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Speaker 1: Welcome to my show. I'm Rashon McDonald, a host of

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Speaker 1: Money Making Conversations Masterclass, where we encourage people to stop

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Speaker 1: reading other people's success stories and start planning your own.

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Speaker 2: Now.

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Speaker 1: You don't want to miss an episode, so please take

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Speaker 1: a moment right now to follow or subscribe to Money

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Speaker 1: Making Conversations Masterclass.

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Speaker 3: It's free.

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Speaker 1: You can follow me on iHeartRadio, app, Spotify, Apple Podcasts,

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Speaker 1: or wherever you listen to your podcast. New Money Making

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Speaker 1: Conversations Masterclass episodes drop daily. I want to keep you

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Speaker 1: on alert because my guests provide tips on how you

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Speaker 1: can uplift your community, improve your financial planning, motivation, or

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Speaker 1: advice on how to be a successful entrepreneur. Now, let's

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Speaker 1: get this podcast started. My next guest is a Hall

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Speaker 1: of Fame speaker who has been named one of the

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Speaker 1: Outstanding five speakers in the world. He is the author

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Speaker 1: of several best selling books, including A Setback Is A

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Speaker 1: Setup for a Comeback, An Attitude of Excellence, and his

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Speaker 1: new book Rich Is Good, Wealthy is Better. I got

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Speaker 1: it right here, ladies and gentlemen, just finished reading it.

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Speaker 1: He specialized in helping people to turn their setbacks into

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Speaker 1: amazing comebacks and helping you grow your wealth by growing yourself.

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Speaker 1: Please welcome the Money Making Conversations Masterclass the one and

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Speaker 1: only Doctor Willie Jolly.

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Speaker 2: Thank you, my brother, Thank you so much.

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Speaker 4: You know I have only just a minute, only sixty

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Speaker 4: seconds in it for us to pun me. Can't refuse it.

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Speaker 4: I didn't seek it, I didn't choose it. But it's

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Speaker 4: up to me to use it. I must suffer if

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Speaker 4: I lose it, give a counterfive abuse it just a

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Speaker 4: tiny little minute, but our eternity is wrapped up in

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Speaker 4: and I'm grateful for this minute, this moment, this opportunity

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Speaker 4: to be with my guy, Brushan McDonald.

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Speaker 2: Thank you my brother.

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Speaker 1: First of all, you know I love him. I listened

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Speaker 1: to his show religiously on a serious.

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Speaker 3: Except I always text.

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Speaker 1: Him, I call him, say, man, just sometimes you have

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Speaker 1: to let brother, no, our friend know you listen by

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Speaker 1: dropping a little krumb about an episode you just heard,

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Speaker 1: and he goes right, And I love it.

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Speaker 3: Oh he does listen to my show.

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Speaker 4: They didn't curly just me so much when I get

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Speaker 4: those comments from you, Thank you man. You just don't

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Speaker 4: know how much I appreciate it, and I'm grateful.

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Speaker 2: I'm grateful, grateful.

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Speaker 1: Well, you know, I always like to get my audience

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Speaker 1: locked in, you know, don't want to lose them because

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Speaker 1: they want to listen real quick and see it's something

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Speaker 1: they want to hear.

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Speaker 3: Which is good? Is good? Wealthy is better? Rich is good?

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Speaker 1: I would say that one more time, wealthy is better

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Speaker 1: because the word rich and wealthy?

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Speaker 3: What is the difference there?

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Speaker 4: Right?

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Speaker 2: Thank you know what.

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Speaker 4: Let me tell you how this book came to be. I,

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Speaker 4: as you know, have been on Serious Exam Channel one

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Speaker 4: forty one now.

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Speaker 2: But I've been on Serious Exam.

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Speaker 4: I was first on the Power on one twenty six

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Speaker 4: and then I moved over to one twenty one thirteen

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Speaker 4: years ago. Because I've been on exem for twenty years.

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Speaker 4: And over those twenty years, I've had the honor of

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Speaker 4: interviewing some of the greatest wealth creators of our time,

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Speaker 4: people like Bill Marriott and David Rubinstein and David Stewart,

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Speaker 4: America's Wealthy as black Man, Bob Johnson, Johnson, tell Lee

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Speaker 4: Else's the found co founder of Netflix one after another,

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Speaker 4: Damon John John O'Brien, and over those years I was

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Speaker 4: inspired by them, but I didn't know the difference between

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Speaker 4: being rich and wealthy. Oh, I thought I knew, But

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Speaker 4: about four years ago that the proverbial light bulb went

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Speaker 4: off above my head and I said, oh my god,

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Speaker 4: I got it. Bob Johnson had tried to tell me,

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Speaker 4: but I didn't get it. I didn't capture it. But

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Speaker 4: finally it came to my brain, here's the difference. And

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Speaker 4: I said, well, maybe I'm the only one who doesn't

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Speaker 4: know the difference. Maybe I'm the outlier here. So I

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Speaker 4: went around the country when doing my speaking engagement to

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Speaker 4: corporations all my tours and ask people, Hey, what do

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Speaker 4: you say when I say the word rich? What do

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Speaker 4: you think? They immediate number one answer million dollars. You

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Speaker 4: got a million dollars, you're rich. Okay, great, Now if

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Speaker 4: rich is a million, what's wealthy? And they'll look up

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Speaker 4: in the air ponder for a minute and they say,

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Speaker 4: I guess it's five million, ten million, a billion. And

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Speaker 4: I realized other people didn't know either, okay, and said,

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Speaker 4: I said, if they don't know, how will they ever

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Speaker 4: hit it.

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Speaker 2: It's like this, sir rouchean.

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Speaker 4: If I gave you a rock and say hit the

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Speaker 4: closest wall to where you're sitting, you hit the rock

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Speaker 4: with the wall close to you.

