Latest / Earn Your Leisure / EYL #307 50 Cent EXPOSES His TV Empire Blueprint, Diddy’s Fall, $100M Deal, Spirits Ownership & Biggest Loss
Transcript
- 0:00Speaker 1: An illegal alien from Guatemala charged with raping a child
- 0:03Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
- 0:07Speaker 1: accused of murdering a Texas man of Venezuelan charged with
- 0:11Speaker 1: filming and selling child pornography in Michigan. These are just
- 0:15Speaker 1: some of the heinous migrant criminals caught because of President
- 0:19Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
- 0:23Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
- 0:28Speaker 1: crossings are at the lowest levels ever recorded, and over
- 0:31Speaker 1: one hundred thousand illegal aliens have been arrested. If you
- 0:35Speaker 1: are here illegally, your next you will be fined nearly
- 0:39Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
- 0:43Speaker 1: never return. But if you register using our CBP home
- 0:46Speaker 1: app and leave now, you could be allowed to return legally.
- 0:50Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
- 0:55Speaker 1: border and families will be protected. Sponsored by the United
- 0:58Speaker 1: States Department of Homeland Security.
- 1:02Speaker 2: I never took a straight path nowhere like felixs with
- 1:05Speaker 2: in terms bumps and bruises I live. I learned I'm
- 1:07Speaker 2: from that city full of yellow gadget Scott's Rapist's hard
- 1:11Speaker 2: to get a start these spots, but.
- 1:12Speaker 3: Out eight for homie.
- 1:13Speaker 2: I grew up in Hell, a block away from Heaven
- 1:16Speaker 2: on a fifteen minutes and move a seven pure snow begger.
- 1:20Speaker 2: Don't watch it go occupation, no options, get some blow
- 1:22Speaker 2: up some more, shoot the ball of the strap, learn
- 1:25Speaker 2: the rap of the jack. Get man in that meantime,
- 1:27Speaker 2: Go ahead and bump up pant and bump up pant.
- 1:29Speaker 4: Bump up pan.
- 1:31Speaker 5: Yeah yeah, they said it was not so. Yeah, they
- 1:35Speaker 5: said it was not so. Yeah.
- 1:38Speaker 3: This is so exciting.
- 1:40Speaker 4: I felt like I was supposed to perform so fifth man,
- 1:48Speaker 4: y'all could take your seats now, y'all can take your
- 1:50Speaker 4: seats now.
- 1:52Speaker 3: Before we start. How does this feel right?
- 1:57Speaker 6: Just to actually see over this is a room of
- 2:00Speaker 6: ten twelve thousand black people that's here to empower themselves
- 2:04Speaker 6: learn about entrepreneurship.
- 2:06Speaker 3: How does this failed to actually see this? This is amazing.
- 2:12Speaker 4: Just to see so many people here within the entrepreneur spirit.
- 2:15Speaker 4: You know that there's Beau. I have a disease, right,
- 2:18Speaker 4: It's called ambition. I contracted it from not having.
- 2:25Speaker 3: All right, and.
- 2:27Speaker 4: I'm just gonna always be going through an endlist tunnel
- 2:31Speaker 4: because I'll accomplish something and then I want to do
- 2:34Speaker 4: something different, my ideal change or something. Now, my ideas
- 2:38Speaker 4: are getting so big that it's changing even how I
- 2:43Speaker 4: like how I can deliver things. I have to be
- 2:45Speaker 4: conscious of what I'm saying or what I'm doing, because
- 2:48Speaker 4: the idea is going to disrupt my idea. Like a
- 2:51Speaker 4: lot of the music if you listen to the music
- 2:54Speaker 4: that's out right now, I have to tap into my stupid.
- 3:02Speaker 3: I have to tap into.
- 3:05Speaker 4: The stupid side of me to write the right thing
- 3:09Speaker 4: when it comes down to write the music. So sometimes
- 3:12Speaker 4: this is why I haven't created as much content as
- 3:14Speaker 4: I was creating in the past. And I started going
- 3:16Speaker 4: towards the film production and development of these projects because
- 3:19Speaker 4: I think I can impact things in a bigger way
- 3:24Speaker 4: through that. You know, like Tyler's been there all by himself,
- 3:28Speaker 4: try to disruptive. Yeah, I have a I know people
- 3:33Speaker 4: don't see it, but he invited me out to come
- 3:36Speaker 4: to his studios to show me his operation and everything
- 3:40Speaker 4: he had going on, and it's amazing.
- 3:42Speaker 3: I think. I mean, he inspired me. He inspired me.
- 3:47Speaker 4: I had the idea and already was going in that direction.
- 3:50Speaker 4: But when you can see the layout already. I can
- 3:53Speaker 4: prevent myself from making mistakes by not making the mistakes
- 3:57Speaker 4: he's made, because you know, having him around to communicate
- 4:01Speaker 4: with him is allowing me the ability to have information
- 4:05Speaker 4: I wouldn't have privy to, you know, So it's cool.
- 4:09Speaker 4: He texted me right before before I got here, asked
- 4:12Speaker 4: me when I would be back in Atlanta, and following this,
- 4:16Speaker 4: I'll go to California, so I have to catch up
- 4:18Speaker 4: with him after.
- 4:19Speaker 3: Yeah, that, I mean, mentorship is important. People.
- 4:22Speaker 5: Obviously we know you from your music career, legendary get Richard,
- 4:25Speaker 5: I try and we heard the music aggressive in nature, right,
- 4:29Speaker 5: but Curtis Jackson right, the businessman. Are some of the
- 4:33Speaker 5: same characteristics that you translate as the artists, do they
- 4:37Speaker 5: carry over to you as the business icon that you became.
- 4:40Speaker 5: Do you need to be aggressive? Do you need to
- 4:41Speaker 5: be start?
- 4:42Speaker 3: Like? What are some of those things that transfer? I
- 4:44Speaker 3: think when you have when you're aggressive?
- 4:48Speaker 4: Did you have a if people ever had even a
- 4:51Speaker 4: little bit of fear of you, you had a second
- 4:54Speaker 4: career at making them laugh?
- 4:56Speaker 3: You know?
- 4:56Speaker 4: So you watch guys like like Mike Tysman like I am,
- 5:00Speaker 4: and then you see him and hangover. You see him
- 5:02Speaker 4: in a comedy film and it connects because they go.
- 5:05Speaker 3: Look, he's great. I met Mike. People is great. He
- 5:07Speaker 3: didn't even bite my fucking year, you know, like it
- 5:10Speaker 3: was like because they expect the worst from you.
- 5:12Speaker 4: Then when they have an experience, and the experience would
- 5:16Speaker 4: be a pure normalcy, but it'll feel like a lot
- 5:20Speaker 4: more at that point. And for me, the aggression when
- 5:23Speaker 4: I end up in the business setting this, it's a
- 5:26Speaker 4: lot easier.
- 5:27Speaker 3: To deal with me.
- 5:27Speaker 4: I do struggle with one thing, right, I do struggle
- 5:29Speaker 4: with the growing up in a different environment. Like sometimes
- 5:38Speaker 4: I deal with attorneys and a lot of times I'm
- 5:41Speaker 4: dealing with attorneys. Right, I've spent over twenty twenty one
- 5:44Speaker 4: million dollars in legal fees since you seen me. I
- 5:49Speaker 4: spent a million dollars a year in legal fees. Now
- 5:52Speaker 4: as I have general counselor, I have people that is
- 5:55Speaker 4: just around. The more that they talk about you being
- 5:58Speaker 4: a billionaire, the more you better put your ass in
- 6:04Speaker 4: the house so you find to get sued. They trip
- 6:10Speaker 4: over some shit, all fifty, why'd you do that on purpose?
- 6:13Speaker 4: What the fuck did I do? Now it's a little different,
- 6:22Speaker 4: like you know I watched the like having opportunities at
- 6:27Speaker 4: different points because I started off versus the music. It connects,
- 6:31Speaker 4: it works, and it allows me the popularity and the
- 6:34Speaker 4: ability to financially invest in different things.
- 6:37Speaker 3: Right, and.
