1 00:00:03,400 --> 00:00:05,440 Speaker 1: What's up, way up with Angela. Yee. 2 00:00:05,680 --> 00:00:07,720 Speaker 2: This is exciting for me. On this Wealth Wednesday, I 3 00:00:07,720 --> 00:00:09,160 Speaker 2: got my girl Stacy Tisdale here. 4 00:00:09,320 --> 00:00:13,080 Speaker 3: Happy Wealth Wednesdays everybody, and we are so excited. We 5 00:00:13,119 --> 00:00:15,920 Speaker 3: are going to talk shopping, we are going to talk uplifting, 6 00:00:15,960 --> 00:00:20,079 Speaker 3: we are going to talk everything because we have city diversity, everything. 7 00:00:20,120 --> 00:00:24,439 Speaker 3: We have Candy Carter with us today. Hello, Hello, Thank 8 00:00:24,480 --> 00:00:26,439 Speaker 3: you so much for being here. Candy is a former 9 00:00:26,760 --> 00:00:32,120 Speaker 3: major television executive Emmy Award winning multiple Emmy Award winning. 10 00:00:32,159 --> 00:00:34,040 Speaker 3: She was the senior producer of a show you might 11 00:00:34,120 --> 00:00:37,120 Speaker 3: have heard of called The Oprah Winfrey Show. She was 12 00:00:37,280 --> 00:00:41,839 Speaker 3: executive producer of the View. She was executive producer of 13 00:00:41,920 --> 00:00:45,120 Speaker 3: The tamer and Hall Show. And then she said, stop, 14 00:00:46,120 --> 00:00:49,160 Speaker 3: I am going into e commerce. What happened girl? 15 00:00:49,560 --> 00:00:49,879 Speaker 4: I know? 16 00:00:50,080 --> 00:00:50,280 Speaker 3: Right? 17 00:00:50,360 --> 00:00:51,680 Speaker 4: Hi, thank you for having me. 18 00:00:52,240 --> 00:00:52,920 Speaker 1: It's a pleasure. 19 00:00:53,040 --> 00:00:53,840 Speaker 4: I'm a huge fan. 20 00:00:53,920 --> 00:00:55,840 Speaker 5: I've listened to you for years and years and years, 21 00:00:55,840 --> 00:00:57,800 Speaker 5: and let me just say, from one sisten to another, 22 00:00:57,880 --> 00:01:00,000 Speaker 5: I'm so happy to see you having your own platform. 23 00:01:00,040 --> 00:01:02,080 Speaker 1: I'm hallelujah. Thank you. That is good. 24 00:01:02,240 --> 00:01:03,279 Speaker 4: I absolutely love it. 25 00:01:03,360 --> 00:01:06,200 Speaker 5: So as you said, I was an executive producer of 26 00:01:06,240 --> 00:01:09,040 Speaker 5: the View, in Tameran. While I was there, I was 27 00:01:09,080 --> 00:01:12,160 Speaker 5: doing shoppable content. So on the View if you watch 28 00:01:12,240 --> 00:01:14,280 Speaker 5: that show right now, there's a segment called view your 29 00:01:14,319 --> 00:01:16,679 Speaker 5: Deal once a week. I was in charge of that 30 00:01:16,760 --> 00:01:19,280 Speaker 5: for all the years I was there. It is very 31 00:01:19,560 --> 00:01:23,640 Speaker 5: lucrative to sell products in content, and so when I 32 00:01:23,680 --> 00:01:26,160 Speaker 5: took over for the Tameron Hall Show, when you have 33 00:01:26,200 --> 00:01:28,520 Speaker 5: a new show in television, you have to think of 34 00:01:28,560 --> 00:01:31,480 Speaker 5: creative ways to generate revenue. And I said, well, you 35 00:01:31,520 --> 00:01:34,600 Speaker 5: know what, let's do some products. People love it. If 36 00:01:34,640 --> 00:01:38,119 Speaker 5: your favorite host is like, oh my god, I love 37 00:01:38,200 --> 00:01:40,240 Speaker 5: this necklace, you guys are going to get it today. 38 00:01:40,240 --> 00:01:41,920 Speaker 2: You're like, yeah, and you're going to get it at 39 00:01:41,959 --> 00:01:45,080 Speaker 2: a special dal within that period of time. 40 00:01:45,920 --> 00:01:50,880 Speaker 5: Absolutely, So we launched tamfam Deals. And so while I 41 00:01:50,960 --> 00:01:53,200 Speaker 5: was doing that, the company I brought in I ended 42 00:01:53,280 --> 00:01:55,880 Speaker 5: up joining, And that's how I kind of moved out 43 00:01:55,920 --> 00:01:58,440 Speaker 5: of the day to day show running and moving to 44 00:01:58,480 --> 00:02:00,600 Speaker 5: the other side because I was already doing it. 45 00:02:00,760 --> 00:02:02,440 Speaker 1: Yeah, and it's exciting to me. 46 00:02:02,520 --> 00:02:04,640 Speaker 2: Honestly, when I started this show, I had pitched us 47 00:02:04,640 --> 00:02:07,480 Speaker 2: doing something like that based off of seeing that on 48 00:02:07,560 --> 00:02:09,640 Speaker 2: these talk shows. Because I also feel like it's a 49 00:02:09,680 --> 00:02:11,920 Speaker 2: win win for everybody, right, it is. It helps the 50 00:02:11,960 --> 00:02:15,760 Speaker 2: network the show make money. It also helps the founder 51 00:02:15,960 --> 00:02:18,360 Speaker 2: make money off their product and get more visibility. And 52 00:02:18,360 --> 00:02:20,960 Speaker 2: then people get a special deal. It's like wins for 53 00:02:21,040 --> 00:02:22,240 Speaker 2: everybody across the board. 54 00:02:22,360 --> 00:02:24,520 Speaker 5: It is, but it's even more than the deal you 55 00:02:24,560 --> 00:02:25,320 Speaker 5: would curate. 56 00:02:25,560 --> 00:02:26,320 Speaker 4: Like we were just. 57 00:02:26,240 --> 00:02:28,720 Speaker 5: Sitting here and you were saying, I love Black owned brands. 58 00:02:29,000 --> 00:02:31,760 Speaker 5: You're finding brands that we don't even know about, and 59 00:02:31,800 --> 00:02:35,560 Speaker 5: so there's a huge benefit for the viewer the listener 60 00:02:35,919 --> 00:02:37,960 Speaker 5: because you're going to bring brands to the table they've 61 00:02:38,000 --> 00:02:38,560 Speaker 5: never heard of. 62 00:02:38,639 --> 00:02:40,480 Speaker 1: Me, Like this mirror behind us. I was telling you, 63 00:02:41,000 --> 00:02:42,040 Speaker 1: shout out to True Unique. 64 00:02:42,120 --> 00:02:44,680 Speaker 2: I purchased this mirror just I was seeing him on 65 00:02:44,720 --> 00:02:47,440 Speaker 2: Instagram and saying I love his products, and then I 66 00:02:47,480 --> 00:02:49,400 Speaker 2: went to his page and I saw this. I saw 67 00:02:49,440 --> 00:02:52,399 Speaker 2: he has these lego mirrors, Black owned brand out of Baltimore. 68 00:02:52,720 --> 00:02:54,960 Speaker 5: Yeah, so if you did this here, which we can do, 69 00:02:57,120 --> 00:03:01,000 Speaker 5: wink wink, you can actually recommend products that people wouldn't 70 00:03:01,000 --> 00:03:03,960 Speaker 5: know about, and so there's a value all the way around. 71 00:03:06,440 --> 00:03:06,639 Speaker 4: Yeah. 72 00:03:06,680 --> 00:03:08,920 Speaker 3: I mean that was coffee uplips people. I heard that. 73 00:03:09,160 --> 00:03:13,800 Speaker 3: Coming back to that, everything she said that was still 74 00:03:13,880 --> 00:03:15,360 Speaker 3: quite a pivot and we're going to get into all 75 00:03:15,400 --> 00:03:19,600 Speaker 3: the shopping and shopbread bag. What was that like to 76 00:03:19,639 --> 00:03:23,400 Speaker 3: go from that type of a career into entrepreneurship because 77 00:03:23,400 --> 00:03:26,239 Speaker 3: so many people are, you know, on the fence. Don't 78 00:03:26,240 --> 00:03:27,760 Speaker 3: make that turn? What what made you? 79 00:03:28,000 --> 00:03:30,520 Speaker 2: Because that's a dream job and people's eyes they're like 80 00:03:30,680 --> 00:03:33,440 Speaker 2: executive producer, like just those positions that you would win 81 00:03:33,520 --> 00:03:36,240 Speaker 2: Emmy award. Winning that's a big step out on faith 82 00:03:36,520 --> 00:03:37,120 Speaker 2: and a risk. 83 00:03:37,560 --> 00:03:39,760 Speaker 5: It's a big step on faith. I always say I'm 84 00:03:39,800 --> 00:03:41,720 Speaker 5: that chick that jumps off the building and I just 85 00:03:41,800 --> 00:03:43,800 Speaker 5: know the parachutes coming. I've never hit the ground. 