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Speaker 2: Think about that right for I'm just Augusta.

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Speaker 3: But like how many sports downds like, we went to

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Speaker 3: Michigan this year, right the entire city of ann Arber

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Speaker 3: is based.

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Speaker 2: Around Michigan football pretty much.

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Speaker 3: When we had to park, we have to pay one

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Speaker 3: hundred dollars to park in somebody's grass. Right, They're not

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Speaker 3: writing that off on their tax on their tax returns

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Speaker 3: because they're saying, all right, how many home games do

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Speaker 3: they have a year?

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Speaker 2: Probably like seven.

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Speaker 3: So imagine if they get like ten cars to pay

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Speaker 3: one hundred dollars, that's one thousand dollars every Saturday, they

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Speaker 3: got seven or eight SATs, six or seven saturus seven grand.

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Speaker 2: That's just cash flow.

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Speaker 4: My graduates from my school being forced back. Drop bag

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Speaker 4: drop Mike, drop back, drop drops.

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Speaker 5: All right, guys, welcome back. This is nostalgia.

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Speaker 3: Don't adjust your cameras, don't adjust your TV screens.

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Speaker 2: It's just us.

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Speaker 5: That's a fact, man, it's nostalgic. You know, if you're

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Speaker 5: a Day one supporter, Day one erner, you know that

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Speaker 5: the first I believe six first at least five or.

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Speaker 2: Six business was number eight.

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Speaker 3: So yeah, first eight nine episodes, it was just us

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Speaker 3: and it's our first time together down here.

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Speaker 5: Yeah, I think so. So you know that's how the

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Speaker 5: original format of Ernlesia was just me and Troy, and

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Speaker 5: then you know we switched, We switched formats a few times,

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Speaker 5: and of course you know er your Lisia took over

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Speaker 5: the whole entire world and linked up with some of

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Speaker 5: the biggest celebrities of all time. Your Master Pig, your

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Speaker 5: DJ khalisr Rick Ross, you name them, Mark, Mark Cuban.

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Speaker 5: It just became a cultural phenomenon and just kind of

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Speaker 5: took over. But we never lost the key essence of

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Speaker 5: what has gotten us here. And you know, we we

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Speaker 5: pay attention to what people say and people have always

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Speaker 5: asked for you know, every nine and then let's get

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Speaker 5: back to where it originally started. So this is it, man.

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Speaker 5: You know, we we reached the mountain top and we're

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Speaker 5: coming back down and we just you know, we're gonna

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Speaker 5: give this this episode where it's just gonna be very

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Speaker 5: nostalgic how we first started, where we're just gonna give information,

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Speaker 5: but we're gonna walk you through our journey of where

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Speaker 5: we are now and give you some gems that we

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Speaker 5: are actually applying in real time. Provide the information, and

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Speaker 5: we're gonna do it.

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Speaker 2: We're gonna get to it as a fact, man.

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Speaker 3: You know, the model, as we learn, we teach, and

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Speaker 3: so we've learned a lot since we last did one together,

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Speaker 3: and so it's time to give back some of this information.

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Speaker 2: That we acquired and do it in real time.

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Speaker 3: You know, it's the end of the year, and so

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Speaker 3: it's gonna be very fitting that we can give some

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Speaker 3: some gems that they could.

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Speaker 2: Potentially use for the years out. Yeah.

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Speaker 5: Yeah, so you know, strapping your seat else, ladies and

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Speaker 5: gentlemen get to it. So the first thing that we're

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Speaker 5: going to talk about, you know, we changed the game

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Speaker 5: last year. Shout out to our CPA, Miss Business. We

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Speaker 5: did a dope episode and she spoke about, uh, you know,

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Speaker 5: the six thousand pound rule and uh after that that

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Speaker 5: just went viral. Everybody who's talking about the six thousand

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Speaker 5: pounds rule and how you can deduct that. So if

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Speaker 5: you're not familiar with the six thousand pound rule, it

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Speaker 5: was a rule put in place really, you know, they

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Speaker 5: used to call it the SUV rule, where you know,

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Speaker 5: you can take a deduction if you purchase a vehicle

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Speaker 5: over six thousand pounds and obviously, you know vehicles over

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Speaker 5: six thousand pounds, trucks, SUVs, things of that nature. So

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Speaker 5: you know, you're talking about the end of the year

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Speaker 5: tax planning and that's something that you know, kind of common, but.

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Speaker 2: They thought it was just stunning with the Rangers.

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Speaker 5: Yeah, so but we're gonna we're gonna bring it full

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Speaker 5: circus with this one because we are utilizing that one again,

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Speaker 5: but this time it's a little different. So just to

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Speaker 5: kind of give you some idea of how that the

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Speaker 5: six thousand pounds will work. So vehicles over six thousand pounds,

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Speaker 5: you can deduct up to twenty five thousand dollars in

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Speaker 5: the year that you actually purchased the vehicle. So you know,

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Speaker 5: you buy one hundred thousand dollars car, one hundred thousand

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Speaker 5: dollars car in cash, Now you can deduct twenty five

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Speaker 5: thousand dollars, but it has to be for business use.

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Speaker 5: That's extremely important. So you could look at that and

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Speaker 5: say that's the only twenty five thousand, like, you know,

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Speaker 5: what about the other seventy five thousand. So there's a

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Speaker 5: couple of different ways how you can get the full

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Speaker 5: one hundred percent deduction. So a you can finance the car.

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Speaker 5: So if you finance the car, you're paying like monthly payments,

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Speaker 5: then you can spread that out and the deduction carries

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Speaker 5: with you for twenty four months. So that's one way

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Speaker 5: to not pay for it all up in front, actually

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Speaker 5: finance it which obviously you're paying a lot lower on

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Speaker 5: the monthly side, and then you can you can take

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Speaker 5: those deductions over the course of twenty four months. But

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Speaker 5: there's an exemptions. There's a few exemptions to the rule

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Speaker 5: where you can get one hundred percent. Yeah, there's a

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Speaker 5: few exempts to the rule where you can get one

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Speaker 5: hundred percent deduction in the year that you actually purchased this.

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Speaker 5: So one is a pickup truck, another is a delivery vehicle.

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Speaker 5: Another one is a shuttle van, which is nine passengers

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Speaker 5: but behind the driver.

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Speaker 3: It was very key that y'all know that the driver

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Speaker 3: cannot have access to the roll behind them.

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Speaker 2: It has to be separate.

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Speaker 5: Yeah, So the shuttle van is interesting for us, and

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Speaker 5: this is something that this is what we're going to

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Speaker 5: focus on for this conversation. The shuttle by the shuttle

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Speaker 5: van is so interesting for us is that you know,

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Speaker 5: shot to Atlanta. You know, we spent a lot a

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Speaker 5: lot of time in Atlanta and shot to everybody that

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Speaker 5: was that invest fest, and you know, when we was

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Speaker 5: out and invest fast, and you know, you got to

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Speaker 5: start to move around a little differently after a certain

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Speaker 5: amount of time, Like you know, when you reach a

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Speaker 5: certain level whe people might know you, or you reach

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Speaker 5: a certain level of you got a lot of people

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Speaker 5: that travel with you. Ubers Uber excels is not really

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Speaker 5: the best way to go about it, you know, hour

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Speaker 5: at three o'clock in the morning, four o'clock in the morning.

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Speaker 5: It's not really A it's not really the safest way

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Speaker 5: to go, and B is not really even the most

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Speaker 5: convenient way to go. So we got turned on shout

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Speaker 5: out to just go, just go.

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Speaker 2: What up?

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Speaker 5: You got to give him.

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Speaker 2: Ausac, that's the brot.

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Speaker 5: Yeah, So we got turned on to these sprint events,

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Speaker 5: and we got turned onto the spread events in Atlanta,

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Speaker 5: And it's a really dope way to travel because now

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Speaker 5: you can get like ten people depending on how big

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Speaker 5: the sprint event is.

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Speaker 3: And people, if they ever seen us move, they know

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Speaker 3: that we have at least seven people with us at

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Speaker 3: all times.

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Speaker 2: There's no excel that's going to pick us up.

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Speaker 5: Yeah, So now you can get a bunch of people

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Speaker 5: in these sprint events. And we've been taking these sprint event.

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Speaker 5: We just had one in our basel in Miami. I

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Speaker 5: think you had one in La right, yep, we got

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Speaker 5: one in La And every time we go to Atlanta.

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Speaker 5: That's how we move around. It's like, all right, instead

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Speaker 5: of just buying cars and having them in Atlanta, that's

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Speaker 5: kind to be kind of a waste. And then instead

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Speaker 5: of just renting a bunch of SUVs. We we don't

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Speaker 5: want to drive. That's what I was saying before too,

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Speaker 5: like we're driving cars and stuff like that. That's not

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Speaker 5: really the best way to go about it. We're busy,

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Speaker 5: we gotta prep for things, can't just be driving cars

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Speaker 5: in traffic. So now we got turned on to the

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Speaker 5: sprint events. So fortunately for us, we had a pretty

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Speaker 5: decent year financially. So we're at the end of the

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Speaker 5: year and we're like, all right, we got to figure out,

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Speaker 5: you know, how to get you know, some tax deductions,

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Speaker 5: how to save money on taxes, because it's like if

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Speaker 5: not if you just take the money and cast you

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Speaker 5: want to pay taxes on it. So we come up

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Speaker 5: with the idea of you know what if we buy

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Speaker 5: a sprinter.

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Speaker 2: Yeah.

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Speaker 3: Well, and and so the idea wasn't a new idea

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Speaker 3: because last year we did it when we got our

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Speaker 3: eighteen wheeler. Well, that was different situation to be a

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Speaker 3: different situation, and obviously we've seen it with the cars.

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Speaker 3: So it was like, all right, well we have the

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Speaker 3: mindset to say, all right, this is another way that

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Speaker 3: we can appreciate our income. All right, let's go this route.

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Speaker 3: You know what I'm saying. So we just we ain't

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Speaker 3: we invented wheel. We just added an adjustment to it.

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Speaker 5: Yeah, the eighteen wheel is another way to go. We

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Speaker 5: did that last year. So it's like, all right, this year,

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Speaker 5: let's invest in a sprint event. So the sprint event

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Speaker 5: makes sense for us for a few different reasons. A.

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Speaker 5: Like I said, we're in Atlanta all the time, So

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Speaker 5: now we actually have a vehicle in Atlanta. Every time

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Speaker 5: that we go to Atlanta, we can move around how

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Speaker 5: we want to move around. B. If you see what

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Speaker 5: we did with the eighteen wheeler, probably the best part

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Speaker 5: of that whole situation is the promo, Like we put

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Speaker 5: we put eyl University on the side, we put Ni

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Speaker 5: Lesion on one side, and we put our emojis on

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Speaker 5: the back. And the eighteen wheeler travels all across the country.

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Speaker 5: So now it's become kind of like an urban legend

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Speaker 5: where you see it in Mississippi, you see it in Texas,

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Speaker 5: you see it in Oklahoma. And California, every everywhere all

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Speaker 5: over the country. You see the Arnalisia eighteen wheeler on

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Speaker 5: the highway. So it's great, so moving billboard. So we said,

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Speaker 5: all right, we're gonna be in Atlanta a lot, why

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Speaker 5: don't we buy a sprint event where it can give

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Speaker 5: us transportation, but then also we can put our logos

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Speaker 5: on it. It's moving billboard once again in one of

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Speaker 5: our biggest markets. You know, is something that people see

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Speaker 5: on the road and it's oh or in Alesia. That's

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Speaker 5: a vibe. That's one Our merch is based in Atlanta also,

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Speaker 5: so you know, as the merch grows, I want talk

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Speaker 5: about the merch later on. As the merch grows, we

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Speaker 5: need transportation for the merch for different events, to get

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Speaker 5: it to the warehouse, to get it from the warehouse

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Speaker 5: to you know, all of this different stuff. So it's like,

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Speaker 5: all right, now the sprinting can actually serve as a

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Speaker 5: transportation for the merch also, so now you count a

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Speaker 5: few birds with one stone. And then we get the

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Speaker 5: bright idea that even when we're not there, we can

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Speaker 5: make an experience and actually rent it out to other

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Speaker 5: people that might need sprinter vans. And now you know,

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Speaker 5: we have built a following and have built you know,

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Speaker 5: loyal support, So people might want to you know, rent

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Speaker 5: out the earn Alesia van when they're in Atlanta as

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Speaker 5: opposed to just a regular sprinter. Why not.

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Speaker 3: We've heard so much information, right, We sat down with

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Speaker 3: Matty j. He talked about the Touro play. We rent

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Speaker 3: sprinters every time. It was just like, it makes perfect

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Speaker 3: sense and sense right, rather than just having a van

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Speaker 3: that can transport us, let's let the people use it.

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Speaker 3: And by the time that people rented, let's say it

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Speaker 3: gets rented two to three times in a month, the

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Speaker 3: van pays for itself.

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Speaker 5: The van definitely pays for self. And then when we

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Speaker 5: get one hundred percent tax deduction because it's over six

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Speaker 5: thousand pounds and it's one of those exemptions, so now

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Speaker 5: we can pay was it like one hundred thousand dollars

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Speaker 5: something like that for the van.

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Speaker 3: Yeah, it doesn't even matter the price. I think the

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Speaker 3: one we're going to do is going to be a

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Speaker 3: little bit over that because we're going to customize it.

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Speaker 5: Well, I'm trying to figure I'm trying to give a

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Speaker 5: gage of how much we're going to pay for it.

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Speaker 5: Fifty all right, So we pay one hundred and fifty

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Speaker 5: thousand dollars. So that's one hundred and fifty thousand dollars

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Speaker 5: tax deduction because we'll pay for it in cash. So

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Speaker 5: we get one hundred and fifty thousand dollars. I'm just

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Speaker 5: being honest. So you get we get one hundred and

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Speaker 5: fifty thousand dollars deduction. Right, save money on our taxes.

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Speaker 5: We get promo, we get travel when we're around, we

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Speaker 5: get our transportation for our merch and we can get

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Speaker 5: some income by renting it out. Now we're providing a service.

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Speaker 5: It's going to be top of the line. It's going

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Speaker 5: to be super dope because we're going to be traveling it.

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Speaker 5: So we're not going to compromise the integrity at the vent.

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Speaker 5: So now you know you can support black business and

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Speaker 5: ride in luxury in a in a sprinter if you

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Speaker 5: want to go to you know, prom if you want

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Speaker 5: to if you're in town to go to a Falcons game,

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Speaker 5: if you whatever you want to do. You know, we

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Speaker 5: have a we have a service now that we can

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Speaker 5: provide for people. And so when went across.

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Speaker 3: The board, ye, and then we get the bright idea

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Speaker 3: that hey, we're in Atlanta a lot, but we live

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Speaker 3: here in New York and we move around New York

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Speaker 3: a lot to events, and so rather than getting one,

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Speaker 3: why don't we try to get two?

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Speaker 2: Right, And so we have a.

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Speaker 3: Few businesses that we run, and so we're like, all right, well,

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Speaker 3: let's get one in this business name and let's get

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Speaker 3: one in the other. So in New York, it makes

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Speaker 3: sense from a logistical standpoint. We have a vending machine company, right,

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Speaker 3: we have to supply a lot of food and drinks

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Speaker 3: that go into the business. Rather than put it in

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Speaker 3: somebody's truck or put in somebody's car, we now have

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Speaker 3: a sprinter that could transport it back and forth during

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Speaker 3: for the vending machines. And again when we move around

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Speaker 3: the city or we move to the airports, we have

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Speaker 3: transportation rather than paying for ubers, which are like one

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Speaker 3: hundred and fifty dollars every trip we go to the airport.

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Speaker 2: And y'all know that we travel a lot, so that

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Speaker 2: adds up.

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Speaker 3: In addition to that, now we also have a service,

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Speaker 3: like when Shi was talking about, we have a rental

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Speaker 3: service for that sprinner. Obviously, again it's going to be

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Speaker 3: top of the line. So we'll be available for proms

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Speaker 3: and what all these type of events. We now have

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Speaker 3: an income source from a van. That was really a

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Speaker 3: necessity for us because we had to transport our merchandise

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Speaker 3: in Atlanta and we had to transport our food and

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Speaker 3: beverage in New York. Now it makes sense to have

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Speaker 3: both of them, and again we're writing off both.

