October 21, 2025 • 35 mins
In today’s episode of The Jon Sanchez Show, Jon explores a growing question in the world of entrepreneurship and innovation: why do some AI solopreneurs flourish while others face burnout or stall out?
Jon is joined by Dr. Dennis Sanchez, known as “The AI Doctor,” to discuss how mindset, adaptability, and strategic decision-making shape long-term success in the rapidly evolving AI economy. Together, they examine the pressures of launching a business in a tech-driven world—fear, stress, and uncertainty—and the key behaviors that help entrepreneurs stay motivated and resilient.
This insightful conversation connects personal growth and financial awareness, showing how thoughtful planning, adaptability, and discipline can make a measurable difference in both business and wealth outcomes.
👉 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.
Jon is joined by Dr. Dennis Sanchez, known as “The AI Doctor,” to discuss how mindset, adaptability, and strategic decision-making shape long-term success in the rapidly evolving AI economy. Together, they examine the pressures of launching a business in a tech-driven world—fear, stress, and uncertainty—and the key behaviors that help entrepreneurs stay motivated and resilient.
This insightful conversation connects personal growth and financial awareness, showing how thoughtful planning, adaptability, and discipline can make a measurable difference in both business and wealth outcomes.
👉 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.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
Good Monday afternoon to you. Welcome to the John Sanchez
Show on News Talk seven eighty K which it's a
po pleasure to be with you in a pleasure to
be with my co hosts. I know we have one
maybe two, mister gunt How are you, sir? Or is
that my brother Dennis? Which one? It's brother Dennis, Doctor
Dennis Sanchez.
Speaker 2 (00:21):
Okay, all right, very good.
Speaker 1 (00:24):
I just want to make sure we uh, we've got
we've got an issue going on.
Speaker 2 (00:28):
Uh.
Speaker 1 (00:28):
It looks like our recording software that we use so
that we can provide the show on YouTube looks like
we're the victim of the AWS problems going on. So
we're kind of doing it the old fashionway. Dennis is
having to call in, and looks like Jason will be
joining us in just a moment over our old methodology.
So good to have you, bro, first of all, glad
(00:51):
to be here.
Speaker 3 (00:52):
Hey, you know, what's the first time I've heard the
opening music in a long time?
Speaker 1 (00:55):
There you go, see put you in, put you in
a good mood, doesn't it put you in a really
good mood? YEP, that's the way to do it. Well,
you know, just before we get to the topic, you know,
as we're waiting for Jason to join us, this this
AWS outage, and you know, folks, AWS is the cloud
service of Amazon that had I guess a pretty good
(01:17):
hiccup yesterday, took down a number of different organizations literally
around the world, big and small. But you know, bro it,
it just it opened my eyes to how susceptible this
is another area of technology that we as a society,
both domestic and international, how we're at risk of a
(01:38):
cloud service going down now that everybody stores their data
on a cloud.
Speaker 3 (01:43):
That's that's absolutely correct. You know, the agreements that these
companies have with their customers is that they guarantee a
very very high level of service, like ninety nine point nine,
and when these types of things happened, they actually typically
have to pay fines to their customers do their off line.
(02:03):
So so it's a it's very expensive for everyone. Of
course it affects the customers too, but no, we get
we just get comfortable with just like electricity lights are always.
Speaker 2 (02:13):
On exactly exactly.
Speaker 1 (02:16):
Yeah, it's very very interesting and again, I you know,
I've never really thought about that before.
Speaker 2 (02:22):
Obviously, we know of cybersecurity and all the things that we're.
Speaker 1 (02:25):
All trained to look out for and to uh have
a defense you know, mechanism set up for within our businesses.
But you again, you go to the cloud side of things,
and you know, I mean, did you take a look
at the massive list, the global list of companies that
were affected from you know, airlines, I mean right on
down the line, and you're going, oh, that means you
(02:45):
are with aws and near with aw as.
Speaker 2 (02:47):
You know. It's just it was. It was mind boggling,
it really was.
Speaker 3 (02:51):
Well, and a lot of these customers actually use a
number of service carriers for this for this very reason.
It's right of course, aw US would love for a
customer to spend all their cloud money with them. Same
thing with Microsoft. Microsoft, there's the same exact thing. So
but it's yeah, it's a it's a it's a difficult
time for everybody.
Speaker 2 (03:12):
What happened. Yeah, So let me ask you a quick question.
Is it normal? Yeah?
Speaker 1 (03:17):
I mean you being in the corporate world, is it
normal for a business to have two cloud service providers
for an instance like.
Speaker 3 (03:24):
This, Well, I don't know if it's normal, as much
as it would be a strategy. I know, years years back,
I was uh, I played a part in and helping
move AT and T to the cloud. And at that
point they were all Microsoft, but a new CIO came
(03:45):
on board and he wanted to also bring in a
WS so I know they can really yeah you could,
you could use both, but I don't know if it's
common or you know, it's just more more contracts to
deal with, but maybe a good strategy.
Speaker 1 (04:00):
Yeah, yeah, yeah, yeah, exactly. All right, we understand we
have Jason, Jason, welcome, my friend.
Speaker 2 (04:06):
Yeah.
Speaker 4 (04:06):
And the tough part too though, with like COLO right,
where you've got data in two different places, is you've
got data in two different places right where you're right
sort of redundancies, which are you know a lot of
firms now are saying, oh, well I'm on the cloud, right,
and they've got backups to all the days.
Speaker 5 (04:24):
I mean, you and I have gone through before.
Speaker 4 (04:26):
Look you can look at last version, last version, and
you've got that stuff saved. But in many cases it's
all at one place, right. It isn't Amazon versus you know,
Google or right over your head exactly. So it's probably
something that more and more happens where you've got the
ability to point to two different spots. But it's a
(04:48):
lot of work, right, It's just a ton of work
to you know, flip one off and flip a different
one on and keep them technically serially in sync. Right,
Because if I'm doing something right now pointing to one place,
am I redundantly sending it to both places? And then
do you create some security exposures where now you're sending
(05:08):
it to two different places at the same time. But yeah,
I'm sure it'll be talked about more and more because
that's always the fear of losing your data right where
everyone's pushed you get away from servers. Servers are terrible,
someone hacksing and destroys your server, versus multi factor authentication
and pointing to different cloud providers as that's the safe thing.
But you get situations like today where you're handcuffed. So
(05:32):
we have dr disaster recovery things where we create copies
of items that are stored you know, tight and locked,
but do have some local data just in case we
lost our CRM or some along the excellence.
Speaker 2 (05:46):
But it's tough you go exactly.
Speaker 1 (05:49):
I'm looking at the latest update just to kind of
give everybody an idea in case, again you're trying to
get into some business, you know, online and you're not
able to do it again.
Speaker 2 (05:57):
This is a global situation.
Speaker 1 (05:59):
But according to down Detector, which is a service that
tracks these type of things, Disney's having problems on their site,
Lift McDonald's, New York Times, Reddit, Ring Doorbell, many of
you have that Robin Hood snapchat, United Airlines and then
it goes global. British, the British Government's website is being affected,
(06:20):
and you know, again the list this goes on on
and you know, here's another little heads up for everybody.
The outage also has brought down critical tools inside of
Amazon itself, inside their warehouse and delivery employees, along with
drivers from Amazon's Flux service. I was reported on Reddit
that their internal as systems were offline at many sites.
(06:40):
Some warehouse workers were instructed to stand by and brake
rooms and loading areas during their shift while they couldn't
load Amazon's Anytime pay app, which lets employees access a
portion of their paycheck immediately. I mean, you know, it
goes right on down. Then the Airlines, United Delta they
were impacted, and.
Speaker 2 (06:55):
So on and so forth. So that's a great, great explanation.
Speaker 1 (06:57):
Jason and Dennis, I appreciate that because like, I don't
know if you heard it, Jason, because you were just
coming in. But I told Dennis, it's like when when
I you know, because this happened early this morning while
we were asleep, and you know, when I did my
first stock update this morning.
Speaker 2 (07:10):
And I'm like, you know this, this is an area
that you don't think a lot about, right.
Speaker 1 (07:14):
You know, obviously we are all very concerned of cybersecurity
and other types of uh you know, risk too, because
we're you know, everything.
Speaker 2 (07:21):
We all do is all online now.
Speaker 1 (07:23):
And now you know, you go, huh, these companies they
got their data saved on this, but yeah, what.
Speaker 2 (07:27):
A what a uh what a vulnerability that many people have.
So but Dennis, just real quickly and then we'll get
to get the show roll in here. Tell everybody what
it's about.
Speaker 1 (07:36):
You were saying, they have contracts like like Amazon et cetera,
with companies that they rely upon or they guaranteed you know,
almost a one percent. So do you think in a
situation like this that that Amazon would in turn have
to you know, write a check to to customers that
have that contract Because I know, you know, I used
starlink at one of our locations and remember a month
(07:58):
or so ago they were down for good majority of
a day and I ended up getting quite a bit
of credit back, I mean pretty substantial dollar amount, you know,
just just so there must have been some guarantee I
wasn't even aware of.
