Speaker 1: Earners.
Speaker 2: What's up.
Speaker 3: You ever walk into a small business and everything just
Speaker 3: works like The checkout is fast, the receipts are digital,
Speaker 3: tipping is a breeze, and you're out the door before
Speaker 3: the line even builds. Odds are they're using Square. We
Speaker 3: love supporting businesses that run on Square because it just
Speaker 3: feels seamless. Whether it's a local coffee shop, a vendor
Speaker 3: at a pop up market, or even one of our
Speaker 3: merch partners, Square makes it easy for them to take payments,
Speaker 3: manage inventory, and run their business with confidence, all from
Speaker 3: one simple system. If you're a business owner or even
Speaker 3: just thinking about launching something soon, Square is hands down
Speaker 3: one of the best tools out there to help you start, run,
Speaker 3: and grow. It's not just about payments, it's about giving
Speaker 3: you time back so you can focus on what matters
Speaker 3: most Ready. To see how Square can transform your business,
Speaker 3: visit Square dot com backslash go backslash eyl to learn
Speaker 3: more that Square dot com backslash, go backslash eyl. Don't wait,
Speaker 3: don't hesitate. Let's Square handle the back end so you
Speaker 3: can keep pushing your vision forward. This episode is brought
Speaker 3: to you by P and C Bank, a lot of
Speaker 3: people think podcasts about work are boring, and sure, they
Speaker 3: definitely can be, but understanding of professional's routine shows us
Speaker 3: how they achieve their success little by little, day after day.
Speaker 3: It's like banking with P and C Bank. It might
Speaker 3: seem boring to save, plan and make calculated decisions with
Speaker 3: your bank, but keeping your money boring is what helps
Speaker 3: you live or more happily fulfilled life. P and C
Speaker 3: Bank Brilliantly Boring since eighteen sixty five. Brilliantly Boring since
Speaker 3: eighteen sixty five is a service mark of the PNC
Speaker 3: Financial Service Group, Inc. P and C Bank National Association
Speaker 3: Member FDIC.
Speaker 2: What's the biggest scam in investing.
Speaker 1: SPACs? For one, A lot of those are dead. Y'all
Speaker 1: want me to go here, please? I think people who
Speaker 1: put funds together that don't have credibility or backing from
Speaker 1: higher institutions that provide safety to our community. I'll leave
Speaker 1: it that. Y'all can cut it out if y'all want to.
Speaker 1: But it's too much of it going. You can cut
Speaker 1: it out. It's be a clippable moment. But I think
Speaker 1: that's the reading the tea leaves. I don't want no
Speaker 1: drama no, but I'm being honest, like even on the
Speaker 1: spack side, even on the gofundmes to all that, Like,
Speaker 1: I think it's it's been too much capital raised and
Speaker 1: an easy environment to sell returns that are not likely
Speaker 1: from even major firms.
Speaker 2: So so who you were referring to, Jay Morrison? That
Speaker 2: who you're referring to.
Speaker 1: When I said it two years in going Vegas, my
Speaker 1: mic got cut. So no, no, no, no, that was
Speaker 1: the thing. It was technology from that other company.
Speaker 2: Well, I think I think it's a teachable moment. Look,
Speaker 2: you know, it's one of these things right where I
Speaker 2: mean it's teachable moment. And I think that he I believe.
Speaker 2: I believe he was in over his head and did
Speaker 2: things and acted off of ego from I don't know
Speaker 2: him personally, I met him three times in my life,
Speaker 2: but it seemed that he had tremendous ego and a
Speaker 2: lot of times when ego leads, when you lead with ego,
Speaker 2: you fall into trouble, right, And then you you tried
Speaker 2: to make up for your your mistakes with more ego
Speaker 2: and more pride, and that just leads you into more mistakes, right.
Speaker 2: And I think that you have to be extremely careful
Speaker 2: when taking people's money. I never took anybody's money as
Speaker 2: a financial avisit. I was the first thing I always
Speaker 2: told people was that you're not writing a check to
Speaker 2: shot me. Nobody ever wrote a check to Rashad blow
Speaker 2: Fund or Rashad Balau Incorporated. I was an intermediate person
Speaker 2: that would invest your money for you, infidelity, in black Rock,
Speaker 2: in different mutual funds, life insurance, yeah, Frank Temple and
Speaker 2: stuff like that, exactly. I was never responsible for actually
Speaker 2: personally pushing the button and moving money around for people
Speaker 2: and going into that bank accounts and different things of
Speaker 2: that nature. So that's the first thing I tell people
Speaker 2: is that when you're investing money, I'm not really a
Speaker 2: big fan of investing money with a person. Yeah, right,
Speaker 2: if you buy real estate, you should you should be
Speaker 2: able to buy real estate direct. Now, not to say
Speaker 2: that there are some crowdfunding platforms that have been successful, yes,
Speaker 2: not to say that every single crowdfunding platform is a scam,
Speaker 2: but that's one of the that's one of the things
Speaker 2: I think that you can learn from this lesson because
Speaker 2: whatever happened, it's already happened. But it's like, how can
Speaker 2: we avoid these type of situations from happening again. Right,
Speaker 2: So as a consumer, I think that that's something that
Speaker 2: you should be aware of, is not to invest money
Speaker 2: directly as opposed to, you know, having it done independently
Speaker 2: or something that you're actually in control over. And I
Speaker 2: mean I gave a Ted talk actually a few years ago,
Speaker 2: and I said that you know, anybody that miss misappropriates
Speaker 2: or abuses the trust of the peace people, they said,
Speaker 2: it's gonna be held accountable. Not my job. I'm not
Speaker 2: the police. I don't. I don't do the work of
Speaker 2: the police because I'm not on pension. Right, you're not Chicago, Yeah,
Speaker 2: I'm not. I'm not. I don't talk to the police.
