Latest / Earn Your Leisure / Advance Placement: A Business Class Rapped in a 100 Bar Lesson, Taught by Mickey Factz
Transcript
- 0:02Speaker 1: Hmm, I'm excited.
- 0:05Speaker 2: Thankwenty nineteen.
- 0:06Speaker 1: Yeah, that's ours.
- 0:10Speaker 3: Yeah, I saw what I did on the Flex Show
- 0:13Speaker 3: helping the people get out of debt. Bro with Sean
- 0:15Speaker 3: gave me a call and told me the Flex mode
- 0:17Speaker 3: teach them how to work for themselves to get dope.
- 0:20Speaker 3: I said, Joe, you think they ready for that? He said, Mick,
- 0:22Speaker 3: give yourself more credit than that. Just tell them the facts.
- 0:25Speaker 3: That's when I start.
- 0:26Speaker 1: Remembering back working at a law.
- 0:28Speaker 3: Firm, sort and mailing the back, going to work very poor.
- 0:31Speaker 3: I'm making twenty k a twenty four and I can't
- 0:33Speaker 3: take it anymore. So I made it my business to
- 0:36Speaker 3: make my own business, create my own lane.
- 0:38Speaker 1: That the game hasn't witnessed before I start. Is a
- 0:41Speaker 1: good and a bad size, But I'm gonna give you both.
- 0:43Speaker 1: Be a good and a bad guy.
- 0:44Speaker 3: Let's start with the good because you gotta find a
- 0:46Speaker 3: niche example, considering when mars a Quiet twixtman, it was
- 0:50Speaker 3: other chocolate bars right in the mix. The company made
- 0:53Speaker 3: two of them and got rich. They saw it was
- 0:55Speaker 3: a need for something, so they created a product to
- 0:57Speaker 3: appease the public. So you gotta do this, invent something
- 1:01Speaker 3: in your own lane. Create the value for the customer
- 1:04Speaker 3: you can gain. You could put a barber shop next
- 1:06Speaker 3: to a lounge, or start a laundromat in the college town.
- 1:09Speaker 3: Got to know what you're getting into with imperative research.
- 1:13Speaker 3: Don't go and blind due to your arrogance. A doctor
- 1:15Speaker 3: can't start a business without knowing this medicine and north
- 1:17Speaker 3: It can't start a series without knowing the narrative. Experiment
- 1:20Speaker 3: with the benefits of your market. Know your demographic. Who
- 1:23Speaker 3: you trying to start with. What is your business plan?
- 1:26Speaker 3: Here's how you started. What is your company about?
- 1:28Speaker 1: What do you call it?
- 1:29Speaker 3: Lay out the services, tell us about the product.
- 1:32Speaker 1: Flush out the numbers. What's your revenue target? That's what
- 1:35Speaker 1: you make here. Now subtract what you spent just to
- 1:38Speaker 1: make it. That's your profits and losses. Hell Detroit, hold love, I.
- 1:41Speaker 3: Might be steeding, might give me your ticket from all
- 1:44Speaker 3: to speaking. I might get banned from TV with this Preacher,
- 1:47Speaker 3: but nor we're gonna have to re release it as
- 1:49Speaker 3: a remix and O six eyes and mixtapes with DJ's
- 1:52Speaker 3: or Baggy closing posed with a mean face. I had glass,
- 1:55Speaker 3: skinny jeans, gold supers, cats saw that and said he
- 1:58Speaker 3: had no future.
- 2:00Speaker 1: They were wrong because people were connected.
- 2:02Speaker 3: They bought into the brand and it was respected the
- 2:04Speaker 3: checking I don't want DVA from the message. Let's get
- 2:07Speaker 3: back to this entrepreneur lessons. Sometimes people do it to
- 2:11Speaker 3: get out of stressing. Working for the man to them
- 2:13Speaker 3: become suppressing. So they start a business for income play.
- 2:16Speaker 3: But they ain't worried about growth, so the income stays.
