The Most Ghetto Financial Audit Ever

*SHE REVEALS HERSELF IN THE POST SHOW* and we do a tour of the party bus, and it is the most ghetto trash sh*t I've ever seen in my life lol watch here: https://hamr.link/ytjoin *OR* download the brand new Hammer Elite App ➡️ https://hammerelite.com (discounted annual) Check out https://lelo.to/F2sXCALEBHAMMER and use my code CALEB20 for 20% off, stackable with current discounts and deals! 50% OFF IS LIVE. Merry Christmas in July you financially naughty little freaks. Take the NEW AND IMPROVED Hammer Quiz to see if your finances are naughty or nice, then get half OFF the exact courses you need to finally unf*ck your money: https://hamr.link/xmasjuly 💰 Download Dollarwise - Big Deals, New Features, Free Trial: https://go.dollarwise.com/join ============================= 👉 Checking & Savings: get a $200 bonus and earn 3.75% APY on your Savings with Chime®: https://secure.moneymatchup.com/chime-caleb-website 🔥 GamerSupps: tasty, cheap ($0.40/serving)! Save 10% with code CALEB: https://gamersupps.gg/caleb 🔥 Get Your Own *Hammer Financial Score* → https://hamr.link/newquiz ============================= *Sponsors for This Video* ============================= Use Yrefy to refinance your private student loans today at: https://yrefy.com/hammer or call (888) Yrefy-78 Check out Zocdoc and stop putting off those doctors appointments. Go to http://zocdoc.com/caleb to find and instantly book a top-rated doctor today. If you or someone you know experienced serious mental health struggles as a result of social media use, you may be entitled to a potential recovery of over $1,000. Visit https://morganmorganpa.sjv.io/c/7273707/3841482/23429?sharedid=caleb-hammer to submit a claim now. ============================= *Caleb Hammer Financial Resources* ============================= 👉 See if refinancing your high-interest debt saves money. Checking is free. → https://hamr.link/ytmoneylion2 👉 Find and compare much better AND cheaper car insurance for free → https://www.moneylion.com/network/hammer-media/auto-insurance/search 👉 Finally experience relief from your debt once and forall → https://www.moneylion.com/network/hammer-media/debt-relief/explore ============================= *Education* ============================= 👉 Get access to EVERYTHING I offer all in one place: https://bit.ly/4sUm2pb ⚡️Learn how to budget: https://bit.ly/4sspyGh ⚡️Learn how to invest: https://bit.ly/41mr8OP ⚡️Pay off your debt: https://bit.ly/41mr8OP ============================= *Extra Resources* ============================= 👉 Land a high-paying job with no experience or degree: ➡️ https://coursecareers.com/CalebHammer 👉 Get FREE MONEY by investing with Public! https://secure.moneymatchup.com/public-caleb 👉 Find the best credit cards for you with my quiz! https://cards.calebhammer.com/yt 👉 Get $20 from Acorns for free: ➡️ https://acorns.com/caleb 👉 Helium Mobile: Use promo code CALEB for a FREE plan ➡️ https://hellohelium.com/ 👉 Protect your online privacy and security for free with Aura: ➡️ https://aura.com/hammer ============================= *Chapters* ============================= 00:00 Intro 02:05 this isnt a poly thing lol 04:00 100% disability, who wouldve guessed it!! 08:24 buddy ignored the 30+ employees he walked past LMFAO 11:00 sooo everyone here is a bum? 13:45 someone call the IRS 20:50 so our asian friend is getting fleeced? 30:49 the passive aggression is kinda wild LMAO 38:10 oh boy we gave him a marker 41:42 theyre funneling through cashapp HAHAHA 43:50 okay this ricky guy and his fiance are just bad at business, straight up. 57:30 shes such a girl boss!!! 01:07:20 oh brother so many words that mean nothing 01:11:05 paying taxes is only for white people????? 01:15:00 LMFAAAO GIRL BOSS SPEAKING FOR HER MAN 01:22:10 chat would you work for these people? 01:29:20 the undeserved ego is actually insane. 01:40:40 temu on the business card, wow!! ============================= Want more content? ============================= 🍿 Caleb Hammer Clips: https://www.youtube.com/@calebhammerclips 🍿 Front Page Documentaries: https://www.youtube.com/@frontpagechannel ============================= *Connect with me!* ============================= TikTok: https://www.tiktok.com/@calebhammercomposer X: https://x.com/sircalebhammer IG: https://www.instagram.com/calebhammercomposer/ Facebook: https://www.facebook.com/calebhammercomposer/ ============================= *Want to be a guest on Financial Audit?* ============================= 👉 We film weekdays in our studio in Austin, Texas (in person only)! To apply, visit: https://calebhammer.com/apply *Some of the links and other products that appear in this video are from companies for which Caleb Hammer will earn an affiliate commission or referral bonus. This is not investment advice. Sponsorship and business inquiries: [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.

• 0:00Speaker 00

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• 0:27Speaker 01

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• 0:52Caleb Hammer?

  To watch episodes of Financial Audit a week earlier, check us out on YouTube. Okay, I have some advice. Kevin should walk away.

• 0:57Speaker 03

  It doesn't bother me.

• 0:58Speaker 04

  I spent hundreds of thousands of dollars and I have 50% equity. And if I walk away, you think this is okay? You go scot-free. You stole my money.

• 1:07Speaker 03

  I don't care or give a [bleep] about it being illegal. I make my money.

• 1:09Caleb Hammer?

  If we all have a big safety net, we're able to take more risk.

• 1:12Speaker 03

  Her safety net doesn't recall me in doing anything that I'm doing.

• 1:15Caleb Hammer?

  Well, you're fiance, you're about to be married, so that will be there.

• 1:18Speaker 03

  I don't rely on no woman to help me with nothing, period.

• 1:21Caleb Hammer?

  He called you a fraud in the pre-interview.

• 1:22Speaker 03

  There's nothing fraud about me.

• 1:24Caleb Hammer?

  He called you a fraud. I'm calling you a fraud. The audience will call you a fraud.

• 1:28Speaker 03

  Call me a fraud.

• 1:29Caleb Hammer?

  And I've met a lot of people like you. I have family members like you. The reality is, and it has to come down to some price.

• 1:35Speaker 03

  You've never met anybody like me.

• 1:36Caleb Hammer?

  I've met a lot of people like you. You're not unique.

• 1:38Speaker 03

  There's nobody like me, for one.

• 1:40Caleb Hammer?

  Merry Christmas in July! I'm in a giving mood, even for you naughty ones. Budget, debt, investing, real estate, all of it. 50% off right now! Not sure where you stand? My new and improved Hammer Quiz does the dirty work for you. Two minutes and you'll know exactly how naughty or nice your finances look. Plus, next steps based on your score. Take the quiz, then take advantage of 50% off, and finally fix your finances for good.

• 2:09Caleb Hammer?

  Hello, my name's Kevin. I'm 30 years old. I live in Dallas, Texas. Hey, I'm Ricky, I'm forty-two.

• 2:17Speaker 03

  I'm forty-two years old. I live in Colleen, Texas.

• 2:19Caleb Hammer?

  And I'm the bitch off camera. The woman off camera, named Cherry. Okay, and this is Financial Odd Guys. Okay, yeah. Weird one, weird intro, because I don't really, because you guys aren't dating. This isn't a gay couple thing.

• 2:34Speaker 03

  No.

• 2:35Caleb Hammer?

  But you guys are on, so it's weird. And there is someone off camera who, um, the thing is, I can't raise my voice to her because she's a veteran.

• 2:43Speaker 03

  Not like that.

• 2:44Caleb Hammer?

  And I can't be disrespectful. Those are her rules. So if you see me, be extra polite to her compared to any other guests on the show. That is why she's off camera. She has a name that I would normally insinuate belongs to professional dancers. But I will not insinuate that here because I cannot be disrespectful. But that is Cherry off camera. She will be talking to the mic. Hello, Cherry. Can you say hi to everyone?

• 3:04Speaker 05

  Hello, everyone.

• 3:05Caleb Hammer?

  Okay, very good. What the am I looking at, guys? This is a weird thing going on here. I don't, what the, what is this?

• 3:13Speaker 03

  What do you mean, what is this? What do you mean?

• 3:14Caleb Hammer?

  I don't know. We got a non, that aren't dating on my show. Plus, uh, Cherry off camera. Who am I talking to? What is happening here, guys?

• 3:25Speaker 03

  Okay, so this is my business partner.

• 3:27Caleb Hammer?

  Oh, so it is your partner?

• 3:28Speaker 03

  Yeah, this is my business partner. Not in, not in relationship-wise.

• 3:31Caleb Hammer?

  Hey, don't be homophobic.

• 3:32Speaker 03

  Yeah, we ain't, but you know, this is my business partner. This is my guy. This is my business, my guy, my friend.

• 3:39Caleb Hammer?

  Well done.

• 3:39Speaker 03

  You know, and everything like that, you know? And that over there is, that over there is, is my partner in life.

• 3:46Caleb Hammer?

  Well done. Well done. Well done. Forty-two and twenty-eight. Nice big gap there, so.

• 3:53Speaker 03

  I'm a good-looking guy.

• 3:54Caleb Hammer?

  Yeah, good-looking guy.

• 3:55Speaker 05

  Successful woman.

• 3:56Caleb Hammer?

  Yeah, yes, are you?

• 3:58Speaker 05

  Yes.

• 3:58Caleb Hammer?

  Good, good, good. Well, actually, Cherry, I guess, if, what do you do for a living?

• 4:03Speaker 05

  A lot. I own a business. I actually am a veteran. I went to nursing school, two thousand twenty-one, and I'm in school again for my Bachelor's of Business in Management and Marketing.

• 4:13Caleb Hammer?

  Is the business, she owns the business we're talking about?

• 4:15Speaker 03

  No.

• 4:16Caleb Hammer?

  Okay, what's your business?

• 4:17Speaker 05

  Um, pole instructor, dance instructor.

• 4:21Caleb Hammer?

  Okay.

• 4:21Speaker 03

  Yeah.

• 4:22Caleb Hammer?

  No jokes will be made.

• 4:24Speaker 03

  You can make some jokes about the dance instructions.

• 4:26Caleb Hammer?

  I don't think so. She was saying, I don't want to be disrespected, which is incredibly vague and horribly subjective.

• 4:35Caleb Hammer?

  But I respect everyone's consent. That's good. How much you make for that, Sherri?

• 4:39Speaker 05

  Eight berries.

• 4:40Caleb Hammer?

  Let's try to get a number. Let's try to get an average of a number.

• 4:43Speaker 05

  Are we talking monthly, hourly?

• 4:45Caleb Hammer?

  Sure, let's do monthly.

• 4:47Speaker 05

  Monthly, about fifteen hundred.

• 4:50Caleb Hammer?

  Okay, I thought I heard the word success somewhere. Okay, the veteran, are you on VA disability?

• 4:59Speaker 05

  Yes, I am.

• 5:00Caleb Hammer?

  Uh, how much?

• 5:01Speaker 05

  Hmm, I'll keep that private.

• 5:03Caleb Hammer?

  Okay.

• 5:04Speaker 03

  This is pretty good amount.

• 5:06Caleb Hammer?

  I'm sure. Is she at a hundred percent?

• 5:08Speaker 03

  Yeah.

• 5:08Caleb Hammer?

  What's your disability?

• 5:10Speaker 05

  PTSD and a lot of other things.

• 5:12Caleb Hammer?

  What other things?

• 5:13Speaker 05

  Other things.

• 5:14Caleb Hammer?

  What are they?

• 5:15Speaker 03

  She can't mention them on camera.

• 5:16Speaker 05

  I can't mention those.

• 5:17Caleb Hammer?

  What's that?

• 5:18Speaker 03

  It's private.

• 5:18Speaker 05

  It's private. I'm moving sandbags fifteen feet that way. That's what I'm doing.

• 5:22Caleb Hammer?

  Why? Doesn't look like I know. Well, so she can mention them, they're just private.

• 5:27Speaker 03

  But it's just very, very private.

• 5:28Caleb Hammer?

  Do you actually have disability?

• 5:29Speaker 05

  Yes, I do.

• 5:30Speaker 03

  Yeah, that's why she got the hundred percent.

• 5:33Caleb Hammer?

  That's not why.

• 5:33Speaker 05

  That's why I have a mortgage.

• 5:35Caleb Hammer?

  No, you, huh? That doesn't make sense.

• 5:39Speaker 03

  You said that's my why, but it is why she has the disability because it's private. It's a private situation between her and why she got the hundred percent to get the disability.

• 5:48Caleb Hammer?

  Well, sure, if she keeps it private, then it's private.

• 5:51Speaker 03

  Right, right, right.

• 5:51Caleb Hammer?

  It's not instructed to be private.

• 5:53Speaker 03

  Yeah, it's not instructed to be private.

• 5:54Caleb Hammer?

  So it's private by choice.

• 5:55Speaker 05

  Yes.

• 5:56Caleb Hammer?

  Um, okay, so, well, I guess the first veteran in the history of the show, you know what? Good strategy because everyone else has outed themselves on this show of not actually having a disability. So you keep that to yourself and you keep collecting that check. I don't, that's the, that's the right way to do it. If we know how to use the system, am I right, girl? So I'm guessing it's about eight thousand dollars.

• 6:20Caleb Hammer?

  Okay, good. So your success is disability?

• 6:23Speaker 05

  No. My success is everything that I do.

• 6:25Caleb Hammer?

  Okay, well, fifteen hundred from and eight thousand from disability.

• 6:30Speaker 05

  Who said anything about?

• 6:31Caleb Hammer?

  Pole dancing instruction?

• 6:32Speaker 05

  Instructor, that's two totally different things.

• 6:34Caleb Hammer?

  Okay, fifteen hundred, eight thousand is disability. So your success is disability?

• 6:38Speaker 05

  No, it's not.

• 6:39Caleb Hammer?

  Oh, is there a number somewhere else I'm missing?

• 6:41Speaker 03

  No, it's not a number you're missing.

• 6:43Caleb Hammer?

  Okay, so that is...

• 6:45Speaker 03

  She makes money from the business.

• 6:47Speaker 05

  I make money from going to school. I make money from a lot of different things.

• 6:50Caleb Hammer?

  From school?

• 6:50Speaker 05

  Yes, I'm in school as well.

• 6:52Caleb Hammer?

  You make money from that?

• 6:53Speaker 05

  Yes, they pay, when you're a veteran, they pay you to go to school and your school's also...

• 6:56Caleb Hammer?

  So you're not making money, you're getting it. Okay, and thank you for serving. What was your service?

• 7:01Speaker 05

  Ninety-two golf.

• 7:02Caleb Hammer?

  Huh?

• 7:03Speaker 03

  Ninety-two golf.

• 7:03Speaker 05

  Ninety-two golf.

• 7:04Caleb Hammer?

  Oh, I'm not informed.

• 7:05Speaker 03

  I don't know what it is.

• 7:06Speaker 05

  Culinary specialist.

• 7:07Speaker 03

  Yeah.

• 7:09Caleb Hammer?

  This is our second cook on disability on the show, hundred percent?

• 7:12Speaker 03

  Yeah, I guess so.

• 7:20Caleb Hammer?

  Okay. Okay, so sixteen percent of your income comes from your job?

• 7:26Speaker 05

  Excuse me?

• 7:26Caleb Hammer?

  Sixteen percent of your income comes from your job?

• 7:30Speaker 05

  Maybe.

• 7:31Caleb Hammer?

  That's successful. What do you do, Kevin?

• 7:33Speaker 04

  I'm a fraud analyst for a financial institution.

• 7:36Caleb Hammer?

  Now, that's a job. What do you, what do you, what do you make?

• 7:40Speaker 04

  I make a hundred K and ten K bonus at the end annually.

• 7:44Caleb Hammer?

  What hits on your monthly basis? And why am I incorporating you into this? I still don't understand why. And why should I collect your income? Because I want to see Miss Cherry, even though I'm picking on her, picking on her a little. And Ricky, I want them to do very well. You're in the middle.

• 8:02Speaker 04

  Yes, we'll dive deeper in how me and Ricky have met.

• 8:06Caleb Hammer?

  I would hope so, because this is like, should I even incorporate your income? Am I going to write it down? Probably not, actually. I'll cross it out. Ricky, what do you do?

• 8:13Speaker 03

  What I do now and what I did before we met is two different things. What we did, what I did before...

• 8:18Caleb Hammer?

  What do you do now? I'm trying to get your income.

• 8:20Speaker 03

  I run the company now.

• 8:21Caleb Hammer?

  The company, not her pole education?

• 8:26Speaker 03

  It's pretty much, she's part of the business as well, too, because she's one of the models on our business. Yes, and we have a big...

• 8:32Caleb Hammer?

  What's your business?

• 8:33Speaker 03

  We have an entertaining company. Yeah.

• 8:36Caleb Hammer?

  What do you entertain?

• 8:37Speaker 03

  Uh, we have a party bus. We have a food truck. Um, we have a travel, uh, uh, travel bus. And we have a, um, podcast and you know.

• 8:46Caleb Hammer?

  What the? Oh, what? Yeah. Your business does every business ever?

• 8:49Speaker 03

  Yes.

• 8:50Caleb Hammer?

  All in one?

• 8:51Speaker 03

  It's, it's all in one. It's all.

• 8:52Caleb Hammer?

  It's a little, uh.

• 8:53Speaker 03

  Yeah, it's a little.

• 8:54Caleb Hammer?

  Usually businesses that try to do everything tend to not do anything well.

• 8:57Speaker 03

  Well, we do.

• 8:58Caleb Hammer?

  I'm hoping that's not the case, cause I do genuinely, even though, and Jerry, I, I will apologize. I am picking you on you at the beginning. This is mostly because, um, gosh, that's when people tell me not to pick on them is when I actually want to pick on. If you said I could bully you, I would have actually probably been really nice, but I'm still holding back due to your, um, boundaries you said at the beginning. Um, but, uh, like I do genuinely want you guys to do well. I really do. Um, but usually businesses that try to do everything do not do everything well.

• 9:26Speaker 03

  Do you have you run a business before? You making an opinion or something into it?

• 9:30Caleb Hammer?

  What was the, what was the 10,000 square foot building you walked through with 40 employees? Certainly not a business.

• 9:35Speaker 03

  No, I'm saying this is a podcast. Yes, it is a business.

• 9:37Caleb Hammer?

  Hold on, the podcast is like 500 square feet of the 10,000 square feet building you walk through.

• 9:42Speaker 03

  All different businesses do different things.

• 9:44Caleb Hammer?

  Yes.

• 9:44Speaker 03

  You know, just because you run one business don't mean you know how to run every business.

• 9:47Caleb Hammer?

  Well, no, but it at least gives you insight better than most people. But in general, it is a general understanding in the world of business that if you try to do everything, you don't do everything right.

• 9:56Speaker 03

  Before you start to try to opinionate on somebody's business.

• 9:59Caleb Hammer?

  No, that's not even an opinion. I'm saying in general, I'm not even saying your business doesn't work. I don't know your numbers yet. I'm just saying that's a concern going in, cause it is a general understanding that any skill of an individual, if he tries to do everything at once, he's not doing everything to a hundred percent. It's impossible.

• 10:16Speaker 03

  Our business is, it sounds different. It's probably because I didn't explain it right. You know.

• 10:20Caleb Hammer?

  Oh, okay. Then try to explain it.

• 10:22Speaker 03

  We're, we're entertainment business as far as, um, if you hire me, I can evaluate and then change your life when it comes to a wedding or it comes to parties.

• 10:30Caleb Hammer?

  Changed my life.

• 10:31Speaker 03

  You know, say, say for instance.

• 10:32Caleb Hammer?

  Changed my life. I'm hiring you. Changed my life.

• 10:33Speaker 03

  Okay. Say for instance, you're, you're a bachelor. You have a wedding coming, right?

• 10:37Caleb Hammer?

  Okay.

• 10:37Speaker 03

  So in our entertainment business, I can offer you the party bus. I can offer you the video, videography. I can offer you the food.

• 10:43Caleb Hammer?

  Did you say didiography?

• 10:45Speaker 03

  Videography, videography.

• 10:46Caleb Hammer?

  Cause that'd be fun. I'd pay for that.

• 10:50Speaker 03

  Videography.

• 10:50Caleb Hammer?

  Get the oil flowing.

• 10:53Speaker 03

  I bet you like that.

• 10:57Speaker 03

  But like I said, I could offer you videography.

• 10:59Caleb Hammer?

  Okay.

• 11:00Speaker 03

  I can offer you the food truck and what we have. And then I'll offer you the, you know, the bus ride there. And we could also offer you the party bus and we have models.

• 11:09Caleb Hammer?

  But you said podcast.

• 11:10Speaker 03

  Yes, we do. We publicize most of our things that we're going on for the show. You know what I'm saying?

• 11:16Caleb Hammer?

  Okay, so what do you make?

• 11:18Speaker 03

  You said, what do we make?

• 11:18Caleb Hammer?

  What do you make?

• 11:19Speaker 03

  What do I make?

• 11:20Caleb Hammer?

