But I’m a cabinet designer
and I have the opportunity to basically go work for a
very high-end firm and try to continue to do my own stuff. And become a rep, all of these
opportunities are coming all at once and I’m trying to figure
out the best way to balance them all without basically–
– Burning out. – [Candice] suffocating myself.
Yes, exactly, burning out. – So let’s work backwards. And this is what
everybody needs to do. It’s so easy to make decisions
when you have clarity on what you want to happen. And what you
want to happen is always short-term
and long-term. So, talk to me about what would you like
to happen in the macro from a financial,
work-life balance and the kind of things that
you want. It’s just choices. Right Candice,
life is very simple. Because I chose that I want to
own the New York Jets my work-life balance is not as good
as it would be if I was okay with where I am now, right? I don’t know if you saw
the news of the PureWow deal. I wouldn’t be buying this big
media company because I’m rich enough already if I wanted
to be just rich. Right? No, I want to buy a football
team thus I have to be on the offense at 41 years old
like I have nothing and I’m 20. Got it?
So, the biggest thing– – [Candice] No,
I totally understand. – Help me understand the
financial situation of all this. Do you want to
make lots of money? Like your financial situation. Do you have to make the money? Where are you in
your life with family? How much vacation
time do you want to do? And what you want to end up? Work backwards.
Give me some data. – [Candice] So, right now
we’re basically an empty nester. Both of our
children are in college. – That’s huge. Gives you a lot of flexibility.
– [Candice] Very huge. – Yep. – [Candice] Yes, ideally like
my big picture scheme is I would like to get into house flipping and doing airBnBs
and stuff like that. Because again, being a cabinet
designer I look at all these people that flip houses around
here and go I know I could do that so much better.
– I love that. And I think it’s going to be
a great market until the real estate market, you just gotta
not get caught when you’ve got momentum going in two or
three years of having too much inventory that you’re sitting on
and then the market gets soft. So long as there’s not a
collapse of the housing or Wall Street market, you’re going
to cruise and as long as your conservative and don’t get
too big for your britches that you’re doing and
buying and flipping. Don’t overextend yourself even
in a crash as long as you’re playing with house
money, you’ll be fine. – [Candice] Right. That’s part of my problem in
looking at the big picture is is right now we’re a
little bit in debt. Again, if I bust my tail
for the next year I could get us completely out of debt and– – So, let’s, let’s,
let’s, let’s start right there. Immediately do that. I can tell by your
energy and your vibe, work your face off
for the next year and get yourself out of debt. Take all the jobs.
Do all the things. Punt everything
leisure right now, do that. That’s just a good idea.
– [Candice] Right. – I mean it.
– [Candice] And then– – I mean it.
– [Candice] Oh, I believe it. – And by the way,
one year is nothing. DRock and I were just sitting
in a hotel in Vegas saying, “Hey, this DailyVee
thing is going to be big.” It was five seconds ago. That was one year ago.
One year goes real fast. Debt compounds. There’s no reason to have it
if you’re that close and your energy feels so good that
you want to do work anyway, it’s like eat that crow
for one year, period, no doubt. 100%. And be smart. Speed up the process to
nine months by not buying eight dollar lettuce
instead of six dollar lettuce. Like flip some
shit in your garage. All that stuff. Just make that your
core number one thing, definitely do that.
That’s number one. – [Candice] Yeah, no,
I was waiting for you to drop the eBay thing.
– Yep. – [Candice] ‘Cause I was
telling my husband ’cause he’s really good. He likes old school
cars and stuff like that. He knows that stuff like back
of his hand and I’m like okay, you need to figure that out. – Yes. Yes, yes, yes. – [Candice] Thrift
stores and stuff like that. – Yes, okay.
Do that. – [Candice] Yeah, so that’s my
big picture thing is trying to figure how to get there and also
because once we get out of debt, I’m trying to figure
out how to balance that. Do I go take out loans?
