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Speaker 1: You know, I've got so many moments where I think

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Speaker 1: I'm right, and like, you know, Rupert Murdoch once told

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Speaker 1: me something and I went, oh my god, everything I've

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Speaker 1: known up to this moment is wrong. I have to pivot.

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Speaker 1: So you have to be willing to know that you

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Speaker 1: know nothing. Every day of your life, your life, day

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Speaker 1: of your life.

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Speaker 2: What if I told you there was more to the

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Speaker 2: story behind game changing events? Get ready for my new podcast,

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Speaker 2: That Moment with Damon John will jump into the personal

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Speaker 2: stories of some of the most influential people on the planet,

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Speaker 2: from business mobiles and celebrities to athletes and artists.

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Speaker 3: All right, so today's guest is I don't know.

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Speaker 2: She's my she's my buddy. She's been in my book

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Speaker 2: Rising Grind. She has so many accomplishments.

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Speaker 4: You know.

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Speaker 2: She has a podcast out Moneymaker Mimundo Rico. I think

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Speaker 2: that's the way you say it because it is the

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Speaker 2: only bilingual Spanish slash English financial literacy podcast designs for everyone,

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Speaker 2: and we know both of those communities need more financial intelligent. Actually,

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Speaker 2: everybody needs more financial intelligence. Her name is Nellie gan Goalan,

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Speaker 2: and Nelly is the definition of self made. And she

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Speaker 2: actually has the New York Times bestselling book put out

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Speaker 2: in twenty seventeen called Self Made, as well as she

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Speaker 2: has becoming self Made dot Com, which she reaches over

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Speaker 2: seven hundred and fifty thousand women monthly and has really

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Speaker 2: just inspired so many people. I'm gonna get to the

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Speaker 2: really quick highlights of who she is and where she's

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Speaker 2: come from, basically simple as this first Latina president of

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Speaker 2: entertainment for the United States TV network Telemondo and an

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Speaker 2: Emmy Award winning producer of over seven hundred shows in

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Speaker 2: both English and Spanish. And if I have to go

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Speaker 2: into all the things she accomplished, we will never get

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Speaker 2: to talking to her. So I'm just going to jump

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Speaker 2: right in and talk to this.

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Speaker 3: Amazing, amazing woman. Nelly. What's happening. How you doing?

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Speaker 4: I'm doing great.

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Speaker 1: I've you know, I've moved from LA to Miami, and

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Speaker 1: I did it to help my parents who are old.

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Speaker 1: But I am loving Miami and you know I'm dying

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Speaker 1: for you to join me here.

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Speaker 2: Well, I know we went out. We went out the

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Speaker 2: other day and we had a great time.

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Speaker 3: Miami is a fit for you.

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Speaker 2: I never did really see you in La, but you're

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Speaker 2: a global person, but Miami because of so much culture

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Speaker 2: and so what it is over there. It is just

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Speaker 2: it's been your home way before anyplace else.

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Speaker 1: But you know, I had to go to other places

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Speaker 1: to then finally come home. I think for Cubans, Miami

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Speaker 1: is the closest thing to home because we don't we

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Speaker 1: can't go back to our country. I mean we can,

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Speaker 1: but it's not pleasant for us. And this is as

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Speaker 1: close to home as it can be. And I think

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Speaker 1: Miami is so international and it's just happening right now.

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Speaker 2: You know.

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Speaker 1: I was just in Madrid, and I thought Madrid is

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Speaker 1: kind of like the second Miami because all the Latin

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Speaker 1: Americans are moving there because it's the cheapest city you know,

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Speaker 1: of that magnitude in Europe right now.

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Speaker 4: And it's kind of hot too.

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Speaker 3: Yeah.

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Speaker 2: So I mean, as they say, like listen, if you

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Speaker 2: live in Miami and New Orleans, that's the closest you're

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Speaker 2: going to get to the United States.

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Speaker 3: But so let's let's just jump into this. You know,

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Speaker 3: you know your history.

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Speaker 2: Many people know what already, but I mean, at the

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Speaker 2: end of the day, being the president of a network,

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Speaker 2: television network is the highest achievement that you can really

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Speaker 2: have in regards to a position in a television network

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Speaker 2: and being a woman, and that is obviously much harder

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Speaker 2: than being part.

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Speaker 3: Of the old boys club. But you started off, I

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Speaker 3: believe you thought it was a reporter. Correct.

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Speaker 4: Yeah, I did.

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Speaker 1: I was a teen I was like Lisa Lank today.

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Speaker 1: I was a teenage reporter. I was recruited at a

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Speaker 1: very young age. I was seventeen years old and I

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Speaker 1: went to basically be a reporter on the teen version

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Speaker 1: of sixteen Minutes that PBS was doing, and I had

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Speaker 1: to move to Austin, Texas, leave my parents at seventeen.

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Speaker 1: They freaked out, and I had a magical teenagehood because

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Speaker 1: it was back in the day when they were making

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Speaker 1: these documentary pieces on film, and every producer that I

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Speaker 1: worked for at the time has become an Oscar winner,

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Speaker 1: and it was, I mean, for me, it was very glamorous.

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Speaker 4: And from there I got.

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Speaker 1: Recruited by nineteen to CBS in Boston and I was

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Speaker 1: like a producer correspondent, and then my whole life changed

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Speaker 1: and I had a magical moment happened.

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Speaker 2: But when you were a reported, these weren't These weren't

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Speaker 2: Latin networks. I mean the Boys, and one wasn't what

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Speaker 2: was the you said Texas? Was that the first one

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Speaker 2: in Texas?

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Speaker 1: But it was PBS network. It happened to just be

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Speaker 1: housed in Texas. And yeah, I know they found me

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Speaker 1: because I was writing stories. I had it. I'd gotten

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Speaker 1: the youngest guest editorship at seventeen magazine and I was

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Speaker 1: writing articles and they found my stories that I wrote,

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Speaker 1: and they thought I should audition to be a reporter.

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Speaker 1: They were looking for young reporters for that TV show

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Speaker 1: and I got it.

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Speaker 3: And you know, this is a question. You know, I love,

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Speaker 3: I love, I love what we do here.

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Speaker 2: And when we're talking about that moment, because I'm educating myself,

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Speaker 2: I never.

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Speaker 3: Really thought of this.

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Speaker 2: Where does where do you get trained if any, to

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Speaker 2: become an executive at a television network? Or is that

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Speaker 2: normally just producers that have worked their way up they

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Speaker 2: have so many shows.

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Speaker 3: Is there any formal because I both yes.

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Speaker 1: Usually not not not training, but usually most people that

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Speaker 1: go into running a network in usually they were in

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Speaker 1: Ivy League schools and they studied either English lip or

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Speaker 1: they could have gone to Boston to Harvard and then

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Speaker 1: been in like you know, kind of a Harvard Club

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Speaker 1: of writers and that kind of thing, and they go

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Speaker 1: into the way you usually not the way I did it.

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Speaker 1: But the way people usually climb to a network head

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Speaker 1: is really from a development place. You start as a

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Speaker 1: junior development exec that loves to read a lot, and

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Speaker 1: you have to pick material that you think is going

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Speaker 1: to be a hit and if in that trajectory, so

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Speaker 1: first you become an assistant, then you become you might

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Speaker 1: even have gone into an agency and been an assistant

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Speaker 1: in an agency, because you really have to know who's

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Speaker 1: who in the business. That's a great question, by the way,

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Speaker 1: that no one ever asks. You really have to know

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Speaker 1: the business first. And that's why a lot of kids

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Speaker 1: go in to it that are the kid of somebody.

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Speaker 4: Because they know the trajectory.

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Speaker 1: Okay, like you and I ordinarily wouldn't go into the

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Speaker 1: like we would have never been in that field, right,

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Speaker 1: And you work up the ladder, and if you find

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Speaker 1: a hit show, you go up the ladder and you

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Speaker 1: eventually become the head of development and then you're the

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Speaker 1: president of the network. But those people, the reason that

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Speaker 1: they usually only last a couple of years where the

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Speaker 1: system is flawed, is you really don't.

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Speaker 4: Know anything about business.

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Speaker 1: It's not like working at Coca Cola, where if you

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Speaker 1: become someone that starts at the bottom as an assistant

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Speaker 1: and you're and they think you're smart, they put you

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Speaker 1: in what they call succession. So you're being roomed to

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Speaker 1: be the president of marketing or the president of sales

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Speaker 1: or the president, and then those presidents go into succession

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Speaker 1: to be the president of the company. But you are

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Speaker 1: very prepared when you become the president of the company

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Speaker 1: because you have worked in sales and brought in money,

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Speaker 1: you've worked in marketing.

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Speaker 4: You don't become the president of.

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Speaker 1: Kroke if you haven't worked in a lot of different

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Speaker 1: divisions of the company, right, and and maybe even abroad.

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Speaker 1: You have to really know the whole picture. Whereas in

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Speaker 1: TV or in film, people are specialists. And that's why

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Speaker 1: you say when you and I look at things and

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Speaker 1: go why did that movie get made? Or why that

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Speaker 1: that TV? Sometimes the person that chooses isn't doesn't really

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Speaker 1: know that much about the macro of the finance.

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Speaker 4: Of the company.

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Speaker 3: Is that because is that?

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Speaker 2: Because they're more like you said, right, they're they're they're

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Speaker 2: almost like talent scouts who say I know how the world.

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Speaker 2: I know how to bake a cake. I know that

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Speaker 2: I need these actors. I know I have these producers.

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Speaker 2: I can put this cake together and they'll give you your.

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Speaker 3: Out were two hours or season kind of showrunners. I'm

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Speaker 3: trying to understand why.

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Speaker 4: Well, that's why it works that way.

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Speaker 1: But here's this is why my experience is in a

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Speaker 1: way better because when you're in a little cuci finito,

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Speaker 1: little network that's an upstart, right, we can't afford I

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Speaker 1: can't afford to do the deals that everyone in entertainment

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Speaker 1: accepts to be true. Where you have twenty producers that

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Speaker 1: get paid, it's all very inflated because people that go

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Speaker 1: that are the executives and the people that they just.

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Speaker 4: Follow what everyone's done. And church and state is separated.

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Speaker 1: Finance is separated from development, and development is a creative field,

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Speaker 1: and so you can't help but spend a lot of

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Speaker 1: money to be in the in those big networks when

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Speaker 1: you work like I did, where I started at the

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Speaker 1: bottom and worked my way up. But as a station manager,

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Speaker 1: I've come more a station manager and ABC would never

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Speaker 1: become the head of the network. It's more of a

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Speaker 1: meat and potatoes local but very fiscal job. And I

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Speaker 1: came from the station side, where you really learned the business,

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Speaker 1: how to get the advertisers, how to get local money,

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Speaker 1: how to engage the community. It's much more of a

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Speaker 1: grassroots way of going up. And we also didn't have

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Speaker 1: the money, so I had to invent models of how

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Speaker 1: to pay people and how to get advertised. I had

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Speaker 1: to do it in a more entrepreneurial way, which and

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Speaker 1: I don't think I would have ever been hired to

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Speaker 1: be president of Telemundo if I hadn't launched so many

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Speaker 1: channels before that in Latin America for American companies. I

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Speaker 1: started a business before I became president of Telemundo that

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Speaker 1: launched HBO and ESPN and Fox in Latin America, and

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Speaker 1: I had fiscal responsibility for those channels.

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Speaker 4: So I'm a weird bird.

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Speaker 1: Because I have the creative side and I'm very fiscal,

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Speaker 1: and usually people that become presidents of networks don't have

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Speaker 1: to be that fiscal as I have been.

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Speaker 2: Okay, and you know, it sounds like we're both very

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Speaker 2: similar because you know, I have a creative side of

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Speaker 2: design and clothing, but I was very fiscal about Okay, well,

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Speaker 2: it's nice to put a shirt together. And but you know,

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Speaker 2: how are everybody involved going to get paid? And and

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Speaker 2: I'm going to get into that with you because you

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Speaker 2: know today, you know, when we're talking about networks, just

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Speaker 2: like talking about dinosaurs. And I know if all the

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Speaker 2: people listening, if you are, you know, Hollywood, they they

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Speaker 2: say today when you go into Hollywood, it's no longer Hollywood.

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Speaker 2: It's it's a bunch of blue collar workers working for

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Speaker 2: tech companies. Because Netflix and Amazon and all the companies

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Speaker 2: that are putting out you know, uh content these days,

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Speaker 2: they care about.

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Speaker 3: Their stocks and their shares. They don't care about a

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Speaker 3: lot of other things.

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Speaker 2: And you know, oh, listen, they're doing a cost plus

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Speaker 2: twenty or something like that thing where basically, if you

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Speaker 2: don't know what that means is, if you spent a

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Speaker 2: million dollars, well, twenty percent of that will give you

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Speaker 2: twenty percent on top of that. So you spent a

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Speaker 2: million dollars on creating something per episode, we will give

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Speaker 2: you a million one point two million.

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Speaker 3: It's you know, costs plus twenty when.

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Speaker 2: And by the way, you don't know how many people

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Speaker 2: watch the thing because then not giving you that data.

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Speaker 2: So it's unlike, Hey, I'm John Singleton. I made Boys

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Speaker 2: in a Hood for four million dollars and it just

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Speaker 2: made eighty million dollars.

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Speaker 3: And you know, I netted.

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Speaker 2: Twenty million, not twenty percent, twenty million. And those days

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Speaker 2: are over in Hollywood for the most part. So I

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Speaker 2: definitely want to get into that. But let's go back

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Speaker 2: to the basics now that we set the foundation foundation foundation.

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Speaker 2: You are working, you are your reporter, You move up,

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Speaker 2: you go, you're in Texas, Austin, then you go to Boston.

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Speaker 2: What happens there? What was that period of time and

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Speaker 2: how did you you said you started having other little shows?

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Speaker 3: What exactly happened?

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Speaker 1: Here's what happened. I mean, actually it was very It

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Speaker 1: was a life changing moment. I get sent as a

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Speaker 1: reporter to go interview. Do you know what a stringer

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Speaker 1: is like? The person that goes and does all the

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Speaker 1: segments for the news and then Diane Sawyer or whomever

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Speaker 1: shows up and it looks like they did the interview,

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Speaker 1: but you went and did all the interview.

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Speaker 4: That's how you become a reporter.

