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Study Hall: Why Groups & Business Partnerships Break Up · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 0:03
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 0:11
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
• 0:19
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 0:23
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 0:28
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 0:31
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 0:35
  Speaker 1: are here illegally, your next you will be fined nearly
• 0:39
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 0:43
  Speaker 1: never return. But if you register using our CBP home
• 0:46
  Speaker 1: app and leave now, you could be allowed to return legally.
• 0:50
  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 0:55
  Speaker 1: border and families will be protected.
• 0:57
  Speaker 2: Sponsored by the United States Department of Homeland Security.
• 1:00
  Speaker 3: Speaking of volatility, we want to talk about some shows
• 1:02
  Speaker 3: that are not having the greatest time or shall we
• 1:05
  Speaker 3: move forward?
• 1:06
  Speaker 4: Who are you talking about? What show you talking about?
• 1:08
  Speaker 5: What's the blueprint?
• 1:09
  Speaker 3: Having a long term running media Empire and show with
• 1:13
  Speaker 3: Shot and Troy.
• 1:15
  Speaker 5: Well we can skip it positive places.
• 1:19
  Speaker 3: That's a lot of breakups happening to Troy. Do you
• 1:21
  Speaker 3: have any marriage advice for those who may be going
• 1:23
  Speaker 3: through a tough time.
• 1:26
  Speaker 5: Yeah, communicate openly.
• 1:28
  Speaker 6: Communication is the key, and I've been big on being present, uh,
• 1:34
  Speaker 6: for for everyone in moments where you have allocated time.
• 1:40
  Speaker 6: So if I've made a day and I've said I'm
• 1:43
  Speaker 6: allocating to this, I'm dedicated to that, then my full
• 1:47
  Speaker 6: presence is there in that moment.
• 1:50
  Speaker 5: But as far as like our shows, I.
• 1:52
  Speaker 6: Think communication is the key, mutual respect is key, and
• 1:56
  Speaker 6: value add I think those those are three ooners that
• 2:01
  Speaker 6: we've seen some people lack.
• 2:02
  Speaker 5: But that's something that you know, we've heard try to
• 2:05
  Speaker 5: talk about a bunch, right.
• 2:06
  Speaker 6: We don't know how to effectively communicate with each other,
• 2:09
  Speaker 6: whether it be in the streets, whether it be in business,
• 2:12
  Speaker 6: whether it be on the team, and so it's a
• 2:15
  Speaker 6: skill that is not taught, but it's a skill that
• 2:17
  Speaker 6: needs to be learned. So if we can leave by demonstration,
• 2:20
  Speaker 6: so be it.
• 2:21
  Speaker 7: I would say as far as breakups, it almost impossible
• 2:26
  Speaker 7: that it ever works out.
• 2:28
  Speaker 4: There's always exceptions to the rule. Ninety percent of people.
• 2:31
  Speaker 7: When you look at music groups, when you look at podcasters,
• 2:35
  Speaker 7: people that left, they never made more money than what
• 2:37
  Speaker 7: they did when they were with the band.
• 2:40
  Speaker 4: The band never does better, migos, The band never does
• 2:43
  Speaker 4: better separately than it does collectively.
• 2:47
  Speaker 5: You said, I just said, I said, you agree, just
• 2:50
  Speaker 5: said that, not even sent.
• 2:53
  Speaker 7: So, because when you're leaving, you're looking at it from
• 2:57
  Speaker 7: like what you're not getting or you could be a
• 3:00
  Speaker 7: bigger star. It's never gonna be perfect, but the collective
• 3:07
  Speaker 7: made you who you are. Your ego is going to
• 3:10
  Speaker 7: drop you tremendously. Happens all the time. This is important
• 3:14
  Speaker 7: lesson for everybody to understand. You're never gonna be happy.
• 3:19
  Speaker 7: It's to be able to accept where you are.
• 3:22
  Speaker 3: It's always going to be harder to not be in
• 3:24
  Speaker 3: that spot that you're in if you don't like it too.
• 3:27
  Speaker 8: That's the other part. I don't think this talked about enough.
• 3:29
  Speaker 3: Is like bring more value than if you want more
• 3:31
  Speaker 3: value to be given to.
• 3:32
  Speaker 7: You, yeah, or just accept it like Dennis Rodman right
• 3:39
  Speaker 7: accepted his role as a rebounder's a defensive player, never
• 3:43
  Speaker 7: was a twenty point scorer, never led the league and
• 3:47
  Speaker 7: assists never you know, but that's his role for the team.
