1 00:00:03,120 --> 00:00:05,200 Speaker 1: Speaks to the planet Charlamagne to God here and as 2 00:00:05,200 --> 00:00:07,560 Speaker 1: we come close the closing out this year, I just 3 00:00:07,560 --> 00:00:09,280 Speaker 1: want to say thank you for tuning it into the 4 00:00:09,280 --> 00:00:11,760 Speaker 1: Black Effect Podcast Network. There have been so many great 5 00:00:11,800 --> 00:00:13,880 Speaker 1: moments over the past year. Take a listen to some 6 00:00:13,920 --> 00:00:16,720 Speaker 1: of those captivating moments in this special best of episode. 7 00:00:17,960 --> 00:00:20,920 Speaker 2: So this episode, I'm talking to C. David Moody Junior, 8 00:00:21,079 --> 00:00:24,680 Speaker 2: the president. You're CEO of CD Moody Construction, one of 9 00:00:24,720 --> 00:00:27,800 Speaker 2: the largest black honed construction companies in the nation. This 10 00:00:27,960 --> 00:00:30,480 Speaker 2: was such a pleasure to do. His career spans over 11 00:00:30,560 --> 00:00:35,040 Speaker 2: three decades. He's built iconic projects that you know for sure, 12 00:00:36,200 --> 00:00:40,400 Speaker 2: like the Mercedes Benz Stadium in Atlanta, Maynard AH Jackson 13 00:00:40,400 --> 00:00:45,760 Speaker 2: International Concourse, at the Atlanta Airport, Hartsfield Jackson Airport, Turner Field, 14 00:00:45,840 --> 00:00:50,080 Speaker 2: they worked on, Phillips Serena, they worked on like all 15 00:00:50,120 --> 00:00:52,360 Speaker 2: the stuff that's iconic. He probably had his head in 16 00:00:52,400 --> 00:00:55,840 Speaker 2: it and he's been doing it while navigating the complexities 17 00:00:55,840 --> 00:00:58,720 Speaker 2: of the construction industry. So it's such a pleasure to 18 00:00:58,760 --> 00:01:01,240 Speaker 2: talk to you. And I want to start this off 19 00:01:01,360 --> 00:01:04,440 Speaker 2: with talking about the differences in like hand to hand 20 00:01:04,520 --> 00:01:07,120 Speaker 2: sales and like doing big business like you're doing today. 21 00:01:07,760 --> 00:01:12,360 Speaker 2: What is the difference between winning a customer and winning 22 00:01:12,400 --> 00:01:13,640 Speaker 2: a contract? 23 00:01:14,120 --> 00:01:17,759 Speaker 3: Realistically, to me, they're the same because it's about relationships. 24 00:01:18,240 --> 00:01:21,920 Speaker 3: It's about people trusting you. People believe in that you 25 00:01:21,959 --> 00:01:24,800 Speaker 3: can deliver the product that they want. So to me, 26 00:01:24,920 --> 00:01:29,200 Speaker 3: whether it's a small or big, you know, project or 27 00:01:29,240 --> 00:01:32,800 Speaker 3: winning a customer, the dollar size doesn't matter because to 28 00:01:32,920 --> 00:01:36,920 Speaker 3: that person, whatever dollar them out they're spending is a 29 00:01:36,920 --> 00:01:41,720 Speaker 3: lot to them. But it's really about trust. It's really 30 00:01:42,120 --> 00:01:44,640 Speaker 3: about relationships and trust. 31 00:01:45,600 --> 00:01:48,000 Speaker 2: To that end, And I was reading your story like 32 00:01:48,080 --> 00:01:50,800 Speaker 2: you started with a team of three people, you know, 33 00:01:51,000 --> 00:01:56,600 Speaker 2: doing concrete foundations in underground in Atlanta. And you know, 34 00:01:56,680 --> 00:01:59,080 Speaker 2: I think about when I read that part of your story, 35 00:01:59,160 --> 00:02:02,120 Speaker 2: you know, for sending black owned businesses still today just 36 00:02:02,200 --> 00:02:07,880 Speaker 2: about have employees. Ninety six percent of our businesses have 37 00:02:08,240 --> 00:02:12,400 Speaker 2: little or no employees, Like nobody's on the payroll. So entrepreneurs, 38 00:02:12,440 --> 00:02:15,639 Speaker 2: so proprietors and et cetera. How did you figure out 39 00:02:15,680 --> 00:02:17,800 Speaker 2: how to scale? How did you figure out how to 40 00:02:17,840 --> 00:02:20,079 Speaker 2: go from three people to sixty plus people? 41 00:02:21,520 --> 00:02:23,520 Speaker 4: You know, that's that's almost like a trick question. 42 00:02:24,520 --> 00:02:27,000 Speaker 3: And the reason I say that, you got to think 43 00:02:27,000 --> 00:02:29,000 Speaker 3: about When I started my business, I was thirty one 44 00:02:29,080 --> 00:02:33,400 Speaker 3: years old. I'm sixty eight now. I had no idea. 45 00:02:33,680 --> 00:02:38,080 Speaker 3: You know, sometime you start businesses and get into things 46 00:02:38,480 --> 00:02:40,239 Speaker 3: cause you're just so naive. 47 00:02:41,160 --> 00:02:41,400 Speaker 4: You know. 48 00:02:41,560 --> 00:02:46,120 Speaker 3: If I if I knew all that I know now, 49 00:02:46,160 --> 00:02:47,800 Speaker 3: back then, I don't know if i'd have did it. 50 00:02:48,160 --> 00:02:50,799 Speaker 3: I didn't realize the wear and tear of making payroll, 51 00:02:51,360 --> 00:02:54,920 Speaker 3: the responsibility of other people. You know, you eat what 52 00:02:55,040 --> 00:03:00,680 Speaker 3: you kill, so you're constantly on the hunt. I'm glad 53 00:03:00,760 --> 00:03:04,000 Speaker 3: I was naive because if I knew the wear and 54 00:03:04,080 --> 00:03:06,320 Speaker 3: tear and what it took, I wouldn't. 55 00:03:06,000 --> 00:03:09,320 Speaker 4: Have done it. I'm not gonna lie. 56 00:03:09,480 --> 00:03:13,280 Speaker 3: No, I probably wouldn't have. Could have been too scary. 57 00:03:13,480 --> 00:03:16,680 Speaker 3: It just it would have been too overwhelming and too scary. 58 00:03:16,680 --> 00:03:20,120 Speaker 3: And then once you're in, I had to feed my family, 59 00:03:20,440 --> 00:03:23,480 Speaker 3: so I couldn't quit. But there are many times I 60 00:03:23,520 --> 00:03:27,320 Speaker 3: wanted to quit because it's it takes a lot, it 61 00:03:27,400 --> 00:03:28,000 Speaker 3: really does. 62 00:03:28,800 --> 00:03:31,400 Speaker 2: Yeah, I'm living that life right now. And what's so 63 00:03:31,520 --> 00:03:34,560 Speaker 2: interesting is I learned this one principle that I hold 64 00:03:34,639 --> 00:03:36,480 Speaker 2: dear two now, I wish I would have learned it earlier. 65 00:03:36,480 --> 00:03:38,680 Speaker 2: And I'm going to ask your thoughts on this is 66 00:03:38,720 --> 00:03:42,040 Speaker 2: if I would have learned to reinvest the money earlier, 67 00:03:42,560 --> 00:03:44,720 Speaker 2: I would have been much better off. And so when 68 00:03:45,000 --> 00:03:47,600 Speaker 2: because I wasn't taught business growing up, you know, you 69 00:03:47,640 --> 00:03:50,440 Speaker 2: make you invest ten dollars and you get back twenty. 