1 00:00:00,040 --> 00:00:01,760 Speaker 1: So I want to talk about full circle moments for 2 00:00:01,840 --> 00:00:04,880 Speaker 1: a second. Right, so we hear you're noted masters obviously, 3 00:00:04,880 --> 00:00:07,680 Speaker 1: Steve Stout, Let's talk about the power branding. I guess 4 00:00:07,720 --> 00:00:10,760 Speaker 1: you can all take this. But the importance of branding 5 00:00:10,880 --> 00:00:14,160 Speaker 1: and partnering with brands. That make sense, So Steve Stout, 6 00:00:14,240 --> 00:00:16,759 Speaker 1: the Rebok commercial, everybody knows that, the AI commercial. But 7 00:00:17,079 --> 00:00:19,560 Speaker 1: even to present day, like as I'm watching the NFL, 8 00:00:19,640 --> 00:00:23,040 Speaker 1: I'm hearing your voice over the commercials. Somebody yo your 9 00:00:23,120 --> 00:00:25,720 Speaker 1: kisses everywhere. Man, So talk about aligning with brands and 10 00:00:26,280 --> 00:00:27,720 Speaker 1: the power of power behind that. 11 00:00:28,120 --> 00:00:33,000 Speaker 2: Branding is very important. Aligning yourself with brands is even 12 00:00:33,080 --> 00:00:39,400 Speaker 2: more important. But with today's society social media, as you see, 13 00:00:39,440 --> 00:00:45,040 Speaker 2: when tragic things happen before somebody would help an elderly person, 14 00:00:45,600 --> 00:00:50,199 Speaker 2: they pull out their phone. So everybody's a brand. And 15 00:00:50,320 --> 00:00:53,240 Speaker 2: when you you know, when you're an artist or athlete, 16 00:00:53,360 --> 00:00:59,240 Speaker 2: a businessman, businesswoman, you gotta think that you're a brand 17 00:00:59,280 --> 00:01:02,080 Speaker 2: and do much as you can to support that brand, 18 00:01:02,160 --> 00:01:05,959 Speaker 2: give a positive outlook on the brand, and just keep 19 00:01:06,240 --> 00:01:10,520 Speaker 2: you know, productivity as much as you can because that's 20 00:01:10,560 --> 00:01:13,959 Speaker 2: going to help your financial situation in the long run. 21 00:01:14,040 --> 00:01:16,960 Speaker 2: With all e's on you in today's society. 22 00:01:17,680 --> 00:01:20,679 Speaker 3: So ron I want to ask you about ownership. You 23 00:01:20,840 --> 00:01:23,240 Speaker 3: broke down how you made a bunch of money by 24 00:01:23,280 --> 00:01:25,920 Speaker 3: selling like a fourteen thousand albums before on the show, 25 00:01:26,000 --> 00:01:32,080 Speaker 3: but talk about like the power of ownership and leveraging 26 00:01:32,840 --> 00:01:35,279 Speaker 3: that to actually make money. 27 00:01:35,360 --> 00:01:40,520 Speaker 4: Yeah. I really believe that that when you have the 28 00:01:40,600 --> 00:01:44,000 Speaker 4: right information, you have the right access to information, and 29 00:01:44,080 --> 00:01:47,320 Speaker 4: the right infrastructure, you really can As long as you're 30 00:01:47,360 --> 00:01:50,480 Speaker 4: rooted in service, you can really make however much you 31 00:01:50,520 --> 00:01:53,120 Speaker 4: want to make. So a lot of times I would 32 00:01:53,160 --> 00:01:54,880 Speaker 4: go to my record company and I say, hey, look, 33 00:01:54,920 --> 00:01:58,200 Speaker 4: you know my first album I sold you know, one 34 00:01:58,280 --> 00:02:01,280 Speaker 4: hundred and sixty thousand albums. I'm not platinum status, I 35 00:02:01,320 --> 00:02:04,360 Speaker 4: didn't have no records on the chart. Then my second album, 36 00:02:04,400 --> 00:02:07,600 Speaker 4: which was Grammy nominated, I only sold sixty thousand, and 37 00:02:07,640 --> 00:02:09,160 Speaker 4: so I went to him. I said, hey, look, we're 38 00:02:09,160 --> 00:02:11,679 Speaker 4: in a digital age. If I saw one hundred and 39 00:02:11,680 --> 00:02:14,280 Speaker 4: eighty thousand, how come we don't know all those people? 40 00:02:14,440 --> 00:02:16,360 Speaker 4: Can I just press the email and we could email 41 00:02:16,400 --> 00:02:18,480 Speaker 4: everybody who bought the last one. They should definitely want 42 00:02:18,520 --> 00:02:21,720 Speaker 4: to know about the first one. And it sounds funny now, 43 00:02:21,800 --> 00:02:26,320 Speaker 4: right because we should actually know. But I will present 44 00:02:26,360 --> 00:02:29,000 Speaker 4: this challenge to y'all that if you're building on social media, 45 00:02:29,080 --> 00:02:32,440 Speaker 4: you're really just renting your audience. And so for me 46 00:02:32,480 --> 00:02:34,760 Speaker 4: in twenty thirteen, I said, look, if I want to 47 00:02:34,800 --> 00:02:37,840 Speaker 4: actually have this information, I got to give to receive. 