WEBVTT - EYL #9 Billionaire Boys Club.

0:00:00.400 --> 0:00:04.280
<v Speaker 1>You just realized your business needed to hire someone yesterday.

0:00:04.800 --> 0:00:09.000
<v Speaker 1>How can you find amazing candidates fast easy? Just use

0:00:09.080 --> 0:00:12.360
<v Speaker 1>Indeed stop struggling to get your job posts seen on

0:00:12.480 --> 0:00:16.360
<v Speaker 1>other job sites. With Indeed sponsored jobs, your post jumps

0:00:16.400 --> 0:00:18.720
<v Speaker 1>to the top of the page for your relevant candidates,

0:00:18.960 --> 0:00:22.000
<v Speaker 1>so you can reach the people you want faster. According

0:00:22.040 --> 0:00:25.680
<v Speaker 1>to Indeed data, sponsored jobs posted directly on Indeed have

0:00:25.800 --> 0:00:29.840
<v Speaker 1>forty five percent more applications than non sponsored jobs. Don't

0:00:29.840 --> 0:00:33.519
<v Speaker 1>wait any longer. Speed up your hiring right now with Indeed,

0:00:33.960 --> 0:00:36.200
<v Speaker 1>and listeners of this show will get a seventy five

0:00:36.280 --> 0:00:39.440
<v Speaker 1>dollars sponsored job credit to get your jobs more visibility

0:00:39.600 --> 0:00:45.320
<v Speaker 1>at indeed dot com slash pod Katz thirteen. Just go

0:00:45.360 --> 0:00:50.120
<v Speaker 1>to indeed dot com slash pod katz thirteen right now

0:00:50.479 --> 0:00:53.040
<v Speaker 1>and support our show by saying you heard about Indeed

0:00:53.080 --> 0:00:57.400
<v Speaker 1>on this podcast. Terms and conditions apply. Hiring Indeed is

0:00:57.440 --> 0:00:58.040
<v Speaker 1>all you need.

0:01:19.360 --> 0:01:23.040
<v Speaker 2>Welcome back, Welcome back, Earn your Liegia's Podcast Episode nine.

0:01:23.959 --> 0:01:26.480
<v Speaker 2>Before we start anything, we just want to thank you

0:01:26.520 --> 0:01:29.000
<v Speaker 2>guys again for rocco with us throughout this journey. We

0:01:29.040 --> 0:01:32.520
<v Speaker 2>want to remind you guys to subscribe to our YouTube channel.

0:01:32.560 --> 0:01:35.880
<v Speaker 2>Earn Your Lesia make sure you turn on our notifications. Also,

0:01:36.520 --> 0:01:38.840
<v Speaker 2>our website is up Earn a lisia dot com. We

0:01:38.880 --> 0:01:41.600
<v Speaker 2>had some difficulties with it early on, but that's up

0:01:41.600 --> 0:01:44.120
<v Speaker 2>and running. So we have all the info for the

0:01:44.200 --> 0:01:48.400
<v Speaker 2>podcast listings. We have our YouTube on there. We also

0:01:48.760 --> 0:01:51.920
<v Speaker 2>have our merch shop up the Merchants Dope. We have

0:01:52.560 --> 0:01:56.120
<v Speaker 2>a bunch of dope shirts and it's gonna be even

0:01:56.120 --> 0:01:57.840
<v Speaker 2>more stuff that we're gonna roll out, but make sure

0:01:57.880 --> 0:02:01.640
<v Speaker 2>you check the merch out and so our Patreon is

0:02:01.720 --> 0:02:03.800
<v Speaker 2>up as well. That is also on the website and

0:02:03.800 --> 0:02:06.160
<v Speaker 2>that's a way for just extra support and if you

0:02:06.200 --> 0:02:10.120
<v Speaker 2>want extended dialogue, you know, just kind of follow the

0:02:10.200 --> 0:02:12.280
<v Speaker 2>journey a little bit more. It's all laid out. So

0:02:12.320 --> 0:02:16.600
<v Speaker 2>that's on there as well. Feel free to support. So, yes,

0:02:17.320 --> 0:02:22.720
<v Speaker 2>we are jumping right into it with the marijuana business.

0:02:23.000 --> 0:02:25.079
<v Speaker 3>So back home smoking legal, all right.

0:02:25.120 --> 0:02:27.560
<v Speaker 4>So that that was a line that Drake said in

0:02:28.400 --> 0:02:33.240
<v Speaker 4>Meek Mills's song, And it's important that people take note

0:02:33.280 --> 0:02:34.800
<v Speaker 4>of what we're about to say because we're not saying

0:02:34.840 --> 0:02:35.640
<v Speaker 4>we're four again.

0:02:35.720 --> 0:02:36.400
<v Speaker 3>We're just gonna give.

0:02:36.280 --> 0:02:39.800
<v Speaker 2>Them some fast. It's not a stance. It's not a stance.

0:02:39.840 --> 0:02:42.640
<v Speaker 2>Look me personally, I don't smoke. I never smoked. I

0:02:42.639 --> 0:02:46.280
<v Speaker 2>don't have anything against anybody that smokes. It's personal preference.

0:02:46.760 --> 0:02:49.320
<v Speaker 2>But I'm not saying we're not saying that it should

0:02:49.320 --> 0:02:51.600
<v Speaker 2>be legal, that it shouldn't be legal. We're just laying

0:02:51.639 --> 0:02:54.280
<v Speaker 2>out the facts, giving you dialogue and just something to

0:02:54.280 --> 0:02:54.639
<v Speaker 2>think about.

0:02:54.639 --> 0:02:56.280
<v Speaker 4>And we're gonna look at it from the business perspective

0:02:56.320 --> 0:02:59.520
<v Speaker 4>because it is a multi billion dollar business and I'm

0:02:59.520 --> 0:03:03.160
<v Speaker 4>not sure if people really understand the potential growth that

0:03:03.200 --> 0:03:05.120
<v Speaker 4>the marijuana business has. But we're going to break it

0:03:05.160 --> 0:03:08.760
<v Speaker 4>down and talk about some people who have invested in

0:03:08.800 --> 0:03:11.240
<v Speaker 4>the business and are seeing some benefits already. So well,

0:03:11.320 --> 0:03:13.560
<v Speaker 4>let's just start from a legality standpoint.

0:03:13.600 --> 0:03:15.040
<v Speaker 2>Well, let's start even before we go there, I want

0:03:15.120 --> 0:03:16.760
<v Speaker 2>I want to give a quick story that we put

0:03:16.800 --> 0:03:20.360
<v Speaker 2>on our Instagram page of Al Harrington.

0:03:20.480 --> 0:03:21.160
<v Speaker 3>Shout out to him.

0:03:21.160 --> 0:03:23.400
<v Speaker 2>Shout out to Al Harrington. Anybody not familiar with hol Harrington.

0:03:23.400 --> 0:03:26.200
<v Speaker 2>How Harrington was an NBA player for I think like

0:03:26.280 --> 0:03:27.200
<v Speaker 2>ten years something like that.

0:03:27.520 --> 0:03:28.359
<v Speaker 3>He had an extended career.

0:03:28.400 --> 0:03:29.880
<v Speaker 2>Yeah, he was in the lead for a while. Yeah,

0:03:29.919 --> 0:03:33.440
<v Speaker 2>and he towards the end of his career he started

0:03:33.440 --> 0:03:36.840
<v Speaker 2>getting a lot of injuries. Right, So, how he was

0:03:36.880 --> 0:03:39.600
<v Speaker 2>able to cope with the injuries that he started to smoke.

0:03:39.640 --> 0:03:42.840
<v Speaker 4>He started, so he had a couple of knee surgeries,

0:03:42.880 --> 0:03:45.760
<v Speaker 4>and one of the knee surgeries actually the effect of it,

0:03:45.800 --> 0:03:49.520
<v Speaker 4>he had a staff infection, and he was prescribed all

0:03:49.560 --> 0:03:52.920
<v Speaker 4>types of medicines and they really weren't working for him.

0:03:53.080 --> 0:03:56.760
<v Speaker 4>And he figured out, hey, I'm in a state and

0:03:56.960 --> 0:03:59.480
<v Speaker 4>twenty eleven twenty twelve season, I think he gets hurt

0:03:59.640 --> 0:04:02.520
<v Speaker 4>and he's he's in a state where marijuana is now

0:04:02.600 --> 0:04:05.760
<v Speaker 4>legal for medical use, Colorado. So he's playing for the

0:04:05.840 --> 0:04:08.520
<v Speaker 4>Nuggets Deviver Nuggets at the time, and he's in Colorado.

0:04:08.520 --> 0:04:11.800
<v Speaker 4>In twenty twelve, they passed medical marijuana to be used

0:04:11.920 --> 0:04:15.760
<v Speaker 4>for digital marijuana, and he decides, I'm gonna try this now.

0:04:15.760 --> 0:04:17.720
<v Speaker 4>He never smoked too, He had your stance. He had

0:04:17.839 --> 0:04:22.200
<v Speaker 4>never smoked, and he stands by that throughout high school.

0:04:21.960 --> 0:04:22.760
<v Speaker 3>And even the professionally.

0:04:22.800 --> 0:04:25.840
<v Speaker 4>You never smoked, but decided, you know, after reading up

0:04:25.839 --> 0:04:27.600
<v Speaker 4>on it, I'm going to give it a try. And

0:04:27.640 --> 0:04:29.280
<v Speaker 4>he sees the benefits of it right away.

0:04:30.160 --> 0:04:32.280
<v Speaker 2>Yeah. So, and then also what he does is that,

0:04:32.360 --> 0:04:36.080
<v Speaker 2>you know, the NBA has strict guidelines as far as drugs.

0:04:36.600 --> 0:04:39.440
<v Speaker 2>Weed is still considered the drug right in most states.

0:04:39.200 --> 0:04:40.839
<v Speaker 3>And still illegal federally.

0:04:40.920 --> 0:04:44.960
<v Speaker 2>Federally, yes, So he invests five million dollars into a

0:04:44.960 --> 0:04:47.080
<v Speaker 2>marijuana company because he sees the business side of it

0:04:47.120 --> 0:04:49.159
<v Speaker 2>once he starts to see the medical benefits of it,

0:04:49.240 --> 0:04:51.440
<v Speaker 2>but he doesn't want to put his name on it. Yeah,

0:04:51.520 --> 0:04:54.200
<v Speaker 2>so he does it through his cousin's name right right

0:04:54.240 --> 0:04:57.520
<v Speaker 2>into a company named Viola Viola Astracts. So now the

0:04:57.600 --> 0:05:02.880
<v Speaker 2>company is in four different states, it employs seventy employees,

0:05:03.240 --> 0:05:05.600
<v Speaker 2>and he's looking to have a future billion dollar valuation

0:05:05.720 --> 0:05:08.680
<v Speaker 2>once and if it goes legal on a national level.

0:05:08.720 --> 0:05:11.159
<v Speaker 2>So now he's like a spokesperson because he's not in

0:05:11.160 --> 0:05:13.239
<v Speaker 2>the league anymore, so he doesn't have to worry about backlash.

0:05:13.279 --> 0:05:15.680
<v Speaker 2>And it's actually ironic because I just saw on All

0:05:15.680 --> 0:05:18.040
<v Speaker 2>Star weekend where the NBA invited him to come in

0:05:18.080 --> 0:05:21.360
<v Speaker 2>and speak to the players stuff like that. So they're

0:05:21.400 --> 0:05:25.480
<v Speaker 2>actually embracing him as a marijuana ambassador. Yeah, he had

0:05:25.480 --> 0:05:26.159
<v Speaker 2>a big co sign.

0:05:26.720 --> 0:05:29.479
<v Speaker 4>David Stern, who was the former NBA commissioner, said, you

0:05:29.480 --> 0:05:32.160
<v Speaker 4>know what, I didn't believe, didn't believe in that stance

0:05:32.200 --> 0:05:33.880
<v Speaker 4>that players should be able to use it. But now

0:05:33.920 --> 0:05:36.080
<v Speaker 4>listening to Al Harrington after he met with him a

0:05:36.120 --> 0:05:37.880
<v Speaker 4>few times, he's like, you know what, Al, If it's

0:05:37.880 --> 0:05:40.080
<v Speaker 4>going to keep players on the court and not sit

0:05:40.120 --> 0:05:42.360
<v Speaker 4>out games and rest, I'm all for it. Now he's

0:05:42.360 --> 0:05:44.839
<v Speaker 4>not the commission anymore, Adam silver is, but that's.

0:05:44.680 --> 0:05:45.440
<v Speaker 3>A big co sign.

0:05:45.480 --> 0:05:47.080
<v Speaker 4>That's a you know, he's a former commission of a

0:05:47.120 --> 0:05:49.640
<v Speaker 4>major sports league in America, So that's a huge co sign.

0:05:49.760 --> 0:05:52.240
<v Speaker 2>No, it is. And the thing about it also, so

0:05:52.279 --> 0:05:54.200
<v Speaker 2>now we have to talk about some legalities of it. Right.

