1
00:00:01,240 --> 00:00:01,600
Speaker 1: Earners.

2
00:00:01,639 --> 00:00:02,000
Speaker 2: What's up.

3
00:00:02,080 --> 00:00:04,560
Speaker 3: You ever walk into a small business and everything just

4
00:00:04,720 --> 00:00:07,880
Speaker 3: works like The checkout is fast, the receipts are digital,

5
00:00:08,400 --> 00:00:11,399
Speaker 3: tipping is a breeze, and you're out the door before

6
00:00:11,400 --> 00:00:15,560
Speaker 3: the line even builds. Odds are they're using Square. We

7
00:00:15,720 --> 00:00:18,280
Speaker 3: love supporting businesses that run on Square because it just

8
00:00:18,280 --> 00:00:21,520
Speaker 3: feels seamless. Whether it's a local coffee shop, a vendor

9
00:00:21,560 --> 00:00:23,840
Speaker 3: at a pop up market, or even one of our

10
00:00:23,880 --> 00:00:27,560
Speaker 3: merch partners, Square makes it easy for them to take payments,

11
00:00:27,760 --> 00:00:31,480
Speaker 3: manage inventory, and run their business with confidence, all from

12
00:00:31,600 --> 00:00:35,000
Speaker 3: one simple system. If you're a business owner or even

13
00:00:35,080 --> 00:00:38,600
Speaker 3: just thinking about launching something soon, Square is hands down

14
00:00:38,640 --> 00:00:41,680
Speaker 3: one of the best tools out there to help you start, run,

15
00:00:41,920 --> 00:00:45,240
Speaker 3: and grow. It's not just about payments, it's about giving

16
00:00:45,240 --> 00:00:47,920
Speaker 3: you time back so you can focus on what matters

17
00:00:47,960 --> 00:00:51,199
Speaker 3: most Ready. To see how Square can transform your business,

18
00:00:51,479 --> 00:00:56,120
Speaker 3: visit Square dot com backslash go backslash eyl to learn

19
00:00:56,160 --> 00:01:01,360
Speaker 3: more that Square dot com backslash, go backslash eyl. Don't wait,

20
00:01:01,640 --> 00:01:04,480
Speaker 3: don't hesitate. Let's Square handle the back end so you

21
00:01:04,480 --> 00:01:10,839
Speaker 3: can keep pushing your vision forward. This episode is brought

22
00:01:10,840 --> 00:01:12,760
Speaker 3: to you by P and C Bank, a lot of

23
00:01:12,760 --> 00:01:16,360
Speaker 3: people think podcasts about work are boring, and sure they

24
00:01:16,440 --> 00:01:20,319
Speaker 3: definitely can be, but understanding of professional's routine shows us

25
00:01:20,319 --> 00:01:24,840
Speaker 3: how they achieve their success little by little, day after day.

26
00:01:24,959 --> 00:01:27,440
Speaker 3: It's like banking with P and C Bank. It might

27
00:01:27,560 --> 00:01:30,440
Speaker 3: seem boring to save, plan and make calculated decisions with

28
00:01:30,480 --> 00:01:33,520
Speaker 3: your bank, but keeping your money boring is what helps

29
00:01:33,520 --> 00:01:36,640
Speaker 3: you live or more happily fulfilled life. P and C

30
00:01:36,760 --> 00:01:41,920
Speaker 3: Bank Brilliantly Boring since eighteen sixty five. Brilliantly Boring since

31
00:01:41,959 --> 00:01:44,520
Speaker 3: eighteen sixty five is a service mark of the PNC

32
00:01:44,720 --> 00:01:48,680
Speaker 3: Financial Service Group, Inc. P and C Bank National Association

33
00:01:48,880 --> 00:01:49,840
Speaker 3: Member FDIC.

34
00:01:51,600 --> 00:01:53,720
Speaker 2: You spoke about the seven streams. I want to talk

35
00:01:53,720 --> 00:01:57,560
Speaker 2: about that your series, your docu series that you're working on,

36
00:01:57,600 --> 00:02:00,840
Speaker 2: but also what's your thesis on seven streams of income?