48 00:02:37,919 --> 00:02:40,160 Speaker 4: So I gave my number out on Twitter. I say, 49 00:02:40,160 --> 00:02:42,040 Speaker 4: he look to send me a text if you want 50 00:02:42,040 --> 00:02:44,720 Speaker 4: the record. And by that time I'd already bought my 51 00:02:44,840 --> 00:02:49,040 Speaker 4: contract out. So every single dollar that came in and 52 00:02:49,080 --> 00:02:51,639 Speaker 4: went straight to the bank account instantly. I see that's 53 00:02:51,639 --> 00:02:52,440 Speaker 4: what you're doing. 54 00:02:52,200 --> 00:02:55,560 Speaker 1: Now, Ernest, what's up? You ever walk into a small 55 00:02:55,600 --> 00:02:59,000 Speaker 1: business and everything just works like the checkout is fast, 56 00:02:59,120 --> 00:03:02,799 Speaker 1: or seats of digital tipping is a breeze and you're 57 00:03:02,840 --> 00:03:05,600 Speaker 1: out the door before the line even builds odds are 58 00:03:06,040 --> 00:03:09,640 Speaker 1: they're using Square? We love supporting businesses that run on 59 00:03:09,680 --> 00:03:12,400 Speaker 1: Square because it just feels seamless. Whether it's a local 60 00:03:12,440 --> 00:03:15,320 Speaker 1: coffee shop, a vendor at a pop up market, or 61 00:03:15,360 --> 00:03:18,560 Speaker 1: even one of our merch partners. Square makes it easy 62 00:03:18,600 --> 00:03:21,799 Speaker 1: for them to take payments, manage inventory, and run their 63 00:03:21,840 --> 00:03:25,799 Speaker 1: business with confidence, all from one simple system. If you're 64 00:03:25,840 --> 00:03:29,120 Speaker 1: a business owner or even just thinking about launching something soon. 65 00:03:29,480 --> 00:03:32,079 Speaker 1: Square is hands down one of the best tools out 66 00:03:32,080 --> 00:03:35,360 Speaker 1: there to help you start, run, and grow. It's not 67 00:03:35,480 --> 00:03:38,640 Speaker 1: just about payments, it's about giving you time back so 68 00:03:38,680 --> 00:03:41,360 Speaker 1: you can focus on what matters most ready. To see 69 00:03:41,360 --> 00:03:45,160 Speaker 1: how Square can transform your business, visit Square dot com 70 00:03:45,200 --> 00:03:50,000 Speaker 1: backslash go backslash eyl to learn more that Square dot 71 00:03:50,080 --> 00:03:55,000 Speaker 1: com backslash, go backslash eyl. Don't wait, don't hesitate. Let's 72 00:03:55,040 --> 00:03:57,520 Speaker 1: Square handle the back end so you can keep pushing 73 00:03:57,520 --> 00:04:03,440 Speaker 1: your vision forward. This episode is brought to you by 74 00:04:03,520 --> 00:04:06,240 Speaker 1: P and C Bank. A lot of people think podcasts 75 00:04:06,280 --> 00:04:09,520 Speaker 1: about work are boring, and sure they definitely can be, 76 00:04:10,040 --> 00:04:13,280 Speaker 1: but understanding a professionals routine shows us how they achieve 77 00:04:13,360 --> 00:04:17,560 Speaker 1: their success little by little, day after day. It's like 78 00:04:17,640 --> 00:04:20,440 Speaker 1: banking with P and C Bank. It might seem boring 79 00:04:20,440 --> 00:04:23,279 Speaker 1: to save, plan and make calculated decisions with your bank, 80 00:04:23,720 --> 00:04:26,200 Speaker 1: but keeping your money boring is what helps you live 81 00:04:26,279 --> 00:04:30,360 Speaker 1: a more happily fulfilled life. P and C Bank Brilliantly 82 00:04:30,440 --> 00:04:35,000 Speaker 1: Boring since eighteen sixty five. Brilliantly Boring since eighteen sixty 83 00:04:35,000 --> 00:04:38,279 Speaker 1: five is a service mark of the PNC Financial Service Group, Inc. 84 00:04:38,760 --> 00:04:42,680 Speaker 1: P and C Bank National Association Member FDIIC. 