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The Iced Coffee Hour

Money Making Expert: You’ll NEVER See An Opportunity Like This – EVER AGAIN! | Daniel Priestley

The Iced Coffee Hour

Graham Stephan/Jack Selby

Entrepreneurship, Business

4.6679 Ratings

🗓️ 19 May 2025

⏱️ 150 minutes

🧾️ Download transcript

Summary

NetSuite: Take advantage of NetSuite’s Flexible Financing Program: https://www.netsuite.com/ICED Chime: Open your account in 2 minutes at https://tinyurl.com/ICHChime ZocDoc: Go to https://www.zocdoc.com/ICED and download the Zocdoc App for FREE Pestie: For 10% off your order, go to https://pestie.com/ich Follow Daniel Priestley : On Youtube - https://www.youtube.com/@DanielPriestley On Instagram -https://www.instagram.com/danielpriestley/ Website - https://danielpriestley.com/ X - https://x.com/DanielPriestley Add us on Instagram: https://www.instagram.com/jlsselby https://www.instagram.com/gpstephan Apply for The Index Membership: https://entertheindex.com/ Official Clips Channel: https://www.youtube.com/channel/UCeBQ24VfikOriqSdKtomh0w For sponsorships or business inquiries reach out to: [email protected] For Podcast Inquiries, please DM @icedcoffeehour on Instagram! Timestamps: 00:00:00 - Intro 00:01:00 - Is making money easier than ever 00:02:34 - Are people worse off than the previous generation 00:04:16 - Who are you 00:05:07 - Best opportunities today 00:09:07 - Does tech lower the barrier to entry to be an entrepreneur 00:11:08 - Who should not be an entrepreneur 00:18:19 - What makes successful people different 00:18:49 - Sponsor - NetSuite 00:22:32 - Key lessons from your mentor 00:24:12 - Gary's economics: what he got wrong 00:26:45 - Why inequality is growing 00:30:17 - Is tech making it harder to compete 00:38:00 - Sponsor - Chime 00:43:27 - LA mansion tax 00:53:10 - Success: luck vs. skill 00:54:46 - Do people lack common sense? 01:02:53 - Sponsor - Zocdoc 01:04:07 - Sponsor - Pestie 01:05:26 - Taxes 01:10:02 - Best country to start a business 01:13:01 - Tariffs 01:13:44 - Are we near a recession? 01:16:46 - Recession impact on entrepreneurs 01:21:14 - Is it worth buying a home? 01:28:09 - Future of the U.S. economy / dollar 01:32:02 - Main distractions and how to fix them 01:35:59 - Profitable business you dislike 01:36:56 - Are side hustles worth it? 01:38:30 - How to find viable business niches 01:49:25 - Who you go to for advice 01:50:09 - Work-life balance vs hustle culture 01:52:17 - If you started over today 02:00:28 - Are you happier after wealth? 02:05:24 - What wasn’t worth the money 02:08:06 - Advice for broke people 02:09:55 - A question more people should ask 02:10:51 - Bitcoin 02:12:27 - Rapid fire questions 02:17:45 - Worst financial advice you always hear *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

You just realized your business needed to hire someone yesterday. How can you find amazing candidates fast?

0:07.1

Easy. Just use Indeed. Stop struggling to get your job posts seen on other job sites. With Indeed

0:14.5

sponsored jobs, your post jumps to the top of the page for your relevant candidates, so you can reach the people you want

0:21.5

faster. According to Indeed data, sponsored jobs posted directly on Indeed at 45% more

0:28.4

applications than non-sponsored jobs. Don't wait any longer. Speed up your hiring right now with Indeed.

0:35.1

And listeners of this show will get a £100-pound sponsored job credit

0:39.1

to get your jobs more visibility at Indeed.com slash P-O-D-K-A-T-Z-5.

0:45.7

Just go to Indeed.com slash P-O-D-K-A-T-Z-5 right now

0:51.1

and support our show by saying you heard about Indeed on this podcast.

0:56.0

Terms and Conditions Apply. Hiring, Indeed, is all you need.

1:00.2

The penalty for being average has never been so severe, but the payoff for being great

1:04.7

has never been so high. What you need to do is find a way. When I first arrived in London,

1:13.7

I don't know anyone I've never been above the equator in my life.

1:17.8

And I thought, okay, I want to accelerate the time that it takes to be successful in this city.

1:20.6

I did four million pounds worth of sales in our first six months.

1:23.7

Spend time developing your own strategy.

1:27.7

Because in any economy, there are successful businesses and unsuccessful businesses.

1:32.7

What would you say right now are the main opportunities available? Technology is the advantage. If you're using AI to create stuff, now you can do superhuman work. I believe

1:39.3

entrepreneurship is the journey of a thousand pitches. A thousand average pitches gets you nothing

1:44.0

and a thousand great pitches gets you nothing,

1:46.9

and a thousand great pitches gets you $10 to $100 million.

1:50.8

If you were starting over today and you want to make a million dollars, how would you do it?

...

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