Excuse me, sir.
Sir, is this your Rolls Royce?
Yes.
And what line of business are you in?
What did you do to be able to afford a Rolls Royce?
I own the world's largest water park.
You own the world's largest water park?
My nickname is Aquaman.
Who am I here with today?
Jason Derulo.
What was the most amount of money that you've made in a single year?
$30 million.
Are you a business owner?
I am.
So I own about 13 businesses now.
13 companies?
Yes, sir.
What business has made you the most money?
You'll never be able to guess.
What was the most amount of money that you've made in a single year?
I mean, it's hundreds of millions.
In terms of 30 million this year.
Did you buy this Rolls Royce cash?
Yeah, so we're here in Dubai and in Dubai a lot of transactions happen cash.
So literally $600,000 bricks of cash.
What's a lesson about money that banks don't want people to know?
Banks?
I'll tell you something.
Look, you guys, we just landed in the supercar capital of the world, and no, i don't mean camels, i mean actual supercars, guys.
We're in dubai right now and today i'm going to be going all over the wealthiest areas in dubai to find supercar owners, to figure out what they did to be able to afford supercars from rolls royces to ferraris to g wagons, everything.
This video is going to be amazing from start to finish, you guys, so you're going to want to stay tuned but, with that being said, let's get this video on the way.
Excuse me, sir.
Sir, is this your G-Wagon?
Yeah, I made it.
And what did you do to be able to afford a G-Wagon out here in the UAE?
I own the world's largest water park.
You own the world's largest water park?
My nickname is Aquaman, basically.
How long have you been a business owner?
More than a decade.
Within a decade.
And I go all over the world interviewing the most successful entrepreneurs.
Could I interview you for the channel real quick?
Have you ever been broke before?
I was bankrupt twice, sued 24 times.
You were bankrupt twice.
And sued 24 times.
Yeah, yeah.
Oh, my goodness.
Yeah, yeah.
How did you come back from that?
Again, the genius thing is never quit.
I think people think because I'm from here, I'm born and raised from UAE.
It's like, oh, you're born with money.
You have all money.
I mean, I wish that was the story, but that wasn't the case.
So you don't come from money?
No, no, I don't.
My family was nice people, mid-class, one job all their life.
And then I was the black sheep.
And it's like, no, you're going to be different.
And that's how it became.
But yeah.
Bankrupt was, I still remember I got once a text on my phone.
I had $1.8 million in negative.
For the next four years.
I'm just paying back debts that my partner that was with me in the business got us in.
And then eventually it became now the biggest one in the world.
Why did you get sued 24 times?
Suppliers, old partner, pet party suppliers, employees, different things.
Because when you're in business, people always want to sue you.
So how important is it to choose the right business partner?
It is the most important thing.
Now I'm playing solo.
All my companies, I do joint ventures with people.
Do you prefer it that way to have complete ownership?
Personally, yes.
Why is that?
Because I've had bad experiences with partners.
Because again, I am very aggressive in business.
I'm very open for failure.
I love failing.
I have been in love and failing for so long.
So for me, most people are scared of losing money.
For me, it's just money.
It's like, so what?
It's just money.
Let's make more of it.
Because I know how it feels to have money and not to have money.
I've been both spectrums of the...
But you failed a lot as an entrepreneur.
Oh, yeah.
My first year, I was rejected 617 times.
First year.
617 times?
First year.
Every day, I was getting at least two no's.
Every no is one step closer to a yes.
Exactly.
Now I know how to navigate them much faster.
And again, all these no's built me up to become what I am right now.
I will never look back and say, oh, It was horrible.
That's the best lesson I've ever had.
What's the deepest life quote that you've ever heard?
Something that I wrote to myself.
Actually, this is something I want to show you.
I wrote this to myself eight years ago, when I had three legal cases on me and I was, I think, a quarter million dollars in debt.
Train your mind harder than your body.
Never accept someone else's limitation.
Pain is essential.
Visualize what you want all the time.
Learn the meaning of overload.
Become obsessed.
Never become satisfied.
