Scott Galloway Tells All - $100M Net Worth, $4 Trillion Business Opp & Career Advice

I look at this category and how much money is in this category and it's gonna happen. It's just there's never been a business. There's never been a carcass. So tempting, so bloated swimming. So slowly, I feel like I can rule the world. I know I could be what I want to are. We just ask Scott Galloway if he was 25 years old again, what businesses would he start? Because this guy started, I think nine businesses.

Sold one for over 100 million dollars. And we said, if you were 25, what would you do? What are the ideas? The opportunities, the transit you would take advantage of and he gave us two answers. He said, if you had no degree, no college degree, no fancy education. He would do this. And he said, if I had a fancy degree instead I would do this other thing. Very cool to hear kind of where his head's at the small opportunities and the big one, what he called the the multitrillion-dollar carcass that he can't believe nobody has has disrupted yet. And on top of that, we add

About his finances. We talked about when he sold his companies and made his first few million bucks and then tens of millions of dollars all the way up to what have we got over a hundred million dollars, how he lost it along the way. And what were the key moments that allowed him to reach those Heights with his, with his own finances. You know, I've seen probably 100 interviews with Scott Galloway and I never heard him, reveal these numbers or talk about this so openly in fact at one point he goes, I'm naked here. I'm naked here guys, you got to tell me something. And

so very, very good interview

with Scott Galloway, enjoy. But you know,

We're not Scott Galloway, we don't have a hundred million dollars in the bank. So, first, a message from our sponsor

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Welcome to the Pod. I've been, I've been listening to you for a very long time. I was a fan of yours starting. I think with L to the No Mercy, No Malice videos and the reason I've liked you is I find myself. You might be 15 or 20 years older than me, but I find myself looking up to you because I think we have a lot of very similar characteristics, which are erectile dysfunction,

not yet anger, depression.

I have hair but you're pretty buff. You might be buffered than me. I'll admire you for that. Thanks for that. Like you like to post shirtless pics and I like you for that I do. But you're very hard to Peg down politically your kind of like all over the map when it comes to that you also you have beautiful language. I'm a big fan of beautiful language. You've got beautiful language, you're better than I am. But I look so I look up to you for that. And you started a bunch of really amazing businesses, but you're kind of known like I've told

We did this episode where we talked about your personal finances, where you talked about spending two to four hundred thousand a month and people are like, I don't know, Scott was so rich and I was like, no, he created a bunch of really big companies, but you're more famous for being like, Scott, Galloway the brand and I think that that's pretty cool. And so you've done a bunch of really interesting stuff.

This is the whole episode by the way, it's just Sam complimentary. It's like a reverse roast actually. So you just sit there and you just get compliments at the end of the hour, you know? You feel good that that that's what.

Happens here. Yeah, so far I just let me say, I'm really enjoying this. It's like a verbal massage. This is this works from a anyways. Go on going south. Well

like I could read these sentences that I'm like that's a beautiful line. I love that shit. I just love how he's coming up with that stuff. But yeah, I mean I think it's like I think it's really good. And what's crazy is you've had a better career as a business person.

Obviously, the key to my success is

Rejection. And that is, I've had a lot of the marketplace businesses Capital providers. Women have provided a great deal of rejection for me. And my skill is my ability to endure that and move on and not let lose my sense of enthusiasm, I've, you know, the ability to mourn and move on as key. And the wonderful thing about America is that we don't Embrace failure, that's bullshit. But we tolerate it and I know so many really successful people who are very successful

Oil. And then they do something on their own or they do something and it doesn't work for them and they get stuck. They just lose their Mojo and they can't get past it. They can handle the bullet to the, to the chest, or the Bullet, to the arm, becomes an opportunistic infection. It starts damaging everything about them. And I've, that's my only skill, I'm obsessed, you know, I'm really into my dog's, I started an e-commerce company. I want to be the William Sonoma pet supplies. I put a million bucks, my own money, and I sold it for like a million and a half.

Made some money. Not a lot. I invested or I started another e-commerce company. I started to travel side sold that for a little bit of money. You know, I've had a lot of kind of and then I've had things where I, you know, I ran into a, you know, drove into a wall at 200 miles per hour. I started coming to Red Envelope which went public on the NASDAQ in 2002 and because I was young and dumb, I kept investing and then I got in a war with the board and I did a proxy fight. I took over the board and put more of my money.