- 6:39Speaker 4: I'm better on the things that I know. I can
- 6:42Speaker 4: influence myself if I know the momentum and the music
- 6:46Speaker 4: was there.
- 6:46Speaker 3: So I was betting on.
- 6:47Speaker 4: New artists and developing the artist's career, and then sometimes
- 6:51Speaker 4: they couldn't come up with the right stuff. So I
- 6:53Speaker 4: was writing it for all because I could do it
- 6:56Speaker 4: myself like at that point. But then I still wanting
- 6:59Speaker 4: to do different things, and I went with to the
- 7:02Speaker 4: film projects early.
- 7:05Speaker 3: I had I started.
- 7:06Speaker 4: I did the biggest straight to DVD movie deal ever.
- 7:11Speaker 4: I thought I was making movies because we're gonna put
- 7:13Speaker 4: them in the theater, and they was just going straight
- 7:18Speaker 4: to DVD. But there was straight to DVD. Now it's
- 7:21Speaker 4: straight to stream it. So it's straight to your Netflix,
- 7:26Speaker 4: it's straight to your Hulu, it's straight to your you know,
- 7:29Speaker 4: like when it was Will Smith, when Will did the
- 7:32Speaker 4: movie directly with Netflix, it changed how people perceived those
- 7:36Speaker 4: those projects. Yep, it's the Monster film and there's a
- 7:41Speaker 4: I watched it, and because there's a there used to
- 7:44Speaker 4: be a line, a clear line between television and film
- 7:46Speaker 4: production and actors that were successful on TV, the film
- 7:53Speaker 4: actors wouldn't go near them like they would stay away
- 7:56Speaker 4: from it because they felt like it was a higher
- 7:58Speaker 4: grade E quality that they want to stay more cachet
- 8:01Speaker 4: to you be in a movie star than you be
- 8:02Speaker 4: in a television star. But now we're producing premium projects
- 8:08Speaker 4: that allow uc Forrest Whittaker and Godfather Harlem. You see
- 8:12Speaker 4: Academy Award winning actors choosing television because it builds a
- 8:16Speaker 4: consistency and they can pay out the money. They will
- 8:19Speaker 4: keep the talent happy but staying there. But you do
- 8:23Speaker 4: need to know with power. Everybody told me no. I
- 8:29Speaker 4: pitched that show to all of the networks and they
- 8:32Speaker 4: were like nope. And I wanted to make the projects
- 8:36Speaker 4: so bad that I went and I recorded eight songs
- 8:41Speaker 4: because the last place they spend money in television production
- 8:44Speaker 4: is music, and it's.
- 8:47Speaker 3: Just the last.
- 8:48Speaker 4: The director will put together his dream sequence of music
- 8:51Speaker 4: this is under it, and you watch his version of it,
- 8:53Speaker 4: and then the music supervisor will come in and change
- 8:57Speaker 4: it to something it feels the same. It doesn't cost anything.
- 9:02Speaker 4: And you know, if it wasn't sell on iTunes, I
- 9:05Speaker 4: really don't. I don't want the shit in my project.
- 9:09Speaker 4: That's why I made the theme music for the projects,
- 9:12Speaker 4: because I said it has to be good enough too
- 9:16Speaker 4: for them to feel something when it comes on, like
- 9:19Speaker 4: I felt when you know, we had television shows like
- 9:22Speaker 4: Good Times when that came on.
- 9:25Speaker 3: You felt something.
- 9:28Speaker 4: Times Temporary Relay off.
- 9:38Speaker 5: Yeah, and I'm thinking about it. It's pretty powerful, right
- 9:42Speaker 5: because we come from an era where like even now,
- 9:44Speaker 5: you go into a club and they might be playing
- 9:45Speaker 5: the Fresh Prince theme song, But now I'm watching you
- 9:48Speaker 5: perform the Power theme song. Talk about the intentionality of
- 9:53Speaker 5: defying the no right, because you could have just said,
- 9:56Speaker 5: all right, well maybe this is not for me.
- 9:59Speaker 3: Right. You had some success film, but television wasn't that. Yeah,
- 10:02Speaker 3: talk about.
- 10:03Speaker 5: Defining the odds to say I'm gonna film this thing
- 10:05Speaker 5: anyway for power.
- 10:06Speaker 4: Oh when yeah, when they're telling me no, I'm like,
- 10:10Speaker 4: why do you keep telling me no?
- 10:11Speaker 3: Like? I want to.
- 10:12Speaker 4: I want to do it, like because because like music
- 10:16Speaker 4: is like we can make it at home. We can
- 10:22Speaker 4: go get a track from YouTube. The producer recorded on
- 10:26Speaker 4: your laptop put it on iTunes on YouTube and it
- 10:31Speaker 4: can go. Like the film projects, there was a resistance
- 10:34Speaker 4: that I didn't I wasn't accustomed to feeling that.
- 10:36Speaker 3: Like, and.
- 10:39Speaker 4: When I came back with the music and we pitched
- 10:41Speaker 4: it and I was playing, and I was talking to
- 10:43Speaker 4: Chris Albert because at the time, Chris I always recognized
- 10:45Speaker 4: him because he's an innovative thinker. He's one of those
- 10:49Speaker 4: guys that can see it. Like when I he gave
- 10:53Speaker 4: me the green light on the project, right, and it
- 10:57Speaker 4: was I only was getting seventeen thousand dollars to pay
- 11:00Speaker 4: a reoccurring character, the Canan character to be the executive producer,
- 11:06Speaker 4: and damn they'd be the music supervisor for the project
- 11:10Speaker 4: and they wouldn't accept the cast of power for three seasons.
- 11:15Speaker 3: Good Morning America, Like.
- 11:17Speaker 4: I was at the nightclub last night, and they'd be like, yo,
- 11:19Speaker 4: if he doesn't come, we don't even want to.
- 11:24Speaker 3: I just came from the night club.
- 11:26Speaker 4: It's like Good Morning America's it's like four thirty five
- 11:28Speaker 4: o'clock in the morning. So I was like, all right,
- 11:30Speaker 4: just give me a suit. Put the suit on. I
- 11:35Speaker 4: was a little agitated. If you look back at those interviews.
- 11:37Speaker 4: I didn't want to answer those questions. I'm like, bro,
- 11:41Speaker 4: don't why am I doing this? Like they pay me
- 11:45Speaker 4: more to go to the nightclub just to just go
- 11:49Speaker 4: all right, So I just wanted to do it and
- 11:52Speaker 4: then I kind of got them pregnant with the idea.
- 11:54Speaker 4: You see what it turned into. It turned into four
- 11:57Speaker 4: shows and in the universe, it's been number one in
- 12:01Speaker 4: African American the Latina household for ten years. So speaking
- 12:08Speaker 4: of speaking of your empire that you built, you have
- 12:12Speaker 4: recently Shreveport, Louisiana. Right, talk about why shreport and what
- 12:19Speaker 4: is Zach that you're doing in Streetport? And somebody from
- 12:21Speaker 4: Streetport in the back streetports in the house. Hey, no
- 12:25Speaker 4: more ratchet than my city. They Shreveport got a nickname.
- 12:32Speaker 4: They called it Ratchett City. I don't like the idea
- 12:36Speaker 4: that I want to change that. But when I get
- 12:43Speaker 4: to Streeport, it was a taxi center event, And funny enough,
- 12:47Speaker 4: I have a relationship with Ivy Learner and he owned
- 12:51Speaker 4: Millennium Studios that was the previous studio that was in Streeport,
- 12:54Speaker 4: so he there and he also owns a studio in
- 12:59Speaker 4: Bulgaria that I shot the last expendables, which Stallan Jason
- 13:05Speaker 4: saved them. Megan Fox and Adulph London out there with him,
- 13:10Speaker 4: and I kind of got my when I was telling
- 13:12Speaker 4: you guys about my business model for film kind of
- 13:15Speaker 4: came through him, like I would think that the project
- 13:19Speaker 4: will be as good as what we put on paper,
- 13:21Speaker 4: and if we bring the right passionate group of talent
- 13:24Speaker 4: together to portray those characters, that it'll be something that's
- 13:29Speaker 4: really exciting at the end of it. But they look
- 13:31Speaker 4: at a feature film like, because you got to make
- 13:34Speaker 4: the bulk of the money back in three weekends, you
- 13:38Speaker 4: got a minute in thirty seconds to make people say
- 13:40Speaker 4: I want to see that.