• 3:55
  Speaker 7: You leave the team, now you're putting your career at jeopardy.
• 4:00
  Speaker 7: So I think it's important to understand your role for
• 4:02
  Speaker 7: the team and accept it and be okay with it,
• 4:06
  Speaker 7: because when you leave, nine times out of ten, you're
• 4:13
  Speaker 7: going to be in a worse situation than you were previously.
• 4:16
  Speaker 7: Very rarely do you leave and you're in a better situation. Happens,
• 4:19
  Speaker 7: but most of the time it doesn't. Most of the time.
• 4:22
  Speaker 7: Most of the time when these groups break up, than
• 4:24
  Speaker 7: never the same. Can I ask something twelve was never
• 4:26
  Speaker 7: the same?
• 4:28
  Speaker 4: Jagged Edge is.
• 4:28
  Speaker 5: Not the one twelfth now Drew Hill got six members?
• 4:31
  Speaker 4: Fat Fat Boys was never the same?
• 4:33
  Speaker 5: In peace?
• 4:35
  Speaker 7: Can I ask them to your point because what you're
• 4:36
  Speaker 7: saying Rockefeller Records was never the same?
• 4:40
  Speaker 6: To the point of accepting your role inside of that acceptance,
• 4:43
  Speaker 6: it needs to be a level of excellence inside of it, right,
• 4:47
  Speaker 6: So like, if this is going to be my role,
• 4:49
  Speaker 6: then I need to be exceptional at it. I can't
• 4:52
  Speaker 6: be mediocre at it, Like I need to be exceptional
• 4:54
  Speaker 6: at it. So that analogy were used with Robin Yes
• 4:57
  Speaker 6: when he was on Detroit. He accepted that role, but
• 5:00
  Speaker 6: he made it a challenge to say, you know, I'm
• 5:02
  Speaker 6: going to be the best defender. I'm going to be
• 5:04
  Speaker 6: the best rebounder. I might not be the best teammate, right,
• 5:08
  Speaker 6: or maybe he is. Some of his teammates will say
• 5:09
  Speaker 6: he is, but I'm going to be I'm going to
• 5:11
  Speaker 6: be exceptional at.
• 5:12
  Speaker 5: The thing that my role has mitigated me to be.
• 5:14
  Speaker 6: And most people don't do that. They'll say, all right,
• 5:16
  Speaker 6: this is my role. Well, this is my role, this
• 5:18
  Speaker 6: is what I got to do. Nah, be great at it.
• 5:20
  Speaker 6: Be great at it because in the event that you
• 5:22
  Speaker 6: do leave, and like you said, most of the times,
• 5:24
  Speaker 6: not even said it probably won't work. But if you're
• 5:27
  Speaker 6: excellent and you excel at the role that you had,
• 5:30
  Speaker 6: you can take that role somewhere else. Now I'm probably
• 5:32
  Speaker 6: not gonna have the same level of success most times,
• 5:35
  Speaker 6: but you've excelled in an area, it's never going to
• 5:39
  Speaker 6: work out. Instead of looking at where you should be,
• 5:41
  Speaker 6: look at where you came from. You could be homeless, right,
• 5:46
  Speaker 6: and now y'all working together, and now you became a millionaire,
• 5:50
  Speaker 6: and you're thinking that you're.
• 5:51
  Speaker 4: Not where you should be, so you leave to pursue
• 5:54
  Speaker 4: your own personal thing.
• 5:56
  Speaker 7: But look at where you actually came from. It's actually
• 5:59
  Speaker 7: America that you actually achieved the success that you did achieve,
• 6:02
  Speaker 7: and that's because of the team work. So this is
• 6:04
  Speaker 7: a story we can kind of just keep saying over
• 6:06
  Speaker 7: and over again. It's going to keep happening because its
• 6:07
  Speaker 7: human nature. Human nature is always going to be proud ego.
• 6:11
  Speaker 7: It's always going to be somebody else in your ear.
• 6:13
  Speaker 7: It's the story of Othello. There's always going to be
• 6:15
  Speaker 7: whisperers in your ear that will so deceit, that will
• 6:20
  Speaker 7: feed your ego. And after a while, it's only so
• 6:22
  Speaker 7: much that a person can hear before they start to
• 6:26
  Speaker 7: believe with they're hearing.
• 6:28
  Speaker 4: And then it.
