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It takes a long time to get from humble beginnings to where you are now. What

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would you say would be the number one attribute that's driven you to that position? The

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key ingredient, I think, was actually... There's so many people, the first challenge

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The most important thing, you've got to be adaptive, resourceful, innovative and

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There's lots of talk at the moment about AI. Could you see a future where you

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perhaps have AI standing at the door of an open house, taking

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Not yet. There's a lot of key things they've got to get right that

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I'm Matthew Fraser and this is Amazon Ecom

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Secrets. I'll be sharing with you the secrets that helped me go from

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millions in debt to an eight-figure entrepreneur. If

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you're ready to escape the nine-to-five and live life on your terms,

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let me show you the way. Hey, guys. Welcome to Amazon Ecom

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Secrets. My name is Matthew Fraser, and today we've got the

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number one real estate agent and agency

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in Australia, Tate Brownlees. Join us in the house, and

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he's going to be sharing his insights into the real estate business and

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Thank you. Thank you. Glad to be here and really excited to really delve

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deep on a lot of hot topics today. I think we're going to cover off AI,

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what you're doing with Amazon, the metrics of business, marketing.

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You can say whatever you want, mate. You

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can say absolutely whatever you want. I guess, look, at the end of the day, definitely

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come from humble beginnings, started in a caravan park, did

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my license. It was night school back in the day for 12 months and

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just went really, really hard, worked, had an insatiable work

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ethic. I think that made a big difference at the beginning and met my

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beautiful wife. Not long after we set up, it

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wasn't Tate Brownlee Real Estate, it was actually called The Estate Specialists. Yeah,

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I had a business owner. I must have missed that one. You did, you did. Yeah, I had a business owner

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as well, Loretta Trevan. Hi, Loretta. I'm sure you'll get a

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chance to listen to this and reminisce a little bit too, but that's

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where we started. Unfortunately, she had some things personal

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that were going on in her life and unfortunately couldn't continue the journey. You

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know, I met Kristen not long after and had

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to pull her out of hairdressing. And it was interesting, first day

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on the job, she's trying to work out the difference between cutting in hairdressing

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and cut and paste in, you know, computer terms. Was that her

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background? I had no idea. Yeah. Yeah, it was her background. And

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she was an absolute whiz straight off the bat, which was really lucky. And, you

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know, she got the, you know, the old throw at the deep end and took

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So you're a big player in this region and I've known you for over

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a decade now. And for those who

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are listening now, I've actually bought a property that

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you sold and I've also sold a property through you. So

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we've had both sides. We have both sides of the coin. But

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a lot of people see you've got your face on billboards and bus shelters and

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letterboxes obviously, but you just touched on before you came from a caravan.

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Yeah, it was down in a place called Drifter's Holiday Village. It's now called

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Ingenia. So, you know, just down in Chindra there. Coincidentally, in

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2005, it flooded as well, which is pretty wild. So, yeah,

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it was a very interesting start to living on the Tweed Coast. And

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during that period, working in real estate and just obviously learning the craft,

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but went from that to, unfortunately, my

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stepmother had cancer at the time, so they were doing the Grey Nomad thing,

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thought I'd get into real estate. That was the time, I

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think, where I went, you know what, I really want to delve deep into sales. It

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was either real estate or car sales. And standing on a pavement with

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hot weather didn't really interest me. So real estate got its shot.

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So when you say you come from humble beginnings, it's because you

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Yeah. Look, I think I had a really good upbringing in my family.

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I definitely got the opportunity at school and things like that. But

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I think just it was old school. My parents were

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a bit older. They gave me really good support and encouragement,

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but left home at 17 and then went out to rule the

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world, as most young males do, or young

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People see you now as this super successful guy.

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like two offices now in the Tweed region. And

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obviously all through letterboxes, as I said before, you're on

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billboards everywhere, but there's obviously a side of you

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before that. It's not an overnight success, right?

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It takes a long time to get from, like you said, humble beginnings to

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where you are now. And so what would you say would be the

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Well, I always joke about it, Matt, that it was an overnight success that

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took 21 years. So yeah, look, probably the

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key ingredient, I think, was actually going through that journey. I

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feel it built a lot of character. It definitely increased

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my drive. I think going through the battle with my stepmother, I

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was really close with her. I had a lot to be thankful for. I was a bit of a wild kid. So

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she was really good at guiding me to qualify to get into university and

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things like that, whereas I nearly dropped out in year 11. So that was a lot too. Did you

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Isn't that interesting? Because a lot of people who are

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success stories don't go to university. I did

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one day at Bond University and then I was like, I'm out. That

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No, it wasn't expensive at all. I think I bought a jumper though.

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I bought the pullover jumper that had Bond Uni on it. I was like, I'm fully, I'm all in.

