{"version":"1.0.0","segments":[{"speaker":"Henry Svec","startTime":0.0,"endTime":2.28,"body":"COVID was a"},{"speaker":"Henry Svec","startTime":0.0,"endTime":2.28,"body":"convenient excuse for"},{"speaker":"Henry Svec","startTime":2.28,"endTime":5.37,"body":"everything. So I would be told"},{"speaker":"Henry Svec","startTime":2.28,"endTime":5.37,"body":"certain materials weren't"},{"speaker":"Henry Svec","startTime":5.37,"endTime":8.07,"body":"available in the province and I"},{"speaker":"Henry Svec","startTime":5.37,"endTime":8.07,"body":"would call, we would call Home"},{"speaker":"Henry Svec","startTime":8.07,"endTime":10.14,"body":"Depot or Costco so well maybe"},{"speaker":"Henry Svec","startTime":8.07,"endTime":10.14,"body":"you need to right around the"},{"speaker":"Henry Svec","startTime":10.14,"endTime":12.66,"body":"corner because Costco has got a"},{"speaker":"Henry Svec","startTime":10.14,"endTime":12.66,"body":"bunch Your Home Depot has a"},{"speaker":"Henry Svec","startTime":12.66,"endTime":13.08,"body":"bunch."},{"speaker":"Ethan Waldman","startTime":14.17,"endTime":16.63,"body":"Welcome to the"},{"speaker":"Ethan Waldman","startTime":14.17,"endTime":16.63,"body":"Tiny House Lifestyle Podcast,"},{"speaker":"Ethan Waldman","startTime":16.66,"endTime":19.84,"body":"the show where you learn how to"},{"speaker":"Ethan Waldman","startTime":16.66,"endTime":19.84,"body":"plan, build and live the tiny"},{"speaker":"Ethan Waldman","startTime":19.84,"endTime":24.64,"body":"lifestyle. I'm your host, Ethan"},{"speaker":"Ethan Waldman","startTime":19.84,"endTime":24.64,"body":"Waldman, and this is episode 256"},{"speaker":"Ethan Waldman","startTime":24.79,"endTime":30.1,"body":"with Henry, or Hank, Svec. Hank"},{"speaker":"Ethan Waldman","startTime":24.79,"endTime":30.1,"body":"and Mary spec are in the process"},{"speaker":"Ethan Waldman","startTime":30.13,"endTime":33.76,"body":"of converting their 50 acre farm"},{"speaker":"Ethan Waldman","startTime":30.13,"endTime":33.76,"body":"back to nature as a honeybee"},{"speaker":"Ethan Waldman","startTime":33.76,"endTime":38.62,"body":"sanctuary and honey bees are"},{"speaker":"Ethan Waldman","startTime":33.76,"endTime":38.62,"body":"Hank's lens for looking at the"},{"speaker":"Ethan Waldman","startTime":38.62,"endTime":42.97,"body":"world of both investing and the"},{"speaker":"Ethan Waldman","startTime":38.62,"endTime":42.97,"body":"world of housing. Hank is"},{"speaker":"Ethan Waldman","startTime":42.97,"endTime":47.05,"body":"actually in the process of"},{"speaker":"Ethan Waldman","startTime":42.97,"endTime":47.05,"body":"converting a 52 acre Oceanside"},{"speaker":"Ethan Waldman","startTime":47.05,"endTime":51.46,"body":"property into one and a half"},{"speaker":"Ethan Waldman","startTime":47.05,"endTime":51.46,"body":"acre lots for tiny homes. This"},{"speaker":"Ethan Waldman","startTime":51.46,"endTime":55.54,"body":"is a broad ranging conversation"},{"speaker":"Ethan Waldman","startTime":51.46,"endTime":55.54,"body":"where Hank will introduce us to"},{"speaker":"Ethan Waldman","startTime":55.54,"endTime":60.01,"body":"the concept of value investing,"},{"speaker":"Ethan Waldman","startTime":55.54,"endTime":60.01,"body":"talk about his business model"},{"speaker":"Ethan Waldman","startTime":60.01,"endTime":64.39,"body":"for the tiny home development"},{"speaker":"Ethan Waldman","startTime":60.01,"endTime":64.39,"body":"and talk about what honey bees"},{"speaker":"Ethan Waldman","startTime":64.39,"endTime":69.4,"body":"can teach us about getting rich"},{"speaker":"Ethan Waldman","startTime":64.39,"endTime":69.4,"body":"slowly about value investing. I"},{"speaker":"Ethan Waldman","startTime":69.4,"endTime":71.83,"body":"think it's a really worthwhile"},{"speaker":"Ethan Waldman","startTime":69.4,"endTime":71.83,"body":"conversation and I hope you'll"},{"speaker":"Ethan Waldman","startTime":71.83,"endTime":72.43,"body":"stick around."},{"speaker":"Ethan Waldman","startTime":73.51,"endTime":76.93,"body":"Are you looking for a compact"},{"speaker":"Ethan Waldman","startTime":73.51,"endTime":76.93,"body":"and affordable way to streamline"},{"speaker":"Ethan Waldman","startTime":76.93,"endTime":80.29,"body":"your lifestyle? I'd like to tell"},{"speaker":"Ethan Waldman","startTime":76.93,"endTime":80.29,"body":"you about the sponsor of this"},{"speaker":"Ethan Waldman","startTime":80.29,"endTime":85.63,"body":"week's episode PODX Go and their"},{"speaker":"Ethan Waldman","startTime":80.29,"endTime":85.63,"body":"new Grande S1 tiny home. This"},{"speaker":"Ethan Waldman","startTime":85.63,"endTime":90.73,"body":"meticulously designed tiny home"},{"speaker":"Ethan Waldman","startTime":85.63,"endTime":90.73,"body":"expands from a trailer to a 364"},{"speaker":"Ethan Waldman","startTime":90.73,"endTime":94.72,"body":"square foot home with just the"},{"speaker":"Ethan Waldman","startTime":90.73,"endTime":94.72,"body":"push of a button. Certified by"},{"speaker":"Ethan Waldman","startTime":94.72,"endTime":99.85,"body":"NOAH and built to ANSI119.5"},{"speaker":"Ethan Waldman","startTime":94.72,"endTime":99.85,"body":"standards, the Grande S1 is"},{"speaker":"Ethan Waldman","startTime":99.85,"endTime":104.5,"body":"towable with an F 250 or"},{"speaker":"Ethan Waldman","startTime":99.85,"endTime":104.5,"body":"equivalent. The PODX Go home is"},{"speaker":"Ethan Waldman","startTime":104.5,"endTime":109.3,"body":"99% factory built with healthy"},{"speaker":"Ethan Waldman","startTime":104.5,"endTime":109.3,"body":"and eco friendly materials. You"},{"speaker":"Ethan Waldman","startTime":109.3,"endTime":112.51,"body":"can rest easy knowing your home"},{"speaker":"Ethan Waldman","startTime":109.3,"endTime":112.51,"body":"is taking care of you and the"},{"speaker":"Ethan Waldman","startTime":112.51,"endTime":116.83,"body":"environment. It features a fully"},{"speaker":"Ethan Waldman","startTime":112.51,"endTime":116.83,"body":"fitted kitchen, bedroom, bath"},{"speaker":"Ethan Waldman","startTime":116.86,"endTime":120.79,"body":"and living room with ingenious"},{"speaker":"Ethan Waldman","startTime":116.86,"endTime":120.79,"body":"storage spaces throughout. PODX"},{"speaker":"Ethan Waldman","startTime":120.82,"endTime":124.3,"body":"Go has even partnered with"},{"speaker":"Ethan Waldman","startTime":120.82,"endTime":124.3,"body":"Renogy solar systems so you can"},{"speaker":"Ethan Waldman","startTime":124.3,"endTime":128.05,"body":"live off grid or reduce your"},{"speaker":"Ethan Waldman","startTime":124.3,"endTime":128.05,"body":"energy bills. Discover the"},{"speaker":"Ethan Waldman","startTime":128.08,"endTime":132.25,"body":"ultimate choice for your tiny"},{"speaker":"Ethan Waldman","startTime":128.08,"endTime":132.25,"body":"lifestyle with PODX Go's Grande"},{"speaker":"Ethan Waldman","startTime":132.28,"endTime":136.63,"body":"S1 model. PODX Go has launched"},{"speaker":"Ethan Waldman","startTime":132.28,"endTime":136.63,"body":"their crowdfunding campaign with"},{"speaker":"Ethan Waldman","startTime":136.63,"endTime":142.45,"body":"special pricing starting from"},{"speaker":"Ethan Waldman","startTime":136.63,"endTime":142.45,"body":"just $49,000. Visit PODXGo.com"},{"speaker":"Ethan Waldman","startTime":142.6,"endTime":145.75,"body":"to watch a video of the s one"},{"speaker":"Ethan Waldman","startTime":142.6,"endTime":145.75,"body":"unfold and to get the"},{"speaker":"Ethan Waldman","startTime":145.75,"endTime":148.99,"body":"crowdfunding launch discount."},{"speaker":"Ethan Waldman","startTime":145.75,"endTime":148.99,"body":"Again that website is"},{"speaker":"Ethan Waldman","startTime":148.99,"endTime":157.6,"body":"PODXGo.com. Thank you so much to"},{"speaker":"Ethan Waldman","startTime":148.99,"endTime":157.6,"body":"PODX Go for sponsoring our show."},{"speaker":"Ethan Waldman","startTime":187.63,"endTime":192.16,"body":"Right, I am here with Hank Svec."},{"speaker":"Ethan Waldman","startTime":187.63,"endTime":192.16,"body":"In 2017. Hank and Mary Svec"},{"speaker":"Ethan Waldman","startTime":192.16,"endTime":195.34,"body":"started converting their 50 acre"},{"speaker":"Ethan Waldman","startTime":192.16,"endTime":195.34,"body":"farm back to nature as a"},{"speaker":"Ethan Waldman","startTime":195.34,"endTime":199.0,"body":"honeybee sanctuary. Henry"},{"speaker":"Ethan Waldman","startTime":195.34,"endTime":199.0,"body":"received his PhD from Michigan"},{"speaker":"Ethan Waldman","startTime":199.0,"endTime":204.1,"body":"State University in 1988. For 30"},{"speaker":"Ethan Waldman","startTime":199.0,"endTime":204.1,"body":"years, he worked as a clinical"},{"speaker":"Ethan Waldman","startTime":204.1,"endTime":207.73,"body":"psychologist in Ontario, Canada"},{"speaker":"Ethan Waldman","startTime":204.1,"endTime":207.73,"body":"and for 40 years as a value"},{"speaker":"Ethan Waldman","startTime":207.73,"endTime":211.24,"body":"investor in real estate bonds,"},{"speaker":"Ethan Waldman","startTime":207.73,"endTime":211.24,"body":"stocks and early stage startups."},{"speaker":"Ethan Waldman","startTime":211.6,"endTime":214.6,"body":"And he does a podcast called"},{"speaker":"Ethan Waldman","startTime":211.6,"endTime":214.6,"body":"Invest Like a Honeybee, which"},{"speaker":"Ethan Waldman","startTime":214.6,"endTime":218.44,"body":"can be found on most podcast"},{"speaker":"Ethan Waldman","startTime":214.6,"endTime":218.44,"body":"platforms. Two years ago, as"},{"speaker":"Ethan Waldman","startTime":218.44,"endTime":221.86,"body":"part of their value investing,"},{"speaker":"Ethan Waldman","startTime":218.44,"endTime":221.86,"body":"Henry and Mary purchased a 52"},{"speaker":"Ethan Waldman","startTime":221.86,"endTime":225.16,"body":"acre oceanside property that"},{"speaker":"Ethan Waldman","startTime":221.86,"endTime":225.16,"body":"they are dividing into one and a"},{"speaker":"Ethan Waldman","startTime":225.16,"endTime":228.52,"body":"half acre lots for tiny homes."},{"speaker":"Ethan Waldman","startTime":225.16,"endTime":228.52,"body":"Currently, they have two tiny"},{"speaker":"Ethan Waldman","startTime":228.52,"endTime":231.07,"body":"homes on the development that"},{"speaker":"Ethan Waldman","startTime":228.52,"endTime":231.07,"body":"will be up and running this"},{"speaker":"Ethan Waldman","startTime":231.07,"endTime":233.17,"body":"spring. Hank, welcome to the"},{"speaker":"Ethan Waldman","startTime":231.07,"endTime":233.17,"body":"show."},{"speaker":"Henry Svec","startTime":233.37,"endTime":235.05,"body":"Thanks for having"},{"speaker":"Henry Svec","startTime":233.37,"endTime":235.05,"body":"me. It's great to be here."},{"speaker":"Ethan Waldman","startTime":235.33,"endTime":239.98,"body":"Yeah, likewise."},{"speaker":"Ethan Waldman","startTime":235.33,"endTime":239.98,"body":"So first, let's start out what"},{"speaker":"Ethan Waldman","startTime":239.98,"endTime":243.52,"body":"is value investing? I feel like"},{"speaker":"Ethan Waldman","startTime":239.98,"endTime":243.52,"body":"people might not have heard that"},{"speaker":"Ethan Waldman","startTime":243.55,"endTime":244.39,"body":"that term."},{"speaker":"Henry Svec","startTime":244.99,"endTime":248.08,"body":"Well, it's kind of"},{"speaker":"Henry Svec","startTime":244.99,"endTime":248.08,"body":"it's kind of basic, I'll keep"},{"speaker":"Henry Svec","startTime":248.08,"endTime":252.25,"body":"things simple. So if something"},{"speaker":"Henry Svec","startTime":248.08,"endTime":252.25,"body":"is being sold for $100, whether"},{"speaker":"Henry Svec","startTime":252.25,"endTime":255.43,"body":"it's a pair of shoes or"},{"speaker":"Henry Svec","startTime":252.25,"endTime":255.43,"body":"whatever, you have to have the"},{"speaker":"Henry Svec","startTime":255.43,"endTime":258.46,"body":"ability to put a value what you"},{"speaker":"Henry Svec","startTime":255.43,"endTime":258.46,"body":"think it's worth and as long as"},{"speaker":"Henry Svec","startTime":258.46,"endTime":260.68,"body":"it's worth significantly below."},{"speaker":"Ethan Waldman","startTime":261.01,"endTime":261.43,"body":"Yeah."},{"speaker":"Henry Svec","startTime":262.06,"endTime":264.49,"body":"You know, what you"},{"speaker":"Henry Svec","startTime":262.06,"endTime":264.49,"body":"think you pay what you think"},{"speaker":"Henry Svec","startTime":264.49,"endTime":266.98,"body":"it's worth, not what the price"},{"speaker":"Henry Svec","startTime":264.49,"endTime":266.98,"body":"is. So whether it's stocks,"},{"speaker":"Henry Svec","startTime":266.98,"endTime":270.19,"body":"bonds, real estate, I'll give"},{"speaker":"Henry Svec","startTime":266.98,"endTime":270.19,"body":"you an example. The land you're"},{"speaker":"Henry Svec","startTime":270.19,"endTime":274.42,"body":"referring to is 52 acres,"},{"speaker":"Henry Svec","startTime":270.19,"endTime":274.42,"body":"oceanfront, wasn't for sale. We"},{"speaker":"Henry Svec","startTime":274.42,"endTime":279.49,"body":"were able to purchase it for"},{"speaker":"Henry Svec","startTime":274.42,"endTime":279.49,"body":"$300,000 which I thought was"},{"speaker":"Henry Svec","startTime":279.49,"endTime":282.25,"body":"incredible value as in my son,"},{"speaker":"Henry Svec","startTime":279.49,"endTime":282.25,"body":"Joshua, who now owns that"},{"speaker":"Henry Svec","startTime":282.25,"endTime":285.4,"body":"company, and we were able to"},{"speaker":"Henry Svec","startTime":282.25,"endTime":285.4,"body":"divide it up into lots and each"},{"speaker":"Henry Svec","startTime":285.4,"endTime":287.44,"body":"lot is worth $199,000."},{"speaker":"Ethan Waldman","startTime":287.9,"endTime":288.32,"body":"Wow."},{"speaker":"Henry Svec","startTime":289.22,"endTime":291.41,"body":"I mean, that would"},{"speaker":"Henry Svec","startTime":289.22,"endTime":291.41,"body":"be a great value. That's an"},{"speaker":"Henry Svec","startTime":291.41,"endTime":293.12,"body":"example of a great value"},{"speaker":"Henry Svec","startTime":291.41,"endTime":293.12,"body":"investment."},{"speaker":"Ethan Waldman","startTime":293.63,"endTime":296.18,"body":"Okay, so you pay"},{"speaker":"Ethan Waldman","startTime":293.63,"endTime":296.18,"body":"well, you hopefully are paying"},{"speaker":"Ethan Waldman","startTime":296.18,"endTime":298.67,"body":"less than what it's what it's"},{"speaker":"Ethan Waldman","startTime":296.18,"endTime":298.67,"body":"actually worth, or what the"},{"speaker":"Ethan Waldman","startTime":298.67,"endTime":300.2,"body":"market would say it's worth it."},{"speaker":"Henry Svec","startTime":300.44,"endTime":303.02,"body":"Well, everyone has a"},{"speaker":"Henry Svec","startTime":300.44,"endTime":303.02,"body":"different thing of value, right?"},{"speaker":"Henry Svec","startTime":303.02,"endTime":305.93,"body":"So the person selling it has a"},{"speaker":"Henry Svec","startTime":303.02,"endTime":305.93,"body":"number in their mind."},{"speaker":"Ethan Waldman","startTime":306.05,"endTime":306.35,"body":"Yeah."},{"speaker":"Henry Svec","startTime":306.38,"endTime":309.05,"body":"And then you as a"},{"speaker":"Henry Svec","startTime":306.38,"endTime":309.05,"body":"buyer, and there's many ways to"},{"speaker":"Henry Svec","startTime":309.05,"endTime":311.48,"body":"assess value. Like in the book,"},{"speaker":"Henry Svec","startTime":309.05,"endTime":311.48,"body":"we talked about how do you know"},{"speaker":"Henry Svec","startTime":311.48,"endTime":314.39,"body":"what a pair of boots are worth?"},{"speaker":"Henry Svec","startTime":311.48,"endTime":314.39,"body":"Yeah, what's the true value of a"},{"speaker":"Henry Svec","startTime":314.39,"endTime":317.42,"body":"pair of boots, and you go"},{"speaker":"Henry Svec","startTime":314.39,"endTime":317.42,"body":"through some very basic"},{"speaker":"Henry Svec","startTime":317.42,"endTime":320.6,"body":"exercises, and it's about being"},{"speaker":"Henry Svec","startTime":317.42,"endTime":320.6,"body":"smart with your money and being"},{"speaker":"Henry Svec","startTime":320.6,"endTime":323.57,"body":"able to relax. And I think"},{"speaker":"Henry Svec","startTime":320.6,"endTime":323.57,"body":"that's a lot you know, about"},{"speaker":"Henry Svec","startTime":323.57,"endTime":327.71,"body":"this tiny home sort of movement."},{"speaker":"Henry Svec","startTime":323.57,"endTime":327.71,"body":"And I see it, I see tiny homes"},{"speaker":"Henry Svec","startTime":327.71,"endTime":333.32,"body":"actually as a value, way to live"},{"speaker":"Henry Svec","startTime":327.71,"endTime":333.32,"body":"and legitimate assets. So that,"},{"speaker":"Henry Svec","startTime":333.59,"endTime":336.41,"body":"you know, when I was your age,"},{"speaker":"Henry Svec","startTime":333.59,"endTime":336.41,"body":"I'm 67. So when I was younger,"},{"speaker":"Henry Svec","startTime":336.41,"endTime":338.84,"body":"you know, you'd start I talked"},{"speaker":"Henry Svec","startTime":336.41,"endTime":338.84,"body":"about buying a duplex live in"},{"speaker":"Henry Svec","startTime":338.84,"endTime":342.95,"body":"half rent, the other half. I"},{"speaker":"Henry Svec","startTime":338.84,"endTime":342.95,"body":"think, one starter place for"},{"speaker":"Henry Svec","startTime":342.95,"endTime":345.41,"body":"people who can't afford homes,"},{"speaker":"Henry Svec","startTime":342.95,"endTime":345.41,"body":"because they're too expensive is"},{"speaker":"Henry Svec","startTime":345.41,"endTime":349.22,"body":"a tiny home. And I think we're"},{"speaker":"Henry Svec","startTime":345.41,"endTime":349.22,"body":"proud to be able to provide that"},{"speaker":"Henry Svec","startTime":349.22,"endTime":349.64,"body":"option."},{"speaker":"Ethan Waldman","startTime":351.0,"endTime":354.48,"body":"Yeah, yeah. And"},{"speaker":"Ethan Waldman","startTime":351.0,"endTime":354.48,"body":"it is, it is truly a great"},{"speaker":"Ethan Waldman","startTime":354.48,"endTime":358.29,"body":"option and helps to build, you"},{"speaker":"Ethan Waldman","startTime":354.48,"endTime":358.29,"body":"know, build wealth, have"},{"speaker":"Ethan Waldman","startTime":358.29,"endTime":361.5,"body":"something that somebody can own"},{"speaker":"Ethan Waldman","startTime":358.29,"endTime":361.5,"body":"rather than rent, and kind of"},{"speaker":"Ethan Waldman","startTime":361.5,"endTime":365.04,"body":"start start off on the"},{"speaker":"Ethan Waldman","startTime":361.5,"endTime":365.04,"body":"homeownership journey, for sure."},{"speaker":"Henry Svec","startTime":365.87,"endTime":367.46,"body":"And they're"},{"speaker":"Henry Svec","startTime":365.87,"endTime":367.46,"body":"actually, you know, I have"},{"speaker":"Henry Svec","startTime":367.46,"endTime":370.79,"body":"stayed in some, before we got"},{"speaker":"Henry Svec","startTime":367.46,"endTime":370.79,"body":"into project, Mary, and I stayed"},{"speaker":"Henry Svec","startTime":370.79,"endTime":374.63,"body":"in some Airbnbs, that were tiny"},{"speaker":"Henry Svec","startTime":370.79,"endTime":374.63,"body":"homes. And, you know, we're kind"},{"speaker":"Henry Svec","startTime":374.63,"endTime":377.6,"body":"of like, well, I feel guilty"},{"speaker":"Henry Svec","startTime":374.63,"endTime":377.6,"body":"saying this, we live in kind of"},{"speaker":"Henry Svec","startTime":377.6,"endTime":381.41,"body":"a big house, we had three boys."},{"speaker":"Henry Svec","startTime":377.6,"endTime":381.41,"body":"And so we live on a farm. So we"},{"speaker":"Henry Svec","startTime":381.41,"endTime":384.62,"body":"have a typical, rather large"},{"speaker":"Henry Svec","startTime":381.41,"endTime":384.62,"body":"farmhouse, yep. When you go live"},{"speaker":"Henry Svec","startTime":384.62,"endTime":387.26,"body":"in a tiny home, even for four or"},{"speaker":"Henry Svec","startTime":384.62,"endTime":387.26,"body":"five days, you realize very"},{"speaker":"Henry Svec","startTime":387.26,"endTime":390.83,"body":"quickly, you don't need most of"},{"speaker":"Henry Svec","startTime":387.26,"endTime":390.83,"body":"this stuff, right? You have in"},{"speaker":"Henry Svec","startTime":390.83,"endTime":393.32,"body":"your house, especially like we"},{"speaker":"Henry Svec","startTime":390.83,"endTime":393.32,"body":"have a rooftop balcony on these"},{"speaker":"Henry Svec","startTime":393.32,"endTime":395.93,"body":"tiny homes. So you can go up,"},{"speaker":"Henry Svec","startTime":393.32,"endTime":395.93,"body":"you know, you're looking out at"},{"speaker":"Henry Svec","startTime":395.93,"endTime":399.92,"body":"the ocean. You know, it's kind"},{"speaker":"Henry Svec","startTime":395.93,"endTime":399.92,"body":"of nice. So I think it's"},{"speaker":"Henry Svec","startTime":399.92,"endTime":404.27,"body":"reconceptualizing. What all of"},{"speaker":"Henry Svec","startTime":399.92,"endTime":404.27,"body":"us think is, is good housing, or"},{"speaker":"Henry Svec","startTime":404.27,"endTime":406.67,"body":"adequate housing or housing,"},{"speaker":"Henry Svec","startTime":404.27,"endTime":406.67,"body":"depending on where we are in"},{"speaker":"Henry Svec","startTime":406.67,"endTime":409.67,"body":"life. And maybe it's a stage"},{"speaker":"Henry Svec","startTime":406.67,"endTime":409.67,"body":"thing, or maybe it's a forever"},{"speaker":"Henry Svec","startTime":409.67,"endTime":411.29,"body":"thing, it depends on the person,"},{"speaker":"Henry Svec","startTime":409.67,"endTime":411.29,"body":"I think."},{"speaker":"Ethan Waldman","startTime":411.56,"endTime":413.3,"body":"Yeah, that's an"},{"speaker":"Ethan Waldman","startTime":411.56,"endTime":413.3,"body":"interesting point, I think that"},{"speaker":"Ethan Waldman","startTime":413.3,"endTime":417.05,"body":"it's always, it's a lot easier"},{"speaker":"Ethan Waldman","startTime":413.3,"endTime":417.05,"body":"to go and stay in a tiny home,"},{"speaker":"Ethan Waldman","startTime":417.05,"endTime":420.2,"body":"like on a trip or as like a"},{"speaker":"Ethan Waldman","startTime":417.05,"endTime":420.2,"body":"destination, because you don't"},{"speaker":"Ethan Waldman","startTime":420.2,"endTime":422.84,"body":"have all your stuff with you."},{"speaker":"Ethan Waldman","startTime":420.2,"endTime":422.84,"body":"And you and as you're right, you"},{"speaker":"Ethan Waldman","startTime":422.84,"endTime":426.38,"body":"quickly realize, I don't know, I"},{"speaker":"Ethan Waldman","startTime":422.84,"endTime":426.38,"body":"don't need much more space than"},{"speaker":"Ethan Waldman","startTime":426.38,"endTime":430.04,"body":"this. It's really when it comes"},{"speaker":"Ethan Waldman","startTime":426.38,"endTime":430.04,"body":"to all your stuff. It's like"},{"speaker":"Ethan Waldman","startTime":430.04,"endTime":432.5,"body":"your big house is just a place"},{"speaker":"Ethan Waldman","startTime":430.04,"endTime":432.5,"body":"for your stuff."},{"speaker":"Henry Svec","startTime":433.52,"endTime":436.58,"body":"What and you know, I"},{"speaker":"Henry Svec","startTime":433.52,"endTime":436.58,"body":"got a little I had some"},{"speaker":"Henry Svec","startTime":436.61,"endTime":439.37,"body":"interesting discussion, because"},{"speaker":"Henry Svec","startTime":436.61,"endTime":439.37,"body":"in the book I talk about when"},{"speaker":"Henry Svec","startTime":439.37,"endTime":444.53,"body":"you're in a expensive community,"},{"speaker":"Henry Svec","startTime":439.37,"endTime":444.53,"body":"move. So people in Toronto in"},{"speaker":"Henry Svec","startTime":444.53,"endTime":447.92,"body":"Canada complained that a house"},{"speaker":"Henry Svec","startTime":444.53,"endTime":447.92,"body":"an average detached house now is"},{"speaker":"Henry Svec","startTime":447.92,"endTime":450.02,"body":"I think, a million or $800,000."