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Speaker 1: Welcome to How the Money. I'm Joel and I am Matt.

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Speaker 1: Today we're talking tackling personal finance with NFL linebacker Brandon Copeland.

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Speaker 1: That's right, Brandon Copeland. He's joining us today on the podcast. Brandon,

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Speaker 1: he is a an NFL player, but he's also so

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Speaker 1: much more than that. He most recently played for our

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Speaker 1: local team, the Atlanta Falcons, last season, but he's won

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Speaker 1: the Alan Page Award for community service, and you know,

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Speaker 1: we find his off the field activities even more fascinating.

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Speaker 1: He he runs a nonprofit football camp called Beyond the

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Speaker 1: Basics that not only teaches kids that technical skills of

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Speaker 1: being a great football player, but also helps them to

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Speaker 1: reach their full potential off the field as well. He

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Speaker 1: has a financial literacy course called Life one One that

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Speaker 1: he teaches at the University of Pennsylvania. He's got a

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Speaker 1: couple of real estate companies as well, so it's uh,

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Speaker 1: it's safe to say that Brandon, he truly is an

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Speaker 1: entrepreneur and we are excited to talk all about that,

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Speaker 1: uh and more today, Brandon, thank you for joining us

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Speaker 1: on the podcast. Thank you for having me. I'm super

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Speaker 1: excited to be here and super ecited to talk shop

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Speaker 1: and uh yeah, I'm always learning as well too, so

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Speaker 1: I'm sure I can learn some things from some of

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Speaker 1: your own pursuits, but also some amazing guests you all

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Speaker 1: have had. So thanks for having me. Yeah, man, no,

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Speaker 1: we're glad to have you. And yeah, I agree, this

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Speaker 1: is gonna be hopefully a mutually beneficial conversation. And I

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Speaker 1: kind of got tired actually while listening to mattr Bio,

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Speaker 1: I'm like, um, okay, Brandon does like, wait this guy

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Speaker 1: while also training and like at the pinnacle of working

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Speaker 1: hours today, and I'm like, I'm very lazy. That's what

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Speaker 1: I got after reading that. But the first question we

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Speaker 1: has everybody that comes on the show, Brandon, Uh, what

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Speaker 1: I am doing? I guess while you're working out and

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Speaker 1: stuff is drinking beer. Um, so definitely means I am lazy.

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Speaker 1: But that's one of the things Matt and I were

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Speaker 1: we prioritize. We're like, we're gonna spend good money on

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Speaker 1: good beer in the here and now. Well we're also

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Speaker 1: saving and investing for the future. So what's that for you?

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Speaker 1: What's your craft beer equipment? What do you not mind

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Speaker 1: spending a good deal of money on? You know why

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Speaker 1: you're still being smart with your money. Yeah. I think

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Speaker 1: for me, you know, this is something I battle with

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Speaker 1: for years, is kind of getting rid of my own

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Speaker 1: money anxiety. It's just always fearing not having enough, not

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Speaker 1: having enough, and being that NFL player that goes broken.

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Speaker 1: And over time, I've been able to get comfortable devoting

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Speaker 1: money towards memories. So that's the biggest thing that I'll say.

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Speaker 1: So for me, travel experiences, right, those things that like

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Speaker 1: I can never go back to the time I proposed

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Speaker 1: to my wife, I can never go back to our honeymoon,

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Speaker 1: I can never go back to certain moments right, our

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Speaker 1: children's birthday parties, all of those things, right, And so

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Speaker 1: for me, those are the things that I will spend

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Speaker 1: an an ordinate amount on and I don't honestly, it

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Speaker 1: might not even really be in the ordinate amount, but

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Speaker 1: those are the things where I don't care what the

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Speaker 1: price is. It's go ahead and let's etch this in

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Speaker 1: stone and etch this in our brains forever, and it's

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Speaker 1: well worth it every single time. I love it. It's

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Speaker 1: important to put your family first. It's important to think

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Speaker 1: through some of those memories that that are gonna last

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Speaker 1: long after my newest iPhone the dust. Yeah, I think

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Speaker 1: my wife and I came to that revelation. I think

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Speaker 1: maybe earlier this year actually, Um, but I just kind

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Speaker 1: of told her, like, you know, when has there been

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Speaker 1: a time where we spent money on ourselves, like on

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Speaker 1: something that we genuinely love and genuinely like to do, right,

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Speaker 1: not having to do with anybody else, that we look

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Speaker 1: back and said, oh, that was a waste of money,

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Speaker 1: right like, whether it was a vacation, whether it was

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Speaker 1: a trip, whether it was an upgrade on something, right like,

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Speaker 1: there hasn't been too many times. And so we're naturally

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Speaker 1: we're just naturally frugal people, Like we're naturally very you know, uh,

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Speaker 1: cost sensitive or or cost conscious, I should say. And

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Speaker 1: so for us to like push ourselves to buy things

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Speaker 1: that we like in value, we actually literally have to

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Speaker 1: encourage each other or buy it for each other. So

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Speaker 1: by the time we end up spending on some of

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Speaker 1: those major memories, so to speak, I think it probably

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Speaker 1: all balances out. But I think, like you said, more

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Speaker 1: of the story is you have to find what that

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Speaker 1: is for you and make sure that you're you're budgeting

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Speaker 1: appropriately for it, or you're you're allocating appropriately for it. Right,

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Speaker 1: we should have named this episode titled The Frugal Footballer.

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Speaker 1: We're learning more of this about you, cope, But let

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Speaker 1: let's talk about the NFL because I mean specifically, we

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Speaker 1: kind of want to talk about your grandfather because it's

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Speaker 1: it's kind of a family legacy for you, is, isn't

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Speaker 1: that right? Yeah? Yeah, that's my my hero right there. Yeah,

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Speaker 1: I mean, shoot, my granddad. Um, I'm sure you might

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Speaker 1: have certain questions, but you know, I think that one

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Speaker 1: of the things I always like, the highlight about him

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Speaker 1: is his story is literally that out of a movie, right,

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Speaker 1: like one of those crazy movies that you'd see of

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Speaker 1: rags the Richest stories type of thing. And it's definitely

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Speaker 1: impacted my life tremendously. But um, just the person he

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Speaker 1: would was impacting my life tremendously, you know. I did

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Speaker 1: a ted talk about him, and he grew up and

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Speaker 1: his dad passed before he was born. His mom got

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Speaker 1: struck by lightning in front of him when he was five, right,

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Speaker 1: and so literally growing up, we never like we in

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Speaker 1: our house, I just don't play with lightning, you know.

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Speaker 1: And it's funny. I used to go to other kids

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Speaker 1: houses and stuff and people were like, you know, lightning

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Speaker 1: was just like, oh, it's just a lightning storm, and

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Speaker 1: you know, keep it moving. But like in our household

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Speaker 1: growing up, it was such a fear of lightning because

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Speaker 1: of his traumatic experience as a five year old. You know, Um,

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Speaker 1: long story short, he ended up going to live with

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Speaker 1: aunt by blood uncle by marriage, and the uncle was abusive,

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Speaker 1: and so you know, one time he forced my grandfather

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Speaker 1: to eat a rat. And my grandfather at thirteen years

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Speaker 1: old and Mississippi ran away. You know, had the gumption

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Speaker 1: to run away, uh, in the fifties in Mississippi, right,

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Speaker 1: which you can only imagine. And so through all of

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Speaker 1: those trials and tribulations, still finds a way to go.

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Speaker 1: You know, get ais and he's in high school and um,

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Speaker 1: you know without two parents, right, and and go to

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Speaker 1: he went to junior college and end up going to

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Speaker 1: Jackson State University. Um. Shout out to Dion Sanders and

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Speaker 1: what he's doing over there. Um. And and you know,

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Speaker 1: obviously make it to the NFL player leving your career.

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Speaker 1: But um, one of the things I always valued about

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Speaker 1: my grandfather was the person he was, like you would

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Speaker 1: never know and understand his history or his background, by

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Speaker 1: who he was on a day to day basis, and

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Speaker 1: how he made everyone in the room feel loved and

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Speaker 1: everyone in the room feel appreciated and all of that

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Speaker 1: stuff right Like, there was never an excuse, or there

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Speaker 1: was never a what was me or anything like that.

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Speaker 1: And so for me, I was able to take that

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Speaker 1: and look at my own life and the own obstacles

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Speaker 1: that I faced, and I look at him like, well,

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Speaker 1: this is nothing in comparison to what he has overcome.

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Speaker 1: So you know, it definitely allows me to approach life

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Speaker 1: with a different perspective and that he hasn't you know,

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Speaker 1: obviously that as nothing to do with even football, but

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Speaker 1: I mean, I guess it. It definitely has its uh

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Speaker 1: parallel in terms of just dealing with obstacles and getting

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Speaker 1: through them and and ultimately, you know, making sure that

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Speaker 1: you are a better person in society as a result

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Speaker 1: of the man here. And you talk about him one

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Speaker 1: it's just to hear what he went through and but

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Speaker 1: then to hear I would impacted you is just incredible.

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Speaker 1: It just makes me think too, that legacy is such

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Speaker 1: an important thing, the legacy that we're leaving for those

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Speaker 1: who follow behind us, and so often even as personal

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Speaker 1: finance nerds. I think too many of us think in

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Speaker 1: terms of the financial legacy that we might leave on people.

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Speaker 1: But there's so much more that we can leave people

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Speaker 1: beyond money, right. And it sounds like your grandpa did that, right,

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Speaker 1: going back to your your splurge, right, I mean you're

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Speaker 1: talking about memories and that's what you this is what

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Speaker 1: you have from your grandfather, Like, like he sounded like

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Speaker 1: he was focused on those intangibles, those things that go

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Speaker 1: beyond just the dollars in the sense. Yeah, yeah, I

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Speaker 1: think that that's one thing that I try to talk

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Speaker 1: with my wife about, my wife Taylor about and especially

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Speaker 1: with our kids. You know, in the movie Black Panther,

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Speaker 1: there's a quote in there and I'll probably butcher it,

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Speaker 1: so forgive me, but one of the things he says,

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Speaker 1: a father has failed as a father if you don't

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Speaker 1: prepare your children for your death right, and which is

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Speaker 1: such a profound, profound thought, right, Like, and so yeah,

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Speaker 1: I can hand you a bunch of money, I can

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Speaker 1: hand you assets and all of that stuff, and that's great, right,

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Speaker 1: Like it's it's beautiful, but that's you can lose it

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Speaker 1: and you can squander it if you if I haven't

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Speaker 1: taught you how to say you know, please and thank you,

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Speaker 1: and how to respect everybody in the room, and how

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Speaker 1: to work and navigating room, and how to be self

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Speaker 1: confident in yourself, and how to deal with obstacles and

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Speaker 1: how to deal with battles and how to deal with success,

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Speaker 1: how to deal with victory. Right, Because to be honest

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Speaker 1: with you, you know, like we we know, right, money

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Speaker 1: is is important. It is a vehicle, It is a tool.

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Speaker 1: It is not everything. Although I know people say money

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Speaker 1: doesn't buy you happiness, it buys a lot of the

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Speaker 1: things that can help make you happy. I will say that, right,

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Speaker 1: I don't think it buys happiness at all. Um. But

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Speaker 1: but you guys get my point there. But I think

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Speaker 1: for me, my grandfather and my my mother and parents

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Speaker 1: as well, and still different things in me that I

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Speaker 1: want to make sure that I'm still in my children

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Speaker 1: because I feel like success is about the mind, right,

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Speaker 1: success is about you want to know that you know

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Speaker 1: hopefully you know, we all in heaven looking down on

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Speaker 1: our children and we can say like, oh, they're going

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Speaker 1: through something right now. Okay, Well it might be a

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Speaker 1: little tough to watch. However, I feel confident that my my, my,

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Speaker 1: I have two boys, My boys are going to get

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Speaker 1: through this, right because mentally I've trained them for for

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Speaker 1: war and so you know, that's kind of what I've

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Speaker 1: been fortunate to take away from my grandfather and again

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Speaker 1: just other mentors and role models throughout my life. I

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Speaker 1: love it. Yeah, and we actually, you know, we are

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Speaker 1: going to get to some more mindset like questions. But

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Speaker 1: let's it's gonna dive into, uh, what most folks are

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Speaker 1: probably talking to about. We're wanna talk about the NFL.

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Speaker 1: You're undrafted, right, like out of college? Like, how how

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Speaker 1: difficult is it to make it this long in the league,

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Speaker 1: you know, when you weren't picked by a team, Uh,

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Speaker 1: coming right out of college. Yeah, it's uh, it's a battle.