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Speaker 5: Yeah, so you know, it's one of these things like

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Speaker 5: I saw a fifty cent a few years ago. He

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Speaker 5: brought a Lamborghini, has a tax right off. I'm not

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Speaker 5: sure how that worked out as a business expense, but

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Speaker 5: you know, it's one of these things. You know, everybody's

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Speaker 5: just you just whatever's right for you. For us, instead

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Speaker 5: of you know, buying something that we have personal enjoyment

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Speaker 5: out of. And you know, we could have did that route,

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Speaker 5: but it's like I right, you know, it makes more

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Speaker 5: sense to actually buy something that really has a real

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Speaker 5: business use, that can actually make money at the same time,

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Speaker 5: and it's gonna, you know, be good for the entire company,

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Speaker 5: not just like me just buying a Ferrari and Troy

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Speaker 5: just buying a Lamborghini and whatever. You know, that's cool,

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Speaker 5: but you know, you felt like reinvesting the money in

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Speaker 5: the business was actually something that would be more practical,

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Speaker 5: more beneficial, and something that could actually be more justifiable

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Speaker 5: in the long term. So I say, I have to

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Speaker 5: say in your business, this is something that you know

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Speaker 5: you could take advantage of as well as far as

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Speaker 5: you know. Obviously you know the eighteen wheel of the trucks,

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Speaker 5: that's something that's very big. But you know, pickup trucks

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Speaker 5: are real big too in the South, and things of

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Speaker 5: that nature. So you know, if you're using it for business.

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Speaker 3: They need to know the actual logistics on the pickup truck.

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Speaker 3: I think it has the better The pickup truck has

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Speaker 3: to be six feet for to qualify.

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Speaker 5: So yeah, it's just like little yeah caveats, you know,

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Speaker 5: make sure you do your research on it. But but yeah,

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Speaker 5: and you know delivery vehicles if you have a business

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Speaker 5: that you know you have deliveries and things of that nature.

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Speaker 5: So sometimes people are just buying these stuff without even

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Speaker 5: realizing that they can actually take a deduction, and they

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Speaker 5: don't they don't even benefit from it. So the name

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Speaker 5: of the game is just to learn as much as

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Speaker 5: you possibly get and play the game the most efficiently

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Speaker 5: way as possible. So that's what we're here for, just

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Speaker 5: to provide information, and.

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Speaker 3: This episode of Ernie Lisia is brought to you by McDonald's.

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Speaker 3: Probably serving community since nineteen sixty five, McDonald's is more

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Speaker 3: than just a place to get tasty, affordable food. Over

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Speaker 3: the years, has become a staple in our community. It's

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Speaker 3: the place you're guaranteed to see teammates after a big

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Speaker 3: game because everyone is headed to Mickey D's win or

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Speaker 3: lose when I stop in for my morning breakfast of

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Speaker 3: three hot cakes and a hash brown. Seeing students using

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Speaker 3: the Wi Fi for their social media is all part

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Speaker 3: of the routine. It's become the epicenter of the community,

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Speaker 3: whether it's gathering for a birthday party and we've all

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Speaker 3: been to a McDonald's birthday party, or the place that

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Speaker 3: someone receives their first job. McDonald's grows with its patrons,

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Speaker 3: which makes it the go to place generation after generation

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Speaker 3: by by McDonald's. I'm loving it.

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Speaker 5: No little stuff like that. That's you know, six figures,

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Speaker 5: you figured, so that's one hundred and fifty thousand dollars savings.

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Speaker 5: But let's say we make you know, three thousand dollars

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Speaker 5: a month on it, which is probably very doable. Right,

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Speaker 5: So now you're looking at upwards of two hundred thousand

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Speaker 5: dollars swing two hundred thousand dollars swing, like you know

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Speaker 5: what I'm saying, So hey, it makes it. That makes

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Speaker 5: a difference almost a quarter million dollars.

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Speaker 3: And it also gives us an opportunity to hire. Right

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Speaker 3: now we add to the company right because we'll need

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Speaker 3: a driver.

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Speaker 2: We'll probably have somebody doing logistics to booking.

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Speaker 3: So now we can look again to our community and like,

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Speaker 3: all right, well we need this. We need a driver

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Speaker 3: or one of the other things we can do is

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Speaker 3: just do a logistics playing like all right, well you

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Speaker 3: have a shout out to a cav was like, look,

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Speaker 3: I could run your fleet for you, you know what I mean.

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Speaker 3: And now we just have a ten percent situation where

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Speaker 3: he gets ten percent or twenty percent and runs the

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Speaker 3: business for us and books it for us.

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Speaker 2: So it's an opportunity for us to grow.

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Speaker 3: It's also opportunity to help other companies grow and help

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Speaker 3: young entrepreneurs grow as well.

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Speaker 5: And just like that, a new business is born. Like

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Speaker 5: out of just start trying to save money on taxes,

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Speaker 5: actually a whole new business is created. Where you know,

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Speaker 5: now we employ somebody, so now somebody has a job

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Speaker 5: to be a driver. We get a tax deduction for

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Speaker 5: you know, providing employment for somebody. That's another tax deduction

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Speaker 5: is actually paying somebody's salary. And now who knows, this

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Speaker 5: might turned into a whole fleet of sprint events, and

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Speaker 5: you know, it might be you know, a multi million

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Speaker 5: dollar company in a couple of years. Like you know,

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Speaker 5: so out of one necessity to save money, actually ended

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Speaker 5: up you know, starting a whole business. And we'll see

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Speaker 5: how that goes.

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Speaker 2: Keep you up to date, you'll see it out there.

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Speaker 2: It'll become like the trust like take a picture of

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Speaker 2: it as it passes you.

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Speaker 5: Yeah, I mean, I think that that's one of the

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Speaker 5: things that people have, you know, come to love about

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Speaker 5: us is that you know, we're learning on real time

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Speaker 5: and we actually are executing on these things in real time.

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Speaker 5: So it's not like really just like you know, we

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Speaker 5: in the classroom just speaking about stuff. Stuff might work out,

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Speaker 5: some stuff might not work out. But you know, the

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Speaker 5: whole point of business is that nothing is ever guaranteed.

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Speaker 5: You got to try it. And as we try new stuff,

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Speaker 5: as we implement new businesses, we keep you up to

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Speaker 5: date that you know what's going on, give you information

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Speaker 5: and then you can run the same play yourself.

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Speaker 2: That's what this is for.

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Speaker 3: Like I said, as we learn, we're gonna teach another

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Speaker 3: little thing about the six thousand pound rule.

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Speaker 2: Obviously, you have to have.

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Speaker 3: It in your business name if you want to do

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Speaker 3: it as a write off. But you have to make

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Speaker 3: the payments in the business name too, right, So that's

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Speaker 3: something that y'all need to know, like make sure that

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Speaker 3: you're making payments in the business name. Also also and

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Speaker 3: this is key, to make sure that when you fuel

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Speaker 3: the vehicle, right when you fuel the vehicle, make sure

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Speaker 3: you use the business card or you have a business

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Speaker 3: credit card an account that tracks the gas because all

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Speaker 3: transactions need to happen in the business.

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Speaker 2: So that's just another little caveat.

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Speaker 5: Yeah, and the gas and all that is right offs

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Speaker 5: also exactly and just once again and just have to

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Speaker 5: be used for business usage. I think like if you

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Speaker 5: use the for like fifty percent of business time, then

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Speaker 5: you can deduct fifty percent. But if it's one hundred percent,

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Speaker 5: like this is gonna be one hundred percent used for business,

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Speaker 5: then it's one hundred We take one hundred percent production.

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Speaker 5: So there you have it. That's the six thousand pound

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Speaker 5: rule that we're gonna be using for this year.

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Speaker 2: Man.

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Speaker 5: Yeah, we'll see what happens. So the next the next day,

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Speaker 5: now we're gonna talk about the Augusta.

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Speaker 3: The Augusta rule, the Augusta rule. This is a big

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Speaker 3: this is a big one. And shout out to our CPA.

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Speaker 3: Shot them. It's been disciplined us on game. But the Augusta.

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Speaker 3: When I heard the word Augusta, especially like sportsman asks,

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Speaker 3: the first thing we think is like Augusta the golf.

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Speaker 2: That's what the Masters is at.

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Speaker 3: And it's interesting because that's my first thought, and that's

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Speaker 3: how the rule actually came to be. So the Augusta

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Speaker 3: Rule was created because people who lived around the Masters

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Speaker 3: wanted to rent their homes to patrons who would come

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Speaker 3: in to watch the Masters. And over time they had to,

436
00:20:37,480 --> 00:20:40,880
Speaker 3: you know, as they got rental income for having people come,

437
00:20:41,440 --> 00:20:43,200
Speaker 3: they had to put on their taxes. And they thought

438
00:20:43,200 --> 00:20:45,680
Speaker 3: it just wasn't fair, and so they lobbied and a

439
00:20:45,800 --> 00:20:47,080
Speaker 3: rule was passed called the august Rule.

440
00:20:47,119 --> 00:20:48,600
Speaker 2: So I'm gonna read exactly what it is. I'm gonna

441
00:20:48,600 --> 00:20:49,520
Speaker 2: tell you how this can benefit you.

442
00:20:49,560 --> 00:20:52,040
Speaker 3: So the August rule let's homeowners rent their home for

443
00:20:52,200 --> 00:20:55,359
Speaker 3: up to fourteen days per year. That's key, fourteen days

444
00:20:55,400 --> 00:20:58,199
Speaker 3: per year without needing to report that rental income on

445
00:20:58,240 --> 00:21:01,520
Speaker 3: their individual tax return. So this rule applies to any

446
00:21:01,560 --> 00:21:04,120
Speaker 3: taxpayer who owns a home in the United States as

447
00:21:04,160 --> 00:21:07,440
Speaker 3: long as your home is not your primary place of business. Right,

448
00:21:07,480 --> 00:21:09,640
Speaker 3: so you must have a use case for it. How

449
00:21:09,680 --> 00:21:11,200
Speaker 3: does that work. I'm going to give you prime example.

450
00:21:11,240 --> 00:21:12,800
Speaker 3: I'm going to use us. Can we use us?

451
00:21:12,880 --> 00:21:13,920
Speaker 2: Let's use us? All right?

452
00:21:14,359 --> 00:21:18,080
Speaker 3: So earn Leisure is a business. Right, that is our business.

453
00:21:18,119 --> 00:21:20,360
Speaker 3: Shout out to our partner, Mike, that is our business.

454
00:21:21,080 --> 00:21:23,399
Speaker 3: I am a homeowner, right, So those two things we

455
00:21:23,560 --> 00:21:26,400
Speaker 3: automatically qualify for. We got a business. I'm a howner.

456
00:21:27,280 --> 00:21:30,119
Speaker 3: Earn Leisure's primary address is not this address. It's a

457
00:21:30,119 --> 00:21:33,440
Speaker 3: different address, right. And so what that allows us for

458
00:21:33,480 --> 00:21:35,800
Speaker 3: me to do is say, Okay, as a homeowner, I

459
00:21:35,880 --> 00:21:38,320
Speaker 3: have a space in my home that I can use

460
00:21:38,400 --> 00:21:42,520
Speaker 3: as a studio for my business. So what does that mean.

461
00:21:42,680 --> 00:21:45,760
Speaker 3: That means that I'm providing a service by having a location,

462
00:21:45,920 --> 00:21:49,920
Speaker 3: the cameras, the electricity, the TV, all everything that goes

463
00:21:49,960 --> 00:21:53,000
Speaker 3: into the studio space is going to be rented by

464
00:21:53,040 --> 00:21:56,960
Speaker 3: earnal Leisure. Why does that help because when we have

465
00:21:57,040 --> 00:21:59,040
Speaker 3: to think of deductions, Right, if I rent out this

466
00:21:59,119 --> 00:22:02,359
Speaker 3: space to the business, now, that lowers the income that

467
00:22:02,359 --> 00:22:05,600
Speaker 3: the business has taken in. And so here's the key.

468
00:22:05,680 --> 00:22:07,879
Speaker 3: You have to make sure it's only fourteen days throughout

469
00:22:07,920 --> 00:22:10,359
Speaker 3: the year, and you have to make sure that the

470
00:22:10,440 --> 00:22:13,560
Speaker 3: rental price is something that's tangible. So where would you

471
00:22:13,600 --> 00:22:16,440
Speaker 3: find out how much to rent a space? Well, Airbnb

472
00:22:16,720 --> 00:22:18,560
Speaker 3: is a perfect place to find out how much something

473
00:22:18,600 --> 00:22:22,440
Speaker 3: that's twelve hundred square feet would cost. Then you add

474
00:22:22,440 --> 00:22:24,800
Speaker 3: into the cost of equipment, right, So if we use

475
00:22:25,000 --> 00:22:27,120
Speaker 3: four thousand dollars cameras, we might have three of them.

476
00:22:27,359 --> 00:22:27,520
Speaker 2: Right.

477
00:22:27,520 --> 00:22:29,320
Speaker 3: If I have to put into lighting, all those things

478
00:22:29,359 --> 00:22:31,959
Speaker 3: add up, I can charge that to the business. Right,

479
00:22:31,960 --> 00:22:35,680
Speaker 3: So I write an invoice to my business, Right, they

480
00:22:35,720 --> 00:22:37,720
Speaker 3: pay it. I don't have to report it on my

481
00:22:37,760 --> 00:22:38,359
Speaker 3: tax return.

482
00:22:39,240 --> 00:22:40,840
Speaker 2: Makes sense, all right?

483
00:22:41,040 --> 00:22:43,879
Speaker 3: So a couple of things we got to just reiterate, right,

484
00:22:43,880 --> 00:22:46,280
Speaker 3: So the business address cannot be the primary address, right,

485
00:22:46,359 --> 00:22:49,399
Speaker 3: So I said, aren't your leader's business address.

486
00:22:49,040 --> 00:22:49,640
Speaker 2: Is not this one?

487
00:22:49,680 --> 00:22:52,040
Speaker 3: So that makes it a qualifying event, all right? And

488
00:22:52,080 --> 00:22:54,120
Speaker 3: then we have to keep records of it. So we

489
00:22:54,160 --> 00:22:57,640
Speaker 3: record sometimes here, but we live on the road, right,

490
00:22:57,680 --> 00:22:59,359
Speaker 3: so we might go to la we might go to

491
00:22:59,400 --> 00:23:00,280
Speaker 3: Atlanta were what ever?

492
00:23:00,359 --> 00:23:02,399
Speaker 2: I mean, our studio travels. That's the beauty about what

493
00:23:02,440 --> 00:23:02,679
Speaker 2: we do.

494
00:23:03,000 --> 00:23:05,359
Speaker 3: We can be in Miami and record, right, So have

495
00:23:05,440 --> 00:23:07,840
Speaker 3: we recorded fourteen days in this studio.

496
00:23:08,320 --> 00:23:08,919
Speaker 2: Absolutely.

497
00:23:09,240 --> 00:23:12,280
Speaker 3: Let's say that I charge the business one thousand dollars

498
00:23:12,320 --> 00:23:15,560
Speaker 3: a day to rent, right, So that's fourteen thousand dollars, right,

499
00:23:15,600 --> 00:23:18,600
Speaker 3: So fourteen times one thousand, fourteen thousand dollars I can

500
00:23:18,640 --> 00:23:21,879
Speaker 3: write off. The business can write off because it is

501
00:23:21,920 --> 00:23:24,960
Speaker 3: an expense, right, they're renting the studio. But that's not

502
00:23:25,000 --> 00:23:27,320
Speaker 3: the only thing, right, So we have a few businesses, right,

503
00:23:27,800 --> 00:23:30,400
Speaker 3: We have Earnier Leisure, we have English University. We could

504
00:23:30,400 --> 00:23:33,200
Speaker 3: do the same thing for Nualigue University with a homeowner

505
00:23:33,280 --> 00:23:35,240
Speaker 3: from the business. Right, So they have a home and

506
00:23:35,240 --> 00:23:36,840
Speaker 3: they rent the studio like we do in Atlanta. When

507
00:23:36,880 --> 00:23:39,240
Speaker 3: we travel to Atlanta and we take there again, we're

508
00:23:39,280 --> 00:23:42,240
Speaker 3: rented the studio. So Eyo University can rent the studio.

509
00:23:42,800 --> 00:23:45,320
Speaker 3: We can charge another thousand dollars and so now we

510
00:23:45,359 --> 00:23:47,720
Speaker 3: have another fourteen thousand dollars that we can write off

511
00:23:47,880 --> 00:23:50,560
Speaker 3: for one business and fourteen thousand that we can write

512
00:23:50,560 --> 00:23:52,440
Speaker 3: off for another the other business.

513
00:23:52,480 --> 00:23:53,840
Speaker 2: And so these are some deductions.