70 00:03:50,480 --> 00:03:53,119 Speaker 2: Now you go spend that extra ten when you could 71 00:03:53,120 --> 00:03:56,120 Speaker 2: have put that money back in and made the thing bigger. 72 00:03:56,640 --> 00:04:00,720 Speaker 2: And so the thing I learned was about reinvesting the profits. 73 00:04:00,800 --> 00:04:04,760 Speaker 2: What lessons have you learned about growth about business growth 74 00:04:05,280 --> 00:04:06,839 Speaker 2: that might have helped you along the way. 75 00:04:08,120 --> 00:04:10,640 Speaker 3: You know, I was kind of I was fortunate even 76 00:04:10,680 --> 00:04:12,920 Speaker 3: though my dad was not a business person. He was 77 00:04:12,960 --> 00:04:16,680 Speaker 3: a professor and then vice provos at the University of Michigan. 78 00:04:17,760 --> 00:04:20,120 Speaker 3: My dad grew up, you know, in the Depression, and 79 00:04:20,279 --> 00:04:23,040 Speaker 3: you know, things were tight, and grew up very poor 80 00:04:23,040 --> 00:04:23,840 Speaker 3: in Louisiana. 81 00:04:24,920 --> 00:04:26,320 Speaker 4: He always taught me to save. 82 00:04:26,760 --> 00:04:28,679 Speaker 3: He said, I don't care if you saved, but ten dollars. 83 00:04:29,520 --> 00:04:33,400 Speaker 3: So when I started my business, which we started under capitalized, 84 00:04:33,440 --> 00:04:36,800 Speaker 3: like all of us pretty much do, Whenever I made 85 00:04:36,839 --> 00:04:38,960 Speaker 3: a few dollars, I was scared to spend it. I 86 00:04:39,040 --> 00:04:41,280 Speaker 3: did reinvest it and made sure I could take care 87 00:04:41,320 --> 00:04:44,960 Speaker 3: of my family. So my dad also taught me always 88 00:04:45,000 --> 00:04:48,040 Speaker 3: lived beneath my means. So that way, if you run 89 00:04:48,080 --> 00:04:52,840 Speaker 3: into tough times, your life style doesn't really have to change. 90 00:04:53,279 --> 00:04:56,240 Speaker 3: So since I've been in business, I've lived beneath you know, 91 00:04:56,279 --> 00:04:59,160 Speaker 3: we've lived beneath our means. We've always tried to make 92 00:04:59,200 --> 00:05:03,480 Speaker 3: sure we save and starting a business broke and very 93 00:05:03,520 --> 00:05:06,719 Speaker 3: little capital. You're to me, I was always scared to 94 00:05:06,760 --> 00:05:09,680 Speaker 3: go broke. So I was a little different. You got 95 00:05:09,720 --> 00:05:11,880 Speaker 3: remember I started in the eighties. You know, I'm sixty 96 00:05:11,920 --> 00:05:14,640 Speaker 3: eight years old. Life was a little different. There was 97 00:05:14,640 --> 00:05:18,680 Speaker 3: no social media or no internet and stuff. So a 98 00:05:18,760 --> 00:05:22,520 Speaker 3: lot of the flash you see today we didn't see. Yeah, 99 00:05:22,600 --> 00:05:25,360 Speaker 3: you know, you might see the Avenue or Jet magazine, but. 100 00:05:25,960 --> 00:05:26,720 Speaker 4: That was about it. 101 00:05:26,800 --> 00:05:31,560 Speaker 3: So we really I just always had the rainy day 102 00:05:31,640 --> 00:05:35,000 Speaker 3: mentality as far as saving and especially being an entrepreneur. 103 00:05:36,160 --> 00:05:38,640 Speaker 2: To that point, do you think that what we're being 104 00:05:38,680 --> 00:05:42,720 Speaker 2: sold on social media actually hurts us and harms us 105 00:05:42,760 --> 00:05:44,400 Speaker 2: in our journey of entrepreneurship. 106 00:05:45,760 --> 00:05:49,800 Speaker 3: I think social media has its great benefits, but I 107 00:05:49,880 --> 00:05:53,680 Speaker 3: also think if you believe everything you see, it can't 108 00:05:53,760 --> 00:05:55,400 Speaker 3: hurt you because you think you should be at a 109 00:05:55,400 --> 00:05:58,440 Speaker 3: certain point. I'll give you a good example when I went. 110 00:05:58,600 --> 00:06:01,480 Speaker 3: You know, I'm a graduate of Moorhouse College at Howard University, 111 00:06:01,839 --> 00:06:05,080 Speaker 3: and I went back for my tenure reunit Morehouse, and 112 00:06:05,200 --> 00:06:07,760 Speaker 3: I was thirty two. Of my business had just started, 113 00:06:08,240 --> 00:06:10,040 Speaker 3: and so a lot of my classmates who have been 114 00:06:10,040 --> 00:06:13,480 Speaker 3: out ten years. I finished med school, law school, NBA's, 115 00:06:13,640 --> 00:06:16,120 Speaker 3: you know, all kind of these professional jobs. So they 116 00:06:16,160 --> 00:06:19,720 Speaker 3: were pretty they were kind of into their career and 117 00:06:19,800 --> 00:06:24,520 Speaker 3: starting to get you know, accumulate stuff and wealth. And 118 00:06:24,560 --> 00:06:29,440 Speaker 3: I was really kind of embarrassed inside because of my reunion. 119 00:06:29,520 --> 00:06:32,799 Speaker 3: I was just starting, you know, my wife and didn't 120 00:06:32,800 --> 00:06:34,920 Speaker 3: know how we're going to pay the house noe each month. 121 00:06:34,920 --> 00:06:38,920 Speaker 3: I mean, we were struggling, and I felt I almost 122 00:06:38,920 --> 00:06:40,800 Speaker 3: felt like, damn I failed. 123 00:06:41,880 --> 00:06:45,839 Speaker 4: But by the twentieth reunion, it was a different ball game. 124 00:06:46,680 --> 00:06:51,320 Speaker 3: So that's why you got to be so careful kind 125 00:06:51,360 --> 00:06:55,880 Speaker 3: of keeping up with, you know, other people and just 126 00:06:56,000 --> 00:06:57,320 Speaker 3: run your own race. 127 00:06:58,400 --> 00:07:02,160 Speaker 2: Yeah, it seems like most impossible to do these days, 128 00:07:02,279 --> 00:07:04,960 Speaker 2: because you know, and it's not even just the people 129 00:07:05,000 --> 00:07:07,320 Speaker 2: that we see driving the nicest cars and et cetera. 130 00:07:07,440 --> 00:07:10,680 Speaker 2: But like social media is the highlight reel. So you know, 131 00:07:10,760 --> 00:07:12,520 Speaker 2: even if it's like hey, I get this, I get 132 00:07:12,560 --> 00:07:15,160 Speaker 2: to have lunch with my wife at you know, you 133 00:07:15,200 --> 00:07:18,240 Speaker 2: know lunchtime, actually other people at work that we're chasing 134 00:07:18,280 --> 00:07:21,240 Speaker 2: these things that we may not be have earned yet 135 00:07:21,360 --> 00:07:24,880 Speaker 2: one or just haven't been free enough yet. So even 136 00:07:24,880 --> 00:07:27,560 Speaker 2: the things that aren't the big flashy cars or the watches, 137 00:07:27,720 --> 00:07:30,440 Speaker 2: how do we stay focused when it's even those simple 138 00:07:30,440 --> 00:07:32,640 Speaker 2: things that we feel like we should have just as 139 00:07:32,640 --> 00:07:33,160 Speaker 2: a right. 