0:05:54.360 --> 0:05:58.360
<v Speaker 2>So there's a lot of different complexities in the marijuana industry,

0:05:58.440 --> 0:06:01.039
<v Speaker 2>marijuana business, right. So one of the main issues is

0:06:01.080 --> 0:06:04.360
<v Speaker 2>that some states it's legal, but it's still not legal

0:06:04.360 --> 0:06:05.280
<v Speaker 2>on a federal level.

0:06:05.360 --> 0:06:10.080
<v Speaker 4>Right, So thirty three states allow medical marijuana. We live

0:06:10.120 --> 0:06:12.120
<v Speaker 4>in New York is one of those states. But then

0:06:12.160 --> 0:06:15.720
<v Speaker 4>there are ten states who have legalized recreational which means

0:06:15.720 --> 0:06:16.680
<v Speaker 4>you're allowed to carry it.

0:06:17.520 --> 0:06:19.360
<v Speaker 3>I believe up to one ounce.

0:06:19.440 --> 0:06:22.120
<v Speaker 4>If it's something you carry and if it's like a concentrate,

0:06:22.160 --> 0:06:24.440
<v Speaker 4>which means it's in an edible product, I think it's

0:06:24.440 --> 0:06:27.640
<v Speaker 4>maybe one eighth of an ounce. So the ten states,

0:06:27.760 --> 0:06:31.000
<v Speaker 4>and you said that Al Harrington has seventy employees. Obviously,

0:06:31.080 --> 0:06:41.360
<v Speaker 4>his employees are from for of those states, California, Oregon, Washington, Michigan, Vermont, Maine, Nevada, Alaska,

0:06:41.680 --> 0:06:45.560
<v Speaker 4>New Hampshire. I think maybe not yet, not yet. New

0:06:45.560 --> 0:06:47.080
<v Speaker 4>Mexico is like going to be the next one. So

0:06:47.120 --> 0:06:50.279
<v Speaker 4>there's ten and obviously Washington, DC we say states, but

0:06:50.320 --> 0:06:54.200
<v Speaker 4>the District of Columbia also has medical and recreational.

0:06:54.320 --> 0:06:58.200
<v Speaker 2>Yeah. So it's interesting because before, like a couple of

0:06:58.240 --> 0:07:00.880
<v Speaker 2>years ago, one of the biggest businesses in Colorado when

0:07:00.920 --> 0:07:05.040
<v Speaker 2>Colorado first legalized marijuana, one of the biggest businesses was security.

0:07:05.400 --> 0:07:08.360
<v Speaker 2>So they had all these Navy seals and ex marines

0:07:08.400 --> 0:07:11.640
<v Speaker 2>and things of that nature that were like carrying m

0:07:11.680 --> 0:07:16.160
<v Speaker 2>sixteens and machine guns, and they would arm security for

0:07:16.240 --> 0:07:19.360
<v Speaker 2>the dispensaries. Because the dispensaries was a cash business, they

0:07:19.400 --> 0:07:22.200
<v Speaker 2>couldn't accept credit cards and they couldn't put their money

0:07:22.240 --> 0:07:25.560
<v Speaker 2>in banks, so they literally had warehouses full of cash, right,

0:07:25.600 --> 0:07:27.960
<v Speaker 2>and obviously you have warehouses full of cash, you're a target.

0:07:28.240 --> 0:07:33.240
<v Speaker 2>That's dangerous. So being at the security business in Colorado

0:07:33.240 --> 0:07:37.280
<v Speaker 2>were like skyrocketed overnight because they couldn't So now what's

0:07:37.320 --> 0:07:39.320
<v Speaker 2>happening is that at that point in time, no bank

0:07:39.360 --> 0:07:41.960
<v Speaker 2>in the country wanted to even run the risk of

0:07:42.600 --> 0:07:46.800
<v Speaker 2>handling finances for a marijuana company because it's illegal. On

0:07:46.800 --> 0:07:48.559
<v Speaker 2>a federal level, you can get arrested.

0:07:48.600 --> 0:07:50.960
<v Speaker 4>Yeah, So there were some stories where you had shops

0:07:50.960 --> 0:07:53.280
<v Speaker 4>that would over dispensaries that would open up right on

0:07:53.320 --> 0:07:55.520
<v Speaker 4>a state level it was legal, but if the federal

0:07:55.520 --> 0:07:57.920
<v Speaker 4>government came in, they could shut you down pretty much.

0:07:58.080 --> 0:07:58.480
<v Speaker 2>Yeah.

0:07:58.560 --> 0:07:59.880
<v Speaker 3>So it's like it's a rest Yeah.

0:08:00.120 --> 0:08:02.960
<v Speaker 2>So but now there's actually four hundred I think four

0:08:03.040 --> 0:08:06.200
<v Speaker 2>hundred and eleven banks and credit unions that are currently

0:08:06.240 --> 0:08:08.920
<v Speaker 2>doing business with marijuana companies and they're looking to experience.

0:08:08.960 --> 0:08:11.760
<v Speaker 2>But there's actually a bill in Congress now from two

0:08:11.760 --> 0:08:16.840
<v Speaker 2>Democratic House members that wants to give safe haven to

0:08:16.920 --> 0:08:20.200
<v Speaker 2>any bank or any credit union to do business with

0:08:20.880 --> 0:08:21.880
<v Speaker 2>a marijuana company.

0:08:21.920 --> 0:08:23.600
<v Speaker 3>Yeah. So this is like a little fun fact.

0:08:23.640 --> 0:08:27.600
<v Speaker 4>So Colorado has more dispensaries than they have Starbucks and

0:08:27.640 --> 0:08:30.840
<v Speaker 4>McDonald's combined. And when we think of like franchises, like

0:08:31.000 --> 0:08:33.480
<v Speaker 4>obviously we said on a few episodes ago that McDonald's

0:08:33.480 --> 0:08:36.240
<v Speaker 4>was the largest franchise in the world, it is they

0:08:36.240 --> 0:08:40.280
<v Speaker 4>have more marijuana dispensaries than those two franchises combined.

0:08:40.480 --> 0:08:43.320
<v Speaker 3>So this is like a billion dollar business that's happening.

0:08:43.480 --> 0:08:46.080
<v Speaker 2>No, I mean it's like prohibition, right, Like a lot

0:08:46.080 --> 0:08:48.560
<v Speaker 2>of people don't really fully understand that alcohol was illegal

0:08:48.600 --> 0:08:49.000
<v Speaker 2>at one point.

0:08:49.080 --> 0:08:52.160
<v Speaker 4>Yeah, eighty years ago is when they started making marijuana illegal.

0:08:52.440 --> 0:08:55.480
<v Speaker 4>And that goes into a deeper discussion, right when we

0:08:55.800 --> 0:08:58.720
<v Speaker 4>look and there's a documentary it's called The House I

0:08:58.760 --> 0:09:02.600
<v Speaker 4>Live In and it talks about population control. Right, So

0:09:02.640 --> 0:09:05.800
<v Speaker 4>if people are doing things that are taken away from jobs,

0:09:05.840 --> 0:09:09.240
<v Speaker 4>from the people that dominate population, how do you stop it?

0:09:09.640 --> 0:09:12.640
<v Speaker 4>You start criminalizing the things they do. So if marijuana

0:09:12.720 --> 0:09:15.360
<v Speaker 4>was something that was being used and grown, let's criminalize that.

0:09:15.600 --> 0:09:17.320
<v Speaker 4>If it was in the West coast, right, and it

0:09:17.360 --> 0:09:19.520
<v Speaker 4>was opium that was being used, let's criminalize that. So

0:09:19.559 --> 0:09:21.680
<v Speaker 4>we've seen that there's a deeper history.

0:09:21.440 --> 0:09:24.320
<v Speaker 2>When I mean, even with this whole So you know

0:09:24.360 --> 0:09:28.040
<v Speaker 2>what POW stands for prison of war, right, So it's like, okay,

0:09:28.160 --> 0:09:30.760
<v Speaker 2>so now it's looking like the tide is turning on

0:09:30.880 --> 0:09:32.880
<v Speaker 2>this and marijuana is gonna be made legal. It's just

0:09:32.880 --> 0:09:35.920
<v Speaker 2>a matter of just a matter of time. So there's

0:09:36.040 --> 0:09:40.080
<v Speaker 2>the war on drugs, right, quote unquote, So how many

0:09:40.360 --> 0:09:43.880
<v Speaker 2>people are serving jail time for marijuana.

0:09:43.720 --> 0:09:47.040
<v Speaker 4>Ye, like that, shout out to Biggs, right, So that

0:09:47.080 --> 0:09:48.680
<v Speaker 4>was that was one of those dope quotes that I

0:09:48.679 --> 0:09:52.960
<v Speaker 4>think flew over people's heads. Like Big Bird, who was

0:09:53.280 --> 0:09:55.560
<v Speaker 4>one of the co founders of Rockefeller was locked up

0:09:55.559 --> 0:09:58.840
<v Speaker 4>for five years for marijuana charges, right, so and he

0:09:58.880 --> 0:10:00.320
<v Speaker 4>said that. I think Jay said that on the he

0:10:00.400 --> 0:10:03.199
<v Speaker 4>was like, shout out to Busi's back in the church

0:10:03.240 --> 0:10:05.680
<v Speaker 4>when I heard you got locked that that hurt took

0:10:05.720 --> 0:10:09.240
<v Speaker 4>a good dude, locked them over with some dirt, Like, yeah,

0:10:09.240 --> 0:10:12.520
<v Speaker 4>it's legal in Colorado. So it's like, it's crazy, right,

0:10:12.640 --> 0:10:14.960
<v Speaker 4>this dude did time, was away from his family, and

0:10:15.000 --> 0:10:17.800
<v Speaker 4>how many other people are just like that doing more

0:10:17.840 --> 0:10:21.360
<v Speaker 4>severe sentences for marijuana. And now in maybe five to

0:10:21.440 --> 0:10:23.280
<v Speaker 4>ten years, this is going to be something that's legal

0:10:23.679 --> 0:10:25.599
<v Speaker 4>legally nationally everywhere.

0:10:25.679 --> 0:10:28.360
<v Speaker 2>Yeah, And I think one of the things about it,

0:10:28.400 --> 0:10:33.600
<v Speaker 2>I've heard that if you have a criminal record in drugs,

0:10:34.160 --> 0:10:36.480
<v Speaker 2>you're not allowed to get a license to open up

0:10:36.480 --> 0:10:37.160
<v Speaker 2>a dispensary.

0:10:37.360 --> 0:10:38.640
<v Speaker 3>Yes, it's crazy, man.

0:10:38.760 --> 0:10:42.559
<v Speaker 4>So and that's so the blueprint has been laid because

0:10:42.679 --> 0:10:45.760
<v Speaker 4>when we think of the United States of America, right,

0:10:45.920 --> 0:10:48.720
<v Speaker 4>we think North America. There's obviously to other countries. Canada

0:10:48.880 --> 0:10:52.640
<v Speaker 4>has made marijuana legally throughout the entire nation, right, so

0:10:52.679 --> 0:10:56.360
<v Speaker 4>their country is completely federally fun that you can sell

0:10:56.400 --> 0:10:59.600
<v Speaker 4>and use marijuana in Canada, which is why we started

0:10:59.600 --> 0:11:01.760
<v Speaker 4>with the back home smoking legal because obviously Drake is

0:11:01.800 --> 0:11:04.400
<v Speaker 4>for Toronto. So when he says that line, that's real,

0:11:04.559 --> 0:11:08.160
<v Speaker 4>like the country of Canada is marijuana is legal.

0:11:08.559 --> 0:11:12.520
<v Speaker 2>Yeah, that's like we want to match, yall, somebody was

0:11:12.520 --> 0:11:15.600
<v Speaker 2>smoking weed. That's before this whole thing started to turn

0:11:16.040 --> 0:11:17.800
<v Speaker 2>and after about the NA something when he was like,

0:11:18.600 --> 0:11:20.720
<v Speaker 2>imagine smoking weed in the street without cops harassing.

0:11:20.840 --> 0:11:22.120
<v Speaker 3>That day is upon us.

0:11:23.360 --> 0:11:23.880
<v Speaker 2>That's a fact.

0:11:23.960 --> 0:11:24.959
<v Speaker 3>That day is upon us.

0:11:25.000 --> 0:11:25.360
<v Speaker 2>Man.

0:11:25.520 --> 0:11:27.920
<v Speaker 4>So we said it's a billion dollar business. Here's some

0:11:27.960 --> 0:11:34.599
<v Speaker 4>numbers behind it. In twenty seventeen, the marijuana legalization of

0:11:34.640 --> 0:11:37.959
<v Speaker 4>it has gross nine point seven billion in North America. Right,

0:11:38.000 --> 0:11:41.079
<v Speaker 4>they expected to have a eight percent increase over the

0:11:41.160 --> 0:11:44.520
<v Speaker 4>next four years, which would be mean by twenty twenty one,

0:11:44.559 --> 0:11:46.800
<v Speaker 4>it should be a twenty five billion dollar business.

0:11:46.800 --> 0:11:48.760
<v Speaker 3>Twenty five billion dollars just.