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Speaker 1: Early on, and I was sent to interview everybody in

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Speaker 1: America that knew John F. Kennedy for a special on

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Speaker 1: the life of John F. Kennedy, a news special, and

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Speaker 1: one of those people was Norman lee or in home

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Speaker 1: and he was like, what you know, what are you?

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Speaker 1: Are you Latina?

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Speaker 4: Are you?

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Speaker 1: I go, yeah, I'm Latina and he goes, my partner

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Speaker 1: and I just bought the first Spanish TV station in

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Speaker 1: New Jersey, like, you should come and work for us.

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Speaker 4: He should meet you.

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Speaker 1: And I go later to meet Jerry Perenchia, who just

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Speaker 1: passed away a couple of years ago, and he says

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Speaker 1: to me, you need to come and work for us.

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Speaker 1: You know, the Latino market is going to be huge,

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Speaker 1: and I go, you know, I really like the last

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Speaker 1: thing I want is to go work in a Spanish

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Speaker 1: TV station. I'm going to be a reporter for CBS.

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Speaker 1: And he goes, are you stupid? He's like, you should

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Speaker 1: just quit that. That's a factory worker.

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Speaker 4: Do you not know? The Latino market's gonna blow up and.

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Speaker 1: You're gonna be employee one even so, I'm you're.

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Speaker 4: Going to be rich.

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Speaker 1: And and you know, like, I think that my my

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Speaker 1: superpower that I got in that moment. And damon, I

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Speaker 1: always say this to my kid because I say to him,

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Speaker 1: if you were me in that moment, you would have

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Speaker 1: gone with your ego and been the reporter because you've

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Speaker 1: had a mom that has been able to take care

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Speaker 1: of you. But since I'm an immigrant, my parents had

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Speaker 1: no money. We had trauma of having to leave our

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Speaker 1: homeland from one day to the next and lose everything.

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Speaker 1: I knew that bad things could happen to good people, right,

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Speaker 1: and I chose. And I say this because I think

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Speaker 1: this is the big life to say. I chose to

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Speaker 1: follow two people, not a job. I looked at Carmon

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Speaker 1: Leer and Jerry Parentja and I thought they look smarter

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Speaker 1: than me, and they're both rich. So I'm not going

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Speaker 1: to follow the sexy job that could be glamorous. I'm

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Speaker 1: going to follow two guys that I think are going to.

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Speaker 2: Mentor So you said, you said you chose to follow

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Speaker 2: your future instead of your ego.

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Speaker 3: Yes, and that is powerful. I've heard you say it before.

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Speaker 2: So does that mean for the store owner today who

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Speaker 2: was maybe having a little challenge and they're trying to

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Speaker 2: convert online. I'm just trying to put it someplace else, right,

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Speaker 2: and they just are embarrassed because they don't want.

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Speaker 3: To close that store down. Because they're gonna look at every.

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Speaker 2: Everybody can go what happened, you know, when they know

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Speaker 2: at this point that they are overextended. Nobody's coming in,

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Speaker 2: but they should just really concentrate on online sales. But that

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Speaker 2: store that's been around for so many, so many years,

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Speaker 2: they're like, man, I know, but people gonna laugh at me.

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Speaker 2: My father built it, this and that, and they decide

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Speaker 2: I'm gonna keep it over for a couple more years.

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Speaker 1: I can answer that because I've had that happen to me. Remember,

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Speaker 1: I've worked with so many entrepreneurs and like all my

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Speaker 1: friends that their parents are own bodegas, I tell I

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Speaker 1: go and I tell them there's no way you can

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Speaker 1: survive in this bodega. Go get a seven eleven. You

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Speaker 1: cannot in today's world with Costco and Walmart and all

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Speaker 1: these you know, people that buy in bulk, you can't compete.

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Speaker 1: So if you want to do that, then go buy

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Speaker 1: a franchise, or you're buying in bulk as a group

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Speaker 1: and you get help from other people. And I always

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Speaker 1: say to my minority little bodega owners, I go, you know,

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Speaker 1: in life, you have to understand what's happening in the moment,

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Speaker 1: and you have to understand the truth and you can't

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Speaker 1: lie to yourself. And I made that decision in a

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Speaker 1: split second to go with those guys. And I think

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Speaker 1: sometimes when you hear someone smarter than you, you have

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Speaker 1: to acknowledge that they're smarter than you, or that they're

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Speaker 1: telling you something about timing or there. You know, I've

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Speaker 1: got so many moments where I think I'm right, and

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Speaker 1: like you know, Rupert Murdoch once told me something and

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Speaker 1: I went, oh my god, everything I've known up to

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Speaker 1: this moment is wrong, and I.

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Speaker 4: Have to pivot.

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Speaker 1: So you have to be willing to know that you

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Speaker 1: know nothing every day of your life, and especially now

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Speaker 1: we're about to be hit with AI with biotech. I mean,

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Speaker 1: the idea we have of longevity and age is going

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Speaker 1: to be out the window. AI is gonna chang if

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Speaker 1: we're not ready to it. In a drop of a hat,

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Speaker 1: say I'm wrong about everything, and I gotta I gotta pivot.

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Speaker 4: You're gonna suffer a lot in life.

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Speaker 2: You know what. So that moment happened to you, But

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Speaker 2: let me ask you something. Let's dig deeper into when

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Speaker 2: that moment happens, because that's the moment that happened.

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Speaker 4: And there are many is not the only one.

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Speaker 3: I know, but we don't.

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Speaker 2: You know, there's a lot of people that are extremely literal.

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Speaker 2: And you said, you know a lot of people go

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Speaker 2: oh well, then as soon as I get some great

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Speaker 2: advice from somebody wealthy or successful or healthy, than I

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Speaker 2: should just you know, they're gonna literally go I should

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Speaker 2: drop everything said I don't know anything, or when those

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Speaker 2: moments happened, what was the contemplation, because how did you

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Speaker 2: measure the information you currently had in your head with

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Speaker 2: the new information that you were receiving. Because I always

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Speaker 2: say the only thing more important than the information is

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Speaker 2: the source that's coming from. So whether it is normally

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Speaker 2: or who has extremely a massive background in UH and

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Speaker 2: making creating wealth, or was he just being selfish because

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Speaker 2: he thought that he wanted you.

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Speaker 1: A harsh way He told me like you should get

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Speaker 1: my work for us. Yeah, it was his partner who

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Speaker 1: was more honest. And I don't even know if somebody, damon,

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Speaker 1: I think what worries me in today's world is I

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Speaker 1: don't know if somebody could even say that to a

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Speaker 1: minority woman and like get away with it. And I'm

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Speaker 1: glad he said it to me, And by the way,

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Speaker 1: he said other things to me that were even harsher later.

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Speaker 1: And I don't know that someone would even be honest

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Speaker 1: enough to say those to somebody like me, because they'd

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Speaker 1: be worried that they'll get in trouble or that they're

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Speaker 1: not being politically correct.

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Speaker 2: Yeah, I mean, I get it, but and you're right,

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Speaker 2: and you know, listen, if people care they're gonna say,

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Speaker 2: they're gonna say it in enough way that it's edgy enough.

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Speaker 2: I believe that you will get it, because if everything

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Speaker 2: gets watered down, even the edgier people.

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Speaker 3: They're still being going to be edgy.

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Speaker 2: Hopefully they'll say it in a more politically correct way

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Speaker 2: where you get it. And unfortunately, there's a lot of

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Speaker 2: bad people in the world who will say things in

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Speaker 2: that way and they don't have any good intent. And

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Speaker 2: that's why I said, obviously we say, you know, it's

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Speaker 2: more important than information of where it's coming from. But

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Speaker 2: the question that I really had, how long did do

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Speaker 2: you contemplate on some of these things? Because we're all

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Speaker 2: going to have these forks in the road, and if

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Speaker 2: you look at people that have egos that kind of

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Speaker 2: stepped away from it. Maybe Bill Gates or Zuckerberg or

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Speaker 2: some of these people who said, my parents wanted me

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Speaker 2: to go to college and I didn't, I'm gonna look

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Speaker 2: like a failure, you know what.

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Speaker 3: I got an idea called I don't know.

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Speaker 2: Microsoft, I have no idea. But how long do you

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Speaker 2: contemplate these moments when they come?

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Speaker 1: I think that one I didn't contemplate very long. First

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Speaker 1: of all, I was very young. Yeah, and I when

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Speaker 1: he said to me, you're a factory worker, that resonated

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Speaker 1: like truth to me.

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Speaker 4: Like I was a factory worker.

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Speaker 1: I was going It sounded a glamorous what I was doing,

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Speaker 1: but I was shooting ten segments to day and I

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Speaker 1: was I was on the path to being a network correspondent,

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Speaker 1: but I wasn't there yet. I was basically a schlepperd

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Speaker 1: making a lot of pieces and I and I also

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Speaker 1: saw the politics of being at a network news division.

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Speaker 1: So it resonated with me that it was true. And

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Speaker 1: I think that I am very much a critical thinker.

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Speaker 1: So I can tell you many times in my life

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Speaker 1: after that, I've heard other things from other people, and

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Speaker 1: I have to you know, sometimes I hear it and

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Speaker 1: I throw it away because I think there's a hidden

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Speaker 1: agenda with whatever they're telling me or whatever. But when

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Speaker 1: I hear truths and I hear it from a very

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Speaker 1: smart person, I think that's one of my I think

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Speaker 1: that's one of my good traits, that I can really

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Speaker 1: accept that they might be, that they might not know

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Speaker 1: something more than me. And sometimes I know something more

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Speaker 1: than other people. You know, I've told other people things

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Speaker 1: that are that I believe truth for them, and they've

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Speaker 1: made decisions based on what I've told them. So I

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Speaker 1: think that that's I can't tell somebody this is when,

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Speaker 1: you know, I think that's you have to have intuition,

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Speaker 1: and you have to also listen to your intuition.

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Speaker 4: And I remind myself of that all the time.

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Speaker 2: Right but now, well, let's let's go into let's let's

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Speaker 2: get a little deeper into it. Right now, you all

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Speaker 2: of a sudden, you say, I'll accept this position or

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Speaker 2: whatever the cases. I have two questions, and maybe you

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Speaker 2: can answer them collectively or you can some on one

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Speaker 2: at a time.

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Speaker 3: Now, you've got a lot of pressure he has.

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Speaker 2: They have a big investment that they are turning, that

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Speaker 2: they are going, uh, you know, and moving on to

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Speaker 2: you happen to go in there. So number one, you're

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Speaker 2: part of their new baby.

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Speaker 3: You know what.

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Speaker 2: You know, how did they earn your respect? Because first

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Speaker 2: of all, you're new. I just I just found you

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Speaker 2: over here. I'm putting you here. So number one, how

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Speaker 2: did you earn their respect? And number two, well, now

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Speaker 2: new network.

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Speaker 3: Something who was in Boston.

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00:23:34,000 --> 00:23:35,280
Speaker 4: Huh TV station?

441
00:23:35,720 --> 00:23:38,080
Speaker 2: Excuse me, new TV station. Some woman that was in

442
00:23:38,160 --> 00:23:39,560
Speaker 2: Boston is coming over here.

443
00:23:39,760 --> 00:23:40,399
Speaker 3: She's Latin.

444
00:23:40,480 --> 00:23:44,080
Speaker 2: Okay, who the hell is she? She's my boss. So

445
00:23:44,160 --> 00:23:46,720
Speaker 2: now you have your boss looking at you and your

446
00:23:46,760 --> 00:23:49,800
Speaker 2: employees looking at you, and you have to make this

447
00:23:50,040 --> 00:23:50,919
Speaker 2: shit happen.

448
00:23:51,800 --> 00:23:54,399
Speaker 1: You know what, I'll tell you something I don't I

449
00:23:54,480 --> 00:23:57,359
Speaker 1: think there are moments in your life where you're in

450
00:23:57,359 --> 00:24:00,320
Speaker 1: the right place in the right time. I don't think

451
00:24:00,920 --> 00:24:03,480
Speaker 1: that the stakes were as high as you think they

452
00:24:03,480 --> 00:24:07,399
Speaker 1: were because I didn't realize this at the time, but

453
00:24:08,040 --> 00:24:11,119
Speaker 1: they owned a lot of different companies, both in TV.

454
00:24:12,040 --> 00:24:14,800
Speaker 1: Jerry Pernia was a boxing promoter. He owned a whole

455
00:24:14,840 --> 00:24:17,600
Speaker 1: boxing This was like a little investment, like if you're

456
00:24:17,600 --> 00:24:20,639
Speaker 1: buying a house to you know, compared to all the

457
00:24:20,680 --> 00:24:23,400
Speaker 1: money they were, this was like a little house and

458
00:24:23,800 --> 00:24:26,720
Speaker 1: what I didn't realize, and you're gonna you're gonna freak

459
00:24:26,720 --> 00:24:29,359
Speaker 1: out when I tell you, when I answer your question,

460
00:24:30,040 --> 00:24:33,160
Speaker 1: I think they expected this little house that they bought

461
00:24:33,160 --> 00:24:36,600
Speaker 1: that was a little rinky dinky station to be their

462
00:24:36,640 --> 00:24:41,280
Speaker 1: tax ride off. I think that when I started making money,

463
00:24:41,320 --> 00:24:44,480
Speaker 1: they were like in shock, they thought. And I think

464
00:24:44,520 --> 00:24:48,760
Speaker 1: that again, in my naivete of not understanding business, I

465
00:24:48,800 --> 00:24:52,240
Speaker 1: didn't realize that very wealthy people just like if you're

466
00:24:52,760 --> 00:24:53,920
Speaker 1: let's just use an example.

467
00:24:53,920 --> 00:24:54,520
Speaker 4: If you're.

468
00:24:56,160 --> 00:25:00,679
Speaker 1: You know, I don't know ABC, right, and you're you

469
00:25:00,680 --> 00:25:04,800
Speaker 1: don't know why ABC buys twenty channels. What you find

470
00:25:04,800 --> 00:25:07,960
Speaker 1: out when you become an insider is that at the

471
00:25:08,040 --> 00:25:10,159
Speaker 1: end of the year, if they make too much money,

472
00:25:10,520 --> 00:25:13,440
Speaker 1: they buy businesses that are in bad shape so they

473
00:25:13,440 --> 00:25:17,320
Speaker 1: don't pay taxes, and then they have a long time

474
00:25:17,359 --> 00:25:20,560
Speaker 1: to make those things turn around. I think I didn't

475
00:25:20,600 --> 00:25:25,520
Speaker 1: understand the macro of how conglomerates work, and people that

476
00:25:25,600 --> 00:25:29,320
Speaker 1: own many assets buy sometimes things that lose money for them,

477
00:25:30,040 --> 00:25:32,240
Speaker 1: and they their tax rider. And the reason I know

478
00:25:32,320 --> 00:25:36,040
Speaker 1: this to be true is because I'm running this little

479
00:25:36,119 --> 00:25:39,040
Speaker 1: rinky dinky thing and I'm figuring they're.

