Episode Transcript
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0:00
This amazing human has become a friend of
0:02
mine over the years. In his
0:05
niche, he's the biggest in Europe. Might even be the
0:07
biggest in the world. He's also a
0:09
billionaire. And also, there's just been a
0:11
movie about his life and
0:14
it's just gone absolutely viral, which is
0:17
freaking amazing. So please could everyone stand
0:19
up and give a
0:21
huge round of applause and a warm welcome to
0:23
our special guest, Mr. Alfie Best. APPLAUSE
0:35
I didn't expect the film to do as well as it's
0:37
done. I really didn't. But
0:40
it has and with the good grace of God.
0:43
And some things
0:46
I got caught out in on the
0:48
film very badly. If you
0:50
watch it, you'll see. What does
0:52
that mean? What does that mean? I'm
0:54
joking. But
0:57
it's all about marketing. For me,
0:59
it's about directing the traffic. What
1:02
the film allowed me to do was show how
1:04
passionate is what we do. And
1:07
I couldn't buy that marketing. So
1:09
we had that within the social media. We had
1:11
that with the press releases that we did with
1:14
it. And it's work. You
1:16
know, people think of it as being fun and XYZ.
1:19
Same with what Rob does on
1:21
YouTube, LinkedIn, all of
1:24
that with those outlets. And that is work.
1:26
But it's work that adds to your brand,
1:28
adds to the direction of the traffic where
1:30
you're trying to push it. And
1:33
it then gives you a platform in which to sell
1:35
from, in my view. So
1:37
I'm going to ask the first question just to give you a bit
1:39
more time to come up with your question. Alfie,
1:42
do you... Do
1:48
you run your helicopter through your business and claim
1:50
it as a business expense? I do,
1:53
and I can lead on to that if I can.
1:55
Yeah. OK. I
2:00
heard a question earlier from a gentleman about
2:02
tax. Just
2:05
so we're aware, I'm quite outspoken of
2:07
how I feel about tax, but to
2:09
carry this on from the helicopter, I
2:13
genuinely run the helicopter for
2:15
business purposes. I
2:18
live a humble lifestyle. I
2:21
have great cars, I have
2:23
great houses, but they're what I
2:25
can afford, so I'm
2:27
not an extravagant person. They're there
2:29
to be fair with you, as props.
2:31
I enjoy them. The helicopter
2:34
is one of the few things
2:36
I've got that is a real
2:38
business tool. I've got parks.
2:41
Now, I've got 119 residential parks. I've
2:46
got 24 industrial estates,
2:49
and I think there's 60 houses
2:51
dotted with those as well, as
2:54
well as the other 15 businesses that we operate,
2:57
from Aberdeen to
2:59
Land's End. So if
3:01
I drove every business,
3:04
every house, every park,
3:07
it would take me three years to do one of
3:09
those. Three years. Whereas
3:12
in a helicopter, I can do five a day.
3:16
The revenue has
3:19
decided that no, it's
3:21
private use. We
3:23
run it as a business expense. And just
3:25
to put this into perspective, I've
3:28
got 32 tax inquiries,
3:31
which have been spanning over seven years.
3:34
I had a debate, which
3:37
is putting it mad now,
3:39
with the tax inspector
3:41
and TV18's. And
3:44
I said to them, I said, look, can
3:46
we be clear? What's
3:49
the problem? Now,
3:51
I've got them on the zone. By the way,
3:53
when they come on the zone, they're
3:55
faceless at that level. And
3:57
they said, well, we want to make it clear this is not a witch.
4:00
I said, okay. Do
4:02
you know that I'm a doctor? One
4:07
time. I'm
4:11
very proud to say this episode is sponsored by
4:13
AG1. As you know,
4:15
we're more than 1,000 episodes into Disruptors
4:17
and I very rarely have sponsors. I'm
4:20
really choosy on sponsors and I only
4:22
pick people that I love myself and
4:24
I use myself. I have turned down
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www.drinkag1.com/disruptors. AG1, thanks for
5:19
sponsoring the show, You Are Legend. I
5:48
said, it makes a lot of difference. I
5:50
said, you are a
5:52
bike rider investigating
5:54
a helicopter. Why
6:02
would you even be competent
6:05
to investigate how a helicopter
6:07
works? And
6:09
they said, we feel you're being very condescending.
6:13
I said, no, no, no,
6:15
no, no, I'm not being condescending. I
6:18
said, condescending? I said, it's you saying
6:21
I'm being condescending. I
6:23
said, do you ride a bike? What's
6:26
that got to do with anything? I said,
6:28
you're investigating a helicopter. So
6:32
she said, well, well,
6:35
so obviously she did ride a bike. Now why
6:37
ride a bike? But if we're going
6:39
to investigate something, let's have a discussion about a
6:41
bloody bike, because we can both talk about that.
6:44
But don't discuss with me a helicopter.
6:46
If you've never been in one, you
6:48
don't know how it works. That
6:51
doesn't work. Now,
6:54
in the UK, I
6:56
speak out against the tax authorities, because
6:59
I couldn't give a toss. Why
7:01
couldn't I give a toss? Because I'm
7:04
in their top 500 specialist
7:06
unit that they investigate. The
7:10
UK is the only country in the
7:13
world that chases wealth
7:16
out of the UK. It's the
7:18
only country, and I'll prove it to you. So
7:21
before I do, and
7:23
there is an answer to this, which
7:26
will give you comfort, massive comfort,
7:29
that I would suggest that you
7:31
do. And this is
7:33
an answer to your question. I wanted to put
7:35
my hand up there, but I thought, oh, he's
7:37
waiting. So I said
7:39
to them, I said, look, they said, on your
7:42
helicopter, it says private, private, private,
7:44
private, private. And
7:46
I went, yeah, and? Well, it's private
7:48
use, isn't it? And
7:51
this is exactly what I said. I said, no, idiot. I
7:53
said, it's a private helicopter. Well,
7:56
no, it should say business use. I said, well, I would
7:59
then be breaking the law. law. No
8:01
you wouldn't. I went, excuse me
8:04
you ride a bike I fly
8:06
a helicopter. It would be breaking
8:08
the law. This is how the
8:10
conversation was, this conversation we recorded.
8:12
I said no, I said
8:14
you are wrong. No
8:17
we're not. I've
8:20
got a bike rider telling me how
8:22
but I'm wrong. I know
8:24
I'm a pike and I know I was born
8:26
in a caravan but I now do fly a
8:28
helicopter. So I
8:30
think that puts me in a little bit of a different
8:33
state. You know I've come
8:35
from the bike to the car to the
8:37
helicopter. I swear this is true. This is
8:39
on my mother's life I swear this is
8:41
true. This is recorded so it can be
8:43
replayed. So I then said
8:47
you want me to break the law.
8:49
It is a criminal offence. I
8:52
need an AOC licence to
8:55
commercially fly the helicopter for
8:57
business use. I said but a
9:00
business can own the
9:02
helicopter privately and use it
9:04
for business use. But
9:06
if I want to rent it out to you
9:08
Rob or to your good self forever I
9:10
require an AOC licence for the air
9:12
aviation. They didn't
9:14
know that. The
9:18
VAT inspector he was sitting with
9:20
her. I swear
9:22
this is on tape. You're
9:25
right well that makes so much difference and
9:27
I understand it now. She
9:30
says to him, pike
9:33
down. I
9:37
cannot believe what I'm
9:39
hearing. Now
9:42
before I go on to
9:44
say the next. So we've got
9:46
investigations going. So in seven years
9:48
they've found zero and
9:50
they've got thirty two investigations on my companies
9:52
on this one that and the other. Because
9:56
how the revenue looks if they stand
9:58
underneath a tree with enough fruit. If
10:01
you keep shaking it, eventually you'll just
10:03
pay for them to go away. They
10:06
couldn't have picked on the worst item ever. Because
10:08
I don't care what they do, as
10:11
long as I do it legally, properly,
10:14
within the arms and the ring mitt of the law,
10:17
I am not giving them a penny more than
10:19
they deserve. And that's how I
10:21
deal. That takes deep
10:23
pockets to do that. And
10:30
I don't have deep pockets to waste it on
10:32
the revenue. So the
10:35
answer to this is with your
10:37
accountants. And don't
10:39
confuse your accountants who
10:41
are basically glorified bookkeepers,
10:44
that are educated bookkeepers.
10:48
They are way different to a
10:50
tax advisor who understands the law.
10:53
And I've summarized this. An
10:55
accountant is somebody that
10:57
is an airline pilot. He's
11:00
a genius. He knows
11:03
where everything is. He's going to get you
11:05
on the plane. He's going to
11:07
get you to New York. And he's going to land
11:09
the plane safely, correctly,
11:11
with all of the tools
11:13
and the instruments at
11:16
his disposal. And he's going to do a great job
11:18
for you. Because that's what he's
11:20
thought to do. That's what an accountant
11:23
does. And
11:26
air traffic controller says, hold on.
