1 00:00:00,560 --> 00:00:03,520 Speaker 1: Hi, this is Rashaan McDonald, a host this weekly Money 2 00:00:03,520 --> 00:00:07,360 Speaker 1: Making Conversation Masterclass show. The interviews and information that this 3 00:00:07,440 --> 00:00:10,520 Speaker 1: show provides off for everyone. It's time to stop reading 4 00:00:10,600 --> 00:00:14,040 Speaker 1: other people's success stories and start living your own. If 5 00:00:14,080 --> 00:00:16,200 Speaker 1: you want to be a guest on my show, please 6 00:00:16,320 --> 00:00:21,079 Speaker 1: visit our website, Moneymakingconversations dot com and clip the be 7 00:00:21,200 --> 00:00:24,279 Speaker 1: a Guest button and then submit your information. If you 8 00:00:24,280 --> 00:00:26,360 Speaker 1: want to be a guest on the show. Now, let's 9 00:00:26,400 --> 00:00:29,360 Speaker 1: get this show started. I'm working on the documentary, and 10 00:00:29,400 --> 00:00:32,640 Speaker 1: the documentary is about wealth. I write an article that 11 00:00:32,760 --> 00:00:37,519 Speaker 1: said two point three million. Charles Swabs does his annual 12 00:00:37,560 --> 00:00:41,760 Speaker 1: wealth article, the two point three million dollars you'll be 13 00:00:41,800 --> 00:00:45,760 Speaker 1: defined as wealthy or rich. Now that's based on Houston, 14 00:00:45,840 --> 00:00:49,360 Speaker 1: Texas polls. Now, that might go on different areas of 15 00:00:49,360 --> 00:00:51,720 Speaker 1: the country, but I felt there was appropriate to bring 16 00:00:51,720 --> 00:00:54,280 Speaker 1: that up that I'm working on documentary because my next 17 00:00:54,320 --> 00:00:57,680 Speaker 1: guest delves in the direction of wealth. Let me introduce 18 00:00:57,720 --> 00:01:00,960 Speaker 1: them to you. My guess is a basketball enthusiasts with 19 00:01:01,040 --> 00:01:04,360 Speaker 1: thirty five years of plan experience. He has played at 20 00:01:04,400 --> 00:01:08,360 Speaker 1: every major level, including ten years in the world's best league, 21 00:01:08,840 --> 00:01:12,680 Speaker 1: the NBA. He's written a book and titles First Generation Rich. 22 00:01:13,120 --> 00:01:16,360 Speaker 1: His book delves into the unique challenges and opportunities faced 23 00:01:16,360 --> 00:01:21,200 Speaker 1: by individuals who are first generational rich. He offers insights 24 00:01:21,240 --> 00:01:25,399 Speaker 1: and strategies to cultivate deeper, more meaningful connections with your 25 00:01:25,480 --> 00:01:28,560 Speaker 1: loved one. Please work with the Money Making Conversation Masterclass 26 00:01:28,760 --> 00:01:31,600 Speaker 1: Troy as I call him t Hood Hudson. 27 00:01:31,600 --> 00:01:34,560 Speaker 2: Now you're doing, my brother, I'm pretty good? How about you? 28 00:01:34,880 --> 00:01:37,080 Speaker 1: Well, you know, it was just some perfect time in 29 00:01:37,160 --> 00:01:40,280 Speaker 1: about this book's first Generation Rich because I am working 30 00:01:40,280 --> 00:01:42,960 Speaker 1: on a documentary by Wealth and trying to get understanding 31 00:01:43,240 --> 00:01:46,480 Speaker 1: what wealth means to different people and how they value 32 00:01:46,480 --> 00:01:48,640 Speaker 1: it and how they achieve it. Now, if I make 33 00:01:48,720 --> 00:01:51,000 Speaker 1: this statement to you, you have this book off and 34 00:01:51,360 --> 00:01:54,120 Speaker 1: Charles Swarp did a survey in Houston textas they said, 35 00:01:54,440 --> 00:01:57,400 Speaker 1: if you have two point three million dollars, you can 36 00:01:57,440 --> 00:01:59,760 Speaker 1: consider yourself rich. What are your thoughts on that? 37 00:02:02,040 --> 00:02:04,440 Speaker 2: I believe, So, you know, two point three million dollars 38 00:02:04,760 --> 00:02:07,400 Speaker 2: to the You know, the the avid citizen is a 39 00:02:07,560 --> 00:02:11,240 Speaker 2: is a lot of money and and the key term 40 00:02:11,280 --> 00:02:14,600 Speaker 2: there is rich. Uh. It's something that you can you 41 00:02:14,639 --> 00:02:17,040 Speaker 2: can turn into wealth, but you have to you have 42 00:02:17,120 --> 00:02:19,680 Speaker 2: to make sure you make you know, the right decisions 43 00:02:19,720 --> 00:02:22,840 Speaker 2: with that those riches in order for them, uh, to 44 00:02:22,840 --> 00:02:24,360 Speaker 2: to accumulate wealth. 45 00:02:25,000 --> 00:02:26,840 Speaker 1: Right, you talk about long term and I know you 46 00:02:26,919 --> 00:02:28,880 Speaker 1: use two words there you can do. You say the 47 00:02:28,919 --> 00:02:32,720 Speaker 1: word rich and wealth, And I'm assuming rich can be 48 00:02:32,800 --> 00:02:36,320 Speaker 1: defined as temporary. Wealth feels like a legacy? Are long term? 49 00:02:36,360 --> 00:02:37,840 Speaker 1: Am I correct in as assumption? 50 00:02:38,520 --> 00:02:41,560 Speaker 2: Uh, You're you're absolutely one hundred percent correct. You know, 51 00:02:41,600 --> 00:02:46,200 Speaker 2: I think a lot of times we don't understand that 52 00:02:46,480 --> 00:02:49,079 Speaker 2: those two differences. And rich in wealth, you know, there's 53 00:02:49,160 --> 00:02:52,359 Speaker 2: a lot of rich people in the world and there's 54 00:02:52,400 --> 00:02:57,600 Speaker 2: only you know, a few wealthy people and in terms 55 00:02:57,680 --> 00:02:59,840 Speaker 2: of the amount of people that's on the earth, so 56 00:03:00,160 --> 00:03:02,840 Speaker 2: you know, trying to turn those riches into wealth is 57 00:03:03,360 --> 00:03:06,280 Speaker 2: easier said than done. There's a lot of you know, 58 00:03:06,440 --> 00:03:11,080 Speaker 2: stumbles that that go along. Sometimes it happens, sometimes it doesn't. 59 00:03:11,680 --> 00:03:14,519 Speaker 2: Sometimes there's gambles that you have to take in order 60 00:03:14,639 --> 00:03:18,400 Speaker 2: to to accumulate wealth. But I mean there's a lot 61 00:03:18,400 --> 00:03:21,920 Speaker 2: of principles that can allow you to remain rich for 62 00:03:22,120 --> 00:03:24,520 Speaker 2: the rest of your life, which is fine, but if 63 00:03:24,560 --> 00:03:27,840 Speaker 2: you want to you know, be wealthy, you have to 64 00:03:27,880 --> 00:03:30,320 Speaker 2: be very prodent in your approaches to the money. 