He Lost $50M and Didn’t Quit: The Mindset That Rebuilt Everything | Ep. 315 with Rod Khleif Founder of Lifetime Cashflow Academy

- So Rod, it's really great to have you on.

I've always wanted to know what it's like

to really be out there with Tony Robbins, like on tour, doing things, not just experiencing it one time, and I was mentioning to you earlier, so I just came out with a book, and I was at the bookstore,

“and I asked the people there, do you have this book?”

And they're like, yes, we have this book by Tony Robbins, because Tony Robbins and I have the same last name, so funny enough, good thing, people think my book was also written by Tony Robbins, you know, I'm gonna play on that, I think that's cool.

I would, I would. He's a billionaire, so yeah, there you go. - Be like the first and you wanna be, you know? So I love to understand, and you have, I mean, you have an incredible story,

like losing 50 million rebuilding, you know, one of the largest podcasts on commercial real estate, sold out events, take me back to your time with Tony Robbins. - Sure, well, actually, you know, it's funny, I was working on myself, and I'm a work in progress,

we all are, and so I went to one of his events, and I was just blown away, candidly, it was in Fort Lauderdale, I went with my brother, and it was an epiphany for me around giving back as well, 'cause I saw the Fed family's for the holidays,

and we can talk about that if you like, but I just briefly say in the last 26 years, you know, I've fed 150,000 children for the holidays, at risk kids, so he had a huge impact on my philanthropy, but before then, I was totally focused on Rod,

so, you know, that was a big impact. And you know, what I found, you know, a lot of people think it's a cult or some other crap like that, but he's the best in the world of emotional mysteries, the best in the world of relationship mysteries,

the best in the world of business mastery, and he teaches all these things, and so I was just blown away, and I signed up for his whole thing,

“and I was actually with him in Hawaii when 9/11 happened, okay?”

And that was extraordinary to see his ability to take 3,500 people and have them focused on the positives of what was happening. By the time we woke up, both towers that fallen, it was extraordinary to see his brilliance at work,

at that event, and that's when I really saw it. But, you know, I kept going to his events every year, for literally 11 years in a row, and, because I was working on a different part of me every year, you know, and I had this picture where I literally have hundreds

of landyards from his events and other events around my arms, hanging from my arms around my neck,

'cause, you know, I'm always doing that, you know,

I feel like if you're not growing, you're dying. If I had just went to a boot camp two weeks ago and play at a carmen, I've got two coaches right now, so I believe in that continual education. But, you know, I'm on my 11th year of doing

the same event that he teaches called date with Destiny, his head has secured his like dude. Why don't you just join the team, and you can just come and work with us, and you see behind the stage and all that stuff,

and so I did that for eight years, until I had a bad car accident, I couldn't do it anymore, because you got to stand for a long time. But, you know, I got to see what he does,

and I got to see how extraordinary his pitch is, you know, he does a sales pitch, obviously, to sell his courses, and he makes millions of, I mean, tens of millions of dollars in like 45 minutes. And, and so that really helped me, you know,

build what I do in the multi-family space, because, again, he's the best in the world. He uses neurologuistic programming, he'll stand on one side of the stage and say, you know, this is our common sense corner,

and he anchors that in, he's just brilliant at how he does that. And, yeah, I was just, I've been to his resort in Fiji twice, he's just a magnificent human being. You know, he's a human being, though, he's a, you know, he's not perfect, but, but, again,

he's had a huge impact on every area of my life. I mean, my health, I'm 66 years old, I work out every day, my relationships, you know, extraordinary business class that he does call business mastery. I got to meet Wayne, Steve Wynn, Tony Shea,

the owner of Zapos, and fortunately, it's no longer with us. I got to John Paul, the jury, I mean, these billionaire people that he brings in, and so it was a real treat to be in his presence and be around these, these luminaries.

