind down at the end of the night, started leafing through the book. Thought it'll just be basic business stuff, not anything all that interesting to me. I'll just leave through it, see what Ryan's up to before I go to sleep. He said, I cannot put it down. I'm going to finish it in one sitting. I may be up all night. You wrote a hell of a book. Good job. That made my day. Then Brooke Castillo reached out to me and said, ryan, you wrote a hell of a book. I just want you all to know your part. You're on the early cusp of a community that is going to go to leaps and bounds over the next few years. Because my whole secret player to all of this is for millions of people around the country and around the world to read this book. Join us here inside the 1% build a 7 figure business. Then my investment fund is going to pick the best ones and we're going to invest in those businesses and we're going to feature them here inside of the 1%, ship them out into your boxes that you get on about a quarterly basis, feature them on the pot on the podcast, give them new life, light that fire and have a community of seven figure entrepreneurs who is doing, who are doing amazing things. That's the secret plan behind all of this, ladies and gentlemen.
By the way, did anybody listen to the podcasts this past week about quarantine or the podcasts about.
About what? Like the mindset behind all this? We have. We also have a Podcast, a two part podcast series coming up next week with Brooke Castillo and man, is it good.
It.
Man is it good. It is. It is. It was maybe the most impactful ser like, most impactful podcast episode on my own life. It is really, really good. That goes live next week. All right, today I want to chat with you about something. You know, sometimes we talk about economics or the stock market or what's going to happen in the economy moving forward. And I do want to touch on that today. However, before we go into that, I want to talk about a conversation that I had with JP Sears a few days ago where we were talking about the idea and the concept of limiting beliefs. Now you might, if you are, if you are in the personal development world at all, you have heard about this idea, like we're all familiar with this term, limiting beliefs. And I would like to submit to you a different way to have this conversation, a different way of looking at what we call limiting beliefs. I.
After going down kind of the personal development rabbit hole, you inevitably encounter people who subscribe to this idea that you have and should identify your limiting beliefs, root them out, pull them out so that you don't have that limiting belief holding you back anymore. Well, I would like to submit to you a different way of looking at this. I would like to submit to you that there are no limiting beliefs that you have to go in, uproot, pull out and replace. I wanted just for you to play with this idea that limiting beliefs do not need to be uprooted. Here's why. First of all, the process or the concept of going in and identifying your limiting beliefs and fixing them or changing them puts you down a rabbit hole of always looking for the limitation that is in your brain, always looking for the thing that is holding you back. Buying into the idea that there is some belief that is holding you back that you must get rid of. And it puts you on a quest of looking for your limitations rather than pursuing what it is that you want. Here's how I want you to look at it instead. How do we arrive at our beliefs in the first place? What is the cause of our beliefs? Our beliefs are just thought patterns that we practice. And sometimes thought patterns get triggered or locked. For example, some people will have a traumatic event or they will have something that works really well for them and they will solidify a belief that is really just thought patterns practiced over and over and over and over and over and over again. They get reinforced. We look for evidence that re re.
Reintroduces the thought or reinforces the thought. So we are. We are this machine of thought that is running a program, running an algorithm of all these thoughts and the ones that get triggered or the ones that run most efficiently our, our beliefs, but they always get there because there were beneficial at one time. None of us believe things that intentionally harm us at the time, even the idea. And I would submit to you that because all beliefs served us at one point at, at one point, all beliefs served us that there's always a positive to what we might consider a negative belief or a limiting belief. Some of you might be familiar with the podcast episode that I did called you are Enough, where I very vulnerably admitted that I realize now that for many years of my life I was running a pattern of not enough and must do something in order to become enough or to be enough or to convince myself that I am enough. And I would submit to you that even the idea of not feeling like you are enough starts as a positive belief. It's the belief that you can do more. It's a belief that you have more potential, that you have more capacity. Running that pattern all of the time can be empowering or it can be disempowering as an empowering belief. It's. There's always more to grow. I always have more in me. I always am increasing my capacity. I am always growing. There's always more for me to explore. There was always more for me to expand into. There is always more for me to enjoy. That's the empowering side of it. The disempowering side of that is there will never be enough. I will never be complete. I will never figure it out. There will always be a gap. There will always be more. That's the disempowering side of it. It's the same belief. That same belief simply has two sides. And there is the empowering side of it and the disempowering side of it. Now, if we take the empowering belief, there is also a disempowering side of it. For example, the thought, the empowering belief, I am capable of having a hundred million dollar business. Some people will see it will use that as empowering or use that view that as an empowering belief. And I will say, well, if that's an empowering belief, what about a billion dollars? What about $10 billion? It can be empowering or disempowering, depending on the lens that we look at it through. If we look at it like there is infinite capacity, I'm capable of this. Or if you look at it as a grind or reflection of us not being there. Yet the same belief can be interpreted as empowering or disempowering. So I tell you this because all of us have thought patterns and beliefs that we are constantly running. Always, always, always, always, always, always. It's what makes up our personality, the beliefs that we are practicing, because those are the grooves that thoughts are running through all the time. And there is a positive and a negative side to all of those beliefs. Rather than try to fix, identify, or adjust the beliefs in your brain, a simpler, gentler, easier, faster process may be to look for the positive side of the beliefs you already have and to simply focus them on what it is that you want to experience. If you want to make more money, you can simply identify the fact that you want to make more money and look for the positive side of all of your beliefs that line up with the the money that you want to make or the more money that is coming or the more money that is possible or the more opportunities that are coming your way. You don't need to fix anything about yourself. You don't need to fix any beliefs that you've got. You don't need to go in and uproot anything that you believe about yourself, about the world. There is simply a positive and a negative side of empowering or a disempowering side to all beliefs. And you can decide which ones, which program you run at any time.
So if you want to come live, if you want to talk about what you got going on, if you want to talk about a question that you've got for the capitalism community, hit hashtag, go live. We'll see it and we will. We'll bring you out live. I saw, saw several people. I would, I would love to have Jason Franciosa come on and, and share some stuff with this going on. I would also love to hear. Have any of you pre ordered this guy right here. Have any of you pre ordered 12 months to 1 million. And if you haven't, tell me why. Tell me why you haven't tell me the objections that you had to not buying the book. Because I want to overcome those objections moving forward.
All right.
Hey, CVL2, we good to head over to the community?
All right, Valentin, I'm coming to you. Welcome back. Get ready. Oh no, my friend. Oh boy. What's going on, man? Doing well. How are you?
Good.
Got my morning here going on. Didn't get a chance to to do it all.
You got your quarantine morning hair.
Hold up, let me Turn you up. I'm sorry.
What's up, dude?
Nothing much, man.
How are you doing? We already did this. This is the time where you say what's on your mind.
