because you're looking for a crutch. I'm not that crutch. And for the people that I am chair, they'll say, If I had to do it over again, I wouldn't ask down again. He's too hard. And you say, I'll kick put my foot on your ass and [__] you, you [__] [__] with [__] mini muscles. You don't know what the [__] you're talking about. I beat you like a [__] ranted mule. You don't want me. You think you want me because you think it's going to make it easier for you, what it's not. And I resign. The great thing is three days before the deal, I resign as your chairman. And then you're [__]. Steve Jobs had no mates. Friends does mates mean the same thing as friends? Yeah, okay. If I were to trud judge you by the guy you chill with, Bill Gates doesn't chill. I told the joke um.

Sally and I went when we were in the Orient Express. Yes, we're in Verona and uh we hiked up to some Roman ruins 40-50 minutes up there and uh we're waiting 45 minutes for a drink. And Sally says, I think we're chilling. I go, Why? 'Cause the lazy Goombas, the three of the laziest people on the planet, they're all Italian, no question, okay. They went from the Roman Legions to dog. I, you know, anyway. So, but anyway, she says we're chilling and I go, And I'm not Milano, no, no Milano. Okay. And so I said, Well, what do you mean? She says, Dan, you know how long we've been here? And I go, 20 minutes. We've been here 45 minutes waiting for a drink to order a drink, not for a drink. So I immediately, normally if, if two minutes and then I, I, the squeaky wheel gets the grease.

I can empty out a restaurant of 500 people in 45 seconds every [__] without yelling fire. All I start being aggressive, everybody gets up and leaves, and that's my natural disposition. So, within 90 seconds, the girl was there, within 90 seconds after that 90, we had a drink. Now, I was going to order a fancy drink. I, we'll just have glasses of wine, you know, I wanted to see just how much I could shake to join up, but these guys don't chill. And this has got to be your, um, Dream Team. If it's not, you're dead, you wasted your money, go home. Today, this is going to be the hardest thing for most of you to do because you would know a tough guy if he, well, tough guys wouldn't beat, bite you in the ass, but I mean you wouldn't know a tough guy unless he fell on you after he KN, you know, knocked you out in the ring like yesterday. And this is where everybody, not everybody, but this is

where the kids fail the most cuz if if if the group doesn't look like that you're dead or to me it's going to take you 5 years and as far as I'm concerned if it takes you five years you wasted my [__] time this is not a this is not a 5 to 10 year program although we have plenty of people that do it that way plenty of people and for some of you that are already uh long in the tooth meaning older uh not as old as myself but long in the tooth I mean you're running out of [__] Runway kids I just read somebody's email from some gal um I don't know where I've been what cave I was living in but I just discovered you last week and she's a real estate developer in Florida if 10% of what she wrote is accurate she's already got money CU I you know uh when you go to the be schools they they they teach you how to do best case medium

case worst case when you put your numbers together your spreadsheets, and you're always selling off the best case numbers like you and I discussing yesterday, and I immediately went to the worst case, and I take the worst case, and I cut it in half. If the deal makes sense after I take the worst case and cut the numbers in half, then we got something to talk because I've never seen a plan fail on paper in 49 years and 7 months that I've been doing this. Call it 50 years. I've never seen a business plan or projections fail on paper, never. I've never ever ever, and you have been selling, and that's why the banks don't believe you. The banks all think you're full of [ __ ] most of the deals we've tried to get financed over the years. If you've tried some of you have never tried to get anything finan don't make sense. The dog doesn't hunt cuz they don't tell you they take the worst case.