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I think that made a big difference to me going through that

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battle. I always joke about it, but it's true. You

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go through something really traumatic in your life and towards the end I

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moved back home and lived at home since I was a kid. So to

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come back home and live with my father and my stepmother when

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she was basically wheelchair bound and help her go to the toilet

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and things like that when I wasn't at work and to really understand a

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different part of life and that life can be pretty cruel and

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it can be unforgiving and also to give value

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on how much time you have and that it can be taken from you. I

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think, I always joke about it, you know, you go in a boy, come out a

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man. I think that was definitely a big change for me. And then, look,

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love my dad to pieces, but he really struggled emotionally

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and mentally as well during that period. There's a There's a lot of talk about

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men's health, especially in the 60s and 70s, and

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especially if they lose a loved one. And I think that was a big factor

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there too for me. And it built a massive amount of drive. We

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were sitting not too dissimilar here, except throw a circular table in the

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mix. And I remember we had $4.50 for the week to

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live on, just after Vivian had passed, my stepmother.

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That was pretty hard, you know, and I think I was really mentally

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and physically and emotionally challenged to that period. And, you know,

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I never gave up. Like, I think that was the big thing. I

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just kept turning up and I certainly was struggling, certainly

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fighting my own demons at that point. But to come out the other side, really

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swinging hard. I remember in February I had nothing and end

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of financial, I think it was just tipping over into

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July and settlement. So suddenly, you know, rags to riches, right?

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There was suddenly about 20, 30 grand after tax just in one month that

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suddenly hit the account and, you know, I hadn't made any money for

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months. I was a commission only agent. So that really turned things around and was

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Wow. I had no idea of that story. That's amazing. Because those

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challenges come up as well, just in any business. Like, you know, when I'm, uh, mentoring

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clients right now through Amazon journey, they're all going

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through these obviously struggles. And you,

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you talked before about every day you just kept showing up and

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that's, that's basically what you've got to do on Amazon. You know, you might have a product that doesn't

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work out, but you just keep pushing through. Yeah. So

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has it been, I guess, with Kristen, your, your wife now,

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Yeah, she's been a big rock. And I guess, you know, like you may have

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noticed, even going back to that story, it's still very hard talking

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about those things, because it is raw. It's really, you

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know, the cold face of, you know, what we went through over that period.

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And I met Kristen not long after, and I'd love to say that was

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just a sail off into the sunset. But, you know, our business partner

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that I had, and she's a lovely woman, but had her own challenges, you

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know, to walk out at the beginning of the GFC and then Meeting

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Kristen, I don't do things by halves, so Kristen not long

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after was pregnant as well, so that put its own complexities. We

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just started to get on track. Lucan was born. Unfortunately,

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he had really major health issues too. We

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actually nearly lost him in 18 months. He stopped breathing. We

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found out later that all the drugs we gave him because of

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his... Just a lot of challenges with... It sounds so

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simple, right? Like tonsils, anoids, grommets, all

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those things that had to happen with him. And, you know, unfortunately

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he really struggled. So we gave him some pretty heavy drugs and we

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know now that that triggered his kidney disease later in life too. So

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we had a lot of challenges with Lucan in particular, very,

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very early in business. And I remember refinancing things

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and just tightening things up right at that point. It certainly

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slowed me down a few notches. But, you know, you

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pull through. And it was interesting, you know, we had a receptionist slash property

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manager. And I sort of said to her at the time, look, you know, she

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said, look, Tate, it's not for me. I just want to quit. And it was a

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time when Lucan actually was really sick in hospital. I said, look, can

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you just hold in for a few days? And she walked out and I was like, far

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out. Like, talk about getting a few kicks in the teeth, right? It

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was a pretty hard time. So to come around through that, And

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then I remember, you know, it was interesting, you know,

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keep backing yourself, I think was, you know, consistent, like, we

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got into property management that come with so many challenges, but we backed ourselves,

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grew a property management business, we just kept backing ourselves in the sales division.

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And I don't recommend this, but we used maybe some money that might have

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been allocated for tax to grow our business. Temporary. Right.

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And, you know, especially back in those days, a

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taxman would give you a little bit of leniency and payment plans and things like that.

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We've all been through those. And resources you can. I don't

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recommend it. You definitely don't do anything like

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that with severe caution. But we pulled through the other side and

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I remember again my next part of that journey was I

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love my auctions. I had several hundred auctions under my belt as an

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agent. I actually called a

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couple of auctions just because I couldn't get an auctioneer in 2012 and we ran

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a big event. I think it was start

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of 2013, if memory serves me right, it was right at the point

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where it was at its worst. Things were falling

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off the wheels. Buy a house in Benora Point for $275,000. You think

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you've got 10 of those? Yeah, things would die. Average time on

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market at that stage was about 180 days if you were lucky

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sort of thing. I mean, if you were lucky. I

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talked to the team because I'm big on as much as I'm

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running and leading the ship to get advice from the team.