- 13:41Speaker 3: And this is why it's a small group.
- 13:43Speaker 4: Of people that consistently sell the feature film like we
- 13:47Speaker 4: see Denzel Washington, we go, yeah, I think I'm gonna
- 13:50Speaker 4: check that one out.
- 13:53Speaker 3: Because and they get to keep them in a in a.
- 14:00Speaker 4: To pick projects that consistently are good. So if it's
- 14:04Speaker 4: if it's stallone and it's on genre, it's the action film,
- 14:07Speaker 4: they know how much they could get forward in each
- 14:09Speaker 4: one of the territories, and they're selling it on a
- 14:10Speaker 4: poster before you can even look at the frame of film,
- 14:15Speaker 4: So I'm like, that's not what I thought it was,
- 14:18Speaker 4: like how it works, And then I kind of got
- 14:21Speaker 4: a clearer understanding from that experience, and then you learn
- 14:25Speaker 4: from mistakes. I was working with the wrong people early
- 14:30Speaker 4: on and and ran the limit. I got him from
- 14:35Speaker 4: obvious crew. Yeah he was and he was the wrong guy,
- 14:39Speaker 4: so he found out about me later.
- 14:45Speaker 5: Yeah, So what you know, we were talking about stage
- 14:50Speaker 5: with that stage and one of the things that you
- 14:51Speaker 5: both have in common is that you've been able to
- 14:54Speaker 5: navigate different networks kind of seamlessly. Right. You got to
- 14:58Speaker 5: show on ABC, you were on Stars, You're streaming on Peacock.
- 15:04Speaker 5: Tell us about the leverage of using the platforms to
- 15:07Speaker 5: your advantage and what's the plan, Like how.
- 15:09Speaker 3: Do you pick them right?
- 15:11Speaker 5: When do you decide that this is the perfect partner
- 15:13Speaker 5: on Netflix to now say I want to stream or
- 15:15Speaker 5: put programming.
- 15:16Speaker 4: On the relationships like I'm pitching, you pitch the projects
- 15:20Speaker 4: to the same group of people, so you may get
- 15:23Speaker 4: a chance to pitch through the top networks, whether it's Netflix,
- 15:27Speaker 4: Hulu or Peacock or these different people. And because I
- 15:33Speaker 4: had an overall deal, Stars had to tell me no
- 15:36Speaker 4: before I could go out to go sell the shows
- 15:39Speaker 4: like a first right of refusal. Yeah, it's the first
- 15:41Speaker 4: right refusial. And because of that, I'm like the easiest
- 15:46Speaker 4: person to say no to. They told me no, I
- 15:49Speaker 4: sold it. The ABC told me no, I sold it.
- 15:52Speaker 4: The Peacock told me, know they sold over here. They
- 15:57Speaker 4: did that until I accumulated, like I currently have twenty
- 16:00Speaker 4: four shows across ten different networks. And I was saying
- 16:10Speaker 4: the same thing that they said to me when I
- 16:13Speaker 4: was trying to pitch power.
- 16:15Speaker 3: Why do you keep telling me no?
- 16:18Speaker 4: You're telling me no, I'm like, what, it doesn't mean
- 16:20Speaker 4: I'm not gonna do it. It just means, Okay, you're
- 16:24Speaker 4: not the right person to have success with me at
- 16:26Speaker 4: the present moment.
- 16:27Speaker 3: These people will have successful.
- 16:34Speaker 4: And I learned, you know, I've seen some people fail upward,
- 16:38Speaker 4: like they'll they'll you go, damn, how the hell did
- 16:42Speaker 4: you get into a CEO position?
- 16:43Speaker 3: You stupid motherfucker?
- 16:47Speaker 4: Like you know, they think the job is to say no,
- 16:51Speaker 4: to hold on to the money, to not spend it,
- 16:54Speaker 4: even when it's the right opportunity or it's the right project,
- 16:56Speaker 4: it's the right situation. And I look at it and go,
- 17:00Speaker 4: I simplify things. If I have a hit, I just
- 17:02Speaker 4: want more of the hit. Like when they asked me,
- 17:05Speaker 4: they say, well you did you did great, So what
- 17:07Speaker 4: do you want to do next? And I'm like, more
- 17:09Speaker 4: of what I just did, like yeah, example, yeah, like
- 17:14Speaker 4: well it was My film and television career is mirroring
- 17:20Speaker 4: what my music career was. My first album, it's the
- 17:26Speaker 4: largest debut on hip hop album. So thirteen million records.
- 17:30Speaker 4: Get Richard Dot tryan absolute classic.
- 17:34Speaker 5: Now we need more noise for getting Richard Do Trying.
- 17:36Speaker 5: I gotta stop playing God damn, I'll right.
- 17:42Speaker 4: And then the first television show is the highest rated
- 17:45Speaker 4: show on that particular network, So it makes gives you
- 17:48Speaker 4: the cachet that kind of allowed me a little more
- 17:55Speaker 4: leverage with the things what you say, what you're saying, man,
- 18:04Speaker 4: I don't even like them. I'm gonna tell you the truth,
- 18:08Speaker 4: right because me and you are having this personal conversation
- 18:12Speaker 4: right now, I really don't like these people, right, But
- 18:18Speaker 4: it's not about me liking them or them liking me.
- 18:21Speaker 3: It's about what's good for business.
- 18:23Speaker 2: Right, So that you think that like that, like when
- 18:25Speaker 2: I say things online, I say yo, it.
- 18:27Speaker 3: Looks like oh they all went to school on a
- 18:29Speaker 3: small yellow bus.
- 18:31Speaker 4: Say some wild ship to them people man like they
- 18:33Speaker 4: look at go wait say get his phone, or he
- 18:37Speaker 4: say some more shit like you know what I mean. Like,
- 18:39Speaker 4: but this is one of those things where I don't
- 18:42Speaker 4: want to like, I don't want to make the other
- 18:47Speaker 4: executives afraid to work with me. Right, But that particular
- 18:52Speaker 4: person because they look I think the one of the
- 18:55Speaker 4: unwritten laws of businesses appear not to need anything. Does
- 19:02Speaker 4: everybody will do your favor when you don't need one,
- 19:05Speaker 4: if they can expect, if they can expect the bigger
- 19:07Speaker 4: favor in return or favor from you, as some later point,
- 19:11Speaker 4: they'll find the ability to just do it.
- 19:12Speaker 2: Heah, no problem. That's why they tell me, no I
- 19:16Speaker 2: go the television sit they on strike. I said, okay,
- 19:22Speaker 2: I'm on tour.
- 19:26Speaker 3: All right.
- 19:28Speaker 4: That last tour I did with one hundred and three shows.
- 19:33Speaker 3: It's the third highest Groson hip hop tour ever key
- 19:38Speaker 3: word ever. And I only.
- 19:44Speaker 4: Decided I decided to go because it was on strike.
- 19:47Speaker 4: So I'm like, Yo, no, no new album, no nothing,
- 19:49Speaker 4: I'm ready. But that's why you did the tour because
- 19:52Speaker 4: there was a writer strike. Yeah, because the writer strike
- 19:54Speaker 4: and the television. I'm like, now I'm going to tour,
- 19:57Speaker 4: and they going I'm like, YouTube, we don't still on tour.
- 20:00Speaker 4: Tell me I need a new record. This motherfuckers ain't
- 20:02Speaker 4: put a record out of there a hundred years.
- 20:08Speaker 3: And then it worked out. It worked out like you know.
- 20:10Speaker 4: And my audience, I'd like to say this, My core
- 20:13Speaker 4: audience was in college during two thousand and three.
- 20:15Speaker 3: Right, stay here, right now, and I love you.
- 20:23Speaker 4: If you just made noise, I love you because without you,
- 20:26Speaker 4: I wouldn't be successful.
- 20:30Speaker 3: See that chord, that noise that you heard from O three.
