Transcript

NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 109

From The Money Mondays Podcast · Episode page · Watch on YouTube

· 1 h 8 min · 13,025 words · 74 timestamped sections

This is the full, timestamped transcript of "NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 109", an episode of The Money Mondays Podcast published February 24, 2025 (1 h 8 min, about 13,025 words). It mentions 11 people, works and ideas, including Larry English, Repeat MD, Phil Sitter, NFL, San Diego Chargers.

What this episode is about

Larry English, a former NFL player drafted by the San Diego Chargers, transitioned from his football career to become a successful real estate investor and CEO of RepeatMD. After realizing the potential for appreciation in real estate, he began flipping high-value properties during his NFL offseasons, ultimately earning more from his investments than his football salary.

Key takeaways

  • Pro athletes face a steep learning curve in finance; few pivot successfully into real estate investment.
  • Investing wisely can turn fleeting sports earnings into lasting wealth; the NFL's turnover rate is staggering.
  • The contrast is clear: entrepreneurs can rebound from bankruptcy; athletes rarely get a second shot at glory.
  • Timing is everything; missed opportunities in real estate haunt many athletes, while others cash in big.
  • Passion fuels transformation: athletes like Larry English redefine their careers, becoming founders and mentors post-retirement.

Who speaks in this episode?

What is discussed, and when

  1. – 10:00: San Diego Chargers, Larry English, NFL, Ty Lopez
  2. – 40:00: Repeat MD, Larry English, Phil Sitter, Proverbs
  3. – 50:00: Repeat MD, Care Credit
  4. – 1:00:00: Repeat MD, Amazon
  5. – 1:08:13: Repeat MD, Phil Sitter, Lamborghini Urus

Notable quotes from "NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 109"

  • 2009 I was drafted by the San Diego Chargers 16 pick overall I come into the first money I had ever seen I looked at properties that I wanted to presumably invest in and rehab and what.
    about Larry English · at
  • Special edition of the money Mondays podcast we are here inside of an RV motor home parked in front of Ty Lopez's 100 bazillion dollar mansion here in Beverly o California and…
    about Ty Lopez · at
  • To start off with a very hard-hitting question yes sir there's a famous statistic that within 5 years of leaving the league in the NFL over 80% of athletes sadly go bankrupt why do you think that is.
    about NFL · at
  • Of Proverbs I think it was something that Solomon said where he more or less said a good man leaveth an inheritance to his children's children and so I really like took that to heart I feel as though that is an area of supreme.
    about Proverbs · at
  • Everything yeah thank you Dan so yeah I'm Phil sitter I'm the founder and CEO repeat MD has been around for almost three years we're top 200 apps in the world we've generated…
    about Repeat MD · at
  • Anymore I when I think about the treatment I pull up the app I buy it and that's it and if I want financing I don't want to have to ask for a credit application like hey this…
    about Care Credit · at
  • Like this I would say most people can't do multiple companies to a stage that they've built the umbrella you see like a company like Amazon Bezos well he started with one…
    about Amazon · at
  • I'll add something that real quick wait till April of 2025 because we're giving out we're giving out a away a Lamborghini Urus to anyone that refers repeat MD whoa whether it whe so whether it be a patient yeah or a practice you'll be.
    about Lamborghini Urus · at

Who and what is mentioned in this episode?

People

  • Larry English — Person · Main guest · 3 mentions · first at
    Primary interview subject discussing his NFL-to-real-estate transition, cash-flow investing mindset, and philanthropy/legacy goals.
  • Phil Sitter — Person · Main guest (second interview segment) · 4 mentions · first at
    Founder/CEO interviewed about building RepeatMD, fundraising, hiring mistakes, partnerships, and a referral program.
    Straight to the money awesome tell us everything yeah thank you Dan so yeah I'm Phil sitter I'm the founder and CEO repeat MD has been around for almost three years we're top…
  • Ty Lopez — Person · Referenced person / location anchor · 1 mention · first at
    Mentioned as the owner of the Beverly Hills mansion where the RV podcast setup is parked, establishing the setting and social context.

Books & papers

  • Proverbs — Book · Referenced work · 1 mention · first at
    Cited in the discussion about leaving an inheritance for future generations.

Companies & orgs

  • Repeat MD — Company · Business focus · 21 mentions · first at
    Primary company discussed, providing software solutions for medical aesthetics and wellness industry.
  • San Diego Chargers — Company · Referenced organization · 2 mentions · first at
    Mentioned as the team where Larry English was drafted.
    2009 I was drafted by the San Diego Chargers 16 pick overall I come into the first money I had ever seen I looked at properties that I wanted to presumably invest in and rehab and what.
  • Amazon — Company · Referenced organization · 1 mention · first at
    Mentioned in the context of business scaling and acquisitions.

Products & tech

  • Care Credit — Product · Referenced product · 1 mention · first at
    Mentioned as a traditional financing option contrasted with Repeat MD's solution.

Concepts & topics

  • NFL — Concept · Key argument · 1 mention · first at
    Discussed in the context of financial challenges faced by athletes post-retirement.

Places & events

  • Northern Illinois — Place · Background · 1 mention · first at
    Mentioned as the university Larry English attended.
    You know think for with me for instance so I went to a mid- major college right I went to Northern Illinois is not USC right of course and what tends to happen right what we've…

Sponsors

  • Lamborghini Urus — Product · Promotional item · 1 mention · first at
    Mentioned as a giveaway item in Repeat MD's referral program.

Full transcript with timestamps

2009 I was drafted by the San Diego Chargers 16 pick overall I come into the first money I had ever seen I looked at properties that I wanted to presumably invest in and rehab and what have you um but didn't invest didn't buy anything fast forward two years I saw what some of those deals and some of those properties had appreciated to I was like wow that's what everybody was trying to tell me but I'm not missing out on the opportunity this time and so 2013 was when I began to invest in property and flip seven figure uh homes I mean I'm playing football and then my offseason I'm doing deals there were a few years towards the end of my career where I was earning more in the real estate space than wow on the field forget about cash and forget about having money in the bank I want cash flow ladies and gentlemen welcome to a special edition of the money Mondays podcast we are here inside of an RV

motor home parked in front of Ty Lopez's 100 bazillion dollar mansion here in Beverly o California and what I've decided to do today is while we have an event going on inside we pulled the RV motor home outside right here by the fountain and I've got back to back to backtack podcast and our very first one is a friend of mine for many many years he's played on the field in sports in the NFL and played in the business field investing in real estate and doing developments there so we're going to talk about all things business real estate had a transition from athletes to become a business person because I'm so excited that he did that and I want more athletes to do that so I'm G to ask him some serious questions about that so without further Ado give a quick two-minute bio Mr Larry English and then we'll get straight to the money oh man Dan thank you so much for having me um it's an honor to be here you know

