1 00:00:00,040 --> 00:00:03,600 Speaker 1: An illegal alien from Guatemala charged with raping a child 2 00:00:03,680 --> 00:00:07,480 Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador 3 00:00:07,720 --> 00:00:11,840 Speaker 1: accused of murdering a Texas man of Venezuelan charged with 4 00:00:11,920 --> 00:00:15,840 Speaker 1: filming and selling child pornography in Michigan. These are just 5 00:00:15,920 --> 00:00:19,680 Speaker 1: some of the heinous migrant criminals caught because of President 6 00:00:19,720 --> 00:00:23,320 Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States 7 00:00:23,320 --> 00:00:28,120 Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border 8 00:00:28,160 --> 00:00:31,680 Speaker 1: crossings are at the lowest levels ever recorded, and over 9 00:00:31,760 --> 00:00:34,960 Speaker 1: one hundred thousand illegal aliens have been arrested. If you 10 00:00:35,040 --> 00:00:38,920 Speaker 1: are here illegally, your next you will be fined nearly 11 00:00:39,000 --> 00:00:43,000 Speaker 1: one thousand dollars a day, imprisoned, and deported. You will 12 00:00:43,040 --> 00:00:46,680 Speaker 1: never return. But if you register using our CBP home 13 00:00:46,720 --> 00:00:50,120 Speaker 1: app and leave now, you could be allowed to return legally. 14 00:00:50,479 --> 00:00:51,280 Speaker 1: Do what's right. 15 00:00:51,840 --> 00:00:52,720 Speaker 2: Leave now. 16 00:00:53,040 --> 00:00:57,840 Speaker 1: Under President Trump, America's laws, border and families will be protected. 17 00:00:57,920 --> 00:01:00,000 Speaker 3: Sponsored by the United States Department of Homeland Security. 18 00:01:00,920 --> 00:01:04,479 Speaker 4: All right, guys, welcome back earned a Lisia La edition. 19 00:01:04,720 --> 00:01:08,320 Speaker 4: We have a very we have a very very educational, 20 00:01:08,400 --> 00:01:10,760 Speaker 4: exciting episode. I'm looking forward to. I know you're gonna 21 00:01:10,840 --> 00:01:14,840 Speaker 4: learn a lot. We have for Zana Naani. 22 00:01:15,560 --> 00:01:16,039 Speaker 3: That was good. 23 00:01:19,880 --> 00:01:24,880 Speaker 4: Sorry I got nervous, cracked under pressure, cracked under pressure. 24 00:01:25,319 --> 00:01:27,800 Speaker 4: But no, this is very this is very going to 25 00:01:27,840 --> 00:01:31,080 Speaker 4: be an informative episode. So for people that don't know, 26 00:01:31,400 --> 00:01:34,640 Speaker 4: there's a lot of programs that for business owners. So 27 00:01:34,680 --> 00:01:36,560 Speaker 4: the thing of the think about this whole podcast is 28 00:01:36,560 --> 00:01:38,800 Speaker 4: to get people information, is to inform people, and we 29 00:01:38,880 --> 00:01:42,559 Speaker 4: inform people of all areas of finance, but especially business 30 00:01:42,560 --> 00:01:45,919 Speaker 4: owners and entrepreneurs. Right, So when we heard your story 31 00:01:46,040 --> 00:01:49,080 Speaker 4: and he was just educating us about how many programs 32 00:01:49,120 --> 00:01:52,720 Speaker 4: and opportunities there are for business owners, I'm like, okay, yeah, 33 00:01:52,760 --> 00:01:55,240 Speaker 4: we definitely we have to tell the people to enlighten them, 34 00:01:55,280 --> 00:01:57,200 Speaker 4: to educate them, and to really you know, give them 35 00:01:57,200 --> 00:02:00,120 Speaker 4: an idea of what's going on. So you are a 36 00:02:01,000 --> 00:02:05,040 Speaker 4: business coach, business consultant and you've worked with over four 37 00:02:05,120 --> 00:02:07,720 Speaker 4: hundred businesses in the last six years, all the way 38 00:02:07,760 --> 00:02:10,200 Speaker 4: from small businesses to fortune five hundred companies. 39 00:02:10,240 --> 00:02:10,880 Speaker 2: That's correct. 40 00:02:10,919 --> 00:02:14,360 Speaker 4: Some of the largest companies are Lexus, Chet, Blue Us Bank, 41 00:02:15,560 --> 00:02:17,919 Speaker 4: the La County, the Fire Department. So you and you 42 00:02:18,200 --> 00:02:20,639 Speaker 4: work with a lot of different companies as far as 43 00:02:20,680 --> 00:02:25,639 Speaker 4: the divert the inclusion program and diversity, right, yes, yes, yes, 44 00:02:25,720 --> 00:02:28,400 Speaker 4: So first and foremost, thank you, thank you. 45 00:02:28,320 --> 00:02:30,200 Speaker 2: For thank you for having me, thank you for. 46 00:02:30,160 --> 00:02:33,120 Speaker 5: Coming taking out, thank you for hosting us exactly, thank 47 00:02:33,120 --> 00:02:33,840 Speaker 5: you for coming. 48 00:02:35,000 --> 00:02:37,920 Speaker 4: Exactly, exactly exactly, so we're gonna we're gonna jump right 49 00:02:37,919 --> 00:02:39,560 Speaker 4: into it. And you was just you was educating me 50 00:02:39,600 --> 00:02:44,440 Speaker 4: about redlining. And after redlining, there was some programs put 51 00:02:44,480 --> 00:02:48,480 Speaker 4: in place by banks to kind of help the effects 52 00:02:48,560 --> 00:02:51,360 Speaker 4: of redlining business. So, can we just get a brief 53 00:02:51,400 --> 00:02:53,320 Speaker 4: explanation of what red lining is so people that might 54 00:02:53,320 --> 00:02:54,440 Speaker 4: not be familiar with redlining. 55 00:02:54,760 --> 00:02:55,040 Speaker 2: Sure. 56 00:02:55,200 --> 00:02:55,359 Speaker 4: So. 57 00:02:56,320 --> 00:02:59,320 Speaker 2: Unfortunately, there was a lot of racist policies that were 58 00:02:59,800 --> 00:03:02,880 Speaker 2: up held by the government and other aspects of our society, 59 00:03:03,040 --> 00:03:07,000 Speaker 2: and one was redlining. And redlining is when a lot 60 00:03:07,040 --> 00:03:11,640 Speaker 2: of different institutions drew literal red lines on the map 61 00:03:11,680 --> 00:03:13,400 Speaker 2: and said we are not going to do business here 62 00:03:13,440 --> 00:03:16,359 Speaker 2: and we're not going to have any loans here or 63 00:03:16,440 --> 00:03:21,000 Speaker 2: access for people for real estate. And those were underrepresented communities, 64 00:03:21,080 --> 00:03:24,040 Speaker 2: i e. People of color. And so what happened is 65 00:03:24,080 --> 00:03:26,560 Speaker 2: as a result of that, years and years and years 66 00:03:26,600 --> 00:03:31,760 Speaker 2: of this trauma and really this pain that has been 67 00:03:31,800 --> 00:03:36,360 Speaker 2: put on people our communities, there have been programs and 68 00:03:36,440 --> 00:03:39,080 Speaker 2: things that have come into place to help offset that. 69 00:03:39,560 --> 00:03:42,360 Speaker 2: And one is called the Community Reinvestment Act and is 70 00:03:42,480 --> 00:03:46,440 Speaker 2: literally an act that says that banks and other people 71 00:03:46,520 --> 00:03:49,840 Speaker 2: have to donate back to those communities in the form 72 00:03:50,040 --> 00:03:56,120 Speaker 2: of you know, donations and charity to nonprofits and specifically 73 00:03:56,160 --> 00:03:58,520 Speaker 2: it's for financial literacy. So what all you all are 74 00:03:58,600 --> 00:04:02,400 Speaker 2: talking about. They are funding that. They're giving the money 75 00:04:02,480 --> 00:04:05,480 Speaker 2: to nonprofits. And I work for nonprofit, so I was 76 00:04:05,520 --> 00:04:09,240 Speaker 2: fully aware of what amazing programs are there are because 77 00:04:09,440 --> 00:04:11,960 Speaker 2: we were able to get the checks to do the program. 78 00:04:12,080 --> 00:04:15,800 Speaker 2: So some of those things are business counseling, they're entrepreneur programs. 79 00:04:15,800 --> 00:04:19,040 Speaker 2: I used to teach entrepreneur programs and they're really low 80 00:04:19,080 --> 00:04:21,360 Speaker 2: cost or they're free, and so it's just really good 81 00:04:21,360 --> 00:04:24,479 Speaker 2: for our people to know about that. I'm Filipino and 82 00:04:24,560 --> 00:04:27,279 Speaker 2: Pakistani and so I worked in historic Filipino town in 83 00:04:27,400 --> 00:04:29,719 Speaker 2: la and we did a lot of good work there. 84 00:04:29,920 --> 00:04:31,760 Speaker 2: We still do a lot of good work there around 85 00:04:31,960 --> 00:04:35,240 Speaker 2: how to get people aware of what's out there. Savings programs. 86 00:04:35,279 --> 00:04:36,919 Speaker 2: They had one program back in the day where you 87 00:04:36,920 --> 00:04:39,039 Speaker 2: could save money like fifty bucks a month and at 88 00:04:39,080 --> 00:04:43,279 Speaker 2: the end of practicing saving for twelve months, you get 89 00:04:43,279 --> 00:04:46,400 Speaker 2: two thousand dollars from this bank, from this grant. It 90 00:04:46,520 --> 00:04:49,599 Speaker 2: was amazing. So people need to know about stuff like 91 00:04:49,600 --> 00:04:51,800 Speaker 2: that and be aware about what's possible. 92 00:04:52,200 --> 00:04:56,080 Speaker 4: Okay, so all right the Community Reinvestment Act. Can we 93 00:04:56,160 --> 00:04:58,960 Speaker 4: just give a little bit, a little bit broad a 94 00:04:59,080 --> 00:05:01,159 Speaker 4: detail on what that actually is? That is? That? Is 95 00:05:01,160 --> 00:05:02,520 Speaker 4: that A because we're in l I don't know if 96 00:05:02,520 --> 00:05:04,320 Speaker 4: I sit that way in LA, but we're in l 97 00:05:04,360 --> 00:05:06,120 Speaker 4: A right now. Shout out to the city, the great 98 00:05:06,120 --> 00:05:07,840 Speaker 4: city of Los Angeles. You know, we love l A. 99 00:05:09,040 --> 00:05:11,839 Speaker 4: So but is this a program that is specific to 100 00:05:11,880 --> 00:05:14,080 Speaker 4: California l A or is it a national. 101 00:05:14,240 --> 00:05:17,880 Speaker 5: I feel like LA was broken into the red line zones, 102 00:05:17,880 --> 00:05:19,039 Speaker 5: and I think it had something to do with the 103 00:05:19,040 --> 00:05:22,840 Speaker 5: train tracks, and that's how the parts of LA were 104 00:05:22,839 --> 00:05:25,159 Speaker 5: broken up, like Compton Wise, It's like all these things 105 00:05:25,160 --> 00:05:29,039 Speaker 5: were broken up intentionally, right and in that time, that's 106 00:05:29,080 --> 00:05:30,440 Speaker 5: how neighborhoods formed and. 107 00:05:30,360 --> 00:05:32,200 Speaker 2: How games key people where they were. 108 00:05:32,520 --> 00:05:36,440 Speaker 4: It was like, it's a history of that Chicago, and 109 00:05:36,480 --> 00:05:38,680 Speaker 4: that's where the term other side of the train tracks 110 00:05:38,839 --> 00:05:41,560 Speaker 4: exactly because literally a lot of you on the other 111 00:05:41,600 --> 00:05:43,960 Speaker 4: side of the tracks that separated the good neighborhood from 112 00:05:43,960 --> 00:05:49,919 Speaker 4: bad neighborhood quote unquote, well, I mean property from not poverty. 113 00:05:50,000 --> 00:05:52,960 Speaker 4: So that's a good first bethead. I mean not good people, 114 00:05:53,040 --> 00:05:55,160 Speaker 4: but good as far as you know real estate prices 115 00:05:55,200 --> 00:05:57,960 Speaker 4: and stuff like that. So all right, But it was. 116 00:05:57,960 --> 00:06:00,760 Speaker 2: A multiplier effect of that, because if you couldn't get 117 00:06:00,760 --> 00:06:02,240 Speaker 2: a loan, you couldn't own a house. If you couldn't 118 00:06:02,240 --> 00:06:04,479 Speaker 2: own a house, then you can't have wealth. So it's 119 00:06:04,520 --> 00:06:07,200 Speaker 2: what we see multiply over and over. And then on 120 00:06:07,240 --> 00:06:10,320 Speaker 2: top of that the schools is that you're in an 121 00:06:10,400 --> 00:06:12,839 Speaker 2: undesirable neighborhoods, you're not gonna have good schools. So on 122 00:06:12,880 --> 00:06:14,800 Speaker 2: top of that, then your schools are bad. So what 123 00:06:14,839 --> 00:06:17,200 Speaker 2: do you have. You have liquor stores and check cashing places. 124 00:06:17,240 --> 00:06:20,200 Speaker 2: You don't have banks, so you're now paying to cash 125 00:06:20,200 --> 00:06:22,640 Speaker 2: your check. You're paying to go and get your check cash. 126 00:06:22,720 --> 00:06:25,200 Speaker 2: So it's just lose, lose, lose the whole way. So 127 00:06:25,240 --> 00:06:28,560 Speaker 2: this Community Reinvestment Act was to help offset that, to 128 00:06:28,600 --> 00:06:32,119 Speaker 2: help get people back into banking, to trust banks again, 129 00:06:32,560 --> 00:06:35,279 Speaker 2: so not to go to the check cashing places, not 130 00:06:35,400 --> 00:06:38,080 Speaker 2: to go spend money doing putting your Oh we have 131 00:06:38,200 --> 00:06:41,360 Speaker 2: people having cash under the mattresses. That's where people are. 132 00:06:41,400 --> 00:06:42,960 Speaker 2: That's where they're saving them money because they're like, we 133 00:06:43,000 --> 00:06:45,040 Speaker 2: don't trust the banks. How do we don't even know 134 00:06:45,080 --> 00:06:47,800 Speaker 2: anyone at the bank. Actually banks don't have people that 135 00:06:47,839 --> 00:06:51,400 Speaker 2: look like us. So these nonprofits where these intermediaries, these 136 00:06:51,480 --> 00:06:54,039 Speaker 2: like go betweens to help people gain trust back into 137 00:06:54,080 --> 00:06:55,279 Speaker 2: the banks. That's what they were for. 138 00:06:55,600 --> 00:06:56,320 Speaker 3: It's funny like that. 139 00:06:56,400 --> 00:06:59,440 Speaker 5: We we had conversations with adults were the first thing 140 00:06:59,480 --> 00:07:01,479 Speaker 5: that they wanted to do when they got that check 141 00:07:01,800 --> 00:07:03,640 Speaker 5: was go to check cash, and we were like, no, 142 00:07:03,760 --> 00:07:06,320 Speaker 5: you should probably have a bank account. And it's like, 143 00:07:06,360 --> 00:07:08,560 Speaker 5: now I don't trust it. It's just something that's been 144 00:07:08,960 --> 00:07:11,000 Speaker 5: ingrained in our communities for so long. That's it. 145 00:07:11,360 --> 00:07:14,560 Speaker 4: And people don't people don't understand how you know what. 146 00:07:14,600 --> 00:07:16,640 Speaker 4: Somebody made a good, good analogy to me because when 147 00:07:16,680 --> 00:07:19,200 Speaker 4: I first when I got my first job, and I 148 00:07:19,240 --> 00:07:21,360 Speaker 4: went to the check cashing checks like a couple of 149 00:07:21,360 --> 00:07:23,520 Speaker 4: blocks away from where I worked in the camp and 150 00:07:23,560 --> 00:07:26,000 Speaker 4: everybody went there and they were saying, like, you never 151 00:07:26,040 --> 00:07:28,880 Speaker 4: see a check cash in place in like a white 152 00:07:28,880 --> 00:07:32,600 Speaker 4: neighborhood or like a wealthy neighborhood. You don't. This is 153 00:07:32,600 --> 00:07:33,680 Speaker 4: what a fried chicken spot. 154 00:07:33,720 --> 00:07:37,800 Speaker 5: You never see a couple of things. It's going to 155 00:07:37,800 --> 00:07:40,880 Speaker 5: be a liquorster, a church, a fried chicken spot, and 156 00:07:40,920 --> 00:07:41,480 Speaker 5: a check ash. 157 00:07:41,680 --> 00:07:44,200 Speaker 4: No, it's it's true, it's true. So but all right, 158 00:07:44,320 --> 00:07:47,720 Speaker 4: So there's programs put in place by banks to help 159 00:07:47,960 --> 00:07:51,640 Speaker 