0:11:48.679 --> 0:11:53.960
<v Speaker 4>By legalizing something that a lot of people use in

0:11:54.000 --> 0:11:58.760
<v Speaker 4>all aspects of life. Doctors, lawyers, teachers, pickup profession, A

0:11:58.800 --> 0:12:01.760
<v Speaker 4>lot of people use the drug and there's benefits of it.

0:12:01.800 --> 0:12:04.040
<v Speaker 4>So when we talked about Al Harrington, one of the

0:12:04.040 --> 0:12:06.520
<v Speaker 4>things he said is that it's better than the prescription

0:12:06.600 --> 0:12:10.920
<v Speaker 4>drugs that they do because number one, it's natural. And

0:12:11.000 --> 0:12:12.959
<v Speaker 4>for him it was a pain relief and not just

0:12:13.160 --> 0:12:15.720
<v Speaker 4>smoking marijuana. But I think he was using marijuana cream.

0:12:15.960 --> 0:12:18.640
<v Speaker 4>I think he had a cream that had marijuana and

0:12:18.679 --> 0:12:22.319
<v Speaker 4>he was using that for his ailments. And he had

0:12:22.559 --> 0:12:24.960
<v Speaker 4>another person who said it was Steve Kerr, Steve Kurdit,

0:12:25.040 --> 0:12:27.640
<v Speaker 4>coach of Golden State Warriors Man. He was like, I

0:12:27.679 --> 0:12:30.600
<v Speaker 4>had back surgery in my career and rather than taking pills,

0:12:31.000 --> 0:12:31.920
<v Speaker 4>I was using marijuana.

0:12:31.960 --> 0:12:35.600
<v Speaker 2>Well, medicine is a drug, right, so prescription I mean

0:12:35.600 --> 0:12:38.320
<v Speaker 2>we see that now, right, opioid addiction. So if you

0:12:38.440 --> 0:12:44.720
<v Speaker 2>get prescribed volume or any other type of drug, that

0:12:45.480 --> 0:12:47.600
<v Speaker 2>probably has worse effects than marijuana.

0:12:47.840 --> 0:12:51.160
<v Speaker 3>Yeah, but as we see, you know, it was, it

0:12:51.200 --> 0:12:51.839
<v Speaker 3>was criminalized.

0:12:51.880 --> 0:12:55.440
<v Speaker 4>And recently this week we had David Irvin you see

0:12:55.440 --> 0:13:01.120
<v Speaker 4>their Cowboys player. No, he's quitting, so he got find no,

0:13:01.240 --> 0:13:02.800
<v Speaker 4>suspend it indefinitely.

0:13:02.280 --> 0:13:02.920
<v Speaker 3>From the NFL.

0:13:03.040 --> 0:13:06.800
<v Speaker 4>The NFL's rules on obviously the drug policies are very strict,

0:13:07.520 --> 0:13:09.679
<v Speaker 4>but he said he's quitting the NFL. He's gonna he's

0:13:09.679 --> 0:13:12.600
<v Speaker 4>gonna do smoke weed. And it was like a huge

0:13:12.600 --> 0:13:14.640
<v Speaker 4>thing and everybody was like, wait what, this doesn't even

0:13:14.640 --> 0:13:17.240
<v Speaker 4>make any sense. And his thing was like yo. His

0:13:17.240 --> 0:13:19.720
<v Speaker 4>his stance is like, I'm using it for medical reasons.

0:13:19.720 --> 0:13:22.040
<v Speaker 4>Why am I being suspended for it? So like now

0:13:22.240 --> 0:13:23.360
<v Speaker 4>these twenty five years old.

0:13:23.480 --> 0:13:27.079
<v Speaker 2>The NFL are they don't only lead that test for marijuana.

0:13:26.920 --> 0:13:29.760
<v Speaker 4>No, all leagues do, but the leniency is different. So

0:13:29.800 --> 0:13:31.599
<v Speaker 4>the NFL, and that was one of the things that

0:13:31.640 --> 0:13:33.840
<v Speaker 4>people are arguing, like why is this still a policy

0:13:34.240 --> 0:13:36.520
<v Speaker 4>right if people are using it to heal from injury and.

0:13:36.600 --> 0:13:38.520
<v Speaker 2>It's not performance enhancing drugs.

0:13:38.320 --> 0:13:41.520
<v Speaker 4>Right, So the argument is like we and I heard

0:13:41.520 --> 0:13:43.360
<v Speaker 4>Stephen A say this, he doesn't want to see his

0:13:43.440 --> 0:13:44.400
<v Speaker 4>ass the people that.

0:13:44.320 --> 0:13:46.439
<v Speaker 3>He's paying to come see inebriated.

0:13:46.480 --> 0:13:48.880
<v Speaker 4>And I'm like, okay, that's cool, but do you stop

0:13:48.920 --> 0:13:50.800
<v Speaker 4>them from drinking alcohol the night before the game?

0:13:51.400 --> 0:13:51.559
<v Speaker 3>Right?

0:13:51.559 --> 0:13:54.040
<v Speaker 4>Do you stop them from slover cigarettes an hour before

0:13:54.080 --> 0:13:56.800
<v Speaker 4>the game? So I mean it's a long list of

0:13:56.880 --> 0:13:57.800
<v Speaker 4>things that we can go into.

0:13:57.960 --> 0:14:03.560
<v Speaker 2>Yeah, I personally think that once you see laws being

0:14:03.600 --> 0:14:08.000
<v Speaker 2>passed or proposed to make it federally legal for banks

0:14:08.120 --> 0:14:11.520
<v Speaker 2>to harbor money. So once the money comes into the banks,

0:14:11.520 --> 0:14:13.880
<v Speaker 2>everything follows the money, right, So once the money comes

0:14:13.880 --> 0:14:16.080
<v Speaker 2>into the banks and that's legal, then it's just a

0:14:16.080 --> 0:14:17.720
<v Speaker 2>domino effect from there. So a lot of people are

0:14:17.760 --> 0:14:19.920
<v Speaker 2>interested in marijuana. I always tell people all the time,

0:14:20.160 --> 0:14:22.560
<v Speaker 2>do your research and understand what you're investing in because

0:14:22.560 --> 0:14:24.400
<v Speaker 2>there are a lot of companies and all companies aren't

0:14:24.440 --> 0:14:29.040
<v Speaker 2>the same. But that's interesting from a political standpoint because

0:14:29.080 --> 0:14:32.200
<v Speaker 2>like I said, the money always precedes the law. So

0:14:32.280 --> 0:14:36.440
<v Speaker 2>once the bank, if that bill actually does pass, it's

0:14:36.480 --> 0:14:38.400
<v Speaker 2>just a matter of time because there's too much money.

0:14:38.400 --> 0:14:41.640
<v Speaker 2>It's billion trillion dollars out there, and there's too much

0:14:41.680 --> 0:14:45.760
<v Speaker 2>money for it not to be capitalized on, for banks

0:14:45.800 --> 0:14:47.840
<v Speaker 2>not to take advantage of it, for institutions not to

0:14:47.840 --> 0:14:50.160
<v Speaker 2>take advantage of it, but everybody not take advantage of it.

0:14:50.240 --> 0:14:55.040
<v Speaker 2>So whether you're a pro or for it, probably will happen. Yeah,

0:14:56.200 --> 0:14:56.880
<v Speaker 2>it is what it is.

0:14:57.200 --> 0:14:59.600
<v Speaker 3>And Snoop Dogg probably the lead kind of sore.

0:15:00.160 --> 0:15:02.320
<v Speaker 4>He had a venture capital from that raised forty five

0:15:02.320 --> 0:15:05.600
<v Speaker 4>million dollars in three years, right, So people are investing

0:15:05.640 --> 0:15:07.720
<v Speaker 4>in it at an all time rate. Wes Khalif is

0:15:07.760 --> 0:15:11.360
<v Speaker 4>another guy who's made a career off the use of marijuana.

0:15:11.600 --> 0:15:15.440
<v Speaker 3>Same thing. And Mike Tyson, we just know about that.

0:15:15.480 --> 0:15:20.640
<v Speaker 2>Mike Tyson is opening a forty acre ranch in California, California,

0:15:20.760 --> 0:15:26.200
<v Speaker 2>So all right, well marijuana interesting. It's only gonna, you know,

0:15:27.040 --> 0:15:30.040
<v Speaker 2>get more headlines. I think as time goes and we'll see,

0:15:30.080 --> 0:15:30.800
<v Speaker 2>we'll see what happens.

0:15:30.880 --> 0:15:33.360
<v Speaker 4>Yeah, And just the last thing is that yesterday it's

0:15:33.440 --> 0:15:35.320
<v Speaker 4>legal in those states, but you have to be twenty one.

0:15:35.360 --> 0:15:36.880
<v Speaker 3>So how do we stop kids from using it?

0:15:36.920 --> 0:15:39.440
<v Speaker 4>So twenty one is the age that you have to

0:15:39.440 --> 0:15:42.160
<v Speaker 4>be in order to use recreational or medical marijuana.

0:15:42.400 --> 0:15:47.800
<v Speaker 2>Yes, smoke responsibly people. All right, now we're gonna go

0:15:47.840 --> 0:15:50.560
<v Speaker 2>into real estate. Right, We're gonna real estate is vast,

0:15:50.640 --> 0:15:52.760
<v Speaker 2>so we're gonna talk about we're gonna chop real estate

0:15:52.840 --> 0:15:55.440
<v Speaker 2>up into different segments with different shows. But today we're

0:15:55.440 --> 0:15:59.040
<v Speaker 2>going to talk about appraisals right home appraisals in We're

0:15:59.080 --> 0:16:01.360
<v Speaker 2>going to attack it from a different standpoint. So I

0:16:01.400 --> 0:16:03.320
<v Speaker 2>actually wrote a post about this on my Instagram page

0:16:03.320 --> 0:16:06.520
<v Speaker 2>a while back, if anybody follows me. So, there was

0:16:06.560 --> 0:16:10.360
<v Speaker 2>a recent study by the Bookings Institute in Gallop which

0:16:10.400 --> 0:16:15.760
<v Speaker 2>shows that homes and majority black neighborhoods are undervalued during

0:16:15.800 --> 0:16:18.920
<v Speaker 2>their paygel process by forty eight thousand dollars per home,

0:16:19.360 --> 0:16:22.720
<v Speaker 2>which amounts to one hundred and fifty six billion dollars

0:16:23.440 --> 0:16:27.920
<v Speaker 2>in primulative losses nationwide. So what happens is that they're

0:16:27.960 --> 0:16:31.000
<v Speaker 2>saying that black homes are valued at twenty three percent

0:16:31.680 --> 0:16:34.240
<v Speaker 2>lower than the white counterparts. So obviously how they do

0:16:34.280 --> 0:16:37.320
<v Speaker 2>that is that they base it like the same home, right,

0:16:37.360 --> 0:16:40.240
<v Speaker 2>so it has to be like three bedroom, two bath

0:16:40.600 --> 0:16:43.440
<v Speaker 2>home and a black neighborhood three badroom. Yeah, exactly comparable.

0:16:43.480 --> 0:16:45.240
<v Speaker 2>Who we call in the real estate industry comparables, right,

0:16:45.280 --> 0:16:47.720
<v Speaker 2>So they're not going to compare a one bedroom apartment

0:16:47.760 --> 0:16:50.400
<v Speaker 2>to a mansion. They compare the same exact home, same

0:16:50.440 --> 0:16:51.960
<v Speaker 2>exact space, backyard, all of.

0:16:51.880 --> 0:16:53.800
<v Speaker 3>That stuff within the same zip code.

0:16:54.320 --> 0:16:58.360
<v Speaker 2>Right. So on average, the black home is value that

0:16:58.560 --> 0:17:01.960
<v Speaker 2>forty eight thousand and less than the white home. So

0:17:02.440 --> 0:17:05.639
<v Speaker 2>what happens is that now it affects people in a

0:17:05.680 --> 0:17:08.399
<v Speaker 2>lot of different ways. Right. So now when you have

0:17:08.520 --> 0:17:11.800
<v Speaker 2>less value when you sell your home, right, you're getting

0:17:11.840 --> 0:17:15.600
<v Speaker 2>less money, right, You're also it lowers your net worth, right,

0:17:16.080 --> 0:17:18.800
<v Speaker 2>it lowers your equity that you can borrow from because

0:17:18.840 --> 0:17:20.639
<v Speaker 2>the value of the home is less. So it's a

0:17:20.680 --> 0:17:22.639
<v Speaker 2>lot of negative effects for that. Right. So some people

0:17:22.640 --> 0:17:27.680
<v Speaker 2>will say, okay, well, the reason that the black homes

0:17:27.720 --> 0:17:32.280
<v Speaker 2>and then black neighborhoods are lower than white neighborhoods is

0:17:32.320 --> 0:17:35.320
<v Speaker 2>because black neighborhoods unfortunately, a lot of times you have

0:17:35.560 --> 0:17:39.840
<v Speaker 2>higher crime rates. It sometimes maybe a longer commute, bad schools,

0:17:40.040 --> 0:17:41.960
<v Speaker 2>So all of that stuff plays a factor in the

0:17:41.960 --> 0:17:45.320
<v Speaker 2>home value. Right, And that's true, But the studies showed

0:17:45.359 --> 0:17:50.000
<v Speaker 2>that that only accounts for actually half of the devaluation.