86 00:03:43,920 --> 00:03:44,560 Speaker 4: Just so we're clear. 87 00:03:45,080 --> 00:03:47,400 Speaker 5: So I always say I turned nothing down but my collar. 88 00:03:47,440 --> 00:03:50,400 Speaker 5: And that's the truth. So you know, for me, I 89 00:03:50,440 --> 00:03:53,280 Speaker 5: see opportunity and it's exciting for me. I don't get 90 00:03:53,280 --> 00:03:55,200 Speaker 5: scared until after and then I'm like. 91 00:03:55,160 --> 00:03:59,480 Speaker 2: Oh Lord, right here, right, I tell you what did 92 00:03:59,480 --> 00:03:59,840 Speaker 2: I do? 93 00:04:00,280 --> 00:04:02,760 Speaker 5: But I will tell you every time I've taken the leap, 94 00:04:03,240 --> 00:04:07,040 Speaker 5: I've leaped higher and higher and higher. And so for me, 95 00:04:07,120 --> 00:04:09,040 Speaker 5: one of my girl, my best friend, lives in Katar 96 00:04:09,400 --> 00:04:11,400 Speaker 5: and we talk every day and she said to me, Candy, 97 00:04:11,440 --> 00:04:14,360 Speaker 5: when you are anxious about something, she goes go to 98 00:04:14,400 --> 00:04:16,840 Speaker 5: the worst case scenario and back into it. 99 00:04:17,760 --> 00:04:20,680 Speaker 3: Just go the case and ask for advice for people. 100 00:04:20,800 --> 00:04:22,880 Speaker 5: Yeah, go to the worst case scenario. So the worst 101 00:04:22,880 --> 00:04:24,440 Speaker 5: case scenario for me is I got to move home. 102 00:04:24,680 --> 00:04:24,960 Speaker 1: Yeah. 103 00:04:25,120 --> 00:04:27,320 Speaker 5: Fortunately I have parents who if I had to, I 104 00:04:27,320 --> 00:04:30,359 Speaker 5: could live with them. That's the worst case scenario. And 105 00:04:30,400 --> 00:04:31,640 Speaker 5: I like them, So if that's. 106 00:04:31,440 --> 00:04:32,280 Speaker 4: It, I'm good. 107 00:04:32,320 --> 00:04:34,920 Speaker 1: They would love that, right, Yeah, I do that too. 108 00:04:34,960 --> 00:04:36,560 Speaker 2: I'm always like the worre's that it can happen, is 109 00:04:36,600 --> 00:04:38,960 Speaker 2: it doesn't work out, and now I gotta that's the 110 00:04:39,000 --> 00:04:41,280 Speaker 2: worst case scenario. And you know what, I feel like 111 00:04:41,360 --> 00:04:42,840 Speaker 2: things that I've done to have and worked have been 112 00:04:42,920 --> 00:04:47,040 Speaker 2: really huge lessons for me. It's been a great education. 113 00:04:47,240 --> 00:04:49,720 Speaker 2: You make some great relationships along the way. You never 114 00:04:49,760 --> 00:04:51,599 Speaker 2: know what's going to end up coming further on down. 115 00:04:51,720 --> 00:04:54,040 Speaker 5: You don't know who you're talking to ever. You when 116 00:04:54,080 --> 00:04:56,719 Speaker 5: you open a door, you don't know what's behind that door. 117 00:04:56,760 --> 00:04:58,760 Speaker 5: And most of the times it's something that can be 118 00:04:59,279 --> 00:05:01,960 Speaker 5: uplifting for you when lightning helpful. And I'm fifty six 119 00:05:02,080 --> 00:05:04,880 Speaker 5: years old, So I started this two years ago and 120 00:05:04,960 --> 00:05:08,200 Speaker 5: I'm learning. Literally I've gotten an MBA in the last 121 00:05:08,200 --> 00:05:08,679 Speaker 5: two years. 122 00:05:08,760 --> 00:05:10,160 Speaker 3: Well, now you are an entrepreneur. 123 00:05:10,320 --> 00:05:12,480 Speaker 1: I'm an entrepreneur, and you have a daughter who does content. 124 00:05:12,560 --> 00:05:13,760 Speaker 1: I mean she's very good. 125 00:05:13,880 --> 00:05:17,719 Speaker 3: Yeah, we're gonna have the whole family. Yes, what was 126 00:05:17,760 --> 00:05:20,680 Speaker 3: it like to raise money as a black woman entrepreneur? 127 00:05:20,760 --> 00:05:22,599 Speaker 1: And we got to say the name of the website, yes, 128 00:05:22,760 --> 00:05:23,719 Speaker 1: shopread Bag. 129 00:05:23,760 --> 00:05:27,880 Speaker 5: So shop red Bag dot com. Yeah, shopread Bag dot com. 130 00:05:27,920 --> 00:05:31,039 Speaker 5: It's a new store. When I saw people, when I 131 00:05:31,040 --> 00:05:34,760 Speaker 5: saw all the the outrage on the internet about the 132 00:05:34,839 --> 00:05:38,560 Speaker 5: DEI rollbacks, and in my company, we build online stores 133 00:05:38,560 --> 00:05:40,640 Speaker 5: for media partners, so we had shop with BT. At 134 00:05:40,640 --> 00:05:43,080 Speaker 5: the time, we had so many black brands that were 135 00:05:43,120 --> 00:05:48,200 Speaker 5: being impacted negatively. Some worried about closing, and I said, look, 136 00:05:48,240 --> 00:05:48,600 Speaker 5: this is. 137 00:05:48,560 --> 00:05:48,960 Speaker 3: What we do. 138 00:05:49,000 --> 00:05:50,880 Speaker 5: We're all women too, by the way. I'm like, this 139 00:05:50,920 --> 00:05:52,760 Speaker 5: is what we do. We can build stores. So I said, 140 00:05:52,839 --> 00:05:55,240 Speaker 5: let's build Shop red Bag because we need a place 141 00:05:55,279 --> 00:05:55,880 Speaker 5: for people. 142 00:05:55,680 --> 00:05:57,880 Speaker 3: To go explain to people what it is. 143 00:05:57,920 --> 00:06:00,480 Speaker 5: Okay, So Shop red Bag is an online If you 144 00:06:00,520 --> 00:06:04,120 Speaker 5: are boycotting Target, Walmart, any of the things, you can 145 00:06:04,160 --> 00:06:06,679 Speaker 5: now go to Shop red Bag and you can buy 146 00:06:06,680 --> 00:06:08,360 Speaker 5: the things that you'll find in retailer. 147 00:06:08,360 --> 00:06:09,720 Speaker 4: But here's the hitch. 148 00:06:10,279 --> 00:06:13,880 Speaker 5: These are all brands that fall under the DEI umbrella. 149 00:06:13,960 --> 00:06:16,080 Speaker 5: So if you just want to shop black owned brands, 150 00:06:16,320 --> 00:06:18,600 Speaker 5: hip browse categories, go to black owned brands. You want 151 00:06:18,600 --> 00:06:21,320 Speaker 5: to shop women own brands, shop women own brands, veteran 152 00:06:21,360 --> 00:06:25,440 Speaker 5: owned brands, disability, LGBTQIA. We all have to come together 153 00:06:25,520 --> 00:06:29,359 Speaker 5: right now because all of these diverse groups are creating 154 00:06:29,560 --> 00:06:32,360 Speaker 5: really high quality products, which I'll talk about some of 155 00:06:32,360 --> 00:06:33,680 Speaker 5: the brands that are in the store in a bit, 156 00:06:34,680 --> 00:06:36,560 Speaker 5: and we have to be able to support them because 157 00:06:36,600 --> 00:06:39,680 Speaker 5: guess what, the big retailers don't want us, right, they 158 00:06:39,720 --> 00:06:42,080 Speaker 5: don't want us, So guess what, here's a platform where 159 00:06:42,080 --> 00:06:44,480 Speaker 5: we can go. But we have to change our habits. 