WEBVTT - Advance Placement: A Business Class Rapped in a 100 Bar Lesson, Taught by Mickey Factz

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<v Speaker 1>Hmm, I'm excited.

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<v Speaker 2>Thankwenty nineteen.

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<v Speaker 1>Yeah, that's ours.

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<v Speaker 3>Yeah, I saw what I did on the Flex Show

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<v Speaker 3>helping the people get out of debt. Bro with Sean

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<v Speaker 3>gave me a call and told me the Flex mode

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<v Speaker 3>teach them how to work for themselves to get dope.

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<v Speaker 3>I said, Joe, you think they ready for that? He said, Mick,

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<v Speaker 3>give yourself more credit than that. Just tell them the facts.

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<v Speaker 3>That's when I start.

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<v Speaker 1>Remembering back working at a law.

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<v Speaker 3>Firm, sort and mailing the back, going to work very poor.

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<v Speaker 3>I'm making twenty k a twenty four and I can't

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<v Speaker 3>take it anymore. So I made it my business to

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<v Speaker 3>make my own business, create my own lane.

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<v Speaker 1>That the game hasn't witnessed before I start. Is a

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<v Speaker 1>good and a bad size, But I'm gonna give you both.

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<v Speaker 1>Be a good and a bad guy.

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<v Speaker 3>Let's start with the good because you gotta find a

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<v Speaker 3>niche example, considering when mars a Quiet twixtman, it was

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<v Speaker 3>other chocolate bars right in the mix. The company made

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<v Speaker 3>two of them and got rich. They saw it was

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<v Speaker 3>a need for something, so they created a product to

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<v Speaker 3>appease the public. So you gotta do this, invent something

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<v Speaker 3>in your own lane. Create the value for the customer

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<v Speaker 3>you can gain. You could put a barber shop next

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<v Speaker 3>to a lounge, or start a laundromat in the college town.

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<v Speaker 3>Got to know what you're getting into with imperative research.

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<v Speaker 3>Don't go and blind due to your arrogance. A doctor

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<v Speaker 3>can't start a business without knowing this medicine and north

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<v Speaker 3>It can't start a series without knowing the narrative. Experiment

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<v Speaker 3>with the benefits of your market. Know your demographic. Who

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<v Speaker 3>you trying to start with. What is your business plan?

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<v Speaker 3>Here's how you started. What is your company about?

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<v Speaker 1>What do you call it?

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<v Speaker 3>Lay out the services, tell us about the product.

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<v Speaker 1>Flush out the numbers. What's your revenue target? That's what

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<v Speaker 1>you make here. Now subtract what you spent just to

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<v Speaker 1>make it. That's your profits and losses. Hell Detroit, hold love, I.

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<v Speaker 3>Might be steeding, might give me your ticket from all

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<v Speaker 3>to speaking. I might get banned from TV with this Preacher,

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<v Speaker 3>but nor we're gonna have to re release it as

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<v Speaker 3>a remix and O six eyes and mixtapes with DJ's

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<v Speaker 3>or Baggy closing posed with a mean face. I had glass,

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<v Speaker 3>skinny jeans, gold supers, cats saw that and said he

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<v Speaker 3>had no future.

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<v Speaker 1>They were wrong because people were connected.

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<v Speaker 3>They bought into the brand and it was respected the

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<v Speaker 3>checking I don't want DVA from the message. Let's get

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<v Speaker 3>back to this entrepreneur lessons. Sometimes people do it to

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<v Speaker 3>get out of stressing. Working for the man to them

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<v Speaker 3>become suppressing. So they start a business for income play.

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<v Speaker 3>But they ain't worried about growth, so the income stays.

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<v Speaker 3>The problem is if they ever see an income raise,

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<v Speaker 3>the iron rests on their back. Now incomes raised, you

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<v Speaker 3>gotta have a good accountant.

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<v Speaker 1>What to the dust? Pay yourself your own salary. What

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<v Speaker 1>is enough?

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<v Speaker 3>Don't get too passive with the money you clutch, or

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<v Speaker 3>you gonna be a mechanic throwing under the bus.

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<v Speaker 1>Now let's talk about the bad.

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<v Speaker 2>And what earners.

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<v Speaker 1>What's up?

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<v Speaker 2>You ever walk into a small business and everything just

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<v Speaker 2>works like the checkout as fast or seats of digital

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<v Speaker 2>tipping is a breeze and you're out the door before

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<v Speaker 2>the line even builds. Odds are they're using Square? We

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<v Speaker 2>love supporting businesses that run on Square because it just

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<v Speaker 2>feels seamless, whether it's a local coffee shop, a vendor

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<v Speaker 2>at a pop up market, or even one of our

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<v Speaker 2>merch partners. Square makes it easy for them to take payments,

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<v Speaker 2>manage inventory, and run their business with confidence, all from

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<v Speaker 2>one simple system. If you're a business owner or even

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<v Speaker 2>just thinking about launching something soon, Square is hands down

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<v Speaker 2>one of the best tools out there to help you start, run,

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<v Speaker 2>and grow. It's not just about payments, it's about giving

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<v Speaker 2>you time back so you can focus on what matters

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<v Speaker 2>most Ready. To see how Square can transform your business,

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<v Speaker 2>visit Square dot com backslash, go backslash eyl to learn

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<v Speaker 2>more that Square dot com backslash, go backslash eyl. Don't wait,

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<v Speaker 2>don't hesitate. Let's Square handle the back end so you

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<v Speaker 2>can keep pushing your vision forward. This episode is brought

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<v Speaker 2>to you by P and C Bank. A lot of

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<v Speaker 2>people think podcasts about work are boring, and sure, they

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<v Speaker 2>definitely can be, but understanding a professionals routine shows us

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<v Speaker 2>how they achieve their success little by little, day after day.

