This Seems Dumb, But It Gets Me Private Jets For Free
Summary
TLDRThe video script explores the concept of 'time arbitrage,' a strategy for maximizing the value of one's time to afford luxuries without significant financial outlay. The speaker shares personal anecdotes of leveraging time effectively to secure private jet trips and high-end experiences, illustrating how anyone can apply this principle to elevate their financial status. From mowing lawns to teaching skills, the narrative emphasizes the importance of valuing time over money and investing in personal growth to unlock a path to wealth and success.
Takeaways
- 😀 The concept of 'time arbitrage' is introduced as a method to make luxury experiences like private jets and yacht trips effectively free by valuing one's time over money.
- 💡 Time arbitrage can be applied at any stage of life, even starting from zero, by learning skills that increase the value of one's time.
- 🎓 The speaker shares personal examples of using time arbitrage to afford a private jet trip and a cruise, by leveraging skills and opportunities to generate income.
- 🚀 The importance of making one's time valuable is emphasized, suggesting that successful people trade money for time, unlike unsuccessful people who trade time for money.
- 🤔 The speaker encourages viewers to consider how they waste time and what skills they can learn to increase the value of their time.
- 💼 The script illustrates that by investing time in learning and skill development, one can create opportunities to earn more, thus making expensive experiences more affordable.
- 🛫 The speaker explains how he managed to make a private jet trip free by selling tickets to a seminar, demonstrating the practical application of time arbitrage.
- 📚 Learning new skills like graphic design, coding, or audio engineering can provide a means to earn money and increase the value of one's time.
- 🚗 The script suggests eliminating time-wasting activities, such as long grocery shopping trips, by using services like Instacart to save time for more valuable pursuits.
- 💰 The idea that penny pinching can keep one poor is discussed, with the suggestion to invest in experiences and learning that increase earning potential rather than saving on small expenses.
- 🌐 The speaker shares how moving to Dubai increased his revenue due to valuable connections, emphasizing that valuing time can lead to significant financial gains.
Q & A
What is the main concept discussed in the video script?
-The main concept discussed in the video script is 'Time Arbitrage,' which is a strategy to make one's time more valuable and afford luxuries without spending much money.
How does the speaker claim to have taken a private jet for free?
-The speaker claims to have taken a private jet for free by using the concept of time arbitrage, where he monetized his time effectively to afford luxuries and offset the cost of the jet trip.
What is an example of time arbitrage mentioned for a high school student?
-An example for a high school student is to spend time learning a skill like graphic design or coding and doing freelance work, which makes their time more valuable instead of waiting in line for discounts.
What is the speaker's view on penny pinching and its impact on wealth?
-The speaker believes that penny pinching can keep one poor, as it prevents individuals from investing in their time and skills, which are crucial for long-term wealth creation.
How did the speaker use time arbitrage to afford a cruise in 2012?
-The speaker used time arbitrage by learning WordPress, offering a free seminar on it, and then directing attendees to a hosting platform for which he earned a referral fee, which paid for the cruise.
What is the speaker's opinion on the value of time versus money?
-The speaker believes that time is infinitely more valuable than money, and valuing time over money is key to achieving financial success and being able to afford luxuries.
How did the speaker use his skills to pay for his college education?
-The speaker used his knowledge of audio engineering to offer lessons on how to use home studio software, earning money that helped him pay for his college education.
What is the speaker's advice on eliminating time-wasting activities?
-The speaker advises eliminating time-wasting activities such as long grocery shopping trips by using services like Instacart and opting for Uber rides to work, which allows for productive use of travel time.
How did the speaker's trip to Dubai lead to a significant increase in his company's revenue?
-The speaker's trip to Dubai led to connections and opportunities that added an extra million dollars in revenue to his company, including a $36,000 commission from a single event pitch.
What is the speaker's final recommendation for viewers to improve their financial situation?
-The speaker recommends that viewers assess where they are wasting their time, learn skills to make their time more valuable, and adopt a mindset that values time over money to improve their financial situation.
Outlines
💼 Time Arbitrage for Luxury Lifestyle
The speaker introduces the concept of time arbitrage, a strategy to acquire luxuries like private jets and yacht trips without incurring direct costs. They share personal anecdotes about avoiding budget airlines and leveraging opportunities to ensure high revenue for their business. The key message is that anyone can practice time arbitrage, even starting from zero, by valuing their time appropriately and learning skills to increase its worth. Examples include a high school student mowing lawns or learning graphic design to earn money instead of waiting in lines for discounts.
💰 From Student to Entrepreneur: Time Arbitrage Journey
This paragraph details the speaker's personal experiences with time arbitrage, starting from a small scale to eventually affording a private jet trip. The speaker emphasizes the importance of trading money for time and using social media and email lists to monetize skills and knowledge. They recount how they taught others about blogging and audio engineering to fund personal experiences like a cruise and college education. The narrative illustrates the transition from a broke student to a successful entrepreneur by valuing time over money and leveraging it to generate income.