0:17:50.520 --> 0:17:53.560
<v Speaker 2>So what happened to the other seventy eight billion? Right,

0:17:53.600 --> 0:17:55.879
<v Speaker 2>So that only accounted for one seventy eight billion, But

0:17:56.000 --> 0:17:58.000
<v Speaker 2>the other seventy eight billion is not accounting for in

0:17:58.040 --> 0:18:00.439
<v Speaker 2>all those other factors. So this this is what the

0:18:00.440 --> 0:18:04.000
<v Speaker 2>study show, not me. So the Booking Institute, in the Gallop,

0:18:04.240 --> 0:18:06.760
<v Speaker 2>they came to the conclusion that the other seventy eight

0:18:06.840 --> 0:18:12.080
<v Speaker 2>billion dollars in devaluation was solely due to one thing.

0:18:12.160 --> 0:18:15.480
<v Speaker 2>You know what that one thing is a racism. Right.

0:18:15.600 --> 0:18:19.960
<v Speaker 2>They just said that they just valued black homes lower. Right,

0:18:20.040 --> 0:18:22.320
<v Speaker 2>When a praiser comes, he just looks at a black

0:18:22.320 --> 0:18:25.440
<v Speaker 2>home as being worse less than a white home. It's

0:18:25.520 --> 0:18:27.879
<v Speaker 2>just that's what it is. That's what that's what it

0:18:28.000 --> 0:18:33.000
<v Speaker 2>accounted for. Right, So this is a troubling statistic, right,

0:18:33.240 --> 0:18:36.840
<v Speaker 2>for a lot of different reasons. But the main reason

0:18:37.080 --> 0:18:39.399
<v Speaker 2>is that, you know, one of the things that you know,

0:18:39.400 --> 0:18:42.520
<v Speaker 2>you always taught in America is that you do good

0:18:42.680 --> 0:18:44.680
<v Speaker 2>you buy a home. You know, that's like the number

0:18:44.680 --> 0:18:46.760
<v Speaker 2>one way to preserve wealth for your family. Do the

0:18:46.840 --> 0:18:50.080
<v Speaker 2>right things, and you can sell your home. But now, ay,

0:18:50.400 --> 0:18:53.400
<v Speaker 2>it's already discriminatory practices and actually buying a home, right,

0:18:53.680 --> 0:18:56.480
<v Speaker 2>that's been proven. And now even if you do buy

0:18:56.520 --> 0:19:00.840
<v Speaker 2>the home, it's devalued just because you live in it. Yeah. Right.

0:19:01.240 --> 0:19:04.360
<v Speaker 2>So it was interesting when I wrote that story because

0:19:05.240 --> 0:19:08.320
<v Speaker 2>a lot of people were going back and forth like, well,

0:19:08.320 --> 0:19:11.679
<v Speaker 2>I don't believe that. It's like, you know, a lot

0:19:11.720 --> 0:19:14.280
<v Speaker 2>of people don't believe that racism is actually real.

0:19:14.400 --> 0:19:15.000
<v Speaker 3>It's a real thing.

0:19:15.000 --> 0:19:16.480
<v Speaker 2>But the thing about it is that it doesn't even

0:19:16.520 --> 0:19:19.280
<v Speaker 2>affect people just in black neighborhood. They can affect a

0:19:19.320 --> 0:19:24.119
<v Speaker 2>white a black family living in a white neighborhood. Right. So,

0:19:24.680 --> 0:19:26.680
<v Speaker 2>as I said, so, a lot of times people were saying,

0:19:26.680 --> 0:19:28.920
<v Speaker 2>like this is just made up I don't believe it. Yeah,

0:19:29.000 --> 0:19:34.280
<v Speaker 2>so now being that we have a personal story to

0:19:34.359 --> 0:19:37.840
<v Speaker 2>confirm it, Yeah, you're going to go into your story. Yeah.

0:19:37.880 --> 0:19:39.639
<v Speaker 4>You know what when you wrote the article and I

0:19:39.640 --> 0:19:41.480
<v Speaker 4>had no idea you were writing an article, I thought

0:19:41.560 --> 0:19:44.239
<v Speaker 4>you were writing it about me. I honestly was like, Yo,

0:19:44.440 --> 0:19:46.359
<v Speaker 4>this guy just wrote my story. And I told you.

0:19:46.400 --> 0:19:48.679
<v Speaker 4>I'm like, oh, you serious, and you're like nah, this

0:19:48.840 --> 0:19:51.359
<v Speaker 4>is like factual needs, this is this is the evidence.

0:19:51.359 --> 0:19:54.000
<v Speaker 4>And I'm like, oh wow, this is really happening. So

0:19:54.760 --> 0:19:58.439
<v Speaker 4>uh two years ago, almost about two years ago, I

0:19:58.560 --> 0:20:01.280
<v Speaker 4>was in the process of buying a home and that

0:20:01.320 --> 0:20:04.280
<v Speaker 4>comes let's go back. I wasn't going to be in

0:20:04.320 --> 0:20:06.639
<v Speaker 4>the process if it wasn't for you. And that was

0:20:06.640 --> 0:20:09.960
<v Speaker 4>part of the early leisure conversation. My family was about

0:20:10.000 --> 0:20:12.800
<v Speaker 4>to move and you were like, hey, why don't you

0:20:12.840 --> 0:20:14.439
<v Speaker 4>go in and buy a home? And I was like, I

0:20:14.440 --> 0:20:16.919
<v Speaker 4>had not getten any thought. I'm like, you know what,

0:20:16.960 --> 0:20:19.040
<v Speaker 4>maybe maybe you was shot out, maybe I should do this.

0:20:20.119 --> 0:20:22.359
<v Speaker 4>So you sparked that in my mind, I'm like, all right, Well,

0:20:22.880 --> 0:20:25.600
<v Speaker 4>I presented the proposal to my family and they were like,

0:20:25.680 --> 0:20:26.159
<v Speaker 4>let's do this.

0:20:26.520 --> 0:20:28.080
<v Speaker 3>And one of the things we had to do was

0:20:28.119 --> 0:20:28.960
<v Speaker 3>get the house of praise.

0:20:29.800 --> 0:20:34.720
<v Speaker 4>Now, my family bought the home in twenty ten, and

0:20:35.560 --> 0:20:39.080
<v Speaker 4>the house was valued at five hundred and seventy five thousand.

0:20:39.280 --> 0:20:41.560
<v Speaker 4>That's what it was valued at. We bought it for

0:20:41.600 --> 0:20:45.440
<v Speaker 4>five hundred and twenty five thousand. That was a purchase

0:20:45.440 --> 0:20:49.960
<v Speaker 4>price in twenty ten. Long story short, part of my

0:20:49.960 --> 0:20:52.280
<v Speaker 4>family wanted to move to another area. So I came

0:20:52.320 --> 0:20:55.159
<v Speaker 4>in and I went in on a deal with my

0:20:55.600 --> 0:20:56.359
<v Speaker 4>father and.

0:20:56.640 --> 0:20:57.440
<v Speaker 3>We got the house.

0:20:58.240 --> 0:21:02.959
<v Speaker 4>And the process of praisal was an alarming one because

0:21:03.000 --> 0:21:05.440
<v Speaker 4>when he the appraisal I won't say his name, we're

0:21:05.440 --> 0:21:06.359
<v Speaker 4>actually still in there.

0:21:06.600 --> 0:21:08.719
<v Speaker 3>We wrote a Consumer Reports review about it.

0:21:09.520 --> 0:21:13.840
<v Speaker 4>The appraisal man came in and said that the house

0:21:13.880 --> 0:21:17.320
<v Speaker 4>had devalued. Now we have added things to the home,

0:21:17.680 --> 0:21:20.240
<v Speaker 4>you know, the typical things obviously stay in still furniture,

0:21:20.560 --> 0:21:23.199
<v Speaker 4>I mean stay in still, appliances, would floors, all all

0:21:23.200 --> 0:21:25.479
<v Speaker 4>the things that you would add to, you know, increase

0:21:25.560 --> 0:21:28.359
<v Speaker 4>value in your home. And in the eight year, eight

0:21:28.440 --> 0:21:32.280
<v Speaker 4>year period, the house went from being purchased at five

0:21:32.320 --> 0:21:35.200
<v Speaker 4>hundred and twenty five thousand to now being five hundred

0:21:35.200 --> 0:21:35.919
<v Speaker 4>and ten thousand.

0:21:36.240 --> 0:21:38.280
<v Speaker 2>So all right, so you brought a house in New

0:21:38.359 --> 0:21:41.480
<v Speaker 2>York in the suburbs of New York Westchester, which is

0:21:41.520 --> 0:21:44.720
<v Speaker 2>anybody's not familiar. It's affluent, pretty affluent neighborhood.

0:21:44.240 --> 0:21:45.080
<v Speaker 3>White plans in New York.

0:21:45.200 --> 0:21:48.240
<v Speaker 2>Okay, so you buy a house for five hundred and

0:21:48.800 --> 0:21:49.200
<v Speaker 2>how much?

0:21:49.560 --> 0:21:50.520
<v Speaker 3>Five hundred and twenty.

0:21:52.640 --> 0:21:56.320
<v Speaker 2>Yeah, seven years where there is no market correction. Real

0:21:56.440 --> 0:21:58.520
<v Speaker 2>estate has only gone up right in New York and

0:21:58.600 --> 0:22:01.720
<v Speaker 2>across America as a whole, but definitely.

0:22:01.440 --> 0:22:03.000
<v Speaker 3>And especially in this neighborhood.

0:22:03.200 --> 0:22:05.960
<v Speaker 2>Okay, you made improvements, You made improvements to the home,

0:22:06.960 --> 0:22:10.480
<v Speaker 2>and he said that the home was devalued by fifteen thousand.

0:22:10.680 --> 0:22:11.800
<v Speaker 3>Uh, fifteen thousand.

0:22:11.880 --> 0:22:12.400
<v Speaker 2>Yeah.

0:22:12.440 --> 0:22:14.359
<v Speaker 4>So like when you look at that, it's like, oh wait,

0:22:14.520 --> 0:22:16.280
<v Speaker 4>that's kind of crazy. But then you look at the

0:22:16.280 --> 0:22:20.000
<v Speaker 4>comparables because that's part of the appraisal process too.

0:22:20.520 --> 0:22:23.720
<v Speaker 3>So I looked at the comparables. Earners, what's up.

0:22:23.800 --> 0:22:27.320
<v Speaker 4>You ever walk into a small business and everything just works, like,

0:22:27.359 --> 0:22:30.840
<v Speaker 4>the checkout is fast, the receipts are digital, tipping is

0:22:30.840 --> 0:22:33.440
<v Speaker 4>a breeze, and you're out the door before the line

0:22:33.440 --> 0:22:38.120
<v Speaker 4>even builds. Odds are they're using Square. We love supporting

0:22:38.119 --> 0:22:40.800
<v Speaker 4>businesses that run on Square because it just feels seamless.

0:22:40.960 --> 0:22:43.520
<v Speaker 4>Whether it's a local coffee shop, a vendor at a

0:22:43.520 --> 0:22:46.400
<v Speaker 4>pop up market, or even one of our merch partners.

0:22:46.640 --> 0:22:50.440
<v Speaker 4>Square makes it easy for them to take payments, manage inventory,

0:22:50.520 --> 0:22:54.400
<v Speaker 4>and run their business with confidence, all from one simple system.

0:22:54.880 --> 0:22:57.480
<v Speaker 4>If you're a business owner or even just thinking about

0:22:57.560 --> 0:23:00.639
<v Speaker 4>launching something soon, Square is hands down one of the

0:23:00.680 --> 0:23:04.119
<v Speaker 4>best tools out there to help you start, run and grow.

0:23:04.400 --> 0:23:07.400
<v Speaker 4>It's not just about payments, it's about giving you time

0:23:07.520 --> 0:23:10.440
<v Speaker 4>back so you can focus on what matters most ready.

0:23:10.480 --> 0:23:13.840
<v Speaker 4>To see how Square can transform your business, visit Square

0:23:13.920 --> 0:23:18.439
<v Speaker 4>dot com backslash go backslash eyl to learn more that

0:23:18.640 --> 0:23:24.080
<v Speaker 4>Square dot com backslash, go backslash eyl. Don't wait, don't hesitate.

