WEBVTT - Generational Wealth, Legacy and Black Banking w/ Ryan Glover 0:00:00.080 --> 0:00:02.280 Season two of the Black Tech Green Money podcast is 0:00:02.279 --> 0:00:04.800 brought to you by Lexus and the December to Remember 0:00:04.840 --> 0:00:08.560 sales event. From graduation parades to birthday parties. This year 0:00:08.800 --> 0:00:12.360 Driveways hosted some new traditions. Here's to celebrating them all. 0:00:13.039 --> 0:00:21.360 Experience Amazing at your Lexus, Dealing Afro Tech World, Gilly 0:00:21.400 --> 0:00:24.080 the King and social media influencer and disrupt Your willow 0:00:24.160 --> 0:00:26.400 To six seven are the host of The Million Dollars 0:00:26.400 --> 0:00:29.000 Worth The Gang Show, a weekly podcast which is the 0:00:29.000 --> 0:00:33.199 perfect blend of discussing music, real life issues, personal experiences, 0:00:33.440 --> 0:00:37.400 honest advice in comedy, and our interview at Afro Tech. 0:00:37.640 --> 0:00:40.000 I ask Gilly histor. Also, how we as black people 0:00:40.000 --> 0:00:43.760 in business can stand confident about our value, our perspective, 0:00:44.120 --> 0:00:47.599 our sauce when it's being challenged or not respected at 0:00:47.640 --> 0:00:50.720 a premium. Number One, you gotta believe in what you're doing. 0:00:50.880 --> 0:00:53.080 You know what I'm saying. That's number one. So if 0:00:53.120 --> 0:00:55.920 you if you being innovative and you being creative, and 0:00:56.280 --> 0:01:01.200 you you know in your mind that this is what 0:01:01.240 --> 0:01:03.360 I feel is gonna be the next ship, you gotta 0:01:03.440 --> 0:01:06.800 roll with that. I would never devalue myself for but 0:01:06.800 --> 0:01:09.600 for nothing you feel what I'm saying. I know what 0:01:09.680 --> 0:01:14.440 I'm worth, even even back when I was doing um 0:01:14.680 --> 0:01:19.360 record deals. Yeah, I flew down the swave house. You 0:01:19.400 --> 0:01:22.880 know Tony Draper, you know the really CEO that I 0:01:22.959 --> 0:01:25.200 ever met in my life. Shout out to Tony Draper. 0:01:25.400 --> 0:01:29.520 But he tried to do the ceo wine and Din 0:01:29.720 --> 0:01:32.720 Rapper shipped to me. We got down there. We well 0:01:32.800 --> 0:01:35.200 up to the gate. I never seen no house like 0:01:35.280 --> 0:01:38.520 this in my life. Gates opened up. He got rained 0:01:38.600 --> 0:01:44.119 fver a viper with the zipper windows and bad leaves, 0:01:44.120 --> 0:01:46.600 all kinds of ship. You know what I mean. I 0:01:46.720 --> 0:01:49.520 go in the drive. We we I'm talking no business. 0:01:49.560 --> 0:01:54.200 I'm down there two old days just I'm meeting superstars. 0:01:54.320 --> 0:01:58.520 I'm playing two and two against Jagget Edge. You I'm 0:01:58.520 --> 0:02:02.320 gonnaiga straight from old Phil Like, yeah, why I like this? 0:02:03.920 --> 0:02:07.120 The artist pulling up, his artist pulling up. That's already 0:02:07.200 --> 0:02:09.680 going eight more pull up here in the big body, 0:02:09.960 --> 0:02:13.359 five hundred fans mt T pull up here in the 0:02:13.520 --> 0:02:16.679 old school. I'm like, God, damn, these niggas doing it 0:02:17.040 --> 0:02:20.120 next day, Yes, they ball pull up here and something different. 0:02:20.160 --> 0:02:22.959 I'm like, damn, when it was time to talk that 0:02:23.080 --> 0:02:25.919 business don't want new the value ain't going on. This 0:02:26.000 --> 0:02:28.359 is what I wanted, he said, I ain't never gave 0:02:28.400 --> 0:02:30.280 a deal out that big in my life. I said, well, 0:02:30.360 --> 0:02:32.440 it was nice meeting your drink, but I'm going back 0:02:32.520 --> 0:02:35.400 to silly and he said, uh, you know what. I 0:02:35.560 --> 0:02:40.639 like that. I like that you got that. So it 0:02:40.880 --> 0:02:45.359 was just me believing in myself. You feel what I'm 0:02:45.400 --> 0:02:48.720 saying and believing it because sometimes you get around these 0:02:48.840 --> 0:02:51.280 companies and the motherfuck have been and played longer than you, 0:02:51.760 --> 0:02:56.600 and they had you doubting yourself. Mh No, I don't 0:02:56.639 --> 0:03:00.200 think it's supposed to go like that, because uh, did 0:03:00.280 --> 