Dan Novaes is the CEO of Mode Mobile - whose vision is to sustainably offer a free smartphone & data plan to every person on the planet. Their "Earn As You Go" software enables millions of budget-conscious consumers to earn additional passive income through daily habits. They are also the creators of Mode Earn Phone (modephone.com), the first-ever smartphone that pays you.
What Travis and Dan discussed:
– How Dan started a company that capitalized on budget-conscious users' habits by creating an "earning operating system," offering rewards for activities on their smartphones, which evolved into a hardware-software integration model aiming to incentivize user activities through revenue-sharing agreements with advertisers.
– Dan, an entrepreneur with a history of entrepreneurial spirit and business savvy from a young age, built successful ventures by identifying and leveraging arbitrage opportunities, initially with Playboy magazines and Pokémon cards, later with Polo Ralph Lauren jackets, and eventually in the electronics market, exploiting the price difference between U.S. and Brazilian markets.
– The importance of adaptability and learning from experiences in entrepreneurial endeavors; Dan asserts that while having a vision is crucial, it's equally significant to make adjustments along the way, hire for areas of weakness, and maintain a balance between heads-down work and outward-facing activities.
– Why networking activities, including attending conferences or masterminds, can open up unforeseen opportunities and lead to a significant return on investment, though it requires intentional effort and can be difficult to balance with focused work time.
– Living to 120 years, crowdfunding, and much more!
Join us for an eye-opening discussion with Dan Novaes, the innovative CEO of Current Mobile, in our latest podcast episode. Listen as Dan shares his entrepreneurial journey from trading Pokémon cards to building a revolutionary tech company that's changing the way we use smartphones. Discover the importance of adaptability in entrepreneurship, how to strike a balance between focused work and networking, and even explore the concept of living to 120 years! Are you ready to gain insights that can reshape your entrepreneurial mindset?
This phone will actually pay you just to use it. On this episode of the show, we're talking the
founder and CEO of the Mode Phone, the first phone that pays you to do all the same stuff you're
already going to do. Check it out. Hey, everybody, what's going on? Welcome back to another episode
of Travis Makes Friends Podcast. Today, I'm making friends with Dan Novias. Dan is the CEO of Mode
Mobile, whose vision is to sustainably offer a free smartphone and data plan to every person
on the planet. Their earn-as-you-go software enables millions of budget-conscious consumers
to earn additional passive income through daily habits that they're already doing.
They're also the creators of the Mode Earn Phone, ModePhone.com, the first ever
smartphone that pays you. Dan, welcome to the show, man.
Thanks for having me, Travis.
Yeah. We met at a mastermind meetup. Actually, this one right here.
$100 million.
$100 million mastermind. It's funny. We go to these little breakout rooms,
so for those who aren't familiar with masterminds, usually you have a general assembly type of thing.
We have a speaker come in. They'll share something. And then we have these breakout sessions,
which to me are probably the most valuable pieces of the mastermind. And it's usually
five to seven of us in a room with one or two really smart instructors.
People go around and they share, hey, here's a little bit about my business. Here's a problem
that we've been coming up against. Do you guys have any suggestions or whatever? We all focus
on helping one person's business. And I remember when I got to your turn, everybody was like,
you immediately took everybody out of the rigmarole of what we do in those breakout
rooms because your business is so interesting and unique. As soon as we started having a
conversation, my mind started turning about, first of all, let me get this guy on the show,
but also what can we do? There's got to be some business that we can do together because it's
pretty freaking incredible. So usually we go directly into backstory, but I want to start
talking about your business a little bit first, and then we'll go back and talk a little bit
about some context. So explain to me where you even came up with this concept and then how you
got started building this company. Sure. Yeah. So it was around 2016, 2017. It actually started with
we had built a music platform. And our idea was to aggregate a bunch of different music
streaming platforms and media streaming platforms. And it never really took off,
but we had this one cohort of user that kept using it. And we then started interviewing
those people and was like, Hey, why do you use this? And turns out they all had one thing in
common. They didn't pay for subscriptions. They tend to be more budget conscious. And so we were
like, what if we just rewarded people to play music and created a business off of that? Because
they tend to have more time than they necessarily had money. And so we focused on that area.
And then that started to just have a lot of natural growth, that media. Problem was,
that's a pretty hard business to make work because music streaming already is a very difficult
business. So then we expanded into gaming, then we expanded into shopping, then we expanded into
all these services. And we noticed that vast majority of our users were actually on Android.
And then what started cultivating this idea is like, well, we're really creating an earn OS,
like an earning operating system. And the idea of the phone was kind of taking that baseline
software. And what would you do if you had a phone that we call Earth Phone? And would the behavior
change? And what we found is, and I literally just decided to run it as a test, as an experiment,
like, yeah, we're going to build a smartphone. It was relatively audacious at the time,
but we did it. And we ended up seeing that people that used Earn Phone with our software,
we're doing three times higher than the average consumer that was using the app and
retain two and a half times more. And we just saw way better data on it.
And I think the thesis is kind of like, if you go into a restaurant and go to a bar,
and you have a drink and it's half left, you tend to finish it, right? Because you paid for it.
And in this category that we focus on, which is like sub $150 type devices,
every device is kind of the same. We're not talking about the iPhone, $2,000 market here.
But if you have one phone that pays you and one does not, the consumer is going to choose the
one that does, especially when we're spending 40 hours a week. That is the average time
that people are spending on their device, which is a work week.
And you're not making them go do a bunch of other activities in order to earn. These are things that
you're already doing. You're going to be streaming music. You're going to be playing games.
You're going to be charging your phone. You're going to be unlocking your phone.
You're going to be doing all these things and everything's opt-in. So the more you do,
the more you earn, the less you do, the less you earn. And if you want to just have the phone
and delete the software and just use it as an Android phone, you could do that too.
And what we found is thus far, we've been able to help users or earners earn and save $150 million
through our service. So it sounds great, bro, but how are they getting paid for these things?
How can you pay a user to unlock their own phone? Yeah. So we'll work with advertisers.
The average person unlocks their phone 40, 50 times a day. And this is one of the functionalities
that we have in the product. But think about that. That's 50 times that someone's coming
and the first thing you're seeing is a news article or you're seeing this. And so we can
drive traffic to different places and advertisers pay for that. For the games, what we do is we
align the incentives with the advertisers and the user. So an example could be like, hey,
Candy Crush. Candy Crush, what do they want? They want someone to download their product.
And the traditional model of affiliate marketing was like, hey, you pay for this install and then
you tell the user to download this app and you get paid. Problem is that once you do that,
someone downloads an app and they stop using it. And so there's no return on ad spend. There's no
value for the advertiser. What we essentially do is kind of like, hey, how do we align the value?
