How Dax Flame Plans To Make $1,000,000 | Investing with Graham Stephan - Ep. 11

so welcome back to the iced coffee hour you got uh graham got jack we got a very special guest for you who is uh sitting in the other room right now we're doing some social distancing this is one i'm really excited about doing oh yeah yeah and we're going to be talking about everything from business ventures we're going to be talking about investing uh we're going to be talking about some very intense uh debates topics business uh we got a book here philosophy and uh with that said we're gonna announce our guest right over here also we've made approximately i think like sixteen hundred sorry i don't have the exact number i know you guys wanna hear it but i usually just reserve that statistic for when graham and i are together but we have a guest you guys wanted it it's like sixteen hundred dollars go that's how much we've made so far for the podcast so welcome dax flame to the 11th ever episode of the iced coffee hour how are you doing i'm doing good how are y'all doing super well really excited to uh to meet you and have you on yeah this was actually something i was i was so looking forward to this i'm actually i might actually have to move my uh my mic over here because we're gonna do more talking this is something i was really looking forward to me too uh and by the way guys if you're wondering why we're in different rooms we're social distancing right now we're being responsible so so welcome and uh just to give you uh you all a little introduction on who dax is he's an og youtuber so at one point he was the 16th most subscribed channel on youtube and uh around what year was that dax 2007 2007. so i mean i was nine that's crazy nine at that time so but graham you're the same age as me 28. 30. okay yeah just turned 30. um by the way quick off topic tangent here i posted my first youtube video in 2000 i think six or seven believe it or not there's a youtube video of me playing the drums in 2007. really really huh yeah i'm sure i can find it so what first made you want to make a youtube video dax just to express myself and share some of my feelings with people and kind of just seeing that this thing called video blogging existed and wanting to like do some of that myself keep a video diary entry um um yeah that was yeah that was 2007 as well so similar timeline 15 years old you're 15. i guess you were 17 yeah what was that like to have a few of your videos just take off i mean i i know some of those early videos for you like for a million views on a plat like a brand new platform nobody had seen that before yeah it was very very interesting and very very cool uh and it just felt like a whole swarm of people in a way it felt like the whole world was watching but at the same time i knew it wasn't really but it felt that way sort of to an extent because at that point you haven't yet seen the world when you're that young and so it feels very big and just a wild experience did you did you get recognized back then not while i was making videos not till after i quit making videos because then i quit uh i quit making videos around 17 or like 16 or something and uh and then i acted in movies shortly after i graduated high school at 18 i acted in project decks and that movie got uh that movie was uh so then i got recognized from that but mostly from 21 jump street which i acted in the following year um so i acted in 21 jump street the following year they both were released in 2012. so after they were released i went and traveled lots and i wrote a book and then i moved to la and um yeah yeah why did you stop making youtube videos when you were coming near like the peak of your youtube success because uh i had i just didn't want to make them anymore um yeah i just didn't feel like making videos anymore was there something that happened or was there something with it that sparked it where one day you woke up it's like you know what it's not into it today was it was there something that led up to that or was you just tired of it i don't really remember uh also today my memory is really foggy because i was telling you i didn't sleep really well yeah so i am not as sharply focused as i usually am you're okay so i can only imagine being at the top of youtube at the time obviously youtube wasn't as prolific as it is now but were you like the cool kid on campus since you had you know like a hundred thousand subscribers no because no one cared about youtube back then huh have you considered starting a tick tock someone told me to maybe i would to i don't know i don't know i don't have any tick tock ideas but maybe she seems like a good like a vital part of being an influencer they say who knows i would do it i get i gave in i thought it was i thought it was stupid i said i seriously thought like what's the point of this and then i started seeing everybody come up on him like wait it's like maybe maybe there's something i said the same thing about instagram though i thought it was the stupidest thing and then i realized like you have to do it so how about this uh if you create uh a tick tock by the time this post on sunday i'll link it in the description okay but if it's not in the description that means you've decided not to do it that's a good idea okay i all right i have other things that i would be interested in talking about that i think could be linked to in the description but i can run them by you and see what you think yes so i think i think everyone has a pretty good understanding of who you were you were featured in a couple mainstream films and uh you know your youtube fame how how was it acting in in project x and 22 jump street how was that that changed from being on youtube to all of a sudden like being catered to and uh like being in mainstream film really fun to be in hollywood movies it's so fun um um um yeah it's such a good experience did people because i know you don't work at the ice cream shop anymore oh yeah so should i explain that yes yes okay maybe we could give a little bit of background on the ice cream man oh sure yes yeah people may not know this a famous content creator idubbbz made like a documentary about dax and oh about i'm so curious about that you want me to summarize that yeah yes really quick though how did that happen because i love his content and i love the documentary style and when i saw that come up i was like oh well i know what i'm doing tonight cool so uh so yeah macy and i watched it and we were immediately like did you know who i i was before that no oh cool uh-uh interesting so that was really cool and they were like wait a second it was amazing ideas like we should reach out and you got back to me immediately yeah and so we're watching it as you're getting back to me it's like the craziest thing i was so excited yeah i've heard about you through um youtube yeah and uh see your thumbnails pop up a lot like i react to how they spend money yes um so so that's interesting to me too because i am not good with money but i've trying been trying to educate myself more um and so that's what excited me so much too um so i uh got famous on youtube i acted in those movies traveled around wrote some books moved to la all my opportunities dried up so i needed to find a way to make money tried to create an invention that invention did not pan out had to find another job started driving lyft and a food delivery job got a job at an ice cream shop that ice cream shop job lasted about 15 months about 12 months into it i i ran into idubbbz uh ian and he uh was really nice nice when i when i met him a really nice person and he uh had asked me if i wanted to meet up for lunch to discuss a documentary idea and so he just said yeah i would like to do that and i'd watch this full force one and i thought it was really good so then we decided to do it and then a month or so later we started to record it and then uh i was just with them for a week and uh and then i would just keep in touch via text and then it came out recently so it's been really exciting about a week ago it came out um so that's how it came to fruition and how it all happened what an exciting time it's been um so lucky uh yeah really good time really great experience how do you run into ian how did that happen uh i went to a party at jack's films house uh because i know jack from youtube um yeah that's crazy though that you just coincidentally met idubbbz and he knew of you and you know of him and what was it like meeting him is he is he like he is on on camera because i'm actually i'm a huge idubbbz fan as well yeah i think i'd met him before well i know i'd met him before too but i hadn't talked to him a whole lot but i talked to him there and he was just so nice um um yeah he's just nice and really nice person and uh like uh whenever you're at a party and you don't know a lot of people it's nice to have someone you can talk to first for a bit and so that was that was very nice running into him and good presence that's the thing i like about youtube is because everybody watches each other you can meet a brand new person who you never know before but it's like you're instantly friends because you've seen them for so much like i've met some of my best friends through youtube we've like we've maybe watched each other on youtube for like a year or two years and then you meet and you're like instant friends because you know about each other all right like you already know you're gonna get along yeah so it's it's fantastic for meeting people and i had not seen a whole lot of things but i i just whenever i had met him i thought he was so nice i just looked him up again that night and watched a few of his videos and watched the full force one and i was like oh wow i really like this i loved the full forest one yeah soft fatty is like such a nice seeming interesting person he is oh absolutely well that's exciting and and his video is untrending yeah i think it was number two trending it didn't make it to number one though for two so when you met him at the party is that when he came up with the idea to have the ice cream man it wasn't something that he had thought of before but it was when he met you learned that you were working at an ice cream shop at the time and then decided to make a documentary i don't know i can't remember if we discussed working at an ice cream shop till we had lunch and discuss the documentary or at the party i don't remember um yeah i don't remember about how long ago was this october uh mid october of 2019. so no 2000 yet 2019. so you filmed the documentary like a long time ago and it took him like seven months to get it all ready to go and edit yeah yeah yeah wow a man named dane uh was really talented editor who edited the whole thing and then ian edited parts of it too i think i'm not exactly sure but they work together with someone named ben and they're all really good yeah i can't imagine the amount of filming and work that goes on behind that and planning yeah it's just insane to put that together it's like it doesn't surprise me that it would take many months to craft something like that to release it did you make a documentary before the the closest one i made two that were semi one was with this guy ben mala and i flew to florida to learn about a story i spent the entire day filming with him and then i spent about 18 maybe 20 hours straight editing the entire video together and then uh pokemane did a video with her and i tried to make it more documentary style i did my best it's tough i mean that was a solid i don't know 15 12 hours of editing just editing that went into that not to mention all the planning and the filming and the background work and the coordinate i mean there's so much that went into to making like a 20 minute video yeah i enjoyed it was fun it was a good creative challenge something i want to do more of yeah it is fun yeah like i look at that