Speaker 2 (08:09):
But what happens on the corporate.
Speaker 3 (08:11):
Side, well, I'm going to really kind of compare it
to Microsoft, where I was very familiar with their support levels.
First of all, you have to have that level of
a relationship and agreement with with with the carrier. You
pay more for that kind of you know, that kind
of service. That's the highest level of service. Those those
(08:34):
customers are all on the phone. They have people assigned
to them for situations just like this. They're on the phone,
they're getting updates by the second. I mean, it's it's
very very critical. It is that level of support until
things get resolved, and you know, it could go on
for a while. It is kind of unusual that this
is a global thing and not just a regional thing too.
That kind of extend to the severity of what's going
(08:56):
on here, right.
Speaker 1 (08:58):
Right, Okay, very good? All right, folks, Well here's that.
That's that explanation. We hadn't heard what was going on
in the world of internet and now we all use
it now, you know.
Speaker 2 (09:09):
So yeah, I was Jason.
Speaker 1 (09:10):
I was telling everybody that, yeah, we're waiting for you
to join because one of the services we used to
video record our show obviously uses that. And uh yeah,
you logged in and you got a big error message.
Speaker 5 (09:20):
Right I did.
Speaker 4 (09:22):
I did, which is good because you know, I needed
to do my makeup and whatnot.
Speaker 2 (09:28):
Fluff the go tea.
Speaker 1 (09:31):
You're handsome, no matter how mess looking good looking, good
looking good.
Speaker 2 (09:36):
I'm just visualized.
Speaker 5 (09:37):
I don't even have to wear pants, which is good.
Speaker 1 (09:39):
Right there, you go, there you go. That's the real reason,
right there. All right, boys, Well, excellent explanation again. All right, folks,
let me tell you what we have lined up here.
Of course, doctor Dennis Sanchez, the AI doctor, has joined us,
as he does each and every Monday, so we can,
after we do our market update, move over into the
world of AI, which again is an area, speaking of
technology that's dominating all our lives. You know, folks, we
(10:02):
have learned through talking to people so many studies, et cetera,
et cetera, that this area that Dennist has been focusing
on on the show that the AI solo entrepreneur that
of course, this is what we think is going to
be one of the fastest growth areas of small business
going forward. That many of these people that are again
moving into this area, you know, the part time, full time,
(10:23):
whatever the reason is behind it, that they're you know
again solo, Remember, folks, that's the key word. They're facing
a lot of challenges, right. They don't have a coworker
in many cases to go talk to like man, I'm
a little nervous on this, or I can't figure this out.
A lot of them are working again, as the name says,
on their own. So they're facing challenges like fear, like stress,
doubt in their new roles, right, something that all of
(10:45):
us that have a business went through in our initial
stages and maybe still continue to go through.
Speaker 2 (10:50):
But yet the solo aipreneurs, there's a distinction.
Speaker 1 (10:55):
And I tell you, I'm so thrilled to talk about
this topic with you, Dennis, that you know some of
these individuals when these issues, the fear of the stress,
et cetera, some of these issues, there's some of these individuals,
I should say, absolutely thrive in the face of pressure.
Speaker 2 (11:10):
Right.
Speaker 1 (11:11):
They remain cool, calm, collected, they remain motivated, they adapt
and eventually build successful businesses. The other side, however, just
the opposite, right, they face all these hurdles, they begin
to struggle to survive and as a result, they go,
you know what, I give up on this thing. I've
been at it for two months. I'm going back to
a nine to five type of job. Well, before you
(11:32):
do that, what Dennis is going to outline for us,
and again it's very fascinating us. What makes the difference,
What makes that difference between that solopreneur that wants to
continue to fight and build that business versus the others.
Speaker 2 (11:43):
That this throw in the tell.
Speaker 1 (11:45):
So what we're going to do this afternoon is we're
going to be going over a seven point list that
Dennis is put together titled the seven reasons why some.
Speaker 2 (11:55):
Aipreneurs thrive and others don't.
Speaker 1 (11:58):
But you know, Dennis, I want your comment on this
when we come back from the break. As I went
through your notes, the first analogy and maybe you wrote
it this way, I don't know. The first analogy that
came to my mind when you talk about again the
ones that are successful the ones that give up. Two
people types of people came to mind. Number one an
(12:19):
athlete and number two the military. Right those two individuals, right,
is that a good analogy, and so you know we'll
come back.
Speaker 2 (12:29):
We're going to hit the stock market recap. Had a
great day in the market today.
Speaker 1 (12:31):
Jason will give us the recap on that, and then
we'll get into our top several reasons why some AI
solopreneurs thrive and others don't. We'll get Dennis's explanation about
this analogy between that the successful entrepreneurs again or not
even professional, but just a good athlete and a military person.
So great stuff to talk about. Started over to what
Kristen Snow is speaking of great people to talk to
in the right now traffic center. How are you, my dear,
(12:55):
fantastic happy Monday, Thank you, Welcome back to the John
Sanchiaz showing his talk seven eighty k O Wait's with
Jason Gunn and my brother, doctor Dennis Sanchez, the AI doctor. Well,
as I said, we had a great session today. Finished
that five hundred and sixteen on the Dow one point
one two percent to a close of forty six thousand,
seven oh six, Nazek surging three hundred and eleven points
(13:16):
one point three seven percent, and the SMB up seventy
one points one point zero seven percent, and mister Gaunt's
darlings the Russell two thousand, a one point ninety five
percent increase there taking away Jason, what a day it was.
Speaker 4 (13:29):
Yeah, definitely a little bit of a risk back on
today as more themes were coming up. Clearly Apple would
be the most dominant with couple upgrades. Price target rais
is just off of the excitement around the iPhone seventeen,
you know, really seeing I think biggest adoption because of
the fact that so many subsidies are happening with Verizon
(13:50):
and AT and T and everyone basically giving you a
free phone. So people are like, hey, might as well
you know other things. Robin Hood stock up four and
a half percent. We've seen a lot of people talk
about tokenization of assets and alternatives to the standard normal
trading that we do every single day. Robinhood coin based
those all look to benefit from it. Names like trade
(14:11):
Desk they were up a lot today, they were underwhelming
last week, but seeing more and more on the meta
trade desk side that people are looking to use the
inner web for more advertising, and I mean the disaster
we talked about a lot was obviously Amazon. I mean,
stock didn't suffer all that much. I think it was
in the green even today, but it just highlights some
(14:33):
of the concerns in general around the dependency for technology.
But Google's up meta was up. It was just a
I would say risk back on type day, especially as
you're flirting with all time highs again higher people thinking
that you don't get through the month of October and
rates continue to go lower as long as some happiness
around maybe calm with obviously Israel, Gaza, maybe Ukraine finds
(14:57):
some sort.
Speaker 2 (14:57):
Of solutions set and that's not going too well.
Speaker 4 (15:00):
Yeah now, but at least market wise, people are certainly
thinking the risk is higher just due to the chase that.
Speaker 2 (15:06):
YE could be there the end of the year.
Speaker 4 (15:08):
So I got enough bad news, I think to do
anything to chase people higher.
Speaker 1 (15:14):
Absolutely well. Things also got started in a positive note
this morning. Kevin Hassett was on CNBC this morning. They
were talking him about all kinds of different things, and
I remember he's the White House Economic Advisor, and through
his nasally comments he says, you know, it's pretty likely
the shutdown is going to end sometime this week, and
the CNBC hostman, what, yeah, just kind of it's likely
(15:38):
to end sometime this week, and Man the Future shot
up that as soon as he said that, now some
are saying it's November first, you know, some are saying,
he said this week, So who knows, but market has
become very optimistic that the shutdown is, you know, getting
likely to end. And then Jason, of course, you know,
not only had that, but this one got me too.
You know, back to the the the rare earths and
(15:59):
things that we've been talking about. For the most part,
most of them had a pretty good session. This was
an interesting story and Jason and I really follow these
rare earths very closely. Trump signed a deal with Australia
in regards to basically, hey, let us have let us
buy some of your rare earths from you. You don't remember, folks,
(16:19):
of rare earths are used primarily in creating magnets. That
from semiconductors, automobiles, dead airplanes. They all need magnets in
some form or fashion. So we saw the ars you know,
begin to take off on that. But then he also
said that he you know, back to this issue Jason,
that you and I touched on a lot last week about
on again, off again, is he going to meet with China,
you know, regarding rare earths and some of the other things,
(16:40):
and he goes, yeah, I'm plinally to visit with China
in early twenty twenty six. Like really, you know, so
it was supposed to be the end of this month
or maybe November. The date has been moved all around,
but now it's next year and market I thought for
sure when that news headline hit, the market was going
to be upset about that, but it just you know,
brushed it aside. And I guess last thing from my perspective,
(17:01):
we of course earning season, as you mentioned on Friday,
really kicking off this week and a lot of big
names coming out this week and so on and so forth.