What is something, I can imagine that must be really exciting. And I'm glad you clarified the fact that,

because I always wondered, if somebody is going every year,

are they just never learning to change? But what you're saying is, you go every year because there's a different thing that you're focusing on. So then you're really changing that one thing, versus trying to change everything,

which is nearly impossible.

“When you were always evolving, yeah, we're always evolving, right?”

- Always evolving. - Sorry, we're not evolving. We're dying. When you think back to spending that time with him, when you look at like the sales, the connection ability, building rapport, was there something that's stuck with you

since then that even today that you use? - Well, one thing that I learned partly from Hammond, partly from a story coach, is to connect with your audience,

So I do a boot camp every month and a half, and the first five minutes you're gonna hear about the worst moment in my life. And so that authenticity, that vulnerability, connection with your audience, and mitigates

the sales, the component, and all that.

“I think the word, and this is not ego, this is just fact.”

I've, the word that's used to describe me most often is authentic, because I share all the dirty laundry. I mean, to a fault, honestly, everything that's happened to me, and people respect that, I'm not taking pictures in front of my Lambo, which I've had,

or my Rolls Rolls, which I've had, or my Bentley, which I have, I'm not doing that stupid stuff. I'm real, and so I think people, and Tony's good at that as well, he talks about coming from nothing, and the trials he's gone through,

and the pain he's gone through, and I think that helps connect him, you know?

- Well, I've heard that you lost 50 million dollars.

- Conservatively, yeah. - Conservatively, maybe more. So I don't know if that was your lowest point, but I love to hear about that moment in your life, because I think people go into business

with the fear to lose, right? And obviously, people like yourself who have lost and then regain or rebuilt, and if that also was not the lowest, I'd like to understand what was the lowest on top of that. - Well, the lowest was probably my first divorce,

telling my kids we were getting into divorce, and hearing my daughter scream, no, and just that pain of that. That was probably the lowest point. But at 50 million sucked, I'm just gonna say that, okay? It wasn't fun, okay?

I call it seminars, and that's actually from Tony. I think Tony does the same thing. He calls this failure seminars, 'cause if you don't get back up, you don't get the lesson, you know, then it's truly a failure. Otherwise, it's a seminar, and I will tell you,

so I was at my expensive freaking seminar,

don't get me wrong, okay, 50 million.

But, you know, I built 29 businesses so far in my career. Several worth tens of millions of dollars, two right now are, but most were spectacular flaming seminars, okay? You know, we fail our way to success. I wanna tell you, if you're listening,

and one of these analytical people that fear failure, don't fear failure. Fear two things, being the same place you are right now, unless you absolutely love where you are right now, a year or two from now, or fear regret, you know,

there was this nurse and I'll drill you, Dan, hospice nurse. And so she took care of patients, she took care of patients with about to die, and she asked him a question, and the question was, do you have any regrets? And she's she even wrote a book about us,

like a national best seller, something like the five regrets of dying, you know what the number one regret was, not live in the life I could've lived in someone else's life, not doing what I know I'm capable of. Fear that, don't fear failure, again,

we fail our way to success, it's only a failure. But I will say this, there are incredible opportunities right now, incredible opportunities, 10,000 people a day turning 65, they've got businesses they wanna sell,

there's a ton of opportunity in real estate 'cause a lot of deals have gone south 'cause of the interest rates, you know, with crisis comes opportunity.

“But, you know, so you need to select something,”

as the side hustle, pick what you're gonna do to take advantage of what's coming, but don't let it be your identity, it's your vehicle. You know, if losing 50 million would have been my identity, that'd be one of those guys that jumps off buildings

like in the Great Crash, or, you know, that crypto guy that shot himself in his Lambo a few months back, you know, they made it their identity. Don't let it be your identity, you know, because if your vehicle fails, you're not a failure.

If it's your identity, then, you know, obviously you'll consider yourself a failure. So just as an aside, I like that. And I'm with you 'cause I've lost as well. And I learned at that moment when really was for me was 2020,

I said, you know what, I'm gonna give myself a personal mission, and I'm gonna fit everything into that personal mission.