4: educate people, right, So what are they actually educating them on. 160 00:07:52,000 --> 00:07:54,640 Speaker 2: So one is how to have a bank account, how 161 00:07:54,680 --> 00:07:57,080 Speaker 2: to actually write a check, how to just use the 162 00:07:57,080 --> 00:07:59,560 Speaker 2: financial institutions that are out there to get you used 163 00:07:59,560 --> 00:08:01,600 Speaker 2: to that so you don't have to pay for your 164 00:08:01,600 --> 00:08:04,320 Speaker 2: money because a check cashing place, Okay, you cash your check, 165 00:08:04,360 --> 00:08:05,760 Speaker 2: but then you get used to going there, and then 166 00:08:05,800 --> 00:08:08,120 Speaker 2: they upsell you on like this a loan. Oh, you 167 00:08:08,160 --> 00:08:10,280 Speaker 2: need an advance on your check. You need some money, Okay, 168 00:08:10,440 --> 00:08:12,760 Speaker 2: but that's like going to cost you forty percent. So 169 00:08:12,800 --> 00:08:14,800 Speaker 2: the next time around, now you're paying half your check 170 00:08:15,200 --> 00:08:17,840 Speaker 2: right in order to get the money, and then that compounds, 171 00:08:17,960 --> 00:08:19,440 Speaker 2: so now you owe money. So all of a sudden, 172 00:08:19,440 --> 00:08:22,280 Speaker 2: you're owing money instead of making money. Where if you 173 00:08:22,280 --> 00:08:24,120 Speaker 2: put in the bank you gain interest, even if it's 174 00:08:24,120 --> 00:08:25,880 Speaker 2: a little bit interest, at least you're not paying to 175 00:08:25,880 --> 00:08:28,960 Speaker 2: get your money. So it's a way to get people 176 00:08:29,160 --> 00:08:33,360 Speaker 2: used to using financial institutions and Also the other programs 177 00:08:33,360 --> 00:08:35,600 Speaker 2: were about how to start a business, which I really love. 178 00:08:35,679 --> 00:08:37,640 Speaker 2: That's what I was a part of, so how to 179 00:08:37,679 --> 00:08:40,080 Speaker 2: start a business. And then I even did financial literacy 180 00:08:40,120 --> 00:08:42,880 Speaker 2: for kids, so we got piggybanks. We taught them how 181 00:08:42,920 --> 00:08:45,160 Speaker 2: to count and use a calculator, and then we taught 182 00:08:45,160 --> 00:08:48,080 Speaker 2: them about like needs and wants. So don't spend money 183 00:08:48,120 --> 00:08:51,000 Speaker 2: on those name brands necessarily when you're that young, Like 184 00:08:51,080 --> 00:08:53,680 Speaker 2: save a bit, you know, earn your leisure, how you 185 00:08:53,720 --> 00:08:54,480 Speaker 2: have your assets. 186 00:08:54,520 --> 00:08:57,000 Speaker 3: This sounds something right right, Yeah, for sure. 187 00:08:57,080 --> 00:08:59,280 Speaker 2: That's what you teach. So we did it all for 188 00:08:59,520 --> 00:09:01,679 Speaker 2: you know, there in those hoods, and it was great. 189 00:09:01,760 --> 00:09:04,680 Speaker 4: Can you talk about the program for small business owners? Yeah, 190 00:09:04,760 --> 00:09:05,720 Speaker 4: there's an SBA. 191 00:09:06,040 --> 00:09:09,880 Speaker 2: So the government has different parts of it, and one 192 00:09:10,000 --> 00:09:13,959 Speaker 2: part of it is called the Small Business Administration, the SBA. 193 00:09:14,120 --> 00:09:16,600 Speaker 2: And who pays for that? You do? You do? 194 00:09:16,800 --> 00:09:17,080 Speaker 4: I do? 195 00:09:17,320 --> 00:09:19,640 Speaker 2: The taxes pay for it. The taxes that you pay 196 00:09:20,160 --> 00:09:23,600 Speaker 2: go to programs. And these programs are free so that 197 00:09:23,679 --> 00:09:27,559 Speaker 2: the programs are small business counseling, so you can come 198 00:09:27,600 --> 00:09:29,400 Speaker 2: if you need a business plan, you can go roll 199 00:09:29,480 --> 00:09:31,480 Speaker 2: up to one of these places and go and get 200 00:09:31,520 --> 00:09:34,040 Speaker 2: yourself a business counselor for free, and they will coach 201 00:09:34,080 --> 00:09:37,040 Speaker 2: you through a business plan. And you've already paid for 202 00:09:37,080 --> 00:09:39,560 Speaker 2: it because you pay ten taxpayer, so you should go 203 00:09:39,600 --> 00:09:41,640 Speaker 2: and get the resources that you've paid for. 204 00:09:41,840 --> 00:09:43,439 Speaker 5: Where do I find this program? Because I know this 205 00:09:43,559 --> 00:09:45,240 Speaker 5: is not being offered in schools, So is it at 206 00:09:45,240 --> 00:09:47,920 Speaker 5: a community center or is there a designated area that 207 00:09:47,960 --> 00:09:49,280 Speaker 5: I can find that program? 208 00:09:49,400 --> 00:09:52,760 Speaker 2: Right? So, the SBA has centers, they're called Small Business 209 00:09:52,760 --> 00:09:57,000 Speaker 2: Development Centers, and they're also partnering with the nonprofits, so 210 00:09:57,040 --> 00:09:59,439 Speaker 2: they would employ people like me to work in these 211 00:09:59,440 --> 00:10:01,960 Speaker 2: nonprofits to reach out to the community and then be 212 00:10:02,160 --> 00:10:05,760 Speaker 2: like they're like proxy, like be their ambassador. So they 213 00:10:05,760 --> 00:10:08,360 Speaker 2: would be the ones to help in those communities teach 214 00:10:08,400 --> 00:10:10,400 Speaker 2: people about business plans and other stuff. 215 00:10:10,880 --> 00:10:14,600 Speaker 5: Okay, and each demographic has its own, right because I 216 00:10:14,640 --> 00:10:17,480 Speaker 5: know you said that you were working with the Filipino. 217 00:10:17,440 --> 00:10:21,040 Speaker 3: Area, and is that true for the Hispanic area? 218 00:10:21,280 --> 00:10:24,400 Speaker 2: Yeah, and the black communities too. So the banks knew 219 00:10:24,440 --> 00:10:27,720 Speaker 2: that the only way for people to get used to 220 00:10:27,800 --> 00:10:30,000 Speaker 2: them is to go through the nonprofits they know or 221 00:10:30,040 --> 00:10:32,640 Speaker 2: the churches they know. So most of these communities have 222 00:10:32,720 --> 00:10:34,880 Speaker 2: their own so you could just look up what's in 223 00:10:34,920 --> 00:10:37,679 Speaker 2: your area look up who the main players are who 224 00:10:37,720 --> 00:10:41,040 Speaker 2: are doing work in the area, really good community nonprofit work, 225 00:10:41,240 --> 00:10:42,840 Speaker 2: and they're probably doing this already. 226 00:10:43,200 --> 00:10:44,080 Speaker 4: But how do you look it up? 227 00:10:44,280 --> 00:10:48,640 Speaker 2: How so you could look up small Business Counseling or 228 00:10:48,880 --> 00:10:53,400 Speaker 2: free small Business Development Center SBA and you'll find it. 229 00:10:53,880 --> 00:10:55,680 Speaker 4: And do you have to how do you qualify? Like, 230 00:10:55,720 --> 00:10:57,839 Speaker 4: it's okay if I'm a small business owner, I want 231 00:10:57,880 --> 00:11:01,360 Speaker 4: to have a business plan? Me right, there's a certain 232 00:11:01,559 --> 00:11:04,360 Speaker 4: qualification that I have to meet to have a free 233 00:11:04,360 --> 00:11:04,960 Speaker 4: business plan. 234 00:11:05,160 --> 00:11:09,120 Speaker 2: No, it's free. You fill out one form with your name, address, 235 00:11:09,640 --> 00:11:12,640 Speaker 2: and you check that you certify this information is true 236 00:11:12,840 --> 00:11:13,400 Speaker 2: and that's it. 237 00:11:13,800 --> 00:11:16,839 Speaker 4: So I can google. I can google s B a s. 238 00:11:16,880 --> 00:11:22,240 Speaker 2: B a free business counseling or small business development center, 239 00:11:22,720 --> 00:11:24,760 Speaker 2: and then you can find one near you and they're 240 00:11:24,840 --> 00:11:27,960 Speaker 2: targeted to let's say women, or let's say the community 241 00:11:27,960 --> 00:11:30,839 Speaker 2: that you're part of, and it's all free. They also 242 00:11:30,880 --> 00:11:34,880 Speaker 2: have another program called SCORE and that program is with executives. 243 00:11:35,080 --> 00:11:37,440 Speaker 2: So it's I forget the first part, but it's retired 244 00:11:37,520 --> 00:11:41,440 Speaker 2: executives and it's these guys who are like retired in there, 245 00:11:41,640 --> 00:11:45,400 Speaker 2: you know, in their retired time frame, like they're they're 246 00:11:45,760 --> 00:11:47,800 Speaker 2: they're free and they want to give back, and they 247 00:11:48,080 --> 00:11:50,480 Speaker 2: also do counseling for you. So you can even hear 248 00:11:50,480 --> 00:11:53,679 Speaker 2: from an executive, which is a trip because they're they're 249 00:11:53,840 --> 00:11:56,120 Speaker 2: you know, golfing and hanging out and they want to 250 00:11:56,120 --> 00:11:58,840 Speaker 2: give back and so they will talk to anybody. You 251 00:11:58,920 --> 00:11:59,640 Speaker 2: just make an appointment. 252 00:11:59,679 --> 00:12:01,880 Speaker 3: And it's so in the area that you worked. What's 253 00:12:01,920 --> 00:12:02,520 Speaker 3: the retenttrary? 254 00:12:02,520 --> 00:12:04,520 Speaker 5: How many people do you see trying to create small 255 00:12:04,559 --> 00:12:06,760 Speaker 5: businesses in the community you served. 256 00:12:06,960 --> 00:12:08,960 Speaker 2: The thing is the thing that people think is you 257 00:12:09,000 --> 00:12:11,720 Speaker 2: need money to make money. You don't need money to 258 00:12:11,720 --> 00:12:14,439 Speaker 2: make money, you need drive. The thing that I saw 259 00:12:14,480 --> 00:12:18,360 Speaker 2: that made everybody successful is they had ambition, Like they 260 00:12:18,360 --> 00:12:20,120 Speaker 2: could have a couple bucks in their pocket, but they 261 00:12:20,160 --> 00:12:22,320 Speaker 2: knew that they could do it. I had one sister. 262 00:12:22,400 --> 00:12:25,480 Speaker 2: She had an ice cream truck and I'll give her 263 00:12:25,480 --> 00:12:29,360 Speaker 2: a shout out. Her name, her company name is Callie Pop. 264 00:12:30,120 --> 00:12:32,120 Speaker 2: And she would go in the hood and sell ice cream. 265 00:12:32,200 --> 00:12:33,240 Speaker 2: Like why are you going in the hood. She's like, 266 00:12:33,280 --> 00:12:35,640 Speaker 2: my papa did that. My papa did that because it 267 00:12:35,720 --> 00:12:37,120 Speaker 2: was the jungle and he was the only one that 268 00:12:37,160 --> 00:12:39,800 Speaker 2: would sell ice cream in the hood. And I helped 269 00:12:39,800 --> 00:12:43,160 Speaker 2: her and so we got her her things set up. 270 00:12:43,280 --> 00:12:45,480 Speaker 2: She got set up at the commissary like where she 271 00:12:45,520 --> 00:12:49,000 Speaker 2: stocked her stuff. And just like the other day, I 272 00:12:49,040 --> 00:12:52,080 Speaker 2: saw her in the Beach Cities areas and she was 273 00:12:52,120 --> 00:12:54,120 Speaker 2: selling to the kids, and I was like, girl, you're 274 00:12:54,120 --> 00:12:56,880 Speaker 2: doing good, Like I'm so proud of you that you 275 00:12:56,960 --> 00:12:59,520 Speaker 2: came up. And she she didn't have much, but she 276 00:12:59,640 --> 00:13:02,439 Speaker 2: made it work. But she had that determination and it 277 00:13:02,800 --> 00:13:05,400 Speaker 2: was like her legacy because it came from her dad. 278 00:13:05,520 --> 00:13:07,600 Speaker 2: So she really wanted to do it. And so I 279 00:13:07,600 --> 00:13:12,400 Speaker 2: had people doing childcares and people doing record stores. I 280 00:13:12,400 --> 00:13:15,960 Speaker 2: have restaurants, and they had nothing. They had no education, 281 00:13:16,200 --> 00:13:21,240 Speaker 2: even you know high school dropouts, right, And one of 282 00:13:21,240 --> 00:13:23,520 Speaker 2: my clients in the Park's Finest, they were high school 283 00:13:23,559 --> 00:13:25,760 Speaker 2: dropouts and they used to cook barbecue in the hood 284 00:13:26,040 --> 00:13:28,160 Speaker 2: to stay out of trouble, so they wouldn't get into 285 00:13:28,200 --> 00:13:29,960 Speaker 2: fights with people because they'd be the ones that would 286 00:13:29,960 --> 00:13:32,800 Speaker 2: come through and cook for you for your parties. So 287 00:13:32,800 --> 00:13:35,120 Speaker 2: they never got in anybody's way. They were run on 288 00:13:35,200 --> 00:13:38,280 Speaker 2: anybody's side. And they came to me one day and 289 00:13:38,320 --> 00:13:40,000 Speaker 2: they're like, yo, like we want to go and buy 290 00:13:40,000 --> 00:13:42,640 Speaker 2: this trailer. We want to buy this barbecue trailer. And 291 00:13:42,679 --> 00:13:45,080 Speaker 2: so I helped them through it. They ended up now 292 00:13:45,080 --> 00:13:47,800 Speaker 2: they have a storefront. They got on diners, drive ins 293 00:13:47,800 --> 00:13:50,240 Speaker 2: and dives on the food network and it's like and 294 00:13:50,280 --> 00:13:51,719 Speaker 2: it there's high school dropouts. 295 00:13:51,960 --> 00:13:55,319 Speaker 4: So let me ask you this. So the Small Business Administration, Yeah, 296 00:13:55,360 --> 00:13:57,920 Speaker 4: they help you. They can write, well, they can help 297 00:13:57,960 --> 00:14:00,480 Speaker 4: you write a business plan. Yes, they can help you 298 00:14:00,520 --> 00:14:04,479 Speaker 4: with coaching, mentorship, right, can they help you with funding. 299 00:14:04,600 --> 00:14:07,560 Speaker 2: Yes they can. So all of the coaching and the 300 00:14:07,600 --> 00:14:10,400 Speaker 2: classes that they have they do want to get you 301 00:14:10,440 --> 00:14:13,320 Speaker 2: set up so you can go and get a loan. 302 00:14:13,840 --> 00:14:15,959 Speaker 2: And so they actually have education on how to get 303 00:14:16,000 --> 00:14:18,319 Speaker 2: a loan from a bank. So they work with banks 304 00:14:18,360 --> 00:14:21,520 Speaker 2: on getting businesses ready to go and try to go 305 00:14:21,600 --> 00:14:24,320 Speaker 2: for a loan. So all these banks and the SBA, 306 00:14:24,440 --> 00:14:26,840 Speaker 2: they all work together to try to help the different 307 00:14:27,160 --> 00:14:31,760 Speaker 2: business clients get ready and you know, try to acquire 308 00:14:31,800 --> 00:14:32,960 Speaker 2: that which is possible. 