Speaker 2 (17:08):
But you know, ahead of that, you had good movement.
Speaker 1 (17:10):
A Meta was up fifteen dollars and twenty six cents
two point one three percent rise, Goog up three dollars
and twenty three cents, Netflix rising thirty nine dollars and
twenty cents, and then you'd mentioned Apple, what a big
move on that one Today nine dollars and ninety five
cents three point ninety four percent. Remember, folks, it's a
Dow component, so that helped out the average. Two sixty
two to twenty four was the close and loop. Capitol
(17:31):
also upgraded the stock to a BI rating from a
HOLE with a new price target. I don't think I've
ever seen this high of a price target, Jay three
hundred and fifteen bucks a share. That was that was
a that was a you know, I don't know if
it's a far reach, but that's a yeah. Again, you're
talking the stock at you know, two sixty two and
some change, and to go all the way to three fifteen,
so you know, that was that.
Speaker 2 (17:48):
Was good news there.
Speaker 1 (17:49):
So yeah, overall, just one of those days we didn't
have any bad news and some pretty good news coming
our way.
Speaker 2 (17:53):
Anything else you want to add.
Speaker 5 (17:54):
No, I think you're spot on.
Speaker 4 (17:56):
It's but all time highs and Marco wants to go higher.
Speaker 2 (18:01):
And we should throw this in that.
Speaker 1 (18:03):
This is in addition to goal prices one hundred and
forty six dollars and forty cent game pronouns four thousand,
three fifty nine ten. Any comment there, No.
Speaker 4 (18:11):
I mean, good move today, especially off of the ugly
Friday move in some of these Yeah, mention it to
you offline. If you had another down day today could
get ugly, So a nice little buying.
Speaker 5 (18:20):
The dip mentality.
Speaker 1 (18:21):
Absolutely close below four percent, by the way, on the
tenure down two basis points three ninety nine, so interest
rates moving in our direction and quiet day for oil
down eight cents fifty seven oh three. All right, you're
now with to date on the market. Now let's get
you up to date in the world of AI. Why
do some solo AI entrepreneurs succeed? Why do others fail?
The top seven reasons is what doctor Sanchez put together
for us. So we'll bring him back on the line
(18:42):
and get ready to go after we come back from
news trafficking weather. It's sort out to Jack Saban, Hey, Jack,
welcome back. Excuse me, welcome back to the John Sanchez
showing new doc seven to eighty k witch with doctor
Dennis Sanchez and of course my partner Jason Gaunt. We
finished up five to sixteen on the down then NAZDAC
grows three to eighteen the s and.
Speaker 2 (19:00):
PP seventy one.
Speaker 1 (19:01):
All right, again each and every Monday, we are fortunate
to have Dennis join us again. He has spent his
pretty much entire career in the world of technology. His
main focus for these last few years, of course, has
been the onslaught of AI, and he's been doing a
great job with us for the last few weeks talking
about the solo AI solo preneur. Right, so many people
(19:22):
predictions are millions of people will be potentially losing their
jobs over the next few years due to AI. And
people need a business. They're looking for things to do,
and now, thanks to the advent of AI, you can
start a business very easily and run it yourself. No employees,
no clicking mortar, on and on and on. But you
got don't know what you're doing. So we're going to
get into the mindset of these individuals again. Why do
(19:44):
some people succeed? Why do others fail? So, Dennis, real
quickly before we get to your seven points. I made
the analogy earlier as I went through your points preparing
for the show, that the winners and the losers as
i'll call them, right, the guy or gal that has
the true grit to push through to get this business
off the ground versus the one that goes, you know,
spend a month it's not working. I'm throwing in the
towel very similar to athletes as well as military. Do
(20:09):
you mind if I mentioned about your one of your
incredible sons real quickly on the athletic side, Sure, okay,
you bet so. I am extremely proud of my my
youngest nephew at Dennis's youngest son, Cooper. You can look
on the internet and you'll find him everywhere. He is
an upcoming rising star in professional soccer. He's currently with
(20:29):
Atlanta United. Uh he's what he left today, Dennis for
the World Cup.
Speaker 3 (20:34):
Correct, that's correct, Tea, Yeah.
Speaker 1 (20:38):
Exactly, yeap, exactly. So just an absolute stud and and
Dennis shares with me, you know again what goes on
in the world of a professional athlete, even you know,
obviously a young one, which is so very typical and
professional sports, especially soccer. So Dennis, I don't know if
that that played in as you made up these points
at all about what you see in your son and
(20:59):
you know, again pushing through right the true great. I mean,
he played his last game yesterday that that we watched,
you know, on Apple TV. He played his last game
in the in the Mercedes Dome, and ten minutes after
the game ends, his coach gets fired.
Speaker 2 (21:12):
He has to deal with that adversity with the other players. Right,
So it's like, wow, it wasn't his fault, It wasn't
his fault. No, not not whatsoever whatsoever? Oh joys. But anyways,
so real quickly do you see that similarity? Also?
Speaker 3 (21:29):
Like I do, yes and no. I think what we've
learned more than anything else is there isn't. You can't
assume that any one type of career, any background, is
perfect for this role. It's more about the individual. What
I mean is that even among athletes, you could find
some that are the opposite of growth minded. They're fixed
(21:52):
minded because they don't change their routine, they don't do
anything different because they worked for them before the same
thing in the middle. I've worked around a lot of
a lot of people who worked for the military and
went on to you know, other companies, and they speak
so much of things rules and things like that that
are antiquated and the military not moving forward to change things.
(22:16):
So it's you're you're certainly going to find qualified people
within those ranks, so to speak. But it's more about
the individual, and it's not even about the technology. I
think this is good news because what it's saying is
that it's not the technology, it's not the business acumen.
In this situation, it certainly helps, it might give some
people a head start, but it's more about the individual
(22:36):
and those are who are you? How are you made up?
And these are also if you have gaps in these areas,
you can you can learn, you can develop them. So
nobody's out of the out of the hunt for these
types of roles.
Speaker 1 (22:49):
All right, So let's let's lay out our first point
and then I'll turn the second one over to Jason.
So your first point is learn it at all, know
it growth mindset. So the core idea behind and this
is the thrivers. The successful people say, quote, I don't
know how yet, right. They treat every hard thing as
a learnable skill. The strugglers they read challenges as talent tests.
(23:12):
They avoid them, they give up on them.
Speaker 3 (23:15):
That's that's correct, And it's it's learned it all or
know it all. If you come into that with that
attitude where I already know all this stuff. You know,
I've done business before, I did this in my role
just the way do you You know, you experience what
it's like to be work by yourself and work with
those challenges whereas the thriver is and they thrive on
(23:40):
those kinds of challenges because they're going to learn something new.
You know, I'm a solo entrepreneur myself, and every day
I kind of take a inventory of, yeah, I didn't
work it, didn't work on it, working on this, but
you know what, I did this little thing, and sometimes
that's enough to make me feel like it was a
good day.
Speaker 1 (23:59):
And that that's the great thing about being a solopreneur
because you can change it so fast. Right, you don't
need a board of directors, you don't need to go
up to Chaine. It come in, you just change it.
If it doesn't work, change it, move on, right, And
the main thing is not to get down on yourself.
Jason take away point number two. This is a great one.
Speaker 5 (24:15):
This is my favorite actually, yep.
Speaker 4 (24:16):
You know, really comes down to grit resilience, taking every
sort of setback of feedback loop as a way to
figure out your process and how to fix it and
make it better.
Speaker 5 (24:28):
Like no finish lines.
Speaker 2 (24:29):
Right.
Speaker 4 (24:30):
The lines here is thrivers normalize setbacks and keep going.
Strugglers personalize them and quit early. Right, So anything that
is worth doing is worth getting better at and also
realizing that you're not as good as you think you are.
So grit is I think probably the most important thing
I could teach anyone my kids. It's like the thing
(24:51):
that I think of before anything else.
Speaker 1 (24:53):
Right, But let's go back to your head fund days.
When I saw this, I thought of you, this really
goes into trading and investing also, right, and then I'll
turn it over to this. But failures are feedback loops, right,
not finish lines. How many times all of us? Right,
you do a trade and you go, what the hell
was I thinking?
Speaker 2 (25:09):
That was stupid?
Speaker 1 (25:10):
I lost it, you know, and then you gotta you
gotta pick yourself up, right, You gotta, you gotta, you
gotta move on otherwise you're done.
Speaker 2 (25:16):
Right.
Speaker 4 (25:17):
Yeah, I mean that's like we talk about with just
risk management in general.
Speaker 5 (25:21):
Yeah.
Speaker 4 (25:22):
I have processes that I've built because I've burned my
hands on stoves, right, so I do my very best
to not burn my hands anymore. So how do you
figure out a way around the stove and still be
close to it? Because you got to be near the stove,
but you don't want to put your hands on it.
And I think that's the part that is so important.