like like ian's video is inspiration for me yeah that's cool seeing how that was just constructed to me was like wow like that's what that's what i would love to do one day like something similar to that well that's exciting that's really finance version of that the money version yeah there's you could probably find it you you could probably find a money youtuber to make that documentary about mm-hmm yeah oh yeah the possibilities are limitless so if anyone's watching do you call yourself a money youtuber or like a finance youtuber it's it's so hard i i hate saying i usually go with finance but most people think finance is really boring so it's like what do you make of any other oh in that i just say kind of like i make video investing on youtube but i try to steer away usually i'm in real estate that's that's usually the go to is real estate okay cool so to save saves a whole bunch because nobody gets it otherwise yeah yeah did people recognize you uh when you were working at the ice cream shop often yeah a lot of people recognized me at the ice cream shop what do you think you were recognized mostly for 21 jump street yeah that's that's how i knew of you it was 21 jump street and then the jubilee video that you were in as well but we'll cover that in a little bit oh maybe we should just talk about it now you want to guess what we all have in common all three of us jubilee videos and laugh yep well i've never had a chatting with but i've been in a jubilee video yes oh what jubilee video were you in um people are going to find it yeah you can you could bleep but how about this you bleep it out okay it's also me and you were both on pewdiepie yes oh wow that's true wow i mean that's a flex that is a huge flag okay that's that's yeah yeah i was oh okay and then what you were mine was uh millionaire versus minimum wage marker oh i saw that yeah i don't remember it that much but i have definitely seen that yeah oh and then do all millionaires think the same or maybe i saw that one yeah that was the more recent one but the first one was a bigger video so exciting stuff yeah cool so um in that in the jubilee video you were in essentially the premise is you have two different teams each team is uh comprised of three people and they have to try to either like choose blue or choose red and if both teams choose blue then they get to split a pot of money if one chooses blue one chooses red the red team gets to take the entire pot of money if both teams choose red both teams get nothing you were the only person out of all six people that were in it that wanted to share the money oh yeah everyone else wanted to to steal it yeah share it i mean that's what i i'd be in the same position i'd just be like guys let's it's guaranteed let's just share it right you walk away a winner tru true that's that's a good point it's um it's yeah it is a big uh conundrum the prisoner's dilemma yep when idubbbz and you filmed ice cream man did he have an outline already prepared or was it a rough outline or did you guys kind of just go with the flow when you're filming it we didn't have any specific plan for the documentary he just wanted to i think film a week with me and see where it went and i think he knew that he wanted to help me create something and so whenever he was thinking about the game show or something i think this is how it went i think he was just like oh yeah i love this idea and that we'd like to help you make it so that was really a very lucky set of circumstances for me to get to create something uh just have someone fund it for me and everything and help me produce it uh so so that was amazing and now my goal is to make more smoothie madness i want to sell it to a network and create a full series a full season and uh i also might in the meantime since i don't know how long that would take i might like to self-produce a few episodes but i'm very nervous about can i say we say the illness i'm very nervous about the virus and so i might have to find out a way to do a socially distanced version of it so can you give a little outline of what smoothie madness is so yeah is the sunlighting okay yep yeah um smoothie madness is a game show i made uh with ian and dane and ben uh in will osmond's kitchen uh it's a it's a game show about like making smoothies it's just a health themed game show um and it went really well like i was very awkward for a first time host so i have to like work on that and try and figure out how to be more um charismatic and so yeah it was it was a hit though everyone loved it so that's really exciting it was fun to watch yes it was different it's fun and entertaining yeah i like by the way how it what how it how it seemed to be a bit unplanned yeah there's some structure but but there are a lot of things that you're just like what do we do okay you kind of make it up a little bit as you go depending on the story like i liked that because i think people can relate to something raw yes that's what i liked about it but my question is we're going to talk a little money here why sell it because this is something easy enough that you would be able to do on your own you could keep a hundred percent of the revenue you don't have to share it with anybody this is easy enough where you just do you make a smoothie madness youtube channel and then as you grow it you start getting sponsors to that then imagine you start getting like uh what is it g-fuel all of a sudden you you g fuel pays you like 30 grand to to figure out a smoothie with g-fuel in it and a million people watch that video now it's sponsored by g-fuel and you could do that with like other products and blenders you know there's a lot of things that you could do with that and each episode i bet could be filmed for i don't know under a thousand bucks if you're willing to put in a lot of the work behind the scenes it's really just the equipment getting people on having them sign a release the ingredients i'd say about a thousand dollars but hire two people for the day to help you out a thousand bucks that's a good point and something i should maybe ask you more about which could lead me into asking you about in business the most important thing is to know why you're doing it right you you need to know what your motive is if it's business it does it's does it make money i mean really that's that's it is it a viable way to make money but if you get into a new venture you need to ask yourself why am i doing this why do i want this money so you just answered the question of do why do i want money fund my game show because you just said it would cost a thousand dollars per episode threw that number on i bet you could do it for less oh yeah that's perfect yeah so if i can make enough money to start paying a thousand dollars or say 500 per episode i could make it on my own so how do i make money let's let's let's go back a little let's figure out how much realistically this would cost you realistically i bet you you could do it do you have a camera no i have an iphone 6 but i'm probably just gonna success okay so but i'm probably gonna buy a better camera soon so here's the equipment you would need you would need two lava maybe three lavalier microphones three lavaliers so i would say six hundred dollars for that you dean maybe two to three cameras okay so let's say you buy them used six hundred dollars a camera that's eighteen hundred dollars tripods lighting or maybe at three thousand dollars three thousand dollar investment um let's let's even round it up to 3 500 because we're going to add blenders into the mix i'd say 3 500 blenders you have you have the blender so just three thousand three thousand bucks uh that's really what i think it would take is three thousand dollars you need a space to film in that's what you start off with then you need the ingredients and uh and then people to run the cameras uh and maybe an editor yes which maybe so three thousand down payment three thousand down per episode maybe add in a 500 yeah 500 so so the ingredients let's just say a hundred bucks 120 for ingredients you'd have to pay people to get on which i'm sure at this point people are willing to do it for free but since you have to pay them but okay but since you don't well you don't want subscribers like fans going on and doing you want it to be like real honest like people yeah i want them to have a reward okay so another few hundred bucks to pay them i think you could do a lot of the filming yourself if you don't mind just running around they're turning on the cameras doing it yourself maybe one person to help you out pay that person 100 bucks for the day you could edit yourself if you want to uh so you could technically do this for maybe four or 500 bucks an episode okay if you do a lot of the work yourself i don't think you would be profitable in the beginning unless you get a sponsor up front so you could what i would probably do is do one episode and use that almost like a proof of concept so you would have to come up with the money up front yeah i know you already had the episode do one more okay because right now you gotta want to do one more yeah you've got to do one more episode because right now any sponsor i think would look at that one video and be like okay well obviously it has a lot of views but that's because of of idubbbz video everyone's coming and of course they're like what can you do on your own independent from him so they're going to want to see that if you could show that you're getting 50 or 60 000 views it would be a lot easier for you to go to a business or ask for some sort of sponsorship or something that would at least pay your overhead in the beginning that's a good idea you do it for free thank you yeah and of course so you do the first ones for free and then as you start building up momentum you get ad revenue you can maybe look into some affiliates of some sort blenders yeah you could you could affiliate market blenders you maybe get a few bucks per one that you sold i think they would be every anyone watching it would probably want to support you at this point maybe a patreon for some behind the scenes look into this i think would be ten dollars a month fifteen dollars a month and they get access to all the behind the scenes footage because you're going to have a condensed down version but what about behind the scenes is they're kind of figuring out what to do you're gonna have a lot of footage what to do with that sell it so i think in the beginning you're not gonna make much money at the best case scenario break even but i think over a few months if you if you do like an episode a week i think there's money to be made in that excellent advice thank you you're welcome and then you could always expand from there and i think you can go crazier by like upping the ante like as you start making more money reinvest it back into the channel be like okay today guys we're giving away like a 1998 honda civic like it's like something just something you give people like a crazy prize you you change up you could change up the rules in every single episode so no episode's the same like today we got a special episode where you could put like you know you could you could se i know you said the sabotage thing but they could they could put an ingredient in there and then you have someone blindfolded in the back taste testing or something crazy that's yeah i agree a lot of ways you can go with that totally that might be my first step right now is uh what is your uh coaster oh twenty dollar bill oh wow it's uh is that normal or just for the podcast that's just just for the podcast these are i bought them on amazon it's fake oh okay yeah so it has some uh some some i believe they're chinese symbols on the side so you can't like but they it's just a funny little thing i bought them for thumbnails and then now we use them as coasters i was like wow okay yeah but that's my thought don't