0:23:24.200 --> 0:23:26.600
<v Speaker 4>Let Square handle the back end so you can keep

0:23:26.600 --> 0:23:32.719
<v Speaker 4>pushing your vision forward. This episode is brought to you

0:23:32.760 --> 0:23:35.000
<v Speaker 4>by P and C Bank. A lot of people think

0:23:35.080 --> 0:23:38.960
<v Speaker 4>podcasts about work are boring, and sure, they definitely can be,

0:23:39.440 --> 0:23:42.720
<v Speaker 4>but understanding a professionals routine shows us how they achieve

0:23:42.760 --> 0:23:47.000
<v Speaker 4>their success little by little, day after day. It's like

0:23:47.080 --> 0:23:49.840
<v Speaker 4>banking with P and C Bank. It might seem boring

0:23:49.880 --> 0:23:52.760
<v Speaker 4>to save, plan and make calculated decisions with your bank,

0:23:53.160 --> 0:23:55.640
<v Speaker 4>but keeping your money boring is what helps you live

0:23:55.800 --> 0:23:59.680
<v Speaker 4>or more happily fulfilled life. P and C Bank Brilliantly

0:23:59.720 --> 0:24:04.000
<v Speaker 4>Boring Boring since eighteen sixty five. Brilliantly Boring since eighteen

0:24:04.080 --> 0:24:06.119
<v Speaker 4>sixty five is a service mark of the P and

0:24:06.200 --> 0:24:09.760
<v Speaker 4>C Financial Service Group, Inc. P and C Bank National

0:24:09.760 --> 0:24:11.560
<v Speaker 4>Association Member FDIC.

0:24:13.320 --> 0:24:17.000
<v Speaker 5>An illegal alien from Guatemala charged with raping a child

0:24:17.040 --> 0:24:20.840
<v Speaker 5>in Massachusetts. An MS thirteen gang member from Al Salvador

0:24:21.080 --> 0:24:25.199
<v Speaker 5>accused of murdering a Texas man of Venezuelan charged with

0:24:25.280 --> 0:24:29.159
<v Speaker 5>filming and selling child pornography in Michigan. These are just

0:24:29.280 --> 0:24:33.040
<v Speaker 5>some of the heinous migrant criminals caught because of President

0:24:33.080 --> 0:24:36.600
<v Speaker 5>Donald J. Trump's leadership. I'm Christy Noman, the United States

0:24:36.680 --> 0:24:41.480
<v Speaker 5>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:24:41.480 --> 0:24:45.040
<v Speaker 5>crossings are at the lowest levels ever recorded, and over

0:24:45.119 --> 0:24:48.320
<v Speaker 5>one hundred thousand illegal aliens have been arrested. If you

0:24:48.400 --> 0:24:52.240
<v Speaker 5>are here illegally, your next you will be fined nearly

0:24:52.320 --> 0:24:56.359
<v Speaker 5>one thousand dollars a day, imprisoned, and deported. You will

0:24:56.400 --> 0:24:59.960
<v Speaker 5>never return. But if you register using our CBP home

0:25:00.080 --> 0:25:03.440
<v Speaker 5>app and leave now, you could be allowed to return legally.

0:25:03.840 --> 0:25:08.560
<v Speaker 5>Do what's right. Leave now under President Trump, America's laws

0:25:08.720 --> 0:25:11.160
<v Speaker 5>border and families will be protected.

0:25:11.280 --> 0:25:14.240
<v Speaker 4>Sponsored by the United States Department of Homeland Security six hundred,

0:25:14.560 --> 0:25:18.840
<v Speaker 4>six hundred and fifty six hundred eighteen. We had an

0:25:18.880 --> 0:25:21.080
<v Speaker 4>offer on the table, like my brother was going to

0:25:21.119 --> 0:25:23.560
<v Speaker 4>sell the house before I stepped in, and the offer

0:25:23.640 --> 0:25:26.400
<v Speaker 4>was for six hundred, six hundred thousand, and you got

0:25:26.440 --> 0:25:29.359
<v Speaker 4>to praise that fifty five hundred and ten thousand.

0:25:30.480 --> 0:25:32.239
<v Speaker 2>And what do your neighbors look like?

0:25:34.080 --> 0:25:37.160
<v Speaker 3>My neighbors are from a.

0:25:36.560 --> 0:25:38.480
<v Speaker 2>Different ethnic background, ethnic back.

0:25:39.440 --> 0:25:44.000
<v Speaker 4>We have Hispanic neighbors, we have white neighbors. We have

0:25:44.080 --> 0:25:46.680
<v Speaker 4>a few black neighbors down the street.

0:25:46.840 --> 0:25:49.040
<v Speaker 2>The majority of people in your neighborhood, what are they are? White?

0:25:49.240 --> 0:25:53.000
<v Speaker 2>Majority of them? Okay, yeah, So the comparables in the

0:25:53.000 --> 0:25:54.560
<v Speaker 2>neighborhood is six hundred thousand.

0:25:54.320 --> 0:25:59.200
<v Speaker 3>Six hundred plus at least. So the deal was time sensitive.

0:25:59.359 --> 0:26:02.440
<v Speaker 4>So not only did I was like blown away by

0:26:02.720 --> 0:26:05.160
<v Speaker 4>the number that came back, I knew that we had

0:26:05.200 --> 0:26:08.080
<v Speaker 4>to react fast because there was a lot of dominoes

0:26:08.080 --> 0:26:09.840
<v Speaker 4>that were gonna fall if we didn't get this done.

0:26:10.240 --> 0:26:12.440
<v Speaker 4>So he came in and gave us a five hundred

0:26:12.480 --> 0:26:13.600
<v Speaker 4>and ten thousand appraisal.

0:26:13.720 --> 0:26:14.399
<v Speaker 3>But on top of it.

0:26:14.440 --> 0:26:16.800
<v Speaker 4>I had to pay him eight hundred dollars to him

0:26:16.800 --> 0:26:19.080
<v Speaker 4>to do that, so like, not only was it in

0:26:19.200 --> 0:26:21.359
<v Speaker 4>justice in a disservice, but I had to pay him

0:26:21.359 --> 0:26:23.719
<v Speaker 4>out of my pocket to say thank you. He came in,

0:26:23.880 --> 0:26:28.000
<v Speaker 4>he was here for maybe ten minutes and left and

0:26:28.000 --> 0:26:31.159
<v Speaker 4>that was the last time I saw him until I

0:26:31.200 --> 0:26:32.800
<v Speaker 4>had to, you know, get in contact with him, like

0:26:32.880 --> 0:26:35.760
<v Speaker 4>how did this happen? And you know, his explanation was

0:26:37.280 --> 0:26:39.480
<v Speaker 4>pretty much, you don't have the size of a backyard

0:26:39.760 --> 0:26:42.680
<v Speaker 4>as the comparables. So I was like, no, this isn't

0:26:42.720 --> 0:26:44.639
<v Speaker 4>this is impossible. I literal drove around the neighborhood to

0:26:44.680 --> 0:26:47.040
<v Speaker 4>the comparables. I'm like, no, this is no way, no way.

0:26:47.600 --> 0:26:51.520
<v Speaker 4>And being that the process of getting the house was

0:26:51.520 --> 0:26:53.440
<v Speaker 4>time sensitive, I just had to say, you know what,

0:26:54.400 --> 0:26:56.040
<v Speaker 4>I'm just gonna have to take this one and then

0:26:56.080 --> 0:26:57.760
<v Speaker 4>we'll deal with this at a later time. My mortgage

0:26:57.800 --> 0:26:59.600
<v Speaker 4>broker at the time was like, you know, I don't

0:26:59.600 --> 0:27:02.680
<v Speaker 4>believe this. This is crazy, but at a certain extent,

0:27:02.720 --> 0:27:05.080
<v Speaker 4>you're at the bank's mercy, right, Like they're the one

0:27:05.119 --> 0:27:07.840
<v Speaker 4>that's approven you for the loan. They send their appraisal,

0:27:08.400 --> 0:27:09.879
<v Speaker 4>the person that do the appraisal, So it's like, what

0:27:09.880 --> 0:27:10.240
<v Speaker 4>do you do?

0:27:10.640 --> 0:27:12.879
<v Speaker 2>So at that point in time, he took ninety thousand

0:27:13.160 --> 0:27:18.240
<v Speaker 2>off the table, oh wealth right from your family pretty much? Yeah,

0:27:18.800 --> 0:27:19.800
<v Speaker 2>just his opinion. Yeah.

0:27:19.880 --> 0:27:21.280
<v Speaker 3>And that's the thing.

0:27:21.320 --> 0:27:23.399
<v Speaker 4>It's like a lot of people don't get to this

0:27:23.520 --> 0:27:26.080
<v Speaker 4>level to even see this type of discrimination, right because

0:27:26.119 --> 0:27:28.840
<v Speaker 4>how many people are in the position to even get

0:27:28.840 --> 0:27:30.919
<v Speaker 4>a home, you know what I mean. And it's like

0:27:32.080 --> 0:27:34.080
<v Speaker 4>I can tell this story, but it's like, who else

0:27:34.080 --> 0:27:36.280
<v Speaker 4>can relate to this? Because, like I said, when you

0:27:36.280 --> 0:27:38.240
<v Speaker 4>wrote it, I was like, wait, you're writing my story

0:27:38.320 --> 0:27:41.600
<v Speaker 4>and you're like no, this is happening everywhere. And I'm like, oh, oh,

0:27:41.680 --> 0:27:44.080
<v Speaker 4>now I have to take action. So I have taken

0:27:44.080 --> 0:27:45.720
<v Speaker 4>some actions, and it's still.

0:27:45.640 --> 0:27:48.000
<v Speaker 2>You know what's crazy. Somebody said on my Instagram that

0:27:49.080 --> 0:27:50.439
<v Speaker 2>she told the story. I don't know if for sure

0:27:50.480 --> 0:27:51.800
<v Speaker 2>or not, but I'm gonna give her the benefit down

0:27:51.840 --> 0:27:53.920
<v Speaker 2>say it's true. So she said that she had a

0:27:53.920 --> 0:27:57.840
<v Speaker 2>home of praise three times and each time, let's say

0:27:57.840 --> 0:28:01.199
<v Speaker 2>it was three hundred thousands roughly, I forget the number. Well,

0:28:01.240 --> 0:28:03.239
<v Speaker 2>let's say three hundred thousand. It was like solid three

0:28:03.280 --> 0:28:05.479
<v Speaker 2>hundred thousand, three times in a row. Yeah, she had

0:28:05.880 --> 0:28:09.040
<v Speaker 2>her white neighbor come for the fourth appraisal. She took

0:28:09.080 --> 0:28:11.920
<v Speaker 2>down all the pictures and the white neighbor answered the door.

0:28:12.160 --> 0:28:13.879
<v Speaker 2>Long story short, the praiser thought that it was a

0:28:13.880 --> 0:28:15.720
<v Speaker 2>white neighbor's home. You know how much it was a

0:28:15.760 --> 0:28:19.960
<v Speaker 2>praise for four hundred I think like four to ten

0:28:20.240 --> 0:28:22.320
<v Speaker 2>one hundred and ten thousand dollars more, just on an

0:28:22.320 --> 0:28:27.040
<v Speaker 2>opinion because he saw a white person. Yeah, it happens.

0:28:27.440 --> 0:28:30.600
<v Speaker 4>Look, I'm like, we're literally I lived it and I'm

0:28:30.640 --> 0:28:32.399
<v Speaker 4>still living in it, and it's like wow, And I

0:28:32.440 --> 0:28:34.480
<v Speaker 4>try to get that message out like yo, this is happening.

0:28:34.720 --> 0:28:36.600
<v Speaker 4>But like I said, like who can relate to it?

0:28:36.720 --> 0:28:39.040
<v Speaker 4>Like a lot of my peers are, you know, are

0:28:39.120 --> 0:28:41.640
<v Speaker 4>renting and they're not in the process.

0:28:41.240 --> 0:28:43.000
<v Speaker 3>Of owning a home yet and they will be.

0:28:43.080 --> 0:28:46.320
<v Speaker 4>But it's like, oh, this is how how is this possible?

0:28:46.400 --> 0:28:49.600
<v Speaker 4>So like what would be the answer to eliminate that?

0:28:50.000 --> 0:28:51.640
<v Speaker 4>Like you know what I mean, Like we have to

0:28:51.640 --> 0:28:55.440
<v Speaker 4>get our own independent appraiser. Yeah, but that independent appraiser

0:28:55.760 --> 0:28:57.960
<v Speaker 4>doesn't necessarily work for the bengk who's giving you the loan,

0:28:58.800 --> 0:28:59.920
<v Speaker 4>So it's like what do you do?

0:29:01.560 --> 0:29:03.840
<v Speaker 2>Yeah, it was an interesting this discussion on my Instagram

0:29:03.880 --> 0:29:05.680
<v Speaker 2>page because then some appraisers came in. It was actually

0:29:05.720 --> 0:29:07.160
<v Speaker 2>hoping to get somebody in the praiser to come in

0:29:07.200 --> 0:29:11.440
<v Speaker 2>as a guest, but we wasn't able to. But uh yeah, yeah,

0:29:11.640 --> 0:29:14.840
<v Speaker 2>it's a I don't know, it's an unfortunate situation that

0:29:15.080 --> 0:29:17.080
<v Speaker 2>it's just stuff like that people don't even aren't really

0:29:17.080 --> 0:29:18.680
<v Speaker 2>even thinking about, right, like you hit about like the

0:29:18.680 --> 0:29:22.720
<v Speaker 2>hardcore racism stuff, but little stuff like that that's real wealth.