- 2:19Speaker 3: The problem is if they ever see an income raise,
- 2:21Speaker 3: the iron rests on their back. Now incomes raised, you
- 2:24Speaker 3: gotta have a good accountant.
- 2:25Speaker 1: What to the dust? Pay yourself your own salary. What
- 2:28Speaker 1: is enough?
- 2:29Speaker 3: Don't get too passive with the money you clutch, or
- 2:31Speaker 3: you gonna be a mechanic throwing under the bus.
- 2:34Speaker 1: Now let's talk about the bad.
- 2:35Speaker 2: And what earners.
- 2:37Speaker 1: What's up?
- 2:37Speaker 2: You ever walk into a small business and everything just
- 2:40Speaker 2: works like the checkout as fast or seats of digital
- 2:44Speaker 2: tipping is a breeze and you're out the door before
- 2:47Speaker 2: the line even builds. Odds are they're using Square? We
- 2:51Speaker 2: love supporting businesses that run on Square because it just
- 2:54Speaker 2: feels seamless, whether it's a local coffee shop, a vendor
- 2:57Speaker 2: at a pop up market, or even one of our
- 2:59Speaker 2: merch partners. Square makes it easy for them to take payments,
- 3:03Speaker 2: manage inventory, and run their business with confidence, all from
- 3:07Speaker 2: one simple system. If you're a business owner or even
- 3:10Speaker 2: just thinking about launching something soon, Square is hands down
- 3:14Speaker 2: one of the best tools out there to help you start, run,
- 3:17Speaker 2: and grow. It's not just about payments, it's about giving
- 3:20Speaker 2: you time back so you can focus on what matters
- 3:23Speaker 2: most Ready. To see how Square can transform your business,
- 3:27Speaker 2: visit Square dot com backslash, go backslash eyl to learn
- 3:31Speaker 2: more that Square dot com backslash, go backslash eyl. Don't wait,
- 3:37Speaker 2: don't hesitate. Let's Square handle the back end so you
- 3:40Speaker 2: can keep pushing your vision forward. This episode is brought
- 3:46Speaker 2: to you by P and C Bank. A lot of
- 3:48Speaker 2: people think podcasts about work are boring, and sure, they
- 3:52Speaker 2: definitely can be, but understanding a professionals routine shows us
- 3:56Speaker 2: how they achieve their success little by little, day after day.
- 4:00Speaker 2: It's like banking with P and C Bank. It might
- 4:03Speaker 2: seem boring to save, plan and make calculated decisions with
- 4:06Speaker 2: your bank, but keeping your money boring is what helps
- 4:09Speaker 2: you live or more happily fulfilled life. P and C
- 4:12Speaker 2: Bank Brilliantly Boring since eighteen sixty five. Brilliantly Boring since
- 4:17Speaker 2: eighteen sixty five is a service mark of the PNC
- 4:20Speaker 2: Financial Service Group, Inc. P and C Bank National Association
- 4:24Speaker 2: Member FDIC.
- 4:27Speaker 4: An illegal alien from Guatemala charged with raping a child
- 4:31Speaker 4: in Massachusetts. An MS thirteen gang member from Al Salvador
- 4:35Speaker 4: accused of murdering a Texas man of Venezuelan charged with
- 4:39Speaker 4: filming and selling child pornography in Michigan. These are just
- 4:43Speaker 4: some of the heinous migrant criminals caught because of President
- 4:47Speaker 4: Donald J. Trump's leadership.
- 4:48Speaker 5: I'm Christy nom the United States Secretary of Homeland Security.
- 4:52Speaker 5: Under President Trump, attempted illegal border crossings are at the
- 4:56Speaker 5: lowest levels ever recorded. In over one hundred thousand the
- 5:00Speaker 5: illegal aliens.
- 5:00Speaker 4: Have been arrested. If you were here illegally, you're next.
- 5:05Speaker 5: You will be fine nearly one thousand dollars a day,
- 5:07Speaker 5: imprisoned and deported.
- 5:09Speaker 4: You will never return.
- 5:11Speaker 5: But if you register using our CBP home app and
- 5:14Speaker 5: leave now, you could be allowed to return legally.
