One Minute Economics
Economics for Inventors
August 8, 2018
Intellectual Property
Intellectual Property for Inventors; What’s The Next Step For Your Idea?
September 7, 2018


David Meltzer is the former CEO of the legendary Leigh Steinberg Sports & Entertainment and the co-founder and CEO of Sports 1 Marketing, arguably the most notable sports marketing firm in the world.

He started with nothing and yet became a millionaire just nine months out of law school and a multi-millionaire by the time he was 32. But then he went broke, but then, he made it all back again, and now he is a successful serial entrepreneur and philanthropist who, through hardship, was forced to codify the rules of success.

To that end, everything that he and his business partner, Hall of Fame quarterback Warren Moon, has a charitable component, and this rule has only accelerated their business growth. Sports 1 Marketing is currently involved in projects surrounding many of the world’s biggest sporting events, including the Super Bowl, the Pro Football Hall of Fame, The Masters, and countless others.

Please take a second to look at his social media, and you can see why both Forbes and Entrepreneur named him one of the top keynote speakers on the planet, and Variety Magazine’s Sports Humanitarian of the Year.
Watch the podcast here!
 

Podcast Notes

1YouTube generated podcast notes, please excuse any typos.
hey hey Dave how you doing man thanks
0:03
for being on the show today carmine it's
0:05
my pleasure I'm really looking forward
0:07
to it thanks for having me
0:08
oh thank you man I know we don't have
0:10
too much time I know you're running
0:11
first off I want to thank you so much
0:13
your team is awesome dude like I sent a
0:15
request for you to be on the show like
0:16
instantly they're getting back to me got
0:18
you on the show got you scheduled I'm
0:20
like who are these guys it's called to
0:23
do it now philosophy so everyone in my
0:25
business including me we anything that
0:27
happens we have a question ask number
0:29
one can I do it now and if not it goes
0:32
into a do it now folder prioritize and
0:35
then we go to there so we're looking at
0:37
only our being a student or calendar but
0:40
in the blank spots in our calendar
0:41
that's an immediate place to go to we're
0:45
doing awful awesome man like I said we
0:52
we follow your stuff our interns here
0:54
and you know it's such a great feeling
0:57
to talk to somebody that's really doing
0:59
what they talk about I mean you live you
1:01
live the life you talk about yeah I do
1:05
and that's because previous to this life
1:08
that i'm living my past life I wasn't I
1:11
was like everyone else in fact warren
1:13
moon my business partner I put
1:15
unconditionally in my my signature line
1:18
and he always said what the heck is this
1:19
unconditional I said well I had two
1:21
choices one would be unconditionally
1:23
meaning I'm of service in fact my name
1:26
David Meltzer means beloved / waiter or
1:30
of service and then the other one was
1:32
hypocritically right that's the other
1:35
choice I can have and I just I don't
1:37
want to live as a hypocrite and I did
1:38
for so many years you know portraying
1:41
myself in one way and living myself
1:43
another that I work really hard the best
1:45
that I can to live at my truth I'm not
1:47
perfect at it you can bring up tons of
1:49
examples where I don't live by what I
1:51
tell you but I do my best and that's
1:53
nice that people appreciate hey that guy
1:55
you know the majority of the time Dave
1:57
Meltzer is who he says he is yeah well
2:00
no it definitely seems like that as I
2:02
said we we've read all your stuff we
2:04
follow your stuff and the good part is
2:05
is that you know you put it on to the
2:08
people like you're not saying hey I'm
2:10
gonna do this for you you're giving us
2:11
the information you give out the
2:12
knowledge you sell
2:14
people it worked for me if you do it
2:16
right it could work for you you know
2:17
you're not giving people you making them
2:19
do it on their own yeah I believe in a
2:26
key thing because if Ike if I give the
2:30
fish away right we're only gonna eat one
2:31
meat for a charity that's just giving
2:37
things away out I'm doing it and it's
2:39