and cut it in half. They don't cut it, have they take the worst case and maybe they, they, they discount the worst case. They discount, for example, um, in the summer of 2014, I, I said them, they came out with articles that the oil, uh, West Texas Intermediate and Brent crude were going to go to $200 a barrel. Oil was about between $110 and $115 a barrel. Brent crude was about $18 to $123 and, um, I said oil is going to go to 40 before it goes to 200. That was August of 2014. In February, March of 2015, oil was $26 a barrel, but they were loaning money, a North Sea on escalated cases to $240 a barrel. Now, pun intended, 5,000 loans are underwater, both literally and, uh, figuratively. Um, because like then and now, about, um, the average age of the people that, uh, that manage the worldwide wealth are under 30 years old. So they've never seen a down Market, they've never seen the crash of 87 and a few other

things um and so the people that are looking at your deal aren't discounting the numbers enough. But if you do not utilize, there's a reason why we call it a dream team because they're there to make your dreams come true, not their dreams, your dreams. And unless you leadership like um uh the Viking that you saw yesterday, um you're going to go on Reddit and say QA failed. No, QA doesn't fail, kids, you fail. And I tell you, I keep saying because you know I was reading YouTube, I I don't hardly ever answer. I didn't answer anybody in YouTube, but the um it's you. QA can be used by anybody, but not anybody can make it work. There's a big difference. Absence of evidence is not evidence of absence. Some of you know directly or indirectly somebody that went through the program. They may or may not have made money, okay um if they didn't make any money, I can guarantee that if we go back, I mean this program, the council s I'm not talking.

about the program that's online for free. I can tell you that within, and we're going to talk about the weekly report later. Within the first weekly report that I got a law, and I put by your name next. It doesn't take you five weekly reports to figure out how to write the [__] weekly report. You either get the [__] done or you don't. Some of you will use the excuse, Well, I'm shutting my other business down. Some of you are shutting your business down, your other business, the business that you've been making a living from. Well, that doesn't have anything to do with whether you can accomplish what you're supposed to from the reporting system. That just, you know, like you. So, you got kids. That's not my challenge, guys, and all guys here today. That's not my [__] challenge. That's your [__] problem. Your old lady couldn't keep her [__] fat thighs together, and you

couldn't keep your dick out of it, and a stiff dick has no conscience zero. You got a mother with dementia, that's not my [ __ ] problem. I don't care. I hope she [ __ ] dies. So when these reports, uh, and I went back and I looked at Stats, and I told somebody last night, for 17 years, we had no reporting system from QA. 85% of the billionaires were created the first 17 years, no reporting system whatsoever, no Mentor [ __ ]. How did they do it other than they were tougher then? And then from 2010 to 2015-16, we had a modified Mentor program, modified program based on just the weekly report. Not that I held your hand on any that. And then we experimented for a couple of years, uh, with a Mentor, then 9 months, 8 months, 7 months, six months, down to two months, down to zero months now, uh, and the um, we have gotten not better results, not more consistent results, the results from the

the QA um you getting to the stage where you create a generational wealth all have to do with one thing who's focused along has nothing to do with your IQ. Has nothing to do with your net worth or the lack thereof for some of you in this room. I say that funny because I used to have no net worth either and I think it's funny. You know it's easy for me to say funny at my looking down now uh but I remember when I was looking up um it had it's who stays focused the longest that's the only thing and the former worldclass athletes seemed to do better at it because they knew how to focus. I.E Marcus bow and um uh I.E me because I was competing against you know the uh a myth of my father being a world class athlete that I was a uh Clumsy couldn't catch the ball not so the the fact that um I may be doing you a favor and me being your chairman is not the is not the um guilt Edge Panacea the the people

that I've been chairman for the last 27 years. There's no correlation to wealth, zero, zero, none. And I know some of you think otherwise 'cause you're looking for a crutch. I'm not that crutch. And for the people that I am chair with, they would say, If I had it to do over again, I wouldn't ask stand again. He's too hard. And you say, I'll kick put my foot on your ass and [__] you, you [__][__] with [__] mini muscles. You don't know what the [__] you're talking about. I beat you like a [__] rented mule. You don't want me. You think you want me because you think it's going to make it easier for it. What it's not. And I resign. The great thing is three days before the deal, I resign as your chairman. And then you're [__]. I like doing that. The entire board resigns, the accountants, and