  Yeah, I mean, we'll get into the business, but yeah, what do you make?

• 11:23Speaker 03

  What I make and what I, I haven't made sort of profit yet with the business as a sort.

• 11:29Caleb Hammer?

  Okay, so we're relying on her disability.

• 11:31Speaker 04

  I filed his previous tax year.

• 11:34Caleb Hammer?

  Ah, this is why you brought your accountant.

• 11:38Speaker 01

  That's my quant.

• 11:39Caleb Hammer?

  Your what?

• 11:40Speaker 01

  My quantitative.

• 11:41Speaker 04

  Well.

• 11:44Speaker 03

  It's not my accountant.

• 11:44Speaker 04

  So for 2025, we, I didn't get the chance to file his taxes. I don't, but for 2024.

• 11:52Caleb Hammer?

  Did you file an extension?

• 11:54Speaker 04

  No.

• 11:54Caleb Hammer?

  What the is wrong with you?

• 11:56Speaker 04

  I, I believe you filed.

• 11:57Caleb Hammer?

  Aren't you the agent of the relationship?

• 12:01Speaker 04

  But for 2024, Ricky has roughly made around 25,000 roughly.

• 12:08Caleb Hammer?

  Okay, so again, to be clear, for her disability, of which we don't know, is actually the only reason why you're able to go into business, because it's what pays the bill. So the taxpayer.

• 12:17Speaker 05

  I, I keep all of my money to myself, actually.

• 12:19Caleb Hammer?

  How are you funding your life? Well, do you guys live in the same place?

• 12:23Speaker 05

  Yeah.

• 12:23Caleb Hammer?

  Okay, well, I mean, come on, that's like your biggest usual percentage of cost of living.

• 12:28Speaker 03

  Well, you know, the cost of living and cost of running a business, two different things. I'm able to pay the bills.

• 12:31Caleb Hammer?

  No, I'm saying how you pay your bills. And she says, well, I keep all my money independently.

• 12:35Speaker 03

  Because I'm still paying the bills of the house. And she keeps her money in her pocket.

• 12:39Caleb Hammer?

  She doesn't pay a single cent to the mortgage?

• 12:42Speaker 03

  Yeah, she pays a little bit, but I don't have her pay most of it. Yeah.

• 12:45Caleb Hammer?

  Why?

• 12:45Speaker 03

  I'm able to take care of most things.

• 12:47Caleb Hammer?

  How? How can he do that off of $25,000 a year?

• 12:50Speaker 03

  That's what I make off of this business.

• 12:52Caleb Hammer?

  Oh, well, I asked what you did. Oh.

• 12:55Speaker 03

  I didn't finish explaining it. You didn't let me, you cut me off.

• 12:57Caleb Hammer?

  I do that.

• 12:58Speaker 03

  Yeah, so you gotta feel the whole story and find out exactly everything I'm doing.

• 13:03Caleb Hammer?

  I'm story ready, buddy. Hit me.

• 13:05Speaker 03

  All right. You know what I'm saying? Like I told you, before I met him, I was already running a couple of businesses before the business I have right now that we're running together. I have a tow truck company. We have a car lot. You know what I'm saying? We have, we have a transport company and stuff like that.

• 13:17Caleb Hammer?

  What do you make from that?

• 13:18Speaker 03

  From the transport company?

• 13:19Caleb Hammer?

  Mm-hmm.

• 13:20Speaker 03

  Uh, transport company, I make about like $200,000 a year.

• 13:23Caleb Hammer?

  Wow, okay, that's what gets your pocket?

• 13:26Speaker 03

  Yes.

• 13:27Caleb Hammer?

  Oh, that's incredible. So, okay, let's just, let's just, in general, okay, is there anything else that brings in money?

• 13:34Speaker 03

  Is there anything else?

• 13:35Caleb Hammer?

  Anything else, or is that, is that, okay, good. What do you make on a monthly basis? What is your pocket monthly?

• 13:40Speaker 03

  Uh, pocket monthly now, since I slowed down the company, uh, it's, once I slowed down the company.

• 13:45Caleb Hammer?

  So it's not $200,000? That's the number we were going off of, but what is it now?

• 13:49Speaker 03

  I quit the company to run this company.

• 13:51Caleb Hammer?

  How much do you make, buddy?

• 13:53Speaker 03

  I, well, we just told you how much I made.

• 13:55Caleb Hammer?

  25,000 a year?

• 13:57Speaker 03

  On this company, yes.

• 13:58Caleb Hammer?

  But you said you quit together. What do you make from the previous company now?

• 14:01Speaker 03

  From the previous company now? From the previous company is, shouldn't be no more than probably like, every month is, um, I want to say about $10,000.

• 14:10Caleb Hammer?

  Okay, well, that's good. That, that actually makes us.

• 14:13Speaker 04

  Is this from the car lot?

• 14:14Speaker 03

  This is from the trucking company and, uh, the travel, traveling company.

• 14:19Speaker 04

  You made $10,000 this month?

• 14:21Caleb Hammer?

  Would you know?

• 14:22Speaker 03

  You said, would?

• 14:23Speaker 04

  I didn't know that.

• 14:24Caleb Hammer?

  Would you?

• 14:25Speaker 04

  Would I know that? Ah.

• 14:26Speaker 03

  It's not the same part of the business.

• 14:28Caleb Hammer?

  You were filing his taxes.

• 14:29Speaker 03

  It's not the same business.

• 14:31Caleb Hammer?

  No, but you were filing his taxes or the business taxes?

• 14:33Speaker 04

  Uh, both.

• 14:34Caleb Hammer?

  Okay, how much did you make last year?

• 14:36Speaker 04

  Uh, for 2025, um, I didn't file his taxes this.

• 14:40Caleb Hammer?

  But you're not even preparing it?

• 14:43Speaker 04

  Um.

• 14:44Caleb Hammer?

  Who filed your taxes this year?

• 14:46Speaker 03

  Um, I filed my taxes this year.

• 14:48Caleb Hammer?

  You filed your taxes?

• 14:49Speaker 03

  Well, he got the paperwork and filed. I didn't file taxes this year.

• 14:52Caleb Hammer?

  So, file, taxes had not filed for 2025?

• 14:54Speaker 03

  No, it's not filed.

• 14:55Caleb Hammer?

  That's not good.

• 14:57Speaker 03

  Yeah.

• 14:58Caleb Hammer?

  He got the paperwork?

• 14:59Speaker 03

  Well, for the, for the trucking company?

• 15:01Caleb Hammer?

  Why would you file his taxes? Buddy has to pay his taxes.

• 15:03Speaker 04

  For 2024 or 2025?

• 15:06Caleb Hammer?

  Five. He said he gave you the paperwork. Aren't you his money guy?

• 15:10Speaker 04

  So I filed through my CPA and.

• 15:13Caleb Hammer?

  So you're CPA for him?

• 15:15Speaker 04

  My own CPA and he files our business taxes for 2025. But I didn't, my CPA refuses to file his taxes.

• 15:25Caleb Hammer?

  Well, I think that would be fair.

• 15:27Speaker 03

  His CPA is asshole. We got into it, so.

• 15:30Caleb Hammer?

  How is he an asshole for not wanting to file your taxes through not you?

• 15:33Speaker 03

  I don't know.

• 15:34Speaker 04

  I've been with my CPA for 10 years and I've never seen him yelled over the phone speaking to him.

• 15:40Caleb Hammer?

  Why was he yelling?

• 15:41Speaker 03

  I don't know.

• 15:42Caleb Hammer?

  Did you yell?

• 15:43Speaker 03

  Did I yell? No.

• 15:44Speaker 04

  Ricky didn't yell, but my CPA did.

• 15:47Caleb Hammer?

  What was he yelling about?

• 15:48Speaker 04

  He was accusing Ricky of some mortgage that I wasn't aware of, but you weren't aware of either.

• 15:55Speaker 03

  Me either.

• 15:56Caleb Hammer?

  Accusing of a mortgage?

• 15:57Speaker 03

  Yeah.

• 15:58Caleb Hammer?

  Why did he yell about it? What was the accusation he was making?

• 16:00Speaker 03

  He made something personal that I don't know what for he made personal about some mortgage that I had that I wasn't paying and I told him I didn't have.

• 16:07Caleb Hammer?

  Why did he take it personal?

• 16:08Speaker 03

  I don't know.

• 16:11Speaker 03

  He was there in person with him, not me.

• 16:13Speaker 04

  We filed his taxes 2024, and I think somewhere in between after that, I don't know what happened between you and my CPA, but it just kind of left a bad taste in him. And my CPA told me.

• 16:25Caleb Hammer?

  CPA talked to her?

• 16:27Speaker 04

  No.

• 16:27Speaker 03

  No.

• 16:27Caleb Hammer?

  Hmm, because that would trigger me too.

• 16:29Speaker 04

  Yeah, and he told me, go find a different CPA. I'm not going to file his taxes. So.

• 16:36Caleb Hammer?

  Okay, did you find another CPA, buddy? We're in June.

• 16:39Speaker 03

  Yeah.

• 16:40Speaker 04

  He did.

• 16:41Caleb Hammer?

  And?

• 16:42Speaker 03

  I'm trying to get things together right now.

• 16:46Caleb Hammer?

  What did he make in 24?

• 16:47Speaker 04

  Ricky?

• 16:48Caleb Hammer?

  Yes.

• 16:49Speaker 04

  2024, the same thing, 25,000, but for 2023, it was 45,000.

• 16:56Caleb Hammer?

  Okay, buddy, you're not netting 10,000 hours a month.

• 16:59Speaker 03

  Okay, I'm not netting $10,000 a month on paper.

• 17:02Caleb Hammer?

  What?

• 17:02Speaker 03

  No.

• 17:03Caleb Hammer?

  Okay, so you're tax frauding.

• 17:05Speaker 03

  I'm not tax frauding. It's just some money that I make from my trucks that are not on paper. I have trucks that are not on paper that makes money sometimes.

• 17:13Caleb Hammer?

  Help me out here, Kevin.

• 17:16Speaker 03

  How can he help you out when he doesn't know about the drugs?

• 17:19Caleb Hammer?

  Oh, I thought he did because he filed the taxes. Do you not know?

• 17:21Speaker 03

  How are we gonna file taxes on something that he doesn't know about?

• 17:24Caleb Hammer?

  I don't know. That's what I'm trying to figure out.

• 17:26Speaker 03

  That's what I'm telling you.

• 17:27Speaker 04

  I'm not part of that trucking.

• 17:28Speaker 03

  He's not part of the trucking.

• 17:29Speaker 04

  Yeah.

• 17:30Speaker 03

  I had this way before he even came.

• 17:32Caleb Hammer?

  Kevin, why are you here? You're a part of the current business?

• 17:35Speaker 04

  Yes.

• 17:35Caleb Hammer?

  That's our take. Okay, how are you a part of it?

• 17:39Speaker 04

  I'm more of his, how you say, angel investor slash tech side of the.

• 17:44Caleb Hammer?

  Tech side?

• 17:45Speaker 04

  Technical support for him at least.

• 17:49Caleb Hammer?

  It's racist.

• 17:50Speaker 03

  You said it's racist?

• 17:51Speaker 04

  Wait.

• 17:51Speaker 03

  Oh, you stupid.

• 17:53Speaker 04

  Wait, how's that?

• 17:54Caleb Hammer?

  That is not racist. Here's tokenation for tech.

• 17:57Speaker 04

  Oh, I didn't realize that.

• 17:59Caleb Hammer?

  I have one and his name is also Kevin. No, his name's Sean.

• 18:05Speaker 04

  I didn't realize that.

• 18:06Caleb Hammer?

  It's okay. No, that's good. That's good. That's good. Okay, so you invested?

• 18:11Speaker 04

  Yes, we should probably go back. How me and Ricky met? We met in 2022 at clinical trial study and we stayed at a facility for three whole weeks. We couldn't leave and that's when we got to know him, me and Ricky.

• 18:25Caleb Hammer?

  What the f**k were they studying?

• 18:27Speaker 03

  What was that study about? I forgot.

• 18:28Speaker 04

  It was for an antidepressant medication that they were.

• 18:32Caleb Hammer?

  Okay, worked on him, failed with you.

• 18:35Speaker 04

  And the payout was really nice and it was three weeks, but at the very last, I think the second to last day, you weren't able to complete the study.

• 18:45Speaker 03

  No, I completed the study.

• 18:46Speaker 04

  You left the program early and you have verbal altercation with one of the staff nurses.

• 18:52Caleb Hammer?

  Oh, so fighting is in your history.

• 18:55Speaker 03

  Oh, yeah, most definitely, for sure.

• 18:57Caleb Hammer?

  But it was the CPA?

• 18:58Speaker 03

  Huh? I meant it was the CPA, yeah, but yeah, I kick ass.

• 19:03Caleb Hammer?

  Why?

• 19:04Speaker 03

  Man, I'm from Compton.

• 19:07Speaker 00

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• 19:32Speaker 03

  So, I mean, I'm just-

• 19:34Caleb Hammer?

  Why continue antisocial behavior once you leave the place of badness?

• 19:38Speaker 03

  I don't complete antisocial behavior because-

• 19:41Caleb Hammer?

  You said you're kicking ass.

• 19:42Speaker 03

  I said I will and I can.

• 19:43Caleb Hammer?

  Why?

• 19:44Speaker 04

  If he was in front of my CPA, he would-

• 19:47Caleb Hammer?

  Handle it with your brain.

• 19:48Speaker 03

  I do.

• 19:48Caleb Hammer?

  Why go back to your evolutionary traits?

• 19:51Speaker 03

  I didn't go back to my evolutionary traits.

• 19:52Caleb Hammer?

  If you're just fighting people in the street, that's not good.

• 19:55Speaker 03

  I said I can. That doesn't mean I may I use it.

• 19:57Caleb Hammer?

  But you don't. He just said he got in an altercation.

• 19:59Speaker 03

  Because he got in an altercation with me. With me. I never yelled at him or said anything to him, period. Listen critically-

• 20:05Caleb Hammer?

  Well, that's the second time so far.

• 20:06Speaker 03

  Mm-hmm. I never said nothing to him, period. I didn't yell at him. I didn't say nothing to him. The man yelled at me and started talking shit.

• 20:13Caleb Hammer?

  Okay.

• 20:14Speaker 03

  I didn't say nothing to him.

• 20:15Caleb Hammer?

  Why would the guy at the clinical trial- Why would your CPA and why would the guy at the clinical trial talk shit to you?

• 20:19Speaker 03

  I don't know.

• 20:20Caleb Hammer?

  So, everyone's talking shit to you?

• 20:21Speaker 03

  I don't know. Try being black in America. That's what you do.

• 20:26Caleb Hammer?

  I can attempt it. I just think I would get canceled very quick if I did what was necessary.

• 20:30Speaker 03

  Yeah.

• 20:31Caleb Hammer?

  Blackface.

• 20:33Speaker 04

  But to go to what you said, at the end of the trial study, Ricky proposed me a business idea and I was bored. I was 26 years old. I just thought, okay, sure, let's start this recording studio.

• 20:44Caleb Hammer?

  Sure, that was a while ago, okay.

• 20:45Speaker 04

  This recording studio and it's a cool idea. We'll have inside a mobile bus, RV or bus.

• 20:52Caleb Hammer?

  Mobile, yeah.

• 20:53Speaker 03

  It became bigger than what it needed to be and it started to do more. We started the recording studio. I bought a big giant bus and my little brother at the time was rapping and he was doing some music and stuff like that and we had a bunch of other artists with-

• 21:07Caleb Hammer?

  Compton.

• 21:09Speaker 03

  I guess so, you know, but, you know, he was all doing music and stuff like that. It was doing some things, but I didn't know too much about music. I owned 18 acres of land at the time, on a property we were living at and-

• 21:22Caleb Hammer?

  That's the Uno reverse card.

• 21:24Speaker 03

  The Uno reverse card? What you mean?

• 21:27Caleb Hammer?

  Keep going.

• 21:30Speaker 03

  You know what I'm saying, at the time Cherry came up with a nice idea to be able to do a smoke shop.

• 21:40Caleb Hammer?

  Always degenerate behavior is what's in your head.

• 21:43Speaker 03

  So, you know, we wanted to utilize the land, so we started utilizing the land to get a hemp production license. You know what I'm saying?

• 21:50Caleb Hammer?

  Very interesting one Cherry.

• 21:53Speaker 03

  So, we got a hemp production license.

• 21:55Caleb Hammer?

  I think I'm in love.

• 21:56Speaker 03

  We got a hemp production license and we started growing hemp, you know.

• 22:01Speaker 04

  But I, I had no idea. I was sort of invested in this podcast studio or recording studio. That didn't really turn out the way it panned out. And then next day I know, hey, we're doing a smoke shop business now.

• 22:15Caleb Hammer?

  Ah, classic pivot.

• 22:16Speaker 04

  I didn't put my money into it knowing that, but now, hey.

• 22:21Caleb Hammer?

  What did you put in?

• 22:23Speaker 04

  At that time or at?

• 22:24Caleb Hammer?

  Just, yeah, what have you put in overall? Yeah, sure. Actually up until that time.

• 22:28Speaker 04

  Up until that first year, how much did I give you?

• 22:32Caleb Hammer?

  Thirty thousand and you pivoted the business without his knowledge?

• 22:35Speaker 03

  It wasn't a thirty thousand dollar cash. It was a credit card that he had handed us.

• 22:40Speaker 04

  No, not credit card initially. It was upfront capital. I remember giving you two grand for some tires for the bus.

• 22:48Speaker 03

  Oh, yeah, yeah, yeah.

• 22:48Speaker 04

  Oh, yeah, yeah, yeah. And then the five grand for the music instrument tool.

• 22:53Speaker 03

  I thought we used the card on it.

• 22:54Speaker 04

  The what?

• 22:55Speaker 03

  I thought we used the card on it.

• 22:57Speaker 04

  Did we?

• 22:57Speaker 03

  Yeah, we used the card on it.

• 22:58Caleb Hammer?

  Doesn't matter. It was thirty thousand bucks either way. What percentage did he own giving his credit card?

• 23:02Speaker 03

  He said what now?

• 23:03Caleb Hammer?

  What percentage did he get to own?

• 23:05Speaker 03

  On the credit card?

• 23:06Caleb Hammer?

  No, if he gave the credit card, what percentage of the business did he get to own?

• 23:09Speaker 03

  We were fifty fifty in the business.

• 23:11Caleb Hammer?

  Fifty fifty, okay.

• 23:11Speaker 04

  Yeah.

• 23:12Caleb Hammer?

  So, labor, money.

• 23:13Speaker 04

  Right, right.

• 23:14Caleb Hammer?

  Okay.

• 23:15Speaker 03

  Yeah, we were fifty fifty throughout the whole business, just like that.

• 23:17Caleb Hammer?

  Okay, that's good. That's fine.

• 23:20Speaker 03

  I seen it wasn't making a dollar, it wasn't making any sense. So I'd made a pivot and made a decision to make the dollar back, you know.

• 23:26Speaker 04

  I still haven't got a dime that, that first year.

• 23:28Caleb Hammer?

  Oh, just the first year?

• 23:30Speaker 04

  Overall.

• 23:31Caleb Hammer?

  Okay.

• 23:32Speaker 04

  Overall.

• 23:32Caleb Hammer?

  You own a percentage of her disability?

• 23:35Speaker 04

  No.

• 23:36Caleb Hammer?

  I'll be paying for it forever, so.

• 23:39Speaker 03

  But like I said, we uh, we took a pivot and we changed it, changed the business. I bought a second bus. I bought a second bus to be able to do a sm- a smoke shop because we didn't want to.

• 23:48Caleb Hammer?

  But he didn't consent to this, even though he's a 50% owner?

• 23:51Speaker 04

  I was, I was sort of dragged along in a way.

• 23:54Speaker 03

  I bought it with my own cash. I bought, got the bus and I made it.

• 23:57Caleb Hammer?

  Still, he's a 50% owner.

• 23:59Speaker 03

  Yeah, but it didn't have really nothing to do with the business until we, we made it part of the business.

• 24:04Caleb Hammer?

  Is there a legal, uh, what's the legal, what's the paperwork we've done around the signing of this business?

• 24:08Speaker 04

  There's, there's, there's none.

• 24:09Caleb Hammer?

  Why? It is not very difficult to get just some kind of contract attorney in the business world, thousand bucks.

• 24:15Speaker 04

  I should have known better, but I'm, I was 26, 27. We should have had an operating agreement.

• 24:21Caleb Hammer?

  At that point, what are we doing? I started this at like 27. I was, I got shit figured out. What are we doing? Okay, but even still today, you're 30.

• 24:29Speaker 04

  Hmm.

• 24:31Speaker 04

  Right, right.

• 24:32Caleb Hammer?

  Okay.

• 24:33Speaker 03

  As far as like I said, I wanted to try to take a pivot in the business to do something. So I took part of my money to be able to uh, open up the part of the hemp business, get into the smoke shop and get into the things.

• 24:43Caleb Hammer?

  Pivot, but listen, that is, money can be made.