about not giving away but I'm putting
2:41
others to empower others hmm no it
2:43
sounds cool I just love the stuff you do
2:45
what's it like working side-by-side with
2:48
somebody like Warren Warren Moon qb1
2:52
Kenobi it's an extraordinary not only to
2:55
work side by side with Warren but you
2:57
know I'm blessed to get work side by
2:58
side by some of the world's great
3:00
thought leaders as a member of
3:01
transformational Leadership Council we
3:03
market and work with Pro Football Hall
3:05
of Fame so it's all the Hall of Famers
3:07
running Leigh Steinberg I got to work
3:09
with the biggest names in sports media
3:13
you know having one of a top TV show and
3:15
podcast now I get to work with the
3:16
executives of networks and TVs and the
3:19
guys that entrepreneur are terrific all
3:21
those executives so just I believe that
3:24
surround yourself with the right people
3:25
the right ideas and when I started
3:27
living at a higher vibration I started
3:29
attracting the world's best at whatever
3:31
they did yeah you talk about attracting
3:34
abundance I'm a big believer in universe
3:37
the meditation and really thinking
3:39
positively I sometimes fall prey to
3:41
those negative thoughts you know and I'm
3:43
like doing why am i doing that yeah you
3:46
got to cancel them right like I believe
3:48
that if we're not controlling what we
3:50
think say and do initially they're just
3:52
gonna pervade our subconscious and those
3:54
are the 40,000 valuable thoughts because
3:56
other than ones that happen every day
3:58
without us thinking about it and if we
4:00
can control the 10,000 inputs a day with
4:04
all positive things it changes our
4:06
subconscious is what our beliefs are and
4:08
it actually can shift our energy and our
4:10
energy has two different kinds of energy
4:12
the energy that is inputted into our
4:14
system and the one that's given us by
4:16
our legacy our DNA and so I'm very
4:19
astute and I've worked really hard it's
4:21
studying both kinds of energy the kind
4:24
that we take on from watching the news
4:26
and listening to negative
4:27
reports and you know you start thinking
4:29
about what you don't have you're gonna
4:31
get more of what you don't have it's
4:33
that easy
4:33
ya know there's no doubt about it when
4:35
was a time when you realize you know I
4:38
talked about it and I know you talked
4:40
about it immensely you know the power of
4:42
positive thinking you know really can
4:45
taking control of your life you know
4:46
what a lot of people look at me like you
4:48
know he's crazy yeah I can I'm not gonna
4:50
do that stuff what was there a time when
4:51
you actually started believing that it
4:53
worked you know it actually was before I
4:57
went bankrupt
4:58
I believe it or not what happened was my
5:00
wife confronted me that she wasn't happy
5:02
because I wasn't being positive I was
5:04
surrounding myself with negative people
5:06
and negative ideas for the first time in
5:08
my life
5:08
most of the positive thinking came
5:11
naturally it was genetic you know was
5:13
passed down from my grandfathers and you
5:15
know I had one grandfather that he
5:17
called himself the top Toomas because he
5:20
wasn't even an optimist he was the top
5:22
to miss and I you know I called him Papa
5:24
so I started calling the pop the mist
5:25
which was even higher
5:27
it was the excellence of top Thomas and
5:29
so I come from the pop to miss family
5:31
and I ended up surrounding myself with
5:34
the wrong people the wrong ideas losing
5:36
my passion
5:37
losing my purpose and you know two years
5:40
before I went bankrupt you know that
5:43
loss of passion and loss of purpose made
5:45
me lose my profitability so I I really
5:49
had started having faith when I went on
5:52
my journey I call it my quantum shift
5:53
and I started meditating and even though
5:56
I lost everything two years after I
5:59
bought into it I it prepared me to
6:03
survive and create a new life for myself
6:05
in a very rapid and accurate way and i
6:07
really suggest me but has nothing to do
6:09
with the monetary pragmatic things going
6:12
in on your life it's you know the
6:14
analogy i use you know imagine falling
6:16
off a cliff and holding onto a branch
6:18
and you look up right your death is
