HOW TO MAKE A FORTUNE ON TURO & CAR RENTALS WITH MATTY J

my graduates from my school being forbes backdrop backdrop backdrop [Applause] all right guys welcome back eyl this atlanta edition marathon i'm in america we've been on a whole tour that's a fact i highly anticipate it's one of those episodes that has been building momentum for a while but nothing happens before it's supposed to happen so it's happening at the right time hey man uh ceo maddie j if you've been how is this possible yo this is this dude clubhouse champion but even before that man he's actually i didn't you know what it's like i didn't i heard about him for a while and i saw him on social media but i had never tapped in with him i never spoke to him and the first time i really started to engage with him was on clubhouse a few weeks ago and um i realized like yo he actually is a really really smart dude like actually i hit him one time off clubhouse a year bro i need to play for this like yo he's he's he's a very very smart guy man and um he does a variety of different things um but i think one he's probably known for the most is the car business yeah yeah really really really like toro on steroids like everything like that i'm saying as far as how to actually monetize the car game and how to you know have your own pretty much car rental business you know and how to make money from vehicles and things of that nature and uh it's just so many different hacks and tricks and it's it's really outrageous kind of this is what i'm uh this is one of them notepad episodes yeah yeah yeah no power sure he has 48 48 cars yes sir so last time i heard that it was a baby mike tyson oh a baby remember yeah like 50. it was the cash money early days yeah like i got fit to call man but it's it's done a little bit differently than yeah yeah absolutely so we'll talk about that but first and foremost maddie j thank you for joining us appreciate it blessings blessings blessings we're gonna give all thanks to praise of god elohim for for this situation to to come to fruition you know what i'm saying i'm ready to share my experience and create some impact you know what i'm saying let's do it man so all right before we get into the meat and potatoes of it how did you become the car king of atlanta how did how did this you're an interesting guy you used to throw parties you you got a whole lot of different background stories how did you get to this point now ah first off i have 48 cars now but it only started off with one so i think it's very important to establish that but it was it was organically because um as you guys know the two-row platform allows you to just upload the picture of your car price it and then people that's in the market looking for a rental they can they can pay whatever price you listed for to get the keys so i actually had an under utilized car my tesla model s i lived in i live in atlantic station and i barely got a chance to drive my car so every what capital one gave me my loan my loan monthly note was like 900 a month i'm paying 900 a month for a car that i'm barely driving so i had to ask myself okay um i can keep paying this 900 for no reason or i could figure out a way to turn this liability on wheels into asset making deals so my boy said yo there's a platform called relay rides so at the time it's called relay rides so shout out to jacoby for putting me on to that one so i i did my research listed my car same day it got booked for 150 relay rides yeah it's called two row now oh okay okay it's called relay rise yeah so i actually saw the example from him first because he had a car that he had on there and he would run downstairs he'll be at my spot my condo he'll run downstairs and say i got to get my keys to somebody i was like why you gotta give your keys to somebody i got a renter i'm like you got a runner you gotta run so yeah this website called relay rides and i got somebody renting my car for the day blew my mind but i never tapped into it because i never needed to use it until i keep the sabbath day on saturdays i don't work on saturday so my car i said okay i can rent my cars on saturday and allow the renters to pay my car note i ended up making two hundred and two wait two twenty six hundred dollars that month profit from renting out my car on that specific platform called touro crucial so that was that was the beginning that was the birth well yeah what yeah was that this was 2017 going to 18. when did toro become toro that's a good question i want to say i probably we could look it up probably 2013. you know what i'm saying but the actual name change yeah like the name change i got on when it was already changed i didn't know it was the same company at first okay so i looked i'm like oh this was relay rise so probably around 16 15 16 maybe okay this is like the airbnb for cars at the time exactly what it is yeah because let's let's let's just back up a little further because people might every i don't think toro's even legal in new york is it yeah i don't think he's laughing because we can't do it it's one of those things where some people still might not even know what toro is in fact um what exactly is toro yeah like king said troy you said it on a hit on nail it's the airbnb for cars put your car on there whether it's your car your homie's car your sister's car you can throw it on there and run it out to these people on this peer-to-peer platform crucial and you know crucial it's one of these things that's extremely like for me because i live in new york i'm gonna move to la everybody's trying to convince me not to move to l.a but i'ma still i'm gonna still have a place in new york just let him say it so in my brain i'm like you need a car in l.a sure i already have a car in new york so i can have a car in la have a car in new york put the cars on toro when i'm not in each place and then actually make more money i'm not even paying for the car at that point i'm actually making money from the car and now it becomes like an airbnb situation exactly but we're going to need new york to change some rules yeah the insurance yeah we're going to need them to change some rules assuming that you're running out of new jersey i know from when i heard new jersey's like 30 minutes away yeah yeah we're close yeah we're closing that's not a bad idea yes that same play it's crucial because um the producer michael brian cox yeah we just ran into him yesterday yeah shout out to him r b only shout out to alex good vibing there yeah medusa i met him through clubhouse he found out i was the the two rogue plug he reached out to him pulled up to pull up on me in my office and he said yo man when i come into to atlanta i got my spot in l.a i don't need a rental car rent out somebody else's car i can buy a car rent it out and when i'm in the city i get my car and it's paid for for itself so i said yeah that's definitely a play so we basically talked about how he can do it what car to get where to buy the car all those good stuff so he can be able to have a asset in atlanta when he's at in l.a so is it similar in in a way like an airbnb when you rent out your place like you're a host and you get ratings and all that same thing super host all-star review same exact place depending on the car so if i got a if i got a lamborghini right does that automatically put me in a different tier than somebody has a toyota camry they got the deluxe edition so if you put up a car that's usually like 90 000 and above they have like a deluxe edition and they have different insurance packages for those because they got to protect protect that asset for not just for the host but also for touro to make sure that just some random 20 year old can't just book a car for 200 a day without the proper insurance no yeah it's crazy too because also i'm learning so much from the different people that we interview and um shout out to credit dude he told us about uh lease swap yeah swap lease credit dude he's out of jersey yeah he's with dj envy but he told us about swap lease and correct me if i'm wrong that's a situation where you can actually take over somebody's lease like if somebody's down on their luck they brought up a lamborghini and it's like the recession hit yeah and they ought to work and now they got to get it off yeah you could take over some lease yeah no down payment yep no down payment and you could probably get a way better deal yep because they scrambling yup it's like a it's like a distressed seller of a property exactly same thing real estate but anything and then you can put that on toronto yep [Laughter] do you have to own the car can you lease the car or uh if you have if you have the right to have that keys to that vehicle i'm not saying go to the enterprise i'm saying that say um you own it or lease it yeah or finance whatever case may be right most people financing so i can just give an example so if my brother goes to um he's in active duty and he goes to germany or south korea to to do his active duty his car is just sitting at home doing nothing right now so i can do a deal with my brother to say yo instead of your car just sitting here doing nothing let's do a rev share deal 50 50 80 20 whatever case may be so i can manage your car for you and have it rented out so you can not only make money but your car ain't just sitting here collecting dust so those are the opportunities that come from those situations and you said depending on the age or the experience of the driver the insurance changes yeah yeah right so what's the type of premiums so yeah so turo specific that platform i'm in the car rental space so i don't just leverage this too i use get higher higher car um personal bookings like just so there's a bunch of