Latest / Earn Your Leisure / Professional Development: Top Insights from Diddy's Talk at Invest Fest!
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.
- 0:57Speaker 2: Sponsored by the United States Department of Homeland Security.
- 1:00Speaker 3: What was the biggest insights you had from interviewing did
- 1:04Speaker 3: he you were on stage with him? Electric he shared
- 1:07Speaker 3: a lot that I didn't. I hadn't seen him that
- 1:09Speaker 3: vulnerable in a long time, what was like two or
- 1:11Speaker 3: three of the insights that you guys took away from
- 1:15Speaker 3: him that allowed him to get to this moment.
- 1:17Speaker 4: Shout out to my guy, Caleb Silver, chief editor of Investipedia.
- 1:23Speaker 4: He did a great job at investments. But he was
- 1:26Speaker 4: talking to me, he was like, you know, he's given
- 1:28Speaker 4: me a compliment and he was just saying, like, you
- 1:29Speaker 4: guys doing a great job interview.
- 1:31Speaker 5: And he's like, I really like how you.
- 1:33Speaker 4: Followed up on certain questions and you added commentary to it.
- 1:36Speaker 4: It made it even more lively or the discussion was
- 1:40Speaker 4: like it was very, very well crafted. But a lot
- 1:45Speaker 4: of that just came from me just having epiphanies on stage.
- 1:49Speaker 5: In real time.
- 1:49Speaker 4: I can see the light bulb go off, Like when
- 1:51Speaker 4: he was saying he had a moment where he said that,
- 1:55Speaker 4: you know, him being a billionaire and there's only like
- 1:57Speaker 4: twelve black billionaires in America and he said there's like
- 2:00Speaker 4: sixteen black billionaires in the world, something like that, and
- 2:04Speaker 4: he was just saying that the help is not coming.
- 2:08Speaker 4: After we told the audience, he was like, look, I'm
- 2:10Speaker 4: seeing I saw over the hill. I'm kind of paraphrasing.
- 2:14Speaker 4: He was like, no, I got to the top of
- 2:16Speaker 4: the mountain, and I saw what's on the other side,
- 2:19Speaker 4: and I'm letting y'all know, the only way out of
- 2:21Speaker 4: this situation is for us to come together collectively the
- 2:25Speaker 4: help and the assistance.
- 2:28Speaker 5: It's not going to happen.
- 2:29Speaker 4: And that was like a metaphor for me because I
- 2:32Speaker 4: was just thinking in my brain, it's like a general,
- 2:34Speaker 4: like you know, I watched these shows like Game of
- 2:36Speaker 4: Thrones and all that stuff, like, you know, especially like
- 2:38Speaker 4: back then, like in real war time where it was
- 2:41Speaker 4: like you know, old school war where you fight like
- 2:43Speaker 4: hand in hand with like you know, running at each other.
- 2:47Speaker 4: The generals was never on the ground. The generals on
- 2:49Speaker 4: top of the hill because they have to be able
- 2:51Speaker 4: to see exactly what's happening so they can give orders
- 2:54Speaker 4: to the foot soldiers. So that's kind of like I
- 2:57Speaker 4: just had that moment in stage. I'm just thinking, like,
- 2:59Speaker 4: that's like the general like on top of the hell
- 3:01Speaker 4: you can't see that. The foot soldiers on the ground
- 3:04Speaker 4: can't see what's on the other side of the but
- 3:06Speaker 4: the general can't. So now the general was like, oh,
- 3:09Speaker 4: they got giants, you know what I mean, Like they
- 3:11Speaker 4: don't know that today they got dragons and all.
- 3:16Speaker 5: That you're about to get slaughtered.
- 3:17Speaker 4: So now he's reporting back like not rally the troops
- 3:20Speaker 4: like this, and then but the people on the ground,
- 3:23Speaker 4: they like telling the generals like they.
- 3:26Speaker 5: Don't what you're talking about, you know what I mean,
- 3:27Speaker 5: Like no, no, no, no.
- 3:29Speaker 4: If we can, if we can get to the other side,
- 3:31Speaker 4: then it's all rainbows, and they're like.
- 3:34Speaker 5: No, I'm telling you this stuff.
- 3:35Speaker 4: So when he was just explaining that, and he was
- 3:37Speaker 4: explaining from first hand experience as far as his lawsuit
- 3:40Speaker 4: with Theago, he went into that and explained why he's
- 3:44Speaker 4: in the AJO and the practices and you know how
- 3:47Speaker 4: it's different for him being black and different things that nature.
