Luke Belmar vs The Matrix - Ai, Making $16 Million Drop Shipping and 3 Simple Steps to Becoming Rich

brother [Music] people are out here to run the game whatever what do you want me to tell you what am I saying I'm just giving you straight facts bro yo well I'm gonna eat McDonald's you ain't Warren buff fish it's all PVP the whole world people are not again packing your best interest until you need an edge to get these people with trillions of dollars trillions of dollars the reason I did 16 million dollars in Drop Shipping was because I thought about things differently [Music] okay but Luke Luke 26 year old retired baller not Butler dude Ballers have you when if you go to Dubai that's baller [ __ ] bro I went there and I was humbled uh for sure I was humbled to this okay but you were tired yeah so you've done very well in life at a very young age and it's what most people aspire to be objectively on the outside so I want to get really deep into that because obviously I would want to ask like how could anybody replicate your success but everybody's unique you all had unique angles and there's a little bit of luck for everybody so it's kind of hard to digest that but totally opposite of what I just said what do you think about AI dude so AI is going to display so many people I said it yesterday on Jordan's video when I was coming here because it's my first time in Breckenridge and I look forward for us to do these more often these trips but you know when you do like the self tag at the at the airport it makes sense right you don't need as many people ticketing you use automation but then you're supposed to take your ticket you're supposed to now apparently bag it yourself and you leave it on the counter for the lady too or the guy or whoever to basically put it on the little line that takes it away so I go and I hand the lady my little sticker and I hand her my suitcase and she's like no you need to put the sticker on the suitcase I'm like okay that's fine why are you here well I'm here to supervise that you put the sticker on the suitcase and I looked and I was like you will be replaced by Ai and the reason I said that to her is because I told her that yeah straight up it's funny it's funny because and as soon as she looked at me like what like she's like wait what like didn't make sense but I said it to her because it made sense it made sense that the value that she provides to her company can be replaced by Automation and I think uh the level of intelligence that it's going to be able to have long term not short term I think that there's an extensive period of growth what we're seeing right now is sort of like ground rules and you see this automation kind of playing because sometimes chat GPT does some dumb dumb stuff right and it plays within the sandbox of the Creator so the creator sets the rule set right as to how the AI can process information and what it can't talk about or can't touch um so as they begin to expand kind of the API or other companies begin to develop their own products and as entrepreneurs and uh like us that are kind of like on more of a come up stage and not that established big organization kind of structure which I personally don't really enjoy anyway uh we can start creating as tools become uh more available we can create our own Ai and train our own AI because if you want to compete in 2040 you think you're going to be competing with human mental power no dude you have to be competing with your AI with your robots with your automations with your softwares because that's where the huge where the future is headed it's going to be huge and if you're not on it you're going to miss out so the skill set now is not just blue color that's going to be replaced I think White Collar is going to be replaced doctor's lawyer faster way faster faster than blue collars because it's dude creating it's not just AI but you need to create robots and Machinery to to power what would be manual labor you need not only software you need Hardware but on White Collar dude most of the stuff is now digital you only need software you do not need to go into Hardware necessarily so I think a lot of these jobs are going to get just absolutely demolished dude you will not need Consultants anymore you can consult the most intelligent consultant there is right if you teach it that way I think people need to start utilizing it if not they're going to be left behind I think it's powerful how do you position yourself like short term right now and then once things do change how does our world still fundamentally operate because this could threaten capitalism if Freedom it could threaten freedom but beyond capitalism so short term next few years there's I feel like it's gonna be like phases of AI yeah for sure this first phase that we're hitting right now because it's here yeah good and it's like hot too anyone can use it it's hot dude and so it's like happening and so obviously there's a lot of like value Arbitrage opportunities to make a little short-term business but eventually one AI is going to rule them all so short term phase one what should people do what's the most optimal way they can like actionably protect themselves yeah so how you can participate per se in kind of like the AI Revolution we'll call it is you need to start if you're an entrepreneur per se you need to start building companies of the Future Okay technology is accelerating so quickly that if you're building companies of today tomorrow they'll become irrelevant so you need to build companies of the future you need to build companies that are going to be relevant tomorrow and that the Evergreen period before that becomes irrelevant is extensive for example uh the first introduction of the internet if you started building products and companies when the internet started before AI or crazy automations were introduced you had what 20 years 15 years a pretty decent Gap right there to build I think we're going to have a decade where AI is still very okay yeah for sure because you're talking about but maybe I'm wrong dude Maybe I'm Wrong like we don't know the capacity uh that currently exists and the fact that what is currently publicly available so powerful has to be a like uh a clue that there is something more powerful out there this is a hundred percent one of the one of the members um from Capital Club sold one of his companies for 50 million and he was a software guy and I asked him the same question what do you think about Ai and he's like dude you have no idea if you think what they released in the public is the actual stuff they've just they get keep 99.9 of stuff so the amount of power that's already out there it is scary and if you look at for example BlackRock BlackRock uses an AI called Aladdin to do forecasting and predictions and they've had this model being developed over the last several years and that beats and trumps every other software and Automation and any other person that's playing the game like they could have had such an evolved AI markets think about the advantage you have to have to make that much 13 trillion plus whatever in assets under management you don't just get there by by chance you need to have massive amounts of Leverage or super intelligent people and they're the first big company to figure it out and now they're the biggest company by a long shot and so that could still work at a micro level for like the up and coming entrepreneurs 100 I think and I think it's also understanding bro it's the fact that software and robots uh Naval ravacon talks about it he says we're using bots in automation they're all like little micro workers and employees that do not sleep they do not rest they're there 24 7. they don't complain they do what you tell them to do and they're reliable and that's super powerful and that's going to rule out a ton of people he had a good tweet that this is like the a calculator but for English and writing but it's very interesting because a lot of people aren't entrepreneur entrepreneurial and so I feel like I talk to a small audience when I talk that way but that's our interest so the everyday person actually let's take it this way 18 year old kid three years ago we'd ask someone you need to get hard skills you need to provide value because no matter your network if you're not valuable to someone even if you meet Luke Belmar how can you help them but it'd be like copywriting or video or these hard skills that you could provide value to someone where does that what should someone be learning if AI is going to do all this there's a few things that I I think are extremely important that I think uh Ai and Technology will never be able to replace which is human connection which is community and uh emotional connections I think uh that like transcend momentary like happiness I'm talking about deep relational emotional connections I think that these also create culture right culture is dictated and created by by people and I think that there's a human factor in a human element that allows the world to go around and even if AI is created and yes it learns by itself in the near future it teaches itself it has an origin point and that origin Point has uh biases right because it's been created by somebody that has said it in such a way where for example you go to chat GPT now and you ask for something and it says it could tell you literally my creators do not allow me to go beyond this this border or this is not something safe well who told you that it's not safe my creators told me that it's not safe right so you always have that bias in in kind of uh preconceived um data that comes in that could potentially inflict um pendulum swings where AI isn't neutral