309 00:14:33,320 --> 00:14:34,120 Speaker 4: And it's all free. 310 00:14:34,920 --> 00:14:38,120 Speaker 2: That is free, all free. It's all free. But we 311 00:14:38,160 --> 00:14:38,920 Speaker 2: don't know about it. 312 00:14:39,640 --> 00:14:39,880 Speaker 3: We do. 313 00:14:40,000 --> 00:14:43,120 Speaker 4: Now, what are some things some people can do to 314 00:14:43,160 --> 00:14:45,440 Speaker 4: help them help their chances to get alan because that's 315 00:14:45,440 --> 00:14:46,800 Speaker 4: always come down to money and it. 316 00:14:46,840 --> 00:14:50,040 Speaker 2: Always comes out with credit, right, So use your credit 317 00:14:50,120 --> 00:14:54,120 Speaker 2: card responsibly and build your credit score up slowly and 318 00:14:54,120 --> 00:14:57,000 Speaker 2: be responsible. So even if you okay, so when people 319 00:14:57,040 --> 00:15:00,400 Speaker 2: use debit cards, it's cash out the door, right, which 320 00:15:00,440 --> 00:15:01,720 Speaker 2: is fine because you're like, oh, I don't want to 321 00:15:01,720 --> 00:15:03,360 Speaker 2: spend more than I have in my bank. But if 322 00:15:03,360 --> 00:15:05,480 Speaker 2: you can discipline yourself and use a credit card and 323 00:15:05,520 --> 00:15:08,840 Speaker 2: pay that fifty bucks down every month, then you have 324 00:15:08,960 --> 00:15:11,480 Speaker 2: like a track record of credit. I remember the first 325 00:15:11,480 --> 00:15:13,920 Speaker 2: credit card I opened, I only had five hundred dollars, 326 00:15:14,040 --> 00:15:16,680 Speaker 2: like that's all I could get, Like that was my max. 327 00:15:16,960 --> 00:15:19,200 Speaker 2: And I still have that card today because it and 328 00:15:19,280 --> 00:15:21,640 Speaker 2: I won't close it because it has a history of 329 00:15:21,920 --> 00:15:25,320 Speaker 2: credit history of how many years I've had that one 330 00:15:25,440 --> 00:15:27,800 Speaker 2: credit card. In fact, I don't think I even increased 331 00:15:27,840 --> 00:15:29,760 Speaker 2: the limit. I still only have five hundred on it. 332 00:15:29,800 --> 00:15:32,120 Speaker 2: But I never closed it, and so they've seen like 333 00:15:32,480 --> 00:15:36,080 Speaker 2: decades of me using a credit card. And I didn't 334 00:15:36,080 --> 00:15:38,000 Speaker 2: have a lot of money at the time, like I 335 00:15:38,080 --> 00:15:41,240 Speaker 2: was a student, like I literally they didn't know who 336 00:15:41,320 --> 00:15:43,480 Speaker 2: I was. But I applied for it as a student. 337 00:15:43,560 --> 00:15:45,200 Speaker 2: I was like, oh, yes, I have this five hundred 338 00:15:45,200 --> 00:15:47,800 Speaker 2: dollar card, and at the time that was like a 339 00:15:47,800 --> 00:15:50,040 Speaker 2: lot of money for me. So I just never went 340 00:15:50,080 --> 00:15:52,160 Speaker 2: over and I paid it off and then over time 341 00:15:52,160 --> 00:15:52,640 Speaker 2: you built your. 342 00:15:52,600 --> 00:15:55,640 Speaker 5: Credit score back to funding for a seconds. What's the 343 00:15:55,680 --> 00:15:58,040 Speaker 5: maximum amount of money that can be loaned for a 344 00:15:58,040 --> 00:15:58,920 Speaker 5: small business? 345 00:15:59,320 --> 00:16:02,080 Speaker 2: There is there's no mak, no max. Okay, there's no max. 346 00:16:02,240 --> 00:16:05,000 Speaker 2: There's different levels. So they have different programs for like 347 00:16:05,120 --> 00:16:08,480 Speaker 2: depending on how much business you do, but they have 348 00:16:08,920 --> 00:16:12,240 Speaker 2: smaller loans. It's more what's the minimum? I think that's 349 00:16:12,280 --> 00:16:14,840 Speaker 2: the question. Like it's more like can I go for 350 00:16:14,920 --> 00:16:17,520 Speaker 2: five thousand dollars? Can I go for ten? And so 351 00:16:17,960 --> 00:16:19,720 Speaker 2: what it is is you can go and make a 352 00:16:19,760 --> 00:16:22,440 Speaker 2: relationship with your bank, go and talk to someone there 353 00:16:22,480 --> 00:16:25,120 Speaker 2: and start to ask these questions and they will actually 354 00:16:25,120 --> 00:16:27,600 Speaker 2: also coach you through it to help you get ready. 355 00:16:27,920 --> 00:16:30,000 Speaker 2: And it's all that's all free too. 356 00:16:30,320 --> 00:16:31,840 Speaker 4: So I want to ask you one more question. The 357 00:16:31,920 --> 00:16:33,720 Speaker 4: chamber of commerce you work with chame more commerce? 358 00:16:33,800 --> 00:16:36,400 Speaker 2: Right? I did I work for? After this nonprofit? I 359 00:16:36,440 --> 00:16:38,320 Speaker 2: work for an Asian Chamber of Commerce? 360 00:16:38,520 --> 00:16:40,040 Speaker 4: So what is the chain of I could? I always 361 00:16:40,080 --> 00:16:43,200 Speaker 4: hear chain of commerce here in this city, and there's 362 00:16:43,240 --> 00:16:45,560 Speaker 4: different groups to have chain Like what is it? What 363 00:16:45,640 --> 00:16:46,720 Speaker 4: is it? What does that mean? Like? What is a 364 00:16:46,800 --> 00:16:47,520 Speaker 4: chain of commerce? 365 00:16:47,560 --> 00:16:50,840 Speaker 2: What do you do So a chamber of commerce takes 366 00:16:51,520 --> 00:16:54,400 Speaker 2: Businesses can sign up to join as a member, and 367 00:16:54,440 --> 00:16:58,360 Speaker 2: you basically are members with other people, and then you 368 00:16:58,400 --> 00:17:01,600 Speaker 2: can network with these people, meet them, maybe do business 369 00:17:01,600 --> 00:17:04,879 Speaker 2: with them. You can go to their different events and 370 00:17:04,960 --> 00:17:08,880 Speaker 2: learn from them, and it's basically an association, so you're 371 00:17:08,880 --> 00:17:11,159 Speaker 2: not solo on your own. Like if you start a 372 00:17:11,160 --> 00:17:13,560 Speaker 2: business and you're like, I don't know anybody. Where can 373 00:17:13,600 --> 00:17:15,760 Speaker 2: I meet somebody or where can I learn from other people? 374 00:17:16,080 --> 00:17:18,240 Speaker 2: And even though they're your peer group, like they're the 375 00:17:18,240 --> 00:17:19,919 Speaker 2: same as you, they might have a tip that you 376 00:17:19,920 --> 00:17:23,119 Speaker 2: don't know. So by going and hanging out with these people, 377 00:17:23,280 --> 00:17:25,800 Speaker 2: you're also kind of raising the bar on yourself because 378 00:17:25,800 --> 00:17:27,800 Speaker 2: you're learning from other people who might be struggling the 379 00:17:27,800 --> 00:17:30,199 Speaker 2: same way but might have a tip for you. They 380 00:17:30,280 --> 00:17:33,080 Speaker 2: might know something about a program, or they might actually 381 00:17:33,080 --> 00:17:36,280 Speaker 2: introduce you to some business, and so by being around 382 00:17:36,600 --> 00:17:39,239 Speaker 2: other people like that, you're just going to raise your 383 00:17:39,280 --> 00:17:40,359 Speaker 2: chances of doing better. 384 00:17:40,920 --> 00:17:44,280 Speaker 4: Okay, So a chain of commerce is not a government institution. 385 00:17:44,520 --> 00:17:47,400 Speaker 2: It's not it's by the city. And then there are 386 00:17:47,440 --> 00:17:49,560 Speaker 2: these offshoots like the one I work for, that are 387 00:17:49,600 --> 00:17:52,720 Speaker 2: for the community. So there are nonprofit ones and they're 388 00:17:52,760 --> 00:17:54,920 Speaker 2: all really like geographic base. 389 00:17:55,040 --> 00:17:58,480 Speaker 3: Most of the time, anyone can can visit the chamber. 390 00:17:58,240 --> 00:18:00,600 Speaker 2: Of commerce, you can join, there's usually a you to join, 391 00:18:01,119 --> 00:18:03,399 Speaker 2: so that's the only kind of thing that you have 392 00:18:03,480 --> 00:18:06,560 Speaker 2: to sign up for, right, cool. 393 00:18:06,560 --> 00:18:08,280 Speaker 4: Cool, So yeah, that was some good information. So now 394 00:18:08,280 --> 00:18:09,840 Speaker 4: we're going to go into the second segment. We're going 395 00:18:09,920 --> 00:18:13,720 Speaker 4: to talk about different programs to hire small businesses. So 396 00:18:13,760 --> 00:18:15,359 Speaker 4: the first thing you have to do is educate yourself 397 00:18:15,400 --> 00:18:18,040 Speaker 4: to actually start a business. But once you start a business, 398 00:18:18,280 --> 00:18:21,240 Speaker 4: was educating us that there's a lot of initiatives and 399 00:18:21,280 --> 00:18:24,399 Speaker 4: programs and even stipulations a lot of times big corporations 400 00:18:24,440 --> 00:18:27,399 Speaker 4: have to put in place to bring small business owners on. 401 00:18:27,520 --> 00:18:29,440 Speaker 4: So yeah, we're going to go into that segment next. 402 00:18:30,119 --> 00:18:32,080 Speaker 4: All right, So in the second segment, we're going to 403 00:18:32,119 --> 00:18:35,879 Speaker 4: talk about supplier diversity, right and so, well, a lot 404 00:18:35,920 --> 00:18:39,080 Speaker 4: of times people don't realize is that there are programs 405 00:18:39,080 --> 00:18:42,520 Speaker 4: in place and some stipulations a lot of times in 406 00:18:42,520 --> 00:18:47,200 Speaker 4: place that a big corporation or a government agency they 407 00:18:47,280 --> 00:18:50,840 Speaker 4: have to use a portion of their budget for minority businesses. Right, 408 00:18:51,480 --> 00:18:53,320 Speaker 4: So all right, can we go into. 409 00:18:53,119 --> 00:18:54,760 Speaker 2: That, Let's do it all right? 410 00:18:54,800 --> 00:18:57,240 Speaker 4: All right? So, so all right, So what's the deal 411 00:18:57,280 --> 00:18:57,720 Speaker 4: with that. 412 00:18:59,080 --> 00:19:00,760 Speaker 5: Before we go to the kid. Can we define what 413 00:19:00,800 --> 00:19:04,040 Speaker 5: a minority is? Well, that might be important to know first. 414 00:19:04,000 --> 00:19:05,720 Speaker 4: Right, Well, oh yeah, can we do that. 415 00:19:05,760 --> 00:19:08,800 Speaker 2: We can do that, so tie together your question and 416 00:19:08,840 --> 00:19:12,320 Speaker 2: your question. There are programs out there where companies have 417 00:19:12,400 --> 00:19:15,520 Speaker 2: to do business with people who are underserved. And so 418 00:19:15,840 --> 00:19:18,680 Speaker 2: the minority category is basically people of color, So it 419 00:19:18,760 --> 00:19:23,240 Speaker 2: could be someone who's Black, Asian, Latino. That is the 420 00:19:23,240 --> 00:19:26,800 Speaker 2: minority community. The Native community has their own as well, 421 00:19:27,760 --> 00:19:31,560 Speaker 2: but they're also a minority. You also have veterans have 422 00:19:31,640 --> 00:19:33,520 Speaker 2: their own categories. So if we have folks here who 423 00:19:33,560 --> 00:19:36,840 Speaker 2: are veterans who have served our country, that's another category, 424 00:19:36,840 --> 00:19:39,119 Speaker 2: and women is another category. So you can belong to 425 00:19:39,160 --> 00:19:41,679 Speaker 2: more than one category and actually try to go for 426 00:19:41,680 --> 00:19:45,040 Speaker 2: a business in each of these categories. But basically, if 427 00:19:45,080 --> 00:19:47,040 Speaker 2: you're a person of color, you can go for the 428 00:19:47,040 --> 00:19:49,560 Speaker 2: minority category. If you're a man or woman, whatever you are. 429 00:19:49,880 --> 00:19:51,399 Speaker 4: So can you walk me through and we can go 430 00:19:51,440 --> 00:19:55,959 Speaker 4: through LA. Like, since we're in LA. If I have 431 00:19:56,000 --> 00:20:01,360 Speaker 4: an HVAC company in Los Angeles, I'm African American mail. 432 00:20:01,440 --> 00:20:04,520 Speaker 4: Yeah right, all right, what do I do? 433 00:20:05,680 --> 00:20:09,040 Speaker 2: So let's say you're doing pretty good. Like you you're 434 00:20:09,320 --> 00:20:11,919 Speaker 2: you got your business going your you've got customers, like 435 00:20:11,960 --> 00:20:14,480 Speaker 2: you've got to be at the point where you're you're operating, 436 00:20:14,560 --> 00:20:16,920 Speaker 2: you're doing not bad for yourself, you've got your financials. 437 00:20:17,640 --> 00:20:19,760 Speaker 2: Then you can start to go kind of for the 438 00:20:19,760 --> 00:20:24,159 Speaker 2: big guns, like you can go for corporations. And corporations 439 00:20:24,240 --> 00:20:26,399 Speaker 2: are buying stuff all the time. They're buying light bulbs 440 00:20:26,480 --> 00:20:29,400 Speaker 2: or buying paper, they're buying, you know, things like that, 441 00:20:30,040 --> 00:20:33,919 Speaker 2: and they're looking for vendors that are minorities, that are 442 00:20:33,920 --> 00:20:39,840 Speaker 2: from these categories. And in California specifically, the utilities here 443 00:20:40,119 --> 00:20:45,760 Speaker 2: have a general order that mandates basically, it makes it 444 00:20:47,000 --> 00:20:52,040 Speaker 2: required that phone companies, the water companies, all these utility 445 00:20:52,080 --> 00:20:55,240 Speaker 2: companies they have to do business with minorities have to 446 00:20:55,400 --> 00:20:58,680 Speaker 2: have to have to is a law. Okay, so that's 447 00:20:58,720 --> 00:21:02,800 Speaker 2: set aside. So at least fifteen percent of anything that 448 00:21:02,840 --> 00:21:06,280 Speaker 2: they buy, any people they hire have to be minorities. 449 00:21:06,520 --> 00:21:09,080 Speaker 2: So if you think about that, it's set aside for us. 450 00:21:09,560 --> 00:21:12,359 Speaker 2: So how do we get it right? So that's the 451 00:21:12,400 --> 00:21:15,080 Speaker 2: next question. So you have to get certified to show 452 00:21:15,119 --> 00:21:18,800 Speaker 2: that you're a minority, and you have to prove it 453 00:21:18,840 --> 00:21:22,000 Speaker 2: by going through different agencies that give you the certification. 454 00:21:22,680 --> 00:21:25,639 Speaker 2: You fill out some forms, you show your financials, and 455 00:21:25,720 --> 00:21:27,960 Speaker 2: then after some time you pay, like you pay a 456 00:21:28,000 --> 00:21:29,960 Speaker 2: fee to do that, and then after some time you 457 00:21:30,000 --> 00:21:33,639 Speaker 2: get the certification. And after that you can start to 458 00:21:33,680 --> 00:21:36,320 Speaker 2: try to pitch your business to these corporations and you 459 00:21:36,359 --> 00:21:39,680 Speaker 2: get in this special category where you can try to 460 00:21:39,720 --> 00:21:40,520 Speaker 2: get that money. 461 00:21:41,000 --> 00:21:45,879 Speaker 4: So in New York, I think it's called MWBE Minority 462 00:21:46,119 --> 00:21:48,560 Speaker 4: Women Business Enterprise. 463 00:21:48,680 --> 00:21:49,080 Speaker 2: You got it. 464 00:21:49,200 --> 00:21:51,960 Speaker 4: Yeah, And in order to be certified in New York, 465 00:21:52,000 --> 00:21:53,920 Speaker 4: your business has to be i think in place for 466 00:21:54,920 --> 00:21:58,040 Speaker 4: two years, and it's a long list of different things 467 00:21:58,080 --> 00:22:01,119 Speaker 4: that you have to provide profit and law statements. You 468 00:22:01,200 --> 00:22:05,040 Speaker 4: have to all kinds of stuff like corporation letter, and 469 00:22:05,320 --> 00:22:08,959 Speaker 4: it's a very long list. I know because I've done it. 470 00:22:09,560 --> 00:22:12,320 Speaker 4: So is it the same in Los Angeles? 471 00:22:12,680 --> 00:22:13,919 Speaker 2: It's the same across the country. 472 00:22:14,440 --> 00:22:14,920 Speaker 4: It's the same. 473 00:22:15,080 --> 00:22:20,560 Speaker 2: They have the national they have a national certification organization 474 00:22:20,680 --> 00:22:24,720 Speaker 2: that does this and MSDC, and then every region has 475 00:22:24,840 --> 00:22:28,359 Speaker 2: their local version that helps give information about it. So 476 00:22:28,920 --> 00:22:32,560 Speaker 2: it's the same across the country, okay for everybody. So 477 00:22:32,560 --> 00:22:34,919 Speaker 2: what you just described is completely accurate, and it's the 478 00:22:34,920 --> 00:22:35,879 Speaker 2: same across the country. 479 00:22:36,080 --> 00:22:38,480 Speaker 4: Okay, that's good to know. I didn't know that, all right, 480 00:22:38,640 --> 00:22:42,920 Speaker 4: So okay, so and then correct me if I'm wrong. 