Transcript
Auto-generated transcript. Not time-synced to the video.
there was a
family of great wealth
where
as often happens unfortunately to
families of great wealth you have the
parents who worked really really really
hard
to amass
a fortune over decades and decades of
hard work a patriarch coming in every
morning to the office
at six a.m you know staying all hours
working tirelessly
and then unfortunately sometimes you
have the scenario often you have a
scenario where a child who grew up
with the silver spoon already planted
firmly in his mouth
who now wants to be able to
make a lot of money too because he wants
to be able to feel good about himself
and but he doesn't want to really put in
the work because he never had to put in
the work he didn't grow up like his
father his father grew up you know
doing a paper route in the morning when
he was nine years old and his father
grew up i actually just had a kid come
over to my house the other day and a
nine-year-old kid knocked at my door and
he says do you have any jobs
i thought it was awesome i unfortunately
didn't i didn't really have any jobs our
dishes were just cleaned and you know
our house was clean i didn't really i
felt so bad i'm like i'm so sorry i
won't even just think of a job to give
him just to keep him busy but you know
that's a scrappy thing to do and it's
very very good so you have this guy
who's been working hard his whole life
you know working two jobs while he was
in college and building up this business
from scratch and now you have this young
kid he wants he wants to come in he's
gonna make money and he's pushing all
kinds of things cryptocurrencies and
dogecoin and this and that and who knows
what and
he starts losing the family money
so one of these families the father sat
down with the kid he's like listen kid
we are a real estate family
we made our money in this business we
worked really really hard to get here
you're going to come you're going to get
an office right next to me
and you're going to start you're going
to handle the bills and the utility
bills and you're going to handle the
the
complaints from the renters
you're going to get involved you're
going to make sure you get the plumber
out there on time to fix the stuffed up
toilet in unit 4c you know and the
garden view apartments you're going to
be you're going to get involved and
you're going to start working your way
into your success you tried making your
money already
you wasted a lot of family funds already
on dogecoin and shiba inu and whatever
it is and
gamestop and all kinds of we you lost
our money already you lost what we were
ready to allocate to you for that now
it's time for you to come
sit in the office next to papa and learn
how to work a business for real because
that's how one day you're gonna be able
to do this
so
sure enough the kid's not too happy
about that but
what daddy says is going to rule because
you know the golden rule he who has the
gold makes the rules and daddy
definitely has the gold
so
anyway now as most people of of
considerable means they have a a
gatekeeper usually it's a
different we have different words for it
people used to be called the secretary
now they're called an executive
assistant or you know whatever it is and
and they usually have a gatekeeper who's
incredibly loyal to that person and
really has their back all the time
and is almost a fierce protector of the
time
of this wealthy guy they've been working
with this guy for 30 40 years
so one day this guy's in his office and
his executive assistant valerie who he's
been working with for 30 years 40 years
i mean the trust he trusts her
explicitly she comes in she's like
harvey
you are not going to believe what i just
heard your son saying it's like what are
you talking about
look we all know your son is not so
happy
you know we all know your your son is
not so happy with his current position
he'd much rather be making millions in a
few quick trades and now he's coming to
work every day and you make him be there
at nine and remember he came to you last
week with this whole
weird idea they're gonna build condos uh
on top of a reclaimed garbage dump in
puerto rico or whatever it is
and you mixed the deal
the guy who's pushing the deal was just
in the hallway
and i heard your son telling this guy
look man i'm disgusted with my father
but we're not doing the deal
i'm disgusted with my father we're not
doing the deal
and this guy just loses it he calls his
son in
joshi get over here right now and he
starts screaming in the whole office you
know you you know the situation i don't
know if you've been in this situation i
hope you haven't but you can definitely
picture it in your mind the whole office
is listening the sham it's ryan the
entire egypt can hear you know
and he's not you you ingrained what's
wrong with you you're my child i raised
you i gave you everything and you messed
up you already lost so much money i'm
trying to teach you how to make an
honest living and you still come to me
with these ridiculous highfalutin ideas
you're going to build condos on a
reclaimed
eco-recycled garbage dump in puerto rico
you're out of your mind how dare you do
this what's wrong with you he's yelling
and yelling at joshi
josh he's standing there looks at his
dad like what are you talking about it's
like i know what i'm talking about you
were just in the hallway when that guy
was pitching you that scam artist who
was pitching you this deal and you told
them you're disgusted with your father
you're not doing the deal you're
disgusted with me i'm disgusted with you
get out of my office
josh he looked at me says dad
i never said that
i said i've discussed it with my father
we're not doing the deal
i've discussed it with my father we're
not doing the deal not i'm disgusted
what a little difference
and you could end up saying things
a father in that fit of anger right
how do you be say you're disgusted with
me you're never going to make it you
were always a loser and then those guys
you can't get those things back
by judging somebody
unfavorably you could end up really
destroying a relationship
you