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Speaker 1: I would say that. Yeah, your lowest person on the

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Speaker 1: totem pole. And and um, while there are a lot

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Speaker 1: of undrafted players who are on NFL rosters and who

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Speaker 1: have had a lot of success, um, in the NFL,

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Speaker 1: you definitely start at the bottom of the barrel. Right.

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Speaker 1: And so when you know, let's talk money for a

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Speaker 1: second here, right, As an investor, right, when you put

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Speaker 1: money into a company, you want to see that company

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Speaker 1: do well. So, as a GM of a team or team,

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Speaker 1: I put money into my draft picks, right, I've invested

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Speaker 1: in my draft picks. I want to see them do

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Speaker 1: well because one, that's what I'm measured off of. Two,

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Speaker 1: I'm investing the owner and the team and the city's money, right, UM,

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Speaker 1: So I want to see that player do well before

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Speaker 1: this undrafted player who I haven't really put that much

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Speaker 1: of a financial investment behind, UM does better than the

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Speaker 1: player that I've paid, you know, a million dollars signing,

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Speaker 1: bonus to half a million dollar sign and bonus to

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Speaker 1: UM to begin their NFL career. And so that's some

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Speaker 1: of the politics, uh, that you work against as an

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Speaker 1: athlete that a lot of people don't necessarily understand because

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Speaker 1: you just think, oh, everybody's in the NFL, it's all gravy,

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Speaker 1: it's all good. Everybody has an equal opportunity. UM. And again,

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Speaker 1: you know, I wouldn't change it for any any reason.

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Speaker 1: It's not a what was me, It's just just so

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Speaker 1: that you guys, you know, obviously we're talking about money here,

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Speaker 1: and the audience understands that that's the battle that you're

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Speaker 1: up against as an undrafted free agent it's like, hey,

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Speaker 1: I can play football and I can show you this,

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Speaker 1: but you know, I've also understand that there's been an

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Speaker 1: investment made with some other player I won't say against me,

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Speaker 1: but with other players that you would rather see be

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Speaker 1: successful because that that makes you look like a genius,

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Speaker 1: you know, And so it's part of the game, part

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Speaker 1: of the process. But as an undrafted free agent, i'd say,

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Speaker 1: you know, some of the biggest things, it's similar across

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Speaker 1: the board. You just have uh, similar across the board,

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Speaker 1: whether you're drafted or undrafted, But just drafted players, I

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Speaker 1: think you have a little more tolerance for growth and

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Speaker 1: to make mistakes because there is that investment behind you. Undrafted,

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Speaker 1: you can't make a mistake, right, Like you don't make

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Speaker 1: the same mistake twice, Yeah, you make it three times

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Speaker 1: exactly exactly, and then you have to make a little bit.

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Speaker 1: You have to make a lot out of a little

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Speaker 1: bit of reps. Right. So like, uh, nobody is thinking

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Speaker 1: that the undrafted free agent from penn Is is the

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Speaker 1: guy that's going to turn their franchise around. Right, So

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Speaker 1: in those first training camps and preseasons and all that stuff,

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Speaker 1: you know, you might be getting two out of the forty,

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Speaker 1: someome reps at practice and so in those two reps,

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Speaker 1: you gotta make a play. And you all know football, right,

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Speaker 1: like the ball might not be going your way, like

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Speaker 1: you there might not be any play for you to

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Speaker 1: actually physically be able to make. And so that's one

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Speaker 1: of the toughest toughest battles as well too, because it's

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Speaker 1: it's like what they say, you know, dedication equals hard

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Speaker 1: work plus patients or you know, persistence in timing and

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Speaker 1: all of those different things. It's like the only way

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Speaker 1: to make it is by a lot of luck and

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Speaker 1: blessing and then also just having a crazy um mental

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Speaker 1: belief in yourself because it definitely gets tough. Well, talk

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Speaker 1: to us about like the idiosyncrasies of NFL contracts too,

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Speaker 1: because sometimes you can sign um uh what's reported in

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Speaker 1: the papers as this big deal, but not all that

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Speaker 1: money is guaranteed, and so how does that work out?

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Speaker 1: Because at times that that's probably probably part of why

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Speaker 1: the popular perception is that NFL players and granted, some

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Speaker 1: NFL players do make a ton of money, but that

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Speaker 1: is why some of the guys, particularly in that undrafted position,

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Speaker 1: maybe they don't make as much as we think they make. Yeah, no,

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Speaker 1: one percent. I mean it's uh, it looks really really good.

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Speaker 1: Headline looks really really good. Um. Right now, that's what

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Speaker 1: you see is a lot of battles for guaranteed money.

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Speaker 1: So just for those at home, right, like you don't

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Speaker 1: just the top line number is not actually guaranteed. So

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Speaker 1: the prime example, when I was signed to the Baltimore

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Speaker 1: Ravens my rookie season, they called me right after the

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Speaker 1: draft and said, hey, Cob, we're gonna sign you undrafted,

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Speaker 1: blah blah blah. Technically at that point in time, I

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Speaker 1: signed a three year, one point four or five million

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Speaker 1: dollar contract. So literally I'm on Penn's campus. Uh, it

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Speaker 1: was Penn relays that night, I remember, And technically I

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Speaker 1: was a millionaire on paper, right, but I only saw

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Speaker 1: twenty four thousand of those dollars before being fired for

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Speaker 1: the first time, and there was no guarantee for me

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Speaker 1: to get my money or anything like that. So, um,

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Speaker 1: like you said, the the contract structure is a bit

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Speaker 1: different than the NFL. It's different for every player as

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Speaker 1: well too. Um. And so the biggest thing for me

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Speaker 1: as well, you know, that's why I was always extremely

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Speaker 1: conscious of uh, my spend and my money and also

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Speaker 1: just understanding that this is you know, NFL stands for

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Speaker 1: not for long. This is I cannot take it for granted,

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Speaker 1: and I can't bank on a check. I can't bank

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Speaker 1: on Oh I'll do this for the next five years

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Speaker 1: in my life because what if I, you know, what

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Speaker 1: if I have an injury or what if I, you know,

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Speaker 1: pop a shoelace and and you know, I stubbed my

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Speaker 1: toe and I bleed out. You know, I always joked

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Speaker 1: like that, but uh, but ultimately, you know, ultimately you

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Speaker 1: get the point. It's like it's like Transformers more more

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Speaker 1: to meets the eye with those contracts, so to speak.

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Speaker 1: So you definitely need to read defined print. Yeah, I mean,

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Speaker 1: like that's not a lot of money that you got

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Speaker 1: before before getting cut. So did you have more of

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Speaker 1: a frugal mindset then before, like while you were in college, Like,

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Speaker 1: were you are always kind of wired that way? Or

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Speaker 1: did it take you I'm not sticking around with the Ravens.

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Speaker 1: Was it that experience that caused you to realize, oh, man,

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Speaker 1: I gotta live on. Yeah, like it's it's it's time

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Speaker 1: to be a little more a little more cautious, what

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Speaker 1: the time I'm spending my money. Yeah, No, I was

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Speaker 1: always I was always frugal the word we're using, right,

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Speaker 1: So I was always frugal just because of just my

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Speaker 1: natural upbringing, right like my mother was very conscious that

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Speaker 1: like tomorrow isn't promised and that check isn't promised unless

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Speaker 1: it's in your bank account. And then I became even

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Speaker 1: more I won't say frugal, but focus when I came

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Speaker 1: into the NFL, just because I saw I saw my grandfather, right,

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Speaker 1: like he came from a time where they had to

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Speaker 1: work two jobs in the off season, like Johnny Uniteds

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Speaker 1: was his quarterback Hall of Fame quarterback, he was a

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Speaker 1: substitute teacher in the off season, same as my grandfather.

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Speaker 1: Right Like Johnny Uniteds, his first contract was for seven

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Speaker 1: grand It's in the Baltimore Sports Museum, right, Like, it

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Speaker 1: was just a different time and so not that you know,

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Speaker 1: I felt like I had to go into the NFL

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Speaker 1: and work multiple jobs, but I also understood that, like

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Speaker 1: this wasn't what I would be doing for the rest

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Speaker 1: of my life because I get to see my grandfather

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Speaker 1: and and so I remember, actually literally I remember one

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Speaker 1: time back then Snapchat was huge at the time. And

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Speaker 1: then I remember, um, some of the rookies with me

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Speaker 1: in that draft class, and that that year they were

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Speaker 1: over at there's a small Owns Mills mall, which anybody

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Speaker 1: from that area knows that it was like a dying mall.

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Speaker 1: And I remember just seeing on Snapchat like a bunch

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Speaker 1: of the rookies going through and they're like literally taking

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Speaker 1: selfies and acting like they like buying up the mall

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Speaker 1: and all that stuff. And in my mind, I'm like,

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Speaker 1: I know that this is like a dying mall. Like

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Speaker 1: it's not even you know, really that good. And I

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Speaker 1: also understand that like none of us really have money

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Speaker 1: like that at this point, you know, And so I

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Speaker 1: just remember, you know, okay, I'm just stay in my lane.

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Speaker 1: Like that was like one of my first lessons of like,

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Speaker 1: let me just stay in my lane and be myself

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Speaker 1: and and we'll see where, you know, where where the

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Speaker 1: where we all end up with a dust settles, so

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Speaker 1: to speak. And at some point you you start making

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Speaker 1: a regular page, like you start you start getting You've

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Speaker 1: been in the NFL now for a number of years,

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Speaker 1: but even still you kind of inhibited the amount you're

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Speaker 1: able to spend. You were living on just like ten

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Speaker 1: percent of your salary at some point, right, what what

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Speaker 1: made you go to such an extreme with your savings?

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Speaker 1: And I guess I'm curious too, how hard is it

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Speaker 1: to live like in a culture where fancy stuff, new cars,

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Speaker 1: like those sorts of trips to them all were those

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Speaker 1: sorts of displays of wealth are normal? Do you see?

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Speaker 1: Do you do? You seem like a complete quirky oddball. Yeah,

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Speaker 1: I think, uh definitely. People are are surprised when they

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Speaker 1: meet me. Um, but I think for me, So we

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Speaker 1: started teaching the class called Life one on one years

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Speaker 1: ago at Penn and we teach it to the public

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Speaker 1: now just basics of finance, right, we got in high

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Speaker 1: schools and and everything. At this point, we're continue to

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Speaker 1: grow that platform. But the first lecture specifically is on

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Speaker 1: starting to identify your why and starting to identify what

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Speaker 1: matters to you from a life standpoint, right, what you

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Speaker 1: want to be remembered for and legacy is you guys

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Speaker 1: mentioned earlier, but also just from like a money standpoint.

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Speaker 1: And so for me, when I think about my wide,

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Speaker 1: I think about what's important right, Like to me, it

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Speaker 1: isn't the chains. It isn't the cars, it isn't the

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Speaker 1: dopest shoes or anything like that. It's not to say

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Speaker 1: that I don't want stuff, It's just I don't. Necessarily

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Speaker 1: it doesn't make me feel like more of a man

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Speaker 1: or a better person just to have like a bunch

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Speaker 1: of diamonds on my neck or or in my ears

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Speaker 1: or whatever. Right, So, now that I've identified that, I

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Speaker 1: can make sure that I'm also making my spending in

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Speaker 1: alignment with that. What I really like is financial freedom,

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Speaker 1: and what I've really been chasing since high school is

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Speaker 1: financial freedom, which for me, the only way I can

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Speaker 1: get that is through investing and buying assets and and

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Speaker 1: things of that nature and building empire. And so for me,

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Speaker 1: I understood that having an NFL salary is you know,

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Speaker 1: once in a lifetime opportunity. And I also also looked

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Speaker 1: at it as as startup capital. Right, So what can

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Speaker 1: I do with this money to go put it into

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Speaker 1: assets or put it into businesses, or invest to make

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Speaker 1: the best best investment of all time and invest in

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Speaker 1: myself enough to make sure that this money that we

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Speaker 1: are making today is just you know, hopefully I can

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Speaker 1: look back at it years from now and laugh at it, right,

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Speaker 1: And that's just part of me being a competitor. It's

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Speaker 1: not to be offensive to anybody or anything like that.

