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

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Speaker 1: Matt's and today we're discussing serial entrepreneurship and creating a

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Speaker 1: YouTube business with Minority Mindset founder Joss Breezing. Jos Spreez

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Speaker 1: seeing is our guest today and he can probably be

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Speaker 1: best described as a serial entrepreneur, but a life of

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Speaker 1: entrepreneurship that wasn't always the plan. Just Breez was born

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Speaker 1: to immigrant parents and he grew up bilingual in a

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Speaker 1: traditional seek family, with a strong expectation that he was

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Speaker 1: going to be a doctor. All that to say, he's

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Speaker 1: not a doctor now, or at least not currently. His

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Speaker 1: YouTube channel, Minority Mindset, has close to six and fifty

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Speaker 1: thousand subscribers, and through Jos spreezz educational and entertaining videos,

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Speaker 1: he is able to share wisdom around personal finance and investing.

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Speaker 1: We're excited to talk all about entrepreneurship, what it means

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Speaker 1: to have a minority mindset, and then how to go

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Speaker 1: about building a YouTube channel from scratch. So, Josh s freet,

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Speaker 1: thank you for joining us, Thank you for having me.

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Speaker 1: I'm excited and that was a very good introduction. We

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Speaker 1: we do our best. Matt does a good job in

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Speaker 1: formulating the bios. Jos Brett. So every uh, we we

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Speaker 1: know you do not drink, but Matt and I we

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Speaker 1: like a craft beer every every once in a while,

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Speaker 1: and so on this episode we're having an I p

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Speaker 1: A by a local brewery called Three Taverns. And part

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Speaker 1: of the reason that we enjoy a beer is because

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Speaker 1: it's this sign of us splurging on something in the

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Speaker 1: here and now what we're also doing our best to

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Speaker 1: save and invest for the future. Um and so yeah,

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Speaker 1: I want to know, like, is there anything that you

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Speaker 1: like to sploage on in the here and now while

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Speaker 1: you're also handling your money. Well, you know, right now

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Speaker 1: at the time of me doing this podcast, I honestly

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Speaker 1: don't spend a lot of money on much. I'm not

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Speaker 1: traveling because of this pandemic. I'm not a big person

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Speaker 1: on fancy clothes or all that. But one thing that

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Speaker 1: I do spend money on that us spend money on beer,

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Speaker 1: I would say, is food. I am a big foodie.

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Speaker 1: I work out a lot, so I justify my eating

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Speaker 1: habits because those calories. I love food. That's not how

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Speaker 1: many calories that eat, is how many calories are burned right, Yeah,

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Speaker 1: and wings in particular, right, is that that's your that's

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Speaker 1: your big love? Yeah, I I love I mean honestly anything, burgers,

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Speaker 1: Indian food, Mexican food, Italian food, like I'm anywhere. I

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Speaker 1: love it. Man, that's so good. All right, Just before

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Speaker 1: we dive, you know, into what minority mindset is all about,

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Speaker 1: we we'd like to talk about your entrepreneurial endeavors. You know,

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Speaker 1: like early on, when you were in high school, you

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Speaker 1: started hosting parties as a side gig. How did that

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Speaker 1: come about? Did you have experience with the event production? No,

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Speaker 1: so it's kind of funny. So I grew up, like

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Speaker 1: you were saying, in a traditional Indian household, where when

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Speaker 1: I was in eighth grade, of I'll just back up

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Speaker 1: a little bit. I'll show you guys what I mean.

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Speaker 1: My parents were very serious about me becoming a doctor,

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Speaker 1: and so in eighth grade and everyone's like trying to

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Speaker 1: do social studies and basic math and stuff like that,

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Speaker 1: my parents caught me an mcat tutor, which is somebody

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Speaker 1: who gets you ready for medical school. So, uh, that's

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Speaker 1: what I was doing in eighth grade. And I had

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Speaker 1: no idea of what business was or what entrepreneurship was.

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Speaker 1: I've always been an entrepreneur. I felt like when I

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Speaker 1: was in elementary school, I was a paperboy. I used

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Speaker 1: to cut people's lawns. But then in high school, I

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Speaker 1: picked up a drum, an Indian drum called They're told.

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Speaker 1: It's like a big loud drum that nowadays people play

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Speaker 1: at weddings. And I was always a big fan of

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Speaker 1: it because I was really like Indian music. And so

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Speaker 1: I started playing this drum. I got it from India

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Speaker 1: and um I was playing it at an uncle's wedding.

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Speaker 1: I was thirteen years old, and the DJ who was DJ,

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Speaker 1: was like, hey, just breathed, why don't you play with

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Speaker 1: me as someone else's wedding. And I'm like okay, because

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Speaker 1: like I'll pay you a hundred dollars or something. I'm like, okay,

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Speaker 1: thirteen years old, A hundred dollars a lot of money.

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Speaker 1: So I started doing that when I was like thirteen fourteen,

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Speaker 1: and when I was sixteen. Now I'm in high school,

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Speaker 1: middle junior year or something like that, and the d

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Speaker 1: J I was working with presented this idea said, hey,

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Speaker 1: look there's this new restaurant that's opening up and they

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Speaker 1: are interested in hosting parties there? How would you be

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Speaker 1: interested in hosting teen parties? Do you invite your class

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Speaker 1: friends and you know, we can split the costs and

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Speaker 1: kind of make it work. And I was like, okay,

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Speaker 1: uh So from there I started, um, I got into

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Speaker 1: the event planning side of things. I started hosting these

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Speaker 1: teen parties. I was I didn't have much money, so

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Speaker 1: it was more of the DJ kind of fronting the cost,

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Speaker 1: but I would invite the people. And now we had

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Speaker 1: an event planning business where I would invite my classmates

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Speaker 1: to this restaurant and we would host parties and we

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Speaker 1: would charge them cover. And I didn't think much of

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Speaker 1: it at the time, but when I went to college,

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Speaker 1: that business grew. So tell us about that then, How

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Speaker 1: did how did things go down to college? And did

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Speaker 1: you just like, were you finding out at that point

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Speaker 1: in time that you had a bug for entrepreneurship, creating things,

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Speaker 1: running your own business? Yeah, you know, I did, Like

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Speaker 1: I really enjoyed the entrepreneurship and business side of things,

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Speaker 1: and I started to realize I had this bug. And

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Speaker 1: I went to college, so I had no idea what

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Speaker 1: college was supposed to be like in America. I thought

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Speaker 1: people go to college to study, and like Friday nights,

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Speaker 1: people would be in the chemistry lab doing reactions and

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Speaker 1: studying and doing all this. So I'll go to college

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Speaker 1: not knowing what to expect, and everybody is partying and

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Speaker 1: I am mind blown. Like I don't drink. I'm not

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Speaker 1: too into parting. I liked hosting the parties because I

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Speaker 1: like the business side of it, but I was never

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Speaker 1: into partying. I never liked drinking. Uh, never got into drinking.

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Speaker 1: And that's when I was like, Holy cow, what's going

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Speaker 1: on here? So I needed something to do on Friday nights,

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Speaker 1: and I wasn't too interested in going to the parties.

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Speaker 1: So that's what I At this point, I've had a

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Speaker 1: lot of friends and the d J and kind of

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Speaker 1: the wedding planning and event planning business, and so I

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Speaker 1: was like, you know, why don't I bring this high

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Speaker 1: school teen party business to college. So I started going

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Speaker 1: to the venues and talking to the owners, and long

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Speaker 1: story short, by my sophomore year, I had a contract

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Speaker 1: with almost every club on campus to do parties with us,

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Speaker 1: and we were hosting and certain venues we were hosting

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Speaker 1: college nights every Thursday. Other venues. We were doing once

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Speaker 1: a month type of things that we got into concerts

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Speaker 1: and shows. And that was kind of like my first

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Speaker 1: real real business And it was a big shocker to

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Speaker 1: me because I was making pretty decent money and I

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Speaker 1: was in school and I was studying to be a

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Speaker 1: doctor at the time, and I had no idea that

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Speaker 1: you can make money without a degree. Like this is

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Speaker 1: how kind of naive I was, where I thought that, okay,

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Speaker 1: the amount of money you make in life is depending

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Speaker 1: on what degree you get. And uh so, now my

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Speaker 1: mind really opened up because I got an entrepreneurship. I

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Speaker 1: don't have any like entrepreneur friends or investor friends. And

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Speaker 1: I was making this money. I started reading business books

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Speaker 1: and that's how I got into investing because this was

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Speaker 1: actually like during the Great Recession, so like the tail

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Speaker 1: end of the Great Recession, and realistic prices were dirt cheap,

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Speaker 1: and that's when I started investing in real estate because

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Speaker 1: realistic from was so cheap and I had money that

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Speaker 1: I was making, I don't know what to do with it.

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Speaker 1: I was going to buy a car. Um that was

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Speaker 1: actually you know, we talked about what do you spend

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Speaker 1: money on when if you asked me that question ten

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Speaker 1: years ago. My ass and would have been very different.

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Speaker 1: Back when I was in high school in early college,

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Speaker 1: you know, it was all about, Okay, I want that

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Speaker 1: new watch. I can't wait till I can buy a Beamer.

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Speaker 1: I can't wait till you know, have those flashy looking things.

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Speaker 1: And when I started to make real money, I was like, man,

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Speaker 1: I can't wait till I buying you three series. I

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Speaker 1: want to buy a new Beamer. But uh, I started

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Speaker 1: reading this book, these books about business, and I started

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Speaker 1: like learning more about investing, and I was like, you

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Speaker 1: know what, instead of buying a car, I'm gonna buy

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Speaker 1: a condo. And that's when my mind really opened up

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Speaker 1: and I got into money management and investing and learn

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Speaker 1: more about entrepreneurship. Nice man, So, so, yeah, you're making

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Speaker 1: money from the production business basically there in college, and

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Speaker 1: it sounds like you were learning about investing, you know,

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Speaker 1: at the same time while you're It sounds like from

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Speaker 1: just some different books you're reading. I guess that was

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Speaker 1: around ten years ago. So do you still own that

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Speaker 1: first investment property today? Has that? Has that been a

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Speaker 1: good one for you? Yeah? I do, I do, so

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Speaker 1: that condo I picked it up for eight thousand dollars,

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Speaker 1: and it sounds crazy. It's like eight thousand dollars was

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Speaker 1: not the downpayment, that was the actual price of the condo.

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Speaker 1: And to put it in perspective, this was like two thousand, twelve,

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Speaker 1: eleven twelve, something like that, and so it was like

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Speaker 1: and I'm based in Michigan, so we were hit really

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Speaker 1: hard by the Great Recession. And a few years prior

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Speaker 1: to me buying this condo, if you look at like

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Speaker 1: the historical records, the previous owner purchased it for a

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Speaker 1: hundred and fifty thousand dollars and because of the recession,

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Speaker 1: the banks sold it for eight thousand dollars. So I

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Speaker 1: picked it up for eight thousand, and then I rented

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Speaker 1: it out for six hundred dollars a month. I had

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Speaker 1: no idea at the time, just thought that was normal

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Speaker 1: because I hadn't you know, I don't know wheny real

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Speaker 1: estate investor friends. I just kind of jumped in, not

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Speaker 1: knowing what I was doing. I don't have anyone to

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Speaker 1: talk to, so I didn't realize that it was this

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Speaker 1: was like a great deal. I just thought that was

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Speaker 1: normal because that was the first time I had experienced

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Speaker 1: real estate, so I still own it and yeah, so

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Speaker 1: so just in general, are you a fan of real estate?

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Speaker 1: Is that something that you've continued to pursue, like as

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Speaker 1: you're developing the other businesses essentially that you have also

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Speaker 1: become interested like starting up a YouTube channel and stuff

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Speaker 1: like that, which we're gonna ask you more about later.

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Speaker 1: But are you are you generally a fan of real estate?

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Speaker 1: Are you doing more of it? And then people that

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Speaker 1: come to to watch your YouTube videos, how do you

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Speaker 1: talk to them about real estate now that you're kind

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Speaker 1: of ten years into the real estate investing game. Yeah,

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Speaker 1: I am definitely a fan of real estate. I am

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Speaker 1: still pretty active and realistate investing. I am always looking

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Speaker 1: for deals, So I'm a big fan of real estate investing.