- 20:36Speaker 4: Their social experience is so important to them at that
- 20:40Speaker 4: point that they party every available moment away from their schoolwork.
- 20:46Speaker 4: So when you got the right song, you go, oh shit,
- 20:48Speaker 4: Like people don't agree on a lot.
- 20:50Speaker 3: How many people Republican in here? Be careful that motherfucker man.
- 21:00Speaker 3: Now they don't tumble them after that. Hey, look you
- 21:03Speaker 3: trying to set them up. We shot a lot of
- 21:06Speaker 3: them up. Now, it's all good, it's all we set it. Now.
- 21:10Speaker 4: I want you try to partner him. The brother made
- 21:13Speaker 4: some money. He thinks he a Republican. Now he said,
- 21:20Speaker 4: wait a minute. He looked around.
- 21:23Speaker 3: Oh, ship. He said, what the fuck fifty sent me up? Uh,
- 21:32Speaker 3: we didn't invest fast.
- 21:33Speaker 4: You know I think that look at points, the things
- 21:38Speaker 4: that go on, like they.
- 21:39Speaker 3: Are conscious of finance. Now Republicans, this is true.
- 21:43Speaker 4: So he's made some money, he said, fuck that.
- 21:51Speaker 5: One of the things we talk about, especially in this
- 21:53Speaker 5: crowd is access to capital, especially for black entrepreneurs, black
- 21:57Speaker 5: business founders in your space, money that comes from advertising.
- 22:01Speaker 5: I wonder do we face challenges the same way that
- 22:05Speaker 5: entrepreneurs are facing when it comes to getting dollars from corporate.
- 22:10Speaker 4: Initially, when I get into a new venture, I finance
- 22:13Speaker 4: it like I usually use my money to start, and
- 22:17Speaker 4: then as we get into new positions, I may take
- 22:21Speaker 4: investment dollars.
- 22:21Speaker 3: But like if you look.
- 22:22Speaker 4: At Branson, Kooniak and the Shiman to watch Champagne, I
- 22:27Speaker 4: own the entire company like those.
- 22:29Speaker 3: It's right, that's completely black owned. Well, I went, so
- 22:37Speaker 3: I want to talk about that. It's right sire Spirits.
- 22:39Speaker 6: Yeah, so Sia Spirits completely black owned, Like you said,
- 22:43Speaker 6: like a company. Talk about that cause I know you
- 22:46Speaker 6: had challenges before that, right, so talk about that whole situation. Yeah,
- 22:50Speaker 6: you run into you have the experience for major corporations
- 22:54Speaker 6: like me. My particular experience for being Centori, it was, uh,
- 23:00Speaker 6: it was great in the beginning. It's great for us
- 23:05Speaker 6: to work for them.
- 23:08Speaker 4: It's not so cool when you start to own things,
- 23:12Speaker 4: you see what I'm saying. So I made a lot
- 23:14Speaker 4: of money with them too. Like there's a point they
- 23:17Speaker 4: did a deal that mirrored what Puffy's deal with the
- 23:20Speaker 4: Agio was for Sarah. So he didn't have ownership or
- 23:24Speaker 4: that at any point, but he was getting a line
- 23:26Speaker 4: of money like almost like sixty million dollars a year
- 23:29Speaker 4: at one point. So when you see him go to
- 23:35Speaker 4: daily on is when you see him have some issues
- 23:39Speaker 4: and they not they get bad, you know, and these
- 23:43Speaker 4: people have really strong relationships. Don't think that the civil
- 23:48Speaker 4: case doesn't turn into a criminal case faster because he's
- 23:53Speaker 4: making that them uncomfortable.
- 23:56Speaker 3: That's a big part of it, you know what I mean.
- 23:58Speaker 3: Like you look when you go.
- 23:59Speaker 4: To uh the Spirits businesses, it's not governed. They got
- 24:05Speaker 4: a discus board that they created. Right if you got
- 24:08Speaker 4: two companies did three billion dollars a year and being
- 24:12Speaker 4: Centoria and the Agio, the distribution level, it's very hard
- 24:18Speaker 4: for you to get things to a point where you can.
- 24:20Speaker 3: Do the numbers the right numbers.
- 24:23Speaker 4: So it's kind of like they provide the centivize the
- 24:27Speaker 4: salesforce by giving them box bonuses, and then when you
- 24:30Speaker 4: sell the product, you get the bonuses off the boxes
- 24:32Speaker 4: just there.
- 24:33Speaker 3: But you make that no matter what product you selling.
- 24:38Speaker 4: So if you sell Hennessy or Remy out the gate,
- 24:42Speaker 4: they start to put downward pressure on the new companies.
- 24:46Speaker 3: You see.
- 24:46Speaker 4: I added a lawsuit with with Remy. They said that
- 24:49Speaker 4: because I had an oval shaped bottle that there was
- 24:54Speaker 4: some sort of product confusion, and I'm like, where it's
- 24:58Speaker 4: a big B in the middle of the fucking bottle.
- 25:00Speaker 4: You don't own the shape, the whole shape of the bottle,
- 25:04Speaker 4: you know. And then we had went in there for
- 25:07Speaker 4: a little while until it came at you know, I
- 25:12Speaker 4: started saying shit like seventeen thirty eight, I bet they
- 25:17Speaker 4: had slaves. Then shit got uncomfortable and it was like, look, look, look, relax, okay,
- 25:29Speaker 4: can't we make donations to existing foundations make you feel happy?
- 25:36Speaker 3: Yeah?
- 25:39Speaker 4: Yeah, it kind of it went away, but they do
- 25:42Speaker 4: spend sixty three million dollars targeting African American mail consumers
- 25:48Speaker 4: a year.
- 25:50Speaker 3: Remy remy specifically, you know.
- 25:53Speaker 4: So that's why that would be uncomfortable me making those statements.
- 25:56Speaker 4: And it's risk versus rewarded. Doesn't make sense to fight
- 25:59Speaker 4: to fight, so they said, let's just let that go. Yeah,
- 26:03Speaker 4: but you know they kind of they ripped me off too, man,
- 26:07Speaker 4: God damn.
- 26:07Speaker 3: It, they did.
- 26:10Speaker 4: They ripped me off because because one of the hey
- 26:12Speaker 4: guys is that that has a sales for being Sentury,
- 26:17Speaker 4: they set up a play and uh, they were able
- 26:24Speaker 4: to send a letterhead from being Sentry over to France
- 26:27Speaker 4: and get the Champagne company to commit to coming out
- 26:30Speaker 4: and talking to them. And they have these things like
- 26:33Speaker 4: it's a will you put agency fees like someone who
- 26:40Speaker 4: contacted your grower or a person who's producing the cornact
- 26:44Speaker 4: for you and made the deal for you, and they
- 26:47Speaker 4: put agency fees on the product. To give you an
- 26:49Speaker 4: example of the scheme that they put together, it is
- 26:52Speaker 4: like say you wanted to sell T shirts and I
- 26:56Speaker 4: go to China for you and telling people in China
- 27:01Speaker 4: how much can you make the shirt for? And they
- 27:02Speaker 4: tell me four dollars And then I come back and
- 27:04Speaker 4: I tell you, yo, they said eight dollars. And then
- 27:08Speaker 4: every time you send the check to the producer. They
- 27:16Speaker 4: just put four dollars on the side foot for them
- 27:18Speaker 4: every time.
- 27:21Speaker 3: Earners. What's up?
- 27:22Speaker 7: You ever walk into a small business and everything just
- 27:25Speaker 7: works like The checkout is fast, the receipts are digital,
- 27:28Speaker 7: tipping is a breeze, and you're out the door before
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- 27:36Speaker 7: love supporting businesses that run on Square because it just
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- 28:17Speaker 7: Square dot com backslash, go backslash eyl. Don't wait, don't hesitate,
- 28:22Speaker 7: Let Square handle the back end so you can keep
- 28:25Speaker 7: pushing your vision forward. This episode is brought to you
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- 29:11Speaker 1: An illegal alien from Guatemala charged with raping a child
- 29:15Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
- 29:19Speaker 1: accused of murdering a Texas man of Venezuelan charged with
- 29:23Speaker 1: filming and selling child pornography in Michigan. These are just
- 29:27Speaker 1: some of the heinous migrant criminals caught because of President
- 29:31Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
- 29:35Speaker 1: Secretary of Homeland Security under President Trump attempted illegal border
- 29:40Speaker 1: crossings are at the lowest levels ever recorded, and over
- 29:43Speaker 1: one hundred thousand illegal aliens have been arrested. If you
- 29:46Speaker 1: are here illegally, your next you will be fined nearly
- 29:50Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
- 29:54Speaker 1: never return. But if you register using our CBP home
- 29:58Speaker 1: app and leave now, you could be allowed to return legally.
