October 6, 2025 • 35 mins
In this episode of The Jon Sanchez Show, Jon, Jason Gaunt and Dr. Dennis Sanchez examine how artificial intelligence is reshaping entrepreneurship and what it takes to thrive in this new era.
They discuss key characteristics of successful AI entrepreneurs—including adaptability, risk tolerance, and a growth mindset—and how these traits influence decision-making in rapidly changing markets.
The conversation also reviews the recent OpenAI–AMD partnership and its implications for data center innovation, scalability, and the expanding world of solopreneurship. Whether you’re an investor, business owner, or professional exploring AI-driven opportunities, this discussion offers timely insights into technology’s evolving role in modern business strategy.
👉 Watch this episode on YouTube: www.youtube.com/@thejonsanchezshow
👉 To learn more about retirement planning and wealth management in Reno, visit: sanchezgaunt.com
Compliance Disclosure: This program is for informational purposes only and should not be considered investment, tax, or legal advice. The views expressed are those of the participants and may not reflect the views of Sanchez Gaunt Capital Management. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Always consult with a qualified financial professional regarding your individual situation before making financial decisions.
They discuss key characteristics of successful AI entrepreneurs—including adaptability, risk tolerance, and a growth mindset—and how these traits influence decision-making in rapidly changing markets.
The conversation also reviews the recent OpenAI–AMD partnership and its implications for data center innovation, scalability, and the expanding world of solopreneurship. Whether you’re an investor, business owner, or professional exploring AI-driven opportunities, this discussion offers timely insights into technology’s evolving role in modern business strategy.
👉 Watch this episode on YouTube: www.youtube.com/@thejonsanchezshow
👉 To learn more about retirement planning and wealth management in Reno, visit: sanchezgaunt.com
Compliance Disclosure: This program is for informational purposes only and should not be considered investment, tax, or legal advice. The views expressed are those of the participants and may not reflect the views of Sanchez Gaunt Capital Management. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Always consult with a qualified financial professional regarding your individual situation before making financial decisions.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Good Monday afternoon to you. Welcome to the John Sanchez
Show on News Talk seven eighty K whitch. It's a
pleasure to be with you. I hope you had a
great weekend and a great day in the market. We
do always want you to have that always always joined
by my very dear friend, my brother, mister Dennis, doctor
Dennis Sanchez, that a doctor. All your fans can finally
(00:22):
relax that you're back this Monthy Jesus, you see some
of these emails and things that the doc got. I mean,
he is becoming a stud in such a short period
of time. It's almost like he was in this market
at one point.
Speaker 2 (00:35):
That's good for Monday.
Speaker 1 (00:37):
I like that. Keeping The audience loves you, man, The
audience loves you. I love the audience. I know you do.
I know you do almost as much as they love
mister Jason got how you doing, prof.
Speaker 3 (00:47):
Good evening, Happy Monday, gentlemen. I could do a good
to be with you.
Speaker 1 (00:51):
Yes, indeed, sayes indeed. Alrighty boys, we got a lot
of great things to talk to everybody about, so let
us get the party started. All right. It's Monday. That
means that's a I Monday that's the reason doctor Sanchez
is joining us, and what a show he has lined up. After,
of course we go through the stock market recap. What
do you tell you everything that happened on this once
again record setting day. You know, gray hair is a
(01:15):
growing faster and faster, Jason in my head, worrying about
how long can it last? You got dark hair? Know
something growing the beard like it.
Speaker 3 (01:29):
You can probably grow a beard like a week. Would
you just not shave today?
Speaker 1 (01:33):
It's two days?
Speaker 3 (01:34):
Okay? Yeah, keep going? I love that's awesome.
Speaker 1 (01:41):
This is oh hey, wait a minute, not hurd this.
This is the phase where it looks disgusting and ugly
and slopping and everything. So that's okay, get give me
another full beard? You're going just full beard? Yeah? I
have contemplated. I can't be And for those of you
that may be new, I mean, I mean what Dennis,
my whole life, I from some eighteen like from eighteen
(02:01):
to twenty three, I had a full beard, and then
then I got told I look like a by a
manager at GMAC where I worked. At the point he says,
shave your beard. You look like a Cinda Nistan gorilla.
You need to get rid of it. You, Yeah, look
like you belong in the jungle. So I had to
shave it. That was about that was about twenty five
years old. Then it was a mustache all the way
(02:21):
up until about I don't know, three or four years ago,
and then yeah, you mustache start getting really great. I'm like, nah,
shaved it. Clients just roused me all the times, like
where's the mustache? Bailey? You you roused me because you said,
you know, when we used to have our billboard up
for the wealth advisors, right on three ninety five, you
said the mustache was like five miles long. Right, she
(02:44):
just put her hands. I'm like, this got rid of that.
But you know the way I look at it though, guys,
I mean I need to be one of the fellas. Okay.
So Jason has a just a beautiful goatee, big and
thick on.
Speaker 3 (02:55):
I can't grow it here, thank you.
Speaker 1 (02:57):
I appreciate that. It's just almost as thick as that
the hair on his head, which I'm so jealous about.
Dennis looks like a doctor, nice gray beard, white. Yeah,
he's just he looks the part. What do I have? Nothing?
So you know what I got the Sanchez gene in me.
So the beard's coming.
Speaker 3 (03:16):
I'm going to be I'm going to be got the voice, right,
You've got the voice. That's the thing, you know, probably
the most powerful in this spot, right, thank you. I
I bump into people and I'm like, yeah, I know,
I look taller on.
Speaker 1 (03:28):
The radio, better than the other I've had. I can't
tell you how many ways people have described me. When
they finally meet me, They're like, you don't look like anything.
I've let your voice. I want to down you. Oh
my goodness. But anyways, all right, so here we go.
(03:50):
Let's get things started. You know, folks, we started what
was the last Monday, Dennis. We started with the solo
AI ner, this solopreneur focusing on building a business, not
just any business, but a solopreneur business all by his
or herself using AI and how we went into great detail.
(04:11):
Please if you miss that show, go back to Spotify iTunes,
listen to our podcast. Matter of fact, I want you
to go to our other website. Jason, I don't know
if you I even told you, but Bailey and I
and Dennis jumped over to podcasters of America. Uh and
we yeah, I think I told you, and we did
it was going to be a half hour follow up
to the to the John Sanchez Show, and it turned
(04:32):
out to be what was an hour and a half?
Bro right, an hour and a half. We ended up
talking about it. It was it was so much fun, you know,
going into in depth. So always you can always go
to our Podcasters of America website and see that full
entire one one and a half hour interview with doctor
Sanchez on the Solopreneur got amazing feedback from many of you.
(04:54):
Dennis was kind enough to give away one chapter of
his his new three You get three.
Speaker 2 (05:03):
Yeah, there's still six left a lot of things.
Speaker 1 (05:07):
Are you giving a chapter? What it is?
Speaker 2 (05:10):
No, I'm given a free assessment to see how people
measure up.
Speaker 1 (05:15):
And there.
Speaker 2 (05:18):
Are I can't even look you through you with that
one the show. Yeah, entrepreneur skills because we've I've been
doing some research and kind of have a little bit
of a profile on what are those traits really skills
that really differentiate the ones that are successful solo entrepreneurs
(05:42):
that are successful and the ones that you know, maybe
still have some upside there. And there are a lot
of successful people making a lot of money as an AI.
Speaker 1 (05:53):
And I'm sure there's a fair amount of failures too. Right,
there's because you have AI, it's still a business and
it's not easy, and you've gotta you gotta, you gotta,
you know, put in the reps, as the saying goes,
to make that business.
Speaker 3 (06:04):
AI doesn't AI help you fail faster.
Speaker 1 (06:08):
Probably do more efficiently. It's not what as painful as
when you go out and you you know, you you
sign a ten year lease on an office or storefront and.
Speaker 3 (06:16):
You're like, oh, what is done in like three and
a half hours?
Speaker 1 (06:19):
Yeah, there you go. That's in and out. You see,
that's a great thing. Are they just going to the
next one? It's like, shut that one up under the
next one. Lots of flexibility with AI. But in all seriousness,
so Dennis, let's let's celebrate what we've got going with
you after Jason as a stock market update. So our
topic today is what does it take to Dennis's point,
what does it take to be an AI entrepreneur? Again,
(06:40):
there's there's a certain set of DNA Jason and I
are going to chime in just from a pure you know,
business DNA. Right, there are some things that you need
to have in your DNA or train yourself to know
how to do this, do that, because it's not a
you know, a basket of peaches. As the saying goes,
there are things I don't care if you're you know,
AI driven man, one woman operation, there's some things you
(07:02):
need to know. And so between our real life experiences,
Dennis's real life experiences and Dennis's academic scholarly experiences and advice,
you're going to be all dialed in on again, what
does it take to be an AI entrepreneur? Now? What
is your giveaway today? Bro? I wouldn't get a chance
that we had such a business.