And so what we'll do is we'll reward the user per minute that they play, which creates a habit. And
the advertiser will pay us on a specific CPA goal. If we do that for a bank or a neobank, it's like,
what is your goal? The goal is we want new accounts that have $5 deposit in it for like a trading
account or whatever it is. What do you want them to pay? Okay, I want them to pay $150 because
that's what it's costing them on Facebook or these other networks. And so what we'll do for the user
is like, hey, open up an account here, deposit five bucks, and we will incentivize you another
$75. We'll split the revenue with them. And now you have $80 to trade, which then creates more
value for the advertiser. And that's how we align. But we just do that across every single spectrum
of someone's daily life beyond just the phone. And so the vision of the company as we're
really going to this next level is to create the most amount of value back to people.
And we're taking the software and essentially starting to more create the Roku-style business
model. And so that essentially- You create an environment that you own.
Yeah. And I don't envision us to be the hardware manufacturer in the future. That's not in my core
business. We are a software company. We don't make money really on the hardware at all.
And what we're essentially doing, what Roku found in probably 2015, which were very smart,
that ultimately led them to being a $10-plus billion company, is that they were like, hey,
we're going to license our Roku streaming service to a television manufacturer like TCL or RCA or
whatever it might be. Those manufacturers are going to make their margin, which is actually
pretty difficult business. But this is why televisions have gone from $1,000 to $100,
and now there's a new company coming out that is giving you a free TV. And it's all streaming
supported. One of the co-founders of Pluto TV just launched this last week called Tele. He's
got over 100,000 signups in one day. So this model is coming. And because all the revenue
is coming from the revenue of the advertising and the data streaming. But we see-
The manufacturing is already super slim margins anyway.
Unless you're Apple.
Unless you're selling it for $2,000.
That's marketing. They have a huge, they have a 70% margin, but it's all marketing.
And there's a specific IP around that. So the thesis is around, there's 7 billion
smartphones in the world. About 1 billion of them are iPhones. There's 6 billion Androids.
Most people in the world are more budget conscious consumers. We started more budget
conscious and we're starting to see an uptick into the middle income, upper middle, especially
as we're launching new subscription style products. But we intend to then see, what we
want to see in the marketplace is kind of like a Samsung earn phone, a Motorola earn phone.
And we're just kind of licensing and getting the distribution.
And that's essentially the Roku style model. But I see it as a much larger market because today,
there are 700 million households with smart TVs. But there are 7 billion people that own
smartphones. The average household, the average person is watching about two hours of television
a day. The average person is spending 40 hours a week on their phone. And that's only going up,
especially as you go through the younger generations, Gen Z, so on, so forth.
So we see it as unlocking a new asset class. And we see it as really a movement
in the first kind of massive development since the creation of the iPhone.
So now you guys are looking to crowdfund and grow the company to a big size IPO,
have a bunch of users who are actual customers of yours, but also own a piece of the company.
And then they get a payout to use the phone and a payout to invest in the phone.
They're earning with you and making money with you as you build this massive organization.
Exactly. And I think one of the awesome things about where we're heading slightly, and a lot
of this is already happening in Web3, and we're doing it kind of through more of this traditional
way, which is like, okay, the paradigm that exists in that older environment is like,
these people are users. Internally, we refer to our users as earners. It's like, really,
we turn users into earners, and now we're turning earners into owners, if you think about it.
And the reason that we chose crowdfunding was twofold. One, we're a consumer-centric company
that has a moonshot vision of this is a massive business opportunity. But the idea is, can we take
these consumers and our earners and turn them into those shareholders and really build community,
build ambassadorship? So now they're earning money, but they're also getting exposed to
the upside of that company. And you could do that through Reg A+, which is a framework that the SEC,
through the Jobs Act, came, and you can raise up to $75 million a year.
Now, the benefit to a company like mine that is a consumer company, that you're advocating a new
type of concept, such as EarnPhone, and having a large user base, is that you essentially also get
brand awareness on your product. So now I can run marketing campaigns, just how I would with
LTVDK for retail investors, whether it's accredited or unaccredited. But more importantly, we diluted
our shares all the way down to like $0.08 a share, so that we could essentially then provide
micro shares with every redemption to users and free shares to users. So now they're earning
money, and we have users that earn hundreds of dollars a month, thousands of dollars a year.
In addition, they are also becoming owners of the business. And that is a really powerful.
And so our goal is, over the course of the next few years, is to go public with over a million
investors and be the first company to do so. And because we're taking the entire user base of
the EarnOS, whether it be through our app, whether it be through our devices,
and make them into members and shareholders and stakeholders of the business.
How old are you, Dan?
I'm 34.
34. And so you must have a Harvard MBA or something.
No, no Harvard MBA.
No, that's not part of the story?
Yeah, I was in the School of Hard Knocks.
Crazy. All right. No, I say that, obviously, sarcastically, because almost nobody that comes
on my show went the traditional path. There's always a story behind the story. So let's dive
in a little bit further into your history here. Because like I said, when I heard this, you guys
have over 50 million app installs?
Over 40 million registered audience.
Yeah. So it's not like you're blowing smoke here. We're not here talking about this like it's a
pipe dream. This is the first ever phone you've ever made, and you're hoping to get a couple
users and see how it works. This is something that's been years in the making. You have tens
of millions of users. If anybody's actually set up to see this goal, this massive goal accomplished,
it's definitely you guys. So I'm obviously rooting for you guys and happy to help however I can.
But I want to go back into the story here and really dig into how did we get here. So let's
start with, I know you started doing stuff pretty young when you were in your teens, started
making good money before you even graduated high school. So let's go earlier than that,
even. 10, 11-year-old Dan, set the scene for us. Tell us about where you were at that time.
Okay. So as background, I'm from Brazil, originally, Sao Paulo, Brazil. Big city.
When I was a kid, I moved to a town called Columbus, Indiana, which is a small town
relatively in Indiana. How young? I was like two, three, but I would always spend my whole life
up until I was 18, about nine months in Indiana, three months in Brazil.
Okay. So Spanish is your first language then? Portuguese.
Portuguese. That's right. Yeah. And then I speak Spanish. But the reason I set that stage is that
because I would always transition and always go visit the rest of my family,
and it's like two drastically different environments. You have the Midwest, where my
pence is from my town, to give you an idea. And then there's a lot of agriculture and all this
stuff. And there's an eclectic mix of people because there's this multibillion-dollar company
called Cummins. That's what brought us there. My dad used to work at that company.
And then there's what you'd expect there. So it's a very different environment. And going into
Brazil, it's like the city and all this stuff. As a kid, I would always notice the differences
of the different cultures. So what that ultimately created is as a 10, 11, 12-year-old kid,
I would go in Brazil, and I'd go to the newsstands, and I'd buy Playboy magazines,
and I would sell them to kids on papers for 20 bucks each. I made a few hundred bucks,
then I got in big trouble. And then she was so embarrassed. My parents were like,
they think that it's your dad's now, and this, this, and that. That was a whole problem.
