00:00:00:00 - 00:00:30:03
Speaker 1
Hello beautiful people. My name is DJ Johnson and I am the founder and CEO of Baldwin in Co. Baldwin and Co is a bookstore coffee shop located in New Orleans. If you're in the area, make sure to check us out. Our address is 1030 Elysian Fields Avenue. Got great coffee, great books. Good spot to make sure you come by and check us out whenever you're in the area.

00:00:30:05 - 00:00:56:19
Speaker 1
And, today we got a dynamic show for you. We got some heavy hitters today on today's show. It's, like, very business centered show. Today, we got the two co-founders of On Your Leisure. Rashad Bilal and Troy Billings. You know, Rashad, he is the financial educator whose work breaks down wealth building for everyday people. And Troy is the other co-owner.

00:00:56:21 - 00:01:24:01
Speaker 1
And he is a former educator turned media entrepreneur, which is dedicated to making financial literacy accessible and culturally relevant and then joining them in the conversation is Larry Morrow. Larry is a New Orleans based hospitality mogul just taking the city by storm. He's an entrepreneur, a community builder known for creating some of the city's most vibrant and successful restaurants and nightlife experiences.

00:01:24:03 - 00:01:47:03
Speaker 1
And the moderator for this conversation is David Shank. He is an entrepreneur, author, and host of the Social Proof podcast. Make sure to check him out on a social proof podcast and he is known for just spotlighting real stories of business success and practical lessons from top creators and founders. Great! So make sure you check them out in this episode.

00:01:47:05 - 00:02:20:05
Speaker 1
Is basically these four heavy hitters in the world of business and culture, just sitting down and telling the truth about what it really means and what it really takes to win. So Davis Shane's, like I said, is moderating a wild, honest conversation with their own. Your leisure guys, Rashad and Troy. And then Larry comes in and joins in and they break down how they all went from grinding at the kitchen tables and shooting content on their phones to now running multimillion dollar brands.

00:02:20:05 - 00:02:45:26
Speaker 1
It's a fantastic story. You want to gain a lot from it. I guarantee you that you're going to absolutely love this, going to love this show. So to talk about the mental side of the hustle, imposter syndrome, the fear of failing, the lies we tell ourselves and how betting on your own creativity can literally change your whole financial reality.

00:02:45:28 - 00:03:04:26
Speaker 1
It's one of those conversations that makes you feel understood, but also fired up at the same time. Like, all right, maybe I can actually do this too. So I'll go ahead, get in the show. Hope you enjoy it. As always, please like subscribe. Pick one person you are going to send this to and make sure you send it to.

00:03:05:01 - 00:03:24:00
Speaker 1
Make sure you send this episode to one of the other favorite episodes is. Share this in the content that we're creating these amazingly vibrant, intellectually stimulating conversations with everyone in your community. Thank you for so much for your support. Enjoy to listen.

00:03:24:00 - 00:03:36:22
Speaker 1
To go out. You deserve to be rich. Just exciting your journey. Going from a kitchen table with some iPhones. Did y'all see this?

00:03:36:24 - 00:03:53:15
Speaker 3
No, I mean, you you go into a space just trying to add value, not really thinking about the outcome. Like it's something that we shared a lot of times is we never thought of it as a business effort. We just thought it as a value added fair. Who just trying to help him give what clients? You know what I'm saying.

00:03:53:17 - 00:04:16:17
Speaker 3
And it quickly turned into something that we couldn't have. I mean, if dreamt of. There was like this commonplace information, conversations that we were having. We thought people were having as well. And we quickly found out that that wasn't the case when people started gravitating toward it. And so it became the fuel, like when we could change somebody's life to do like one person, that's great.

00:04:16:19 - 00:04:36:06
Speaker 3
And then we watched our first episode when 1200 people listened, oh, like, oh, it's well, 200 people. Well, listening to this, this is, this is something different. And every week that just kept growing and growing and growing and in the places that it was reaching kept growing and growing. And it was like, oh, this is something spectacular. This is what we got to do.

00:04:36:09 - 00:04:39:06
Speaker 1
I would you see there would you see.

00:04:39:09 - 00:05:05:20
Speaker 2
They they sure said, oh, it's, advice me. I feel how much it says everything that I expected. You gotta believe that before you actually, you know, you never really know exactly how this works right now, but, yeah, it kind of kind of did think it was going, you know, how the business was. Tata. So that's required a lot of times like, you know, you gotta believe in yourself before anybody else believes.

00:05:05:22 - 00:05:21:13
Speaker 2
So I think we believe that ourself before any. Well believe that I don't even anybody else even really was thinking about it wasn't really like that. They didn't believe in us but it just wasn't nothing like so it was nothing they really but think about. But yeah, I definitely thought that it was a good idea.

00:05:21:15 - 00:05:38:26
Speaker 3
So it definitely is. So like even in the in the beginning when again, the two of us had over the either right, like there was always there, you know, did you ever think this was not a fail? And I can attest to like we never had a conversation like, what this doesn't worth it was like, it's going to work because this is what we do.

00:05:38:29 - 00:05:45:12
Speaker 3
But even the closest people to us, it's family. We're about to start this podcast. It's like, I'm not even sure if they were listening.

00:05:45:14 - 00:05:47:02
Speaker 1
Right? Like probably into.

00:05:47:02 - 00:06:02:22
Speaker 3
Like the fifth or sixth episode of like, they're really serious about this thing. People started catching on and then the world kind of caught on. It was like, oh, wait, they're doing something special. We got to tap into them. But it was more about the the people that were getting information that executed that change you.

00:06:02:22 - 00:06:21:01
Speaker 1
I know you had never said to yourself that this might not work, but did either one of you ever feel it? Immensely clear on starting that sometimes did anything like, you get that that anymore? You know, you going after some might you might get a business right now you're like, man, I'm about to rebrand, which means we got to do something different.

00:06:21:01 - 00:06:23:04
Speaker 1
But you never felt that after.

00:06:23:04 - 00:06:54:05
Speaker 2
That one because it was already it wasn't really like, designed to have, like earning your leisure the platform is so to advance all of that stuff. No, no, you build the pyramid one brick at a time. So social media started originally when I was doing social media to build my financial planning, because that was my main focus, like we was teaching in the classroom, but it wasn't really he came up with the name or the Legion, the name or the Legion, which is that hashtag for my own personal campaign that I was doing.

00:06:54:05 - 00:07:19:09
Speaker 2
So there was it when you asked, like, did you think it wasn't going to work? The initial intention was to go social media follow so I can get clients. So I wasn't really thinking like, like that. And then by the time we actually started on your leisure, we had momentum already. So, you know, we come out the game and we already had listeners and we had followers and within like 12 episodes we was in the top ten.

00:07:19:11 - 00:07:29:06
Speaker 2
So it wasn't really like something that we had to think wasn't going to work because the win was already on our net.

00:07:29:08 - 00:07:46:12
Speaker 3
I think another thing that also benefited is, like I said, we weren't thinking like, oh, we're going to create a podcast and we're going to try to make money from this because we hadn't seen anybody do it right. But prior to us, it was like there was nobody making a podcast and saying, we're going to be fun billionaires and making podcast.

00:07:46:15 - 00:08:02:22
Speaker 3
The part of it is like, I wasn't even an entrepreneur. Yeah, like I was teaching. And so I was a relying on it for money. I was like six figures. As a teacher, I'm like, I'm doing pretty good. He had a career. He had a business already. This is something that we were doing again to go more clients and kind of a naive base.

00:08:02:22 - 00:08:19:11
Speaker 3
He did an interview and people were like, where can we get more of that? Like, what's the name of the podcast? And that first time somebody said that was the first time we thought of you should do a podcast or like it happened in that moment. It was like, all right, well, what does that even mean? Like how how do we even create that?

00:08:19:13 - 00:08:35:14
Speaker 3
Like, what does it take? Like, what do you have to do? How do you record or are you supposed to record with, or are we supposed to talk to? What are we supposed to talk? All those things were literally created in 2008, December 2018, and then almost six years ago to the day, I think, to just start.

00:08:35:20 - 00:08:51:15
Speaker 2
Or to answer your question, even the better to kind of no doubt like call with different ideas like I did for invest. That's right. That works out, but everything doesn't work out. So the only thing about thinking like if it doesn't work out or not, like sometimes it works out, sometimes it doesn't work out, like it ain't really that big of a deal.

00:08:51:18 - 00:09:06:14
Speaker 2
Don't work out. Was just learning Spanish. But but then you get crippled in fear. That's all. That's all in your mind I worrying, oh, God, if it's gonna work out, we go into everything thinking it's going to work. We don't going anything thinking it's not going to work. If it doesn't work, it doesn't work. It ain't really. You know, I'm not going to kill you.

00:09:06:17 - 00:09:24:03
Speaker 2
So that's that's kind of like the mentality from the beginning. We started other businesses before we started the app for we started a national blog. We didn't go into that thinking like, damn, what if this doesn't work? What am I going to do? We went into it with the intentionality that is going to work. We tried our best but didn't work.

00:09:24:05 - 00:09:41:29
Speaker 2
I mean, you got gotta you got to give it the college effort, try your best. Go as hard as you possibly came across all the T's, dot all us. And then sometimes everything is not meant to be. But you might. You learn some some things in it. So why are we going to anything in life? To just think like, what's the worst possible thing to happen?

00:09:41:29 - 00:09:46:02
Speaker 2
It's not gonna work if this doesn't work, what's going to happen? Let you know what you think. Like that.

00:09:46:05 - 00:10:09:00
Speaker 3
That what is that belief, right. Like when you ask people in, they they deserve to be right. I heard like two claps. Like I don't think they should be rates. Right. Like people have to feel that it was a belief system, a trust us. And then we had them each other like, I mean, like I know if we do something, it's going to be great just because we believe in ourselves and we have the confidence and we have the work ethic and dedication to make that happen.