legendary money Mondays so this is a moment for sure um yeah look I'm uh grateful to be in this spot uh two-minute bio guys uh 2009 I was drafted by the San Diego Chargers 16th pick overall life changing moment especially uh coming from rather you know modest modest uh background um you know middle class Midwest Blue Collar uh family middle class family and uh I just had big aspirations um so I I I learned at a very very young age at 23 years old that you know big things are possible I played a seven-year career in the NFL and uh I began developing property in my office Seasons around 2013 2014 um I was always up in La I was training here in my offseason so I began buying property I wanted to get more active in my investment um of the capital that I was earning on the field so I had a uh 8ye 8 Nye journey in the property development and investment industry um so I really transition from

professional athletes entrepreneur and just really became super super passionate about The Entrepreneur Space and just the archetype really of a Founder um it is something that I think is roughly just embedded in me at the core and uh now I'm at this place in my life where I'm really focused on you know serving other founders with the value that I I have in in in the health optimization uh Arena um in the Peak Performance Arena cuz that's really my bread and butter to be quite honest um it's been something that I've been focused around optimizing for the last probably 25 close to 30 years of my life and um I feel like this is something that is very uh critical for high level Founders and ENT entrepreneurs so it's a passion project that I get to spend my time working on every day so I'm going to start off with a very hard-hitting question yes sir there's a famous statistic that within 5 years of leaving

the league in the NFL over 80% of athletes sadly go bankrupt why do you think that is um so I think there's there's a there's a couple reasons um I think that when you take a uh professional sport per se you take a professional sport um I think maybe like the entertainment industry actors things of this nature you move those to one side of the line if you will 99% of everyone else that makes it to millionaire status multi-millionaire status even billionaire status they do it in the realm in the arena of business in some form of fashion whether it's as an employee or whether it's as a founder and entrepreneur building something that um they have explicit control over themselves but long story shorts it is a very iterative process and especially when you look at a business for instance you won't be able to build and scale a successful business that doesn't implode without at some point throughout that

Journey figuring out at a very deep level how to manage Capital um income expenses the finance realm is a critical part of any business um that's I think is marketing right and so to be a professional athlete it's not that case at all um so you couple that with someone that's very young and add on top of that the time frame for which they have to create those earnings such a short window right as business as a business person we can play this game into our 80s 90s I mean look look at buff it right um so I would probably make the argument that just as many entrepreneurs and business people have gone broke as well right for sure but what's what's the one key difference right yeah they can go right back up to the plate and simply do the same thing they did before where athlete can't go back on the field the entrepreneur can shake it off go fil through bankruptcy cry for a few years and get back into the field NFL player

doesn't get to call back the chiefs of the charge and be like hey I'm 39 can I come back like you don't get to go back I think grank did that but grank did that hey I was just kidding about that retire I'm come back for a couple more years and I'm going leave again on y so the the reason for the question guys is there's a couple key things that would happen someone goes from being a college kid where there was no nil which means they didn't get to make millions and millions of dollars the way that college kids now do when we grew up I had Ricky Williams and household named guys that were living out of 40 bucks yeah like a week like they were eating we were eating burritos and cutting in half like like they Daryl Russell from the Raiders he was living with me and he would literally joke about they would all pitch in like five bucks each to get Jack in the Box cuz they weren't allowed to have a job you literally weren't

allowed to have a job while going through college yeah and so nowadays a lot of college kids are balling making crazy money the reason I asked the question is imagine you're 21 you get signed to the Chargers you play there for seven years now you're 28 and it's time to retire time to move on to business the problem is most of the guys keep the same overhead mhm mhm so they were making 4 million a year in the league but and they were spending 80 grand a month and they don't realize 80 grand a month that's a real fast cuz they're covering their friend their ex-girlfriend their ex-wife their parents their Uncle their cousin their cousin's cousins friend that they loan 50 Grand like boom boom boom and they keep up the overhead and no more income mhm and then they're like wait a minute I've got four cars two houses like three children there's all these things that are going on with the overhead side but

they didn't fix the fact that they don't have the income coming in and they're not deploying the C and they're surrounded by people that are asking for 50 Grand here 100 Grand here can I just get 5 grand a month oh yeah it's only 5 grand a month well no that 60 Grand a year for the next five years is 300 Grand but you only made 4 million in the league you just paid 8% to your cousin thing is too is once you once you start especially like with family members right once you start down that Cascade of events as it relates to kind of taking over the uh the economic needs of others then it gets very uh dicey and hard to at some point just cut him off and kick him to the street especially like when it's someone that you uh care about and love you know what I mean um so so that's that's that's the thing to also remember is like when you take on these commitments these commitments often times tend tend to be a perpetuity

commitment that you just made right right whereas you put a perpetuity commitment against a finite income source um fi a finite you know time Horizon on generating those Millions right uh it gets it gets a little dicey so I think there's so many variables at play I think that you bringing up nil that's the beauty of nil right that's one of the reasons why I just think it's so incredible not only do the players deserve to participate in all the value they're creating but they also now have this opportunity of kind of taking those lumps on the chin before they actually get to the real generational money if you will um having said that I think there would have been some really tough decisions had I had to play college ball in a world whereas you know think for with me for instance so I went to a mid- major college right I went to Northern Illinois northern Illinois is not USC right of course um

and what tends to happen right what we what we've been seeing a lot with you know the nil and this porter portal if you will is when you have the kid that was chi on his shoulder maybe not not not not quite the you know top tier recruit mid-tier recruit but just develops into a very nice player at a mid major program and does that very early in his career call it his second third year playing he's a sophomore junior what's happening is SC you know LSU the big Power five Juggernaut schools are going to the guys at these mid majors and throwing half a mill here's a mill right that would have been a tough decision for me to make had I had to make that at that time and I would have never known like what was actually in my cars uh the the fact that I would materialize as the first ever first round draft pick to come out of my University right and and when you look at a potential or like an alternate re

