WEBVTT - Mindset Matters 0:00:00.240 --> 0:00:02.960 Welcome the Money in Wealth with John Hob Bryant, a 0:00:03.040 --> 0:00:15.400 production of the Black Effect Podcast Network and iHeartRadio. Hey. 0:00:15.440 --> 0:00:18.279 Hey is John Hope Bryant, and this is Money and 0:00:18.320 --> 0:00:22.760 Wealth on the Black Effect Podcast Network. I'm the founder 0:00:22.800 --> 0:00:25.920 of Operation Hope and other for private companies. I'm an 0:00:26.079 --> 0:00:31.880 entrepreneur and this is my weekly ministry of Hope. I 0:00:31.920 --> 0:00:35.960 promote the Black Coffee Company at the twenty twenty four 0:00:36.240 --> 0:00:40.600 Black Effect Podcast Festival, which happened a couple months ago 0:00:40.960 --> 0:00:44.640 here in Atlanta, the moral capital of America, and the 0:00:44.680 --> 0:00:51.239 Black Coffee Company. I was introduced there by Charlemagne by 0:00:51.320 --> 0:00:54.480 God and because he hosted the whole thing obviously, and 0:00:54.560 --> 0:00:59.400 he featured them, and specifically, Nicky Sparrow of iHeartRadio walked 0:00:59.440 --> 0:01:02.560 me over and said, you've got to meet these brothers, 0:01:03.600 --> 0:01:06.880 and she was not wrong, and I was very impressed 0:01:06.880 --> 0:01:10.600 with them. First, they're five founders, and they weren't playing 0:01:10.640 --> 0:01:13.440 games with each other. They weren't ego tripping. They weren't 0:01:13.480 --> 0:01:15.920 trying to argue about who had the bigger title, or 0:01:15.920 --> 0:01:18.479 who was going to speak to me or not. They 0:01:18.520 --> 0:01:21.959 weren't playing crab in the barrel. They weren't rolling their 0:01:22.000 --> 0:01:24.920 eyes at each other, or flipping each other off, or 0:01:24.920 --> 0:01:29.240 playing silly games. And as simple as this sounds, this 0:01:29.280 --> 0:01:33.920 is a miracle. A camel is a horse designed by committee. 0:01:34.080 --> 0:01:36.120 And if you got people working together who are not 0:01:36.280 --> 0:01:40.600 emotionally stable, who are not normal, to be normal is 0:01:40.720 --> 0:01:46.720 sort of apt normal these days, increasingly, if you're not 0:01:46.720 --> 0:01:49.200 dealing with stable people, you're going to have an unstable 0:01:49.240 --> 0:01:54.240 everything else, And everything compounds. Success builds on itself. You 0:01:54.280 --> 0:01:56.280 build wealth in your sleep, you make money doing the day. 0:01:56.480 --> 0:02:00.840 Heard me say that before. And failure compounds, It builds 0:02:00.880 --> 0:02:03.720 on itself. You've heard me say, if you hang around 0:02:03.760 --> 0:02:05.400 nine broke people, you'll be the tenth. I'm going to 0:02:05.960 --> 0:02:09.680 break down in this podcast episode the Ministry of Hope, 0:02:10.160 --> 0:02:14.919 the Ministry of Finance. This week mindset matters, and I invested. 0:02:15.080 --> 0:02:20.040 I'm sorry, Operation Hope. Hope Ventures specifically invested twenty five 0:02:20.120 --> 0:02:24.239 thousand dollars into the Black Coffee Company in Atlanta. Yes 0:02:24.280 --> 0:02:26.680 they've got a great product, Yes it tastes good, Yes 0:02:26.720 --> 0:02:31.120 it's delicious, but they also are well run. Best I 0:02:31.160 --> 0:02:34.840 can tell they're doing it the right way. I'm not 0:02:34.880 --> 0:02:36.560 in there. I've not been into the depths of their 0:02:36.560 --> 0:02:38.640 books and records, So I'm not endorsing all of that, 0:02:38.720 --> 0:02:40.640 but I am saying based on what I saw, I 0:02:40.720 --> 0:02:43.120 was impressed enough. And for the first time in thirty 0:02:43.120 --> 0:02:46.840 two years, Operation Hope through Hope Ventures, made a direct 0:02:46.840 --> 0:02:49.760 investment at a four hundred and fifty thousand semi black 0:02:49.800 --> 0:02:54.080 businesses that we've nurtured, supported, inspired, created, advanced through the 0:02:54.080 --> 0:02:57.920 one Million Black Business Initiative one MBB in partnership with Shopify. 0:02:58.480 --> 0:03:00.960 This is the only time I reached in and actually 0:03:01.040 --> 0:03:04.440 put direct capital into a business. We've had banks finance 0:03:04.480 --> 0:03:07.280 businesses and we've helped We've had lawyers and attorneys and everybody. 