},{"speaker":"Ethan Waldman","startTime":450.29,"endTime":450.5,"body":"Yeah."},{"speaker":"Henry Svec","startTime":450.5,"endTime":453.35,"body":"And there are people"},{"speaker":"Henry Svec","startTime":450.5,"endTime":453.35,"body":"who have houses valued at one"},{"speaker":"Henry Svec","startTime":453.35,"endTime":455.93,"body":"and a half million they paid"},{"speaker":"Henry Svec","startTime":453.35,"endTime":455.93,"body":"$100,000 for and they asked me"},{"speaker":"Henry Svec","startTime":455.93,"endTime":458.66,"body":"well, what would you do? I said,"},{"speaker":"Henry Svec","startTime":455.93,"endTime":458.66,"body":"Well, I would sell it. And I'd"},{"speaker":"Henry Svec","startTime":458.66,"endTime":462.95,"body":"move to a different place where"},{"speaker":"Henry Svec","startTime":458.66,"endTime":462.95,"body":"I could live for a lot less and"},{"speaker":"Henry Svec","startTime":462.95,"endTime":467.6,"body":"live below my means. And which"},{"speaker":"Henry Svec","startTime":462.95,"endTime":467.6,"body":"is how, you know, I think the"},{"speaker":"Henry Svec","startTime":467.6,"endTime":470.36,"body":"tiny home without really saying"},{"speaker":"Henry Svec","startTime":467.6,"endTime":470.36,"body":"it, I think the tiny home"},{"speaker":"Henry Svec","startTime":470.36,"endTime":474.11,"body":"movement is about doing what we"},{"speaker":"Henry Svec","startTime":470.36,"endTime":474.11,"body":"did when I was young, which was"},{"speaker":"Henry Svec","startTime":474.11,"endTime":477.5,"body":"a simple term live beneath your,"},{"speaker":"Henry Svec","startTime":474.11,"endTime":477.5,"body":"you know, when you have $100"},{"speaker":"Henry Svec","startTime":477.5,"endTime":479.42,"body":"coming in, don't spend $150."},{"speaker":"Ethan Waldman","startTime":479.63,"endTime":480.02,"body":"Right."},{"speaker":"Henry Svec","startTime":480.05,"endTime":483.38,"body":"Spend $75. And I"},{"speaker":"Henry Svec","startTime":480.05,"endTime":483.38,"body":"think the tiny home movement is"},{"speaker":"Henry Svec","startTime":483.38,"endTime":487.7,"body":"a huge part of that whole value,"},{"speaker":"Henry Svec","startTime":483.38,"endTime":487.7,"body":"you mentioned idea of and the"},{"speaker":"Henry Svec","startTime":487.7,"endTime":490.61,"body":"thing about money is when you"},{"speaker":"Henry Svec","startTime":487.7,"endTime":490.61,"body":"don't stress about it when you"},{"speaker":"Henry Svec","startTime":490.61,"endTime":491.78,"body":"don't have to think about it."},{"speaker":"Ethan Waldman","startTime":491.81,"endTime":492.17,"body":"Yeah."},{"speaker":"Henry Svec","startTime":492.35,"endTime":494.78,"body":"And I think the tiny"},{"speaker":"Henry Svec","startTime":492.35,"endTime":494.78,"body":"home movement helps you do that"},{"speaker":"Henry Svec","startTime":494.78,"endTime":498.59,"body":"by by living economically and"},{"speaker":"Henry Svec","startTime":494.78,"endTime":498.59,"body":"all the advantages of being in"},{"speaker":"Henry Svec","startTime":498.59,"endTime":499.43,"body":"that space, too."},{"speaker":"Ethan Waldman","startTime":500.27,"endTime":502.49,"body":"Yeah, hopefully,"},{"speaker":"Ethan Waldman","startTime":500.27,"endTime":502.49,"body":"hopefully it does."},{"speaker":"Henry Svec","startTime":504.5,"endTime":506.42,"body":"There's an"},{"speaker":"Henry Svec","startTime":504.5,"endTime":506.42,"body":"interesting movement in my age"},{"speaker":"Henry Svec","startTime":506.42,"endTime":509.36,"body":"range, where people are now"},{"speaker":"Henry Svec","startTime":506.42,"endTime":509.36,"body":"looking at tiny homes with the"},{"speaker":"Henry Svec","startTime":509.36,"endTime":512.9,"body":"accessibility Yep. So that a"},{"speaker":"Henry Svec","startTime":509.36,"endTime":512.9,"body":"person could actually in their"},{"speaker":"Henry Svec","startTime":512.9,"endTime":516.62,"body":"70s have a tiny home and say, a"},{"speaker":"Henry Svec","startTime":512.9,"endTime":516.62,"body":"place like we have a Western"},{"speaker":"Henry Svec","startTime":516.62,"endTime":520.34,"body":"Head, which is to two hours from"},{"speaker":"Henry Svec","startTime":516.62,"endTime":520.34,"body":"International Airport. And you"},{"speaker":"Henry Svec","startTime":520.34,"endTime":523.46,"body":"could live in a tiny home six"},{"speaker":"Henry Svec","startTime":520.34,"endTime":523.46,"body":"months out of the year, and then"},{"speaker":"Henry Svec","startTime":523.46,"endTime":524.39,"body":"live somewhere else."},{"speaker":"Ethan Waldman","startTime":524.42,"endTime":524.66,"body":"Yep."},{"speaker":"Henry Svec","startTime":524.69,"endTime":527.03,"body":"But it's now being"},{"speaker":"Henry Svec","startTime":524.69,"endTime":527.03,"body":"seen more as a lifestyle option,"},{"speaker":"Henry Svec","startTime":527.03,"endTime":529.22,"body":"which is kind of exciting. I'm"},{"speaker":"Henry Svec","startTime":527.03,"endTime":529.22,"body":"pretty excited about it."},{"speaker":"Ethan Waldman","startTime":529.55,"endTime":532.16,"body":"Yeah, definitely."},{"speaker":"Ethan Waldman","startTime":529.55,"endTime":532.16,"body":"And that's, you know, that has"},{"speaker":"Ethan Waldman","startTime":532.16,"endTime":535.73,"body":"surprised me, you know, I'm,"},{"speaker":"Ethan Waldman","startTime":532.16,"endTime":535.73,"body":"I'm, I'll be 38 in a couple of"},{"speaker":"Ethan Waldman","startTime":535.73,"endTime":540.68,"body":"weeks. But, you know, I built my"},{"speaker":"Ethan Waldman","startTime":535.73,"endTime":540.68,"body":"tiny house 11 - 12 years ago in"},{"speaker":"Ethan Waldman","startTime":540.68,"endTime":545.69,"body":"my 20s. And I expected that that"},{"speaker":"Ethan Waldman","startTime":540.68,"endTime":545.69,"body":"would be the majority of other"},{"speaker":"Ethan Waldman","startTime":545.69,"endTime":548.45,"body":"people building tiny houses"},{"speaker":"Ethan Waldman","startTime":545.69,"endTime":548.45,"body":"would be younger people like me."},{"speaker":"Ethan Waldman","startTime":548.9,"endTime":552.98,"body":"And what I'm seeing now, since"},{"speaker":"Ethan Waldman","startTime":548.9,"endTime":552.98,"body":"I've kind of had my hand in this"},{"speaker":"Ethan Waldman","startTime":552.98,"endTime":558.08,"body":"in this world for a while now is"},{"speaker":"Ethan Waldman","startTime":552.98,"endTime":558.08,"body":"that it's actually more people"},{"speaker":"Ethan Waldman","startTime":558.08,"endTime":561.44,"body":"who are retiring into tiny"},{"speaker":"Ethan Waldman","startTime":558.08,"endTime":561.44,"body":"homes, and those are the people"},{"speaker":"Ethan Waldman","startTime":561.44,"endTime":564.56,"body":"that are staying in the homes,"},{"speaker":"Ethan Waldman","startTime":561.44,"endTime":564.56,"body":"like people like me, you know,"},{"speaker":"Ethan Waldman","startTime":564.71,"endTime":568.64,"body":"it's a starter home, maybe just"},{"speaker":"Ethan Waldman","startTime":564.71,"endTime":568.64,"body":"for you or for you and one other"},{"speaker":"Ethan Waldman","startTime":568.64,"endTime":571.85,"body":"person. And then as as a family"},{"speaker":"Ethan Waldman","startTime":568.64,"endTime":571.85,"body":"grows, as you have more needs"},{"speaker":"Ethan Waldman","startTime":571.85,"endTime":575.81,"body":"more space, you know, us young"},{"speaker":"Ethan Waldman","startTime":571.85,"endTime":575.81,"body":"folks aren't staying in tiny"},{"speaker":"Ethan Waldman","startTime":575.81,"endTime":579.47,"body":"homes forever. Whereas as people"},{"speaker":"Ethan Waldman","startTime":575.81,"endTime":579.47,"body":"who are retiring tend to say,"},{"speaker":"Ethan Waldman","startTime":579.68,"endTime":582.08,"body":"you know, this is the home that"},{"speaker":"Ethan Waldman","startTime":579.68,"endTime":582.08,"body":"I'm gonna stay in until I you"},{"speaker":"Ethan Waldman","startTime":582.08,"endTime":583.55,"body":"know, can't live on my own"},{"speaker":"Ethan Waldman","startTime":582.08,"endTime":583.55,"body":"anymore."},{"speaker":"Henry Svec","startTime":584.44,"endTime":586.51,"body":"Yeah, and I think"},{"speaker":"Henry Svec","startTime":584.44,"endTime":586.51,"body":"that's a great point. And the"},{"speaker":"Henry Svec","startTime":586.51,"endTime":590.71,"body":"economics of it. I mean, we, we"},{"speaker":"Henry Svec","startTime":586.51,"endTime":590.71,"body":"were selling ours for $129,000"},{"speaker":"Henry Svec","startTime":590.98,"endTime":595.12,"body":"for the home, and it's $500 a"},{"speaker":"Henry Svec","startTime":590.98,"endTime":595.12,"body":"month or the, you know, the lat"},{"speaker":"Henry Svec","startTime":595.12,"endTime":598.63,"body":"rental, which includes water and"},{"speaker":"Henry Svec","startTime":595.12,"endTime":598.63,"body":"all that other stuff. And so we"},{"speaker":"Henry Svec","startTime":598.63,"endTime":602.17,"body":"were developing these and what"},{"speaker":"Henry Svec","startTime":598.63,"endTime":602.17,"body":"even offered financing. So we'll"},{"speaker":"Henry Svec","startTime":602.17,"endTime":605.56,"body":"even let people like we have one"},{"speaker":"Henry Svec","startTime":602.17,"endTime":605.56,"body":"sold and one's probably going to"},{"speaker":"Henry Svec","startTime":605.56,"endTime":608.74,"body":"be so we'll actually help people"},{"speaker":"Henry Svec","startTime":605.56,"endTime":608.74,"body":"buy them as a starter kind of"},{"speaker":"Henry Svec","startTime":608.74,"endTime":612.19,"body":"thing. And I think I think we"},{"speaker":"Henry Svec","startTime":608.74,"endTime":612.19,"body":"want to build a community. So"},{"speaker":"Henry Svec","startTime":612.19,"endTime":614.83,"body":"the first thing you realize when"},{"speaker":"Henry Svec","startTime":612.19,"endTime":614.83,"body":"you do the project like we did,"},{"speaker":"Henry Svec","startTime":614.83,"endTime":619.18,"body":"we divided the lots into one and"},{"speaker":"Henry Svec","startTime":614.83,"endTime":619.18,"body":"a half plus acre lot so that"},{"speaker":"Henry Svec","startTime":619.18,"endTime":621.88,"body":"when you put a tiny home as we"},{"speaker":"Henry Svec","startTime":619.18,"endTime":621.88,"body":"have on them, we have four tiny"},{"speaker":"Henry Svec","startTime":621.88,"endTime":626.56,"body":"homes, on them. Two on ours and"},{"speaker":"Henry Svec","startTime":621.88,"endTime":626.56,"body":"two on the Josh runs and Airbnb"},{"speaker":"Henry Svec","startTime":626.56,"endTime":629.32,"body":"out of the because the surfing"},{"speaker":"Henry Svec","startTime":626.56,"endTime":629.32,"body":"down there is amazing, believe"},{"speaker":"Henry Svec","startTime":629.32,"endTime":634.78,"body":"it or not we surfing Canada,"},{"speaker":"Henry Svec","startTime":629.32,"endTime":634.78,"body":"primarily really cold. So he"},{"speaker":"Henry Svec","startTime":634.78,"endTime":638.47,"body":"runs his out when there's a surf"},{"speaker":"Henry Svec","startTime":634.78,"endTime":638.47,"body":"swell Combi, it gives all the"},{"speaker":"Henry Svec","startTime":638.47,"endTime":641.38,"body":"surfers in November, December"},{"speaker":"Henry Svec","startTime":638.47,"endTime":641.38,"body":"going around in the water. But"},{"speaker":"Henry Svec","startTime":641.65,"endTime":645.22,"body":"the point of all that is, you"},{"speaker":"Henry Svec","startTime":641.65,"endTime":645.22,"body":"know, we, with COVID I thought"},{"speaker":"Henry Svec","startTime":645.22,"endTime":648.58,"body":"the theme was space, you know"},{"speaker":"Henry Svec","startTime":645.22,"endTime":648.58,"body":"you can have space. So on our"},{"speaker":"Henry Svec","startTime":648.58,"endTime":651.49,"body":"one and a half acre lots, if you"},{"speaker":"Henry Svec","startTime":648.58,"endTime":651.49,"body":"want to put in a garden, if you"},{"speaker":"Henry Svec","startTime":651.49,"endTime":653.98,"body":"want to have chickens, if you"},{"speaker":"Henry Svec","startTime":651.49,"endTime":653.98,"body":"want to do some solar, you do"},{"speaker":"Henry Svec","startTime":653.98,"endTime":656.95,"body":"whatever you want, let us know"},{"speaker":"Henry Svec","startTime":653.98,"endTime":656.95,"body":"ahead of time, but it's kind of"},{"speaker":"Henry Svec","startTime":656.95,"endTime":660.07,"body":"like where you have that. And"},{"speaker":"Henry Svec","startTime":656.95,"endTime":660.07,"body":"then when you're ready to move,"},{"speaker":"Henry Svec","startTime":660.07,"endTime":662.62,"body":"you simply can move your house."},{"speaker":"Henry Svec","startTime":660.07,"endTime":662.62,"body":"So you buy another piece of"},{"speaker":"Henry Svec","startTime":662.62,"endTime":665.14,"body":"property somewhere else, you can"},{"speaker":"Henry Svec","startTime":662.62,"endTime":665.14,"body":"simply move your tiny home that"},{"speaker":"Henry Svec","startTime":665.14,"endTime":669.16,"body":"you own somewhere else. But we"},{"speaker":"Henry Svec","startTime":665.14,"endTime":669.16,"body":"think with the ocean, and you"},{"speaker":"Henry Svec","startTime":669.16,"endTime":672.01,"body":"know ocean access, where you can"},{"speaker":"Henry Svec","startTime":669.16,"endTime":672.01,"body":"just walk down and jump in the"},{"speaker":"Henry Svec","startTime":672.01,"endTime":675.46,"body":"ocean to surf or whatever your"},{"speaker":"Henry Svec","startTime":672.01,"endTime":675.46,"body":"thing may be. It's a kind of"},{"speaker":"Henry Svec","startTime":675.46,"endTime":678.04,"body":"cool lifestyle. And if you take"},{"speaker":"Henry Svec","startTime":675.46,"endTime":678.04,"body":"the money you would be spending"},{"speaker":"Henry Svec","startTime":678.04,"endTime":680.56,"body":"on that Toronto house. Oh, by"},{"speaker":"Henry Svec","startTime":678.04,"endTime":680.56,"body":"the way, we also have high speed"},{"speaker":"Henry Svec","startTime":680.56,"endTime":683.62,"body":"internet there, which was one of"},{"speaker":"Henry Svec","startTime":680.56,"endTime":683.62,"body":"the cool things we wanted to"},{"speaker":"Henry Svec","startTime":683.62,"endTime":686.65,"body":"make sure even though we're in,"},{"speaker":"Henry Svec","startTime":683.62,"endTime":686.65,"body":"you know, five or six minutes"},{"speaker":"Henry Svec","startTime":686.65,"endTime":689.8,"body":"away from a town, which also has"},{"speaker":"Henry Svec","startTime":686.65,"endTime":689.8,"body":"a hospital, which is exciting."},{"speaker":"Henry Svec","startTime":690.04,"endTime":693.49,"body":"Health Care's there, you can"},{"speaker":"Henry Svec","startTime":690.04,"endTime":693.49,"body":"actually have high speed"},{"speaker":"Henry Svec","startTime":693.49,"endTime":696.16,"body":"internet. So if you work from"},{"speaker":"Henry Svec","startTime":693.49,"endTime":696.16,"body":"home, it's a great spot to do"},{"speaker":"Henry Svec","startTime":696.16,"endTime":696.4,"body":"that."},{"speaker":"Ethan Waldman","startTime":696.69,"endTime":699.48,"body":"Nice. And so"},{"speaker":"Ethan Waldman","startTime":696.69,"endTime":699.48,"body":"yeah, that's an interesting"},{"speaker":"Ethan Waldman","startTime":699.48,"endTime":704.28,"body":"model. So you're you're selling"},{"speaker":"Ethan Waldman","startTime":699.48,"endTime":704.28,"body":"the homes, but you're leasing"},{"speaker":"Ethan Waldman","startTime":704.31,"endTime":708.12,"body":"the parking spot. And so"},{"speaker":"Ethan Waldman","startTime":704.31,"endTime":708.12,"body":"somebody could buy the home,"},{"speaker":"Ethan Waldman","startTime":708.15,"endTime":711.18,"body":"stay there for a year or two,"},{"speaker":"Ethan Waldman","startTime":708.15,"endTime":711.18,"body":"and then you know, decide to"},{"speaker":"Ethan Waldman","startTime":711.18,"endTime":712.8,"body":"relocate and bring them home"},{"speaker":"Ethan Waldman","startTime":711.18,"endTime":712.8,"body":"with them."},{"speaker":"Henry Svec","startTime":713.16,"endTime":715.05,"body":"Right, we're very"},{"speaker":"Henry Svec","startTime":713.16,"endTime":715.05,"body":"flexible. So we're starting to"},{"speaker":"Henry Svec","startTime":715.05,"endTime":717.99,"body":"hear people say, Look, I have my"},{"speaker":"Henry Svec","startTime":715.05,"endTime":717.99,"body":"own tiny house, or I want to"},{"speaker":"Henry Svec","startTime":717.99,"endTime":720.84,"body":"build one can and we're starting"},{"speaker":"Henry Svec","startTime":717.99,"endTime":720.84,"body":"to entertain that because as"},{"speaker":"Henry Svec","startTime":720.84,"endTime":723.78,"body":"long as my biggest fear was, it"},{"speaker":"Henry Svec","startTime":720.84,"endTime":723.78,"body":"wouldn't be aesthetically"},{"speaker":"Henry Svec","startTime":723.78,"endTime":728.1,"body":"pleasing. Someone told us that"},{"speaker":"Henry Svec","startTime":723.78,"endTime":728.1,"body":"were zoned for a trailer park,"},{"speaker":"Henry Svec","startTime":728.1,"endTime":730.56,"body":"we could put it no disrespect,"},{"speaker":"Henry Svec","startTime":728.1,"endTime":730.56,"body":"that's another option of"},{"speaker":"Henry Svec","startTime":730.56,"endTime":734.94,"body":"housing, where you put them very"},{"speaker":"Henry Svec","startTime":730.56,"endTime":734.94,"body":"close together. But that's not"},{"speaker":"Henry Svec","startTime":734.94,"endTime":739.14,"body":"our concept. Our concept is"},{"speaker":"Henry Svec","startTime":734.94,"endTime":739.14,"body":"different, you know, a community"},{"speaker":"Henry Svec","startTime":739.14,"endTime":742.29,"body":"someday, and we're fine doing a"},{"speaker":"Henry Svec","startTime":739.14,"endTime":742.29,"body":"couple lights like we have to"},{"speaker":"Henry Svec","startTime":742.29,"endTime":744.93,"body":"develop the lots we put in"},{"speaker":"Henry Svec","startTime":742.29,"endTime":744.93,"body":"incredible we have incredible"},{"speaker":"Henry Svec","startTime":744.93,"endTime":749.34,"body":"water there. So every lot has"},{"speaker":"Henry Svec","startTime":744.93,"endTime":749.34,"body":"their own deep well. Deep sewage"},{"speaker":"Henry Svec","startTime":749.34,"endTime":753.69,"body":"system hooked up to power and"},{"speaker":"Henry Svec","startTime":749.34,"endTime":753.69,"body":"internet. We haven't entertained"},{"speaker":"Henry Svec","startTime":753.69,"endTime":756.66,"body":"the off the grid yet. But"},{"speaker":"Henry Svec","startTime":753.69,"endTime":756.66,"body":"certainly with all our land, we"},{"speaker":"Henry Svec","startTime":756.66,"endTime":758.7,"body":"could have off the grid"},{"speaker":"Henry Svec","startTime":756.66,"endTime":758.7,"body":"properties too. But right now"},{"speaker":"Henry Svec","startTime":758.7,"endTime":761.64,"body":"we're talking about properties"},{"speaker":"Henry Svec","startTime":758.7,"endTime":761.64,"body":"that have the all the amenities"},{"speaker":"Henry Svec","startTime":762.03,"endTime":763.29,"body":"that people can look into."},{"speaker":"Ethan Waldman","startTime":763.8,"endTime":766.53,"body":"Now when you when"},{"speaker":"Ethan Waldman","startTime":763.8,"endTime":766.53,"body":"you looked at this property, did"},{"speaker":"Ethan Waldman","startTime":766.53,"endTime":770.94,"body":"you look at it with an eye"},{"speaker":"Ethan Waldman","startTime":766.53,"endTime":770.94,"body":"towards doing a tiny house"},{"speaker":"Ethan Waldman","startTime":770.94,"endTime":775.47,"body":"development? Or did you kind of"},{"speaker":"Ethan Waldman","startTime":770.94,"endTime":775.47,"body":"buy the property and then kind"},{"speaker":"Ethan Waldman","startTime":775.47,"endTime":778.32,"body":"of come to tiny houses Oh, this"},{"speaker":"Ethan Waldman","startTime":775.47,"endTime":778.32,"body":"would be a great spot to do tiny"},{"speaker":"Ethan Waldman","startTime":778.32,"endTime":778.86,"body":"houses I"},{"speaker":"Henry Svec","startTime":778.99,"endTime":783.16,"body":"had no idea. So will"},{"speaker":"Henry Svec","startTime":778.99,"endTime":783.16,"body":"be quite up honest with you. We"},{"speaker":"Henry Svec","startTime":783.16,"endTime":788.14,"body":"bought these properties. Because"},{"speaker":"Henry Svec","startTime":783.16,"endTime":788.14,"body":"when Biden got elected, and our"},{"speaker":"Henry Svec","startTime":788.14,"endTime":790.9,"body":"guy was talking about carbon"},{"speaker":"Henry Svec","startTime":788.14,"endTime":790.9,"body":"offsets, I said to our team, and"},{"speaker":"Henry Svec","startTime":790.9,"endTime":793.75,"body":"then Now Joshua owns that"},{"speaker":"Henry Svec","startTime":790.9,"endTime":793.75,"body":"company. So let's go out and get"},{"speaker":"Henry Svec","startTime":793.75,"endTime":798.22,"body":"as much land as we can. Close to"},{"speaker":"Henry Svec","startTime":793.75,"endTime":798.22,"body":"ocean or on ocean, high speed"},{"speaker":"Henry Svec","startTime":798.22,"endTime":802.45,"body":"internet paved roads that we can"},{"speaker":"Henry Svec","startTime":798.22,"endTime":802.45,"body":"just land bank. Let's just keep"},{"speaker":"Henry Svec","startTime":802.45,"endTime":805.18,"body":"it for the next year. Who cares?"