Universe where I had to get where I had to transfer middle of my career and go to SC UCLA maybe not be like the the debut top tier star maybe that ends up being you know still making it to the league but second third round and a fraction of the contract size out the gate right so I think that while it is amazing there's also all these other variables that make it a really complex situation for teenagers now to to to to deal with you know what I mean 18 19 20 years old so so we covered Three core topics here how to make money how to invest money to give away to charity on the investing side how did you decide that you want to invest into the real estate game when you left the league um I think that it was it was something that I understood um and actually you know it's funny you ask that now that I'm really like thinking back to that whole like story arc in my emotions that were going on in this

period of time right so we all know most of us know that are old enough uh having intimate uh awareness around what the world was like in 2008 2009 you know what I mean like the middle of the global financial crisis right and so being a Collegiate Athlete on scholarship in 2008 when all of that uh occurred I'm in my senior season heading into you know I'm starting to look at my draft stock and all this stuff so it's you know the writing on the wall is that I'm going to to the league so everything sunshine and rose pedals in my eyes so I wasn't kind of fully in touch with what was going on from an economic standpoint despite the fact that you know my mother ended up she was one of those folks that was ended up uh laid off um right after I got drafted ironically but um so that was like the the context for which I come into the first money I had ever seen and I remember at that time it was oh do we

buy property do we buy a house and so I remember I'm looking all over San Diego for a home that I didn't quite find one I liked um but I bought my mother house and uh about a year or two later 2010 2011 I'm spending a lot of offseason time in Los Angeles and so I'm looking at the housing prices in La which for me coming from the greater Chicago area looked very expensive look like some you know High sticker prices on homes right well by so I I I looked at houses um I looked at properties that I wanted to presumably invest in and rehab and what have you um but didn't invest didn't buy anything and then fast forward two years I saw what some of those deals and some of those properties had appreciated to I was like wow that's what everybody was trying to tell me but I couldn't see it right yeah so I said to myself you know what I'm I'm I'm I'm jumping off the stoop I'm not missing out on the

opportunity this time and so 2013 was when I began to invest in property and to rehab um and flip you know seven figure uh homes um so that was how I organically landed into the real estate industry right and once you do a couple of those and see success I started to feel like oh I could do this I'm I'm I'm pretty smart I mean I'm playing football and then I'm my offseason I'm doing deals that it got to the point where I had earned there were a few years towards the end of my career where I was earning more in the real estate space than wow on the field at the time because my you know I was my there were miles on my legs and so my career as a player was starting to to to Sunset and so you know I was like this is going to be the what the what the second chapter looks like for me and so that's how it started and it just grew from there you know so look at this camera real quick yes sir and talk to that 21-year-old

football player that just got $8 million contract they're coming out of college in Chicago what would you tell them to not go waste their money on three watches and three cars and a bunch of crazy night clubs and bottle service here here here's what I I would say I I would love to to talk to that you know to the 21y old cat that's getting drafted that has a signning bonus and a guaranteed contract day one um please understand how what you have in front of you is not a guaranteed career it is uh an opportunity it's a moment in time now it's a blessing nonetheless but it's an opportunity with which you don't necessarily know when that window is going to close and so what you need to do is you need to make some very important Investments the first investment that you make is a it's a Time investment it's a time and a passion and a commitment type investment where you invest all of what you are

exactly where you at in that career in that moment in that opportunity to become and materialize and manifest as hot the highest version of yourself as an athlete as a player that's number one because that is the opportunity that God has blessed you with in that moment and then following that there's going to be another very very super critical investment that you need to make you need to take that cash and you need to invest that cash into your mind because investing into yourself there is no crypto it's a better return than Bitcoin and investing in Bitcoin in 2013 14 or whatever like I had the opportunity to do and didn't do Jay Rich tried to tell me and I just couldn't see it but anyway there's no there's no investment that is more accretive and has more of an exponential return than an investment in yourself so what are you doing in in your offseasons take that opportunity to really invest in you

from information perspective in the brand of you you know what I mean because that is one thing that will never be taken away from you I don't I didn't quite understand that they um I remember when I was a young player they always talk about you have this opportunity to build a brand right and I didn't quite grasp at that time what that meant but you know you know hindsight now being for being 2020 it is the one investment that will no with beyond a shadow of a doubt it will create a positive return now it's just a matter of when but it's something that no one can ever take away from you to the extent you don't tarnish your reputation right that is the those are the most in the the most increative and the best uh Investments that you can make and the other thing that I would say is um be cautious to to the situations you get yourself into watch where you sign your name on dotted lines and just understand that

you need to control your own destiny there were many times in many instances like I had a couple very like uh um you know fork in the world type moments in my investment career where I had incredible deal on paper um large deals and incredible team seemingly um but it matters like your Equity stake and your control Provisions within a deal because sometimes you never know what you know improper decisions could from from folks outside s that might have more Equity or more voting rights in a deal could steer you into right so these are the things that you need to think about when you start to think about like actually investing in deals whether it be whether it be private Equity real estate venture deals all of those things just know that when to the extent you're not in full control of a deal if you sign as a limited investor into something just understand that whoever you know is controlling that you're giving them the

keys to to your destiny so make sure you make a the right choice with that you know if you are an athlete an influencer a music artist a real estate agent someone getting big commission or a big check or big signing bonus I implore you I please please please please please don't go buy three cars you're going to get numb after the first car I'm not saying don't go buy one car or buy one watch but when you buy your second third fourth watch you'll become numb to it you buy that Mercedes-Benz and that Porsche and that Lamborghini I promise you after two weeks you're going to be numb to that Lamborghini it's just going to collect dust inside your it's funny you say that like you know I uh I remember like my emotions in in in in that year of my life and it was like I look back on it now and I was very much into like buying status and attempting to buy like taste do you know what I'm saying and a perfect example of

that is like instead of buying one watch I took on this like identity that it seemed cool at the time like oh I collect watch watches yeah right people do say this right and I guess it's fine to agree but to a certain extent you know like when you just are touching the first money you've ever seen it's kind of corny to get into that whole game like let the money like season a little bit get used to it figure out what your real tastes are before you just say oh I'm a wine collector and I'm watch collector and all this stuff because it sounds tasteful you know what I mean stylish and then you look up and you see you just signed a 20 30 40 50 even1 million contract but for me for instance I started to like look around and like this dude's worth nine figures next to me in multiple nine figures this dude's a billionaire and every time I see him he got the same watch on I've had the same watch for years and and and I'm a

watch collector with this slew of watches thinking it's cool to like wear different watches all the time right like something ain't adding up and when I noticed that I'm like man I'm selling all this stuff I sold all the watches I'm like having one watch like you know what I'm saying like so to fall victim yeah 16 years 17 years now Jason Beverly Hills dunamis if you're listening yeah that is the dunamis I remember those Jason aim I had a I set up at retail store with the football player that passed away with darl Russell we built that store in Downtown San Diego and I had a display case for this watch company for damis and when I got that watch I've literally since 2008 never even considered another watch yeah why it's amazing that's hey I don't think everyone is is has that level of wisdom ingrained in themselves and like uh I I I uh I really do uh applaud young cats when I see that because there are some that have this

level of kind of like calm amidst all of this no right that don't kind of they're in the environment but not of it right player next to their locker got a big huge chain on yeah like where's your chain I don't need a chain like let me give a real life example guys so let's say you wanted to go buy this Lamborghini right you're a football player influencer athlete sales rep making a b commission something happened where you got a bunch of money you going spending a quarter million dollars on that car imagine this you go buy real estate Like Larry did you're getting a 5 to one so on a quar million means you can go buy a $1.2 million house cuz you're only putting around 20% down that $1.2 million house could start making you four grand a month for the rest of your life yeah so you wanted to go buy a watch or a Lamborghini imagine if you're getting 50 Grand a year forever yeah not counting appreciation not counting the