0:29:22.800 --> 0:29:26.120
<v Speaker 2>That's so your ninety so your situation was ninety thousand dollars, right,

0:29:26.120 --> 0:29:27.840
<v Speaker 2>so now you can see how a hundred when you

0:29:27.840 --> 0:29:29.640
<v Speaker 2>hear about one hundred and fifty six billion, like that's

0:29:29.640 --> 0:29:32.440
<v Speaker 2>a large number, but how many people are like you,

0:29:32.640 --> 0:29:36.520
<v Speaker 2>ninety thousand here, one hundred thousand here, thirty thousands? Ye up, yeah,

0:29:37.440 --> 0:29:39.240
<v Speaker 2>that's all right. And like you said, like that's part

0:29:39.240 --> 0:29:42.920
<v Speaker 2>of that generational wealth. And that's not even a black neighborhood.

0:29:42.680 --> 0:29:45.960
<v Speaker 4>Right right, It just was that, Hey, they saw the

0:29:45.960 --> 0:29:48.480
<v Speaker 4>family that was here, and this is what we're saying

0:29:48.520 --> 0:29:51.239
<v Speaker 4>it is, and take it or leave it. And if

0:29:51.280 --> 0:29:52.720
<v Speaker 4>you leave it, then you're not going to get this

0:29:52.760 --> 0:29:54.160
<v Speaker 4>own because we're not approving you for.

0:29:54.200 --> 0:30:02.239
<v Speaker 2>This one m yep, well yeah is ricked all right,

0:30:02.320 --> 0:30:06.080
<v Speaker 2>boys and girls. So now is my favorite part of

0:30:06.080 --> 0:30:10.240
<v Speaker 2>the show. Storytime. Here's a little story that must be

0:30:10.400 --> 0:30:13.680
<v Speaker 2>So listen up, gangsters and honeys with your head done

0:30:13.720 --> 0:30:15.880
<v Speaker 2>the best story tell us stuff now, right, UNA say,

0:30:15.880 --> 0:30:17.640
<v Speaker 2>if pray out it's gray down, it's great up. All right.

0:30:17.680 --> 0:30:20.480
<v Speaker 4>So this, this story actually starts as a lesson plan.

0:30:21.000 --> 0:30:23.080
<v Speaker 4>And one of the things we do in the summer

0:30:23.160 --> 0:30:27.160
<v Speaker 4>is teach financial literacy. And I was listening to Reasonable

0:30:27.160 --> 0:30:30.080
<v Speaker 4>Doubt that President's tool was on and I heard the

0:30:30.160 --> 0:30:33.120
<v Speaker 4>line all black Scott is sports and entertainment until we

0:30:33.240 --> 0:30:35.600
<v Speaker 4>even and it just stuck with me, and I was like,

0:30:35.680 --> 0:30:38.080
<v Speaker 4>damn is this like Jay right?

0:30:38.200 --> 0:30:39.760
<v Speaker 3>Like is he right when he says that? Like what

0:30:39.760 --> 0:30:40.520
<v Speaker 3>does that even mean?

0:30:41.080 --> 0:30:45.120
<v Speaker 4>And I started thinking about success and what images we

0:30:45.160 --> 0:30:47.560
<v Speaker 4>think of when we think of success, and over and

0:30:47.600 --> 0:30:51.640
<v Speaker 4>over I kept saying, Wow, yeah, entertainment, damn, yep, sports.

0:30:52.040 --> 0:30:52.400
<v Speaker 2>Okay.

0:30:52.920 --> 0:30:56.160
<v Speaker 4>So when we sat down with our kids, I came

0:30:56.240 --> 0:30:58.480
<v Speaker 4>up with this idea that you know what, give them

0:30:58.680 --> 0:31:03.480
<v Speaker 4>eight pictures of celebrities, and lo and behold, they could

0:31:03.520 --> 0:31:06.000
<v Speaker 4>name all eight, all eight. They were eight for eight

0:31:06.480 --> 0:31:10.120
<v Speaker 4>and the celebrities I believe with doctor dre Jay z Beyonce,

0:31:10.640 --> 0:31:11.680
<v Speaker 4>Floyd Mayweather.

0:31:11.440 --> 0:31:13.200
<v Speaker 3>Was on there, Puff was on there. It was like,

0:31:13.200 --> 0:31:14.480
<v Speaker 3>all right, well they know all of those.

0:31:15.000 --> 0:31:17.480
<v Speaker 4>And then I gave him another sheet with eight pictures

0:31:17.760 --> 0:31:21.480
<v Speaker 4>and I asked him to name them, and they got

0:31:21.560 --> 0:31:23.440
<v Speaker 4>one out of the eight and the one person was

0:31:23.440 --> 0:31:27.760
<v Speaker 4>Oprah Winfree and I told them that the interesting thing

0:31:27.880 --> 0:31:30.920
<v Speaker 4>is that you recognized that every celebrity, but you only

0:31:31.000 --> 0:31:35.400
<v Speaker 4>knew one of the wealthiest people of color in the world.

0:31:36.080 --> 0:31:39.160
<v Speaker 3>And their minds were blown. And I was like, well,

0:31:40.680 --> 0:31:41.080
<v Speaker 3>this is.

0:31:41.040 --> 0:31:44.280
<v Speaker 4>Why, right, because all we've been we see is sports

0:31:44.280 --> 0:31:47.120
<v Speaker 4>and entertainment. So we went to the number one person,

0:31:47.160 --> 0:31:49.560
<v Speaker 4>the wealthiest black person or person of color in the

0:31:49.720 --> 0:31:52.880
<v Speaker 4>entire world, well black person not even personal African descent,

0:31:53.760 --> 0:31:58.400
<v Speaker 4>and we came to the name Aliko then goatee, Aliko

0:31:58.520 --> 0:32:03.280
<v Speaker 4>dan Goti. He's actually from Nigeria and it's networth this year,

0:32:03.560 --> 0:32:06.240
<v Speaker 4>well in twenty eighteen was ten point seven billion.

0:32:09.000 --> 0:32:13.280
<v Speaker 2>Yeah, so Aliko Dane Gote. We wanted to cover him

0:32:13.320 --> 0:32:16.080
<v Speaker 2>for a few different reasons, but shout out to Africa.

0:32:16.240 --> 0:32:19.160
<v Speaker 2>We have a lot of listeners in Africa and the

0:32:19.280 --> 0:32:22.280
<v Speaker 2>UK and all over and you know, Obviously we live

0:32:22.320 --> 0:32:25.160
<v Speaker 2>in America, so most of our stories are based off

0:32:25.160 --> 0:32:29.240
<v Speaker 2>of Americans. But we're we're bigger than's just America. Right,

0:32:29.280 --> 0:32:31.120
<v Speaker 2>you know, the world, as I always say, the world

0:32:31.160 --> 0:32:33.240
<v Speaker 2>is flat, So we want to show up to every

0:32:33.280 --> 0:32:35.680
<v Speaker 2>part of the world and to give inspiration to every

0:32:35.680 --> 0:32:37.600
<v Speaker 2>part of the world as well. Right. So, as you said,

0:32:37.640 --> 0:32:39.920
<v Speaker 2>the richest black person in the world, African descent, whatever

0:32:39.920 --> 0:32:43.160
<v Speaker 2>you want to call it, is from Nigeria. Right, He's

0:32:43.160 --> 0:32:45.120
<v Speaker 2>worth ten billion dollars. So we're going to tell his story,

0:32:45.880 --> 0:32:48.600
<v Speaker 2>so because I'm pretty sure that most people aren't familiar

0:32:48.600 --> 0:32:48.880
<v Speaker 2>with him.

0:32:48.920 --> 0:32:50.960
<v Speaker 4>Yeah, I mean, every time I've brought him up in conversation,

0:32:51.320 --> 0:32:54.840
<v Speaker 4>people will say who is that? And it's it's ironic,

0:32:54.840 --> 0:32:56.360
<v Speaker 4>Like we know who Floyd made Weather is, and we

0:32:56.400 --> 0:32:59.520
<v Speaker 4>know who Jay Z and I mean, they've had huge

0:32:59.520 --> 0:33:03.520
<v Speaker 4>amount of sys but those three people, they're not worth

0:33:03.800 --> 0:33:04.680
<v Speaker 4>doesn't even add up to.

0:33:04.680 --> 0:33:07.320
<v Speaker 2>His No, it's not even closed. So all right, So Aliko,

0:33:07.720 --> 0:33:11.880
<v Speaker 2>he he comes from Nigeria, right, and he uh, he

0:33:11.960 --> 0:33:16.120
<v Speaker 2>starts in twenty one in the concrete business. So he

0:33:16.160 --> 0:33:19.000
<v Speaker 2>comes from a wealthy family already nowhere near where he

0:33:19.080 --> 0:33:21.960
<v Speaker 2>is now, but he comes from a wealthy family. So

0:33:22.040 --> 0:33:23.760
<v Speaker 2>that's no, that's another thing too. We have to keep

0:33:23.800 --> 0:33:25.360
<v Speaker 2>in mind because even with the whole thing with Coylie

0:33:25.440 --> 0:33:27.000
<v Speaker 2>Jenner as far as what self made, that's that was

0:33:27.120 --> 0:33:29.880
<v Speaker 2>big on the page. And we have to keep in

0:33:29.960 --> 0:33:33.520
<v Speaker 2>mind that there are black wealthy people, right.

0:33:33.440 --> 0:33:37.160
<v Speaker 4>Like his grandfather was wealthy, the wealthiest person in West Africage.

0:33:37.200 --> 0:33:41.040
<v Speaker 2>Yeah, so and there's nothing wrong with we have to

0:33:41.080 --> 0:33:43.400
<v Speaker 2>get out of that mind like, there's nothing to be

0:33:43.400 --> 0:33:45.560
<v Speaker 2>embarrassed about if your if your family has money. But

0:33:45.600 --> 0:33:47.680
<v Speaker 2>that's what we should strive to do to actually leave

0:33:47.760 --> 0:33:50.240
<v Speaker 2>a legacy for our kids. And it's like we almost

0:33:50.320 --> 0:33:54.520
<v Speaker 2>like are embarrassed if if we have any leg up.

0:33:55.080 --> 0:33:57.400
<v Speaker 2>I mean like it's it's kind of backwards way of thinking.

0:33:57.560 --> 0:34:00.520
<v Speaker 2>But so, yeah, he comes from a wealthy family, but

0:34:01.320 --> 0:34:03.479
<v Speaker 2>nowhere near where he is now. So at twenty one,

0:34:03.520 --> 0:34:08.239
<v Speaker 2>he starts a concrete business, right and from there it's

0:34:08.239 --> 0:34:09.920
<v Speaker 2>a five thousand dollars loone that he got from his

0:34:10.040 --> 0:34:13.480
<v Speaker 2>uncle to start the business. From there, he parlayed that

0:34:14.000 --> 0:34:22.560
<v Speaker 2>into pretty much everything in Nigeria, agriculture, food, telecommunications.

0:34:21.480 --> 0:34:24.799
<v Speaker 3>Banking, petroleum banking, petroleum, sugar flowers.

0:34:24.600 --> 0:34:28.600
<v Speaker 2>Sugar flower everything. He's guys, guy's hands and everything. Everything

0:34:28.640 --> 0:34:31.360
<v Speaker 2>in the country is pretty much he's involved with in

0:34:31.400 --> 0:34:34.359
<v Speaker 2>one way or the other. He's heavy in politics everything, right,

0:34:34.719 --> 0:34:38.600
<v Speaker 2>So what he's doing now is that he is taking

0:34:38.640 --> 0:34:42.120
<v Speaker 2>a major risk. But that's what business is about, right.

0:34:42.360 --> 0:34:46.840
<v Speaker 2>He's taking a major risk and building a twelve billion

0:34:46.920 --> 0:34:51.640
<v Speaker 2>dollar petroleum refinery, yes, right in Nigeria.

0:34:51.280 --> 0:34:56.040
<v Speaker 4>So just a quick couple things about Nigeria. Nigeria is

0:34:56.120 --> 0:34:59.319
<v Speaker 4>Africa's largest oil producer, so that's just the first thing. Now,

0:34:59.360 --> 0:35:02.040
<v Speaker 4>they have the control of i think the tenth largest

0:35:02.040 --> 0:35:03.880
<v Speaker 4>oil reserves in the country.

0:35:04.160 --> 0:35:05.120
<v Speaker 3>Oh and I'm sorry in the.

0:35:05.040 --> 0:35:09.560
<v Speaker 4>World, in the world, but they don't take their resource,

0:35:09.560 --> 0:35:12.360
<v Speaker 4>not their resources, but they don't have refineries that are

0:35:12.360 --> 0:35:14.640
<v Speaker 4>efficient enough to get it throughout the entire time.

0:35:14.760 --> 0:35:16.480
<v Speaker 2>Yeah. So the thing about Nigeria is that they have

0:35:16.640 --> 0:35:19.840
<v Speaker 2>the tenth largest oil reserve, like you said, in the world,

0:35:20.440 --> 0:35:24.439
<v Speaker 2>but they only have four state run refineries and those

0:35:24.440 --> 0:35:27.319
<v Speaker 2>are old. So what happens is that they have to

0:35:27.680 --> 0:35:31.000
<v Speaker 2>import most of their petroleum, which makes no sense, right

0:35:31.040 --> 0:35:35.160
<v Speaker 2>because you have so much petroleum in your backyard literally,

0:35:35.520 --> 0:35:37.600
<v Speaker 2>but you have to import it because you don't have

0:35:37.600 --> 0:35:40.560
<v Speaker 2>the infrastructure actually produce it. Yourself. So that's his thing.