So it could never really be a failure

'cause if a business fails alongside, that was just the business, I have a personal mission, and shockingly everything that I've done since then, just oddly fits into that. Versus before it was like chasing money, chasing success,

chasing titles. For you, I know mindset is massive, and many would say that mindset is way more important than anything else when it comes to success. - Myself included, myself included, yeah.

I think it's 80 to 90% of your success and anything. Only 10 to 20% of the real estate stuff I talk about on my boot camps, but I spend time on mindset as well, because at really is 80 to 90% of it. You've got to actually do it.

There's a reason my students now own upwards of 300,000 multi-family units under my tutelage, tons of senior housing, tons of self storage, mobile home parks, industrial flex space. Every commercial asset class you can think of,

they own a ton of it.

“And those 300,000 units, we believe that's what it is.”

I wear counting and wear it in the 270 plus range, but we know we're missing a bunch. I mean, that's one of the other people that do what I do combined.

but the reason I believe that they're so successful is because I spend so much time on mindset. You come to my boot camp. The first thing we do is goal setting on steroids.

“'Cause how do you get anything if you don't know what it is, right?”

You gotta know what it is, you want, and more importantly, why you want it. So that's the first thing we do. By the way, if you're listening, and you're not interested in real estate,

go to my link tree, roadslinks.com. And at the bottom is my goal-sitting workshop.

You know, here's the thing, Dan.

People spend more time planning a frickin' birthday party than they do designing their lives. And if you go to roadslinks, you know, doing your goals is designing your life. If you go to roadslinks, at the bottom is this workshop,

it's about an hour, there's a guide you can download. I'm not gonna try to sell you anything. You know, do it, have your spouse do it. Have your kids if they're over 10 years old do it. Design their lives.

You'll leave so motivated you're becoming out of your skin. So again, that's it, my link tree, roadslinks.com. But that's the first thing I did when I lost everything. Dan was I re-associated with my goals. So because you've got to have goals

because you've got to create a burning desire or a hunger. And that's how you push through fear.

“That's how you push through limiting beliefs.”

Or that's how you get uncomfortable, right? The comfort zones in nice, warm place, and nothing grows there, right? So, but it starts with goals. But, thinking back to 2008, I remember for myself,

I lost the ability to buy a home, I was fired. And I literally lived in a tool shed. I converted a tool shed, wow, I'm bad. And I lived in there for a year.

And I was like, this is horrible, I never want to go out.

It wasn't 50 million, but I think a lot of people were in that place. Now on the flip side, like I remember 2010, I started seeing so many opportunities, but I didn't have any cash in order to have the know-how

to even buy real estate. I wish I did. So, what do you suggest? - We're there again. We're there again.

I mean, we are there in the commercial multifamily space, okay? The proverbial-- - Can I play? - Can I do it? - Well, you gotta get up, you gotta get up to speed.

Okay, bottom line is get up to speed. Whether you learn for me or somebody else, I've got a virtual boot camp coming up literally in three weeks. I don't know when this is gonna air, but then I do another one in 45 days.

And I don't sell anything there. It's two days of training. Not them being sold. Hell, the bonuses are worth thousands of dollars, 'cause you get my evaluation software,

my document library, but regardless whether you learn from me or not, get up to speed fast, because the deals are coming. I mean, there's a trillion dollars in debt

that's gonna be due by the end of this year. A lot of it's already due. My SEC attorney, that does syndications, which is how you buy these big apartment complexes, through a syndication.

He got six new apartment complex for closure clients in one day three weeks ago, he was telling me, okay? There's a lot of stuff hitting the fan right now. So, I've got, I just interviewed a guy on my show, my podcast that just bought an asset at $0.40 on the dollar.

“And that's what's out there, and it's hitting.”