Is to you know, it doesn't mean you don't do
it anymore, you just figure better way to do it,
(25:44):
because yeah, learn and learn again.
Speaker 2 (25:48):
Yep. Okay, then let's go right ahead. How is this
time to the AI so.
Speaker 3 (25:51):
Opener the point three or point two?
Speaker 2 (25:57):
No point two, let's finish yeah point two?
Speaker 3 (25:59):
Oh okay, Uh, it's it's just you know, basically, you're
going to have to be able to bounce back every day.
There's a there's a there's a common word to all this.
It's iteration. Iteration is every day be ready to change
their whole project management models based on especially with UH
(26:21):
with technology, be open to changing every single day. Instead
of planning for long ranges of time a change, be
open to changing your plan maybe every day. And that's
that's that's you know, and and sticking with it because
you may have to change it one hundred times more
before it, you know, really works. But again, you're a pioneer.
(26:41):
You're you're discovering new things, you're solving problems that nobody
else may be solving, and you're you know, so that's
that's just part of it.
Speaker 1 (26:49):
Okay, You're you're you're your studies, your doctorate is in psychology, right,
So bring in that real quickly before you go to
point three. Bring in the psychological side of things from
from your studies and.
Speaker 2 (27:01):
So on and so forth.
Speaker 1 (27:02):
Because it's easy to sit here behind a microphone and say, oh,
thririvals and thrivers, normalized setbacks and keep going struggles, personalize
them and quit early. Okay, we all know, we're all successful,
we all have done this in our lives. But for
the person out there that has never dealt with this,
what's your your your psychological advice.
Speaker 3 (27:20):
There, Well, it can be taught. And actually, the whole
grit grit concept, the whole grit model came out of
studies with West Point and it because they were military. Yeah,
they were trying to figure out why so many academies
(27:40):
couldn't make it through or dropping out. And it wasn't
because they were the best students in school. It wasn't
because of the best athletes, it wasn't because of any
but they narrowed it down to one thing. It was
actually the fact that they had grips and resilience and
they were able to deal with the all the challenges
(28:02):
in the academy they experience, such as the uh, you know,
the work, the physical part of it, the mental part.
I mean those are hard working students, the military part.
It takes a special kind of person. But they that's
what they identified is that's that's that's the difference. And
the same thing with growth. The growth mindset model came
out of studying education when they were looking at why
(28:25):
were some students so successful and then others that came
from the best families, that had straight a's and the
best scores that were failing. And it was because the
growth mindset students were disaccepting. They didn't they didn't recognize failure.
It was like this was a mistake, a smart from it.
And so both of those concepts came out of real
(28:46):
real life.
Speaker 1 (28:48):
Yeah, okay, there you go. And I don't know about
you guys. I'll be curious real quick for go to
break Jason, We'll start with you. I noticed the older
I get, the less tolerant I am for failure, where
when I was younger, it's like, okay, no big deal.
Maybe because you know you're you're you're seeing the.
Speaker 2 (29:02):
Light at the end of the tunnel.
Speaker 1 (29:03):
When you're older and you're like, oh, okay, you know,
my days are getting kind of my years are getting
kind of numbered here, but I cherish that I see
that with our employees and other young people and things
where they're like, you know, i'll try this. If it
doesn't work, great, I'm onto something else. Do you do
You agree with that, Jason that the older you get
it a little bit harder.
Speaker 4 (29:20):
It is harder, right, I mean, because we end up
sort of being married to our process a lot of time.
Speaker 2 (29:24):
Right. That doesn't fit.
Speaker 5 (29:25):
Into my normal all the time.
Speaker 4 (29:28):
Therefore I'm not going to do it right and and
that's something that's probably healthy too to I mean, I
know we touch on a little bit later with some
of these, but is being flexible that you can break
out of your norm and it sucks, it's hard, and
it feels weird, but ultimately, yes, you're gonna feel a
lot better for having done it.
Speaker 2 (29:44):
You're right, You're right, great point.
Speaker 1 (29:46):
All right, we'll come back with doctor Sanchez and Jason
on our third point, Pivot Power. Don't want to miss
This's wrap it up with Kristen snow right now Traffic Center,
Hello Christin, Welcome back to the John Sanchez showing his
top seven eighty. It's what Doctor Dennisantiez Jason Gunn and myself.
All Right, we've been talking about the top seven reasons
why some solo AI entrepreneurs thrive others don't. We talked
(30:08):
about learn it all, resilience, pivot power. All right, bro,
let's get to this pivot power. The adaptability over rigidity,
core ideas. Thrivers, update beliefs, fast, new evidence, new plan. Strugglers, Yeah,
they cling to the original script and they ignore feedback,
you know, that type of thing. So kind of, as
Jason alluded to on our point, our second point, they're
always looking in the past. They're not willing to adapt
(30:31):
and move forward when things aren't working.
Speaker 3 (30:34):
That's correct, and I like the the the point that
they're also they tend to really exercise confirmation bias in
their decisions. When you have that kind of attitude. Basically,
what that means is if you if you're if you're
looking at a plan and saying, I'm not going to
(30:54):
be successful here or there or here, and then when
you get some negative news, you go, see, I told
you so. But that's kind of you know, we can
we can visualize in all these points somebody buy themselves
having those conversations with themselves and That's why I'm going
to just take a chance here on point number five.
(31:18):
And let me let me also mention that all of
these points are in the new book that's coming out
at the next week, my new book called Thriving the
Heart and Mind of an Ai Solo Preeer, so you
can cover these in much more detail. But the the
number five humble learning self awareness. See when you're when
(31:38):
you catch yourself, for example, exercising confirmation bias. You want
to catch yourself and go, look what I'm doing. I'm
not I'm having this dialogue with myself and I'm cancing
myself by stock. Let me let me go back to
some of these points. Let me be open minded, let
me remember I need to be resilient, and let me know,
remember I need to be self aware, admit that I
have some blind spot and things like that, and deal.
Speaker 1 (32:02):
With Yeah, well, you're leaving out the second half of
your humble learning loop a point number five, which is
the ego driven founders defend bad ideas and burnout doing
everything themselves.
Speaker 2 (32:14):
Huh, who does that sound like? I know both of them.
Speaker 1 (32:18):
Both of you are laughing, going, uh huh, you were
at that one for me didn't you. I never did that. No,
I never did that. Yeah, yeah, yeah, I don't know
what you talking about? What to talk about? All right,
that's a great point. All right, you skip number four, Dennis.
Let's go back to that one real quick judicious risk
between overconfident, overconscious, overconscious. Well, this is a good one,
(32:39):
core idea. Theres thrivers make timely inform bets, ship measure
adjust Strugglers they swing to extremes, reckless leaps or analysis paralysis.
Speaker 3 (32:50):
And you know what, I think the best approach to that,
there's something in between. And I always refer when we're
talking about AI to the mind of a child. What
is a child not afraid? That child is curious and
they you know, you experiment, you discover, and then you
take a step back. You know, you learn your lesson.
(33:11):
And that's kind of what works really well, and these
kinds of situations too. But if you go in over confident,
you know what you're gonna get slapped down by life.
Speaker 2 (33:20):
Yes, yes, very very quickly.
Speaker 1 (33:23):
Absolutely all right, guys, we got about sixty seconds left, Dennis.
Let me let me read these final two real quick.
So we get those out and I'll let you summarize everything.
So number six is a purpose fuel. In other words,
the core idea. There is independence, meaning and love of
the craft that keeps the thrivers moving when money and
praise are delayed.
Speaker 2 (33:40):
Boy does it ever? I call that passion right.
Speaker 1 (33:41):
And the strugglers they chase external hits and they stall
when they don't arrive. And then finally number seven the
EQ seat belt. The core ideas. Thrivers regulate stress, they
seek perspective, mentor peer groups, et cetera, and avoid impulsive reactions.
The strugglers they ride wrote the emotional roller coaster with
no restraints. Man, you nailed these so many things. That
(34:03):
is so true. It is so true.
Speaker 2 (34:06):
All right.
Speaker 1 (34:06):
Your final advice for those seeking to be a solo
AI preneur, what's it?
Speaker 2 (34:09):
What is that right now?
Speaker 3 (34:13):
I would say, just just be honest with yourself and
know that the areas, know where the gaps are, and
then do something about it.
Speaker 2 (34:24):
Yeah, exactly, Jason, your final.
Speaker 5 (34:25):
Points, I think that's spot on. I like the EQ part.
Speaker 4 (34:28):
Take a little time before you react.
Speaker 1 (34:31):
There you go, and mine is find what you're ever
gonna do in this great world of AI solo preneur.
Find your passion before you do anything. If you find
that passion, there are no roadblocks, there's no nothing, nothing
but successful will come your way. So you got it
all folks, go make it happen. We'll see them on
on the John Sanchez Show.
Speaker 2 (34:49):
Coupless All Right by Sanchie has gone to Capital Management LLC.
