Grammys Revelations, Super Bowl Showdowns, and DJ Business Insights

Step into the vibrant world of the Beyond the DJ Booth Podcast, where we unpack the intricacies of music awards, entertainment spectacles, and the DJ business landscape. Do you think a Super Bowl performance and industry dynamics could sway Grammy winner picks? Join us as we celebrate hitting the 5,000 download milestone across 22 episodes, with heartfelt thanks to our dedicated listeners. We unravel the mystery behind "Record of the Year" versus "Song of the Year," sharing our surprise at some of the winners in various categories.

Switching gears, we explore the bold spectacle of Kendrick Lamar's Super Bowl Halftime Show and its polarizing reception. Should future halftime shows aim to captivate the masses or push creative boundaries? We also tackle the complexities of selling a DJ business without tangible assets or recurring contracts, offering insights into sustainable business models that allow owners to step back from active DJing. From the challenges of handling financials when buying such a business to the broader hurdles of the event industry, we wrap up with gratitude for the feedback and engagement from our valued audience.

If you're a true Booth Head (super fan of the pod), join our Patreon for all the extras and one-off goodies. You can get there by going to: patreon.com/BeyondTheDJBoothPodcast

Transcript

Brian B 1:43

what's up everybody? Welcome back to to Beyond the DJ Booth Podcast. I'm Brian B, one of the co-hosts, and this is Joe Bunn. What's up, dude? Did you get that email this morning? About what? Dude? This is a pretty epic situation. We got going on Got this email from our host who hosts our podcast, the Buzzsprout. We hit 5,000 downloads already. Is that good? That's really good, man. I think it's good. Yeah, I mean, we're not even 50 episodes in 5,000 downloads. How many episodes are we in? This is number nine, I believe.

Joe Bunn 2:17

No, no, this is season two though.

Brian B 2:19

Okay, nine and 13, so 22. Yeah, 22 episodes in yeah, yeah 22 episodes in 5 000 yeah that's good. So thank you, to thank y'all for watching and listening and all the things. We appreciate it. We hope this is valuable and we're going to keep pushing this out and hopefully more people catch on because I always get confused, right about downloads versus streams I think it's the same one in the same. Okay, downloads is the new I'm proud of it.

Joe Bunn 2:43

I'm proud of it. Yeah, you know how long it took your last podcast to get to that.

Brian B 2:47

No, I don't. I mean, I can tell you, I'm at about, I think, 50,000 downloads. That took over five or six years. Right, we're going to kill that, we're going to smash that, yeah, buddy. So who's this podcast for?

Joe Bunn 2:59

Let's talk about who it's for, podcast for the new folks is for DJs I would say private event DJs, wedding DJs. It's for DJs birthday party DJs that like to hear a couple of guys chop it up, talk about their experiences, because both of us are still out there grinding on the weekends, just like you guys. It is for people that like to hear about gear technology and like to get their questions answered. By the way, we need more questions, so put them wherever you can, dm them to us. You can put them wherever you want. We'll find them. Youtube comments youtube comments.

Brian B 3:32

That's a good spot if you're watching this on youtube the full version the other thing you should know is that we do batch content because we are busy people.

Joe Bunn 3:39

We do we try and make about four or five at a time. So if we are talking about something that was culturally relevant, it's usually in the past tense or it's already happened.

Brian B 3:49

Great segue, bro. Just had the Grammys pass. We did Thoughts. I mean, we were in Arizona the night it came out.

Joe Bunn 3:55

I was going to say we're getting ready to talk about something that neither of us truly watched, because we were at our conference the DJ Collective Rechargement in Phoenix, arizona, so we missed it Right, I think I have it recorded. Have not watched it, but you've seen clips. I've seen a lot of clips. Social media is a beautiful thing for stuff like this.

Brian B 4:14

Since you haven't totally seen it, I took the five top categories.

Joe Bunn 4:18

Oh, interesting Okay.

Brian B 4:19

And thought we would talk it through. So I love it. Do you know the difference between record and song of the year? I do too. I looked it up today, but I didn't really know before you give us the explanation. Record of the year?

Joe Bunn 4:32

No, I don't remember. I look this up every year? Go on, tell me.

Brian B 4:36

So song of the year something about the writers.