🌐 Maximizing Time Value for Global Opportunities
The speaker discusses the broader application of time arbitrage in their life, including the decision to move to Dubai for business opportunities. They highlight the importance of eliminating time-wasting activities, such as grocery shopping and driving, by using services like Instacart and Uber, which allow them to work and generate income during what would otherwise be unproductive time. The speaker shares a story of making a significant commission from a pitch at an event in Dubai, illustrating how valuing time over money can lead to lucrative opportunities and a more affluent lifestyle.
Mindmap
Keywords
💡Private Jet
💡Time Arbitrage
💡Opportunity Cost
💡Skill Acquisition
💡Freelance Work
💡Value of Time
💡Monetization
💡Normie Thinking
💡Stage Selling
💡Instacart
💡Uber
Highlights
The concept of 'time arbitrage' is introduced as a method to get luxury items for free by valuing time over money.
The speaker shares personal experiences of affording private jets and yacht trips without direct cost by leveraging time arbitrage.
A high-level example of avoiding a Spirit Airlines flight to ensure timely arrival for a high-revenue event.
The importance of not missing opportunities due to financial constraints, even if it means paying a premium.
A personal anecdote about being 'cheap' and finding ways to get a $40,000 private jet flight for free.
The idea that anyone, including high school students, can practice time arbitrage even from zero starting point.
An example of how waiting in line for a discount can be exchanged for time spent earning money or learning a skill.
The suggestion to eliminate time-wasting activities to focus on skill development that increases the value of one's time.
A strategy for using saved time from a direct flight to learn a new skill or close business deals.
The notion that unsuccessful people trade time for money, while successful people trade money for time.
A personal story of selling a seminar to cover the cost of a private jet trip.
The idea of starting small with time arbitrage, such as offering a free seminar on blogging for referrals.
How learning WordPress led to a profitable seminar and a paid cruise trip.
The strategy of using time arbitrage to pay for college by teaching others how to use home studio software.
A discussion on the value of eliminating non-productive activities like grocery shopping and using services like Instacart.
The choice to spend money on Uber rides to save time for more lucrative activities like deal-making.
The realization that time is infinitely more valuable than money, leading to a life-changing mindset.
A story about moving to Dubai for the potential to increase revenue through valuable connections made there.
The conclusion that valuing time over money can lead to being able to afford anything as time goes by.
A call to action for viewers to identify time-wasting activities and learn skills to make their time more valuable.
Transcripts
I'm about to take this $40,000 private
jet for free did I pay for it yes sort
of but it actually didn't cost me
anything and that's because I figured
out a way to get stuff for free and it
seems kind of dumb but it actually works
so I'm going to show you how I managed
to afford private jet trips yacht trips
and even fancy hotels in Dubai and you
may think that you have to have a lot of
money to do this but you can do this at
any stage and any level of scale I'll
teach you a new way to view luxury so
that it can always be free this concept
is called time Arbitrage and I'll give
you a couple of examples of it in
practice I'll start with a high level
like I'm doing it at and then I'll show
you how anyone can do it even a high
school student so here's the high level
I really don't want to fly Spirit
Airline last time I flew spirit I got
stuck in this tiny little seat my flight
was delayed I missed my connecting
flight and I almost missed an event that
I was speaking at now I made it
but that event ended up making my
company over
$250,000 if I would have missed that
event that would have been a quar of a
million dollar flight on Spirit Airlines
so I promised myself I would never fly
Spirit again so about a year later I get
invited on some really big podcasts
podcasts that could again bring my
company a substantial amount of money
and they were in Vegas and of course the
only fight from Florida to Vegas is
Spirit yay and I was flying into Dubai
and I only had like one day difference
so there was no way I could have a
flight delayed so I started checking
into private flights and I found that I
could get a private flight from Florida
to Vegas fuel pilot everything for about
$440,000 now one thing I've learned over
the years about rich people is that they
see opportunities that are worth a lot
and then they pay to not miss those
opportunities so even though it made
Financial sense for me to pay $440,000
for this flight to not miss a
potentially multi hundred, thousand
maybe even millions of dollars in
potential revenue for my company there's
one crucial factor that I wasn't
considering and that is that I'm cheap I
don't want to pay 40 grand for a flight
that's bananas so I had to figure out a
way to get it for free but there's two
aspects of this there's making your time
valuable enough to be able to afford
things and then there's getting stuff
for free so let's start with the first
one time Arbitrage works at any level
even if you're starting from zero so
imagine you're a high school student and
there's a new video game coming out or a
piece of clothing limited edition and if
you go to the mall and you wait in line
for several hours you can get a $50
discount well you can take those hours
that you would have spent standing in
line and you can go m a lawn and you can
make 50 bucks so that you can afford the