The material in this program was intended as general information
only and should not be taken as specific in investment,
tax or legal advice. None of the information on this
broadcast was intended to be a solicitation for the purchase
or sale of any security. Further information is available by
(35:09):
contacting John at Sanchez Gaunt dot com or seven seven
five eight hundred one eight oh one.
Speaker 1 (35:15):
John Sanchez offers securities and advisory services through Independent Financial
Group LLC, a registered broker Dealer and Investment Advisor member
FINRA SIPC.
Speaker 2 (35:25):
Securities offered only in States. John Sanchez is registered in
Sanchez Gaunt Capital Management LLC. In Independent Financial Group LLC
are unaffiliated entities.
Good Monday afternoon to you. Welcome to the John Sanchez
Show on News Talk seven eighty K which it's a
po pleasure to be with you in a pleasure to
be with my co hosts. I know we have one
maybe two, mister gunt How are you, sir? Or is
that my brother Dennis? Which one? It's brother Dennis, Doctor
Dennis Sanchez.
Speaker 2 (00:21):
Okay, all right, very good.
Speaker 1 (00:24):
I just want to make sure we uh, we've got
we've got an issue going on.
Speaker 2 (00:28):
Uh.
Speaker 1 (00:28):
It looks like our recording software that we use so
that we can provide the show on YouTube looks like
we're the victim of the AWS problems going on. So
we're kind of doing it the old fashionway. Dennis is
having to call in, and looks like Jason will be
joining us in just a moment over our old methodology.
So good to have you, bro, first of all, glad
(00:51):
to be here.
Speaker 3 (00:52):
Hey, you know, what's the first time I've heard the
opening music in a long time?
Speaker 1 (00:55):
There you go, see put you in, put you in
a good mood, doesn't it put you in a really
good mood? YEP, that's the way to do it. Well,
you know, just before we get to the topic, you know,
as we're waiting for Jason to join us, this this
AWS outage, and you know, folks, AWS is the cloud
service of Amazon that had I guess a pretty good
(01:17):
hiccup yesterday, took down a number of different organizations literally
around the world, big and small. But you know, bro it,
it just it opened my eyes to how susceptible this
is another area of technology that we as a society,
both domestic and international, how we're at risk of a
(01:38):
cloud service going down now that everybody stores their data
on a cloud.
Speaker 3 (01:43):
That's that's absolutely correct. You know, the agreements that these
companies have with their customers is that they guarantee a
very very high level of service, like ninety nine point nine,
and when these types of things happened, they actually typically
have to pay fines to their customers do their off line.
(02:03):
So so it's a it's very expensive for everyone. Of
course it affects the customers too, but no, we get
we just get comfortable with just like electricity lights are always.
Speaker 2 (02:13):
On exactly exactly.
Speaker 1 (02:16):
Yeah, it's very very interesting and again, I you know,
I've never really thought about that before.
Speaker 2 (02:22):
Obviously, we know of cybersecurity and all the things that we're.
Speaker 1 (02:25):
All trained to look out for and to uh have
a defense you know, mechanism set up for within our businesses.
But you again, you go to the cloud side of things,
and you know, I mean, did you take a look
at the massive list, the global list of companies that
were affected from you know, airlines, I mean right on
down the line, and you're going, oh, that means you
(02:45):
are with aws and near with aw as.
Speaker 2 (02:47):
You know. It's just it was. It was mind boggling,
it really was.
Speaker 3 (02:51):
Well, and a lot of these customers actually use a
number of service carriers for this for this very reason.
It's right of course, aw US would love for a
customer to spend all their cloud money with them. Same
thing with Microsoft. Microsoft, there's the same exact thing. So
but it's yeah, it's a it's a it's a difficult
time for everybody.
Speaker 2 (03:12):
What happened. Yeah, So let me ask you a quick question.
Is it normal? Yeah?
Speaker 1 (03:17):
I mean you being in the corporate world, is it
normal for a business to have two cloud service providers
for an instance like.
Speaker 3 (03:24):
This, Well, I don't know if it's normal, as much
as it would be a strategy. I know, years years back,
I was uh, I played a part in and helping
move AT and T to the cloud. And at that
point they were all Microsoft, but a new CIO came
(03:45):
on board and he wanted to also bring in a
WS so I know they can really yeah you could,
you could use both, but I don't know if it's
common or you know, it's just more more contracts to
deal with, but maybe a good strategy.
Speaker 1 (04:00):
Yeah, yeah, yeah, yeah, exactly. All right, we understand we
have Jason, Jason, welcome, my friend.
Speaker 2 (04:06):
Yeah.
Speaker 4 (04:06):
And the tough part too though, with like COLO right,
where you've got data in two different places, is you've
got data in two different places right where you're right
sort of redundancies, which are you know a lot of
firms now are saying, oh, well I'm on the cloud, right,
and they've got backups to all the days.
Speaker 5 (04:24):
I mean, you and I have gone through before.
Speaker 4 (04:26):
Look you can look at last version, last version, and
you've got that stuff saved. But in many cases it's
all at one place, right. It isn't Amazon versus you know,
Google or right over your head exactly. So it's probably
something that more and more happens where you've got the
ability to point to two different spots. But it's a
(04:48):
lot of work, right, It's just a ton of work
to you know, flip one off and flip a different
one on and keep them technically serially in sync. Right,
Because if I'm doing something right now pointing to one place,
am I redundantly sending it to both places? And then
do you create some security exposures where now you're sending
(05:08):
it to two different places at the same time. But yeah,
I'm sure it'll be talked about more and more because
that's always the fear of losing your data right where
everyone's pushed you get away from servers. Servers are terrible,
someone hacksing and destroys your server, versus multi factor authentication
and pointing to different cloud providers as that's the safe thing.
But you get situations like today where you're handcuffed. So
(05:32):
we have dr disaster recovery things where we create copies
of items that are stored you know, tight and locked,
but do have some local data just in case we
lost our CRM or some along the excellence.
Speaker 2 (05:46):
But it's tough you go exactly.
Speaker 1 (05:49):
I'm looking at the latest update just to kind of
give everybody an idea in case, again you're trying to
get into some business, you know, online and you're not
able to do it again.
Speaker 2 (05:57):
This is a global situation.
Speaker 1 (05:59):
But according to down Detector, which is a service that
tracks these type of things, Disney's having problems on their site,
Lift McDonald's, New York Times, Reddit, Ring Doorbell, many of
you have that Robin Hood snapchat, United Airlines and then
it goes global. British, the British Government's website is being affected,
(06:20):
and you know, again the list this goes on on
and you know, here's another little heads up for everybody.
The outage also has brought down critical tools inside of
Amazon itself, inside their warehouse and delivery employees, along with
drivers from Amazon's Flux service. I was reported on Reddit
that their internal as systems were offline at many sites.
(06:40):
Some warehouse workers were instructed to stand by and brake
rooms and loading areas during their shift while they couldn't
load Amazon's Anytime pay app, which lets employees access a
portion of their paycheck immediately. I mean, you know, it
goes right on down. Then the Airlines, United Delta they
were impacted, and.
Speaker 2 (06:55):
So on and so forth. So that's a great, great explanation.
Speaker 1 (06:57):
Jason and Dennis, I appreciate that because like, I don't
know if you heard it, Jason, because you were just
coming in. But I told Dennis, it's like when when
I you know, because this happened early this morning while
we were asleep, and you know, when I did my
first stock update this morning.
Speaker 2 (07:10):
And I'm like, you know this, this is an area
that you don't think a lot about, right.
Speaker 1 (07:14):
You know, obviously we are all very concerned of cybersecurity
and other types of uh you know, risk too, because
we're you know, everything.
Speaker 2 (07:21):
We all do is all online now.
Speaker 1 (07:23):
And now you know, you go, huh, these companies they
got their data saved on this, but yeah, what.
Speaker 2 (07:27):
A what a uh what a vulnerability that many people have.
So but Dennis, just real quickly and then we'll get
to get the show roll in here. Tell everybody what
it's about.
Speaker 1 (07:36):
You were saying, they have contracts like like Amazon et cetera,
with companies that they rely upon or they guaranteed you know,
almost a one percent. So do you think in a
situation like this that that Amazon would in turn have
to you know, write a check to to customers that
have that contract Because I know, you know, I used
starlink at one of our locations and remember a month
(07:58):
or so ago they were down for good majority of
a day and I ended up getting quite a bit
of credit back, I mean pretty substantial dollar amount, you know,
just just so there must have been some guarantee I
wasn't even aware of.
Speaker 2 (08:09):
But what happens on the corporate.
Speaker 3 (08:11):
Side, well, I'm going to really kind of compare it
to Microsoft, where I was very familiar with their support levels.
First of all, you have to have that level of
a relationship and agreement with with with the carrier. You
pay more for that kind of you know, that kind
of service. That's the highest level of service. Those those
(08:34):
customers are all on the phone. They have people assigned
to them for situations just like this. They're on the phone,
they're getting updates by the second. I mean, it's it's
very very critical. It is that level of support until
things get resolved, and you know, it could go on
for a while. It is kind of unusual that this
is a global thing and not just a regional thing too.
