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The James Altucher Show

Ep. 40 - Seth Gold - Hardcore Pawn

The James Altucher Show

James Altucher

Education, Business

4.6 • 2.7K Ratings

🗓️ 4 September 2014

⏱️ 38 minutes

🧾️ Download transcript

Summary

If you are familiar with TruTV and their hit show Hardcore Pawn, then you already know todays guest.Seth Gold, a fourth generation pawnbroker joins The James Altucher Show to share his insight into the pawn business.Have you ever walked into a pawn shop?If you have, you probably didn't think of the establishment as a bank. But that is exactly what they are. They are banks for people that don't have bank accounts and Seth breaks down why the business is so lucrative.Could this be the industry for you to start a business in?Here you get the real story behind one of the most successful businesses out there.Today Seth demonstrates the art of negotiating in a way that you won't hear anywhere else.Starting at the very bottom and going on to be named the 2013 National Pawnbrokers Association Pawnbroker of the Year, you get to hear the real success story straight from the source.Seth is living proof that if you do what you love, and put in the time and effort, success will follow. ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

This isn't your average business podcast and he's not your average host.

0:06.5

This is the James Altature Show on the Standsbury Radio Network.

0:19.0

This is James Altature thanks again for coming to the James Altature Show.

0:23.0

I'm very excited about this guest and I hope you know who he is named Seth Gold.

0:28.5

He's the star of the show Hardcore Pond along with his father less and his sister Ashley.

0:35.7

And Hardcore Pond has 3 million viewers a week.

0:39.6

It's on the channel True TV.

0:41.2

It's one of the most, I think they're in their eighth season.

0:43.4

It's one of the most popular cable shows ever.

0:45.8

I mean I think there's only one or two shows that have been, have run for more seasons

0:50.5

in the history of cable.

0:52.4

And I'm excited to talk to him because I want to learn about not only the pawn shop business

0:57.7

which is a huge sector of the economy.

0:59.8

Like there's a few public pawn shop companies and I always think these are great investments

1:04.6

because you'll see from me talking to Seth.

1:07.5

It's really hard to lose money in this business.

1:10.3

And also the one thing that you learn in the pawn shop business is how to negotiate.

1:16.1

And Seth gives his tips on negotiating.

1:19.3

So I use these tips to educate my kids.

1:23.0

So I hope you listen to this show and learn and enjoy.

1:28.0

Seth thanks for joining me on the show.

1:30.3

Absolutely thanks for having me.

...

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