which is the ideal Utopia but I never see it really becoming neutral the purpose of openai is so that they can like let people at least start using it and benefit from it but they can control it and try to set standards yeah obviously that's like PR I mean ask them about ask if we we all know for example or example right I you know me I'm big on Spring Water right I hate fluoride in the system I'm big on non like GMO foods do not eat like crazy [ __ ] like that don't eat fast foods and the other one is like seed oils which is important because you need to be optimal correct if you if you if you ask chat GPT now like what what what's the yeah what is the ecosystem of or what's your thoughts on seed oils right and what's kind of like the habitat around them it'll tell you all the positive [ __ ] and it'll be like yeah but you know you got to be careful with them it's like anybody that truly understands seed oils will tell you do not consume that so you are playing within whatever rule set that it's been why is that information suppressed why is the opposite narrative promoted well think very simple it's been happening since the since the dawn of kind of controlled civilizations which is you need to keep your citizens and your slaves you need to keep them in check right and the best way to keep them in check is to keep them weak and we've kind of transitioned from manual labor kind of being the main force of Slavery to now it being more of like mental and energetic and time-based consumption and the system kind of realized me beating a slave with a whip I'm not getting the most out of them right so what do I have to do I'm going to trick them I'm going to deceive them into we can talk about the entire money system um and I think that that's kind of like I want to go to that soon yeah I think that that's going to be a a good topic but circling back I just think people need to uh if you're an 18 year old I think you need to be developing skills do social skills become more important yeah bro social skills because now you're interacting with people and the people that understand how the game is played they understand that everything is built in rooms with people right and they are the ones that are deciding whether it's in 100 years that AI is going to be the deciding factor I don't know there's an anime called Psychopaths but I recommend everybody watch and it's this AI that is like a hundred or a thousand brains of different people of society criminals billionaires peasants everything and it forms what is supposed to be the controlled neutral mind but it's not neutral it's extremely biased and in the anime it kind of shows you that that entire Narrative of a credit system of a mental check of a daily pill that they need to consume to manage their mental level and their mood so civilization has always flourished when the working class are subjugated and they are enslaved and that's how you build societies unfortunately that it societies are built on the back of slaves and today we just have modern day slaves once you learn that these companies or these businesses don't have your best interests in mind when they're propagandizing you with just marketing ads but commercials ads on Facebook I mean those are not there to make your life better even though that's the feeling you're supposed to get so potentially from the app can I pull can I tell you something crazy yeah so I went to please okay so I go to Mike Michael Phelps Instagram and I'm like what the [ __ ] like there's something super crazy what the [ __ ] is Michael Phelps doing promoting doing a paid partnership with who no way Pfizer with Pfizer so here you have Michael Phelps saying I'm doing a part a paid partnership with Pfizer says add hashtag ad and what what does he categorize himself with it wasn't until recently that I learned my struggle with depression how many people have depression right so it's a big blanket statement the next the next character right use this chick is that the Lindsey Von lady no look at the oh it's pink yeah so you have pink and once again it was a paid partnership I mean they're getting Pfizer and what does she say uh she says unfortunately I was unaware uh of this for the first time when I got covid-19 what was she unaware that she had asthma her entire life how many people have asthma right so it takes all these different people to promote different kind of macro scenarios it's like my medic design it's like what the [ __ ] dude if if this was such a crisis why are you running ads it makes no sense people should be running to the stores if they if if people were dying and falling dead right next to you and it's kind of in America isn't it it's a tricky situation brother pharmaceutical ads yes America is really really bad I think about I think about 60 to 70 percent of people in the United States have chronic illnesses whereby 100 years ago it was sub ten percent this is like I believe in this because it's like my medic desire like humans are mimicking creatures if I see someone do something I think it's cool subconsciously I'll start like doing that same thing whether it's the way they move their body the way they said something tonality like that's how we learn as kids we're just copying our parents movements so that theory makes a lot of sense and so if you guys don't see this stuff you don't understand what we're talking about because you don't even study psychology you haven't studied human behavior you're all on Tick Tock you're all distracted all the time and I think that that is the best skill the reason you are on Tick Tock is because somebody understands the psychology of exactly of a 13 year old and Tick Tock is designed to keep you on that decision when you scroll to refresh and you slide your thumb down it does the refresh it's supposed to mimic when you pull the roulette right in the casino because you don't know what's the next video that's going to pop up right so you get a dopamine hit so every time you swipe down like the casino machine right dopamine hit dopamine hit doping you are literally not addicted to tick tock you're addicted to dopamine hits and if Tick Tock had their best interest in mind or all these other social media platforms they wouldn't be hiring psychologists to figure out how can we keep people on our app but I understand but I understand the business side of it right tick tock is competing with Snapchat Snapchat is competing with IG so there's a dictionary Duty you know there's a lot of technocrats right or or heads of these big companies that don't necessarily 100 [ __ ] with the other companies or they want to be the top dog so you have a lot of rivalries and I understand the capitalistic side of it but we also have to be able to address the other side of it okay this is what great segue for what we'll talk about so one social skills I think that's gonna be the most important thing because everyone's diminishing that if you study psychology study persuasion study how to talk how people work make people feel good when they interact with you that's going to be very valuable when AIS doing all the crafts are the hard skills but let's assume that AI is doing all these Blue Collar White Collar doctors lawyers everything they can diagnose you to the T no debate we all understand they're better so in our society right now a lot of money is made in inefficiencies in markets based on these skills and the reason a lot of people are incentivized to pursue these things is so they can make money and money gives them status okay so let's say we're on a universal basic income AI is doing everything we're all paid four thousand dollars a month how do we gain status by so status I think it's an important one I think status is earned by doing things that most people can't do okay right so if you look at for example Michael Phelps he's used on the ad of Pfizer why because he's a person of influence why is he a person not swimming exactly so he has 25 plus gold medals right so he's a person of influence but what drives you to be that good of a swimmer if there's no money monetary gain I think solely status I mean admiration I mean that's that's the assumption that everybody does stuff for money like if you look at these guys that are paragliding for Red Bull making three grand a month yeah just like going crazy through like they're doing out of straight passion so I think um there can be a utopian scenario where every it becomes like a Renaissance and we become an artistic culture or it can become a dystopian scenario where we're literally just running on universal basic income we are monitored and controlled like cattle and we go into a pretty nefarious uh future it all comes down to us right and that's the reality of the situation there's players on both ends there's bad players but there's also good players and good and evil is also once again uh an iffy scenario because what may be evil to one person may be phenomenal for for another guy right so a person that comes from a country or background where globalization is normal right the entire world economic Forum davila's agenda that's taken place is okay it's normal it makes sense then but if you come let's say from the United States and you're like I'm a freedom dude I like slinging my guns right I like shooting uh uh in the range I like going hunting I like fishing I'm doing whatever culture yeah [ __ ] globalization right so I understand that perspective as well so this good and evil is also a spectrum of of perception and I think we also need to be careful with that I think we need to have these conversations and these platforms need to enable these conversations in a in a way that is healthy right