},{"speaker":"Henry Svec","startTime":802.45,"endTime":805.18,"body":"It'll be trees. It'll be it's"},{"speaker":"Henry Svec","startTime":805.18,"endTime":809.05,"body":"good, good feeling. So Joshua"},{"speaker":"Henry Svec","startTime":805.18,"endTime":809.05,"body":"son was a surfer went and looked"},{"speaker":"Henry Svec","startTime":809.05,"endTime":812.38,"body":"at Western Head where we"},{"speaker":"Henry Svec","startTime":809.05,"endTime":812.38,"body":"accumulated 150 some acres and"},{"speaker":"Henry Svec","startTime":812.38,"endTime":815.92,"body":"said, Dad, this is a great place"},{"speaker":"Henry Svec","startTime":812.38,"endTime":815.92,"body":"we should do X, Y and Z so I"},{"speaker":"Henry Svec","startTime":815.92,"endTime":818.71,"body":"said let's do it. So we started"},{"speaker":"Henry Svec","startTime":815.92,"endTime":818.71,"body":"with the tiny home and we're"},{"speaker":"Henry Svec","startTime":818.71,"endTime":822.67,"body":"continually evolving he's at"},{"speaker":"Henry Svec","startTime":818.71,"endTime":822.67,"body":"he's on Airbnb so people want to"},{"speaker":"Henry Svec","startTime":822.67,"endTime":825.28,"body":"check it out. You can go to"},{"speaker":"Henry Svec","startTime":822.67,"endTime":825.28,"body":"Ocean top tiny home surf Western"},{"speaker":"Henry Svec","startTime":825.28,"endTime":830.47,"body":"head and check it out on on"},{"speaker":"Henry Svec","startTime":825.28,"endTime":830.47,"body":"Airbnb but we married I have a"},{"speaker":"Henry Svec","startTime":830.47,"endTime":833.92,"body":"piece of property that we're"},{"speaker":"Henry Svec","startTime":830.47,"endTime":833.92,"body":"doing the the project but the"},{"speaker":"Henry Svec","startTime":833.92,"endTime":836.83,"body":"project is flexible based on"},{"speaker":"Henry Svec","startTime":833.92,"endTime":836.83,"body":"what people need as long as it's"},{"speaker":"Henry Svec","startTime":836.83,"endTime":841.24,"body":"a legit tiny home you can build"},{"speaker":"Henry Svec","startTime":836.83,"endTime":841.24,"body":"one you can bring one in will"},{"speaker":"Henry Svec","startTime":841.24,"endTime":843.94,"body":"prepare the lot for you. We were"},{"speaker":"Henry Svec","startTime":841.24,"endTime":843.94,"body":"only going to do a couple lots"},{"speaker":"Henry Svec","startTime":843.94,"endTime":846.88,"body":"here. We're very slow. We want"},{"speaker":"Henry Svec","startTime":843.94,"endTime":846.88,"body":"to see how it goes. Yeah, but"},{"speaker":"Henry Svec","startTime":846.88,"endTime":850.03,"body":"it's a it's a very quiet cool"},{"speaker":"Henry Svec","startTime":846.88,"endTime":850.03,"body":"place to be because you got the"},{"speaker":"Henry Svec","startTime":850.03,"endTime":853.81,"body":"ocean, but 180 degree view the"},{"speaker":"Henry Svec","startTime":850.03,"endTime":853.81,"body":"ocean and behind you have trees"},{"speaker":"Henry Svec","startTime":853.81,"endTime":856.96,"body":"everywhere. So you're somewhat"},{"speaker":"Henry Svec","startTime":853.81,"endTime":856.96,"body":"isolated, but it's seven or"},{"speaker":"Henry Svec","startTime":856.96,"endTime":859.54,"body":"eight minutes from town so you"},{"speaker":"Henry Svec","startTime":856.96,"endTime":859.54,"body":"have all the other amenities"},{"speaker":"Henry Svec","startTime":859.54,"endTime":860.98,"body":"that you need. Yeah,"},{"speaker":"Ethan Waldman","startTime":861.03,"endTime":864.45,"body":"it's the photos"},{"speaker":"Ethan Waldman","startTime":861.03,"endTime":864.45,"body":"that you sent. You know, it"},{"speaker":"Ethan Waldman","startTime":864.45,"endTime":866.97,"body":"looks like a beautiful setting"},{"speaker":"Ethan Waldman","startTime":864.45,"endTime":866.97,"body":"and we'll post those up on the"},{"speaker":"Ethan Waldman","startTime":866.97,"endTime":872.25,"body":"show notes page for for this"},{"speaker":"Ethan Waldman","startTime":866.97,"endTime":872.25,"body":"episode. I'm curious to learn"},{"speaker":"Ethan Waldman","startTime":872.25,"endTime":874.89,"body":"more about the the tiny houses"},{"speaker":"Ethan Waldman","startTime":872.25,"endTime":874.89,"body":"that you're building. Are they"},{"speaker":"Ethan Waldman","startTime":874.92,"endTime":878.88,"body":"are they all like a fixed"},{"speaker":"Ethan Waldman","startTime":874.92,"endTime":878.88,"body":"design? Or are you kind of doing"},{"speaker":"Ethan Waldman","startTime":879.09,"endTime":881.94,"body":"you know, each one at a time"},{"speaker":"Ethan Waldman","startTime":879.09,"endTime":881.94,"body":"unique? How was that working?"},{"speaker":"Henry Svec","startTime":881.9,"endTime":884.75,"body":"We did four of the"},{"speaker":"Henry Svec","startTime":881.9,"endTime":884.75,"body":"same because we started with the"},{"speaker":"Henry Svec","startTime":884.75,"endTime":889.49,"body":"builder who was building them"},{"speaker":"Henry Svec","startTime":884.75,"endTime":889.49,"body":"and I wanted high ceilings. Yep,"},{"speaker":"Henry Svec","startTime":889.58,"endTime":892.79,"body":"we have 11 foot ceilings and"},{"speaker":"Henry Svec","startTime":889.58,"endTime":892.79,"body":"also wanted a first floor"},{"speaker":"Henry Svec","startTime":892.79,"endTime":895.97,"body":"bedroom. Yep. And I had to have"},{"speaker":"Henry Svec","startTime":892.79,"endTime":895.97,"body":"a bathroom. That was a real"},{"speaker":"Henry Svec","startTime":895.97,"endTime":896.54,"body":"bathroom."},{"speaker":"Ethan Waldman","startTime":896.87,"endTime":897.08,"body":"Okay."},{"speaker":"Henry Svec","startTime":897.08,"endTime":898.64,"body":"I didn't want to"},{"speaker":"Henry Svec","startTime":897.08,"endTime":898.64,"body":"have a shower where you're"},{"speaker":"Henry Svec","startTime":898.64,"endTime":901.61,"body":"showering with the toilet, which"},{"speaker":"Henry Svec","startTime":898.64,"endTime":901.61,"body":"I think is the concept,"},{"speaker":"Henry Svec","startTime":902.0,"endTime":905.42,"body":"depending on the site, so we"},{"speaker":"Henry Svec","startTime":902.0,"endTime":905.42,"body":"actually have a separate shower"},{"speaker":"Henry Svec","startTime":905.42,"endTime":908.21,"body":"with a shower door, and a"},{"speaker":"Henry Svec","startTime":905.42,"endTime":908.21,"body":"separate place and all of that"},{"speaker":"Henry Svec","startTime":908.21,"endTime":911.96,"body":"kind of stuff. And so we want I"},{"speaker":"Henry Svec","startTime":908.21,"endTime":911.96,"body":"wanted, those are my only two."},{"speaker":"Henry Svec","startTime":911.96,"endTime":915.2,"body":"So we put that into the design"},{"speaker":"Henry Svec","startTime":911.96,"endTime":915.2,"body":"and the rooftop balcony because"},{"speaker":"Henry Svec","startTime":915.2,"endTime":919.43,"body":"of the views and also a"},{"speaker":"Henry Svec","startTime":915.2,"endTime":919.43,"body":"woodstove. So that we can have a"},{"speaker":"Henry Svec","startTime":919.43,"endTime":922.01,"body":"tiny wood stove in there,"},{"speaker":"Henry Svec","startTime":919.43,"endTime":922.01,"body":"because we have wood everywhere"},{"speaker":"Henry Svec","startTime":922.01,"endTime":925.1,"body":"as a backup. We were"},{"speaker":"Henry Svec","startTime":922.01,"endTime":925.1,"body":"entertaining solar, we have"},{"speaker":"Henry Svec","startTime":925.1,"endTime":927.77,"body":"solar on many of our properties."},{"speaker":"Henry Svec","startTime":925.1,"endTime":927.77,"body":"But we didn't do solar on these"},{"speaker":"Henry Svec","startTime":927.77,"endTime":930.86,"body":"yet, we're still sort of fooling"},{"speaker":"Henry Svec","startTime":927.77,"endTime":930.86,"body":"around with that idea for"},{"speaker":"Henry Svec","startTime":930.86,"endTime":934.91,"body":"battery backup, or actual off"},{"speaker":"Henry Svec","startTime":930.86,"endTime":934.91,"body":"grid living. So you know, it"},{"speaker":"Henry Svec","startTime":934.91,"endTime":937.37,"body":"just sort of working with the"},{"speaker":"Henry Svec","startTime":934.91,"endTime":937.37,"body":"building. Now the trouble, as"},{"speaker":"Henry Svec","startTime":937.37,"endTime":940.73,"body":"you may know, is that I've"},{"speaker":"Henry Svec","startTime":937.37,"endTime":940.73,"body":"learned and this is I don't know"},{"speaker":"Henry Svec","startTime":940.73,"endTime":943.16,"body":"very much about it, obviously."},{"speaker":"Henry Svec","startTime":940.73,"endTime":943.16,"body":"But there's a group like"},{"speaker":"Henry Svec","startTime":943.16,"endTime":945.74,"body":"yourself who build who are very"},{"speaker":"Henry Svec","startTime":943.16,"endTime":945.74,"body":"handy, I have no skills, I can't"},{"speaker":"Henry Svec","startTime":945.74,"endTime":949.49,"body":"build anything. And then there's"},{"speaker":"Henry Svec","startTime":945.74,"endTime":949.49,"body":"a group of contractors who"},{"speaker":"Henry Svec","startTime":949.49,"endTime":952.55,"body":"really are aren't in the"},{"speaker":"Henry Svec","startTime":949.49,"endTime":952.55,"body":"business. So there's a group"},{"speaker":"Henry Svec","startTime":952.55,"endTime":955.55,"body":"that are really building"},{"speaker":"Henry Svec","startTime":952.55,"endTime":955.55,"body":"incredibly high end tiny homes."},{"speaker":"Ethan Waldman","startTime":955.61,"endTime":956.09,"body":"Yep."},{"speaker":"Henry Svec","startTime":956.36,"endTime":959.66,"body":"But there isn't a"},{"speaker":"Henry Svec","startTime":956.36,"endTime":959.66,"body":"group that are building nice,"},{"speaker":"Henry Svec","startTime":959.66,"endTime":964.25,"body":"affordable, you know, solid"},{"speaker":"Henry Svec","startTime":959.66,"endTime":964.25,"body":"homes, our guy did, but he's now"},{"speaker":"Henry Svec","startTime":964.25,"endTime":966.59,"body":"in the other building, because"},{"speaker":"Henry Svec","startTime":964.25,"endTime":966.59,"body":"the construction industry went"},{"speaker":"Henry Svec","startTime":966.59,"endTime":970.16,"body":"so crazy. He went into other"},{"speaker":"Henry Svec","startTime":966.59,"endTime":970.16,"body":"bigger projects. So currently,"},{"speaker":"Henry Svec","startTime":970.16,"endTime":973.4,"body":"we don't have a tiny home"},{"speaker":"Henry Svec","startTime":970.16,"endTime":973.4,"body":"builder. We're looking at"},{"speaker":"Henry Svec","startTime":973.4,"endTime":975.92,"body":"different options. And we're"},{"speaker":"Henry Svec","startTime":973.4,"endTime":975.92,"body":"also hearing from people who"},{"speaker":"Henry Svec","startTime":975.92,"endTime":978.08,"body":"have interest in our land,"},{"speaker":"Henry Svec","startTime":975.92,"endTime":978.08,"body":"they'd like to bring their own"},{"speaker":"Henry Svec","startTime":978.08,"endTime":980.21,"body":"home or build your own. So I"},{"speaker":"Henry Svec","startTime":978.08,"endTime":980.21,"body":"think that's where we'll"},{"speaker":"Henry Svec","startTime":980.21,"endTime":982.64,"body":"probably end up we're not going"},{"speaker":"Henry Svec","startTime":980.21,"endTime":982.64,"body":"to be building them anymore."},{"speaker":"Henry Svec","startTime":982.97,"endTime":986.0,"body":"We're going to be providing the"},{"speaker":"Henry Svec","startTime":982.97,"endTime":986.0,"body":"great space. Yep. And the"},{"speaker":"Henry Svec","startTime":986.06,"endTime":989.45,"body":"infrastructure. You know, I have"},{"speaker":"Henry Svec","startTime":986.06,"endTime":989.45,"body":"a man who does the road in case"},{"speaker":"Henry Svec","startTime":989.45,"endTime":994.43,"body":"it snows. Yep. And make sure you"},{"speaker":"Henry Svec","startTime":989.45,"endTime":994.43,"body":"know, folks enjoy where they're"},{"speaker":"Henry Svec","startTime":994.43,"endTime":994.58,"body":"at."},{"speaker":"Ethan Waldman","startTime":995.52,"endTime":997.44,"body":"Yeah, well,"},{"speaker":"Ethan Waldman","startTime":995.52,"endTime":997.44,"body":"that's, that's really exciting."},{"speaker":"Ethan Waldman","startTime":997.44,"endTime":1000.47,"body":"And what are the laws like,"},{"speaker":"Ethan Waldman","startTime":997.44,"endTime":1000.47,"body":"there? You know, Are they"},{"speaker":"Ethan Waldman","startTime":1000.47,"endTime":1001.73,"body":"friendly to tiny homes?"},{"speaker":"Henry Svec","startTime":1001.9,"endTime":1004.03,"body":"Well see? That's a"},{"speaker":"Henry Svec","startTime":1001.9,"endTime":1004.03,"body":"great question, because most"},{"speaker":"Henry Svec","startTime":1004.03,"endTime":1007.51,"body":"municipalities in in Canada and"},{"speaker":"Henry Svec","startTime":1004.03,"endTime":1007.51,"body":"Nova Scotia have passed laws"},{"speaker":"Henry Svec","startTime":1007.51,"endTime":1011.29,"body":"saying you can have a home with"},{"speaker":"Henry Svec","startTime":1007.51,"endTime":1011.29,"body":"your existing house because of"},{"speaker":"Henry Svec","startTime":1011.29,"endTime":1014.26,"body":"the housing, great housing"},{"speaker":"Henry Svec","startTime":1011.29,"endTime":1014.26,"body":"crisis. Many of them, however,"},{"speaker":"Henry Svec","startTime":1014.26,"endTime":1019.18,"body":"still have not built up the"},{"speaker":"Henry Svec","startTime":1014.26,"endTime":1019.18,"body":"infrastructure and the bylaws to"},{"speaker":"Henry Svec","startTime":1019.18,"endTime":1020.98,"body":"allow tiny homes, but they allow"},{"speaker":"Henry Svec","startTime":1019.18,"endTime":1020.98,"body":"them."},{"speaker":"Ethan Waldman","startTime":1021.64,"endTime":1022.15,"body":"Okay."},{"speaker":"Henry Svec","startTime":1022.48,"endTime":1025.54,"body":"So before we could"},{"speaker":"Henry Svec","startTime":1022.48,"endTime":1025.54,"body":"do our tiny home project, we had"},{"speaker":"Henry Svec","startTime":1025.54,"endTime":1028.9,"body":"to put in a development plan,"},{"speaker":"Henry Svec","startTime":1025.54,"endTime":1028.9,"body":"which we did, and it was"},{"speaker":"Henry Svec","startTime":1028.9,"endTime":1032.2,"body":"approved. And it clearly"},{"speaker":"Henry Svec","startTime":1028.9,"endTime":1032.2,"body":"indicated they were tiny homes,"},{"speaker":"Henry Svec","startTime":1032.53,"endTime":1035.38,"body":"but then the provincial bylaws"},{"speaker":"Henry Svec","startTime":1032.53,"endTime":1035.38,"body":"are somewhat in conflict to the"},{"speaker":"Henry Svec","startTime":1035.38,"endTime":1041.26,"body":"local. So we've had no issues"},{"speaker":"Henry Svec","startTime":1035.38,"endTime":1041.26,"body":"and they recently hit us with"},{"speaker":"Henry Svec","startTime":1041.26,"endTime":1042.97,"body":"some taxes so they're happy with"},{"speaker":"Henry Svec","startTime":1041.26,"endTime":1042.97,"body":"it."},{"speaker":"Ethan Waldman","startTime":1043.51,"endTime":1044.05,"body":"There you go."},{"speaker":"Henry Svec","startTime":1044.47,"endTime":1046.27,"body":"But we're going to"},{"speaker":"Henry Svec","startTime":1044.47,"endTime":1046.27,"body":"have to see what ends up"},{"speaker":"Henry Svec","startTime":1046.27,"endTime":1050.05,"body":"happening. I think there's a"},{"speaker":"Henry Svec","startTime":1046.27,"endTime":1050.05,"body":"strong movement to make sure"},{"speaker":"Henry Svec","startTime":1050.05,"endTime":1052.81,"body":"these homes are allowed, because"},{"speaker":"Henry Svec","startTime":1050.05,"endTime":1052.81,"body":"they're incredible, like we"},{"speaker":"Henry Svec","startTime":1052.81,"endTime":1056.38,"body":"have, we have central air, I"},{"speaker":"Henry Svec","startTime":1052.81,"endTime":1056.38,"body":"guess you can call it central"},{"speaker":"Henry Svec","startTime":1056.38,"endTime":1060.07,"body":"air conditioning, but they're"},{"speaker":"Henry Svec","startTime":1056.38,"endTime":1060.07,"body":"air conditioned or heated. They"},{"speaker":"Henry Svec","startTime":1060.07,"endTime":1064.81,"body":"have all the amenities. They're"},{"speaker":"Henry Svec","startTime":1060.07,"endTime":1064.81,"body":"safe. So yeah, I think I think"},{"speaker":"Henry Svec","startTime":1064.81,"endTime":1067.69,"body":"they're they're here. I mean, I"},{"speaker":"Henry Svec","startTime":1064.81,"endTime":1067.69,"body":"think of people living in mobile"},{"speaker":"Henry Svec","startTime":1067.69,"endTime":1071.8,"body":"homes, who drive around the"},{"speaker":"Henry Svec","startTime":1067.69,"endTime":1071.8,"body":"country. And that's the other"},{"speaker":"Henry Svec","startTime":1071.8,"endTime":1074.8,"body":"concept. We're not sure if the"},{"speaker":"Henry Svec","startTime":1071.8,"endTime":1074.8,"body":"populations are compatible, but"},{"speaker":"Henry Svec","startTime":1074.8,"endTime":1079.33,"body":"we could easily have these one"},{"speaker":"Henry Svec","startTime":1074.8,"endTime":1079.33,"body":"and a half acre lots for mobile"},{"speaker":"Henry Svec","startTime":1079.51,"endTime":1082.57,"body":"home folks to the park during"},{"speaker":"Henry Svec","startTime":1079.51,"endTime":1082.57,"body":"trial for a while, while they"},{"speaker":"Henry Svec","startTime":1082.57,"endTime":1084.64,"body":"enjoy surfing or whatever"},{"speaker":"Henry Svec","startTime":1082.57,"endTime":1084.64,"body":"they're doing. So we're still"},{"speaker":"Henry Svec","startTime":1084.64,"endTime":1087.01,"body":"sort of taught, we don't want to"},{"speaker":"Henry Svec","startTime":1084.64,"endTime":1087.01,"body":"disrupt it for the other people,"},{"speaker":"Henry Svec","startTime":1087.01,"endTime":1089.14,"body":"but we're trying to try to find"},{"speaker":"Henry Svec","startTime":1087.01,"endTime":1089.14,"body":"the right mix."},{"speaker":"Ethan Waldman","startTime":1089.53,"endTime":1092.14,"body":"Yeah, you could"},{"speaker":"Ethan Waldman","startTime":1089.53,"endTime":1092.14,"body":"always have a balance a blend,"},{"speaker":"Ethan Waldman","startTime":1092.14,"endTime":1094.99,"body":"you know, maybe a couple of"},{"speaker":"Ethan Waldman","startTime":1092.14,"endTime":1094.99,"body":"spots that are available for,"},{"speaker":"Ethan Waldman","startTime":1095.11,"endTime":1098.2,"body":"you know, people who are"},{"speaker":"Ethan Waldman","startTime":1095.11,"endTime":1098.2,"body":"traveling, not just mobile"},{"speaker":"Ethan Waldman","startTime":1098.2,"endTime":1101.38,"body":"homes, you know, there's like a"},{"speaker":"Ethan Waldman","startTime":1098.2,"endTime":1101.38,"body":"whole van life skoolies, you"},{"speaker":"Ethan Waldman","startTime":1101.38,"endTime":1104.62,"body":"know, converted vehicles that"},{"speaker":"Ethan Waldman","startTime":1101.38,"endTime":1104.62,"body":"people live in and travel in"},{"speaker":"Ethan Waldman","startTime":1105.22,"endTime":1105.43,"body":"cities."},{"speaker":"Henry Svec","startTime":1105.43,"endTime":1108.01,"body":"And what's the off"},{"speaker":"Henry Svec","startTime":1105.43,"endTime":1108.01,"body":"the grid group like? Is there a"},{"speaker":"Henry Svec","startTime":1108.01,"endTime":1110.98,"body":"lot of people who want off the"},{"speaker":"Henry Svec","startTime":1108.01,"endTime":1110.98,"body":"grid living? Or do people want"},{"speaker":"Henry Svec","startTime":1111.01,"endTime":1113.47,"body":"all the amenities as we're"},{"speaker":"Henry Svec","startTime":1111.01,"endTime":1113.47,"body":"thinking of providing?"},{"speaker":"Ethan Waldman","startTime":1114.49,"endTime":1117.46,"body":"I think that it's"},{"speaker":"Ethan Waldman","startTime":1114.49,"endTime":1117.46,"body":"a little bit of everything. I"},{"speaker":"Ethan Waldman","startTime":1117.46,"endTime":1121.45,"body":"think that a lot of tiny home"},{"speaker":"Ethan Waldman","startTime":1117.46,"endTime":1121.45,"body":"owners end up being off the grid"},{"speaker":"Ethan Waldman","startTime":1121.93,"endTime":1125.23,"body":"more because they have to just"},{"speaker":"Ethan Waldman","startTime":1121.93,"endTime":1125.23,"body":"because of where they're"},{"speaker":"Ethan Waldman","startTime":1125.23,"endTime":1132.28,"body":"parking, might not have a power"},{"speaker":"Ethan Waldman","startTime":1125.23,"endTime":1132.28,"body":"hookup. So and then the there"},{"speaker":"Ethan Waldman","startTime":1132.28,"endTime":1135.58,"body":"are some people who go into it"},{"speaker":"Ethan Waldman","startTime":1132.28,"endTime":1135.58,"body":"specifically because they want"},{"speaker":"Ethan Waldman","startTime":1135.58,"endTime":1138.43,"body":"to be off the grid, but I would"},{"speaker":"Ethan Waldman","startTime":1135.58,"endTime":1138.43,"body":"say the majority want to be"},{"speaker":"Ethan Waldman","startTime":1138.43,"endTime":1142.93,"body":"connected and want, they want it"},{"speaker":"Ethan Waldman","startTime":1138.43,"endTime":1142.93,"body":"to be convenient and stable and"},{"speaker":"Ethan Waldman","startTime":1142.93,"endTime":1147.22,"body":"reliable. versus you know,"},{"speaker":"Ethan Waldman","startTime":1142.93,"endTime":1147.22,"body":"waking up and you know, not"},{"speaker":"Ethan Waldman","startTime":1147.22,"endTime":1150.37,"body":"having enough battery power to"},{"speaker":"Ethan Waldman","startTime":1147.22,"endTime":1150.37,"body":"to make your toast."},{"speaker":"Henry Svec","startTime":1150.88,"endTime":1153.49,"body":"Yeah, I understand"},{"speaker":"Henry Svec","startTime":1150.88,"endTime":1153.49,"body":"that. I feel good. Well, I mean,"},{"speaker":"Henry Svec","startTime":1153.49,"endTime":1155.62,"body":"we're gonna continue with the"},{"speaker":"Henry Svec","startTime":1153.49,"endTime":1155.62,"body":"development that way."},{"speaker":"Ethan Waldman","startTime":1155.74,"endTime":1156.13,"body":"Yeah."},{"speaker":"Henry Svec","startTime":1156.22,"endTime":1158.17,"body":"You know, bringing"},{"speaker":"Henry Svec","startTime":1156.22,"endTime":1158.17,"body":"in the power was a challenge. I"},{"speaker":"Henry Svec","startTime":1158.17,"endTime":1161.29,"body":"mean, I didn't know I mean, just"},{"speaker":"Henry Svec","startTime":1158.17,"endTime":1161.29,"body":"bringing in the hydro from the"},{"speaker":"Henry Svec","startTime":1161.29,"endTime":1166.3,"body":"road took us probably four"},{"speaker":"Henry Svec","startTime":1161.29,"endTime":1166.3,"body":"months of talking to groups and"},{"speaker":"Henry Svec","startTime":1166.54,"endTime":1169.78,"body":"yeah, the power company and all"},{"speaker":"Henry Svec","startTime":1166.54,"endTime":1169.78,"body":"kinds of things so so getting"},{"speaker":"Henry Svec","startTime":1169.78,"endTime":1172.21,"body":"the infrastructure you know,"},{"speaker":"Henry Svec","startTime":1169.78,"endTime":1172.21,"body":"sometimes it sounds simple,"},{"speaker":"Henry Svec","startTime":1172.21,"endTime":1175.3,"body":"we'll just buy a piece of land"},{"speaker":"Henry Svec","startTime":1172.21,"endTime":1175.3,"body":"and you know, do this and that"},{"speaker":"Henry Svec","startTime":1175.3,"endTime":1177.52,"body":"are the septics, you know,"},{"speaker":"Henry Svec","startTime":1175.3,"endTime":1177.52,"body":"making sure the wells are"},{"speaker":"Henry Svec","startTime":1177.52,"endTime":1181.99,"body":"properly tested and you have all"},{"speaker":"Henry Svec","startTime":1177.52,"endTime":1181.99,"body":"the filters in place and you"},{"speaker":"Henry Svec","startTime":1181.99,"endTime":1186.07,"body":"know, it is but you know, on the"},{"speaker":"Henry Svec","startTime":1181.99,"endTime":1186.07,"body":"other side, it's wonderful to"},{"speaker":"Henry Svec","startTime":1186.07,"endTime":1188.41,"body":"see that we might be when we"},{"speaker":"Henry Svec","startTime":1186.07,"endTime":1188.41,"body":"finish the project, we'll have"},{"speaker":"Henry Svec","startTime":1188.44,"endTime":1192.16,"body":"about 25 lots on the one"},{"speaker":"Henry Svec","startTime":1188.44,"endTime":1192.16,"body":"property. Okay, it'd be kind of"},{"speaker":"Henry Svec","startTime":1192.16,"endTime":1195.82,"body":"cool to have 25 You know, tiny"},{"speaker":"Henry Svec","startTime":1192.16,"endTime":1195.82,"body":"home owners there and then we"},{"speaker":"Henry Svec","startTime":1195.82,"endTime":1197.92,"body":"might actually put we were"},{"speaker":"Henry Svec","startTime":1195.82,"endTime":1197.92,"body":"talking about putting a little"},{"speaker":"Henry Svec","startTime":1197.92,"endTime":1200.92,"body":"office up somewhere so people"},{"speaker":"Henry Svec","startTime":1197.92,"endTime":1200.92,"body":"could use like Yeah, you know,"},{"speaker":"Henry Svec","startTime":1200.92,"endTime":1203.65,"body":"just to get into an office share"},{"speaker":"Henry Svec","startTime":1200.92,"endTime":1203.65,"body":"situation to get out of the"},{"speaker":"Henry Svec","startTime":1203.65,"endTime":1206.92,"body":"house route for a bit Central or"},{"speaker":"Henry Svec","startTime":1203.65,"endTime":1206.92,"body":"central space or building."},{"speaker":"Ethan Waldman","startTime":1206.92,"endTime":1209.02,"body":"Yeah, right."},{"speaker":"Ethan Waldman","startTime":1206.92,"endTime":1209.02,"body":"That's the dream for many"},{"speaker":"Ethan Waldman","startTime":1209.02,"endTime":1212.41,"body":"people, I think being able to"},{"speaker":"Ethan Waldman","startTime":1209.02,"endTime":1212.41,"body":"live in community and have, you"},{"speaker":"Ethan Waldman","startTime":1212.41,"endTime":1216.67,"body":"know, a shared space that that"},{"speaker":"Ethan Waldman","startTime":1212.41,"endTime":1216.67,"body":"can serve, serve needs that the"},{"speaker":"Ethan Waldman","startTime":1216.67,"endTime":1219.4,"body":"little house, you know, can't"},{"speaker":"Ethan Waldman","startTime":1216.67,"endTime":1219.4,"body":"quite do like for bigger"},{"speaker":"Ethan Waldman","startTime":1219.4,"endTime":1221.71,"body":"gatherings or office space, that"},{"speaker":"Ethan Waldman","startTime":1219.4,"endTime":1221.71,"body":"kind of stuff."