0:03:08.200 you doing the same ship since eight one? I'm Will 0:03:08.280 --> 0:03:11.679 Lucas and this is Black Tech, Green Money. I'm gonna 0:03:11.720 --> 0:03:13.560 introduce you to some of the biggest names, some of 0:03:13.600 --> 0:03:17.079 the brightest minds and brilliant ideas. If you're black and 0:03:17.160 --> 0:03:19.919 building or simply using tech to secure your bank, this 0:03:20.080 --> 0:03:27.639 podcast is for you. Ryan Glover is co founder and 0:03:27.720 --> 0:03:30.560 chairman at Greenwood Bank, the new digital bank he's building 0:03:30.600 --> 0:03:34.160 with Michael render A, Ka Rapper Killer Mike Ambassador, Andrew Young, 0:03:34.360 --> 0:03:38.200 and serial tech entrepreneur Paul Judge. Greenwood's mission is to 0:03:38.240 --> 0:03:41.080 help blacks and Latinos take control of the financial destiny 0:03:41.320 --> 0:03:45.120 and build generational wealth. Previous to Greenwood Bank, Ryan was 0:03:45.160 --> 0:03:47.800 in the music business as co founder of Noontime, the 0:03:47.920 --> 0:03:51.440 music publishing and management company, which represented people like Jazz Faye, 0:03:51.840 --> 0:03:54.920 Sierra Grammy, and war When, He producer Brian Michael Cox 0:03:55.000 --> 0:03:58.600 and others. He's also founder of bound TV, the national 0:03:58.680 --> 0:04:01.520 cable network, and the rest of Run in Atlanta Agency. 0:04:02.360 --> 0:04:05.160 Ryan got his career jop starting at Howard alongside Puff 0:04:05.200 --> 0:04:07.320 Daddy and Cassine Read, who would go on to be 0:04:07.440 --> 0:04:10.880 the Mayor of Atlanta. As a student, Cassine Read compelled 0:04:10.960 --> 0:04:13.880 Ryan to produce a hip hop concert for homecoming weekend. 0:04:14.520 --> 0:04:16.600 Of all the people who could have produced that concert 0:04:16.640 --> 0:04:19.600 would set off his stellar career. I wonder why Ryan 0:04:19.800 --> 0:04:23.440 was recruited, what made him so special all those years ago. 0:04:23.880 --> 0:04:30.240 So I've always been well, I've always been excited about 0:04:31.160 --> 0:04:37.039 the entertainment industry, right, but I can't rap, sing, dance 0:04:37.600 --> 0:04:41.080 my way out of a paperbag, right. So I've always 0:04:41.200 --> 0:04:48.560 been excited about entertainment, but from a business perspective. Um So, 0:04:49.200 --> 0:04:52.760 so back then on the on campus, you know, I 0:04:52.920 --> 0:04:57.880 saw the energy that was being created not just on 0:04:58.120 --> 0:05:03.080 our campus, but the musical energy that existed clearly in 0:05:03.160 --> 0:05:07.279 New York, clearly in California where I was from, where 0:05:07.279 --> 0:05:11.880 I'm from, and Atlanta, and I thought it would be 0:05:12.120 --> 0:05:17.920 an amazing idea will to bring that energy to Washington, 0:05:18.040 --> 0:05:22.440 d C. And to on to Howard's campus, right amidst 0:05:22.920 --> 0:05:27.520 the wonderful culture of the of the go go experience 0:05:27.839 --> 0:05:30.920 that existed in in d C. So it's almost like 0:05:31.080 --> 0:05:35.440 gumbo that was being created right there on on Howard's campus. 0:05:35.800 --> 0:05:41.640 And I tell you this, you know, being all at 0:05:41.760 --> 0:05:50.080 Howard during those times was an incredible education, right. You know, 0:05:50.400 --> 0:05:55.840 not only was I learning, will you know, scholastically, but 0:05:56.000 --> 0:06:02.040 I was also learning um other cultures really Michael, within 0:06:02.440 --> 0:06:08.120 my own culture, from individuals from different parts of the country, right, 0:06:08.600 --> 0:06:15.680 and built relationships um with those individuals from Chicago, from 0:06:15.839 --> 0:06:21.600 New York, from d C, from Texas, And those relationships, 0:06:21.680 --> 0:06:26.280 as I tell my children today, are the relationships that 0:06:26.520 --> 0:06:33.920 have helped me become successful um in life across multiple industries. Right. So, 0:06:34.640 --> 0:06:38.960 as you know, I went to Howard University, graduated from Howard, 0:06:39.200 --> 0:06:45.880 relocated to Atlanta, started a music and publishing company called noontime. 