0:35:40.600 --> 0:35:42.120
<v Speaker 2>His thing is like why do we why don't we

0:35:42.200 --> 0:35:43.719
<v Speaker 2>have to bring in all of this stuff from the

0:35:43.719 --> 0:35:45.960
<v Speaker 2>Middle East and all these other different countries when we

0:35:46.040 --> 0:35:49.200
<v Speaker 2>have it right here. So he's building a twelve billion

0:35:49.320 --> 0:35:54.399
<v Speaker 2>dollar refinery and what that will do is make it well,

0:35:54.480 --> 0:35:57.400
<v Speaker 2>a is going to be the largest petroleum refinery.

0:35:57.120 --> 0:35:57.520
<v Speaker 3>In the world.

0:35:57.600 --> 0:35:58.279
<v Speaker 2>Yeah, in the world.

0:35:58.480 --> 0:36:01.799
<v Speaker 4>I literally he went out and this is built on wasteland.

0:36:01.920 --> 0:36:06.200
<v Speaker 4>So he I mean again, his business helps with this process,

0:36:06.280 --> 0:36:09.200
<v Speaker 4>right because he has the concrete, and he has the

0:36:09.280 --> 0:36:11.680
<v Speaker 4>trucks and he has all these things that help build it.

0:36:11.880 --> 0:36:14.120
<v Speaker 4>So he's building it right now. I believe it's off

0:36:14.120 --> 0:36:17.680
<v Speaker 4>the south coast of Nigeria. But yeah, like let's build

0:36:17.680 --> 0:36:21.040
<v Speaker 4>this refinery because there's no point of us important anymore.

0:36:21.440 --> 0:36:24.880
<v Speaker 2>Right, So that's going to take if all goes well.

0:36:24.960 --> 0:36:28.399
<v Speaker 2>So right now, his company made four billion dollars in revenue. Shit,

0:36:28.760 --> 0:36:30.520
<v Speaker 2>if all goes well, that's going to take it from

0:36:30.560 --> 0:36:33.160
<v Speaker 2>his company from four billion to thirty billion. Yeah.

0:36:33.200 --> 0:36:36.760
<v Speaker 4>So the key part about that is that sixty percent

0:36:36.840 --> 0:36:39.640
<v Speaker 4>of Nigeria, right is not they're not connected to the

0:36:39.960 --> 0:36:43.040
<v Speaker 4>power grid sixty percent. And when the people who are

0:36:43.080 --> 0:36:44.960
<v Speaker 4>they have like four hours of power at a time.

0:36:45.080 --> 0:36:48.000
<v Speaker 4>So there's like long history of blackouts in the country.

0:36:48.239 --> 0:36:51.040
<v Speaker 4>So he has a chance to provide electricity now to

0:36:51.120 --> 0:36:52.080
<v Speaker 4>an entire country.

0:36:52.160 --> 0:36:54.080
<v Speaker 2>Yeah, well, yes, he has a chance to change the

0:36:54.080 --> 0:36:57.319
<v Speaker 2>course of Nigeria forever, forever and also change the court

0:36:57.440 --> 0:37:01.000
<v Speaker 2>of Africa as well, the entire continent, right exactly, So

0:37:01.600 --> 0:37:03.920
<v Speaker 2>what he's doing is more than just money, right, he

0:37:04.000 --> 0:37:09.520
<v Speaker 2>has actual chance to really leave a legacy forever when

0:37:09.560 --> 0:37:11.640
<v Speaker 2>it comes to Africa. And then of course money plays

0:37:11.640 --> 0:37:12.960
<v Speaker 2>a part as well. As I said, it takes his

0:37:13.000 --> 0:37:15.560
<v Speaker 2>company from four billion to thirty billions, So now he's

0:37:16.040 --> 0:37:17.800
<v Speaker 2>a billionaire. Now. I think he was like number on

0:37:17.840 --> 0:37:18.440
<v Speaker 2>hundred on the.

0:37:18.360 --> 0:37:21.239
<v Speaker 4>List, yeah he I think his highest rank on the

0:37:21.239 --> 0:37:23.000
<v Speaker 4>list was like twenty five. He was up to like

0:37:23.040 --> 0:37:24.600
<v Speaker 4>twenty twenty five billion.

0:37:24.760 --> 0:37:27.120
<v Speaker 2>Yeah, a couple of things, but this does now, this

0:37:27.120 --> 0:37:29.479
<v Speaker 2>puts him in like the top twenty. Now now he's

0:37:29.520 --> 0:37:32.640
<v Speaker 2>in there with Bloomberg and guys like that. Right, So

0:37:33.080 --> 0:37:35.960
<v Speaker 2>that changed the trajectory of wealth as well. But as

0:37:36.000 --> 0:37:38.239
<v Speaker 2>I said, more importantly, like you said, sixty percent of

0:37:38.239 --> 0:37:42.680
<v Speaker 2>the country doesn't have electricity. They're the tenth largest oil

0:37:42.719 --> 0:37:45.360
<v Speaker 2>producing country, but they have to import all their oil,

0:37:45.800 --> 0:37:49.440
<v Speaker 2>so it makes himself reliant. They can keep all their

0:37:49.480 --> 0:37:52.799
<v Speaker 2>resources at home now, and it sets a trend for

0:37:53.200 --> 0:37:57.640
<v Speaker 2>West Africa and the whole Sub Saharan Africa as a whole, right,

0:37:57.719 --> 0:38:00.640
<v Speaker 2>because we all know that Africa is the richest continent

0:38:01.040 --> 0:38:05.000
<v Speaker 2>as far as minerals and what's in the earth, but

0:38:05.280 --> 0:38:09.960
<v Speaker 2>unfortunately it's the poorest continent economically, right, So hopefully this

0:38:09.960 --> 0:38:13.560
<v Speaker 2>will be a trend that countries can follow in businessmen

0:38:13.680 --> 0:38:16.000
<v Speaker 2>in the countries can follow where now the wealth is

0:38:16.040 --> 0:38:19.120
<v Speaker 2>actually kept in Africa and they're producing for themselves and

0:38:19.120 --> 0:38:21.479
<v Speaker 2>they're keeping it for themselves, right, So there's two sides

0:38:21.520 --> 0:38:25.000
<v Speaker 2>to every story, right. So a lot of people aren't

0:38:25.040 --> 0:38:28.560
<v Speaker 2>big fans of his because they said that, you know,

0:38:28.680 --> 0:38:32.760
<v Speaker 2>he has a lot of money offshore and some shaky

0:38:32.800 --> 0:38:36.399
<v Speaker 2>business practices, pays on the politicians.

0:38:38.880 --> 0:38:40.920
<v Speaker 4>So his wealth, right, and when we look at our

0:38:40.960 --> 0:38:44.040
<v Speaker 4>country and we think of the wealthiest people in the world,

0:38:44.080 --> 0:38:47.319
<v Speaker 4>and we know that one percent of the population has

0:38:47.320 --> 0:38:50.600
<v Speaker 4>more money than ninety nine percent, so his statistic is

0:38:50.640 --> 0:38:53.160
<v Speaker 4>even larger because yes, I think fifty percent of the

0:38:53.160 --> 0:38:55.239
<v Speaker 4>country does live in poverty. And you have now a

0:38:55.280 --> 0:38:57.880
<v Speaker 4>man who's in the top one hundred wealthiest people in

0:38:57.920 --> 0:39:00.440
<v Speaker 4>the world. So the disparacy is even greatest people are

0:39:00.440 --> 0:39:01.319
<v Speaker 4>looking at that, Like.

0:39:01.520 --> 0:39:03.480
<v Speaker 2>But that's not just his I mean, look at Carlos

0:39:03.520 --> 0:39:04.640
<v Speaker 2>Slim right in Mexico.

0:39:04.760 --> 0:39:05.359
<v Speaker 3>Another person.

0:39:05.400 --> 0:39:08.360
<v Speaker 2>I look at his billion of billionaires in India or

0:39:08.360 --> 0:39:12.319
<v Speaker 2>even America, right, so that's all over the world. Yeah,

0:39:12.560 --> 0:39:14.839
<v Speaker 2>But like I said this, you know, there's there's some

0:39:14.840 --> 0:39:17.440
<v Speaker 2>some rumors that you know, he's done some things, which

0:39:17.640 --> 0:39:20.279
<v Speaker 2>I mean most business people have on a certain level. Right,

0:39:20.360 --> 0:39:22.720
<v Speaker 2>But then he also has a charity where he's donated

0:39:22.760 --> 0:39:24.520
<v Speaker 2>one point two billion dollars of his own wealth.

0:39:24.600 --> 0:39:26.720
<v Speaker 3>Yeah, I believe him and Bill Gates or doing.

0:39:26.520 --> 0:39:28.319
<v Speaker 2>He's doing somethuff with Bill Gates. Well, but then he

0:39:28.360 --> 0:39:31.160
<v Speaker 2>also built two hundred homes for poor people.

0:39:31.320 --> 0:39:34.000
<v Speaker 4>Yeah, so he and he said his favorite so he

0:39:34.800 --> 0:39:37.040
<v Speaker 4>for the first twenty years of business, so he started

0:39:37.080 --> 0:39:39.560
<v Speaker 4>his company, I believe in nineteen seventy seven, first twenty

0:39:39.640 --> 0:39:42.799
<v Speaker 4>years of business, refused to travel, did not travel at all.

0:39:43.000 --> 0:39:45.520
<v Speaker 2>Yeah, that's no vacation. So that's because that goes back

0:39:45.520 --> 0:39:47.880
<v Speaker 2>to the college everything, right, where I say, Okay, you

0:39:47.920 --> 0:39:49.920
<v Speaker 2>start with money. Obviously, if you start with money, you

0:39:49.920 --> 0:39:52.160
<v Speaker 2>have a leg up. It's obvious, right, but you still

0:39:52.200 --> 0:39:54.360
<v Speaker 2>have to work the money to make it more money.

0:39:54.400 --> 0:39:56.920
<v Speaker 2>So the guy didn't take a vacation for twenty years.

0:39:56.920 --> 0:40:00.040
<v Speaker 2>Twenty years now he took vacation now, But for the

0:40:00.040 --> 0:40:01.960
<v Speaker 2>first twenty years in business, he didn't take a vacation.

0:40:02.040 --> 0:40:03.799
<v Speaker 4>It's ratio now is for every two weeks he works,

0:40:03.840 --> 0:40:06.000
<v Speaker 4>he takes a vacation. I gotta get we have to

0:40:06.000 --> 0:40:08.040
<v Speaker 4>get to that r Yeah. I mean, that's an amazing.

0:40:08.520 --> 0:40:13.880
<v Speaker 2>It's like how many people take vacations just because it

0:40:13.880 --> 0:40:15.640
<v Speaker 2>shouldn't be. It can't afford it.

0:40:15.600 --> 0:40:18.080
<v Speaker 3>Right, You you have no money and you're still taking

0:40:18.160 --> 0:40:19.440
<v Speaker 3>vacations just for the hell of it.

0:40:19.440 --> 0:40:21.479
<v Speaker 2>You're going to Miami just just cause it's funny.

0:40:21.480 --> 0:40:24.040
<v Speaker 3>You said Miami. Because when he said the two favorite places.

0:40:23.760 --> 0:40:27.120
<v Speaker 2>Of traveling Atlanta in Miami, Atlanta at Miami, that's pretty random.

0:40:27.680 --> 0:40:29.960
<v Speaker 2>I'ma be honest with you. If I'm one of the

0:40:30.040 --> 0:40:32.440
<v Speaker 2>richest people in the world, I love Miami. I love

0:40:32.480 --> 0:40:36.319
<v Speaker 2>Atlanta too, those would not be my two top travel desers.

0:40:36.360 --> 0:40:38.319
<v Speaker 3>Well, where you're coming from, though you're coming from New York.

0:40:38.360 --> 0:40:39.800
<v Speaker 2>It doesn't no matter where I'm coming from.

0:40:40.239 --> 0:40:41.400
<v Speaker 3>Somebody who's in Nigeria.

0:40:41.400 --> 0:40:43.960
<v Speaker 4>That may look at that as like that's a tourist destination,

0:40:44.760 --> 0:40:46.320
<v Speaker 4>and we do it like pretty regularly.

0:40:49.360 --> 0:40:54.920
<v Speaker 2>Atlanta shot to Miami too. It's just a little random

0:40:54.960 --> 0:40:57.560
<v Speaker 2>for me, that's all. But yeah, those are his two favorite.

0:40:57.560 --> 0:40:59.080
<v Speaker 2>He actually owns a lot of property in Atlanta.

0:40:59.239 --> 0:41:02.880
<v Speaker 4>Yeah, he I think he had a residency out there,

0:41:03.360 --> 0:41:05.880
<v Speaker 4>but now I think he's staying at some like luxurious

0:41:06.560 --> 0:41:07.600
<v Speaker 4>like resort there.