140 00:07:34,280 --> 00:07:36,920 Speaker 4: For me, It's all about who you are. 141 00:07:37,600 --> 00:07:40,240 Speaker 3: Like I said, I'm very fortunate my wife and now 142 00:07:40,280 --> 00:07:41,880 Speaker 3: will be married forty two years. 143 00:07:42,320 --> 00:07:44,040 Speaker 2: Congratulations eras. 144 00:07:44,600 --> 00:07:47,400 Speaker 4: And we just. 145 00:07:48,840 --> 00:07:52,320 Speaker 3: We've always lived a very simple life, you know my wife. 146 00:07:52,400 --> 00:07:54,280 Speaker 3: Yes we got nice things, don't get me wrong. But 147 00:07:55,320 --> 00:07:57,080 Speaker 3: the thing that really helped me, and I always tell 148 00:07:57,080 --> 00:07:59,240 Speaker 3: people just to really help me struggle through the tough 149 00:07:59,240 --> 00:08:02,760 Speaker 3: times in business, I didn't have a lifestyle. I had 150 00:08:02,800 --> 00:08:05,120 Speaker 3: to feed for my wife and myself to be happy. 151 00:08:06,240 --> 00:08:09,720 Speaker 3: My wife was happy with, you know, going to get 152 00:08:09,720 --> 00:08:12,040 Speaker 3: a pizza. She's still happy with just go and get 153 00:08:12,080 --> 00:08:15,200 Speaker 3: a pizza. So on am I. So when you don't 154 00:08:15,200 --> 00:08:19,280 Speaker 3: have a lifestyle to feed, it makes life much easier 155 00:08:20,200 --> 00:08:22,360 Speaker 3: in trying to build a business or just in general, 156 00:08:22,440 --> 00:08:26,280 Speaker 3: just try and build a career, build a career, but 157 00:08:26,320 --> 00:08:30,040 Speaker 3: the other thing that's very important too is that. 158 00:08:31,160 --> 00:08:33,240 Speaker 4: You got to protect your piece. 159 00:08:34,840 --> 00:08:37,280 Speaker 3: You know, trying to have all these things to do, 160 00:08:37,320 --> 00:08:40,000 Speaker 3: all these things while you're trying to build it can 161 00:08:40,080 --> 00:08:43,680 Speaker 3: upset your peace. And as I get older now my 162 00:08:43,800 --> 00:08:47,080 Speaker 3: piece is so important to me, I really protect my piece. 163 00:08:47,640 --> 00:08:50,800 Speaker 3: And I'm fortunate enough with a wife that when i 164 00:08:50,880 --> 00:08:53,920 Speaker 3: go home ninety nine point nine percent of the time, 165 00:08:54,080 --> 00:08:56,640 Speaker 3: it's going to be peace at home. And then usually 166 00:08:56,640 --> 00:08:57,160 Speaker 3: the only. 167 00:08:56,960 --> 00:08:58,480 Speaker 4: Time is not because I didn't do something I was 168 00:08:58,520 --> 00:09:02,640 Speaker 4: supposed to do, you know, but that piece is so important. 169 00:09:05,240 --> 00:09:08,160 Speaker 2: Rain Ventures is an early stage investment firm that focuses 170 00:09:08,200 --> 00:09:11,079 Speaker 2: on women and minority led startups, investing at the seed 171 00:09:11,120 --> 00:09:14,160 Speaker 2: in series, a stage in promising technology and tech enable 172 00:09:14,200 --> 00:09:18,400 Speaker 2: startups with high potential founders. Moniquide lets the founder and 173 00:09:18,480 --> 00:09:22,080 Speaker 2: managing partner. Erica Diagono Mineon is founder and general partner. 174 00:09:22,679 --> 00:09:26,160 Speaker 2: Monique is a globally recognized entertainment pioneer. Prior to founding 175 00:09:26,200 --> 00:09:28,840 Speaker 2: rain Venture Capital, she served as CEO the Mosly Brands 176 00:09:28,880 --> 00:09:31,640 Speaker 2: and Mostly Music group, home to a multi platinum roster 177 00:09:31,679 --> 00:09:35,600 Speaker 2: of artists, including iconic producer Timberland, One Republic Nellie Furtado, 178 00:09:35,720 --> 00:09:39,520 Speaker 2: and others. She brings over two decades of unprecedented success 179 00:09:39,640 --> 00:09:43,440 Speaker 2: as a CEO working in entertainment, marketing, press and entrepreneurship. 180 00:09:43,800 --> 00:09:45,760 Speaker 2: Eric has been an active investor and advised it to 181 00:09:45,800 --> 00:09:49,280 Speaker 2: early stage companies for over fifteen years. Before launching Rain, 182 00:09:49,520 --> 00:09:52,520 Speaker 2: she was founding partner of one Thousand Angels, managing director 183 00:09:52,600 --> 00:09:55,760 Speaker 2: at Dream Adventures, and executive director at both Star Angel 184 00:09:55,800 --> 00:09:58,800 Speaker 2: Network and Golden Seeds. Before she began a career in venture, 185 00:09:58,920 --> 00:10:02,319 Speaker 2: she practiced investment. He got City Group, Credit, Sweet and 186 00:10:02,440 --> 00:10:07,240 Speaker 2: Cantor Fitz jailed. So beginning with you heremoniue, like, you know, 187 00:10:07,760 --> 00:10:10,360 Speaker 2: when we're growing up, you know, we have these ideas 188 00:10:10,400 --> 00:10:12,840 Speaker 2: of what we're going to do when we become big adults. 189 00:10:12,920 --> 00:10:16,840 Speaker 2: You know, and I imagine you did not imagine that 190 00:10:16,960 --> 00:10:20,280 Speaker 2: you would be an investor, you know, as a child. 191 00:10:20,400 --> 00:10:24,880 Speaker 2: Like what what in your career started to open up 192 00:10:24,920 --> 00:10:27,520 Speaker 2: this the awareness of the opportunity of investing and what 193 00:10:27,600 --> 00:10:28,720 Speaker 2: got you interested in it? 194 00:10:29,440 --> 00:10:31,600 Speaker 5: I mean, I think it was it was like a 195 00:10:31,600 --> 00:10:34,040 Speaker 5: lot of things, I think, just my journey in general, 196 00:10:35,160 --> 00:10:38,600 Speaker 5: not coming from a finance background. But then, you know, 197 00:10:39,080 --> 00:10:43,400 Speaker 5: being an entrepreneur, you're so focused on what you love doing, 198 00:10:44,080 --> 00:10:47,880 Speaker 5: that I don't know that the proper education ever went 199 00:10:48,040 --> 00:10:54,040 Speaker 5: into to feed me personally on what does this look like? 200 00:10:54,240 --> 00:10:58,280 Speaker 5: What does this look like investing? What does this look like, 201 00:10:58,640 --> 00:11:02,200 Speaker 5: you know, from a legacy perspective and not so much 202 00:11:02,480 --> 00:11:06,520 Speaker 5: like just only understanding the work that I did or 203 00:11:06,559 --> 00:11:09,400 Speaker 5: the work that my family did. And I think that 204 00:11:09,840 --> 00:11:12,679 Speaker 5: I started getting curious. And it just so happened that 205 00:11:13,280 --> 00:11:16,840 Speaker 5: when my curiosity was being piqued, I met Erica. I 206 00:11:16,920 --> 00:11:19,880 Speaker 5: was a part of an executive MBA program and they 207 00:11:19,920 --> 00:11:23,760 Speaker 5: brought her in to teach alternative investing. And it kind 208 00:11:23,800 --> 00:11:25,800 Speaker 5: of just to be honest, it was frustrating to me 209 00:11:26,080 --> 00:11:29,400 Speaker 5: to be the CEO and co founder of a successful 210 00:11:29,400 --> 00:11:33,920 Speaker 5: company but never really have too many financial options. And 211 00:11:34,160 --> 00:11:39,079 Speaker 5: also we're doing all the work, but what was what 212 00:11:39,200 --> 00:11:41,839 Speaker 5: was our model based on? And how much ownership did 213 00:11:41,880 --> 00:11:45,040 Speaker 5: we really have of, you know, from equity and equality 214 00:11:45,080 --> 00:11:47,680 Speaker 5: perspective of the work that we were doing. And so 215 00:11:47,760 --> 00:11:49,719 Speaker 5: I just started asking a lot of these questions and 216 00:11:49,760 --> 00:11:51,800 Speaker 5: I couldn't get the answers from a lot of people, 217 00:11:51,880 --> 00:11:54,600 Speaker 5: and Erica really took the time to start talking to 218 00:11:54,640 --> 00:11:55,400 Speaker 5: me about things. 219 00:11:56,000 --> 00:11:58,440 Speaker 2: So Erica, I wanted to pass this to you also 220 00:11:58,480 --> 00:12:00,760 Speaker 2: because you know, in reading your story, you know you 221 00:12:00,800 --> 00:12:05,800 Speaker 2: were incredibly academically intelligent. You know, you had that academic chops. 222 00:12:05,880 --> 00:12:08,160 Speaker 2: You know, I think you graduated from high school at sixteen, 223 00:12:09,360 --> 00:12:11,920 Speaker 2: so you wanted to go into the medical field for 224 00:12:11,960 --> 00:12:13,840 Speaker 2: a little while and found yourself in finance. 225 00:12:14,400 --> 00:12:16,600 Speaker 5: Oh my goodness, do you know that That's the first 226 00:12:16,600 --> 00:12:19,720 Speaker 5: time I ever like see, even almost thirteen years later, 227 00:12:19,760 --> 00:12:21,719 Speaker 5: I just learned something new about her. I did not 228 00:12:22,280 --> 00:12:23,520 Speaker 5: graduated at sixteen. 229 00:12:23,640 --> 00:12:29,480 Speaker 2: Yeah, well really, yes, yes, yeah again. I was thinking 230 00:12:29,520 --> 00:12:32,000 Speaker 2: about a quote I heard from you, Monique in a 231 00:12:32,000 --> 00:12:34,280 Speaker 2: previous interview where you said, you know, fundraising is not fun. 232 00:12:34,480 --> 00:12:36,960 Speaker 2: A lot of people don't realize investors have to fundraise 233 00:12:37,120 --> 00:12:38,880 Speaker 2: just like founders have to fundrais you. 234 00:12:38,840 --> 00:12:42,360 Speaker 5: Know, it's interesting, Will I was. I personally was actually 235 00:12:42,400 --> 00:12:47,000 Speaker 5: really surprised that first of all, most you know how 236 00:12:47,040 --> 00:12:50,440 Speaker 5: deeply I'm in the founder community, you know, how honest 237 00:12:50,480 --> 00:12:53,280 Speaker 5: they all speak to me and transparent, and like one 238 00:12:53,360 --> 00:12:55,800 Speaker 5: of the biggest things was the offense of the no 239 00:12:56,800 --> 00:12:59,680 Speaker 5: and oh you know, they took me through this process 240 00:12:59,720 --> 00:13:02,600 Speaker 5: and it is still a no. And one of the 241 00:13:02,640 --> 00:13:05,400 Speaker 5: things that we implement it at rain Ventures is like 242 00:13:05,440 --> 00:13:09,280 Speaker 5: this onboarding process where there's like a two hour session 243 00:13:09,440 --> 00:13:13,040 Speaker 5: that we do with the entire team. It's mandatory like 244 00:13:13,160 --> 00:13:15,560 Speaker 5: all of their teammates, and it's like what does it 245 00:13:15,640 --> 00:13:18,440 Speaker 5: mean to be a venture back company? And a few 246 00:13:18,440 --> 00:13:20,840 Speaker 5: of the slides I really do deal with like the 247 00:13:20,880 --> 00:13:26,400 Speaker 5: fact that we're we actually fundraise to then deploy capital 248 00:13:26,800 --> 00:13:30,400 Speaker 5: to the selected companies. Just like we're asking you all 249 00:13:30,480 --> 00:13:33,240 Speaker 5: questions and we're getting updates and we're talking to you 250 00:13:33,320 --> 00:13:37,439 Speaker 5: about the business, we actually have an accountability to our investors. 251 00:13:37,880 --> 00:13:38,080 Speaker 4: You know. 252 00:13:38,240 --> 00:13:42,400 Speaker 5: Yeah, there's the traditional like Okay Karta, but it's not 253 00:13:42,920 --> 00:13:46,359 Speaker 5: very you know, unlikely for us to hear from LPs 254 00:13:46,679 --> 00:13:49,520 Speaker 5: who contact us directly and on the spot. They want 255 00:13:49,559 --> 00:13:53,120 Speaker 5: a deep dive and you know, it's our obligation to 256 00:13:53,200 --> 00:13:55,760 Speaker 5: do that for them. And so trying to get this 257 00:13:55,960 --> 00:13:58,360 Speaker 5: for me and rain Ventures, and what Eric and I 258 00:13:58,440 --> 00:14:00,960 Speaker 5: decided is that it isn't important not just to do 259 00:14:01,080 --> 00:14:04,480 Speaker 5: the the deployment, but also to educate the founders and 260 00:14:04,559 --> 00:14:07,840 Speaker 5: the teams on what type of accountability, What type of 261 00:14:07,840 --> 00:14:11,480 Speaker 5: portfolio are you even sitting in? Who what other you know, 262 00:14:11,520 --> 00:14:14,520 Speaker 5: who are your colleagues in the Rain Ventures portfolio? What 263 00:14:14,679 --> 00:14:17,200 Speaker 5: do they look like? What does this concept look like 264 00:14:17,520 --> 00:14:19,960 Speaker 5: and then here's the follow on capital that has come. 265 00:14:20,360 --> 00:14:23,160 Speaker 5: Can you all meet that standard? And these are tough 266 00:14:23,200 --> 00:14:25,040 Speaker 5: conversations sometimes. 