- 30:02Speaker 1: Do what's right.
- 30:03Speaker 4: Leave now.
- 30:04Speaker 1: Under President Trump, America's laws, border and families will.
- 30:09Speaker 3: Be protected sponsored by the United States Department of Homeland Security.
- 30:12Speaker 4: So they they ciphered off about six million dollars from
- 30:17Speaker 4: me in the very beginning, and then it the legal
- 30:25Speaker 4: fees has been almost a whole nother almost ten million dollars.
- 30:30Speaker 4: So I put like seventy million dollars into Branson and.
- 30:35Speaker 3: The Shima.
- 30:37Speaker 4: As a company that this is for my son, The
- 30:41Speaker 4: said spirits, like later he can take this one, you know.
- 30:44Speaker 4: But you also went to Congress with Ben Krump. You
- 30:47Speaker 4: went to Congress, Yeah, with bing Krump right to advocate.
- 30:50Speaker 3: What was that for.
- 30:51Speaker 4: Yeah, I remember the Black Caucus and we've been we
- 30:55Speaker 4: went out there and talked about it. Because they're not
- 30:58Speaker 4: being policed like at that the discuss board tells them
- 31:03Speaker 4: to pay a fine. How much does the fine mean
- 31:05Speaker 4: when you're a three billion dollar company? Just do what
- 31:09Speaker 4: I want and if you catch me, I just pay
- 31:11Speaker 4: the fine. It doesn't matter.
- 31:13Speaker 3: You still just do what you want.
- 31:15Speaker 4: And then you know, so they look into that particular category.
- 31:18Speaker 4: This is why you don't see a whole lot of
- 31:20Speaker 4: us owning the brands that we're consuming. But when I
- 31:23Speaker 4: was pointing out, because I jumped around a little bit,
- 31:26Speaker 4: I got a habit of doing that, right. But I
- 31:29Speaker 4: said that my core audience was in college in two
- 31:31Speaker 4: thousand and three.
- 31:32Speaker 3: And party in at every available moment. Right when they
- 31:39Speaker 3: identified that they were.
- 31:40Speaker 4: In charge of them, Like she's I'm a grown woman.
- 31:45Speaker 3: She decides, you're gonna have some of this. You're gonna
- 31:46Speaker 3: have some of this. Now. Look when he's there and
- 31:51Speaker 3: things go exactly the what they're supposed to do, and
- 31:54Speaker 3: they connect.
- 31:56Speaker 4: The experience for made people relax and enjoy themselves is
- 31:59Speaker 4: the music yourself, and they connect that it's not finding
- 32:04Speaker 4: a new audience, it's finding your core audience again because
- 32:07Speaker 4: we do the same things that we did at that
- 32:09Speaker 4: point a different way. Later in life. You have the
- 32:12Speaker 4: drink that you would have at the nightclub. In the
- 32:14Speaker 4: privacies of your home. You might have wine when you
- 32:16Speaker 4: have some need in success, you have a wine cellar
- 32:22Speaker 4: or bar in your house, so you can invite the
- 32:25Speaker 4: people that you're comfortable with over and have that drink
- 32:28Speaker 4: instead of being at the nightclub with your kids.
- 32:30Speaker 3: Now, if you are at the nightclub with your kids,
- 32:34Speaker 3: that's a whole other category.
- 32:35Speaker 4: Teach yourself, I mean, that's a whole other Some people
- 32:38Speaker 4: make different choices, like again, this last tour, right, look,
- 32:43Speaker 4: this last tour, it was different.
- 32:46Speaker 3: It was different from all my experiences touring because.
- 32:50Speaker 4: This time when I was like, I was performing and
- 32:52Speaker 4: I looked out in the crowd and I see like
- 32:55Speaker 4: really attractive women. I said, I said, damn, baby, where's
- 33:03Speaker 4: your mother? You were way too young for me to
- 33:13Speaker 4: twenty three.
- 33:16Speaker 5: Yeah, that's how I felt. It was a little different
- 33:19Speaker 5: that toime, it's super intentional about naming it. Siah Spirits. Recently,
- 33:28Speaker 5: watching an interview, you said, You're not in the rush
- 33:30Speaker 5: to be a billionaire.
- 33:31Speaker 3: Anything you want you can have.
- 33:33Speaker 5: It's about him, which is important because we really haven't
- 33:35Speaker 5: seen generational wealth.
- 33:37Speaker 3: We've seen people get wealthy.
- 33:39Speaker 5: We've never seen it being passed down as you're going
- 33:42Speaker 5: through it and learning lessons, and it seems like you're
- 33:44Speaker 5: learning from other people's mistakes and correcting them. Are you
- 33:48Speaker 5: implement Are you having him around the process and showing
- 33:51Speaker 5: him some of these things now at an early age
- 33:53Speaker 5: so that he can have a.
- 33:54Speaker 3: Future trajectory that's way greater than you could have.
- 33:57Speaker 4: Very respected, And I'm trying not to over expose him.
- 34:00Speaker 4: You know, it's just September first is his birthday. He
- 34:02Speaker 4: turned twelve, super innocent, like he really don't understand.
- 34:09Speaker 5: Me.
- 34:09Speaker 4: At twelve, I was about to say, a lot different
- 34:11Speaker 4: from you at twelve, I was little different, a lot
- 34:14Speaker 4: different circumstances are different, Like he grew up a lot different.
- 34:18Speaker 4: Like he like, he ain't gonna be saying none of
- 34:20Speaker 4: the shit I said in the markets, none of that.
- 34:24Speaker 3: He looked at you like this, what for real? He
- 34:28Speaker 3: don't even know his mother with puffy hey look who well? Hey,
- 34:42Speaker 3: my life is a movie? Oh ag?
- 34:49Speaker 4: Well okay, so so how do you how do you
- 34:58Speaker 4: deal with entitlement?
- 34:59Speaker 3: Right, because that's something that you know.
- 35:01Speaker 6: I know, I heard you speak on it a lot,
- 35:03Speaker 6: and anybody that has reached any level of success, you
- 35:07Speaker 6: have people around you that feel entitled to your success
- 35:10Speaker 6: and when they don't get what they want, then they
- 35:13Speaker 6: lash out and it's a dysfunctional relationship. So what lessons
- 35:18Speaker 6: have you learned over the course of life dealing with entitlement.
- 35:22Speaker 4: Well, I feel like there's no such thing as success
- 35:25Speaker 4: without When we're praying for it, we're not praying for jealousy,
- 35:30Speaker 4: we're not praying for envy, we're not praying for entitlement.
- 35:33Speaker 4: And it comes with it those three things. And the
- 35:37Speaker 4: jealousy is the easy part.
- 35:38Speaker 3: You just.
- 35:40Speaker 4: Kind of distance yourself from that person. The envious part,
- 35:44Speaker 4: you can't really see it as much it could be
- 35:47Speaker 4: around you and just feel like I wish that was me,
- 35:51Speaker 4: you know? And how bad is that? If thing's going well,
- 35:54Speaker 4: you know, But the entitlement, I think it shows up. Look,
- 35:59Speaker 4: we're gonna have some confusion going on regardlessly. I think,
- 36:02Speaker 4: no matter what the in process, the first time you
- 36:08Speaker 4: give someone something from the kindness of your heart, that's surprised.
- 36:12Speaker 4: The second time you give it them, they go thanks, man,
- 36:15Speaker 4: I really appreciate that.
- 36:16Speaker 3: The third time they go.