- 5:17Speaker 4: Do what's right. Leave now.
- 5:20Speaker 5: Under President Trump, America's laws, order and families will be protected.
- 5:25Speaker 2: Sponsored by the United States Department of Homeland Security.
- 5:27Speaker 3: People don't tell your ninety seven percent of businesses and
- 5:30Speaker 3: in failure not because what they did wrong of the reasons.
- 5:34Speaker 3: Let me break it down pieces. You go to a
- 5:36Speaker 3: neighborhood restaurant every other weekend and going sis a kid
- 5:39Speaker 3: because the owner was the beacon, but he wants to
- 5:42Speaker 3: sell it, so the food is in season.
- 5:43Speaker 1: Of the customers see that and start leaving.
- 5:46Speaker 3: Now they got to shut the business down where you
- 5:48Speaker 3: eat in because the founder they want to keep it.
- 5:50Speaker 1: Another example to believe in.
- 5:52Speaker 3: Is how valuable is the product of those who need it?
- 5:55Speaker 1: Is it like breathing?
- 5:56Speaker 3: Is it worth pulling my wallet out with the visus?
- 5:58Speaker 3: Or should I pass because I ain't got financial freedom?
- 6:01Speaker 3: These are things you gotta take in account. A real
- 6:04Speaker 3: entrepreneur is never weigh in it out. They start one company,
- 6:07Speaker 3: let it making them out, and then sell it before
- 6:09Speaker 3: it gets placed in the trout to start another company
- 6:12Speaker 3: every couple of years after and then repeat those steps
- 6:14Speaker 3: kind of like stair masters.
- 6:16Speaker 1: This is not actually taught. These are gems that I'm dropping.
- 6:19Speaker 3: Hope they actually get caught. Another thing, stop trying to
- 6:22Speaker 3: actual support. If your product is good, then it's practically bought.
- 6:25Speaker 1: So if demand thinks.
- 6:26Speaker 3: It in and you feel that it's basic and you
- 6:28Speaker 3: don't support it.
- 6:29Speaker 1: Reinforce it with a statement.
- 6:31Speaker 3: Invest in their dreams and say this the best way
- 6:33Speaker 3: to predict the future is for you to create it.
- 6:36Speaker 3: And this is for the work of bees. Don't get cocky.
- 6:38Speaker 3: You get paid for your work. Don't be snoppies. Don't
- 6:41Speaker 3: actually be the boss yr hoh shit sloppy because a
- 6:43Speaker 3: brand new fighter just won't hit rocky.
- 6:45Speaker 1: Ownership's not a reward for work. That's a tay check.
- 6:48Speaker 3: Ownership's a reward for risk. That's the apex. Instead of
- 6:51Speaker 3: double tapping asses and muscles, google and research the path
- 6:55Speaker 3: to the hustle. Get you a mentor and asks about
- 6:57Speaker 3: the struggle. Learn from mistakes, don't brand, keep a subtle.
- 7:01Speaker 3: The last freestyle had the last nigga puzzle. I ain't
- 7:03Speaker 3: rap about a ring and I would flash.
- 7:05Speaker 1: On my knuckle. A couple of people said they.
- 7:07Speaker 3: Was trapped in the bubble to they heard my freestyle
- 7:09Speaker 3: and they asset to double some education that.
- 7:12Speaker 1: Gets you a portion for self, education that gets you
- 7:15Speaker 1: a fortune. Want to get rich. It's a passion.
- 7:18Speaker 3: Trust me and some people so poor. All they really
- 7:21Speaker 3: have is money. This verse ain't facetious. Take that lyric
- 7:24Speaker 3: down and break the words and pieces get you a
- 7:28Speaker 3: nice life. Work cohesion get you one step closer to
- 7:31Speaker 3: earn your leashon you heard it.
- 7:36Speaker 2: Listen, listen, listen, don't play yourself. Listen one take only.
- 7:46Speaker 2: Nikki Fast is burned down my house man. I'm glad
- 7:49Speaker 2: I got insurance. Lisia has been earned, y'all