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Speaker 1: But years ago and in college, I made a rule

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Speaker 1: to myself that you know, I never want to take

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Speaker 1: a step backwards in earnings. And literally I started working

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Speaker 1: a job at Walmart night shift seven an hour, but

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Speaker 1: I worked night shifts, so they had to give me

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Speaker 1: eight forty five an hour, right, And ever since then

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Speaker 1: freshman year, I've only increased, increased, increased, And so the

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Speaker 1: goal for me is like, well, in order for me

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Speaker 1: to do that the right way, I gotta take as

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Speaker 1: much as I can and I gotta put it to

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Speaker 1: work for me. And so that's the reason for the

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Speaker 1: crazy savings amount. But it's also just me not wanting

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Speaker 1: to have to depend on the NFL team to like me,

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Speaker 1: or you know, anybody else to put food on on

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Speaker 1: my family's plate. That's right. You gotta put that capital

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Speaker 1: to work for you or Cope, I should say this

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Speaker 1: is all good stuff, and we actually want to We've

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Speaker 1: got a couple more questions about the NFL, but we're

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Speaker 1: gonna talk about investing and yeah, making sure that you

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Speaker 1: are putting those dollars to work for you, and we

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Speaker 1: will get to all of that right after the break.

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Speaker 1: We're back from the break still talking with Brandon Copeland

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Speaker 1: or Cope, who is an NFL linebacker, and clearly, just

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Speaker 1: from the first twenty minutes of this conversation, um just

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Speaker 1: has a ridiculous amount of personal finance intelligence. And and Hope,

427
00:21:33,600 --> 00:21:36,119
Speaker 1: I guess one question I have like you. I asked

428
00:21:36,200 --> 00:21:38,359
Speaker 1: maybe about you being an oddball or an outlier in

429
00:21:38,400 --> 00:21:40,840
Speaker 1: the locker room, but do those guys ever come up

430
00:21:40,840 --> 00:21:42,920
Speaker 1: to you in private and they're like, hey, it turns

431
00:21:42,920 --> 00:21:45,240
Speaker 1: out I'm I'm not doing so good with my money.

432
00:21:45,640 --> 00:21:47,560
Speaker 1: How do you do it? Are Are they picking your

433
00:21:47,600 --> 00:21:51,080
Speaker 1: brain about personal finances on the reg Yeah all the time,

434
00:21:51,240 --> 00:21:55,359
Speaker 1: actually all the time. I mean the oddest requests now,

435
00:21:55,440 --> 00:21:59,080
Speaker 1: which are awesome to be quite honest with you are

436
00:21:59,280 --> 00:22:03,560
Speaker 1: literally in the middle of games at this point. Uh yeah,

437
00:22:03,560 --> 00:22:06,920
Speaker 1: I'll be going against an opponent. I remember two times

438
00:22:06,920 --> 00:22:10,000
Speaker 1: in particulars really stick out because they're they're funny. I

439
00:22:10,000 --> 00:22:12,280
Speaker 1: actually was able to show my wife on on film.

440
00:22:13,000 --> 00:22:14,800
Speaker 1: But one time I was with the Patriots and you know,

441
00:22:15,160 --> 00:22:17,639
Speaker 1: dude comes up to me after you know, a play

442
00:22:18,119 --> 00:22:19,720
Speaker 1: and I'm thinking in my head, you know, I'm in

443
00:22:19,720 --> 00:22:22,440
Speaker 1: football mode. So I'm in my head like, okay, let's

444
00:22:22,520 --> 00:22:25,359
Speaker 1: let's we're about to talk some trash. We're about to y'all.

445
00:22:25,400 --> 00:22:28,120
Speaker 1: You know, let's go get face to face. Let's do this. Yeah,

446
00:22:28,160 --> 00:22:32,280
Speaker 1: you know. And he comes up and says, hey, Coke, like, man,

447
00:22:32,359 --> 00:22:35,000
Speaker 1: love what you're doing. I'm trying to get into some

448
00:22:35,040 --> 00:22:36,600
Speaker 1: real estate. Would love to talk to you after the

449
00:22:36,640 --> 00:22:38,639
Speaker 1: game and this all season blah blah blah. And I'm like,

450
00:22:38,680 --> 00:22:41,560
Speaker 1: we're like close to the sideline. Uh. And I'm like

451
00:22:41,600 --> 00:22:44,480
Speaker 1: in my mind, I'm like I'm in savage mode. So

452
00:22:44,520 --> 00:22:46,560
Speaker 1: I'm like, all, yeah, we could do that. But I'm

453
00:22:46,560 --> 00:22:48,399
Speaker 1: also in my mind, I'm like, well, Bill Belichick is

454
00:22:48,440 --> 00:22:51,159
Speaker 1: probably right over my shoulder, and he probably sees this

455
00:22:51,240 --> 00:22:53,359
Speaker 1: is too friendly of a conversation. I need you to

456
00:22:53,400 --> 00:22:55,560
Speaker 1: get away from me. Get away from me. Now. You know.

457
00:22:55,880 --> 00:22:58,040
Speaker 1: It's not baseball where they have those like conversations at

458
00:22:58,040 --> 00:22:59,800
Speaker 1: First Place that are like super sweet and stuffing like

459
00:23:00,200 --> 00:23:02,159
Speaker 1: football and like that. This is about you tearing his

460
00:23:02,280 --> 00:23:05,679
Speaker 1: head off. It's hilarious. Yeah, I'm sure that caught you

461
00:23:05,680 --> 00:23:07,720
Speaker 1: off guard where you're like, wait a minute, ye is

462
00:23:07,760 --> 00:23:10,720
Speaker 1: it that you're thinking about investing in real estate. How's

463
00:23:10,720 --> 00:23:13,480
Speaker 1: it you're thinking about your future when you just hit

464
00:23:13,520 --> 00:23:17,200
Speaker 1: me really hard next week? Yeah, exactly. It's like it's

465
00:23:17,520 --> 00:23:19,800
Speaker 1: it's such a dichotomy, but it was. It was. It's

466
00:23:19,840 --> 00:23:22,720
Speaker 1: awesome though, and it's happened multiple times at this point,

467
00:23:23,000 --> 00:23:25,439
Speaker 1: and that I think it shows obviously where players minds

468
00:23:25,480 --> 00:23:28,800
Speaker 1: are right, which is great, Like players minds are in

469
00:23:28,840 --> 00:23:31,439
Speaker 1: a good way of like their longevity and their future

470
00:23:31,520 --> 00:23:33,800
Speaker 1: and things of that nature. And we've also we host

471
00:23:33,840 --> 00:23:38,520
Speaker 1: courses um and zoom, webinars and networking events with athletes

472
00:23:38,560 --> 00:23:41,720
Speaker 1: and entertainers now and stuff. But but yeah, that that

473
00:23:41,760 --> 00:23:44,919
Speaker 1: one in particular, it was pretty hilarious because it was

474
00:23:44,960 --> 00:23:47,200
Speaker 1: the pandemic season as well too, so there was no

475
00:23:47,240 --> 00:23:51,960
Speaker 1: one else in the crowd or they can hear you. Brother,

476
00:23:52,080 --> 00:23:56,640
Speaker 1: you gotta wait for me, you know that. I love that. Man.

477
00:23:56,680 --> 00:23:58,720
Speaker 1: That's that's a good well. I mean, your reputation goes

478
00:23:58,760 --> 00:24:01,040
Speaker 1: before you, man, Like that's that's what that points to.

479
00:24:01,160 --> 00:24:03,360
Speaker 1: It points to the good work that you're doing off

480
00:24:03,440 --> 00:24:05,560
Speaker 1: the off the field. I mean, do you do you

481
00:24:05,560 --> 00:24:07,480
Speaker 1: feel like that there is the shift because I feel like,

482
00:24:07,520 --> 00:24:09,000
Speaker 1: for for the longest time, it seemed like a lot

483
00:24:09,040 --> 00:24:10,720
Speaker 1: of players were going, you know, they would play for

484
00:24:10,760 --> 00:24:13,840
Speaker 1: maybe a year or two, their knee pops, and all

485
00:24:13,880 --> 00:24:17,320
Speaker 1: of a sudden they're they're bankrupt, right like they're pennyless.

486
00:24:17,560 --> 00:24:19,240
Speaker 1: Do you feel like that there's a shift. Does it

487
00:24:19,280 --> 00:24:21,440
Speaker 1: seem like that there are more NFL players who are

488
00:24:21,800 --> 00:24:23,920
Speaker 1: maybe being a little smarter with their money, who are

489
00:24:23,960 --> 00:24:27,080
Speaker 1: thinking a little more long term? Yeah? I think that

490
00:24:27,760 --> 00:24:30,679
Speaker 1: one that that documentary highlighted a lot of things, uh

491
00:24:31,240 --> 00:24:34,440
Speaker 1: for for NFL athletes in particular, and just athletes in particular.

492
00:24:34,720 --> 00:24:36,840
Speaker 1: So no one wants to be on the part two

493
00:24:37,280 --> 00:24:40,840
Speaker 1: of it, right, um, but two people are understanding their

494
00:24:40,840 --> 00:24:45,000
Speaker 1: platform a lot more, you know. And I was fortunately

495
00:24:45,000 --> 00:24:48,360
Speaker 1: when I came into the NFL to be around some

496
00:24:48,600 --> 00:24:53,240
Speaker 1: amazing people, amazing mentors, amazing vets as we call them, right.

497
00:24:53,680 --> 00:24:57,720
Speaker 1: And I saw, you know, Glover Quinn for example, he

498
00:24:58,520 --> 00:25:00,760
Speaker 1: think at that time he was in years six or seven,

499
00:25:01,000 --> 00:25:04,040
Speaker 1: pro bowler and all of that stuff, And he'd be

500
00:25:04,080 --> 00:25:06,720
Speaker 1: at his locker with a bunch of cameras around him,

501
00:25:06,760 --> 00:25:08,520
Speaker 1: and he'd be wearing a hat with a logo on

502
00:25:08,560 --> 00:25:10,639
Speaker 1: it that I've never seen before, but in his locker

503
00:25:10,720 --> 00:25:13,960
Speaker 1: and the cubby, he would have different brands and different

504
00:25:14,000 --> 00:25:16,040
Speaker 1: things of that nature, and I'm like, what is Like,

505
00:25:16,119 --> 00:25:17,480
Speaker 1: what are these? He was like, Oh, these are the

506
00:25:17,560 --> 00:25:20,399
Speaker 1: companies I invest in, So you know, I'm gonna go

507
00:25:20,400 --> 00:25:23,119
Speaker 1: ahead and get them some free marketing because it's going

508
00:25:23,200 --> 00:25:27,600
Speaker 1: to increase my my value right like and so wow, okay,

509
00:25:27,720 --> 00:25:31,040
Speaker 1: you're thinking differently. But for me, you know, I probably

510
00:25:31,040 --> 00:25:34,280
Speaker 1: would never have if I did not have that experience,

511
00:25:34,280 --> 00:25:36,560
Speaker 1: and then it would have prevented me from creating this

512
00:25:36,600 --> 00:25:38,720
Speaker 1: whole business model that I have for one of the

513
00:25:38,840 --> 00:25:41,159
Speaker 1: legs of my business model that I have with my

514
00:25:41,200 --> 00:25:44,280
Speaker 1: consultancy group for example. So you know, you're you're only

515
00:25:44,400 --> 00:25:48,200
Speaker 1: is is good so to speak, is your experiences right

516
00:25:48,200 --> 00:25:49,960
Speaker 1: and what you're able to listen and learn from it?

517
00:25:50,000 --> 00:25:52,959
Speaker 1: And then obviously your execution has to be clean after that.

518
00:25:53,040 --> 00:25:55,800
Speaker 1: But there's so many guys doing some amazing things now

519
00:25:55,880 --> 00:25:59,639
Speaker 1: and it's just exciting to see. We talked about fellow

520
00:25:59,640 --> 00:26:03,000
Speaker 1: players giving advice from you, and but what about financial

521
00:26:03,000 --> 00:26:05,760
Speaker 1: advisors And I'm curious to know what your taking is

522
00:26:05,800 --> 00:26:07,880
Speaker 1: on that, And it seems like I don't know. I've

523
00:26:07,880 --> 00:26:11,800
Speaker 1: heard a lot of stories of people shark like people

524
00:26:11,960 --> 00:26:15,040
Speaker 1: praying on you know, young NFL players who signed the

525
00:26:15,040 --> 00:26:18,600
Speaker 1: big contract. So what what what advice do you give

526
00:26:19,000 --> 00:26:21,639
Speaker 1: to NFL rookies or yeah, and just kind of how

527
00:26:21,680 --> 00:26:25,399
Speaker 1: do you think about that financial advisor space in general? Yeah,

528
00:26:25,480 --> 00:26:28,840
Speaker 1: So the first piece of advice I always say is, um,

529
00:26:29,600 --> 00:26:31,720
Speaker 1: learn how to say no. You know, I think it's

530
00:26:31,760 --> 00:26:33,760
Speaker 1: one of the toughest things in the world. And that's

531
00:26:33,800 --> 00:26:37,320
Speaker 1: not even like this is financial advice for you just

532
00:26:37,400 --> 00:26:40,200
Speaker 1: as a person and in general. And you come to

533
00:26:40,320 --> 00:26:43,160
Speaker 1: the NFL, and now even with n I L money.