00:10:09:02 - 00:10:10:20
Speaker 3
So like when I heard the claps on back.

00:10:10:21 - 00:10:15:07
Speaker 1
Then this angel is saying, like, everybody should have that.

00:10:15:07 - 00:10:20:27
Speaker 3
Mindset. Like you deserve the bonuses. You, by the way, shout to ask guys because it is, it is. It starts here.

00:10:21:00 - 00:10:43:16
Speaker 1
You know, fully. I thought the the subtitle was super interesting master the Inner Game as well. And my favorite sector of this whole book is chapter two. Anybody got your books right? Congregation, I need to start turning to your book. Your book of Riverside, chapter two, page 48. We go over to page 4848. I'm already with me.

00:10:43:16 - 00:11:15:21
Speaker 1
Right. Are you there? Yeah, there's 4802. I open the book. You got the open the book. In the very, top. I thought I highlighted this part. It's first off, the name of the chapter is dealing with financial trauma. I never associated wealth or finances with my feelings, but on page 48, it says how you feel about yourself reflected how you feel about yourself, is reflected in your relationship with money.

00:11:15:23 - 00:11:18:04
Speaker 1
The way that for me.

00:11:18:07 - 00:11:41:27
Speaker 2
Yeah, for sure. It's like it's a direct correlation. Low income from arrow. It was like blowing money fast. I will slow it. Right. And it was like, well, you don't feel confident about yourself then you do things to overly compensate. I mean, so a lot of times if you don't think that you have a future, you know, I worried about the future.

00:11:42:00 - 00:12:05:06
Speaker 2
So it's better to live in the moment and for delayed gratification, delayed gratification, somebody who's actually thinking that they're going to live for 30 years, there's a better tomorrow than it is today, right? So there's a lot of that in the book as far as just breaking down the mental barriers, because we give you the tools as far as retirement and, and real estate and stocks to my crypto.

00:12:05:06 - 00:12:22:03
Speaker 2
But none of that is going to matter. If you really mentally think that a you deserve it be you're worthy of it. See, you're going to actually take the discipline steps. These are all things that can accomplish a certain level of maturity. So yeah, you see how.

00:12:22:03 - 00:12:39:27
Speaker 1
The ladder how do you how do you okay. Someone they can say it I, I deserve it right. But internally they have so much built up trauma that I can say it out loud, but I don't feel like I'm worth it. How do we get over death.

00:12:39:29 - 00:12:59:00
Speaker 2
Is one day at a time. It's like real slow and one day at a time. So I always say like, just win a day. Every single day is a battle, a battle with yourself. You know, when you gotta fight internally every single day to wake up, look in the mirror. You gotta do you gotta do progressive, positive things to keep you above negativity.

00:12:59:03 - 00:13:16:16
Speaker 2
So you gotta wake up. You gotta weed, you gotta workout. You gotta look at the market. You gotta do all of these things. Got to be in positive circles. Happens is one day at a time. And as you starting to win a day, you just got to one week. You start to win them off. You still have to win a year before you know you start to win a decade.

00:13:16:18 - 00:13:38:16
Speaker 2
So that's important. You're not going to change your life in one day. You're not going to change your life in two hours. I mean, but you can you can start that process and you have to be intentional about it. Like, you know, I mean, so taking that way is going to actually benefit you because you look at anybody, I look at anybody that's really accumulated real wealth.

00:13:38:19 - 00:13:57:14
Speaker 2
They always stay loyal to. They always, you know, the confident that I was I went to Dubai. You all know who has money. Who doesn't have money they all trust to say anything I won't throw odds on. You might have a different watch rather than that. And really all really know how much money they go. You know exactly how much money we got going to show you.

00:13:57:14 - 00:14:13:25
Speaker 2
And I know me. But that's because they confident they already secure and what they got, they don't need to show them. They actually don't want you to know they can. I mean, but that comes from a level of maturity that comes from a level of, you know, understanding that is good to, you know, just have fun in this moment.

00:14:13:25 - 00:14:26:18
Speaker 2
But who's going to feel better if I can invest this money double in quotes and bullet? I mean, that's going to actually be more beneficial than me spending something. One of depreciating asset that is not nothing. He'll be worth nothing in two years.

00:14:26:20 - 00:14:42:18
Speaker 3
That's like a trauma response. You know what I'm saying? Like we're going to spend, right? Well, we don't know what to do or default is to do what we know spend, but we become consumers. And it's something that's been passed down to us by investing in something that has not been passed until it is. And so how do you defeat that?

00:14:42:18 - 00:15:00:03
Speaker 3
You got to address it. You got to me with that. That's why the angel travel part is so real, because there's so much to unpack. Why are you like that? Right? Not in order to understand why you come to this conclusion, why you're making decisions. You've got to get to the root cause of it, right? Like you might had that conversation with your parents.

00:15:00:03 - 00:15:17:04
Speaker 3
You might have to have a conversation with grandma and see, like, why did they always tell us to save money, saved money put into being put in, being put in to be. They didn't come from understanding what the bank is actually doing with the money, right? Like why do we have cash checking, in our neighborhood? Why are we taking our money to where we're giving our money?

00:15:17:04 - 00:15:36:25
Speaker 3
They're taking our money, giving us a piece back right when we could just open a bank account. Why don't we have brokerage accounts? Right? Why don't trust things like there's so much trauma in our community that we haven't addressed and spoken about that can heal that, right? So once I understand where I've been now, I can educated decisions as part of chapter.

00:15:37:00 - 00:15:57:22
Speaker 3
Is my story right. Like I, I got taught in trauma to have to overcome it. Right. Like I had to understand more about real estate because I watched my parents struggle and I watched the fear and I watched the anxiety, and I watched them not being able to anything when I began to stand. So because of the trauma that they face from not being agitated.

00:15:57:24 - 00:16:10:18
Speaker 3
So how do I compensate for I over educate myself? Then I go build it out to people so that they don't. Mistakes make mistakes. Not only that, my parents, me, but generations around them leave as well.

00:16:10:20 - 00:16:36:09
Speaker 1
So they might hear like we heard the deal dealing the financial trauma. You felt me and I think, I don't know, financial trouble. Hey, by hearing him. All right. Cool. We gotta get out of here now. I'm about to trigger y'all 59, 59 a little bit, you know, this kind of spending excessively. I triggered I saw some hand antics in this audience.

00:16:36:10 - 00:17:09:17
Speaker 1
You know, I do that at the other end of the spectrum. Spending like there's no tomorrow is also rooted in financial crime. It reflects the belief that since there will never be enough anyway, I might as well live out. You know, the nonchalant attitude behind this. The YOLO acronym for rap music. How should I attitude behind this attitude masked a sad, a reality that suggests that you've given up on any possibility that your financial future can be any different from your current fixed rates.

00:17:09:19 - 00:17:14:00
Speaker 1
Don't explain that. That's clear. This is this is deep.

00:17:14:03 - 00:17:18:15
Speaker 2
Yeah, I mean, that's me. So like I said, YOLO. That speaks to the mentality that like what I'm saying we go about.

00:17:18:17 - 00:17:19:24
Speaker 1
You know.

00:17:19:26 - 00:17:20:16
Speaker 3
The ideal.

00:17:20:17 - 00:17:46:26
Speaker 2
Get him out of sloth. All going as far as you know you only live once. Love money fast and you know you for like what does that really mean more to you for like you going to spend money too. You go broke. You say I'm not your full like 1240. So the thing about it is like but that does speak to the deep psychological trauma that we went through, the United States of America.

00:17:46:26 - 00:18:03:10
Speaker 2
We still going through it. It's not just for no reason, like no, you see people getting cosmetic. You see people pass away. You see people have diabetes, high blood pressure. Yeah. It's going to have a psychological effect on you to be like them. I want to just be able to live. I don't care if I just have. With this summer, Lisa had to go to some, you know, me.

00:18:03:10 - 00:18:27:23
Speaker 2
So that is a real thing. And sometimes you don't even realize that it's in your subconscious, but it's in the actions that you're making. And then when you start to realize it, it's like, okay, now I'm realizing why I'm doing these things right. Like, but if you don't, it's like going to a therapist if you don't actually look at it from the outside perspective, but you just going to continue to do the same patterns over and over again because like you said, you don't know what to do or you don't.

00:18:27:23 - 00:18:43:02
Speaker 2
You know, so you know, okay, you get money and you spend it especially on a car, spend it on a chain, you spend it on whatever you know, you know, you know how to do that because that format has been provided for you, has been provided for you from people in your neighborhoods and provided for you from rappers entertainment.

00:18:43:09 - 00:19:05:22
Speaker 2
That's a blueprint that we know how to follow. Now we're getting a new blueprint to follow. Now we're getting a blueprint to follow for us how to actually be entrepreneur, how to actually invest and actually how to trust the will. This is a new blueprint to follow, right? So you could do both, but at least now you have an alternative to the pathway that has been glamorized and popularized for so.

00:19:05:22 - 00:19:27:17
Speaker 3
Long inside that even I mean, like you said, we going to try to be awful. A lot of times people are going to fall and we've seen that bad. How do we make the correct behavior? And, well, let's make sure that we educate people around this piece about what an asset is. Right? And so if you're buying gold, right, making sure that is a it's cut to a point where it's something that could be sold again.

00:19:27:17 - 00:19:45:18
Speaker 3
Right. We always talked about bust and we talked about having designers. It's like it's cool to look at. Right. But when you study, that inner gain of wealth doesn't look anything like that. Right? The most the wealthiest people in the world, like you said, you're not even they know what they look like psychologically. We want to show people, how am I supposed to behave?

00:19:45:20 - 00:20:02:06
Speaker 3
Right. Because it looks like we got to get it. We got to get it. Now I gotta prove to you I got it. So I got to buy the big car. Got to have a nice watch. I got to have the chains. And there's a sense of liability. And that's something we just figured out as well. It's like, yeah, I've made it because I want to inspire you.