different websites so many platforms so many fetch trucks like if you got trucks and you want to run out your trucks the little drivers who don't have their car their cars down for you can rent all that stuff trucks pick up trucks a pickup truck yeah pickup trucks uh commercial trucks box trucks yeah things of that nature um but yeah so as far as the opportunities that exist my job as somebody who's in this space is to present all the opportunities and if it fits your circumstances you have a way to make some income and turn that liability into an asset so let me ask you this you said um how to never miss or even how to never miss a car payment even again even if you lose your job yeah yeah all right i'm sure a lot of people are interested in that how yeah how to never miss a payment even if you lose a job because that's the biggest thing because a lot of people get these cars they have a fixed income yeah so if they lose their job there wasn't no there's no wiggle room especially if you live in paige to paycheck so what ends up happening is this the first thing they look at is dang i got my my uh my mortgage on my rent and my car now those are the three biggest or two biggest suspensions that they're looking at but if they're not driving a car like right right now the pandemic most people are working from home now now your car is definitely being under utilized you're not driving your car like you used to so you got a couple of options of dang do i let my loan go on default and they just rebuild my car or now can you tap into this opportunity just have your car rented out to somebody who actually is going to use their car for example during the pandemic you know what business skyrocketed groceries delivery overeats scrub hub grubhub yeah postmates all these things skyrocketed and the people who didn't have cars to tap into that hustle can now rent a car from you to be able to type in that hustle so i'm even teaching my students that look if you get a hyundai sonata go finance one your car notes about 300 a month you can find somebody on the platform called a hire car to pay you 300 a week to use your car for their business on postmates and and grab github and grab and things like that nature crucial play even if your your friend your cousin doesn't have a job you can propose to them hey if you don't have a job right now you can do delivery for for postmates they'll say well i don't have a car don't worry about that i'll rent you a car right in a situation like that and even if it's not your car you can find somebody else's car to be able to rent as long as they know in an agreement's there so you said you got 48 cars yeah yeah but i know the legendary stories you had 33 in two weeks two weeks i probably had five in my entire life yeah yeah how does this happen it was it was it was a transition process so of course i started off with one my tesla model s the numbers were amazing like i said i made 2600 profit off of one car i said okay as a hustler you know making this much money for one car i just need to double up triple up so i went from one to three my maserati i went to gravity autos in atlanta georgia i got a maserati ghibli this is a thirty thousand dollar car it was msrp 80 000. i'm thinking like yo maserati yeah i know that you're crazy dirty hot is it like that is it damaged like no the depreciation on maserati people don't know this people don't know this at all brand new this car is 80 000 yeah two years later just two years just throw 10 000 miles 17 000 miles it drops all the way down to 30 000. the depreciation on this car is crazy crazy that's a good look for me because people still perceive this car as a maserati right they're going to pay anywhere from 100 to 400 a day for this car right a day the cardinal was probably only 500 600 for maserati once i found that out i said okay that's going to be the one of the top performers so i made sure i had a maserati and i made sure i had a mercedes c300 that those two cars really did well but the issue was i end up doing a personal booking and my maserati end up getting totaled out their insurance luckily my car is protected but when i do personal bookings i make sure that they have insurance so if they do anything else it doesn't hit my insurance i don't worry about it they paid it out they paid me out but now i have a paid off car on my my my credit history paid off card from my it was a good situation right all i got to do now just get another car so that's what i did i never get in a corvette instead though got my corvette long story short everybody knows the story corvette got stolen corvette got stolen now i'm back to one but now since i bought so many cars i know the process of buying cars now dealerships and a process of showing them your credit i realized that when you go into these dealerships right people know this now that they pull your credit report and then they send your credit report to all their different lenders all of them so bank of america chase wells fargo bfa all them get the same report so i realized hold up if they're sending my report to all these different lenders all i have to do is go from ford get a car from ford so i'll tell ford finance manager or sales person please don't send my credit report to all these different lenders just send it to ford right and the ford will see how amazing my credit score is my credit report is and say oh how many cars you want two three four whatever i want because my credit's for when you're walking in the dealership you're like i'm trying to get four cars yeah that's different yeah yeah i know what time it is it's not liability no more it's an asset yeah so the more assets i can have the more income i can bring in the cash flow you bring in like a team with you because like that's me solo though so how are you getting four cards off the line yeah so i tell them i'm transferring with the sales person look i rent cars and i need this play to be done correctly when i give you this report please please because their job at then they should sell a car yeah typically they have to shotgun the terminal shotgun shotgun your credit app to all these banks because they want to make sure that you either get the right interest rate or just in case it gets denied from here you get approved over here but i was getting improved by everybody so instead of trying to have my credit report sent to everybody send it one cool get my cards i go across the street because you know there's car dealership strips go across the street do the same thing to mercedes mercedes will find running what car you want get the car i want i go to chevy get my corvette i go to maserati get my maserati i go to all these dealerships and just run the same play over and over that's how i got 33 cars so you had 33 cars in one week you financed leased them finance finance right i leveraged my credit somebody would say why would you over leverage it i had a business structure i'm really big on document processing creating structures and sops so based on the three cars i was managing i knew how to scale it right so i leveraged my credit to be able to do so i credit it was good enough to not have a down payment i didn't need a down payment so i just getting these pick up these cars right so i was just picking up these cars there's actually one car i had to put down payment but that was a little bit different situation i had to put 15 000 down on my porsche um porsche panamera but for the most part no money down on none of the cars none of these cars what kind of credit you gotta have to do that 800 i had i actually had a 723 but i had a strong 720 23 strong one right and to be honest you don't even have to have nothing it's nothing too crazy as long as you get in the car that that fits the the the criteria of what the banks will are willing to give you so just you still had to there was no money like not even closing like the type was it like that's exactly that gets rolled into the to the payment yeah to loan so how much was all your like your total payment i don't think nobody ever asked me this question 1.6 million 33 cars 32 cars i think it was a little bit more than 33 cars i ended up getting more cars a little bit later but one point six months i looked at my excel sheet 1.6 million i added it up that row i'm like a year a year no no no that's how much total no no no no oh my monthly um car notes total was like around 30 to 40 000. but the total amount money i i got loaned oh 1.6 6.6 so so your payment your payments monthly was forty thousand dollars yeah around anywhere from 30 to 40. where you housing the cars that's not bad question it's not bad yeah so what i was doing at first because when i have three cars it was cool because i had my garage i get two spaces it was straight i had my third one in another space but now i have to figure out what i'm putting all these cars ah i'll find apartments with a lot so because i'm in airbnb i have a bunch of condos so i try to leverage the conduct space tell me why they sent me and that would talk about uh mr manny you're gonna have to move all these cars we know they're yours how many airbnbs do you have i have uh eight so you try eight i have seven now so you try to park 33 cars and eight i tried no i tried to park it at one location all i wanted and like i have a picture of a building yeah yeah you know made no mistake i started out just like many of you a nine-to-five worker at this school right behind me this is where it all started for me but i learned skills over the years and i want you to learn some too i want you to learn how to become financially free i want you to set a legacy for your family i want you to build generational wealth you can do all