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Speaker 1: I talked about it all the time on a YouTube channel. Um,

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Speaker 1: I prefer realistate investing over the stock market. I actually

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Speaker 1: just released a video on this not too long ago.

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Speaker 1: But the stock market has been getting a lot of

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Speaker 1: tension recently just because of you know, the crash and

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Speaker 1: everything going on. The stock market moves very quickly, right,

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Speaker 1: you can buy and sell a stock in two seconds,

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Speaker 1: which is why you know the stock market moves so

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Speaker 1: much faster than real estate. You can see it go

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Speaker 1: up or down. Real estate is much slower moving. And um,

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Speaker 1: what I'm paying attention to in real estate, this is

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Speaker 1: recorded in is what's going to happen over the next

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Speaker 1: one and a half two years when for bards programs

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Speaker 1: start to really and and the free money goes away.

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Speaker 1: And we might if if we're still feeling the effects

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Speaker 1: of this recession, how that's going to affect the real

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Speaker 1: estate market. So that's something I'm paying attention to, something

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Speaker 1: I'm talking about on our YouTube channel and our financial

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Speaker 1: news better. So I am really involved in real estate.

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Speaker 1: I'm a big fan of real estate as a long

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Speaker 1: term investment. Nice well, so just be you know, you

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Speaker 1: were on the premed track, like you mentioned this when

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Speaker 1: you went to school, and you know, you thought you

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Speaker 1: were gonna be be a doctor based on parental expectations,

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Speaker 1: you know, but now you're basically an online entrepreneur as

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Speaker 1: well as a teacher, real estate owner and investor. Like,

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Speaker 1: so what happened to cause you to to make such

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Speaker 1: a drastic shift? You know? Was it you realizing that

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Speaker 1: you didn't necessarily need to have a degree, like you

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Speaker 1: mentioned uh, in order to make any money. Is that

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Speaker 1: what caused you to kind of change gears? There? No,

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Speaker 1: So I I always thought, Okay, you know, I'll become

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Speaker 1: a doctor and I'll just do entrepreneurship after because I'll

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Speaker 1: make my parents happy. I'll become a doctor, then I'll

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Speaker 1: start a business after that. But towards the end of college,

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Speaker 1: I was like, man, that's a really long journey because

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Speaker 1: it takes like ten years to become a doctor's medical

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Speaker 1: school residency fellowship. And I'm like, you know, maybe that's

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Speaker 1: a little bit too much of a commitment. So that's

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Speaker 1: when I was like, you know, maybe I'll just do

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Speaker 1: more of entrepreneurship. And this was a weird time for

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Speaker 1: me because I started to get really fed up and

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Speaker 1: sick of the event planning business because I don't drink,

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Speaker 1: I don't really like parties. I wasn't really into the scene.

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Speaker 1: I just like the business side of things. And towards

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Speaker 1: the end of college, I was getting read up, really

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Speaker 1: fed up with it because I was doing it for

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Speaker 1: the wrong reasons. I was doing it for the money

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Speaker 1: instead of for like my passion, and the money was good,

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Speaker 1: but my heart wasn't in it, and so that's when

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Speaker 1: I really started to get more into other things. I

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Speaker 1: got into real estate more heavily, um so not just

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Speaker 1: real estate investing. I got my real estate salesperson license.

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Speaker 1: I also got into real estate wholesaling, and then I

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Speaker 1: started a sock business. So a funny story was I

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Speaker 1: was taking a class on public speaking and I was

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Speaker 1: a little bit of a procrastinator at the time, and

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Speaker 1: we had this project where I was supposed to pitch

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Speaker 1: to the class a business idea. So the class was

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Speaker 1: supposed to be like your venture capitalist and You're supposed

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Speaker 1: to pitch an idea to them. And I was like, oh,

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Speaker 1: that's easy. I like business, this will be no problem.

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Speaker 1: I'll come up with it later. And so I kept

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Speaker 1: putting it off, putting it off, and then one day

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Speaker 1: I was late to class like normal, and so I

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Speaker 1: picked up a backpack and it happened to be raining

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Speaker 1: this day, true story, and I'm running the class and

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Speaker 1: on the way to class, I step in the puddle.

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Speaker 1: My foot gets soaked, and I get to class. I'm

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Speaker 1: like panting, right, I'm like out of breath, I'm late,

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Speaker 1: I'm wet, And then the teacher comes up to me

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Speaker 1: and she goes just pretty, this is is your turn. I'm

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Speaker 1: like my turn for what She's like, yes, you're turning

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Speaker 1: to present the business idea. And I was like, oh

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Speaker 1: my god. So now I'm standing in front of the class,

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Speaker 1: dripping wet, my feet are soaked, and I'm trying to

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Speaker 1: come up with a business idea. I'm like, just pretty think,

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Speaker 1: just pretty think, just pretty think. And I don't know

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Speaker 1: where this came from, but out of like nowhere, I

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Speaker 1: had this idea. I was like, okay, what about water

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Speaker 1: resistance socks because my feet were soaking wet and I

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Speaker 1: hate wet socks, so off the top of my like tongue,

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Speaker 1: I just like pitched this random water resistance sock idea

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Speaker 1: to my class and I sit down and I was like, oh,

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Speaker 1: you know, that's kind of a cool idea. So I

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Speaker 1: went home that day and I was like, I wonder

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Speaker 1: if these socks exist because I've never heard of them.

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Speaker 1: So I started doing some research on it, and there's

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Speaker 1: like waterproof socks for like hunters and people that are

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Speaker 1: really involved in you know, the wilderness type stuff, but

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Speaker 1: there were no like water resistant athletics socks and just

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Speaker 1: regular daily wear socks. So then I went on a

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Speaker 1: mission and I created these water resistance socks and ended

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Speaker 1: up going to law school at the same time, because

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Speaker 1: you know, my parents were like, Okay, if you don't

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Speaker 1: become a doctor, you got to become an attorney. So

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Speaker 1: I got into law school and I was working on

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Speaker 1: the sock business, and I launched the sock business towards

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Speaker 1: the end of my first year in law school, and

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Speaker 1: right before the launch, I was approached by a marketing

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Speaker 1: company who said, hey, Desperty, your about to launch this business.

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Speaker 1: How about you hire us to do your marketing and

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Speaker 1: we will make sure you get all these sales and

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Speaker 1: will do all this advertising for you. And it was

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Speaker 1: They're asking for quite a bit of money, but I

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Speaker 1: was like, I don't know. I think I could do

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Speaker 1: it myself, because at this point I thought I had

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Speaker 1: some good marketing experience. And they were like, oh, no,

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Speaker 1: don't worry. We have a one money back guarantee, so

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Speaker 1: if you do not love our service, we will give

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Speaker 1: you every penny back, even the money that we put

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Speaker 1: in advertising. And I was like, okay, you know that's

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Speaker 1: that's a fair uh approach. So I gave them the

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Speaker 1: money and then I remember the very next day. So

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Speaker 1: I gave them the money on one day, and the the

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Speaker 1: next day I started to have this weird feeling in

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Speaker 1: my gut. I was in the gym. I remember this.

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Speaker 1: I was doing like the chest fly and I just

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Speaker 1: had this weird feeling. I was like, you know, I

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Speaker 1: just I feel like I can do it better. I

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Speaker 1: don't know why. So I called up the guy and

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Speaker 1: I was like, hey, man, um, I know we haven't

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Speaker 1: started yet, but I want to just do the marketing myself.

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Speaker 1: Could you refund me? And he was like, yeah, sure,

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Speaker 1: no problem, and put you on hold. Puts me on hold.

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Speaker 1: A minute goes by, two minutes go by, three minutes

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Speaker 1: go by, and now I just hear like b b

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Speaker 1: beep beep, and then the phone gets disconnected. So now

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Speaker 1: call back and my call is not going through. It

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Speaker 1: says this number, no number no longer exists. I called

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Speaker 1: the other two numbers that I have, no one's picking up,

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Speaker 1: and that's when I realized I just got screwed. Um.

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Speaker 1: So I called up an attorney, found out that my

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Speaker 1: money was gone, and at this point I had lost

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Speaker 1: pretty much all our marketing budget, but our sock business

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Speaker 1: did really well. We ended up doing just overs worth

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Speaker 1: of pre orders in the first thirty days. So I

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Speaker 1: was like, Okay, this sucks. This sucks, like there's so

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Speaker 1: many entrepreneurs out there trying to start a business, but

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Speaker 1: then there's people like this that are like trying to

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Speaker 1: hurt entrepreneurs. So that's when I was like, you know,

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Speaker 1: what do I do? So I ended up putting out

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Speaker 1: this class on you. DEMI just I don't even know

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Speaker 1: what you DEMI was at the time. I was just

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Speaker 1: so irritated, and I wrote this, put this class out

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Speaker 1: there and how to launch a business without getting screwed over,

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Speaker 1: and I titled it under Minority Mindset. I don't know why.

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Speaker 1: I just always felt that I had this minority mindset

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Speaker 1: where I thought different than the majority of people, and

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Speaker 1: so I put it out there not really thinking much.

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Speaker 1: And there were so many people that enrolled in this

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Speaker 1: course and they really liked it, and they were like, dude,

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Speaker 1: can you please get on social media because your content

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Speaker 1: is really good? And I was like, okay, I'm running

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Speaker 1: a sock business, but I'll start a minority mindset district

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Speaker 1: camp page. So I started this Instagram page called Minority Mindset.

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Speaker 1: Of the whole concept of just thinking differently than the

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Speaker 1: majority of people. So this meant starting a business if

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Speaker 1: that's what your passion was, following your dreams, managing your

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Speaker 1: money smartly. And I started putting random pieces of content

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Speaker 1: that came to my mind on Instagram. I don't really

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Speaker 1: think much of it because I don't know much of this,

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Speaker 1: like online digital space. I just thought I was selling products,

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Speaker 1: selling socks. And then slowly people on Instagram were like, hey,

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Speaker 1: just start a podcast, start a blog. And I didn't

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Speaker 1: know how podcast was at the time. So again I'll

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Speaker 1: show you how naive I was. So I was like,

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Speaker 1: uh no, I'm not gonna start a podcast and blog.

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Speaker 1: I'm not very good at writing, so no, I can't

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Speaker 1: do a blog, but I'll start a YouTube channel. I

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Speaker 1: knew what YouTube was, and I like talking, and I

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Speaker 1: think I was good at talking, so I was like,

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Speaker 1: I'll start a YouTube channel. So I started making videos

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Speaker 1: about money management and investing and launching a business, just

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Speaker 1: from my own experience, things that I wish somebody would

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Speaker 1: have told me when I was getting started. At this point,

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Speaker 1: I kind of hit this crossroads, were like, Okay, the

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Speaker 1: sock business is cool, it's making money, but our patent

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Speaker 1: got denied, like our water resistant technology that we had

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Speaker 1: the patent was denied, so we'd have to go all

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Speaker 1: into just building a sock brand. But I'm not too

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Speaker 1: passionate about socks. Like it's cool. I'm making money, but

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Speaker 1: at the end of the day of socks, right, I

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Speaker 1: learned my lesson with the entertainment business, where you know

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Speaker 1: your passion, your interest really matters. Minority mindset. I'm not

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Speaker 1: making much money, I'm not actually making any money, but

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Speaker 1: it's fun and it's cool, and I actually really love

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Speaker 1: talking about money management and entrepreneurship and following your dreams

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Speaker 1: and the whole idea of taking different than the majority

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Speaker 1: of people. So I decided to go all in with

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Speaker 1: minority mindset. And now we are a full financial news

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Speaker 1: and education company and we published a daily financial news letter.