6:21
behind a below you and you look up is
6:23
anybody there to help me and the
6:25
universe talks down and said yeah i'll
6:27
help you no problem let go and i'll
6:29
catch you you know it's not easy to let
6:32
go for years when i got in trouble I
6:34
would hear that from the universe I feel
6:36
it right trust me it's gonna be okay
6:38
about singer writes about in surrender
6:40
experiment
6:41
right let go let go and I would yell
6:44
backup anybody else up there that could
6:45
help me and I started surrounding myself
6:47
with the wrong other people instead of
6:50
just trusting it and once I started
6:52
trusting it like you said then you know
6:55
one month two months it wasn't easy you
6:57
know things weren't going well
7:00
and in fact I think it scared my wife a
7:02
little bit that I trusted it so much but
7:05
it happened and then you know now it's
7:08
easy because I've lived through the
7:10
whole thing and it's just part of my
7:12
being but you know go ahead work through
7:15
it trust it let go it's gonna slowly but
7:18
surely get easier for you but don't stop
7:21
trusting the universe yeah yeah I agree
7:24
100% there's no doubt about it and
7:26
what's great about from ours our side
7:29
watching what you do is like you kind of
7:32
have on from what weird where we said
7:33
the best of both worlds you get to hang
7:35
out with the greatest sports people and
7:36
the greatest business people I mean that
7:38
feeling when they're together must be
7:40
awesome
7:41
I am manifested something awesome you
7:43
have an eye and I'm glad that people
7:45
appreciate it but they can do it for
7:46
themselves and it it's it's an energy
7:49
more than what the people are doing
7:50
because it's like I said it's not only
7:52
the top business people it's the top you
7:54
know media like you know one that sports
7:57
humanitarian world and I'm with Morgan
7:59
Freeman Matthew McConaughey Seth Rogen
8:01
Gina Rodriguez and I'm sitting here
8:04
going in fact that was my acceptance
8:06
speech for my award I'm like I know
8:07
you're asking two questions one who the
8:09
hell are you
8:10
and two why would they give a sports
8:12
agent a humanitarian in the world right
8:14
and Morgan Freeman he loved my speech
8:16
and Matthew who went right behind me
8:18
when I got offstage he goes that was the
8:20
best one of all night and you know it's
8:23
really about if you elevate your energy
8:26
your frequency and you you know truly
8:28
pursue the potential that high potential
8:32
that you have pretty soon you'll start
8:33
surrounding yourself and attracting
8:35
people that carry the same energy that
8:37
you do and yes I am manifesting
8:39
something extremely special people asked
8:42
about how do you work so hard I don't
8:43
work right you get this if you love what
8:45
you do you're not working so follow your
8:48
passion
8:48
make sure you have purpose and then
8:50
since we live in the real world make it
8:52
profitable
8:54
like you said there's nothing wrong with
8:55
making money have some fun but you know
8:58
deliver and be passionate about what you
9:00
do and help people right and so it's why
9:03
you want to make the money that changed
9:04
my life I made the money with no purpose
9:06
before I made money originally with the
9:08
purpose I wanted to buy my mom a house
9:10
and I wanted to buy my mom a car that
9:12
was my purpose I grew up broke I want I
9:14
want to help my mom I still choked up
9:16
just saying it and then I lost my
9:18
purpose but I was so profitable I'm good
9:20
at it pretty soon all I had was
9:22
profitability no passion and no purpose
9:24
and the universe taught me a valuable
9:26
lesson right gave what's find your
9:29
passion find your purpose and then use
9:31
that profitability for your passion and
9:34
your purpose which is to me elevate
9:36
others to elevate themselves yeah it's
9:39
awesome it's awesome tell me a little
9:41
bit about the unstoppable foundation
9:43
that you have going you know ten years
9:46
ago Cynthia Kersey on her 50th birthday
9:48
founded it had a birthday party with
9:50
some really famous people and said don't
9:52
give me gifts I want to help these kids
9:54
in Africa and she built an empowerment
9:57