that and more check out invest fest swipe up i had all my cars lined up so when people like the residents were driving like what the heck is going on here all these luxury cars corvettes d-wagons it was pretty crazy but i had to move it but luckily somebody called me my boy called me and said yo matt i gotta i know there's a lot by the airport right next to the um hartsville jackson atlanta airport there's a lot you can go ahead and talk to the owner and see if you can leave space by god's grace i was able to close that deal now i got my own car lot how how how much did you pay for the car lot 3200 a month that's my note 3 200 a month yeah to house 40 spaces 40 40 spaces in the back i think 10 spaces in the front i'm able to run it just like an enterprise hurt actually i'm right next to enterprise and hertz hers is right here enterprises right here and i'm over here maddie chase over there so all right so you you got 40 you got 40 dollars a month that you gotta pay but you don't have to pay your first car no hunch part yeah first thing i forgot about my brain that's what i'm thinking it gives you like take profit it's actually some course is 30 days some notes 45 days so i get to run up the bag for a whole 30 45 days before you made your first car payment how much money did you run up in that 30-day time i wanted to say i think it was nothing crazy like 20 000 22 000 okay i took some screenshots um some of them was harder to like onboard and make sure that i can start running out immediately something on the same day as soon as i got it put on touro because he still got to take pictures and all that i still got it and it was just me and my wife that time so you have to take your pictures you got to upload it i didn't feel like mentally dealing with that when you deal with these dealerships they already took all your mental energy off your your whole body right but i also teach students how to how to deal with the dealerships too to make sure they don't get finessed in these streets so is there a difference betw between buying a new car and a used car yeah definitely mainly the pricing but dealerships they really want to offset their new cars right right to maintain their relationships with these manufacturers and a little bit more profit margin when it comes to the prices so as we know people know as soon as you drive out from a new car off the lot you get hit with two thousand to four thousand dollars in depreciation everybody knows this but nobody really knows why it's because most of their money was that you're losing isn't for the value of the cars for the marketing they have to recoup their costs on these dealerships market and brand and sell and pay their commissions to the sales people that money has nothing to do with their car so soon as you drive off the lot that's already the hitch you got to take because they got to get their profit margin off of that so people don't know that it has nothing to do with anything else outside of that but here's the thing that's why we're not supposed to be buying new cars oh it's not a good idea unless you got the money you don't really care about that three four thousand dollar depreciation hit it's always suggested by me and my team to always get these cars used like my 2017 maserati that we got for 32 000 if we bought that car brand new we'll pay an extra 40 thousand dollars for it same car right and that will mess up the profit margins when it comes to running it up so the first month you said you made like 20 000 yeah but you still have been up to four up to 40. i don't know the exact number though what was you what did you peek at with that fleet yeah um i was getting more cars and i was getting more cars so the numbers started fluctuating but anywhere from twenty thousand and sixty thousand was per month okay right um and then of course that's gross yeah of course we gotta talk about net when it comes to expenses i had to hire a team i had seven employees have my car lot now things a little bit different as far as expenses and management and operating costs so was it profitable because it's like yeah definitely well if you're paying 40 000 a month but your gross is 60 then that probably is 40. so you like breaking even nah well i was probably netting probably ten thousand dollars per month okay yeah anywhere so the prices fluctuate so anywhere from ten thousand so my car notes was probably around thirty thousand dollars a month up towards the forty thousand i started getting more cars okay yeah so each car averages anywhere from six hundred dollars to a thousand dollars a month net okay yeah so that was what was happening but some cars weren't ready or some cars would get in the accident so the cars that were performing well will offset the cars that weren't performing well um yeah so is there like because the maserati thing is crazy yeah is there somewhere that you went to find out the level of depreciation on cars and then that became your playbook for like yo i gotta get those i actually should have did that in the beginning i didn't know nothing about the depreciation i didn't care all i knew was my car note was 600 and i could probably make 12 2 000 per car yeah that's all i cared about i didn't know about the depreciation until as i started getting into the business because ratio if i'm getting a used car the depreciation is not too bad once the car is already three years old so i wasn't dealing too much with that unless i got new cars because that's what i ended up doing i ended up getting new cars because i realized on the row platform everybody was getting corvettes now once i start running the play everybody and i i don't mind sharing it so i'm sharing the play so people say oh that's the play we're gonna get some corvettes too so now it's in the market that all these corvettes are available so as a as a client now when they go to turo they now need to choose which corvette they want to get i'm going to get the 2017 corvette or the 2020 corvette 2021 corvette and and depending on the price people usually go for the newer car so okay so how do you buy a new used car at a dealership without getting finesse to stress so all right so the thing is typically when we go into the dealerships we don't know who the players in the game are who's involved we go into this game called buying a car but don't know who the players are so the players are one the salesperson that's typically the first person you see or that sees you first as soon as you get on that lot they see you as soon as you get on that lot they look like money coming up they pop up that's the salesperson and their job is to sell you a car whether it's the car that you want or a car that they convince you to buy which is cool that's their job but then there's after you deal with the salesperson and pricing and all that go and that good stuff test driving they have the finance manager or the sales manager sales managers overseas the sales person but then after you figure out your deal on your payments credit report history approval process you then move into the finance manager so because people don't know the chain of of different individuals that they're running into they don't know what to say they don't know how to negotiate they don't know how to do nothing like i was i didn't know nothing i just got it saw a price on the website and that's what i'm asking for not knowing that i can negotiate if i can negotiate the price down that will lower my cost on my monthly note which will give me more profit margin when i start renting out these cars so getting a car note for 500 a month versus 760 a month is the difference that's your profit margin you can cash flow 100 a month off of a car that's good that's good it's your car that's your uh cell phone being paid for every month you can look at it like that i don't ever have to pay for my cell phone for a whole year because this car is paying for it um things of that nature so when you go into the dealership knowing how this process works is super important so typically when people are going to the dealerships they're getting the car financed so you having your credit profile already prepared is super important super important most people don't know what their credit score is their credit report is when they go to the dealership and if a salesperson or finance person know knows that you don't know they have leverage remember they're in the business to sell cars and make sure that they get the most income out of each car possible for their bottom line so why is that important for you to know your credit scores because so you can know that when they literally run your credit report and come back to you some sales people they say ah your credit score is not too good we can only get you approved for twenty thousand at ten percent but if you know your credit score is stronger than that like hold a hold up ten percent my i should be getting six percent five percent why are you charging 10 right yeah so if you don't have an answer to that they're gonna let you you're gonna be happy with the 10 just because you got approved and they had you sitting there in that in that lobby for two hours wait wait knowing that it only takes five minutes to find out whether you're approved or not which uh so there's three uh bureaus right so which one are they using are they taking the average of the three yeah so typically it depends on what um lender they're dealing with so for example i go to the dealership and i give i fill out the credit report right the sales manager grabs that credit report whether this online website whatever case may be and gives it to the sales manager right who then helps and finance manager runs the report they