Yeah, I didn't want to take too much time. Didn't have a bunch of questions, but more so wanted to kind of just update and say, like, I am like, last week to this week, the biggest life change that I've had ever in the shortest amount of time. Like, literally just from the cult. That's literally all I wanted to come on and say. Like, Greg and Brand brought me on the hot seat and just completely tore apart, like, what I thought I wanted. And I was able to talk to like three or four different people in the community about, like, caring about their stories and getting excited about their brands. Like, literally from the most minor part of like getting invested in the 1%, that was like, hugely life changing.
Just, just.
That's like, cannot begin to say thank you enough.
This is amazing. Now what. Now what was so impactful and life changing about it?
I think that. And this has been like a big thing because part of the reason is, like, I had several different people who weren't like, sucking at life. Just ask me what I really wanted. And I think that was like a big thing. Like, people who've gone through that, like, I want to do what I want to do and have that questioning. And so, like, Greg and Bram asked me that a couple of different people. Susan talked to me and kind of asked me that. And I had to like, rethink through, like, what do I actually want? And. And I think that, like, approaching things from this place of, like, I. I can provide value in the way that matters to me. And actually having to do that changed everything. Even from starting with you.
Oh, no. Valentin was on fire.
Sorry, that was me.
Even from starting with the call with you last week about just like challenging some of my, like, I mean, you could call it limiting beliefs, but even what you're saying right now was like thinking about the fact that it's less about challenging my limiting beliefs, but, like realizing the ones that I actually already have and want. Like, that started like. And even like, and this is super minor or major, whatever you want to call it, literally, like, I was thinking about the fact that I want to start doing, like, stories of brands and then that was going to be pushed down and then remembering, like, I have everything that I need right now and I need to be grateful for that to create something. And so wrote like five scripts, scheduled them out in between to be Able to move around, started creating content, started actually engaging with my audience. Just like, huge, huge, huge. Like, the specifically hearing, like, I have to get, like, focused on what matters to me was huge.
So in this last week, it sounds like you spoke with several people who just asked you the question, what do you really want? Which forced you to think about that. But you also started to see that you have some of what you want, or at least the ingredients for what it is that you want, and that you had been ignoring what was in front of you and looking at what you felt like you had to do in order to have what you wanted. So there was this always this gap. Yeah.
Right.
So you were focused on the gap for a long time. And what's happened for you in the last week or so has been that you've been able to focus on what's in front of you that is going to bring you closer to what you want.
Yeah.
Is that an accurate summary?
Yeah, yeah, yeah. And I love that because, like, and super briefly, Greg and Bram asked me like, do I really want to start a coffee brand or do I want to, like, actually just make a movie? And I was like. And they were like, you get to choose one. Which one are you going to do? And I was like, I want to make the movie. And they're like, so why aren't you making the movie? I'm like, because I'm 21 and I need to, like, get money and build a brand and have connections. And they're like, but why are you pursuing the thing to get the thing instead of the actual thing that you want?
Yes.
That was so big for me because, I mean, I've spent the past two years thinking I need to build the right physical product brand as a stepping stone. And then he said something that was huge for me. It was like, if you focus on becoming like the thing that you actually want to be, the financial part, like, just gets into the mix and like, it just start. It just connects after you focus. And that just started getting my brain working in so many ways to so many areas where I was like talking to brand people this week, like, focusing on my favorite thing. And they'd be like, yeah, you should charge money for that, like X amount. And I was like, oh, my gosh, that's what I've been looking for. And it was like just A to A to Z change, dude.
Well, congratulations. Yeah, that's that. First of all, clarity feels so good. Yeah. You know that in between wobble of like, I'm not sure what to do. Always feels crappy. It's the worst feeling because you're not sure where to put your energy. So even the fact that you have clarity is amazing because it feels good. But most importantly, what that does is it allows you to move forward in a place that's going to be way faster than you expected. And yet.
You have no. That just makes me kind of what's going to happen over the next year for you. So congratulations.
Yeah, that's. I'm excited too, man. It's got me really pumped.
Good, good. Well, thank you for sharing with us. Anything you need from the community moving forward.
I think just continuing, like, I'm really trying to schedule out every week telling a new company story or like every other week so I can fit some, some pishpot stuff into it. So again, anybody who's willing to do that, one of these days I'm going to be making the Wolf of Wall street of you. So that's down the road, but there, other than that, it's just continuing to get to know other people in the community and find ways I can serve it.
Amazing. Well, congratulations, dude. I'm so glad you shared.
Yeah, thank you, man.
All right. Thanks, dude.
Hey, cbl. I see that the. A very mysterious person was added to the waiting room. So do we, do we take this person live or is. Or is this. Is this for support? Yes. All right, here we go. Can't break the second. Can't break one of the primary rules of capitalism.com here.
Inez, is that you?
Inez?
Yes, it's me. Give me a second. I need to.
There we go. There we go.
I didn't know I was going live. I just did what Chris told me.
Inez, I mean, we can't see you.
I know. I'm trying. I don't. It's my first time. I'm sorry.
First time caller.
So.
So. So you are the mysterious person behind a lot that happens@capitalism.com.
Allegedly.
No, no, objectively, observationally, what's. What's going on behind the scenes that the 1% community might not know about.
A lot.
Wow.
Like, there's so many things going on. I feel like just in our. Our call we had with the team on Friday, I rattled off, like, five different things we're working on that they didn't even know about yet.
But what did I come in the pipeline?
Like, what. What did you rattle off?
The brand stuff? I mean, most of them knew about it, but I was more getting deeper into it, the fund, because that's getting really hot right now. And we're just starting. And we were. And I was talking to our good friend Sam and about the people we're talking about investing into, which was awesome because he had some great conversations last week with brands that are just killing it and we want to help.
Wow. You put me on.
So let's drop some bombs over here. Let's talk about the fund for a second.
So just in case y' all don't know, we just finalized kind of the foundation of the capitalism.com fund. We gave kind of our presentation to investors this week, which was really fun for me because.
It was probably the most fun I've ever had pitching something, because it was. Half of my presentation was like, you probably. You probably shouldn't do this. Here are the legal risks. Here are the economic risks here. And so we just got all the BS out of the way and it was really, really fun to talk about the overall opportunity of funding brands. And the whole, the whole, the whole thought here is there are those of you who are in the community who have seven figure businesses. There's this whole pipeline of businesses that are going to come out of me writing this book and us growing the podcast@capitalism.com and so we're now taking. We're buying equity stakes in these companies, partnering with investors who provide the capital, we provide the advice, we bring in the relationships, we bring in the network, we bring in the strategy to take that business from seven figures to more figures. And we all participate in that as a community. And we're just, we're just super pumped about it. So what, what was your conversation with Sam about?