0:03:07.280 --> 0:03:10.040 All this is good stuff, right, but they were raising 0:03:10.200 --> 0:03:13.560 capital and I just thought it was a good bet 0:03:13.600 --> 0:03:15.880 to give them a little bit of a jolt. So 0:03:15.919 --> 0:03:18.399 we did that, and I went and spoke at their 0:03:18.960 --> 0:03:25.360 black coffee black tie event recently in the last few days. 0:03:25.480 --> 0:03:29.600 Was so inspired, just confirmed that we made the right decision. 0:03:29.680 --> 0:03:31.200 And I think that day have the capacity of going 0:03:31.240 --> 0:03:34.400 across the nation and across the world with a brand 0:03:35.000 --> 0:03:37.000 because they're not black for a living, they're great. They're 0:03:37.040 --> 0:03:39.160 good business people who happen to be black, and a 0:03:39.160 --> 0:03:41.200 good product that happens to be produced by black people, 0:03:41.400 --> 0:03:43.960 not a black business or black product. You know, I'm 0:03:44.000 --> 0:03:46.240 getting sort of off on a thing here. But only 0:03:46.280 --> 0:03:49.400 black folks put we get emotional about this stuff. We 0:03:49.440 --> 0:03:52.520 put black owned business in the window. Right. You don't 0:03:52.520 --> 0:03:55.200 see folks Jewish people putting Jewish owned business in the window, 0:03:55.240 --> 0:03:58.040 or Latino owned business the window, or white owned business 0:03:58.120 --> 0:04:01.600 in the window. Right, Indian owned business in the window, 0:04:01.760 --> 0:04:06.600 Asian owned No, just African Americans. We're saying. You know, unconsciously, 0:04:06.640 --> 0:04:09.560 what you're saying is anybody but black folks, don't. You 0:04:09.800 --> 0:04:12.080 may be a little uncomfortable walking up in here. You're 0:04:12.120 --> 0:04:14.120 in a green business. You're not a black business. You're 0:04:14.120 --> 0:04:17.159 a green business in the US at least or wherever 0:04:17.200 --> 0:04:20.280 you are. You're the color of that currency in the US, 0:04:20.279 --> 0:04:22.480 the color is green. And you want everybody to come 0:04:22.480 --> 0:04:25.480 in your business. You want to then take that currency, 0:04:25.560 --> 0:04:29.440 that income that seales or sales, and then translate that 0:04:29.520 --> 0:04:32.719 then too profit and wealth creation and job creation and 0:04:32.760 --> 0:04:34.200 growth of your business. And if you want to start 0:04:34.200 --> 0:04:37.760 a philanthropy that then focuses on lifting up folks from 0:04:37.800 --> 0:04:40.640 your neighborhood, fantastic, But you can't distribute money like a 0:04:40.680 --> 0:04:44.440 socialist until you first collected like a capitalist. And everybody 0:04:44.440 --> 0:04:46.440 knows you black, they can see you. So the Black 0:04:46.440 --> 0:04:49.560 Coffee Company, clearly it's in their name. But when you 0:04:49.600 --> 0:04:52.279 walk in there, you just smell good coffee and you 0:04:52.320 --> 0:04:57.440 see good customer service, and you don't see drama and instability. 0:04:57.480 --> 0:05:00.599 And we need to knock this stuff off. Getting ahead 0:05:00.640 --> 0:05:04.080 of myself on this podcast, you see this one's near 0:05:04.120 --> 0:05:07.840 and dear to me as a person, I believe we're 0:05:07.839 --> 0:05:10.719 not human beings having a spiritual experience. Where spiritual beings 0:05:10.760 --> 0:05:16.360 having a human experience, energy matters. So let's start with 0:05:16.400 --> 0:05:20.880 the trending topics for this podcast. I'm gonna pick on 0:05:20.960 --> 0:05:26.000 somebody rich and somebody poor poor as relative. I don't 0:05:26.040 --> 0:05:27.240 mean poor as then you don't have a roof for 0:05:27.320 --> 0:05:29.200 your head, a food and the table. I mean you've 0:05:29.200 --> 0:05:30.800 got too much month at the end of your money, 0:05:30.839 --> 0:05:34.800 you can't go on vacation or blink without thinking about it. 0:05:35.920 --> 0:05:40.039 So the rich example is Kanye West. He has a 0:05:40.040 --> 0:05:42.400 bunch of other