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Commercial Announcer
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Travis
You're listening to the Travis Makes Money podcast presented by gohighlevel.com for a free 30 day trial of the best all in one digital marketing software tool on the planet. Just go to gohighlevel.com travis what's going on everybody? Welcome back to the Travis Makes Money podcast where it's mission to help you make more money on this episode. My producer Eric is in studio. What's up?
Eric
I'm sore. I gotta start every episode for the next couple weeks. I will be sore, but I'm coming back with a revenge body with a bicep vengeance. Yeah, just one bicep, not even both.
Travis
Sounds like a terrible movie.
Eric
I have two clips that I'd like to show you were informed me you tapped on the glass of the studio said hey, we got room for one more episode so I will need you to choose. I hope you don't choose one of these, but do you want to watch Kris Krohn giving his that dude's so bad they named a whole disease after him.
Travis
Stupid.
Eric
Hey man, you got Crohn's. Hey, you got Crohn's disease, but the disease is just corny content. You're being quiet.
Travis
Did you say crony content?
Eric
Yeah, dude, your content's so corny they call it crony because you're Kris Krohn and your content sucks. So anyway, do you want to watch a video of we can talk about Kris Krohn on the show? Sure, I have freedom of speech. Anyway, Kris Krohn reacting to do you want to react to Kris Krohn reacting to a video of Graham Stephan interviewing Dr. Mike about the worst financial decisions or advice for 20 to 30 year olds?
Travis
Okay.
Eric
Or do you want a really fun video about Steven Spielberg?
Travis
It seems like you want me to choose one or the other.
Eric
Which one do you want to do? Maybe I'm doing reverse psychology. I want you to pick crone.
Travis
All right, I pick crone.
Eric
Damn it, I want to watch Spielberg. How about we just knock out how about we just knock out Kris Krohn quick and Then we'll do Spielberg. Let's just do a double whammy. We're going to be like a KFC Taco Bell combo episode. You know what I mean?
Travis
I thought you were going to say a KFC double down, which I.
Eric
What the hell is that, dude?
Travis
You didn't have those.
Eric
No, the ones was that back in
Travis
your day was the bun the Zimmerlock.
Eric
I've heard of it.
Travis
But it'd be like two pieces of chicken, and then in between it was like cheese and bacon.
Eric
What's the protein on that versus the calories? Because I might need to eat that.
Travis
Yeah, I don't think they have it anymore.
Eric
Okay.
Travis
It was the best item at kfc, though, when it was around.
Eric
All right, you ready? Anyway, we're doing a double, so here's Kris Krohn. Dude has the weirdest beat. Okay, so we're gonna watch Kris Krohn. I edited a bunch of clips for Chris. You did, but not directly, so I can say whatever I want.
Commercial Announcer
He's.
Eric
He's so easy to. He's so easy to create clips for because he's such a cornball. And you're like, people are gonna just destroy him in the comments. And the balance for me was always hard because I would submit the clips and it was like, don't make him look dumb. Where it looks like you're trying to make him look dumb. But also like, this is gonna get views.
Travis
Yeah, yeah.
Eric
But I will say there was one other person. I won't say who it was. I was editing for a group that did an agency. That's the word for it. Group that does services. But there was one guy, you know, and sometimes he's a little. He comes off like his brain is catching up to what he's saying. And he's a very sweet man, but not. He doesn't sometimes, like, the bulb isn't at full condescence.
Travis
Yeah.
Eric
Yeah. Is that right? Word Incandescent.
Travis
It's not.
Eric
It's not fully. That's what he talks like. It's what I just did.
Travis
Yeah. Like, this is actually just an example.
Eric
The bulb is not the sharpest in the crayon box. You know what I'm saying? Totally. But anyway, there was another guy, and I did something funny in the edit where he was. He. And it was. It wasn't making fun of him. I thought it was just a funny way to fill up the dead space. But he was, like, doing math. So he's like, if you have blah, blah, blah, and you have blah, blah, Blah. Then. Hmm. What is that? But he said it in a way that was like, really cool. And then he gave the answer. And so what I did was I zoomed in on his forehead and I put the rainbow wheel like it was loading on a Mac. And then the feedback came back. He's like, for this client, he's self conscious about coming across, like, slow. So, so, so, so maybe don't. So don't. Don't point out that he can talk that way. That was the direct feedback. And again, very nice, dude. But I get it.
Travis
And puts out good stuff.
