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Speaker 1: Welcome to money making Conversations.

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Speaker 2: It's to show that she is the secrets of success

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Speaker 2: experience firsthand by Marketing and Brandon expert Rashan McDonald. I

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Speaker 2: will know he's giving me advice on many occasions. And

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Speaker 2: in case you didn't notice, I'm not broke. You know

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Speaker 2: he'll be interviewing celebrity CEOs, entrepreneurs and industry decision make

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Speaker 2: because it's what he likes to do.

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Speaker 1: It's what he likes to share.

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Speaker 2: Now it's time to hear from my man, Rashan McDonald

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Speaker 2: money making conversations.

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Speaker 1: Here we go.

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Speaker 3: Wow.

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Speaker 1: Stephen A was on The Talk today.

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Speaker 4: If you watch the Talk, he was promoting his book

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Speaker 4: Straight Shooter, a book that was basically dedicated to his mom.

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Speaker 1: Talks about his.

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Speaker 4: Career when he got fired from ESPN and how he

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Speaker 4: came back and becoming one of the major stars today.

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Speaker 4: That's Sue's voicing my intro every Tuesday and nationally on

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Speaker 4: syndicated and as well A it's on TV and streaming

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Speaker 4: on TV. That is money making conversation. I'm probably to

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Speaker 4: say that's the divorce of stephen A.

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Speaker 1: Smith.

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Speaker 4: All Right, Andrew Sean McDonald, as you know, a host

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Speaker 4: the weekly money Making Compensations Masterclass Show. The interviews and

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Speaker 4: information that this show provides are for everyone. It's time

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Speaker 4: to stop reading other people's success stories and really start

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Speaker 4: living your own. My guess on the show that they

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Speaker 4: have two of them. My first guest is doctor Robert Watkins.

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Speaker 4: He is all about building generational wealth. Doctor Watkins is

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Speaker 4: also known for several works he is authored. I've interviewed

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Speaker 4: him several times on various platforms that I call part

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Speaker 4: of our media empire, including his signature financial system and

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Speaker 4: book Never Chase a Paycheck Again. That's a great title

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Speaker 4: for a book, Never Chase a Paycheck Again. Doctor Watkins

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Speaker 4: is also hosting and producing the twenty twenty three Kings

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Speaker 4: and Priest Men's Empowerment Summit, held on October twenty seven

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Speaker 4: to twenty eighth at the Riverside Epicenter in Austere, Georgia,

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Speaker 4: which is located if you're flying into town. It's located

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Speaker 4: fifteen minutes from Atlanta Hartsfield Airport International Airport. The summit

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Speaker 4: central theme is to help men live their best lives

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Speaker 4: in every assay speak mentally, spiritually, physically, and emotionally. The

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Speaker 4: guest speaker will be my man and so in a

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Speaker 4: long time Less Brown throughout the event checked his out

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Speaker 4: this weekend, like I said, through twenty seventh and twenty

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Speaker 4: eighth of October. Throughout the event, participants can engage with

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Speaker 4: the Summer's dynamic speakers participating in the thought provoking workshop

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Speaker 4: and join interactive panel discussions. Things like shark tanks and

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Speaker 4: all these things will be going down. Please welcome to the

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Speaker 4: Money Making Conversation Master Class, Doctor Robert Watkins.

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Speaker 3: How you doing, sir, wonderful, wonderful, so good to be

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Speaker 3: back with you. Thank you for having me on.

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Speaker 1: Well so much. You know, you know you're so inspiring

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Speaker 1: and sow uplift.

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Speaker 4: Now now I got to ask you the magazine question

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Speaker 4: about the twenty twenty three Kings and Priest event, which

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Speaker 4: is happened in October twenty seven to twenty eighth.

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Speaker 3: What's the charge, Well, it's we have a free It's

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Speaker 3: free for those who want to come and enjoy us

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Speaker 3: honoring you and many others on Friday night, so it's

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Speaker 3: one forty nine. If they want to come on Saturday

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Speaker 3: as well, we'll have a power lunch, a chance and

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Speaker 3: hang out with the speakers. There's panels. But our whole

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Speaker 3: thing is ensuring that men work together strategically so we

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Speaker 3: all can finish strong this year. You know, we need

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Speaker 3: each other. And this platform does this stuff.

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Speaker 4: So you utter the words free. So how they went

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Speaker 4: to go to a website? Is their number they can

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Speaker 4: call to get this information because it's a men supported event.

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Speaker 4: I know you get sponsors on board, but you want

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Speaker 4: men to come there to kind of for this weekend too.

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Speaker 4: It isn't empowered weekly for women. We hear a lot

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Speaker 4: of these type of things like basically what they do

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Speaker 4: at essence every fourth of July weekend. That's an empowermenty

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Speaker 4: event for women. We all know that. But I know

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Speaker 4: you have been an author, a king so to speak

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Speaker 4: behind empowerment events for men.

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Speaker 3: Why yeah, Well, when men get in position financially and

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Speaker 3: we'll become emotionally whole. Our families stay together, our children

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Speaker 3: stay off the streets. Great things happen when men are empowered.

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Speaker 3: When they are when they have the resources and the

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Speaker 3: relationships that they need, their marriagans are going to be happier.

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Speaker 3: Divorce rates go down, unemployment rates begin to go down,

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Speaker 3: entrepreneurship rates go up. When men get in position in

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Speaker 3: our communities and our homes, and that has to be

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Speaker 3: our focus, especially as young people and especially as minority.

