WEBVTT - Professional Development: Top Insights from Diddy's Talk at Invest Fest!

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

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<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

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<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

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<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

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<v Speaker 1>crossings are at the lowest levels ever recorded, and over

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<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

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<v Speaker 1>are here illegally, your next you will be fined nearly

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<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

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<v Speaker 1>never return. But if you register using our CBP home

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<v Speaker 1>app and leave now, you could be allowed to return legally.

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<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws,

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<v Speaker 1>border and families will be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security.

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<v Speaker 3>What was the biggest insights you had from interviewing did

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<v Speaker 3>he you were on stage with him? Electric he shared

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<v Speaker 3>a lot that I didn't. I hadn't seen him that

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<v Speaker 3>vulnerable in a long time, what was like two or

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<v Speaker 3>three of the insights that you guys took away from

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<v Speaker 3>him that allowed him to get to this moment.

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<v Speaker 4>Shout out to my guy, Caleb Silver, chief editor of Investipedia.

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<v Speaker 4>He did a great job at investments. But he was

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<v Speaker 4>talking to me, he was like, you know, he's given

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<v Speaker 4>me a compliment and he was just saying, like, you

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<v Speaker 4>guys doing a great job interview.

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<v Speaker 5>And he's like, I really like how you.

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<v Speaker 4>Followed up on certain questions and you added commentary to it.

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<v Speaker 4>It made it even more lively or the discussion was

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<v Speaker 4>like it was very, very well crafted. But a lot

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<v Speaker 4>of that just came from me just having epiphanies on stage.

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<v Speaker 5>In real time.

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<v Speaker 4>I can see the light bulb go off, Like when

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<v Speaker 4>he was saying he had a moment where he said that,

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<v Speaker 4>you know, him being a billionaire and there's only like

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<v Speaker 4>twelve black billionaires in America and he said there's like

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<v Speaker 4>sixteen black billionaires in the world, something like that, and

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<v Speaker 4>he was just saying that the help is not coming.

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<v Speaker 4>After we told the audience, he was like, look, I'm

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<v Speaker 4>seeing I saw over the hill. I'm kind of paraphrasing.

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<v Speaker 4>He was like, no, I got to the top of

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<v Speaker 4>the mountain, and I saw what's on the other side,

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<v Speaker 4>and I'm letting y'all know, the only way out of

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<v Speaker 4>this situation is for us to come together collectively the

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<v Speaker 4>help and the assistance.

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<v Speaker 5>It's not going to happen.

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<v Speaker 4>And that was like a metaphor for me because I

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<v Speaker 4>was just thinking in my brain, it's like a general,

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<v Speaker 4>like you know, I watched these shows like Game of

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<v Speaker 4>Thrones and all that stuff, like, you know, especially like

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<v Speaker 4>back then, like in real war time where it was

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<v Speaker 4>like you know, old school war where you fight like

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<v Speaker 4>hand in hand with like you know, running at each other.

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<v Speaker 4>The generals was never on the ground. The generals on

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<v Speaker 4>top of the hill because they have to be able

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<v Speaker 4>to see exactly what's happening so they can give orders

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<v Speaker 4>to the foot soldiers. So that's kind of like I

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<v Speaker 4>just had that moment in stage. I'm just thinking, like,

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<v Speaker 4>that's like the general like on top of the hell

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<v Speaker 4>you can't see that. The foot soldiers on the ground

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<v Speaker 4>can't see what's on the other side of the but

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<v Speaker 4>the general can't. So now the general was like, oh,

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<v Speaker 4>they got giants, you know what I mean, Like they

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<v Speaker 4>don't know that today they got dragons and all.

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<v Speaker 5>That you're about to get slaughtered.

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<v Speaker 4>So now he's reporting back like not rally the troops

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<v Speaker 4>like this, and then but the people on the ground,

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<v Speaker 4>they like telling the generals like they.

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<v Speaker 5>Don't what you're talking about, you know what I mean,

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<v Speaker 5>Like no, no, no, no.

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<v Speaker 4>If we can, if we can get to the other side,

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<v Speaker 4>then it's all rainbows, and they're like.

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<v Speaker 5>No, I'm telling you this stuff.

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<v Speaker 4>So when he was just explaining that, and he was

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<v Speaker 4>explaining from first hand experience as far as his lawsuit

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<v Speaker 4>with Theago, he went into that and explained why he's

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<v Speaker 4>in the AJO and the practices and you know how

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<v Speaker 4>it's different for him being black and different things that nature.