tax benefits all the other things but just literally netting four grand a month for so many years because you made that decision and then later in life when you start to have your fourth house and your Eighth House and your a fourplex and apartment building and your cash sling six figures a year okay you can make different types of decisions because you're set forever the problem I see is someone makes their makes 150 Grand commission from doing some deal and then they spend all of it and then they think they're going to go make that again over and over it doesn't happen that way yeah and what you just said right there the reason why I didn't say any of that because before you go and make those moves you need to invest into your mind and you need to understand what you're doing before you go and invest in property right and a perfect example is like one of the things that um one of the things that I noticed in

uh like after the fact is as an athlete you get used to the whole work for five years for big massive contract that's an immediate shot in the arm with is like tens of millions or hundreds of millions of dollars these days now and so you get used to that kind of like explosive you know uh injections of capital or economic gain in your professional life and I think that Dynamic can kind of prompt one to overlook the actual cash flow right minded benefit of having the actual long-term consistency and predictability in actual cash flow forget about cash and forget about having money in the bank I want cash flow that is Perpetual that I know that I got it into a secure investment that's kind of safe to a degree and then it pays me income every month and it doesn't stop whereas you get the big pop and you know the big contract but and then you spend into that that can that can dwindle very quickly right over time

um even if it's not quickly it can dwindle at some point in the future whereas if you only focus on you know putting out the cash flow cash flow comes in and that's the only thing I spend then that can go out into perpetuity right well I think that going into the investment space you have to be especially as an athlete right you have to be very wary to shake off this mindset of I need to go do this deal that's going to make me 10 million in two years or 20 million in five years or whatever it is no take the base hit that's going to produce cash I'll deploy however much money it is right everybody's at different scales of this right but how much is that going to pay me like once I put the money in what do I get paid next month right and then what does that look like on a five-year time span what do those cash flows look like that is the type of investment you really want to do and that you really

want to make whereas I remember when I went into it early I was looking for like how do I do a deal that makes me $10 million a few years right where that's kind of the wrong that's kind of the wrong mindset when you are talking about long-term time Horizons which the way that science and health is trended now you just want to make sure that we you know don't want to run out of money of course you know before you run out of life right and so that's really the name of the game so I agree with you part of my investment speech I do a speech called 40 4020 and at some of the rooms what I do is I actually scare everyone in the room with this I asked the room said raise your hand if a child who here has a child they raise their hands and say well when we grew up our parents typically passed away between 73 and 75 years old 75 for women a lot of people here your parents are going to pass away around 83 to 85 years old because of

modern medicine everyone that just rais your hand with children your kid is probably live to over a hundred years old because when we grew up there was 64 ooun Slurpees in Jack the Box very true have you heard the word slur super siiz friiz and all of that have you heard slurpie have anybody said the worst in a decade well when we grew up that was everywhere now people go and get smoothies and you know they're taking shots they're doing mental health and Ice plunges and cold baths and saunas if someone did a cold bath when we were kids that we would thought they were a psychopath right and then post do that I do and now it's it's cool people people pay 60 bucks to jump into bucket of ice because they want longevity and Heth I say that because with modern technology and a lot of major medicines and a lot of the huge diseases are getting eradicated well the children are likely to live to over 100 years old why does

that scare people cuz then I say well what if your kid wants to retire at 65 to 75 years old before they only needed like 5 to 10 years of money you know if you want to go down the RAB hole it's hard for people to talk about but you really only needed like five or 10 years of money cuz you were likely to pass away what if you retire at 75 and you die at 103 yeah you need three decades of money what if you just want to get by on 50 Grand a year times 30 we need 1.5 to milon not counting inflation not counting medical expenses not counting other family members or anything else just to get by you need 1.5 million the average American has 5,500 bucks saved up M right now yeah so when you just think about why I'm so passionate and why this podcast exists is we have to have blunt discussions you have to learn about investing you have to deploy Capital into real estate you have to set yourself up for your children just to

actually survive cuz if they live to 103 years old you don't want them working at 96 yeah years old old at a grocery store it's just not realistic they're not going to do that and so they have to learn about investing and you have to talk about it now all right last topic yes sir you've been a big supporter of Charities you've been a lot of my charity events why do you think it's important for families for households to have some type of Charity component with their families and kids um I think that here here's the way that I look at um giving right is there's you get just as if not more being The Giver as you do the receiver right so that's that's number one when we think about the spirit of giving and you think about longevity and fulfillment and things such as like as you said mental health there is some very like beautiful uh degree of fulfillment knowing that you were able to positive positively

impact another whether that was financially with your time with your information and wisdom and being able to bestow that upon somebody else that is maybe a little bit further behind you in their journey and so I just kind of look at it as we need to have we would be well advised to have those that we as an example mentee we have those that we're on a Level Playing Field with that we exchange like incredible ideas and give to one another in that way and then we have those that we Mentor right um that are maybe you know behind us on that Spectrum or that curve of growth and personal development and it's the same thing as it relates to resources right so I know that there was so many people in in and throughout my journey that were responsible for me progressing to becoming the man that I was able to become in my adulthood and so that was always where my passion lied as it relates to to this Spirit of giving if

you will um I actually had a uh a mentorship uh philanthropy that I ran for all of my career down in San Diego mentoring other you know young student athletes and the uh lower socioeconomic uh communities of San Diego and I really just received so much uh fulfillment in being able to see kids that went all the way through our program from like 8th grade to graduating high school to where they started to graduating high school and like getting scholarships and frankly just doing a complete 180 as it relates to how they dealt with people how they approach their work in school and how they dealt with themselves out in the world and so to see some of the successes that we had a part in facilitating back at that time I think it really even more deeply embedded um the spirit of importance around around giving and so that will be a pillar that's uh very critical within our household and my my 2-year-old beautiful

baby India she'll she'll definitely grow up with that culture for sure so it leads me to my last question that I ask every single guest and I've never ever gotten the same answer okay so you go you build your health and wellness company you build real estate development and later on in life hopefully it's 100 years from now it's finally time for Larry to pass away but you've accumulated $100 million for example what percentage do you leave to your children yeah um you know it's it's uh it's it's actually uh it's funny that you ask that question because I don't necessarily know the percentage that I'm leaving to my children I just saw a number that I'm leaving to my children that's 168 million yes I like it the higher power spoke to me and told me that that was what I was leaving to them and um the that was like I don't know it was a couple years ago a year or two ago that I uh that that kind of like Revelation