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Speaker 1: We have articles published on our website every single day

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Speaker 1: related to the financial news and financial education, and then

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Speaker 1: on YouTube we published videos related to financial news and

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Speaker 1: financial education. Nice dude, Well, hey, hey, we want to

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Speaker 1: ask you more about minority mindset and kind of what

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Speaker 1: you're up to right now and how things are going

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Speaker 1: on that front, and also just kind of you know,

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Speaker 1: what your philosophy is behind minority mindset. So we'll get

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Speaker 1: to some of those questions right after this break. All right, Joe,

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Speaker 1: we are back from the break talking with Josh Freed

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Speaker 1: seeing about entrepreneurship. And you know, jos Free, you're sharing

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Speaker 1: about minority mindset on your website. You say that it's

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Speaker 1: it's not the way you look, it's the way you think.

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Speaker 1: And if you keep doing what the majority of people do,

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Speaker 1: you're gonna end up like the majority of people. So

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Speaker 1: what do you think are the biggest financial mistakes that

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Speaker 1: the majority of our generation is currently making. Well, it

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Speaker 1: comes down to a few things. Money management is actually

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Speaker 1: very simple at a very broad level. I call it

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Speaker 1: the three keys of money. You got to spend less

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Speaker 1: than what you make, you get to work on earning

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Speaker 1: more money, and you need to invest like crazy. And

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Speaker 1: so if somebody is bad with their money, it's involving

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Speaker 1: one of those three keys. Either you're spending too much money,

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Speaker 1: you're not earning enough money, or you're not investing enough money.

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Speaker 1: And I think for the majority of Americans that comes

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Speaker 1: down to the very first thing. We like nice things

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Speaker 1: in America. I kind of make a joke, so my

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Speaker 1: family is from India, and India people make a dollar

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Speaker 1: to spend twenty cents. It's a saving heavy culture. So

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Speaker 1: people save, save, save, safe, save in India and they're

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Speaker 1: extreme savers. In America, people spend, spend, spend, spend, spend.

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Speaker 1: In America, people make one dollar to spend two dollars.

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Speaker 1: So it's a different kind of ideology where in America

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Speaker 1: we think, Okay, let me get this credit card, Let

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Speaker 1: ma get this line of cardit, let make it this loan,

428
00:20:26,000 --> 00:20:27,320
Speaker 1: and let me go buy a bunch of nice things.

429
00:20:27,400 --> 00:20:29,159
Speaker 1: Let me go buy some nice clothes, you know, a

430
00:20:29,240 --> 00:20:33,560
Speaker 1: nice car. So we want nice things, which nothing's wrong,

431
00:20:33,680 --> 00:20:35,480
Speaker 1: there's nothing wrong with that, but you have to be

432
00:20:35,520 --> 00:20:37,399
Speaker 1: able to afford the things that you buy. I just

433
00:20:37,440 --> 00:20:40,600
Speaker 1: made a video on zero percent APR financing. What happens

434
00:20:40,640 --> 00:20:42,880
Speaker 1: is the majority of people here, oh, zero percent APR,

435
00:20:43,040 --> 00:20:44,680
Speaker 1: and they start buying a bunch of nice things that

436
00:20:44,680 --> 00:20:47,080
Speaker 1: they cannot afford right now, and they start spend and

437
00:20:47,119 --> 00:20:49,280
Speaker 1: spend and spending, and then all the next thing, you know,

438
00:20:49,840 --> 00:20:51,639
Speaker 1: you want a bunch of nice things that you can't afford,

439
00:20:51,640 --> 00:20:53,480
Speaker 1: that you cannot afford to make the payments on, and

440
00:20:53,480 --> 00:20:55,639
Speaker 1: there's zero percent a p R teaser, Ray goes away

441
00:20:55,760 --> 00:20:59,959
Speaker 1: and now you're paying interest on your sofa. Yeah, that's

442
00:21:00,040 --> 00:21:03,840
Speaker 1: a not a good recipe for any sort of solid

443
00:21:03,880 --> 00:21:06,280
Speaker 1: financial habits or building wealth for the long term. Right.

444
00:21:06,720 --> 00:21:09,399
Speaker 1: And another part of that too, Jasper. Something that I

445
00:21:09,480 --> 00:21:11,400
Speaker 1: love that you focus on so much in what you're

446
00:21:11,400 --> 00:21:14,600
Speaker 1: doing is mindset. Right. You know, you just mentioned the

447
00:21:14,600 --> 00:21:17,719
Speaker 1: three keys that that are really I agree those are

448
00:21:17,720 --> 00:21:20,080
Speaker 1: like the three biggest things to understanding personal finance. But

449
00:21:20,400 --> 00:21:23,040
Speaker 1: mindset is huge too. And your mission is actually to

450
00:21:23,040 --> 00:21:25,399
Speaker 1: help people think differently. So what, in your opinion, are

451
00:21:25,440 --> 00:21:28,280
Speaker 1: the major mental stumbling blocks between us and our ability

452
00:21:28,560 --> 00:21:33,159
Speaker 1: to make more financial or entrepreneurial progress. So we stop

453
00:21:33,200 --> 00:21:36,080
Speaker 1: ourselves with the things that we say. You know, a

454
00:21:36,080 --> 00:21:39,159
Speaker 1: lot of times we think, oh, I can't be successful

455
00:21:39,240 --> 00:21:41,880
Speaker 1: like them. Success is for them. I can't be rich

456
00:21:41,960 --> 00:21:44,000
Speaker 1: like them. I can't do that. You know. I have

457
00:21:44,119 --> 00:21:46,399
Speaker 1: friends who think the same thing. They think, Oh, you know,

458
00:21:46,520 --> 00:21:50,879
Speaker 1: I've spent ten years studying to be a doctor or

459
00:21:50,880 --> 00:21:53,000
Speaker 1: an engineer, and I've worked all this time as a

460
00:21:53,040 --> 00:21:55,880
Speaker 1: doctor or an engineer. I can't change my career path now,

461
00:21:56,000 --> 00:21:58,120
Speaker 1: I can't do something else. I'm so committed to this

462
00:21:58,880 --> 00:22:01,880
Speaker 1: and you get into this I slippery slope where well,

463
00:22:01,880 --> 00:22:04,080
Speaker 1: if you don't do it now, you're gonna regret it

464
00:22:04,119 --> 00:22:06,120
Speaker 1: even more in five years, you're gonna regret it even

465
00:22:06,160 --> 00:22:08,919
Speaker 1: more in ten years. So you first had to tell

466
00:22:08,960 --> 00:22:11,119
Speaker 1: yourself that, look, time is on your side. At the

467
00:22:11,200 --> 00:22:13,240
Speaker 1: end of the day. Time is gonna go right because

468
00:22:13,240 --> 00:22:15,879
Speaker 1: it's time is gonna pass whether you do something or not.

469
00:22:16,080 --> 00:22:17,280
Speaker 1: So now is what do you want to do with

470
00:22:17,280 --> 00:22:19,959
Speaker 1: your time? And this is where we have to kind

471
00:22:19,960 --> 00:22:22,600
Speaker 1: of get over the hump of thinking that we can't

472
00:22:22,680 --> 00:22:25,000
Speaker 1: do something or that we're not able to do something,

473
00:22:25,200 --> 00:22:27,960
Speaker 1: because you know, there's really no limit to what we

474
00:22:27,960 --> 00:22:29,960
Speaker 1: can do in life. We we create our own limits,

475
00:22:30,000 --> 00:22:32,359
Speaker 1: and it's really hard to like see that until you

476
00:22:32,400 --> 00:22:34,800
Speaker 1: break through the ceiling that we have created for ourselves.

477
00:22:35,440 --> 00:22:37,680
Speaker 1: You know, I look at some of the most successful

478
00:22:37,680 --> 00:22:40,520
Speaker 1: people in the world. You look at Oprah, Steve Harvey,

479
00:22:40,720 --> 00:22:46,000
Speaker 1: Steve Jobs, everybody that became very successful. The reason they

480
00:22:46,000 --> 00:22:48,400
Speaker 1: became successful is not because they listened to what everybody

481
00:22:48,440 --> 00:22:50,399
Speaker 1: told them. The reason they became successful is because they

482
00:22:50,400 --> 00:22:52,680
Speaker 1: didn't listen to what everybody told them, and they did

483
00:22:52,800 --> 00:22:54,960
Speaker 1: what they wanted to do, and they were crazy enough

484
00:22:54,960 --> 00:22:57,280
Speaker 1: to believe in themselves. You don't have to be you know,

485
00:22:57,400 --> 00:22:59,760
Speaker 1: multi billion or to become successful. But if you really

486
00:22:59,760 --> 00:23:05,000
Speaker 1: want do something, it's creating that belief that, Okay, whatever

487
00:23:05,040 --> 00:23:06,359
Speaker 1: I want to do, I can do, but I just

488
00:23:06,400 --> 00:23:08,639
Speaker 1: have to take the steps necessary to make it happen.

489
00:23:09,040 --> 00:23:10,840
Speaker 1: And one thing that makes it a little bit easier

490
00:23:10,880 --> 00:23:14,080
Speaker 1: is if you understand money, because if you are financially stable,

491
00:23:14,320 --> 00:23:16,000
Speaker 1: it's a whole lot easier to go out and follow

492
00:23:16,040 --> 00:23:19,280
Speaker 1: your dreams and do something else. Yeah, yeah, absolutely, And

493
00:23:19,480 --> 00:23:20,960
Speaker 1: I mean you're talking about passion here, you know, and

494
00:23:20,960 --> 00:23:22,680
Speaker 1: you hinted at this a little bit there earlier. How

495
00:23:22,680 --> 00:23:25,520
Speaker 1: you're doing something now that you are passionate about, and

496
00:23:25,560 --> 00:23:28,880
Speaker 1: how that can be just a major part of our

497
00:23:28,960 --> 00:23:31,679
Speaker 1: success when it comes to our our our occupations. You

498
00:23:31,720 --> 00:23:34,879
Speaker 1: talked about your willingness as well to forego sleep and

499
00:23:35,040 --> 00:23:37,040
Speaker 1: to work like sixteen hour days in order to build

500
00:23:37,080 --> 00:23:39,720
Speaker 1: something great. So do you think that you know that

501
00:23:39,760 --> 00:23:43,359
Speaker 1: type of sacrifice it's always necessary for entrepreneurs who are

502
00:23:43,359 --> 00:23:46,479
Speaker 1: trying to to build something great. So I'm not going

503
00:23:46,560 --> 00:23:48,480
Speaker 1: to speak for other people. I'm gonna speak for myself

504
00:23:48,800 --> 00:23:53,119
Speaker 1: because this has has kind of wavered when I was

505
00:23:53,119 --> 00:23:56,720
Speaker 1: starting off in entrepreneurship. I didn't sleep much. I was

506
00:23:56,760 --> 00:24:00,199
Speaker 1: working around the clock, and I mean like I's probably up,

507
00:24:00,240 --> 00:24:02,320
Speaker 1: like four hours a day was considered a good night.