Speaker 2 (07:22):
After we go through the trades today, we're going to
probably just have time for the personal mindset and character
traits that are consistent with through the research, consistent with
the solo entrepreneurs that were successful have been successful. And
again I mean big, big time successful businesses being bought,
(07:46):
multimillion dollars, all those kinds of things. And of course
the common theme and what they're doing is they're using
AI so that they can run their company with one person.
But we've got the the external types of traits like
being able to learn how to use technology stuff like that.
We also have so much of the internal traits that
are important, and we're going to go over those. And
(08:08):
at the what I'm offering is a free assessment. I
have an assessment. I'll send it to anyone who's interested,
just to answer the questions. Can you'll be able to
kind of measure yourself against the people that that that
the profiles that have proven to be successful. It's not
to make you feel bad. It's more to kind of
let you know that these are these things you can
(08:28):
you can learn them. A lot of it is learning
and just having to write attitude.
Speaker 1 (08:32):
Right right exactly. And what I love about that assessment, Jason,
is you get a chance to see your weaknesses right,
almost like a trader or an athlete. It's like, hey,
I think I'm ready for this. I mean, you're a runner, Jason,
Hey I'm ready for this, this this half marathon or
this marathon. Oh, let me go out and run ten
miles up. I'm not quite ready.
Speaker 3 (08:49):
I'm gonna give up run across the street at this point.
Speaker 1 (08:51):
Yeah exactly. But but but it gives you that ability
to see, you know where you're ready, and you may go,
oh my god, you know, I I of this thing
this assessment, I'm ready to go, and they a lot
of times, guys, that's that's of course. People just need
that last bit of validation before they make that plunge,
you know, into uh, into something else. And so yeah,
that's gonna be a that's gonna be very very interesting.
(09:14):
Uh So you're not giving away you're done with the
chapter giveaway.
Speaker 2 (09:16):
Just to be clear, this this week, I am because
the book is actually going to be available, the full
book next week. Beautiful at this time. So maybe, yeah,
we'll do something around that. And then I have to
let you know I've already started working on a couple
more on this topic, getting deeper and deeper to this time.
This topic, I love it, and there's a lot to learn.
Speaker 1 (09:36):
Yes, there is such an exciting time period. Well, geez, Jason,
let's get right to the stock market side of the
Speaking of AI, let's let's talk a little a m
D Advanced micro Devices and our dear friends over at
open ai. These deals never stopped coming, do they. It
was a big time in today's market. Rally would have.
Speaker 3 (09:52):
Thought that video would give open ai a big cash infusion,
and then they're going to spend it on a m
D chips. But yeah, you want to talk about.
Speaker 1 (10:00):
That'll be me and Sam malt And, the founder co
founder of open ai, did this when he made the
phone call to uh Jensen Wong, the CEO of a
Navidian go Heny. Buddy, I know, we talked a couple
of weeks ago about this hundred billion, one hundred billion
that you're going to give me, and you know we're
going to buy the chips back from you and we're
gonna do all this stuff. But I got this little thing. Look,
(10:22):
something happened over the weekend. Side project, a little side project.
But the good news is it's not as big a
deal as the hundred billion. But I'm taking some chips
from one of your competitors, meaning I mean that's moonshot.
Speaker 3 (10:35):
I mean, yeah, stalk up twenty three percent today. Open
ai is going to be a six gigawatt commitment, I
think commitment for next generation AI.
Speaker 1 (10:46):
Want multiple instill wanted. She and I were talking about
this earlier. We're actually going to do a YouTube on
this real quick. But she said, look, you guys keep
talking about these gigawatts when you talk AI. Can you
please explain how gigawatts relate to AI? So what do
you want to tackle that real.
Speaker 3 (11:02):
Quick onwats Yeah, from uh back to the future. That's
where I always go back to.
Speaker 1 (11:09):
Sorry, Remember folks, one gigawatt powers seven hundred and eighty
thousand homes. Just kind of use that, Just use that.
So we're talking a six gigawatt project that AMD and
open Ai announced today. So you know, let's just round
the numbers up. Eight hundred gigle way at the time sicking,
that's four hundred and eighty thousand homes. So let's back
(11:30):
that down a little bit. So we are we talking
enough power to power four hundred thousand homes. It is
a big project. It is a bunch of chips.
Speaker 3 (11:37):
Yeah, I mean, and again they're just talking about the
amount of power that will this facility can handle in
terms of ingesting in order to create an output of
some kind or data storage, et cetera. So they're not
making power. They're just saying I can take this much
juice into my It's almost like a you know, a
(11:59):
V eight verse versus a four cylinder, right, is like
this thing is drinks a lot of gas and it
can put out a ton of horse power versus a prius, right,
And I think that's really what they're saying is that's
how massive this endeavor will be. Is we're going to
build something that's ginormous in terms of the power that
will be putting out. But they talked about, you know,
(12:20):
open AI in this relationship has more to do with
warrants right where they'll have the ability to buy a
MD shares. They're trying to create more of a true
connection versus a circular you purchase my chips from me later.
I think they're trying to create more of a framework
for what's that.
Speaker 1 (12:40):
You're being so nice you think it's circular accounting all
over again.
Speaker 3 (12:46):
Yeah, I mean, I think time will. I think it's
also the fact that they're going to be winners, and
we've talked about there will be losers and there aren't
going to be fifty winners, no, right, And so if
you're open Ai or Google or Meta or someone like that,
now's the time to spend like.
Speaker 1 (13:08):
Taking AMD through these warrants. Let's talk about that when
we come back, because this is going to be a
new way potentially that we may see other companies there.
So let's let's make sure everybody has a good understanding
because yeah, it's I'm gonna I'm gonna sick to my
term jays. What you say, circular accounty just another county
version two point of time. That is, let's tart over
to Christmas snow right now, traffic center. Hello, Christen, Welcome
(13:34):
back to the John Sanchez Show on News Talk seven
eighty k o AH with Jason Gaunt and of course
my brother, doctor Dennis Sanchez. All right, here's how we
finished up on the market that we wanted to come
back real quick to the big story of the day,
which was the Advanced micro Devices and Open AI announcement
early this morning. All right, So how'd we finish. It
is a sloppy day all day on the dow side
of things, definitely. That's kind of like on Friday worst levels.
(13:55):
We were down almost three hundred at our worst level
early this morning, bounce back a bit, finished down sixty three,
No deal. Six to ninety four was our close. Naszak
and the SP though a record finished Nazak up one
hundred and sixty one points point seven one percent, closing
at twenty two thousand and nine forty one SP at
twenty four point thirty six percent to a record close
a six thousand and seven, forty eighty four cent rise
(14:16):
on oil to sixty one sixty nine a barrel and
a sixty six yes you heard me correct, sixty six
dollars and eighty cent game on goal three thousand, ninety
seventy five ninety. So I said Jason this morning, it's like,
this is probably, in my opinion, probably going to be
the week, or I shouldn't say probably, I'll get in
trouble with compliance. This has a good probability this week
(14:36):
that we could see gold potentially break four thousand.
Speaker 3 (14:40):
The technicals are leading us to think it would be
at four thousand at some point.
Speaker 1 (14:43):
Yeah.
Speaker 3 (14:44):
Absolutely, there's the magnet, all those big round numbers, right,
like that strategy on stocks. If it gets to ninety,
it tends to go to one hundred. I think that's
the next spot on the on the chart for sure.
But it's it's been a crazy move absolutely, and weakness
and the dollar on flip side too, is a big
reason for the strength and gold that we've seen. Silver
(15:04):
iiO has been an absolute moonshot this year.
Speaker 1 (15:08):
All Right, we're gonna get try to doctor Sanchez here momentarily.
What does it take to be an AI entrepreneur wrap
it up on the bond market. Four basis point increase
on the ten yure four sixteen Supposedly another votes being
tried by the Democrats today, but still obviously we have
a government shut down. Now back to the big story
of the day announced earlier this morning in Advanced micro
Devices is selling quote ten percent stake in AMD of
(15:30):
their company to open AI in exchange for a very
very large and we don't really have the dollar amount,
by the way, very large purchase six gigawatts worth of
AMD chips in exchange. AMDs turn around and giving warrants
to open AI chase. Let's start off with let's go
back to our series seven early study days. What the
(15:52):
heck is a warrant.