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Speaker 3: We have to get in position because there's nobody coming

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Speaker 3: to save our men. We got to work together to

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Speaker 3: save each other.

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Speaker 1: Well, it was really true.

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Speaker 4: You know, I've lived in born and races in Houston,

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Speaker 4: Dr Watkins, and lived in New York, Chicago, Los Angeles,

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Speaker 4: and currently live in Atlanta and every one of those cities.

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Speaker 1: You know.

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Speaker 4: You know, black stories, negative black stories lead and unfortunately

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Speaker 4: a lot of them tied to men in violent crimes

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Speaker 4: or robbery. And that's that's the image that you know,

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Speaker 4: our young people that people are other races, especially white

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Speaker 4: people tend to have of African American men. So we

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Speaker 4: already stereotype every morning, news and afternoons because of the

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Speaker 4: color of our skin. And these type of events kind

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Speaker 4: of like help us out too, because we can fall

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Speaker 4: victim to the stereotype. You you know, if you keep

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Speaker 4: telling somebody that that these type of people stealing, these

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Speaker 4: type of people are Qreat Robbert, you can start doubting

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Speaker 4: who you are and whether you.

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Speaker 1: Can be successful in this business.

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Speaker 3: Correct, absolutely, you know, one thing you always say and

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Speaker 3: I listen to you intently. We have to change the narrative.

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Speaker 3: And so we got to get out of talking into

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Speaker 3: actually doing. And there is a remnant of people, a

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Speaker 3: remnant of men who say, you know what, enough is

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Speaker 3: enough enough with the stereotypes. I'm breaking out of this.

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Speaker 3: But we can't do it ourselves. We've got to come

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Speaker 3: out of our basements, out of our depression, out of

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Speaker 3: our loneliness, out of our brokenness, out of our insecurities,

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Speaker 3: and say, you know what, life is not about me.

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Speaker 3: It's about me helping another man. And when we do that,

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Speaker 3: because other races do that, that's how a white brothers

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Speaker 3: has been able to survive all this time. Our Jewish

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Speaker 3: brothers been able to survive all the time because they

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Speaker 3: group together and they work together. But they have to

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Speaker 3: have a common cause. It's not just about money. It's

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Speaker 3: about our children and our children's children. We all have

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Speaker 3: the same cause. And when we come together, this is

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Speaker 3: no greater talent, in my opinion, than it is of

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Speaker 3: a black man who's working with another black man. That's

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Speaker 3: why the world fights so hard to keep us separated.

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Speaker 3: But when we come together, businesses, families, everything, money begins

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Speaker 3: to happen, and abundance and gets you benefits everybody, Right,

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Speaker 3: that's a benefit.

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Speaker 4: And that is so important that people hear that because

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Speaker 4: sometimes we just don't care. We just want to stop

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Speaker 4: the success stories. Again of talking to doctor Robert Watkins

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Speaker 4: his event that I'll be honored at. You know, tickets

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Speaker 4: are complementary for the Kings and priests. You can go

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Speaker 4: to this website kings ink ink as, kingsink dot com,

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Speaker 4: k I n G, s I n C dot com,

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Speaker 4: kingsink dot com for the event schedule for registration this

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Speaker 4: October twenty seventh and twenty eight Again, it's in Austell, Georgia,

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Speaker 4: which is fifteen minutes from Atlanta's herts For International Airport.

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Speaker 1: If you live in that area or you're flying it

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Speaker 1: in town.

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Speaker 4: For event, it's definitely an event, a man empowerment event. Now,

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Speaker 4: you recently did one in Orlando, correct in.

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Speaker 3: Florida's Yes, How is that tell.

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Speaker 4: Us about the difference between the two, because, like I

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Speaker 4: like to tell everybody, this is not a one off,

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Speaker 4: this is like his twentieth year. He's been doing this.

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Speaker 4: He's been reaching back and grabbing you know that famous

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Speaker 4: photo of a black arm reaching down, another black arm

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Speaker 4: grabbing in you pulling it up. That's been your mantra.

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Speaker 4: That's been your manto. Tell us about that other event.

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Speaker 3: Well, Orlando, every city, as you mentioned, and you live

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Speaker 3: in many cities, and thank you for for laying that

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Speaker 3: out force. Each city has its own personality. Orlando is

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Speaker 3: different than Atlanta. Orlando is a is a new black city,

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Speaker 3: as I call it. It's kind of maybe where Atlanta

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Speaker 3: was probably thirty years ago. While there's more than thirty

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Speaker 3: five hundred people a day are moving to Orlando, and

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Speaker 3: so Atlanta was like that some time ago. So you

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Speaker 3: have a lot of new relationships there. And so what

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Speaker 3: we did in Orlando, we brought together five or six

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Speaker 3: hundred brothers came together for that Kings in Prices Orlando,

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Speaker 3: and it was new even so many people. The pastors

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Speaker 3: didn't know each other, the business people didn't know each other,

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Speaker 3: the professional class didn't know each other, the media didn't

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Speaker 3: know each other. So bringing those guys together the room

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Speaker 3: was really special. Atlanta is a little different because most

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Speaker 3: people are from someplace else, but most of us have

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Speaker 3: been there for some time, and we got to get

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Speaker 3: out of our In Atlanta, you don't know who's real

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Speaker 3: and who's not right. You don't know who has money,

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Speaker 3: who doesn't have money. Everybody's falsest, everybody's ringing card houses.

