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My First Million
Boys React: GPT-4, Billion $ Mint Mobile Sale, Original iPhone Sale, Bay Area Storms
Boys React:  GPT-4, Billion $ Mint Mobile Sale, Original iPhone Sale, Bay Area Storms

Boys React: GPT-4, Billion $ Mint Mobile Sale, Original iPhone Sale, Bay Area Storms

My First MillionGo to Podcast Page

Ben Wilson, My First Million, Nick Huber, Sam Parr
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12 Clips
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Mar 17, 2023
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Episode Summary
Episode Transcript
0:05
I feel like I can rule the world. I know where I could be, what I want to travel. Never looking back. Alright, Welcome to our Friday episode, boys, react. We got a guest host. Filling in Nick. How you doing, Ben? Thanks for having me, I'm doing
0:21
great. It's the Nikki a show today? Yeah, yeah, exactly. All
0:26
right, let's go through some news items. Do some rapid reactions. First of all,
0:30
Big news. Everyone is talking about on Twitter is chat GPT for it's the newest version of the AI. Its programming simple video games doing pong on its own stuff like that. Convincing taskrabbit workers to complete captcha for it. So fellas, what are your thoughts on the new chat GPT? Have you used it Nick? I haven't used it. I think these people need to go outside and touch some grass. You're not a fan. No, I think it's all a
0:54
joke. Dude, you are. So going to get left behind. I'm I don't use it, but I know that it's gonna change everything.
1:00
Dartmouth from HubSpot created, this thing called them chat spot and basically you could do a bunch of stuff but you can like talk to HubSpot and tell it what to do. So you could talk to it like a human and like you know how to thoughts really complex like it does a little bit of everything and you can just use normal words and be like make my website look like this or email these types of people who are on my list and I think that's a really good example. There's this you know what like the best iteration of a I right now is if you're watching Monday Night Football, you know how they put
1:30
The one line or the, you know, what are they call it? I don't fucking fall football. First, first down, you know, the yellow strip on the thing that's aii or you know, how when you back up in your car and you see like a 360 view of like everything around you, that's aii. So my theory is, if you have to say, this is AI and the product is good because of that, that's a horrible way to go about it. But if it's just freaking works all the time, that's a great way that, you know, the product is going to be good. So anytime something says, AI or web three and
2:00
That's how they explain. I go I'm out but I'm convinced they're gonna figure out another way. How to do this? Did you laugh? Because I didn't know anything about
2:05
NFL. No, I think that was a great explanation and I don't want to like I'll preface this by saying, I think these people are brilliant and this will be a tool that makes people more productive. Absolutely. Now, let me tell you that 99% of humans and Americans and everybody else gives two shits about AI, they're worried about enough. Money coming in their bank account on Friday to pay rent on Monday. And at their house is maintained if they have food to put in their kids bellies, it's absurd. Like literally we have a whole
2:30
All physical world. There's grass that needs mode at grow. Can you believe we plant we plant this green shit around our houses that every week, we have to go outside and cut it by hand, with a lawn mower. You got to go outside and do that. We gotta wash our houses, get a clean. Our floors, we got to install carpet, we got to repair windows. We have a physical world that's crumbling around the United States. Nobody cares about
2:49
AI.
2:50
Dude, you need to get out of Georgia, man. You need to get out of Georgia, hang out with the real people say for Sam. You didn't hear me here. You know how real people
2:57
live Sam? You didn't have me here to agree with you. All right, Ben, let's do mint. Okay, we talked about a little bit last episode, but T-Mobile is set to acquire Ryan Reynolds mint mobile. He owns 20 to 25% for 1.35 billion dollars. Wow, guys, thoughts on this.
3:13
What's 25% of 1.3?
3:16
Thirty three hundred million dollars it? Yeah. Holy crap more so and then he how much did he sell? What's it? What's his gin called or whiskey or whatever it was obvio or something? He sold that for hundreds of millions of dollars recently. So this guy is killing it. That's awesome. I 25%, seems like a lot of equity to give to him,
3:35
right? I think it, I think is crazy. I mean, I think this is exciting to me and it should be exciting to you, Sam to, because it's an example of somebody with clout somebody with a personal brand, somebody who everybody likes and love.