• 6:30
  Speaker 7: Changes the dynamic and now they start to be passive, aggressive,
• 6:35
  Speaker 7: They start to act out of character. They do things
• 6:39
  Speaker 7: like come late on purpose, a variety of different things
• 6:42
  Speaker 7: that you see happening. And this is bigger than just shows,
• 6:46
  Speaker 7: but it just happens in the workplace. It happens, and
• 6:50
  Speaker 7: no matter how many times, no matter how many examples
• 6:53
  Speaker 7: that you see, it's going to continue to happen because
• 6:57
  Speaker 7: human nature, especially men, human nature will always.
• 7:01
  Speaker 4: Lead to breakups it just happens.
• 7:05
  Speaker 7: Unfortunately, And like I said, you would think that people
• 7:07
  Speaker 7: would just learn from other people's success, like Yo, Nah,
• 7:11
  Speaker 7: Rockefeller was never jay Z is still jay Z. But
• 7:14
  Speaker 7: the vast majority are those people It didn't work out
• 7:17
  Speaker 7: for them the same way it was when they were together.
• 7:19
  Speaker 4: You would think like, all right, let's use this as
• 7:21
  Speaker 4: an example. No, it's not. It's gonna continue to happen.
• 7:26
  Speaker 3: Put out a post last week that a podcasts in
• 7:28
  Speaker 3: two point oh, this version of the business model was dead.
• 7:32
  Speaker 5: Erners, what's up?
• 7:33
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• 7:36
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• 7:40
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• 7:42
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• 7:47
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• 7:50
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• 7:53
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• 7:56
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• 8:00
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• 8:04
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• 8:07
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• 8:10
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• 8:14
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• 8:17
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• 8:18
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• 8:20
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• 8:23
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• 9:22
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 9:26
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 9:30
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 9:34
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 9:38
  Speaker 1: some of the heinous migrant criminals caught because of President
• 9:42
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 9:46
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 9:51
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 9:54
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 9:58
  Speaker 1: were here illegally, your you will be fine nearly one
• 10:02
  Speaker 1: thousand dollars a day, imprisoned and deported, you will never return.
• 10:07
  Speaker 1: But if you register using our CBP home app and
• 10:10
  Speaker 1: leave now, you could be allowed to return legally. Do
• 10:13
  Speaker 1: what's right. Leave now. Under President Trump, America's laws, border
• 10:18
  Speaker 1: and families will be protected.
• 10:20
  Speaker 2: Sponsored by the United States Department at Homeland Security.
• 10:23
  Speaker 3: And some people like, why are you still doing the show?
• 10:24
  Speaker 3: I'm like, well, our show has been profitable from inception.
• 10:28
  Speaker 3: I think the business models need to change. But if
• 10:30
  Speaker 3: we look at Spotify over the last fiscal years, spotify
• 10:33
  Speaker 3: profit margin is negative three point six percent. Operate margin
• 10:38
  Speaker 3: is negative six point nine percent. Gross margin is only
• 10:41
  Speaker 3: twenty four point nine and the ebit of margin is
• 10:43
  Speaker 3: negative five point four nine four percent. Return on assets
• 10:47
  Speaker 3: is negative twelve. Return on equity for Spotify's negative forty
• 10:51
  Speaker 3: two percent. So if they are a market maker and
• 10:53
  Speaker 3: they put a billion dollars into shows and they are
• 10:56
  Speaker 3: net negative, what does that tell you about most to
• 11:00
  Speaker 3: the people who are in the space. And I'm going
• 11:02
  Speaker 3: to say a lot of you music executives who tried
• 11:05
  Speaker 3: to pull the ok on a lot of black artists
• 11:07
  Speaker 3: and got them to run over the same trick that
• 11:09
  Speaker 3: you're trying to pull, We're not gonna let that shit fly.
• 11:13
  Speaker 3: I still can't get told with the real answer what
• 11:16
  Speaker 3: a show listener or a stream is worth.
• 11:20
  Speaker 7: And it happens like I read that, I read every comment.