sell it cool it's better it's better you do it on your own especially now people can do everything pretty much on their own they don't need to sell anybody they don't need to to get picked up by a network you are now your own network i think there's a lot of excitement around smoothie madness right now yeah obviously you can't really film it due to corn i i had an idea to just film trivia version how would you do that well round three is just trivia like like there wouldn't be the most essential ingredient which is the blending and making a smoothie but people would like it as a holdover and that's the benefit of selling to a network is they might know how to build a studio big enough to where you can do it socially distanced i don't think there's any rush to it like imagine um everyone's saying adult swim or imagine the food network or um yeah you know what i would do if you're worried about everything is just make smoothies yourself what make them yourself just just do they pick the ingredients and i blend them yes is is so two things one if you want to involve your your audience you get them to make a suggestion of what you make a smoothie of it could be anything people could say like put salmon in the smoothie like like what just any ingredients that people upvote in the comments like just say this whatever people comment i'm gonna pick the top five things in a week and i'm gonna make a smoothie out of it and i'm gonna drink it you know within reason of course but i need to have contestants no no but this this would just be you in the beginning you would you would get the top ingredients from people whatever they suggest you would film yourself going to the store buying the ingredients having it all laid out and then you have a blender you put it in the blender and then you you do it yourself and you rate it um kind of like report of the week except you would make your own smoothie and that might help build some momentum at least you build an audience around what you what you like that's a good idea i i like both of these thank you thank you that is a great idea i hadn't thought of either of those do honestly right now do as much as you can on your own in the very beginning grow it now like even tonight you get back i would start posting on videos on if you watch hot ones what's up hot ones yes that's a good show that would be a good thing for me to follow yes exactly i would do something like that but in the beginning i would just do you you don't have to worry about meeting any new people you could film on your own time your own schedule right now i think you got so much momentum i think it's really important just to carry that momentum yeah because what i've noticed this time is like you have this small little window that opens up every now and then and if you don't jump through that window it closes up and then you gotta find another window so you i think you got the window open it only comes every five or so years i don't i don't know how often windows happen maybe it's what it's probably about right yeah like every five or so years sometimes longer sometimes less sometimes not at all yep i would say that that's been about true maybe every five years or so some opportunities come up that's like yeah take it so i think now you got a window and i think it's just worth it you just gotta like double down right now yes make the smoothie con or just anything but i would do the smoothie content on your channel post like every other day every three days you'll build so much more momentum than if you don't do anything for a month and then you come back into it okay you could find the people on craigslist too yeah that would be a good way to find some random people that's how we did it that's how we did it what would be even funnier is go and model mayhem get some like professional models seriously that would be amazing that would be something i'd just like it to be a i guess that would be a different theme i mean i could do different themed episodes like model smoothie madness that would be a million view video i kid you not maybe for one of them but i would like it to be open to everyone yes yeah no maybe yeah no i agree but like splitting it up like one episode yeah that's that's smart that you'd have like a dynamic theme like constantly changing the rules changing you know the type of contestant that you have i was thinking maybe have brett come back and host the second episode and i can kind of learn from him a little bit maybe leticia moves on to the second round uh winner winner moves on winner moves on loser hosts co-hosts i i still think that you you should you're a good host yeah no co-host oh okay on the topic back on the topic of ice cream man were you nervous for this video yeah sure i was nervous filming uh uh but i get nervous all the time so i don't mind being nervous you just you just move right through it and then for it coming out i wasn't nervous i was just busy uh because i wrote this new book and i wanted to get it finished uh and i'm gonna release it it's live actually now but i haven't announced it it's on amazon so i'm going to announce that i brought a copy to bring to you thank you tell us about the book what is the book um you'll like the title it's dax flame's guide to making money as an influencer ooh and it's autographed thank you can i can i grab it yeah okay hold on do you like that title i do let's see here we go i'm gonna keep this wow look at it it says you get the little tape so it's official not for resale oh i mean that's because it's a proof copy so so the the official copies won't have that so you have one of a kind the only other person who has that is me i have two i printed two proof copies first two copies in existence so you have one of them so you should save that it's worth a lot of money maybe someday maybe someday maybe if people like it that's awesome so tell us about the book what is the book about it's also this little drawing i brought if you want it it says ice cream man yes oh you don't all have to frame that that's cool a man hired me to draw him a tattoo and that was the design he didn't want to use and uh and then i added to it a little wait a second wait this is even more wait wait so you designed someone's tattoo yeah someone messaged me on instagram so i drew their tattoo how did when when did that happen a couple days after uh everything came out did he send you a picture of the tattoo he hasn't gotten it yet oh okay when is he gonna get it because if we could put if we could put a screenshot here if you're telling me i'll message him and see oh yeah how about this if you message him and say if he gets a tattoo and sends a picture we'll put it we'll put it on here if he gets it before saturday morning yeah i'll i will message him saturday morning you can turn up okay if anyone ever wants a tattoo of the iced coffee hour or graham we'll put it on here we'll feature it i don't know if that's a isn't that a lot of pressure that like what you drew is gonna be on someone's body forever no because he he wanted he said just do whatever i would i would feel and like some people take tattoos very lightly yeah yeah i look at that and like that's a permanent decision that's that's on like i'm going to have to be 80 years old and and look at that he's been mowing me 100 bucks what's up you've been mowed me 100 bucks well for 100 that changes everything uh and he took the one that was the least effort like i just drew a dog and he liked that best you know what that's a story though yeah that's a story when you're out with your buddies you say hey look at look at this guess what it's a story behind it that's true wow that's incredible but tell us about the book the book is called dax flames guide to making money as an influencer okay uh how much much of your audience wants to make money make money as an influencer i would say honestly i would say about five percent of my audience would want to be an influencer and make money i'd say the other 95 care about personal finance but say five percent okay maybe this could be a good book for just about all of them i guess like because the other person people care about finance yeah yeah it's about it's about starting a business the book is about attempting to start a business yeah um did you check out either the websites i sent you you did oh awesome uh is it okay if i go into my questions at all of course let's let's let's do it we got we got other questions and we'll so we'll save them but let's let's hear what you have to say so the motive behind starting a business is the key to keeping motivated um um if you don't know why you're doing what you're doing why you want money you'll just give up so i know that i want to create more smoothie madness i know i want to write fun my screenplays and so having this in mind i can approach these different i know i don't want to work an ice cream shop so having that in mind i can approach these different business opportunities and see if i can uh make something out of them it's it's sometimes it's it seems out of your depth but you can't doubt yourself so you just go for it right so um i sent graham these two websites i created wealthyinfluencer.com great domain name yeah and then friendboom.com good domain decent okay uh but wealthy influencer is great i prefer wealthy influencers yeah that's a great versus friend boom um friend boom is good once you learn what the site is about i think you know i will get your opinion on it because i don't know which one do you want to start with so let's start with friend boom okay no let's start with wealthy influencer because that's what the book is about okay the book is about early quarantine and starting a business in early quarantine all of a sudden i've got no money but i've got unemployment checks coming so all of a sudden i have all this free time and i'm just in my apartment with all this time in my hands which in a way is a dream come true obviously the circumstances of the world were not good but in that way it was good for me in that i got the unemployment and so i created this website and it was a like something i just threw myself into wanted to see if i could start this business you know teach people how to make money as an influencer and there's a whole drama element to it that i wrote in the book uh and and honestly i don't know if it will work out or not like at this point once the documentary started coming out i gave up on the website and started moving on to other things but now that i'm here with you i think it's a good time to revisit it and um so wealthyinfluencer.com you go there to learn how to make money as an influencer um it has courses it has a tool section and it's not developed yet but originally i was trying to see if i could just sell it i wanted to see if i could sell it to someone so i made a video website for sale anyone interested in buying it the feedback i mainly got was similar to the feedback i got when i was trying to sell my invention ip which you can't sell a concept i would agree with that so friendboom.com is where i'm going to try and do things right also but you can sell a good domain name yes so that is a great once in a lifetime domain name you think i would say it's a i would say it's a very it's a good domain name how much is it worth would you say it's tough to sell domain names i gotta say because people are placing less emphasis on a good domain name and instead on like an app or something with an audience already attached to it fewer and fewer people are going to what about a domain name that's written about in a book which book that book this book it depends how many visitors you have i mean it's it's difficult to sell a concept and it's very difficult to sell a domain name unless you're selling a domain name that gets a lot of traffic or something that is associated with a brand like what was it nissan.com do you see that