Me in. And then 2008 came and was a longshoreman strike and a software malfunction at the warehouse where we sent 10,000 gifts to the wrong addresses. The holiday isn't a Wells, Fargo analyst, who was like, 14 decided, the credit crisis are coming and pulled out a line. And my stock went from seven bucks this year. 20 in about 11 days and when the company had declared chapter 11 and I lost, you know, I lost pretty much everything. You remember how much money when you felt that Tipping Point where you did feel financially secure not like bulletproof or nothing will ever

Will happen. But do you remember the inflection point where you're like, okay, this feels different than I've felt on the climb. I still don't know. I still haven't hit that point. I'm still very anxious about money. You know, I had and I like to be very open about money because I think that not talking about money is basically a decorum that is promoted by the incumbents in the wealthy. Such that you don't understand how much money wealthy people have to keep poor and middle class people under the illusion that oh,

Oh, you should be paying forty five percent taxes. While I'm paying 17 and I think, I think it's important to be very, I think it's helpful to be transparent and I talked about how many much money I've lost all my investments. How much money? I've gained my tax rates, Etc, but the the, you know, I'm I'm still, I'm not obsessed with money. I think about it all the time. I'm trying to get a lot more. I'm, I'm giving it away. Five years from five years ago. I

I decided I was going to give away every dollar I made in current income because I want to start catching up to the non philanthropic Scott for the first 45 years of his life but I'm still trying to make a shit ton of money. I still feel financially very insecure, I still worry about a recession becoming a depression and I'm the guy who lost it again. I've lost it all a couple times and so I don't feel I'm at that point where I don't have Financial anxiety, I do sleep with one eye, open the big

Did you know, I sold my first company for 28 million bucks. By the time I split it with my ex and my partner in taxes. I ended up with a few million dollars, Red Envelope. I got a few million there, but I always seem to figure out a way to lose it, but I was able to start again because I never had Dad. I've always lived below my means. But I would say the big win was probably selling L2. And I like that. Oh, wow, I can buy a plane like that was not in my reach.

Before. So, that was kind of the big one. That was like, all the moon's long

as the price. What itself or 200 300 million

dollars? No, it's altar, 158 million. But we'd only done one round of venture capital so that, you know, the common shareholders, you know, I was the largest Equity owner. So the top, you know, between me and the top six employees, we probably on 70% of it. So that was that, you know, that was a lot of money for me. I never had that kind of money before.

I'd always done well but I'd never had that kind of that kind of capital. And then getting to invest that in the midst of a bull market we sold in 2017, you know, I've made more money investing actually that I made for my small for my businesses and I'm I got a book coming out of March about financial trying to develop a national security and the ability to create an army of capital, even if it's only 50 bucks a month or a hundred bucks a month, put it in a tax-deferred or

Exhibition vehicle diversify and then let time take over against the above. You don't know how fast time is going to go? That's where I've built real wealth

mean this doesn't. This doesn't make sense for Shawn because Sean is not worried about money at all. He's got this thing that I like to call, like good emotional health, he's very emotionally healthy. Is his parents did, did am well and he's talked to me about this. I sold my company two or three years ago and I made a fair bit another to

makeable shot. I'm like, I'm naked.

Or what did you make? Yeah, let's go, let's go. See you gotta say is hesitant, he's hesitant because he's working on. Okay, go ahead.

At the end of the process, I walked away with about 20 million dollars

that and how old are you?

I was about 30. I was 31 or 32,

so you should be extraordinary, you should be unless you really screw up, you should be much wealthier than I am by my age because to get

that stuff but I still, I still feel shitty, I feel the same. Like I still like I felt awesome for a minute and then I felt shitty where I was like like when I see these world events right now, when I saw like whatever happens every six months, I'm like the world's going to end and I do like 1/8, I'm boring. Sean makes fun of me. I do 80/20 in.