160 00:06:44,800 --> 00:06:45,880 Speaker 1: I agree with that. 161 00:06:45,880 --> 00:06:47,159 Speaker 4: That's the biggest things. 162 00:06:47,480 --> 00:06:49,200 Speaker 5: That means if you're at home and you need some 163 00:06:49,240 --> 00:06:53,000 Speaker 5: toilet paper, you have to consciously say, I'm gonna go 164 00:06:53,040 --> 00:06:55,560 Speaker 5: to shop Red Bag and buy some toilet paper. Just 165 00:06:55,600 --> 00:06:59,000 Speaker 5: do it one time. So if everybody does it one time, 166 00:06:59,720 --> 00:07:01,960 Speaker 5: then next time it's like losing weight. You ain't gonna 167 00:07:02,000 --> 00:07:03,240 Speaker 5: lose weight if you don't meal plan. 168 00:07:03,480 --> 00:07:04,880 Speaker 1: Let's shout out to Royal Flesh. 169 00:07:07,320 --> 00:07:09,240 Speaker 4: Yes, and we have Leafy Is. 170 00:07:09,279 --> 00:07:11,040 Speaker 3: This is Angela's favorite show. 171 00:07:12,360 --> 00:07:15,720 Speaker 1: And I know Juneteenth was a special day launched. 172 00:07:15,920 --> 00:07:19,720 Speaker 5: Yes, and we have Leafy, which is a black owned bamboo. 173 00:07:19,560 --> 00:07:21,880 Speaker 2: Bamboo tape paper that's only the best for your butt. 174 00:07:21,960 --> 00:07:23,040 Speaker 2: That's what I say, the. 175 00:07:22,960 --> 00:07:25,120 Speaker 4: Best for your butt. But guess what this is what 176 00:07:25,200 --> 00:07:26,680 Speaker 4: people don't know real talk. 177 00:07:27,320 --> 00:07:30,480 Speaker 5: Every time you're wiping with commercial toilet paper, you're putting, 178 00:07:31,080 --> 00:07:31,760 Speaker 5: you're putting them. 179 00:07:32,120 --> 00:07:33,240 Speaker 4: What are the chemicals called. 180 00:07:33,920 --> 00:07:36,400 Speaker 3: I thought you were gonna go with dollars to the company, 181 00:07:36,400 --> 00:07:38,040 Speaker 3: but you're going to chemicals in the book. 182 00:07:38,120 --> 00:07:41,880 Speaker 5: You're putting forever chemicals in your body. They are going right, 183 00:07:41,960 --> 00:07:44,360 Speaker 5: the fastest way to go into your body. And so 184 00:07:44,480 --> 00:07:47,720 Speaker 5: the thing was shop red bag having black owned brands 185 00:07:47,720 --> 00:07:51,000 Speaker 5: and brands of people of color. We have organic chemists, 186 00:07:51,200 --> 00:07:54,240 Speaker 5: they're all organic materials. These are like the best quality 187 00:07:54,280 --> 00:07:56,960 Speaker 5: products you can buy because we're making them for us. 188 00:07:57,160 --> 00:07:57,320 Speaker 1: Right. 189 00:07:57,680 --> 00:08:02,040 Speaker 3: But you're also really expanding the definition definition of diversity. 190 00:08:01,520 --> 00:08:04,120 Speaker 5: Which absolutely absolutely because here's the thing, look at the 191 00:08:04,120 --> 00:08:07,760 Speaker 5: country we're in. We all have to come together. We 192 00:08:07,840 --> 00:08:11,240 Speaker 5: have to be allies for all the businesses. So as women, 193 00:08:11,320 --> 00:08:14,360 Speaker 5: we have to come together. My husband's a veteran, my 194 00:08:14,480 --> 00:08:17,080 Speaker 5: child has a disability, Like I'm all the. 195 00:08:17,080 --> 00:08:19,400 Speaker 4: Things yeah, I'm a black girl. Right, Don checked off 196 00:08:19,440 --> 00:08:21,040 Speaker 4: four boxes. Right. 197 00:08:21,320 --> 00:08:24,960 Speaker 5: So, like in shopreadback dot Com, we have merch that 198 00:08:25,080 --> 00:08:27,880 Speaker 5: says I heart black owned brands. I heart women own 199 00:08:27,920 --> 00:08:31,560 Speaker 5: brands like get the shirts wear I'm proud. We have 200 00:08:31,640 --> 00:08:34,720 Speaker 5: to tell people like we have to educate everybody, like 201 00:08:34,880 --> 00:08:37,680 Speaker 5: we have to keep our money in our communities. 202 00:08:37,880 --> 00:08:41,080 Speaker 2: That's something I've always been really intentional about to and that's. 203 00:08:40,920 --> 00:08:41,640 Speaker 1: Why I was excited. 204 00:08:41,679 --> 00:08:45,560 Speaker 2: I ran into you and speaking of supporting, and we 205 00:08:45,640 --> 00:08:48,559 Speaker 2: ran into each other at this off Broadway play and 206 00:08:48,800 --> 00:08:50,960 Speaker 2: it was absolutely amazing. 207 00:08:51,160 --> 00:08:52,240 Speaker 4: Have to go see it. 208 00:08:52,240 --> 00:08:56,640 Speaker 5: It's Duke and Royal, it is Roya, it's so good. 209 00:08:56,720 --> 00:08:58,680 Speaker 5: It's I literally fall asleep in Broadway. 210 00:08:58,840 --> 00:09:01,320 Speaker 4: I was wide awake. Was so good. I was like, 211 00:09:01,400 --> 00:09:03,439 Speaker 4: oh my god, I love this. Yeah, let's go see 212 00:09:03,480 --> 00:09:05,280 Speaker 4: if you're coming to New York. If you're in New York, 213 00:09:05,320 --> 00:09:06,040 Speaker 4: it's so good. 214 00:09:06,160 --> 00:09:10,240 Speaker 1: Yeah, black writer, black director. You know the cash Way 215 00:09:10,320 --> 00:09:11,600 Speaker 1: ellis amazing. 216 00:09:11,760 --> 00:09:13,320 Speaker 2: Yeah, so you know, I just want to shot that 217 00:09:13,360 --> 00:09:15,040 Speaker 2: out too. But I saw you there and we had 218 00:09:15,040 --> 00:09:18,319 Speaker 2: this whole conversation about Shop read Bag. So I'm excited 219 00:09:18,360 --> 00:09:20,439 Speaker 2: that you're here. And that's one thing I always tell 220 00:09:20,440 --> 00:09:22,720 Speaker 2: people when it comes to me like going out, most 221 00:09:22,720 --> 00:09:24,400 Speaker 2: of the times, I will choose to go to a 222 00:09:24,440 --> 00:09:26,920 Speaker 2: business that's owned by somebody that looks like us. People 223 00:09:27,040 --> 00:09:30,880 Speaker 2: be like, Angela, we're going to another Caribbean restaurant because 224 00:09:30,880 --> 00:09:31,840 Speaker 2: you're going to the same one. 225 00:09:32,040 --> 00:09:34,280 Speaker 1: I know, I've got a different ones, though, I to 226 00:09:34,280 --> 00:09:35,040 Speaker 1: spread it around. 227 00:09:35,280 --> 00:09:38,840 Speaker 2: But I do feel like sometimes there's this really false 228 00:09:39,080 --> 00:09:43,640 Speaker 2: I think, you know, people say that, oh, the businesses 229 00:09:43,640 --> 00:09:45,520 Speaker 2: and the servicesn't so good, this, this, and that. 230 00:09:46,400 --> 00:09:47,640 Speaker 1: I do not find that at all. 231 00:09:48,080 --> 00:09:50,920 Speaker 2: Like I really find that when we go to our businesses, 232 00:09:50,960 --> 00:09:53,160 Speaker 2: I get treated really really well, and so does everybody. 233 00:09:53,200 --> 00:09:54,160 Speaker 1: The food is amazing. 234 00:09:54,440 --> 00:09:57,200 Speaker 2: But we got to be more intentional about supporting, like 235 00:09:57,240 --> 00:09:59,480 Speaker 2: we said, and making those decisions like I could buy 236 00:09:59,480 --> 00:09:59,920 Speaker 2: it from here. 237 00:10:00,080 --> 00:10:01,520 Speaker 1: I could buy it from here, that's right. 