Speaker 3 (15:54):
Warren is the option to buy shares of stock. So
it's not instantly diluted. It's diluted at certain prices. So
it's not like they if you're a shareholder of record
for a MD today, you own less of the company,
but at a specific price, by a specific time, you
could be diluted. And that's why the structure them exactly.
Speaker 1 (16:15):
Objectives are obtained by open as sure.
Speaker 3 (16:17):
Then some more answer tied to milestones et cetera. Some
are tied to stock price. It depends on how they're structured,
for sure.
Speaker 1 (16:25):
Yeah. Absolutely, And once again we use this term circular accounting.
And we talked about a nauseum. You know how what
open Ai did with with Navidia, and you know that
one hundred billion dollar deal. Now here, let's give you
a ten percent ownership of our company. In exchange, you're
going to buy six giggle OT's worth of chips and uh,
(16:46):
you know, go forward from there. So bottom line, let's
go at you that original question. Then we'll move on
what a six giga why it makes? Okay? So here's
something that that has occurred to me, guys that I
never really thought about before, and that is if you
know this, with these data centers which the talk of,
you know this is everywhere they're not measured in square
footage or number of employees or they're measured, right, is
(17:08):
going to You're right, they're measured in gigawatts, right, So
that tells us like the open Ai Navidia that was
what ten gigawats if I remember, or was it eight
somewhere around there, It wasn't as big as today's announcement
with am D but it was it was way up there.
So now that's how we measure how big these data
centers are going to be and therefore how many chips
and GPUs, et cetera that they're going to need to
(17:30):
run these things. Bottom line, they're massive. And then we
put that again that analogy of the seven hundred and
eighty thousand homes is what one gigawat with power. So
you take again, you know, this amount that was announced today,
the six gigawats, and you do the math and go,
this is another big facility, you know, guys, I mean
(17:50):
open Ai went out to the marketplace last week they
raised what was it, Jason, five hundred billion, Yep, it was.
It's crazy, I mean out of capital that's being pumped capacity.
Speaker 3 (18:02):
Yeah, yeah, it uh, it is interesting for sure, Well
we'll see.
Speaker 1 (18:10):
Yeah.
Speaker 3 (18:11):
You know, we're saying in terms of like paying customers
and how they're going to monetize and all that sort
of stuff, right, It it makes your brain stretch to think.
I mean, you know, we're constantly discussing a copilot for example, right,
and the monetary influx from there versus what the costs
for these some of these things are. It's it's interesting
(18:31):
math to say we spend you know, hundreds of billions
of dollars to make thirty bucks a month off, you know,
And it's just it what we said. We've heard a
lot of bubble chatter. We'll continue to hear a bubble chatter,
you know. Paul Truder Jones was on today talking about
you know that you could see a absolute massive rally
(18:52):
before a massive crash, right, and so he just thinks
that you need to be leaning more long than short
right now, thanks, and that there's still more air for
the bubble.
Speaker 1 (19:03):
But you said our philosophy, which is you got to
be nimble, right, Oh, you have to, but be ready
to bail when when When when the tide turns? Because
I was just telling this to someone earlier today, and
I know both of you agree when it turns, not if,
but when it turns, whether it's a month from now,
six months, six years, whenever, it's going to be fast.
Speaker 3 (19:22):
In my opinion, Yeah, it'll be a thing, right, it'll
be uh in video saying something or someone open eye
AI saying something that you know, some sort of peak
production or peak output or something along those lines that
then someone like I said, someone will do the math
where like the I forget who the company was. Pretty
(19:46):
recently the issue we had from China. What the heck
was that company called the Deep Seek?
Speaker 1 (19:50):
Thank you?
Speaker 3 (19:51):
Right, there'll be another Deep Seek type moment where someone'll
be like, wait a minute, like we talked about, Yeah,
exactly if the efficacy of these things.
Speaker 1 (20:00):
Are three to five years, fear and more so than me.
Speaker 3 (20:03):
But I do you quanotize it, like, well, you can't
make money, bro.
Speaker 1 (20:08):
Here's what Jason says. He goes, my fear is in
five years because technology, to his point, is going to change.
It's changing so fast, right, you gotta figure they're gonna
be building you know, power is the big issue. Can
go build these sites all you want, you still got
a power them and hints why these little i'll call
them pop up nuclears. You know, sites are going to
be appearing everywhere. But to Jason's what he's like, I predicted,
would you say in five years they're gonna be basically
(20:30):
an empty warehouse?
Speaker 3 (20:32):
Yeah, because the I mean that. And also in three
to five years they got to redo all the chips
inside of them. And that's part of where this warrant
thing is, right, that there is no spend. It's just
like a circular. Hey, we're here to keep refreshing your system,
and you pay us based on It's almost like a
SaaS model, you know what I mean. It's just chips
is a service instead of software, right, And you're not
(20:55):
just buying chips the new General, the iPhone seventeen. They're
just prepared actually getting new chips and aging out the
old ones and then those are sold off to pedestrian
aight I centers of some kind versus the cutting edge guys,
because you know there's always there's the.
Speaker 1 (21:12):
Next new one, new car every five years, right, even but.
Speaker 3 (21:16):
Like on steroids, right, Like yeah, like you have to
have a new car because your car doesn't run on
the fields.
Speaker 1 (21:23):
It's done, right.
Speaker 2 (21:24):
So one more point to consider. And I actually had
Amazon as a customer in the early days when I
worked for he Packard, and they were they were building
their data centers for the cloud. A lot of these
data centers never get built and remember, you know, think
about and Microsoft has canceled them, you know, recently. So
(21:48):
it's kind of it's it's flash, it's it's you know,
it's just an embellished point that just to make people
feel like, oh man, we're gonna take you know, we're
building all this stuff tomorrow. They could pick up the
phone and say, no, we're not. We're gonna do something
else because.
Speaker 1 (22:05):
Remember, remember you're so freaking smart, bro, remember folkvate credit.
Yeah they're not. They're not buying these these sites, folks. Yeah,
these buildings.
Speaker 3 (22:14):
They private credit is.
Speaker 1 (22:15):
Private credit is. And back to Jason's concern, Yeah, of
private credit right, cheap money right now? But uh but yeah,
private credit. So if Jason wants to open an AI
center and I'm private credit, I'm gonna go. Jason. You're
a great, good looking guy, you got money, you got
experience here. Just sign this lease. That's all you gotta do.
You know, guarantee this for five years. I will take
all of the risk. I will build it, i will
(22:36):
supply it out, I'll do it. I'll do everything used
paying me a lease payment two years from now. Jason goes,
remember back in twenty twenty five, I was looking real
good and I had all kinds of money. Guess what,
I'm bankrupt now, Sorry, John, No least payment right then?
What how do you how do you use these centers,
these multi billion dollars in it as a marketing piece.
More exactly got enough malls. Thurn over to Jack Saban
(23:01):
News traffick of weather. Hey Jack, welcome back to the
John Sanchez Show on Newstoc seven to eighty k which
with doctor Dennis Sanchez and Jason gott All right, once again,
we finished down sixty three on the Dow, up one
sixty one on the Nazak twenty five point game or
twenty four point gain on the SMP with the Nazak
SMP closed on the record levels. All right, well, we
want to try to help you set some records. Right.
(23:22):
How about you thinking about the world of solopreneur Because
of AI you do this new business is AI driven
right again, as we shared with you last week, so
many business owners now are being created because of AI.
As we said, Dennis gave a great example last week,
you literally can have a business up and running in
a matter of hours. It'll write your marketing plan, it'll
(23:42):
create your social media post announcing, it'll create your website.
I mean, it just goes on and on. But not
it's not for everybody. It's not for everybody, right, Some
people just don't have the DNA or maybe they're not
quite ready to make the plunge into solopreneurship. So Dinnis
is put together a great list we're going to hammer
through real quickly in regards to what are some of
(24:04):
the already successful traits of a solopreneur and then why
does this matter? So Dinnis, I want to before we
get started in this, do you mind if we just
real quickly, real quickly talk about a company that you
introduced me to. And I just mean you say, hey,
look at this not a physical introduction to a company
over the weekend called ados. I get some pronouncecent ad
(24:26):
au d os au d o s. We are not
recommending this company. I just find it absolutely intriguing. But this, folks,
tells you how important this AI topic is for solopreneurship. Dinnis,
real quickly, what does autos do?