3:46
As which is the definition of sampar. They've been able to capitalize that. They've been able to capitalize that to an insane degree and I'm excited about what it means for people with distribution. Meaning, if you have ears and you have eyes and people care what you have to say, you can get involved in products and you can grow, massive, companies, Sam's doing it, I'm excited about doing it. It's just the beginning
4:06
of dude, hot. How much more famous is. Ryan Reynolds in both of us. 100 times is the 100 times more famous, of course, do you think more than a hundred times?
4:15
So what's up,
4:16
100 divided, what's his exit, divided by 100 and how much money is that?
4:21
Is that too? Is that two million everybody? That, that would be a lot cooler but yeah, I think it's cool. I like him. He's very likeable. He's significantly more likable than both you and I combined. Yeah, and better looking. I think I'm a lot more likable of the deal, and he's a lot. A lot, a lot more likeable than me. So I'm a lot more better look on
4:41
there and he's a lot more better looking than me. So
4:45
I think it's awesome.
4:46
Awesome. I like Ryan Reynolds. So Kudos I want to know. I've been asking him to come on this pot for a while. I want to know. Does he actually do anything? You know, like what he actually does? What's his day? Like, I'm very curious.
4:57
What's yes, what do you think is day is like same. I bet he's going. I bet he's waking up. He's taking a 20-minute meeting or somebody tells him? Yes! The whole time that all of his ideas are amazing, then they're going back and running the company without him. Or is he super involved? Is he getting involved with management? Is he doing marketing decision? No, I want to know how operationally in
5:16
Embedded. He is in this company. So one of the ways that mitt mobile and you quote, would your guess be so don't, how many direct reports does he have at the company?
5:23
Well, zero, I think has zero, I think probably as a chief of staff who manages his whole life. But zero, I think that I don't know much about MIT mobile. If I had to guess, I would say it's mostly a sales company. Meaning they probably just like layered on top of an existing Telecom and then just had a slightly different pricing structure and then targeted their marketing towards a certain type of person. I think MIT mobile is more
5:46
Like a like a. I think it's like a working-class thing because it's like a, it's all about price. So I think it's like really, really, really low
5:53
price. Here's a question for you Sam. Do you think a, a serious operator or entrepreneur or executive is in the background, overseeing all of Ryan's Holdings or do you think that he is that entrepreneur? I think he's the guy man. I think he might be the guy. I think he might be a leader in these companies.
6:10
So, but here's mit's, thing I said, they're a sales and marketing organization because their commercials are wonderful. And I think they're wonderful because
6:16
He says a lot of funny stuff on the commercials and he just does a really good job of branding the company, and I think they knocked it out the park with that, where they did a really good job of being irreverent, but still professional. And I think that is what he does. When he's like this crosses the line, here's the line that we can we can tow and how far we can push it and I think that's what he does which I think is easily worth the 25% because if I had to guess it's mostly a sales and marketing company and he crushed it and everyone knows meant mobile as Ryan Reynolds MIT, mobile and Reynolds, who the big holder, who was the
6:45
big holder Ben
6:46
Like it. Do you know who owned 75%? Yes. Let me look up the name really quick. So, this is a person that found an influencer with distribution. They knew they could build a company. They got him involved, and they put together the ultimate system. I love that business
6:59
model. I think it's awesome. Good job to Ryan Reynolds. Let's do gym or a quick break to let you know that today's episode is brought to you by the side, hustle Pro podcast a podcast hosted by Nicola Matthews, a comb a, which is also on the HubSpot podcast Network.