65 00:03:30,560 --> 00:03:34,080 Speaker 1: Well, it's really important that people understand what he's saying. Leon, 66 00:03:34,440 --> 00:03:39,200 Speaker 1: I mean Elon Musk. He's wealthy, he's he's the richest 67 00:03:39,200 --> 00:03:40,680 Speaker 1: man in the world. You put to a rich and 68 00:03:40,720 --> 00:03:43,480 Speaker 1: wealthy they him and we all know Leon Eon I 69 00:03:43,600 --> 00:03:47,560 Speaker 1: want to call Leon. I don't know why. I yeah, 70 00:03:47,560 --> 00:03:50,280 Speaker 1: I know, he probably go crazy. I'm calling him Leon. 71 00:03:50,960 --> 00:03:55,200 Speaker 1: But he's a wealthy guy. So as Warren Buffett wealthy 72 00:03:55,240 --> 00:03:59,920 Speaker 1: guy gates wealthy people, uh tilm and Fatida and he 73 00:04:00,000 --> 00:04:03,240 Speaker 1: hous to Texas wealthy. These people are buying items and 74 00:04:04,160 --> 00:04:07,200 Speaker 1: what you consider a higher rental or high rates, kind 75 00:04:07,240 --> 00:04:09,120 Speaker 1: of like uber rates for them when they go out 76 00:04:09,120 --> 00:04:13,320 Speaker 1: and live their lifestyle, private jets, you know, large planes. 77 00:04:14,040 --> 00:04:18,200 Speaker 1: Security because people can kidnap these type of people if 78 00:04:18,200 --> 00:04:21,880 Speaker 1: they allow themselves to be exposed like that. Now, your 79 00:04:21,920 --> 00:04:25,960 Speaker 1: wealth basketball player, tell us about that before we get 80 00:04:25,960 --> 00:04:30,320 Speaker 1: into the book. Your journey from your minority some assuming 81 00:04:30,400 --> 00:04:33,200 Speaker 1: you were not born into wealth, but you came into 82 00:04:33,240 --> 00:04:36,720 Speaker 1: it because the NBA interest you introduce you to a 83 00:04:36,800 --> 00:04:40,360 Speaker 1: higher income. Back, talk about that initial journey of where 84 00:04:40,360 --> 00:04:43,200 Speaker 1: you came from so we can establish the conversation we're 85 00:04:43,200 --> 00:04:44,560 Speaker 1: gonna have about your book. 86 00:04:45,960 --> 00:04:50,279 Speaker 2: Well, I'm from a southern Illinois, which is when I 87 00:04:50,360 --> 00:04:53,720 Speaker 2: tell people are from Illinois, they automatically as from Chicago. 88 00:04:54,120 --> 00:04:57,240 Speaker 2: But I'm from southern Illinois, which is actually closer to 89 00:04:57,320 --> 00:04:59,480 Speaker 2: Saint Louis. Is an hour to a half from Saint Louis, 90 00:05:00,320 --> 00:05:02,359 Speaker 2: three and a half hours from Memphis, and I'm actually 91 00:05:02,480 --> 00:05:05,719 Speaker 2: five hours south of Chicago. So I'm in the southern 92 00:05:05,720 --> 00:05:09,760 Speaker 2: part of Illinois. And i was born in public housing. 93 00:05:10,839 --> 00:05:13,839 Speaker 2: You know, I was raised by my my mother, my grandmother, 94 00:05:14,680 --> 00:05:16,800 Speaker 2: aunts and uncles. You know, it was It's one of 95 00:05:16,839 --> 00:05:20,280 Speaker 2: those things where it takes a village, right. But you know, 96 00:05:20,360 --> 00:05:24,239 Speaker 2: I'm from public housing in southern Illinois. You know, we 97 00:05:24,240 --> 00:05:27,560 Speaker 2: we came from, you know, things that we needed, not 98 00:05:27,640 --> 00:05:30,080 Speaker 2: things that we wanted. You know, you you ate what 99 00:05:30,279 --> 00:05:32,760 Speaker 2: was on the table, you know, ate whatever your mama 100 00:05:32,920 --> 00:05:38,239 Speaker 2: or grandmother had. Right. We all slept in one room, 101 00:05:38,440 --> 00:05:42,159 Speaker 2: right and you know, here and there you have cable 102 00:05:42,160 --> 00:05:45,200 Speaker 2: TV sometimes you do sometimes, you know, so a very 103 00:05:45,279 --> 00:05:48,839 Speaker 2: humble beginning, and and you know, I just found the 104 00:05:48,960 --> 00:05:53,200 Speaker 2: love for sports right in my hometown, Carbondale, Illinois is 105 00:05:53,200 --> 00:05:58,239 Speaker 2: only it's only probably thirty thousand residents at that time, 106 00:05:58,320 --> 00:06:02,479 Speaker 2: and that was including students, so prominent. Residencies were probably 107 00:06:03,160 --> 00:06:06,839 Speaker 2: fifteen thousand people in Carbondale when the students wasn't there 108 00:06:07,040 --> 00:06:12,320 Speaker 2: at Southern Law University. So very very small town, not 109 00:06:12,760 --> 00:06:16,800 Speaker 2: a lot of infrastructure. Growing up, we didn't have a 110 00:06:16,839 --> 00:06:19,960 Speaker 2: lot of outlets. So sports was a way for me 111 00:06:20,080 --> 00:06:24,320 Speaker 2: to really be able to you know, travel the world, 112 00:06:24,400 --> 00:06:28,000 Speaker 2: travel the state and play the game that I loved. 113 00:06:28,040 --> 00:06:30,000 Speaker 2: And it took me a long way. It took me 114 00:06:30,040 --> 00:06:33,840 Speaker 2: from those humble beginnings across the world to where I 115 00:06:33,880 --> 00:06:38,320 Speaker 2: was playing in Madison Square Garden, the Staples Center and 116 00:06:38,400 --> 00:06:42,240 Speaker 2: all across the United States and able to garner a 117 00:06:42,640 --> 00:06:46,840 Speaker 2: you know, successful career in a large contract. When I 118 00:06:46,880 --> 00:06:49,640 Speaker 2: was here with the Minnesota Timberwolves in two thousand and 119 00:06:49,640 --> 00:06:53,080 Speaker 2: three was my biggest contract. The only one that I 120 00:06:53,200 --> 00:06:56,560 Speaker 2: signed for multi years was here with the Timberwolves in 121 00:06:56,800 --> 00:06:59,159 Speaker 2: two thousand and three two thousand and four, which was 122 00:06:59,200 --> 00:07:03,440 Speaker 2: for thirty six minusion dollars, and at that time the NBA, 123 00:07:03,600 --> 00:07:08,720 Speaker 2: that was considered a pretty decent contract. Right now, thirty 124 00:07:08,800 --> 00:07:10,040 Speaker 2: six million dollars in the NBA. 125 00:07:12,240 --> 00:07:14,960 Speaker 1: Hey, hey, Troy, let's talk about where you signed it. Okay, 126 00:07:15,000 --> 00:07:17,840 Speaker 1: that's a different error. Okay, we talking about people being 127 00:07:17,920 --> 00:07:20,760 Speaker 1: traded and being mad making sixty million dollars a year. Okay, 128 00:07:21,120 --> 00:07:23,800 Speaker 1: now we're talking about thirty six million. What you said 129 00:07:23,840 --> 00:07:28,160 Speaker 1: two thousand and three, Yes, two thousand and three. I you know, 130 00:07:28,200 --> 00:07:30,800 Speaker 1: I sat up in my chair when I heard that contract. 