238 00:10:01,679 --> 00:10:03,760 Speaker 3: Talk about the importance of that. You and I even 239 00:10:03,840 --> 00:10:06,560 Speaker 3: got emotional. We were talking about how people now have 240 00:10:06,640 --> 00:10:09,720 Speaker 3: to create their own economies and the context of the 241 00:10:09,760 --> 00:10:13,120 Speaker 3: new economic and administration realities. 242 00:10:13,160 --> 00:10:14,319 Speaker 4: Talk about it's hurtful. 243 00:10:14,480 --> 00:10:16,480 Speaker 5: You know, a lot of my brands will say, you know, 244 00:10:16,720 --> 00:10:18,880 Speaker 5: I've spoken to We've got over one hundred and something 245 00:10:18,880 --> 00:10:20,280 Speaker 5: brands in the store, and I've talked to a lot 246 00:10:20,280 --> 00:10:23,200 Speaker 5: of them, and they're just like, it's personal. Yeah, personal, 247 00:10:23,840 --> 00:10:28,200 Speaker 5: it's really personal. And my thing is, if somebody said 248 00:10:28,240 --> 00:10:29,679 Speaker 5: to you, I don't want you up in my house, 249 00:10:30,000 --> 00:10:31,440 Speaker 5: I don't like you, I don't want you in my house, 250 00:10:31,440 --> 00:10:32,520 Speaker 5: are you going to run over there and. 251 00:10:32,480 --> 00:10:33,240 Speaker 3: Hang out their house? 252 00:10:33,640 --> 00:10:35,600 Speaker 1: Absolutely not No, You're gonna move on. 253 00:10:36,120 --> 00:10:38,600 Speaker 5: So guess what, Why are we taking our hard earned 254 00:10:38,640 --> 00:10:41,439 Speaker 5: dollars and spending them in places where they don't want us? 255 00:10:42,000 --> 00:10:43,800 Speaker 2: And you know, to be honest, the reason we even 256 00:10:43,840 --> 00:10:47,640 Speaker 2: studied this coffee company, Coffee Up Lift people was because 257 00:10:48,080 --> 00:10:52,040 Speaker 2: of how not diverse it is when it comes to 258 00:10:52,240 --> 00:10:56,319 Speaker 2: people who are selling coffee, setting up coffee shots, and 259 00:10:56,360 --> 00:10:58,640 Speaker 2: where the coffee beans come from. When you look at 260 00:10:58,640 --> 00:11:01,679 Speaker 2: where it comes from, it's all black and brown places. 261 00:11:01,400 --> 00:11:03,200 Speaker 4: But no black and brown owners, No black and brown 262 00:11:03,559 --> 00:11:04,240 Speaker 4: but very few. 263 00:11:04,360 --> 00:11:06,480 Speaker 2: And even as far as how much they get paid. 264 00:11:06,800 --> 00:11:08,720 Speaker 2: You know, you talk about fair trade and people say, 265 00:11:08,720 --> 00:11:11,680 Speaker 2: look for that fair trade stamp when you're buying your beans, 266 00:11:11,679 --> 00:11:13,440 Speaker 2: because you want to make sure that people are getting 267 00:11:13,440 --> 00:11:16,320 Speaker 2: compensated because a lot of times they're getting taken advantage of. 268 00:11:16,440 --> 00:11:18,440 Speaker 2: And so it's a whole thing when you think about 269 00:11:18,440 --> 00:11:21,400 Speaker 2: colonialism and you think about coffee beans, and so that 270 00:11:21,520 --> 00:11:22,960 Speaker 2: was part of the reason why I was like, let's 271 00:11:22,960 --> 00:11:23,880 Speaker 2: get into this business. 272 00:11:24,320 --> 00:11:28,400 Speaker 3: I know this really smart, really cute coffee business woman 273 00:11:28,520 --> 00:11:30,800 Speaker 3: who I want to see on Shop Red Bag. 274 00:11:30,840 --> 00:11:34,960 Speaker 5: We're we are onboarding you. We're going to get you 275 00:11:35,000 --> 00:11:37,400 Speaker 5: on and get you in absolutely, because my thing is this. 276 00:11:37,559 --> 00:11:39,720 Speaker 5: It's like, it's why a Popeyes and a Churches and 277 00:11:39,760 --> 00:11:42,560 Speaker 5: a KFC are all on the same corner because you 278 00:11:42,679 --> 00:11:44,680 Speaker 5: go there for options, and I would like to see 279 00:11:44,720 --> 00:11:47,440 Speaker 5: more coffee in there, so more people are buying their 280 00:11:47,480 --> 00:11:51,560 Speaker 5: coffee from Shop Red Bag, Black owned coffee companies, and 281 00:11:51,600 --> 00:11:53,240 Speaker 5: we have two in there now, so we add you in. 282 00:11:53,480 --> 00:11:55,000 Speaker 2: Let me ask you this, what did you think about 283 00:11:55,040 --> 00:11:59,120 Speaker 2: certain people who when the Target boycott started happening, it 284 00:11:59,200 --> 00:12:01,840 Speaker 2: did affect some of the brands that were in the store, 285 00:12:01,880 --> 00:12:04,000 Speaker 2: and some people were like, oh, come on, guys, like 286 00:12:04,080 --> 00:12:05,400 Speaker 2: still this is going to hurt us. 287 00:12:05,480 --> 00:12:05,800 Speaker 1: This is that? 288 00:12:06,080 --> 00:12:08,360 Speaker 2: What do you say to people like that who are like, 289 00:12:08,600 --> 00:12:11,320 Speaker 2: because I do understand, also people have contracts, they need 290 00:12:11,360 --> 00:12:12,920 Speaker 2: to sell their products. They don't want to pull it 291 00:12:12,960 --> 00:12:16,320 Speaker 2: off the shelves, and therefore maybe they feel like, Okay, 292 00:12:16,320 --> 00:12:18,520 Speaker 2: I don't want to support this boycott because what about 293 00:12:18,520 --> 00:12:19,200 Speaker 2: our brands. 294 00:12:19,480 --> 00:12:21,160 Speaker 1: But some people are like, listen. 295 00:12:20,880 --> 00:12:23,080 Speaker 2: You got to just suffer and take, you know, because 296 00:12:23,120 --> 00:12:25,240 Speaker 2: of what it is, the statement that we're trying to make. 297 00:12:25,320 --> 00:12:26,880 Speaker 1: But what do you say when it comes to that. 298 00:12:27,080 --> 00:12:29,720 Speaker 5: I think it's I think it's really tough for those brands. 299 00:12:29,720 --> 00:12:31,680 Speaker 5: But the good news about having a brand is you 300 00:12:31,720 --> 00:12:34,640 Speaker 5: can sell on multiple platforms, right, And I think if 301 00:12:34,679 --> 00:12:37,880 Speaker 5: people are boycotting Target, there are like shop read Bag, 302 00:12:37,960 --> 00:12:40,520 Speaker 5: there are other platforms where you can sell your products 303 00:12:40,520 --> 00:12:43,560 Speaker 5: and you can promote your products, right, And so it's 304 00:12:43,600 --> 00:12:46,240 Speaker 5: not like you I know that those brands can sell 305 00:12:46,240 --> 00:12:49,400 Speaker 5: in other places. Typically brands sell in a million places, right, 306 00:12:49,440 --> 00:12:51,080 Speaker 5: and you can go to shop Rite and here and 307 00:12:51,120 --> 00:12:52,120 Speaker 5: there and see the same brand. 308 00:12:52,240 --> 00:12:54,439 Speaker 4: So you know, that's what I would say to that. 309 00:12:54,920 --> 00:12:58,160 Speaker 5: I think I've never seen a boycott this impactful in 310 00:12:58,200 --> 00:13:00,680 Speaker 5: my lifetime. Right, I said, I'm fifty years. 311 00:13:00,440 --> 00:13:01,720 Speaker 3: Old and I Target. 