came to me and I even have that I sna the picture in my because it was in my calculator I must have like did some math somehow and that's where the number like came from and so I snapped it and saved it and um there was a a verse that I had read in the Bible and forgive me that I forget I think it's in the Book of Proverbs I think it was something that Solomon said um where he more or less said a good man leaveth an inheritance to his children's children and so I really like took that to heart I feel as though that is an area of supreme importance um to be productive in our lives and to provide options and resources that for those that come after us so when I looked at that $168 Million number uh more recently there was a part of me that said my my my aspiration and my vision is that that is a lower percentage that I give to them um than what I pass on to others others amidst amidst the world

wherever wherever those those folks or those causes or those Charities may be but 168 should should be a solid start for them so all right guys uh check out Larry English on social media watch his journey especially as he's building in the health and wellness field make sure to have discussions with your friends family and followers about money we all grew up thinking it's rude to talk about money I think that's ridiculous we have to have discussions about salaries and loans and taxes and interest and credit scores and all the things that are real life because we have overhead we have bills to pay and we need to have these blunt discussions so check us out on the money mondays.com we do a zoom call every Monday at 4:00 I do live Q&A you can register there at the money mondays.com visit us for elevator funding elevator mortgage all things going on in the money Mondays World um all those websites are available to you guys

because we want you to have access to Capital and access information because that is the way we fix our country from the inside out appreciate you guys check out Larry English across social media and we'll see you guys next Monday ladies and gentlemen welcome to the money Mondays we are here inside of an RV motor home parked at black site Ranch on the right of us is wild jungle there's over 200 animals there is camels and zebras and donkeys and ostriches and everything you can imagine over there but what's happening today is day three of what's called operation black site and luckily Our Guest flew in to experience operation black sight where he could learn how to shoot how to fight and how to escape over this three-day session but since we're here I figured well we've been friends for years why don't we do a quick interview he's raised $54 million in funding to scale his company called repeat MD we're going

to ask him all things about fundraising investing scaling hiring and all the things that go along with building a business that big and what are his next steps and journey and vision for repeat MD as you guys know we cover Three core topics how to make money how to invest money how to give it away to charity so we're going to intermix those type of questions over the next 34 to 38 minutes we keep these podcast to under 40 minutes for your listening pleasure because the average workout is 45 minutes the average commute to work is 45 minutes so this episode will be under 40 minutes for you to be able to easily consume share with your friends family and followers now before we get into this I'm going to have Mr Phil sitter give a quick two-minute bio so we get straight to the money awesome tell us everything yeah thank you Dan so yeah I'm Phil sitter I'm the founder and CEO repeat MD uh repeat MD has been around

for almost three years we're top 200 apps in the world we've generated over $2 billion in revenue for our clients and uh before starting repeat MD I actually moved with my dad in the late ' 90s when I was very young from Vienna Austria so I had very much the Immigrant life right started working at a very young age and uh got into restaurants I'm a fifth generation restaurant tour so that means generation after generation uh opened up restaurants so I know a lot about that I opened up restaurants I did that for 10 years and I scaled that to 12200 employees multi-unit multi-concept and then from there wanted to create software for restaurants and then from there to because of covid right I ended up pivoting my soft software company from restaurants and I found the Aesthetics and wellness space so repeat MD serves Med Spas plastic surgeons dermatologists etc etc in all 50 states and we're about

to launch into Canada very cool so before we get into the number of2 billion doll in Revenue you were talking about over there let's talk about the beginning how did you start repeat MD and why so I started repeat MD as a pivot for my first software company um so I'm not an engineer by trade I uh had what was called a Stein Club in my jour restaurants so this was a club where you paid $200 for the year you got a Stein you got beer you got events and eventually that scale to the point that my Excel spreadsheet wasn't cutting it and so I have all these people in my list and so it was a nightmare and so I always just had this whole like membership Concept in my mind that there should be memberships within restaurants and this was like in 2012 2013 and so as that scaled I said okay well now that we're franchising we're franchising our restaurants I need to find out like a virtual Stein club and I

so I built software at that point I hired an agency to build software that would track members and then I went to all the alcohol commissions and tried to get approval for a free alcohol club which was very hard to do and so that took like a year and I got 1 17 states to approve it had to do all these sorts of things like ID verification and then like a reduction of over consumption a lot of technical stuff finally launched that as I was franchising then a buddy of mine who owns 16 Mexican restaurants in Houston was like Hey what if you did that for my restaurant and so an idea was born where I was like oh well maybe this might be the better path versus owning a lot of restaurants never being home you know I had my daughter at that time she was just born and I was like man I'm going to miss all the holidays all everything because of the restaurant industry and so I decided to take a chance and say you know what what

if I started selling this so part-time I was running my Restaurant Group the other part-time I was selling restaurants my software when that hit a Tipping Point that was interesting a couple hundred clients I decided to sell all my restaurants sell all my real estate and keep in mind I was doing that at 12 for 12 years at that point so I sold everything uh my dad retired who was my partner in the restaurants and my wife was a partner in my other restaurant sold everything funded my own software company and said send it let's let's go let's go do it so we had about 500 restaurant groups use it within our first year uh so that I thought that was the path and it was going uh pretty well then Co happened all of a sudden no restaurants could pay me and so you know all the QR code menus like let scan the QR codes I was running $50,000 a month on Google ads to do free free QR code menus for restaurants got

it okay so I was like acquiring a lot of restaurants every month but for a free QR code thing where we would like you know design it send it ship it I thought of that as a way of like hey maybe when this all recovers they were ready a client maybe I could get them to buy the software so anyways I I found it like as like a disproportional acquisition opportunity turns out that covid was going to last longer than I was anticipating and I was losing you know a lot of money every month probably like a 100 Grand a month all in and I needed to find other places to sell the software to and so you know we were doing country clubs I pitched like a school board on creating rewards programs for attendance because that has like a big effect on uh like their funding you know because it has effect on test Etc long story short I pitched everyone the ability to create a mobile app for rewards for their uh for their

business of any business auto mechanics pretty much anything lo and behold I landed on a med or ENT opening up a med spa and uh he was interested so uh my co-founder in VP of sales at that time he was like hey this might be interesting and so we did it he got a six figure return in 90 days I went out in the woods took some magic mushrooms decided to Pivot my entire company uh with my friends true story came up with the repeat MD URL went on GoDaddy bought the domain and then you know I had a bunch of customers I said we're going to Pivot completely out of restaurants close us down we're moving to repeat MD and uh that's how repeat I'm D got started okay so now you're live it's working and I like to use this example a lot by the way guys what you just heard was when I see an original business plan it's really rare that that business that I invest into is going to be the same one one year from now two years from now

