DAN FLEYSHMAN: ANGEL INVESTING, MAKING MILLIONS WITH COLLECTIBLES AND WHY CRYPTO IS INEVITABLE
Full Episode
Show Notes

Dan Fleyshman's (@danfleyshman) remarkable journey as a serial entrepreneur and investor began at age 19. After licensing his apparel for $9.5 million, he became the youngest founder of a publicly traded company. But Fleyshman was just getting started. He scaled his energy drink into 55,000 stores and launched a top global online poker site.
Beyond his own ventures, Fleyshman makes an impact as an investor, speaker, and philanthropist. He has invested in 43 companies, spoken at over 250 events, and started a charity providing homeless care packages. Currently, he hosts a chart-topping business podcast, The Money Mondays.

Fleyshman's latest endeavor is the ASPIRE Tour, With an impressive roster of celebrity and business speakers, the ASPIRE Tour provides invaluable insights for aspiring and experienced entrepreneurs alike.

ASPIRE Tour has an impressive track record and boasts an incredible lineup of powerhouse speakers, making it an irresistible opportunity for aspiring and seasoned entrepreneurs alike.By the end of 2024, 60,000 more entrepreneurs are expected to be part of the ASPIRE Tour community and benefit from its valuable insights and tools to fuel their success by learning from celebrities, athletes, and business moguls.

What Travis and Dan discussed:

How Dan recently merged his Elevator events company with Aspire Tour to create a powerhouse events business. With his small "ninja" team that was doing $27 million in events merging with Aspire's large existing business doing $72 million, they now have the scale and infrastructure to host events ranging from free to $100k masterminds.

How to evaluate startup investments: Dan looks first at the founder and their ability to stick through ups and downs. He wants to see that people care about the product and vote with their wallets by buying it. He prefers companies doing at least $2 million in sales to reduce risk.

Dan's core value of doing what he says he will: Dan attributes his success to always following through on commitments, whether it's showing up for a podcast or making an intro. Compounding thousands of small actions over decades builds expansive relationships.

Why Bitcoin is inevitable: Dan explains how the finite supply of Bitcoin (potentially only 10-15 million left accessible) coupled with increasing mainstream adoption makes its future appreciation inevitable. He emphasizes thinking long-term - while volatile today, in 10-20 years Bitcoin has consistently gone up year after year.

Why Dan finally started a podcast: After waiting years, Dan launched his podcast in an RV to stand out. He's obsessed with it succeeding because the feedback from people taking his advice cements the relationship. Podcasting is a machine gun of trust and authority.

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Transcript

Dan Fleyshman (0s): There's 8 billion humans in the world. There's been a lot of ideas like, and now there's more capital than ever in history. More execution, more technology, ai, great talent. People know how to execute. So like saying that you have a new idea for a t-shirt or a new idea for a podcast mic, eh? Yeah. It's really unlikely. Yeah. And so I don't necessarily need something to be new. I just need somebody to be able to make the mousetrap better. Or like instead of trying to reinvent the wheel, just make the wheel squeaker and pastier. You know,
Travis Chappell (28s): Welcome, back to the show. I'm Travis Chappell And I believe that if you can connect with the best, you can become the best So after creating 800 podcast episodes about building your network of come to realize that networking is really just making friends if you doing it the right way. Anyway, join me as I. make friends with world class athletes like Shaquille, Neal, entertainers like Rob Dyrdeck authors like Dr, Nicole, Lappera, former presidents like Vicente Fox, or even the occasional FBI hostage negotiator, billionaire, real estate mogul, or polarizing political figures. So if you want to make more friends that help you become a better version of yourself, then subscribe to the show and keep on listening 'cause this is Travis Makes Friends. What's going on everybody? Welcome back to another episode of the show. Today was a special treat.
Travis Chappell (1m 9s): It was one of the few people that I have brought back on the show and we'll probably do it again sometime, but I was realizing that it had been like five and a half years since we recorded episodes. So I asked him to come back on. So today I had a chat with Dan Fleischman. He just took off. Right now. We were a little bit pressed for time. So this interview's a little bit atypical for me because we talked of like a lot of really tactical, practical things and less kind of story driven like we usually go. But I wanted to make sure that I, I made the best use of his time. So in this episode, we recorded for maybe 40, 45 minutes, but we covered everything from Crypto NFTs to Real Estate, Investing, Angel, Investing, what he looks for in companies.
Travis Chappell (1m 52s): He's invested in over 50 or or over 40 companies now through his, through like Angel Investing himself personally through his, his syndicate, his rolling fund. And then he's also a multiple time founder who's had multiple exits. He was the youngest founder of a publicly traded company in history. And then he had an online poker site. And then he has Cards and coffee, which is like a Pokemon and card trading shop that did $10 million in its first 12 months of business opened during Covid I. And so we talk about that and we talk about some of the partnerships that he's made. We talk about his new events company merger that he just did with ASPIRE Tour in their company of events.
Travis Chappell (2m 34s): So they we're talking even about Podcasting and why he got into that and why he waited so long and how that's been going for him. He's launched a podcast called The Money Mondays that's at the top of the charts. Almost I mean really every day you can go to the top business charts and see The, Money Mondays there. So really this is just a guy that I look up to a lot. I respect him a lot. He's been a mentor of mine. He co-run the mastermind that I was a part of for a couple of years called the a hundred Million Mastermind. There's not many people that I would recommend to follow more than Dan Fleischman. So hopefully you grab something from this conversation. And if you have not heard of Dan, you don't know some of his stuff, go check him out. Give him a follow, subscribe to his show. And I know that you're gonna grab some va some value from him.
Travis Chappell (3m 14s): 'cause every time he opens his mouth he just pours it out on everybody. So yeah, please enjoy this chat with my buddy FLEYSHMAN. What's going on everybody? Welcome back to another episode of Travis Makes Friends podcast. Today I'm making friends with somebody that's actually already a pretty good friend. FLEYSHMAN. What's up dude? Welcome to the show.
Dan Fleyshman (3m 33s): I mean We've been friends for a long time. Dude,
Travis Chappell (3m 34s): It's been a minute. I was, it was funny. That's why I hit you up. 'cause I was like, oh, I've had Dan on, I've had Dan on and I was like doing the math the other day because we just had the six year anniversary of the show. Yep. And so we're coming up on 900 episodes. We had six
Dan Fleyshman (3m 45s): 900 episodes,
Travis Chappell (3m 46s): Almost 900 episodes. Wow. Six years. What a machine. And then I was like, wait a second. I interviewed Dan like six months into the show and I went and looked half a decade. Yeah. It was like literally like February of 2018 or 17 or something like that, that we, that we've like first talked on the show and I was like, oh shit. Like almost everything about my life is completely different.