the guy the guy the guy owns nissan.com and i think nissan the the car manufacturer offered to buy what's up cease and desist they sent him that but he he had i think in like the 80s or 70s uh i think it was it was some sort of product or something that was that was nissan or was like his last name or something i forget what it was but he had the rights to that wow so they they try to get a seasoned assist the judge ruled that he has the right to own nissan.com and um then they got in a big legal battle between the two and then this guy let's see if it's still let's see if it's all up it's very interesting if you go to nissan.com he uh let's see nissan.com let's see if it's still up there it's like this really jinky looking website i really hope it's up here because it's a very interesting story but they offered him like 20 million dollars to this website and he said no he turned it down so he sold he didn't sell it i don't believe so oh yeah this is it jack you could put this on the thing it says nissan motors lawsuit against us it can happen to you or someone else nissan.com that was the website up until maybe just recently wow so anyway so yeah so now you see it's nissan usa calm as your website so that's a good point so you need so wealthy influencer won't be worth anything until it's developed correct i think realistically your time is best spent developing and developing um smoothie madness that's what i believe too i think you should really focus on smoothie madness especially considering the fact that you have all of this this outreach specifically from the the ice cream man video specifically wanting more smoothie madness i mean i agree completely i just kind of thought and this was back when before smoothie madness was like i knew if it was going to happen or not that i created this website so now that it's like i have smoothie madness i'll probably just shift my focus to that but since i was coming on here i thought it was the perfect time to kind of get some kind of either finality about it or closure or to get some invigoration yeah so it seems more the closure route but it does lead me into friend boom can i tell you about that yes friendboom.com is a really good idea that i wish existed and more so as an app friend boom the app which name could be changed if you don't think that's a great domain name um but i was even thinking of like selling that it'd be better to develop it first but i want to focus my energy on smoothie madness so this is a crazy idea that i don't know if it's good you can tell me i was even gonna just like list it on ebay and try and sell friendboom.com now i know what you're thinking that's a concept and a domain name but i would agree to stay like with it or be the face of the company for many years so you would be getting friendboom.com and a guarantee that i would make one video about it once it's done so what is friend boom think of tinder but you do it with a personality test so you take a personality test and it tells you and then the other person takes the personality test and then if it combines people it matches people with who is most compatible um additionally also ask you about your availability each week so each week you would tell them what your availability is also sorry if this is not a good idea but i'm just pitching it sort of so each week it tells you you say oh i'm free monday wednesday friday i want to hang out with someone and uh and then it matches you with someone who's compatible and free at the same times uh you also say what kind of activities you're open to and it matches you like that so it's like more of a sophisticated like sort of matching up than like um meetup.com or something so it's a good way for people to meet each other which will be really valuable in the post future when you know people are kind of separated and it's something i wish existed because i love meeting people so much additionally if you are someone who doesn't love meeting people because you don't know what to say and stuff there will be certain uh tools and games on on the app where you set the phone in the middle of the table you say i want to do the conversation facilitator and like it'll it'll like suggest different topics to talk about every five minutes so it's like never an awkward moment well maybe you can't guarantee that but never a silent moment um and then um maybe like random little games you can do so it just kind of facilitates friendship uh and so it could be pretty cool like like if you move to a new city uh it'd be perfect for that um so that is my like idea of it do you think that would be good to sell on an auction how much how much would you sell it for i'd probably set the reserve what do you think what do you think i would take 5 000 okay but if i did it as an auction it might go even higher would you invest in it here's the thing here's here's my thought of it um you making one video about it that's really what you got to see that as is is that's you sponsoring something so whoever buys that let's just they're getting a brand deal they would want you to just make a video promoting something so it depends how many eyeballs you can get on that um i i think the idea is actually interesting i really do i think i think it's it's it's fun um my only thoughts are developing an algorithm like that and making an app that's actually functional is insanely expensive so it's not something that people can just do in their spare time for like a thousand bucks maybe if they're really good at coding but it'd be worth it right potentially then you get into the issue of uh first of all i don't know what the liability is if you get two people together and all of a sudden now someone steals something you invite them into your house and all of a sudden now the watches are gone or the artwork is gone cinder can do it why couldn't anything anyone else you would have to look into that okay just just a thought of it yeah yeah because when you match people based on an algorithm thought is with with some of these dating apps is maybe a little bit more random they just they throw everything together and it's up to you to say yes or no should i throw myself into this and like just be like okay there are these things that uh that are definitely going to be challenges and so hard to overcome like should i throw myself into that or should i what i'm leaning towards throw myself into my main passion creativity and think we'll see like if i threw myself into the other thing i could get rich and then i could use that money to fund my creativity here's the thing is i i think i i think the friend boom idea is interesting i think it's gonna cost a lot of money to set it up it's gonna cost a lot of money to run it it's gonna be very time intensive to make that successful it's a fun idea i think it could be something where people would be like okay let's let's make a youtube video today let's let's go on friend boom and to see we link up with and film it it it's interesting in that sense but if you're doing that to just so you could do your passion better to do your passion i think smoothie madness you could just you could do way more it would be way easier for you just make smoothies and not think about anything else just make smoothies here's the problem though i love making smoothie madness but i'm worried about corona you did suggest some very good alternatives and i need to think of that more so maybe i shouldn't suggest any problems i should just process this just solutions no problems only solutions okay i would if i were you if i were you the only thing i would do right now is tonight i would plan out uh no actually here's what i would do if i were you tomorrow i want you to i i sound i sound demanding i want you to do this if it were me if i were you tomorrow i would make a video i'd plan it out tonight i'd post it tomorrow i'd say something like hey guys i'm going to be making smoothie madness just me this episode what i'm going to do is i'm going to take the top five ingredients that you comment down below and that you like to the top after like two days i'm going to go and buy those ingredients i'm going to make a smoothie out of it and i'll let you know how it tastes no matter what it is as long as it's not poisonous to me i'll i'll blend it whether it's it's steak bananas choc whatever the top five are you do it it's gonna get people really engaged in that video and anyone who comments especially if they're comments they're gonna be so excited that you go and make a video like this that is a great idea can i do it not tomorrow because i want to put out the book tomorrow whenever you're ready because i don't want to put two videos out on the same day right fair you want to use the momentum that you have from idubbbz though yes i mean my only thought is the sooner you jump on it the easier it's going to become to just to get that push you know that that's what i've always been like it's just i'm always on it like as soon as i see something it's just you gotta get it done gotta get it done and it's just very like antsy so i feel like the sooner you start the more momentum that's gonna build up over time okay it's my only thought as far as the the friend boom thing i actually thought it was a really good idea and when i when i saw your web page i like i lit up because i thought it was such a cool idea such a cool concept i would be open anyone who wants to take that idea you can take it and make it because i would like to use it but also maybe i'm going to make an auction guaranteeing a brand deal or whatever yes i think if you don't mind making videos on it or promoting it then i think maybe it's sellable because people could say okay you're going to get x amount of views per video a certain amount of people are going to get a website that's already been talked about on graham's podcast exactly so and he's all about we're making the value go up and then and then dax is going to be on the other side on ebay just bidding it up oh no i wouldn't do that that's illegal oh i know i guess right what's up that's illegal yes if they catch you it has to catch you oh that's true but i would i wouldn't do that i believe you um another thing okay this was something that ian suggested i talk about and i thought it was great advice now i have about 10 or twelve thousand dollars saved um but i have more coming in through that's money that i've saved because the unemployment checks have been a lot more than the restaurant i was working at so i have that saved up which is awesome but i have even more coming in through book sales also t-shirt sales i don't know the numbers but i think that should be a lot so i might come to a point where i have thirty thousand dollars maybe more what should i do with that money how much do you spend every month like two thousand dollars a month like how does that break down how much is your rent and sixty 1366 dollars that's good for la that's good and what about like car payment insurance gas i think that i i think everything comes out to like 1600 or 1650 and then i just pay for food and gas or 16 yeah okay so necessity so two thousand dollars a month i don't buy anything i don't go anywhere right now i'm just in quarantine so yeah like that's pretty much the minimum two thousand dollars a month yeah what about before i could live for if i do get up to 30 000 bucks i could live a full year without working i could find a job way better than the sushi restaurant i was at because i worked at sushi for a bit after ice cream and uh that would be awesome to not work that long plus in that time i could develop smoothie madness or any other ideas so it's a really lucky fortunate thing and also thank you to everyone who is an essential worker and everyone watching uh good luck and then yes so so before quarantine about the same i don't really spend a lot a lot of money on stuff what do you think okay