0:06:46.839 --> 0:06:51.960 We made records at noontime from everybody from Mary J. 0:06:52.160 --> 0:06:57.080 Blige to Aaliyah. We made records for puff Uh, we 0:06:57.320 --> 0:07:03.240 signed um Jeezy neon Tempt, we signed Sierra UM. But 0:07:03.680 --> 0:07:10.080 those relationships that we used to build that my first business, 0:07:10.160 --> 0:07:16.000 our first business I garnered on Howard's campus, right, So, 0:07:16.400 --> 0:07:19.880 so it was the relationships that I built, and it 0:07:20.080 --> 0:07:25.360 was also the ability to do business right from with 0:07:25.520 --> 0:07:28.920 the individuals that I that I met at Howard And 0:07:29.120 --> 0:07:34.320 that's really my foundation of of business and how I 0:07:34.440 --> 0:07:40.200 move UM into the future of of of Greenwood. There's 0:07:40.320 --> 0:07:43.160 so many young people who listen to this podcast and 0:07:43.240 --> 0:07:46.160 have dreams about being that front and center performer or 0:07:46.280 --> 0:07:49.040 the athlete or whatever. UM, and you said this, you know, 0:07:49.160 --> 0:07:51.560 I can't grap sing or dance whatever to say in 0:07:51.600 --> 0:07:55.040 my life. UM. In the pursuit of the business side 0:07:55.080 --> 0:07:57.840 of the entertainment industry, that New Times where I met you, 0:07:58.080 --> 0:08:00.960 you know, so many years ago, feels like, UM, what 0:08:01.080 --> 0:08:05.200 did you realize about the economical difference between the performer 0:08:05.240 --> 0:08:07.679 who ultimately gets the bright lights and takes the selfies 0:08:07.760 --> 0:08:10.520 with fans versus the person who may walk into a 0:08:10.640 --> 0:08:15.400 room or go into a crowd undetected or unnoticed. So 0:08:16.040 --> 0:08:20.920 so on on the economic side, um, let me just 0:08:21.000 --> 0:08:26.200 address address that. You know, it's lights, camera action, so 0:08:26.880 --> 0:08:33.880 so saving is always should be always at the forefront 0:08:34.400 --> 0:08:41.960 of anybody in entertainment or any other industries, UH frontal 0:08:42.040 --> 0:08:46.160 low in their thinking right because as we all know, 0:08:47.040 --> 0:08:53.760 in entertainment specifically, but just in life, nothing lasts forever. 0:08:54.840 --> 0:09:00.160 So so once you have that understanding that that you 0:09:00.240 --> 0:09:04.880 mentioned the right lights, at some point those lights will dim. 0:09:05.800 --> 0:09:09.000 I don't care if you are on stage or I 0:09:09.040 --> 0:09:13.240 don't care if you are backstage. Right, there is always 0:09:14.040 --> 0:09:19.520 someone who is gonna be a little more talented than 0:09:19.600 --> 0:09:23.520 you are, a little younger than you, a little faster 0:09:23.679 --> 0:09:27.880 than you. So you really have to look at your 0:09:27.960 --> 0:09:34.360 talent and understand will that that it's everything lass in 0:09:34.600 --> 0:09:39.800 chapters and in seasons, So you have to prepare yourself accordingly. 0:09:40.160 --> 0:09:43.760 You know, as a business person, you know I've been 0:09:43.840 --> 0:09:50.000 saying the art of recalibration is what can what allows 0:09:50.840 --> 0:09:53.800 you as a businessman to continue to grow. You know, 0:09:54.320 --> 0:09:58.839 I've been in in music, I've been in television and 0:09:58.960 --> 0:10:04.120 film and out I am in uh in banking services 0:10:04.200 --> 0:10:09.760 and digital banking, services industry, and you know, my recalibration 0:10:10.520 --> 0:10:17.480 has um allowed me to change industries, right, But my 0:10:17.720 --> 0:10:24.720 strategies in the way I operate as a businessman remains consistent, 0:10:25.520 --> 0:10:30.839 and and that really starts with for me, trusting in 0:10:30.960 --> 0:10:36.240 God and putting God first with whatever I do right 0:10:36.679 --> 0:10:40.559 and then also doing the best that I can to 0:10:40.840 --> 0:10:45.640 treat people the way I want to be treated, um, 0:10:46.600 --> 0:10:50.800 whether they are on my side of the negotiating table 0:10:51.240 --> 0:10:54.240 or on the or whether they're on the opposite side 0:10:54.280 --> 0:10:56.679 of the table. A lot of times people will realize, 0:10:57.160 --> 0:11:01.480 you know, truly honesty is really the as policy, whether 