Joe Bunn 4:38

Yeah, okay, go on.

Brian B 4:39

So the easy way for me to think about it is the song of the year is like songwriting Okay, so the production could be minimal, but the lyrical content the way it was like written and is amazing, so they usually goes to the actual writers of the song and less about who's performing that.

Joe Bunn 4:54

Okay, right.

Brian B 4:54

Yeah, whereas record of the year is about the performance, like the production quality and all of those kinds of things. So first, category one of five was record of the year. Yeah, category one of five was record of the year. Yeah, there was a ton of them. Texas hold'em espresso. 360 by charlie xcx, birds of a feather, not like us. Good luck, babe. Fortnight by taylor swift and now malo hohen, the beatles track.

Joe Bunn 5:16

That's insane somebody told me that was an ai song, or something.

Brian B 5:19

Yes, I do remember someone telling me that how can that even be legal? Did you know what took it home out of all those?

Joe Bunn 5:24

I think it was kendrick, wasn't?

Brian B 5:25

it was kendrick, yeah are you surprised by that? I mean, out of all the ones that are performed up there? Um, look, I'm thinking performance I just dude I.

Joe Bunn 5:34

This whole thing has gotten out of hand. I thought this was a diss record and diss records were not grammy nominated when we were kids like right when two rappers went at it. It was just kind of a throwaway song. It may or may not have been on an album. Is it a good song? Sure, it's, kendrick, even better. No, out of those. No, it's not a winner for me.

Brian B 5:53

I thought out of performance wise, it would have had to have been Birds of a Feather or Good Luck Babe. I just think the way that those were performed not talking about lyrical- content.

Joe Bunn 6:02

You say good luck babe, or what.

Brian B 6:03

I mean good luck, babe, the rain is crazy or birds of a feather, it was just so interesting To me.

Joe Bunn 6:08

Yes, those are clearly the winner, but obviously we're not on the Grammy committee.

Brian B 6:12

And do you think we're going to get to this in a minute too? But do you think that had anything to do with the Super Bowl, the fact that he was playing halftime?

Joe Bunn 6:21

at. There's a lot of influence in this nominating category, as we're going to speak about, I'm sure, on this.

Speaker 3 6:26

Okay.

Brian B 6:27

So let's go to the next one. Okay, this is song of the year, so this is more songwriting. There's a slew of people. It's just a lot, but let's just say Just say the song. A bar song yeah, birds of a feather Die with a smile Fortnite. Good, please, please, please, texas Hold'em. So which one of those?

Joe Bunn 6:43

Is this Texas Hold'em?

Brian B 6:44

No, this is Not Like Us. Oh, okay Again. Which that I could see winning this one. I mean the way he framed the lyrical content in there. I know it's a diss record, but I'm just saying like the whole, a minor thing, right, like the way he phrased that in else. It's got like a slew of people. I don't write.

Joe Bunn 7:07

I can see that I'm fine with that.

Brian B 7:09

All right Album of the year. This is crazy. Well, did you listen to the Andre 3000 record? Yeah, it's terrible.

Joe Bunn 7:15

I never heard it, I went and saw the concert.

Brian B 7:19

It's a full record.

Joe Bunn 7:21

They're trying to be artsy, they're trying to be diverse.

Brian B 7:24

So we got Cowboy Carter, beyonce, short and Sweet Sabrina Carpenter.

Joe Bunn 7:32

The Jesse Volume 4 by Jacob Collier. I don't know that artist I got here today and put this record on.

Brian B 7:35

Is it indie? I'm guessing.

Joe Bunn 7:36

It's out there. He's like some sort of multi-instrumentalist composer known for all these crazy harmonies. And then there's like every A-list person is the singer on oh, he's kind of like james blake. Yes, like obscure, but he's out there he's won four grammys for his first four albums.

Brian B 7:57

Wow, first british person ever to do that we got billy eilish's and then chaparone and taylor swift, so cowboy carter taking her away everything about this is not.

Joe Bunn 8:07

This doesn't make any sense to anybody. I'm sorry like there's not one even on the comments. I'm going through them and I'm like is anybody going to stand up for this record?

Brian B 8:15

She was looked surprised the clips I saw when she won. She's like what?

Speaker 3 8:19

I don't think she expected it. She should be.