lawyers leave you the bank. Don't answer your [__] phone calls then [__] me what did I ask him to be my [__] chairman for cuz when I am chairman you do what I when I tell you to jack off in front of the TV in front of your three-year-old daughter you better [__] jack off with a [__] uh selfie. Otherwise, I quit you don't want me you can't take me this is one of the two or three keys and you start with your dream team remember I said that if you're not tough somebody's got to be tough or the collective team has to be tough this is the collective and virtually nobody in your current current universe is like that now you may have somebody in your current un but he's not the guy that you invite over for dinner. He's not the guy that you invite for a drink because that guy and gal now make you uncomfortable you should not be

comfortable with anybody on your board zero nobody then you got a better then you got a better chance remember one of the key keys to the program is to get you to be comfortable being uncomfortable being comfortable being uncomfortable and when you know it's a metaphor and a lot of people don't like it but when I say run towards a gunfire and kill everybody I that's exactly what I mean. You don't run towards a gun fire when there's a shooting like in Hong Kong and these places they unfortunately in Germany they're shooting people what are what are the crowds doing they're all running away from the gunfire aren't they nobody's running towards the gunfire are they except for the First Responders the guys that we don't pay enough [ __ ] money the fireman the policeman Yad yada why are we running away I'm not I'm just trying to get a hold of a gun someplace so I can shoot somebody and you're trying to you know

hiding behind cars and getting low to the ground, and this is a run towards the gunfire metaphorically not killed, you know I would never everybody deserves to have a [__] you most people don't deserve to be [__] born, and what are you told just the opposite, right everybody deserves to have a life right what a joke, okay last night um you saw who Nick love means zero greatest tennis coach in the history of tennis can't play tennis never played tennis you get the message yet 186 if I remember correctly World Champs he coach I've talked to him on the phone try to get him to do something I wasn't successful he's going tanker his old bastard um eight wives if I remember correctly can't remember their names which I find very amusing um well the takeaways about Nick other than he [__] over Agy but uh doesn't think just reacts visualize just wait a minute doesn't think just react nobody in this room can say that

nobody other than me doesn't think. Just react, just pull the trigger, just do it. It's so foreign to you, even though you've seen example after example. After, it's still foreign to you. I can see it in your eyes. And so, the example that you modify away from that, it'll take you longer. The guy that did it in 73 days and the guy that did it in 81 days followed the steps 99 plus% exactly as illustrated. One's 34 years old, one's 62 years. Don't think, just react. What else about selective memory? Don't confuse me with the facts. I'm just telling you. I may be wrong, but I'm never in doubt. I mean, Steve Jobs was a preeminent, the king of that realm. Um, yes sir, the only time when someone coached meant something to him was if they won. What, and what you don't mean, dick to me until you win. I don't give if this little

skinny [ __ ] Falls dead here today. Just don't do it on YouTube. Let's drag his [ __ ] body so he dies off off the [ __ ] estate. I but see, I mean it with all my heart when I say you laugh. I don't give a [ __ ]. I hope your wives die so you're freed up for time. I hope your [ __ ] children smother to death so you have more time. But I mean it 'cause I know what it takes to be successful. You don't. It's not the similar to the Spartans. What else about Nick? He comes first. If I told you this, uh, the first day, my first wife and Sally would say that they worship the ground I walk on, but their love for me is transitory compared to my love for myself. Nobody loves Dan Pena more than Dan Pena. Nobody. My mother didn't. God doesn't, if there is one, but I've never had a self-esteem problem. Never. I can't relate to you as.