0:11:01.679 --> 0:11:06.000 you right, whether whether whether you want to you'd say 0:11:06.160 --> 0:11:08.920 something to somebody that you think that they don't want 0:11:08.920 --> 0:11:11.280 to hear, and they might not want to hear it, 0:11:11.720 --> 0:11:14.559 but at the end of the day, if you're dealing 0:11:14.679 --> 0:11:19.920 with grown ups, grown ups will understand it and respect it, 0:11:20.400 --> 0:11:25.160 and then that will allow you no matter where your 0:11:25.320 --> 0:11:31.000 professional career journey takes you, will allow you to garner 0:11:31.120 --> 0:11:35.520 that same respect with that earlier individual or with the 0:11:35.640 --> 0:11:39.599 individual that you're currently dealing with in that given time. So, 0:11:39.840 --> 0:11:44.600 I mean, those are my two basic strategies of whatever. 0:11:44.679 --> 0:11:48.480 And listen, if I move to um opening up a 0:11:48.559 --> 0:11:54.000 hot dog stand in front of a a sports arena. 0:11:54.800 --> 0:11:59.040 I'm gonna use the same strategies of the same strategies 0:11:59.080 --> 0:12:02.640 I use in banking. The state use intelligent film, same 0:12:02.679 --> 0:12:06.840 strategies and methodologies are using music. Yeah, and that honestly 0:12:06.920 --> 0:12:09.920 gives them the opportunity to deal with it. However, they 0:12:10.000 --> 0:12:11.480 got to deal with it. But come back to the 0:12:11.520 --> 0:12:16.880 table for everybody's benefit. Yeah. Yeah, you mentioned relationships, and um, 0:12:17.240 --> 0:12:19.719 you know I saw an interview with you where you 0:12:19.760 --> 0:12:22.240 said the best business advice you ever received was never 0:12:22.360 --> 0:12:26.320 give your partner surprises. Um. When I think about that advice, 0:12:26.920 --> 0:12:30.120 I consider how much a business partnership it's like a 0:12:30.240 --> 0:12:34.800 marriage and probably shouldn't be entered into frivolously. Right. And 0:12:35.400 --> 0:12:38.680 if if then we are the culture as in black people, 0:12:38.720 --> 0:12:41.560 If we are the culture that drives all global culture, 0:12:41.640 --> 0:12:45.319 whether you're talking about food, fashion, music, sports, or whatever. 0:12:46.440 --> 0:12:49.319 Then if you put two or three of us together, um, 0:12:49.960 --> 0:12:53.280 we should dominate, right if we're to you know, globally 0:12:53.440 --> 0:12:56.679 and all of these things, and we're not in everything. 0:12:57.080 --> 0:13:00.560 And so I wonder, um, is it because we may 0:13:00.640 --> 0:13:03.080 be misaligned with our partnerships, or is it something else. 0:13:03.160 --> 0:13:05.319 I wonder what your thoughts are on how to build 0:13:05.360 --> 0:13:10.120 successful business partnerships because you've done so many over your career. Well, 0:13:10.400 --> 0:13:16.599 I should say, yeah, so so building successful partnerships. You know, 0:13:17.200 --> 0:13:26.400 in all candor, oftentimes people look at like myself, they 0:13:26.600 --> 0:13:34.080 only remember the successes, But will I have had multiple 0:13:34.720 --> 0:13:41.240 upon multiple upon multiple failures right to go along with 0:13:41.360 --> 0:13:48.240 those successes, I've actually learned more and appreciated and it 0:13:48.360 --> 0:13:54.160 sounds crazy, more in my failures than my successes, right, 0:13:55.000 --> 0:14:00.640 And in those failures, you know, I learned earned really 0:14:01.320 --> 0:14:08.480 how to treat people and how to um identify not 0:14:08.760 --> 0:14:15.040 just talent but also partnerships. That I went and applied 0:14:16.920 --> 0:14:24.320 those tactics and strategies two businesses that ended up working. Right. So, 0:14:25.000 --> 0:14:28.840 you know, we live in a generation now where everybody 0:14:29.120 --> 0:14:35.960 wants everything micro waverable. You know, you know I you 0:14:36.080 --> 0:14:45.200 mentioned party promotion at Howard. I used to study, go 0:14:45.320 --> 0:14:51.880 to school, study, taking nap at night, wake up at 0:14:51.880 --> 0:14:55.400 twelve am in the morning and go pass out three thousand, 0:14:55.880 --> 0:15:01.240 four thousand flyers hand to hand at an event at 0:15:01.280 --> 0:15:04.320 an