508
00:24:02,600 --> 00:24:06,199
Speaker 1: So I was working as much as possible and I

509
00:24:06,200 --> 00:24:08,520
Speaker 1: didn't know anything else. I was like, Okay, you know,

510
00:24:09,040 --> 00:24:11,560
Speaker 1: the least I can do is hustle because my parents

511
00:24:11,560 --> 00:24:13,680
Speaker 1: are immigrants in this country. And I saw how hard

512
00:24:13,680 --> 00:24:15,879
Speaker 1: my parents had to work because my dad always raised

513
00:24:15,920 --> 00:24:19,160
Speaker 1: me with there's no excuses mindset. Because when I was young,

514
00:24:19,320 --> 00:24:20,800
Speaker 1: my dad I was told me that there's no such

515
00:24:20,880 --> 00:24:23,680
Speaker 1: thing as a sick day because if you're sick, you're

516
00:24:23,680 --> 00:24:25,000
Speaker 1: not going to work. If you're not going to work

517
00:24:25,000 --> 00:24:26,399
Speaker 1: and not getting paid. If you don't get paid, you

518
00:24:26,440 --> 00:24:28,440
Speaker 1: know eat. So if you're sick, you gotta go to work,

519
00:24:28,480 --> 00:24:30,160
Speaker 1: like it's just not something you do. You don't take

520
00:24:30,240 --> 00:24:33,199
Speaker 1: days off. So that's how I was raised, and you know,

521
00:24:33,280 --> 00:24:35,800
Speaker 1: I'm starting my business and I kept the same mentality

522
00:24:35,960 --> 00:24:38,960
Speaker 1: where you don't you don't take days off, and it

523
00:24:39,000 --> 00:24:42,119
Speaker 1: depends on the person. For me, it worked because I

524
00:24:42,160 --> 00:24:44,800
Speaker 1: had that drive and I had that ability to grind,

525
00:24:45,119 --> 00:24:47,040
Speaker 1: and I could work, you know, day after day after day,

526
00:24:47,040 --> 00:24:48,280
Speaker 1: and it would be hard because, like I'll tell you,

527
00:24:48,320 --> 00:24:51,960
Speaker 1: in college, Monday through Friday, Monday through Thursday, I was,

528
00:24:52,280 --> 00:24:54,320
Speaker 1: you know, in class all the time studying. I took

529
00:24:54,359 --> 00:24:55,919
Speaker 1: a lot of hard classes. I was a cramming my

530
00:24:55,920 --> 00:24:57,760
Speaker 1: classes because I wanted to get all the pre med

531
00:24:57,840 --> 00:25:01,560
Speaker 1: stuff done. Thursday night we'd have college Night, so I'd

532
00:25:01,560 --> 00:25:05,439
Speaker 1: be getting at the venue by like eight pm. The

533
00:25:05,480 --> 00:25:08,800
Speaker 1: party starts at ten, party gets done at two. After two,

534
00:25:09,080 --> 00:25:10,840
Speaker 1: you got two in the morning. We're talking about now

535
00:25:10,960 --> 00:25:13,920
Speaker 1: tow in the morning, you gotta take everything down. You're

536
00:25:13,960 --> 00:25:16,840
Speaker 1: not home until what three four in the morning. Now,

537
00:25:17,160 --> 00:25:22,560
Speaker 1: Friday class again, and then Friday night is maybe another party.

538
00:25:22,640 --> 00:25:25,119
Speaker 1: We do the same thing again. And then Saturday, so

539
00:25:25,160 --> 00:25:26,960
Speaker 1: now we're I worked in the wedding business as well.

540
00:25:27,080 --> 00:25:30,480
Speaker 1: So Saturday morning we'd be up at like six in

541
00:25:30,480 --> 00:25:32,920
Speaker 1: the morning. So if I went to bed at three four,

542
00:25:33,200 --> 00:25:35,159
Speaker 1: I'd be up by six because now I gotta go

543
00:25:35,200 --> 00:25:37,000
Speaker 1: set up at a wedding. And I'd be at this

544
00:25:37,080 --> 00:25:41,280
Speaker 1: wedding from six am until midnight. After midnight, you got

545
00:25:41,280 --> 00:25:43,879
Speaker 1: to tear it down. So from midnight to one or

546
00:25:43,920 --> 00:25:46,720
Speaker 1: two again, tear down two in the morning, get home.

547
00:25:46,960 --> 00:25:50,720
Speaker 1: On Sunday, go to sleep, get back to homework, and

548
00:25:50,720 --> 00:25:52,639
Speaker 1: started up the next week. So that was that was

549
00:25:52,680 --> 00:25:55,720
Speaker 1: my routine and even building minority mindset. I started a

550
00:25:55,720 --> 00:25:58,439
Speaker 1: minority mindset when I was in law school, so the

551
00:25:58,520 --> 00:26:03,120
Speaker 1: same thing. We school all day and then minority mindset.

552
00:26:03,320 --> 00:26:06,240
Speaker 1: And then I even I was never used to the camera,

553
00:26:06,400 --> 00:26:09,479
Speaker 1: so I took acting classes in the evening, So law school,

554
00:26:09,600 --> 00:26:13,119
Speaker 1: minority mindset, bind what the sock business I was doing?

555
00:26:13,359 --> 00:26:16,479
Speaker 1: And acting class in the evening nighttime, and so I

556
00:26:16,520 --> 00:26:18,119
Speaker 1: wasn't sleeping much. It was just something that I had

557
00:26:18,160 --> 00:26:21,439
Speaker 1: to do. Then when I finished law school, I was like, okay,

558
00:26:21,480 --> 00:26:23,040
Speaker 1: I need to take a break now because I have

559
00:26:23,119 --> 00:26:27,080
Speaker 1: been going on full speed for years. So I started

560
00:26:27,080 --> 00:26:30,159
Speaker 1: to sleep in eight nine hours a night, and I

561
00:26:30,200 --> 00:26:33,359
Speaker 1: got a little complacent. I was like, man, this is

562
00:26:33,400 --> 00:26:36,160
Speaker 1: this is weird. So that's when I started to look

563
00:26:36,160 --> 00:26:37,720
Speaker 1: at myself. I was like, you know, what is it

564
00:26:37,720 --> 00:26:39,159
Speaker 1: that you need? Because everybody is different. This is what

565
00:26:39,240 --> 00:26:42,000
Speaker 1: I started to learn is that some people are okay

566
00:26:42,160 --> 00:26:45,200
Speaker 1: on six hours of sleep, other people need eight hours

567
00:26:45,200 --> 00:26:48,640
Speaker 1: of sleep. You gotta know yourself. I don't perform as

568
00:26:48,640 --> 00:26:50,760
Speaker 1: well as I do when I get a you know,

569
00:26:50,840 --> 00:26:52,320
Speaker 1: kind of that middle round of sleep. I don't like

570
00:26:52,320 --> 00:26:54,399
Speaker 1: sleeping four hours a night anymore. I'm gonna be honest.

571
00:26:54,600 --> 00:26:56,560
Speaker 1: My friends kind of joke about this because it's like, man,

572
00:26:56,760 --> 00:26:59,920
Speaker 1: just you're sleeping so much. I can't do that anymore.

573
00:27:00,359 --> 00:27:03,119
Speaker 1: Everybody's different, as everybody performs at different levels, and you

574
00:27:03,200 --> 00:27:05,840
Speaker 1: gotta find what the level is for you. Yeah, dude,

575
00:27:05,840 --> 00:27:08,439
Speaker 1: that's great stuff. Just fre We want to talk more about,

576
00:27:08,760 --> 00:27:12,880
Speaker 1: specifically starting the YouTube channel of Minority Mindset, how that's

577
00:27:13,200 --> 00:27:16,320
Speaker 1: taken off and become so popular, and YouTube is kind

578
00:27:16,320 --> 00:27:18,920
Speaker 1: of this thing that that feels a bit more attainable

579
00:27:18,960 --> 00:27:21,119
Speaker 1: to a lot of folks these days. But you've actually

580
00:27:21,119 --> 00:27:23,120
Speaker 1: done it and you've built something big. So we want

581
00:27:23,160 --> 00:27:24,760
Speaker 1: to talk to you more about how you did that

582
00:27:24,800 --> 00:27:27,680
Speaker 1: and kind of what lessons our listeners can take from

583
00:27:27,800 --> 00:27:29,760
Speaker 1: your journey, and we'll get to some of those right

584
00:27:29,760 --> 00:27:41,520
Speaker 1: after the break. Joel again, we are back from the break.

585
00:27:41,520 --> 00:27:43,840
Speaker 1: We're talking here with Josh Spreet seeing and let's talk

586
00:27:43,960 --> 00:27:46,720
Speaker 1: now a little bit about YouTube. Jo Spreet. This is

587
00:27:46,720 --> 00:27:49,119
Speaker 1: an area that Joel and I, like we've got little

588
00:27:49,320 --> 00:27:53,639
Speaker 1: experience in except for just like watching YouTube videos. But

589
00:27:54,000 --> 00:27:56,479
Speaker 1: you know, the startup costs are obviously less expensive than

590
00:27:56,520 --> 00:27:59,040
Speaker 1: a traditional business or even real estate unless you find

591
00:27:59,040 --> 00:28:01,119
Speaker 1: an eight thousand dollar deal like you did. But it

592
00:28:01,240 --> 00:28:04,600
Speaker 1: seems that the journey to profitability it takes maybe a

593
00:28:04,640 --> 00:28:07,119
Speaker 1: little bit more time when it comes to YouTube. You know,

594
00:28:07,160 --> 00:28:09,479
Speaker 1: you talked about how maybe slowly over time, the you know,

595
00:28:09,520 --> 00:28:11,919
Speaker 1: the ad revenue came in. But you know, tell us

596
00:28:11,960 --> 00:28:14,840
Speaker 1: about what that journey looked like overall to build a

597
00:28:14,920 --> 00:28:17,840
Speaker 1: YouTube channel and specifically to like why did you choose

598
00:28:17,920 --> 00:28:20,560
Speaker 1: YouTube and videos? You know, like you mentioned earlier that

599
00:28:20,560 --> 00:28:23,840
Speaker 1: it seemed like you enjoyed talking. Is that why YouTube

600
00:28:23,880 --> 00:28:26,280
Speaker 1: videos felt like a just kind of a natural extension

601
00:28:26,359 --> 00:28:29,159
Speaker 1: of maybe a way to communicate your message. Yeah, so

602
00:28:29,240 --> 00:28:31,119
Speaker 1: let's start with that. Why did I pick YouTube? The

603
00:28:31,160 --> 00:28:34,880
Speaker 1: options for me were YouTube or my blog. I went

604
00:28:35,000 --> 00:28:38,120
Speaker 1: YouTube because one I didn't I wasn't a good writer.

605
00:28:38,200 --> 00:28:41,120
Speaker 1: I'm not a good writer. I'm not the best English person.

606
00:28:41,160 --> 00:28:44,040
Speaker 1: English was my second language. So I've went with YouTube

607
00:28:44,040 --> 00:28:45,440
Speaker 1: for that, and you know, I'm very glad that I

608
00:28:45,480 --> 00:28:48,920
Speaker 1: did because it's it fits my personality better. Now let's

609
00:28:48,920 --> 00:28:52,880
Speaker 1: talk about YouTube as a business. I do not recommend

610
00:28:53,080 --> 00:28:57,640
Speaker 1: anybody start a YouTube channel with the goal of making money. Okay,

611
00:28:57,800 --> 00:28:59,840
Speaker 1: YouTube is a great platform when you can make a

612
00:29:00,080 --> 00:29:03,200
Speaker 1: hund of money on YouTube. But if you go into

613
00:29:03,240 --> 00:29:05,400
Speaker 1: YouTube with the mindset of, Okay, I want to make

614
00:29:05,520 --> 00:29:06,960
Speaker 1: videos so I can make money, you are going to

615
00:29:07,000 --> 00:29:09,720
Speaker 1: be very disappointed because it is not as easy that

616
00:29:09,920 --> 00:29:12,280
Speaker 1: as a lot of people make it seem. It took

617
00:29:12,320 --> 00:29:15,840
Speaker 1: me about a year and a half to get my

618
00:29:15,880 --> 00:29:19,640
Speaker 1: first ad revenue check from YouTube. And so again, you know,

619
00:29:19,680 --> 00:29:23,440
Speaker 1: the first year, nobody's watching you, nobody knows who you are,

620
00:29:23,880 --> 00:29:26,280
Speaker 1: nobody's commenting or living a thumbs up. And so the

621
00:29:26,320 --> 00:29:28,720
Speaker 1: first year and a half, you know, was that real

622
00:29:28,760 --> 00:29:30,320
Speaker 1: growth phase. And that's when I got my first check

623
00:29:30,360 --> 00:29:32,400
Speaker 1: from YouTube. And for the first year and a half,

624
00:29:32,440 --> 00:29:38,120
Speaker 1: I made like in YouTube add but I'm pretty sure

625
00:29:38,160 --> 00:29:41,400
Speaker 1: it's under Yeah, you know, I'm gonna and I'm an attorney, right,

626
00:29:41,440 --> 00:29:45,320
Speaker 1: so I can make a lot more money than I

627
00:29:45,320 --> 00:29:49,240
Speaker 1: could um making YouTube videos. But for me, it wasn't

628
00:29:49,600 --> 00:29:52,240
Speaker 1: I wasn't doing YouTube because I wanted to really build

629
00:29:52,280 --> 00:29:54,000
Speaker 1: a business for me. At this point, I was like,

630
00:29:54,360 --> 00:29:55,840
Speaker 1: you know, I was still doing the sock business at

631
00:29:55,840 --> 00:29:57,520
Speaker 1: the same time too, So I was just doing YouTube

632
00:29:57,520 --> 00:30:00,000
Speaker 1: because I figured I want to put this information out there.