Well, am I allowed to say with, with one of the companies that we're working with?
I mean, be vague, but sure.
Well, no, that. Just how excited they are and like, what is going to happen by us helping them, like, the next steps. Like, we were kind of talking about where the growth is going to happen and how they're just like going nuts, over the moon about, like, ready to, like, jump at the bits and just get to it already. And I'm like, me too. Because this is going and I want some of it. Like, I'm like, for selfish reasons, I was like, I want to try this stuff. But yeah, no, it's just. I mean, it's hard to talk about, like, being so loosey goosey. But one of the other bigger things we were talking about that the team didn't really realize, which actually goes to a point that you were mentioning, is once the travel ban is over, the book tour that I was like, Talking to them about. I'm going to start like trying to organizing that now so that once we're allowed to be free, I can just send you off to places and you can just kind of go and meet people and go to different cities and talk about the book and you know, the difference it's going to make and just like all like. I'm super excited for that and so is I think the, the guy behind the scenes who's also on this call, very excited to start, you know, going everywhere to kind of just meet our community. Honestly, that's like the best part of it. You're going to be meeting people that don't know, that haven't met. You are going to have the opportunity to like, you know, walk into Barnes and Nobles, be like, oh, this guy, holy shit. Driving around.
Well, hopefully Barnes and Noble makes it through all of it. We hope so anyway, so, so if, if you're watching and you want to be a part of one of the kind of live events that we want to do to promote the book, we're going to be doing hopefully a book, an in person book tour when, when the dust settles and we can all get together again. So we're looking forward to, to meeting all of you in person.
Tell.
Why don't you give a sneak peek of what we're doing on the brand side of things?
What are we working on making? I don't understand.
What do you mean?
Well, you're starting to say that there's the, there's the brand, the brand stuff.
Yeah, well, you're the brand guy, right?
Publicly at all.
Well, since you're the brand guy and you're, you taught us how to create brands, we figured why don't we have one as a company? So we as a company are creating capitalism brands and are going to start having products that represent things we really stand behind. So it's all like, it's cool because it's not just like, oh, we're just getting together and doing stuff. It's stuff we're passionate about. Passionate about as a team. So it's like our pet project, literally and figuratively about what we're going to start making. And I don't want to say what yet because that's. I don't want to announce that yet.
I don't want to be that girl.
Yeah, I mean we're basically building the infrastructure to be able to build physical product brands and launch them within capitalism dot com. We're gonna, we're gonna start by launching the products that we want just the products that excite us. And, and, and you. You might have heard me say in the past, like, I think the best way to. To come up with your business or product idea is just to launch the product that you're jizz or jazzered up about. And so we're gonna be doing that within capitalism dot com. They're building the infrastructure as like a lab of. That would be fun. Let's. Let's make that product happen and see Money will make a video about it and I'll talk about it on the podcast and Teresa will work with the manufacturers and Inez will oversee the operations. And so we'll basically have a little. A little lab to launch these. These products and these in these mini businesses. And in time, we'll see how it goes. But part of my secret vision is to be able to partner with somebody who has a really cool idea or has an audience, and for us to have that infrastructure to say, cool, you've got a great idea. You've got an audience. We'll handle the infrastructure behind it and be able to launch new brands and businesses to our audience with those cool ideas, taking a lot of the stress out of that and call it capitalism brands. So we're going to start with some stuff that we're excited about, and then we'll see how it goes from there.
Well, and one thing to note too, that you somewhat didn't you mentioned, but not really is everyone on the team is slightly required to read this, but only because, you know, you're Ryan Moran. But honestly, after I read it, I realized, holy shit, I could do this. You know what I mean? Even without working with you, you know what I mean? Like, I was like, this is really what you created here is the gateway to tell people how to be free. And I was like, I literally, when I was so excited last Sunday, I finished it, which is why I missed the call last Sunday. And I was like, holy shit. I was like, this is so. It was so easy to get through and to understand, yeah, I can do this. Like, I don't need to have just Ryan Moran as my boss who's gonna help, because I honestly don't want to go to you. I kind of want to do it without you knowing because I could, because this is all I needed to. To do it. And I love you, but I mean, I still, like, I kind of want, like, I want you there, but it's like, hey, we can do this. Like, we can do this as a group. We don't. We want you to do other things.
Too.
So I was like, this was. It's a great fucking book.
Sorry.
See?
Money. If. If I just. If I wrote a book that makes Inez leave us and go out on her own, I'm gonna be really, really unhappy.
No, I'm not leaving. I'm not to going. Going anywhere. I just mean I like to have disposable income, and I want to be able to invest, and I want to be. I want to be more a part of all the things we do, too, like, you know, with the fund and all that. Like, I want to be giving you my money, too, because I want to help.
Like, I want a beach house, and I want all these extra random things that I, you know, because I know I can do it now, like, easily. And I'm not young, so it's, like, nice to wake that up in me because, like, I never looked at myself, like, I could do this on my own, but I kind of woke up to spark. Like, wait a minute. What am I waiting for? Like, I. In a year from now, I hope this is a different conversation where my background is a beach, like, or something. I don't know.
It's a great book. So y' all haven't bought it. Get it? Because it's worth it tenfold.
When we first met and you started working@Capitalism.com, you told me that one of your dreams was to have a dog rescue. Ever since then, I've had the thought of, like, how do we have something that funds Inez's dog rescue? I've wanted to do that since we started. And so being being involved in brands allows us to come up with a pet brand that we can now use to fund the pet rescue that Inez gets to run and. And. And stuff like that. And so I'm. I'm really excited to go in this direction with. With you and the rest of the team as well.
Well, yeah. No.
Well, thank you for the kind words, my friend.
Of course. Of course.
How is quarantine treating you, by the way?
No different.
I'm an introvert, so I'm okay with this stuff. Who already, like, was working from home. So to me, I'm like, I don't understand what's the problem. But different. Like, I always. You know, I mean, the big. The hardest thing is working out. Like, we've kind of talked about it. Like, I can't get heavy lifts in, so that's upsetting. But I started running. I hate running, and now I don't hate it nearly as much, so I minimally get out and do two miles, and I call it, and I'm like, okay. I feel good, you know, so. And then I just keep doing other things. So it's not bad.
Good.
Well, I'm kind of over quarantine, so you want to work out at the lake house, you just let me know or just go there and don't tell me.
Yeah, I kind of know how to get in.
Yeah.
You know how to get there?
Yeah.
All right, Inez, thank you. It's good to see you.
Thanks, guys.
Inez's. Inez really runs the show.
Hey, Greg Johnson. Myra, Brad Bram, cdl.
