Overview

On this episode of Build Your Network, Host Travis Chappell interviews Dan Fleyshman the youngest founder of a publicly traded company in history, he then started an online poker company and is now an angel investor and helps people gain massive followings.

Topics Discussed:

• About Dan Fleyshman
  • He was born in Russia, moved here and hosted a swap/meet weekly with his parents.
  • He and his mother moved to San Diego when he was 8, he went into hustle mode to make money.
    • He started to sell candy at school and flipped every week.
  • He trademarked “Who’s Your Daddy.”
  • He went to the Magic Clothing Convention and set up a booth next to FUBU.
  • He looks at all the comments and reviews of any business he wants to invest in.
• Talk about trademarking “Who’s Your Daddy?”
  • He realized that none of the trademarks were there yet and they trademarked everything they could in as many places as they could.
  • They did the clothing side of things and licensed it out.
  • The whole ride was not perfectly uphill.
  • Started selling to department stores and chain stores.
  • Started an energy drink that tasted good under the same name.
    • They did a million in sales really quick.
    • They took it public and raised millions in one round.
  • Did you have limiting beliefs about money growing up?
    • He wanted to work his butt off and save money for college.
    • Everything was step-by-step for them.
  • How did your mother feel about this level of success?
    • He hired her multiple times.
    • His brother still does all of his accounting.
  • Tell us about your charity work.
    • It’s almost the 7th anniversary of the Model Citizen Fund making backpacks for the homeless.
    • It’s a 0% charity, he pays for absolutely everything and all donations go to backpacks.
    • This is his passion project.
  • Talk about the 1%.
    • People who are mad at the 1% are insane.
    • People who want to make money and do better for their family.
  • How do you make money?
    • It’s never been easier – dropshipping, rental property.
  • How will living below their means allow people to move up to the next level?
    • The more money you have to work with, it can then replicate and grow.
    • If you upgrade your lifestyle instead of investing, you lose a big investment opportunity.
  • How do you feel about a side-hustle?
    • He’s a big proponent and it’s the best time in history to do it.
    • People don’t need as much money anymore to get started.
  • What holds people back from being an entrepreneur?
    • Fear and themselves.
  • Talk about how you got into poker and some skills you’ve learned and applied to the business world.
    • When he was 18 he started playing poker because his family was in the business.
    • He would fly to Vegas on the weekends.
    • When he resigned from “Who’s Your Daddy” he started his own poker site.
      • This was before social media got as big.
    • The business side of it was the networking, he played poker to be around the people.
  • Talk about what are small, mid, and high stakes poker buy ins.
    • Small stakes is buy in for $100-200.
    • Mid stakes are $1,000 buy-in and you start to see interesting people.
    • High stakes poker is $10,000 and up buy ins.
    • There are tournaments where you can only lose what you bought in for.
      • You will meet a lot of celebrities, especially at charity events.
    • What are some tells you’ve learned during poker?
      • The poker table is all about human behavior.
        • Watch eyes and gravity (sitting up, slouching)
        • Body language, covering neck, etc.
      • How should people learn how to understand human behavior?
        • Google Joe Navarro.
      • Do you believe that what you know or who you know is more important, and why?
        • Who you know, you don’t need to know what other experts know.
        • You fast forward relationships, knowledge, etc. by who you know.
      • Tell us about a time where a connection led to a moment of success.
        • His best friend was the founder of Marvel Studios.
          • He threw a charity poker tournament on a cruise ship and his partner introduced him to a member of the foundation who became his best friend.
        • Last year a woman needed advice on how to throw a charity tournament.
          • He went upstairs and met the director of Arnold Schwarzenegger’s event.
          • He got to propose to his girlfriend while Arnold handed her the ring.
        • What is the #1 most important practice that has allowed you to build a network of that capacity?
          • He rarely asks for anything, he provides them things they can’t buy.
          • He throws his monthly events and charity events.
          • He sends people articles or things that are relevant to them.
          • He sends invites to events to people even though he knows they can’t come.
          • When he does ask for something, he’s very, very direct about it.
        • Talk to us about your event on September 1st.
          • It’s his birthday and he’s throwing his largest event ever.
          • 12pm start, 8 hours of speakers, all heavy hitters.
          • It’s being thrown at the Hollywood Palladium.
          • After all the speakers Wiz Khalifa will perform and from that point on it’s his birthday party.
          • All the speakers texted him asking what he wants them to talk about.

The Random Round:

• What profession other than your own do you think it would be fun to attempt?
  • Poker
• If you could sit on a park bench with anyone for an hour who would it be, and why?
  • Harry Houdini
  • He created infamy before there were any phones, tv, etc.
• How do you like to consume content?
  • Videos
• Give us a glimpse of your morning routine?
  • Wakes up and avoids phone for a few minutes
  • Goes through his phone and gets through emails and texts.
  • Gets everything prepped for the day.
  • No urgency to respond to everyone right away.
• What is your go-to pump up song?
  • All I Do is Win
• What is one thing you’re not very good at?
  • What he isn’t good at, he has people do for him.
• What is one place where we can find you the most?
  • On all social media @danfleyshman <- especially Instagram.

Tweetable Quotes:

• I’m obsessed with studying my competitors.
• It’s easy to make money once you have money.
• Rich people can buy whatever they want, but they can’t buy access, cool or information.

Resources Mentioned:

Buildyournetwork.co – Podcast website

BYN.media/fb – Facebook Group

elevatorbootcamp.com