You Cant Have Both

0:00I sell multi-million-dollar houses to rich people. >> Love it. >> I want to make I want to make a hundred million dollars. >> Love it. >> And if I don't do that, then what's life like? >> Yeah, I know. >> I make like two million profit this year. >> Great. >> On the coaching side, another million profit. >> The coaching side? Where is that? >> So, I coach people how to build houses, too. >> So, you build houses and sell them to rich people. >> Yeah. >> And coach people on how to build and sell houses to rich people. >> They might not sell them to rich people, but like >> Yeah.

0:27>> [laughter] >> Everybody need a house, you know what I'm >> Yeah, everybody got a house. >> And I'm trying to figure out like how to how to blend the offers together and make everything make sense and >> So, you've two businesses. >> Yeah. >> Which makes it four times as hard as running one. So, that's tough. The coaching business is not going to do a hundred million dollars a year. >> Yeah, I know. >> doesn't do that. You might be able to get it to like twenty to thirty. You building and flipping houses for sure can scale to a hundred million, can scale to a billion a year. >> Wait, wait. You say you get to a billion?

0:55>> Yeah, for sure. Home builders? Yes. A hundred percent. For sure. You just build houses for rich people and sold them. And what stopped you from doing that more? >> I mean, I'm doing it. It's just It's more cash flow. >> Any reason you don't just raise capital? >> I mean, I got a lender that he fund the deals. >> Okay. >> He's a Mormon. >> So, then what stops? You said Mormon? He's a Mormon? >> Yeah, he's Mormon. >> Yeah. >> But I'm saying like it take

1:20>> [laughter] >> He got a lot of money like if he see this, shout out to you. But see like what if he run out of money and then now I got to you know? >> What? Here's the thing. It's like key man risk, but you have like key investor risk. >> Yeah. >> So, you should more people invest invest in the deals. The problem that you're facing is a hundred million-dollar problem, which is like you have to level up how good you are at the thing. If you get better at the thing, then you can make money in any cycle. If you can make money in any cycle, you can raise money in any cycle. If you can raise money in any cycle, you can build all the time.

1:49>> Yeah. >> That's if you want to get to a hundred. If you're like, I'm just going to make a few million bucks a year, you can keep doing what you're doing. >> No, I won't. >> Right. So, if you're honest about the goals, then it means you make some decisions. That's the game.