So then I graduated from doing that because I was like, that's not going to work.
And so the next thing I found was actually there was this really interesting arbitrage.
I've always really loved Japanese food, so sushi is my favorite food. But so my mom would take me
to this Japanese grocery store in our town, and I noticed that they had Japanese Pokemon cards.
And these were the second or third edition. I remember when kids were buying these Pokemon
cards, and I know Pokemon's made this big comeback now, but it was really popular back
then when, call it like 97 or whatever, 98. And you could buy them at Target, and then you get
the Charizard or the Blastoise, and those things were like 40 bucks for a Charizard, right? I
remember that. But if you bought the second, third generation that were Japanese, they were all
like literally Japanese, you can get these different type of Pokemon. There's way more
holographic. So I would buy those and then trade the kids and be like, this is a custom thing here.
And then they'd give me their Charizards. And I would go to the card store, and I would just
rip the arbitrage, right? And so that was how I was kind of wired. And then when I was like 15-
Why do you think you're that way? Were your parents that way at all? Were they kind of
working class? You said you kind of worked for this other company or corporation.
Yeah, my parents are entrepreneurs. My dad was kind of an engineer by trade,
then moved more into the business side of things. And my mom was just a very encouraging person.
Like Dan could be an astronaut if he wants to be that. But I don't know, it's just kind of like
I've always- Just always wired.
I've just always wired this way. I don't know. I know that my great-grandparents were entrepreneurs
and stuff, so maybe it's in that kind of bloodline. But I started working in a company when I was 15,
because my dad wouldn't buy me some things that I wanted for my car. And so I started working at
Polo, and there's a factory outlet by my house. And man, I remember doing two weeks worth of work
and I was standing up. And I'm like, I'm 16, I'm in the best shape of my life, 15, whatever.
And I remember thinking, man, my lower back hurts. And I was like, then I got that first
paycheck. And I'm thinking, okay, this is going to be great. And even though I knew the hourly
rate, but mathematically didn't convert it. And I was like, $85. I was like, how is that possible
that I just made $85 and I'm breaking my back here?
That's like two Pokemon cards.
Yeah. And I was like, I was making more money as a kid, when I was 10. And on top of that,
I have to go to Arby's and buy these food. And I was like, that's like half my paycheck.
So I was like, pissed. Then I noticed there was this big group of Asians came through the store,
and they bought like 50 grand worth of stuff on a random Sunday that no one was there,
or it was a Tuesday or something. And it was just me and one other person. And I'm like,
man, we just sold 50K worth of stuff. I was like, my manager's surely going to give me a bonus of
some sort, because it wasn't a commissioning. And I got like a $20 gift card to like, or two $10
gift cards to like, literally the same Arby's. And I'm like, that's unfair. I was like,
they knew that I had a 40% discount, that I could have made like 15 grand.
And I could have sold them for half. I was like, I should have made five. And so in my head,
and I was like, that's a good idea. You know what? I started just going around the store and taking,
I had a Palm Trio at the time, and I was like taking every single-
Palm Trio.
And so essentially I was taking it and taking all these like, kind of like item numbers. And then I
was like, you know, I'm going to just cross-reference them on eBay. And then I found this
one leather jacket, because I'm already at the factory outlet mall, right? With the 40%, I was
able to get this leather jacket for like 150 bucks, but it was selling on eBay for, you know,
300, 350. So my dad had an emergency credit card that was for like emergencies that I like,
something happened. I have no idea what the credit limit was on this thing.
And I just bought four of them because I knew that we had a return policy. As long as I kept
the receipt and I did not touch the tags, I can return it for myself.
If you didn't sell them.
Yeah. Within a week or two. So I come home and my dad is furious. He's like,
what, what do you like? You know, I was like, dad, these are going to definitely sell.
And it's not a big deal because I can return it. And he's like,
and he had a flip. My mom like, you know, settled him down. And then I just listed them that night.
Flashbacks to the playboys.
Yeah. Oh yeah. I mean, yeah. I've always kind of like brought my parents to,
there's some unique situations that happen over the years. So, um,
so that essentially like happens and my mom, uh, or some, and then I list them that night and dude,
like of the four, three souls. Cause I, you know, I just list them at 300 bucks and I
literally made $300 like profit after the shipping whole deal. And so I just started
doing it. I started doing so much that my manager was like, Hey, like, what are you
buying all these jackets for? And I was like, my family, but he knew I was from Brazil.
He's like, you're spending twice of your weekly paycheck on jackets.
And I was like, they just really love these jackets. And then he's like, but you,
but you're from Brazil. It's like 90 degrees there. And I was like,
Oh yeah, but they're expensive there. But there's like different parts and like,
you know, people in that. And so it kind of got one manager was cool with it. The
gentleman was not. And then they like, you know, people will start thinking like,
is he selling? And whatever. So what I did was like, you know what? I'm not gonna,
I'm not gonna even deal with that. I just told every other employee that if you buy the jackets,
like you buy one or two a week or like every couple of weeks, I'll give you an extra 30 bucks.
And dude, I literally had a monopoly on these jackets. I was only there as an employee for like
three months. Cause I would always just say, I can't come to work. Cause I just wanted to
stay there for the employee discount. But anyways, eventually I heard I was going to get canned. So
I decided to quit first. Um, but I made like 20 some thousand dollars, $25,000 in four months.
Arbitrage on jackets.
Arbitrage on the old jackets. And so then I had some starting capital, right? And uh,
the opportunity that kind of led as I met this other guy that was selling kind of electronics.
And, uh, I just found this guy that was, he was selling, uh, iPods on eBay. And I was like,
this is a very, uh, like these are good deals. And, um, you know, it turns out to be this guy
that he had, he was an electronic distributor in Miami. He had this unique contact with Apple
where he was a Latin American distributor and they were selling kind of excess stock.
I hit him up, tell him I'm a 15, 16 year old kid, but he should trust me because I did this
and this. And he basically gave me the same pricing that he was giving people that were
buying 10,000, 20,000 millions of dollars. Because he told me, he's like, you remind me
of myself. Right. Um, as a kid. And so he was like kind of my first mentor. And I went down
to Miami, you know, he took me out. It was like, you know, he was a very like pivotal person in my
life at that point in time. And, um, and then I noticed there was other opportunities in arbitrage,
but this way it was actually a different arbitrage where I noticed that the, a lot of
these electronics overseas and this going back to Brazil, because one thing I noticed is that
in Brazil, my cousins would always be like, Hey, can you bring a PS three? Can you bring an Xbox?
Can you bring an iPod? And you know, to set the stage of how Brazil operates, it's like
everything is taxed at a two to three times higher value. If it's an imported good,
because the thesis behind the Brazilian government, what they want to do is kind
of like, Hey, we didn't want to have things produced there. So a lot of like car companies,
like Ford, they'll, you can bring parts in without that crazy import tax, but they want to create
jobs. So a Ferrari, for example, will cost like, you know, if it's 300 K here, it's 1.2 million
there. The other issue in Brazil is that the income is one 10th of what people may make here.
