Latest / Inside The Vault with Ash Cash / ITV # 219

Transcript

ITV # 219 · Inside The Vault with Ash Cash

• 0:00
  [SPEAKER_01]: I've never met a white man who told me I couldn't read a book.
• 0:03
  [SPEAKER_01]: Never met a white man who told me I couldn't take care of my kids.
• 0:05
  [SPEAKER_01]: I've never met a white man who told me I couldn't start a business.
• 0:07
  [SPEAKER_00]: Who controls the airways?
• 0:09
  [SPEAKER_00]: Who controls YouTube?
• 0:10
  [SPEAKER_00]: Who controls Spotify?
• 0:11
  [SPEAKER_00]: Who controls the music industry?
• 0:13
  [SPEAKER_00]: Ascash!
• 0:14
  [SPEAKER_00]: You'll never be voice-walk as you are not me.
• 0:17
  [SPEAKER_00]: I'm the man up in this motherfucker.
• 0:18
  [SPEAKER_00]: I'm not quick to say something because I'm conflicted.
• 0:22
  [SPEAKER_01]: If you are obsessed with the strength of your opponent, then it can cause you to almost glorify him to the point that you forget that you also have the ability to play offense as well.
• 0:31
  [SPEAKER_01]: Then it's child abuse to send your child out across town to beg their oppressors for a job.
• 0:37
  [SPEAKER_00]: What's your take on integration?
• 0:40
  [SPEAKER_00]: Did it help in our hurt?
• 0:41
  [SPEAKER_00]: the economic flag of black people.
• 0:44
  [SPEAKER_01]: Oh, and hurt us, 100%.
• 0:45
  [SPEAKER_01]: I mean, number one, politicians just don't give a shit.
• 0:48
  [SPEAKER_01]: I think that your life is determined by what you do, not by what these people in Capitol Hill do.
• 0:52
  [SPEAKER_01]: They mass-produce nigger culture.
• 0:54
  [SPEAKER_01]: They mass-produce that shit the same way you produce Tesla's and Ford's.
• 0:57
  [SPEAKER_00]: And there's all of these things that are highly addictive that are counter to the consciousness of us.
• 1:05
  [SPEAKER_00]: How do we fight that fight?
• 1:07
  [SPEAKER_01]: Black people will be known throughout the world for,
• 1:14
  [SPEAKER_00]: I know you want to watch this next video, but listen, if you are an entrepreneur, business coach, business consultant, or a small business owner who has a story and wants to learn how to create multiple strings of income from your story, I need you to text me right now, my book.
• 1:31
  [SPEAKER_00]: to six, four, six, six, six, eight, seven, four, one, five, two.
• 1:34
  [SPEAKER_00]: That is my personal number.
• 1:36
  [SPEAKER_00]: I have been an author for over 12 years, I've written 10 books, four of them have been best sellers, and I've sold over 100,000 books.
• 1:43
  [SPEAKER_00]: But I've also helped a lot of my clients, take their expertise and put it into a story, then create multiple streams of income from that.
• 1:51
  [SPEAKER_00]: So I wanna help you do the same thing.
• 1:53
  [SPEAKER_00]: So text my book to six, four, six, six, eight, seven, four, one, five, two.
• 1:58
  [SPEAKER_00]: I, let's go back to the video.
• 2:16
  [SPEAKER_00]: So welcome to another awesome episode of Inside The Vault with Ascash, the greatest money mindset show on the planet.
• 2:23
  [SPEAKER_00]: Listen, most people think racism is just social, but what if the real war is financial and we've been losing quietly for decades.
• 2:34
  [SPEAKER_00]: Today's guys didn't just study finance, he weaponized it.
• 2:38
  [SPEAKER_00]: Born to a 17-year-old single mother became
• 2:45
  [SPEAKER_00]: to earn a PhD in finance walked away from traditional academia and built his own economic institution.
• 2:54
  [SPEAKER_00]: He did not just teach wealth, he created a movement around financial activism.
• 3:00
  [SPEAKER_00]: If you ever wondered whether voting matters more than ownership, if you ever questioned whether integration helped or hurt the black economics, if you ever felt
• 3:11
  [SPEAKER_00]: Like the system was designed for you to consume, not control this episode is going to challenge how you see money, power, and freedom and wait until you hear about what he says about who really controls our future.
• 3:27
  [SPEAKER_00]: Ladies and gentlemen, round of applause for my guy, my OG, Dr. Boyce.
• 3:33
  [SPEAKER_00]: Let's have a man, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no,
• 3:51
  [SPEAKER_00]: financial shows that you've ever kind of watched before because this man is brilliant.
• 3:58
  [SPEAKER_00]: And I'm not just saying that because he's your friend of me, this is somebody who literally I want to say, help usher the financial education space for what you know it to be today, right?
• 4:11
  [SPEAKER_00]: You know, for me, like I remember watching you when I was a, when I worked at a bank.
• 4:17
  [SPEAKER_00]: Like I didn't even.
• 4:18
  [SPEAKER_00]: Like my thought process wasn't even true teach finances.
• 4:23
  [SPEAKER_00]: Like it wasn't even in my purview.
• 4:26
  [SPEAKER_00]: You've been doing it for a long time.
• 4:27
  [SPEAKER_00]: I remember the when I decided to, it was you and Alfred Edmund.
• 4:31
  [SPEAKER_00]: I think, you know, Alfred Edmund is one of my mentors.
• 4:34
  [SPEAKER_00]: Oh, yeah.
• 4:35
  [SPEAKER_00]: When I saw him at an event and I was like man, I saw him talking about money and he was talking about him and he made all his stuff.
• 4:43
  [SPEAKER_00]: I was like, you know, this is a profession.
• 4:45
  [SPEAKER_00]: I can actually do this.
• 4:46
  [SPEAKER_00]: and then you had shows right and like you were online this is before
• 4:52
  [SPEAKER_00]: I mean, like, I don't know what, I don't even know what they call it, they'll be honest with you.
• 4:56
  [SPEAKER_00]: Because I remember, you were one of the first people to put me on to, you know, you had to show an AOL.
• 5:05
  [SPEAKER_00]: You had an AOL show, and you were bringing all the celebrities on, you bought me on.
• 5:09
  [SPEAKER_00]: I was just like, they're getting this young kid, you know?
• 5:12
  [SPEAKER_00]: And you gave me this shot.
• 5:13
  [SPEAKER_00]: And in fact, this is why I have this book up here, right?
• 5:16
  [SPEAKER_00]: Because this is my very first book.
• 5:18
  [SPEAKER_00]: My mom, I read it right.
• 5:19
  [SPEAKER_00]: Tell all the financial freedom.
• 5:20
  [SPEAKER_00]: And then you'll have found of your black world coalition and all the black black American money You was like ask asses all tickets financially to with a general concern for financial literacy like that was the only Co- I could get I was like, yo, let me get this and I and and admit a lot back then and even sit today because again you were the guy that
• 5:42
  [SPEAKER_00]: has done a lot.
• 5:43
  [SPEAKER_00]: So I'm excited about having this conversation.
• 5:45
  [SPEAKER_00]: I do want to talk about the war on Black people and how it relates to finance.
• 5:53
  [SPEAKER_00]: I want to talk about our future, where are we now, all the things.
• 5:57
  [SPEAKER_01]: But before we go there, for those who don't know, who is
• 6:09
  [SPEAKER_01]: And I am a person who works very hard to get better at navigating a world that I don't think was built to necessarily for people like us to be put in the front of the line.
• 6:26
  [SPEAKER_01]: I grew up with a hit my head on the swivel because they wanted my mother to abort me.
• 6:33
  [SPEAKER_01]: So I kind of feel like they've been trying to get me since before I was in the last story.
• 6:37
  [SPEAKER_01]: Really, I think that's true across the board because I don't think society wants strong intelligent black men, Roman, the planet, because they know what happens when we get out there and then when we get together, it's a wrap.
• 6:48
  [SPEAKER_01]: We dominate, we take over, we win.
• 6:50
  [SPEAKER_01]: So because of that, the goal has always been to develop an awareness of not just what the threats are and the challenges, but how those challenges get flipped into opportunities.
• 7:04
  [SPEAKER_01]: Right.
• 7:05
  [SPEAKER_01]: I don't think we should look at ourselves in a deficit model.
• 7:08
  [SPEAKER_01]: We just have a unique experience and and and there's something where you have to be more of a leader than a follower.
• 7:14
  [SPEAKER_01]: If you are a follower, they will lead you to slaughter right so they got it's almost like I think about a KFC chicken.
• 7:20
  [SPEAKER_01]: The KFC chicken is raised to believe that he has one purpose, which is to end up, you know, deep fried on somebody's plate.
• 7:28
  [SPEAKER_01]: That's it.
• 7:29
  [SPEAKER_01]: And so imagine if the chickens suddenly gain consciousness and said, you know, maybe this isn't really what I'm supposed to do with my life.
• 7:36
  [SPEAKER_01]: Maybe I'm supposed to fly like the Eagles.
• 7:38
  [SPEAKER_01]: Maybe I'm supposed to be free.
• 7:39
  [SPEAKER_01]: Maybe I'm supposed to...
• 7:40
  [SPEAKER_01]: raise kids, right, books, and right, and imagine that, right, that will be a revolution because somebody was step along and say, oh, no, no, no, you're supposed, you're purpose, we reward you for being, for feeding us, right, and, and in capitalism, it's the same way.
• 7:55
  [SPEAKER_01]: It's, uh, you are misled.
• 7:58
  [SPEAKER_01]: into believing that your purpose is to go to school, get a good job and go work for some white man's corporation.
• 8:05
  [SPEAKER_01]: You are supposed to be a consumer to buy his products, you're supposed to go into debt just enough debt so they can keep you in slavery and live paycheck to pay check so you got to keep coming back to work so that all your energy is spent fuel in the capitalist machine which does not benefit you because I know people that have been working 40 or 50 years who are dying with a net worth that is lower than a newborn baby.
• 8:26
  [SPEAKER_01]: So none of this similar to the KFC chicken, you do have value, but that value is not for you and your family, it's for somebody else, right?
• 8:35
  [SPEAKER_01]: You hear to serve the people that have presented themselves to you as your God.
• 8:39
  [SPEAKER_01]: So in order to break out of that, it requires consciousness.
• 8:42
  [SPEAKER_01]: right consciousness like the KFC chicken to just say to question the system like what do you tell me to walk in that slaughterhouse why do you feed me so much why you want me fat and when i want it well maybe i should be muscular maybe i supposed to be training for some you know and and so so really um you'll find that that wealth
• 8:59
  [SPEAKER_01]: in our community will rise as the consciousness rises as people just wake up look around and say wait what is all this why am I doing this why am I serving you instead of serving myself when that consciousness hits it's a scary thing for you it's a scary thing for for your oppressor but it can be a wonderful opportunity if you really embrace it.
• 9:17
  [SPEAKER_00]: What is it going to take to get there, right?
• 9:19
  [SPEAKER_00]: Because there's been a attack on black men, on even the black family, black wealth.
• 9:27
  [SPEAKER_00]: It's been a attack for a very, very long time.
• 9:30
  [SPEAKER_00]: You know, I get I commend people like you who have been in the front line, really fighting and trying to give us that level.
• 9:37
  [SPEAKER_00]: of awareness, that level of consciousness.
• 9:39
  [SPEAKER_00]: But it almost seems like for every doctor boys, walkins that pop up, right?
• 9:46
  [SPEAKER_00]: And I'm proud now, just like your proud, where we see all of these black men who are taking leadership, who are teaching financial education, who are leading communities and really helping with wealth.
• 9:57
  [SPEAKER_00]: But every one of those that come up, there's
• 10:00
  [SPEAKER_00]: tent, you know, counters this drill wrappers, this, you know, lean, there's, you know, you know, purpose sets, there's the drug culture, there's, you know, sports betting and we'll talk about that at a moment.
• 10:15
  [SPEAKER_00]: Like there's all of these things that are highly addictive, that are counter to the consciousness of, so how do we, how do we fight that fight?
• 10:28
  [SPEAKER_01]: Well, you said the word fight the fight.
• 10:30
  [SPEAKER_01]: You got to fight the fight.
• 10:31
  [SPEAKER_01]: You know, for example, Michael Jordan won six championships and there was never a time when he won a championship where he did not have an opponent.
• 10:41
  [SPEAKER_01]: Every time he got better, the opponent would get better.
• 10:44
  [SPEAKER_01]: The adversary will always
• 10:47
  [SPEAKER_01]: have another agenda that is different from your own.
• 10:51
  [SPEAKER_01]: And if you read books like Poweronomics by Dr. Claude Anderson, one of the most important things he does in terms of giving us that wake-up call that we need is he helps us understand like you want a competition, man.
• 11:01
  [SPEAKER_01]: You know, if you're in a competition, it never gets easy.
• 11:04
  [SPEAKER_01]: My fact is, you know, like Mike Tyson always talks about everybody has a plan to get punched in the mouth.
• 11:11
  [SPEAKER_01]: And so my biggest concern is not so much that somebody's going to want to punch you in the mouth.
• 11:14
  [SPEAKER_01]: The course that's going to happen.
• 11:16
  [SPEAKER_01]: My question is, what do you do when you get punched?
• 11:19
  [SPEAKER_01]: And the biggest, so the biggest attacks on black men in my view, one of the biggest is just the attack on our desire to be masculine enough to get punched in the mouth and realize that you still are supposed to keep on fighting.
• 11:34
  [SPEAKER_01]: You expect the punch.
• 11:35
  [SPEAKER_01]: You got to expect that.
• 11:36
  [SPEAKER_01]: Look, if you run up a hill with a gun, which you'll gun out, they're going to pull that gun out too.
• 11:41
  [SPEAKER_01]: And that actually is really when you're most alive.
• 11:46
  [SPEAKER_01]: that you're getting closer to all these things that we talk about equality and freedom and all that.