actually have if you go to carmax they'll actually let you see it they fill in your information your social your address all that good stuff and it literally plugs it into their system and shoots that information to their their lenders and instantly five probably ten minutes they'll respond back with approved not approved approved with stipulations not approved because of this yeah we're thinking about it but have this person tell us this information why they've be moving for the last two years can we verify their income they'll do those things but it all happens within five to ten minutes it doesn't take too long so once they find that out they can be able to let you know yep you gotta approve of bank of america you got proof of chase um which one do you want to do but typically they don't give you two options they only present them well i've never got presented with you they don't do that yeah you don't ever know that you got approved by multiple banks they only let you know one whatever was the most profitable for them so what they do is you gotta approve for six percent over here but they don't have a relationship with bank america where they get money any money from that interest right because dealerships don't make as much money as more anymore from the car sale from the top because the internet internet now has the prices of these cars you can you can shop prices better way better now yeah so what do the dealerships do to offset that they make their money on the back end selling us warranties packages the interest rate they add two points sometimes two to three points sometimes states limit them from adding points but if they didn't have no limit some people would probably say if you got proof for four percent you don't know better congratulations eight percent because all you're looking at is the monthly payments and that's what the sales person's supposed to let you do focus on the monthly payments not the interest rate so i mean at this rate you're accumulating a lot of cars yeah but with all cars comes wear and tear yep so so how do you uh mitigate that are you making connections with repair shops auto bodies yup what's that process so when you're in this rental business you end up building relationships with the auto body shops the mechanics the car wash business insurance basically once you come into rental space you're not even in the rental space you're in the insurance space right you're insurance game you're in the car washing game call car maintenance game so i while i was in this business i built relationships with the top of the top in atlanta how to wash these cars and get the right soaps the right materials to make sure these cars are being protected and maintained well at cheap cost right a lot of these cars can be maintained really really low a lot of people don't get those same rates because they're not in this business they just go and take their car to the nearest auto body shop and because they don't have a relationship with them they hit them over the head with prices you know what i'm saying so that's how that situation works i actually got hit on my head with my my maserati my f as soon as i bought the maserati the brakes were were um warped and i didn't know i didn't know better and because i didn't know better i didn't do better so i'm driving the car as soon as i got the light i'm like why is this thing shaking i take the car to the firestone the dude pulls the wheel out he said bro i don't know how you were even driving this car the tire was bald all that because i didn't have the knowledge to inspect the car and but there's a tool this is the tool that i go to now it's called yourmechanic.com you pay that person 75 before you buy a car they'll inspect it let you know this is a good car and you can you can have your car with less buyer's remorse because you checked it out properly how do you buy a car under your business name without reporting it in your personal um so there's a couple different strategies to do that i think you guys talked about it i tapped into that yeah um but one that wasn't mentioned was if somebody gets a business credit card with ten thousand twenty thousand you could buy the card with the credit card that's simple right if you got one percent interest or zero percent interest for a year you could literally buy your car with the credit card and tell them to put it in the business name that simple right most people never thought about it that way because um they're so used to getting cars for personal use and personal use typically means it's a liability so we transfer it from a liability to an asset we're gonna buy it under a business name because also there's gonna be protection more protection on the business and it's not gonna mess with our our debt to income ratio super important all right so this is this is crazy right so this is partnering with small dealerships but using their cars to rent yeah so what is this so the rental space was so advantageous that i never had enough cars every all my cars be running but i'll never have enough right so i'll say dang how can i get more cars because i'm not going to be able to get more cars in my name now they're showing after those 30 days that i utilized my credit to get these cars because they weren't showing on my credit now they're all on my car my credit so i can't get any more cars so i was able to go to different smaller dealerships mom-and-pop dealerships and say um the cars that you guys have in your lot it looks like a car graveyard because it's collecting dust did you know you guys can rent out these cars ah we don't rate our cars we're not in this business that's how it would be in the first place but once you start showing them numbers showing that it makes sense build trust and report you could actually rent out their cars for you and run out their cars for you or for them actually and do a deal with them 50 50 80 20 whatever deal you want to do with them the thing is if you don't have the cash or we don't have the credit to get cars you can utilize other people's vehicles you can utilize other people's credit i can literally walk up to somebody on the street and say hey what's your credit score i got a cool 700 did you know with that 700 you can get you a car that's going to bring you a little cash flow in no tell me about it you convince that person you can get them a car under their name and do a business deal with them running out that car take a percentage yup so how do you partner with police officers to get the scoop on car accidents oh my god what's the deal with that yo all right so a boy in new york right so say say you have a car flee a fleet of cars you have five toyota priuses economy cars right when there's an accident what typically happens somebody calls the police to be able to make the report but in that accident this car this person is cars wrecked and this person's car is wrecked right no matter whose fault it is these cars are now undrivable and they're going to go to the tow yard or whatever case maybe your auto body shop but now this person that was in this wreck and this person that was direct they don't have a car to drive so i know a dude who has a network of police officers you know call me anytime there's an accident i'm gonna pull up and let them know that we can fix their car insurance gonna pay for it they basically convince that person look you got an accident you got insurance cool insurance is gonna pay for it but take it to my auto body shop not only are you gonna take the car to my auto body shop i'm gonna provide you with a car no that they're gonna pay for insurance you're gonna pay for it at the same time so he double dipped but he was able to double dip because he has a network of officers that call him it's basically how the tow truck companies work yeah tokens drug companies how they work is because they're grandfathered into a network of police officers when the police officer needs a car towed they call them the network of tow trucks and they come in so any tow truck company that has these contracts yeah they make their money by just pulling up anytime a police officer calls but people don't know that you could do it for your car rentals too right not just police officers anybody that's in a situation of witnessing a car accident if you could put it out there in the universe if you see a car accident call me you can be able to tap into that and run it out like with like those billboards in new york like personal entry attorneys like your hitbox same thing same thing yes selena one of them passed away right recipes what's yeah so it's a whole booming industry of people it's like they look for that like if you fall at work or if you're falling and now unfortunately it's crazy do you know what the most popular thing that you hear especially in new york i don't know if it's in atlanta police brutality uh if you if you or somebody you know has been a victim of police brutality in the last two years [Laughter] if you or someone you know has been a victim of police brutality in the last two years call one eight hundred to the uh yeah this is strong these are strong play once more people start being privy to these different opportunities in rental space you know how black people are we we get real creative yeah we get so i'm glad you broke down the interest part yeah but is there a way to buy the car without high interest or interest at all yeah so that's good because good point so in order to get a car with zero interest you see that you got to have like super super super good super good um uh credit profile yeah and they're just doing it as a favor because that's how they make their money banks they need as you guys know in