because if you don't do it people will dissent because people are not stupid and I think people are waking up to a lot of uh the realities of how the world work works and I think we need to do a better job at disseminating this information in a way that is on unbiased and we do that by looking at things from multiple perspectives and not holding on to your perspective as the ultimate truth so important yeah so I was talking to this with Arlen Moore on Twitter last night and there's like two routes you could go I feel like like we could either a the metaverse happens we're in VR worlds where we can achieve status in this digital world and our everyday life is everyone lives like pods it's the same all your Essentials are taken care of or we go to the artistic everyone's just doing it for the purpose of the craft but even then how many people could be okay there's still needs that's still like now it's 0.0001 of everything yes now but that's based off of how people are raised in culture but that's based off of how people are raised in culture if you actually think about it if you look at the American school system right it's based on the Persian school system to develop what soldiers and workers so if you look at uh how the school system is in the United States dude right now Google some videos on just put High School cafeteria it looks like a prison 100 it looks like a prison you're under fluorescent lights you're concrete walls the [ __ ] you do in a concrete wall why are these kids not going outside small cost budget like but it's not about that it's about conditioning right it's about conditioning because there's somebody that's dictating the books that are being I want to make this clear the person you're talking about is the top of the top of the top person every other person like people in the organization people in The District board people in the state yep they probably have good intentions and they're just doing what they think they're they're doing what they're told and that's how most people operate right most if I talk to a ton of people a lot of the reasons they do what they do is because there's repercussions in their real life if they don't abide yeah so and they're self-interested and that's where I think entrepreneurship is important that's my philosophy on entrepreneurship is entrepreneurship is the lifestyle of Freedom right and you don't have to be out here making 50 Grand 100 Grand a month a million dollars a month to live the life of an entrepreneur but [ __ ] you if I want to do something and I can't do it because you're gonna fire me right because that's not freedom I could never exactly and but most people have fear and the fear is built up in the system right where does it where is it built up the fear of failure as soon as you're a kid you're not encouraged to fail you're reprimanded you get an F you imagine calling a child a failure it makes no sense it's absolutely ridiculous so every every time in their life they're conditioned that if they don't listen and obey the rules they're failures so what happens if they're about to break out of the mold and go work their their own company building dude the pressure is massive but that's all conditioning but imagine the school system was now based on like a Renaissance artistic self-development pursue your Highest Potential kind of Greek ecosystem now your condition Society to operate that way but you know there's a I think his name was Yuri I can't pronounce his last name but he was a former Russian spy and he talks about you know how Russia infiltrated the the American school system and uh the university system and that it only takes 15 years to recondition the population right so you also have to understand that there's yeah that's optimistic that there's other people in uh with other agendas in other countries or in your own country that are working really hard and are extremely powerful to see their narrative come through and there's a lot of budding of heads and that's kind of why we see all these clashes in the world take place it's a it's a big ego battle for power and dominion over over over Humanity that's the truth damn okay one last thing on the skills if social skills are a thing my favorite thing about you has always been how articulate you are how excited I am when I listen to you and your body language and everything how conscious has that been how strategic has that been where do you think that has been developed from so I was I've actually been doing like I used to I started with doing Instagram lives I would do like four hour Instagram lives with like 20 people watching me and we would talk about like the stuff that I talk about today right I've been talking about this stuff since 2019 2020 and I think it's just practice that's the first thing the second were you social in high school like were you like no generally no I only had like two or three friends like I kind of did my own thing I played mostly Sports I went outside I did kind of like my thing with my brothers and that's pretty much it like I wasn't very much you know I'm not a party guy I kind of do my own thing and that was kind of like the entire scenario but I think in some way shape or form that was beneficial because you don't have certain levels of distractions uh that allow you to kind of level up and that level up is what allows to um to develop skills like oration or thinking because thinking itself is a skill so a lot of people are on autopilot and they don't use their thinking they have the most powerful processor right available to them and they're not using them I still believe 100 the human mind is a lot more powerful than any sort of AI because you can not only tap into what is this Physical Realm and your your Consciousness but you can tap into ethereal Realms and you can tap into different realities and you can tap into different frequencies and I think that that is also extremely important because you're in a situation now where people are running autopilot and I think if you can develop um those skills like thinking oration uh they're gonna come from constant repetition which is extremely important training and exposing yourself to scenarios that are going to push you and push you to grow it's like snowboarding dude it's like literally the same thing you have to get yourself beat up on the slopes you can't fake it you know it's one of those things like you can't fake certain skills they come with practice and repetition and people aren't willing to commit to one thing and see it through like consistently work on it and become really really good so people gotta stick to to some Lane and like you said bro ai's one of those lanes that you better get on I think for me I read the book Great Gatsby and his like he was like down bad when he started but then he like consciously studied how to talk how to like phrase things how to actually like persuade people and for me in high school just seeing that he had to consciously try to become better and to learn that thing even like it sounds so dumb but like flicked was flipped a switch in my mind like I should be consciously learning specific things that I think I want to be better at because I want to be better at it where school is giving you like a list of what they think you should be good at and most people just hate that projected but they want what they want you to be good at what they want you to be good at because you are human capital so you're an Expendable resources this is why I this is where we put I push back okay tell me everybody in that school system is being manipulated 100 so you can't these people are going to be like you're they're going to go to their teachers and be like you're the Matrix But the teacher is just doing what she thinks is best because the principal thinks what he's doing what he thinks is best yeah but it's very much evil is way higher than these people actually even know that for 17 and 18 year olds I think it's more important to focus on actually self like just motivating self-learning I agree with you I agree with self-learning and your ethereal stuff too I you know you get that because now you have millions and you can do you have the ability to learn about I understand I understand there's a process aren't there yet I agree I'm just kidding but here here's here's where I would like argue the the thought of because you're ignorant on your act on the result of your actions you're not guilty right and I think that there is a level of responsibility that as for example a teacher you need to understand that as a teacher you're there to educate dude all these teachers have great intentions brother [ __ ] amazing people exactly but that doesn't mean that the curriculum that they're teaching is good but they're not conscious enough either because they're in the Matrix understood so so the point is that's why I don't say people that's why I say the system because it's fundamentally A system that is designed by not one person not two people it's something that kind of like you said people see monkey see monkey do and it's just a repetition of a cycle of snowballing and your environment and the 100 around when your parents don't have a great life it's a big it's a big of every knowledge I would have got a degree that my life would have been way better and that's what the associate their dude imagine all these teachers right they go into debt 30 40 50 000 to go make Thirty forty fifty thousand most of them they're [ __ ] passionate I have great dude my fifth grade teacher was amazing right she was out there hustling I went back I visited her a decade later she was still teaching fifth grade right so boss absolute boss yeah massive