• 11:51
  [SPEAKER_01]: The reason that they're so nice to you is because you're tame and you're under control.
• 11:57
  [SPEAKER_01]: That's why I feel like they'll say wonderful things and make you feel good because they want to keep you docile, but the minute you start to wake up and say, hey, what you got, I want freedom too.
• 12:06
  [SPEAKER_01]: I want wealth too.
• 12:07
  [SPEAKER_01]: I want power too.
• 12:09
  [SPEAKER_01]: Well, they're shit.
• 12:09
  [SPEAKER_01]: Why the hell are they going to give that to you?
• 12:11
  [SPEAKER_01]: Hey, no culture ever in the history of this world.
• 12:14
  [SPEAKER_01]: just give him power away freely.
• 12:16
  [SPEAKER_01]: They don't give you, like if I have a beautiful wife, I'm not just gonna give you my wife.
• 12:20
  [SPEAKER_01]: You got to fight me for that.
• 12:22
  [SPEAKER_01]: Right, I'm not gonna give you my house.
• 12:23
  [SPEAKER_01]: I'm not gonna give you my nice car.
• 12:25
  [SPEAKER_01]: You got to fight that.
• 12:26
  [SPEAKER_01]: Right, and this is the thing that they get us with is they will, in my be very strategically, take away either our willingness to compete.
• 12:37
  [SPEAKER_01]: or our ability to compete.
• 12:39
  [SPEAKER_01]: And that might come through weakening our minds when we're very young.
• 12:44
  [SPEAKER_01]: Make sure that black males are not educated, black men are the worst educated group of people in the school system.
• 12:50
  [SPEAKER_01]: It might come down to distracting you.
• 12:53
  [SPEAKER_01]: Right, if I see a little black boy and then I put him on medication that early age, make sure he doesn't get a good education and I say hey look over here look at the shiny look at the shiny look at the big booty over there look at it right all the distractions that he's not a competitor anymore because to you know if you think about Michael Jordan winning championships he had to be focused right so ultimately that's the threat the threat is not so much just you know we talk about white supremacy and stuff like that that's that's real sure racism's real absolutely
• 13:23
  [SPEAKER_01]: But all these things actually can be overcome if you are a focus black man and you're unifying with other focus black people.
• 13:30
  [SPEAKER_01]: Meaning, I've seen a lot of different types of people in my life, but I've never met a white man who told me I couldn't read a book.
• 13:39
  [SPEAKER_01]: I've never met a white man who told me I couldn't take care of my kids.
• 13:41
  [SPEAKER_01]: I've never met a white man who told me I couldn't start a business.
• 13:44
  [SPEAKER_01]: I've never met a white man who told me I couldn't say money, make an investment, or go to the gym.
• 13:49
  [SPEAKER_01]: Right, so sometimes we got to understand that we had to be really careful about how we talk about racism and white supremacy because sometimes if you if you are obsessed with with the strength of your opponent Then it can cause you to almost glorify him to the point that you forget that you also have the ability to play offense as well right like imagine a football game where the other team got to the game and all they did was spend time talking about how good the other team was
• 14:18
  [SPEAKER_01]: Man, those wild receivers are fast.
• 14:20
  [SPEAKER_01]: Ooh, did you see that line-backer hit that guy?
• 14:22
  [SPEAKER_01]: Ooh, that was, whoa, that was that.
• 14:23
  [SPEAKER_01]: I don't know, here, you know what I mean?
• 14:24
  [SPEAKER_01]: Like, you're not going to win like that.
• 14:26
  [SPEAKER_01]: You can't do that.
• 14:27
  [SPEAKER_01]: You have to come in and think about what your strengths are.
• 14:31
  [SPEAKER_01]: And maximize those strengths, right?
• 14:33
  [SPEAKER_01]: So this is the shift in mindset that is occurring.
• 14:37
  [SPEAKER_01]: It's not, no, no, no, no, no.
• 14:39
  [SPEAKER_01]: So there are, you know, there's a whole, was it speech, the brother speech made the movie The Negga Factory, which was great because they mass produced the Negga culture.
• 14:46
  [SPEAKER_01]: Yeah.
• 14:47
  [SPEAKER_01]: They mass produced that shit the same way you produce Tesla's and Ford's and VCR's, right?
• 14:52
  [SPEAKER_01]: Like, oh, whatever, they were used VCR's.
• 14:53
  [SPEAKER_01]: But you know what, the same way a factory can produce washing machines.
• 14:57
  [SPEAKER_01]: They mass produced the Negga culture.
• 14:59
  [SPEAKER_01]: And that is designed.
• 15:01
  [SPEAKER_01]: For a couple reasons, one, to make the people that control the culture very wealthy, they don't make us wealthy, and then number two, to remind you that you're not supposed to compete with their white man, because you ain't nothing but a naked.
• 15:13
  [SPEAKER_01]: Then you'll, unfortunately, we get tricked in the validating that, and that's when it becomes very dangerous.
• 15:18
  [SPEAKER_00]: And that was going to be one of my follow-up questions, because one could argue that the only reason why we are stuck in a naked culture is because
• 15:29
  [SPEAKER_00]: You know the white man or whoever controls that culture and they're they're funding the demise So it's not like we're not waking up, right?
• 15:38
  [SPEAKER_00]: Let's say if I grew up in you know, I mean the even even someone like myself who grew up in a low income Neighborhood like grew up in a project in Harlem, you know, you know every corner it is a
• 15:48
  [SPEAKER_00]: There's a liquor store, there's a Chinese restaurant, like all these things that happen by design when I think about music, when I, you know, I'm an 80s, 90s baby, and I remember that there was a balance between the type of music that I could listen to now when I turn on the radio, like I've, like there is no balance, but even though
• 16:11
  [SPEAKER_00]: I'm saying it's, it's my brothers and sisters who are spewing this message, but who's controlling them, who controls the airways, who controls YouTube, who controls Spotify, who controls the music industry, who, like, so it's, it's almost like, all right, it almost feels like we're doing it to ourselves, but isn't there a puppet master, like, like, like how do we, how do we take control of the of of of of those things that are controlling us?
• 16:41
  [SPEAKER_01]: Um, I don't know if you can.
• 16:43
  [SPEAKER_01]: I don't know necessarily how I can go to, you know, the Epstein type people that run the world allegedly and make them do something different.
• 16:54
  [SPEAKER_01]: Yeah.
• 16:54
  [SPEAKER_01]: What I do know though is there are spaces we do control.
• 16:58
  [SPEAKER_01]: Yeah.
• 16:58
  [SPEAKER_01]: Uh, and I'll start with something uh, a simple as black leadership.
• 17:02
  [SPEAKER_01]: We've always had this idea of what a black leader was, you know, somebody on TV telling black people what to do and we supposed to follow.
• 17:08
  [SPEAKER_01]: I've never seen that as black leadership, that's not black leadership.
• 17:11
  [SPEAKER_01]: Black leadership that you can trust has to be, in my view, it should be more localized.
• 17:18
  [SPEAKER_01]: If I'm a father and a husband, then our house hold has at least two black leaders in and me and my wife.
• 17:24
  [SPEAKER_01]: And if we do our job as black leaders, by focusing our energy on what's happening in that space that we control,
• 17:31
  [SPEAKER_01]: And then there is a high probability our children will be gifted with the armor, emotionally spiritually and otherwise, to withstand whatever they see when they go out into the world.
• 17:45
  [SPEAKER_01]: And so, but if I get distracted, if I get distracted by serving a bigger master, for example, we live in a society where people spend more time with their balls.
• 17:54
  [SPEAKER_01]: than they spend with their kids.
• 17:56
  [SPEAKER_01]: That's not natural.
• 17:57
  [SPEAKER_01]: You're not supposed to do that.
• 17:59
  [SPEAKER_01]: We also have a society where a black man, a black woman will spend four years going to school, learning how to work for a white man, but won't even spend four weeks learning how to be a good parent.
• 18:10
  [SPEAKER_01]: Well, then shit.
• 18:11
  [SPEAKER_01]: I mean, no one of your kids will fucked up because you never took the time to learn how to raise them.
• 18:14
  [SPEAKER_01]: Right, he's winging it.
• 18:16
  [SPEAKER_01]: Right, but you can't go working that factory in wing it.
• 18:18
  [SPEAKER_01]: You can't go.
• 18:19
  [SPEAKER_01]: You can't even run a bugger king in wing it.
• 18:21
  [SPEAKER_01]: They go say to you to burger score and teach you how to run a burger.
• 18:23
  [SPEAKER_01]: So why are you trying to wing it?
• 18:25
  [SPEAKER_01]: You, you've got we'll go get training to do a job.
• 18:28
  [SPEAKER_01]: But won't get training to do your most important job, which is to be the husband, be the father, be the wife, be the mother.
• 18:36
  [SPEAKER_01]: Imagine how great our families would be.
• 18:38
  [SPEAKER_01]: If everybody before they got married was required themselves to spend six weeks learning how to be a spouse, learning how to resolve conflicts, learning how to keep the family unit together.
• 18:48
  [SPEAKER_01]: Do you know that that would increase black wealth by about three or four trillion dollars in one generation?
• 18:52
  [SPEAKER_01]: Wow.
• 18:52
  [SPEAKER_01]: Why?
• 18:52
  [SPEAKER_01]: Well, because every study shows.
• 18:55
  [SPEAKER_01]: That family structure is a direct determinant of your economic outcome.
• 18:59
  [SPEAKER_01]: The lowest net worth in America is a single black mother with children.
• 19:03
  [SPEAKER_01]: And right next to her is the single man that's got eight babies, mama's and it's paying child support to everybody.
• 19:09
  [SPEAKER_01]: It's very difficult to build when you scramble it like that, right?
• 19:12
  [SPEAKER_01]: So ultimately, just by focusing on things like that, like figuring out, okay, if I'm getting training.
• 19:18
  [SPEAKER_01]: What am I learning how to do?
• 19:20
  [SPEAKER_01]: And am I learning how to do things that are gonna benefit me and the people I care about?
• 19:25
  [SPEAKER_01]: Or am I just learning whatever the hell they told me to learn?
• 19:28
  [SPEAKER_01]: That right there goes a long way, like so for example, you and I know it doesn't take long to teach somebody how to buy a share stock.
• 19:35
  [SPEAKER_01]: I can show you that in three minutes.
• 19:37
  [SPEAKER_01]: So you think about this, right?
• 19:39
  [SPEAKER_01]: It takes about approximately, I want to say something like 157,680 hours
• 19:49
  [SPEAKER_01]: And in that 157,000 hours, not once this somebody take two hours and teach that child how to invest.
• 19:55
  [SPEAKER_01]: Nobody took the time to prepare that child financially, nobody took the time to teach him how to make money by doing anything other than chase jobs.
• 20:02
  [SPEAKER_01]: What would you do with all that time?
• 20:04
  [SPEAKER_01]: What was going on in the house?
• 20:05
  [SPEAKER_01]: Like, what happened there, right?
• 20:07
  [SPEAKER_01]: And then when he's 26, 27 years old, and he's on TikTok crying because he can't pay bills and he stressed out and he's, you know, you see those videos right there?
• 20:15
  [SPEAKER_02]: You know, have somebody, it's like, hey, myself!
• 20:21
  [SPEAKER_01]: That can all be prevented, right?
• 20:25
  [SPEAKER_01]: So a lot of this, in my view, happens because we're trying to be distracted.
• 20:31
  [SPEAKER_01]: They say, no, this is what you're supposed to do.
• 20:33
  [SPEAKER_01]: Go to school, make a great.
• 20:34
  [SPEAKER_01]: Go to college, go do this deep in debt, and then spend the rest of your life pretending like you're working yourself out of debt when you and I both know that you'll never pay those student loans off.
• 20:44
  [SPEAKER_01]: Well, that's a formula for slavery, that's, you know, you, you, you from, you grew, you grew up in the projects in Harlem, I was born to projects in Louisville, Kentucky, and we both know Pimpin when we see it.
• 20:54
  [SPEAKER_01]: Thanks.
• 20:54
  [SPEAKER_01]: Then they number Pimpin.
• 20:55
  [SPEAKER_01]: Yeah, yeah, thanks.
• 20:56
  [SPEAKER_01]: So there you go.
• 20:57
  [SPEAKER_00]: Yeah, and so, and so, you know, what, and I appreciate that because I feel like, you know,
• 21:04
  [SPEAKER_00]: Another way to to expand and to help our culture is really us, those who are aware, those who are awake to teach others and we talk behind the scenes, you know, I said, man, you know, one of the reasons why.
• 21:19
  [SPEAKER_00]: You know, I do what I do in even this year.
• 21:22
  [SPEAKER_00]: I'm being more intentional about amplify my voice more because I feel like I failed my community, right?
• 21:33
  [SPEAKER_00]: And when I say fail, I don't mean like I didn't do anything.
• 21:38
  [SPEAKER_00]: I just feel like I didn't do enough, right?
• 21:40
  [SPEAKER_00]: And again, I consider myself, you know, OG in this, you know, in this financial education space, I consider you look a triple OG, right?
• 21:48
  [SPEAKER_00]: In this space, do you feel like you have a responsibility for that, right?
• 21:54
  [SPEAKER_00]: As far as like ushering in and teaching the leaders, right?
• 21:59
  [SPEAKER_00]: Because you're somebody who, and this is the given occurs, right?
• 22:03
  [SPEAKER_00]: The given occurs is a lot of times we have a lot of success,
• 22:14
  [SPEAKER_00]: Don't, don't talk about your success because you make this up a target or people start to hate on you or whatever the case may be, but then on the other side of it though, if I don't
• 22:25
  [SPEAKER_00]: You know, talk about my success or talk about what I've been able to do, then it opens the door for other people who are loud, who don't have good intentions to sort of like take over.
• 22:39
  [SPEAKER_00]: So I give an example, you know, I know, right, you haven't ever talked about it publicly, but I know that you've had
• 22:49
  [SPEAKER_00]: I mean, like you kind of started this revolution if you will, of financial literacy, like your black world at one time had a million subscribers.
