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Speaker 1: What's up at Angela Yee. I'm Angela Yee and I'm

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Speaker 1: here with my Wealth Wednesday partners Stacy Tisdale.

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Speaker 2: Happy Wealth Wednesday. Everybody.

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Speaker 3: We are closing in on year and I think this

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Speaker 3: is episode forty eight. Oh wow, Wealth Wednesday.

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Speaker 1: You know, yeah, this show has we started in February,

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Speaker 1: so that makes sense.

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Speaker 2: Yeah, almost, So we're very excited.

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Speaker 3: So for this very special occasion, we had to have

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Speaker 3: a very special guest and we have George Archimpong.

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Speaker 4: Thank you so much, glad to be here, Honored to

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Speaker 4: be here, Thank you guys for having me.

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Speaker 1: And he got us smelling good with his equity by

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Speaker 1: melanin Money unisex fragrance, fragrance.

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Speaker 4: So for the guys and the girls.

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Speaker 3: George is gonna teach us a lot about investing in

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Speaker 3: making money. But we have established that if you're going

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Speaker 3: to ask people for money, you gotta smell good. So

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Speaker 3: we'll get to that for sure.

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Speaker 2: But you are a big deal.

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Speaker 3: You're the co founder of Melon and Money and melonon

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Speaker 3: Money has an incredible mission which you're going to tell

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Speaker 3: us all about. You're all so the founder of Capitalized

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Speaker 3: Capitalized capital Wise, which is a financial advisory and investment firm.

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Speaker 3: But you were named by Forbes as financial advisors to

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Speaker 3: watch in twenty twenty three. You have all sorts of

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Speaker 3: stuff going on, and I know you just had the

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Speaker 3: first annual Melon and money.

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Speaker 4: Yes, yes, yes, exciting stuff, exciting stuff. So now we

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Speaker 4: just had it. It was great. Our overall mission as

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Speaker 4: a company is to help one hundred thousand people of

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Speaker 4: color achieve their first one million in net worth, so

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Speaker 4: we can decrease the wealth gap by one hundred million dollars.

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Speaker 4: How long that's going to take us, I don't know,

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Speaker 4: ten to fifteen years, but we're committed to the mission, right,

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Speaker 4: And yeah, so we had The purpose of the awards

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Speaker 4: show is to like, I feel like a lot of

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Speaker 4: people haven't gotten celebrated since they left high school, right,

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Speaker 4: or unless they went to college. And so when you

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Speaker 4: make that contribution to your roth, I right, nothing happens,

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Speaker 4: No one claps for you, right. So I think if

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Speaker 4: we want to see more people build wealth, we need

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Speaker 4: to incentivize them, we need to celebrate them. And so

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Speaker 4: every year we're going to be showcasing the milestone. So

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Speaker 4: this year we announced that our community has already collectively

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Speaker 4: accumulated over sixty million in new networth just to hear alone.

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Speaker 1: So that's amazing. I want to ask you this as

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Speaker 1: we're thinking about the future as a financial advisor, because

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Speaker 1: I tell people all the time, you know that you

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Speaker 1: need to get with the financial advisor. My friends will

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Speaker 1: ask me. I'm like, you need a financial advisor. I

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Speaker 1: don't want to. But one thing I want to ask

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Speaker 1: you about is people are talking about twenty twenty four,

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Speaker 1: and so do we look at this now as a

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Speaker 1: time of great opportunity? How do we know what's going

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Speaker 1: to happen. There's a lot of people who are really

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Speaker 1: frantic with concern about will I be able to afford

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Speaker 1: or is this the perfect time? Is there going to

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Speaker 1: be a crash? Is it a depression? And I know

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Speaker 1: nobody knows one hundred percent the answer, but what do

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Speaker 1: you feel like? What from based on numbers and predictions,

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Speaker 1: what do you see twenty twenty four as an opportunity

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Speaker 1: for Yeah?

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Speaker 4: I think first and foremost everybody needs to do an

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Speaker 4: audit of what they're doing currently, right because I feel

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Speaker 4: like you can't determine where you want to go if

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Speaker 4: you don't know where you are, And so once you

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Speaker 4: do an audit kind of look at your your spending,

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Speaker 4: your track record, what you've done, that's going to let

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Speaker 4: you know what available assets or cashflow. You have to

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Speaker 4: take advantage of opportunities. Right, what I think we are

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Speaker 4: going to see housing prices actually probably go up a

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Speaker 4: little bit in twenty twenty four because we expect rates

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Speaker 4: to go down, and so that's gonna increase the demand

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Speaker 4: in terms of people wanting to get back into the

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Speaker 4: housing market.

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Speaker 1: And there's a lot of people wanting to buy and

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Speaker 1: not enough inventory.

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Speaker 4: Round though inventory, right, so that's gonna that's gonna further

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Speaker 4: exacerbate the demand issue, which I think is going to

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Speaker 4: drop prices up. But what we what we can find

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Speaker 4: is that if you have the opportunity before rates continue

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Speaker 4: to go to go down, is to go ahead and buy,

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Speaker 4: even if it seems like, man, this is a little

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Speaker 4: bit more expensive then I normally would would get. It's

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Speaker 4: only gonna go up, right, So as long as it's

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Speaker 4: within your budget. Right now, I'm not telling you about

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Speaker 4: something's out of your budget, But as long as it's

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Speaker 4: within the realm of your budget, even if it's slightly

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Speaker 4: close to the top, I would still advise if getting

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Speaker 4: a house is something that you want to do, to

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Speaker 4: go ahead and.

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Speaker 1: Do that, it'll be too competitive.

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Speaker 4: It'd be way too competitive. Rates are going to go down,

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Speaker 4: housing prices are going to go up. Supplies already still low.

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Speaker 4: But at the same token, when you do that audit,

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Speaker 4: if your numbers tell you that regardless of what the

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Speaker 4: rates are doing, regardless of what the market is doing

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Speaker 4: right now, maybe buying a house at this moment isn't

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Speaker 4: for me. You just have to base it off of

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Speaker 4: where you are. Right as far as it being a

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Speaker 4: crash or I mean the stock market, in the markets

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Speaker 4: in general, I would say buying larger rig to stay

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Speaker 4: up right. So it's like, I think that you can't

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Speaker 4: win the game if you're not in the game, right,

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Speaker 4: So can we predict if somebody makes an investment in

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Speaker 4: the stock market real estate the top of the year,

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Speaker 4: if the market is going to crash. Everybody thought that

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Speaker 4: in twenty twenty three, right, And one of my portfolios

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Speaker 4: is up almost seventy percent on the long term. So

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Speaker 4: it's like, why would I not be in the game,

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Speaker 4: especially if I know I'm going to be there for

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Speaker 4: an extended period of time. You might see ebbs and

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Speaker 4: flows in twenty twenty four. But if you plan to

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Speaker 4: own for the foreseeable future, I recommend staying in the game.

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Speaker 3: Something that we had talked about is it's really exciting

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Speaker 3: how many more blacks and people in our community you're

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Speaker 3: into wealth building and stock market investing. It's a little

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Speaker 3: different for us because a lot of those people are

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Speaker 3: first generation wealth. They've a lot of them are new

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Speaker 3: to investing, so they've never seen a down market before. Yeah,

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Speaker 3: and just to back up and give everybody a little

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Speaker 3: bit of economics one oh one. I got really frustrated

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Speaker 3: last year when I was hearing everybody talk about there's

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Speaker 3: going to be a recession, there's going to be this,

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Speaker 3: there's going to be that, when we weren't even if

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Speaker 3: they had people had the track record and had been

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Speaker 3: in the markets for decades and seeing that this that

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Speaker 3: was just not happening. Then as a country, we've gotten

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Speaker 3: used to really cheap money over the past couple of

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Speaker 3: long and we just had this little blip and it's

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Speaker 3: getting cheap again. So how do you A lot of

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Speaker 3: what you and Angela were touching on is that whole

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Speaker 3: stock markets out here, a lot of us seem to

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Speaker 3: think we need to be rich and have those assets

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Speaker 3: to have.

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Speaker 2: A financial advisor. How do you work around that?

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Speaker 4: Well, someone's like this, if you were learning how to drive,

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Speaker 4: We're seeing if you were somebody's going to give you

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Speaker 4: a a Mercedes, right, would you want to learn how

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Speaker 4: to drive the car before you got it or after

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Speaker 4: you got it? You probably want to learn how to

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Speaker 4: drive before you got it, right. This was the same

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Speaker 4: thing peopleought, well, I'll wait till I get money before

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Speaker 4: I learned how to invest. That doesn't make any sense, right,

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Speaker 4: because you want to understand the fundamentals and also have

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Speaker 4: to understand that you are who you are. So if

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Speaker 4: you're not a good steward over one hundred dollars, you're

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Speaker 4: not going to be a good steward over a thousand.

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Speaker 4: You're not gonna be a good steard over one hundred.

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Speaker 2: Is it?

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Speaker 4: Money is just a amplifier, right, And so people need

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Speaker 4: to get a plan in place so that when the

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Speaker 4: money starts to come, they actually know what to do with.

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Speaker 4: I think one of the biggest issues we see is

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Speaker 4: there are some people who get wind falls of money

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Speaker 4: and the reason why just sitting in the bank because

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Speaker 4: they don't know what to do it, and I feel

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Speaker 4: like that's almost just as bad as not having it

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Speaker 4: at all. Right, you actually have the opportunity to do

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Speaker 4: something with it, but you're on the sidelines because you

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Speaker 4: don't know what to do.

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Speaker 3: Right.