the finance space banks they need to invest that money that's just sitting there yeah or inflation is going to eat it up so there's different ways that banks invest the money that's just sitting there home loans and auto loans and investing into the market so out of auto loans they have to make their money back say say erica needs a car and she doesn't have the money to pay for it for cash bank will say well okay we'll give you the money for two percent back one percent back depending on the situation but the way that you can get it for zero percent is if you buy with a credit card that has zero percent interest you don't have to buy twenty thousand dollar card against space you can buy a five dollar five thousand dollar car if you don't have five thousand dollar cash you can use your car your credit card to buy a five thousand dollar car and immediately use it to be able to be rented on platforms like hire car to roll generate the income pay that loan back and now you got a car and even on my rent i'm thinking even a supplement even if you're not doing it as a full-time business yeah some average the average person outside of their living expenses um their car is their biggest expense their biggest monthly mm-hmm no it's like either your rent or your mortgage is going to be number one your car is gonna be number two for most people outside like student loans stuff like that so it's like the average person might be struggling and even if it's a 300 400 whatever in my brain there's always some time where you may not use your car vacations vacation saturday or you know sunday if you're just you know just staying in the well if you think it's like if you're taking the train to work every day yeah you just want to switch it up a little bit for the month yeah it's the season how does that work like can that can an average person that maybe is not looking to do a business but just looking to just cut back on that on there on a monthly note and not have to pay that money yup burns what's going on traditional universities are outdated and don't teach you how to become an entrepreneur they just teach you how to become an employee you go to school for four years and you leave with nothing but debt but here at eyl university our curriculum is much different our university teaches you real world skills that you can use to gain financial freedom right away in traditional universities you learn from professors that have never did what they teach and they teach you how to become an employee at our university we use instructors that are currently successful in specific field that they teach and they teach you how to become an entrepreneur for a limited time only you can join eyl university for 25 off of the annual membership learn about stocks credit real estate crypto and more go to eyluniversity.com right now and sign up to become an earner don't wait don't hesitate head over there now as long as they don't have a um emotional attachment to the car and they don't mind sharing it and handing the keys to somebody and understanding how to manage the car absolutely well for me that's how i started saturday's only but saturday's turned into me having a whole operation for this specific business because it's dope because it's like there's a reference point for airbnb yeah so it's not foreign it's like exactly it's already is you think about airbnb just for cars exactly yeah exactly is there a certain like all right like if you just have a like a honda or dodge will people be willing to rent those yes i'm in the luxury space but i'm also have economy called standard cars i got um smart cars paid cash for it smart cars work so many plays with a smart car or any car you can get the car wrapped i think they mentioned before get the car wrapped on all sides i've actually seen it at atlantic station the dude pulled up i said yo let me ask you a question how much did this business pay you to wrap your car he said 300 for the month he made 300 just to wrap somebody else's business on a car right his car probably looked beat up the paint was chipping now he got a fresh little wrap on there making 300 and that 300 pays for probably his his groceries and gas now he don't worry about groceries or gas ever again until he finds it of course unless he doesn't do it anymore that's just one way right and then he can again run out his car to people who need to just travel it's just building a network of people who need a car and any any situation well let me let me ask you this because like if i rent a car from hertz or you know i'm going to the airport or the actual car rental place um it's usually centrally located yeah so if if i live like in a suburb or something like that do i have to actually drive the car for somebody to come pick it up or like how's that aspect of the car rental business working oh location i got you here so yeah for example um if i if i have a car and i'm like an hour away from atlanta right from an hour away from atlanta and i don't want to tap into the the city or the airport where everybody is at i would have to build a network of have having people that's in that area that need car cars for rent yeah and you'll be surprised if there's no enterprise there that means it's still people that need the car there's people in our way that wished that there was a place for them to be able to rent cars in this specific area and the question is why would somebody rent out a car in for example loganville and that was just an hour away well somebody's car broke down yeah they need a car yeah supply demand yeah yeah supply and demand so so in the hotel business like airbnb i know there's a checkout time so i'm wondering in the car space is it like yo i rented from 11 to 11. yeah and if i don't bring it back in that time what's the penalty or what happens if i don't bring it back at all yeah same situation wherever it be yeah so check in check out time same situation where you can actually set up it's your car you can set it up however you want to mm-hmm pickups are at this time between this time and this time you can sell it like that and then when they book your car they tell you okay cool i'll pick it up at three o'clock i'll pick it up at five if there's after hours you can charge more for after hours or you can just make it between these hours um but one of the biggest issues is of course people bringing the car back late yeah and messing up bookings just like airbnb yeah so it's just a matter of managing the communication with the with the guests to make sure that they bring the car back and if they don't bring a car back there's different ways to get compensated whether it's through taking their deposit or on touro letting touro know that they didn't bring the car back and they need to be charged for a half a day or a whole day depending on how late they work do you have a maintenance team because i know like after somebody leaves they clean the apartment you have it somebody kind of car definitely the check-in check-out team they make sure that the car came back in the same condition and it went out in right check the tires because that's one of the biggest things that get messed up in the car rental base they rim rash the tires but all these different situations that may happen we have protocols for every situation if somebody messes up the rims there's a fee for that there's a reimbursement fee for that um if somebody smokes in the car there's a fee for that same situation little dinks and dings you're creating all these things yeah i got a whole i'm really analytical yeah i made sure i had a list for every possible situation because here's my quote if it can't happen it will so you just need to make sure we have the processing procedure to take care of it when it does and we make sure we communicate it with a guest beforehand so it's not a surprise that it smells like smoke in here it didn't smell like smoke like before so we're gonna have to charge to take care of the smell for the next guest so of course some people take responsibility but some people say man i only smoke i don't smoke no weed man bro it smell like we did yeah i'm saying so that's part of the nature of the business but making sure that you have the the systems in place to take care of it let me ask you this um one of the biggest hurdles that stops people from getting cars especially like probably at scale like this would be their credit so do you have any hacks or tips for people to you know rebuild repair they're credited to get into the car and we got a whole network of these dope because credit when was the credit repair two years ago it was like uh is that scary we just didn't know the laws we didn't know the process and procedures of getting these things off our creditor profile because of the loopholes that were created right and luckily we have teams like we got recession proof that can help people with that process to educate them but through even through recession proof there's hundreds of women and men who now know how to take care of these inquiries reports evictions student loans legally we're not even talking about finessing the system literally legally doing it so if somebody wants to use their own profile to do so they can do it or they can build out a business profile and buy a car in the business name that has nothing to do with their horrible personal credit business profile straight personal is horrible you can just use your business but somebody says somebody might say well i don't have a business profile there's strategies that are out there where you can buy a business profile shelf companies and add trade lines to that that that that specific shelf company that exists and then operate within that