131 00:07:30,840 --> 00:07:32,560 Speaker 1: I'm just gonna let you know that right now. I 132 00:07:32,600 --> 00:07:35,800 Speaker 1: sat up in my chair. But when people hear that number, 133 00:07:36,040 --> 00:07:38,960 Speaker 1: I always tell people, because you are an you are 134 00:07:39,120 --> 00:07:43,440 Speaker 1: an athlete, I call that working wealthy. And people said, well, 135 00:07:43,440 --> 00:07:45,600 Speaker 1: you here, you rashan. It means as long as he 136 00:07:46,040 --> 00:07:49,560 Speaker 1: can perform a task that's tied to that number, he's 137 00:07:49,600 --> 00:07:52,680 Speaker 1: a rich man. But as soon as he cannot perform 138 00:07:52,760 --> 00:07:55,679 Speaker 1: that task, that thirty six million dollar contract will go away. 139 00:07:56,000 --> 00:08:00,000 Speaker 1: So his work and his income are tied one on one. 140 00:08:00,320 --> 00:08:02,800 Speaker 1: That's not the case with Musk, that's not the case 141 00:08:02,840 --> 00:08:06,280 Speaker 1: with Warren Buffett. They make money while they sleep. They 142 00:08:06,320 --> 00:08:08,760 Speaker 1: make what I call mailbox money. They go to their 143 00:08:08,760 --> 00:08:11,440 Speaker 1: mailbox check sitting in there. He has to make his 144 00:08:11,560 --> 00:08:14,880 Speaker 1: money when he went between the lines between those two 145 00:08:14,960 --> 00:08:17,760 Speaker 1: goals on that court and practice. That's how you made 146 00:08:17,760 --> 00:08:20,440 Speaker 1: your money. Did you understand that at the time when 147 00:08:20,440 --> 00:08:22,080 Speaker 1: you signed that contract, Troy. 148 00:08:23,160 --> 00:08:25,280 Speaker 2: You know what, I really didn't because at the time 149 00:08:25,320 --> 00:08:28,880 Speaker 2: I signed it, I think I was twenty five years old, right, 150 00:08:29,680 --> 00:08:32,080 Speaker 2: and it was it was, it was. It was a 151 00:08:32,200 --> 00:08:35,160 Speaker 2: large amount of money at twenty five years old. And 152 00:08:35,200 --> 00:08:37,240 Speaker 2: when you when you when you're young, you think you're 153 00:08:37,240 --> 00:08:39,400 Speaker 2: gonna be doing something for the rest of your life. 154 00:08:39,440 --> 00:08:43,160 Speaker 2: You're not counting to your days. At twenty five, I'm like, hey, 155 00:08:43,360 --> 00:08:44,839 Speaker 2: i'ma be hooping for the rest of my life. And 156 00:08:44,960 --> 00:08:48,640 Speaker 2: not understanding that said that the needs are gonna go bad, 157 00:08:48,679 --> 00:08:51,240 Speaker 2: the hips are gonna go bad, ankles are gonna be shattered, 158 00:08:51,360 --> 00:08:55,880 Speaker 2: I'm not understanding that. So at that time, and like 159 00:08:55,920 --> 00:08:59,640 Speaker 2: I said, being the first generation rich, I didn't really 160 00:08:59,760 --> 00:09:05,040 Speaker 2: under stand that. You know that you have to really be, 161 00:09:05,280 --> 00:09:08,800 Speaker 2: you know, careful with their spending and you know, and 162 00:09:08,840 --> 00:09:12,200 Speaker 2: I was never an extravagant spender, but even to the 163 00:09:12,240 --> 00:09:17,640 Speaker 2: point where you have to really start taking money serious 164 00:09:18,080 --> 00:09:21,040 Speaker 2: at that point. And the hardest thing for us is 165 00:09:21,640 --> 00:09:24,320 Speaker 2: we're always playing. We always have to be on the court, 166 00:09:24,360 --> 00:09:26,360 Speaker 2: we always have to be in the gym, so you 167 00:09:26,440 --> 00:09:29,200 Speaker 2: almost have to rely on someone else to do that 168 00:09:29,360 --> 00:09:29,760 Speaker 2: for you. 169 00:09:30,320 --> 00:09:32,960 Speaker 1: Well, you know, let's let's talk about that, because let's 170 00:09:32,960 --> 00:09:36,160 Speaker 1: talk about your time. And people don't understand that when 171 00:09:36,200 --> 00:09:39,719 Speaker 1: you are fatigued and when you are rushed, and that's 172 00:09:39,720 --> 00:09:42,240 Speaker 1: what an athlete is. They're always fatigued, they have to play. 173 00:09:42,320 --> 00:09:44,839 Speaker 1: They always feel like they're rushing, rush Russian. You have 174 00:09:44,880 --> 00:09:48,000 Speaker 1: a general tendency out of boredom to spend money just 175 00:09:48,040 --> 00:09:51,319 Speaker 1: to keep your keep you active, can keep you focused. 176 00:09:51,400 --> 00:09:53,800 Speaker 1: You know, I knew I had that bad habit. You know, 177 00:09:54,160 --> 00:09:57,360 Speaker 1: I just buy shoes, buy shoes, just go buy something 178 00:09:57,360 --> 00:10:00,600 Speaker 1: that because I was just so fatigued. I'm not saying 179 00:10:00,640 --> 00:10:03,000 Speaker 1: I was an athlete, but I was always traveling. I 180 00:10:03,080 --> 00:10:06,240 Speaker 1: was always staying in a hotel bed. And so that's 181 00:10:06,280 --> 00:10:09,400 Speaker 1: what he's talking about. You know, you can you have 182 00:10:09,480 --> 00:10:11,560 Speaker 1: all this money, but you never have to go in 183 00:10:11,600 --> 00:10:14,880 Speaker 1: the grocery store and say how much that costs? And 184 00:10:14,920 --> 00:10:18,680 Speaker 1: that's that's not smart. You should always know how much 185 00:10:18,679 --> 00:10:22,280 Speaker 1: something costs. When you lose that context, that's when you're 186 00:10:22,280 --> 00:10:24,000 Speaker 1: spending too much money. Am I correct? 