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<v Speaker 4>So I thought it was extremely insightful and honest he

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<v Speaker 4>was like you know, even for him, like the realization

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<v Speaker 4>it took him time to even realize that, Like you know,

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<v Speaker 4>he probably didn't fully understand that until he got to

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<v Speaker 4>that point, and it's just like oh, but he kind

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<v Speaker 4>of like drove down like I'm telling y'all, telling y'all,

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<v Speaker 4>I'm in it. I see it, I see what you

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<v Speaker 4>can't see. Yeah, you know what I mean. So to me,

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<v Speaker 4>that was a very insightful commentary on his behalf and

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<v Speaker 4>that was definitely a highlight moment for me for sure.

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<v Speaker 2>Yeah, what about you try.

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<v Speaker 6>There's a couple man, I think, And it's tough because

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<v Speaker 6>the world would never see it because they know that

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<v Speaker 6>the personality of Puff is very like alpha male, Yeah,

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<v Speaker 6>super dominant, a general. But the way he came to

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<v Speaker 6>invest fast was he respected us as generals too.

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<v Speaker 4>Yeah.

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<v Speaker 2>It was like, I.

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<v Speaker 6>Want to do what y'all want to do. Y'all tell

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<v Speaker 6>me what y'all want to do. Let's do it, Like

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<v Speaker 6>y'all want to do this, Ya want to do this here,

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<v Speaker 6>y'all want to do this, y'all want this to be

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<v Speaker 6>the look you want me to go to the marketplace.

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<v Speaker 2>Let's do everything y'all want to do.

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<v Speaker 6>And it was interesting, like I watched him and shot

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<v Speaker 6>you have an interaction because you know, like shoddy sometimes

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<v Speaker 6>like damn bro, I'm.

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<v Speaker 2>Always ready for like just in case something might go

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<v Speaker 2>the wrong way.

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<v Speaker 6>And I'm watching it and I watched him say something

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<v Speaker 6>to Puff and Puff looked and he got it right

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<v Speaker 6>away and he was like, tell me what you want.

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<v Speaker 6>I was like, oh, like he really respectsul what we're

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<v Speaker 6>doing here, So that was a moment and then again

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<v Speaker 6>him breaking down the barriers and we'll try somebody's looking

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<v Speaker 6>over the hill. It's interesting because he did talk about

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<v Speaker 6>the Diazo situation when he was looking over the hill.

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<v Speaker 6>But it made me realize that Piphanty moment was like, yo,

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<v Speaker 6>he's he's really done this in a.

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<v Speaker 2>Bunch of industries.

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<v Speaker 6>Absolutely, when we're talking about fashion, this is the first

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<v Speaker 6>luxury band of all, not just like Black Brant, the

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<v Speaker 6>first fashion label to ever be telecast on TV with

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<v Speaker 6>Sean Jean. He had his Runway show and now you

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<v Speaker 6>see Amazon doing the fancy show. Victoria's Secret became a thing,

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<v Speaker 6>but there was none of that before that was showing

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<v Speaker 6>John and so he's kicking down barriers in that industry.

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<v Speaker 6>He's done in the spirits, He's done it in music.

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<v Speaker 6>He will like he was that early, Like this was

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<v Speaker 6>something that and this is something that he was shared

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<v Speaker 6>with us, like he's that's been a vision since he

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<v Speaker 6>was a kid. Wow, Like he has always wanted that,

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<v Speaker 6>and so it was like, let me prove myself. And

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<v Speaker 6>most people thinking like puff in the height of this

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<v Speaker 6>is the height of bad boy, like I think big

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<v Speaker 6>had just passed.

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<v Speaker 2>But they no way out and all.

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<v Speaker 6>The things that already come out, and he's like, I

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<v Speaker 6>have to prove myself in this industry now, and so

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<v Speaker 6>that he does to rot And what he really wanted

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<v Speaker 6>was a tequila and so it's like, yeah, I prove

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<v Speaker 6>myself now. It was due to kill and then I

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<v Speaker 6>proved myself again with this barrier is that he's facing

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<v Speaker 6>right when we talk about black media, we know we're

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<v Speaker 6>in it, right. The battles that he's face, he's faced,

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<v Speaker 6>we're now about to face. And so for us, I

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<v Speaker 6>started to realize, wait, we are now earnest.