00:20:02:12 - 00:20:24:15
Speaker 3
Right. But this blueprint that we're doing now, especially as it's sitting on stage and we had a couple other guys have come in as an entrepreneur doing it and using tax incentives to use education and showing how assets appreciate like gold, like diamonds. That's a new way to think, right? Like I remember chasing it like, oh, this ain't no reason why be buying expensive chains.

00:20:24:18 - 00:20:25:05
Speaker 3
I said, well.

00:20:25:05 - 00:20:26:27
Speaker 1
How can you know? Clear.

00:20:27:00 - 00:20:44:04
Speaker 3
And this is the guy I'm looking up to. But the education around that makes more sense, right? Like, how can gold appreciate you over time ago? We can look at it in the past ten years we can see this appreciating asset. Oh, here's a teachable moment. Here's another appreciation appreciating asset over that same ten years Bitcoin. You see what I'm saying.

00:20:44:06 - 00:20:49:05
Speaker 3
And so those those little key points are intersections of where we can teach from those mistakes.

00:20:49:07 - 00:21:09:00
Speaker 1
So valuable a Bitcoin thing. Oh every time that goes I want to like that's not what it's like. I got to like 30,000 of my the runners over. It's over is it's like 60 of like well it's really over now because it's 1060. It was 30. I didn't buy it. 30. I don't you understand. It is at 60.

00:21:09:00 - 00:21:22:21
Speaker 1
I'm like, it's ridiculous to heard it. I'm like, oh. And I just said the same thing. Oh my God, it's over. So we might get one real quick. First, a lot of the question what should we buy right now before something get in office, which I want to download. Yeah.

00:21:22:21 - 00:21:37:19
Speaker 3
When did also that why is that that that's all right. Is that what I heard a smart guy say that before. So. Yeah. I mean, he's talking about, he said to yourself, which was is a manufacturer for I too.

00:21:37:23 - 00:21:39:11
Speaker 1
I'm sorry. Yes, sir.

00:21:39:13 - 00:21:39:21
Speaker 3
Yeah.

00:21:39:21 - 00:21:44:01
Speaker 1
No, no, I'm I'm gonna have this question for me that you have.

00:21:44:02 - 00:21:46:01
Speaker 3
Been very well. Yeah. I mean.

00:21:46:02 - 00:21:46:17
Speaker 1
In.

00:21:46:17 - 00:22:05:05
Speaker 3
The future is already been laid out for us. This right now. You see. And so we're talking about AI and I, we're talking about what runs AI is going to be GPUs, which a graphic processing units. What makes those Nvidia makes the fastest ones. And video, who actually manufactures US ships TSM. So if we look at the landscape is that a company invested?

00:22:05:09 - 00:22:21:01
Speaker 3
Absolutely. As we know, over the next 5 to 10 years, the AI is going to revolutionize the world. It's going to replace a lot of the workforce. We know that we're going to keep using computing power. And now quantum is coming into the life that needs to be powered by something, right? And so, TSM yeah, that makes a lot of sense.

00:22:21:01 - 00:22:27:24
Speaker 3
But also makes a lot of sense is who's going to power that revolution. Yes. So do you though. This guys watch the market Mondays.

00:22:27:24 - 00:22:30:08
Speaker 1
I watch it louder than Lisa.

00:22:30:09 - 00:22:46:04
Speaker 3
So they said a company named ASML. Why is that important? Well, TSM manufactures chips, but they don't make the machines that manufacture the chips. So they have to get it for somebody. So this is a supply chain right? They talk about the gold rush. People were always looking for the gold, but the people that need the money were the people that had the shows.

00:22:46:07 - 00:22:57:20
Speaker 1
And real quick, I'm sorry, you said it was the A as in the mill. Smelt that they had sent us this. Oh, no. No, because I mean this thing absurdly rich. They make the machine.

00:22:57:22 - 00:23:24:07
Speaker 3
They go to the manufacturer. The manufacturer makes the AI chips for pretty much every company, from Apple to Microsoft to Meta to Nvidia, who was a supplier. Broadcom name them and D a Texas instrument. All these semiconductor chips are being manufactured by one company. And so that's an important company for the future. So if we're looking for a company to invest in that makes a lot of sense.

00:23:24:14 - 00:23:40:01
Speaker 3
But that's how you break these things down. But the fact that the just yells out tells you that the conversation is changed in the community. You just prompted that. And that just automatically came out of nowhere, not nowhere. But there was a prior knowledge that came from him. And now everybody you see here, like, that's the beauty of this.

00:23:40:01 - 00:23:46:01
Speaker 3
Moly, now, I appreciate you for that. Oh.

00:23:46:03 - 00:24:07:20
Speaker 2
And it's never too late to get into a good investment. Like, you know, I remember like when I first bought Bitcoin it was $5,000. So at that time it was 5000. And then I remember it was running up. It was running up and then went to 20,000. And when I got to 20,000 I remember my dad was saying like well why would you have something that cost $20,000?

00:24:07:20 - 00:24:27:07
Speaker 2
That's not real. It doesn't even make any sense. Right? Let me like $20,000 for Bitcoin. Like that's ridiculous. Like is going it's going to crash. I thought like AI is going to crash. And they went out and people were like, I told you so make it. It's not valuable. Like why would it make 20,000 buy something worth $20,000 now is worth $100,000.

00:24:27:10 - 00:24:40:12
Speaker 2
So yeah, I purchased it at 5000, but I'm late to the game to the person that purchased it at a thousand, nearly to the game, to the person I purchased to that 500, to the game, to the person that purchased it at 100.

00:24:40:12 - 00:24:43:09
Speaker 1
But it is 100,000. So cool. So we get a little bit right, man.

00:24:43:11 - 00:24:59:23
Speaker 3
Yeah, well it depends how. So this is again, that's And if you say no, follow this. Now this is important because we get that question a lot, right. Like is this the time to invest in what I always tell people is like, are you educated on it? Right. You can listen to me, but do you believe in yourself?

00:24:59:25 - 00:25:10:07
Speaker 3
Right. So the belief is like, if it's at 100,000, is it too late? Well, if you believe is going to 10 million, it's not like you believe is going to be 15 million. It's not. Do you.

00:25:10:07 - 00:25:20:05
Speaker 1
Believe? You believe to me, I think it's certainly blinds to me. Yeah. How long is this. But right. Yeah. I want to bring up

00:25:20:07 - 00:25:40:04
Speaker 2
Also but also we got to look at it from a standpoint. I even if it goes to 120,000, you got it 100,000 or you made 20%, I would I that's good. Only people that don't understand money don't take the 20%. It's something that's valuable. Right. You understand? What do you understand? In 20, if I can do 20%, that's good.

00:25:40:04 - 00:25:59:18
Speaker 2
What else are you going to do for 20%? Right. So if you go to 150, okay, you're not going to get 1,000% rate of return. But you got to get that 50% rate of return on your money as good. So that's a good deal. So of course you always want to wait for pullback. You want to try to buy things I mean I think if it gets in the 80s that's that's a great opportunity because in the 70s you definitely want to buy it.

00:25:59:18 - 00:26:18:29
Speaker 2
But there's also a way where you can put dollar cost average in. Right. So you don't have to put all your eggs in one basket. You feel a little bit risky about the situation. But if you believe, like you said, I mean the million would be great. But most people think that over the course of the next 12 months, you could definitely reach 150,000 or something.

00:26:18:29 - 00:26:38:03
Speaker 2
That's a realistic number as a guarantee, of course. Nice enough. And there's get out to this world when it comes to investing, but that's something no multiple believe can actually happen, right? So if you look at it from that standpoint, yeah, you waited. But 100,000 might seem like a big number. But if it gets 150,000, then you like get 50% of your money in one year.

00:26:38:03 - 00:26:39:03
Speaker 2
That's a good dip.

00:26:39:05 - 00:26:43:13
Speaker 3
Five years. When it's 500,000, you'll be able to see the conversation.

00:26:43:16 - 00:26:48:01
Speaker 1
But do you think in five years you're not right? He said something.

00:26:48:01 - 00:27:03:26
Speaker 3
To point right. And like it was only kind of like two people that said, yeah, that's right. That 20% is an amazing return, right? Like people have to realize that, right? When it's interesting, when people put their money in the bank, they put in their savings account and they get 0.03%, they leave them question it.

00:27:03:28 - 00:27:05:09
Speaker 1
Feel like, oh, okay.

00:27:05:12 - 00:27:26:14
Speaker 3
All right. And then you leave it $10,000 in there and you make $0.03, right? This like, we got to have the educated face, even if you get a high yield account and that's 4%. They're like, oh okay. That's great. Yeah I feel safe then. Right. Like if you put it in a brokerage account and you invested in S&P, right.

00:27:26:15 - 00:27:48:29
Speaker 3
On an average return for the past 33 years, something about 11%, 11%. And no. And most of us I've been over the past five years didn't have brokerage accounts. You see what I'm saying? This is the education process. This is like when we talk about the type of the inner king of wealth, when we go into realms and we get into these phases and everybody's like, you guys are everywhere.

00:27:49:01 - 00:28:02:13
Speaker 3
This is what we're seeing. This. These are the characteristics of the wealthy. This is what they're doing. Our job is to decipher what they're doing, try to interpret it and get it back to you. And that's our that's what we've been doing.

00:28:02:16 - 00:28:19:08
Speaker 2
So the key to getting well if it's all a math equation right. So it's all about math. Everything come down to me. Math is a universal language. If you think about installing language that is the same in every every culture, every language, every word, math is the same. So the first thing you have to do is lower your expenses.

00:28:19:08 - 00:28:33:10
Speaker 2
That's a math equation. You have to figure out how much money you actually make and how much money you spend in it. Actually, lower right? Then you have to actually, if you have a business to talk about seven streams of income, that's that's a number, right? So you have to find ways to get services and income for your business.

