Armando Pantoja
speaker
980 appearances
3 recordings
2 series
first heard Jan 2025
last heard Aug 2025
Armando Pantoja’s voice in public audio — every appearance, attributed to the second.
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Appearances
But once you start building up capital, you got to look for ways out of labor. because nobody of any significant wealth has gotten the labor for it. It's normally the ownership of some idea, a technology, or they got other people doing it for them.
And then the other thing... Because most people don't want to... You can always find workers because most people don't want to take the risk of owning a business. So you take on the risk, which is not that bad. And then you always have workers.
Exactly. I agree with you.
And it's funny about these events and stuff is that when I go to events, especially at InvestFest last year, it was like a lot of people would come up to me with these business ideas, apps or, you know, mostly tech. And the thing about it is that it's so many, I can't really, you know how I stop people from, you know how I stop people from doing that?
They come up to me, they show me an idea to give me the elevator pitch, and I say, hey, yeah, sounds great, man. So here's my email. Send me a full business plan by Monday. And 95% of people never send it. Of course. Of course. So I cut the conversation short. I said, look, man, I love the idea. Send me a business plan, Bob. Here's my email. And 95% of people never send it.
So that shows you how people will show up to networking events and really don't have a plan or a strategy or even don't want to put in the effort to get to the next level.
So I grew up in poverty. My father left when I was three, so I really didn't have a lot of money. I didn't even get a computer until I was 19. And that's when I bought it with the Pell Grant money from college.
Austin Peay, yeah. So that was the first time I had a computer in the house, right? So technology took me out of Clarksville, Tennessee, a poor kid, and made me into what I am today, just technology. Yeah. And I know I can see that we're in a transformative time from the late 90s to about maybe 2030, 35. It's almost like the Industrial Revolution in the early 1900s.
It has the power to transform a lot of people's situations, transform entire communities, transform entire ethnicities to a whole different level. If people would just pay attention and learn. And that's my because. I scream from the top of the roof. Many people listen because there's never been a time I can see in my life where things, to me, are more obvious than what they are today.
Like where to invest, where to grow, where to build your businesses at. Because the thing about technology makes it so much different than other industries is that the amount of money that can be made. That's why most companies are becoming tech. It's because if I make a factory and I sell, let's say widgets, And I'm selling these widgets and I can make them for $20 and I sell them for 50.
So let's say I sell it for 100. So that's like a big profit, $80 profit for each one. So in order to increase my production, I have to, you know, let's say I double it. Well, I'm still making 80 a widget, but now I have to have twice as many employees. The factory has to be twice as big. I'm using twice as much electricity, twice as much material. So my profit is still linear.
It's the same no matter what. It may go up a little bit, you know, based on the math of scale, you know, that does help. But it's still basically linear. Now, technology is different. I can develop one app. I can have four or five people running it. And as users come onto that app spending money, the chart looks more like a hockey stick, right?
Because the amount of money you can make on technology is exponential. And that's why stocks reflect the profit and tech stocks like that. And that's the reason why if people start tech companies, they can make money like that. That's a transformative technology where a lot of people can build a lot of wealth rapidly With small teams, just with a great idea and great execution.
And I understand that. That's why I preach it so much, because I know it has the potential for people to hear that message and make a lot of money and change their lives, their children's lives and their grandchildren's lives. Yeah. Just one five to 10 year execution on a set of ideas or an idea.
So I'm available on all social media platforms, Tall Guy Tycoon on Twitter. It's an underscore before. Somebody got my name before. I'm also on the Crypto Trends Podcast. You can see back here. I'm about to film it in a few seconds. That's what me and Robert Croke talk about what's happening this week in crypto. And we try to predict where things are going.
So it's a very popular, I think it's the biggest right now, the biggest crypto podcast on Spotify. So reach out, make sure you guys listen to that. And that's it, really. So I would appreciate if you guys would follow him.
6'6". 6'6".
Yeah, I used to be good. My knee is getting bad now, though. But I played overseas. I played in Puerto Rico.
As soon as my knee gets better, I'm going through physical therapy. I was still dunking before that. So I'll have to catch them off the rim and everything. Hopefully I get back to it. That was like eight months ago.
I appreciate it, man. Thanks so much.
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