• 23:00
  [SPEAKER_00]: Like before, like what I'm saying is like, this is like 15, 20 years ago.
• 23:05
  [SPEAKER_00]: This is not like recent.
• 23:08
  [SPEAKER_00]: So to have that many, to create, you know, the black business school and have thousands.
• 23:16
  [SPEAKER_00]: I'm, again, I'm not, because I don't want nobody to count your pockets.
• 23:19
  [SPEAKER_00]: I'm not going to say, I know the number, right?
• 23:21
  [SPEAKER_00]: But to have, at the time you did it, to have people collectively, like you had a movement that was so huge, um,
• 23:33
  [SPEAKER_00]: which also, it birthed the ash cash, right?
• 23:37
  [SPEAKER_00]: It birthed other financial educators, right?
• 23:40
  [SPEAKER_00]: When you look and see a lot of the people who may have grown from your tree, like I know for a fact that I have people who've grown for my tree, because I'm 15 years in now, and I have people who've grown for my tree, so if I'm not, if I'm not a father, you're a grandfather, right?
• 23:59
  [SPEAKER_00]: But at the same time,
• 24:00
  [SPEAKER_00]: You know, you don't talk about it enough, right?
• 24:03
  [SPEAKER_00]: You don't, you don't puff your chest out enough, right?
• 24:06
  [SPEAKER_00]: And so it takes people like me who know, right?
• 24:11
  [SPEAKER_00]: But is that like, is that fair, right?
• 24:13
  [SPEAKER_00]: So I'm to the mission that,
• 24:16
  [SPEAKER_00]: Dr. Boyce Wackens is a if you know you know then the world don't put them like like when they talk about civil rights They like model the king.
• 24:26
  [SPEAKER_00]: They're like you know, you know, you know Marcus Garvey Malcolm like they they put these people up there like they know the linians They know right and you're still here
• 24:39
  [SPEAKER_00]: Right?
• 24:39
  [SPEAKER_00]: So, like you're a highly intelligent, you know, you worked at a PWI as a professor.
• 24:48
  [SPEAKER_00]: Like this, this ain't, this ain't, you didn't chat GPT, like you really studied this stuff, but like, do you feel like you got a responsibility to be more vocalist, show people the right way so that we don't have all of these
• 25:04
  [SPEAKER_00]: financial scammers a long because that also becomes a distraction as well right now when people talk about oh I do courses or I teach all you a scammer yeah you know first off thank you for saying that I appreciate that and do we have a responsibility absolutely yes
• 25:23
  [SPEAKER_01]: In fact, if it wasn't for the responsibility, I wouldn't have done it that way.
• 25:27
  [SPEAKER_01]: I love Syracuse University, specifically so that I can impact the people that mattered to me.
• 25:33
  [SPEAKER_01]: Most people can't afford to go to Syracuse, I think it's $100,000 a year now.
• 25:37
  [SPEAKER_01]: So 100% absolutely, I don't understand anybody who says they're pro-black, who feels no responsibility for other black, who that's very strange to me.
• 25:46
  [SPEAKER_01]: Now, with that said, when you mentioned puffing your chest out, per se, I don't, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I
• 26:14
  [SPEAKER_01]: strength without being, you know, boisterous and loud about the strength, right?
• 26:19
  [SPEAKER_01]: Sometimes the situation calls for volume, right?
• 26:22
  [SPEAKER_01]: Sometimes you gotta yell, and I talk a lot, you know, I've done probably almost 30,000 YouTube videos.
• 26:28
  [SPEAKER_01]: So, and I teach class every morning for free to, you know, a few thousand people to come in there, right?
• 26:33
  [SPEAKER_01]: So, so I've always been willing to share what I know,
• 26:38
  [SPEAKER_01]: But one of the things that I never really was always impressed with was the loudest Negro that ain't about nothing.
• 26:46
  [SPEAKER_01]: You know, like that just, I could see right through it.
• 26:49
  [SPEAKER_01]: Yeah.
• 26:49
  [SPEAKER_01]: And I think it's because I had a father that was very tough.
• 26:55
  [SPEAKER_01]: He was a Vietnam veteran.
• 26:57
  [SPEAKER_01]: He's killed people.
• 26:57
  [SPEAKER_01]: He was a police commander.
• 26:59
  [SPEAKER_01]: He commanded hundreds of officers.
• 27:01
  [SPEAKER_01]: And he was scary, right?
• 27:04
  [SPEAKER_01]: And honestly, when he, because he was so young,
• 27:08
  [SPEAKER_01]: I felt like sometimes bullies a little bit because it was like he's the alpha everyone else must subordinate to that.
• 27:15
  [SPEAKER_01]: I didn't question that at all, right?
• 27:16
  [SPEAKER_01]: It was like complete fear.
• 27:18
  [SPEAKER_01]: But one of the things that that deal was that made me, I realized through their therapy that that caused me to have a real disliked for bullies.
• 27:27
  [SPEAKER_01]: right like those loud you know so so when you have some loud person is in your face yelling trying to intimidate you my back stiffens up like oh you thought oh you thought because I'm being nice to you that I'm a I'm a pussy yeah we're gonna try that set we're gonna test that theory in a minute right and and what will happen is um
• 27:46
  [SPEAKER_01]: It would cause, it would break down a potential collaboration because when you're always trying to, when you have a bunch of men where everybody's trying to be the alpha, and my goal is to manage to dominate you, and remind you that Ash Cash, you'll never be Boyce Walk as you are not me.
• 28:03
  [SPEAKER_01]: I'm the man up in this motherfucker, right?
• 28:05
  [SPEAKER_01]: What good is that?
• 28:06
  [SPEAKER_00]: Yeah, yeah.
• 28:07
  [SPEAKER_01]: What good is that?
• 28:08
  [SPEAKER_01]: How do I think that there's only room for greatness for one man in this room and everybody else must be secondary to that?
• 28:14
  [SPEAKER_01]: No, I think we're all great.
• 28:16
  [SPEAKER_01]: Right?
• 28:16
  [SPEAKER_01]: That's scarcity versus abundance.
• 28:19
  [SPEAKER_01]: And I really blame the toxic side of hip hop.
• 28:22
  [SPEAKER_01]: I love hip hop, by the way.
• 28:23
  [SPEAKER_01]: But that toxic shit.
• 28:25
  [SPEAKER_01]: You know, like I was, I was, I don't talk about it much, man.
• 28:28
  [SPEAKER_01]: But I was really close with Damon Dash.
• 28:30
  [SPEAKER_01]: love day, man.
• 28:31
  [SPEAKER_01]: We hung out.
• 28:31
  [SPEAKER_01]: We go to California.
• 28:32
  [SPEAKER_01]: I have them.
• 28:33
  [SPEAKER_01]: I'm slightly neurodivergent.
• 28:35
  [SPEAKER_01]: These are things you find out of therapy, right?
• 28:37
  [SPEAKER_01]: So I tend to focus on a small number of deep relationships.
• 28:40
  [SPEAKER_01]: Damon, I work really, really cool.
• 28:42
  [SPEAKER_01]: And I will go see him and we've taught, we spend hours, hours together.
• 28:47
  [SPEAKER_01]: And I remember seeing times where Damon would kind of
• 28:51
  [SPEAKER_01]: Get it, you know, he would dame dash fee.
• 28:53
  [SPEAKER_01]: Well, so he had a turn for you to say I had to dame dash him because I'm like well, if you ever try to dame dash me, that's not going to work, right?
• 29:00
  [SPEAKER_01]: And I'll be such as be sitting there like and I'll watch him just tear somebody down to pieces and and I'll just be watching You know, I'm like, well, gosh, I hope he doesn't do that to me.
• 29:08
  [SPEAKER_01]: Yeah, right?
• 29:08
  [SPEAKER_01]: And then it happened a couple of times and and I just man
• 29:13
  [SPEAKER_01]: I'm not interested in doing this for you know, and I didn't, I didn't, I'm not gonna outnigger you.
• 29:18
  [SPEAKER_01]: You know what I mean?
• 29:19
  [SPEAKER_01]: I don't want to do that.
• 29:20
  [SPEAKER_01]: That's stressful and it's counterproductive.
• 29:23
  [SPEAKER_01]: I'm just gonna walk away.
• 29:24
  [SPEAKER_01]: I'm just gonna say, you know, good luck to it.
• 29:26
  [SPEAKER_01]: But, right?
• 29:26
  [SPEAKER_01]: Same thing happened when I was interacting with Kanye.
• 29:28
  [SPEAKER_01]: Same thing, Kanye.
• 29:29
  [SPEAKER_01]: And here's my point.
• 29:30
  [SPEAKER_01]: I bring those two guys up, not because I'm trying to attack them because I like them both.
• 29:34
  [SPEAKER_01]: I really do, and I remember my wife's at therapist, which is perfect, because she's the doctor on the patient.
• 29:40
  [SPEAKER_01]: I'm fucked up, like a lot of us are,
• 29:43
  [SPEAKER_01]: And what I found was that what's frustrating is, so here you have a culture where everybody wants to be the alpha, so men rather than thinking collaboratively are thinking competitively, right?
• 30:01
  [SPEAKER_01]: Like there's not enough of both, not enough of both of us to be great.
• 30:04
  [SPEAKER_01]: and so, so, so, and then on top of that, I grew up bullied, so I'm easily triggered by that, right?
• 30:12
  [SPEAKER_01]: I get pissed off and I don't want to talk to you anymore at that point.
• 30:15
  [SPEAKER_01]: So I can't even resolve my way through that.
• 30:18
  [SPEAKER_01]: So part of it's on me, too.
• 30:19
  [SPEAKER_01]: Yeah.
• 30:20
  [SPEAKER_01]: But my wife was like, well, you know, he was just talking like that.
• 30:22
  [SPEAKER_01]: You should just let them go, I'm like, no, I can't let the fucking you know, I like that side.
• 30:26
  [SPEAKER_01]: You know what I mean?
• 30:27
  [SPEAKER_01]: So, so to me, it's like, why does it have to be this way?
• 30:29
  [SPEAKER_01]: Yeah.
• 30:30
  [SPEAKER_01]: You know, who's who's flooding this this idea that that we all have to carry around this version of toxicity because here's what it does.
• 30:40
  [SPEAKER_01]: I'll give it real life example because I respect you.
• 30:43
  [SPEAKER_01]: And so I'll say this here.
• 30:44
  [SPEAKER_01]: I don't talk about this publicly.
• 30:45
  [SPEAKER_01]: But imagine if, if Kanya and I had got together, really wanted to help each other.
• 30:50
  [SPEAKER_01]: And I said, okay, I see you got, you got a lot of money, a lot of power.
• 30:53
  [SPEAKER_01]: I have some ideas.
• 30:54
  [SPEAKER_01]: He liked our ideas.
• 30:55
  [SPEAKER_01]: He called me, he called, we talked for 12, 13 hours.
• 30:58
  [SPEAKER_01]: During the All Black National Convention because he was interested in what we were doing.
• 31:01
  [SPEAKER_01]: And I said, yeah, you know, we could use some funding to really accelerate this.
• 31:05
  [SPEAKER_01]: Right?
• 31:05
  [SPEAKER_01]: And imagine that that collaboration had a car.
• 31:08
  [SPEAKER_01]: We could have changed the world.
• 31:09
  [SPEAKER_01]: And there are some individuals that are more in that celebrity space who do have the energy.
• 31:14
  [SPEAKER_01]: Ice Cube has that energy.
• 31:15
  [SPEAKER_01]: Yeah.
• 31:15
  [SPEAKER_01]: Right?
• 31:16
  [SPEAKER_01]: Uh, when we talked, we talked for it.
• 31:17
  [SPEAKER_01]: I was again.
• 31:18
  [SPEAKER_01]: and cube.
• 31:20
  [SPEAKER_01]: He knows he's ice cube and I know he's ice cube.
• 31:22
  [SPEAKER_01]: Right.
• 31:23
  [SPEAKER_01]: I was like, wow, that's, I respect you.
• 31:26
  [SPEAKER_01]: Yeah.
• 31:26
  [SPEAKER_01]: But he also understood, and maybe it can't be, maybe because he's on the west coast.
• 31:31
  [SPEAKER_01]: There's, there's high arcades.
• 31:33
  [SPEAKER_01]: There's, there's, there's more of a, the one benefit of the gang.
• 31:37
  [SPEAKER_01]: Culture, I believe, is that it teaches you to kind of collaborate a little bit like I'm part of a group I'm part of something bigger than myself So we got together and we partnered on some stuff that was really impactful.
• 31:50
  [SPEAKER_01]: Yeah, you know in terms of the politics and all that so like all the stuff That we was doing that whole thing basically doing something that I agree with a hundred percent Which was getting black people to really think about who you're voting for instead of just automatically doing what you told, right?
• 32:02
  [SPEAKER_01]: And what he did also that I was that I've respected so much was when he made this amazing contract with black America That everybody everybody should read this.
• 32:10
  [SPEAKER_01]: This is it was so good Because I remember opening I was like, okay, well, you know, what's this guy saying?
• 32:14
  [SPEAKER_01]: Can I didn't know him at the time and I'm like, whoa?
• 32:17
  [SPEAKER_01]: This is good.
• 32:18
  [SPEAKER_01]: You know what he did
• 32:19
  [SPEAKER_01]: He collaborated.
• 32:20
  [SPEAKER_01]: He reached out to scholars.
• 32:21
  [SPEAKER_01]: He said, look, I'm an artist.
• 32:22
  [SPEAKER_01]: I know what I can bring to the table, because I know I'm ice cube, but I know that you're an expert on criminal justice.
• 32:28
  [SPEAKER_01]: I know you're an expert on finances.
• 32:29
  [SPEAKER_01]: I know you're expert on this business.
• 32:31
  [SPEAKER_01]: And that to me is when you see us being as great as we can be.