Eric
Yeah. Yes. Yeah, yeah. So. But I don't say it. If it was Chris, I would tell you. The thing with Chris is like, if you cut out the parts where, like, it's hard to get in contact. Anyway, so here's Kris Krohn. We haven't never talked about Kris Krohn. I want to do a whole episode on. We should do a whole episode dedicated called Crohn's disease. And we just go, you know, that's funny. Isn't Crohn's disease the one that makes you poop a lot?
Travis
I have no idea.
Eric
Or it makes your poop look weird.
Travis
Don't know.
Eric
Well, his content is poop. So anyway, here's Kris Krohn. Well, actually, here's Dr. Mike. So you're hearing Dr. Mike on talking to Graham Stephan. And Kris Krohn couldn't get Dr. Mike. And so he's reacting to a clip of that. Here we go. What's the worst financial decision you see 20, 30 year olds make?
Dr. Mike
Not setting up a Roth IRA. You could be a millionaire from this. And it's incredibly easy. It's a retirement account. And by the time you're 65, all that profit you make within the account is tax free. But the goal is that when you're young and doing that, you have 40 years of compound interest, where all of a sudden that $800 you invest could be worth 8,000.
Kris Krohn
This is where. Because Stefan is a real estate guy. Why would he be promoting a Roth? Like, you never have to pay taxes on real estate ever. It's called 1031 Exchange and Tax deferred. Like refinances. Like you don't ever pay taxes. Why would he be doing this? I'm completely confused. I don't know why he's doing that. No, it doesn't make sense. Try to get tax savings on top of something that odious to tax savings. Because now you've gone from the effort of having to. But the problem now with your Roth is that when you withdraw, you have to pay a penalty on that. So even though you don't have tax, you still have to pay money every time you take money out of that
Travis
before a certain age.
Eric
So who do you agree with if you had to. Okay, one of them has to be executed. Graham, Dr. Mike, or Chris for their take. Which one are we doing? Well, that's Bill Maher. No, I'm just kidding. Do you agree with Graham? Do you agree with Chris?
Travis
The answer. Okay, so the answer.
Eric
I know you're a big Kris Krohn fan. I'm going to start saying that one to add that to the repertoire. Yeah, you don't want to be a crone. Dude, that is good. God, it stinks. But that's so cool for someone that deserves it. Not in the slightest. You know what? Oh, I forgot to put my stacks of fake money on the counter to show my credibility.
Travis
That's true. We do have a lot of them.
Eric
I know.
Travis
We should constantly have this table full of fake money.
Eric
No, we shouldn't do that because it's silly.
Travis
No, but it's. But it's a money show.
Eric
It is themed.
Travis
Okay, go ahead. Okay, so let's hurry up. Spielberg. The thing of them. The thing is both of them are right. So the difference is, though, Graham's advice for most people is better because real estate. When you start putting a bunch of money in real estate, it requires you to become some form of an expert in real estate. And I know there's a bunch of people right now that are being like, no, you could just give me your money and I'll invest it for you.
Eric
You have to be like a real estate genius like Chris.
Travis
I'm saying, for all of his. I'm just kidding. His apparent downfalls, he does know how to invest in real estate. If he just, like, did that one thing and only did that, he would be better off, I think. But anyway, he, like, you don't have to it. In order to open up a Roth IRA and put money in the S&P 500. You require zero financial expertise. Like, anybody can do that on an. On a day with chat, GPT and a brokerage account. Like, it does not require this crazy. Like, it doesn't require a bunch of risk. It doesn't require a bunch of knowledge, doesn't require a bunch of work to, like, learn the real estate industry inside and out so that you can make an investment that's sound and know how to manage the property. And like, so what Chris is saying is not necessarily wrong. It's just that, like, the thing that's something I've come to learn as somebody who grew up in a real estate household, that it's just. There's no. Not everybody grew up in a real estate household or has a really good connection to somebody who knows their local market really, really well. It can help make them make better decisions when it comes to their investment properties versus their. Their personal residence. So for most people, I would. I would tend to agree with Graham there, which obviously his advice is more for most people. So if you're making that type of a decision, like, if you're going to start putting a bunch of money into real estate, you just are going to want to learn a lot more about real estate before you just start buying up houses. Because you can get. You can get screwed by doing that type of stuff versus put 200 bucks a month in the SB 500 through a Roth IRA when you're 19. Like, anybody can do that. And there's virtually no risk.
Eric
Like, there's.
Travis
Of course, there's always risk in every. Every investment, but that's a pretty safe way to manage your money.
Eric
All right, now that the boring half of the episode's done, here's a clip of Steven Spielberg or. No, hold on. I messed up because I was making the joke. Here's a video talking about Steven Spielberg making fat stats. You ready? I was gobsmacked.