So, you know, it's very, it's an interesting market. What I noticed is like, Oh, okay.
This Mac book costs a thousand dollars here in Brazil. It costs $3,000, you know?
And so, uh, and it's, and for many back in the day, this isn't the case. Now there was a three
to six month lag sometimes when a product would come out in the U S cause it's always the first
market that hits. Um, and then it goes into these like Latin American countries. So oftentimes
people can't even get it. So there's an even higher upcharge because only the rich of the
rich is buying those things. So I noticed that arbitrage and I was like, okay, I'm going to
be the first person to sell those things there. So I was the first person to sell PS threes
in Brazil. And I paid a 10 of my high school friends to wait at Walmart circuit city. Uh,
and for 30 hours when the PS three came out, cause there's only 600,000 came out in the world.
And I gave him each 300 bucks in the States. They were very difficult
Yeah. I'm like 16, 17 at the time. And, uh, dude, I was selling these things for five,
$6,000 back in Brazil. And so that was like more starting capital. And then, you know,
I started to notice the arbitrage in other countries. So started buying, um, phones here,
unlocking the phones like blackberries overseas. And so, you know, all said and done by the time
I was like, you know, freshmen, college, whatever, this business was doing a couple
million dollars a year in revenue. And it was, I was all doing it all through eBay and Amazon.
So it was like, you know, I didn't even know what the word FBI, FBA was there, you know? And like,
you know, the, but that's just kind of how we operated. And, um, you know, I had my mom shipping
this stuff, like all the FedEx ladies knew her. She was like shipping like a hundred packages
every single day. At what point did your parents go from like, what are you doing to, uh, are you
hiring? Yeah. Yeah. Uh, well my mom, like day one, my dad kind of like, you know, took a,
took a little longer, but, um, yeah, I mean, it was just like an interesting experience.
And like my whole basement was like inventory. It was like literally like come to my house.
There's like 40 Mac books and like, you know, PS3s and all that stuff. And it was just kind
of like a sweaty thing. But, um, you know, they gave me a lot of leeway to do things. Uh, you know,
like my dad would call me and skip sick for school and my school was supportive too, you know,
and that opened up the door. And I ultimately did go to college and a lot of this, these things like
opened the door to scholarships. And I ended up going to business school in Indiana, Kelly
business school. And, um, but, and then that opened up a whole new world. Cause then I actually
got into digital marketing and ran like a very large, um, you know, uh, like fraternity centric
music site where there was like a million people a month listening to my playlists on that. Cause
that's when I moved, moved more into digital. And that kind of led the foundation of then,
you know, meeting my co-founder, uh, after college, you know, ran a bunch of businesses
there and I used all this capital from these businesses I'd run. Um, and you know, at the time
I wanted to build an app, it was right when the iPhone was coming out. Okay. And, um, I had this
amazing hack. It was like, you know, I paid like 25 bucks to, uh, um, Fiverr had just come out.
Right. And, uh, there was a TV show and I don't know if you remember this, but there was a TV
show on Bloomberg for tech stars and a tech stars had a TV show for like one or two season. And
basically if you won the people's choice for this commercial for your startup, you would get a
meeting with David Tish, um, who was the managing partner at tech stars at the time. Yeah. So I buy
this video for like, you know, $10, um, on, on Fiverr. And for those listening to tech stars
is a tech accelerator. Yeah. It's like white combinator competitor or whatever. And, uh,
and you get on the TV show. Um, and then all you do is get a bunch of votes. And I like had,
you know, ways of how to growth hack that growth mindset that, and I ended up winning.
And it was my whole cost. This whole thing was like 30 bucks. And then I get there,
I'm on the TV show, uh, or like we're on the TV show as the winner. And then I go meet David Tish.
Uh, the interview goes horrible. I don't get into tech stars, so that didn't work out. But,
um, because it was just kind of like, I wasn't like fully thinking it through on what the startup
even was like, I had the worst name. It's called was Zora. And I was like, it was the Pandora for
food. And it was like such a bad business idea. But I, it was my recollection of the experience
was that was the best 25, 30 bucks I've ever spent in my entire life. Right. So my next thought was
like, okay, well I have this site, this music site that people are listening to still. Um,
and I want to make an app for it. There's a big opportunity there. So I go on Fiverr is like,
is there anyone that's willing to make an app? Right. And I see someone that just posted the
day before, like we'll make out the five bucks. So I just hit up this person and I'm like, Hey,
like, can you make an app, uh, for five bucks? And then, uh, I get a reply and you know, uh,
I read the name and, uh, the name is, uh, K I R a N. And I read like Kieran and I'm like,
maybe he's from Bangladesh. He's like, no, five bucks can't do it, but I can do it for 85 bucks.
And I'm like, okay. Like no, no, no expectations. Cause we're talking about $85. Yeah. And I was
like, okay, sure. Tell him the thing. He's like, you know, three weeks later comes with like a
prototype of the app. And I was like, feel like able to play with it with like test flight. And
I was like 85. So I started talking to this kid. Um, turns out he's a high schooler, 17 years old,
um, from the UK. And he listed himself on Fiverr because he just read programming books,
um, and didn't feel comfortable with his skills, but wanted to get some real live work. Um, and
his name was Kieran. And, uh, and then basically he was like, yeah, I told him I just graduated
college. He's like, yeah, I'm just about to graduate high school. And then I'm going to
college. And then I'm like, I launched this app. Maybe like two weeks later, we finalize it. And
it made like 10 K. Right. Great ROI. Right. And I was like, dude, you should move here,
uh, to Chicago and we should start a startup. Right. And I convinced him to take a gap year
of school and move there. And his parents allowed it to happen. Well, so his dad ends up having
this crazy story where his dad, uh, got an invite to start a startup when he was around
not Kieran's age, but maybe a little older. And because he was kind of like starting out his life,
um, he wasn't able to that startup ended up becoming the largest hardware chip company,
um, in the world. So one of the multi-billion dollar companies and, uh, his dad, I mean,
he's very successful. He's had a bunch of like exit stuff was still like, you know,
that's the only conclusion I have is like, they didn't want to hold that back for him.
So he comes to the Chicago and you think like, okay, like now it's going to be great.
And we kind of just struggle for a year. We don't really do anything. Like we do some stuff,
but not, not enough. And he's like, dude, I have to go back to school,
but I'm down to work on this part-time. I'm like, okay. You know, my, my startup dreams,
like, you know, now we have the texts are saying that this, um, we come up with this idea like
before his freshman week. And we just kind of like, you know, hack it together and end up
becoming this like law, this Instagram, uh, it was a first Instagram liking app. Um, and so
Facebook had just acquired Instagram maybe a few months before. So it was a relatively infancy in
the product and it wasn't what it is today, but basically the way the algorithm worked on
Instagram was, um, if you can get the most likes, um, on a photo, you hit the explore page.