three years from now four years from now things change even when things are going good things change there's an evolution as you're building and scaling company and you're hearing it here with the repeat MD story that even now things are going to change along the way because you learn you bring in new data you get Partnerships you raise more Capital you get smart people around you what if we did this what if we had this feature what if we had this Bell and whistle think about Instagram when we all first start Instagram what could you do there a photo that was it then they all of a sudden get bought for a billion dollars in less than a year they had like 11 employees which sounded crazy right sounds insane yeah a billion dollars for a photo app there was over 200 photo apps at the time by the way so why this one well now they do over a billion dollars Revenue every 14 days yeah just to be clear and that number is going to

get FAS and bigger as we you know and so it went from photo app to then oh my God you can do a 15-second video clip oh my God you can do a 60-second video clip oh my God you can do a three-minute video clip wait you can do igtv wait igtv didn't work let's remove that you can do reals you can do Instagram stories now you can do DMS we all just think of it like oh yeah they always did videos no they didn't yeah it's an evolution over time as you bring in More Money More Capital smart people around you and you're getting advice from people that are above you along side of you and your customers along the way right they're telling you they want longer videos okay they're telling you they want other options okay they're telling you they want to show a short form quick stories okay like they're just learning and along the way they tried to buy Snapchat as soon as Evans Spiegel said no guess what

Instagram stories became the biggest the biggest thing in all social media history we get more requests at elevator studio for Instagram stories than any platform itself even though it's just like a subsection of a platform and so the point of this is the story you you've heard about to get to repeat MD now we're gonna go along the way once repeat MD started day one and you started to get your first few hundred salons and spas on board and medical spas Etc tell us how that evolved along the way yeah I mean I think the big lesson here is like you just got to try things and as long as you have a good team that that's committed to you can pretty much figure out anything um and so we had like nine employees that transferred over from our existing company into repeat MD and we just went all the way in um a mentor of mine his name was Jay Abraham and he told me when going to Market with your product find out who

already has your customer and just partner with them and so we built a great product and then we found out who has our customer and we just partnered with them and so at that point it was the medical manufacturers the device companies that were selling couple hundred, Capital pieces of equipment to doctors that they wanted to get in cash pay and so all we said to ourselves like can our product help them close more deals and can our you know the salespeople from the company and can our product help the doctor or the physician buying the device help sell more treatments and building a mobile app that rewards patients retains them introduces them and educates them to all the different services and now has financing etc etc all baked in does all of that right doctor buys a device concerned like how am I going to bring this up to my patient you get a mobile Rewards app like Starbucks rewards but

buil but built for the medical industry scan get money you know get $50 towards any treatment be able to buy the treatment Finance the treatment it really closed that ecosystem so that's how we launched you know I didn't raise any Venture Capital till we hit 6 million of recurring Revenue so the company was like a $50 million valuation type of company by then um because I was just very detailed on let's find partners that we help solve their problem let's acquire their customers cuz they've already paid for their customers and then let's build off of that and so that's how we started okay so someone out there listening and they want to either work with repeat MD or recommend it to one of their friends who they recommend it to who is the ideal client to use repeat MD yeah so with with repeat MD our clients are Med Spas plastic surgeons dermatologists Wellness clinics Etc so any practice that has cash pay services

and treatment so as a patient the way you would experience repeat MDS you go into the practice and they have a Rewards app like Starbucks rewards but for the Medical Aesthetics and wellness industry you'll scan it you'll get $100 towards a treatment or free treatment IV whatever and then from there they'll have their own app and they you can buy a treatment a service you can learn about services and treatments you can send referrals Etc it's about taking some of the world's best loyalty technology and applying it to small businesses and today the repeat MD app has over two two million users and uh top 200 apps in the world so the way we did that is by acquiring some of the most talented Engineers from the consumer app in e-commerce space and basically the way think about small businesses and B2B software is like fractional ownership I think of Phil that was running a restaurant like it would be amazing if I

had access to these people to build my app but I could never afford that so companies like repeat MD come out and they're like hey we have the capital we have the people we'll build something special and you pay us monthly and so um our customers are practices but our what we say is our practices are the partners and our real customers the patient because it's a patient experience that we're after so on the make money side how does someone that has a spa salon Med Spa Etc how do they make more money by having repeat MD so we call the concept at repeat MD Med Commerce which is applying e-commerce to the cash pay Medical Aesthetics and wellness industry so a patient has the ability to buy a service now at 9:00 p.m. at night versus uh just being limited to 9:00 to 500 p.m. right right so think about everything is e-commerce now why would the medical industry not be right tella health is e-commerce already but if I wanted a

treatment I would have to drive to the practice and then go get the treatment and that does doesn't make any sense anymore I when I think about the treatment I pull up the app I buy it and that's it and if I want financing I don't want to have to ask for a credit application like hey this $4,000 treatment that I'm getting ready for a wedding uh do you have financing sure here's a care credit application it's like a it's nobody wants that rather pull it up on the app wedding ready package buy affirm Finance done here you go practice gets paid the next day so it's applying e-commerce to the medical industry in which we coin the term Med Commerce got it that's super cool all right so we talked a bit about the make money side and general story to get to where we are let's talk about investing why is it important to invest into people for your company as you're scaling well that's actually a timely

question so we after after bootstrapping which is you know bootstrapping is where you as a Founder run the company without raising any outside Capital so we bootstrap to six million of annual recurring revenue from there I took my first seed money right and we raised like $6 million from there I made a massive mistake so I got $6 million and I decided hey let me hire professional managers right Professional Management so I started hiring based off of resumés right and based off people that I would think would work out and then I made a job and you get a job everyone everyone got a job yeah and then from there and we scaled from like 20 employees to 100 in about six months oh my God yeah so we scaled really fast um and we were taking a lot of customers in product wasn't necessarily ready for that and the the management system what I did I made another critical mistake so first thing is don't hire people just because of

fancy rums like one one founder told me this and I'll never forget it he's like Phil when you're interviewing people did they succeed because of or in spite of right with the company's success so did the company succeed because of or in spite of said employee right so there's many people out there that worked with meow worked with Google worked with Shopify Etc but that doesn't mean that they were at all responsible for Shopify success they could have actually been a huge cancer in the organization and they just happened to be there for six months a year or two years right so what I did is I hired a bunch of professional managers the issue with that professional management was I didn't have an operating system so every Department was ran the way they wanted to run it versus what's the repeat MD way so now you have like nine departments all running differently and creating silos so I had to after that

was created I had to take a big step back and like totally uh you know do a turnaround in my own organization even though we were very successful on the Outside Inside the culture was no longer what I wanted it to be and so long story short it took about a year to really get back into what the repeat andd operating system is no silos no politics no just everyone feeling like a startup again and at 100 employees or more like you still are a startup but boy like anytime you get after 20 employees your culture whatever you built whatever you think you built can totally go away if you don't have an operating system so long story short that's like if you are a startup founder before you start hiring professional managers you need a very strong take on what your operating system is what your culture is and who you hire who you fire because of those systems so the next part about investing I want to ask you

about outside investing in people is buying companies or acquiring companies to fast forward your scale why is it useful to as you're building a business to potentially acquire competitors or companies that are smaller than you or midsize that you can acquire to help speed up the process of your growth yeah Acquisitions are really interesting because there's three ways to think about it when you're looking at a competitor or looking at a potential partner can I buy them can I partner can I buy them can I partner with them or can I um acquire them wait no can I buy them can I acquire them or can I build what they have buy build or partner right buy build partner is the framework and so when we think about Acquisitions we say okay buy what does that look like which a lot of a lot of times you see companies being bought but it's just really a stock exchange right it's like everything is fictitious company's worth