480
00:25:38,800 --> 00:25:41,280
Speaker 4: Like, here, figure it out. You know, they weren't paying

481
00:25:41,280 --> 00:25:42,359
Speaker 4: that much attention.

482
00:25:42,000 --> 00:25:46,560
Speaker 1: To me, and I on oh PM, learned how to

483
00:25:46,600 --> 00:25:49,320
Speaker 1: run a TV station. I made a lot of mistakes

484
00:25:49,359 --> 00:25:52,879
Speaker 1: that they didn't see, and but I was lucky because

485
00:25:52,880 --> 00:25:56,040
Speaker 1: they were right. The Latino thing was about to hit.

486
00:25:56,960 --> 00:26:00,119
Speaker 1: And the one area where it was hitting is that

487
00:26:00,760 --> 00:26:07,520
Speaker 1: Radio City Music Hall was bringing in menudo Tino artists

488
00:26:07,520 --> 00:26:10,960
Speaker 1: that nobody knew about. And it was the era glorious

489
00:26:10,960 --> 00:26:14,800
Speaker 1: Stephank wasn't nobody then. People were putting them in Radio

490
00:26:14,840 --> 00:26:18,800
Speaker 1: City and they'd sell out. And those people started coming

491
00:26:18,840 --> 00:26:21,439
Speaker 1: to me. The radio the record companies were coming to

492
00:26:21,480 --> 00:26:23,960
Speaker 1: me and going, can we cut a deal with you

493
00:26:24,080 --> 00:26:26,800
Speaker 1: with these acts that nobody knows yet? Can you put

494
00:26:26,800 --> 00:26:30,160
Speaker 1: on a lot of commercials for them? And and I go, yeah,

495
00:26:30,160 --> 00:26:31,680
Speaker 1: well let's split the box.

496
00:26:31,400 --> 00:26:34,840
Speaker 4: Office mm hm. And nobody knew that that was going

497
00:26:34,920 --> 00:26:35,399
Speaker 4: to be big.

498
00:26:35,840 --> 00:26:38,480
Speaker 1: And when I the first year I was in business,

499
00:26:38,840 --> 00:26:42,160
Speaker 1: I made so much money that Norman Lear and Joy Printer.

500
00:26:42,080 --> 00:26:44,400
Speaker 4: Go, oh my god, here's supposed to be a tax.

501
00:26:44,480 --> 00:26:46,480
Speaker 4: Right off, we got go.

502
00:26:46,359 --> 00:26:49,240
Speaker 1: Buy a building, go you know, like I had to

503
00:26:49,320 --> 00:26:51,600
Speaker 1: learn to go buy a building to spend the money.

504
00:26:52,040 --> 00:26:53,160
Speaker 4: God, buy what whipment?

505
00:26:53,320 --> 00:26:56,439
Speaker 2: Go you know, right, So so I want to I

506
00:26:56,480 --> 00:26:58,960
Speaker 2: want to break down what you said, and this is

507
00:26:59,000 --> 00:27:02,919
Speaker 2: absolutely amazing because there's two aspects to it. Right, So

508
00:27:02,960 --> 00:27:05,120
Speaker 2: what you said that people need to understand is that

509
00:27:05,320 --> 00:27:08,159
Speaker 2: you know, as you're growing businesses, you need more writers.

510
00:27:08,240 --> 00:27:10,399
Speaker 2: An IRIS gives you off to three years to write

511
00:27:10,400 --> 00:27:13,440
Speaker 2: off things. So what you try to find is undervalued

512
00:27:13,520 --> 00:27:17,480
Speaker 2: assets that you invest in, and in the worst scenario

513
00:27:18,119 --> 00:27:22,880
Speaker 2: that the asset is still a loss, you get to

514
00:27:22,920 --> 00:27:25,760
Speaker 2: take a loss on where it's funding the business. And

515
00:27:25,800 --> 00:27:28,680
Speaker 2: that's why they said, hey, holy craps, you're.

516
00:27:28,480 --> 00:27:29,560
Speaker 3: Not supposed to make money.

517
00:27:29,560 --> 00:27:30,280
Speaker 4: You made money, all.

518
00:27:30,240 --> 00:27:31,720
Speaker 3: Right, go buy building one of the cases.

519
00:27:31,760 --> 00:27:35,040
Speaker 2: So that is true, and I do agree on something

520
00:27:35,040 --> 00:27:37,960
Speaker 2: else that there's one aspect of what you're saying is like,

521
00:27:38,040 --> 00:27:39,919
Speaker 2: you know, this is the same as on Shark Tank, right,

522
00:27:39,920 --> 00:27:42,400
Speaker 2: I got you know three out of ten companies will

523
00:27:42,440 --> 00:27:46,360
Speaker 2: hit and that's great. But when they buy a company,

524
00:27:46,680 --> 00:27:49,560
Speaker 2: please do not confuse. What Nelly is saying is that

525
00:27:50,720 --> 00:27:54,959
Speaker 2: they don't buy these underappreciated assets with the hopes of

526
00:27:55,160 --> 00:27:57,919
Speaker 2: clearly losing money. Because if you really think of the

527
00:27:58,000 --> 00:28:00,520
Speaker 2: key of what she said, he was like, are you

528
00:28:00,600 --> 00:28:01,000
Speaker 2: kidding me?

529
00:28:01,040 --> 00:28:03,159
Speaker 3: The Latin Bark is going to be huge. So what

530
00:28:03,200 --> 00:28:07,080
Speaker 3: it really is is that I hope in best efforts

531
00:28:07,359 --> 00:28:07,680
Speaker 3: that this.

532
00:28:07,760 --> 00:28:11,600
Speaker 2: Direction we're going, if we're gonna lose money, we're gonna

533
00:28:11,680 --> 00:28:12,359
Speaker 2: lose money.

534
00:28:12,560 --> 00:28:15,719
Speaker 3: With some potential rock stars.

535
00:28:17,680 --> 00:28:21,040
Speaker 1: Yeah, they know that there's a runway, right, and venture

536
00:28:21,119 --> 00:28:25,000
Speaker 1: knows this too. There's a runway where all businesses lose money.

537
00:28:25,880 --> 00:28:29,119
Speaker 1: And at that moment, if that that thing that you

538
00:28:29,200 --> 00:28:32,080
Speaker 1: bought loses money, it helps you if you have other

539
00:28:32,119 --> 00:28:35,520
Speaker 1: businesses to write things off so you don't pay as

540
00:28:35,560 --> 00:28:38,840
Speaker 1: many taxes, right and damon you know you and I

541
00:28:38,880 --> 00:28:41,360
Speaker 1: have been talking a lot about my friend Julio, who's

542
00:28:41,400 --> 00:28:44,400
Speaker 1: a tax goat yep, And you know, the next book

543
00:28:44,400 --> 00:28:48,360
Speaker 1: I'm writing is about taxes with him, because I feel

544
00:28:48,400 --> 00:28:50,880
Speaker 1: that what I learned at a very young age is

545
00:28:50,920 --> 00:28:53,040
Speaker 1: the game of money.

546
00:28:53,560 --> 00:28:53,760
Speaker 3: Yeah.

547
00:28:53,840 --> 00:28:58,120
Speaker 1: That The reason that this like and what people don't

548
00:28:58,160 --> 00:29:02,520
Speaker 1: know is that the government, you know, in the tax

549
00:29:02,600 --> 00:29:06,640
Speaker 1: laws are meant to be good for both of us. Like,

550
00:29:06,680 --> 00:29:11,040
Speaker 1: in other words, you should be entrepreneurial, because the tax

551
00:29:11,120 --> 00:29:13,960
Speaker 1: laws are meant to help entrepreneurs.

552
00:29:13,640 --> 00:29:15,080
Speaker 4: Not necessarily employees.

553
00:29:16,440 --> 00:29:20,080
Speaker 1: And so the fact of the matter is when you're

554
00:29:20,120 --> 00:29:23,160
Speaker 1: a small company and you're struggling and it takes your

555
00:29:23,200 --> 00:29:25,200
Speaker 1: years to take off and then you start making money.

556
00:29:25,400 --> 00:29:27,480
Speaker 1: But once you make a lot of money, you should

557
00:29:27,520 --> 00:29:31,920
Speaker 1: be buying other businesses because the tax laws are there

558
00:29:32,000 --> 00:29:34,720
Speaker 1: to incentivize you to keep investing.

559
00:29:35,160 --> 00:29:38,080
Speaker 4: Sometimes lose money. That helps you with your taxes.

560
00:29:37,960 --> 00:29:40,520
Speaker 1: So you can keep going because they want people to

561
00:29:41,160 --> 00:29:43,920
Speaker 1: build more businesses and create more jobs.

562
00:29:44,160 --> 00:29:46,800
Speaker 2: Right, so everybody listening, now listen, this is why that

563
00:29:46,880 --> 00:29:49,880
Speaker 2: moment will go into barrass areas like I still and

564
00:29:50,640 --> 00:29:52,480
Speaker 2: I'm trying to get a hold of you know, we're.

565
00:29:52,360 --> 00:29:54,120
Speaker 3: Trying to get the time that I still with your

566
00:29:54,120 --> 00:29:54,640
Speaker 3: tax side.

567
00:29:54,640 --> 00:29:57,560
Speaker 2: Because there's also what Nelly is talking about is tax

568
00:29:57,680 --> 00:30:02,960
Speaker 2: laws and the through access to large wealth in this

569
00:30:03,040 --> 00:30:05,600
Speaker 2: country is not only tax laws, but there's something called

570
00:30:05,640 --> 00:30:06,840
Speaker 2: the tax codes.

571
00:30:07,160 --> 00:30:08,800
Speaker 3: Now, tax laws.

572
00:30:08,520 --> 00:30:12,080
Speaker 2: Are generally laws, and tax codes are something now that

573
00:30:12,120 --> 00:30:14,880
Speaker 2: are implemented and they change and they come here and

574
00:30:14,920 --> 00:30:15,600
Speaker 2: they go right.

575
00:30:15,640 --> 00:30:18,760
Speaker 3: I mean, I'll give you a tax code. I've shared

576
00:30:18,760 --> 00:30:19,320
Speaker 3: with everybody.

577
00:30:19,400 --> 00:30:23,640
Speaker 2: This the COVID law when it happened, the relief up

578
00:30:23,760 --> 00:30:26,959
Speaker 2: until last year. You can get a one hundred percent

579
00:30:27,040 --> 00:30:30,760
Speaker 2: right off for any of your business meal expenses because

580
00:30:30,800 --> 00:30:34,360
Speaker 2: they wanted to get the restaurants back up and going.

581
00:30:34,440 --> 00:30:37,720
Speaker 2: That means prior to that is fifty percent, and then

582
00:30:37,800 --> 00:30:40,400
Speaker 2: it was one hundred percent right off. If it was

583
00:30:40,520 --> 00:30:43,360
Speaker 2: business related, that means you cannot go to the grocery

584
00:30:43,400 --> 00:30:44,120
Speaker 2: and write that off.

585
00:30:44,240 --> 00:30:45,520
Speaker 3: You can't go to the grocery store.

586
00:30:45,640 --> 00:30:48,560
Speaker 2: It's even questionable if you had even gotten an uber eats.

587
00:30:48,600 --> 00:30:51,280
Speaker 2: But if you went into a restaurant and you put

588
00:30:51,320 --> 00:30:53,320
Speaker 2: down your card and you were having a business meeting,

589
00:30:53,560 --> 00:30:56,480
Speaker 2: well that is one hundred percent now even in that sense.

590
00:30:56,480 --> 00:30:58,040
Speaker 2: Think about it like this. If you went to a

591
00:30:58,080 --> 00:31:00,400
Speaker 2: hotel and you went downstairs from the whole tell to

592
00:31:00,440 --> 00:31:02,560
Speaker 2: the lobby into a restaurant and you use your hotel

593
00:31:02,600 --> 00:31:04,400
Speaker 2: card and you said, hey, put that on my room,

594
00:31:04,480 --> 00:31:06,560
Speaker 2: Well that was only under your hotel. It only gives

595
00:31:06,600 --> 00:31:09,040
Speaker 2: a fifty percent right off. If you took your credit

596
00:31:09,040 --> 00:31:11,200
Speaker 2: card out separately and put it on the table, that

597
00:31:11,240 --> 00:31:13,280
Speaker 2: would have been one hundred percent right off. Now could

598
00:31:13,320 --> 00:31:15,360
Speaker 2: you have saved now ten twenty thousand, one hundred and

599
00:31:15,360 --> 00:31:16,280
Speaker 2: fifty thousand.

600
00:31:16,040 --> 00:31:17,000
Speaker 3: Whatever the case is.

601
00:31:17,440 --> 00:31:20,960
Speaker 2: Tax codes are made now they say that traditionally, and

602
00:31:21,040 --> 00:31:22,239
Speaker 2: it's been changing a little bit.

603
00:31:22,320 --> 00:31:24,040
Speaker 3: Tax codes have been also.

604
00:31:24,520 --> 00:31:27,280
Speaker 2: They have left out minorities and women in the past

605
00:31:27,320 --> 00:31:30,040
Speaker 2: and this history of this country. You should understand the

606
00:31:30,080 --> 00:31:33,000
Speaker 2: tax codes because there are ways that they'll incentive by

607
00:31:33,080 --> 00:31:36,880
Speaker 2: you to buy radio stations, to buy this if it

608
00:31:36,920 --> 00:31:39,480
Speaker 2: works within the tax code and the way that the

609
00:31:39,520 --> 00:31:41,880
Speaker 2: wealthy is. All these people want to know, why don't

610
00:31:41,920 --> 00:31:43,560
Speaker 2: the wealthy pay tax I'll give.

611
00:31:43,400 --> 00:31:44,080
Speaker 3: You an example.

612
00:31:45,080 --> 00:31:47,360
Speaker 2: If you have buildings, as Nelly just said, you just

613
00:31:47,440 --> 00:31:49,320
Speaker 2: bought a building, right, you have, and you buy a

614
00:31:49,320 --> 00:31:52,440
Speaker 2: couple of buildings and the buildings go up and a

615
00:31:52,480 --> 00:31:53,360
Speaker 2: lot of value.