– No. Let me tell you what I would do. Let me tell you what I’d do. The housing market’s been good
for long enough here’s my advice as if you were my sister. Crush your debt, go crazy. Your husband if he’s deeply
knowledgeable about automobiles will be blown away and you live
in Atlanta which means year wide garage sales and things of that
nature because the warm weather. He’s by accident gonna make 20, 30, $40,000. It’s gonna happen,
I’m telling you right now. Now that’s based on if he works like I do
which is all-in, right? If we works less then he’ll
make $5,000 instead of $30,000. Clear your debt,
year one, year two, 2018, work your face
off and save money. Right? Save and then
whatever you save, let’s say you got $48,000, great that means that’s
your down payment and then get mortgage on your
rest for your first flip. Got it?
– [Candice] Right. – 24 months of
eating shit to be able to eat caviar for
the rest of your life. – [Candice] Yeah ’cause that’s
my big picture is I want to be able to when “retire” and
I say that very loosely because I don’t want to work
for a paycheck anymore. I just want to work
because I enjoy working. – The best way to do
that is to go extreme. Everybody’s going to try to drag
that out over eight years and take a vacation here, make $5,000 on eBay
instead of $20,000. Work one of the jobs,
not two of the jobs. The best way to do it is,
you’re never promised tomorrow. Even though I
talk about patience, I’m aware that you’re
not promised tomorrow. When you can do
something, do it. So crush the next
24 months, clean debt, get 10, 15, 20, 50, $80,000 in savings whatever it ends
up being, that is your deposit. Get the mortgage for whatever
else you can and do the flip and if that doesn’t get you the
house for your first flip then eat another pile of shit in 2019
and now you’ve got $90,000 for the deposit and
then you put that down. Got it?
– [Candice] Oh yeah. – That’s it.
It’s clouds and dirt. It’s going all-in for the
next 24 months and not being glamorous so that you can be glamorous for the
rest of the way. The problem is everybody hedges
and then they’re half-pregnant the whole 50 years. – [Candice] No, and
that’s what I don’t want to be. I’m like you, I’m about
the same age and I’m like okay, it’s full speed ahead now
because I don’t wake up in 20 years or 10 years and go
ugh, we’re still here. Really? – Attack, attack all three jobs. Don’t watch a single
thing don’t go anywhere, work for the next 24
months, you will win. – [Candice] Gotcha. – All right, love you.
See ya. – [Candice] Alright,
thank you, sir. – Bye-bye.
– [Candice] Bye. – That was really good.
(group laughter)

daniela asks I’m an immigrant with an
entrepreneurial dream all my parents care about his college which I hate any advice that stuff um did you get pressure to be a good
student no I came from one of those famous words is expected that but I’m
right there was not even writing every so I I came from we’re going to work
even a conversation on it just wasn’t a conversation I I came from one of those
weird families where high expectations were always there but my parents were
not very good at being parents and so it was basically ignored so i kinda raised
myself but unconsciously yes ceilings no only child child yeah and I think
unconsciously I understood at a very young age that the adults were never
going to help me no one was coming to help me and so I
had to learn like the system as its presented to you is bullshit and the only gift they gave me about
being terrible parents is that I was never fold by the lies that the system
tells you like school right I learn about half the system you feel
like early on you made a decision that you weren’t
getting value from your parents and thus every grown up during your youth you looked in a cynical point of view
not just the grown-ups but the actual systems of the grown-ups all operating
represented whether it’s work or whether it’s corporations or school it’s not that everything is invalid it’s
just that the the face that they present is never the reality it’s so interesting I on the other hand had amazing parents right but came to that
same realization at a very young age that I mean those are interesting
different paths to get to that place so it’s really dictated my life where I was
like oh my god I’m not this and like I’ve got another cheese I was in fourth
grade for sure I’m i crack another nine years of eating
this ship what you got out early i’m like how do i how do I break this system
how I have to make it work for me yeah you decided to win within it I decided
to literally go on vacation because i realized i subconsciously I was never
going to be on vacation again you know it’s funny is i think if we’re
talking about unconscious uh I think I I realized I had no other support you a
great parent yard I have this other world like you going – I knew my healing
i need this right i just like with this system so that I have because I don’t
have anyone like the persisting daniela i’m going to give you very difficult
device I really think you need to have the most
honest and truthful conversation we’ve ever had with your parents and then
react to their reaction i think if you really i don’t know if you’ve ever gone
there all the way we’re like this is really ruining me like like not like hey
mom and dad I don’t like school it’s like I’m suffocating and truly believe
my life will not be as good as it could be if i go down this path watching your parents reaction to those
words for made them would be will give you a really good indication because