500 million they acquired a company for 50 million all they did is give them 10% of the $500 million valuation very little cash is ever being exchanged in these circles right it's just like all based off you know what MCC and Wolf of Wall Street it's a fugazi fugatti it's fairy dust it's a lot a lot of companies are bought because of fairy dust right so um so that's one way to do it and that's how most Acquisitions are done today the other one is you can partner or you can build my my preferred path is partner and use us as a distribution Channel and then if that becomes really exciting then you can acquire them but I almost never would think about buying a company first I would always want to partner first see who they are see their culture see are do they have the ability to fulfill their promises and then from there we can buy them and so I always think about partner before buy all right

so investing in people investing in acquiring companies what about on the personal side when you know like okay I've got enough Capital coming in maybe I can go outside of my core company outside of reinvesting in the business I don't have to brstp anymore when does someone like Phil start investing into real estate or businesses or private Equity or even just the stock market and CDs and other things outside of your core business so before I started repeat MD I had 14 different companies and during those company not like Dan Dan's got 200 different companies or 300 what is the number how many companies are you involved with who knows he's lost count that's a lot of companies and so but what happened to me that was interesting was I wasn't hyper successful in any company not not to the level that I am today and what I realized when I and you know I made a conscious choice I made a conscious

choice that I'm going to sell everything and just focus on one company which I call umbrella wealth if you think of an umbrella you see the stick and it goes like this I would say most people can't do multiple companies to a stage that they've built the umbrella you see like a company like Amazon Bezos well he started with one company and he built that company very big and then he started acquiring other company zapo now he does blue origin all the other different companies that he has AWS Etc and so what I would say to most young Founders or most young people is focus in on a single thing get really successful on it make enough money and then Branch out and so for me our company's worth multiple nine figures but I this is the only thing that I actively do today because I want to get this company to a multi-figure company multi-billion dollar company before I start taking active interest in anything

else so I'll passively invest in things stocks crypto ETFs some of the deals that uh that you have Etc but nothing actively I have no time for active Investments right now but everything passive but before I had anything this large I had 14 active Investments and none of them were hyper successful because my was divided by 14 and so now I'm a really big believer that if you're in your 20s you should get very skilled or go to one company start your own company whatever it is and do that to the point that you can Branch out all right let's talk about the philanthropy side why do you think it's important for companies whether it's for their culture their employees or their brand outside to involve charity into their world so as you've said many times people buy from people that they know like or trust right and there's greater way to show that you know who you are as a person than by giving back and so giving back

is interesting because when you're a Founder especially in the early days you know like the bootstrapping days you don't think of like how do I give back because you feel as though that you can't even take care of yourself and so one way that I would suggest to people to think about giving back is adding a disproportionate amount of value back to their clients and start with that there's the personal philanthropy side but I know many business owners are like very much stuck in that mindset of like I don't have enough we'll start with people that are in your inner circle right when I we had for example when we had our restaurants I created a very tiny foundation called The Sitter foundation and we were not we didn't have enough money just to give away but what we did is we had an Avenue for people that were went through life circumstances that were uncontrollable in Houston a lot of hurricanes and we

would donate to that and we would have our vendors donate to that so when someone came in and said hey can you sponsor this for $11,000 or $2,000 we had a foundation that could do that and so it wasn't even our money we just took some money that we were getting in already you know and you know partnering with people to make that foundation so even if you're a very small business there's ways to make charity or um charitable contributions Etc real for you but I think the most important thing is that in today's world of transparency people really want to trust the person before doing business and person that's actively doing that you know giving the charity seems fairly trustworthy Absol on a personal level what types of Charities what how do you know when something can impact you the way I talk about it is often times it's usually like okay someone in your family had breast cancer so that's what you support

someone grew up homeless in your area someone got Alzheimer's or dementia typically that's how you find something and you will donate more money time and energy to things you care about right like donating to Red Cross and donating to house old name Charities you're just sending a check or a credit card deposit and you're just kind of checking a box versus my mom had this my Grandma had that my friend from school had this this happened in our in our community maybe it's not a family member maybe it's someone in your circle when when you find something it's not just about the money you could literally donate your time like the toy drive I rarely raise money I didn't even start raising money until a couple years ago because the first eight years I just wanted people to volunteer or throw their own toy drives this last one we got 200,000 toys we finally like all right guys let's rally the troops and let's hey repeat MD

will you donate hey my friend will you donate like then we actually started hitting the phones because of the scale but for eight years was just us on the floor wrapping toys when you find something that you care about whether it's again in your community or in your life it's not just money what we're talking about you can donate your time can donate your energy that could be social media power that could be your hands showing up showing up to a children's hospital showing up to senior citizen home and just spending your time or it could be you rallying the troops getting the people in your unities or getting people on your social social websites to help donate and help get spread awareness for something that you care about in your personal world is there anything that has made you feel like you know what I I really like this or this is the type of Charity that I want to impact yeah I'm a I'm a father

so anything that has to do with kids like of course you have a six-year-old daughter so you know I've really I'm really been in touch with my empathy and my simpathy and I'm sure you having your daughter now it just changes your perspective dramatically so that's been something that's been like very relevant to me because as you know now you can't imagine the world and the pain of the world you have a beautiful healthy daughter I have a beautiful healthy daughter you can't imagine a world where that would be untrue and how you would feel especially if you didn't have the resources to to uh to take care of your daughter so yeah that that one especially now being a young father is like very important to me so the question I ask at the end of every episode has never had the same answer once and I again I have feeling it's not going to be the same answer here so many many many many years from now when it's