534
00:26:43,280 --> 00:26:45,239
Speaker 1: You know, some guys in college and making more than

535
00:26:45,320 --> 00:26:47,919
Speaker 1: some NFL guys, right, but you need to learn how

536
00:26:47,920 --> 00:26:51,480
Speaker 1: to say no and become a business man or woman

537
00:26:51,600 --> 00:26:54,800
Speaker 1: like acep. And what I mean when I say that is,

538
00:26:54,960 --> 00:26:57,840
Speaker 1: you know, you've worked your entire life for money, and

539
00:26:58,240 --> 00:27:00,680
Speaker 1: I want to make sure I framed this properly. You've

540
00:27:00,680 --> 00:27:03,000
Speaker 1: worked your entire life to make it to the NFL.

541
00:27:03,160 --> 00:27:05,119
Speaker 1: Which part of the reason why you did that is

542
00:27:05,160 --> 00:27:07,119
Speaker 1: for the money. Right. They're like, yeah, you want the

543
00:27:07,160 --> 00:27:09,080
Speaker 1: platform and all that stuff, But most of us dream

544
00:27:09,119 --> 00:27:11,160
Speaker 1: of being in the NFL because we think we're gonna

545
00:27:11,200 --> 00:27:13,440
Speaker 1: get fancy cars and you're gonna show up and it's

546
00:27:13,440 --> 00:27:15,600
Speaker 1: gonna be fans just waiting for you everywhere you go

547
00:27:15,680 --> 00:27:19,520
Speaker 1: and all of that stuff, right, Um. But when you

548
00:27:19,560 --> 00:27:22,680
Speaker 1: get to the NFL, you leave college and you might

549
00:27:22,720 --> 00:27:25,800
Speaker 1: meet an agent, and you know, you might have known

550
00:27:25,800 --> 00:27:29,600
Speaker 1: that agent for six months or so, and then you

551
00:27:30,080 --> 00:27:35,200
Speaker 1: hand your entire life's work over to that agent slash.

552
00:27:35,480 --> 00:27:37,760
Speaker 1: A lot of guys they get introduced to their financial

553
00:27:37,760 --> 00:27:40,720
Speaker 1: advisor through their agent, right because that's their most trusted

554
00:27:40,800 --> 00:27:43,760
Speaker 1: resource coming into this new chapter in their lives. Right.

555
00:27:44,119 --> 00:27:47,000
Speaker 1: And so it's like, for me, I've been playing football

556
00:27:47,040 --> 00:27:50,919
Speaker 1: since fourth grade, so and I've been genuinely working harder

557
00:27:50,960 --> 00:27:53,600
Speaker 1: than everybody since fourth grade. I haven't always wanted to

558
00:27:53,640 --> 00:27:56,119
Speaker 1: go to the NFL, but I remember being overweight in

559
00:27:56,200 --> 00:27:59,040
Speaker 1: fourth grade and running around my house and trash bags

560
00:27:59,080 --> 00:28:01,840
Speaker 1: and stuff like that, doing extra running and doing extra

561
00:28:01,880 --> 00:28:03,880
Speaker 1: things just to make weight to play every single week

562
00:28:03,920 --> 00:28:07,760
Speaker 1: in rec league, right um. And so for me, I

563
00:28:07,840 --> 00:28:10,840
Speaker 1: try to let young guys know, like you've been investing

564
00:28:11,440 --> 00:28:14,000
Speaker 1: for this your entire life, Like, yes, you're getting a

565
00:28:14,040 --> 00:28:17,080
Speaker 1: big payday to day, but you've worked harder than everybody

566
00:28:17,080 --> 00:28:19,359
Speaker 1: else and you've invested in yourself. You said no the parties,

567
00:28:19,400 --> 00:28:22,359
Speaker 1: you said no, the bad obstacles and different things so

568
00:28:22,400 --> 00:28:26,760
Speaker 1: that you can be here. So what how crazy does

569
00:28:26,760 --> 00:28:28,880
Speaker 1: it sound that you just make this huge lump sum

570
00:28:28,920 --> 00:28:30,760
Speaker 1: of money, you just hand it over to somebody just

571
00:28:30,800 --> 00:28:34,760
Speaker 1: turn a blind eye. I think that that's absurd, and

572
00:28:34,840 --> 00:28:38,360
Speaker 1: so for me, Um, you know, I just always tell people, Listen,

573
00:28:38,440 --> 00:28:40,640
Speaker 1: you've worked your entire life for the money. You gotta

574
00:28:40,680 --> 00:28:42,560
Speaker 1: work twice as hard to learn how to save it,

575
00:28:42,920 --> 00:28:44,880
Speaker 1: and three times it's hard to learn how to grow it.

576
00:28:45,200 --> 00:28:49,760
Speaker 1: So simply put, mind your business right, like, check in

577
00:28:49,800 --> 00:28:52,960
Speaker 1: with your financial advisor. Right. If you're gonna hire financial advisor,

578
00:28:53,160 --> 00:28:58,080
Speaker 1: work closely with them or closer with them. UM, have conversations.

579
00:28:58,160 --> 00:29:00,440
Speaker 1: Make sure they're educating you so that you can eventually

580
00:29:00,520 --> 00:29:04,320
Speaker 1: check what's going on in your portfolio. Because unfortunately, I've

581
00:29:04,320 --> 00:29:08,720
Speaker 1: seen way too many players taking advantage of right, way

582
00:29:08,720 --> 00:29:12,640
Speaker 1: too many charges on statements that are erroneous. Right, I've

583
00:29:12,640 --> 00:29:16,960
Speaker 1: seen guys charge thousands of dollars for text messages right

584
00:29:17,080 --> 00:29:21,640
Speaker 1: and literally just correspondence with advisors. And that's if you're

585
00:29:21,680 --> 00:29:26,280
Speaker 1: not minding your business, you will potentially fall victim to that. Um.

586
00:29:26,320 --> 00:29:28,240
Speaker 1: It's not to say everything will be perfect when it

587
00:29:28,240 --> 00:29:31,840
Speaker 1: comes to money. I'm making mistakes right now. Everybody's making mistakes.

588
00:29:31,840 --> 00:29:34,760
Speaker 1: Warm Buffetts making mistakes right now, and that's okay. But

589
00:29:34,960 --> 00:29:38,320
Speaker 1: you never want something that you worked your entire life

590
00:29:38,320 --> 00:29:42,840
Speaker 1: for to just uh fall victim to your ignorance or

591
00:29:42,880 --> 00:29:45,280
Speaker 1: you just turning it over to somebody with a blind

592
00:29:45,280 --> 00:29:48,320
Speaker 1: eye and just thinking that they're going to have supreme

593
00:29:48,480 --> 00:29:51,800
Speaker 1: intentions for your money because nobody cares about you the

594
00:29:51,840 --> 00:29:54,880
Speaker 1: way you do. That's right. Yeah, it definitely takes a

595
00:29:54,960 --> 00:29:57,920
Speaker 1: level of personal responsibility there. And you're talking about investing,

596
00:29:58,440 --> 00:30:00,200
Speaker 1: you know, with with the work that you put to

597
00:30:00,240 --> 00:30:03,280
Speaker 1: get to the NFL. Um But on that note, you've

598
00:30:03,320 --> 00:30:05,760
Speaker 1: said before that when you when you came into the

599
00:30:05,880 --> 00:30:10,040
Speaker 1: NFL that you were investing, but specifically you were day trading. Uh,

600
00:30:10,080 --> 00:30:11,960
Speaker 1: And so we're kind of shifting gears here, like, what's

601
00:30:11,960 --> 00:30:14,800
Speaker 1: what you're investing strategy these days? Folks listen to our show,

602
00:30:14,840 --> 00:30:18,560
Speaker 1: they know we're all about index funds. Super boring but

603
00:30:19,120 --> 00:30:23,360
Speaker 1: sup but super cheap and very widely diversified. But yeah,

604
00:30:23,360 --> 00:30:24,719
Speaker 1: I would love to hear how it is that you're

605
00:30:24,760 --> 00:30:28,480
Speaker 1: investing your money these days. Yeah, So I am with you, guys,

606
00:30:28,680 --> 00:30:32,120
Speaker 1: I'm looking for boring it makes money, plain and simple, boring,

607
00:30:32,160 --> 00:30:37,760
Speaker 1: make good. That's what I'm looking for. One is less stressful. Um.

608
00:30:37,920 --> 00:30:40,480
Speaker 1: You know, if you have a long term perspective, I

609
00:30:40,520 --> 00:30:43,800
Speaker 1: think that that's obviously what would you know, differentiates a

610
00:30:43,800 --> 00:30:47,160
Speaker 1: lot of different um investment advice, so to speak. But

611
00:30:47,200 --> 00:30:49,400
Speaker 1: if you have that long term perspective, for me, it

612
00:30:49,560 --> 00:30:53,320
Speaker 1: is let me put this away in in certain companies

613
00:30:53,320 --> 00:30:56,360
Speaker 1: that I believe will be here, Apple, the Amazons of

614
00:30:56,400 --> 00:30:59,800
Speaker 1: the world, right index funds. I do like picking stocks

615
00:31:00,360 --> 00:31:02,240
Speaker 1: from time to time, but I try to, you know,

616
00:31:02,280 --> 00:31:03,960
Speaker 1: the stocks that I do pick, I try to pick

617
00:31:04,080 --> 00:31:08,120
Speaker 1: things that are literally changing my life right. And and

618
00:31:08,200 --> 00:31:11,560
Speaker 1: an example of that, my wife's birthday was a few

619
00:31:11,600 --> 00:31:14,320
Speaker 1: weeks ago, and I, silly me, forgot the table cloths

620
00:31:14,520 --> 00:31:16,880
Speaker 1: for an event. We were doing a little event, running

621
00:31:16,880 --> 00:31:19,080
Speaker 1: out a little space. And you know, it's my first

622
00:31:19,240 --> 00:31:21,479
Speaker 1: birthday with my wife since fourth grade, because usually I'm

623
00:31:21,520 --> 00:31:24,800
Speaker 1: in training camp. And so I'm like, literally, what was

624
00:31:24,840 --> 00:31:26,440
Speaker 1: my first birthday ever with my wife. I didn't know

625
00:31:26,440 --> 00:31:28,160
Speaker 1: my wife in fourth grade. So I'm like, you know,

626
00:31:28,200 --> 00:31:31,160
Speaker 1: I gotta go all out, you know, And so anyway,

627
00:31:31,320 --> 00:31:33,600
Speaker 1: I forgot the table cloths. You know, your boy forgot

628
00:31:33,600 --> 00:31:36,040
Speaker 1: the table cloths, and so I literally get on Amazon's

629
00:31:36,080 --> 00:31:38,920
Speaker 1: app and they can get the table close there in

630
00:31:39,080 --> 00:31:41,880
Speaker 1: like eight hours or something like that. I'm like, this

631
00:31:41,960 --> 00:31:44,680
Speaker 1: is life changing, right, Like the fact that in my

632
00:31:44,760 --> 00:31:47,840
Speaker 1: mind I naturally decided to say, you know what, I

633
00:31:47,880 --> 00:31:50,000
Speaker 1: forgot table cloths instead of me going to the grocery

634
00:31:50,000 --> 00:31:51,800
Speaker 1: store and getting them, let me see if Amazon can

635
00:31:51,800 --> 00:31:55,520
Speaker 1: get them to me. Right, that is, that's something remarkable, right,

636
00:31:55,640 --> 00:31:57,720
Speaker 1: And so that was if I'm going to invest in

637
00:31:57,720 --> 00:32:00,360
Speaker 1: a company or a stock, it's got to be something

638
00:32:00,400 --> 00:32:05,080
Speaker 1: that has literally changed the way we do business as people, right,

639
00:32:05,160 --> 00:32:08,640
Speaker 1: the way we operate as human beings. And that's the

640
00:32:08,680 --> 00:32:11,360
Speaker 1: only thing that's attracted to me outside of Index Funds.