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Speaker 2: Okay, got it.

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Speaker 4: Now let's say I say here's a rock again, but

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Speaker 4: this time, before you throw it, I wanted to put

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Speaker 4: you a blindfold over your eyes, turn you around until

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Speaker 4: you can't know which direction you're facing. Now do it again?

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Speaker 2: Well, can you do it?

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Speaker 4: No? It's hard to hit what you can't see, and

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Speaker 4: it's even harder to hit what you don't know. And

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Speaker 4: I realized most people did not know the difference between

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Speaker 4: being rich and wealthy, and I was one of them.

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Speaker 4: And I give you a quick story. I was in Cleveland,

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Speaker 4: Ohio a couple of weeks ago giving a speech, and

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Speaker 4: I was there with Ben Crump. On Friday night, we

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Speaker 4: did an event, then Saturday had another event, and Sunday.

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Speaker 2: Morning I spoke to church.

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Speaker 4: Well after Saturday afternoon, I went to a fancy restaurant

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Speaker 4: with the client who had brought me there, and we

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Speaker 4: were sitting there having this nice meal and one of

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Speaker 4: the star players from the Cleveland Browns football team, a

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Speaker 4: well known football player and a star in the league,

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Speaker 4: was walking by with his entourage. And he was walking

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Speaker 4: by and my client knew him, saying, Hey, come over,

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Speaker 4: I want you to meet doctor Jolly. So he comes

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Speaker 4: over with his fur coat and his jewelry around his

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Speaker 4: neck and his diamond bracelet on. He was looking really good.

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Speaker 4: I said, why that young man is balling and anyway,

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Speaker 4: he said. My client said to the football player, hey,

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Speaker 4: doctor Jolly teaches people how to be wealthy. And a

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Speaker 4: young man responded, I'm already wealthy, but I guess I

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Speaker 4: could learn some more ways about real wealth. And we

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Speaker 4: chatted for a minute. I gave him my card and

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Speaker 4: he and his entourage left. I know he prayed the bill,

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Speaker 4: by the way. Anyway, then left. I said to my client,

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Speaker 4: I said, you know what, I bet you that young

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Speaker 4: man thinks he's wealthy, but he's really rich. Now the

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Speaker 4: owner is wealthy. See that young man ran up and

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Speaker 4: down the field, he caught the ball. He was a

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Speaker 4: star in the field. He went to training camp, he

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Speaker 4: went through all the processes and he got a contract

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Speaker 4: and he got millions of dollars. He's rich, right, But

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Speaker 4: the owner didn't sweat. He didn't get on the field,

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Speaker 4: he didn't run up and there. He sipped his key

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Speaker 4: tea or coffee or soft drink. He ate some food

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Speaker 4: while the.

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Speaker 2: Game was going on.

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Speaker 4: But when the game was over, the young man went

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Speaker 4: home with millions, but the owner went home with billions.

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Speaker 4: And when that young man on the field stopped being

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Speaker 4: productive or gets hurt, he's going to be replaced with

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Speaker 4: another young man that the owner chooses. And so I realized,

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Speaker 4: we have to tell people the difference between being rich

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Speaker 4: and wealthy and helping them to grow. And so when

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Speaker 4: I called my friends, the billionaires and millionaires and said, hey,

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Speaker 4: here's my theory on the difference between being rich and wealthy?

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Speaker 4: Am I correct? They say absolutely, You're absolutely right. And

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Speaker 4: here's what you got to do.

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Speaker 3: Now.

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Speaker 4: Now that you know, and you've got the ability to

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Speaker 4: get the word out, you got television, radio, and you

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Speaker 4: can write books.

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Speaker 2: Put it in a book, and so I did.

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Speaker 4: The book is called Riches, Good, Wealthy is Better, and

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Speaker 4: people can go to Riches, Good, Wealthy is Better dot

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Speaker 4: com and read it and get free excerpts from the book.

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Speaker 4: It's in a phenomenal read. And let me say this

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Speaker 4: for the record, this book didn't come from me. It

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Speaker 4: came through me. And I get God to glory because

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Speaker 4: this is a book that's going to change our country.

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Speaker 2: Now let's talk.

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Speaker 3: About the book. A little bit more detailed.

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Speaker 1: You know, my mindset money mindset, because that's what you're

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Speaker 1: talking about. People can drive a car, people can live

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Speaker 1: in a house, and I call that working wealthy anyway.

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Speaker 3: Yes, if you start working, then your wealth goes away.

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Speaker 1: That's what you're saying is there's mailbox money and there

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Speaker 1: was working money. Yes, what you're trying to do is

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Speaker 1: transition people from the world money to the mailbox money.

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Speaker 2: Absolutely.

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Speaker 3: Well.

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Speaker 4: Well, there are two groups that this book is focused on, Rushan.

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Speaker 4: The first group are the people who want to be

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Speaker 4: wealthy but don't know how to get there, and they

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Speaker 4: can take these lessons I've learned from these wealth creators,

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Speaker 4: and look, I'm just teaching what I've been taught. So

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Speaker 4: the first is helping people get to wealth. But the

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Speaker 4: second group, Rushan, is where we are seeing the greatest

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Speaker 4: response is amazing. People are buying it. In volume eight

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Speaker 4: nine ten, one lady bought a box thirty copies. She said,

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Speaker 4: I want one for every child, every grandchild, every niece,

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Speaker 4: every nephew.

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Speaker 2: Here are the people who have worked.

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Speaker 4: Hard all their lives, scrimped, saved, sacrificed, done without so

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Speaker 4: they could create a nest egg and they're concerned that

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Speaker 4: their children will not take care of it and will

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Speaker 4: squander it. Or as one man said to me, he said,

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Speaker 4: doctor Jolly, my greatest fear is that my children will

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Speaker 4: not treat my money like I treated it, and they

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Speaker 4: will go through in months what it took decades and

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Speaker 4: decades and decades for me to grow.