time for Phil sitter to finally pass away and you have the six-year-old daughter and now let's say she's x amount age doesn't matter what her age is but you've built repeat MD to become A1 billion company sold the company to Jeff basos actually he's the one that acquires it for12 billion you have let's say half the company you cash out6 billion dollars invested in real estate and accumulate all this wealth what percentage of your net worth do you leave to that little daughter oh that's a great question uh so I already have like a acorn account for her the way that I think about it is I will be her seed investor in as many businesses that she has that she has already had traction on so she has to bootstrap whatever she wants to do one there's traction I will be her first angel investor and that's it I love it see it was not the same answer that's so cool all right guys when you're listening to episodes like

this I'm actually going to ask another question but when you're listening to episodes like this I want you to see the different styles of the guests that we have some of them are building up companies some of them are working for companies and some of them are Paving a path forward in entire industry like what Phil's doing he's creating a Marketplace he's creating an industry for a subset category which is Spas salons medical spas Etc and that's going to expand over the course of time as they continue to you know go from 54 million funding potentially more later to keep adding more and more scale more and more employees more and more smart people and data from all of their customers clients Etc going from $2 billion and created Revenue to 5 billion and 10 billion Etc when you're listening pick and choose it might not just be for you the money Mondays is designed for you to have discussions with your

friends family and followers and so this might come up this weekend at dinner it might come up a year from now with your friend that works at a salon or a spa you're like wait a minute I remember this episode and you share it with them so they can learn for or potentially work with repeat MD and then boom but this not sponsored just to be clear this is a friend of mine so sounds like a whole commercial for this right now but the point of it is it's a very useful company I like the butterfly effect if all of a sudden thousands of salon owners and Med Spot here this episode and they get shared by their friends and they start making an extra 200 bucks a month 8 Grand a month 1,200 bucks a month and all of a sudden they do that for years and years and years we've created millions of dollars of Commerce for people just from this 40 minutes here right and so I want you as you listen to episodes like this think about

who could I share this with who could I forward this to or who could I recommend repeat MD to or who could I remend hey go follow Phil sitter on social media because it's important for you this the butterfly effect all day every day my life has been about building up connections and relationships I'm group chatting people all the time I do it with Phil all the time hey meet this person to help you with this thing hey meet this person you could invest in this thing hey meet this person maybe you guys could work on this thing the butterfly fact that is crazy I do that hundreds of times in a week this may be part of your life in the future when you start to think about I do know some salon owners I could recommend this too or you're hearing a different episode like I do know someone that could use this type of accounting or banking or product or investment strategy Etc we grew up thinking it's rude to

talk about money I think it's insane not to talk about it we need to create more comments for our friends we need to refer our friends clients your friends are personal trainer send her some clients your friends an accountant and they're good at their job not to do it to people that are good by the way I'm not just saying we're refer just cuz they're a friend someone's a good accountant refer them some clients when you know someone is good at something and it's a very easy text message why don't you think about referring some clients if they're actually good at what they do you create business for them someone gets the vendor that they're looking for they need a personal trainer or they need a banker they need an accountant they need a doctor whatever and you become the middle person of that thing and it just creates more more more more Goodwill in our society and more revenue and more money moving around all

right one more bonus question what is the future of rep MD you go out there you built this company you've got created $2 billion in revenue and growing for all these different spas and salons what is the next chapter what do you see the vision of the company really answers that question which is our our vision for the organization is for every person on the planet to have access to their own Wellness journey and what that means to me is you shouldn't live in a world where you're wondering well what should I do next whether you're interested in anesthetic treatment or Wellness treatment or you're like me and listen to all the podcast the hubans of the world the peteras of the world and you're taking your Apple notes right you're like okay well maybe I'll try this and become you know your own scientific experiment right like there should be an aggregator of saying hey Phil this is what you're interested in

this is what you could do this is how all this works together and here's a provider that can get this done for you and so I just believe in a world that everyone should have access to that and that should be free anyone you know my daughter is six by the time she's 18 she's going to want to enhance her beauty or her um or the way she feels at some point my dad's in his 70s and he definitely wants to enhance how he feels right and so between the ages of 18 and 80 we live in a world where we're looking to optimize ourselves we're looking to take care of ourselves we're looking to have many you know years of life but also life in our years and so I want to be the platform and I want repeat MD to be the platform that provides that to the world very cool where can people find you and your company on social media so on social media we're repeat MD and I'm Phil sitter all right guys this is one of

those episodes again where it may be very useful for someone that you know you go to a certain salon you go to a certain Spa you go to a certain doctor you could repeat you could refer repeat MD to that person and you don't know the butterfly effect of what you've now done they're making more money they're being more efficient everything about their business becomes better simply because you said Hey listen to this podcast or check this company out on social media check out the website that 7sec discussion might literally make your doctor your salon your spa a lot more money and be more efficient I'll add something that real quick wait till April of 2025 because we're giving out we're giving out a away a Lamborghini Urus to anyone that refers repeat MD whoa whether it whe so whether it be a patient yeah or a practice uh you'll be able to go to our website and refer someone who should have access to repeat

MD because for a patient we want them to get access to rewards to financing to memberships Etc and for practices you know we increase topl line revenue by 22% the first year so long story short in April the end of April we're launching our uh Lamborghini years giveaway or $200,000 your choice you can even choose the color um and so we're doing that so if you if you do have a med spa plastic surgeon office dentist uh we're in Dental now uh Wellness Clinic Etc that could use its own mobile app then we have an incredible referral program that we give away yours to and for every referral it's $1,500 that that person gets paid so it's like that's a lot of money it's it's a great referral program so I appreciate you calling out repeat MD but like yeah that that is a cool thing um I should have put this podcast on April right the Larry your yeah I'll just have you donate to the charity all right guys check out Phil

sidter across social media he has some some really great content his ads are his ads for the company are super fun to watch check out repeat MD on social media go to their website uh their mobile app Etc talk to salons Spas talk to your friends about money investing and accounting and we'll see you guys next Monday at themoney mondays.com

Questions about this episode

Who speaks in "NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 109"?

Larry English (Guest), Phil Sitter (Host).

What is "NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 109" about?

Larry English, a former NFL player drafted by the San Diego Chargers, transitioned from his football career to become a successful real estate investor and CEO of RepeatMD. After realizing the potential for appreciation in real estate, he began flipping high-value properties during his NFL offseasons, ultimately earning more from his investments than his football salary.

What is mentioned in this The Money Mondays Podcast episode?

11 people, works and ideas are mentioned, including Larry English, Repeat MD, Phil Sitter, NFL, San Diego Chargers, Amazon. Each one on this page links to its own page with every episode that mentions it.

How long is "NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 109"?

The episode runs 1 h 8 min; the transcript is about 13,025 words in 74 timestamped sections.

More from The Money Mondays Podcast

About this transcript: the episode's spoken words as captioned on YouTube, split into timestamped sections. Reclip.Me locates every person, work and idea in the text, keeps the time it is first named, and quotes the words around it verbatim. Last updated January 24, 2026.