- 3:50Speaker 4: So I thought it was extremely insightful and honest he
- 3:55Speaker 4: was like you know, even for him, like the realization
- 3:57Speaker 4: it took him time to even realize that, Like you know,
- 4:00Speaker 4: he probably didn't fully understand that until he got to
- 4:02Speaker 4: that point, and it's just like oh, but he kind
- 4:04Speaker 4: of like drove down like I'm telling y'all, telling y'all,
- 4:08Speaker 4: I'm in it. I see it, I see what you
- 4:11Speaker 4: can't see. Yeah, you know what I mean. So to me,
- 4:13Speaker 4: that was a very insightful commentary on his behalf and
- 4:19Speaker 4: that was definitely a highlight moment for me for sure.
- 4:21Speaker 2: Yeah, what about you try.
- 4:24Speaker 6: There's a couple man, I think, And it's tough because
- 4:27Speaker 6: the world would never see it because they know that
- 4:29Speaker 6: the personality of Puff is very like alpha male, Yeah,
- 4:33Speaker 6: super dominant, a general. But the way he came to
- 4:37Speaker 6: invest fast was he respected us as generals too.
- 4:40Speaker 4: Yeah.
- 4:41Speaker 2: It was like, I.
- 4:42Speaker 6: Want to do what y'all want to do. Y'all tell
- 4:44Speaker 6: me what y'all want to do. Let's do it, Like
- 4:46Speaker 6: y'all want to do this, Ya want to do this here,
- 4:48Speaker 6: y'all want to do this, y'all want this to be
- 4:49Speaker 6: the look you want me to go to the marketplace.
- 4:51Speaker 2: Let's do everything y'all want to do.
- 4:53Speaker 6: And it was interesting, like I watched him and shot
- 4:55Speaker 6: you have an interaction because you know, like shoddy sometimes
- 5:00Speaker 6: like damn bro, I'm.
- 5:01Speaker 2: Always ready for like just in case something might go
- 5:03Speaker 2: the wrong way.
- 5:04Speaker 6: And I'm watching it and I watched him say something
- 5:06Speaker 6: to Puff and Puff looked and he got it right
- 5:09Speaker 6: away and he was like, tell me what you want.
- 5:12Speaker 6: I was like, oh, like he really respectsul what we're
- 5:15Speaker 6: doing here, So that was a moment and then again
- 5:18Speaker 6: him breaking down the barriers and we'll try somebody's looking
- 5:21Speaker 6: over the hill. It's interesting because he did talk about
- 5:24Speaker 6: the Diazo situation when he was looking over the hill.
- 5:26Speaker 6: But it made me realize that Piphanty moment was like, yo,
- 5:28Speaker 6: he's he's really done this in a.
- 5:30Speaker 2: Bunch of industries.
- 5:31Speaker 6: Absolutely, when we're talking about fashion, this is the first
- 5:33Speaker 6: luxury band of all, not just like Black Brant, the
- 5:38Speaker 6: first fashion label to ever be telecast on TV with
- 5:43Speaker 6: Sean Jean. He had his Runway show and now you
- 5:46Speaker 6: see Amazon doing the fancy show. Victoria's Secret became a thing,
- 5:50Speaker 6: but there was none of that before that was showing
- 5:52Speaker 6: John and so he's kicking down barriers in that industry.
- 5:56Speaker 6: He's done in the spirits, He's done it in music.
- 5:57Speaker 6: He will like he was that early, Like this was
- 6:02Speaker 6: something that and this is something that he was shared
- 6:05Speaker 6: with us, like he's that's been a vision since he
- 6:07Speaker 6: was a kid. Wow, Like he has always wanted that,
- 6:10Speaker 6: and so it was like, let me prove myself. And
- 6:12Speaker 6: most people thinking like puff in the height of this
- 6:15Speaker 6: is the height of bad boy, like I think big
- 6:17Speaker 6: had just passed.
- 6:18Speaker 2: But they no way out and all.
- 6:20Speaker 6: The things that already come out, and he's like, I
- 6:21Speaker 6: have to prove myself in this industry now, and so
- 6:24Speaker 6: that he does to rot And what he really wanted
- 6:27Speaker 6: was a tequila and so it's like, yeah, I prove
- 6:28Speaker 6: myself now. It was due to kill and then I
- 6:30Speaker 6: proved myself again with this barrier is that he's facing
- 6:33Speaker 6: right when we talk about black media, we know we're
- 6:36Speaker 6: in it, right. The battles that he's face, he's faced,
- 6:40Speaker 6: we're now about to face. And so for us, I
- 6:43Speaker 6: started to realize, wait, we are now earnest.
- 6:48Speaker 2: What's up?
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- 7:56Speaker 6: This episode is brought to you by P and C Bank.