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Speaker 4: So I think that regardless of where you are in

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Speaker 4: your journey, because it doesn't have to be Some advisors,

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Speaker 4: you know, have minimums of if you can only work

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Speaker 4: with them they have a quarter million. But there's plenty

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Speaker 4: of advisors and plenty of educational ecosystems that you can

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Speaker 4: tap into to be able to get some type of

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Speaker 4: plan in place, because you want to have that plan

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Speaker 4: established before the money comes or as you're getting started,

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Speaker 4: so that you can establish that foundation.

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Speaker 1: For people who are looking for a financial advisor, what

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Speaker 1: are some things that they should look for as they're

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Speaker 1: doing their research.

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Speaker 4: That's a great question, no one that's not asked enough

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Speaker 4: quite frankly. Number one, are they a fiduciary? And all

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Speaker 4: that means is do they have a legal obligation to

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Speaker 4: do it in your best interests? Right? So that's what

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Speaker 4: I am. Even Google me, you can look me up, like,

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Speaker 4: I have to do this in my client's best interest

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Speaker 4: because some advisors operate from a suitability clause, meaning like, well,

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Speaker 4: you had your money in the bank account is earning

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Speaker 4: point zero one interest, and now it's in a CD

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Speaker 4: and it's earning two percent. So technically that puts you

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Speaker 4: in a better situation than it was before, but not

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Speaker 4: the best outcome. Right, So asking are they a fiduciary

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Speaker 4: is the first thing, and you can verify this. You

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Speaker 4: can look up look their name upon the SEC website

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Speaker 4: and all that kind of stuff. Number two, you want

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Speaker 4: to ask them situational based questions to see how they respond.

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Speaker 4: Right If they give you cookie cutter answers like oh,

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Speaker 4: just only invest in S and P five hundred when

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Speaker 4: you know that you've seen other ways to invest and

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Speaker 4: get higher yields, it's like, okay, well, I understand that

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Speaker 4: that's something that I could do if I didn't have

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Speaker 4: an advisor, But what would you do as my advisor?

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Speaker 4: If they can't give you an answer beyond what you

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Speaker 4: can google, then I lets you know that they're probably

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Speaker 4: not going either they don't know what they're talking about,

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Speaker 4: or they're going to put you in a cookie so

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Speaker 4: exactly right, And so those are the top two questions.

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Speaker 4: Is being able to ask them like situational specific questions

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Speaker 4: about what would they do in this scenario, and then

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Speaker 4: finding out if they're actually a fiduciary, which means they

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Speaker 4: have a legal obligation to do with serial mestaenter.

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Speaker 1: Let's say somebody's goal is to buy their first house.

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Speaker 1: Since we were just talking about real estate, what are some

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Speaker 1: things that you would tell them to do to get

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Speaker 1: ready for that.

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Speaker 4: That's a great question. The first thing I would do

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Speaker 4: is I would make sure that you have done an

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Speaker 4: evaluation of your credit, because now you're probably not going

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Speaker 4: to buy the house cash, right unless you got it

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Speaker 4: like that?

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Speaker 1: It depends on where yeah yeah where right?

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Speaker 4: Yeah? Buy yah in the Midwest like that. Yeah, But

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Speaker 4: if you aren't buying the house of cash, then you

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Speaker 4: probably want to make sure that your credit is in

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Speaker 4: a decent place. Right. Then you want to make sure

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Speaker 4: that you know your own personal that the income racial

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Speaker 4: because the bank will tell you like you can afford this,

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Speaker 4: well you think about the expenses and other things that

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Speaker 4: you're responsible for. You want to predetermine how much hell

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Speaker 4: you feel comforted.

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Speaker 3: How a lot of people got in trouble and what's

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Speaker 3: housing Just a good rule of thumb is you should

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Speaker 3: never spend more than thirty percent.

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Speaker 4: That's what I was going to say.

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Speaker 2: If you're after income on any housing ex yes, so.

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Speaker 4: They'll tell you, the bank will tell you. You know that

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Speaker 4: you can afford more, but it might not make sense

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Speaker 4: for you, right, So making sure that you predetermine what

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Speaker 4: your idea that the income ratio is, and then also

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Speaker 4: think about the other things, right, Like you're probably gonna

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Speaker 4: get some new furniture, so like factor in the full

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Speaker 4: budget of like what is it I need to do

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Speaker 4: because some people feel like it's just the house is No,

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Speaker 4: it's not the house, whole lot of things cost of ownership, right,

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Speaker 4: So just really do that analysis, do that budget to

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Speaker 4: figure out like what makes sense for you, to make

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Speaker 4: sure that you understand that you don't get too much house.

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Speaker 4: And now it's like I can't do anything and I

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Speaker 4: can't travel like we talked about offline because I don't

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Speaker 4: have any extra resources.

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Speaker 1: What are some options for people who need access to cash? Now,

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Speaker 1: Like let's just say you did get yourself in a

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Speaker 1: situation where you made that type of investment into a house,

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Speaker 1: but now I've run out of money. Yeah, right, and

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Speaker 1: so there's a lot of different options that people have

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Speaker 1: as far as accessing a line of credit or what

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Speaker 1: are some things that people can do if they find

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Speaker 1: themselves in a situation where Man, I've run out of

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Speaker 1: money and I have to be able to pay my

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Speaker 1: contractor or I have to be able to pay for

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Speaker 1: this new windows that are being delivered.

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Speaker 4: One hundred percent. Like, if you have decent credit right

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Speaker 4: then you can typically, you know, especially if you have

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Speaker 4: a banking relationship with your bank, you can access you know,

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Speaker 4: different lines of credit or credit cards to be able

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Speaker 4: to subsidize or maybe slightly more abstract answer, if someone

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Speaker 4: is a working professional is looking for to bring additional

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Speaker 4: income into the household. I always tell people, even if

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Speaker 4: you don't know anything about entrepreneurship, there's millions to be

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Speaker 4: made in the middle. And what I mean by that

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Speaker 4: the whole economy is set up off this premise. There's

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Speaker 4: a buyer, a builder, and a broker, someone who makes something,

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Speaker 4: someone who wants to buy in a person or something

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Speaker 4: in the middle to connect both people. So even if

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Speaker 4: you don't know much about entrepreneurship, you can find a

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Speaker 4: sweet spot to where hey, look, I know somebody who

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Speaker 4: wants this, right, I know somebody who can make this,

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Speaker 4: and how can I connect both people to be able

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Speaker 4: to extract some income and some resources from that? So

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Speaker 4: I think I would encourage people to look into things

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Speaker 4: like even social media management, right, or content creation. You

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Speaker 4: can get people on fiver to create short reels and clips.

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Speaker 4: Fore everybody everybody's into content creation. Now get it done

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Speaker 4: on five or for twenty bucks, and then charge the

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Speaker 4: person five hundred dollars, right, and you don't have to

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Speaker 4: be the creator. So just finding those ways where it's like,

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Speaker 4: how can I be creative in making money so that

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Speaker 4: I don't even have to leverage credit if I don't

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Speaker 4: want to.

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Speaker 2: How did you get into all this?

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Speaker 3: You're a black financial advisor, licensed everything.

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Speaker 2: It's not an easy thing to be.

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Speaker 4: Yeah, I'll try to give you the short answer. So

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Speaker 4: I grew up like many people, not knowing about money,

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Speaker 4: and so I went When I went to college, I

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Speaker 4: got a double major in marketing and economics. I had

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Speaker 4: no intention of leveraging the economics degree for a career.

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Speaker 4: I just wanted to understand money and help my family.

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Speaker 4: I graduated O nine. If anybody knew what the economy

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Speaker 4: looked like at OH nine. There were no marketing jobs

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Speaker 4: available at O nine job but in the finance space

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Speaker 4: because everybody was getting laid off because they caused the crash.

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Speaker 4: They were like, hey, we got some openings over here.

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Speaker 4: I thought it was a job, but it was really

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Speaker 4: one hundred percent commission job, right, So I had to

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Speaker 4: like essentially meet what I killed. But I thought I

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Speaker 4: was about to get a paycheck. Two weeks roll around,

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Speaker 4: I was like, I didn't get a check, Like, oh,

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Speaker 4: you don't get a check until you bring in clients.

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Speaker 4: I was like, oh.

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Speaker 1: Yeah, no, little situation from them.

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Speaker 4: Yeah. So I got in and then I was the

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Speaker 4: company I was working for. They told me to do

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Speaker 4: this exercise called Project two hundred, and basically it's like

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Speaker 4: list out two hundred people that you would want to

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Speaker 4: trade paychecks with, people who have a lot of money,

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Speaker 4: people who have this amount of investment assets. And I

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Speaker 4: couldn't think of like two people. So I was like, oh, okay, well,

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Speaker 4: it seems like wealth management is not made for people

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Speaker 4: to look like us. But I knew that couldn't be true.

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Speaker 4: So I was like, how can I create a path

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Speaker 4: to where I can educate and serve and meet people

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Speaker 4: where they are, and so I then left that firm

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Speaker 4: and ultimately started my own firm, and then from there

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Speaker 4: I started a firm that allowed people to realize that

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Speaker 4: wealth can look like them too, And so I didn't

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Speaker 4: focus on the asset side. Originally, I focused on people

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Speaker 4: who made a decent living and had a little bit

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Speaker 4: of a surplus and could start investing in start building wealth,

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Speaker 4: versus focus on people who already had the money, and

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Speaker 4: then from there that just continue to grow and then

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Speaker 4: ultimately into what I have now with the melon and

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Speaker 4: money ecosystem as well.

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Speaker 3: Tell us about melon and Money ecosystem in this second.

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Speaker 3: But first this guy's investment portfolio. He was just saying

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Speaker 3: he works with people who have little bits to spend.

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Speaker 3: He's outpaced Warren Buffett. I mean, that's why he's getting

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Speaker 3: all this attention Forbes and everything. You are the real

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Speaker 3: the real deal.

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Speaker 2: Is always.

