This week on Earn Your Leisure, Jeff Frommer shares the real story behind building and selling his $75 million podcast production company — and why big exit headlines don’t always tell the full story. He opens up about waiting on $65 million in stock from the deal, the dark side of acquisitions, and why pushing for cash can protect your future.

We also break down why trust is the ultimate currency in business, when creators should negotiate equity, and why ownership is still the real American Dream. Plus, Jeff explains the vision behind Owm.ai and how it’s helping creators gain more leverage in the modern economy.

Invest Fest Tickets: investfest.com

Invest Fest Pitch Comp: https://investfest.com/pitch-competition/

Red Panda: Ianinvest.com

EYL University: https://eyluniversity.com/

#EarnYourLeisure #JeffFrommer #Entrepreneurship #CreatorEconomy #Equity #Ownership #Business #WealthBuilding

See omnystudio.com/listener for privacy information.

Should you buy stocks under $20? We break down why most cheap stocks are cheap for a reason, what actually matters (volume, fundamentals, moat), and why focusing on 4 to 6 great companies beats chasing “the next 20 to 200” story.

Subscribe and watch more videos here: https://www.youtube.com/@EarnYourLeisure

Join the EYL community for deeper training and a more detailed approach:
https://www.eyluniversity.com

Join the number one stock club in the world:
https://www.ianinvest.com

Invest Fest | August 7-9, 2026
Grab early bird tickets now: https://www.investfest.com

See omnystudio.com/listener for privacy information.

Sell a long term position when one of these is true:

• You already hit your “freedom number.” If the goal is reached and you are locking in lifestyle security, reducing risk, or shifting into more stable assets, selling can make sense.

• The fundamentals broke, not just the price. Revenue model changes, margins deteriorate, leadership issues, regulation, or the company loses its edge. If the business is no longer what you originally bought, it is not a “hold,” it is a new decision.

• They lost their moat and fell out of the top tier. If they are no longer one or two in the space, and competitors are clearly winning, that is a real reason to exit.

• Permanent capital loss risk is rising. Too much debt, weak balance sheet, dilution, shrinking market, or “hope” is the strategy.

• Risk rules were violated. If you use a stop-loss or max drawdown rule (example: 25%), you follow it. A long term timeframe is not an excuse to ignore risk management.

• Opportunity cost is too high. Even if it might recover, your money could work harder elsewhere in a stronger business or better trend.

In short: Do not sell just because you are scared or because the headlines are loud. Sell when the goal is met, the thesis changes, the moat is gone, or risk management demands it.

Subscribe and watch more videos here: https://www.youtube.com/@EarnYourLeisure

Join the EYL community for deeper training and a more detailed approach:
https://www.eyluniversity.com

Join the number one stock club in the world:
https://www.ianinvest.com

Invest Fest | August 7-9, 2026
Grab early bird tickets now: https://www.investfest.com

See omnystudio.com/listener for privacy information.

They debate “top 3 long-term holdings” and then pivot into a bigger conversation about Tesla and humanoid robotics.

One side picks Amgen, Eli Lilly, and Google as a 5-year core because healthcare demand is steady, those companies “print money,” and Google adds durable tech exposure with less drawdown risk. The other side counters with Nvidia, Google, and TSM (and briefly considers Tesla as a high-upside 5-year bet).

From there, the discussion turns into a push-and-pull on Elon and Tesla’s pivot: supporters argue Tesla is really a software, robotics, and autonomy play and that Elon knows how to pick the next dominant category; skeptics argue it’s speculative, Tesla’s car business has weakened, politics could create backlash, and founders like Elon get more forgiveness (and access to capital) than most entrepreneurs.

They end by agreeing robotics is real and coming, especially for factory and repetitive work, but questioning the extreme forecasts like “hundreds of millions” of humanoid robots in the near term.

Subscribe and watch more videos here: https://www.youtube.com/@EarnYourLeisure

Join the EYL community for deeper training and a more detailed approach:
https://www.eyluniversity.com

Join the number one stock club in the world:
https://www.ianinvest.com

Invest Fest | August 7-9, 2026
Grab early bird tickets now: https://www.investfest.com

See omnystudio.com/listener for privacy information.

Subscribe and watch more videos here: / @earnyourleisure Join the EYL community for deeper training and a more detailed approach: https://www.eyluniversity.com Join the number one stock club in the world: https://www.ianinvest.com Invest Fest | August 7-9, 2026 Grab early bird tickets now: https://www.investfest.com

See omnystudio.com/listener for privacy information.

0:00 Intro at Park in DC + meet Mark Barnes
2:05 What Park is and why the location is elite
4:40 Club Dream/Love legacy and DC nightlife dominance
10:10 Customer service mindset: cleanliness, staff, experience
20:05 Origin story: messenger business, meeting Russell Simmons and Andre Harrell
22:30 Legendary house party that changed everything
41:40 Building Dream: buying the building and the renovation grind
46:30 Financing the build: $6M, hard money, high pressure
55:15 Black money vs white money in nightlife (why revenue exploded)
1:01:20 Gilbert Arenas million-dollar birthday party breakdown
1:09:15 Brunch formula and why brunch became the game changer
1:12:10 Corporate buyouts: easiest high-margin money
1:14:10 Membership model vision + facial recognition plan
1:22:10 Closing thoughts and wrap-up

This week on Earn Your Leisure we sat down with the number one club owner in America, Marc Barnes, for a real masterclass on hospitality and high-level business. From going $7 million into debt to build Dream in the worst neighborhood in DC to turning brunch, parking, and coat checks into major profit centers, he broke down what it actually takes to win in nightlife and restaurants.

We covered how you can scale a million-dollar business from one customer through referrals, why “good is the enemy of great,” and why corporate money is the real cheat code for venues. Marc also explained how bottle service changed the game, how a 10,000-person event still lost money, and why relying on artists can hurt your margins.

If you want real numbers, real strategy, and lessons on building profitable experiences — including how a restaurant could make $60M before serving a single plate — this episode is a must-watch.

Subscribe and watch more videos here: https://www.youtube.com/@EarnYourLeisure

Join the EYL community for deeper training and a more detailed approach:
https://www.eyluniversity.com

Join the number one stock club in the world:
https://www.ianinvest.com

Invest Fest | August 7-9, 2026
Grab early bird tickets now: https://www.investfest.com

#EarnYourLeisure #EYL #MarcBarnes #HospitalityBusiness #Nightlife #Entrepreneurship #BusinessGame #WealthBuilding

See omnystudio.com/listener for privacy information.

Subscribe and watch more videos here: https://www.youtube.com/@EarnYourLeisure

Join the EYL community for deeper training and a more detailed approach:
https://www.eyluniversity.com

Join the number one stock club in the world:
https://www.ianinvest.com

Invest Fest | August 7-9, 2026
Grab early bird tickets now: https://www.investfest.com

See omnystudio.com/listener for privacy information.

Subscribe and watch more videos here: https://www.youtube.com/@EarnYourLeisure

Join the EYL community for deeper training and a more detailed approach:
https://www.eyluniversity.com

Join the number one stock club in the world:
https://www.ianinvest.com

Invest Fest | August 7-9, 2026
Grab early bird tickets now: https://www.investfest.com

See omnystudio.com/listener for privacy information.