Dan Fleyshman (4m 7s): For sure. Obviously
Travis Chappell (4m 8s): On that point. So we should have another chat. Yeah, let's do it. So first off, I know you have some big news recently, this like big merger that you did with with ASPIRE. Yep. And Eddie Andrew and those guys. So talk to me about that. What was like, what, how did that even come about? What was the whole story? So
Dan Fleyshman (4m 22s): I'd been helping them from the sideline for years. Like I'd speak at their events. Yeah. I'd introduce them to celebrities and athletes. They'd build great relationships with them. And they'd interview, Hey Rod Magic Johnson, Shaquille O'Neal and all these great people. And then they started working with my everything. Right? My whole world started working with them. 'cause I just love what they were doing. And then they saw I was throwing this big arena event September 23rd in Salt Lake City. Yeah. They're like, what are you doing that Like normally I throw Elevator nights and free events and masterminds, et cetera. And they were throwing a 7,000 person event. And I was like, it's practice. I said, if I get it right I'm gonna do them quarterly. And they're like, well we have 85 employees trucking, half a million, $600,000 worth of audio visual equipment.
Dan Fleyshman (5m 2s): Like we have everything we are dialed in. If you wanna help with the arena events, let us know. And then I was like, well that's interesting. So we started talking more and more and more. 'cause I've been doing all my events in production with a ninja sized team. Yeah. I have 18 people that throw my events and we throw 20 plus events a year. But it's a ninja team. Andrew Neddy have 85 employees and like a machine. I keep calling them the machine. And so we started having more talks. More talks. And then I was like, started running the math. I'm like, you guys do 72 million. My events do 27 million. You need X, Y, Z, I'll put up capital for you know, X, Y and Z. BA binging badda, boom.
Travis Chappell (5m 40s): So done and done.
Dan Fleyshman (5m 40s): All of a sudden there's free events. Elevator nights, 50 bucks to 500 bucks, which is ASPIRE tour. $2,500, 2,500 people on average per event. Yep. 15,000 Mastermind called Money is $20,000 Operation Black site where you learn how to shoot.
Travis Chappell (5m 56s): Yeah. Yep. With Bedros.
Dan Fleyshman (5m 58s): Yep. Navy Seals teach you how to shoot and Michael Chandler teach you how to fight. So 15 K money is 20 k Operation Blackside, 25 K is the power room. Yep. They have 520 members between their two masterminds. And then I have a hundred million Mastermind, which is a hundred thousand dollars. Yep. So what do you wanna come to a free event? A hundred thousand dollars or anything in between. We got you
Travis Chappell (6m 17s): Massive events company. Yes. So it was a merger of basically all of the events that you both were doing individually.
Dan Fleyshman (6m 23s): Correct. And including the world's largest toy drive, world's largest pizza festival. Things that are not for money. Yeah, yeah, yeah. Things that have, no, they don't produce income. It cost me money every year to do it. Now I have a machine behind me. Throw them even bigger. Sure. And then expansion from there is, I raised $44 million in the last year and a half at my masterminds for food and beverage brands and consumer products. Annet do the same thing. Yeah. And, and they use my same team, legal team and AngelList. Oh really? So it's like we're so intertwined. Yeah. Right. It was like, look so Elevator syndicate, let's
Travis Chappell (6m 56s): Just make it official. Exactly. You
Dan Fleyshman (6m 57s): Know, I'll do I'll and I'm happy to do a lot of the work and I like them because partnerships are hard. Yeah. Unless you find guys that you actually trust and believe are gonna do the work. And I've watched them do it for years. And so not only did I believe in them, I look up to how they've executed over these years. And so yeah. I'm ecstatic to work with them. It's very fresh. It's been a couple days.
Travis Chappell (7m 15s): I was gonna say. Yeah. I thought, I thought it was a really cool move. 'cause I, I, I went to, I I was on the Money Is show. Yep. I wanna say like pre Covid probably like 2019 or something. And they had their first like money is Mastermind there and they had me come speak at it. Yep. And I went and spoke and there was probably 16 people in the room. Right. And they were like, yeah, we're gonna do this and we're gonna do that. And it was, but to your point, I didn't know. I didn't know that like the world that they came from, which is this massive seminar world. Exactly. And so when they were like, kind of explaining it, I was like, I was like, I don't, I don't, I don't get it. How are you gonna go from what you have this like right here to what you're gonna do? So to your point, like I mean when you watch people actually execute, execute effectively.
Travis Chappell (7m 56s): I'm
Dan Fleyshman (7m 56s): In. I love it.
Travis Chappell (7m 57s): It's like, okay, alright, well you said you were gonna do something right and then you actually did it. So Yeah. We, we, we'll probably get along just fine. Exactly.
Dan Fleyshman (8m 5s): And so when you find people like that and you can collaborate if think about they have 35,000 people come into their events this year. Yeah. Well combined, we'll have 60 or 70,000 next year. Right. And so I get to be like the sizzle to their stake.
Travis Chappell (8m 18s): So now you're, you're putting on 40, 50 events next year. 42.
Dan Fleyshman (8m 22s): Yeah. 42
Travis Chappell (8m 22s): Events. I know
Dan Fleyshman (8m 23s): Exactly. 'cause we have an actual schedule. I spent nine hours with their team and this includes
Travis Chappell (8m 28s): Like master like small masterminds to big 2,500
Dan Fleyshman (8m 31s): Free events,
Travis Chappell (8m 32s): Three to 7,000 to whatever. Yep. I was selling out arenas and all that kinda stuff. Exactly. First of all, like who, who's coming up next?
Dan Fleyshman (8m 38s): So Thursday, September 17th, we have Arod, Marcus Limonis, Barbara Cochrane, 2000 people, Jacob Java Center,
Travis Chappell (8m 48s): That's all.
Dan Fleyshman (8m 51s): It's it's August. August 17th.
Travis Chappell (8m 53s): August 17th. Okay.
Dan Fleyshman (8m 55s): And then third, what do we have? September we have San Diego and that's with Gary V, Kevin O'Leary, drew Brees, also Marcus Ramones.
Travis Chappell (9m 7s): There you
Dan Fleyshman (9m 7s): Go. That venue holds 2,800 people. We've already sold 3,100 tickets.
Travis Chappell (9m 12s): Oh my gosh. Six
Dan Fleyshman (9m 13s): Weeks in advance. Because
Travis Chappell (9m 14s): They also have like the distribution side pretty locked in. Right. For sure. Sure. Like dialed in. Like in terms like they have, they have a marketing team that puts butts in seats and like that's what they do. Yes. And they do it for all of the top people,
Dan Fleyshman (9m 25s): All the cities. Yeah. I mean like Ontario, California, and there's 2000 people. Right,
Travis Chappell (9m 29s): Ontario. Yeah. What
Dan Fleyshman (9m 31s): I walked in and I never saw a speaker post about it. Just walked in. There's freaking, it's amazing. It's
Travis Chappell (9m 35s): Like, it's like, wait a second. Yeah. You guys know this is right next to Los Angeles. Right. Right. Like, why are we in Ontario? Yeah.