Joe Bunn 8:22

Listen, man, as a music fan, I gave this album a chance when it came out, missed something, I mean. I literally got in the car the other day and put it on, rode around, did all errands all day and I'm like this is not a good album. And then country record of the year same. Didn't that win that? I think it did. I don't think we're really going to talk about that, but, like dude, there's more pop than country. And then I don't remember who the other people are, but I mean Out of this list, who did you think was gonna win?

Joe Bunn 8:49

I can name five other people that should have won yeah, I'm sorry, man. If you love beyonce, I'm happy for you. Like I'm sorry, man, this ain't it. This is worse than like jethro tull winning heavy metal record of the year against foo fighters. Yeah, whatever that one year, yeah that happened. Jethro tull with the cowbell. This is a travesty man. I'm sorry you don't seem disgusted.

Joe Bunn 9:11

It doesn doesn't surprise me I guess have you really like actually sat down and listened to Cowboy Clark Do it, yeah, do it, and we'll speak about it again in the future.

Brian B 9:20

All right, all right, let's go to the next one. Dog shit. Best new artist Benson Boone. Sabrina Carpenter, is it D the next one? Krungbin. All right, rangbin ray, I'm assuming okay, chaparone, shibuzi, teddy swims any idea who won this one. Uh, I think it was, uh, sabrina chaparone. Okay, this was a tough category, it's super tough.

Joe Bunn 9:41

Everybody on that list kind of killed it this year the female is destroyed it this year. Ray ray is on. Yeah, she's featured on some records, you know the name looks familiar, but I don't know.

Brian B 9:50

I couldn't tell you one track again.

Super Bowl Halftime Show Discussion

Joe Bunn 9:52

Man. What's crazy about these people is, you know, everybody's like best new artist or these people, you know came out of nowhere, but chapel run has been in the game for a while. She was even under her real name for a long time yeah this is sabrina carpenter's either seventh or eighth record so then, how did they get on?

Brian B 10:06

I don't know.

Joe Bunn 10:06

All right, last one sorry about my voice guys. I know I'm clearing my throat a lot on this thing, honest to God What'd? You catch? I don't know, it wasn't the Rona, it wasn't the vid. It's just got to be the end of like a terrible cold. All right, I hear that man.

Brian B 10:20

I thought this was an interesting category, just because this kind of relates to DJs right Best remix.

Joe Bunn 10:25

Yeah.

Brian B 10:25

So do you know these remix? I know.

Joe Bunn 10:28

Kaytranada well.

Brian B 10:29

Do you play that Ghetto version of a bar song Ghetto?

Joe Bunn 10:32

Yeah, I don't. No, I play Scooter's version.

Brian B 10:34

All right. What about this version of Espresso? Have you heard this version?

Joe Bunn 10:37

No, have you. I love Mark Ronson, he's godlike, and then Op Piano.

Brian B 10:41

so it's definitely.

Joe Bunn 10:42

I'm Op Piano. I don't know that song tough, I'm gonna say ghetto one espresso mark ronson okay ron, which that's a great version I've had a lot of people send me this version, that one I mean, I just never have liked that song out of all of those sabrina carpenter ones that's not for me okay, but I do like that version of it.

Brian B 11:02

It's a good version. And dude, that guy's won how many grammys now, geez, he's on a roll. I love mark you really can't go wrong, because he did the barbies thing too right.

Joe Bunn 11:11

He's a great DJ too.

Brian B 11:12

Multi-talented Shout out Mark Ronson. So what did you see at the Grammys? Performance-wise or chatter, if you didn't see the performance, does anything stand out?

Joe Bunn 11:20

You know the controversy was the collection by Beyonce. Everybody was excited for Kendrick. I mean, he won an armful of them. I saw Benson Boone that was epic yeah where they ripped his tux off and he had like a jumpsuit. But, then, he got in trouble for grabbing his nuts or something at the end.

Brian B 11:36

Did he?

Joe Bunn 11:36

Okay, I missed that yeah grabbed his sack right at the end. Wow, and that was, like you know, network TV. Yeah, you can't really, but that stash he had he's always got that stash. Has he.

Brian B 11:48

He came from American Idol. Back then he didn't have the stache, so he's definitely grown into that whole situation.