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Speaker 4: A lot of a lot of business. Especially over the

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Speaker 4: past like three years, it's been it's been interesting.

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Speaker 2: How do you what do you tell people?

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Speaker 3: Like, how do they there's so many coaches and so

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Speaker 3: many influencers, how do they weed out those that don't

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Speaker 3: have the track record and should not be giving out

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Speaker 3: financial advice.

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Speaker 4: Yeah, I think it's it's rooted in due diligence, right,

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Speaker 4: It's like, I mean the Internet is great, Well, the

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Speaker 4: Internet has given the curse right in a sense that

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Speaker 4: anybody can have a platform, but also anybody can have

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Speaker 4: a platform, so you have to kind of just go

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Speaker 4: behind the covers, you know, And and is their proof, right?

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Speaker 4: Have they helped other people? Is there documented results that

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Speaker 4: they've gotten for other people, not just themselves, because often

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Speaker 4: what you see is the results they were able to

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Speaker 4: from themselves after selling information, taking the money that they

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Speaker 4: got from selling information, and then doing the thing that

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Speaker 4: they told everybody else to do. So is there some

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Speaker 4: documented track record of them actually getting the results? Right?

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Speaker 4: So me, it's all Google, It's all verifiable. So when

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Speaker 4: I even thought about like selling my firm, I was like,

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Speaker 4: I don't want to do it because that's the one

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Speaker 4: thing that keeps me like between like the educators and

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Speaker 4: the experts, right, and not to say that there's anything

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Speaker 4: wrong with educators. I think it's phenomenal. I think it

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Speaker 4: bridges a gap because everybody's not going to be able

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Speaker 4: to hire an advisor right away, but you have to

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Speaker 4: make sure that you're working with somebody who knows what

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Speaker 4: they're doing, because there's people who share information. It's like, hey,

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Speaker 4: I find this interesting. I'm just sharing it with my audience.

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Speaker 1: I don't know nobody, and I'm doing this.

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Speaker 4: It's working for me. Maybe you should try it, but

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Speaker 4: I'm not, you know, I'm just sharing it, right. Then

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Speaker 4: there's educating, Hey, this worked for me. I might not

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Speaker 4: work for your specific situation, but this has worked for

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Speaker 4: me and you can try it. And then there's advising,

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Speaker 4: where I have a track record of helping several people

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Speaker 4: in different situations get this result, so I can give

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Speaker 4: you specific advice relative to your.

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Speaker 1: Situation, and that comes with a lot more responsibility, a

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Speaker 1: lot more response because if something doesn't work.

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Speaker 4: Yeah, yeah, my clients could could suit me if they wanted,

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Speaker 4: Like if I gave them ill gotten advice and they

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Speaker 4: lost money or something like that, Like as a fiduciary,

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Speaker 4: they would have the right to suit me. In twelve years,

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Speaker 4: I've never had a negative complaint, so I'm grateful.

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Speaker 1: How much do financial advices costs? Like what's the range

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Speaker 1: for people who are listening and that are like, this

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Speaker 1: is something I want to do, but can I afford it.

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Speaker 4: Yeah, so it depends upon their area specialty, but it

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Speaker 4: can range anywhere from let's call it four to six

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Speaker 4: thousand dollars a year upwards to sixty thousand, depending and

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Speaker 4: when you get to sixty thousand, you're talking more like

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Speaker 4: fractional family office where they're like managing you know, your

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Speaker 4: accountant and everybody and your financial team. But there are

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Speaker 4: some pretty cost effective financial advisors. And you can also

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Speaker 4: do project based, right, so maybe you don't want to

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Speaker 4: hire some money for the full year. But it's like, hey,

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Speaker 4: I'm about to buy this house, can you go through

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Speaker 4: exercise with me to make sure that I got on

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Speaker 4: my ducks in a row? Or hey, I'm about to

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Speaker 4: get married and me and my spouse are combined in

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Speaker 4: our finance for the first time, can you helpless? And

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Speaker 4: they'll just charge like two fifty an hour. So I

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Speaker 4: tell people you can almost like date your financial advisor, right,

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Speaker 4: see if they have an hourly rate, and now'll give

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Speaker 4: you and give you some insights. Could you work with them?

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Speaker 4: Because my clients, I'm working with them, you know, probably

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Speaker 4: until they die.

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Speaker 2: How much does it cost to work with you?

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Speaker 3: Let's that's the question, right, hopefully.

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Speaker 4: It ranges. It ranges between on the high end, between

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Speaker 4: like thirty to forty thousand a year. But my clients

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Speaker 4: make the money back so quickly.

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Speaker 2: But you have a platform that people can do a monthly.

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Speaker 4: Oh for sure. Yes, our educational that's our educational ecosystem.

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Speaker 4: So I have educational platform that's probably just as good

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Speaker 4: as some advisors. And it's only nine nine dollars a month. Right,

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Speaker 4: I have my entire course framework in the platform. We

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Speaker 4: have live classes that we teach, you know, every week.

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Speaker 4: So yeah, someone's just getting started. I think that's a

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Speaker 4: great start, is our educational Do.

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Speaker 1: You have more stuff? And like, let's just somebody has

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Speaker 1: some money. People do this to me all the time.

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Speaker 1: They'll be like, oh, you know, I saved up a

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Speaker 1: hundred thousand dollars and I want to do something with it?

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Speaker 1: What should I do? And I'm like, I don't know.

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Speaker 1: But when somebody says that, you know, because it's like

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Speaker 1: you could invest in the stock market, you could purchase

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Speaker 1: a property depending on where you are. But I can't

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Speaker 1: tell somebody what they should do. But if somebody came

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Speaker 1: to you and said that, right, you know, what are

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Speaker 1: some things you can do If you have some money

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Speaker 1: saved and you're like, I want to do something with it, Like,

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Speaker 1: what are some different suggestions?

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Speaker 4: Yeah, I'll give you my I would say my bread

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Speaker 4: and butter framework that I tell people. So the first

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Speaker 4: thing I want to do is like, I want to

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Speaker 4: define what freedom looks like for them, because investing doesn't matter, right,

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Speaker 4: save you money on taxes doesn't matter. What matters is

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Speaker 4: somewhere in your mind you've identified an ideal lifestyle that

438
00:17:43,280 --> 00:17:44,960
Speaker 4: you want, right, I want to live here, I want

439
00:17:44,960 --> 00:17:46,639
Speaker 4: to help these people. I want to travel here, I

440
00:17:46,680 --> 00:17:49,000
Speaker 4: want to eat this kind of food. So there's a

441
00:17:49,080 --> 00:17:50,680
Speaker 4: number we can put to that, Right, if we actually

442
00:17:50,720 --> 00:17:52,280
Speaker 4: sat down, Well, how many trips do you want to

443
00:17:52,280 --> 00:17:53,600
Speaker 4: take a year? Where do you want to go? What

444
00:17:53,680 --> 00:17:54,880
Speaker 4: kind of car do you want to drive? We could

445
00:17:54,880 --> 00:17:56,920
Speaker 4: back into a number, and that allows us to figure

446
00:17:56,920 --> 00:17:59,399
Speaker 4: out your freedom number. Right. Once we figure out your

447
00:17:59,400 --> 00:18:01,520
Speaker 4: freedom number, and then when you want to hit that number,

448
00:18:01,960 --> 00:18:04,240
Speaker 4: that will then kind of narrow open up the guardrails

449
00:18:04,280 --> 00:18:06,640
Speaker 4: on the types of investments that make sense. Right. So

450
00:18:06,680 --> 00:18:09,199
Speaker 4: what I typically, my tried and true strategy is this,

451
00:18:09,480 --> 00:18:12,040
Speaker 4: I look at the stock market as my bank account

452
00:18:12,080 --> 00:18:15,000
Speaker 4: alternative for my non essential spending. What I mean by

453
00:18:15,000 --> 00:18:16,720
Speaker 4: that is for any money that I don't need for

454
00:18:16,800 --> 00:18:20,760
Speaker 4: day to day living or short or mediate expenses, most

455
00:18:20,800 --> 00:18:23,720
Speaker 4: of my money's going to stock market. Why because if

456
00:18:23,760 --> 00:18:25,159
Speaker 4: you put it in the right type of account, a

457
00:18:25,160 --> 00:18:27,919
Speaker 4: brokerage account, you can actually borrow against the value of

458
00:18:27,920 --> 00:18:30,920
Speaker 4: that account and then leverage that to go buy more assets.

459
00:18:31,320 --> 00:18:32,880
Speaker 4: So you might person might say, like when it comes

460
00:18:32,880 --> 00:18:35,199
Speaker 4: to insurance, but this is a little bit for me,

461
00:18:35,240 --> 00:18:38,040
Speaker 4: it's a little bit more straightforward versus like with the insurance,

462
00:18:38,040 --> 00:18:39,800
Speaker 4: you got to go through somebody, you got to hope

463
00:18:39,800 --> 00:18:42,240
Speaker 4: that they designed the policy the right way. But with this,

464
00:18:42,320 --> 00:18:45,720
Speaker 4: you can literally deposit your money an investment account, immediately

465
00:18:45,720 --> 00:18:48,480
Speaker 4: have a line of credit right up to forty percent

466
00:18:48,480 --> 00:18:51,280
Speaker 4: of your portfolio value, and then go use that to

467
00:18:51,280 --> 00:18:54,040
Speaker 4: go buy cash flow producing assets like real estate. Right

468
00:18:54,280 --> 00:18:56,119
Speaker 4: And then if you're still building up to your freedom

469
00:18:56,200 --> 00:18:57,679
Speaker 4: number and you don't need that cash flow to live

470
00:18:57,720 --> 00:19:00,480
Speaker 4: because you're still working, you take that cash flow you

471
00:19:00,560 --> 00:19:03,040
Speaker 4: reinvested back into the portfolio. So now you're able to

472
00:19:03,200 --> 00:19:06,760
Speaker 4: essentially triple right the timeline to be able to being

473
00:19:06,800 --> 00:19:08,840
Speaker 4: able to build wealth because you got your portfolio that's

474
00:19:08,840 --> 00:19:11,480
Speaker 4: already growing at ten to twenty thirty percent a year.