00:28:33:12 - 00:28:56:11
Speaker 2
Then you have to actually actually invest the money that you're making, right. And make multiples off of that money. So we can break this down. But that's really the formula to be successful, to be rich, if you look at it from that standpoint. So don't make spend less money than you make, right. You start, you start businesses, but you gotta have multiple streams of income.

00:28:56:11 - 00:29:16:01
Speaker 2
Even if you're not an entrepreneur, you got to have multiple streams of income because that's what billionaires coming in. You invest that money over the course of time and that money produces more money for you. Right. And then it's just a matter of time. It's just like working out a formula is just a lot of time before you backed into whatever the number you want, whether it's 100,000, 500,000, a million.

00:29:16:07 - 00:29:36:15
Speaker 2
You just got to figure out, okay, how much money can I make? $1,000, $1,000. This is does most honest business right. So to break it down, even more realistic is like everybody kind of entrepreneur. What everybody has multiple streams of income. So like join us for what was before. As far as a teacher, he was a teacher. So the average teacher is just going to school and getting paid whatever teachers keep.

00:29:36:17 - 00:29:58:26
Speaker 2
Right. And that's it. But as a teacher, you're actually an SRT at what you're doing because you have more information in 99% of the world's population, right? You went to school for it. So if you're a math teacher, you can get paid from teaching math, but you can be a tutor, right? And then if you want to take it a step further, you can actually have a tutoring business.

00:29:58:26 - 00:30:19:10
Speaker 2
A lot of people struggle with math. You can also be a consultant to different school districts, because you have an authority in the space, and you can actually teach the teachers, then you can actually develop curriculum. We've developed the curriculum and you can actually sell, you know, New York City spent like how much do they spend on extracurricular stuff?

00:30:19:13 - 00:30:38:29
Speaker 2
They have a budget of like billions of dollars. Since that, over and above what they have to spend with outside vendors. Nobody even thinks about that. These school districts have a lot of money that they're spending. What, outside vendors. Right. So it's like from now, of course, you could do the summer thing and camp and stuff like that.

00:30:38:29 - 00:30:55:21
Speaker 2
So then you can write a book. So as somebody that has a 9 to 5 job, that should not block you from how the multiple shares of income happen, why should they call on this? To close the night, you're going to have multiple streams of income, but then from those multiple streams that they come, you got to invest the money.

00:30:55:24 - 00:31:02:18
Speaker 2
Then you got to keep your expenses low and not just don't do anything stupid. It's just a matter of time before you get rich, if that. If you really follow that blueprint.

00:31:02:21 - 00:31:20:09
Speaker 3
It sounds like the people are probably like, yeah, that sounds pretty easy to do. It really is. I think he didn't even tell you. Like, yeah, I could two to 1 to 1. But we come from a space where we social media is private, right. So now I could put my whatever I'm teaching I could teacher in my kitchen use a whiteboard.

00:31:20:09 - 00:31:30:27
Speaker 3
Now I'll put it on social media. If it's on social media now I can put it on YouTube. If I get enough people to watch my YouTube. Now YouTube is paying me to teach worry. So the kids in my classroom see, I'm saying.

00:31:30:29 - 00:31:54:14
Speaker 1
Listen, I gotta bring up another one of your wealthy friends because I don't really just need some more game. And I've never actually. And I've come across a lot of super nerds. I've come across the fund so that are people who own a restaurant. Anybody in the food industry too, that, yeah, could make cooking some IRL. But I've never seen someone with such a big vision.

00:31:54:16 - 00:32:15:22
Speaker 1
Literally no fear. And he really has a blueprint because all the stuff he does just works. Man, I need you to put your hands together for Larry Morrow. I thought the party was not well, nor was on Larry Morrow. I know, it's crazy. My first time we went to was there my wife.

00:32:15:23 - 00:32:16:09
Speaker 3
They are doing.

00:32:16:16 - 00:32:22:26
Speaker 1
Together. We're just looking at, like, top restaurants. So we go tomorrow and it's.

00:32:22:28 - 00:32:24:12
Speaker 3
Now we made the around 12.

00:32:24:12 - 00:32:26:09
Speaker 1
For that. And it was Scott.

00:32:26:12 - 00:32:45:13
Speaker 2
I want what it's created to be kind, honest. It sets the stage. So we do with this book. So you know, a lot of most times you go to a book, dang it. They don't actually speak it all. They just sign a book, give you the book and take a picture. You call it a day, but you know, everything that we do, we want the key to be successful is overdeliver.

00:32:45:15 - 00:33:08:10
Speaker 2
Right? So we wanted to make these events in different city. So we come and we actually have conversation and then we bring different people that's relevant locally. So New York we bring out somebody in BC we bring out somebody in Atlanta. So we came to New Orleans and we had to hit our guy up because he missed the going to 70 restaurants have.

00:33:08:13 - 00:33:09:25
Speaker 2
And that's about it.

00:33:09:25 - 00:33:12:09
Speaker 1
Now I came I like these guys.

00:33:12:10 - 00:33:18:04
Speaker 2
He's going to shit information are super nice Jim. So once again give it up for Larry because the time out of the skin on his.

00:33:18:05 - 00:33:39:15
Speaker 1
Orders we split it. So I don't we just looking at like just Google best restaurants in the world is in morals comes up. We go to malls, we're like oh my gosh it's phenomenal. It's just an amazing place to eat. Then we leave. If I'm being honest, I did not think he look like the the owner. I didn't know the owner would look like this is no, this is like inspirational.

00:33:39:15 - 00:34:00:05
Speaker 1
You go to somewhere like, a fancy restaurant and yes, city a Ruth's Chris or something. You never really think about who started it. But what? I found out that you are the one that started all these amazing restaurants in New Orleans. It was so inspiring because I saw myself in you and then I got a chance to sit down with you, realize you really have a blueprint and a formula.

00:34:00:05 - 00:34:24:17
Speaker 1
So, please, one more time to learn about other adversities there. Yeah. I want to end up like her style. The restaurant industry isn't easy. And I saw a stat that most people fail at it. What is your blueprint and why do you keep open this stuff? Different states. Right. It's like you don't have any fear. I want to know how you develop that blueprint.

00:34:24:20 - 00:34:42:08
Speaker 3
Honestly, you know, it may seem like I have this blueprint, but every day I'm figuring it out. You know, I don't have it all figured out, but what I do is we build our systems and we just duplicate them. And every concept I have is totally different. So they're all similar in a sense of how you operate them.

00:34:42:08 - 00:35:04:11
Speaker 3
But it's just different. Menus is different. You know, we're trying to streamline everything and make everything, you know, consistent across the board, whether it's the service you get, the steakhouse or the service, you get a morals right. So as we've grown, you know, from morels to tree house to Monday to sunshine, and every time we got better because we got better.

00:35:04:14 - 00:35:27:22
Speaker 3
But with the steakhouse, you know, that's like our standard now, like the service, the everything about is totally different than what we are now like. So we're going back and just, you know, modifying everything because our standard is there now. So we just basically just duplicating what you're doing at all locations. You just got different menus and same level of service, same just maybe cater to a different lifestyle.

00:35:27:24 - 00:35:47:04
Speaker 3
So you know, it's just being consistent, what we're doing. And you know, you say, I have no fear. I actually do, you know, it's not easy to jump off the cliff and build a plane on the way down, but sometimes I put myself in a position to where I put pressure on my shoulders intentionally so that I can.

00:35:47:06 - 00:35:52:06
Speaker 3
You know how can I know how far I can go if I don't know where I can live? And so when.

00:35:52:06 - 00:35:54:00
Speaker 1
I'm going up.

00:35:54:02 - 00:36:10:26
Speaker 3
It so, so like, my God, like I made some friends of mine, like, sometimes God put that weight on your shoulders because we might be afraid to do it, but you know, we can't do it. But when you put on your shoulders, you're able to lift it. And so that's what I do, man. Like, you know, it's not easy doing it.

00:36:10:26 - 00:36:30:20
Speaker 3
And I'm, I'm afraid at times, you know, like, it's not easy because, you know, you gotta you gotta, you know, at this point is much more to lose than, what, maybe five, six years ago. But, I've just learned that you you gotta go for it. And it will always turn out the way that you want. But if you don't take the shot, how would you ever know?

00:36:30:22 - 00:36:34:11
Speaker 3
Well.

00:36:34:14 - 00:36:40:28
Speaker 3
Oh, I don't know. Oh, all it takes is one shot. No. It's. Yeah. You two shots like I do is me that one.

00:36:41:00 - 00:37:01:10
Speaker 2
So from a entrepreneurship standpoint, you know, you've been able to be miserable, like the most successful people in your industry, the billionaires and stuff like that. Right? Like, what information have they given you that you've been able to implement in your franchise or your, the food chain industry?

00:37:01:12 - 00:37:21:20
Speaker 3
I would say, and just not even astronauts or mentors of mine in the industry, because all business applies in some way, or form, you know, so I this morning I had a conversation with my lord. It was probably 9 a.m., and, let that go over my no regrets. Like, guy was worth, like, 7 billion.

00:37:21:20 - 00:37:35:22
Speaker 3
I, I don't yeah, I had a conversation within this about them. We want to follow for like 20 minutes. And, I was just calling him, you know, with chopping it up and was talking some business, and, you know, I get information early on, and then after that, I get a call from my homie Sydney. Sydney Torres.

00:37:35:22 - 00:38:00:13
Speaker 3
He's, owns, a garbage company here at work if you want to me. And and it was just crazy, like, because I'm thinking about it and you're talking right now, all right? Yeah. Damn. I was talking to these guys this morning. So, I think one of the things I've learned from, you know, them, whether is Eugene or whether there's different people in the industry, allies in Houston or, this anybody in business is like, you got to have, you know, good habits.