11:30
Fly at 22,000 feet. There's
11:33
another jet coming. You'll miss
11:35
it. Fly
11:37
to the 45 degree. It's
11:39
going to miss the headwind and less turbulence. Air
11:42
traffic control keeps that airliner facing
11:45
the sky and missing every other
11:47
jet. That's what a tax advisor
11:49
does. Don't confuse the
11:51
two. And trust me, they're
11:54
worth paying for. They are worth paying
11:56
for. When you do your accounts every
11:58
year, Whether it's for
12:00
you personally or whether it's your limited company,
12:03
make sure you take out insurance. That's important.
12:06
This is step two. Take insurance now.
12:11
If ever you have an investigation, you
12:15
can say, bring
12:17
it on. Because
12:20
you've now got insurance. And
12:23
let me tell you something. The revenue
12:25
you don't like, you have an insurance. The
12:29
reason they don't like you to have an insurance is
12:31
they're not hurting you as much. They
12:34
now realize that you're not suffering
12:36
the pain. Now
12:39
this is what got said in that statement.
12:42
I said, why are you targeting
12:45
me? She said, well, this is not a
12:47
witch hunt. I said, don't be
12:49
stupid. Of course it is. I said,
12:51
you've got a tax investigation on
12:53
my MD, my sales director. I
12:55
said, my family, my estate
12:58
director, my SD, I
13:01
said, and four other members of my company.
13:04
I said, come
13:06
on. You sit within
13:08
the top 500 people in the UK. She
13:11
said, and we investigate all of them. She
13:14
said, and we don't believe that you've paid enough tax. I
13:16
said, great. How
13:19
much is it I owe? Well,
13:22
we haven't got there yet. I said, after seven years.
13:26
After seven years. Now
13:28
this is what the revenue do. Now I take
13:30
it that you're involved in accounting for your... No,
13:33
no, my background is on a tax decision
13:35
and how to possibly do it. Accountant.
13:41
And the reason I say that is because plastic surgeons
13:43
have to calculate whether you're going to sue them or
13:46
not. The insurance is going up. Anyway,
13:54
the revenue in this
13:56
country, and I just want to
13:58
make some bearing statements. We
14:01
have one of the greatest countries in
14:03
the world that
14:06
is living still on its
14:08
laurels of being Great Britain.
14:12
When's the last time that
14:14
you saw a foreign national come
14:17
here and start a business? Long
14:21
one. You may have
14:23
seen them come here and park money
14:25
up and invest in
14:28
city centres, but you've
14:30
never seen them come here and say, we're going to start a
14:32
fledgling business. Because it's
14:34
not welcoming. It's not
14:36
tax efficient. Now,
14:40
I'm not a politician, but I could sort
14:43
today the north-south
14:46
divide of the money divide. Today,
14:49
and I'll come to that. I
14:52
know we were going to do a Q&A, but
14:55
tax I want to come to. Insurance.
14:58
When you do your end
15:00
of year, and it's cheap, it's
15:02
not expensive, especially
15:05
if your accounts are audited, it's even
15:07
cheaper. If you've got another guy who's
15:09
auditing those accounts going bang. So,
15:12
they're correct. So, let me double
15:15
check. The
15:18
revenue. This is why
15:20
this country has lost
15:22
its way. We
15:25
have the greatest entrepreneur in
15:27
the world that was homegrown
15:29
here. He's a personal friend
15:31
of mine. I'd
15:34
go as far to say he's
15:36
ahead of Elon Musk. He's ahead
15:38
of Jeff Bezos. He is the
15:41
man. That man is
15:45
your mother. He opened up
15:47
20 years ago
15:49
a fracking business.
15:52
Built a business worth £50 billion
15:55
in 20 years from the age
15:57
of 40. thought
16:00
was thought to be. Now
16:03
what makes him so great, what puts him in
16:05
front of Elon Musk? Real simple. In the US
16:07
they've got 370 million people. In the UK we've
16:09
got 70 million. And
16:15
secondly, his was based
16:17
on property. But
16:19
he just found another way. Fracking.
16:23
Brilliant energy. Why do you
16:25
think, he said to me, he said, why are you
16:27
here? What are you
16:30
doing here? I went, he
16:32
went, this is, why do
16:34
you think he left the UK? He
16:38
left the UK because he's got seven private jets
16:41
and the revenue decided they were going to tax
16:43
him on his personal use for using his jets
16:45
for personal use. Why
16:47
would you chase that man out the country? Do you
16:49
know what he did? Well
16:52
okay, I'll move my
16:54
head off this to Singapore and I'll move to
16:56
Monaco. Had zero. Why
16:59
would you lose, why would this country
17:01
lose such great
17:04
people? Hope that are
17:06
just like that to me. This
17:09
is like digging a knife in me. Then
17:12
you've got Richard Branson, the
17:15
greatest marketeer the
17:17
world has ever seen. Everything
17:21
Virgin is a
17:23
marketing machine. When he
17:25
was flying a balloon around the world,
17:28
he's got no interest in flying a bloody balloon
17:31
around the world. But
17:34
Virgin did. Virgin
17:36
did. Everything is about marketing. The amount
17:39
of businesses that you think that Richard
17:41
owns actually are
17:43
marketing machines. Phenomenal.
17:46
He left 20 years ago. Alan
17:49
Sugar, gone. Anybody you
17:51
can throw at me in the UK has
17:54
gone. Myself, I'm
17:56
going. Why
17:59
not because I'm I disbelieve in the
18:01
UK. I love the
18:03
UK. But
18:05
the problem we had, and
18:07
I thought that Rishi Sunak
18:10
was going to be one of our greatest politicians,
18:13
thought he was going to be our great Prime
18:16
Minister. But I think that
18:18
he failed. Because as
18:20
far as I'm concerned, he's whitewashed.
18:23
He might as well be white. I
18:25
thought he was going to be the Asian
18:27
Indian immigrant with that
18:30
entrepreneur spirit. And really,
18:34
no. He got lost somewhere. But
18:37
he could have been one of our
18:39
greatest Prime Ministers, in my view. Now
18:43
let's take the US. Name me
18:45
any entrepreneur you like. Elon Musk, would you
18:47
say him? Because he's known as the richest
18:49
man in the world. Jeff Bezos. Anybody.
18:53
They're still there. Why?
18:56
Because the US allows them to
18:58
set up their trusts. They
19:00
allow them to shelter their wealth. They
19:02
want their pound of meat and flesh, but
19:05
they've got a good common sense. Keep
19:08
the wealth in your country. Don't
19:11
boot it out the door. So
19:14
this is a very sombre, what
19:17
I'm saying. But
19:19
you have to work within the confines of the
19:21
box that we're giving in the country we are.
19:23
But it doesn't stop us stretching it. It
19:27
doesn't stop us stretching it. And
19:30
where you can stretch it is this. Because
19:33
those investors
19:36
aren't coming here, and because
19:39
you've got investors leaving here,
19:42
that leaves a magnet for
19:45
people that are in the SME division.
19:49
To grow to the point where the revenue then
19:51
want to chase you out. Because you know when
19:53
they want to chase you out, you've made it.
19:57
You've made it. That's crazy for
19:59
the country. But it's
20:01
actually good for the
20:03
SME businesses that are here because
20:06
they do get support. And
20:10
I actually think that
20:12
eventually will be taxed heavier. There's
20:16
a tax, for instance, that
20:19
has been swept over. I
20:22
can't quite remember what it is, but I know what the
20:24
tax is for. It's actually
20:26
a poor person's tax. And
20:29
they haven't even realised. It's
20:31
cars that I think are
20:33
10 years old or 8 years old now. If you
20:35
drive in London, you're 12 quid or 15 quid a
20:37
day just for having a car that's old. So
20:40
that is a poor tax. And
20:42
yet it's been swept over. When
20:45
people say stamp duty,
20:48
oh, it's only on a £500,000 house. 10
20:52
years, we'll come through this debt
20:54
that we're in. We'll go back. You're going
20:56
to see most ads in the UK heading
20:58
that way. They're all going to be behind,
21:01
but they can't see that far ahead. Sorry,
21:04
I'll stop there and face some questions. Right,
21:08
show me your hand if you've got a question, just so
21:10
I can see. I've warmed up now. We're
21:12
going to start with fee. So
21:16
this is fee crossly. This is Alfie Best.
21:19
And fee, what's your question for Alfie?
21:21
Thank you for being here today. Pleasure.
21:24
And congratulations on the news we're going to be
21:26
watching. My
21:29
question was actually, you said something
21:31
about what you said in
21:33
terms of that I felt that I
21:35
want to salute you because I've seen you. Thank
21:40
you so much. I
21:42
spoke to you earlier. What
21:44
do you think about children's
21:47
school? Is that what's very important
21:50
to you about my needs? All
21:54
of our animals. My needs. Where have
21:56
I got to school? In the back of my
21:58
mind, I've got to school. in the UK.