And it was like, the algorithm would hit it. Uh, what we came up with was an exchange system
that basically like you can post your photo and then someone could like it. And if all,
if they followed you, they would get one coin or two coins. If they followed you,
if you didn't want to do any of that, you can just buy an app purchases.
We launched this app, hack it together. I remember the day it launched and I was like
traveling in New York and it had three hours in the day and somehow it made like 800 bucks.
And I thought it was an air, right? I was like, so the next goes by and I'm seeing this app like
trickle through, it refreshes every three hours in the charts and it's trickling through to like
number four and number six and the top of the app store as a paid app that has an app purchase as
well. And I'm looking at the grossing charts and we're in like the 70th, 80th and the app is like
broken type stuff. Like it's, it's whatever. And then the next day it comes and it's like
made $14,000. Then the next day, $20,000. And so this kid's in his freshman, you know,
about to start freshman week. Yeah. And like, and it's like, you know, and we're making like,
like three, 400, 500, 600 K a month. And so this has happened. It's kind of continues.
He's working as part-time. And then I was like, Hey, like, I think that like we should,
you know, we should do a startup. Like, and, and, you know, we could either expand on this
or we can work on other apps like an app studio. And at the time I had an investor
that reached out, was just like interested in what we were doing. And I kind of was like, look,
like, uh, I don't know why I need money because like we're, you know, we're making a lot of money,
but he was needed a visa in order to come here because you need a special visa.
If you're not a college graduate and he was only 18. So he was not a college graduate.
And, but if we were able to get the, uh, like funding, uh, we could apply for a special visa
and have a much higher likelihood of getting it approved. So we ended up striking a deal for a
million and a half bucks at the time that we get an investment. Um, and then he drops out of school
and then moved here. And till this day, this person is my co-founder. So I met my co-founder
on Fiverr. Um, and we then built this company and, uh, had run a lot of different like businesses
along the way and several iterations had some exits. Um, but you know, it all started with
that Fiverr story, you know? So I think like the, the moral of the story is, um, I've always kind
of like taken a, uh, like, I feel like the world, people typically like, you know, see it here,
you know? And then like, you know, for me, I'm always like trying to look outside, you know,
I'm using someone else's hands here. And it's like, kind of like thinking outside the box
and whether that's, you know, things like the crowdfunding, whether it's like other formats
that we've done for a fundraising, uh, even how we created this business, it's like, um,
is everything going to work? No. Um, but you know, thinking outside the box and really going for
those moonshot opportunities and you just never know what will happen, right? In that sense.
And I think that that's kind of been always, uh, attached to the DNA of how I approach things.
Has there ever been a vision that you had that came to fruition exactly how you looked at it
from the beginning? Um, no, probably no, no. It's like, and there's been dozens of adventures
since you were 15 till now. Yeah. I mean, I would say like this, like, yes. And maybe
the correct answer is, um, it's really a yes and no. It's like, uh, there is iterations
that occur along the way. Always. I think the most important thing that you can do as an
entrepreneur, you know, actually just as a citizen, if you're human is, uh, take everything
and then use like the data that's coming to you and then kind of adjust accordingly. Cause you're
going to learn more. Yeah. Um, I think that I come off like, you know, with a lot of different
ideas and visions, um, about things. And then, you know, sometimes they work, sometimes they
don't, but they only work because we're also kind of like adjusting as we go. Um, but you know,
you have to have like the, um, you have to like be very not decisive, but it's like, I think,
you know, as a CEO, I think my biggest strength and sometimes that's my biggest street
weakness is, is, is setting vision. Um, and you know, there are some CEOs of really good
operation operators. I, uh, that's not like, that's something I struggle more with and I have
to really focus on either hiring for that or, uh, training myself to be like, you know, disciplined
in that nature. Um, so it's not where I, you know, have my strength. Yes. Yeah. Yeah. What,
what is, what have you found to be the best modality for you? Is it, is it bearing down
and forcing yourself into that position or is it you're hiring or partnering with people who can
be the operator? Well, I think I have, I still haven't been able to find, um, you know, I mean,
I, I resort, there's things in my team that I just like have been able to find other great people to
run, whether it's, you know, people or finance, like things that I, I'm just not that person to,
to think about those parts. Um, I do struggle in some components like around, uh, you know,
so I first attempt is always like hire people. Right. But then the problem is like, there are
certain things that I sometimes don't even know how to hire for. Um, you know, I have struggled
that on the product side of things, like really find someone that can lead product, product vision,
um, or this idea, because usually I kind of like, you know, I like to be in, in that driver's seat
for that. Uh, but at the same time, I'm also not the best executor. And sometimes like,
I need a counterbalance to my, um, you know, kind of like idea, idea, idea, idea. And I think that's
why I've worked so well with my co-founder because he is more of a, like naturally a skeptic. He's a
more technical, whatever. And so he'll kind of like help me guide there. And we have disagreed
and committed on several things. Um, but generally I think like the modalities that I typically try
and even do within my week is like, I am either in a networking mode or I have a networking day
or I have a work day. And so I have certain days in the week that it's like, we're just like work,
work focus, like we're not doing events or anything. And then I try and stack my schedule
to be very specific on the day itself. Um, but I also, even like now, like, you know,
I'm on this podcast, like there are, there are streaks of time where I go and do like media
centric things and been on TV and do podcasts and news and all that stuff. Then there's times like
heads down building. I am in heads down building mode for the next two or three years. And I find
it difficult sometimes to do both on those times. So I'm still trying to figure out how to do that
because I think that that is like what I do need to do. Um, and to be able to do both. Yeah. And
in a more thoughtful way, cause I don't think it's like needs to be one or the other. Um, you just,
I, I just try to be intentional when I go out and want to do media. Um, and there, what's the
purpose? Like, am I trying to advocate something? Am I trying to market something? Am I trying to
meet people? Am I doing an investment round? Am I like, what am I doing? And sometimes you just
need to be heads down and focus and you, you, you can't do everything. You know what I mean?
There's, you only have a certain amount of hours in a week. Yeah. There's certainly a line where
you just start getting pulled into other people's agendas way too often, where you feel like you
can't say no. So you just say yes. And all of a sudden you look at your calendar and it's like
80% of your time for other people instead of your business and your employees. And I think the
problem is sometimes like, I struggle with myself is I say yes to myself too much too. Cause like,
you know, I'm just like, I, I, I, man, I like, it's like a blessing and curse, but like sometimes
I just like have all these ideas, especially at night and I can't sleep, but, but it's like,
not that I can't sleep because I have like, you know, uh, you know, forgetting what it's called,
but when you can't sleep at night, um, yeah, insomnia, it's just that, like, I'm so excited,
you know, about something. I mean, there are times where you're not excited and you're like,
I really need to figure that out. But there are other times where you're just like, I'm pumped.