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<v Speaker 2>What's up?

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from El Salvador

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<v Speaker 1>accused of murdering a Texas. Man of Venezuelan charged with

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<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J. Trump's leadership. Christyom, the United States Secretary of

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<v Speaker 1>Homeland Security. Under President Trump, attempted illegal border crossings are

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<v Speaker 1>at the lowest levels ever recorded, and over one hundred

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<v Speaker 1>thousand illegal aliens have been arrested. If you are here

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<v Speaker 1>illegally your next you will be fine nearly one thousand

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<v Speaker 1>dollars a day, imprisoned and deported, you will never return.

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<v Speaker 1>But if you register using our CBP home app and

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<v Speaker 1>leave now, you could be allowed to return legally. Do

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<v Speaker 1>what's right. Leave now. Under President Trump, America's laws, border

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<v Speaker 1>and families.

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<v Speaker 5>Will be protected.

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<v Speaker 6>Sponsored by the United States Department of Homeland Security BAT

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<v Speaker 6>for the next Yeah generation.

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<v Speaker 2>Yeah of media.

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<v Speaker 6>They're looking at us like the deals that we make,

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<v Speaker 6>the partnerships that we make, the how they do it

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<v Speaker 6>and navigate it right. The relationships that we have. How

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<v Speaker 6>do you navigate through this? What does this look like

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<v Speaker 6>in real time? And I'm like, wow, this felt like

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<v Speaker 6>a torch yeah, passing right, like revolt, that's the family rights,

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<v Speaker 6>that's collaboration, right, that's that's not competition.

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<v Speaker 2>But now earn your lisia is hey here, y'all go.

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<v Speaker 5>Yeah.

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<v Speaker 6>Now that they get to watch you and do it

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<v Speaker 6>in real time, all the mistakes that I have, I

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<v Speaker 6>can now teach y'all and y'all can give it to

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<v Speaker 6>the next generation of media and black menia and hopefully

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<v Speaker 6>it spawns a small of people that I'm saying like, Yo,

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<v Speaker 6>we can do this, we can do this. We watch

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<v Speaker 6>them do it. They did in real time. They gave

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<v Speaker 6>us the blueprint how to do it. Let's go do it.

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<v Speaker 5>Yeah.

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<v Speaker 3>His showmanship was amazing. Just to see him be excited

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<v Speaker 3>and be vulnerable was incredible. Like I said, like it

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<v Speaker 3>spawned all of us on the side of the States

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<v Speaker 3>to start bringing someone with each other in real time,

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<v Speaker 3>like what do we need to do? How do we execute?

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<v Speaker 3>How we team together? But the most important thing and

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<v Speaker 3>all of that is a unity is needed. Like we

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<v Speaker 3>can't get to the generation of what do we want

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<v Speaker 3>and no slights to George Clooney put in chat, what's

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<v Speaker 3>George Clooney's Sequila name. He's Dinny's built up probably a

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<v Speaker 3>trillion dollars in value for those brands. It's real, it's

0:11:05.200 --> 0:11:09.160
<v Speaker 3>really huge. But George Cooney isn't diddy though, No, it's not.

0:11:09.200 --> 0:11:12.880
<v Speaker 5>Sure. Well, that's part of the situation. That's part of

0:11:12.920 --> 0:11:13.120
<v Speaker 5>the thing.

0:11:15.200 --> 0:11:18.880
<v Speaker 4>Yeah, So it's like, where did Coso just randomly just now,

0:11:18.880 --> 0:11:25.040
<v Speaker 4>it's like nobody's drinking anything except that doesn't happen by accident.

0:11:25.080 --> 0:11:26.720
<v Speaker 2>That's marketing and it's everywhere.

0:11:26.800 --> 0:11:30.040
<v Speaker 4>Yeah, it's marketing, and that's money, and that's distribution.

0:11:30.200 --> 0:11:31.920
<v Speaker 2>Yeah, distribute, and that's the key.

0:11:32.040 --> 0:11:34.480
<v Speaker 6>It's like, nah, this is not a black this is

0:11:34.520 --> 0:11:37.800
<v Speaker 6>a premium tequila, but Cosmo is not a premium tequila,

0:11:37.960 --> 0:11:39.880
<v Speaker 6>so it shouldn't be shelved in the same places.