267 00:14:27,640 --> 00:14:31,360 Speaker 2: You Donna's Haslam is a three time NBA Champion, Miami 268 00:14:31,400 --> 00:14:35,240 Speaker 2: Heat Legend, and NBA TV analysts. He's now teaming up 269 00:14:35,280 --> 00:14:38,600 Speaker 2: with Wells Fargo and the Rebuilding Together organization to make 270 00:14:38,640 --> 00:14:41,520 Speaker 2: a lasting impact in the community by providing critical home 271 00:14:41,560 --> 00:14:45,880 Speaker 2: repairs and safety modifications for families in need. He Donas 272 00:14:45,920 --> 00:14:49,840 Speaker 2: is a businessman, philanthropicks, an advocate for underserved communities, and 273 00:14:49,920 --> 00:14:53,200 Speaker 2: this partnership furthers his efforts uplift and inspire the next 274 00:14:53,200 --> 00:14:56,840 Speaker 2: generation in his hometown of Miami, Florida. As a businessman, 275 00:14:57,200 --> 00:15:00,400 Speaker 2: you know sometimes often every relationship you get to as 276 00:15:00,400 --> 00:15:02,280 Speaker 2: a business person, you've got to vet to make sure 277 00:15:02,280 --> 00:15:06,560 Speaker 2: that this aligns with the things that are important to you. So, 278 00:15:06,680 --> 00:15:09,760 Speaker 2: when you think about doing things with underserved communities, what 279 00:15:10,000 --> 00:15:12,960 Speaker 2: speaks to you with regards to the initiatives you get 280 00:15:13,000 --> 00:15:13,520 Speaker 2: involved with. 281 00:15:13,560 --> 00:15:15,560 Speaker 6: I think for me, you know, having a connection to 282 00:15:15,600 --> 00:15:19,400 Speaker 6: the people in those communities, you know, never separating myself, 283 00:15:19,480 --> 00:15:21,480 Speaker 6: never walking around with with security where people feel like 284 00:15:21,520 --> 00:15:24,520 Speaker 6: they can't approach me. I'm always in the communities. I'm 285 00:15:24,520 --> 00:15:27,240 Speaker 6: always in the hood, I'm always in the cities, and 286 00:15:27,280 --> 00:15:29,160 Speaker 6: I continue to listen to the people. You know, if 287 00:15:29,160 --> 00:15:30,320 Speaker 6: you want to walk up to me and have a 288 00:15:30,320 --> 00:15:33,680 Speaker 6: conversation with me, I'm all ears. I'm welcoming people with 289 00:15:33,760 --> 00:15:36,480 Speaker 6: open arms, you know. So I feel like that's always 290 00:15:36,520 --> 00:15:38,560 Speaker 6: been the best way to being able to impact your 291 00:15:38,560 --> 00:15:41,400 Speaker 6: communities is really listen directly to what the people are 292 00:15:41,400 --> 00:15:44,600 Speaker 6: saying they need and what they're dealing with. Oftentimes, the 293 00:15:44,680 --> 00:15:46,920 Speaker 6: media can pick and choose what they want to bring 294 00:15:46,960 --> 00:15:49,480 Speaker 6: to us, you know, the news can pick and choose 295 00:15:49,480 --> 00:15:51,160 Speaker 6: what they want to tell you about. But if you 296 00:15:51,200 --> 00:15:52,920 Speaker 6: go in these communities and you spend time with these 297 00:15:52,920 --> 00:15:55,880 Speaker 6: people and you just are there, you know, you'll get 298 00:15:55,920 --> 00:15:57,560 Speaker 6: the just of it, and you'll get the real and 299 00:15:57,600 --> 00:15:59,960 Speaker 6: you'll understand really what they're dealing with every day. 300 00:16:00,800 --> 00:16:01,000 Speaker 4: You know. 301 00:16:01,160 --> 00:16:03,120 Speaker 6: That was the reason why you know, the Don Tasm 302 00:16:03,200 --> 00:16:07,200 Speaker 6: Foundation immediately got into, you know, the housing situation where 303 00:16:07,280 --> 00:16:09,720 Speaker 6: we were understanding the huge gap of Okay, you need 304 00:16:09,760 --> 00:16:11,800 Speaker 6: about one hundred and ten thousand to live comfortably in 305 00:16:11,800 --> 00:16:14,040 Speaker 6: South Florida, but on average, people only making sixty to 306 00:16:14,080 --> 00:16:16,560 Speaker 6: seventy Okay, that's about a forty fifty thousand dollars gap 307 00:16:16,560 --> 00:16:19,200 Speaker 6: where how can people live comfortably? Now we're talking about 308 00:16:19,240 --> 00:16:21,960 Speaker 6: getting into the fight and we have to affordable housing projects. 309 00:16:22,120 --> 00:16:24,560 Speaker 6: Now you look around and you see Wells Fargo, the 310 00:16:24,560 --> 00:16:27,160 Speaker 6: Bank of Doing, and you understand, you know, what their 311 00:16:27,200 --> 00:16:30,040 Speaker 6: initiative is, what their goals are. And then you say, okay, 312 00:16:30,160 --> 00:16:32,200 Speaker 6: well maybe we can collaborate, you know, maybe we can 313 00:16:32,240 --> 00:16:32,880 Speaker 6: do this together. 314 00:16:33,000 --> 00:16:35,160 Speaker 4: You know one thing I know about, you know, building a. 315 00:16:35,160 --> 00:16:37,440 Speaker 6: Championship team and a championship roster, is it takes a 316 00:16:37,440 --> 00:16:40,880 Speaker 6: collaboration of people with the same like mindset and with 317 00:16:40,960 --> 00:16:44,200 Speaker 6: the same goals. I think Wells Fargo had that goal. 318 00:16:44,480 --> 00:16:47,760 Speaker 6: The Donasasm Foundation had that goal. Wells Fargo the Bank 319 00:16:47,800 --> 00:16:50,400 Speaker 6: of Doing. Your Donasasm has been a doer his whole life, 320 00:16:50,400 --> 00:16:52,320 Speaker 6: his whole career. Has never been scared to get his 321 00:16:52,360 --> 00:16:54,480 Speaker 6: hands dirty. They've never been scared to get out there 322 00:16:54,480 --> 00:16:56,240 Speaker 6: and get in the mud. And when I wake up 323 00:16:56,280 --> 00:16:58,320 Speaker 6: this morning and when I put up Toms Mabelhouse, I 324 00:16:58,320 --> 00:17:01,440 Speaker 6: see people who are usually sitting in the office behind 325 00:17:01,440 --> 00:17:04,119 Speaker 6: the air conditioned working at tailors, and now they're there. 326 00:17:04,119 --> 00:17:08,480 Speaker 6: They're they're they're playing crop, they're lifting you know, microwaves, 327 00:17:08,520 --> 00:17:12,800 Speaker 6: they're lifting ovens, they're lifting stoves, they're putting grills outside, 328 00:17:12,840 --> 00:17:14,800 Speaker 6: and I know everybody's saying, okay, it's about one of 329 00:17:14,880 --> 00:17:17,000 Speaker 6: time we barbecue on Christmas down here in Miami. We 330 00:17:17,000 --> 00:17:18,960 Speaker 6: could put a grill out anytime. That's one of the 331 00:17:18,960 --> 00:17:22,200 Speaker 6: places we can do this anywhere. So we talk about that. Man, 332 00:17:22,960 --> 00:17:25,680 Speaker 6: it was just you know, it was just a matchmate 333 00:17:25,760 --> 00:17:28,239 Speaker 6: in heaven. I was thankful to be the person that 334 00:17:28,440 --> 00:17:30,720 Speaker 6: you know wells Fargo reached out to and chose to 335 00:17:30,720 --> 00:17:33,600 Speaker 6: be a part of this because you know, it's everything 336 00:17:33,640 --> 00:17:36,040 Speaker 6: I represent. You know, I've made sure that throughout my 337 00:17:36,119 --> 00:17:39,320 Speaker 6: twenty year career. Although I've represented the Miami I've also 338 00:17:39,359 --> 00:17:42,000 Speaker 6: represented the commut the community, and the people of Miami. 