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I had to make decisions with the other agents as well

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and I said, guys, I want to call the auctions. you

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know, zero out of ten in January for sales was

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not exciting me by any stretch and I thought, hey, at those numbers,

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it's only up. And I call it the golden gavel days. I

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actually went and I changed the whole mix for a while. I wasn't

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confident enough to call them in rooms because it's a lot of pressure, it's

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back to back and there's a lot of skill behind that and I was like, I

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felt on site, I could absolutely crush it and I just felt as

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well from a community-based perspective, it would build the brand. So,

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I went back to on-site for a while and it was actually

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the purple patch. We did 13 back-to-back, 30 days

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on the market. It was just incredible. I've never broken it,

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coincidentally. I've tried hard. You could argue in

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January this year, we sold 14 out of 16 under

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the gavel. You could argue we broke it then, but we did miss two. So,

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I still feel that that was probably the best time in my career and it was one of

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the toughest times. It built a brand where we

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were somewhere in the mix. I don't know where we really sat in the market to definitely

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standing as the number one agency. I was really proud of that. I

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felt that we had a lot of adversity and a lot of challenges. It

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was also at a time where I was a franchise and they

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decided to put another one on the corner. In hindsight, I

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think it was the best thing for me. You know, I had to look at

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other options and other avenues and, you

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know, what makes the business great. And it was when I started to call

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Yeah. Before you go to the Tate Brownlee business now,

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the new brand. There's obviously some key things

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along that storyline. And I think it's so similar to

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the Amazon business, which is what I talk about is

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building your knowledge, which then builds power. Knowledge

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equals power. And so as you've gone through those transitions

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from, and even those, those really challenging times, but

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you've just gained this knowledge, which then gives you the confidence to then

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take the next step. So everything that you've that sort of built

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up before even going into, okay, we're going to now do a

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whole kit and caboodle of Tate Brownlee real estate, which

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would have been huge at the time, you know, going outside of

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Well, I think, to be honest, I did everything wrong. I look back

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now and go, I think it's all a journey, but the

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And even, I think a lot about- When you say franchise, what do you

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Yeah, so I was under an umbrella. of

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a different franchise, like a franchise company. And

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basically, they were great in the foundations. They

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taught me how to plan for GST. Such a simple lesson, but so

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important in business because as we both know, if you haven't got the money for your

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GST and your PAYG, you're in all sorts. So,

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tax planning was really paramount in the GFC. But I remember there

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was a guy called Anthony Meeker and if you're watching, mate, you're an absolute legend. People

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like that, they're influential in your lives. They really changed your mindset

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about how to plan and run your business. There was the

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amazing Michelle Delaney. She was head

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of property management for the whole company and she was incredible. Without

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question, the best property management consultant that

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I've ever met. And that's saying a lot. Look, there's a lot of

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other really influential people we met along the journey, but she was the

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standout. And even today, we'd still pick up the phone and have a

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chat with her. And she was Kristen's mentor. She was the one that made

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her great. And so you meet

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all these people along the way. For the auctioneering, the

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legendary Phil Parker, aka The Captain. He

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was terrific. And like you said, sourcing people out.

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I'm big on that. I said to Phil, what would it cost to just

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get you one-on-one and just teach me everything? And I remember he

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came to the office one day and I probably didn't look as

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sharp. And he said, mate, If you want to run a multi-million dollar business,

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he said, you need to look sharp. Like, a little lessons, right? But

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they are everything. And it really made me reflect when

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I changed the brand, like that really resonated with me. Like, what's

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going to be the difference? What's going to be my one percenters from good to great?

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And unfortunately, like when they opened up, you know, and it's typical franchise structure,

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right? They'll open up an office in every corner. I had to make a

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decision at that time. You know, it was hard, it

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wasn't good. They were definitely going to, you know, like it's just reality, right?

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There's going to be some market share lost. You can't change that. And so,

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how was I going to react? And I was very emotional, very

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upset about it. It was very hard to take. I

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felt like my own brand had turned on me.

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I mean, it is what it is, right? Whether that was mixed feelings, whether

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it was a bit of immaturity on my behalf, I don't know. You were stabbed in the back? Yeah,

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and like was it warranted? Look, probably not. I mean, they're commercially

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making their money. I'm commercially making mine. You know,

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I look at it very differently now. But, you know, Steve Jobs, right? I

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love listening to podcasts, anything on YouTube, Blinkist,

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for people that don't know Blinkist, 15-minute short stories, like

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all that stuff really is awesome. And Steve Jobs is one of the best, you

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know? The best lessons in life come poorly wrapped. And

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I think You have two choices, you know, like you said, love

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those words, stabbed in the back. You can feel, I guess, a

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little bit selfish and poor me and victimized. And

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I think in COVID, everyone got a bit of a taste of that. You know,

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we can go the victim mentality or we can go, well, what's the learnings from

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this? Like what can make me better on a higher level? And I was like, right.