},{"speaker":"Henry Svec","startTime":1221.95,"endTime":1223.63,"body":"Well, we have good"},{"speaker":"Henry Svec","startTime":1221.95,"endTime":1223.63,"body":"news too, is we have the ocean"},{"speaker":"Henry Svec","startTime":1223.63,"endTime":1226.48,"body":"so you can in five minute walk,"},{"speaker":"Henry Svec","startTime":1223.63,"endTime":1226.48,"body":"you can get down to the ocean."},{"speaker":"Henry Svec","startTime":1226.93,"endTime":1231.43,"body":"And so you can sit just by the"},{"speaker":"Henry Svec","startTime":1226.93,"endTime":1231.43,"body":"ocean and enjoy everything it"},{"speaker":"Henry Svec","startTime":1231.43,"endTime":1233.68,"body":"has to offer. So so that's"},{"speaker":"Henry Svec","startTime":1231.43,"endTime":1233.68,"body":"pretty exciting."},{"speaker":"Ethan Waldman","startTime":1234.28,"endTime":1237.34,"body":"Yeah, well, I"},{"speaker":"Ethan Waldman","startTime":1234.28,"endTime":1237.34,"body":"mean, it sounds like you're"},{"speaker":"Ethan Waldman","startTime":1237.34,"endTime":1240.76,"body":"doing it right. It sounds"},{"speaker":"Ethan Waldman","startTime":1237.34,"endTime":1240.76,"body":"expensive. Do you mind if I ask"},{"speaker":"Ethan Waldman","startTime":1240.76,"endTime":1243.64,"body":"what your cost per lot to"},{"speaker":"Ethan Waldman","startTime":1240.76,"endTime":1243.64,"body":"develop is?"},{"speaker":"Ethan Waldman","startTime":1243.0,"endTime":1243.12,"body":"Yeah."},{"speaker":"Henry Svec","startTime":1243.0,"endTime":1246.448,"body":"Well, that's a great"},{"speaker":"Henry Svec","startTime":1243.0,"endTime":1246.448,"body":"question, I can tell you that"},{"speaker":"Henry Svec","startTime":1244.77,"endTime":1255.24,"body":"So, you know, in the"},{"speaker":"Henry Svec","startTime":1244.77,"endTime":1255.24,"body":"province, it's quite good."},{"speaker":"Henry Svec","startTime":1246.517,"endTime":1250.794,"body":"the septics and the water are in"},{"speaker":"Henry Svec","startTime":1246.517,"endTime":1250.794,"body":"that $30 to $40,000 range. By"},{"speaker":"Henry Svec","startTime":1250.863,"endTime":1254.725,"body":"the time you get all your"},{"speaker":"Henry Svec","startTime":1250.863,"endTime":1254.725,"body":"approvals and everything done,"},{"speaker":"Henry Svec","startTime":1254.794,"endTime":1259.002,"body":"then you have the infrastructure"},{"speaker":"Henry Svec","startTime":1254.794,"endTime":1259.002,"body":"of the road building, so you"},{"speaker":"Henry Svec","startTime":1255.24,"endTime":1260.19,"body":"Everything is approved by"},{"speaker":"Henry Svec","startTime":1255.24,"endTime":1260.19,"body":"standards of health. So yeah, we"},{"speaker":"Henry Svec","startTime":1259.071,"endTime":1263.278,"body":"have to build a solid road and"},{"speaker":"Henry Svec","startTime":1259.071,"endTime":1263.278,"body":"make it with gravel and so on."},{"speaker":"Henry Svec","startTime":1261.48,"endTime":1278.34,"body":"had to dig for the soil content"},{"speaker":"Henry Svec","startTime":1261.48,"endTime":1278.34,"body":"to put in the septics properly."},{"speaker":"Henry Svec","startTime":1263.347,"endTime":1267.21,"body":"On top of that you have"},{"speaker":"Henry Svec","startTime":1263.347,"endTime":1267.21,"body":"engineering and surveying costs."},{"speaker":"Henry Svec","startTime":1278.34,"endTime":1281.94,"body":"And because we're such a spread"},{"speaker":"Henry Svec","startTime":1278.34,"endTime":1281.94,"body":"out community, we're not doing"},{"speaker":"Henry Svec","startTime":1281.97,"endTime":1284.79,"body":"high intense stuff we're doing"},{"speaker":"Henry Svec","startTime":1281.97,"endTime":1284.79,"body":"pretty much you know, one and a"},{"speaker":"Henry Svec","startTime":1284.79,"endTime":1288.33,"body":"half acres is quite a large"},{"speaker":"Henry Svec","startTime":1284.79,"endTime":1288.33,"body":"property. So I would say"},{"speaker":"Henry Svec","startTime":1288.33,"endTime":1291.6,"body":"probably to develop without the"},{"speaker":"Henry Svec","startTime":1288.33,"endTime":1291.6,"body":"cost of the land, just simply"},{"speaker":"Henry Svec","startTime":1291.6,"endTime":1294.87,"body":"developing, we're probably"},{"speaker":"Henry Svec","startTime":1291.6,"endTime":1294.87,"body":"looking at that $40 to $50,000."},{"speaker":"Henry Svec","startTime":1294.87,"endTime":1295.56,"body":"A lot range."},{"speaker":"Ethan Waldman","startTime":1295.68,"endTime":1296.16,"body":"Okay."},{"speaker":"Henry Svec","startTime":1296.34,"endTime":1300.24,"body":"To develop. Alright,"},{"speaker":"Henry Svec","startTime":1296.34,"endTime":1300.24,"body":"not terrible. No, and we're"},{"speaker":"Henry Svec","startTime":1300.24,"endTime":1303.66,"body":"lucky because we have a great"},{"speaker":"Henry Svec","startTime":1300.24,"endTime":1303.66,"body":"road, Phillip, our road guy down"},{"speaker":"Henry Svec","startTime":1303.66,"endTime":1306.6,"body":"there is really reasonable. He"},{"speaker":"Henry Svec","startTime":1303.66,"endTime":1306.6,"body":"has his own gravel pit, nice"},{"speaker":"Henry Svec","startTime":1306.63,"endTime":1310.32,"body":"rock crushing operation. So"},{"speaker":"Henry Svec","startTime":1306.63,"endTime":1310.32,"body":"we've developed the relationship"},{"speaker":"Henry Svec","startTime":1310.32,"endTime":1312.87,"body":"and he's worked with us we've"},{"speaker":"Henry Svec","startTime":1310.32,"endTime":1312.87,"body":"over the last two and a half"},{"speaker":"Henry Svec","startTime":1312.87,"endTime":1316.11,"body":"years, we've been working on the"},{"speaker":"Henry Svec","startTime":1312.87,"endTime":1316.11,"body":"project. So yeah, local, try to"},{"speaker":"Henry Svec","startTime":1316.14,"endTime":1318.66,"body":"hire local whenever we can. We"},{"speaker":"Henry Svec","startTime":1316.14,"endTime":1318.66,"body":"have a great electrician who's"},{"speaker":"Henry Svec","startTime":1318.66,"endTime":1323.94,"body":"local. Of course, he helps with"},{"speaker":"Henry Svec","startTime":1318.66,"endTime":1323.94,"body":"the power negotiation stuff. So"},{"speaker":"Henry Svec","startTime":1323.94,"endTime":1327.21,"body":"yeah, it's it's just it's a lot"},{"speaker":"Henry Svec","startTime":1323.94,"endTime":1327.21,"body":"of fun. You know, it's, it's"},{"speaker":"Henry Svec","startTime":1327.21,"endTime":1329.73,"body":"become a challenge. But it's"},{"speaker":"Henry Svec","startTime":1327.21,"endTime":1329.73,"body":"it's a great learning"},{"speaker":"Henry Svec","startTime":1329.73,"endTime":1333.45,"body":"opportunity. And I think it's to"},{"speaker":"Henry Svec","startTime":1329.73,"endTime":1333.45,"body":"help people who are at the"},{"speaker":"Henry Svec","startTime":1333.45,"endTime":1337.14,"body":"starter side, or the other side,"},{"speaker":"Henry Svec","startTime":1333.45,"endTime":1337.14,"body":"and they haven't had a lot of"},{"speaker":"Henry Svec","startTime":1337.14,"endTime":1339.81,"body":"real estate experience, because"},{"speaker":"Henry Svec","startTime":1337.14,"endTime":1339.81,"body":"negotiations, everything, as you"},{"speaker":"Henry Svec","startTime":1339.81,"endTime":1343.98,"body":"probably know, and trying to get"},{"speaker":"Henry Svec","startTime":1339.81,"endTime":1343.98,"body":"the right. situation and value"},{"speaker":"Henry Svec","startTime":1343.98,"endTime":1345.24,"body":"is important for people."},{"speaker":"Ethan Waldman","startTime":1345.8,"endTime":1348.83,"body":"What what has"},{"speaker":"Ethan Waldman","startTime":1345.8,"endTime":1348.83,"body":"been, you know, what's been the"},{"speaker":"Ethan Waldman","startTime":1348.83,"endTime":1350.78,"body":"biggest challenge or what have"},{"speaker":"Ethan Waldman","startTime":1348.83,"endTime":1350.78,"body":"been some of the biggest"},{"speaker":"Ethan Waldman","startTime":1350.78,"endTime":1351.86,"body":"challenges so far?"},{"speaker":"Henry Svec","startTime":1352.2,"endTime":1355.59,"body":"I think getting you"},{"speaker":"Henry Svec","startTime":1352.2,"endTime":1355.59,"body":"know, we've built during COVID,"},{"speaker":"Henry Svec","startTime":1355.62,"endTime":1358.44,"body":"other properties, standard"},{"speaker":"Henry Svec","startTime":1355.62,"endTime":1358.44,"body":"properties, rentals, student"},{"speaker":"Henry Svec","startTime":1358.44,"endTime":1362.7,"body":"properties at University towns,"},{"speaker":"Henry Svec","startTime":1358.44,"endTime":1362.7,"body":"this, the building was the most"},{"speaker":"Henry Svec","startTime":1362.7,"endTime":1368.1,"body":"challenging because some of the,"},{"speaker":"Henry Svec","startTime":1362.7,"endTime":1368.1,"body":"I've dealt with contractor for"},{"speaker":"Henry Svec","startTime":1368.1,"endTime":1371.79,"body":"40 years, and it's a tough"},{"speaker":"Henry Svec","startTime":1368.1,"endTime":1371.79,"body":"industry, some say the worst"},{"speaker":"Henry Svec","startTime":1371.79,"endTime":1376.65,"body":"industry on the planet. And so"},{"speaker":"Henry Svec","startTime":1371.79,"endTime":1376.65,"body":"COVID was a convenient excuse"},{"speaker":"Henry Svec","startTime":1376.68,"endTime":1377.52,"body":"for everything."},{"speaker":"Ethan Waldman","startTime":1377.94,"endTime":1378.48,"body":"Okay."},{"speaker":"Henry Svec","startTime":1378.78,"endTime":1382.17,"body":"And so, you know, we"},{"speaker":"Henry Svec","startTime":1378.78,"endTime":1382.17,"body":"would hear, and we've never had"},{"speaker":"Henry Svec","startTime":1382.17,"endTime":1385.65,"body":"delayed in my 40 years of doing"},{"speaker":"Henry Svec","startTime":1382.17,"endTime":1385.65,"body":"things. This is the first time"},{"speaker":"Henry Svec","startTime":1385.68,"endTime":1388.08,"body":"and we were building houses"},{"speaker":"Henry Svec","startTime":1385.68,"endTime":1388.08,"body":"during COVID that were on time"},{"speaker":"Henry Svec","startTime":1388.08,"endTime":1389.04,"body":"and on budget, by the way."},{"speaker":"Ethan Waldman","startTime":1389.07,"endTime":1390.03,"body":"Yeah. Okay."},{"speaker":"Henry Svec","startTime":1390.33,"endTime":1392.31,"body":"So I would be told"},{"speaker":"Henry Svec","startTime":1390.33,"endTime":1392.31,"body":"certain materials weren't"},{"speaker":"Henry Svec","startTime":1392.31,"endTime":1395.01,"body":"available in the province. And I"},{"speaker":"Henry Svec","startTime":1392.31,"endTime":1395.01,"body":"would call we would call Home"},{"speaker":"Henry Svec","startTime":1395.01,"endTime":1396.99,"body":"Depot or Costco and say, \"Well,"},{"speaker":"Henry Svec","startTime":1395.01,"endTime":1396.99,"body":"maybe you need to ride around"},{"speaker":"Henry Svec","startTime":1396.99,"endTime":1399.6,"body":"the corner, because Costco has"},{"speaker":"Henry Svec","startTime":1396.99,"endTime":1399.6,"body":"got a bunch or Home Depot has a"},{"speaker":"Henry Svec","startTime":1399.6,"endTime":1404.64,"body":"bunch.\" And so I think it came"},{"speaker":"Henry Svec","startTime":1399.6,"endTime":1404.64,"body":"down to the contracting the"},{"speaker":"Henry Svec","startTime":1404.64,"endTime":1409.77,"body":"building part. The the land part"},{"speaker":"Henry Svec","startTime":1404.64,"endTime":1409.77,"body":"was just amazing going down"},{"speaker":"Henry Svec","startTime":1409.77,"endTime":1412.26,"body":"there and talking to the,"},{"speaker":"Henry Svec","startTime":1409.77,"endTime":1412.26,"body":"because he loved his work. And"},{"speaker":"Henry Svec","startTime":1412.26,"endTime":1416.46,"body":"he was upfront, transparent,"},{"speaker":"Henry Svec","startTime":1412.26,"endTime":1416.46,"body":"honest. And you just really"},{"speaker":"Henry Svec","startTime":1416.46,"endTime":1419.25,"body":"appreciate that. And when you're"},{"speaker":"Henry Svec","startTime":1416.46,"endTime":1419.25,"body":"working with anybody in the"},{"speaker":"Henry Svec","startTime":1419.25,"endTime":1422.97,"body":"building trades, yeah. But I"},{"speaker":"Henry Svec","startTime":1419.25,"endTime":1422.97,"body":"have a statement. You know, I"},{"speaker":"Henry Svec","startTime":1422.97,"endTime":1426.78,"body":"think that the problem is that"},{"speaker":"Henry Svec","startTime":1422.97,"endTime":1426.78,"body":"with what happened with building"},{"speaker":"Henry Svec","startTime":1428.22,"endTime":1431.19,"body":"and no disrespect to builders,"},{"speaker":"Henry Svec","startTime":1428.22,"endTime":1431.19,"body":"but many builders felt like they"},{"speaker":"Henry Svec","startTime":1431.19,"endTime":1435.54,"body":"were neuroscientists. And they"},{"speaker":"Henry Svec","startTime":1431.19,"endTime":1435.54,"body":"could charge you whatever they"},{"speaker":"Henry Svec","startTime":1435.54,"endTime":1439.05,"body":"wanted. And they would, they"},{"speaker":"Henry Svec","startTime":1435.54,"endTime":1439.05,"body":"would try to, like we only do"},{"speaker":"Henry Svec","startTime":1439.05,"endTime":1440.4,"body":"fixed price quotes."},{"speaker":"Ethan Waldman","startTime":1440.91,"endTime":1441.33,"body":"Okay."},{"speaker":"Henry Svec","startTime":1441.63,"endTime":1444.03,"body":"So if we're gonna"},{"speaker":"Henry Svec","startTime":1441.63,"endTime":1444.03,"body":"build something for $100, and"},{"speaker":"Henry Svec","startTime":1444.03,"endTime":1447.6,"body":"it's $100,000, that's it,"},{"speaker":"Henry Svec","startTime":1444.03,"endTime":1447.6,"body":"there's no upselling there's no,"},{"speaker":"Henry Svec","startTime":1448.05,"endTime":1450.69,"body":"I'm not gonna make any changes"},{"speaker":"Henry Svec","startTime":1448.05,"endTime":1450.69,"body":"to the design. That's what the"},{"speaker":"Henry Svec","startTime":1450.69,"endTime":1451.26,"body":"price is."},{"speaker":"Ethan Waldman","startTime":1451.62,"endTime":1451.89,"body":"Right."},{"speaker":"Henry Svec","startTime":1451.92,"endTime":1455.85,"body":"And so despite those"},{"speaker":"Henry Svec","startTime":1451.92,"endTime":1455.85,"body":"contracts, people continually"},{"speaker":"Henry Svec","startTime":1455.85,"endTime":1459.15,"body":"would try to change things. And"},{"speaker":"Henry Svec","startTime":1455.85,"endTime":1459.15,"body":"we said, That's not happening."},{"speaker":"Henry Svec","startTime":1459.63,"endTime":1462.24,"body":"Right. You know, and so when you"},{"speaker":"Henry Svec","startTime":1459.63,"endTime":1462.24,"body":"have to get to the point of"},{"speaker":"Henry Svec","startTime":1462.24,"endTime":1465.6,"body":"getting lawyers involved to get"},{"speaker":"Henry Svec","startTime":1462.24,"endTime":1465.6,"body":"a project completed, without"},{"speaker":"Henry Svec","startTime":1465.6,"endTime":1469.17,"body":"actually having to do the very"},{"speaker":"Henry Svec","startTime":1465.6,"endTime":1469.17,"body":"painful litigation piece."},{"speaker":"Ethan Waldman","startTime":1469.47,"endTime":1469.92,"body":"Yeah."},{"speaker":"Henry Svec","startTime":1470.25,"endTime":1474.39,"body":"But you have to be"},{"speaker":"Henry Svec","startTime":1470.25,"endTime":1474.39,"body":"prepared to stand by what you"},{"speaker":"Henry Svec","startTime":1474.39,"endTime":1476.73,"body":"both, to me a handshakes,"},{"speaker":"Henry Svec","startTime":1474.39,"endTime":1476.73,"body":"everything when you shake"},{"speaker":"Henry Svec","startTime":1476.73,"endTime":1478.89,"body":"someone's hand and they agree,"},{"speaker":"Henry Svec","startTime":1476.73,"endTime":1478.89,"body":"and then later, they tell you"},{"speaker":"Henry Svec","startTime":1478.89,"endTime":1482.4,"body":"well, you know, I have a problem"},{"speaker":"Henry Svec","startTime":1478.89,"endTime":1482.4,"body":"with that. So I think Finding a"},{"speaker":"Henry Svec","startTime":1482.4,"endTime":1485.19,"body":"reputable builder in the future"},{"speaker":"Henry Svec","startTime":1482.4,"endTime":1485.19,"body":"is going to be a problem, which"},{"speaker":"Henry Svec","startTime":1485.19,"endTime":1488.46,"body":"is, which is perhaps why in your"},{"speaker":"Henry Svec","startTime":1485.19,"endTime":1488.46,"body":"case, building it yourself is"},{"speaker":"Henry Svec","startTime":1488.46,"endTime":1492.21,"body":"great, because you you control"},{"speaker":"Henry Svec","startTime":1488.46,"endTime":1492.21,"body":"all those things. Right? You"},{"speaker":"Henry Svec","startTime":1492.21,"endTime":1495.3,"body":"probably know right now, lumbers"},{"speaker":"Henry Svec","startTime":1492.21,"endTime":1495.3,"body":"dropped What 70% of where it was"},{"speaker":"Henry Svec","startTime":1495.3,"endTime":1496.08,"body":"a year and a half ago."},{"speaker":"Ethan Waldman","startTime":1496.29,"endTime":1497.55,"body":"Yeah, it's wild."},{"speaker":"Henry Svec","startTime":1497.69,"endTime":1499.91,"body":"Yeah. And I was told"},{"speaker":"Henry Svec","startTime":1497.69,"endTime":1499.91,"body":"that the time or lumbers never"},{"speaker":"Henry Svec","startTime":1499.91,"endTime":1502.82,"body":"go drop you, you know, or"},{"speaker":"Henry Svec","startTime":1499.91,"endTime":1502.82,"body":"someone that we were going to"},{"speaker":"Henry Svec","startTime":1502.82,"endTime":1504.8,"body":"build, I'll tell you this, when"},{"speaker":"Henry Svec","startTime":1502.82,"endTime":1504.8,"body":"we very quickly, we were going"},{"speaker":"Henry Svec","startTime":1504.8,"endTime":1511.94,"body":"to build a small 600 or 800"},{"speaker":"Henry Svec","startTime":1504.8,"endTime":1511.94,"body":"square foot, two bedroom on the"},{"speaker":"Henry Svec","startTime":1511.94,"endTime":1516.95,"body":"oceanfront. And the cost for"},{"speaker":"Henry Svec","startTime":1511.94,"endTime":1516.95,"body":"just the cement, which normally"},{"speaker":"Henry Svec","startTime":1516.95,"endTime":1522.14,"body":"would be $3,000 - $5,000 to get"},{"speaker":"Henry Svec","startTime":1516.95,"endTime":1522.14,"body":"it poured and done as a slab was"},{"speaker":"Henry Svec","startTime":1522.17,"endTime":1526.82,"body":"$18,000. Oh, my gosh, I said,"},{"speaker":"Henry Svec","startTime":1522.17,"endTime":1526.82,"body":"That's not happened and what"},{"speaker":"Henry Svec","startTime":1526.82,"endTime":1529.34,"body":"planet? Or were you talking"},{"speaker":"Henry Svec","startTime":1526.82,"endTime":1529.34,"body":"about value? So you have to"},{"speaker":"Henry Svec","startTime":1529.34,"endTime":1533.09,"body":"know, I think the value of"},{"speaker":"Henry Svec","startTime":1529.34,"endTime":1533.09,"body":"things. And to me, that was"},{"speaker":"Henry Svec","startTime":1533.09,"endTime":1535.91,"body":"probably the most painful and it"},{"speaker":"Henry Svec","startTime":1533.09,"endTime":1535.91,"body":"was it was disrespectful."},{"speaker":"Henry Svec","startTime":1536.27,"endTime":1539.45,"body":"Because now the same people"},{"speaker":"Henry Svec","startTime":1536.27,"endTime":1539.45,"body":"would be happy to have the work"},{"speaker":"Henry Svec","startTime":1539.45,"endTime":1541.37,"body":"at a reasonable price, but"},{"speaker":"Henry Svec","startTime":1539.45,"endTime":1541.37,"body":"they're not going to get it"},{"speaker":"Henry Svec","startTime":1541.37,"endTime":1543.98,"body":"because you never forget those"},{"speaker":"Henry Svec","startTime":1541.37,"endTime":1543.98,"body":"things, the gouging that went on"},{"speaker":"Henry Svec","startTime":1543.98,"endTime":1548.12,"body":"during and I'm sure it's still"},{"speaker":"Henry Svec","startTime":1543.98,"endTime":1548.12,"body":"going on today, for some excuse,"},{"speaker":"Henry Svec","startTime":1548.12,"endTime":1552.65,"body":"but the COVID excuse and supply"},{"speaker":"Henry Svec","startTime":1548.12,"endTime":1552.65,"body":"chain problems was people"},{"speaker":"Henry Svec","startTime":1552.68,"endTime":1554.39,"body":"memorize that, even though it"},{"speaker":"Henry Svec","startTime":1552.68,"endTime":1554.39,"body":"wasn't true."},{"speaker":"Ethan Waldman","startTime":1554.96,"endTime":1557.84,"body":"So how do you"},{"speaker":"Ethan Waldman","startTime":1554.96,"endTime":1557.84,"body":"know? How do you know what the"},{"speaker":"Ethan Waldman","startTime":1557.84,"endTime":1560.81,"body":"value of something as I mean,"},{"speaker":"Ethan Waldman","startTime":1557.84,"endTime":1560.81,"body":"I'll give an example of you"},{"speaker":"Ethan Waldman","startTime":1560.81,"endTime":1564.68,"body":"know, somebody listening who"},{"speaker":"Ethan Waldman","startTime":1560.81,"endTime":1564.68,"body":"really wants to live in a tiny"},{"speaker":"Ethan Waldman","startTime":1564.68,"endTime":1567.56,"body":"house, you know, can't build it"},{"speaker":"Ethan Waldman","startTime":1564.68,"endTime":1567.56,"body":"themselves or don't want to"},{"speaker":"Ethan Waldman","startTime":1567.56,"endTime":1571.52,"body":"build it themselves for some"},{"speaker":"Ethan Waldman","startTime":1567.56,"endTime":1571.52,"body":"reason. And, you know, they're"},{"speaker":"Ethan Waldman","startTime":1571.52,"endTime":1574.34,"body":"getting quotes from builders"},{"speaker":"Ethan Waldman","startTime":1571.52,"endTime":1574.34,"body":"that that seem really high, like"},{"speaker":"Ethan Waldman","startTime":1574.34,"endTime":1577.19,"body":"how, how do you figure out what"},{"speaker":"Ethan Waldman","startTime":1574.34,"endTime":1577.19,"body":"the value of something is?"},{"speaker":"Henry Svec","startTime":1577.4,"endTime":1580.58,"body":"Well, I'm fortunate"},{"speaker":"Henry Svec","startTime":1577.4,"endTime":1580.58,"body":"in that in 40 years, I have a"},{"speaker":"Henry Svec","startTime":1580.58,"endTime":1584.27,"body":"few people that I can trust to"},{"speaker":"Henry Svec","startTime":1580.58,"endTime":1584.27,"body":"give me the real answer. So"},{"speaker":"Henry Svec","startTime":1584.54,"endTime":1587.54,"body":"because I don't know a lot about"},{"speaker":"Henry Svec","startTime":1584.54,"endTime":1587.54,"body":"building although I do know,"},{"speaker":"Henry Svec","startTime":1587.54,"endTime":1591.26,"body":"numbers and costs, I'll call one"},{"speaker":"Henry Svec","startTime":1587.54,"endTime":1591.26,"body":"contractor I know. And he would"},{"speaker":"Henry Svec","startTime":1591.26,"endTime":1593.42,"body":"say to me, because I said to"},{"speaker":"Henry Svec","startTime":1591.26,"endTime":1593.42,"body":"him, let's start a tiny home"},{"speaker":"Henry Svec","startTime":1593.42,"endTime":1596.42,"body":"building company. It's so bad."},{"speaker":"Henry Svec","startTime":1593.42,"endTime":1596.42,"body":"What What should we be able to"},{"speaker":"Henry Svec","startTime":1596.42,"endTime":1598.52,"body":"build him for? He said, well,"},{"speaker":"Henry Svec","startTime":1596.42,"endTime":1598.52,"body":"well, you could build them for a"},{"speaker":"Henry Svec","startTime":1598.52,"endTime":1604.64,"body":"reasonable profit for about $35"},{"speaker":"Henry Svec","startTime":1598.52,"endTime":1604.64,"body":"to $40,000. I said really?"},{"speaker":"Ethan Waldman","startTime":1605.03,"endTime":1606.77,"body":"That seems low to"},{"speaker":"Ethan Waldman","startTime":1605.03,"endTime":1606.77,"body":"me. Yeah. How"},{"speaker":"Henry Svec","startTime":1606.77,"endTime":1610.7,"body":"come? How come? The"},{"speaker":"Henry Svec","startTime":1606.77,"endTime":1610.7,"body":"people are quoting $150? Yeah."