Amanda, Tiffany, Jason. Introduce yourself to the community. If you just want to. Like, I would recommend that you say, hey, this is me. Here's my business. Here's what I specialize on. And yes, Greg, you can do it next week if you would prefer. I would suggest that you take the opportunity to do that because you people see you in the. In the community, but they don't necessarily know you. And so if you are new here, if you have never really been active in the community, it would be a good idea to just come on and introduce yourself. If this is your first week, it was your first call. If you are starting something new, I would suggest that you do that. Question, did Ryan Newson invite us to a lake house party? I mean, if you work with me, you know the code. There's. There's a party just about. Just about all the time. I had this thought. I had this thought this week where.
You know, that I went through a period where I didn't see another human for two weeks, Right? Except for my kids and, you know, my neighbors from across the street.
And I sitting here going, wait a minute. I haven't seen a person in two weeks. You haven't seen a person in two weeks. I'm pretty sure we're all clear. I'm pretty sure we're both clean. I think we can hang out. We might be even able to hug, because I'm pretty sure we're both clear. If we've both been quarantined for two weeks. So that's interesting. I predict. I predict that moving forward, the way that we are going to function is that there's going to be. You're going to have, like, it's going to be 1950s again. You're going to have families that you spend time with that you. You basically only spend time with these five families or these 10 families, and you're going to have an inner circle, and we all know that each other are Clear and clean and tested, and.
You'Re gonna have a more intimate group of friends rather than having, you know, little shallow friendships.
That. That you don't go into any depth on. I think that's. I think that is how it's gonna look moving forward. All right, cvl. I'll take you off the bench. What's up, dude? How's quarantine?
Okay. I had to unmute myself there. I should know this video stuff. I'm doing all right. I was just thinking, you know, while there's.
There's.
I wanted to discuss the book launch, but I also had one quick ask of the group if you've seen the Adama video we just put out yesterday. If you see this on YouTube, on Instagram, on Facebook, just. Just share it to your Facebook page or at least check it out. I saw Rebecca Turner shared it and rewatching it. It was just such a really special piece to put together because, you know, I know a lot of entrepreneurs get lonely building brands, get kind of isolated, especially right now. And so much of it was about the community.
And this was back in February, and I was. I was really missed seeing everyone's faces and that kind of special connection we had with the tribe.
Yeah. What was it. What was it like for you to be in person and then go back and edit it and present it for the rest of the world to see?
I mean, it was. I mean, you know, because of the quarantine, it was like looking back another time when we were all able to hug each other and shake hands, be face to face.
But it just felt like we're up to something really, really special. You know, I saw someone said, like, Ryan is really putting his money where his mouth is, you know, so to speak. And really.
It'S funny, this whole million dollar brand scholarship was just an idea at a certain point, you know, and this was something we had discussed. Oh, man. I feel like it was like six or nine months ago, and now it's real.
Yep.
And we had over 30. 30 contestants enter that scholarship.
Yep. Yep. And.
It'S. It's. It's just. It's kind of beyond words to think about this conception of an idea to really changing people's lives.
Yeah. And. And I think about what the ripple effects are from a. Like a year from now on those winners and what it will mean for them and their lives and most. And. And how their stories are going to impact the next group and the next group and the next group and the next group. So, like, that video of Adama is, you Know, people are posting and it made them cry. But beyond that, it's gonna inspire someone else to start a business who will inspire next person, and so that those ripple effects are gonna happen for years.
Yeah, I guess, like, what really moved me about it was just this idea that if you start to believe in yourself, you'll. Whether you're in the 1% or not, you'll start to build a community around yourself. And it's like, anything is possible.
Once. I know it's kind of crazy if you just talk publicly about what you're up to. And this is so much of what you talk about in.
Hold on, where's my Ryan Moran book?
I'll hold it up while you're looking for it.
Well, it's just this idea that, you know, people always think that you need. You need a thousand people. You need a million people. You need 300,000 Instagram followers. And it's like, you know.
I was discussing this with my girlfriend who painstakingly puts a lot of work into her blogs and then doesn't market them very well, and I kind of had to call her out, and I was like, do you really want people to click the link? Because there's no confidence in how you are communicating the shit. You know, I gave her some tough love and said, if you don't believe in yourself, why should anybody else?
That's right.
Yeah.
Right.
So.
But anyway, yeah, if you do believe in yourself, people will have your back.
And it's just so cool.
Yeah, that's. That's great. That's. That's great. I. I'm really. I'm really excited about what we're up to, man. So thank you for sharing that excitement.
One quick thing I wanted to discuss was you mentioned, you know, some of the vision you'd had for promoting the book. Didn't go as planned because we had to do a lot of stuff in person. We did.
Yeah, we wanted to do it.
I wanted to do a whole tour video podcast. Like. So where's your head at on the tour? And is there anything the community can do to support us along the way?
You know, that's. I appreciate you asking.
Well, I mean, if you're watching this and you have a podcast, if you have a community, if you have a YouTube following, if you have a Facebook group, please share this with them. Please consider having me on.
Please buy a thousand copies@capitalism.com book. I just. I just announced. I think I said this on the. On the podcast that we're posting this week. I just decided to do if, if somebody buys a certain number of books, then I'll give them the option to come to Austin for a day, we'll map out their business in person, help them build a seven figure business and I'll even consider investing in it, which is like the most no brainer offer I could think of. Like if you, if you help spread the word out the book, I'll help you build a million dollar business which is, I mean that was the most slam dunk offer I think I've ever come up with. And I did it. Middle of thought stream on the podcast. So that's another way that's over@capitalism.com book or you can just pre order it over on Amazon. So any of those help. I'm very confident that if someone reads it, they'll tell two people about it. So my goal right now is just to get it in as many hands as possible so that the viral coefficient starts to build. I'm very confident that that is going to happen.
Yeah.
If people want to come down to Austin, we'll soak everything in Lysol. I'll put a microphone on you, but disinfect it we have.
We'll even bring needles so we can all inject Clorox and Lysol.
Oh man, don't get me started. Did you see Brad Pitt on snl?
No, I didn't. Yeah, check, check that out after this.
Okay.
All right. My friend, could you make sure we bring Myra on? I saw her post that. She wants to come live. Well, it's good to see you my friend. See you. Bye.
Later.
Oh, we lost. Summit. Oh, summit. I was just about to bring you live. Where did you go, my friend? I was just about to, to bring you on, introduce you. I know you were. I know this was your first week inside the 1%, but you're a longtime follower and he's back. All right, here we go. What's that? Sumit?
Is it.
Sumit? Yes.
Samit, it's great to meet you. Welcome to the 1%.
Thank you so much. Ryan, it's been three, four years. I have been following you and the content. I am a personal trainer in the gym and I used to hear all the podcast while going to the gym and everywhere and.