339 00:17:42,640 --> 00:17:45,760 Speaker 2: So when you think about the myriad of opportunities you 340 00:17:45,800 --> 00:17:47,520 Speaker 2: could have done, like you could you could put your 341 00:17:47,600 --> 00:17:50,760 Speaker 2: name on a lot of you know, social issues, social 342 00:17:50,920 --> 00:17:54,600 Speaker 2: you know efforts. Why was housing so important to you? Why? 343 00:17:54,680 --> 00:17:57,119 Speaker 2: What's what spoke to you about the housing initiative? 344 00:17:57,920 --> 00:17:59,879 Speaker 6: Because it's not what I need, it's what the people need, 345 00:18:00,200 --> 00:18:02,160 Speaker 6: you know, And I think that's what people need. I think, 346 00:18:02,240 --> 00:18:05,399 Speaker 6: you know, there's so many different situations that people are 347 00:18:05,400 --> 00:18:07,120 Speaker 6: being challenged with the underserved communities. 348 00:18:07,119 --> 00:18:08,760 Speaker 4: But when you go in your. 349 00:18:08,680 --> 00:18:11,320 Speaker 6: House, we understand what's going on outside your house. But 350 00:18:11,359 --> 00:18:13,639 Speaker 6: when you go in your house, you should feel safe, 351 00:18:14,280 --> 00:18:17,840 Speaker 6: you should feel comfortable, you should be happy, you should 352 00:18:17,880 --> 00:18:21,600 Speaker 6: be confident in that space, you should be fulfilled. That 353 00:18:21,600 --> 00:18:24,600 Speaker 6: should be a mental recharge place, and that's where you 354 00:18:24,680 --> 00:18:27,119 Speaker 6: can go and just be proud of everything and all 355 00:18:27,160 --> 00:18:30,199 Speaker 6: the work that you put into every single day. And 356 00:18:30,240 --> 00:18:31,720 Speaker 6: a lot of times it's hard to feel like that 357 00:18:31,760 --> 00:18:33,840 Speaker 6: when you don't see those results. It's hard to feel 358 00:18:33,840 --> 00:18:35,320 Speaker 6: like that when you walk into your home and you 359 00:18:35,320 --> 00:18:37,239 Speaker 6: don't feel safe. It's hard to feel like that when 360 00:18:37,280 --> 00:18:39,440 Speaker 6: you walk into you know, your yard and your gates 361 00:18:39,440 --> 00:18:41,359 Speaker 6: torn down. It's hard to feel like that when you 362 00:18:41,400 --> 00:18:43,720 Speaker 6: walk in your backyard and you know it's grass and 363 00:18:43,760 --> 00:18:45,959 Speaker 6: stuff everywhere, and you don't have a grid of barbecue, 364 00:18:46,160 --> 00:18:47,720 Speaker 6: or you don't have a garden where you can just 365 00:18:47,760 --> 00:18:49,280 Speaker 6: walk out there and on a sunny day and just 366 00:18:49,280 --> 00:18:50,919 Speaker 6: sit out by your guard and read the paper. 367 00:18:51,119 --> 00:18:52,320 Speaker 4: You don't have those things. 368 00:18:52,520 --> 00:18:54,080 Speaker 6: I think if you can have those things and you 369 00:18:54,119 --> 00:18:56,760 Speaker 6: can implement those things and every day life, every day 370 00:18:56,840 --> 00:18:58,359 Speaker 6: life gets a little better for you. 371 00:18:58,400 --> 00:19:00,560 Speaker 4: Every day, things get a little easier for you. 372 00:19:00,600 --> 00:19:02,200 Speaker 6: And now you're talking about having a little bit of 373 00:19:02,240 --> 00:19:04,600 Speaker 6: situation where you can be comfortable and you can be 374 00:19:04,640 --> 00:19:06,640 Speaker 6: proud of the place you call home. We just want 375 00:19:06,640 --> 00:19:08,440 Speaker 6: these people to be proud of the place they call home. 376 00:19:08,480 --> 00:19:10,840 Speaker 6: You want these people safe in the place they call home. 377 00:19:10,880 --> 00:19:13,639 Speaker 6: You want these people to be comfortable in these places 378 00:19:13,640 --> 00:19:17,360 Speaker 6: they call home. And I think everybody deserves that when you. 379 00:19:17,320 --> 00:19:19,600 Speaker 2: Think about I mean so, actually, right now, the top 380 00:19:19,640 --> 00:19:22,720 Speaker 2: story on afrotech dot com is a story about you. 381 00:19:22,880 --> 00:19:26,359 Speaker 2: So it's talking about how you stayed on the Miami Heat, 382 00:19:26,880 --> 00:19:30,520 Speaker 2: you know, based on your efforts as a leader and 383 00:19:30,560 --> 00:19:34,240 Speaker 2: even Lebron and Chris Bosh and Dwayne you know, making 384 00:19:34,280 --> 00:19:36,119 Speaker 2: the room and so making sure that somebody with your 385 00:19:36,200 --> 00:19:39,080 Speaker 2: leadership and experience was still in the locker room. And 386 00:19:39,080 --> 00:19:41,399 Speaker 2: it's a quote I found from you where you said, 387 00:19:41,840 --> 00:19:44,800 Speaker 2: when you look at all these undrafted guys, these guys 388 00:19:44,800 --> 00:19:46,399 Speaker 2: who were on their way out of the league, and 389 00:19:46,440 --> 00:19:49,040 Speaker 2: people didn't believe in them, and people didn't give them 390 00:19:49,040 --> 00:19:52,399 Speaker 2: the opportunity, the Heat culture saved them. That's why I 391 00:19:52,440 --> 00:19:55,520 Speaker 2: came back, because I watched the culture save so many 392 00:19:55,640 --> 00:19:59,040 Speaker 2: like it saved me. When you think about that heat culture, 393 00:20:00,200 --> 00:20:02,879 Speaker 2: you see undrafted players, people who were overlooked as sometimes 394 00:20:02,960 --> 00:20:06,000 Speaker 2: they don't always take these opportunities. Seriously, what is it 395 00:20:06,119 --> 00:20:08,800 Speaker 2: you saw as somebody who was on the tail end 396 00:20:08,800 --> 00:20:13,000 Speaker 2: of his career as your ability to galvanize those folks 397 00:20:13,040 --> 00:20:15,119 Speaker 2: behind a culture and a mission to be able to 398 00:20:15,160 --> 00:20:17,680 Speaker 2: go out there and create championship opportunities. 399 00:20:18,800 --> 00:20:20,480 Speaker 6: I mean, I got to get credit to those guys. 400 00:20:20,560 --> 00:20:22,280 Speaker 6: You know, when those guys walk in that locker room 401 00:20:22,359 --> 00:20:26,040 Speaker 6: and you can see the sense of desperation, I relate. 402 00:20:26,400 --> 00:20:27,800 Speaker 4: I relate to walking in the locker. 