475
00:19:11,960 --> 00:19:14,320
Speaker 4: Then you now have this casual producer asset that you bought,

476
00:19:14,320 --> 00:19:16,520
Speaker 4: they're still going to appreciate in value. And then you

477
00:19:16,600 --> 00:19:18,640
Speaker 4: got the cash lets you were able to reinvest back

478
00:19:18,640 --> 00:19:20,760
Speaker 4: into your portfolio is now able to grow with your

479
00:19:20,800 --> 00:19:24,560
Speaker 4: original investment. So that's kind of like the that's a.

480
00:19:24,520 --> 00:19:26,360
Speaker 1: Better answer than I could have given. Anyway.

481
00:19:27,640 --> 00:19:34,400
Speaker 3: That's since you started, and now we've seen so much

482
00:19:34,440 --> 00:19:37,080
Speaker 3: more interest in blacks in the stock market. I want

483
00:19:37,160 --> 00:19:39,960
Speaker 3: to know what you think have been the biggest mind shifts.

484
00:19:40,000 --> 00:19:40,680
Speaker 2: But it's also.

485
00:19:40,520 --> 00:19:43,840
Speaker 3: Interesting I was doing a report a couple of weeks ago.

486
00:19:44,440 --> 00:19:47,480
Speaker 3: If you look at affluent blacks and affluent whites, both

487
00:19:47,800 --> 00:19:50,560
Speaker 3: say net worth seven hundred and fifty thousand dollars. The

488
00:19:50,640 --> 00:19:53,800
Speaker 3: blacks have the majority they're investing in real estate and

489
00:19:53,840 --> 00:19:56,360
Speaker 3: the whites have the majority of their investing in stocks,

490
00:19:56,520 --> 00:19:59,320
Speaker 3: and a lot of that's just because of how blacks

491
00:19:59,359 --> 00:20:00,880
Speaker 3: feel about real estate. So I want you to talk

492
00:20:00,880 --> 00:20:03,600
Speaker 3: a little bit about our mindset and what shifts you've

493
00:20:03,600 --> 00:20:05,600
Speaker 3: seen and where you see where you'd like to see

494
00:20:05,640 --> 00:20:05,960
Speaker 3: us go.

495
00:20:06,160 --> 00:20:07,520
Speaker 1: And to add on to that, I just want to say,

496
00:20:07,520 --> 00:20:09,439
Speaker 1: I really I can't remember who it was, but somebody

497
00:20:09,480 --> 00:20:11,040
Speaker 1: was saying real estate is a waste of money. I

498
00:20:11,080 --> 00:20:14,720
Speaker 1: don't own a home. I forget it was a Grand Cardon. Yeah,

499
00:20:14,720 --> 00:20:16,399
Speaker 1: it might have been Grand Cardon. He was like, I

500
00:20:16,400 --> 00:20:18,840
Speaker 1: don't own a home. And I was like, this is

501
00:20:18,880 --> 00:20:20,480
Speaker 1: weird to me, but okay.

502
00:20:20,520 --> 00:20:26,880
Speaker 4: Yeah, a little radical. I think that people that look

503
00:20:26,960 --> 00:20:30,880
Speaker 4: like us, they like the tangibility of real estate. Right yeah,

504
00:20:30,920 --> 00:20:33,040
Speaker 4: It's like I'm literally living in it. It's right here,

505
00:20:33,119 --> 00:20:34,520
Speaker 4: I can touch it, I can feel it. So it

506
00:20:34,520 --> 00:20:38,280
Speaker 4: seems more logical to invest. The thing about the stock

507
00:20:38,320 --> 00:20:41,520
Speaker 4: market is highly liquid, and it's the market is kind

508
00:20:41,520 --> 00:20:43,680
Speaker 4: of emotional, right Donald Trump, he was in office. He

509
00:20:43,680 --> 00:20:45,560
Speaker 4: could tweet something and it could be with the market, right,

510
00:20:45,680 --> 00:20:48,280
Speaker 4: So people are people feel kind of some type of

511
00:20:48,280 --> 00:20:50,880
Speaker 4: way about that. It doesn't it doesn't feel real to them, right.

512
00:20:50,920 --> 00:20:52,879
Speaker 4: But the reality is when you invest in the stock market,

513
00:20:53,119 --> 00:20:55,680
Speaker 4: you're owning a small piece of companies that you shop

514
00:20:55,720 --> 00:20:57,720
Speaker 4: with every day. All of us probably here have iPhones.

515
00:20:57,760 --> 00:20:59,600
Speaker 4: I hope if there's an enjoy users you know what

516
00:20:59,600 --> 00:21:02,680
Speaker 4: I'm saying. I don't know, but like, these are real

517
00:21:02,720 --> 00:21:06,000
Speaker 4: companies and if you can understand that, now, the best

518
00:21:06,000 --> 00:21:09,400
Speaker 4: CEOs in the world work for me. Right, if Tim

519
00:21:09,480 --> 00:21:12,159
Speaker 4: Cook does good, if Elon Musk, which he's a little

520
00:21:12,200 --> 00:21:14,159
Speaker 4: interesting at times, if he does good, at the end

521
00:21:14,200 --> 00:21:16,359
Speaker 4: of the day, all I have to do is with

522
00:21:16,480 --> 00:21:18,919
Speaker 4: no bear to entry. Right, for a few hundred dollars,

523
00:21:18,920 --> 00:21:20,840
Speaker 4: I can now own a piece of this company, right,

524
00:21:21,119 --> 00:21:25,320
Speaker 4: which I think is amazing, and it democratizes well puilding

525
00:21:25,359 --> 00:21:27,760
Speaker 4: because there are bears entry to real estate, not that

526
00:21:27,800 --> 00:21:29,920
Speaker 4: you shouldn't do it, but there might be someone who

527
00:21:29,920 --> 00:21:31,720
Speaker 4: has to wait two three years to get their stuff

528
00:21:31,720 --> 00:21:33,439
Speaker 4: together before they can buy that property. Right, But you

529
00:21:33,480 --> 00:21:35,520
Speaker 4: can invest as little as fifty dollars or one hundred

530
00:21:35,560 --> 00:21:36,840
Speaker 4: dollars today.

531
00:21:36,720 --> 00:21:38,359
Speaker 1: Right, Right, You might buy a house and it might

532
00:21:38,400 --> 00:21:40,560
Speaker 1: take three years for you to even start renovating, and

533
00:21:40,680 --> 00:21:42,920
Speaker 1: then it costs a million times more than what you expected.

534
00:21:43,400 --> 00:21:44,919
Speaker 1: Sounds personal, but it is.

535
00:21:47,640 --> 00:21:50,040
Speaker 3: And then passing that house on to the next generation

536
00:21:50,200 --> 00:21:51,360
Speaker 3: not an easy task at all.

537
00:21:51,400 --> 00:21:53,920
Speaker 4: Not an easy task at all. Right, And so again

538
00:21:53,960 --> 00:21:56,600
Speaker 4: it's not that these things are wrong, they just you

539
00:21:56,640 --> 00:21:59,639
Speaker 4: have to understand what comes with it, right, Like just

540
00:21:59,640 --> 00:22:01,200
Speaker 4: like the car of ownership, people think I want to

541
00:22:01,200 --> 00:22:03,000
Speaker 4: get into real estates. I see people talking about flipping

542
00:22:03,000 --> 00:22:05,719
Speaker 4: houses are Okay, okay, cool, But like, do you understand

543
00:22:05,760 --> 00:22:06,320
Speaker 4: the full scope?

544
00:22:06,400 --> 00:22:06,560
Speaker 1: Yeah?

545
00:22:06,640 --> 00:22:08,240
Speaker 4: Right, So it's not that these things are right or wrong,

546
00:22:08,400 --> 00:22:09,720
Speaker 4: but if you do want to pass it down. People

547
00:22:09,720 --> 00:22:12,520
Speaker 4: throw the term generational wealth out very loosely, but you

548
00:22:12,520 --> 00:22:14,680
Speaker 4: can't create generational wealth or you don't have a generational

549
00:22:14,680 --> 00:22:15,160
Speaker 4: wealth plan.

550
00:22:15,760 --> 00:22:18,520
Speaker 3: Right, You're leaving somebody taxes, you're leaving somebody debt, you're

551
00:22:18,560 --> 00:22:21,200
Speaker 3: leaving them in liquid. And now, in the black community,

552
00:22:22,160 --> 00:22:25,560
Speaker 3: we're told our grandparents and everyone were told you, when

553
00:22:25,560 --> 00:22:26,120
Speaker 3: you've made it.

554
00:22:26,080 --> 00:22:28,280
Speaker 2: You get a house. We have that conditioning when you

555
00:22:28,280 --> 00:22:28,520
Speaker 2: made it.

556
00:22:28,600 --> 00:22:30,920
Speaker 1: Yeah, it's my grandfather. They save your money, buy a house.

557
00:22:30,760 --> 00:22:32,439
Speaker 3: And when you have to be and we used to

558
00:22:32,440 --> 00:22:36,480
Speaker 3: be property, so home ownership has a whole, very very

559
00:22:36,480 --> 00:22:39,280
Speaker 3: special meaning to us. But I'm so excited to see

560
00:22:39,320 --> 00:22:41,720
Speaker 3: more people getting into stocks. But tell us how you

561
00:22:41,760 --> 00:22:42,560
Speaker 3: beat Orange Buffett.