},{"speaker":"Henry Svec","startTime":1611.15,"endTime":1614.3,"body":"And then. So there's that then"},{"speaker":"Henry Svec","startTime":1611.15,"endTime":1614.3,"body":"there's, as I talked about in"},{"speaker":"Henry Svec","startTime":1614.3,"endTime":1617.33,"body":"the book, how do you tell the"},{"speaker":"Henry Svec","startTime":1614.3,"endTime":1617.33,"body":"value of a pair of boots? You"},{"speaker":"Henry Svec","startTime":1617.33,"endTime":1619.28,"body":"have to drill? You don't have to"},{"speaker":"Henry Svec","startTime":1617.33,"endTime":1619.28,"body":"know a lot about building but"},{"speaker":"Henry Svec","startTime":1619.28,"endTime":1621.44,"body":"you have to drill down? What are"},{"speaker":"Henry Svec","startTime":1619.28,"endTime":1621.44,"body":"they going to charge me for the"},{"speaker":"Henry Svec","startTime":1621.44,"endTime":1624.41,"body":"lumber per square foot? What are"},{"speaker":"Henry Svec","startTime":1621.44,"endTime":1624.41,"body":"they charging me for the"},{"speaker":"Henry Svec","startTime":1624.47,"endTime":1628.34,"body":"trailer? If it's going to be on"},{"speaker":"Henry Svec","startTime":1624.47,"endTime":1628.34,"body":"wheel? How does it relate? Like,"},{"speaker":"Henry Svec","startTime":1628.34,"endTime":1632.84,"body":"what's the cost per square foot,"},{"speaker":"Henry Svec","startTime":1628.34,"endTime":1632.84,"body":"if it's a 200, square foot home,"},{"speaker":"Henry Svec","startTime":1633.26,"endTime":1637.85,"body":"and you want $100,000? That's"},{"speaker":"Henry Svec","startTime":1633.26,"endTime":1637.85,"body":"$500 a square foot. That's"},{"speaker":"Henry Svec","startTime":1637.85,"endTime":1643.01,"body":"extremely expensive. Right?"},{"speaker":"Henry Svec","startTime":1637.85,"endTime":1643.01,"body":"$500. So you start to develop"},{"speaker":"Henry Svec","startTime":1643.19,"endTime":1647.12,"body":"part of it's my experience, part"},{"speaker":"Henry Svec","startTime":1643.19,"endTime":1647.12,"body":"of it is ask a lot of questions."},{"speaker":"Henry Svec","startTime":1647.93,"endTime":1650.66,"body":"And part of it is a sense of the"},{"speaker":"Henry Svec","startTime":1647.93,"endTime":1650.66,"body":"person I'm dealing with. And I"},{"speaker":"Henry Svec","startTime":1650.66,"endTime":1654.53,"body":"have another colleague, I work"},{"speaker":"Henry Svec","startTime":1650.66,"endTime":1654.53,"body":"with 30 years. And this is what"},{"speaker":"Henry Svec","startTime":1654.53,"endTime":1657.74,"body":"happens over time, you quickly"},{"speaker":"Henry Svec","startTime":1654.53,"endTime":1657.74,"body":"weed out those contractors who"},{"speaker":"Henry Svec","startTime":1657.74,"endTime":1661.28,"body":"aren't straight up, there might"},{"speaker":"Henry Svec","startTime":1657.74,"endTime":1661.28,"body":"be a one off with you. But when"},{"speaker":"Henry Svec","startTime":1661.28,"endTime":1664.91,"body":"you when you find a group that"},{"speaker":"Henry Svec","startTime":1661.28,"endTime":1664.91,"body":"you can work with, in our case,"},{"speaker":"Henry Svec","startTime":1664.91,"endTime":1667.49,"body":"we always provide work for them,"},{"speaker":"Henry Svec","startTime":1664.91,"endTime":1667.49,"body":"they're the first call up, it"},{"speaker":"Henry Svec","startTime":1667.49,"endTime":1670.49,"body":"doesn't matter. And we we do a"},{"speaker":"Henry Svec","startTime":1667.49,"endTime":1670.49,"body":"fair, fair price, even though"},{"speaker":"Henry Svec","startTime":1670.49,"endTime":1673.01,"body":"maybe we could get it for a bit"},{"speaker":"Henry Svec","startTime":1670.49,"endTime":1673.01,"body":"less, we pay a bit more because"},{"speaker":"Henry Svec","startTime":1673.01,"endTime":1674.93,"body":"we want to keep them in"},{"speaker":"Henry Svec","startTime":1673.01,"endTime":1674.93,"body":"business. And we have a great"},{"speaker":"Henry Svec","startTime":1674.93,"endTime":1678.2,"body":"relationship and they're honest."},{"speaker":"Henry Svec","startTime":1674.93,"endTime":1678.2,"body":"And they're all fixed prices."},{"speaker":"Henry Svec","startTime":1678.5,"endTime":1679.07,"body":"There was no X"},{"speaker":"Ethan Waldman","startTime":1679.1,"endTime":1682.43,"body":"Yeah, yeah. So"},{"speaker":"Ethan Waldman","startTime":1679.1,"endTime":1682.43,"body":"they come up with a bid based on"},{"speaker":"Ethan Waldman","startTime":1682.43,"endTime":1685.37,"body":"what they think it's going to"},{"speaker":"Ethan Waldman","startTime":1682.43,"endTime":1685.37,"body":"cost. And then that's, that's"},{"speaker":"Ethan Waldman","startTime":1685.37,"endTime":1686.33,"body":"the price you agree on?"},{"speaker":"Henry Svec","startTime":1686.84,"endTime":1690.44,"body":"Well, we negotiate."},{"speaker":"Henry Svec","startTime":1686.84,"endTime":1690.44,"body":"So okay, with the contractors we"},{"speaker":"Henry Svec","startTime":1690.44,"endTime":1692.57,"body":"work with, it's not unusual for"},{"speaker":"Henry Svec","startTime":1690.44,"endTime":1692.57,"body":"us to say, well, that's not"},{"speaker":"Henry Svec","startTime":1692.57,"endTime":1695.06,"body":"gonna work. And if it if it"},{"speaker":"Henry Svec","startTime":1692.57,"endTime":1695.06,"body":"can't work, we won't do the"},{"speaker":"Henry Svec","startTime":1695.06,"endTime":1698.24,"body":"project. So we're never married"},{"speaker":"Henry Svec","startTime":1695.06,"endTime":1698.24,"body":"to a project. It's like the"},{"speaker":"Henry Svec","startTime":1698.24,"endTime":1700.34,"body":"worst thing you can do in"},{"speaker":"Henry Svec","startTime":1698.24,"endTime":1700.34,"body":"investing is being so"},{"speaker":"Henry Svec","startTime":1700.34,"endTime":1703.49,"body":"emotionally connected to it,"},{"speaker":"Henry Svec","startTime":1700.34,"endTime":1703.49,"body":"that you want it so bad that"},{"speaker":"Henry Svec","startTime":1703.49,"endTime":1706.7,"body":"you'll pay whatever. And they"},{"speaker":"Henry Svec","startTime":1703.49,"endTime":1706.7,"body":"can sense that and it's very"},{"speaker":"Henry Svec","startTime":1706.7,"endTime":1708.86,"body":"much what we've learned from the"},{"speaker":"Henry Svec","startTime":1706.7,"endTime":1708.86,"body":"honeybees. The honeybees do"},{"speaker":"Henry Svec","startTime":1708.86,"endTime":1710.45,"body":"everything based on rule."},{"speaker":"Ethan Waldman","startTime":1711.11,"endTime":1711.56,"body":"Okay."},{"speaker":"Henry Svec","startTime":1712.01,"endTime":1715.94,"body":"There's no emotion."},{"speaker":"Henry Svec","startTime":1712.01,"endTime":1715.94,"body":"So you as a buyer of a tiny home"},{"speaker":"Henry Svec","startTime":1715.94,"endTime":1719.24,"body":"needs to know what what you"},{"speaker":"Henry Svec","startTime":1715.94,"endTime":1719.24,"body":"should pay in your community"},{"speaker":"Henry Svec","startTime":1719.24,"endTime":1721.49,"body":"based on the quality of what you"},{"speaker":"Henry Svec","startTime":1719.24,"endTime":1721.49,"body":"want to have built."},{"speaker":"Ethan Waldman","startTime":1721.82,"endTime":1722.18,"body":"Yep."},{"speaker":"Henry Svec","startTime":1722.51,"endTime":1725.06,"body":"And if no one will"},{"speaker":"Henry Svec","startTime":1722.51,"endTime":1725.06,"body":"do it for that don't build it."},{"speaker":"Ethan Waldman","startTime":1725.6,"endTime":1726.53,"body":"Yeah, yeah."},{"speaker":"Henry Svec","startTime":1727.07,"endTime":1730.04,"body":"I, we walked away"},{"speaker":"Henry Svec","startTime":1727.07,"endTime":1730.04,"body":"from three construction projects"},{"speaker":"Henry Svec","startTime":1730.04,"endTime":1735.14,"body":"a year ago. Because the the"},{"speaker":"Henry Svec","startTime":1730.04,"endTime":1735.14,"body":"prices quoted were absolutely"},{"speaker":"Henry Svec","startTime":1735.14,"endTime":1737.36,"body":"insane. And they all said, Oh,"},{"speaker":"Henry Svec","startTime":1735.14,"endTime":1737.36,"body":"you'll be paying more. Like I"},{"speaker":"Henry Svec","startTime":1737.36,"endTime":1739.49,"body":"said, Well, maybe I just will"},{"speaker":"Henry Svec","startTime":1737.36,"endTime":1739.49,"body":"never build this."},{"speaker":"Ethan Waldman","startTime":1739.94,"endTime":1740.36,"body":"Yeah."},{"speaker":"Henry Svec","startTime":1740.84,"endTime":1743.69,"body":"And sure enough, now"},{"speaker":"Henry Svec","startTime":1740.84,"endTime":1743.69,"body":"prices have dropped incredibly."},{"speaker":"Henry Svec","startTime":1744.17,"endTime":1747.5,"body":"And now people are calling us"},{"speaker":"Henry Svec","startTime":1744.17,"endTime":1747.5,"body":"for work. A year ago, I'd be"},{"speaker":"Henry Svec","startTime":1747.5,"endTime":1750.23,"body":"calling around contracts. I have"},{"speaker":"Henry Svec","startTime":1747.5,"endTime":1750.23,"body":"no time to quote I'm so busy. I"},{"speaker":"Henry Svec","startTime":1750.23,"endTime":1752.66,"body":"have no time. Now they're"},{"speaker":"Henry Svec","startTime":1750.23,"endTime":1752.66,"body":"calling us up or they're saying"},{"speaker":"Henry Svec","startTime":1752.66,"endTime":1755.3,"body":"when you call up to get some"},{"speaker":"Henry Svec","startTime":1752.66,"endTime":1755.3,"body":"construction work done. They'll"},{"speaker":"Henry Svec","startTime":1755.3,"endTime":1760.28,"body":"say I can pencil you in in three"},{"speaker":"Henry Svec","startTime":1755.3,"endTime":1760.28,"body":"days. How does that look? Yeah,"},{"speaker":"Henry Svec","startTime":1760.31,"endTime":1763.61,"body":"and a year ago, it was a year"},{"speaker":"Henry Svec","startTime":1760.31,"endTime":1763.61,"body":"right? Oh, six months all were"},{"speaker":"Henry Svec","startTime":1763.61,"endTime":1767.81,"body":"so backed up and you go Okay,"},{"speaker":"Henry Svec","startTime":1763.61,"endTime":1767.81,"body":"interesting. And that's the"},{"speaker":"Henry Svec","startTime":1767.81,"endTime":1770.18,"body":"point I think I want to make to"},{"speaker":"Henry Svec","startTime":1767.81,"endTime":1770.18,"body":"some of your listeners. Don't be"},{"speaker":"Henry Svec","startTime":1770.18,"endTime":1773.36,"body":"in a hurry. Go ahead and wait."},{"speaker":"Henry Svec","startTime":1770.18,"endTime":1773.36,"body":"And bring someone around who"},{"speaker":"Henry Svec","startTime":1773.36,"endTime":1776.48,"body":"understands pricing with you"},{"speaker":"Henry Svec","startTime":1773.36,"endTime":1776.48,"body":"have it reviewed, get three"},{"speaker":"Henry Svec","startTime":1776.48,"endTime":1777.02,"body":"quotes."},{"speaker":"Ethan Waldman","startTime":1777.26,"endTime":1777.65,"body":"Yep."},{"speaker":"Henry Svec","startTime":1777.95,"endTime":1779.72,"body":"And always say I"},{"speaker":"Henry Svec","startTime":1777.95,"endTime":1779.72,"body":"always ask people how did you"},{"speaker":"Henry Svec","startTime":1779.72,"endTime":1784.16,"body":"come up with that number? Yeah."},{"speaker":"Henry Svec","startTime":1779.72,"endTime":1784.16,"body":"I'll give an example. We bought"},{"speaker":"Henry Svec","startTime":1784.16,"endTime":1787.79,"body":"a incredible Ocean House my wife"},{"speaker":"Henry Svec","startTime":1784.16,"endTime":1787.79,"body":"and I, that was empty for seven"},{"speaker":"Henry Svec","startTime":1787.79,"endTime":1791.72,"body":"years. Other than other than"},{"speaker":"Henry Svec","startTime":1787.79,"endTime":1791.72,"body":"rodents. No one lived in this"},{"speaker":"Henry Svec","startTime":1791.72,"endTime":1796.01,"body":"house. Right? Yep. So we were"},{"speaker":"Henry Svec","startTime":1791.72,"endTime":1796.01,"body":"getting quotes for things. So"},{"speaker":"Henry Svec","startTime":1796.01,"endTime":1799.13,"body":"the the quotes to paint the"},{"speaker":"Henry Svec","startTime":1796.01,"endTime":1799.13,"body":"outside of this beautiful home"},{"speaker":"Henry Svec","startTime":1799.34,"endTime":1805.58,"body":"on the Motion ranged from 12 to"},{"speaker":"Henry Svec","startTime":1799.34,"endTime":1805.58,"body":"28,000. The same paint the same"},{"speaker":"Henry Svec","startTime":1805.58,"endTime":1808.64,"body":"square footage, right? So I'd"},{"speaker":"Henry Svec","startTime":1805.58,"endTime":1808.64,"body":"say these people, how did you"},{"speaker":"Henry Svec","startTime":1808.64,"endTime":1812.09,"body":"get 28? Well, it's it's what it"},{"speaker":"Henry Svec","startTime":1808.64,"endTime":1812.09,"body":"is. I see. Well, what can you"},{"speaker":"Henry Svec","startTime":1812.09,"endTime":1815.18,"body":"bring? Yeah, no, that's what I"},{"speaker":"Henry Svec","startTime":1812.09,"endTime":1815.18,"body":"said, Well, that's not what it"},{"speaker":"Henry Svec","startTime":1815.18,"endTime":1817.76,"body":"is because I'm not paying you"},{"speaker":"Henry Svec","startTime":1815.18,"endTime":1817.76,"body":"that. So you want to make sure"},{"speaker":"Henry Svec","startTime":1817.76,"endTime":1821.96,"body":"you get a number of different"},{"speaker":"Henry Svec","startTime":1817.76,"endTime":1821.96,"body":"quotes. And you know, and treat"},{"speaker":"Henry Svec","startTime":1821.96,"endTime":1824.78,"body":"people with respect. I respect"},{"speaker":"Henry Svec","startTime":1821.96,"endTime":1824.78,"body":"contractors, because I can't do"},{"speaker":"Henry Svec","startTime":1824.78,"endTime":1827.6,"body":"anything they do. I respect"},{"speaker":"Henry Svec","startTime":1824.78,"endTime":1827.6,"body":"every I mean, an incredible"},{"speaker":"Henry Svec","startTime":1827.6,"endTime":1831.2,"body":"skill, incredible abilities."},{"speaker":"Henry Svec","startTime":1827.6,"endTime":1831.2,"body":"Yeah. But that doesn't mean"},{"speaker":"Henry Svec","startTime":1831.2,"endTime":1835.28,"body":"we're not going to come up with"},{"speaker":"Henry Svec","startTime":1831.2,"endTime":1835.28,"body":"a fair sort of exchange of"},{"speaker":"Henry Svec","startTime":1835.55,"endTime":1836.63,"body":"services for money."},{"speaker":"Ethan Waldman","startTime":1837.08,"endTime":1840.17,"body":"Definitely. So"},{"speaker":"Ethan Waldman","startTime":1837.08,"endTime":1840.17,"body":"let's talk honey bees. I I will"},{"speaker":"Ethan Waldman","startTime":1840.17,"endTime":1843.59,"body":"admit that that my wife and I"},{"speaker":"Ethan Waldman","startTime":1840.17,"endTime":1843.59,"body":"are, I guess I'm gonna say we"},{"speaker":"Ethan Waldman","startTime":1843.59,"endTime":1847.28,"body":"were amateur beekeepers, we"},{"speaker":"Ethan Waldman","startTime":1843.59,"endTime":1847.28,"body":"wonderful bees for for a few"},{"speaker":"Ethan Waldman","startTime":1847.28,"endTime":1850.4,"body":"years at at our tiny house when"},{"speaker":"Ethan Waldman","startTime":1847.28,"endTime":1850.4,"body":"it was in a different location."},{"speaker":"Ethan Waldman","startTime":1850.4,"endTime":1854.84,"body":"We don't currently have bees."},{"speaker":"Ethan Waldman","startTime":1850.4,"endTime":1854.84,"body":"But what what can honeybees"},{"speaker":"Ethan Waldman","startTime":1854.84,"endTime":1858.38,"body":"teach us about about value"},{"speaker":"Ethan Waldman","startTime":1854.84,"endTime":1858.38,"body":"investing and about tiny homes?"},{"speaker":"Henry Svec","startTime":1858.45,"endTime":1861.27,"body":"Well, again, it was"},{"speaker":"Henry Svec","startTime":1858.45,"endTime":1861.27,"body":"very randomly discovered, and"},{"speaker":"Henry Svec","startTime":1861.27,"endTime":1864.6,"body":"I've been working in investing"},{"speaker":"Henry Svec","startTime":1861.27,"endTime":1864.6,"body":"for 40 years, and we converting"},{"speaker":"Henry Svec","startTime":1864.6,"endTime":1867.54,"body":"our farm back to nature. So"},{"speaker":"Henry Svec","startTime":1864.6,"endTime":1867.54,"body":"we're around bees and around"},{"speaker":"Henry Svec","startTime":1867.54,"endTime":1870.9,"body":"nature and what how you take a"},{"speaker":"Henry Svec","startTime":1867.54,"endTime":1870.9,"body":"50 acre, you know, really"},{"speaker":"Henry Svec","startTime":1870.9,"endTime":1874.29,"body":"incredible cash crop, land and"},{"speaker":"Henry Svec","startTime":1870.9,"endTime":1874.29,"body":"turn it into back to nature."},{"speaker":"Ethan Waldman","startTime":1874.59,"endTime":1875.04,"body":"Okay."},{"speaker":"Henry Svec","startTime":1875.67,"endTime":1878.13,"body":"And so we watched"},{"speaker":"Henry Svec","startTime":1875.67,"endTime":1878.13,"body":"our bees, and at the same time,"},{"speaker":"Henry Svec","startTime":1878.13,"endTime":1881.25,"body":"I was reading Benjamin Graham,"},{"speaker":"Henry Svec","startTime":1878.13,"endTime":1881.25,"body":"Warren Buffett, all that kind of"},{"speaker":"Henry Svec","startTime":1881.25,"endTime":1884.52,"body":"stuff. And he started looking at"},{"speaker":"Henry Svec","startTime":1881.25,"endTime":1884.52,"body":"it, you go, the bees have really"},{"speaker":"Henry Svec","startTime":1884.52,"endTime":1887.7,"body":"good rules about investing. I'll"},{"speaker":"Henry Svec","startTime":1884.52,"endTime":1887.7,"body":"give you a couple quick"},{"speaker":"Henry Svec","startTime":1887.7,"endTime":1891.96,"body":"examples. The honeybees can tell"},{"speaker":"Henry Svec","startTime":1887.7,"endTime":1891.96,"body":"you, they tell each other every"},{"speaker":"Henry Svec","startTime":1891.96,"endTime":1895.68,"body":"15 minutes the status of the"},{"speaker":"Henry Svec","startTime":1891.96,"endTime":1895.68,"body":"Queen, as you may know. So"},{"speaker":"Henry Svec","startTime":1895.68,"endTime":1900.42,"body":"there's 40,000 bees in a hive"},{"speaker":"Henry Svec","startTime":1895.68,"endTime":1900.42,"body":"every 15 minutes. They all know"},{"speaker":"Henry Svec","startTime":1900.57,"endTime":1901.47,"body":"how they're doing."},{"speaker":"Ethan Waldman","startTime":1901.62,"endTime":1902.04,"body":"Okay."},{"speaker":"Henry Svec","startTime":1902.43,"endTime":1904.68,"body":"Okay, now let's"},{"speaker":"Henry Svec","startTime":1902.43,"endTime":1904.68,"body":"think about our own financial"},{"speaker":"Henry Svec","startTime":1904.71,"endTime":1908.61,"body":"world. Do we know we get every"},{"speaker":"Henry Svec","startTime":1904.71,"endTime":1908.61,"body":"15 minutes? Do we know every"},{"speaker":"Henry Svec","startTime":1908.61,"endTime":1911.52,"body":"week how we're doing"},{"speaker":"Henry Svec","startTime":1908.61,"endTime":1911.52,"body":"financially? Our credit card, or"},{"speaker":"Henry Svec","startTime":1911.52,"endTime":1915.93,"body":"bank? Yeah, what we're spending"},{"speaker":"Henry Svec","startTime":1911.52,"endTime":1915.93,"body":"what we're earning. So getting a"},{"speaker":"Henry Svec","startTime":1915.93,"endTime":1919.38,"body":"real good assessment of right"},{"speaker":"Henry Svec","startTime":1915.93,"endTime":1919.38,"body":"now is incredibly important."},{"speaker":"Ethan Waldman","startTime":1919.89,"endTime":1920.25,"body":"Yep."},{"speaker":"Henry Svec","startTime":1920.55,"endTime":1923.85,"body":"Another one is"},{"speaker":"Henry Svec","startTime":1920.55,"endTime":1923.85,"body":"probability. Bees have a"},{"speaker":"Henry Svec","startTime":1923.85,"endTime":1926.76,"body":"probability in mind when it"},{"speaker":"Henry Svec","startTime":1923.85,"endTime":1926.76,"body":"comes to deciding on where to"},{"speaker":"Henry Svec","startTime":1926.76,"endTime":1931.2,"body":"live. So when they swarm, they"},{"speaker":"Henry Svec","startTime":1926.76,"endTime":1931.2,"body":"go out send scouts come back,"},{"speaker":"Henry Svec","startTime":1931.2,"endTime":1934.41,"body":"they have to hit around 75% to"},{"speaker":"Henry Svec","startTime":1931.2,"endTime":1934.41,"body":"go ahead and move into that"},{"speaker":"Henry Svec","startTime":1934.41,"endTime":1938.64,"body":"house, they have to agree 75% of"},{"speaker":"Henry Svec","startTime":1934.41,"endTime":1938.64,"body":"the scouts have to say yeah,"},{"speaker":"Henry Svec","startTime":1938.64,"endTime":1940.83,"body":"that's the place I want to live."},{"speaker":"Henry Svec","startTime":1938.64,"endTime":1940.83,"body":"And then the hive says, Okay,"},{"speaker":"Henry Svec","startTime":1940.83,"endTime":1944.19,"body":"let's go. So there's a"},{"speaker":"Henry Svec","startTime":1940.83,"endTime":1944.19,"body":"probability of success. But even"},{"speaker":"Henry Svec","startTime":1944.19,"endTime":1947.85,"body":"with that, only about 30% of the"},{"speaker":"Henry Svec","startTime":1944.19,"endTime":1947.85,"body":"hives make it till the next"},{"speaker":"Henry Svec","startTime":1947.85,"endTime":1951.27,"body":"spring. So when you invest, and"},{"speaker":"Henry Svec","startTime":1947.85,"endTime":1951.27,"body":"you're a value investor, you"},{"speaker":"Henry Svec","startTime":1951.27,"endTime":1953.88,"body":"have to realize there's a"},{"speaker":"Henry Svec","startTime":1951.27,"endTime":1953.88,"body":"probability to failure all the"},{"speaker":"Henry Svec","startTime":1953.88,"endTime":1958.5,"body":"time. So with the honeybees,"},{"speaker":"Henry Svec","startTime":1953.88,"endTime":1958.5,"body":"it's survival. So we as humans,"},{"speaker":"Henry Svec","startTime":1958.59,"endTime":1961.74,"body":"need to look at how we can"},{"speaker":"Henry Svec","startTime":1958.59,"endTime":1961.74,"body":"survive. So in that tiny home"},{"speaker":"Henry Svec","startTime":1961.77,"endTime":1964.92,"body":"property purchase example, I"},{"speaker":"Henry Svec","startTime":1961.77,"endTime":1964.92,"body":"said to myself, what's the"},{"speaker":"Henry Svec","startTime":1964.92,"endTime":1968.64,"body":"probability, I'm not going to"},{"speaker":"Henry Svec","startTime":1964.92,"endTime":1968.64,"body":"get that money back someday, the"},{"speaker":"Henry Svec","startTime":1968.64,"endTime":1973.32,"body":"$300,000 that we spent for the"},{"speaker":"Henry Svec","startTime":1968.64,"endTime":1973.32,"body":"52, oceanfront acres? I think"},{"speaker":"Henry Svec","startTime":1973.38,"endTime":1975.54,"body":"the chances are pretty good,"},{"speaker":"Henry Svec","startTime":1973.38,"endTime":1975.54,"body":"we'll at least break even."},{"speaker":"Ethan Waldman","startTime":1976.08,"endTime":1976.53,"body":"Yeah."},{"speaker":"Henry Svec","startTime":1976.65,"endTime":1978.63,"body":"Forget how much you"},{"speaker":"Henry Svec","startTime":1976.65,"endTime":1978.63,"body":"make just just breakeven with"},{"speaker":"Henry Svec","startTime":1978.63,"endTime":1982.62,"body":"inflation. And I think sometimes"},{"speaker":"Henry Svec","startTime":1978.63,"endTime":1982.62,"body":"we we don't think about that,"},{"speaker":"Henry Svec","startTime":1982.68,"endTime":1985.98,"body":"when we're investing. And the"},{"speaker":"Henry Svec","startTime":1982.68,"endTime":1985.98,"body":"big one too, honeybees are value"},{"speaker":"Henry Svec","startTime":1985.98,"endTime":1990.63,"body":"investors. So they'll go out to"},{"speaker":"Henry Svec","startTime":1985.98,"endTime":1990.63,"body":"a, a clover flower, head of"},{"speaker":"Henry Svec","startTime":1990.63,"endTime":1993.99,"body":"another flower, because the"},{"speaker":"Henry Svec","startTime":1990.63,"endTime":1993.99,"body":"sugar value of the clover in the"},{"speaker":"Henry Svec","startTime":1993.99,"endTime":1995.25,"body":"nectar is much higher."},{"speaker":"Ethan Waldman","startTime":1995.64,"endTime":1996.06,"body":"Yep."