Yeah. I'm pumped. I'm really pumped. That's a really good idea. I really need to remember
that tomorrow. You know? And then it was like, man, I only slept 30 minutes, uh, you know,
and then you're destroyed. And so that's, that's like me saying no to myself is sometimes very
difficult. I hear that dude. Yeah. There's, um, sometimes my wife will just be like,
it's like 2am and she's like, what are you doing? I'm just like over there, like typing something
on my notes just so I don't forget it. I'm like, I'm definitely gonna forget this in the morning
if I don't remember doing right. Yeah. Right. Yeah. Yeah. Then I'll wake up in the morning
and sometimes just have like literally like 2000 words of just random notes that have come to my
brain from like nine, 9pm when I initially tried to start going to sleep. Yeah. It's like,
hi, how long does it take you to wind down? Five hours. Um, yeah, man. I mean, I, I get that.
That's um, like I try to keep my phone like in a different room now, but sometimes like the urge is
so strong. It's like, I got to go in that room and I got to just write it, you know, just get it out
of my brain at least. Yeah. Yeah. And then you like five melatonins, you know, uh, when, when
you said, uh, you said earlier, you kind of, you know, look at it as like working and then
there's networking. What is, what do networking activities look like for you? So networking
activities is, um, I mean, it could look, you mean more things. I mean, like the mastermind
is a networking activity. Like, you know, people look at these masterminds as, um, I mean, there's
a pretty significant costs being in some of them. Right. But you have to see like the people that
are going there, they're investing in themselves. Um, and there's a reason they can't even afford to
be there in the first place. And you know, the ROI that I've gotten from events or masterminds
far outweighs any cost of that because there's, you know, like this, like, look, I wouldn't have
been on this podcast. We wouldn't have like, there's, there's a, uh, a vertical in our
business that we're kind of exploring now because of a conversation I had with you passively because
we happen to be in the same room in this one place. And the amount of times that has happened
because one little thing led to another thing is like, you know, is crazy. Um, and so, you know,
those are like, you know, I'm very intentional about those and which ones I join, um, other
forms of networking. And sometimes these are actually more difficult for me to say yes to.
Um, like I'm actually here like in Vegas right now because I'm at a conference called Mao and
we have a bunch of partners and stuff, but I only decided to come here on Sunday because like,
I'm like, so why should I really go there for this conference? I was like,
I can, I can do everything like via video if I need to, like, what would I actually do?
But like, I came here and like, I had so many new opportunities that just had popped up and even
like things that we brainstormed with some of these partners that I'm thinking is going to
create eight figure opportunities in the very near term. And you know, I just came, you just
got to go. And sometimes like that networking is harder for me to say yes to. Um, but it's,
I always am always like, when I leave, I'm like, thank God I went.
It's difficult, man. Cause like that, that's the, we used to try to sell, um, um, when it,
back when I first started my show, it was called build your network. So we used to try to teach a
lot about networking and building relationships and how important it is and why you should do
it intentionally and all these other things. The most difficult part about selling like
networking, whatever courses, educational products is exactly what you're saying
is that there's no guarantee. I can't sit here and be like, Hey man, if you go to that event,
when you walk away, you're going to get, you're going to, you're, you will have met this person
that can lead to eight figures of business for you. Exactly. Like I can't say that that's going
to happen, but it's for sure not going to happen if you don't go. Exactly. I mean,
and it's a really difficult thing. Cause like when I'm at home, I can actually execute like
that focus time and you can come up with ideas and walk and you could rest and you have a routine.
Those things are really nice. You know, like right now I'm like, you know, 10 hours of sleep
in three days, you know, and I'm, you know, I'm, I'm, I'm energized, but I know that that's not
healthy for me. Sure. Um, so, you know, a ring reminds you of that every morning. I've had it
off for two weeks because I've been on one right now, like with these different, you know, events
and things. And I don't even like to see us work cause it creates a like subconscious stress,
you know? And so I'm like, when I get back, you know, do a nice NAD plus get the ordering like
charged up. And then like, I'm back on the routine. How do you like the NAD?
Oh man. Game changer. I, well, I do it intravenously, but uh, I do like once,
like once a quarter or something or no, man, I go once every like, uh, probably like four
to six weeks. And then I do glutathione high dose glutathione, 1200 milligrams, like, uh, three,
every three weeks. Okay. So explain what the NAD does for those that are listening. Cause this is
something that I actually probably less than a year ago heard about for the first time. Sure.
And then the more I'm talking to more people about it, the more I realized how many people
are starting to do it. Yeah. So I'm not going to give the, uh, cause I'm not,
I'm not like the full, uh, you know, like experts and, uh, you know, exactly the, um, the, the,
the process I kind of like the, on a molecular level, but fundamentally, um, your cells are
essentially kind of like, you know, like dying and like, right. And, uh, and oxidizing exactly.
And, um, and NAD is a component of that. Right. And it's actually, uh, you know,
that is what creates age age is actually, um, the number one cause of death, right? Because,
you know, I was actually, um, at this, uh, this thing called summit at sea this past weekend,
it's kind of like Burning Man meets Ted. Okay. And there was a, um, you know, a bunch of amazing
entrepreneurs, Richard Branson, and all these people were there, but, um, the, uh, this,
this doctor named Mark Hyman, very well known. Right. Yeah. Um, and so I figured, you know,
you might, he's like part of the network. Um, he had something that was like, kind of stuck with
me. I was listening to his talk and he's like, okay, uh, how many, how many years do you think
that if like, we were able to get rid of heart disease or cancer, uh, would extend human life?
Right. Like, I'm just curious, like, what do you think? How many, if heart disease was like gone,
right? Like, like heart and heart attacks and things like that, or cancer, if it was just
like, we solved it for it. How many years do you think that the human lifespan would increase?
A decade. Yeah. So that's actually very close. It was like, it was like five to six years for
each. Right. So it was about 10 years. Um, if you can heal aging, like revert aging or stop
the aging process, it was like 40 years. People would live on average to 120, um, which is like
really interesting. Right. And you know, like that was a very different problem to solve for.