Joe Bunn 11:54

Yeah, that whole 70s jumpsuit, poor stache mullet.

Brian B 11:58

Alright, so because we're batching content. Then there was the Super Bowl.

Joe Bunn 12:02

Yes, there was, we were together at the Bun Crib.

Brian B 12:04

So if you had to give it a grade A to F, what are we going with?

Joe Bunn 12:10

C plus what goes into the grade Song selection, production, special guests, sound quality. I have a feeling it played terribly in person. It played well on TV. The way it was shot, the lights there were like a lot of lights, almost like on the field. Behind them Red, white and blue outfits, samuel L Jackson, sza, blah, blah, blah. I mean it's got 10,000 deeper meanings, or either people are saying that I feel like you probably would have got more out of it if you were black. You want to speak on that, saquon Do?

Speaker 3 12:43

you want to speak for the entire community or no? I mean, I would have gave it a, b.

Brian B 12:47

That's where I was going with it.

Speaker 3 12:48

I would have given it a, b because I agree it probably didn't transfer as well in person. But I don't think that's what he was trying to do, right, but are there a lot of messages in it.

Joe Bunn 12:58

Or are we reading too deep into it.

Speaker 3 13:00

No, no, no. There's definitely a lot of messages. Okay, it's too long to go into now.

Joe Bunn 13:06

No, I'm not saying I have a problem with that. And then I guess at the end of the day, I'm c plus instead of b, because I don't think, as a music consumer and when I look at all the other artists are out there, other people that we're talking about I don't think the catalog is big enough for the super bowl. It's not a rihanna catalog I don't agree.

Speaker 3 13:23

Sure, catalog he could have did. He could have did a lot of other records. I agree that you probably forgot about listen.

Joe Bunn 13:29

I'm not discounting that the guy has a good catalog. But when I think about all the people that have done the Super Bowl, the catalog is giant and I don't feel like it's giant. It's big, it's good. I like Kendrick. I'm not a Kendrick hater. I don't ride around and listen to Kendrick.

Brian B 13:45

Well, when they announced this pick in September, of last year. I just wrote. I thought this was an interesting pick.

Joe Bunn 13:52

Not good or bad, Not bad right Interesting I just thought it was an interesting selection. And then, of course, everybody was upset because it wasn't Wayne, it was.

Brian B 13:58

New Orleans, but nobody does that.

Joe Bunn 14:00

Nobody does that I mean just because it's in your city, Right?

Brian B 14:07

And they did all the as I was watching it. I give it a, B, a strong.

Joe Bunn 14:10

B.

Brian B 14:11

Then when I went back and watched again, my grade went up. You're A, I'm in the A category, not A plus, but I'll give it an A minus. The chatter that I would hear is that it wasn't entertaining enough or whatever, and I feel like sometimes that overshadows the talent. I'm a purist. I want to hear the vocal. I want to see that artist express their art. However To I want to see like that artist express their art. However, right To me, he did that. He did his thing. He. That's who he is. He's a storyteller. He's going to, he's going for the deeper meaning stuff.

Joe Bunn 14:37

Okay, and it's not going to be for everybody.

Brian B 14:40

I don't think he did.

Joe Bunn 14:42

Oh.

Brian B 14:43

I don't know about that but he he definitely did Check the tape on that one.

Speaker 3 14:50

I mean, he was not short, he was not.

Joe Bunn 14:52

No.

Brian B 14:52

That was crazy.

Joe Bunn 14:54

No, he was ripping it yeah.

Brian B 14:59

When I was watching it, the thought I had was this feels like it's literally a music video that's happening right now. Right, that's what I'm saying. The way it was shot, yeah.

Joe Bunn 15:04

That's what I'm saying.

Speaker 3 15:12

I saw to be like super hype, because I have a feeling it played so much better on TV. I also think people were. They didn't know what to expect, so that's why you didn't see a whole lot of crowd involvement because it's like we don't know what's going to go.

Joe Bunn 15:22

What are we supposed to do? What are?

Speaker 3 15:23

we supposed to do. We're all waiting for that one song. First of all, right right. Second of all, nobody like him has really been at the Super Bowl like that.

Joe Bunn 15:30

really been at the Super Bowl like that. It's like what is he going to do? What's going to happen? Let's just watch. That's why I think the crowd was kind of reserved a little bit.

