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Speaker 1: Hi. I am Rashan McDonald, a host the weekly Money

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Speaker 1: Making Conversation Masterclass show. The interviews and information that this

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Speaker 1: show provides are for everyone. It's time to stop reading

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Speaker 1: other people's success stories and start living your own. If

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Speaker 1: you want to be a guest on my show, please

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Speaker 1: visit our website, Moneymakingconversations dot com and clip the be

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Speaker 1: a Guest button. Press submit and information will come directly

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Speaker 1: to me. Now let's get this show started. My guest

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Speaker 1: is founder and chief executive officer of Implify, a leading

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Speaker 1: fintech company dedicated to financial education. She is the former

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Speaker 1: Wall Street analyst, Howell University graduate and an expert in

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Speaker 1: our field and financial education. It's a new year, a

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Speaker 1: new White House administration, so it's time to update your

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Speaker 1: financial literacy. Please welcome the Money Making Conversation Masterclass Ashley M. Fox.

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Speaker 2: Thank you for having me. Thank you.

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Speaker 1: Welcome Ashley, thank you, thank you. What do you do?

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Speaker 3: I financially empower the world, showing them that they that

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Speaker 3: they can start with who they are and what they

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Speaker 3: have and effectively build wealth generation at the generation.

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Speaker 1: How is it that defined in your brand? How did

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Speaker 1: you figure that out?

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Speaker 3: So? I always wanted to be in finance cause I

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Speaker 3: liked making money and I liked business. So I went

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Speaker 3: to Howard major in finance, and I wanted to be

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Speaker 3: in the financial.

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Speaker 2: Capital of the world, which was Wall Street.

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Speaker 3: Now, remember I just wanted to make money, so I

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Speaker 3: wanted to be around it, and had four internships laying

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Speaker 3: in my dream job working with ultra high network in

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Speaker 3: individuals on Wall Street, and I got to see the

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Speaker 3: ins and outs of what everybody did with their money.

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Speaker 3: So if you had at least twenty five million dollars,

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Speaker 3: I was in your bank account. And from where they shop, traveled, lived,

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Speaker 3: what they invested in, how they avoided taxes. Like I

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Speaker 3: learned so much. But when I went back home in

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Speaker 3: to Philly, where I'm from, people thought I was rich.

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Speaker 2: And so I'm making a.

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Speaker 3: Good six figures in my twenties. But I'm like, this

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Speaker 3: isn't money what I'm seeing on Wall Street. I want

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Speaker 3: that life and I want the world to have that.

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Speaker 3: And so I learned that to truly build wealth in

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Speaker 3: this country, you have to either create your own idea

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Speaker 3: or invest in somebody else's idea. And I wanted to

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Speaker 3: be able to create my own, and so I left

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Speaker 3: Wall Street and created this word called amplify, which was

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Speaker 3: more really about a feeling because the biggest thing I

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Speaker 3: learned on Wall Street it's not that there's a lack

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Speaker 3: of financial education. There may be a lack of implementation,

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Speaker 3: but there's also a lack of self belief. When you

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Speaker 3: think and know and believe you have the power to

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Speaker 3: create wealth and you deserve wealth, you move a different way.

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Speaker 3: But if you don't come from money, you're not around it.

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Speaker 3: The lack of belief is there. And so I wanted

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Speaker 3: to be able to instill the Wall Street experience, the

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Speaker 3: Wall Street knowledge and bring it to the everyday person,

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Speaker 3: and so create this word called emplify, which is a

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Speaker 3: word in power and modify merge together. Where the goal

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Speaker 3: was to be able to give you those financial tools

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Speaker 3: and resources, give it you in the palm of your hand,

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Speaker 3: so that you're not running from money or afraid to

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Speaker 3: talk about it, you're running towards it. And so left

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Speaker 3: Wall Street creating them five lost Everything got to a

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Speaker 3: point where.

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Speaker 1: Now lost everything explain.

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Speaker 3: Got kicked out my apartment, maxed out credit cards, and

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Speaker 3: slept on my parents' couch for two years. After being

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Speaker 3: evicted from my apartment with the intent to build empathy.

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Speaker 3: And I think when you get to a certain point

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Speaker 3: in life where you see certain things. I could not

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Speaker 3: unsee the money that Wall Street exposed me to. So

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Speaker 3: you couldn't tell me that I couldn't have it, and

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Speaker 3: you couldn't tell me that the world could not obtain it,

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Speaker 3: and I was gonna be the woman.

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Speaker 2: To be able to give it to the world.

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Speaker 3: Went on to create financial education programs in school systems

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Speaker 3: and prison systems because I felt like prison systems, yeah,

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Speaker 3: one of the things. So prior to after leaving Wall Street,

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Speaker 3: I was a financial advisor, so I was targeting load

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Speaker 3: of moderate income individuals but giving them the tools and

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Speaker 3: resources Wall Street gave to its rich clients. Got to

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Speaker 3: a point where I felt like I was dealing with

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Speaker 3: a lot of mentally and financially broken adults, and it's like,

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Speaker 3: how can we prevent that from happening? Because you shouldn't

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Speaker 3: learn about money once you get it. You should learn

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Speaker 3: about it before you even get to that space in life.

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Speaker 3: And so he wanted to go into the school system,

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Speaker 3: and so I went into the school system, was teaching schools,

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Speaker 3: had contracts with school districts, and then the prison system

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Speaker 3: reached out to me, and so that was never the

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Speaker 3: I was n I think the big overarching goal was

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Speaker 3: a target at ninety nine percent. I think I stopped

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Speaker 3: worrying about how I was gonna do it and just

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Speaker 3: knew the impact was going to be felt when when

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Speaker 3: the right opportunities came to the prison system. So at

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Speaker 3: the time they were there were a lot of children

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Speaker 3: or miners incarcerated at Rikers, and they created that law

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Speaker 3: that now says adults and children cannot be housed in

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Speaker 3: prison together. And so they took all those children who

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Speaker 3: were under eighteen from Rikers and we've taught them financial education.

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Speaker 3: So literally every single week I was in a prison

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Speaker 3: system teaching kids from Rikers how to build wealth, which.

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Speaker 1: Was Now, when you say underserved community, who are you

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Speaker 1: talking about to me?

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Speaker 3: When I say that, I mean the individuals that could

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Speaker 3: not walk to the twenty seventh floor that big bank

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Speaker 3: that I worked at because they did not have twenty

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Speaker 3: five million dollars. The people who didn't have the financial

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Speaker 3: education and resources may not have come from money but

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Speaker 3: deserved to have it, just don't know how to make

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Speaker 3: financially educated decisions.

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Speaker 1: Now you say twenty dollars. Absolutely, twenty dollars.

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Speaker 2: We could go to ten.

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Speaker 1: Talk to us because my audience is listening.

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Speaker 3: So when you think about investing, when it comes to

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Speaker 3: investing in your own idea of somebody else's idea, one,

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Speaker 3: don't let the internet fool you. You don't have to

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Speaker 3: have a business to build wealth. Right now, you can

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Speaker 3: invest in somebody else's business. And one of the easiest

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Speaker 3: ways to do that, where you don't need a lot

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Speaker 3: of money to start, you don't need to be an

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Speaker 3: expert in finance, is to buy a stock. And I

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Speaker 3: think back when I was on Wall Street back in

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Speaker 3: like twenty ten, the.

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Speaker 2: Game was different.

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Speaker 3: Now it is a lot easier, it's a lot more accessible,

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Speaker 3: and you have the Internet now, and so you can

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Speaker 3: open broken accounts. It's the account that you need to

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Speaker 3: buy a stock with less than twenty dollars. I always

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Speaker 3: tell people just start with twenty dollars because you can

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Speaker 3: buy pieces of company. So the way I think of

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Speaker 3: a stock is like a box of pizza. The company

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Speaker 3: is the whole pie, but each slice is a piece

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Speaker 3: of that company. When you go and buy a stock,

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Speaker 3: you're buying that slice. Every slice has a price Now,

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Speaker 3: let's just say the price is one hundred dollars, but

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Speaker 3: you don't have one hundred dollars. You might only have fifty.