633
00:30:00,080 --> 00:30:02,240
Speaker 1: Had this knowledge and stuff that I wanted to just

634
00:30:02,280 --> 00:30:04,200
Speaker 1: put out there because I wanted to help someone else out.

635
00:30:05,080 --> 00:30:07,440
Speaker 1: And it wasn't until like I think we were at

636
00:30:07,480 --> 00:30:09,840
Speaker 1: like a hundred and fifty tho YouTube subscribe or something

637
00:30:09,840 --> 00:30:12,240
Speaker 1: in that range where I was like, you know, maybe

638
00:30:12,320 --> 00:30:15,320
Speaker 1: I should go YouTube instead of the sock business. And

639
00:30:15,920 --> 00:30:18,160
Speaker 1: there's a few ways you can make money on YouTube.

640
00:30:18,160 --> 00:30:21,200
Speaker 1: One is just being a creator, so just being entertaining

641
00:30:21,240 --> 00:30:25,160
Speaker 1: and getting views and doing getting advertising money. The second

642
00:30:25,160 --> 00:30:30,600
Speaker 1: way is more of a business perspective, where you know,

643
00:30:30,640 --> 00:30:32,760
Speaker 1: every business at the end of the day, the way

644
00:30:32,800 --> 00:30:34,960
Speaker 1: it works is you have a product that you sell

645
00:30:35,480 --> 00:30:37,880
Speaker 1: and you have customers that buy your product. So this

646
00:30:37,960 --> 00:30:41,440
Speaker 1: could be socks, This can be your financial services. That

647
00:30:41,480 --> 00:30:43,960
Speaker 1: can be your consulting. This can be supplements that you

648
00:30:44,000 --> 00:30:45,240
Speaker 1: sound like. It doesn't matter, right at the end of

649
00:30:45,240 --> 00:30:47,000
Speaker 1: the day, every business is the same. You need customers

650
00:30:47,040 --> 00:30:49,480
Speaker 1: that need a product. YouTube is a way for you

651
00:30:49,640 --> 00:30:53,120
Speaker 1: to get in front of people, and people will want

652
00:30:53,200 --> 00:30:56,000
Speaker 1: you on YouTube if you are entertaining, right, if you

653
00:30:56,360 --> 00:30:58,560
Speaker 1: if you give people education, if you if you give

654
00:30:58,600 --> 00:31:00,880
Speaker 1: somebody some sort of value, they will watch you on YouTube.

655
00:31:01,240 --> 00:31:03,040
Speaker 1: It takes a while, but they will watch you. And

656
00:31:03,080 --> 00:31:05,360
Speaker 1: now what you can do here is you can market

657
00:31:05,400 --> 00:31:08,520
Speaker 1: your services. So if you are you know, let's say

658
00:31:08,520 --> 00:31:12,280
Speaker 1: you sell life insurance. For example, you sell life insurance,

659
00:31:12,760 --> 00:31:15,520
Speaker 1: you can put out information regarding life insurance on YouTube

660
00:31:15,520 --> 00:31:17,760
Speaker 1: and say at the end of the video, Hey, if

661
00:31:17,800 --> 00:31:19,960
Speaker 1: you are interested in getting your own life insurance policy,

662
00:31:20,160 --> 00:31:23,040
Speaker 1: contact me off my office. My number is below. Because

663
00:31:23,240 --> 00:31:26,280
Speaker 1: YouTube is weird or not weird, just amazing, because it's

664
00:31:26,280 --> 00:31:29,800
Speaker 1: a mix of a social media platform and a search engine. Right,

665
00:31:29,840 --> 00:31:32,360
Speaker 1: Like Google is a search engine, it's hard to go

666
00:31:32,480 --> 00:31:36,560
Speaker 1: viral on Google. Instagram is a social media platform. You

667
00:31:36,560 --> 00:31:38,840
Speaker 1: can go viral on Instagram, but people don't go to

668
00:31:38,880 --> 00:31:41,920
Speaker 1: Instagram to search how do I learn about life insurance? Right?

669
00:31:41,960 --> 00:31:44,080
Speaker 1: So YouTube is that cool blend where you can go

670
00:31:44,120 --> 00:31:47,120
Speaker 1: to YouTube, people are searching, um, life insurance, people are

671
00:31:47,160 --> 00:31:48,959
Speaker 1: searching how do I lose weight? People are searching how

672
00:31:49,000 --> 00:31:52,880
Speaker 1: do I cook cookies? Or are they bake cookies? Um?

673
00:31:52,960 --> 00:31:55,200
Speaker 1: And so you can go there to YouTube and people

674
00:31:55,200 --> 00:31:57,760
Speaker 1: are going through to search things. And so now, if

675
00:31:57,760 --> 00:32:00,160
Speaker 1: you are entertaining, you make this stuff fun, which is

676
00:32:00,160 --> 00:32:02,720
Speaker 1: the hard part. If you can make this stuff fun

677
00:32:02,880 --> 00:32:06,400
Speaker 1: and give people value, then you will be seen on YouTube.

678
00:32:06,440 --> 00:32:08,880
Speaker 1: Eventually and then people will watch you. And then that's

679
00:32:08,920 --> 00:32:11,320
Speaker 1: where you could either you can market your services or

680
00:32:11,360 --> 00:32:13,760
Speaker 1: if you're an actor, just make entertaining videos and if

681
00:32:13,760 --> 00:32:15,800
Speaker 1: people watch it, then you'll get paid more money for

682
00:32:15,880 --> 00:32:18,320
Speaker 1: advertising because you have more people watching your videos. You're

683
00:32:18,320 --> 00:32:20,120
Speaker 1: gonna have when more people watching a video of you

684
00:32:20,200 --> 00:32:23,640
Speaker 1: going down the street and like throwing whip cream on

685
00:32:23,640 --> 00:32:26,720
Speaker 1: people's faces than you will if you're talking about life insurance, right,

686
00:32:26,760 --> 00:32:29,720
Speaker 1: but people get compensated in different ways. I think certainly,

687
00:32:29,760 --> 00:32:31,479
Speaker 1: like that's probably the biggest hurdle when it comes to

688
00:32:31,560 --> 00:32:34,640
Speaker 1: talking about money and personal finances, right. The biggest hurdle

689
00:32:34,720 --> 00:32:37,280
Speaker 1: is making it not boring. And I think that's the

690
00:32:37,280 --> 00:32:39,160
Speaker 1: biggest thing is set you apart just for you, you

691
00:32:39,240 --> 00:32:41,680
Speaker 1: agree that that essentially you know, there are tons of

692
00:32:41,680 --> 00:32:45,560
Speaker 1: people giving financial advice, giving solid financial advice on YouTube,

693
00:32:45,880 --> 00:32:48,800
Speaker 1: but their views are dwarfed by yours. And I think

694
00:32:48,840 --> 00:32:51,000
Speaker 1: in large part that's because you bring the energy and

695
00:32:51,000 --> 00:32:52,840
Speaker 1: you make it interesting and fun. Do you think that's

696
00:32:52,840 --> 00:32:55,600
Speaker 1: what sets you apart? Yeah? I mean, you know, first off,

697
00:32:55,600 --> 00:33:00,000
Speaker 1: we're blessed with our audience is amazing. Our audiences has

698
00:33:00,240 --> 00:33:03,120
Speaker 1: very loyal and the love our content, and I think

699
00:33:03,760 --> 00:33:05,800
Speaker 1: part of that one because they are all some. Secondly

700
00:33:05,880 --> 00:33:09,560
Speaker 1: is because I try not to keep the content boring.

701
00:33:10,560 --> 00:33:14,000
Speaker 1: And the reason is because I look at myself. If

702
00:33:14,040 --> 00:33:16,520
Speaker 1: I was the one watching these videos, I would be

703
00:33:16,600 --> 00:33:20,880
Speaker 1: so bored with somebody just standing there teaching you about

704
00:33:20,880 --> 00:33:24,360
Speaker 1: the time value of money through like a textbook style lecture. Like,

705
00:33:25,280 --> 00:33:27,960
Speaker 1: you know, I don't want to sit in school, like

706
00:33:28,000 --> 00:33:30,200
Speaker 1: feel like I'm in school when I'm watching YouTube. I

707
00:33:30,240 --> 00:33:32,080
Speaker 1: want to feel like I'm having fun and learning at

708
00:33:32,120 --> 00:33:33,880
Speaker 1: the same time. So that's one of the goals that

709
00:33:33,920 --> 00:33:35,200
Speaker 1: I try to do with YouTube is trying to make

710
00:33:35,200 --> 00:33:37,080
Speaker 1: it entertaining, trying to make it fun. But it's got

711
00:33:37,080 --> 00:33:38,720
Speaker 1: to be a balance. And that's something that you know,

712
00:33:38,880 --> 00:33:41,440
Speaker 1: I try to figure out myself too, is how much

713
00:33:41,440 --> 00:33:42,880
Speaker 1: do we want to be on the entertaining side. But

714
00:33:42,920 --> 00:33:44,400
Speaker 1: you know, because I'm not a comedian, I'm not a

715
00:33:44,440 --> 00:33:46,560
Speaker 1: stand up comedian, and we want to make sure that

716
00:33:46,600 --> 00:33:50,120
Speaker 1: we're still delivering the financial education but making it kind

717
00:33:50,160 --> 00:33:52,160
Speaker 1: of that right amount of fun. And I don't know

718
00:33:52,200 --> 00:33:54,320
Speaker 1: what the right amount is. You know, we always change

719
00:33:54,320 --> 00:33:56,920
Speaker 1: it to. You know, sometimes we're a lot funnier, sometimes

720
00:33:56,960 --> 00:33:59,040
Speaker 1: we're a lot more serious. So it's it's finding that

721
00:33:59,080 --> 00:34:02,440
Speaker 1: balance for you and really getting your personality out right.

722
00:34:02,480 --> 00:34:04,760
Speaker 1: I'm a sarcastic person. I make jokes, I make fun

723
00:34:04,760 --> 00:34:06,320
Speaker 1: of people. That's who I am, So that's how I

724
00:34:06,400 --> 00:34:09,120
Speaker 1: talk on camera. Other people are more serious, and you know,

725
00:34:09,120 --> 00:34:12,120
Speaker 1: there are some people who make very good serious videos. Sonna.

726
00:34:12,239 --> 00:34:14,360
Speaker 1: Have to find a balance for you, well just pre

727
00:34:14,520 --> 00:34:16,959
Speaker 1: well so for someone who is looking to maybe start

728
00:34:17,000 --> 00:34:20,680
Speaker 1: their own YouTube channel. You know, again you mentioned to

729
00:34:21,000 --> 00:34:23,319
Speaker 1: don't set out to make this, uh you know, a

730
00:34:23,360 --> 00:34:26,200
Speaker 1: full on business. Uh maybe that would be sort of

731
00:34:26,520 --> 00:34:28,839
Speaker 1: like a side beneficitly profitable or Yeah, it's not going

732
00:34:28,880 --> 00:34:31,200
Speaker 1: to be an instant thing. But but what advice do

733
00:34:31,239 --> 00:34:33,000
Speaker 1: you have for someone out there who is looking to

734
00:34:33,000 --> 00:34:34,600
Speaker 1: start their own YouTube channel? You know, like, do you

735
00:34:34,600 --> 00:34:37,440
Speaker 1: have some specific tips to give folks or maybe just

736
00:34:37,480 --> 00:34:39,920
Speaker 1: even some practical steps that they can kind of follow

737
00:34:39,960 --> 00:34:42,200
Speaker 1: as they start thinking through what that should look like

738
00:34:42,239 --> 00:34:44,640
Speaker 1: for them. Absolutely so, the first thing you want to

739
00:34:44,680 --> 00:34:46,520
Speaker 1: do is don't don't start spending money on a bunch

740
00:34:46,520 --> 00:34:49,080
Speaker 1: of things. I think there's this big rabbit hole that

741
00:34:49,200 --> 00:34:52,000
Speaker 1: people think, Okay, I need lighting, I need a camera,

742
00:34:52,160 --> 00:34:55,680
Speaker 1: I need softwares, I need audio equipment. When I first

743
00:34:55,719 --> 00:34:59,160
Speaker 1: started making videos. My setup was very, very very cheap.

