PM Show Hr 1 | A Study of Highly Successful People

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Episode Transcript

Speaker 1 (00:03):
It's that time, time, time, time, luck and load.

Speaker 2 (00:11):
So Michael Verie Show is on the air.

Speaker 3 (00:14):
Well sounds a little different today, That is because we
wanted to bring you to the floor of the Nasdaq
where SpaceX ex conxecutives are red in today's trading. They're
celebrating the launch of their highly anticipated historic IPO.

Speaker 4 (00:28):
Being a freeloader and a selfish and disrespectful one and
from misappropriating black vernacular from his augenistic purposes, Elon Musky
is the absolute worst.

Speaker 2 (00:38):
This dude is probably one of the most unintelligent billionaires
I have ever heard of met. We're seeing our witnessed.

Speaker 4 (00:49):
Elon Musk is officially the world's first trillionaire.

Speaker 2 (00:54):
Think about that.

Speaker 4 (00:55):
We're living at a time when more and more people
are just hanging on by their fingernails to survive economy,
and Elon Musk has more money and more wealth than
anyone in human history.

Speaker 2 (01:07):
Elon Musk is incompetent. He is incompetent. He's a thief,
He's a Nazi.

Speaker 3 (01:14):
Musk is a pathological liar, he's a criminal, he's a
sociopath and a ghoul.

Speaker 2 (01:22):
And not say that someone like Elon Musk is an intellectual. Really,
what he's up to is, you know, snorting ketamine and
and tweeting at all hours of the day and night.
The guy's a joke, right, He really is a joke.
The more I hear him.

Speaker 4 (01:39):
Talking, I'm astonished at how dumb Elon Musk is.

Speaker 5 (01:44):
Edrid car buying is now. But there's a public perception
that that was part of a apology tour, if you will, that.

Speaker 2 (01:52):
This had been said online.

Speaker 5 (01:54):
There was all of the criticism, there was advertisers leaving.

Speaker 2 (01:57):
We talked to Bob igen bas.

Speaker 5 (01:58):
About you don't to advertise, you don't want them to advertise. No,
what do you mean.

Speaker 1 (02:06):
If something's gon try to blackmailing with advertising, blackmailing with
money yourself, but.

Speaker 5 (02:14):
Go yourself? Is that fair? I hope it is. Hey,
Bob Ture the once, well, let me ask you. Then
that's how I feel.

Speaker 2 (02:30):
A peace deal with Iran. And the market responded and
oil prices dropped immediately last I checked, and this was
granted this morning, they were down to eighty four dollars
from up over one hundred not so long ago. With
the Straight of Horror Moves set to open soon, we

(02:51):
are not a breaking news show, so I don't typically
check the news just before we go on the air,
because I try to talk about what the new news means,
not what the news is. You can get the news
one hundred different places on your phone. I've said all along,
Hannady is a breaking news show, and that's a different approach.

(03:13):
I like Hannadi. It's a different show than ours. We're
not a breaking news show. We talk about what we
think the news means. Didn't talk about the SpaceX offering
on Thursday because I like to have a couple of
days to think about it. I think I get the
perspective wrong when I speak on something too soon. I'm

(03:38):
going to talk about the Carmelo Anthony and Austin Metcalf
case and the verdict there and what that means. When
we talk about SpaceX, we talk about the Iran deal,
talk about Carmelo Anthony. I want to take just a
moment to do something. And if you heard our morning
show today, we focused a goodly percentage of our three

(04:01):
hours on this issue. I'm not going to do that
today for the evening show now in the next couple hours,
but I am going to say it quickly and then
I won't bring it up again today. So we have
a team of Jim Mudd, our creative director Darryl Kunda.
He hasn't been with us long enough to have a
title yet, he's only been with us for two years,

(04:23):
our executive producer, Chad Nakanishi, and then the guy who
sits across the glass from me, which is Ramon Robblist
to King of Dan and my friend Marcus Latreaux had
done a forty day fast few months ago to coincide
with his fiftieth birthday, ended up losing fifty pounds. And
you might say, well, you can't survive for forty days. Yeah,