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The franchise thing, I went to another franchise, still

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pretty raw and vulnerable at that point. made another big

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mistake in hindsight when the business partnership that didn't work

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out to try and expand and grow the business. And

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that was not good either. And I guess, you know,

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like, I sound like I'm riddled with mistakes, but I guess it's part of

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the journey, right? And I remember the wife coming to me and

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she said, we really made a big mistake with the

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second business and growing. and going down this

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path. And I said to her, like, this is all on

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me. I take complete responsibility. And I think

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when you look at business, you've got a choice, right? You can blame, you

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can look at your partner and go, oh, you know, you were involved in this or

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whatever, or you can take complete responsibility. I think that was the big difference. And

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I made a decision at that point. I said, I'm going to make so

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much money in business that this is just going to be a bleep. It's

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not going to be an issue. And without going into

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the ins and outs of it, there was hundreds of thousands of dollars that

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went down the gurgler going through that journey. And it was a lot

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of strain, it was a lot of pressure, it was a lot of stress. I

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look back now, I feel for the other guy too. At

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the end of the day, it didn't work out. Again, I can say that

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he wasn't a nice person or blame, make up some story. But

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at the end of the day, I think I look at the lessons I got from that and

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that's what made us great. And I remember my

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solicitor at the time, she'd come to me, I was a franchise still, a

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different one. And she said, Tate, this is the time to

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And I'm thinking- So someone else said that to you, you weren't thinking that yourself.

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Correct. Look, we've been building behind this Tape Groundly team brand since

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2015, right? And subconsciously, I probably didn't even realize initially what I was doing. And

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then I had a great friend of mine, friends

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actually I should say, because Mark and Lisa were definitely equally involved, Mark and

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Lisa Novak that run Novak Properties. Beautiful people, run

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a very, very successful company in DY and just

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phenomenal down earth people but just crush it, right? Just the next level,

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part of the 0.1% in the industry, right? And they

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said to me like about independence and going your own brand. So the seed

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had been planted, there'd been a lot of background work building this

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plan but you never feel ready. What

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I learned when I visited them too was like to build it

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well before you want to start. So they've been probably

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a good 18 months of building this strategy. But

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it's always like then there's the, oh my God, like the reality of

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this. And, you know, there's all this money going down the gurgler with the

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business partnership that went south. You know, pressure with

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that. My mum's my real mum,

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so just not to get confused because obviously he was lucky in life to have two

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mums. She's got dementia. She's not well at

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this point. We've got a few things going on, right? And I made

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the decision to rip the bandage off and go tape around the

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real estate. And, you know, I also said to my

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wife, like, we're going to drop a couple hundred thousand. We're going to drop a

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quarter of a million on this. We're going to go all in. And, you know,

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talk about backing yourself. And at that point, at that time, and

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But just like someone who's perhaps been selling on Amazon for

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a while, they're building all this knowledge, they've been through the ups and downs of

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Amazon, because Amazon throw curveballs at you as well. And

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then you might come to a point where you want to buy an established

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Amazon business. And you might have to chuck in a couple

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of hundred thousand dollars to do that. But the only way you can do that is

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because you've already got the experience of already selling on Amazon. Just

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like what you've done, you've already had the experience of operating under

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a different franchise within real estate. And now it was an easy

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Do you know what you've touched on there, Matt? For people listening in

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regards to Amazon, and I know absolutely nothing about that business. If

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I had 0.1% knowledge, I think I'd be doing well. So,

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you know, other than obviously whatever I see. You've got the right attributes though. You've got the

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right attributes up here. Thank you. And I think if I look at that

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business, and I would imagine it's no different to any business, If

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you've got the money, and I think this is the problem with a lot of new business, right? If

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they're like me, I always joke about it but it's so true. I

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started the business on the smell of an oily rag. When the business partner walked

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out, I refinanced my property through the last 40K

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into the business and then it was sort of like sink or swim. Then you're

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sitting there in the GFC going, Jesus, is it even worth what I've just pulled

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out? I might end up selling it for less than what I… Luckily, that didn't quite

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happen. We just got out in front, but it could have, right? I

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think the biggest lesson is that backing yourself,

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but also too, what you said is so, so key. I think there's

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been a lot of wealth created in the last three

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or four years, especially in property. If people have got property, they've got

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equity, they've got resources that they didn't have before. I

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feel that if there was an Amazon business where you

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can get the leg up or Like, say, hypothetically, a

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Well, it's like what you're doing now where you're acquiring rent rolls. Correct. You're

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buying. So those who don't know what that is, you might want to say it's basically an

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Correct. And I often think, you know, what's more valuable? And I thought

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when I started this, it was the property management, right? Oh, you get the property management.

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Now I'm starting to think, is it the team? Is it the people? If you

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get the right people, And this is interesting, right?

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Things that aren't talked about in business, right? Currency. What's

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currency now? In a labor crisis that

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isn't openly discussed, right? Are you going to say brand? No.