upcoming event that I was promoting into the wee 0:15:04.440 --> 0:15:08.240 bit hours and then get up and do it all 0:15:08.320 --> 0:15:15.560 over again weeks on in while at school while promoting, right, 0:15:16.680 --> 0:15:21.520 that's that's the grind now kids a lot of times 0:15:22.400 --> 0:15:26.320 and Riley, So technology is great. I'm thank the Lord 0:15:26.520 --> 0:15:30.400 for technology. But technology is could be a gift and 0:15:30.600 --> 0:15:36.680 a curse at the same time because although you know, 0:15:37.320 --> 0:15:40.320 the younger generation is definitely on the hustle and I 0:15:40.480 --> 0:15:44.600 love it. I love everything that I see, um from 0:15:44.680 --> 0:15:50.440 the the younger generation across multiple industries. But there's something 0:15:51.080 --> 0:15:55.360 to the fact to the art for me of putting 0:15:55.400 --> 0:16:01.280 a flyer on a car, right, yeah, I did that. 0:16:01.640 --> 0:16:06.560 I did that. That that that you just you can't 0:16:06.760 --> 0:16:13.160 duplicate that. That grind hand combat, yeah yeah, and that grind, 0:16:13.760 --> 0:16:16.240 that grind is always in the forefront of my mind 0:16:16.760 --> 0:16:23.960 whatever I do. It's ironic. Man, the the more uh 0:16:25.000 --> 0:16:35.400 the world perceives of my success, uh, the more instable 0:16:35.680 --> 0:16:38.640 in stable I become, right because I'm like, you know, 0:16:39.640 --> 0:16:42.360 I don't I can't. I can't really, I can't really 0:16:43.000 --> 0:16:47.920 process success. I can only process I can't process past success. 0:16:48.320 --> 0:16:53.320 I can only focus on what's in front of me, right, Yeah, 0:16:53.360 --> 0:16:58.080 I'm not looking backwards, I'm looking forwards, um, because there's 0:16:58.400 --> 0:17:01.200 there's still more work to be be done. There's still 0:17:01.320 --> 0:17:05.680 more good trouble to get into, you know. Um, so 0:17:06.359 --> 0:17:11.400 so so that's that's that's my mindset man. Um. Far 0:17:11.560 --> 0:17:14.240 too many of us in our community have dreams of 0:17:14.320 --> 0:17:18.760 starting companies and don't have adequate business business banking relationships 0:17:18.880 --> 0:17:22.720 right or banking relationships period um. In fact, too many 0:17:22.800 --> 0:17:26.480 of us avoid banks altogether and or just use banks 0:17:26.520 --> 0:17:29.239 for you know, depositing their check and you know debit cards. Right. 0:17:29.280 --> 0:17:32.639 And you said in the previous interview, Uh, this is 0:17:32.680 --> 0:17:36.280 our time speaking about Greenwood to take back control of 0:17:36.359 --> 0:17:40.320 our lives and our financial future. Um, for it would 0:17:40.400 --> 0:17:43.679 be entrepreneur in our community. What does a good banking 0:17:43.760 --> 0:17:45.879 relationship look like? This is a big question, but what 0:17:45.960 --> 0:17:48.520 does a good banking relationship look like? How are we 0:17:48.600 --> 0:17:52.400 supposed to engage with banks? Um, bankers a should say, 0:17:52.480 --> 0:17:56.440 even for services other than just making deposits into an account? 0:17:56.840 --> 0:17:58.879 And what level of bank er should we be talking to? Like, 0:17:59.000 --> 0:18:01.760 so we start with the teller, like what, let's walk 0:18:01.840 --> 0:18:06.960 us through this? Yeah, so so so I believe Speaking 0:18:07.000 --> 0:18:11.440 of technology, we're in a new digital age. So sixty 0:18:12.280 --> 0:18:18.080 of Americans are banking digitally currently. Um. That number is 0:18:18.200 --> 0:18:23.800 kicking up around three per year. And there are really 0:18:23.960 --> 0:18:30.119 no UM authentic digital banking solutions that cater to the 0:18:30.200 --> 0:18:36.000 African American and Latin X community really until Greenwood. So 0:18:36.080 --> 0:18:40.800 we're a fintech nel bank that provides modern digital banking 0:18:41.040 --> 0:18:45.560 services for for the for the culture. Right. So, so 0:18:45.760 --> 0:18:50.040 you know some of our services your full service UH 0:18:50.520 --> 0:18:53.879 bank in your hand, savings and spending the count We 0:18:54.040 --> 0:18:57.639 have Apple and Android pay, peer to peer money