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Speaker 3: You don't know who's real who's not. Everybody knows somebody

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Speaker 3: who's a celebrity. Everybody used to be a celebrity. So

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Speaker 3: we have a lot of false, false narratives that we

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Speaker 3: have we bring to the table, and so we're getting

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Speaker 3: beyond that. We're taking down the mask in Atlanta, and

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Speaker 3: we're saying, listen, you, we know you need money. Here's

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Speaker 3: how to get We know that you don't have any

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Speaker 3: real wealth, here's how to get it. We know that

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Speaker 3: you're walking around with a script and you're trying to

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Speaker 3: get it financed, and you've been doing this for the

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Speaker 3: last three years and you're just not getting it done.

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Speaker 3: You have a group of people who are ready to

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Speaker 3: get it done. I'm bringing in my best investors, my

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Speaker 3: best money people, my best pastors, my best ministers. We've

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Speaker 3: got doctor Tart that's coming, who is a world renowned

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Speaker 3: Christian psychiatrist to help us deal with emotional issues. And

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Speaker 3: so we're bringing the best in the brightest to help

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Speaker 3: men really become the man that they're supposed to be

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Speaker 3: and having the things that they're supposed to have when

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Speaker 3: they leave out of there. If you're whatever you're broken in,

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Speaker 3: I'm telling you it's going to be fit.

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Speaker 4: I'm going to tell you something, doctor Welkins. I was

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Speaker 4: just going to come one day. You got me fired up. Brother,

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Speaker 4: I have to be there because this what happened at

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Speaker 4: the event. Men will expand their network and build valuable relationships,

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Speaker 4: pitch their business and ministry to potential and esters for

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Speaker 4: financial support. Learn from billion dollar real estate producers about

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Speaker 4: wealth building strategies, deepen their connection with God and your

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Speaker 4: daily work and business life. It's called faith. Leave a

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Speaker 4: rich legacy for three generations because at the beginning I

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Speaker 4: told you about generational wealth and build generational wealth for

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Speaker 4: their families. That's a lot to say, and that's a

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Speaker 4: that's something that you are honoring me. Why are you

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Speaker 4: honoring lit No, Rashaan McDonald, Why.

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Speaker 1: Are you because you personally mad?

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Speaker 4: I'm just I'm just a doctor parking When you made

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Speaker 4: that call, man, I could you said, Rashana.

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Speaker 1: I'm not gonna say just this.

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Speaker 4: I'm not even going to the detail, but I was

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Speaker 4: that was a blessing brother, because I because you know,

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Speaker 4: because you you you work so hard. I was like,

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Speaker 4: you was grind men. I'm a grinder, you know. And

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Speaker 4: this year has been amazing. Man, how things have come

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Speaker 4: from my company, come to me as an individual and

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Speaker 4: this King's and priests.

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Speaker 1: Tell everybody what it is exactly, and why are you

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Speaker 1: honoring me?

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Speaker 3: We're honoring you because of your influence. Since there's a

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Speaker 3: lot of people that are listening that have influence and

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Speaker 3: they're misusing their influence. You're using your influence for good

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Speaker 3: to help people using your platforms. We see you on

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Speaker 3: social media, we'll hear you on the radio. And the

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Speaker 3: last time I was on the radio with you, they

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Speaker 3: were several guys from Houston. They came and they said,

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Speaker 3: we came because mister McDonald told us to come here.

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Speaker 3: They flew, he flew his It was like maybe ten

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Speaker 3: of them, and one guy flew in with his son,

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Speaker 3: his twenty seven year old son. They haven't talked in years. Wow.

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Speaker 3: And they got on a plane together. They traveled together,

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Speaker 3: which was monumental. They came to the meeting and they

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Speaker 3: got what they needed, and they came because of your influence.

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Speaker 3: That's just a small part the things that you've been

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Speaker 3: doing with all these celebrities for all the all of

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Speaker 3: these years. Man, we thank God for that, but we

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Speaker 3: think even God even more for the little things that

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Speaker 3: you've done for men and women over the year to

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Speaker 3: show us that you care, and that is worthy of

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Speaker 3: an honor. And I can't wait to stand you in

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Speaker 3: front of hundreds and hundreds and hundreds of men to

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Speaker 3: give you your flowers as an example to how other

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Speaker 3: men should live their lives. And that's why we're honoring Wow.

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Speaker 4: You know, I grew up with six sisters, you know,

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Speaker 4: and they made this man. You know, they their four

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Speaker 4: older sisters. I was a middle child. So that blessing

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Speaker 4: is from their hard work making me respectful.

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Speaker 1: You know.

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Speaker 4: I always tell people my I didn't other curse words

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Speaker 4: until I was nineteen years old, because that was you know,

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Speaker 4: and because I was afraid my dad.

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Speaker 1: You know, my dad said, hey, what'd you say?

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Speaker 3: Boy?

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Speaker 1: And so I'm old school okay, you know.

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Speaker 4: And so when I think about what is happening with

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Speaker 4: this particular honor, it's more so about me being able

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Speaker 4: to share my emotional values with individuals who attend this event.

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Speaker 4: And that's the key really that I get to be

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Speaker 4: able to take the time like I said. You know,

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Speaker 4: I didn't really, you know, because I'm just like I said,

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Speaker 4: I'm a grinder, Ladies and gentlemen. I just sit down

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Speaker 4: and I just do. And then when I started doing

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Speaker 4: my research on the event and what they was trying

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Speaker 4: to do, how can I not be there doing my part,

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Speaker 4: doing my part? Who if anybody shows up, if anybody

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Speaker 4: flies into town.