0:41:07.640 --> 0:41:10.160
<v Speaker 2>Now, yeah, I mean theig gout, he's bailing out of control.

0:41:10.200 --> 0:41:12.000
<v Speaker 2>But the thing about it also is that so this

0:41:12.080 --> 0:41:14.120
<v Speaker 2>flip sides to every coin, right, So some people say

0:41:14.120 --> 0:41:15.799
<v Speaker 2>it's a bad guy, some people say it's a good guy.

0:41:17.280 --> 0:41:21.080
<v Speaker 2>I learned that life is complicated, right, So when I

0:41:21.120 --> 0:41:23.440
<v Speaker 2>was in Colombia, I went to Columbia Attle while ago.

0:41:23.840 --> 0:41:27.719
<v Speaker 2>And obviously when you think of Columbia, who do you

0:41:27.719 --> 0:41:34.000
<v Speaker 2>think of It's a legend. So everybody knows story. I

0:41:34.000 --> 0:41:36.200
<v Speaker 2>don't have to tell a story. Half of the country

0:41:36.280 --> 0:41:40.359
<v Speaker 2>hates him, despises him, and half of the country loves him. Right,

0:41:40.480 --> 0:41:42.799
<v Speaker 2>So depending on who you talk to, you're gonna get

0:41:42.800 --> 0:41:46.000
<v Speaker 2>a different story. So if you talk to some of

0:41:46.040 --> 0:41:48.600
<v Speaker 2>the people that he might be responsible for killing, and

0:41:48.960 --> 0:41:51.600
<v Speaker 2>you know, ruining lives and all his things. Then they

0:41:51.600 --> 0:41:53.359
<v Speaker 2>would tell you that he's the devil, he's the worst

0:41:53.360 --> 0:41:55.880
<v Speaker 2>person in the world. But then I went to a community.

0:41:55.880 --> 0:41:58.200
<v Speaker 2>I forget what it's called, but it's Pablo Eskebar community

0:41:58.200 --> 0:42:02.520
<v Speaker 2>where he built I think, like three homes for poor people, right,

0:42:02.600 --> 0:42:04.880
<v Speaker 2>And he built the whole community. He built the hospital,

0:42:04.920 --> 0:42:09.080
<v Speaker 2>he built homes, restaurants, grocery stores, He literally built the

0:42:09.080 --> 0:42:12.000
<v Speaker 2>community for poor people and everybody lived rent free, everybody

0:42:12.000 --> 0:42:15.799
<v Speaker 2>had a home. They got murals of them on the wall.

0:42:15.960 --> 0:42:17.839
<v Speaker 2>To this day, they still got murals of them, like

0:42:18.880 --> 0:42:22.880
<v Speaker 2>he's he's a saint. Right. So life is complicated, right,

0:42:22.880 --> 0:42:26.400
<v Speaker 2>And depending on who you ask opinion, you're going to

0:42:26.440 --> 0:42:27.520
<v Speaker 2>get a clearly different answer.

0:42:27.920 --> 0:42:30.959
<v Speaker 4>So there was some negative press where people had lived

0:42:31.000 --> 0:42:33.200
<v Speaker 4>near the land and he came in, he cleared off

0:42:34.640 --> 0:42:37.239
<v Speaker 4>so that's it didn't provide homes or anything.

0:42:37.320 --> 0:42:39.560
<v Speaker 2>So they said he cleared off the land to make wrong.

0:42:40.040 --> 0:42:42.480
<v Speaker 2>But then he built two hundred homes for poor people.

0:42:43.160 --> 0:42:44.279
<v Speaker 2>So it's like and.

0:42:44.200 --> 0:42:45.480
<v Speaker 4>His thing is like he doesn't even want to be

0:42:45.520 --> 0:42:48.520
<v Speaker 4>remembered as the wealthiest person of African descent. He'd rather

0:42:48.520 --> 0:42:51.279
<v Speaker 4>be known as a philanthropist and that's honorable, Like he

0:42:51.400 --> 0:42:53.600
<v Speaker 4>just wants to be the person that has given back,

0:42:53.800 --> 0:42:55.800
<v Speaker 4>and he has a chance to like what we said,

0:42:56.080 --> 0:42:59.640
<v Speaker 4>if you think about it, like his country relies on imports,

0:42:59.719 --> 0:43:03.279
<v Speaker 4>he has a chance to reverse their entire trajectory and

0:43:03.360 --> 0:43:07.040
<v Speaker 4>be a country that is pretty much making their revenue

0:43:07.160 --> 0:43:09.360
<v Speaker 4>from exporting their resources.

0:43:09.360 --> 0:43:11.319
<v Speaker 2>So that's I mean, now that's a good story. And

0:43:11.360 --> 0:43:15.400
<v Speaker 2>then also it's just you know, we like to highlight

0:43:16.200 --> 0:43:20.800
<v Speaker 2>business people and we want to give people inspiration and

0:43:20.920 --> 0:43:23.440
<v Speaker 2>hope and just just different figures. Right, Like we all

0:43:23.480 --> 0:43:25.640
<v Speaker 2>know who Warren Buffett is. We know who Bill Gates is,

0:43:25.680 --> 0:43:27.520
<v Speaker 2>so why should we not know who he is?

0:43:28.400 --> 0:43:31.319
<v Speaker 4>I doubt and I mean I work in schools. This

0:43:31.400 --> 0:43:32.920
<v Speaker 4>is his name is never being brought up.

0:43:34.160 --> 0:43:36.120
<v Speaker 2>But there's a bunch of people. We got Robert Smith,

0:43:36.400 --> 0:43:40.080
<v Speaker 2>who's the richest Black American. He's a millionaire and a

0:43:40.080 --> 0:43:41.080
<v Speaker 2>lot of people don't know he.

0:43:41.200 --> 0:43:43.480
<v Speaker 3>They have, well Rob Johnson before him, and he wasn't

0:43:43.520 --> 0:43:43.880
<v Speaker 3>brought up.

0:43:44.080 --> 0:43:46.160
<v Speaker 2>But even Rob Johnson he's still in sports entertainment on

0:43:46.160 --> 0:43:48.560
<v Speaker 2>a certain level, but Robert Smith is in private equity.

0:43:48.680 --> 0:43:52.319
<v Speaker 2>So we're going to try to highlight different people from

0:43:52.360 --> 0:43:56.360
<v Speaker 2>different walks of life. But business in particular, because I

0:43:56.400 --> 0:44:00.640
<v Speaker 2>think it's important for people to see these people and

0:44:00.760 --> 0:44:02.080
<v Speaker 2>to just know about them. You don't have to be

0:44:02.120 --> 0:44:03.920
<v Speaker 2>a fan of them or not, but at least you

0:44:03.920 --> 0:44:04.719
<v Speaker 2>should be aware of it.

0:44:04.840 --> 0:44:07.520
<v Speaker 4>The power of presence and the power of perception. It's like,

0:44:07.719 --> 0:44:10.080
<v Speaker 4>at least I've seen somebody who can do that's doing this.

0:44:10.480 --> 0:44:13.319
<v Speaker 4>It's powerful. If we've never seen that, like, then we

0:44:13.400 --> 0:44:18.000
<v Speaker 4>may expire to be an athlete or somebody entertainment. It's like,

0:44:18.000 --> 0:44:20.680
<v Speaker 4>oh wait, there's somebody doing something else in this avenue.

0:44:21.239 --> 0:44:23.240
<v Speaker 4>Oh I can do this too, right, So the power

0:44:23.520 --> 0:44:29.359
<v Speaker 4>of just seeing yourself and somebody successful, you can't measure.

0:44:29.040 --> 0:44:31.320
<v Speaker 2>It now, you can't. And once again, shout out to Africa,

0:44:33.239 --> 0:44:40.760
<v Speaker 2>South Africa, to Nigeria, Ghana, Ethiopia, Somalia, all that, Egypt.

0:44:41.200 --> 0:44:44.799
<v Speaker 2>We're going to go to Africa very soon, I have. Unfortunately,

0:44:44.840 --> 0:44:48.279
<v Speaker 2>I have not been to Africa yet. I've been a

0:44:48.280 --> 0:44:50.160
<v Speaker 2>lot of different places, but I have not been to Africa.

0:44:50.239 --> 0:44:53.160
<v Speaker 2>So that's on my to do list. I'm looking forward

0:44:53.200 --> 0:44:56.400
<v Speaker 2>to it. I'm very excited and yeah, we're gonna get

0:44:56.400 --> 0:44:57.080
<v Speaker 2>out there for sure.

0:44:57.200 --> 0:44:57.759
<v Speaker 3>Absolutely.

0:44:58.440 --> 0:45:01.600
<v Speaker 2>All right, guys, Well again, thank you for rocking with

0:45:01.680 --> 0:45:04.120
<v Speaker 2>us and do not forget to subscribe to our YouTube,

0:45:04.360 --> 0:45:07.120
<v Speaker 2>check our website out, check our merch out, check Patreon out,

0:45:07.640 --> 0:45:11.560
<v Speaker 2>and yeah once again, just just also send you send

0:45:11.600 --> 0:45:13.440
<v Speaker 2>requests too, because what we want to start doing is

0:45:13.760 --> 0:45:17.160
<v Speaker 2>featuring maybe like a small businesses too that have success stories.

0:45:17.200 --> 0:45:18.920
<v Speaker 2>Cause we talk about your big companies, we're gonna talk

0:45:18.920 --> 0:45:22.799
<v Speaker 2>about small businesses as well. So dm us if you know,

0:45:22.960 --> 0:45:26.040
<v Speaker 2>if you have a good small business story, or if

0:45:26.040 --> 0:45:27.960
<v Speaker 2>you know somebody has a small business story, if you

0:45:27.960 --> 0:45:30.799
<v Speaker 2>could just d dm us a quick paragraph, nothing too crazy,

0:45:30.840 --> 0:45:32.799
<v Speaker 2>because we got to read it and we'll try to

0:45:32.840 --> 0:45:36.560
<v Speaker 2>feature that as well. And then also we got requests

0:45:36.600 --> 0:45:39.440
<v Speaker 2>for books book club, so I'm just going and just

0:45:40.440 --> 0:45:42.920
<v Speaker 2>each episode I'll say a book that I'm reading. So

0:45:43.080 --> 0:45:45.120
<v Speaker 2>right now, I'm currently reading a book called The Big

0:45:45.200 --> 0:45:49.480
<v Speaker 2>Short and it's about the subprime mortgage crisis in two

0:45:49.520 --> 0:45:51.759
<v Speaker 2>thousand and eight. Very interesting book if you're into that.

0:45:52.280 --> 0:45:54.600
<v Speaker 2>They have a movie about it actually as well. Steve

0:45:54.600 --> 0:45:56.600
<v Speaker 2>Carrell's in it is excellent movie and it just talks

0:45:56.600 --> 0:45:59.080
<v Speaker 2>about the financial system and how broken the financial system is,

0:45:59.080 --> 0:46:02.479
<v Speaker 2>how corrupt the financials amazing. It's dope, trust me, it's dope.

0:46:02.480 --> 0:46:05.760
<v Speaker 2>So Yeah, that's my that's my book. Tip of the week.

0:46:06.880 --> 0:46:09.480
<v Speaker 2>All right, all right, peace.

0:46:36.560 --> 0:46:40.240
<v Speaker 5>An illegal alien from Guatemala charged with raping a child

0:46:40.239 --> 0:46:44.040
<v Speaker 5>in Massachusetts. An MS thirteen gang member from Al Salvador

0:46:44.280 --> 0:46:48.440
<v Speaker 5>accused of murdering a Texas. Man of Venezuelan charged with

0:46:48.480 --> 0:46:52.400
<v Speaker 5>filming and selling child pornography in Michigan. These are just

0:46:52.480 --> 0:46:56.240
<v Speaker 5>some of the heinous migrant criminals caught because of President

0:46:56.280 --> 0:46:59.840
<v Speaker 5>Donald J. Trump's leadership. I'm Christine Noman. The United States

0:46:59.840 --> 0:47:04.320
<v Speaker 5>are scretary of homeland security. Under President Trump, Attempted illegal

0:47:04.360 --> 0:47:08.000
<v Speaker 5>border crossings are at the lowest levels ever recorded, and

0:47:08.080 --> 0:47:11.439
<v Speaker 5>over one hundred thousand illegal aliens have been arrested. If

0:47:11.440 --> 0:47:15.120
<v Speaker 5>you are here illegally, your next you will be fine

0:47:15.160 --> 0:47:19.279
<v Speaker 5>nearly one thousand dollars a day, imprisoned and deported, you

0:47:19.320 --> 0:47:22.880
<v Speaker 5>will never return. But if you register using our CBP

0:47:23.040 --> 0:47:25.759
<v Speaker 5>home app and leave now, you could be allowed to

0:47:25.840 --> 0:47:30.640
<v Speaker 5>return legally. Do what's right, leave now. Under President Trump,

0:47:30.800 --> 0:47:34.400
<v Speaker 5>America's laws, border and families will be protected.

0:47:34.480 --> 0:47:36.640
<v Speaker 3>Sponsored by the United States Department of Homeland Security,