It's gonna keep hitting. And so, if there was ever time to get into this business, it's right now. Warren Buffett's fame is quote, because people are fearful right now.

It's like be fearful when others are greedy. It's been a lot of greed these last few years. I'll give you an example that in a second. But the other side of that quote is be greedy when others are fearful.

And there's a lot of fear right now. So, you know, be a contrarian investor. I've got an asset, we call them assets. An apartment complex in San Antonio, 200 units. It's on a lake, it's beautiful.

There's one right next door that's on the same lake. It's 300 units, 300 and a handful.

And if sold for 43 million, I think you need a 21 or 22.

Okay, 43 million. Bank owns it now, it's down to 28. I'm not even interested, and listen, gets to 24, 43 to 24. Okay, that's what's out there right now. But, you know, the interest rates don't make it

viable for me to get that property until it comes down some more or the rates come down. And, you know, and that's it. Let me, let me preface this by saying cash flow is everything. I don't care what it's sold for.

I'm just using that as an example, cash flows everything. So, you know, focus on cash flow, if you're going to invest in real estate. But, and businesses as well, anyway, yeah. We had somebody who's an executive at Raymond James on the show.

A few days ago, and she said that they are looking at around $80 trillion in wealth transfer in the next 15 to 20 years. It's the largest ever, most of it going to millennial Gen Z, which is fascinating. Like you said, from businesses to 401k's IRAs to homes,

all this property from baby boomers, they're obviously passing away. What is a syndicate? And how does one even get in the commercial real estate? By the way, that's the reason I'm getting into senior housing as well. Okay, there's 10,000 people a day turning 65.

I think about 9,000 are turning 75. This baby boomer is generation is insane. It's impacted everything since pamper's diapers to suburbia.

So I bought my first assist of the link facility a few months ago, and I'm gearing up to buy a bunch of them. If you see an apartment building or an office building or a strip center or a big senior housing facility or any commercial real estate, chances are it was purchased in a syndication,

meaning somebody pooled a bunch of investors together to buy it. It's not one rich person, okay? If somebody, an operator, which is what my students are,

“they pool investors together, they've raised $100 million a dollar, so why?”

And I know it sounds intimidating as hell. Come to my bootcamp and you'll, and I will demystify it for you, 'cause it's not, it's, you know, it's the higher an SEC attorney like the guy was just talking about. He does all the paperwork and you just dot the eyes and cross the tease.

And, and, you know, I raised $12 million for my last deal.

And you might say, well, that's you, Rod. Well, my students have raised $100 million a dollar, okay? For, to buy these deals, but that's a syndication. It's a pooling of money. You've got a handful of people that put the deal together.

Sometimes, sometimes it's one or two. And they raise money from other people. And then they go out and they buy these big assets. And, and again, any big commercial building you see, that's how it was taken down.

Now, some of these syndications get all the money from big private equity funds or a family offices of wealthy people, but, you know, the rank and file, the people I teach do it, you know, 50 to $100,000 at a time from private investors to take down these beautiful assets. So, that's a syndication.

So, how does one then make money from that? So, let's say they have, sure, they have the suggestion. They put it together. You said something about how we have cash flow. How do you make money, though?

Sure. Well, there's several ways. And, and of course, that's one of the first things I talk about to get everybody excited when they're on the bootcamp. So, the first thing is to put one of these things together,

you charge an acquisition fee. Investors expect it, okay? And it's anywhere from three to five percent. And, I mean, to give you an idea, even a small multi-family would be three million dollars, okay?

That's 150 grand at a five percent acquisition fee. One acquisition fee can change your life, okay? So, that's the first thing. Second thing is, asset management fees. You're going to charge fees to manage the property.

Even if you get a property management company, you have to stay on top of them.

So, I chip typically charge 2 percent of the gross collected rent

asset management fees. In fact, I just saw my property management company just sent me an email saying she just put like 4,300 in the account from one of the properties. But the name of my podcast is Lifetime Cashflow, 'cause that's really what you're building.