Speaker 2 (24:39):
They are an AI, a solopreneur incubator so and and
they blend the AI into the process. They have a
process that basically, as soon as you log in, they're
asking you questions about what you know about your business,
what you're thinking about each moment, they're bringing uh ideas
(25:04):
and recommendations. For example, if you said I'm thinking of
it doing this and this next thing. You know, you
look at the screen, it says, well, out of all
these these twelve that are related to that, what are
the top three you're thinking about. By the end of
the process, you're you're ready to launch a business. If
they will create the logo everything. This is within fifteen
minutes of logging in. And then they do something really interesting.
Speaker 1 (25:27):
I just love this model.
Speaker 2 (25:28):
They go out and test market your idea with one
hundred people and if they if they get a good response,
they actually get involved with you to They'll fund you
with They'll give you twenty five thousand dollars, they'll help
you build the technology, and then return they get a
(25:49):
percentage of your revenues.
Speaker 1 (25:51):
You know, for the future of the company, right, or
they get reue.
Speaker 2 (25:58):
Revenues revenues okay, but the bottom their goal is to
launch thousands, thousands.
Speaker 1 (26:04):
Of these folks. How important what we're talking about on
Monday's right, Jason on this subject and Dennis, this is folks,
this is what's going on. This isn't something we're making up.
There's here, here's a company, you know, a dog on. Well,
they've got to be venture capital backed or private equity
back right, They're sitting out on the massive credit line
and the venture capitalists go, hey, you know autos, here
(26:25):
you go, here's whatever. Let's just pick a one hundred
million dollars, right, you put this company together. You let
the entrepreneur take all the risk, all the money twenty
five grand nothing to these companies go do it, and
it's kind of like shark tank. What you know, one
out of I don't know, pick a number twenty five,
one hundred whatever are going to make it. But maybe
they're going to be the next Google or the next
Facebook or something.
Speaker 3 (26:45):
Right.
Speaker 1 (26:45):
I mean, but I love, Dennis. One of the most
important things you just said how fast it can be
done and vetted? Right, I mean, hey, I can't do
anything else, Okay, So yeah, so thank you for sharing that.
Very I had no idea company like that existed. All right,
So let's talk about our first trait of a solopreneur, right,
growth mindset. In other words, you've got to have belief
(27:07):
in the ability to learn and to improve. Why does
that matter it.
Speaker 2 (27:14):
This industry, the AI industry is like no other industries. Quickly,
as we know, technology moves, AI moves at a whole
different speed. So there is an added emphasis on being adaptable,
being open minded. The thing about having a growth mindset,
it means you're open minded, you're willing to learn, You're
(27:35):
willing to take risks and make mistakes. But there are
no such thing as bad mistakes. You actually learn by
decisions and things you make that don't work out, You
learn and you just keep iterating. That's that's the whole
idea behind growth mindset, which is so applicable you know,
and in this in this role and the role of
a sopreneur solopreneur so and that it actually comes from
(27:58):
a woman named Carol Dwack who is the mother of
both mindset. There are the whole companies that follow this
this philosophy because it means you are learning all the
time and growing all the time.
Speaker 1 (28:12):
I can, yeah, you're learning, so Jason, where you learn business,
you learn whatever your product or services, but you're also
always learning business. Right, it never stops, never stops.
Speaker 3 (28:22):
Impressive.
Speaker 1 (28:23):
But as we were chatting out their with AI, it's
learning like a light speed because the technology and everything
is changing so fast.
Speaker 2 (28:33):
And to your point you mentioned something earlier during the break.
These are also very relevant for any entrepreneur. It's yes,
they're consistent, but I would say there's they're just a
degree stronger when we're talking about an AI solo entrepreneur
because it's just a different environment. And guess what, you're
all by yourself making decisions, running a business entirely by yourself.
Speaker 1 (28:57):
Yes, indeed, well or unless you call AI, you're right,
your amigo or harmanos. All right, we'll poun through it.
Let's keep it going. Let's wrap it up with the
Kristen Snow right now traffic center. No AI driven traffic report,
at least from this lady. She does it all live.
That's why it's so good. How are you, my dear,
(29:21):
Welcome back to the John Sanchez showing this doc seven
to eighty k which our very special guest as he
is each and every Monday, doctor Dennis Sanchez, the AI doctor,
and of course Jason Kant and myself. All right, well, yeah,
began our discussion on what does it take to be
an AI entrepreneur. So first trade is you got to
have the growth mindset. In other words, you have to
have belief in the ability to learn and to improve.
Let's go to our second one, Jason, this is an
(29:42):
interesting one.
Speaker 3 (29:44):
I mean risk tolerance. I mean again these are Dennis
put this list together. I thought this one was dynamite
about just being independent yet uh knowing that you have
some tolerance for risk, because certainly if you're working by yourself,
there's no one to fall back on, right, You've got
to potentially leave secure jobs or conventional jobs and do
something that's cutting edge, right and utilize a new technology
(30:05):
to build a new business. You've got to have some
uh some some some good inner strength in order to
stay confident through that. And it certainly seems like something
that one would need for for this type of a
decision for sure.
Speaker 1 (30:20):
Then that's what does this matter?
Speaker 2 (30:24):
Well, you're not going to survive if you if you
can't deal with the uncertainty. AI brings a lot of
uncertainty with it on a lot of different levels. First,
you have the uncertainty of I'm starting a new job
and new career potentially with with this entrepreneur role. Then
you have the uncertainty with the technology is it actually
(30:47):
going to do what you know? I'm depending on it
to help me so I can run a business by myself.
So what's a common thing there is trust and you
also have to trust yourself that you'll get through. You'll
figure it out. That's a big, big theme. You know
I can figure it out. I know it's going to
be rough, I'll make mistakes. I have a growth mindset.
I'm risk tolerant. I can deal with the risk because
(31:09):
I have confidence in myself.
Speaker 1 (31:10):
Right. That's the key right there. You have to have
the confidence in yourself no matter what. Remember AI is
it's still young, it's still a baby, it's still learning.
It's not one hundred percent fool proof. It still makes mistakes.
So when that happens, you have to have that ability,
like you just said, to fall back on yourself. Let's
say six. It takes us to your next trade, which
is resilience perseverance through different setbacks. I always give the
(31:33):
analogy when we talk about business, and that is an entrepreneur.
If there's a I'll use the term a roadblock, iea challenge.
We don't call them problems in business, we call them challenges.
An entrepreneur doesn't try to figure out how to go
over that right like a road barrier. He or she
figures out I'm going to go left or I'm going
to go right. So why is that important.
Speaker 2 (31:53):
Well, you've got to have perseverance to these setbacks. And
all the case studies that I looked at and trying
to identify these traits, that was probably one of the
most common ones. Every single story they had setbacks they
and they had to keep going, sometimes starting over from scratch.
Speaker 1 (32:14):
You know.
Speaker 2 (32:14):
It just ties in with with with everything else.
Speaker 1 (32:16):
But really bounce back when you're launching and so on
and so forth. But like what Jason and I are
going through, like with you, and this is positive. We
are moving to the next level, right, we are bringing
things to our clients that no one has ever seen
before that that we're so very excited about AI driven
type of adopted adaption and so on and so forth.
(32:38):
But it doesn't You can start a business today and
it may be great, but guess what you're going to change.
The marketplace is going to change. Everything's going to change you.
That keyword you made up is resilience. Right, you have
to be adaptable. I call it being gut like gumby.
You gotta be able to bend and go all different directions.
Jason rap us up on adaptability.
Speaker 3 (32:57):
I mean it's along those lines. You need to be
able to pivot when something that you were focused on
doesn't work or needs to be changed, right, you need
to maybe your idea you envisioned it is good for
this thing, and turns out it's actually really really really
good for this other thing. Right, And so just you know,
have a good idea and focus on it and let
(33:17):
it sort of adapt and change with because everything's changed,
nothing's nothing's the same anymore.
Speaker 1 (33:22):
That's yeah, did this with thirty seconds? Wrap it up
on the importance of these traits of a solo opreeneur.
Speaker 2 (33:29):
Well, very very important, very important. Of course, you know,
stating the obvious. You can learn these traits too. You
don't have to arrive with a set of these traits
already at full capacity at the highest level. We all
have room to grow. But also I want to mention
that alongside these are are a set of business traits
(33:50):
that that you also need, yeah, be successful. And it's
the combination of the two of that really makes a difference.
Speaker 1 (33:58):
Beautiful. I know you already send an email Bailey at
Sanchez got dot com be a I L E. Yet
you got to give out this list. This is great
with a chance to go through it all. So let's
say Bailey at Sanchez Gott dot com will get you
this list. Great job, bro, excellent job. As always Jason.