- 36:17Speaker 4: Yo, I wish you would have gave me that last
- 36:19Speaker 4: week and the fourth time. Damn man, how long it
- 36:23Speaker 4: took you to give me that? Why you wait so
- 36:26Speaker 4: long to do that? You got it, and now it
- 36:30Speaker 4: creates confusion or you have problems in different areas. This
- 36:33Speaker 4: is why, like a lot of the talent, when you
- 36:35Speaker 4: see music artists right they go when you ask them
- 36:40Speaker 4: what happened in the experience, like why it's not going
- 36:43Speaker 4: the way they would like it to go, they usually
- 36:45Speaker 4: say the label. It was the label's fault, you know.
- 36:50Speaker 4: And if if the labels an individual, like it's a person,
- 36:54Speaker 4: then it's my fault. It's that person's fault. But it's
- 36:57Speaker 4: not the label's responsibility to sustain your value. It's on
- 37:02Speaker 4: you as an individual, you know. And they're gonna sell
- 37:06Speaker 4: what has the highest probability to sell, and it doesn't
- 37:09Speaker 4: matter to them whether it's you order new thing that
- 37:11Speaker 4: they just picked up, as long as it's continuing to sell.
- 37:14Speaker 3: It's a business.
- 37:15Speaker 4: So you watch that though they'll say it as far
- 37:20Speaker 4: as entitlement is concerned, I wean off of people. I
- 37:24Speaker 4: get off of people sometime they spoil, like like milk.
- 37:27Speaker 4: They just take a little while and then they're spoil.
- 37:29Speaker 4: Easy job is a hard job. You forget you working, right.
- 37:33Speaker 4: You got some people that are blessed, they're so talented they.
- 37:37Speaker 3: Do it easy. I'm not that talented fuck that I
- 37:42Speaker 3: gotta work to make this shit work.
- 37:44Speaker 4: And this is why I don't just I'm not complacent
- 37:47Speaker 4: because I've worked to make it work. Like, look, if
- 37:50Speaker 4: you look at Kobe Bryants his career, he be the training,
- 37:54Speaker 4: the most, practicing, the most.
- 37:57Speaker 3: To perform the best of the guys that come in.
- 38:02Speaker 3: He's like, I'm nice.
- 38:05Speaker 4: He ain't in it all day. He's just coming in
- 38:06Speaker 4: with this shit, this gift he got. So it's a
- 38:10Speaker 4: higher probability that that guy fucks up because he could
- 38:14Speaker 4: be distracted with everything else, everybody else's temperament, all of
- 38:16Speaker 4: these things around him that didn't be an obstacle for
- 38:19Speaker 4: his career, and gob is being occupied by practicing, by working,
- 38:26Speaker 4: you know, and for me, none of these things. Look,
- 38:31Speaker 4: none of these things equal complete happiness.
- 38:36Speaker 3: Businesses. Everything goes right for you in business, There'll be
- 38:39Speaker 3: things that you.
- 38:42Speaker 4: I have to get accustomed to the things that Like
- 38:47Speaker 4: this is the greatest example, right, I know, I'm jumping around.
- 38:50Speaker 4: Look the greatest example. This is better though music artist,
- 38:55Speaker 4: first music video. The first thing they do is rent
- 38:58Speaker 4: a car to putting the video to convey lifestyle. Right
- 39:03Speaker 4: and cut and the cargoes back. But if that shit works,
- 39:09Speaker 4: he's gonna get a version of that car. If it's
- 39:11Speaker 4: not that car, he's gonna get the one that he
- 39:13Speaker 4: feels like. It's the coolest one he could get. Right,
- 39:15Speaker 4: and he has it, And then immediately he becomes an
- 39:22Speaker 4: inspiration in the environment because he made that happen. He
- 39:26Speaker 4: made it from nothing. It's just the idea. Creatively came
- 39:30Speaker 4: up with something that created the ability for him to
- 39:34Speaker 4: have this car. Then in the environment, like the way
- 39:38Speaker 4: I grew up, when you saw people have nice things,
- 39:41Speaker 4: somebody was doing something they wasn't supposed to be done
- 39:47Speaker 4: a relative or somebody. In the early this is in
- 39:49Speaker 4: the eighties into the nineties, it was a different ability
- 39:55Speaker 4: to get money out of the neighborhoods that existed at
- 39:58Speaker 4: that point. Not there so much no more. Now the
- 40:04Speaker 4: pieces is hit and they're doing this scabbin. They got
- 40:07Speaker 4: to do it a different way, right, But when you
- 40:11Speaker 4: would see those things, my grandfather, Look, I just lost
- 40:14Speaker 4: my grandfather, Rest in peace, don since and uh, he
- 40:20Speaker 4: sacrificed the most for my entire family for me, right,
- 40:23Speaker 4: and he simplified things so he would just go to work,
- 40:26Speaker 4: come home and just give my.
- 40:27Speaker 3: Grandmother a check.
- 40:29Speaker 4: I'd be like, God, damn, you just gonna give it
- 40:31Speaker 4: a whole check. And I said, I'm never gonna understand
- 40:38Speaker 4: how you just gave it the old check. And he's like,
- 40:40Speaker 4: he said, well, he.
- 40:41Speaker 3: Was a baby. You wouldn't understand no way.
- 40:43Speaker 4: And he said, but when I gave your mama to check,
- 40:45Speaker 4: it stopped up from looking at things that I couldn't
- 40:46Speaker 4: give her. She said, Now the woman you're with, is
- 40:51Speaker 4: she the kind of woman that you would give everything?
- 40:59Speaker 4: But I would give your mama everything. I loved it
- 41:01Speaker 4: so much, and it made me it's crazy, and that
- 41:13Speaker 4: made me look at things a little different because I
- 41:17Speaker 4: was like my grandma pimp. Now, for everybody who clapped,
- 41:23Speaker 4: all you ladies who clapped, I'd like you to raise
- 41:29Speaker 4: your hand.
- 41:31Speaker 3: Cla Now, men, look around. These people are dangerous.
- 41:40Speaker 5: If of one of the greatest lines that, in my opinion,
- 41:44Speaker 5: that you said is I took cord of waters, put
- 41:47Speaker 5: them in bottles for two bucks, and Coca Cola went
- 41:50Speaker 5: and bought the pavillions.
- 41:50Speaker 3: That's what's up. Obviously a great line, but.
- 41:54Speaker 5: What you did is you open up the world of
- 41:55Speaker 5: financial literacy for us. That led to Shoty Wright's stories
- 42:00Speaker 5: about it, that led to us having conversations about financial literacy.
- 42:05Speaker 5: At the time, I was just like, damn fifth made
- 42:07Speaker 5: a lot of money off that, but it was like,
- 42:09Speaker 5: this is the way now to teach people through music
- 42:11Speaker 5: about making money.
- 42:14Speaker 3: That did worked out pretty well? Yeah, yeah, that pretty well.
- 42:18Speaker 5: I wonder has there been a deal that you haven't
- 42:21Speaker 5: spoken about that has been as lucletit of as successful
- 42:24Speaker 5: that you haven't putting us on. Have there been deals
- 42:26Speaker 5: like that that have come across since that time?
- 42:29Speaker 3: You know what this? Well? I did pretty well with
- 42:32Speaker 3: sk energy.
- 42:34Speaker 4: I provided I partnered with the United Nations World Food
- 42:38Speaker 4: Program and we was able to provide a meal with
- 42:40Speaker 4: every energy drink that we sold, and that one.
- 42:47Speaker 3: And that was I think promoting.
- 42:50Speaker 4: Conscious capitalism is the way to solve our issues because
- 42:54Speaker 4: we got the tempest in the business with alleviate all
- 42:57Speaker 4: extreme poverty. You got to think of how much tempercent
- 43:01Speaker 4: of Google is worth. You're think of how much a
- 43:05Speaker 4: teen percent of well Bill Gates owns on of the
- 43:08Speaker 4: farm land, right, so ten percent of that what would
- 43:10Speaker 4: that be worth? And then if it was utilizing that
- 43:14Speaker 4: because it was if that company was developed under that
- 43:16Speaker 4: model just because they thought people.
- 43:19Speaker 3: Would embrace it faster if they knew it.