37
00:02:00,840 --> 00:02:03,320
Speaker 2: Because you broke it down the first time. People here

38
00:02:03,440 --> 00:02:07,560
Speaker 2: seven streams and it's confusing and everybody has different ideas

39
00:02:07,560 --> 00:02:11,120
Speaker 2: of what's seven streams of income? But from your personal perspective,

40
00:02:12,080 --> 00:02:14,880
Speaker 2: how did you get seven streams and what's your viewpoint

41
00:02:14,919 --> 00:02:16,760
Speaker 2: on that whole seven stream straate.

42
00:02:16,840 --> 00:02:19,480
Speaker 1: Definitely, I think the goal is to take one thing

43
00:02:21,400 --> 00:02:25,639
Speaker 1: and matched it at one thing and then find services

44
00:02:25,639 --> 00:02:28,440
Speaker 1: and products that are a byproduct of that one thing.

45
00:02:28,960 --> 00:02:32,200
Speaker 1: So like for example, like I'm gonna talk about my streams,

46
00:02:32,400 --> 00:02:34,880
Speaker 1: and we started with a donut shot, which was the

47
00:02:34,880 --> 00:02:38,320
Speaker 1: first stream, which we focused on the three essays saving

48
00:02:38,360 --> 00:02:41,440
Speaker 1: plus sacrifice eqal scaling. That allowed us to now stay

49
00:02:41,480 --> 00:02:44,880
Speaker 1: down in stack. You see all the assets saving plus

50
00:02:44,880 --> 00:02:47,600
Speaker 1: sacrifice equal scaling, and you stay down in stack until

51
00:02:47,600 --> 00:02:49,239
Speaker 1: you save sacrifice and you scale.

52
00:02:49,360 --> 00:02:49,560
Speaker 2: Right.

53
00:02:50,080 --> 00:02:52,000
Speaker 1: So we had the one shot and we just saved.

54
00:02:52,040 --> 00:02:54,919
Speaker 1: I drove a Mini Cooper. I drove a Mini Cooper.

55
00:02:55,680 --> 00:02:58,280
Speaker 1: I lived in a studio apartment. And then I got

56
00:02:58,280 --> 00:03:01,359
Speaker 1: another shot, and then we just and then we got

57
00:03:01,360 --> 00:03:04,000
Speaker 1: a truck, and then we just saved. And then I

58
00:03:04,040 --> 00:03:06,239
Speaker 1: got another truck. I mean, you know, then I got

59
00:03:06,320 --> 00:03:08,680
Speaker 1: another shop, and then I got another shop. So that's

60
00:03:08,720 --> 00:03:11,040
Speaker 1: five shops. But two of the shops that I got

61
00:03:11,040 --> 00:03:13,000
Speaker 1: I own and they have residential units. So that's the

62
00:03:13,040 --> 00:03:16,160
Speaker 1: seven streams, right. So it was really this mindset of

63
00:03:16,520 --> 00:03:18,640
Speaker 1: how can I take this one ability that I have

64
00:03:19,080 --> 00:03:21,960
Speaker 1: not be distracted we're doing other things, not try to

65
00:03:21,960 --> 00:03:24,560
Speaker 1: become a DJA or sell heir on the side. Now

66
00:03:24,600 --> 00:03:27,120
Speaker 1: I try to sell bundles of body wraps. Just focus

67
00:03:27,160 --> 00:03:30,640
Speaker 1: on the donuts, get seven streams. And if those seven

68
00:03:30,680 --> 00:03:33,000
Speaker 1: things could just make me one thousand dollars a week,

69
00:03:33,680 --> 00:03:36,680
Speaker 1: that's two million dollars a year. That was it for me.

70
00:03:37,480 --> 00:03:39,680
Speaker 1: If I made two million dollars a year, I know

71
00:03:39,760 --> 00:03:42,000
Speaker 1: I could easily live in a two million dollar house.

72
00:03:42,400 --> 00:03:44,400
Speaker 1: I know I could easily afford a four million dollar

73
00:03:44,480 --> 00:03:46,880
Speaker 1: house with a mortgage. So I comped my life out

74
00:03:46,880 --> 00:03:49,600
Speaker 1: by saying, if I can just take this and get there,

75
00:03:49,680 --> 00:03:51,960
Speaker 1: So like, think about that one lady who got that salon,

76
00:03:51,960 --> 00:03:53,840
Speaker 1: who making three thousand a week, and how goal is

77
00:03:53,920 --> 00:03:57,600
Speaker 1: nine thousand. Just get two more salons. Don't try to

78
00:03:57,800 --> 00:03:59,720
Speaker 1: be a DJ on the side, and don't start selling

79
00:03:59,760 --> 00:04:03,360
Speaker 1: dinner place. Get you more salons. It might take you longer.

