1 00:00:02,120 --> 00:00:04,560 Speaker 1: What's up? This is the People's Shark here Damon John, 2 00:00:04,680 --> 00:00:07,960 Speaker 1: and I'm here with a motivation moment for you courtesy 3 00:00:08,000 --> 00:00:11,280 Speaker 1: of that Moment with Damon John, a production of The 4 00:00:11,320 --> 00:00:16,320 Speaker 1: Black Effect Podcast Network and iHeartRadio. Here's an interesting fact. 5 00:00:16,320 --> 00:00:20,959 Speaker 1: According to the US Small Business Administration, most small businesses 6 00:00:21,000 --> 00:00:26,160 Speaker 1: cost around three thousand dollars to start. Now, I know 7 00:00:26,239 --> 00:00:28,200 Speaker 1: that many of you here you need money to make 8 00:00:28,280 --> 00:00:30,320 Speaker 1: money and all that other type of crap, but think 9 00:00:30,360 --> 00:00:33,680 Speaker 1: about it. It's around thirty to thirty one million small 10 00:00:33,680 --> 00:00:36,760 Speaker 1: businesses in this country, and around twenty two to twenty 11 00:00:36,760 --> 00:00:41,760 Speaker 1: three million of them are one man mom and pop shops. 12 00:00:41,800 --> 00:00:46,199 Speaker 1: That's plumbers, hairdressers, accountants, and various other things. Do you 13 00:00:46,320 --> 00:00:49,760 Speaker 1: think that they paid ten twenty thousand, one hundred thousand 14 00:00:49,800 --> 00:00:54,240 Speaker 1: dollars to start their businesses or their DBA doing business 15 00:00:54,520 --> 00:00:58,000 Speaker 1: as No, they didn't. So please don't let my show, 16 00:00:58,160 --> 00:01:01,959 Speaker 1: Shark Tank and all these other shows convince you you 17 00:01:02,040 --> 00:01:04,440 Speaker 1: need all this massive amount of money to get started. 18 00:01:04,520 --> 00:01:06,600 Speaker 1: You know what you need to do to get started. 19 00:01:06,680 --> 00:01:09,960 Speaker 1: You need to invest your time, your energy, and your 20 00:01:10,080 --> 00:01:13,160 Speaker 1: education about it. And not talking about books or maybe 21 00:01:13,240 --> 00:01:15,520 Speaker 1: online or whatever the case is. You know what I 22 00:01:15,520 --> 00:01:18,640 Speaker 1: invested in. I invested in a phone because I was 23 00:01:18,760 --> 00:01:22,559 Speaker 1: able to make fifty calls a day for the first 24 00:01:22,600 --> 00:01:25,800 Speaker 1: six months. And if I got passed making fifty calls 25 00:01:25,800 --> 00:01:28,440 Speaker 1: a day, you know, tend to manufacturers, tend to regulatebels, 26 00:01:28,480 --> 00:01:30,480 Speaker 1: have artists for my clothes, tend to stores. Then I 27 00:01:30,520 --> 00:01:32,640 Speaker 1: was going to turn up to seventy five. And that 28 00:01:32,640 --> 00:01:35,720 Speaker 1: did not cost me more than a couple of bucks 29 00:01:35,760 --> 00:01:39,360 Speaker 1: because I just called everybody. I realized after that I 30 00:01:39,400 --> 00:01:41,959 Speaker 1: was onto some I kept my day job. So I 31 00:01:42,120 --> 00:01:44,000 Speaker 1: want you to make sure that if you have a 32 00:01:44,040 --> 00:01:46,520 Speaker 1: passion or dream, you want to solve a problem, you 33 00:01:46,600 --> 00:01:50,680 Speaker 1: want to create financial independence for you, your family, employee people, 34 00:01:50,760 --> 00:01:53,160 Speaker 1: be part of the community, and be a boss as 35 00:01:53,200 --> 00:01:55,400 Speaker 1: well as a worker. Remember if you're a boss or 36 00:01:55,440 --> 00:01:57,919 Speaker 1: a worker as well in the company, well then don't 37 00:01:58,040 --> 00:02:01,920 Speaker 1: get analysis paralysis thinking you need millions of dollars. Make 38 00:02:01,960 --> 00:02:04,680 Speaker 1: sure you understand that most people, inclusive with myself, who 39 00:02:04,760 --> 00:02:08,200 Speaker 1: sorted with a forty dollars literally and standing on a 40 00:02:08,200 --> 00:02:10,560 Speaker 1: corner with a couple of hats. Make sure you know 41 00:02:10,919 --> 00:02:13,880 Speaker 1: that that is how you do it by being financially 42 00:02:13,919 --> 00:02:16,720 Speaker 1: and fiscally smart. When you start a business, Tune in 43 00:02:16,720 --> 00:02:20,079 Speaker 1: every Monday and Tuesday for new episodes of That Moment 44 00:02:20,160 --> 00:02:23,200 Speaker 1: with Damon John, brought to you by The Black Effect 45 00:02:23,320 --> 00:02:27,400 Speaker 1: Podcast Network. Check it out wherever you get your podcasts.