481 00:22:43,000 --> 00:22:45,480 Speaker 4: Fifty one percent of the ownership has to be on 482 00:22:45,800 --> 00:22:47,800 Speaker 4: because you can have a white partner, right. 483 00:22:47,720 --> 00:22:49,159 Speaker 2: Right, You can have a white partner, but that you 484 00:22:49,240 --> 00:22:50,639 Speaker 2: got to own more than them, So you got to 485 00:22:50,640 --> 00:22:53,840 Speaker 2: own fifty fifty. So you can't be that's the thing. 486 00:22:53,880 --> 00:22:54,879 Speaker 4: You can't be messing. 487 00:22:54,680 --> 00:22:56,560 Speaker 2: Around and you can't be fake. And why did they 488 00:22:56,640 --> 00:23:00,439 Speaker 2: do this is because white folks were taking advantage and 489 00:23:00,480 --> 00:23:03,000 Speaker 2: so they're like, look, we need to make this a certification. 490 00:23:03,080 --> 00:23:05,159 Speaker 2: It needs to be proof on paper that this is 491 00:23:05,240 --> 00:23:08,840 Speaker 2: minority own Okay, because that's what this is about. This 492 00:23:08,880 --> 00:23:11,160 Speaker 2: is not about some fake thing that you know, you're 493 00:23:11,240 --> 00:23:13,320 Speaker 2: the face of it. No, this is to make things 494 00:23:13,400 --> 00:23:18,080 Speaker 2: right for underrepresented individuals and communities that have not been served. 495 00:23:18,640 --> 00:23:20,840 Speaker 2: And that's what this is for. To make it right. 496 00:23:21,240 --> 00:23:23,920 Speaker 3: You said the process takes two years to No, you 497 00:23:23,920 --> 00:23:24,240 Speaker 3: have to. 498 00:23:24,160 --> 00:23:26,640 Speaker 2: Be in business for two years. You have to take 499 00:23:26,880 --> 00:23:29,960 Speaker 2: like a few months. It's more how much paperwork you 500 00:23:30,000 --> 00:23:32,679 Speaker 2: have in order. That's what takes time. Like you have 501 00:23:32,720 --> 00:23:34,560 Speaker 2: to get your stuff together, you have to get your 502 00:23:34,680 --> 00:23:37,880 Speaker 2: paperwork together. That's what I do. I help businesses get 503 00:23:37,880 --> 00:23:41,280 Speaker 2: it together. And I do like consulting about that because 504 00:23:41,280 --> 00:23:45,040 Speaker 2: sometimes they can be overwhelming. So so it's really important 505 00:23:45,080 --> 00:23:47,040 Speaker 2: to try to just have your books in order and 506 00:23:47,080 --> 00:23:49,520 Speaker 2: your paperwork together to try to get that ready. But 507 00:23:49,560 --> 00:23:51,440 Speaker 2: after that, it just it doesn't take that long. 508 00:23:52,400 --> 00:23:57,160 Speaker 4: So working in LA, how long you've been working. 509 00:23:56,920 --> 00:23:58,840 Speaker 2: In LA fifteen years? 510 00:23:59,720 --> 00:24:04,200 Speaker 4: So how many people that have businesses are aware of that? 511 00:24:04,520 --> 00:24:05,520 Speaker 4: Of the program? 512 00:24:05,720 --> 00:24:08,600 Speaker 2: There is more that they don't know about it, right 513 00:24:09,080 --> 00:24:11,880 Speaker 2: or some people are like, I don't need that. I'm good, 514 00:24:12,480 --> 00:24:14,679 Speaker 2: Like I'm fine with how I am. But the thing is, 515 00:24:14,720 --> 00:24:16,240 Speaker 2: if you can go and get more, why don't you 516 00:24:16,280 --> 00:24:18,479 Speaker 2: go and get more? Like if you can do business 517 00:24:18,600 --> 00:24:22,359 Speaker 2: with major companies like brandnames I'm talking like Toyota or Honda, 518 00:24:22,520 --> 00:24:26,080 Speaker 2: or Boeing or North of Grumman or any brand name 519 00:24:26,119 --> 00:24:29,280 Speaker 2: that you know has a version of this, why wouldn't 520 00:24:29,280 --> 00:24:32,080 Speaker 2: you go and try? Because they're looking for us, they're 521 00:24:32,080 --> 00:24:35,000 Speaker 2: looking for women, they're looking for minorities to do business with. 522 00:24:35,440 --> 00:24:38,359 Speaker 2: It's set aside. They have people in those companies that 523 00:24:38,520 --> 00:24:41,920 Speaker 2: are their whole job is to go find minority businesses. 524 00:24:41,960 --> 00:24:44,119 Speaker 2: Can you believe that? Yes, that's the whole that's the 525 00:24:44,280 --> 00:24:45,160 Speaker 2: that's their whole job. 526 00:24:45,720 --> 00:24:47,639 Speaker 4: So am I not to do it? A minority is 527 00:24:48,920 --> 00:24:53,720 Speaker 4: pretty much anybody that's not white, right, that's rights. 528 00:24:53,040 --> 00:24:53,359 Speaker 2: To say that. 529 00:24:53,440 --> 00:24:57,960 Speaker 4: Yeah, okay, and obviously a woman, any woman. It can 530 00:24:57,960 --> 00:24:58,600 Speaker 4: be a white woman. 531 00:24:58,880 --> 00:25:00,960 Speaker 2: It can be a white woman, yeah, or a black woman. 532 00:25:01,880 --> 00:25:03,840 Speaker 4: Do you have do you know like percentage wise, like 533 00:25:04,080 --> 00:25:05,920 Speaker 4: who benefits the most from these programs? 534 00:25:06,880 --> 00:25:10,639 Speaker 2: You know, that's a good question. What I've seen for 535 00:25:10,760 --> 00:25:16,440 Speaker 2: the minority category. I feel like, you know, it depends 536 00:25:16,480 --> 00:25:20,320 Speaker 2: on the industry. So certain industries have more, right, So 537 00:25:20,560 --> 00:25:22,640 Speaker 2: I don't want to stereotype, but that's what you see. 538 00:25:22,680 --> 00:25:24,240 Speaker 2: So what you see on the world, what people are 539 00:25:24,280 --> 00:25:26,080 Speaker 2: doing that it reflects back into this. 540 00:25:26,680 --> 00:25:29,760 Speaker 5: In your fifteen years in this service, right, what's the 541 00:25:31,080 --> 00:25:35,000 Speaker 5: largest amount you've seen allocated to a business millions? 542 00:25:35,480 --> 00:25:35,920 Speaker 3: Millions? 543 00:25:36,000 --> 00:25:36,240 Speaker 6: Yeah? 544 00:25:36,600 --> 00:25:39,600 Speaker 2: Well yeah, no, like they start small, you start small, 545 00:25:39,640 --> 00:25:42,240 Speaker 2: but then it multiplies. It's this multiplier effect, and then 546 00:25:42,520 --> 00:25:45,160 Speaker 2: they get a bigger contract, and then they go bigger 547 00:25:45,320 --> 00:25:46,879 Speaker 2: and then all of a sudden they're like running the 548 00:25:46,880 --> 00:25:50,400 Speaker 2: whole thing or they're going like to different regions, right, 549 00:25:50,920 --> 00:25:54,080 Speaker 2: and then after that it's guy's a limit because what 550 00:25:54,240 --> 00:25:58,120 Speaker 2: happens is the folks that are in these corporations, they're like, yo, yo, yo, 551 00:25:58,240 --> 00:26:01,040 Speaker 2: this person's good. You need some here, I'll refer you. 552 00:26:01,359 --> 00:26:03,960 Speaker 2: So then they cross refer across the corporation. So then 553 00:26:04,000 --> 00:26:06,480 Speaker 2: it's the same guy or the same woman or the 554 00:26:06,480 --> 00:26:09,360 Speaker 2: same person getting more and more and more because they're trusted, 555 00:26:09,400 --> 00:26:12,960 Speaker 2: they're known, they're like celebrated, and then all of a 556 00:26:13,000 --> 00:26:15,760 Speaker 2: sudden they're killing it. So all I'm saying is like, 557 00:26:15,800 --> 00:26:17,800 Speaker 2: why don't we get more people in that pipeline. 558 00:26:18,000 --> 00:26:19,560 Speaker 4: Let me ask you this because a lot of times 559 00:26:19,560 --> 00:26:25,080 Speaker 4: in our communities we pick businesses that aren't scalable. What 560 00:26:25,119 --> 00:26:27,080 Speaker 4: I mean by that is go ahead, run them down, 561 00:26:27,119 --> 00:26:30,800 Speaker 4: shohny arrest. Even though all of these businesses can be scalable, 562 00:26:30,800 --> 00:26:32,880 Speaker 4: but for the most part, they're not. They're local mom 563 00:26:32,920 --> 00:26:38,520 Speaker 4: and pop restaurants, barbershops, sneaker stores, stuff like that. Right, 564 00:26:39,160 --> 00:26:43,080 Speaker 4: So these aren't type of businesses. Maybe a restaurant you 565 00:26:43,080 --> 00:26:44,960 Speaker 4: can cater, but these aren't the type of businesses that 566 00:26:45,000 --> 00:26:48,040 Speaker 4: are going to get these these dollars from these corporate companies. Right. 567 00:26:48,480 --> 00:26:51,040 Speaker 4: So from being in the industry that's right for a 568 00:26:51,080 --> 00:26:56,680 Speaker 4: long time, what are the most appealing businesses that can 569 00:26:56,720 --> 00:27:00,000 Speaker 4: get money from large corporate Like what are they looking for? 570 00:27:00,880 --> 00:27:04,520 Speaker 2: It's really everything. You walk through an office, what do 571 00:27:04,520 --> 00:27:07,639 Speaker 2: you see? You see chairs, do you see paper, you 572 00:27:07,680 --> 00:27:11,760 Speaker 2: see light bulbs. They're buying everything it could be. There 573 00:27:11,840 --> 00:27:14,080 Speaker 2: was when I saw recently it was for hand loation. 574 00:27:14,840 --> 00:27:17,600 Speaker 2: I'm not kidding. So there they bid it out. And 575 00:27:17,640 --> 00:27:20,119 Speaker 2: the thing is they have to put it out to 576 00:27:20,240 --> 00:27:22,840 Speaker 2: a bid to try to find minorities. If they don't 577 00:27:22,840 --> 00:27:26,920 Speaker 2: get it, who gets it? The white folks. So if 578 00:27:26,960 --> 00:27:29,399 Speaker 2: they don't find someone, if someone's not in that spot, 579 00:27:29,480 --> 00:27:31,960 Speaker 2: it's going to go to somebody. So why not have 580 00:27:32,040 --> 00:27:36,000 Speaker 2: our people there? Why not have our people in that pipeline? Right? 581 00:27:36,080 --> 00:27:41,400 Speaker 4: So businesses like h FAG like construction. 582 00:27:42,640 --> 00:27:44,680 Speaker 2: A big one. They can't find construction. 583 00:27:44,400 --> 00:27:48,000 Speaker 4: Construction huge, construction is huge. It's not easy to start 584 00:27:48,000 --> 00:27:49,440 Speaker 4: a construction, not easy. 585 00:27:49,720 --> 00:27:52,439 Speaker 2: And a guy doing past control like you can think. 586 00:27:52,280 --> 00:27:55,960 Speaker 3: Of control is huge, controls huge. 587 00:27:57,080 --> 00:27:59,320 Speaker 4: H fact is it's pretty big business too though, because 588 00:27:59,320 --> 00:28:01,520 Speaker 4: everybody needs a fact on a certain level, you need it. 589 00:28:02,520 --> 00:28:04,399 Speaker 5: Then somebody reach out to us about pest control and 590 00:28:04,400 --> 00:28:07,480 Speaker 5: they were like, they're running this huge business doing it 591 00:28:07,520 --> 00:28:10,000 Speaker 5: and nobody knows about it's something that we definitely want 592 00:28:10,000 --> 00:28:10,399 Speaker 5: to want. 593 00:28:10,240 --> 00:28:12,639 Speaker 4: To talk about it. But I'm just I say that 594 00:28:12,720 --> 00:28:14,000 Speaker 4: to say a lot of times we just have to 595 00:28:14,000 --> 00:28:18,480 Speaker 4: think outside of the box and think different ways. Scalable 596 00:28:18,520 --> 00:28:20,880 Speaker 4: business model, Yeah, because a lot of times, like I said, 597 00:28:20,960 --> 00:28:24,480 Speaker 4: you start a business, if it's not scalable, you're only 598 00:28:24,520 --> 00:28:27,800 Speaker 4: going to go so far right in your neighborhood. Right, 599 00:28:28,080 --> 00:28:32,840 Speaker 4: And even if there's money allocated from corporations, they can't. 600 00:28:32,960 --> 00:28:33,560 Speaker 2: It's not a fit. 601 00:28:33,600 --> 00:28:34,159 Speaker 4: It's not going to do it. 602 00:28:34,160 --> 00:28:35,800 Speaker 2: It's not it's not going to do anything right. 603 00:28:35,960 --> 00:28:39,720 Speaker 4: So all right, you got certified. How do you find these? 604 00:28:39,800 --> 00:28:42,880 Speaker 4: Is it like a database inside of the website to say, okay, 605 00:28:44,000 --> 00:28:47,880 Speaker 4: HBO is looking for construction, Like how do they work? 606 00:28:48,000 --> 00:28:52,280 Speaker 2: So every company has their own portals sometimes where you 607 00:28:52,360 --> 00:28:54,040 Speaker 2: have to go and apply in there, and that's the 608 00:28:54,040 --> 00:28:56,360 Speaker 2: biggest barrier because people have to go in each one 609 00:28:56,400 --> 00:29:01,880 Speaker 2: and then apply, right, but they are the certifying organization. 610 00:29:02,000 --> 00:29:05,200 Speaker 2: They also have a directory. So NMSDC has a directory 611 00:29:05,200 --> 00:29:08,600 Speaker 2: of suppliers and if you can keep that directory entry 612 00:29:08,680 --> 00:29:11,520 Speaker 2: up to date, people will come find you. So that's 613 00:29:11,520 --> 00:29:15,000 Speaker 2: another way where you get tapped. And so I've done 614 00:29:15,080 --> 00:29:18,840 Speaker 2: something where I've done some business with a university, and 615 00:29:19,720 --> 00:29:22,320 Speaker 2: I filled out their database and now I'm in their database. 616 00:29:22,360 --> 00:29:24,520 Speaker 2: So if they ever need somebody, they can tap it 617 00:29:24,560 --> 00:29:27,760 Speaker 2: again like they know that they can find it because 618 00:29:27,800 --> 00:29:31,000 Speaker 2: I'm in there. So once you're in, it's great and 619 00:29:31,160 --> 00:29:32,840 Speaker 2: it can work two ways. You can try to pitch 620 00:29:32,880 --> 00:29:33,760 Speaker 2: yourself or. 621 00:29:35,000 --> 00:29:37,280 Speaker 5: This episode is brought to you by P and C Bank. 622 00:29:37,640 --> 00:29:40,400 Speaker 5: A lot of people think podcasts about work are boring, 623 00:29:40,640 --> 00:29:44,480 Speaker 5: and sure they definitely can be, but understanding a professionals 624 00:29:44,560 --> 00:29:47,800 Speaker 5: routine shows us how they achieve their success little by little, 625 00:29:48,200 --> 00:29:51,840 Speaker 5: day after day. It's like banking with P and C Bank. 626 00:29:52,320 --> 00:29:55,120 Speaker 5: It might seem boring to safe plan and make calculated 627 00:29:55,120 --> 00:29:58,240 Speaker 5: decisions with your bank, but keeping your money boring is 628 00:29:58,240 --> 00:30:01,560 Speaker 5: what helps you live or more happy, fulfilled life. P 629 00:30:01,680 --> 00:30:06,520 Speaker 5: and C Bank Brilliantly Boring since eighteen sixty five. 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It's not 648 00:31:00,160 --> 00:31:03,280 Speaker 5: just about payments, it's about giving you time back so 649 00:31:03,320 --> 00:31:04,280 Speaker 5: you can focus on. 650 00:31:04,160 --> 00:31:05,640 Speaker 3: What matters most ready. 651 00:31:05,680 --> 00:31:09,040 Speaker 5: To see how Square can transform your business, visit Square 652 00:31:09,120 --> 00:31:13,640 Speaker 5: dot com backslash go backslash eyl to learn more that 653 00:31:13,840 --> 00:31:19,280 Speaker 5: Square dot com backslash, go backslash eyl. Don't wait, don't hesitate. 654 00:31:19,400 --> 00:31:21,800 Speaker 5: Let's Square handle the back end so you can keep 655 00:31:21,800 --> 00:31:23,040 Speaker 5: pushing your vision forward. 