(04:47):
you can survive on water and coffee. You can actually
survive after a week. Ramon started in on electrolytes because
our executive producer, our wellness expert on staff on the team,
and she said, you need electrolytes, which he gets from
something called element. You can get them at any store.
It's basically magnesium potassium. It's basically salt. Your body just

(05:08):
needs salt. So anyway, Ramon's gonna do an eleven day fast,
and he'd seen Marcus do the forty day fast and
he'd been talking about it so he went to the doctor.
He got all his levels checked, and he's gonna do
an eleven day fast, which is no small feet, eleven days,
a long day, a long time without any food, not

(05:29):
one bit. It's hard for people to understand you won't die.
So at eleven days he said, I got this. It's
my new normal. I'm gonna push on through. Maybe you
make fifteen and then he got fifteen, maybe make twenty.
I said, mommy, you're not trying to catch Marcus at
forty days, are you, And he wouldn't answer. He said,

(05:50):
don't put that out. Don't put that out. Well, of
course there is a forty days to the Bible, Jesus
in the Juday, desert and temptation and the Israelites, and
forty forty comes up a number of times. You know,
Goliath had been taunting the Israelites for forty years when

(06:14):
David slew him. But so Ramon decided he's going to
do forty days. And we hadn't announced that. And over
the weekend I said, how are you feeling? So I
feel great, believe it or not, I feel great. Poor
fellow hadn't pooped him forever, because what are you gonna poop.
Doesn't have any uny system. But we were talking about
it and I said, hey, so our big passion is

(06:36):
Camp Hope and that is part of the PTSD Foundation
of America. It's a facility where veterans go and at
no cost to them, they get help from other veterans
and it saves their lives. I said, how about this,
how about if we do forty for forty so that ramote,
so that people can support ramone, and we'll raise forty
thousand dollars to celebrate Friday. This Friday night at seven pm,
it will have been forty days since he has eaten

(06:58):
a morsel of food, forty day fast, just like Jesus
did so in honor of Christ, in honor of the
sacrifice our veterans make. So we decide we're going to
do it. We did raise forty thousand this morning. But
if you want to be part of it and sponsor
what he's doing, it goes directly to Camp Hope. It
stacks it. UCT will send me an email Michael at
Michael Berryshow dot com or just go to our website

(07:20):
Michael Berryshow dot com and we'll coordinate with you. It's
a great cause, and we're very proud of Ramon, so
join us in congratulating him. It's not done yet, but
he's in the Homestrike Ferry Show. That, of course is
the band, and that is lead singer, slash drummer, slash

(07:40):
genius Levon Helm on vocals a song, as you know,
written and first performed by Bruce Springsteen. The band didn't
record that in their first incarnation. That was when they
came back later in the early eighties. It is based
on a true story of a mob hit. And the

(08:01):
band is my second favorite band, Elvis Malton, favorite musician,
my second favorite band of all time, behind well, of course,
the greatest band of all time Money. It's not hard
to figure out Leonard Skinner. But what's funny about this
is this morning we played a song by Ronnie Hawkins,
and Ronnie Hawkins is the inspiration for what became the

(08:24):
band because Levon Helm came out of the band, which
was an Arkansas band that Ronnie Hawkins was lead singer for.
And you know who Ronnie Hawkins is, whether you realize
it or not, because Ronnie Hawkins is profiled in the

(08:44):
Last Waltz, which is the which is the movie the
documentary about the about the band, and because he was
such a big influence on him, let me talk about
the Carmelo Anthony Austin at CAF story for a moment.
It's a pretty simple story. I'm going to end the

(09:07):
show today with a segment on mister Rogers. In case
you can't hang around, you won't hear it, And I'm
going to talk about mister Rogers hired a child psychologist
and he met with that child psychologist every week for
twenty two years during the production of that show, and

(09:27):
he wanted input on the development of the young mind
and particularly how to teach important you know, because the
the pre fund, the prefrontal lobe does not develop until
much later, children struggle with impulse control. And that is

(09:51):
why when you see a kid, you know, take a
pencil from another kid, Bam, they pop them before they
have a moment to think about it. That's why you
see kids say things. You know, kids say the darnest thing.
They don't run it through a filter. Everything there's no
impulse control. It's a state of greater development impulse control.