514
00:23:53,840 --> 00:23:55,560
Speaker 3: Now you're adding these things up, right, we're looking at

515
00:23:55,560 --> 00:23:58,040
Speaker 3: the sprinters, we're looking at the Custo rule, we're taking

516
00:23:58,040 --> 00:24:01,560
Speaker 3: advantage of it. We're finding the ductions. And so if

517
00:24:01,600 --> 00:24:07,280
Speaker 3: you anyone is in the game of podcasting or doing

518
00:24:07,400 --> 00:24:11,320
Speaker 3: video recording in your home, right, number one thing is

519
00:24:11,359 --> 00:24:14,920
Speaker 3: that it can't be a sole partnered LLC. It has

520
00:24:14,960 --> 00:24:16,959
Speaker 3: to be a C corp or an escort. Right, you

521
00:24:17,000 --> 00:24:19,359
Speaker 3: can't be renting it to yourself. Why does earn your

522
00:24:19,440 --> 00:24:22,240
Speaker 3: leisure work? Because I don't solely own the business. I

523
00:24:22,280 --> 00:24:25,160
Speaker 3: have two partners with me, and so it makes sense

524
00:24:25,200 --> 00:24:27,080
Speaker 3: that we can do it. Think about that, right for

525
00:24:27,359 --> 00:24:30,000
Speaker 3: not just Augusta, but like how many sports sounds like

526
00:24:30,040 --> 00:24:33,720
Speaker 3: we went to Michigan this year, Right, the entire city

527
00:24:33,760 --> 00:24:35,280
Speaker 3: of an Arber is based.

528
00:24:35,040 --> 00:24:36,760
Speaker 2: Around Michigan football pretty much.

529
00:24:37,400 --> 00:24:39,240
Speaker 3: When we had to park, we have to pay one

530
00:24:39,320 --> 00:24:42,960
Speaker 3: hundred dollars to park in somebody's grass. Right, they're not

531
00:24:43,000 --> 00:24:45,800
Speaker 3: writing that off on their tax returns because they're saying,

532
00:24:45,800 --> 00:24:47,440
Speaker 3: all right, how many home games do they have a year?

533
00:24:48,359 --> 00:24:51,720
Speaker 3: Probably like seven. So imagine if they get like ten

534
00:24:51,840 --> 00:24:54,120
Speaker 3: cars to pay one hundred dollars, that's one thousand dollars

535
00:24:54,119 --> 00:24:57,159
Speaker 3: every Saturday. They got seven or eight SATs six or

536
00:24:57,200 --> 00:25:01,080
Speaker 3: seven satus seven grand. That's just cash, right they if

537
00:25:01,119 --> 00:25:03,160
Speaker 3: they have a business, right if they made their business

538
00:25:04,240 --> 00:25:06,960
Speaker 3: at the parking whatever or situation it is, or rental

539
00:25:07,600 --> 00:25:09,080
Speaker 3: like for the apartment if you want to come in

540
00:25:09,119 --> 00:25:10,800
Speaker 3: for town, they don't have to write that off as

541
00:25:10,800 --> 00:25:12,240
Speaker 3: long as it's fourteen days and it's going to be

542
00:25:12,280 --> 00:25:14,280
Speaker 3: if they're coming for football because there's only eight Saturdays

543
00:25:14,359 --> 00:25:14,919
Speaker 3: that they play on.

544
00:25:15,359 --> 00:25:18,119
Speaker 5: Yeah, and it's one of these things that you have

545
00:25:18,160 --> 00:25:21,879
Speaker 5: to send an official invoice. Yep. That's extremely important to

546
00:25:21,960 --> 00:25:24,359
Speaker 5: the business. It has to be like done officially. It

547
00:25:24,359 --> 00:25:25,600
Speaker 5: can't just be like at the end of the year,

548
00:25:25,640 --> 00:25:28,440
Speaker 5: like Okay, i rented it out four thousand dollars a day,

549
00:25:28,480 --> 00:25:30,399
Speaker 5: and I'm gonna take a fourteen thousand dollars duct Like

550
00:25:30,400 --> 00:25:33,399
Speaker 5: it's not doesn't work like that. Send an official invoice

551
00:25:33,680 --> 00:25:38,919
Speaker 5: to the business right be paid from the business. Like

552
00:25:39,320 --> 00:25:43,199
Speaker 5: that's important, Like have the invoice paid from the business

553
00:25:43,280 --> 00:25:44,960
Speaker 5: so they can track it so they can make sure

554
00:25:45,000 --> 00:25:47,439
Speaker 5: that it's official. But like you said, it's great for

555
00:25:48,000 --> 00:25:53,920
Speaker 5: content creators, people that you know, YouTube, podcasters, anything. We're

556
00:25:53,920 --> 00:25:58,080
Speaker 5: actually using like an in house studio because that's what

557
00:25:58,119 --> 00:26:01,639
Speaker 5: we very much do as far as the Troy's pretty

558
00:26:01,720 --> 00:26:05,600
Speaker 5: much his basement is our studio, so it's in his house,

559
00:26:06,560 --> 00:26:09,240
Speaker 5: but we also work out of it obviously make a

560
00:26:09,240 --> 00:26:12,080
Speaker 5: lot of content, so we can you know, you can

561
00:26:12,440 --> 00:26:17,720
Speaker 5: rent out your basement to earn your leisure and it's

562
00:26:17,760 --> 00:26:23,159
Speaker 5: tax benefits obviously for that, and the benefit of it

563
00:26:23,400 --> 00:26:25,400
Speaker 5: also is that.

564
00:26:27,000 --> 00:26:29,600
Speaker 2: We were going to be using this anyway.

565
00:26:29,960 --> 00:26:32,560
Speaker 5: So it's one of these things where it's like going

566
00:26:32,600 --> 00:26:34,240
Speaker 5: back to the last thing, you know, you just got

567
00:26:34,280 --> 00:26:37,000
Speaker 5: to be creative and figure out, Okay, how can I

568
00:26:37,119 --> 00:26:39,919
Speaker 5: maximize the situation because it's like, all right, we're going

569
00:26:39,960 --> 00:26:43,480
Speaker 5: to be here anyway, so why not take advantage of

570
00:26:43,520 --> 00:26:46,000
Speaker 5: it and another way to find out, you know, because

571
00:26:46,000 --> 00:26:47,720
Speaker 5: like you said, it has to be a reasonable price

572
00:26:47,760 --> 00:26:51,159
Speaker 5: that you're charging rent, Like you just you can't charge

573
00:26:51,200 --> 00:26:57,040
Speaker 5: like one hundred thousand a day. That's not a reasonable price.

574
00:26:57,080 --> 00:27:00,240
Speaker 5: But how can you find reasonable price a you know, yeah,

575
00:27:00,240 --> 00:27:01,800
Speaker 5: I have a level of common sense. But then you're

576
00:27:01,800 --> 00:27:06,720
Speaker 5: gonna go to websites like Airbnb peer space and see

577
00:27:06,760 --> 00:27:11,560
Speaker 5: like with apartments or side like if it's just like

578
00:27:11,560 --> 00:27:15,200
Speaker 5: it's a thousand square feet here, what apartments or places

579
00:27:15,200 --> 00:27:17,680
Speaker 5: that's a thousand square feet are charging per day?

580
00:27:17,760 --> 00:27:18,000
Speaker 2: You know what?

581
00:27:18,040 --> 00:27:19,360
Speaker 5: The crazy area.

582
00:27:19,720 --> 00:27:21,639
Speaker 2: We were shooting assets of a liability shout out to

583
00:27:21,640 --> 00:27:22,400
Speaker 2: our revolte.

584
00:27:22,080 --> 00:27:24,640
Speaker 3: Team, and we were looking at the young lady who

585
00:27:24,640 --> 00:27:25,480
Speaker 3: rented the apartment.

586
00:27:25,480 --> 00:27:26,639
Speaker 2: We're like, yo, how much this go for?

587
00:27:26,680 --> 00:27:28,520
Speaker 3: And then she told us the site and when we

588
00:27:28,560 --> 00:27:30,359
Speaker 3: were doing the research for it, I'm like, I bet

589
00:27:30,520 --> 00:27:32,119
Speaker 3: that's how we'll be able to tell how much we

590
00:27:32,160 --> 00:27:35,159
Speaker 3: can get. Here's another thing though, right, every year we

591
00:27:35,200 --> 00:27:38,600
Speaker 3: want to improve our game, right, and so the cameras

592
00:27:38,600 --> 00:27:41,119
Speaker 3: that we lose used last year, I might say, we

593
00:27:41,160 --> 00:27:44,000
Speaker 3: need to upgrade, right, So the cameras now become a

594
00:27:44,040 --> 00:27:47,520
Speaker 3: deduction for the business. The lighting becomes a deduction for

595
00:27:47,560 --> 00:27:50,640
Speaker 3: the business. The renovations that we have. Right, So, if

596
00:27:50,640 --> 00:27:52,560
Speaker 3: you haven't seen the studio before, it didn't look anything

597
00:27:52,600 --> 00:27:55,240
Speaker 3: like this. The couch, everything that's inside this room is

598
00:27:55,240 --> 00:27:57,440
Speaker 3: a right off for the business. And so now when

599
00:27:57,440 --> 00:27:59,720
Speaker 3: we're talking about how much do we charge, Yeah, the

600
00:27:59,760 --> 00:28:02,520
Speaker 3: space might cost a thousand, but the level of equipment

601
00:28:02,560 --> 00:28:04,760
Speaker 3: that we're using, we might have to up the price

602
00:28:04,800 --> 00:28:08,359
Speaker 3: a little bit because, yeah, this camera costs four thousand,

603
00:28:08,359 --> 00:28:10,480
Speaker 3: that's twelve thousand dollars worth of the lighting.

604
00:28:10,200 --> 00:28:11,679
Speaker 2: Costs three thousand.

605
00:28:11,840 --> 00:28:13,480
Speaker 3: Right, we got to take that into account because the

606
00:28:13,480 --> 00:28:16,400
Speaker 3: business is also renting that, you see what I'm saying,

607
00:28:16,400 --> 00:28:17,600
Speaker 3: So that's another deduction.

608
00:28:17,800 --> 00:28:19,280
Speaker 2: Just these little things.

609
00:28:19,000 --> 00:28:22,239
Speaker 3: That you didn't know that you could do, and now

610
00:28:22,280 --> 00:28:23,760
Speaker 3: we're telling you because we're doing it.

611
00:28:24,280 --> 00:28:27,040
Speaker 5: Peer Space is another great site. Spoke about this briefly

612
00:28:27,080 --> 00:28:29,840
Speaker 5: on Market Mondays, but if anybody's not familiar with peers Space,

613
00:28:29,840 --> 00:28:33,040
Speaker 5: and there's a few other sites similar to it, where

614
00:28:33,520 --> 00:28:36,320
Speaker 5: like Airbnb obviously everybody knows what that is, where you know,

615
00:28:36,320 --> 00:28:38,840
Speaker 5: you rent your apartment or your house for the night

616
00:28:38,920 --> 00:28:40,680
Speaker 5: or a couple of nights, people you know, spend the

617
00:28:40,760 --> 00:28:43,640
Speaker 5: night there. But peer Space is great because it's like

618
00:28:43,720 --> 00:28:47,440
Speaker 5: done per hour, and it's more so done for like

619
00:28:47,480 --> 00:28:50,040
Speaker 5: people that shooting content. So we found out about peer

620
00:28:50,080 --> 00:28:52,160
Speaker 5: Space when we shooting our Revolt show. Shout out to

621
00:28:52,240 --> 00:28:55,360
Speaker 5: Revolt make sure you watch Assets over Liabilities on Revolt

622
00:28:55,400 --> 00:28:56,600
Speaker 5: TV Revolts YouTube.

623
00:28:56,640 --> 00:28:57,680
Speaker 2: Please do so.

624
00:28:57,760 --> 00:28:59,920
Speaker 5: When we were in La we were shooting an episode

625
00:29:00,120 --> 00:29:05,600
Speaker 5: Assets over liabilities actually both in la and Atlanta, but

626
00:29:05,640 --> 00:29:08,120
Speaker 5: Atlanta's the one where we actually met the person that

627
00:29:08,760 --> 00:29:10,720
Speaker 5: she it was her apartment. So she was a big

628
00:29:10,760 --> 00:29:12,280
Speaker 5: fan of your leader. She heard that we was going

629
00:29:12,320 --> 00:29:14,640
Speaker 5: to be there, so she stayed and we met her

630
00:29:14,720 --> 00:29:17,920
Speaker 5: and she was telling us that she was renting her

631
00:29:17,960 --> 00:29:19,920
Speaker 5: spot out on pier Space and was like, what does

632
00:29:19,920 --> 00:29:22,120
Speaker 5: that mean. She was like, well, you know a lot

633
00:29:22,160 --> 00:29:26,479
Speaker 5: of people shoot content, so now instead of charging you know,

634
00:29:26,600 --> 00:29:29,360
Speaker 5: a thousand dollars or two thousand dollars for a night,

635
00:29:29,680 --> 00:29:33,200
Speaker 5: you can charge that for four hours. But and now

636
00:29:33,240 --> 00:29:35,800
Speaker 5: it's like a professional crew coming, so you don't have

637
00:29:35,800 --> 00:29:39,120
Speaker 5: to worry about like revolt, you know, breaking your window

638
00:29:39,160 --> 00:29:41,520
Speaker 5: and stuff like that. It's a professional camera crew that's coming,

639
00:29:41,600 --> 00:29:43,480
Speaker 5: and they just strictly business. They're not going to be

640
00:29:43,480 --> 00:29:46,680
Speaker 5: there for nonsense. They're only there for a few hours.

641
00:29:47,000 --> 00:29:49,520
Speaker 5: And that's the way for even She was explaining, you know,

642
00:29:49,800 --> 00:29:52,600
Speaker 5: if some buildings, obviously check the check the building and

643
00:29:52,680 --> 00:29:56,640
Speaker 5: make sure. But if some buildings don't allow, you know,

644
00:29:56,680 --> 00:29:59,000
Speaker 5: Airbnb's as far as somebody like kind of living there,

645
00:29:59,400 --> 00:30:02,800
Speaker 5: they may the peer space situation because they're not living

646
00:30:02,800 --> 00:30:05,800
Speaker 5: there technically, it's just day rentals. So that's just like

647
00:30:05,880 --> 00:30:08,720
Speaker 5: having like you know, just people coming over for the day, right,

648
00:30:08,760 --> 00:30:11,719
Speaker 5: So that's a whole different ballgame. Support have somebody actually

649
00:30:11,760 --> 00:30:14,240
Speaker 5: like spending a night there, spending a couple of nights there,

650
00:30:14,520 --> 00:30:18,120
Speaker 5: So it's more leniency and it's actually more profitable a

651
00:30:18,160 --> 00:30:20,360
Speaker 5: lot of times as well, especially if you live in

652
00:30:20,400 --> 00:30:25,640
Speaker 5: a city like La Atlanta, Miami, where people shoot content

653
00:30:25,720 --> 00:30:28,480
Speaker 5: all the time. It's very very common that people shoot

654
00:30:28,520 --> 00:30:33,400
Speaker 5: music videos, people shoot television movies, all kinds of stuff.

655
00:30:33,560 --> 00:30:36,080
Speaker 5: And if you know you have a decent place, you

656
00:30:36,080 --> 00:30:38,400
Speaker 5: can make a lot of money at least cover your

657
00:30:38,400 --> 00:30:41,400
Speaker 5: rent or your mortgage. There's only a couple of days

658
00:30:41,440 --> 00:30:44,000
Speaker 5: out the month. So peer space is something that everybody

659
00:30:44,000 --> 00:30:46,760
Speaker 5: needs to be aware of too, because that's another avenue

660
00:30:46,840 --> 00:30:49,040
Speaker 5: and it works just like Airbnb as far as you know,

661
00:30:49,160 --> 00:30:52,320
Speaker 5: go on there and the list of property, take pictures,

662
00:30:52,360 --> 00:30:55,000
Speaker 5: stuff like that. But it's just you know, it's a

663
00:30:55,000 --> 00:30:57,840
Speaker 5: lot less time as opposed to the Airbnb, where you know,

664
00:30:58,320 --> 00:31:00,640
Speaker 5: two three days, you just got two three hours with

665
00:31:00,680 --> 00:31:01,560
Speaker 5: the pair space.

666
00:31:01,720 --> 00:31:04,000
Speaker 3: Yeah yeah, So I mean these are gems, man, these

667
00:31:04,000 --> 00:31:06,240
Speaker 3: are gems. And like I said, this is the time

668
00:31:06,280 --> 00:31:07,880
Speaker 3: of the year where people could be looking at it.

669
00:31:07,920 --> 00:31:09,960
Speaker 3: But again, make sure you record and the best way

670
00:31:09,960 --> 00:31:13,200
Speaker 3: to find a record of what you've done. For us,

671
00:31:13,320 --> 00:31:15,320
Speaker 3: it's simple, right, we can go to YouTube and see like,

672
00:31:15,400 --> 00:31:18,000
Speaker 3: hey we did this episode this day. It's already tracked

673
00:31:18,040 --> 00:31:21,440
Speaker 3: my iPad. But we've documented everything we've done, so it

674
00:31:21,480 --> 00:31:23,959
Speaker 3: makes it very easy. So I would suggest everybody make

675
00:31:24,000 --> 00:31:25,960
Speaker 3: sure that you document your process, make sure you have

676
00:31:26,040 --> 00:31:28,960
Speaker 3: your dates in line, make sure you send those invoices correctly. Again,

677
00:31:29,000 --> 00:31:31,440
Speaker 3: the August thro a couple of things just to remember, right,

678
00:31:31,520 --> 00:31:34,239
Speaker 3: it has to be fourteen days so or people. If

679
00:31:34,240 --> 00:31:36,400
Speaker 3: you look at the law, they'll say under fifteen So

680
00:31:36,560 --> 00:31:40,880
Speaker 3: fourteen days. Someone has to own a home. And you

681
00:31:41,000 --> 00:31:44,800
Speaker 3: have to have a business, not just you a soul LC.