That was me eight years ago.
So it seems like the mindset is everything.
It's the only thing.
More important than skill sets.
Skill sets, you can always gain them.
But the mindset is, again, you either have it or you don't have it.
You can't be motivated all day, but you need to be disciplined.
You got amazing advice, my friend.
Thank you so much for your time, man.
Thank you.
Appreciate you.
Good luck.
You need to come to the water park.
Let's go.
Guys, that's got to be one of the wildest walk-ups I've ever done.
He owns the largest water park in the entire world.
But I want to highlight how there's a big misconception about wealth in the Middle East.
Everybody thinks that just because you live in places like Dubai and the UAE that you come from a ton of money.
He wasn't born into a super rich or wealthy family, but all he did was not take no for an answer.
He was rejected 600 times in a single year, but he kept his head down.
He kept going, learned how to sell and ended up making eight figures in a single year.
Great interview out here in Dubai.
We've got to keep this video rolling and go find another one.
Come on, let's go, you guys.
Excuse me, sir.
Sir, is this your Rolls Royce?
Yes.
And what line of business are you in?
What did you do to be able to afford a Rolls Royce?
So I own a fashion brand called Icon.
You're a business owner?
Yeah.
How long have you been an entrepreneur?
Six years.
Over these six years, what's the most amount of money you've made in a single year?
$30 million this year.
$30 million.
Now I go all over the world interviewing the biggest business owners.
Could I get one quick minute with you for the channel real quick?
Yeah.
Would you do it outside of the car?
Did you buy this Rolls Royce cash?
Yeah, so we're here in Dubai and in Dubai a lot of transactions happen cash.
So literally $600,000 bricks of cash.
So you bought this for $600,000?
Yeah, yeah.
That's incredible.
So what is the deepest life quote that you've ever heard?
Whatever you want, you can have it as long as you're willing to bleed for what you're asking.
So bleed for what you're asking?
Yes.
You got to put it all on the table is what you're saying.
Yes, yes.
You can have it all.
And I'm here because I'm willing to sacrifice who I am right now for who I want to be in the future.
And most people, they don't want to trade their current life for who they want to be later.
I'm willing to lock myself in.
Go monk mode.
Don't see friends for six months.
Don't be with no chicks.
I didn't care.
I only cared about who I had to become.
And everything has a price.
Your dream life has a price too.
So the question is, are you willing to pay that price?
To me, the answer was yes, every fucking time.
When you were coming up, did you have a lot of haters?
Too much, yeah.
And still do.
Look, if you don't want any haters, then becoming successful is not for you, because it's a part of it.
But in the beginning, it's more people hate on what they gave up on themselves.
So if they see you trying to pursue that business, you trying to become rich for yourself, and they've not had the balls to try it or they're just scared, then they will try to talk you down.
You know, and to me that was really hard in the beginning, but I'm very happy that inside I'm, inside my mind, I'm a very stubborn kid.
So if someone says to me you can do it, don't do it, I want it twice as much.
I was like fuck it, I will prove all these motherfuckers wrong in school, even close family members, maybe sometimes even the people you love or the people that love you, will talk down on you and you just have to think like once i'm successful, i will show them.
And that's exactly what i did and i can tell you with the hand on my heart there's no better feeling than proving the ones wrong.
You guys, this video has been insane and we're on our way to go get our next interview right now.
But i want to take a quick moment to let you guys know a very important, a very special announcement.
So a couple months ago I launched and built one of the biggest, one of the greatest entrepreneur communities in the entire world.
And you can join this community today for free.
Inside of this community.
Every single week I host live calls with the biggest business owners in the world, even billionaires, where they come in on these calls and directly mentor all of our members, where they teach them skills like how to sell, how to market, how to negotiate, how to start and scale a business, how to invest and make your money work for you.
For example, we had Todd Napola, who owns over $500 million worth of real estate.
He taught our community how to invest in real estate without having any money to your name.
Or how about Steven Klubeck, who sold his company to Hilton for $2.2 billion.