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Speaker 1: I gotta be there. I gotta be there. And then

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Speaker 1: my boy Less Brown talking too.

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Speaker 3: Come on, now, yes, we're excited about Les Brown coming.

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Speaker 3: He's excited. I was with Less a few days ago,

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Speaker 3: we were downtown together, and he's excited to see you

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Speaker 3: again as well. And you know, he said something that

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Speaker 3: was very key, and he said, he's only done one

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Speaker 3: other men's conference. Now this is Less Brown right in

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Speaker 3: his entire career, and that was a man power with TDJS.

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Speaker 3: He says, He says, this is only the second time,

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Speaker 3: and it's a lustless career of speaking of almost sixty years.

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Speaker 3: And so he's got something to say to us men

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Speaker 3: to make us more solid and for you and him

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Speaker 3: to be in the room together, boy, and you talk

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Speaker 3: about power So if there's anything that we can do

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Speaker 3: to serve you, to serve the men, I don't know

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Speaker 3: what else we can do, because we want these men

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Speaker 3: to come and we're learning from Here's what I call

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Speaker 3: h and you're you're one of these people, fathers of

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Speaker 3: the faith. You're you burst many of them than many

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Speaker 3: many many of you fathered us without even knowing that

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Speaker 3: You've got sons all over the place, and it's important

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Speaker 3: that the son honors a father.

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Speaker 4: While we can I appreciate that, I can't even respond

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Speaker 4: to that. I just know that this event has always

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Speaker 4: had incredible global leaders, as is John Maxwell, TDJ, Scruffle

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Speaker 4: Dollar Dale Browna, that's my buddy right there. And the

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Speaker 4: fact that it's just not going to be there. I know,

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Speaker 4: Ran Hudson, that's my man, Chess King gonna be there.

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Speaker 4: A lot of incredible people going to be there being

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Speaker 4: honored on this night and this weekend, you know, and

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Speaker 4: Marcus Benjamin, William Murphy, doctor Sam Chid, Luther Ragsdale's so

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Speaker 4: many incredible people that you selected for this event. But

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Speaker 4: the bottom line is that when we come back, I

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Speaker 4: want to get into that generational wealth. You know that

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Speaker 4: that whole thing you know you almost shut down my

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Speaker 4: show last time you was on here.

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Speaker 1: People calling me from Houston. How I get I was

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Speaker 1: calling you?

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Speaker 3: Man?

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Speaker 4: When you return them phone calls? When we come back,

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Speaker 4: we go here. He's the he's the founder, promoter, producer

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Speaker 4: of Kings and Priests, an event I will be honored

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Speaker 4: a bit more importantly, great financial advice from doctor Robert Rotkins.

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Speaker 4: When we return to Money Making Conversation Masterclass, We'll.

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Speaker 5: Be right back with more Money Making Conversations Masterclass with

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Speaker 5: rough Shawn McDonald.

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Speaker 6: HBCUs represents Black excellence. If you attend or are an

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Speaker 6: alumnus of an HBCU, we want to hear about your story.

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Speaker 6: The My HBCU Story Digital Library will allow current HBCU

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Speaker 6: students and alumni to share their stories. More information is

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Speaker 6: available at HBCU College Day dot com. You can upload

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Speaker 6: a photo. The photo can be recent or from when

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Speaker 6: you attended your HBCU. More information is available at HBCU

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Speaker 6: College Day dot com.

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Speaker 5: You are now tuned into the Money Making Conversations Minute

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Speaker 5: of Inspiration with Rashawn McDonald.

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Speaker 7: Following Tameron Hall's bittersweet exit from NBC Today Show more

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Speaker 7: than two years ago. A lot of people wrote her

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Speaker 7: off and some said it was a mistake to leave

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Speaker 7: the show. Well, Tameron Hall has overcome the odds and

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Speaker 7: now hosts one of the hottest shows in daytime talk.

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Speaker 8: Most important to me and for me is that folks

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Speaker 8: who are at home launching know what they're getting. They're

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Speaker 8: getting a real conversation. I hope they're getting smart questions.

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Speaker 8: We are looking for substantive ways to make our lives

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Speaker 8: better as people, as parents. The human experience is a

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Speaker 8: common thread. At the end of the day. I don't

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Speaker 8: want someone keeping me from my dream. I don't want

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Speaker 8: someone you know, standing in my way. I want inspiration.

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Speaker 8: I want to be a better wife, I want to

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Speaker 8: be a better daughter, I want to be a better mom.

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Speaker 8: And so that's a big part of what we talk

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Speaker 8: about on our show.

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Speaker 7: If you want to hear this full interview with Tameron Hall,

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Speaker 7: visit Moneymaking Conversation dot com.

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Speaker 1: Keep winning.

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Speaker 5: Now let's return to Money Making Conversations Masterclass with Rashaan McDonald.

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Speaker 4: Welcome back to Money Making Conversations Masterclass. I'm talking to

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Speaker 4: doctor Robert Watkins his event. If you want more information,

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Speaker 4: it's Kings ekeww dot Kings Inc.

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Speaker 1: Dot com.

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Speaker 4: It's ki n K I n GS Inc dot com

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Speaker 4: for more information about the event that happening in October

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Speaker 4: twenty seventh and twenty eighth as an event that's honoring

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Speaker 4: and supporting men and walking us through various steps of

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Speaker 4: being able to make a better life for ourselves. Because

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Speaker 4: once you make a better life for yourself, then you

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Speaker 4: make a better life for your family and the people

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Speaker 4: around you. Doctor Robert Watkins, let's get on to the

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Speaker 4: financial end of a conversation that always seems to turn

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Speaker 4: up the phone dolls when you come on the show.