80
00:04:04,760 --> 00:04:07,880
Speaker 1: We vastly underestimate what we can accomplish in the long run,

81
00:04:08,520 --> 00:04:10,880
Speaker 1: but we always overestimate what we can accomplish in the

82
00:04:10,920 --> 00:04:14,200
Speaker 1: short run. My marathon been going on six years. I've

83
00:04:14,200 --> 00:04:16,680
Speaker 1: been doing it. I started ten years ago. But I

84
00:04:16,760 --> 00:04:18,960
Speaker 1: got it though. See that's where I'm at with it.

85
00:04:19,279 --> 00:04:21,520
Speaker 1: I got it. I'm not in a position where I

86
00:04:21,520 --> 00:04:23,760
Speaker 1: got a bunch of debt out on awe, A bunch

87
00:04:23,760 --> 00:04:26,680
Speaker 1: of people, and I could control it. So any given moment,

88
00:04:26,720 --> 00:04:28,840
Speaker 1: I could activate the seven streams, and as long as

89
00:04:28,839 --> 00:04:31,480
Speaker 1: I now maintain it, which is a different mindset, I

90
00:04:31,480 --> 00:04:34,159
Speaker 1: can always have the option to perpetuate it. But what

91
00:04:34,200 --> 00:04:36,359
Speaker 1: we got to understand is Black people is that yo, listen,

92
00:04:36,400 --> 00:04:39,280
Speaker 1: sit down and focus on maintenance. Got people who want

93
00:04:39,320 --> 00:04:41,280
Speaker 1: to do a podcast, they want DJ and they want

94
00:04:41,320 --> 00:04:44,880
Speaker 1: to do hair. Figure out the DJ in first, whatever's

95
00:04:44,920 --> 00:04:46,400
Speaker 1: going to make you the most money. Then I always

96
00:04:46,400 --> 00:04:48,440
Speaker 1: tell another person this, once you get over the good look,

97
00:04:48,480 --> 00:04:51,760
Speaker 1: you get some good money, right, stop focusing on everything

98
00:04:51,760 --> 00:04:54,960
Speaker 1: that you specifically passionate about. Focus on what's going to

99
00:04:55,000 --> 00:04:57,840
Speaker 1: bring that number in. That's what white folks do. They

100
00:04:58,000 --> 00:05:01,240
Speaker 1: not passionate about owning three thousand buildings. Trust me, they

101
00:05:01,360 --> 00:05:03,280
Speaker 1: know that that port fully won't get them what they

102
00:05:03,279 --> 00:05:05,640
Speaker 1: want out of life. So it's about giving it everything

103
00:05:05,680 --> 00:05:07,840
Speaker 1: you got and it'll give you everything you want.

104
00:05:07,880 --> 00:05:10,240
Speaker 2: And then also, so when you came first time, you

105
00:05:10,279 --> 00:05:14,240
Speaker 2: talked about even having multiple streams off of one business. Yeah,

106
00:05:14,400 --> 00:05:16,760
Speaker 2: so it's like as far as the restaurant, you could

107
00:05:16,880 --> 00:05:19,599
Speaker 2: cater you can have your eads, you can have a

108
00:05:19,600 --> 00:05:20,200
Speaker 2: cooking show.

109
00:05:20,480 --> 00:05:22,400
Speaker 1: So let me break down the substreams that I got.

110
00:05:22,560 --> 00:05:24,880
Speaker 1: So this is this is how my industry works.

111
00:05:24,960 --> 00:05:25,039
Speaker 4: Right.