business there's so many people who sell business i can sell my business right now to somebody that my business has been out for 12 years talk about that yeah so literally ceo cartel's my llc say i was never using cl cartel right or i stopped using it or i was being really uh lax for or i built this llc just to sell it i could just sell the llc it has nothing to do with the services or products just this business entity i can sell a business entity and that what they call shelf companies it's like a body but of course the body can't just have skeletons it has to have its skin and bones that's why the profile is important so they add the skin and bones via trade lines via business transactions and things of that nature um and i said that's the different strategy as well so many strategies the excuse of i don't have the cash or credit this is an excuse anymore we can leverage somebody else's cash leverage somebody else's credit like somebody else's time so you talked about getting it from the dealership you talked about getting the cars from mom and pops what about auctions yeah yeah yeah what's that process look like yeah yeah so man when for example say we got an accident so i'll say an nfl player gets his car crashed but no he's no longer in the league he's not making the money like he used to make it so he can't pay for the the maintenance on the car no more or can't pay to fix it whatever case or just doesn't want to right that car is now sitting at the auto body shop just chilling right so now if it sits there too long and the person never picks up the car they put a lien on that car right they have the opportunity to either sell it to auction after the lead or sell it to you if you know better if you pull up and say yo any cars that you put on me sell it to me first don't send it to austin right or if it already went to the auction most people think that you need a dealer's license to buy cars at the auction some do like manheim but there's a dealership there's an auction where you don't need a dealers license that you can go there and buy cars cash cars salvage cars right two-row doesn't allow salvaged cars but if you're doing personal bookings and the car is straight and it's been checked out you can rent out those cars i'm saying those are the different strategies how to do that how do you feel about like we see hurts going under and a lot of car um dealership well car rental places are going under yeah so it's interesting to see the rise of toronto and things like that why what's the what's the disconnect like it's not like people don't need cars anymore how come the big boys are struggling right right i think it's because their business models obviously their business model is different they have for example there will be one gym that shuts down i think goes dim also shut down yeah another gym is thriving the only difference is the business model and the revenue model and the the the capacity of services so as we know hertz budget all those those big companies in this cargo space they have too many cars right they have either too many cars or they don't have the right cars that people actually want to run out or they're not serving the right market or they have limitations because they have limitations like you have to be 25 and older to get a car you have to have a credit card or debit card with this they have different stipulations for you to get cars so at scale larger companies are more prone to be um affected by a pandemic because it's a large scale business so for me because i'm smaller i'm able to pivot more so ontario when the pandemic had it was less bookings but i was able to pivot to running out to nurses when they came into town nurses they were getting paid ten thousand dollars a month to help atlanta with the um the corona um situation to leave their city and state and get flown out flew out to this specific state to help but now this nurse needs a place to stay and a car to drive so now that i know that they need these two things i can offer the airbnb and i can offer the cars and they have no problem paying the 500 to 800 to 1200 a month for the car because they're getting paid 10 thousand so they just added that to the budget some of these people like these actresses the production teams actually pay for these cars for them yeah so there's so many different strategies when it comes to this um and like i mentioned before even um during the pandemic well rose was the grocery delivery and the postmates and the uber eats things that nature so i was able to pivot i see this is one of these things that's um probably one of the more practical things that anybody can react to because like i said i mean it's one thing you can start your own car rental business if you want um but for my brand even for me personally i'm interested in this because i feel like like i explained to you to play with l.a and um so that's like for me personally but the average person like i said you're just trying to just save some money so whether it's ran into some people that need you know a car for the weekend or uh over each driver make it make sense from the hours of four to eight o'clock at night you know you come home from work and you're not doing nothing at night anyway so that's what i was thinking oh there's night workers usually think of that i was thinking like the person who's crucial who gets on the train at 8 a.m that makes eight 7 30 to pick up time you get off the train at 6 00 p.m you make 6 p.m to drop off you literally picking up the car as you're coming home when you need it or or just the soccer mom or whatever that's like you know i'm saying the dad that works a regular job they traveling but then they lock him in with their kids at night and you know a lot of people the average person when they get home at like six o'clock they're not really leaving the house after that so from the hours it may be like six to ten a uber each driver can rent your car that's the bar see what they're doing i don't even think about that i just learned that right now welcome around your legion man damn that's the most practical probably yeah but some people have a problem with um giving a car to somebody like even a stranger but for me i realized that when you go to the dealership to go get one car you can get a car for your personal use and a car for rental you can get two cars and have that one car pay for both um so somebody plays on a day-to-day basis how involved are you in this right because this is a big operation well it sounds like it's not you call it a small business but this is a big operation yeah so you got to hire a team obviously delegate roles yep how involved are you in the process on a day to day yeah now i'm only involved in because i have a team so i was able to have people i trusted i'm in the part of a church organization and having these cars and having these luxury cars and people having keys to this you need people that you can trust so because i have so many cars i needed a team that i trusted and i have seven one team handles the uh protection loss call it what they call it loss prevention in the retail space to make sure that we track the cars so we have an app that we can literally track every single car and where they're at so that person makes sure they they did that we have the check in and checkout team accounting team um we have the customer support team and the buying team to make sure that we're always getting the right cars and going in and out selling cars things that nature so for me personally i don't have to do anything outside of just being a ceo just over like checking make sure everything got done for the week what i'm saying oh man and my wife erica miss erica pride she's the queen of managing to the point where i'm free you know i'm saying i'm free from all the the frustrations that i had in the early stages of the business we just we just figured out how you got the time for clubhouse yeah yeah that's it people always try to look for passive income yeah when you have a passive business that's creating passive impact that's amazing hop on that clubhouse massive business creating passive impact i like that so it's like all right is toro the same or any of these car services are they the same as like airbnb where you just you how do you actually get on like you just got to have an application do they accept anybody or yeah you just the the onboarding process was submit your id just like um airbnb and even if you want to drive for uber you have to send your id your information where you live they vet that they do a background they prove you on the platform and all you and you're good to go it's literally easier uploading your card than it is making a facebook profile literally upload the picture card description price it your rules rates and the the plan that you want to be on when it comes to turo you're good to go how do you know how to price it just what other people are trying so we do market research to see what other people are charging and based off of that and then it's in the same cities in the same uh area so they charge 150 for a corvette yeah you're gonna charge 140 just you know what i'm saying better than pricing you know i'm saying so this is running out of just the atlanta tri i guess not even tri-state but the metro yeah metro online yeah and are we are you thinking about expanding to throughout the state of georgia maybe some other states that's a good question so for me i'm actually in this business not even not for the cash flow because i was actually making more money with less cars because i had less overhead so i'm actually leveraging this business to have an opportunity to hire people i'm leveraging this business as an