187 00:10:24,040 --> 00:10:27,760 Speaker 2: Troy? No, You're you're you're one hundred percent correct. Like 188 00:10:27,760 --> 00:10:29,440 Speaker 2: like you said, when you when you have a certain 189 00:10:29,440 --> 00:10:32,760 Speaker 2: amount of money, especially when you're young, right, you may 190 00:10:32,920 --> 00:10:35,120 Speaker 2: you may look at your grandmother and she she's clipping 191 00:10:35,160 --> 00:10:38,280 Speaker 2: off q pons because she probably was young at one 192 00:10:38,280 --> 00:10:40,000 Speaker 2: time and she probably was spending like that. But as 193 00:10:40,000 --> 00:10:42,400 Speaker 2: she got older and wiser, she's like, you know what, 194 00:10:42,480 --> 00:10:44,040 Speaker 2: I know, I got a lot of money, but why 195 00:10:44,080 --> 00:10:46,760 Speaker 2: not say this ten cents? Right? And you know, and 196 00:10:46,800 --> 00:10:48,400 Speaker 2: when you have a lot of money, you like, I 197 00:10:48,480 --> 00:10:50,480 Speaker 2: ain't thinking about ten cents. You know, I got thirty 198 00:10:50,520 --> 00:10:52,760 Speaker 2: six million, I go ahead and spend you know, a 199 00:10:52,800 --> 00:10:55,439 Speaker 2: dollar on some eggs rather than ninety cent, right, So 200 00:10:55,480 --> 00:10:58,200 Speaker 2: you're you're not really not looking at it in the 201 00:10:58,240 --> 00:10:59,800 Speaker 2: ways that you should be looking at as far as 202 00:10:59,880 --> 00:11:01,760 Speaker 2: longevity is concerned. Right. 203 00:11:01,920 --> 00:11:04,320 Speaker 1: You know, That's what I'm excited by bringing on the show. 204 00:11:04,360 --> 00:11:09,400 Speaker 1: Troy talking to Troy Hudson, former NBA star his book 205 00:11:09,480 --> 00:11:12,920 Speaker 1: First Generational Rich. Because as you go through that book, 206 00:11:13,440 --> 00:11:17,400 Speaker 1: his test chapters are simple before money, after money, family 207 00:11:17,440 --> 00:11:21,080 Speaker 1: and friends, my desires, their desires because it's just talking 208 00:11:21,120 --> 00:11:23,240 Speaker 1: about and it was about I think it was about 209 00:11:23,280 --> 00:11:27,680 Speaker 1: chapter five when it actually started talking about him his desires. Okay, 210 00:11:28,000 --> 00:11:31,000 Speaker 1: because let's talk about we kind of talked about before money. 211 00:11:31,040 --> 00:11:33,480 Speaker 1: You talked about where you grew up in southern Illinois, 212 00:11:33,800 --> 00:11:36,480 Speaker 1: traveling the world and then in two thousand and three, 213 00:11:36,640 --> 00:11:39,079 Speaker 1: you was making some checks. Now, but in two thousand 214 00:11:39,120 --> 00:11:43,160 Speaker 1: and three, when that thirty six million dollar contract came out, 215 00:11:43,480 --> 00:11:47,200 Speaker 1: your life had the change amongst your friends and your family. 216 00:11:47,240 --> 00:11:49,400 Speaker 1: Talk about that, Oh. 217 00:11:49,440 --> 00:11:52,240 Speaker 2: Yeah, definitely. In the book, I call the media locke 218 00:11:52,320 --> 00:11:56,040 Speaker 2: in right, right, that's when you know you signed that 219 00:11:56,120 --> 00:11:59,200 Speaker 2: contract and it's on ESPN. You can you can type 220 00:11:59,240 --> 00:12:01,840 Speaker 2: in Troy Hutson and all on the internet, and all 221 00:12:01,960 --> 00:12:05,679 Speaker 2: my finances and everything comes up, and they tell you 222 00:12:06,040 --> 00:12:08,640 Speaker 2: how much I'm making year one, year two, year three. 223 00:12:09,120 --> 00:12:11,800 Speaker 2: And what happens is a lot of people don't understand 224 00:12:11,920 --> 00:12:14,960 Speaker 2: that first and foremost, you're getting paid on the first 225 00:12:15,000 --> 00:12:18,959 Speaker 2: and fifteen. So that right there alone means you have 226 00:12:19,000 --> 00:12:21,880 Speaker 2: to budget, right, And whenever you're getting paid like that, 227 00:12:22,040 --> 00:12:24,440 Speaker 2: you have to budget. You have to budget anyway, But 228 00:12:24,440 --> 00:12:26,160 Speaker 2: when you getting paid like that, you have to budget. 229 00:12:26,200 --> 00:12:27,800 Speaker 2: They didn't just say, you know what, he go thirty 230 00:12:27,840 --> 00:12:29,880 Speaker 2: six million dollars, put it in the bank and now 231 00:12:29,960 --> 00:12:32,120 Speaker 2: you can just spend how you want to spend. Right. 232 00:12:32,240 --> 00:12:36,840 Speaker 2: So when money is coming like that, it's easier to 233 00:12:36,880 --> 00:12:42,520 Speaker 2: start giving away to people's requests. And when I say request, 234 00:12:42,920 --> 00:12:45,800 Speaker 2: I'm not talking Hey, can I ball fifty dollars I'm 235 00:12:45,800 --> 00:12:51,320 Speaker 2: talking about people were expecting fifty thousand, one hundred thousand. 236 00:12:52,280 --> 00:12:54,240 Speaker 2: Some were even said, you can give all of us 237 00:12:54,240 --> 00:12:57,240 Speaker 2: a million dollars, right, And it's like, I don't even 238 00:12:57,240 --> 00:12:58,719 Speaker 2: have a million dollars in the bank account right now, 239 00:12:58,840 --> 00:13:03,520 Speaker 2: you know. So people wasn't understanding that, and so right then, 240 00:13:03,640 --> 00:13:08,120 Speaker 2: that's when my life drastically started changing. And not because 241 00:13:09,160 --> 00:13:12,280 Speaker 2: of any dwelling of money or whatever. It was the 242 00:13:12,360 --> 00:13:16,280 Speaker 2: relationships I had, you know, the relationships that I had 243 00:13:16,320 --> 00:13:19,240 Speaker 2: with family and friends that had been unconditional because I 244 00:13:19,240 --> 00:13:21,559 Speaker 2: didn't have anything to give them, right, so they were 245 00:13:21,600 --> 00:13:25,400 Speaker 2: always unconditional. And the moment when you're twenty five years 246 00:13:25,400 --> 00:13:29,679 Speaker 2: old and maybe a year or two start goes away 247 00:13:29,840 --> 00:13:33,599 Speaker 2: and you start realizing white people around and whether it 248 00:13:33,720 --> 00:13:36,720 Speaker 2: was some conscious on their part or knowingly, and I 249 00:13:36,760 --> 00:13:38,839 Speaker 2: believe it was some conscious in most cases. I mean, 250 00:13:39,160 --> 00:13:42,360 Speaker 2: I'm the only person with money money, so I think 251 00:13:42,400 --> 00:13:43,640 Speaker 2: it was some conscious. 