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Speaker 3: You can get a half of that slice. You still

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Speaker 3: own a piece of that company. You still have that slice.

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Speaker 3: And if the value of that slice goes up, down,

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Speaker 3: or however moves, so does your net worth attached to it.

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Speaker 2: And so the.

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Speaker 3: Biggest thing I tell people is that you don't have

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Speaker 3: to have a lot of money to start.

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Speaker 2: You just have to have the will to begin.

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Speaker 3: Because investing is not just something that you are, something

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Speaker 3: that you do. It's one thing you become. And you

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Speaker 3: gotta be consistent. Because if I told you now, I'd

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Speaker 3: give you twenty dollars every single month for.

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Speaker 2: The rest of your life, would you take it?

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Speaker 3: Yeah?

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Speaker 2: Why would you take it?

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Speaker 1: Right? It's not a lot of money, but I feel

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Speaker 1: that it's money.

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Speaker 3: Right, So that's how we got to think about it.

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Speaker 3: So a whole lot of twenty dollars can get you

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Speaker 3: to a million as long as.

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Speaker 2: You don't stop.

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Speaker 1: Right, let's talk about this. I'm speaking to Ashley M. Fox,

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Speaker 1: founder of Amplifier. Ashley, before we go any further, how

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Speaker 1: do we reach out to you, so you.

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Speaker 2: Can email me infow at implify dot com.

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Speaker 3: Our website is wwwmpify dot com empify dot com and

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Speaker 3: I'm all across all social media platforms on Instagram, Underscore,

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Speaker 3: Ashley and Fox, TikTok, I am the Ashley m Fox

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Speaker 3: LinkedIn YouTube, Ashley and Fox as well.

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Speaker 1: Okay, I've been intervying you a lot, and if I

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Speaker 1: always walked away educated because you had it you being

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Speaker 1: in HBCU graduate Howard Yes, the Big Age, Yes went

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Speaker 1: to Wall Street. Talk about that moment when you went,

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Speaker 1: this is not me.

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Speaker 2: Okay, I remember it.

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Speaker 3: There was a day, well eight months into my job,

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Speaker 3: I was a bit uneasy. I didn't have the desire

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Speaker 3: to be great. I didn't have the desire to stay late,

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Speaker 3: and I'm wired to strive for excellence. I did everything

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Speaker 3: I could. Four internships at I were graduated when honors.

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Speaker 3: I had to be the best of anything.

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Speaker 2: That I did.

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Speaker 3: But I didn't want to be the best on Wall Street,

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Speaker 3: and so I thought something was wrong with me. But

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Speaker 3: I got more joy out of studying our clients and

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Speaker 3: learning how they built their wealth versus watching them sustain

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Speaker 3: it and helping them stay rich. And I actually always

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Speaker 3: want to be a teacher, though, but I did not

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Speaker 3: associate education with money, and so I chose the money

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Speaker 3: route personally. But I remember this one time, a really

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Speaker 3: good friend of mine told me to go to so

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Speaker 3: I worked at the head quarters of a company on

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Speaker 3: Overlooking Park Avenue, and so I sat on the twenty

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Speaker 3: seventh floor. He's like, look outside and look at all

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Speaker 3: the people. How do you feel? And I was like,

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Speaker 3: I feel trapped, right, And he was just like, okay,

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Speaker 3: I want you to close your eyes and envision its

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Speaker 3: building is empty and it's all yours. How do you feel?

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Speaker 3: And I was like, I feel on top of the world.

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Speaker 3: And in that moment, I couldn't tell you why I

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Speaker 3: felt trapped. And in that moment, when that building was mine,

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Speaker 3: I felt like I could do anything. And that just

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Speaker 3: did something to me. So I think that exact same

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Speaker 3: exercise with one of my colleagues. I'm like, look out

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Speaker 3: the window. How do you feel. He's like I feel fine?

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Speaker 3: And I'm like, no, no, no, how do you feel?

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Speaker 3: He's like I feel regular? And that's when I knew

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Speaker 3: I was different. That's when I knew I wasn't the

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Speaker 3: woman helping wealthy people stay wealthy. I was that wealthy

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Speaker 3: client that belonged in that building. But I also knew

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Speaker 3: that I could create that life for myself by showing

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Speaker 3: others how they could do the same.

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Speaker 1: But you've done that, Now how are you reaching people?

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Speaker 1: I know you have the social website, but how do

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Speaker 1: you reach your clients?

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Speaker 3: The biggest way right now, considering this day and age,

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Speaker 3: is digital marketing when it comes to maximize on all

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Speaker 3: social media platforms. I think the big this thing for

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Speaker 3: me is just being normal, meeting people where they are.

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Speaker 3: I don't have to have a suit, I don't have

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Speaker 3: to be on Wall Street. It's meeting people where they

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Speaker 3: are with what they have. So where are our customers.

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Speaker 3: Our customers aren't walking into a Wall Street bank, They're

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Speaker 3: on social media, they're watching television.

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Speaker 2: How can I meet them where they are?

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Speaker 3: And we have our Welfareess community membership platform who are

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Speaker 3: now adults on their phone can learn financial education and

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Speaker 3: be anywhere in the world, will be amongst thousands of

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Speaker 3: people doing the exact same thing. And so I would

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Speaker 3: say the biggest, biggest and most impact for us is

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Speaker 3: maximizing social media because one of the biggest things I

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Speaker 3: always tell people, you never know who's watching. I've gone

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Speaker 3: on national television because a company slid in my dms

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Speaker 3: on LinkedIn, or on TikTok or on Instagram. And so

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Speaker 3: if for me, it's like, how do I tell our story?

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Speaker 3: How do I live my normal life? How do I

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Speaker 3: show you my ups my downs? Bring you along this journey,

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Speaker 3: but give you the most education that you can receive

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Speaker 3: that the school system forgot.

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Speaker 2: They give you.

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Speaker 1: Your brand is Ashley M. Fox. Yes, three numbers, seven

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Speaker 1: point four million, Yes, three thousand, Yes, accounts twenty five

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Speaker 1: for countries. Wow, those are milestones.

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Speaker 2: Yes, absolutely you And how were you university to graduate? Yes?

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Speaker 1: Your job was to work on Wall Street. Tell us

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Speaker 1: about that journey to what I just said?

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Speaker 2: Woof okay, okay.

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Speaker 3: So we got to the point where I got kicked out,

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Speaker 3: We got to the point where where we were teaching schools.

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Speaker 3: We got to the point where in prison systems. It

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Speaker 3: got to a point where so many people were reaching

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Speaker 3: out to us that I couldn't scale. I turned into

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Speaker 3: an individual who built a company that was hiring and

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Speaker 3: firing people, not massively distributing financial education. And in that moment,

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Speaker 3: I realized I needed technology now. At that point. I

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Speaker 3: had no idea what that was. I just knew how

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Speaker 3: could I take financial education? And I want to give

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Speaker 3: people in person and give that same dynamic experience through

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Speaker 3: technology to scale it. And so in twenty twenty, when

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Speaker 3: COVID hit, schools didn't know how to operate, and so

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Speaker 3: the beauty of that was, at that point, we were

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Speaker 3: only teaching children, okay, and adults were like, hey what

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Speaker 3: about us? And I didn't want to be a financial

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Speaker 3: advisor because I can only talk to so many people

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Speaker 3: as your advisor, So how can I massively reach children?

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Speaker 3: How can I massively reach adults With the financial education

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Speaker 3: and resources they're asking for.

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Speaker 2: I just gotta figure out how to give it to them.

