1 00:00:00.200 --> 00:00:03.900 And my next guest he is one of my favorite people in this entire industry 2 00:00:03.900 --> 00:00:06.300 and in the world if I may say so myself 3 00:00:06.300 --> 00:00:09.500 Steve Feinberg Steve-O. Thanks Johnny. You're 4 00:00:09.500 --> 00:00:12.300 too kind no. No, so Steve he works 5 00:00:12.300 --> 00:00:13.300 with Everlasting capital. 6 00:00:14.100 --> 00:00:17.100 Let me ask you this. You've been around this industry for a 7 00:00:17.100 --> 00:00:20.400 while. There's a lot of new people coming. There's a lot of challenges going on. 8 00:00:20.400 --> 00:00:23.600 What makes you successful in this industry. 9 00:00:23.600 --> 00:00:24.300 What do you have to do? 10 00:00:25.600 --> 00:00:28.800 Well, that's a great question one is really understanding what's 11 00:00:28.800 --> 00:00:31.900 happening with the industry. Some of the challenges keeping it 12 00:00:31.900 --> 00:00:34.300 fresh keeping it real, you know, that's really 13 00:00:34.300 --> 00:00:37.200 makes the difference. I think between you know 14 00:00:37.200 --> 00:00:40.200 overcoming some of the obstacles, you know, so we 15 00:00:40.200 --> 00:00:43.600 like to crush obstacles and understand the 16 00:00:43.600 --> 00:00:45.900 industry and see what we can help people. 17 00:00:46.700 --> 00:00:49.600 Let's let's think about your entire time in 18 00:00:49.600 --> 00:00:52.200 this industry throughout the many years that you've done 19 00:00:52.200 --> 00:00:54.700 this. What's been the biggest year that you've ever done? 20 00:00:56.900 --> 00:00:58.500 the biggest year that I've you know 21 00:00:59.500 --> 00:01:02.600 That's a great question in every year 22 00:01:02.600 --> 00:01:05.900 brings its unique set of challenges. And if 23 00:01:05.900 --> 00:01:08.500 I can ever take the current year 24 00:01:08.500 --> 00:01:11.200 that I'm in is typically the best year that I'm in 25 00:01:11.200 --> 00:01:14.200 and it's like what can I take away from it? What can I learn? How can 26 00:01:14.200 --> 00:01:17.900 I reinvent myself? How can I stay current with what's going on? That's probably 27 00:01:17.900 --> 00:01:20.300 the biggest thing and events like this 28 00:01:20.300 --> 00:01:23.200 and with the bank really helps allow me 29 00:01:23.200 --> 00:01:26.300 to see some of the changes in the industry and 30 00:01:26.300 --> 00:01:29.200 what's going on so I can stay current with it. Well, let's talk 31 00:01:29.200 --> 00:01:33.200 let's talk about deals because a lot of people want to make money. What's been 32 00:01:33.200 --> 00:01:34.600 the biggest deal that you've ever seen. 33 00:01:36.100 --> 00:01:36.800 the biggest deal 34 00:01:36.900 --> 00:01:39.800 that I have done I've even counted for a 35 00:01:39.800 --> 00:01:42.600 capital is been 1.5 million on the 36 00:01:42.600 --> 00:01:45.700 equipment side. It was a little 37 00:01:45.700 --> 00:01:46.600 over 10 million. 38 00:01:47.500 --> 00:01:50.200 In the equipment time. So, how do you how do you 39 00:01:50.200 --> 00:01:53.600 get something like that? A lot of people want to know? How do you get the big deals? How 40 00:01:53.600 --> 00:01:55.100 do you get that? Like, what did you do? 41 00:01:56.800 --> 00:01:58.900 Well, first of all, it's about how you treat people. 