• 24:46Speaker 03

  It wasn't, it wasn't.

• 24:47Caleb Hammer?

  Wait, but a lot of new laws in Texas. How's that impacting?

• 24:49Speaker 03

  It impacted, it destroyed it.

• 24:51Speaker 04

  It destroyed it.

• 24:52Speaker 03

  It destroyed it mainly.

• 24:53Caleb Hammer?

  Okay.

• 24:54Speaker 04

  And now we're doing another pivot.

• 24:55Speaker 03

  Yeah.

• 24:56Caleb Hammer?

  Oh, new pivot.

• 24:57Speaker 03

  Yeah, because we were making anywhere from 400,000, maybe 500, 600,000 dollars a year for the business that we have with the smoke and everything.

• 25:05Caleb Hammer?

  Uh, you didn't see a dime?

• 25:06Speaker 04

  I didn't see a dime.

• 25:07Caleb Hammer?

  How's that fair?

• 25:08Speaker 04

  It's, it's very.

• 25:09Caleb Hammer?

  Were you taking distributions? Was he taking distributions?

• 25:11Speaker 04

  No, Ricky say he would reinvest it, but I believe the profit was.

• 25:15Caleb Hammer?

  Did he say on that?

• 25:16Speaker 04

  The profit margin was pretty slim.

• 25:18Speaker 03

  It was, it was, it was because.

• 25:19Caleb Hammer?

  How much profits were there?

• 25:21Speaker 03

  There wasn't too many because we, we kept escalating with the business. So this.

• 25:26Caleb Hammer?

  Okay, but if there were not too many profits, how many were there?

• 25:30Speaker 03

  Okay, so.

• 25:30Caleb Hammer?

  It sounds like there were some profits.

• 25:32Speaker 03

  It wasn't.

• 25:34Caleb Hammer?

  Well, he said not too many, meaning there were some.

• 25:36Speaker 03

  Yo.

• 25:36Caleb Hammer?

  Are you saying there are none?

• 25:38Speaker 03

  Okay, so there were some profits, but then it wasn't at the same time because it kept escalating with the business. So if you invested, you know, saying $50,000 into a bus.

• 25:48Caleb Hammer?

  Yeah.

• 25:49Speaker 03

  You know, now I want to try to get that money back. So when we start to get that money back, to try to recoup that, that, that type of profit on one business.

• 25:58Caleb Hammer?

  How's your perspective here, buddy? This seems like what the did I get a part of? Drowning in student loans with massive interest rates? I see it on the show all the time. People get a loan to advance their careers, only to be left with sky high interest rates and crazy minimums that leave their paycheck gutted. Maybe you've already gone to a normal lender to try to refinance your private student loans, and they looked at your less than perfect credit score and hung up the phone. Maybe part of you even thought, yeah, that tracks. I guess I'm stuck. Stop it. You don't deserve to be buried in a high interest loan for the rest of your life because you hit a rough patch. The banks aren't rejecting you because you're a lost cause. They're rejecting you because you're not profitable enough for them at a manageable rate. That's where Y Refi comes in. Y Refi works specifically with borrowers who can't get refinancing through traditional lenders. It's their whole thing.

• 26:43Caleb Hammer?

  They refinance private student loans, so you're only paying interest between 0.1% and 5.99%. And they legally cannot charge you more than that. They'll even customize your payments to get you out of debt at a pace that works for you. And if you need a co-borrower released from your loan, they've got a program for that, too. Plus, their team is in Phoenix, Arizona, so when you call them, you talk to a real person. It only takes three minutes to check your rates, and it doesn't impact your credit score. If you've been told no a million times, try Y Refi. Head to yrefy.com/hammer. That is Y R E F Y dot com slash hammer. Or call 888-Y-REFI-78. That is 888-Y-REFI-78. Break free from the high interest trap and get your finances under control once and for all. Ready for a little Hammer After Dark?

• 27:25Caleb Hammer?

  Okay, but for real, we need to talk about your, you know, performance. So many guys, which is sometimes myself, neglect our strength and endurance. And I don't just mean in the gym. You need to keep your pelvic floor healthy, and not just so your partner brags about you to their friends. A strong pelvic floor helps you. Your bladder control, prostate health, and yeah, premature, you know what? And if you don't want to be one of those guys who hits 40 and goes from Niagara Falls to a leaky faucet, then I got something for you. And that's where Lilo comes in. The Lilo F2S stamina trainer and stroker is a high-tech male training device that strengthens the pelvic floor with guided exercises through the Lilo app.

• 28:05Caleb Hammer?

  It's designed for comfort and ease and provides real-time feedback to help their users optimize their training and performance. Plus, their Kegel exercise program offers guided workouts that help you strengthen pelvic floor muscles, enhance control, and improve stamina. It's super easy to use and honestly, I started looking forward to my little workouts and making progress. After a few weeks, I was lasting longer and felt more confident in the bedroom and out. So if you're ready to level up your endurance and performance, check out Lilo F2S by going to the link in the description box and the pinned comment below and use my code CALEB20 for an extra 20% off all products and stackable with their current deals to get yours and start your pelvic fitness journey today.

• 28:46Speaker 04

  Um, four years into the business, I'm hundreds of thousands of dollars into this.

• 28:51Caleb Hammer?

  Hundreds of thousands?

• 28:53Speaker 04

  Uh huh.

• 28:53Caleb Hammer?

  What have you spent?

• 28:54Speaker 03

  Hundreds of thousands.

• 28:55Speaker 04

  I don't really see the numbers there, but I'll just take your word for it, but I haven't seen those numbers.

• 29:01Caleb Hammer?

  Wait, so you actually don't even believe he has invested hundreds?

• 29:04Speaker 04

  I honestly, I don't.

• 29:06Speaker 03

  I don't know how, when we got the material to be able to.

• 29:08Caleb Hammer?

  Is there proof?

• 29:10Speaker 03

  Yes, most definitely, for sure.

• 29:11Caleb Hammer?

  On paper?

• 29:11Speaker 03

  On paper and there is evidence.

• 29:13Caleb Hammer?

  But he hasn't seen it.

• 29:15Speaker 03

  He's seen it. He has it.

• 29:17Speaker 04

  I have it?

• 29:17Speaker 03

  He's even seen it in numbers.

• 29:19Speaker 04

  Which one?

• 29:20Speaker 03

  Okay, you have the financial reports for everything that we have, period, point blank.

• 29:25Speaker 04

  The ones you.

• 29:25Speaker 03

  The actual.

• 29:26Speaker 04

  The ones you sold or what? How did you come up? What did you sold? That's a hundred thousand.

• 29:31Speaker 03

  Okay, what have I sold with this a hundred thousand? I sold my property, I sold my house.

• 29:35Speaker 04

  For the business?

• 29:36Speaker 03

  Yes.

• 29:37Speaker 04

  What else?

• 29:38Speaker 03

  I sold my tow truck and my 18 wheeler.

• 29:42Caleb Hammer?

  Okay, so that's not making any money anymore. Did the house have a mortgage on it?

• 29:45Speaker 03

  I have four 18 wheelers. And four tow trucks.

• 29:49Caleb Hammer?

  Yeah, all over the place, which.

• 29:52Speaker 03

  I'm not all over the place.

• 29:53Caleb Hammer?

  Kind of, I mean, you're not filing your taxes, Ricky.

• 29:56Speaker 03

  I didn't file my taxes this year.

• 29:58Caleb Hammer?

  Yes, it's June. You didn't file an extension. You can't tell me what you, you know what you're doing.

• 30:03Speaker 03

  My life moves a certain way and.

• 30:04Caleb Hammer?

  If you're, okay, a part of that life is always filing your taxes, Ricky.

• 30:08Speaker 03

  Yeah, filing your taxes and all that kind of good stuff and whatever like that. Not a lot of people in America file their taxes.

• 30:12Caleb Hammer?

  Buddy, you're a business owner. You have to. You're gonna get audited.

• 30:14Speaker 03

  Okay, let them audit me. They can't audit nothing that they can't take from.

• 30:18Caleb Hammer?

  Uh oh, Ricky, uh oh, Kevin, you hear that? Let them audit you.

• 30:22Speaker 03

  Yeah.

• 30:23Speaker 04

  That's.

• 30:23Caleb Hammer?

  You excited?

• 30:24Speaker 04

  I don't want to be audited, so.

• 30:26Speaker 03

  I'm not scared of the audit. I'm not scared of anything that's gonna happen.

• 30:29Caleb Hammer?

  Really? Cause I mean, like, all your off paper making money, I would actually be actually terrified.

• 30:34Speaker 03

  You've never been in a predicament, I am, man.

• 30:36Caleb Hammer?

  What do you mean? What predicament?

• 30:38Speaker 03

  Okay, I'm struggling with certain things that destroyed our company when it came to the hemp business. Yes.

• 30:43Caleb Hammer?

  Okay, I mean, I've gotten canceled before. It's kind of similar.

• 30:47Speaker 03

  No, it's not the same thing.

• 30:48Caleb Hammer?

  In a different way. I mean, it's, there's different struggles.

• 30:51Speaker 03

  You also probably make more money than we do too.

• 30:53Caleb Hammer?

  Well, of course, I'm better at business.

• 30:57Speaker 03

  No, I don't know about that part.

• 30:58Caleb Hammer?

  Well, objectively, I mean, objectively.

• 31:01Speaker 03

  Some people get lucky, some people don't.

• 31:03Caleb Hammer?

  You think this is all luck?

• 31:05Speaker 03

  I don't think it's all luck, not at all. A lot of people do hard work, but what I'm saying is that my hard work is better than my hard work.

• 31:12Caleb Hammer?

  Your hard work's better than your hard work?

• 31:13Speaker 03

  My, my hard.

• 31:14Caleb Hammer?

  Her dancing's better than her dancing.

• 31:16Speaker 03

  My hard work is different. That's what I'm trying to say. And then your hard work.

• 31:20Caleb Hammer?

  Yeah, all that matters in the end is results, though.

• 31:22Speaker 03

  Yeah.

• 31:22Caleb Hammer?

  I don't care if you work and produce nothing, then you're still a failure, even if you worked hard.

• 31:29Caleb Hammer?

  So we don't judge people based on how much work they do. We just judge based on results.

• 31:32Speaker 03

  Just because you failed, you gotta come back up and you gotta get it again.

• 31:34Caleb Hammer?

  Sure, but if you failed, you're a failure.

• 31:36Speaker 04

  Anyways, four years and I still haven't seen a dime yet.

• 31:39Caleb Hammer?

  Yeah, that's a big deal when you spend hundreds of thousands and he says he spent hundreds of thousands. Did you have a mortgage on that property?

• 31:44Speaker 03

  Yes.

• 31:45Caleb Hammer?

  That was my question.

• 31:45Speaker 03

  Yes.

• 31:46Caleb Hammer?

  Okay, what was the profit from that property when he sold it?

• 31:48Speaker 03

  Uh, two hundred and sixteen thousand.

• 31:51Caleb Hammer?

  And you put it all out of the business?

• 31:53Speaker 03

  No, we bought another house.

• 31:56Caleb Hammer?

  Are you hearing that Kevin? He just said he sold the house to put it into the business. Kevin, are you following this? I appreciate you for being truthful, but I think you just yourself.

• 32:08Speaker 03

  No, we bought another house. We have the equity and the property to be able to stand for it and what I spent on my money and the receipts and everything.

• 32:14Caleb Hammer?

  He said he sold the house to put it into the business.

• 32:15Speaker 04

  Aren't you, aren't you renting?

• 32:16Speaker 03

  No, renting what?

• 32:18Speaker 04

  I thought, okay, I must have been mistaken. I thought you were renting.

• 32:20Speaker 03

  Very much mistaken. There's a lot of things that you don't listen to that you say you listen to that you don't. You know what I'm saying? And I listen to a lot of stuff that we actually have and we do.

• 32:29Speaker 05

  We've never rented anything in the amount of time that we've been together. Besides a car. I said, we've never rented anything besides a car in the entire time of me and Ricky's relationship.

• 32:38Speaker 03

  We don't rent nothing. We bought everything that we have.

• 32:40Speaker 04

  Okay, it's my bad. I just thought of something else.

• 32:43Caleb Hammer?

  He says you don't listen to anything. What does that mean?

• 32:45Speaker 04

  I guess I get, I don't listen. I guess that's what he says. I just don't listen.

• 32:48Caleb Hammer?

  Oh, you're a cuck. Okay. You want that as a business partner? I guess he has an unlimited blank check.

• 32:54Speaker 04

  ATM.

• 32:56Speaker 03

  No, not nothing like that.

• 32:57Caleb Hammer?

  Pushover too. Why? You got the jawline, you're a handsome guy. I think you could stand up for yourselves. He might take antisocial behavior out on you if you speak up, but.

• 33:05Speaker 03

  I've never got into it with him like that.

• 33:07Caleb Hammer?

  I'm joking. I'm joking. You're a good guy, I think. Maybe, I don't know. He might be kind of abusing his finances, but um, really? You're just gonna? Is that how you've been this entire relationship? Just a pushover?

• 33:20Speaker 04

  It's been a lot of weight on my shoulders.

• 33:22Caleb Hammer?

  Why continue to put money into this?

• 33:25Speaker 04

  Part of me thinks it's gonna work out if I keep pouring more into this.

• 33:28Caleb Hammer?

  Okay, tell me how it's gonna work out. Give me the strategy. Give me the, how does it work out?

• 33:36Speaker 04

  Initially, I thought it was, because I thought.

• 33:37Caleb Hammer?

  Okay, you've put hundreds of thousands since that initial.

• 33:40Speaker 03

  Again, again, again, when it comes to working out this business.

• 33:43Caleb Hammer?

  He's gonna speak for you.

• 33:45Speaker 04

  Every time I bring it up to Ricky, he assures me that we're gonna make millions every single year.

• 33:51Caleb Hammer?

  Oh, millions Ricky.

• 33:52Speaker 04

  And even though our taxes that we made 550 or 450,000 dollars in sales, I just, that's the only indicator that.

• 34:01Caleb Hammer?

  In sales, but not profits.

• 34:03Speaker 04

  Yeah.

• 34:04Caleb Hammer?

  Which I'm really very curious what the IRS thinks about that. So that's the only thing that's

• 34:10Speaker 03

  When you're starting from scratch and you have the business,

• 34:13Caleb Hammer?

  Uh huh.

• 34:13Speaker 03

  You know what I'm saying? Well, you head out, you want to, but I'm telling you.

• 34:15Caleb Hammer?

  Well, I mean, you're just acting like I didn't.

• 34:17Speaker 03

  Just like you have all this equipment here, you have to buy all this stuff.

• 34:20Caleb Hammer?

  Yes, but I funneled it with profit.

• 34:22Speaker 03

  Yeah, no, you didn't. What business?

• 34:24Caleb Hammer?

  Well, I made sure I could actually pay my bills.

• 34:26Speaker 03

  Okay, but it took you some time to do it, didn't it?

• 34:29Caleb Hammer?

  Yes, but I didn't rush in by buying everything and not making a penny.

• 34:32Speaker 03

  I didn't rush in it either.

• 34:34Caleb Hammer?

  He hasn't gotten a penny.

• 34:35Speaker 03

  Okay.

• 34:36Caleb Hammer?

  In four years.

• 34:36Speaker 03

  You're listening to half of the part and you're

• 34:38Caleb Hammer?

  Tell me the other half.

• 34:39Speaker 03

  You're supplicating and you're talking about things that you

• 34:42Caleb Hammer?

  Tell me the other half. What's a supplicate?

• 34:44Speaker 03

  Okay, okay. I'm gonna leave. You know what?

• 34:49Speaker 03

  We're gonna play word things and we're gonna talk about business.

• 34:51Caleb Hammer?

  No, I just don't know what supplicate is. You said I'm supplicating.

• 34:54Speaker 03

  Okay, don't worry about it. Listen.

• 34:55Caleb Hammer?

  Okay, I'll move on.

• 34:56Speaker 03

  Yeah, like I said, when it comes to this business and when it comes to the things that we're doing and how you do it, we start from the ground up and I bought every single thing and put towards this business to make a profit.

• 35:09Caleb Hammer?

  With this money?

• 35:10Speaker 03

  No, with my money as well. And I know that I spent way much more. I came out of my pocket.

• 35:15Caleb Hammer?

  How much more?

• 35:17Speaker 03

  Uh, at least about over about maybe a hundred, a hundred or fifty thousand dollars more. I know that for sure.

• 35:22Caleb Hammer?

  What's the total?

• 35:24Speaker 03

  You're saying a hundred and fifty thousand?

• 35:25Caleb Hammer?

  No, total.

• 35:26Speaker 03

  What's the?

• 35:27Speaker 00

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• 35:52Speaker 03

  Total, what we owe?

• 35:54Caleb Hammer?

  No, no, how much have you put in overall?

• 35:55Speaker 03

  Total, with both of us, we put into this business probably at least about three hundred something thousand dollars.

• 36:00Caleb Hammer?

  Okay, supplicate is to ask for something humbly, earnestly, or submissively. I don't remember doing that. Maybe I did. Was I humbly asking for something?

• 36:08Speaker 03

  Listen.

• 36:09Caleb Hammer?

  So what's the other half? You said there's a second half. I really want to hear other than I'm building from the ground up. What's the other half? I need some like information here.

• 36:15Speaker 05

  It takes more than money to run a business. So let's, let's, let's for a second, take money out of the situation. What are we doing to help the business? Every party that's in charge of the business? Me, Kevin, Ricky, without the money, what, what are we doing to help our business build as far as in website, as far as in making flyers for our price lists, as far as marketing, as far as getting out there, letting people know about our company? Me and Ricky are the only two people doing that.

• 36:43Caleb Hammer?

  So what are you doing? I wasn't aware you're a part of the business. What are you doing a part of the business?

• 36:47Speaker 05

  I do marketing as far as making our business cards, getting out there, letting customers know about our business day by day, word of mouth, because it takes more than just money.

• 36:57Speaker 03

  She's the model for our business. Her and her friends are models for our business and stuff like that. We, like I said, on our party bus, it's 15 feet high. We have models all across our party bus.

• 37:06Caleb Hammer?

  How do you?

• 37:07Speaker 05

  People, people that know you, they know that the business that you run, right? Like anybody that would know you, they know that, um, what you have going on.

• 37:14Caleb Hammer?

  Yeah.

• 37:15Speaker 05

  Everybody that knows me knows about my company and it should be the same for everybody that has a part of our business. Like there shouldn't be, if, if somebody knows Kevin, they should know about the business that he offers and they should know that we, what services we have. They should know that, but they don't.

• 37:31Caleb Hammer?

  Wait, what's the point you're trying to make? I'm sorry.

• 37:32Speaker 05

  The point I'm trying to make is it's besides money, it takes more than just money to run a company as far as getting out there, talking to people, word of mouth, business cards, marketing, flyers, posting, content, all of that. It takes time. That's actually hard work.

• 37:45Speaker 03

  You know what I'm saying?

• 37:46Caleb Hammer?

  What's the point that's being made? I'm confused.

• 37:48Speaker 05

  How can we grow and make money if we're not doing the things to make us more money? That's the point I'm making. Yeah, you can put money and money and money in, but if you're not helping marketing and getting your business out there, how's it helping it grow?

• 38:01Caleb Hammer?

  Kevin, perspective on that?

• 38:03Speaker 04

  Uh, it's, it's a lot to take in. I'm not even in the business.

• 38:08Caleb Hammer?

  Even though you own 50%?

• 38:10Speaker 04

  In person, so I'm just out here and.

• 38:13Speaker 03

  But that's the same thing that what she talking about, just because you're not there in person. Those things can be done from New York or wherever or not, you know, saying far as in like marketing, website and designs and pushing things out there.

• 38:25Caleb Hammer?

  Do you have insight into the books? Can you view the books?

• 38:29Speaker 03

  Not anymore.

• 38:30Speaker 04

  Not anymore.

• 38:30Caleb Hammer?

  Not anymore?

• 38:31Speaker 03

  Yeah, we got crashed with uh with Square. Everything was put on Square.

• 38:36Speaker 04

  Square was not hemp friendly.

• 38:37Speaker 03

  Yeah.

• 38:38Speaker 04

  So they closed our account.

• 38:40Caleb Hammer?

  So it's still primarily hemp until new laws.

• 38:43Speaker 03

  Yeah, the new laws, it things start to downpour.

• 38:46Caleb Hammer?

  Jerry, what's your perspective on Kevin?

• 38:49Speaker 05

  As far as in what specifically?

• 38:50Caleb Hammer?

  Uh, part of this business and whatnot. I mean, I noticed you talked about you and Ricky, but not Kevin.

• 38:55Speaker 05

  I mean, Kevin's a great person, um, like he has put in a lot, but it takes, like I said earlier, it takes more than just money to help a business grow. You, it doesn't necessarily mean you have to be out here with me and Ricky. You can be at home, you can post on our business platform, you can upgrade our website to make sure that all of, all of our services are up to date with the prices as well. You can help us market more, more bookings for the party bus. All of that stuff, you don't have to be in clean to do that. That's what I'm saying.