well just like max out or off ira ah yeah yes and no okay so what's your income going to be like when unemployment goes down i'll have no income but i will have hopefully these book sales in addition to the book sales i'm already making and hopefully i can do something with smoothie maps okay so my advice would be because your income is inconsistent right now and you don't know if it's gonna be zero dollars a month or five thousand dollars a month or four that we don't really know quite yet what i would honestly do is i would probably caution you against investing that money right now i think that's that's your safety net that's your fallback and you need that money available to you i think if you were to put it in the market and all of a sudden the market takes a tank tomorrow it goes down five percent it keeps keeps going down for the next few months and now your 12 000 is worth eight i think that would put you in a really delicate position that you don't want to be in the only thing i would do for you right now because you have six months of your expenses that's good that's your emergency fund so what i would do is take that a year of my expenses potentially eventually potentially but i would just count what you have right now yeah right right so cool you have six months worth of your expenses saved up in cash uh where is sitting right now just the bank what bet like i well actually we don't i don't even know what bank is it a high interest savings account my social security number yeah what is it a high interest savings account what is just some normal account i like i have like a check two checkings and a savings and i just usually you can tell us that tell us the bank and we'll just bleep it out uh the bank that you're banking with i have an account with them too oh oh we also have the the phone call for you to do oh so if you want to well we'll get to that in a second i i have the same bank as you do and i use that just for my checking account i think this this bank i won't mention it guys but this bank for checking out is fine i would not keep with them more than like two thousand bucks i keep one month of your expenses with them open up an account with ally bank totally free tonight you should do this they pay one percent on their savings account so you're gonna get a totally free bank account there's no minimums there's no hidden fees there's nothing you get one percent in your money because where you're getting right now is like nothing you're getting like 0.01 percent so now you could get one percent on let's just call it 10 grand you know so you'll get an extra what is it 100 bucks yeah what ten dollars a month yeah so basically you'll get like because my bank charges me like five dollar a month fee for each account or whatever don't do that no no they're a horrible bank ally bank that's where i have like the majority of my money is with allied bank i like them a lot totally free do that okay get in the habit that's your emergency fund what you could also i was about to say you could put some money in a in a penalty free security applicable to everyone it is yeah uh you could also part of me thinks that you could put your money in a no penalty cd where basically i would recommend you put like five grand in there it's a no penalty cd you're gonna get just below one percent of interest but you could take the money out at any time you get to keep the interest interest rates might go down so it's kind of like you're betting i would probably just say take the one percent right now open up a high interest savings account really easy keep the money in there if you make more money then what i'd probably do is just put in let's say you get to 30. i would probably take your 12 i beef it up to 16. that's eight months of your expenses because your income is going to be like variable so just keep no matter what eight months of your expenses in cash just sitting on the sidelines anything over that i would just max out your roth ira okay so open up a roth ira with uh you could do like charles schwab fidelity vanguard they're all free and just do vt sacks it's just a broad index fund i have no clue what that even is but i just like trust your opinion it just seems seems like a good like it's you know your stuff you got these million subscriber plaques it's a safe investment it's it vt sax is basically it you're betting on the entire stock market basically so it's an index fund that covers everything out there for the most part so you're betting well not even betting you're investing with the expectation that over the long term the price of that and businesses are going to be expanding and growing and making more money and the population is going to be increasing and typically historically a fund like that is made about an eight percent return oh so that's good over 20 30 years so some years you're going to lose money some years you're going to make way more than that can i take it out whenever i want the roth ira is this so the way a roth ira works is that you can contribute so basically you could put up to six thousand dollars a year into this account and you could take out what you put in so if you put in six thousand dollars you could take it out but once it's out it becomes very difficult to put that money back in okay so and you could only do six thousand dollars a year the other thing is that let's say your six thousand dollars grows to sixty five hundred dollars today of 500 bucks profit that profit has to stay in there otherwise you pay a 10 penalty and you have to pay taxes on that on that profit so my recommendation would be whatever money you put in a roth ira that's your that's your fallback that that's a bit of your retirement fund so you just put it in there you don't touch it you don't look at it and ideally all you do is six thousand dollars a year in the roth ira and vt sacks and you don't look at it you don't touch it and then at the age of 59 and a half all the profit you made within that account is going to be tax-free so ideally six thousand dollars a year over 30 years and an 80 return works out to be i i think it's about like 800 000 bucks or 900 thousand dollars over 30 years uh i think that's correct man you got to be 60 to get it you have to be 60. so you could pull out if you need to your whatever you contribute so if you're doing 6 000 a year over 10 years you have 60 000 in there that you could take out at any time with no penalty but then the profits you got to wait still right but the profit you have to wait otherwise you pay taxes on the profit and a 10 penalty okay ideally you never take money out of it before 59 and a half unless it's a dire emergency unless you really need the money and there's no other options either like i'm being homeless or i take money of the roth ira then do it but i think i'm gonna have to re-watch this part when you post it yeah because because it's i'll have to write everything down i have a video on this it's it's uh just if you if you youtube roth ira graham stefan my video will come up okay awesome but yeah that's all i would recommend for you and i think your most important thing is just keeping cash on the sidelines in case something happens in case your income goes down in case it takes you a long time to get a job you have something to fall back on that's going to last you eight months great free advice thank you there you go you're welcome i have one final question okay because i've gone through all my questions would you be willing to include a link to an auction if i did auction friend boom in addition to the link to the book and would it make sense for me to start the auction at five thousand dollars no okay i'll agree to include the link yeah we'll include the link we'll include the links so we'll do that in the book what's up oh never mind i'm being greedy you let us know the links you want put in the description happy to support whatever um i would not god i would not recommend putting the reserve at 5k here's the thing how the reserve started there what's up start the auction at 5k start at five i i would how much do you how badly do you really want to sell it like is this i'm not gonna do anything with it otherwise because i got so much on my plate at the moment and i want it to exist so i'll just sell it i'll just sell it would you sell it for three thousand sure what about like two are you thinking about buying no no no i'm just saying like if you want it just if you just want it to exist you know maybe just have like a low auction because you don't even yeah i'll start at 2 500. okay you could i would say i don't want to tell you that but also would i be taking advantage of someone if i started it there like because this is your viewers i'm advertising it to you it's it's there i don't want to take advantage depends who sees value in this okay yeah if that's all that's all it is if someone really wants to pursue i mean my thought is this okay the idea is already out there yes my thought is if someone like you believe in my career is what we're asking them because if if you have a guaranteed brand deal from me and my career is on the rise so but really what they're paying for is your endorsement and you to make a video it's just that's really where whatever time they choose but maybe after five years it expires and i won't do it if they turn it into some scam website or something and then i'll then i'll void the contract yeah it then it becomes complicated with contracts no contract just a just a trust system or whatever realistically i think your time is best spent smoothie madness and that's that's really like focusing on the friend boom thing right now even creating the listing it's just not like a proper use of your time and i just don't i'm not confident that it would pay out but i don't want to like not encourage you i'm thinking the only way to do that if you wanted to sell it is just a clean break it's just like listen like two three grand or whatever it might but whatever someone pays whatever gets bidded to two three grand or whatever and you will do one video on it or something like that because otherwise if you just do the friend system let's just say this this app blows up yeah you know it's sell it then google buys it for a billion dollars you're like wait a second we had we had a friend thing we had a friend agreement was like no we didn't then it starts getting weird and then all of a sudden you know i would do a clean break be very upfront with the expectation that like listen i'll do one video on this if you want me involved i'm willing to do it for a set price yeah but that's my involvement and i i yeah that's that's a good way to do it and then for my own sanity say like you know what like i have other things i can focus on i hope this gets made i hope it sells for a billion dollars eventually but uh but for now like i'm not going to pursue that because i'm going to pursue creativity instead yeah um yeah i think but this might be ten years from now they say look at the moment that he lost himself a billion dollars i'll go back to this video and he sold he sold the idea for 2000 mark zuckerberg buys it how important is it for you to have a lot of money oh it's great because then you don't have to work at an ice cream shop you don't have to to do anything and you can just do creativity and stuff i guess i don't know it does add more pressure though i will say the more you make the more pressure there is to continue that moment because then you don't want to waste it then it's like oh you build built this up to be this thing and now it's like you don't want to throw that away and you want and you realize too the more you make you realize it's like you're in such a fortunate position that like why would you want to discontinue something like that that's a good point it adds a bit of a complication to it i think i'm pretty good at like i think i'd like if i