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Surprisingly, I think the biggest currency right now is actually people. I

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think the value, and what I mean by currency is that the value and

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the worth, and not necessarily just monetary right, but

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value of your business is people. I mean, you've got

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a pretty, with respect to autonomous business that can high

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scale minimum labor content. There's a totally different structure,

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but for businesses like mine and for the average business you know, stereotypical Australian

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business out there. You know, you've got to have a team. You've

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got to have people. And I think in a business now,

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like it's interesting, right? I was reflecting on this the other day. What

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can I do to build culture in my team? And I think culture is

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a word that's thrown away way too comfortably. What

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about going, okay, we're going to have a Christmas party, but

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I'm going to book my Christmas party in June. We've

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just booked this awesome boat. We're going to sail out. It's really

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awesome. All the things that I used to dream about when I was living in the

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caravan park that I was going to do with my team. And I'm like, I'm going to

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do that. I'm going to book that now. I'm going to send it out to my whole team. And

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we're doing it in late October this year because it's going to be a short

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end to the year. But put it out to the team. Get them excited about

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it so they've got something to look forward to. What can you

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do to make your team excited about the journey that they're coming?

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So there's like, hey, there's these mini little destinations along the way. They're

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exciting. They're fun. We're talking

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at the moment about maybe just even doing a lawn bowls on a Sunday, build

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culture with the team. We have a dinner, we just

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had a dinner actually. We had a big real estate hour at conference which is

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the Australian Real Estate Conference. What things are

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key to make your team feel great? Like your team,

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you know they talk about customers. Your customers start with your team and

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Yeah. But that whole story now scares me. because

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now having an Amazon-based business. Someone

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said the other day on one of the comments, they said, oh, Amazon, I

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think you've missed the boat on Amazon if you're going to join now. I

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said, dummy, dummy, it's not an

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Amazon business. Yeah, it's an Amazon based business. Amazon is

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purely a distribution model. That's all it is to help you

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get more product out. Now, you can either tap into it and use it or

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not. And considering it's like one of the number one distribution

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models in the world, do you want to be in it or not? So if

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It's interesting you talk about that. Whilst we've had no dealings with Amazon, we

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create a lot of opportunities and

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we find a lot of opportunities in the market in terms of branding. Touching

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on branding in regards to what you're discussing, we order everything

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from our pens online. I've got a local distributor. I try and

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keep it Australia-based where I can. I love to see Australian money in

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Australia. Everything where we can, we buy them locally. Our

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gift bags are bought locally. Look, I'm not saying they don't get

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manufactured in China. I think it would be, you know, poor Dick Smith. I

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Right? And that's the problem. And I mean, poor Dick Smith. I mean, he tried, right?

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I love Dick Smith. I worked for Dick Smith Electronics when I was a kid. It was actually my first

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sales job and what he stood for. But unfortunately, you

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know, manufacturing in Australia has been lost. Hopefully, it comes back, but

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we'll see. But I think realistically, what you're saying is

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so true. I think about it

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when I started real estate. Oh, realestate.com's come.

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Real estate's over. They won't be the real estate agent. The real estate agent,

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the main reason you pay the agent is to bridge the gap. You pay

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them to negotiate between the buyer and seller to get a premium price

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for your property. That will never change. When there's human

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beings behind it, and we'll definitely segue into AI very

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shortly, but that part is so relevant now as it is at

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any time. Whether it's AI, whether it's Amazon,

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whether it's real estate, whatever it is, there'll be tools that

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come out that get excited. AI in itself is a business.

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There's opportunity with that. Amazon is a business. There's opportunity with

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that. But there's also these products

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and services like AI, Amazon, all these things that

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come out. It's like, who's going to be the forward-thinking person

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to create an exciting model? You only need to look at Elon Musk

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for this. Who's going to be that forward-thinking person? Actually,

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interestingly enough, if you look at Elon Musk's disk

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profile, he's actually called the architect. High dominant but

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high compliance, interesting mix. So, very,

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very detailed, very, very calculated but off the charts

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with drive and ambition and all those things, right? And they're the

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people that are going to take Amazon like you have, seize it

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Oh, that's all I'm doing is leveraging Amazon for distribution. You touched

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on before about when realestate.com came out and everyone

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got scared about there's going to be no real estate

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agents. Well, I just saw a report the other day that said that people are

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now going back to bricks and mortar retail stores. So they're getting sick

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of shopping online and actually want to go out for the, it's now become a

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novelty to go to a shop and have the experience of

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walking into a store and seeing people and mixing with people. Isn't

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that fascinating? So now there's this sort of like migration back.

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Now, I don't know if it's going to be as big as the transition of what perhaps the

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online businesses took away. But if you look at something like I

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Right. I was just thinking the same thing, man. You were in my head. Yeah?

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Yeah. What a legend of a guy. And it started off in the markets, right? At Carrara Markets,

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Yeah. It is a great story. I freaking love it. Yeah. But

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I thought he didn't have that many stores. It was like, I think a store on the Gold Coast, maybe

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a store in Sydney, and I think a really big store in Las Vegas. That's

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right. And I thought, but those stores alone, Because I

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think he netted something in the vicinity of $300 million. I think it

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was $600 million, including shares or something like that. Now,

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those three stores alone wouldn't have given him that result,

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that sellout. But what it was was the online presence.