744
00:34:59,200 --> 00:35:01,480
Speaker 1: I had a white wall, and I took my cell

745
00:35:01,480 --> 00:35:03,520
Speaker 1: phone and I put it on a tripod. The tripod

746
00:35:03,520 --> 00:35:05,080
Speaker 1: I got from Amazon. I think it was like twenty

747
00:35:05,120 --> 00:35:07,120
Speaker 1: five bucks. That was the only thing that I had.

748
00:35:07,440 --> 00:35:10,759
Speaker 1: I don't have any fancy like backdrop. I had no

749
00:35:10,920 --> 00:35:13,200
Speaker 1: video editing software. I had a free software on a computer.

750
00:35:13,400 --> 00:35:16,280
Speaker 1: I had no audio equipment. I literally just recorded videos

751
00:35:16,280 --> 00:35:19,320
Speaker 1: in front of my cell phone. So you can start,

752
00:35:19,360 --> 00:35:21,880
Speaker 1: and you should start, especially if you are trying to,

753
00:35:21,960 --> 00:35:24,480
Speaker 1: you know, get into entrepreneurship or trying to figure out

754
00:35:24,520 --> 00:35:26,960
Speaker 1: how you can start from a low cost. I would

755
00:35:26,960 --> 00:35:29,440
Speaker 1: not recommend you go out and spend more than let's

756
00:35:29,480 --> 00:35:32,280
Speaker 1: say a hundred dollars or two hundred dollars on getting started.

757
00:35:32,360 --> 00:35:37,920
Speaker 1: So keep your costs low because people are gonna you know,

758
00:35:38,200 --> 00:35:40,440
Speaker 1: your backdrop or your lighting is not going to be

759
00:35:40,480 --> 00:35:43,000
Speaker 1: the reason why people watch you. People are gonna watch

760
00:35:43,040 --> 00:35:46,080
Speaker 1: you for you and your content. Once people start watching you,

761
00:35:46,160 --> 00:35:48,000
Speaker 1: then yeah, invest in your content so it's a more

762
00:35:48,080 --> 00:35:50,799
Speaker 1: enjoyable experience. But people are gonna watch you for more

763
00:35:50,840 --> 00:35:52,560
Speaker 1: than just what your backdrop or your lighting or your

764
00:35:52,680 --> 00:35:56,440
Speaker 1: editing looks. Like keep your startup costs low. Second, is

765
00:35:56,880 --> 00:36:00,480
Speaker 1: no your niche whatever it is, whether it be finance

766
00:36:00,560 --> 00:36:04,480
Speaker 1: or fitness or health or whatever it is, you know

767
00:36:04,600 --> 00:36:06,680
Speaker 1: what it is that you want to talk about and

768
00:36:07,120 --> 00:36:09,000
Speaker 1: be confident in what you talk about. There's a lot

769
00:36:09,040 --> 00:36:11,160
Speaker 1: of people on YouTube that to say things and they're

770
00:36:11,200 --> 00:36:14,319
Speaker 1: scared too. They're scared that they're gonna make somebody feel bad.

771
00:36:15,000 --> 00:36:17,799
Speaker 1: But no matter what you say, somebody's gonna feel bad.

772
00:36:17,960 --> 00:36:20,800
Speaker 1: It's just the reality of things. I mean, I can say, hey, guys,

773
00:36:21,120 --> 00:36:23,239
Speaker 1: make sure you're smart with your money, and I'm gonna

774
00:36:23,280 --> 00:36:25,799
Speaker 1: get hey comments saying life is not about money. There's

775
00:36:25,840 --> 00:36:26,960
Speaker 1: more to life than money. What do you mean to

776
00:36:26,960 --> 00:36:28,440
Speaker 1: be smart with your money? Why do you be You know,

777
00:36:28,719 --> 00:36:31,440
Speaker 1: like people are gonna get mad, so say whatever it

778
00:36:31,520 --> 00:36:36,480
Speaker 1: is you have to say trolls and hitters exactly, and

779
00:36:36,560 --> 00:36:38,719
Speaker 1: so you know, just understand that going in and it

780
00:36:39,360 --> 00:36:42,040
Speaker 1: is hard, Like it's very easy for someone to say, oh, yeah,

781
00:36:42,320 --> 00:36:44,200
Speaker 1: trolls are not gonna affect me, hitter is not gonna

782
00:36:44,200 --> 00:36:46,520
Speaker 1: affect me. But when you start to actually put a

783
00:36:46,640 --> 00:36:48,239
Speaker 1: videos and you start to see a lot of these

784
00:36:48,280 --> 00:36:51,480
Speaker 1: people saying, wow, why is your nose that shape? You know,

785
00:36:51,520 --> 00:36:54,160
Speaker 1: why are you looking like this? What? You know? Eventually

786
00:36:54,239 --> 00:36:55,960
Speaker 1: kind of like oh is this you know you kind

787
00:36:55,960 --> 00:36:57,839
Speaker 1: of go through that phase everybody goes through where it's

788
00:36:57,880 --> 00:37:00,880
Speaker 1: like this is weird while eyes is all this happening.

789
00:37:00,920 --> 00:37:03,319
Speaker 1: I'm just trying to help people. Why are people hating

790
00:37:03,400 --> 00:37:06,400
Speaker 1: so much? So understand that that's going to happen, and

791
00:37:06,520 --> 00:37:09,040
Speaker 1: third have fun with it. You know, it's it's it's

792
00:37:09,360 --> 00:37:12,080
Speaker 1: it's It's not going to be an overnight thing. Like

793
00:37:12,120 --> 00:37:14,800
Speaker 1: YouTube is a slow game. Everybody has a different speed.

794
00:37:14,840 --> 00:37:17,719
Speaker 1: Some people their channels blow up in four weeks, other

795
00:37:17,760 --> 00:37:20,560
Speaker 1: people takes four years. I don't know how long it's

796
00:37:20,560 --> 00:37:22,719
Speaker 1: gonna take you, and you you can't predict that either.

797
00:37:23,760 --> 00:37:26,000
Speaker 1: You know, you can learn. You can take YouTube classes.

798
00:37:26,040 --> 00:37:27,879
Speaker 1: You can learn about s e O, you can learn

799
00:37:27,880 --> 00:37:29,839
Speaker 1: about how to make content more engaging. You can try

800
00:37:29,880 --> 00:37:33,080
Speaker 1: to take acting classes. I recommend trying to do everything

801
00:37:33,120 --> 00:37:35,000
Speaker 1: because you don't know what's gonna work for you, and

802
00:37:35,080 --> 00:37:39,280
Speaker 1: just be consistent. At the end of the day. YouTube

803
00:37:39,360 --> 00:37:41,320
Speaker 1: doesn't want to make a video viral for just the

804
00:37:41,400 --> 00:37:45,040
Speaker 1: channel and puts out one video sporadically created like a

805
00:37:45,120 --> 00:37:48,080
Speaker 1: TV show almost like if you're gonna put out videos

806
00:37:48,120 --> 00:37:50,560
Speaker 1: once a week, then decide, Okay, I'm gonna put a

807
00:37:50,640 --> 00:37:53,399
Speaker 1: video every Thursday at you know, seven in the morning

808
00:37:53,480 --> 00:37:56,840
Speaker 1: or whatever time it is to be consistent. That way,

809
00:37:57,200 --> 00:37:59,799
Speaker 1: YouTube kind of sees that you're, hey, this person is

810
00:38:00,000 --> 00:38:02,160
Speaker 1: reading this seriously and they're consistently putting out content, and

811
00:38:02,160 --> 00:38:04,680
Speaker 1: your fans, you're gonna appreciate that too, because they're gonna know,

812
00:38:05,000 --> 00:38:06,799
Speaker 1: all right, this person is putting out a video every

813
00:38:06,840 --> 00:38:08,719
Speaker 1: Thursday at seven in the morning, so I need to

814
00:38:08,760 --> 00:38:11,280
Speaker 1: come back on Thursday. I mean, you're're talking about being consistent,

815
00:38:11,320 --> 00:38:14,440
Speaker 1: basically putting it on a schedule, and it takes that necessarily.

816
00:38:14,440 --> 00:38:16,400
Speaker 1: It doesn't take spending a ton of money up front,

817
00:38:16,840 --> 00:38:20,120
Speaker 1: potentially going broke in order to to pursue this hobby.

818
00:38:20,520 --> 00:38:22,520
Speaker 1: Just for you mentioned acting classes as well, like you

819
00:38:22,520 --> 00:38:25,120
Speaker 1: mentioned this earlier, uh and on the episode, like, at

820
00:38:25,160 --> 00:38:27,759
Speaker 1: what point did you get to before you started taking

821
00:38:27,760 --> 00:38:30,520
Speaker 1: those acting classes to get more comfortable in front of

822
00:38:30,520 --> 00:38:34,080
Speaker 1: the camera. I don't think I hit ten thousand subscribers,

823
00:38:34,120 --> 00:38:36,279
Speaker 1: or maybe I was right around the ten thousand subscriber mark,

824
00:38:36,640 --> 00:38:38,759
Speaker 1: so it was pretty early on. I was starting to

825
00:38:38,840 --> 00:38:41,000
Speaker 1: have fun with it, but I just realized that I

826
00:38:41,080 --> 00:38:43,319
Speaker 1: was really bad on camera because I had never had

827
00:38:43,320 --> 00:38:46,280
Speaker 1: any experience on this. I was a really awkward standing

828
00:38:46,320 --> 00:38:48,680
Speaker 1: there and talking, so I don't know what to do.

829
00:38:48,760 --> 00:38:50,640
Speaker 1: And I had to find an acting class, like not

830
00:38:50,719 --> 00:38:52,880
Speaker 1: too far away. So I just enrolled in that and

831
00:38:52,920 --> 00:38:55,560
Speaker 1: I took it because I, you know, I was I

832
00:38:56,280 --> 00:38:58,960
Speaker 1: think of I'm good at not being scared of going

833
00:38:58,960 --> 00:39:01,239
Speaker 1: out of my comfort zone and doing weird things. So

834
00:39:01,440 --> 00:39:02,839
Speaker 1: I was like, you know, let me try this, because

835
00:39:02,840 --> 00:39:04,520
Speaker 1: I was kind of getting I don't want to be

836
00:39:04,520 --> 00:39:07,719
Speaker 1: stuck in that whole law school mentality because everybody in

837
00:39:07,800 --> 00:39:09,799
Speaker 1: law school was like, Okay, study study, study, study study,

838
00:39:09,800 --> 00:39:12,160
Speaker 1: becoming an attorney. I wanted to have the kind of

839
00:39:12,160 --> 00:39:14,239
Speaker 1: creative outlet to where I can meet some other people

840
00:39:14,320 --> 00:39:16,440
Speaker 1: doing other things. So that kind of pushed me as

841
00:39:16,440 --> 00:39:19,120
Speaker 1: well to go into the acting class. Hey, Josh Brety.

