Dan Fleyshman
๐ค SpeakerAppearances Over Time
Podcast Appearances
What would you tell them to not go waste their money on three watches and three cars and a bunch of craziness, nightclubs and bottle service?
If you are an athlete, an influencer, a music artist, a real estate agent, someone getting a big commission or a big check or a big signing bonus, I implore you, please, please, please, please, please, don't go buy three cars. You're going to get numb after the first car.
If you are an athlete, an influencer, a music artist, a real estate agent, someone getting a big commission or a big check or a big signing bonus, I implore you, please, please, please, please, please, don't go buy three cars. You're going to get numb after the first car.
I'm not saying don't go buy one car or buy one watch, but when you buy your second, third, fourth watch, you'll become numb to it. You buy that Mercedes Benz and that Porsche and that Lamborghini, I promise you, after two weeks, you're going to be numb to that Lamborghini. It's just going to collect dust inside of you.
I'm not saying don't go buy one car or buy one watch, but when you buy your second, third, fourth watch, you'll become numb to it. You buy that Mercedes Benz and that Porsche and that Lamborghini, I promise you, after two weeks, you're going to be numb to that Lamborghini. It's just going to collect dust inside of you.
I collect watches, yeah.
I collect watches, yeah.
I've had the same watch since 2008. 16 years. 17 years now. Jason Beverly Hills, Dunamis, if you're listening.
I've had the same watch since 2008. 16 years. 17 years now. Jason Beverly Hills, Dunamis, if you're listening.
Exactly. I set up a retail store with the football player that passed away, with Darrell Russell. We built that store in downtown San Diego, and I had a display case for this watch company, for Dunamis. And when I got that watch, I've literally, since 2008, never even considered another watch.
Exactly. I set up a retail store with the football player that passed away, with Darrell Russell. We built that store in downtown San Diego, and I had a display case for this watch company, for Dunamis. And when I got that watch, I've literally, since 2008, never even considered another watch.
The other player next to their locker has got a big, huge chain on. They're like, where's your chain? I don't need a chain. Let me give you a real life example, guys. So let's say you wanted to go buy this Lamborghini, right? And you're a football player, influencer, athlete, sales rep, making a big commission. Something happened where you got a bunch of money.
The other player next to their locker has got a big, huge chain on. They're like, where's your chain? I don't need a chain. Let me give you a real life example, guys. So let's say you wanted to go buy this Lamborghini, right? And you're a football player, influencer, athlete, sales rep, making a big commission. Something happened where you got a bunch of money.
You go in spending a quarter million dollars on that car. Imagine this. You go buy real estate like Larry did. You're getting a five to one. So on a quarter million, it means you can go buy a $1.2 million house because you're only putting around 20% down. That $1.2 million house could start making you four grand a month for the rest of your life. So you wanted to go buy a watch or a Lamborghini.
You go in spending a quarter million dollars on that car. Imagine this. You go buy real estate like Larry did. You're getting a five to one. So on a quarter million, it means you can go buy a $1.2 million house because you're only putting around 20% down. That $1.2 million house could start making you four grand a month for the rest of your life. So you wanted to go buy a watch or a Lamborghini.
Imagine if you're getting 50 grand a year forever. Not counting appreciation, not counting the tax benefits, all the other things. but just literally netting $4,000 a month for so many years because you made that decision.
Imagine if you're getting 50 grand a year forever. Not counting appreciation, not counting the tax benefits, all the other things. but just literally netting $4,000 a month for so many years because you made that decision.
And then later in life, when you start to have your fourth house and your eighth house and a fourplex and apartment building and you're cash flowing six figures a year, okay, you can make different types of decisions because you're set forever.
And then later in life, when you start to have your fourth house and your eighth house and a fourplex and apartment building and you're cash flowing six figures a year, okay, you can make different types of decisions because you're set forever.
The problem I see is someone makes $150,000 commission from doing some deal and then they spend all of it and then they think they're going to go make that again over and over. It doesn't happen that way.