WEBVTT - How To Make Money Podcasting: Monetization Secrets from Pour Minds & Earn Your Leisure

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<v Speaker 1>This episode is brought to you by P and C Bank.

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<v Speaker 1>A lot of people think podcasts about work are boring,

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<v Speaker 2>How do podcasts make money? Like you guys have a

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<v Speaker 2>successful podcast? How did they always wanted that? I never

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<v Speaker 2>really knew how?

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<v Speaker 3>Oh you know.

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<v Speaker 4>Kind of podcast newcomings? This is?

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<v Speaker 3>This is so, you know, we gotta.

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<v Speaker 4>Let the people now.

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<v Speaker 3>So, I mean, we make money a few different ways.

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<v Speaker 3>We make money obviously from ad revenue. We make money

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<v Speaker 3>from streams on YouTube. We also have a Patreon. We

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<v Speaker 3>make money with Patreon. We used to sell merch, but

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<v Speaker 3>we don't really sell merch as much anymore. But they

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<v Speaker 3>used to be a stream of income that we had

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<v Speaker 3>and I'm trying to think of my live shows.

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<v Speaker 4>Live shows, but we haven't toured in like two years.

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<v Speaker 3>Yeah, like hosting events, like do you have products? I

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<v Speaker 3>have a cosmetics business, but we don't have anything with

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<v Speaker 3>Poor Mindes together currently.

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<v Speaker 4>But we used to sell hoodies and rap tea.

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<v Speaker 3>We have like the little wine stoppers and stuff like that,

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<v Speaker 3>Like we really like ramp up, like the merch stuff

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<v Speaker 3>whenever we're touring and things like that. But like she said,

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<v Speaker 3>those like our main sources of income. And we did

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<v Speaker 3>an e book as well, ye cause I mean we

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<v Speaker 3>get so many questions of like, oh, how do I

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<v Speaker 3>star the podcasts? What do I need? But it wasn't

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<v Speaker 3>just like the typical even like okay, get a camera.

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<v Speaker 3>It was like I was legit giving actual websites that

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<v Speaker 3>we used. I want to make some ad revenue. You

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<v Speaker 3>can sign your podcast up with this audio this source.

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<v Speaker 3>So I did the course too, so you can actually

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<v Speaker 3>get the bundle. Like if you're somebody who's more of

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<v Speaker 3>a visual learner, you can watch the course, or if

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<v Speaker 3>you know somebody that need to look at a book,

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<v Speaker 3>we have the Yeah, and then we stepped, like I said,

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<v Speaker 3>we stepped into the hosting space. We did, you know,

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<v Speaker 3>we did the Festivalence Festival, we did so, yeah, BT Awards,

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<v Speaker 3>ET Awards. Yeah, we did the Media House last year.

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<v Speaker 3>So I think, like I said, when you're getting into podcasting,

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<v Speaker 3>the actual show you can make a lot of revenue from.

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<v Speaker 3>But the outside things that you do outside of just

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<v Speaker 3>sitting on the couch and being in front of the

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<v Speaker 3>mic is like so.

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<v Speaker 2>It's using your influence to get money from absolutely.

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<v Speaker 3>I mean even now we get money from faith book, Tiktie.

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<v Speaker 3>It's like a lot of stuff.

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<v Speaker 4>That's what I was forgetting social media plays.

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<v Speaker 1>There's a ticket going on on the streams, y'all just

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<v Speaker 1>name it's about We're about eleven. Yeah, it's moltiple. Streams

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<v Speaker 1>is important in the ad space, I know, like when

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<v Speaker 1>people are starting the podcast, that's very important, right. It's

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<v Speaker 1>probably one of the first sources of income you're going

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<v Speaker 1>to have based on your topic. Do you guys ever

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<v Speaker 1>feel limited, right, because there's only sometimes there's only a

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<v Speaker 1>certain level or a certain category of ad client that's

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<v Speaker 1>looking to put things on your show, right, Whereas if

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<v Speaker 1>you have more of a broad based topic, it leaves

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<v Speaker 1>it open for a lot more categories. Have you guys

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<v Speaker 1>ever felt that way when it comes to the ad spends.