Brian B 15:39

So two follow-up questions. One do they keep this kind of accent? Don't go as mainstream. Let's put it that way Kendrick is becoming more and more mainstream, but they usually kind of go for the thing that's going for more age ranges, wider demographic. Do you think that's going to go back to that because of this performance, or do you think they just keep trying to push the envelope a little bit?

Joe Bunn 15:58

I think both you have to go back and forth, not necessarily every other year, is this guy's not as you? Know, there's a lot of artists out there, man that could carry it, or even packages of artists. I mean, you could have packaged Sabrina Charlie and Chapel Roan and had a killer. You know thing, People are already screaming about Chris Brown for next year.

Brian B 16:16

I was just going to ask who do? You think is on the who's on the docket for next year? Who do you think? Any predictions?

Speaker 3 16:20

I don't hate the Chris Brown thing. I mean, chris Brown could probably go off, right, I ain't going to lie.

Joe Bunn 16:27

Like he was fine, I don't know. I mean, we were talking about that the other day.

Speaker 3 16:30

He definitely was, I mean everybody. Hold on. Let me say this Go ahead. If Rihanna can forgive him, we can offer you.

Brian B 16:38

True story. Okay. Is that who you'd want? Is that who you think?

Joe Bunn 16:41

Who's left that you haven't?

Brian B 16:42

seen that do. The Super Bowl that you feel like deserves that honor.

Joe Bunn 16:45

Has Coldplay done the Super?

Brian B 16:46

Bowl on them and said that they were one of the worst they've ever seen, if not the worst. I was like, alright, so Coldplay did it yeah.

Speaker 3 16:55

As the Foo.

Joe Bunn 16:55

Fighters. Have they done it? I don't think they have. They would crush. I'm trying to think of people that are. I'd watch Taylor.

Brian B 17:00

Yeah, she don't need it. I think this is more, it's not about needing, but I think it does.

Joe Bunn 17:05

It's just a legacy Pete Did Michael, Michael Jackson. He was at the absolute pinnacle, Michael.

Speaker 3 17:12

Jackson. Michael Jackson can dance Well, we know she can't dance. But that's what I'm saying. She's not like.

Joe Bunn 17:17

It's production, though she plays stadiums. This is stadium shit. This is what she does, bro, Me and you had this conversation in the car the other day. There are so few people, so like a stadium, do you think 80,000. What about pink? Yeah, pink would destroy, but she's going to have to fly. She's got to do the aerial shit, just like you did. She did here. You got to fly around, but she was doing that at baseball stadiums all summer.

Speaker 3 17:40

You got to fly? Yeah, you got to fly If you've flown before you're going to fly again.

Brian B 17:45

So I thought Chapel Roan would be who I think should be the next run by next Super Bowl will be unheard of.

Joe Bunn 17:50

Not yet Wow.

Speaker 3 17:51

Yeah, you heard it here first. I was about to say I don't think she's going to last bro.

Brian B 17:56

She isn't Okay.

Joe Bunn 17:58

I'm sorry. I think her songwriting is interesting though you can clip this up for social. But think about it. I haven't played a ton of shows this year. We played Pink Pony Club the other night. It sort of went off.

Brian B 18:09

Yeah, but that crowd you were saying was not.

Joe Bunn 18:11

It was kind of no they were, they were into it, okay. Remember I was saying it was good other than the last 30 minutes, okay, okay, and then it faltered well, we can move off this I just wanted at least pink pony club talk, the great talk, the grade, all that kind of stuff.

Brian B 18:23

I said it. I do have a travel hack for you. You do, yeah, okay, and it's free to go on. So I don't know if you knew this, but since you are soon to go abroad, yes, I am Right. Where are you going? Iceland and Paris, oui, oui, next week You're going to get a little bit of a baguette, sure?

Speaker 3 18:39

A croissant.

Joe Bunn 18:40

A croissant.

Brian B 18:42

So one of the things that I hate when I go abroad is the currency exchange.

Joe Bunn 18:46

Yeah, like no one.

Brian B 18:47

What's what Right you know, built it into the iPhone. Now, stop it. Yeah, so if you go to your calculator, okay, the bottom here. Okay, click on that. Okay, convert button on the bottom, put that in there. Look, it shows you whatever you want?

