Asking Millionaires How They Got RICH! (Dallas) - Çift Dilli Altyazılar

Hey, see you, man.
Quick question for you.
Is your Rolls-Royce?
Yeah, yes, sir.
What do do for a living?
It's gonna be my love, Vienna, NFL.
My name is Teva Naus, and so.
What been the most amount of money that you ever made in a single year?
Multiple, multiple, seven figures.
The business is 60 million, and then a couple of million for myself.
Uh, probably 11 million in my last role.
I the chief operating officer.
for a $700 million business called Health Management Systems.
And you guys end up selling your company?
We did.
We sold it to a private equity company for about...
Dallas, Texas is a top 20 city in the entire world with the most millionaires.
We're out in Highland Park, Dallas, Texas.
The wealthiest area in all of Dallas asking multi-millionaires and luxury shoppers how they became successful.
My first question, sir, what industry did you decide to pursue a career in a consumer products industry?
Are a business owner by any chance, sir?
I am not.
I'm the CEO of Frito-A.
You're the CEO of Frito?
Yeah.
You're the CEO of Frito-Lay.
That is incredible.
I seriously, I mean, you guys have great chips, obviously.
What's your best advice to anybody out there that's trying to build a company into a company like Frito-Lay?
Wow.
Well, the sky's the limit.
I you could do anything.
Frito-Lay started with one man, Herman Lay, right?
Selling potato chips out of a truck.
Hustle, worked hard.
Did it.
the right way took care of customers, took care of his employees and the next thing you know it's a multi-billion dollar business.
Yeah in today's environment you got to want to understand your consumer who's buying your product better than anybody else.
Technology is the way to make sure that you stay on top of consumer trends and you understand what consumers want.
Be in consumer of sale.
is, I think, the most important thing.
No, what was the biggest driving factor of your success that enabled you to become a CEO of a multi-billion dollar company?
A preparation and a little bit of luck, man.
Right place, right time.
Doing it the right way.
Being authentic.
Treating people like you want to be treated.
I mean, it really is.
You got to be smart, everybody's got to be smart.
You got to want to hustle, right?
You got to, you got to want to work harder.
The next guy, but you're gonna do all that and be a jerk and be failed.
That's the CEO of Frito-Lay Chips that we just interviewed, bro.
You can't make this shit up, bro.
I mean, we're just walking around in Dallas.
We see them in and just asking a few questions.
He's the CEO of a multi-billion dollar company.
Let's keep going to get some more, man.
Shout out, Dallas.
What industry?
Did you decide to pursue a career and I decided to go into retail business retail business?
Yeah, what did you do exactly?
Well, I ran a lot of different retail companies and what company were you the CEO of well?
I was a lot of mine was a penny company the pennies company Macy company
Bonnie's Neiman Marcus so that a lot of different companies that had difficulties at the time I was a CEO of the company But it's not the CEO who makes this success,
it's the people who work for that company, but it's the CEO's responsibility to make those people realize how important they are to the company.
It's not one person.
In one minute, tell me the blueprint that it takes to run a successful company, a-pundred million dollar company.
What's the blueprint to creating a strong company in today's world?
Understanding culture.
Understanding the culture.
culture of the company.
Each company is different.
Neiman markets is different than a penny company.
So you have to go on, you have to understand who they are, not who you are.
And then you also got to your customer.
Because the number one thing that a person running a company has to know who is customers and take care of them and make sure you people are taking care of.
And then if you do that, you can take care of the shareholder.
Even though it's People say the shareholder comes from the shareholder does come first because they can fire you
But if you don't get if you don't take care of the customer for you're never gonna take care of the shareholder Yo, my man.
We're just interviewed right there was the CEO of petties Macy's and meme and Marcus bro I couldn't hold it together bro.
We just interviewed the CEO of Frito-Lay and now we're gonna be that mogo That is a retail mogo right there
Just dropped some straight game on some serious entrepreneurship business advice me Dallas, Texas has been fucking insane, bro Let's keep it going.
I first question for you, man.
What industry did you decide to pursue a career?
I'm a professional football player professional football player what team you play for play for several teams
And hopefully to speak my life again to NFL my name's Avon Naskin.
So I play for the brand Cal boys Jackson's bill bills for a little bit in Green Bay West Virginia University.
West Virginia University.
Yes Oh my goodness That is amazing.
Yeah, this is crazy to me.
I go to UT.
So we're a little bit of a rival here, but I know you did.
I know you did and trust me.
I've seen your returns though.
I know you got it.
So I guess I'll ask What's been the biggest driving factor of your success that's enabled you to become a professional athlete work your way into the NFL?
What does it take for number one it took a lot of discipline and hard work
I come from a place where a lot of us don't really make it out You know me so that my mindset different.
I want it better for myself I want it better for my family.
So with that being said always stay focus always seeing the point.
You to have good people around you that's willing to tell you when you're wrong.
You can't have no type of yes-men around.
You to have it stand strong, people even for women or men around you.
What has been the most amount of money that you ever made in a single year?
Probably 11 million.
What's your best financial advice to the younger generation out there?