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Speaker 4: Where do you get your information about financial success?

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Speaker 3: Well, we've got mister Luther Ragsdale that is coming to

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Speaker 3: Kingston Trees. He has bought, sold, and managed over two

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Speaker 3: billion dollars of real estate before age forty, and he's

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Speaker 3: coming to share about how he did what he did.

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Speaker 3: That's billions with a bee, and he did it in

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Speaker 3: real estate. And so I always tell people everybody's not

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Speaker 3: cut off cut out to be an entrepreneur, but everyone

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Speaker 3: is cut out to be an investor. What does that

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Speaker 3: mean taking the money you have and investing it in something?

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Speaker 3: The question is what should we be investing our money?

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Speaker 3: In right now, we should be investing our money in

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Speaker 3: anything that God has made, anything like gold, silver, real estate, oil, commodities, food,

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Speaker 3: anything that is in its raw material is going to

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Speaker 3: appreciate when the economy gets economy gets bad, and the

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Speaker 3: economy is going to get tougher, it's going to get darker.

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Speaker 3: And so what we do is advise people. I don't

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Speaker 3: care if you have one hundred dollars, I don't care

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Speaker 3: if you have five hundred dollars. What if you have

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Speaker 3: at the end of the month, before you spend that

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Speaker 3: money on a dinner that you're just going to kind

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Speaker 3: of burp and it's going away, before you spend that

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Speaker 3: money on shoes, call Robert Watkins and let's grow that

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Speaker 3: money that that hundred dollars to five hundred dollars to

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Speaker 3: one thousand dollars to one hundred thousand dollars to a

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Speaker 3: million dollars, maybe over four or five years. We can

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Speaker 3: show you how to do that and do it safely

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Speaker 3: with very little risk, because it's up to us to

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Speaker 3: build generational wealth. The bank is not going to tell

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Speaker 3: you how to build generational wealth. They're going to tell

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Speaker 3: you how to get in debt to get a car,

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Speaker 3: or how to get in debt to get a help.

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Speaker 3: They're not going to tell you how to build generational wealth.

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Speaker 3: That's our responsibility, and so we're bringing all these people

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Speaker 3: together to help do that. But if you can't make

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Speaker 3: the conference, you need to give us a call, and

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Speaker 3: we don't care what you have. Just have a little

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Speaker 3: bit of discipline to follow the instructions. We've set people

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Speaker 3: up to own bed and breakfast and restaurants and hotels

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Speaker 3: and motels and set companies anything that has been making money.

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Speaker 3: We've been a part of it. And we have our

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Speaker 3: own financial company as well to help move you along

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Speaker 3: a little bit further in life. You know, you have

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Speaker 3: to have an advisor.

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Speaker 4: Right because that's the whole thing is that you know,

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Speaker 4: I went through life and I've done a lot of things,

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Speaker 4: but I never had advisor that I trusted. I'm gonna

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Speaker 4: be honest with you, and that's the key word right there.

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Speaker 4: I have people in my financial planners, but I don't

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Speaker 4: know if I trust you, because guess what, you really

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Speaker 4: have to be patient. You have to understand the long run,

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Speaker 4: you know, like you know, like I said, compound and interest,

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Speaker 4: that was the word I never understood, and then my

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Speaker 4: wife said that that's been around forever.

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Speaker 1: I just looked that though, okay, thank you, thank you.

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Speaker 4: Let me realize I could have put something in thirty

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Speaker 4: years ago and we wouldn't need talking to nobody right

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Speaker 4: now because that. But because you hear about stock, you

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Speaker 4: hear about all. But there's simple processes that the bank

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Speaker 4: won't tell you about. Why is it that we go

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Speaker 4: to these banks? Let me ask you this, doctor, Robert Watkins,

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Speaker 4: how should we approach going into a bank?

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Speaker 1: Should we do some things differently?

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Speaker 4: Or you just won't win going into a bank trying

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Speaker 4: to get financial success.

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Speaker 3: Well, first of all, you have to understand the purpose

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Speaker 3: of a bank is not to make you money. The

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Speaker 3: only thing a bank can do at this point is

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Speaker 3: cash my check. The bank is in I was going

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Speaker 3: to cuss the bank is in the business of taking

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Speaker 3: people's money and using it to loan to other people.

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Speaker 3: That's the whole purpose of the bank. So I told

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Speaker 3: a group of pastors this morning, I was I was

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Speaker 3: ministering in black churches bring in nineteen billion dollars a month,

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Speaker 3: I mean nineteen billion dollars a year. Right, But the

436
00:21:53,000 --> 00:21:55,280
Speaker 3: reason why we don't feel it reason why we're not

437
00:21:55,320 --> 00:21:59,200
Speaker 3: sending kids to college and building facilities to the elderly.

438
00:21:59,400 --> 00:22:01,760
Speaker 3: The reason why we don't fill nineteen billion dollars in

439
00:22:01,800 --> 00:22:05,960
Speaker 3: Black America, it's because it's strapping thirty billion dollars in debt.

440
00:22:07,160 --> 00:22:10,960
Speaker 3: So when you have a debt mindset, like there's a

441
00:22:11,000 --> 00:22:13,760
Speaker 3: better way to get a house other than you just

442
00:22:13,920 --> 00:22:16,600
Speaker 3: getting Alan for thirty years. There's a better way of

443
00:22:16,640 --> 00:22:20,400
Speaker 3: you getting a part other than getting Alan for seven years.