Speaker 2: A lot of a lot of people do, but I don't.
Speaker 2: It's just personally the way that I was raised. I
Speaker 2: don't talk to police and I don't do police work.
Speaker 2: So don't ask me about Diddy because I don't know anything.
Speaker 2: Tell you, right, And it's not my job to expose
Speaker 2: the breaking scam artists of the decade.
Speaker 1: But ultimately we got an obligation to protect people from
Speaker 1: the bullshit though.
Speaker 2: They're going to get exposed themselves, right, And it's always happened,
Speaker 2: It's never That's why I said, I said this six
Speaker 2: months ago, that there's no benefit of scamming somebody. Yeah,
Speaker 2: and a lot of some people didn't fully understand. They're like, well,
Speaker 2: the benefit is that you make money. What I mean
Speaker 2: by that is that over the course of the time,
Speaker 2: you're going to lose. You're going to lose more money
Speaker 2: than you made, You're going to be sued, your reputation
Speaker 2: is going to be disminished, and you might even actually
Speaker 2: go to jail. So there's no benefit of it. Journey
Speaker 2: made off is the biggest He's running the biggest scam
Speaker 2: that we've seen, right, and he ended up dying in jail.
Speaker 2: There's no benefit in it, That's what That's what I'm
Speaker 2: trying to say. So, yeah, I mean, I'm not the
Speaker 2: judge and jury here and I'm not a detective. But
Speaker 2: if you will be held accountable by the people that
Speaker 2: you and see your situation, I don't need to hold
Speaker 2: you accountable. The people are going to hold you accountable.
Speaker 2: And that's stronger than my voice. Ten thousand voices are
Speaker 2: stronger than just my one voice. Right, So there's a
Speaker 2: learnable experience for this whole thing, and it's it's unfortunate,
Speaker 2: and you know it's it's something that unfortunately is gonna
Speaker 2: happen again. It's human nature. It always happens. It always
Speaker 2: happens over the course of time. But in the future,
Speaker 2: I would advise anyone that is considering ego pride getting
Speaker 2: a quick buck, I would highly advise you against it.
Speaker 2: You can do whatever you want, you can disregard what
Speaker 2: I'm saying, but if I were you, I would just
Speaker 2: I would advise you not to go that route because
Speaker 2: ultimately I don't think that it's beneficial. I don't think
Speaker 2: that's worth it, and I think that you will. You
Speaker 2: will pay a tremendous price for your transgressions.
Speaker 1: Yeah. Also, they're no shortcuts. Like Secondly, if anyone approaches
Speaker 1: you with anything, have them make you money for free.
Speaker 1: That's always putting it. If I made you money, please
Speaker 1: put y in chat. Most of y'all who made money
Speaker 1: for me, you made it for free. So I have
Speaker 1: no issues with our brother. Wish him well. There's a
Speaker 1: lot of great things you can learn from him on
Speaker 1: the marketing side, but you've got to deliver that actual return.
Speaker 1: So y'all be careful. But also as a community, we
Speaker 1: have to stop wanting the easy sensational thing.
Speaker 3: Yah.
Speaker 1: I don't like it when I say fifty pages, eighty pages,
Speaker 1: study the market twelve hours a day, y'a'll be like
Speaker 1: fuck that okay, cool shortcuts, short results. Man. So prayers
Speaker 1: to everybody. I want no drama, no smoke. If you
Speaker 1: see this, please don't think that I'm on that I
Speaker 1: don't have time for it. I'm cool. But go master craft.
Speaker 1: Go master your craft.
Speaker 4: An illegal alien from Guatemala charged with raping a child
Speaker 4: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 4: accused of murdering a Texas man of Venezuelan charged with
Speaker 4: filming and selling child pornography in Michigan. These are just
Speaker 4: some of the heinous migrant criminals caught because of President
Speaker 4: Donald J. Trump's leadership. I'm Christy nom the United States
Speaker 4: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 4: crossings are at the lowest levels ever recorded, and over
Speaker 4: one hundred thousand illegal aliens have been arrested. If you
Speaker 4: are here illegally, your next you will be fine nearly
Speaker 4: one thousand dollars a day. Imprisoned and deported, you will
Speaker 4: never return. But if you register using our CBP home
Speaker 4: app and leave now. You could be allowed to return legally.
Speaker 4: Do what's right. Leave now under President Trump, America's laws
Speaker 4: and families will be protected.
Speaker 1: Sponsored by the United States Department of Homeland Security,