names, but I'm gonna ignore all that. 0:05:42.640 --> 0:05:47.960 It's ridiculous. My man needs to I mean, it's not 0:05:48.040 --> 0:05:51.080 on me to say he should take his medicine. But 0:05:51.960 --> 0:05:54.360 he just seems ever since he lost his mother, God 0:05:54.400 --> 0:05:57.040 rest her soul, who seems to be a rock in 0:05:57.080 --> 0:06:00.520 his life, it just seems that he he has been 0:06:00.760 --> 0:06:07.599 less than stable. Yes, I said it. He can be 0:06:07.640 --> 0:06:11.440 a genius and be unstable. He can create great music 0:06:12.000 --> 0:06:16.080 and be less than stable. You don't do some of 0:06:16.120 --> 0:06:19.159 the things that he's done and set himself and his 0:06:19.279 --> 0:06:22.280 economics on fire as an artist and as a businessman, 0:06:22.880 --> 0:06:25.360 and set his net worth on fire. This is an example. 0:06:25.360 --> 0:06:29.840 I'm a gift today. Unless you are insane, which I 0:06:29.839 --> 0:06:34.640 don't believe. He is crazy and stupid, which I don't 0:06:34.640 --> 0:06:40.800 believe he is. Are just unstable, imbalanced, which means in 0:06:40.839 --> 0:06:44.400 this example, he should take his medicine and go to 0:06:44.560 --> 0:06:49.839 a counselor Why am I picking on him? I'm not 0:06:49.880 --> 0:06:52.640 picking on him. He's the one who bought a fifty 0:06:52.640 --> 0:06:57.200 four million dollar mansion in Malibu. I think it was 0:06:57.240 --> 0:07:04.240 fifty four million dollars, some crazy number in Malibu that 0:07:04.440 --> 0:07:09.000 was designed by one of the most amazing architects in 0:07:09.080 --> 0:07:13.320 the world. And this home on the beach, situated between 0:07:13.400 --> 0:07:17.880 two architectural treasures, was itself an architectural treasure. Go look 0:07:17.880 --> 0:07:19.680 at them before and after picture so you can see 0:07:19.680 --> 0:07:25.280 for yourself. It was, you know, art alive. And he 0:07:25.320 --> 0:07:30.760 bought it for over fifty million dollars and then proceeded 0:07:31.320 --> 0:07:35.480 to destroy it, like literally destroy it, like jack hammer 0:07:35.760 --> 0:07:39.360 destroyed it. Said he didn't want any bathrooms, didn't want 0:07:39.400 --> 0:07:46.560 any plumbing, didn't want any heating, didn't want any infrastructure whatsoever. 0:07:47.120 --> 0:07:53.120 It's ocean front. Now, he wanted to destroy the view, 0:07:53.600 --> 0:07:56.960 the glass, all that. He wanted all of that to go. 0:07:57.560 --> 0:08:03.200 You ended up with a shell, a concrete shell now 0:08:03.440 --> 0:08:06.800 being exposed to the elements. And I believe the Arctic's 0:08:06.880 --> 0:08:10.960 named Ando. I believe it is. I don't have absolute 0:08:10.960 --> 0:08:14.000 confirmation this, but I believe Ando was an architect that 0:08:14.040 --> 0:08:18.200 his ex wife loved. If that's the truth, then then 0:08:18.320 --> 0:08:22.280 here you go. He hired a guy, a laborer to 0:08:22.360 --> 0:08:25.160 come in with a jackhammer and just tear the whole 0:08:25.240 --> 0:08:28.040 damn thing up. Well, he got into trouble. He bought 0:08:28.040 --> 0:08:30.760 this in twenty twenty one. He got in economic trouble. 0:08:30.880 --> 0:08:33.439 You all know the rest of the story. And then 0:08:33.480 --> 0:08:37.400 he had to dump this property that he had destroyed. 0:08:37.960 --> 0:08:39.480 Was fifty seven million is what he bought it for. 0:08:39.520 --> 0:08:43.080 Almost sixty million dollars and now he's trying to sell 0:08:43.120 --> 0:08:47.000 it for thirty something million. No one's buying it. I'm 0:08:47.000 --> 0:08:49.319 not buying it. I'm not buying the story. I think 0:08:49.840 --> 0:08:54.360 this is lighting yourself on fire. You just destroyed half 0:08:54.400 --> 0:08:56.720 of value. I don't think buy it for thirty million. 