Spielberg Video Narrator
Makes about $2 off of every ticket sold at Universal theme parks. Let's break down this deal and the details of this. So he signed this in 1987 in exchange for serving as a creative consultant on attractions. It applies to Universal, Orlando's, the Florida parks, Universal Studios Japan, Singapore, and other international parks covered by the agreement. It does not include Universal Studios Hollywood, which predates the main deal. So this means an average ticket running about 100 to $150 means that every ticket sold at these parks, Spielberg makes about two to three dollars annually. He's making anywhere around $50 million per year, sometimes higher. When peak years happen, for example, when there's the expansion for the epic universe in Florida, it's going up and up. This is a crazy deal.
Eric
Teleprompter is slow right there.
Spielberg Video Narrator
Well deserved, because a lot of the attractions at the parks, obviously now they're changing and we're getting newer attractions constantly. But when these parks were really booming and really started taking off and being created, Spielberg's ip, the movies he made were really the main attractions that were drawing people there. For example, when you go to Universal Studios in Hollywood. The parking lots are named after almost all Spielberg movies. You have the Jaws parking lot, the ET Parking lot. Then also the live stunt shows that
Eric
have been going on for years phase.
Spielberg Video Narrator
Yeah, yeah. A lot of these. Universal, they did a very smart thing by attaching themselves to the hip of Spielberg for obviously a huge amount of money. But at the end of the day, I think it was totally worth it.
Travis
Well, not just worth it, but also kind of what we're talking about on an episode this week we were talking about, like, is it just because you can. Oh, the Jackass episode. Like, when we're talking about just because people would line up around the corner and do it for free, does that mean, like, is it the ethical decision to just find a bunch of people that will do it for free? Or is it better to actually pay the people who are putting the life and limb on the line for you to make tens of millions of dollars? Like, it's sort of the same thing. It's like, it's not just like, oh, it's a good deal for them, or it was a smart move for them, but it's also probably the ethical thing to do because without Spielberg's ip, you don't get to create the park with all the attractions.
Eric
I can't even name one thing Spielberg's done. I'm trying to think of, like, something he contributed to cinema.
Travis
Yeah. Virtually nothing. No, but yeah, I mean, that's a crazy deal, but also, like, well deserved and good for him, you know, I don't like that. No. Chris Crop.
Eric
You know what I don't like? Spielberg famously, as a youngster, would sneak off the tram and, you know, get around the back lot, look at stuff, you know that. No. Spielberg famously would sneak off the tram during the Universal tour and just hang out on the back lot as long as he could and, like, you know, would basically just sneak around in the studio and then eventually worked for the studio many times, and then he got this deal when I snuck off the tram at the back lot, I got arrested.
Travis
I think that's just a joke. But Frank.
Eric
But it is what would happen. But it is what would happen. Yeah. And it's crazy when you hear stories like Sylvester alone used to sneak around. Yeah, he used to do that because he would go on to sets to, like, pitch his scripts or something. It's just funny. Like, it's advice you couldn't take.
Travis
Of course.
Eric
You know, and I'm sure it's a
Travis
wildly different place today.
Eric
Yeah.
Travis
When Charlie Sheen was doing his little Promo tour recently for his documentary.
Eric
Yeah.
Travis
He was talking about growing up in Hollywood, obviously with his dad being star at that time. He was just talking about, like, how completely different that whole area is that it used to just be like almost small town vibes, because it frankly was sort of a small town at that.
Eric
And then more and more people kept
Travis
coming out for the dream, you know, as movies started taking off and doing better and better. And now it's turned into what it is today, which is frankly a disappointment. I think for most people. If they're. If it's like they've worked their whole, you know, for the last three years to save up money to come see Hollywood. It's like they get off the plane and then get to their hotel and it's like, this is. This is it. This is Hollywood. Like, smells like pee. There's, you know, not a ton of stuff to do inside of the city that isn't crazy expensive. And you basically go like, oh, there's the Hollywood sign on the mountain. And then you're like, all right, well, yeah, that was cool. But I think it's probably, probably a little bit of a disappointment for a lot of people. But also talking about this deal, though, Very, very strong deal for Spielberg.
Eric
Yeah. I was looking up Universal theme parks currently generate about 9 to $9.5 billion per year in revenue. That's a lot of money. I wish I had a percentage of that. I do think that. Do you ever feel like this because you're a numbers guy?
Travis
Yeah, I'm a numbers guy.
