1 00:00:02,440 --> 00:00:05,200 Speaker 1: Hmm, I'm excited. 2 00:00:05,360 --> 00:00:06,360 Speaker 2: Thankwenty nineteen. 3 00:00:06,760 --> 00:00:08,840 Speaker 1: Yeah, that's ours. 4 00:00:10,480 --> 00:00:12,440 Speaker 3: Yeah, I saw what I did on the Flex Show 5 00:00:13,000 --> 00:00:15,280 Speaker 3: helping the people get out of debt. Bro with Sean 6 00:00:15,400 --> 00:00:17,480 Speaker 3: gave me a call and told me the Flex mode 7 00:00:17,560 --> 00:00:20,000 Speaker 3: teach them how to work for themselves to get dope. 8 00:00:20,280 --> 00:00:22,840 Speaker 3: I said, Joe, you think they ready for that? He said, Mick, 9 00:00:22,880 --> 00:00:25,479 Speaker 3: give yourself more credit than that. Just tell them the facts. 10 00:00:25,520 --> 00:00:26,440 Speaker 3: That's when I start. 11 00:00:26,280 --> 00:00:28,360 Speaker 1: Remembering back working at a law. 12 00:00:28,160 --> 00:00:30,960 Speaker 3: Firm, sort and mailing the back, going to work very poor. 13 00:00:31,160 --> 00:00:33,800 Speaker 3: I'm making twenty k a twenty four and I can't 14 00:00:33,840 --> 00:00:36,240 Speaker 3: take it anymore. So I made it my business to 15 00:00:36,320 --> 00:00:38,480 Speaker 3: make my own business, create my own lane. 16 00:00:38,520 --> 00:00:41,280 Speaker 1: That the game hasn't witnessed before I start. Is a 17 00:00:41,320 --> 00:00:43,400 Speaker 1: good and a bad size, But I'm gonna give you both. 18 00:00:43,520 --> 00:00:44,720 Speaker 1: Be a good and a bad guy. 19 00:00:44,800 --> 00:00:46,839 Speaker 3: Let's start with the good because you gotta find a 20 00:00:46,920 --> 00:00:50,280 Speaker 3: niche example, considering when mars a Quiet twixtman, it was 21 00:00:50,360 --> 00:00:53,240 Speaker 3: other chocolate bars right in the mix. The company made 22 00:00:53,240 --> 00:00:55,440 Speaker 3: two of them and got rich. They saw it was 23 00:00:55,480 --> 00:00:57,840 Speaker 3: a need for something, so they created a product to 24 00:00:57,960 --> 00:01:01,240 Speaker 3: appease the public. So you gotta do this, invent something 25 00:01:01,280 --> 00:01:04,000 Speaker 3: in your own lane. Create the value for the customer 26 00:01:04,040 --> 00:01:06,559 Speaker 3: you can gain. You could put a barber shop next 27 00:01:06,560 --> 00:01:09,679 Speaker 3: to a lounge, or start a laundromat in the college town. 28 00:01:09,920 --> 00:01:12,959 Speaker 3: Got to know what you're getting into with imperative research. 29 00:01:13,080 --> 00:01:15,160 Speaker 3: Don't go and blind due to your arrogance. A doctor 30 00:01:15,200 --> 00:01:17,600 Speaker 3: can't start a business without knowing this medicine and north 31 00:01:17,600 --> 00:01:20,680 Speaker 3: It can't start a series without knowing the narrative. Experiment 32 00:01:20,720 --> 00:01:23,560 Speaker 3: with the benefits of your market. Know your demographic. Who 33 00:01:23,640 --> 00:01:26,199 Speaker 3: you trying to start with. What is your business plan? 34 00:01:26,280 --> 00:01:28,679 Speaker 3: Here's how you started. What is your company about? 35 00:01:28,760 --> 00:01:29,759 Speaker 1: What do you call it? 36 00:01:29,920 --> 00:01:32,280 Speaker 3: Lay out the services, tell us about the product. 37 00:01:32,440 --> 00:01:35,240 Speaker 1: Flush out the numbers. What's your revenue target? That's what 38 00:01:35,360 --> 00:01:37,959 Speaker 1: you make here. Now subtract what you spent just to 39 00:01:38,040 --> 00:01:41,360 Speaker 1: make it. That's your profits and losses. Hell Detroit, hold love, I. 40 00:01:41,360 --> 00:01:44,080 Speaker 3: Might be steeding, might give me your ticket from all 41 00:01:44,080 --> 00:01:47,080 Speaker 3: to speaking. I might get banned from TV with this Preacher, 42 00:01:47,160 --> 00:01:49,080 Speaker 3: but nor we're gonna have to re release it as 43 00:01:49,120 --> 00:01:52,200 Speaker 3: a remix and O six eyes and mixtapes with DJ's 44 00:01:52,480 --> 00:01:55,760 Speaker 3: or Baggy closing posed with a mean face. I had glass, 45 00:01:55,800 --> 00:01:58,840 Speaker 3: skinny jeans, gold supers, cats saw that and said he 46 00:01:58,920 --> 00:01:59,800 Speaker 3: had no future. 