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Speaker 2: I want help. This book is the answer.

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Speaker 4: I recommend every parent, everybody who has a nest eeakee

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Speaker 4: get copies of this for people who are in their family.

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Speaker 4: You asked about the mindset, as you said, and you've

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Speaker 4: read the book. I talk about the five money mindsets.

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Speaker 4: The lowest level is the one day mindset. That's the

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Speaker 4: person who stands on a corner with a cardboard box

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Speaker 4: every day saying, give me enough money for the day,

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Speaker 4: and they repeat that process every day. We've all seen them.

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Speaker 4: Then you got the thirty day mindset, which are the

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Speaker 4: people who are on fixed income, whether they're retirement, social security,

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Speaker 4: or in welfare, whatever it is that it comes in

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Speaker 4: thirty day payments and every month they are looking forward

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Speaker 4: to that next month. They think month, the month. Then

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Speaker 4: you get the one year mindset, people who think a

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Speaker 4: year to year did I make more money this year

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Speaker 4: than last year. Did I get a cost of living

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Speaker 4: raise this year? Then you get the decade mindset, which

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Speaker 4: is the mindset we typically see with athletes and entertainers.

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Speaker 4: A baseball player might get a ten year contract to

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Speaker 4: play baseball and for ten years, one hundred million.

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Speaker 2: Dollars, and he's bawling.

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Speaker 4: He got five Bentley's, four rolls, Royces to five homes Jet,

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Speaker 4: he's rolling, he balling, he got table savers when he

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Speaker 4: go to the club.

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Speaker 2: I mean, he got it all. But if he does

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Speaker 2: not renew.

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Speaker 4: That contract, or if he gets hurt and does not

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Speaker 4: modify his lifestyle, he's going to be broke. And that

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Speaker 4: is why over seventy percent of professional athletes are broke

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Speaker 4: five years after retirement. But then we got the wealth mindset.

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Speaker 4: And the wealth mindset is a mindset that says thinks generation,

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Speaker 4: the generation, the generation. You know, the Bible says that

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Speaker 4: a good man leaves an inheritance for his children's children's

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Speaker 4: great grandchildren. And so my goal in the book is

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Speaker 4: to get each level to go up one level, just

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Speaker 4: one level. The one day guy, it's too big a

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Speaker 4: jump for him to think generationally at this truth. But

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Speaker 4: if I can get him just to go up to

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Speaker 4: the thirty day, and if I can get to thirty

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Speaker 4: day people to get up to one year, and I

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Speaker 4: get to one year folks to get up to the

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Speaker 4: ten year, and I get to ten year folks to

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Speaker 4: get up to the generation, then I've done my job.

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Speaker 4: And so that's why I'm encouraging people to go to

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Speaker 4: riches good.

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Speaker 2: Wealthy is better.

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Speaker 4: Get copies of the book, read the excerpts we have there.

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Speaker 2: But we want to change people's mindset. And you hit

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Speaker 2: it right on the head. It's about a mindset. Wealth

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Speaker 2: starts in your mind, it stoughts in your mind.

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Speaker 1: But also because that creates the planning process. Yes, now

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Speaker 1: from a minority community.

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Speaker 3: You've heard it all the time.

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Speaker 1: You know we're the last to get different as, the

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Speaker 1: last to get hired, the first to get fired, and

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Speaker 1: first get laid off. That's a cycle, especially that one

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Speaker 1: day cycle or that thirty number two mindset, which is

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Speaker 1: the thirty day cycle.

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Speaker 3: Right, you live to check to check. Right.

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Speaker 1: With that being said, people will listening to the show.

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Speaker 1: Let's switch that over to the small business owner entrepreneurs. Yeah,

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Speaker 1: so they trying to survive beyond the thirty day cycle.

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Speaker 1: They trying to get to the year plan because they

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Speaker 1: got to project right. How do you look at them

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Speaker 1: when they come to you.

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Speaker 4: For advice, doctor Willie Jobs, you know, and as an

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Speaker 4: entrepreneur and as a guy who had has had a

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Speaker 4: small business with a small team, and they classify small

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Speaker 4: business less than five hundred people. And so I've had

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Speaker 4: a small business all my life. I got a small team.

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Speaker 4: But here's what I say to entrepreneurs and for those

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Speaker 4: who listen to me on my ex sum show, you

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Speaker 4: know that one of the focus areas is for the entrepreneurs,

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Speaker 4: entrepreneurs and small business people. And I encourage you to

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Speaker 4: tune in after you listen to ra Sean on his show,

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Speaker 4: tune in on Saturday's four o'clock Channel one forty one,

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Speaker 4: re airs Tuesdays and Thursdays at six pm, and then

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Speaker 4: it goes to podcast, the Willie Jolly Wealthy Ways Show podcast.

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Speaker 2: Now here's what I say to small business people.

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Speaker 4: The key to success in growing wealth is discipline. You

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Speaker 4: got to have discipline, and discipline is across all the

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Speaker 4: types of wealth. Cause there are five types of wealth

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Speaker 4: that I discussed in the book. First kind of wealth,

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Speaker 4: of course, is financial wealth. But the second kind of

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Speaker 4: wealth is health wealth. If you are sick, you cannot

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Speaker 4: enjoy the great revenues you're generating. It is said that

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Speaker 4: Steve Jobs on his deathbed said I'd give all the

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Speaker 4: money away for more time. And my friend Les Brown

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Speaker 4: says it like this, and I wrote it in the book.

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Speaker 4: He said, the sick person has one dream, while the

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Speaker 4: health healthy person has a thousand.

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Speaker 3: Three.