252 00:13:44,520 --> 00:13:46,840 Speaker 1: An your bedroom, people just standing around your bed. 253 00:13:50,760 --> 00:13:54,079 Speaker 2: Exactly. And when you're twenty five years old and you're 254 00:13:54,080 --> 00:13:57,000 Speaker 2: trying to navigate this thing called life and wealth with 255 00:13:57,320 --> 00:14:01,000 Speaker 2: no people that you really think that are there conditionally. 256 00:14:01,960 --> 00:14:08,160 Speaker 2: That's where I think the hardship starts to happen. That's 257 00:14:08,200 --> 00:14:11,320 Speaker 2: when the initial hardship starts to happen, because now it's 258 00:14:11,480 --> 00:14:17,000 Speaker 2: mental first, it's mental before it becomes a financial physical hardship. 259 00:14:17,360 --> 00:14:20,640 Speaker 2: And when you start losing people for the sense of 260 00:14:20,800 --> 00:14:23,520 Speaker 2: you know, I went weeks without answering to anybody's phone 261 00:14:23,560 --> 00:14:27,160 Speaker 2: call because I got tired of you know. We'll talk 262 00:14:27,200 --> 00:14:29,400 Speaker 2: for about twenty thirty minutes and then at last two 263 00:14:29,440 --> 00:14:31,800 Speaker 2: minutes is you know what? I hate to say it, 264 00:14:32,160 --> 00:14:35,040 Speaker 2: I hate to ask you, but I'm like dank. So 265 00:14:35,160 --> 00:14:37,600 Speaker 2: this whole conversation was really a setup for the act. 266 00:14:38,440 --> 00:14:41,440 Speaker 2: And maybe it wasn't, but I start feeling that way. 267 00:14:41,920 --> 00:14:45,080 Speaker 3: Please don't go anywhere. We'll be right back with more 268 00:14:45,160 --> 00:14:54,480 Speaker 3: Money Making Conversations Masterclass. Welcome back to the Money Making 269 00:14:54,520 --> 00:14:59,680 Speaker 3: Conversations Masterclass hosted by Rashaan McDonald. Money Making Conversations master 270 00:14:59,680 --> 00:15:04,240 Speaker 3: Class US continues online at Moneymakingconversations dot com and follow 271 00:15:04,360 --> 00:15:08,760 Speaker 3: money Making Conversations Masterclass on Facebook, Twitter, and Instagram. 272 00:15:08,800 --> 00:15:13,520 Speaker 1: Now Troy and writing this book, you always talk about money, 273 00:15:13,600 --> 00:15:17,040 Speaker 1: and before we talk about the financial advisor, where are 274 00:15:17,800 --> 00:15:18,920 Speaker 1: what was your worst investment? 275 00:15:21,600 --> 00:15:26,080 Speaker 2: My My worst investment, I would say, was probably in 276 00:15:26,200 --> 00:15:32,720 Speaker 2: the music industry, creating a regulabel uh and and and 277 00:15:33,360 --> 00:15:37,160 Speaker 2: the bad part of that that investment was I use 278 00:15:37,240 --> 00:15:41,600 Speaker 2: my own money. You know, just as you get older, 279 00:15:41,720 --> 00:15:44,880 Speaker 2: you realize to use someone else's money, or thanks money, 280 00:15:45,000 --> 00:15:48,720 Speaker 2: or an investor. But I always, you know, I always 281 00:15:48,880 --> 00:15:52,600 Speaker 2: was just confident in myself to to the point where 282 00:15:52,800 --> 00:15:55,000 Speaker 2: you know, I wanted to, you know, go out on 283 00:15:55,040 --> 00:15:56,800 Speaker 2: the limb. I didn't want to have to prove anybody 284 00:15:56,800 --> 00:15:59,239 Speaker 2: that I could do something. So if I had the finances, 285 00:15:59,320 --> 00:16:01,280 Speaker 2: I say, you know what I'm gonna I'm gonna jump 286 00:16:01,360 --> 00:16:03,360 Speaker 2: out and I'm going to try to make it happen 287 00:16:03,400 --> 00:16:05,880 Speaker 2: on my own. So I would say that was probably 288 00:16:06,760 --> 00:16:11,680 Speaker 2: the worst investment. But and it's a it's a it 289 00:16:11,720 --> 00:16:13,840 Speaker 2: was a bad investment as far as in the sense 290 00:16:13,880 --> 00:16:16,520 Speaker 2: of finances and things of that nature. But I did 291 00:16:16,640 --> 00:16:19,520 Speaker 2: help a lot of people, and I invested in people 292 00:16:20,320 --> 00:16:24,200 Speaker 2: in that venture, so I got some gratification out of, 293 00:16:24,320 --> 00:16:27,640 Speaker 2: you know, seeing people smile and trying to help others 294 00:16:27,960 --> 00:16:31,120 Speaker 2: dreams come true. But as far as financially, that probably 295 00:16:31,160 --> 00:16:32,080 Speaker 2: was the worst one. 296 00:16:32,320 --> 00:16:34,680 Speaker 1: Let me ask you this on that whole music side, 297 00:16:34,720 --> 00:16:38,600 Speaker 1: because a lot of celebrities, a lot of especially athletes, 298 00:16:38,600 --> 00:16:42,600 Speaker 1: they want the nightclubs. You know, it feels like it's excitement, 299 00:16:42,680 --> 00:16:45,440 Speaker 1: quick money. It feels like they get caught up in 300 00:16:45,120 --> 00:16:47,600 Speaker 1: the videos, the what ifs. 301 00:16:47,640 --> 00:16:47,840 Speaker 2: You know. 302 00:16:48,000 --> 00:16:51,360 Speaker 1: The income seems like it can be made overnight versus 303 00:16:51,400 --> 00:16:53,800 Speaker 1: the stock market. You know, that's what I would say, 304 00:16:53,800 --> 00:16:57,000 Speaker 1: go over to the stock market versus investing in in 305 00:16:57,080 --> 00:16:59,880 Speaker 1: the music industry. Where was you at right there with 306 00:17:00,120 --> 00:17:03,200 Speaker 1: your financial advisor? Was a financial advisor in your life 307 00:17:03,240 --> 00:17:06,160 Speaker 1: at that time or you were turning to one. 308 00:17:07,680 --> 00:17:12,040 Speaker 2: Well, when I initially started to get into the music industry, 309 00:17:12,280 --> 00:17:16,119 Speaker 2: I didn't have a financial advice. But then when I 310 00:17:16,280 --> 00:17:20,879 Speaker 2: did get one, what we and he understood my dreams. 