0:11:40.200 --> 0:11:41.920
<v Speaker 3>And it goes back what you said to access to

0:11:42.000 --> 0:11:45.600
<v Speaker 3>venture capital, Angel, like we're only getting one percent of

0:11:45.640 --> 0:11:50.520
<v Speaker 3>the money that's available also distribution resources marketing dollars, Like

0:11:50.640 --> 0:11:53.679
<v Speaker 3>it's that's a great point, Like why is only one

0:11:53.720 --> 0:11:54.880
<v Speaker 3>percent going into that?

0:11:55.760 --> 0:11:56.040
<v Speaker 2>Right?

0:11:56.160 --> 0:11:59.280
<v Speaker 6>So imagine when you're you have a spirits brand and

0:11:59.280 --> 0:12:01.360
<v Speaker 6>you're getting one person out of the budget, but you're

0:12:01.400 --> 0:12:04.640
<v Speaker 6>the most popular and the other that's getting ten percent

0:12:04.640 --> 0:12:07.280
<v Speaker 6>of the budget because it's just going to succeed.

0:12:07.800 --> 0:12:10.240
<v Speaker 4>So this was that was and then when I spoke

0:12:10.280 --> 0:12:15.680
<v Speaker 4>about invest fests because that's an and led to the conversation,

0:12:16.320 --> 0:12:18.480
<v Speaker 4>and that led to other people in the audience that

0:12:18.640 --> 0:12:23.120
<v Speaker 4>offered things afterwards. You have to know when to say things. Yeah,

0:12:23.240 --> 0:12:27.120
<v Speaker 4>that's key, that's extremely important. And that's why I said

0:12:27.120 --> 0:12:31.040
<v Speaker 4>it because I knew that if it's seventeen thousand people

0:12:31.040 --> 0:12:36.280
<v Speaker 4>here watching stage, somebody is going to be important.

0:12:36.400 --> 0:12:38.959
<v Speaker 5>Yeah, what's the odds? Yeah. So but.

0:12:41.920 --> 0:12:45.840
<v Speaker 4>When black companies go into it, it gets pushed into

0:12:45.880 --> 0:12:49.560
<v Speaker 4>the diversity bucket yea, Yeah, diversity bucket might be like

0:12:49.679 --> 0:12:53.400
<v Speaker 4>five percent of it never goes into general marketing.

0:12:53.559 --> 0:12:54.120
<v Speaker 5>General marketing.

0:12:54.600 --> 0:12:57.000
<v Speaker 4>They cipher it off into Okay, this could be part

0:12:57.000 --> 0:12:59.800
<v Speaker 4>of our diversity program, or this could be part of

0:12:59.840 --> 0:13:05.040
<v Speaker 4>the Black initiative. With the regular marketing budget might be

0:13:05.080 --> 0:13:08.400
<v Speaker 4>one hundred million dollars, the Black initiative budget might be

0:13:08.440 --> 0:13:13.960
<v Speaker 4>one million dollars and divided amongst So that's so that's

0:13:14.000 --> 0:13:16.200
<v Speaker 4>the part where it's like, well, why can't it just

0:13:16.200 --> 0:13:19.120
<v Speaker 4>be part of general marketing. Why can't he be part

0:13:19.120 --> 0:13:20.640
<v Speaker 4>of one hundred million dollars? But how do you think

0:13:20.640 --> 0:13:24.680
<v Speaker 4>we overcome that? That's what Diddy said is the only

0:13:24.720 --> 0:13:27.400
<v Speaker 4>way to overcome it is is to collaboration with each other.

0:13:28.160 --> 0:13:32.600
<v Speaker 4>It's not going to happen. That's what's just chain. It's

0:13:32.640 --> 0:13:35.400
<v Speaker 4>not And somebody else told us that of equal status

0:13:35.400 --> 0:13:39.360
<v Speaker 4>as well, it's not going to happen. Never going to

0:13:39.400 --> 0:13:42.640
<v Speaker 4>be a time when the black company is going to

0:13:42.720 --> 0:13:45.880
<v Speaker 4>get just as much funding or just as much push

0:13:46.200 --> 0:13:50.480
<v Speaker 4>as the white company from a because it's a white company.