Our business model is like a big version of the Burm Method that maybe you've heard about. Buy, renovate, refinance, repeat, okay? That's the Burm Method. Buy, renovate, refinance, repeat.

See, the beautiful thing about commercial real estate is it's valued based on a multiple of the net income. So, if you get that net income up, the value exponentially goes up. I'll give you an extreme example.

I have a 296 unit asset in San Antonio. And we had a towing company paint numbers on the parking spaces, okay? Then we told the tenants, the towing company did it for free because they wanted the towing contract. And so, they painted them.

So, we didn't pay for it. And then I told that we told the tenants, hey, first come first serve, you can get a parking spot right in front of your unit. We had 100 people take it. Here's the math.

So, 100 people at $25 is $2,500 a month, right? You annualize it, that's 30,000.

“At that time, that property was trading for, meaning that's what it would sell for,”

trading is the word, the nomenclature, was trading at a four cap, 4% capitalization rate, okay? That's what it was worth. Then it's a little higher than that now, but it was 4%. Divide 30,000 by 4%.

That was a 750,000-dollar instant increase in value. We didn't even pay for it, okay? That's an example. And that's the beautiful thing about what we do is through your efforts, you get the rents up, you get the expenses down,

you get that NOY net operating income up, that, and it's exponential increase in value. It's extraordinary. I give you one more extreme example. I had 101 unit complex in Dayton, Ohio, Beaver Creek, Ohio, the suburb of Dayton, Rich, Rich, Suburb.

101 units, just sold a few months ago. It got destroyed by a tornado. I mean, devastated, okay, destroyed. All 101 families had to move. Thank God, nobody died.

A couple of people had to have surgery. No kids got hurt, thank God. But we were able to rebuild it, and we got 600 to $650 rent bumps.

That was a 10 to $12 million increase in value on 101 units, okay?

And I know that's an extreme example. That's my biggest example, actually.

“But any version of that, that's what you're able to do in this business.”

Very exciting. You can't do that with residential like houses or duplexes. You know, anything under 4 units or lower is residential, and the values based on comparable sales. But 5 units or higher, it's based on a multiple of the income.

And so, you know, you can make a lot of money taking a shopping center, for example, putting in a big tenant,

on a multifamily property, or on a senior housing facility, or on self storage. Any increase you get to that income, it quates to a big value increase. For every dollar in income, it's typically $17 to $20 in increased value. I was going to ask you, why are you not residential versus commercial,

but now it makes total sense?

So, I always, I've worked in different states.

And I feel like in different states, it gave me the ability to see things of opportunities that would never have seen, because I worked in New Mexico. I would never have been to New Mexico before I worked there. And then I started to see opportunities.

So, I always wondered about how does one find opportunities if you're not physically there all the time? Like, how do you see these, because I hear all these time, you say, it's like, up in Dallas is now or Austin was the thing,

“but how did you know Austin was the thing before everyone else?”

Well, Austin's hurting right now, because they built a lot of stuff. Same with San Antonio, where I was, I had two assets. I can the day, yeah. Yeah, San Antonio is hurting as well, because they built so many units. It's going to come back.

I mean, they're both beautiful towns that are going to continue. They'll bounce back, trust me. But, you know, that's, I have assets in seven states, or I did, I've sold some of them off now. And I teach this, I mean, I give you lots of different examples.

I give you websites that you go look at, to look at demographics. But I teach this at my two-day boot camp. But that's, I mean, you select an area, you select a city, and I tell you what to look for in that city, population, gross income, gross job growth,

and no one horse towns, things like that, an airport with a main carrier. I mean, I, so many pieces to this. But, but, and don't be overwhelmed. Now, how do you do well when bite it at time?

And you don't have to know the whole business to do it. See, my business, luckily, is a team sport, okay? And you're not going to do it all by yourself. I bought 2,000 houses by myself. I rented a long term.