562
00:22:42,560 --> 00:22:42,960
Speaker 2: I got his.

563
00:22:43,840 --> 00:22:46,000
Speaker 4: It's actually not that hard. You're ready for this. The

564
00:22:46,160 --> 00:22:48,760
Speaker 4: million dollar strategy. Okay, So all I do is this,

565
00:22:49,000 --> 00:22:52,119
Speaker 4: I call it the Burger King investment strategy. Right. So

566
00:22:52,359 --> 00:22:56,080
Speaker 4: McDonald's puts thousands and hundreds of thousands, if not millions

567
00:22:56,119 --> 00:22:58,080
Speaker 4: of dollars in determining where they want to put their

568
00:22:58,119 --> 00:23:00,879
Speaker 4: next location. Right, all Burg King does is they put

569
00:23:00,920 --> 00:23:03,359
Speaker 4: it across the street from McDonald's. Right, that was already

570
00:23:03,400 --> 00:23:05,239
Speaker 4: out the heavy lifting, right. So what I mean by

571
00:23:05,240 --> 00:23:08,119
Speaker 4: that from an investing standpoint is the biggest companies in

572
00:23:08,119 --> 00:23:10,040
Speaker 4: the world, like you know, Vanguard, black Rock, they have

573
00:23:10,080 --> 00:23:12,439
Speaker 4: analysts who put in tons of research to figure out

574
00:23:12,440 --> 00:23:14,800
Speaker 4: how to put these dts together, these index funds, and

575
00:23:14,840 --> 00:23:16,640
Speaker 4: that's just the basket of companies. Right. So the way

576
00:23:16,680 --> 00:23:18,520
Speaker 4: I like to explain it is if you go to

577
00:23:18,560 --> 00:23:20,439
Speaker 4: a mall, it's a popular mall in New York, like

578
00:23:20,520 --> 00:23:21,160
Speaker 4: a big mall.

579
00:23:21,480 --> 00:23:23,840
Speaker 2: Here me see what's the one.

580
00:23:24,080 --> 00:23:29,000
Speaker 1: We don't really have malls like that, to King's Plaza.

581
00:23:29,280 --> 00:23:31,879
Speaker 4: King's Plaza, right, So it has all these stores I'm

582
00:23:31,920 --> 00:23:33,440
Speaker 4: assuming is it backstory.

583
00:23:33,119 --> 00:23:37,439
Speaker 1: On Kings Like New York's not as much as a

584
00:23:37,520 --> 00:23:40,080
Speaker 1: mall place as New Jersey or something like that.

585
00:23:42,280 --> 00:23:45,160
Speaker 2: Isn't that considered ab thirty fourth Street?

586
00:23:45,960 --> 00:23:49,359
Speaker 1: This is a funny Short Hills mall is my favorite.

587
00:23:50,520 --> 00:23:53,440
Speaker 4: A lot of stores in Short Hills. Okay, so Short.

588
00:23:53,280 --> 00:23:55,840
Speaker 1: Hills American Dream that has the most American dream.

589
00:23:55,880 --> 00:23:58,119
Speaker 4: Honey stores are American Dream roughly, they have like a

590
00:23:58,200 --> 00:24:01,879
Speaker 4: whole Yeah, so a lot probably five hundred, six hundred,

591
00:24:02,160 --> 00:24:04,520
Speaker 4: may maybe even more six right, Okay, cool, so we

592
00:24:04,680 --> 00:24:08,040
Speaker 4: got we got So if one of those stores closed down,

593
00:24:08,680 --> 00:24:10,359
Speaker 4: or two of those stores, or for of those stores

594
00:24:10,359 --> 00:24:13,080
Speaker 4: closed down, is the whole all going to close down? No? Right,

595
00:24:13,400 --> 00:24:15,600
Speaker 4: That's that's how an index fund or ETF works. Right,

596
00:24:15,640 --> 00:24:17,199
Speaker 4: If one or two or three or four of the

597
00:24:17,200 --> 00:24:20,040
Speaker 4: companies don't perform, the index fund is designed to be

598
00:24:20,080 --> 00:24:22,800
Speaker 4: so diversified with five hundred companies, hence the sp five

599
00:24:22,880 --> 00:24:24,880
Speaker 4: hundred to where it's it's still going to be able

600
00:24:24,960 --> 00:24:27,359
Speaker 4: to perform decently. Now there's pros to that, right, because

601
00:24:27,359 --> 00:24:30,840
Speaker 4: it's not going to fail. But also there are some losers, right,

602
00:24:30,880 --> 00:24:32,840
Speaker 4: they're probably dragged down the overall performance, which is why

603
00:24:32,840 --> 00:24:35,840
Speaker 4: it averages like ten or eleven percent. So where warm buffer.

604
00:24:35,840 --> 00:24:37,920
Speaker 4: Somebody might tell you to just invest in an index fund.

605
00:24:37,960 --> 00:24:40,119
Speaker 4: That's cool, you'll get your ten eleven percent. What I

606
00:24:40,200 --> 00:24:42,560
Speaker 4: like to do is look inside of it and it's like, okay, well,

607
00:24:42,920 --> 00:24:44,840
Speaker 4: of all these five hundred companies, what are the top

608
00:24:44,880 --> 00:24:47,880
Speaker 4: five to ten? So then I'll have about fifty percent

609
00:24:47,920 --> 00:24:51,159
Speaker 4: of my portfolio owning the index fund. For diversity and

610
00:24:51,200 --> 00:24:53,720
Speaker 4: for diversification, and then for the other fifty percent, I'm

611
00:24:53,760 --> 00:24:57,399
Speaker 4: picking the top winners, the Apples, the Microsofts, the Googles,

612
00:24:57,680 --> 00:25:00,360
Speaker 4: the Teslas, and so now what happens is is I'm

613
00:25:00,359 --> 00:25:04,040
Speaker 4: what you would call overweight in these really really well

614
00:25:04,080 --> 00:25:07,000
Speaker 4: performing companies, and so that helps me get an outside return.

615
00:25:07,080 --> 00:25:09,280
Speaker 4: And all that means is it helps me beat the

616
00:25:09,359 --> 00:25:10,840
Speaker 4: market or beat warm buff and I've been doing that

617
00:25:10,880 --> 00:25:11,880
Speaker 4: for the past five to six years.

618
00:25:11,920 --> 00:25:13,200
Speaker 1: It's a good time to be overweight.

619
00:25:13,560 --> 00:25:16,560
Speaker 4: Yeah, probably the only time only time it is good

620
00:25:16,560 --> 00:25:17,720
Speaker 4: to be overweight, you know what.

621
00:25:17,800 --> 00:25:20,560
Speaker 1: It's also about timing to write and so and when

622
00:25:20,600 --> 00:25:24,000
Speaker 1: you buy things. So cryptocurrency, crypto currency that's been back

623
00:25:24,000 --> 00:25:26,080
Speaker 1: in the news a lot, like the news and so

624
00:25:26,280 --> 00:25:27,879
Speaker 1: what is going on because people are like, Okay, this

625
00:25:27,960 --> 00:25:28,960
Speaker 1: is going to be having this is gonna be a

626
00:25:29,000 --> 00:25:31,639
Speaker 1: great time. So I want to hear your thoughts about that,

627
00:25:31,680 --> 00:25:34,040
Speaker 1: because that's something I've never like, I bought a little

628
00:25:34,040 --> 00:25:36,800
Speaker 1: bit of bitcoin just to watch what was going to happen.

629
00:25:36,720 --> 00:25:40,400
Speaker 3: Or gave us a little bit Yeah yeah, yeah he did.

630
00:25:39,960 --> 00:25:40,200
Speaker 4: People.

631
00:25:41,160 --> 00:25:43,560
Speaker 1: It was fifty dollars, okay, but it's a good way

632
00:25:43,560 --> 00:25:45,920
Speaker 1: to's kind of like, yeah, to test it and see

633
00:25:45,960 --> 00:25:47,760
Speaker 1: what's going on to watch it go up and down,

634
00:25:47,840 --> 00:25:50,200
Speaker 1: up and down, because that's also when you're watching.

635
00:25:49,880 --> 00:25:51,840
Speaker 4: Stuff, it is like your kind of nerve wrecking.

636
00:25:51,920 --> 00:25:54,440
Speaker 1: Yeah, it's nerve wracking every single day. So what is

637
00:25:54,480 --> 00:25:55,520
Speaker 1: about to happen with that?

638
00:25:55,760 --> 00:25:56,440
Speaker 4: With bitcoin?

639
00:25:56,560 --> 00:25:58,719
Speaker 1: I mean ethereum, just in general.

640
00:25:58,840 --> 00:26:01,080
Speaker 4: In general. I look at crypt currency. I was talking

641
00:26:01,119 --> 00:26:02,600
Speaker 4: a little bit about this on the way over here.

642
00:26:02,920 --> 00:26:06,760
Speaker 4: I look at cryptocurrency still as you know, an alternative asset,

643
00:26:06,920 --> 00:26:09,919
Speaker 4: right that you know has a lot of potential, but

644
00:26:10,000 --> 00:26:12,000
Speaker 4: I think there's still a lot of unknowns. So for me,

645
00:26:12,240 --> 00:26:15,520
Speaker 4: in my personal portfolio strategy, I only allocate no more

646
00:26:15,560 --> 00:26:18,440
Speaker 4: than ten percent of my portfolio to things that I'm

647
00:26:18,480 --> 00:26:21,440
Speaker 4: comfortable losing one hundred percent of, right, So that's venture capital,

648
00:26:21,520 --> 00:26:26,440
Speaker 4: that's private equity, uh, bitcoin, anything like from an alternative standpoint,

649
00:26:26,440 --> 00:26:28,399
Speaker 4: So for me, I don't necessarily not have a prediction

650
00:26:28,440 --> 00:26:29,640
Speaker 4: of what I think is going to do. I think

651
00:26:29,680 --> 00:26:34,320
Speaker 4: that it's it's going If black Rock approves the ETF

652
00:26:34,359 --> 00:26:36,200
Speaker 4: and they have a really strong approval rating, I think

653
00:26:36,200 --> 00:26:37,960
Speaker 4: it's going to go up substantially. It could go up

654
00:26:38,000 --> 00:26:39,520
Speaker 4: to probably all the way up to one hundred thousand

655
00:26:39,560 --> 00:26:43,080
Speaker 4: by twenty twenty five, but nobody knows. I'm being honest.