You got to get the right financial advice.
your around,
you get people,
even though it's your money,
you gotta have people tired like they have money as well,
you know what I mean,
because know,
you like nice things,
you'll spend,
but you need somebody that's gonna be that backbone and be like,
hey, hold on, hold on right now, this is this, this is that, gotta put this away for this.
I love it, man.
Thank you so much, take on it.
Appreciate that, man.
That is unbelievable.
We interviewed Taevan Austin.
Taevan Austin.
I used to play with that man's in Madam bro.
He's been in the NFL for over 10 years and he was one of the best Returners in all of football.
He's probably got the best college football highlight tape on the entire planet man Shout out to tape on Austin over 10 million in one year.
What industry did you decide to pursue a career?
Well my graduate degrees in public administration,
but I ended up working in on college working in clinical trials So when it's completely different
direction yeah are you a business owner yeah part part owner and what has been the
most amount of money that you ever made in a single year on average reduced
are you talking about me personally or the business I guess both the business is
60 million and then a couple of million for myself what's the secret to being
able to scale from six to seven figures in business or even just personal income
what's the secret to scaling well part of our success
is we started a business in like 1990s and then we sold it for a nice chunk of change.
So how much did you sell it for?
$365 million.
So you sold a company for $365 million?
Yeah, there was a group of us.
So that was really very helpful in terms of you know making.
It gave us an opportunity to sort of look in a different way and work in an industry that was still in
enjoyed but in a different way.
So I think if you can create something that's successful and then find someone who's interested in purchasing it,
that go a long way in it.
What's the best financial advice that you've ever seen throughout your lifetime?
Invest in different companies.
Just have a nice investment plan for yourself.
And can never start.
They always say you can never start too young.
I that's true and is there a particular industry that you think people should really be looking to get into right now?
Maybe it's in health care.
That's a sector that you're in or where do you think people should really be looking to?
Well, I the tech world continues to be a good part of a successful portfolio, but health care definitely, especially drug development.
And I guess why drug development and that sector of health care in particular?
Well, because we're just an exciting phase.
I when I started 22 years ago doing what I'm doing, there were maybe 12 or 15 good oncology drugs, and now they're over 40.
So there's this real breakthrough that we've had, especially with immune therapy, and that'll just continue to move forward.
My man sold a company for over $360 million.
His company right now is doing $60 million a year.
What do you got to say about the Dallas so far?
What the fuck?
Dallas has been unreal.
We got a Cowboys player, Tevan Austin.
We got two major former CEOs.
But my biggest lesson about that last interview
is the takeaway that all the money that he has made and $100 million that he sold the company for.
in the millions that he's bringing home a year.
He made it because he did it with a team of people.
Like he said, he didn't just own all the wealth for himself.
He said there was a group of us that came together and we made something special happen.
They made a shit ton of money doing it.
So if you're out there, you think you could do it alone, just remember the saying.
If you want to go fast, go alone.
But if you want to go far, go together.
Let's go motherfuckers.
My man right here out in Dallas, he's parked in the car.
This is a multi-hundred thousand dollar car out in Dallas, Texas.
Let's go up and try and get this interview real quick.
Hey, excuse me, man!
Quick question for you.
Is this your Rolls-Royce?
Yeah, yes, sir.
What do you do for a living?
I own a sun spa or a taming franchise that has 75 plus locations, like 13 states.
And how long have you been a business owner for?
Since 2009.
Two nine.
Is it cool if we could ask you a few questions we go all over the country just asking the business owners their advice to young entrepreneurs
Is it cool?
Could we ask you a questions outside of the car real quick?
No, let me guess obviously.
Yeah, yeah, for sure.
Awesome.
What has been the most amount of money that you ever made in a single year?
Multi multiple sudden figures.
For someone out there, they're trying to scale their income from six to seven figures.
What advice would you give them?
The biggest thing is
everybody wants to people control freaks and there's a there's a really good book
it's like super short but it's called great CEOs are lazy or good CEOs lazy and
basically says that if you can delegate and somebody can do the task 70%
as well as you can delegate it so like I'm a master delegator so I find people and I
put them in positions to do things also the other thing is I also be a
give people opportunities that also benefit myself in a sense of like I will buy a company and give some money equity.
So therefore that's their baby, it's an opportunity they would have never had previously and they're doing 95% of the work.
I use my team and my resources to help set everything up, you know, the books and all that.
And then that's ways to,
you know,
essentially, it's actually truly, there's no such thing income but that's as passive as it gets because that person is doing the work
to give them an opportunity to make more money than they ever would and you're
benefiting from it as well because you know if it's a say six-figure profit
business where it's you know it's making 600,000 you're 50-50 partners now you're making 300,000 you're literally doing nothing.
Next thing that I'm just gonna ask you is that you know there's a big debate for entrepreneurship whether they
should diversify in a different industry.
But do you think entrepreneurs in today's world should they diversify it or how important has that focus on one thing been for you throughout your career?
Yeah, so this is like an amazing question and actually so Concentration builds well, right diversification keeps it.
I don't know whose quote that is but I use it all the time So it's like concentrating on one thing so I concentrated on one thing and obviously made enough money where I can there's
nothing that I see or want to do that I can't afford do.