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Speaker 3: And so when COVID hit, the beauty of it was

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Speaker 3: we could not go into schools anymore cause they didn't

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Speaker 3: even know how to operate. And so that's when we

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Speaker 3: launched our membership based platform, the Well for this community,

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Speaker 3: which we like to call like the Netflix of finance,

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Speaker 3: where you have access to over three hundred hours of

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Speaker 3: of classes, tools, resources. We have events in person digital

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Speaker 3: events where you're learning how to build wealth, whether it's

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Speaker 3: from buying your first stock to building your estate planning,

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Speaker 3: to properly pass down your wealth plan for retirement, invest

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Speaker 3: for your children. And so literally, with those numbers you

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Speaker 3: were stating, our members have opened over three thousand accounts.

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Speaker 3: So we're talking about first time investors who might not

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Speaker 3: who might not have even had twenty dollars, but figured

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Speaker 3: out how to start with at least five dollars to

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Speaker 3: get their account open and to buy their first stock.

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Speaker 3: And collectively our members have invested over seven point four

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Speaker 3: million dollars. And this is like, if you to this

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Speaker 3: out of today, you want to invest for with one

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Speaker 3: hundred dollars, we track that number you submitted it. We

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Speaker 3: have this race. We're on a race to now ten million.

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Speaker 3: My goal for twenty twenty five is a race to

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Speaker 3: twenty million.

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Speaker 1: So okay, okay, let's get in this race. Now, get

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Speaker 1: me in this race. Talk to me.

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Speaker 3: You now you well one, this is exclusive to the

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Speaker 3: wealth biteressed community. So you gotta get in. And when

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Speaker 3: you're in, you got to commit to investing. There is

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Speaker 3: no pressure on how much, There is no pressure on

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Speaker 3: what you buy. It is I need to know you

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Speaker 3: process that transaction and you investing in somebody else's company

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Speaker 3: with the intent to build your wealth for you and

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Speaker 3: your family. And we have an infrastructure in place that

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Speaker 3: calculates and all of the investments that our members doing.

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Speaker 3: Right now, we're at seven point four million, but I

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Speaker 3: believe we can get to twenty million this year. And

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Speaker 3: so the more people we impact, the more education we

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Speaker 3: give them, the more comfortable they are with investing for themselves.

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Speaker 2: We're able to get that done.

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Speaker 1: My daughter when she hears you, she's a fan. And

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Speaker 1: because you simplify things, because you impa five thids.

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Speaker 2: Yes, okay, there you go.

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Speaker 1: Educating families. How do you do that?

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Speaker 3: There's always one wealth builder in the family there. You

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Speaker 3: gotta find that one. And it's not not everybody is

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Speaker 3: always ready. Everybody wants money, but not everybody's ready to

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Speaker 3: become the person they need to become to prioritize themselves

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Speaker 3: and wealth for their family. Because it's so much bigger

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Speaker 3: than how much money you make. It's so much bigger

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Speaker 3: than your past, so much bigger than your credit score,

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Speaker 3: so much bigger than a president in the United States.

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Speaker 3: It has to be something inside of you. So you

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Speaker 3: gotta find that one person in the family that says,

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Speaker 3: nobody but me is gonna lead the charge for my family,

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Speaker 3: and I'm gonna do it whether they're on board or not.

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Speaker 3: And so for me, that was me and my family

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Speaker 3: when my my family didn't buy stocks, so I opened

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Speaker 3: all their brother's accounts, I funded all their accounts, I

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Speaker 3: got all the life insurance policies. But now we're in

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Speaker 3: a space where they're doing it themselves. Now they're in

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Speaker 3: a space where they're trusting themselves to be able to

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Speaker 3: do it, and that's important. So it's one you have

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Speaker 3: to set the tone for yourself and shine that light

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Speaker 3: on you first, because at some point that light will

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Speaker 3: shine on your family.

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Speaker 2: They'll either follow sup, but they're always watching.

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Speaker 3: And as long as you commit to something more than

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Speaker 3: just your personal gain, because it has to be bigger

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Speaker 3: than you, Especially for parents, it's like you might not

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Speaker 3: have had it when they were growing up, or you

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Speaker 3: might not have had it growing up. But what about today,

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Speaker 3: What if we can twenty dollars our way so that

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Speaker 3: our kids don't have to take our student loans the

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Speaker 3: way we did. What if we can twenty dollars our

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Speaker 3: way to ensure that our kids are set for retirement

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Speaker 3: because we may not have been set for retirement and

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Speaker 3: so it has to be something.

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Speaker 2: So much bigger than you.

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Speaker 3: And then once your family sees what you're committed to

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Speaker 3: and they see your growth, they will begin to follow suit.

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Speaker 3: Now it might take long, you might not get every

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Speaker 3: family member, but you cannot say that you did not

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Speaker 3: do the best that you can for the people that

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Speaker 3: you love without having to rely on anybody else, or

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Speaker 3: any infrastructure or any system.

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Speaker 2: Just a person in the mirror.

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Speaker 1: Are you, Ashley, in fact, part of a movement?

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Speaker 2: That is a great question.

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Speaker 1: HM.

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Speaker 2: My first thought was, amplify is the movement? It just

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Speaker 2: has My.

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Speaker 1: DNA and financial livers say, seems trendy. I see a

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Speaker 1: lot of people out there. I won't say no names,

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Speaker 1: I won't say they're frauds, but I don't like what

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Speaker 1: they're doing because I know it's not right in the

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Speaker 1: way they apply it, like it's a YouTube setup. How

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Speaker 1: do you separate yourself from I want to say competition.

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Speaker 3: One of the biggest thing I do I don't do

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Speaker 3: is bash other people. That's the first that's my first standard.

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Speaker 3: Because I remember when I was on Wall Street, when

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Speaker 3: I bought my first stock in twenty eleven, twenty twelve,

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Speaker 3: there was no financial educational Internet. I have my Wall

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Speaker 3: Street and the everyday person did not have it. It

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Speaker 3: was not in your school system. You weren't talking about

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Speaker 3: the dinner table. So one of the beautiful things about

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Speaker 3: the Internet is that at least there is a conversation

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Speaker 3: about something our community has never talked about. That's the

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Speaker 3: first thing. So I applaud anybody who makes an attempt

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Speaker 3: right now. One of the biggest things that I think

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Speaker 3: I do, and an advantage I might have, is I come.

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Speaker 2: From a Wall Street background.

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Speaker 3: Yes, so I knew finance and was doing finance before

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Speaker 3: the Internet became a thing. The Internet just became an

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Speaker 3: outlet for me to release what was already inside of

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Speaker 3: my heart. And so my story never changed from the

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Speaker 3: day I started posting on Instagram to the day I

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Speaker 3: left Wall Street.

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Speaker 2: My mission has never changed.

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Speaker 3: I've gone through things in life, I've evolved as a woman,

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Speaker 3: but the core focus was always dedicated to the people

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Speaker 3: that I did not see come into that building when

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Speaker 3: I worked on Wall Street. And so I think one

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Speaker 3: of the biggest differentiators is one I never did this

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Speaker 3: for money, mm, because if I wanted money, I would

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Speaker 3: have stayed on Wall Street. Like if I'm if like

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Speaker 3: I went through a lot to even try to figure

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Speaker 3: out how to teach a child how to buy a

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Speaker 3: stock when people were not paying emplify anything. And so

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Speaker 3: I think one the authenticity around the purpose where it's

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Speaker 3: not driven by money but driven by the how.

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Speaker 2: To show the world how to build that wealth.

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Speaker 3: MM people can feel that, and I run my entire

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Speaker 3: company like that. And so when we think of Empify,

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Speaker 3: and if you look at our logo, it's it's it's

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Speaker 3: a transformation into the colored green. Green doesn't represent money,

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Speaker 3: it represents the heart chakra. So everything we lead with

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Speaker 3: is from all Because if you love the person in

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Speaker 3: the mirror, you can build any type of wealth that

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Speaker 3: you need. But if you don't believe in a person

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Speaker 3: in the mirror, it's now empathized job to believe in you.