He taught our community how to sell and how to negotiate like a billionaire.
You guys, the only shortcut to success in today's world isn't having rich parents.
It isn't luck.
It isn't even hard work.
It's mentorship.
It's finding the people that are in the exact same places that you want to be and learning everything you possibly can from them.
So, once again, if you want to join the community today for free, all you have to do is go down to the link in the description of this video and join the school of mentors.
I can't wait to see you on the inside of the community.
It's going to be incredible.
With that being said, let's get back to the video.
Guys, I've got a very special surprise for you all right now.
We are headed to go interview Jason Derulo, one of the most successful musicians turned entrepreneurs in the entire world.
He's made hundreds of millions of dollars throughout his career in both music and in business, and currently owns over 10 companies.
So we're gonna go interview him and ask him how he created this wealth and how you can do the exact same thing just like him.
So let's go talk to Jason and see what he has to say.
Who am I here with today?
Jason Derulo.
What was the most amount of money that you've made in a single year?
Most amount of money that I've made in a single year, $30 million.
For those that don't know, what industry did you decide to pursue a career in?
So I started off in music.
Music was my first foray into any kind of success.
You know, I was obsessed with music as a kid.
Are you a business owner?
I am.
So I own about 13 businesses now.
13 companies.
Yes, sir.
What business has made you the most money?
You'll never be able to guess.
What business?
Car washes.
Car washes.
Car washes.
How many car washes do you own?
So I own about 65 car washes now.
65 car washes.
Why are car washes so profitable?
Car washes are amazing because essentially owning a piece of land, right?
So obviously you're going to be making money on that car wash every single day.
Everybody washes their car.
Their car is their pride and joy.
Even during the pandemic, people were washing their cars.
Ain't had nowhere to go, but but still was washing their cars.
It's the one thing that when we leave home is a representation of who we are and what our level of success is.
So it's profitable from that standpoint, but also it just being real estate.
You know, as time progresses it just appreciates in value, especially if you're able to make car washes like we've made and we've just been able to just have way better customer service than everybody and we pay attention to details.
So Every customer experience we treat it like it's our last chance at having that customer right.
I mean, that's all about customer experience.
So in other words, they're recession-proof.
Recession-proof.
I mean, so far.
So far, it's been recession-proof.
It's been pandemic-proof.
I mean, if you can make it through the pandemic, you can make it through anything.
As a multimillionaire, what is your best negotiation advice for anybody in business?
Oh, I got, I got those just for days.
So one of the key negotiation tactics, damn, I'm about to give up my game.
Wow.
Um, okay.
So a big, big, big one is allowing other people to make the offer first.
A lot of times you can shoot yourself in the foot and aim lower than you thought that you can get.
So for me, I always have somebody else make the offer first.
And sometimes I'm just shocked at what the number is.
I'm like, damn, well, shit, I'm glad I let you answer first because I was going to go here.
And then you, you know, sometimes that number can even double, you know.
That's game right there.
That's a big, big, big one.
That has been a game changer for me.
Another negotiation piece of advice.
Sometimes taking a breather from the situation is a good thing.
What I mean is, so you'll have a conversation, initial conversation.
You'll have gotten their offer.
Then you reciprocate right with something higher, always.
You know, you always got to say something higher.
Well, I was thinking more of this, da-da-da.
And if you guys cannot come to an agreement, let a little time pass.
Let two days pass and then come back to the situation.
Don't come back begging really quickly.
I treat it as if it's a relationship almost.
You can't be desperate.
You cannot be desperate.
And I think coming from a position of power is always the better route as opposed to coming in asking for something.
How old are you now?
22...
No.
37.
37.
If you were to go back in time and have a conversation with your 20-year-old self when you were starting from zero, what's the best piece of advice that you'd give to your 20-year-old self?
What you're not changing, you're choosing.
Break that down.
If you feel like you're overweight and you're not doing anything to change that, you're choosing to be overweight.