641
00:32:11,400 --> 00:32:13,920
Speaker 1: But other than that, I think you guys, right is

642
00:32:14,000 --> 00:32:16,840
Speaker 1: like Index Funds said it and forget it. It has

643
00:32:16,880 --> 00:32:19,760
Speaker 1: this diversification book booked into it. If you buy it today,

644
00:32:20,480 --> 00:32:23,120
Speaker 1: you know it should be up five, ten, twenty years

645
00:32:23,120 --> 00:32:24,560
Speaker 1: from now, and if not, then we might have a

646
00:32:24,560 --> 00:32:27,040
Speaker 1: bigger problem, to be honest with you, that's exactly right. Well,

647
00:32:27,080 --> 00:32:28,800
Speaker 1: you mentioned your your wife, Taylor Hope. I hope that

648
00:32:28,840 --> 00:32:33,240
Speaker 1: birthday panned out well. By the way, good table claps

649
00:32:33,280 --> 00:32:36,320
Speaker 1: got in excellent excellent Amazon delivered in the clutch. Well,

650
00:32:36,360 --> 00:32:39,480
Speaker 1: and you you guys invest in real estate together, right,

651
00:32:39,480 --> 00:32:41,280
Speaker 1: You guys do have a couple of real estate companies

652
00:32:41,760 --> 00:32:43,920
Speaker 1: um that you hold together. So what is what is

653
00:32:43,920 --> 00:32:46,680
Speaker 1: your real estate investing look like? So we're doing the

654
00:32:46,720 --> 00:32:48,840
Speaker 1: index funds, a couple of individual stocks here and there,

655
00:32:49,080 --> 00:32:52,520
Speaker 1: but yeah, what's that real estate piece look like? Yeah?

656
00:32:52,640 --> 00:32:56,560
Speaker 1: So we um well one shameless plug. We we got

657
00:32:56,560 --> 00:32:59,560
Speaker 1: a show coming out on Netflix pretty soon here called

658
00:32:59,600 --> 00:33:02,560
Speaker 1: by My House. So you know, I'm excited about that.

659
00:33:03,160 --> 00:33:07,520
Speaker 1: We graduated from doing flips. We did residential, uh, single

660
00:33:07,520 --> 00:33:11,520
Speaker 1: family flips for years and basically what we did. And

661
00:33:12,320 --> 00:33:15,160
Speaker 1: you know when you mentioned index funds and he said boring,

662
00:33:15,360 --> 00:33:18,320
Speaker 1: and I said, hey, boring makes money. I'm always looking

663
00:33:18,360 --> 00:33:20,120
Speaker 1: to figure out how can I do this more efficiently

664
00:33:20,120 --> 00:33:22,520
Speaker 1: so I can get my time back. And so now

665
00:33:22,560 --> 00:33:26,000
Speaker 1: what we're doing is we are developing buildings from the

666
00:33:26,080 --> 00:33:28,560
Speaker 1: ground up. So we have a forty one unit building

667
00:33:28,560 --> 00:33:30,880
Speaker 1: in New York, New Jersey, downtown, New York, New Jersey,

668
00:33:31,200 --> 00:33:33,440
Speaker 1: right across the street from two high schools in the library.

669
00:33:33,920 --> 00:33:36,040
Speaker 1: We're building that up right now. We have a sixty

670
00:33:36,080 --> 00:33:41,160
Speaker 1: six unit building, the largest it's affordable housing, largest affordable

671
00:33:41,160 --> 00:33:44,720
Speaker 1: housing project in downtown Newark, New Jersey. UM that'll be

672
00:33:44,720 --> 00:33:48,080
Speaker 1: going up Q one we have a sixteen and a

673
00:33:48,120 --> 00:33:51,680
Speaker 1: twelve unit. And then we also are now doing land development,

674
00:33:51,800 --> 00:33:56,800
Speaker 1: so basically buying acres acres of land and doing uh

675
00:33:56,880 --> 00:34:00,640
Speaker 1: commercial land development, so either partnering with developers were they're building,

676
00:34:01,240 --> 00:34:04,120
Speaker 1: uh Like, for one plot we've got nine hundred units

677
00:34:04,240 --> 00:34:07,920
Speaker 1: being built. Another plot we got McDonald's wants to be

678
00:34:08,000 --> 00:34:11,960
Speaker 1: attendant Wawa Circle k UM not shouting out these companies

679
00:34:12,040 --> 00:34:14,800
Speaker 1: or anything like that. There's no sponsorships here. But more importantly,

680
00:34:14,840 --> 00:34:18,040
Speaker 1: it's like just trying to find ways to level up

681
00:34:18,080 --> 00:34:21,200
Speaker 1: where now it's simpler, now it's boring. Now it's McDonald's

682
00:34:21,200 --> 00:34:23,520
Speaker 1: twenty year. At least I don't have to necessarily worry about,

683
00:34:24,120 --> 00:34:27,560
Speaker 1: you know, the pipe Burston because it's triple net, or

684
00:34:27,600 --> 00:34:29,520
Speaker 1: I don't have to necessarily worry about them moving out

685
00:34:29,560 --> 00:34:33,480
Speaker 1: after five years because hey it's twenty years from McDonald's right,

686
00:34:33,600 --> 00:34:36,440
Speaker 1: or Tesla or whomever. So yeah, we've been in the

687
00:34:36,480 --> 00:34:38,600
Speaker 1: development space for a while now, and I think that

688
00:34:38,600 --> 00:34:41,520
Speaker 1: that's where we're going to continue to push. But again

689
00:34:41,600 --> 00:34:44,719
Speaker 1: playing and boring what I want to get into our

690
00:34:44,760 --> 00:34:49,799
Speaker 1: parking lots and storage units. Boring sounds really simple, but

691
00:34:50,120 --> 00:34:53,160
Speaker 1: I've never heard anybody complain about their parking lot space right,

692
00:34:53,200 --> 00:34:56,399
Speaker 1: And I want to basically tell my children listen, every

693
00:34:56,440 --> 00:34:59,279
Speaker 1: fifty years, repaint these lines and don't mess this up.

694
00:34:59,440 --> 00:35:01,120
Speaker 1: I just don't mess it up. Well, you gotta worry

695
00:35:01,160 --> 00:35:03,080
Speaker 1: about I think that's such an important thing. Though. As

696
00:35:03,160 --> 00:35:05,360
Speaker 1: you start to as you start to make more money

697
00:35:05,440 --> 00:35:08,879
Speaker 1: or and you accrue wealth because you've just consistently spent

698
00:35:08,960 --> 00:35:11,440
Speaker 1: a whole lot less than you bring in, and you

699
00:35:11,520 --> 00:35:15,759
Speaker 1: invested wisely, at some point you start to think, well,

700
00:35:15,840 --> 00:35:17,320
Speaker 1: how can I how can I make my life a

701
00:35:17,360 --> 00:35:20,120
Speaker 1: little bit easier, even if maybe the returns aren't quite

702
00:35:20,160 --> 00:35:22,800
Speaker 1: as good. And I think that's no quick, an okay

703
00:35:22,880 --> 00:35:25,279
Speaker 1: question to ask. I think it's smart because at some

704
00:35:25,320 --> 00:35:26,919
Speaker 1: point you can't do it all right, and you can't

705
00:35:26,920 --> 00:35:30,480
Speaker 1: flip uh ten houses in a month like that just

706
00:35:30,520 --> 00:35:32,880
Speaker 1: becomes too much for you to manage. So, okay, how

707
00:35:32,920 --> 00:35:34,960
Speaker 1: can I do this? That makes it actually a little

708
00:35:35,000 --> 00:35:36,919
Speaker 1: bit more passive. So I like that you're thinking that way, Brandon.

709
00:35:36,920 --> 00:35:38,120
Speaker 1: You got a lot, You got a lot on your

710
00:35:38,160 --> 00:35:40,719
Speaker 1: plate point in football, invest in real estate doing all

711
00:35:40,719 --> 00:35:42,600
Speaker 1: the stuff you're doing. But we've actually got a couple

712
00:35:42,640 --> 00:35:44,560
Speaker 1: more questions we want to get to you, including what

713
00:35:44,600 --> 00:35:48,239
Speaker 1: it looks like to pass on that financial education to

714
00:35:48,280 --> 00:35:50,480
Speaker 1: the next generation. So we'll ask a couple of questions

715
00:35:50,480 --> 00:36:01,200
Speaker 1: on that and more right after this break. Al Right,

716
00:36:01,239 --> 00:36:02,960
Speaker 1: we are back from the break. We were talking with

717
00:36:03,120 --> 00:36:06,000
Speaker 1: Brandon Copeland that are known as COPE. You know, we

718
00:36:06,000 --> 00:36:09,000
Speaker 1: we talked through the NFL. We talked about investing and

719
00:36:09,560 --> 00:36:11,560
Speaker 1: you know, you were just talking about having your kids

720
00:36:11,600 --> 00:36:13,680
Speaker 1: not mess it up, not messing up the lot. Make

721
00:36:13,680 --> 00:36:15,759
Speaker 1: sure you gotta repaint those lines on the on the

722
00:36:15,800 --> 00:36:18,759
Speaker 1: parking lot as you simplify things. But yeah, like what

723
00:36:18,880 --> 00:36:21,800
Speaker 1: about impacting kids with with better financial education? You know,

724
00:36:21,800 --> 00:36:24,360
Speaker 1: because you've got a couple of little ones there, Like,

725
00:36:24,440 --> 00:36:27,040
Speaker 1: how do you think about specifically, how do you think

726
00:36:27,040 --> 00:36:29,680
Speaker 1: about building wealth when it comes to passing that onto

727
00:36:29,719 --> 00:36:32,759
Speaker 1: your kids? How how is it that you're thinking about legacy? Yeah,

728
00:36:32,800 --> 00:36:35,239
Speaker 1: so I'm thinking one, like I said, mentally, right, Like,

729
00:36:35,280 --> 00:36:38,120
Speaker 1: I want to make sure that they can start from

730
00:36:38,120 --> 00:36:41,600
Speaker 1: the bottom and pull themselves out of any hole. Right,

731
00:36:41,640 --> 00:36:44,520
Speaker 1: So that's the most important thing to me. Um Then

732
00:36:44,560 --> 00:36:48,759
Speaker 1: to financially first is like you said the education. A

733
00:36:48,800 --> 00:36:51,200
Speaker 1: lot of us want to go hustle and work and

734
00:36:51,200 --> 00:36:53,480
Speaker 1: then pass every them to our children, and I want

735
00:36:53,520 --> 00:36:56,000
Speaker 1: to do the same. But I also very conscious, being

736
00:36:56,000 --> 00:36:59,120
Speaker 1: an educator myself, that like if I don't teach them

737
00:36:59,160 --> 00:37:02,480
Speaker 1: how to make money or what a stock is, or

738
00:37:02,960 --> 00:37:06,120
Speaker 1: have them sitting there and watching you know, CNBC in

739
00:37:06,280 --> 00:37:10,360
Speaker 1: different things early, then all of my hard work is

740
00:37:10,400 --> 00:37:13,440
Speaker 1: for nothing because they'll just lose it, right and shoot

741
00:37:13,440 --> 00:37:15,400
Speaker 1: them that I might as well spending myself right at

742
00:37:15,440 --> 00:37:19,040
Speaker 1: that point, fortunes, fortunes are made, but then they're often

743
00:37:19,360 --> 00:37:21,960
Speaker 1: uh just kind of frittered away by the next generation

744
00:37:22,040 --> 00:37:25,200
Speaker 1: or two. And so uh So for me, that's where

745
00:37:25,200 --> 00:37:27,680
Speaker 1: we're starting is a three year old and nine month old,

746
00:37:27,719 --> 00:37:29,600
Speaker 1: so we're very early on in this process. But I

747
00:37:29,640 --> 00:37:31,960
Speaker 1: do have an eight year old niece and nephew, and

748
00:37:32,040 --> 00:37:34,520
Speaker 1: so like one of the things when they're over how

749
00:37:34,760 --> 00:37:38,400
Speaker 1: the house, we're quizzing them, hey, what's the stock? You know?