Acts in bonds, that's the only also see

exactly what you should be doing

right now. I think so. And I, and then I own HubSpot stockstill. And then I own Airbnb stock. That's basically, basically my portfolio and Sean makes fun of me. He's like, how are you feeling insecure? And I'm like, dude, I'm broken, like, I'm broken. Like I said, it doesn't matter how much therapy I go to. I'm just a, I'm a broke. Everybody comes to money. I have a scarcity mindset and I'm broken. Yeah, I'm a semi it would, you talk about how you're worth, you know, 100 million plus and you don't feel secure. It showed said,

He's like, what a little bitch like, you know, like I think I'm happy to talk about masculinity man up. You know what I mean? Like, it's and I have the same thing. I'm like, I can't talk. I'll give him

week by the only thing I would say, is just, if you both you guys, obviously super smart guys, and, you know, it's sort of irrational that you're feeling that way and I guess the question I would have Scott is like, like, you know, you actually are financially secure now. Like it would take, it would take a lot for you to get to the point where

you're not able to

Under lifestyle or provide for your family,

whatever, and this at this point. So, you know that that anxiety is somewhat irrational and you're a very smart guy and you clearly like done the self

development work in a bunch of other areas of your life. I'm just

surprised that I like I can't tell. Is it just one of these like virtue signal things where you're like, hey guys, I'm just, I'm still like you, I'm still, I still

sweat it and

I'm like oh is that what these guys are doing? They're just trying to relate to the Common Man or are you actually just not

Like fixing that irrational part of your brain and just being like, you know, working on that like getting it getting it, right, which one is? Yeah. So first off to neuroses is real. It's not a, it's not a humble brag, it's part of a brag, but it's not a humble bright. It's the Neurosis is real, but it's also it's also a feature as well as a bug because I'm all over the people managing my money. I know where my money is, I think a lot about diversifying.

Lying Sam, what you're doing exactly what you should be doing, because you're not looking to get, you're looking to get richer but more than anything you're looking to knock out poor and the mistake I made your age. When I had some wins was I would double down and I would start another company. Put all my money into one thing like you're quite frankly you should be selling down your Airbnb and your HubSpot stock and just letting you don't need the needle in a haystack, you just need to buy the whole Haystack because you've got enough capital. I have a price Target like

I have like a

Over where I'm like, when we get to around this, we're going to will get out of

those. Yeah. But I would a doctor, I'm a larger conversation, but Sean tear. I think about financial insecurity a lot. It is still very possible, you know, there's been periods and economic history, where if you're invested and, you know, you can lose most or all of it. I put a little bit of pressure on myself because in this is virtue or signaling. I give a lot of money away.

So but yeah I don't and also I have a really nice lifestyle but no, they insecurity is still there. I was I was always financially insecure growing up and I just don't know if that goes away but I think some of it is a good thing. I have my eye on stuff, I think about it a lot and it's like, if you want to be good at money, you want to be good at anything, going to be good at tennis if you want to be good at stamp collecting, you need to think about it. A lot, it doesn't, you know, Roger

Thanks about tennis a lot, a lot. And if you want to be good at money, I think you have to have a certain amount of financial literacy. You have to understand interest rates, you have to be thinking, wait, when my mortgage roles in 14 months, is it going to go from Two and a quarter percent to 7 percent? Oh, wait, it is, does that mean I should be thinking about selling it paying off my mortgage? You just if you want to be wealthy unless you're extraordinarily talented at something.

I mean, extraordinary talented and also can live below, your means and most extraordinarily talented. People have a tough time, living below their means. It's not how much you make its, how much, you know, you spend in your ability to create a Delta. So you always save below live below. Your means. Yeah, the insecurity is real, it really? I still am very fearful of being broke. I don't, I don't want to go back there. And now I'm getting to an age, right? I I don't have that much time to make it back, so no, the

Insecurities insecurities

Israel. What helps is that you have cash flow now. Like a lot of startup people you're poor, you're poor, you're poor and then you pour for seven years. Then you maybe hopefully have an exit then you get a windfall and then it feels good for a little while and you're like but there's there's no more income what changed for me. Because this podcast and Sean this podcast has done well is and a few other things we have got going on in our life. We actually have regular really great catch.