7:16
So the side hustle podcast is focused on people bringing their side hustles, into making them their full-time. Gigs, making them big businesses and so she's got a bunch of really interesting episodes. Her most recent episode is about a woman who was popular on Instagram and create a bunch of products and brought it into Target and get it into retail stores, which is really really hard. She has a few other episodes on changing the relationship with money and building a healthy, emotional relationship with money, which is something we talked about here which is definitely challenging, mastering self-talk. And then also how to have
7:46
Of a plan for the year and put it into action and much more. So go check it out side. Hustle Pro, wherever you, get your
7:52
podcast. So a woman in 2007, buys an original iphone right? When it comes out, she keeps it in the Box. Doesn't touch it for 15 years and is now selling. It, just sold it at an auction for sixty three thousand dollars. What are your thoughts on
8:07
that? Awesome. You want to know what I collect? This is weird but so my wife Sarah worked at Facebook. Now she works at Airbnb. So like these, like pretty like culturally
8:16
Important companies where we look back in 100 years and maybe I'll be like Ford or something or GE. And so whenever she gets gifts, like from Airbnb, they have branded Airbnb. I tell her don't open any of them and I collect all of them. So I have like an Oculus. That's unopened, I have Airbnb swag. That's still in the gift box. I have Facebook Facebook book bag that's unused. I collect all of this stuff. I love it. I love collecting this, like, iconic company stuff. And so, what I want to get is a Silicon Valley Bank.
8:46
Shirt. I real or a Silicon Valley Bank hoodie or what's the Sam bakeman? Free death. Yeah. SPX at The X, I want to get one of those. I really want to, I would kill for a throw nose or their nose, blood blood thing. Like I collect all that stuff when Twitter was auctioning off a lot of their office equipment. I try to buy a bunch of it and I and it went all above what I was going to pay, but I collect all that stuff. Now, what I really want to get, I want to get a monitor an old apple and a Macintosh monitor that has the Apple.
9:16
Like with the rainbow colors or I want to get the desktop Mac, that member, the ones that have her pastel colors, like the blues, and the pinks and all that stuff. I want one of those, I just want to hang it on my shelf, I love that stuff. This is awesome. I'm happy, someone did
9:28
this. I fully support collecting and storing totally worthless shit. I think that everybody should buy a ton of totally worth the stuff and put it in storage units right now. Put it all right in a storage unit and you can use a company called bolt storage to do that. I think
9:43
it's leave it under ever,
9:44
I think you should just keep it.
9:46
It for all time, but no. In reality we bought a, I got a funny story. We bought a property at auction, it had hundred eighty seven units, it was an Eerie Pennsylvania we went, and every unit had been abandoned. We had to go through and saw off like the locks and open them up and there was dust. And there's craziness we go, that's really good things. We found a ton of really cool things. 11 unit had like 60 bags of white powder. We immediately called the police. We never found out. If it was drugs or not, another one had a squirrel holding a baseball bat. Another one had
10:16
Old Indian Motorcycle.
10:19
Oh what type do you know what year? Got a
10:20
picture. I'll show you the picture when we get off this call.
10:24
What did you sell it for
10:25
it? Auctioned and I've no idea like we can't we technically couldn't touch anything in the unit's, we had to take pictures of them and have an online auction and the people bid on them and then they came and cleared out the units.
10:36
Do you know how old it looked at? It looks like there's some
10:37
30s. No, not that. That's what it was. It was probably like, not that old of a, pretty dumb P1 if I had to
10:45
guess. Oh,
10:46
do you suppose old Indian Motorcycles? You can get 50 60, 70 thousand dollars. Well, that's awesome. That's badass. That's a lot of fun. Actually to go and like, see all that crap. But anyway, on board with this lady who bought it. Then do we know just some some nerd, some fan. I don't think we do. I
10:59
think, you know, I remember when that I didn't know it was even in there. How did they know it was in there? If it's got that film on it. What are they do? Use a ultrasound machine to actually see if the thing was in their
11:08
food. I remember when that came out in 2007, I was a sophomore in high school and someone was watching YouTube on their phone and we were all like standing around it.
11:16
And that was like, it was like hearing the Beatles for the first time, you know, it was like, it's pretty amazing. It was, it was mind-blowing seeing that so that's awesome. All right, let's do one
11:25
more. All right. Last one. The reason that Shawn is not with us here today, A Massive wind and rain storm has left more than 200,000 people in the San Francisco Bay Area without power.
