October's Funniest MFM Moments

The real value here is not the domain, it's not the website, it's Kristen Kent. Okay, so here's my proposal to Kristen Kent. Here's my counteroffer. My public, podcast counteroffer to you, Kristen. I'll give you the $20,000. I'll give it to you. In fact, I'll give you the $30,000 that you paid for this, uh, this domain. If you really paid that much for this domain, I mean, that's kind of crazy. And, uh, but it comes with this catch. We're gonna work together on this project. You're gonna do the work on the, on the, um, company side, and I'm gonna do the work on the promotional side, the distribution side.. And here's what we're gonna do with Sarah's List. We're gonna turn Sarah's List into a half a million dollar a year passive income stream. Eh, passive-ish, I should say. Passive for me. Eh, it's a little active for you.

And 90/10, you got it, sir. So you share the royalty with Sarah. So here's what we're gonna do. Actually, I don't know if I even wanna say this, this deal now that we're having these, uh, this, this intense negotiation. I don't wanna give out my great idea. Okay, I'll give up my great idea. So here's the great idea. Here's how we're gonna make this work. So normally a job board, this is like monetized as a job board, right? It would be a list of companies that we are curating saying these companies are great. And let's say we might take it to 24, 25 companies, um, rather than the 12 we have today. And normally on a job board you pay like $500 a post for a job posting. So we would need to go reach out to those companies, get them to post. And the other thing, you know, but, but hey, this is maybe premium. It's a curated job board. Maybe we could charge more, maybe $1,000, maybe $2,000 to be posting your jobs on here. So if we got people to do that, you know, let's say $2,000 a month, 24 companies, let's say half, half of them actually do it. You know, that's like $24K a month. Not bad. But I think we're gonna be in this kind of constant sales outreach period. So let me put out a different idea. Here's a different idea. We're gonna take these companies and we're gonna host a demo day once a quarter. What's that? What's gonna happen at the demo day? We're gonna basically, um, each week we're gonna feature one of these companies and we're gonna create an email list. We're gonna spin off our current email list and we're gonna say, we're gonna feature one of these companies. We're gonna do a deep dive of why this company's a good company to work for. And interested people, you know, high, high-quality people in tech might—

well, that needs to be an upsell. That needs to be an upsell where it's like for $25,000, like you get a deep dive.

Yeah, exactly. The next Google. Um, yeah, yeah, I'm used to working with people that are way smarter than me, and I like go over to the— I roll my chair over to their screen, and they're just like What do you want? I'm like, hey bud, um, can you do that thing again where you made the thing like bounce during the animation? Like, that was so cool. I wanna just like upload this to my Twitter. Can you do it again? And they're like, uh, yeah, sure. Um, so I'm used to working with designers, engineers that are way talented. So I, I kind of look at it as, as following. My plan is this: invest in everything. Cuz investing is easy and great. Uh, right? Like I'm a believer in this wave. I'm, excited about this. And I think that I can help because a lot of the people who can build this stuff, they don't know, A, where to apply it, like what's the, what's the actual pain point I should be solving? And B, they don't know how to like build maybe a defensible business or a go-to-market strategy that might make sense for them. So I'm like, okay, cool, I'm going to invest in a bunch of these companies. That's plan A. That's already in motion.

And I kind of feel like an idiot because it's like, oh cool, now you're interested in the new thing. And it's like, on one hand I get that, um, you know, oh, crypto, you are, you are in fact a dumb idiot who chases— yeah, I just chased the next shiny object. And there's some truth to that. Like, crypto was— the more crypto prices went up, the more I invested. And the more, uh, you know, then I created the Milk Road and like that I turn my content attention to it. So, you know, now, oh, you know, it's like that meme. It's like, you know, the guy who looks back at the new thing that's like, you know, the hot thing behind it. It's like, yeah, AI is that new thing. But at the same time, what am I supposed to do? I just saw a fucking flying object. I just saw a UFO. What am I supposed to do, pretend I'm not interested? Like, no, I'm super interested. Like, you know, count me in. Like, beam me up and, you know, have your way with me, aliens. That's how I feel about AI.

There's this awesome book by this woman named Angela Duckworth called Grit. Have you ever heard that book, Grit?

I've never read it. Yeah. Well, it's like centered around this story. It's like a study where they give a whole bunch of kids, uh, they sit 'em down at a table and they go, hey, look, You can have one marshmallow now, or in a couple hours I'll give you two. But, uh, I'm gonna set this here. I'm gonna go outta the room for a little while and handle some stuff. When I come back, I'll see if you decided to eat it or leave it there. And, uh, that will kind of tell me what decision you made. Sound good? And they leave and, you know, they just see who does what. And they measure these kids for like 30 and 50 years, like for years and years. And what they found is there's a correlation between traditional financial success, you know, like our traditional word of success. There was a correlation between how successful they were And the children that chose to not eat that one in exchange for getting two in the future, and the ones who put it off, you know, and ate two, they were more successful. And what you've explained to me is like the perfect, like real world but rare example of, uh, grit where it's like, no, I'm willing to like not do this thing now in exchange for a better alternative in potentially in the future.

Well, I always got like frustrated when I talked about like, you know, I told you this when they talked about Warren Buffett and Jeff Bezos talking about patience and having fun. I'm like, dog, you're way too old. Go have fun now. Like, there is no, there is no long, there is no long term, man.