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Speaker 4: You want to be healthy, so your health wealth is

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Speaker 4: number two. Number three is relationship. Wealth is not just

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Speaker 4: where you're going, but who's going with you.

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Speaker 2: And that's big.

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Speaker 4: Then you got the fourth type of wealth, which you

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Speaker 4: are so powerful in uh Ra Sean in three and four,

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Speaker 4: particularly relationship because your relationships are incredible. But also your

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Speaker 4: reputational wealth, what people say about you in the marketplace.

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Speaker 4: And finally we call it now a brand, you know,

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Speaker 4: a personal brand, but it's really your reputation. And the

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Speaker 4: first type of wealth is your intellectual capital wealth. What

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Speaker 4: do you know and what are people willing to pay

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Speaker 4: you because of that? So it's about mindset. Wealth starts

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Speaker 4: in the mind and it starts with discipline. You must

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Speaker 4: have discipline to succeed in any of those wealth. If

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Speaker 4: you not help discipline about your health, if you just

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Speaker 4: eat everything you want and never work out and drink

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Speaker 4: all of time and more all the time, then you're

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Speaker 4: not going to be healthy.

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Speaker 2: So you got to have discipline. Please don't go anywhere.

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Speaker 1: We'll be right back with more money Making Conversations Masterclass. No,

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Speaker 1: I need for you to do me a favor right

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Speaker 1: now to follow or subscribe to money Making Conversation. It's

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Speaker 1: free and you can find it on the iHeartRadio app, Spotify,

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Speaker 1: Apple Podcasts, or wherever you get your podcasts. Please do

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Speaker 1: me that favor, follow or subscribe money Making Conversations. Welcome

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Speaker 1: back to Money Making Conversations Masterclass hosted by me Rashaun McDonald.

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Speaker 1: Money Making Conversation master Class continues online at Moneymaking Conversations

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Speaker 1: dot com and follow money Making Conversations Masterclass on Facebook,

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Speaker 1: X and Instagram.

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Speaker 4: But one more thing about the amount of money you make,

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Speaker 4: because many people say, well, it's about the amount of money. No, no, no,

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Speaker 4: It's about your discipline and what do you do with

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Speaker 4: the money. See regular folks work for the money. Wealthy

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Speaker 4: people make their money work for them.

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Speaker 2: I e.

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Speaker 4: In the book you read the book, I talk about

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Speaker 4: Mary Ellen Pleasant, who was a domestic worker in the

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Speaker 4: nineteen hundreds who never made more than six thousand dollars

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Speaker 4: a year cleaning people's homes. But she lived below her means,

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Speaker 4: and she invested the difference and as a result of that,

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Speaker 4: her net worth rose to two point seven million dollars.

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Speaker 4: She never made more than six thousand dollars a year. Oh,

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Speaker 4: how about the secretary back in the sixties early seventies,

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Speaker 4: before the internet, who the lawyers at her firm would

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Speaker 4: come and say, here's my stock by today. Placed this

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Speaker 4: with my broker. She would make the call and after

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Speaker 4: a while she said, I wonder why they're doing that.

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Speaker 4: So over lunch she would ask them, why are you

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Speaker 4: investing in stocks? Why are you doing that? How do

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Speaker 4: you do it?

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Speaker 2: They taught her.

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Speaker 4: Over lunch she started making the same stock pict sheet

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Speaker 4: that they made.

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Speaker 2: She never made more than forty five thousand dollars.

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Speaker 4: A year, but she started buying little bits of stock

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Speaker 4: like they did.

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Speaker 2: They might buy a hundred share, She buy one share.

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Speaker 4: When she retired she had a portfolio of eight million dollars.

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Speaker 4: And so I'm saying to this folks, rich is good

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Speaker 4: wealthy is better.

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Speaker 2: Now.

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Speaker 4: I gotta tell you, folks, here's some bad news. Everybody's

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Speaker 4: not gonna be rich. The Bible says that the poor

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Speaker 4: will be with you always. Everybody is not going to

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Speaker 4: be rich. But anybody, Oh let me say it again.

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Speaker 4: Anybody can become wealthy if you use these principles in

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Speaker 4: the book, because anybody can do what it says as

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Speaker 4: long as you got three thanks. Listen careful the book.

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Speaker 4: I tell you the three legs to wealth. One income,

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Speaker 4: you gotta have money coming in, some money. Two, you

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Speaker 4: got to live below your means, and then you invest

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Speaker 4: the difference. So you gotta have income, and then you

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Speaker 4: gotta have investments. And the third leg is insurance. You

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Speaker 4: got to protect the asset with insurance. So you gotta

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Speaker 4: have life insurance. If you love your family, you gotta

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Speaker 4: have life insurance. If you want generational wealth, you gotta

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Speaker 4: have life insurance. Number two, you gotta have health insurance.

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Speaker 4: You gotta have car insurance, disability insurance, and long term

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Speaker 4: care insurance. That will maintain the molt, the pit, the

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Speaker 4: force field around your wealth.

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Speaker 2: You do that, you're gonna be on your way.

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Speaker 4: And everybody needs to have that last everybody needs to

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Speaker 4: have at least two streams of income. And in the book,

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Speaker 4: I put the eight streams of income. You got to

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Speaker 4: have two streams of income. It could be thocks, could

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Speaker 4: be bonds, it could be real estate, it could be crypto,

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Speaker 4: it could be collectibles, it could be jewelry, it could

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Speaker 4: be paintings. There are eight streams that you could choose from.

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Speaker 4: Or like you are you creating content, Rashine, You're a

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Speaker 4: content creator. Everybody can do something with their brain, So

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Speaker 4: I think that's important. This book is packed with stuff

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Speaker 4: and I grew because of what I learned in writing

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Speaker 4: this book.