682
00:31:44,960 --> 00:31:46,560
Speaker 3: You have to have partners, you have to ask help

683
00:31:46,680 --> 00:31:48,760
Speaker 3: or see cool. You have to have those things in

684
00:31:48,880 --> 00:31:50,480
Speaker 3: order for this Segust rule to work. I think it's

685
00:31:50,480 --> 00:31:52,880
Speaker 3: a great rule. I'm not sure, do we notice not yet?

686
00:31:54,320 --> 00:31:55,080
Speaker 3: Sure we should have?

687
00:31:55,360 --> 00:31:56,400
Speaker 5: Yeah?

688
00:31:56,760 --> 00:31:57,320
Speaker 2: Has been the stuff?

689
00:31:57,600 --> 00:32:00,640
Speaker 5: Yes, there you have it, ladies and gentlemen. So all right,

690
00:32:00,720 --> 00:32:03,200
Speaker 5: so now I want to do a storytime. All right,

691
00:32:03,720 --> 00:32:06,560
Speaker 5: So I told you this is going to be nostalgic

692
00:32:07,240 --> 00:32:12,320
Speaker 5: and part of that nostalgia was actually my favorite part

693
00:32:12,440 --> 00:32:15,480
Speaker 5: of the show. When we first started, it was a

694
00:32:15,560 --> 00:32:20,040
Speaker 5: segment that we had called Storytime. Storytime was a time

695
00:32:20,080 --> 00:32:24,000
Speaker 5: that we used to do like case studies into interesting

696
00:32:24,440 --> 00:32:28,160
Speaker 5: subjects and pop culture related to business, and we used

697
00:32:28,160 --> 00:32:31,840
Speaker 5: to just break down like different interesting little tibbets and

698
00:32:33,200 --> 00:32:35,200
Speaker 5: kind of break it down and explain, you know, it

699
00:32:35,240 --> 00:32:37,479
Speaker 5: in detail and you know, bring it back to how

700
00:32:37,520 --> 00:32:40,640
Speaker 5: it's relevant to you know, business and stuff that you

701
00:32:40,680 --> 00:32:41,200
Speaker 5: can learn from.

702
00:32:41,200 --> 00:32:41,560
Speaker 2: Its fun.

703
00:32:42,320 --> 00:32:44,880
Speaker 3: Yeah, remember we came up with the idea and then

704
00:32:45,960 --> 00:32:49,000
Speaker 3: trying to create a segment for it. I remember this

705
00:32:49,040 --> 00:32:51,040
Speaker 3: episode is brought to you by P and C Bank.

706
00:32:51,440 --> 00:32:54,200
Speaker 3: A lot of people think podcasts about work are boring,

707
00:32:54,400 --> 00:32:58,280
Speaker 3: and sure they definitely can be, but understanding of professionals

708
00:32:58,320 --> 00:33:01,600
Speaker 3: routine shows us how they achieved their success little by little,

709
00:33:01,960 --> 00:33:05,640
Speaker 3: day after day. It's like banking with P and C Bank.

710
00:33:06,080 --> 00:33:08,880
Speaker 3: It might seem boring to save, plan and make calculated

711
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Speaker 3: decisions with your bank, but keeping your money boring is

712
00:33:12,040 --> 00:33:15,360
Speaker 3: what helps you live or more happily fulfilled life. P

713
00:33:15,480 --> 00:33:20,320
Speaker 3: and C Bank brilliantly boring since eighteen sixty five. Brilliantly

714
00:33:20,360 --> 00:33:23,000
Speaker 3: boring since eighteen sixty five is a service mark of

715
00:33:23,040 --> 00:33:26,280
Speaker 3: the PNC Financial Service Group, Inc. P and C Bank

716
00:33:26,680 --> 00:33:28,920
Speaker 3: National Association member FDIC.

717
00:33:32,000 --> 00:33:32,680
Speaker 2: Erness What's Up?

718
00:33:32,760 --> 00:33:35,239
Speaker 3: You ever walk into a small business and everything just

719
00:33:35,400 --> 00:33:38,560
Speaker 3: works like the checkout is fast, their seats are digital,

720
00:33:39,080 --> 00:33:42,080
Speaker 3: tipping is a breeze, and you're out the door before

721
00:33:42,080 --> 00:33:46,240
Speaker 3: the line even builds odds are they're using Square. We

722
00:33:46,400 --> 00:33:48,920
Speaker 3: love supporting businesses that run on Square because it just

723
00:33:48,960 --> 00:33:52,200
Speaker 3: feels seamless. Whether it's a local coffee shop, a vendor

724
00:33:52,240 --> 00:33:54,520
Speaker 3: at a pop up market, or even one of our

725
00:33:54,560 --> 00:33:58,240
Speaker 3: merch partners. Square makes it easy for them to take payments,

726
00:33:58,440 --> 00:34:02,120
Speaker 3: manage inventory, and run their business with confidence, all from

727
00:34:02,240 --> 00:34:05,680
Speaker 3: one simple system. If you're a business owner or even

728
00:34:05,760 --> 00:34:09,279
Speaker 3: just thinking about launching something soon, Square is hands down

729
00:34:09,320 --> 00:34:12,360
Speaker 3: one of the best tools out there to help you start, run,

730
00:34:12,560 --> 00:34:15,880
Speaker 3: and grow. It's not just about payments, it's about giving

731
00:34:15,920 --> 00:34:18,600
Speaker 3: you time back so you can focus on what matters

732
00:34:18,640 --> 00:34:21,880
Speaker 3: most ready. To see how Square can transform your business,

733
00:34:22,160 --> 00:34:26,800
Speaker 3: visit Square dot com backslash go backslash eyl to learn

734
00:34:26,840 --> 00:34:32,000
Speaker 3: more that Square dot com backslash, go backslash eyl. Don't wait,

735
00:34:32,320 --> 00:34:35,160
Speaker 3: don't hesitate, Let's Square handle the back end so you

736
00:34:35,160 --> 00:34:37,240
Speaker 3: can keep pushing your vision forward.

737
00:34:39,360 --> 00:34:42,560
Speaker 6: There's nothing more satisfying than finding the perfect green paint

738
00:34:42,600 --> 00:34:45,640
Speaker 6: for your living room, except maybe popping open that can

739
00:34:45,680 --> 00:34:49,040
Speaker 6: of Valspar Ultra and rolling that first smooth stroke on

740
00:34:49,080 --> 00:34:52,600
Speaker 6: the wall. And there's nothing more satisfying than admiring your

741
00:34:52,600 --> 00:34:57,040
Speaker 6: freshly painted wall, except maybe peeling off the painter's tape

742
00:34:57,040 --> 00:35:00,239
Speaker 6: to see those crisp edges. But the most Satis find

743
00:35:00,280 --> 00:35:03,040
Speaker 6: part of all ballast bar Ultras price tag starting at

744
00:35:03,040 --> 00:35:07,800
Speaker 6: twenty nine ninety eight a gallon, affordable durable available at lows.

745
00:35:08,000 --> 00:35:08,839
Speaker 6: Price varies by.

746
00:35:08,760 --> 00:35:11,640
Speaker 3: Sheep being like in the my office at work, like

747
00:35:11,800 --> 00:35:13,560
Speaker 3: trying to piece worse kind of like, yo, we gotta

748
00:35:13,640 --> 00:35:16,040
Speaker 3: use that NAS clip, Like here's a real story that

749
00:35:16,120 --> 00:35:18,399
Speaker 3: must be too, Like yeah, so to have it back

750
00:35:18,480 --> 00:35:19,040
Speaker 3: do it again.

751
00:35:19,120 --> 00:35:20,279
Speaker 2: Man, it's always fun.

752
00:35:20,440 --> 00:35:23,279
Speaker 5: It's such fun. So in true Eyo fashion, if you

753
00:35:23,360 --> 00:35:25,800
Speaker 5: listen on audio, this is strictly for audio, because we

754
00:35:25,840 --> 00:35:28,800
Speaker 5: actually started on audio before you on YouTube. So audio

755
00:35:28,880 --> 00:35:30,720
Speaker 5: were about to run it, about to run a NAS

756
00:35:30,719 --> 00:35:34,399
Speaker 5: clip and let's get in the storytelle. Here's a little

757
00:35:34,440 --> 00:35:34,960
Speaker 5: story that.

758
00:35:34,960 --> 00:35:35,640
Speaker 2: Must be too.

759
00:35:36,400 --> 00:35:39,440
Speaker 4: Listen up, gangsters and honeys with your head done storytelling

760
00:35:39,560 --> 00:35:41,280
Speaker 4: stuff down right up, right.

761
00:35:41,200 --> 00:35:44,279
Speaker 5: Up, all right. So for this one, we're gonna talk

762
00:35:44,320 --> 00:35:47,200
Speaker 5: about leg one of the goats in the game.

763
00:35:47,320 --> 00:35:47,560
Speaker 3: Man.

764
00:35:47,960 --> 00:35:51,640
Speaker 5: The question and the answer. Shout out to Alan Iverson,

765
00:35:51,760 --> 00:35:56,160
Speaker 5: Bubba Chuck, Bubba Chuck. The question the answer goes by

766
00:35:56,200 --> 00:35:59,920
Speaker 5: so many different names, Ai and somebody who I actually

767
00:36:00,040 --> 00:36:01,120
Speaker 5: had the honor of meeting.

768
00:36:01,960 --> 00:36:02,879
Speaker 2: It's been a crazy year.

769
00:36:03,040 --> 00:36:05,839
Speaker 5: Yeah, shout out, shout out to my brother Al Harrington. Man,

770
00:36:05,880 --> 00:36:07,560
Speaker 5: that was a huge, huge, you know, if anybody, if

771
00:36:07,600 --> 00:36:10,360
Speaker 5: you know me, you know, I'm a huge, huge sports fanatic,

772
00:36:10,680 --> 00:36:13,279
Speaker 5: play basketball my whole life. And Alan Iverson was one

773
00:36:13,280 --> 00:36:15,760
Speaker 5: of my you know, greatest inspirations, one of my favorite

774
00:36:15,760 --> 00:36:19,400
Speaker 5: players of all time, somebody who always, you know, just

775
00:36:19,440 --> 00:36:21,880
Speaker 5: held in such high regards since he was in Georgetown.

776
00:36:21,920 --> 00:36:26,959
Speaker 2: There's nothing like the Georgetown. Yeah with George.

777
00:36:28,000 --> 00:36:30,879
Speaker 5: Shout out to shout out to the whole team. Man.

778
00:36:31,560 --> 00:36:34,560
Speaker 2: I think I got to start in five FA the page.

779
00:36:34,360 --> 00:36:38,200
Speaker 5: Victor Page, a legend, faked pages, Legendary Williams, Jeron Williams,

780
00:36:38,239 --> 00:36:41,560
Speaker 5: junk Yard Dog Harrington, Othella Harrington, that's.

781
00:36:42,080 --> 00:36:47,520
Speaker 2: Legendbo Carolina, that's North Carolina.

782
00:36:47,600 --> 00:36:49,200
Speaker 5: That was what I was a great team, The North

783
00:36:49,200 --> 00:36:52,800
Speaker 5: Carolina team. Well the Georgetown team that was that was

784
00:36:52,840 --> 00:36:55,560
Speaker 5: the hell of a team. But shout out to Ai

785
00:36:55,680 --> 00:36:59,719
Speaker 5: So long story, short, legend in the game. Yes, so,

786
00:37:00,160 --> 00:37:02,960
Speaker 5: but we're gonna talk about you know, some financial uh

787
00:37:03,920 --> 00:37:08,960
Speaker 5: situations with him. So he has one of the dopest

788
00:37:09,040 --> 00:37:12,839
Speaker 5: creative deals in history of Rebok. You know a lot

789
00:37:12,920 --> 00:37:16,239
Speaker 5: of people you know he signed with Reebok, came out

790
00:37:16,320 --> 00:37:18,600
Speaker 5: with the you know the question, the question was the

791
00:37:18,640 --> 00:37:21,400
Speaker 5: first shoot to answer was the second shoe. Shout out

792
00:37:21,440 --> 00:37:23,959
Speaker 5: to Steve Stout put together that commercial for Jada Kiss.

793
00:37:24,000 --> 00:37:26,120
Speaker 5: That was a legendary commercial, probably one of the best

794
00:37:26,120 --> 00:37:29,120
Speaker 5: commercials of all time. But you know he's still getting

795
00:37:29,200 --> 00:37:31,480
Speaker 5: paid from Reebok to this day.

796
00:37:31,640 --> 00:37:33,719
Speaker 3: Yeah, I think he was the I've never heard of

797
00:37:33,800 --> 00:37:37,440
Speaker 3: that prior to him getting that lifetime deal. The lifetime

798
00:37:37,760 --> 00:37:40,280
Speaker 3: we grew up in sneaker coach Driviously, Jordan was huge.

799
00:37:40,560 --> 00:37:40,680
Speaker 1: Uh.

800
00:37:41,160 --> 00:37:44,080
Speaker 3: Penny had had his kids, Greven Greenhill had Feli Rocket,

801
00:37:44,719 --> 00:37:46,320
Speaker 3: but Rebok gave shotgut rebox.

802
00:37:46,400 --> 00:37:47,600
Speaker 2: So let's not forget shocked.

803
00:37:47,600 --> 00:37:49,080
Speaker 3: As far as the kids, shout to man and Patrick

804
00:37:49,080 --> 00:37:51,520
Speaker 3: Ewing does nothing disrespect my Jamaicans. Shout out to New

805
00:37:51,560 --> 00:37:53,040
Speaker 3: York everybody in New York. I know you had to

806
00:37:53,040 --> 00:37:56,040
Speaker 3: pay of units, but nobody had a lifetime deal. Like

807
00:37:56,239 --> 00:37:57,480
Speaker 3: I couldn't even understand it.

808
00:37:57,520 --> 00:38:01,040
Speaker 2: What does that mean? Like he is in two thousand

809
00:38:01,040 --> 00:38:02,600
Speaker 2: and one, Like I think he signs his deal and

810
00:38:02,640 --> 00:38:04,319
Speaker 2: it's like he's good for the rest of his life.

811
00:38:04,360 --> 00:38:06,040
Speaker 2: I'm like, well, he's not playing ball for the rest

812
00:38:06,040 --> 00:38:07,120
Speaker 2: of his life. Does like what?

813
00:38:07,840 --> 00:38:08,040
Speaker 5: Yeah?

814
00:38:08,239 --> 00:38:08,759
Speaker 2: So, And.

815
00:38:10,360 --> 00:38:12,200
Speaker 5: When he first came in the league in nineteen ninety six,

816
00:38:12,239 --> 00:38:14,319
Speaker 5: he signed a fifty million dollar believe fifty million dollar

817
00:38:14,480 --> 00:38:18,200
Speaker 5: deal or rebout ten year deal and at the time,

818
00:38:18,280 --> 00:38:19,800
Speaker 5: you know that was crazy. He put out the shoot

819
00:38:19,800 --> 00:38:23,160
Speaker 5: that went that went't crazy? And uh, you know it's

820
00:38:23,280 --> 00:38:27,640
Speaker 5: so ironic because I think his last game that he

821
00:38:27,840 --> 00:38:35,160
Speaker 5: played was two ten, ten twelve years bro, Yeah, twelve

822
00:38:35,480 --> 00:38:42,000
Speaker 5: twelve years after he over a decade. So he has

823
00:38:43,480 --> 00:38:48,240
Speaker 5: in his contract in newer contract that he signed payments

824
00:38:48,239 --> 00:38:50,560
Speaker 5: of eight hundred thousand dollars a year. So, you know,

825
00:38:50,640 --> 00:38:52,439
Speaker 5: a lot of times, obviously people know that he fell

826
00:38:52,480 --> 00:38:54,680
Speaker 5: on some you know, some hard times out of divorce,

827
00:38:54,719 --> 00:38:57,600
Speaker 5: I believe, but then he got remarried. But no issues.

828
00:38:57,600 --> 00:39:00,279
Speaker 5: You know, people always have issues. So but you know,

829
00:39:00,440 --> 00:39:02,239
Speaker 5: that's one of the things where it's like he had

830
00:39:02,280 --> 00:39:04,440
Speaker 5: the foresight and his advisors had the foresight to put

831
00:39:04,480 --> 00:39:07,239
Speaker 5: that together and have eight hundred thousand dollars a year.