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<v Speaker 2>It's like banking with P and C Bank. It might

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<v Speaker 2>seem boring to save, plan and make calculated decisions with

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<v Speaker 2>your bank, but keeping your money boring is what helps

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<v Speaker 2>you live or more happily fulfilled life. P and C

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<v Speaker 2>Bank Brilliantly Boring since eighteen sixty five. Brilliantly Boring since

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<v Speaker 2>eighteen sixty five is a service mark of the PNC

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<v Speaker 2>Financial Service Group, Inc. P and C Bank National Association

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<v Speaker 2>Member FDIC.

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<v Speaker 4>An illegal alien from Guatemala charged with raping a child

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<v Speaker 4>in Massachusetts. An MS thirteen gang member from Al Salvador

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<v Speaker 4>accused of murdering a Texas man of Venezuelan charged with

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<v Speaker 4>filming and selling child pornography in Michigan. These are just

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<v Speaker 4>some of the heinous migrant criminals caught because of President

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<v Speaker 4>Donald J. Trump's leadership.

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<v Speaker 5>I'm Christy nom the United States Secretary of Homeland Security.

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<v Speaker 5>Under President Trump, attempted illegal border crossings are at the

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<v Speaker 5>lowest levels ever recorded. In over one hundred thousand the

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<v Speaker 5>illegal aliens.

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<v Speaker 4>Have been arrested. If you were here illegally, you're next.

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<v Speaker 5>You will be fine nearly one thousand dollars a day,

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<v Speaker 5>imprisoned and deported.

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<v Speaker 4>You will never return.

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<v Speaker 5>But if you register using our CBP home app and

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<v Speaker 5>leave now, you could be allowed to return legally.

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<v Speaker 4>Do what's right. Leave now.

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<v Speaker 5>Under President Trump, America's laws, order 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>People don't tell your ninety seven percent of businesses and

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<v Speaker 3>in failure not because what they did wrong of the reasons.

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<v Speaker 3>Let me break it down pieces. You go to a

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<v Speaker 3>neighborhood restaurant every other weekend and going sis a kid

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<v Speaker 3>because the owner was the beacon, but he wants to

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<v Speaker 3>sell it, so the food is in season.

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<v Speaker 1>Of the customers see that and start leaving.

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<v Speaker 3>Now they got to shut the business down where you

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<v Speaker 3>eat in because the founder they want to keep it.

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<v Speaker 1>Another example to believe in.

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<v Speaker 3>Is how valuable is the product of those who need it?

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<v Speaker 1>Is it like breathing?

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<v Speaker 3>Is it worth pulling my wallet out with the visus?

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<v Speaker 3>Or should I pass because I ain't got financial freedom?

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<v Speaker 3>These are things you gotta take in account. A real

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<v Speaker 3>entrepreneur is never weigh in it out. They start one company,

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<v Speaker 3>let it making them out, and then sell it before

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<v Speaker 3>it gets placed in the trout to start another company

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<v Speaker 3>every couple of years after and then repeat those steps

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<v Speaker 3>kind of like stair masters.

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<v Speaker 1>This is not actually taught. These are gems that I'm dropping.

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<v Speaker 3>Hope they actually get caught. Another thing, stop trying to

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<v Speaker 3>actual support. If your product is good, then it's practically bought.

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<v Speaker 1>So if demand thinks.

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<v Speaker 3>It in and you feel that it's basic and you

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<v Speaker 3>don't support it.

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<v Speaker 1>Reinforce it with a statement.

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<v Speaker 3>Invest in their dreams and say this the best way

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<v Speaker 3>to predict the future is for you to create it.

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<v Speaker 3>And this is for the work of bees. Don't get cocky.

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<v Speaker 3>You get paid for your work. Don't be snoppies. Don't

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<v Speaker 3>actually be the boss yr hoh shit sloppy because a

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<v Speaker 3>brand new fighter just won't hit rocky.

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<v Speaker 1>Ownership's not a reward for work. That's a tay check.

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<v Speaker 3>Ownership's a reward for risk. That's the apex. Instead of

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<v Speaker 3>double tapping asses and muscles, google and research the path

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<v Speaker 3>to the hustle. Get you a mentor and asks about

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<v Speaker 3>the struggle. Learn from mistakes, don't brand, keep a subtle.

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<v Speaker 3>The last freestyle had the last nigga puzzle. I ain't

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<v Speaker 3>rap about a ring and I would flash.

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<v Speaker 1>On my knuckle. A couple of people said they.

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<v Speaker 3>Was trapped in the bubble to they heard my freestyle

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<v Speaker 3>and they asset to double some education that.

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<v Speaker 1>Gets you a portion for self, education that gets you

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<v Speaker 1>a fortune. Want to get rich. It's a passion.

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<v Speaker 3>Trust me and some people so poor. All they really

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<v Speaker 3>have is money. This verse ain't facetious. Take that lyric

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<v Speaker 3>down and break the words and pieces get you a

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<v Speaker 3>nice life. Work cohesion get you one step closer to

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<v Speaker 3>earn your leashon you heard it.

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<v Speaker 2>Listen, listen, listen, don't play yourself. Listen one take only.

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<v Speaker 2>Nikki Fast is burned down my house man. I'm glad

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<v Speaker 2>I got insurance. Lisia has been earned, y'all