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Daniel Priestley

๐Ÿ‘ค Speaker
4387 total appearances

Appearances Over Time

Podcast Appearances

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

This is going to be on the internet someday.

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

The mathematics bend reality at about 2029.

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

Once the financial engineering required to make this thing work, you need something like a 45 times growth in the number of people paying for subscriptions and the number of businesses.

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

Like...

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

Take something that is over the last five, 10 years, there's been a product that has gone exponential, which is a Zempik and GLP-1 weight loss drugs.

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

The amount of spend to build out and satisfy that demand is actually pretty minimal.

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

Those companies spend about 20% of their revenues building new factories to produce new GLP drugs, right?

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

So CapEx is about 20% of revenue.

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

We're seeing with the AI stuff, CapEx is hundreds of percent of revenue, right?

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

So it is a financial feat that we've never attempted before.

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

Look, the things that I know are good for people is I really believe that everyone should build a little bit of a personal brand.

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

So a personal brand means that 2,000 to 20,000 people know who you are.

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

They know what you do.

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

They know what your experiences are like.

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

They could approach you about an opportunity that would be a good opportunity.

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

So build a bit of a personal brand.

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

Don't be invisible in this particular time because, you know, it is one of your assets, which is to take some of your knowledge, some of your playbooks, and to let people know that that exists.

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

So I think build a bit of a personal brand.

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

Second one is have a go at entrepreneurship.

The Diary Of A CEO with Steven Bartlett
Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

right?