Right. Cause aging is the ultimate death killer. Right. Um, and so, uh, high level,
what the NAD is doing is it's anti-aging, right. It is a replenishing your body
and, um, making it so that it is, uh, aging slower. Right. It's replenishing the compound
in your cell that's responsible for aging when it starts deteriorating. Exactly. Like when NAD,
like you already produce NAD. Exactly. When you're young, but when you get older, you produce less
and less and less and less and less. Exactly. So this basically gives you a dose of that. Yes. So
that it prevents you from, from aging literally. Literally. At a cellular level. Yes. And you feel
this. If you do it intravenously, you feel it. It kind of is, it's, it's uncomfortable. I sort
of like it, but my wife says I'm kind of psychotic that I kind of like it, but it's like, uh, cause
I feel it's kind of like a nice little, you know, a little buzz, you know, but, um, but it's, you
know, so, so that, and then, and then the, and the glutathione at high doses, glutathione is extremely,
um, you know, uh, effective for anti-inflammation. Okay. Um, and for me, I've always had struggle
with gut issues, uh, for the last 10 years. And so it's part of my regimen. Um, and I feel it,
I see it, you know, how my body reacts and the places that I kind of like feel inflammation.
Yeah. Um, and, and whatnot. So, you know, those are part of the things I take along with like
peptides and, um, you know, digestive enzymes. And I, I mean, I'm very gut focused because that's
always been a thing, but I know, you know, there's a bunch of guys from the mastermind that do
peptides in a totally different format for sleep or for, you know, like muscle gain, like all that.
I haven't messed with that stuff yet, but I do like the research grade peptides for
this gut inflammation thing. And man, I am like, it's like the biggest game changer
that I've ever been exposed to in the last, like, you know, like, you know, year or not year,
but like in my lifetime, but like, I only was exposed to it like last year and it was just
like big change. Have you messed with stem cells at all? So I've looked in some, I actually went
to the stem cell Institute in Panama. I tried to actually just do a walk-up appointment. And
I was like, my friend, uh, we have a wait list for six months. And I was like, well,
can I see the, the, the center? Cause I've, I happen to be in Panama for a connecting flight.
And I was like, maybe I can just do the stem cell while I'm here. And, uh, the guy looked
at me like I was a fool, you know? And I was like, but I read the book, you know, the stem
cell therapy. Um, yeah, dude, I mean, I've considered, uh, I haven't, I haven't personally
done it, um, uh, yet, but I've considered doing it and read a lot into it. And I'm, you know,
it's like kind of like a next phase thing, you know, to me where it's like, um, you know,
you have to be careful with this type of stem cells. If you're doing like umbilical cord
stem cells or, and like, you know, the source of it, cause like, you know, you know, depending
those places are very like reputable, but I mean, I'm really into that science, whether it was that
I've looked into like, even like things like, you know, with people that have gut health, like even
fecal transplants and that I haven't done that. I haven't had to, but it's something like, I
consider everything. And I've always been kind of like gravitated towards, you know, I found out
about Wim Hof like eight years ago. And I actually studied with him in a small group of 20 people
like right around that vice video that came out before we were like, he really blew up
and got into the ice bath stuff. And like, you know, I'm always like looking for that next thing.
And I just think, cause like you can perform at like your highest level or counterbalance
things that genetically have either already in me or that through outside factors have impacted me,
um, in a specific way. Right. Um, like whether it's, you know, chronic illness or, um, you know,
I had like a meningitis kind of thing when I was 22 and it was like a very scary time. And I feel
like my system changed after that. I think a common denominator of high performers is they
realize that at some point along their journey, they eventually have a realization that they
are their number one asset. Yes. Your ability to perform at your highest level
is the difference between doing a million a year, doing a hundred million a year.
It's like, it is that big of a difference. So you are not constantly trying to optimize yourself,
trying to learn how to be a better version of you, whether that's through knowledge,
whether that's through physical health, which also is better for mental health, which allows
you to think better, allows you to communicate better, allows you to meet better people.
Like at some point, I feel like every high performer I've had a conversation with
had some sort of realization along the way that it's like, Oh, it's not really about like not,
it's not even about investing as much into assets at first. At first it's like,
I am the number one asset because I'm the only asset that I can invest in that has a sure return
exactly every time. Yes. You know? Yeah. And you, and it's like, you know,
and you're in yourself day to day. So, I mean, it's not, it doesn't feel like it's happening
overnight and it always seems slower to us. But I think the reflective thing, component of that
too, is that, you know, for me, I had a big realization. I was like, man, like 33,000,
right? That's right now, that is the average amount of days that a person lives. And when
you say 32,000, it's like, not that much. And when we're, you know, 34, you know, you're,
you're halfway there, you're not at 14,000. And, you know, and then, so when you can account for
things like that, whether that's in your relationships with like, you know, for me,
anytime I get really, you know, frustrated with a family member or some situation with someone that
I care about, and we have those, you know, in your family and loved ones, it's like, you know,
like in my life, I spent the most time I would ever spend with my parents from the ages of zero
to 18. And now if you do mathematically, like, hey, I may see your parent, your parents, like,
you know, once every three months or once every two months or whatever it might be,
you're dealing like four to six times a year. If their average lifespan is another like 10 years,
we're talking about another 50 visits, 60 visits. So is it really worthwhile to have a pissed off
conversation with someone that you love? Because if you do it as a countdown of 50, 59, 57, 56,
that changes the game. So it could go from things of that niche situation, or even like, you know,
I wear black every day for the last eight years of my life. And people, I like how it looks. So
that's why I do it. But mathematically, it also saves me approximately 10 minutes a day, right?
And it's also much easier to pack and travel. And I always do carry ons. I never have to do
with that stuff. So I'm always on the move and easy on the go. But if you mathematically do it,
every single day, if I'm saving 10 minutes, it's 240 hours a month, or sorry, it's 300 minutes a
month, which is, you know, let's say five hours. And then over a year, that's 60 hours, which is
two and a half waking days. And then two and a half waking days times you doing that for 30 years,
it's like 60 waking days. And then if you mathematically do that, it's like an extra
eight months of life, right? Of like actual time, just because I didn't decide to pick my clothes
and everything matches, right? And so it's like, there's so many different things like that that
you can do and account for. And that's kind of like, I think, you know, a lot of high performers
think about things in that way. And arguably even more of a difference than that, because
it contributes to decision fatigue when you have to decide on stuff like that. And every day you
have like this decision fatigue threshold. Exactly. That's why I'd like at the end of the day,
my wife and I, you know, she works full time and takes care of the kids a lot. And then I,
you know, we'll have these couple businesses and everything. I'm super busy. By the end of the day,
when we're trying to decide what's for dinner, neither one of us can decide what's for dinner,
you know what I mean? Because it's just like, neither one of us wants to make the decision.
It's just like, ah, I don't know, anything, put it in front of me and I will eat it. You know,
like at this point, at this point I just don't care. But I literally, but then you like,
there's a decision fatigue and then it's like an hour later, it's like, so wait, what are we eating?
Yeah. And so we have that, me and my wife have that for food. We have that for like,
uh, you know, what do you want to watch? You want to watch this? No. And then it's like,
like an hour later, it's like, you end up just watching the office on reruns.
Yeah. Yeah. Yeah. Or you just don't watch anything. You're just like, now it's too late.