22:00
It's a chance to get
22:02
rid of that education, but I also
22:04
think that out of the UK
22:07
as well, where would you advise?
22:10
OK, look, number
22:12
one, I can't advise you. What
22:15
I can tell you is what I think, because somebody,
22:19
I don't know your circumstances. But
22:22
to put a broad point on
22:24
it, I'm moving to Monaco, I'm
22:26
already applying for my residency. But
22:29
I haven't stopped looking at other
22:31
places to go, because all
22:34
of these countries can kick you out. Now,
22:36
Monaco, I need to be there for six
22:38
months and one day. I'm allowed back in
22:40
the UK for 90 days. That's enough, because
22:43
I'm a workaholic. I will never
22:46
stop working. And when I'm in
22:48
the process of now buying a business in
22:50
Monaco, which is an estate agency group, not
22:52
because I want to run an estate agency, because I want
22:54
to go to work every day. I want an office
22:56
to go to work. And I will slowly
22:59
now relook at
23:02
rediversifying our management office outside
23:05
of the UK, our marketing, our
23:08
finance. And I will
23:10
then potentially re-lend my own bank and
23:13
re-lend all finances back to my own
23:15
company and charge a higher
23:17
interest rate, because I'm entitled to do
23:19
that. And that then
23:21
slowly strip out the profits of
23:24
my company, legally, correctly, and
23:26
I'll work within the confines of the law. Now,
23:30
you've given me two
23:32
questions without realising it. In
23:35
the answer that I just gave you, it was
23:37
all about money. Nothing else.
23:40
I didn't concern myself with my other half.
23:42
I didn't concern myself with my family, because
23:44
that's what the revenue want me to do. They
23:47
want to trap you by saying, oh, but
23:50
if you leave the UK, how
23:53
many ties do you have? Do you have a house here?
23:55
Do you have family here? Do you have this here?
23:57
Do you have that here? Well, that's less than that.
24:00
days. So they're trying to
24:02
make it more unpalatable because they
24:04
don't want you to leave, they want to
24:06
trap you. Let's just
24:09
go through this very quickly with regard
24:11
to tax. We
24:14
pay 22, shortly to be
24:16
25% courtation
24:20
tax. We pay 40% personal
24:24
tax. We then
24:27
pay VAT on everything that
24:29
we buy personally that we can't train.
24:32
And then on top of that we
24:34
die and they take
24:37
40%. If
24:42
you work that out, and
24:45
I've sat down and done this,
24:47
it actually works to
24:49
197% they take. And
24:53
that's not taken out
24:55
your tax out of your fuel and things
24:57
like that. So you have
24:59
got to earn 11 times
25:02
the amount to come out with 50%.
25:06
And I've done the figure. So
25:09
your two questions, and I'm
25:11
sorry for the long answer, is
25:15
if you are concerned about good
25:17
schools, stay here pay the tax. Because
25:21
if you confuse your personal
25:23
life with your business life,
25:26
that's what the revenue has put those rules in place for.
25:28
I can't leave because I've got kids in that school and
25:30
I want them to be in the best place. Now
25:34
my whole decisions, which
25:37
is what makes it easy for me,
25:39
are based on business. I
25:42
make the business decision first,
25:45
then I concern myself about my personal
25:47
decisions. Life is
25:50
my business' concern. I
25:52
build friendships based on business. I
25:55
never build businesses based on friendship. That's
25:58
just because you could say I'm a person
26:00
inside but
26:02
I've come from the hard background I
26:05
don't want to go back there. Sorry for
26:07
the long... so when
26:09
you say which country should
26:11
I go to there's a multitude you could go
26:13
to Dubai how many times you want to
26:16
come back here? Are your kids and
26:18
your nieces in boarding spots? Is
26:21
there a level to a point that all of a
26:23
sudden you know there's an age level that
26:25
you're going to be happy for them to come out of that school
26:28
and become an international student
26:30
but you're basing your facts
26:33
and your sentences and your questions
26:36
on business and personal. You
26:39
have to make a choice. Do
26:41
I base it on personal? If you base
26:43
it on personally you're already giving yourself your answers.
26:45
You like the schools, you like the
26:47
community, you like England, this is where
26:49
we're saying. If
26:52
you base it on business which
26:55
isn't everybody's cup of tea, it's
26:57
mine. Mine is based purely
26:59
on business. I
27:01
won't lie to you there is no
27:03
obstacle that can ever be put in
27:05
my way whether it
27:08
be divorce, well I'm deadly
27:10
serious, whether it be divorce
27:13
I said my tax advisor don't worry you can get divorced.
27:16
That's what it takes. That's what it takes. They're
27:21
not putting a barricade in my way to
27:23
stop me. That's like somebody putting a gate
27:26
on a field and saying you can't get in.
27:29
My role is climb over it. I
27:31
know you're supposed to open it but get fucked out,
27:33
climb over it. That's
27:35
my philosophy. Have you
27:37
told that to your
27:39
wife? Yes. Yes.
27:43
My mindset is very clear. It
27:46
is don't be
27:48
afraid to speak what's
27:50
clear. The
27:53
things that are put there to
27:55
stop you, you
27:58
should be saying Why are they trying
28:00
to stop me? What are
28:02
they doing that for? I
28:05
find those insults when
28:08
a country is actually, we,
28:11
I'll go back to what I said earlier, there
28:13
is a void here for
28:15
SMEs to thrive,
28:18
survive and actually
28:21
dictate. Because
28:23
you've got to look at the paramount. They
28:27
want people, here's something
28:29
that's gonna kill you. 60,
28:33
70 million people in this country. I think the official
28:35
figures are 68, there's actually 70 million.
28:37
How many people do you think pay tax out of
28:40
70 million people in the UK? Quick
28:45
guess, come on. 15, 15 million. It's
28:47
actually 18. 18
28:50
million people and you can't buy
28:52
that data. We
28:55
buy data because I buy
28:57
how many people are unemployed? Do
28:59
you wanna know how many? Couple of million.
29:02
Unbelievable. So where's
29:04
the upper 50 million? Because
29:08
we don't see the people like, and I
29:10
use the phrase job seekers allowance. God forgive
29:12
me for saying this now. Don't mean no
29:14
disrespect. Disabled, care
29:17
workers, all of these
29:19
civil servants. They're paid,
29:21
aren't they? Yeah, buy us.
29:26
It's crazy. When you
29:28
really start going through, and
29:31
when you think of this, that
29:33
the revenue need to shake the tree on
29:36
only 500 people. That's
29:40
crazy. Like I've had people say to
29:43
me, my accountant and my tax advisor,
29:46
Alfie, you
29:48
don't do yourself any favor by being in
29:50
the public eye. My
29:52
reply to that is, haven't
29:55
I suffered enough as a gypsy? Having
29:59
to hide away. am to
30:01
now have
30:03
to hide again?
30:06
No that doesn't work for me. I
30:09
want to be able to stand up and
30:12
go well that's the fact you
30:14
know and that's the reason why I'm proud of our
30:16
country. I love our country.
30:19
It's great for you. Look what it's done to me.
30:23
Look what it's done for me. I
30:26
swear this because
30:29
it's passionate to me and our country
30:31
is passionate to me about
30:33
the business it can offer us, what
30:35
it can do for us but
30:38
don't give it in one hand and destroy it
30:40
in another. On
30:42
that call or that zoom call
30:45
the head of the revenue said to me look
30:48
at what this country has done for you
30:51
because I you know no but
30:53
I accept that but
30:55
you know what my reply was? Wow
30:58
you are so right. Why
31:00
didn't you do it for everybody? Why
31:04
didn't you do it for everybody? I
31:07
said because I did it. I
31:09
said I was just giving the opportunity in this country.
31:12
I said it didn't come easy and
31:15
trust me I was
31:18
asked I think actually by Rob would I do
31:20
it all again the same way and I don't think
31:22
I would. I think it was
31:24
too hard the way I did it and
31:26
I say this to you openly,
31:29
honestly with no agenda.
31:34
I wished I'd have had a mentor
31:38
that was helping me because Rob isn't only
31:40
mentoring you here he's mentoring all of you
31:43
and you're mentoring each other that's why great
31:45
groups come together. One of my questions that
31:47
I ask Rob over there I
31:49
said what's the demograft he said these are
31:51
all good business people that are thriving. His
31:54
words. So that much show
31:56
how much face he's got in business in the
31:58
UK as well as you. And
32:01
I heard, you know, some of the things that he
32:03
said, oh, it's great about where we sit. The
32:05
truth is, it's fact, it is. Because
32:08
it takes one little thing, like
32:10
I've said today, that
32:13
cost me hundreds
32:16
of thousands of pounds. And that's getting
32:19
insurance on your tax. It gives you power,
32:23
gives you a voice, and
32:25
doesn't make you all of a sudden have to
32:27
shiver down knowing how we knew we were going
32:29
to be. Because the tax man wants you to
32:32
cower. He's got
32:34
this massive great machine that's
32:36
going to just trundle on. And they've done it
32:38
to us. And they've been carrying trundling on. What
32:41
a shame. What a shame. Sorry. No,
32:44
don't be sorry. See,
32:48
I think about this a lot because Mark
32:51
and I talk about it a bit, and we're pissed off, as
32:54
you know. And we're close,
32:56
probably. So I just made my decision.