Basically I have gathered all my courage to come live here and, and again, the main intention of this is just to say thank you. Because.
Of you I have, I could, you know, start my own business, my own brand. I registered it in India and which is doing good in fitness. The name is called as Iron Warrior and Which is doing good. We started a manufacturing also few items. And it was all because of, you know, I did uh. I used to hear all the. A podcast and everywhere and two, three things. I always used to hear name as Ryan. Ryan, you know, Ryan Moran and everywhere. Then I had to search one day that who is ran more and then I started and it suddenly clicked me that you know, who are you and kind of thing. And I had to really fight to understand what you say.
Because you know, English is not our first language.
Yeah.
So.
So it will be very funny to tell you that many of your podcasts you used to say that I want to buy Indians, I want to buy Indians. And I used to get very confused. This is very funny. And then few of the part things you said that you know, Cleveland Indians used to say. And then I had to one day search and then finally came to know that it's a sports team.
Sure.
So.
What did you think I was saying? Like what did you think that I was talking about?
Because I couldn't understand. I see someone is saying that I want to buy this because your community, most of them know what is it. Yeah, and I, I was quite, you know, this is quite new for me and, and that was very, quite confusing. But I used to, you know, this is. Skip that part because there are many things I don't know.
That's amazing. That's great. Well, thank you for sharing that. That's hilarious.
You know, suggestion Ryan, if you can see. I was just wondering that you know, you have community in usa, that is fine. But.
You can think about, you know, franchising the, your model and you know, for all the countries and your content can be transferred in the local languages and the way you have tribe in your lake house and everywhere, you know the person franchise owner can have that tribe meetings in all the country like Japan, Germany, India or Asia or every country. Because you know, the thinking matters. What you know, everywhere here they sell product and what you say think behind the product, who is buying it and think about the person behind it. So this thinking.
So, so what. What is it that you're suggesting?
Yeah, I'm suggesting that you, you can start franchising this, your.
This business and start teaching the person and he will teach, you know, the local community there in every country.
Yeah, so. So I, I totally get it. And, and that has, has. I. I've never intentionally done that, but I've had a lot of my content translated into other languages which got me some speaking gigs in other countries. I. I just can't Sit down and have the thought to actually build that model. But I love the thought of people translating into their native language and watching it go and, and I hope that happens. It's just not something I'm going to try and force to happen.
Yeah. So Samina, I just want, I want to clarify. So you've got, you started your business in India, you have your brand up and live. It's. It's called I am warrior and it's doing well in India, is that correct?
Right, right.
That's fantastic. How long did it take you to start to see success?
Oh, actually I started about not importing but you know, China is our neighboring country but you know, I thought of manufacturing the products here. So I had this first product called as leg stretcher. It's very famous product, you know, three leg stretcher. It is stretching for adapters and.
It'S very famous in dot com also. And then before that I did a small course in India, local course of building Amazon brand. And they had this shoebox test. I don't know that, you know, you have to get a product which is fit in shoebox. So you know, they were telling me that this doesn't fit because stretcher was this big, you know, like three, four feet. And I had this confusion that, you know, whether to go with this shoebox test and follow that or.
Follow your path with saying is it solving the problem, is it solving some pain? And then that question, I got the answer.
That's amazing. That's great. Well, congratulations on your success to meet. I just wanted to publicly thank you. You're always so active on my social media posts.
Thank you for always commenting and I do notice. So thank you for doing that.
Thank you so much. Ryan. Thank you for everything.
Glad you finally joined the group. We'll see you soon.
Yes. Yes, sir.
All right, see you, bud. All right.
You know the.
The youngest member of the 1% is, is in the waiting room. Gonna give us some anti aging secrets. Is the only person I know who seems to get younger. Every single time I see him it's like how are you? How are you doing this Benjamin Button. But before we go to him, I've been waiting to chat with. With Myra. So Myra, I'm gonna bring you live. Give me a thumbs up if you are ready. All right, cool. Hey, Myra, welcome.
Hi.
Hey.
I'm so excited to be here. Oh my God.
Yeah. I'm glad to finally see your face. And something more than a Facebook post, right?
Yeah. I wore my entrepreneur shirt for you.
That's awesome. Well, Done.
Oh, my God.
I'm so excited to be here and I wanted to thank you for bringing me on. And I want to thank Bram and Greg for an amazing hotspot. See too.
Yes.
Tell me about was really amazing. And whoever is thinking about it and hasn't reached out to Greg. I was gonna say Greg. So maybe that could be a thing. Graham and Greg. So reach out to Greg and I'm gonna make it a thing. And it was amazing. So much clarity. I mean, they made me go back to my real why of why I even started this question. Whole journey. And it was something that I haven't even talked about any too many people. So it was pretty really good.
Yeah.
What did you discover after chatting with. With Bre?
So I discovered that my true passion is to. To. To teach fitness and dance classes. That's what I've always wanted to do. I've tried a couple of times, but didn't think that that would be something that could be profitable or that I could be good enough to do. So that's what my end goal is. And the other thing they made me realize was that, you know, just because that's my end goal doesn't mean that I shouldn't work on all the other projects that I have, like, along the way. Like, I can do it all pretty much.
Yeah. Yeah.
And you.
You can. I think a big mistake that people make is, is they hold off on the thing that they want to do because they don't think that it's going to be profitable. And so they put a bunch of things in between where I am and what I really want. And I'm going to do these things so that I can fund the thing that I really want to do. But if you just focus on the thing that you want to do, the funding happens. Whether it's you being excited so much that an investor shows up, or it is that customers rally behind what it is that you are doing. It funds the thing that really matters in the world. And if it matters to you, it probably matters to some other people too. So if you want to go in the direction of the. Of the fitness and dance classes, please don't put that off. Please make that the priority. And I think you'll be surprised at how quickly it takes off.
Yeah, definitely. I mean, it's already started to happen. Like, I already partner up with a dancer friend that she's gonna help me condition my body to be able to provide these classes.
Good. Good. I'm really glad to hear that.
Yeah.
Is there anything you want to share with the rest of the group.
I. Well, I mainly came in here, I got to be honest, to give kudos to Greg to brag.
Because I really want more people to join that, and I want people to join the. The podcast that they're starting, the Loveline for business. I feel like it's really, really important that we gain that clarity and that perspective from other people. You know, that's really, like, eye opener.
Yeah.
Yeah, agreed. And they have my full endorsement, so I'm glad you participated in that. Myra, do you. Have you started the business yet? Or is that. Is it still in process?
It's still in process. The main thing I'm focusing right now, which we talked about in the. And they'll call too, was about my book, that healthy Rican book. That's something that I want to launch sooner. I was supposed to launch it yesterday.