311 00:17:20,920 --> 00:17:23,000 Speaker 2: He understood my aspilations and my drive. 312 00:17:23,200 --> 00:17:23,360 Speaker 3: Right. 313 00:17:23,680 --> 00:17:26,800 Speaker 2: So even though you get a financial advisor, you still 314 00:17:26,840 --> 00:17:29,639 Speaker 2: got the last say, right. And I've always been the 315 00:17:29,640 --> 00:17:32,120 Speaker 2: type of guy like, no, I stealed this, I believe 316 00:17:32,160 --> 00:17:34,439 Speaker 2: in it, I'm gonna do it. So what he was 317 00:17:34,480 --> 00:17:37,000 Speaker 2: able to do was make sure that I did it 318 00:17:37,040 --> 00:17:41,440 Speaker 2: in a more wise way. So I actually built a studio. 319 00:17:42,080 --> 00:17:44,879 Speaker 2: In building the studio, I was able to, you know, 320 00:17:45,000 --> 00:17:48,840 Speaker 2: get certain of write offs. Then I was able to 321 00:17:49,160 --> 00:17:52,879 Speaker 2: lease the space out, and so I was able to, 322 00:17:53,080 --> 00:17:55,639 Speaker 2: you know, get some of that money back and at 323 00:17:55,640 --> 00:17:58,640 Speaker 2: the same time pursue my dream. We actually had two. 324 00:17:59,119 --> 00:18:01,159 Speaker 2: We had ones. I had studio. I would have the 325 00:18:01,160 --> 00:18:03,680 Speaker 2: blue side, and I had the green side. So my 326 00:18:03,800 --> 00:18:06,040 Speaker 2: green side was where I can make money, and that 327 00:18:06,200 --> 00:18:11,280 Speaker 2: was a different tax credit and benefit than my blue side. 328 00:18:11,359 --> 00:18:14,679 Speaker 2: So once I did get a financial advisor, I was 329 00:18:14,680 --> 00:18:17,080 Speaker 2: able to make, you know, sounding decisions. I still made 330 00:18:17,080 --> 00:18:19,760 Speaker 2: some decisions without him knowing, because that's what a young 331 00:18:20,800 --> 00:18:23,960 Speaker 2: a young person does, right. It wasn't smart, but I was, 332 00:18:24,000 --> 00:18:25,520 Speaker 2: you know, I would do some things because I knew 333 00:18:25,600 --> 00:18:27,800 Speaker 2: he would say, no, that's not wise, you shouldn't do that. 334 00:18:28,520 --> 00:18:30,320 Speaker 2: So those are some of the mistakes I made, even 335 00:18:30,359 --> 00:18:33,760 Speaker 2: after I got an advisor, sometimes not being. 336 00:18:33,520 --> 00:18:35,880 Speaker 1: Advised right when you when you were talking about first 337 00:18:35,880 --> 00:18:39,920 Speaker 1: generation rich your book, and you're talking about, like I said, 338 00:18:40,040 --> 00:18:44,600 Speaker 1: working wealthy physically, everything you do is your money is 339 00:18:44,600 --> 00:18:47,600 Speaker 1: tied to what you can do on the court. When 340 00:18:47,640 --> 00:18:51,640 Speaker 1: you make these mistakes, you don't have anybody to turn 341 00:18:51,680 --> 00:18:54,280 Speaker 1: to other than your fellow athlete. How does that work 342 00:18:54,320 --> 00:18:56,560 Speaker 1: itself out when you're dealing with a lot of more 343 00:18:56,600 --> 00:18:59,359 Speaker 1: young people a lot of young individuals in the NBA. 344 00:19:00,119 --> 00:19:03,399 Speaker 1: They are just like you, sometimes twenty twenty two, maybe 345 00:19:03,440 --> 00:19:05,560 Speaker 1: twenty six, maybe a year older than you at the time. 346 00:19:06,000 --> 00:19:09,480 Speaker 1: What do you How does that world that you co 347 00:19:09,640 --> 00:19:12,720 Speaker 1: mingle with deal with all that revenue? And do you 348 00:19:12,880 --> 00:19:16,040 Speaker 1: have mentors? 349 00:19:16,680 --> 00:19:19,040 Speaker 2: It's at that time, you really don't. You really don't 350 00:19:19,080 --> 00:19:23,280 Speaker 2: have mentors at that time. And there's something that should 351 00:19:23,320 --> 00:19:25,840 Speaker 2: have been implemented. And I'm not around the game as 352 00:19:25,920 --> 00:19:28,080 Speaker 2: much anymore on that side, so I don't know if 353 00:19:28,080 --> 00:19:32,199 Speaker 2: they're if they have that now. But one thing I 354 00:19:32,240 --> 00:19:36,040 Speaker 2: would say is everyone was doing the same thing when 355 00:19:36,040 --> 00:19:38,240 Speaker 2: I when I was playing in two thousand and three, 356 00:19:38,280 --> 00:19:41,639 Speaker 2: from ninety nine to probably two thousand and ten or whatever, 357 00:19:41,720 --> 00:19:44,399 Speaker 2: everyone was doing the same thing. You either had a 358 00:19:44,440 --> 00:19:48,359 Speaker 2: record label, you either had a studio, a production studio. 359 00:19:48,720 --> 00:19:52,720 Speaker 2: Everyone was doing the same thing. So we don't operate 360 00:19:52,960 --> 00:19:56,480 Speaker 2: in the way that the owners, right, the owners work together, 361 00:19:57,040 --> 00:20:00,199 Speaker 2: the athletes don't work together, right, you know? Do you 362 00:20:00,240 --> 00:20:04,600 Speaker 2: have enough influence and finances to where if we wanted 363 00:20:04,640 --> 00:20:08,320 Speaker 2: to create our own independent record label, we should have 364 00:20:08,320 --> 00:20:10,600 Speaker 2: did or distribution company, we should have did it all 365 00:20:10,640 --> 00:20:13,240 Speaker 2: together as a team. As a team means the friends 366 00:20:13,280 --> 00:20:16,960 Speaker 2: are the artists, right, but we don't. We all we 367 00:20:17,000 --> 00:20:21,120 Speaker 2: work independently. And we watched the owners, all thirty owners 368 00:20:21,160 --> 00:20:25,119 Speaker 2: work together to own the NBA, and so the athletes 369 00:20:25,200 --> 00:20:28,000 Speaker 2: don't do the same thing as the owners do. And 370 00:20:28,040 --> 00:20:31,720 Speaker 2: I think that's one one area that has to be 371 00:20:32,119 --> 00:20:34,960 Speaker 2: you know correct. Lebron does it in a way. You know, 372 00:20:35,000 --> 00:20:38,560 Speaker 2: he has his it called the Banana Boat Crew and 373 00:20:38,119 --> 00:20:40,520 Speaker 2: they're kind of paving a way to show you how 374 00:20:40,520 --> 00:20:43,160 Speaker 2: to do it. But it's not collected. 