656
00:26:43,160 --> 00:26:45,520
Speaker 2: I would like the wild West, though. It's like at

657
00:26:45,520 --> 00:26:48,760
Speaker 2: the beginning, a lot of people really Internet, you know, we.

658
00:26:48,760 --> 00:26:50,680
Speaker 3: Think it's here to stay, but it's just like when

659
00:26:50,720 --> 00:26:52,680
Speaker 3: the stock market first started, it's still so wild.

660
00:26:53,040 --> 00:26:54,680
Speaker 1: Remember everybody was doing NFTs.

661
00:26:54,920 --> 00:26:59,960
Speaker 4: Oh gosh, yeah, I remember that. I was crazy, crazy

662
00:27:00,119 --> 00:27:03,120
Speaker 4: people paying two hundred thousand for digital monkeys.

663
00:27:02,800 --> 00:27:05,640
Speaker 1: And those people cast out that sold those digital.

664
00:27:05,400 --> 00:27:08,000
Speaker 4: Monkeys, and some people got to live holding the bag

665
00:27:08,000 --> 00:27:11,080
Speaker 4: as it always goes. Yeah, I would say, like, have

666
00:27:11,119 --> 00:27:13,560
Speaker 4: a small percentage of your overall investments and say, you

667
00:27:13,600 --> 00:27:15,479
Speaker 4: know what, because I think you still got to get

668
00:27:15,520 --> 00:27:18,120
Speaker 4: in the game, because you'll you'll you'll be pissed off

669
00:27:18,160 --> 00:27:20,240
Speaker 4: if like bitcoin does go to one hundred and you

670
00:27:20,280 --> 00:27:23,760
Speaker 4: one hundred thousand. You don't at least own a thousand dollars, right,

671
00:27:23,800 --> 00:27:25,920
Speaker 4: So whatever, you're comfortable losing one hundred percent.

672
00:27:25,800 --> 00:27:28,440
Speaker 1: Of I say invested, Yeah, fifty dollars will turn into

673
00:27:28,520 --> 00:27:31,240
Speaker 1: five thousand dollars, hope, or if.

674
00:27:31,160 --> 00:27:33,240
Speaker 4: Not, we'll call it. I bought bitcoin for the first

675
00:27:33,280 --> 00:27:35,560
Speaker 4: time in twenty seventeen, and I come on to eighty

676
00:27:35,600 --> 00:27:36,399
Speaker 4: percent of it ever.

677
00:27:36,280 --> 00:27:39,520
Speaker 2: Since odemn every back up.

678
00:27:39,600 --> 00:27:40,560
Speaker 4: Yeah, every right.

679
00:27:40,720 --> 00:27:42,880
Speaker 3: So we have a lot of entrepreneurs in our audience,

680
00:27:42,960 --> 00:27:46,000
Speaker 3: and you just did a podcast called Getting Big Results

681
00:27:46,000 --> 00:27:47,720
Speaker 3: in Your Business in twenty twenty four.

682
00:27:48,119 --> 00:27:51,440
Speaker 2: Spill it. What do we do?

683
00:27:51,680 --> 00:27:51,880
Speaker 4: Yeah?

684
00:27:51,920 --> 00:27:53,080
Speaker 1: I need that help for sure?

685
00:27:53,240 --> 00:27:55,000
Speaker 4: For sure? For sure? Okay. So the first thing is

686
00:27:55,000 --> 00:27:58,080
Speaker 4: like again it goes back to like the personal finance, right, like,

687
00:27:58,200 --> 00:28:01,040
Speaker 4: what did you do that went really well? Right? You

688
00:28:01,080 --> 00:28:03,919
Speaker 4: have to audit Sometimes people get so attracted to the

689
00:28:03,920 --> 00:28:07,400
Speaker 4: shiny ball, like the next big things, like well, what's working?

690
00:28:07,520 --> 00:28:10,879
Speaker 4: And can I double and triple down on what's already working?

691
00:28:10,960 --> 00:28:13,280
Speaker 4: That's the first thing. The second thing is you have

692
00:28:13,320 --> 00:28:16,959
Speaker 4: to know your numbers, right, because if you're looking at

693
00:28:17,000 --> 00:28:20,080
Speaker 4: your business and something that you would like to do

694
00:28:20,440 --> 00:28:22,160
Speaker 4: or you enjoy to do, but at the same token

695
00:28:22,320 --> 00:28:24,880
Speaker 4: is not the most profitable, you might have to consider

696
00:28:25,000 --> 00:28:26,760
Speaker 4: like does this make sense for me to focus on

697
00:28:26,880 --> 00:28:29,280
Speaker 4: right now, right versus the thing that has the higher

698
00:28:29,320 --> 00:28:31,600
Speaker 4: margin and is going to give you, you know, more

699
00:28:31,720 --> 00:28:36,800
Speaker 4: more results. Right. Then you have to learn how to

700
00:28:37,600 --> 00:28:41,560
Speaker 4: hire the right people, right, Like you have to hire

701
00:28:41,600 --> 00:28:47,400
Speaker 4: the right people because most founders are not the best CEOs.

702
00:28:47,440 --> 00:28:50,520
Speaker 4: Here's why, here's why, right, The reason why most founders

703
00:28:50,520 --> 00:28:52,280
Speaker 4: are not the best CEOs is because founding and this

704
00:28:52,320 --> 00:28:56,520
Speaker 4: is myself included, Like ultimately we are visionaries, right, Like

705
00:28:56,640 --> 00:28:59,400
Speaker 4: we want to do all the next big frontier. We

706
00:28:59,440 --> 00:29:02,680
Speaker 4: want to take over the world, right. And so a

707
00:29:03,480 --> 00:29:08,600
Speaker 4: truth founder is brand focused and a CEO is numbers focused. Right.

708
00:29:08,960 --> 00:29:10,840
Speaker 4: And so even if you're still the sea of your business,

709
00:29:10,840 --> 00:29:13,040
Speaker 4: you need somebody or some people in your business who

710
00:29:13,080 --> 00:29:15,720
Speaker 4: can keep you while you're in the clouds, can keep

711
00:29:15,760 --> 00:29:17,800
Speaker 4: you rooted, right and making sure that Okay, this is

712
00:29:17,800 --> 00:29:19,680
Speaker 4: a great idea, but like does this make sense for

713
00:29:19,680 --> 00:29:22,840
Speaker 4: twenty twenty four? Right? And having that dynamic team, I

714
00:29:22,840 --> 00:29:24,800
Speaker 4: think everybody needs at least three players on their team.

715
00:29:24,840 --> 00:29:27,240
Speaker 4: You need somebody who can fly the plane, which is

716
00:29:27,240 --> 00:29:29,880
Speaker 4: a divisionary, and the CEO. Somebody that can take care

717
00:29:29,880 --> 00:29:32,320
Speaker 4: of the passengers, which make sure that if you say

718
00:29:31,880 --> 00:29:34,120
Speaker 4: you sell a fragrance, that somebody orders it in two days,

719
00:29:34,160 --> 00:29:37,320
Speaker 4: they actually get it to the scammer, right, And then

720
00:29:37,400 --> 00:29:40,240
Speaker 4: somebody who can essentially, so you got taking care of

721
00:29:40,280 --> 00:29:42,040
Speaker 4: the passengers flying the plane and get more people on

722
00:29:42,080 --> 00:29:44,040
Speaker 4: the plane, right, Because if you I don't care how

723
00:29:44,040 --> 00:29:45,920
Speaker 4: big your business is or how great your product, is

724
00:29:45,960 --> 00:29:48,120
Speaker 4: if you can't get people on the plane right, you

725
00:29:48,120 --> 00:29:50,080
Speaker 4: can't get new customers, then your business is going to

726
00:29:50,120 --> 00:29:51,880
Speaker 4: go out of business. A hit song is not made,

727
00:29:51,920 --> 00:29:54,080
Speaker 4: it's marketed right. So you have to be able to

728
00:29:54,200 --> 00:29:56,440
Speaker 4: figure out, how can I get as much awareness as

729
00:29:56,480 --> 00:29:58,520
Speaker 4: possible for what I do, so if I have a

730
00:29:58,520 --> 00:30:00,960
Speaker 4: great product, I can actually sell the thing. And then

731
00:30:01,000 --> 00:30:03,400
Speaker 4: who is making sure that we are paying attention to

732
00:30:03,440 --> 00:30:05,400
Speaker 4: what's happening in the world so that our business doesn't

733
00:30:05,440 --> 00:30:06,160
Speaker 4: become obsolete?

734
00:30:06,600 --> 00:30:08,640
Speaker 3: A million and a half years ago might have even

735
00:30:08,720 --> 00:30:11,880
Speaker 3: been two million. I interviewed Bill Gates. I was asking

736
00:30:11,920 --> 00:30:15,760
Speaker 3: him what was the secret to starting a tech company

737
00:30:15,760 --> 00:30:17,600
Speaker 3: and he was starting at he said, I don't care

738
00:30:17,640 --> 00:30:21,160
Speaker 3: what company it is. He's like, find five people you

739
00:30:21,320 --> 00:30:24,000
Speaker 3: trust and you do and do business with them for

740
00:30:24,040 --> 00:30:25,760
Speaker 3: the rest of your life. He's like, I don't care

741
00:30:25,760 --> 00:30:27,640
Speaker 3: what's the product I don't like or what's the company.