47 00:02:00,080 --> 00:02:02,000 Speaker 1: They were wrong because people were connected. 48 00:02:02,120 --> 00:02:04,640 Speaker 3: They bought into the brand and it was respected the 49 00:02:04,760 --> 00:02:07,720 Speaker 3: checking I don't want DVA from the message. Let's get 50 00:02:07,840 --> 00:02:11,079 Speaker 3: back to this entrepreneur lessons. Sometimes people do it to 51 00:02:11,120 --> 00:02:13,480 Speaker 3: get out of stressing. Working for the man to them 52 00:02:13,639 --> 00:02:16,680 Speaker 3: become suppressing. So they start a business for income play. 53 00:02:16,800 --> 00:02:19,280 Speaker 3: But they ain't worried about growth, so the income stays. 54 00:02:19,280 --> 00:02:21,720 Speaker 3: The problem is if they ever see an income raise, 55 00:02:21,800 --> 00:02:24,400 Speaker 3: the iron rests on their back. Now incomes raised, you 56 00:02:24,440 --> 00:02:25,760 Speaker 3: gotta have a good accountant. 57 00:02:25,919 --> 00:02:28,600 Speaker 1: What to the dust? Pay yourself your own salary. What 58 00:02:28,720 --> 00:02:29,160 Speaker 1: is enough? 59 00:02:29,440 --> 00:02:31,919 Speaker 3: Don't get too passive with the money you clutch, or 60 00:02:31,960 --> 00:02:34,120 Speaker 3: you gonna be a mechanic throwing under the bus. 61 00:02:34,160 --> 00:02:35,640 Speaker 1: Now let's talk about the bad. 62 00:02:35,480 --> 00:02:37,320 Speaker 2: And what earners. 63 00:02:37,320 --> 00:02:37,720 Speaker 1: What's up? 64 00:02:37,800 --> 00:02:40,280 Speaker 2: You ever walk into a small business and everything just 65 00:02:40,440 --> 00:02:43,600 Speaker 2: works like the checkout as fast or seats of digital 66 00:02:44,120 --> 00:02:47,120 Speaker 2: tipping is a breeze and you're out the door before 67 00:02:47,120 --> 00:02:51,280 Speaker 2: the line even builds. Odds are they're using Square? We 68 00:02:51,440 --> 00:02:53,960 Speaker 2: love supporting businesses that run on Square because it just 69 00:02:54,000 --> 00:02:57,240 Speaker 2: feels seamless, whether it's a local coffee shop, a vendor 70 00:02:57,280 --> 00:02:59,520 Speaker 2: at a pop up market, or even one of our 71 00:02:59,560 --> 00:03:03,280 Speaker 2: merch partners. Square makes it easy for them to take payments, 72 00:03:03,480 --> 00:03:07,160 Speaker 2: manage inventory, and run their business with confidence, all from 73 00:03:07,320 --> 00:03:10,720 Speaker 2: one simple system. If you're a business owner or even 74 00:03:10,800 --> 00:03:14,320 Speaker 2: just thinking about launching something soon, Square is hands down 75 00:03:14,360 --> 00:03:17,400 Speaker 2: one of the best tools out there to help you start, run, 76 00:03:17,600 --> 00:03:20,960 Speaker 2: and grow. It's not just about payments, it's about giving 77 00:03:20,960 --> 00:03:23,640 Speaker 2: you time back so you can focus on what matters 78 00:03:23,680 --> 00:03:26,920 Speaker 2: most Ready. To see how Square can transform your business, 79 00:03:27,200 --> 00:03:31,840 Speaker 2: visit Square dot com backslash, go backslash eyl to learn 80 00:03:31,880 --> 00:03:37,080 Speaker 2: more that Square dot com backslash, go backslash eyl. Don't wait, 81 00:03:37,360 --> 00:03:40,200 Speaker 2: don't hesitate. Let's Square handle the back end so you 82 00:03:40,200 --> 00:03:46,560 Speaker 2: can keep pushing your vision forward. This episode is brought 83 00:03:46,560 --> 00:03:48,480 Speaker 2: to you by P and C Bank. A lot of 84 00:03:48,480 --> 00:03:52,080 Speaker 2: people think podcasts about work are boring, and