0:08:56.800 --> 0:08:58.600 Thirty five million is what he's trying to get for it. 0:08:58.640 --> 0:09:01.560 I think. I mean, it's nothing. It's just got land value, 0:09:01.840 --> 0:09:06.079 and somebody's gonna have to redo this entire house, is 0:09:06.160 --> 0:09:11.559 my sense. It's a scene of violence. The I believe 0:09:11.600 --> 0:09:15.160 the realtor or somebody close to this. No, somebody from 0:09:15.160 --> 0:09:20.559 New York magazine described the Jackhammer House home. Sorry, it's 0:09:20.559 --> 0:09:22.280 not a house, and it's not a home anymore. It's 0:09:22.320 --> 0:09:26.200 a house, it's a thing. Actually, he decigned this, described 0:09:26.240 --> 0:09:29.720 it as a scene of violence, and I believe that's 0:09:29.760 --> 0:09:32.680 the best way to sum this up. As we move 0:09:33.000 --> 0:09:35.480 on to something. There's no there's no there's nothing to say. 0:09:35.559 --> 0:09:38.200 There's nothing to see here. You look at it online, 0:09:38.240 --> 0:09:39.600 you look at it the link I'll give you. There's 0:09:39.640 --> 0:09:45.600 nothing to talk about. It's just plain silly and it 0:09:45.679 --> 0:09:47.400 was a stupid act. I don't think it's a stupid person. 0:09:47.440 --> 0:09:49.959 Think he's brilliant as an artist, but it was a 0:09:50.000 --> 0:09:52.440 stupid act. It will not help us with net worth. 0:09:52.559 --> 0:09:54.880 It will help to destroy it. And he keeps on 0:09:55.040 --> 0:09:57.760 like this and he will be broke. He was a billionaire. 0:09:57.880 --> 0:09:59.320 I don't know what his net worth is now, but 0:09:59.360 --> 0:10:02.640 it's heading. My guess is it's sliding downward. You keep 0:10:02.679 --> 0:10:04.360 doing stuff like this, plus all the lawsuits and the 0:10:04.400 --> 0:10:07.319 lawyers and all that stuff, and if your outfloaks, he's 0:10:07.320 --> 0:10:10.240 your inflow, then your overhead will be your downfall. It's 0:10:10.400 --> 0:10:13.000 just math. It's a whole bunch of folks thought they 0:10:13.000 --> 0:10:16.439 would never go broke. I average, Ivan Allen thought he 0:10:16.480 --> 0:10:19.680 would never go broke. I averaged. You guys have talked 0:10:19.720 --> 0:10:22.360 about these basketball players. I did a whole podcast on this. 0:10:22.440 --> 0:10:24.240 I'm thinking about two different people at the same time. 0:10:24.240 --> 0:10:28.600 But stop laughing. You know what I'm talking about. Yes, 0:10:29.280 --> 0:10:33.320 Alan Iverson, stop laughing, you guys. You guys knew I 0:10:33.400 --> 0:10:36.199 was on to something. You're just teasing me and egging 0:10:36.280 --> 0:10:41.120 me on because I don't follow all the details of 0:10:41.160 --> 0:10:44.520 every basketball player and team. Ask me about motorsports. I 0:10:44.559 --> 0:10:47.320 know that. Ask me about Tony my partner Tony Wrestler's team, 0:10:47.360 --> 0:10:49.920 the Atlanta Hawks. I can tell you about them. Iverson 0:10:50.920 --> 0:10:52.920 is the gentleman. And when they try to get him 0:10:53.120 --> 0:10:59.760 give him a contract extension, Uh, he said no, no, 0:11:00.679 --> 0:11:05.840 I got to feed my family. And now he's absolutely broke. 0:11:07.920 --> 0:11:10.720 I got to feed my family. When discussing conjurct negotiations, 0:11:10.720 --> 0:11:12.760 this quote has often been cited as an example the 0:11:12.760 --> 0:11:17.640 professional athletes emphasizing the financial pressures and responsibility as a 0:11:17.720 --> 0:11:21.920 feel despite their seemingly large earnings. Irish and stated statement 0:11:22.480 --> 0:11:27.800 highlights the complexities and personal stakes involved in financial aspects 0:11:27.800 --> 0:11:31.000 of a sports criminal. This is just stupidity. No, I'm 0:11:31.000 --> 0:11:34.920 not letting folk get away with that. It's just stupidity. 