403 00:20:27,720 --> 00:20:29,760 Speaker 6: Room of fifty people and they only keeping one guy, 404 00:20:29,760 --> 00:20:31,600 Speaker 6: and you got to be that one guy that they keep. 405 00:20:32,040 --> 00:20:33,879 Speaker 6: I can relate. I can relate to not having a 406 00:20:33,920 --> 00:20:36,679 Speaker 6: backup plan. I can relate to, you know, having your 407 00:20:36,720 --> 00:20:39,440 Speaker 6: back against the wall, you know, and coming in every day, 408 00:20:39,520 --> 00:20:41,400 Speaker 6: you know, feeling like your life is on the line 409 00:20:41,440 --> 00:20:43,800 Speaker 6: and like your career depends on it. So I'm relatable 410 00:20:43,840 --> 00:20:46,320 Speaker 6: to all these guys, just like I'm relatable to Miss Maple. 411 00:20:46,480 --> 00:20:48,879 Speaker 6: You know, Miss Mable was on fifty third and my 412 00:20:48,960 --> 00:20:50,919 Speaker 6: auntie stay on one to eighty third. You know what 413 00:20:50,920 --> 00:20:53,359 Speaker 6: I'm saying, which is thirty streets over, you know what 414 00:20:53,440 --> 00:20:55,520 Speaker 6: I mean. I literally showed up to Miss Mable's house 415 00:20:55,520 --> 00:20:57,800 Speaker 6: about forty minutes early, and I went around the corner 416 00:20:57,800 --> 00:20:59,399 Speaker 6: and stayed at my Auntie's house and came back in 417 00:20:59,440 --> 00:21:02,520 Speaker 6: Miss maplesse So I'm relatable to these people, you. 418 00:21:02,440 --> 00:21:04,120 Speaker 4: Know what I mean. I'm really relatable. 419 00:21:04,119 --> 00:21:06,679 Speaker 6: And I know that I've been blessed to play the 420 00:21:06,680 --> 00:21:09,080 Speaker 6: game of basketball if I had a tremendous amount of success. 421 00:21:09,440 --> 00:21:11,200 Speaker 4: But I'm really relatable to these people. 422 00:21:11,240 --> 00:21:13,919 Speaker 6: And you know when I talk about you know, Lebron 423 00:21:14,040 --> 00:21:16,680 Speaker 6: James and Dwayne Wade, and you know, being a part 424 00:21:16,720 --> 00:21:20,480 Speaker 6: of that process. That's one thing I was able to 425 00:21:20,560 --> 00:21:24,480 Speaker 6: understand is that even though we were friends, you know, 426 00:21:24,720 --> 00:21:27,040 Speaker 6: you respect people for who they are and what they are, 427 00:21:27,320 --> 00:21:29,840 Speaker 6: you know what I mean. And you know, Lebron Dwayne, 428 00:21:29,880 --> 00:21:31,600 Speaker 6: they already respected me for who I was and what 429 00:21:31,640 --> 00:21:33,920 Speaker 6: I was. They were Southeast guys. I was a Miami guy, 430 00:21:34,280 --> 00:21:35,000 Speaker 6: you know what I mean. 431 00:21:35,359 --> 00:21:35,919 Speaker 4: They were on the. 432 00:21:35,920 --> 00:21:37,640 Speaker 6: Other side of the bridge. I was on my side 433 00:21:37,640 --> 00:21:39,800 Speaker 6: of the bridge, you know what I mean. So for me, 434 00:21:39,880 --> 00:21:42,240 Speaker 6: I never tried to be something I wasn't. I always 435 00:21:42,280 --> 00:21:44,320 Speaker 6: stayed in my lane, and my lane always brought me 436 00:21:44,359 --> 00:21:46,119 Speaker 6: back to the people, you know what I mean. And 437 00:21:46,160 --> 00:21:48,480 Speaker 6: when you talk about why you don't leave to go 438 00:21:48,520 --> 00:21:50,480 Speaker 6: for more money, and why you don't even have the 439 00:21:50,520 --> 00:21:52,920 Speaker 6: opportunity to play somewhere else, and when your career was 440 00:21:52,920 --> 00:21:54,920 Speaker 6: getting towards the ending, you weren't getting as much playing 441 00:21:54,960 --> 00:21:56,760 Speaker 6: time as you might have wanted, it's because of the 442 00:21:56,760 --> 00:21:59,200 Speaker 6: people of Miami. Man, I've never got in love. I've 443 00:21:59,200 --> 00:22:02,320 Speaker 6: never been more protected. I've never been more accepted than 444 00:22:02,359 --> 00:22:04,240 Speaker 6: I am in this city of Miami by these people. 445 00:22:04,400 --> 00:22:06,159 Speaker 6: When you talk about twenty years in the NBA and 446 00:22:06,200 --> 00:22:08,840 Speaker 6: so much sustens I ain't never have no security. You 447 00:22:08,840 --> 00:22:10,840 Speaker 6: ain't never seen me get robbed nowhere. You never see 448 00:22:10,880 --> 00:22:12,679 Speaker 6: me get in no trouble nowhere out here. You know, 449 00:22:12,760 --> 00:22:13,720 Speaker 6: these people take care of me. 450 00:22:13,760 --> 00:22:13,920 Speaker 4: Man. 451 00:22:13,960 --> 00:22:16,960 Speaker 6: So it's my job, it's my duty with my free time, 452 00:22:17,200 --> 00:22:19,000 Speaker 6: to commit to taking care of these people and giving 453 00:22:19,040 --> 00:22:21,000 Speaker 6: back to them that so much that they've given to me. 454 00:22:21,480 --> 00:22:23,280 Speaker 2: Yeah, I want to talk more about that. You know, 455 00:22:23,320 --> 00:22:27,520 Speaker 2: you are today vice president of basketball Development at Miami 456 00:22:27,640 --> 00:22:30,080 Speaker 2: and so you got a lot of leadership in your 457 00:22:30,160 --> 00:22:32,360 Speaker 2: background on court and off the court, and I want 458 00:22:32,400 --> 00:22:34,439 Speaker 2: to talk about the off the court leadership. How do 459 00:22:34,520 --> 00:22:37,480 Speaker 2: you transfer the things that you've learned on the court 460 00:22:37,720 --> 00:22:39,520 Speaker 2: to be able to be effective off the court. 461 00:22:40,359 --> 00:22:42,440 Speaker 4: Man, I'll tell you one thing about heat culture. 462 00:22:42,680 --> 00:22:46,040 Speaker 6: And it's real because it can apply in all expects 463 00:22:46,080 --> 00:22:48,840 Speaker 6: of life. The discipline that it takes to be a 464 00:22:48,840 --> 00:22:50,840 Speaker 6: part of heat culture to come in and have your 465 00:22:50,840 --> 00:22:54,040 Speaker 6: body for under ten percent every year, discipline that it 466 00:22:54,080 --> 00:22:57,159 Speaker 6: takes to push yourself to get that extra one percent 467 00:22:57,200 --> 00:22:58,400 Speaker 6: out of yourself every day. 468 00:22:59,119 --> 00:23:00,800 Speaker 4: You know, the way we are proach the game. You know, 469 00:23:00,840 --> 00:23:01,320 Speaker 4: I think. 470 00:23:01,160 --> 00:23:03,440 Speaker 6: Everything that I've learned and he coachedes been what I've 471 00:23:03,480 --> 00:23:05,480 Speaker 6: applied in the business. 472 00:23:05,520 --> 00:23:06,359 Speaker 4: In the business space. 