Dan Fleyshman (9m 40s): And they did it. They did it.
Travis Chappell (9m 41s): Hey, okay. Good for them, man. They're, they've, they've, they've crushed it. And yeah. I think it'll, it'll be awesome to watch the partnership unfold between all, like all of you guys. Yeah. Because you all have very similar kind of visions and stuff
Dan Fleyshman (9m 52s): And they care about and they care about charity so much. Yeah. Right. They've already, they've already built like 16 schools. Yeah. They do 4,000 meals a day in third world countries. Like they're like in it. Yeah. And so that's like got my heart, you know, like that's what I really wanna do. It's just, and
Travis Chappell (10m 4s): They, they have a really good like synergy, like rep partake kind of a thing. Thing that they do when they're on stage and stuff. Yeah. You know, they, they're, they're, you can tell they're they're professionals. They're good at what they do. They can command the crowd, you know, make the audience feel a certain way. Yep. So that'll be cool, man. That's awesome. Congrats on that. I mean, and I was gonna say since the last time we had you on, so that was 2018. So Wow. Everything that we just mentioned has been all brand new, all the masterminds, all the events. I think the only thing you were doing at the time was Elevator nights, right. In terms of the, the events. Yep. But now you also have cards and coffee. Yes. So how's that been going?
Dan Fleyshman (10m 35s): So Gary V named Cards and Coffee. I self-funded it Right. Bef during Covid because I didn't wanna raise money. 'cause I'm like, I don't know if it's gonna work.
Travis Chappell (10m 42s): That was the craziest thing. I, I remember watching you do that. I was like, this motherfucker
Dan Fleyshman (10m 46s): Is
Travis Chappell (10m 47s): Like
Dan Fleyshman (10m 47s): October, 2020.
Travis Chappell (10m 49s): I was like, Dan's a crazy man. He's
Dan Fleyshman (10m 51s): Like on Hollywood Boulevard. Yeah. During the race wars, when everybody's windows are boarded. I do a grand opening when the cops are outside like wa walking the streets.
Travis Chappell (11m 0s): But probably got a pretty sweet deal on that lease now. Yeah, for sure.
Dan Fleyshman (11m 3s): Yeah. Yeah. And so I put up 1.6 million got us started eight weeks later. We did a million sales. I was like, oh, this might not be a hobby That worked. Yeah. Eight months later we did 10 million sales. Jesus Christ. So that's when I was like, okay, maybe I should raise money and go for it. Like what,
Travis Chappell (11m 16s): What percentage was online versus retail?
Dan Fleyshman (11m 19s): It was, at the beginning it was like 90 10 because you can come to the store really? Like, unless you wear a hazmat suit. Like you weren't allowed to come over. And then we opened the Salt Lake store. And so then it came in like 80 20 then 75 25. It's still pretty much 7 5 25 because our online is 24 hours a day. Like Q vvc. Yeah. We are live streaming all day long and the coffee breakers all day long. Yeah. And so that will change over time. 'cause we have nine retail stores now. When I get to 10, 15, 20, 25 stores, the numbers will change. Wa was
Travis Chappell (11m 50s): The original idea to sell mostly online? Or was the original idea to scale a really cool sports card shop? Like to modernize the sports card shop? Yeah.
Dan Fleyshman (11m 58s): The goal was to become the first national chain store. Okay. But the breaking happened to be get really hot at the exact same time.
Travis Chappell (12m 6s): Oh, gotcha, gotcha.
Dan Fleyshman (12m 7s): And it hasn't gone away. Yeah. And now fanatics are stepped in and the holy smokes, they're gonna spend a zillion dollars.
Travis Chappell (12m 13s): So. Well, and then you also have this distribution network at Elevator Right. Of a ton of influencers that can bring you traffic. Yes. Right. For the live streams. Because that, I'm, that had to have been like, when, when I was watching Unfold, I was just like, how are you getting like this ma this many people Right. That give a shit Right. About like watching cards being opened. You know what I mean? It
Dan Fleyshman (12m 32s): Was a combination of things. We would have like models come by the store and like host free giveaways. Yeah. They, they'd post about it and be like, okay, it's tonight seven o'clock I'm giving away this many cards. Or Pokemon or football, whatever. Yeah. And these girls have Millions of followers or a hundred thousand followers at the same time. Steve Aoki, Logan Paul. Yeah. Gary V they're all posting about cards. Logan Paul buys a $5 million Pokemon card. Yeah. Two weeks ago. Post Malone buys a $2.6 million magic the gathering card.
Travis Chappell (13m 0s): I saw that on, on just listening to him on Rogan yesterday day before he was talking about that. Yeah.
Dan Fleyshman (13m 5s): And so just like these moments in time of like household name interesting characters Yeah. Going and buying legacy legendary cards that they're never gonna sell.
Travis Chappell (13m 14s): Right. Right. You think they take them outta circulation. That's it. Yeah.
Dan Fleyshman (13m 17s): No one's gonna buy that card from Post Malone. Go offer him 5 million. See what he says?
Travis Chappell (13m 21s): The supply has now diminished. Right, right. And so demand continues to increase. Exactly.
Dan Fleyshman (13m 25s): And so the press from these things is very fascinating. And the passion of these guys. And Steve Aoki is the co-founder of Cars and Coffee, and he's out there. He is got Millions and Millions and Millions of dollars of cards, especially in the Pokemon. He owns a brand called Metzo. Okay. So Metzo, he's like the big partner in the company, not like a little partner, like the real partner in the company. And so like these guys really care. Right. Which is hard. You can't force, you can't force household name celebrities to care. They have to want to care.
Travis Chappell (13m 51s): Sure. Yeah. And, and so do you Yes. Like you, this is something that you actually cared about. Right. It wasn't just like a Oh, I think that could make some money with that. Yeah.
Dan Fleyshman (13m 58s): I'm not like selling like random brown tables like Right, right. Selling something that I like a lot. Right.
Travis Chappell (14m 1s): Because you you're you're big cards guy. Yes. Also a big sneaker head. Very How, how many pairs of shoes do you have, Dan?
Dan Fleyshman (14m 8s): I literally have no idea. And I don't say that into like a flexing way. For 35 years of my life, I had no shoes. I bought like zero to one pair a year. Yeah. I invested in sneaker Con 450,000 people a year ago to Sneaker Con. And so they started sending me shoes. Ah, gotcha. And then I started buying through the digital partnership we created, then we created our own version of like actual online platform. Then we sold it to eBay last year. And so I just got immersed in sneakers. Yeah. And then like it's addicting. And so, and then like at all, all the events, the way the stage is set up, like people see your shoes. Yeah. Yeah. The way the people, the way the seating is versus a stage. Right. And so I just got addicted to everyone always bring up my shoes.