0:11:35.360 --> 0:11:37.760 You know. He was offered an extension amount that was 0:11:38.000 --> 0:11:41.080 more than most people's playing amount, and he just shot 0:11:41.160 --> 0:11:44.880 himself on the foot. And look, there's a difference between 0:11:44.920 --> 0:11:48.240 being broken being poor. Being broke is economic. Being poor 0:11:48.320 --> 0:11:51.160 is a disabling frame of mind, a depressed condition of 0:11:51.240 --> 0:11:53.560 your spirit. And you must vow never ever ever to 0:11:53.600 --> 0:12:08.360 be poor. Again, Let's go to somebody not financially rich, 0:12:08.480 --> 0:12:10.480 because rich is a contract. By the way, wealthy is 0:12:10.880 --> 0:12:13.680 as you're here, he's here it's a mindset. But wealth, 0:12:14.520 --> 0:12:16.920 generational wealth or wealth is a whole different thing than 0:12:16.960 --> 0:12:20.000 getting rich. You can get rich on a contract. Ellen 0:12:20.040 --> 0:12:23.480 Iverson got a contract. You know the eye. You know 0:12:24.320 --> 0:12:27.360 what Kanye has had contracts. You can the money can 0:12:27.360 --> 0:12:29.520 come in, it has velocity, it will leave, and you 0:12:29.559 --> 0:12:34.360 can go dead broke because it's only about making a living. 0:12:34.800 --> 0:12:37.280 You're not making a life, but you make money during 0:12:37.320 --> 0:12:42.199 the day. You build wealth in your sleeps. That's compounding, right, stocks, bonds, investments, 0:12:42.280 --> 0:12:47.600 real estate, small business, big business, home ownership, et cetera, 0:12:47.640 --> 0:12:49.840 et cetera, et cetera. It's building wealth in your sleep 0:12:49.960 --> 0:12:55.360 and mindset. So this poor example again poor, not broke, 0:12:55.400 --> 0:12:59.080 This young lady, this brothers, This is a trending topic. 0:12:59.360 --> 0:13:02.880 This guy, the Big Kenny, he's on Instagram. She go 0:13:02.920 --> 0:13:07.120 and watches his Instagram piece on this he talks about 0:13:07.400 --> 0:13:09.079 he was talking to a fifty year old friend. I'm 0:13:09.080 --> 0:13:11.080 only talking given the age because it's important to know. 0:13:11.120 --> 0:13:13.040 This wasn't a twenty year old who didn't know better. 0:13:13.080 --> 0:13:15.600 Somebody should have known better. And she was wondering why 0:13:15.600 --> 0:13:18.160 she couldn't keep a man, get a man, keep a man, whatever. 0:13:18.720 --> 0:13:21.880 And she's a smart lady, the gentleman says, but she 0:13:21.920 --> 0:13:24.600 had dumb friends. And to make a long story short, 0:13:24.679 --> 0:13:28.040 she met a dude, and the dude was gainfully employed 0:13:28.160 --> 0:13:30.880 and had you know, you know, checked all the boxes. 0:13:30.920 --> 0:13:32.600 And he invited her to go some place she wanted 0:13:32.600 --> 0:13:34.319 to go. She wanted to go to can Comb her 0:13:34.320 --> 0:13:37.280 whole life. He invited her to go to Cankon, bought 0:13:37.320 --> 0:13:41.800 the tickets, pay for the hotel, pay for the car service, transportation, everything, 0:13:42.200 --> 0:13:44.520 just said, look, when we get there, can we buy 0:13:44.559 --> 0:13:47.600 groceries together and take terms cooking. I believe I've got 0:13:47.640 --> 0:13:50.640 that story right. Sounds reasonable, right. She went to her 0:13:50.679 --> 0:13:54.320 girlfriends she said yes, then went to our girlfriends and said, 0:13:54.360 --> 0:13:57.240 what do you think? And our girlfriend's like, girl, if 0:13:57.280 --> 0:13:59.560 he's going to be a man, he should pay for 0:13:59.640 --> 0:14:03.439 every How can he invites you to your birthday tripping? 0:14:03.520 --> 0:14:06.120 Won't pay for everything? Anyway? She went back and told 0:14:06.160 --> 0:14:09.679 the dude, and the dude was like, cool, no problem, 0:14:10.440 --> 0:14:14.800 I'm gonna take somebody else. So she's like, what do 0:14:14.840 --> 0:14:17.200 you mean You're not taking me, You're gonna take somebody else. Yes, 0:14:17.240 --> 0:14:19.080 I was going to take you. I was excited to 0:14:19.200 --> 0:14:23.480 take you. I wanted you to be my guest, and really, 0:14:23.840 --> 0:14:25.680 I really want you to be in my life. But 0:14:26.360 --> 0:14:29.000 if you're gonna listen to dumb friends telling you what 0:14:29.040 --> 0:14:31.440 you should do with your life and you don't know 0:14:31.560 --> 0:14:34.040 any better yourself, then you don't have the sense that 0:14:34.080 --> 0:14:36.280 God gave you, and you don't have the faith and 0:14:36.320 --> 0:14:40.280 the confidence the lead with determination and distinction. So you 0:14:40.320 --> 0:14:43.240 can't be my partner, my travel mate, and certainly not 0:14:43.320 --> 0:14:46.320 my wife. And that lady and people who think like 0:14:46.360 --> 0:14:48.800 her will be alone for the rest of their life 0:14:48.840 --> 0:14:51.600 unless they change their behavior and change their mindset. Entitlement. 