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And I would love to know what the figures were, but I'm going to say that his online

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business dominated the bricks and mortar.

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I'm just guessing there, but that would make sense why his

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But let's delve deep with that. It's interesting, right? I think about this a

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lot. So the way he's marketed

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his brand, right? Did the shop fronts, and

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this is something we can never work out the exact metrics on it, but I think it'd be off

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the charts. How many people walked past

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the brand, tripped over the brand, whatever you

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want to call it, somewhere along the lines, walked into a shop,

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saw it in some sort of marketing tool that he used, right? And

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then went online. So like, I'll often, good example, right?

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I've been to Culture Kings shops coincidentally a few times.

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Do you know what, Matt? True story, never bought anything there. But online, hey,

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Absolutely. Jealous. Yeah, yeah. I

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just wanted to go back into the 90s, right? I love those. Yeah, it was

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like my favorite shoe that I never got as a kid. Mom was like, why

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are we wasting money on expensive shoes? And so, you know, the old nostalgia.

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Oh, totally. Yeah, one of these Reebok pumps. And they're

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That's why I've got these on. These are like 92 model Air Max BW

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I remember when MJ, Michael Jordan, he said about his

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shoes, he put on his, whatever they were, Air Jordans, the 1989 model

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or whatever they were, and he said like in the last game he got, well

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whatever it was, 28 points, 30 points, whatever the legend did, right? And

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it was interesting, he goes at the end of the game, like he had blisters and sores, he's like,

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how did I ever wear these shoes, right? Because the quality of the shoes had

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come such a long way. But what a story, right? And I

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think those stories are what we remember as

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kids, right? We grew up and the basketball era was really

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taking off. You know, the Bulls were just dominating, you

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know, and it was a really exciting time. Michael Jordan was

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the goat, still is the goat as far as I'm concerned. But the

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things that he did, and it comes back to branding, right? And I think that's

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where Culture Kings really got it. They took people like Michael

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Jordan and they got it. They went back in time and

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they hit all these different markets and didn't single out

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and just go, let's make it for 20 something. Here we

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are at that other end and we've got kids and

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things like that and we're buying the gear there. You're

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not capping out a market either. I think it was really interesting the way he saw

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the big picture and he saw the big picture from day one when he was in that Carrara markets.

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He had that vision. I was actually lucky enough actually at the Southport School,

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they had a business lunch and actually heard

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his story. It was unbelievable. So,

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you know, he got down and talked also about how important

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your mental health is. He actually does that, was

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He's got his own- He said cryotherapy. I was like, he's

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Is that therapy? But he literally has his own get

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up. I think it's 180G or something. He's just dropped it in there, so if you're lucky

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enough to buy his house. I think if I heard a memory, It

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might have even been on the market recently, but if you buy his house, you get that. It's

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Let's go back to the branding, though, because this branding is so important with

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Amazon, your Amazon-based product and

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your listing. You said before that someone said to

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you, you've always got to look sharp. That's the same with your Amazon

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product because someone can only go to the Amazon website and that's their first

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taste of your product. The images, you

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can't touch the product. You can't pick it up and feel it.

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So the images have to be unbelievable, which is the same as, I guess, you

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know, your presentation has to be unbelievable. When you walk into your real estate

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office has to be unbelievable. When someone picks up your brochure. And

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I know from a fact, because I receive your brochure in the mail, there's

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your brochure and usually for some reason, I don't know if this is like some sort

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of conspiracy, but they always put all the real estate agent ones together. So

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you get like five different real estate agents in one day. And

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your brochure is always just

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leaps and bounds above everybody else's. There's people in there that are still printing in black

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and white. I know, right? I'm like, what are

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they doing? Are they trying to save money by presenting a

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It's interesting. I thought about this when we launched the circular

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signboard. Starting from the beginning and working through, a lot

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of agents had a lot of different ideas about doing different things. Then

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they've looked at the cost and then they've gone, there's no way we're going to do that,

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right? It's interesting you mentioned the, and I'm guessing you're talking

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about the booklet we do with the rundown on the performance in

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the area. So we do one for the Tweed Shire. We also do one for the

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Which is also in that, though, Tate, it's not just you having

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obviously a sales pitch for your office and the listings, but

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Correct. Correct. And that's what it's more about. And I think about shelf life,

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right? A booklet like that, it might sit at at home on the table

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for up to a month, right? It literally could. And it's

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certainly not expensive, like thousands of dollars goes into that in

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the creation of it, all that sort of planning. And then also obviously the

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cost of manufacture, there's 10,000 I think that goes out. And

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you've got that going out for Tweed Shire as well as Tweed Coast. And they're different booklets.

