Transcript
A (0:00)
Thank you for being on Commercial Real Estate Secrets. First off, congratulations on day trading Attention hitting New York Times bestseller. The book was amazing. It's very well deserved.
B (0:11)
Thank you so much.
A (0:12)
Premise I own a commercial real estate brokerage in Denver. It's called the Warehouse Hotline. We do warehouses in Denver. I have been running your playbook for seven to eight years. I'm going to post, produce this whole podcast and give you the proper introduction, do notes on it. But I want to take these 30, 25 minutes to just dive in and extract value. I have six questions, four minutes for each question. Are you ready?
B (0:43)
I am.
A (0:45)
Okay, let's begin. In 2019, you told me to hop on TikTok and I did. It's paying dividends now, four and five years later. What should we be doing today that we can expect to pay dividends in four and five years?
B (1:03)
That's a great question. So things like TikTok. So the premise of day trading tension in new book is there are overpriced and underpriced behaviors in marketing, in everything in business, in life, but there are things that are higher value or things that are quote unquote, waste of time or not as good of a deal. I wrote the book right now because there's actually no answer to your question, meaning every so often a platform comes along and it's so big and people don't see it yet. And that's when I scream all over social and I've done that obviously with Snapchat and TikTok and YouTube shorts and many other things. So the answer directly of platform under priced attention that will pay off the next two, three, four years. It's not currently active. What is active is practices within the platforms that can extract more value than the competition. So let me use this analogy because I want everybody to understand if there's three pumpkin pies on the table and there's only two of us and both of us want to eat as much pumpkin pie, we're both probably going to get at least one and a half pies. Maybe one gets two, maybe one gets one, but we're going to get pie, right? That's what happens when a platform is underpriced. That was TikTok. Right now what's happening is there's 18 people in a room and there's 12 pies. And by the way, if you're the most clever of those 18 people, if you know the best moves, there's no reason you can't leave with four of the 18 pies or a fourth of one pie. That's the analogy. Right now we're at a place where everybody has to be better at the content they make. You know, for you, for example, what I would be going ham on if I bought your company and we became part a piece of it. We became partners. And today's day one. We just closed the deal. It's the Monday. Here it is, Monday, June 3rd. We just became partners. You made me a nice cup of coffee as I walked in. You said, all right partner, you're Gary fucking V. Let's explode this business. What are we doing? I would say the first thing we're doing is we're creating a doubling down on the podcast because it's our point of entry to make content. But we are obsessed with LinkedIn obsessed. And we're obsessed with LinkedIn ads because not only can we make content, but once the content does well organically, we can run ads against it towards the kind of people we want to attract. Whether it's looking for supply the deals. Does your family own a warehouse in Denver or filling it right, the demand, you know, are you looking for a warehouse in Denver to expand your business? So I would say LinkedIn. And believe it or not, YouTube shorts is very interesting to me because YouTube's the second biggest search engine in the world behind Google. And I really do think content on that platform titled right, like literally Denver warehouse Lease Denver. Like we could be very clever there. So from a marketing standpoint and then really something. I didn't talk about the book. I would, if we're just going to the analogy, I would get our search stronger, our SEM, like our ads, you know, like search engine marketing. Like not organic but like if somebody types in buying a Denver warehouse, I'd like to see where we sit on our Google AdWords. That's more intent based selling than it is, let's say social media marketing. But it would be on my mind.