We will do to you tomorrow on the John Sanchez Show.
God Let's have a great afternoon. Thank you. John Sanchez
(34:20):
is a registered investment advisor, and the opinions expressed by
Sanchez Gone Capital Management, LLC on the show or their
own and do not reflect the opinions of News Talks
seven eighty or its pairing company, Cumulus Media. All statements
and opinions expressed are based upon information considered reliable, although
it should not be relied upon. As such, Any statements
or opinions are subject to change without notice. Information presented
(34:43):
is for educational purposes on the end, does not intend
to make an offer or solicitation for the sale or
purchase of any specific securities, investments, or investment strategies. Investments
involve risk, and, unless otherwise stated or not guaranteed, information
expressed does not take into what mak ount your specific
situation or objectives, and is not intended as recommendations appropriate
(35:05):
for any individual. Listeners are encouraged to seek advice from
a qualified tax, legal, or investment advisor to determine whether
Any information presented may be suitable for their specific situation.
Past performance is not indicative of future performance.
Good Monday afternoon to you. Welcome to the John Sanchez
Show on News Talk seven eighty K whitch. It's a
pleasure to be with you. I hope you had a
great weekend and a great day in the market. We
do always want you to have that always always joined
by my very dear friend, my brother, mister Dennis, doctor
Dennis Sanchez, that a doctor. All your fans can finally
(00:22):
relax that you're back this Monthy Jesus, you see some
of these emails and things that the doc got. I mean,
he is becoming a stud in such a short period
of time. It's almost like he was in this market
at one point.
Speaker 2 (00:35):
That's good for Monday.
Speaker 1 (00:37):
I like that. Keeping The audience loves you, man, The
audience loves you. I love the audience. I know you do.
I know you do almost as much as they love
mister Jason got how you doing, prof.
Speaker 3 (00:47):
Good evening, Happy Monday, gentlemen. I could do a good
to be with you.
Speaker 1 (00:51):
Yes, indeed, sayes indeed. Alrighty boys, we got a lot
of great things to talk to everybody about, so let
us get the party started. All right. It's Monday. That
means that's a I Monday that's the reason doctor Sanchez
is joining us, and what a show he has lined up. After,
of course we go through the stock market recap. What
do you tell you everything that happened on this once
again record setting day. You know, gray hair is a
(01:15):
growing faster and faster, Jason in my head, worrying about
how long can it last? You got dark hair? Know
something growing the beard like it.
Speaker 3 (01:29):
You can probably grow a beard like a week. Would
you just not shave today?
Speaker 1 (01:33):
It's two days?
Speaker 3 (01:34):
Okay? Yeah, keep going? I love that's awesome.
Speaker 1 (01:41):
This is oh hey, wait a minute, not hurd this.
This is the phase where it looks disgusting and ugly
and slopping and everything. So that's okay, get give me
another full beard? You're going just full beard? Yeah? I
have contemplated. I can't be And for those of you
that may be new, I mean, I mean what Dennis,
my whole life, I from some eighteen like from eighteen
(02:01):
to twenty three, I had a full beard, and then
then I got told I look like a by a
manager at GMAC where I worked. At the point he says,
shave your beard. You look like a Cinda Nistan gorilla.
You need to get rid of it. You, Yeah, look
like you belong in the jungle. So I had to
shave it. That was about that was about twenty five
years old. Then it was a mustache all the way
(02:21):
up until about I don't know, three or four years ago,
and then yeah, you mustache start getting really great. I'm like, nah,
shaved it. Clients just roused me all the times, like
where's the mustache? Bailey? You you roused me because you said,
you know, when we used to have our billboard up
for the wealth advisors, right on three ninety five, you
said the mustache was like five miles long. Right, she
(02:44):
just put her hands. I'm like, this got rid of that.
But you know the way I look at it though, guys,
I mean I need to be one of the fellas. Okay.
So Jason has a just a beautiful goatee, big and
thick on.
Speaker 3 (02:55):
I can't grow it here, thank you.
Speaker 1 (02:57):
I appreciate that. It's just almost as thick as that
the hair on his head, which I'm so jealous about.
Dennis looks like a doctor, nice gray beard, white. Yeah,
he's just he looks the part. What do I have? Nothing?
So you know what I got the Sanchez gene in me.
So the beard's coming.
Speaker 3 (03:16):
I'm going to be I'm going to be got the voice, right,
You've got the voice. That's the thing, you know, probably
the most powerful in this spot, right, thank you. I
I bump into people and I'm like, yeah, I know,
I look taller on.
Speaker 1 (03:28):
The radio, better than the other I've had. I can't
tell you how many ways people have described me. When
they finally meet me, They're like, you don't look like anything.
I've let your voice. I want to down you. Oh
my goodness. But anyways, all right, so here we go.
(03:50):
Let's get things started. You know, folks, we started what
was the last Monday, Dennis. We started with the solo
AI ner, this solopreneur focusing on building a business, not
just any business, but a solopreneur business all by his
or herself using AI and how we went into great detail.
(04:11):
Please if you miss that show, go back to Spotify iTunes,
listen to our podcast. Matter of fact, I want you
to go to our other website. Jason, I don't know
if you I even told you, but Bailey and I
and Dennis jumped over to podcasters of America. Uh and
we yeah, I think I told you, and we did
it was going to be a half hour follow up
to the to the John Sanchez Show, and it turned
(04:32):
out to be what was an hour and a half?
Bro right, an hour and a half. We ended up
talking about it. It was it was so much fun, you know,
going into in depth. So always you can always go
to our Podcasters of America website and see that full
entire one one and a half hour interview with doctor
Sanchez on the Solopreneur got amazing feedback from many of you.
(04:54):
Dennis was kind enough to give away one chapter of
his his new three You get three.
Speaker 2 (05:03):
Yeah, there's still six left a lot of things.
Speaker 1 (05:07):
Are you giving a chapter? What it is?
Speaker 2 (05:10):
No, I'm given a free assessment to see how people
measure up.
Speaker 1 (05:15):
And there.
Speaker 2 (05:18):
Are I can't even look you through you with that
one the show. Yeah, entrepreneur skills because we've I've been
doing some research and kind of have a little bit
of a profile on what are those traits really skills
that really differentiate the ones that are successful solo entrepreneurs
(05:42):
that are successful and the ones that you know, maybe
still have some upside there. And there are a lot
of successful people making a lot of money as an AI.
Speaker 1 (05:53):
And I'm sure there's a fair amount of failures too. Right,
there's because you have AI, it's still a business and
it's not easy, and you've gotta you gotta, you gotta,
you know, put in the reps, as the saying goes,
to make that business.
Speaker 3 (06:04):
AI doesn't AI help you fail faster.
Speaker 1 (06:08):
Probably do more efficiently. It's not what as painful as
when you go out and you you know, you you
sign a ten year lease on an office or storefront and.
Speaker 3 (06:16):
You're like, oh, what is done in like three and
a half hours?
Speaker 1 (06:19):
Yeah, there you go. That's in and out. You see,
that's a great thing. Are they just going to the
next one? It's like, shut that one up under the
next one. Lots of flexibility with AI. But in all seriousness,
so Dennis, let's let's celebrate what we've got going with
you after Jason as a stock market update. So our
topic today is what does it take to Dennis's point,
what does it take to be an AI entrepreneur? Again,
(06:40):
there's there's a certain set of DNA Jason and I
are going to chime in just from a pure you know,
business DNA. Right, there are some things that you need
to have in your DNA or train yourself to know
how to do this, do that, because it's not a
you know, a basket of peaches. As the saying goes,
there are things I don't care if you're you know,
AI driven man, one woman operation, there's some things you
(07:02):
need to know. And so between our real life experiences,
Dennis's real life experiences and Dennis's academic scholarly experiences and advice,
you're going to be all dialed in on again, what
does it take to be an AI entrepreneur? Now? What
is your giveaway today? Bro? I wouldn't get a chance
that we had such a business.
Speaker 2 (07:22):
After we go through the trades today, we're going to
probably just have time for the personal mindset and character
traits that are consistent with through the research, consistent with
the solo entrepreneurs that were successful have been successful. And
again I mean big, big time successful businesses being bought,
(07:46):
multimillion dollars, all those kinds of things. And of course
the common theme and what they're doing is they're using
AI so that they can run their company with one person.
But we've got the the external types of traits like
being able to learn how to use technology stuff like that.