So, you know, they. They helped me kind of just see how I can just do it right now. It doesn't have to be perfect. It doesn't have to be edited and all this other stuff. I just need to do it right now. So. So I'm in the process of launching that. And then I also started doing a bit more research into launching the seasonings that go with the book.
Good, good. I'm glad to hear that.
Yeah.
Good. Well, I'm excited for you. Keep us posted on your progress.
Yeah, I'm excited, too. Thank you.
All right, thanks, Myra.
Bye.
All right, I'm gonna head over to friend of the show, Mr. Jason Hartman. Jason, what's up, dude?
Hey, Ryan. I need a haircut.
Where are you going? You and me both, my friend.
What?
You and me both?
Yeah. Everybody needs. There's going to be a huge boom in, like, haircutting.
Mobile haircuts. That's not an app. Somebody needs to make one.
Absolutely. Hey, but look what I got, man. I got this awesome box. Okay. And in this box was this totally cool thing. Personalized. Totally impressed with that.
And then show the video. What do I say?
But there's the sexy book.
That is a sexy.
Yeah.
So what do you say? I don't know. I don't remember. Here, let me pull it out.
Hold on. We're making a video about a video. Well, I thought about sending you a copy of my book, 12 months to 1 million, and the extra suitcase that you.
Like I said, I decided to put it in a video of myself. My first book releases on that one. I'm tired of hearing myself talk.
Right. I gotta tell you something, man. You are so good at maintaining Relationships and just growing relationships. Seriously, the next book you write should be the sequel to Dale Carnegie's famous book, how to Win Friends and Influencers. Dude, I gotta hand it to you. I mean, you're really. You're just a superstar at that.
Thanks, Jason, I appreciate that. I mean, I. I've always been secretly afraid that you hated me because I don't message you on voxer.
Well, I do hate you for that, but you know, you can't have everything, right?
Well, thank you for the kind words, Jason. Jason, how is it that you get younger every year?
I don't get younger every year.
I'm really.
The longer that I. The longer that I know you, you have more energy, you seem to get happier, you seem to like your life gets better and better and you have like this. And that's the first. The social media perception of you.
Seriously, Facebook is not real life, okay? So just know that I understand.
Believe me, I understand. Jason, since you are.
You know, you have some background in economics and you're obviously a kind of a celebrated investor, what is your take on what's going on and what's going to happen?
Well, funny you should ask on the marketing side, by the way, you know, since that's what you're. You're on the business side. I'm super excited about this presentation I've been giving to Mastermind groups called Pandemic Investing. And I'm about to do a media buy. We haven't been on the radio in like 10 years and we're going to go back on the radio and just make this a really public thing. So I'm really excited about that from a business perspective, but from the economic perspective, I think that this is pretty dire. This is not a small event. And you know, everybody's talked about the recovery. Right. Will it be a U shaped recovery, meaning really slow, long bottom bad. Right. You know, everybody's hoping it'll be a V shaped recovery down, then back up again.
Yeah.
And some say an L shape or a check mark. Right. Where it's sort of like this slow upward trend, but it's upward. I think it's going to be. And I don't know if I can share my screen. Screen on here. I've never used this app before, but I think it's going to be a modified square root sign. Remember the square root sign?
Yes.
Modified version of that, in my opinion. Can I share a screen on here?
I'll show you if you're able to.
Sure, yeah. Here, I'll. This is a first attempt at this. Okay. On stream yard. I have not done that on this. Oh, I gotta.
Okay. I just, I had to remember what it was and then.
Yes, I gotta go like fix preferences and all that crap. So.
Okay, we don't worry about it. But, but like tell us, tell us what you wanted to show us.
So a square root sign, you know, it goes like this. Now this might be reversed for. I don't know how it's coming out, but you know, it's like this goes down like in a V. Then it comes up higher than it was before and then a flat line. Right?
Yeah.
I think this square root sign will be, you know, we were going along, then we went down. Okay, then we will go up. But I don't think we'll go up as high as we were. I think it'll be a lower. I think the economy is going to get so smaller. I think there's been a huge shift in the mentality of people toward a simpler life. You millennials. I'm a Gen Xer. Okay. I'm not a millennial. Since you're talking about age. Right. You millennials are, you know, really into like minimalism and things like that. And I think that trend is going to increase in size. I think a lot of us during these quarantines, although it's really bad for some, personally, I've been enjoying it, but I do understand it's really bad for some people. So I don't want to not acknowledge that.
But what was the question? C.
Well, I love where you're going because what I asked you was what do you think is going to happen in the economy? And as an investor in this, and basically what you're saying is that you think that the economy is going to get smaller and stay that way for some time.
Yeah, I do.
The recovery is more of like a stabilization than anything else. And that there's. There's not a. I'm of the opinion that we're not going back to normal.
There's going to be a new normal.
What we expected to happen. And that's kind. I'm hearing you say that you see the same thing.
Yeah, I definitely do. You know, this is a very rare situation because number one, it's the first self, self imposed recession or maybe depression in the world history, possibly. Okay. It's a total first. And then also it's a situation where we're going to have this rare economic malady that historically we haven't really had in any significant way since the 70s. It's called supply, demand. Shock, where first the demand collapses. Okay? And we've all seen that, of course, you know, demand has collapsed in like every sector practically, except online things like Streamyard and Zoom and Skype.
And then because all those businesses go out of business or shrink significantly, we later have supply shock. And what that leads to, at least last time historically, is stagflation, which is crappy. It's a crappy economic environment. And in that situation, we have high inflation during a time when we have high unemployment. And the term used to sort of describe that or evaluate it is called the misery index. Okay, I'm sorry I don't have better news, but I'll end on a.
Keep, please keep going because I can. I, I have this. There is some good news, I think in all of this, but there is.
Definitely some good news. First of all, one of my favorite economists is a guy named Joseph Schumpeter, and he was famous for the concept of what's called creative destruction. And you know, Ryan, you have taught a lot about disruptor businesses and that's really creative destruction, right? The same idea. And creative destruction in capitalism because it works so beautifully, it happens, but it happens slowly. But the pandemic has caused it to happen a lot faster. And a lot of great things are coming out of this, you know, like, you know, people really adopting online platforms. I mean, this is a sea change for the way mastermind groups operate. You know, the mastermind groups I'm a member of, we're all meeting on Zoom and you know, I like it. I mean, it's really convenient and I'm learning a ton of stuff and I'm right at home where I can implement stuff. You know, I don't have to go anywhere or travel anywhere. So it's there. There are some great things coming out of it as far as real estate, since I'm really a real estate investor, that's my core. I think there's going to be a massive downfall. And of course, we're already seeing it. That's no surprise in high density exposure, expensive urban areas, Louisiana, New York, obviously, downtown Seattle, downtown San Diego, you know, the Austin high rise environment. I think social distancing is going to be with us for a long time. I don't think people are going to forget this anytime soon. And I believe there's going to be this mass migration out of these high density areas into lower density suburban areas. And I'm calling for the rise of suburban. Now check this out. We've been researching this a lot for the Pandemic investing presentation. And 84% of the United States lives in what's considered to be an urban area. Okay. And there are varying degrees of that, of course, but just as an example, the US in general has a density, a population density of about 87 people per square mile. Okay. It's really low. There's a lot of land in the U.S. okay. But in, in. In what's called urban areas, the density is 284 people per square mile. I see in New York city, it's over 27,000 people per square. Okay.