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Speaker 3: And because I've seen what was possible and you might

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Speaker 3: not have, you got to borrow my belief. But if

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Speaker 3: I don't love you for who you are to take

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Speaker 3: you where you need to go, it doesn't work. And

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Speaker 3: I think that is what people can feel.

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Speaker 4: Please don't go anywhere. We'll be right back with more

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Speaker 4: money making conversations masterclass. Welcome back to the money Making

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Speaker 4: Conversations Masterclass hosted by Rashaan McDonald. Money Making Conversations Masterclass

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Speaker 4: continues online at Moneymakingconversations dot com and follow money Making

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Speaker 4: Conversations Masterclass on Facebook, Twitter, and Instagram.

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Speaker 1: Ashley, I go to your social media, you are fire taking,

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Speaker 1: I see finance, I see fashion. Is that intentional?

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Speaker 2: Absolutely?

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Speaker 3: When I went to Howard, one of the best there's

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Speaker 3: things I loved about Howard is that you had to

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Speaker 3: wear a black and blue suit to business orientation twice

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Speaker 3: a week. Yes, I learned how to eat, I learned

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Speaker 3: how to dress. I had the ugly stockings, I had

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Speaker 3: to shoes. I had all of that to prepare me

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Speaker 3: to be on Wall Street. And I don't I couldn't

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Speaker 3: say that it was fully who I was, And I

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Speaker 3: can't say that that always resonates with the people that

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Speaker 3: I serve. And so the day that I left Wall Street,

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Speaker 3: I told myself, I will never go wear stockings. I

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Speaker 3: would not force myself to wear a black or blue suit.

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Speaker 3: I was going to create and feel that Ashley I

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Speaker 3: wanted to be and show the world wealth doesn't have

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Speaker 3: a color. Therefore it looks like Ashton Marie Fox, and

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Speaker 3: so I am intentional about what I wear, how I look,

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Speaker 3: because if I wore a suit, if I look like

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Speaker 3: I'm on Wall Street, you would judge me, Yes, you

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Speaker 3: would you You would have a preconcy perception.

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Speaker 2: You might be a little intimidated.

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Speaker 3: But no matter what I look like, the moment I

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Speaker 3: open my mouth, it sounds like I worked on Wall Street.

440
00:18:56,600 --> 00:18:58,840
Speaker 3: It sounds like that I have education, And so for me,

441
00:18:58,960 --> 00:19:01,119
Speaker 3: I want to be Ashley and I wanna connect with

442
00:19:01,160 --> 00:19:04,280
Speaker 3: the people that from a normal place. I don't want

443
00:19:04,320 --> 00:19:06,880
Speaker 3: to be black and blue suit trench coach like Wall

444
00:19:06,920 --> 00:19:09,880
Speaker 3: Street has a look and it it works well. But

445
00:19:09,880 --> 00:19:11,760
Speaker 3: for the audience, I want to serve who who hasn't

446
00:19:11,760 --> 00:19:13,719
Speaker 3: had the opportunity to be in that building. What if

447
00:19:13,760 --> 00:19:15,679
Speaker 3: I built my own building and we looked we all

448
00:19:15,720 --> 00:19:18,400
Speaker 3: looked a different way, and it didn't have a uniform

449
00:19:18,480 --> 00:19:20,120
Speaker 3: and had a level of excellence based off of who

450
00:19:20,160 --> 00:19:21,600
Speaker 3: you were and what you wanted to do.

451
00:19:21,760 --> 00:19:23,040
Speaker 2: And this is just who actually is.

452
00:19:23,240 --> 00:19:28,520
Speaker 1: That's all Ashley Financial literacy, social media engagement. Are you

453
00:19:28,600 --> 00:19:30,080
Speaker 1: shocked how people react to you?

454
00:19:30,960 --> 00:19:33,560
Speaker 3: In the beginning, I was if I'm if I'm being

455
00:19:33,640 --> 00:19:35,840
Speaker 3: really honest? The reason I went the reason I went

456
00:19:35,880 --> 00:19:39,040
Speaker 3: to therapy is I was asked to be on Fox News.

457
00:19:39,040 --> 00:19:42,600
Speaker 3: This was like twenty seventeen and no, no, even before that,

458
00:19:42,640 --> 00:19:45,000
Speaker 3: I was featured on Jim Kramer's The Street in twenty fourteen.

459
00:19:45,280 --> 00:19:46,800
Speaker 3: That was the first time I had makeup. I was

460
00:19:46,840 --> 00:19:48,320
Speaker 3: in a green room and I was I didn't really

461
00:19:48,320 --> 00:19:49,720
Speaker 3: sign out to be famous. And I was also on

462
00:19:49,720 --> 00:19:51,600
Speaker 3: the version and kicked out my apartment. So I felt like,

463
00:19:51,600 --> 00:19:53,400
Speaker 3: who am Midasa? The world about money and I don't

464
00:19:53,400 --> 00:19:56,360
Speaker 3: even have it. But when I started going on TV

465
00:19:56,359 --> 00:20:00,520
Speaker 3: and people started to reach out, I liked what I saw. Uh,

466
00:20:00,560 --> 00:20:01,840
Speaker 3: you know how you look at yourself on camera, you

467
00:20:01,880 --> 00:20:03,639
Speaker 3: tryn to find what's wrong with you, Like there was

468
00:20:03,680 --> 00:20:06,120
Speaker 3: nothing wrong. I did great, but I couldn't handle it.

469
00:20:06,720 --> 00:20:09,000
Speaker 3: And so I remember a mentor of mine telling me,

470
00:20:09,240 --> 00:20:10,960
Speaker 3: it's selfish of you to how who you are from

471
00:20:10,960 --> 00:20:13,240
Speaker 3: the world, knowing what you know. And in that moment,

472
00:20:13,240 --> 00:20:15,720
Speaker 3: it was kind of like, however, Astuley and her energy

473
00:20:15,760 --> 00:20:19,000
Speaker 3: and whoever she is, and it's becoming that needs to

474
00:20:19,040 --> 00:20:22,240
Speaker 3: be seen because when I think about just a a

475
00:20:22,280 --> 00:20:26,320
Speaker 3: black person in finance, with the education, with the intellect,

476
00:20:26,359 --> 00:20:29,680
Speaker 3: with the credentials, we don't always have that and it's

477
00:20:29,760 --> 00:20:32,199
Speaker 3: like they might exist, but they might not be allowed

478
00:20:32,240 --> 00:20:33,960
Speaker 3: to be public the way I am because we were

479
00:20:34,080 --> 00:20:34,480
Speaker 3: for a bank.

480
00:20:34,560 --> 00:20:36,040
Speaker 2: You can't really do a lot of those things.

481
00:20:36,480 --> 00:20:39,680
Speaker 3: And so it was really important for me to accept

482
00:20:39,720 --> 00:20:42,880
Speaker 3: who I was and know that my purpose in life

483
00:20:43,000 --> 00:20:44,800
Speaker 3: was not for what I wanted, but what I felt like.

484
00:20:44,800 --> 00:20:45,920
Speaker 2: The world deserved to have.

485
00:20:46,840 --> 00:20:49,600
Speaker 3: And then as time progressed, it was kind of like, Okay,

486
00:20:49,640 --> 00:20:52,439
Speaker 3: maybe you're kind of good at this, right because I

487
00:20:52,480 --> 00:20:54,520
Speaker 3: never really did it for the money, and I I

488
00:20:54,520 --> 00:20:56,640
Speaker 3: also didn't know what came with the world knowing who

489
00:20:56,680 --> 00:20:58,359
Speaker 3: I was. M. I thought it just came with the

490
00:20:58,359 --> 00:20:59,960
Speaker 3: world having what was inside my brain.

491
00:21:00,240 --> 00:21:00,359
Speaker 4: MM.

492
00:21:00,840 --> 00:21:02,359
Speaker 2: And I think it's a culmination of both.