transfers, 0:18:57.720 --> 0:19:02.760 mobile deposits globally TM network, UM, no hidden fees and 0:19:02.880 --> 0:19:07.760 one of my favorite features UM today early early path UM. 0:19:08.520 --> 0:19:10.720 But the fact of the matter is there are three 0:19:10.800 --> 0:19:15.040 problems well that we will solve UM. And as a 0:19:15.119 --> 0:19:22.120 reason why we stood, we're standing Greenwood up. UM. One. UM, 0:19:22.640 --> 0:19:26.080 you know, in our communities there are far too many 0:19:27.000 --> 0:19:33.280 predatory banking services that we cater to. We want to 0:19:33.520 --> 0:19:42.040 extinguish those predatory services. Two and oh to Greenwood. We 0:19:42.320 --> 0:19:47.920 want to be a part of the solution of recirculating 0:19:49.040 --> 0:19:54.960 capital back into our communities as once had what was 0:19:55.160 --> 0:20:00.480 happened in the Greenwood district in Tulsa, Oklahoma. UM. You know, 0:20:01.000 --> 0:20:04.720 we often hear about Black Wall Street in all of 0:20:04.800 --> 0:20:10.240 the thriving businesses that existed during the twenties and that time. 0:20:10.840 --> 0:20:14.560 But you know the reason why those businesses flourished is 0:20:14.640 --> 0:20:20.879 because one dollar recirculated thirty six times in that one community, 0:20:21.880 --> 0:20:28.800 and that allowed UM. That allowed the barber, the banks, 0:20:29.680 --> 0:20:37.359 the the grocers, the attorneys, right the the doctors, right 0:20:37.520 --> 0:20:42.200 the bowling alleys, that whatever businesses were in those communities, 0:20:42.640 --> 0:20:47.639 that money recirculated and everybody got a bite at the apple. 0:20:48.640 --> 0:20:54.960 Unfortunately for us, in our community today, one dollar man 0:20:55.160 --> 0:21:01.280 recirculates six hours. So so you know, at Greenwood, through 0:21:01.359 --> 0:21:06.560 our Greenwood Gives Back round Up program, our customers have 0:21:06.680 --> 0:21:12.560 the opportunity to donate their rounded up change to three 0:21:12.760 --> 0:21:17.960 causes we care about um UT one the n double 0:21:18.040 --> 0:21:22.560 a CP to fight civil rights, um to U n 0:21:22.640 --> 0:21:27.720 c F to support education, and three there's a wonderful 0:21:27.760 --> 0:21:32.120 company in Atlanta that feeds um the hungry and homeless 0:21:32.160 --> 0:21:37.360 called good or UM. And our customers have the opportunity 0:21:38.440 --> 0:21:40.920 to donate a portion of their rounded up change to 0:21:41.040 --> 0:21:45.040 either one of those organizations or a combination of the three. 0:21:45.640 --> 0:21:51.919 And then every quarter Greenwood UM we will UM as 0:21:51.960 --> 0:21:55.200 a banking solution, donate and match those funds to those 0:21:55.440 --> 0:22:01.520 to those organizations. The third UM solution, the so third 0:22:01.600 --> 0:22:05.200 problem that we're going to solve is the deployment of 0:22:05.320 --> 0:22:12.480 capital in our communities. Right. So, you know I've started 0:22:13.800 --> 0:22:17.159 a couple of businesses that have done well. None of 0:22:17.200 --> 0:22:22.960 those businesses we're started or stood up with banking capital. 0:22:23.920 --> 0:22:28.480 So you know, we don't have the relationships that our 0:22:28.560 --> 0:22:36.639 counterparts have UM that allows us to create wealth personally 0:22:37.080 --> 0:22:44.400 or professionally like others do UM and and we plan 0:22:44.520 --> 0:22:48.159 on solving that problem UM or being a part of 0:22:48.240 --> 0:22:52.879 the solution to that problem. Uh So, really to answer 0:22:52.960 --> 0:22:59.080 your question, you know, we we are an authentic banking 0:22:59.200 --> 0:23:03.880 solution that knows how to because I am one identify 0:23:04.560 --> 0:23:11.359 small business owners UM that that you know, I have 0:23:11.600 --> 0:23:16.920 great ideas, have wonderful talent, I have a great support system, 0:23:17.240 --> 0:23:21.280 have a marketplace, but just don't have the capital to 0:23:22.119 --> 0:23:27.200 to turn their business from a micro business to a 0:23:27.400 --> 0:23:31.040 major business. And we're we're bullish, We're bullish on that 0:23:31.840 --> 0:23:51.600 um UM as A as A as a company. Season 0:23:51.680 --> 0:23:53.840 two of the Black Tech Green Money Podcast is brought 0:23:53.920 --> 0:23:57.080 to you by Lexus, known for celebrating driveway moments for 0:23:57.119 --> 0:24:00.040 over thirty years. Lexus invites you to create more with 0:24:00.160 --> 0:24:03.000 exclusive offers on the most popular Alexis models at the 0:24:03.080 --> 0:24:07.560 December to Remember Sales event. Experience Amazing at your Alexis dealer. 