That kind of extend to the severity of what's going
(08:56):
on here, right.
Speaker 1 (08:58):
Right, Okay, very good? All right, folks, Well here's that.
That's that explanation. We hadn't heard what was going on
in the world of internet and now we all use
it now, you know.
Speaker 2 (09:09):
So yeah, I was Jason.
Speaker 1 (09:10):
I was telling everybody that, yeah, we're waiting for you
to join because one of the services we used to
video record our show obviously uses that. And uh yeah,
you logged in and you got a big error message.
Speaker 5 (09:20):
Right I did.
Speaker 4 (09:22):
I did, which is good because you know, I needed
to do my makeup and whatnot.
Speaker 2 (09:28):
Fluff the go tea.
Speaker 1 (09:31):
You're handsome, no matter how mess looking good looking, good
looking good.
Speaker 2 (09:36):
I'm just visualized.
Speaker 5 (09:37):
I don't even have to wear pants, which is good.
Speaker 1 (09:39):
Right there, you go, there you go. That's the real reason,
right there. All right, boys, Well, excellent explanation again. All right, folks,
let me tell you what we have lined up here.
Of course, doctor Dennis Sanchez, the AI doctor, has joined us,
as he does each and every Monday, so we can,
after we do our market update, move over into the
world of AI, which again is an area, speaking of
technology that's dominating all our lives. You know, folks, we
(10:02):
have learned through talking to people so many studies, et cetera,
et cetera, that this area that Dennist has been focusing
on on the show that the AI solo entrepreneur that
of course, this is what we think is going to
be one of the fastest growth areas of small business
going forward. That many of these people that are again
moving into this area, you know, the part time, full time,
(10:23):
whatever the reason is behind it, that they're you know
again solo, Remember, folks, that's the key word. They're facing
a lot of challenges, right. They don't have a coworker
in many cases to go talk to like man, I'm
a little nervous on this, or I can't figure this out.
A lot of them are working again, as the name says,
on their own. So they're facing challenges like fear, like stress,
doubt in their new roles, right, something that all of
(10:45):
us that have a business went through in our initial
stages and maybe still continue to go through.
Speaker 2 (10:50):
But yet the solo aipreneurs, there's a distinction.
Speaker 1 (10:55):
And I tell you, I'm so thrilled to talk about
this topic with you, Dennis, that you know some of
these individuals when these issues, the fear of the stress,
et cetera, some of these issues, there's some of these individuals,
I should say, absolutely thrive in the face of pressure.
Speaker 2 (11:10):
Right.
Speaker 1 (11:11):
They remain cool, calm, collected, they remain motivated, they adapt
and eventually build successful businesses. The other side, however, just
the opposite, right, they face all these hurdles, they begin
to struggle to survive and as a result, they go,
you know what, I give up on this thing. I've
been at it for two months. I'm going back to
a nine to five type of job. Well, before you
(11:32):
do that, what Dennis is going to outline for us,
and again it's very fascinating us. What makes the difference,
What makes that difference between that solopreneur that wants to
continue to fight and build that business versus the others.
Speaker 2 (11:43):
That this throw in the tell.
Speaker 1 (11:45):
So what we're going to do this afternoon is we're
going to be going over a seven point list that
Dennis is put together titled the seven reasons why some.
Speaker 2 (11:55):
Aipreneurs thrive and others don't.
Speaker 1 (11:58):
But you know, Dennis, I want your comment on this
when we come back from the break. As I went
through your notes, the first analogy and maybe you wrote
it this way, I don't know. The first analogy that
came to my mind when you talk about again the
ones that are successful the ones that give up. Two
people types of people came to mind. Number one an
(12:19):
athlete and number two the military. Right those two individuals, right,
is that a good analogy, and so you know we'll
come back.
Speaker 2 (12:29):
We're going to hit the stock market recap. Had a
great day in the market today.
Speaker 1 (12:31):
Jason will give us the recap on that, and then
we'll get into our top several reasons why some AI
solopreneurs thrive and others don't. We'll get Dennis's explanation about
this analogy between that the successful entrepreneurs again or not
even professional, but just a good athlete and a military person.
So great stuff to talk about. Started over to what
Kristen Snow is speaking of great people to talk to
in the right now traffic center. How are you, my dear,
(12:55):
fantastic happy Monday, Thank you, Welcome back to the John
Sanchiaz showing his talk seven eighty k O Wait's with
Jason Gunn and my brother, doctor Dennis Sanchez, the AI doctor. Well,
as I said, we had a great session today. Finished
that five hundred and sixteen on the Dow one point
one two percent to a close of forty six thousand,
seven oh six, Nazek surging three hundred and eleven points
(13:16):
one point three seven percent, and the SMB up seventy
one points one point zero seven percent, and mister Gaunt's
darlings the Russell two thousand, a one point ninety five
percent increase there taking away Jason, what a day it was.
Speaker 4 (13:29):
Yeah, definitely a little bit of a risk back on
today as more themes were coming up. Clearly Apple would
be the most dominant with couple upgrades. Price target rais
is just off of the excitement around the iPhone seventeen,
you know, really seeing I think biggest adoption because of
the fact that so many subsidies are happening with Verizon
(13:50):
and AT and T and everyone basically giving you a
free phone. So people are like, hey, might as well
you know other things. Robin Hood stock up four and
a half percent. We've seen a lot of people talk
about tokenization of assets and alternatives to the standard normal
trading that we do every single day. Robinhood coin based
those all look to benefit from it. Names like trade
(14:11):
Desk they were up a lot today, they were underwhelming
last week, but seeing more and more on the meta
trade desk side that people are looking to use the
inner web for more advertising, and I mean the disaster
we talked about a lot was obviously Amazon. I mean,
stock didn't suffer all that much. I think it was
in the green even today, but it just highlights some
(14:33):
of the concerns in general around the dependency for technology.
But Google's up meta was up. It was just a
I would say risk back on type day, especially as
you're flirting with all time highs again higher people thinking
that you don't get through the month of October and
rates continue to go lower as long as some happiness
around maybe calm with obviously Israel, Gaza, maybe Ukraine finds
(14:57):
some sort.
Speaker 2 (14:57):
Of solutions set and that's not going too well.
Speaker 4 (15:00):
Yeah now, but at least market wise, people are certainly
thinking the risk is higher just due to the chase that.
Speaker 2 (15:06):
YE could be there the end of the year.
Speaker 4 (15:08):
So I got enough bad news, I think to do
anything to chase people higher.
Speaker 1 (15:14):
Absolutely well. Things also got started in a positive note
this morning. Kevin Hassett was on CNBC this morning. They
were talking him about all kinds of different things, and
I remember he's the White House Economic Advisor, and through
his nasally comments he says, you know, it's pretty likely
the shutdown is going to end sometime this week, and
the CNBC hostman, what, yeah, just kind of it's likely
(15:38):
to end sometime this week, and Man the Future shot
up that as soon as he said that, now some
are saying it's November first, you know, some are saying,
he said this week, So who knows, but market has
become very optimistic that the shutdown is, you know, getting
likely to end. And then Jason, of course, you know,
not only had that, but this one got me too.
You know, back to the the the rare earths and
(15:59):
things that we've been talking about. For the most part,
most of them had a pretty good session. This was
an interesting story and Jason and I really follow these
rare earths very closely. Trump signed a deal with Australia
in regards to basically, hey, let us have let us
buy some of your rare earths from you. You don't remember, folks,
(16:19):
of rare earths are used primarily in creating magnets. That
from semiconductors, automobiles, dead airplanes. They all need magnets in
some form or fashion. So we saw the ars you know,
begin to take off on that. But then he also
said that he you know, back to this issue Jason,
that you and I touched on a lot last week about
on again, off again, is he going to meet with China,
you know, regarding rare earths and some of the other things,
(16:40):
and he goes, yeah, I'm plinally to visit with China
in early twenty twenty six. Like really, you know, so
it was supposed to be the end of this month
or maybe November. The date has been moved all around,
but now it's next year and market I thought for
sure when that news headline hit, the market was going
to be upset about that, but it just you know,
brushed it aside. And I guess last thing from my perspective,
(17:01):
we of course earning season, as you mentioned on Friday,
really kicking off this week and a lot of big
names coming out this week and so on and so forth.
Speaker 2 (17:08):
But you know, ahead of that, you had good movement.
Speaker 1 (17:10):
A Meta was up fifteen dollars and twenty six cents
two point one three percent rise, Goog up three dollars
and twenty three cents, Netflix rising thirty nine dollars and
twenty cents, and then you'd mentioned Apple, what a big
move on that one Today nine dollars and ninety five
cents three point ninety four percent. Remember, folks, it's a
Dow component, so that helped out the average. Two sixty
two to twenty four was the close and loop. Capitol
(17:31):
also upgraded the stock to a BI rating from a
HOLE with a new price target. I don't think I've
ever seen this high of a price target, Jay three
hundred and fifteen bucks a share. That was that was
a that was a you know, I don't know if
it's a far reach, but that's a yeah. Again, you're
talking the stock at you know, two sixty two and
some change, and to go all the way to three fifteen,
so you know, that was that.