616
00:31:53,480 --> 00:31:55,560
Speaker 3: What they say you can do I'm not a big

617
00:31:55,600 --> 00:31:56,320
Speaker 3: real estate guy.

618
00:31:56,640 --> 00:32:00,840
Speaker 2: Is you take out a mortgage or an equity loan

619
00:32:00,920 --> 00:32:05,480
Speaker 2: on that building. You now pay back the interest. It's

620
00:32:05,520 --> 00:32:09,800
Speaker 2: not taxes, right, you pay back seven percent, twelve percent.

621
00:32:09,880 --> 00:32:11,240
Speaker 3: It's not a sale.

622
00:32:11,320 --> 00:32:14,760
Speaker 2: But if you do sell the business or a stock

623
00:32:15,160 --> 00:32:18,280
Speaker 2: one year after you purchase it, now you pay capital

624
00:32:18,360 --> 00:32:23,120
Speaker 2: gains taxes. Right, And then Nellie is saying, there's also follows,

625
00:32:23,160 --> 00:32:25,480
Speaker 2: so no real estate. If you then take that money

626
00:32:25,480 --> 00:32:29,760
Speaker 2: and invest it into a bigger building, you have a separate.

627
00:32:29,440 --> 00:32:31,360
Speaker 3: Code that you pay exactly.

628
00:32:31,480 --> 00:32:33,600
Speaker 2: So that's all the good stuff. We will talk about

629
00:32:33,600 --> 00:32:35,960
Speaker 2: that at another time. But you can definitely follow Nelly

630
00:32:36,120 --> 00:32:38,040
Speaker 2: to find out all that. But I'm going to go

631
00:32:38,120 --> 00:32:40,480
Speaker 2: back into that moment where, now, let's think about it.

632
00:32:41,480 --> 00:32:43,480
Speaker 2: Here's exactly what happen. Let's talk about it from shart tango.

633
00:32:43,560 --> 00:32:45,840
Speaker 2: Let's talk about it from your small business perspective. Right,

634
00:32:45,880 --> 00:32:48,000
Speaker 2: you have three or four things you're selling out of

635
00:32:48,120 --> 00:32:50,760
Speaker 2: your store, and you know, let's just really get down

636
00:32:50,800 --> 00:32:55,040
Speaker 2: to simple. Right, you're selling shoes and you're selling accessories,

637
00:32:55,080 --> 00:32:58,160
Speaker 2: whatever the case. You have different departments. You're looking over there, going,

638
00:32:58,200 --> 00:33:01,280
Speaker 2: you know what, the whole redepartment. People always come and

639
00:33:01,280 --> 00:33:02,960
Speaker 2: ask them, well, we're not really investing in that, you

640
00:33:03,040 --> 00:33:04,640
Speaker 2: know what, Let's buy a couple of things and put

641
00:33:04,680 --> 00:33:05,160
Speaker 2: it over there.

642
00:33:05,320 --> 00:33:06,920
Speaker 3: Let's hopefully think that it'll work.

643
00:33:06,960 --> 00:33:10,040
Speaker 2: But you're doing that by ten different categories than your store.

644
00:33:10,360 --> 00:33:12,680
Speaker 2: What Nelly's saying is they were like, yeah, okay, Nelly,

645
00:33:12,720 --> 00:33:14,120
Speaker 2: I got this a new thing. I think it's going

646
00:33:14,200 --> 00:33:15,720
Speaker 2: to be big. I have a good feeling. I want

647
00:33:15,760 --> 00:33:18,280
Speaker 2: to go run it. They turn around all of a sudden,

648
00:33:18,280 --> 00:33:21,680
Speaker 2: the holder is taking up sixty square feet in your

649
00:33:21,720 --> 00:33:24,200
Speaker 2: store instead of ten. Because that you realize they buy

650
00:33:24,280 --> 00:33:26,560
Speaker 2: shoes once, they keep rippering your holdery every other day.

651
00:33:26,600 --> 00:33:27,360
Speaker 3: They keep buying one.

652
00:33:27,400 --> 00:33:30,320
Speaker 2: They need nude, they need black, they need charcoal, they

653
00:33:30,320 --> 00:33:32,800
Speaker 2: need and now you're putting the spanks in there, and

654
00:33:32,800 --> 00:33:35,479
Speaker 2: now you put holy shit, I got a big company

655
00:33:35,600 --> 00:33:38,040
Speaker 2: running over here. So now all of a sudden, you

656
00:33:38,080 --> 00:33:40,440
Speaker 2: got a big company, Nelly. I mean, you've done it yourself.

657
00:33:40,680 --> 00:33:41,560
Speaker 3: What do you do now?

658
00:33:41,960 --> 00:33:44,320
Speaker 1: So now I'll tell you what happened. So I run

659
00:33:44,360 --> 00:33:47,880
Speaker 1: this thing for a number of years, like three years,

660
00:33:48,400 --> 00:33:52,280
Speaker 1: and we made so much money that somebody came in

661
00:33:52,360 --> 00:33:55,360
Speaker 1: and offered them to buy the station. This is before

662
00:33:55,400 --> 00:34:00,000
Speaker 1: I was Telemundo, and they saw it, and when they

663
00:34:00,040 --> 00:34:03,600
Speaker 1: told I was distraught, and I went to see my

664
00:34:03,720 --> 00:34:06,960
Speaker 1: boss and I started crying. I think I told you

665
00:34:07,040 --> 00:34:10,760
Speaker 1: this story privately before I start crying, And I said, oh.

666
00:34:10,640 --> 00:34:11,560
Speaker 4: Could you do this to me?

667
00:34:11,600 --> 00:34:14,239
Speaker 1: Because I thought they were never going to sell it.

668
00:34:15,360 --> 00:34:19,360
Speaker 1: And he says to me, young lady, those are my chips.

669
00:34:20,239 --> 00:34:22,600
Speaker 1: If you think, well, you've got what it takes, go

670
00:34:22,760 --> 00:34:24,120
Speaker 1: get your own chips.

671
00:34:26,000 --> 00:34:26,160
Speaker 4: Now.

672
00:34:26,200 --> 00:34:28,120
Speaker 1: When a guy say that to me today, I don't

673
00:34:28,120 --> 00:34:30,000
Speaker 1: know you got the guts to say that to me today,

674
00:34:30,320 --> 00:34:32,880
Speaker 1: But he said that to me, and I went home

675
00:34:33,680 --> 00:34:36,759
Speaker 1: and I thought he was a jerk, and I was

676
00:34:36,840 --> 00:34:41,600
Speaker 1: catatonic for three days, and then I woke up a

677
00:34:41,600 --> 00:34:42,280
Speaker 1: few days.

678
00:34:42,120 --> 00:34:44,960
Speaker 4: Later and I thought, I'm never gonna let this happen

679
00:34:45,040 --> 00:35:07,280
Speaker 4: to me again. I'm gonna start this start. That's where

680
00:35:07,320 --> 00:35:07,840
Speaker 4: I became.

681
00:35:07,960 --> 00:35:12,040
Speaker 1: You in a different category, right, And but I did

682
00:35:12,040 --> 00:35:16,040
Speaker 1: everything wrong, damon, because I you know, what I probably

683
00:35:16,080 --> 00:35:20,160
Speaker 1: should have done is you know, which is what I

684
00:35:20,200 --> 00:35:20,840
Speaker 1: tell people to do.

685
00:35:20,960 --> 00:35:23,839
Speaker 4: Now. The new guy that was buying the thing wanted

686
00:35:23,880 --> 00:35:24,920
Speaker 4: me to stay, and I was like no.

687
00:35:25,360 --> 00:35:28,920
Speaker 1: It was like again my ego, and I say to people,

688
00:35:28,960 --> 00:35:31,560
Speaker 1: don't leave. Don't just think you're going to bootstrap a

689
00:35:31,640 --> 00:35:34,600
Speaker 1: business from one day to the next and leave your income,

690
00:35:35,400 --> 00:35:39,920
Speaker 1: like side hustle it while you're cut your job and

691
00:35:39,960 --> 00:35:42,880
Speaker 1: while you figured out some stuff, you know, Like I

692
00:35:43,600 --> 00:35:47,440
Speaker 1: went through four miserable years after that trying to start

693
00:35:47,480 --> 00:35:52,160
Speaker 1: a business that wasn't happening, and I had to go

694
00:35:52,200 --> 00:35:56,520
Speaker 1: back to CBS and like do Stringer reports to make money?

695
00:35:57,280 --> 00:36:01,080
Speaker 1: And and I would and I would like my parents

696
00:36:01,120 --> 00:36:01,680
Speaker 1: would be like.

697
00:36:02,680 --> 00:36:05,640
Speaker 5: Why what are you doing? You're going to lose your looks,

698
00:36:05,680 --> 00:36:07,560
Speaker 5: you don't find a man. Why are you doing this?

699
00:36:07,800 --> 00:36:10,279
Speaker 5: We lost everything in Cuba. Why do you have to

700
00:36:10,280 --> 00:36:13,040
Speaker 5: be entrepreneur, Why can't you just get a job. And

701
00:36:13,120 --> 00:36:16,759
Speaker 5: I would hear this every day, and you know, I

702
00:36:16,840 --> 00:36:20,640
Speaker 5: called Jerry Perenchio back up and I said, I'm trying to.

703
00:36:20,560 --> 00:36:22,120
Speaker 4: Do this business. It's four years.

704
00:36:22,160 --> 00:36:25,160
Speaker 1: It's not working, and he goes, When I was your age,

705
00:36:25,160 --> 00:36:27,680
Speaker 1: I started a business. I lost money for ten years,

706
00:36:27,960 --> 00:36:29,759
Speaker 1: and then I became a multi millionaire.

707
00:36:30,239 --> 00:36:31,560
Speaker 4: You're only in it for four years.

708
00:36:31,560 --> 00:36:34,640
Speaker 3: What are you doing? I might have said the same

709
00:36:34,680 --> 00:36:37,480
Speaker 3: thing to you, guy, But I.

710
00:36:37,440 --> 00:36:41,520
Speaker 1: Also know from helping other entrepreneurs, you also have to

711
00:36:41,560 --> 00:36:42,920
Speaker 1: know when it's time to give up.

712
00:36:43,000 --> 00:36:47,480
Speaker 3: Yes, you do. You said, sometimes you gotta know when

713
00:36:47,520 --> 00:36:47,879
Speaker 3: to quit.

714
00:36:48,800 --> 00:36:52,800
Speaker 2: Yes, that could be a relationship, that could be school,

715
00:36:53,200 --> 00:36:56,239
Speaker 2: that could be a job, that could be entrepreneurship, that

716
00:36:56,239 --> 00:37:00,359
Speaker 2: could be I mean smoking. I mean, but nobody said, boy,

717
00:37:00,440 --> 00:37:03,080
Speaker 2: I can't wait to keep smoking. So people at least

718
00:37:03,080 --> 00:37:08,120
Speaker 2: know you gotta quit that one. What do we say

719
00:37:08,160 --> 00:37:11,239
Speaker 2: to people, because to give them that moment, maybe this

720
00:37:11,400 --> 00:37:12,320
Speaker 2: moment for somebody.

721
00:37:14,160 --> 00:37:19,279
Speaker 1: I think when you are climbing up a mountain the

722
00:37:19,360 --> 00:37:23,080
Speaker 1: hardest possible way. You know, when I was on Celebrity Apprentice,

723
00:37:23,120 --> 00:37:25,560
Speaker 1: Jean Simmons said to me, and I thought at first

724
00:37:25,560 --> 00:37:28,319
Speaker 1: it hurt me that he said it, But he was

725
00:37:28,400 --> 00:37:32,400
Speaker 1: so right about about this about me, he said, even

726
00:37:32,480 --> 00:37:35,600
Speaker 1: working on Celebrity Apprentice, which was just a show, it

727
00:37:35,680 --> 00:37:39,840
Speaker 1: was fun. I am so, you know, And he's like,

728
00:37:40,239 --> 00:37:43,520
Speaker 1: go on, I feel like you're an immigrant that's climbing

729
00:37:43,560 --> 00:37:45,640
Speaker 1: a mountain the hardest possible way.

730
00:37:46,440 --> 00:37:49,759
Speaker 4: Why don't you. Why can't you ease into it? Why

731
00:37:49,800 --> 00:37:52,000
Speaker 4: can't you? And he's not wrong.

732
00:37:52,920 --> 00:37:58,280
Speaker 1: And I think that when you sometimes like the biggest

733
00:37:58,280 --> 00:38:02,960
Speaker 1: successes of my life have come easily, like the door

734
00:38:03,080 --> 00:38:05,640
Speaker 1: has opened easily. It's almost like the universe is showing

735
00:38:05,719 --> 00:38:12,200
Speaker 1: you and sometimes you're trying so hard. I think when

736
00:38:12,200 --> 00:38:16,200
Speaker 1: you give it, you're one hundred percent all and not

737
00:38:16,400 --> 00:38:20,080
Speaker 1: one thing is going right. I think the universe is

738
00:38:20,080 --> 00:38:22,840
Speaker 1: trying to tell you something. I think that in the

739
00:38:22,880 --> 00:38:28,440
Speaker 1: case of me with that business, I did get little bites.

740
00:38:28,560 --> 00:38:32,360
Speaker 1: I was getting little bites and whine because the timing

741
00:38:32,560 --> 00:38:34,480
Speaker 1: was coming, so it wasn't.

742
00:38:34,280 --> 00:38:35,879
Speaker 4: Completely like otherwise I would have quit.

743
00:38:36,800 --> 00:38:41,120
Speaker 1: I was getting little signs of positivity that amounted into

744
00:38:41,160 --> 00:38:42,040
Speaker 1: a volcano.

745
00:38:42,480 --> 00:38:44,200
Speaker 4: Like when it came, it came all at once.

746
00:38:45,200 --> 00:38:48,880
Speaker 1: So I wasn't wrong, but I could have done it

747
00:38:49,000 --> 00:38:50,920
Speaker 1: easier without so much pain.

748
00:38:51,400 --> 00:38:54,399
Speaker 4: So I would say to you, if you're at it

749
00:38:54,480 --> 00:38:59,640
Speaker 4: and at it and at it and in every business

750
00:38:59,719 --> 00:38:59,960
Speaker 4: is pay.