},{"speaker":"Henry Svec","startTime":1996.39,"endTime":1998.79,"body":"And their value, so"},{"speaker":"Henry Svec","startTime":1996.39,"endTime":1998.79,"body":"they get more for their effort"},{"speaker":"Henry Svec","startTime":1998.82,"endTime":2001.91,"body":"or more for their money. Yeah,"},{"speaker":"Henry Svec","startTime":1998.82,"endTime":2001.91,"body":"take it back to the hive. And"},{"speaker":"Henry Svec","startTime":2001.91,"endTime":2005.39,"body":"it's easier to make honey out of"},{"speaker":"Henry Svec","startTime":2001.91,"endTime":2005.39,"body":"that type of nectar. And so"},{"speaker":"Henry Svec","startTime":2005.39,"endTime":2008.15,"body":"their value investor, just like"},{"speaker":"Henry Svec","startTime":2005.39,"endTime":2008.15,"body":"you may look for a value"},{"speaker":"Henry Svec","startTime":2008.15,"endTime":2012.26,"body":"property, or I may, something"},{"speaker":"Henry Svec","startTime":2008.15,"endTime":2012.26,"body":"that you can take and use and"},{"speaker":"Henry Svec","startTime":2012.26,"endTime":2015.23,"body":"get more out of it than another"},{"speaker":"Henry Svec","startTime":2012.26,"endTime":2015.23,"body":"product, which is another"},{"speaker":"Henry Svec","startTime":2015.23,"endTime":2019.58,"body":"definition of value. So there's"},{"speaker":"Henry Svec","startTime":2015.23,"endTime":2019.58,"body":"10 lessons in that book, I wrote"},{"speaker":"Henry Svec","startTime":2019.58,"endTime":2021.83,"body":"it for our grandchildren, we"},{"speaker":"Henry Svec","startTime":2019.58,"endTime":2021.83,"body":"have three wonderful"},{"speaker":"Henry Svec","startTime":2021.83,"endTime":2024.77,"body":"grandchildren. And you know,"},{"speaker":"Henry Svec","startTime":2021.83,"endTime":2024.77,"body":"when he's when you know, stuff,"},{"speaker":"Henry Svec","startTime":2024.8,"endTime":2027.26,"body":"your kids don't listen, and your"},{"speaker":"Henry Svec","startTime":2024.8,"endTime":2027.26,"body":"grandchildren don't listen. So"},{"speaker":"Henry Svec","startTime":2027.32,"endTime":2030.83,"body":"this way, the honeybees are kind"},{"speaker":"Henry Svec","startTime":2027.32,"endTime":2030.83,"body":"of telling everybody, this is"},{"speaker":"Henry Svec","startTime":2030.83,"endTime":2033.44,"body":"how to become a value investor"},{"speaker":"Henry Svec","startTime":2030.83,"endTime":2033.44,"body":"and be smart with your money,"},{"speaker":"Henry Svec","startTime":2033.44,"endTime":2036.92,"body":"because then you don't have to"},{"speaker":"Henry Svec","startTime":2033.44,"endTime":2036.92,"body":"think about it. You can pursue"},{"speaker":"Henry Svec","startTime":2036.92,"endTime":2039.47,"body":"things based on other reasons"},{"speaker":"Henry Svec","startTime":2036.92,"endTime":2039.47,"body":"other than money. And that's"},{"speaker":"Henry Svec","startTime":2039.47,"endTime":2042.59,"body":"pretty exciting. That is very"},{"speaker":"Henry Svec","startTime":2039.47,"endTime":2042.59,"body":"exciting."},{"speaker":"Ethan Waldman","startTime":2042.83,"endTime":2046.4,"body":"Yeah, I was"},{"speaker":"Ethan Waldman","startTime":2042.83,"endTime":2046.4,"body":"always amazed to learn that how"},{"speaker":"Ethan Waldman","startTime":2046.4,"endTime":2050.6,"body":"far the bees would travel from"},{"speaker":"Ethan Waldman","startTime":2046.4,"endTime":2050.6,"body":"the hive, you know, to get"},{"speaker":"Ethan Waldman","startTime":2050.6,"endTime":2053.72,"body":"specific nutrients or to go to"},{"speaker":"Ethan Waldman","startTime":2050.6,"endTime":2053.72,"body":"specific flowers at different"},{"speaker":"Ethan Waldman","startTime":2053.72,"endTime":2054.47,"body":"times of year."},{"speaker":"Henry Svec","startTime":2055.22,"endTime":2057.59,"body":"And they always"},{"speaker":"Henry Svec","startTime":2055.22,"endTime":2057.59,"body":"calculated they always know that"},{"speaker":"Henry Svec","startTime":2057.65,"endTime":2061.25,"body":"the amount of energy I expend"},{"speaker":"Henry Svec","startTime":2057.65,"endTime":2061.25,"body":"isn't equal or greater than what"},{"speaker":"Henry Svec","startTime":2061.25,"endTime":2064.67,"body":"I'm going to get, right? Because"},{"speaker":"Henry Svec","startTime":2061.25,"endTime":2064.67,"body":"that's where they cut it off,"},{"speaker":"Henry Svec","startTime":2064.67,"endTime":2068.03,"body":"which is genius, right? We often"},{"speaker":"Henry Svec","startTime":2064.67,"endTime":2068.03,"body":"don't think that way. Right? So"},{"speaker":"Henry Svec","startTime":2068.03,"endTime":2071.93,"body":"if we we thought the same way,"},{"speaker":"Henry Svec","startTime":2068.03,"endTime":2071.93,"body":"then we would get more value for"},{"speaker":"Henry Svec","startTime":2071.93,"endTime":2075.83,"body":"what we're doing based on that."},{"speaker":"Henry Svec","startTime":2071.93,"endTime":2075.83,"body":"And so, in our 50 acres, we've"},{"speaker":"Henry Svec","startTime":2075.83,"endTime":2079.37,"body":"created like a honeybee heaven,"},{"speaker":"Henry Svec","startTime":2075.83,"endTime":2079.37,"body":"right, so we've got ponds for"},{"speaker":"Henry Svec","startTime":2079.37,"endTime":2082.79,"body":"water. We have Clover to fill up"},{"speaker":"Henry Svec","startTime":2079.37,"endTime":2082.79,"body":"their gas tanks. We have"},{"speaker":"Henry Svec","startTime":2082.79,"endTime":2085.91,"body":"wildflowers. We have trees"},{"speaker":"Henry Svec","startTime":2082.79,"endTime":2085.91,"body":"everywhere. So they get the"},{"speaker":"Henry Svec","startTime":2085.91,"endTime":2089.9,"body":"early maples and willows. And"},{"speaker":"Henry Svec","startTime":2085.91,"endTime":2089.9,"body":"now we're integrated with tall"},{"speaker":"Henry Svec","startTime":2089.9,"endTime":2092.57,"body":"grass prairie we planted that"},{"speaker":"Henry Svec","startTime":2089.9,"endTime":2092.57,"body":"was original to this land"},{"speaker":"Henry Svec","startTime":2092.6,"endTime":2095.66,"body":"hundreds of years ago. And I"},{"speaker":"Henry Svec","startTime":2092.6,"endTime":2095.66,"body":"have to tell you, it's pretty"},{"speaker":"Henry Svec","startTime":2095.66,"endTime":2098.87,"body":"exciting. We're walking out just"},{"speaker":"Henry Svec","startTime":2095.66,"endTime":2098.87,"body":"yesterday, and we brought in"},{"speaker":"Henry Svec","startTime":2098.87,"endTime":2100.7,"body":"different genetics that we"},{"speaker":"Henry Svec","startTime":2098.87,"endTime":2100.7,"body":"brought Aren't bees from"},{"speaker":"Henry Svec","startTime":2100.7,"endTime":2104.09,"body":"Saskatchewan, where it's like"},{"speaker":"Henry Svec","startTime":2100.7,"endTime":2104.09,"body":"minus 40. In the winter, they"},{"speaker":"Henry Svec","startTime":2104.09,"endTime":2108.26,"body":"were all flying yesterday it was"},{"speaker":"Henry Svec","startTime":2104.09,"endTime":2108.26,"body":"five degrees Celsius. I'm cold."},{"speaker":"Henry Svec","startTime":2108.44,"endTime":2112.4,"body":"What are the bees doing? So"},{"speaker":"Henry Svec","startTime":2108.44,"endTime":2112.4,"body":"we're trying to realize the"},{"speaker":"Henry Svec","startTime":2112.4,"endTime":2115.19,"body":"microclimate that we're creating"},{"speaker":"Henry Svec","startTime":2112.4,"endTime":2115.19,"body":"remember all around us as some"},{"speaker":"Henry Svec","startTime":2115.19,"endTime":2118.25,"body":"of the incredible agricultural"},{"speaker":"Henry Svec","startTime":2115.19,"endTime":2118.25,"body":"land in the country. So they're"},{"speaker":"Henry Svec","startTime":2118.25,"endTime":2121.82,"body":"using roundup and all this crazy"},{"speaker":"Henry Svec","startTime":2118.25,"endTime":2121.82,"body":"spray stuff that we used to use?"},{"speaker":"Ethan Waldman","startTime":2121.82,"endTime":2122.06,"body":"Yeah."},{"speaker":"Henry Svec","startTime":2122.33,"endTime":2125.75,"body":"And the question is,"},{"speaker":"Henry Svec","startTime":2122.33,"endTime":2125.75,"body":"can you create an oasis in the"},{"speaker":"Henry Svec","startTime":2125.75,"endTime":2129.5,"body":"middle of all this advanced"},{"speaker":"Henry Svec","startTime":2125.75,"endTime":2129.5,"body":"farming? And I think you can."},{"speaker":"Henry Svec","startTime":2129.68,"endTime":2132.65,"body":"Yeah, one quick one. I'll tell"},{"speaker":"Henry Svec","startTime":2129.68,"endTime":2132.65,"body":"you if you got a second. Yeah,"},{"speaker":"Henry Svec","startTime":2132.92,"endTime":2138.11,"body":"we discovered that infrared"},{"speaker":"Henry Svec","startTime":2132.92,"endTime":2138.11,"body":"light attracts bees at night. So"},{"speaker":"Henry Svec","startTime":2138.11,"endTime":2142.16,"body":"we have a 24/7 webcam. At"},{"speaker":"Henry Svec","startTime":2138.11,"endTime":2142.16,"body":"wildflowerbeefarm.com You can"},{"speaker":"Henry Svec","startTime":2142.16,"endTime":2146.3,"body":"watch the bees, it's all free."},{"speaker":"Henry Svec","startTime":2142.16,"endTime":2146.3,"body":"And we noticed that sometimes at"},{"speaker":"Henry Svec","startTime":2146.3,"endTime":2150.65,"body":"night, there'd be a big ball of"},{"speaker":"Henry Svec","startTime":2146.3,"endTime":2150.65,"body":"bees out outside of the of the"},{"speaker":"Henry Svec","startTime":2150.65,"endTime":2152.9,"body":"hive. And it's not because it's"},{"speaker":"Henry Svec","startTime":2150.65,"endTime":2152.9,"body":"too warm. They weren't it was"},{"speaker":"Henry Svec","startTime":2152.9,"endTime":2155.9,"body":"just right in front of the"},{"speaker":"Henry Svec","startTime":2152.9,"endTime":2155.9,"body":"camera. So did some research."},{"speaker":"Henry Svec","startTime":2155.9,"endTime":2161.45,"body":"And I found out that years ago,"},{"speaker":"Henry Svec","startTime":2155.9,"endTime":2161.45,"body":"they took bees that were dipped"},{"speaker":"Henry Svec","startTime":2161.45,"endTime":2166.28,"body":"in neonicotinoid poison and"},{"speaker":"Henry Svec","startTime":2161.45,"endTime":2166.28,"body":"treated them with infrared"},{"speaker":"Henry Svec","startTime":2166.28,"endTime":2171.02,"body":"light. And they not only"},{"speaker":"Henry Svec","startTime":2166.28,"endTime":2171.02,"body":"recovered, but they thrived. So"},{"speaker":"Henry Svec","startTime":2171.02,"endTime":2173.57,"body":"I talked to my electrician, I"},{"speaker":"Henry Svec","startTime":2171.02,"endTime":2173.57,"body":"say anybody what's in that"},{"speaker":"Henry Svec","startTime":2173.81,"endTime":2177.83,"body":"camera because well that's"},{"speaker":"Henry Svec","startTime":2173.81,"endTime":2177.83,"body":"infrared. So this year, on some"},{"speaker":"Henry Svec","startTime":2177.83,"endTime":2181.49,"body":"of our border colonies, we're"},{"speaker":"Henry Svec","startTime":2177.83,"endTime":2181.49,"body":"going to install infrared solar"},{"speaker":"Henry Svec","startTime":2181.85,"endTime":2185.18,"body":"powered lights at the entrance"},{"speaker":"Henry Svec","startTime":2181.85,"endTime":2185.18,"body":"so that we're going to try to"},{"speaker":"Henry Svec","startTime":2185.18,"endTime":2189.29,"body":"figure out can we counteract any"},{"speaker":"Henry Svec","startTime":2185.18,"endTime":2189.29,"body":"possible spray effects on bees?"},{"speaker":"Henry Svec","startTime":2189.8,"endTime":2193.22,"body":"Yeah, with this infrared"},{"speaker":"Henry Svec","startTime":2189.8,"endTime":2193.22,"body":"inexpensive solution where you"},{"speaker":"Henry Svec","startTime":2193.22,"endTime":2196.1,"body":"have a solar panel powering a"},{"speaker":"Henry Svec","startTime":2193.22,"endTime":2196.1,"body":"light at night and if they start"},{"speaker":"Henry Svec","startTime":2196.1,"endTime":2199.28,"body":"coming out like they were doing"},{"speaker":"Henry Svec","startTime":2196.1,"endTime":2199.28,"body":"here the bees get it right. And"},{"speaker":"Henry Svec","startTime":2199.28,"endTime":2203.12,"body":"I have to tell you the hive that"},{"speaker":"Henry Svec","startTime":2199.28,"endTime":2203.12,"body":"is on the light here where you"},{"speaker":"Henry Svec","startTime":2203.12,"endTime":2205.91,"body":"can watch on the farm is one of"},{"speaker":"Henry Svec","startTime":2203.12,"endTime":2205.91,"body":"the healthiest hives I've ever"},{"speaker":"Henry Svec","startTime":2205.91,"endTime":2206.24,"body":"seen."},{"speaker":"Ethan Waldman","startTime":2206.9,"endTime":2207.26,"body":"Wow."},{"speaker":"Henry Svec","startTime":2207.74,"endTime":2210.89,"body":"And it might just be"},{"speaker":"Henry Svec","startTime":2207.74,"endTime":2210.89,"body":"random it's only one but the"},{"speaker":"Henry Svec","startTime":2210.89,"endTime":2213.8,"body":"science in the laboratory would"},{"speaker":"Henry Svec","startTime":2210.89,"endTime":2213.8,"body":"tell us that we can counteract"},{"speaker":"Henry Svec","startTime":2213.86,"endTime":2217.22,"body":"the agricultural movement with"},{"speaker":"Henry Svec","startTime":2213.86,"endTime":2217.22,"body":"all these new nicotinoid and"},{"speaker":"Henry Svec","startTime":2217.22,"endTime":2220.73,"body":"creatures braising by by just"},{"speaker":"Henry Svec","startTime":2217.22,"endTime":2220.73,"body":"helping them a little bit and"},{"speaker":"Henry Svec","startTime":2220.73,"endTime":2223.13,"body":"that's what servant beekeeping"},{"speaker":"Henry Svec","startTime":2220.73,"endTime":2223.13,"body":"I'm not sure what type you"},{"speaker":"Henry Svec","startTime":2223.13,"endTime":2226.7,"body":"practice but servant really"},{"speaker":"Henry Svec","startTime":2223.13,"endTime":2226.7,"body":"means you do the least amount"},{"speaker":"Henry Svec","startTime":2226.7,"endTime":2228.38,"body":"possible but you still try to"},{"speaker":"Henry Svec","startTime":2226.7,"endTime":2228.38,"body":"help them."},{"speaker":"Ethan Waldman","startTime":2229.66,"endTime":2232.45,"body":"Yeah, I think you"},{"speaker":"Ethan Waldman","startTime":2229.66,"endTime":2232.45,"body":"know we were so new to it that"},{"speaker":"Ethan Waldman","startTime":2232.45,"endTime":2237.52,"body":"we were just trying to figure it"},{"speaker":"Ethan Waldman","startTime":2232.45,"endTime":2237.52,"body":"out but we we didn't do any like"},{"speaker":"Ethan Waldman","startTime":2237.52,"endTime":2240.04,"body":"heavy chemical treatments or"},{"speaker":"Ethan Waldman","startTime":2237.52,"endTime":2240.04,"body":"anything like that we were"},{"speaker":"Ethan Waldman","startTime":2240.04,"endTime":2246.01,"body":"trying to do you know the now I"},{"speaker":"Ethan Waldman","startTime":2240.04,"endTime":2246.01,"body":"integrated pest management is"},{"speaker":"Ethan Waldman","startTime":2246.46,"endTime":2249.76,"body":"that's the thing. Yeah, I'm, I'm"},{"speaker":"Ethan Waldman","startTime":2246.46,"endTime":2249.76,"body":"searching back in my memory now."},{"speaker":"Henry Svec","startTime":2249.97,"endTime":2254.77,"body":"What did you use for"},{"speaker":"Henry Svec","startTime":2249.97,"endTime":2254.77,"body":"mites? Can I ask? You start them"},{"speaker":"Henry Svec","startTime":2254.77,"endTime":2256.57,"body":"all or Formic Pro or"},{"speaker":"Ethan Waldman","startTime":2256.75,"endTime":2259.3,"body":"Formic formic"},{"speaker":"Ethan Waldman","startTime":2256.75,"endTime":2259.3,"body":"acid some some product that had"},{"speaker":"Ethan Waldman","startTime":2259.3,"endTime":2260.8,"body":"formic acid in it? Yeah."},{"speaker":"Henry Svec","startTime":2260.0,"endTime":2263.6,"body":"So what we've done"},{"speaker":"Henry Svec","startTime":2260.0,"endTime":2263.6,"body":"is we have a few of those"},{"speaker":"Henry Svec","startTime":2263.6,"endTime":2265.58,"body":"because we're we're testing them"},{"speaker":"Henry Svec","startTime":2263.6,"endTime":2265.58,"body":"out doesn't seem to be any"},{"speaker":"Henry Svec","startTime":2265.58,"endTime":2269.06,"body":"difference whether we treat or"},{"speaker":"Henry Svec","startTime":2265.58,"endTime":2269.06,"body":"not. Okay, and our bees are"},{"speaker":"Henry Svec","startTime":2269.06,"endTime":2273.23,"body":"starting and many of these bees"},{"speaker":"Henry Svec","startTime":2269.06,"endTime":2273.23,"body":"saskatoons particularly, will"},{"speaker":"Henry Svec","startTime":2273.23,"endTime":2277.4,"body":"carry out sick babies and will"},{"speaker":"Henry Svec","startTime":2273.23,"endTime":2277.4,"body":"will chew the legs off mites."},{"speaker":"Ethan Waldman","startTime":2277.58,"endTime":2277.91,"body":"Yep."},{"speaker":"Henry Svec","startTime":2277.94,"endTime":2281.18,"body":"So if you let honey"},{"speaker":"Henry Svec","startTime":2277.94,"endTime":2281.18,"body":"if you can, if you can feel the"},{"speaker":"Henry Svec","startTime":2281.18,"endTime":2285.44,"body":"pain of losing hives as we have"},{"speaker":"Henry Svec","startTime":2281.18,"endTime":2285.44,"body":"had to do, eventually the bees"},{"speaker":"Henry Svec","startTime":2285.44,"endTime":2289.91,"body":"do adapt if we leave them alone."},{"speaker":"Henry Svec","startTime":2285.44,"endTime":2289.91,"body":"The problem is, it's so hard to"},{"speaker":"Henry Svec","startTime":2289.91,"endTime":2292.76,"body":"leave them alone, right? I mean,"},{"speaker":"Henry Svec","startTime":2289.91,"endTime":2292.76,"body":"you want to help them, you want"},{"speaker":"Henry Svec","startTime":2292.76,"endTime":2295.31,"body":"to give them I was out I lifted"},{"speaker":"Henry Svec","startTime":2292.76,"endTime":2295.31,"body":"a hive the other day the bees"},{"speaker":"Henry Svec","startTime":2295.31,"endTime":2297.53,"body":"are flying. This is a light"},{"speaker":"Henry Svec","startTime":2295.31,"endTime":2297.53,"body":"hive, I should add some honey"},{"speaker":"Henry Svec","startTime":2297.53,"endTime":2302.21,"body":"and then I said no. It's not my"},{"speaker":"Henry Svec","startTime":2297.53,"endTime":2302.21,"body":"job. Okay, stay out of the way."},{"speaker":"Henry Svec","startTime":2302.48,"endTime":2306.08,"body":"let nature take its course. So"},{"speaker":"Henry Svec","startTime":2302.48,"endTime":2306.08,"body":"servant beekeeping is very much"},{"speaker":"Henry Svec","startTime":2306.08,"endTime":2310.22,"body":"watching and listening. And not"},{"speaker":"Henry Svec","startTime":2306.08,"endTime":2310.22,"body":"like I'll give me example, when"},{"speaker":"Henry Svec","startTime":2310.22,"endTime":2313.25,"body":"I trained to be a beekeeper some"},{"speaker":"Henry Svec","startTime":2310.22,"endTime":2313.25,"body":"years ago, you open the hive"},{"speaker":"Henry Svec","startTime":2313.25,"endTime":2316.16,"body":"every two weeks to see how"},{"speaker":"Henry Svec","startTime":2313.25,"endTime":2316.16,"body":"they're doing. Yeah, well, every"},{"speaker":"Henry Svec","startTime":2316.16,"endTime":2319.79,"body":"time you open a hive, you break"},{"speaker":"Henry Svec","startTime":2316.16,"endTime":2319.79,"body":"the seal the proposal, it'd be"},{"speaker":"Henry Svec","startTime":2319.79,"endTime":2322.49,"body":"like someone taking a roof off"},{"speaker":"Henry Svec","startTime":2319.79,"endTime":2322.49,"body":"your house when you make"},{"speaker":"Henry Svec","startTime":2322.49,"endTime":2324.95,"body":"chocolate chip cookies and then"},{"speaker":"Henry Svec","startTime":2322.49,"endTime":2324.95,"body":"putting the roof back on and the"},{"speaker":"Henry Svec","startTime":2324.95,"endTime":2329.9,"body":"smells are different. The energy"},{"speaker":"Henry Svec","startTime":2324.95,"endTime":2329.9,"body":"to seal it is stressful. So"},{"speaker":"Henry Svec","startTime":2329.9,"endTime":2333.32,"body":"we're trying to only enter them"},{"speaker":"Henry Svec","startTime":2329.9,"endTime":2333.32,"body":"once maybe a year or twice if"},{"speaker":"Henry Svec","startTime":2333.32,"endTime":2335.66,"body":"you're going to split them"},{"speaker":"Henry Svec","startTime":2333.32,"endTime":2335.66,"body":"because we still split to try to"},{"speaker":"Henry Svec","startTime":2335.66,"endTime":2338.66,"body":"find the right genetics, but I"},{"speaker":"Henry Svec","startTime":2335.66,"endTime":2338.66,"body":"think there's a good balance you"},{"speaker":"Henry Svec","startTime":2338.66,"endTime":2342.89,"body":"can do without having to you"},{"speaker":"Henry Svec","startTime":2338.66,"endTime":2342.89,"body":"know, bomb your bees with spray"},{"speaker":"Henry Svec","startTime":2342.89,"endTime":2344.51,"body":"or pesticides every two weeks."},{"speaker":"Henry Svec","startTime":2342.89,"endTime":2344.51,"body":"Yeah, definitely."},{"speaker":"Ethan Waldman","startTime":2345.01,"endTime":2348.22,"body":"And we were we"},{"speaker":"Ethan Waldman","startTime":2345.01,"endTime":2348.22,"body":"were always like to I think we"},{"speaker":"Ethan Waldman","startTime":2348.22,"endTime":2352.06,"body":"had three hives at one point."},{"speaker":"Ethan Waldman","startTime":2348.22,"endTime":2352.06,"body":"And so it was like we knew here"},{"speaker":"Ethan Waldman","startTime":2352.06,"endTime":2355.18,"body":"in Vermont, you know, it's a"},{"speaker":"Ethan Waldman","startTime":2352.06,"endTime":2355.18,"body":"it's a very long winter, the"},{"speaker":"Ethan Waldman","startTime":2355.18,"endTime":2358.6,"body":"spring tends to be really hard"},{"speaker":"Ethan Waldman","startTime":2355.18,"endTime":2358.6,"body":"for them because they're running"},{"speaker":"Ethan Waldman","startTime":2358.6,"endTime":2361.99,"body":"out of food. And there's not"},{"speaker":"Ethan Waldman","startTime":2358.6,"endTime":2361.99,"body":"much happening outside in terms"},{"speaker":"Ethan Waldman","startTime":2361.99,"endTime":2367.48,"body":"of flowers and nectar. But you"},{"speaker":"Ethan Waldman","startTime":2361.99,"endTime":2367.48,"body":"know, we know that if you have"},{"speaker":"Ethan Waldman","startTime":2367.48,"endTime":2369.64,"body":"more hives, you know, you're"},{"speaker":"Ethan Waldman","startTime":2367.48,"endTime":2369.64,"body":"going to lose some but you're"},{"speaker":"Ethan Waldman","startTime":2369.64,"endTime":2373.18,"body":"also going to, some are gonna"},{"speaker":"Ethan Waldman","startTime":2369.64,"endTime":2373.18,"body":"make it and then you kind of can"},{"speaker":"Ethan Waldman","startTime":2373.18,"endTime":2374.68,"body":"build from there. One of"},{"speaker":"Henry Svec","startTime":2374.63,"endTime":2377.03,"body":"the challenges, as"},{"speaker":"Henry Svec","startTime":2374.63,"endTime":2377.03,"body":"you say is habitat right? When"},{"speaker":"Henry Svec","startTime":2377.03,"endTime":2380.21,"body":"you when you look at what where"},{"speaker":"Henry Svec","startTime":2377.03,"endTime":2380.21,"body":"are they going to go like around"},{"speaker":"Henry Svec","startTime":2380.21,"endTime":2383.72,"body":"here. If it wasn't for our 50"},{"speaker":"Henry Svec","startTime":2380.21,"endTime":2383.72,"body":"acres, all of the land is"},{"speaker":"Henry Svec","startTime":2383.72,"endTime":2386.54,"body":"farmed. There aren't even there"},{"speaker":"Henry Svec","startTime":2383.72,"endTime":2386.54,"body":"used to be headlines right where"},{"speaker":"Henry Svec","startTime":2386.54,"endTime":2389.81,"body":"you'd have like 20 feet wide and"},{"speaker":"Henry Svec","startTime":2386.54,"endTime":2389.81,"body":"the length of the farm would be"},{"speaker":"Henry Svec","startTime":2389.81,"endTime":2392.78,"body":"grass and trees. That's all"},{"speaker":"Henry Svec","startTime":2389.81,"endTime":2392.78,"body":"taken out now for efficiency."