750
00:37:38,480 --> 00:37:42,239
Speaker 1: And and for me, I'm a big believer in earning everything. Um,

751
00:37:42,680 --> 00:37:44,399
Speaker 1: you don't have to earn everything, like you can eat

752
00:37:44,440 --> 00:37:47,719
Speaker 1: breakfast for free around here, right, but like but ultimately right,

753
00:37:47,719 --> 00:37:49,719
Speaker 1: like I want you to you want ice cream. We

754
00:37:49,719 --> 00:37:51,560
Speaker 1: want ice cream tonight? All right? Well, you know I'm

755
00:37:51,640 --> 00:37:54,480
Speaker 1: ask you this question and you know, we got a

756
00:37:54,520 --> 00:37:56,840
Speaker 1: hammer it home until you get the answer right because

757
00:37:56,960 --> 00:37:59,560
Speaker 1: you know, while Uncle Brandon might be annoying right now,

758
00:38:00,080 --> 00:38:03,120
Speaker 1: hopefully you know five ten years from now, you know,

759
00:38:03,200 --> 00:38:05,520
Speaker 1: some of these things click for them and they're ahead

760
00:38:05,520 --> 00:38:07,600
Speaker 1: of the curve. And so the biggest thing, like I said,

761
00:38:07,680 --> 00:38:11,080
Speaker 1: is education. I am having a bigger focus now on

762
00:38:11,280 --> 00:38:15,040
Speaker 1: real estate assets UM and real estate development because I'm

763
00:38:15,080 --> 00:38:17,920
Speaker 1: seeing such an amazing opportunity there. I know, obviously the

764
00:38:17,960 --> 00:38:20,200
Speaker 1: real estate markets in flux, but I'm just talking about

765
00:38:20,200 --> 00:38:25,239
Speaker 1: the industry or the asset class in comparison to other

766
00:38:25,280 --> 00:38:29,879
Speaker 1: asset classes. It's just I'm seeing a really huge opportunity there.

767
00:38:29,920 --> 00:38:33,000
Speaker 1: And and UM, I think that that's also something that

768
00:38:33,040 --> 00:38:36,760
Speaker 1: I can pass down to my children in a different way.

769
00:38:37,440 --> 00:38:39,880
Speaker 1: And the way I got into real estate actually right

770
00:38:39,920 --> 00:38:42,800
Speaker 1: as a stock, is something that ultimately I can't control,

771
00:38:43,120 --> 00:38:46,319
Speaker 1: right Like I can't control what Apple does today. I

772
00:38:46,360 --> 00:38:48,840
Speaker 1: can't control what Amazon does today. As much as I

773
00:38:49,160 --> 00:38:51,680
Speaker 1: like the companies, UM and I think they're doing well,

774
00:38:51,920 --> 00:38:54,200
Speaker 1: right Like, ultimately I have no control over it, but

775
00:38:54,280 --> 00:38:56,040
Speaker 1: I can't control if what we're doing real estate, I

776
00:38:56,040 --> 00:38:59,280
Speaker 1: can't control the color of the carpets. I can control

777
00:38:59,320 --> 00:39:02,480
Speaker 1: the design to the rooms in our our forda unit ability,

778
00:39:02,520 --> 00:39:05,360
Speaker 1: and I can control the the colors we paint the walls.

779
00:39:05,520 --> 00:39:09,160
Speaker 1: I have some control over certain aspects of it. I

780
00:39:09,160 --> 00:39:11,280
Speaker 1: don't have control over it all, but I have some control.

781
00:39:11,320 --> 00:39:13,719
Speaker 1: And at the end of the day, if we lose there,

782
00:39:14,280 --> 00:39:16,560
Speaker 1: then I can point the finger in myself and I

783
00:39:16,560 --> 00:39:19,880
Speaker 1: feel more comfortable by losing my money that way. Then

784
00:39:20,000 --> 00:39:22,759
Speaker 1: you know, again blindly turning and eye to it. So

785
00:39:23,040 --> 00:39:25,520
Speaker 1: for me, I'm interested in teaching my children about a

786
00:39:25,520 --> 00:39:29,640
Speaker 1: bunch of asset classes, but uh, specifically, the real real

787
00:39:29,760 --> 00:39:33,719
Speaker 1: estate is something that I'm excited about handing down to

788
00:39:33,800 --> 00:39:36,920
Speaker 1: them and different types of real estate assets I think

789
00:39:36,920 --> 00:39:38,680
Speaker 1: of real estate. It's kind of this fun ability to

790
00:39:38,680 --> 00:39:40,560
Speaker 1: help educate your kids too, because you can ask those

791
00:39:40,640 --> 00:39:43,160
Speaker 1: questions about stocks, you can teach them about businesses. But

792
00:39:43,360 --> 00:39:46,239
Speaker 1: there's something that even a second grader can kind of

793
00:39:46,320 --> 00:39:49,120
Speaker 1: understand about rental real estate that it's like people need

794
00:39:49,120 --> 00:39:51,560
Speaker 1: a place to live and that there has to be

795
00:39:51,560 --> 00:39:53,319
Speaker 1: paid for and this person pays me money to live

796
00:39:53,320 --> 00:39:56,600
Speaker 1: in this place. It's almost like the most rudimentary personal

797
00:39:56,600 --> 00:40:00,080
Speaker 1: finance lessons can be learned from real estate, and it

798
00:40:00,120 --> 00:40:03,200
Speaker 1: can become more tactile, um when you're taking the kid

799
00:40:03,280 --> 00:40:05,480
Speaker 1: to that house or in my in my case, we

800
00:40:05,560 --> 00:40:06,799
Speaker 1: used to live in that house and now we moved

801
00:40:06,800 --> 00:40:08,560
Speaker 1: to this house, but we rent that house out, and

802
00:40:08,600 --> 00:40:10,640
Speaker 1: so my kids can kind of see firsthand like, oh,

803
00:40:10,640 --> 00:40:12,919
Speaker 1: we used to live there and now it's a roof

804
00:40:13,000 --> 00:40:15,719
Speaker 1: for somebody else, and so I don't know, it just

805
00:40:15,800 --> 00:40:17,520
Speaker 1: kind of connects the doubts for them in a way.

806
00:40:17,560 --> 00:40:20,120
Speaker 1: I think that's that's really helped completely agree and that

807
00:40:20,120 --> 00:40:22,239
Speaker 1: that's as much practice as you can get. You know,

808
00:40:22,280 --> 00:40:24,839
Speaker 1: these are lessons that I didn't learn growing up, and

809
00:40:24,880 --> 00:40:28,400
Speaker 1: so for me, it's I'm cultivating the lessons as I go.

810
00:40:28,760 --> 00:40:31,279
Speaker 1: You know, we working on children's books and things of

811
00:40:31,360 --> 00:40:34,399
Speaker 1: that nature now, right, And that was just because we

812
00:40:34,400 --> 00:40:36,440
Speaker 1: were reading a bunch of books. And you know, as

813
00:40:36,520 --> 00:40:38,920
Speaker 1: much as I love Dr Seucy, wasn't teaching my children

814
00:40:38,920 --> 00:40:41,640
Speaker 1: about money, and so um, I'm just trying to find

815
00:40:41,680 --> 00:40:44,359
Speaker 1: different ways to introduce money to him earlier. If only

816
00:40:44,400 --> 00:40:46,279
Speaker 1: did a lot in a couple of personal finance books too,

817
00:40:46,320 --> 00:40:49,160
Speaker 1: that would have been really cool. Yeah, exactly. I'm one

818
00:40:49,200 --> 00:40:53,040
Speaker 1: fish to fish one dollar. It's like I can sell

819
00:40:53,080 --> 00:40:54,640
Speaker 1: you a fish or I can sell you the lessons

820
00:40:55,040 --> 00:40:59,160
Speaker 1: the fish. Alright, right, well, alright, so last question, speaking

821
00:40:59,160 --> 00:41:01,880
Speaker 1: of education, you're also you're an Ivy League professor at

822
00:41:01,880 --> 00:41:04,839
Speaker 1: you or Ala Mater, the University of Pennsylvania. And you

823
00:41:04,880 --> 00:41:06,719
Speaker 1: say that this isn't a side hustle, it's just it's

824
00:41:06,719 --> 00:41:09,080
Speaker 1: just a passion. But how do you find time for

825
00:41:09,120 --> 00:41:12,640
Speaker 1: all your side hustles and passions and just all the

826
00:41:12,760 --> 00:41:15,600
Speaker 1: all the various pursuits that you take part in? Again,

827
00:41:15,680 --> 00:41:17,520
Speaker 1: going back to that bio maatt Red, I feel very

828
00:41:17,560 --> 00:41:19,680
Speaker 1: lazy as I see all the things that you're kind

829
00:41:19,680 --> 00:41:21,360
Speaker 1: of involved in. I mean, are you just like burning

830
00:41:21,360 --> 00:41:23,880
Speaker 1: the midnight oil? Like do you actually take time to rest? Like?

831
00:41:23,880 --> 00:41:26,600
Speaker 1: What does this? How does this look in your life? Yeah,

832
00:41:26,640 --> 00:41:30,200
Speaker 1: I'm becoming I'm great at multitasking, is what I'll say.

833
00:41:30,200 --> 00:41:35,160
Speaker 1: I'm great at multitasking. So for example, um, if I'm

834
00:41:35,239 --> 00:41:37,319
Speaker 1: in season, if I'm in the couldtub, or if I'm

835
00:41:37,360 --> 00:41:39,359
Speaker 1: in the sauna, that for me is a is a

836
00:41:39,400 --> 00:41:41,879
Speaker 1: meeting time or it's time to send emails. Right Like,

837
00:41:42,160 --> 00:41:45,560
Speaker 1: I just don't take a lot of time off right,

838
00:41:45,600 --> 00:41:47,160
Speaker 1: Like I don't take a lot of time to quote

839
00:41:47,239 --> 00:41:50,040
Speaker 1: unquote shut down. And what I mean by um, what

840
00:41:50,120 --> 00:41:52,920
Speaker 1: I meant by I guess it being a passion is

841
00:41:53,280 --> 00:41:56,920
Speaker 1: you know, I've tried, genuinely tried. I think I was

842
00:41:56,960 --> 00:41:59,120
Speaker 1: with the Jets. I tried to go into the season

843
00:41:59,160 --> 00:42:02,920
Speaker 1: and just turn everything off. Everything off the field is

844
00:42:02,960 --> 00:42:06,120
Speaker 1: just off. Let's just focus all on football, go all

845
00:42:06,120 --> 00:42:10,720
Speaker 1: the way in. And my anxiety got to me because

846
00:42:11,520 --> 00:42:14,279
Speaker 1: I couldn't deal with like not checking on a real

847
00:42:14,400 --> 00:42:17,120
Speaker 1: estate project or you know, I'm literally twiddling my thumbs,

848
00:42:17,160 --> 00:42:19,319
Speaker 1: like if I don't fill my brain with that type

849
00:42:19,320 --> 00:42:22,319
Speaker 1: of stuff, then there's nothing else that I necessarily want

850
00:42:22,320 --> 00:42:24,319
Speaker 1: to put into my brain, right, Like there's only so

851
00:42:24,360 --> 00:42:28,200
Speaker 1: many shows on you know, Netflix that I can watch

852
00:42:29,000 --> 00:42:31,560
Speaker 1: before I'm like, what am I doing? Right? Like, I

853
00:42:31,560 --> 00:42:33,880
Speaker 1: gotta I can listen to a pod guy, but I

854
00:42:33,920 --> 00:42:35,440
Speaker 1: need to go try it. I need to go do it.