751
00:39:00,400 --> 00:39:02,680
Speaker 1: But I would say with you with Pobo, didn't you

752
00:39:02,680 --> 00:39:05,279
Speaker 1: get like didn't you get like little signs that it

753
00:39:05,320 --> 00:39:06,040
Speaker 1: was gonna work out?

754
00:39:06,320 --> 00:39:09,040
Speaker 2: Yeah, a whole bunch of little milestones and little wins.

755
00:39:09,160 --> 00:39:10,719
Speaker 2: Not that it's going to even work out, that it's

756
00:39:10,800 --> 00:39:12,480
Speaker 2: just to you know what our efforts are starting to

757
00:39:12,520 --> 00:39:14,640
Speaker 2: call you know, we don't know, we don't know, but

758
00:39:14,719 --> 00:39:16,239
Speaker 2: we do know something's here.

759
00:39:16,280 --> 00:39:17,440
Speaker 3: And I just got a little win.

760
00:39:18,239 --> 00:39:18,719
Speaker 4: That's right.

761
00:39:19,440 --> 00:39:22,200
Speaker 1: And I think there been other times in my life

762
00:39:23,440 --> 00:39:27,920
Speaker 1: where it's so definitively a disaster. I mean, I can

763
00:39:27,960 --> 00:39:32,200
Speaker 1: give you an example that you have to give up

764
00:39:33,760 --> 00:39:35,640
Speaker 1: and you just have to surrender.

765
00:39:35,880 --> 00:39:36,960
Speaker 3: I want to know that example.

766
00:39:36,960 --> 00:39:39,080
Speaker 2: But I want to know how did Gene Simmons, within

767
00:39:39,239 --> 00:39:44,480
Speaker 2: who's brilliant, How would Gene Simmons, within a little period

768
00:39:44,520 --> 00:39:48,000
Speaker 2: of time be able to pull that analogy or or

769
00:39:48,120 --> 00:39:51,239
Speaker 2: break you down to that extent where he can notice it.

770
00:39:51,280 --> 00:39:53,239
Speaker 3: Because I'll give you example. You know, is it going

771
00:39:53,280 --> 00:39:55,080
Speaker 3: back to the ego or not. I'll give an example.

772
00:39:55,960 --> 00:39:56,319
Speaker 3: One of my.

773
00:39:56,400 --> 00:39:59,640
Speaker 2: Daughters never wants anybody to know I've always kept out

774
00:39:59,680 --> 00:40:01,879
Speaker 2: of the public because you know, when she was coming up,

775
00:40:01,920 --> 00:40:03,840
Speaker 2: there was not social media. And I always want my

776
00:40:03,880 --> 00:40:08,160
Speaker 2: little girls to be great human beings, upon them earning

777
00:40:08,200 --> 00:40:09,799
Speaker 2: their right and doing what they want.

778
00:40:09,840 --> 00:40:12,960
Speaker 3: I don't want the pressure. However, I do.

779
00:40:13,080 --> 00:40:15,560
Speaker 2: Say to her sometimes, hey, you know, let me let

780
00:40:15,600 --> 00:40:18,200
Speaker 2: me call somebody that I may know, you know in

781
00:40:18,280 --> 00:40:21,239
Speaker 2: that position, because I know you want you need an internship.

782
00:40:21,239 --> 00:40:24,200
Speaker 2: And she goes absolutely not, And I try to break

783
00:40:24,239 --> 00:40:27,080
Speaker 2: it down there and say, listen, I know you want

784
00:40:27,080 --> 00:40:29,359
Speaker 2: to earn this all on your own. But by the way,

785
00:40:30,440 --> 00:40:33,759
Speaker 2: when Daddy called my friends, if I called Nelly to

786
00:40:34,239 --> 00:40:36,680
Speaker 2: uh to to to let you be an intern or

787
00:40:36,680 --> 00:40:40,040
Speaker 2: work somewhere, don't think you're gonna get any special treatent

788
00:40:40,040 --> 00:40:42,560
Speaker 2: matter of fact, she'll fire your ass before she fires anybody,

789
00:40:42,560 --> 00:40:45,360
Speaker 2: because she's gonna say, I'm not gonna allow Damon would

790
00:40:45,360 --> 00:40:47,640
Speaker 2: never allow his daughter to get this special treatment, and

791
00:40:47,680 --> 00:40:48,960
Speaker 2: get your ass out of here.

792
00:40:49,719 --> 00:40:52,759
Speaker 3: And so you're only getting your foot in the door.

793
00:40:52,800 --> 00:40:54,400
Speaker 3: After that, Nelly's got to run a business.

794
00:40:54,400 --> 00:40:56,080
Speaker 2: She ain't gonna be like, oh, well the numbers are down,

795
00:40:56,480 --> 00:41:00,080
Speaker 2: let's just keep them down because that's Damon's daughter. So

796
00:41:00,280 --> 00:41:03,800
Speaker 2: I always say, get every every little aspect you can

797
00:41:04,520 --> 00:41:05,160
Speaker 2: is helpful.

798
00:41:07,000 --> 00:41:07,480
Speaker 4: Absolutely.

799
00:41:07,560 --> 00:41:09,680
Speaker 2: You know, why does she make it so hard on herself?

800
00:41:09,719 --> 00:41:11,560
Speaker 2: She act like, you know, my daughter wants to make

801
00:41:11,600 --> 00:41:12,680
Speaker 2: it no problem.

802
00:41:13,400 --> 00:41:15,880
Speaker 3: But is that when.

803
00:41:15,680 --> 00:41:18,680
Speaker 2: You're how did Jeane find out about you? Just like

804
00:41:18,920 --> 00:41:21,719
Speaker 2: knowing that you were climbing the flat side of the mountain.

805
00:41:22,320 --> 00:41:27,680
Speaker 1: Because we worked on tasks together. And he's remember Geene

806
00:41:27,680 --> 00:41:30,120
Speaker 1: Simmons is Israeli and he's an immigrant. I don't think

807
00:41:30,160 --> 00:41:31,120
Speaker 1: people know that about it.

808
00:41:31,200 --> 00:41:32,600
Speaker 2: I did not know that. I just knew he's a

809
00:41:32,680 --> 00:41:35,239
Speaker 2: rock star and we actually have the same we never talk. Well,

810
00:41:35,280 --> 00:41:37,680
Speaker 2: we've had the same IP attorney for the last thirty years.

811
00:41:38,280 --> 00:41:41,640
Speaker 1: Jean Simmons was a school teacher in New York for

812
00:41:41,800 --> 00:41:45,560
Speaker 1: years before he became Kiss Wow. And he came up

813
00:41:45,560 --> 00:41:49,200
Speaker 1: with kiss because he said, I want them to work costumes,

814
00:41:49,239 --> 00:41:52,920
Speaker 1: so eventually we don't even have to perform like they

815
00:41:52,920 --> 00:41:53,319
Speaker 1: could go.

816
00:41:53,280 --> 00:41:54,880
Speaker 4: On the You know, it was a smart boom.

817
00:41:55,560 --> 00:42:01,040
Speaker 1: He is an immigrant Israeli and he knows from he

818
00:42:01,120 --> 00:42:02,719
Speaker 1: felt me because he used to be me.

819
00:42:03,440 --> 00:42:04,480
Speaker 3: Mmmm, that's true.

820
00:42:06,880 --> 00:42:10,840
Speaker 1: So I think I think that going back to two difficult,

821
00:42:11,680 --> 00:42:16,560
Speaker 1: and I think everything is difficult and climbing to wherever

822
00:42:16,600 --> 00:42:19,160
Speaker 1: you want to go is difficult. It's not easy for anybody,

823
00:42:19,640 --> 00:42:23,520
Speaker 1: but you have to really again, and I think you, well,

824
00:42:23,520 --> 00:42:25,440
Speaker 1: that's why we all need mentors. You need somebody to

825
00:42:25,480 --> 00:42:27,919
Speaker 1: tell you it's time to call it a day.

826
00:42:28,600 --> 00:42:32,160
Speaker 2: It is, it is, And I guess that's that's the

827
00:42:32,200 --> 00:42:35,360
Speaker 2: important part, having the mentors to then you know you

828
00:42:35,360 --> 00:42:38,800
Speaker 2: you're questioning yourself, right and I you know, I mentor

829
00:42:38,840 --> 00:42:40,880
Speaker 2: a lot of obviously, and you do too, a lot

830
00:42:40,920 --> 00:42:44,120
Speaker 2: of CEOs and stuff. And the question is gathering as

831
00:42:44,239 --> 00:42:47,480
Speaker 2: much information because when you start moving on these journeys

832
00:42:47,520 --> 00:42:52,360
Speaker 2: by yourself, there's that one part where everybody who was

833
00:42:52,400 --> 00:42:54,680
Speaker 2: the naysay is, which is ninety percent of the world

834
00:42:54,719 --> 00:42:57,120
Speaker 2: who just they don't see the vision or maybe they've

835
00:42:57,120 --> 00:42:59,479
Speaker 2: been trained this way. You can't listen to them because

836
00:42:59,480 --> 00:43:02,920
Speaker 2: you're moving into an area by yourself. However, there are

837
00:43:02,960 --> 00:43:05,719
Speaker 2: people who've been there who will way further ahead of you,

838
00:43:05,840 --> 00:43:09,120
Speaker 2: and if you have the opportunity to get a hold

839
00:43:09,160 --> 00:43:14,520
Speaker 2: of their attention, you need that information because as entrepreneurs

840
00:43:14,520 --> 00:43:16,840
Speaker 2: and anybody who like you and I and the people

841
00:43:16,880 --> 00:43:21,440
Speaker 2: listening a type personalities, well, all the naysayers are behind us.

842
00:43:21,840 --> 00:43:23,879
Speaker 2: That's right, but all the people who've succeeded are ahead

843
00:43:23,880 --> 00:43:27,480
Speaker 2: of us. How do we how do we and where

844
00:43:27,480 --> 00:43:28,879
Speaker 2: do we get that information from?

845
00:43:28,920 --> 00:43:30,560
Speaker 4: You know, well, I'm going to tell you this.

846
00:43:30,840 --> 00:43:35,759
Speaker 1: I think I tell everybody I've had great mentorship, and

847
00:43:35,800 --> 00:43:39,440
Speaker 1: I've had great mentorship because I ask everybody not to

848
00:43:39,480 --> 00:43:41,759
Speaker 1: be my mentor, because I think that's off putting. But

849
00:43:41,880 --> 00:43:45,120
Speaker 1: I ask people questions, and I think I really have

850
00:43:45,280 --> 00:43:49,040
Speaker 1: learned to listen to people older than me. I mean

851
00:43:49,120 --> 00:43:52,359
Speaker 1: my I just did a podcast with my eighty year

852
00:43:52,400 --> 00:43:54,560
Speaker 1: old real estate mentor.

853
00:43:54,320 --> 00:43:57,640
Speaker 4: Who's an older Jewish woman taught me.

854
00:43:58,000 --> 00:43:59,759
Speaker 1: She was a real estate agent and she taught she

855
00:43:59,800 --> 00:44:03,000
Speaker 1: had made a fortune herself, and she taught me how to.

856
00:44:03,000 --> 00:44:03,760
Speaker 4: Buy real estate.

857
00:44:04,360 --> 00:44:07,920
Speaker 1: I don't know why more young especially, I'm gonna say

858
00:44:07,960 --> 00:44:11,399
Speaker 1: young women don't come to older women. We don't want

859
00:44:11,400 --> 00:44:13,319
Speaker 1: anything from you. I've been there, done that, bought the

860
00:44:13,360 --> 00:44:16,279
Speaker 1: T shirt. If I tell you, don't go down this

861
00:44:16,400 --> 00:44:20,960
Speaker 1: road because you're gonna fall, you're gonna fall. So you

862
00:44:21,000 --> 00:44:25,040
Speaker 1: know the parts of me that have been healthiest, which

863
00:44:25,080 --> 00:44:28,839
Speaker 1: are my business parts, I think I have heard I've

864
00:44:28,920 --> 00:44:31,440
Speaker 1: had a hard, harder time like all of us in

865
00:44:31,800 --> 00:44:35,359
Speaker 1: personal life because I think we're run personally by our

866
00:44:35,400 --> 00:44:38,960
Speaker 1: hormones when we're young and we make bad decisions. I could,

867
00:44:39,280 --> 00:44:40,840
Speaker 1: I could give the women out there that are listening

868
00:44:40,880 --> 00:44:43,799
Speaker 1: a whole speech about that. But in business, I have

869
00:44:44,040 --> 00:44:47,360
Speaker 1: listened to my elders, and I listened to my friends,

870
00:44:47,640 --> 00:44:50,720
Speaker 1: and I listen to my friends that are minorities because

871
00:44:50,760 --> 00:44:54,000
Speaker 1: we understand what we've had to We have a whole

872
00:44:54,040 --> 00:44:57,360
Speaker 1: special set of issues that only we understand.

873
00:44:58,360 --> 00:45:02,719
Speaker 2: You. I really want to get to I really want

874
00:45:02,760 --> 00:45:05,520
Speaker 2: to get to some other aspects of your life, but

875
00:45:06,080 --> 00:45:09,279
Speaker 2: I keep getting caught on all these amazing nuggets that

876
00:45:09,320 --> 00:45:09,880
Speaker 2: you're dropping.

877
00:45:10,120 --> 00:45:12,680
Speaker 3: This is that moment for me. I just realized something.

878
00:45:13,920 --> 00:45:17,799
Speaker 3: When I think of mentorship, I think of I think

879
00:45:17,800 --> 00:45:19,880
Speaker 3: of I'm just sorry. This is the way I think.