0:24:08.760 --> 0:24:10.640 This year, I read the book The Color of Money 0:24:10.760 --> 0:24:13.680 by Mercer Barraturan, and she talked about how black people 0:24:13.760 --> 0:24:16.920 have not yet overcome the mindset and systemic oppression of 0:24:17.080 --> 0:24:21.520 being capital to having capital. Ryan's new effort with Green 0:24:21.560 --> 0:24:24.480 Would Bank, it's on the mission to change that for 0:24:24.600 --> 0:24:27.479 many have tried before. How will Green Would make an 0:24:27.520 --> 0:24:32.880 impact on this pervasive issue? Ryan Glover speaks on it, Well, 0:24:33.320 --> 0:24:37.240 we have good reason. You read the book, so you 0:24:37.400 --> 0:24:43.879 understand we have good reason to mistrust banks. So you 0:24:44.000 --> 0:24:50.600 know in eighteen hundreds US a Freeman's bank, that right 0:24:50.880 --> 0:24:58.000 that that actually duped thousands of African Americans out of 0:24:58.040 --> 0:25:02.520 their savings and and those trustees who ran the bank 0:25:03.480 --> 0:25:08.840 UH misappropriated their funds into investments that never panned out. 0:25:09.480 --> 0:25:16.959 They're over three thousand um um um um individuals who 0:25:17.080 --> 0:25:20.520 lost who lost money in that one bank, and that 0:25:20.800 --> 0:25:28.000 actual tread tragedy and travesty. Unfortunately, from a folklore standpoint, 0:25:28.119 --> 0:25:32.960 that story has been told generation to generation and we 0:25:33.160 --> 0:25:37.840 haven't gotten over it as a culture. Um, you know 0:25:38.200 --> 0:25:44.960 there's no there's no mystery or there's no falsehood in 0:25:45.800 --> 0:25:52.280 our grandparents are great grandparents actually using their mattresses as 0:25:52.440 --> 0:25:58.959 their savings and deposits? Right because bank mistrust? And then 0:25:59.080 --> 0:26:04.440 you fast forward word you know all of the the 0:26:05.119 --> 0:26:10.680 the the issues that some traditional banks have had with 0:26:10.840 --> 0:26:18.080 predatory lending, redlining. Um you know of the sort. Uh 0:26:18.720 --> 0:26:23.159 you know, the current community doesn't. We're not we're not 0:26:23.320 --> 0:26:28.800 trusting banks, um curb currently. Right. So you know we 0:26:28.960 --> 0:26:32.760 know also too that we are as a community, uh 0:26:33.520 --> 0:26:39.600 a lot less likely to receive loans than our white counterparts. 0:26:40.119 --> 0:26:46.600 So all of that combustion, combustible bad will for decades 0:26:47.520 --> 0:26:53.200 has created a mistrust in banks, right. Um, you know, 0:26:53.680 --> 0:26:58.880 we are attempting to build that trust back, and we're 0:26:59.560 --> 0:27:05.159 coming at an approaching it from a standpoint of I 0:27:05.280 --> 0:27:10.720 am not a banker, but we have hired bankers to 0:27:11.240 --> 0:27:16.399 operate our business. But me not being a physical banker, 0:27:16.960 --> 0:27:21.919 I understand. I believe what the community and the small 0:27:22.040 --> 0:27:26.680 business person and just the everyday African American and Latin 0:27:26.840 --> 0:27:33.200 X customer needs to understand on creating an authentic banking 0:27:33.320 --> 0:27:40.119 solution and we're speaking directly and authentically, UM to to that, 0:27:40.400 --> 0:27:44.640 to that individual, and hopefully over time we will build 0:27:44.720 --> 0:27:49.720 trust back into the community from a banking perspective. Um. 0:27:50.200 --> 0:27:54.159 You know, and yes there are other great African American 0:27:54.640 --> 0:28:00.200 banks that that exists, but I candidly think, you know 0:28:00.840 --> 0:28:06.639 not no of the traditionals or the African American current 0:28:06.720 --> 0:28:13.080 banks are speaking to the generation, UM, that