Dan Fleyshman (14m 48s): I'm like, well I gotta wear fun flashy shoes all the time.
Travis Chappell (14m 50s): Yeah. Right now it's like a part of the brand. Yes. Yeah. That was so funny. I went to, well we've been helping Jeff Fester Oh yeah. With his show and stuff. Yep. And so we went in the, in there one day and he's like, oh yeah, I like the sneakers here. And I was like, oh yeah, they're your dope. He's like, yeah, these are all FLEYSHMAN. I was like, just had like so many pairs of shoes just like, you know what, take like eight of these. Yeah. My
Dan Fleyshman (15m 8s): Favorite, favorite ones too. and don
Travis Chappell (15m 9s): Just like show them there. Yeah. And that's fine. Yeah. Don't worry about it. I got plenty. Oh man. Okay. So cards and coffee. Ever bowl. Yeah. Ever Bowl's.
Dan Fleyshman (15m 17s): So I own crushing. So I own 17 of those locations. Oh you do? Okay.
Travis Chappell (15m 21s): With
Dan Fleyshman (15m 22s): With Cole. With Cole Hater. Yep. And now there's 70 locations in total of the company and one new one every six days.
Travis Chappell (15m 28s): Insane. And then plus we build is
Dan Fleyshman (15m 31s): We build is exploding. Yeah. We're building all of shack's restaurants. Yeah. The big chickens. We're building the stretch zone. The yo you know, the yoga places. Like Jeff is the guy, like if he was selling the brown tables, I'd give him a half million bucks today. Yeah. Go for it. Like go sell brown tables. Yeah, I gotcha. Exactly. I mean I mean I'm in, ain't I raising 5 million more? Yeah.
Travis Chappell (15m 49s): He's a smart dude man.
Dan Fleyshman (15m 50s): Yeah. He just, there's certain characters that when you know they can execute. Yes. I'm all in. Yeah.
Travis Chappell (15m 55s): Well when you're Investing in these early stage companies, it's always about the founder for
Dan Fleyshman (15m 58s): Sure.
Travis Chappell (15m 58s): Yeah. It's never, it's like, oh yeah, that's a cool idea. But as a founder, you know that ideas are a dime a dozen and it's only execution because the idea's probably gonna change 14, 16, 28 times. Right. Until you find the idea that actually is turned into products.
Dan Fleyshman (16m 16s): Right. And you need the founder to stick their passion has to stay with it. Yeah.
Travis Chappell (16m 19s): Yeah.
Dan Fleyshman (16m 20s): As it's going through the hard times, the good times, the exciting times. Their passion has to stay with it. There's not that many founders that are will do that. Yeah.
Travis Chappell (16m 27s): 'cause you, you, 'cause you've also now I I think at the time, again, I'm just trying to catch people up. So I think at the time you had invested in like 20 something companies or something like that.
Dan Fleyshman (16m 35s): 43 now.
Travis Chappell (16m 36s): So now you're so
Dan Fleyshman (16m 37s): 43. Personally we did nine for the 44,000,009 companies the last year and a half. We raised 44 million for through
Travis Chappell (16m 44s): The syndicate,
Dan Fleyshman (16m 45s): Through Elevator Syndicate. And I invested in all each of those as well. And then Rolling Fund did 11 deal Elevator Rolling fund. I did 11 investments. Okay. So yeah, whatever that math is.
Travis Chappell (16m 55s): Besides the founder, what are some of the other qualifiers that you're looking for in companies that you invest in?
Dan Fleyshman (17m 0s): Okay, so my number one thing is the founder. 'cause the, as you mentioned, the company and product can change a lot or will change a lot. Number two is, does anybody care? Hmm. Like we keep talking about brown tables. Let's, does anybody care if that brown table's company was selling 500 k a million bucks, 2 million bucks online? Okay. I could see people care. I invested in something called blooming tables, which is like this, but they have plants inside of it. People care because it's a glass with plants inside of it. People care. So there's a level of Does does it stand out? If I put a a glass table with plants inside, it would stand out next to 15 brown normal tables. Right. So first does anybody care?
Dan Fleyshman (17m 40s): Sorry, the second, does anybody care? Three people vote with their wallets. Yes. It's easy for you and I to say, oh, I like these tables. Or the grandma to say, I like this table. It's way different for someone to buy it when you're not around.
Travis Chappell (17m 54s): Absolutely. Yes.
Dan Fleyshman (17m 55s): They see an ad or they see, or they're in a store and they wanna buy that food, beverage table, whatever the thing is when you're not around.
Travis Chappell (18m 2s): Yeah. 'cause like the problem is nobody in your life is gonna tell you if it's a shitty idea, you know what I mean? Like, or they don't or they don't know, or they don't know. They don't know one way or the other. Right. They, they, maybe they're not even your ideal customer or whatever, but it's like, oh, you go to your, your best friend and your mom and your cousin and your aunt and you're like, I got this really cool idea. And they're all like, that sounds awesome. They're like, I hate confused. Go for it. Yeah. You know, and then you go try to sell it and nobody, and even all the people who told you it was a good idea, even they won't buy it. Right. You know, it's like you absolutely have to get people to vote with their
Dan Fleyshman (18m 29s): Wallets. Yeah. So I wanna, I like the founder. I wanna see if anybody caress. I wanna see if it, they vote with their wallets. And then I really look at companies that are doing at least 2 million bucks in sales now. Okay. 'cause it reduces my risk a lot and it saves me a year or two. Not that I, I won't invest in startups, but I just don't much anymore. Yeah. Just from a sheer math and time perspective. I'd rather be a little bit later stage doing over 2 million in sales. Two to 20 is our sweet spot through my syndicate, through my fund. I only do two to 20 million. Okay. I won't do it. Yeah. Because I do wanna reduce my risk because I'm bringing other people in. Yeah. Yeah. You're, you're onto deals kind of
Travis Chappell (19m 2s): Risking your reputation a little bit when you're Yep. Selling
Dan Fleyshman (19m 5s): Other people. If they're already doing 9 million and then it doesn't work out well at least we had a real case that it had a real shot. If they're doing 90 grand, you know, we didn't have enough D data. And then there's the fundamentals. So once I like the founder, see if anyone cares, but with their wallet doesn't have sales, I wanna know like, do they have like the meat and potatoes actually do this? Hmm. Like can this become scalable? And there's always different versions of that. People think like, oh yeah, if I just get 1% of the market of podcast microphones, I could be $40 million. Nobody. That's not how life works.
Travis Chappell (19m 40s): Yeah. The top down instead of the bottom up,
Dan Fleyshman (19m 42s): I wanna know, what is your podcast Mikes? What makes them stand out? Yeah. Is it, does your price point is your value? Like what are the things and is there a moat around that thing? And I also have to keep in mind there's very rarely anything new. Hmm. There's 8 billion humans in the world. There's been a lot of ideas like, and now there's more capital than ever in history. More execution, more technology, ai, great talent. Like people know how to execute. So like saying that you have a new idea for a t-shirt or a new idea for a podcast mic, eh? Yeah. It's really unlikely. Yeah. And so I don't necessarily need something to be new. I just need somebody to be able to re like make the mousetrap better.