We also have so much of the internal traits that
are important, and we're going to go over those. And
(08:08):
at the what I'm offering is a free assessment. I
have an assessment. I'll send it to anyone who's interested,
just to answer the questions. Can you'll be able to
kind of measure yourself against the people that that that
the profiles that have proven to be successful. It's not
to make you feel bad. It's more to kind of
let you know that these are these things you can
(08:28):
you can learn them. A lot of it is learning
and just having to write attitude.
Speaker 1 (08:32):
Right right exactly. And what I love about that assessment, Jason,
is you get a chance to see your weaknesses right,
almost like a trader or an athlete. It's like, hey,
I think I'm ready for this. I mean, you're a runner, Jason,
Hey I'm ready for this, this this half marathon or
this marathon. Oh, let me go out and run ten
miles up. I'm not quite ready.
Speaker 3 (08:49):
I'm gonna give up run across the street at this point.
Speaker 1 (08:51):
Yeah exactly. But but but it gives you that ability
to see, you know where you're ready, and you may go,
oh my god, you know, I I of this thing
this assessment, I'm ready to go, and they a lot
of times, guys, that's that's of course. People just need
that last bit of validation before they make that plunge,
you know, into uh, into something else. And so yeah,
that's gonna be a that's gonna be very very interesting.
(09:14):
Uh So you're not giving away you're done with the
chapter giveaway.
Speaker 2 (09:16):
Just to be clear, this this week, I am because
the book is actually going to be available, the full
book next week. Beautiful at this time. So maybe, yeah,
we'll do something around that. And then I have to
let you know I've already started working on a couple
more on this topic, getting deeper and deeper to this time.
This topic, I love it, and there's a lot to learn.
Speaker 1 (09:36):
Yes, there is such an exciting time period. Well, geez, Jason,
let's get right to the stock market side of the
Speaking of AI, let's let's talk a little a m
D Advanced micro Devices and our dear friends over at
open ai. These deals never stopped coming, do they. It
was a big time in today's market. Rally would have.
Speaker 3 (09:52):
Thought that video would give open ai a big cash infusion,
and then they're going to spend it on a m
D chips. But yeah, you want to talk about.
Speaker 1 (10:00):
That'll be me and Sam malt And, the founder co
founder of open ai, did this when he made the
phone call to uh Jensen Wong, the CEO of a
Navidian go Heny. Buddy, I know, we talked a couple
of weeks ago about this hundred billion, one hundred billion
that you're going to give me, and you know we're
going to buy the chips back from you and we're
gonna do all this stuff. But I got this little thing. Look,
(10:22):
something happened over the weekend. Side project, a little side project.
But the good news is it's not as big a
deal as the hundred billion. But I'm taking some chips
from one of your competitors, meaning I mean that's moonshot.
Speaker 3 (10:35):
I mean, yeah, stalk up twenty three percent today. Open
ai is going to be a six gigawatt commitment, I
think commitment for next generation AI.
Speaker 1 (10:46):
Want multiple instill wanted. She and I were talking about
this earlier. We're actually going to do a YouTube on
this real quick. But she said, look, you guys keep
talking about these gigawatts when you talk AI. Can you
please explain how gigawatts relate to AI? So what do
you want to tackle that real.
Speaker 3 (11:02):
Quick onwats Yeah, from uh back to the future. That's
where I always go back to.
Speaker 1 (11:09):
Sorry, Remember folks, one gigawatt powers seven hundred and eighty
thousand homes. Just kind of use that, Just use that.
So we're talking a six gigawatt project that AMD and
open Ai announced today. So you know, let's just round
the numbers up. Eight hundred gigle way at the time sicking,
that's four hundred and eighty thousand homes. So let's back
(11:30):
that down a little bit. So we are we talking
enough power to power four hundred thousand homes. It is
a big project. It is a bunch of chips.
Speaker 3 (11:37):
Yeah, I mean, and again they're just talking about the
amount of power that will this facility can handle in
terms of ingesting in order to create an output of
some kind or data storage, et cetera. So they're not
making power. They're just saying I can take this much
juice into my It's almost like a you know, a
(11:59):
V eight verse versus a four cylinder, right, is like
this thing is drinks a lot of gas and it
can put out a ton of horse power versus a prius, right,
And I think that's really what they're saying is that's
how massive this endeavor will be. Is we're going to
build something that's ginormous in terms of the power that
will be putting out. But they talked about, you know,
(12:20):
open AI in this relationship has more to do with
warrants right where they'll have the ability to buy a
MD shares. They're trying to create more of a true
connection versus a circular you purchase my chips from me later.
I think they're trying to create more of a framework
for what's that.
Speaker 1 (12:40):
You're being so nice you think it's circular accounting all
over again.
Speaker 3 (12:46):
Yeah, I mean, I think time will. I think it's
also the fact that they're going to be winners, and
we've talked about there will be losers and there aren't
going to be fifty winners, no, right, And so if
you're open Ai or Google or Meta or someone like that,
now's the time to spend like.
Speaker 1 (13:08):
Taking AMD through these warrants. Let's talk about that when
we come back, because this is going to be a
new way potentially that we may see other companies there.
So let's let's make sure everybody has a good understanding
because yeah, it's I'm gonna I'm gonna sick to my
term jays. What you say, circular accounty just another county
version two point of time. That is, let's tart over
to Christmas snow right now, traffic center. Hello, Christen, Welcome
(13:34):
back to the John Sanchez Show on News Talk seven
eighty k o AH with Jason Gaunt and of course
my brother, doctor Dennis Sanchez. All right, here's how we
finished up on the market that we wanted to come
back real quick to the big story of the day,
which was the Advanced micro Devices and Open AI announcement
early this morning. All right, So how'd we finish. It
is a sloppy day all day on the dow side
of things, definitely. That's kind of like on Friday worst levels.
(13:55):
We were down almost three hundred at our worst level
early this morning, bounce back a bit, finished down sixty three,
No deal. Six to ninety four was our close. Naszak
and the SP though a record finished Nazak up one
hundred and sixty one points point seven one percent, closing
at twenty two thousand and nine forty one SP at
twenty four point thirty six percent to a record close
a six thousand and seven, forty eighty four cent rise
(14:16):
on oil to sixty one sixty nine a barrel and
a sixty six yes you heard me correct, sixty six
dollars and eighty cent game on goal three thousand, ninety
seventy five ninety. So I said Jason this morning, it's like,
this is probably, in my opinion, probably going to be
the week, or I shouldn't say probably, I'll get in
trouble with compliance. This has a good probability this week
(14:36):
that we could see gold potentially break four thousand.
Speaker 3 (14:40):
The technicals are leading us to think it would be
at four thousand at some point.
Speaker 1 (14:43):
Yeah.
Speaker 3 (14:44):
Absolutely, there's the magnet, all those big round numbers, right,
like that strategy on stocks. If it gets to ninety,
it tends to go to one hundred. I think that's
the next spot on the on the chart for sure.
But it's it's been a crazy move absolutely, and weakness
and the dollar on flip side too, is a big
reason for the strength and gold that we've seen. Silver
(15:04):
iiO has been an absolute moonshot this year.
Speaker 1 (15:08):
All Right, we're gonna get try to doctor Sanchez here momentarily.
What does it take to be an AI entrepreneur wrap
it up on the bond market. Four basis point increase
on the ten yure four sixteen Supposedly another votes being
tried by the Democrats today, but still obviously we have
a government shut down. Now back to the big story
of the day announced earlier this morning in Advanced micro
Devices is selling quote ten percent stake in AMD of
(15:30):
their company to open AI in exchange for a very
very large and we don't really have the dollar amount,
by the way, very large purchase six gigawatts worth of
AMD chips in exchange. AMDs turn around and giving warrants
to open AI chase. Let's start off with let's go
back to our series seven early study days. What the
(15:52):
heck is a warrant.
Speaker 3 (15:54):
Warren is the option to buy shares of stock. So
it's not instantly diluted. It's diluted at certain prices. So
it's not like they if you're a shareholder of record
for a MD today, you own less of the company,
but at a specific price, by a specific time, you
could be diluted. And that's why the structure them exactly.
Speaker 1 (16:15):
Objectives are obtained by open as sure.
Speaker 3 (16:17):
Then some more answer tied to milestones et cetera. Some
are tied to stock price. It depends on how they're structured,
for sure.
Speaker 1 (16:25):
Yeah. Absolutely, And once again we use this term circular accounting.