00:38:00:15 - 00:38:18:14
Speaker 3
Most successful people, you know, they wake up and they know where you going, they know what they're doing. And that's one of the things about me. Like, every morning I wake up, I'm doing the same exact thing. So when I wake up and do it consistently, like the results aren't coming from me, just getting lucky is coming from the consistency in my day.

00:38:18:14 - 00:38:42:18
Speaker 3
So, that's one of the things I think has truly helped, you know, me figure things out. And also just real myself with a lot of mentors, shout out to, you know, what I look like. I'll share my Sydney Eugene with Catch Hospitality prior to I mean, Eugene catches how always been one of my favorite restaurants ever since I tried it in 2017.

00:38:42:20 - 00:39:06:08
Speaker 3
And I was in catch in 2017, in L.A. And I say I wanted more of this before more was open up. I was renovate models and I said, I want morels to be the catch of the summer. And, you know, it's the law of attraction is manifestation. Couple a few years later, I connect with Mike and David Berry, and he saw how serious about I was about this industry.

00:39:06:10 - 00:39:32:27
Speaker 3
And I even tell him, you know, make connections with everybody. And, they saw a series of words. And then I said, you know what? We can introduce you to UG. So Mike set up dinner at his house, I go to New York, and he surprised me with dinner with Eugene. Like, damn, it was dope. Because as a person who I thought the restaurant was the coolest restaurant ever, you know, outside of myself, you know, I was blessed to just connect with different people and network with them.

00:39:33:02 - 00:39:49:09
Speaker 3
So I put myself in position to where I can mix worship from these guys. So, you know, it's been consistent and networking. It has really just catapult everything power, proximity, man power for that.

00:39:49:11 - 00:40:04:24
Speaker 3
I mean, when we met you, it was interesting. Your name already had preceded you. I never saw you. I didn't know you mean. I think the first time we was, we talked on the phone. It was actually about charity matches. Hey, look like midnight. And I was trying to explain. Be like. Yeah, but.

00:40:04:24 - 00:40:05:26
Speaker 1
I still don't really get.

00:40:05:26 - 00:40:26:02
Speaker 3
It, though. I was like, I mean, let's go it off. But. And then when we came down and and saw what you meant to the city, it clicked in the in the Pope, we talk about legacy, legacy, legacy. We went to morals. We got the hospitality was incredible. And you're like, yeah, that's my mom. I said, wait, hold on.

00:40:26:08 - 00:40:44:19
Speaker 3
There's a deeper story to talk about. This. This is something that we do. We're always talking about you should wear with your family. And that's kind of how we've built our business. I see that you've done the same talk about building legacy and doing it with the people you actually love and care about. I don't name hello. I can tell you this is not easy.

00:40:44:22 - 00:41:13:02
Speaker 3
I'm sure it wasn't easy for y'all. And it's things that you got to work through, but, just think that you could never give up on, me and my mom, you know, just joint venture with my my morals. It was a challenge, but it was so rewarding. At the same time, we, we camel have a lot of issues in the beginning because it's like you walk a new journey with your mother, you know, like a pet that you hadn't been on with.

00:41:13:05 - 00:41:42:13
Speaker 3
So y'all gotta respect each other's space, respect each other. You know, I'm not just your son. I'm your partner, you know? And now with the conflict, because Lil Larry that's, you know, our home is different when I'm handling business and know I can be, a lot different, you know, because, I mean, business. And so, it was tough, but we got through the process of just, like, learning how to work with each other in the same space and her being such a dominant woman to me, being a dominant male.

00:41:42:13 - 00:42:03:04
Speaker 3
And I wanted her way, me wanting my wing. It taught me a lot, a lot of patience for sure. But, we got through that and then as we started to like the mom, she was like, I'm like, y'all, look, we can open more restaurants. And she's like, how it's already how many you want. And so at that time, I heard about the grinding children for them.

00:42:03:06 - 00:42:22:29
Speaker 3
How many them me were telling me. So turn is like one of the largest restaurant tours in the country. 600 plus restaurants owns also the Houston Bubblegum. The rockets, was the casino in Lake Charles? No, no, no, the Golden Nugget. He ordered a bunch of stuff. It's. I read his book about my home. It's called Shut Up and Listen.

00:42:23:02 - 00:42:52:07
Speaker 3
And he just talk about the restaurant industry, and I saw how he was able to do it. So I'm like, if somebody is able to do it, I mean, it's possible. So I'm explaining it to my mom and she's like, well, I don't know. So, you know, I just started I just have a vision and I will do a lot of research, and I decide to scale up and, you know, I was just, you know, let her know and, like, how this can be done and, you know, went from that to this, but this because we had a vision, both the process of us working together and, and just understanding our roles as, you

00:42:52:07 - 00:43:25:13
Speaker 3
know, partners really helped us be better to each other, you know, because sometimes you may try to, you know, do something that's like, for her to do, you try to do it and not like communicate properly with sometimes it just call conflict, which I'm sure you understand. And so you just learn how to just work with people. And if you can make it do that, you know, with your mother, then, you know, think about the reward that comes from just being able to empower you for me, because now, like I got this video where I walked into my grandmother's.

00:43:25:16 - 00:43:48:09
Speaker 3
So she worked in this beauty store about eight years ago in 2016, I went, I found this video on my Instagram. I walked into her store and I said, grab my two years, you can quit your job. And so she repeated it in the camera. He said, my grandson said, in two years I can quit my job. And so I saw that video recently that day and I started crying because I'm like, damn, I lifted the law of attraction.

00:43:48:09 - 00:44:15:14
Speaker 3
Like I've been able to empower my family. My grandmother quit her job. So, you know, with her work again. And but that was all just through, you know, being intentional. You know, ladies want to do stuff with my family. Oh, because I could have went another well and just called it quits. And but I didn't because I just was in love with the fact that I can do this for my family.

00:44:15:17 - 00:44:36:28
Speaker 1
So I want to know your inner game of, well, how do you look at. Well, so that's a question earlier, you know, is anybody here rich and need to find it differently. Right. So but I want to specifically talk about financially, how do you approach finances or how do you look at wealth building personally? Me.

00:44:36:28 - 00:44:54:28
Speaker 3
Is crazy because my perspective is totally different. You know, ten years ago I thought I was a rapper, you know, so I went through that rap phase, which I think we all have been through a phase of where we went to see things that we would go, hey, man, I had it. But now I roll it all on top of the world and on.

00:44:54:28 - 00:45:00:22
Speaker 1
Do you remember any of the rap? Still, I regret that the more I look at my ceremony.

00:45:00:25 - 00:45:16:22
Speaker 3
I know how many things in there like that, that mindset. And I think a lot of us culturally get stuck in it, right, because of what we see. And so I had a lot to do. I had a push down roll. I thought I was going to travel the world. I saw that role, that banking like 2016 maybe.

00:45:16:25 - 00:45:36:13
Speaker 3
And I bought my first of investment property. And, you know, I was just, you know, trying to figure out life, trying to figure out who I what do I want to do. And, you know, that vision isn't clear to you really identify who you are and what it is you want to do. So if you got to the target, you're aiming at, it's easy.

00:45:36:15 - 00:46:10:15
Speaker 3
If you got a target, you know, it's easy to to aim at it. But if you don't have a target and it's like you just shoot in the air. So I think once I put my eyes on, it's hard. It made a lot more sense. But, you know, as far as like, well, God, I thought being having a vote was having looking like, well, like you were saying earlier and truthfully, when you have a different perspective, like I've been in the inner circles of the culture in, you know, the industry, the army, and where you sitting at a table with 20 people in a bill come out and there's only three people open to like

00:46:10:15 - 00:46:31:19
Speaker 3
and I want those three people. And for everybody it looked like a ballroom. And I'm like, maybe like, this ain't what it is. That's a feeling, you know, like, oh no, seriously though, we all we go get on a boat and they are 20 people on a boat. There's only four people like why everybody looked like that. You've got at this point we're at Bottoms and Balmain Denim.

00:46:31:22 - 00:46:50:00
Speaker 3
But that's not who I want it to be. I didn't want to look like money. But then you start to see the other side of things, of had and friends of wealthy friends who wear the same stuff every day, you know, like sanitary. If you go in the closet, everything black with Chelsea boots. I'm like them. You. Life is simple.

00:46:50:02 - 00:47:08:10
Speaker 3
I wish, I wish it was this easy for me to dress or you might, you know, get on a plane or go to wherever with a friend and you see how you don't have all of the things that look like money, but they have, I mean, that they make them look wealthy, but they act all wealthy, like they can get on a plane, flatter, fly across the country.

00:47:08:10 - 00:47:31:01
Speaker 3
So having both of those perspectives really changed my perspective. And they said, you know what? I don't think I want this, I want that, and I don't want to look like it. I want to be able to actually create generational wealth for my family and not just wear it. So, like, you see me now, like, you know, I got watches, but I don't wear them, you know, I mean, because at one point I feel like I needed like, I'm that buzzed down Rolex.

00:47:31:07 - 00:47:46:27
Speaker 3
You feel me? But I'm not. But now. But you feel me like I'm there. I'm there. No diamonds. Still holding the value for me. So I started to think of myself as as the pride versus when they're watching, think, you know, watch. What's the price you feel?

00:47:46:29 - 00:47:58:13
Speaker 2
Yeah. But no matter how the conversation, you get over to the good look, you can make some good money. I think it affects us. Let's talk about relationships, because that's been the secret to our.

00:47:58:13 - 00:48:05:15
Speaker 1
Success, not black out another time around. I don't know if relationship like that.

00:48:05:15 - 00:48:30:08
Speaker 2
Relationship, but, that's been the secret to our success. And I, the people always ask us, like, how do you get all these people like this person? You get 50 cent, Steve Harvey and Tyler Perry and all. That's all relationships you've cultivated great relationships, great relationships, all the people. It's just name and entertainment world as well. Like an all fan, all the people that you work all the time for your venues and all that.