32:59
I'll get my kids through school. And
33:02
then, you know, when my daughter's
33:05
18, probably
33:07
before that, but at that point, I'm going
33:09
to really seriously consider it. That's
33:11
what kind of I've said to myself. You
33:13
know, my
33:16
dad just turned 80. He's still here. My
33:19
mum, obviously, our business is here. So
33:22
made the decision to stick it out,
33:25
make the best of it, make as much money as we can. And
33:28
then when those tires have gone, which for me would probably
33:30
be maybe eight or nine years, then look at it seriously.
33:38
Because that gives me eight or nine years to look. Because
33:40
I actually think, I mean, Lisbon, a lot of people are
33:42
going to Dubai. You know, there
33:45
was mention, you know, the states in
33:47
America. Because even though people aren't leaving
33:49
America, they're not. They're leaving certain states
33:51
in the droves and running to others.
33:53
Like, everyone's going to Texas. And
33:56
everyone's going away from the West Coast,
33:58
which is the West Coast. is where it
34:00
was all at. So that's all
34:02
changing, because obviously they have state. The
34:05
laws are different in each state. But
34:07
you've got a bit of time to
34:10
go and hop around these countries and have a look
34:12
and speak to people who are there. Because
34:14
I bet Alfie didn't think about it five minutes before he
34:16
decided to go to Monaco. He would have looked around and
34:18
he's still looking. So I think you've
34:21
got time to do that. I
34:24
mean, my wife wouldn't have any of this, so
34:26
I just had to know my place and get
34:28
back to work. But I
34:30
did consider homeschooling. I
34:34
did really think that, like,
34:37
I send my private kids to school,
34:39
not for the education, because they're actually
34:41
getting all their resourcefulness hammered out of
34:44
them by the school system. And
34:46
it makes me upset to say it.
34:48
I send them to the private school
34:51
for the network. That's it. Well,
34:53
can I? Yeah. What
34:56
Rob's talking about here, if I
34:58
can just interject very quickly, I
35:01
want to tell you two stories. When
35:04
I come up to- Do you want us to cancel the rest of the day? And
35:08
these are paramount, actually,
35:10
I think, to Rob and
35:13
to anybody else that's got kids in private school.
35:16
Now, by the way, just so
35:18
we're clear, I am
35:21
absolutely an advocate of
35:23
private schooling. And
35:26
I mean, it's been
35:28
agreed, but I haven't officially
35:31
done it yet, and you'll hear it for
35:33
the first time. I'm going to be
35:35
funding Oxford University,
35:39
which will hopefully come in by the
35:41
end of this year for a
35:44
number of really
35:48
underprivileged kids from the gypsy and
35:50
travelling community and other areas to
35:53
be able to get a college degree or
35:55
a university degree from Oxford. It's
35:58
something that I've took upon that I wanted to do. to
36:00
do and I think there's a select number of
36:02
about 30 kids that I'm funding them through it
36:04
and I'm doing it with the Oxford University. So
36:07
I'm an advocate of private
36:09
school. This
36:12
is the buck bit. I'm
36:14
not going to mention many names but these are
36:16
true stories. Two friends of
36:18
mine that
36:21
were, let's just say they were
36:23
from the streets but
36:26
wealthy individuals but
36:29
were no-nonsense people. There
36:32
was no negotiations around the border and tables with
36:34
these types of people. It was you know you
36:36
got back and so
36:39
both of their kids went to
36:41
private school. Both of their kids
36:43
committed suicide. What
36:46
happened was this they'd go
36:48
to this beautiful private school and that was
36:50
the best of private schools in central London
36:53
and they'd come home the science
36:56
teacher or the economic
36:58
teacher. There's
37:02
a little joke I just thought.
37:04
I'll tell you in a minute.
37:07
Sorry. It was funny
37:09
so I laughed. I'm just not
37:11
going to share it with you.
37:14
So both of these kids came back. Both
37:17
committed suicide in their 20s. This
37:20
is what would happen. They would go to school
37:23
and the fathers were go-getters.
37:27
They did really well in their life but
37:29
when they come back the kids would go,
37:32
oh dad I did
37:34
economics today. I did this and
37:36
I did that. We need to do more
37:38
for the ozone layer. That's the green pieces. What
37:43
are you listening to that idiot for? You're
37:46
a mug. You want to worry about how you're going
37:48
to starve in the morning sun. All
37:50
of a sudden these kids were going
37:52
to school being taught
37:55
and paid to be taught by the
37:57
best in their field. Then coming home
38:00
and these were real street level people.
38:03
They'd have a fight possibly once a day. They
38:06
weren't travellers by the way but the
38:08
kids were coming home and seeing that and
38:11
then going back and I sat down with my friend and spoke
38:13
to him about it. Now I never
38:15
put my kids through private school. Thank
38:19
God I didn't when I was in my
38:21
20s. I'd have acted the same way.
38:24
I'd have been, what are you on about? Business
38:26
is difficult, hard enough. I
38:28
don't want to know about the green piece. I don't want to know
38:30
about the ozone layer. I want to know how we're
38:32
gonna get fed in the morning. I
38:34
would have been the same way. If
38:37
I put my kids through the school today and
38:40
I was putting them through, it would be a
38:42
whole different thing. I would be going, wow
38:46
tell me more about this and
38:48
I would embrace that circle, embrace
38:51
the mothers and fathers you know
38:53
like and embrace that
38:55
community because what Rob said,
38:58
it's not the education you're paying
39:00
for, it's the network. So
39:03
you cannot isolate your kids.
39:06
There are times in
39:09
life and never at any
39:11
other time in my life and it shocked me
39:13
when I had this conversation
39:15
with my friend, quite a
39:17
prevalent character and he went I
39:20
made a big mistake after. I
39:22
wasn't mentally mature enough at that time
39:24
to embrace it. I just thought he
39:27
sent them to school, I had the
39:29
same conversation what was going through my
39:31
mind in my business. He said
39:33
if your kids go to a private school, no
39:36
matter your background, creed, colour, race
39:38
or whatever it is, you
39:41
embrace what they're doing because
39:43
you're paying for those people to teach your
39:45
kids and I can only
39:47
say the damage you can do. I've
39:50
now implemented that in my
39:52
businesses and what
39:54
I'm saying by that is I'm
39:56
a chameleon, I am a
39:58
genuine actor. I treat one
40:01
customer very different than I'll treat another
40:03
because their needs are very
40:05
different. I'm not saying it's not one
40:08
rule for everybody because it is, but
40:10
their needs are so different. Sorry
40:13
if that's taken a long time. Thank you
40:15
Alfie. All right, please.
40:17
So what you going to fucking
40:19
do? Chew
40:21
on that. Right, who is
40:23
next? Did you have one Rick?
40:26
Yeah, yeah. So this is Rick. Hi Rick.
40:30
I've been looking up to meet your scutes on. So when I
40:32
was in your walking I was at a
40:34
court place. Is that an order of your... I'm
40:36
not going Rick. Is that for Rick? I'm joking.
40:39
I don't know if you remember but when we
40:41
were in my back you got on the boat
40:43
and I went off
40:46
the boat. I do, yes you would see sick
40:48
if I remember. Yes. I
40:50
actually missed two hours of... yeah,
40:53
but obviously... You wouldn't have
40:55
missed much, they threw me over. And
40:58
then I look at you and I'll perhaps meet you
41:00
again at Canary Wharf if you saw. And
41:02
obviously I spoke to you a little bit
41:04
there in regards to my treatment and stuff
41:06
like that. Privilege is always mine. Thank
41:09
you. Cheers. But one of
41:11
the things, sort of following on to
41:13
the questions I've asked you before, obviously
41:18
thinking about the schooling system and the
41:21
fact that they don't teach the business and they
41:24
don't teach us anything other than the Australian narrow
41:26
such as speaking, getting a
41:28
job and saying a job and paying attention etc. How
41:31
much do you force onto your kids or do you
41:34
sort of recoup your kids' economic... Okay,
41:37
if I'd have... I can
41:39
only speak from experience of mine. I
41:41
didn't send my children to private school.