112
00:05:25,120 --> 00:05:26,760
Speaker 1: Typically, when you see a donut shop, you think, and

113
00:05:26,760 --> 00:05:28,719
Speaker 1: they make the most money from a person walking in

114
00:05:29,080 --> 00:05:32,120
Speaker 1: and buying a donut, not me. We get our money

115
00:05:32,120 --> 00:05:34,400
Speaker 1: from brand collaborations day at the top, because we can

116
00:05:34,440 --> 00:05:36,160
Speaker 1: be our natural selves and the company will give you

117
00:05:36,200 --> 00:05:38,839
Speaker 1: a bag. Right And after brand collaboration, we got what

118
00:05:38,880 --> 00:05:41,719
Speaker 1: we call corporate pickup and drop off, where a company

119
00:05:41,760 --> 00:05:44,080
Speaker 1: can call us and they can establish a weekly catering,

120
00:05:44,360 --> 00:05:47,040
Speaker 1: not an annual catering, but a weekly catering, so it's

121
00:05:47,080 --> 00:05:49,920
Speaker 1: like a subscription package. After the catering, we also got

122
00:05:49,920 --> 00:05:52,120
Speaker 1: the truck. With the truck, events we got we could

123
00:05:52,120 --> 00:05:53,960
Speaker 1: do private events, so we could also pull up with

124
00:05:54,000 --> 00:05:56,719
Speaker 1: the truck and do street venting. After the truck events,

125
00:05:56,720 --> 00:05:59,320
Speaker 1: we got people walking in the store. Then we still

126
00:05:59,360 --> 00:06:01,400
Speaker 1: got the seven st where we educate people about all

127
00:06:01,400 --> 00:06:03,520
Speaker 1: the things that we've done. And then on top of that,

128
00:06:03,560 --> 00:06:06,160
Speaker 1: we got digital product that we can ship that's six

129
00:06:06,200 --> 00:06:09,560
Speaker 1: strings within one string. So now it's just it's a

130
00:06:09,560 --> 00:06:12,880
Speaker 1: domino effect, and I'm telling you it don't bring I

131
00:06:12,880 --> 00:06:14,560
Speaker 1: don't make a lot of money off of each stream.

132
00:06:14,839 --> 00:06:16,920
Speaker 1: I make a little off of each stream. I might

133
00:06:16,960 --> 00:06:19,200
Speaker 1: get one cater in a week, but that's one thousand dollars.

134
00:06:19,400 --> 00:06:21,360
Speaker 1: People might come into the store this weekend, but that's

135
00:06:21,400 --> 00:06:23,920
Speaker 1: three thousand dollars. I might get a brand that called

136
00:06:23,920 --> 00:06:26,080
Speaker 1: me and give me ten thousand dollars. And what I

137
00:06:26,120 --> 00:06:28,240
Speaker 1: do is I can bind all of that, and I

138
00:06:28,440 --> 00:06:30,240
Speaker 1: cumulate wealth and I stay in my life.

139
00:06:30,480 --> 00:06:34,159
Speaker 4: An illegal alien from Guatemala charged with raping a child

140
00:06:34,200 --> 00:06:38,000
Speaker 4: in Massachusetts. An MS thirteen gang member from Al Salvador

141
00:06:38,240 --> 00:06:42,359
Speaker 4: accused of murdering a Texas man of Venezuelan charged with

142
00:06:42,440 --> 00:06:46,320
Speaker 4: filming and selling child pornography in Michigan. These are just

143
00:06:46,440 --> 00:06:50,200
Speaker 4: some of the heinous migrant criminals caught because of President

144
00:06:50,240 --> 00:06:53,760
Speaker 4: Donald J. Trump's leadership. I'm Christine Noman, the United States

145
00:06:53,839 --> 00:06:58,599
Speaker 4: Secretary of Homeland Security. Under President Trump, attempted illegal border

146
00:06:58,640 --> 00:07:02,200
Speaker 4: crossings are at the lower levels ever recorded, and over

147
00:07:02,279 --> 00:07:05,479
Speaker 4: one hundred thousand illegal aliens have been arrested. If you

148
00:07:05,560 --> 00:07:09,400
Speaker 4: are here illegally, your next you will be fine nearly

149
00:07:09,480 --> 00:07:13,520
Speaker 4: one thousand dollars a day, imprisoned and deported, you will

150
00:07:13,560 --> 00:07:17,200
Speaker 4: never return. But if you register using our CBP home

151
00:07:17,240 --> 00:07:20,600
Speaker 4: app and leave now, you could be allowed to return legally.

152
00:07:20,960 --> 00:07:25,720
Speaker 4: Do what's right. Leave now. Under President Trump, America's laws,

153
00:07:25,880 --> 00:07:29,280
Speaker 4: border and families will be protected. Sponsored by the United

154
00:07:29,320 --> 00:07:30,560
Speaker 4: States Department of Homeland Security,