Joe Bunn 19:02

No way.

Brian B 19:02

USD to euros. So if I go $6, what are we looking at there?

Joe Bunn 19:04

$5.80.

Brian B 19:05

That quick Great fix. You're going to Japan soon, I think.

Joe Bunn 19:08

Yeah, me and Saquon say we're coming this summer, right, and then a couple other places you're headed, so I think this could come in handy.

Brian B 19:14

Wow, dude, don't need to look it up, don't need internet connection, just open the calculator app?

Joe Bunn 19:19

No app, no, nothing, just the calculator app. Yeah.

Brian B 19:22

So if you ever want to turn, it off you just click convert over and you're done, oops.

Joe Bunn 19:28

Damn son. Genius. Just sharing, Sharing Free, that's a freebie. Freebie for everybody listening to the podcast. Speaking of another freebie. What do we got? There is a freebie. Use DJ Event Planner.

Speaker 3 19:39

Yes, our new sponsor.

Joe Bunn 19:41

There's nothing free, yeah, but it is for whatever. They charge. A month is the best bang for your buck. Yeah, if you need a CRM, which is a customer relationship manager, to keep up with all your leads and all of your bookings, look no further than DJ event planner, event plannercom. Anyway, let's keep it moving.

Brian B 20:02

Let me ask you one more. Do we have a promo code for this? We need to get a promo code so we can track these a little bit better, don't you think? Solid point Our boy, uh, richie.

Joe Bunn 20:10

Stedman Dude. Let me tell you something. Number one, richie Stedman. You know Richie Stedman in person. Do you know this guy?

Brian B 20:15

I do. I've met him many times.

Joe Bunn 20:17

Great dude, number one podcast expert. He literally is who started.

Brian B 20:22

That's where I met him in person, I think is at the podcasting conferences.

Joe Bunn 20:26

I think you did. Yeah, I know him, he, but he does a lot with podcasts. He's who got Allenberg started on his podcast, right, allenberg would never have a podcast without Richie.

Brian B 20:34

Stedman.

Selling a DJ Business

Joe Bunn 20:35

Right. Richie Stedman has helped me and Mike Walter with ours. He's helped me and you with this. He's the one that put us on Buzzsprout for where we host our podcast. Let's give Richie freaking Stedman his flowers and answer his question. Go on.

Brian B 20:49

It's a two-parter he's going in. What would you do to get ready to end or sell your business? Number two what would you want if you're on the other end of the spectrum and a multi-op, if you were going to purchase, and how would you value it? I guess you want to start. The first one is easy. I think. If you're getting ready to end it, you got to have clean books. That's like clean books, clean, clean books, books and returns, tax returns yeah, all of that right.

Brian B 21:12

have it be as functioning without you as possible in other words where you don't have to be the integral part of the business that the person's purchasing that without integral.

Joe Bunn 21:21

You say integral.

Brian B 21:23

Integral is it? Am I wrong? I don't know.

Joe Bunn 21:25

Yeah, I don't know somebody in the comments is probably getting shit on, I suppose one of us.

Brian B 21:29

Yeah, go on um, but I feel like you got to take yourself out of the equation. So it can be something worth selling, because if it was like joe bun, it doesn't have joe bun there. Right, it's still run and right still have the meaning of it right behind it right, that's what I would think, if you were doing just part one of this question, how would you answer this?

Joe Bunn 21:45

man, I think it's a super tough sell period, whether my company name is bun dj company, orate the World Entertainment, you know what Richie's is right Best DJ in Utah.

Brian B 21:55

Which is epic.

Speaker 3 21:57

Maybe his is worth a fortune. It could be.

Joe Bunn 22:00

He's got that URL too, I think.

Brian B 22:01

Yeah, he does Like bestdjinutahcom, he does yeah.

Joe Bunn 22:04

I just think it's tough to sell a multi-op unless you have a building. But then who wants the building Right, wants the building right, right, like? In other words, you have no assets. Everything in that closet right there beside you is worthless now right, even if it's brand new. It's worthless, depreciated the day that I bought it.