made like a million dollars and i said stick around another year you'll make another million but it's like oh but instead i could go do this movie project i think i would do that movie project you do the movie project once i get that certain amount where it's like oh okay now i can set up the next part have you thought about how much that would be for you no but that's a good question so i'll tell you how to figure that out okay how do you like your current lifestyle now let's say it's it's great i i wouldn't change anything i i think i would like a little bit of a bigger apartment um um but actually it's not that important like that's not that important at all um so everything is fine like money-wise like uh yeah do you want yeah i would like to take more trips but that's not even a factor right now yeah do you want a family one day do you want to have like the kids or anything like that that's not that i know of like maybe someday i would but i don't have any goals like aspirations child wise or whatever okay a million bucks i would say probably less than a million so so for you to be able to spend two thousand dollars a month yeah but indefinitely let's let's even bump that at the 27.50 a month for you to spend that that's that's enough right 500 months so what i would do is 27.50 times 12. so you're spending 33 000 a year okay what you're going to be doing is basically for that money to last you indefinitely in an index fund portfolio you could spend about three percent of that every year without ever running out so what all you do is you take your annual spending of 33 000 multiply that by 33 and we got almost 1.1 million bucks so if you could get yourself to 1.1 million dollars you could basically guarantee that you will get 27.50 a month for the rest of your life without ever running out of money whoa so that that's how much i have to make a million dollars to just be set for like one million dollars would pretty much give you your current lifestyle the reason the reason behind it is that you're investing in something whatever you're investing in is growing yes and then if you withdraw a little bit of what it's growing each year it can continue growing and you could be spending the money that it's making so it will continue growing you're never actually you're not actually decreasing what you have as the saving or as from what you're withdrawing from you're never decreasing that but you're just taking a little bit of how much it's growing this is crazy information to learn yeah this is how they don't they don't they don't teach you this no they don't they don't i gotta make a million bucks to be set for life i would say one so realistically it's 1.1 because it's it's like a million 89 or something let's ground it i'm a million one that's if you want to live off 27.50 a month which is more than what you're currently living off of oh yeah if you want to do twenty two thousand dollars a month let's just say a million yeah that's a million it's got a nice ring to it yeah two thousand dollars a month twenty four thousand dollars a year attempting the least you could do is eight hundred grand so here's what i'll do i will list that auction and see what people come at me with no yeah i'll do that and i'll say also email me if if you want an alternate thing and if someone emails me a better offer i'll cancel the auction okay that's good and like this way it's just open to the world and uh also yeah yeah yeah but now at least you know that's how much money you really need and if you could make 2 200 bucks a month in doubt that you could focus on whatever you wanted to do yes and not have to worry about rent or you know food or anything like that you keep exactly but but the problem is if let's say you want kids one day or you want a nicer apartment or something you know you need a nicer car then all of a sudden now you need some more money to pay for it on the back which maybe as you grow older that's that stuff will start to like be like called to me i've yes i so what i've thought is that uh generally over time you end up spending a little bit more money because you want some more options usually for a lot of people they're not going to be happy just with the exact same thing over and over and over again they like to see that they're they're coming up in life that they're increasing it doesn't have to be like from from a shack to a mansion overnight but it could be you know you're in 400 square feet you want to treat yourself down to 450. you let's do that for a few years you want something like sisyphus it's what sisyphus you push a boulder up a mountain or whatever never heard of that oh is that the the guy that's in like it's like some greek thing yeah it was just punishment but it's like you never get there so you have to just like you're never gonna get there no no i mean that that's human psychology it's the um uh why am i blanking on it what's it like the adonik treadmill okay that sounds like very similar exactly so you're never gonna get there but like a hamster wheel it is a hamster wheel because well two things one rat race hedonic treadmill so you're always going to stay at your same baseline no matter really what happens but the other thing is that we as people want to continually progress so to feel good a lot of people will need to see them doing something to moving towards something and not just staying still so you have a mix towards feeling the same way long term but still needing to progress and do a little bit more and and and feel like you know things are improving in your life so it's a it's a weird mix between the two that's a good so that's a great analog that's like a great uh yeah just a bit of advice yeah so i i just caution you that that what you're spending now i think at some point maybe not you could very well just be like you know what i want to move to colorado i i could live in a in a camper i mean they think i rent every year also so i will need to be making more and more so like naturally i will need to figure things out but i'll just look at like friend boom wealthy influencer as an experiment uh i'll throw it out there maybe something amazing will happen and it's just an experiment so whatever happens happens my main passion is gonna be these other things smoothie madness i put out this book maybe i'll write another book i have this podcast thing that like someone asked me to make a video for hopefully that works out and and then that's where i'll focus my energy and i'll keep in the back of my mind this thing you've taught me about make a million dollars you're pretty much set for life you will need to make some adjustments but pretty much you're set um at least the baseline so i'll keep that back there remain open to this looks like the next opportunity that could bring me that and here's the thing when i made indoor garden my invention it didn't work out but i made a documentary when i made wealthyinfluencer.com didn't go as planned still could but i have that book to show for it what will come a friend boom a billion dollar website app or a documentary or nothing you know it's just an experiment i'll learn exactly if you go into things and you say i'm gonna learn that's the way to do it i agree and a million bucks by the way keep in mind you don't have to be like what's what's the next idea just like get it as soon as possible that could be over 20 years i mean that could be investing you know 700 bucks a month yeah i would like it as soon as possible but everyone would like that it's true but how do you make the world a place where everything is automated and no one has to work uh we should we could ask andrew yang universal basic income which we're getting i don't know anything about universal basic income or whatever but that would be the cool no like i mean some people like doing waiter jobs and stuff but i would prefer not to and i bet a lot of other people would so that's what we gotta figure out but in the meantime you can make things like friend boom wealthy influencer keep going yeah whatever i like that you made good use of the time while you're at home and you're working towards something i think that's a lot more valuable than doing nothing or just just sitting around moping around being bored you have something to show for it that's true but also if you're at home and you didn't do that it's okay right like like not everyone knows what to do right away because there's definitely been times where i didn't know what to do with my time and didn't do anything productive so someday if you want to write books you'll be doing it too yeah are you making money on youtube right now oh well i usually make like 50 to 100 a month this month uh like a thousand because that documentary came out and uh that's only the first few day like the like most of that's from the past week you need to post more on youtube yeah if you can have a schedule you could actually be making a decent amount just from that you need to i mean i don't see any reason why you couldn't be that is a good point the only thing is i don't have enough ideas to do it regularly and so i like whenever i put something out for it to be exciting and impactful and people notice like oh it's a new book because if i just posted a vl but i actually am filming a vlog that's why i filmed you when i first got here yeah because i want to make a 20 minute vlog that's called july vlog just because it was such an interesting month for me so that will be an experiment and maybe i will start posting more maybe i'll start having more ideas i'll tell you i have the ideas here your next big video i think you can get 50 to 100 000 views on this is responding to the comments of your video of ice cream man i'll incorporate that into the next smoothie madness i would now i think that's a good standalone video okay answering answering comments or you just title the video answering the haters responding to the haters seriously that's it because people love that what if i made one called this one's for the haters no just responders all lower caps lower caps yeah yeah all lowercase just responding to the haters period at the end you could do it to the jubilee video as well what you you should uh also react to the jubilee video as well okay yeah a couple reaction videos yeah maybe give a little bit more of an explanation on why you chose blue and uh yeah reacting to the comments and stuff yeah i like get responding to haters would be one video the next video uh talking about smoothie madness and my response would be this don't listen to the haters it would be it was good we need a long we need to get it to 10 minutes though so we put mid-roll ads in the videos so what i would do is go through all the comments you could read the nice ones but if anything is is bad respond to it and just and just you could that's going to destroy me would it yeah don't do it okay yeah if you're able to take an approach to it like it's comedy and you're able to look at this objectively and think like this is a stupid comment let's roast them let's make fun of it and you turn it into a lighthearted video then maybe i can respond to hate with positivity and i use it to teach a lesson but i i'm better at teaching lessons in books and stuff but i can write it out beforehand maybe yeah i think it's also important though that you know yourself and if you think that if you will see comments like that and they will ruin your day they linger then don't do it okay okay don't do it then okay this is because yeah for me when when i first started reading those those negative comments for me destroyed me i mean they would ruin my entire day now now i am at the point it doesn't really matter no negative comments on this video we got such a support there no one's gonna say anything negative but um other otherwise we will dislike your comment or constructive criticism welcome but that's just my message to