• 32:35
  [SPEAKER_01]: So the idea is really, so where you and I can, I think, contribute to this is I want to help create a cultural collaboration.
• 32:46
  [SPEAKER_01]: There starts with us as men accepting the fact that look we've we've been traumatized a lot of us are you know there's a trauma test you could take on my figure was I think for the aces test
• 32:55
  [SPEAKER_01]: And if your score is high, what happens is that you have a hard time collaborating because you see emotional connection and unity almost like a threat.
• 33:04
  [SPEAKER_01]: Like if I let somebody get too close, you know bad things are gonna happen to me, because a lot of us live through the 90s.
• 33:10
  [SPEAKER_01]: And we saw, I'm sure you have friends that got killed.
• 33:13
  [SPEAKER_01]: I know I have.
• 33:14
  [SPEAKER_01]: You probably also have friends that got 20, 30 years in prison.
• 33:18
  [SPEAKER_01]: That was scary.
• 33:20
  [SPEAKER_01]: And so the healing part, there's nothing more beautiful
• 33:24
  [SPEAKER_01]: two emotionally healthy, powerful, intelligent, capable, ambitious black men working together for the greater good.
• 33:31
  [SPEAKER_01]: When you do that, that's when we become extraordinary.
• 33:34
  [SPEAKER_01]: And I believe that that can happen.
• 33:36
  [SPEAKER_01]: I don't believe hip hop culture breeds that because this is one, this is one autofactor wise supremacy.
• 33:41
  [SPEAKER_01]: They kind of make us believe that there's only room for one of us.
• 33:44
  [SPEAKER_01]: Right, or you imagine like on some corporate job, you know, some company or whatever, when they got one black person to HR And so you see that other black person coming if you like you like like the Django with the Steven Saw Django on the horse Right, that's how we kind of end up looking at each other.
• 34:00
  [SPEAKER_01]: Yeah
• 34:00
  [SPEAKER_01]: And so the benefit and the power of black wealth economic independence institution building is that we can create spaces where there's room for everybody to win everybody to succeed everybody to be healthy happy and rich and that to me, I think is where we want to go because our problem is not so much in economic issue.
• 34:17
  [SPEAKER_01]: It is partly but not completely it's not also not a.
• 34:20
  [SPEAKER_01]: Knowledge access issue.
• 34:21
  [SPEAKER_01]: We used to say well, we would do better if if they told us they they keep the information from us No, you have a whole university on yourself.
• 34:29
  [SPEAKER_01]: Right, so so access the knowledge is not the issue the problem is culture The problem is culture.
• 34:34
  [SPEAKER_01]: So if we fix the culture then guess what you will see Not just certain black people rise, but you'll see families in communities rise.
• 34:43
  [SPEAKER_01]: Yeah
• 34:43
  [SPEAKER_01]: And it all comes down to leadership and that leadership in my view starts in the home, in its spaces like this.
• 34:49
  [SPEAKER_01]: It's not on Capitol Hill, it's not on TV, it's not in Hollywood.
• 34:53
  [SPEAKER_01]: Once we get that, I think we'll be better off.
• 34:54
  [SPEAKER_00]: Yeah, yeah, and I love that.
• 34:56
  [SPEAKER_00]: And you mentioned Dave earlier, and I feel like, you know, everybody knows like the infamous, you know, you know, Dave Dash, and if you want to breakfast club where we say, you know, you're not a boss
• 35:08
  [SPEAKER_00]: But I do think that that level of conversation did kind of spark people wanting to, you know, young people specifically wanting to evaluate their relationship with the job versus being an entrepreneur, things of that nature But understanding that there has to be a balance, right?
• 35:29
  [SPEAKER_00]: Like you can't, like I know for me, you know, I wouldn't be who I am today if I didn't have like I got my career working at a bank.
• 35:38
  [SPEAKER_00]: Like, I started that chase when I was 19 years old, I learned a lot working in a system, and then once I left the system, I kind of used that system to create my own system, right?
• 35:49
  [SPEAKER_00]: I could imagine same thing, like you worked within a system, but in order to, you know, now you build, you know, the black business school with thousands of people, you know, you're able to kind of just borrow, if you will, some things from that system,
• 36:04
  [SPEAKER_00]: How do we teach if you will people about systems that are afraid to even enter those systems if you will, right?
• 36:15
  [SPEAKER_00]: So like even myself, when I look at entrepreneurs,
• 36:19
  [SPEAKER_00]: the thing that or or people that I've mentioned or even the thing that that ticks me off about them the most is that is is their level of unprofessionalism right and so now I'm teaching them certain things and I'm telling things about business but because they never went through any type of system they don't have that level of professionalism but again at the same time because they're making money
• 36:44
  [SPEAKER_00]: They feel like nobody can't tell them anything.
• 36:46
  [SPEAKER_00]: So like, what is that balance between doing your own thing, being a boss, and then also that level of like, plug your stuff into a system that could teach you how to have longevity and professionalism and things in that nation.
• 37:01
  [SPEAKER_01]: Well, you know, you talked about the interview Dame did on the breakfast club, which was really, really great to watch.
• 37:08
  [SPEAKER_01]: Dame has a great way of expressing himself and he's an interesting guy.
• 37:12
  [SPEAKER_01]: And right off the interview, Charlotte main called me and wanted me to come on and because I think he was distressed about what Dame said he was concerned.
• 37:20
  [SPEAKER_01]: He's like, he's like, man, I got gas calling me, tell him what they're gonna quit.
• 37:23
  [SPEAKER_01]: They'd have tomorrow.
• 37:25
  [SPEAKER_01]: And I listened to it, and I told him I said, I'll come in and I will contextualize what Dame said.
• 37:35
  [SPEAKER_01]: But I'm not going to neutralize it, right?
• 37:37
  [SPEAKER_01]: Because what Dame and did in that interview, which I thought was great was he was basically telling black men like, you know, check your testicles, man.
• 37:45
  [SPEAKER_01]: Right.
• 37:46
  [SPEAKER_01]: You know, like why are you up here having you a grown-ass man you are powerful you're capable and you got these people got you right right here looking like a little boy or a little girl and then and that's that that's one of the goals of America.
• 37:56
  [SPEAKER_01]: I really I'm convinced America wants to feminize And infantilize like make make make the black man a child like they want to do that to the black man right and I'm not a fan of it at all.
• 38:07
  [SPEAKER_01]: So I like that part.
• 38:08
  [SPEAKER_01]: Yeah.
• 38:08
  [SPEAKER_01]: But the problem is when you when your chest puffs out and you're ready to fight, you cannot do that without strategy, right, imbalance, right, so, so, so what happened then was I said, because I think I think I remember, I was the superman of that conversation, remember Charlie me said, he said, you know, why people can go get jobs and that's okay.
• 38:25
  [SPEAKER_01]: I said, yeah, but you're not white.
• 38:26
  [SPEAKER_01]: Yeah, we're not we don't have the same things white people have it.
• 38:29
  [SPEAKER_01]: That's to me.
• 38:31
  [SPEAKER_01]: If you want to fall in the trap as a black person, you'd call through life thinking you white.
• 38:35
  [SPEAKER_01]: Then you're going to be pissed off your whole life because you'll be like, wait, man, I went to the same school.
• 38:39
  [SPEAKER_01]: I made the same grades.
• 38:40
  [SPEAKER_01]: I got the same degree, but they still fired your black ass because you're black and you forgot you live in America, right?
• 38:46
  [SPEAKER_01]: Well, they get in the white guy of the race and the promotion they didn't give it to me.
• 38:49
  [SPEAKER_01]: Well, of course, because this is not just America, but this is human nature, actually.
• 38:55
  [SPEAKER_01]: People, they embrace people that are similar to themselves.
• 39:00
  [SPEAKER_01]: Chinese people want to give opportunities to other Chinese people.
• 39:03
  [SPEAKER_01]: Aero people want to give opportunities to other Arabs.
• 39:05
  [SPEAKER_01]: What makes you think that other people going to love you more than you love yourself?
• 39:09
  [SPEAKER_01]: What you're missing is not so much, there's what you think you're missing this idea that white people will love you.
• 39:15
  [SPEAKER_01]: I don't think that's ever going to happen, and because I don't think we sit around thinking about how we're going to save them every day.
• 39:20
  [SPEAKER_01]: That's not our priority.
• 39:21
  [SPEAKER_01]: So that's not this.
• 39:23
  [SPEAKER_01]: What you're missing is you're missing spaces and institutions of your own systems of your own where you get an opportunity to receive the same privilege and benefits that others get.
• 39:33
  [SPEAKER_01]: For example, in this space, we're all black people in here.
• 39:36
  [SPEAKER_01]: right in the spaces of black privilege.
• 39:38
  [SPEAKER_01]: If I was, if you had a white guy walking, he would be the disadvantage of minority in this institution built by you.
• 39:45
  [SPEAKER_01]: So really what men have to understand and this is what I think they could get from what Dan was talking about is, if you're patient and you think about things in the strategic way, but yet you're assertive in your mission focus,
• 39:57
  [SPEAKER_01]: your goal as a man should be able to create space and shelter for others to prosper and flourish.
• 40:02
  [SPEAKER_01]: I don't really care if you are the negro that got the good job.
• 40:04
  [SPEAKER_01]: So what?
• 40:05
  [SPEAKER_01]: Black people are getting jobs for hundreds of thousands of years.
• 40:08
  [SPEAKER_01]: Yeah.
• 40:09
  [SPEAKER_01]: But can you create jobs and opportunities for others?
• 40:11
  [SPEAKER_01]: Yeah.
• 40:12
  [SPEAKER_01]: Can the kids in the neighborhood come to your house and know that they're going to be safe?
• 40:15
  [SPEAKER_01]: because you're the neighborhood dad, right?
• 40:18
  [SPEAKER_01]: You're the, or maybe football coaches, right?
• 40:19
  [SPEAKER_01]: You're looking what football coaches do, right?
• 40:21
  [SPEAKER_01]: And now they, the ones who love the guys, they embrace them, they give them a good, right?
• 40:24
  [SPEAKER_01]: Right, they're spaces where we are able to take the lead.
• 40:29
  [SPEAKER_01]: And that is where leadership steps in.
• 40:31
  [SPEAKER_01]: But also leadership does require a level of training, skill, and preparation.
• 40:36
  [SPEAKER_01]: It requires emotional discipline and intelligence.
• 40:39
  [SPEAKER_01]: right.
• 40:39
  [SPEAKER_01]: It helped me.
• 40:40
  [SPEAKER_01]: For example, understanding how your masculinity gives you a certain amount of power that can be used to elevate others or to destroy others.
• 40:48
  [SPEAKER_01]: I'm my way over.
• 40:49
  [SPEAKER_01]: I talked to my friend who was raped by her daddy.
• 40:52
  [SPEAKER_01]: And she talks about how that just
• 40:54
  [SPEAKER_01]: It's fucked up the whole entire family.
• 40:57
  [SPEAKER_01]: Of course it did, right?
• 40:58
  [SPEAKER_01]: Well, in another context, you can talk to another child where they can say my daddy was a great man.
• 41:04
  [SPEAKER_01]: He protected us.
• 41:05
  [SPEAKER_01]: He loved us.
• 41:06
  [SPEAKER_01]: He made me feel like I could do anything.
• 41:08
  [SPEAKER_01]: And you see the whole group elevate because that man uses power in a good way.
• 41:13
  [SPEAKER_01]: Your power is a man reminds me of like driving a car.
• 41:17
  [SPEAKER_01]: If I'm driving a car, I could do a lot of wonderful things to that car.
• 41:20
  [SPEAKER_01]: I could use that car to drive places and make money.
• 41:23
  [SPEAKER_01]: I could give people a ride.
• 41:24
  [SPEAKER_01]: I could do all kinds of ore.
• 41:25
  [SPEAKER_01]: If I decided to use that car as a death machine and run people down on the street, I could do that too, right?
• 41:32
  [SPEAKER_01]: Now with that said, going back to Damon and the whole conversation might be in the boss.
• 41:35
  [SPEAKER_01]: Um, what was missing with that was entertainment.
• 41:39
  [SPEAKER_01]: We used to do this thing called Intelligent Boss moves.
• 41:42
  [SPEAKER_01]: This price still out there where he and I would just talk for hours and the students and the black business could be bringing in and I would give my perspective on investing as a professor.
• 41:51
  [SPEAKER_01]: He would give his, you know, as as the genius that he is, the creative Rockefeller.
• 41:56
  [SPEAKER_01]: I believe he's responsible for everything Jay-Z eventually became, even though I also understand why Jay-Z had to go in a different direction.
• 42:02
  [SPEAKER_01]: All that's complicated.
• 42:03
  [SPEAKER_01]: I get it.
• 42:05
  [SPEAKER_01]: But the thing is though, what was missing from that conversation is that you have to have some strategy behind what you're trying to do, light, light war.
• 42:14
  [SPEAKER_01]: You know, war is complex.
• 42:16
  [SPEAKER_01]: It requires planning and preparation on a very high level.
• 42:19
  [SPEAKER_01]: You cannot just get mad and decide you're going to run out there with a stick or with a gun and no, you've got to plan things, right?
• 42:25
  [SPEAKER_01]: So ultimately what Dame said was right, the energy was right, then we needed that conversation.
• 42:30
  [SPEAKER_01]: But then it's like, well, so what does that look like?
• 42:32
  [SPEAKER_01]: What does that look like if you are working at UPS?
• 42:35
  [SPEAKER_01]: And you say, man, I hate this job.
• 42:37
  [SPEAKER_01]: I have the Godhead of Bigger Plan for me.
• 42:39
  [SPEAKER_01]: I'm missing my calling, I'm missing my destiny.
• 42:41
  [SPEAKER_01]: This place is stolen my life.
• 42:43
  [SPEAKER_01]: I gotta get out of here.
• 42:45
  [SPEAKER_01]: Well, you can't do that just by getting upset and doing it on a Tuesday.