thing that you want and not have to
worry about standing in line and you
will have gained a customer mowing the
lawn who can then pay you again and
again and again cuz you know Grass Grows
he's going to need it cut again and then
his neighbor's like oh I need my grass
cut now you got another customer see
your time just became more valuable or
you could even take those hours and
learn how to do something like graphic
design or coding and go out and do
freelance work and again you're time
just became more valuable it starts to
now not make sense to stand in line same
thing with flying commercial let's say
that a cheap flight has one or two stops
but the more expensive flight is direct
well if you pay extra money for the
direct flight you can take those saved
hours and you can again learn a skill
that will make you more money or if you
have a business you can spend that time
closing deals and even if you just paid
for the damn flight and you didn't make
any money you're still taking that time
and learning something that makes your
time more valuable so that next time you
don't even have to worry about it you
can just pay for it and even if you're
dead dead broke go in the garage find an
old bike or something that you've been
meaning to sell but haven't put it on
Craigslist put it on Facebook
Marketplace sell it get the more
expensive ticket take the time learn the
skill boom now your time is more
valuable time Arbitrage is about using
your time to make your time more
valuable so that it makes more sense to
pay money to save your time and this
compounds because the more time you
spend making your time more valuable the
more it makes sense to spend money on
saving time which means you have even
more time which means it can be even
more valuable and it just goes bananas
until eventually you're flying on
private jets because it just doesn't
make sense to take a commercial flight
now yes this will take some time but my
God if you don't start right now it'll
never happen for you the lesson here is
that penny pinching is keeping you poor
billionaire Jack ma once said that if
you give a monkey a choice between
bananas and money he's going to choose
the bananas cuz the monkey doesn't
realize that the money can buy way more
bananas than what you gave them in the
first place and similarly if you give
the average person a choice between a
job and a business they take the job
because they don't realize that the
business can earn them way more money
than a salary see this is what I call
Normie thinking do you want to be a
normie or do you want to be rich can't
get rich thinking like a normie cuz
normies don't see the long-term value of
their time that's why most people just
go through life wake up eat go to
work eat sleep eat eat
eat and then they literally have to
eat cuz they don't have enough
money to afford the Finer Things in life
unsuccessful people trade their time for
money successful people trade their
money for time now that you understand
time Arbitrage let me show you how I
used it to make the jet trip essentially
free at this point in my career I have a
decent Siz social media following and
email list because I constantly trade
money for time and increase my skills
and so I sent out an email and I made a
post and I said hey I'm going to be in
Vegas on these dates I'm going to do a
one-day seminar you can come to the
seminar and I'll help you with your
business I'll ask any question that you
have the price is $5,000 so I only
needed to sell eight people to make
$40,000 to pay for the jet and
essentially cancel it out and make it
free well we accidentally sold nine
tickets so I actually made a little bit
of money and the Jet was free now you
might think well that's you Dan nobody's
going to pay me $5,000 to answer
questions and you are right they
probably won't but I started this on a
very small tiny scale and here's how I
did it in 2012 I wanted to go on a
cruise with my girlfriend but I didn't
have the money at the time blogging was
becoming popular so I set a day aside
and I learned WordPress which is the
popular blogging software I learned how
to set it up and launch your blog which
honestly took not even a day to learn
then I made a post on Craigslist
offering a free seminar on how to start
your blog and I said come to the seminar
you'll learn how to start your blog and
you'll even get it set up by the time
you leave well in order to have a Blog
you have have to have what's called
hosting and at the time hosting
companies were offering like $150 per
sign up if you referred somebody to
their hosting platform so I held the
seminar I had like 30 people come all
for free I taught them how to start a
blog and then I said okay now let's set
the blog up in real time so that it's
done by the time you leave go to this
link and pay for hosting so they all
went to the link they paid for hosting
and I made $150 per attendee and I ended
up making like three grand that day and
that completely paid for the cruise we
went on we had a fantastic time and my
girlfriend later became my wife and the
mother of my cute adorable baby boy I'm
just going to shove this picture in your
face so you see the cuteness anyway the
lesson here is that most people don't
take time to learn new things so if you
take that time and then you spoon feed
it to them you can make money doing that
and the time that you spend learning it
instead of wasting that on saving money
or even worse netflixing and chilling go
learn the thing now I've been using time
Arbitrage for years so here's another
example of how I used it to pay my way
through college so I went to a very
expensive college it was a specialty
school where I learned audio engineering
and it was about an hour away from my
house so Not only was the school
expensive but I had this old Chevy
