What Do you think Jayo should do with his $100,000? | Tea with GaryVee In Depth Convos❤️

4 Apr 2025 · 9 min

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Episode Summary

What Do You Think Jayo Should Do with His $100,000?

Podcast Overview

  • Host: Gary Vaynerchuk
  • Format: Mix of interviews, speeches, and discussions on entrepreneurship and marketing.
  • Theme of the Episode: Decision-making in entrepreneurship, specifically about investing in a house versus starting a business.

Episode Context

  • Guest: Jayo, a former top general manager at Papa John's, currently at a career crossroads with $100,000 saved.
  • Main Dilemma: Should he invest in a pizza shop or purchase a house?

Key Themes and Discussions

Jayo's Background and Current Situation

  • Jayo took time off to spend with family in Brazil, which he values highly.
  • He is torn between two significant options:
  • Opening a pizza shop: He has the experience and a strong desire to succeed in this venture.
  • Buying a house: A safer financial decision that he feels societal pressure to consider.

Gary's Advice and Philosophy

  • Belief in Risk-taking: Gary champions the idea of betting on oneself and pursuing entrepreneurial dreams.
  • Confronting Fear: He pushes Jayo to examine whether his hesitations are rooted in logical thought or fear of failure.
  • Support vs. Defense: Gary points out that while Jayo's mom supports him, her advice is based on a protective instinct rather than entrepreneurial ambition.

Arguments for Opening the Pizza Shop

  • Experience and Knowledge: Jayo's background gives him an edge in understanding food and labor costs.
  • Willingness to Work Hard: Jayo expresses a strong work ethic, indicating he is ready to commit long hours to make the pizza shop successful.
  • Market Potential: Discussion of the demographic and market size Jayo could target with the pizza shop.

Counterarguments and Societal Expectations

  • Gary challenges Jayo's belief that he needs a safety net (i.e., buying a house) instead of pursuing his dream.
  • Emphasis on the societal pressure to play it safe and how it can stifle entrepreneurial spirit.

Key Takeaways

  • Entrepreneurial Mindset: Embrace risk and follow your passion, especially when prepared and knowledgeable about the industry.
  • Confronting Doubts: It's essential to distinguish between rational decision-making and fear-based hesitations.
  • Long-term Reflection: Gary warns Jayo that he may regret not following his entrepreneurial aspirations in the future.

Conclusion

  • The episode concludes with Gary reiterating his belief that Jayo should open the pizza shop, suggesting that this is the path that aligns with his passion and capabilities.
  • Gary expresses concern about Jayo's inclination to go with the safer option (buying a house) and emphasizes that such decisions could lead to lifelong regrets.

Final Note

  • This episode serves as an inspiration for anyone facing similar crossroads in their entrepreneurial journey, emphasizing the importance of following one's passion and overcoming fear.

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Transcript

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0:28Good morning, good morning, good morning. I was a top general manager there. Now, a lot has happened. I ended up leaving Papa John's and spending time with my mom in Brazil. It's making me very happy because you only got so much time with your family. You know what I mean? That's amazing. That's amazing. That's exactly right. I got to get back to work. You know what I mean? So I got like a little over 100K saved. And I'm like, damn, do I open up a pizza shop or do I mortgage a house? You know what I mean? And the risk of opening a pizza shop. Now, I was a top general manager. I was strong with food and labor.

0:59so I know I can keep my costs down. But damn, if this was my last 100K, would I open up a shop or would I mortgage out a house? Listen, first of all, you're fucking awesome. Straight up. Okay. Like I fucking love all your energy right now. I go on my intuition. I'm telling you right now, fucking the family vibes, I fucking love it. You're exactly right. Spending time with moms in Brazil, it's so proper. You'll never regret doing it. You'll never regret it. I'm so glad you did it. I also get that you're young and hungry and ambitious and you're ready to get back to work. You're getting antsy. You're ready to build.

1:32I believe that you want to open the pizza shop, but you think the right thing to do is buy the house. That's what I believe. Yeah, I definitely want to open up a shop, but I just feel like the house is the way to go. Why? Because what if it's the only last 100K I ever have? You know what I mean? I can mortgage out a house. Bro, bro. And have a roof over my head. You know what I mean? You can rent an apartment and have a roof over your fucking head. I have an apartment already I bought for 85k it was a good move I saved up some money from Papa John's and some money my dad left me before he passed away I'm sorry about your loss bro listen to me listen to me I'm confused now you already got an apartment but you're trying to buy it and you own an apartment right you better fucking open up a pizza shop J or I'm gonna beat your fucking ass you motherfucker get the fuck out of here J build a fucking pizza shop bro Because people ask me, they say, would you do, would you, because I love dogs, you know, so they say, would you open something up with dogs?

2:32I'm like, no. Would you open up a steakhouse? No. Would you open up a gym? No. But would you open up a pizza shop? It's like, yeah, I would. Do you think you can fucking build a successful pizza shop? Do you know how to find a prop? I do. Do you feel like you know how to run one? Do you think you know how to find a good location so you're not fucked from the get? Of course. I looked at the location. It was like, damn, I got like an area of about 450 ,000 people I could deliver to. and that's just delivery, you know, there's carry out. Where would you build it? It'd be Lauderdale Lakes. Papa John's Lauderdale Lakes makes 60K a week.

3:06If I can make half of that, I'm good. What about a fucking pizza truck first with a little less risk and a little bit more mobility? Thoughts on that? I don't know if I would get a truck. I would rather put it to a location. I get it. Listen, I actually think neither is exactly right. what's right is what's right for you. J.O., listen to my face. Open the fucking pizza shop. I hear you. Bro, you can live in an apartment for your whole life. Let me ask you a quick question. Mm-hmm. How many hours are you going to work in that pizza shop when you open it? Oh, I'll dedicate my life to it. When I was a worker, I worked 50 plus, sometimes even 70 hours.