656 00:31:25,280 --> 00:31:28,960 Speaker 1: An illegal alien from Guatemala charged with raping a child 657 00:31:28,960 --> 00:31:32,760 Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador 658 00:31:33,000 --> 00:31:37,160 Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with 659 00:31:37,200 --> 00:31:41,120 Speaker 1: filming and selling child pornography in Michigan. These are just 660 00:31:41,200 --> 00:31:44,960 Speaker 1: some of the heinous migrant criminals caught because of President 661 00:31:45,000 --> 00:31:48,600 Speaker 1: Donald J. Trump's leadership. I'm Christy Nohm, the United States 662 00:31:48,600 --> 00:31:53,400 Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border 663 00:31:53,440 --> 00:31:56,960 Speaker 1: crossings are at the lowest levels ever recorded, and over 664 00:31:57,040 --> 00:32:00,320 Speaker 1: one hundred thousand illegal aliens have been arrested. If you 665 00:32:00,360 --> 00:32:04,160 Speaker 1: are here illegally, your next you will be fine nearly 666 00:32:04,280 --> 00:32:08,280 Speaker 1: one thousand dollars a day, imprisoned and deported, you will 667 00:32:08,320 --> 00:32:11,960 Speaker 1: never return. But if you register using our CBP home 668 00:32:12,000 --> 00:32:15,400 Speaker 1: app and leave now, you could be allowed to return legally. 669 00:32:15,760 --> 00:32:16,560 Speaker 1: Do what's right. 670 00:32:17,160 --> 00:32:17,960 Speaker 2: Leave now. 671 00:32:18,320 --> 00:32:22,680 Speaker 1: Under President Trump, America's laws, border and families will. 672 00:32:22,480 --> 00:32:25,360 Speaker 5: Be protected sponsored by the United States Department of Homeland Security. 673 00:32:25,480 --> 00:32:30,040 Speaker 2: You can also be tapped for that. And then on 674 00:32:30,080 --> 00:32:32,280 Speaker 2: top of that, these nonprofits like the Chambers and stuff, 675 00:32:32,320 --> 00:32:35,640 Speaker 2: they do networking events for the supplier diversity. So to 676 00:32:35,760 --> 00:32:38,560 Speaker 2: tie it all together back to the beginning, we're talking 677 00:32:38,560 --> 00:32:42,120 Speaker 2: about all the different nonprofits that do programs. Another program 678 00:32:42,200 --> 00:32:46,680 Speaker 2: is matchmaking, So they have these matchmaking fairs, matchmaking events 679 00:32:46,680 --> 00:32:49,440 Speaker 2: where you roll up with your business cards. They have 680 00:32:49,520 --> 00:32:52,840 Speaker 2: all the companies lined up. They have sessions for education. 681 00:32:53,280 --> 00:32:56,840 Speaker 2: They have booths where all the companies are there waiting 682 00:32:56,880 --> 00:32:58,760 Speaker 2: to meet you, and you can go shake hands and 683 00:32:58,800 --> 00:32:59,920 Speaker 2: meet them and it's all free. 684 00:33:00,080 --> 00:33:02,240 Speaker 4: What's the name it is, it's all. 685 00:33:02,040 --> 00:33:07,040 Speaker 2: Front it's all supplier diversity, So supplier diversity match making events, 686 00:33:07,080 --> 00:33:10,000 Speaker 2: that's what it's called. So they're they're they're ready, they're 687 00:33:10,000 --> 00:33:12,080 Speaker 2: wanting to meet you. All you got to do is 688 00:33:12,120 --> 00:33:14,160 Speaker 2: be ready with your stuff, like if you have a 689 00:33:14,240 --> 00:33:17,640 Speaker 2: one pager which is like a one page business sheet 690 00:33:18,080 --> 00:33:20,720 Speaker 2: on what your business is in your business card, and 691 00:33:20,760 --> 00:33:22,280 Speaker 2: you get ready to make a good impression. 692 00:33:22,400 --> 00:33:24,200 Speaker 3: So it's like a high level job fear almost. 693 00:33:24,400 --> 00:33:27,560 Speaker 2: Yeah, it's a matchmaking it's like it's like you know, 694 00:33:27,720 --> 00:33:32,240 Speaker 2: speed dating. Yeah, and and they're there to help you. 695 00:33:32,960 --> 00:33:35,720 Speaker 2: And even if you're not ready at that point, you 696 00:33:35,800 --> 00:33:38,520 Speaker 2: will if you make a good impression, that'll keep you 697 00:33:38,560 --> 00:33:42,640 Speaker 2: in mind. And then they nominate you for programs. So 698 00:33:42,680 --> 00:33:46,600 Speaker 2: there are these programs where you get put in Academy 699 00:33:47,040 --> 00:33:51,200 Speaker 2: for for entrepreneurs. Macy's had an academy for entrepreneurs. A 700 00:33:51,240 --> 00:33:54,000 Speaker 2: friend of mine went through Macy's Academy for Entrepreneurs. She 701 00:33:54,080 --> 00:33:58,760 Speaker 2: Latino woman latina' black and she got put through Macy's Academy. 702 00:33:59,320 --> 00:34:03,200 Speaker 2: Or there's another one, Goldman Sachs. It's called ten Thousand 703 00:34:03,240 --> 00:34:06,080 Speaker 2: Small Businesses, and you can go and you learn souped 704 00:34:06,200 --> 00:34:10,240 Speaker 2: up financial education. So once you're past the financial literacy, 705 00:34:10,480 --> 00:34:13,320 Speaker 2: you know, the foundational stuff, they teach you the next level. 706 00:34:13,880 --> 00:34:16,839 Speaker 2: And if the company likes you, even though you haven't 707 00:34:16,880 --> 00:34:19,719 Speaker 2: done business with them yet, they'll put you through that 708 00:34:19,880 --> 00:34:23,319 Speaker 2: program to get you ready to do business with them. 709 00:34:23,400 --> 00:34:24,360 Speaker 2: It's all to help. 710 00:34:24,880 --> 00:34:26,920 Speaker 4: Yeah, the Goldman program is good. I actually know a 711 00:34:26,920 --> 00:34:30,080 Speaker 4: few people that went through that. It's like a college 712 00:34:30,080 --> 00:34:34,760 Speaker 4: course pretty much, and they teach you high level business 713 00:34:34,760 --> 00:34:37,600 Speaker 4: planning and how to you know, succeed a lot of 714 00:34:37,680 --> 00:34:42,000 Speaker 4: times most businesses fail because of lack of education and planning. 715 00:34:42,040 --> 00:34:44,040 Speaker 2: Lack of planning right, right, but like. 716 00:34:44,000 --> 00:34:46,319 Speaker 4: They don't really know, they don't understand business. They might 717 00:34:46,360 --> 00:34:48,920 Speaker 4: be passionate about what they do. Like if you're a 718 00:34:48,960 --> 00:34:51,839 Speaker 4: restaurant owner, you might be a great chef, but if 719 00:34:51,840 --> 00:34:54,160 Speaker 4: you don't understand payroll and you don't understand like what's 720 00:34:54,200 --> 00:34:56,040 Speaker 4: the good time to open your restaurantf you don't understand 721 00:34:56,040 --> 00:35:00,120 Speaker 4: the basic business principles, you're going to fail. Right, So 722 00:35:00,400 --> 00:35:02,880 Speaker 4: this is what the podcast is about. But also it's 723 00:35:03,320 --> 00:35:06,320 Speaker 4: important for people to seek resources outside of the podcast, 724 00:35:06,360 --> 00:35:09,120 Speaker 4: So it's great information I should provide. And so one 725 00:35:09,160 --> 00:35:10,759 Speaker 4: of the questions that I have was the bid you had. 726 00:35:10,880 --> 00:35:14,600 Speaker 4: You said something about like the corporations they bid, right, 727 00:35:14,640 --> 00:35:15,840 Speaker 4: what's the bid process? 728 00:35:15,920 --> 00:35:20,680 Speaker 2: Yeah, so when they're looking for something, that's called a 729 00:35:20,719 --> 00:35:24,840 Speaker 2: request for proposals or they are looking for a bid. 730 00:35:25,239 --> 00:35:27,200 Speaker 2: So a bid is like it's like an auction, like 731 00:35:27,280 --> 00:35:31,040 Speaker 2: I bid this, Like they're looking for you to bid 732 00:35:31,120 --> 00:35:35,000 Speaker 2: your services. So you would go and say, I have 733 00:35:35,280 --> 00:35:39,600 Speaker 2: this product and here's what my cost is. If you 734 00:35:39,640 --> 00:35:42,000 Speaker 2: want to hire me for my product or my service, 735 00:35:42,440 --> 00:35:44,320 Speaker 2: and I'm going to put my name in the hat 736 00:35:44,360 --> 00:35:48,400 Speaker 2: to try to get that money or that contract and 737 00:35:48,480 --> 00:35:51,560 Speaker 2: they'll review it. And if it's between you and someone 738 00:35:51,560 --> 00:35:55,839 Speaker 2: else and you have minority certification, you will get it 739 00:35:56,040 --> 00:35:58,520 Speaker 2: because they need those numbers, they need to fulfill this 740 00:35:58,640 --> 00:36:01,239 Speaker 2: quota that they have, so it's worth it to get 741 00:36:01,239 --> 00:36:03,680 Speaker 2: the certification. If you like, no, no, no, I'm good, 742 00:36:04,080 --> 00:36:06,160 Speaker 2: Like I can get it on my own, Like sure, 743 00:36:06,200 --> 00:36:07,520 Speaker 2: you can go and get it on your own, but 744 00:36:07,560 --> 00:36:09,640 Speaker 2: if it's between you and someone else who has a certification, 745 00:36:09,680 --> 00:36:11,319 Speaker 2: they're going to get it, so you might as well 746 00:36:11,320 --> 00:36:11,920 Speaker 2: go and get it. 747 00:36:12,040 --> 00:36:14,440 Speaker 3: Where do these bids take place and how often do 748 00:36:14,480 --> 00:36:14,880 Speaker 3: they occur? 749 00:36:15,360 --> 00:36:19,719 Speaker 2: So if you aren't in a good relationship with the company, 750 00:36:20,080 --> 00:36:22,960 Speaker 2: they will actually contact you and let you know when 751 00:36:23,000 --> 00:36:25,040 Speaker 2: it's coming. So that's one way. That's like the whole 752 00:36:25,120 --> 00:36:28,040 Speaker 2: relationship thing, like everything in the world. If you know someone, 753 00:36:28,080 --> 00:36:30,560 Speaker 2: you're gonna find out. So that's one thing. The other 754 00:36:30,600 --> 00:36:34,000 Speaker 2: one is these fares. They tell you when they're upcoming bids. 755 00:36:34,560 --> 00:36:36,719 Speaker 2: So at those booths I was just talking about, they'll 756 00:36:36,719 --> 00:36:38,799 Speaker 2: handout papers and say we have this stuff coming up. 757 00:36:39,040 --> 00:36:41,359 Speaker 2: It's not out yet, but it will be. And then 758 00:36:41,400 --> 00:36:43,680 Speaker 2: another thing is they might have an online portal where 759 00:36:43,719 --> 00:36:47,120 Speaker 2: they have, you know, information that they share. So if 760 00:36:47,160 --> 00:36:50,680 Speaker 2: you're in the category of that service, like I do 761 00:36:50,760 --> 00:36:54,640 Speaker 2: training consulting, so I'm on these directories, so I will 762 00:36:54,640 --> 00:36:57,680 Speaker 2: get an email that says, hey, we've got a bid 763 00:36:57,719 --> 00:37:01,279 Speaker 2: out for these services, and it'll say what services, and 764 00:37:01,320 --> 00:37:03,120 Speaker 2: I can decide if I want to apply for or not. 765 00:37:03,760 --> 00:37:05,879 Speaker 2: So those are a few ways that you can find out. 766 00:37:05,920 --> 00:37:08,520 Speaker 2: And then the nonprofits also get contacted like yo, like 767 00:37:08,560 --> 00:37:10,960 Speaker 2: we need someone now, like we need this person, so 768 00:37:11,000 --> 00:37:13,680 Speaker 2: that happened with my friend with pest control where they're like, yo, 769 00:37:13,800 --> 00:37:16,160 Speaker 2: like we need a pest control company. So I sent 770 00:37:16,200 --> 00:37:19,480 Speaker 2: my client out and he got to do a walk 771 00:37:19,520 --> 00:37:22,799 Speaker 2: through this like major venue here in LA And I'm 772 00:37:22,840 --> 00:37:26,120 Speaker 2: so proud of this Filipido guy and he's walking with 773 00:37:26,160 --> 00:37:29,640 Speaker 2: all these like major companies and he had a shot 774 00:37:30,040 --> 00:37:32,600 Speaker 2: right It's because he knew me through a nonprofit that 775 00:37:32,640 --> 00:37:36,120 Speaker 2: wasn't out on some internet website. That was because someone 776 00:37:36,360 --> 00:37:38,600 Speaker 2: like emailed me and was like, hey, look, you know anyone. 777 00:37:38,600 --> 00:37:40,279 Speaker 2: I'm like, yeah, I know someone else, send him right now. 778 00:37:41,000 --> 00:37:43,760 Speaker 2: So it's it's all all of the different ways. 779 00:37:44,000 --> 00:37:47,680 Speaker 4: So does the lowest bidder always get the job or no. 780 00:37:47,920 --> 00:37:50,440 Speaker 2: It's a few things. They want to trust you, they 781 00:37:50,440 --> 00:37:52,440 Speaker 2: want to see your track record. They also want to 782 00:37:52,440 --> 00:37:55,800 Speaker 2: see your potential, and they will give it a shot 783 00:37:55,840 --> 00:37:57,600 Speaker 2: if they think that like you'll do good. 784 00:37:58,040 --> 00:38:00,400 Speaker 4: The great thing about this whole situation is that I 785 00:38:00,440 --> 00:38:03,480 Speaker 4: actually went through this before, so I could speak on 786 00:38:03,480 --> 00:38:05,759 Speaker 4: the first hand and sometimes, like literally you could just 787 00:38:05,800 --> 00:38:09,040 Speaker 4: fall into money. Because so there was a school that 788 00:38:09,120 --> 00:38:14,560 Speaker 4: I was working with as an independent contractor and they 789 00:38:14,560 --> 00:38:18,520 Speaker 4: had a program called My Brother's Keeper Initiative. President Obama. 790 00:38:18,880 --> 00:38:21,520 Speaker 4: Anybody's not familiar. President Obama put together a program called 791 00:38:21,520 --> 00:38:24,560 Speaker 4: My Brother's Keeper and it was to give money to 792 00:38:24,960 --> 00:38:28,719 Speaker 4: school districts and other type of community. Oh so you sure. 793 00:38:29,000 --> 00:38:32,400 Speaker 4: It was for them to bring in outside resources to 794 00:38:32,400 --> 00:38:35,799 Speaker 4: add to their curriculum. So they got a budget and 795 00:38:37,040 --> 00:38:40,040 Speaker 4: they had to fulfill the first twenty percent of that 796 00:38:40,239 --> 00:38:46,319 Speaker 4: with minority women business enterprise thing, and they couldn't They 797 00:38:46,320 --> 00:38:49,080 Speaker 4: couldn't do anything else until they filled that. The problem 798 00:38:49,120 --> 00:38:52,719 Speaker 4: with it is that they didn't have they they didn't 799 00:38:52,760 --> 00:38:55,640 Speaker 4: have the didn't know they were doing. So literally, if 800 00:38:55,760 --> 00:38:58,960 Speaker 4: in that situation, if you you could have just stumbled 801 00:38:59,280 --> 00:39:02,120 Speaker 4: and got paid because they were looking for and what 802 00:39:02,160 --> 00:39:05,319 Speaker 4: they were looking for was like anything that they can 803 00:39:05,320 --> 00:39:06,960 Speaker 4: bring into their school district. So I think they had 804 00:39:06,960 --> 00:39:11,000 Speaker 4: a program for like video gaming. It was complete nonsense. 805 00:39:11,080 --> 00:39:13,160 Speaker 4: But the whole thing about it is it. 806 00:39:13,120 --> 00:39:14,200 Speaker 3: Was grossly mismanaged. 