Dan Fleyshman (20m 23s): Or like instead of trying to reinvent the wheel, just make the wheel squeaker and faster and you know.
Travis Chappell (20m 28s): Yeah, yeah, yeah, yeah. It's come up with something that's a little bit different that, that we can sell this on.
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Travis Chappell (23m 23s): of, of all the investments that you make, do you have like a number in your mind in terms of if I make 10 investments this year, I'm happy if two of them end up doing well or do, do you have like any sort of like Yep. Math behind, you know, the success or failure rate of these companies?
Dan Fleyshman (23m 42s): So most VCs or most Angel investors, if they get one or two right out of 10, they're happy campers. Yeah. Because when the one or two get right, it's a five x 10 x 20 x 30 x situation and they win. Right. I either too competitive or too delusional. I want 'em all to work. They don't have to be home runs or grand slams. Sure. But I will be there till they're dying grave to make sure it doesn't run outta money. Yeah. Or works out. Yeah. And so unless a founder like leaves or something tragic happens, there really isn't many companies I've invested in that are gone. Yeah. Which there's been some obviously situations where like the founder left or actually passed away or got sick. Like major things have happened.
Dan Fleyshman (24m 23s): I don't really count that in my, sure. I can't count that from like a business perspective, but I can count it from reality. The scoreboard's a scoreboard. Right. Sure. Doesn't matter if the kid passed away or Yeah. It's still
Travis Chappell (24m 33s): An hell
Dan Fleyshman (24m 34s): Yeah. Right. Right. The loss is a loss on the scoreboard and so I'm pretty delusional or obsessive or competitive. Like I want them to all win. They do not have to have a big win. Sure. I just wanna make sure that they don't die because of something I could have helped. Yeah. Which is usually money or connections. Yeah.
Travis Chappell (24m 50s): I think that's reflected in the portfolio that you have though too is that's why you're Investing in c p G brands that are doing three, $4 million a year. That's I can help them. A tech startup that's just burning capital for 15 years. Yes. Until they either sink or they're worth a hundred times what you bought in
Dan Fleyshman (25m 7s): At. Right. If I did tech companies then I know that my ratio would be way different. Yeah. Because they are either going to do that, they're either gonna have a humongous victory, which helps cover all the other ones. Or you're just gonna raise four rounds of financing, five rounds of financing and get diluted to nothing. Yeah. Which is just not my style. Yeah. And I'd rather come in later or just like be an advisor to those type of companies rather than go put in 500 K and like get diluted four times.
Travis Chappell (25m 36s): So two other areas of investment to talk about. One of them would, it has wildly changed o over the last few years, which is Crypto. Can you kind of speak to I guess maybe theories as to what's happening currently and why it's just kind of at this almost like standstill for the last couple of years and then in your thoughts on where it's, you know, still headed in the next five to 10 years. Yep.
Dan Fleyshman (25m 58s): So the N F T market has gone wild. Right. Like it, you will never see pictures of random monkeys and giraffes sell for tens of thousands of dollars or a hundred thousand dollars that that time is gone and it won't come back. Yeah. NFTs themselves functionally will be here forever. Sure. Because the function of N F T is super useful to a lot of brands, a lot of companies. And you're starting to see household name companies, Starbucks, Ferrari, start using it. Yeah. So N F T, the concept of them is never going away and they're only gonna get better and I'm invested into it
Travis Chappell (26m 31s): And, and more like usable. Correct. There. It's not just like I have a piece of art on my phone. No, it's, it's that never, it's something that gets you access into something that
Dan Fleyshman (26m 39s): Never should have been that big. Yeah. Yeah. The art on the phone thing should never have been that big. Yeah. And not because of the joke about the screenshots of NFTs. It's simply because you're not gonna enjoy it the same way as you do actual art. Sure. It's on your phone. Sure. You're just not. And so it's cool to like have a bored ape on your phone, which I've invested in those or Crypto punk, like some of the household name legacy brands, but like random wrapper influencer makes a random N F T and he makes 10,000 of them sells out, makes himself 2 million bucks and then never posts about it again. Well we saw that happen 900 times. Yeah. The market's gonna go away because everyone goes broke. Right. So from that perspective, that's where I see the N F T market, that the functionality of NFTs is the only gonna get bigger for things like what Gary V did with the V con or the the sushi place, et cetera.
Dan Fleyshman (27m 26s): Like those are really interesting, compelling on the Crypto side in general, there are way too many cryptocurrencies that are not functional, that don't have as chance, just like in any market, there's always gonna be the, the top small percentage that are the majority of the market. However, the two main characters, Bitcoin and Ethereum are never going away. Yeah. And so I have two passionate things about that. Ethereum, I was throwing events talking about Ethereum in 2017, like why people should buy. It was 17 bucks and then 21 bucks, then 41 bucks. And I did that post that went into super viral in Forbes Inc. Everywhere about like why you should look at Ethereum as a functional thing.
Dan Fleyshman (28m 7s): Yeah. Yeah. I look at it as an investment into like a effectively a company. Yeah. Because they're backing household name corporations out of the Fortune 500, almost 90 of them started using Ethereum in the backend. Like I'm in, if it's good enough for the lawyers of Oracle I'm in. Right. Yeah. Right. Let's just be clear. And then it went from 40 bucks to, you know what it did that over one to $2,000. Bitcoin to me is what I wanna talk about. Same concept. I was installing Bitcoin ATMs in 2014 at the D Hotel casino in Las Vegas. I
Travis Chappell (28m 37s): Know that
Dan Fleyshman (28m 37s): One. And imagine explaining a Bitcoin a t m to a casino owner and a mayor and a governor nine years ago. Yeah. It's hard enough now. Bitcoin will never go away. But more importantly, the supply and demand thing you mentioned is gonna get really interesting with Bitcoin. Here's why. The theory is there's gonna be 21 million Bitcoin ever. I say the word theory because people don't realize that 4.6 million Bitcoin are already missing and are never gonna come back. Hmm. So the actual cap is in the 16 to 17 million range. Just like people
Travis Chappell (29m 10s): Buying it, storing it, forgetting about it, or
Dan Fleyshman (29m 13s): Lost laptops, lost phones. Dan sends a hundred dollars of Bitcoin to Travis's Ethereum wallet, Bitcoin goes away, Travis sends a thousand dollars of Bitcoin to somebody else's wallet and he does Bitcoin cash. Wrong one. Or to some random thing wrong one people passing away, people losing their laptops and forgetting
Travis Chappell (29m 33s): Their keys, losing their flash drive.