- 43:22Speaker 4: Was that, then we would find the finances to solve
- 43:25Speaker 4: a lot of issues that we had going on. But yeah,
- 43:29Speaker 4: the Vinamin one thing that was I didn't need the money.
- 43:34Speaker 4: Like when companies approach artists to be a part of
- 43:39Speaker 4: the marketing, it's just they've reached the financial level where
- 43:42Speaker 4: they can commit that marketing right and it'll move their
- 43:48Speaker 4: company to the next level the notoriety and everything that
- 43:51Speaker 4: connects to it. So they make the deal. But if
- 43:56Speaker 4: you told them you don't have to give me that
- 43:57Speaker 4: money that I'll take the equity on the back end
- 44:01Speaker 4: when it sells, when the real money go, they'll go yeah,
- 44:06Speaker 4: because at that point, your the equity that you have
- 44:12Speaker 4: in like vitment, what they had employees that they had
- 44:16Speaker 4: provided stock options for and working class folks living in now.
- 44:24Speaker 3: So if they say.
- 44:24Speaker 4: Wait, so that imagine every stock shit that you gave
- 44:26Speaker 4: me that I can't keep count of because it's not
- 44:28Speaker 4: going into my bank account. You saying, you could be
- 44:30Speaker 4: how much for that right now? And I can move
- 44:32Speaker 4: and Junior can have his own room, and I can
- 44:33Speaker 4: go get the car I want. Did everything right now,
- 44:38Speaker 4: and they sold me pieces of it. They sold me
- 44:40Speaker 4: pieces of it that the people that they already after
- 44:43Speaker 4: I had what was in the deal. I picked up
- 44:45Speaker 4: a few pieces from people who had.
- 44:48Speaker 3: Some of that shit, you know. So that was a
- 44:52Speaker 3: really good deal.
- 44:53Speaker 6: But that's also financial literacy, because from what I heard,
- 44:56Speaker 6: maybe you know more about this, but they had proach
- 44:58Speaker 6: rod our tests before and they offered him the same deal.
- 45:01Speaker 6: But he didn't understand equity and he wanted money, and
- 45:05Speaker 6: they didn't really wasn't in a position to give him
- 45:06Speaker 6: the money that he wanted, so he turned it down
- 45:09Speaker 6: and you took the equity. But that's because he probably
- 45:11Speaker 6: didn't have the understanding, like you said, of right what
- 45:14Speaker 6: equity is.
- 45:15Speaker 4: And just where it was at at that point in
- 45:17Speaker 4: his career. Like basketball, everything's to check, so they look
- 45:22Speaker 4: at the last check. They can't like when I I
- 45:25Speaker 4: did the business with RBK, with g and the Sneakers
- 45:28Speaker 4: made over eighty million dollars during that time period with
- 45:31Speaker 4: poor firemen right.
- 45:33Speaker 3: Well, then nobody collapsed for that. That damn that's an
- 45:36Speaker 3: everyday thing like once.
- 45:40Speaker 4: But while I was there, the deal only took place
- 45:44Speaker 4: because of Lebron. That's why I say, like me and Lebron,
- 45:47Speaker 4: I'll be like, we owe three baby.
- 45:49Speaker 3: That class of all three. You don't even know how
- 45:51Speaker 3: I feel like that.
- 45:53Speaker 4: But when RBK lost, when they lost the bidding war
- 45:56Speaker 4: for Lebron because Nike ended up making it held him
- 46:00Speaker 4: for one hundred and twenty million, they had eighty million
- 46:03Speaker 4: dollars sitting there. Paul Fireman decided to do lifestyle branding
- 46:06Speaker 4: with myself, Jay Z and Daddy Yankee, and I just
- 46:13Speaker 4: kept coming back for money every three months. I kept
- 46:15Speaker 4: saying to him, Look, I'm a high risk investment.
- 46:18Speaker 3: Yo, it's going good.
- 46:19Speaker 4: I'm a high risk investment. Yo, We're doing so good.
- 46:23Speaker 4: How many shoes we sell? I'm a hig risk investment.
- 46:27Speaker 4: And I kept leaving with the money. I was like, Yo,
- 46:29Speaker 4: you know, I just don't want you to be in
- 46:30Speaker 4: a bad spot. You know, I might say the wrong
- 46:33Speaker 4: thing and then everything just be fucked up. Right then
- 46:38Speaker 4: I started telling them the stuff that my publicist told me,
- 46:40Speaker 4: right because she told me two things. You don't say
- 46:42Speaker 4: you don't say nothing about religion and you stay away
- 46:46Speaker 4: from politics, right, because no matter what your beliefs are,
- 46:49Speaker 4: someone passionately disagrees with.
- 46:51Speaker 3: You, right, So you don't you just stay away from that.
- 46:55Speaker 3: And then.
- 46:58Speaker 4: If you don't believe she was correct, all you have
- 47:01Speaker 4: to do is ask Kanye.
- 47:07Speaker 3: That's what he did. Both both went to politics. He
- 47:11Speaker 3: did both. I think he did both went to politics,
- 47:13Speaker 3: and then he went and said some ship about a
- 47:16Speaker 3: couple of people.
- 47:19Speaker 4: Now you noticed I didn't say that ship, right the
- 47:22Speaker 4: publicist backstage.
- 47:28Speaker 6: Yeah, when we when we had dinner with you, you
- 47:31Speaker 6: said something that was profound. You said, I don't want
- 47:33Speaker 6: a problem. But if if there's a problem, there's no problem.
- 47:37Speaker 4: People look at you as a bully that don't know
- 47:39Speaker 4: you know, they miss the person irritating me.
- 47:45Speaker 3: I didn't see that part perspective. They see my.
- 47:48Speaker 4: Response to the person that I'm looking like, what do
- 47:53Speaker 4: oh you think I ain't got time to fuck with you?
- 48:01Speaker 4: But a lot of it it doesn't make sense. A
- 48:05Speaker 4: lot of it doesn't. There's no gratification out of it.
- 48:10Speaker 4: I just like sometimes people want attention. I say, well,
- 48:12Speaker 4: here's more attention than you want. So now you feel
- 48:15Speaker 4: so fucking uncomfortable that you wish you didn't do that,
- 48:17Speaker 4: don't you. And it's just a concept, it's a personality.
- 48:24Speaker 4: It's a character flaw.
- 48:27Speaker 3: Did I have?
- 48:28Speaker 4: And look, I don't think you weren't a part of
- 48:30Speaker 4: how it developed, because you would participating on social media
- 48:34Speaker 4: and gave me these happits.
- 48:37Speaker 3: Stay full.
- 48:38Speaker 4: You know, you got people if someone's across the street, right,
- 48:41Speaker 4: they look at you and they just don't like you
- 48:43Speaker 4: for whatever reasons. Right, we did invest best. People got
- 48:47Speaker 4: on their good clothes and shit, I seen I seen
- 48:55Speaker 4: Stee Harvey backstage. He had on a Gator jacket.
- 49:00Speaker 3: Day the shoes. I said, where you was going? Nigga?
- 49:06Speaker 4: I felt so undiddressed that I got to embarrass him.
- 49:14Speaker 4: Fuck that he ain't have to do that to me.
- 49:19Speaker 4: Are you all enjoying yourself? That's the DJ? Are you
- 49:28Speaker 4: not entertained?
- 49:35Speaker 3: Fifth?
- 49:37Speaker 5: We touched on the street for it, but I think
- 49:40Speaker 5: people overlooked what really happened. Right, you had humor, Right,
- 49:46Speaker 5: you had harmony, but you had our community down there
- 49:51Speaker 5: to celebrate each other, to find a new demographic or
- 49:55Speaker 5: new region. Talk about what goes into preparing for something
- 49:59Speaker 5: like that Obviously we've un investments. Everybody's here shot here.
- 50:02Speaker 3: But this is a lot of work man talking about that.
- 50:05Speaker 3: It's look to start.
- 50:07Speaker 4: What send me the treeport is the taxing centers, right,
- 50:11Speaker 4: The taxi center around filming allows me to do things
- 50:15Speaker 4: that I wouldn't be able to do in other territories.