312 00:13:02,120 --> 00:13:05,240 Speaker 5: It's Target, And God blessed Dwayne Bryant, I mean Pastor 313 00:13:05,240 --> 00:13:10,480 Speaker 5: Bryant for what he's done, because it's incredible. I mean 314 00:13:10,520 --> 00:13:14,720 Speaker 5: it's literally incredible. We took billions of dollars away from 315 00:13:14,760 --> 00:13:17,760 Speaker 5: major retailers. So people need to wake up and say, 316 00:13:17,760 --> 00:13:22,200 Speaker 5: wait a minute, our money makes a difference. And so 317 00:13:22,320 --> 00:13:23,880 Speaker 5: when people are like, well I don't vote because my 318 00:13:23,960 --> 00:13:27,120 Speaker 5: vote don't make a difference. Right now, your dollar is 319 00:13:27,160 --> 00:13:30,679 Speaker 5: making a difference. And Black people proportionately spend more money 320 00:13:30,840 --> 00:13:34,360 Speaker 5: than other races. So now we have an opportunity to 321 00:13:34,400 --> 00:13:37,960 Speaker 5: take those billions of dollars and circulate them into our 322 00:13:38,000 --> 00:13:41,079 Speaker 5: communities and grow our businesses over the next four years, 323 00:13:41,080 --> 00:13:43,040 Speaker 5: so that this is not a fly by night thing. 324 00:13:43,120 --> 00:13:43,920 Speaker 4: I've seen these. 325 00:13:43,760 --> 00:13:47,600 Speaker 5: Types of stores come and go. Right, We're not going anywhere. 326 00:13:47,480 --> 00:13:51,320 Speaker 3: Economic boycotts, love them, love. People can just make such 327 00:13:51,440 --> 00:13:55,040 Speaker 3: change if they use their power. I remember a girl 328 00:13:55,440 --> 00:13:59,240 Speaker 3: when there was all that controversy over banking fees. Yeah, 329 00:13:59,440 --> 00:14:03,280 Speaker 3: girls start a social media campaign after some legislation came 330 00:14:03,320 --> 00:14:05,920 Speaker 3: out to regulate banks, but they just weren't listening to it. Yeah, 331 00:14:06,120 --> 00:14:07,960 Speaker 3: just said everybody pull out of the big banks and 332 00:14:08,000 --> 00:14:12,480 Speaker 3: go to community lenders this weekend. So many people did it, 333 00:14:12,520 --> 00:14:15,920 Speaker 3: and the following Tuesday, the big banks dropped their fees. Right. 334 00:14:16,120 --> 00:14:18,200 Speaker 3: We saw the same thing with Game Stop. You know, 335 00:14:18,240 --> 00:14:20,160 Speaker 3: we were talking about wire that stock when they said 336 00:14:20,200 --> 00:14:23,400 Speaker 3: sell that stock. The black community has the power, so. 337 00:14:23,360 --> 00:14:24,880 Speaker 5: Part of the reason I did shop read back in 338 00:14:25,000 --> 00:14:26,720 Speaker 5: the comments, because I heard so many people going, well, 339 00:14:26,720 --> 00:14:27,840 Speaker 5: where am I supposed to shop? 340 00:14:28,320 --> 00:14:28,520 Speaker 4: Right? 341 00:14:28,640 --> 00:14:30,880 Speaker 5: Like this guy was on the internet. I keep saying 342 00:14:30,920 --> 00:14:33,520 Speaker 5: I cannot find this clip, but he was in Target, 343 00:14:33,560 --> 00:14:34,080 Speaker 5: Like so where am. 344 00:14:34,000 --> 00:14:35,440 Speaker 4: I supposed to buy my toothpaste? So where am I 345 00:14:35,440 --> 00:14:36,800 Speaker 4: supposed to buy? Blah blah blah blah. 346 00:14:36,920 --> 00:14:39,920 Speaker 5: And it's like, here's the solution. Because people are throwing 347 00:14:39,920 --> 00:14:43,200 Speaker 5: out lists and things and that, but let's have one platform, 348 00:14:43,600 --> 00:14:46,440 Speaker 5: easy to navigate. You can shop by categories. If you 349 00:14:46,600 --> 00:14:48,560 Speaker 5: only want to do black owned brands, have at it. 350 00:14:49,080 --> 00:14:52,560 Speaker 5: You're still supporting your women. You want to support women, 351 00:14:52,760 --> 00:14:53,320 Speaker 5: have at it. 352 00:14:53,640 --> 00:14:53,880 Speaker 4: Yeah. 353 00:14:53,920 --> 00:14:56,760 Speaker 2: Even in building our coffee shop, we used everybody that 354 00:14:57,000 --> 00:15:02,520 Speaker 2: was you know, from our plumber to our electrician to 355 00:15:02,640 --> 00:15:05,560 Speaker 2: our designer. It was all black and brown own people 356 00:15:05,600 --> 00:15:07,960 Speaker 2: and then brands inside of the store. And we did 357 00:15:07,960 --> 00:15:10,840 Speaker 2: a partnership with Pronghorn, you know as well, so that 358 00:15:10,880 --> 00:15:13,560 Speaker 2: we could also promote some of these diverse brands to 359 00:15:13,600 --> 00:15:15,760 Speaker 2: make sure. That's when we got our liquor license. What 360 00:15:15,840 --> 00:15:17,800 Speaker 2: you see on the shelves, and we've been doing special events. 361 00:15:17,800 --> 00:15:20,000 Speaker 2: We did something with Happy Cork in Brooklyn. 362 00:15:21,000 --> 00:15:21,200 Speaker 1: You know. 363 00:15:21,280 --> 00:15:24,080 Speaker 2: So I just think you're right, Like, we have amazing, 364 00:15:24,360 --> 00:15:27,600 Speaker 2: high end, great quality products and people just need to 365 00:15:27,640 --> 00:15:29,960 Speaker 2: go and be intentional about supporting that because we see 366 00:15:30,000 --> 00:15:33,440 Speaker 2: so many brands that people just, you know, just kind 367 00:15:33,480 --> 00:15:36,440 Speaker 2: of gravitate toward, yeah, because of the hype about it, 368 00:15:36,800 --> 00:15:39,360 Speaker 2: But that doesn't mean that it's better yeah, or quality. 369 00:15:39,440 --> 00:15:39,640 Speaker 1: Yeah. 370 00:15:39,640 --> 00:15:42,160 Speaker 3: The way she's talking about intentionality, you were saying that 371 00:15:42,200 --> 00:15:45,000 Speaker 3: you're seeing it a lot in younger generations. They're just different. 372 00:15:45,360 --> 00:15:45,840 Speaker 4: Oh yeah. 373 00:15:45,880 --> 00:15:48,400 Speaker 5: So it's so funny because as we grow shop red 374 00:15:48,400 --> 00:15:50,560 Speaker 5: bag dot com. I'm on the street, Like I was 375 00:15:50,560 --> 00:15:53,200 Speaker 5: on the street all day Sunday in Montclair talking to people. 376 00:15:53,240 --> 00:15:55,440 Speaker 4: I'm like, I'm masterpe out. 377 00:15:54,960 --> 00:15:57,320 Speaker 1: The trunk, you know, selling CD out the trunk. 378 00:15:57,640 --> 00:15:59,280 Speaker 5: But I did talk to a twenty year old and 379 00:15:59,320 --> 00:16:01,920 Speaker 5: I assumed that she would say. I said to her, 380 00:16:02,560 --> 00:16:04,720 Speaker 5: do you pay attention to where you shop? Do you 381 00:16:04,720 --> 00:16:08,480 Speaker 5: think your money matters? And she literally was like yeah, absolutely, 382 00:16:08,560 --> 00:16:11,640 Speaker 5: and brought up like five other issues. She's like she's 383 00:16:11,680 --> 00:16:14,200 Speaker 5: telling me all these things. And I was like, that's 384 00:16:14,240 --> 00:16:16,760 Speaker 5: amazing because people, you know, the gen z stare this 385 00:16:17,000 --> 00:16:19,160 Speaker 5: that I thought, Oh, you're twenty, you don't even care 386 00:16:19,240 --> 00:16:22,320 Speaker 5: She's like, no, no, and she said, an I'm boycotting Target, right. 