And we talked about a nauseum. You know how what
open Ai did with with Navidia, and you know that
one hundred billion dollar deal. Now here, let's give you
a ten percent ownership of our company. In exchange, you're
going to buy six giggle OT's worth of chips and uh,
(16:46):
you know, go forward from there. So bottom line, let's
go at you that original question. Then we'll move on
what a six giga why it makes? Okay? So here's
something that that has occurred to me, guys that I
never really thought about before, and that is if you
know this, with these data centers which the talk of,
you know this is everywhere they're not measured in square
footage or number of employees or they're measured, right, is
(17:08):
going to You're right, they're measured in gigawatts, right, So
that tells us like the open Ai Navidia that was
what ten gigawats if I remember, or was it eight
somewhere around there, It wasn't as big as today's announcement
with am D but it was it was way up there.
So now that's how we measure how big these data
centers are going to be and therefore how many chips
and GPUs, et cetera that they're going to need to
(17:30):
run these things. Bottom line, they're massive. And then we
put that again that analogy of the seven hundred and
eighty thousand homes is what one gigawat with power. So
you take again, you know, this amount that was announced today,
the six gigawats, and you do the math and go,
this is another big facility, you know, guys, I mean
(17:50):
open Ai went out to the marketplace last week they
raised what was it, Jason, five hundred billion, Yep, it was.
It's crazy, I mean out of capital that's being pumped capacity.
Speaker 3 (18:02):
Yeah, yeah, it uh, it is interesting for sure, Well
we'll see.
Speaker 1 (18:10):
Yeah.
Speaker 3 (18:11):
You know, we're saying in terms of like paying customers
and how they're going to monetize and all that sort
of stuff, right, It it makes your brain stretch to think.
I mean, you know, we're constantly discussing a copilot for example, right,
and the monetary influx from there versus what the costs
for these some of these things are. It's it's interesting
(18:31):
math to say we spend you know, hundreds of billions
of dollars to make thirty bucks a month off, you know,
And it's just it what we said. We've heard a
lot of bubble chatter. We'll continue to hear a bubble chatter,
you know. Paul Truder Jones was on today talking about
you know that you could see a absolute massive rally
(18:52):
before a massive crash, right, and so he just thinks
that you need to be leaning more long than short
right now, thanks, and that there's still more air for
the bubble.
Speaker 1 (19:03):
But you said our philosophy, which is you got to
be nimble, right, Oh, you have to, but be ready
to bail when when When when the tide turns? Because
I was just telling this to someone earlier today, and
I know both of you agree when it turns, not if,
but when it turns, whether it's a month from now,
six months, six years, whenever, it's going to be fast.
Speaker 3 (19:22):
In my opinion, Yeah, it'll be a thing, right, it'll
be uh in video saying something or someone open eye
AI saying something that you know, some sort of peak
production or peak output or something along those lines that
then someone like I said, someone will do the math
where like the I forget who the company was. Pretty
(19:46):
recently the issue we had from China. What the heck
was that company called the Deep Seek?
Speaker 1 (19:50):
Thank you?
Speaker 3 (19:51):
Right, there'll be another Deep Seek type moment where someone'll
be like, wait a minute, like we talked about, Yeah,
exactly if the efficacy of these things.
Speaker 1 (20:00):
Are three to five years, fear and more so than me.
Speaker 3 (20:03):
But I do you quanotize it, like, well, you can't
make money, bro.
Speaker 1 (20:08):
Here's what Jason says. He goes, my fear is in
five years because technology, to his point, is going to change.
It's changing so fast, right, you gotta figure they're gonna
be building you know, power is the big issue. Can
go build these sites all you want, you still got
a power them and hints why these little i'll call
them pop up nuclears. You know, sites are going to
be appearing everywhere. But to Jason's what he's like, I predicted,
would you say in five years they're gonna be basically
(20:30):
an empty warehouse?
Speaker 3 (20:32):
Yeah, because the I mean that. And also in three
to five years they got to redo all the chips
inside of them. And that's part of where this warrant
thing is, right, that there is no spend. It's just
like a circular. Hey, we're here to keep refreshing your system,
and you pay us based on It's almost like a
SaaS model, you know what I mean. It's just chips
is a service instead of software, right, And you're not
(20:55):
just buying chips the new General, the iPhone seventeen. They're
just prepared actually getting new chips and aging out the
old ones and then those are sold off to pedestrian
aight I centers of some kind versus the cutting edge guys,
because you know there's always there's the.
Speaker 1 (21:12):
Next new one, new car every five years, right, even but.
Speaker 3 (21:16):
Like on steroids, right, Like yeah, like you have to
have a new car because your car doesn't run on
the fields.
Speaker 1 (21:23):
It's done, right.
Speaker 2 (21:24):
So one more point to consider. And I actually had
Amazon as a customer in the early days when I
worked for he Packard, and they were they were building
their data centers for the cloud. A lot of these
data centers never get built and remember, you know, think
about and Microsoft has canceled them, you know, recently. So
(21:48):
it's kind of it's it's flash, it's it's you know,
it's just an embellished point that just to make people
feel like, oh man, we're gonna take you know, we're
building all this stuff tomorrow. They could pick up the
phone and say, no, we're not. We're gonna do something
else because.
Speaker 1 (22:05):
Remember, remember you're so freaking smart, bro, remember folkvate credit.
Yeah they're not. They're not buying these these sites, folks. Yeah,
these buildings.
Speaker 3 (22:14):
They private credit is.
Speaker 1 (22:15):
Private credit is. And back to Jason's concern, Yeah, of
private credit right, cheap money right now? But uh but yeah,
private credit. So if Jason wants to open an AI
center and I'm private credit, I'm gonna go. Jason. You're
a great, good looking guy, you got money, you got
experience here. Just sign this lease. That's all you gotta do.
You know, guarantee this for five years. I will take
all of the risk. I will build it, i will
(22:36):
supply it out, I'll do it. I'll do everything used
paying me a lease payment two years from now. Jason goes,
remember back in twenty twenty five, I was looking real
good and I had all kinds of money. Guess what,
I'm bankrupt now, Sorry, John, No least payment right then?
What how do you how do you use these centers,
these multi billion dollars in it as a marketing piece.
More exactly got enough malls. Thurn over to Jack Saban
(23:01):
News traffick of weather. Hey Jack, welcome back to the
John Sanchez Show on Newstoc seven to eighty k which
with doctor Dennis Sanchez and Jason gott All right, once again,
we finished down sixty three on the Dow, up one
sixty one on the Nazak twenty five point game or
twenty four point gain on the SMP with the Nazak
SMP closed on the record levels. All right, well, we
want to try to help you set some records. Right.
(23:22):
How about you thinking about the world of solopreneur Because
of AI you do this new business is AI driven
right again, as we shared with you last week, so
many business owners now are being created because of AI.
As we said, Dennis gave a great example last week,
you literally can have a business up and running in
a matter of hours. It'll write your marketing plan, it'll
(23:42):
create your social media post announcing, it'll create your website.
I mean, it just goes on and on. But not
it's not for everybody. It's not for everybody, right, Some
people just don't have the DNA or maybe they're not
quite ready to make the plunge into solopreneurship. So Dinnis
is put together a great list we're going to hammer
through real quickly in regards to what are some of
(24:04):
the already successful traits of a solopreneur and then why
does this matter? So Dinnis, I want to before we
get started in this, do you mind if we just
real quickly, real quickly talk about a company that you
introduced me to. And I just mean you say, hey,
look at this not a physical introduction to a company
over the weekend called ados. I get some pronouncecent ad
(24:26):
au d os au d o s. We are not
recommending this company. I just find it absolutely intriguing. But this, folks,
tells you how important this AI topic is for solopreneurship. Dinnis,
real quickly, what does autos do?
Speaker 2 (24:39):
They are an AI, a solopreneur incubator so and and
they blend the AI into the process. They have a
process that basically, as soon as you log in, they're
asking you questions about what you know about your business,
what you're thinking about each moment, they're bringing uh ideas
(25:04):
and recommendations. For example, if you said I'm thinking of
it doing this and this next thing. You know, you
look at the screen, it says, well, out of all
these these twelve that are related to that, what are
the top three you're thinking about. By the end of
the process, you're you're ready to launch a business. If
they will create the logo everything. This is within fifteen
minutes of logging in. And then they do something really interesting.
Speaker 1 (25:27):
I just love this model.
Speaker 2 (25:28):
They go out and test market your idea with one
hundred people and if they if they get a good response,
they actually get involved with you to They'll fund you
with They'll give you twenty five thousand dollars, they'll help
you build the technology, and then return they get a
(25:49):
percentage of your revenues.
Speaker 1 (25:51):
You know, for the future of the company, right, or
they get reue.
Speaker 2 (25:58):
Revenues revenues okay, but the bottom their goal is to
launch thousands, thousands.
