Joined August 2021
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you support me 🤝 i give you money it's that simple.
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Elon Musk reveals he gave SpaceX less than a 10% chance of succeeding when he started it "I gave SpaceX less than a 10% chance of succeeding at all, to be clear. In fact, I told people this. I said, look, we're probably going to fail, but we should give it a try, because if we don't, if there's not a new company that enters space, we will never be a truly space-bearing civilization." "The other aerospace companies, they build good rockets and everything, they were simply not pursuing the technology that's necessary to make life multi-planetary. To make Star Trek, to make the exciting science fiction futures that we read about real." "What SpaceX is all about is to take the fiction out of science fiction and create an exciting, inspiring future for everyone. We want to be able to take anyone who wants to go to the moon, anyone who wants to go to Mars or anywhere in the solar system and maybe beyond the solar system at some point. We want to be able to take you there. Not just a few astronauts."
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Kevin O'Leary says most venture capitalists have never operated a business and have no idea what they're doing "And you put up $500,000 or a million bucks into somebody's business, 8 out of 10 is going to fail, maybe 6 out of 10 depends. You just don't know." "And I love it when people tell me, oh, I know when I make an investment it's going to work. They are so full of s**t. I'm talking about startups. They have no idea what's going to work." "And you won't know for five to seven years, which is why you need diversification in the portfolio." "But I would go as far to say now, you know, when I meet venture capital firms and young analysts that work there and they think they're so damn smart, they've never operated a business, they know nothing. They have no idea what they're doing."
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Kevin Hart reveals why collecting the right people around you matters more than any single deal "You were able to invest in lots of great companies like Function Health. That's valued at 2.5 billion now. 11 Labs, which were valued at 3 billion now. MoonPay, Yoga Labs, Sweat Pals, Radiant, Nororganics, Palter. Tons of stuff. Stuff that you would never expect me to be in." "How much of this game have you learned in hindsight is about people? Because even when that person was saying to you, that analogy you gave of they're telling you to put your money into this thing and you're going, are they stealing? You're going to have to lean on someone you trust, like someone in your circle that you know." "I'm wondering, because people don't talk about it enough, how important it is to collect the right people. Can you think of moments where you met a person and that was game-changing and you understanding a whole new world and what was behind the curtain?" "All of my people could see this. I'm just going to be extremely transparent. Like you, before you get to the right people, you run through wrong people." "I'm a believer of the grow. I think it's dope when we can all say we started a certain way, but we're ending up in a completely different space." "Along that journey of growth, some people won't make it. You can be patient and you can want the best for some, but they might not want the same for themselves." "But in business, what you'll find is that the emotions can be your worst asset."
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Kevin Hart reveals the most dangerous drug in the world "Biggest drug, it's not cocaine. It's not heroin. It's not Molly or opioids. The biggest drug is fame. And now it's more accessible in different doses." "The reason why it's the biggest drug, because it's a drug that makes you feel like you are powerful and like everywhere you go, anything you want, everything you want, it's a thing. And if you can't handle this thing, the consequences attached to when that thing is removed are severe." "Nobody prepares you for the world of fame. There is no handbook. There is no outline. There is no guide. Step one to step 10. There's nothing. You get it. And yesterday you weren't. And today you are. And tomorrow you're not. People get shell shocked." "That to me has always been the point of no return. This can wear off if and when, however it decides. And if that were to happen, well, what am I? Where am I?" "It's all going to center back to, are you happy with who you are and what you did, are you at a point where you are okay? Do you know you and are you okay with you?"
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Kevin O'Leary reveals the simplest way to start investing for the time first "How do I get started investing for the very first time? You've got to use an app. It's the easiest way to do it." "If you're just starting out and your salary is 68,000 a year, that's the average salary in America, you download it on your phone, you decide I'm going to keep 10 to 15% of my salary each month." "The app is going to take it out of my bank account and just put it into an ETF in the market or a mixture of ETF and bonds, but you can set it up that way."
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MrBeast reveals the single easiest way to be successful "You have to find what you love because if you find what you love and you obsess over day after day, week after week, month after month, year after year for a decade, you're going to achieve some form of success." "But if you don't truly love it you're going to quit way before you get that compound growth and you really get ultra levels of success." "So in my opinion the easiest way to be successful just find something you truly love."
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MrBeast reveals why he would never leave YouTube to build his own platform "I love YouTube. I mean you've got to think about it like YouTube comes preinstalled on Android. And so people go there through Google. I mean all roads point to YouTube." "I love being the biggest creator on YouTube. I f*** going and doing my own thing. That sounds stupid. Like, hell no. Like, I can have one of the largest audiences in the world." "Instead of thinking about building my own platform, I'd rather think about building businesses, leveraging my audience off of YouTube, like Beast Burger and our snack brand and other stuff like that." Joe Rogan: "Well, I don't think it would nuke your audience. My point is, I think you're so big that you would just transfer anywhere." MrBeast: "Yeah, but then you don't have like, because we're constantly gaining new growth. Last year we gained, on the main channel alone, we're the most subscribed to channel in the world. We gained 36 million subscribers on the main channel." "If I had my own platform, it'd be like one or two million. Across all the channels we're getting like 7 million subscribers a month. Just plummet if I use my own platform."
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MrBeast says a mentor is the single biggest cheat code you can get in any industry "A mentor is a f***ing cheat code. If you're in an industry where you can get one, get one. Like a lot of people enjoy, if they're really passionate about what they do, they enjoy talking about it. They'll mentor you for free just because it's what they love." "But what's fascinating about a guy like you is you didn't have a mentor and you became one." MrBeast: "Exactly. Like you figured the system out. My point would be like if I knew what I knew now like three years ago, I mean I'd be on half a billion subscribers or whatever. Like my growth would have been so much more extreme." "It's like knowledge is just so OP. If you're in an industry where there are other experts, just have them teach you what they just spent the last 20 years studying. Don't you go on your own 20-year journey. Just learn from them. Then start your journey."
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MrBeast reveals why a 10% better video gets you four times the views, not 10% more "I mentor YouTubers a lot. One of the people I've been mentoring recently, he was doing $24,000 a month and then he recently had a $400,000 a month on YouTube." "He was doing 4 million views a month, 24 grand. And then probably like seven, eight months into it we got him up to 45 million views." "It's much easier, as weird as it sounds, it's much easier to get five million views on one video than a hundred thousand views on 50 videos." "You could upload one great video a year and get more views than if you uploaded 100 mediocre videos." "If you get people to click your video 10% more and watch a video 10% longer than mine, you don't get 10% more views. You get like four times the views. A 10% better video is four times the views, not 10% more views."
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MrBeast reveals he and 4 other small YouTubers spent a 1000 days straight doing nothing but obsessively studying YouTube and they all hit a million subscribers within a month of each other "Basically what I did was I somehow found these other four lunatics. Three of us were college dropouts. One was a high school dropout. And one I don't know he just quit his job. We all were super small YouTubers and we basically talked every day for a thousand days in a row and did nothing but just like hyper study like what makes a good video, what makes a good thumbnail, what good pacing, like how to go viral." "We would just call it like daily masterminds. We would just get on Skype every morning and like some days I'd get on Skype at 7am and I'd be in the call until like 10pm and then I'd go to bed, I'd wake up and I'd do it again." "We'd do things like just take a thousand thumbnails and see if there's correlation to the brightness of the thumbnail to how many views it got. Or like videos that get over 10 million views, how often do they cut the camera angles." "Everybody had like 10, 20,000 subscribers when we met and by the time we stopped talking we all had millions of subscribers. We all hit a million subscribers like within a month."
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