- 50:17Speaker 3: Right.
- 50:17Speaker 4: And they had the taxi center there, they pulled it
- 50:21Speaker 4: and people migrated to Atlanta, some of them here from Sreeport.
- 50:26Speaker 4: That two people back there, yeah, two mother fums and
- 50:31Speaker 4: other people don't want you to know they from report. Look,
- 50:36Speaker 4: but they migrated to other territories where they could work
- 50:39Speaker 4: in the same field and do what they was doing
- 50:42Speaker 4: because they had the film in there.
- 50:43Speaker 3: And then when.
- 50:47Speaker 4: I get out there and see the facilities it does,
- 50:49Speaker 4: it is like I had to put twenty your twenty
- 50:53Speaker 4: something million dollars into the studio for it to work.
- 50:55Speaker 3: So if you don't have it's a lot of capital.
- 51:02Speaker 4: But if you don't have the finances to invest in
- 51:05Speaker 4: the studio and then the actual projects that are up
- 51:08Speaker 4: that allow you to bring new projects into the in
- 51:11Speaker 4: and out the building, then it wouldn't make sense for
- 51:14Speaker 4: you to go out the streetport right.
- 51:17Speaker 3: I'll film. I just filmed about Garrier Man. I filmed
- 51:21Speaker 3: wherever the movie is being made.
- 51:22Speaker 4: This is why Ave and have moved out there because
- 51:24Speaker 4: they will provided taxes to the government finances.
- 51:27Speaker 3: That allow them to do different things. And then the downtown.
- 51:32Speaker 4: When I went downtown, I was like, oh shit, like
- 51:34Speaker 4: it looked like the vampires ate the people, Like where's everybody?
- 51:41Speaker 3: It's flogged.
- 51:42Speaker 4: The city is still a nice city, like it doesn't
- 51:45Speaker 4: look old at all, but it just was no people.
- 51:48Speaker 3: And I'm like, I will have this place falling with people.
- 51:54Speaker 4: See because when you think about like burning Man there
- 51:59Speaker 4: in the desert and went to the desert to have
- 52:02Speaker 4: a music experience. So I'm like, it's just entertainment that
- 52:07Speaker 4: will bring to people. And in order to I made
- 52:12Speaker 4: some purchases downtown because that revitalized some things that are
- 52:16Speaker 4: down there. And then you're going to see she gonna
- 52:18Speaker 4: be a hot spot after I get rolling, because I'll
- 52:21Speaker 4: have film projects out there, so you have multiple cast
- 52:24Speaker 4: members and people out and about. But I got to
- 52:27Speaker 4: get everything else active down there. So working human Harmony
- 52:30Speaker 4: was my first example. It is a proven model now
- 52:36Speaker 4: that it works, you know, and.
- 52:39Speaker 5: Yeah, I bring it up just because obviously there was
- 52:42Speaker 5: some criticisms from the street port resident, but what was
- 52:47Speaker 5: overlooked was the jobs that you're bringing, the hospitality that
- 52:51Speaker 5: is now going boomer, the exposure for the city, all
- 52:55Speaker 5: these things that money can't buy that you are bringing.
- 52:58Speaker 5: So I wanted to give your flowers. And I think
- 52:59Speaker 5: everybody you give you your flowers for that nigga.
- 53:08Speaker 4: I mean it's cool, it's it's exciting to be able
- 53:10Speaker 4: to do that, like, and I just wanted to. I
- 53:12Speaker 4: was really using my relationships to bring everyone out. So
- 53:16Speaker 4: Dave Chappelle showed up for me, Kat Williams, so many
- 53:19Speaker 4: cool comedians and stuff like that.
- 53:21Speaker 3: You could tell I really like comedy, like I keep
- 53:25Speaker 3: standing up and ship.
- 53:29Speaker 4: Right, But you could tell I like I like it,
- 53:33Speaker 4: like I think it it's healthy for us. It makes
- 53:40Speaker 4: you feel better, like if you if you laugh, you
- 53:41Speaker 4: enjoy yourself. I think we live longer when we spend
- 53:45Speaker 4: our time that where, you know. So I tied with
- 53:52Speaker 4: the fast human harmony and then I had I had
- 53:55Speaker 4: soul for real, the old I'm I'm waste smooth in
- 54:01Speaker 4: the shower, I'm wastemoving than I am in real life.
- 54:05Speaker 4: When I'm in the shower. I got R and B
- 54:07Speaker 4: music playing mono tone. Uh you know ooh it was
- 54:11Speaker 4: it was say what you know that I can hit that?
- 54:14Speaker 4: I can't hit the key swet Key Sweat backstage. Now,
- 54:19Speaker 4: Keith Sweat is a crying he'd be he'd be crying
- 54:22Speaker 4: on that. He'd be crying on the records. Security, don't
- 54:27Speaker 4: let him come up here. I know Keith his back fight. Wait,
- 54:34Speaker 4: he's gonna be backstage waiting for me. Yo, make some
- 54:40Speaker 4: noise for the legendary fifty cent. But but DJ before, before,
- 54:49Speaker 4: before we do that since we got fifth, pair man.
- 54:53Speaker 4: Fifth was a major inspiration for us, As he said,
- 54:56Speaker 4: we the demographic that actually listened to his album Get.
- 54:58Speaker 5: Rich Everybody to their feet. I need everybody to your
- 55:02Speaker 5: feed Fifth. You want to hear this? Everybody to your feet.
- 55:05Speaker 6: Yeah, this is Improvlet we ain't know he's going to
- 55:07Speaker 6: do it when he was on stage, but it's only
- 55:09Speaker 6: right man. He's a major inspiration as far as Get
- 55:12Speaker 6: Richard DoD trying it. That really laid the blueprint for
- 55:15Speaker 6: a lot of people that was hustlers that really wanted
- 55:17Speaker 6: to just figure out their situation and embedded this situation,
- 55:20Speaker 6: and then also shout out to our partner, Ian Dunlap
- 55:22Speaker 6: was Ian at another major inspiration and motivation for us
- 55:30Speaker 6: for everything that we've been doing. As far as you know,
- 55:32Speaker 6: a pillar when it comes to the tower of Arnal Lisia.
- 55:36Speaker 6: So you know, for a long time people been reading
- 55:38Speaker 6: books about finance, and you know these books, they didn't
- 55:41Speaker 6: listen to get Richard dot trying.
- 55:42Speaker 3: So we created the new book for you. It's called
- 55:45Speaker 3: You Deserve to Be Rich.
- 55:46Speaker 6: Now you have our first piece of literature that will
- 55:51Speaker 6: be in stored soon.
- 55:53Speaker 3: You can preorder it now. Put the bar code up.
- 55:56Speaker 3: You deserve to be Rich. Get that. That's a fact.
- 56:00Speaker 3: That's your Christmas present.
- 56:09Speaker 5: Them.
- 56:32Speaker 1: An illegal alien from Guatemala charged with raping a child
- 56:35Speaker 1: in Massachusetts. An m S thirteen gang member from Al
- 56:39Speaker 1: Salvador accused of murdering a Texas man of Venezuelan charged
- 56:43Speaker 1: with filming and selling child pornography in Michigan. These are
- 56:47Speaker 1: just some of the heinous migrant criminals caught because of
- 56:51Speaker 1: President Donald J. Trump's leadership. I'm Christy Noman, the United
- 56:55Speaker 1: States Secretary of Homeland Security under President Trump. Attempted illegal
- 57:00Speaker 1: border crossings are at the lowest levels ever recorded, and
- 57:03Speaker 1: over one hundred thousand illegal aliens have been arrested. If
- 57:07Speaker 1: you are here illegally, your next you will be fine
- 57:10Speaker 1: nearly one thousand dollars a day, imprisoned, and deported. You
- 57:14Speaker 1: will never return. But if you register using our CBP
- 57:18Speaker 1: home app and leave now, you could be allowed to
- 57:21Speaker 1: return legally. Do what's right. Leave now. Under President Trump
- 57:26Speaker 1: America's laws, border and families will be protected.
- 57:30Speaker 3: Sponsored by the United States Department of Homeland Security,