sure, they 85 00:03:52,160 --> 00:03:56,000 Speaker 2: definitely can be, but understanding a professionals routine shows us 86 00:03:56,040 --> 00:03:59,680 Speaker 2: how they achieve their success little by little, day after day. 87 00:04:00,640 --> 00:04:03,160 Speaker 2: It's like banking with P and C Bank. It might 88 00:04:03,280 --> 00:04:06,160 Speaker 2: seem boring to save, plan and make calculated decisions with 89 00:04:06,200 --> 00:04:09,240 Speaker 2: your bank, but keeping your money boring is what helps 90 00:04:09,240 --> 00:04:12,320 Speaker 2: you live or more happily fulfilled life. P and C 91 00:04:12,480 --> 00:04:17,640 Speaker 2: Bank Brilliantly Boring since eighteen sixty five. Brilliantly Boring since 92 00:04:17,680 --> 00:04:20,239 Speaker 2: eighteen sixty five is a service mark of the PNC 93 00:04:20,440 --> 00:04:24,400 Speaker 2: Financial Service Group, Inc. P and C Bank National Association 94 00:04:24,600 --> 00:04:25,599 Speaker 2: Member FDIC. 95 00:04:27,360 --> 00:04:31,040 Speaker 4: An illegal alien from Guatemala charged with raping a child 96 00:04:31,040 --> 00:04:34,839 Speaker 4: in Massachusetts. An MS thirteen gang member from Al Salvador 97 00:04:35,080 --> 00:04:39,240 Speaker 4: accused of murdering a Texas man of Venezuelan charged with 98 00:04:39,279 --> 00:04:43,200 Speaker 4: filming and selling child pornography in Michigan. These are just 99 00:04:43,279 --> 00:04:47,039 Speaker 4: some of the heinous migrant criminals caught because of President 100 00:04:47,080 --> 00:04:48,560 Speaker 4: Donald J. Trump's leadership. 101 00:04:48,839 --> 00:04:52,440 Speaker 5: I'm Christy nom the United States Secretary of Homeland Security. 102 00:04:52,800 --> 00:04:56,560 Speaker 5: Under President Trump, attempted illegal border crossings are at the 103 00:04:56,600 --> 00:05:00,080 Speaker 5: lowest levels ever recorded. In over one hundred thousand the 104 00:05:00,120 --> 00:05:01,360 Speaker 5: illegal aliens. 105 00:05:00,920 --> 00:05:04,719 Speaker 4: Have been arrested. If you were here illegally, you're next. 106 00:05:05,160 --> 00:05:07,760 Speaker 5: You will be fine nearly one thousand dollars a day, 107 00:05:07,880 --> 00:05:09,480 Speaker 5: imprisoned and deported. 108 00:05:09,960 --> 00:05:11,160 Speaker 4: You will never return. 109 00:05:11,480 --> 00:05:14,479 Speaker 5: But if you register using our CBP home app and 110 00:05:14,600 --> 00:05:17,440 Speaker 5: leave now, you could be allowed to return legally. 111 00:05:17,839 --> 00:05:20,000 Speaker 4: Do what's right. Leave now. 112 00:05:20,400 --> 00:05:25,200 Speaker 5: Under President Trump, America's laws, order and families will be protected. 113 00:05:25,279 --> 00:05:27,440 Speaker 2: Sponsored by the United States Department of Homeland Security. 114 00:05:27,640 --> 00:05:30,600 Speaker 3: People don't tell your ninety seven percent of businesses and 115 00:05:30,640 --> 00:05:33,880 Speaker 3: in failure not because what they did wrong of the reasons. 116 00:05:34,279 --> 00:05:36,120 Speaker 3: Let me break it down pieces. You go to a 117 00:05:36,160 --> 00:05:39,680 Speaker 3: neighborhood restaurant every other weekend and going sis a kid 118 00:05:39,720 --> 00:05:41,960 Speaker 3: because the owner was the beacon, but he wants to 119 00:05:42,000 --> 00:05:43,679 Speaker 3: sell it, so the food is in season. 120 00:05:43,880 --> 00:05:46,160 Speaker 1: Of the customers see that and start leaving. 121 00:05:46,360 --> 00:05:48,160 Speaker 3: Now they got to shut the business down where you 122 00:05:48,279 --> 00:05:50,520 Speaker 3: eat in because the founder they want to keep it. 123 00:05:50,600 --> 00:05:52,360 Speaker 1: Another example to believe in. 124 00:05:52,480 --> 00:05:55,120 Speaker 3: Is how valuable is the product of those who need it? 125 00:05:55,160 --> 00:05:56,080 Speaker 1: Is it like breathing? 