Cash flow. You have the same that has made me. Feel better is like getting checks every month and like seeing the balance go up on a consistent basis, the cash flow like there's a difference between entrepreneurs I found between who sell and just make windfalls versus who have a business that they fully owned and they're able to take out income every quarter or every year and having that cash flow definitely makes me feel better. Oh

no. Doubt you always want to be making money and also it keeps you in shape being subject to trying to make as much money as you spend our

Any more at any age keeps you in the market, you have to, you have to understand what the market values and doesn't value. It keeps you. It's how I think it keeps me that an exercise keeps me is hopefully going to keep me sort of young and that is

Understanding how how to, how to create something in the marketplace, whether it's a podcast, or a book, or a talk, for me, that people are willing to pay for Keeps Me In the game, it keeps me in the ring. It keeps me in shape, so I think it's really important to. And also you're right it does, if you let the end of the year, no. Okay. If my, even if my investments are down 20 or 30%, which they were last year, I'm still making on, you know, almost as much or more.

And I spend that's that you do get huge comfort, and peace from that. Hey guys, let's take a quick 30 second break to tell you about another HubSpot podcast Network show called The Hustle Daily Show. You know, every weekday, there's a team of writers of the hustle that break down the biggest news stories to headlines in 10 minutes or less. They'll tell you why you should care about them and it's funny. It's a reverent and it's just touches on everything from business culture news and Tech. You know, they also do deep, Dives on topics, like, why this man won the lottery, 14 X or Y? It's nearly impossible to buy an original Bob, Ross painting or how Taylor.

Literally affects the local economy. When she pulls into a city for a tour, if nothing else you'll walk away with some interesting stuff that you can talk about with your friends to make you sound, you know, smarter than you actually are so search for the hustle Daily Show on a podcast Spotify or wherever you listen to podcast. All right, back to MFM, you know, one of the things we like to do on this podcast is that's different than most is that we ask every guest who comes on about what they're seeing now. So like so far we talked about the past and most podcasts are just about your past budget.

To do it, but we like to talk about Trends opportunities business, what business would you be starting? Or do you see as something people could start now, right? Like, if you go on to go on hot ones, you eat hot wings, if you come on, MFM you talk about ideas and opportunities. That's sort of the stick. In fact, we almost cancelled this podcast because we didn't know if you were prepped and ready with that, but Sam said, no, no, he's going to be, he's good, he's good off the cuff, you'll be ready. What opportunities are ideas? Do you see today that either?

You know, you're tempted to do or you say no, I'm out of the game, but if I was 25 again, this is what I would be running at. This is what I will be working on. This is a problem that I think somebody could go solve. What do you see out there today?

So, first of all, a lot of it is situational, right? Someone coming out of someone with a degree from an elite University, who has the abilities parents will support them and doesn't have a high burn and maybe a partner that works. You know, it's just a lot of it's situational. I don't like it. I'm never like this hustle culture where people say go offer to carry Jeff Bezos bags or have coffee because some if you're a single mother that's just not an option for you so some of its situational. So I'll go through a few situations.

Options. If I'm a young man or woman and I haven't had the opportunity to get credentialed. I don't have a traditional four-year college degree, much lesser college should be formally institution. I think they're going to be a lot of businesses, whether it's carpet, cleaning or gas stations or, you know, hanging and selling draperies into small, Furniture companies that are owned by Boomers. They're going to need transition nice small businesses and these individuals.

Liquidity events and they're just aging out of the business. They don't, you know, they're hitting their 60s and 70s and they don't want to be calling on.

Car washes to sell in, you know, their product or whatever it is. And these are businesses doing between half a million and 10 million a year that have no succession strategy. Because if they made money, their kids don't want to be in this type of business because their kid went to Emory and wants to go to work at Google and I would try and find be really Scrappy about getting into a business. Understanding it trying to find people who own it and figure out a way to buy it. Using that person's capital.

Approach, somebody and say, I want to take over your business, I'm going to buy it slowly over five years and then I'm going to give you a coupon so you can retire. If I'm a credentialed person, if I have a degree unfortunate enough, I would go to work for a big platform. I think we live in an era of it. We're antitrust is no longer in effect. So the big companies, if you were to divide the stock market and to deciles the 10, the companies with the largest market cap over the last 30 years of outperform, the bottom 9 by huge Factor.