So now what I'm doing is I'm vertically integrating my whole business.
So know we're constantly right now we're building 20 new locations.
So like this month I'm spending like 200 thousand dollars on HVAC.
So I'm gonna buy HVAC company,
an electric company,
a company,
you an MEP architectural company because we use so much You know,
the amount of people that are making money off of us on the real estate commissions and stuff like that.
Also, a ton of commercial buildings and commercial strips.
And single one of them has my business in it, right?
What that does, that's also vertically integrating and that's diversification.
But it's like, instead of me paying rent to someone else, I'm rent to myself.
So like, that's my sense of diversification.
But when it comes to somebody who is not.
new and like an entrepreneur everybody says oh we want three streams of income and all that.
That's all just kind of bullshit it's like you know if you make a thousand dollars on a rent house
and then you go and have a drops of shipping company you make a thousand dollars what is that
you can literally just focus on one thing and kind of scale that up and once you have enough cash
flow to where you can replace your day job and you can also do anything you want to go do then take that money.
and then diversify into whatever else you want to do.
Yeah.
So.
There you go.
Fag it.
My man.
You crushed that.
Thank you so much.
Appreciate it.
Appreciate it.
Appreciate it.
The house has been one of the craziest cities that I've shot in so far.
This video has been crazy.
But I want you to comment down below who's been your favorite person we've interviewed so far and why.
We love to connect with you guys.
I want to know all your thoughts on this video so far.
I'll catch you guys a few months ago.
We actually interviewed a health care executive at a four billion dollar company that just sold He's now an angel investor,
but he invited us out to his house in Dallas, Texas to give us some game to the young entrepreneur Yes, sir.
Yeah, what's your name?
Don't say James.
You do the work appreciate you man.
Hey any advice to the younger generation out there?
Oh, man I'm not the one to give it Vice of the younger generation.
Everybody's got the wrong perspective, you Like, if you could tell anybody any message out there.
I want the biggest life lesson you've ever learned.
The biggest life lesson I've ever learned shit right now is to search peace instead of financial gain.
What would you say is important to finding that peace in yourself as opposed to serving money and serving people?
Well, if you're not right in here, then whatever you do out here doesn't fucking matter.
Hey, that's some real spill right there.
Donte appreciate you stopping by man.
Have a good one man.
Have a good one.
Thank you.
You know what?
I love that advice right there.
You can't serve money We want to be super successful,
but you got to find that in a piece inside If all you're looking for is the money you're never gonna find peace and they're gonna find happiness
That's some real skill right there.
That was a really cool interaction We just have with Donte he recognizes from the channel and some of the interviews that we had done
But right now we're on the way to the executives house
It's gonna give us some game on how entrepreneurs can really thrive in today's business world and what he looks for in companies as an angel investor
So let's head out right now.
Can't wait to get this content for you guys.
What industry did you decide to pursue a career in healthcare?
In my last role
I was the chief operating officer for a seven hundred million dollar business called health management systems
And did you guys end up selling your company?
We did we sold it to a private company?
equity company for about three and a half billion dollars and it was a very successful exit at the end of 2020.
That is incredible.
My next question for you, what was the best financial advice that you ever received throughout your lifetime?
If had a mentor or somebody that taught you a lesson about money that has kind of always stuck with you,
what's the best financial advice you ever received?
Spend half of what you make and always keep your powder drive,
because there's always an investment that you could use a little bit of money on.
There's always something you can, a person you can invest in, an idea you can invest in.
And if you don't have any dry powder, we call it a cash on the sideline, then you're always sure to do that.
So always keep enough cash on the sideline or any kind of liquid requirements they have.
And so,
and I think in this market,
in healthcare today,
A lot of the valuations have come down,
so over the next two or three years you're going to see a multitude of investments that weren't there two to three years ago.
So you should have some money in cash today.
What do you think is the biggest thing that takes a business from seven to eight and eventually nine figures?
A lot of people will have a great business idea.
They'll start that business but they struggle to scale and grow.
How are you guys able to scale into a multi-day billion dollar business.
I think the biggest challenge with scaling is just getting enough infrastructure to drive enough business where you need more people,
more technology,
you need more sales, you need more marketing, you need more commercialization of the product and ultimately you need to make it a industry utility.
So everybody that's not using it is at a disadvantage.
Once you can get to that tipping point, then you really scale.
What would you say was the biggest driving factor that really led to your success that
enabled you to work your way up and become an executive out of nine and eventually 10 for your company in a booming industry?
Helping others succeed.
I think your biggest focus is if you can help your direct reports, get to their next level.
If you can mentor people on the line, up the line.
You can reach down and pull people up the ladder and always be focused on really giving them
constructive criticism on what they did what they didn't do what they could do how they should go about it because hiring the best people and
Lifting them up always kept me on the top of the on the top of the food chain
So that's how I raise and so the better you can surround yourself with great people the better you can mentor those great people
the more opportunity you have to grow in your career as well.
You crushed that.
Thank so much.
Thank you so much for watching this video and like and
subscribe and click here to watch us going all around Houston asking multi-millionaire homeowners how they became successful.

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