807 00:39:14,360 --> 00:39:17,319 Speaker 4: Yeahs manage. Yeah it was, Yeah, it was terribly But 808 00:39:17,360 --> 00:39:20,919 Speaker 4: the thing about it was, to their credit, they didn't 809 00:39:20,960 --> 00:39:22,560 Speaker 4: really have too many options and then they had to 810 00:39:22,560 --> 00:39:24,120 Speaker 4: really do it in like a three month window. Like 811 00:39:24,160 --> 00:39:26,120 Speaker 4: you said, it's just sometimes like. 812 00:39:26,200 --> 00:39:29,200 Speaker 2: Damn, we need this now, and then they they're like, well, 813 00:39:29,320 --> 00:39:32,279 Speaker 2: like anyone know anybody, so they start like hunting for it. 814 00:39:32,400 --> 00:39:35,160 Speaker 4: No, you could have had any program, anything that you had. 815 00:39:35,480 --> 00:39:37,840 Speaker 4: I could have pitched it to the school district and 816 00:39:38,239 --> 00:39:40,440 Speaker 4: you could have got a nice check for that. Because 817 00:39:40,440 --> 00:39:42,480 Speaker 4: they had they had they had right time, right, they 818 00:39:42,520 --> 00:39:44,120 Speaker 4: had to use the money. They had to use the money. 819 00:39:44,120 --> 00:39:47,399 Speaker 4: It was over six figures six six six figures yep, 820 00:39:47,480 --> 00:39:51,640 Speaker 4: they had to use it and one year spent and 821 00:39:51,800 --> 00:39:54,880 Speaker 4: they only had like thirty days to implement their first program, 822 00:39:54,920 --> 00:39:58,319 Speaker 4: their first phase of it. So you could have just 823 00:39:58,320 --> 00:40:01,040 Speaker 4: walked into probably like twenty thousand dollars just by accident. 824 00:40:01,760 --> 00:40:04,800 Speaker 2: So that's the thing you're talking about. It's time because 825 00:40:04,880 --> 00:40:07,279 Speaker 2: every year these companies have a goal, they have a 826 00:40:07,360 --> 00:40:10,000 Speaker 2: quota they have to hit, and so they're running up 827 00:40:10,000 --> 00:40:12,840 Speaker 2: against the clock where they have to they have to 828 00:40:13,000 --> 00:40:14,400 Speaker 2: they have got to find it. Do you see what 829 00:40:14,480 --> 00:40:16,719 Speaker 2: I'm saying? Right, So it's like make it easy for them. 830 00:40:16,840 --> 00:40:19,960 Speaker 2: Get yourself ready, like get know them and then and 831 00:40:20,200 --> 00:40:21,080 Speaker 2: help them find you. 832 00:40:21,320 --> 00:40:22,719 Speaker 5: That's the first thing we said when we met each 833 00:40:22,719 --> 00:40:25,920 Speaker 5: other today. It was like you ready to get ready? Right? 834 00:40:26,080 --> 00:40:26,160 Speaker 3: Right? 835 00:40:26,239 --> 00:40:28,400 Speaker 2: You ready? And were they ready? So you don't have 836 00:40:28,480 --> 00:40:29,480 Speaker 2: to get ready, that's a. 837 00:40:29,520 --> 00:40:33,319 Speaker 4: Fact, right, And you were saying that they have like 838 00:40:33,320 --> 00:40:37,080 Speaker 4: like parties, graduation and stuff like that, like for these so. 839 00:40:37,440 --> 00:40:42,560 Speaker 2: They have gala lunches, like they're basically celebrations and awards ceremonies. 840 00:40:42,840 --> 00:40:45,759 Speaker 2: So once you're doing good and you get recognized, they 841 00:40:45,760 --> 00:40:49,839 Speaker 2: will actually honor you at an awards ceremony as a 842 00:40:49,880 --> 00:40:53,080 Speaker 2: proud minority business, which is amazing. So not only are 843 00:40:53,120 --> 00:40:55,359 Speaker 2: you getting paid, you got the contract, but now you're 844 00:40:55,360 --> 00:40:57,680 Speaker 2: getting an award. And what happens when you get an 845 00:40:57,719 --> 00:41:00,200 Speaker 2: award other people see you in the room, and then 846 00:41:00,200 --> 00:41:04,080 Speaker 2: the other companies like, yeah, oh we'll get him too, 847 00:41:04,520 --> 00:41:07,040 Speaker 2: and then you get more because you're trusted and like 848 00:41:07,040 --> 00:41:08,960 Speaker 2: oh they got an award, Okay, I'm gonna trust them. 849 00:41:09,000 --> 00:41:12,120 Speaker 2: So then you get more. So it's it just multiplies 850 00:41:12,120 --> 00:41:16,000 Speaker 2: and amplifies, and so the trajectory is like amazing, Like 851 00:41:16,080 --> 00:41:19,799 Speaker 2: there's so much opportunity here. And I was inspired. I've 852 00:41:19,800 --> 00:41:21,440 Speaker 2: been a lot of these. It is because of part 853 00:41:21,480 --> 00:41:23,880 Speaker 2: of the nonprofit. So I got invited as a community 854 00:41:23,920 --> 00:41:27,080 Speaker 2: member and I was inspired. And these people are making 855 00:41:27,280 --> 00:41:31,040 Speaker 2: bank like like they're small businesses, and then the medium 856 00:41:31,080 --> 00:41:33,080 Speaker 2: and then that they're the ones doing millions. 857 00:41:33,200 --> 00:41:36,560 Speaker 4: You got to be a diplomat in this world, especially 858 00:41:36,640 --> 00:41:40,200 Speaker 4: in business. A lot of times people have different views, 859 00:41:40,360 --> 00:41:42,680 Speaker 4: especially entrepreneurs, like they don't really want any help. A 860 00:41:42,719 --> 00:41:45,279 Speaker 4: lot of time anyone through things themselves. And I respect that. 861 00:41:45,760 --> 00:41:51,920 Speaker 4: But but if there are ways to actually accelerate your 862 00:41:51,960 --> 00:41:55,080 Speaker 4: business and to get money, and like I said, I've 863 00:41:55,080 --> 00:41:57,360 Speaker 4: seen it firsthand where you can literally stumble into money, 864 00:41:57,640 --> 00:42:00,160 Speaker 4: you have to really ask yourself is it beneficial to 865 00:42:01,360 --> 00:42:06,520 Speaker 4: fight against a wave or to surf serve it? Because 866 00:42:06,520 --> 00:42:09,000 Speaker 4: they're already they're gonna use somebody regardless. 867 00:42:08,800 --> 00:42:09,520 Speaker 2: That's the thing. 868 00:42:10,040 --> 00:42:12,160 Speaker 3: The money's going after it could be you or can 869 00:42:12,160 --> 00:42:12,600 Speaker 3: that be you? 870 00:42:12,680 --> 00:42:14,960 Speaker 2: Right? Might as well make it go and take it right. 871 00:42:15,080 --> 00:42:16,680 Speaker 5: Yeah, And like you said, I had a quick question 872 00:42:16,719 --> 00:42:19,719 Speaker 5: about so when you have clients, right, you do the 873 00:42:19,760 --> 00:42:22,560 Speaker 5: coaching part and more clients you get, are you compensated 874 00:42:22,560 --> 00:42:24,080 Speaker 5: each time they get a new too or is it 875 00:42:24,160 --> 00:42:25,360 Speaker 5: just the once they find it? 876 00:42:25,400 --> 00:42:25,480 Speaker 6: Do? 877 00:42:25,520 --> 00:42:26,160 Speaker 3: How's that work for you? 878 00:42:26,280 --> 00:42:26,440 Speaker 4: Well? 879 00:42:26,480 --> 00:42:29,360 Speaker 2: I do also coaching just to get people started, so 880 00:42:29,360 --> 00:42:32,359 Speaker 2: it's an hourly rate. I do group coaching as well. 881 00:42:32,520 --> 00:42:34,960 Speaker 2: So if people you just want to learn more, that's 882 00:42:35,000 --> 00:42:37,799 Speaker 2: the thing. And then after that also to help them out, 883 00:42:37,880 --> 00:42:39,880 Speaker 2: like we can work it out whatever works for people. 884 00:42:40,200 --> 00:42:42,840 Speaker 2: I also am, I'm like, I want to give back, 885 00:42:42,920 --> 00:42:45,560 Speaker 2: So I don't want anyone to be like I don't 886 00:42:45,560 --> 00:42:47,560 Speaker 2: know what to do, or you know, like I will help. 887 00:42:47,680 --> 00:42:50,840 Speaker 2: So there's educational resources, there's ways that they can you know, 888 00:42:50,880 --> 00:42:51,440 Speaker 2: find out more. 889 00:42:51,520 --> 00:42:53,560 Speaker 4: Yeah, I can do that for sure. So that leads 890 00:42:53,600 --> 00:42:56,160 Speaker 4: us into our last segment, which we're going to talk 891 00:42:56,200 --> 00:43:00,640 Speaker 4: about business coaching, right, So, yes, that's what we're going 892 00:43:00,680 --> 00:43:03,879 Speaker 4: to next. All right, So in the last segment, we're 893 00:43:03,880 --> 00:43:06,040 Speaker 4: gonna we're gonna keep it in the world the business, 894 00:43:06,080 --> 00:43:07,960 Speaker 4: but a little different conversation because a lot of times 895 00:43:08,000 --> 00:43:13,239 Speaker 4: when we tried to releases highlight every area of entrepreneurship 896 00:43:13,280 --> 00:43:16,280 Speaker 4: and business ship and just business owners and just everything. 897 00:43:16,360 --> 00:43:19,240 Speaker 4: So being a business coach not something that we've actually 898 00:43:19,239 --> 00:43:21,560 Speaker 4: covered so far, so I think this would be a 899 00:43:21,560 --> 00:43:24,120 Speaker 4: good way to cover it. So you're a business coach, right, 900 00:43:24,160 --> 00:43:28,399 Speaker 4: that's right? Okay, So what does it mean? Because I've 901 00:43:28,400 --> 00:43:31,680 Speaker 4: heard this term before and I'm still not exactly sure 902 00:43:31,719 --> 00:43:34,560 Speaker 4: what a business coach does. So what does it mean 903 00:43:34,600 --> 00:43:36,440 Speaker 4: to be a business coach? 904 00:43:36,800 --> 00:43:39,600 Speaker 2: So what I do is I help people who are stuck. 905 00:43:39,920 --> 00:43:41,799 Speaker 2: They have an idea and they don't know where to 906 00:43:41,880 --> 00:43:44,840 Speaker 2: go with it, or maybe they're at a certain point 907 00:43:45,280 --> 00:43:47,360 Speaker 2: and they can't get past it. And so what I 908 00:43:47,360 --> 00:43:51,919 Speaker 2: can do is help with that, to help give strategies, tools, resources, 909 00:43:52,320 --> 00:43:55,400 Speaker 2: and put them in touch with people or even you know, 910 00:43:55,440 --> 00:43:57,520 Speaker 2: give them some ideas on their business plan to help 911 00:43:57,560 --> 00:44:00,960 Speaker 2: them along. So it's like a consultant is a consult right. 912 00:44:01,239 --> 00:44:03,160 Speaker 2: But the thing with coaching is like sometimes it's a 913 00:44:03,200 --> 00:44:05,680 Speaker 2: personal block, Like maybe you're stuck in your head about 914 00:44:05,680 --> 00:44:08,520 Speaker 2: something and you need like you know, life coaching, or 915 00:44:08,600 --> 00:44:11,279 Speaker 2: you need, you know, a pep talk before you go 916 00:44:11,360 --> 00:44:13,160 Speaker 2: into that meeting where you're going to do a bid 917 00:44:13,239 --> 00:44:15,680 Speaker 2: like what we're talking about. So sometimes you need a coach. 918 00:44:15,880 --> 00:44:18,080 Speaker 2: This is like sports coach, like you need someone to 919 00:44:18,120 --> 00:44:20,600 Speaker 2: tack you through like the play right. So if you're 920 00:44:20,640 --> 00:44:22,520 Speaker 2: on the floor right and you're like, okay, there's three 921 00:44:22,560 --> 00:44:24,440 Speaker 2: minutes left on the clock, what are you going to do? 922 00:44:24,800 --> 00:44:26,600 Speaker 2: Like the coach will know what to do because you're 923 00:44:26,600 --> 00:44:28,759 Speaker 2: in the game. You're playing. You're like, yo, like I 924 00:44:28,760 --> 00:44:30,759 Speaker 2: don't know what to do. So it's like do I 925 00:44:30,760 --> 00:44:33,080 Speaker 2: shoot it? I passed? What do I do? So the 926 00:44:33,120 --> 00:44:34,839 Speaker 2: coach is going to help you through that. That's what's 927 00:44:34,840 --> 00:44:35,319 Speaker 2: gonna happen. 928 00:44:35,400 --> 00:44:38,040 Speaker 3: That's a pretty good analogy. So are you day to 929 00:44:38,080 --> 00:44:40,080 Speaker 3: day with the clients or are you meeting weekly? How 930 00:44:40,080 --> 00:44:40,480 Speaker 3: does that work? 931 00:44:40,560 --> 00:44:43,080 Speaker 2: Usually it's like every couple of weeks we do a 932 00:44:43,160 --> 00:44:46,120 Speaker 2: check in or a month. Some people stretch it out 933 00:44:46,160 --> 00:44:48,080 Speaker 2: where they're like, I'm good, Like we can talk in 934 00:44:48,120 --> 00:44:50,960 Speaker 2: a month. It's a package. So you can do a 935 00:44:51,040 --> 00:44:54,239 Speaker 2: series with me, and then after that, you know, you 936 00:44:54,280 --> 00:44:57,400 Speaker 2: can go from there. I also have group coaching sessions 937 00:44:57,400 --> 00:45:00,640 Speaker 2: so people can join those, so that's more affordable with them. Well, 938 00:45:00,640 --> 00:45:03,799 Speaker 2: we don't have our culturally competent coaches. We don't have 939 00:45:03,880 --> 00:45:05,960 Speaker 2: people that know how to talk our language, like yo, 940 00:45:06,080 --> 00:45:08,879 Speaker 2: like I got you know, my grandma at home, she's sick. 941 00:45:09,040 --> 00:45:12,080 Speaker 2: Like people are just looking at your profit and loss statement. 942 00:45:12,120 --> 00:45:13,920 Speaker 2: They don't know all this other stuff. So what I 943 00:45:14,000 --> 00:45:17,560 Speaker 2: do is I incorporate the cultural knowledge and respect in 944 00:45:17,600 --> 00:45:20,320 Speaker 2: that and talk the language that you know, and also 945 00:45:20,520 --> 00:45:22,839 Speaker 2: incorporate that into your plan because you can't just make 946 00:45:22,840 --> 00:45:24,799 Speaker 2: a plan without thinking about your family. You can't just 947 00:45:24,840 --> 00:45:27,799 Speaker 2: make a plan without you know, thinking about how you 948 00:45:27,840 --> 00:45:30,160 Speaker 2: do business because you're not going to compromise your culture. 949 00:45:30,360 --> 00:45:32,719 Speaker 2: You're not going to compromise yourself ethically because you're not 950 00:45:32,760 --> 00:45:35,120 Speaker 2: going to survive. If you're someone else through all of this, 951 00:45:35,440 --> 00:45:38,000 Speaker 2: then you're not going to survive because that's only going 952 00:45:38,040 --> 00:45:39,480 Speaker 2: to last like a flash in the pan, and then 953 00:45:39,480 --> 00:45:41,799 Speaker 2: you're done, or even worse, you're going to turn into 954 00:45:41,840 --> 00:45:44,160 Speaker 2: someone that you can't look in the mirror and respect anymore. 955 00:45:44,400 --> 00:45:46,399 Speaker 2: So what I do is I honor that in you, 956 00:45:46,480 --> 00:45:48,200 Speaker 2: Like I'm like, what do you want to do? What 957 00:45:48,239 --> 00:45:50,200 Speaker 2: do you want to do? Like in there, what do 958 00:45:50,320 --> 00:45:52,360 Speaker 2: you want to do? Versus like what should I do? 959 00:45:52,440 --> 00:45:53,759 Speaker 2: Or what the world's telling me to do or what 960 00:45:53,760 --> 00:45:56,080 Speaker 2: my mom's telling me to do? You know. So that's 961 00:45:56,120 --> 00:45:57,840 Speaker 2: what comes out of the coaching. 962 00:45:57,520 --> 00:46:01,240 Speaker 4: Really not as powerful. It's honorable. A lot of people 963 00:46:01,280 --> 00:46:03,839 Speaker 4: have compromised their culture, but it's a different conversation. So 964 00:46:03,880 --> 00:46:06,160 Speaker 4: all right, so let's say I want to let's say 965 00:46:06,200 --> 00:46:09,000 Speaker 4: I want to become a business coach. Right, Yeah, I'm 966 00:46:09,040 --> 00:46:10,799 Speaker 4: tired of the podcast. I can't take it any more. 967 00:46:10,880 --> 00:46:12,920 Speaker 4: I just want to just start coaching people in their business. 