Nick: Can I have a word with you? Hey, Schmidt, everything you just said makes me want to give you a wedgie in front of the others.
Schmidt: You need to rule with an iron fist. No mercy.
Nick: You're not suggesting Cobra Kai rules? [Schmidt nods] I'm not doing it! They're my friends!
Schmidt: Your friends are gonna lose their jobs if this bar goes under.
Nick: Ooh! I never thought I would say this, but... give me the tie.
Schmidt: Now we're talking.
Nick: No mercy.
Schmidt: Corporate leader is born. Don't-don't put it around your head.