00:48:30:10 - 00:48:46:20
Speaker 2
There is a science to actually networking. There is a science actually establishing relationships that we have at least. But I'd be interested to hear like, how do you look at it? Like, what's your blueprint for actually getting relationships and maintaining those relationships?

00:48:46:22 - 00:49:08:01
Speaker 3
I think you say it perfectly or you say you got to overdeliver. And that's there. My formula since day one, right? I just turned 34 last week, and since I was 20 years old, I book the first person ever had a wholesome event, identified at 20 years old, that I was able to build a relationship to book. And, but it's showing great southern hospitality, right?

00:49:08:04 - 00:49:25:14
Speaker 3
And, you know, people will remember people are always going to remember how you made them feel. Right? And so when people will come in town, I will make sure I roll out the carpet and just, you know, when they leave, he left with like with the best feeling or just happened just, just the best time whenever they leave.

00:49:25:16 - 00:49:48:29
Speaker 3
And so, that's kind of been my formula since then. And, you know, most successful people are just people who understand. People get it, get it. And it's like how you guys have been able to grow your brand new company is because you're overdeliver, like, y'all don't, you know, show up, don't have clock, like you really go through the motions of making sure that you set the tone for the next thing that you want to do.

00:49:48:29 - 00:50:09:21
Speaker 3
So I think that's really been the formula just over delivering and, you know, not always making it about money. You know, I don't come from what I've been able to build something for me and my family, my daughter, you know, I'm, you know, and I'm proud of that. But it's because, you know, you got to be intentional with what you do, and you got to make sure your intent is aligned with, you know, internally, you know.

00:50:09:21 - 00:50:11:09
Speaker 3
So I said, well, a big.

00:50:11:09 - 00:50:14:25
Speaker 2
Part of it. But then also to follow up directly, so is the.

00:50:14:25 - 00:50:15:17
Speaker 1
Law.

00:50:15:19 - 00:50:42:20
Speaker 2
And one of these books to give first. Right. Buy before you receive. That's that's vitally important. That's how we actually met. I don't know if you remember this, but we met on clubhouse when clubhouse was but then and think you was it was meek du Suisse, a bunch of other people before me on, I was talking about crypto for a little bit, and then you I don't be like, we got each other's number and you hit me up.

00:50:42:22 - 00:51:05:05
Speaker 2
It was like, I think it was for Mike, though. He was like, and I want some information about Bitcoin. Like, you provide information to the Dow at the. But I'm saying that to say it wasn't like an ax for you directly. Right. Like you were intentional about trying to help somebody else which potentially would which help us as well because we established a relationship with a celebrity or whatever.

00:51:05:06 - 00:51:23:29
Speaker 2
And, well, that's how you came even then at a few different times, because I got an opportunity for y'all. But you didn't call and say, let people come and like, okay, you mentally or you get a can you do this for me? You know, do it like, you know, like you found a way to try to bridge that gap, add value for somebody else, build a relationship is very organic, right.

00:51:23:29 - 00:51:46:12
Speaker 2
And five years later, we still probably have each other today. So I think that that speaks a lot to your character, but it also speaks to actually building relationships. Like you don't want to go into a relationship being selfish. And that's something that people have to understand as, oh, right. Well, that's a selfish act, right? You might not look at it like that, but you aren't being ticket.

00:51:46:13 - 00:51:48:29
Speaker 3
Don't don't go to the table with your header. Sure.

00:51:49:04 - 00:51:58:16
Speaker 2
And then you find a way to add value first. And then you will have to ask for anything because the law of reciprocity will bring it back to you over the course of time.

00:51:58:18 - 00:52:20:11
Speaker 3
Right. And like I always say, like any table, you say that you should bring something to it. And everybody value won't be in a formal currency. You know, some people value me. You may bring some good energy to it. You may bring some great ideas. You may bring some finances, you may bring some relationships. Right? But when you pull up to the table, don't ever pull up to a table looking for anything.

00:52:20:13 - 00:52:37:01
Speaker 3
And I think part of what helped me over the years was that I'll show up to the table and I'll bring a table and I'll provide dinners. I'll provide. So right, you won't have to, but I'll make sure that I'll try to bring as much as I can, just so I can show that, you know, just bring value to the situation.

00:52:37:04 - 00:52:59:03
Speaker 3
And I remember just the over the years, it's just that journey. It was like I was always calling, you know, like I got a great relationship with envy Angela and a bunch of people and, and I always tell people I'm like, damn, he's like people to always be paying breakfast. 12 for the amount of times they were mentioning Morrow's No Breakfast Club, but no, it's like I had great relationships with them.

00:52:59:03 - 00:53:21:24
Speaker 3
Like anything I could ever do. Like they come to New Orleans, I would just roll the carpet out and we built organic relationship. And it would literally if you mentioned Wallace, they got Mitch, Larry, people mixing morals. And that's because any opportunity I had to just do anything for anybody, you know, I would do it. And that also puts you in a position to where it's like, I'm confident the board is an excellent table.

00:53:21:27 - 00:53:38:14
Speaker 3
Why? Because I'm not I'm not calling you to nothing. I'll read you help. But I believe with you. Overdeliver. You put yourself in a position to where you can, you know, go to the table and, you know, if you don't have it today, you know, your homie may help you with that, you know.

00:53:38:16 - 00:53:42:25
Speaker 1
And they cleared that up. And so I, I.

00:53:42:28 - 00:54:04:28
Speaker 3
The name is and it's true, it's just so important to me. And I think it relates to a lot of us in this room, including us on stage. We didn't come from an and so by day month, the chapter is the financial trauma chapter. I wonder as you're obtaining success and wealth at the same time, did you.

00:54:05:00 - 00:54:06:19
Speaker 1
Encounter financial traumas that.

00:54:06:19 - 00:54:30:13
Speaker 3
You weren't even aware of, that what you were experiencing? Like, what are some of those things as you were starting to get money that you realized that these are bad habits? Where did these habits come from? Their habits? I think of about gambling, of course, was a little bit ahead, you know, of mine. Man, I will say I'm not going to say I'm the best with money.

00:54:30:15 - 00:54:56:24
Speaker 3
I'm very risky, you know, and our party sometimes do things that don't make sense, but then you somehow make it in some way. All if you call it luck or just God's grace. But you know what? I would, you know, I mean, honestly, I couldn't afford to not, I guess I couldn't afford to fuck up my friends, but I couldn't afford to mess up like that because, you know, I'm the only man in my family, right?

00:54:56:24 - 00:55:12:11
Speaker 3
It's my mom, my grandmother, my sister. This journey was just, you know, it was us. I mean, so I had a lot of. I had a lot of weight on my shoulders, but I appreciate it because that was the same thing. It was motivating me even though I was looking to get rid of it. It was the same thing that inspired me.

00:55:12:11 - 00:55:32:27
Speaker 3
So. So I'm like, you know, it is what it is. But I will say along that journey, I would think that my trauma was just more so, like the sometime not knowing when to not press it. Right. I always press it to to the point where is like, you don't always work out the way I need to, but you know, I'm okay with that, right?

00:55:32:27 - 00:55:51:24
Speaker 3
So I think my endurance for being a risk taker and winning the bet at all and hadn't lost it to events or gambling, it has told me to. Where? You know what, at this point I can't really afford to do what I did. I got to preserve some of it, and even right now I'm out. I'm going all in.

00:55:51:24 - 00:56:11:08
Speaker 3
You know, like I'm going all in, which is probably not the best for any company to do, but know right now it's late because momentum, it's, like I'm learning still, but, you know, with the vision that I have in the resources is like, you know what? You gotta take a shot, you know.

00:56:11:11 - 00:56:37:13
Speaker 1
Clap clap clap clap clap clap. It's the request of your person. I have questions to you. Not as a question. Is it a good one? Because this is getting the Q and A, I'm a calling the drive. I'll take like three questions, okay? And the next two won't be ladies because all men up here. So the guy questions,

00:56:37:16 - 00:56:53:23
Speaker 3
When you're going through lows as an entrepreneur because I know there's like, bad loans, how do you get to it in a healthy way? I mean, I mean, even when I'm going through lows, people don't know, right? Like, now I've got so much weight on my shoulders. Two days where I'm like, man, what did I get myself into?

00:56:53:23 - 00:57:13:02
Speaker 3
But I think you know, like that regimen, you know, helps me, you know, like, I wake up early in the morning, by early 5 a.m.. I woke up at 5 a.m. this morning, went to the gym, got it out, and, came home, showered, chilled. The family got to work, and I. That's like how I really, like, had, like, cope with, like, just everything.

00:57:13:02 - 00:57:34:05
Speaker 3
Just going to the gym. That's like my stress relief. Excuse me. So, like, you know, it's it's just one of those things, man. You got to pray. You got to, you know, stay cautiously. Like the grind. It's never going to be easy, you know? Nothing that didn't work. Having it comes easy. So, you know, you got to understand that there's going to be some things that into you.

00:57:34:08 - 00:58:01:14
Speaker 3
It's going to be some teams that try to get in your way. But you got to really just stay focused. So and stay burrito. So you got to find your own regimen like your daily habits that you want to practice as you all that them take you out of. And and that's kind of what I do man. For the past six months, I've been waking up every morning, 5 or 6:00, working out, and I feel like I'm at the with all that I have going on, I feel like I'm built for right now because I've been strengthening my mental, my spiritual, my physical, and I, you know, I had a drink in, you know, four

00:58:01:14 - 00:58:22:10
Speaker 3
months, four and a half months, and that's the longest as an adult and like, don't know, y'all might see a video of me. What if I would, to walk another day at the second I. But I are going to be I pointed to everybody that they got the pictures. They're daughter little bit though I was profile making sure half of that and I would make sure everybody good but like you ain't had a drink in over four months.