126 00:05:56,400 --> 00:05:58,560 Speaker 3: Is it worth pulling my wallet out with the visus? 127 00:05:58,600 --> 00:06:01,160 Speaker 3: Or should I pass because I ain't got financial freedom? 128 00:06:01,600 --> 00:06:03,760 Speaker 3: These are things you gotta take in account. A real 129 00:06:04,040 --> 00:06:07,040 Speaker 3: entrepreneur is never weigh in it out. They start one company, 130 00:06:07,200 --> 00:06:09,480 Speaker 3: let it making them out, and then sell it before 131 00:06:09,520 --> 00:06:12,040 Speaker 3: it gets placed in the trout to start another company 132 00:06:12,200 --> 00:06:14,800 Speaker 3: every couple of years after and then repeat those steps 133 00:06:14,880 --> 00:06:16,320 Speaker 3: kind of like stair masters. 134 00:06:16,880 --> 00:06:19,640 Speaker 1: This is not actually taught. These are gems that I'm dropping. 135 00:06:19,680 --> 00:06:22,440 Speaker 3: Hope they actually get caught. Another thing, stop trying to 136 00:06:22,480 --> 00:06:25,760 Speaker 3: actual support. If your product is good, then it's practically bought. 137 00:06:25,800 --> 00:06:27,200 Speaker 1: So if demand thinks. 138 00:06:26,920 --> 00:06:28,880 Speaker 3: It in and you feel that it's basic and you 139 00:06:28,920 --> 00:06:29,680 Speaker 3: don't support it. 140 00:06:29,640 --> 00:06:31,000 Speaker 1: Reinforce it with a statement. 141 00:06:31,160 --> 00:06:33,600 Speaker 3: Invest in their dreams and say this the best way 142 00:06:33,680 --> 00:06:35,960 Speaker 3: to predict the future is for you to create it. 143 00:06:36,040 --> 00:06:38,240 Speaker 3: And this is for the work of bees. Don't get cocky. 144 00:06:38,480 --> 00:06:41,480 Speaker 3: You get paid for your work. Don't be snoppies. Don't 145 00:06:41,480 --> 00:06:43,680 Speaker 3: actually be the boss yr hoh shit sloppy because a 146 00:06:43,680 --> 00:06:45,760 Speaker 3: brand new fighter just won't hit rocky. 147 00:06:45,880 --> 00:06:48,480 Speaker 1: Ownership's not a reward for work. That's a tay check. 148 00:06:48,680 --> 00:06:51,680 Speaker 3: Ownership's a reward for risk. That's the apex. Instead of 149 00:06:51,720 --> 00:06:55,120 Speaker 3: double tapping asses and muscles, google and research the path 150 00:06:55,279 --> 00:06:57,839 Speaker 3: to the hustle. Get you a mentor and asks about 151 00:06:57,839 --> 00:07:00,800 Speaker 3: the struggle. Learn from mistakes, don't brand, keep a subtle. 152 00:07:01,000 --> 00:07:03,640 Speaker 3: The last freestyle had the last nigga puzzle. I ain't 153 00:07:03,680 --> 00:07:05,520 Speaker 3: rap about a ring and I would flash. 154 00:07:05,240 --> 00:07:07,320 Speaker 1: On my knuckle. A couple of people said they. 155 00:07:07,279 --> 00:07:09,480 Speaker 3: Was trapped in the bubble to they heard my freestyle 156 00:07:09,520 --> 00:07:12,320 Speaker 3: and they asset to double some education that. 157 00:07:12,360 --> 00:07:15,080 Speaker 1: Gets you a portion for self, education that gets you 158 00:07:15,120 --> 00:07:18,320 Speaker 1: a fortune. Want to get rich. It's a passion. 159 00:07:18,400 --> 00:07:21,040 Speaker 3: Trust me and some people so poor. All they really 160 00:07:21,120 --> 00:07:24,480 Speaker 3: have is money. This verse ain't facetious. Take that lyric 161 00:07:24,520 --> 00:07:28,440 Speaker 3: down and break the words and pieces get you a 162 00:07:28,560 --> 00:07:31,760 Speaker 3: nice life. Work cohesion get you one step closer to 163 00:07:31,800 --> 00:07:35,960 Speaker 3: earn your leashon you heard it. 164 00:07:36,800 --> 00:07:44,800 Speaker 2: Listen, listen, listen, don't play yourself. Listen one take only. 165 00:07:46,240 --> 00:07:49,240 Speaker 2: Nikki Fast is burned down my house man. I'm glad 166 00:07:49,240 --> 00:07:53,720 Speaker 2: I got insurance. Lisia has been earned, y'all