41:45
If I had have sent them to private school and
41:48
I sent them to private school now, I would
41:51
be fully embracing whatever they were
41:53
being taught. I would
41:55
fully embrace it because you can't
41:58
pull a person's mind. especially at a
42:00
young age, saying that the man
42:03
they're sitting in a classroom going three hours
42:05
through is an idiot. And he
42:07
doesn't know what he's talking about because he knows about
42:09
the ozone layer and he knows about the global warming
42:11
and all of a sudden I'm stressed up to my
42:13
head because I've got 800 million that
42:17
I need to be paying back and I don't
42:19
pay it back. And it's
42:21
very easy to fall into that trap. I would embrace
42:23
it. But what I would do right
42:25
now if I was there, I
42:28
would be talking to my children from
42:30
a very early age what do
42:33
you want to be? Because
42:36
I think you don't have to be
42:39
in business to be great. You
42:41
can be part of a business and
42:43
be great. Some people need
42:45
different types of support in
42:47
different ways. And if you
42:50
want to be in business, choose
42:52
the business. What you've got to flare off.
42:54
If you think of just a bit, a
42:57
football player is
43:00
absolutely phenomenally great. They're
43:03
doing a job that they love. They're
43:06
doing a job that actually pays
43:08
them to kick a football around. But
43:11
what we don't realise is the skill set,
43:13
the time and the work they're
43:16
putting into that. But
43:18
they are the most let down people
43:21
on this planet. Most
43:24
sportsmen are. Because
43:26
they're thrown into it because they show
43:28
a glory of talent
43:32
and then that talent nurtured through
43:34
and they're turned into superstars. They're
43:36
let go in their 30 or 32 with
43:38
no business acumen and their earnings have gone
43:41
from £100,000 if
43:44
they're lucky to a thousand quin a week. If they're
43:46
lucky to get a few appearances on a
43:48
few TV. And all of a sudden they're
43:50
not taught how to manage their money. Going
43:54
to school is the same thing. Only
43:57
you're learning then how
43:59
to manage. their money. I would
44:01
re-engage my kids like I
44:03
didn't give my kids. I
44:06
helped, I provided, but
44:09
the one thing I have instilled is
44:12
a work ethic because by
44:15
instilling that work ethic, the
44:18
one thing that will always do is
44:20
give them a reason to get
44:22
up in the morning. The worst
44:24
thing that you can have for a kid in my
44:26
opinion is not having a reason to get
44:28
up. That creates so many
44:31
other problems and I've seen it. We've
44:33
got a young girl that worked for
44:35
us and I could genuinely see
44:38
she was on a mental slide down. She
44:40
worked in another business. I said
44:42
to the MD of the business, a business partner
44:44
of mine, this company was
44:46
called Wildcrest Events, does DRT
44:48
boxes around the UK. I
44:52
said, she's brilliant, but
44:54
you're killing her. And he
44:57
went, why is it my fault? He
45:00
went, she's got her own home life and
45:02
he's a very good director, but
45:05
he's all about the business. To
45:08
create a good business and
45:10
to create loyalty within a business, you've got
45:12
to make sure people are happy. There's
45:14
a happy at home, they're happy at work.
45:17
Actually it makes them stick with you
45:19
even longer. They'll virgin,
45:23
pay less than BA, but
45:26
yet people would prefer to work at Virgin. That
45:29
lifestyle, I heard Rob talk about it a
45:31
minute ago, gym membership. With all of
45:33
our employees that
45:36
work within Wildcrest, we make
45:38
sure, we make sure all of
45:40
them have health insurance, but we also make
45:42
sure their wife and their kids have health
45:44
insurance. We protect the family.
45:48
Because if the wife is happy, if
45:50
the kids are happy, they're not
45:52
worried whether the dad's happy. Do
45:56
you understand? So going, everything
45:58
relates back to kids. finding what
46:00
their love is, whether you like
46:03
it or whether you don't, try and
46:05
embrace a little bit of it and that's
46:07
the hardest thing because as adults you've
46:09
got to say if we don't like doing
46:11
a sport we don't particularly want to go and see the
46:13
sport. But I did it with
46:15
my own son, he liked football, I was
46:18
intent that he boxed. Now
46:20
luckily he did like boxing, I
46:23
should have actually
46:26
followed him through with the, because if he went
46:28
to the book I didn't want to go.
46:30
How terrible is that?
46:32
And I blame it on work but yet I
46:34
always made the time for the boxing, does that
46:37
answer the question? Yeah, it does.
46:39
So I've just, I say
46:42
just finished, I finished it a few months ago, my
46:44
book Money Matrix and I looked into this a lot,
46:46
the school of the education system. It's
46:48
not all bad
46:52
and I just think for
46:54
me to make things really simple, if you
46:56
want to be a doctor, a dentist, a
46:58
lawyer, an accountant, a solicitor, blah, blah, blah,
47:01
going to a good school and a good
47:03
university is likely to get you into a
47:05
good company and you're going to have probably
47:07
the best potential corporate
47:09
type career that you
47:12
could have. It's going to
47:14
be harder to get into that career
47:16
in corporate if you're homeschooled
47:18
and you're an entrepreneur but if you're homeschooled and
47:21
you're an entrepreneur you don't want to be in
47:23
that. As
47:25
you go further down the rabbit hole
47:27
of researching the world
47:29
and you find things out, you
47:32
start to feel like okay, well essentially
47:34
the school system, just like
47:36
the banking system, is an indoctrination
47:38
system to maximise tax
47:41
revenue and interest
47:44
from you because you are
47:46
a product to the banks. Banks,
47:49
government, school system, all owned
47:54
above here, they make out they're
47:56
separate, they're not separate. The
47:58
government and the Central Boogs are
48:00
not separate. They make out that they are.
48:03
That's the story. Actually
48:05
if you go, 13 companies, sorry 13
48:07
families. So they've
48:10
created a system. Now here's the thing, that pissed me
48:12
off when I first really figured out about that. But
48:14
if you set up your company, you're gonna run it
48:16
your way. So Alfie and
48:19
I are doing the same as the 13 most
48:21
powerful families in the world, which is they're running
48:23
their company their way, they just happen to own
48:25
the fucking world. If
48:27
we own the fucking world, we'd probably be a bit
48:29
power hungry as well. We're running our companies in our
48:31
own way. So I've kind of morally
48:34
and ethically transcended that and just gone, well they're
48:36
just running a company, it's just a fucking big
48:38
one. Because you're the product.
48:41
When you know you're the product, i.e.
48:44
what do they want from you? Tax
48:46
revenue and interest, that's why they want you to
48:48
own a home, that's why they want you to
48:50
get a car loan and a loan for a
48:52
conservatory. So I
48:55
don't want my kids to
48:57
be indoctrinated by that system
49:00
in an ideal world, but
49:02
if they want to be doctors, they're going in
49:04
that system and I'm gonna embrace it, because it's
49:06
probably the best way. Because you can
49:08
start a business and make money. You can't go,
49:11
give me a fucking knife, I'll have a go
49:13
at surgery. It doesn't work like that and you
49:15
need to go down that road. That's
49:17
how I compartmentalized it in
49:20
my mind. And you know when I said about, they
49:24
take all the resourcefulness and they
49:26
unlearn you in that system in
49:29
terms of being entrepreneurial, disruptive,
49:31
rebellious, creative, solution focused. I'm
49:33
gonna win no matter what.
49:35
I'll always be successful. I'll
49:37
beat the system. That's what
49:39
they hammer
49:42
out of you in this. Because
49:45
if they hammer that one out of you, you're
49:47
gonna pay maximum interest and tax. Whereas
49:51
if you've got that all within you, you're
49:53
gonna do what Alfie's doing, which is minimizing
49:55
his tax and ultimately leave. That's
49:58
the way I see the two roads. But
50:00
here's, I made a mistake, and
50:03
I think every parent makes the mistake. You can't help it. You
50:05
want your kids to be like you. Your
50:08
kids are them. So if my
50:10
son really wants to be a doctor, that's
50:12
him, and I embrace that. If
50:15
they show some flair. So my
50:18
daughter started a bracelet making business.
50:20
She loves making bracelets. I'm like,
50:23
fucking yes. And
50:25
so when we go to Pandora, I'm like,
50:27
imagine if you had Ariana. You know,
50:30
in every show, yeah, Ariana's
50:33
what I'm going to call it. But
50:36
that came from her. I wasn't like, boy,
50:39
bitch. I wanted
50:41
to be. That's
50:46
how I've looked at it. Hopefully
50:48
that's Susan. Alright,
50:50
cool. Next, we'll
50:52
go David Denmark for housing. So
50:55
this is David. This is Alfred. Hi, David.
50:57
Pleasure. So I do
50:59
a lot of work around mindset and
51:01
getting over covering ecstasy,
51:03
reducing the impact of judging how
51:06
healthy you look. You're
51:08
obviously very proud of your community, your history,
51:11
and you advertise yourself as
51:13
a billionaire. If you're in
51:16
a rough talk to people who
51:18
felt heaven judged for
51:21
any reason, what advice do
51:23
you give from the lessons you've learned through
51:25
life, given the stigma that is
51:27
thrown at the jizzies and farts?