You can do that.

But I would never try to get an apartment complex by myself,

or, you know, a decent-sized property. And so, you know, you could be the person that finds the deals. You could be the person that's analytical that underwrites the deals. You could be the person that raises money from investors.

You could be the mouthpiece, like me. You know, you could be the, you know, the asset manager that has some construction experience, project management experience, really any management experience. You could do the asset management,

where you manage the property management company after you buy it. So, it's just a lot of different hats you can wear in our business. And I would just tell you, figure out what you love

and play to your strengths. Your strengths are your greatest assets. And, you know, and then you hire a line or partner for your weaknesses. The reason my coaching students are so successful

is because, you know, the most of those 300,000, we believe deals or units were done between my warriors, they're called my warriors, my students. And, and so, you know, they, they align with other people

“that, you know, that are the end of their young, you know?”

And so, that's how it works. So, that might, in fact, the best partnerships I see are an analytical, introverted person with an extraverted outgoing person. 'Cause it's, the business is a lot of numbers,

but it's also, you know, building those investor relationships so you can raise the money for these deals. So, yeah. - I remember doing, I've done a few residential homes and we did Airbnb, which I think will be totally illegal

in the US in the next decade. - It's hurting right now. Airbnb is hurting right now. My brother's got some cabins and he's hurting. But I would tell you, what is doing well

is midterm rentals to nurses and things like that, traveling nurses, anyway. - When you think, I'm, I'm fascinated by, I'm like, really fascinated by all this

'cause I never even thought this was like a thing

that somebody could just do without having 40 million in the bank. - I've got single moms with, I've got single moms

“with three kids that don't own a thousand units, okay?”

I'm more than one, okay, or more than a thousand. I'm not exaggerating. One's a pharmacist, another one was a school teacher. I mean, these are single moms. I mean, of course, I've got a lot of men as well,

primarily men, actually, but I've got a lot of very successful women. So, I'm sorry, interrupted, but anybody can do this. They just have to want it. I will tell you, the successful students

that I have aren't the ones that are the wealthiest. I've had NFL NBA players, famous actors. I've had people that live in Manhattan and people that live in a town of 2000. It's not money, it's not pedigree.

It's not race, it's not education, it's the people that just take massive freaking action and go do it. That's the secret to success. There's no secret other than you just gotta go do it. And that's why I think I'm successful

'cause I push them to actually go do it with the mindset stuff. So, yeah, I'm wondering if AI, like the ability, because obviously we have a lot of LLMs, like Clawed and ChatGBT and such,

that can do an immense amount of research. Are you finding the ability now that we can do such extreme research to open up a lot of opportunities that we wouldn't have had before? The opportunities are gonna be their regardless.

to filter them much faster, much easier, and hone in on the ones that make sense. You just have to do that yourself. AI can do that for you now. It's extraordinary.

We're in the midst of evaluating and doing that right now. Sounds like a lot of opportunities, so when is your next boot camp? Okay, my next one's March 7th and 8th. It's a weekend, okay?

And it's two days. If you go to rods, links, the link is there.

“It's $47, I believe it's more than that.”

Let me know on my social media is on rods, things as well. Just DM me, let me know you saw me on this show. I'll give you that $47 price. And it comes with my Deli-Valuator software, which does that for you.

My document library has been tensed a thousand dollars. My finding deals, course, I think there's even more than that. But, you know, and if you don't love it on Monday, you tell me you didn't love it. I'll give you your money back.

I don't mean like it, I mean love it.

I've never done it, but there's a first time,

and I've had eight, I think about 18,000 people attend my events, and I've never had anybody asked for their money back. So, you know, it's first time for everything, I suppose. But, I mean, you'll leave so motivated

to become an out of your skin, because I spend time on mindset. I help you create your identity statement that pulls you in to that identity you aspire to be, the goals are powerful. And, and of course, you learn the real estate.