375 00:20:43,080 --> 00:20:47,320 Speaker 1: Right, and that's important. Lebron has just a genius, is 376 00:20:47,359 --> 00:20:49,800 Speaker 1: how he outlined his life. Because he came into the 377 00:20:49,880 --> 00:20:53,040 Speaker 1: NBA with a plan and he's stuck to that plan. 378 00:20:53,119 --> 00:20:55,480 Speaker 1: That's why he's a billionaire. And most of his very 379 00:20:55,480 --> 00:20:57,880 Speaker 1: close friends who we sent to college by the way, 380 00:20:58,600 --> 00:21:02,040 Speaker 1: a million multi millionaire as as well, from Maverick to 381 00:21:02,160 --> 00:21:06,479 Speaker 1: Rich Paul. The most powerful basketball agent. Maverick, which is 382 00:21:06,480 --> 00:21:09,080 Speaker 1: his right hand man, handles all of his deals, just 383 00:21:09,119 --> 00:21:13,439 Speaker 1: signed another big deal to create a European basketball league. 384 00:21:13,840 --> 00:21:18,240 Speaker 1: And then you have incredible Magic Johnson excuse me, Lebron 385 00:21:18,320 --> 00:21:21,480 Speaker 1: James himself. But when I look at you in comparison 386 00:21:21,680 --> 00:21:23,680 Speaker 1: and you being able to have an honest book. Because 387 00:21:23,680 --> 00:21:26,160 Speaker 1: the book was honest and they talking about your journey 388 00:21:26,720 --> 00:21:33,040 Speaker 1: as being first generation rich by Troy Hudson. Compare yourself 389 00:21:33,080 --> 00:21:36,280 Speaker 1: to how you were living then and how you living now, 390 00:21:36,760 --> 00:21:40,080 Speaker 1: and what would you have done as a bridge between 391 00:21:40,359 --> 00:21:43,240 Speaker 1: back then two thousand and three and what you're living 392 00:21:43,280 --> 00:21:43,840 Speaker 1: at right now. 393 00:21:46,040 --> 00:21:50,080 Speaker 2: I probably would have. And it's tough to say it 394 00:21:50,119 --> 00:21:52,480 Speaker 2: because you don't know how that would have turned out, right, Yes, sir, 395 00:21:54,240 --> 00:21:56,919 Speaker 2: my thing is having a family, Like I'm married with 396 00:21:57,000 --> 00:22:00,199 Speaker 2: three kids now, what I didn't have a wife or 397 00:22:00,240 --> 00:22:02,240 Speaker 2: any kids at the time that I was making money. 398 00:22:02,640 --> 00:22:06,880 Speaker 2: I think you know that that kind of shields you 399 00:22:07,200 --> 00:22:11,359 Speaker 2: from making certain mistakes that you would make when you 400 00:22:11,520 --> 00:22:14,520 Speaker 2: have no kids or or wife or family to take 401 00:22:14,800 --> 00:22:17,200 Speaker 2: care of. In that sense, I think if I would 402 00:22:17,200 --> 00:22:20,919 Speaker 2: have had something like that in place, then I probably 403 00:22:20,920 --> 00:22:23,480 Speaker 2: would have made, you know, better decisions, you know, I'd 404 00:22:23,520 --> 00:22:27,960 Speaker 2: have made better decisions, more prodent decisions, things that can 405 00:22:28,119 --> 00:22:31,640 Speaker 2: can create generational wealth, because at that point I would 406 00:22:31,680 --> 00:22:35,359 Speaker 2: have had a generation to be thinking about. Right. But 407 00:22:35,400 --> 00:22:37,879 Speaker 2: when you're when you're alone and it's just you and 408 00:22:37,920 --> 00:22:40,640 Speaker 2: you're just young, and you're just running around, and that's 409 00:22:40,680 --> 00:22:44,919 Speaker 2: the thing for athletes and some entertainers. We get a 410 00:22:44,960 --> 00:22:47,719 Speaker 2: front load of money at a young age, right, and 411 00:22:47,760 --> 00:22:51,960 Speaker 2: so by the time we learn the things to do, 412 00:22:52,440 --> 00:22:54,720 Speaker 2: it's it's almost too late right now. 413 00:22:54,760 --> 00:22:57,840 Speaker 1: When you talk about the importance of this book and 414 00:22:57,880 --> 00:23:01,000 Speaker 1: why you wrote this book is a definitely I feel 415 00:23:01,040 --> 00:23:03,760 Speaker 1: a lot of the information is relatable. It was relatable 416 00:23:03,800 --> 00:23:06,520 Speaker 1: to me, whether I am successful or not, because he 417 00:23:06,640 --> 00:23:10,480 Speaker 1: talks to you about, you know, pressure and how family 418 00:23:11,000 --> 00:23:14,120 Speaker 1: exchanges and reacts to you based on your success. Your 419 00:23:14,119 --> 00:23:17,359 Speaker 1: success would be a college graduate they were in maybe 420 00:23:17,480 --> 00:23:19,919 Speaker 1: the first college graduate from your family, you're going to 421 00:23:19,920 --> 00:23:22,360 Speaker 1: get a different reaction, you know, the first one who 422 00:23:22,440 --> 00:23:24,960 Speaker 1: might work at a what they consider a high profile 423 00:23:25,119 --> 00:23:27,760 Speaker 1: job that you're going to get a different reaction. But 424 00:23:27,840 --> 00:23:31,399 Speaker 1: no matter once you moved up a different economic ladder. 425 00:23:31,640 --> 00:23:34,360 Speaker 1: That was my biggest take from the book. You're going 426 00:23:34,400 --> 00:23:36,200 Speaker 1: to be treated differently. Is that correct? 427 00:23:36,200 --> 00:23:40,600 Speaker 2: Try? Oh, that's definitely correct. And that's the reason why 428 00:23:40,600 --> 00:23:44,040 Speaker 2: I wrote the book. And it's funny because you know, 429 00:23:44,119 --> 00:23:47,800 Speaker 2: I was going through so many pressures, so many relationships 430 00:23:47,840 --> 00:23:52,080 Speaker 2: family and friends that were going sour because of you 431 00:23:52,080 --> 00:23:54,679 Speaker 2: know me at certain points saying no, I can't do this. 432 00:23:54,840 --> 00:23:57,000 Speaker 2: I can't you know, loan you this. I can't give 433 00:23:57,000 --> 00:24:01,040 Speaker 2: you this. You know that it started. It started putting pressure, 434 00:24:01,200 --> 00:24:03,760 Speaker 2: you know, on my life because you know, I really 435 00:24:03,800 --> 00:24:06,160 Speaker 2: want to see people be successful. I really don't want 436 00:24:06,160 --> 00:24:10,200 Speaker 2: to see people struggling and stuffering. But I'm only one person. 