0:14:51.680 --> 0:14:54.400 That's entitlement and stupidity. And I bet you her girlfriends 0:14:54.440 --> 0:14:56.640 have never been to Cantcon. I bet you her girlfriends 0:14:56.680 --> 0:14:59.240 don't have a man. I certainly bet you her girlfriends 0:14:59.240 --> 0:15:01.080 are not married. Yeah, you can hit on me all 0:15:01.120 --> 0:15:03.520 you want. I may not be right, but I know 0:15:03.600 --> 0:15:06.000 I'm not wrong. If you guys have been listening to me, 0:15:06.400 --> 0:15:12.920 you know I obsess on certain approaches a mindset. Mindset matters. 0:15:13.320 --> 0:15:15.880 You gotta win this battle from the neck up, from 0:15:15.920 --> 0:15:18.120 the shoulders up. Right, You're not gotta win this battle 0:15:18.160 --> 0:15:20.760 of building wealth and opportunity to move from the streets 0:15:20.760 --> 0:15:23.000 to the suites. By fighting with your hands and stopping 0:15:23.040 --> 0:15:25.560 with your feet and being angry for a living that's 0:15:25.600 --> 0:15:28.120 not going to work. There's a place and a time 0:15:28.160 --> 0:15:31.640 for everything. It's time to put that stuff aside. What 0:15:31.680 --> 0:15:33.760 do you hear from me when I talk? Right? I 0:15:33.800 --> 0:15:36.160 say and again, I came from the hood D A 0:15:36.320 --> 0:15:39.440 hyphen h O O D. I was so poor at 0:15:39.480 --> 0:15:41.920 my family at least was so poor at one point 0:15:41.960 --> 0:15:44.160 my mom's family, they couldn't pay for the O R. 0:15:44.240 --> 0:15:46.720 They were just poe p oh. And I lived in 0:15:46.760 --> 0:15:50.440 a severely underserved area neighborhood. My mother all Nita Smith, 0:15:50.520 --> 0:15:53.120 my brother Donnie David on El Harris, my sister Marlon 0:15:53.200 --> 0:15:58.520 Mont Hoskins, and she's remarried now has a new married name. 0:15:59.400 --> 0:16:01.600 But all of of us, these kids got through the 0:16:01.600 --> 0:16:04.960 hood South Central incompent. All those kids, no criminal records, 0:16:04.960 --> 0:16:07.840 no drama, no and we had a single mother. Right, 0:16:08.160 --> 0:16:12.520 it's mindset, mindset. You heard me say again, I've gone 0:16:12.520 --> 0:16:14.520 from the bottom quartel to what they call the top 0:16:14.520 --> 0:16:17.320 one percent. You've heard me say I take no for vitamins. 0:16:17.560 --> 0:16:19.120 I want you to sit down with your family, sit 0:16:19.160 --> 0:16:21.240 down with your children and walk them through this sit 0:16:21.280 --> 0:16:24.640 down with your partner, your mate, your husband, your wife, 0:16:24.800 --> 0:16:27.560 your business partners. Sit down with your posse, your crew, folks, 0:16:27.640 --> 0:16:31.160 you hang around and listen to this together, have a conversation. 0:16:31.240 --> 0:16:35.320 Let's talk about something that's meaningful for a change. I 0:16:35.440 --> 0:16:39.320 take no for vitamins. That's me. Success is going from 0:16:39.360 --> 0:16:44.960 failure to failure without loss of enthusiasm. That's me. It's 0:16:45.000 --> 0:16:48.560 okay if you don't like me. I like me, as 0:16:48.600 --> 0:16:50.960 Quincy Jones says, now when I answer, my self esteem 0:16:51.000 --> 0:16:55.120 depends on your acceptance of me. That's me. I really 0:16:55.160 --> 0:16:58.000 respect me and learn to like me. Then like me 0:16:58.560 --> 0:17:02.760 and never respect me. That's me. There is a difference 0:17:02.800 --> 0:17:06.760 between being broken being poor. Being broke is economic. Being 0:17:06.840 --> 0:17:10.439 poor is a disabling frame of mind, a depressed condition 0:17:10.480 --> 0:17:13.600 of your spirit. And you must vow never ever ever 0:17:13.680 --> 0:17:17.680 to be poor again. That is the ethos of Operation Hope, 0:17:17.720 --> 0:17:19.960 the organization I found a thirty two years ago which 0:17:20.000 --> 0:17:23.680 is impacting millions of lives. Invested four point five billion 0:17:23.720 --> 0:17:26.280 dollars in capital in