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Episode · 6 min

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Source: Tate Speech · 10 Oct 2021Watch the full video on Rumble (opens in a new tab)

Transcript

Yeah.

*outro music*

Thank you.

Thank you.

*thud*

You know what, Luke?

Thank you.

Bye.

When I was broke,

I lost so much money.

I lost so much money in the business I had in my life.

Because he knows that it was.

I mean, what kind of genius

Almost. See.

Do you understand what I'm saying?

It's actually funny, when I had a conversation about opening

set.

What's the hardest business to open?

and we were going through businesses that are hard, we decided that building airplanes would be hard. Think how hard it would be to start an airline company.

Right, to compete with Bowie.

You've done.

research planes

build one, design planes, get a bunch of staff from all these other companies,

headhump them all, pay them loads of money.

And then you got to go through, build a factory.

You go through all the safety trialing of the plank.

It's like 10 years before you'll make any money.

and you're going to spend billions

And then by the time you find it you're playing ready,

Boeing probably just lobbies the government

make sure that you don't even get to sell it. So I decided that building planes would be the hardest thing.

This is what I do, I analyze money, right? In real time. I've talked about this before. Every time I have a coffee,

If I sit and have a coffee,

I don't just drink my coffee, I sit there.

And I think, how much did this coffee cost? What's the problem, aren't you? Who served it to me? Pretty young girl. Wow, this place is full of businessmen. That's why she works here. Do they sell cake?

How much is the cake? What's the margin on the cake?

It's their car parking. They make more money of those parking. If I were to open up right next door,

Could I outcompete them?

This is how I analyze money in real time. This is how I go rich.

I look at the ways money is moving. Money is like water, right? Grains, lands in a puddle,

and flows down the stream of the ocean.

evaporates.

Thank you.

and it goes back into the sky and rains out somewhere else.

That's how money works.

So I analyze money in real time.

and

When I was analyzing plane companies, I thought, okay, that'd be hard to open.

So I sat with Tristan and said, okay, we're not going to launch a plane company. We're not going to build planes.

What else would be hard to open?

Tristan said,

Well, probably something that always makes money.

And I thought, well, what always makes money?

Now, let's go.

A lot of you at home will be sitting there thinking, "How do you open a casino?" If you've got a brand, if you're perspicacious, you'll understand that opening a casino is extremely different. The paperwork involved,

who you know, blah, blah, blah. I mean, it's not easy to open a casino, 'cause it's easier than what would happen. So it's down to who you know. That's what opening at OE Casinos is all about, who you know.

Not what you know, who you know.

This speaks to the power of network.

So when people say to me, oh, Tate, how did you get into the casino business? I say, well, I know important people.

Who do you know?

It's a really good test of yourself as a man. If you're watching this video,

Go through your phone.

Scroll through your phone book.

and find the top five most important people in your family.

And not important to you, like, "Oh, she's important to me. She gives me blowjobs."

I'm like, actually, they matter in the world. People would care if they died.

People listen when they talk.

Who are the most five most important people in your phone?

and then add up their combined network.

You'll realize it's a promise.

five most important if you know coming from my

We got it. We're gonna have three million to fight. You understand? What chance do you stand?

You're not talking to me, right?

I'm not even like me, I can say I want to open casinos and stuff like that phone calls.

Hey, I want a casino. I don't know anything about a casino.

But I was on a yawn with this guy who knows about casinos.

Understand?

Moose.

- Private jet dice. - Private jet dice Aikido.

You don't know about this!

You ain't got nobody you can call. That's why they say network is network.

It's absolutely true.

But how do you get a powerful network? You also need to be valuable to these people.

You can't just be a shit muncher, because if you're a shit muncher, they don't answer your calls.

You have to provide value.

to receive value.

And that's the lesson of this taste gauge.

If you want to

Have good friends.

Be a good friend.

If you want to feel loved,

Love others.

If you want to feel important,

Be important.

Thank you.

I'm sorry.

.

Hey!

Bye.

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