then you get to understand are your parents wired to really value you and
what you have what where you are and what’s in your
best interest from your point of view or do they really care about their point of
view and what their child’s success means to them I become very fascinated you might have
better in saying this i grew up in a way where I didn’t know like the fancy world
and select bumper stickers of colleges on cars like like parents telling kids
to take on college debt and better schools wait a minute that’s in their
interest cuz they get the color friends at university chicago is real fancy
maybe some punk tamesha and Xander went fairly I’m like holy crap that’s interesting well so i think it’s
fantastic advice let me just add one sort of your way to frame this so when
you go talk to your parents I think the way to frame it is not
here’s my argument because you’re never going to convince someone with a
compelling argument or very rarely what you want to do is start by asking them
questions do you care about me how much do you care what do you really
care about what matters the most to you man what they’re going to say is we care
about you being happy we care about you finding yourself about you what are
right now get them to commit to that and then say
all right if you really do care about me and you really do it does matter to you
that I’m this happy I’m going to tell you I don’t want to go
to school because it makes me very college makes me very happy and trying
these other things for a year to is going to be much happier it will you support me as i do something
at least four and you can even find its temporary give me a year to support me and if it
doesn’t work I’m happy to go back to call and support me mentally right like
the financial records that slowly but i’m not i know that emotional i know
that i want to i want to bring that up for people and i would say the other
thing like look like there’s casualties of war and your parents are not going to
be around for your casualties of what they think is in your better interest in
verses you i mean the gift that I was given that i really wish I could you
know stick into every goddamn person is the audacity and competence at a very
young age to just say this is the deal like like that independence is
incredible and like and that’s hard for a lot of people but like if you’re
asking me on this show it to me actions speak louder than words if you
publicly treated this and asked me and wanted me to answer you’re just looking for somebody to push
you over the finish line many of you are watching this and think it but would
never to be publicly and fear that your parents would see it you’re clearly this close and you need
somebody to not do i will indulge you I mean I really do think there are real
moments in time to say go fuck yourself mom and dad it’s real and it’s really nothing bad
cool and growing out from this is it like this is a crossroads and a lot of
people get forced to do it there are kids with massive debt because
they want to appease their parents and they lose they lose because they kick
their twenties and don’t take the risk reward things they should be doing to
just pay down the debt and then wake up 34 and they just finally aren’t men from
something that they decided at 17 because their parents question of a
hundred percent yeah in their pit now that I’ve got older and spending time
appearance in the appearance vested interest of vanity that’s the worst that let’s do one more
well because i’m going to go to the speaker parents I gotta go run to
misha’s school and hey sorry I missed

“should never take a loan
to study entrepreneurship. “what should they do instead?” – I believe that if you go to college and collect debt to be an
entrepreneur, not a doctor, not a lawyer, not a
consultant at Baynor McKinsey where you have to go to
an Ivy League school, graduate and leverage that. But a true entrepreneur,
like father and brother, go out there and hustle, be a merchant. You know, that to me
is a crazy proposition to collect debt for in a 2016 world. So what I think they should
do instead is go work. Literally just go work,
I mean think about it, instead of going $80,000 in
debt, you can go work for $1 and be way up in the pot,
you can work for free and be on the way positive. And speaking of that, that
speaks to my next strategy. Go work for somebody,
a woman that you admire the way she did it and
take a lot less money working in her organization
than somebody else because you’re trying to
sap the IP out of her, out of that leadership. So not only go work, go work for the lowest
possible way you can survive. Go live with four roommates
in a studio apartment and eat fast food if you have too. You can go lose that weight
later, like the I did. The bottom line is you need to go work in an environment that inspires you and really you want it to be a place that you want to be like. To go work for somebody
that you want to be like is a tremendous value
proposition for an entrepreneur. When I think about what Andy and DRock have been affected by through osmosis, they’re probably scared to think about some of the tendencies they now have that are my tendencies
because I’ve affected it. It’s crazy how it works, it’s crazy, you should see the ego all 600 people at VaynerMedia walk around
with, it’s disgusting. But the bottom line is
it’s affected from the top so go work for somebody you
admire and want to replicate and regardless of the cost,
if you’re a true entrepreneur. – [Voiceover] Elite Sports Tipster asks,