11:38
Fellas, any thoughts and prayers for our comrades, For the Working Class People of the Bay Area and the any thoughts. Are those people
11:45
did that really happen. I didn't know why he didn't have. I think every man
11:49
that stinks, I think every responsible this is going to sound very radical. I think every responsible man should have Provisions to keep their family alive for two weeks with no power and no internet. What do you have now? I'm not, I'm not a doomsday person who thinks they need to
12:07
Survive a zombie apocalypse and build a bunker to live for 6 months. But I think if you have a generator, some fuel, some Ready-to-Eat packages, in a way that I could get clean water, and of course, a way to defend Hungry Man. TV dinners, of course, a way to defend your house. If people come for that stuff you're going to be better off and every man should have that setup. In my opinion, it's like a very small investment and it goes a very long way. If shit ever did hit the fan, imagine being a wealth. What do you have Camp, Sam? Could you keep your family alive for two weeks? If
12:37
Everything. If your phone internet, cut off power, cut off everything gone. What would you do? The grocery, don't tell me. Gonna go the grocery store.
12:44
No, dude, I am a mini. I'm not quite a prepper but no, I'm prepared. We have a, yeah, I have that because when the Austin snowstorms happened and then covid happened. And then when a lot of the rights were happening, I definitely got fearful. That's one of the reasons why I bought my Ranch. Is we have stuff out there where we can bug out to. So I'm a boy with that. I don't think I'm ever going to have to use it but I agree. It's a very small price.
13:07
To pay for insurance. What do you do at the gas, dupe? Replace it every six months.
13:10
No, you put it in. There's these things, the military uses, and you put stable in there, and you can keep the gas safe for five to ten years in order to write on Amazon for 90 bucks, you fill it up with five gallons of gas. That's all you need. Then you got to get generator. You can keep your food cold and you know your kids kids warm. If it gets really cold in
13:28
January whenever covid happened. I had this Chinese intern working for me. He had family in China and he was a like a foreign exchange student and he was awesome and he
13:37
Is you know on what's the app that they use WeChat and he was like, Sam this covid thing. This is like a huge deal. This is it's going to come to America and I was like hung. This is America dude, we don't like we're Mass. We don't have these types of things that Asia has like this doesn't happen here. What you're crazy. The next month, he goes, dude, it's coming. It's going to be here and then March happens. And we see in the news, the first case in Seattle and then eventually Bay Area. And I was like, hyung
14:07
You're right, I'm wrong. I am so sorry and I went immediately to the grocery store and bought as much crap as we could and like I had like storage. We I remember like I was like you're right now. I understand why why people are afraid of this stuff and why I like the peppers exist, you're totally right. And ever since then, my opinion has changed on a lot of this stuff. So maybe it's like a man thing when you get a little bit older and start having a family. I'm not sure what it is. But covid, definitely opened my eyes to like, you know, it's nice to prepare for
14:37
Just the worst case scenario. I know a lot of guys who go way overboard and they like they have two years worth of stuff. I'm not into that. It's a
14:43
slippery slope, that's the thing about prepping. It's a very slippery slope and you got to have a discipline. Hey, I don't need more than two weeks worth of crap to keep my family life, but you want to know the other issue. It's really, really
14:54
fun. All the gadgets, like the different flashlights, the different generators, like I just love gadgets. So I just buy this stuff all the time. I just bought Sarah this like thing that will break your glass. If it go if your car goes underwater if you like, when am I ever going to use this on my
15:07
We never, but like it's sick, it was only 12 bucks on Amazon. Like I love all that crap. I've been doing all this
15:12
thing the best way to Save a Life. The best way to save life is put a tourniquet in your glove box. Everybody should have a tourniquet because a motorcy have one. Yep, a motorcyclist or a cyclist gets hit on the road 95% of time. You could save their life by being able to stop the bleeding but a lot of people can't so put a tourniquet in your car.
15:28
Dude. You saw the other day. How I held that t-shirt up to that guy's head. Like I saw a guy, I got a solid guy fall and I gave him a shirt and we stopped the bleeding yesterday at the meet up.
15:37
Guy was like a weird in the military. He goes, hey, I got this for you and he gave me a tourniquet and so he goes next time this happens. Here's how you use it and I was like, all right, so I have a tourniquet in my car now. So I'm on board. That's the news. Is that it? That's it. Thanks guys. Thanks for having me,
15:51
boys. I feel like I can rule the world. I know, I could be what I want to travel. Never looking back.
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