00:58:22:10 - 00:58:39:17
Speaker 3
And as an adult, you know, for me as big because I've never done it. And I'm in the industry one club, I'm in the restaurants, everybody wants you to take shots. So I'm just so focused right now. But those morning daily regimens that I, that I follow it every morning has really been keeping me sane and has kept me sane over the years.

00:58:39:24 - 00:58:59:21
Speaker 3
Yeah, I think it's been so a lot of emotional maturity as an entrepreneur. It's like what he's saying, like he you couldn't have done that ten years ago, right? Like you had to go through some things to experience some things to realize that there's some maturing I have to do as a businessman. And it's kind of one of these daily features, just having an even keel, calm temperament.

00:58:59:25 - 00:59:15:14
Speaker 3
Right. Like you look at Shelly right now, you wouldn't know if he signed a $100 million deal. If he lost 10 million, it's going to be the same exact demeanor. It is what I'm saying. And so we've always focused on the next things with we have investors. 60,000 people come and they're like, wow, you've had a really proud of yourselves.

00:59:15:16 - 00:59:27:16
Speaker 3
And I'm just like, yo, I know we got an event next month. But you see, I'm saying, like we're always looking like, how are we going to over develop a little bit of next time? You know, we got this book coming in six months. And we got to make sure that with that we got to overdeliver with it.

00:59:27:19 - 00:59:43:00
Speaker 3
So we don't really celebrate the way that most people would. You don't normally think, right. Like you done invest and it's like that's good. Well you're a no. Next thing is we're always thinking ahead. So when there's a low or a disappointment I get some business to say, okay, what do we learn from it? How are we going to execute it?

00:59:43:07 - 01:00:01:19
Speaker 3
What are we going to do to implement? Make sure that it's a success next time when it's something that's great. And so I that's great. Clever had everybody on the back. This is great. Nice job. How do we make it better next time is always in business. You always have to make it better right. You want people to come back full and happy time your customers.

01:00:01:26 - 01:00:16:19
Speaker 3
When I have a ton of followers and I have to continue to overdeliver. But you got to have that most mature to say I will stay even keel. And if you don't, you get I think I think too much celebrating isn't great because sometimes you get caught up in that celebration. You forget that there's more work to do.

01:00:16:21 - 01:00:40:17
Speaker 3
And I commend y'all because, like, I don't think you'll realize how much you're really killing it. You know, I've been to Ernie Lee's. I've seen y'all draw that over the years and just your brand grow and, you know, to grow so big and to remain as humble as you guys are and to not, you know, you know, most people think they win a game and they, you know, they won a championship.

01:00:40:17 - 01:00:58:02
Speaker 3
And that's cool. You should clap. But at the end, you got to remember that there's always more work to do. And the celebration to come at some point. But when you really want to take it to another level, you got to lock it and focus. And so I think that's where I am right now. It's not too much celebration, even though, it's about celebrate.

01:00:58:02 - 01:01:01:11
Speaker 3
Celebrate around. It's like I'm focused right now.

01:01:01:13 - 01:01:18:27
Speaker 2
I think you dive off in that tool, especially with Larry Said to me, shows that she has a really good quote. He said, if you lose your motivation and stay consistent, the consistency will bring back the motivation. So like, if you're not always going to be motivated, you're going to get discouraged. But if you stay consistent, you doing the right things.

01:01:18:27 - 01:01:36:29
Speaker 2
Every single day, eventually you're going to get successful again and that's going to bring back your motivation. But like what choice it is for us? They even kill me. Important like like and to not get too low. Because the problem is that when you get too low, you get depressed. When you get too high, you're setting yourself up for disappointment.

01:01:36:29 - 01:01:56:18
Speaker 2
Because from the top, there's only way to go. Is that you know, a little bit down. Like, now you call it disappointing because it's like, damn all the time. Did you say you only celebrate when the game is over? Like you celebrate at the end? Oh, the NBA finals are you celebrate when you win the Super Bowl. Well, that's for me means that it's over if you're celebrate the third quarter.

01:01:56:18 - 01:02:16:18
Speaker 2
I've never seen that before. So it's not over until it's over. Like I wasn't there. I was alive, and that's the beauty of it. Like, you could be down to your last dollar and be a millionaire next week, or you can be a millionaire and be broke in a day. I've seen both happen. So in life, it's never over until it's over.

01:02:16:18 - 01:02:34:10
Speaker 2
So you got to keep that mental fortitude and that composure you always got to keep the composure. That's one thing. I'm a big boxer and a Floyd fought kind of a character I never forget. Like when coming into the court at the end of the fight, then you said Floyd, not really at that point in time, but he's not that fast.

01:02:34:12 - 01:02:59:11
Speaker 2
He doesn't really hit that hard. He wasn't really that very plays, extremely composed. And that's what carry him to the victory stay is the Opposer carried him to the victory. So you just got to be composed like that's that's vitally important. Like keep your emotions at a low level because emotions is going to kill you if you allow, you know, you're going to get taken out of the game.

01:02:59:11 - 01:03:10:11
Speaker 2
And what week highs are below you going to rally. You'll be crying them out like stay even goes great. We'll see what happens. If they goes bad, we'll see what happens. Just keep working.

01:03:10:13 - 01:03:32:25
Speaker 3
And most of the stock market to you know the global thing. Yeah like like quick story. Like when I started investing into crypto, if I would have been able to control my emotions right now, I'd probably be sitting on, you know, so much money because I bought it during the mid 317. I bought bitcoin at 30 some money, you know, and I made a great investment.

01:03:32:27 - 01:03:52:29
Speaker 3
And because I understand it, it went, it kept going up and down in the drop and lost money. You know my emotions maybe pull my money out. But now is like as of that I've learned the game. You got to be able to sink money in it and let it sit and just wait. There's lapis sitting around for, but for about four years and I'm waiting my money.

01:03:53:02 - 01:03:53:26
Speaker 1
I hope.

01:03:53:29 - 01:03:59:26
Speaker 3
Really? So see? Was going to see me flying like coffee. I don't know, but I'll meet you and I'll meet you in ten.

01:03:59:26 - 01:04:08:16
Speaker 1
All for serving on some bitcoin tonight. Our collaborative processes is if I think what I intuition.

01:04:08:18 - 01:04:41:03
Speaker 4
Hello. I just wanted to say thank you to Rashad and Troy for creating this platform for us. I've been following you guys since 2022 and you have between you guys, Aristotle and, the master investor, Ian Dunlap. I have been able to tenax my brokerage account just buying green loans and I question to you guys is and this goes back to a comment that David me a few minutes ago about Bitcoin is an a hundred thousand right now.

01:04:41:05 - 01:04:58:08
Speaker 4
Kind of too late for a lot of us, you know, regular people to get in. Would you recommend us investing in a exchange traded products such as. I bet just to get a little exposure to Bitcoin or with that may not be the best move at this time?

01:04:58:10 - 01:05:19:17
Speaker 3
I think the language is important in that because it's not too late, right? Bitcoin allows you to invest whatever you have. So if you have $100, you can invest in your percentages. Your percentage is a good look at it as a percent. So if your $100 goes up 20% rabbit you've made money. Because it's fractional and that's in node in the stock market as well.

01:05:19:17 - 01:05:38:01
Speaker 3
You can buy fractional shares until you have enough to actually own a share. So it's never too late. And people think, oh, it's 100, I don't have 200,000, I can't invest. Well, if you got 50,000, you can invest and it'll be that decimal decimal, decimal decimal over your ownership. So nope. No, I wouldn't say that it's too late.

01:05:38:04 - 01:06:02:01
Speaker 3
The ETF thing I think is a good way. If people are looking to invest, it's a safe way. Because we know that, Bitcoin is not quote unquote regulated, by the federal government. And so when you invest in products, you want to have that safety of knowing that this is not going to fall off a cliff and there won't be any way to get my money back, or how do I get, you know, I mean, it it's a process, right?

01:06:02:01 - 01:06:30:03
Speaker 3
Like the education around cryptocurrency is its own thing. Like having a ledger or getting it on Coinbase and have a security goals and having catchphrases. There's a whole process. And to own it and have a safe way to do that is, exchange traded fund. I know Bitcoin has one, Ethereum one has one now. And so once you start seeing the United States government and I mean large, large financial institutions, Blackrock for sure investing in that space, it's a good sign.

01:06:30:10 - 01:06:39:14
Speaker 3
And the safest way is probably to that that ETF look like congratulating itself. You on the dollar. So let's see what the model of.

01:06:39:14 - 01:06:50:19
Speaker 1
Today's I was actually gonna go to next. I had a room with this lady ran up on me. I'm next and asked her nothing. It was just I listened. It was.

01:06:50:22 - 01:07:04:01
Speaker 4
Thank you all so much. My name is Natalie. I'm huge fans of all of you. I'm from. I'm asking a question for a friend. He has a health startup. He would like to know if y'all are investing or actively running checks right now. I'm.

01:07:05:02 - 01:07:07:10
Speaker 4
He's a guy, so he couldn't ask.

01:07:07:12 - 01:07:09:16
Speaker 3
Yeah. Oh, he did it. Yeah.

01:07:09:18 - 01:07:14:21
Speaker 1
Yeah. Presently, like tonight.

01:07:14:23 - 01:07:43:02
Speaker 3
No we didn't. I'll see you. A full is here. She's in a funk. Yeah. That's not usually how it works. But congratulations on, and, And that that was a lot. A lot of people have great ideas, and I always tell them, that's great to have an idea. And, yes, I'll be up on stage as an employee, but there are people in this room that are going to have to be as valuable, if not even more valuable to you, because after we leave here tonight, will be back in Houston, in New York.

01:07:43:05 - 01:08:00:13
Speaker 3
But the people in this auditorium right now live in this community. You probably go see them at the supermarket. You might see them, Morales, and you guys going to have meetings on how to build. So you might not need this check if y'all adhered to it tonight. Yeah. I've got a business together and that's something that we always had in cars.