},{"speaker":"Henry Svec","startTime":2393.14,"endTime":2396.53,"body":"And many of these farms are"},{"speaker":"Henry Svec","startTime":2393.14,"endTime":2396.53,"body":"1000s of acres so there is no I"},{"speaker":"Henry Svec","startTime":2396.53,"endTime":2399.23,"body":"took a drive from our place to"},{"speaker":"Henry Svec","startTime":2396.53,"endTime":2399.23,"body":"Niagara Falls which is about a"},{"speaker":"Henry Svec","startTime":2399.23,"endTime":2403.64,"body":"three hour drive. I could not"},{"speaker":"Henry Svec","startTime":2399.23,"endTime":2403.64,"body":"find any natural habitat along"},{"speaker":"Henry Svec","startTime":2403.64,"endTime":2408.59,"body":"the highway. Nothing. It's kind"},{"speaker":"Henry Svec","startTime":2403.64,"endTime":2408.59,"body":"for sprayed. There's not there's"},{"speaker":"Henry Svec","startTime":2408.59,"endTime":2412.46,"body":"no place for those bees. There's"},{"speaker":"Henry Svec","startTime":2408.59,"endTime":2412.46,"body":"the odd forest you'll find. So I"},{"speaker":"Henry Svec","startTime":2412.46,"endTime":2416.96,"body":"think habitats 95% of our"},{"speaker":"Henry Svec","startTime":2412.46,"endTime":2416.96,"body":"problem. I really do. Yeah, our"},{"speaker":"Henry Svec","startTime":2416.96,"endTime":2421.79,"body":"goal our dream is for every 100"},{"speaker":"Henry Svec","startTime":2416.96,"endTime":2421.79,"body":"acres of one acre of oasis for"},{"speaker":"Henry Svec","startTime":2421.79,"endTime":2424.61,"body":"bees and wildlife. I mean, we"},{"speaker":"Henry Svec","startTime":2421.79,"endTime":2424.61,"body":"have we have I don't know how"},{"speaker":"Henry Svec","startTime":2424.61,"endTime":2428.24,"body":"many the first year we stopped"},{"speaker":"Henry Svec","startTime":2424.61,"endTime":2428.24,"body":"farming this property before we"},{"speaker":"Henry Svec","startTime":2428.24,"endTime":2432.14,"body":"planted the wildflowers. We have"},{"speaker":"Henry Svec","startTime":2428.24,"endTime":2432.14,"body":"95 Different wildflowers on the"},{"speaker":"Henry Svec","startTime":2432.14,"endTime":2437.36,"body":"farm. So for 100 acres, it was"},{"speaker":"Henry Svec","startTime":2432.14,"endTime":2437.36,"body":"sprayed to death. We stopped for"},{"speaker":"Henry Svec","startTime":2437.36,"endTime":2440.42,"body":"one year, and all of a sudden"},{"speaker":"Henry Svec","startTime":2437.36,"endTime":2440.42,"body":"there's 95 and that's reassuring"},{"speaker":"Henry Svec","startTime":2440.42,"endTime":2445.1,"body":"to me that was really exciting."},{"speaker":"Henry Svec","startTime":2440.42,"endTime":2445.1,"body":"I know where you can take a pic"},{"speaker":"Henry Svec","startTime":2445.4,"endTime":2449.75,"body":"Yeah, unbelievable. Yeah. And"},{"speaker":"Henry Svec","startTime":2445.4,"endTime":2449.75,"body":"now we're getting this is really"},{"speaker":"Henry Svec","startTime":2449.75,"endTime":2452.48,"body":"crazy. I don't understand that."},{"speaker":"Henry Svec","startTime":2449.75,"endTime":2452.48,"body":"Now we're getting things that"},{"speaker":"Henry Svec","startTime":2452.48,"endTime":2459.08,"body":"happen that bees like balsa"},{"speaker":"Henry Svec","startTime":2452.48,"endTime":2459.08,"body":"Balsam trees. What we we have"},{"speaker":"Henry Svec","startTime":2459.08,"endTime":2462.2,"body":"planned we don't have any balsa"},{"speaker":"Henry Svec","startTime":2459.08,"endTime":2462.2,"body":"trees around here. And of course"},{"speaker":"Henry Svec","startTime":2462.2,"endTime":2466.22,"body":"bees use that for proportions"},{"speaker":"Henry Svec","startTime":2462.2,"endTime":2466.22,"body":"right. Different types of trees."},{"speaker":"Henry Svec","startTime":2466.67,"endTime":2470.33,"body":"Why would a tree that bees use"},{"speaker":"Henry Svec","startTime":2466.67,"endTime":2470.33,"body":"for pollen and stuff suddenly"},{"speaker":"Henry Svec","startTime":2470.33,"endTime":2477.74,"body":"start popping up on our farm?"},{"speaker":"Henry Svec","startTime":2470.33,"endTime":2477.74,"body":"Bees don't carry seeds. How did"},{"speaker":"Henry Svec","startTime":2477.74,"endTime":2479.75,"body":"that happen? Like what?"},{"speaker":"Ethan Waldman","startTime":2480.47,"endTime":2482.06,"body":"I don't have any."},{"speaker":"Ethan Waldman","startTime":2480.47,"endTime":2482.06,"body":"Do you have an answer?"},{"speaker":"Henry Svec","startTime":2482.12,"endTime":2484.25,"body":"No idea. I don't"},{"speaker":"Henry Svec","startTime":2482.12,"endTime":2484.25,"body":"know anything. I mean, I the"},{"speaker":"Henry Svec","startTime":2484.25,"endTime":2488.3,"body":"more you study nature and bees,"},{"speaker":"Henry Svec","startTime":2484.25,"endTime":2488.3,"body":"we know maybe 5% I mean, we"},{"speaker":"Henry Svec","startTime":2488.3,"endTime":2490.88,"body":"don't know anything about bees."},{"speaker":"Henry Svec","startTime":2488.3,"endTime":2490.88,"body":"You know? I mean, we think we"},{"speaker":"Henry Svec","startTime":2490.88,"endTime":2491.99,"body":"do. But we don't"},{"speaker":"Ethan Waldman","startTime":2492.68,"endTime":2494.87,"body":"Right. You, when"},{"speaker":"Ethan Waldman","startTime":2492.68,"endTime":2494.87,"body":"you when you're keeping bees and"},{"speaker":"Ethan Waldman","startTime":2494.87,"endTime":2498.32,"body":"you think that you know what"},{"speaker":"Ethan Waldman","startTime":2494.87,"endTime":2498.32,"body":"they're supposed to be doing? It"},{"speaker":"Ethan Waldman","startTime":2498.32,"endTime":2500.9,"body":"turns out that the bees didn't"},{"speaker":"Ethan Waldman","startTime":2498.32,"endTime":2500.9,"body":"read the same book that you did."},{"speaker":"Henry Svec","startTime":2501.53,"endTime":2504.02,"body":"Well, the takeover"},{"speaker":"Henry Svec","startTime":2501.53,"endTime":2504.02,"body":"you know, the takeover kills me,"},{"speaker":"Henry Svec","startTime":2504.02,"endTime":2506.24,"body":"you know, the takeover"},{"speaker":"Henry Svec","startTime":2504.02,"endTime":2506.24,"body":"usurpation or whatever they call"},{"speaker":"Henry Svec","startTime":2506.24,"endTime":2510.17,"body":"every Yep, a hive can go into"},{"speaker":"Henry Svec","startTime":2506.24,"endTime":2510.17,"body":"another hive in 10 minutes. Take"},{"speaker":"Henry Svec","startTime":2510.17,"endTime":2512.99,"body":"it over. Yep. Yeah, so a"},{"speaker":"Henry Svec","startTime":2510.17,"endTime":2512.99,"body":"beekeeper what they call a"},{"speaker":"Henry Svec","startTime":2512.99,"endTime":2515.48,"body":"master beekeeper, a genius"},{"speaker":"Henry Svec","startTime":2512.99,"endTime":2515.48,"body":"beekeeper could go to the"},{"speaker":"Henry Svec","startTime":2515.48,"endTime":2519.08,"body":"bathroom, come back, look at his"},{"speaker":"Henry Svec","startTime":2515.48,"endTime":2519.08,"body":"hive and say, Boy, this hives"},{"speaker":"Henry Svec","startTime":2519.08,"endTime":2521.96,"body":"healthy. But it's a whole"},{"speaker":"Henry Svec","startTime":2519.08,"endTime":2521.96,"body":"different hive than when he went"},{"speaker":"Henry Svec","startTime":2521.96,"endTime":2525.59,"body":"to the bathroom. But they don't"},{"speaker":"Henry Svec","startTime":2521.96,"endTime":2525.59,"body":"know. We don't know. Right? We"},{"speaker":"Henry Svec","startTime":2525.59,"endTime":2526.25,"body":"have no idea."},{"speaker":"Ethan Waldman","startTime":2527.93,"endTime":2530.3,"body":"So you have a"},{"speaker":"Ethan Waldman","startTime":2527.93,"endTime":2530.3,"body":"podcast called Invest Like a"},{"speaker":"Ethan Waldman","startTime":2530.3,"endTime":2533.81,"body":"Honeybee. Tell tell us about the"},{"speaker":"Ethan Waldman","startTime":2530.3,"endTime":2533.81,"body":"show. And what kind of stuff do"},{"speaker":"Ethan Waldman","startTime":2533.81,"endTime":2534.29,"body":"you talk about?"},{"speaker":"Henry Svec","startTime":2534.31,"endTime":2537.22,"body":"Sure. It used to be"},{"speaker":"Henry Svec","startTime":2534.31,"endTime":2537.22,"body":"called shrink money advice when"},{"speaker":"Henry Svec","startTime":2537.22,"endTime":2541.03,"body":"I was a psychologist, okay. Any"},{"speaker":"Henry Svec","startTime":2537.22,"endTime":2541.03,"body":"advice is a dumb, it's a dumb"},{"speaker":"Henry Svec","startTime":2541.03,"endTime":2546.88,"body":"title. But it's really about I"},{"speaker":"Henry Svec","startTime":2541.03,"endTime":2546.88,"body":"interview guests who are into"},{"speaker":"Henry Svec","startTime":2546.91,"endTime":2551.11,"body":"it. But I also talk about Smart"},{"speaker":"Henry Svec","startTime":2546.91,"endTime":2551.11,"body":"Money, being smart with your"},{"speaker":"Henry Svec","startTime":2551.11,"endTime":2555.82,"body":"money. And it's kind of common"},{"speaker":"Henry Svec","startTime":2551.11,"endTime":2555.82,"body":"sense. But the push and I'm not"},{"speaker":"Henry Svec","startTime":2555.82,"endTime":2558.64,"body":"sure we haven't talked finance"},{"speaker":"Henry Svec","startTime":2555.82,"endTime":2558.64,"body":"the push is really to get people"},{"speaker":"Henry Svec","startTime":2558.64,"endTime":2563.68,"body":"to react based on information,"},{"speaker":"Henry Svec","startTime":2558.64,"endTime":2563.68,"body":"not emotion. Because when you"},{"speaker":"Henry Svec","startTime":2563.71,"endTime":2566.68,"body":"watch the shows every morning on"},{"speaker":"Henry Svec","startTime":2563.71,"endTime":2566.68,"body":"business, they try to get you"},{"speaker":"Henry Svec","startTime":2566.68,"endTime":2571.66,"body":"hyped up by this sell that"},{"speaker":"Henry Svec","startTime":2566.68,"endTime":2571.66,"body":"Google Amazon, you know, none of"},{"speaker":"Henry Svec","startTime":2571.66,"endTime":2578.2,"body":"that met No, base it on value"},{"speaker":"Henry Svec","startTime":2571.66,"endTime":2578.2,"body":"and have a plan like the BS. And"},{"speaker":"Henry Svec","startTime":2578.2,"endTime":2581.08,"body":"then none of this matters."},{"speaker":"Henry Svec","startTime":2578.2,"endTime":2581.08,"body":"Interest rates don't matter."},{"speaker":"Henry Svec","startTime":2581.08,"endTime":2584.95,"body":"Inflation doesn't. You think"},{"speaker":"Henry Svec","startTime":2581.08,"endTime":2584.95,"body":"about right now back to that"},{"speaker":"Henry Svec","startTime":2584.95,"endTime":2587.59,"body":"lesson. What's happening right"},{"speaker":"Henry Svec","startTime":2584.95,"endTime":2587.59,"body":"now most people can't tell you."},{"speaker":"Henry Svec","startTime":2588.25,"endTime":2591.82,"body":"And as far as predicting the"},{"speaker":"Henry Svec","startTime":2588.25,"endTime":2591.82,"body":"future, no idea. And people who"},{"speaker":"Henry Svec","startTime":2591.82,"endTime":2596.59,"body":"tell you they can think of the"},{"speaker":"Henry Svec","startTime":2591.82,"endTime":2596.59,"body":"BS again. 75% think they're"},{"speaker":"Henry Svec","startTime":2596.59,"endTime":2599.65,"body":"picking a great house and 30% of"},{"speaker":"Henry Svec","startTime":2596.59,"endTime":2599.65,"body":"the time are they right out of"},{"speaker":"Henry Svec","startTime":2599.65,"endTime":2603.82,"body":"that? We have no idea. It can"},{"speaker":"Henry Svec","startTime":2599.65,"endTime":2603.82,"body":"take one event and all of a"},{"speaker":"Henry Svec","startTime":2603.82,"endTime":2608.02,"body":"sudden so we you know when we"},{"speaker":"Henry Svec","startTime":2603.82,"endTime":2608.02,"body":"land banked the idea of land for"},{"speaker":"Henry Svec","startTime":2608.02,"endTime":2611.8,"body":"me where the tiny homes are, was"},{"speaker":"Henry Svec","startTime":2608.02,"endTime":2611.8,"body":"to have a place where you feel"},{"speaker":"Henry Svec","startTime":2611.98,"endTime":2614.44,"body":"you can sleep at night because"},{"speaker":"Henry Svec","startTime":2611.98,"endTime":2614.44,"body":"you'll always have the land the"},{"speaker":"Henry Svec","startTime":2614.44,"endTime":2618.91,"body":"trees, you know, you're close to"},{"speaker":"Henry Svec","startTime":2614.44,"endTime":2618.91,"body":"the water. You can fish if you"},{"speaker":"Henry Svec","startTime":2618.91,"endTime":2621.52,"body":"had to eat protein, I suppose"},{"speaker":"Henry Svec","startTime":2618.91,"endTime":2621.52,"body":"you can hunt some rabbits or"},{"speaker":"Henry Svec","startTime":2621.52,"endTime":2624.76,"body":"something. But you have this"},{"speaker":"Henry Svec","startTime":2621.52,"endTime":2624.76,"body":"place where you feel secure. So"},{"speaker":"Henry Svec","startTime":2624.76,"endTime":2627.85,"body":"I think as as people, we need to"},{"speaker":"Henry Svec","startTime":2624.76,"endTime":2627.85,"body":"find out what makes us secure."},{"speaker":"Henry Svec","startTime":2628.27,"endTime":2630.97,"body":"Because once you're secure, you"},{"speaker":"Henry Svec","startTime":2628.27,"endTime":2630.97,"body":"can take on all those other"},{"speaker":"Henry Svec","startTime":2630.97,"endTime":2631.99,"body":"things that you care about."},{"speaker":"Ethan Waldman","startTime":2633.85,"endTime":2636.46,"body":"Nice. Well, it's"},{"speaker":"Ethan Waldman","startTime":2633.85,"endTime":2636.46,"body":"it's, I'm looking forward to"},{"speaker":"Ethan Waldman","startTime":2636.46,"endTime":2639.61,"body":"checking it out. It sounds I"},{"speaker":"Ethan Waldman","startTime":2636.46,"endTime":2639.61,"body":"mean, both titles actually sound"},{"speaker":"Ethan Waldman","startTime":2639.61,"endTime":2642.1,"body":"interesting. I would I would"},{"speaker":"Ethan Waldman","startTime":2639.61,"endTime":2642.1,"body":"listen to shrinking money too."},{"speaker":"Ethan Waldman","startTime":2642.13,"endTime":2644.14,"body":"But I'm gonna listen to"},{"speaker":"Ethan Waldman","startTime":2642.13,"endTime":2644.14,"body":"investigate anyway."},{"speaker":"Henry Svec","startTime":2644.72,"endTime":2646.85,"body":"Well, I wrote Shrink"},{"speaker":"Henry Svec","startTime":2644.72,"endTime":2646.85,"body":"Money Advice for my children"},{"speaker":"Henry Svec","startTime":2646.85,"endTime":2650.75,"body":"because as you know, as I said,"},{"speaker":"Henry Svec","startTime":2646.85,"endTime":2650.75,"body":"You can't give a relative or a"},{"speaker":"Henry Svec","startTime":2650.75,"endTime":2655.7,"body":"friend advice. So I thought if I"},{"speaker":"Henry Svec","startTime":2650.75,"endTime":2655.7,"body":"write this book I had I think"},{"speaker":"Henry Svec","startTime":2655.7,"endTime":2659.18,"body":"one of my sons edited it, and I"},{"speaker":"Henry Svec","startTime":2655.7,"endTime":2659.18,"body":"made the other son edit it. And"},{"speaker":"Henry Svec","startTime":2659.18,"endTime":2662.03,"body":"then I didn't care if I sold it"},{"speaker":"Henry Svec","startTime":2659.18,"endTime":2662.03,"body":"because there now this book we"},{"speaker":"Henry Svec","startTime":2662.03,"endTime":2664.94,"body":"wrote for and by the way my I"},{"speaker":"Henry Svec","startTime":2662.03,"endTime":2664.94,"body":"also listened to my advice and"},{"speaker":"Henry Svec","startTime":2664.94,"endTime":2667.58,"body":"shrink money advice. It's it's a"},{"speaker":"Henry Svec","startTime":2664.94,"endTime":2667.58,"body":"parody of a couple who aren't"},{"speaker":"Henry Svec","startTime":2667.58,"endTime":2670.91,"body":"happy with their life and how"},{"speaker":"Henry Svec","startTime":2667.58,"endTime":2670.91,"body":"they ended up and anybody who"},{"speaker":"Henry Svec","startTime":2670.91,"endTime":2674.81,"body":"followed that information."},{"speaker":"Henry Svec","startTime":2670.91,"endTime":2674.81,"body":"multimillionaire now just"},{"speaker":"Henry Svec","startTime":2675.71,"endTime":2679.88,"body":"shrink. The What Grandpa Learned"},{"speaker":"Henry Svec","startTime":2675.71,"endTime":2679.88,"body":"from his Honeybees, we wrote for"},{"speaker":"Henry Svec","startTime":2679.88,"endTime":2683.06,"body":"our grandchildren for the same"},{"speaker":"Henry Svec","startTime":2679.88,"endTime":2683.06,"body":"reason so that when they're 910,"},{"speaker":"Henry Svec","startTime":2683.54,"endTime":2686.21,"body":"or an adult reads it who's not"},{"speaker":"Henry Svec","startTime":2683.54,"endTime":2686.21,"body":"feeling good about their money,"},{"speaker":"Henry Svec","startTime":2686.21,"endTime":2688.97,"body":"they can actually learn some"},{"speaker":"Henry Svec","startTime":2686.21,"endTime":2688.97,"body":"basic lessons to get them to"},{"speaker":"Henry Svec","startTime":2688.97,"endTime":2691.91,"body":"that next step. And in the"},{"speaker":"Henry Svec","startTime":2688.97,"endTime":2691.91,"body":"appendix of that book, I"},{"speaker":"Henry Svec","startTime":2691.91,"endTime":2694.79,"body":"actually actually put in two"},{"speaker":"Henry Svec","startTime":2691.91,"endTime":2694.79,"body":"stocks that I only own three or"},{"speaker":"Henry Svec","startTime":2694.79,"endTime":2697.97,"body":"four stocks now I think it is"},{"speaker":"Henry Svec","startTime":2694.79,"endTime":2697.97,"body":"how do I find value in those"},{"speaker":"Henry Svec","startTime":2697.97,"endTime":2701.24,"body":"stocks? And if so, you can take"},{"speaker":"Henry Svec","startTime":2697.97,"endTime":2701.24,"body":"it From the very basic honeybee"},{"speaker":"Henry Svec","startTime":2701.24,"endTime":2703.67,"body":"story, and if you want to get a"},{"speaker":"Henry Svec","startTime":2701.24,"endTime":2703.67,"body":"calculator out, you can actually"},{"speaker":"Henry Svec","startTime":2703.67,"endTime":2706.61,"body":"push it all the way to analyzing"},{"speaker":"Henry Svec","startTime":2703.67,"endTime":2706.61,"body":"stocks. But we built we wrote it"},{"speaker":"Henry Svec","startTime":2706.61,"endTime":2709.55,"body":"actually for young children and"},{"speaker":"Henry Svec","startTime":2706.61,"endTime":2709.55,"body":"young people who haven't had a"},{"speaker":"Henry Svec","startTime":2709.55,"endTime":2710.84,"body":"lot of financial experience."},{"speaker":"Ethan Waldman","startTime":2712.1,"endTime":2714.74,"body":"Awesome. Well,"},{"speaker":"Ethan Waldman","startTime":2712.1,"endTime":2714.74,"body":"the books both sound great. So"},{"speaker":"Ethan Waldman","startTime":2714.74,"endTime":2716.24,"body":"where can people get the books?"},{"speaker":"Henry Svec","startTime":2716.39,"endTime":2719.21,"body":"So you can get, you"},{"speaker":"Henry Svec","startTime":2716.39,"endTime":2719.21,"body":"can get What Grandpa Learned"},{"speaker":"Henry Svec","startTime":2719.21,"endTime":2721.58,"body":"from his Honeybees just came out"},{"speaker":"Henry Svec","startTime":2719.21,"endTime":2721.58,"body":"a couple of weeks ago on Amazon,"},{"speaker":"Henry Svec","startTime":2721.61,"endTime":2724.67,"body":"I think Audible is going to be"},{"speaker":"Henry Svec","startTime":2721.61,"endTime":2724.67,"body":"this week. I think the hard"},{"speaker":"Henry Svec","startTime":2724.67,"endTime":2727.88,"body":"covers today. So if you want to"},{"speaker":"Henry Svec","startTime":2724.67,"endTime":2727.88,"body":"get a Kindle, or the softcover,"},{"speaker":"Henry Svec","startTime":2727.88,"endTime":2730.67,"body":"you can get it now. But Audible"},{"speaker":"Henry Svec","startTime":2727.88,"endTime":2730.67,"body":"is probably within a week."},{"speaker":"Ethan Waldman","startTime":2730.94,"endTime":2731.36,"body":"Okay."},{"speaker":"Henry Svec","startTime":2732.02,"endTime":2736.01,"body":"Yeah. And I"},{"speaker":"Henry Svec","startTime":2732.02,"endTime":2736.01,"body":"encourage grandparents to read"},{"speaker":"Henry Svec","startTime":2736.01,"endTime":2739.4,"body":"it to children, maybe you do one"},{"speaker":"Henry Svec","startTime":2736.01,"endTime":2739.4,"body":"bee story a day, the worst case"},{"speaker":"Henry Svec","startTime":2739.4,"endTime":2741.8,"body":"scenarios, you'll learn 10"},{"speaker":"Henry Svec","startTime":2739.4,"endTime":2741.8,"body":"things about bees, 10 different"},{"speaker":"Henry Svec","startTime":2741.8,"endTime":2745.46,"body":"bee stories, yeah, yeah, then we"},{"speaker":"Henry Svec","startTime":2741.8,"endTime":2745.46,"body":"apply those to being smart with"},{"speaker":"Henry Svec","startTime":2745.46,"endTime":2748.22,"body":"your money, which, you know"},{"speaker":"Henry Svec","startTime":2745.46,"endTime":2748.22,"body":"what, if you're smart with your"},{"speaker":"Henry Svec","startTime":2748.22,"endTime":2751.55,"body":"money, it's a lot easier to not"},{"speaker":"Henry Svec","startTime":2748.22,"endTime":2751.55,"body":"have to just zone out of all"},{"speaker":"Henry Svec","startTime":2751.55,"endTime":2754.76,"body":"that money, stuff, you don't you"},{"speaker":"Henry Svec","startTime":2751.55,"endTime":2754.76,"body":"don't think about get a system"},{"speaker":"Henry Svec","startTime":2754.76,"endTime":2760.43,"body":"in place, they have confidence"},{"speaker":"Henry Svec","startTime":2754.76,"endTime":2760.43,"body":"in that you trust. And then you"},{"speaker":"Henry Svec","startTime":2760.43,"endTime":2762.38,"body":"don't have to worry. And when"},{"speaker":"Henry Svec","startTime":2760.43,"endTime":2762.38,"body":"you get enough money, then you"},{"speaker":"Henry Svec","startTime":2762.38,"endTime":2766.13,"body":"can look at investing in a"},{"speaker":"Henry Svec","startTime":2762.38,"endTime":2766.13,"body":"certain way. And just sort of"},{"speaker":"Henry Svec","startTime":2766.13,"endTime":2768.71,"body":"make yourself feel comfortable."},{"speaker":"Henry Svec","startTime":2766.13,"endTime":2768.71,"body":"Because in the end, you know,"},{"speaker":"Henry Svec","startTime":2768.71,"endTime":2772.49,"body":"you want to be able to practice"},{"speaker":"Henry Svec","startTime":2768.71,"endTime":2772.49,"body":"or do whatever you do to take"},{"speaker":"Henry Svec","startTime":2772.49,"endTime":2774.98,"body":"care of the planet in a better"},{"speaker":"Henry Svec","startTime":2772.49,"endTime":2774.98,"body":"way. And one way as you need"},{"speaker":"Henry Svec","startTime":2774.98,"endTime":2776.96,"body":"some resources, and this will"},{"speaker":"Henry Svec","startTime":2774.98,"endTime":2776.96,"body":"help you with that, like the"},{"speaker":"Henry Svec","startTime":2776.96,"endTime":2777.65,"body":"honeybees do."},{"speaker":"Ethan Waldman","startTime":2777.83,"endTime":2780.53,"body":"Great. It's"},{"speaker":"Ethan Waldman","startTime":2777.83,"endTime":2780.53,"body":"crazy. Awesome. And so they're"},{"speaker":"Ethan Waldman","startTime":2780.53,"endTime":2782.18,"body":"both on Amazon, then yeah, you"},{"speaker":"Henry Svec","startTime":2782.0,"endTime":2784.76,"body":"can get them on"},{"speaker":"Henry Svec","startTime":2782.0,"endTime":2784.76,"body":"Amazon Shrink Money Advice I"},{"speaker":"Henry Svec","startTime":2784.76,"endTime":2787.73,"body":"wrote a while ago and did an"},{"speaker":"Henry Svec","startTime":2784.76,"endTime":2787.73,"body":"update edition. And that and"},{"speaker":"Henry Svec","startTime":2787.73,"endTime":2791.96,"body":"that, that actually, most of"},{"speaker":"Henry Svec","startTime":2787.73,"endTime":2791.96,"body":"that I even have a list of"},{"speaker":"Henry Svec","startTime":2791.99,"endTime":2795.35,"body":"strategies. If I was starting"},{"speaker":"Henry Svec","startTime":2791.99,"endTime":2795.35,"body":"out today, what would I do? How"},{"speaker":"Henry Svec","startTime":2795.35,"endTime":2798.02,"body":"would I take on high house"},{"speaker":"Henry Svec","startTime":2795.35,"endTime":2798.02,"body":"prices? Well, how would I invest"},{"speaker":"Henry Svec","startTime":2798.02,"endTime":2801.41,"body":"and so there's, but it's very"},{"speaker":"Henry Svec","startTime":2798.02,"endTime":2801.41,"body":"simple. And it's based on my 40"},{"speaker":"Henry Svec","startTime":2801.44,"endTime":2804.92,"body":"years. And this stuff kind of"},{"speaker":"Henry Svec","startTime":2801.44,"endTime":2804.92,"body":"works. I'm not a financial"},{"speaker":"Henry Svec","startTime":2804.92,"endTime":2807.26,"body":"planner. So I tell people make"},{"speaker":"Henry Svec","startTime":2804.92,"endTime":2807.26,"body":"sure you check out with your"},{"speaker":"Henry Svec","startTime":2807.26,"endTime":2809.93,"body":"financial people before you"},{"speaker":"Henry Svec","startTime":2807.26,"endTime":2809.93,"body":"start making all these changes."