493
00:21:02,680 --> 00:21:05,720
Speaker 3: And I think we do the Black community specifically, a

494
00:21:05,720 --> 00:21:08,920
Speaker 3: disservice by hiding who we are because there's not enough

495
00:21:08,960 --> 00:21:13,359
Speaker 3: of the excellence dominating our time lines or dominating the world.

496
00:21:13,800 --> 00:21:16,680
Speaker 3: And sometimes I feel like I have to compete with America.

497
00:21:16,960 --> 00:21:18,840
Speaker 3: I have to compete because the news is not going

498
00:21:18,840 --> 00:21:21,000
Speaker 3: to promote all positive things. That's not how they make

499
00:21:21,040 --> 00:21:23,760
Speaker 3: their money, and I respect it. So if I gotta

500
00:21:23,760 --> 00:21:28,000
Speaker 3: compete with your timeline our natural desire for negativity, because

501
00:21:28,000 --> 00:21:30,000
Speaker 3: that's what we're drawn to, that's what we sell. M

502
00:21:30,000 --> 00:21:31,919
Speaker 3: How can I just give you something that gives you

503
00:21:31,960 --> 00:21:33,480
Speaker 3: the joy that I need you to feel, and the

504
00:21:33,600 --> 00:21:36,360
Speaker 3: education and I need you to receive and constantly embedded

505
00:21:36,359 --> 00:21:38,520
Speaker 3: in your mind so that I'm conditioning you the same

506
00:21:38,560 --> 00:21:41,719
Speaker 3: way the Internet conditions your mind. And when I started

507
00:21:41,720 --> 00:21:44,280
Speaker 3: to understand the importance of that and the reframing and

508
00:21:44,320 --> 00:21:46,919
Speaker 3: the unlearning we have to have when it comes to

509
00:21:47,000 --> 00:21:50,040
Speaker 3: ref redefining what wealth is, I made that my duty.

510
00:21:50,080 --> 00:21:52,680
Speaker 3: And so I think in the beginning, no, that wasn't

511
00:21:52,880 --> 00:21:55,960
Speaker 3: the goal, and I didn't really care. But as I

512
00:21:56,000 --> 00:21:57,719
Speaker 3: started to evolve, it kind of was just like, who

513
00:21:57,800 --> 00:22:00,439
Speaker 3: but Ashley Fox is going to do this? And I

514
00:22:00,520 --> 00:22:02,560
Speaker 3: just that just became my purpose, my life's purpose.

515
00:22:02,680 --> 00:22:07,200
Speaker 1: Okay, mm compound interests account? Is that a safe way

516
00:22:07,240 --> 00:22:08,200
Speaker 1: to start a stock?

517
00:22:08,960 --> 00:22:10,000
Speaker 2: I don't think it's a this or that.

518
00:22:10,040 --> 00:22:12,600
Speaker 3: I think it's this and that, right, So I don't

519
00:22:12,720 --> 00:22:15,360
Speaker 3: I think the world tells you you get a job,

520
00:22:15,480 --> 00:22:17,280
Speaker 3: you go to school, you get the job to pay No,

521
00:22:17,320 --> 00:22:18,879
Speaker 3: you go to school, get the job, you go you

522
00:22:19,040 --> 00:22:21,560
Speaker 3: get the job to pay for school back, buy a

523
00:22:21,640 --> 00:22:24,280
Speaker 3: house and you're good, right, And I think we all

524
00:22:24,320 --> 00:22:27,440
Speaker 3: know people who make good money. Well that's not the

525
00:22:27,520 --> 00:22:29,520
Speaker 3: American way, be cause that's not a bankan SYSM makes money.

526
00:22:29,520 --> 00:22:33,480
Speaker 3: But yes, but if we talking about the actual banking system,

527
00:22:33,560 --> 00:22:35,280
Speaker 3: you buy that house, you take out that credit card,

528
00:22:35,320 --> 00:22:38,479
Speaker 3: like the bangan sism thrives off a debt. So if

529
00:22:38,480 --> 00:22:40,919
Speaker 3: we go the American way, which is fine, I just

530
00:22:40,960 --> 00:22:44,080
Speaker 3: think that's that's not we can't stop there, right. I'm

531
00:22:44,080 --> 00:22:45,880
Speaker 3: not telling you to quit your job, but I am

532
00:22:45,920 --> 00:22:47,840
Speaker 3: telling you to create wealth. I'm not telling you not

533
00:22:47,840 --> 00:22:49,159
Speaker 3: buy your house, but I do want you to know

534
00:22:49,160 --> 00:22:50,639
Speaker 3: that America makes a whole lot of money every time

535
00:22:50,720 --> 00:22:52,080
Speaker 3: you pay that mortgage, and they make a lot more

536
00:22:52,080 --> 00:22:54,320
Speaker 3: money off of you in that house. You're paying that mortgage,

537
00:22:54,320 --> 00:22:56,360
Speaker 3: but you got Undertand how the game is played.

538
00:22:56,400 --> 00:22:57,439
Speaker 2: What happens after that?

539
00:22:58,040 --> 00:23:01,240
Speaker 3: What if we save and you ud utilize savings accounts

540
00:23:01,240 --> 00:23:03,560
Speaker 3: because I have a savings account for my short term needs,

541
00:23:03,720 --> 00:23:05,639
Speaker 3: but not for my long term GA gain like my

542
00:23:05,640 --> 00:23:09,719
Speaker 3: long term game plan. So yes, you can save and invest.

543
00:23:10,240 --> 00:23:13,480
Speaker 3: Yes you can invest and pay down debt. So you're

544
00:23:13,520 --> 00:23:15,120
Speaker 3: not a bad person with debt. You're not a bad person.

545
00:23:15,160 --> 00:23:16,439
Speaker 3: If you only save, you're not a bad person. If

546
00:23:16,440 --> 00:23:18,879
Speaker 3: you don't save, but you cannot expect to have the

547
00:23:18,920 --> 00:23:22,560
Speaker 3: financial ease, the financial clarity, and the freedom you want

548
00:23:22,600 --> 00:23:25,000
Speaker 3: mentally and financially if all you're gonna do is you

549
00:23:25,040 --> 00:23:26,960
Speaker 3: to saving the account because you cannot save your weight

550
00:23:26,960 --> 00:23:28,080
Speaker 3: to wealth and you can't work your way there. And

551
00:23:28,119 --> 00:23:30,320
Speaker 3: please show me somebody who has done that, cause I

552
00:23:30,320 --> 00:23:32,040
Speaker 3: would love to talk to them. But when I was

553
00:23:32,080 --> 00:23:34,760
Speaker 3: on Wall Street, if our clients only had money in

554
00:23:34,760 --> 00:23:36,960
Speaker 3: a savings account, it was our job to tell them

555
00:23:36,960 --> 00:23:39,040
Speaker 3: how to put it to work because it's something called inflation.