842
00:39:19,120 --> 00:39:21,040
Speaker 1: One of the things too, I'm impressed man with you

843
00:39:21,120 --> 00:39:24,239
Speaker 1: about is is I feel like taking care of your

844
00:39:24,239 --> 00:39:26,839
Speaker 1: community is such an important thing for you. It's part

845
00:39:26,840 --> 00:39:29,560
Speaker 1: of your ethos, and I think part of that is

846
00:39:30,000 --> 00:39:31,799
Speaker 1: locally where you live. A part of that too is

847
00:39:31,840 --> 00:39:35,440
Speaker 1: taking care of the community that you've developed on your

848
00:39:35,440 --> 00:39:38,399
Speaker 1: YouTube channel. The minority mindset of viewers, But like, yeah,

849
00:39:38,440 --> 00:39:40,400
Speaker 1: what does that mean to you, that personal mission to

850
00:39:40,400 --> 00:39:42,719
Speaker 1: take care of your community, and why is that kind

851
00:39:42,719 --> 00:39:45,160
Speaker 1: of like a huge part of the fuel for your

852
00:39:45,360 --> 00:39:48,360
Speaker 1: creative fire. On a personal level, I'm a member of

853
00:39:48,400 --> 00:39:50,800
Speaker 1: the Sick religion, and one of the fundamental tenets of

854
00:39:50,800 --> 00:39:55,480
Speaker 1: our religions is sava. Sava literally means selfless service, and

855
00:39:55,560 --> 00:39:58,400
Speaker 1: so I've always kind of had that belief that, Okay,

856
00:39:58,480 --> 00:40:01,000
Speaker 1: the more you have, the more you can do. And

857
00:40:01,560 --> 00:40:04,120
Speaker 1: so on a personal level, me and a few more

858
00:40:04,120 --> 00:40:07,400
Speaker 1: buddies we started a community service organization here and we

859
00:40:07,440 --> 00:40:09,520
Speaker 1: do a lot of stuff in the area. We provide

860
00:40:09,560 --> 00:40:14,239
Speaker 1: food to the homeless, we provide hygiene kids, we do

861
00:40:14,320 --> 00:40:17,240
Speaker 1: a lot of things with kids with disabilities, We provide

862
00:40:17,280 --> 00:40:20,800
Speaker 1: mentorship to kids, and kind of as like a funny

863
00:40:21,239 --> 00:40:23,880
Speaker 1: not funny, but a little aside. When I was starting

864
00:40:23,920 --> 00:40:25,400
Speaker 1: minority mindset, I was like, you know, we're doing a

865
00:40:25,440 --> 00:40:27,919
Speaker 1: lot of stuff for homeless people, but we don't actually

866
00:40:27,960 --> 00:40:30,080
Speaker 1: know what homeless people are going through. So me and

867
00:40:30,120 --> 00:40:33,279
Speaker 1: a few buddies we decided to go homeless for four days. So,

868
00:40:33,440 --> 00:40:35,880
Speaker 1: you know, we we lived out in Detroit for a

869
00:40:35,920 --> 00:40:37,279
Speaker 1: few days to trying to see what it was like

870
00:40:37,280 --> 00:40:39,560
Speaker 1: to see what people go through, and that was really

871
00:40:39,560 --> 00:40:42,120
Speaker 1: eye opening just to see, okay, you know, the struggles

872
00:40:42,120 --> 00:40:44,319
Speaker 1: that people go through. And so it's always been something

873
00:40:44,360 --> 00:40:46,680
Speaker 1: that has been important to me. So now going to

874
00:40:46,719 --> 00:40:51,120
Speaker 1: the business side from minority mindset. One of the things

875
00:40:51,160 --> 00:40:54,399
Speaker 1: that we did was I used to teach every week

876
00:40:54,480 --> 00:40:57,480
Speaker 1: in Detroit public schools. UH. I used to go once

877
00:40:57,480 --> 00:41:00,000
Speaker 1: a week and I would talk about money management, entrepreneurship

878
00:41:00,000 --> 00:41:02,120
Speaker 1: and just kind of give just general talks to the

879
00:41:02,200 --> 00:41:08,279
Speaker 1: kids about life because it was really lacking. And one

880
00:41:08,320 --> 00:41:10,799
Speaker 1: of the things that was really shocking to me was

881
00:41:11,280 --> 00:41:12,680
Speaker 1: I I did a little service, as you know, how

882
00:41:12,719 --> 00:41:15,279
Speaker 1: many kids, how many of you guys have a job,

883
00:41:15,360 --> 00:41:18,200
Speaker 1: And almost every kid raise their hand, and then asked,

884
00:41:18,200 --> 00:41:20,279
Speaker 1: how many of you guys have a bank account? And

885
00:41:20,560 --> 00:41:23,600
Speaker 1: very few raise their hand. Most of the kids were

886
00:41:23,600 --> 00:41:25,560
Speaker 1: making money, and then they were going to the gas

887
00:41:25,560 --> 00:41:27,839
Speaker 1: station of the liquor store and they were cashing their checks.

888
00:41:27,880 --> 00:41:29,480
Speaker 1: So they were going to pay the liquor store owner

889
00:41:29,640 --> 00:41:32,600
Speaker 1: one percent of their check just to get the cash

890
00:41:32,880 --> 00:41:35,359
Speaker 1: for their check for their work that they did. And

891
00:41:35,400 --> 00:41:37,520
Speaker 1: then on the way out, they were gonna buy chips

892
00:41:37,560 --> 00:41:39,000
Speaker 1: and they were gonna buy pop and they're gonna buy

893
00:41:39,000 --> 00:41:40,759
Speaker 1: all of these things, and and by the time they

894
00:41:40,760 --> 00:41:43,000
Speaker 1: were out the door, half of the check has already gone.

895
00:41:43,600 --> 00:41:45,120
Speaker 1: And so that's when I was like, you know, there's

896
00:41:45,120 --> 00:41:47,600
Speaker 1: there's a real need for financial education in schools. And

897
00:41:47,600 --> 00:41:49,879
Speaker 1: I've always known that because I never grew up learning

898
00:41:49,920 --> 00:41:51,879
Speaker 1: about money, none of my friends grew up learning about money,

899
00:41:51,880 --> 00:41:54,279
Speaker 1: and just just seeing this now as a kind of

900
00:41:54,280 --> 00:41:56,799
Speaker 1: a little bit more educated person in understanding money more.

901
00:41:56,960 --> 00:41:58,880
Speaker 1: And at this point I started milority mindset. I was like,

902
00:41:58,880 --> 00:42:01,360
Speaker 1: you know, I should do something about this. So I

903
00:42:01,400 --> 00:42:04,640
Speaker 1: assembled a team of teachers and we created a full

904
00:42:05,000 --> 00:42:10,120
Speaker 1: K through twelve financial education curriculum for kids where we

905
00:42:10,160 --> 00:42:12,319
Speaker 1: teach teachers how to teach money, because that's the first

906
00:42:12,320 --> 00:42:13,840
Speaker 1: thing is teachers need to know what to teach and

907
00:42:13,840 --> 00:42:18,040
Speaker 1: how to teach. And a second, we give teachers assignments, homework,

908
00:42:18,120 --> 00:42:20,960
Speaker 1: group activities, and it's fun, like we make we make

909
00:42:21,120 --> 00:42:24,160
Speaker 1: like learning about money fund through like fun activities, kind

910
00:42:24,160 --> 00:42:26,239
Speaker 1: of like how we talk about things on YouTube. And

911
00:42:26,280 --> 00:42:30,800
Speaker 1: so we we give this away for free to teachers, parents, principles,

912
00:42:30,840 --> 00:42:33,480
Speaker 1: anybody who wants to spread financial education in their community.

913
00:42:33,680 --> 00:42:36,560
Speaker 1: And it has been downloaded tens of thousands of times.

914
00:42:36,560 --> 00:42:39,040
Speaker 1: So it's one of our goals is to give financial education,

915
00:42:39,239 --> 00:42:42,239
Speaker 1: get it out there. And that's one of the things

916
00:42:42,239 --> 00:42:45,120
Speaker 1: that we did as a brand to help spread this

917
00:42:45,239 --> 00:42:49,720
Speaker 1: financial awareness is to give financial education to schools because

918
00:42:49,760 --> 00:42:51,319
Speaker 1: you know, some teachers started to teach show on our

919
00:42:51,400 --> 00:42:53,640
Speaker 1: video as a class, but it's not the same as

920
00:42:53,680 --> 00:42:55,800
Speaker 1: just having a full curriculum for someone in fifth grade

921
00:42:55,920 --> 00:42:58,080
Speaker 1: versus someone in the eleventh grade. And so that's why

922
00:42:58,080 --> 00:43:00,200
Speaker 1: we put that teach different lessons that you know, kids

923
00:43:00,200 --> 00:43:02,719
Speaker 1: a different ages can learn and can even comprehend. Right.

924
00:43:03,440 --> 00:43:05,480
Speaker 1: I love that that's part of your mission. They're just

925
00:43:05,680 --> 00:43:08,000
Speaker 1: breat man. Thanks so much for taking the time to

926
00:43:08,000 --> 00:43:09,439
Speaker 1: talk with us. This has been a ton of fun

927
00:43:10,080 --> 00:43:14,160
Speaker 1: work in our listeners learn more about you absolutely, thank

928
00:43:14,200 --> 00:43:15,960
Speaker 1: you so much. So you can learn more about our

929
00:43:16,280 --> 00:43:18,520
Speaker 1: what we do, read our blogs with our articles at

930
00:43:18,520 --> 00:43:21,000
Speaker 1: our website at the Minority mindset dot com, and then

931
00:43:21,040 --> 00:43:23,880
Speaker 1: of course you could check out our videos at YouTube

932
00:43:24,120 --> 00:43:27,759
Speaker 1: the Minority Mindset. Awesome, dude, Well, we hope everybody out

933
00:43:27,760 --> 00:43:29,520
Speaker 1: there listening to this goes out and checks them out

934
00:43:29,560 --> 00:43:33,759
Speaker 1: because they're entertaining, they're super helpful and they're I mean, dude,

935
00:43:33,760 --> 00:43:35,680
Speaker 1: you're just crushing it. You're crushing it. So I really

936
00:43:35,800 --> 00:43:38,520
Speaker 1: enjoyed this conversation. Man, thanks so much for joining us today.

937
00:43:38,840 --> 00:43:41,840
Speaker 1: Thank you guys, there's a lot of fun. Nice Thanks again,

938
00:43:41,920 --> 00:43:44,480
Speaker 1: Josh Sprett, Joel May. What an awesome conversation we just

939
00:43:44,560 --> 00:43:48,799
Speaker 1: had about all things entrepreneurial, especially YouTube as well. It's

940
00:43:48,800 --> 00:43:50,640
Speaker 1: not something we've discussed before, so I'm glad we're able

941
00:43:50,680 --> 00:43:54,319
Speaker 1: to kind of hear his thoughts on how viable that

942
00:43:54,440 --> 00:43:56,400
Speaker 1: is as a business plan, you know, like going in

943
00:43:56,480 --> 00:43:58,520
Speaker 1: and setting up a channel. It's just not as easy

944
00:43:58,560 --> 00:44:01,080
Speaker 1: as he makes it look, right, Yeah, exactly, But I think, man,

945
00:44:01,120 --> 00:44:02,960
Speaker 1: you've got the next YouTube star in the making. Dude,

946
00:44:03,080 --> 00:44:06,040
Speaker 1: probably allow Josh Breas recipe you're there. I don't think so,

947
00:44:07,120 --> 00:44:09,040
Speaker 1: but you know, on that note, that was my big takeaway.

948
00:44:09,080 --> 00:44:11,839
Speaker 1: I really liked how he's stressed to not go in

949
00:44:11,920 --> 00:44:14,120
Speaker 1: and spend a ton of money upfront. I liked how

950
00:44:14,160 --> 00:44:16,920
Speaker 1: he he mentioned, like, do not sink a ton of

951
00:44:16,960 --> 00:44:19,080
Speaker 1: money into gear because a lot of times like and

952
00:44:19,160 --> 00:44:21,239
Speaker 1: I can be tempted in this direction, but I can

953
00:44:21,280 --> 00:44:23,560
Speaker 1: kind of be obsessed with the gear and the technicality

954
00:44:23,600 --> 00:44:24,719
Speaker 1: is and just all the things that you need to

955
00:44:24,760 --> 00:44:27,920
Speaker 1: have in order for something to be legit quote unquote legit,

956
00:44:28,280 --> 00:44:30,239
Speaker 1: but it's not necessary. You know, if you have a

957
00:44:30,280 --> 00:44:33,080
Speaker 1: good message, you don't need all those things. You need

958
00:44:33,120 --> 00:44:36,080
Speaker 1: to prove that you need those things, and then you

959
00:44:36,080 --> 00:44:38,880
Speaker 1: can start to justify some of those expenses. And maybe

960
00:44:38,960 --> 00:44:40,480
Speaker 1: to the part of the reason why I'm saying this

961
00:44:40,520 --> 00:44:44,160
Speaker 1: is because it reminds me of us when we started out.