• 39:30Caleb Hammer?

  I mean, everyone agrees that it takes capital and labor. That's pretty much what makes a business.

• 39:35Speaker 03

  And the labor costs became too high. This is the only reason why.

• 39:39Caleb Hammer?

  Can I have the whiteboard? I am just so, I'm gonna just have, let's have you Ricky, Ricky, you seem to be the boots on the ground operation, sorry, didn't mean to trigger you, uh, for this business.

• 39:53Caleb Hammer?

  Draw the business, the profit centers, the, the income, just like tell me what the business is. For every source of income, you can give me like a percent of what that might be. Just draw out the business for me. I need to, I just need to understand something.

• 40:05Speaker 03

  Okay, so goddamn, then what come off? Anyways, so there's a, uh, we did have a building, we would let the building go. But when we have the building, this is the building, this is the.

• 40:16Caleb Hammer?

  Well, I just wanna know now.

• 40:17Speaker 03

  The shop, you wanna know now what's.

• 40:19Caleb Hammer?

  Yeah, I just need to know what the business looks like now. There's an eraser.

• 40:22Speaker 03

  Yeah, so now, you know, saying there's a, there's a bus. You know, that's goddamn, there's a bus. There's a, there's three buses, actually. There's the party bus and then there's the uh, travel bus.

• 40:38Speaker 03

  And then there's the the smoke shop bus.

• 40:41Caleb Hammer?

  Okay.

• 40:41Speaker 03

  You know what I'm saying?

• 40:42Caleb Hammer?

  Gotcha.

• 40:42Speaker 03

  You know, we got the smoke shop bus, the travel bus and the party bus. And then we have a smoke shop car.

• 40:48Caleb Hammer?

  Car?

• 40:49Speaker 03

  Yeah, we got a car.

• 40:50Speaker 04

  One of them got repossessed.

• 40:52Speaker 03

  Yo, that's that was a van that we had, which the motor didn't work.

• 40:56Speaker 04

  It was under my name.

• 40:57Caleb Hammer?

  It was under your name?

• 40:58Speaker 04

  It was I co-signed for that van. And it was repoed a couple of weeks ago.

• 41:03Caleb Hammer?

  Where were you when I wanted some money for free with no responsibility?

• 41:07Caleb Hammer?

  Okay, okay, so shop car.

• 41:08Speaker 03

  Yeah, shop car. And then we got another van that's for the smoke shop as well, too.

• 41:14Caleb Hammer?

  And this was that repossessed, this one?

• 41:15Speaker 03

  No.

• 41:15Speaker 04

  No, we had total of three.

• 41:17Speaker 03

  Yeah, we got a total of three.

• 41:18Caleb Hammer?

  But we have.

• 41:19Speaker 03

  And then we got the food truck.

• 41:20Speaker 04

  Yeah.

• 41:22Caleb Hammer?

  Okay. So a lot of assets, are there debt on these assets?

• 41:26Speaker 03

  No.

• 41:27Speaker 04

  No.

• 41:27Caleb Hammer?

  These are all owned cash out.

• 41:29Speaker 03

  Yes.

• 41:29Caleb Hammer?

  Why was one repossessed?

• 41:30Speaker 03

  Because that was the only one we were doing payments on.

• 41:32Caleb Hammer?

  Why didn't you pay?

• 41:34Speaker 03

  Um, things got complicated with the with the whole business because one, we we we made a mistake by getting loans. We got a cash advance loan, you know.

• 41:45Speaker 04

  Version cash advance.

• 41:46Caleb Hammer?

  Advance? He didn't take out like a personal loan, business loan?

• 41:49Speaker 03

  No.

• 41:49Caleb Hammer?

  Cash advance?

• 41:50Speaker 03

  Yeah.

• 41:51Speaker 04

  A personal loan?

• 41:51Speaker 03

  We were, we were.

• 41:52Caleb Hammer?

  Yeah.

• 41:53Speaker 03

  We went, we went on this business on a whole point. Uh, first, we got the credit card stacking, which was fine. We got the credit card stacking.

• 42:01Speaker 04

  Are you familiar with credit card stacking?

• 42:03Speaker 03

  Yo, we got the credit card stacking. We got at least about, I want to say about eighty thousand dollars worth of credit cards.

• 42:08Caleb Hammer?

  Okay, are you talking about just that endless transferring?

• 42:11Speaker 04

  Uh, no, no, no, not the transferring. So we went through a third-party service and they apply all these credit cards for us. So we went.

• 42:18Caleb Hammer?

  Oh, that's interesting.

• 42:19Speaker 04

  The first round, we had, we obtained four credit cards, but at the expense of twelve percent. Was it twelve percent?

• 42:24Caleb Hammer?

  Twelve percent's insane.

• 42:26Speaker 03

  No, no, it was, we didn't have zero down on the credit card.

• 42:28Speaker 04

  No, no, no, they're paying for the service.

• 42:31Caleb Hammer?

  Wait, I am confused, though. It's not, how are you guys collecting money now, though?

• 42:35Speaker 03

  Now? Now is a different, different point, you know what I'm saying?

• 42:38Caleb Hammer?

  Yeah, but how are you collecting?

• 42:39Speaker 04

  He's still building it.

• 42:39Speaker 03

  We're still building it. We had to take a pivot.

• 42:42Caleb Hammer?

  But how does income come in? Where do you collect it from?

• 42:44Speaker 03

  Where do we collect it from? What are you talking about?

• 42:45Speaker 04

  I think.

• 42:46Caleb Hammer?

  So Stripe broke, right?

• 42:47Speaker 03

  You're talking about, wait a minute. You're going from one subject to another subject, to ask me some question to another question, and you've got to stay on one point on one of the conversations.

• 42:54Caleb Hammer?

  Well, I can do whatever I want on my show.

• 42:56Speaker 03

  I know what you're saying, but I'm getting confused on what you're talking about.

• 42:58Caleb Hammer?

  That's fine, that's why I'm trying to redefine it. So.

• 43:01Speaker 03

  Okay.

• 43:01Caleb Hammer?

  Stripe doesn't work, how are you making money now?

• 43:04Speaker 03

  We're making money from the, from the hemp shop.

• 43:06Caleb Hammer?

  Yeah, but where's it hitting? Not through Stripe. Where is it getting transferred through?

• 43:10Speaker 04

  Uh, he's, he's referring to POS.

• 43:12Speaker 03

  Oh, the POS system. I don't, I forgot the name of it. I forgot the name of the POS.

• 43:16Caleb Hammer?

  Well, I might be being told it's going like through Cherry's Cash App and Venmo.

• 43:20Speaker 03

  Well, the Cash App, yes, because we had to start using her Cash App because my.

• 43:25Caleb Hammer?

  That's, you don't have any insight on that.

• 43:27Speaker 04

  I, that's true.

• 43:29Caleb Hammer?

  And how does that make you feel, dude? If it was going through her, my business partner's fiance's Cash App?

• 43:37Speaker 03

  And we put it through the bank.

• 43:38Speaker 04

  Uh, which bank?

• 43:40Speaker 03

  From Bank of America.

• 43:41Speaker 04

  But, but that's, is that negative? It's been negative for the past two months.

• 43:45Speaker 03

  We haven't made any money.

• 43:46Caleb Hammer?

  Oh, good. Okay. So, yeah, let's talk about the money then. So these, these are all the assets, correct?

• 43:50Speaker 03

  Right.

• 43:51Caleb Hammer?

  Okay.

• 43:53Caleb Hammer?

  So there's also a podcast.

• 43:54Speaker 03

  That, this, these are all the vehicles we have.

• 43:57Caleb Hammer?

  Okay, yeah, but, okay, so that's the vehicle part of the business. What else is there?

• 44:00Speaker 03

  Part of the business. Then we got videography. You understand?

• 44:04Caleb Hammer?

  And this is for events?

• 44:05Speaker 03

  Huh? This is for events.

• 44:06Speaker 04

  Right.

• 44:06Speaker 03

  Yes. Yeah.

• 44:09Caleb Hammer?

  Okay, so is videography.

• 44:10Speaker 03

  Same setup you have here. We have.

• 44:12Caleb Hammer?

  Kind of.

• 44:13Speaker 03

  You know.

• 44:13Caleb Hammer?

  But, yeah, I get it.

• 44:14Speaker 03

  It's not kind of. You don't know what I have, but yes, we have same setup.

• 44:17Caleb Hammer?

  Well, we don't go mobile and shoot events, so kind of.

• 44:19Speaker 03

  Saying, I don't go mobile either and shoot events. I do shoot events in mobile. What I'm saying is we have a stationary spot that we do it at. You know, we have a stationary spot where we have our same thing. We do the same stuff or whatever like that, not on your level or nothing like that, period.

• 44:36Caleb Hammer?

  Doesn't need to, we're not competing. That's fine.

• 44:37Speaker 03

  But I'm saying that's it.

• 44:38Caleb Hammer?

  Okay, so videography, what else?

• 44:40Speaker 03

  Uh, videography and, um, that's it. This is all, this is all part of the business.

• 44:45Caleb Hammer?

  Write down on average for each of those what they would bring in net after costs.

• 44:53Speaker 03

  Now, like, would they bring in?

• 44:55Caleb Hammer?

  Now, now, not would, now.

• 44:58Speaker 03

  Like now they're not bringing in nothing but the videography.

• 45:01Speaker 04

  Why?

• 45:01Speaker 03

  Because we just started.

• 45:02Speaker 04

  He's still building it up.

• 45:03Speaker 03

  Okay.

• 45:04Caleb Hammer?

  So what does that mean? What does it look like now then? If it's still being built out, what's this still building? I understand the hemp one. Like, okay, we can like, that's on hold until we figure it out, but.

• 45:12Speaker 03

  So, so this all got changed just recently. Within three months, everything kind of took a pause and stopped.

• 45:19Caleb Hammer?

  Why?

• 45:20Speaker 03

  Because of the hemp business.

• 45:21Caleb Hammer?

  So the travel bus relied on the hemp business?

• 45:23Speaker 03

  Okay, so the travel bus and every part of this business relied on one part of the business because it made so much money. And when it made so much money.

• 45:32Caleb Hammer?

  Oh, so you're saying all of it was subsidized? They're all money losers being subsidized by the hemp business?

• 45:37Speaker 03

  No, it's just, I didn't have enough. We were, I was starting to break off and push more into the party bus more. Okay, this is what happened. Because it's a long story and we're going to it in, in a quick ways and you're asking questions about certain things. I'm just saying, okay, far as in the party bus and far as in, in, uh, some of these vehicles and stuff like that and what happened in the situation. The party bus took, I want to say fifty thousand dollars in creation and it, and twenty thousand dollars.

• 46:07Caleb Hammer?

  Chunky.

• 46:08Speaker 03

  It took, huh?

• 46:08Caleb Hammer?

  That's chunky.

• 46:09Speaker 03

  Yes. And it took, because we, it was, it was originally the, uh, the mobile studio. Where we had started correct, uh, at first.

• 46:18Speaker 04

  Very first thing, yeah.

• 46:19Speaker 03

  And we changed it into a party bus and I had put a rap on there. We had got with a dude named Kevin that he ran his business for thirty years. I don't know this guy. I mean, I know him, but I didn't know he was going to take this long with the rap on a bus.

• 46:32Caleb Hammer?

  Not this Kevin?

• 46:33Speaker 03

  No, not.

• 46:33Caleb Hammer?

  Different Kevin?

• 46:34Speaker 03

  A different Kevin.

• 46:34Speaker 04

  Different Kevin, yeah.

• 46:36Speaker 03

  He took six months to get our bus back when we had a rap on it. So it took a pause on that bus. The transmission went out on the, uh, on the, what you call it? On a, uh, on a, on the smoke shop bus. So we couldn't utilize that.

• 46:50Caleb Hammer?

  So where, where's the standing on every single one of these individually today?

• 46:53Speaker 03

  They work now.

• 46:54Caleb Hammer?

  Okay, so why is no money coming in?

• 46:56Speaker 03

  Because I'm only one person. We lost a lot of stuff.

• 47:01Caleb Hammer?

  What'd you lose?

• 47:01Speaker 03

  When the hemp business went down.

• 47:03Caleb Hammer?

  What'd you lose?

• 47:04Speaker 03

  We lost employees.

• 47:05Caleb Hammer?

  Okay, but why would the employee for the transportation bus be funded by the hemp business?

• 47:09Speaker 03

  Because it was the only thing that was coming through. We had just got the bus back.

• 47:13Caleb Hammer?

  Okay, so what do we need to do right now to get it up and running? Let's say there was employees to run it, what would they bring in on net?

• 47:20Speaker 03

  What would they bring in on net on a party bus?

• 47:22Caleb Hammer?

  Each, each individual item there. Like, not the hemp, obviously, anymore, but what would they?

• 47:27Speaker 03

  On a monthly basis, a weekly basis?

• 47:28Caleb Hammer?

  What was that first one? S? What's S again?

• 47:30Speaker 03

  That's, that's the smoke shop bus.

• 47:31Caleb Hammer?

  Okay, can, can we still do that today?

• 47:33Speaker 03

  Yeah.

• 47:34Caleb Hammer?

  Okay, what would they bring on a net if you had the employee in place? A net after expenses?

• 47:38Speaker 03

  Uh, monthly, are you talking about?

• 47:39Caleb Hammer?

  Yes, monthly.

• 47:40Speaker 03

  Monthly, after expenses, you're talking about, uh, we run it now, had all the stuff that was in there? You're talking about maybe twenty, twenty-five thousand dollars a month?

• 47:49Caleb Hammer?

  Does that sound right, Kevin?

• 47:52Caleb Hammer?

  You did the taxes.

• 47:53Speaker 04

  I don't, I don't see that hit in the checking account.

• 47:57Speaker 03

  Listen, we have that hitting the check.

• 47:59Caleb Hammer?

  Mass, man.

• 48:00Speaker 03

  We had that hitting the checking account for almost two years.

• 48:02Caleb Hammer?

  Okay, so things are being run through her Cash App right now in Venmo, right?

• 48:05Speaker 03

  What'd you say?

• 48:06Caleb Hammer?

  Things are being run through her Cash App in Venmo right now, right? Transactions?

• 48:09Speaker 03

  We, she don't have Venmo, but yes, Cash App.

• 48:11Caleb Hammer?

  Would you let Kevin see your Cash App?

• 48:13Speaker 03

  We do.

• 48:14Speaker 05

  But it, it, all the business stuff isn't just on Cash App. I have other personal things that I get Cash App for.

• 48:18Caleb Hammer?

  No, that's fine, but like, he would see the business.

• 48:20Speaker 05

  Yeah, I have no problem.

• 48:21Speaker 03

  Will you show him everything?

• 48:23Speaker 05

  When they have a meeting every day, when they have a meeting every day and Kevin talks to Ricky about numbers, so I'm not sure how he didn't see it when they have conversations every day about numbers. That doesn't make any sense.

• 48:34Speaker 03

  We show him the, the Cash Apps. We, we send over the things and stuff like that.

• 48:37Speaker 05

  Cause if he never saw any numbers, why would he still be here this long?

• 48:40Speaker 04

  I haven't seen any of the Cash Apps.

• 48:41Caleb Hammer?

  He hasn't seen it? He's saying he hasn't seen it.

• 48:43Speaker 03

  And it's not like.

• 48:43Caleb Hammer?

  Why's he saying that?

• 48:44Speaker 03

  The thing is this, we just started using her Cash App. It wasn't like it been the like.

• 48:48Speaker 05

  It wasn't the whole time.

• 48:48Speaker 03

  It wasn't the whole time.

• 48:49Caleb Hammer?

  Yeah, I know. When, when did it start?

• 48:51Speaker 03

  Uh, they shut down our Cash App and they shut down our Square.

• 48:55Caleb Hammer?

  So what do you use now?

• 48:56Speaker 03

  That's why we end up using her. And we started, we switched over and we had to use another POS system. Like, three months.

• 49:03Caleb Hammer?

  And, and you're saying you haven't seen anything in three months?

• 49:05Speaker 04

  No, I haven't.

• 49:06Speaker 03

  That's why.

• 49:09Caleb Hammer?

  Okay, can he see?

• 49:11Speaker 03

  I mean.

• 49:12Caleb Hammer?

  Yeah, you can reach. She doesn't want to be on camera.

• 49:13Speaker 03

  Yeah.

• 49:14Caleb Hammer?

  Just take a look.

• 49:15Speaker 05

  Which transactions are which transactions? That's what I'm saying.

• 49:18Caleb Hammer?

  No, I know. I know. He can ask for clarification. Take a little look through.

• 49:21Speaker 05

  Ricky's right there.

• 49:22Caleb Hammer?

  Take a little peekies.

• 49:23Speaker 03

  Yeah.

• 49:23Caleb Hammer?

  Little peek. Okay, so let's say 20,000. Great, transportation bus. What would that bring in while Mr. Kevin goes through and looks?

• 49:29Speaker 03

  Uh, the transportation bus can bring anywhere from, uh, let's say.

• 49:33Caleb Hammer?

  Net after costs.

• 49:34Speaker 03

  After costs, $10,000 a month.

• 49:36Caleb Hammer?

  Okay, that would be lovely. Um, P, I forgot about P. Party bus. Yes, what does that bring in?

• 49:42Speaker 03

  Uh, it can bring anywhere after costs, uh.

• 49:45Caleb Hammer?

  Own Colleen, by the way.

• 49:46Speaker 03

  About $15,000. No, I hear in Austin. It's in Austin. It's right around the corner. It's actually right around the block. The party bus and the food truck.

• 49:57Speaker 04

  I mean, there's a lot of transactions. There's a lot of food, shopping, gas. I mean, I just, it's, it's hard to keep it organized.

• 50:04Caleb Hammer?

  By the way, the, like, your CPA is not gonna like and IRS certainly won't. Personal and business all being collected in one.

• 50:11Speaker 03

  I couldn't stop. You know, we didn't make the cash app stop. We had to make a pivot to sit there and.

• 50:18Caleb Hammer?

  I know, because you were doing business that was illegal in Texas. So, uh, okay. Okay, do you believe these numbers? Because he's saying net, you guys can make, uh, what is that, 40,000 hours a month?

• 50:30Speaker 04

  Look, I'll, I look, I look at the numbers on our checking account. It has never exceeded

• 50:37Speaker 04

  $4,000 balance.

• 50:38Caleb Hammer?

  So why?

• 50:39Speaker 03

  Okay.

• 50:40Caleb Hammer?

  Why does it ever exceed 4,000? If you're saying just those three, you can bring in 50 net. Net is after costs.

• 50:45Speaker 03

  Okay, uh, that is, you're saying, you're, you're talking about suspensitory type numbers that can be done now.

• 50:52Caleb Hammer?

  Huh?

• 50:52Speaker 03

  If we had them, if we had them, you.

• 50:54Speaker 04

  Oh, these were the numbers I would make.

• 50:56Speaker 03

  Would make.

• 50:56Speaker 04

  Would.

• 50:57Caleb Hammer?

  Yeah, if you brought them up today.

• 50:58Speaker 03

  Yeah, if I had the money to do all the stuff that we wouldn't make.

• 51:01Caleb Hammer?

  What do you need?

• 51:02Speaker 03

  To get this done?

• 51:03Caleb Hammer?

  Yes.

• 51:04Speaker 03

  Probably like 50,000 to get that done.

• 51:08Caleb Hammer?

  Ready? Put in another 50?

• 51:10Speaker 03

  You know, I mean, I don't.

• 51:12Speaker 04

  No, no.

• 51:12Caleb Hammer?

  I don't too. I thought you're a big asset, big, lots of.

• 51:15Speaker 03

  Yeah, I got a lot of stuff going on, but I don't have no cash.

• 51:17Caleb Hammer?

  If you're so confident in it, borrow against your home, put 50 in it.

• 51:20Speaker 03

  We did that already. I have so many.

• 51:22Caleb Hammer?

  I thought you said you had equity.

• 51:24Speaker 03

  We do.

• 51:24Caleb Hammer?

  There you go.

• 51:25Speaker 03

  But what I'm saying, I already borrowed against it.

• 51:27Speaker 04

  He does have a plan to acquire more capital.

• 51:30Speaker 03

  Yeah.

• 51:31Caleb Hammer?

  What's the plan?

• 51:32Speaker 03

  So, um, the same thing that he did with the credit card stacking and stuff like that. We already have in plan with people to be able to, myself, her, and one of our other business partners to be able to do the same thing with our credit cards and be able to alleviate. The thing about it was, we wasn't able to get an SBA loan. We wasn't able to get an SBA loan.

• 51:51Caleb Hammer?

  No shit. This is a mess.

• 51:53Speaker 03

  It wasn't a mess before this all started. Before this all started, it wasn't a mess.

• 51:58Caleb Hammer?

  Okay, before, when was it before it all started? When was that?

• 52:01Speaker 03

  It was last year.

• 52:02Caleb Hammer?