Blazer that just drank gasoline so even
the trip back and forth was pricey I
would sometimes even sleep in my car if
I had a late class and an early class
the next morning just to save money one
day I'm in a Guitar Center and there's
this guy who was looking at audio
equipment and I struck up a conversation
with him and I just gave him some advice
on the right audio equipment to buy for
his home studio he was so impressed by
my advice that he offered to pay me
$100 to go to his house and teach him
how to use his home Studio software now
he could have been a murderer but I
needed money thankfully he wasn't and it
was the easiest $10000 I ever made so I
got an idea I went on Craigslist and I
made a post I said hey for 50 bucks an
hour I will get on Zoom with you and I
will walk you through how to use your
home studio software so I started doing
that I got fully booked out and not only
did I end up paying my way through
college but I was making more money
doing that than what I would have made
with the degree that I would have got in
if I would have stayed in college so my
time became so much more valuable that
it didn't even make sense to go to
college anymore so I dropped out and
thus began my journey in
entrepreneurship enough about me here's
how to use time Arbitrage in your life
first thing you need to do is eliminate
all the things in your life that are
preventing you from making your time
more valuable just as I learned skills
that made my time more valuable so that
I could make more money you can do this
as well first thing thing is shopping
grocery shopping takes freaking hours so
use instacart yes I get it it's a little
bit more expensive there's a delivery
fee but that's multiple hours per week
that you could use learning a skill
that'll make you money in fact instacart
has helped its customers save over
700 million hours it saves me about 3
hours a week and trust me those 3 hours
a week are worth a lot more than the few
dollars I pay for a delivery fee next
thing is driving so when I fly I usually
fly out of Orlando which is about 2
hours away because I just get better
direct flights so instead of driving
there myself I take an Uber and the Uber
cost about 200 bucks but while I'm in
the car I can get work done that makes
me money in fact I can close deals
responding to Instagram DMS and make way
more money than 200 bucks sometimes one
deal is worth 8 $10,000 to my company
why on Earth would I save 200 bucks when
I could be closing deals so for you
imagine you had a product that you sold
that cost a mere 200 bucks and you're in
the car you're talking to people on
Instagram you close one deal in that
2-hour drive you paid for the Uber you
don't even have to charge a lot to make
your time more valuable do you see how
important it is to value your time over
money because look if I offered to wire
you a million dollars right now you'd
take it right but what if you couldn't
wake up tomorrow no of course you
wouldn't take it but what if it was 10
million what if it was 100 million what
if it was a billion
the answer is still no why because I'm
taking your time I'm paying you a
billion dollars for it but sorry it
ain't worth it because time is
infinitely more valuable than money and
we just most of us just don't realize
that and when I realized it that's when
my life took off when you live with this
mindset you can't help but level up and
here's one more perfect example of that
I recently decided to move to Dubai and
my mother calls me and she says dan I've
heard Dubai is like one of the most
expensive cities in the world are you
sure you can afford that and I told her
mom believe it or not I can't afford not
to live there because when I went to
visit for a month I made so many
connections that I added an extra
million dollars in Revenue to my company
just from the connections in fact I met
a guy who was holding an event with only
11 people just a small little event and
he offered me to come and do the pitch
for that event because he was great at
teaching but not good at pitching what
he had to sell in a live setting so I
went there I did the pitch and I got a
$36,000 commission just for 90 minutes
of my time because I've spent years
learning how to sell from stage making
my time more valuable that's why that 90
minutes made me 36 Grand which by the
way paid for the entire trip to Dubai
then my buddy Dennis U pulled me on
stage at affiliate world and I got to
speak in front of thousands of people
exposing my brand just cuz I have
happened to be in Dubai hey Dan come
come up here come talk for a minute and
I just thought to myself imagine if I
live there fulltime how much extra money
I could make so I asked my wife hey want
to move to Dubai she said yes so we
bought a house in Dubai and began our
new life there because time is money and
when you value your time over money you
will be able to afford whatever you want
as time goes by so ask yourself where
are you wasting your time today what
skills can you learn to make your time
more valuable so that you don't have to
spend your time doing dumb stuff that
you don't want to do and you can have
nicer things while you do it now if you
want to save even more time you can
watch my video on how I invested a half
a million dollar into business gurus and
what I learned that way you can save 500
Grand and learn it a lot quicker you can
check that video out here thanks for
watching see you in the next one
[Music]
تصفح المزيد من مقاطع الفيديو ذات الصلة
KEY TO FINANCIAL FREEDOM By Kulin & Mina Desai
Why your SAVINGS are DISAPPEARING?! | Ankur Warikoo Hindi
How To Invest For Teenagers
21 ASSETS that make you financially free | How to get rich hindi | 11 FREE ASSETS | SeeKen
The #1 Reason Your Facebook Ads Fail
9 Income Streams You Can Build While STILL an Employee
5.0 / 5 (0 votes)