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- 8:38Speaker 1: An illegal alien from Guatemala charged with raping a child
- 8:41Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
- 8:46Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
- 8:50Speaker 1: filming and selling child pornography in Michigan. These are just
- 8:54Speaker 1: some of the heinous migrant criminals caught because of President
- 8:58Speaker 1: Donald J. Trump's leadership. Christyom, the United States Secretary of
- 9:02Speaker 1: Homeland Security. Under President Trump, attempted illegal border crossings are
- 9:07Speaker 1: at the lowest levels ever recorded, and over one hundred
- 9:10Speaker 1: thousand illegal aliens have been arrested. If you are here
- 9:13Speaker 1: illegally your next you will be fine nearly one thousand
- 9:17Speaker 1: dollars a day, imprisoned and deported, you will never return.
- 9:22Speaker 1: But if you register using our CBP home app and
- 9:25Speaker 1: leave now, you could be allowed to return legally. Do
- 9:29Speaker 1: what's right. Leave now. Under President Trump, America's laws, border
- 9:34Speaker 1: and families.
- 9:35Speaker 5: Will be protected.
- 9:36Speaker 6: Sponsored by the United States Department of Homeland Security BAT
- 9:38Speaker 6: for the next Yeah generation.
- 9:40Speaker 2: Yeah of media.
- 9:43Speaker 6: They're looking at us like the deals that we make,
- 9:45Speaker 6: the partnerships that we make, the how they do it
- 9:48Speaker 6: and navigate it right. The relationships that we have. How
- 9:51Speaker 6: do you navigate through this? What does this look like
- 9:53Speaker 6: in real time? And I'm like, wow, this felt like
- 9:56Speaker 6: a torch yeah, passing right, like revolt, that's the family rights,
- 10:01Speaker 6: that's collaboration, right, that's that's not competition.
- 10:05Speaker 2: But now earn your lisia is hey here, y'all go.
- 10:08Speaker 5: Yeah.
- 10:09Speaker 6: Now that they get to watch you and do it
- 10:11Speaker 6: in real time, all the mistakes that I have, I
- 10:13Speaker 6: can now teach y'all and y'all can give it to
- 10:15Speaker 6: the next generation of media and black menia and hopefully
- 10:19Speaker 6: it spawns a small of people that I'm saying like, Yo,
- 10:23Speaker 6: we can do this, we can do this. We watch
- 10:24Speaker 6: them do it. They did in real time. They gave
- 10:26Speaker 6: us the blueprint how to do it. Let's go do it.
- 10:28Speaker 5: Yeah.
- 10:30Speaker 3: His showmanship was amazing. Just to see him be excited
- 10:33Speaker 3: and be vulnerable was incredible. Like I said, like it
- 10:36Speaker 3: spawned all of us on the side of the States
- 10:38Speaker 3: to start bringing someone with each other in real time,
- 10:40Speaker 3: like what do we need to do? How do we execute?
- 10:43Speaker 3: How we team together? But the most important thing and
- 10:45Speaker 3: all of that is a unity is needed. Like we
- 10:47Speaker 3: can't get to the generation of what do we want
- 10:50Speaker 3: and no slights to George Clooney put in chat, what's
- 10:53Speaker 3: George Clooney's Sequila name. He's Dinny's built up probably a
- 10:58Speaker 3: trillion dollars in value for those brands. It's real, it's
- 11:05Speaker 3: really huge. But George Cooney isn't diddy though, No, it's not.
- 11:09Speaker 5: Sure. Well, that's part of the situation. That's part of
- 11:12Speaker 5: the thing.
- 11:15Speaker 4: Yeah, So it's like, where did Coso just randomly just now,
- 11:18Speaker 4: it's like nobody's drinking anything except that doesn't happen by accident.
- 11:25Speaker 2: That's marketing and it's everywhere.
- 11:26Speaker 4: Yeah, it's marketing, and that's money, and that's distribution.
- 11:30Speaker 2: Yeah, distribute, and that's the key.
- 11:32Speaker 6: It's like, nah, this is not a black this is
- 11:34Speaker 6: a premium tequila, but Cosmo is not a premium tequila,
- 11:37Speaker 6: so it shouldn't be shelved in the same places.
- 11:40Speaker 3: And it goes back what you said to access to
- 11:42Speaker 3: venture capital, Angel, like we're only getting one percent of
- 11:45Speaker 3: the money that's available also distribution resources marketing dollars, Like
- 11:50Speaker 3: it's that's a great point, Like why is only one
- 11:53Speaker 3: percent going into that?
- 11:55Speaker 2: Right?
- 11:56Speaker 6: So imagine when you're you have a spirits brand and
- 11:59Speaker 6: you're getting one person out of the budget, but you're
- 12:01Speaker 6: the most popular and the other that's getting ten percent
- 12:04Speaker 6: of the budget because it's just going to succeed.