Speaker 2 (17:48):
Was good news there.
Speaker 1 (17:49):
So yeah, overall, just one of those days we didn't
have any bad news and some pretty good news coming
our way.
Speaker 2 (17:53):
Anything else you want to add.
Speaker 5 (17:54):
No, I think you're spot on.
Speaker 4 (17:56):
It's but all time highs and Marco wants to go higher.
Speaker 2 (18:01):
And we should throw this in that.
Speaker 1 (18:03):
This is in addition to goal prices one hundred and
forty six dollars and forty cent game pronouns four thousand,
three fifty nine ten. Any comment there, No.
Speaker 4 (18:11):
I mean, good move today, especially off of the ugly
Friday move in some of these Yeah, mention it to
you offline. If you had another down day today could
get ugly, So a nice little buying.
Speaker 5 (18:20):
The dip mentality.
Speaker 1 (18:21):
Absolutely close below four percent, by the way, on the
tenure down two basis points three ninety nine, so interest
rates moving in our direction and quiet day for oil
down eight cents fifty seven oh three. All right, you're
now with to date on the market. Now let's get
you up to date in the world of AI. Why
do some solo AI entrepreneurs succeed? Why do others fail?
The top seven reasons is what doctor Sanchez put together
for us. So we'll bring him back on the line
(18:42):
and get ready to go after we come back from
news trafficking weather. It's sort out to Jack Saban, Hey, Jack,
welcome back. Excuse me, welcome back to the John Sanchez
showing new doc seven to eighty k witch with doctor
Dennis Sanchez and of course my partner Jason Gaunt. We
finished up five to sixteen on the down then NAZDAC
grows three to eighteen the s and.
Speaker 2 (19:00):
PP seventy one.
Speaker 1 (19:01):
All right, again each and every Monday, we are fortunate
to have Dennis join us again. He has spent his
pretty much entire career in the world of technology. His
main focus for these last few years, of course, has
been the onslaught of AI, and he's been doing a
great job with us for the last few weeks talking
about the solo AI solo preneur. Right, so many people
(19:22):
predictions are millions of people will be potentially losing their
jobs over the next few years due to AI. And
people need a business. They're looking for things to do,
and now, thanks to the advent of AI, you can
start a business very easily and run it yourself. No employees,
no clicking mortar, on and on and on. But you
got don't know what you're doing. So we're going to
get into the mindset of these individuals again. Why do
(19:44):
some people succeed? Why do others fail? So, Dennis, real
quickly before we get to your seven points. I made
the analogy earlier as I went through your points preparing
for the show, that the winners and the losers as
i'll call them, right, the guy or gal that has
the true grit to push through to get this business
off the ground versus the one that goes, you know,
spend a month it's not working. I'm throwing in the
towel very similar to athletes as well as military. Do
(20:09):
you mind if I mentioned about your one of your
incredible sons real quickly on the athletic side, Sure, okay,
you bet so. I am extremely proud of my my
youngest nephew at Dennis's youngest son, Cooper. You can look
on the internet and you'll find him everywhere. He is
an upcoming rising star in professional soccer. He's currently with
(20:29):
Atlanta United. Uh he's what he left today, Dennis for
the World Cup.
Speaker 3 (20:34):
Correct, that's correct, Tea, Yeah.
Speaker 1 (20:38):
Exactly, yeap, exactly. So just an absolute stud and and
Dennis shares with me, you know again what goes on
in the world of a professional athlete, even you know,
obviously a young one, which is so very typical and
professional sports, especially soccer. So Dennis, I don't know if
that that played in as you made up these points
at all about what you see in your son and
(20:59):
you know, again pushing through right the true great. I mean,
he played his last game yesterday that that we watched,
you know, on Apple TV. He played his last game
in the in the Mercedes Dome, and ten minutes after
the game ends, his coach gets fired.
Speaker 2 (21:12):
He has to deal with that adversity with the other players. Right,
So it's like, wow, it wasn't his fault, It wasn't
his fault. No, not not whatsoever whatsoever? Oh joys. But anyways,
so real quickly do you see that similarity? Also?
Speaker 3 (21:29):
Like I do, yes and no. I think what we've
learned more than anything else is there isn't. You can't
assume that any one type of career, any background, is
perfect for this role. It's more about the individual. What
I mean is that even among athletes, you could find
some that are the opposite of growth minded. They're fixed
(21:52):
minded because they don't change their routine, they don't do
anything different because they worked for them before the same
thing in the middle. I've worked around a lot of
a lot of people who worked for the military and
went on to you know, other companies, and they speak
so much of things rules and things like that that
are antiquated and the military not moving forward to change things.
(22:16):
So it's you're you're certainly going to find qualified people
within those ranks, so to speak. But it's more about
the individual, and it's not even about the technology. I
think this is good news because what it's saying is
that it's not the technology, it's not the business acumen.
In this situation, it certainly helps, it might give some
people a head start, but it's more about the individual
(22:36):
and those are who are you? How are you made up?
And these are also if you have gaps in these areas,
you can you can learn, you can develop them. So
nobody's out of the out of the hunt for these
types of roles.
Speaker 1 (22:49):
All right, So let's let's lay out our first point
and then I'll turn the second one over to Jason.
So your first point is learn it at all, know
it growth mindset. So the core idea behind and this
is the thrivers. The successful people say, quote, I don't
know how yet, right. They treat every hard thing as
a learnable skill. The strugglers they read challenges as talent tests.
(23:12):
They avoid them, they give up on them.
Speaker 3 (23:15):
That's that's correct, And it's it's learned it all or
know it all. If you come into that with that
attitude where I already know all this stuff. You know,
I've done business before, I did this in my role
just the way do you You know, you experience what
it's like to be work by yourself and work with
those challenges whereas the thriver is and they thrive on
(23:40):
those kinds of challenges because they're going to learn something new.
You know, I'm a solo entrepreneur myself, and every day
I kind of take a inventory of, yeah, I didn't
work it, didn't work on it, working on this, but
you know what, I did this little thing, and sometimes
that's enough to make me feel like it was a
good day.
Speaker 1 (23:59):
And that that's the great thing about being a solopreneur
because you can change it so fast. Right, you don't
need a board of directors, you don't need to go
up to Chaine. It come in, you just change it.
If it doesn't work, change it, move on, right, And
the main thing is not to get down on yourself.
Jason take away point number two. This is a great one.
Speaker 5 (24:15):
This is my favorite actually, yep.
Speaker 4 (24:16):
You know, really comes down to grit resilience, taking every
sort of setback of feedback loop as a way to
figure out your process and how to fix it and
make it better.
Speaker 5 (24:28):
Like no finish lines.
Speaker 2 (24:29):
Right.
Speaker 4 (24:30):
The lines here is thrivers normalize setbacks and keep going.
Strugglers personalize them and quit early. Right, So anything that
is worth doing is worth getting better at and also
realizing that you're not as good as you think you are.
So grit is I think probably the most important thing
I could teach anyone my kids. It's like the thing
(24:51):
that I think of before anything else.
Speaker 1 (24:53):
Right, But let's go back to your head fund days.
When I saw this, I thought of you, this really
goes into trading and investing also, right, and then I'll
turn it over to this. But failures are feedback loops, right,
not finish lines. How many times all of us? Right,
you do a trade and you go, what the hell
was I thinking?
Speaker 2 (25:09):
That was stupid?
Speaker 1 (25:10):
I lost it, you know, and then you gotta you
gotta pick yourself up, right, You gotta, you gotta, you
gotta move on otherwise you're done.
Speaker 2 (25:16):
Right.
Speaker 4 (25:17):
Yeah, I mean that's like we talk about with just
risk management in general.
Speaker 5 (25:21):
Yeah.
Speaker 4 (25:22):
I have processes that I've built because I've burned my
hands on stoves, right, so I do my very best
to not burn my hands anymore. So how do you
figure out a way around the stove and still be
close to it? Because you got to be near the stove,
but you don't want to put your hands on it.
And I think that's the part that is so important.
Is to you know, it doesn't mean you don't do
it anymore, you just figure better way to do it,
(25:44):
because yeah, learn and learn again.
Speaker 2 (25:48):
Yep. Okay, then let's go right ahead. How is this
time to the AI so.
Speaker 3 (25:51):
Opener the point three or point two?
Speaker 2 (25:57):
No point two, let's finish yeah point two?
Speaker 3 (25:59):
Oh okay, Uh, it's it's just you know, basically, you're
going to have to be able to bounce back every day.
There's a there's a there's a common word to all this.