everyone like let's be more positive okay then don't do the responding to haters because because i think because yeah you know yourself if you're gonna get to the point where it's i could do it for the clicks but probably should put it aside and just focus on smoothie maps movie madness yeah smoothie madness is a it's the way to go yeah i agree i like smoothie madness so let just quickly let's talk about your your features in in like mainstream films are you still collecting royalties from those yeah uh i i i get checks for like 200 or 300 bucks like every few months from those but at one point i got like a check for like twelve thousand dollars that was that was like in 2013 or something and i didn't even know it was coming so that was amazing and so that's why well i don't want to sound like i only care about the money but that's one of the reasons why i need to get more acting work because it pays so well it's just so hard to get but but i also just love doing acting but now i've found other outlets for my creativity we've got documentaries books smoothie madness and even business stuff like when i was creating wealthyinfluencer.com i was so like inspired and like it was because i was realizing this vision i wanted to create a website that was simple and easy to use and was it very intuitive decently so yeah a little and did you look at the courses at all yeah we watched we watched some of the videos cool it was a little like where to go next i was expecting a buy it now button well here's the th what like a buy it now like like something with something i had to purchase oh no nothing is for sale it's all free yeah it's a free like free to use website but it doesn't have a tool section developed yet once it has those then it would be like something i would return to and keep using and i really love the community uh someone tried to impersonate me on there so i do not use the community on there if you ever see someone posting as me it's not me can you just delete them yeah i deleted it but okay i don't want to look at it that often so got it if you see it in the future it's not me but also i don't know how i got there but yeah yeah are you able to share how much you made from your movie appearances yeah uh like thirty or forty thousand dollars i just talked about it on the h3 podcast last week so you made 30 or 40 000 from project x and 21 jump street mm-hmm how did you get those roles what was it what was it like did you did you know somebody or you just responded to an ad it was an open casting call but i had a manager so i had this one manager ditched him well he ditched me he fired me or stopped working with me got this other manager he told me about this open casting call project x flew me out they cast me easy first audition so lucky second audition i almost got but i didn't third audition 21 jump street got it so lucky um luck is a big part of success y'all are both successful do you agree it's not everything but it's a vital thing ian didn't have to make that documentary about me if he had not made it i would probably not be here learning about how i need to make a million bucks learning all this great advice i might be on unemployment uh who knows i maybe maybe i would be in a movie who knows you never know but there is an element to that though where you had a lot of work that went in leading up to that yes it is not the only thing that leads to success but it is one of the vital ingredients so what was the question uh that's a good question what is the question yeah what is the question i just i just asked how much uh how much you you had made oh and then i was asking about the audition process yeah so you got so lucky getting into these movies and then it didn't pan out afterwards uh i didn't get into as many movies afterwards which is fine i'm not saying it's cause of bad luck that wasn't my point but i got really close to being in this ryan gosling movie and i got really close to being in this we are the millers um yeah didn't it but but you know i'm happy with where i am now we'll see what happens next is there anything you would have changed are there any regrets no i'm looking back and you're just like i don't think done that i don't think of that okay it's probably helpful in some ways but mostly it's not helpful sometimes i think for me i'll look back at things i wish i could have changed or done differently and then just internalized that and thought to myself okay well at least i could use that as a learning experience and make sure you know in the future if that situation comes up or that opportunity presents itself now i know perfectly i look at it kind of how i see it yeah that's great advice when you first started out on youtube who are some of the most prolific creators smosh lisa nova yeah hmm i don't really like to think about the old days too much oh anyways okay what do you what what interests you what do you like talking about big ideas what's next or even small things i like to talk about nature walks hikes what would be your favorite activity to do if you could pick anything that you could do going for a long walk okay oh and creativity how long two hours quarantine has given me a lot of time to go for walks it's been really good for that and i'm lucky that i have the unemployment coming in yeah well i don't i don't think i will anymore now that i have other money coming in i'll have to report it and cancel the price but that's okay because it'll come it'll be more than unemployment would have been where do you like to walk to everywhere i love discovering new places like places i haven't ever walked before through quarantine i've discovered so many nooks and crannies in my neighborhood it's it's odd but now i feel like going on a walk like that yeah i know like you talking about your excitement makes me be like there's so many places like i would love and i haven't been able to do it so much this week that's why i think that i couldn't sleep because i've like instead i've had all these ideas going and uh which is exciting but you got to balance it out gosh i want to go on a long walk just like nothing impatient just just walk we can do that tonight if you'd like if you want to go alone no no i'm good i've got to cook dinner tonight would you consider yourself more introverted or extroverted uh introverted that's why i like walks do you think would you would you like a walking partner like someone to walk with or you guys could walk that's good but i like both okay i like both but yeah if you had friendboom.com you could go on what do i want to do go for a hike with someone and you go for a hike with someone who has a nice compatible person you do if you didn't like the person after 20 minutes like you start on the walk there should be like an ejector button no no you got to be nice still because uh then you just you just have to use your social skills so you would just can you get ratings like can you can they have like a public rating not a public one but you can report on your experience so friend boom can improve its algorithm um so if someone has a whole bunch of negatives like they stop they stop recommending yeah they stop pushing the shadow band the person that way the algorithm could like navigate like how to adjust itself so that it like knows to like okay we didn't succeed this time let's do it better next time and then if a person cancels the hangout yeah and doesn't report it they get suspended from the platform i would agree imagine putting too low ratings yeah that's what they would do they put the lows together it wouldn't be a it wouldn't be a five star system also i think your battery's low um oh friend boom would adjust its algorithm and you wouldn't give ratings on a five star actually i shouldn't talk about it anymore i'll seem like i'm just going on and on i don't want it to be too pitchy or anything it's not pitchy but yeah okay cool so it would be a fi it wouldn't be a five star system it would be more were you compatible or not what would you look for instead so it's not writing a person numerically it's rating the algorithms match abilities and the algorithm learns from that ideally it doesn't exist yet so i'll probably do the same thing i think if i were matched with a friend to go on a walk and after 20 minutes it's just like i'm just bored out of my i'd probably do the walk finish it off and then afterwards it's that's an awkward then it's awkward at that point like hey man i don't know if we can go on another walk after unless it was terrible unless it was like all really really really bad you're looking at the worst case scenario yeah i mean i don't know if that would ever happen yeah just ghost them like the messaging should be on the okay look that's why you can't launch this until the personality rating system has been thoroughly vetted yeah that would be interesting yeah very sophisticated personality rating system or personality not rating uh personality test no yeah it's almost like you're making a dating app just for friendship yeah yeah but but also with games involved and stuff so and do you want to hear about the business model or should we wrap things up i let's hear about the business model free media so so it's free to use for the most part but if you want to like unlock certain games then you pay to use those games or if you want to match with like up to if you've already done like used five matches like in a week and you've like already done five hangouts then you have to pay for your sixth seventh etc like so everything after five you pay for you pay for the games and stuff and then uh additionally you gamify the whole thing so people want to keep using it so you can somehow have leaderboards and stuff i don't know how you would do that but maybe there's some way to gamify it most hangouts yeah or i mean that might not that's not like the most people you've hung out with yeah and you call it the most i don't think that should be i don't think it should be like you should be a contest of who can hang out with most people because that's like they're wrong man we gotta wrap this up i have another hangout coming over oh oh okay um yes so so so but yeah um yeah like some other way to gamify it yeah that's that's interesting i'm thinking like five people is a lot like five people to hang out five people in a week yeah yeah you should do everything after three hangouts yeah you pay for something like that advertising is where i think a good amount yeah advertising will play advertising here's where i think um like waze could make a lot of money is uh like you know you you pick your destination and they would give you businesses along the way that'll offer you this oh yes this is perfect so you team up with yelp and you say hey you want to go to a restaurant they want to go to a restaurant are you open to vegan then it lists a restaurant what's on yelp yeah so you partner uh with these things and you you do it also if it's not yelp whatever rating place you do for star and above only so you know that you're not just sending people to some bad place it's been thoroughly vetted yeah yeah i agree i think that would be that would be it it's tough to then make like individual deals all these like little restaurants you know it becomes complicated then but making an iphone is complicated that's true but that's also a like a well i don't even know 10 000 person man production like it's out of the work right but not when it was just an idea it wasn't yeah steve jobs so i'm i'm saying this not to say i'm the next steve jobs but if someone is hearing this idea and wants to make it don't be scared of the complications it can happen exactly and that goes for any other venture you are thinking of embarking on i'm not just saying that to get people to buy my site saying it to inspire people to do whatever you want to do and also this site might not even sell i hope i haven't been too