we currently 0:28:13.240 --> 0:28:18.280 exist in the way we organically and authentically can. And 0:28:18.400 --> 0:28:22.119 that's what we're that's what we're going to do of it. Um. 0:28:22.440 --> 0:28:26.600 You've broken into very well, you know, these industries that 0:28:26.760 --> 0:28:28.800 have high bars in a lot of ways to get into, 0:28:28.880 --> 0:28:31.320 you know what, whether it be owning television stations and 0:28:31.400 --> 0:28:34.119 not holding a bank, etcetera. And talk to me like 0:28:34.359 --> 0:28:37.640 number one, like, what what is it that Ryan has 0:28:37.760 --> 0:28:39.680 in his background that says, you know what, we're going 0:28:39.720 --> 0:28:41.680 to give him the keys to this next level of 0:28:41.760 --> 0:28:44.440 success Because a lot of people may go to start 0:28:44.480 --> 0:28:46.959 a television network and can't get it done. A lot 0:28:47.000 --> 0:28:49.000 of people want to start a bank, can't get it done, 0:28:49.400 --> 0:28:52.160 not for like a trying, But what is it? What 0:28:52.320 --> 0:28:58.280 is it that people miss? Here? Here's my secret partner 0:28:58.360 --> 0:29:06.160 with people as smart or smarter than you in those industries. Okay, 0:29:07.200 --> 0:29:13.160 that's where I start. Um. I always start with, whether 0:29:13.600 --> 0:29:18.160 whether it be music, television and film, um now banking services, 0:29:18.840 --> 0:29:26.640 I start with where is the opportunity and that can't 0:29:26.720 --> 0:29:32.680 could be filled? That's not right. In music, we started 0:29:32.720 --> 0:29:39.200 Noontime from the auspices of they're amazed, a ton of 0:29:39.320 --> 0:29:44.760 amazing production companies and record companies that are doing amazing work. 0:29:45.160 --> 0:29:54.440 So so Deaf Bad Boy, Deaf Jam death Row Right 0:29:55.320 --> 0:29:57.760 death Row came a little bit after us, but you 0:29:57.840 --> 0:30:02.280 get my get my point, um. But we at Noontime 0:30:03.440 --> 0:30:07.240 we all knew myself, Chris Hicks and Henry Lead, we 0:30:07.360 --> 0:30:11.120 all knew that neither none of us could wrap singer 0:30:11.280 --> 0:30:15.280 dance away out of a paper bag. But we are 0:30:15.400 --> 0:30:18.880 Angle was being the best business people that we could 0:30:18.960 --> 0:30:26.480 be to support the talent. Right that that led the company. 0:30:27.080 --> 0:30:30.840 We weren't the talent and the other companies that we 0:30:30.960 --> 0:30:35.480 were competing with they were led by talent. Our Angle 0:30:36.000 --> 0:30:40.280 was not to lead by talent, but lead through business 0:30:40.840 --> 0:30:46.440 and business executives. Right, So that was our niche bounce. 0:30:47.760 --> 0:30:51.280 We were the first African, We are the first African 0:30:51.320 --> 0:30:57.440 American broadcast network in existence. Right, we knew, I knew 0:30:58.080 --> 0:31:04.400 that black and brown folks UM, you know, wanted to 0:31:04.560 --> 0:31:13.440 watch compelling, captivating entertainment entertaining television programming. But we all 0:31:13.600 --> 0:31:20.120 don't have dollars to UH enlisted in a cable operator, right, 0:31:20.600 --> 0:31:23.560 So how can we become the first over the air 0:31:23.760 --> 0:31:31.200 network that provided free entertaining UM content to the masses 0:31:32.200 --> 0:31:36.760 over the air broadcast content like an NBC, ABC, Fox. 0:31:37.360 --> 0:31:42.720 And we did it UM and partnered with individuals who 0:31:43.000 --> 0:31:46.480 knew that business like the back of their hands. Same 0:31:46.560 --> 0:31:52.040 thing with with with Greenwood UM. There's an opportunity to 0:31:52.200 --> 0:31:58.000 serve a zero served African American and Latin X community 0:31:59.040 --> 0:32:06.520 from a you know, banking perspective. UM. Partnering with bankers 0:32:07.600 --> 0:32:13.280 UM and individuals of like thinking to grow this business 0:32:13.760 --> 0:32:19.200 is the way we're growing the Greenwood UH banking solution. 0:32:19.880 --> 0:32:23.320 So all all of the businesses that have all ever 0:32:23.480 --> 0:32:28.360 started always has started with the mission and then a 0:32:28.520 --> 0:32:36.280