855
00:42:35,520 --> 00:42:39,480
Speaker 1: And so for me, I'm realizing, I'm realizing now more

856
00:42:39,520 --> 00:42:41,920
Speaker 1: than ever that there is no such thing as balanced

857
00:42:42,480 --> 00:42:44,319
Speaker 1: at all. And as much as I try to turn

858
00:42:44,320 --> 00:42:45,920
Speaker 1: it off, turn it on, turn it off, turning on,

859
00:42:46,000 --> 00:42:49,840
Speaker 1: I'm becoming better at boundaries. But Ultimately, these are just

860
00:42:49,920 --> 00:42:52,880
Speaker 1: things that I am passionate about and I have to

861
00:42:53,000 --> 00:42:56,239
Speaker 1: chase and so whatever time I can create to to

862
00:42:56,400 --> 00:43:00,400
Speaker 1: do it is what we're going to take and what

863
00:43:00,480 --> 00:43:03,200
Speaker 1: we're going to maximize in order to make it come

864
00:43:03,239 --> 00:43:05,719
Speaker 1: to fruition. I like it. Yeah, there's I think there's

865
00:43:05,719 --> 00:43:08,440
Speaker 1: there's different seasons in life, different seasons where we pursue

866
00:43:08,520 --> 00:43:11,759
Speaker 1: things more or or less. But for you it sounds like, yeah,

867
00:43:11,840 --> 00:43:14,440
Speaker 1: maybe that's just around the clock. There's there's this talk

868
00:43:14,520 --> 00:43:16,560
Speaker 1: radio show host I used to listen to growing up, Brandon,

869
00:43:16,560 --> 00:43:19,200
Speaker 1: and he would always say that he turned his personality

870
00:43:19,320 --> 00:43:21,600
Speaker 1: disorder into a full time job that made him a

871
00:43:21,640 --> 00:43:23,880
Speaker 1: lot of money. And it's so funny, like how I

872
00:43:23,880 --> 00:43:25,760
Speaker 1: think I can be the case when you're super passionate

873
00:43:25,760 --> 00:43:28,920
Speaker 1: about something and it doesn't feel like work and you're like,

874
00:43:29,680 --> 00:43:31,880
Speaker 1: but I miss it, like I don't want to stop

875
00:43:31,880 --> 00:43:34,200
Speaker 1: doing it. I think that can sometimes be the best

876
00:43:34,200 --> 00:43:35,960
Speaker 1: of both worlds. Not everybody feels like that, but if

877
00:43:36,000 --> 00:43:37,960
Speaker 1: you do about your day job or about some of

878
00:43:37,960 --> 00:43:40,360
Speaker 1: those side hustles and passions that you participate in, I

879
00:43:40,440 --> 00:43:43,399
Speaker 1: think that can be a recipe for success. Yeah. Yeah,

880
00:43:43,440 --> 00:43:46,320
Speaker 1: And I think you know, for me, I've been extremely

881
00:43:47,440 --> 00:43:55,000
Speaker 1: diligent about separating passion from business. Right, So like everything

882
00:43:55,080 --> 00:43:57,920
Speaker 1: I work in from a business standpoint is something I'm

883
00:43:57,960 --> 00:44:00,600
Speaker 1: passionate about. There's nothing that I'm doing at this point

884
00:44:00,680 --> 00:44:03,319
Speaker 1: that I just don't want to do. I refuse to

885
00:44:03,360 --> 00:44:07,160
Speaker 1: do it. But now the business, like the real estate business,

886
00:44:07,239 --> 00:44:09,200
Speaker 1: has to be a real business. It has to pay

887
00:44:09,239 --> 00:44:12,560
Speaker 1: for itself. There isn't the Bank of Brandon Copeland that's

888
00:44:12,600 --> 00:44:15,640
Speaker 1: going to fund that business. The properties within, the investments

889
00:44:15,760 --> 00:44:17,439
Speaker 1: within it have to fund it. It It has to fund

890
00:44:17,440 --> 00:44:20,200
Speaker 1: the contractors, has to fund everything. Right, we have a

891
00:44:20,200 --> 00:44:24,160
Speaker 1: production company, the same thing happens like like Brandon Copeland.

892
00:44:24,239 --> 00:44:26,600
Speaker 1: The Bank of Brandon can get it started right and

893
00:44:26,640 --> 00:44:29,920
Speaker 1: invest in ourselves because I see an opportunity there. But

894
00:44:30,040 --> 00:44:32,080
Speaker 1: at a certain point, like we all like with our children,

895
00:44:32,120 --> 00:44:34,239
Speaker 1: at a certain point, you gotta grow up. It's a teen,

896
00:44:34,640 --> 00:44:36,520
Speaker 1: you eighteen, you gotta get out the house, buddy. I

897
00:44:36,560 --> 00:44:38,080
Speaker 1: don't know what to tell you, right, Like you're own

898
00:44:38,120 --> 00:44:41,040
Speaker 1: your own right and so for me it's it's I

899
00:44:41,040 --> 00:44:43,480
Speaker 1: guess just for for the audience as well too. It's

900
00:44:43,560 --> 00:44:49,799
Speaker 1: like being comfortable analyzing your passions as you try to

901
00:44:49,840 --> 00:44:52,319
Speaker 1: monetize them, And for me, I'm in a phase now

902
00:44:52,360 --> 00:44:56,160
Speaker 1: where it's, uh, let's cut the fat. What is what

903
00:44:56,400 --> 00:44:58,799
Speaker 1: is worth the time? What is not worth the time?

904
00:44:58,840 --> 00:45:01,200
Speaker 1: Where do we see ourselves years from now? And so

905
00:45:01,360 --> 00:45:06,600
Speaker 1: just always constantly being comfortable, being flexible and and analyzing

906
00:45:06,600 --> 00:45:11,080
Speaker 1: yourself so that you can continue to progress. I think

907
00:45:11,200 --> 00:45:14,799
Speaker 1: is what what we've done a decent job of thus far,

908
00:45:14,840 --> 00:45:17,759
Speaker 1: and we can always do better, So we're excited about continuing.

909
00:45:17,840 --> 00:45:20,600
Speaker 1: For nice, I love that. Yeah, always being willing to

910
00:45:20,600 --> 00:45:22,600
Speaker 1: cut the fat, cutting things from your life. I think

911
00:45:22,640 --> 00:45:25,600
Speaker 1: that's just a great note to end on. Especially, I mean,

912
00:45:25,640 --> 00:45:27,560
Speaker 1: you've got a young family, you've got I know, you've

913
00:45:27,600 --> 00:45:29,919
Speaker 1: got young kids, and at a certain point you gotta

914
00:45:29,960 --> 00:45:33,839
Speaker 1: make some decisions. And when we were single, when we

915
00:45:33,840 --> 00:45:36,400
Speaker 1: were married without kids, when we maybe just had that

916
00:45:36,440 --> 00:45:38,719
Speaker 1: first kid, there are things that we can continue to do.

917
00:45:38,800 --> 00:45:41,200
Speaker 1: But as you progress through life, not only sometimes you

918
00:45:41,239 --> 00:45:43,120
Speaker 1: not want to continue to do those things, but sometimes

919
00:45:43,160 --> 00:45:45,319
Speaker 1: you just can't. Uh. And so I think that's good

920
00:45:45,360 --> 00:45:48,279
Speaker 1: advice regardless of what stage of life that you are in.

921
00:45:48,440 --> 00:45:52,160
Speaker 1: But co working folks learn more about you and what

922
00:45:52,200 --> 00:45:55,360
Speaker 1: it is that you are up to next. Yeah, Brandon

923
00:45:55,360 --> 00:45:58,120
Speaker 1: Copen dot com simply put Brandon copen dot com. You

924
00:45:58,120 --> 00:46:01,279
Speaker 1: can also my social media is Cope fifty one b

925
00:46:01,400 --> 00:46:04,400
Speaker 1: c Ope five one UM. And if you're ever interested

926
00:46:04,440 --> 00:46:08,520
Speaker 1: in financial education courses or free resources or book lists

927
00:46:08,600 --> 00:46:12,840
Speaker 1: or anything like that, life one O one die. I. Oh, awesome, Cope.

928
00:46:12,840 --> 00:46:14,920
Speaker 1: It's been an absolute pleasure. Man, thank you so much

929
00:46:14,960 --> 00:46:17,560
Speaker 1: for coming on the show. I appreciate you guys having me.

930
00:46:17,640 --> 00:46:20,919
Speaker 1: Thank you and thank you Cope for coming on How

931
00:46:20,920 --> 00:46:23,560
Speaker 1: to Money Joel. It's not every day that we get to, uh,

932
00:46:23,680 --> 00:46:26,040
Speaker 1: sit down and talk to a professional athlete, somebody who's

933
00:46:26,080 --> 00:46:29,440
Speaker 1: been in the NFL. What's the what's the sport? Not

934
00:46:29,480 --> 00:46:32,279
Speaker 1: for long? Right? What's Lionel Messi? He's been begging to

935
00:46:32,320 --> 00:46:34,279
Speaker 1: come on, and we're like, listen, dude, pipetown. We got

936
00:46:34,280 --> 00:46:35,520
Speaker 1: other people to get to. We got to talk to

937
00:46:35,520 --> 00:46:38,560
Speaker 1: Cope first, and we'll get you on the content calendar soon. Now,

938
00:46:38,600 --> 00:46:43,359
Speaker 1: this was an awesome conversation and at the simultaneously, I'll

939
00:46:43,400 --> 00:46:44,840
Speaker 1: be honest, I was a little nervous as we were

940
00:46:44,920 --> 00:46:47,560
Speaker 1: leading going into this episode, because it is that you're

941
00:46:47,600 --> 00:46:50,760
Speaker 1: talking to somebody who's essentially kind of a celebrity. But man,

942
00:46:50,920 --> 00:46:54,520
Speaker 1: he quickly put me at ease hearing just his background

943
00:46:54,560 --> 00:46:56,960
Speaker 1: and how it is that he's approaching his personal finances

944
00:46:56,960 --> 00:46:59,400
Speaker 1: and the lessons he learned from his grandfather, all of

945
00:46:59,400 --> 00:47:01,200
Speaker 1: these things that mean, you realize that I've got more

946
00:47:01,239 --> 00:47:05,120
Speaker 1: in common with an NFL player that I realize. But what, Yeah,

947
00:47:05,160 --> 00:47:06,960
Speaker 1: what was your big takeaway? I guess from this episode

948
00:47:06,960 --> 00:47:08,560
Speaker 1: A big takeaway was that you have a lot in

949
00:47:08,560 --> 00:47:11,879
Speaker 1: common with NFL players, was it? Now? I think? Man,

950
00:47:11,920 --> 00:47:14,520
Speaker 1: so many things, honestly, just so much down to earth

951
00:47:14,520 --> 00:47:18,520
Speaker 1: wisdom from Brandon Copeley, which I just massively appreciated. I

952
00:47:18,560 --> 00:47:20,120
Speaker 1: think one thing is stuck out to me was when

953
00:47:20,200 --> 00:47:24,080
Speaker 1: he said he thought of his NFL salary a startup capital,

954
00:47:24,480 --> 00:47:26,719
Speaker 1: and that was good. It just it just made me think,

955
00:47:26,760 --> 00:47:28,839
Speaker 1: one if an NFL player can live on temper cent

956
00:47:28,880 --> 00:47:32,520
Speaker 1: of salary saving given all the pressure surrounding him to

957
00:47:32,600 --> 00:47:34,799
Speaker 1: spend more and live a different lifestyle, like I don't know.

958
00:47:34,840 --> 00:47:36,560
Speaker 1: I think part of the reason we spend more oftentimes

959
00:47:36,600 --> 00:47:39,080
Speaker 1: because the pressure we feel from the outside from the

960
00:47:39,080 --> 00:47:42,000
Speaker 1: people around us and how they're living and branding avoided it.

961
00:47:42,040 --> 00:47:44,279
Speaker 1: And I think, like that's so much of that is

962
00:47:44,560 --> 00:47:46,840
Speaker 1: is self discipline, right in order to do that. But

963
00:47:46,880 --> 00:47:49,200
Speaker 1: when we're talking about that startup capital, what if you

964
00:47:49,200 --> 00:47:51,200
Speaker 1: get like a bonus in your day job, you can

965
00:47:51,200 --> 00:47:53,759
Speaker 1: think of that as startup capital, seed funding for the

966
00:47:53,760 --> 00:47:56,640
Speaker 1: business you want to start, or for an investment account

967
00:47:56,640 --> 00:47:58,239
Speaker 1: that you want to grow to a certain amount, so

968
00:47:58,280 --> 00:48:00,959
Speaker 1: that you have just a ton of flexive ability over

969
00:48:01,080 --> 00:48:03,279
Speaker 1: what the next five years of your life look like. Um.

970
00:48:03,320 --> 00:48:05,680
Speaker 1: I think sometimes we we incorporate that money into our

971
00:48:05,680 --> 00:48:08,320
Speaker 1: lives and we just kind of funnel it into our spending.

972
00:48:08,360 --> 00:48:10,560
Speaker 1: We eat it. Yeah, you know, we consume it and

973
00:48:10,600 --> 00:48:12,560
Speaker 1: it's gone and we don't have anything to show. But

974
00:48:12,640 --> 00:48:14,919
Speaker 1: that's not how he's thinking about it. And those lump

975
00:48:14,920 --> 00:48:17,040
Speaker 1: sums in particular for us, which you know, let's say

976
00:48:17,040 --> 00:48:20,240
Speaker 1: it's even just honestly, your your tax refund in April.