51:29
Okay. Right. Four
51:33
quick answers. Number
51:39
one, I don't believe in racism. I
51:41
actually don't believe that racism actually
51:44
exists. And
51:46
I'll explain my reasons why.
51:51
Number two, I never
51:53
told anybody that I was a gypsy up
51:56
until I was 18 years ago. Why
52:00
not? It comes with a
52:02
stigma, liars, cheats and things. I
52:05
am good at most of those. But
52:11
by the way, they're all true, just
52:13
so we're clear. And I'll
52:15
explain that. And
52:18
the last but not least,
52:22
I've always tell myself, I'm
52:25
having a great day. And
52:27
I have some bad days. But
52:30
I then look at those and go, nope,
52:32
the bad days are just learning days.
52:35
I've got, it is imperative,
52:38
imperative, we get up in the morning, no
52:40
matter what somebody throws at you
52:42
is, I'm having a great day. Now,
52:45
we have a problem, and
52:48
I'll start with this one in reverse, in the
52:50
UK. And
52:52
we are a country that
52:55
has semi-lost its way. And
52:59
it's lost its way in this point. The
53:02
culture used to be, stiff up a
53:04
lip. Good
53:06
old British stiff up a lip and you had
53:09
it. Now, all we
53:11
do is talk about the weather. And the
53:13
problem is with the weather in the UK, it's
53:16
sunny one day, cold the next, and now in the
53:18
next, wind in the next. Well, that
53:20
causes us to be in a poor mindset.
53:23
Because we get up, we don't know how to dress. You
53:26
look at most people in the room, we dress differently.
53:29
You go to Spain, you go to
53:31
Barbados, you go to somewhere where it's hot, everybody's
53:34
dressed at home, t-shirts shorts, different.
53:38
The UK puts us in a bag, oh, my
53:40
mum, I love her to death. I've told
53:42
this story before. I go there and it's hot,
53:44
oh my God, I can't stand this hot weather.
53:46
I go there and it's because it's freezing
53:48
to death. Oh, you're still yourself driving in this
53:51
rain. Everything's a problem. So
53:54
I now go, it's going to
53:56
be a great day. If
53:59
you do... that every
54:01
morning and through the day to yourself
54:04
and I'm not talking about
54:07
in some happy clappy somebody
54:09
asks you how are you every day is a
54:12
great day I will
54:14
only ever say that because
54:17
my mood affects
54:20
the outcome of that person's
54:22
response to me I'll
54:25
explain if somebody's
54:27
in a bad mood you can't wait to get away from
54:29
them if
54:32
somebody's in a good mood you're happy to discuss
54:34
with them they
54:36
have an effect on your business forget
54:40
the personal bit because I'm only business minded
54:42
my whole life is based around business
54:45
sad but that's just the way I
54:47
love it that's
54:49
the way I love it my life is
54:51
based around business so
54:54
now let's come to the elephant in the room that
54:56
I've just put out there I don't believe
54:58
in racism true
55:00
story I'm sitting down with
55:02
the Prime Minister of Barbados and
55:05
I'm Mia Motley an absolute wonderful woman
55:08
but let me tell you this woman doesn't
55:10
suffer falls like that she would
55:13
she's a personal friend and
55:15
I got to know her really well so the first
55:17
time we sit in there we talk
55:19
about and she's telling me about Barbados now
55:22
Barbados was a
55:25
plantation slave
55:28
plantation country and
55:31
she said to me she said you know
55:33
our fish said Barbados was the
55:35
last place to create
55:38
freedom I went really she would
55:41
because when the Americans abolished
55:43
slavery she said they
55:45
didn't tell us and it
55:48
carried on for another seven
55:50
years that's absolutely true she's
55:53
there was an incla and I went wow I was
55:56
horrified but we feel
55:58
up a real kindred spirit Because
56:00
I'm a traveller, now
56:03
I use the word traveller just so you're
56:05
aware, traveller carries a wide variety. It
56:07
means minx, it means pike, it means
56:09
traveller, it means gypsy. Okay?
56:12
And none of those words are derogatory, not even
56:14
pike. Pike is just rhyme and slang for
56:16
do as you like it. That's
56:19
what it means. It's only when you know the
56:21
context of it. So she
56:23
said, I said, I don't accept racism and
56:25
as far as I'm concerned Mia, it doesn't
56:27
exist. How
56:29
can you say that? Alfie,
56:32
I thought I was going to get a right hander. So
56:36
I said, because Mia, the
56:40
word racism was made up by some white man
56:43
who was taking the piss. She said, what?
56:45
I went, look, I
56:49
said racism stems from somebody that's
56:51
black. She said, in the context
56:53
of it, being a gypsy and being white,
56:56
I could always deny I was a gypsy. Get
56:58
away with it, you know what I mean? Until
57:00
they said, no, I saw him steal that silver weapon.
57:03
I think I'm bloody hell, they caught me again. So
57:07
I said, I said, no Mia, I
57:09
said, what happened was was this. Somebody
57:12
was being abuseful to
57:14
somebody who was black. I
57:16
said, and then
57:18
there was some other white guy there who turned
57:21
around and said, oh, don't stand for
57:23
that my good man. He's
57:25
being racist to you. And
57:27
the black guy said, what do you mean? Well, he's only
57:29
saying it because you're black. And then
57:31
that guy would go, you're absolutely right. You're saying
57:34
that because I'm black. He
57:36
was taking the piss. I'm
57:38
sorry. It's abuse. No
57:40
different than calling somebody ugly, fat,
57:43
thin and a wreck. They're
57:46
being abuseful. When
57:48
I'm called a stinking,
57:50
thieving, pikey, I
57:53
turn it on its head and I go, well, that's Chanel. And
57:56
I just stole your lady's heart. The
58:00
point is, don't accept what people throw
58:02
at you. And it took me
58:04
a long time to learn. Creed,
58:07
colour, race, deficit,
58:09
anything at all. What
58:12
somebody throws at you is their
58:15
own insecurities. Whether
58:18
you're black, white, disabled,
58:21
ugly. No,
58:25
ugly, doesn't matter. I've we
58:27
paid you yet. Yeah. Don't
58:32
allow people's indiscretions
58:36
to turn them into something they're not. Abuse
58:38
is abuse. Now,
58:43
I then went on and I said, Gypsies
58:46
come with a stigma, liars, cheats and
58:48
things. It's all true. Let
58:51
me explain. Gypsies,
58:53
30 years. 30
58:56
years ago, not so much now. Actually,
59:00
we're the poorest race of
59:02
people that lived in caravan on
59:05
the side of the road that had
59:07
coursing dogs that went out onto a
59:09
field and what they killed, they ate.
59:13
What would you do if
59:16
you were that poor to get by?
59:19
Would you steal or would you starve? Would
59:23
you lie to get by? Yes,
59:25
you would. And I've had people say,
59:28
well, I wouldn't. I go, well, that's
59:30
funny because there's a film at the moment of,
59:33
I think, 37 very
59:36
wealthy people on an airplane
59:38
that all turn to cannibalism. That's
59:40
called Snow. Trending
59:43
now, it's about the 37 rugby
59:45
internationals that
59:47
started eating each other just to
59:49
get by. You would be shocked
59:51
what you do depending on where your balance got on
59:54
the ladder. I'm not
59:56
saying it's right, but
59:58
I'm just saying it is factual. Would
1:00:01
I lie and cheat if I was that
1:00:03
poor? Yes I bloody would because
1:00:05
I'd make sure my family got fed first.
1:00:08
Am I a moral person now? Of course
1:00:10
I am. I can afford to then.
1:00:14
Sorry to put it to the blunt but
1:00:16
they're the facts of it and when
1:00:18
you're born into a middle-class family like
1:00:20
my children are, my son
1:00:22
says to me, well we're
1:00:25
the most honest honourable people he said
1:00:27
I'm not. No son you can afford to be honourable. Get
1:00:34
a grip. If you
1:00:37
were starving and you had
1:00:39
nothing you would be shocked at what you
1:00:41
would do to get it. People you
1:00:43
know talk about where they are
1:00:46
and give it a thing. I'd give a wide range
1:00:48
of this thing, a bloody honest one.
1:00:51
Sorry. That's nice. Oh good. Did you get
1:00:53
your answer there? Good.
1:00:57
Mark, this is Alfie. Pleasure. There's
1:01:07
a big question. How would
1:01:09
you think the NHS, using
1:01:11
the experience you have as
1:01:13
a patient, a father and
1:01:15
a visitor? Right, I
1:01:17
thought I was going to say what
1:01:20
size is your wife's name. Sorry, would
1:01:22
you ask me the question again? How
1:01:24
would you think the NHS,
1:01:27
using the experience you have
1:01:29
as maybe a previous patient, as a
1:01:32
father and a visitor? Okay.