So going to work for a big company is vastly underrated, they can abuse their Monopoly position, it will have that mole removed, you will get rich slowly working at Google or it Mackenzie. So, if you're credentialed, you know, we over romanticize entrepreneurship if you have the ability to get into the greatest wealth creating vehicle in history and that is the u.s. corporation do it. But they have security at the front saying, do you have a degree from an elite college? But if you do absolutely go to work for a big multinational,

Conglomerate if you're an entrepreneur, I think that the and credentialed and can raise money. I would say that the intersection between Ai and Health Care. The most disruptive business in the world, is US Healthcare three-and-a-half. To four trillion dollars for out of feet. Five, people aren't happy with it. It's cost of outpaced inflation for the last 40 years. Meaning it's got the biggest chin in the world and I think the fists of stone coming for it, R is artificial. Intelligence where we can take Healthcare.

From a defensive base industry to offensive. I give my grocery receipts, my workout routine, My Health Care, records, my sleep patterns to company, that figures it all out, and then gives me 4 scripted goes on offense Pro active lifestyle, Grocery and exercise recommendations. And I think there's just going to be a ton of Niche businesses and Health Care, their leverage, some

form of AI.

Are there any out there that you like?

Yeah, I'm an investor in a company called 98.6. It does text based Healthcare. It's a private company. So, we sell in to be to be a big, you know, Sam's and Sam's offers for three dollars a month, every employee, or we charging. Three bucks for my inability to text somebody in the day. I says, okay, that's it's a rash. We're getting a dermatologist on the line. They look at the rash using a smartphone and say this is fine. I'm sending you a cream hit.

In. Or with this needs a prescription, we're hitting the pharmacy. And by the way, that that investment I've written down by 80%, it's been really hard. I've lost money so far on that. So I don't want to pretend that this is all easy but I would say if I were young and had intellectual Capital credentialing, I would go into something around Ai and Healthcare and then

men will like that, shocks me that you said that, say that because when I look at, I've done a few Healthcare things and I look at like the landscape, it seems like impossible to like it just there seems

There's a shit ton of Regulation figuring out insurance companies. Seems like the hardest thing there is and even though everyone is frustrated about their setup, this seems like a like a very challenging space to crack into, and of course there's there's huge rewards if you can pull it off but it seemed very very challenging.

I just look at this. I look at this category and how much money is in this category.

And it's going to happen. It's just there's never been a business. There's never been a carcass. So tempting, so bloated swimming. So slowly as USB as Healthcare, we spent thirteen thousand dollars per person. But we die earlier and were obese, and were more depressed. The UK spends six and a half, though. How can the UK and Australia, be living longer and spending half? What we in the u.s. spent on Healthcare, that's just a mother of all chins. It's theirs.

And to be disruption there, and I'd want to get in the way of that. The other thing I'm really excited about and I think it's the most underhyped. I just did a blog post on this. I think glp-1 is bigger than GPT for what's

glp-1, owes a queer. Go to hell. Yeah, yeah, yeah. Which I've tested semi glute a ton. It's amazing. Like I think there's like so many crazy implications on what it could do. Like I think I think it could. I've been saying this, I don't know shit by the way other than my

Stood it and I had drinking problems in the past. I think it could like some help solve alcoholism, I think there's so many crazy things. There was this guy on Twitter, our buddy from CB insights. Was like, what did he say? Did he say that food companies are going to lose money? Because people are eating less, and he said, airline companies going to make more money because people weigh less. He's like, that's how big of a deal. These drugs

are, I was starting a hedge fund right now. I would have a fund that did nothing but go short food stocks, McDonald's. Nobody walks.

Arby's looks around and thinks this was a good decision, no one ever thinks that. And if all of a sudden, I could get an injection or take a pill every week that help me make better decisions. Our instincts have not caught up to the institutional production of our economy. We drink too much. We eat any anytime. We're near Salt, Fat, or sugar, we Gorge because 499 again, 99% of our species history. We couldn't find these things.

When mating, the majority of men have had almost no mating opportunities through history. A small minority of men have had all the mating opportunities and then you're presented with a reasonable facsimile of sex called porn. And there's a there's a decent segment of men out there who aren't working aren't getting out of the house because they're staying home and watching too much porn and they're also not engaging in relationships. We drink too much. I'm addicted to other people's affirmation. My kid is on Snap too much.