Dan Fleyshman (29m 37s): Whatever that's gonna happen at scale. It's getting better. But the math is the math people are gonna pass away. Imagine some of these legends that have a lot of Bitcoin when they pass away, there's no chance you're getting into their wallets. Yeah. No matter how they did their, their freaking will and trust and all these things, good luck. Right. Because they would know that someone now even just the lawyers and accountants have access to a, anyways, you're gonna have a lot of people that just pass away over time or lose things over time that are gonna miss out on Bitcoin. So 16 to 17 million is right now, at some point it might only be 15, 14 or 13 million of Bitcoin ever that anybody has access to. So you just start to think about the math of the people that are Bitcoin maximalist or like Bitcoin and corporations and trust, et cetera.
Dan Fleyshman (30m 23s): Governments are now buying Bitcoin. They don't go away. People that like Bitcoin don't stop liking Bitcoin. Just like someone that plays poker. They still play poker when they're 80 and 90 years old. 'cause they just like poker because Bitcoin someone likes it, they're not gonna stop liking it. But every day more and more people feel more comfortable with Bitcoin. And so if they wanna step in to buy Bitcoin, what do they do? They have to negotiate effectively with people that have Bitcoin. Mm. As the supply stops in the year 2045, well really gonna stop in next, next five years. 'cause it'll be so, so small. Sure. It's basically stops incremental.
Travis Chappell (30m 56s): Yeah. Yeah.
Dan Fleyshman (30m 57s): We're gonna be capped out. But a lot of the people that have a lot of Bitcoin are really rich and they're gonna keep getting richer. They keep buying more and more Bitcoin. So you get someone like Chama and he just keeps buying thousands and thousands and thousands of Bitcoin every year. Yeah.
Travis Chappell (31m 10s): Just
Dan Fleyshman (31m 11s): Do the math. Right. And once he buys it, it's not going anywhere. And when these trusts buy it, these funds buy it, these countries buy it. Those are 10 years or more. Yeah. There's no point for them to buy it for at least 10 years or longer. So when you start to think about the sheer math of those things, and as Bitcoin becomes more and more usable, here's the other part. Dan sends Travis 50 bucks in Bitcoin. Travis just has that on his wallet forever and doesn't use it. It's the same concept. Is it going away? Yeah. Travis then finally, oh yeah, I'm gonna use it and sends $41 somewhere. There's nine bucks left over. Never using that. Right. Right. Right. Imagine that happening tens of thousands times a day. Sure. Nine bucks times, tens of thousands every day for the next five, 10 years.
Dan Fleyshman (31m 52s): Yeah.
Travis Chappell (31m 52s): There's like a constant degradation like a loss. Yes. In volume.
Dan Fleyshman (31m 57s): Just the small change in the fees and the small tiny wallets times that by Millions. Yeah. And so I just believe at some point we're gonna have like 10 million Bitcoin and hundreds and hundreds of million people try to buy it. And to me, there is no question that Bitcoin one day will be worth hundreds of thousands if not a million. Hmm. When that's now later, five years, 10 years. I have no idea. I have no idea what Bitcoin will be tonight. Yeah. And anybody that says they do is lying.
Travis Chappell (32m 21s): I know you, you have the 40, 40, 20. Yes. Right. Where would you place Bitcoin in those risk buckets? It's
Dan Fleyshman (32m 28s): High risk. High risk. It's high risk because of the volatility. It's low risk because it's Inevitable. Yeah. Bitcoin is Inevitable.
Travis Chappell (32m 34s): It's a time, it's a, it's a factor of time.
Dan Fleyshman (32m 36s): When I give the speech about 40, 40, 20, the thing that shocks people the most outta the whole speech is Bitcoin is the highest performing investment asset in the history of the world.
Travis Chappell (32m 45s): Yeah. Every time, you know, I do a lot of podcast interviews now and, and anytime someone asks me the question, like, if you could go back and tell yourself anything, blah, blah, blah, blah. The answer's always buy Bitcoin. That's it. Like that is, that's, that's the only answer. Right. If you say anything other than that Right. You're being ridiculous. Right. Like, because if you go buy a hundred thousand dollars worth of Bitcoin when it's a
Dan Fleyshman (33m 7s): Billionaire, a
Travis Chappell (33m 7s): Dollar, like, it just doesn't, there's literally no other thing that you could do. Like I don't Google, Amazon doesn't matter. None of it. Yes. Yeah.
Dan Fleyshman (33m 14s): And be liquid. Yeah.
Travis Chappell (33m 16s): You can use it.
Dan Fleyshman (33m 17s): Right. You can literally have it on your phone and be like, oh, here's a hundred grand. Oh here's a hundred million. Yeah,
Travis Chappell (33m 21s): A hundred million.
Dan Fleyshman (33m 21s): Yeah, no problem. Yeah. Bitcoin is Inevitable. It's just, it's things I, I just, I preach about it because I want people to own even just a little bit of it. Yeah. And just go through the process of having some, so that over the course of time when they realize, wow, 11, 12, 13 years in a row, Bitcoin went up except for one year. Right. Name another investment that does that or you can't because it's not real life. Sure. Except for Bitcoin. And so, and also when people think about, oh, like, oh, the government's gonna stop it. How? Right. There's no office to raid. There's no c e o of Bitcoin. Bitcoin doesn't have a bank account. The normal steps the government would take to go raid an office or arrest a C E O doesn't exist. And so really to me, Bitcoin is just unstoppable and it's Inevitable.
Travis Chappell (34m 5s): So other investment, when we had our first chat, you were not doing anything or I don't, don't think anything at all, but maybe, maybe a little bit in real estate. But since then, you've kind of, I think, corrected that you put together a mastermind of a bunch of real estate investors you've gotten connected with and done deals with a bunch of real estate people. Now, how, how are you, how are you looking at and Investing in real estate these days? So
Dan Fleyshman (34m 26s): The reason I wasn't excited about real estate is it's slow and Compounding. And at the time, half a decade ago, I was in just like full scale mode, like throwing a hundred K, 500 K, 200 k, a hundred k as best I could. Yep. And so as many companies as I could, and some of 'em I was getting right. And they were having exits or going public. And so I just thought about like, why would I want something that makes me 8, 12, 15, 20% a year when I could have something that might get me 2, 3, 4, 500, 800, 900, 1200% Right. In a few years. And so, which is wrong by the way. Okay. That's
Travis Chappell (35m 2s): Just to be clear. Yeah. Yeah.
Dan Fleyshman (35m 4s): It's wrong because I should have done my own advice, which was when my speeches started, was around that time of 40, 40, 20, 40% low risk, 40% medium risk, which is real estate. 20% should be my high risk, which is Crypto and Angel Investing. Yeah. I was doing a hundred percent Angel Investing and like randomly some other things. Yeah. But I was all in on Angel Investing. The only time I had like a low risk thing was like hard money loans or like investments where I'm getting back 12% or 10% or stuff like that. Sure. Which is back then was boring to me. I didn't wanna do it right now. Just that as capital grows, I have to deploy new things because I can't be just like Angel Investing across the board.