(10:17):
And what we have witnessed in this country is that
among some blacks, a subculture of blacks, not all blacks.
Obviously I shouldn't need to say that, but for some reason,
we have destroyed the ability to have open conversations, which,
by the way, is half the draw of our show
is that we say things that nobody else will because
we are the greatest compliment fearless. So yeah, I gave

(10:41):
it to myself. Well, what we have seen in this
subculture is a complete lack of impulse control. So when
you see these videos, and God help you if you
ever watch one, because then the algorithm will think you
want to watch them all day long. Of some big,
fat woman who goes into a fast food restaurant and

(11:06):
she orders her meal and they forget to put ketchup inside.
She's ready to tear the whole place up. Right, Well,
we all have a momentary rage. You idiots you let
my ketchup out? That might be your you know, if
you don't have a lot to live for, I guess
that ketchup was really important to you, and maybe you're
really mad about it. Okay, that in and of itself

(11:28):
is a problem, But let's say that's the case. You
first run it through the filter of is this a
behavior that a responsible adult engages in in a civilized society,
you calm down some people counts to ten and you say, hey, guys,
maybe with a smile on your face, because you catch
more bees with honey. I know, honest mistake. Any chance

(11:49):
I get some ketchup, I think y'all, I think y'all
might have forgotten. You know, they forgot it. I think
y'all might have forgotten. Okay. Typical white guy thing to do,
right was the one might you put some mark up
not to bother you? Okay, this is These are the
things that white people get made fun of. Eddie Murphy
had a great bit on that, all right, But then
you see some people who respond zero to one hundred overnight,

(12:13):
I mean, sorry, in one second. And the results of
that are invariably, you might get away with that because
everyone's afraid of confronting you over racism. You might get
away with it ten times. But eventually, and it's usually
gonna be by another black person, they're gonna go uh uh,

(12:35):
because guess what, Big Mama's in the back, and she's
the manager, and she's big as you are, and she's
the younger of four boys. She'd been fighting since she
was a kid. So that swing you took at the
little girl who was taking the thing. She's gonna whip
you for it. She's gonna grab you by your wigs.
She's gonna snatch that wig off. She's gonna grab you
by what's left. She's gonna pound your She going to poundtown.

(12:57):
That's all there is to it. And how did we
arrive at that point? How did we arrive at the
point that a young man about to graduate high school
stabs another man in the chest over what being asked
to follow the rules? Hey, you're not allowed to be
in this tent. There's a reason, and you're not allowed

(13:20):
to be in here. You know you don't react with
deadly force. And by the way, when you stab somebody
in the chest, if you're over the age of four,
you know you're going to kill, You've got a good
chance of killing somebody. And he knew, he knew he
had killed him. He didn't seek help. He sought only

(13:40):
to take care of himself. Now, another subject for another
day is what his parents did with the There's some
reports that is over a million dollars. They did a
gofund me. All these people raise money because he's black, oh,
black white victim black aggressor. Let's give him money because
of slavery. It's crazy. But what they do with money,
they blew through it. So now you've got people saying

(14:03):
he only had a public defender. Yeah, because his parents
made the same bad decisions he did. And guess what,
the fruit doesn't fall very far from the tree. Okay,
so he was raised without proper values. Values matter. You
see the New York Knicks after the game in New York,

(14:25):
the crowd acting like fools. Compare that to the Japanese
fans after their team won the soccer game at FIFA
and they're up there cleaning up. To his credit, so
was Jameis Winston. There's the Japanese fans cleaning up their
area to leave it as tidy as they found it.
There's a commendable culture with the Michael Barrier Grande. I've

(14:47):
spent a lot of time studying highly successful people, and
one thing I find is almost to a tea, almost
to a p They don't get in bar fights, they
don't crash cars at over one hundred miles an hour,

(15:11):
they don't do really stupid impulsive things, but they will
often be described as impulse or I'm sorry, as risk takers.
Of course, the word entrepreneur, you know, this means a
risk taker. And that's what a business creator is, a