387 00:16:22,600 --> 00:16:25,000 Speaker 4: So the young people and the look she over there. 388 00:16:25,000 --> 00:16:29,000 Speaker 3: What a natural. It's natural for them. My son's that age. 389 00:16:29,120 --> 00:16:29,480 Speaker 1: It is. 390 00:16:29,520 --> 00:16:31,960 Speaker 5: But then I heard from some young people who are like, 391 00:16:32,200 --> 00:16:34,600 Speaker 5: I just buy what I like. Yeah, So I was 392 00:16:34,760 --> 00:16:37,680 Speaker 5: very happy to see this young lady say no, no, no. 393 00:16:37,800 --> 00:16:39,440 Speaker 4: Not only am I doing that, but I'm looking at this. 394 00:16:39,480 --> 00:16:43,760 Speaker 2: I'm somebody is a founder right now, or they have 395 00:16:43,800 --> 00:16:46,440 Speaker 2: a product that they would like to get on shot 396 00:16:46,480 --> 00:16:47,000 Speaker 2: red Bag. 397 00:16:47,360 --> 00:16:49,320 Speaker 1: How can they make that happen? And what's the process? 398 00:16:49,480 --> 00:16:52,680 Speaker 5: Go to shopredbag dot com and scroll down and it'll 399 00:16:52,680 --> 00:16:53,600 Speaker 5: just say are you a brand? 400 00:16:53,600 --> 00:16:54,280 Speaker 4: We need to know about it? 401 00:16:54,320 --> 00:16:54,920 Speaker 1: Let me do that now. 402 00:16:55,120 --> 00:16:59,960 Speaker 3: Yeah, what are some of the things you're looking for 403 00:17:00,080 --> 00:17:00,920 Speaker 3: from entrepreneurs? 404 00:17:01,040 --> 00:17:03,160 Speaker 5: I mean, you know, it's interesting because one of the 405 00:17:03,720 --> 00:17:05,360 Speaker 5: one of the things you'll see in Shop red Bag 406 00:17:05,440 --> 00:17:08,000 Speaker 5: is that we really wanted to do practical items to 407 00:17:08,160 --> 00:17:10,639 Speaker 5: just get people there. So you can buy toilet paper, 408 00:17:10,680 --> 00:17:14,359 Speaker 5: cleaning supplies, dental stuff. We have and I want to 409 00:17:14,400 --> 00:17:15,639 Speaker 5: tell you about some of the first that are in. 410 00:17:15,680 --> 00:17:17,160 Speaker 1: Okay, let us let's see. 411 00:17:17,560 --> 00:17:18,920 Speaker 4: African American expression. 412 00:17:19,080 --> 00:17:24,000 Speaker 5: So that's greeting cards, journals, bags and umbrellas. 413 00:17:24,400 --> 00:17:27,520 Speaker 4: Umbrellas things we need every day. They're the largest black 414 00:17:27,560 --> 00:17:31,480 Speaker 4: owned gift company in the country. Afro Unicorn, I love her. 415 00:17:31,520 --> 00:17:32,440 Speaker 1: Where's my unicorn? 416 00:17:32,560 --> 00:17:37,639 Speaker 5: Afro Unicorn. So she's got children's bed sets unicorns with 417 00:17:37,680 --> 00:17:41,359 Speaker 5: the Afros. She's the first black woman to have a 418 00:17:41,400 --> 00:17:42,480 Speaker 5: brand in retail. 419 00:17:43,840 --> 00:17:47,399 Speaker 1: Right here. Yah, she's supposed to be over here. I 420 00:17:47,440 --> 00:17:48,400 Speaker 1: don't know how I got over there. 421 00:17:48,720 --> 00:17:49,640 Speaker 4: See, I love it. 422 00:17:52,119 --> 00:17:55,400 Speaker 5: Beauty IY is one of the best vitamin C serums 423 00:17:55,800 --> 00:17:59,199 Speaker 5: on the market, and it's a brother. Ron Robinson is 424 00:17:59,200 --> 00:18:03,000 Speaker 5: a black chemist. Thirty plus years he was formulating for 425 00:18:03,119 --> 00:18:08,120 Speaker 5: Clinique Laurel Revlon Avon in the store. That's what I'm saying. 426 00:18:08,119 --> 00:18:11,240 Speaker 5: There's quality stuff, but Toy Sweet Treats out of Chicago 427 00:18:11,280 --> 00:18:14,199 Speaker 5: going up against Harry and David and Garrett's Popcorn and 428 00:18:14,240 --> 00:18:16,679 Speaker 5: her popcorn is a mazing. 429 00:18:17,480 --> 00:18:20,800 Speaker 1: We need to get proper yes, yes. 430 00:18:21,000 --> 00:18:23,960 Speaker 3: An approval process. Well, it's you put that you so 431 00:18:24,040 --> 00:18:25,399 Speaker 3: someone applies. 432 00:18:25,200 --> 00:18:27,480 Speaker 5: Somebody applies. You know, a lot of times it really 433 00:18:27,520 --> 00:18:30,399 Speaker 5: comes down to the margins, right, are you able to 434 00:18:30,880 --> 00:18:32,480 Speaker 5: you know, there has to be a certain margin to 435 00:18:32,520 --> 00:18:35,600 Speaker 5: come into the store. We don't charge anything so and 436 00:18:35,640 --> 00:18:37,639 Speaker 5: we're doing free shipping. So we have to figure out 437 00:18:37,680 --> 00:18:41,920 Speaker 5: a way that the brand can offer free shipping because well, 438 00:18:41,960 --> 00:18:44,959 Speaker 5: for a lot of smaller brands, the pricing is slightly higher, 439 00:18:45,320 --> 00:18:48,080 Speaker 5: so we don't we're not asking them to discount, and 440 00:18:48,160 --> 00:18:50,560 Speaker 5: so we're doing free shipping so that we can get 441 00:18:50,560 --> 00:18:51,520 Speaker 5: people to come and shop. 442 00:18:51,600 --> 00:18:54,840 Speaker 1: Yeah those criteria, Yeah yeah. 443 00:18:54,600 --> 00:18:56,359 Speaker 5: And we you know, our team will go through with 444 00:18:56,440 --> 00:18:59,080 Speaker 5: them and kind of talk about their their different skews. 445 00:18:59,160 --> 00:19:02,440 Speaker 5: And it's not gonna work for everybody, but I'm here. 446 00:19:03,040 --> 00:19:05,199 Speaker 5: I'm here to support brands. I want to give this 447 00:19:05,320 --> 00:19:08,040 Speaker 5: platform to the brands. I'm a black owned, woman owned 448 00:19:08,040 --> 00:19:09,240 Speaker 5: business and we're all women. 449 00:19:09,720 --> 00:19:11,640 Speaker 1: So what has reactions been so far? 450 00:19:11,800 --> 00:19:11,960 Speaker 5: Too? 451 00:19:12,160 --> 00:19:13,159 Speaker 4: Oh my god. People love it. 452 00:19:13,640 --> 00:19:15,840 Speaker 5: They're like finally and I didn't know where to go, 453 00:19:15,920 --> 00:19:18,160 Speaker 5: and this is great, this is what we need and 454 00:19:18,560 --> 00:19:21,000 Speaker 5: you know all the things, it's just now at this point, 455 00:19:21,040 --> 00:19:24,919 Speaker 5: people are excited. Now people have to start shopping. And 456 00:19:25,080 --> 00:19:28,480 Speaker 5: every time I say it's shop and share, shop and share. 457 00:19:28,760 --> 00:19:31,359 Speaker 5: Every time you get something from shop red Bag posted 458 00:19:31,440 --> 00:19:34,040 Speaker 5: on social media. It's not a store, you guys, it's 459 00:19:34,080 --> 00:19:37,440 Speaker 5: a movement. We are starting a movement. 460 00:19:37,920 --> 00:19:41,919 Speaker 3: So you said people are excited. So, and who wouldn't 461 00:19:41,960 --> 00:19:45,240 Speaker 3: be excited to invest in you? Honestly, that's what we. 462 00:19:45,119 --> 00:19:49,119 Speaker 1: Were talking about all your investors out there. 463 00:19:49,160 --> 00:19:52,080 Speaker 3: Really, what was it like raising capital as a black 464 00:19:52,240 --> 00:19:57,480 Speaker 3: female entrepreneur? Are a female? 465 00:19:57,840 --> 00:20:01,400 Speaker 5: Yes, as an entrepreneurs, So it's an ongoing thing raising capital. 