880
00:45:19,920 --> 00:45:22,920
Speaker 2: I think of men and or women seeking out of

881
00:45:23,000 --> 00:45:26,080
Speaker 2: the businessmen, but generally men talking about and we owe

882
00:45:26,160 --> 00:45:27,880
Speaker 2: all my circle of meen. We talk about all the

883
00:45:27,920 --> 00:45:29,719
Speaker 2: men we've talked to. And I do know women who

884
00:45:29,920 --> 00:45:33,239
Speaker 2: come to me and about level of mentorship and you

885
00:45:33,280 --> 00:45:35,840
Speaker 2: know whatever. They could be women who are young ladies

886
00:45:35,880 --> 00:45:39,200
Speaker 2: at fifteen or thirty or forty, But I actually have

887
00:45:39,360 --> 00:45:45,000
Speaker 2: never really heard all besides women going to other matriarchs

888
00:45:45,040 --> 00:45:49,600
Speaker 2: in their family. I don't necessarily know if I really

889
00:45:49,920 --> 00:45:52,760
Speaker 2: have heard too many women say. I have a group

890
00:45:52,840 --> 00:45:57,920
Speaker 2: of women mentors from all different walks of life, and

891
00:45:57,960 --> 00:46:02,240
Speaker 2: I asked them who or you know, in their sixties, seventies, eighties,

892
00:46:02,239 --> 00:46:04,480
Speaker 2: what are the cases? And I keep going to them

893
00:46:04,520 --> 00:46:09,040
Speaker 2: to ask them everything from you know, because it's it's challenging.

894
00:46:09,120 --> 00:46:11,759
Speaker 2: I don't think that that is as popular besides the

895
00:46:11,760 --> 00:46:14,080
Speaker 2: women who probably talk to their aunts and their mothers

896
00:46:14,120 --> 00:46:16,960
Speaker 2: and grandmothers of course, right because they've seen, you know,

897
00:46:17,000 --> 00:46:19,280
Speaker 2: what they've been through or what they who they've raised.

898
00:46:19,360 --> 00:46:24,400
Speaker 2: I don't normally see many women seeking out a massive

899
00:46:24,440 --> 00:46:26,840
Speaker 2: amount of more mature women as mentors.

900
00:46:26,920 --> 00:46:27,600
Speaker 3: Is that true?

901
00:46:28,360 --> 00:46:29,320
Speaker 4: I think that's true.

902
00:46:29,480 --> 00:46:35,560
Speaker 1: I think that I have cultivated these relationships because I again,

903
00:46:35,680 --> 00:46:37,680
Speaker 1: I see somebody and I go, God, that person knows

904
00:46:37,680 --> 00:46:40,480
Speaker 1: something I don't know, and I ask them out to lunch.

905
00:46:41,440 --> 00:46:43,560
Speaker 1: I don't like I think you know a lot of

906
00:46:43,560 --> 00:46:45,279
Speaker 1: people come up to you and me, dam and I go,

907
00:46:45,320 --> 00:46:46,200
Speaker 1: can you be my mentor?

908
00:46:46,239 --> 00:46:48,239
Speaker 4: I mean, how many people can I mentor? Right?

909
00:46:49,040 --> 00:46:52,560
Speaker 1: It's off putting, but if you say to me, you know,

910
00:46:52,640 --> 00:46:54,800
Speaker 1: I really appreciate you can I take you to lunch

911
00:46:54,880 --> 00:46:57,400
Speaker 1: or can I or you said, like, you have to

912
00:46:57,440 --> 00:47:02,160
Speaker 1: be smart about it because I think relationships are cultivated

913
00:47:02,880 --> 00:47:07,400
Speaker 1: and I think that I you know, everybody ignores people

914
00:47:07,440 --> 00:47:10,360
Speaker 1: that are older. And when you ask an older person

915
00:47:10,400 --> 00:47:13,440
Speaker 1: that's wise, that has so much, and you ask them

916
00:47:13,440 --> 00:47:15,600
Speaker 1: out to lunch, are they are they getting asked out

917
00:47:15,640 --> 00:47:16,319
Speaker 1: to lunch a lot?

918
00:47:17,360 --> 00:47:20,000
Speaker 4: And then they're they're there for you because.

919
00:47:19,840 --> 00:47:22,279
Speaker 2: They have time to tell you, well, here's the best,

920
00:47:22,360 --> 00:47:25,319
Speaker 2: here's the best about older When you ask older people,

921
00:47:25,400 --> 00:47:29,080
Speaker 2: so they give no fucks. They're gonna tell you exactly

922
00:47:29,120 --> 00:47:30,960
Speaker 2: what they think now now. And I want to make

923
00:47:31,000 --> 00:47:32,960
Speaker 2: sure that I'm very clear on that there are many, many,

924
00:47:32,960 --> 00:47:36,719
Speaker 2: many women mentor groups who are you know, women in

925
00:47:36,800 --> 00:47:40,480
Speaker 2: collective groups slush as you have a bunch a Cindy Whitehead,

926
00:47:40,680 --> 00:47:45,600
Speaker 2: a Canny Valentine, Robin Robbins. No, I'm not talking about

927
00:47:45,640 --> 00:47:48,640
Speaker 2: the women who may be executives all thirty, forty fifty.

928
00:47:48,640 --> 00:47:51,879
Speaker 2: I'm talking about a forty five year old asking an

929
00:47:52,040 --> 00:47:56,600
Speaker 2: eighty year old about various things in life, who she

930
00:47:56,800 --> 00:47:57,840
Speaker 2: is not related to.

931
00:47:57,920 --> 00:47:59,359
Speaker 3: Don't get me wrong, I have I have.

932
00:47:59,360 --> 00:48:04,839
Speaker 2: A twenty people over seventy primarily maleed with maybe three

933
00:48:04,880 --> 00:48:08,040
Speaker 2: of them women that I still that as Hey, what

934
00:48:08,640 --> 00:48:10,759
Speaker 2: am I not thinking about when it comes to the light,

935
00:48:11,040 --> 00:48:11,840
Speaker 2: when it comes.

936
00:48:11,640 --> 00:48:17,160
Speaker 3: To my children, relationships nothing to do with money, And

937
00:48:17,200 --> 00:48:21,200
Speaker 3: they give me the most fascinating advice that I also

938
00:48:21,200 --> 00:48:22,400
Speaker 3: apply to business later on.

939
00:48:23,320 --> 00:48:23,960
Speaker 4: Listen to this.

940
00:48:24,280 --> 00:48:26,759
Speaker 1: I went to see an eighty year old friend of

941
00:48:26,800 --> 00:48:31,880
Speaker 1: mine a year ago and she was passing. She passed

942
00:48:31,920 --> 00:48:35,080
Speaker 1: since and the last time I saw her, I said,

943
00:48:35,560 --> 00:48:39,040
Speaker 1: tell me before you leave this earth, what do I

944
00:48:39,120 --> 00:48:41,320
Speaker 1: need to know that you wish you knew at my age?

945
00:48:42,719 --> 00:48:46,439
Speaker 1: And she said, you need to have a great mate

946
00:48:46,600 --> 00:48:49,839
Speaker 1: at the end of your life. You need to exercise

947
00:48:50,200 --> 00:48:54,280
Speaker 1: way more than you ever think. You need to study

948
00:48:54,440 --> 00:48:59,000
Speaker 1: balance because everybody, most people die of falls and it's

949
00:48:59,000 --> 00:48:59,920
Speaker 1: the worst way.

950
00:48:59,760 --> 00:49:01,440
Speaker 3: To go physical balance.

951
00:49:02,280 --> 00:49:06,359
Speaker 1: Yeah, balance, learning how to balance yourself. And I don't

952
00:49:06,360 --> 00:49:08,560
Speaker 1: have to worry about you because you're very good with money.

953
00:49:09,000 --> 00:49:12,000
Speaker 1: But you need more money than you think. At the end,

954
00:49:13,680 --> 00:49:18,440
Speaker 1: you're gonna need extra help. And I said, and then

955
00:49:19,480 --> 00:49:20,840
Speaker 1: ten days later she passed.

956
00:49:22,480 --> 00:49:24,160
Speaker 3: I know if you had asked me that, and I was,

957
00:49:24,239 --> 00:49:25,399
Speaker 3: you know, sick on my bed out.

958
00:49:25,320 --> 00:49:30,560
Speaker 2: Of and like enough with the goddamn questions already.

959
00:49:30,440 --> 00:49:32,360
Speaker 3: You know, you know, you know what. I want to

960
00:49:32,400 --> 00:49:33,000
Speaker 3: make sure that.

961
00:49:33,880 --> 00:49:34,920
Speaker 4: I'm going to tell you something.

962
00:49:35,280 --> 00:49:38,600
Speaker 1: I just read this Harvard study on happiness. They asked

963
00:49:38,640 --> 00:49:40,960
Speaker 1: all these old people what they wish they had more of.

964
00:49:41,480 --> 00:49:48,800
Speaker 1: And I really believe that people are craving deep conversations.

965
00:49:50,360 --> 00:49:53,920
Speaker 1: And I feel like that's the thing I love. Like,

966
00:49:54,560 --> 00:49:56,960
Speaker 1: you know, you and I have had very deep conversations.

967
00:49:57,160 --> 00:49:58,400
Speaker 3: Yeah, you get together.

968
00:49:58,440 --> 00:50:00,040
Speaker 1: I mean, I don't know. Maybe it's because we I

969
00:50:00,080 --> 00:50:01,800
Speaker 1: don't know why. We have a lot of some body

970
00:50:01,800 --> 00:50:04,360
Speaker 1: going we go. I like deep.

971
00:50:04,640 --> 00:50:07,080
Speaker 4: I don't want to go blah blah blah. I want

972
00:50:07,080 --> 00:50:07,760
Speaker 4: to go deep.

973
00:50:08,480 --> 00:50:10,759
Speaker 1: I want to I want to really, you know, I

974
00:50:10,800 --> 00:50:13,600
Speaker 1: was telling a friend of mine, I am loving this

975
00:50:13,640 --> 00:50:17,600
Speaker 1: period of life because I love going back and thinking

976
00:50:18,000 --> 00:50:20,160
Speaker 1: what did I do right? What did I do wrong?

977
00:50:20,200 --> 00:50:22,560
Speaker 1: It's also we have children. I think we owe it

978
00:50:22,600 --> 00:50:25,359
Speaker 1: to our children to tell them these things. What do

979
00:50:25,400 --> 00:50:27,359
Speaker 1: I wish I had done different? I hate when people

980
00:50:27,400 --> 00:50:30,440
Speaker 1: say they have no regrets. Everybody has regrets. They may

981
00:50:30,480 --> 00:50:31,640
Speaker 1: not admit it, but they do.

982
00:50:32,800 --> 00:50:34,120
Speaker 4: Why do you think what.

983
00:50:34,320 --> 00:50:37,560
Speaker 1: Has what's gotten me here still working for me? Or

984
00:50:37,560 --> 00:50:39,640
Speaker 1: what could I do differently going forward?

985
00:50:39,719 --> 00:50:42,520
Speaker 2: Now that I'm wiser, Yeah, because it's gotten you there,

986
00:50:42,560 --> 00:50:45,960
Speaker 2: because some of those things won't get you further. And

987
00:50:46,040 --> 00:50:49,920
Speaker 2: sometimes it's some of the people in your life who

988
00:50:50,000 --> 00:50:52,200
Speaker 2: gotten you there, but they can't. You can't take everybody

989
00:50:52,200 --> 00:50:54,400
Speaker 2: with you on this new journey because they're not ready

990
00:50:54,400 --> 00:50:56,040
Speaker 2: for that journey. And I want to make sure that

991
00:50:56,080 --> 00:50:59,799
Speaker 2: I hit those four points before we leave, because those

992
00:50:59,800 --> 00:51:01,600
Speaker 2: are the things that I want people to know. I

993
00:51:01,640 --> 00:51:04,440
Speaker 2: mean those four points that you know about balance, about

994
00:51:04,480 --> 00:51:09,800
Speaker 2: having more than you think you need, about having a mate,

995
00:51:09,960 --> 00:51:13,120
Speaker 2: and those things, they're very, very critical. You know, I'm

996
00:51:13,160 --> 00:51:16,120
Speaker 2: always in deep conversation with you. I mean, I'm heading

997
00:51:16,160 --> 00:51:18,680
Speaker 2: to Paris next next week. And you know why I'm

998
00:51:18,680 --> 00:51:20,799
Speaker 2: heading to Paris. I've been to Paris a million times.

999
00:51:20,840 --> 00:51:24,200
Speaker 2: I've never been with my wife was always working, and

1000
00:51:24,719 --> 00:51:27,000
Speaker 2: I never really enjoyed Paris. And somebody said to me,

1001
00:51:27,160 --> 00:51:28,919
Speaker 2: he said, you know, you got a little girl. He said,

1002
00:51:29,400 --> 00:51:30,880
Speaker 2: you know what I do with my little girl. I

1003
00:51:30,920 --> 00:51:33,239
Speaker 2: took her to Paris last month last year. And I

1004
00:51:33,280 --> 00:51:34,839
Speaker 2: said why, He said, because I want her to know

1005
00:51:34,920 --> 00:51:39,200
Speaker 2: that only a man that truly loves you is going

1006
00:51:39,280 --> 00:51:39,720
Speaker 2: to take.

1007
00:51:39,600 --> 00:51:42,560
Speaker 3: You to Paris. So I'm taking my little girl to Paris.

1008
00:51:42,600 --> 00:51:45,920
Speaker 2: By the way, my wife is invited, but anytime she

1009
00:51:45,960 --> 00:51:46,880
Speaker 2: gets out of hand.

1010
00:51:47,320 --> 00:51:49,840
Speaker 4: I'm single, so you better find me that way.

1011
00:51:51,200 --> 00:51:54,759
Speaker 2: That's your job, buddy, exactly. But you know, it's these

1012
00:51:54,840 --> 00:51:58,279
Speaker 2: little things that it is little. The world is moving

1013
00:51:58,320 --> 00:52:00,480
Speaker 2: so fast, but these deep conversations where I mean, these

1014
00:52:00,600 --> 00:52:06,520
Speaker 2: little little moments right will change people's lives forever if

1015
00:52:06,520 --> 00:52:09,200
Speaker 2: they just really collect a lot of these moments and

1016
00:52:09,239 --> 00:52:12,040
Speaker 2: put them in an area where they see what fits

1017
00:52:12,040 --> 00:52:12,440
Speaker 2: for them.

1018
00:52:12,480 --> 00:52:14,160
Speaker 4: And I think it's important for men to hear.

1019
00:52:14,880 --> 00:52:17,279
Speaker 1: You know, you're lucky because you and I and you're

1020
00:52:17,400 --> 00:52:20,640
Speaker 1: very open and very authentic. But men don't like to

1021
00:52:20,719 --> 00:52:23,480
Speaker 1: always dig, you know. You know, I have a doctorate

1022
00:52:23,520 --> 00:52:26,759
Speaker 1: in psychology, so I like to go deep. But I

1023
00:52:26,800 --> 00:52:31,520
Speaker 1: think that a life that is not looked at deeply

1024
00:52:32,680 --> 00:52:35,440
Speaker 1: is like it's almost like it didn't happen if you

1025
00:52:35,480 --> 00:52:39,200
Speaker 1: don't share. You know, my friend Sandrasis Netros, who's are

1026
00:52:39,280 --> 00:52:41,759
Speaker 1: Maya Angelou and the Latino Market, always says to me,

1027
00:52:42,080 --> 00:52:44,680
Speaker 1: you got to write your stories because otherwise they didn't happen.