• 42:49
  [SPEAKER_01]: You gotta make a plan, right?
• 42:50
  [SPEAKER_01]: And then also the bigger plan, though,
• 42:53
  [SPEAKER_01]: you and I is the tripalogy, what we can do though is also help foster a culture where we understand that one of the big aspects of wealth and power is preparation, so that means you prepare them from the womb, right?
• 43:08
  [SPEAKER_01]: You got a little black baby in your house, he's going to be with you for about 157,680 hours until he's 18 years old.
• 43:15
  [SPEAKER_01]: You spend that time teaching him all the tools he's going to need to be powerful and successful.
• 43:20
  [SPEAKER_01]: So that he doesn't have to go to the depths of hell.
• 43:23
  [SPEAKER_01]: He doesn't have to go through the shit to want something better.
• 43:26
  [SPEAKER_01]: He's already starting out here.
• 43:28
  [SPEAKER_01]: You understand, right?
• 43:29
  [SPEAKER_01]: So one of the things that we teach our kids in a black business school, for example, is we have a model called Starty.
• 43:33
  [SPEAKER_01]: S-T-E-R-D-Y-S-T-E-R-D-Y.
• 43:35
  [SPEAKER_01]: So if you want to teach your kids how to make money, here's what you do.
• 43:37
  [SPEAKER_01]: Have a memorizes.
• 43:38
  [SPEAKER_01]: Starty stands for systems, technology, entrepreneurship, relationships, and delegation for the youth.
• 43:45
  [SPEAKER_01]: It's easy to make money with systems and just to make money with labor.
• 43:49
  [SPEAKER_01]: If you make money, right, you make money with labor, it's terrible because you're trading time for money.
• 43:53
  [SPEAKER_01]: You're trading hours of your life for a few dollar bills that's limited, eventually even if you make a lot of money, like if you, I know high paid attorneys who trade time for money and what happens is their quality of life starts to drop, right?
• 44:06
  [SPEAKER_01]: So instead of just thinking about, you know, okay, if I work, the 30 hours this week and I make $30 an hour and make $900.
• 44:13
  [SPEAKER_01]: A better approach will be to say if I have a product they cost $30 and I sell 30 units I make the same $900.
• 44:20
  [SPEAKER_01]: So at that point I've elevated it be on time There's no time in that equation.
• 44:25
  [SPEAKER_01]: You see so I've I've I've by literally Elevating my consciousness going to that other dimension where time is not a factor I've freed up my time and I'm still making money so now I got money in time.
• 44:36
  [SPEAKER_01]: Yeah, but there's not a trade-off
• 44:37
  [SPEAKER_01]: technology, technology is critical, technology, first of all, AI is going to wipe out millions of jobs.
• 44:43
  [SPEAKER_01]: That's just, you and I both know that, but then also technology is what allows systems to scale.
• 44:49
  [SPEAKER_01]: That's how Elon Musk is going to be the first trillion air is because he's a high tech guy, he's a 10, nerdy tech guy that also has systems in place that are going to grow.
• 44:59
  [SPEAKER_01]: Entrepreneurship means this every black child should learn how to start a business before their 12 years old not because they're gonna be an entrepreneur But because they need to have a backup plan in case the white man ain't hired
• 45:10
  [SPEAKER_01]: You can't have your security and happiness be dependent on the behavior of your own presence.
• 45:16
  [SPEAKER_01]: That is a death trap, right?
• 45:18
  [SPEAKER_01]: So entrepreneurship, every child should know that relationships, relationships are important because relationships are how you build wealth.
• 45:25
  [SPEAKER_01]: If you have good relationships, you know this.
• 45:27
  [SPEAKER_01]: If you have good relationships, it can allow you to team build.
• 45:30
  [SPEAKER_01]: It can allow you to
• 45:32
  [SPEAKER_01]: to do partnerships.
• 45:33
  [SPEAKER_01]: It can allow you to get opportunities that you wouldn't get if you didn't have those relationships.
• 45:38
  [SPEAKER_01]: And relationship management is a skill.
• 45:40
  [SPEAKER_01]: It's not something where you should just win it.
• 45:41
  [SPEAKER_01]: George Frazier wrote a whole book called Success Runs in our Raisins.
• 45:44
  [SPEAKER_01]: We're all it does is he teaches how to have healthy relationships, how to network with people properly.
• 45:48
  [SPEAKER_01]: So that you're an asset to their life, they're an asset to yours.
• 45:51
  [SPEAKER_01]: If you have good relationships, then you can build those systems, build those teams that you need, which goes to the D, which is delegation.
• 45:56
  [SPEAKER_01]: What I learned when I was at Syracuse, I was trying to build my business, is first I wore 40 hours a week, then there wasn't enough, I wore 50 hours a week, then there wasn't an hour or 60, 70, 80, then you get to the point where you can't do no more, right?
• 46:09
  [SPEAKER_01]: And then I realized that instead of working 80 hours a week, I should be working 8,000 hours a week.
• 46:14
  [SPEAKER_01]: Well, how do you work 8,000 hours a week?
• 46:16
  [SPEAKER_01]: Well, a delegation.
• 46:17
  [SPEAKER_01]: Bye.
• 46:17
  [SPEAKER_01]: team build but team building requires relationship management right so I have a whole team I can't exist without my team right but I found that having the team required me
• 46:28
  [SPEAKER_01]: to do a lot of work on my relationship management.
• 46:33
  [SPEAKER_01]: If you're my team member, and I need you to get stuff done, I can't treat you like shit.
• 46:37
  [SPEAKER_01]: I gotta know how to, I gotta know your personality type, you know, I gotta be sensitive enough to care about you, but NASA says that we mess up the business, right?
• 46:45
  [SPEAKER_01]: Right, you do it, I gotta draw boundaries.
• 46:47
  [SPEAKER_01]: So all these things that a therapist teaches, and all that, that comes into play when you're a boss, because then you're managing and leading people.
• 46:54
  [SPEAKER_01]: So really, the healing piece,
• 46:58
  [SPEAKER_01]: commit to the idea that healing is a critical part of wealth building and success in life.
• 47:03
  [SPEAKER_01]: I guarantee you you'll have a better community all the way across the board.
• 47:06
  [SPEAKER_00]: Yeah, yeah, I love that.
• 47:08
  [SPEAKER_00]: Can you talk a little bit about the interesting dynamic between
• 47:15
  [SPEAKER_00]: Empowering like because you talk you talk collaboration, right?
• 47:19
  [SPEAKER_00]: And specifically, you know, I know that you know this in order to build wealth We have to collaborate.
• 47:25
  [SPEAKER_00]: We have to push each other.
• 47:26
  [SPEAKER_00]: And I love you know, you know, I'll just say this as a sidebar like I love how you know You always give respect to your old jeans, right?
• 47:33
  [SPEAKER_00]: So, you know, you know, Dr. Claude Anderson, you know George Fraser, which two people that I actually have the honor of calling mentors as well And I don't even think you know this but
• 47:43
  [SPEAKER_00]: Um, it was my company that actually put power nomics as audio because you know, really, yeah, well, it was it, you know, and, and, and, and, but you show the main breakfast club is what introduced me to power nomics.
• 47:56
  [SPEAKER_00]: Well, right, because I, because I remember there was a time.
• 47:58
  [SPEAKER_00]: when you were on the breakfast club all the time and, you know, having those conversations and you were struggling with talking about power dynamics all the time all the time all the time.
• 48:06
  [SPEAKER_00]: So I remember picking up that book and really changing my life for sure because I was like, man, you know, and then, um, it got me full circle moment, you know, somebody was working with, uh, with, you know, with the innocence, um, and you know, you know, obviously, you know, Dr. Claude Anderson is our elders.
• 48:24
  [SPEAKER_00]: So he doesn't sound the same, but they were like,
• 48:28
  [SPEAKER_00]: You know, they want to get polynomics as an audio book.
• 48:31
  [SPEAKER_00]: And so me being a young guy who understands AI, so we were able to use AI to, you know, I mean, I don't know if I, I mean, I'll say publicly because it's fine because it's his voice, but we were able to produce polynomics, which is now, if you go to Ordebo, if you go to Spotify and all that stuff, he has an audio version of the book available because of that, you know, honored that I'm actually working with Dr. Fraser now as we speak,
• 48:55
  [SPEAKER_00]: You know, endless Brown and doing a collaboration book together, they've asked me to help, you know, publish the book and, you know, help them, you know, get it out there.
• 49:06
  [SPEAKER_00]: So, so you're somebody, you know, and just kind of, you know, just kind of rounding it out is that you're somebody that talks about collaboration and things of that nature.
• 49:16
  [SPEAKER_00]: For me, and you know, I've always,
• 49:21
  [SPEAKER_00]: been about uplifting our our culture, right?
• 49:26
  [SPEAKER_00]: To the point where sometimes when I see bad actors, that look like me, I'm not quick to say something because I'm conflicted, right?
• 49:39
  [SPEAKER_00]: I'm conflicted between saying something about this bad actor that may be perceived as bringing a black man down,
• 49:50
  [SPEAKER_00]: but they're also trying to stay positive or in a collaborative nature.
• 49:56
  [SPEAKER_00]: So even when I said earlier about, do you have a responsibility, do I have a responsibility, should we be puffin' our chest out?
• 50:04
  [SPEAKER_00]: I don't necessarily mean it in a way that, I'm saying I'm better than you, you're better than me.
• 50:10
  [SPEAKER_00]: I mean it in a way like if I did a better job and I'm just saying, ash cash,
• 50:17
  [SPEAKER_00]: If I believe that I'm not, I'm not going to say V-first, but I was one of the first people to combine in a book form or I call the hip hop dynamics to combine hip hop and finance together and teach it from that perspective, right?
• 50:35
  [SPEAKER_00]: I don't talk about that much.
• 50:39
  [SPEAKER_00]: I don't do enough in my eyes, I don't do enough to talk about, like I don't do enough to amplify my voice as a teacher.
• 50:50
  [SPEAKER_00]: So that a lot of people who may not have the best intentions it allows them to rise up, if you will, right?
• 50:58
  [SPEAKER_00]: And so that's what I mean about the accountability part is like, man, could I be doing enough to amplify my voice in order to give people a choice at least, right?
• 51:10
  [SPEAKER_00]: And so at one point when I would see sort of like the bad actors or whatever, who don't mean good, they look like me, can folk, they look like me, but they're not necessarily, you know they're just for the money, you know they're not, you know they scam and or whatever, like what is that fine line between saying something, right?
• 51:32
  [SPEAKER_00]: I'm going to be more specific though, right, because you can answer however you want to answer, but I'm going to be more specific.
• 51:38
  [SPEAKER_00]: Or one in, I see my brothers and I see my brothers and I'm a system.
• 51:42
  [SPEAKER_00]: So let's say, I see my brothers doing well in this podcast game.
• 51:47
  [SPEAKER_00]: They get millions of dollars, but at the same time, they're being sponsored by
• 51:54
  [SPEAKER_00]: the sports betting people who I know by decimating my community.
• 52:00
  [SPEAKER_00]: So I'm a hypocrite almost, or I like I notice, right?
• 52:04
  [SPEAKER_00]: Like, or Emma, where I'm like, yo, salute to you, because you bought the run-up 20Ms.
• 52:12
  [SPEAKER_00]: but that work cost because I know who's sponsoring you and I know they're about to rip billions from my community.
• 52:19
  [SPEAKER_00]: Like what is that?
• 52:20
  [SPEAKER_00]: How do you navigate that?
• 52:21
  [SPEAKER_00]: What is that fine line?
• 52:23
  [SPEAKER_01]: That's a tough one, man.
• 52:24
  [SPEAKER_01]: And I think once I had a great conversation with an artist I respect so much immoral technique.
• 52:32
  [SPEAKER_01]: Man, I'm just talking to that guy.
• 52:34
  [SPEAKER_01]: It's great when you talk to somebody and the conversation goes exactly the way you expect it.
• 52:39
  [SPEAKER_01]: is he's deep he's smart I love I respect him immensely and one thing I did he said that I agree with is he said he said all money ain't good money yeah it's real simple right and so so when you talk about that delicate dance of saying I love you but I don't love your sponsor yeah
• 52:59
  [SPEAKER_01]: Well, sometimes you've got to have their hard conversation, right?
• 53:02
  [SPEAKER_01]: Some people will just take it in stride, and some people may say, well, I'm not speaking to you anymore.
• 53:07
  [SPEAKER_01]: You're a hater, you just said, and the other, right?
• 53:09
  [SPEAKER_01]: Um, they just that term hater is a, is it, it's an ignorant term.
• 53:14
  [SPEAKER_01]: We need lead at term in 2005, but something, because it's, it's, uh, what it does is it, it kills critical thinking.
• 53:22
  [SPEAKER_01]: Yeah.
• 53:22
  [SPEAKER_01]: right so it that means if you're not like me and just sort of going with the flow and and following the crowd and doing what feels good they owe you a hater okay well that's okay you know that that's actually um I would argue that's actually a part of masculinity too you know my daddy was a hater man I did an interview I did an interview in Stephen Ace Michelle in 2009 or something right that was all proud the interview I was on there I never
• 53:51
  [SPEAKER_01]: And I called my dad and I said, so what'd you think about the interview?
• 53:54
  [SPEAKER_01]: He said that was bullshit.
• 53:56
  [SPEAKER_01]: He said, what do you mean?
• 53:58
  [SPEAKER_01]: He said, you know that what he said was ignorant and you just went along with it.
• 54:01
  [SPEAKER_01]: You know, and that was his opinion though, right?
• 54:03
  [SPEAKER_01]: That's, but he had no problem.
• 54:05
  [SPEAKER_01]: He's like, I don't care if you like me or not after I say this, I'm going to tell you what I see and that actually makes sometimes that'll make people respect you more when you just honest, right?
• 54:16
  [SPEAKER_01]: So,
• 54:17
  [SPEAKER_01]: I think you can say, oh, yeah, I'm happy that you make a money and it got bless you, but I wouldn't be doing what you're doing.