466 00:20:01,480 --> 00:20:04,479 Speaker 5: I will tell you I have been loved by black folks. 467 00:20:05,240 --> 00:20:05,480 Speaker 3: I have. 468 00:20:06,160 --> 00:20:08,600 Speaker 5: We've raised capital from friends and family. At this point, 469 00:20:09,200 --> 00:20:13,399 Speaker 5: ninety nine percent of our money are Black people, yay. 470 00:20:13,960 --> 00:20:16,679 Speaker 5: And what I've found when we talk about community and 471 00:20:16,880 --> 00:20:19,919 Speaker 5: coming together over the next four years and beyond, is 472 00:20:19,920 --> 00:20:22,520 Speaker 5: that I've found that there are groups of black folks, 473 00:20:23,000 --> 00:20:27,520 Speaker 5: just doctors, lawyers, business people who are coming together, pooling 474 00:20:27,560 --> 00:20:30,199 Speaker 5: their money and investing in black owned businesses. 475 00:20:30,359 --> 00:20:33,280 Speaker 1: Yes, there are, because there's a lot. Yes, now, you're 476 00:20:33,320 --> 00:20:34,439 Speaker 1: absolutely right about that. 477 00:20:34,800 --> 00:20:35,480 Speaker 4: There's a lot. 478 00:20:35,720 --> 00:20:36,240 Speaker 1: I love that. 479 00:20:36,280 --> 00:20:38,240 Speaker 5: And those are the folks that have gotten behind. So 480 00:20:38,320 --> 00:20:41,359 Speaker 5: my company is called Cistus Media and so, and like 481 00:20:41,400 --> 00:20:44,400 Speaker 5: I said, we have big media partners, we have stores 482 00:20:44,400 --> 00:20:47,880 Speaker 5: for and shop. Redbag is our store. But our investors 483 00:20:47,920 --> 00:20:51,200 Speaker 5: in Sistus Media are black, which is really great. 484 00:20:51,240 --> 00:20:52,320 Speaker 4: So, but it is tough. 485 00:20:52,359 --> 00:20:55,440 Speaker 5: I will tell you it's hard for women it's hard 486 00:20:55,480 --> 00:20:57,840 Speaker 5: for communities of color to raise money because those on 487 00:20:57,920 --> 00:21:00,960 Speaker 5: our networks, and so when you reach out to those networks, 488 00:21:00,960 --> 00:21:02,840 Speaker 5: they're less inclined to be like, I'll just write you 489 00:21:02,840 --> 00:21:05,680 Speaker 5: a check because yeah, And I had a thing where 490 00:21:05,720 --> 00:21:09,560 Speaker 5: there was I went to a to Boston College and 491 00:21:10,040 --> 00:21:12,080 Speaker 5: I reached out to a gentleman that I know, older 492 00:21:12,119 --> 00:21:15,199 Speaker 5: gentlemen who went to BC and were connected, and it 493 00:21:15,240 --> 00:21:16,880 Speaker 5: was kind of like, ah, well, I don't waste your time. 494 00:21:16,920 --> 00:21:19,840 Speaker 5: You know, I typically don't invest in businesses. I don't understand. 495 00:21:20,440 --> 00:21:23,119 Speaker 5: Have that been a black and I've done, and this 496 00:21:23,160 --> 00:21:26,800 Speaker 5: has happened. I've had that same conversation with black folks 497 00:21:27,160 --> 00:21:30,240 Speaker 5: who were like, tell me a little bit more because 498 00:21:30,280 --> 00:21:33,560 Speaker 5: we're you see what I'm saying different, Well exactly, but 499 00:21:33,680 --> 00:21:35,960 Speaker 5: that's how people do business. They do business with people 500 00:21:36,000 --> 00:21:38,960 Speaker 5: who look like them, who they like, and you have 501 00:21:39,040 --> 00:21:39,840 Speaker 5: to be persistent. 502 00:21:39,960 --> 00:21:41,480 Speaker 4: I ended and the guy is a wonderful guy. 503 00:21:41,560 --> 00:21:43,440 Speaker 3: I ended up, so glad you're making this point. The 504 00:21:43,520 --> 00:21:47,679 Speaker 3: Pope and my media company, one of our divisions is consulting, 505 00:21:48,240 --> 00:21:51,480 Speaker 3: and that's when consult with companies and they're like, oh, 506 00:21:51,560 --> 00:21:53,040 Speaker 3: you know, we have this money and we want to 507 00:21:53,040 --> 00:21:55,800 Speaker 3: invest in black female entrepreneurs. I'm like, but you have 508 00:21:55,840 --> 00:21:59,280 Speaker 3: to do business the way they do business. So many 509 00:21:59,400 --> 00:22:02,360 Speaker 3: companies or grants or all sorts of things. Okay, we're 510 00:22:02,359 --> 00:22:03,679 Speaker 3: going to give this to you, but you have to 511 00:22:03,760 --> 00:22:06,359 Speaker 3: do X, Y and z instead of seeing it from 512 00:22:06,680 --> 00:22:07,600 Speaker 3: their perspective. 513 00:22:07,880 --> 00:22:11,480 Speaker 5: Yes, and what's interesting, just from general principle, if two 514 00:22:11,480 --> 00:22:14,320 Speaker 5: guys went to Notre Dame together and one guy you 515 00:22:14,320 --> 00:22:16,480 Speaker 5: know what I mean, I know, right, they're two guys, 516 00:22:16,480 --> 00:22:18,880 Speaker 5: they look alike, they kind of have a similar upbringing, 517 00:22:18,920 --> 00:22:20,920 Speaker 5: they both worked on Wall Street. He's gonna say, hey, 518 00:22:20,960 --> 00:22:23,280 Speaker 5: you know what, I don't typically invest in those types 519 00:22:23,320 --> 00:22:23,800 Speaker 5: of businesses. 520 00:22:23,800 --> 00:22:25,800 Speaker 4: But all right, yes, yeah, yeah, here you go. 521 00:22:25,880 --> 00:22:28,000 Speaker 2: That small tech is a nice check too, usually, right, 522 00:22:28,080 --> 00:22:30,040 Speaker 2: But I don't get that, and you're right, we don't, 523 00:22:30,119 --> 00:22:32,640 Speaker 2: cause I would tell you, like boosttrapping my business myself, 524 00:22:32,680 --> 00:22:34,800 Speaker 2: me and my partner used all our own money and 525 00:22:35,160 --> 00:22:38,000 Speaker 2: did not get not one investment from anybody. But it's 526 00:22:38,000 --> 00:22:39,960 Speaker 2: also hard to figure out when do you want to 527 00:22:39,960 --> 00:22:42,000 Speaker 2: get an investment and what are you giving up because 528 00:22:42,000 --> 00:22:44,520 Speaker 2: these are all things that are you know, I've seen 529 00:22:44,520 --> 00:22:46,679 Speaker 2: people do their businesses where they start that way and 530 00:22:47,240 --> 00:22:50,280 Speaker 2: they really funded themselves and empty out everything and make 531 00:22:50,320 --> 00:22:51,040 Speaker 2: it happen, and then. 532 00:22:51,000 --> 00:22:52,879 Speaker 1: Later on it pays off or it doesn't, you know 533 00:22:52,920 --> 00:22:53,320 Speaker 1: what I mean. 534 00:22:53,720 --> 00:22:55,600 Speaker 2: And then I've seen people who from the beginning have 535 00:22:55,840 --> 00:22:58,879 Speaker 2: started a business and went about trying to raise money 536 00:22:58,880 --> 00:23:01,879 Speaker 2: and do those things just I think always hard to 537 00:23:02,000 --> 00:23:04,400 Speaker 2: People will tell you use other people's money, but then 538 00:23:04,480 --> 00:23:06,600 Speaker 2: other people want to see you invest your own money 539 00:23:06,880 --> 00:23:08,960 Speaker 2: into your plan and get it to a certain point also, 540 00:23:09,240 --> 00:23:10,960 Speaker 2: and so that's such a that's a balance. 