respect but now the question is where did you get the term hero from you were told teachers were Heroes you were told that it was so true and it's still in me and do you perceive them that way when in reality the second or third largest cause of deaths in America is medical malpractice right so that you call them you call them Heroes because you're told to call them Heroes when in fact they're just people doing their job we are supposed to question how people do their job I think we say that they don't get paid very well and they're like serving others yeah okay that's a big thing that's a big thing I think teachers should be paid extremely better that is 100 sure more so I feel it should be like there should be less teachers and everybody should be learning from the best people in their fields essentially and then you would centralize information too much that way I agree but at the same time how like there's such a the levels but just imagine the amount of philosophies around the same topic dude but imagine the but like for elementary school like I get that and it's dangerous like saying the Pledge of Allegiance every day like like that's not it's nuts but total tangent but the just the level of quality of teachers in lower income areas in areas and higher income private and public like there's a lot of disparate there's discrepancy is huge on the quality of Education yeah and so and that's all on purpose that's 100 on purpose dude everything is on purpose I get it I get it I don't think it's that evil maybe I'm just an optimistic guy you are an optimistic guy I'm I'm an optimistic guy as well that's why I'm so focused on making sure that these 14 15 16 17 18 year olds when they get on YouTube which is the other half of their day talk about this yes that they're listening to another voice in another opinion and it's it's for them to understand that it's literally just an opinion and that their goal is to gain as many opinions as possible to be able to form a world view that sustains and elevates their fullest potential wait whether it's Luke or it's not Luke but it's YouTube YouTube is huge we were the first the reason I am where I am today is because we are the first generation where we had computers day one we had internet day one and we had YouTube day one so in second grade if I had a question I could YouTube it if I was curious about how to play a certain video game and learn a certain hack I could YouTube it if I wanted a life philosophy ancient civilizations any conspiracy I could YouTube it if my parents wanted to learn any of that they had to drive 30 minutes to a library sort through 7 000 books pick three read through 300 pages to answer maybe one kind of in the same context that's how long it took him to learn one thing where we have been since the start of our brain development able to use YouTube so point trying to make if you're a kid or you're in a high school or trying to be successful you need to be self-motivated to learn and learn everything you want on YouTube and make sure all of your friends are doing that too do not rely on the school system you're not doing enough yes but then also understand the algorithm also understanding that YouTube is washed right like the the videos that are allowed on different social platforms like when you hit any any term let's say you hit entrepreneurship skills to learn the hard skills life lessons yeah okay okay I understand okay yes then you could learn any any hard skill you can learn on YouTube any trait you can learn on YouTube like you could learn how to become an electrician a plumber a mechanic find people that have that problem an orator like you can become when it comes to skill base you can learn a ton of stuff on YouTube video when it comes to the physical reality 100 now if you want to talk existential stuff in the system and all that [ __ ] no not even bro don't go to Gaia don't go together go to uh go to you know you have to do your research you have to go to multiple platforms you have to listen to multiple people and books are also important because what we also need to understand is that we can't just rely on other people for information for them to take somebody somebody learned that information there's an agenda some of these pieces correct so somebody learned that information and they kind of re-framed it and put it in a way that suits them Their audience and things that's my YouTube channel we were talking to the other day I learned I listened to the CEOs of AI companies and say it so normal people can understand it yeah and the and the goal and the goal is to have that but to also question those creators and to question those trains of thought and the same thing is with teachers but if you study psychology you read these books you can identify what is it isn't it interesting isn't it interesting that the I like the culture of the internet because it's very raw and it's raw because we're like let's say you I could consider you a a somebody that educates uh teenagers and and mid-adults on Tech trend on entrepreneurship on business and lifestyle I think you let's I could call you a teacher in these things yeah but people can question you and [ __ ] on you if they want to if you were a teacher in a school no you can't you're not allowed to fair enough right you can't question and it's the same thing not only with teachers it's also with parents there's a system and no you can't question but questioning my mom was by my side yeah she come in the room but questioning allows the teacher to improve and it teach and it keeps the teacher accountable right we see so many instances where YouTubers are held accountable for the things they say or the things that they live stream their classes every day like 24 7. like for the kids parents would be interesting but there's a lot of there's a lot of secrecy right now happening between like the the school system and like other parental figures having access to like information and things of this nature like you can in California they passed a law recently that you can literally focus on uh transgender reassignment without parental consent being a minor and the parent doesn't even have to know so I'm not going into this topic so we're not going to go into this topic going to public school but the point is it's there right and people need to be aware when they need to be cautious I'm not here to do it if you want to chop your your little child's mouth so PG this is a fantastic conversation though okay so this is one that I actually really want your advice on because you do know a lot about this field and one I can't comprehend because I'm like a creative person and believe in the best in people but if we're going towards AI takes over these jobs right money is everybody's making the same amount what happens to our current bank accounts what happens to our current money if we have a new currency it's not the US dollar maybe it's cbdc if I have a million dollars today and everybody else has 50 000 every then I'm only going to be able to make four thousand not allowed to make more what happens so the first thing people need to know is that their there's something called the FDIC and the FDIC ensures each bank account 250 250 Grand so these [ __ ] out here flexing 10 million dollars in the bank account they literally don't seem to understand that if there's a bank run oh the banker is never going to happen until it happens [ __ ] it's gonna happen right and you're only going to get back 250 000. why because when you deposit money in the bank you are no longer the benefactor in the owner of that money you've given it as a loan in a right of use right well known to the banks not to most people to people like us okay fair that's why that's why we like [ __ ] what happens to people like us what should people like us do I want to address the people I don't know first so okay I want to address the people I don't know so you have the situation whereby you only have 250 000 insured at any moment a bankrupt can happen and your money's gone so the first objective is to become self-banked diversify self-banked what does self-bank mean is that you do not depend on BlackRock through a 401k okay to be trading basket of assets for you no you should be educated and intelligent enough to build your own Investment Portfolio right [ __ ] these 401ks people were like oh you know I gotta work I got I just want my money deposited perfect that's why the system is there because most people are lazy and that's why it works like it works because people don't want to put in the extra hours so for the people I want to put in the extra hours I guess it makes sense to build your own portfolio the same way we do you have not only portfolio management direct brokerage or no like you get for like your 401k you can extract x amount of money from your from your paycheck go straight into your 401k right and that who manages that 401K investment right these big these big companies these big organizations right so who conditioned you to invest into a 401k TV the exact same guys that are collecting the money for people to invest on your behalf right so you have this big situation where you have these Bank runs that take place every 100 years do the research do the history money is extremely new like how we perceive money this fiat currency this current format of Central Banking is extremely new 1971 we left the gold standard we go into full Fiat mode right what happens what people don't talk about is that the president in 1971 he did a recall on gold and he told everybody right it became illegal to own gold it became illegal in the United States of America to own gold you could own up I think to