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Speaker 1: Absolutely, and that's why I got you on the show

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Speaker 1: because I'm speaking if you don't know one of the

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Speaker 1: five outstanding speakers in the world, as you can tell

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Speaker 1: you know. The thing about it was the one word

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Speaker 1: that you didn't bring up in this conversation is pride.

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Speaker 1: Come on, somebody, because when you say living be know

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Speaker 1: your means that message.

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Speaker 3: That means that with the plan in the words.

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Speaker 1: I always go back and tell my staff when I

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Speaker 1: was in my twenties, this guy would always tell me

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Speaker 1: white guy.

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Speaker 3: Yep. He would tell me, hey, just save one hundred

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Speaker 3: and fifty dollars a month.

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Speaker 1: In my mind, I could not understand what he was

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Speaker 1: talking about, because my pride went, Man, I could do

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Speaker 1: something with that one hundred and fifty dollars right clothes,

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Speaker 1: right right, I can, I can go on the trip.

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Speaker 3: Yeah, my pride was not allowed.

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Speaker 1: Me to invest that money. Now, twenty years later, I

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Speaker 1: understood what he was talking.

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Speaker 2: About, right right.

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Speaker 3: Pride is not part of my vocabulary or my lifestyle.

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Speaker 2: That's right.

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Speaker 1: That's they's talk about pride because that's what your own

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Speaker 1: book is about. Yep, Lauren applied the pride and then

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Speaker 1: uplifting the.

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Speaker 3: Intellect and the plane.

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Speaker 2: That's right. That's right.

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Speaker 4: In the book, I talk about Bust the stories who

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Speaker 4: you might have had on the store. He's on another

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Speaker 4: channel on XM. Buster dead friend, former pastor. He now

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Speaker 4: teaches people how to get out of debt and how

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Speaker 4: to grow their wealth. And Buster said, when he was

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Speaker 4: a young pastor, he had pride. He wanted to have

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Speaker 4: a Cadillac like the rest of the pastors. He wanted

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Speaker 4: to have fancy clothes. So he lived up to his

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Speaker 4: paycheck all the way, never saving any money. And he

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Speaker 4: said one day and he had to have clothes with

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Speaker 4: the designer label on it. He had to had to

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Speaker 4: have a certain kind of look and a certain kind

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Speaker 4: of clothes. And he said, once I realized that my

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Speaker 4: pride was killing my wealth, I had to let the

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Speaker 4: pride go so I could grab hold of the wealth.

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Speaker 4: And I think that's what we have to do. The

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Speaker 4: other thing that this book talks about is this thing

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Speaker 4: called arrogance.

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Speaker 2: Arrogance that I got the answers.

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Speaker 4: One of the things I've learned is I don't have

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Speaker 4: all the answers and I cannot be arrogant, nor do

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Speaker 4: you want to be ignorant. So if you can get

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Speaker 4: the book, input determined output, what you put in Charinges,

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Speaker 4: what you put out. But if you've got arrogance and ignorance,

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Speaker 4: you on your way down because no one can help you.

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Speaker 4: But as Les Brown says, he says, the arrogant and ignorant,

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Speaker 4: no one can help you.

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Speaker 2: But if you're willing to learn, no one can stop you.

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Speaker 4: And that's what we want people to know that we

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Speaker 4: want you to get this information this book.

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Speaker 2: Oh you know what, I'm so grateful. I was on

440
00:21:53,720 --> 00:21:54,800
Speaker 2: an interview just.

441
00:21:54,960 --> 00:21:59,560
Speaker 5: Yesterday and Riches good Wealthy is better Riches Good Wealthy

442
00:21:59,640 --> 00:22:07,080
Speaker 5: is he's communicating the values of information, consistency, the plan

443
00:22:08,240 --> 00:22:11,960
Speaker 5: Without any of that, then you will get confusion, frustration,

444
00:22:12,600 --> 00:22:16,359
Speaker 5: and debt age personal lift that that winds.

445
00:22:16,480 --> 00:22:20,720
Speaker 3: When that wins, when you're ignorant, that's winds. When you

446
00:22:20,760 --> 00:22:22,320
Speaker 3: have pride before you're planning.

447
00:22:22,480 --> 00:22:25,720
Speaker 2: That's right, right, right.

448
00:22:25,720 --> 00:22:27,160
Speaker 1: We try to get you out of debt and get

449
00:22:27,200 --> 00:22:30,040
Speaker 1: you in the planning. And the planning part is like

450
00:22:31,800 --> 00:22:35,000
Speaker 1: looking in the other yard, looking at driving the car,

451
00:22:35,960 --> 00:22:40,280
Speaker 1: wearing the clothes, going on social media, trying to post

452
00:22:41,000 --> 00:22:44,000
Speaker 1: because social media has become the biggest I think the

453
00:22:44,160 --> 00:22:48,680
Speaker 1: advocate of false pride, no questions to compete for images

454
00:22:48,720 --> 00:22:50,880
Speaker 1: that you don't know if are real or not. That's

455
00:22:51,160 --> 00:22:54,680
Speaker 1: in your book, Riches Good Wealthy is better. You talk

456
00:22:54,720 --> 00:22:58,800
Speaker 1: about overcoming the odds a lot in your book. Don't

457
00:22:58,840 --> 00:23:01,439
Speaker 1: let us set back hole you back, That's right. Why

458
00:23:01,480 --> 00:23:02,920
Speaker 1: don't you talk about that so much?

459
00:23:03,080 --> 00:23:10,080
Speaker 2: Well, because I'm a walking talking testament of failing. Okay, failing.

460
00:23:10,520 --> 00:23:12,320
Speaker 2: I was a nightclub singer.

461
00:23:12,359 --> 00:23:14,679
Speaker 4: For those who had never read my book, a Setback,

462
00:23:14,680 --> 00:23:17,399
Speaker 4: set up for comeback, I recommend you go to my

463
00:23:17,480 --> 00:23:21,680
Speaker 4: website win with Willy dot com. When with willy dot com.