742
00:30:27,640 --> 00:30:29,520
Speaker 3: He's like, fine, Fine, five people.

743
00:30:29,240 --> 00:30:31,520
Speaker 4: Without without team. It's really hard. It's really hard.

744
00:30:31,600 --> 00:30:35,040
Speaker 1: Yeah, and finding those five people is really hard. Things change, Yeah,

745
00:30:35,080 --> 00:30:37,800
Speaker 1: and you know, especially if it's your friends or family.

746
00:30:38,160 --> 00:30:40,160
Speaker 4: Don't hire from proxy, Like that's a big mistake I've

747
00:30:40,160 --> 00:30:43,440
Speaker 4: made early on like hiring from proximity, Like somebody raises

748
00:30:43,440 --> 00:30:44,840
Speaker 4: their hand like, well I can help. I can help.

749
00:30:45,200 --> 00:30:47,480
Speaker 4: Nine times out of ten your business is going to grow.

750
00:30:47,640 --> 00:30:49,360
Speaker 4: They're not going to grow at the same rate. You

751
00:30:49,400 --> 00:30:52,000
Speaker 4: had to have that awkward conversation of like, this doesn't

752
00:30:52,000 --> 00:30:55,920
Speaker 4: make sense anymore. Like hire the company has a Taxi

753
00:30:55,960 --> 00:30:58,600
Speaker 4: D number, you have a social right. The company has needs,

754
00:30:58,680 --> 00:31:00,880
Speaker 4: just like you have needs, So you have to hire

755
00:31:00,920 --> 00:31:02,920
Speaker 4: for the company's needs, right, and not try to create

756
00:31:03,000 --> 00:31:05,160
Speaker 4: roles for people because they're your friends or because you

757
00:31:05,200 --> 00:31:07,000
Speaker 4: care about them, because it's just that.

758
00:31:07,080 --> 00:31:09,040
Speaker 1: Just it's just when you have those conversations, was even

759
00:31:09,120 --> 00:31:10,880
Speaker 1: qualified for this? But I helped you?

760
00:31:10,920 --> 00:31:14,840
Speaker 4: Well, then they feeling tired. It's the whole episode on that.

761
00:31:14,920 --> 00:31:18,520
Speaker 3: Yeah, speaking of entrepreneurs who have fragrances and need to

762
00:31:18,560 --> 00:31:23,440
Speaker 3: smell nice, equity equity tell us about equity. Yeah.

763
00:31:23,520 --> 00:31:25,600
Speaker 4: Yeah, So when I started meiling in money, so I

764
00:31:25,600 --> 00:31:27,680
Speaker 4: remember I come from the financial advisory background, right, and

765
00:31:27,720 --> 00:31:29,520
Speaker 4: so when I started meiling in money, I was like,

766
00:31:29,520 --> 00:31:32,239
Speaker 4: I don't want to spend money to put to create billboards, right,

767
00:31:32,240 --> 00:31:34,040
Speaker 4: I was like, but I got to figure out some

768
00:31:34,200 --> 00:31:37,840
Speaker 4: way to spark conversations on building wealth right. So that

769
00:31:37,880 --> 00:31:40,080
Speaker 4: started with just you know what most people do, you know,

770
00:31:40,120 --> 00:31:43,560
Speaker 4: T shirts and strong statements like oh what does it

771
00:31:43,600 --> 00:31:45,280
Speaker 4: mean to be a mellon and millionaire? What does it

772
00:31:45,360 --> 00:31:47,160
Speaker 4: mean to be black brilliant billionaire in the making. If

773
00:31:47,160 --> 00:31:49,440
Speaker 4: I've ever seen those shirts, that's my brand. And so

774
00:31:49,920 --> 00:31:51,280
Speaker 4: I was like, this is cool, and it started to

775
00:31:51,360 --> 00:31:53,480
Speaker 4: kind of take on its own identity, and people thought

776
00:31:53,560 --> 00:31:54,840
Speaker 4: that was my main thing. I was like, no, actually,

777
00:31:54,840 --> 00:31:57,520
Speaker 4: I have a whole financial firm, right, And so as

778
00:31:57,560 --> 00:31:59,000
Speaker 4: I continue to buid out the product line, I'm just

779
00:31:59,080 --> 00:32:01,560
Speaker 4: always thinking of way that will spark conversations or the

780
00:32:01,560 --> 00:32:04,320
Speaker 4: conversation building well, oh what are you wearing? Oh it's equity,

781
00:32:04,320 --> 00:32:06,080
Speaker 4: Oh what's that about? And then it sparks the conversation.

782
00:32:06,200 --> 00:32:08,240
Speaker 4: This is not just a physical product, and there's a

783
00:32:08,280 --> 00:32:12,040
Speaker 4: whole financial ecosystem behind it, so that people are now

784
00:32:12,400 --> 00:32:15,160
Speaker 4: interested and intrigued about building. Well. So that's kind of

785
00:32:15,240 --> 00:32:16,440
Speaker 4: so that's what a frekrance idea.

786
00:32:16,560 --> 00:32:17,840
Speaker 1: You know what I wanted to ask you since you

787
00:32:17,840 --> 00:32:20,960
Speaker 1: brought up Eli Musk earlier. Yeah, and he had tweeted out,

788
00:32:21,080 --> 00:32:23,600
Speaker 1: de e I must die Yes, I saw that, Yes,

789
00:32:24,000 --> 00:32:25,920
Speaker 1: And so I want to talk about the importance of

790
00:32:26,080 --> 00:32:29,880
Speaker 1: DEI when it comes to corporations and the resistance that

791
00:32:29,920 --> 00:32:31,040
Speaker 1: so many people have to it.

792
00:32:31,480 --> 00:32:33,840
Speaker 4: Yeah, I think I think the resistance comes from the

793
00:32:33,880 --> 00:32:36,040
Speaker 4: fact of, like I mean, put it like this, if

794
00:32:36,080 --> 00:32:39,480
Speaker 4: you have been in power and the world has been

795
00:32:39,520 --> 00:32:42,720
Speaker 4: designed in a way to cater to you, and now

796
00:32:42,760 --> 00:32:45,400
Speaker 4: people want what they consider to be their fair share,

797
00:32:45,840 --> 00:32:47,880
Speaker 4: Like you're natural that you just don't want that to happen.

798
00:32:47,920 --> 00:32:49,320
Speaker 4: I think we even see I think, what's her name,

799
00:32:49,360 --> 00:32:53,160
Speaker 4: I think Arianna some Ari No she has she has

800
00:32:53,200 --> 00:32:53,840
Speaker 4: the fearless fun.

801
00:32:53,880 --> 00:32:58,120
Speaker 1: I think, oh, yeah, she's under attack right now because

802
00:32:58,120 --> 00:33:01,520
Speaker 1: they're saying that like that fun was like only targeting.

803
00:33:01,240 --> 00:33:03,280
Speaker 4: Only talking to minorities and women founders, and I feel

804
00:33:03,280 --> 00:33:05,800
Speaker 4: like that's discrimination, and so it's like I feel like

805
00:33:05,840 --> 00:33:09,120
Speaker 4: it's so crazy, right. I just feel like like because

806
00:33:09,120 --> 00:33:11,440
Speaker 4: of access to information and because people are learning and

807
00:33:11,480 --> 00:33:15,280
Speaker 4: put because we're growing into community, other communities feel under attacked,

808
00:33:15,320 --> 00:33:17,840
Speaker 4: like oh my gosh, like they're getting what's rightfully there

809
00:33:17,880 --> 00:33:19,920
Speaker 4: is and we need to find ways to slow that progress.

810
00:33:20,040 --> 00:33:23,320
Speaker 4: Four hundred years of slowing it down wasn't enough, right,

811
00:33:23,440 --> 00:33:25,440
Speaker 4: So I think that's what we're seeing a lot of

812
00:33:25,440 --> 00:33:27,840
Speaker 4: that energy from which lets you know that we probably

813
00:33:27,880 --> 00:33:30,680
Speaker 4: are doing better than people give us credit for because

814
00:33:31,560 --> 00:33:33,680
Speaker 4: why should they care? Exactly why should they care?

815
00:33:33,720 --> 00:33:37,760
Speaker 3: And animals most dangerous just before it does with that question.

816
00:33:37,800 --> 00:33:39,360
Speaker 2: But I mean the whole dee.

817
00:33:39,800 --> 00:33:42,280
Speaker 3: It's very very complex because you might have a well

818
00:33:42,320 --> 00:33:45,920
Speaker 3: meaning CEO, but he has managers under him who with

819
00:33:46,040 --> 00:33:48,760
Speaker 3: their performance reviews is how much they sold?

820
00:33:49,040 --> 00:33:51,880
Speaker 2: So that a lot. It's very very very complex stuff.

821
00:33:52,080 --> 00:33:52,320
Speaker 4: Yeah.

822
00:33:52,520 --> 00:33:55,880
Speaker 3: So you're writing your own rules and I know you

823
00:33:56,000 --> 00:33:58,960
Speaker 3: have presence holiday presents. You put together a little bundle

824
00:33:59,000 --> 00:33:59,200
Speaker 3: for U.

825
00:33:59,280 --> 00:34:01,800
Speaker 4: Yes, yes, yes, absolutely so.

826
00:34:01,880 --> 00:34:03,080
Speaker 2: In addition to our equity.