like five to seven ounces I don't remember the exact number and then you had to sell all your money all your gold back to the government for a standard price a standardized price and this was to stimulate kind of like stimulate the economy when in fact it was stealing because anybody that can create money out of thin air and print it it's called what what is it called when you take the money and you print it out of the near inflation I don't know no what is it called give it to me you know it you know it printing money when you print money out of thin air I don't know it's it's uh forgery well I'm never gonna get that when you forge money you create money at the near and you go to prison okay okay right so you forge money uh you go to jail okay but the Federal Reserve they can print money out of thin air and what happens they're forging money but no there's no consequence because they're the ones that control the money supply therefore they control the world that means it's useful for me to know this but I don't know what the that hell I'm supposed to do with this information that means that money in your bank account isn't yours so first of all I made a tweet so I'm going to break it down for the the newbies but then also for the people are in kind of like our category up you need to have a basket of assets right so for the people that are higher up you need a basket of assets what are the basket of assets you could tap into you can tap into Swiss Francs Singaporean dollar that are you know a little bit more stable than the US dollar gold uh silver physical right would we say Swiss Francs out of all the currencies in the world phenomenal question uh very simple they've up until the Ukraine situation uh over the last hundred years they've stayed neutral right and it's one of the countries that has uh been known right to protect yeah its uh customers and if you can manage Swiss Francs that have I think they have the lowest inflation in the world as part of your portfolio uh I think it would be good to uh diversify from the dollar of uh from the dollar and the risk that's attached to they have a good smart contract okay they have a great smart contract uh because they also have really good banking privacy laws so people deposit all their money there and that's Swiss Francs Singaporean dollars emerging country uh very low debt and a great GDP it's very small um but I think in its current format it is one of the financial and technological hubs in the world I'd definitely be comfortable putting my money there and diversifying that you're essentially betting on the countries like strategy and their in their lifespan right right so the US I believe has a massive lifespan people like the us is going bro people have been saying the us is going down for the last 200 years right there's it's it's chaos it's it's the final Armageddon every time people are around right dude can you imagine World War II what it was in like all around the world people were probably [ __ ] tripping it was literally the end of the world so that situation is going to happen again but it we need to take into account that the United States doesn't only have the dollar they have the biggest military power in the world and with military you have Force yeah and with Force you have power and you can exercise that why do you think they spend so much on the military right now because they need it is because they need to unders they understand that dude if it's the fan we got the military don't [ __ ] with us right and that's that's how America is going to end up playing but just like Rome that tends to be the last facet in the last phase is military force and it's Brute Force it's your kind of last hurray so I don't know when we're going to enter that stage but history repeats itself and it Rhymes extremely extremely well so give me that rhyme is it cbdc cbdc's 100 uh and then what happens to existing money existing money so My Philosophy is that let's say it's going to be a one-to-one transition they'll call it like a one-to-one pairing to whatever currency then earning power changes earning power changes maybe the earning power doesn't necessarily change but spending cbdcs are Central Bank digital currencies which tell you what that money is not the money of the people it's the money of what the Central Bank what does that mean they set the rules on the money money becomes programmable so at any moment right the head of uh the bank of international settlements he said the money that that we're trying to create is money is going to be programmable right which means at any moment if you question the government right we can freeze your money for the next two days or you already consumed your you go straight to the most evil or use cases bro because it's what's happening do your research I'm like dude it's great I can just like go to a store don't even like scan my [ __ ] items but you can't go out like I'm excited but here's the thing brother here's the thing about they're gonna freeze your [ __ ] and you're going straight to prison bro what I'm saying is what I'm saying is the Trojan Horse always comes in as a gift okay it makes sense and we have to talk about these these scenarios because the world is worse than people think but it's also extremely good but we need good people leading the world we need people that actually give a [ __ ] on more than just their family name and their own reputation and their own bank account right so like what are these scenarios we're talking about you know carbon credits and this entire like Greenhouse emission and everybody has their carbon footprint what happens when you exceed your carbon footprint no more food you've exceeded your carbon footprint and they'll tell you the same narrative which is what it's not about you you need to save the environment save the environment and take care of everybody else if you look at the history of climate change go figure out where it started it's very interesting I know exactly what you're talking about and I agree with you on this one but at the same time do not like you're going to war with these people I'm not going to war with anybody no I'm not like you're you're building an audience and you're telling people to like actually look into this stuff and wake them up but that's okay and if you get a big enough audience you're gonna threaten them and then they come after you so do you are you trying to go no brother the only reason we have this information is because they allow us to have this information which is why it's called the Great reset for a system they need to reset the system people need to understand that this current system is broken in order to accept the new system I mean it makes sense like exactly so the reason the information is out there is they want that information out there Carl Schwabs doesn't just write a book called The Great reset right for no reason it's not a conspiracy you literally wrote a book titled that it says basically his entire Manifesto so you have these people that are telling you hey we want to reset the system for XY whatever reason right look into the reasons see if if you if you [ __ ] with it or not I'm not dude do you think I'm out here going to fight with billionaires I think I'm out here going to argue people can do whatever the [ __ ] they want but this is the information now look at every other source of information in every other opinion I have a ton of people that would disagree with me be like hey globalization cbdc's are really good uh Central Central uh you know centralized kind of uh everybody gets their paycheck every single month and don't [ __ ] with us we own everything and you'll be happy some people they have said that some people might accept that as a lifestyle and and you know what I'm not there to converse with those people but I'm not here as a savior or any of that type of thing I think I'm just having a really good conversation with an intellectual person oh I'm not talking about here I'm talking about your wild ass videos go watch the other ones if you want to see them nah bro my videos are my videos are chilling I just think that like if your waking up people to this then you get a certain amount of audio I mean we're seeing it happen to somebody right now that that is a threat to your personality or your personal lifestyle but I don't even want to talk about that right now I really want to go back to objectively what does because it's going to be fine for the everyday person like 50 like everything you're talking about the Matrix will still exist I kind of like the Matrix The Matrix is goodbye here's the thing bro you like your Matrix yeah you like your Matrix if you were if you were if you were in the Congo if you're in the Congo right now and you're mining uh Cobalt and lithium you wouldn't be [ __ ] with that Matrix so you just you just our cbdc's like gonna hurt them the most I have no idea bro I have no idea about how this bro somebody's got to be out here mining for the iPhones way above my pay grade right mining for the iPhones the iPhone that you have was built with slavery right the clothes that you have with with slavery on Ubi robots yeah probably probably something something that automates I don't know go watch straight Wally bro straight Wally there's a lot of movies and this is all predictive programming they're conditioned they're showing you what Society is going to be it's so scary dude can I tell something crazy look this up when you when you turn up when you turn on a Tesla look at the camera okay when you turn on a Tesla there's something I think Tesla's [ __ ] right it's a surveillance car that shit's 100 damn it dude another one they're