AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
6min chapter
SSP34 - Octavio Araujo
The Steven Sirski Podcast
Taking Care of Parents and Financial Dependence
This chapter explores the concept of taking care of parents and the perception of financial dependence, including personal experiences and discussions on career choices and education.
00:00
Transcript
Episode notes
Speaker 2
Wait I mean you can't take care of her. She's rich. She's taking care of you.
Speaker 1
Well the people see like. No no no there's no seeing
Speaker 2
it that way. It's basically. If you just said that your parents are rich.
Speaker 1
We go back to where we were three hours ago. No
Speaker 2
we go back to you. The
Speaker 1
moment. The moment I told my mom. I come back home. I'm going to law school. And I told all the foreigners. And the.
Speaker 2
Would your parents are paying for or what? Yeah they should. They didn't pay for my education. But the moment I told. So you're rich. Moving in with your mom. Taking law school on your parents' dole. Yeah
Speaker 1
of course. I'm going to share that with you. You know who convinced me of that? I can't say his name on the podcast. But he goes. Octavio. He goes. You left home at 20. And you're asked your mom for mom or dad. For a dime.
Speaker 2
Good. That's the American
Speaker 1
way. 30 years later. I'm not going to need to make siblings. Cause that's personal stuff. But 30 years later going back home. Is not a shameful thing. Or. Because you're going back to take care of your mom.
Speaker 2
And dad. Who's paying for your law school. And you're housing and food.
Speaker 1
My mom. But. I'm also a real estate agent. So.
Speaker 2
I don't like your splicing
Speaker 1
words here. So no, no, no, no, no. I'm I'm I'm studying for my room in my license. I'm not there to freeload. Because I'm already a real estate. That's how I met you and Danny. By the way.
Speaker 2
Freeloading off
Speaker 1
your parents. You know two things I don't know about you and Danny. Danny. Well. Danny should have said and tried to take care of his son. I'll say that out loud. Because that was the most disappointing thing about Danny. That he abandoned his son. I was fucking pissed off. And I met his son's wife and she won't go. You understand how you you liked it. It doesn't spark. They get that. I'll respect you about that. But when I looked at my mom and dad. I told this to the other two guys about two months ago. And Solana. That. I can make so much more money being a lawyer. This thing in this fucking country.
Speaker 2
And that's a fact. Doing what though? What type of legal work are you going to do?
Speaker 1
It doesn't matter. I mean do anything. Well I
Speaker 2
think it does. I mean if you're doing fucking litigious.
Speaker 1
Well already, already, already said to contract since law required rights immigration. So we're already decided that. So immigration steady flow.
Speaker 2
So pro-tron
Speaker 1
because the. I'm not pro-tron. Well social media
Speaker 2
hates it. Which means immigration loves
Speaker 1
them. I just don't want
Speaker 2
Biden. Right. But immigration. Good legal system to
Speaker 1
get involved in. And I had it suck it up. It's like you know what if your parents have the money and the cash to help you out just fucking do it. Why don't you have the money and cash to do it? Well because I've been a change too long. Why not? You have been a change too long. I burned all my money on that book. Are you telling me that publishing? Okay we haven't talked about this by the way. You published a book. Marking is more expensive than publishing.
Speaker 2
You published a book. How long ago?
Speaker 1
Five years ago.
Speaker 2
And what was it about?
Speaker 1
Teaching English.
Speaker 2
And how much did you pay for this or were you paid for this? No I paid for it.
Speaker 1
I wrote it and paid. See with the Chinese government when you post your book. And like Amazon America. Yeah. It's got to go through a screening or a vetting process. Right. You got to pay for that. And that alone costs him $5,000 a B. And then to actually have. 75,000. Physical copies of the book. Got paid another 20.
Speaker 2
75,000 plus 20,000. No
Speaker 1
17.
Speaker 2
17,000 plus
Speaker 1
20. So
Speaker 2
you're up to 37,000.
Speaker 1
40,000 pretty close. Yeah. Divide by seven gets your right. USD dollar. You know the funny thing is when I wrote the book. I asked five salted teachers. You want to end on this. So you all said no. It's going back to rich that poor dad's insurance from point. Most people 90% of them are not entrepreneurs. They don't care about that. No. They just want to paycheck. Yeah. That's not me. Okay. So that's why when I looked at the mark in 2015, I said, okay, where did Chinese have problems with English? Yeah.
Speaker 2
Where did you identify those areas? Well, I'm not going
Speaker 1
to say his name, but it was a.
Speaker 2
What are the friend of ours? Give the English grammar that the problems of.
Speaker 1
Chunking and grammar. Chunking and complex grammar. Right. And our research just like there's a million students that take the exam and I said, oh, that could be 10 million a year.
Speaker 2
Has it been? No, it's not. It's so. Yeah. So what does
Speaker 1
that mean? Michael, my mom said I'm in the wrong country.
Speaker 2
Oh, man. Or there's other explanations. Maybe the book isn't what you thought it was. It doesn't feel the void that you thought it would.
Speaker 1
It could be, but my point is nobody wanted in on it. Because nobody wanted to take a risk. Nobody wanted to put in the effort and to help me write the book. And we call it the study book and the exercises. Nobody wanted to do that. And these are self-to-teachers. Yeah. These are just any moron. They just didn't want to do it. They weren't interested. And okay,
Speaker 2
two things about that. No, okay. Number one. Were they doing anything else? This is teaching you. And number two, do you think the book has suffered because of the lack of exposure from that input?
Speaker 1
I think it would be more of the latter.
Speaker 2
But in what way?
Speaker 1
What I've learned when I was going through my sales training, you've got a red book, is that the most successful salesmen always have a team and they work together.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode