Transcripts For CNBC Options Action 20240712 : vimarsana.com

CNBC Options Action July 12, 2024

America mcgraw and a disaster repair specialist whose profits are proof that honesty pays. Theyre all coming up on blue collar millionaires. On an ordinary street, there sits an ordinary house. And in that house. An ordinary piano. At least it looks ordinary. Because what happens when you play it is anything but. So whats hidden behind this wall . static thats not important right now. Whats important is that the owner of the house doesnt just have a secret door, he builds em for a living. And thats made him a blue collar millionaire. You found me i really am the best in the world at making secret doors. Ohh. Thats pretty good. Thats pretty darn near perfect. My name is steven humble, and im the president of creative home engineering, an Engineering Company that designs and builds secret doors. Just like the ones in the movies, but for real people. We do a wide range of secret door styles. We have secret doors that look like fulllength mirrors, brick walls, walls of stone, rotating fireplaces. Right now were working on one that looks like a phone booth, like get smart. You name it, we have made a secret door that looks like that. We could talk about what the ideal camouflage method is gonna be. Clients get secret doors for a number of reasons. A lot of them want a safe place to store valuables, or a safe place to go in case of a home invasion. If youre using it more for a panic room application, then you just want something thats really, really quick, so you might want just a secret button. There are so many disciplines tied in to making a secret door. You have to be an expert woodworker, and then theres also welding and cutting and structural engineering. You really have to be somewhat of an expert in all of these different fields to make a secret door that is really amazing. Mcgraw even more amazing, steves been dreaming of this career ever since he was a kid. When i was young, i saw the movies, and i saw that there were secret passageways, and i was enthralled by that concept. In college, i studied mechanical engineering, and when i graduated, i went to work for a medical device company. I did that job for just one year, and i sat in my cubicle thinking, i have designed this product that made my boss a ton of money, and i feel like i am just stuck in this cubicle, and my life does not have the kind of excitement that i had planned on it having. And then i thought, surely there must be somebody out there that has seen the same movies that ive seen, and has thought to themselves, i want a secret passageway just like the one i just saw in that movie. Who can make it for me . Thats it thats what we wanna see. I can do that. Im a mechanical engineer. I have that skill set. And so, thats when the idea was born. It was slow at first. There were occasional calls. I was, you know, working out of my bedroom, essentially, so. I would i would get calls from people, and they would ask for little projects, and little by little, we grew to the point where the garage wasnt big enough, and i had to go rent a space. My portfolio got bigger, my word of mouth increased, and, uh, here we are. Mcgraw and whats behind steves enormous success . His incredible attention to detail. Well, that and the fact that there arent a whole lot of other secret door makers out there. But mostly, its his attention to detail. In my world, a gap of a sixteenth of an inch is bad. My clients, because of the work that they do, theyve received Death Threats or whatever. And so, theres a chance that somebodys life could depend on my secret door being perfect. And so i have to deliver that. We make between 50 and 75 secret doors per year, on average. And they range in price from 2,500 on the low end, to 100,000 for the most expensive secret doors we make. And since the first year that i did this, the companys been growing steadily. Last year, we did. And we try to make about 20 percent on every project that we do. To date, we have built between 500 and 600 secret passageways that are spaced all throughout the world. Now that the company is really successful, its a lot more fun. Its fun to be able to still make Amazing Products for clients, but also, to have some success doin it. Mcgraw some success . Please. Steve is the best in the biz, and thanks to his accomplishments, he finally has a secret door of his very own. Of course i have a secret door in my house. Mcgraw okay, now you can see whats behind the door. My secret door leads to what i like to call my Zombie Apocalypse room. Which is just a place where i store my guns and ammunition, and some food and water, in case. Stuff goes sideways. Mcgraw uhhhm. Okay. But, if steve decides to flee the zombies instead, at least he can get away in style. As a mechanical engineer, i cannot help but be somewhat of a car guy. I really appreciate the engineering that goes into a sweet car, and i usually buy myself a new sweet car every year. I currently have the latest corvette. 460 horse power, crazy acceleration, zero to 60 in 3. 9, and it looks hot, too. Mcgraw and while steve gets plenty of joy from his sports cars, his true passion is steering his business. Money really isnt the driving force in this business for me. Im driven by making the best product that i can make. Its that satisfaction, the pride that i take when i look at a secret door once its been installed in somebodys house. It is amazing. Thats what drives me, and i make sure that i achieve it on every project. All right, guys. Steel for the next door is here. Mcgraw coming up, when it comes to Artificial Grass in arizona, this guy truly is the top gun. This is what its like to be a blue collar millionaire, yeehoo car vending machines and buying a car 100 online. Vented now weve created a brand new way for you to sell your car. Whether its a year old or a few years old, we want to buy your car. So go to carvana and enter your license plate, answer a few questions, and our technowizardry calculates your cars value and gives you a real offer in seconds. When youre ready, well come to you, pay you on the spot, and pick up your car. Thats it. So ditch the old way of selling your car, and say hello to the new way at carvana. Hes one wild dude. He spends his free time trainin with army rangers and navy seals. He tools around in a kickass custom ride. He entertains the ladies in his milliondollar desert hideaway. And he doesnt just fire guns from helicopters, he makes the guns that he then fires from helicopters. How does he fund this fantasy of a life . He installs. Lawns . Sweet, man. Mcgraw yep, and not even real ones. Lets get rockin, well shovel this out, man. Lets get cranking. Mcgraw meet charlie ferer. Its not a cush job. Youre pounding water and not even pissing, all day. Perfect. Yeah, yeah. Im charlier ferer. Im living the american dream, layin all this green i own paradise greens and turf company. We are an Artificial Grass company. Three we do huge jobs to small jobs. Go sweetness. Lawns, putting greens, sport fields. Pretty much you name it with grass, well do it. Mcgraw and what makes charlies turf a musthave for homeowners . Our biggest selling point is zero, i mean, literally zero maintenance. People are like, do i have to water it . And were like, thats the whole point, you dont have to water your grass. Mcgraw and while the maintenance is hassle free, the installation. Definitely isnt. Its an arduous installations process, especially during the summers out here, when its 110 degrees, and youre workin from 6 00 am until 5 00 pm outside, its brutal. Mcgraw but it wasnt just hard work that helped charlie succeed. In my family, nothing came for free, so if you wanted it, we had to work for it. At 12 years of age, i started delivering newspapers. Thats when i started becoming an entrepreneur and not even realizing it. So i graduated asu and got into a consulting job. And i was making 180,000 a year, but i had zero life. Mcgraw so charlie started to wonder if the grass might be greener doin somethin different. One of my friends had an Artificial Grass company, and i was extremely intrigued by it because, i thought thats a nobrainer for arizona. And i have always loved bein outside. So i quit the corporate world, and straight up said, hey, im interested in starting my own company, and as a mentor, he actually was the one that helped me start my business. Hey, this is charlie. I was the marketing person, i was doing all the books. I had to. Do all the sales, do all the free estimates, and then id also be doing the installs. Mcgraw but it wasnt just hard work that helped charlie succeed. He took a risk by using pricier materials than his competitors. A risk that would really pay off. All of our products are made in the good old u. S. Of a. Our products in particular are proven for the southwest environment. We dont deal with any other countries that put fillers in, and last half of our lifetime. I mean, we had. Big competitors of of ours that were around longer than us, that folded because they went to a cheaper product and had warranty issues and and they had to close shop. So by staying with a topquality product, even though we werent makin as much, thats what put us where we are today because of that. Mcgraw charlie sells the best fake grass money can buy. And while it took a little while for his business to ramp up, today, hes makin some real green. The first two years for paradise greens, i invested over 160,000, and we reinvested all of the money that we had coming in, so we didnt make anything. Last year we brought in 2 million in gross revenue. There we go. And we average about 10 percent growth a year. Mcgraw those impressive numbers have given charlie the ammo to pursue his real passion turning regular joes into Jason Bournestyle killing machines. Seriously. Ive been extremely successful and fortunate and blessed with paradise greens, and we came up with another company, armageddon tactical solutions. We train regular civilians on close quarters combat, to designated defensive marksman, precision rifles. Pretty much the full gamut. And help those people get ramped up and be appropriately trained to handle weapon platforms, so were able to take a regular civilian, and take him to that level of becoming a badass. What i wanna get you guys since we had great sales on the chassis. Would be to do some more cadex chassis. Because of the success of armageddon tactical solutions, we are out actually now making guns as well. This is one of our weapon platforms that we offer. This is actually at scottsdale gun club. You could order this today for 24,000. We did not get into manufacturing or making guns for the money. With the training that we do, we actually had a need for precision rifles, and the people that we train, we gave them weapons to use, and they actually loved em. And weve had Great Success manufacturing our own weapons now. You name it, we will build it. Mcgraw and with two successful businesses, youd think charlie would really be livin it up. And you would be right. I am truly blessed to be living in this house in one of the nicest neighborhoods in paradise valley. Its definitely an entertainers dream. It goes from a bar to a living room area, sonos equipment, theater, beautiful pool with a jacuzzi, lawn area. I couldnt ask for more. Mcgraw and when charlie gets tired of kicking back at his awesome house, he can always tear it up in his kickass truck. This is what its like to be a blue collar millionaire, yeehoo everything that i have possessionswise, it pretty much deals with my adrenaline kick. I am not gonna drive a regular truck, im gonna drive a baja truck thats balls out and i could go anywhere i want. If it doesnt scare me, im not gonna wanna drive it. laughing im definitely proud of myself. Was i expecting to be where i am today . Absolutely not. Thanks for everybody being here. Im blessed to have you guys as great friends. But at the same time, i made it happen. That is what makes me rich in my eyes. Thanks for lettin me do all your yards as well. laughter adding to the success of paradise greens. Love you guys. All cheers love you guys, too. woman laughs mcgraw coming up, find out how one property restorer has done great by focusing on doing good. Theres not a single catastrophic event that we cant handle, or we wouldnt respond to in a time of need. Beautiful. But when i started cobra kai, the lack of control over my business made me a little intense. But now i practice a different philosophy. Quickbooks helps me get paid, manage cash flow, and run payroll. And now im back on top. With koala kai. Hey more mercy. Save over 30 hours a month with intuit quickbooks. The easy way to a happier business. So youre a small bor a big one. You were thriving, but then. Oh. Ah. Okay. Plan, pivot. How do you bounce back . You dont, you bounce forward, with serious and reliable internet. Powered by the largest gig Speed Network in america. But is it secure . Sure its secure. And even if the power goes down, your connection doesnt. So how do i do this . You dont do this. We do this, together. Bounce forward, with comcast business. A raging torrent. A roofsnapping gust of wind. The damage can be unspeakable. But, if god forbid, you find yourself in the path of disaster, you need this man by your side. Because he knows a thing or two about picking up the pieces of a shattered life. And now, hes helpin others do the same. We gotta get on these losses quickly. Mcgraw meet brian whiteway. I dont just restore peoples homes, i restore their lives. Looks like we had a substantial amount of water. Yes. Exactly. Okay. All right. My name is brian whiteway, and im the president and ceo of dallaswhite corporation. Grab a meter so we can check these walls out, cause this is soaked. Dallaswhite is a Construction Company that specializes in Property Restoration for people in catastrophic situations. What caused the leak, the toilet . The toilet. In the master bath . Yes. Okay. Biggest difference between us and a general Construction Company is that we know how to deal with disasters. Whether its water, fire or floods, and we operate around the clock, anywhere, anytime, nighttime, holidays, weekends. Our technicians have a certain skill set in mitigation of water intrusion, smoke, fire, odors, biohazard cleanup. Often we get calls for floods. They could be something small as a toilet leak, they could be catastrophic as a Sprinkler System going off in a large commercial building. Whatever the call is, we have certified technicians on call, 247. Mcgraw and when youre working 247, youre earning 247. Last year, dallaswhite pulled in. And with a net margin of 30 percent, brian brought home a cool three mil. Brian, theres a hailstorm in san antonio. The insurance companys on line three. Thank you. Dallaswhite is one of the top Property Restoration companies in the country. Theres not a single catastrophic event that we cant handle or we wouldnt respond to in a time of need. I can meet you in san antonio tomorrow. Mcgraw and stepping up in a time of need is nothing new for brian. Hes been dealing with disaster his whole life. A week before i graduated from high school, there was a tragic accident where my father drowned. It was absolutely devastating. It knocked the wind outta my sails. I had two young sisters. Theyd looked up to me, and, at that point in time, i i i grew up quickly. And thats where i really got serious and focused about being an entrepreneur, knowing that i might have to take care of my sisters through college. I started my First Company when i was 20. Was actually a Home Remodeling business. Over a period of 20 years, i built the company up to be a very successful business, and i had a very comfortable, comfortable lifestyle. Mcgraw what started out as a way to put his sisters through college was finally giving brian a taste of the good life. But, in yet another blow, it wouldnt last. The economy crashed, and and. Lost it all. Lost millions. That left me literally countin pennies out of a jar. It was an incredibly humbling experience. Mcgraw beaten down and dead broke, brian once again found himself tryin to rebuild. Shortly after i lost everything, i was introduced to an individual who had a thriving Restoration Company and asked me to come on board as a consultant. This guy was not a very ethical individual, from doin minimal work, to removing things that are not damaged, to try to escalate their billing, to stealing personal items, it was horrific. Youre dealing with people that their lives are already a disaster. I said to myself, i will never do this to a customer, and theres gotta be a better way to do it. Mcgraw so, brian started his own company. One rooted in the kind of integrity that quickly set him apart. Honesty is everything. Client retention is so important in our industry. Insurance companies refer a tremendous amount of work to us because they know that our estimates are accurate. We always deliver highquality work, and were gonna take care of their clients. Mcgraw and its that dedication to his clients thats fueled brians rapid rise to success. I started with a laptop, a pickup truck, and an office manager. We had revenues of 27,000. Today, my company has successfully grown to. 100 to 200 rotating employees, a fleet of. A tremendous amount of equipment. And now our revenue is. Mcgraw and doin all that good has allowed brian to do somethin a little bad. Live it up in sin city. Well take the bentley tonight. All right. Lets do it. Im a bachelor, and theres no better place to be than in las vegas. There is not a single night that something is not happening or hopping. Theres nothin better than rolling down the strip on a beautiful saturday night in one of my gorgeous cars from my phantom drophead to my supercharged. To my fourdoor sedan. To the amg. Mcgraw and when hes not hittin the town, hes hittin the fairway. At one of las vegas premier county clubs. Im a member of southern highlands, amazing, private, exclusive course, in a gated community, and its a just a piece of paradise. And if you wanted to get a membership there, youre lookin to spend at least. Mcgraw sure, fancy cars and country clubs are nice, but nice stuff isnt what drives brian to succeed. This big rain came and so the the the ceiling almost came down. Wanna take a look at, uh, the roof damage . Yes. In this business, you never know what type of situation youre walkin into. But, the bottom line is, is that when i go in there and i meet with people, its my passion, my integrity, my name thats on that. And to be able to cross that finish line with them is just incredibly rewarding to me, and is is why i do what i do every single day. Better than new. Youre the man. both laughing thank you very much, thank you. All right. Mcgraw coming up, while others value profits, they value this, and its made them millions. Find out what it is ne

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