Dan Fleyshman (35m 46s): Sure. And real estate becomes more and more interesting when you think about just life. Like that number of like, oh, 12% a year doesn't sound cool. What if we just do that for 10 or 20 years in a row and you forget about it. Yep. You're building equity and you're getting interest. Exactly. And you're leveraging because you're only putting 20% down
Travis Chappell (36m 4s): And you're saving a shit ton of money on taxes. Right.
Dan Fleyshman (36m 6s): Yeah. Ken Clo basically just yelled at me and like made me realize like, whoa. Yeah. Yeah.
Travis Chappell (36m 11s): He, he yelled at everybody at the mastermind that one time, I forget which one it was, but he is like, he's right. He's like, if you're, if you're still paying whatever, whatever in taxes, he's like, you're stupid.
Dan Fleyshman (36m 20s): Right.
Travis Chappell (36m 21s): You just haven't done the research. Like, I buy enough real estate to mitigate my tax bill. Right. And then you're in a really great asset class, you know, it's not a loss. You're just putting the money here instead of writing a check to the government. Yes. Those are the reasons the rich get richer is that's the reasons it's true, is the, like the people like that hang out. That this is why it's so valuable to go to events that you throw or, or to be a part of masterminds or to fork out. Like when I forked out that first a hundred k to be a part of the a hundred million dude, I was like, I was scared shitless. Yep. Because it was a lot of money for me. Of course. But like the, the, the information that I got, the knowledge that I got, the relationships I build, everything from that has completely changed everything about the way that I view the world.
Travis Chappell (37m 5s): You know what I mean? So like, if you're not putting yourself in rooms like that on purpose, you're not just gonna happen into the information. Yeah. You know what I'm saying? Like, it's not just gonna come to you through osmosis while you're drinking at the bar with your buddies on Friday night. You know what I mean. Like you gotta,
Dan Fleyshman (37m 18s): You gotta, you gotta immerse yourself.
Travis Chappell (37m 19s): Yeah. Purposefully, intentionally put yourself in uncomfortable situations that make you become a better version of you. Yeah. Okay. So we talked a lot about Investing. I selfishly gotta talk about the podcast because obviously I've been Podcasting for a while. I'm a fairly big fan of listening to Podcasts and obviously recording Podcasts as well. And you finally launched a show finally this year called The Money Mondays every single Monday talking exclusively about money. And I for one was stoked to see that you were finally doing that. I'm gonna let you talk about it. 'cause I don't, I don't wanna put words in your mouth. What, what has, what have been like the main, I would say maybe the number one benefit that you did not expect to get from having the podcast that has been like a, this is really cool, I'm glad I did this.
Travis Chappell (38m 3s): The
Dan Fleyshman (38m 4s): Benefit is that people actually listen and they like report back to me. They tell me about it at, at events in the streets. Hmm. They just bring up like, oh, I took your advice and I did X, Y, and Z and I know they would never have heard my advice otherwise because they're not an event goer. Hmm. They're not gonna come hear me at a speech. They may or may not even follow me on social media. Most of my clips are only one minute there. I can't deep dive on, on Instagram about Angel Investing or 40 40 20. And so the sheer amount of people, small, medium and large, meaning small, they're getting, just getting started, et cetera. Medium. They're in the mix. They're learning the household name guys, girls that are like ai, listen to your episode every week.
Dan Fleyshman (38m 46s): Like what, how do you have time? Like you're worth $2 billion. How do you have time to listen? Right. And they recite things to me so they're not just like, tugging my chain. Yeah. Yeah. Like they're really like recite things to me and talk about episodes six weeks back like that. I did not expect. Yeah. I, I look at it, I thought it was more like a book. Like you write a book, everyone takes your book, but then it sits on the shelf and you're not sure if they actually read it. Mm. They literally listen to the podcast. And that is fascinating to me. And I love it. That's also why I'm obsessed with it. That's actually working. Yeah.
Travis Chappell (39m 14s): Yeah. It's like, to me podcast is like the, it's like a machine gun of trust. It's just constant fire. You know what I mean? Like a a book's like dropping a grenade. Yep. You know, it's like the book Grenade. You drop that and it's like this big explosion of credibility and whatever the podcast is just like a
Dan Fleyshman (39m 30s): Every week,
Travis Chappell (39m 31s): You know what I mean? Yes. And it just like hammers that that that trust and that relationship. That that's why, that's why I figured you would enjoy the media, man. 'cause it's like, it's the ultimate like for people that value relationships with others, both from like an audience perspective and from like a guest one-on-one conversations with cool people perspective. Yeah. Like Podcasting is, it's the ultimate relationship builder. You
Dan Fleyshman (39m 54s): Know, I, I waited for four years because I wanted something that would stand out, which is why I do it in a RV motor home. Yep. That's my marketing part to stand out. I wanted to make something different. So I have two people per episode, so it's a double episode every single time. So if someone likes real estate or they hate real estate, then they can listen to the celebrity or the athlete or the other Yeah.
Travis Chappell (40m 16s): The part two of the character
Dan Fleyshman (40m 17s): Or whatever. Yeah. I keep 'em short. 40 minutes. Like this episode is, we have five minutes left, it's 40 minutes because the average workout, it's 45 minutes and the average commute is 45 minutes. So I said Okay, I'm gonna cap mine at 40 minutes. Make it easy and bite-size to listen to. And if I need to talk longer with someone, I'll just interview them again. Yeah. This week I had Pace Morby and Cody Sanchez again.
Travis Chappell (40m 37s): Hmm.
Dan Fleyshman (40m 38s): Great. They were just on two or three months ago. But they're great guests who caress like nobody's gonna complain about listening to some young legends. Exactly. Talk about something. So I just wanted something to stand out, be more efficient, and then also to remove a lot of the back and forth trying to book the celebrities and athletes, those characters is also why the motor home exists. Yeah. I just pull up to their house or office.
Travis Chappell (40m 59s): You go meet them. Yeah. They're
Dan Fleyshman (41m 1s): Like, oh no, this person's gonna be on tour. Kevin Hart's on tour in Arizona. What a coincidence. Yeah. I'm gonna be in Arizona too. I'm gonna be in the same parking lot as Kevin actually. I'll be outside. Right.
Travis Chappell (41m 12s): We happen to have some gear in there too. Yes.