individuals because you do have self-esteem problem. I I just I wish I was bullshitting you like the other guys, but I'm I just don't get it. I don't. Not one fiber of my my body understands lack of self-esteem. Not one single fiber, not one muscle, not one senu, not one anything about me understands lack of self-esteem, because you can do something about self-esteem, the lack thereof, and you haven't done it, whether you're 21, 22, or 52, 53, which is the age spread here. You haven't. Most of you would call it self-confidence as opposed to self-esteem. Well, either one you don't have, don't make a [ __ ]. And when you hang around with people that have self-confidence, have self-esteem, guess what, it rubs off. If the four, five people that are still I'm relatively friendly with that I see once a year just had dinner with two of them a few weeks ago, and then I had a dinner with uh two more of them, uh, a few months ago, we we see.

each other every other year, whether we need to or not, and we've never talked about self-esteem, and we've never talked about self-confidence, but if I'm positive, if I were to ask Bud, Walt, Howard, they just look at me, What the [ __ ] must have early onset dementia, what's the old man talking about? 'Cause they all have it, they're all successful, I might add, not as successful as I am, but they're extremely successful. One was a contractor, builder, one was a casino executive, opened up Atlantic City, one was a government contracts like I teach you how to do, and they're all super successful. They're not worrying about the big tsunami, they're not worrying about inflation, they're not worrying about, and they don't worry about any of that [ __ ] unfortunately, three of those, their wives died. I never asked them if they have regrets because they didn't spend much time with their wives, because they didn't. I never asked them if they were regretted having spent

less time with their kids 'cause they I know they didn't they never brought it up to me, and I never brought it up to them. Remember I said the first day, you don't want people that you can relate to on your dream team. Now a few of you have reasonable education. Most of the people on your dream team are going to have reasonable education, but you would no education can still recruit people with reasonably good educations because of free Founders, free Founders Equity. Those are magic words. How do you say that in an in espan in Italian, okay? I mean German, um, those are the only on you need to know. I mean they're like magic. And because these guys that have been 25 to 40 years with these big companies and come away with a nice little pension, but it's a nice little pension, it's not a big pension. So they're looking to supplement their uh, their revenue so they can go on that extra holiday or those extra two holidays or whatever or help their families, whatever. What else about Nick, not a pie. Amen to that in.

fact, if I was to pick one of the guys that you're going to hear, I'd pick him to be the antithesis of you. And I talked to his right-hand guy who was a uh National College All-American tennis guy, and he became a coach and he worked with Nick until Nick sold the business to the big management company 15-20 years ago. But now he's the right-hand guy that not kind of Aid um to Nick um. And Nick's in his middle late 80s now, this guy's about 50ish. And I talked to him because trying to set up something so I can do something with Nick. And this is out of his conference zone. Nick's this place all the big hitters, I've not all but almost all the big hitters I've tried to do something with over the years, this kills it. Well, let's meet at the richz crow in New York, why let's me, you know, let's meet here. But he says he's exactly, in fact, he's worse when he doesn't think.

somebody's taping because he's not trying to BU. He build his legacy like, you know, like a lot of the guys I've already talked about that are trying to build their legacy. I want my legacy to be an I'm an [__] the greatest of all time creating wealth [__] because they'll forget the [__] part and they'll only remember the greatest of all time creating wealth. You're worried about the [__] part more than you are creating the wealth, and it's not even the worst thing you do. You're not. Do you don't do anything that's even shades of what I do, but the worst thing you've ever done in your life, a couple of you rob people and [__] like that and stabbed that aside. The worst thing you ever did in your life, the worst thing you ever said to your mother, the worst thing you ever said to your wife, pales in complexion. Remember, I've got three

regrets one I'm a combat-trained military officer who never saw combat. A lot of my classmates are dead. Two, the night before my W, my mother died here on the grounds. I'm yelling at her, Godamn it, you W be such a [ __ ] [ __ ], you're not going to die. Next morning, she's dead. I'd like to have that one back, but that's the way it is. And the third is, I didn't set my goals. H, not that I missed most of my kids' birthdays, not that we celebrated Christmas in January more than we did in December, none of those things, not that I mov the kids around like a [ __ ] $20 hooker from school to school to school. I don't regret any of that [ __ ]. I've given 17 eulogies in the last 20 years to guys and gals that are d. They normally, they call, I'm a great, I'm a world-class