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<v Speaker 3>You know what? No, not really to be honest, like,

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<v Speaker 3>I feel like a lot of different companies want to

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<v Speaker 3>work with us, Like we never really had that issue,

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<v Speaker 3>but we do know some people in the podcast in

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<v Speaker 3>space that have told us that they've had that issue

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<v Speaker 3>because they may have like a six base podcast.

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<v Speaker 4>But we've never really had that.

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<v Speaker 3>I mean sometimes we get as I'm like, they want.

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<v Speaker 4>To work with up, you don't be the mouse and

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<v Speaker 4>random so.

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<v Speaker 3>Yeah, like manscaping like all that stuff, like it'll be

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<v Speaker 3>like but it works, Like if they renew the contract,

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<v Speaker 3>I'm like, oh, y'all must be clicking blue Choo and

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<v Speaker 3>I'm like, do men really watch the show? Women are

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<v Speaker 3>buying it for their men?

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<v Speaker 2>Yeah, I don't think y'all will be limited because you're not,

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<v Speaker 2>like you said, you're not a sex based podcast.

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<v Speaker 3>Like we have a segment, but it's not the whole

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<v Speaker 3>entire show, you know. I think people think that sometimes

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<v Speaker 3>just because of the clips that are cut from the

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<v Speaker 3>show be like the six topic. So then before people

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<v Speaker 3>actually come and watch the show, I think they assume

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<v Speaker 3>that it's a six man.

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<v Speaker 1>Yeah, or it's a female based show men not be

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<v Speaker 1>big watching, but that could actually be the opposite, right,

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<v Speaker 1>And I.

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<v Speaker 3>Think it's really crazy with these ad companies as well, because,

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<v Speaker 3>like you said, you just never know what we're gonna

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<v Speaker 3>get or what people want to work with us, because honestly,

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<v Speaker 3>being that we're so heavily with the women crowd, we

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<v Speaker 3>don't get a lot of beauty as like a lot

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<v Speaker 3>like makeup stuff like hair stuff. We really don't get

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<v Speaker 3>a lot of stuff like that. We have one fashion

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<v Speaker 3>company where like you could you know, have like a

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<v Speaker 3>subscription service to get closed like one time, but most

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<v Speaker 3>of the stuff is really.

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<v Speaker 4>Like food, food stuff, mental health.

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<v Speaker 3>Mental health stuff, stuff like that, you know what I mean.

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<v Speaker 2>So, how have you guys been able to build your

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<v Speaker 2>community because you got like a loyal fan base, supporters,

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<v Speaker 2>you have a name for them, right, poor crew, poor

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<v Speaker 2>oh you are So how a lot of people create content,

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<v Speaker 2>but then everybody doesn't have like a community. So like,

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<v Speaker 2>what's some of the ways that you've actually been able

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<v Speaker 2>to cultivate and keep that community together.

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<v Speaker 3>I feel like one of the major ways, and we

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<v Speaker 3>always say these one of the major ways that we've

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<v Speaker 3>been able to build such a large community. Is that

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<v Speaker 3>for the first few years that we started doing Poor Minds,

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<v Speaker 3>we never had guests on the show because we always

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<v Speaker 3>wanted to make sure we were building a fan base

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<v Speaker 3>of people who wanted to see us every week. I

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<v Speaker 3>feel like a lot of the time, when people start

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<v Speaker 3>off having huge guests on their show weekly, when you

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<v Speaker 3>don't the week that you don't have a guess, the

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<v Speaker 3>viewership falls off. So we wanted to make sure we

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<v Speaker 3>were cultivating a space in a community of people that

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<v Speaker 3>no matter who we had on the show, they're still

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<v Speaker 3>gonna watch.

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<v Speaker 4>So I feel like that was a major key.