(15:36):
risk taker. It's a whole lot safer to go to
work somewhere else where all you have to do is
show up to work, stay as long as they tell
you to stay and leave. Now, that can crush your soul,
depending on the workplace, it can absolutely crush your soul.
And for some people it does. For some people it's

(15:57):
unbearable to do that. Other people they do fine with it.
They have they're happy to not have to worry about things,
and there's nothing wrong with that. So when you look
at Elon Musk, there is a guy who and by
the way, I'm not here to tell you the SpaceX

(16:19):
offering is the greatest thing ever. I'm not a couple
of things to bear in mind, based on emails I received,
they didn't float one point five or one point seven
trillion dollars. They floated seventy five billion. Still makes it
the biggest float in history compared to the Earth. The

(16:42):
biggest before this was five billion. But what they did
is float five percent of the company, and that was
seventy five billion. And yes, there's some great stories of
cafeteria workers at SpaceX who you know, they got stock options,
and you know, McCanns for the company, and and people
who didn't make much money and now they're multimedie and

(17:04):
that's all. That's all great, Okay that if you're fired
up of that, that that's that's good. I'm not for
that or against it. That's not the point of my comments.
It is to tell you that while impulse control is
an important part of growing up, successful risk taking in

(17:25):
a strategic sense is equally important. And I don't mean
jumping off a mountain to see if your Birdman costume
is going to work, because the thirty nine before you didn't.
I don't mean bungee jumping with a with a fishing line.
I mean taking strategic risks where there's a huge upside.

(17:50):
But when you take risks, you understand that the odds
are against you because there's really only two types of business.
There's the business that you're opening that there are a
thousand of already and you're hoping there's a room there's
room for one thousand and one. A lot of people
think you need to be better than all the other

(18:10):
companies in order to succeed. That's not true. You just
need to be good. You need to be good and
available and reliable, and there'd be a big enough market
to support you. There's room for plenty more burger joints.
Every time Smash or five Guys or you know, water
Burger or a new one comes out. There is a

(18:33):
market for some of those, and for some of them
you could say, well, the market's saturated. Men, maybe, but
not for a really good concept. When Steve Jobs came
out with the phone, the iPhone, there were plenty of
phones in the business already, and there was a BlackBerry,
but it was a different phone. And now everybody I

(18:54):
know owns one, except for the people who the texts
are green and they drive me crazy, including my best
friend Uncle Jerry makes me nuts. But anyway, here is
the takeaway from SpaceX. I could talk to you for
a long time about how I think that the retail
public is paying as an exit strategy for the smart
money that got in early. That's another subject for another day.

(19:17):
I do not mean to diminish what Elon has accomplished
and what they will accomplish. What I do want to
do is take from his lesson whether you love him
hate him. Whatever you think of the Tesla car or
the Boring company, or Robotics or SpaceX or whatever else,
there is something to learn from everybody. I saw a

(19:39):
post and I'll read it to you. Elon Musk got
rejected by Netscape. He walked into the lobby, was too
shy to talk to anyone, and walked out, and never
got the job at his first company, zip To, the
board demoted him twice. They refused to let him be CEO.
He got fired from PayPal a CEO while flying to
his own honeymoon. The board voted him out mid air.

(20:02):
He almost died of malaria in two thousand, ten days
in intensive care, lost forty five pounds a day from death.
His first child died at ten weeks old. His first
rocket exploded Falcom one Flight one burned on the pad.
His second rocket exploded, his third rocket exploded. The last
of his money was nearly gone. Tesla nearly went bankrupt

(20:25):
in eight the closest he ever came to a nervous breakdown.
Both companies almost died the same Christmas Eve. He was
sued by investors, mocked by the people who built cars
before him, his childhood. He rose the astronauts who inspired him,
testified against his company to congress. That's against SpaceX oh,

(20:45):
and that one hurt. The cyber truck window shattered on
live stage in front of the world. He overpaid for Twitter,
by his own admission, and watched its value collapse. He
was beaten unconscious as a child and thrown down a
flat of stairs. He has said he goes to sleep
alone and it kills him. Of course, he does lay
with a lot of women. But he failed in public