444
00:22:20,400 --> 00:22:23,400
Speaker 3: The cars don't even number worth anything after five years.

445
00:22:23,840 --> 00:22:26,800
Speaker 3: So it's our mindset and approach to it. And so

446
00:22:27,320 --> 00:22:30,840
Speaker 3: your approach to bank should be I have money, I

447
00:22:30,920 --> 00:22:34,240
Speaker 3: have a vision. You need what I have. I don't

448
00:22:34,280 --> 00:22:38,520
Speaker 3: need you, you need me. And so the mindset is,

449
00:22:38,640 --> 00:22:41,919
Speaker 3: I'm doing your favor by putting my money in your

450
00:22:41,960 --> 00:22:45,480
Speaker 3: bank and so for that and I'm doing it consistently.

451
00:22:45,520 --> 00:22:47,919
Speaker 3: If I have a job, You're bringing a lot of

452
00:22:48,000 --> 00:22:51,320
Speaker 3: power to an entity that is acting like it doesn't

453
00:22:51,359 --> 00:22:54,159
Speaker 3: need you, and it does need you. And so the

454
00:22:54,160 --> 00:22:57,800
Speaker 3: first thing we have to understand is it is the

455
00:22:57,840 --> 00:23:01,119
Speaker 3: mindset of you have the power. Second, maybe you mentioned

456
00:23:01,119 --> 00:23:05,400
Speaker 3: compound and interests. Einstein said that is the great money multiplier,

457
00:23:05,760 --> 00:23:09,560
Speaker 3: and it really is and that is something that we

458
00:23:09,640 --> 00:23:12,439
Speaker 3: all need to learn. And that is something that that

459
00:23:12,560 --> 00:23:14,680
Speaker 3: is putting your money to work. As I said earlier,

460
00:23:14,760 --> 00:23:16,960
Speaker 3: everybody's not cut out to be an entreneur, but everybody's

461
00:23:16,960 --> 00:23:19,800
Speaker 3: cut out to be an investor. You need to educate

462
00:23:19,880 --> 00:23:23,880
Speaker 3: yourself on compound and interests and find out which entities,

463
00:23:24,080 --> 00:23:28,520
Speaker 3: which banks, or which investment banks, which dots have that

464
00:23:28,640 --> 00:23:34,280
Speaker 3: type of mode, that type of strategy to put your

465
00:23:34,320 --> 00:23:37,560
Speaker 3: money to work. Because money makes a terrible, terrible boss,

466
00:23:37,560 --> 00:23:41,159
Speaker 3: but it makes a great employee. So we have to

467
00:23:41,200 --> 00:23:44,919
Speaker 3: talk about how can I put this five hundred dollars

468
00:23:44,960 --> 00:23:48,879
Speaker 3: to work? And we have strategies to do that. So

469
00:23:50,320 --> 00:23:53,040
Speaker 3: a savings account, it doesn't make sense for you to

470
00:23:53,119 --> 00:23:56,479
Speaker 3: have a savings account with one thousand dollars in it

471
00:23:56,880 --> 00:23:59,200
Speaker 3: and you have a credit card with ten thousand dollars

472
00:23:59,240 --> 00:24:02,400
Speaker 3: on it. It account is giving you one percent interest

473
00:24:02,800 --> 00:24:05,600
Speaker 3: as the credit card has twenty three percent interest rate

474
00:24:05,640 --> 00:24:08,960
Speaker 3: on it. It makes no sense keeping a thousand dollars there, right,

475
00:24:09,080 --> 00:24:12,040
Speaker 3: take a thousand dollars all the savings account and pay

476
00:24:12,040 --> 00:24:15,280
Speaker 3: off and put it towards that that credit card. It's

477
00:24:15,280 --> 00:24:18,119
Speaker 3: just small things like that that can help you build wealth,

478
00:24:18,240 --> 00:24:19,639
Speaker 3: And it was the last thing I will say. The

479
00:24:19,800 --> 00:24:23,480
Speaker 3: end goal can't be making money. The end goal has

480
00:24:23,560 --> 00:24:28,879
Speaker 3: to be building wealth. There's a difference. The wealth is

481
00:24:28,880 --> 00:24:31,760
Speaker 3: is anything that can be handed down from generation to generation.

482
00:24:32,720 --> 00:24:35,520
Speaker 3: That should be our mindset. Nobody's gonna want your beat

483
00:24:35,560 --> 00:24:39,160
Speaker 3: up jellopey card, and when you die, nobody's even gonna want,

484
00:24:39,359 --> 00:24:42,359
Speaker 3: you know, your red bottom shoes, your thirty two inch weaves.

485
00:24:42,359 --> 00:24:44,960
Speaker 3: Nobody's gonna want any of that stuff that's not wealth.

486
00:24:45,640 --> 00:24:49,119
Speaker 3: So the issue is what can I leave behind for

487
00:24:49,240 --> 00:24:51,520
Speaker 3: my children? And that's what I need to work on.

488
00:24:52,320 --> 00:24:52,560
Speaker 1: Wow.