1:01:36
I'm going to give you a
1:01:39
number one uncalculated
1:01:42
answer, number two an
1:01:45
unqualified answer and number three
1:01:49
a question that I would not like
1:01:51
and don't like to answer. Reason
1:01:54
I don't like to answer, I'm unqualified
1:01:56
to give you an answer and
1:01:59
that's why I do it. this country is semi-broken.
1:02:02
It asks people for
1:02:04
discussions and answers on topics
1:02:06
they know nothing about. I'm
1:02:09
now the bike rider and you're now the
1:02:11
helicopter owner is the
1:02:13
truthful thing. So I actually don't
1:02:16
know. I've never thought about it. I've
1:02:18
never looked beyond it and
1:02:20
I really don't want to particularly give an answer
1:02:22
on something I know nothing about. Ooh.
1:02:26
Um, come to my moment
1:02:28
Jamie. I'm going to come in here and
1:02:31
nick one. Um, I'll see. What one
1:02:36
thing do you think you
1:02:39
can attribute? There are probably many but
1:02:41
I'd like the one thing that's made
1:02:43
you really rich. I
1:02:46
swear this, it is not
1:02:48
anything to do with me being smart
1:02:50
or intelligent. It's just the work
1:02:53
ethic that I put in and the hours
1:02:55
I put in. I stay focused on
1:02:58
one thing and I'm consistent, consistent
1:03:02
on what I do and I make
1:03:04
myself an expert in that field. I'll
1:03:06
make myself the best
1:03:08
expert and I'll make sure
1:03:11
that I'm passionate about it. That
1:03:13
will always reap success.
1:03:16
If you take for instance, I
1:03:19
sell mobile homes. I sell mobile homes. I sell
1:03:22
mobile homes. That's what I do. I
1:03:24
believe in it because it's a solution to
1:03:26
affordable housing. I'm not even going to bring
1:03:28
that back up or whatever. I
1:03:30
have made myself a z-list
1:03:33
semi-celebratory. What
1:03:37
nonsense. But I sell mobile homes.
1:03:39
It's an impossibility but
1:03:42
I've made it sound sexy. That's
1:03:44
because I want to sell more mobile homes. Great
1:03:51
answer. Follow up question then. I'm
1:03:53
sure there are plenty of people who are hardworking,
1:03:58
focused, consistent. and
1:04:00
get good at something and
1:04:03
they may make a hundred grand a year they haven't
1:04:05
made a billion so what
1:04:09
thing in addition to that made you
1:04:11
really rich okay
1:04:15
of steps on a ladder what
1:04:18
I mean by that is this duplication
1:04:21
the moment you become the go-to
1:04:23
person whether it be in
1:04:26
the room in the company
1:04:29
in the world wealth
1:04:32
creates wealth it attracts wealth
1:04:35
people want to be around it whether
1:04:37
we like it or not we want to be around it my
1:04:42
point of turning point was
1:04:46
creating and this
1:04:48
is my secret creating
1:04:52
a cult my
1:04:54
business is run like a cult everybody
1:04:57
in my business believes in
1:05:00
the dream because the dream is true
1:05:03
everybody believes in it because
1:05:05
it's factual and
1:05:08
all of a sudden the people that
1:05:10
were never going to be entrepreneurs but
1:05:12
wanted to be great wanted
1:05:14
to be successful have now got
1:05:17
that chance to be successful by
1:05:20
being on the same ladder with me and
1:05:22
that grows into a tree that
1:05:25
tree then grows into a forest it's
1:05:28
about duplication but the duplication has
1:05:30
to be with you in filling
1:05:32
that in people and
1:05:36
somebody that doesn't get your dream don't
1:05:39
employ them don't
1:05:41
employ somebody just to do a job because
1:05:44
they're a box fella that are looking
1:05:46
at the clock waiting to get out the
1:05:48
door waiting to have you over by 20 minutes
1:05:52
because they think that's smart it's
1:05:56
the dumbest thing ever the reason
1:05:58
it's the dumbest thing ever anybody works
1:06:00
within my organisation,
1:06:02
if they steal five
1:06:05
minutes, I tell everybody in the room. I
1:06:07
tell everybody in the office, he's
1:06:10
just put five minutes on everybody else
1:06:13
here, because while he's skiving off, you're
1:06:17
paying for it. My
1:06:20
business is run for everybody and
1:06:23
you've got to instill that dream of
1:06:25
what you're trying to achieve. You can't
1:06:27
instill that dream if you don't
1:06:29
believe. And that's my secret.
1:06:33
This is Alfie, this is Jamie.
1:06:37
It's probably a very simple question to
1:06:39
be asked here, and if you're saying the
1:06:42
same answer,
1:06:44
that's cool. Say the same answer.
1:06:47
I want to deal with something really
1:06:49
big. I want to leave something, a
1:06:51
legacy, not much
1:07:03
to the kids and not have a
1:07:05
big impact. So I believe that answer
1:07:07
is very higher or much, much more
1:07:10
towards your level. And using your
1:07:13
analogy of the ladders, you've got to go
1:07:15
up the runs and everything. But I believe
1:07:18
that what it takes you to go to
1:07:20
a million year, and then go to five
1:07:22
million years, and then to 10 million years,
1:07:24
maybe isn't the same ladder to be climbing
1:07:27
to go, right, how do I go to
1:07:29
100 million years or even more.
1:07:31
So what's the key difference that
1:07:33
got you from zero to a
1:07:35
million and a million and a
1:07:37
billion? Okay, it
1:07:39
is a different question. There
1:07:43
is no difference, but
1:07:46
there's a breakthrough barrier. Now,
1:07:49
if I can ask you,
1:07:52
there's a breakthrough barrier. When
1:07:55
you operate as you, it's
1:07:57
you. You stop work. you
1:08:00
stop earning. Even
1:08:02
if you have multiple
1:08:04
income streams from property, all
1:08:07
it will do is stand still, growing
1:08:10
value. But all
1:08:12
the time you're on the bike or
1:08:15
in the helicopter pushing it, it
1:08:18
will grow. But there
1:08:20
is a breakthrough barrier what a lot of
1:08:22
people get to and
1:08:24
they can't get beyond it. I'll
1:08:27
tell you what that barrier is. Happens to a lot
1:08:29
of builders all the time. So
1:08:32
let's say for instance, if I can simplify
1:08:34
a little bit. I had
1:08:36
a drainage company. I
1:08:38
bought 50% of this company called
1:08:41
Southern Drains. They had five vans.
1:08:45
I operated it and got it to
1:08:47
15 vans. But to get
1:08:50
it to 15 vans, the
1:08:52
company made less profit because
1:08:54
I needed further staffing, better
1:08:57
operations. And what you find
1:08:59
is to really
1:09:02
be transparent within
1:09:04
your business. The
1:09:06
government puts legislation on you. You
1:09:08
now need to be audited. My
1:09:11
audit of my company is 150, just
1:09:15
an audit, 150,000 pounds on one company. So
1:09:18
now I've got this extra cost of three grand a week.
1:09:21
So you get this level, we got to 15 vans.
1:09:26
My business partner was going, I
1:09:28
thought you knew what you were doing. We're
1:09:31
making less now than
1:09:33
what we were making when we had five
1:09:35
vans. You're mad. And
1:09:38
it took me six
1:09:41
months of badgering him
1:09:43
and badgering him to
1:09:45
let me increase the cost again. And
1:09:49
we were at a point where we
1:09:51
were losing more money on
1:09:54
15 vehicles. And
1:09:57
that's what runners
1:09:59
do. have what they call the wall.
1:10:02
That is the business
1:10:04
wall. That's the business
1:10:06
wall. That's the, forgive
1:10:08
my language, the shit or
1:10:10
bust or you are
1:10:12
going for it. That's the level
1:10:15
when you need that level to
1:10:17
then create duplication. But
1:10:19
that's when you can fall over. Because
1:10:22
if the duplication doesn't come well
1:10:24
enough, see that first layer, what
1:10:28
is running 15 vehicles and
1:10:32
I pushed and I pushed, I got us
1:10:34
to 45 with the same layer.
1:10:36
Now we were making eight times what we
1:10:39
were making with five hands. Do
1:10:41
you follow me? But then that comes with
1:10:43
another challenge. Because your
1:10:46
sales team and these
1:10:49
are the points and these are the failings
1:10:51
that I've made in business. Employing
1:10:55
the best sales people
1:10:57
who are great. I'm
1:10:59
a great salesman. I'm a
1:11:01
great salesman. But
1:11:05
I'm not a good salesman.
1:11:08
A great salesman is the man that gets
1:11:10
the sale done, gets your name on the
1:11:13
dotted line and walks out the door. A
1:11:16
good salesman follows his customer's
1:11:18
journey. I'm
1:11:20
the deal maker. A
1:11:22
good salesman follows it through. I don't want
1:11:25
great salesman. I want good
1:11:27
salesman. I want good sales people
1:11:29
that care. They follow
1:11:31
the customer's journey. Do you know why?