• 54:23
  [SPEAKER_01]: I wouldn't be taking money from those people because sometimes you have a bigger fish to fry.
• 54:28
  [SPEAKER_01]: It's like if you're my cousin, but God forbid, I know that you molested somebody in the family.
• 54:35
  [SPEAKER_01]: Well, at that point, I can't...
• 54:36
  [SPEAKER_02]: Yeah.
• 54:37
  [SPEAKER_01]: I can't just sort of say that's okay.
• 54:38
  [SPEAKER_01]: Now, that's not quite the same.
• 54:40
  [SPEAKER_01]: I don't want to make the same comparison because it's not as if these individuals are going out and creating the gambling epidemic that's going to exist, right?
• 54:48
  [SPEAKER_01]: The gambling addiction problem, but you are taking money from them, which is no different from you being sponsored by the local drug dealer.
• 54:55
  [SPEAKER_01]: And everybody thinks he's a great guy because he gives turkeys away at Christmas.
• 54:59
  [SPEAKER_01]: But what is he taking an exchange for those turkeys?
• 55:02
  [SPEAKER_01]: And so with sports betting, you have to be honest.
• 55:06
  [SPEAKER_01]: Here's the stats and everybody that's listening she's just go research this There's a growing wave of gambling addiction.
• 55:14
  [SPEAKER_01]: It's already happening in America and not only is it going to destroy lives Losing money is the worst of your problems.
• 55:21
  [SPEAKER_01]: You're definitely going to go broke you mentally bankruptcy and all that stuff, but
• 55:24
  [SPEAKER_01]: The bigger problem is the social effect in terms of what happens to families, what happens to the mindset of young people when they get caught in that web, it's a terrible place and a lot to get a minute of taking their own lives because of the gambling situation.
• 55:40
  [SPEAKER_01]: And also sports betting is directly targeting black people.
• 55:44
  [SPEAKER_01]: That's why they use black men in the ads.
• 55:47
  [SPEAKER_01]: That's why you'll see shack over here.
• 55:48
  [SPEAKER_01]: And Kevin Hart over here, LeBron over here.
• 55:51
  [SPEAKER_01]: All these, it's an easy playbook.
• 55:53
  [SPEAKER_01]: They say, okay, all the research shows that black people follow celebrities.
• 55:57
  [SPEAKER_01]: Nielsen, they did a whole study.
• 55:58
  [SPEAKER_01]: They said, look, if you want to sell a product of black people, just put a black person in the ad.
• 56:03
  [SPEAKER_01]: Right.
• 56:03
  [SPEAKER_01]: There's a whole video on that I went over with my students this morning to plant business go where it's called, uh, it was done by Ebony in 1954.
• 56:10
  [SPEAKER_01]: It's called selling to the Negro and they were basically it was all psychological.
• 56:14
  [SPEAKER_01]: It was like, okay, the Negro feels disrespected and and they, you know, if you, if you say a couple nice things, they'll buy your shit, you know what I mean?
• 56:21
  [SPEAKER_01]: That type of thing.
• 56:22
  [SPEAKER_01]: But then also the study show that we just will do what celebrities tell us to do, especially rappers and athletes, right?
• 56:28
  [SPEAKER_01]: You want to influence black men, get you a rapper, get you an athlete, whatever.
• 56:31
  [SPEAKER_01]: So this is the playbook they're going to and it's going to destroy a lot of men's lives.
• 56:37
  [SPEAKER_01]: The people they target the most are young men between 18 and 32 for whatever reason, just because of the way we made the testosterone and all that.
• 56:44
  [SPEAKER_01]: And what really gets them in trouble is the overconfidence.
• 56:47
  [SPEAKER_01]: Like just like I did when I was at age, you just think it can't happen to you.
• 56:51
  [SPEAKER_01]: You think that you're smarter than you're going to figure it out.
• 56:53
  [SPEAKER_01]: Michael Francis, the white guy, he was a member of the I think of the Gambino crime family.
• 56:59
  [SPEAKER_01]: And he does a podcast and everybody's podcast and right.
• 57:02
  [SPEAKER_01]: But he's a call dude.
• 57:03
  [SPEAKER_01]: I love listening to him because he explained it really clear.
• 57:05
  [SPEAKER_01]: He said, yeah, this is how we get them to fix games.
• 57:07
  [SPEAKER_01]: He said, you know, God thinks that he's not going to lose.
• 57:10
  [SPEAKER_01]: He said, we're moving in the mob.
• 57:11
  [SPEAKER_01]: We don't make you do enough.
• 57:12
  [SPEAKER_01]: And he said, he said, we let you know.
• 57:13
  [SPEAKER_01]: Like, hey, maybe you probably don't want to do this with the guys like, no, no, no, no, I got to figure it out.
• 57:17
  [SPEAKER_01]: So they place a few bets.
• 57:18
  [SPEAKER_01]: They get in the hole.
• 57:19
  [SPEAKER_01]: You know, quarter million, then you come by and you say, okay, all right.
• 57:22
  [SPEAKER_01]: Well, I, you know, I kind of like you.
• 57:23
  [SPEAKER_01]: So just give me 5% a week and and we'll keep working down and he said, then they'll pay a couple of weeks and then they stop paying because they can't pay anymore.
• 57:30
  [SPEAKER_01]: And then you go to him and you say, look, hey, I, I, I told you to pay me.
• 57:34
  [SPEAKER_01]: You didn't pay me.
• 57:36
  [SPEAKER_01]: It's some point.
• 57:37
  [SPEAKER_01]: I'm going to have to hurt you.
• 57:38
  [SPEAKER_01]: But hey, I like you and I, and I think you're great.
• 57:41
  [SPEAKER_01]: You're great quarterback.
• 57:42
  [SPEAKER_01]: So in the next couple of games, I'm going to need you to throw an interception.
• 57:46
  [SPEAKER_01]: right that type of thing right and that's how the athletes in the fixing game so what's going to happen it's already happening but it's just a beginning okay then it's not even the top of the iceberg but what's going to happen is you're going to see a lot of brothers at the college level in particular some some of them at the pro that are going to go to prison for very long time for fixing games
• 58:03
  [SPEAKER_01]: It's is it's is we show the chopsy bill of thing, right?
• 58:07
  [SPEAKER_01]: Yeah, and that was big But that's not even I mean, that's that's like to me.
• 58:11
  [SPEAKER_01]: I bet you that that's not even 10% of what's going on Yeah, they'll make you think like this is oh we we cleaned it out.
• 58:17
  [SPEAKER_01]: No, no, no, there's a hole
• 58:19
  [SPEAKER_01]: There's a hundred some year history of what happens with gambling.
• 58:22
  [SPEAKER_01]: They need to go look up the stories of people like Arch Schlichter, who was the high school trophy winner of Ohio State, who had a gambling addiction.
• 58:29
  [SPEAKER_01]: He eventually got kicked out of the NFL.
• 58:31
  [SPEAKER_01]: He scammed all his friends.
• 58:33
  [SPEAKER_01]: Nobody wanted to mess with him and he was just arrested six months ago at 60 something years old with a crack pipe in his back.
• 58:39
  [SPEAKER_01]: Wow.
• 58:40
  [SPEAKER_01]: Like, this is epic man, so you try to lump you in the problem, though, is sometimes, you know, when you're young, you just don't listen.
• 58:49
  [SPEAKER_01]: But sometimes some guys do, and if you were to give a job to the OG or the Triple OG, it would be to at least be able to say, okay, let me just tell you this in case this helps you in case you listen, because actually, well, my father, both of my fathers were drug addicts, both of them were addicted to heroin.
• 59:07
  [SPEAKER_01]: And my biological father, I never knew him.
• 59:09
  [SPEAKER_01]: He was in and out of jail.
• 59:10
  [SPEAKER_01]: That's everything.
• 59:11
  [SPEAKER_01]: My father that raised me, he walked away from here.
• 59:14
  [SPEAKER_01]: But he was an alcoholic for pretty much all his life.
• 59:17
  [SPEAKER_01]: And one of the best things he ever gave me as a kid was he convinced me at early age that drugs in alcohol were just never to be mess with.
• 59:26
  [SPEAKER_01]: And so today I still don't drink because I just grew up thinking that that was just no, you don't mess with it, right?
• 59:32
  [SPEAKER_01]: Because I would see men become alcoholized ruin their lives, get embarrassed in front of the kids, just do terrible things.
• 59:38
  [SPEAKER_01]: I know guys that went to prison because of stuff that they did while they were hired drunk, right?
• 59:43
  [SPEAKER_01]: And this is the other danger of the music, right?
• 59:45
  [SPEAKER_01]: They want to promote this kind of thing to the black man because the black man who's hired drunk is not at the right.
• 59:50
  [SPEAKER_01]: He's not a competitor all these things, right?
• 59:52
  [SPEAKER_01]: But then the other thing my father deal with, it was really interesting was,
• 59:55
  [SPEAKER_01]: It was you would think that a guy who's addicted to drugs and alcohol would tell me that maybe heroin's like the worst thing you could do And when he said no, he said gambling is the worst addiction America half.
• 1:00:05
  [SPEAKER_01]: I say I was like what he said?
• 1:00:06
  [SPEAKER_01]: Yeah, he said he said gambling.
• 1:00:08
  [SPEAKER_01]: He said I take a drug drug addiction over gambling any day in a week wow
• 1:00:11
  [SPEAKER_01]: So, I would say to any young man that's listening, I hope they pay attention, because it's going to get bad.
• 1:00:18
  [SPEAKER_01]: And what's interesting, too, is the drug dealers are running the police station, basically.
• 1:00:23
  [SPEAKER_01]: So, all the media outlets that might normally report on what's going on, there's rising epidemic of gambling addiction.
• 1:00:30
  [SPEAKER_01]: All of them would be inspired by the sportsmen coming.
• 1:00:33
  [SPEAKER_01]: So they're gonna talk about it whenever I show it's with Shack and Kenny and they're gonna talk about it Because they got your sponsored by draft kings right under so it's it's um it's it's sad and it's sinister So but it's it's it's gonna happen regardless.
• 1:00:49
  [SPEAKER_01]: It's just a matter of deciding, you know Who's gonna who's gonna be saved and who's not?
• 1:00:53
  [SPEAKER_00]: It's gonna hit a lot of you and is it because I mean I know that like
• 1:00:57
  [SPEAKER_00]: you know, why people gambles, like, like, is it, is it newly being introduced to us?
• 1:01:04
  [SPEAKER_00]: And it's always been introduced to like white boys and like, like, like, you know, it's always been, it's like, like, uh,
• 1:01:13
  [SPEAKER_01]: Like, I call the gambling crisis financial fentanyl.
• 1:01:17
  [SPEAKER_01]: It's like the fentanyl crisis, right?
• 1:01:19
  [SPEAKER_01]: You always had drugs.
• 1:01:20
  [SPEAKER_01]: Right.
• 1:01:20
  [SPEAKER_01]: You always could go get high, but it was harder.
• 1:01:23
  [SPEAKER_01]: You had to, you know, if you really wanted to feel of heroin, you had to go to the shady point of town and by the journey, put a needle in your arm, all that.
• 1:01:30
  [SPEAKER_01]: But then when you get to the point where the doctors are given it to you and the doctors are supposed to take care of you, right?
• 1:01:36
  [SPEAKER_01]: That's supposed to keep you safe and then make it easy for you to obtain it.
• 1:01:41
  [SPEAKER_01]: That's a different reality.
• 1:01:42
  [SPEAKER_01]: So that's what's happened with gambling gambling.
• 1:01:44
  [SPEAKER_01]: Yeah, it's always been there.
• 1:01:46
  [SPEAKER_01]: Yeah, but you had to go to Vegas, so you had to, you know, no sports bookie.
• 1:01:49
  [SPEAKER_01]: You know, next type of thing.
• 1:01:51
  [SPEAKER_01]: But now it's like, no, it's on your phone.
• 1:01:53
  [SPEAKER_01]: It's right there in your pocket.
• 1:01:55
  [SPEAKER_01]: Yeah.
• 1:01:55
  [SPEAKER_01]: You go to a sporting event.
• 1:01:57
  [SPEAKER_01]: It's right there being advertised at the sporting event.
• 1:02:00
  [SPEAKER_01]: Your favorite celebrities are talking about it and your favorite shows are talking about it.
• 1:02:04
  [SPEAKER_01]: So it's really the promotion of it.
• 1:02:07
  [SPEAKER_01]: That is most sinister.
• 1:02:08
  [SPEAKER_01]: It's not the existence of it.
• 1:02:09
  [SPEAKER_01]: It's the promotion.
• 1:02:11
  [SPEAKER_00]: what's just dance on voting as it relates to economic freedom for black people.
• 1:02:18
  [SPEAKER_01]: I think people should vote for whoever they want to, just know it ain't gonna make a difference in your economic situation.
• 1:02:23
  [SPEAKER_01]: Yeah.
• 1:02:24
  [SPEAKER_01]: I've been a Democrat most in my life, and I think where I started to wake up was when years ago, Bill Clinton was actually running, that's how long it was, and I had to ride my
• 1:02:38
  [SPEAKER_01]: And I was late to work.
• 1:02:40
  [SPEAKER_01]: It took me 10 minutes to get there.
• 1:02:43
  [SPEAKER_01]: I was supposed to work it for.
• 1:02:45
  [SPEAKER_01]: It's like 352, right?
• 1:02:47
  [SPEAKER_01]: So I'm thinking about how I got a pedal faster to get to work.
• 1:02:50
  [SPEAKER_01]: And all my way to work was the voting station, right?
• 1:02:54
  [SPEAKER_01]: And I saw the line, and I was like, damn, I'm supposed to vote.
• 1:02:57
  [SPEAKER_01]: But then I remember thinking, but if I lose my job, Bill Clinton is not going to come and help me pay my rent.