(21:05):
over and over for thirty years. He's the richest man
in the history of the world. He's also the first trillionaire.
And who would have thought our first trillionaires an African American.
The difference was never the absence of failure. It was
the refusal to stop after it. Let me tell you something,
when you're teaching your kids valuable lessons, do well in school,

(21:31):
all these lessons, none of those are as important as
refuse to lose, refuse to give up. I'm not opposed
to divorce. There are cases of true, irreconcilable differences. I
am opposed to at the first sign of rocky Waters
calling it quits. You made a lifetime commitment. See if

(21:54):
he can't get through it. Every good marriage of fifty
years of war, they can tell you all sorts of stories,
how they struggled, how they lusted for someone else, how
they were separated for periods of time, it wasn't always great,
how that person wasn't who they thought they were going
to be, How she went through a nervous breakdown, or

(22:14):
he went through a rage period. And I'm not again,
I'm not saying there aren't horrible marriages, abuse and things
like that, where someone needs out. If you're starting a business,
if you're joining the military, if you're starting in a
new employment, if you're starting a new program, if you're
getting married, if you're starting a weight loss program, if

(22:34):
you're starting an exercise a strength program, if you're starting
growing a garden, if you're trying to develop a product,
don't quit. The story of SpaceX is not the size
scale scope. The story of SpaceX is here's a guy
who refuses to lose. People who end up on top
refuse to lose. Look at Donald Trump Whens in sixteen.

(22:58):
They cheat him out of twenty five when he came
back in twenty four, refused to lose in everything you doinues?
Do you know Tom Petty does not get credit for
his cool fact that is one ugly lizard looking dude,

(23:20):
But damn he was cool. There's something cool about him,
and not just that he got with Stevie. There's just
a there's like a I don't know that that that
Florida swamp rock, classic rock vibe that that skinner had
made so cool. There's others. I mean, that's just that's

(23:44):
a good vibe to me. You will often hear me
say I use it in speeches. I use it in
interviews because I think it's such a great story. Ed
Sable was the founder of NFL Films, and Ed Sable
had such for site and he was a for sight.
He was a fan, and he went to the first

(24:09):
Super Bowl before it was called Super Bowl, the championship games,
and he carried his big, old, clunky camera and he
got a press pass and his kid, Steve, who now
runs company. I think Steve's out of it now too.
This is a long time ago. It was a six
see twenty twenty six. You're talking about sixty years ago,
a little longer than that, and Ed may be gone

(24:32):
by now. I hadn't looked it up, but I love
this story. So he began telling the stories of the NFL,
and I think he was as responsible for the growth
of the NFL as any individual broadcaster or anything else.
You think of what Howard Cosell added to the game,
for instance, or John Madden the stories, which is bigger

(24:57):
than just the x'es and o's and ed's. You know,
if you don't know what NFL films are, you know
what it is because what's the guy's name, John John
Ferragio or so he's got Yeah, remind me of that
guy's name. But anyway, that's that's the videos you've seen
where they'll say, you know, like if the Raiders are
playing the gusty wind came across the weds West Slope

(25:21):
as the Warriors prepared to meet the gladiators in the cause, well,
Facinda yeah, Fashinda or Facinda yeah, John Facinda. Ed sable
when he was when he retired from business and handed
over to his son Steve, he would go out and
speak to business groups and it's such a powerful, poignant lesson.

(25:42):
He said, you know, here's the lesson in my life.
Tell me a fact and I'll learn it. Tell me
the truth and I'll believe it. But tell me a
story and it'll live in my aren't forever. I've thought

(26:03):
about that. I've thought about that for years and years,
and I have advised. You didn't ask for parental advice.
You didn't ask for marital advice. You didn't ask for
business advice for employees. You didn't ask for but I'm
giving it anyway. Learn to tell stories, because what we do,
as the social animals we are, we tell stories. A

(26:27):
good pastor you can talk about how his message of
that storytelling, A good salesman, he's a good storyteller. That
might include jokes, it might include the background of something,
but it's storytelling. When you court a woman, you're telling
your story. You're hoping she'll pick you out of all