541 00:23:11,520 --> 00:23:13,520 Speaker 5: You can do it either way. It depends on how 542 00:23:13,560 --> 00:23:16,880 Speaker 5: big of a business you're building. E Commerce is incredibly lucrative, 543 00:23:17,480 --> 00:23:20,320 Speaker 5: so to you want to raise money because you want 544 00:23:20,440 --> 00:23:22,240 Speaker 5: like you want a ten x one hundred million or 545 00:23:22,240 --> 00:23:25,240 Speaker 5: two hundred million. It's different than that a shop, right, 546 00:23:25,320 --> 00:23:27,240 Speaker 5: So it just depends on the type of business. 547 00:23:27,320 --> 00:23:29,560 Speaker 1: But then we also had to get the beans important. 548 00:23:29,960 --> 00:23:32,600 Speaker 3: It was a lot of business that you started. 549 00:23:32,760 --> 00:23:36,360 Speaker 1: Yeah, yeah, that's a lot, but it will off. 550 00:23:36,400 --> 00:23:39,639 Speaker 5: But it's just like a brick and mortar retail business 551 00:23:39,760 --> 00:23:42,000 Speaker 5: is very different from like an e commerce tech business 552 00:23:42,080 --> 00:23:44,479 Speaker 5: versus healthcare something business. 553 00:23:44,520 --> 00:23:45,840 Speaker 1: Yeah, bad technology. 554 00:23:45,880 --> 00:23:48,240 Speaker 2: And I want to say I was talking about this earlier, 555 00:23:48,280 --> 00:23:50,400 Speaker 2: how it's been really tough for brick and mortar businesses 556 00:23:50,480 --> 00:23:51,040 Speaker 2: right now too. 557 00:23:51,359 --> 00:23:54,119 Speaker 1: I see like so many things. 558 00:23:54,320 --> 00:23:59,160 Speaker 2: I mean, it's tough times for landlords, for businesses. 559 00:23:59,600 --> 00:24:01,879 Speaker 1: I was in Brooklyn, Like when I drive down and 560 00:24:01,920 --> 00:24:02,560 Speaker 1: I'm going home. 561 00:24:02,440 --> 00:24:04,119 Speaker 2: I see all these businesses that have been there forever, 562 00:24:04,320 --> 00:24:06,679 Speaker 2: like closing Damn Applebee's Clothes on Fulton. 563 00:24:06,800 --> 00:24:10,280 Speaker 1: I was like, what that's been there? Yeah. 564 00:24:10,400 --> 00:24:12,399 Speaker 5: But here's the difference between a coffee shop, which was 565 00:24:12,440 --> 00:24:14,280 Speaker 5: smart for you to start that business is because it's 566 00:24:14,320 --> 00:24:17,400 Speaker 5: about community, and Shop red Bag is about. 567 00:24:17,080 --> 00:24:20,400 Speaker 4: Community and action. And that's the difference. 568 00:24:20,440 --> 00:24:23,320 Speaker 5: It's my normal every morning because a lot of people 569 00:24:23,400 --> 00:24:26,199 Speaker 5: work from home, including me. Every morning, I have my 570 00:24:26,280 --> 00:24:28,520 Speaker 5: hour of zen and I pick a coffee shop in 571 00:24:28,560 --> 00:24:29,200 Speaker 5: my neighborhood. 572 00:24:29,240 --> 00:24:29,640 Speaker 1: That's good. 573 00:24:29,720 --> 00:24:31,359 Speaker 2: I love it when people don't know it's mine and 574 00:24:31,359 --> 00:24:33,720 Speaker 2: they're like, I was at your coffee shop. I didn't 575 00:24:33,720 --> 00:24:35,320 Speaker 2: even know that was yours. But then they have my 576 00:24:35,400 --> 00:24:37,000 Speaker 2: face looping all over to TV. 577 00:24:39,480 --> 00:24:40,639 Speaker 1: And they're like, oh, well damn. 578 00:24:41,720 --> 00:24:43,639 Speaker 2: But yeah, so this is something we definitely want to 579 00:24:43,640 --> 00:24:46,760 Speaker 2: support Shop red Bag and that's the Instagram page as well. 580 00:24:47,200 --> 00:24:52,200 Speaker 5: Yeah, shopread bag dot com, come shop Bookmarket, come back, 581 00:24:52,240 --> 00:24:55,520 Speaker 5: come back. We're adding brands every day, we'll be adding 582 00:24:55,560 --> 00:24:56,160 Speaker 5: some coffee. 583 00:24:56,240 --> 00:24:58,639 Speaker 1: Yeah, I'm gonna scroll down and apply. 584 00:24:58,960 --> 00:25:02,440 Speaker 4: Yeah, yes, but you know, listen, it's it's a marathon, 585 00:25:02,480 --> 00:25:03,000 Speaker 4: not a sprint. 586 00:25:03,080 --> 00:25:04,120 Speaker 1: No, absolutely, And I'm. 587 00:25:04,000 --> 00:25:05,479 Speaker 5: Gonna be out the trunk of my car. I might 588 00:25:05,520 --> 00:25:06,880 Speaker 5: be coming to a neighborhood near you. 589 00:25:06,960 --> 00:25:07,200 Speaker 3: Listen. 590 00:25:07,240 --> 00:25:10,000 Speaker 2: And even what I also like to do is pop ups, 591 00:25:10,160 --> 00:25:12,560 Speaker 2: because I know pop ups are important. So if there's 592 00:25:12,560 --> 00:25:13,800 Speaker 2: some collaborative pop. 593 00:25:13,640 --> 00:25:15,479 Speaker 3: Ups, we can do a Wealth Wednesday pop up. 594 00:25:15,600 --> 00:25:18,199 Speaker 2: Ya just do it, and maybe a couple of the 595 00:25:18,240 --> 00:25:19,800 Speaker 2: brands that are on the site, we can do something. 596 00:25:20,160 --> 00:25:22,239 Speaker 5: We have so many brands in New York can come out, 597 00:25:22,280 --> 00:25:23,440 Speaker 5: easy done. 598 00:25:23,480 --> 00:25:26,640 Speaker 3: Everybody follow Wealth Wednesdays on Instagram so that you can 599 00:25:26,680 --> 00:25:29,639 Speaker 3: see our pop up that we're gonna do a shop 600 00:25:29,720 --> 00:25:32,240 Speaker 3: red bag and you can taste the coffee that's going 601 00:25:32,320 --> 00:25:34,480 Speaker 3: to be featured at the top shop or a bag. 602 00:25:35,000 --> 00:25:35,960 Speaker 3: We're so excited. 603 00:25:36,080 --> 00:25:36,800 Speaker 4: I love it you. 604 00:25:36,960 --> 00:25:38,879 Speaker 3: This woman means so much to me. When I was 605 00:25:38,960 --> 00:25:42,520 Speaker 3: starting out as a financial journalist, it was being on 606 00:25:42,560 --> 00:25:45,600 Speaker 3: the Oprah Winfrey Show. It was being on those shows, 607 00:25:45,680 --> 00:25:50,639 Speaker 3: and no one was giving many people. I'm a black 608 00:25:50,640 --> 00:25:53,879 Speaker 3: female financial behaviorist who worked on Wall Street. They've showed 609 00:25:54,160 --> 00:25:57,520 Speaker 3: you know what, there's the door. Thank you for opening 610 00:25:57,560 --> 00:26:00,560 Speaker 3: so many and now you're opening them for our community. 611 00:26:00,640 --> 00:26:02,840 Speaker 3: So I applaud you, but I'm not surprised. 612 00:26:03,200 --> 00:26:03,960 Speaker 4: Oh thank you. 613 00:26:04,119 --> 00:26:07,760 Speaker 1: I appreciate that, and congratulations. It's amazing. So everybody supports. 614 00:26:07,800 --> 00:26:10,960 Speaker 5: Please, I'm grateful to be on this platform. And just 615 00:26:11,000 --> 00:26:12,480 Speaker 5: so we're you know, when we were talking about folks 616 00:26:12,480 --> 00:26:15,439 Speaker 5: who complain about quote unquote trifling black businesses, you got 617 00:26:15,480 --> 00:26:16,840 Speaker 5: three black businesses right here. 618 00:26:17,359 --> 00:26:20,679 Speaker 2: Oh yeah, and we are not trifling. 619 00:26:22,040 --> 00:26:26,000 Speaker 3: We are a lot of fun too. And with that said, 620 00:26:26,640 --> 00:26:27,640 Speaker 3: Happy Wealth Wednesdays. 621 00:26:27,640 --> 00:26:28,480 Speaker 1: Everybody remem