473 00:23:06,480 --> 00:23:08,360 Speaker 6: I think when you retire from basketball, you don't lose 474 00:23:08,359 --> 00:23:09,960 Speaker 6: your ambition, you don't lose your drive. 475 00:23:10,280 --> 00:23:12,000 Speaker 4: You just got to find somewhere else to apply it. 476 00:23:12,119 --> 00:23:13,600 Speaker 4: You just got to find somewhere else to put it. 477 00:23:13,720 --> 00:23:15,399 Speaker 6: So being in that one percent of people that are 478 00:23:15,440 --> 00:23:18,160 Speaker 6: obsessed with winning, being in that one percent of people 479 00:23:18,160 --> 00:23:20,400 Speaker 6: that will do whatever it takes to get the job done, 480 00:23:20,440 --> 00:23:22,600 Speaker 6: Being in that one percent of people that willing to 481 00:23:22,720 --> 00:23:25,000 Speaker 6: sacrifice the things that they need to sacrifice for the 482 00:23:25,040 --> 00:23:26,919 Speaker 6: betterment of the team. You know, we talk about enjoying 483 00:23:27,000 --> 00:23:29,320 Speaker 6: other people's success with the might need. That's one thing 484 00:23:29,320 --> 00:23:31,840 Speaker 6: that's non negotiable. You have to be able to enjoy 485 00:23:31,920 --> 00:23:33,800 Speaker 6: other people's success. But how many times do you see 486 00:23:33,840 --> 00:23:36,160 Speaker 6: people sit at home and they watch somebody achieve something. 487 00:23:36,200 --> 00:23:37,800 Speaker 6: They said that should have been me. Why didn't that 488 00:23:37,800 --> 00:23:39,880 Speaker 6: happen for me? That's never been a part of who 489 00:23:39,880 --> 00:23:41,880 Speaker 6: I am. That's never been a part of my DNA. Man, 490 00:23:42,080 --> 00:23:44,000 Speaker 6: My thing is, if he did that, how can I 491 00:23:44,040 --> 00:23:45,760 Speaker 6: figure out how to apply that in my lifestyle? 492 00:23:45,960 --> 00:23:47,880 Speaker 4: How can I figure out how to achieve that here 493 00:23:47,920 --> 00:23:48,440 Speaker 4: in Miami? 494 00:23:48,480 --> 00:23:51,040 Speaker 6: For my people, that's been always to go to learn 495 00:23:51,080 --> 00:23:52,760 Speaker 6: from the people that are doing it before you, to 496 00:23:52,840 --> 00:23:55,280 Speaker 6: learn from the Magic, to learn from the Wayne, to 497 00:23:55,400 --> 00:23:56,080 Speaker 6: learn from Shack. 498 00:23:56,240 --> 00:23:57,520 Speaker 4: You know, having these relationship with. 499 00:23:57,520 --> 00:23:59,480 Speaker 6: These guys, I'd be a fool just to take basketball 500 00:23:59,480 --> 00:24:01,600 Speaker 6: stuff from you guys. I have to take life lessons 501 00:24:01,640 --> 00:24:03,920 Speaker 6: from these guys. I have to take business lessons from 502 00:24:03,960 --> 00:24:06,399 Speaker 6: these guys. The conversations that I have now with Shaquille 503 00:24:06,440 --> 00:24:09,920 Speaker 6: O'Neil Dwayne Wade were far different than the conversations we 504 00:24:10,000 --> 00:24:11,160 Speaker 6: had fifteen years ago. 505 00:24:12,359 --> 00:24:16,520 Speaker 2: You know, too many people in our communities lean on 506 00:24:16,640 --> 00:24:22,840 Speaker 2: rely on predatory services, check cashing places, payday loans, you know, 507 00:24:22,920 --> 00:24:26,359 Speaker 2: places like that, and so, you know, which is super problematic. 508 00:24:26,560 --> 00:24:30,920 Speaker 2: So how important is it for bangs like Wells Fargo, 509 00:24:31,119 --> 00:24:34,720 Speaker 2: lenders like Wells Fargo to be involved in these neighborhoods 510 00:24:34,720 --> 00:24:35,520 Speaker 2: and in these communities. 511 00:24:35,880 --> 00:24:39,120 Speaker 4: I mean, it's so important because. 512 00:24:38,920 --> 00:24:43,600 Speaker 6: We understand that financial literacy kind of skipped over people sometimes. 513 00:24:43,800 --> 00:24:46,520 Speaker 6: You know, for the most part, you know, financial literacy 514 00:24:46,520 --> 00:24:48,720 Speaker 6: has not been taught. And then you talk about teaching 515 00:24:48,720 --> 00:24:50,920 Speaker 6: people financial literacy, but people that don't have money or 516 00:24:50,960 --> 00:24:53,080 Speaker 6: didn't comfort money, you know what I'm saying. So I 517 00:24:53,119 --> 00:24:55,800 Speaker 6: think for Wells Fargo being you know, not only you know, 518 00:24:56,359 --> 00:24:58,520 Speaker 6: hands on with this and you know, putting their money 519 00:24:58,520 --> 00:25:00,760 Speaker 6: where their mouths is and committing one point too, you know, 520 00:25:00,840 --> 00:25:03,840 Speaker 6: seventy five different homes, you know, forty six communities, but 521 00:25:04,000 --> 00:25:07,040 Speaker 6: not also you're building a relationship. And I think what 522 00:25:07,200 --> 00:25:09,119 Speaker 6: for us in our community, It's always been hard for 523 00:25:09,200 --> 00:25:10,840 Speaker 6: us to trust people, you know what I'm saying. So 524 00:25:10,880 --> 00:25:12,480 Speaker 6: when you come in and you make an impact in 525 00:25:12,480 --> 00:25:14,960 Speaker 6: the community, immediately the people of the community started to 526 00:25:14,960 --> 00:25:16,919 Speaker 6: trust you. And now they started to listen to you, 527 00:25:17,119 --> 00:25:18,879 Speaker 6: and now you start to build that relationship so on 528 00:25:18,960 --> 00:25:21,280 Speaker 6: and so forth. So I think it was Fargo coming 529 00:25:21,320 --> 00:25:23,359 Speaker 6: in and being a part of this process and taking 530 00:25:23,359 --> 00:25:25,200 Speaker 6: the lead on this initiative. I think they started to 531 00:25:25,240 --> 00:25:27,240 Speaker 6: build a relationship with the people now. I think that 532 00:25:27,280 --> 00:25:29,960 Speaker 6: people started to trust well, was Fargo. So the messages 533 00:25:30,000 --> 00:25:32,080 Speaker 6: that was farg preaching the people are going to listen 534 00:25:32,080 --> 00:25:34,280 Speaker 6: now because of the trust and the relationship that they 535 00:25:34,280 --> 00:25:36,720 Speaker 6: built with these people, because they're actually doing things in 536 00:25:36,720 --> 00:25:37,480 Speaker 6: the community and not. 537 00:25:37,440 --> 00:25:38,000 Speaker 4: Talking about it. 538 00:25:38,720 --> 00:25:41,399 Speaker 1: Once again, thank you for tuning into the Black Podcast Network. 539 00:25:41,440 --> 00:25:43,440 Speaker 1: Seeing you in twenty twenty five for more great moments 540 00:25:43,480 --> 00:25:44,520 Speaker 1: from your favorite podcast.