opportunity to be able to network so when these celebrities come into town i'm a plug i have a car for you and a condo so it's not just about the cash flow because there's other reasons intentionally for this business so how did relationships how did you get airbnb's like did you do that before toro or which one of the first yeah everybody was after i dabbled i listed my condo just just to see what people do i listed my condo back in 2014 for 350 just to see if it's something tonight yeah and somebody booked it i had to cancel it because i was living there but i was surprised that somebody paid 350 a night for my spark because when it comes to my my payments i'm paying my spot was 3 200 a month i'm probably paying what's that 50 to 70 dollars a day somebody will pay me 350 a day set that blew my mind but i took that i put a sticky note on that if i ever need to rent out my spot i'm not gonna do it at least you know yeah so i was already familiar with it off of that test yeah but as i was doing the cars naturally people were asking me yo do you have a condo to stay because they were going to get my car and go to airbnb yeah you don't got to do that no more i'll get an airbnb we can do all the same place to the point where i was putting my airbnb listings on my twirl profile the pictures so you look at the pictures of the car and then you'll swipe right you're like oh there you got a countdown too we're getting there and they'll inquire it's a package cause when you travel and you're living in a perfect city atlanta yeah being that being that resource i don't even call it the plug i was the extension cord in that situation i was doing so much to plugging people in jason mr two weeks out my guy he said um lamar odom his guy hit him up he said hey do you know anybody who has the airbnb space and because lamar told him he got a house in the lab but it wasn't finished being built so he needed a place to be until it was done so because i i had my air may be jason knew i had airbnbs he plugged me in i wouldn't be able to have a relationship with a nba player that i used to watch every night back home from my favorite team lakers if i didn't have a resource that was going to be an asset to him right and that was crucial once i realized that those type of plays can happen i start getting more airbnb units i start building relationships with wale 21 savage and 217 live in atlanta but he's always booking my spot you get airbnb yeah why uh [Laughter] he's another clubhouse champion yeah yeah yeah shout outs of easy that so that's crazy i don't even thought about like that you you you're using it for like really networking oh yes it's a great networking tool yeah it's and i like being i like doing businesses that are trendy so when somebody says turo i can be in that conversation and add value somebody mentions airbnb i can be in that conversation and add value that's well that's one of my key things my core value is um resourcefulness i want to be as resourceful as possible so i know what businesses are shaking whether e-commerce whether it's airbnb touro stocks i want to be able to tap into all those things so i can be a resource for those who aren't privy to those opportunities well it makes sense now because you was a party promoter yeah yeah see see i didn't connect that doc yeah that was l.a that was the l.a they connected that's the ultimate plot like the party promoters is the ultimate what do you need i got everything for you most party promoters they don't know what to do after they get people in those doors after they get the celebrity in there they don't know what to do with them afterwards they don't have other businesses or other opportunities to help facilitate that relationship and nurture that relationship outside the club yeah sorry stops there to the next party yeah you're just a promoter now that's it yeah you know what i'm saying we can be more of an asset way more vast if we can figure out what people need how how much like i know it depends on geographics and but like on like on average if somebody wanted to start like a car rental business yeah how much can can they like expect to make like what's a good number to hit them each car i just use the the parameters of each car so each car from anywhere from zero to what i was making twenty six hundred dollars per car depending on the type of car if you got a lambo if your homie has a lambo like for example right now i'm at the stage in this business where people want to ship me their lambos from la right they was like yo bro i don't drive this car i'm just sitting here paying this 220 500 a month let me ship it to the lambo can you rent it out for me make money right and a lambo can ran out for it what um seventeen hundred dollars a day the cardinal was probably seventeen hundred dollars right even my ca my brand new corvette my car know my corvette's twelve hundred dollars that car is getting rented out right now for 800 a day 800 a day easy so all depends on the car the business model and what you want to do because like you mentioned before you can do short-term rentals or long-term rentals or hourly rentals all depends typically somebody nobody's going to really do a short-term hourly rental for a honda accord but they might do it for a slingshot one of my slingshots they'll run it out for an hour yeah 150 for an hour or a supercar they just want to go to the little restaurant with their girl for two hours i rent it out for two hours i don't need it all night all depends on the type of car so pre-covered yeah were you getting into entertainment space where actually like production companies are like yo we just need cars definitely that was happening all the casting directors the video teams production teams they'll call me got a car we need a car for this video right weddings wedding um the people who organize the weddings i forgot what they're called but they they hit me up you got any white bentleys you got a white uh s550 white maserati anything white really does good with the wedding space but just being a resource and through that i'm starting to meet everybody i'm pulling up my car and find out that the agent booked my car for a super celebrity a-lister celebrity and now i'm connected with the celebrity in that aspect i do marketing as a trade so now i'm pitching my marketing plans for because of this card it was a tool matty j the extension question yeah it's a special course so so you figured the game out and you know i'm saying obviously you know you're doing good for yourself you you you figured out the airbnb and you figured out the toro side at what point do you get into the education space and start to teach people about this so here's the here's the real play the real play was i knew i was going to be teaching it before i started this is the plan because think about it anytime somebody does something successful what's the question that most people ask when they see them doing something successful how did you do it put me on right mentorship like something yeah most people when we get axed yo how did you do it most people say just work hard grind hard fluff straight fluff we need the bars we need the details how much money did you spend how many cars did you have what was the good things that happened well the bad things that happened it wasn't just you so who was the part of your team we need all those details yeah but because most people never document in the process they themselves don't know they can't articulate or even share how they did it they know they put in the sweat equity they grinded hard because that's all they knew they did that's all they tell people they did i just grinded hard i didn't go to sleep i worked hard but if you can document the process which i did i documented since day one i i utilize instagram stories to document my day most people they treat stories like uh for what it's called a story so i'm telling my story day to day using this specific platform so people saw when i got my first card they can just scroll back into the archives dang i remember maddie got his first car tesla and he saw his first guest and now they can see that i have 48 cars now because they saw the journey but that's not good enough i need to package this information into a content that people can really dive in and duplicate this process and replicate it for themselves how they want to but as an educator my job isn't to say yo if you do it like me you're going to get the same results no my job is to present opportunities that exist and then you pick these opportunities this one makes sense for me in my situation scenario circumstance and it's one of those things where it's like you know i love the entrepreneurs that have created online curriculums because it's like one of the things that 19 keys says shout out to 19 keys my guy on the podcast is he said um everything that the school that the school system didn't teach us has created opportunities for us to teach at a much cheaper price if you think about like you're going to college and you're spending thirty thousand forty thousand dollars you buy a course for a couple thousand i mean you're in there that's more probably valuable than your college degree because it's it's specific yeah like this is i want to okay i want to have a car rental business you can't go to college to have a car rental business so what do you do you either google your life away and try to figure out hopefully you make it or you just follow a proven blueprint by somebody that's already been successful that's actually documented it they put in a nice video format and it's a step by step they have the whole thing laid out for you and you just got to follow the blueprint and for me