1028
00:52:45,840 --> 00:52:50,000
Speaker 1: And I'm also saying, you've got to tell your truths.

1029
00:52:50,280 --> 00:52:54,960
Speaker 1: You've got to unravel the truths of your life and

1030
00:52:55,080 --> 00:52:58,560
Speaker 1: share them. Otherwise, what was the point of your life?

1031
00:52:58,640 --> 00:53:04,200
Speaker 3: How was the reason of your exist sense? Yeah, that's critical.

1032
00:53:03,960 --> 00:53:09,080
Speaker 1: Wisdom, your regrets, all of it is so powerful for

1033
00:53:09,160 --> 00:53:10,040
Speaker 1: another person.

1034
00:53:10,760 --> 00:53:14,040
Speaker 2: Now listen, we've had we've had a great conversation, and

1035
00:53:14,080 --> 00:53:16,440
Speaker 2: this is extremely powerful, and we're gonna have to do

1036
00:53:16,480 --> 00:53:19,440
Speaker 2: this again. And I know that so many people taken

1037
00:53:19,440 --> 00:53:20,759
Speaker 2: away you.

1038
00:53:20,760 --> 00:53:23,400
Speaker 1: And I I mean, listen, there's no there's no short

1039
00:53:23,440 --> 00:53:24,480
Speaker 1: of a material man.

1040
00:53:24,960 --> 00:53:25,239
Speaker 3: I know.

1041
00:53:25,360 --> 00:53:27,600
Speaker 2: I mean, I gotta really, I gotta really, I gotta

1042
00:53:27,600 --> 00:53:29,560
Speaker 2: look at this because there's four or five things I've

1043
00:53:29,560 --> 00:53:30,520
Speaker 2: taken out of you by.

1044
00:53:30,480 --> 00:53:31,880
Speaker 4: Saying no, I was gonna say that.

1045
00:53:31,920 --> 00:53:33,880
Speaker 1: What I love I think why I like you so

1046
00:53:34,000 --> 00:53:37,520
Speaker 1: much is I think you and I both love to

1047
00:53:37,719 --> 00:53:39,440
Speaker 1: teach or impart what we know.

1048
00:53:40,160 --> 00:53:44,879
Speaker 4: But I think we also both love to learn. Every day.

1049
00:53:45,400 --> 00:53:47,920
Speaker 2: Absolutely, they say, you know, make sure you learn something

1050
00:53:48,000 --> 00:53:50,400
Speaker 2: new every day, especially in the morning, because if you do,

1051
00:53:50,480 --> 00:53:54,120
Speaker 2: it may save your life. But but uh, you know,

1052
00:53:54,200 --> 00:53:55,719
Speaker 2: I want I want to put a button on this.

1053
00:53:56,400 --> 00:53:58,960
Speaker 2: You know, I have we taken this journey and I

1054
00:53:59,000 --> 00:54:00,600
Speaker 2: and and I know people you know, I want I

1055
00:54:00,640 --> 00:54:06,560
Speaker 2: want to make sure they can exhale you went, Yeah,

1056
00:54:06,600 --> 00:54:10,560
Speaker 2: you went through all those those turbulent times, the UPSTI down,

1057
00:54:10,640 --> 00:54:13,560
Speaker 2: the taking of risks, the moving over here. Then all

1058
00:54:13,600 --> 00:54:15,960
Speaker 2: of a sudden you get to this really great point

1059
00:54:15,960 --> 00:54:19,760
Speaker 2: in life. Not that it was easy being the president

1060
00:54:19,840 --> 00:54:25,280
Speaker 2: of Telemundo and all the Emmys and the seven hundred

1061
00:54:25,360 --> 00:54:26,480
Speaker 2: television shows.

1062
00:54:26,840 --> 00:54:27,880
Speaker 3: And now you're.

1063
00:54:28,160 --> 00:54:29,799
Speaker 1: Perry, by the way, in case all of you want

1064
00:54:29,800 --> 00:54:31,400
Speaker 1: to know, I'm Latina Tyler.

1065
00:54:31,080 --> 00:54:34,680
Speaker 2: Perry, and and you're at the top of the world

1066
00:54:34,800 --> 00:54:38,840
Speaker 2: and everything is going great. Once you had really turned

1067
00:54:38,840 --> 00:54:42,840
Speaker 2: back and looked over you know your past and your accomplishments,

1068
00:54:42,920 --> 00:54:45,160
Speaker 2: your failures, and you were at that really.

1069
00:54:44,960 --> 00:54:48,320
Speaker 4: Comfortable fare than accomplishments.

1070
00:54:47,600 --> 00:54:50,640
Speaker 2: Of course, and when you were at that comfortable place

1071
00:54:50,680 --> 00:54:53,960
Speaker 2: where you can start really deciding on what you want

1072
00:54:54,040 --> 00:54:57,400
Speaker 2: to do, when was the point when you either said

1073
00:54:58,080 --> 00:54:59,840
Speaker 2: I've done enough and I need to move over here,

1074
00:55:00,239 --> 00:55:04,360
Speaker 2: or I want to challenge myself again, or when was

1075
00:55:04,400 --> 00:55:05,640
Speaker 2: that point.

1076
00:55:05,920 --> 00:55:11,040
Speaker 1: I think when I had finally made money, which as

1077
00:55:11,080 --> 00:55:14,440
Speaker 1: an immigrant, I always feel like I'm broke, but I

1078
00:55:14,600 --> 00:55:19,000
Speaker 1: finally realized I have like it was a moment where

1079
00:55:19,000 --> 00:55:23,479
Speaker 1: I'd made enough money that I felt somewhat secure, let's say,

1080
00:55:24,360 --> 00:55:28,680
Speaker 1: and I made a crazy decision. I had a thought,

1081
00:55:29,239 --> 00:55:31,239
Speaker 1: if I were to die in a year, what would

1082
00:55:31,280 --> 00:55:33,640
Speaker 1: I regret? And the reason I thought that is because

1083
00:55:33,680 --> 00:55:36,840
Speaker 1: my son was in the third grade and he was

1084
00:55:36,880 --> 00:55:40,399
Speaker 1: struggling in school and he was diagnosed that he had

1085
00:55:40,480 --> 00:55:44,520
Speaker 1: some learning disabilities, and he said to me, I'm never

1086
00:55:44,560 --> 00:55:47,520
Speaker 1: going to go to college because you didn't finish college

1087
00:55:47,640 --> 00:55:51,160
Speaker 1: and you've done really well. And I thought I would

1088
00:55:51,200 --> 00:55:53,960
Speaker 1: regret if I died in a year. I would regret

1089
00:55:53,960 --> 00:55:59,120
Speaker 1: that my son never witnessed me finishing school. Not because

1090
00:55:59,160 --> 00:56:02,560
Speaker 1: I need a paper, because I'm already successful, but I

1091
00:56:02,600 --> 00:56:07,920
Speaker 1: want him to see that I acknowledge that I have

1092
00:56:08,000 --> 00:56:11,400
Speaker 1: gaps in my education and that I'm not a baked cake.

1093
00:56:12,400 --> 00:56:15,200
Speaker 1: And I went back to school, damon, and I got

1094
00:56:15,200 --> 00:56:18,359
Speaker 1: a master's in doctorate in clinical psychology. And I think

1095
00:56:18,400 --> 00:56:22,440
Speaker 1: it's the single greatest decision of my life, not because

1096
00:56:22,840 --> 00:56:28,880
Speaker 1: I finished college necessarily, but because I was super.

1097
00:56:28,520 --> 00:56:30,640
Speaker 4: Advanced in business, because I've been.

1098
00:56:30,640 --> 00:56:33,880
Speaker 1: Doing it since I'm a kid and super regressed and

1099
00:56:33,920 --> 00:56:37,319
Speaker 1: immature as a woman, and I had made so many

1100
00:56:37,360 --> 00:56:40,799
Speaker 1: bad decisions in my personal life because of my immaturity

1101
00:56:41,280 --> 00:56:44,239
Speaker 1: that going to psychology school and having to go to

1102
00:56:44,320 --> 00:56:47,360
Speaker 1: therapy myself and give therapy to other people.

1103
00:56:48,120 --> 00:56:48,880
Speaker 4: And I would say that.

1104
00:56:48,880 --> 00:56:50,120
Speaker 1: If I had to do my life over again, I

1105
00:56:50,120 --> 00:56:52,680
Speaker 1: would have started therapy at fifteen because all of us

1106
00:56:52,760 --> 00:56:56,640
Speaker 1: minorities are carrying so much baggage that to cleanse that

1107
00:56:57,160 --> 00:57:00,239
Speaker 1: is a big load off your back. I realize is

1108
00:57:00,280 --> 00:57:05,880
Speaker 1: that I was completely immature as a human being and

1109
00:57:06,120 --> 00:57:08,719
Speaker 1: very old as a career person, and I got to

1110
00:57:08,800 --> 00:57:12,839
Speaker 1: slow down my career and catch up and become congruent.

1111
00:57:15,520 --> 00:57:19,520
Speaker 3: Oh god, that's that's a whole nother. That's a whole another.

1112
00:57:20,000 --> 00:57:20,120
Speaker 1: Uh.

1113
00:57:21,560 --> 00:57:22,080
Speaker 4: That was the.

1114
00:57:22,040 --> 00:57:25,320
Speaker 1: Greatest moment for me to be in the second half

1115
00:57:25,360 --> 00:57:29,760
Speaker 1: of my life as a grown mature wise.

1116
00:57:30,760 --> 00:57:34,600
Speaker 2: And you would think, you know, people would think that

1117
00:57:34,680 --> 00:57:37,600
Speaker 2: the level of success with the title or the money

1118
00:57:37,760 --> 00:57:42,480
Speaker 2: or the the acknowledgement is equal.

1119
00:57:43,000 --> 00:57:46,160
Speaker 4: And have I worked within Hollywood that are mega wealthy

1120
00:57:46,680 --> 00:57:47,480
Speaker 4: and asses.

1121
00:57:47,840 --> 00:57:51,880
Speaker 2: Yeah, but people think that that's equal to success or

1122
00:57:52,080 --> 00:57:55,960
Speaker 2: and we know, listen, we also know Hollywood that is does.

1123
00:57:55,880 --> 00:57:58,040
Speaker 4: That necessarily bring happiness?

1124
00:57:58,160 --> 00:58:01,600
Speaker 2: So when when when somebody right now and that you know,

1125
00:58:01,680 --> 00:58:04,960
Speaker 2: so people some people they go and take a hoaj

1126
00:58:06,200 --> 00:58:10,080
Speaker 2: or they go and travel the world. They they go

1127
00:58:10,240 --> 00:58:13,240
Speaker 2: like you're saying, or they take up on hobby, or

1128
00:58:13,520 --> 00:58:15,920
Speaker 2: they go and work at childable organizations.

1129
00:58:15,960 --> 00:58:17,600
Speaker 3: They feel that with all this that.

1130
00:58:17,520 --> 00:58:24,240
Speaker 2: I've had around me, something's missing. You felt something was missing,

1131
00:58:24,320 --> 00:58:26,840
Speaker 2: and the most important investment in your life made it

1132
00:58:26,960 --> 00:58:30,520
Speaker 2: very clear to you that yeah, mom, nothing is missing.

1133
00:58:30,680 --> 00:58:32,680
Speaker 2: I'm gonna do this because and then you probably said,

1134
00:58:32,680 --> 00:58:34,880
Speaker 2: wait a minute, no, no, no, no, I want to

1135
00:58:35,040 --> 00:58:37,320
Speaker 2: I want to complete this. I want to complete this

1136
00:58:37,360 --> 00:58:39,960
Speaker 2: area of my life will go down this. When does

1137
00:58:40,000 --> 00:58:40,960
Speaker 2: somebody know to do that?

1138
00:58:42,920 --> 00:58:47,080
Speaker 1: I think when you're when you're realizing that certain some

1139
00:58:47,240 --> 00:58:49,520
Speaker 1: things are going wrong in your life, even though some

1140
00:58:49,560 --> 00:58:53,120
Speaker 1: things are going very right, and you're the common denominator

1141
00:58:53,120 --> 00:58:55,080
Speaker 1: in the story and you can't figure out why it

1142
00:58:55,160 --> 00:58:58,400
Speaker 1: keeps happening. I think you wake up one day and

1143
00:58:58,440 --> 00:59:01,120
Speaker 1: say something is wrong and I don't know what the

1144
00:59:01,160 --> 00:59:01,720
Speaker 1: answer is.

1145
00:59:01,960 --> 00:59:02,400
Speaker 3: I did that.

1146
00:59:03,320 --> 00:59:04,960
Speaker 2: I have to think about it now, reflecting on it.

1147
00:59:05,040 --> 00:59:08,200
Speaker 2: You know, Google, you know, was starting to slow down.

1148
00:59:08,280 --> 00:59:11,040
Speaker 2: I still had my other company and my other brands,

1149
00:59:11,120 --> 00:59:14,360
Speaker 2: and I realized that, man, I got all these houses,

1150
00:59:14,400 --> 00:59:16,760
Speaker 2: I got all these cars, but my friends are enjoying

1151
00:59:16,800 --> 00:59:18,160
Speaker 2: my houses more than I am.

1152
00:59:18,160 --> 00:59:18,840
Speaker 3: Never in them.

1153
00:59:19,400 --> 00:59:19,920
Speaker 4: I got a.

1154
00:59:19,920 --> 00:59:22,920
Speaker 2: Car, I live across the street, Why do I have

1155
00:59:23,000 --> 00:59:26,760
Speaker 2: a driver for a madback I live across the street?

1156
00:59:27,600 --> 00:59:29,160
Speaker 3: Is it because of the.

1157
00:59:31,000 --> 00:59:34,720
Speaker 2: Ten times a month that six people will see me

1158
00:59:34,920 --> 00:59:39,560
Speaker 2: get out in front of a club? So it's sixty

1159
00:59:39,640 --> 00:59:43,880
Speaker 2: people that I'm spending. I don't know what driver, I'm

1160
00:59:43,920 --> 00:59:46,120
Speaker 2: a back parking it.