962
00:44:44,640 --> 00:44:47,080
Speaker 1: We started with the exact same gear that we are

963
00:44:47,120 --> 00:44:50,799
Speaker 1: currently recording on, which are super basic microphones that you

964
00:44:50,840 --> 00:44:53,600
Speaker 1: see at any public event. You know, it's just like

965
00:44:53,640 --> 00:44:56,440
Speaker 1: the standard microphone. And there's certainly things that we've added

966
00:44:56,440 --> 00:44:58,520
Speaker 1: to our arsenal to make sure that we sound better,

967
00:44:58,840 --> 00:45:00,399
Speaker 1: but we didn't go out and spend it on the money.

968
00:45:00,440 --> 00:45:03,040
Speaker 1: So this this feels like medicine that I know we

969
00:45:03,080 --> 00:45:06,080
Speaker 1: can take because we have already taken it ourselves. Yeah,

970
00:45:06,200 --> 00:45:08,120
Speaker 1: I think to what he said about it needing to

971
00:45:08,160 --> 00:45:10,400
Speaker 1: be a labor of love, it's specifically in something that

972
00:45:10,440 --> 00:45:12,319
Speaker 1: you're going to dedicate this much time to without a

973
00:45:12,320 --> 00:45:15,520
Speaker 1: return anywhere on the near term horizon. It has to

974
00:45:15,520 --> 00:45:17,400
Speaker 1: be it has to be something you actually enjoy and

975
00:45:17,480 --> 00:45:19,239
Speaker 1: want to do just for the sake of doing it,

976
00:45:19,280 --> 00:45:21,840
Speaker 1: and if you make money eventually, there are ways to

977
00:45:22,239 --> 00:45:24,600
Speaker 1: do it, but you can't go into it with that mindset.

978
00:45:24,840 --> 00:45:26,440
Speaker 1: And I thought that was good advice too. But I

979
00:45:26,480 --> 00:45:29,440
Speaker 1: think my actual biggest takeaway was at one point when

980
00:45:29,480 --> 00:45:31,600
Speaker 1: Jespery was talking about how much sleep he needed, and

981
00:45:31,600 --> 00:45:34,160
Speaker 1: he said, like, we're all different. Find find the harmony

982
00:45:34,200 --> 00:45:37,279
Speaker 1: in your life and working sixteen hour days in order

983
00:45:37,320 --> 00:45:39,279
Speaker 1: to get somewhere sometimes it's like a young person's game.

984
00:45:39,280 --> 00:45:41,239
Speaker 1: If you're in your early twenties, you can do that,

985
00:45:41,440 --> 00:45:43,640
Speaker 1: and you can hustle super hard in order to make

986
00:45:43,680 --> 00:45:45,840
Speaker 1: something happen. You know, I'm at the point in my

987
00:45:45,880 --> 00:45:47,919
Speaker 1: life where I don't want to work sixteen hour days.

988
00:45:48,160 --> 00:45:50,000
Speaker 1: I don't want to sleep for just four hours. I'm

989
00:45:50,040 --> 00:45:52,160
Speaker 1: just gonna flat out say it, Yeah, I can't do that,

990
00:45:52,239 --> 00:45:54,160
Speaker 1: and he it sounds like he can't do that anymore either.

991
00:45:54,480 --> 00:45:56,160
Speaker 1: But depending on your life stage and where you're at,

992
00:45:56,480 --> 00:45:59,160
Speaker 1: finding that harmony and that balance wherever you are, I

993
00:45:59,160 --> 00:46:01,759
Speaker 1: think that's great advice too. And and just hearing someone

994
00:46:01,840 --> 00:46:05,160
Speaker 1: else's playbook and then trying to imitate that exactly is

995
00:46:05,320 --> 00:46:07,880
Speaker 1: it's almost never a good way to go. It's you've

996
00:46:07,920 --> 00:46:10,600
Speaker 1: got to filter that information and figure out how what

997
00:46:10,640 --> 00:46:13,319
Speaker 1: they've done and the success they've had and the moves

998
00:46:13,360 --> 00:46:17,319
Speaker 1: they've made, how those can apply to you in your situation. Right.

999
00:46:17,360 --> 00:46:19,200
Speaker 1: It's not always a one for one. It's not like

1000
00:46:19,239 --> 00:46:21,160
Speaker 1: a coach draws up a play on a whiteboard and

1001
00:46:21,200 --> 00:46:23,520
Speaker 1: you follow it to a t. Having that filter, finding

1002
00:46:23,520 --> 00:46:25,120
Speaker 1: that advice it's going to matter the most to you

1003
00:46:25,160 --> 00:46:27,239
Speaker 1: and benefits you the most, and then applying it in

1004
00:46:27,280 --> 00:46:30,080
Speaker 1: a way that works for your situation is crucial. Yeah,

1005
00:46:30,080 --> 00:46:31,920
Speaker 1: And I think our points are more related maybe than

1006
00:46:31,960 --> 00:46:34,200
Speaker 1: we that we realize, because instead of spending a lot

1007
00:46:34,239 --> 00:46:36,560
Speaker 1: of money up front, when especially when you're younger, right

1008
00:46:36,560 --> 00:46:38,239
Speaker 1: when you're fresh out of school or maybe you didn't

1009
00:46:38,239 --> 00:46:40,040
Speaker 1: even go to school, but you have a lot of

1010
00:46:40,080 --> 00:46:42,440
Speaker 1: time typically on hand, and you don't typically have a

1011
00:46:42,440 --> 00:46:45,399
Speaker 1: lot of money, and so like, honestly, I really love

1012
00:46:45,400 --> 00:46:47,560
Speaker 1: how he went about things because I think that is

1013
00:46:47,600 --> 00:46:50,120
Speaker 1: a way that can be replicated by a lot of

1014
00:46:50,120 --> 00:46:52,719
Speaker 1: other folks. Doesn't have to be, but certainly I think

1015
00:46:52,719 --> 00:46:55,000
Speaker 1: when you're younger and you if your responsibilities, you have

1016
00:46:55,040 --> 00:46:56,919
Speaker 1: a little more time, so that passion and that time

1017
00:46:56,920 --> 00:46:58,279
Speaker 1: that goes into it can kind of make up for

1018
00:46:58,280 --> 00:47:00,880
Speaker 1: the lack of funding that you might have. Yeah, for sure. Ye.

1019
00:47:01,200 --> 00:47:03,879
Speaker 1: But so this episode, you and I enjoyed a Bright

1020
00:47:03,960 --> 00:47:06,439
Speaker 1: Day Coming, which is an I p A by Three

1021
00:47:06,480 --> 00:47:09,560
Speaker 1: Taverns and they're based here in Atlanta. So what were

1022
00:47:09,560 --> 00:47:11,120
Speaker 1: your thoughts on this beer? Man? Yeah, I mean, this

1023
00:47:11,200 --> 00:47:14,400
Speaker 1: was like a highly approachable I p A that I

1024
00:47:14,440 --> 00:47:16,719
Speaker 1: think a lot of people could really get into. It

1025
00:47:16,840 --> 00:47:19,880
Speaker 1: was light, it had some juicy notes. It was super

1026
00:47:20,000 --> 00:47:22,600
Speaker 1: drinkable and tasty. At the same time, I haven't had

1027
00:47:22,760 --> 00:47:25,279
Speaker 1: a beer from Three Taverns in a minute, and I

1028
00:47:25,360 --> 00:47:27,440
Speaker 1: was really excited to see this on the store shelves

1029
00:47:27,480 --> 00:47:29,920
Speaker 1: that they're creating a really really delicious I p A

1030
00:47:30,000 --> 00:47:31,759
Speaker 1: in a six pack format. Then I feel like I

1031
00:47:31,800 --> 00:47:34,320
Speaker 1: could drink in a finer setting, like creating a podcast,

1032
00:47:34,320 --> 00:47:38,000
Speaker 1: but also I could have a finer setting, please, But

1033
00:47:38,080 --> 00:47:39,600
Speaker 1: then I also feel like I could have like everymon

1034
00:47:39,760 --> 00:47:42,480
Speaker 1: lawn maybe or something like that. I'm with you, though, Yeah,

1035
00:47:42,600 --> 00:47:44,040
Speaker 1: you know, I will say this is a New England

1036
00:47:44,080 --> 00:47:46,000
Speaker 1: style I p A. But with like you said, it's

1037
00:47:46,000 --> 00:47:48,480
Speaker 1: it is lighter and it's almost tingly like this tastes

1038
00:47:48,520 --> 00:47:50,440
Speaker 1: really fresh, and it's one of the benefits of drinking,

1039
00:47:50,760 --> 00:47:53,359
Speaker 1: and I pa that's local to wherever you live. It's

1040
00:47:53,360 --> 00:47:55,879
Speaker 1: almost like a pale ale because it is lighter. Uh,

1041
00:47:55,920 --> 00:47:58,879
Speaker 1: it almost drinks like Pseudo Sue, which is a fantastic

1042
00:47:58,880 --> 00:48:01,959
Speaker 1: pale ale for top Len Goliathe. So if you happen

1043
00:48:02,000 --> 00:48:03,879
Speaker 1: to be in the Atlanta area are coming through, we'd

1044
00:48:03,880 --> 00:48:06,640
Speaker 1: recommend that beer if if you like Studios Sue. Oh,

1045
00:48:06,719 --> 00:48:08,640
Speaker 1: and I wanted to mention too, they've got a second

1046
00:48:08,680 --> 00:48:11,120
Speaker 1: location getting ready to open up that's pretty close to

1047
00:48:11,160 --> 00:48:14,800
Speaker 1: where you and I live. Biking, Yeah, exactly, which is fantastic.

1048
00:48:15,080 --> 00:48:17,320
Speaker 1: I'm looking forward to being able to, you know, enjoy

1049
00:48:17,360 --> 00:48:19,399
Speaker 1: more of their beers, and specifically it's gonna be called

1050
00:48:19,440 --> 00:48:21,799
Speaker 1: the Imaginarium and that's because they're gonna be trying out

1051
00:48:22,160 --> 00:48:24,719
Speaker 1: just kind of weird, specialty experimental beers there. So I'm

1052
00:48:24,719 --> 00:48:27,040
Speaker 1: looking forward to biking over there with you man and

1053
00:48:27,200 --> 00:48:30,120
Speaker 1: trying all the weird beers that we can afford. Oh yeah,

1054
00:48:30,160 --> 00:48:32,560
Speaker 1: for sure, I'm excited about that too. All right, Matt, Well,

1055
00:48:32,560 --> 00:48:34,239
Speaker 1: that's gonna do it for this episode. I feel like

1056
00:48:34,400 --> 00:48:36,680
Speaker 1: just Breed brought some really great stuff to this conversation.

1057
00:48:36,880 --> 00:48:39,920
Speaker 1: Willing to his website, his YouTube channel, in our show notes.

1058
00:48:40,000 --> 00:48:41,960
Speaker 1: You can find those up on our site at how

1059
00:48:42,000 --> 00:48:44,480
Speaker 1: to money dot com. And if you enjoy this interview

1060
00:48:44,480 --> 00:48:46,439
Speaker 1: and the other episodes that we've been creating, we would

1061
00:48:46,480 --> 00:48:48,920
Speaker 1: love for you to head over to Apple Podcasts and

1062
00:48:49,000 --> 00:48:51,680
Speaker 1: leave us a review over there. It always helps out

1063
00:48:51,680 --> 00:48:53,960
Speaker 1: the show and it really helps others to find the

1064
00:48:53,960 --> 00:48:56,520
Speaker 1: show who don't know about it yet, and so we

1065
00:48:56,600 --> 00:48:58,799
Speaker 1: thank you in advance for that. So, Joel, that's gonna

1066
00:48:58,800 --> 00:49:01,680
Speaker 1: be for this episode. Man. Until next time, Best Friends Out,

1067
00:49:01,840 --> 00:49:02,680
Speaker 1: Best Friends Out.