• 11:23
  Speaker 7: This happens with this show. We've we've we've have a
• 11:27
  Speaker 7: partnership that works. We've had a platform, ian had expertise,
• 11:31
  Speaker 7: We've come together. It's a back and forth dynamic. It's
• 11:35
  Speaker 7: a ask questions, answers the questions. We add our commentary
• 11:39
  Speaker 7: to the questions. It's been a successful formula here. We've
• 11:43
  Speaker 7: done shows, we've done a world tour made money. This
• 11:48
  Speaker 7: is a formula that has worked. And I see comments
• 11:52
  Speaker 7: every once in a while, but I see comments in
• 11:54
  Speaker 7: I can't wait for you to leave and do your
• 11:56
  Speaker 7: own spell. Well that well, that's that's your soul, a
• 12:00
  Speaker 7: level of deceit that it's not needed. Yeah, but it's
• 12:07
  Speaker 7: also speaks to the level of dysfunction that we have
• 12:10
  Speaker 7: as people. I wouldn't even say this black people, just
• 12:12
  Speaker 7: as people, right. Yeah, whenever something works too well, we
• 12:17
  Speaker 7: want to ruin it. Mm hmmm, you want.
• 12:19
  Speaker 8: To change somebody's Like, Yo, y'all changed.
• 12:23
  Speaker 3: I know y'all didn't get to hang around Diddy byle
• 12:26
  Speaker 3: you still talking via O v T. I.
• 12:27
  Speaker 8: I'm like, I've been talking.
• 12:29
  Speaker 3: The same ship since then and I still ain't at puff, Like,
• 12:32
  Speaker 3: what are you talking about?
• 12:34
  Speaker 8: Like what we didn't get it.
• 12:36
  Speaker 3: I didn't get initiated into Dojah's Illuminati. Like and also
• 12:43
  Speaker 3: to even when doing more shows, if you most people
• 12:46
  Speaker 3: are not illuminati.
• 12:48
  Speaker 8: Shot to those the album decent. It sounds like the
• 12:50
  Speaker 8: funding out there.
• 12:51
  Speaker 3: But you know Sam smith Ian in his Illuminati, you know.
• 12:56
  Speaker 7: But now I stop doing that because they do that
• 12:58
  Speaker 7: all the time all the time. We'll be at the
• 13:01
  Speaker 7: NBA Finals and like, where's MG the mortgage guy. I
• 13:04
  Speaker 7: don't know, I don't know where's that? Like everybody's not
• 13:06
  Speaker 7: together all the time. Like I'm saying, like, stop doing that.
• 13:10
  Speaker 5: I think.
• 13:13
  Speaker 6: It happens if if you're not somewhere right and I'm there,
• 13:16
  Speaker 6: the first thing you'll ask.
• 13:17
  Speaker 5: Like I could be with my probably with his baby.
• 13:20
  Speaker 5: I don't know. They mean they see us together all.
• 13:23
  Speaker 4: The time, but stop doing that. It's unnecessary.
• 13:28
  Speaker 8: I told you before we were coming.
• 13:29
  Speaker 3: I did the podcast and this guy was like, man,
• 13:31
  Speaker 3: I'm missing when you were Risha, I argued, I'm like, why.
• 13:35
  Speaker 5: A shotty you switch roles with the end think you're
• 13:40
  Speaker 5: arguing that.
• 13:41
  Speaker 8: He can have another jacket.
• 13:42
  Speaker 5: Cool.
• 13:42
  Speaker 8: I'm so peaceful, drinking out little coconut water.
• 13:45
  Speaker 5: Yeah.
• 13:45
  Speaker 3: Cool, Because I told everybody like once I got done
• 13:48
  Speaker 3: yelling in the Vegas two years ago, and y'all don't listen. Cool,
• 13:51
  Speaker 3: I'm gonna let y'all deal with what I told you
• 13:52
  Speaker 3: about coin base. Oh god, you don't know, all right?
• 13:57
  Speaker 8: Cool?
• 13:58
  Speaker 3: I feel your coin base negative profit margin of eighty
• 14:01
  Speaker 3: two percent, negative operating margin of forty eight percent, negative
• 14:05
  Speaker 3: e but the margin of fifty point eight percent.
• 14:09
  Speaker 8: FTX blows up and.
• 14:10
  Speaker 3: Here comes Larry Fink and Jamie Diamond at the same
• 14:13
  Speaker 3: damn time, Like, let me pick up all these assets
• 14:16
  Speaker 3: to run the shit to the moment the.
• 14:17
  Speaker 7: Same damn Tom And once again, this is the last
• 14:21
  Speaker 7: thing I'll say about this as a business, because this
• 14:22
  Speaker 7: is a business.
• 14:23
  Speaker 4: Lesson here.