Yeah.
And those are the kinds of places I think people are just going to leave en masse.
Yeah. So, I mean, basically what I'm hearing you say is, and, and Yasmeen put the question of. Of so location won't matter as much. And what I'm kind of hearing you say is that there's almost like a spillover effect that happens where you have, like the, the urban areas where there's a lot of density spills over into the other areas, which I think means opportunity.
You.
You now, you now have a. You have a higher demand on land, on space, on. And it's less on location because anything can be delivered. Anything can show up at your house in two days. The delivery industry, I think, is going to absolutely explode. The, the bring, like bring dinner to your home.
That.
That's now eating out. It's. It's no longer going into a restaurant and having this long, drawn out meal where you're paying somebody 20% to. To take your order. It's now they're bringing it to you. And that's the service that is done. And if that can be done anywhere in the world, then location doesn't matter as much. You prioritize being near the people that you love and having lots of land, building a commune together.
So, like, you want to do a compound.
That's right.
That's right. Actually, there's, there's one I'm eyeing right now, so.
I know. I saw that. That's really cool.
So. So that. That's kind of how I'm hearing you describe that. Is, Is that, Is that. Is that what you're saying?
To some extent, yes. And back in 2012, on my podcast, I started talking about. And I, I made the quote, location is less meaningful than it's ever been in human history. Okay. Or geography is less meaningful than it's ever been in human history. Now it's still meaningful. I get it. But the reason I was saying that. And we both got Teslas, Ryan, and you're still Driving them, I'm sure. And the reason I was saying that is because of the self driving car. That was the big shift.
Right.
Making.
Because the three value drivers for real estate since the beginning of time are location, location, location. Even when we lived in caves, you know, if the cave was near, you know, water, a stream, if it was near food sources. Location mattered back then. Right? And it's mattered ever since. It's been the three big drivers. Location, location, location. But now location is less meaningful and in fact, in a way it's maybe more meaningful in that people want to be away from people. Okay? And that's the big change. So I'll leave you with this idea because I'm sure you got other people you want to bring on. Okay? There are two opposing forces, okay. In this debate. Number one, I think the economy is going to suffer greatly. It already has. Obviously I don't think it's going to be a super quick recovery, sadly. But the opportunity on the other side for investors, real estate investors specifically, is that, you know, it's kind of a war, right? Well, the bad economy on one side versus the mass migration to suburban living on the other side. And that's the kind of stuff. For the last 16 years, my real estate company has been helping people buy around the country suburban properties. Okay? And I think there is going to be just millions and millions of people that flee the cities. It's no longer necessary to live in these high density environments like you pointed out. And they're going to move to suburbia.
Yeah.
So suburbia is coming back, baby.
I agree with you and I have said I don't think we're going back to normal. We're moving forward. And so where, where I might disagree slightly is the idea of that we're going to flat. I think we will flatline for probably a few years. But we're natural. Our natural tendency is to move forward into something which always creates growth. Which means that areas that have been neglected now have their own boom. Online platforms have their own boom. The minimalist travel like RVs and outdoors and like this stuff that we've been starved of as human beings, like connection and time outdoors and nature and gardening, these things are going to have a comeback.
Sorry, Jason.
Yeah, the simpler life is what you're describing. I completely agree with you. I think, you know, cooking at home is, is. I think the home is becoming the center of the universe. There's going to be a lot of interest in home improvement and making the home more comfortable place to live, better place to live. And That's a big trend. But Ryan, also, it's amazing how well capitalism works. You know, every mastermind group I'm in, yes, it is capitalism, the 1%.
That's right.
Yeah. It's amazing how well it works. Every group I'm in, the first discussion is how do we make the world better, how do we make it more efficient, how do we serve people more? And you know, just last night I, you, we see all this disruption going on and it's beautiful. It's beautiful. I got an email from my dog's veterinarian saying, download our, our veterinary telemedicine app on your phone. This is so great because now I don't have to necessarily always take the dog to the vet. I can just jump on a telemedicine. You know, why didn't we have telemedicine 10 years ago? The technology's not new. You know, doctors are now using it. They're finally using this stuff that's been latent and they're going to become so much more efficient. It's going to be very lucrative for their business because now they still charge the same 40 bucks for an exam. Okay, but now that the exam is done on the phone for them, yes, it's really fast and it's easy. They don't have to pay for a bunch of real estate. The veterinarian can now be home based, at least part of, have a smaller office, a smaller staff. They're going to become more profitable. Everybody's learning how to be more profitable and more efficient using tech. And that's a great thing. That, that's going to keep us going forward and it's going to last. That's going to be a good, positive thing.
Yeah, absolutely. And I was just thinking about like, you know, shopping centers are like our shopping centers really going to be around in a few years when you've got, I mean, what is the reason now that you need to go into a store and walk around and shop when you have an app and you don't want to be around people and you say, I want this, this and this and someone brings it to your house. So we're going to have distribution centers instead of retail centers, which means that we free up a whole lot of real estate because those office complexes just got smaller. That retail space just got small, smaller. However, Jason, what's going to happen to high rises?
High rises? You know, the two danger zones, and this is what I cover in the presentation, are elevators and mass transit. Those are the most dangerous environments to be in. If you're concerned about someone sneezing or coughing. Right. And, and, and I, you know, we, we did research on this and we found that, you know, anything that's above, 5 stories, 5 stories and above is considered mid rise, 12 stories and above is considered high rise. For apartments and condos. There are, and don't quote me on the numbers because my presentation is not in front of me, but back of the napkin math, there's about three and a half million of those units, okay. And that is a giant number of potential movers. If, if just 15% of those people move, you push a demand of like something like 20 million units into suburbia. A huge boom for suburban real estate investors. Okay? That's a big deal. Spread that around 50 markets and that's a lot of new demand when we were already in a housing shortage. And so yeah, it's a big deal. And not only that, with remote work, if you look at roommates, for example, and the latest data I have, I, we didn't dive too deeply into this yet, but this is One of the six trends I identify in the presentation is roommates. In 2012, 32% of households had people in some sort of non romantic co living relationship. Okay. Where they're basically roommates. So take this example. You have two roommates, maybe they're both professionals, right? Where they can remote work. Right? Because information workers can do that. Okay? And, and by the way, income inequality, you did an awesome show on that. And this is going to increase the inequality. And I'm not debating the political side of whether we believe it exists or not. I'm just saying the digital workers are getting ahead. That's all your audience, right? And people that have to work at some place in person, coming in contact with other people, sadly are suffering greatly. So there's got to be, but, but.