832
00:39:07,360 --> 00:39:09,279
Speaker 5: He's still getting paid eight hundred thousand dollars a year.

833
00:39:09,320 --> 00:39:11,200
Speaker 5: So it's like, even if you blow everything, you know,

834
00:39:11,280 --> 00:39:13,520
Speaker 5: you still, at the very least you're gonna have almost

835
00:39:13,520 --> 00:39:14,680
Speaker 5: a million dollars when you wake up.

836
00:39:15,280 --> 00:39:17,080
Speaker 3: You're still putting out the shoe, like they're putting up

837
00:39:17,120 --> 00:39:19,760
Speaker 3: limited editions of the shoe. I think this year's addition

838
00:39:19,880 --> 00:39:21,799
Speaker 3: is going to be an ode to the ninety six

839
00:39:21,880 --> 00:39:25,640
Speaker 3: draft class. So everybody in the lottery, a color from

840
00:39:25,680 --> 00:39:26,200
Speaker 3: their team.

841
00:39:26,080 --> 00:39:27,399
Speaker 2: Is going to be on the new shoe.

842
00:39:27,640 --> 00:39:31,759
Speaker 5: Yeah. But another probably even better than that, is he

843
00:39:31,840 --> 00:39:34,600
Speaker 5: has a thirty two million dollar trust that he can't

844
00:39:34,640 --> 00:39:38,719
Speaker 5: access until he turns fifty five. To believe, that's year

845
00:39:38,880 --> 00:39:44,480
Speaker 5: twenty thirty. So when he turns fifty five, he has

846
00:39:44,600 --> 00:39:47,239
Speaker 5: thirty two million dollars in the trust from Reebok. So

847
00:39:47,440 --> 00:39:49,040
Speaker 5: you know, that was a you know what we call

848
00:39:49,239 --> 00:39:53,000
Speaker 5: in the insurance world idea the third annuity, the thurred

849
00:39:53,080 --> 00:39:56,320
Speaker 5: income annuity where you put you know, a set amount

850
00:39:56,320 --> 00:39:59,640
Speaker 5: of money away and it grows over the period of time.

851
00:39:59,640 --> 00:40:02,120
Speaker 5: It's of like a lock up period and you can't

852
00:40:02,160 --> 00:40:04,640
Speaker 5: actually have access to it until a certain period of time.

853
00:40:04,680 --> 00:40:07,160
Speaker 5: And then when you do have access, now you can

854
00:40:07,320 --> 00:40:09,200
Speaker 5: choose different ways how you can choose, but most people

855
00:40:09,280 --> 00:40:12,800
Speaker 5: choose like another lifelong payout where it's like I to

856
00:40:12,920 --> 00:40:16,239
Speaker 5: do a calculation based off of your age and now,

857
00:40:16,520 --> 00:40:18,800
Speaker 5: you know, let's say that thirty two million will equate

858
00:40:18,920 --> 00:40:21,360
Speaker 5: to you know, one point five million dollars for the

859
00:40:21,400 --> 00:40:23,920
Speaker 5: rest of your life. Somebody else who had, you know,

860
00:40:24,280 --> 00:40:28,560
Speaker 5: a similar type of contract like that, the legendary Bobby Bonia.

861
00:40:28,800 --> 00:40:33,720
Speaker 5: We've covered that story, Bobby Vode. Yeah, for sure, Bobby

862
00:40:33,760 --> 00:40:36,960
Speaker 5: Bonia another one that had that insight. So it's like,

863
00:40:37,120 --> 00:40:40,080
Speaker 5: you know, that is tremendous insight. Like I said of

864
00:40:40,200 --> 00:40:44,640
Speaker 5: on his advisors, whoever set that up form definitely, you know, great,

865
00:40:44,719 --> 00:40:48,360
Speaker 5: great insight. Whereas Okay, you might have had some financial troubles.

866
00:40:48,400 --> 00:40:51,680
Speaker 5: You might have you know, might have not made the

867
00:40:51,800 --> 00:40:55,600
Speaker 5: best decisions financially, but a you still have a salary

868
00:40:55,760 --> 00:40:58,600
Speaker 5: every year pretty much of eight hundred thousand dollars, but

869
00:40:58,960 --> 00:41:02,200
Speaker 5: even bigger than that, you got thirty two million that's

870
00:41:02,280 --> 00:41:04,600
Speaker 5: waiting for you when you turn fifty five, like at

871
00:41:04,680 --> 00:41:06,920
Speaker 5: the age when you probably needed the most. Actually, and

872
00:41:07,040 --> 00:41:09,520
Speaker 5: now that's that's a deferred annuity, that's you know, growing

873
00:41:09,560 --> 00:41:12,560
Speaker 5: over the course of time, and that's just going to

874
00:41:12,640 --> 00:41:13,719
Speaker 5: set you up for the rest of your life.

875
00:41:13,960 --> 00:41:17,560
Speaker 3: Yeah, I mean the division, I mean the person. Obviously,

876
00:41:17,560 --> 00:41:21,280
Speaker 3: the devises, everybody obviously probably looked at his financial statements

877
00:41:21,320 --> 00:41:23,160
Speaker 3: going up until that point and said, let's protect him.

878
00:41:23,200 --> 00:41:25,560
Speaker 3: Let's put these barriers in place to protect him.

879
00:41:25,560 --> 00:41:26,600
Speaker 2: So that Annuel Sally, I.

880
00:41:26,640 --> 00:41:29,160
Speaker 5: Know, it probably wasn't even rebod though it's probably outside.

881
00:41:29,800 --> 00:41:31,440
Speaker 2: Yeah, because I'm thinking like eight hundred thousand.

882
00:41:31,440 --> 00:41:35,720
Speaker 3: At that time, when he's making a couple million, probably

883
00:41:35,719 --> 00:41:38,080
Speaker 3: almost nearly every two or three games, it didn't feel

884
00:41:38,120 --> 00:41:40,080
Speaker 3: like a lot. But when you stopped playing and life

885
00:41:40,200 --> 00:41:43,040
Speaker 3: stoles down for you a little bit, the endorsement deals

886
00:41:43,040 --> 00:41:44,480
Speaker 3: that you used to get slow down a little bit.

887
00:41:44,960 --> 00:41:46,600
Speaker 3: To have the eight hundred is like, all right, bet,

888
00:41:46,640 --> 00:41:48,080
Speaker 3: I don't even have to play ball. I don't have

889
00:41:48,160 --> 00:41:51,719
Speaker 3: to like I could just chill somewhere and collect eight hundred. Yeah,

890
00:41:51,760 --> 00:41:52,440
Speaker 3: that's incredible.

891
00:41:52,920 --> 00:41:55,920
Speaker 2: So the thirty two million that grows over the time,

892
00:41:56,000 --> 00:41:56,600
Speaker 2: how does that work?

893
00:41:56,960 --> 00:41:59,600
Speaker 5: Well, that's what it's projected to be it's projected be. Yeah,

894
00:42:00,040 --> 00:42:02,480
Speaker 5: it might it might have put in, you know, fifteen million.

895
00:42:02,719 --> 00:42:04,480
Speaker 5: Whenever they started, it might have been ten million. So

896
00:42:04,560 --> 00:42:07,960
Speaker 5: it's invested over a period of time and now at

897
00:42:08,200 --> 00:42:10,120
Speaker 5: that period of time, that's what it will be. At

898
00:42:10,120 --> 00:42:12,360
Speaker 5: that period of time, it could be on This episode

899
00:42:12,440 --> 00:42:14,759
Speaker 5: is brought to you by Pepsi. I remember going to

900
00:42:14,840 --> 00:42:17,600
Speaker 5: an HBCU football game. It was one of the most

901
00:42:17,719 --> 00:42:21,520
Speaker 5: memorable experiences of my life. Watching an HBCU's team and

902
00:42:21,640 --> 00:42:25,399
Speaker 5: band brings so much excitement to the stadium, completely packed

903
00:42:25,440 --> 00:42:28,640
Speaker 5: with fans. It's a once in a lifetime opportunity. The

904
00:42:28,719 --> 00:42:31,080
Speaker 5: best part about it is that Pepsi is a proud

905
00:42:31,160 --> 00:42:35,600
Speaker 5: supporter of HBCU students on and off the field. Pepsi

906
00:42:35,719 --> 00:42:40,200
Speaker 5: in HBCUs that's what I like. Well, so it's based

907
00:42:40,239 --> 00:42:43,200
Speaker 5: off an actuary, so yeah, it could be more, depending

908
00:42:43,320 --> 00:42:45,399
Speaker 5: but you know, for most of the time, like it'll

909
00:42:45,440 --> 00:42:47,360
Speaker 5: it'll be a set number based off of a calculation.

910
00:42:48,000 --> 00:42:50,759
Speaker 5: So it'll be let's say, and that's why it's done

911
00:42:50,960 --> 00:42:54,000
Speaker 5: on like on an annuity schedule. So if it's a

912
00:42:54,080 --> 00:42:57,320
Speaker 5: ten million and let's say it's invested, you know, and

913
00:42:57,400 --> 00:43:00,520
Speaker 5: it's earning six percent, but the annuity calculation is four percent,

914
00:43:00,560 --> 00:43:03,080
Speaker 5: so they're going to guarantee the four percent. So now

915
00:43:03,120 --> 00:43:05,799
Speaker 5: it's like, all right, guaranteeing you that at this point

916
00:43:05,800 --> 00:43:07,920
Speaker 5: in time. And that's why most of the time you

917
00:43:08,000 --> 00:43:10,200
Speaker 5: take it off of an income. So it's kind of

918
00:43:10,239 --> 00:43:13,680
Speaker 5: like how a pension works for that make it its

919
00:43:13,680 --> 00:43:15,919
Speaker 5: easy to understand as possible because most people can wrap

920
00:43:15,960 --> 00:43:17,920
Speaker 5: their heads around a pension. So you know, if you

921
00:43:17,960 --> 00:43:19,680
Speaker 5: work a pension, it's like, all right, if you work

922
00:43:19,800 --> 00:43:22,240
Speaker 5: this amount of years, you get a percentage of your salary.

923
00:43:22,440 --> 00:43:25,160
Speaker 5: So that's how they can say, okay, in ten years,

924
00:43:25,200 --> 00:43:26,840
Speaker 5: you're going to have a million dollars in your pension.

925
00:43:26,920 --> 00:43:27,120
Speaker 2: Yeah.

926
00:43:27,120 --> 00:43:29,200
Speaker 3: I think like in the teacher world, they take the

927
00:43:29,320 --> 00:43:31,600
Speaker 3: average of your last three and they give you like

928
00:43:31,680 --> 00:43:33,440
Speaker 3: sixty seven percent of that or something like that.

929
00:43:34,120 --> 00:43:37,800
Speaker 5: But the deferd annuity is something that anybody can really do.

930
00:43:37,880 --> 00:43:41,279
Speaker 5: It defert annuity idea, and there's something that you can

931
00:43:41,400 --> 00:43:45,000
Speaker 5: do if you especially if you have a lump sum

932
00:43:45,040 --> 00:43:46,680
Speaker 5: of money at a young age. So a lot of

933
00:43:46,800 --> 00:43:49,600
Speaker 5: athletes are entertainers, right, so this is something that athletes

934
00:43:49,640 --> 00:43:52,360
Speaker 5: can can use as a strategy outside of a company.

935
00:43:52,480 --> 00:43:54,800
Speaker 5: You can do it yourself. So if you sign you know,

936
00:43:55,760 --> 00:43:59,440
Speaker 5: ten million dollar you know, signing bonus, if you're in

937
00:43:59,480 --> 00:44:01,640
Speaker 5: the NFL, like, you can take two million dollars and

938
00:44:01,760 --> 00:44:03,600
Speaker 5: just put it in the dea and just have it

939
00:44:03,800 --> 00:44:06,960
Speaker 5: just sitting for fifteen twenty years, growing over the course

940
00:44:07,000 --> 00:44:08,440
Speaker 5: of time, and then when it's time and take it.

941
00:44:08,520 --> 00:44:11,400
Speaker 5: Now you might have you know, fifteen million dollars that

942
00:44:11,480 --> 00:44:14,200
Speaker 5: you're just drawing a lifetime income off of. So that's

943
00:44:14,400 --> 00:44:16,560
Speaker 5: that's the strategy that you know, you can use over

944
00:44:16,600 --> 00:44:19,520
Speaker 5: the course of time as a safe way. And especially

945
00:44:19,600 --> 00:44:21,560
Speaker 5: like if you don't really trust yourself and say, I

946
00:44:22,040 --> 00:44:23,480
Speaker 5: ain't even worrying about this. I'm just going to lock

947
00:44:23,520 --> 00:44:25,520
Speaker 5: it up, give it to the insurance company. It's going

948
00:44:25,560 --> 00:44:27,879
Speaker 5: to grow by the time I turn fifty. Now I'm

949
00:44:27,880 --> 00:44:30,239
Speaker 5: going to start taking money. And now that's something that

950
00:44:30,400 --> 00:44:32,040
Speaker 5: you just set yourself up for life and you don't

951
00:44:32,040 --> 00:44:33,719
Speaker 5: even have to worry about it. Not just athletes, but

952
00:44:33,840 --> 00:44:35,759
Speaker 5: I just use athletes because you know, they get lump

953
00:44:35,800 --> 00:44:37,759
Speaker 5: sums of money. They get a large amount of money

954
00:44:37,760 --> 00:44:40,279
Speaker 5: when they're young. But anybody that comes into you know,

955
00:44:40,520 --> 00:44:44,600
Speaker 5: good fortune, if you know, yeah, that's it. That's the entrepreneurs.

956
00:44:44,880 --> 00:44:46,880
Speaker 5: If you get a win fall of money, you know

957
00:44:47,400 --> 00:44:49,719
Speaker 5: early on, and you're not sure what to do with it,

958
00:44:50,040 --> 00:44:51,799
Speaker 5: you might want to take a portion of that, put

959
00:44:51,840 --> 00:44:53,239
Speaker 5: it in the dea, let it grow over the course

960
00:44:53,280 --> 00:44:55,560
Speaker 5: of time. Now you set yourself up for a lifetime income.

961
00:44:55,680 --> 00:44:58,160
Speaker 3: Yeah, I'm thinking two things as you're speaking, right, Like

962
00:44:58,320 --> 00:45:00,200
Speaker 3: the last part of what you just said, like, if

963
00:45:00,239 --> 00:45:00,719
Speaker 3: we don't know what.

964
00:45:00,760 --> 00:45:02,120
Speaker 2: To do with it, well we know what happens.

965
00:45:02,120 --> 00:45:03,600
Speaker 3: Well we don't know what to do with it, we

966
00:45:03,719 --> 00:45:06,080
Speaker 3: spend it all right, And I'm thinking the other part

967
00:45:06,239 --> 00:45:09,160
Speaker 3: is like, yeah, AI did this deal in two thousand

968
00:45:09,160 --> 00:45:12,279
Speaker 3: and one. How many athletes has he come in contact with? Go?

969
00:45:12,440 --> 00:45:14,560
Speaker 3: Or I've heard about this deal that haven't taken advantage

970
00:45:14,600 --> 00:45:18,080
Speaker 3: of it, right, Like you don't you hear a guy story,

971
00:45:18,120 --> 00:45:20,520
Speaker 3: but you don't hear anybody else that's doing this. Right,

972
00:45:20,600 --> 00:45:23,400
Speaker 3: this makes perfect sense, man, Like y'all gonna you're gonna

973
00:45:23,400 --> 00:45:25,279
Speaker 3: be older a lot longer than you're gonna be younger,

974
00:45:25,320 --> 00:45:28,200
Speaker 3: And especially some of these guys where an injury can

975
00:45:28,320 --> 00:45:32,239
Speaker 3: change your financial trajectory that quick, or some a life

976
00:45:32,360 --> 00:45:35,839
Speaker 3: incident could change your lifetime trajectory of income. It's like, yeah,

977
00:45:35,920 --> 00:45:38,440
Speaker 3: you should be planning. This is gonna change the game.

978
00:45:38,440 --> 00:45:39,920
Speaker 3: I think it's gonna you change the game.

979
00:45:39,840 --> 00:45:44,240
Speaker 5: Just now, probably at the studio and change the game again.

980
00:45:44,680 --> 00:45:47,600
Speaker 5: So shout out to AI Bubba Chuck. We got to

981
00:45:47,640 --> 00:45:49,840
Speaker 5: get him on the podcast. He got a new strand

982
00:45:49,880 --> 00:45:50,480
Speaker 5: with Viola.

983
00:45:51,000 --> 00:45:55,680
Speaker 2: Yeah yeah, so listen, listen, what's camera I in? Hey?

984
00:45:55,719 --> 00:45:56,560
Speaker 2: Yeah you got one there.