3:45I made over$1 ,000 as a shift leader in a week. Bro, are you in for a buck 50 a week? week? 150 hours? Yes, motherfucker. I mean, yeah, I do whatever I got to do. So what are we even talking about here? I mean, I'll sleep at the shop if I have to. No shit. I can see it in your fucking eyes. So now explain to me what the fuck are we talking about? I have a funny feeling what we're talking about is people around you, well-intended, want you to play defense. is right. Listen to me. You need to open this pizza shop because you know what to do. Yeah, I hear you. I hear you. Who doesn't want you to open the pizza shop?

4:28Tell me of that. No, there's no one. I got a lot of support. My mom supports me, but she thinks the house is a better move. Of course she does. She's your mom. That's what moms are supposed to do. Moms play defense. Entrepreneurs you look up to play offense. so who are you? An entrepreneur or a mom? I hear you I hear you You could be a mom later You own a fucking apartment you can live in it for the rest of your life don't give me that I need a fucking roof over my head you got a fucking roof over your head Right, right, right You're triggering people that don't have roofs over their head Right, right, right You're willing to work 100 plus hours a week you fucking did the craft You know the business.

5:17I went to school for hospitality, so it's my industry. I don't give a fuck about school. You fucking lived it. I don't give a fuck. If you told me you went to school for hospitality, I'd tell you to buy a fucking house. I hear you. You fucking worked. Yeah, I did. You tasted it. You know what it is. You watch those people roll into that fucking store. Yes. And eat that below average pizza. Are you going to make better pizza? I mean, I believe so. How do you believe so? That shit's average, my guy. Yeah, yeah. No doubt. No doubt. I definitely can make better pizza. Let me get this straight. You own an apartment.

6:01You have 100K saved. How old are you? 28. I'm thinking about doing this at like 29, 30. You're 28. You know exactly what to do. You're willing to bleed out of your eyes. and what you're thinking is you're gonna buy a house. You got a family? Yeah, I got a family. How many people? It's me, my mom, my little brother. So they're gonna live in the house? Well, my mom has a house too. She rents out. And then I have a house in Brazil and another apartment. Bro, I'm gonna punch you in your mouth.

6:40You better, my man, you better open up that pizza shop and I'm telling you right now, I love your mom's, but I'll take her heat. I ain't scared of her. Open up this fucking pizza shop. I hear you. No, I don't. I appreciate the advice. No, no, no, no, no, no. I don't like that energy. That's that, you're appeasing me and we're moving on energy. I need the, holy fuck, the fuck was I thinking about the house energy from your mouth. Make pizza, bro. I hear you. I can make like about a grand a week delivery driving or going back to a general manager position somewhere. No shit. Do that after your pizza shop fails, motherfucker.

7:17No shit you can make a thousand doing that. That's your backup plan, not your fucking forward plan. I hear you. Do you? Yeah, I hear you. Bro, if you don't open a pizza shop, I'm gonna lose my fucking shit.

7:34Yeah, I hear you. You're gonna build a multi-million dollar business for yourself. Your life's gonna be 30 ,000 times better. You're gonna have more financial freedom. you're gonna put your mom you're gonna take care of your moms in perpetuity and your brother and your future spouse and your fucking kids if you decide to have them and everything. Right, right. Build your fucking business you know what to do you can take the risk and if the money goes to zero don't blame me just fucking wipe your tears and go make a thousand dollars a week. Of course. The fuck are we talking about here? I really like listening to you giving me a lot of inspiration.

8:09I appreciate that J.O. but now you have to act on it. No doubt. Are you going to hang up and in two days forget all this energy and then buy a house? Tell me the truth. I just need to know. I don't know. I'm really into this house idea. This really got me like damn. I could have a house at 30. Good. Buy a house. And invite me to the house. Yeah. Good, bro. Buy the house. That's what you should do. I appreciate it. Invite me to the house opening so I can come there and shit on you verbally. I love you, bro. Good luck. Oh, by the way, JL, let me give you the preview. When you're 60, you're gonna think about this conversation your whole life and regret not opening the pizza shop.

8:51I just need you to know that right now. I don't know. I don't know. Good news, I do know. I'm telling you right to your fucking mouth. You were gonna think about this conversation your whole fucking life if you buy this house and regret it your whole life. I'm telling you to your fucking face. I hear you. Okay, good. I hear you. Love you. No problem, see you. No problem, see you. Fuck! All right, let's move on. Another one lost at sea. God damn it.

9:18If you guys liked this segment from today's episode, be sure to listen to Tea with Gary Vee, episode 73, coming out sometime over the next few weeks. We will see you then.

From the publisher

Enjoy this sneak peek of the next episode of Tea with GaryVee!


Should you buy a house—or bet on yourself?
In this powerful conversation, I talk with Jayo, a former top general manager at Papa John’s who’s at a real crossroads: he’s got $100K saved and is torn between investing in a house or chasing his dream of opening a pizza shop.

I don’t hold back in this one. Jayo’s got the experience, the hunger, and the heart—and I push him to confront the real reason he's hesitating. Is it logic… or fear? We break it down, challenge some limiting beliefs, and get into the truth about taking risks when you’re built for it.

This is for every entrepreneur who's ever been scared to leap, especially when they’ve already done the work and know deep down they’re ready.

💥 If you’ve ever played it safe when you knew you were meant for more—you need this episode.

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