Dan Fleyshman (41m 14s): Yeah. So the motor home's been a great help for me. I can just pull up to people's houses and offices. But yeah, now I'm obsessed. Now and then now that it's actually doing well and staying so high on the charts all the time now I'm really obsessed. 'cause the competition part of me was like, let's go, let's go. Right. And it's not to beat the other podcast 'cause they're great Podcasts and sometimes they will spike up above me. I have no ego or emotion to that. And a lot of them deserve it. They've been there for, for many years and they spent a ton of money, time and energy to be there. But since I happen to be up to this often on the charts, I'm like, okay, what do I need to do to make this the thing every week? And I need to make it good and I don't wanna half-ass it. I don't wanna miss an episode. And so Exactly. I'm all in. But I also think that the timing worked out for me. Like a lot of things happened in my life.
Dan Fleyshman (41m 54s): Like you even mentioned like the difference in my life the last four or five years. And so I think it all worked out for the right reason to start it this year.
Travis Chappell (42m 1s): It are there any spaces that you are like really excited about? Like you're, you're now, you know, in in the Podcasting world, you are completely obviously fully immersed in the events world now. Yeah. You know, you've been in Crypto and NFTs, you're in Collectibles and sports cards and memorabilia. Like, is there anything that you're kind of just like, have an eye on that you're like, dude, I'm, I'm kind of excited to see what's coming up on this.
Dan Fleyshman (42m 22s): I'm obsessed with the concept of ai, but I'm not in it at all and it's too early. Yeah. And I think people are missing the most about chat G B T and the concept of like, everyone thinks it's going to take away jobs. There's, there's no hundreds of Millions jobs going away, over chat G B T for a couple things. I'm obsessed with the market, I'm obsessed with what that can do. And I think it's fascinating. However, most of it, if you just go on Google and type up podcast, Mike, think about the amount of different opinions about this podcast, Mike. Hmm. Different prices, different stories, different reviews. People hate it. People love it. People think it sucks. People think it melts. Yep. When you ship it, people think it's he too heavy.
Dan Fleyshman (43m 4s): People think it's too light. So when you type in podcast mics for chat, g b t what happens, same exact concept of how you get the information.
Travis Chappell (43m 13s): Regurgitation of existing information. Right.
Dan Fleyshman (43m 15s): Yeah. And information is a strong word for something that's not true. Mm.
Travis Chappell (43m 19s): Right.
Dan Fleyshman (43m 19s): 'cause some people said this was heavy, some people said it was too light. Some people said they hated it. Right. Some people said there's a unicorn inside of it and chat G B t doesn know the difference. Yeah. And just regurgitates information that may not be information. That was
Travis Chappell (43m 31s): A big aha for me. I was listening to a Mico Kaku on Joe Rogan's podcast. He's a theoretical physicist and he, they're talking about quantum computing and AI and all this other stuff. And that was one thing that he brought up. He's like, AI is just, it's just finding information that already exists and then giving it to you in a different way. That's, that's all it's doing. And like that when he, when he was really explaining, breaking it down like that, it's like, oh, well it's not like I mean, it's crazy impressive. Don't get me wrong. Of course. But it's not like, like you're saying, revolutionary to the degree where we're having to worry about jobs yet. No. Because like, this is just scraping and searching everything that exists and putting it into an answer and giving it back to you. Yes. Yeah. Well listen dude, I know, I know. We're, we're pressed for time.
Travis Chappell (44m 11s): One last question for you. You're one of the best people I've ever met at relationships, at, at continuing, continuing to do business with people over a long term and caring about your reputation and how you treat people. Yeah. And, and you know, essentially doing the right thing. What's like one or two of your just core values through which you evaluate your decision making?
Dan Fleyshman (44m 31s): So I don't say something unless I'm gonna do it. And so like even today it was, our timing was off and I wasn't sure and I gotta make it to a flight, et cetera. And every time you said something I was like, I'm gonna be there. I'm gonna do it. I'm gonna be there. Yeah. Even though it was me driving half hour this way, an hour this way, then driving an hour back to the same place, I'm gonna do it because I said something to you. And so I won't say something and I won't. And if I do it and I, I'm gonna back it up no matter what that's gonna take for me to do that. And most people won't do that. And so that's how it helps me in the game of life is that most people won't show up and then they would tell you they're gonna do your podcast and then drag it out for five weeks, or five months or five years, I'm gonna show up and I'm gonna do it every single day. And so that's one big thing for me is I'm, I'm just gonna show up.
Dan Fleyshman (45m 15s): The next thing is like, I'm going to make the people around me show up. So I'm, if my staff member or my friend or an investor or a partner or a client or anybody between says they're gonna do something, I'm gonna follow up to make them show up because I'm showing up and I'm gonna show up every single day. Yeah. And I don't want to be reflected bad on me if they don't. And so, in my life, I've just realized that if I do this every day and every day I make connections, Hey, Travis, meet Russell Rapino and he's doing the podcast, you should, he should hire you and blah, blah, blah. Yeah. And you guys go off and do things. I don't need to make money from that. But then one day you're gonna be like, Hey, Dan, blah, blah, blah, blah, blah. Right, right. And so I do that every day. If you do 3, 4, 5 things every day, that's a thousand times a year.
Dan Fleyshman (45m 58s): Right? Well, I've been doing this game for 20 years, so what's a thousand times? 20 years, right? 20,000 things. Yeah. And so like for me, I just believe in math time compounds. If I just do a bunch of relationships, I show up to a bunch of Podcasts, show up to a bunch of meetings, do a bunch of text messages, do a bunch of calls. If I just do all these things in all compounds, so all of a sudden I have all these things that are happening that doesn't feel like I did a crazy amount of things to get there. I just did a lot every single day.
Travis Chappell (46m 25s): Perfect. Dude. I know we could keep chatting for a really long time. We gotta get outta here. Tickets for the ASPIRE tour events that are coming up. Yep. Where people go to find those.
Dan Fleyshman (46m 32s): ASPIRE tour.com is where they can find tickets for most of these events, we are a really big one, September 23rd in Utah with Gary V and David Goggins, everybody. That's the limitless arena.com. And then we have the world's largest toy drive, which is largest toy drive.com.
Travis Chappell (46m 47s): Perfect. And then obviously if you're listening on any podcast application right now, go search The, Money Mondays. It'll be at the top of the business charts wherever you are. So make sure you go check that out. Subscribe on Youtube. If you're not following Dan and you care about making money and being a better person, you should be following Dan. So dude, thanks. Thanks again coming on the show. Appreciate you Got it. I always appreciate
Dan Fleyshman (47m 7s): Hanging out. Don't wait five years. I'll be back. Yeah.
Travis Chappell (47m 9s): That's it for today's episode. Thanks for spending some time with me and my friends. If you want to be better friends with me, then head over to Travis Chappell dot com slash team to subscribe to my free newsletter, your friend Travis, where I share what's on my mind about life, building a business, raising kids, being married, and anything else I would normally share with my close circle of friends. That's Travis Chappell dot com slash team. And my biggest ask of you, since I'm sharing my friends with you, is to share this episode with a friend of yours that hasn't listened to the show yet. And leave us a quick five star rating
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FULL UNCUT INTERVIEW