85 00:04:44,760 --> 00:04:47,320 Speaker 4: And so the beauty of that and this, I think 86 00:04:47,360 --> 00:04:50,960 Speaker 4: what you're talking about is first having that relationship, that 87 00:04:51,000 --> 00:04:54,240 Speaker 4: one on one relationship with the fans and letting them 88 00:04:54,279 --> 00:04:57,839 Speaker 4: know that you're here to actually be of service to them. 89 00:04:57,880 --> 00:05:02,080 Speaker 4: However they are looking to actually support you. So at 90 00:05:02,080 --> 00:05:06,200 Speaker 4: the very beginning, the opening conversation was just the music. Hey, 91 00:05:06,240 --> 00:05:08,680 Speaker 4: let me just download the music. But then people would 92 00:05:08,720 --> 00:05:11,240 Speaker 4: actually and when we talk about brand partnerships, people would 93 00:05:11,240 --> 00:05:14,160 Speaker 4: actually text in Yo, you didn't know, but I run 94 00:05:14,200 --> 00:05:17,279 Speaker 4: the Lamborghini club in so and so. So whenever you 95 00:05:17,320 --> 00:05:19,120 Speaker 4: do your next video, man, just call me. I'm gonna 96 00:05:19,120 --> 00:05:22,279 Speaker 4: bring seventeen of those things out. Sounds great to me, 97 00:05:23,480 --> 00:05:25,680 Speaker 4: you know what I mean? Yep, I was over there 98 00:05:27,200 --> 00:05:30,000 Speaker 4: next people say, you know what, Ryan, listen, we love 99 00:05:30,040 --> 00:05:33,039 Speaker 4: the concerts and everything. And I've been doing this for 100 00:05:33,080 --> 00:05:36,440 Speaker 4: a long time, actually doing my tickets direct, and sometimes 101 00:05:36,440 --> 00:05:40,360 Speaker 4: it's a struggle because the venues actually they have deals 102 00:05:40,480 --> 00:05:43,720 Speaker 4: with the larger promoters, etc. So I had to go 103 00:05:43,800 --> 00:05:46,200 Speaker 4: out and find a promoter that was willing to take 104 00:05:46,200 --> 00:05:48,000 Speaker 4: that chance with me. And when you look at it, 105 00:05:48,040 --> 00:05:51,760 Speaker 4: even in boxing, etc. Once the talent becomes the promoter, 106 00:05:52,240 --> 00:05:57,000 Speaker 4: the whole financial breakdown starts to change and they start 107 00:05:57,000 --> 00:05:59,120 Speaker 4: to understand their business better. And when they start to 108 00:05:59,200 --> 00:06:05,840 Speaker 4: understand their busines, the ingenuity of a creative becomes present 109 00:06:06,640 --> 00:06:11,120 Speaker 4: in the execution of those business ideas. And as you 110 00:06:11,160 --> 00:06:15,640 Speaker 4: sit here in this audience as creatives, make sure that 111 00:06:15,720 --> 00:06:18,200 Speaker 4: you pay attention to the business because as you know 112 00:06:18,279 --> 00:06:21,480 Speaker 4: your business better and better and better, your ingenuity as 113 00:06:21,520 --> 00:06:25,600 Speaker 4: a creator, your creativity, is what is going to make 114 00:06:25,640 --> 00:06:28,599 Speaker 4: the difference. We're watching it live in real time, watching 115 00:06:28,600 --> 00:06:31,760 Speaker 4: the history that's being made the ingenuity and creativity. But 116 00:06:31,880 --> 00:06:34,800 Speaker 4: also it's also about understanding that it's not just about you. 117 00:06:35,560 --> 00:06:39,560 Speaker 4: It's about being able to connect with those who also 118 00:06:40,480 --> 00:06:44,680 Speaker 4: relate to the impact that you want to have. And 119 00:06:44,760 --> 00:06:48,320 Speaker 4: so I watched my young brother right here. He found 120 00:06:48,800 --> 00:06:51,400 Speaker 4: a platform. I think it's called even Dabiz right. He 121 00:06:51,480 --> 00:06:56,440 Speaker 4: found that platform a young brother, another young young guy man, 122 00:06:56,839 --> 00:07:00,360 Speaker 4: super creative and said, look, your concept, but what you 123 00:07:00,400 --> 00:07:02,200 Speaker 4: want to do, we can help you bring it to life. 124 00:07:02,680 --> 00:07:05,440 Speaker 4: What does that do? That allows for you to remain 125 00:07:05,520 --> 00:07:08,640 Speaker 4: the creative and you can choose the folks on your 126 00:07:08,680 --> 00:07:12,600 Speaker 4: team that can elevate and put the infrastructure around the 127 00:07:12,640 --> 00:07:15,000 Speaker 4: impact that you want to have. Once again, it comes 128 00:07:15,040 --> 00:07:18,360 Speaker 4: down to having those phone numbers, making those phone numbers 129 00:07:18,400 --> 00:07:20,280 Speaker 4: work for you, making those phone calls work for you. 130 00:07:20,360 --> 00:07:24,560 Speaker 4: And so when we think about the economics of it, 131 00:07:25,360 --> 00:07:29,240 Speaker 4: once you can start to realize what products or services 132 00:07:29,280 --> 00:07:33,280 Speaker 4: people would actually pay a premium for, you can interact 133 00:07:33,320 --> 00:07:36,080 Speaker 4: and engage with those supporters at that level.