464
00:23:21,840 --> 00:23:26,160
Speaker 4: Look for my products to help you win icon. Click

465
00:23:26,200 --> 00:23:28,119
Speaker 4: it and get the book or set back as a

466
00:23:28,160 --> 00:23:30,600
Speaker 4: setup for comeback. First couple pages in the book, I

467
00:23:30,640 --> 00:23:34,240
Speaker 4: tell my story where I was a nightclub singer, singing

468
00:23:34,280 --> 00:23:38,120
Speaker 4: in nightclubs, making a living, winning the awards Best Jazz Singer,

469
00:23:38,160 --> 00:23:41,960
Speaker 4: Best Entertainer, Best Performer in Washington, DC. We're not a

470
00:23:42,040 --> 00:23:44,680
Speaker 4: winning the nightclub. The club on the said, we love

471
00:23:44,760 --> 00:23:47,200
Speaker 4: your band, but we've made a change. There's something new

472
00:23:47,280 --> 00:23:50,720
Speaker 4: going around called carry yok. I said, what a walker?

473
00:23:50,960 --> 00:23:55,160
Speaker 4: They said, karaoke and it's a lot cheaper than a band.

474
00:23:55,320 --> 00:23:57,320
Speaker 4: We're gonna give that a shot for a while. And

475
00:23:57,359 --> 00:23:59,840
Speaker 4: I said, but what about my bills? I learned that

476
00:24:00,240 --> 00:24:03,040
Speaker 4: nobody care about your bills but you and the people

477
00:24:03,119 --> 00:24:03,560
Speaker 4: you owe.

478
00:24:03,600 --> 00:24:06,520
Speaker 2: Am I right about it? And so I said, what

479
00:24:06,560 --> 00:24:07,240
Speaker 2: am I going to do?

480
00:24:08,359 --> 00:24:11,480
Speaker 4: A friend of mine gave me a cassette tape with

481
00:24:12,280 --> 00:24:16,240
Speaker 4: a motivational messages and a book. The book was called

482
00:24:16,320 --> 00:24:19,400
Speaker 4: Think and Grow Rich. I never heard of motivational tape.

483
00:24:19,480 --> 00:24:21,960
Speaker 4: I never heard of a motivational message, and I never read

484
00:24:22,000 --> 00:24:24,320
Speaker 4: a book from cover to cover. Because see ra Sean,

485
00:24:24,400 --> 00:24:26,439
Speaker 4: I was half of the class in high school that

486
00:24:26,480 --> 00:24:33,280
Speaker 4: made the top half possible. Okay, So I read the

487
00:24:33,320 --> 00:24:35,600
Speaker 4: book and there's a premise in the book that says,

488
00:24:35,800 --> 00:24:39,600
Speaker 4: wherever there's an adversity, at that same place as a

489
00:24:39,640 --> 00:24:43,639
Speaker 4: seed for great opportunity. And I said, Okay, where's my opportunity.

490
00:24:43,760 --> 00:24:46,359
Speaker 4: The opportunity was working for the school system as a

491
00:24:46,440 --> 00:24:49,960
Speaker 4: drug prevention coordinator. I got this job talking to little kids,

492
00:24:50,040 --> 00:24:52,879
Speaker 4: little kids about stand away from drugs. From the little kids,

493
00:24:52,920 --> 00:24:55,080
Speaker 4: the teachers would say, oh, we want you to teach,

494
00:24:55,400 --> 00:24:57,600
Speaker 4: come talk for our group. And then someone they would say,

495
00:24:57,600 --> 00:24:59,560
Speaker 4: can you come to my church? And someone in the

496
00:24:59,640 --> 00:25:01,720
Speaker 4: church say, can you come to my company? And then

497
00:25:01,840 --> 00:25:04,280
Speaker 4: Les Brown heard about this guy who was a speaker

498
00:25:04,440 --> 00:25:07,200
Speaker 4: who could also sing, and he was looking for an

499
00:25:07,240 --> 00:25:10,359
Speaker 4: opening act for his music and motivation Dream Team tour,

500
00:25:10,840 --> 00:25:13,040
Speaker 4: and he invited me to be an opening act. The

501
00:25:13,160 --> 00:25:17,760
Speaker 4: tour was Les Brown, Billy Preston, the great organist, Gladys Knight,

502
00:25:18,240 --> 00:25:21,720
Speaker 4: and a little guy from DC Me. Because of Lesson, Gladys,

503
00:25:21,880 --> 00:25:24,399
Speaker 4: they introduced me to radio people and I got a

504
00:25:24,400 --> 00:25:27,680
Speaker 4: little radio show. It got syndicated. You can now hear

505
00:25:27,720 --> 00:25:31,040
Speaker 4: me across America every morning on Get Up Mornings with

506
00:25:31,240 --> 00:25:34,439
Speaker 4: Erica Campbell on the Praise Network and as the eight

507
00:25:34,560 --> 00:25:38,200
Speaker 4: twenty Every Morning. That led to XM, where I now

508
00:25:38,200 --> 00:25:40,400
Speaker 4: have been on for twenty years, have the number one

509
00:25:40,480 --> 00:25:43,360
Speaker 4: self Help to Grow Your Wealth show in America, And

510
00:25:43,400 --> 00:25:46,560
Speaker 4: then that led to a book publisher calling and saying,

511
00:25:46,760 --> 00:25:49,480
Speaker 4: I like your ideas. Have you ever thought about writing

512
00:25:49,480 --> 00:25:51,919
Speaker 4: a book? I said no, I never thought about it.