489
00:24:52,840 --> 00:24:54,479
Speaker 4: You know, one of the things that thank you for

490
00:24:54,480 --> 00:24:56,800
Speaker 4: that advice. One of the things that when we talk

491
00:24:56,800 --> 00:25:00,280
Speaker 4: about financial security at the event, you'll be taken dealing

492
00:25:00,280 --> 00:25:05,199
Speaker 4: with men's, especially black men's mental health. And I remember

493
00:25:05,240 --> 00:25:08,040
Speaker 4: when I first got my first writer's job back in

494
00:25:08,119 --> 00:25:10,560
Speaker 4: ninety three on Men and the Boys. It was starring

495
00:25:10,560 --> 00:25:15,160
Speaker 4: Steve Harvey, and every Friday they were white, they would

496
00:25:15,160 --> 00:25:18,479
Speaker 4: go to a therapist and I just didn't understand why

497
00:25:18,600 --> 00:25:22,440
Speaker 4: these white dudes kept going to these therapists. But that's

498
00:25:22,520 --> 00:25:24,400
Speaker 4: you know, that's the number of years ago we talked

499
00:25:24,400 --> 00:25:30,240
Speaker 4: about thirty years ago, where I saw this process being

500
00:25:30,320 --> 00:25:33,879
Speaker 4: played out at a job. It was accepted in Hollywood

501
00:25:33,880 --> 00:25:37,040
Speaker 4: that this was fine. And the black community still is

502
00:25:37,080 --> 00:25:40,000
Speaker 4: denying the stress. And we're born in the stress because

503
00:25:40,040 --> 00:25:41,680
Speaker 4: of the color of our skin, the way we're being

504
00:25:41,760 --> 00:25:44,240
Speaker 4: serious type. So we live a stressful life, but we

505
00:25:44,280 --> 00:25:47,520
Speaker 4: are not seeking out mental support. Why is that and

506
00:25:47,560 --> 00:25:50,000
Speaker 4: how it's being made available at the event.

507
00:25:51,080 --> 00:25:53,760
Speaker 3: Well, it's still made available because one of the major

508
00:25:54,119 --> 00:25:59,159
Speaker 3: issues is emotional insecurity is what I call it, and

509
00:25:59,280 --> 00:26:02,040
Speaker 3: other communities understand. If I don't keep my life together,

510
00:26:02,160 --> 00:26:04,760
Speaker 3: I'm going to be poor. If I don't keep my

511
00:26:04,760 --> 00:26:08,160
Speaker 3: mirrorge together. If I don't if I don't keep my sanctity,

512
00:26:08,240 --> 00:26:10,399
Speaker 3: if I allow stress to overtake me, it's going to

513
00:26:10,440 --> 00:26:13,879
Speaker 3: ruin my health. It's going to ruin my capacity to

514
00:26:13,960 --> 00:26:16,960
Speaker 3: make money, my capacity to be productive. If I shut

515
00:26:17,040 --> 00:26:20,320
Speaker 3: down and I start shutting other things that are important

516
00:26:20,320 --> 00:26:23,280
Speaker 3: to me down, like my children and my family. If

517
00:26:23,320 --> 00:26:26,359
Speaker 3: I start shutting down, I'm going to I'm not going

518
00:26:26,440 --> 00:26:29,520
Speaker 3: to be any good to anybody. So you're part of

519
00:26:29,560 --> 00:26:33,680
Speaker 3: your prosperity and your financial plan has to be emotional holeness.

520
00:26:34,720 --> 00:26:37,560
Speaker 3: So that's why guys on Wall Street, who's on tremendous,

521
00:26:37,600 --> 00:26:42,440
Speaker 3: tremendous pressure go to these therapists. That's why pastors do it,

522
00:26:42,480 --> 00:26:44,800
Speaker 3: That's why business leaders do it. I do it, my

523
00:26:44,840 --> 00:26:48,439
Speaker 3: wife does it. We're very successful and we do something

524
00:26:48,520 --> 00:26:52,240
Speaker 3: called marriage maintenance. I look forward to those sessions. It's great.

525
00:26:52,400 --> 00:26:55,840
Speaker 3: It's keeping me on track, and it's keeping my language

526
00:26:55,840 --> 00:26:58,960
Speaker 3: on track's keeping my vision focus, it's keeping me focused.

527
00:26:59,119 --> 00:27:01,280
Speaker 3: So it's allowing me to be present with my daughters.

528
00:27:01,359 --> 00:27:03,600
Speaker 3: Has allowing me to be present with my mother does

529
00:27:03,600 --> 00:27:05,600
Speaker 3: allowing me to be present even on this phone call.

530
00:27:05,800 --> 00:27:07,920
Speaker 3: And I have a lot of things going on right now,

531
00:27:08,240 --> 00:27:12,119
Speaker 3: but what keeps me focused is those therapy sessions in

532
00:27:12,200 --> 00:27:15,600
Speaker 3: keeping me emotionally hall. So the question is why don't

533
00:27:15,920 --> 00:27:19,440
Speaker 3: more of us do this? Because we're afraid. We're afraid

534
00:27:19,520 --> 00:27:22,800
Speaker 3: to ask for help. We're afraid to say, you know what,

535
00:27:22,960 --> 00:27:27,359
Speaker 3: I'm scared. I'm scared of losing my life. I'm scared

536
00:27:27,359 --> 00:27:29,560
Speaker 3: of losing my house. I'm scared of losing my job.

537
00:27:29,920 --> 00:27:33,399
Speaker 3: I am scared, and there's nobody I can talk to.

538
00:27:34,359 --> 00:27:37,080
Speaker 3: That's the money you should pay to go see someone

539
00:27:37,200 --> 00:27:38,920
Speaker 3: like doctor Tart, who's going to be at Kings and

540
00:27:38,960 --> 00:27:41,199
Speaker 3: Priests and he's going to help you get through that.