community with water and education and
10:00
fiscal and health all the five pillars
10:02
that everybody needs and she taught them
10:04
how to do it now after 10 years 75,000
10:08
people have been impacted and I'm
10:10
blessed to be the chairman of the
10:12
foundation even more blessed
10:14
although Cynthia looks younger than I do
10:15
ten years later I'm turning 50 and I'm
10:19
doing 50 birthday parties across the
10:22
world everywhere from Australia to Hong
10:24
Kong to Texas and I'm raising money to
10:27
build empowerment centers so that those
10:30
people that could go to the schools that
10:32
don't have the food water etc they can
10:34
go to the community center and they can
10:37
learn from people that we taught on how
10:39
to do this and so creating you know it's
10:41
pretty funny I'm kind of like the lion
10:43
king of empowerment by creating a circle
10:50
other can power others it's been a
10:52
big-ass pressing of my life and anyone
10:53
wants to learn more you can either
10:54
Google me
10:55
or even text five five five eight eight
10:57
eight just text the 5455 0fo r50 and you
11:05
can easily help me anyway
11:06
i live my life to help help others so
11:09
well yeah you're proving that everyday I
11:11
mean you'd be able to wake up and say
11:13
I'm helping people I mean being able to
11:15
help people around the world I mean what
11:17
a feeling it's great any you know my
11:19
wife's just looking at me like are you
11:21
kidding so I wake up at four o'clock and
11:23
I have a lot of time to answer
11:26
you know DMS and LinkedIn's and all in
11:28
it's like all these people are I had a
11:30
call from Netherlands today and the guys
11:32
like same thing my whole office follows
11:34
you Dave and they're all in one room on
11:37
a speakerphone we have a list of
11:38
questions and you know I have a 520 rule
11:40
that's why I keep my podcast to 20
11:43
minutes right meetings are 20 phone
11:45
calls are 5 and I'm doing my best and I
11:48
think people appreciate the fact that
11:50
hey the only reason I'm cutting this
11:52
short is I please allow me to help other
11:54
people as well and hopefully I can get
11:56
enough done in 20 minutes yeah oh yeah
11:58
you're exactly right I mean your podcast
12:00
is awesome tell us a little bit about
12:02
him you have some great guests on there
12:03
yeah you know a great frequency but the
12:06
the podcast is about bringing higher
12:08
vibrating people to their play books to
12:11
success because I want people if you
12:13
listen to the 50 or so that we have
12:14
everything there's some common themes in
12:17
there and I believe the most common
12:18
theme in the play book to success
12:20
besides pop them is amor optimism homage
12:23
to my grandfather is the consistent
12:26
everyday persistent without quit
12:29
enjoyment of the pursuit of your
12:31
potential if you listen to everyone
12:34
basically everybody has ups and downs
12:36
and these are the world's greatest right
12:38
I'm gonna have my my thing right here I
12:39
was just showing right the greatest in
12:42
the world
12:42
that's written Luis Danica Patrick Gary
12:45
Vee yeah all there right Tony Hawk
12:48
Jeremy Lin that's just a few we've got
12:50
but they all have the same story was not
12:53
easy you know they all talk about being
12:55
an overnight success your overnight
12:58
success in 20 30 sometimes 40 years
13:00
you're an overnight success yeah no
13:02
doubt about it we hear about it over
13:04
my success after it's been 10 15 years
13:07
no doubt it just doesn't happen you know
13:10
yeah Zuckerberg wasn't an overnight
13:12
success and he was young man to know
13:15
that you know our our audiences new
13:17
entrepreneurs or inventors and that's
13:19
why it's so great I wanted to have you
13:21
on so they realize that there's no
13:22
shortcuts man there's no you got to work
13:24
hard you want to be successful when you
13:27
still got to work hard yeah and like I
13:29
said why does it have to be hard work
13:31
you got to work yeah it's right yeah
13:33
let's call it work cuz you don't
13:34
manifest that for yourself either
13:36
carmine right no you got to work you've
13:39
got to take action you got to work but
13:41
you know work smart
13:43
we're Cappy we're conspired we're