513
00:25:52,000 --> 00:25:54,440
Speaker 4: He said, let me make you an offer. I said,

514
00:25:54,480 --> 00:25:58,680
Speaker 4: I just thought about it. I wrote a book called

515
00:25:58,680 --> 00:26:01,480
Speaker 4: It Only Takes a Minute Changing Life, became a national bestseller.

516
00:26:01,640 --> 00:26:04,720
Speaker 4: Then a Setback is a setup for Comeback. Became a

517
00:26:04,840 --> 00:26:08,920
Speaker 4: global bestseller, then turned setbacks into greenbacks, then an Attitude

518
00:26:08,960 --> 00:26:11,960
Speaker 4: of Excellence, then Chicken Soup for the Soul, and then

519
00:26:12,240 --> 00:26:14,200
Speaker 4: make Love, make money and make it last. The book

520
00:26:14,240 --> 00:26:16,960
Speaker 4: I wrote with my wife. We've been married forty years.

521
00:26:17,000 --> 00:26:18,320
Speaker 4: You've we've been on your show here.

522
00:26:19,000 --> 00:26:19,560
Speaker 2: I haven't had it.

523
00:26:19,920 --> 00:26:20,959
Speaker 3: You know, I'll go bring it up.

524
00:26:21,000 --> 00:26:21,880
Speaker 2: You know, I know you were.

525
00:26:22,000 --> 00:26:22,680
Speaker 3: I know you were.

526
00:26:24,880 --> 00:26:28,680
Speaker 2: That's right, A right, ADZ, that's right.

527
00:26:29,280 --> 00:26:31,399
Speaker 4: And we haven't had an argument in thirty eight years

528
00:26:31,440 --> 00:26:33,240
Speaker 4: now that we wanted today show. They said you never

529
00:26:33,240 --> 00:26:34,800
Speaker 4: had an argument? I said no, I didn't say that.

530
00:26:34,960 --> 00:26:37,080
Speaker 4: I said, we haven't had an argument in thirty eight years.

531
00:26:37,200 --> 00:26:39,200
Speaker 4: Those first couple of years were like World War Three,

532
00:26:39,480 --> 00:26:41,800
Speaker 4: but we learned how to not argue. We put it

533
00:26:41,840 --> 00:26:44,240
Speaker 4: in a book and we also put it on our

534
00:26:44,359 --> 00:26:44,840
Speaker 4: ted talk.

535
00:26:44,880 --> 00:26:47,000
Speaker 2: You can get that at Jollymarriage dot com.

536
00:26:47,240 --> 00:26:49,879
Speaker 4: And then in nineteen ninety nine, I was named one

537
00:26:49,880 --> 00:26:51,679
Speaker 4: of the top five speakers in the world by Toast

538
00:26:51,680 --> 00:26:54,560
Speaker 4: Masters two thousand and five, Inducted in the Speaker Hall

539
00:26:54,600 --> 00:26:57,880
Speaker 4: of Fame in twenty thirteen, named the Top five Leadership

540
00:26:57,880 --> 00:27:01,840
Speaker 4: Speaker in twenty seventeen, a legend of the speaking industry.

541
00:27:01,880 --> 00:27:04,159
Speaker 4: And in twenty twenty three, I got the highest award

542
00:27:04,359 --> 00:27:07,399
Speaker 4: in the speaking industry, the Cabot Award, which is like

543
00:27:07,400 --> 00:27:10,359
Speaker 4: the Heisman, and I'm the first African American man to

544
00:27:10,400 --> 00:27:13,480
Speaker 4: get that award. And here's the lesson I say to everybody.

545
00:27:14,080 --> 00:27:20,199
Speaker 4: I failed, I've messed up, I've had setbacks, but I

546
00:27:20,240 --> 00:27:24,159
Speaker 4: want to encourage everybody who's listening that your setback is

547
00:27:24,200 --> 00:27:25,840
Speaker 4: not the end of the story, is not the end

548
00:27:25,840 --> 00:27:28,080
Speaker 4: of the road unless you choose it to be. A

549
00:27:28,160 --> 00:27:31,080
Speaker 4: setback is a setup for comeback. And I'm saying to

550
00:27:31,119 --> 00:27:34,159
Speaker 4: each and every one of you, listen carefully folks that

551
00:27:34,280 --> 00:27:37,399
Speaker 4: a setback is a setup for your greater comeback. You

552
00:27:37,480 --> 00:27:41,040
Speaker 4: just have to have the mindset So that answers your question, Rishan,

553
00:27:41,119 --> 00:27:46,480
Speaker 4: that it is about making a decision and not let.

554
00:27:46,320 --> 00:27:49,640
Speaker 2: Stuff stop you and not get down in the dumps.

555
00:27:49,800 --> 00:27:52,000
Speaker 4: And you and I both know we've both been through

556
00:27:52,200 --> 00:27:56,080
Speaker 4: some tough moments, some tough but we refuse to give up.

557
00:27:56,080 --> 00:27:57,280
Speaker 2: And that's why we're here today.

558
00:27:57,600 --> 00:28:00,719
Speaker 1: Finally, you know, as we wrap up this conversation, Willie Jolly,

559
00:28:01,000 --> 00:28:05,280
Speaker 1: if someone listening or watching can take one message from

560
00:28:05,359 --> 00:28:07,159
Speaker 1: riches good, Wealthy is better.

561
00:28:07,480 --> 00:28:09,000
Speaker 3: Yes, what would you want it to be?

562
00:28:09,880 --> 00:28:12,199
Speaker 4: I wanted to The main message I wanted to be

563
00:28:12,359 --> 00:28:17,239
Speaker 4: is that you are able to transform your life no

564
00:28:17,280 --> 00:28:20,360
Speaker 4: matter what your age, no matter what your income. I

565
00:28:20,400 --> 00:28:23,840
Speaker 4: interviewed a guy the other day, Reggie Irby, who was

566
00:28:23,880 --> 00:28:28,080
Speaker 4: a drug dealer and a drug addict in West Philadelphia.