Joe Bunn 22:19

The employees are not employees here, they're 1099, they're subcontractors. They have the ability to leave. I'm gonna leave as the owner. Maybe I stick around for a year. Maybe that's worth something. Vehicles are paid for, but it's literally a van, van. You know what I mean. I think it's a very tough sell. I mean I'm not trying to be a negative. Will somebody maybe give you 50 grand for it, for the contracts you have on the books and a few sets of speakers, maybe, but I mean I don't think it's going to be something you can retire and live off this legacy money ever, even with our company that's a seven-figure company, I guess. Number two what would I look for? I mean you probably would have to have, like a warehouse, you know, some sort of real estate to come along with it or a production thing or a huge book of business.

Joe Bunn 23:05

Maybe you have, you know, kind of like those guys up in New York, jeffrey Craig and them, where they've got like the New York Giants are a client, maybe they're even on a retainer or something like you're going to have to have some package that is so unmistakable or so undeniable that I've got to have this Like if I want to keep doing it. But at the end of the day, man, for me I don't think there's a reason to ever sell the business. I'm not going to DJ forever. I'm not going to. I'm not going to DJ forever. I might not DJ past 2026, where I've got shows booked. Right now I'll be 55. Maybe I'll just run the business, maybe I'll just become kind of like an agent.

Joe Bunn 23:41

The goal for me and that's why I push so hard on the people that are single ops is to think about the future. You don't want to play 100 shows a year. You want your people to play 400, 500, 500, a thousand shows a year and you want to be at the beach chilling. That is the move, that's the dream, that is where the money's at. I don't want to play forever. I love it, but I don't. I just know I'm not going to play forever. To me it's not a sellable business, nor do I want to, because it can go on forever.

Brian B 24:15

As long as you keep the pipeline full, keep djs. It can go forever, dude. Yeah, I was just gonna add to this that go on. If I was going to buy a business that was a dj company I would want to see and this is rare to see but if you have anybody that has contracts with long-term, like um reoccurring billing right like the one that you have with the av stuff you're about to do for that one venue right, and you had a contract in place.

Joe Bunn 24:31

It said for the year it's going to be a hundred thousand dollars every month at the toyota dealership right, or some ribbon cutting or new vehicle launch, or whatever, or if I could see a consistent pattern with holiday parties.

Brian B 24:43

Yeah, like every year, these you can pay a game.

Brian B 24:45

Yes, lenovo yeah, whatever cap trust and that doesn't happen very often most people are doing one-offs right, especially in our world of private events, with weddings specifically, so like it would be tough to evaluate that because it could be gone tomorrow. That relationship, you don't know how it was started. It could have been just with the owner, who knows. There's a lot of different things there. There's so much turnover in corporate Right. The other thing I would say too say too, if you were even looking into this, this is coming from somebody who actually had someone buy a business recently.

Brian B 25:15

It's in the event space, not DJ business, but this is with rentals and one of the things that we had to make sure of was that any deposit taken is going into a holding account, because what was happening was the owner who was selling was going to take that money. You still got to pay out all the people and now you got no profits because you basically it's all gone.

Joe Bunn 25:37

So if you're buying that business, have that structured in there of like what happens to the deposit money, because if you don't, it's not yours. By the way, people right, it's the business. That's right. Right, that's right.

Brian B 25:43

So it's important to kind of know how you're going to play that and that it's contractually obligated of like what happens there, cause you could be on the hook for all of it and have no money. They've paid their balances and they take, they wipe out the bank account and all of a sudden you got nothing, nothing just you know you're you're owing, so I gotta be really careful with that stuff I'm trying to be more cognizant in this episode.

Joe Bunn 26:01

Apparently, like last episode or the one before, I kept like you were talking and I kept going. Did you see that?

Brian B 26:07

comment. I did see that.

Joe Bunn 26:08

Yeah, dick um, so anyway, I'm trying not to do that. I hope I haven't been doing that I'm trying to talk over you that was the comment I got yes the critics critics man

Joe Bunn 26:19

damn, we're trying to give good value here and just people would just love the dookie on me and you. Anyway, good episode, bro. That's all I got. That's all I got, hopefully I helped you guys, yeah yeah, thanks, richie and everybody. Thanks for watching. We're just picking on y'all. We love you guys. Thanks for watching. I hope you're learning a little something being entertained every week, and every Wednesday morning you can look for the video version and the podcast come out wherever you stream. Thanks y'all. Later you.