  Cool, last year. What were you seeing on a monthly basis? Before we keep going, a quick word from today's sponsor. Raise your hand if you've been putting off a doctor's appointment. Dental cleaning, annual checkup, weird skin thing, whatever. Yeah, a lot of you are doing what people do with money problems as well. Avoiding it and hoping it magically fixes itself, but it doesn't. And that is why this part of the video is sponsored by Zocdoc. Zocdoc is a free app and website that helps you find and book high-quality in-network doctors so you can find someone you love. We're talking more than 150,000 providers across all 50 states. Whether you need dermatology, dentistry, primary care, eye care, or one of the other 200-plus specialties, you can search by specialty or even symptom.

• 52:45Caleb Hammer?

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• 53:30Caleb Hammer?

  Master Your Investing, and Master Your Real Estate, all of it 50% off. I've worked with a team of experts to build the best courses on the planet. Create a budget that gives every dollar a job.

• 53:42Speaker 01

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• 54:07Caleb Hammer?

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• 54:51Speaker 04

  It's not significant.

• 54:53Caleb Hammer?

  Okay, so what are we talking about then?

• 54:55Speaker 03

  As far as not significant, we have, we have the numbers. And you know what I'm saying, it's showing in there. If you have the financial, in our bank account, we had the numbers showing that we were making $25,000 to $30,000 a month that were alleviating going to the account. We were just paying employees. We were paying employees, buying things for the company, running the business. When you're not there physically, when you're not there actually...

• 55:15Caleb Hammer?

  He said he didn't have to be.

• 55:17Speaker 03

  You can see it on the, he wasn't looking on the computer on the square.

• 55:21Caleb Hammer?

  Why? Why were you looking on the computer?

• 55:22Speaker 03

  It's there. All the sales were there, everything that was there.

• 55:26Caleb Hammer?

  Why don't you trust this guy?

• 55:29Speaker 04

  Oh, that's a, that's a.

• 55:31Speaker 03

  He trusted me plenty of times.

• 55:32Caleb Hammer?

  Well, why'd you trust him to invest a couple hundred thousand dollars, dude? You couple hundred thousand dollars, we multi millions in the S and P 500 by the time you retired.

• 55:41Speaker 04

  I could have been a millionaire.

• 55:42Caleb Hammer?

  You fucked it? Yeah. Why'd you trust him?

• 55:45Speaker 04

  I was naive.

• 55:46Caleb Hammer?

  Why?

• 55:47Speaker 04

  I was 26, 27.

• 55:48Caleb Hammer?

  Oh, shut the fuck up.

• 55:49Speaker 04

  Okay.

• 55:49Caleb Hammer?

  None of us do this at 26, 27.

• 55:52Speaker 04

  I guess I was really persuaded and convinced that we would make multi millions.

• 55:56Caleb Hammer?

  How did he persuade you, though? What made you fall? I mean, objectively, no, not yet.

• 56:01Speaker 03

  Things, I wasn't expecting for the hemp business to fall. I wasn't expecting for cash.

• 56:06Caleb Hammer?

  But if you get into a risky business, like you kind of understand, right?

• 56:09Speaker 03

  I didn't expect for it to fall. I didn't expect for the laws to change. You know what I'm saying?

• 56:14Caleb Hammer?

  Really? In Texas?

• 56:15Speaker 03

  I didn't expect for it to change.

• 56:17Caleb Hammer?

  Ken Paxton's been pushing for this forever.

• 56:19Speaker 03

  Man, I don't look at this stuff like that.

• 56:21Caleb Hammer?

  You don't look at the stuff that impacts your business?

• 56:23Speaker 03

  I do look at it, but I'm saying I didn't expect it to change that harshly.

• 56:26Caleb Hammer?

  That's who you're investing in? The guy who doesn't look into the things that impacts his business?

• 56:31Caleb Hammer?

  You got sold. Great. Um, okay.

• 56:33Speaker 03

  Nobody expected it to happen and it's more than just me.

• 56:35Caleb Hammer?

  Actually, I did. I've been following that. They've, they've been trying that. Actually, they've been, okay, he's 26, 27. You're 30 now. They've been trying that since you're 26, actually.

• 56:43Speaker 03

  I know over.

• 56:44Caleb Hammer?

  I've been following it for four years.

• 56:45Speaker 04

  Geez Louise.

• 56:46Speaker 03

  I know over 15 different businesses personally, they've spent hundreds of thousands, just the same as I done. They fell under just because they changed the laws.

• 56:54Caleb Hammer?

  Yeah, but they bet on the risk.

• 56:56Speaker 03

  Yeah, when I did too.

• 56:57Caleb Hammer?

  But you weren't even informed on the risk.

• 56:58Speaker 03

  I was informed on the risk.

• 56:59Caleb Hammer?

  You just said you didn't look into it.

• 57:01Speaker 03

  I'm saying like, I didn't think it was gonna go change like that.

• 57:03Caleb Hammer?

  You weren't informed on the risk?

• 57:04Speaker 03

  I was informed on the risk every day. He even remind me about the risk.

• 57:08Caleb Hammer?

  What? What the fuck? What am I dealing with here? He's, he can't, he can't say he's informed.

• 57:12Speaker 05

  How much money did we pay back, Kevin, on that loan? How much money was it? The money that we fully paid back?

• 57:18Speaker 04

  Do what?

• 57:18Speaker 03

  We paid back, um, on the loan, it was like, what, sixty thousand dollars?

• 57:23Speaker 04

  We took a small, uh, what's it called?

• 57:25Speaker 05

  And then we paid back every penny, the whole thing?

• 57:27Speaker 04

  We, we took like a small business loan from.

• 57:29Speaker 03

  The reason why you, we never saw any significant money in the account is because we took a loan. And so this is what it is. We took a loan and we were paying a thousand dollars a week, a thousand dollars a week on loans that were coming through their account. We were making them, never missed a payment. Sat there and made a thousand dollars a week, every week on this account. You know what I'm saying? Then we're paying another thirty-five hundred dollars in credit cards every month. Then plus the employees, then plus the mortgage, then plus the lights, then plus all the things that it takes to run the business and be able to apply the supplies.

• 58:03Caleb Hammer?

  To run the businesses.

• 58:04Speaker 03

  I understand that, but that's what went to the downfall. And what happened after that, after we sat there and paid off all the loans, it was a financial freedom that we're gonna go stand ahead. Then took on his head to put all the credit card payments, which they were all spread or spread it around through the month, you know, where we, how we supplicate and how we make, how we make money, how we separate and put the money in our accounts. We're making four hundred, five hundred, five, five hundred, three hundred, you know what I'm saying, every other day. And what happened after that.

• 58:36Caleb Hammer?

  Such a mess. Okay.

• 58:37Speaker 03

  You know, he put all the, all the payments into one day.

• 58:41Caleb Hammer?

  You guys took on way too much risk, way too much debt to fuel this thing in an industry that if you did any research, you would know that Texas was trying to change the law on. This was just uninformed, moronic behavior across the board. Come on. Dude, I don't smoke weed, but I follow basic Texas news.

• 59:00Speaker 03

  And I followed it too, and then we fought.

• 59:02Caleb Hammer?

  He just said you didn't follow it.

• 59:04Speaker 03

  What I'm saying is that after it started changing, I followed it. I started seeing what was going on.

• 59:08Caleb Hammer?

  But not that they're trying to change it.

• 59:10Speaker 03

  Look, the thing about this, we can't help but to sit there and find out what's going on because the suppliers that I'm getting it from are telling me about what's going on.

• 59:19Caleb Hammer?

  Just follow the news. I get it from the Austin American Statesman.

• 59:21Speaker 04

  It's also because it's probably one of the most, it's probably one of the most jarring income upstream better than what we had else going on.

• 59:30Caleb Hammer?

  Oh my.

• 59:31Speaker 05

  That's why all of our eggs aren't in just that business. That's why we have multiple different things. So if the hemp did cut off.

• 59:39Caleb Hammer?

  Well, but the other ones aren't doing anything.

• 59:41Speaker 05

  We still have videography, we still have our podcast, we still have photography. We still have the party bus, we still have the food truck.

• 59:47Caleb Hammer?

  Which is it making? None of this is making.

• 59:49Speaker 03

  It's making money.

• 59:50Caleb Hammer?

  You just, then what are they making right now?

• 59:53Speaker 03

  Right? We just pivot and start to change and make more from it.

• 59:56Caleb Hammer?

  What is being made right now? Can anyone answer this question?

• 1:00:01Speaker 03

  What's being made right now with the company with those buses and everything right now? We're making anywhere probably about five to $6,000 every month for it.

• 1:00:09Caleb Hammer?

  So that sound right?

• 1:00:10Speaker 04

  I don't know.

• 1:00:11Caleb Hammer?

  In videography, what's being made?

• 1:00:13Speaker 05

  Yeah, that sounds right.

• 1:00:14Caleb Hammer?

  Okay.

• 1:00:17Speaker 03

  Yeah.

• 1:00:17Speaker 04

  I don't know.

• 1:00:19Caleb Hammer?

  Okay, well, that's a lot of money for three people. So, so profiting five to 6,000?

• 1:00:26Speaker 03

  No.

• 1:00:28Caleb Hammer?

  Breaking even?

• 1:00:29Speaker 03

  Breaking even.

• 1:00:29Caleb Hammer?

  Losing?

• 1:00:30Speaker 03

  No, not losing.

• 1:00:31Caleb Hammer?

  Congratulations. What a return on investment.

• 1:00:35Caleb Hammer?

  What do you think the financial score would be for your business? Zero to 10, if you had to rate it today, so you're being the absolute worst, 10 being the absolute best?

• 1:00:41Speaker 03

  The financial score?

• 1:00:42Caleb Hammer?

  Yeah.

• 1:00:42Speaker 03

  It'd be a two.

• 1:00:44Caleb Hammer?

  What would you rate it?

• 1:00:45Speaker 05

  About four.

• 1:00:46Caleb Hammer?

  What would you rate it?

• 1:00:50Speaker 04

  I haven't got a dime, so it's zero.

• 1:00:53Caleb Hammer?

  If you want your Hammer financial score, get it for free at CalebHammer.com. Figure out where you stand in the world of money. Where you're doing great, where you're doing poor, and what you need to do to become better. Check it out. And if you don't want to be like morons that show up on the show, no offense, love you guys. You guys are great people. I think maybe, actually, I don't know you like that and I can't say that. Just make sure to download the Dollar Wise Budgeting app. Sign up for it, take the free trial, see if you like it. Most people do. They sign up for the annual version and when you do, you get the budget friendly meal plan signed by me mailed directly to you. And the digital version of the cookbook for every single recipe. Check that out, DollarWise.com or just download it in the app store of your choice. I guess we gotta get out of the paperwork, man. This is, this is what a mess, what an insane, stupid ass mess. How much does the videography make in a month?

• 1:01:39Speaker 03

  On the month?

• 1:01:41Speaker 03

  I mean, I just started roughly just doing it hardly like right now, so.

• 1:01:47Caleb Hammer?

  Is everything just like, nothing's ever being done. It's like now. Okay, what about the photography?

• 1:01:54Speaker 03

  I don't do photography. I do videography.

• 1:01:56Caleb Hammer?

  Well, she said photography.

• 1:01:57Speaker 03

  I do it, but not like that, not for money. It's just for our personal things, for our website.

• 1:02:02Caleb Hammer?

  Okay, the podcast.

• 1:02:03Speaker 03

  You know?

• 1:02:04Caleb Hammer?

  What does it make?

• 1:02:04Speaker 03

  We're not monetized yet.

• 1:02:07Caleb Hammer?

  Where do you post your podcast?

• 1:02:08Speaker 03

  Youtube, Instagram.

• 1:02:10Caleb Hammer?

  What is it? Hey, got over that a thousand. The first thousand subscribers is the hardest.

• 1:02:15Speaker 03

  Yes.

• 1:02:18Caleb Hammer?

  I haven't seen a podcast.

• 1:02:20Speaker 03

  We've.

• 1:02:20Caleb Hammer?

  Let me guess, we're just starting that as well?

• 1:02:22Speaker 03

  No, we're not just starting. And I had Kurt Cobain's, I had Lil Flip, we had.

• 1:02:27Speaker 05

  Charleston White.

• 1:02:27Speaker 03

  Charleston White, we had a bunch of different people on there. We just haven't been posting much videos.

• 1:02:32Caleb Hammer?

  You got Kurt Cobain, you haven't.

• 1:02:34Speaker 05

  It's on there, you just have to scroll, it's on there.

• 1:02:36Caleb Hammer?

  The one that's like dead?

• 1:02:38Speaker 03

  No, it's a rapper.

• 1:02:41Caleb Hammer?

  Isn't that the guy of like, did hair Nirvana?

• 1:02:44Speaker 03

  No, that's a different Kurt Cobain.

• 1:02:46Caleb Hammer?

  The one that people know?

• 1:02:47Speaker 03

  Yeah, wasn't it Kurt Cobain, right?

• 1:02:49Speaker 05

  It's Kurt Cobain, he sings Drink in My Coke?

• 1:02:51Speaker 03

  Yeah.

• 1:02:52Caleb Hammer?

  Okay, which is uploaded on this channel?

• 1:02:54Speaker 03

  Yeah.

• 1:02:55Caleb Hammer?

  Okay, let's see, most popular video, let's have it sort by most popular. It's taking a second to load. Okay. With Lil Flip.

• 1:03:04Speaker 03

  Yeah.

• 1:03:05Caleb Hammer?

  Uh, 2.2002 years ago. And you invested in this.

• 1:03:13Caleb Hammer?

  Also, it's 14 minutes.

• 1:03:15Speaker 03

  Um, it wasn't like we're paying him, it was like, kinda like, on a whim, you know, he was gonna help us out and put us on there and stuff like that.

• 1:03:23Caleb Hammer?

  Wow. Assessment. Of the 55 minutes I know you guys so far.

• 1:03:29Speaker 03

  Mm-hmm. You said 55 minutes, you know this so far, the assessment? You're gonna give us an assessment?

• 1:03:35Caleb Hammer?

  Assessment based on the 55 minutes I have so far, yes.

• 1:03:37Speaker 03

  Yeah.

• 1:03:38Caleb Hammer?

  You're all talk, that's it, and you're a leech. And you know nothing, and you're a cuck.

• 1:03:46Caleb Hammer?

  Everyone's pathetic in like a different way here. Except for you, cuz I can't say that to you.

• 1:03:50Speaker 03

  I don't know how we pathetic, or I'm pathetic. Our business is doing well.

• 1:03:54Speaker 05

  Takes one to know one.

• 1:03:55Speaker 03

  And then.

• 1:03:56Caleb Hammer?

  That's what you got? After your 30 seconds of pause? Takes one to know one is what you got?

• 1:04:02Speaker 05

  Yeah.

• 1:04:02Caleb Hammer?

  I'm rubber, you're glue? Is what you got after 30 seconds of what I said?

• 1:04:06Speaker 05

  My glue?

• 1:04:07Caleb Hammer?

  Huh?

• 1:04:08Speaker 05

  My glue?

• 1:04:10Caleb Hammer?

  What?

• 1:04:10Speaker 05

  Yeah, I didn't, I didn't hear what you said.

• 1:04:12Caleb Hammer?

  No, the best thing you got was a middle school comeback?

• 1:04:14Speaker 05

  Maybe.

• 1:04:16Caleb Hammer?

  Oh, she is a stripper.

• 1:04:17Speaker 03

  But anyways, like I said, um, when it comes to the business and whatever.

• 1:04:23Caleb Hammer?

  Oh, she had a delay. What was that again?

• 1:04:25Speaker 05

  Everyone says that like it's an insult. It's not an insult.

• 1:04:28Caleb Hammer?

  No, it's just I don't expect, expect much more.

• 1:04:30Speaker 05

  It's not an insult.

• 1:04:32Caleb Hammer?

  No, no, no.

• 1:04:32Speaker 05

  Actually a compliment.

• 1:04:33Caleb Hammer?

  I love strippers. I see them all the time.

• 1:04:35Speaker 05

  I bet.

• 1:04:36Caleb Hammer?

  They're lovely. Not usually respected for their intelligence.

• 1:04:41Speaker 03

  Talking about lotion and rubbing yourself and everything like that. I don't think.

• 1:04:43Caleb Hammer?

  Here you talk about lotion.

• 1:04:45Speaker 03

  Beginning of this podcast, you was talking about lotion.

• 1:04:46Caleb Hammer?

  I'm not Ashy. What are you talking about me and lotion?

• 1:04:48Speaker 03

  I don't know.

• 1:04:49Caleb Hammer?

  What?

• 1:04:50Speaker 03

  You the one said it, not me.

• 1:04:52Caleb Hammer?

  Lotion?

• 1:04:52Speaker 03

  Yes.

• 1:04:53Caleb Hammer?

  What are you talking about?

• 1:04:54Speaker 03

  You was talking about baby oil and some Diddy stuff, man.

• 1:04:56Caleb Hammer?

  Baby oil, Diddy, uh, Diddy, Didiography.

• 1:04:59Speaker 03

  Yeah.

• 1:04:59Caleb Hammer?

  Didiography, yeah, because you're half the time inaudible. That's what I thought I heard. So, yeah.

• 1:05:04Speaker 03

  I don't think you go to strip clubs. But anyways, it was all in the business.

• 1:05:08Caleb Hammer?

  Went with everyone in this room.

• 1:05:10Speaker 03

  Anyways, when it comes to this business, uh, I, you can say successful or not. I know where we're going to be successful in this business.

• 1:05:17Caleb Hammer?

  It's always we're going to be. After he put hundreds of thousands in for years.

• 1:05:21Speaker 03

  And I did too. I have a lot relying on this business. A lot.

• 1:05:25Caleb Hammer?

  I'm sure, but you have her supplemental disability of which we can't say is for, for being a cook.

• 1:05:33Speaker 03

  Like I said, I put most of everything that I had.

• 1:05:36Caleb Hammer?

  Saying, I love veterans. Veterans are the best among us. They are literally, we have the United States because of the veterans. But we know for a fact on this show's history, they're not a sacred cow. We can't just be like, no matter what, it's all good, no matter what. And we've, when we've had literally over a dozen people on the show, basically brag about how they're getting fully funded disability for something that didn't happen.

• 1:06:00Speaker 03

  I don't rely on her disability to do my business.

• 1:06:02Caleb Hammer?

  You guys can. So you know you can take more risk because you know you can fall back on it.

• 1:06:08Caleb Hammer?

  In the end, if we all have a big safety net, we're able to take more risk. That's a basic reality.

• 1:06:13Speaker 03

  Her safety net doesn't recall me in doing anything that I'm doing.

• 1:06:17Caleb Hammer?

  Well, your fiance, you're about to be married, so that will be there.

• 1:06:20Speaker 03

  I don't rely on that. That's not the type of man I am.

• 1:06:22Caleb Hammer?

  You don't rely on it right now, I know, but it allows you to take more risk.

• 1:06:24Speaker 03

  That's not the type of man I am, and you can't tell me what I'm doing. I don't rely on no woman to help me with nothing.

• 1:06:28Caleb Hammer?

  A little sexist.

• 1:06:29Speaker 03

  Period. That could be sexist all you want. I don't rely on a woman to help me with nothing that I do with my business. Period. Point blank.

• 1:06:36Caleb Hammer?

  Except that money's there, so you're able to take more risk, because you know if everything were to go to shit, you can fall back on it.

• 1:06:42Speaker 03

  That's what you say, but I don't rely on it.

• 1:06:43Caleb Hammer?

  Well, that's what the numbers say.

• 1:06:44Speaker 03

  No, these numbers don't say that. I take care of my stuff. I don't.

• 1:06:49Caleb Hammer?

  Thanks to his hundreds of thousands. I guess you're right. You didn't use a woman, you used the Asian wink.

• 1:06:53Speaker 03

  That's what your problem is. You're just sitting there and just listen. I told you, I had a tow truck company. That it makes this money to where I can make some. I don't put on books.

• 1:07:00Caleb Hammer?

  You said had. Why would you not put it on books? If you're not putting it on books, that's illegal.

• 1:07:04Speaker 03

  I sold. I don't care if, give a fuck about it being illegal. I make my money.

• 1:07:08Caleb Hammer?

  Well, that's.

• 1:07:10Speaker 03

  You know what I'm saying? I'm gonna make my money to where you need to go. I'm not doing, I'm not selling drugs or nothing like that. I'm gonna make my money. If I have to escape some taxes to be able to run my tow truck to make some money, get my company going, that's what I'm gonna do.

• 1:07:22Caleb Hammer?

  Okay, so disability for an unknown disability as a cook and tax fraud.

• 1:07:27Speaker 03

  Yeah, ain't no tax fraud.

• 1:07:29Caleb Hammer?

  What you just said? I'm going off of your words.

• 1:07:32Speaker 03

  I'm not making enough money to sit up there and make tax fraud on my tow truck that I'm running.

• 1:07:36Caleb Hammer?

  You said you made 200,000. That would be enough money.

• 1:07:38Speaker 03

  Before we start running this business, I'm one running the truck. I can't sit there and run that truck at the same time I'm doing this business. I'm the only one running the truck. So anytime I need some money for this business, yes, I will go take a car for a tow. Yes, I will go sit there and go tow a car. Yes, I will go repo a car to make some cash to be able to go buy product.