977
00:48:20,600 --> 00:48:22,120
Speaker 1: That is one of those things where you can just

978
00:48:22,160 --> 00:48:25,080
Speaker 1: kind of assimilate it into uh, some sort of big

979
00:48:25,120 --> 00:48:27,000
Speaker 1: spend or you can say, you know what, no, this

980
00:48:27,040 --> 00:48:28,920
Speaker 1: is the seed capital for something bigger for me, for

981
00:48:29,000 --> 00:48:32,440
Speaker 1: my future. And that's the way Cope is thinking like constantly,

982
00:48:32,760 --> 00:48:34,200
Speaker 1: and I think there's a lot to learn from that.

983
00:48:34,239 --> 00:48:36,399
Speaker 1: I think that's that's there's a lot of wisdom in that, Yeah,

984
00:48:36,440 --> 00:48:38,480
Speaker 1: that's right. How can I put these dollars to work?

985
00:48:38,520 --> 00:48:40,720
Speaker 1: Not what can these dollars do to bring me comfort

986
00:48:41,160 --> 00:48:44,920
Speaker 1: and enjoyment? Although, but you know he's spending money on memories,

987
00:48:45,000 --> 00:48:50,440
Speaker 1: whether it's occasionally, whether it's vacacas or birthday parties for kids,

988
00:48:50,480 --> 00:48:53,080
Speaker 1: that kind of thing, And so there's there's simultaneously there's

989
00:48:53,080 --> 00:48:55,799
Speaker 1: a balance to strike where you got to prioritize and

990
00:48:55,840 --> 00:48:58,600
Speaker 1: figure out the why behind your money. He took We didn't,

991
00:48:58,600 --> 00:49:00,399
Speaker 1: We didn't grab onto that, but he was taking about

992
00:49:00,440 --> 00:49:04,120
Speaker 1: first you gotta start with your why. And I'm just like, yes, code, yeah,

993
00:49:04,360 --> 00:49:07,120
Speaker 1: Like I gotta send him our why behind your money episodes? Right,

994
00:49:07,239 --> 00:49:09,600
Speaker 1: but he already knows it. But you do have to

995
00:49:09,640 --> 00:49:12,680
Speaker 1: identify those things so that you aren't living this existence

996
00:49:12,719 --> 00:49:16,000
Speaker 1: that feels like it's devoid of any joy. But most

997
00:49:16,040 --> 00:49:18,239
Speaker 1: often what people are dealing with is spending too much

998
00:49:18,239 --> 00:49:20,399
Speaker 1: of their money. Right, There aren't too many folks out

999
00:49:20,400 --> 00:49:23,960
Speaker 1: there who are uh, sacrificing too much in order to

1000
00:49:24,080 --> 00:49:26,239
Speaker 1: achieve Every once in a while, if you find that person,

1001
00:49:26,320 --> 00:49:28,040
Speaker 1: but there are few and far between. Although I will

1002
00:49:28,040 --> 00:49:30,000
Speaker 1: say I bet out of our listeners there's a hypercentage

1003
00:49:30,040 --> 00:49:33,799
Speaker 1: of folks who do need maybe another craftier equivalent or

1004
00:49:34,040 --> 00:49:37,200
Speaker 1: a craftier equivalent to begin with. But my big takeaway

1005
00:49:37,280 --> 00:49:40,200
Speaker 1: was is like you'd asked about financial advisors and how

1006
00:49:40,239 --> 00:49:41,800
Speaker 1: there's like all those guys out there who might be

1007
00:49:41,840 --> 00:49:45,319
Speaker 1: trying to get their hands on NFL players money. But

1008
00:49:45,440 --> 00:49:48,080
Speaker 1: what Cope was saying is that you have worked so

1009
00:49:48,120 --> 00:49:49,960
Speaker 1: hard to get to this point. You have said no

1010
00:49:50,400 --> 00:49:53,799
Speaker 1: to so many things, whether it's to kick back and

1011
00:49:53,840 --> 00:49:57,120
Speaker 1: watch another TV show, whether it's maybe something you shouldn't

1012
00:49:57,160 --> 00:49:59,319
Speaker 1: be eating because you know that that's going to keep

1013
00:49:59,320 --> 00:50:01,320
Speaker 1: you from achieving the physical fitness that you're trying to.

1014
00:50:01,480 --> 00:50:05,160
Speaker 1: Like all of these sacrifice sleep or sleep. Uh, You've

1015
00:50:05,200 --> 00:50:08,520
Speaker 1: just sacrificed so much all along the way. And to

1016
00:50:08,600 --> 00:50:12,240
Speaker 1: get to that point to start seeing perhaps tens of thousands,

1017
00:50:12,280 --> 00:50:14,400
Speaker 1: hundreds of thousands, even millions of dollars arrive in your

1018
00:50:14,400 --> 00:50:16,839
Speaker 1: bank account and then for you just to check out, well,

1019
00:50:16,840 --> 00:50:19,919
Speaker 1: that's a recipe for disaster. And how instead you said

1020
00:50:19,920 --> 00:50:22,160
Speaker 1: no up to this point. You need to continue to

1021
00:50:22,040 --> 00:50:24,560
Speaker 1: to not necessarily say no, but to maybe be aware

1022
00:50:24,680 --> 00:50:27,400
Speaker 1: as to what is going on with your money. And

1023
00:50:27,400 --> 00:50:29,800
Speaker 1: we've always said that people need at least some education

1024
00:50:29,840 --> 00:50:32,000
Speaker 1: in order to ask the right questions. Right, So it's

1025
00:50:32,000 --> 00:50:33,319
Speaker 1: it's not the worst thing in the world to hire

1026
00:50:33,320 --> 00:50:35,800
Speaker 1: a financial advisor. It might make sense in your situation,

1027
00:50:36,120 --> 00:50:38,120
Speaker 1: but you don't want to just blindly trust someone to

1028
00:50:38,160 --> 00:50:40,399
Speaker 1: hit your You want to know what questions as well.

1029
00:50:40,520 --> 00:50:44,200
Speaker 1: Are you a fiduciary and what what what's your investment strategy?

1030
00:50:44,440 --> 00:50:46,359
Speaker 1: And why should I go with you instead of doing

1031
00:50:46,360 --> 00:50:48,040
Speaker 1: it myself? Like those are all good questions. If you're

1032
00:50:48,040 --> 00:50:49,719
Speaker 1: asking the right questions and you know a thing or

1033
00:50:49,719 --> 00:50:53,279
Speaker 1: two about investing in money management before you go into

1034
00:50:53,360 --> 00:50:55,720
Speaker 1: that relationship, you're much more likely to have a good outcome,

1035
00:50:55,800 --> 00:50:58,359
Speaker 1: That's right. Yeah, nobody cares about your money as much

1036
00:50:58,360 --> 00:51:00,680
Speaker 1: as you do. Like he said, Yeah, I thought that

1037
00:51:00,719 --> 00:51:02,960
Speaker 1: was just great advice because even though there's folks out

1038
00:51:02,960 --> 00:51:05,680
Speaker 1: there and they're not breaking in millions like some NFL

1039
00:51:05,680 --> 00:51:08,480
Speaker 1: players are, you might get that promotion like you're talking about,

1040
00:51:08,600 --> 00:51:10,319
Speaker 1: like maybe you do get a bonus. Maybe you are

1041
00:51:10,360 --> 00:51:13,040
Speaker 1: making more money than you ever thought was possible, and

1042
00:51:13,200 --> 00:51:15,520
Speaker 1: there aren't maybe a number of things that you're just like,

1043
00:51:15,560 --> 00:51:17,080
Speaker 1: you know what, I don't have to worry about that.

1044
00:51:17,280 --> 00:51:19,200
Speaker 1: I've got somebody to take care of that for me.

1045
00:51:19,400 --> 00:51:21,560
Speaker 1: When it comes to your money, we would always recommend

1046
00:51:21,640 --> 00:51:23,480
Speaker 1: that you have a finger on the pulse of your money,

1047
00:51:23,560 --> 00:51:25,719
Speaker 1: that you know what what's going on there about. But yeah,

1048
00:51:25,760 --> 00:51:28,000
Speaker 1: I thought that was great. I also thought this beer

1049
00:51:28,239 --> 00:51:32,399
Speaker 1: was fantastic. Man, You and I enjoyed a fortunatus. This

1050
00:51:32,480 --> 00:51:35,239
Speaker 1: is an American sour ale by three taverns. And what

1051
00:51:35,239 --> 00:51:37,919
Speaker 1: were your thoughts? All right? Man? This one was sweet, funky,

1052
00:51:38,040 --> 00:51:40,440
Speaker 1: okey and tart like it had had a bunch of

1053
00:51:40,440 --> 00:51:43,480
Speaker 1: different elements going on and almost like more oaky than

1054
00:51:43,520 --> 00:51:46,000
Speaker 1: anything else. A lot of oak vibes coming forward on

1055
00:51:46,040 --> 00:51:48,399
Speaker 1: this one. But but yeah, nice touch of funk. I love.

1056
00:51:48,440 --> 00:51:51,520
Speaker 1: And it's always hard to describe funk. Some people describe

1057
00:51:51,520 --> 00:51:54,200
Speaker 1: it as like horse blanket or like There's also some

1058
00:51:54,280 --> 00:51:56,680
Speaker 1: weird ways to describe what a funky beer tastes, like

1059
00:51:56,719 --> 00:51:59,000
Speaker 1: that don't sound appetizing, but then you drink it and

1060
00:51:59,040 --> 00:52:00,960
Speaker 1: you're like, oh I get it, kind of all clicks.

1061
00:52:01,280 --> 00:52:04,759
Speaker 1: I love funky beers. This one UM had like had

1062
00:52:04,800 --> 00:52:07,320
Speaker 1: dialed it up on the funk level, which I appreciate,

1063
00:52:07,360 --> 00:52:09,239
Speaker 1: So I think I thought it was great. They dotted

1064
00:52:09,320 --> 00:52:11,520
Speaker 1: up on the sweetness too. I was curious if if

1065
00:52:11,560 --> 00:52:13,239
Speaker 1: you weren't gonna like this one as much. There's a

1066
00:52:13,239 --> 00:52:15,919
Speaker 1: good amount of sugar. Another adjective I would add would

1067
00:52:15,920 --> 00:52:18,480
Speaker 1: be zestiness, Like I feel like the like you call

1068
00:52:18,520 --> 00:52:20,480
Speaker 1: it tartness, but it's just like to me, it's like zesty.

1069
00:52:20,600 --> 00:52:23,200
Speaker 1: It's like it's like yellow mustard or something, you know,

1070
00:52:23,239 --> 00:52:25,319
Speaker 1: like it's got the sharpness to it. But I feel

1071
00:52:25,360 --> 00:52:27,399
Speaker 1: like it also had a good amount of sweetness, which

1072
00:52:27,440 --> 00:52:30,480
Speaker 1: meant I loved every single drop of this. Could definitely

1073
00:52:30,520 --> 00:52:34,080
Speaker 1: have enjoyed another one. But we are lucky to have

1074
00:52:34,200 --> 00:52:36,720
Speaker 1: this great brewery here in Atlanta. This is three taverns.

1075
00:52:36,840 --> 00:52:39,240
Speaker 1: If you can get your hands on any of their beers,

1076
00:52:39,600 --> 00:52:42,600
Speaker 1: we would highly recommend it. And we would also recommend

1077
00:52:42,640 --> 00:52:44,120
Speaker 1: that you head edward to the website how the Money

1078
00:52:44,160 --> 00:52:45,759
Speaker 1: dot Com and we'll make sure to link to all

1079
00:52:45,760 --> 00:52:49,080
Speaker 1: the different resources some of the different things that Brandon

1080
00:52:49,200 --> 00:52:51,560
Speaker 1: is excited about coming up. We will link to that

1081
00:52:51,680 --> 00:52:54,160
Speaker 1: up in our show notes at how the Money dot Com. Yeah,

1082
00:52:54,160 --> 00:52:56,080
Speaker 1: and if we ever need like a third co host,

1083
00:52:56,200 --> 00:52:57,960
Speaker 1: I don't know, if Cope's not too busy, you can

1084
00:52:58,040 --> 00:53:00,319
Speaker 1: bring them on here more frequently. That was of fun,

1085
00:53:00,360 --> 00:53:03,000
Speaker 1: So alright, buddy, But until next time, best friends out,

1086
00:53:03,000 --> 00:53:04,200
Speaker 1: best friends out