1161
00:59:45,680 --> 00:59:47,439
Speaker 4: It's sixty Is it?

1162
00:59:47,680 --> 00:59:51,280
Speaker 3: Why am I flying private all these times? Because?

1163
00:59:52,160 --> 00:59:55,520
Speaker 2: Is it because I don't know the four people in

1164
00:59:56,000 --> 00:59:59,439
Speaker 2: the front row of the plane the commercial plane will

1165
00:59:59,440 --> 01:00:02,960
Speaker 2: see me? So I need to spend sixty thousand dollars

1166
01:00:02,960 --> 01:00:06,320
Speaker 2: a seventy thousand dollars round trip to California to avoid

1167
01:00:06,320 --> 01:00:10,640
Speaker 2: seeing eight people, and I don't know I get there

1168
01:00:10,920 --> 01:00:17,280
Speaker 2: three hours difference. So I started shutting everything down, and

1169
01:00:17,360 --> 01:00:21,120
Speaker 2: I realized that probably about thirty percent of my money

1170
01:00:21,600 --> 01:00:25,440
Speaker 2: was being spent because it was just that's what I

1171
01:00:25,560 --> 01:00:29,280
Speaker 2: thought I should do because and I wasn't even listen.

1172
01:00:29,560 --> 01:00:31,520
Speaker 2: I have nothing against anybody who flies privately. I got

1173
01:00:31,520 --> 01:00:33,880
Speaker 2: nothing about anybody who just needs to be a chauffeur.

1174
01:00:33,880 --> 01:00:35,760
Speaker 2: It's just something that I don't like to do. I mean,

1175
01:00:35,800 --> 01:00:38,720
Speaker 2: I just don't give a shit. And when I started

1176
01:00:38,720 --> 01:00:42,080
Speaker 2: doing that, not only the money, I just had so

1177
01:00:42,240 --> 01:00:44,120
Speaker 2: much more peace in my life.

1178
01:00:45,680 --> 01:00:45,920
Speaker 3: You know.

1179
01:00:47,880 --> 01:00:49,760
Speaker 2: I think that was the point where I said, I

1180
01:00:49,800 --> 01:00:53,960
Speaker 2: got to start searching out more spiritual conversations, more real.

1181
01:00:54,040 --> 01:00:55,520
Speaker 3: Then I started cutting people off too.

1182
01:00:56,680 --> 01:00:58,040
Speaker 2: People I was like, why am I dealing you just

1183
01:00:58,040 --> 01:01:00,440
Speaker 2: because you're wealthy or just because you're cool, you're hip,

1184
01:01:00,440 --> 01:01:01,920
Speaker 2: while you're a known slib, I don't want to deal

1185
01:01:01,960 --> 01:01:04,600
Speaker 2: with you no more. Well, just because you're a family member,

1186
01:01:04,600 --> 01:01:07,080
Speaker 2: that doesn't mean you're cool, doesn't mean you're not a thief.

1187
01:01:09,920 --> 01:01:13,160
Speaker 1: Yeah, I think these a has happen, and I think

1188
01:01:13,200 --> 01:01:15,800
Speaker 1: a lot of people ignore them right because it's too

1189
01:01:15,840 --> 01:01:19,160
Speaker 1: painful to go there to admit to yourself something is wrong.

1190
01:01:20,160 --> 01:01:23,000
Speaker 1: But I think that also when you know, we're talking

1191
01:01:23,000 --> 01:01:27,440
Speaker 1: about an era where everything is going very fast, and

1192
01:01:27,560 --> 01:01:32,160
Speaker 1: yet human beings need time to process things. And sometimes

1193
01:01:32,200 --> 01:01:35,320
Speaker 1: when we're going so fast in our career and we

1194
01:01:35,440 --> 01:01:41,480
Speaker 1: miss marker moments of your life, like a graduation, a wedding,

1195
01:01:42,240 --> 01:01:44,520
Speaker 1: all the things that mark the end of an era,

1196
01:01:44,640 --> 01:01:48,880
Speaker 1: in the beginning of another era, you become regressed. I

1197
01:01:48,920 --> 01:01:52,200
Speaker 1: think for me, I've worked with more men than women,

1198
01:01:53,120 --> 01:01:58,360
Speaker 1: and I've experienced men, and I didn't know how to

1199
01:01:58,440 --> 01:02:00,480
Speaker 1: explain it until it happened to me because I was

1200
01:02:00,520 --> 01:02:02,480
Speaker 1: living the life of a successful man.

1201
01:02:03,160 --> 01:02:05,640
Speaker 4: That you're going so fast and doing so much and.

1202
01:02:05,760 --> 01:02:08,680
Speaker 1: Da da da da da, and you're not realizing that

1203
01:02:08,840 --> 01:02:14,080
Speaker 1: you're not growing whole because you're not you don't even

1204
01:02:14,120 --> 01:02:15,960
Speaker 1: have time to process what's happened to you.

1205
01:02:16,760 --> 01:02:17,880
Speaker 4: Hasn't that happened to you?

1206
01:02:18,400 --> 01:02:22,040
Speaker 1: That sometimes you're working on a project and it all

1207
01:02:22,080 --> 01:02:24,680
Speaker 1: goes by so fast, and then later you're like, oh

1208
01:02:24,680 --> 01:02:28,200
Speaker 1: my god, I didn't even realize I did all these things,

1209
01:02:28,320 --> 01:02:30,720
Speaker 1: like you didn't even have time to enjoy it.

1210
01:02:30,720 --> 01:02:33,240
Speaker 3: It happened, short, It absolutely happened.

1211
01:02:33,240 --> 01:02:35,080
Speaker 2: I always say I travel the world, and I think

1212
01:02:35,080 --> 01:02:37,560
Speaker 2: I shook everybody hand on the planet twice about the

1213
01:02:37,600 --> 01:02:41,440
Speaker 2: age of thirty five, and the entire world was an airport,

1214
01:02:41,480 --> 01:02:43,920
Speaker 2: a boardroom, a hotel.

1215
01:02:43,640 --> 01:02:45,720
Speaker 3: And a restaurant. And now I.

1216
01:02:45,680 --> 01:02:49,880
Speaker 2: Will pull my pants all the way up to my nipples,

1217
01:02:50,160 --> 01:02:52,240
Speaker 2: put a camera around me and put an eye love

1218
01:02:52,640 --> 01:02:57,240
Speaker 2: wherever im at button on and walk around, you know,

1219
01:02:57,320 --> 01:02:59,760
Speaker 2: and eat the food and go into the hood and

1220
01:02:59,760 --> 01:03:03,200
Speaker 2: see the people and just steal those hours of that

1221
01:03:03,360 --> 01:03:06,320
Speaker 2: day in that place to go know that city. Actually,

1222
01:03:06,360 --> 01:03:08,320
Speaker 2: I've started to take up Scooba dom because I've seen

1223
01:03:08,400 --> 01:03:12,400
Speaker 2: enough clubs. I haven't seen enough coral or ocean reefs.

1224
01:03:12,400 --> 01:03:14,280
Speaker 2: I want to see the reef awk of Greece, so

1225
01:03:14,360 --> 01:03:15,880
Speaker 2: the reef off of Australia.

1226
01:03:15,920 --> 01:03:19,200
Speaker 3: But get the club all right, And and yet it

1227
01:03:19,280 --> 01:03:19,800
Speaker 3: happened to me.

1228
01:03:19,920 --> 01:03:22,880
Speaker 2: And thank god though I lived to be the age

1229
01:03:22,880 --> 01:03:25,760
Speaker 2: where I can make these changes in my life.

1230
01:03:26,080 --> 01:03:28,360
Speaker 3: That's right because so many of us have traveled the.

1231
01:03:28,360 --> 01:03:30,680
Speaker 2: World and never seen any of this, and never seen

1232
01:03:30,760 --> 01:03:32,240
Speaker 2: anything in the world. And we did it.

1233
01:03:32,840 --> 01:03:33,000
Speaker 3: You know.

1234
01:03:33,160 --> 01:03:34,520
Speaker 2: It's the old you know, I don't want to show

1235
01:03:34,520 --> 01:03:37,320
Speaker 2: my age, but insta cats in the Graydla and silverspoon

1236
01:03:38,280 --> 01:03:39,760
Speaker 2: Man in the moon when you know, he saw his

1237
01:03:39,880 --> 01:03:41,200
Speaker 2: sun and his son grew up to be just like

1238
01:03:41,320 --> 01:03:42,880
Speaker 2: him and he realized what the hell just happened?

1239
01:03:44,720 --> 01:03:46,720
Speaker 3: Well, listen, I am, I am.

1240
01:03:47,440 --> 01:03:49,560
Speaker 2: I has so much that I got to go back

1241
01:03:49,600 --> 01:03:53,280
Speaker 2: now and digest from this, from all these special moments,

1242
01:03:53,320 --> 01:03:56,720
Speaker 2: from the things that if people don't if they're not

1243
01:03:56,800 --> 01:03:59,400
Speaker 2: moving too fast and they really think about the depth

1244
01:03:59,400 --> 01:04:02,280
Speaker 2: of this comes obviosite. They can follow you on, you know,

1245
01:04:02,320 --> 01:04:04,400
Speaker 2: and we'll go. I'll drop all your social media in

1246
01:04:04,440 --> 01:04:07,040
Speaker 2: here and all that. But from the points of you know,

1247
01:04:08,640 --> 01:04:11,280
Speaker 2: watch there the information is coming from and be very

1248
01:04:11,320 --> 01:04:14,120
Speaker 2: aware of those moments that are going to present themselves

1249
01:04:14,200 --> 01:04:19,360
Speaker 2: to the working on somebody else's job and or don't

1250
01:04:19,440 --> 01:04:22,320
Speaker 2: quit your day job, or don't take the flat side

1251
01:04:22,320 --> 01:04:26,400
Speaker 2: of the mountain to asking elders in different aspects of life,

1252
01:04:26,440 --> 01:04:29,960
Speaker 2: to completing and rounding off who you are, because success

1253
01:04:30,040 --> 01:04:33,880
Speaker 2: is not determined by what the public may see are

1254
01:04:34,080 --> 01:04:36,800
Speaker 2: Do you feel well rounded? Do you feel like all

1255
01:04:36,800 --> 01:04:39,880
Speaker 2: the aspects in your life are are really in shape

1256
01:04:39,880 --> 01:04:42,440
Speaker 2: to the four things that that elder is shared with

1257
01:04:42,480 --> 01:04:45,680
Speaker 2: you that you know while she was, you know, spending

1258
01:04:45,720 --> 01:04:48,840
Speaker 2: the last couple of days on this planet to share

1259
01:04:48,920 --> 01:04:53,880
Speaker 2: with you that you shared with us all to everything else.

1260
01:04:54,080 --> 01:04:56,400
Speaker 2: So I mean, thank you so much, Nelly for having

1261
01:04:56,400 --> 01:04:58,480
Speaker 2: this time with me. Every time that I'm with you,

1262
01:04:58,520 --> 01:04:59,360
Speaker 2: I learned so much.

1263
01:05:00,200 --> 01:05:00,600
Speaker 4: Go there.

1264
01:05:00,720 --> 01:05:02,280
Speaker 1: I love that you're a guy that loves to go

1265
01:05:02,360 --> 01:05:04,920
Speaker 1: deep and you know what, and I think these are

1266
01:05:05,080 --> 01:05:10,200
Speaker 1: important conversations. And as I said, we're craving to go deep.

1267
01:05:11,080 --> 01:05:12,440
Speaker 1: I think we are.

1268
01:05:12,480 --> 01:05:15,200
Speaker 2: We are we are so for everybody else wanting where

1269
01:05:15,200 --> 01:05:15,920
Speaker 2: where can we find you?

1270
01:05:15,960 --> 01:05:18,600
Speaker 3: Nelly on your social media is Nelly goal on right

1271
01:05:18,840 --> 01:05:20,400
Speaker 3: n E L Y G A L.

1272
01:05:20,400 --> 01:05:25,000
Speaker 4: A n N E L Y g A l A N.

1273
01:05:25,200 --> 01:05:28,920
Speaker 3: All right, I remember, get the book. Uh, it's already

1274
01:05:29,240 --> 01:05:29,720
Speaker 3: me if you.

1275
01:05:29,680 --> 01:05:31,640
Speaker 4: Go on Instagram and you'll find all the other ways to.

1276
01:05:31,600 --> 01:05:33,800
Speaker 3: Find absolutely well. I appreciate you.

1277
01:05:33,880 --> 01:05:36,800
Speaker 2: Thank you for sharing this moment with us, and sharing

1278
01:05:36,840 --> 01:05:39,640
Speaker 2: a whole bunch of moments with everybody else and making

1279
01:05:39,680 --> 01:05:43,280
Speaker 2: sure that now my head's gonna explode because I have

1280
01:05:43,320 --> 01:05:46,440
Speaker 2: to go back and rethink life again, which is great

1281
01:05:46,600 --> 01:05:48,840
Speaker 2: about basically going back and taking inventory.

1282
01:05:50,280 --> 01:05:51,720
Speaker 4: Got kiss to you, and I hope to see you

1283
01:05:51,760 --> 01:05:52,320
Speaker 4: sooner in Miami.

1284
01:05:52,400 --> 01:05:53,880
Speaker 3: I will see you in Miami, and I love you.

1285
01:05:54,360 --> 01:05:55,080
Speaker 4: I love you too.

1286
01:06:04,400 --> 01:06:07,160
Speaker 2: That moment with Damon John is a production of the

1287
01:06:07,200 --> 01:06:11,120
Speaker 2: Black Effect Podcast Network. For more podcasts from the Black

1288
01:06:11,120 --> 01:06:16,200
Speaker 2: Effect Podcast Network, visit the iHeartRadio app, Apple Podcasts, or

1289
01:06:16,600 --> 01:06:20,000
Speaker 2: wherever you listen to your favorite show and don't forget

1290
01:06:20,000 --> 01:06:24,280
Speaker 2: to subscribe to and rate the show. And of course,

1291
01:06:24,280 --> 01:06:25,720
Speaker 2: you can all connect with me on any of my

1292
01:06:25,800 --> 01:06:28,480
Speaker 2: social media platforms. At the Shark.

1293
01:06:28,800 --> 01:06:31,520
Speaker 3: Damon spelled like Raymond, but what a d