Eric
So you are. I feel like I have a hard time visualizing certain things. And then I felt like this when I was at Universal recently. I was like. We were inside. I think it was. It was either Harry Potter. Oh, no, no, no. We were in the shop for in the Minions land. And I was in there and it was very busy. And I was watching, like the line of people with all this stuff, like plushies and toys and shirts and all that stuff. And then I was looking at people, like, holding up stuff all around, like everywhere. It's like it was jam packed with people buying merch. And I, in my brain, I was like looking down in my hands at how much I was about to spend on, like, the three items we were getting. And I was trying in my brain to like, grasp how much money this souvenir shop is making today.
Commercial Announcer
Yeah.
Eric
And I could. I was like, they must be making trillions. I just, I literally. I literally was sitting there doing the math and I was like, how much are they making.
Travis
Do you feel like you just abandoned it after a while? Like, if you're trying to set up an experiment to figure out how much money they're making, you just abandon these things.
Eric
Well, because I'm sitting there and I'll go, okay, mine's gonna be $60. They have similar items. That's 120, and that's as far as I can go in my time stages.
Travis
I just break it down into. Into different sections of the day.
Eric
I can do better times tables than that. I just wanna. Actually, my daughter was quizzing me on times tables and division, and I couldn't go through the whole thing that she does.
Travis
Really?
Eric
Yeah. Maybe you should twiz me sometime. I'm really bad at math, actually.
Travis
We'll do some quizzing on the show anyway next episode.
Eric
But, yeah, I do feel like when I'm in a group like that, like, I. My brain can't even compre money. Like, when you look around, you know, money is being spent like crazy.
Travis
I think about that in the casinos.
Eric
I'm just like, oh, dude, gift shop.
Travis
It'd be more like, all right, this is the average cart, probably. And then how many customers per hour? And then eight hours a day. And then you can sort of extrapolate that. But, like, when you're in a casino and you're just as far as the eye can see, it's just slot machines, table.
Eric
And they're just going.
Travis
Because you have no idea how much money each individual person is spending. Like, it could. It could. It could range wildly from, like, this person got out 100 bucks and then left after they lost their 100 bucks. This person was sitting at the blackjack table for nine hours and just keeps reaching another.
Eric
Well, I joked when we were at the table, I said, like, you know, oh, like, we want a little bit of money. And I was like, oh, they're gonna kick us out, you know? But then it's like, we could have, like, quadrupled our money, and it wouldn't be a dent.
Travis
Not even what they're doing.
Eric
Okay, let me ask you this. Let me ask you this. Do you. This is just random. I'm just curious, but we have to talk about it. I have a theory, because we were watching when we watched the Ocean's Eleven movies, good movies. When we were watching those years ago, I told Tara, I said, I wonder how many times people have tried to rob these casinos, but the casinos would never tell us that it happened or how many times they have been robbed. And we just don't Know, make it public information. How often do you think there's.
Travis
There's probably a lot more attempts than there are successful? Oh yeah, I have to imagine there's not many successful attempts.
Eric
But how many attempts do you think there are? Do you think there's at least one attempt a year?
Travis
I would say so.
Eric
2.
Travis
It has to be with the volume of casinos and the volume of people,
Eric
like, I'm saying, like, like Caesar's Palace. Do you think someone's like, there's a. Some scheme at least once a year where someone's like, I'm gonna rip off this casino.
Travis
I bet they have eyes on like dozens of potential scenarios, you know what I mean? Like, if, you know, like there' sort of like known white collar criminal who's like spending time at your resort and things like that. Like, you gotta have eyes on them.
Eric
Here's the real. The real thing is, I can guarantee you if someone does try, it doesn't go to the police.
Travis
Probably not.
Eric
They're buried deep under the right.
Travis
Which is what they literally used to do when the mafia controlled Vegas.
Eric
They come in right now and just kill my chick. He knows too much. Anyway, I was just curious.
Travis
But yeah, I actually thought that was happening the night of the Vegas shooting. Not to turn super dark here, but we were. It was before we lived in Vegas. It was like four or five months before we moved here. And we were here visiting. And then we were coming back to the Strip after having dinner with my brother in law, Chris, because he lived off Strip in Henderson. So we were like, oh, let's go. We went to some restaurant over by Green Valley. And then we were coming back to the Strip to go play some blackjack. And on our way back there, we had to pull over and there was just a line of like 24 cop cars coming in a row. And I was like, I wonder if like somebody's robbing a casino right now. That was like the first thing that I thought about was like, there's a big like oceans heist going on and the cops are like arriving at the scene and then obviously ended up being much, much worse than that. Yeah, but yeah, it's an interesting question because, like, I feel like it. It seems impossible for anybody to actually do something like that successfully. Like, it just doesn't feel. But like you said, if it did happen, we would not hear.