556
00:23:39,160 --> 00:23:40,520
Speaker 3: You can't sit and talk to somebody with a hundred

557
00:23:40,560 --> 00:23:43,440
Speaker 3: million dollars and inflation is three percent, and they they're

558
00:23:43,440 --> 00:23:46,000
Speaker 3: gonna lose money just by sitting there. So instead of

559
00:23:46,000 --> 00:23:49,960
Speaker 3: me having a hundred million and losing thirty million on

560
00:23:50,080 --> 00:23:54,080
Speaker 3: my money, I'm thinking, I'm thinking not thirty million, but

561
00:23:54,119 --> 00:23:56,879
Speaker 3: you get y yeah, yeah, you get the math. Me

562
00:23:57,080 --> 00:24:00,560
Speaker 3: thinking what if I had a hundred dollars and I'm

563
00:24:00,600 --> 00:24:03,240
Speaker 3: losing my three percent? While it might not seem like

564
00:24:03,280 --> 00:24:05,959
Speaker 3: a lot, I gotta wire my mind, like I'm like,

565
00:24:06,000 --> 00:24:08,520
Speaker 3: I'm that one hundred million dollar person. And so I

566
00:24:08,600 --> 00:24:10,760
Speaker 3: used to like train my mind to like they started

567
00:24:10,760 --> 00:24:12,359
Speaker 3: with one hundred million. I bought my first stop with

568
00:24:12,400 --> 00:24:14,639
Speaker 3: one hundred dollars and I'm just gonna do it a

569
00:24:14,800 --> 00:24:17,159
Speaker 3: in a small way and grow over time. But I

570
00:24:17,160 --> 00:24:19,560
Speaker 3: will watch how if they had savings accounts and there

571
00:24:19,720 --> 00:24:21,880
Speaker 3: was money sitting in there, we had to go work

572
00:24:21,880 --> 00:24:25,640
Speaker 3: with investors to put together a structured plan for them

573
00:24:25,640 --> 00:24:28,320
Speaker 3: to ensure that they're not losing money with it's just

574
00:24:28,359 --> 00:24:30,600
Speaker 3: sitting there. And people think wealthy people like when you

575
00:24:30,680 --> 00:24:34,840
Speaker 3: see like big companies or people have billions of dollars

576
00:24:34,920 --> 00:24:37,399
Speaker 3: or they're worth billions. They're worth billions, they have billions

577
00:24:37,400 --> 00:24:40,080
Speaker 3: in cash. Wealthy people don't just have cash laying around.

578
00:24:40,240 --> 00:24:43,160
Speaker 3: It's always going to work. And so it's training people

579
00:24:43,200 --> 00:24:45,520
Speaker 3: to know. You gotta give your money a job description,

580
00:24:45,960 --> 00:24:47,640
Speaker 3: what is it going to do, what is it doing,

581
00:24:47,720 --> 00:24:49,480
Speaker 3: how is it performing? To make sure it gives you

582
00:24:49,520 --> 00:24:51,960
Speaker 3: what you need and the results you desire. And unfortunately

583
00:24:51,960 --> 00:24:53,359
Speaker 3: you can't do that in a savings acount. And not

584
00:24:53,400 --> 00:24:55,080
Speaker 3: to mention when people you saves, again, I don't they

585
00:24:55,119 --> 00:24:56,480
Speaker 3: know the money gets loaned.

586
00:24:56,240 --> 00:24:56,840
Speaker 2: Out the people.

587
00:24:57,200 --> 00:25:00,520
Speaker 3: So your credit card, your student loans, your business sans,

588
00:25:00,560 --> 00:25:02,720
Speaker 3: all of that comes from somebody savings account and they're

589
00:25:02,720 --> 00:25:05,600
Speaker 3: just lonely getting charging you a interest but charging someone

590
00:25:05,640 --> 00:25:07,919
Speaker 3: a higher interest rate on that debt. And that's how

591
00:25:07,960 --> 00:25:12,280
Speaker 3: the banking system makes money. So yes, but that's not

592
00:25:12,320 --> 00:25:15,760
Speaker 3: your only option. Okay, and and and and life has

593
00:25:15,800 --> 00:25:18,520
Speaker 3: shown us that that can't be your only option.

594
00:25:18,640 --> 00:25:20,600
Speaker 2: There has to be something more out there for us.

595
00:25:20,520 --> 00:25:25,480
Speaker 1: To do, right, Okay, let's this Black Enterprise honored you.

596
00:25:27,720 --> 00:25:29,960
Speaker 3: Black Enterprise, so you know what's so interesting. Black Enterprise

597
00:25:30,000 --> 00:25:32,440
Speaker 3: was one of the first companies to see me MM.

598
00:25:32,440 --> 00:25:35,320
Speaker 3: And this is back when like MM scared Ashley was

599
00:25:35,359 --> 00:25:37,760
Speaker 3: just starting therapy, and they had asked me to start

600
00:25:37,800 --> 00:25:39,800
Speaker 3: writing for them. And I'm like writing I don't even

601
00:25:39,800 --> 00:25:41,280
Speaker 3: know I knew how to write, but I'm like, I

602
00:25:41,280 --> 00:25:45,359
Speaker 3: got something to say. And I've done a lot with them,

603
00:25:45,400 --> 00:25:47,359
Speaker 3: and I've been featured a lot of places. But I

604
00:25:47,359 --> 00:25:49,719
Speaker 3: think Black Enterprise meant a lot because I did not know.

605
00:25:49,880 --> 00:25:51,680
Speaker 3: I remember seeing an email I was getting my hair done.

606
00:25:51,680 --> 00:25:54,520
Speaker 3: I was like so excited. But I remember what Black

607
00:25:54,600 --> 00:25:58,080
Speaker 3: Enterprise represented to me growing up and what it represented

608
00:25:58,080 --> 00:26:00,520
Speaker 3: to me when I was trying to figure out emplify

609
00:26:01,000 --> 00:26:03,320
Speaker 3: we weren't that when Black Enterprise saw me and I

610
00:26:03,480 --> 00:26:06,920
Speaker 3: spoke at their conferences and did interviews and things like that.

611
00:26:07,760 --> 00:26:10,119
Speaker 3: This was not the Ashley that they saw. This was

612
00:26:10,160 --> 00:26:12,360
Speaker 3: not the emplify like we were still figured. I don't

613
00:26:12,359 --> 00:26:14,760
Speaker 3: know if we had a website at certain points in time,

614
00:26:15,280 --> 00:26:19,040
Speaker 3: but it was cool that they saw something and they

615
00:26:19,040 --> 00:26:21,800
Speaker 3: felt something when it was just the idea in my mind.

616
00:26:21,840 --> 00:26:23,560
Speaker 3: And so to be able to be on and on

617
00:26:23,600 --> 00:26:27,000
Speaker 3: their forty under forty list it meant the world to me.

618
00:26:27,040 --> 00:26:28,600
Speaker 2: I've been featured a lot of places, but it was.

619
00:26:28,640 --> 00:26:31,639
Speaker 3: Like that was at one place, like you guys saw

620
00:26:32,359 --> 00:26:35,520
Speaker 3: Ashley when she was in her twenties, before Ashley even

621
00:26:35,600 --> 00:26:37,520
Speaker 3: knew that this was a possible thing, when she still

622
00:26:37,560 --> 00:26:40,239
Speaker 3: doubted herself. So it actually really really meant a lot

623
00:26:40,280 --> 00:26:42,480
Speaker 3: to me, Ashley.

624
00:26:42,640 --> 00:26:46,840
Speaker 1: I keep going back to social because you are defining

625
00:26:46,920 --> 00:26:51,320
Speaker 1: wealth from a standpoint of it can be fun, you

626
00:26:51,359 --> 00:26:54,920
Speaker 1: could be attractive, you can make money, you could be

627
00:26:55,000 --> 00:26:59,879
Speaker 1: fashion savvy. Because the way people react to you, I'm overwhelmed.

628
00:27:00,080 --> 00:27:03,119
Speaker 1: I mean brands I go, you know, especially on Instagram,

629
00:27:03,440 --> 00:27:09,840
Speaker 1: I go that many, like many, that many views, that

630
00:27:09,920 --> 00:27:13,879
Speaker 1: many views. Really, I know it's not normal because you're

631
00:27:13,920 --> 00:27:16,000
Speaker 1: not normal. What's the big picture?

632
00:27:16,520 --> 00:27:20,280
Speaker 3: I think now, it's really not a question of like

633
00:27:20,400 --> 00:27:23,720
Speaker 3: if it's a matter of when, like at what?

634
00:27:23,720 --> 00:27:23,840
Speaker 4: What?

635
00:27:24,000 --> 00:27:25,040
Speaker 2: How big can I go?