541
00:27:41,680 --> 00:27:43,600
Speaker 3: And that's a part of that whole unity thing. It's

542
00:27:43,640 --> 00:27:46,560
Speaker 3: not just about making money, it's about keeping your life together,

543
00:27:46,880 --> 00:27:49,960
Speaker 3: building wealth so you can leave something for this next generation.

544
00:27:50,720 --> 00:27:51,000
Speaker 1: Wow.

545
00:27:51,200 --> 00:27:54,040
Speaker 4: As we close out, the tickets are complimentary for the

546
00:27:54,119 --> 00:27:57,080
Speaker 4: Kings and Priest event which is October twenty seven, twenty eight.

547
00:27:57,720 --> 00:28:00,560
Speaker 4: As we wrap it up, just tell everybody exactly what's

548
00:28:00,560 --> 00:28:04,120
Speaker 4: going down at the event and why. Men men who

549
00:28:04,240 --> 00:28:06,600
Speaker 4: want information, men who want to be inspired, men who

550
00:28:06,600 --> 00:28:10,160
Speaker 4: want to discuss financial wealth, generational wealth, men who want

551
00:28:10,200 --> 00:28:13,520
Speaker 4: to be in a position to really tap into mental wholeness,

552
00:28:13,560 --> 00:28:16,600
Speaker 4: mental strength, and mental values they were carriative to the

553
00:28:16,600 --> 00:28:18,600
Speaker 4: next level. Tell us about the event as we wrap

554
00:28:18,680 --> 00:28:20,840
Speaker 4: up the interview and it thank you sir for coming

555
00:28:20,880 --> 00:28:22,840
Speaker 4: on my show, Money Making Conversation Master Class.

556
00:28:23,320 --> 00:28:25,359
Speaker 3: Well, it's always a pleasure to talk to a father

557
00:28:25,440 --> 00:28:27,359
Speaker 3: in the safe. You know. The reason why this is

558
00:28:27,359 --> 00:28:31,080
Speaker 3: so important is because men we need each other. One

559
00:28:31,080 --> 00:28:33,520
Speaker 3: of the big studies right now that's happening in this

560
00:28:33,600 --> 00:28:38,440
Speaker 3: economy is that men are facing loneliness. And when you're lonely,

561
00:28:38,480 --> 00:28:41,680
Speaker 3: when you're by yourself, you feel like nobody understands. It's

562
00:28:41,720 --> 00:28:44,120
Speaker 3: just a really, really difficult place to be, but I

563
00:28:44,160 --> 00:28:46,720
Speaker 3: believe that every man and every woman that's listening here,

564
00:28:46,760 --> 00:28:48,720
Speaker 3: you have a vision, you have a purpose, there's something

565
00:28:48,800 --> 00:28:50,960
Speaker 3: greater you're supposed to be doing, and we're going to

566
00:28:51,000 --> 00:28:52,800
Speaker 3: help men just do just that. You're going to be

567
00:28:52,800 --> 00:28:54,720
Speaker 3: a better father, a better husband, a better lover to

568
00:28:55,320 --> 00:28:58,200
Speaker 3: your wife. You're going to be present in all your things,

569
00:28:58,320 --> 00:29:01,080
Speaker 3: and you're going to be uber successful by mister McDonald,

570
00:29:01,480 --> 00:29:03,960
Speaker 3: and that's what we want from them. And we believe

571
00:29:04,000 --> 00:29:06,080
Speaker 3: that when the head gets in place, the man gets

572
00:29:06,080 --> 00:29:09,360
Speaker 3: in place in our homes, in our community, everything else

573
00:29:09,440 --> 00:29:14,240
Speaker 3: begins to flow. Money flows, love flows, life flows, happiness, smiles.

574
00:29:14,400 --> 00:29:17,479
Speaker 3: You make your mama proud, you make God crowd, and

575
00:29:17,840 --> 00:29:20,360
Speaker 3: that's exactly where we want you to be. So October

576
00:29:20,360 --> 00:29:24,080
Speaker 3: twenty seventh and twenty eight Kingsinc. Dot Com. It is complementary,

577
00:29:24,080 --> 00:29:26,520
Speaker 3: but we also have some VIP tickets available as well

578
00:29:26,560 --> 00:29:29,080
Speaker 3: from one forty nine and we look forward to meeting

579
00:29:29,080 --> 00:29:29,640
Speaker 3: everyone there.

580
00:29:30,040 --> 00:29:32,440
Speaker 4: My friend, thank you for coming on the show Kingsink

581
00:29:32,520 --> 00:29:35,600
Speaker 4: dot com doctor Robert Watkins, and I appreciate again let

582
00:29:35,760 --> 00:29:38,120
Speaker 4: everybody know thankful for you honor me at this event.

583
00:29:38,320 --> 00:29:43,040
Speaker 5: We'll talk soon, sir, Thank you, thank you for joining

584
00:29:43,120 --> 00:29:47,320
Speaker 5: us for this edition of Money Making Conversations Masterclass. Money

585
00:29:47,320 --> 00:29:51,640
Speaker 5: Making Conversations Masterclass with rough Shan McDonald is produced by

586
00:29:51,680 --> 00:29:55,400
Speaker 5: thirty eight fifteen Media Inc. More information about thirty eight

587
00:29:55,480 --> 00:29:59,240
Speaker 5: fifteen Media Inc. Is available at thirty eight fifteen media

588
00:29:59,320 --> 00:30:03,000
Speaker 5: dot com. And always remember to lead with your gifts