• 1:07:58Caleb Hammer?

  No one's saying you don't work hard, but I am saying for this business and looping someone in to give all this money, put away the bits and everything that I've been doing and the jokes and the hee hee, ha ha's. You are all talk.

• 1:08:11Speaker 03

  When it comes, I'm not all talk.

• 1:08:12Caleb Hammer?

  You've been for him.

• 1:08:13Speaker 03

  No, I've actually told him what to do, far as in what you do.

• 1:08:17Caleb Hammer?

  He's made less than a penny on his return on investment for hundreds of thousands of dollars.

• 1:08:21Speaker 03

  And that wasn't.

• 1:08:22Caleb Hammer?

  And he's been sucked in due to the talk. Come on.

• 1:08:24Speaker 03

  It wasn't sucked in due to the talk.

• 1:08:25Caleb Hammer?

  Heaven has it?

• 1:08:26Speaker 03

  We lost because of structural things that happened to the business.

• 1:08:30Caleb Hammer?

  But before that, he didn't make a penny.

• 1:08:32Speaker 03

  Before that, we were still building.

• 1:08:35Caleb Hammer?

  It's forever building with people that are all

• 1:08:37Speaker 03

  Forever building with that. You don't know not running the business that we're running. You're subjugating and putting things on

• 1:08:42Caleb Hammer?

  Subjugating again, not again.

• 1:08:44Speaker 03

  Man, look, listen. Look here. Look, listen. You're sitting up here talking about some things that you don't know no business about.

• 1:08:52Caleb Hammer?

  What are you talking about?

• 1:08:53Speaker 03

  You're talking about, hey, you're sucking him in and not running the business. I'm running the business.

• 1:08:57Caleb Hammer?

  Like I said, I'm giving the perspective based on the 55 minutes that I've had so far.

• 1:09:01Speaker 03

  I know, but you do your 55 minutes, you listen so far, you listen to five minutes of conversation and you don't know the structure of your business.

• 1:09:06Caleb Hammer?

  Five minutes, I've been listening to you a lot. You've been rambling, buddy. You've been controlling the conversation.

• 1:09:11Speaker 03

  You've been asking questions and separating conversations. You've been separating conversations and putting a conversation here, there, there.

• 1:09:17Caleb Hammer?

  I'm trying to learn as much as I can.

• 1:09:19Speaker 03

  You can't learn anything because you don't listen.

• 1:09:21Caleb Hammer?

  Oh my gosh, what have I not listened to?

• 1:09:23Speaker 03

  You don't listen to the rest of the conversation.

• 1:09:25Caleb Hammer?

  What have I not heard?

• 1:09:25Speaker 03

  Okay, when I finish, so I have a sentence going, I'm telling you about the business, you don't listen to it. You interrupting the conversation and you say something about the numbers.

• 1:09:32Caleb Hammer?

  What have I not learned?

• 1:09:33Speaker 03

  What have you not learned?

• 1:09:34Caleb Hammer?

  Yes.

• 1:09:35Speaker 03

  How the business failed.

• 1:09:37Caleb Hammer?

  No, I 100% did. I said you-

• 1:09:39Speaker 03

  No, it didn't. It failed more than just with the hemp company. It failed because the bus couldn't come back, because the motor went out inside the truck. Because a lot of things happened with the business between things getting stolen, between things messing up between the business employees. People got, had to fire back and forth. It wasn't just that. You're not running there. You didn't listen long enough for me to ever tell you.

• 1:10:02Caleb Hammer?

  But you didn't listen to anyone who's ever been a successful business owner once in their life because you know if you did, you'd have a proper business emergency fund.

• 1:10:08Speaker 03

  I listened to a bunch of people that-

• 1:10:09Caleb Hammer?

  Well, then you listened to a bunch of

• 1:10:10Speaker 03

  I didn't listen to a bunch of people. I listened to people that are doing more successful than me. And they helped me structure the business.

• 1:10:15Caleb Hammer?

  Because you would have an emergency fund for those things that would happen for your business.

• 1:10:18Speaker 03

  I did have an emergency fund.

• 1:10:20Caleb Hammer?

  You wouldn't be going into a new asset in cash every single time without having an emergency fund to cover six months of that thing being broken. To make sure your employees could have food on the table, to make sure that you can replace a motor. You don't have assets that generate your income without the ability to fix it.

• 1:10:34Speaker 03

  We did take care of that. You don't know what I'm saying. We did take care of it.

• 1:10:37Caleb Hammer?

  The consequence of it is it all failed because of that, because the motor broke down. Now you're saying you could have taken care of it? What are you talking about? You're kind of a dick to yourself.

• 1:10:44Speaker 03

  No, you didn't. Again, you don't know the inside of the business.

• 1:10:47Caleb Hammer?

  Give me the inside!

• 1:10:48Speaker 03

  I'm telling you, when the motor broke down, we took it to a mechanic shop. Guess what happened to the mechanic shop? The guy did not give me back the truck for three and a half months. It wasn't our fault.

• 1:10:59Caleb Hammer?

  So you shouldn't have had an emergency fund to pay the employees that three and a half months.

• 1:11:02Speaker 03

  We did.

• 1:11:03Caleb Hammer?

  Then what was the issue?

• 1:11:04Speaker 03

  We spent the money that the emergency fund went out and depleted.

• 1:11:08Caleb Hammer?

  Did you have an emergency fund? Because you've made zero dollars.

• 1:11:11Speaker 03

  I had emergency fund and I paid out of my pocket for my employees.

• 1:11:17Speaker 03

  I paid out of my pocket.

• 1:11:18Speaker 04

  I also paid for the employees. I wired you fifty-ish grand and you used it to pay off the employees.

• 1:11:26Speaker 03

  Yes, we paid off the employees, but we also put twenty thousand dollars down onto the building that we were buying. We also put, we also paid for the wrap that was on the bus.

• 1:11:35Speaker 04

  That.

• 1:11:35Speaker 03

  You know what I'm saying? And then we paid for the van that was coming out to the shop that took too long. That's where all that money went to. That money went structurally to every spot and everything that we needed.

• 1:11:45Caleb Hammer?

  Why were you evicted from the building then?

• 1:11:47Speaker 03

  I didn't get evicted from the building. We left the building by our own choice to save money.

• 1:11:51Caleb Hammer?

  Okay, I don't know. I was just told.

• 1:11:53Speaker 04

  It was seller of refinance and we weren't able to make the monthly payment.

• 1:11:58Speaker 03

  I can make the monthly payment. I was able to make the monthly payment. I did make the monthly payment.

• 1:12:02Speaker 05

  We had the monthly payment. I told him specifically, we're not going to pay another monthly rent because we don't have all of our full employees. We don't have all of our full product. It does not make any sense to pay the rent for the next month if we don't have the things to operate the business with.

• 1:12:17Speaker 03

  So I asked the financial owner, I said, hey, look, you can keep the money that we have and I'll take the loss. We're not having that money back. But give us a couple of months to come out on this business unscathed so we can be able to leave because we can't handle the rent and we can't handle the mortgage.

• 1:12:30Caleb Hammer?

  On the personality side, I've met a lot of people like you. I have family members like you. The reality is, and it has to come down to some pride.

• 1:12:38Speaker 03

  You've never met anybody like me.

• 1:12:39Caleb Hammer?

  I've met a lot of people like you. You're not unique.

• 1:12:41Speaker 03

  There's nobody like me for one, period.

• 1:12:42Caleb Hammer?

  Yeah, of course. Uh huh. Yep. You're totally unique. No one's like you.

• 1:12:45Speaker 03

  Yes, nobody's like me.

• 1:12:47Speaker 04

  Wait, what's the point?

• 1:12:48Caleb Hammer?

  The point is, you have a lot of pride. And for some reason, because of that pride and because like many people like you,

• 1:12:57Caleb Hammer?

  you can never be wrong.

• 1:12:58Speaker 03

  No, I'm always wrong with a lot of things.

• 1:13:00Caleb Hammer?

  Not once in this conversation.

• 1:13:01Speaker 03

  If you can tell me something where I can do now to help my business, I'm willing to listen. But you can't.

• 1:13:06Caleb Hammer?

  But you can never be wrong from anything that happened in the past.

• 1:13:08Speaker 03

  I was wrong for a bunch of things that I've done.

• 1:13:10Caleb Hammer?

  But nothing we've talked about in this conversation.

• 1:13:11Speaker 03

  Because we didn't go to that conversation.

• 1:13:13Caleb Hammer?

  Yeah, we have. We've been here.

• 1:13:15Speaker 03

  No, we have not. It takes more than 55 minutes to sit there and go in the conversation on what I'm wrong for. There was mistakes that I made in this business on things that I was doing.

• 1:13:23Caleb Hammer?

  Hey, not paying the taxes is wrong.

• 1:13:25Speaker 03

  One, I should have stayed.

• 1:13:26Caleb Hammer?

  Shut the [bleep] up on that [bleep]. See, he can't be wrong. He can't be wrong.

• 1:13:30Speaker 03

  You know, it's not about camera. Yo, we're paying taxes and whatever like that. It has, it's just more than paying taxes. We're running a business. We're sitting up there hustling. You all sit there, man, you don't know.

• 1:13:40Caleb Hammer?

  Just because it's a hustle doesn't mean you get to break the law.

• 1:13:43Speaker 03

  It's not breaking a [bleep] law.

• 1:13:44Caleb Hammer?

  To not pay taxes, yes it is.

• 1:13:45Speaker 03

  Yes, breaking the law like that, but I'm saying is that, man, you're, you're taking this up that gave to be right or wrong in a situation.

• 1:13:51Caleb Hammer?

  What? Is this the law? You pay your taxes.

• 1:13:53Speaker 03

  Okay, we're paying the taxes. We're talking about one year.

• 1:13:56Caleb Hammer?

  He's doing off books income.

• 1:13:58Speaker 03

  Okay, yes, I am.

• 1:13:59Caleb Hammer?

  That's illegal. That's wrong. Admit it's wrong.

• 1:14:02Speaker 03

  Yes, it's wrong.

• 1:14:03Caleb Hammer?

  Thank you.

• 1:14:03Speaker 03

  I never said it was right.

• 1:14:04Caleb Hammer?

  You were justifying the [bleep] out of it literally seven minutes ago.

• 1:14:07Speaker 03

  I'm not justifying. The fact is that I'm not paying taxes. I'm saying.

• 1:14:10Caleb Hammer?

  You literally did. Rewind it. Why would you not put it on books?

• 1:14:14Speaker 03

  I don't care if I give a [bleep] about it being illegal. I make my money.

• 1:14:16Caleb Hammer?

  Not paying.

• 1:14:17Speaker 03

  Shut the [bleep] up on that [bleep].

• 1:14:18Caleb Hammer?

  See, he can't be wrong.

• 1:14:19Speaker 03

  Okay, be anyways, like I said, me not paying taxes is me, my hustle for me to be doing what I need to do. And a lot of people are doing it and I'm doing it.

• 1:14:26Caleb Hammer?

  Doesn't make it right.

• 1:14:27Speaker 03

  I don't give a [bleep].

• 1:14:28Caleb Hammer?

  Okay, that's a bad thing.

• 1:14:29Speaker 03

  I don't give a [bleep] either.

• 1:14:30Caleb Hammer?

  So you're a bad person.

• 1:14:31Speaker 03

  Yeah, let me be a bad person. I'm the bad person that's gonna sit there and do it right.

• 1:14:34Caleb Hammer?

  And we should probably put you in jail for tax fraud.

• 1:14:35Speaker 03

  No, nobody's gonna put me in jail for no [bleep] tax fraud. I'm not making enough to be a tax fraud.

• 1:14:39Caleb Hammer?

  Hmm, well, actually, we don't know because you don't put it on the books.

• 1:14:42Speaker 03

  Well, not enough to be a tax fraud. Like I said, I set up there and run my truck when I need to, to make money. When I need to make money, I go make money to be able to run my business.

• 1:14:54Caleb Hammer?

  It's, I need to look at some statements. I don't know what the I'm looking at. This is so much. I just need to, apparently I'll never have enough information to have any context on this business to determine whether or not the business that this guy has put hundreds of thousands of dollars in and made zero cents is successful or not.

• 1:15:11Speaker 03

  I didn't ever, it is mistakes that I made in the business. For one, we should have never, we should have never.

• 1:15:15Caleb Hammer?

  Kevin, I'm sorry.

• 1:15:16Speaker 03

  We should have stayed mobile. That's one of the mistakes we should have done, period.

• 1:15:20Caleb Hammer?

  So Veribank, what is this? What am I looking at? Can someone tell me?

• 1:15:23Speaker 04

  Okay, so there's a total of nine credit cards and Veribank's one of them. We all use the cards for similar reasons, for the smoke shop inventories, for other utility bills. But Veribank, that one's one of the smaller credit card limits.

• 1:15:41Caleb Hammer?

  Are you gonna say I came after you? That's why you're so verbally abrasive?

• 1:15:45Speaker 03

  No, I'm just being stupid.

• 1:15:46Caleb Hammer?

  Because that was your excuse for why you got physically confrontational with people in the past. Where I'm starting to think that you get.

• 1:15:52Speaker 03

  Physically confrontational with people in the past, like who?

• 1:15:54Speaker 04

  Oh, verbal.

• 1:15:56Caleb Hammer?

  Verbal.

• 1:15:56Speaker 03

  I didn't never get verbal.

• 1:15:57Caleb Hammer?

  Apologies.

• 1:15:58Speaker 03

  I didn't never get verbal with anybody, even with the guy he talking about. He answered that question. I never got verbal.

• 1:16:03Caleb Hammer?

  Did he get verbal at all?

• 1:16:05Speaker 04

  Uh, not with my CPA, but with the staff nurse at the clinical trial study.

• 1:16:10Caleb Hammer?

  Yeah.

• 1:16:11Speaker 00

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• 1:16:37Caleb Hammer?

  Okay, well, listen, you owe $3,082.38 with a minimum monthly payment. Oh, there's fees. Minimum payment, $86.61. Why is there fees, Kevin?

• 1:16:47Speaker 04

  Late fees, unpaid fees. I said we have nine credit cards. Three of them have already been canceled or closed.

• 1:16:55Caleb Hammer?

  I'm glad I have you here. You're my quant.

• 1:16:57Speaker 04

  And, um, yeah, you'll see a lot of the credit cards. They all have late fees.

• 1:17:04Caleb Hammer?

  That's not very good.

• 1:17:05Speaker 03

  No, it's not good.

• 1:17:06Caleb Hammer?

  Why are you late?

• 1:17:07Speaker 04

  It's all under my name.

• 1:17:08Speaker 03

  I don't have the money.

• 1:17:08Caleb Hammer?

  But I thought you said you-

• 1:17:09Speaker 03

  You're asking a dumbass question. Why are we late? I don't have the money.

• 1:17:11Caleb Hammer?

  I'm asking a dumbass question because you're dumb. I said you would drive to go make the money to make the payments.

• 1:17:15Speaker 03

  Yeah, I make the payments for a lot of different stuff. There's more than what's a credit card.

• 1:17:19Caleb Hammer?

  Things on the business.

• 1:17:19Speaker 03

  To keep the business running.

• 1:17:21Caleb Hammer?

  So that seems like a dumbass decision.

• 1:17:22Speaker 03

  No, it's not. I'm gonna pay a credit card before I pay the gas to do the party bus.

• 1:17:26Speaker 04

  All me.

• 1:17:27Caleb Hammer?

  Oh, that's very selfish of you. I'm glad when the things that don't directly impact you, you won't go work hard for.

• 1:17:33Speaker 03

  I'm working hard to keep in those credit cards.

• 1:17:35Caleb Hammer?

  Kevin, is he working hard for this?

• 1:17:37Speaker 04

  He tells me he works fifty, sixty hours a week.

• 1:17:41Caleb Hammer?

  I'll get you a course career certification when you're ready to go get a real job.

• 1:17:44Speaker 03

  Sounds good.

• 1:17:46Speaker 04

  He'll, um-

• 1:17:47Caleb Hammer?

  You said no?

• 1:17:48Speaker 04

  Ricky doesn't want to-

• 1:17:50Speaker 05

  Ricky doesn't work for people. He works for himself because he's a boss.

• 1:17:53Caleb Hammer?

  Well, he makes zero dollars. He's not a very good boss.

• 1:17:55Speaker 05

  To you.

• 1:17:56Caleb Hammer?

  Well, to the little numbers on the paper. Also, bosses pay their taxes.

• 1:18:01Speaker 03

  Sounds good.

• 1:18:01Caleb Hammer?

  And keep playing with your Apple Watch.

• 1:18:03Speaker 03

  I'm adamant about this taxes shit.

• 1:18:05Caleb Hammer?

  Yeah, it's a weird thing how that works.

• 1:18:06Speaker 03

  Okay.

• 1:18:07Caleb Hammer?

  I mean, how, how is he a good boss? Wait, didn't he lose all his employees?

• 1:18:11Speaker 04

  About thirty employees.

• 1:18:13Caleb Hammer?

  She's doing the middle school. I'm just gonna ignore the person. Talk to me and play with my Apple Watch.

• 1:18:16Speaker 04

  We had thirty employees, twenty twenty-five, but we lost most of them.

• 1:18:21Caleb Hammer?

  That sounds like a pretty good boss to me. She's staring at the ceiling now. Okay.

• 1:18:26Speaker 03

  We had to lose-

• 1:18:27Caleb Hammer?

  She can't defend it.

• 1:18:27Speaker 03

  We had to lose the employees because we had to take, you know, certain pivots to be able to change the subparts of the business because we wasn't making as much money. So we had to. Some people are still there, but we can't pay them. And a lot of people-

• 1:18:40Speaker 04

  Pay them commission based for most part, not hourly.

• 1:18:43Caleb Hammer?

  Okay, can you guys pause for a second? Pause. Take a breather. I think she needs to calm down. She might need to do a couple of dance routines. Uh, one second. I'll be right back.

• 1:18:53Speaker 04

  Oh.

• 1:18:53Caleb Hammer?

  Mark, are we filming?

• 1:18:54Speaker 04

  Hi there.

• 1:18:55Caleb Hammer?

  Hi, everyone. Come in behind me.

• 1:18:56Speaker 04

  Oh.

• 1:18:57Caleb Hammer?

  Come on in.

• 1:18:58Speaker 04

  Wow, this never happened before.

• 1:18:59Caleb Hammer?

  Just get as tight this way as you can.

• 1:19:03Caleb Hammer?

  Okay. All right, everyone be quiet for a second. Okay, so, here's my employees that are in the office right now, some are on lunch, but that's okay. Here's some of them. Um, employees, uh, if, uh, the business, I was just like, you know what? We're actually gonna just do a quick little, what was the word he used? Change of direction.

• 1:19:21Speaker 04

  A pivot?

• 1:19:22Caleb Hammer?

  A little pivot, and you guys all just lost your jobs. Would I be a good boss? No. Fuck no. Terrible boss. Now, would it be a very good boss activity? No. So how the fuck are you a good boss?

• 1:19:35Caleb Hammer?

  Thank you.

• 1:19:37Caleb Hammer?

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• 1:20:22Caleb Hammer?

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• 1:21:08Caleb Hammer?

  How the can you say you're a good boss? How could the stripper that needs to go get air? Because the stressful conversation of being off camera and having someone push back on her once in her life for the first time ever,

• 1:21:20Caleb Hammer?

  say you're a good boss?

• 1:21:22Speaker 03

  Because I am a good boss.

• 1:21:23Caleb Hammer?

  Okay, very good. He stands on it. That's insane.

• 1:21:28Caleb Hammer?

  They all lost their jobs. You know what I do to take care of these people? The shit we do, I don't even, I'm sure not everyone has the best opinion of me, you know, the bosses, who knows? You know, all that good stuff, but it doesn't matter. The sacrifice shit. The absolute investment we do into this business is crazy.

• 1:21:45Speaker 03

  And I did the same thing for my employees.

• 1:21:47Caleb Hammer?

  And they're all gone.

• 1:21:48Speaker 03

  And I guarantee you they'll come back.

• 1:21:50Caleb Hammer?

  Kevin?

• 1:21:53Speaker 04

  They're young, they're, things can change for the better or.

• 1:21:58Speaker 03

  I never had a bad employee that never came. You can, if we were to make, call them right now, they'd be like, yo, Rick's a good guy.

• 1:22:05Caleb Hammer?

  I'm not saying a bad guy, bad guy's different.

• 1:22:07Speaker 03

  They'll say he is great, he's a great boss. I don't have, I don't have any.

• 1:22:11Speaker 04

  I don't know, sometimes you call the employees where you at? And they're not on time, they don't count the money's right.

• 1:22:17Speaker 03

  Bad boss.

• 1:22:18Caleb Hammer?

  Yeah, it does, it's a bad leader.

• 1:22:19Speaker 03

  What, for them not being on time?

• 1:22:21Caleb Hammer?

  Yes.

• 1:22:21Speaker 03

  Okay.

• 1:22:22Caleb Hammer?