a data company I have no idea what's going on in this world bro brother go on finish brother sorry Elon Musk is like Lex Luthor he wants to implant a chip in your brain he owns the internet the satellites on the internet he owns your car he owns your Wi-Fi now he owns your social media platform and he owns the AI and he owns the information that's going to feed the AI and you think dude at any moment they can blackmail the dude for doing something that he wasn't supposed to do he's blackmailable anybody's blackmailable brother they're human they're human that's why all these well we'll go into that one but anyways thank you all right so back to the point right so you have these ecosystems that you need to be taken into account and not everything is what it appears to be and the the intentions may start good but in the wrong hands they become they can become extremely uh misused and I think people need to be aware of the Mis of the potential misuse for them to make an educated decision and I think I'm just offering a different perspective I don't think elon's bad I don't know a lot I don't know him I'm not saying he's bad I didn't say he was bad I said he's like Lex Luthor okay okay because what was Lex Luthor doing competing with who Superman to control what the world dude Elon owns the internet he owns a social media platform he owns the AI he owns the brain chip thingy he owns the boring I'd do that Brother people are out here to run the game whatever what do you want me to tell him what am I saying I'm just giving you straight facts bro this video you can do your research link bro what were we talking about I was going to make a point about something Tesla Tesla oh yeah yeah the the Tesla thing okay look up a Tesla right now and there's this there's this thing that happens which is when the car kind of has the the cameras that record if anybody comes up to the car that's what happens it's like a prevention security mechanism you need to look at the dashboard and you know what the dashboard looks like as the Line crossing through it with the little red eye it looks like the the evil character from Wally which is literally the circle all the way down with the [ __ ] line I'm like okay the [ __ ] is it is this is this a matrix coincidence [ __ ] what do you mean stop this shit's real look it up at Tesla could have just thought it was funny bro and it doesn't not like the but the point is the point is Freemasons or some [ __ ] Bro brother brother I don't know I'm not saying it's the Freemasons I'm not saying it's the Freemasons bro I never said once that it was how I take your tone all the time now bro you get so serious look at your Tesla look at the cameras a red line brother there's a reason there's a reason I have camera covers right because your phone is a surveillance system if you have Tick Tock absolutely runs an ad right now that says iPhone it's privacy the [ __ ] it's privacy it ain't no privacy they're telling you that it's privacy but it ain't privacy I mean we all everyone's talking about like in the 70s the house would be bugged now we all put an Amazon Echo that's allowed to listen dude look what Snowden Snowden said we're literally spied on what do you do with that information you know you just keep living in The Matrix exactly you live in The Matrix but here's the reality you have to be aware of that information if you want to level up inside the game the people that run the game read know the rules people know the rules you can learn you see that Trump pays no taxes he did it all legally told everybody [ __ ] ran the loopholes he literally said to Hillary the reason right I do what I do is why because you allow the rules to happen so what you need to do is understand the rules of the game now you need social skills you need to get in the right rooms and you need skills to provide value so you can get in there and people keep wanting to hang out with you because you're fun and you're good at what you do but you want to understand how the rules how the game is played bro you need to understand the rules of the game like there are Unwritten rules on money there's Unwritten rules that information by leveling up boom yeah I agree with YouTube learn get good at socializing I'm big on self-development bro you know I'm big 100 yeah and I know it's hard because when we talk about it now we're like at a point where we can really put a focus on it and everyone's like they have so many little problems that they can't even like fathom it but if you're not if you're trying to be successful you're trying to level up like us like the biggest aha moment I had was if I eat bad food I'm tired if I eat McDonald's I'm tired I can work for like four hours less a day and my mental is not clear but if I focus on sleep I eat healthier I make better decisions I can work longer and I'm more effective and if you put that version of me in a room with four other people I'm gonna outperform them all Baseline even if I was lower intelligence people don't think like that because of commercials because of the propaganda that's the Matrix that I think is really bad that is real but that's that's conditioning somebody did that right somebody put the commercial Warren Buffett did that bro people think Warren buff is this nice dude [ __ ] business model this guy bro his business model's addiction look he owns Coca-Cola dude you think this motherfucker's out here McDonald's every day oh he's McDonald's every single day he needs Dairy Queen every single day dude he owns the companies no wonder he's wrapping his products yeah well I'm gonna eat McDonald's because Warren Buffett needs McDonald's [ __ ] you ain't Warren Buffett you don't own Coca-Cola you don't have to be out here advertising McDonald's who's number one refreshment partnership is Coca-Cola God dang bro use your head use your head bro that's a good PR team though why do I know that I don't even know why I know that but that's like a thing Warren Buffett eats McDonald's every day lives five minutes from his office never leaves his house because the six interviews that you saw is Nebraska because the six interviews that you saw from him right you've built your entire world view off of those six appearances of the people and you need to understand that those perceptions are controlled there's a book called propaganda nobody knows who's this who's the CEO of BlackRock last name Fink they're not gonna know oh last name what is Blackrock they're not gonna know once you get a certain level you don't want people to know Forbes 30 under 30. that's not a good thing probably playing a certain level bro you're a clown if you bro there's they're Chinese people Pride themselves of secret wealth right in the parliament basically run the Chinese Communist Party there's over 100 billionaires none of them are on the Forbes list you see Putin on the Forbes list right you see Putin on the Forbes list it's a flex to not be on the Forbes list there's people that are literally trillionaires you look at the royal family this says two billion dollar net worth or something for one of these Sheiks or these princes dude these people are worth trillions of dollars trillions of dollars and you think that you with a couple million dollars a couple subscribers you're going to change the system no that's why I understand how the game is played but I just like conversing about the reality situation just like I Converse about the other things like for example you look at uh the Emirates are now wanting to do something called like the line right that could be extremely dope or it could be extremely chaotic it could go any any way does sound cool though it depends on the administration right but the citizens are the ones that help keep the administration in check right and I think that if people establish a desire and a little bit of willpower they'll be able to control the narrative a little bit more but like you said you have no willpower if you're eating junk food which tells you that's that extreme I made a lot of money even pains every day I made six figures eating canes every day but what is but what is but what is six figures brother when we're talking about they're when I when I had enough money to sit on you yeah bro four hours because I was making enough money then I had that I could afford that time but what's the pay I learned and then I leveled up to the next 10x yes but what's the Paradox what's the Paradox is that people neglect their health to make money to then spend that money on health it makes no sense why can't you keep a balanced life and check across the entire board I agree if I did it earlier I would be here 100 um wasn't where I am until I was 26 yeah I could have been there 24 maybe like Sebastian something like that but agreed something like that I don't know but I just think the most important thing for people to understand is that like if you're trying to it's all PVP the whole world people are not again acting in your best interest until you need an edge and so either you need to learn more so you need more information you need to access better information so you need to meet new people you need to move somewhere or you need faster information meaning you've met good people who have met other good people and you get information faster if I get a text from you nine times out of ten I'm gonna make money on what you said okay if I get a text from my friends in high school who never moved out they're just going to be talking about going to a bar on Saturday and so like that is the priority number one learn enough information to become valuable then get access to better information and then get access to faster information so as we