827
00:34:03,240 --> 00:34:06,040
Speaker 4: Yeah, so I wanted to make sure that people could,

828
00:34:06,080 --> 00:34:08,080
Speaker 4: you know, start the year off right. So, I mean

829
00:34:08,080 --> 00:34:09,160
Speaker 4: it's the end of the year. You might feel a

830
00:34:09,160 --> 00:34:10,720
Speaker 4: little bit guilty about your holiday spending.

831
00:34:10,840 --> 00:34:17,120
Speaker 2: Oh you wait, hold up, I do a little bit.

832
00:34:19,560 --> 00:34:20,440
Speaker 4: How are feel about your home?

833
00:34:20,560 --> 00:34:22,160
Speaker 1: I know it's so bad. Is that I was like

834
00:34:22,200 --> 00:34:24,560
Speaker 1: trying to buy gifts today because I'm so busy, I

835
00:34:24,560 --> 00:34:26,719
Speaker 1: haven't done anything. And and I say this, and I

836
00:34:26,760 --> 00:34:29,160
Speaker 1: hate that I've said this to our listener so much.

837
00:34:29,360 --> 00:34:31,120
Speaker 1: Do not wait till the last minute. That's the worst

838
00:34:31,160 --> 00:34:33,040
Speaker 1: thing you can do. And here I am waiting the

839
00:34:33,080 --> 00:34:34,600
Speaker 1: last minute, waited till the last minute.

840
00:34:34,680 --> 00:34:38,920
Speaker 4: Yeah, well, a wise man once told me, if you

841
00:34:38,960 --> 00:34:40,719
Speaker 4: didn't bring it, bring it, which you're not gonna find

842
00:34:40,719 --> 00:34:42,400
Speaker 4: it here, right, So what I mean by that is like,

843
00:34:43,120 --> 00:34:45,279
Speaker 4: it's already happened, right the years old. It's no need

844
00:34:45,280 --> 00:34:47,360
Speaker 4: to beat yourself up off of what alreadys happened. What

845
00:34:47,400 --> 00:34:49,399
Speaker 4: we can do is create a plan so that next

846
00:34:49,480 --> 00:34:51,399
Speaker 4: year we don't put ourselves in the same predicament. Right.

847
00:34:51,719 --> 00:34:54,239
Speaker 4: So I wanted to put together is a few free resources,

848
00:34:54,239 --> 00:34:58,239
Speaker 4: absolutely free. One is a personal budgeting guide, right, so

849
00:34:58,280 --> 00:35:00,480
Speaker 4: that if you're trying to create that cat flow plan

850
00:35:00,560 --> 00:35:02,680
Speaker 4: for twenty twenty four, you want to save more, you

851
00:35:02,719 --> 00:35:05,719
Speaker 4: want to invest more, Now we'll have this resource where

852
00:35:05,760 --> 00:35:08,400
Speaker 4: you can really evaluate your expenses to determine where your

853
00:35:08,400 --> 00:35:10,279
Speaker 4: money's gonna go. I created the same thing for the

854
00:35:10,320 --> 00:35:13,520
Speaker 4: business as well. It's a business forecasting blueprint. So everybody says,

855
00:35:13,560 --> 00:35:15,520
Speaker 4: I want to make one hundred thousand or two hundred thousand,

856
00:35:15,680 --> 00:35:17,319
Speaker 4: all right, Well what's the plan, right? What are your

857
00:35:17,320 --> 00:35:19,600
Speaker 4: expenses where you think the revenue is gonna come from.

858
00:35:19,640 --> 00:35:21,800
Speaker 4: So I created a whole blueprint that people can leverage

859
00:35:22,000 --> 00:35:24,680
Speaker 4: to kind of forecast to forecast out their business revenue,

860
00:35:24,920 --> 00:35:28,239
Speaker 4: and I added a dividend stock investing god. So my

861
00:35:28,280 --> 00:35:31,400
Speaker 4: top twenty five recommendations on dividend stocks.

862
00:35:31,440 --> 00:35:35,359
Speaker 1: All free is a free free okay for to sign

863
00:35:35,400 --> 00:35:36,400
Speaker 1: up because we love you.

864
00:35:37,320 --> 00:35:40,719
Speaker 3: And you text the word freeb FR E E B

865
00:35:40,960 --> 00:35:46,560
Speaker 3: I EEP to seven zero four two seven zero six

866
00:35:46,760 --> 00:35:49,759
Speaker 3: four seven seven freebe and you get all that.

867
00:35:49,960 --> 00:35:51,560
Speaker 1: Absolutely that's freebe.

868
00:35:51,239 --> 00:35:52,840
Speaker 4: So that's back to something you said earlier in the

869
00:35:52,840 --> 00:35:55,120
Speaker 4: podcast is like how do you vet or maybe you

870
00:35:55,200 --> 00:35:56,520
Speaker 4: said how do you vet out people?

871
00:35:56,600 --> 00:35:56,719
Speaker 2: Right?

872
00:35:56,719 --> 00:35:58,600
Speaker 4: It was like my whole thing is if you can't

873
00:35:58,600 --> 00:36:00,720
Speaker 4: get value from somebody's free information and you define shouldn't

874
00:36:00,719 --> 00:36:03,359
Speaker 4: pay them, right, So like if the free information is

875
00:36:03,440 --> 00:36:05,120
Speaker 4: like style like I really didn't get so like if

876
00:36:05,120 --> 00:36:06,640
Speaker 4: you can't get value from that, then you definite shouldn't

877
00:36:06,640 --> 00:36:06,920
Speaker 4: pay me.

878
00:36:06,960 --> 00:36:08,680
Speaker 1: And also people have to know that it's work on

879
00:36:08,760 --> 00:36:09,319
Speaker 1: your end too.

880
00:36:09,400 --> 00:36:09,920
Speaker 4: Oh for sure.

881
00:36:10,000 --> 00:36:11,920
Speaker 1: You know, if you're signing up and paying money for something,

882
00:36:11,920 --> 00:36:13,799
Speaker 1: go get your money's worth and make sure that you're

883
00:36:14,120 --> 00:36:17,200
Speaker 1: doing what you're supposed to do and going above and beyond.

884
00:36:17,239 --> 00:36:19,600
Speaker 1: And if you have access to be able to have

885
00:36:19,920 --> 00:36:23,080
Speaker 1: one on one conversations or sending questions or whatever it is, like,

886
00:36:23,160 --> 00:36:24,520
Speaker 1: make sure you use the information.

887
00:36:24,640 --> 00:36:26,080
Speaker 4: Yeah, I'm pretty sure you have people all the time

888
00:36:26,160 --> 00:36:28,640
Speaker 4: or you all the time. Actually, like what should I do?

889
00:36:28,800 --> 00:36:30,600
Speaker 4: Or I have this money, I want to invest or whatever?

890
00:36:30,640 --> 00:36:32,960
Speaker 4: Like have you listened to one episode of Wealthy Wednesdays

891
00:36:33,040 --> 00:36:36,040
Speaker 4: right of the forty eight episodes? Like so sometimes people

892
00:36:36,040 --> 00:36:39,360
Speaker 4: don't take advantage of the free stuff out of entitlement

893
00:36:39,560 --> 00:36:41,479
Speaker 4: or whatever, but like take advantage of free school.

894
00:36:41,520 --> 00:36:42,520
Speaker 1: I have a whole Facebook grill.

895
00:36:42,640 --> 00:36:45,800
Speaker 2: Now we have Wealth Wednesdays. You can't remember those numbers.

896
00:36:45,960 --> 00:36:47,640
Speaker 3: We are going to say them again, but we're gonna

897
00:36:47,680 --> 00:36:50,960
Speaker 3: put all of his information in Wealth Wednesdays for entrepreneurs

898
00:36:50,960 --> 00:36:51,640
Speaker 3: Facebook group.

899
00:36:51,920 --> 00:36:53,240
Speaker 2: Absolutely, we'll put the number.

900
00:36:53,680 --> 00:36:57,680
Speaker 3: The free be everything a picture of equity, Yes, grab that.

901
00:36:58,000 --> 00:37:03,200
Speaker 4: Right, every I am selling that that's not included in there.

902
00:37:03,400 --> 00:37:05,399
Speaker 4: That's not include the free but it smells good.

903
00:37:05,440 --> 00:37:07,640
Speaker 1: So all right, well, thank you so much for joining us.

904
00:37:07,640 --> 00:37:08,880
Speaker 1: This was an amazing conversation.

905
00:37:08,960 --> 00:37:09,719
Speaker 4: Thank you for having me.

906
00:37:09,760 --> 00:37:11,879
Speaker 3: Thank you, George. We can listen to you on Melon

907
00:37:11,960 --> 00:37:13,040
Speaker 3: in Money absolutely so.

908
00:37:13,080 --> 00:37:15,640
Speaker 4: Our YouTube channel is Meling in Money. Our Instagram channels

909
00:37:15,640 --> 00:37:17,400
Speaker 4: Melon and Money. Of course you can follow me personally.

910
00:37:17,440 --> 00:37:19,600
Speaker 4: George Action, Paul Junior, You're definitely gonna need to put

911
00:37:19,640 --> 00:37:26,000
Speaker 4: that because they're not we're not gonna start, they're gonna

912
00:37:26,200 --> 00:37:28,080
Speaker 4: they're probably gonna be spell that one. But I'm I'm

913
00:37:28,120 --> 00:37:30,800
Speaker 4: on you know, social media, YouTube, all that jazz.

914
00:37:30,800 --> 00:37:35,120
Speaker 3: So thank you for being on Wealth Wednesdays on way up.

915
00:37:35,320 --> 00:37:37,200
Speaker 1: Yes, this is gonna help people as we're all trying

916
00:37:37,239 --> 00:37:38,080
Speaker 1: to reach our goals.

917
00:37:38,120 --> 00:37:39,359
Speaker 4: Absolutely, thank you for having me