Eric
Exactly. Well, because I feel like when I said it, Tara was like, no, they don't do it. And I was like, I know that people have to try. Yeah, there's so Much money all the time. But I was like, But I also, I just kept saying, I was like, but there's no way they would ever let this get out.
Travis
Right?
Eric
Like, you would not want the publicity. Like, oh, someone got this far in,
Travis
you would not want to break the seal.
Eric
Right, Right.
Travis
On information that. Because then. Yeah, exactly. Because it's like, oh, it was a failed attempt, but exactly that. How far did they get?
Eric
And what.
Travis
What was their strategy? And like, I wonder if we could. You know what I mean?
Eric
I thought that. When did you watch army of the Dead? No, really? Wait, is that the Zack Snyder one with Dave Bautista?
Travis
Is that the safe cracking?
Eric
It's the one before that. It's where they basically go, there's a zombie outbreak and then they have to go down to the safe.
Travis
Yes.
Eric
And I was thinking, I was like, it feels way too easy for them to get to the safe. Even with like, open this door.
Travis
Open this door.
Eric
Here's the safe. I was like, I don't think. Easy. Anyway. All right, well, that's that, I think. Thank you for bearing with. If you listen past the Kris Krohn clip you describe deserve a medal. Good for you. You get a cookie. The Spielberg stuff was really exciting, right, everybody? Woo. And then go watch army of the Dead streaming on Netflix. That's true.
Travis
It is a good movie. And they. I like the other ones too that they built off, I think like army of Thieves or something like that.
Eric
Watch it. Anyway, I gotta go watch it right now. So we're gonna close up.
Travis
That's it for this episode of the show. Remember, money only solves your money problems. But it's easier to solve the rest of problems when you got some money in the bank. So let's start there. Here on the Travis Makes Money podcast. Catch you next time. Peace.
Podcast: Travis Makes Money
Episode: CO-HOST | Make Money with Smart Investing & Unexpected Deals
Host: Travis Chappell
Co-Host/Producer: Eric
Air Date: May 6, 2026
In this lively episode, Travis is joined in-studio by his producer Eric for a loose, humorous, and relatable conversation about making smarter money moves. The episode covers reactions to viral financial advice and segues into the story of a Hollywood mega-deal, all while emphasizing practical money wisdom for listeners at any stage of their financial journey. Main topics include whether to invest in real estate or Roth IRAs when starting out, the importance of accessibility in investing, and an exploration of Steven Spielberg's legendary theme park royalty deal. The banter is peppered with jokes, pop culture references, and thoughtful observations about wealth and opportunity.
[05:51 – 09:16]
The Clip: Kris Krohn reacts (somewhat critically) to Dr. Mike recommending a Roth IRA to young investors, on a Graham Stephan interview.
Travis & Eric’s Take:
Joking about money show aesthetics:
The meta-commentary on financial influencer posturing:
[09:32 – 14:01]
Video Recap: The duo plays and discusses a summary of Steven Spielberg’s royalty deal with Universal theme parks.
Analysis & Reflection:
Memorable Banter:
[14:01 – 16:26]
Eric describes standing in a Universal merch shop, overwhelmed by the sheer volume of transactions and how difficult it is to conceptualize “how much money this souvenir shop is making today.”
Travis relates this to casinos: “When you're in a casino and you're just as far as the eye can see, it's just slot machines, table… You have no idea how much money each individual person is spending… it could range wildly…”
Relatable moments discussing the scale of business and the psychology of big numbers for everyday people.
[16:54 – 19:52]
The conversation wanders into movie references ("Ocean’s Eleven," "Army of the Dead") and whether casinos disclose attempted or successful heists.
Travis recalls witnessing a flood of police cars during the night of the Vegas shooting, initially believing there was a casino robbery—highlighting common anxieties and movie-fueled perceptions of Vegas.
On accessible investing:
On value and ethics:
On modern Hollywood:
Summary for New Listeners:
This episode distills the difference between scalable passive investing and commitment-heavy approaches like real estate, asserting that most people benefit from simplicity and accessibility. It highlights how behind-the-scenes deals (like Spielberg’s) can create generational wealth, all while keeping the tone breezy and inviting. Expect witty commentary, useful money insights, and a much-needed dose of realism about why chasing every flashy opportunity might not be as practical as steady, smart investing.