985
00:45:57,480 --> 00:46:00,920
Speaker 5: Shout out to AI, I've heard and can congratulations much

986
00:46:00,960 --> 00:46:04,000
Speaker 5: success and yeah, look into the dea something that is

987
00:46:04,040 --> 00:46:06,640
Speaker 5: to look into for sure. All right. So the last

988
00:46:06,680 --> 00:46:09,719
Speaker 5: thing we're going to talk about is headed into twenty

989
00:46:09,800 --> 00:46:16,200
Speaker 5: twenty two, our merch, So our merch has evolved to

990
00:46:16,520 --> 00:46:21,080
Speaker 5: enough full fledged fashion line and it's something that you know,

991
00:46:21,480 --> 00:46:24,640
Speaker 5: if you've been following the Drip report, shot to thirteenth

992
00:46:24,719 --> 00:46:28,239
Speaker 5: and create for you know, capturing these pictures and most

993
00:46:28,280 --> 00:46:31,320
Speaker 5: importantly shot that might be a stylus. And you know,

994
00:46:32,040 --> 00:46:34,960
Speaker 5: when we talk about fashion more so than we're going

995
00:46:35,040 --> 00:46:36,759
Speaker 5: to get to the business behind it. And you know,

996
00:46:37,520 --> 00:46:40,600
Speaker 5: it's obviously something that you know can generate revenue for you.

997
00:46:40,760 --> 00:46:43,120
Speaker 5: But for us, we look at fashion it's a way,

998
00:46:43,160 --> 00:46:45,600
Speaker 5: it's like art. It's a way to make a statement,

999
00:46:45,960 --> 00:46:48,799
Speaker 5: it's a way to you know, reflect you know who

1000
00:46:48,920 --> 00:46:51,560
Speaker 5: you want the world to see you as you know,

1001
00:46:51,600 --> 00:46:53,479
Speaker 5: it's the first thing people see is what you're wearing.

1002
00:46:54,239 --> 00:46:57,279
Speaker 5: And you know, shout to Griselda first and foremost. And

1003
00:46:57,280 --> 00:46:59,160
Speaker 5: you know, our short inseration from a lot of different people,

1004
00:46:59,280 --> 00:47:02,719
Speaker 5: so you know, definitely inspired by a West Side gun

1005
00:47:03,320 --> 00:47:06,560
Speaker 5: and you know his his fashion mind as far as

1006
00:47:06,760 --> 00:47:08,520
Speaker 5: you know their drops that they do and things of

1007
00:47:08,560 --> 00:47:10,839
Speaker 5: that nature. And one thing that really caught my mind

1008
00:47:10,960 --> 00:47:13,320
Speaker 5: was when they you know, the original they originally started

1009
00:47:13,400 --> 00:47:17,000
Speaker 5: as a fashion company and Grisel the Fashion Rebels or

1010
00:47:17,000 --> 00:47:19,200
Speaker 5: even their drops to this day is Grisel the Fashion

1011
00:47:19,280 --> 00:47:23,400
Speaker 5: Rebels and that really, you know, resonated with me so

1012
00:47:23,719 --> 00:47:26,040
Speaker 5: kind of like you know, borrowed that and took the

1013
00:47:26,120 --> 00:47:28,640
Speaker 5: E y L Fashion Rebels. And you know, the reason

1014
00:47:28,640 --> 00:47:31,920
Speaker 5: why we say fashion rebels to me, my interpretation of

1015
00:47:32,000 --> 00:47:34,480
Speaker 5: why we say fashion rebels is, you know, we see

1016
00:47:34,480 --> 00:47:36,720
Speaker 5: a lot of people in the space and just in general,

1017
00:47:37,080 --> 00:47:40,080
Speaker 5: you know, get money and they validate their success by

1018
00:47:40,640 --> 00:47:44,759
Speaker 5: buying Balenciaga, by buying Gucci, buying Louis Vuitton, buying all

1019
00:47:44,760 --> 00:47:47,759
Speaker 5: these European designers that you know, a we know that

1020
00:47:47,800 --> 00:47:51,120
Speaker 5: they never cared about us anyway and then be you know,

1021
00:47:51,200 --> 00:47:54,120
Speaker 5: you're spending all this money. Half of the stuff doesn't

1022
00:47:54,120 --> 00:47:57,359
Speaker 5: even look that good. In my opinion, it's off the rack,

1023
00:47:57,480 --> 00:47:59,680
Speaker 5: so it doesn't even really even fit you that well.

1024
00:48:00,239 --> 00:48:02,440
Speaker 5: So it was like for us, you know, when we

1025
00:48:02,600 --> 00:48:04,920
Speaker 5: reached a certain level of success, it's like we always

1026
00:48:04,960 --> 00:48:07,600
Speaker 5: love fashion our whole lives. So instead of you know,

1027
00:48:08,280 --> 00:48:11,120
Speaker 5: buying all of these designers and giving them free promotion,

1028
00:48:12,200 --> 00:48:14,920
Speaker 5: we figured, all right, we just promote our own brand,

1029
00:48:15,000 --> 00:48:17,680
Speaker 5: but just on the next on a higher level. And

1030
00:48:17,920 --> 00:48:19,440
Speaker 5: so we teamed that we might be and we just

1031
00:48:19,520 --> 00:48:23,480
Speaker 5: got a bunch of just custom made clothes, custom made clothes,

1032
00:48:23,760 --> 00:48:27,839
Speaker 5: EYL university, EYL logos on it. And it was all

1033
00:48:27,960 --> 00:48:32,920
Speaker 5: inspired from like, you know, that nineties era of you know,

1034
00:48:33,040 --> 00:48:35,120
Speaker 5: that hustler era, that hip hop. You know, that was

1035
00:48:35,160 --> 00:48:37,040
Speaker 5: stuff that we kind of grew up in. So when

1036
00:48:37,040 --> 00:48:39,360
Speaker 5: you see us with the the law suits and the

1037
00:48:39,680 --> 00:48:43,680
Speaker 5: army fatigue jackets and different things of that nature, it's

1038
00:48:43,800 --> 00:48:48,040
Speaker 5: just kind of, you know, brings it back to the

1039
00:48:48,200 --> 00:48:51,080
Speaker 5: throwback jersey era things of that nature.

1040
00:48:51,200 --> 00:48:53,920
Speaker 3: Yeah, man, I mean we get to live through nostalgia,

1041
00:48:54,480 --> 00:48:57,120
Speaker 3: Like we watched Bad Boy in the moments, right so

1042
00:48:57,280 --> 00:48:59,880
Speaker 3: like we recreated it for this generation. But I want

1043
00:48:59,920 --> 00:49:03,080
Speaker 3: to harp on the fact that the might be situation

1044
00:49:03,480 --> 00:49:05,880
Speaker 3: because we could have went anywhere, but might be is

1045
00:49:05,920 --> 00:49:08,120
Speaker 3: a legend where we from shout out to everybody in Greenborough.

1046
00:49:08,520 --> 00:49:11,719
Speaker 3: Our Bolguard is a brand and he's from our neighborhood.

1047
00:49:11,719 --> 00:49:14,799
Speaker 3: So rather than choosing some random designer, we went back

1048
00:49:14,840 --> 00:49:18,040
Speaker 3: home and chose a dope designer from our neighborhood, a

1049
00:49:18,120 --> 00:49:21,200
Speaker 3: black owned designer, to create our clothes. And so now

1050
00:49:21,239 --> 00:49:23,880
Speaker 3: we stimulate his economy. He stimulates our economy and he

1051
00:49:23,960 --> 00:49:26,200
Speaker 3: makes us look fly. And so when we talk about

1052
00:49:26,280 --> 00:49:28,840
Speaker 3: support each other, like we really mean that, Like we

1053
00:49:28,920 --> 00:49:31,160
Speaker 3: could have went anywhere, We say, yo, were staying at home,

1054
00:49:31,640 --> 00:49:34,080
Speaker 3: and we're gonna grow this line. And now the public

1055
00:49:34,120 --> 00:49:36,160
Speaker 3: gets to see it and they're like, yo, where are

1056
00:49:36,200 --> 00:49:38,720
Speaker 3: y'all getting these clothes? And so people from the nineties

1057
00:49:38,800 --> 00:49:40,759
Speaker 3: that were in that bad Boy era know that might

1058
00:49:40,840 --> 00:49:43,600
Speaker 3: comes from from the bad Boy team, but they're like, oh,

1059
00:49:43,680 --> 00:49:46,600
Speaker 3: he's bringing that back. And so I told the goal

1060
00:49:46,719 --> 00:49:48,120
Speaker 3: is like I want puffed to be like y'all want

1061
00:49:48,160 --> 00:49:50,239
Speaker 3: one of them? Sure, I want I want that leather

1062
00:49:50,360 --> 00:49:52,279
Speaker 3: jersey that you had that you had on like that

1063
00:49:52,440 --> 00:49:55,480
Speaker 3: was my thing. I was just like, yo, that time

1064
00:49:55,560 --> 00:49:58,040
Speaker 3: era influenced me so much and I'm sure influenced you

1065
00:49:58,160 --> 00:50:00,239
Speaker 3: so much. It was like, YO, were just paying howmu

1066
00:50:00,320 --> 00:50:02,640
Speaker 3: cities guys the best way we know how on Weather's

1067
00:50:02,640 --> 00:50:06,120
Speaker 3: telling through their business stories and given information.

1068
00:50:05,840 --> 00:50:07,759
Speaker 2: But also in fashion, like you said, it's a way

1069
00:50:07,800 --> 00:50:10,160
Speaker 2: to express ourselves. So just part of us. If we're

1070
00:50:10,160 --> 00:50:12,960
Speaker 2: getting fresh on y'all. We don't mean no harm.

1071
00:50:13,680 --> 00:50:16,399
Speaker 5: Yeah, no, we changed the game. We definitely changed the game.

1072
00:50:17,280 --> 00:50:20,319
Speaker 5: And I see, you know, a switch in people making

1073
00:50:20,360 --> 00:50:22,279
Speaker 5: their own clothes and things that nature. As far as

1074
00:50:23,120 --> 00:50:25,279
Speaker 5: you know, in our space, ob people has always made

1075
00:50:25,280 --> 00:50:27,759
Speaker 5: their own clothes. But you know, in our space, you

1076
00:50:27,840 --> 00:50:31,640
Speaker 5: know people you know, moving away from buying design and clothes.

1077
00:50:31,719 --> 00:50:33,080
Speaker 2: And if you do that, that's cool.

1078
00:50:33,200 --> 00:50:35,200
Speaker 5: Yeah, everybody teaches his own. But I'm just saying, you know,

1079
00:50:35,280 --> 00:50:38,200
Speaker 5: we definitely changed the game and that and that's dope

1080
00:50:38,239 --> 00:50:41,600
Speaker 5: to see people following that trend and coming out with

1081
00:50:41,680 --> 00:50:44,840
Speaker 5: their jerseys and their varsity jackets and things of that nature.

1082
00:50:46,200 --> 00:50:48,200
Speaker 3: Yeah, and that's that's another thing too. So like when

1083
00:50:48,239 --> 00:50:50,239
Speaker 3: we talk about people copying, like we said that like

1084
00:50:50,280 --> 00:50:53,359
Speaker 3: in school was found upon business it's you. You thrive

1085
00:50:53,400 --> 00:50:55,440
Speaker 3: because you copy. And my thing is like, yeah, if

1086
00:50:55,480 --> 00:50:58,320
Speaker 3: people are going to just Jack, that's no, it's not

1087
00:50:58,440 --> 00:51:00,359
Speaker 3: cool the original right, like that point, But let's let's

1088
00:51:00,560 --> 00:51:02,960
Speaker 3: be creative and let's inspire people to do more. And

1089
00:51:03,040 --> 00:51:05,360
Speaker 3: so like we want to be inspired too, you know

1090
00:51:05,400 --> 00:51:07,000
Speaker 3: what I'm saying. So like when we do things, we

1091
00:51:07,080 --> 00:51:09,920
Speaker 3: don't do things like oh hey we're doing this for ourselves. Now,

1092
00:51:09,960 --> 00:51:12,640
Speaker 3: we're doing it to help inspire other people's visions. Right,

1093
00:51:12,760 --> 00:51:14,160
Speaker 3: So when, like I said, when you see us go

1094
00:51:14,200 --> 00:51:16,040
Speaker 3: to Nigeria, I want to see people do that. I

1095
00:51:16,120 --> 00:51:17,560
Speaker 3: want to see people go to Egypt. I want to

1096
00:51:17,560 --> 00:51:20,120
Speaker 3: see people highlighting black businesses. I want to see them

1097
00:51:20,480 --> 00:51:22,800
Speaker 3: finding black designers to work with. Like, those are the

1098
00:51:22,840 --> 00:51:24,960
Speaker 3: things that we should be copying, you know what I'm saying. So,

1099
00:51:25,120 --> 00:51:27,960
Speaker 3: like I'm cool with the if you go on Jack

1100
00:51:28,280 --> 00:51:30,839
Speaker 3: but Jack, those things strack. Those attributes that we're doing

1101
00:51:32,000 --> 00:51:32,840
Speaker 3: support everybody.

1102
00:51:33,239 --> 00:51:33,439
Speaker 1: Yeah.

1103
00:51:33,880 --> 00:51:36,800
Speaker 5: So, so as far as the business side of it,

1104
00:51:37,360 --> 00:51:39,680
Speaker 5: you know, as you said before, we got a dope

1105
00:51:39,719 --> 00:51:42,879
Speaker 5: episode on how to build a merged brand. Definitely check

1106
00:51:42,960 --> 00:51:46,600
Speaker 5: that out on our YouTube channel Spotify Apple give you

1107
00:51:46,719 --> 00:51:48,480
Speaker 5: like all the breakdowns of how to start all of

1108
00:51:48,560 --> 00:51:53,840
Speaker 5: our trials and fibulations. But you know, for us, the

1109
00:51:53,880 --> 00:51:58,200
Speaker 5: biggest thing for clothing for us is promotion, and there

1110
00:51:58,280 --> 00:52:00,320
Speaker 5: was a way to actually grow our brand early on.

1111
00:52:00,440 --> 00:52:03,840
Speaker 5: As far as it's so crazy, Assets Overliability something that

1112
00:52:03,960 --> 00:52:07,000
Speaker 5: I came up with and like how I drew it.

1113
00:52:07,120 --> 00:52:09,279
Speaker 5: I wanted it draw in a certain way, and you know,

1114
00:52:09,360 --> 00:52:12,120
Speaker 5: it was something that I just thought really just solidified

1115
00:52:12,160 --> 00:52:14,560
Speaker 5: everything that we stood for. So we would you know,

1116
00:52:14,719 --> 00:52:17,160
Speaker 5: put it on merch t shirts and then that grew

1117
00:52:17,239 --> 00:52:19,719
Speaker 5: into hoodies and that grew into you know, now we

1118
00:52:19,840 --> 00:52:23,040
Speaker 5: have a show revoc or Assets over Liabilities. So now

1119
00:52:23,080 --> 00:52:26,000
Speaker 5: it's become just synonymous with us. So this is why,

1120
00:52:26,200 --> 00:52:29,880
Speaker 5: you know, branding yourself outside of just one thing is

1121
00:52:30,000 --> 00:52:32,560
Speaker 5: very big because now we don't have to say, earn

1122
00:52:32,600 --> 00:52:36,320
Speaker 5: your leads on every single thing, you know, Assets over liabilities.

1123
00:52:36,480 --> 00:52:38,879
Speaker 5: Sometimes people will call us. I have heard people call

1124
00:52:39,000 --> 00:52:41,880
Speaker 5: us assets over liabilities. I think ROSS called like a

1125
00:52:41,960 --> 00:52:45,880
Speaker 5: few people. Yeah, like people they they've it's become so

1126
00:52:46,080 --> 00:52:50,040
Speaker 5: synonymous that people actually that's another name for us at

1127
00:52:50,080 --> 00:52:51,680
Speaker 5: this point, it's assets over liabilities.

1128
00:52:51,800 --> 00:52:54,360
Speaker 2: It's a conversation starting too, yeah, for.

1129
00:52:54,360 --> 00:52:57,440
Speaker 5: Sure, but it's definitely It's definitely a conversation started. E

1130
00:52:57,719 --> 00:53:02,840
Speaker 5: y L another one when people see us now it's Eyl.