1:11:34
He ends up making more sales. Because
1:11:37
he's not there for the kill. I
1:11:40
hate to say it. I am. I'm
1:11:42
like, you know, that's my makeup. You
1:11:44
don't really hate to say it. Yes,
1:11:46
because it's in me. It's in me.
1:11:49
But the truth is, the
1:11:52
good sales person, he
1:11:54
keeps his customers. They refer the
1:11:56
customers and they come on and on. great
1:12:01
salespeople that come in and sell
1:12:03
themselves, we train them and
1:12:06
we keep good people and I
1:12:08
use the word good people in good sales
1:12:10
I want them to follow that journey. I
1:12:12
haven't got the time to look after every
1:12:14
customer they have. That
1:12:17
was the next bite. So the
1:12:20
first bar is the runners
1:12:22
wall of settling
1:12:26
to take that chance to duplicate
1:12:28
again and that
1:12:30
suffering is hold on I've
1:12:33
got more employees I've got more vans
1:12:35
I've got more and I'm making less.
1:12:39
That's your part of where you are
1:12:41
building to then go
1:12:44
again and that's in you've got to have nerves
1:12:46
of steel and
1:12:48
that's why I'm I
1:12:51
don't want this to come across condescending
1:12:56
but what I have done in business I
1:12:59
wouldn't wish on anybody and
1:13:01
I wouldn't advise anybody
1:13:03
to do what I did. I
1:13:06
now do business a different way. I own
1:13:11
Europe's largest residential mobile home
1:13:13
park operation. We
1:13:16
are the biggest park operator in
1:13:18
Europe ever to exist. Our
1:13:21
closest competitor is 40%
1:13:23
of the size of us. 40%
1:13:27
we've got a hundred and twenty parks
1:13:29
119 parks and 16,000 residents just in one company.
1:13:35
I own a hundred percent of that company. I
1:13:38
would not wish on anybody to
1:13:40
do that the way I did it because on
1:13:43
my mother's life on my children's
1:13:45
life on my mother's life I never get
1:13:47
home alive. I physically was starving on
1:13:50
some days I was doing deals for a
1:13:53
million pounds because I was scraping I was
1:13:55
borrowing off of credit cards to pay that
1:13:57
deal. Jeff
1:14:00
Bezos owns 15% of Amazon.
1:14:05
It's one of the biggest companies in the world and he's one of
1:14:07
the richest men in the world because
1:14:10
I did this, it's mine, it's mine. Be
1:14:14
prepared to share. Be prepared
1:14:16
to bring an investor on board, an
1:14:19
investor that brings knowledge as
1:14:21
well as money. That
1:14:25
really helps and now that's how I
1:14:27
go to work and I don't suffer as
1:14:29
much pain. Does
1:14:32
that answer the question? Thank
1:14:34
you. No, brilliant answer. We'll
1:14:37
take one more. Jess,
1:14:41
this is Alfie. Hi, Jess. Can
1:14:43
you help me to make this? You're kind
1:14:45
of a big part of the
1:14:47
relationship of the way
1:14:49
with my mind is, if you
1:14:51
look back to your whole life, what
1:14:57
was your question or what happened
1:14:59
that caused you to vote? You
1:15:02
were right. So that's choosing what was the
1:15:04
biggest mistake because I've been mistaken.
1:15:07
You learn from, you didn't have to do it.
1:15:12
I'm not sure if I understand the question
1:15:14
correctly. It's
1:15:16
the question, what is something that
1:15:19
I've done, good
1:15:21
or bad, that caused me
1:15:23
to do my biggest growth
1:15:25
spurt? Yes,
1:15:27
something that caused the learning.
1:15:30
So it seems that
1:15:33
can also be something that, or
1:15:36
some people that can get trauma, that can
1:15:38
support my being. And
1:15:42
we can have things that are possible to
1:15:45
really look into that and then create
1:15:48
growth on that. It's
1:15:51
a real simple answer to be fair with you. I
1:15:54
bought a mobile home park called Saltmarsh
1:15:56
Castle. I paid... and
1:16:00
I'm lying to you, that was either 5.2 million or 4.6
1:16:02
million, and
1:16:05
I knew that the previous people had made
1:16:07
a mistake and allowed
1:16:10
the helicopter
1:16:13
pilot to sell the
1:16:15
bike. Let me explain. By
1:16:18
the way, that catapulted
1:16:20
my value of
1:16:22
the park from 5 million to
1:16:25
120 million in
1:16:27
a period of four months. This
1:16:30
is what happened. This particular mobile home
1:16:32
park is called Saltmarsh Castle. I
1:16:35
bought it from the bank
1:16:37
manager. Now,
1:16:44
this is what I said. I'll go back to your
1:16:46
question, what you said earlier, about asking a
1:16:48
question to somebody who's not compliant
1:16:51
to give you an answer. If
1:16:53
that person gives you an answer, he's
1:16:55
either very conceited or he's an idiot,
1:16:58
and he's an idiot to himself, and that would have
1:17:00
been me, I said, if I gave you an answer.
1:17:03
But the reason that
1:17:05
I'm saying this, I had an
1:17:08
educated person, honest, straightforward,
1:17:11
who actually somebody I would
1:17:13
go to for advice. And
1:17:15
this was the biggest learning curve that
1:17:17
changed my whole mindset. The
1:17:21
family, the
1:17:24
guy died, left it
1:17:26
in probate,
1:17:29
and
1:17:34
the administrator for the probate was
1:17:36
his bank manager, long-term
1:17:38
friend that he'd
1:17:41
known for 20 years to distribute it for
1:17:44
the family. He was a daughter and a son.
1:17:50
It's a 200-acre estate
1:17:52
on an old castle
1:17:55
that was blown up in the water,
1:17:57
owned by the Barnada family. had
1:18:00
planning permission which was called red
1:18:03
line blanket planning permission which
1:18:06
was pre 1960. I
1:18:09
read the paperwork and I knew this so
1:18:12
I kept thinking what's wrong with him what's wrong
1:18:14
with him because they were
1:18:16
selling it as a caravan park
1:18:18
with planning permission for
1:18:20
a hundred units so
1:18:23
at the time 100 units fifty
1:18:25
thousand pounds a plot is
1:18:28
worth five million pounds okay
1:18:33
so I'm constantly but the bank
1:18:36
manager was a great
1:18:38
guy good in overseeing this
1:18:40
business he wasn't an expert in
1:18:42
that field even
1:18:45
the estate agency who was an expert
1:18:47
in that field knew
1:18:51
but wasn't concerned why just
1:18:54
wanted his thing just
1:18:56
wanted his thing so
1:18:58
he didn't bother researching through the
1:19:00
documentation I
1:19:03
read it I applied
1:19:05
for a certificate lawful year to verify
1:19:07
what I was saying was correct which
1:19:09
came through and we
1:19:11
took the site from supposedly
1:19:15
a hundred units to one
1:19:17
thousand two hundred and fifty now
1:19:20
that means when the site is filled every
1:19:22
plot is worth fifty thousand pounds and we've
1:19:24
also got an extra hundred thousand
1:19:26
pound profit which we can take out of
1:19:28
the unit it'll take us 10
1:19:30
or 15 years to sell those but
1:19:33
we'll make a hundred thousand pounds times twelve
1:19:35
hundred and fifty which is 125 million and
1:19:37
when we're finished the site will be worth
1:19:39
67 and a half million so
1:19:42
we'll turn something from five million to
1:19:44
200 million that's the greatest thing
1:19:47
that's ever happened but what also
1:19:49
learned me and shook
1:19:51
me to my boots was get
1:19:53
the right answer of the right person and
1:19:56
that's why this country is not running right at the moment
1:19:59
we go out to the vote voting system and
1:20:01
asked me about
1:20:04
the healthcare. Hold
1:20:06
on, what's the, don't ask me. Ask
1:20:08
the people that work with it, people that
1:20:11
visit it, ask the right person to the
1:20:13
right answer. Don't ask the wrong person because
1:20:15
you like the look of his face or her look of her
1:20:17
face. I
1:20:20
know I take long with my answers, but I'd
1:20:23
like to make the point. Yeah,
1:20:26
I think it's important for you
1:20:28
to inspire me because you've come from a
1:20:31
certain place and
1:20:34
you've come from a place where you can
1:20:36
start asking. Well, I won the
1:20:38
lottery. It
1:20:40
was a rollover. John missed
1:20:42
that all out earlier. A
1:20:45
rollover. It
1:20:47
was a euros million, I think it was. I
1:20:51
think you'd agree this has been absolutely awesome. Please
1:20:53
give Alfie a huge round of applause. Thank
1:20:57
you, Alfie.
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