636
00:27:25,800 --> 00:27:30,520
Speaker 3: How big can I create Ashley's brand, empathize reach because

637
00:27:30,520 --> 00:27:33,520
Speaker 3: there's people all I'll be in the airport, I've I've

638
00:27:33,560 --> 00:27:36,000
Speaker 3: had conversation. I remember in Greece, I'm teaching people on

639
00:27:36,080 --> 00:27:39,080
Speaker 3: a boat about investing, and it's like, how do Because,

640
00:27:39,160 --> 00:27:41,239
Speaker 3: like I said, wealth doesn't have a color. It does

641
00:27:41,400 --> 00:27:44,840
Speaker 3: like it has no true identity to it. So it's like,

642
00:27:44,920 --> 00:27:48,960
Speaker 3: how big can I take something so general but so

643
00:27:49,040 --> 00:27:52,640
Speaker 3: important to so many people and embedded in their mind

644
00:27:52,920 --> 00:27:55,440
Speaker 3: to show them that you can heal, smile, go to therapy,

645
00:27:55,720 --> 00:27:58,359
Speaker 3: figure life out, and still build wealth.

646
00:27:58,200 --> 00:27:59,919
Speaker 2: And still do what it is you want to do.

647
00:28:00,119 --> 00:28:02,440
Speaker 3: And I think for me, it's all about every post

648
00:28:02,520 --> 00:28:05,359
Speaker 3: I make has an intention, Every post I make has

649
00:28:05,880 --> 00:28:08,040
Speaker 3: a training and an unlearning that I want to give

650
00:28:08,080 --> 00:28:10,240
Speaker 3: the world a sense of inspiration, a sense of guidance,

651
00:28:10,240 --> 00:28:12,560
Speaker 3: a sense of struggles, Like I want to be as

652
00:28:12,640 --> 00:28:14,800
Speaker 3: honest and transparent so that people can see me at

653
00:28:14,840 --> 00:28:17,240
Speaker 3: my core but also see me in the intellect that

654
00:28:17,280 --> 00:28:19,480
Speaker 3: I present. And at this point, it's just a matter

655
00:28:19,560 --> 00:28:22,720
Speaker 3: how big can you get and how consistent can you be?

656
00:28:23,040 --> 00:28:25,280
Speaker 3: And how big of a team can you build so

657
00:28:25,320 --> 00:28:28,680
Speaker 3: that this is an operating machine that changes the world

658
00:28:28,720 --> 00:28:30,399
Speaker 3: every single day with every single post.

659
00:28:30,960 --> 00:28:33,840
Speaker 1: Okay, I'll be remiss if I didn't ask you for tips,

660
00:28:34,080 --> 00:28:36,800
Speaker 1: at least three tips, then my audience could take away

661
00:28:36,840 --> 00:28:38,640
Speaker 1: from the Implify brand.

662
00:28:39,280 --> 00:28:41,400
Speaker 3: The first thing I would say, and this goes for everybody.

663
00:28:41,400 --> 00:28:43,040
Speaker 3: We don't got to go deep into this, but I

664
00:28:43,080 --> 00:28:48,080
Speaker 3: feel inclined to say this. The last time I checked personally,

665
00:28:48,800 --> 00:28:52,280
Speaker 3: there was no president that put me through college was

666
00:28:52,320 --> 00:28:54,720
Speaker 3: there with me getting kicked out my apartment building. Emplify

667
00:28:55,240 --> 00:28:58,000
Speaker 3: was there to help me buy my first stock. And

668
00:29:00,320 --> 00:29:02,720
Speaker 3: the person in the mirror is the person we always

669
00:29:02,760 --> 00:29:06,560
Speaker 3: got to depend on. And people can have their political views,

670
00:29:06,600 --> 00:29:09,440
Speaker 3: which I respect. I just think at the end of

671
00:29:09,520 --> 00:29:12,320
Speaker 3: the day is you and you, and there's no president

672
00:29:12,360 --> 00:29:13,920
Speaker 3: that can build the wealth that you can create for

673
00:29:14,000 --> 00:29:17,400
Speaker 3: your family. And I think when we allow our emotion

674
00:29:18,840 --> 00:29:22,600
Speaker 3: to subside and we start thinking like a business owner

675
00:29:23,000 --> 00:29:27,480
Speaker 3: with intellect and putting our family and our goals first.

676
00:29:28,200 --> 00:29:29,880
Speaker 3: Because you can't be angry and bill wealth at the

677
00:29:29,920 --> 00:29:34,440
Speaker 3: same time. You can't be emotional with the market and

678
00:29:34,480 --> 00:29:37,080
Speaker 3: build wealth at the same time. And so the biggest

679
00:29:37,080 --> 00:29:38,760
Speaker 3: thing I would say is let go to the emotions

680
00:29:38,760 --> 00:29:41,800
Speaker 3: and start using logic and play the game like I

681
00:29:41,840 --> 00:29:43,080
Speaker 3: wanna build a billion dollar business.

682
00:29:43,080 --> 00:29:43,760
Speaker 2: I'm not there.

683
00:29:43,640 --> 00:29:45,560
Speaker 3: Yet, but it's a lot of billion dollar businesses out

684
00:29:45,600 --> 00:29:48,720
Speaker 3: there that I can own a piece of. I don't

685
00:29:48,760 --> 00:29:51,080
Speaker 3: have to like you. I don't have to work at

686
00:29:51,080 --> 00:29:55,320
Speaker 3: the company. But if I use your product, and I'm

687
00:29:55,360 --> 00:29:58,760
Speaker 3: the reason you're a billion dollar business, I'm helping you

688
00:29:58,880 --> 00:30:00,720
Speaker 3: build wealth, so I deserve a piece of the pie.

689
00:30:01,520 --> 00:30:07,520
Speaker 3: So take the logic, own where your dollar goes, and

690
00:30:07,680 --> 00:30:10,120
Speaker 3: consider owning a piece of the company. Cause they are

691
00:30:10,120 --> 00:30:12,760
Speaker 3: about five big old companies that are worth trillion dollars,

692
00:30:12,960 --> 00:30:15,320
Speaker 3: and I can pretty much guarantee at least three out

693
00:30:15,320 --> 00:30:18,479
Speaker 3: of those five we use on a weekly basis. So

694
00:30:18,560 --> 00:30:21,720
Speaker 3: my mere existence is, for example, why an Amazon exists.

695
00:30:21,760 --> 00:30:24,520
Speaker 3: I buy Ketchup, I buy Shower, I buy everything, but

696
00:30:24,560 --> 00:30:25,800
Speaker 3: I own stock in that company.

697
00:30:26,240 --> 00:30:27,440
Speaker 2: I don't know bet Jeff Bezos.

698
00:30:27,480 --> 00:30:29,640
Speaker 3: I don't have to like Jeff Bezos, but I love

699
00:30:29,680 --> 00:30:32,680
Speaker 3: the company he created and it's getting even better. And

700
00:30:32,920 --> 00:30:34,840
Speaker 3: but I own a piece of that, and so does

701
00:30:34,840 --> 00:30:37,320
Speaker 3: my seven year old niece, and she will be wealthy

702
00:30:37,360 --> 00:30:38,960
Speaker 3: for the rest of her life. So that might have

703
00:30:39,000 --> 00:30:40,480
Speaker 3: been like five tips in one. But the moral of

704
00:30:40,480 --> 00:30:45,880
Speaker 3: the story is no emotion, straight logic, and consider the

705
00:30:45,920 --> 00:30:49,560
Speaker 3: companies you give your money to and own them because

706
00:30:49,560 --> 00:30:52,280
Speaker 3: they are a lot cheaper than you think. While it's

707
00:30:52,320 --> 00:30:54,840
Speaker 3: worth a trillion, the stock is like two hundred dollars,

708
00:30:55,120 --> 00:30:57,320
Speaker 3: the stocks are less than three four hundred dollars, right,

709
00:30:57,360 --> 00:30:59,200
Speaker 3: So really consider those things.

710
00:30:59,200 --> 00:31:00,400
Speaker 2: The other thing I would say.