},{"speaker":"Henry Svec","startTime":2809.93,"endTime":2813.26,"body":"But like I have no vested"},{"speaker":"Henry Svec","startTime":2809.93,"endTime":2813.26,"body":"interest in this, you're not"},{"speaker":"Henry Svec","startTime":2813.26,"endTime":2816.44,"body":"buying stocks that I care about,"},{"speaker":"Henry Svec","startTime":2813.26,"endTime":2816.44,"body":"or whatever. It's more about"},{"speaker":"Henry Svec","startTime":2816.92,"endTime":2821.03,"body":"giving you sort of some ideas."},{"speaker":"Henry Svec","startTime":2816.92,"endTime":2821.03,"body":"And then in what grandpa learn"},{"speaker":"Henry Svec","startTime":2821.03,"endTime":2823.58,"body":"from the honeybees, I have 13"},{"speaker":"Henry Svec","startTime":2821.03,"endTime":2823.58,"body":"books in the appendix that I"},{"speaker":"Henry Svec","startTime":2823.58,"endTime":2826.82,"body":"think you should read. So if you"},{"speaker":"Henry Svec","startTime":2823.58,"endTime":2826.82,"body":"want to go beyond the basic, and"},{"speaker":"Henry Svec","startTime":2826.82,"endTime":2831.05,"body":"really dive in, I read tons of"},{"speaker":"Henry Svec","startTime":2826.82,"endTime":2831.05,"body":"books on finance, those are my"},{"speaker":"Henry Svec","startTime":2831.08,"endTime":2834.71,"body":"13 favorite that I think really"},{"speaker":"Henry Svec","startTime":2831.08,"endTime":2834.71,"body":"have changed my life when it"},{"speaker":"Henry Svec","startTime":2834.71,"endTime":2835.58,"body":"comes to investing."},{"speaker":"Ethan Waldman","startTime":2835.91,"endTime":2838.64,"body":"Fantastic. And"},{"speaker":"Ethan Waldman","startTime":2835.91,"endTime":2838.64,"body":"actually, that's, that's a great"},{"speaker":"Ethan Waldman","startTime":2838.64,"endTime":2841.13,"body":"segue because I always like to"},{"speaker":"Ethan Waldman","startTime":2838.64,"endTime":2841.13,"body":"ask guests, what are two or"},{"speaker":"Ethan Waldman","startTime":2841.13,"endTime":2843.5,"body":"three favorite books or"},{"speaker":"Ethan Waldman","startTime":2841.13,"endTime":2843.5,"body":"resources that have helped them"},{"speaker":"Ethan Waldman","startTime":2843.5,"endTime":2846.95,"body":"out? So maybe could you give us"},{"speaker":"Ethan Waldman","startTime":2843.5,"endTime":2846.95,"body":"a preview of of one or two of"},{"speaker":"Ethan Waldman","startTime":2846.95,"endTime":2847.58,"body":"those books?"},{"speaker":"Henry Svec","startTime":2847.67,"endTime":2850.01,"body":"You know, the more I"},{"speaker":"Henry Svec","startTime":2847.67,"endTime":2850.01,"body":"just read this when I was"},{"speaker":"Henry Svec","startTime":2850.01,"endTime":2852.38,"body":"finishing the book, and again,"},{"speaker":"Henry Svec","startTime":2850.01,"endTime":2852.38,"body":"you know, you know how you get"},{"speaker":"Henry Svec","startTime":2852.38,"endTime":2858.05,"body":"that sort of spiny tingly up"},{"speaker":"Henry Svec","startTime":2852.38,"endTime":2858.05,"body":"your spine I was reading harbor"},{"speaker":"Henry Svec","startTime":2858.05,"endTime":2861.17,"body":"his book on Dhando investing"},{"speaker":"Henry Svec","startTime":2858.05,"endTime":2861.17,"body":"Dhando it, it's in the it's in"},{"speaker":"Henry Svec","startTime":2861.17,"endTime":2863.9,"body":"there. And it's about an Indian"},{"speaker":"Henry Svec","startTime":2861.17,"endTime":2863.9,"body":"family, they come from India,"},{"speaker":"Henry Svec","startTime":2864.11,"endTime":2868.76,"body":"with basically no money. And"},{"speaker":"Henry Svec","startTime":2864.11,"endTime":2868.76,"body":"they end up owning 50% of the"},{"speaker":"Henry Svec","startTime":2868.76,"endTime":2869.87,"body":"motels in America."},{"speaker":"Ethan Waldman","startTime":2870.56,"endTime":2870.95,"body":"Wow."},{"speaker":"Henry Svec","startTime":2871.37,"endTime":2873.95,"body":"So how does it How"},{"speaker":"Henry Svec","startTime":2871.37,"endTime":2873.95,"body":"does a family with barely any"},{"speaker":"Henry Svec","startTime":2873.95,"endTime":2876.95,"body":"money. And when I was reading"},{"speaker":"Henry Svec","startTime":2873.95,"endTime":2876.95,"body":"this, I'm going okay, that's be"},{"speaker":"Henry Svec","startTime":2876.95,"endTime":2880.13,"body":"less than 10. That's be less"},{"speaker":"Henry Svec","startTime":2876.95,"endTime":2880.13,"body":"than six. I couldn't believe"},{"speaker":"Henry Svec","startTime":2880.13,"endTime":2882.98,"body":"this book, how it just"},{"speaker":"Henry Svec","startTime":2880.13,"endTime":2882.98,"body":"intersected with what we were in"},{"speaker":"Henry Svec","startTime":2882.98,"endTime":2886.28,"body":"at the time we were editing the"},{"speaker":"Henry Svec","startTime":2882.98,"endTime":2886.28,"body":"book What Grandpa Learned from"},{"speaker":"Henry Svec","startTime":2886.28,"endTime":2891.47,"body":"his Honeybees. And this book was"},{"speaker":"Henry Svec","startTime":2886.28,"endTime":2891.47,"body":"so powerful, the family how they"},{"speaker":"Henry Svec","startTime":2891.47,"endTime":2895.16,"body":"ended up owning and to this day"},{"speaker":"Henry Svec","startTime":2891.47,"endTime":2895.16,"body":"50% Of all the motels in"},{"speaker":"Henry Svec","startTime":2895.16,"endTime":2895.85,"body":"America."},{"speaker":"Ethan Waldman","startTime":2896.18,"endTime":2896.6,"body":"Wow."},{"speaker":"Henry Svec","startTime":2897.02,"endTime":2899.36,"body":"And they started"},{"speaker":"Henry Svec","startTime":2897.02,"endTime":2899.36,"body":"with one little one in a lousy"},{"speaker":"Henry Svec","startTime":2899.36,"endTime":2903.5,"body":"little community that nobody"},{"speaker":"Henry Svec","startTime":2899.36,"endTime":2903.5,"body":"wanted. And so there's lessons"},{"speaker":"Henry Svec","startTime":2903.5,"endTime":2908.09,"body":"in the book about risk. And the"},{"speaker":"Henry Svec","startTime":2903.5,"endTime":2908.09,"body":"risk is a really important one"},{"speaker":"Henry Svec","startTime":2908.09,"endTime":2911.27,"body":"hard work work ethic. Because"},{"speaker":"Henry Svec","startTime":2908.09,"endTime":2911.27,"body":"that's that's one of the other"},{"speaker":"Henry Svec","startTime":2911.27,"endTime":2914.93,"body":"things we talk about. How do you"},{"speaker":"Henry Svec","startTime":2911.27,"endTime":2914.93,"body":"work on the right things when"},{"speaker":"Henry Svec","startTime":2914.93,"endTime":2918.8,"body":"you have to, but really work?"},{"speaker":"Henry Svec","startTime":2914.93,"endTime":2918.8,"body":"Like when you're when you're"},{"speaker":"Henry Svec","startTime":2918.8,"endTime":2921.62,"body":"looking at a project or an"},{"speaker":"Henry Svec","startTime":2918.8,"endTime":2921.62,"body":"investment. I'm sure when you're"},{"speaker":"Henry Svec","startTime":2921.62,"endTime":2925.64,"body":"building your tiny home, you are"},{"speaker":"Henry Svec","startTime":2921.62,"endTime":2925.64,"body":"probably a bit obsessed about"},{"speaker":"Henry Svec","startTime":2925.64,"endTime":2928.94,"body":"that home, I would imagine."},{"speaker":"Henry Svec","startTime":2925.64,"endTime":2928.94,"body":"Yeah, absolutely. Maybe your"},{"speaker":"Henry Svec","startTime":2928.94,"endTime":2931.49,"body":"partners weren't too happy"},{"speaker":"Henry Svec","startTime":2928.94,"endTime":2931.49,"body":"around you. But that becomes"},{"speaker":"Henry Svec","startTime":2931.76,"endTime":2934.19,"body":"really what you do. And that's"},{"speaker":"Henry Svec","startTime":2931.76,"endTime":2934.19,"body":"outstanding. And it's that"},{"speaker":"Henry Svec","startTime":2934.19,"endTime":2937.52,"body":"obsession that you have to have"},{"speaker":"Henry Svec","startTime":2934.19,"endTime":2937.52,"body":"when you're doing investing"},{"speaker":"Henry Svec","startTime":2937.52,"endTime":2941.0,"body":"rather things that will take you"},{"speaker":"Henry Svec","startTime":2937.52,"endTime":2941.0,"body":"to that level. And the other"},{"speaker":"Henry Svec","startTime":2941.0,"endTime":2943.97,"body":"thing I should I should say the"},{"speaker":"Henry Svec","startTime":2941.0,"endTime":2943.97,"body":"good thing about pabrai his book"},{"speaker":"Henry Svec","startTime":2943.97,"endTime":2947.42,"body":"on Dhando, I think it's johndrow"},{"speaker":"Henry Svec","startTime":2943.97,"endTime":2947.42,"body":"or danger or investing you'll"},{"speaker":"Henry Svec","startTime":2947.42,"endTime":2950.93,"body":"get it in the appendix is that"},{"speaker":"Henry Svec","startTime":2947.42,"endTime":2950.93,"body":"you take responsibility I don't"},{"speaker":"Henry Svec","startTime":2950.93,"endTime":2954.53,"body":"like to see people taken"},{"speaker":"Henry Svec","startTime":2950.93,"endTime":2954.53,"body":"advantage of and so when you're"},{"speaker":"Henry Svec","startTime":2954.56,"endTime":2958.97,"body":"asking for financial advice,"},{"speaker":"Henry Svec","startTime":2954.56,"endTime":2958.97,"body":"most people check out a mechanic"},{"speaker":"Henry Svec","startTime":2959.36,"endTime":2961.79,"body":"more than they'll check out the"},{"speaker":"Henry Svec","startTime":2959.36,"endTime":2961.79,"body":"person they're going to give all"},{"speaker":"Henry Svec","startTime":2961.79,"endTime":2965.75,"body":"their money to to invest and I"},{"speaker":"Henry Svec","startTime":2961.79,"endTime":2965.75,"body":"really want people to be"},{"speaker":"Henry Svec","startTime":2965.75,"endTime":2968.3,"body":"responsible say wait a minute,"},{"speaker":"Henry Svec","startTime":2965.75,"endTime":2968.3,"body":"it's like that contractor who"},{"speaker":"Henry Svec","startTime":2968.3,"endTime":2970.7,"body":"says it's gonna cost you 20"},{"speaker":"Henry Svec","startTime":2968.3,"endTime":2970.7,"body":"grand to paint the outside of a"},{"speaker":"Henry Svec","startTime":2970.7,"endTime":2974.51,"body":"house instead of the 12 You got"},{"speaker":"Henry Svec","startTime":2970.7,"endTime":2974.51,"body":"it done for ya. You know what"},{"speaker":"Henry Svec","startTime":2974.51,"endTime":2976.94,"body":"questions are you going to ask"},{"speaker":"Henry Svec","startTime":2974.51,"endTime":2976.94,"body":"are the crypto thing you know"},{"speaker":"Henry Svec","startTime":2976.94,"endTime":2981.32,"body":"this recent fraud issue? When"},{"speaker":"Henry Svec","startTime":2976.94,"endTime":2981.32,"body":"you look at that from the"},{"speaker":"Henry Svec","startTime":2981.32,"endTime":2986.57,"body":"outset, you say to yourself,"},{"speaker":"Henry Svec","startTime":2981.32,"endTime":2986.57,"body":"what was this what do you what"},{"speaker":"Henry Svec","startTime":2986.57,"endTime":2990.08,"body":"are you doing and you think of"},{"speaker":"Henry Svec","startTime":2986.57,"endTime":2990.08,"body":"many people have read about made"},{"speaker":"Henry Svec","startTime":2990.08,"endTime":2993.77,"body":"off and sophisticated people"},{"speaker":"Henry Svec","startTime":2990.08,"endTime":2993.77,"body":"that went down with made off and"},{"speaker":"Henry Svec","startTime":2993.77,"endTime":2997.07,"body":"now with this other investor"},{"speaker":"Henry Svec","startTime":2993.77,"endTime":2997.07,"body":"that not investor this young guy"},{"speaker":"Henry Svec","startTime":2997.07,"endTime":3001.96,"body":"in the Bahamas? Yeah, the crypto"},{"speaker":"Henry Svec","startTime":2997.07,"endTime":3001.96,"body":"guy they didn't do their due"},{"speaker":"Henry Svec","startTime":3001.96,"endTime":3005.35,"body":"diligence. They had no rules."},{"speaker":"Henry Svec","startTime":3001.96,"endTime":3005.35,"body":"They piled in because it felt"},{"speaker":"Henry Svec","startTime":3005.35,"endTime":3008.92,"body":"good or it looked good or it was"},{"speaker":"Henry Svec","startTime":3005.35,"endTime":3008.92,"body":"they got in the emotional thing."},{"speaker":"Henry Svec","startTime":3008.95,"endTime":3010.84,"body":"Oh, that you know, crypto is"},{"speaker":"Henry Svec","startTime":3008.95,"endTime":3010.84,"body":"gonna be worth a million"},{"speaker":"Henry Svec","startTime":3010.84,"endTime":3013.93,"body":"dollars. Bitcoin because there's"},{"speaker":"Henry Svec","startTime":3010.84,"endTime":3013.93,"body":"only so many. What does that"},{"speaker":"Henry Svec","startTime":3013.93,"endTime":3018.34,"body":"really? Really I? What How sure"},{"speaker":"Henry Svec","startTime":3013.93,"endTime":3018.34,"body":"are you to get your money back"},{"speaker":"Henry Svec","startTime":3018.34,"endTime":3022.21,"body":"if you do this deal. And so if"},{"speaker":"Henry Svec","startTime":3018.34,"endTime":3022.21,"body":"we had some of those be lessons,"},{"speaker":"Henry Svec","startTime":3022.54,"endTime":3025.63,"body":"most people would not have"},{"speaker":"Henry Svec","startTime":3022.54,"endTime":3025.63,"body":"thrown away their their life"},{"speaker":"Henry Svec","startTime":3025.72,"endTime":3029.59,"body":"earnings on made off or crypto."},{"speaker":"Henry Svec","startTime":3025.72,"endTime":3029.59,"body":"I mean, there's something too"},{"speaker":"Henry Svec","startTime":3029.68,"endTime":3033.04,"body":"about having rules that you feel"},{"speaker":"Henry Svec","startTime":3029.68,"endTime":3033.04,"body":"comfortable with when it comes"},{"speaker":"Henry Svec","startTime":3033.04,"endTime":3035.47,"body":"to your money. And I think it's"},{"speaker":"Henry Svec","startTime":3033.04,"endTime":3035.47,"body":"our responsibility. We teach"},{"speaker":"Henry Svec","startTime":3035.47,"endTime":3038.98,"body":"children to wash their hands"},{"speaker":"Henry Svec","startTime":3035.47,"endTime":3038.98,"body":"directly now with Norwalk virus"},{"speaker":"Henry Svec","startTime":3038.98,"endTime":3042.25,"body":"and all that we wash your hands"},{"speaker":"Henry Svec","startTime":3038.98,"endTime":3042.25,"body":"after you go to the Yep, we"},{"speaker":"Henry Svec","startTime":3042.25,"endTime":3046.09,"body":"don't teach them financial"},{"speaker":"Henry Svec","startTime":3042.25,"endTime":3046.09,"body":"rules. I don't know why, you"},{"speaker":"Henry Svec","startTime":3046.09,"endTime":3053.05,"body":"know, spend less than you make."},{"speaker":"Henry Svec","startTime":3046.09,"endTime":3053.05,"body":"Credit card debt is a bad thing."},{"speaker":"Henry Svec","startTime":3053.5,"endTime":3057.85,"body":"Yeah, I mean, there's you don't"},{"speaker":"Henry Svec","startTime":3053.5,"endTime":3057.85,"body":"need a PhD to figure out this"},{"speaker":"Henry Svec","startTime":3057.85,"endTime":3060.67,"body":"stuff. But for some reason"},{"speaker":"Henry Svec","startTime":3057.85,"endTime":3060.67,"body":"emotion takes over right, Ethan"},{"speaker":"Henry Svec","startTime":3060.67,"endTime":3063.07,"body":"and then we forget about all"},{"speaker":"Henry Svec","startTime":3060.67,"endTime":3063.07,"body":"that common sense is out the"},{"speaker":"Henry Svec","startTime":3063.07,"endTime":3066.01,"body":"window. Right? I heard Kevin"},{"speaker":"Henry Svec","startTime":3063.07,"endTime":3066.01,"body":"O'Leary the other day. He's he's"},{"speaker":"Henry Svec","startTime":3066.01,"endTime":3068.89,"body":"Canadian. We'd like to"},{"speaker":"Henry Svec","startTime":3066.01,"endTime":3068.89,"body":"permanently have him go to"},{"speaker":"Henry Svec","startTime":3068.89,"endTime":3072.31,"body":"America now, though, because he"},{"speaker":"Henry Svec","startTime":3068.89,"endTime":3072.31,"body":"said he would still invest in"},{"speaker":"Henry Svec","startTime":3072.31,"endTime":3075.04,"body":"the crypto guy even when they"},{"speaker":"Henry Svec","startTime":3072.31,"endTime":3075.04,"body":"were holding them off to jail."},{"speaker":"Ethan Waldman","startTime":3075.24,"endTime":3077.25,"body":"Yeah, like what"},{"speaker":"Ethan Waldman","startTime":3075.24,"endTime":3077.25,"body":"is that?"},{"speaker":"Henry Svec","startTime":3078.87,"endTime":3081.0,"body":"How can you ever"},{"speaker":"Henry Svec","startTime":3078.87,"endTime":3081.0,"body":"trust anything? He says again?"},{"speaker":"Henry Svec","startTime":3081.45,"endTime":3082.8,"body":"Right, right, it"},{"speaker":"Ethan Waldman","startTime":3083.67,"endTime":3086.58,"body":"I try. I don't"},{"speaker":"Ethan Waldman","startTime":3083.67,"endTime":3086.58,"body":"wait too far into that stuff on"},{"speaker":"Ethan Waldman","startTime":3086.58,"endTime":3090.27,"body":"this podcast. But I'm on the"},{"speaker":"Ethan Waldman","startTime":3086.58,"endTime":3090.27,"body":"same page as you in regard to"},{"speaker":"Ethan Waldman","startTime":3090.27,"endTime":3092.16,"body":"all that, you know, the crypto"},{"speaker":"Ethan Waldman","startTime":3090.27,"endTime":3092.16,"body":"stuff"},{"speaker":"Henry Svec","startTime":3093.17,"endTime":3094.85,"body":"you know, and I"},{"speaker":"Henry Svec","startTime":3093.17,"endTime":3094.85,"body":"someone said to me the other"},{"speaker":"Henry Svec","startTime":3094.85,"endTime":3097.79,"body":"day, what actually I remember"},{"speaker":"Henry Svec","startTime":3094.85,"endTime":3097.79,"body":"when I was a lot younger than"},{"speaker":"Henry Svec","startTime":3097.79,"endTime":3100.31,"body":"you a man sat me down said how"},{"speaker":"Henry Svec","startTime":3097.79,"endTime":3100.31,"body":"much money would you like to"},{"speaker":"Henry Svec","startTime":3100.31,"endTime":3102.95,"body":"have some days? It's 30,000."},{"speaker":"Henry Svec","startTime":3100.31,"endTime":3102.95,"body":"year would be about right? I can"},{"speaker":"Henry Svec","startTime":3102.95,"endTime":3106.64,"body":"live on $30,000 a year. He's"},{"speaker":"Henry Svec","startTime":3102.95,"endTime":3106.64,"body":"just no you can't that's stupid."},{"speaker":"Henry Svec","startTime":3106.67,"endTime":3111.14,"body":"And no, I was living on 30,000"},{"speaker":"Henry Svec","startTime":3106.67,"endTime":3111.14,"body":"with three kids. And right now"},{"speaker":"Henry Svec","startTime":3111.14,"endTime":3113.81,"body":"you know what even I live, I can"},{"speaker":"Henry Svec","startTime":3111.14,"endTime":3113.81,"body":"live on $30,000 a year."},{"speaker":"Ethan Waldman","startTime":3114.2,"endTime":3114.62,"body":"Wow."},{"speaker":"Henry Svec","startTime":3114.71,"endTime":3118.49,"body":"I could I do stuff."},{"speaker":"Henry Svec","startTime":3114.71,"endTime":3118.49,"body":"We have a I buy cars that are"},{"speaker":"Henry Svec","startTime":3118.49,"endTime":3123.02,"body":"used. I don't you know, like my"},{"speaker":"Henry Svec","startTime":3118.49,"endTime":3123.02,"body":"Volkswagens cost 18 grand, I buy"},{"speaker":"Henry Svec","startTime":3123.02,"endTime":3126.38,"body":"him two years off the lot. And"},{"speaker":"Henry Svec","startTime":3123.02,"endTime":3126.38,"body":"they last 10 or 15 years? I"},{"speaker":"Henry Svec","startTime":3126.38,"endTime":3129.74,"body":"don't. So I'm a simple guy."},{"speaker":"Henry Svec","startTime":3126.38,"endTime":3129.74,"body":"Look, I don't even have a"},{"speaker":"Henry Svec","startTime":3130.28,"endTime":3134.39,"body":"clothing allowance that I care"},{"speaker":"Henry Svec","startTime":3130.28,"endTime":3134.39,"body":"about. So the point of all that"},{"speaker":"Henry Svec","startTime":3134.39,"endTime":3137.87,"body":"is it's it's it's taking control"},{"speaker":"Henry Svec","startTime":3134.39,"endTime":3137.87,"body":"and it doesn't mean you have to"},{"speaker":"Henry Svec","startTime":3137.87,"endTime":3142.55,"body":"do that. Right. But it or other"},{"speaker":"Henry Svec","startTime":3137.87,"endTime":3142.55,"body":"people it just means Do what"},{"speaker":"Henry Svec","startTime":3142.55,"endTime":3144.74,"body":"makes you feel comfortable. So"},{"speaker":"Henry Svec","startTime":3142.55,"endTime":3144.74,"body":"you live within your means,"},{"speaker":"Henry Svec","startTime":3144.74,"endTime":3146.84,"body":"which is what the BS teaches."},{"speaker":"Henry Svec","startTime":3144.74,"endTime":3146.84,"body":"Nice."},{"speaker":"Ethan Waldman","startTime":3147.5,"endTime":3149.75,"body":"Well, Hank Svec"},{"speaker":"Ethan Waldman","startTime":3147.5,"endTime":3149.75,"body":"thank you so much for being a"},{"speaker":"Ethan Waldman","startTime":3149.75,"endTime":3152.06,"body":"guest on the show. This is a"},{"speaker":"Ethan Waldman","startTime":3149.75,"endTime":3152.06,"body":"really fun conversation. And I"},{"speaker":"Ethan Waldman","startTime":3152.06,"endTime":3155.0,"body":"think I think there's something"},{"speaker":"Ethan Waldman","startTime":3152.06,"endTime":3155.0,"body":"in it for many listeners."},{"speaker":"Henry Svec","startTime":3155.12,"endTime":3156.71,"body":"It was a blast."},{"speaker":"Henry Svec","startTime":3155.12,"endTime":3156.71,"body":"Thanks for having me, Ethan."},{"speaker":"Henry Svec","startTime":3156.71,"endTime":3157.16,"body":"Take care."},{"speaker":"Ethan Waldman","startTime":3158.6,"endTime":3161.78,"body":"Thank you so much"},{"speaker":"Ethan Waldman","startTime":3158.6,"endTime":3161.78,"body":"to Hank Svec for being a guest"},{"speaker":"Ethan Waldman","startTime":3161.78,"endTime":3164.9,"body":"on the show today. You can find"},{"speaker":"Ethan Waldman","startTime":3161.78,"endTime":3164.9,"body":"the show notes including a"},{"speaker":"Ethan Waldman","startTime":3164.9,"endTime":3169.07,"body":"complete transcript and links to"},{"speaker":"Ethan Waldman","startTime":3164.9,"endTime":3169.07,"body":"Hank's podcast at"},{"speaker":"Ethan Waldman","startTime":3169.07,"endTime":3175.73,"body":"thetinyhouse.net/256. Again,"},{"speaker":"Ethan Waldman","startTime":3169.07,"endTime":3175.73,"body":"that's thetinyhouse.net/256."},{"speaker":"Ethan Waldman","startTime":3176.12,"endTime":3180.29,"body":"Thank you so much to PODX Go for"},{"speaker":"Ethan Waldman","startTime":3176.12,"endTime":3180.29,"body":"sponsoring the show today. You"},{"speaker":"Ethan Waldman","startTime":3180.29,"endTime":3183.95,"body":"can find out more about the"},{"speaker":"Ethan Waldman","startTime":3180.29,"endTime":3183.95,"body":"Grande S1 tiny house over at"},{"speaker":"Ethan Waldman","startTime":3184.25,"endTime":3191.09,"body":"podxgo.com. Again, that's"},{"speaker":"Ethan Waldman","startTime":3184.25,"endTime":3191.09,"body":"podxgo.com. Well, that's all for"},{"speaker":"Ethan Waldman","startTime":3191.09,"endTime":3194.15,"body":"this week. I'm your host Ethan"},{"speaker":"Ethan Waldman","startTime":3191.09,"endTime":3194.15,"body":"Waldman, and I'll be back next"},{"speaker":"Ethan Waldman","startTime":3194.15,"endTime":3197.84,"body":"week with another episode of the"},{"speaker":"Ethan Waldman","startTime":3194.15,"endTime":3197.84,"body":"Tiny House Lifestyle Podcast."}]}