01:08:00:15 - 01:08:11:09
Speaker 3
I'm very close. We come what we call our you don't me because we need to show each other how to work together. So yeah, it's good to look at us and say, oh, these guys must have. Well, they can help with like look to your neighbor because they can help.

01:08:11:12 - 01:08:14:25
Speaker 1
In it looks that.

01:08:14:28 - 01:08:41:01
Speaker 2
We in things I said about that first foreign is some game that we got that was pretty easy for somebody that raised hundreds of billions of dollars from very wealthy people. This is some free game for you guys. If you can do what you want with it. If you want money, ask for advice. If one invites asks for money, you meaning and you go to a rich person, right?

01:08:41:01 - 01:09:01:28
Speaker 2
And you say, like, I got this idea that it and if they hear you out nine times out of ten, I don't give you advice. Now, if you go to a rich person and you say, look. You go to a rich person, you say, I need money. They're going to give you advice. You go to a rich person, you say, I don't, I don't really want any money.

01:09:01:28 - 01:09:20:23
Speaker 2
I just want you to just hear me out. Right? Like, what am I doing wrong? You have expertise, Larry. You have expertise in the hospitality industry, and you establish yourself as one of the top entrepreneurs in New Orleans. And I want to start a food truck like, this is what I'm doing, right? But my presentation, I have over a seat.

01:09:20:25 - 01:09:41:23
Speaker 2
He's gonna be like, damn, I need you to do this psychologically, right? I'm asking which you thinks runs away from you. Right? So when you chase money is going that is going to run fast in a way for you never chase the model. So I'll come to you with the idea. I'm laying it out. It's it's beautiful presentation in a deck.

01:09:41:23 - 01:10:03:04
Speaker 2
Everything is official. You're going to say I want to get it. Can I get a ball? I might be, I might be able to get you involved. I got to talk to the other people. Like this circle back in two weeks, and let's see if you can actually find a way on the card to you. As opposed to me, say, like, I need $100,000 to start a business.

01:10:03:06 - 01:10:24:20
Speaker 2
It's not appealing to you because you already know that I'm in a desperate situation and psychologically it puts you in a disadvantage. That's that's the first thing I'll say about that. Second thing is that even asking for money, how you always kind of start with an MVP, something that you can actually go right in a little more bang to prompt.

01:10:24:21 - 01:10:46:17
Speaker 2
So it's like from a food perspective, instead of starting a restaurant, start a ghost kitchen or start a food truck, or start a catering business, right? Because then you work your way up the ranks to the point where you go through every part of the process to a point where you might not actually need that money. Or when you do get the money, you'll be better off, as opposed to starting out a position right away.

01:10:46:17 - 01:11:21:14
Speaker 2
When you need money, that's going to be your business. Even if you don't get the money because you have. You skipped so many steps. So I so entrepreneur all the time. Getting money is the last part of the process, not the first part. And the third thing is that if you if you really have went through the process and you have done all of that, then hey, try it right, try to try to network and if you have the opportunity, but how you go about asking for money is going to determine if you're going to get the money.

01:11:21:14 - 01:11:39:27
Speaker 2
That's how you should really, really think of the completed discouragement if you just if you have. I just I didn't send people for money. No way of getting any money. You got to think that this isn't for me or I'm not to like me. But sometimes the way you're doing it is just not the correct with it.

01:11:39:29 - 01:11:57:03
Speaker 3
And and I think, you know, like a lot of people want to get investments but don't know how or what they're going to do with it. All they know is they want to go to a company. So when you go out to somebody, you want to get some money, but, you know, you may end up burning the bridge because you don't really know how you're going to scale this company.

01:11:57:11 - 01:12:17:08
Speaker 3
All you know is that you want to start a company and you want to open it up. But if that fails, you burning a bridge and not saying that you know, you can't do what I did and it just don't work. But you like, you don't want to leave with money. And I think, you know, it is more appealing when you know you can see a company passionate and growing.

01:12:17:11 - 01:12:43:08
Speaker 3
It makes you want to invest. Not I'm dressing it up. I'm starting off on a food truck and, you know, fighting it and making it look good. It would make somebody like myself say, no, man, you know, let's open up a spot. Because at this point, you know, I'm not trying to continue just to create these concepts like I want to invest, you know, partner and do things like that to, you know, scale up or maybe buy a restaurant in order to, not have to start all over, you know?

01:12:43:08 - 01:13:00:11
Speaker 3
So, I think that's been a great strategy because I get a lot of people that want to invest, and I haven't taken on any investments. And the fact that I haven't, it makes, you know, even when I had the conversations and I don't, you know, accepting the offers, it makes them, you know, want to continue to add to me.

01:13:00:11 - 01:13:21:02
Speaker 3
So it's a good position to be in where you, you know, sometimes just don't live with that. And you put that on the banking because I know now if I want to taste or take on some investments, you know, I could probably, you know, if I start raising finance, if I could probably, you know, raise, you know, tens of millions, you know, just by really not just keeping it exclusive, you know.

01:13:21:04 - 01:13:23:23
Speaker 1
The. Okay. Brooklyn.

01:13:23:25 - 01:13:38:22
Speaker 4
Good evening. Shout out to Nelly because you may shout at every shot you don't rate. So my question is, how do you determine what information, that you have that you want to give away as opposed to what information you want to charge for.

01:13:38:24 - 01:14:07:13
Speaker 2
Is public school, private school? I went to public school and I went to private school. So I realized that the difference our public school is free very much on YouTube, Spotify, Apple, Instagram, and millions of information, with information. But in any public school setting, there's going to be 30 kids in the class. 35 kids. You can't have a hands on learning experience, but you can still be successful.

01:14:07:16 - 01:14:32:23
Speaker 2
Anyway, I need to go to private school, be successful. So if you want free information, we give you free information is relatively the same information. But if you want a hands on learning experience, that's something that we can curate. Well that's and early university that's that's an app that we've developed right where you might have droid teaching options, but he's teaching it to 20 people or 200 people or whatever.

01:14:32:23 - 01:14:58:22
Speaker 2
But they get to ask him questions. And it's a community. And we actually see the thing about school is that it's a good model. It just hasn't been updated. Like as far as how they have a structured way like school colors, mascots, the groups inside of it, it's actually a brilliant model that has been developed. It just hasn't been updated to 2025.

01:14:58:29 - 01:15:20:05
Speaker 2
So now everything that they don't teach teacher school gives us, it gives us an opportunity because we can teach it in a better, more efficient manner for a fraction of the cultural cost, of course. Right. So as far as like what do we determine? We teach the same thing. What is the experience that's different? And like I say, you can get a regular experience and that's fine.

01:15:20:07 - 01:15:26:12
Speaker 2
But if you want a more hands on learning experience when we have that for you as well.

01:15:26:14 - 01:15:31:18
Speaker 3
The, I'll make it as brief as possible, right? So, I mean, if you go watch Monkey Mondays.

01:15:31:20 - 01:15:42:18
Speaker 1
You you know what I say that we watch for the Monday. I'll do it. On whether the kid.

01:15:42:20 - 01:15:59:23
Speaker 3
It market Mondays is is, The simplest way to put it is as a what to write. Are you lazy universe is a how to write. So like you might hear me talk about those stocks, you might hear me talk about an ETF may or about these are the what's right I'm doing the information I think I on this.

01:15:59:25 - 01:16:15:23
Speaker 3
This is why I should keep you on this inside of the here's why we're watching you. Here's what we're watching for. Here's what we're actually going to execute. When it gets to a point where I think we should invest. So yes, that public information is key. The private one to say, all right, now this is going to change your wealth strategy.

01:16:15:23 - 01:16:20:04
Speaker 3
It is going to change your wealth plan. This is how you tennis your money chart again.

01:16:20:06 - 01:16:25:15
Speaker 1
All right I one more I'm this.

01:16:25:17 - 01:16:41:08
Speaker 4
Eight guys. My name is Valentine. My question is, are you guys manifesting or thinking that you will will ever be an IPO? And if so, do we get first? It's.

01:16:41:10 - 01:16:50:05
Speaker 3
It's a goal. It definitely is a goal. It's,

01:16:50:07 - 01:17:07:12
Speaker 3
I think we got the three letters that make sense. All right. Yeah, yeah, yeah, it's definitely a though, and it's discouraging when we look at the amount of black owned companies that are publicly traded. But again, these are opportunities for us to say, all right, well, we have an opportunity to change that. And I think we have the brand that can do that.

01:17:07:12 - 01:17:32:03
Speaker 3
And it's interesting, if you look at all the companies out of the 5000 you've never watched, one that was in its infancy stages when it began. Right. Like we saw Matter after we had already been using Facebook for public. Right. You watch for my dad, you know, write to us creating any of these university to us creating our merge brand to us, creating investors to us.

01:17:32:03 - 01:17:52:14
Speaker 3
Now having it was going to be a New York Times bestselling. But you watch all these things and you've watched us build different assets. You literally watch that company be built to eventually become a publicly traded company. We're now all the people support you now, all the piece of it. I think it'd be the greatest story in the history of American, about the stock market.

01:17:52:14 - 01:17:53:01
Speaker 3
I think so.

01:17:53:01 - 01:18:20:16
Speaker 1
Thank you for spending time with us and for being a part of the Baldwin Co community. Every listen helps to keep the conversation alive. So thank you for listening. And if you believe in the work that we're doing, building literacy, nurturing curiosity and investing in our city, please, please, please consider supporting to the Bone and Co Foundation. You can go on to that Bco foundation at org.

01:18:20:16 - 01:18:40:06
Speaker 1
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01:18:40:07 - 01:19:01:17
Speaker 1
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01:19:01:22 - 01:19:20:01
Speaker 1
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