If you don't feel like you have enough money and you're not trying to change that, you're choosing to be broke. guys that was an amazing interview with jason derulo 30 million dollars in a single year and he just gave some of the best negotiation advice i've ever heard you guys got to realize he's been at the table with the biggest people in the music industry now business doing 30 million in a year crazy interview crazy snack out here in dubai you guys we got to keep this video rolling go get another one this video has been crazy come on what was the most amount of money that you've made in a single year I mean, it's hundreds of millions.
What's a lesson about money that banks don't want people to know?
Banks?
I'll tell you something.
Look, if a bank says I'm only going to take 1 of your money for managing all your things, that's not 1 of your money.
That's probably 95% of your income that you would have had in your lifetime.
Now you're like, how does that make sense?
It makes a lot of sense.
Because this is one of the tricks that people that are not into finances or generally anybody who pays taxes, let's call it taxes, because banks fees could also be called taxes, right.
Think about this.
If you live in a country that takes 25 income tax and you start with a dollar and over your lifetime you double this dollar over 20 periods.
This is just a numbers example. you would have $1,048,000, right?
That's just over 20 days, let's say, or 20 years, however you want to see it.
If you double that dollar for 20 times, you will end up with $1,048,000.
Now, how much would you have if somebody took 25% from your profits after the same period?
Around $750,000, whatever.
No, you would have 96% less. would have around 50 to 70 000 because they took away your compounding effect that is the trick because the base doesn't grow that fast and you will feel it at the end the compounding comes with the growing base they don't teach that in school you know that right i don't know why what's your best negotiation advice for anybody in business because you've been at the table with some happy hitters you know that you exited a company for a lot of money what's your best negotiation advice for anybody in business negotiations are won by the people who don't need the deal who could just walk away but you're always in some kind of a situation where you might really need the deal especially when you don't have a lot you might really need the deal so i was in a situation actually quite recently four or five years ago i was sitting in front of investors right we had a good business but we needed those investors because we're going into a market where they were kind of very powerful.
And they said, hey, there's a clause that we want to have in the contract.
And I didn't want that clause.
So it was already eight to nine months into a deal negotiation.
It's bankers sitting there, lawyers sitting here, and their lawyers are sitting there.
And it's a very tense situation.
And the deal is about to break.
And it's really a lot of money on the table.
So I said, we have to change the clause.
We can't do this It was bad for the shareholders.
And as a CEO, you are kind of the representative of all shareholders.
And then they said, we have the money, so we have the muscle.
I asked for a break.
I went out with my lawyers and my bankers.
I said, I think the deal is off.
They're like, you're crazy.
What are you doing?
We've been working for so long.
I said, okay, I have a situation.
I have a solution.
So I went back into the boardroom and I said, guys, what kind of CEO do you want to have?
Tomorrow you will be my shareholders as well.
So if you're my shareholder, you want a CEO who gives in and gives up if somebody says something like this.
Or you want a CEO who stands up and says this is not good for our shareholders and I'm not going to do this deal.
You might have the muscles, but I have the balls.
And I was quiet.
And they actually looked at it from that perspective now and say, yeah, he's kind of right.
So if he's now kind of weak in our negotiation, but tomorrow he's our CEO, I don't want to see you like that.
I want a strong CEO.
So that was one of the things that I learned later on.
Be diplomatic, never be disrespectful, but put yourself into their shoes after the deal.
That's really what helped.
You get amazing advice, man.
Thank you so much for your Thank you, thank you.
You guys, this video was incredible to make.
We gotta come back out to Dubai very soon because the content out here is amazing.
But I need you guys to like and subscribe for amazing content we've got coming very soon.
And if you're not a member yet, you guys need to join my private entrepreneur community.
The School of Mentors the links down in the description of this video to join, because members in our community can hop on live calls and ask questions directly to the millionaires and the billionaires that I interview about how to start and scale their businesses, the skill sets they need to develop, like sales negotiation, other things like how to create wealth and real estate in various other industries.
You do not want to miss out on this opportunity.
So to join, like I said, go to the link down in the description of this video.
I can't wait to see on the inside, but with that being said, I'll see you in the next video.