underserved neighborhoods for home ownership, small 0:17:26.280 --> 0:17:30.399 business ownership, ownership, creation, access to capital, et cetera. Raising 0:17:30.400 --> 0:17:33.520 credit score is lowering debt, increasing savings, increasing our economic 0:17:33.600 --> 0:17:36.719 and our mental and social frequency. As my wife would say, 0:17:36.800 --> 0:17:41.800 high frequency thinking, getting us to lift our shoulders back 0:17:41.800 --> 0:17:45.400 and our heads up. And as doctor King once said, 0:17:45.440 --> 0:17:48.760 no man can ride your back if you stand straight up. 0:17:49.359 --> 0:17:53.760 This is mindset. Mindset matters. Life is ten percent what 0:17:53.920 --> 0:17:56.160 life does to you and ninety percent how you choose 0:17:56.160 --> 0:17:58.840 to respond to it. What's your response going to be? 0:17:58.880 --> 0:18:00.680 That's what I write in my book Love Leadership. That 0:18:00.760 --> 0:18:03.040 was my second book. I'm onto my six. I want 0:18:03.040 --> 0:18:04.840 you to get the Financial Literacy for All book, which 0:18:04.840 --> 0:18:07.399 is number one right now nationwide, has been for that 0:18:07.440 --> 0:18:10.800 way for three months on Amazon and Financial and Business 0:18:10.840 --> 0:18:15.239 Finance and Economics number one. Go get it, and I 0:18:15.240 --> 0:18:17.080 want you to mark it up, underline it. I want 0:18:17.119 --> 0:18:19.119 you to put out a sharpie pen. I want you 0:18:19.200 --> 0:18:21.200 to I want you to want to be dog eared 0:18:21.200 --> 0:18:23.679 because you're going through it. You're marking up like a 0:18:23.760 --> 0:18:25.879 workbook and talking about it with you. Don't read it 0:18:25.880 --> 0:18:27.440 and put it aside. Most people have read it a 0:18:27.440 --> 0:18:30.359 couple of times. I've been told it's got a great 0:18:30.440 --> 0:18:32.240 radio to Amazon, look at it for yourself, look read 0:18:32.280 --> 0:18:34.080 what people are saying about it. But let this be 0:18:34.119 --> 0:18:36.600 a workbook for the rest, for the for the playoff games, 0:18:36.600 --> 0:18:40.240 of the rest of your life. If you hang around 0:18:40.320 --> 0:18:42.679 nine broke people, you'll be the tenth. You heard me 0:18:42.680 --> 0:18:45.920 say that earlier. That's me. You model what you see. 0:18:46.040 --> 0:18:48.119 Why the kids want to be rap stars, athletes and 0:18:48.160 --> 0:18:50.959 drug dealers. The kids aren't dumb and there, they're not stupid, 0:18:51.280 --> 0:18:55.760 they're brilliant, but they're modeling what they see. We got 0:18:55.760 --> 0:19:00.240 to give those kids something different to see. Malcolm glad Well, 0:19:00.280 --> 0:19:05.040 The Tipping Point bestseller says, based on the University of 0:19:05.080 --> 0:19:10.040 Illinois study, five percent positive role models every community stabilizes. 0:19:10.680 --> 0:19:13.520 Think about that, not eighty percent positive role models, not 0:19:13.640 --> 0:19:18.240 fifty percent, not twenty five percent, not fifteen percent, just five. 0:19:18.320 --> 0:19:21.199 With five percent positive role models in your community and 0:19:21.240 --> 0:19:25.919 around you, every community stabilizes. That's how powerful God is. 0:19:25.960 --> 0:19:29.480 That's how powerful love is. Love is the only energy 0:19:29.520 --> 0:19:31.560 that's self renewing, the only thing that does not need 0:19:31.600 --> 0:19:34.720 any help because it comes directly from God. Darkness is 0:19:34.760 --> 0:19:37.640 defined by light, not the other way around. Badness has 0:19:37.680 --> 0:19:41.320 failed goodness. The devil is a punk, I said it. 0:19:41.720 --> 0:19:45.000 Mindset matters. The devil is a punk. The devil is 0:19:45.040 --> 0:19:47.879 a fallen angel, God gives the devil permission to exist. 