eulogy giver. And normally, I like to be called in before they're dead so I can go visit them in the hospital or whatever and say, you know, what's the scam? What do you really want me to say? And every one of the 17 has said what they, the regrets, and all the regrets are none of them that they didn't spend time with their family. I wish I could have, I should have, I should have taken this risk, I should have done this. Every single one of the 17, every single one, because when you check out, I'm told, not because I've ever felt it myself, but I'm told by people, and some of these people I, you know, had a lot of respect. I went to a funeral a few years ago, a two-day funeral. I didn't know he had two, one of those guys I told you about who's been a good friend of mine since I'm about 10 years old, his wife passed away, and they, she wanted to, she fancied herself a

CA person so she wanted to be buried at Sea uh and so we buried her at Sea. And when you pour the ashes in the water, the boat's supposed to go around in a circle to form like a funnel into the everybody's throwing up Sally and I and Dan Jr are the only three about that aren't going up on the boat. So then we come back and there's a ceremony and everybody's saying words about her. And so um Walt says, Dan, would you say some words about Melinda rather? And so Sally says, Oh yeah, yeah CU she I was her Nemesis Melinda. And so I got up and talked for about 18-20 minutes. And I said, The woman that all you have described is not the [ __ ] I knew. I mean, I mean I don't know who the [ __ ] we've been talking about here but this [ __ ] I mean it's a different, a different we. This must be a virtual [ __ ] reality.

here split something this is not the [ __ ] that I knew, and then I went out, and then everybody's going, even her kids, her grandkids, 'cause all they do is talk shite at funeral, the same shite all the goo have been talking to you, they want it to sound good, and I went on, and uh, to say that, uh, so then I'm done, so I'm, we're walking out, and you know, uh, the um, and three little old ladies stopped me, and they pulled my jacket like this, and I turn around, and they're about this tall, they're probably my age, but they look like little frumpy grandmothers, and they said, uh, sir, excuse me, uh, Mr. pen, can we call you Dan? I said, you can call me anything you want oldtime, I mean, I don't give a [ __ ], and she says, uh, could we have your detail, name, and address, phone number, so I stood, I was sadly standing right there, I stood back, and I said, I haven't done a threesome in a while, but

but I said that uh I think you're a little old for me and oh all giggle giggle no no. We want you to say our eulogy at our funeral. I don't know these three old hags from a ho in the ground um. They did contact us about 6 months later cuz one of them started to get sick but she pulled out of it and didn't die so but I said yeah I wrongfully said yes. I bowed the pressure of the three little old ladies and I said yeah I'll do your eulogy just make you know I I need some time to get to wherever you're going to die and um but nobody worries about the [ __ ] you worry about what else about Nick disruptor yes sir when uh someone he thought wasn't performing anymore you threw them away just like I do. You don't want me at you you're too big of vaginas in this room you wouldn't you wouldn't last a month with me not.

even a minute not a week, maybe not even a single day. 'Cause when I tell you to do something, I mean to do it now. Not when your wife lets you out of the house, not when your kid's got a sock, I mean now. I don't give a damn if you're sick, unless you're in a coma or dead. There is no forgiveness for being late. If your mother dies in your arms, I don't give a damn. Unless you die or you're in a coma, there are no extensions. Never, ever, ever. One of my favorite terms. If we were at war, we'd all be freaking dead because of you. You idiot. And that's the way Steve managed, that's the way Bill managed, that's the way Warren manages. There are no extensions. So be careful what you wish for.

Don’t Waste Time ON Things You Can’t Change - DAN PENA

The pain of discipline is always less than the pain of regret.

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