  Well, yeah, if they're repeatedly not on time, they wouldn't work there anymore.

• 1:22:27Caleb Hammer?

  That's basic. That's actually very basic. They do that at McDonald's.

• 1:22:33Speaker 03

  And then that's what happens with, with most of the employees that don't come in. They, they get recommended when, when it comes to.

• 1:22:38Caleb Hammer?

  They get recommended? That's good.

• 1:22:40Speaker 04

  Every time I visit the shop, it's always a new face I'd never seen before. It's never the same employees. Well, there's one or two here and there, but most of the time I'd never seen them. I'd never interview them or that mattered. Not that I would care, but.

• 1:22:54Caleb Hammer?

  Do you feel like you took advantage of this man? Cause he's a sweet, handsome Asian twink. I feel like he was just taken advantage of. And I even did a racist accent of him in the beginning and that was very offensive because now I feel bad for him.

• 1:23:06Speaker 03

  Taken advantage of, no.

• 1:23:08Caleb Hammer?

  Really?

• 1:23:09Speaker 03

  No.

• 1:23:09Caleb Hammer?

  Because all these credit cards are on him. You'll go work to pay your bills, but you won't work to pay the credit cards.

• 1:23:14Speaker 03

  When you say pay my bills, the bills that I'm paying are for the business for me to keep it running.

• 1:23:18Caleb Hammer?

  But not the credit cards of the business.

• 1:23:20Speaker 03

  Okay.

• 1:23:20Caleb Hammer?

  Not the minimum monthly payments.

• 1:23:21Speaker 03

  I have to pay for the business to keep alive for us to be able to pay the credit cards.

• 1:23:27Caleb Hammer?

  But it's eighty-six dollars.

• 1:23:28Speaker 03

  What, eighty-six dollars for what?

• 1:23:30Caleb Hammer?

  It was the monthly payment on the Vera Bank. Eighty-six dollars?

• 1:23:33Speaker 03

  We wasn't missing any payments. Like I told you before, hold on, listen, listen, listen. The thing is, you missed in this whole conversation and all those things before.

• 1:23:40Caleb Hammer?

  That's right. I apologize. I've missed everything.

• 1:23:43Speaker 03

  He, we were making, I never missed a payment before. He put all the credit, listen what I'm telling you. He put all the credit cards in one day.

• 1:23:52Speaker 04

  It's hard to keep track of nine credit cards spread out throughout the month.

• 1:23:55Speaker 03

  He put them all in one day.

• 1:23:56Speaker 04

  I told you in advance.

• 1:23:57Speaker 03

  So it wasn't just eighty-six dollars.

• 1:23:59Speaker 04

  And you were fine with it.

• 1:24:00Speaker 03

  It was nine hundred, maybe fifteen hundred, twenty-seven hundred dollars that was coming out the account at one time.

• 1:24:05Caleb Hammer?

  Okay, American Express, the minimum was paid on this.

• 1:24:09Speaker 03

  Yes.

• 1:24:09Caleb Hammer?

  Was not on Vera Bank, but was paid on this. It is three thousand, six hundred, twenty-one dollars and fifty cents. Minimum payment, one seventy-eight.

• 1:24:16Speaker 03

  Like I said, they all got moved on one day. When they were spreading around during the month, we made them fine. When they got moved on one day.

• 1:24:23Caleb Hammer?

  But the Vera...

• 1:24:27Caleb Hammer?

  Okay, maybe, maybe, potentially.

• 1:24:30Speaker 03

  They were, they were paying fine. We didn't never miss any payments.

• 1:24:33Caleb Hammer?

  Okay, is that true? Because that's your credit. Is that true?

• 1:24:36Speaker 04

  Uh, uh, my credit score has changed a lot.

• 1:24:40Caleb Hammer?

  Oh, that's interesting.

• 1:24:41Speaker 03

  About the payments not being made. The payments were being made for years. We never missed a payment.

• 1:24:46Caleb Hammer?

  Well, by the way, spoiler, I brought in all my employees that were here and I asked if I made a change in the business and they all lost their job if I would still be a good boss. They said no, so he would actually not be a good boss, but you said he was a good boss and that's incorrect.

• 1:24:56Speaker 05

  He's not their boss, so.

• 1:24:58Caleb Hammer?

  What? He's not their boss, she said?

• 1:25:01Speaker 05

  So that way it pertains to him. I don't really care for their opinions. That's, they're opinionating on you, not him.

• 1:25:07Caleb Hammer?

  Opinionating on me?

• 1:25:08Speaker 05

  Yeah.

• 1:25:09Caleb Hammer?

  Wow. I've never been opinionated on.

• 1:25:12Speaker 05

  Yeah.

• 1:25:13Caleb Hammer?

  Sounds messy.

• 1:25:14Speaker 03

  Like I said, uh, when the credit cards got-

• 1:25:16Caleb Hammer?

  Logic was that? That's the most insane shit I've ever heard in my life.

• 1:25:19Speaker 03

  When the cards got moved, that's when the problem happened. When the dates of the credit cards got moved, that's when the payments first got missed. It continuously gets missed.

• 1:25:30Caleb Hammer?

  You said that already. I got you. I got you on that, buddy. I got you. Okay, blue business. Why is this the same card or is this a different-

• 1:25:36Speaker 04

  We have three American blue business cards.

• 1:25:38Caleb Hammer?

  Oh, my death. Okay, on here, $2,091.83 minimum monthly payment, 127.

• 1:25:48Caleb Hammer?

  Interest, no fees, new charges, we're spending, what are we charging on? Square paid services, that makes sense. We're not paying for that anymore now, though, right?

• 1:25:55Speaker 03

  No.

• 1:25:56Caleb Hammer?

  Good. Yes, please cancel that. Interest is accruing, of course. These balances are substantial. Yeah, I mean, I'm sure it's like the credit usage that is destroying your credit. Okay, here's the, the third blue. Okay. Okay, I mean, this is $24,004.405.31 with a minimum monthly payment of $2,704.

• 1:26:27Caleb Hammer?

  Plus fees.

• 1:26:30Caleb Hammer?

  Okay, he's missed every month this year so far.

• 1:26:34Caleb Hammer?

  I thought we were only late one time because they moved things around? It just turns out when we get to the big balance, you're just not paying it.

• 1:26:39Speaker 03

  No.

• 1:26:40Caleb Hammer?

  Oh?

• 1:26:40Speaker 03

  That's when it got, when the payment got missed is because he moved them all in one day.

• 1:26:47Caleb Hammer?

  Okay, but so he's done that every month this year?

• 1:26:49Speaker 03

  Before that, we were making all the payments.

• 1:26:51Caleb Hammer?

  So every month this year, he's done that?

• 1:26:54Speaker 03

  No, I'm saying they-

• 1:26:55Caleb Hammer?

  You've missed every month this year?

• 1:26:56Speaker 03

  Listen, when they got moved, they were moved permanently-

• 1:26:59Caleb Hammer?

  I got that.

• 1:26:59Speaker 03

  To that one day.

• 1:27:00Caleb Hammer?

  Why didn't you then address that after the first miss?

• 1:27:04Speaker 03

  I did address it. He was no change.

• 1:27:05Caleb Hammer?

  Why is it missed every month this year?

• 1:27:07Speaker 03

  Because we can't pay it.

• 1:27:09Caleb Hammer?

  Well, that's the real answer. Thank you.

• 1:27:11Speaker 03

  Well, I'm saying we can't pay a big lump sum of payment like that.

• 1:27:13Caleb Hammer?

  That's the actual answer. Why'd you tell me it's because he moved the date? No, you just couldn't pay this.

• 1:27:18Speaker 03

  No, you're not listening. The thing is, we moved the date. We already had these credit cards for years. We had the credit cards for years. I never missed a payment.

• 1:27:26Caleb Hammer?

  Okay, no one's debating that.

• 1:27:27Speaker 03

  I'm saying, after he moved it, that's when it changed.

• 1:27:31Caleb Hammer?

  When did he move it?

• 1:27:32Speaker 03

  What is it, three, four months? What the first payment we missed?

• 1:27:35Caleb Hammer?

  No, no, no. When did he move it?

• 1:27:37Speaker 03

  I don't remember.

• 1:27:37Caleb Hammer?

  When did you move it?

• 1:27:38Speaker 04

  Um, I can't get the exact date.

• 1:27:42Caleb Hammer?

  Around?

• 1:27:43Speaker 04

  Three, three, four months?

• 1:27:44Caleb Hammer?

  Okay, three, four months ago. So we're talking March? And why was it missed in January, February, March, April, May?

• 1:27:50Speaker 03

  We didn't miss anything there.

• 1:27:52Caleb Hammer?

  It's buddy, it's been enough late fees to be every month this year so far.

• 1:27:55Speaker 03

  We probably got late fees, but it was paid.

• 1:27:59Caleb Hammer?

  Okay, but you were late.

• 1:28:01Speaker 03

  Okay, late, but was paid.

• 1:28:03Caleb Hammer?

  I don't see his credit report, so I can't say a hundred percent, but I mean, it's insane. It's gonna be thousands by the end of the year.

• 1:28:08Speaker 03

  We've still paid it.

• 1:28:10Caleb Hammer?

  And fees.

• 1:28:10Speaker 03

  I didn't never miss, I'm, I never missed a payment. I didn't never say it was late. I didn't never miss a payment. I made all the payments that were paid.

• 1:28:18Caleb Hammer?

  Okay, so W.

• 1:28:21Speaker 04

  Oh, that's a car note.

• 1:28:23Caleb Hammer?

  For the business?

• 1:28:24Speaker 03

  For the, yes.

• 1:28:25Speaker 04

  The car that got repossessed.

• 1:28:26Speaker 03

  The Sprinter R. That we spent too much money on.

• 1:28:30Caleb Hammer?

  Do you have any son Altma? Do you have any son Altma?

• 1:28:33Speaker 05

  No.

• 1:28:33Caleb Hammer?

  Just making sure. What do you drive?

• 1:28:36Speaker 03

  Uh, I, I mean, I don't have a personal vehicle.

• 1:28:40Caleb Hammer?

  Camry?

• 1:28:41Speaker 04

  Used to.

• 1:28:42Caleb Hammer?

  What do you drive?

• 1:28:43Speaker 05

  Dodge.

• 1:28:44Caleb Hammer?

  Uh, Charger?

• 1:28:46Speaker 05

  No.

• 1:28:47Speaker 03

  Horny.

• 1:28:48Caleb Hammer?

  Oh.

• 1:28:49Speaker 04

  Yeah, am I missing something here?

• 1:28:50Speaker 03

  I don't know.

• 1:28:51Speaker 04

  Oh.

• 1:28:52Caleb Hammer?

  Racism.

• 1:28:53Speaker 04

  Oh.

• 1:28:55Caleb Hammer?

  Oh, looks like a nice SUV. Okay, um. So I mean, you only owe, oh, you only owe a thousand six hundred eighty-three to get off a credit. Whose credit is it on?

• 1:29:07Speaker 04

  Mine.

• 1:29:07Caleb Hammer?

  Always you, huh?

• 1:29:08Speaker 04

  It's always me.

• 1:29:08Caleb Hammer?

  That sucks.

• 1:29:09Speaker 04

  Yeah.

• 1:29:10Caleb Hammer?

  I wish any of the burden fell on your business partner.

• 1:29:16Caleb Hammer?

  That, that doesn't seem fair, does it?

• 1:29:18Speaker 03

  I have nothing to say about that right now.

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• 1:29:47Speaker 03

  The thing about this, I mean, there's a bunch I can't say about it. It's just that the fact is that if I had the credit to do it, I would, I would be the same thing. It was a couple of things that happened with me on my credit that, that, that had a problem.

• 1:29:59Speaker 04

  He has a bankruptcy on it.

• 1:30:01Caleb Hammer?

  That's not very good.

• 1:30:02Speaker 03

  Yeah. And that's what main thing is.

• 1:30:04Caleb Hammer?

  Watch you declare bankrupt because.

• 1:30:06Speaker 03

  So my, uh, like I told you, I had 18 acres of a house that I had. And when I was getting out of from the property, you know, saying I can declare bankruptcy because the fact is I wanted him to stop because I needed more time to sell to this other company. So I declared it. I didn't file. I filed it, but I never went through it. I kind of just filed it and, uh, I went, I went and sold the property after that. I just wanted to stop them from what they were doing before I could be able to sell the property.

• 1:30:32Caleb Hammer?

  Bank of America.

• 1:30:33Speaker 04

  That's the main business checking account.

• 1:30:35Caleb Hammer?

  Five hundred eleven dollars. What would the, you can't, hey, just objectively, not a good boss, not an owner. If your, if your bank account balance is negative for the business. Okay. She finally agreed to something.

• 1:30:46Speaker 03

  Yeah.

• 1:30:47Caleb Hammer?

  Right? Okay. She agrees with this. She thinks you're a bad boss. Finally she agrees with it.

• 1:30:52Speaker 03

  Okay.

• 1:30:53Caleb Hammer?

  Uh, uh, this is objective. This is a number. This is an opinion. This is a number. You are not a good business owner if your bank account balance is negative.

• 1:31:03Caleb Hammer?

  Thank you. Sick. We're zelling our money. So who are we zelling?

• 1:31:09Speaker 04

  Um, that goes to, what's that? Arcadia? Arcadia? Where you get your inventory?

• 1:31:13Speaker 03

  Oh, yeah, yeah, yeah.

• 1:31:14Caleb Hammer?

  Okay. So inventory merchants, merchants. I will say at least it's, I mean, business ship Verizon two, two hundred six payments.

• 1:31:23Speaker 03

  Verizon is our internet.

• 1:31:24Caleb Hammer?

  No, I got that, but two, two hundred six. We were probably past two in the previous month, huh?

• 1:31:28Speaker 04

  Um, I don't.

• 1:31:30Speaker 03

  I don't think so.

• 1:31:31Speaker 04

  I don't know why is that, is that?

• 1:31:33Speaker 03

  I don't know why I say that.

• 1:31:34Caleb Hammer?

  Of course, we're getting overdraft like crazy. Um, then Amazon, Amazon, you know, Walmart and Spectrum Mobile.

• 1:31:40Speaker 04

  I'm pretty sure we had like over thirty overdrafts.

• 1:31:42Caleb Hammer?

  Oh, yeah.

• 1:31:43Speaker 04

  Yeah.

• 1:31:44Caleb Hammer?

  Oh, it's not good. FNBO. What's this?

• 1:31:47Speaker 04

  That's another credit card company.

• 1:31:48Caleb Hammer?

  Oh, it's gone up. That's great. Because fees and interest.

• 1:31:50Speaker 04

  That one is, that one is closed along with the three American Express cards because that one was because I spoke with the representative. It was closed because.

• 1:31:59Caleb Hammer?

  Glad you closed it so they can't spend on it. That's smart.

• 1:32:01Speaker 04

  Someone swiped it and then it just paid the business themselves.

• 1:32:06Caleb Hammer?

  Yep. No, you should close every access to the debt that is under your name for the business. Time to learn the biggest lesson of your life? I, okay, I have some advice. Kevin should walk away. How do you feel about that?

• 1:32:21Speaker 03

  Doesn't bother me.

• 1:32:23Caleb Hammer?

  Oh.

• 1:32:25Speaker 04

  Wow.

• 1:32:26Caleb Hammer?

  How does that feel, Kevin? Walk me through it, buddy.

• 1:32:28Speaker 04

  Um, it doesn't bother you?

• 1:32:31Speaker 03

  I mean, I, there's two things, my life is, is ran in a certain way. You know, there's two things in life you can never do.

• 1:32:38Speaker 04

  I spent hundreds of thousands of dollars and I have 50% equity. And you, and if I walk away, you think this is, this is okay? You go scot-free. You stole my money and ruined my credit score.

• 1:32:49Speaker 03

  I didn't steal your money for one. As far as in.

• 1:32:52Speaker 04

  You persuade, you begged me, I, to wire you 50 grand to pay for the employees and the car rap.

• 1:32:57Speaker 03

  I didn't beg you to do nothing. I didn't beg you to do anything.

• 1:33:00Speaker 04

  Are you gonna beg your stepfather? Or not stepfather, father-in-law? From, from inventory?

• 1:33:06Speaker 03

  I'm not gonna beg anybody and ask anybody for no money towards nothing. I told you what the problem was and what was going on with the business. And you elevated to be able to put into the business. And I said, okay, thank you. Appreciate it. I really need that. This is gonna help out with the business. Far as in me begging, I've never begged anybody.

• 1:33:23Speaker 04

  I counted 10 times I gave you money.

• 1:33:26Speaker 03

  Just because you, you gave me money?

• 1:33:28Speaker 04

  Because you asked for it.

• 1:33:29Speaker 03

  I, no, I, okay.

• 1:33:33Caleb Hammer?

  The, the word beg hurts his pride for some reason. He has full main character syndrome in life.

• 1:33:38Speaker 03

  Yeah, I have full main character syndrome in my life.

• 1:33:40Caleb Hammer?

  Yeah, that's a little.

• 1:33:41Speaker 03

  No, it's not.

• 1:33:42Caleb Hammer?

  Yeah, it is. None of us, we're just, we're just beings that exist.

• 1:33:44Speaker 04

  Also, um. How much was that wedding ring?

• 1:33:51Speaker 03

  Why?

• 1:33:51Speaker 05

  Why?

• 1:33:52Speaker 04

  Because it's right after I gave you the money.

• 1:33:55Speaker 03

  No.

• 1:33:56Speaker 04

  And you had the cruise trip and you have the wedding plan.

• 1:33:59Speaker 05

  Was free. But our personal things that I have any, our personal things that we do never come from the business money.

• 1:34:07Caleb Hammer?

  It kinda does, because everything goes through your cash app.

• 1:34:09Speaker 05

  Please do not insinuate that.

• 1:34:10Caleb Hammer?

  Well, I'm gonna insinuate it, because everything goes through your personal cash app.

• 1:34:13Speaker 03

  I'm gonna get them straight right now.

• 1:34:14Speaker 05

  Everything does not go through my personal cash app.

• 1:34:16Speaker 03

  I have never spent anything personally. Of nothing with the business personally, ever.

• 1:34:21Caleb Hammer?

  No offense, but you're not the most reliable person since you literally.

• 1:34:24Speaker 03

  You say, man, the thing is, I ain't never.

• 1:34:25Caleb Hammer?

  Well, you should because millions of people are listening.

• 1:34:28Speaker 03

  I've never, I've never sat up there and spent nothing personal.

• 1:34:30Caleb Hammer?

  Yeah, but you take every, but you literally pay yourself under the table. Like, you're not a reliable source of information for what you do with your money.

• 1:34:36Speaker 03

  I pay myself under the table because I use my tow truck to be able to run my own business.

• 1:34:39Caleb Hammer?

  With how you do it, yes.

• 1:34:40Speaker 03

  Because I didn't pay taxes on my tow truck to be able to get some money.

• 1:34:44Caleb Hammer?

  You're not a reliable person. Well, your morals are questionable.

• 1:34:46Speaker 03

  My morals are questionable because I utilize my tow truck to make money.

• 1:34:49Caleb Hammer?

  Because you break the law. Yes.

• 1:34:50Speaker 03

  Because I didn't pay taxes on my tow truck.

• 1:34:51Caleb Hammer?

  Because you chose, yes, you choose to break the law.

• 1:34:52Speaker 03

  You sound like an idiot. That's what you sound like.

• 1:34:54Caleb Hammer?

  An idiot? No, I sound like a law-abiding citizen who.

• 1:34:55Speaker 03

  No, because, no, because you sound like, you, you, you sound like.

• 1:34:58Caleb Hammer?

  Because of.

• 1:34:59Speaker 03

  No, you're studi patuti on some things that that.

• 1:35:01Caleb Hammer?

  Studi patuti? I follow the law. If everyone followed the law like me, guess what? Things wouldn't be behind plastic things at Walgreens.

• 1:35:08Speaker 03

  And that's why this country isn't what it is right now. And that's why things are a way it is right now.

• 1:35:11Caleb Hammer?

  Because people like you who don't follow the law?

• 1:35:13Speaker 03

  Because the fact is that. You, you just said some things. If everybody did this, nobody does that. Nobody does that. No.

• 1:35:19Caleb Hammer?

  Do you guys follow the law? Big law followers here, big fans of the law.

• 1:35:23Speaker 03

  The being, you're, you're being biased when it comes to the law.

• 1:35:26Caleb Hammer?

  Biased for following the law?

• 1:35:28Speaker 03

  What, the thing is, nobody's going out and murder or steal nothing but for nobody, nobody, period. Now, when it comes, now, when it comes to sit up here and going to go buy something or anything like that, or going to go work for something, or go do something like that, there's hundreds of thousands of people that go work off books. Hundreds of thousands. Half of America works off books to big money.

• 1:35:44Caleb Hammer?

  Funny, because people do [BLEEP] doesn't mean I think [BLEEP].

• 1:35:47Speaker 03

  Man, bro, you're breaking in [BLEEP] with working off books. It's not the [BLEEP] same thing. Just because, like, this is because it's breaking the law in one way, and this way is not the same thing.