1131
00:53:03,280 --> 00:53:06,200
Speaker 5: We probably get Eyl more than earn Alesia and Eyl

1132
00:53:06,360 --> 00:53:08,440
Speaker 5: is something that you know, once again going back to

1133
00:53:08,480 --> 00:53:10,839
Speaker 5: the fashion you see like the yssel and you see

1134
00:53:10,840 --> 00:53:13,280
Speaker 5: a lot of the fashion houses they have three letters

1135
00:53:13,480 --> 00:53:15,759
Speaker 5: as the you know, acronym. So being that we have

1136
00:53:15,880 --> 00:53:19,200
Speaker 5: early alisia, eyl just sounds really cool. So eyl. So

1137
00:53:19,360 --> 00:53:20,920
Speaker 5: you know, if you was at invest Fashal, so I

1138
00:53:21,000 --> 00:53:23,520
Speaker 5: had the Eyo soccer jersey, the EYL card against what

1139
00:53:23,640 --> 00:53:25,480
Speaker 5: the different things in that a lot of stuff is

1140
00:53:25,480 --> 00:53:26,880
Speaker 5: branded with EYL And then.

1141
00:53:26,840 --> 00:53:29,440
Speaker 3: What's going on earnest Look at twenty six, I made

1142
00:53:29,480 --> 00:53:31,359
Speaker 3: one of the most important decisions of my life.

1143
00:53:31,600 --> 00:53:32,040
Speaker 2: That's right.

1144
00:53:32,320 --> 00:53:34,560
Speaker 3: I didn't have family at the time, but I did

1145
00:53:34,680 --> 00:53:37,160
Speaker 3: have a life insurance policy. A wise man told me

1146
00:53:37,280 --> 00:53:40,000
Speaker 3: life insurance isn't about the people who die, It's about

1147
00:53:40,040 --> 00:53:42,040
Speaker 3: the people who live. It's one of the best ways

1148
00:53:42,080 --> 00:53:45,840
Speaker 3: to secure generational wealth for your family's future. And it

1149
00:53:45,920 --> 00:53:49,320
Speaker 3: makes perfect sense why people get life insurance, especially term coverage,

1150
00:53:49,320 --> 00:53:52,640
Speaker 3: which surprisingly is affordable. Why not pay a little bit

1151
00:53:52,760 --> 00:53:55,080
Speaker 3: each month to secure the future of the people you

1152
00:53:55,239 --> 00:53:58,640
Speaker 3: love long term. If you're asking yourself that question, I

1153
00:53:58,719 --> 00:54:01,400
Speaker 3: want you to check out Ladder. Ladder makes it impressively

1154
00:54:01,560 --> 00:54:03,880
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1155
00:54:03,920 --> 00:54:06,320
Speaker 3: few minutes in a phone or a laptop to apply.

1156
00:54:06,880 --> 00:54:10,279
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1157
00:54:10,320 --> 00:54:12,920
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1158
00:54:13,040 --> 00:54:16,640
Speaker 3: cancel any time. And since life insurance costs more as

1159
00:54:16,719 --> 00:54:19,279
Speaker 3: you age, now is the time to get started. So

1160
00:54:19,440 --> 00:54:21,880
Speaker 3: check out Ladder to day to see if you're instantly approved.

1161
00:54:21,920 --> 00:54:25,560
Speaker 3: Go to Ladder life dot com slash e y l

1162
00:54:25,800 --> 00:54:29,839
Speaker 3: that's l A d D e er life dot com

1163
00:54:30,160 --> 00:54:33,360
Speaker 3: slash e y l that's latter life dot com slash

1164
00:54:33,440 --> 00:54:36,080
Speaker 3: ey l. You know how this works. Don't wait, don't hesitate.

1165
00:54:36,200 --> 00:54:38,280
Speaker 3: Secure your family's future right now.

1166
00:54:39,400 --> 00:54:39,560
Speaker 2: You know.

1167
00:54:39,760 --> 00:54:43,759
Speaker 5: Being at we have ear Lesia University, which is EYL University,

1168
00:54:44,719 --> 00:54:48,240
Speaker 5: you know, which is ten thousand members and the fastest

1169
00:54:48,320 --> 00:54:52,120
Speaker 5: growing you know community for entrepreneurs, investors and people interested

1170
00:54:52,160 --> 00:54:55,160
Speaker 5: in businesses like how can we amplify EYL University And

1171
00:54:55,239 --> 00:54:57,640
Speaker 5: we can do that through merch also, so now we

1172
00:54:57,800 --> 00:54:59,920
Speaker 5: have you know when you see us with the athletic

1173
00:55:00,160 --> 00:55:03,520
Speaker 5: where where you know, it's like the the law suits

1174
00:55:03,600 --> 00:55:06,520
Speaker 5: and the and the sergiyal to ten type of you know,

1175
00:55:06,760 --> 00:55:10,640
Speaker 5: inspired stuff that all has Eyo University patches on it.

1176
00:55:11,080 --> 00:55:14,560
Speaker 5: So now the Eyo University patch is getting amplified through

1177
00:55:14,560 --> 00:55:18,560
Speaker 5: the merch also, So now we're promoting Earn Leisia University

1178
00:55:19,560 --> 00:55:22,640
Speaker 5: through the merchandise that we're wearing. So now it's just

1179
00:55:22,719 --> 00:55:25,160
Speaker 5: a bunch of cross promotion that's happening. It's just a

1180
00:55:25,200 --> 00:55:30,759
Speaker 5: bunch of just brand exposure, brand recognition, and what we

1181
00:55:31,040 --> 00:55:34,200
Speaker 5: what we're doing now is just creating the demand because

1182
00:55:34,280 --> 00:55:37,160
Speaker 5: none of these are available, right, so it's like it's

1183
00:55:37,200 --> 00:55:39,440
Speaker 5: not even like a limited supply, it is none. It's

1184
00:55:39,600 --> 00:55:42,160
Speaker 5: really one of one because it's all customed. So you know,

1185
00:55:42,280 --> 00:55:45,040
Speaker 5: we that it was a strategic marketing plan as well,

1186
00:55:45,400 --> 00:55:48,719
Speaker 5: because everyone just kind of beta test the situation see

1187
00:55:48,719 --> 00:55:51,360
Speaker 5: how people will react to it, but then also build

1188
00:55:51,480 --> 00:55:53,040
Speaker 5: up the bus. Right. It's the same thing with the

1189
00:55:53,160 --> 00:55:55,040
Speaker 5: NFT world where you know, you see people do n

1190
00:55:55,120 --> 00:55:56,759
Speaker 5: f t s and the people that really get the

1191
00:55:56,880 --> 00:56:01,040
Speaker 5: NFTs done correctly, they build out they scored groups first

1192
00:56:01,520 --> 00:56:03,759
Speaker 5: and they provide the information that's like what Gary v

1193
00:56:03,840 --> 00:56:06,360
Speaker 5: did you buil out the discord group? Provide the information,

1194
00:56:06,560 --> 00:56:10,279
Speaker 5: get people in the group, get people enthusiastic about it,

1195
00:56:10,680 --> 00:56:12,799
Speaker 5: and then you provide. You don't just drop the NFT.

1196
00:56:13,280 --> 00:56:15,360
Speaker 5: So it's like for us, you know, taking pictures and

1197
00:56:15,760 --> 00:56:19,319
Speaker 5: doing content and showing the merch and you know it's

1198
00:56:19,400 --> 00:56:21,520
Speaker 5: not just done in dvantage.

1199
00:56:21,560 --> 00:56:23,479
Speaker 3: Yeah, people thought like they're like, O, Troy, you became

1200
00:56:23,480 --> 00:56:26,200
Speaker 3: an Instagram model. I'm like, nah, man, there's a vision

1201
00:56:26,280 --> 00:56:28,160
Speaker 3: behind this, and I think shout out to Loon he

1202
00:56:28,480 --> 00:56:30,719
Speaker 3: had interviewed this other day on Man Lou Blanda. It

1203
00:56:30,800 --> 00:56:33,080
Speaker 3: was just like, yo, y'all do things soeverlessly and it's

1204
00:56:33,120 --> 00:56:34,960
Speaker 3: not over the top of your face that you don't

1205
00:56:34,960 --> 00:56:37,320
Speaker 3: even know what's happening, And so people kind of expect it,

1206
00:56:37,360 --> 00:56:38,840
Speaker 3: like when they see us, they expect us to be

1207
00:56:38,920 --> 00:56:41,960
Speaker 3: wearing our merch, right, but it's free promotion, right, just

1208
00:56:42,160 --> 00:56:44,320
Speaker 3: like when we put the sign on the eighteen wheeler.

1209
00:56:44,760 --> 00:56:46,560
Speaker 3: It's not in your face, but it's like, yo, that's

1210
00:56:46,560 --> 00:56:49,200
Speaker 3: free promotion because we know that somebody's watching the most

1211
00:56:49,200 --> 00:56:51,960
Speaker 3: important things that when people see you, they want to

1212
00:56:52,000 --> 00:56:53,440
Speaker 3: know what you have on and if you have a

1213
00:56:53,560 --> 00:56:56,200
Speaker 3: message and if you stand for something on what you're wearing,

1214
00:56:56,600 --> 00:56:57,960
Speaker 3: they're going to be attracted to you. I don't know

1215
00:56:58,040 --> 00:56:59,920
Speaker 3: how many people who didn't know who earn your leisure was,

1216
00:57:00,080 --> 00:57:01,800
Speaker 3: but they read assets or liabilities. And we have to

1217
00:57:01,840 --> 00:57:04,520
Speaker 3: have a conversation every time we go out. If they

1218
00:57:04,520 --> 00:57:07,200
Speaker 3: don't know leisure is, I mean, they're like, yo, what

1219
00:57:07,320 --> 00:57:10,080
Speaker 3: is as Oh wow, now it's a conversation. Now we've

1220
00:57:10,440 --> 00:57:13,080
Speaker 3: got one more viewer or one more listener that used

1221
00:57:13,080 --> 00:57:13,720
Speaker 3: to be our gomember.

1222
00:57:13,760 --> 00:57:16,360
Speaker 2: That just one more listener today, one more than we

1223
00:57:16,440 --> 00:57:17,040
Speaker 2: had yesterday.

1224
00:57:17,080 --> 00:57:19,520
Speaker 3: And so that's the way of not being over the

1225
00:57:19,560 --> 00:57:20,919
Speaker 3: top in your face, Like we don't have to say

1226
00:57:20,960 --> 00:57:22,400
Speaker 3: go by, go by, go by go by.

1227
00:57:23,000 --> 00:57:25,360
Speaker 2: People like what we wear. They want to support the vision,

1228
00:57:25,400 --> 00:57:26,200
Speaker 2: to support the mission.

1229
00:57:26,240 --> 00:57:27,880
Speaker 3: They wear because they feel like they're part of it.

1230
00:57:28,320 --> 00:57:31,080
Speaker 3: And that's the key to when we grow community. Everybody

1231
00:57:31,120 --> 00:57:32,680
Speaker 3: feels like they're part of it. So all our earners

1232
00:57:32,720 --> 00:57:34,480
Speaker 3: when they have it on, they feel proud because they

1233
00:57:34,560 --> 00:57:36,720
Speaker 3: know that what we stand for and if they have

1234
00:57:36,800 --> 00:57:38,080
Speaker 3: it on, they stand there for the same thing.

1235
00:57:38,920 --> 00:57:41,000
Speaker 5: So yeah, yeah, so you know, I say, I have

1236
00:57:41,080 --> 00:57:47,000
Speaker 5: to say we're building the buzz. Probably springtime we'll start

1237
00:57:47,040 --> 00:57:52,960
Speaker 5: we'll start releasing those limited addition pieces and who knows,

1238
00:57:53,040 --> 00:57:54,880
Speaker 5: we might even have some other stuff attached to it.

1239
00:57:54,960 --> 00:57:56,920
Speaker 5: But you know you're going to be able to see

1240
00:57:56,960 --> 00:58:00,720
Speaker 5: that the transition from and that's the thing we are too.

1241
00:58:00,760 --> 00:58:02,280
Speaker 5: You get to see us happen in real time. So

1242
00:58:02,680 --> 00:58:06,160
Speaker 5: starting off with T shirts actually like pressing T shirts ourselves,

1243
00:58:06,720 --> 00:58:10,120
Speaker 5: actually even before that will print Fall will print Fall design,

1244
00:58:10,200 --> 00:58:13,120
Speaker 5: and then actually pressing the T shirts and then having

1245
00:58:13,160 --> 00:58:16,920
Speaker 5: it shipped overseas and you know, sweaters, T shirts, hoodies

1246
00:58:17,400 --> 00:58:19,920
Speaker 5: to now you're going to see the manifestation of a

1247
00:58:20,000 --> 00:58:24,040
Speaker 5: full fledged fashion house. Who knows, we might even debut

1248
00:58:24,040 --> 00:58:26,360
Speaker 5: with at New York Fashion Week, who knows. But you're

1249
00:58:26,400 --> 00:58:29,360
Speaker 5: want to see a full fledged fashion house, you know

1250
00:58:29,360 --> 00:58:30,760
Speaker 5: what I'm saying. You're going to see a full fledged

1251
00:58:30,800 --> 00:58:36,760
Speaker 5: fashion house with high level designs inspired with different you know, inspirations.

1252
00:58:37,280 --> 00:58:39,880
Speaker 5: Like I said, we might even do a fashion show.

1253
00:58:40,520 --> 00:58:42,880
Speaker 5: And you know, for us, it's all about just pushing

1254
00:58:42,920 --> 00:58:44,960
Speaker 5: the limits and doing things that nobody would have ever

1255
00:58:45,000 --> 00:58:47,480
Speaker 5: thought would be possible in the realm of financial literacy.

1256
00:58:47,520 --> 00:58:50,000
Speaker 5: You think about financial literacy, nobody thought that you know

1257
00:58:50,280 --> 00:58:53,400
Speaker 5: Art Basle that you know, one of the dopest activations

1258
00:58:53,400 --> 00:58:55,880
Speaker 5: in the last couple of years would be a financial

1259
00:58:55,960 --> 00:58:58,560
Speaker 5: literacy you know activation, but that's what we was able

1260
00:58:58,600 --> 00:59:00,320
Speaker 5: to do. Shout to the United Massis and out to

1261
00:59:00,320 --> 00:59:02,360
Speaker 5: the Ally. You know that we had you know, one

1262
00:59:02,400 --> 00:59:04,680
Speaker 5: of the dopest activations in our bosom and that was

1263
00:59:04,680 --> 00:59:07,840
Speaker 5: a financial literacy based and nobody thought that that was possible.

1264
00:59:07,920 --> 00:59:09,560
Speaker 5: Like you know what I mean, nobody thought that invests

1265
00:59:09,600 --> 00:59:12,560
Speaker 5: festival in a financial festival planned in six weeks, have

1266
00:59:12,800 --> 00:59:15,520
Speaker 5: over forty five hundred people, you know, come out over

1267
00:59:15,560 --> 00:59:18,080
Speaker 5: the course of three days and shut down the city

1268
00:59:18,120 --> 00:59:20,320
Speaker 5: of Atlanta, Like, you know, that's not something nobody thought that.

1269
00:59:20,880 --> 00:59:23,760
Speaker 5: You know, financial literacy can sell out the Apollo. Yeah,

1270
00:59:23,920 --> 00:59:25,440
Speaker 5: shout out to Mark and Monday, Shout out to the

1271
00:59:25,520 --> 00:59:27,840
Speaker 5: end shot everybody that was there. So you know, for us,

1272
00:59:27,880 --> 00:59:29,760
Speaker 5: it's just about having fun. And I feel like, you know,

1273
00:59:30,120 --> 00:59:32,200
Speaker 5: the great thing is that whether it's going to Egypt,

1274
00:59:32,320 --> 00:59:36,600
Speaker 5: Nigeria and Jamaica, everything that we do is groundbreaking because

1275
00:59:36,600 --> 00:59:38,840
Speaker 5: it's never been done before fact. And you know, that's

1276
00:59:38,880 --> 00:59:40,680
Speaker 5: one of the good things with being trailblazers that you

1277
00:59:40,760 --> 00:59:43,360
Speaker 5: really can't lose. You can't lose because there's no bar

1278
00:59:43,440 --> 00:59:46,480
Speaker 5: to set. We set the bar. So you know, now

1279
00:59:46,560 --> 00:59:49,120
Speaker 5: there's a reference point to say, okay, this is a

1280
00:59:49,240 --> 00:59:52,240
Speaker 5: successful event in art Basu. But before that, there's no

1281
00:59:52,400 --> 00:59:54,840
Speaker 5: reference point for that. Like, you know, we're the first people.

1282
00:59:54,680 --> 00:59:57,200
Speaker 2: To do that. You seld what said, you leave long enough,

1283
00:59:57,240 --> 00:59:57,960
Speaker 2: you become the leaders.

1284
00:59:58,080 --> 01:00:00,680
Speaker 5: That's a fact. So I say that to say the

1285
01:00:00,760 --> 01:00:02,840
Speaker 5: same thing we're doing with fashion, same thing. You know,

1286
01:00:04,000 --> 01:00:06,040
Speaker 5: you know it's going to be dope, and you know

1287
01:00:06,120 --> 01:00:09,320
Speaker 5: we're gonna you know, make mistakes like everybody, but you know,

1288
01:00:10,080 --> 01:00:13,560
Speaker 5: it's exciting that we're taking the next step in our

1289
01:00:14,400 --> 01:00:20,280
Speaker 5: fashion brand, building out another company. And uh yeah, the house,

1290
01:00:20,400 --> 01:00:21,800
Speaker 5: the House of eu y L, That's what I.