This could be scaffolding. I mean, the weight-loss thing is, arguably, the biggest addressable Market in the world, 40% of America's obese. 70% is obese, and overweight. But even bigger than that, this could be the scaffolding on our instincts to update our instincts, to where they need to be within the industrial production that has gone exponential in the last 100 150 years with assembly line. Technology in the microprocessor and say, okay Scott you like th see too much you like out

Alcohol way too much, you're too desperate for other people's affirmation and what people say about you on Twitter bums you out way too much. We're going to calibrate these glp-1 drugs, to help you moderate your Cravings. I mean, what these things do is they moderate your cravings. When your Cravings are getting the incorrect signals from 300,000 years of instinct on the savanna and everybody. I mean, they're finding out they're finding out people on those Epic.

I think 60% less alcohol. They're biting their nails

less.

So the opportunity to update our instincts for the entire I mean the market I'm just I'm blown away by this thing. I think it could be just enormous and there isn't anybody that doesn't have that has instincts? That has a behavioral model that is that is driven by Instinct that is caught up to our world.

I don't care who you are. Have you tried it? I haven't. But as you can tell, I'm ready. Yeah. She's really just injected me digitally. Just now with it, that was amazing. You know how much it costs a month about 1000 bucks a month, right?

It's between five hundred a thousand dollars a month. When I was trying it was 500 a month out of pocket most insurance companies. And I think if you have diabetes, they actually only cover it. I think for a limited time but most people using it now are are

Hang five hundred to a thousand dollars a month. And here's the crazy shit about this drug. You have to increase your dosage every week. So you start with a very small amount and every two weeks or so, you have to increase it like forever. Well, I don't know forever, but over a course of at least a year, you have to. So the like when I first started taking it I would I would test out just a little bit and it would make me a little bit. Sick to my stomach, you know, the downside of there's a few downsides, one is upset stomach, and then after about three weeks, I'm like, all right, I feel great. Let's let's increase it. And then,

Now, at the end of six months, you're taking 10 times, you're basically on a syringe. You got to fill this thing up to 100 at first. You fill it up to 10 and over a year you have to increase it and so you have to pay more and more money. What could go wrong it?

There's a lot of

things that can go wrong with that. Like I've tested. It one downside is I actually don't know if you develop healthy, eating habits, you just eat less

and you lose muscle,

you lose muscle. There are definitely downsides to it. It's not a terribly new drug. Like

I think that these types of things have been around for like 30 years. So there's some studies but like the as it's being prescribed now it's definitely new ish. So there are definitely going to be downsides, but it's super promising. Another one is metformin, which isn't in the same, which isn't in the same category entirely but it's still similar things. That's super interesting. I always think it's interesting when people, like Sam Altman, like these Geniuses, who like see everything, take it, and he's been like, this is the drug I take, I take metformin all the time, so that's super fascinating. So I agree. I think, I think these this class.

Suffocation of drugs

is quite. I mean, I was even thinking I'm trying to figure out the second order effects here and like those moderna stock go down 80% because the reality is see the pandemic, we the far right weaponized and politicized mass and vaccines and decided. Well, if you take them, it means your far left. So, if you're far ride, you don't want to take these things on the far left, we weaponized, and politicized obesity, we did want to acknowledge that 88% of mortalities had one comorbidity at.

There was a obesity-related and we started with this Trope of. Oh, you're not obese. You're finding your truth. No, you're not. You're finding diabetes. There's nothing to celebrate here. And so we decided we didn't want have an open conversation about the fact that America is obese, 40% of them. The kids, you're more likely to commit suicide, kill obesity in children. It's terrible. You're much more likely to be depressed as an adult. Not go to college and become more likely to

To kill yourself. I mean so what happens to modernist talk, if all of a sudden we drastically reduce if you drastically reduce obesity in America, you drastically reduce the vulnerability of the population to a Corona virus. So do you need moderna? I mean at some point the reality is a 25 year old who's thin. Yeah you get vaccinated for a variety of reasons but it's not it at some point it becomes

Less obvious whether you need these vaccines when the society is healthy and not obese. I mean I'm just kind of Blown Away Hospital networks entire Hospital networks. Go out of business. If they're really on us the Milken institute's. That obesity related costs are one point seven trillion dollars a year. When you look at everything from knee Replacements to cardiac to cancers that are obesity-related. We're looking at one point seven trillion dollars a year. That's seven percent of our economy. So what?