968 00:46:13,920 --> 00:46:14,960 Speaker 4: How do I do that? 969 00:46:15,239 --> 00:46:18,040 Speaker 2: Well, you got to be informed and figure out what 970 00:46:18,080 --> 00:46:20,720 Speaker 2: it is that you know. So maybe you're a strategy person, 971 00:46:20,880 --> 00:46:23,640 Speaker 2: like you know how to help people to like use 972 00:46:23,680 --> 00:46:25,960 Speaker 2: the dynamics, Like you know how to how to operate 973 00:46:26,000 --> 00:46:28,920 Speaker 2: within a company or operate like within an organization. That's 974 00:46:28,920 --> 00:46:31,280 Speaker 2: your thing. Or maybe you're a really good like business 975 00:46:31,280 --> 00:46:33,600 Speaker 2: plan person, like you're you know how to make the 976 00:46:33,640 --> 00:46:35,799 Speaker 2: business plan. So you figure out what it is that 977 00:46:35,880 --> 00:46:37,879 Speaker 2: you know and what you want to teach and how 978 00:46:37,920 --> 00:46:39,920 Speaker 2: you teach, and that's what you go with. You go 979 00:46:40,000 --> 00:46:41,319 Speaker 2: with what you know and what you're good at. 980 00:46:41,360 --> 00:46:43,440 Speaker 4: How do you how do you market it? How do 981 00:46:43,560 --> 00:46:44,480 Speaker 4: you personally? 982 00:46:44,600 --> 00:46:48,440 Speaker 2: Me personally? It was all word of mouth, so people 983 00:46:48,480 --> 00:46:50,839 Speaker 2: it gone on the street like, oh here, you want 984 00:46:50,880 --> 00:46:52,600 Speaker 2: to know someone here, talk to her, and so it 985 00:46:52,640 --> 00:46:54,799 Speaker 2: was word of mouth referral. The best thing out there 986 00:46:54,840 --> 00:46:56,960 Speaker 2: is your name and your brand. That's the best thing 987 00:46:57,000 --> 00:46:59,320 Speaker 2: out there. You got to keep that clean and shiny 988 00:46:59,440 --> 00:47:02,280 Speaker 2: and true. And once you have that, you're good because 989 00:47:02,280 --> 00:47:05,040 Speaker 2: people will know good people, attractive people. Right, look at 990 00:47:05,040 --> 00:47:05,759 Speaker 2: how we all met. 991 00:47:06,239 --> 00:47:08,680 Speaker 3: It just happens story, so. 992 00:47:08,640 --> 00:47:11,239 Speaker 2: You kind of manifest it. Like if you've heard of 993 00:47:11,239 --> 00:47:13,799 Speaker 2: this book, it's called The Secret. The secret is like 994 00:47:14,120 --> 00:47:16,359 Speaker 2: how do you have people have things come to you? 995 00:47:16,600 --> 00:47:19,279 Speaker 2: And there's a dude right, and he's like, look, I 996 00:47:19,280 --> 00:47:20,719 Speaker 2: want to make a million dollars, so I'm going to 997 00:47:20,719 --> 00:47:22,480 Speaker 2: write a check and put it on my ceiling. I'm 998 00:47:22,480 --> 00:47:24,480 Speaker 2: gonna stare at that thing every day. So that was 999 00:47:24,520 --> 00:47:27,440 Speaker 2: what he manifested. He manifested it, and that's what you 1000 00:47:27,440 --> 00:47:29,640 Speaker 2: can do with any of this stuff. 1001 00:47:30,040 --> 00:47:31,880 Speaker 4: So what's the pricing model? 1002 00:47:31,960 --> 00:47:36,000 Speaker 2: Like for coaching, I have a sliding scale so I 1003 00:47:36,000 --> 00:47:39,759 Speaker 2: can work with folks. So my corporate consulting rates are 1004 00:47:39,800 --> 00:47:41,839 Speaker 2: like three fifty an hour. But that's like if you're 1005 00:47:41,880 --> 00:47:44,080 Speaker 2: at the point where, look, I need it quick and 1006 00:47:44,120 --> 00:47:45,799 Speaker 2: I need I know exactly what I need, and you 1007 00:47:45,880 --> 00:47:47,960 Speaker 2: come and I'll give you that. If you want like 1008 00:47:48,120 --> 00:47:50,960 Speaker 2: group coaching, I can do you know, different rates for that. 1009 00:47:50,960 --> 00:47:53,400 Speaker 2: That's like a package. And then I do do like, 1010 00:47:53,640 --> 00:47:55,279 Speaker 2: you know, a sliding scale rate, so if you need 1011 00:47:55,320 --> 00:47:57,080 Speaker 2: to talk to me, it's like one hundred and fifty bucks. 1012 00:47:57,160 --> 00:47:59,359 Speaker 2: But the thing is just like, oh that's expensive. Okay, 1013 00:47:59,440 --> 00:48:02,120 Speaker 2: you want to waste your time, like you know, darting 1014 00:48:02,160 --> 00:48:05,560 Speaker 2: around doing the wrong thing. It's like, you you pay 1015 00:48:05,640 --> 00:48:08,680 Speaker 2: for quality out here, so invest in yourself. Don't buy 1016 00:48:08,680 --> 00:48:11,160 Speaker 2: those movie tickets for one night. You know what I'm saying. Like, 1017 00:48:11,239 --> 00:48:13,880 Speaker 2: don't buy that purse like you're in your leisure. We 1018 00:48:13,920 --> 00:48:15,759 Speaker 2: got to earn it. So put the put the money in, 1019 00:48:15,840 --> 00:48:17,759 Speaker 2: put the time and save the money, don't go out 1020 00:48:17,760 --> 00:48:21,280 Speaker 2: to eat, make that lunch right, and and invest in yourself. 1021 00:48:21,320 --> 00:48:22,319 Speaker 2: That's what people need to do. 1022 00:48:22,680 --> 00:48:27,000 Speaker 5: You know, is your coach in uh California base or 1023 00:48:27,040 --> 00:48:27,359 Speaker 5: do you? 1024 00:48:27,400 --> 00:48:29,440 Speaker 3: Because I notice that you you travel around. 1025 00:48:29,200 --> 00:48:32,520 Speaker 2: And speak about travel and speak a lot areas as well. 1026 00:48:33,360 --> 00:48:36,080 Speaker 2: Well that's all online so we can talk on zoom 1027 00:48:36,080 --> 00:48:37,799 Speaker 2: and it's like I'm in your living room, you know, 1028 00:48:38,280 --> 00:48:40,880 Speaker 2: like we can talk on video call and like you 1029 00:48:40,920 --> 00:48:44,759 Speaker 2: feel so close in that conversation. I do too that 1030 00:48:44,880 --> 00:48:47,239 Speaker 2: it's it's almost like we're in person. So that's the 1031 00:48:47,360 --> 00:48:50,040 Speaker 2: wonder and beauty of technology is that that can happen. 1032 00:48:50,160 --> 00:48:53,120 Speaker 4: So there's really no set standard for for pricing, like 1033 00:48:53,200 --> 00:48:55,239 Speaker 4: you could just you just it's like a psychologist, you 1034 00:48:55,239 --> 00:48:56,120 Speaker 4: just do whatever you want to do. 1035 00:48:56,520 --> 00:48:59,520 Speaker 2: Well you can, yeah, but it's like you all. 1036 00:48:59,440 --> 00:49:02,560 Speaker 4: In scale industry standard Like no, no. 1037 00:49:02,480 --> 00:49:04,759 Speaker 2: It's like I'm certified. So that's the thing. I have 1038 00:49:04,840 --> 00:49:08,799 Speaker 2: financial certification. I'm totally certified. I have National Development Council certification. 1039 00:49:08,840 --> 00:49:11,640 Speaker 2: I also have coaching certifications. So all of that is like, 1040 00:49:12,080 --> 00:49:15,000 Speaker 2: that's fine, that'll, you know, help your rate along. But 1041 00:49:15,040 --> 00:49:17,440 Speaker 2: if people like you, you'll pay. I knew dude I 1042 00:49:17,520 --> 00:49:20,120 Speaker 2: heard about he's like charging five thousand dollars for an hour, 1043 00:49:20,480 --> 00:49:22,279 Speaker 2: and it's like, are you for real? People who were 1044 00:49:22,280 --> 00:49:25,520 Speaker 2: buying that because he was good. So it's it's really 1045 00:49:25,600 --> 00:49:27,480 Speaker 2: up to you. I try to make it accessible though, 1046 00:49:27,520 --> 00:49:28,200 Speaker 2: So we. 1047 00:49:28,120 --> 00:49:30,520 Speaker 4: Had shout out to Alex. He was he's in a 1048 00:49:30,560 --> 00:49:34,040 Speaker 4: trucking industry and he said he charged ten thousand dollars 1049 00:49:34,440 --> 00:49:36,080 Speaker 4: and he had an eight month waiting list. 1050 00:49:37,040 --> 00:49:41,879 Speaker 2: That's what I'm saying, so you know, catch me now. 1051 00:49:43,800 --> 00:49:49,960 Speaker 5: So yes, the price is the price. 1052 00:49:49,840 --> 00:49:52,719 Speaker 2: Is going on, but I give a lap back. So 1053 00:49:53,040 --> 00:49:56,000 Speaker 2: I give in ways like I can tell when I 1054 00:49:56,040 --> 00:49:59,000 Speaker 2: can figure out a way for it to work. So 1055 00:50:00,280 --> 00:50:02,719 Speaker 2: you know, I might be in your neighborhood and I'll 1056 00:50:02,719 --> 00:50:05,120 Speaker 2: be doing a talk and maybe you can check it out. 1057 00:50:05,200 --> 00:50:08,600 Speaker 2: So if folks keep in touch with me on social 1058 00:50:08,840 --> 00:50:11,279 Speaker 2: or are on my email list, then you can find 1059 00:50:11,320 --> 00:50:12,960 Speaker 2: out when I'm doing the free things and then you 1060 00:50:12,960 --> 00:50:13,800 Speaker 2: can see me in person. 1061 00:50:14,080 --> 00:50:16,200 Speaker 4: So the best ways to kind of get your brand 1062 00:50:16,239 --> 00:50:20,400 Speaker 4: out there, to become a business coach is this is 1063 00:50:20,520 --> 00:50:22,560 Speaker 4: my personal opinion, right and correct me if I'm wrong. 1064 00:50:23,040 --> 00:50:28,600 Speaker 4: Social media, speaking engagements, any type of publicity that you 1065 00:50:28,640 --> 00:50:36,000 Speaker 4: can get, doing podcasts, writing articles, establishing your credibility as 1066 00:50:36,000 --> 00:50:38,640 Speaker 4: an expert in that particular field. Because this is the thing, right, 1067 00:50:38,640 --> 00:50:40,319 Speaker 4: You got to be a specialist. It's like going to 1068 00:50:40,360 --> 00:50:44,040 Speaker 4: a doctor. Now, I'm not going to a cardiologist to 1069 00:50:44,040 --> 00:50:46,680 Speaker 4: get my teeth fixed. Doesn't make sense, right, When you 1070 00:50:46,760 --> 00:50:48,799 Speaker 4: try to be a jack of all trade, you end 1071 00:50:48,880 --> 00:50:51,319 Speaker 4: up as a master of none. So you have to 1072 00:50:51,400 --> 00:50:54,759 Speaker 4: specialize in one particular area. So like the guy in 1073 00:50:54,760 --> 00:50:58,000 Speaker 4: the trucking industry, he specialized. He became the trucking guy. 1074 00:50:58,400 --> 00:51:00,880 Speaker 4: So now it's not unreasonable for him charge ten thousand 1075 00:51:00,880 --> 00:51:04,560 Speaker 4: dollars because he's established himself as a leader in the industry. 1076 00:51:05,719 --> 00:51:07,960 Speaker 4: Do you believe that that what I just said is correct? 1077 00:51:08,040 --> 00:51:11,040 Speaker 2: That's I do believe that. Yeah, So I agree with that. 1078 00:51:11,120 --> 00:51:13,880 Speaker 2: And I think for me, people know me because of 1079 00:51:13,920 --> 00:51:16,760 Speaker 2: what you just said, because I write and I speak 1080 00:51:16,840 --> 00:51:19,840 Speaker 2: and people see me. I'm at conferences all the time. 1081 00:51:20,200 --> 00:51:23,400 Speaker 2: And then you know, the corporations also call me, so 1082 00:51:23,520 --> 00:51:26,520 Speaker 2: I can call sometimes when something goes wrong and they 1083 00:51:26,520 --> 00:51:28,360 Speaker 2: can't call somebody else. And they'll bring me in and 1084 00:51:28,400 --> 00:51:31,000 Speaker 2: they won't tell anyone because they need it fixed. So 1085 00:51:31,080 --> 00:51:34,200 Speaker 2: I'm that person too. So I'm the person that can help, 1086 00:51:34,320 --> 00:51:36,000 Speaker 2: you know, find a solution a lot of time or 1087 00:51:36,080 --> 00:51:37,080 Speaker 2: strategy or way forward. 1088 00:51:37,280 --> 00:51:39,000 Speaker 5: And it's also important to know that, and you said 1089 00:51:39,000 --> 00:51:41,719 Speaker 5: this earlier off cameras that a lot of times you're 1090 00:51:41,719 --> 00:51:44,560 Speaker 5: doing this for free, like you're going to speak sometimes 1091 00:51:44,560 --> 00:51:46,520 Speaker 5: just for free to get your name out there. Yeah, 1092 00:51:46,600 --> 00:51:50,200 Speaker 5: that's important, right. You don't charge this amount when you start. 1093 00:51:50,520 --> 00:51:51,120 Speaker 3: You have to build that. 1094 00:51:51,360 --> 00:51:53,680 Speaker 2: I'm going to give back to So that's my ethic 1095 00:51:53,800 --> 00:51:56,640 Speaker 2: is like I've been there, I know, and parts of 1096 00:51:56,680 --> 00:51:59,080 Speaker 2: my family are still there actually a lot. So the 1097 00:51:59,160 --> 00:52:01,040 Speaker 2: thing is is like that's never going to go away. 1098 00:52:01,280 --> 00:52:02,560 Speaker 2: So what do we got to do? We got to 1099 00:52:02,600 --> 00:52:04,439 Speaker 2: help each other. And so you know, what they say 1100 00:52:04,520 --> 00:52:08,839 Speaker 2: is that you lift as you rise, You lift as 1101 00:52:08,880 --> 00:52:12,080 Speaker 2: you rise. If I'm rising, I'm gonna bring everybody along 1102 00:52:12,120 --> 00:52:15,040 Speaker 2: with me. And if you're rising, you bring everybody along 1103 00:52:15,080 --> 00:52:17,120 Speaker 2: with you. And if you do that and he does 1104 00:52:17,160 --> 00:52:19,840 Speaker 2: that and she does that, then we all grow, right, 1105 00:52:19,960 --> 00:52:21,480 Speaker 2: And that's what we want to do. We want to 1106 00:52:21,520 --> 00:52:23,239 Speaker 2: have everyone up there with us. We don't want to 1107 00:52:23,239 --> 00:52:25,920 Speaker 2: be alone. It's lonely there. I don't like to go 1108 00:52:25,960 --> 00:52:28,920 Speaker 2: into spaces where it's businesses and I'm the only woman 1109 00:52:28,960 --> 00:52:31,719 Speaker 2: of color. I don't like that. I want to see 1110 00:52:31,760 --> 00:52:34,319 Speaker 2: more people that look like me. I want to go 1111 00:52:34,480 --> 00:52:38,719 Speaker 2: up on stage and be like like everybody else. So 1112 00:52:38,920 --> 00:52:41,200 Speaker 2: I don't I don't want to do this by myself anymore. 1113 00:52:41,320 --> 00:52:43,680 Speaker 2: I need all of everybody. 1114 00:52:44,360 --> 00:52:48,080 Speaker 4: So how do you How do you convince small business owners, 1115 00:52:48,080 --> 00:52:53,239 Speaker 4: specifically small business owners that pain for education paying for 1116 00:52:53,320 --> 00:52:56,319 Speaker 4: a consultant is valuable because they always try a lot 1117 00:52:56,360 --> 00:52:59,719 Speaker 4: of times penny pinch. They want to pay anything. So 1118 00:53:00,880 --> 00:53:01,920 Speaker 4: how do you do it? 1119 00:53:01,920 --> 00:53:05,640 Speaker 2: It's two reasons, Okay. Number one is they figure out 1120 00:53:05,719 --> 00:53:09,160 Speaker 2: how to do it better, right, it's a strategy. The 1121 00:53:09,200 --> 00:53:12,600 Speaker 2: other one, number two is the motivation. If you're putting 1122 00:53:12,640 --> 00:53:15,960 Speaker 2: money down, you're going to go show up, okay. But 1123 00:53:16,040 --> 00:53:17,840 Speaker 2: if you're like it's free or this is not I 1124 00:53:17,880 --> 00:53:20,640 Speaker 2: don't know, Like you're not committed. So I'll talk to 1125 00:53:20,680 --> 00:53:23,520 Speaker 2: you next year when you're serious, because you're not serious 1126 00:53:23,600 --> 00:53:26,640 Speaker 2: right now. So it's a promise to yourself. You're making 1127 00:53:26,640 --> 00:53:30,680 Speaker 2: a promise to yourself, you're honoring yourself, you're putting yourself first. 1128 00:53:30,800 --> 00:53:33,000 Speaker 2: You're not putting that pair of shoes first. You're not 1129 00:53:33,080 --> 00:53:36,279 Speaker 2: putting you know that bet on the game first. Right, 1130 00:53:36,480 --> 00:53:39,960 Speaker 2: You're getting a guaranteed outcome out of this. And that's 1131 00:53:40,080 --> 00:53:41,920 Speaker 2: all I can say. I'm not saying it's going to 1132 00:53:42,040 --> 00:53:44,879 Speaker 2: end up like getting you whatever you need, like some 1133 00:53:45,000 --> 00:53:47,240 Speaker 2: kind of contract or whatever. But you're going to move forward. 