• 1:03:03
  [SPEAKER_01]: So, so that was that simple calculation, but that was like that first awareness moment where I was like, man, fuck these politicians like, you don't think I got to go to, I got to handle my business.
• 1:03:13
  [SPEAKER_01]: Right, but then what happened over time was like a lot of people.
• 1:03:17
  [SPEAKER_01]: I got really excited when Barack Obama got elected You know, I was actually on seeing it and I I was one of the first people actually a blockhead 5% of the black Well just 5% Hillary had all the vote and I said this guy will bomb on I think Hillary might have to watch out for him He might actually be able to catch up because it read that time.
• 1:03:35
  [SPEAKER_01]: He got an endorsement from Oprah
• 1:03:36
  [SPEAKER_01]: And I said, if Oprah is endorsing him, that could, you know, that could really, he could be could propel from that.
• 1:03:42
  [SPEAKER_01]: And so he became president.
• 1:03:45
  [SPEAKER_01]: And I was excited like everybody else.
• 1:03:47
  [SPEAKER_01]: And it was beautiful to watch.
• 1:03:49
  [SPEAKER_01]: And I remember I got a call from the White House.
• 1:03:50
  [SPEAKER_01]: It was back in the AOL Bike Voices days back when you and I did the thing.
• 1:03:53
  [SPEAKER_01]: And and I was excited because I thought I thought okay, great like you got a black president now He's really he wants to talk to the community going to find out what the people need and and I got a PhD in finance I could tell you I got a long list right and and I love it I love it when people of that level of influence call and want support like you know and I and a few people did you know the Charlemagne call I'm like
• 1:04:14
  [SPEAKER_01]: Okay, we talked about an ass on this and this and this and this right, and you remember when he talked about it and Biden blew a gasket, that's what he said that stupid shit about you know, if you're both a million blade black right that's because I think he was mad because he's not used to getting intelligent questions from black people, but shout out to show her man, he's he's a thinker, right, he's he's into all this stuff.
• 1:04:31
  [SPEAKER_01]: I don't know no, no, no, no about that, but he's he's not a stupid man, right, so with this in this case, I'm thinking that's what the conversations about like, okay, we want to know how we can help the black community so he can fulfill his promises as a president.
• 1:04:44
  [SPEAKER_01]: Man, that was not what the conversation was about.
• 1:04:48
  [SPEAKER_01]: The literally the conversation was, well, this is what we want you to tell black people to support.
• 1:04:54
  [SPEAKER_01]: And I'm like, well, I don't know who you think you're talking to, but I'm not going to support bullshit.
• 1:04:58
  [SPEAKER_01]: Like, I need, this does not make sense.
• 1:05:01
  [SPEAKER_01]: And so what I learned after two or three conversations was,
• 1:05:06
  [SPEAKER_01]: that the reason for calling me was not to create a two-way conversation.
• 1:05:10
  [SPEAKER_01]: It was to create a one-way discussion where they're basically, it's like, okay, we got black people in our pocket.
• 1:05:15
  [SPEAKER_01]: We need you to do what we tell you to do, right?
• 1:05:18
  [SPEAKER_01]: Because you need girls don't really matter.
• 1:05:19
  [SPEAKER_01]: You don't ask us for nothing.
• 1:05:21
  [SPEAKER_01]: We tell you what we need from you.
• 1:05:23
  [SPEAKER_01]: And I said, I told the guy, I said, don't call me anymore.
• 1:05:26
  [SPEAKER_01]: It wasn't Obama, it was some subordinate.
• 1:05:28
  [SPEAKER_01]: Somebody that worked for the guy who worked for the guy, that type of thing.
• 1:05:30
  [SPEAKER_01]: And that was when I became very cynical about politics.
• 1:05:35
  [SPEAKER_01]: And then in 2013, I remember I got a call from Russell Simmons, and he wanted to do a campaign that I really just, I have so much respect for him for doing this.
• 1:05:45
  [SPEAKER_01]: Like you and I, he had a lot of people, a lot of friends.
• 1:05:48
  [SPEAKER_01]: It got sent away for too long, right?
• 1:05:50
  [SPEAKER_01]: You know, that, that was one of the goals to exterminate the black male was to incarcerate.
• 1:05:54
  [SPEAKER_01]: You know, they won't ask cash in prison, they won't voice while I can's dead.
• 1:05:57
  [SPEAKER_01]: They don't want people like us right around, right?
• 1:06:00
  [SPEAKER_01]: Because we're going to ask hard questions on that.
• 1:06:02
  [SPEAKER_01]: So what he did was, he wanted to get the Obama administration to simply do what they promised to do, just shift the incarceration, like get rid of things like the cracked-to-powder disparity, shift just how you even deal with this issue, right?
• 1:06:20
  [SPEAKER_01]: And so the plan was really good.
• 1:06:23
  [SPEAKER_01]: I can't take credit for it.
• 1:06:24
  [SPEAKER_01]: He asked me to write a letter to the president, which I did, and I wrote the letter.
• 1:06:28
  [SPEAKER_01]: The first version, I'm like, well, you need to do this and do this and do this and do this.
• 1:06:31
  [SPEAKER_01]: And then his people, Russell and his people, like, no, no, you gotta be nice.
• 1:06:34
  [SPEAKER_01]: I'm like, man, fuck that, I can't, I can't do this in bullshit, man, right?
• 1:06:37
  [SPEAKER_01]: But no, but I was like, okay, all right, for the sake of doing this for the brother's side, I will side my way through the letter, and drive, give him praises, kissing his ass and all that.
• 1:06:47
  [SPEAKER_01]: So we wrote this letter, very politely,
• 1:06:50
  [SPEAKER_01]: And what Russell did was, and I'm very skeptical of celebrities most of the time, because a lot of them were full of shit, he wasn't, he followed to one of his commitments.
• 1:07:00
  [SPEAKER_01]: So he said, he said, you get all the scholars and all the thinkers to sign the letter, I'll get the celebrities.
• 1:07:05
  [SPEAKER_01]: So we get the celebrity power combined with,
• 1:07:08
  [SPEAKER_01]: the legitimacy of people that you know so so he went and he got all he got a lot of his celebrity friends I'm here by from Will and Jada to I think even the Kardashians signed it Chris Rock in low-wain just a lot of people signed this letter right and then I went out and I got you know people like Michelle Lylex and who wrote the new Jim Crow university presidents scholars and you know Al Sharpton Jesse if people like that so we wrote this letter it when I tell you
• 1:07:35
  [SPEAKER_01]: they the White House puts so much pressure on him.
• 1:07:38
  [SPEAKER_01]: They stopped trying to pressure me.
• 1:07:39
  [SPEAKER_01]: They used to try to pressure me through Al Sharpton, but they learned pretty quickly that I was interested.
• 1:07:44
  [SPEAKER_01]: I'm not trying to, I don't even give a fuck about going to the White House.
• 1:07:47
  [SPEAKER_01]: I don't want to, you know, so they stopped talking to me, but they really tried to pressure him.
• 1:07:52
  [SPEAKER_01]: Because what they would do is they were controlled black celebrities by letting them kind of come to the White House be at the Christmas party, take pictures with Obama, fist bump.
• 1:07:59
  [SPEAKER_01]: You know, sit like that, right?
• 1:08:01
  [SPEAKER_01]: And Russell to his credit, he wasn't impressed with that.
• 1:08:03
  [SPEAKER_01]: He said, I'll do all that with you, but we got a handle business first.
• 1:08:07
  [SPEAKER_01]: And when I tell you, they put so much pressure on him, it was ridiculous to the point where they were really angry.
• 1:08:13
  [SPEAKER_01]: And I remember thinking, well, what are they mad about?
• 1:08:15
  [SPEAKER_01]: Like, it's not like we're asking them to do something dramatic or extreme.
• 1:08:18
  [SPEAKER_01]: We're just asking them to keep the promise that they made.
• 1:08:21
  [SPEAKER_01]: And, but he stuck to his guns, I gave him credit for that, and you know what actually set it off with that letter, Justin Bieber.
• 1:08:29
  [SPEAKER_01]: Mm.
• 1:08:29
  [SPEAKER_01]: Just believe it or not, out of all people, Justin Bieber tweeted the hashtag.
• 1:08:33
  [SPEAKER_01]: It was in the war on drugs.
• 1:08:35
  [SPEAKER_01]: He tweeted it, it became the number three highest trending hashtag on Earth.
• 1:08:39
  [SPEAKER_01]: And at that point, it exploded, and that led to Attorney General Eric Holden, making one of the most significant announcements on incarceration that had
• 1:08:47
  [SPEAKER_01]: ever come out of the White House, and what I learned from that experience is number one, politicians just don't give a shit.
• 1:08:53
  [SPEAKER_01]: They don't, and I hate it when people try to feed me a fairytale about it.
• 1:08:57
  [SPEAKER_01]: I'm like, I think that your life is determined by what you do, not by what these people in Capitol Hill do.
• 1:09:02
  [SPEAKER_01]: The incentives are wrong.
• 1:09:03
  [SPEAKER_01]: They're being funded by a similar billionaires, and they're just playing with you.
• 1:09:08
  [SPEAKER_01]: But then number two, it showed me that even when you're dealing with an ally in politics, you have to be able to really fight
• 1:09:16
  [SPEAKER_01]: we don't we've never learned that as black people we think that if we're nice to you and we give you everything in advance and we pre-commit our loyalty to you that you're going to you're going to reciprocate and that's just not it you're making yourself into a political slut
• 1:09:31
  [SPEAKER_01]: Like you're the girl who thinks okay if I if I just go fuck every man I see then he's gonna be nice to me And that is how it works When it was standards are the ones who get the rings not the women who just give it up to everybody So in order for us to really play the political game we have to understand the the out-art of negotiation and just no one like hey Look, it's all fun and game sure, but I need you to do I need reciprocity here and that's where masculine leadership
• 1:09:56
  [SPEAKER_01]: kicks in.
• 1:09:56
  [SPEAKER_01]: That's where Dr. Claude Anderson and his conversations in Poweronomics matter.
• 1:10:00
  [SPEAKER_01]: That's where the black man needs to be part of the conversation because I believe that unfortunately they've identified the black community as a matriarchal community.
• 1:10:09
  [SPEAKER_01]: Well, if we just sweet talk the women and just say, hey, shout out to black women, y'all, black women, did it again, y'all?
• 1:10:16
  [SPEAKER_01]: that they're going to just force the men to come along.
• 1:10:18
  [SPEAKER_01]: And they might be able to do that with their son, but then when daddy's home, when the black man steps in, this is, okay, I don't mind voting for a Democrat, but I need to know why.
• 1:10:26
  [SPEAKER_01]: You know, yeah, you're going to have people get mad, call you a hater, and hold you this ever.
• 1:10:31
  [SPEAKER_01]: Man, I've had people call me everything, right?
• 1:10:33
  [SPEAKER_01]: Even when I was talking about his political stuff, I said, man, they had you on his ass and now what a mega hat on, I think I got you.
• 1:10:40
  [SPEAKER_01]: And I said, you never want a mega hat, he said, no, I've never done that, right?
• 1:10:43
  [SPEAKER_01]: But that's what they do, right?
• 1:10:44
  [SPEAKER_01]: But to me, that's what it means to fight for something.
• 1:10:47
  [SPEAKER_01]: That's what makes you alive, right?
• 1:10:49
  [SPEAKER_01]: So if you can go in and fight and just know that yeah, I know I'm a behavior, I know I'll be attacked.
• 1:10:53
  [SPEAKER_01]: I know I'll be talked about, but I'm gonna stay focused on mission and purpose.
• 1:10:57
  [SPEAKER_01]: To me, that is when you as a black man have really fulfilled your greatest purpose under God, right?
• 1:11:03
  [SPEAKER_01]: You are so focused on the goal and the mission and the bigger picture that you're not letting the petty little bitchy nonsense affect you.
• 1:11:11
  [SPEAKER_01]: So we can play the political game, but we have to play it right?
• 1:11:15
  [SPEAKER_01]: We also have to play the economic game to even be invited into the political game.
• 1:11:19
  [SPEAKER_01]: So black economics must be our top priority period.
• 1:11:23
  [SPEAKER_01]: Love that love.
• 1:11:24
  [SPEAKER_00]: I can keep going, like I was like, man, I got another, I got another, I don't know, questions.
• 1:11:29
  [SPEAKER_00]: Um, my, I guess we, we have to do a part to a subject, but my, um, I was like, one of my last questions is, what should you take on integration?
• 1:11:40
  [SPEAKER_00]: Did it help more hurt?
• 1:11:42
  [SPEAKER_00]: the economic plight of black people.
• 1:11:44
  [SPEAKER_01]: Oh, it hurt us 100%.
• 1:11:45
  [SPEAKER_01]: I mean, the fact that we owned, I think 15 times more land a hundred years ago than we owned now.
• 1:11:52
  [SPEAKER_01]: It, I mean, speaks to the fact that what integration did was integration was a way we were basically manipulated because our self-esteem was so low, right?
• 1:12:04
  [SPEAKER_01]: So to that extent, we ended up,
• 1:12:07
  [SPEAKER_01]: given away a lot of things that we should have held onto and we let go of the idea of ownership and we traded land and businesses for student loans and corporate jobs.
• 1:12:17
  [SPEAKER_01]: And so as a result, if you look at any measure of black quality of life since, say, 1968, we've gone down, family structure, we've gotten worse, wealth has gone down, education level, the majority of Chicago public schools most of the black kids can't even read at great level.
• 1:12:37
  [SPEAKER_01]: So integration, I can't think of anything the integration did other than integrate the Blacks as consumers to strengthen the overall economy.
• 1:12:49
  [SPEAKER_01]: So of course they wouldn't want integration because they need more customers, they need more renters, they need more employees.
• 1:12:55
  [SPEAKER_01]: So we were integrated the same way they want to integrate illegal immigrants and everything goes because corporate America wants that they want more that cheap labor, they want more people buying their products, all these other things.