talk about how to make so we talk about can you contribute dissect the first one on how to make money like how to become kind of like get a skill offer that to someone solve a problem they'll give you cash for it use that money I really don't think you should spend time thinking about investing until you have don't get into real estate because you have millions of dollars bro real estate is slow slow and when you can make a software company with infinite leverage with like 10 grand and it could scale a million dollars and you and if you have a really really cool product and a lot of you guys can make really cool products you want to run Tick Tock organic to it and you test your theory on your product instead of building out a full company now you can go do research and development and market research for free when 20 years ago you had to spend 10 thousands if not tens of thousands of dollars to have a PR firm or a firm that manages uh public relations and social life to do all of the r d for you and that was expensive as [ __ ] ten thousand dollars was like five to ten to really test a product now it's like make a product make a tick tock it could go viral which is what I like about what the social media platforms are doing now is they've come to realize that people people were getting tired because there was no reach right so whatever algorithm changes have been taking place I think are bringing a lot of people back to social media platforms and I I think that deserves a lot of value and opportunity for young entrepreneurs for young cats that are hustling to be able to uh make make some money it almost neutralizes every piece of content like neutralizes like having a bad algorithm your viewers aren't watching so your channel dies it's like everyone you have a chance if you make a good every single one it's like a unique algorithm per video instead of like your channel essentially and I break it down like subscribers the idea of making money I break it down into three steps like how these three are the three qualifiers whereby you decide whether you're going to do this thing or not to guarantee yourself making money in 2023 you need to have three boxes checked the first is you need to be the best at what you do right and that can't be like you have to you have to be the best at what you do knowledge that you're not yeah exactly that to learn exactly humility is actually supposed to be good at the beginning like but it's striving right so become the best at what you do and that doesn't mean at a global level that may be at a regional level that maybe at the level of your District or your audience or whatever it may be become the best at what you do the second is make sure that what you're doing is in high demand right because you need a big audience yes in a big pool of people that or potential Evergreen ecosystem that allows you to have a big customer base and to be able to what scale and expand you can't do that with a small audience so you need to be the best at what you do you need to be doing something that's in high demand and then finally you need to do something that makes you Irreplaceable right which guarantees you what it cements your ability to scale who's going to replace Amazon not possible yeah possible for now ai but they're correct it's they own all the classes there you go so um you need to be extremely good at what you do the best at what you do you need to do something that's in high demand and you need to be Irreplaceable your your ability I would rework finish that statement your ability to be Irreplaceable gives you the safety Haven whereby uh you can Thrive and you become Irreplaceable by becoming the best at what you do and by being in high demand why because if you're in high demand that means that there's job opportunities and job openings and I know that this is this theory is true because look at the amount of premiums that Facebook and Amazon and Google were paying for software engineers 2021. because they're developing crazy dude the bonuses were nuts they were approaching each other why because these software designers they were the best at what they did they were in high demand and they were Irreplaceable which means they you need to pay them bonuses to keep them around so I would on the Irreplaceable I'll put it in a different phrasing than how I like to think about it it's you're doing you're choosing to do something harder than what everybody else is doing so Drop Shipping reason people think Drop Shipping is dead is because anybody can do it really low barrier to entry sounds really easy to get a product do a tick tock video but people don't understand the depth of which each step you need to go into to actually be successful at Drop Shipping you can be successful at Drop Shipping is it the best model no you want to actually get the product yourself have your own Warehouse so you can get higher margins but within that discipline it's not like shipping a product making a store and then running an ad is well Drop Shipping isn't the skill if you're learning the copywriting of the landing page correct psychology read these books Marketing sales fulfillment Administration eye-catching first five seconds of your Tick Tock so the algorithm hits what do people respond to do they respond to an explainer video because you have an older demographic or is it an 18 year old kid who just needs instant dopamine deep fried memes like the most ridiculous sound design like you have to be very conscious of who this would be for where they live what gets their attention they get to a landing page how do you convince them how do you show them that this is their problem this can solve it like there's so much [ __ ] depth to each level I agree and people just think they're going to make the store running out and that's why people are like that's nice what's what are the best to kill what are the what are the best niches to drop ship in 2023 the best niches is pick up a damn book [ __ ] yeah that's so funny dude the [ __ ] you doing you think do you think I'm gonna answer your [ __ ] ass DMS and give you years of experience for free when I don't even know you you're not even my boy I would never in a million years you're not even ready for it and that I think is part of uh why Drop Shipping is harmful in a lot of online businesses are harmful right is because the barrier to entry allows people to reduce friction which is goes back to my initial Point your ability to think into process information differently than other people's what's going to give you an advantage the reason I did 16 million dollars in 2019 right 2019 2020 in in Drop Shipping was because I thought about things differently so when uh covet rolled around and masks were like the hot thing in hand sanitizer with a hot thing all social media platforms got together and banned them on the advertising platforms why because the margins the margins were stupid people were selling masks for like a hundred bucks like just price gouging was disgusting if you had the supply you just correct and what did I do I was like well I'm not going to go against terms of service I'll get all my ad account shut down so what did I do I thought I was like hmm okay maybe I can't sell it to people but the fear and kind of the the entire narrative is still in people's minds who else is in their home that they extremely love that isn't a person they're pets so I was like okay let me redesign uh sanitation and house cleaning products for pets and I ran up the [ __ ] craziest extra little touch one extra little niche the same products marketed to a different pocket to a different audience in a way don't you and things it's true right because the products were uh eco-friendly they were they were bioavailable foundational 100 yes so they're extremely good so one of my criteria for product research is the product has to work right and that's extremely important it's kind of rare or not you cannot scale because I'm not here to do 50 000 on a product dude I'm here to do five million dollars on the products four million dollars I had the the 10th or 12th biggest ad in in like Facebook history at that point I think I had like a quarter quarter billion views in paid traffic like I think it was like a hundred thousand comments that's impressive something really crazy so what I needed to do was make sure that the product was quality and that it was good but I marketed the word of mouth is literally what pushes it past that essentially agreed and that's what people don't understand about the ad platform is that the ad platform needs to push to virality if you if your business is only sustained by ads you're [ __ ] that's just the test to see if people will spread it organically exactly so that's why Drop Shipping I personally I think dropshipping was the best first business to start because I learned what the steps were because I didn't even know that you needed to like make a funnel or run ads or whatever and so I learned the whole steps but then it gets really easy to protect your ego and to fall in the Trap be like oh this ad didn't work I need to get a different product so I need to test 100 products but it's like no you need to test like every aspect test ad test the video and just make it better instead of just defaulting to the product or the business model and like giving yourself a cop-out so I don't think dropshipping is the best thing to start but I do think what would you say is the best thing to start in your opinion I'm gonna turn this fire thing on it you want to turn this fire thing on I don't know I I teach future Technologies which are not the best to start in the short term like nfts are going to be big in