• 14:25
  Speaker 7: It's only gonna work if everybody can put their egos aside,
• 14:29
  Speaker 7: if everybody can accept their roles, and if everybody's eating,
• 14:32
  Speaker 7: that's the only way it's gonna work. It's not gonna
• 14:34
  Speaker 7: work if one of those things are missing out the equation,
• 14:36
  Speaker 7: it's not gonna work. Everybody has to eat, everybody has
• 14:39
  Speaker 7: to put their ego aside, and everybody has to accept
• 14:41
  Speaker 7: their roles and everybody rolls are different, and you have
• 14:43
  Speaker 7: to be okay with that. You have to be okay
• 14:45
  Speaker 7: that sometimes people will excel faster than you and they
• 14:50
  Speaker 7: will have different opportunities that you don't have, and that's
• 14:55
  Speaker 7: something that you have to be okay with. You're not
• 14:58
  Speaker 7: Everybody can't be Joe Montana. Yeah, everybody can't be Deon Sanders.
• 15:03
  Speaker 7: Everybody can't be Michael Jordan. Right, these are all champions.
• 15:07
  Speaker 7: The reason why I use these examples because everybody want
• 15:09
  Speaker 7: to ring. Everybody made money. Now, so made Michael Jordan
• 15:13
  Speaker 7: made more money than Craig Elow he did. He's he's
• 15:20
  Speaker 7: more of a special person. Yeah, he's more of a
• 15:24
  Speaker 7: special person.
• 15:26
  Speaker 5: A Champ. Steve Curry would be Steve. Yeah.
• 15:30
  Speaker 7: So when you're in your business, accept that, be okay
• 15:36
  Speaker 7: with it, and that's how everybody's going to accelerate. The
• 15:42
  Speaker 7: moment that you don't accept it and the moment that
• 15:44
  Speaker 7: you tried to fight against it, well, Kevin Durant left
• 15:48
  Speaker 7: one of the greatest teams of all time. There's no
• 15:51
  Speaker 7: need for that situation to happen. It was internal issues
• 15:55
  Speaker 7: from a variety of different people inside of the organization.
• 15:57
  Speaker 4: Shout to Katie.
• 15:58
  Speaker 7: I'm not blaming him, but I'm just saying this is
• 15:59
  Speaker 7: a This is a perfect example. You have literally one
• 16:01
  Speaker 7: of the greatest teams ever assembled. There's no need to
• 16:04
  Speaker 7: break it up. There's no need to pride and ego.
• 16:11
  Speaker 7: Not accepting your roles, not accepting people that are higher
• 16:15
  Speaker 7: levels than yourself. This is this. This goes back to
• 16:18
  Speaker 7: canaan a. This goes back to the beginning of time.
• 16:20
  Speaker 5: That's a great example.
• 16:20
  Speaker 7: This goes back to the beginning of time, Like, I mean,
• 16:22
  Speaker 7: we have to stop stop doing that because it's never
• 16:26
  Speaker 7: going to be the same.
• 16:27
  Speaker 4: It's never going to be the same.
• 16:28
  Speaker 5: That's a great example.
• 16:29
  Speaker 8: Jordan Pole called him an expensive backpack. He deserved that
• 16:33
  Speaker 8: plight for once that came out, I was like, what
• 16:35
  Speaker 8: you expect that?
• 16:37
  Speaker 6: That was what I mean, That's what he said, right,
• 16:39
  Speaker 6: Like when they got in that argument when Birst the Clippers,
• 16:42
  Speaker 6: when he didn't pass on the ball and there was
• 16:44
  Speaker 6: no repercussion. For he realized that the dynamics had changed,
• 16:48
  Speaker 6: and this is what's.
• 16:48
  Speaker 5: Gonna be somewhere he could stay.
• 16:50
  Speaker 4: Yep, be mindful, ladies and gentlemen.
• 16:54
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 16:57
  Speaker 1: in Massachusetts and MS thirteen gang member from Al Salvador
• 17:01
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 17:06
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 17:10
  Speaker 1: some of the heinous migrant criminals caught because of President
• 17:13
  Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States
• 17:17
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 17:22
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 17:26
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 17:29
  Speaker 1: are here illegally, your next you will be fined nearly
• 17:33
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 17:37
  Speaker 1: never return. But if you register using our CBP home
• 17:40
  Speaker 1: app and leave now, you could be allowed to return legally.
• 17:44
  Speaker 1: Do what's right. Leave now. Under President Trump America's laws,
• 17:49
  Speaker 1: border and families will be protected.
• 17:52
  Speaker 2: Sponsored by the United States Department of Homeland Security,