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<v Speaker 3>And another major one is we talk to our listeners

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<v Speaker 3>like everybody acts like they too good to take twenty

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<v Speaker 3>thirty minutes and just respond to comment, you know, talk

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<v Speaker 3>back to people like I still do that. I engage

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<v Speaker 3>with my listeners because I just started a new channel

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<v Speaker 3>YouTube channel called love lex P, so I do like

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<v Speaker 3>hot topics on there, and I'm like, y'all hashtag love

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<v Speaker 3>lex P so we can talk about it together, you

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<v Speaker 3>know what I'm saying. I think the engagement of feeling like,

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<v Speaker 3>you know what lex Andrea cool. I can talk to

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<v Speaker 3>them if I tweet four minds they gonna tweet me back.

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<v Speaker 3>So I think it's like not feeling like you are

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<v Speaker 3>a celebrity, you know what I'm saying, and really engaging

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<v Speaker 3>with your audience helps a lot.

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<v Speaker 4>We do that with.

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<v Speaker 3>Travele Queens too. We live tweet every week. Yeah, Twitter,

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<v Speaker 3>and when Trouble Queens is on.

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<v Speaker 1>Yeah. I was wondering right that that community that you built,

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<v Speaker 1>it obviously helps when Travel Queens is about the debut

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<v Speaker 1>and people are supporting it. But when you guys at

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<v Speaker 1>the debut for it, there was just like an overwhelming

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<v Speaker 1>set and some emotion that I watched for y'all, I

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<v Speaker 1>was like, this is interesting, talk about what that felt

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<v Speaker 1>like in that moment to watch yourself on a big

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<v Speaker 1>screen in your fancy and family there with you.

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<v Speaker 3>That was the first time we watched the episode, and

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<v Speaker 3>I think like in that moment, it really just kind

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<v Speaker 3>of like hit me and I'm like, looking at her,

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<v Speaker 3>I'm like, we really did that, because even while we

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<v Speaker 3>were filming, it was like we were working and it did.

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<v Speaker 3>I think in that moment it hit us because honestly,

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<v Speaker 3>getting the party to the premiere party together, getting ready

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<v Speaker 3>for everything, finding outfits and just hair and makeup all

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<v Speaker 3>this stuff. We didn't really get to sit. So in

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<v Speaker 3>that moment, I was like, Oh my gosh, like we

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<v Speaker 3>really have a TV show.

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<v Speaker 1>You was bo yeah together.

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<v Speaker 4>I was trying.

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<v Speaker 3>But honestly, I feel like it hit me at that

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<v Speaker 3>moment as well, because when we were filming the show,

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<v Speaker 3>I definitely felt like, oh my god, We're about to

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<v Speaker 3>have a TV show. But that day, all of our

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<v Speaker 3>friends being present, all of our family being present, seeing

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<v Speaker 3>it on the big screen at the menu, I was

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<v Speaker 3>just like wow, because we didn't know how it was

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<v Speaker 3>gonna look. Idn't know it was gonna look like a

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<v Speaker 3>little toob boot league. We didn't know what it was

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<v Speaker 3>going to look like. And I'm like, oh, they got

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<v Speaker 3>us looking really now, you know what I'm saying, Looking

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<v Speaker 3>like nor yeah.

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<v Speaker 5>An illegal alien from Guatemala charged with raping a child

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<v Speaker 5>in Massachusetts. An MS thirteen gang member from Al Salvador

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<v Speaker 5>accused of murdering a Texas man of Venezuelan charged with

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<v Speaker 5>filming and selling child pornography in Michigan. These are just

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<v Speaker 5>some of the heinous migrant criminals caught because of President

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<v Speaker 5>Donald J.

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<v Speaker 4>Trump's leadership.

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<v Speaker 5>I'm Christy Noman, 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, and over one hundred thousand illegal

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<v Speaker 5>aliens have been arrested. If you were here illegally, your

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<v Speaker 5>next you will be fine nearly one thousand dollars a day.

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<v Speaker 5>Imprisoned and deported you will never But if you register

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<v Speaker 5>using our CBP home app and leave now, you could

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<v Speaker 5>be allowed to return legally. Do what's right. Leave now.

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<v Speaker 5>Under President Trump, America's laws, border and families will be protected.

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<v Speaker 4>Sponsored by the United States Department of Homeland Security,