(26:50):
the fish in the sea, and you're painting your story
a little better than maybe it deserves to be. You're
showing your storytelling skills when roses arrived for her or
some other flower, when you get down on your knees
to ask her on one knee and ask her, when
you dedicate a song as we would do when we

(27:11):
were kids on the radio, you're telling your story. Your
story is you're a good guy. You're a loving guy,
You're a romantic guy. Storytelling is so very important. And
when you are making an offering, the biggest offering in history,

(27:33):
and you're about to become the world's first trillionaire, an
African American is going to be the first trillionaire. This
is Elon Musk. You got to be careful in this
country because you got a lot of Elizabeth Warren's and
Bernie Sanders and Alexandria Cassio Cortez and even some people

(27:56):
on our side who are very jealous. Envy, envy. The
Bible is very clear. Don't envy your neighbor for his wife,
don't covet her, don't envy his possessions, don't envy his success.
There are various words for envy, but at the end

(28:16):
of it all, they go down to the root. Caught jealousy.
Why does somebody complain about another worker at work? Jealousy?
Why do people complain about a famous person when you
really can't get to the core of what their real argument.
Jealousy and jealousy has been preached in this country. Thomas

(28:39):
Soul is very clear on this that the great economist
Thomas Soul talks at length about how jealousy is at
the core of socialism. He said, socialists have a remarkable
lack of interest in how wealth is created. As far
as they know, wealth just exist, yes, somehow, and the

(29:01):
only interesting question is how to redistribute it. So what
does Elon do? Elon? Elon is pretty far out there
on the spectrum. He's a genius. That's what gives him
this vision, this ability to see things that I can't see.
Maybe you can see it, I can't see it. So
what he clearly did is he hired some pr folks

(29:25):
and said, how do we deal with this? So I'm
not the most hated man in America, So I'm not
basically Bill Gates. And so he hired some people who
help tell a story. And if you saw on the
day of the h and there's nothing wrong with this,
by the way, but this is the story. You can't
just make money in this country. You have to find

(29:46):
some way to distract from the fact that you've made money.
So Elon begins telling the story of the twenty eight
dollars an hour welder who did well off of this.
You know, the four hundhundred people who will make one
hundred million dollars. They told the story. So you don't think, oh,

(30:06):
this made Elon rich. You'd think, oh, the cafeteria worker
got rich. That's why you're hearing those stories. There's nothing
wrong with that, don't get me wrong. But that's why
CBS News had the story.

Speaker 6 (30:18):
SpaceX stock blasted off in its debut, soaring more than
nineteen percent on the Nasdaq before closing at one hundred
and sixty one dollars a share, making it the largest
initial public offering in history.

Speaker 1 (30:31):
If people had told me this was the going to happen,
I was like, man, you must be smoking some really
good crack.

Speaker 6 (30:38):
The founder in CEO, Elon Musk, already the world's richest man,
became the first ever trillionaire.

Speaker 2 (30:45):
Touting his vision for the future.

Speaker 1 (30:47):
SpaceX wants to be able to take you to the moon,
take you to Mars, and ultimately beyond.

Speaker 6 (30:52):
SpaceX, which includes the rocket company, the satellite internet provider Starlink,
and XAI, also minted more than forty four hundred new millionaires.

Speaker 2 (31:02):
It's pretty unreal.

Speaker 6 (31:03):
Other words, honestly, one of them won Hernandez, a welder
at SpaceX for ten years who was paid both a
salary and shares in SpaceX. As an immigrant, you know,
I was always thought just to work hard, do the
best I can what.

Speaker 2 (31:18):
I do and thanks to space you know what you
see it light at the end of.

Speaker 6 (31:23):
The tunn Do you feel like you've achieved the American dream?

Speaker 2 (31:26):
Yeah? I mean, but there's a reason to stop.

Speaker 6 (31:28):
As for the average investor, experts advice exercising caution.

Speaker 2 (31:32):
If you're buying the stock post IPO.

Speaker 6 (31:34):
Anytime a company that has left probability, you're gonna want
to be patient. And if you can't hold that, it
may not deserve that much super portfolio just yet.