437 00:24:10,240 --> 00:24:13,760 Speaker 2: I can't save everyone. So with me having a heart 438 00:24:13,800 --> 00:24:16,399 Speaker 2: that I have, he used to wear on me. So 439 00:24:16,440 --> 00:24:19,639 Speaker 2: what I would start doing is I would start just writing, 440 00:24:19,720 --> 00:24:21,960 Speaker 2: jotting it down in my BlackBerry. I was just starting 441 00:24:21,960 --> 00:24:24,119 Speaker 2: to drive it down my BlackBerry and one of my 442 00:24:24,200 --> 00:24:27,120 Speaker 2: teammates who used to sit next to me, he was like, man, 443 00:24:27,359 --> 00:24:29,600 Speaker 2: what you writing there, BlackBerry? And you're writing rhymes because 444 00:24:29,600 --> 00:24:31,879 Speaker 2: he knew I used to write rhymes, right. So I 445 00:24:31,960 --> 00:24:34,439 Speaker 2: was like, no, man, I'm going through it with my 446 00:24:34,560 --> 00:24:37,960 Speaker 2: you know, with a family member. And he like's real 447 00:24:38,280 --> 00:24:40,280 Speaker 2: and I'm like, yeah, man, can you believe it? Man? 448 00:24:40,320 --> 00:24:42,639 Speaker 2: He said this, He said that. He was like, brother, 449 00:24:43,080 --> 00:24:45,600 Speaker 2: I'm going through the same thing. And then so I 450 00:24:45,640 --> 00:24:48,119 Speaker 2: started talking to some of my other teammates and people 451 00:24:48,160 --> 00:24:50,199 Speaker 2: were going through the same thing, and I said, you 452 00:24:50,240 --> 00:24:53,159 Speaker 2: know what, this has to be documented. It has to 453 00:24:53,200 --> 00:24:56,200 Speaker 2: be written down because I want people to know that 454 00:24:56,320 --> 00:24:58,800 Speaker 2: they're not, you know, the only ones going through this. 455 00:24:59,400 --> 00:25:01,320 Speaker 2: And also I want to write the book so that 456 00:25:02,440 --> 00:25:06,440 Speaker 2: future family members, future athletes or entertainers, or just lawyers 457 00:25:06,440 --> 00:25:09,000 Speaker 2: and doctors who would be the first generation rich people 458 00:25:09,040 --> 00:25:11,280 Speaker 2: in their family. I want this to be kind of 459 00:25:11,320 --> 00:25:14,000 Speaker 2: a guide to say, you know what this is, what 460 00:25:14,359 --> 00:25:16,600 Speaker 2: this is, what this causes, this is what this person 461 00:25:16,600 --> 00:25:20,280 Speaker 2: may be going through, so that they won't subconsciously, you know, 462 00:25:20,920 --> 00:25:23,360 Speaker 2: put them through that. You know, so it's it's it's 463 00:25:23,400 --> 00:25:25,560 Speaker 2: one of those things that you know, I really want 464 00:25:25,560 --> 00:25:30,359 Speaker 2: to say people's family and fan relationships because it's it's 465 00:25:30,400 --> 00:25:32,919 Speaker 2: lonely at the top at certain times in your life 466 00:25:33,280 --> 00:25:37,000 Speaker 2: and when you're not, you know, getting along with family 467 00:25:37,000 --> 00:25:39,400 Speaker 2: members and friends the way you used to as a kid. 468 00:25:40,200 --> 00:25:44,880 Speaker 2: It's I consider the generational curse. You know, it's one 469 00:25:44,880 --> 00:25:45,640 Speaker 2: of those things. 470 00:25:46,240 --> 00:25:47,320 Speaker 1: How can we find this book? 471 00:25:49,000 --> 00:25:52,080 Speaker 2: You can go to Amazon dot com First Generation Rich 472 00:25:53,359 --> 00:25:56,440 Speaker 2: and under Troy E. Hudson. And then I also have 473 00:25:56,600 --> 00:26:03,040 Speaker 2: a website first the number one st G Rich dot 474 00:26:03,080 --> 00:26:05,840 Speaker 2: com and you can get it on there as well. 475 00:26:06,000 --> 00:26:08,440 Speaker 2: And you know, we'll have an address on there where 476 00:26:08,800 --> 00:26:11,040 Speaker 2: you can mail in copies and I'll sign them and 477 00:26:11,080 --> 00:26:14,600 Speaker 2: mail them back to you, but yeah, it's on the 478 00:26:14,680 --> 00:26:17,040 Speaker 2: Kendle Amazon Network. 479 00:26:17,280 --> 00:26:19,639 Speaker 1: Hey, my man, T Hood, thank you for calling in 480 00:26:19,680 --> 00:26:24,320 Speaker 1: on my show money Making Conversation. Very very excellent conversation 481 00:26:24,440 --> 00:26:27,280 Speaker 1: about your life experiences that you've shared on my show. 482 00:26:27,440 --> 00:26:29,800 Speaker 1: And I wish you, wish you a tremendous amount of 483 00:26:29,800 --> 00:26:31,800 Speaker 1: success in the future and good luck. Thank you for 484 00:26:31,800 --> 00:26:33,800 Speaker 1: coming on Money Making Conversation Mastic Class. 485 00:26:34,359 --> 00:26:34,439 Speaker 3: All. 486 00:26:34,440 --> 00:26:35,800 Speaker 2: I appreciate you, Thank you. 487 00:26:35,680 --> 00:26:37,800 Speaker 1: Thank you to your hood. This has been another edition 488 00:26:37,840 --> 00:26:41,840 Speaker 1: of Money Making Conversation Masterclass posted by me Rashaun McDonald. 489 00:26:42,040 --> 00:26:44,000 Speaker 1: Thank you to our guests on the show today and 490 00:26:44,119 --> 00:26:46,879 Speaker 1: thank you listening to audience now. If you want to 491 00:26:46,880 --> 00:26:49,000 Speaker 1: listen to any episode I want to be a guest 492 00:26:49,040 --> 00:26:52,879 Speaker 1: on the show, visit Moneymaking Conversations dot com. Our social 493 00:26:52,960 --> 00:26:56,520 Speaker 1: media handle is money Making Conversation. Join us next week 494 00:26:56,560 --> 00:26:59,480 Speaker 1: and remember to always leave with your gifts, keep winning. 495 00:27:01,119 --> 00:27:06,119 Speaker 2: Plan more to be p