0:13:52.840 --> 0:13:57.240
<v Speaker 4>The unfortunate, harsh reality. So the only thing that you

0:13:57.280 --> 0:14:00.560
<v Speaker 4>can do is now work with other black companies to

0:14:00.720 --> 0:14:04.920
<v Speaker 4>accelerate the growth of that's the only one. It's only

0:14:05.240 --> 0:14:08.360
<v Speaker 4>is gonna happen. It's not gonna happen for s the numbers.

0:14:08.360 --> 0:14:08.800
<v Speaker 4>It's just not.

0:14:09.160 --> 0:14:12.000
<v Speaker 5>Yeah, that's interesting.

0:14:12.120 --> 0:14:16.040
<v Speaker 3>Unity is a force multiplier who were blocked out.

0:14:16.360 --> 0:14:19.280
<v Speaker 6>Let's just see who's ready to join, right, Like, if

0:14:19.280 --> 0:14:22.200
<v Speaker 6>we think about all the success that we've told about

0:14:22.240 --> 0:14:27.160
<v Speaker 6>those sixteen of the sixteen billionaires in the world, how

0:14:27.160 --> 0:14:28.560
<v Speaker 6>many of them have businesses together?

0:14:28.840 --> 0:14:31.080
<v Speaker 5>Yeah, that's a great point.

0:14:31.640 --> 0:14:32.440
<v Speaker 2>That's a great point.

0:14:32.960 --> 0:14:39.760
<v Speaker 6>Not many, even the American ones. I can't think of

0:14:39.840 --> 0:14:46.320
<v Speaker 6>three more work to do, timas now he said it right.

0:14:46.360 --> 0:14:49.760
<v Speaker 6>We talked about zero network by twenty fifty three. Yep,

0:14:50.440 --> 0:14:51.640
<v Speaker 6>we are on the clock.

0:14:52.160 --> 0:14:55.560
<v Speaker 3>And that's when the interest rates were less than three percent.

0:14:56.240 --> 0:14:58.640
<v Speaker 3>What he said, right when they took that study. Yeah,

0:14:58.760 --> 0:15:01.280
<v Speaker 3>interest rates with less than three percent. Now you accelerate

0:15:01.320 --> 0:15:04.360
<v Speaker 3>that number because there's decay in it when you multiply inflation,

0:15:04.960 --> 0:15:07.680
<v Speaker 3>and if you get priced out of housing, get price

0:15:07.720 --> 0:15:10.240
<v Speaker 3>out of condos. Even on a business side, it's harder

0:15:10.240 --> 0:15:12.800
<v Speaker 3>to even get capital for the business now. So now

0:15:12.800 --> 0:15:14.800
<v Speaker 3>you're going to accelerate that number. You can probably knock

0:15:14.800 --> 0:15:17.080
<v Speaker 3>that number down probably four years. And if we keep

0:15:17.080 --> 0:15:19.560
<v Speaker 3>that interest rate high for five or six years, it

0:15:19.680 --> 0:15:23.080
<v Speaker 3>is definitely a planned destruction. We are on the clock. Yeah,

0:15:23.120 --> 0:15:24.720
<v Speaker 3>we're on the clock. It's more work to do.

0:15:24.920 --> 0:15:28.520
<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:15:28.600 --> 0:15:32.400
<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:15:32.640 --> 0:15:36.760
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:15:36.840 --> 0:15:40.720
<v Speaker 1>filming and selling child pornography in Michigan. These are just

0:15:40.840 --> 0:15:44.600
<v Speaker 1>some of the heinous migrant criminals caught because of President

0:15:44.640 --> 0:15:48.160
<v Speaker 1>Donald J. Trump's leadership. I'm Christy Noman, the United States

0:15:48.240 --> 0:15:53.040
<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:15:53.080 --> 0:15:56.600
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:15:56.680 --> 0:15:59.840
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:16:00.120 --> 0:16:03.800
<v Speaker 1>or here illegally, your next you will be fine nearly

0:16:03.920 --> 0:16:07.920
<v Speaker 1>one thousand dollars a day, imprisoned and deported, you will

0:16:07.960 --> 0:16:11.600
<v Speaker 1>never return. But if you register using our CBP home

0:16:11.640 --> 0:16:15.000
<v Speaker 1>app and leave now, you could be allowed to return legally.

0:16:15.400 --> 0:16:20.080
<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws,

0:16:20.320 --> 0:16:22.760
<v Speaker 1>border and families will be protected.

0:16:22.840 --> 0:16:24.960
<v Speaker 2>Sponsored by the United States Department of Homeland Security.