Happens when the entire economy gets a Costco, 27 percent. So I a I'd want to get kind of near Des technol. I think this technology is going to have a bigger impact on the real economy than AI. I think AI we've kind of had pki. I love it. I use it a lot but it's a little bit over hyped right now. We're definitely kind of, I would say, I think about a month ago, we hit pki in terms of from an investor standpoint. I would not want to be buying into AI companies right now as a

Entrepreneur, I'd want to be raising money for an AI company. But I anyways, you asked me what I was excited about trying to find a baby boomer. The wants to sell a small business and do seller financing. If you're have certification, you're fortunate enough for whatever reason. You either have Rich parents or your freakishly remarkable and you ended up at Dartmouth, go to work for a big American company. We are there amazing. You'll get rich slowly, smart people. Great place to meet mentors. Great place to meet mates. You

Justjust these companies are totally underrated in terms of their power and what they can do for you professionally and economically. If you're an entrepreneur or something around Healthcare and Ai and I think it from an investment standpoint, I just want to be near. I'm very excited about glp-1. As an emerging

technology, we need to get you to start taking it. So we're going

to have, have you not taken it because you're afraid of the side effects or if you're not taking it because you're like, I'm already cut out on need this.

I'd like I think, I don't know this, but who who GOP wants should be who it should reach right now is poor and middle-income households that are obese. That's where the greatest societal benefit would be right now, who I think is probably driving the sales are rich people who want to lose the last 10 or 20 pounds, right? That's my gut. My God is it at the people taking it right now, the Hollywood drug hundred percent.

All right, everyone a quick break. So look, here's the deal. I run this company called Hampton, join Hampton.com.

It's a private vetted peer group, for CEO startup, Founders, things like that. And I wanted to share the story of one of our members with you. Her name is dafina Smith. She's the founder of covet and Main. She runs his company that sells hair extensions and my prediction is at this company to sell for hundreds of millions of dollars in the next handful of years. So here's some of defeat has incredible story. We sell hair sentence to the world's best salons

and the first year we made over seven figures

bootstrapped profitably from here one and we didn't even have a website for the first couple of

Of months. We are just the text people for their orders. It was in light only and we did over four hundred thousand dollars. I think our story and three to four years L'Oreal we require us for at least

300 million

dollars. I think that there's something to be said for just like putting your head down and building a brand and doing the work. The feet is one of the many incredible Founders in our community that you can meet and learn from. So if you're a founder or CEO looking to join a peer group, like Hampton, check us out, at join Hampton.com, go ahead and apply. All right, back to MFM

Do I went to, I went to CVS the other day. I had to get like, the whooping cough vaccine, and I went to CVS, and I had to wait for an hour to get the vaccine five. People were in line. The fucking worst thing about CVS and Walgreens is they say out loud? Oh, are you here to pick up your Cymbalta? Like I say it like

really loud. You don't like and I like the fuck

five people had lied and it was all older people who looked like they had diabetes. Five people. They're like, oh, are you here for the example?

Rick. And like they say, with the pricing is and they go. All right, I'll pay it. And at least people, it was like, the white New Balance crowd. It wasn't like a like, you know, like it was a Wrangler jeans crowd. This wasn't like a, like a high. They didn't I didn't stereotype of people as like, yuppies and they were swiping their card. This, jump

up and yell chlamydia. Oh wait, you said something else.

I hate that about that one. What

they say like can you like can you shut the fuck up? Scott, this could be your philanthropy. Thank you.

To be given away, glp-1 to the to the masses. That could be your moment that nobody's on that train. So you inspired us thought, like when I was 19, I had terrible, I had terrible acne growing up. It was a real source of it, enormous insecurity for me. And I was painfully thin, I look like Ichabod Crane with bad skin and it was just really, really painful and I was starting to get scars on my face because my acne was so bad and I start taking