- 12:07Speaker 4: So this was that was and then when I spoke
- 12:10Speaker 4: about invest fests because that's an and led to the conversation,
- 12:16Speaker 4: and that led to other people in the audience that
- 12:18Speaker 4: offered things afterwards. You have to know when to say things. Yeah,
- 12:23Speaker 4: that's key, that's extremely important. And that's why I said
- 12:27Speaker 4: it because I knew that if it's seventeen thousand people
- 12:31Speaker 4: here watching stage, somebody is going to be important.
- 12:36Speaker 5: Yeah, what's the odds? Yeah. So but.
- 12:41Speaker 4: When black companies go into it, it gets pushed into
- 12:45Speaker 4: the diversity bucket yea, Yeah, diversity bucket might be like
- 12:49Speaker 4: five percent of it never goes into general marketing.
- 12:53Speaker 5: General marketing.
- 12:54Speaker 4: They cipher it off into Okay, this could be part
- 12:57Speaker 4: of our diversity program, or this could be part of
- 12:59Speaker 4: the Black initiative. With the regular marketing budget might be
- 13:05Speaker 4: one hundred million dollars, the Black initiative budget might be
- 13:08Speaker 4: one million dollars and divided amongst So that's so that's
- 13:14Speaker 4: the part where it's like, well, why can't it just
- 13:16Speaker 4: be part of general marketing. Why can't he be part
- 13:19Speaker 4: of one hundred million dollars? But how do you think
- 13:20Speaker 4: we overcome that? That's what Diddy said is the only
- 13:24Speaker 4: way to overcome it is is to collaboration with each other.
- 13:28Speaker 4: It's not going to happen. That's what's just chain. It's
- 13:32Speaker 4: not And somebody else told us that of equal status
- 13:35Speaker 4: as well, it's not going to happen. Never going to
- 13:39Speaker 4: be a time when the black company is going to
- 13:42Speaker 4: get just as much funding or just as much push
- 13:46Speaker 4: as the white company from a because it's a white company.
- 13:52Speaker 4: The unfortunate, harsh reality. So the only thing that you
- 13:57Speaker 4: can do is now work with other black companies to
- 14:00Speaker 4: accelerate the growth of that's the only one. It's only
- 14:05Speaker 4: is gonna happen. It's not gonna happen for s the numbers.
- 14:08Speaker 4: It's just not.
- 14:09Speaker 5: Yeah, that's interesting.
- 14:12Speaker 3: Unity is a force multiplier who were blocked out.
- 14:16Speaker 6: Let's just see who's ready to join, right, Like, if
- 14:19Speaker 6: we think about all the success that we've told about
- 14:22Speaker 6: those sixteen of the sixteen billionaires in the world, how
- 14:27Speaker 6: many of them have businesses together?
- 14:28Speaker 5: Yeah, that's a great point.
- 14:31Speaker 2: That's a great point.
- 14:32Speaker 6: Not many, even the American ones. I can't think of
- 14:39Speaker 6: three more work to do, timas now he said it right.
- 14:46Speaker 6: We talked about zero network by twenty fifty three. Yep,
- 14:50Speaker 6: we are on the clock.
- 14:52Speaker 3: And that's when the interest rates were less than three percent.
- 14:56Speaker 3: What he said, right when they took that study. Yeah,
- 14:58Speaker 3: interest rates with less than three percent. Now you accelerate
- 15:01Speaker 3: that number because there's decay in it when you multiply inflation,
- 15:04Speaker 3: and if you get priced out of housing, get price
- 15:07Speaker 3: out of condos. Even on a business side, it's harder
- 15:10Speaker 3: to even get capital for the business now. So now
- 15:12Speaker 3: you're going to accelerate that number. You can probably knock
- 15:14Speaker 3: that number down probably four years. And if we keep
- 15:17Speaker 3: that interest rate high for five or six years, it
- 15:19Speaker 3: is definitely a planned destruction. We are on the clock. Yeah,
- 15:23Speaker 3: we're on the clock. It's more work to do.
- 15:24Speaker 1: An illegal alien from Guatemala charged with raping a child
- 15:28Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
- 15:32Speaker 1: accused of murdering a Texas man of Venezuelan charged with
- 15:36Speaker 1: filming and selling child pornography in Michigan. These are just
- 15:40Speaker 1: some of the heinous migrant criminals caught because of President
- 15:44Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States
- 15:48Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
- 15:53Speaker 1: crossings are at the lowest levels ever recorded, and over
- 15:56Speaker 1: one hundred thousand illegal aliens have been arrested. If you
- 16:00Speaker 1: or here illegally, your next you will be fine nearly
- 16:03Speaker 1: one thousand dollars a day, imprisoned and deported, you will
- 16:07Speaker 1: never return. But if you register using our CBP home
- 16:11Speaker 1: app and leave now, you could be allowed to return legally.
- 16:15Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
- 16:20Speaker 1: border and families will be protected.
- 16:22Speaker 2: Sponsored by the United States Department of Homeland Security.