• 1:13:05
  [SPEAKER_01]: And so to some extent integration itself was not the crime, it was the way it was done.
• 1:13:11
  [SPEAKER_01]: So integration is like a partnership, like you think about like a marriage, right?
• 1:13:15
  [SPEAKER_01]: And somebody says, is marriage good or bad?
• 1:13:17
  [SPEAKER_01]: Well, depends on who you marry to.
• 1:13:20
  [SPEAKER_01]: If you, if you do it the wrong way and it's an imbalance partnership, it can be a nightmare.
• 1:13:25
  [SPEAKER_01]: But if you do it the right way, it can be a wonderful thing.
• 1:13:27
  [SPEAKER_01]: So our partnership with white folks is not the issue.
• 1:13:30
  [SPEAKER_01]: I think that we should, I think that we should be part of the global economy, the diaspora, everything else.
• 1:13:35
  [SPEAKER_01]: But if you integrate yourself as a subordinate in a capitalist system, then you are signing up to be pimped.
• 1:13:40
  [SPEAKER_01]: The capitalist system seats, but people are standing by capitalism, my opinion, and is they don't understand.
• 1:13:46
  [SPEAKER_01]: The capitalism will fuck you whether you are black white green or anything else fat.
• 1:13:50
  [SPEAKER_01]: It's not about like, oh, we're only going to get the black people.
• 1:13:53
  [SPEAKER_01]: No, it's like, no, we're going to get the people that are financially desperate.
• 1:13:56
  [SPEAKER_01]: the people that are unprepared, the people that don't have resources, the people that don't have community that don't have family, all right, like so, so they like just think about thinking with the way of Pimp Operate.
• 1:14:06
  [SPEAKER_01]: So Pimp does not want to go after the woman that's got high self-esteem and financial security, right?
• 1:14:11
  [SPEAKER_01]: The purpose driven life he wants to go out to the poor girl that doesn't know who she is she ain't got no protection from my daddy She ain't got no money in a pocket and then he presents himself as her friend like come here Girl I'm gonna keep you warm.
• 1:14:23
  [SPEAKER_01]: I'm gonna take it right well really the goal is exploitation All right, so ultimately the best way we can protect our kids from the capitalist system because it's not gonna go away
• 1:14:30
  [SPEAKER_01]: is to make sure a couple of things, number one, every black child you'd have somebody buying shares and stock for them from the time they're born, even before they're born.
• 1:14:38
  [SPEAKER_01]: If you literally take the amount of money, the average use car note in America is $500 a month.
• 1:14:44
  [SPEAKER_01]: If you would have also, in addition to that, put $500 into an S&P 500 index fund for your child, then by the time they are five, they would have about $38,000 by the time, they're 10, they have over 100,000 by time, they're 20, they have over $330,000 by time, they're 30, they have a million.
• 1:14:58
  [SPEAKER_01]: Right, so that right there allows them to disconnect from that system and not become somebody slave, they can actually be free to pursue their purpose.
• 1:15:07
  [SPEAKER_01]: And so really, if you think about this though, and here's the thing, right, people think that when I talk about black people investing, that I'm asking them to do something different from what we're already doing.
• 1:15:16
  [SPEAKER_01]: And I say, well, no, it's not, I'm not asking the change who you are.
• 1:15:19
  [SPEAKER_01]: Because you've been paying the car dealer every month.
• 1:15:22
  [SPEAKER_01]: You've been paying the landlord every month.
• 1:15:23
  [SPEAKER_01]: You've been paying the cell phone bill every month.
• 1:15:25
  [SPEAKER_01]: I'm just asking you to love your children as much as you love your car.
• 1:15:29
  [SPEAKER_01]: That's it.
• 1:15:30
  [SPEAKER_01]: Just add another line out of to the budget, right?
• 1:15:33
  [SPEAKER_01]: This is for family, right?
• 1:15:35
  [SPEAKER_01]: And that should come first.
• 1:15:36
  [SPEAKER_01]: It shouldn't be the last item.
• 1:15:37
  [SPEAKER_01]: It should be the first item.
• 1:15:38
  [SPEAKER_01]: Nothing's more important than your financial security, because it's linked to so many other things.
• 1:15:41
  [SPEAKER_01]: is linked to your mental health, your physical health, your safety, or all these things, right?
• 1:15:45
  [SPEAKER_01]: So you do that.
• 1:15:46
  [SPEAKER_01]: That basic shift would literally allow us to produce the kinds of kids who aren't just trained and prepared to compete, but they've got the resources to compete, right?
• 1:15:56
  [SPEAKER_01]: Like, for example, people get mad.
• 1:15:57
  [SPEAKER_01]: They don't like Donald Trump.
• 1:15:59
  [SPEAKER_01]: A lot of people don't like Trump.
• 1:16:00
  [SPEAKER_01]: Some people love him.
• 1:16:01
  [SPEAKER_01]: I don't really care.
• 1:16:01
  [SPEAKER_01]: I don't like him.
• 1:16:02
  [SPEAKER_01]: I love him.
• 1:16:02
  [SPEAKER_01]: I just observe him.
• 1:16:04
  [SPEAKER_01]: And one thing that Trump's father did for him, if you go back and you study the history of that family, his father, when he was 13, his father's father died, his grandfather died, and he used to go fix cars for, sorry, houses for people in New York City.
• 1:16:18
  [SPEAKER_01]: He was like a carpenter.
• 1:16:19
  [SPEAKER_01]: And his father realized how much money people were making by owning the property instead of just fixing it or renting it.
• 1:16:26
  [SPEAKER_01]: So he said, well, I want to get in on this game.
• 1:16:28
  [SPEAKER_01]: I want to buy some property.
• 1:16:29
  [SPEAKER_01]: So he bought his first property than another one or another another one.
• 1:16:31
  [SPEAKER_01]: And by the time his son was born, he had resources.
• 1:16:34
  [SPEAKER_01]: And so when Donald was 25, his father was able to say, here's son, here's your nesting, go conquer the world.
• 1:16:40
  [SPEAKER_01]: So by the time Trump was 28 years old, he was buying like a $400 million building, right?
• 1:16:44
  [SPEAKER_01]: It was a lot of us, well, we're 28.
• 1:16:47
  [SPEAKER_01]: We were struggling paycheck to paycheck, trying to get a better job.
• 1:16:49
  [SPEAKER_01]: Right, because nobody laid a foundation for us, right?
• 1:16:53
  [SPEAKER_01]: So as mad as people might get it, at Trump, the reality is that you have to realize you're gonna have to compete with a Trump.
• 1:17:00
  [SPEAKER_01]: And to compete with the Trump's of the world, you've gotta be prepared for that.
• 1:17:03
  [SPEAKER_01]: So are you investing in protecting that child by laying a foundation for them?
• 1:17:09
  [SPEAKER_01]: Or are you just throwing them out there and expecting to win get Dr. Claude Anderson said,
• 1:17:13
  [SPEAKER_01]: that it is child abuse to send your child out across town to beg their oppressors for a job.
• 1:17:20
  [SPEAKER_01]: They that that is child abuse.
• 1:17:22
  [SPEAKER_01]: So let's stop abusing our kids and that's how we succeed.
• 1:17:24
  [SPEAKER_00]: Oh, oh, oh, oh, oh, powerful powerful Dr. Boyz Watkins.
• 1:17:28
  [SPEAKER_00]: What is our call to action?
• 1:17:31
  [SPEAKER_00]: So if you right now you're talking to black people, you're talking to our community.
• 1:17:38
  [SPEAKER_01]: What is your call to action to us?
• 1:17:41
  [SPEAKER_01]: everybody should be an investor.
• 1:17:43
  [SPEAKER_01]: Everybody should listen to you.
• 1:17:45
  [SPEAKER_01]: Everybody every family should understand that the black family is an asset.
• 1:17:51
  [SPEAKER_01]: and it should be managed every asset must be managed the same way you if somebody gave you a factory or Burger King you would manage it you would learn how to manage it and your family is the same way there are opportunities out here for us we are moving forward the black rep economic revolution started long before you and I were born it goes back to the Garby and everybody's even before that
• 1:18:14
  [SPEAKER_01]: And we're just the next stage in that, and one of the things that I did in 2013 was I created something called Project 2070.
• 1:18:21
  [SPEAKER_01]: And I wrote about it in a book, a short book I wrote called, it takes a village to raise the bar, a new paradigm from Black America.
• 1:18:28
  [SPEAKER_01]: And in that book, I basically talked about the fact that I believe that on the path that we are on right now, that we've been doing this for 13 years now, by the year about 2070, I believe that black people will be known throughout the world for how great we are at building wealth.
• 1:18:42
  [SPEAKER_01]: investing entrepreneurship.
• 1:18:43
  [SPEAKER_01]: We will do what the Jewish community gets credit for doing in the sense that they took on ownership because they went through hardship, right?
• 1:18:52
  [SPEAKER_01]: So because of our hardship, because we know the pain and we've identified it and we understand how it works and we have experts like yourself that are helping to lead the way.
• 1:18:59
  [SPEAKER_01]: Our children and grandchildren are going to have the capital base and the know-how to literally own an acquired assets all throughout the world and will be recognized for how great they are at that.
• 1:19:10
  [SPEAKER_01]: It just takes time, just like, for example, with the NFL, the NFL is known for being this powerful $100 billion league.
• 1:19:16
  [SPEAKER_01]: Well, remember, a hundred years ago, you could have bought the New York Giants for like $200 bucks.
• 1:19:20
  [SPEAKER_01]: Right.
• 1:19:21
  [SPEAKER_01]: So it's only takes time, but we're in the infancy just like they work, so we're further along than say the NFL was at this stage.
• 1:19:28
  [SPEAKER_01]: I believe that we will be
• 1:19:30
  [SPEAKER_01]: extraordinary.
• 1:19:31
  [SPEAKER_01]: So anybody who's worried don't get don't spend all your time being sad be optimistic about what's coming down the pike, right?
• 1:19:39
  [SPEAKER_01]: And I think what's coming down the pike is going to be amazing, man.
• 1:19:41
  [SPEAKER_01]: And so as far as like a specific call to action, I teach every morning for free.
• 1:19:46
  [SPEAKER_01]: If people text the word money to the number eight seven nine for eight,
• 1:19:49
  [SPEAKER_01]: or they can go to DrBoysLovate.com, then they can join the class for free.
• 1:19:54
  [SPEAKER_01]: And we talk about finances every morning to 10am for about an hour.
• 1:19:57
  [SPEAKER_01]: And we've been doing this for several years.
• 1:19:58
  [SPEAKER_01]: And we do this seven days a week because you know, white supremacy doesn't sleep.
• 1:20:03
  [SPEAKER_01]: It doesn't take days off and need to do it.
• 1:20:06
  [SPEAKER_00]: There you have it, the financial education, OG, Dr. Boyce Watkins.
• 1:20:12
  [SPEAKER_00]: Make sure you go to Dr. BoyceElevay.com every morning free, free education from one of the brightest in our space, like period, estimation point, if people want to connect with you, we can find you.
• 1:20:28
  [SPEAKER_01]: Well, Dr.
• 1:20:30
  [SPEAKER_01]: Boys Elevate, or also the Black Business School, the email, the support number of support at theBlackBusiness School.com.
• 1:20:36
  [SPEAKER_01]: Don't forget the THEs, support at theBlackBusiness School.com.
• 1:20:39
  [SPEAKER_01]: And I'm proud of what we built with the Black Business School.
• 1:20:41
  [SPEAKER_01]: We have about 300,000 students around the world.
• 1:20:44
  [SPEAKER_01]: And, but you can join for free.
• 1:20:45
  [SPEAKER_01]: Like there's a lot of stuff.
• 1:20:46
  [SPEAKER_01]: We, our goal was, we wanted, I wanted to do more for free.
• 1:20:50
  [SPEAKER_01]: Then people got by spending $100,000 on the college degree.
• 1:20:53
  [SPEAKER_01]: And that was a vision I had back when I was a Syracuse.
• 1:20:56
  [SPEAKER_01]: So we raise money in different ways.
• 1:20:58
  [SPEAKER_01]: We don't take government money or corporate money, but the students believe in it because I believe that we have to have substance.
• 1:21:06
  [SPEAKER_01]: I think that the flashy stuff, unfortunately, sometimes that's misleading.
• 1:21:10
  [SPEAKER_01]: My goal is not to be flashy, but I think it's okay to be flashy, as long as you have substance underneath that.
• 1:21:15
  [SPEAKER_01]: And we've got the substance.
• 1:21:17
  [SPEAKER_01]: So anybody's welcome to join.
• 1:21:18
  [SPEAKER_00]: Yeah.
• 1:21:19
  [SPEAKER_00]: Love it, y'all.
• 1:21:20
  [SPEAKER_00]: All right, y'all.
• 1:21:20
  [SPEAKER_00]: Make sure you got sat there with Dr. Boyz, Rockins.
• 1:21:23
  [SPEAKER_00]: We are closing out the vault.
• 1:21:25
  [SPEAKER_00]: Another awesome episode of Inside the Vault with Ask Cash.
• 1:21:28
  [SPEAKER_00]: The greatest money might set show on the planet.
• 1:21:30
  [SPEAKER_00]: Make sure you visit us inside the vault show dot com.
• 1:21:35
  [SPEAKER_00]: Follow us on all social media platforms at Inside the Vault.
• 1:21:38
  [SPEAKER_00]: Me, I am Ash Cash.
• 1:21:39
  [SPEAKER_00]: Make sure you visit me.
• 1:21:40
  [SPEAKER_00]: I am Ash Cash dot com.
• 1:21:41
  [SPEAKER_00]: Follow me on all social media platforms at IMHCash, join us in the abundance community, where we teach you abundance is your birthright at theabundancecommunity.com.
• 1:21:52
  [SPEAKER_00]: We'll see you next time, same time, same place in God's will.
• 1:21:58
  [SPEAKER_00]: Peace!