567
00:28:28,760 --> 00:28:32,720
Speaker 4: He was able to get into the service. He went

568
00:28:32,800 --> 00:28:35,480
Speaker 4: in the Navy, He served his time in the Navy,

569
00:28:35,600 --> 00:28:39,280
Speaker 4: came out and worked for the fire department. He retired

570
00:28:39,320 --> 00:28:42,240
Speaker 4: from the fire department, and then he got another job.

571
00:28:42,280 --> 00:28:44,280
Speaker 4: He retired from the second job. And when he retired

572
00:28:44,280 --> 00:28:46,200
Speaker 4: the second time, since he already had a retirement from

573
00:28:46,200 --> 00:28:48,640
Speaker 4: the fire department. They gave him a pool of money

574
00:28:48,840 --> 00:28:50,720
Speaker 4: twelve thousand dollars.

575
00:28:50,440 --> 00:28:52,040
Speaker 2: And he said, well, I could go on a what

576
00:28:52,080 --> 00:28:52,840
Speaker 2: you said earlier.

577
00:28:52,920 --> 00:28:55,040
Speaker 4: I could go buy a car, or I could go

578
00:28:55,120 --> 00:28:57,960
Speaker 4: on a trip, or I could do a lot with

579
00:28:58,000 --> 00:29:01,200
Speaker 4: that money. But he decided to invest at sixty five

580
00:29:01,760 --> 00:29:04,840
Speaker 4: in the stock market, and he just kept putting a

581
00:29:04,840 --> 00:29:09,240
Speaker 4: little bit in every month. He's now seventy two, and

582
00:29:09,400 --> 00:29:14,000
Speaker 4: he said, I now have a portfolio of eight hundred

583
00:29:14,000 --> 00:29:17,480
Speaker 4: and ninety thousand dollars. What my message for people is

584
00:29:17,560 --> 00:29:20,520
Speaker 4: never too late to start. And as long as you start,

585
00:29:20,560 --> 00:29:24,560
Speaker 4: Look when is the best time to plan a tree

586
00:29:24,600 --> 00:29:27,640
Speaker 4: that takes eighty years to grow eighty years ago, when's

587
00:29:27,680 --> 00:29:32,320
Speaker 4: the second best time today? Do it now? Go to riches, good, wealthiest,

588
00:29:32,360 --> 00:29:35,080
Speaker 4: better get the book. Get it for all your children,

589
00:29:35,360 --> 00:29:39,240
Speaker 4: your grandchildren, people in your family. We're going to change

590
00:29:39,280 --> 00:29:43,480
Speaker 4: this wealth gap that we have an opportunity by information,

591
00:29:43,800 --> 00:29:46,200
Speaker 4: and that's my job. I want to thank my friend Rushan.

592
00:29:46,560 --> 00:29:47,920
Speaker 4: Now did you hear a shout out I gave you

593
00:29:48,000 --> 00:29:48,840
Speaker 4: on the radio a couple.

594
00:29:48,720 --> 00:29:49,360
Speaker 2: Of weeks ago.

595
00:29:51,440 --> 00:29:54,240
Speaker 3: You make me laugh all the time I go, because you.

596
00:29:54,160 --> 00:29:56,440
Speaker 1: Know I don't want it just been. I just love

597
00:29:56,520 --> 00:29:59,959
Speaker 1: being a background voice. Oh man, you and my people.

598
00:30:00,120 --> 00:30:03,200
Speaker 1: I'm felt grateful for you. Man, I am so grateful

599
00:30:03,400 --> 00:30:06,120
Speaker 1: for you and your friendship over the years. How you've

600
00:30:06,120 --> 00:30:08,200
Speaker 1: been in my corner and I just want to thank you.

601
00:30:08,560 --> 00:30:11,400
Speaker 1: We're good, rich is good, wealthy is better than one

602
00:30:11,440 --> 00:30:13,680
Speaker 1: and only doctor Willy Jolly. And when I come back

603
00:30:13,680 --> 00:30:17,360
Speaker 1: and interview him again, I gotta bring with you wife story.

604
00:30:17,600 --> 00:30:21,240
Speaker 1: Yeah you interviewed it from his house. The kitchen was

605
00:30:21,280 --> 00:30:24,680
Speaker 1: in the back. Yes, she's wonderful. She's just as gracious

606
00:30:24,720 --> 00:30:28,200
Speaker 1: as he is in providing information that will help you win.

607
00:30:28,440 --> 00:30:29,480
Speaker 3: Thank you, doctor Willy Jole.

608
00:30:29,600 --> 00:30:32,040
Speaker 4: Thank you, Sean and folks, thank you and everybody. Go

609
00:30:32,040 --> 00:30:33,880
Speaker 4: to Richard Good, Wealthy and Better dot com get some

610
00:30:33,920 --> 00:30:35,600
Speaker 4: of the free excerpt that's our gifted it.

611
00:30:35,840 --> 00:30:37,760
Speaker 3: Thank you for listening to this episode.

612
00:30:37,920 --> 00:30:39,560
Speaker 1: Now, I need for you to do me a favor

613
00:30:40,280 --> 00:30:43,680
Speaker 1: right now to follow or subscribe to Money Making Conversation.

614
00:30:44,000 --> 00:30:48,280
Speaker 1: It's free and you can find it on the iHeartRadio app, Spotify,

615
00:30:48,600 --> 00:30:52,440
Speaker 1: Apple Podcasts, or wherever you get your podcasts. Please do

616
00:30:52,520 --> 00:30:56,720
Speaker 1: me that favor, follow a subscribe Money Making Conversations.

617
00:30:57,120 --> 00:30:57,680
Speaker 3: Keep winning