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You wouldn't have probably seen the Tweed Coast one we do, because it goes to a different

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market. But again, yeah, it's huge in

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It's a huge difference. And when people are going to this Amazon

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and seeing this Amazon listing, And they're seeing the images for the

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first time. If those images aren't amazing, then

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you can lose sales. Right? So it's back to, you know, if your presentation isn't

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great or your front office staff are no good, you know, that you

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could potentially lose sales. There's lots of talk at the moment about AI. And

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I did a post recently talking and a video talking about

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all the jobs that are probably going to go with AI. I mean,

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even just in the Amazon logistics and things like

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that. So in the warehousing, there's going to be robots, you know, picking and packing orders.

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So all those staff are gone. Even right now, you can go to

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the US, you've got AI tools within

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McDonald's drive-thrus, Burger King drive-thrus. So

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that window order taker, they're now gone. Right?

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So there's all these little things. And honestly, I can't wait to

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get it. They're talking about having an Elon Musk robot, Tesla robot,

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in your house for $20,000 US. Yeah, wow.

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That's what they said. They're saying they're going to mass produce it. And he obviously wants

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economies of scale. He wants it in everyone's lounge room, right? Wow.

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I don't think it's that long. I mean, have you seen on Google, look

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at the Tesla robots, they're incredible, right? They're like cracking eggs and stuff. But

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could you see a future where you perhaps have AI, let's

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talk about even AI robot, like standing at the door of

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Yeah, look, I think that definitely has an impact and

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a role. I think for our industry, it's so human-based. That's

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always going to play a part. What I find intriguing about

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AI, and I think AI will definitely take a lot of

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jobs, and it will also create a lot of jobs. At

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the moment, though, for me, it's still very much in its infancy. I

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really went into the Delve Deep AI and I just tried it on text.

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So what I did is I paid for the highest quality AI

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tool that I could get. I threw it a heap of text, just

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bullet points, different things. And I just want to see what this thing could do, right? I

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also threw it the floor plan and

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I also gave it, I think I tried to give it a video, but

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that didn't seem to work out. So I gave it as much content as I

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could. And I just wanted to see what it would spit out at the other end. What

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I realized was that it's still very much at its infancy, and it's

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interesting, I think that And it's going to happen very fast.

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But these AI tools need to come up with better, like

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learn as you go, kind of every time you give them something, it improves a bit better.

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Because I feel that's still a big lag. And I feel like it's still this big

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generic. And it was a paid for subscription. So it wasn't the

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cheap one or anything like that, free go. And it was

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like, your square meters are this, and da, da, da. It was very still

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So what you're saying then is you don't think AI is going to have are

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that big of an impact? We're talking about AI robots. Are they that big of an

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Not yet. I think there's a lot of key things they've got

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to get right, and I think it could take genuinely one

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Well, this is the problem, right? If it can't create good text at this stage, and

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that's like a pretty primal, what we're talking about robots, right? I'm talking

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about just some ad copy. It's still got a long way to go to

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be adaptive and learn and understand formulas

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Well, we might have to have a chat later, Matt. You might have to give me through a bit of a flick. But this

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was chat GPT. I spent the extra money to get the

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right level on it. So I think it's going to be very adaptive, and it's going to

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But are you going to think from a cost perspective? Because I

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know even if you think about a restaurant, if

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you put an AI machine who can just make burgers

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and chips, pool shakes or whatever. I

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now don't have to pay a wage. I don't have

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to pay sick pay, holiday pay, overtime, penalty

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rates for weekends, extra

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payroll tax. The list goes on. I don't have to worry about people

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calling in sick. I had a case the other day where during the public holiday,

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not a single person called in sick. Why? Because

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they're getting paid extra. Not only that, there was people on

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standby. They were calling in to say, I'm on standby. Then

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every other day of the year, if it's not a public holiday, sick day,

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sick, sick, sick, sick, sick. It freaking drives me nuts.

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Yeah, it would. I'd get the AI robot in there, and then

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next thing you know, I'd be saying, oh, can I come in and work because I

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can replace the AI machine? I'm like, dude, this AI machine's coming in

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every day and doesn't even talk back to me and just shows up and does the job, right?

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And I'd have to pay that guy penalty rates, and I'd have to

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Correct. And look, you're pretty forward thinking, right, with

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where things are going. The challenge that I still have, right, and

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I remember with computers it was the same thing, right? We could have these blitzkrieg

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computers like, and for people who don't know that term, like lightning kind of

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operation, right? And yet, what they do is they intentionally hold

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back the technology because the average person isn't ready as

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the consumer to consume it and it would be too overwhelming for them. And

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my biggest concern at the moment is that I feel, like you said, we've got

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all this technology. I think it's all coming together. The problem is

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we're not seeing probably like, good example, and

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you mentioned Elon Musk, right? the tools and the systems and

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the things I reckon he can get a hold of, versus what we can

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get a hold of, could be as much as five years difference, right? Like, who

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There you go. So this is the problem, right? And I