Their wages are going to go up naturally now because there's going to be, there's going to be more demand for things like delivery and all this, which means that there's going to be an increased price on low wage.
Yeah, that's true.
So I think, I think that problem just normalizes over time.
True. And those people will, you know, retool and switch jobs. But initially during that switch part period is when it hurts. Okay?
So the other trend, the roommates, let me give you that example, say you got two people living in a two bedroom place sharing it as roommates, right? And they're both digital workers or knowledge workers that can work remotely. So what do they do? One says to the other, hey Ryan, you know, I need that spare bedroom for my home office. And, and then Ryan says, jason, I agree. I need a spare bedroom for my home office. One of us has to move. So now you've literally doubled, doubled the demand for housing. Okay. Think of how significant that is. Then you take people that are not going to gyms and need an extra room for a gym.
That's right.
So I, I mean this is huge. It makes the home center of the universe. And the size of the home is going to, there's going to be a push to increase it.
I agree.
It gets a lot worse if you have a family of four, you got a couple, two kids, okay. And now the kids are learning at home. Okay. So they're homeschooling and they need more space. And you know, both parents need more space where they can work. So you literally need to expand the size of that home for more workspace. And the retail apocalypse you refer to has been going on for well over a decade. It's going to get worse, obviously a lot faster now. And same with office space. Carl Icahn, the big corporate raider we've all heard of, is shorting commercial real estate like crazy. And you know, it's, it's all about housing, housing, housing.
I, I agree with you. I think, I think you're going to have a return of connection, family and community, because we have to. And so the commute, like the, and, and the, the stage after that will be communities being somewhat self sustaining.
Yeah.
So like we are, we are going more micro and more intimate, if you will. And that's just the natural order of things. And there's going to be a short term restructuring or everything. And Jason, tell me if you agree with this. We'll get through it faster if the government stays the hell away from it.
Yes.
Keep it the way it is, let it adjust, let things move forward.
Yeah, yeah. The way the government solves problems is, okay, there's the Great Recession 10, 12 years ago. Right. There's a fire. What the government does, instead of throwing water on it, they throw gasoline by turning more fake money. And, and you know, that's obviously got a zillion problems we don't have time to discuss. But, but the, the government and the Federal Reserve always want to jump in and do their central planning, number one, to gain more control. But number two, because there's like no tolerance for pain anymore, you know, and the market will sort itself out just, you know, it's like, you know, when you're, you know, to use, when you're Just sick with a regular flu, okay? I'm not talking about coronavirus, okay? But when you're sick with a regular flu, what do you got to do? You've got to just stop in your tracks. You got to go to bed and you got to, you know, sleep, sleep, sleep, recover, recover, recover. And your body needs to strengthen. You got to take maybe some bad tasting medicine and you'll get over it. But you know what the government does in the Federal Reserve because they're both in tandem, right? Is they. They just prolong the problem and turn this, turn everything into like this zombie, weaker economy, okay? Because of their distortions and their interferences. One of the key things you need in economics is something called price discovery. And the stock market can't have price discovery because the government or the Federal Reserve is now going in there. They've already gone into the bond market, now they're going into the stock market and they're literally buying stock. It's insane. That totally misrepresents the market price. And every regular investor in the market should have the right to sue them for distorting the market and pumping up stock prices artificially. It's a total. It's a. I, I mean, it's a scam. Yes, but it, it's worse than that. It's just ridiculous.
So, you know, there's just a great question posed to you, which is how did this 18 year old guy learn so much about real estate?
How.
How is it that this young dude knows so much?
Listen, you know, you know, you're so obsessed with this youth thing, okay? Listen, all you have to do to stay young is stay fit. Don't drink coke, don't take chemicals, don't take prescription drugs if you can help it. Eat salad every day for lunch. You see my salad pictures on Facebook. They're like masterpieces.
I don't think that's.
I think the secret to your success is that you travel, get outside, and have a really great time.
Well.
Fun like that, that is your secret, is you have fun and that keeps you young.
No, I don't have enough fun. You have more fun.
I'm looking forward to when we can see each other again and have some fun.
All right, me too, Ryan.
All right, my friend, it's great to see you. Thanks for hanging out with us.
Thanks. Happy investing, everybody.
All right, team. Hey, we're gonna, we're gonna wrap for the day. If you enjoyed that chat with Jason, Jason, put some hashtags in the chat box. Jason has a phenomenal podcast called Creating wealth you should go look that up and subscribe to that because his stuff is really good.
Please, please, please go pre order 12 months to 1 million on Amazon. It's really good. It's really good. And if you read it, I'm pretty sure you're going to tell at least five people about it because it's just that good, even if you are already a millionaire. I have milk. I have millionaire friends who have said, this book is really good. And it's. I got an email from one of my millionaire friends yesterday who said, you know, Ryan, I think this is where I want to go next with my career and, and is not in that business and said, I read your book and like, I think you persuaded me that I want that to be my next, the next business. And let me tell you something. E commerce is the one bright spot in the economy right now. Online brands are the ones who are booming. Internet companies are the only bright spot on the stock market right now. All of the money is flowing into the businesses that will be built in the next era. If you thought you missed the boat.
The economy in the world just gave you the greatest gift of your life for your business and for your career. So these types of businesses are going to be in the position to benefit from this wave of change that we are experiencing right now. You didn't miss the boat. There's a new ocean and there's a whole new wave that is happening right now. And so we are now entering the second inning of the game. The Amazon boom was inning number one. The E commerce boom is now happening next. The transition of all of this demand moving to the Internet. We are now moving into phase two of the transition. So thank you to those of you who have already pre ordered it. It means the world to me. I can't wait to see the posts on social media and how it changes your life and the people who you tell about it and who your success influences. The ripple effects of this community are going to go on for generations. All right, y', all, thank you so much for hanging out with me. It's so much fun to spend this time with you on Sunday mornings. I think we might end up keeping this as a ritual if you're open to it. It's great to see you all and I will see you next week. In the meantime, we'll see you in the 1% Facebook group and we'll talk to you soon. Special thanks to Inez and C Money for helping make this possible. And we'll see you all next week. Take care, everybody.