three to five years in my opinion or maybe less so okay back to my question AI but again AI Arbitrage yeah but you have to still there's you have to know how to hire developer you still have to know how to Market something and so it's like the best one to start is just to start something like I think it's a heart like if you're literally flipping physical hard skill that you can sell to people in your social network in the first place okay so a service video so a service to make enough money and then in your free time start testing and what I would say also bro is get a skill that'll put you and do extremely valuable rooms be in make sure that the skill that you're gonna get is in high demand that you're the best at what you do and that you're irreplaceable so get a skill within those all three criteria I think that that's a high level that Nails it but you have to understand how much depth there is to each level and if you're doing the service approaches your first business AKA like video you can pick up a video shoot I think people have the wrong opinion about entrepreneurship bro there's so they're still microwave they're microwave mentality top but if you're doing a service and you're making money make a thousand a week that should be your first goal just when I was shooting videos I would just listen to podcasts or audio books about psychology about sales about how to talk to people or anything I was interested in and so it's like you're doubling up I'm actively getting better at the skill meeting people so I'm practicing my social skills selling them on my services while also simultaneously learning while I'm doing it the whole time I'm editing videos podcasts podcasts podcasts like you can learn from the best [ __ ] people the reason I was my AI videos are doing well because I just watched literally like I said earlier all of the CEO podcasts two weeks straight didn't do any work just learned and then I could pick up what they were putting out and then just say it in an interesting way and it just clicked for me so I just made videos faster than people because that's and they're fire bro and that's because I just spend time learning yeah and then I can be out in the world selling videos so I can talk and I made videos for years so I got good light and I can do it fast I got good lighting here it's all a compound of like video guessing the lighting is good I haven't seen the the camera but I trust you bro I like dramatic Moody lighting and I only could bring one if I could have had a choice I would have had like seven here but symmetry is good backlight makes you pop Rembrandt nice triangle your face yeah good vibe I'm good bro I just flexed right there but yeah I mean do you think there's a first business that would be best I think it's so subjective I'm big on I'm big on what are your advantages so you're so you're you can sell in three different departments you can sell physical products digital products and services most most things fit into one of those three categories physical products digital products Services let's talk about about the pros and cons of each one in the next 60 seconds pros and cons of services Services it requires a lot of Sweat Equity in hours no scale it is scaling is extremely difficult unless you hire people but easy to enter if you want to let's say mo grass if you want to do plumbing for yourself things of this nature it's extremely possible to make money in that Avenue Services as possible but you're also a slave to your clients we'd talk about a lot about the social media marketing agency stuff um that's also you're you're like a slave with golden chains because these guys if they want to call you at four in the morning and they're giving you four grand five grand retainer in the morning these [ __ ] they want answers and they're done that right so you also have to look at the headaches and the cons on that side uh physical products cons supply chain is [ __ ] across the world margins are extremely slim if you're running paid traffic I would say your cost of goods should be 25 percent uh off of your 100 if it goes past that there isn't a lot of margin for error and then people need to take into account not just margin of profit but margin of error because there needs to be kind of that area chargebacks uh broken products Supply anything that happens it's like you're maintenance out of your control yeah correct so you need that buffer uh the the pros with it is that you can literally pick up Tick Tock organic yeah and you can sell a product it's never been easier but you have they're they're the nuances there you can get it later correct everyone can do it now correct exactly so the different game the the sustainability goes back to what we said thinking right and that's where the advantage is going to come and then the final one is your digital products which are extremely good people running info products dude fast is the answer dudes it could be but there's a lot of people that can't go SAS but let's say you're you're you're ripped right you could literally start an Instagram account a tick tock account and be making 10 grand a month and after a year yeah just running an info on digital how to build a physical body that is that is phenomenal right so you can have but you have to have that skill first correct correct but these are the three Avenues and sales that you can approach for sure copywriting but they all apply across the board but within these three Pockets you can find your Avenue physical products digital products and services pick one attack it and get extremely good at one I was focused my my entire life on physical products I've I haven't done info products I haven't done anything in that Niche and right now I am going into digital products because I want to get really heavy back into crypto you know right now I don't [ __ ] with crypto I don't really like the condition of it but the thing is if I want it to change I have to change it because if we don't take action then who's going to right like why the [ __ ] wouldn't I go out and potentially create an exchange that actually holds the customer funds that's the whole purpose of crypto yeah you know like why the [ __ ] would I be fractionalizing my customers money why couldn't I just be responsible and just make money on trading fees or whatever it is that I do or listing tokens so the point is there's so much room in the ecosystem of services and digital products as well which is kind of why I'm transitioning out of physical because there's tightness and difficulty there and friction and I hate friction 100 uh to more into digital products and exploring kind of the Internet space software infrastructure like web3 specific smart contracts different standards learning and you guys are closing and you guys are closing okay I'm not talking about it but you guys are closing you guys are building super close ties with industry leaders based off of the information that you've developed and the skill sets that you've developed in this decentralized space which is really crazy we want to make the change we want to set the standard crypto nfts horrible reputation for what the outside is but the underlying technology huge problem solve so that's why I think it's the best one to be in because it's digital ownership no bigger scale in my opinion Ai No bigger scale when you talk about size of the market those cannot find two bigger markets than that and then they're also the most high leverage you can be if you can productize and make software packages out of them so that's what we like to work on I agree but it's going to be big three or five years before we see that but it also takes you need money for example like you guys probably have mad Dev costs close to six figures yeah it's crazy right so not everybody can do that and I think that SAS is is dope but if you're not a tech a tech like CEO and you're like the marketing CEO or The Branding CEO usually you want to have uh something that balances both ecosystems out you need somebody that pushes products too because when we're talking Drop Shipping correct the Jack of all trades you have to do all the 10 correct which is difficult to do when you're doing software it's like it's kind of [ __ ] crazy once you have enough money you once you're making 50k 100K a month you take all that money and you hire the best copywriter the best ad writer the best media buyer like that's what you do and that's how you get to the 100 million and it's and it's getting to that initial place that's why so many software companies go into funding and raising money Irreplaceable that's why they pay so much correct yeah full circle okay full circle that's how we work right that was a fun ass conversation I had a great time we got to do it again again 100 we have to do it for my channel that'd be fun okay cool well hopefully you guys enjoyed that check out Luke Belmar it's pretty much at Luke Belmar everywhere right and you're crushing the new content bro I'm telling you I'm proud of you bro are you going crazy all right well guys if you're interested in AI I'm your guy web3 I'm your guy taking over the world leaving The Matrix ladies and gentlemen thank you Brett thanks for having me brother appreciate you g

Channel: Brett Malinowski

Views: 584,348

Keywords: luke belmar, how to make money online, shopify podcast, luke belmar crypto, luke belmar fresh and fit, luke belmar sneako, andrew tate, luke belmar interview, luke belmar dropshipping, how to make money online 2022, luke belmar secret, stock market investing, capital club, how to make money online as a teenager

Id: 3B-qQ96ytqs

Length: 67min 9sec (4029 seconds)

Published: Thu Feb 02 2023