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think the other disadvantage we have in Australia, and love the country, love

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everything about it, But it's a bit like the cars, right? The

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cars come out in the other countries first, three years prior, they get these amazing

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cars. And we're sitting here in Australia waiting with bated breath

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for this new exciting car. I know you're a car buff, so probably shouldn't get

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But this is the challenge I think we have. I'm really excited

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about AI. I think it brings a lot to the table. But the frustration, and

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I can tell you're already frustrated. You want your AI robots today. But when are

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we going to get it? When's going to be the launch? And

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it was a bit like the cars. There was a lot of hype, a lot of excitement around the cars. It

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was an incredible marketing strategy that he did too. Elon did

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wow. It made his company take

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off, right? It's going to be the same with the robots, I'm sure, but when's that going to happen

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Stay tuned, I guess. We talked

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about attributes and I think you've got fantastic

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attributes. The attributes, right? The

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quality attributes. that you could transition from

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just any business. You're in the real estate business now, you could easily transition into

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the Amazon business. And I think the number one attribute

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is resilience, because you've

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been through so much in your life that when challenges come your way,

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you can just overcome them. And there's so many people, not

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in just the Amazon business, but just business in general, that the

Speaker:

first challenge that comes their way, they fold. Part

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of my success and definitely I can see from your success

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is there's been periods in your life where you've literally had your back up against

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the wall and you're like, shit dude, we have to do this.

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If we don't make this work, we're fucked. Yeah. It's game

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time. Yeah. And I think that's been

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You touch on Amazon, AI, those

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things, and I think the most important thing, definitely a

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bit reserved, just knowing how slow things roll out here, right in Australia, but

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it's interesting. At the same token, though, you've got to be adaptive. You've

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got to be the one to embrace change and to look at opportunity and

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to delve deep and take advantage of it. Also, too, from

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my company perspective, and probably a little bit different to yours, It's

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such a fine line, right? You want to be the first kid on the block with a new

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AI tool if it benefits the company, right? No question. You

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know, resourceful, innovative, adaptive, and fast. Fast

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is king. You know, I think about service and a client I was dealing with yesterday and,

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you know, hey, has he got his report? Has he got this? Has he got that? Has everything happened, like,

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within the space of a couple of hours? I want to be the best, right? Speed is

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king. Speed is currency. But also, too, you've

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got to adapt to that change. So if new tools, new systems, However,

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and there's a big however with it and I think all business have to be

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very mindful of this. There's no point going down a black hole

Speaker:

of AI and spending like going to see all these courses and

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training and everything if it doesn't have any value to offer your

Speaker:

business. You've got to look at what's going to like, you

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know, and a tool that may work like you mentioned robots, right? Robots for

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you, I think, would have a lot bigger impact short term, definitely in your You

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know, the fast food world and definitely in Amazon

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because obviously products, manufacture, warehousing.

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For real estate, it's still very person-to-person, 100%. You

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could have someone at front of house collecting

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the details and all those sorts of things. As long as you're still getting engagement,

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someone's still going to be in the house engagement, relationship building

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and all those. And it goes back to the basics, right? Realestate.com

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was going to change the world in real estate. We would need real estate agents. Then it

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was virtual walkthroughs. Everyone's going to have virtual walkthroughs and it's going to be all on

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realestate.com. People won't need agents anymore. Now it's, hey,

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AI is going to come in and disrupt the whole world. There'll always be

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disruption. I think like you're saying, hey, you can next level this.

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You can take it to the next level. I think that there'll be a lot of opportunity

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created from the AI too. Someone's going to

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have to, at the end of the day, fulfill all the different functions

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of different responsibilities and roles in these new industries that are coming out of

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this product too. But yeah, there's also going to be some labor content saving,

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definitely. But I mean, we're already, and I think for

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companies that aren't, they've got to be looking at labor as well offshore for different

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tools and strategies that can benefit them as well. The reality

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is right, and I don't think it takes jobs away. I think there's jobs

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out there that, rightly or wrongly, a lot of

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locals may not want to do those jobs, and those jobs are available for

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people that want to do them. Yeah.

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AI, offshore, whatever. Exactly. And I tell you, listen, I

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know you've got to get going because you've got clients to see, you've got real

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estate to sell, deals to do. That's right. So I want to

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And I really appreciate you sharing your story. And I can see there's

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a lot of synergies between your real estate business and Amazon

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and having the right attributes as well. And maybe you want to look at going into Amazon and

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Yeah, exactly. All right, guys. No worries. Thank you so

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much for joining me on Amazon Ecom Secrets. Look forward to seeing you next time.

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Take care. Thanks, guys. Thanks for tuning into Amazon Ecom

Speaker:

Secrets. If you enjoyed this episode, the best way to show

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your support is to give a five-star review on Apple Podcasts

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and Spotify, and make sure to subscribe on YouTube

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so you don't miss an episode. You can also find more

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at I'm Matthew Fraser on all social media platforms.