I mean, we go through, you'll leave, you'll leave no one how to pick a market. We just asked me about how to evaluate that market, how to find deals, how to evaluate the deals, how to raise all the money you need for your deals,

how to syndicate, join venture. I mean, and a whole lot more. So. - Amazing, Rod. I know, Lifetime Cashflow Academy, I could tell you,

I could tell you're a very good teacher. You're a very good coach. - Thank you. - I enjoy the fact that you're not just teaching about something like you said, you can have the skills,

and you can have the knowledge. But if you don't have the mindset, then we know, especially if you're talking about going into business, you know, you can work for anyone. It's pretty easy to work at a job.

But it's really, really hard to be a business owner in my opinion. It's not super easy. When it comes to the mindset. - You have to take off the employee hat and put on the entrepreneur hat.

Bottom line. And if you're an employee, you're not, if you're not the leader,

the view never changes, right?

And so, and I'll tell you something else. AI, let's talk about AI for a second. I don't know if you heard Elon Musk on Joe Rogan's latest interview. He basically said that every job in front of a computer is pretty much going to be gone within a couple of years.

And at programmers, you know, receptionist, administrative assistance, even surgeons. I mean, I've got one of my most successful students is an orthopedic surgeon, dentists, but a lot of these jobs are going to go to robotics, but the fast ones

that are going to go are these ones in front of the computer. So if that's you and you're listening, you know, I'm not trying to scare you, but don't sit there with your blinders on, think it's not going to happen

because that shoe's going to drop. So decide what your vehicle's going to be. Maybe you go buy a business, build a business. Again, 10,000 people are there in turning 65. Many of my businesses.

“If you want to do real estate, get your estimate bootcamp.”

I promise you'll be glad you came, but whatever it is, decide now, decide on your side hustle, start learning it now because it's going to take a while to get up to speed and get comfortable. You've got to have confidence in that confidence

won't come until your competence. Competence, then confidence. So get busy now, don't wait if that's you. And you know that shoe could drop. A lot of people are buried in their head in the sand.

I even programmers and IT professionals. I've talked to someone like, oh, yeah, it's OK. Well, it's not going to be OK when you get that notice that you're out of work, you know, metal just laid off. I don't know, tens of thousands of people Amazon.

They're on the forefront of this stuff. The rank and file is going to hit pretty soon. And I'm going to try to scare you if you're listening. I just, you know, open your eyes to possibility. I like to be prepared and be ready in case that stuff happens.

That's all. And I've had to reinvent myself several times. And you may have to, if you're listening, change your scary. You may have to reinvent yourself. So start with a side hustle, decide what the vehicle's going to be

and get going. Don't wait. I mean, I've been fired more than one time. So I can relate to that. And we've had some incredible AI experts on here that have been doing it

for many years. All of them has said, basically, most jobs will be eradicated at some point.

“So, and I think it's moving way faster than we expect.”

Mixed with Robotic. It's crazy. 50% is crazy. And two years might be a limited who knows. Elon's Elon's going to, everyone's going to have a freaking robot

with that two or three years. I mean, he's, he's, he's going to be mass-producing these things. Yeah, yeah, you, we all need new opportunities. But start now, first of the starting labor. Rod Cleve, I'm excited to do the boot camp.

I can't wait to get murdered. I've been thinking about commercial real estate for a very long time,

but never knew how to get started.

Well, guys, I'll see you in March. Oh, y'all, y'all, you'll love it. And guys, if you're listening, go to rodslinks.com. If you're driving, text the word links to 72345. And just bring your A game, 'cause we're going to pack a lot.

I love that, Rod.

I'm going to go get Dan's links.com.

So they'll, Rod's links.com.

“Thanks. Thanks for joining us today, Rod.”

Thank you so much, too, for just, I learned so much today.

And I appreciate that. Thanks, brother.

“If you liked the show, please take a moment to rate, review,”

and subscribe. It really does help the show to grow.

Thank you for listening.