13:45
passionate we're giving but you got to
13:48
work man you can't sit at home high on
13:49
your mom's couch thinking and dreaming
13:52
about getting it done you just gotta
13:54
work yeah there's no doubt about it
13:58
no dad and that's what I love you know
14:00
going through your book like I said we
14:02
give it to all of our interns we read it
14:03
you get is it true everything you go
14:05
through because you lived it it's it's
14:07
something that people can follow because
14:09
you're just not making these words up
14:10
right yeah no IIIi I kind of cheated the
14:15
universe right because I'm just
14:16
explaining what I feel about what
14:18
occurred to me I didn't make up some
14:20
story or some philosophy and I've also
14:22
you know done my due diligence I'm more
14:24
interested than interesting I've read
14:26
Think and Grow Rich so many times I've
14:28
read Wayne Dyer you know I've read all
14:31
of these great things I listen to other
14:33
people you know some of my mentors like
14:35
Bob Proctor Cynthia Kersey you know Gary
14:38
Vee guys and women you know Mary
14:41
Morrissey like these people are
14:43
incredible and they're so gracious to
14:44
allow me to ask questions
14:46
Blaine Bartlett who I wrote
14:48
compassionate capitalism with and then
14:50
give me insight and then I transcode it
14:52
back down to the you know eighth grade
14:54
football recruiter education that I have
14:56
in order to appeal to the masses yeah
14:59
there's no doubt and it definitely works
15:02
there's no doubt I love how you take it
15:04
you ding your podcast and then you're
15:06
then you're doing you're on the elevator
15:07
pitch I love the I love the show I see
15:09
you on the show and you seems like
15:12
you're having so much fun oh that's all
15:14
it is
15:14
I launch in season 3 September 12 so
15:18
got 12 new episodes that are better than
15:19
ever and don't tell anyone but I think
15:23
I'd pay money to be on the show it's so
15:24
good it's I feel like George Brett
15:27
playing baseball I love that show it's a
15:29
ton of fun but it is true one of the
15:31
most exhausting things for me to record
15:34
it takes a lot out of me to be on for 12
15:38
straight episodes it's crazy yeah well I
15:40
see I watch the show and and it seems
15:42
like you want to help every person and
15:45
and the other investor the cast the
15:48
other one say no but you you keep going
15:49
but I want to help him I do why and
15:52
that's part of the show right we're
15:53
shark take with soul this next season -
15:56
I get a little bit more critical but
15:58
it's still the show's built to help
16:00
people and I'm blessed to be the
16:01
executive producer of the show own part
16:04
of the show so I built that show with
16:06
Bill Shaw the president of entrepreneur
16:08
to help people that's why the show was
16:11
built and it was the number one digital
16:13
business show so we're doing okay we're
16:14
doing something right oh no no doubt
16:16
about it you're definitely doing
16:18
something riot II just I like watching
16:19
it because it's just a lot of fun it's
16:21
funny it's not a lot of pressure even
16:23
the people in yellow right they're
16:24
having fun yeah we hope so so people get
16:27
really nervous and then I feel bad like
16:29
yeah but you know that's part of the
16:32
experience and we love the show
16:34
come tune in again you know September 12
16:37
season 3 very good well Dave listen man
16:40
I know you got to get going I really
16:41
appreciate you being on today and you
16:44
know we'll catch you next time we'll
16:45
keep watching reading your books will
16:47
watch the podcast and it's a lot of fun
16:50
and I do appreciate your time a friend
16:52
anything thank you so much remember
16:54
support the causes be kind be of service
16:57
share my content you know that I don't
17:00
sell anything on it it's just to help
17:02
people so please share the word whether
17:04
they love it or hate it they're gonna
17:05
learn something so please the more you
17:08
share it the better it is for me and
17:09
Carmen I'll come back on anytime thanks
17:11
for the 20 minutes thank you my friend
17:12
you take care thanks take care

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