0:19:47.920 --> 0:19:50.320 Can I get an amen? Yeah? This is my ministry 0:19:50.359 --> 0:19:52.760 of hope, this is my ministry for an ads, and 0:19:52.800 --> 0:19:57.240 I'm going all in right now. Badness has failed goodness right, 0:19:57.880 --> 0:20:00.159 You're not a mistake. You just made a mistake. All 0:20:00.200 --> 0:20:04.760 angels with dirty faces, right, So let's get up and 0:20:05.000 --> 0:20:07.520 claim our glory. You've heard me say that you cannot 0:20:07.560 --> 0:20:10.439 have a rainbow without a storm. First, it's not just 0:20:10.480 --> 0:20:13.920 a nice analog. It's not a nice statement that I say. 0:20:13.960 --> 0:20:18.200 It's also a scientific fact. You cannot have a rainbow 0:20:19.119 --> 0:20:23.439 without a storm. First. Let's get into now the depths, 0:20:24.600 --> 0:20:28.960 the serious around mindset, and I'm gonna give you some 0:20:29.040 --> 0:20:32.760 cheap cheat notes on this before we get finished with 0:20:32.760 --> 0:20:36.800 this podcast, and your drive or walk, or our job 0:20:37.000 --> 0:20:39.200 or workout or whatever it is you're doing while you're 0:20:39.240 --> 0:20:41.879 listening to this. It's by size. You can get your 0:20:41.880 --> 0:20:46.399 hands around it, get your mind around it. Mindset matters. 0:20:46.480 --> 0:20:51.920 As Carolyn Young, doctor Ambassador Andrew Young's beautiful wife, would 0:20:51.960 --> 0:20:55.080 tell me, when somebody is trying to diss her in 0:20:55.240 --> 0:20:58.439 public or in private, typically trying to do it in 0:20:58.520 --> 0:21:00.679 public because they've got a who are afraid to come 0:21:00.720 --> 0:21:05.840 straight at her because you know, punk's hide, coward's hide. 0:21:05.880 --> 0:21:08.760 They throw rocks and hide. But on occasion, when you 0:21:08.880 --> 0:21:11.920 hear something that sounds crazy, Carolyn will say, you can't 0:21:11.920 --> 0:21:16.040 piss on my head and call it rain, and she 0:21:16.160 --> 0:21:18.879 smiles at you and just gives you more love. She 0:21:19.040 --> 0:21:21.560 just beats you up with love. That's all I'm built of, 0:21:21.720 --> 0:21:26.440 that's all I know, because you can't go wrong doing right. 0:21:27.920 --> 0:21:31.160 My father was on his way to Detroit to get 0:21:31.200 --> 0:21:34.320 a new car from South central LA. He had family 0:21:34.560 --> 0:21:37.919 in East Saint Louis, and he took the detour to 0:21:37.960 --> 0:21:40.320 go to East Saint Louis. Back in the day, I'm 0:21:40.359 --> 0:21:45.480 told back in the fifties in the sixties, black people 0:21:45.480 --> 0:21:48.360 who who could buy a brand new Buick or Cadillac 0:21:48.400 --> 0:21:51.120 or whatever it was. It was a mark of distinction 0:21:51.160 --> 0:21:52.600 to be able to walk in the dealership and buy 0:21:52.600 --> 0:21:55.760 a car, just to have one. But some people to 0:21:56.040 --> 0:22:00.640 underscore their achievement. I don't get this, by the way, 0:22:00.720 --> 0:22:03.480 but it's a thing, and my dad did it. But 0:22:03.800 --> 0:22:07.080 somebody explained it to me. That's cool, but it was 0:22:07.280 --> 0:22:08.560 it was not just good enough to go to the 0:22:08.600 --> 0:22:12.840 car dealership and have the white car dealer rep to 0:22:12.880 --> 0:22:15.919 sell your car. My dad wanted to go to the 0:22:16.040 --> 0:22:20.960 factory and buy his new car, trade in his older 0:22:20.960 --> 0:22:23.399 car and buy I guess it was the dealership at 0:22:23.520 --> 0:22:25.560 the factory. I don't know. Anyway, he would drive to 0:22:25.680 --> 0:22:29.480 Detroit to buy a new car, and on the way 0:22:29.720 --> 0:22:32.560 he detoured to where my mother lived. He St Louis, 0:22:32.560 --> 0:22:37.600 where he had family and mindset. He was present enough 0:22:37.680 --> 0:22:42.399 of mine to realize he had met brilliance and elegance 0:22:42.600 --> 0:22:46.359 and somebody who would add to his life, and realized 0:22:46.440 --> 0:22:51.040 at that moment they're better together. And he married her. Well, 0:22:51.080 --> 0:22:52.840 he asked her. He said, I'm going to go back. 0:22:52.840 --> 0:22:54.600 I'm not going to Detroit. I'm going to turn around. 0:22:55.040 --> 0:22:57.000 I want to take you, want to marry you. She said, well, 0:22:57.000 --> 0:22:58.639 you got to take me and my two children, my 0:22:58.640 --> 0:23:01.679 brother I wasn't born yet, my brother, my sister. And 0:23:01.720 --> 0:23:05.280