Speaker 1 (26:04):
Of these folks. How important what we're talking about on
Monday's right, Jason on this subject and Dennis, this is folks,
this is what's going on. This isn't something we're making up.
There's here, here's a company, you know, a dog on. Well,
they've got to be venture capital backed or private equity
back right, They're sitting out on the massive credit line
and the venture capitalists go, hey, you know autos, here
(26:25):
you go, here's whatever. Let's just pick a one hundred
million dollars, right, you put this company together. You let
the entrepreneur take all the risk, all the money twenty
five grand nothing to these companies go do it, and
it's kind of like shark tank. What you know, one
out of I don't know, pick a number twenty five,
one hundred whatever are going to make it. But maybe
they're going to be the next Google or the next
Facebook or something.
Speaker 3 (26:45):
Right.
Speaker 1 (26:45):
I mean, but I love, Dennis. One of the most
important things you just said how fast it can be
done and vetted? Right, I mean, hey, I can't do
anything else, Okay, So yeah, so thank you for sharing that.
Very I had no idea company like that existed. All right,
So let's talk about our first trait of a solopreneur, right,
growth mindset. In other words, you've got to have belief
(27:07):
in the ability to learn and to improve. Why does
that matter it.
Speaker 2 (27:14):
This industry, the AI industry is like no other industries. Quickly,
as we know, technology moves, AI moves at a whole
different speed. So there is an added emphasis on being adaptable,
being open minded. The thing about having a growth mindset,
it means you're open minded, you're willing to learn, You're
(27:35):
willing to take risks and make mistakes. But there are
no such thing as bad mistakes. You actually learn by
decisions and things you make that don't work out, You
learn and you just keep iterating. That's that's the whole
idea behind growth mindset, which is so applicable you know,
and in this in this role and the role of
a sopreneur solopreneur so and that it actually comes from
(27:58):
a woman named Carol Dwack who is the mother of
both mindset. There are the whole companies that follow this
this philosophy because it means you are learning all the
time and growing all the time.
Speaker 1 (28:12):
I can, yeah, you're learning, so Jason, where you learn business,
you learn whatever your product or services, but you're also
always learning business. Right, it never stops, never stops.
Speaker 3 (28:22):
Impressive.
Speaker 1 (28:23):
But as we were chatting out their with AI, it's
learning like a light speed because the technology and everything
is changing so fast.
Speaker 2 (28:33):
And to your point you mentioned something earlier during the break.
These are also very relevant for any entrepreneur. It's yes,
they're consistent, but I would say there's they're just a
degree stronger when we're talking about an AI solo entrepreneur
because it's just a different environment. And guess what, you're
all by yourself making decisions, running a business entirely by yourself.
Speaker 1 (28:57):
Yes, indeed, well or unless you call AI, you're right,
your amigo or harmanos. All right, we'll poun through it.
Let's keep it going. Let's wrap it up with the
Kristen Snow right now traffic center. No AI driven traffic report,
at least from this lady. She does it all live.
That's why it's so good. How are you, my dear,
(29:21):
Welcome back to the John Sanchez showing this doc seven
to eighty k which our very special guest as he
is each and every Monday, doctor Dennis Sanchez, the AI doctor,
and of course Jason Kant and myself. All right, well, yeah,
began our discussion on what does it take to be
an AI entrepreneur. So first trade is you got to
have the growth mindset. In other words, you have to
have belief in the ability to learn and to improve.
Let's go to our second one, Jason, this is an
(29:42):
interesting one.
Speaker 3 (29:44):
I mean risk tolerance. I mean again these are Dennis
put this list together. I thought this one was dynamite
about just being independent yet uh knowing that you have
some tolerance for risk, because certainly if you're working by yourself,
there's no one to fall back on, right, You've got
to potentially leave secure jobs or conventional jobs and do
something that's cutting edge, right and utilize a new technology
(30:05):
to build a new business. You've got to have some
uh some some some good inner strength in order to
stay confident through that. And it certainly seems like something
that one would need for for this type of a
decision for sure.
Speaker 1 (30:20):
Then that's what does this matter?
Speaker 2 (30:24):
Well, you're not going to survive if you if you
can't deal with the uncertainty. AI brings a lot of
uncertainty with it on a lot of different levels. First,
you have the uncertainty of I'm starting a new job
and new career potentially with with this entrepreneur role. Then
you have the uncertainty with the technology is it actually
(30:47):
going to do what you know? I'm depending on it
to help me so I can run a business by myself.
So what's a common thing there is trust and you
also have to trust yourself that you'll get through. You'll
figure it out. That's a big, big theme. You know
I can figure it out. I know it's going to
be rough, I'll make mistakes. I have a growth mindset.
I'm risk tolerant. I can deal with the risk because
(31:09):
I have confidence in myself.
Speaker 1 (31:10):
Right. That's the key right there. You have to have
the confidence in yourself no matter what. Remember AI is
it's still young, it's still a baby, it's still learning.
It's not one hundred percent fool proof. It still makes mistakes.
So when that happens, you have to have that ability,
like you just said, to fall back on yourself. Let's
say six. It takes us to your next trade, which
is resilience perseverance through different setbacks. I always give the
(31:33):
analogy when we talk about business, and that is an entrepreneur.
If there's a I'll use the term a roadblock, iea challenge.
We don't call them problems in business, we call them challenges.
An entrepreneur doesn't try to figure out how to go
over that right like a road barrier. He or she
figures out I'm going to go left or I'm going
to go right. So why is that important.
Speaker 2 (31:53):
Well, you've got to have perseverance to these setbacks. And
all the case studies that I looked at and trying
to identify these traits, that was probably one of the
most common ones. Every single story they had setbacks they
and they had to keep going, sometimes starting over from scratch.
Speaker 1 (32:14):
You know.
Speaker 2 (32:14):
It just ties in with with with everything else.
Speaker 1 (32:16):
But really bounce back when you're launching and so on
and so forth. But like what Jason and I are
going through, like with you, and this is positive. We
are moving to the next level, right, we are bringing
things to our clients that no one has ever seen
before that that we're so very excited about AI driven
type of adopted adaption and so on and so forth.
(32:38):
But it doesn't You can start a business today and
it may be great, but guess what you're going to change.
The marketplace is going to change. Everything's going to change you.
That keyword you made up is resilience. Right, you have
to be adaptable. I call it being gut like gumby.
You gotta be able to bend and go all different directions.
Jason rap us up on adaptability.
Speaker 3 (32:57):
I mean it's along those lines. You need to be
able to pivot when something that you were focused on
doesn't work or needs to be changed, right, you need
to maybe your idea you envisioned it is good for
this thing, and turns out it's actually really really really
good for this other thing. Right, And so just you know,
have a good idea and focus on it and let
(33:17):
it sort of adapt and change with because everything's changed,
nothing's nothing's the same anymore.
Speaker 1 (33:22):
That's yeah, did this with thirty seconds? Wrap it up
on the importance of these traits of a solo opreeneur.
Speaker 2 (33:29):
Well, very very important, very important. Of course, you know,
stating the obvious. You can learn these traits too. You
don't have to arrive with a set of these traits
already at full capacity at the highest level. We all
have room to grow. But also I want to mention
that alongside these are are a set of business traits
(33:50):
that that you also need, yeah, be successful. And it's
the combination of the two of that really makes a difference.
Speaker 1 (33:58):
Beautiful. I know you already send an email Bailey at
Sanchez got dot com be a I L E. Yet
you got to give out this list. This is great
with a chance to go through it all. So let's
say Bailey at Sanchez Gott dot com will get you
this list. Great job, bro, excellent job. As always Jason.
We will do to you tomorrow on the John Sanchez Show.
God Let's have a great afternoon. Thank you. John Sanchez
(34:20):
is a registered investment advisor, and the opinions expressed by
Sanchez Gone Capital Management, LLC on the show or their
own and do not reflect the opinions of News Talks
seven eighty or its pairing company, Cumulus Media. All statements
and opinions expressed are based upon information considered reliable, although
it should not be relied upon. As such, Any statements
or opinions are subject to change without notice. Information presented
(34:43):
is for educational purposes on the end, does not intend
to make an offer or solicitation for the sale or
purchase of any specific securities, investments, or investment strategies. Investments
involve risk, and, unless otherwise stated or not guaranteed, information
expressed does not take into what mak ount your specific
situation or objectives, and is not intended as recommendations appropriate
(35:05):
for any individual. Listeners are encouraged to seek advice from
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Any information presented may be suitable for their specific situation.
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