• 1:35:56Caleb Hammer?

  But your example is.

• 1:35:57Speaker 03

  You're talking about breaking the law between smoking [BLEEP] and between breaking the law and working and working off books. That shit sounds stupid. And you want to get fused to sound stupid. That shit don't even mix.

• 1:36:06Caleb Hammer?

  Being louder doesn't make you right.

• 1:36:08Speaker 03

  That shit don't mix.

• 1:36:09Caleb Hammer?

  Being louder doesn't make you right.

• 1:36:10Speaker 03

  Now you want to get quiet, and you were the one being up and rattling at first when you say stupid shit.

• 1:36:14Caleb Hammer?

  Okay, it can be loud if you want.

• 1:36:16Speaker 03

  That shit don't even sound right, bro. That shit don't even, that don't even mix. Smoking [BLEEP] and working off books are not the same thing.

• 1:36:23Caleb Hammer?

  Apples and oranges, it's not a hundred percent. You're right. But if you're going to use the example because other people do bad things, I can too.

• 1:36:30Speaker 03

  Bro, that doesn't-

• 1:36:31Caleb Hammer?

  Okay, he doesn't get it. I get, doesn't-

• 1:36:34Speaker 03

  No, because it's stupid. And that's why you're stuttering right now, because it's a dumbass answer.

• 1:36:38Caleb Hammer?

  Am I stuttering?

• 1:36:38Speaker 03

  Come on, bro, you just stuttered.

• 1:36:40Caleb Hammer?

  Huh?

• 1:36:41Speaker 03

  Oh my god, huh? You can, oh, you can hear.

• 1:36:43Caleb Hammer?

  I don't remember stuttering. Maybe I did, I don't, maybe I don't hear my own stutter, that's okay. But just because other people do it, doesn't mean it's good.

• 1:36:50Speaker 03

  Okay, I didn't never say it was good.

• 1:36:52Caleb Hammer?

  That was the example you were doing. You said hundreds of thousands of people do it.

• 1:36:54Speaker 03

  You're labeling, smoking, and having heroin.

• 1:36:56Caleb Hammer?

  Injecting.

• 1:36:57Speaker 03

  So, working off books.

• 1:37:00Speaker 03

  That's not the same thing.

• 1:37:02Speaker 04

  I think we're getting sidetracked.

• 1:37:04Speaker 03

  He's making it sidetrack.

• 1:37:06Speaker 04

  Anyways, can we continue with the statements?

• 1:37:09Caleb Hammer?

  Yes.

• 1:37:12Caleb Hammer?

  Your example is weird, buddy. I don't know why you sat here and defended working off books because hundreds of thousands of people do it. That's insane.

• 1:37:21Speaker 03

  Bro, here you go again on the same thing and the same stuff. And whatsoever like that.

• 1:37:25Caleb Hammer?

  Put away the [bleep] thing.

• 1:37:26Speaker 03

  You the one mentioned it. How you gonna say put away the heroin thing when you said-

• 1:37:29Caleb Hammer?

  Because it's making you very upset.

• 1:37:31Speaker 03

  You opened the door for the shit.

• 1:37:32Caleb Hammer?

  Because it's making you very upset, so I'm saying put it away.

• 1:37:33Speaker 03

  Because you opened the door for dumb shit, and I don't like dumb shit when people say things.

• 1:37:36Caleb Hammer?

  Let's close the door, buddy. That door upsets you, let's close it. Okay, door's closed, you're not scared anymore, okay?

• 1:37:42Speaker 03

  I'm not scared.

• 1:37:43Caleb Hammer?

  Okay, door's closed.

• 1:37:44Speaker 03

  It's just you saying something that don't make sense.

• 1:37:46Caleb Hammer?

  The door's closed, calm down, calm down. The door's closed. Okay, no more [bleep]. Door's closed. Hey, hope, close the home, I get it. Door's closed. Okay. You saying just because other hundreds of thousands of people do it, does not mean it's okay.

• 1:38:01Caleb Hammer?

  That's a basic... Society exists because we choose to do good. Because we choose to be decent people. And not break the law.

• 1:38:10Speaker 03

  Here you go with the law thing.

• 1:38:11Caleb Hammer?

  Oh, okay, yeah.

• 1:38:12Speaker 03

  You're still going with the same shit.

• 1:38:14Caleb Hammer?

  Why don't you care about the law?

• 1:38:15Speaker 03

  You're still going with the same shit.

• 1:38:17Caleb Hammer?

  Why don't you care about the law?

• 1:38:18Speaker 03

  It's the basis of the law, period.

• 1:38:20Caleb Hammer?

  Yes, why don't you care about it?

• 1:38:23Speaker 03

  You know what, why, you know what, just because you never broke the law? And just because you're, you're, I'm glad, I'm glad you're perfect in your life.

• 1:38:29Caleb Hammer?

  No, I'm J. Walk.

• 1:38:30Speaker 03

  I'm glad, I'm glad you never broke the law. I'm glad you never did anything. I'm sorry, but.

• 1:38:34Caleb Hammer?

  Why would I do things that hurt society?

• 1:38:36Speaker 03

  I'm sorry. You know, a lot of people do things that hurt society. I'm sorry, I'm, I'm, I'm.

• 1:38:39Caleb Hammer?

  So that makes it okay?

• 1:38:40Speaker 03

  You know what? You're perfect in life.

• 1:38:42Caleb Hammer?

  No, I didn't say that.

• 1:38:43Speaker 03

  You, you, you're evidently, you are.

• 1:38:45Caleb Hammer?

  But I don't defend doing bad things.

• 1:38:47Speaker 03

  I'm not defending. I had to do what I need to do.

• 1:38:49Caleb Hammer?

  That's defending it.

• 1:38:51Speaker 03

  Okay, I'm glad you're perfect. And you maybe you need to teach me how to be perfect like you.

• 1:38:55Caleb Hammer?

  Okay, don't break the law.

• 1:38:56Speaker 03

  Okay.

• 1:38:57Caleb Hammer?

  Did you learn a lesson?

• 1:38:58Speaker 03

  No, because that was stupid.

• 1:38:59Caleb Hammer?

  I just taught you how to not break the law.

• 1:39:01Speaker 03

  No, I'm talking about making money.

• 1:39:03Caleb Hammer?

  If it wasn't for people that made excuses for breaking the law, we'd have safe cities. I wouldn't need to call the person at the front desk to get a toothbrush.

• 1:39:12Speaker 03

  How do we make the money to be able to get where you need to go to?

• 1:39:15Caleb Hammer?

  Get a job.

• 1:39:16Speaker 03

  Okay.

• 1:39:17Caleb Hammer?

  But you can't work for anyone and I'm not surprised. Look how you behave when you're just sitting in front of a camera.

• 1:39:22Speaker 03

  Okay.

• 1:39:23Caleb Hammer?

  I'm not surprised you said you can't get a job. I don't think you'd last there very long, would you?

• 1:39:26Speaker 05

  When did I say that?

• 1:39:27Caleb Hammer?

  You just said he has to be his own boss.

• 1:39:29Speaker 05

  I never said he acts. I said he is.

• 1:39:32Caleb Hammer?

  So he ain't gonna work for nobody. It's kind of a southern accent because I didn't want to do a black one.

• 1:39:36Speaker 05

  I am.

• 1:39:36Caleb Hammer?

  I'd be racist.

• 1:39:38Speaker 03

  Brother, you have a lot of subjective things about life.

• 1:39:42Caleb Hammer?

  Septic things about life?

• 1:39:44Speaker 03

  Bro, you can't understand the shit I'm saying or whatever.

• 1:39:46Caleb Hammer?

  Yes, when you mumble, that's correct.

• 1:39:47Speaker 03

  Okay. Like I said, you have a lot of things that you think about life that are not right. And you know what I'm saying?

• 1:39:53Caleb Hammer?

  Following the law?

• 1:39:54Speaker 03

  What I'm saying is that what's.

• 1:39:55Caleb Hammer?

  This is your business partner, Kevin.

• 1:39:57Speaker 03

  Really happening in life, period. I'm glad you're perfect and things are going right.

• 1:40:02Caleb Hammer?

  He doesn't care if he gets audited by the IRS.

• 1:40:04Speaker 04

  And he says he's okay if I'm, it doesn't bother him if I walk away.

• 1:40:07Caleb Hammer?

  It doesn't, which I think is fair enough when I'm the onboarding conversation.

• 1:40:10Speaker 03

  I can't change people that want to walk away.

• 1:40:13Caleb Hammer?

  And he can't change you. That's why he called you a fraud in the pre-interview. And he's right.

• 1:40:17Speaker 03

  There's nothing fraud about me.

• 1:40:19Caleb Hammer?

  He called you a fraud. I'm calling you a fraud. The audience will call you a fraud.

• 1:40:23Speaker 03

  Call me a fraud because the fact is I'm going to continue doing what I need to do.

• 1:40:27Caleb Hammer?

  Why she's with you, I don't know.

• 1:40:28Speaker 03

  Because everybody know that I'm not a fraud.

• 1:40:30Caleb Hammer?

  Okay, everybody except for literally anyone.

• 1:40:31Speaker 03

  All my employees are still there with me and whatsoever like that. I'm probably, they probably got all the jobs and stuff like that.

• 1:40:37Caleb Hammer?

  Except for them not working with you because they don't have a place to live.

• 1:40:40Speaker 03

  I don't have the money to be able to pay them. I have a, a, a big support team when it comes to my company, it comes to me, it comes to everything that we're doing. I have a big support, big, big support.

• 1:40:50Caleb Hammer?

  This is true.

• 1:40:53Speaker 04

  I can't verify that.

• 1:40:55Caleb Hammer?

  Yeah, I don't think anything he says will ever be able to be verified. Mostly because it's off books.

• 1:41:02Caleb Hammer?

  Okay. Yeah, there's a light fee on that. You're reliable. Truist, what's going on?

• 1:41:07Speaker 04

  That's another bigger credit card balance that was used for.

• 1:41:11Caleb Hammer?

  Let me guess, whose credit is it on?

• 1:41:13Speaker 04

  All of them are undermined.

• 1:41:14Caleb Hammer?

  That's interesting.

• 1:41:15Speaker 04

  Yeah.

• 1:41:16Speaker 03

  That's something we already told you already, though.

• 1:41:18Caleb Hammer?

  Yeah, yeah, yeah. I'm, you know, doing a show right now.

• 1:41:22Caleb Hammer?

  I'm like keeping people up with what's going on and how you're a bad person.

• 1:41:25Speaker 03

  I'm a bad person.

• 1:41:26Caleb Hammer?

  You put all the responsibility and consequences on him and you have, you're not gonna have to deal with anything.

• 1:41:30Speaker 03

  No, that's not the way it's supposed to win.

• 1:41:32Caleb Hammer?

  That's not what it's supposed to win?

• 1:41:34Speaker 03

  That is not the way it's supposed to win. The way everything is going is not.

• 1:41:38Caleb Hammer?

  He's like speaking your native language.

• 1:41:40Speaker 04

  Like what?

• 1:41:40Caleb Hammer?

  What's he saying?

• 1:41:42Speaker 03

  That is not the way it, it is, oh my gosh, bro.

• 1:41:46Speaker 04

  Do you need water?

• 1:41:48Speaker 03

  I'm good. That is not the way everything is supposed to be like, all that stuff that you're writing down.

• 1:41:54Caleb Hammer?

  Why is it?

• 1:41:55Speaker 03

  Because we supposed to pay all that off. Like I said, we supposed to pay it off with the SBA loan.

• 1:42:00Caleb Hammer?

  Guys, those.

• 1:42:01Speaker 03

  We did not, we, we did not get the SBA loan because we didn't know nothing about them not being able to loan to a.

• 1:42:10Caleb Hammer?

  Interest late fees. No one's surprised. Make of America, what's going on?

• 1:42:14Speaker 04

  Um, that's another credit card.

• 1:42:17Caleb Hammer?

  Should I trigger him real quick? Whose credit is it on?

• 1:42:21Speaker 04

  That is undermined.

• 1:42:22Caleb Hammer?

  What? That's crazy. I've been giving you guys lots of insults, so let me give you a compliment. All three of you are very attractive individuals. Congratulations. Good genes. Well done. Okay, she's stuck on the Apple Watch thing. That's kind of her. Is that what you use to distract her? Now she's starting to misbehave.

• 1:42:42Speaker 03

  We're still running things. We have to keep running them.

• 1:42:45Caleb Hammer?

  On an Apple Watch? That makes sense with how these books look.

• 1:42:51Caleb Hammer?

  Ten thousand dollars, seventy one dollars, fifty two cents. Minimum monthly payment, one thousand seven hundred fifty dollars, sixty two cents. Late fees, interest, no one's surprised. It's a disaster. It's a I gotta go on someone else's podcast. Uh oh, we've been filming a long time.

• 1:43:12Caleb Hammer?

  I mean, I don't think we're gonna solve anything here for just being, if we're being completely real. Inc., two thousand dollars, a hundred eighty-three minimum, late fees, interest, Inc., eighteen thousand nine hundred thirty-six dollars. Interest, late fees, no one's surprised. Bank of America, hey, at least there's not a negative balance on here, even though the balance certainly went down. Oh, actually, return, post a check, I return, post a check, return, post a

• 1:43:38Speaker 04

  Yeah, those are the most recent transactions.

• 1:43:39Caleb Hammer?

  Oh, that's wonderful. Why, why are we purchasing Timu? On our business?

• 1:43:46Speaker 04

  Ricky likes to purchase things on Timu, Amazon for work-related. I don't know what they are, but

• 1:43:52Speaker 03

  They were stickers for the business.

• 1:43:54Speaker 04

  It, it ranges from anything. It could be stickers. It could be baggies.

• 1:43:57Caleb Hammer?

  HEB, the grocery store?

• 1:43:59Speaker 03

  You say what? We own a food truck.

• 1:44:02Caleb Hammer?

  Okay. What food do you cook?

• 1:44:04Speaker 03

  Alligator tacos.

• 1:44:05Speaker 04

  That's the most popular one.

• 1:44:08Caleb Hammer?

  My alligator, man. Honestly, it's like the worst meat I've ever had. I'll be honest. But the tacos taste good because at least you cover it in a lot of Cezanne shit, but alligators is like, it's like the most mid-food.

• 1:44:18Speaker 04

  You should try it.

• 1:44:19Speaker 03

  It's, it's pretty good.

• 1:44:20Caleb Hammer?

  I'll try it. You cook it?

• 1:44:21Speaker 03

  Yeah.

• 1:44:22Caleb Hammer?

  But after, after filming this, I don't know if I trust what you're gonna serve me, but

• 1:44:30Caleb Hammer?

  I bet, I bet, I bet it's yummy. I mean, tacos are delicious, so. So, listen, guys, it's such a mess in terms of you can't tell me how much it's gonna cost us. I like, I can't make a budget specifically. What I will do, the guy, our fractional CFO, I will get him to look at everything and spend hours and give you guys the rundown. Something that cannot be done, even if we filmed a two-hour episode, because he's gonna have to spend literally like a few weeks. Okay, so I will lend my fractional CFO. I've never done that before. That is a big deal, and it means a lot, and you cannot be defensive.

• 1:45:04Caleb Hammer?

  He's gonna give you the real shit and you cannot be defensive.

• 1:45:07Speaker 03

  I just wanna make-

• 1:45:08Caleb Hammer?

  He's a man, he's a boss!

• 1:45:10Speaker 03

  The thing is, is that I wanna make this business work.

• 1:45:12Caleb Hammer?

  Me too.

• 1:45:13Speaker 03

  I wanna make it work.

• 1:45:13Caleb Hammer?

  Listen to the fractional CFO, he's gonna work through your shit. But here's the advice I recommend.

• 1:45:19Speaker 03

  I'm listening.

• 1:45:20Caleb Hammer?

  Focus, pick two of those.

• 1:45:21Speaker 03

  Yes, sir.

• 1:45:22Caleb Hammer?

  Kill the other ones that are not making money, sell the assets you got, throw them towards the debt, whatever it is, you know?

• 1:45:29Speaker 03

  That's-

• 1:45:29Caleb Hammer?

  Or just put them into the business, uh, checking account. Run the other ones lean, tight, all your energy. Focus on what you do best and what makes the most amount of money. Stop trying to do all these different things. People like you and me.

• 1:45:44Speaker 03

  Yeah.

• 1:45:45Caleb Hammer?

  More entrepreneurial people, we get excited.

• 1:45:47Speaker 03

  Yeah.

• 1:45:47Caleb Hammer?

  We see a business opportunity, we wanna do it. This is a flaw I have to stop myself constantly. And I've surrounded myself with people who can tell me to shut the [BEEP] up.

• 1:45:55Speaker 03

  Yeah.

• 1:45:55Caleb Hammer?

  Cause you need those kinda people around you. You need to not get excited, you need to focus in on a couple of the profit centers that do really well and are proven, okay?

• 1:46:04Speaker 03

  Yeah.

• 1:46:05Caleb Hammer?

  That's what you're gonna focus on, you're gonna take the other money, invest it into that, or just leave it on the side. Maybe even pay it back, you might have to go through bankruptcy then.

• 1:46:12Speaker 04

  I explore that option.

• 1:46:14Caleb Hammer?

  That is a very real potential, so we can just wipe clean and these business profit centers we focus on. And you're gonna run it all in QuickBooks? It's no longer hemp tied, so hopefully you can use something like Stripe or something. Again, I don't know, you gotta figure out some kinda payment servicer, but that's the reality. You're getting away from the hemp, maybe focus on the food truck and party bus, you know?

• 1:46:36Speaker 03

  That's, yeah, that's most, most [BEEP] truck.

• 1:46:38Caleb Hammer?

  I love that.

• 1:46:39Speaker 03

  Yeah.

• 1:46:39Caleb Hammer?

  Let my fractional CFO clean up the mess of what is happening in the books. He's gonna need access to your cash up, he's gonna need access to all this shit.

• 1:46:46Speaker 03

  Yeah.

• 1:46:46Caleb Hammer?

  Cause the reality is it's a [BEEP] mess, it's impossible for anyone to look at in the kinda situation we're in right now.

• 1:46:52Speaker 03

  What we focused on was just the party bus and the videography for now. You know, we had, we stopped doing the hemp because we didn't wanna keep buying product and with the hemp business going down, back and forth. That's why we put up a bunch of vehicles and we didn't really- It it it it really hurts me and it made me upset to lose the Sprinter bus van that we had, you know, and get it repo like that.

• 1:47:15Caleb Hammer?

  I get it.

• 1:47:16Speaker 03

  But the motor didn't work and the transmission went out.

• 1:47:19Caleb Hammer?

  Listen, I mean, I have to move on just because I have to go be on someone else's show. Here in a bin, we've been filming a long one, but sit down with my fractional CFO. This is a fucking mess and there is a deep lack of trust here and it is not unfair that that is there. You shouldn't be involved in this shit. I don't know why the you're here because it all of a sudden becomes a two V one thing, which is just strict, disgustingly unfair. Focus on your own shit. Let them deal with this. Get out of it.

• 1:47:45Speaker 05

  They they handle all of that. I don't.

• 1:47:47Caleb Hammer?

  You're still a part of the business and you raise your you raise your opinions, which makes no sense. So let them focus on the business. Sit down with my fractional CFO. Hammer Financial, so I mean, it might be the first negative ever. It's not possible. It's zero to 10. Get yours at calebhammer.com. There's a lot to talk about in the post show and I really need to get your thoughts on everything after this conversation. So join us in the post show hammerly extra 20 minutes of this episode and three premium shows every single day, six days a week. Check it out. Download hammerly or join on YouTube. It's up to you wherever you want to be. I'll see you in the post show.

• 1:48:17Speaker 06

  How often are you two sitting down talking about the business?

• 1:48:19Speaker 04

  Oh my God, it's hard to get a hold of Ricky.

• 1:48:21Speaker 07

  Kevin did say that he feels like you dodge his calls.

• 1:48:23Speaker 03

  I drive a bus.

• 1:48:25Speaker 07

  Why don't we do a bus? We maybe we can.

• 1:48:28Speaker 06

  Ladies and gentlemen, this is the second part of the post show here. We are on site at the bus. So this is what we're rocking with. Beautiful ladies on the side of it. This is a gooners paradise, Mark, right?

• 1:48:42Caleb Hammer?

  I just launched the brand new Hammer Elite app available on every major platform. So you can watch every show anywhere you want. You'll get three exclusive dedicated shows every single day, Monday through Saturday. Refer a friend after you sign up and you get an additional 30 days of Hammer Elite access for free. Download the Hammer Elite app by using the link in the description or pin comment down below. This is the best membership you'll ever join and that's a promise.

• 1:49:08Speaker 07

  When everyone's finally together, what makes mornings even brighter? Keeping things deliciously simple. Whether you're pouring up a glass of morning refreshment or topping off festive drinks for a family brunch, Simply Orange brings that 100% fresh squeezed taste to every moment. Deliciously bright and delightfully easy, Simply Orange is made for all your seasonal gatherings. Simply Orange: Say yes to simple.