711
00:31:00,240 --> 00:31:06,880
Speaker 3: Is pay yourself, and we pay everybody. We make money,

712
00:31:06,960 --> 00:31:10,400
Speaker 3: and we we want, we gotta pay our bills.

713
00:31:10,440 --> 00:31:11,200
Speaker 2: I gotta pay down debt.

714
00:31:11,200 --> 00:31:12,640
Speaker 3: It's like I was talking to somebody the other day, like, yeah,

715
00:31:12,640 --> 00:31:14,960
Speaker 3: I gotta pay down debt, and it's like, yes, do

716
00:31:15,000 --> 00:31:17,920
Speaker 3: that and invest because when you pay down debt, you're

717
00:31:17,920 --> 00:31:21,680
Speaker 3: also making the banking system richer. Mm so what about you,

718
00:31:22,080 --> 00:31:23,880
Speaker 3: Maybe we can consider owning a bank stock that we

719
00:31:23,920 --> 00:31:25,520
Speaker 3: gotta pay the credit card back to. I don't know,

720
00:31:25,560 --> 00:31:29,400
Speaker 3: but but pay you and sometimes that is twenty dollars.

721
00:31:29,440 --> 00:31:31,000
Speaker 3: And then you go pay your rent because you pay

722
00:31:31,040 --> 00:31:32,600
Speaker 3: your rent, you pay yourself one, but you pay your kids,

723
00:31:32,640 --> 00:31:34,520
Speaker 3: you pay the restaurant, uh, the bar tend at the restaurant,

724
00:31:34,680 --> 00:31:37,520
Speaker 3: You pay your cardinal, you pay your ga, you pay everybody,

725
00:31:37,600 --> 00:31:39,120
Speaker 3: and you look up and you're the one that doesn't

726
00:31:39,120 --> 00:31:41,720
Speaker 3: have money, and it's like, well, who who's gonna worry

727
00:31:41,720 --> 00:31:45,360
Speaker 3: about you? M not the American system, not the the

728
00:31:45,600 --> 00:31:48,920
Speaker 3: not the mortgage company, not the gas nobody's nobody's worrying

729
00:31:48,960 --> 00:31:50,800
Speaker 3: about you. We want them to, but they're not. They

730
00:31:50,800 --> 00:31:52,720
Speaker 3: gotta run their business. You gotta look at you like

731
00:31:52,760 --> 00:31:56,200
Speaker 3: that you incorporated. You have to take care of you.

732
00:31:56,200 --> 00:31:58,520
Speaker 3: You have to pay you, and sometimes that means you

733
00:31:58,520 --> 00:32:01,080
Speaker 3: gotta start with twenty dollars. Because people are not gonna

734
00:32:01,080 --> 00:32:02,760
Speaker 3: be driven by the result. You're gonna be driven by

735
00:32:02,800 --> 00:32:06,360
Speaker 3: your progress. I need you to be addicted to investing.

736
00:32:06,560 --> 00:32:09,120
Speaker 3: I need you to question every company you come across

737
00:32:09,200 --> 00:32:11,240
Speaker 3: and wonder, if it's publicly traded, how much is it.

738
00:32:11,320 --> 00:32:13,120
Speaker 3: Let me go research that company because I might want

739
00:32:13,120 --> 00:32:15,080
Speaker 3: to put that in my portfolio. I always tell people,

740
00:32:15,080 --> 00:32:16,920
Speaker 3: when you think about the stocks that you choose, they're

741
00:32:16,960 --> 00:32:19,840
Speaker 3: sitting at your table. Their job is to perform for you,

742
00:32:19,960 --> 00:32:21,680
Speaker 3: and if they're not, you bencham when you get rid

743
00:32:21,720 --> 00:32:25,000
Speaker 3: of them. These companies deserve to be in your portfolio,

744
00:32:25,320 --> 00:32:26,920
Speaker 3: but you have to make sure they deserve to be

745
00:32:26,920 --> 00:32:29,440
Speaker 3: sitting next to you, and that is to me.

746
00:32:29,480 --> 00:32:30,480
Speaker 2: It's an honor to be in.

747
00:32:30,480 --> 00:32:33,480
Speaker 3: Ashley's portfolio, because if I don't like you, I'm not

748
00:32:33,520 --> 00:32:36,480
Speaker 3: investing in you. But I have plans, and I know

749
00:32:36,560 --> 00:32:38,280
Speaker 3: I don't want to do it alone, so let me

750
00:32:38,280 --> 00:32:40,320
Speaker 3: help somebody. Let me allow some of these billionaires to

751
00:32:40,320 --> 00:32:42,600
Speaker 3: help me get money too. You gotta think like that.

752
00:32:42,680 --> 00:32:44,760
Speaker 3: We can't hate the people with wealth yet yet to

753
00:32:44,800 --> 00:32:46,720
Speaker 3: have a desire to obtain it. We got to figure

754
00:32:46,760 --> 00:32:49,280
Speaker 3: out how to take what we know lead, take the good,

755
00:32:49,400 --> 00:32:51,760
Speaker 3: leave the bad, to be able to change our family's

756
00:32:51,800 --> 00:32:53,320
Speaker 3: lives because nobody's gonna do it but you.

757
00:32:53,840 --> 00:32:57,440
Speaker 1: Okay, thank you, Ashley. You're wonderful as you usual. Tell

758
00:32:57,520 --> 00:32:58,680
Speaker 1: us how to rehuat.

759
00:32:58,320 --> 00:33:01,280
Speaker 3: You, Ampifi dot com, empify dot com. You can shoot

760
00:33:01,280 --> 00:33:03,640
Speaker 3: me an email info at mfi dot com. I'm across

761
00:33:03,680 --> 00:33:06,920
Speaker 3: all social media platforms, Underscore, Ashley, m Fox, TikTok, I

762
00:33:06,960 --> 00:33:09,640
Speaker 3: am the Ashley m Fox, Ashley and Fox on YouTube,

763
00:33:09,760 --> 00:33:13,920
Speaker 3: LinkedIn everywhere, and emplithizers all over Instagram social media as well.

764
00:33:13,920 --> 00:33:16,400
Speaker 3: But yes, I do respond to dms, I do respond

765
00:33:16,400 --> 00:33:18,360
Speaker 3: to emails. I might not always hit you right when

766
00:33:18,400 --> 00:33:19,800
Speaker 3: you send it, but I do my best to get

767
00:33:19,840 --> 00:33:22,040
Speaker 3: back to you. But if you have a question, definitely come.

768
00:33:22,080 --> 00:33:24,720
Speaker 3: We got a lot of free classes, free resources to

769
00:33:24,720 --> 00:33:26,560
Speaker 3: be able to help you start so that you can

770
00:33:26,600 --> 00:33:29,600
Speaker 3: continue to build every single day, break by brick, share

771
00:33:29,640 --> 00:33:30,080
Speaker 3: by share.

772
00:33:30,360 --> 00:33:33,760
Speaker 1: Thank you for coming on Money Making Conversation Masterclass. This

773
00:33:33,800 --> 00:33:37,280
Speaker 1: has been another edition of Money Making Conversation Masterclass hosted

774
00:33:37,320 --> 00:33:40,160
Speaker 1: by me Rashaun McDonald. Thank you to our guests on

775
00:33:40,200 --> 00:33:42,680
Speaker 1: the show today and thank you o' listening to your

776
00:33:42,720 --> 00:33:45,080
Speaker 1: audience now. If you want to listen to any episode

777
00:33:45,160 --> 00:33:47,240
Speaker 1: I want to be a guest on the show, visit

778
00:33:47,480 --> 00:33:52,240
Speaker 1: Moneymakingconversations dot com. Our social media handle is money Making Conversation.

779
00:33:52,680 --> 00:33:55,080
Speaker 1: Join us next week and remember to always leave with

780
00:33:55,160 --> 00:34:01,640
Speaker 1: your gifts. Keep winning to