pitchy you have not been pitchy because yeah i'm really excited about these other things too see we could tell there's a difference between trying to pitch something i don't even feel tired anymore and uh yeah exactly and uh being excited about something like that okay yes good point good point so totally different i think people can pick up on that and when you're pitchy people like if i kept asking you to invest in it then it would feel weird yes yeah but no it's totally fine do you have any questions for grammar i oh i already asked them i already asked all the questions is there any other thing any anything else you're confused about or anything else you want to know no no i'm just going to rewatch this video later i'll ask i'll seek out the time stamp where uh you talk about roth iras and stuff and try and absorb that information better uh okay because yeah that's perfect if if only everyone had this opportunity to have life recorded because then you don't have to worry about forgetting things yep part of me wishes you could always just have like a like a body cam that's turned out this is as long as a whole movie yeah i would love that though like i i wish at some point like there's a little like yeah like like a contact you could put in your eye that's always recording like everything and it's being uploaded to a cloud and it picks up audio perfectly too but someday that will exist yeah i would love that and then if if you forget something or you're curious you just you could pick the day and the time and you could go back and re-watch from your perspective what's going on i kind of always thought that would be what it would be like after you like pass away the reason i don't try and create that is because i'm not passionate about that that's why i'm creating these other things because i'm a little more qualified but you're saying that's what you think it's going to be like when you die that's interesting i i think it's it's a it's a good perspective because then it makes you think that you should make the most out of your current life so when you do pass away you can go back and enjoy the fruits that here is here's maybe my theory so i have a few theories on this video it's like a big movie theater after you die and you just watch the whole thing no no you'd probably be able to like assume the you're like the movie click like fast kind of will you be like in your body like you can like you can send yourself to to be yourself in that specific time like it's not like you're watching certain moments you relive certain moments yes i'll tell you what i what i think i've got so many theories about this part of me believes there's a chance that you just keep reliving your life over and over and over again like the moment you you you die you just show up again you're born again and but you have i guess a little bit more wisdom or you have some like sometimes people have intuitions about certain things or they have they have these strong feelings towards or against something sometimes people have like like fears about something that are irrational but they're really you know so i think maybe we we go in to each life with just a little bit more wisdom and can better improve ourselves through that i've also thought what happens if every single time you come back as somebody else but then you get that makes more sense but then you get into the perspective of well how many thousands of millions of years has life existed for what if you come back as every single life form like one time you might come back is like the ant that's outside then another time you like come back as the aunt that's like 300 years old uh one life i come back is you know you my mom let's just say and you could relive that was a weird one but but you would remember that you were graham what's up you would remember that you're graham no because that wouldn't make sense i think you'd remember your no you wouldn't you wouldn't remember a single thing but you just get to live the life of someone you don't believe in karma or you do i i do i do when i don't i mean i believe what goes around comes around i really believe that if you are a negative person if you're mean you will generally attract more of that and and life has a funny way of of getting what you put out so i believe if you're a bad person if you screw people over you will find a way to put yourself in positions where you will you will experience that too yeah what do you think i don't know yeah i don't know i like to think that when i when i'm upset or really upset it often comes down to me feeling bad for myself so something unfortunate will happen and i'll sit there and be like oh my gosh i can't believe this happened and i'll start ruminating and thinking about it over and over again and it it makes it worse but if i can twist a bad event into some sort of like learning event or i can think well this only happens every once in a while or i can try to have a more positive spin on it it makes it better for me oh here's a great story we could end on this i'm gonna butcher this story terribly but it goes perfectly for exactly what you're saying uh there was this old story that went out there that was about a guy who lived on a farm and his horses ran away and the neighbor said wow your horses ran away that was really bad luck and the guy said we'll see the horses came back a week later but brought back more horses with it and the neighbor said wow that was really good luck and he says we'll see then his son is on is working on the farm and breaks his leg and the neighbor said wow that's really bad luck and the guy said we'll see and they came in the army came in shortly after that to draft people for the war and the son's leg was broken and so he wasn't drafted and the neighbor said wow that was really lucky and the guy said we'll see and so it really just depends on your perspective on things and even though a bad event might happen now you never know how that will turn itself around into a really fortunate event in the future like exactly sometimes the yeah thank you thank you i thought that was poetic hit the like button for that one but but seriously though when you when you look at really bad events it might not seem like it now but you will never know in like 20 30 years even at the end of your life you look back at that and and something has changed or something someone came up to you and just like killed you that would be very you would say that would be very unlucky yeah and then hope that you get reincarnated right see the thing about that is for the people that you died yeah so the people who are left are super sad so maybe them they learned that lesson you were just embarked uh there is like there's something missing in you and you can't really live a fully fulfilling life after that or you just you don't get to enjoy my own my point is more like usually everything has a silver lining i guess i was playing devil's advocate that's true but in a way that was like i don't know why i said that because you're making a very positive point but it just popped into my it's a good and the other thing that popped into my mind is like just put a like this is more missing the point but like yeah why doesn't he just capture the horse like why doesn't he put up a fence or whatever and like so but like sure but like anyways there's all these ways the sun should have been more careful you can miss the point a lot yes like a lot of the time so i i am getting you off track and you were trying to wrap it up so i love where it's gone no because it's it is true i think then it then it becomes a game of mental gymnastics of trying to figure out how it fits a narrative that's what's philosophical is that what philosophy is now a little bit yeah i mean like essentially not everything but essentially if someone ended me right now i'd pretend jack wouldn't jump in front of a bullet but um but let's say that i would hope that that would that would cause some sort of like like some sort of movement or at least bring awareness to something like like honestly if anything happens i think uh like that's what i meant is like if if you die like if i died then like still uh something can come out for the people who are still alive i would like heartbroken like if you go through loss or something still something good can come out eventually i would like to see some sort of long-term change in a positive direction at least that's what i would like to see uh then it would make it would it make it worse conservation ocean conservation would it make it worth it is that a cause you'd pass away for not now i mean let's have that out when i'm 80. are there causes that you would pass away for right now oh man now this is um so yeah let's wrap it up yeah that's just about it is there anything else you want to say uh please buy my book please tell me what you think about friend why is that funny because you said you didn't want to be pitched you like please by myself oh well if you want me to we'll leave it at the end please buy my book uh please tell me what you think about friend boom um uh please tell me what you think of wealthy influencer subscribe to my channel um pass this video on to your friends subscribe to graham and jack thanks for watching thank you so much for coming on here dax thanks for having me it's been awesome meeting you in person although i have not been able to see you this entire podcast me and jack can't see each other so if i like look up into the distance while we're conversing that's why there's a light box with a towel over it to be like to act as a light diffuser and it's just you want me to turn this camera to show no you're good turn around can you can you uh if you want to hire me as a filmmaker all right can you zoom in on us yeah there we go so with that said you guys thank you so much for watching we really appreciate it make sure to like subscribe i'm gonna link to all of dax's information down below in the description where you can also get by the way dax you need to get your two free stocks down below in the description get in the get in the frame oh do you want to be worried about growing okay okay yeah so you can get your two free stocks down below in the description when you deposit 100 on weeble one of the stocks could potentially be worth all the way up to how much jack fourteen hundred dollars whoa have you gotten your two free stocks yet this sounds really pitchy you can get your two free stocks i'm passionate about it though i get excited about weevils two free stocks you can get your two you seriously should get two free it's it's free i'll do it yeah i trust your money except for sure yeah so all you do now now it sounds pitchy but no seriously all you do use the link in the description seriously use the link in the description uh deposit a hundred dollars on weeble when you open an account what you what they're gonna do is after about seven days or so they're gonna give you two free stocks to open one of those stocks is going to be worth anywhere from like three bucks to twelve dollars the next one is going to be worth anywhere from about eight dollars to fourteen hundred dollars so you deposit a hundred the least you're gonna make from that is maybe like 12 bucks the very most you can make is like 1400. so for a hundred dollar investment you'll make some money back and you could just withdraw the money at any time so if you decide afterwards you just want the money you could just take the money out but you have to wait i think like a week or two but anyway that that's my pitch like subscribe oh how are we gonna do thumbnail all right we're good yeah cool uh what's the plan now oh should we do the intro uh yeah we could do the intro i don't know if we need an intro you introduced me already yeah yeah we introduced you but we usually have like a welcome back okay let's just do it really quick one second yeah