42 00:01:59.400 --> 00:02:02.700 And how you talk to people sometimes networking getting 43 00:02:02.700 --> 00:02:05.500 references, you know trying to be a stand-up person standing 44 00:02:05.500 --> 00:02:08.600 behind the things that you say, you know, your reputation 45 00:02:08.600 --> 00:02:11.400 is key, you know, and it's really important to be able to leverage that 46 00:02:11.400 --> 00:02:14.600 and to be able to grow also to understand business understand 47 00:02:14.600 --> 00:02:17.300 where they're going see how we can help people the real 48 00:02:17.300 --> 00:02:21.100 the real benefit is being able to help businesses achieve 49 00:02:20.100 --> 00:02:23.300 their their goals in their dreams 50 00:02:23.300 --> 00:02:27.500 by doing that that gives us a great sense of value 51 00:02:26.500 --> 00:02:29.500 and what we're doing and it 52 00:02:29.500 --> 00:02:33.100 also we can look back and say you know what? I've been part of that growth and 53 00:02:32.100 --> 00:02:35.500 I think as a result of that business ends 54 00:02:35.500 --> 00:02:35.800 up coming. 55 00:02:36.700 --> 00:02:39.600 So let's talk about you know, this industry isn't 56 00:02:39.600 --> 00:02:42.100 easy. We've talked about it before there's a lot of upsets a lot 57 00:02:42.100 --> 00:02:45.300 of downs. There's a lot of a little bit of everything throughout the 58 00:02:45.300 --> 00:02:45.500 years. 59 00:02:46.600 --> 00:02:49.500 When things go down or when things are not, you 60 00:02:49.500 --> 00:02:49.500 know. 61 00:02:50.800 --> 00:02:53.400 When it's it's not a feast it's a famine type 62 00:02:53.400 --> 00:02:56.100 of scenario and a lot of people want to give up. They want to 63 00:02:56.100 --> 00:02:57.400 quit the industry. What would you tell that? 64 00:02:58.500 --> 00:03:01.900 Johnny that's a great question and really what 65 00:03:01.900 --> 00:03:03.200 happens is you know, what? 66 00:03:04.300 --> 00:03:07.400 Things come and go, you know, one of 67 00:03:07.400 --> 00:03:10.200 the sayings that they say is this too shall pass before you 68 00:03:10.200 --> 00:03:13.300 know, what you're back into the swing of it. So, you know what, you know, you've been through it before 69 00:03:13.300 --> 00:03:16.100 in the long you doing it and you've been out of it, you know, 70 00:03:16.100 --> 00:03:19.400 you know that you just waiting for that next thing. It's 71 00:03:19.400 --> 00:03:22.100 almost like you when you're in a football game and the momentum of the game 72 00:03:22.100 --> 00:03:23.800 changes like what is that? 73 00:03:24.800 --> 00:03:27.300 Do you have any idea Johnny on what that is that drives that 74 00:03:27.300 --> 00:03:28.700 change in the momentum of the game? 75 00:03:29.800 --> 00:03:30.300 What is it? 76 00:03:31.200 --> 00:03:33.400 I don't know if I could package that together. 77 00:03:34.200 --> 00:03:37.600 In and sell it think about how what an 78 00:03:37.600 --> 00:03:38.700 impact that would be on what we do. 79 00:03:40.300 --> 00:03:43.100 Steve thanks so much. You are the man. You're the myth. You're 80 00:03:43.100 --> 00:03:46.500 my yoda. Thanks Johnny and you're definitely someone that's well 81 00:03:46.500 --> 00:03:49.000 respected and thank you for your advice kind of a lot of people 82 00:03:49.100 --> 00:03:52.400 are asking a lot of different questions about how to make money how to not give 83 00:03:52.400 --> 00:03:55.000 up and how to move forward especially this year. You know, 84 00:03:55.100 --> 00:03:58.500 you got to have faith is the biggest thing, you know, and I 85 00:03:58.500 --> 00:04:01.900 love you guys guys are awesome. Thank you so much. Enjoy 86 00:04:01.900 --> 00:04:04.500 the enjoy the event. Thank you. No problem. Well ladies numbers 87 00:04:04.500 --> 00:04:05.300 Steve fineberg.