1291
01:00:21,800 --> 01:00:23,720
Speaker 2: Was gonna say. We got we got a new meaning

1292
01:00:23,800 --> 01:00:25,360
Speaker 2: to the e y L House, like they got the

1293
01:00:25,480 --> 01:00:26,400
Speaker 2: House of Gucci.

1294
01:00:26,720 --> 01:00:30,080
Speaker 5: The house of the House of Eyl like that lot.

1295
01:00:30,280 --> 01:00:32,840
Speaker 5: There you have it, ladies and gentlemen. You know, we

1296
01:00:32,920 --> 01:00:36,160
Speaker 5: really appreciate your support. Twenty twenty one has been a

1297
01:00:36,360 --> 01:00:39,040
Speaker 5: hell of a year. It's been an amazing groundbreaking year.

1298
01:00:40,360 --> 01:00:43,400
Speaker 5: You know, we did so much from investmentest to our

1299
01:00:43,600 --> 01:00:45,360
Speaker 5: Basu to the Apollo.

1300
01:00:45,480 --> 01:00:47,560
Speaker 3: We got stuff on the top of the first We

1301
01:00:47,640 --> 01:00:50,400
Speaker 3: kicked off the year with the legendary and final episode.

1302
01:00:51,240 --> 01:00:52,840
Speaker 2: Let's shout out to my boy Marcus Barney.

1303
01:00:52,920 --> 01:00:56,360
Speaker 5: Yes, we went to Breakfast Club, Bro Breakfast Club in February.

1304
01:00:56,600 --> 01:00:58,160
Speaker 3: Was in the break Like people were like, Yo, remember

1305
01:00:58,160 --> 01:00:59,720
Speaker 3: when I was on there a couple of years ago, Like, nah,

1306
01:00:59,720 --> 01:01:02,800
Speaker 3: that was that was February. They're like what, I'm like, Yeah,

1307
01:01:02,840 --> 01:01:05,360
Speaker 3: that was February. They feel like so long ago for

1308
01:01:05,520 --> 01:01:09,200
Speaker 3: like that. I mean, we did that Rick Ross interview

1309
01:01:09,440 --> 01:01:12,680
Speaker 3: in April. You know, we did the Shock interviewing Jie.

1310
01:01:12,680 --> 01:01:14,120
Speaker 3: There's so much that happened this year.

1311
01:01:14,200 --> 01:01:14,280
Speaker 5: Bro.

1312
01:01:14,840 --> 01:01:16,200
Speaker 2: Mark Cuban came right after that.

1313
01:01:16,240 --> 01:01:19,000
Speaker 5: Mark Mark was right after him found It, launched the

1314
01:01:19,040 --> 01:01:23,320
Speaker 5: show with Revolt. Did invest Fest, went to Africa, went

1315
01:01:23,320 --> 01:01:31,520
Speaker 5: to Jamaica, did the Apollo just did Oakland in Oakland, Oakland, California.

1316
01:01:31,680 --> 01:01:33,640
Speaker 5: Stay tuned for Home by expob We're gonna be taking

1317
01:01:33,640 --> 01:01:35,720
Speaker 5: out on the road. We've been taking market mondays on

1318
01:01:35,800 --> 01:01:38,000
Speaker 5: the road. Invest Fast. You can sign up, you get

1319
01:01:38,040 --> 01:01:40,160
Speaker 5: your tickets now. Invest Fest twenty twenty two is gonna

1320
01:01:40,160 --> 01:01:45,560
Speaker 5: be huge, more international trips, more international you know, content

1321
01:01:45,760 --> 01:01:46,280
Speaker 5: on the way.

1322
01:01:48,240 --> 01:01:51,520
Speaker 3: University, don't feel about that. University ten different club, fifteen

1323
01:01:51,520 --> 01:01:53,680
Speaker 3: different clubs. Shout out to everybody university.

1324
01:01:54,640 --> 01:01:58,520
Speaker 5: It's amazing, it's amazing, it's crazy, bro. So it's been

1325
01:01:58,560 --> 01:02:01,000
Speaker 5: a hell of a ride. And you know, you know,

1326
01:02:01,240 --> 01:02:03,760
Speaker 5: it's definitely powered by the people. So we don't take

1327
01:02:03,800 --> 01:02:06,440
Speaker 5: it to your support for granted, we appreciate you guys,

1328
01:02:06,560 --> 01:02:08,120
Speaker 5: and uh, you know, it's really just dope.

1329
01:02:08,120 --> 01:02:08,240
Speaker 2: Man.

1330
01:02:08,240 --> 01:02:10,760
Speaker 5: If you get a chance to check out where we started,

1331
01:02:10,800 --> 01:02:13,160
Speaker 5: I think it will serve some inspiration. A lot of

1332
01:02:13,160 --> 01:02:14,600
Speaker 5: you have been with us from the beginning, but some

1333
01:02:14,680 --> 01:02:16,160
Speaker 5: of you haven't, so you might not.

1334
01:02:16,640 --> 01:02:19,440
Speaker 2: I thought about doing the Green World, Yeah, thought about it.

1335
01:02:19,520 --> 01:02:20,200
Speaker 2: I thought about it.

1336
01:02:22,440 --> 01:02:24,800
Speaker 5: It might not be familiar with everything that we you know,

1337
01:02:24,880 --> 01:02:27,720
Speaker 5: we did, but you know, we started from very very

1338
01:02:28,240 --> 01:02:33,440
Speaker 5: minimal circumstances, a couple of iPhones and shotgun microphones, and

1339
01:02:34,400 --> 01:02:37,240
Speaker 5: you know, went all over the world. They can't forget

1340
01:02:37,280 --> 01:02:40,960
Speaker 5: the the Billboard and Times Square. The world is yours.

1341
01:02:41,560 --> 01:02:44,640
Speaker 5: So it's been, it's been. It's been a great year.

1342
01:02:44,760 --> 01:02:50,640
Speaker 5: It's been a great year. But twenty twenty two, bigger, bigger,

1343
01:02:50,840 --> 01:02:53,600
Speaker 5: that's it already, that's it. We got plans. We got

1344
01:02:53,680 --> 01:02:58,960
Speaker 5: plans to go bigger, bigger and better. Much success to everybody,

1345
01:03:00,120 --> 01:03:03,479
Speaker 5: execute get as much money as you possibly can. Hope

1346
01:03:03,520 --> 01:03:07,640
Speaker 5: that we provide as much value as possible. Keep spreading

1347
01:03:07,680 --> 01:03:09,880
Speaker 5: the word and yeah, thank you.

1348
01:03:10,040 --> 01:03:12,120
Speaker 3: We're gonna keep doing our part. Everybody has a role

1349
01:03:12,160 --> 01:03:15,400
Speaker 3: to play in this. This this space is revolution, don't forget. Yeah,

1350
01:03:15,440 --> 01:03:17,400
Speaker 3: we didn't even say about the tet talk killed. The

1351
01:03:17,480 --> 01:03:20,480
Speaker 3: te to ted Talk was this year and we said

1352
01:03:20,920 --> 01:03:22,960
Speaker 3: it's a revolution. It's going to be monetized and it's

1353
01:03:22,960 --> 01:03:27,520
Speaker 3: going to be uh televised, And so that's happening. And

1354
01:03:27,600 --> 01:03:29,680
Speaker 3: y'all been with it us since the beginning of it.

1355
01:03:29,760 --> 01:03:32,040
Speaker 3: A lot of y'all, so you can just imagine where

1356
01:03:32,040 --> 01:03:33,640
Speaker 3: we had it. Man, it's going to be incredible. And

1357
01:03:34,000 --> 01:03:36,800
Speaker 3: I can't thank y'all enough. Y'all been running the numbers

1358
01:03:36,880 --> 01:03:39,880
Speaker 3: up for us. Y'all been champion us. Every time we meet.

1359
01:03:39,760 --> 01:03:41,320
Speaker 5: Somebody hit number one on the podcast.

1360
01:03:41,400 --> 01:03:42,840
Speaker 2: The fact we was number one of the signs right here.

1361
01:03:42,920 --> 01:03:43,920
Speaker 5: That was a thing for us.

1362
01:03:44,120 --> 01:03:45,320
Speaker 2: Every time we meet people, it's like.

1363
01:03:45,360 --> 01:03:48,920
Speaker 3: Y'all, I tell everybody about y'all and I appreciate that

1364
01:03:49,240 --> 01:03:52,040
Speaker 3: whole hardly. Like seriously, our number one thing was like

1365
01:03:52,120 --> 01:03:53,760
Speaker 3: tele a friend, the tele a friend, and y'all have

1366
01:03:53,840 --> 01:03:57,560
Speaker 3: been doing that at a tremendous, tremendous space, and our

1367
01:03:57,640 --> 01:04:02,080
Speaker 3: growth is a direct sign of that. So we appreciate y'all.

1368
01:04:02,160 --> 01:04:05,280
Speaker 3: Twenty twenty one has been incredible. Twenty twenty two is

1369
01:04:05,360 --> 01:04:07,640
Speaker 3: gonna be even better. It's going to be even bigger.

1370
01:04:07,680 --> 01:04:09,680
Speaker 3: It's going to be even greater. It's called more wins,

1371
01:04:10,400 --> 01:04:13,840
Speaker 3: more wins, more victories, more learning, more growing, more teaching,

1372
01:04:14,040 --> 01:04:14,760
Speaker 3: more executing.

1373
01:04:14,840 --> 01:04:16,720
Speaker 2: Let's do all those things, y'all. Love is love.

1374
01:04:17,040 --> 01:04:17,240
Speaker 1: Yeah.

1375
01:04:17,520 --> 01:04:21,200
Speaker 5: And also before we leave, last last bit of thing thing,

1376
01:04:21,320 --> 01:04:24,400
Speaker 5: all of our support staff that you know always holds

1377
01:04:24,440 --> 01:04:28,520
Speaker 5: us down. Our partner Mike Abdullah, who was you know,

1378
01:04:28,720 --> 01:04:32,440
Speaker 5: a sensational young man. He's our manager and does so

1379
01:04:32,600 --> 01:04:34,720
Speaker 5: much for us. Shout out to a doula, shout out

1380
01:04:34,720 --> 01:04:38,120
Speaker 5: to Ben who's been running our merch. Shout out to Smitty,

1381
01:04:38,160 --> 01:04:41,200
Speaker 5: always hold us down in Atlanta. Shout out to my sister,

1382
01:04:41,360 --> 01:04:43,960
Speaker 5: always holds me down. Shout out to Danielle, always holds

1383
01:04:44,200 --> 01:04:48,880
Speaker 5: everybody down. Shout out to Rich glad to see you

1384
01:04:48,960 --> 01:04:52,320
Speaker 5: back on your feet, brother, Shout out to Janet, Shout

1385
01:04:52,320 --> 01:04:55,800
Speaker 5: out to MG the mortgage guy. Shout out to Ian

1386
01:04:55,880 --> 01:04:59,960
Speaker 5: Mark and Monday's that's been a you know phenomena, cultural phenomena.

1387
01:05:00,040 --> 01:05:02,640
Speaker 5: Shout out to everybody on EYO Network. Shout out to

1388
01:05:02,720 --> 01:05:04,840
Speaker 5: ash Cash and started to vote. Shout out to Keanu

1389
01:05:04,880 --> 01:05:07,480
Speaker 5: Watson and MG the mortgage guy with rants and gyms.

1390
01:05:08,200 --> 01:05:12,760
Speaker 5: Shout out to In a Wealth podcast Man Dave mccullor,

1391
01:05:13,800 --> 01:05:17,120
Speaker 5: and we got some more podcasts coming from euy network

1392
01:05:17,280 --> 01:05:19,120
Speaker 5: two to get a chance about EYO Network.

1393
01:05:21,600 --> 01:05:21,800
Speaker 1: Man.

1394
01:05:22,760 --> 01:05:26,439
Speaker 5: Shout out to United Masters, Shout out to Ally, Shout

1395
01:05:26,440 --> 01:05:29,000
Speaker 5: out to Chase, Shout out to you know, the Black

1396
01:05:29,080 --> 01:05:33,320
Speaker 5: Effect Network. Shout out to Charlamagne of God, who's been

1397
01:05:33,600 --> 01:05:36,080
Speaker 5: He's been tremendous. Shout to Revolt Family.

1398
01:05:37,120 --> 01:05:39,280
Speaker 2: Shout to cast Nation team, Shout.

1399
01:05:39,040 --> 01:05:42,000
Speaker 5: Out to Dream Nation and Casting over Brooks Yea.

1400
01:05:43,200 --> 01:05:45,440
Speaker 3: And shout you know, we got a shout Shout out

1401
01:05:45,440 --> 01:05:48,000
Speaker 3: to all the guests man, Shout out to everybody.

1402
01:05:47,720 --> 01:05:49,960
Speaker 5: That shout to all the alum.

1403
01:05:50,120 --> 01:05:53,320
Speaker 3: Yeah, the twenty twenty one class is kind of crazy.

1404
01:05:53,840 --> 01:05:56,760
Speaker 3: Shout out to every one of y'all for uh stepping

1405
01:05:56,800 --> 01:06:00,360
Speaker 3: up to the plate and delivering a powerful message in

1406
01:06:00,520 --> 01:06:04,120
Speaker 3: your respective feels. Everybody did an incredible job. I mean,

1407
01:06:05,240 --> 01:06:07,680
Speaker 3: I've seen businesses grow to a level that I'm sure

1408
01:06:07,720 --> 01:06:09,760
Speaker 3: that they never thought but that's the power of EYL.

1409
01:06:10,000 --> 01:06:12,120
Speaker 3: That's kind of what we do and we take great

1410
01:06:12,160 --> 01:06:14,800
Speaker 3: pride in it, and we love watching the growth of

1411
01:06:14,920 --> 01:06:17,360
Speaker 3: some of these businesses that you know, nobody knew before

1412
01:06:17,840 --> 01:06:20,360
Speaker 3: but they definitely know now. So shout out to the

1413
01:06:20,480 --> 01:06:25,200
Speaker 3: twenty twenty one class at EYL. Y'all are incredible. Yall incredible.

1414
01:06:25,600 --> 01:06:28,800
Speaker 5: Yeah, do you have it, Ladies and gentlemen. Love is love.

1415
01:06:28,960 --> 01:06:31,640
Speaker 5: We appreciate y'all. We'll see you next year.

1416
01:06:34,640 --> 01:06:36,920
Speaker 2: That's when you say peace, man, peace, peace.

1417
01:06:39,240 --> 01:06:44,000
Speaker 4: My graduates from my school being forced back drop bag

1418
01:06:44,200 --> 01:06:47,480
Speaker 4: drop Mike, drop back, drop drop.

1419
01:06:58,000 --> 01:07:01,600
Speaker 7: An illegal alien from Guatemala charged with raping a child

1420
01:07:01,680 --> 01:07:05,480
Speaker 7: in Massachusetts. An MS thirteen gang member from Al Salvador

1421
01:07:05,720 --> 01:07:09,840
Speaker 7: accused of murdering a Texas man of Venezuelan charged with

1422
01:07:09,920 --> 01:07:13,800
Speaker 7: filming and selling child pornography in Michigan. These are just

1423
01:07:13,920 --> 01:07:17,640
Speaker 7: some of the heinous migrant criminals caught because of President

1424
01:07:17,720 --> 01:07:21,240
Speaker 7: Donald J. Trump's leadership. I'm Christy nom the United States

1425
01:07:21,320 --> 01:07:26,080
Speaker 7: Secretary of Homeland Security. Under President Trump, attempted illegal border

1426
01:07:26,160 --> 01:07:29,640
Speaker 7: crossings are at the lowest levels ever recorded, and over

1427
01:07:29,760 --> 01:07:32,920
Speaker 7: one hundred thousand illegal aliens have been arrested If you

1428
01:07:33,040 --> 01:07:36,840
Speaker 7: are here illegally, your next you will be fined nearly

1429
01:07:37,000 --> 01:07:40,920
Speaker 7: one thousand dollars a day, imprisoned, and deported. You will

1430
01:07:41,040 --> 01:07:44,680
Speaker 7: never return. But if you register using our CBP home

1431
01:07:44,720 --> 01:07:48,080
Speaker 7: app and leave now, you could be allowed to return legally.

1432
01:07:48,480 --> 01:07:53,120
Speaker 7: Do what's right. Leave now. Under President Trump America's laws,

1433
01:07:53,400 --> 01:07:55,800
Speaker 7: border and families will be protected.

1434
01:07:55,920 --> 01:07:58,040
Speaker 2: Sponsored by the United States Department of Homeland Security,