1134 00:53:47,520 --> 00:53:48,440 Speaker 2: And that's the first step. 1135 00:53:48,560 --> 00:53:50,759 Speaker 4: You have to look at it like sports, like if 1136 00:53:50,760 --> 00:53:54,400 Speaker 4: you're Michael Jordan or Lebron James or whatever, they're not 1137 00:53:55,280 --> 00:53:59,320 Speaker 4: going in the gym by themselves. They have personal trainers. 1138 00:54:00,280 --> 00:54:06,480 Speaker 4: They also have massage therapists. They also have nutrition nutritionists, 1139 00:54:06,600 --> 00:54:11,280 Speaker 4: they have chefs and everything, right, and because they understand 1140 00:54:11,400 --> 00:54:13,879 Speaker 4: that like Lebron he said he invests a million dollars 1141 00:54:13,880 --> 00:54:15,680 Speaker 4: in his body every year. There's a reason why he's 1142 00:54:15,719 --> 00:54:18,960 Speaker 4: never really got hurt. He's putting that type of resources 1143 00:54:18,960 --> 00:54:20,960 Speaker 4: in it. He's obviously gonna be dedicated. You're not gonna 1144 00:54:20,960 --> 00:54:23,400 Speaker 4: spend a million dollars in and not be dedicated. But 1145 00:54:23,480 --> 00:54:27,479 Speaker 4: also these people are pushing him because you can only 1146 00:54:27,680 --> 00:54:30,480 Speaker 4: push yourself so far. It's like lifting weights, like that's 1147 00:54:30,480 --> 00:54:32,400 Speaker 4: why you need somebody to help you lift. If you're 1148 00:54:32,440 --> 00:54:34,279 Speaker 4: really gonna like try to max out right, It's like, 1149 00:54:34,320 --> 00:54:36,960 Speaker 4: you can only go so far by yourself. So I 1150 00:54:37,080 --> 00:54:41,359 Speaker 4: encourage everybody, no matter what industry you're in, to seek help, 1151 00:54:41,400 --> 00:54:43,319 Speaker 4: whether that's in the form of mentorship, whether that's in 1152 00:54:43,360 --> 00:54:45,279 Speaker 4: the form of a coach, whether that's in the form 1153 00:54:45,320 --> 00:54:49,000 Speaker 4: of just podcasts or you know, any type of information 1154 00:54:49,040 --> 00:54:51,000 Speaker 4: that you can receive. A lot of times people have 1155 00:54:51,080 --> 00:54:53,480 Speaker 4: the thing where they try to do everything themselves and 1156 00:54:53,520 --> 00:54:56,319 Speaker 4: you're only going to get so far by yourself. You 1157 00:54:56,400 --> 00:54:59,600 Speaker 4: need help, And there's nothing wrong with help. And I 1158 00:54:59,600 --> 00:55:01,560 Speaker 4: think a lot of times, you know, you have to 1159 00:55:01,600 --> 00:55:05,000 Speaker 4: look at people that have been extremely successful and they 1160 00:55:05,040 --> 00:55:07,440 Speaker 4: always have help in some capacity, and a lot of 1161 00:55:07,480 --> 00:55:10,640 Speaker 4: times they have a lot of help. So small business owners, 1162 00:55:10,680 --> 00:55:16,680 Speaker 4: unfortunately a lot of times they think small and the yes'. 1163 00:55:17,640 --> 00:55:21,600 Speaker 4: And so what you're saying is actually something that's extremely valuable. 1164 00:55:22,080 --> 00:55:24,840 Speaker 4: And I want people to actually fully understand the importance 1165 00:55:24,880 --> 00:55:26,759 Speaker 4: of it because I see it firsthand. I've seen it 1166 00:55:26,760 --> 00:55:29,760 Speaker 4: first hand. Even myself, I'll fall vic into it. Nobody's perfect. 1167 00:55:30,160 --> 00:55:32,839 Speaker 4: But you know, as you live and you learn and 1168 00:55:32,880 --> 00:55:35,200 Speaker 4: you become more humble, and that's the thing too. You 1169 00:55:35,239 --> 00:55:40,040 Speaker 4: have to be humble in order to seek criticism and 1170 00:55:40,160 --> 00:55:42,680 Speaker 4: also to seek help because a lot of times for coaching, 1171 00:55:42,800 --> 00:55:44,560 Speaker 4: it might not be something that you want to hear. 1172 00:55:45,120 --> 00:55:47,279 Speaker 2: That's a tough thing, but you've got to be ready 1173 00:55:47,320 --> 00:55:48,880 Speaker 2: to face it right right. 1174 00:55:48,680 --> 00:55:51,239 Speaker 4: Like, if I tell you that what you're doing is 1175 00:55:51,239 --> 00:55:54,640 Speaker 4: totally wrong and you've been doing it for ten years, 1176 00:55:54,680 --> 00:55:56,880 Speaker 4: it's like you you might not want to change that 1177 00:55:57,120 --> 00:56:00,600 Speaker 4: because nobody wants to admit that they're wrong. But if 1178 00:56:00,640 --> 00:56:03,160 Speaker 4: I know more than you, I'm trying to actually help you. 1179 00:56:03,719 --> 00:56:06,359 Speaker 4: So if you're humble enough to receive the information and 1180 00:56:06,400 --> 00:56:10,920 Speaker 4: you process it, then you could potentially blossom as a result. 1181 00:56:11,080 --> 00:56:14,440 Speaker 4: There it is, right there, go there, go, So how 1182 00:56:14,440 --> 00:56:17,040 Speaker 4: can people get in contact with you? Like, what's the 1183 00:56:17,760 --> 00:56:20,080 Speaker 4: social media handles? Where you have website? All that time? 1184 00:56:20,200 --> 00:56:23,120 Speaker 2: Right, I'm easy to find on social So my handle 1185 00:56:23,280 --> 00:56:27,000 Speaker 2: is at Farzana Niani so it's my first and last 1186 00:56:27,080 --> 00:56:32,080 Speaker 2: name together. I'm on Twitter, Instagram, Facebook, I'm on LinkedIn 1187 00:56:32,320 --> 00:56:35,560 Speaker 2: as well. I have a website. My website is www 1188 00:56:35,640 --> 00:56:39,040 Speaker 2: dot or zanaiani dot com. A lot of resources up there. 1189 00:56:39,120 --> 00:56:41,920 Speaker 2: You can also follow me on all those social handles 1190 00:56:42,280 --> 00:56:44,720 Speaker 2: and see what I'm up to. You can follow my story, 1191 00:56:45,120 --> 00:56:47,040 Speaker 2: see my little words of wisdom that I have put 1192 00:56:47,120 --> 00:56:49,000 Speaker 2: up there all the time, and just check it out 1193 00:56:49,120 --> 00:56:50,800 Speaker 2: and be inspired yourself. 1194 00:56:51,440 --> 00:56:53,799 Speaker 4: For sure. One, thank you for coming, thank you for 1195 00:56:53,880 --> 00:56:55,719 Speaker 4: hosting us. And shout out to all the people in 1196 00:56:55,760 --> 00:56:58,480 Speaker 4: the Philippines as well. So I used to live in Hawaii, 1197 00:56:58,760 --> 00:57:02,920 Speaker 4: and if you did sort of, oh did you of Hawaii? Okay, 1198 00:57:02,960 --> 00:57:03,800 Speaker 4: I was on the Big Island. 1199 00:57:04,200 --> 00:57:06,000 Speaker 2: I went to school there for a couple of school 1200 00:57:06,040 --> 00:57:08,560 Speaker 2: You go to University of Hawaii at Manoa. 1201 00:57:08,719 --> 00:57:11,319 Speaker 4: Okay. I went to the University Hawaii a Heilo. So 1202 00:57:11,480 --> 00:57:18,600 Speaker 4: we have more com for sure. Mahallow, mahallo. So that's 1203 00:57:18,640 --> 00:57:19,360 Speaker 4: a boy. 1204 00:57:20,800 --> 00:57:23,400 Speaker 2: Yes, hello to everyone. 1205 00:57:23,600 --> 00:57:27,160 Speaker 4: I wear many ads, so yes, I say that to 1206 00:57:27,160 --> 00:57:30,600 Speaker 4: say there's a there's a very large Filipino population in Hawaii. 1207 00:57:31,040 --> 00:57:33,200 Speaker 4: So very good people actually went to the Philippines. Me 1208 00:57:33,200 --> 00:57:36,360 Speaker 4: and Jamal went to We went to the Philippines. So 1209 00:57:36,920 --> 00:57:38,560 Speaker 4: shouts all the good people at the Philippines. I have 1210 00:57:38,640 --> 00:57:40,960 Speaker 4: not been to Pakistan, but shout out to Pakistan. And 1211 00:57:41,040 --> 00:57:45,360 Speaker 4: both shouted good people with Pakistan and yeah that's a good. Yeah, 1212 00:57:45,400 --> 00:57:49,520 Speaker 4: that's the thing. Your leisure, We with everybody, with everybody, 1213 00:57:49,640 --> 00:57:51,440 Speaker 4: and the information. 1214 00:57:51,200 --> 00:57:52,840 Speaker 3: You're going to break out some tod, I was. 1215 00:57:54,640 --> 00:57:57,520 Speaker 4: The information is for the entire world, that's what that's 1216 00:57:57,520 --> 00:57:59,840 Speaker 4: what we We're not limiting ourselves to anybody. We want 1217 00:57:59,880 --> 00:58:03,439 Speaker 4: to of information to entire man cond all over the world. 1218 00:58:03,600 --> 00:58:07,720 Speaker 4: So thank you again for joining us. We appreciate it. Troy. 1219 00:58:07,840 --> 00:58:10,080 Speaker 3: Yeah, we gotta give a shout out to Mike too. Right, 1220 00:58:10,560 --> 00:58:12,600 Speaker 3: he had a plane ride here to La. 1221 00:58:13,000 --> 00:58:16,880 Speaker 2: Dude, it was a cosmic meeting where we had four 1222 00:58:16,920 --> 00:58:21,160 Speaker 2: hours from Atlanta to La where we talked. We talked 1223 00:58:21,200 --> 00:58:23,040 Speaker 2: so much that the lady between us had to move 1224 00:58:23,080 --> 00:58:25,480 Speaker 2: because you're like, you all need to like get together. 1225 00:58:25,840 --> 00:58:26,880 Speaker 2: You're entrepreneurs. 1226 00:58:27,240 --> 00:58:30,880 Speaker 5: So he couldn't wait to tell us about the conversation meeting. 1227 00:58:31,000 --> 00:58:34,200 Speaker 5: So shout out to Mike and yes, thank you again. 1228 00:58:34,480 --> 00:58:37,760 Speaker 4: Shout out to Mike Man, the producer of the show. 1229 00:58:38,000 --> 00:58:40,880 Speaker 4: And he told us he was like, I just met 1230 00:58:40,960 --> 00:58:43,040 Speaker 4: this this lady on the plane and we got an 1231 00:58:43,040 --> 00:58:43,680 Speaker 4: interview with us. 1232 00:58:43,680 --> 00:58:46,120 Speaker 5: Say how he talks though, Yo, I just that this 1233 00:58:46,200 --> 00:58:47,840 Speaker 5: guy you got. We gotta have it. 1234 00:58:48,000 --> 00:58:51,200 Speaker 4: You gotta meet us, right man. If it goes wrong, 1235 00:58:51,240 --> 00:58:54,480 Speaker 4: it's on you. 1236 00:58:54,520 --> 00:58:56,240 Speaker 2: So yeah, then. 1237 00:58:57,320 --> 00:58:59,480 Speaker 4: Shout to Mike Man. We we put we put our 1238 00:58:59,520 --> 00:59:01,440 Speaker 4: faith in him him and I told him that he 1239 00:59:01,440 --> 00:59:02,760 Speaker 4: would get all the credit if they want, right and 1240 00:59:02,760 --> 00:59:03,880 Speaker 4: he would get all the blameing and going. 1241 00:59:04,760 --> 00:59:05,959 Speaker 2: So what's the verdict. 1242 00:59:08,400 --> 00:59:12,840 Speaker 3: He finish? 1243 00:59:13,040 --> 00:59:15,040 Speaker 4: I think you know he picked a He he made 1244 00:59:15,080 --> 00:59:17,360 Speaker 4: a good decision. So shout to Mike for sure. Yeah, 1245 00:59:17,600 --> 00:59:18,480 Speaker 4: Troy house keeping eye. 1246 00:59:18,520 --> 00:59:20,360 Speaker 3: And shout to everybody on Patreon dot com. 1247 00:59:20,400 --> 00:59:23,160 Speaker 5: Y'all know that's our proud to pay program. It is 1248 00:59:23,520 --> 00:59:26,360 Speaker 5: doing tremendously well. We have bonus content up there. Y'all 1249 00:59:26,360 --> 00:59:28,560 Speaker 5: notice five tiers. You can join that and we're gonna 1250 00:59:28,760 --> 00:59:31,000 Speaker 5: keep putting content and we have something special. I told 1251 00:59:31,000 --> 00:59:32,280 Speaker 5: you when we get to one hundred, we're gonna do 1252 00:59:32,280 --> 00:59:35,280 Speaker 5: something special for five of our patrons and we're about 1253 00:59:35,320 --> 00:59:37,880 Speaker 5: to release that very soon. And shout out to everybody 1254 00:59:37,920 --> 00:59:40,160 Speaker 5: who is buying the merch. You know, we put up 1255 00:59:40,200 --> 00:59:44,520 Speaker 5: the Full Fall with on Early dot com and shot 1256 00:59:44,600 --> 00:59:46,440 Speaker 5: he has on the crew neck, I'm wearing the hoodie. 1257 00:59:46,880 --> 00:59:49,120 Speaker 3: It is cold in New York and it is chilly 1258 00:59:49,160 --> 00:59:52,200 Speaker 3: at night in l A. It's chill. It's chilli at night. 1259 00:59:52,720 --> 00:59:54,439 Speaker 3: So yeah, that's why we have it on. Even though 1260 00:59:54,440 --> 00:59:55,120 Speaker 3: we are in l A. 1261 00:59:55,680 --> 00:59:57,640 Speaker 5: And we have some some some new merch chairs also 1262 00:59:57,640 --> 01:00:00,160 Speaker 5: going to be launched. We gave that out on on 1263 01:00:00,400 --> 01:00:02,920 Speaker 5: the episode with John Harry that Our Earners is going 1264 01:00:02,960 --> 01:00:05,200 Speaker 5: to be the name for our followers. So we're gonna 1265 01:00:05,200 --> 01:00:07,800 Speaker 5: have some merge that you know signifies that. So be 1266 01:00:07,880 --> 01:00:10,080 Speaker 5: on the lookout for that and keep supporting. 1267 01:00:10,680 --> 01:00:13,000 Speaker 4: Yeah, supporters, I like. I like the words supporters better 1268 01:00:13,040 --> 01:00:15,640 Speaker 4: than follow social media. I only like how they phrase 1269 01:00:15,720 --> 01:00:18,440 Speaker 4: that because you're not following us, you're supporting us and 1270 01:00:18,480 --> 01:00:20,240 Speaker 4: we appreciate you, and we're not. We're not treating you 1271 01:00:20,280 --> 01:00:22,720 Speaker 4: like a fan or follower. You're a supporter and we 1272 01:00:23,240 --> 01:00:25,200 Speaker 4: really love you. We love you and we appreciate you. 1273 01:00:25,200 --> 01:00:27,160 Speaker 4: We wouldn't be here without you. And the book tip 1274 01:00:27,200 --> 01:00:30,040 Speaker 4: for this week is by Ben Harwitz. If you're not 1275 01:00:30,160 --> 01:00:34,760 Speaker 4: may have been Hardwitz. He's a legendary VC investor, angel investor, 1276 01:00:34,840 --> 01:00:36,800 Speaker 4: and he's also very good friends with NAS. He's the 1277 01:00:36,800 --> 01:00:39,120 Speaker 4: one that actually encouraged NADS to get into the venture 1278 01:00:39,160 --> 01:00:41,880 Speaker 4: capital world. Anybody that follows NAS knows that he's huge 1279 01:00:41,920 --> 01:00:45,120 Speaker 4: right now in venture capital. So his book is What 1280 01:00:45,520 --> 01:00:50,200 Speaker 4: You Do Is Who You Are? So interesting read check 1281 01:00:50,240 --> 01:00:52,400 Speaker 4: it out and we'll see you guys next week. 1282 01:00:52,440 --> 01:00:56,960 Speaker 3: Peace, Peace, You gotta say peace, Peace. 1283 01:00:59,320 --> 01:01:03,200 Speaker 6: You just realized your business needed to hire someone yesterday. 1284 01:01:03,720 --> 01:01:07,000 Speaker 6: How can you find amazing candidates fast? Easy? 1285 01:01:07,480 --> 01:01:08,440 Speaker 2: Just use Indeed. 1286 01:01:08,880 --> 01:01:11,600 Speaker 6: Stop struggling to get your job posts seen on other 1287 01:01:11,720 --> 01:01:15,360 Speaker 6: job sites. With Indeed sponsored jobs, your post jumps to 1288 01:01:15,400 --> 01:01:17,920 Speaker 6: the top of the page for your relevant candidates, so 1289 01:01:18,040 --> 01:01:21,040 Speaker 6: you can reach the people you want faster. 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