And it's like, just go to bed. And then you're just like, man, I just wasted an hour. Then I'm
like, thank God I wear black. You know, like, that was like literally, cause it's also like
that happens, but I'm like, well, at least it's not happening. Both things aren't happening.
Yeah. It's so funny. Somebody, uh, I had a blue shirt on recently and somebody said something
like, oh, that looks, that looks good on you or something like, or just, they were just so shocked
that I was wearing anything but white or black. Cause that's typically how I, it's just like,
throw some shorts or some pants on and have a white or black tee and it's long sleeve in the
winter, short sleeve in the summer, maybe tank top, you know, but it's white or black and it's
just make, like you said, I don't know. I just don't, it doesn't, it's like, fashion's not
something that I'm passionate about. So why spend any more time than I have to think about
or find a look that you like? You know, I make, I make the, uh, my shirts ironically in Brazil
through one of my mom's like contacts that I would make shirts. And I'll just, and she'll,
one time I found a nice cut of a shirt that I like, I was like, can she just make me 40 of these?
And every year I just go to Brazil and I get 40 long tee custom black shirts, which I'm wearing
today. Um, sometimes they have a pocket, sometimes they don't. That's how I deviate. And, um, and
that's, that's all I do. It's been 10 minutes thinking about what if you want a pocket or not.
Yes. Yeah. Yeah. Um, we'll do what, what's, uh, what's coming up next. What, what is the big
thing that you guys pushing right now? Yeah. So, I mean, the, uh, the main focus right now has been,
um, is around this kind of like reggae plus that we're doing. And, you know, uh, that I was kind
of mentioning, it's like, you know, I massive crowdfunding project. Yeah. Massive crowdfunding
project. Um, I, I've never seen a company do something like this. There's been cool iterations.
I was, I was really inspired by like, uh, back in, you know, I don't know when that was like
2016 or something. I don't know if you remember jet.com, right. Got acquired by Walmart for like
um, and they ran this really cool promo. Right. And it was basically like, they were trying to
get people to sign up for jet.com. And basically, um, the amount of referrals that you can bring in
to sign up would give you a certain amount of points. And, uh, there's this awesome story.
Like, you know, you should either get them on your podcast or just kind of read about it. And
like, you, you could look it up, but this like a bunch of people did it. There was some guy
that was like a marketer clearly. Um, and he found some way to get like 18,000 referrals
into jet.com and ended up winning. And basically the way the ones that you would get like a certain
amount of like stock warrants into the jet.com. And I think like the founder of that was able to
raise a hundred million right off the bat. So he was a very like, he was, he was, I'm pretty sure
he was like a pretty experienced, like, you know, cause you, yeah, you don't raise a hundred million
with nothing because he was just an idea. So he was like, whoever backed him was banging him.
Bottom line was it's like, you got $10 million in stock, something like that.
Guy wins. Jet.com ends up getting acquired for two, $3 billion, whatever it was. And this guy's
like $18,000 investment in this like random referral campaign ended up netting him like
20 or $30 million. Right. And, uh, and I was like, that's amazing. Right. And like the second
place winner won some. And I was like, cool. But the jobs act didn't exist back then. Right. And,
you know, if you're willing to go through the process of, you know, reviewed and then audited
financials and you kind of essentially it's like a mini IPO, like essentially you're doing the same
thing as you see a whole thing. Well, and you have to get external account. That's what I've
been doing. Cause I mean, we've had a lot of revenue and our business has been more mature
than most companies that are either, um, you know, doing a crowdfund. Cause then there's like
the smaller crowdfunding platforms where all they do is invest in like a VSL and then a marketing
campaign. And they're like, if we get enough signups, then we'll eventually make this product.
Exactly. So it's like kind of interesting. The crowdfunding market is literally like,
you know, very small companies or, um, and there's like a little middle, but like, or like
huge moonshot businesses. Like there's a company here in Vegas that I introduced you to boxable
and you know, they have the Elon Musk, tiny home, the little casitas, and he's raised over
a hundred million dollars at a $3 billion valuation from 50,000 investors or whatever it is. And,
you know, that's a moonshot business. There's another one in California that these guys called
they do this like solar powered car and they've raised like a hundred million dollars for this
concept from like 25,000 investors because people want to see these things come to fruition.
So what's interesting about like this whole model is that I see, it's like the businesses do well
tend to be, um, moonshot companies that people can relate to and that they believe like in a very
sign them and cynic type of way. Um, like the why behind it and that they see, like, do you believe
what I believe? And, um, if you get down with that, instead of like having, you know, five
investors that put in 5 million each, 10 million each, um, you can do all this marketing. You can
give the free shares to your user base and then also, you know, raise money. And I think that
that's kind of like aligning incentives across the entire proponent of the cycle. And if we want
to focus on marketing, it's like, why not use marketing in a way that, you know, helps the
company grow while also getting me more distribution and more access to more people that are, um,
with our mission. Yeah. That's, that's the whole thing for me is what's cool about your
company is that you've built a through line from the mission, from like downloading the app to
having the phone to being an investor in the company. It's all built on the same through line,
which is like helping budget conscious consumers add some money to their bottom line without doing
anything different, which is, I think a mission that a lot of people are going to get on board
for, which obviously about 40, 50 million have already. So, um, I have no doubt you guys are
going to get to some of the other goals that you have, uh, have in store, dude. Thanks for
taking the time. Thanks for coming on the show. Um, where can people find more from you? Uh, that,
uh, some follow some of the stuff that you've got going on. Yes. I mean, our, uh, so the crowdfunds
on invest dot mode, mobile.com. Um, we'll have a video there about everything there. Um, you know,
personally, um, you know, I'm on Instagram and Twitter at no bias dot AI or no bias underscore
AI on my personal, but, um, I'm going to start posting more often than, you know, I'm going to
get you up and get, get more stuff. Yeah. Cause I've been, I've been on the hibernation,
hibernation, meet a heads down. So it's time, bro. It's time. This is too good of a story.
Like, I mean, obviously we represent people for our company guestio whenever I, I get pitches
all the time, you know, from people's stories and that people that want to get on podcasts and book
big appearances and all this other stuff. And like, I very rarely come across stories that I'm
like, Ooh, this one could do some damage. And yours is one of them. So thank you, man. I'm
out there a little bit more, share a little bit more of the story. I have no doubt. This is going
to be something that we look back on in a few years and, uh, uh, you know, cheers with some
champagne somewhere. So good cigar or something. I'm looking forward to it. That sounds great.
Um, all right. So go follow Dan on all the social platforms. It's going to be posting a lot more.
And then, um, check out my Instagram too, cause we're gonna do a quick little product shooting
in a demo of the, of the mode phone over there. So, uh, and you can go obviously get one of yours
over at mode phone.com. Is that correct? Mode phone.com. Perfect. Dan, this is awesome, dude.
Thanks so much for coming on the show. I appreciate it. Thank you.