it's like it's been a game changer because i've actually seen it how you know whether it's wall street trap or whether it's ngo mortgage guy whether it's him 500 and it's like it's not necessarily like one of the the things that we heard that was the best is like no school is judged by the teachers or the principals the school is judged by the students oh students yeah students yeah alumni the success of the students so when you hit when you hear about howard university when you hear about harvard yale they don't reference the founders they reference bill gates went here and this guy went ahead mark zucker even if they dropped out they went there puffy went like no i'm saying so the school is only as good as the students and now so i said to say i'm watching online entrepreneurs i'm not there these guys are successful but for me it's the actual success stories that i'm hearing from the students seeing that you know who kills the game with that alex good energy we saw that firsthand yeah member success you know what's so crazy he just dm me like an hour ago and he was like um check out this caption and it was one of his portal members and it was like you know buying this portal it changed my whole life i'm on my third truck testimonies success yeah that's a fact so i said i have to say man it's it's dope so um exactly what's in your your curriculum yeah the play same thing everything i did i documented this story everything i just mentioned today it's more visual because i have the pictures to prove it yeah i got the step by step hold your hand yeah i got the receipts i got the excels i'm really transparent that's one of my other core values outside of resourcefulness transparency i really and the reason why i'm so transparent because usually when i talk i'm really animated people some people probably listen to me like yo this dude is cap he's lying ain't no way he got 33 cars in two weeks cool i understand let me just show you because i can show you what i can tell you so that's that allowed me to be more of a documentary yeah you got the rescue got the receipts yeah i got the receipt so i show those receipts and i realized most people because i didn't need a course because i can't sit there and say you need this course to be successful i didn't take the course what i can do is i can help expedite the process for you what i can do is give you encouragement and hope i think that's really what the value of the course is community accountability and encouragement because a lot of people don't have didn't have the same belief system i did when i started i believed that i can get 50 cards and have no issue and not you can't really teach that so that's where the community aspect comes to community for me is common unity so i want to gather all the people who want to turn those liabilities into assets together so we can be able to move farther together in this situation that's a fact so you know in true eyo fashion um you know we bring all kinds of entrepreneurs on and um like a lot of them have curriculums whether it's mg the mortgage guy whether it's him 500 wall street trapper and we encourage that i know i love it i get courses all the time the craziest thing in the world was when mark cuban told me that he buys course i don't know if you watched that oh yeah yeah he was like that was a crazy shout out to y'all i appreciate that you signed everything i've been saying and now everybody tell me about it no i was so crazy when he said i'm like actually like how many hours a day do you spend learning he's like all day he's like i bought i buy books i bought it i buy online courses and i don't know you buy it's like yeah like i'll tap in so um i say that to say you know one thing that we always you know try to encourage entrepreneurs when they come on the platform is to give a special offer that nobody else has you know especially yes for the eyo community and uh maddie j oblashed so um yeah you set up a website the website is car rental game eyl.com and it's going to be 500 500 off of the course and uh once again the course teaches you everything you need to know to start a car rental business whether you actually want to have a whole fleet of cars like he does or whether you want to just supplement your income and do and do you know just the one car that you have or whether you're trying to live like me and go from new york to l.a or whatever your play is that's the great thing about this whole car rental place space is that there's so many different plays for you so if you're interested you can go to car rental game eyl.com for five hundred dollars off that's exclusive you're not gonna find that price on the internet it's the cheapest that you can possibly get and um yeah if you're looking to invest in your education you can uh take it from there matty j it's been a pleasure my brother what would you like to tell the people social media handles all of that yeah definitely i'm ceo eddie j and i'm known as a digital real estate investor right a lot of times we get on social media or even we buy website domains domain literally means you own territory on the world wide web so if you own territory on that world wide web let's be landscapers contractors let's be investors and buy fix flip build different businesses on this worldwide web so we can create assets that we can also pass down we already know about the importance of real estate in the real world same thing in the digital world so you can find me on commedy j my instagram handle clubhouse cmaj even my website cmaj.com that digital real estate like benedict says that's that's crucial shout out everybody to bwo yeah yeah yeah shout out to the guys yeah shout out to the guys man troy housekeeping items yeah shout out to everybody on patreon.com y'all notice how proud the paid program uh tf5 members uh you have access to eyl university the number one place for business entrepreneurism and anything financed number one in the world really um so shout out to all the earners that are there and shout out to everybody that is supporting the merch the eyl university merged the assets of reliability shirts and we got that shot i got some special sneakers man shout out to shout out to the assets of a liabilities they're calling them the asset ones i saw that online i like i like that i like to like that right yeah i like that shout out to the asset ones and uh they release [ __ ] yo check his feet oh yeah you know yo shout out to eyeliner without the bike jabal everybody you know what i'm saying what you guys are doing is really special appreciate it yeah i appreciate that so we appreciate all y'all thank you and shout out to maddie too because yeah he um not only does he do car rental he's actually a renaissance man and he created a whole curriculum on uh for how to make your online university yeah that and of course you know we have eyl university so when he was talking about the game on you know how to actually what he said made a lot of sense was like the model of education isn't bad isn't bad it's the implementation of it right you talk about that a little bit before we leave yeah that was that was a bar yeah it's because um like a lot of us entrepreneurs we poo poo or traditional schooling systems what we're really poo pooing on is the curriculums what they haven't been teaching us the system in itself it works they have a grading system accountability system they have mascots to help with the feeling school spirit school spirit they have the orientation test exams all those things allow somebody to move from first grade to second grade third grade fourth grade and so on but as soon as we graduated out of high school we no longer had that system if you didn't go to college it's more like freestyle so we're all over the place freestyling so nowadays we shouldn't pooh-pooh on college system we should just put people on a curriculum and that gives like 19 say we shouldn't be complaining it gave us an opportunity to be able to teach it so we should be happy but the structure of colleges the structure of high schools and school systems still need to be in place so for all us educators in the infotainment space or the infopreneur space we still need to model the things that allow colleges to exist to this day colleges are traditionally education is recession proof to keep it real you can talk all you want about is go be here infotainment nah that's a fact when you said that it was like we already had a lot of those systems in place but even more and um you told me that and then you showed me the whole thing i'm like nah this is definitely something that and we've actually implemented a lot of those things in the ui university like you said i mean it's already a hundred years old yeah you don't have to reinvent the wheel you just have to actually take a good everything has good and bad yeah you take the good you spit out the spit out the bad and then you put your your and now you just have a better product thanks so much so yeah that was that was the gym for sure man you know university of course that's the premier premiere so yes maddie j once again if you're interested in getting the exclusive 500 off the master master program when it comes to starting an entire business and getting your your foot up and running um go to car rental game ewl.com we'll see you on the other side thank you guys for rocking with us we'll see you next week peace peace my graduates from my school being forbes backdrop backdrop backdrop [Applause]

Channel: Earn Your Leisure

Views: 101,357

Rating: 4.9630461 out of 5

Keywords: earn your leisure, business, finance, sports, entertainment

Id: 5S_YryGQtBQ

Length: 72min 25sec (4345 seconds)

Published: Tue Aug 10 2021