It's iteration. Iteration is every day be ready to change
their whole project management models based on especially with UH
(26:21):
with technology, be open to changing every single day. Instead
of planning for long ranges of time a change, be
open to changing your plan maybe every day. And that's
that's that's you know, and and sticking with it because
you may have to change it one hundred times more
before it, you know, really works. But again, you're a pioneer.
(26:41):
You're you're discovering new things, you're solving problems that nobody
else may be solving, and you're you know, so that's
that's just part of it.
Speaker 1 (26:49):
Okay, You're you're you're your studies, your doctorate is in psychology, right,
So bring in that real quickly before you go to
point three. Bring in the psychological side of things from
from your studies and.
Speaker 2 (27:01):
So on and so forth.
Speaker 1 (27:02):
Because it's easy to sit here behind a microphone and say, oh,
thririvals and thrivers, normalized setbacks and keep going struggles, personalize
them and quit early. Okay, we all know, we're all successful,
we all have done this in our lives. But for
the person out there that has never dealt with this,
what's your your your psychological advice.
Speaker 3 (27:20):
There, Well, it can be taught. And actually, the whole
grit grit concept, the whole grit model came out of
studies with West Point and it because they were military. Yeah,
they were trying to figure out why so many academies
(27:40):
couldn't make it through or dropping out. And it wasn't
because they were the best students in school. It wasn't
because of the best athletes, it wasn't because of any
but they narrowed it down to one thing. It was
actually the fact that they had grips and resilience and
they were able to deal with the all the challenges
(28:02):
in the academy they experience, such as the uh, you know,
the work, the physical part of it, the mental part.
I mean those are hard working students, the military part.
It takes a special kind of person. But they that's
what they identified is that's that's that's the difference. And
the same thing with growth. The growth mindset model came
out of studying education when they were looking at why
(28:25):
were some students so successful and then others that came
from the best families, that had straight a's and the
best scores that were failing. And it was because the
growth mindset students were disaccepting. They didn't they didn't recognize failure.
It was like this was a mistake, a smart from it.
And so both of those concepts came out of real
(28:46):
real life.
Speaker 1 (28:48):
Yeah, okay, there you go. And I don't know about
you guys. I'll be curious real quick for go to
break Jason, We'll start with you. I noticed the older
I get, the less tolerant I am for failure, where
when I was younger, it's like, okay, no big deal.
Maybe because you know you're you're you're seeing the.
Speaker 2 (29:02):
Light at the end of the tunnel.
Speaker 1 (29:03):
When you're older and you're like, oh, okay, you know,
my days are getting kind of my years are getting
kind of numbered here, but I cherish that I see
that with our employees and other young people and things
where they're like, you know, i'll try this. If it
doesn't work, great, I'm onto something else. Do you do
You agree with that, Jason that the older you get
it a little bit harder.
Speaker 4 (29:20):
It is harder, right, I mean, because we end up
sort of being married to our process a lot of time.
Speaker 2 (29:24):
Right. That doesn't fit.
Speaker 5 (29:25):
Into my normal all the time.
Speaker 4 (29:28):
Therefore I'm not going to do it right and and
that's something that's probably healthy too to I mean, I
know we touch on a little bit later with some
of these, but is being flexible that you can break
out of your norm and it sucks, it's hard, and
it feels weird, but ultimately, yes, you're gonna feel a
lot better for having done it.
Speaker 2 (29:44):
You're right, You're right, great point.
Speaker 1 (29:46):
All right, we'll come back with doctor Sanchez and Jason
on our third point, Pivot Power. Don't want to miss
This's wrap it up with Kristen snow right now Traffic Center,
Hello Christin, Welcome back to the John Sanchez showing his
top seven eighty. It's what Doctor Dennisantiez Jason Gunn and myself.
All Right, we've been talking about the top seven reasons
why some solo AI entrepreneurs thrive others don't. We talked
(30:08):
about learn it all, resilience, pivot power. All right, bro,
let's get to this pivot power. The adaptability over rigidity,
core ideas. Thrivers, update beliefs, fast, new evidence, new plan. Strugglers, Yeah,
they cling to the original script and they ignore feedback,
you know, that type of thing. So kind of, as
Jason alluded to on our point, our second point, they're
always looking in the past. They're not willing to adapt
(30:31):
and move forward when things aren't working.
Speaker 3 (30:34):
That's correct, and I like the the the point that
they're also they tend to really exercise confirmation bias in
their decisions. When you have that kind of attitude. Basically,
what that means is if you if you're if you're
looking at a plan and saying, I'm not going to
(30:54):
be successful here or there or here, and then when
you get some negative news, you go, see, I told
you so. But that's kind of you know, we can
we can visualize in all these points somebody buy themselves
having those conversations with themselves and That's why I'm going
to just take a chance here on point number five.
(31:18):
And let me let me also mention that all of
these points are in the new book that's coming out
at the next week, my new book called Thriving the
Heart and Mind of an Ai Solo Preeer, so you
can cover these in much more detail. But the the
number five humble learning self awareness. See when you're when
(31:38):
you catch yourself, for example, exercising confirmation bias. You want
to catch yourself and go, look what I'm doing. I'm
not I'm having this dialogue with myself and I'm cancing
myself by stock. Let me let me go back to
some of these points. Let me be open minded, let
me remember I need to be resilient, and let me know,
remember I need to be self aware, admit that I
have some blind spot and things like that, and deal.
Speaker 1 (32:02):
With Yeah, well, you're leaving out the second half of
your humble learning loop a point number five, which is
the ego driven founders defend bad ideas and burnout doing
everything themselves.
Speaker 2 (32:14):
Huh, who does that sound like? I know both of them.
Speaker 1 (32:18):
Both of you are laughing, going, uh huh, you were
at that one for me didn't you. I never did that. No,
I never did that. Yeah, yeah, yeah, I don't know
what you talking about? What to talk about? All right,
that's a great point. All right, you skip number four, Dennis.
Let's go back to that one real quick judicious risk
between overconfident, overconscious, overconscious. Well, this is a good one,
(32:39):
core idea. Theres thrivers make timely inform bets, ship measure
adjust Strugglers they swing to extremes, reckless leaps or analysis paralysis.
Speaker 3 (32:50):
And you know what, I think the best approach to that,
there's something in between. And I always refer when we're
talking about AI to the mind of a child. What
is a child not afraid? That child is curious and
they you know, you experiment, you discover, and then you
take a step back. You know, you learn your lesson.
(33:11):
And that's kind of what works really well, and these
kinds of situations too. But if you go in over confident,
you know what you're gonna get slapped down by life.
Speaker 2 (33:20):
Yes, yes, very very quickly.
Speaker 1 (33:23):
Absolutely all right, guys, we got about sixty seconds left, Dennis.
Let me let me read these final two real quick.
So we get those out and I'll let you summarize everything.
So number six is a purpose fuel. In other words,
the core idea. There is independence, meaning and love of
the craft that keeps the thrivers moving when money and
praise are delayed.
Speaker 2 (33:40):
Boy does it ever? I call that passion right.
Speaker 1 (33:41):
And the strugglers they chase external hits and they stall
when they don't arrive. And then finally number seven the
EQ seat belt. The core ideas. Thrivers regulate stress, they
seek perspective, mentor peer groups, et cetera, and avoid impulsive reactions.
The strugglers they ride wrote the emotional roller coaster with
no restraints. Man, you nailed these so many things. That
(34:03):
is so true. It is so true.
Speaker 2 (34:06):
All right.
Speaker 1 (34:06):
Your final advice for those seeking to be a solo
AI preneur, what's it?
Speaker 2 (34:09):
What is that right now?
Speaker 3 (34:13):
I would say, just just be honest with yourself and
know that the areas, know where the gaps are, and
then do something about it.
Speaker 2 (34:24):
Yeah, exactly, Jason, your final.
Speaker 5 (34:25):
Points, I think that's spot on. I like the EQ part.
Speaker 4 (34:28):
Take a little time before you react.
Speaker 1 (34:31):
There you go, and mine is find what you're ever
gonna do in this great world of AI solo preneur.
Find your passion before you do anything. If you find
that passion, there are no roadblocks, there's no nothing, nothing
but successful will come your way. So you got it
all folks, go make it happen. We'll see them on
on the John Sanchez Show.
Speaker 2 (34:49):
Coupless All Right by Sanchie has gone to Capital Management LLC.
The material in this program was intended as general information
only and should not be taken as specific in investment,
tax or legal advice. None of the information on this
broadcast was intended to be a solicitation for the purchase
or sale of any security. Further information is available by
(35:09):
contacting John at Sanchez Gaunt dot com or seven seven
five eight hundred one eight oh one.
Speaker 1 (35:15):
John Sanchez offers securities and advisory services through Independent Financial
Group LLC, a registered broker Dealer and Investment Advisor member
FINRA SIPC.
Speaker 2 (35:25):
Securities offered only in States. John Sanchez is registered in
Sanchez Gaunt Capital Management LLC. In Independent Financial Group LLC
are unaffiliated entities.
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