Latest / Eating While Broke / MALIK MUHAMMAD - Celery Seed to Seed Money
Transcript
- 0:00Speaker 1: Hey guys, welcome to another episode of Eating While Broke.
- 0:03Speaker 1: I'm your host, Colleen Witt, and today we have very
- 0:05Speaker 1: special guest entrepreneur, Malik Muhammad, owner of Malik Books is
- 0:10Speaker 1: in the building.
- 0:11Speaker 2: Absolutely, thanks for having me.
- 0:13Speaker 1: It's an honor to have you. I've been to your
- 0:16Speaker 1: store and I wanna say, I've been to your store
- 0:19Speaker 1: obviously before Eating While Broke, but I wanna say I've
- 0:22Speaker 1: been in it after Eating While Broke and thought, oh,
- 0:25Speaker 1: we should totally have you on. And I'm pretty sure
- 0:27Speaker 1: I went in and asked people for your contact. That
- 0:30Speaker 1: worked for you. Not sure if I got very far
- 0:32Speaker 1: doing that. They do be screaming. Yeah, they scream pretty hard.
- 0:36Speaker 1: But this, yeah, I was lucky. And it took a
- 0:38Speaker 1: couple of days to get a response. And I was like,
- 0:39Speaker 1: he's probably not going to do it. And he did it. See,
- 0:42Speaker 1: you ask and you shall receive.
- 0:44Speaker 2: Absolutely.
- 0:45Speaker 1: Very thankful for that. But before we get into your story,
- 0:49Speaker 1: we have to get into what you're going to have
- 0:51Speaker 1: us eating. A dish that you ate beforehand. The success.
- 0:56Speaker 2: Eating while broke.
- 0:57Speaker 1: Eating while broke.
- 0:58Speaker 2: Today, I didn't grow up with a lot of money
- 1:01Speaker 2: like most of us, but I'm here. I'm 62. I'm alive.
- 1:05Speaker 2: I'm thriving. I'm grateful. And today, this dish is about
- 1:10Speaker 2: poor man's potato salad.
- 1:12Speaker 1: Poor man's potato salad.
- 1:13Speaker 2: They put three ingredients, potatoes, mayonnaise, and celery seeds. Of course,
- 1:18Speaker 2: you can put some seasoning in it. But while I
- 1:21Speaker 2: was broke, poor... These are the things that I learned
- 1:26Speaker 2: from my grandmother. My grandmother always told me, man, if
- 1:29Speaker 2: you have a dollar, you know you can go buy
- 1:31Speaker 2: a pack of hot dogs for a dollar and have
- 1:34Speaker 2: 10 hot dogs. She said that was always economical. So
- 1:39Speaker 2: I've always remembered that. So while struggling as an entrepreneur,
- 1:42Speaker 2: trying to elevate, hey, if I had a dollar, rather
- 1:46Speaker 2: than using that to go to McDonald's and get one
- 1:49Speaker 2: burger for a dollar, I'd get 10 hot dogs and
- 1:51Speaker 2: have 10 hot dogs for one dollar. Yeah. So, hey, so.
- 1:56Speaker 1: And that was when fast food was cheap.
- 1:58Speaker 2: It was cheap. It was very cheap.
- 2:01Speaker 1: I wish I would have thought like that when I
- 2:02Speaker 1: was like in college and first moved to L.A. Because
- 2:05Speaker 1: I used to spend all my money on fast food.
- 2:07Speaker 1: But you're right. I could have got a pack of
- 2:09Speaker 1: hot dogs.
- 2:10Speaker 2: It's still economical still to this day. Yeah.
- 2:12Speaker 1: I think that whole pack was like $ 5.
- 2:14Speaker 2: Okay. See, inflation.
- 2:16Speaker 1: Inflation hits you like a bug.
- 2:18Speaker 2: Capitalism. You know how it is. Things are not the same,
- 2:20Speaker 2: but hey. Yes. Got eight hot dogs for, hey.
- 2:38Speaker 1: And I'm pretty sure.
- 2:38Speaker 2: It's protein.
- 2:39Speaker 1: I was going to say, I'm pretty sure, because these
- 2:41Speaker 1: are turkey hot dogs, guys. I'm pretty sure the beef
- 2:43Speaker 1: and other ones are like way cheaper.
- 2:44Speaker 2: Probably cheaper.
- 2:45Speaker 1: Yeah, because the healthier you are, the more expensive it is.
- 2:48Speaker 2: More expensive. Yeah, I stopped eating pork. I stopped eating beef.
- 2:51Speaker 2: But I still eat turkey. I still eat chicken. You
- 2:54Speaker 2: like meat, yeah. But when I'm struggling, you know.
- 2:56Speaker 1: Do you eat fish too?
- 2:57Speaker 2: I eat fish too.
- 2:58Speaker 1: Okay.
- 2:58Speaker 2: I love fish. And I like home cooked meals.
- 3:02Speaker 1: Yeah, no, okay.
- 3:03Speaker 2: And we here to cook today.
- 3:05Speaker 1: Okay, so to get us started, so this dish is
- 3:08Speaker 1: really simple. Just to recap, it's potato, mayo, and celery seeds.
- 3:12Speaker 2: Yes.
- 3:13Speaker 1: And that's for the potato salad. And for the turkey dogs,
- 3:16Speaker 1: it's turkey dogs.
- 3:19Speaker 2: Bread, ketchup.
- 3:21Speaker 1: Just so you guys know, we have a saying on
- 3:23Speaker 1: the show, just so you know. It's called the cheaper
- 3:26Speaker 1: the dish, the better the story. So this is definitely qualified, so...
- 3:31Speaker 1: You got to tell us what was going on during
- 3:34Speaker 1: the time when you were relying on this type of
- 3:36Speaker 1: dish heavily to survive.
- 3:38Speaker 2: I came from Washington, D.C. to California. I had a
- 3:41Speaker 2: degree from USC, but while I had my scholarship, I
- 3:44Speaker 2: was a track star running the 1984 Olympic Games in
- 3:47Speaker 2: 100 meters, 200. But after graduating, I had no income
- 3:51Speaker 2: coming in, but I had an idea of what I
- 3:53Speaker 2: wanted to do, and that was to create a bookstore.
- 3:56Speaker 1: Oh, you always wanted to?
- 3:58Speaker 2: Yet I didn't always want it to. What I always
- 4:00Speaker 2: wanted to be was a cook and some type of
- 4:03Speaker 2: arch manure. That's what I wanted to be. I didn't
- 4:06Speaker 2: know exactly where I would end up. But the heavens
- 4:09Speaker 2: opened up and I realized that representation in our culture
- 4:12Speaker 2: matters because I believe there's a lot of trauma in
- 4:15Speaker 2: our hood because of a lack of knowledge. And so
- 4:17Speaker 2: I thought books could make a difference in order to
- 4:20Speaker 2: elevate the conversations and to increase love of self. because
- 4:25Speaker 2: you got to love yourself to be yourself. So I
- 4:28Speaker 2: wanted to jump into the book business because it sparked
- 4:33Speaker 2: my life in change. I had a degree from USC,
- 4:34Speaker 2: but I didn't have knowledge itself. I didn't know who
- 4:37Speaker 2: I was.
- 4:37Speaker 1: Did you get a full scholarship to USC?
- 4:39Speaker 2: I had a full track and field scholarship while I
- 4:42Speaker 2: was there. And while I was there, I ran in
- 4:43Speaker 2: the 84 Olympic games. I went there between 82 and 87. Okay.
- 4:47Speaker 1: And what was your home life growing up in DC like?
- 4:50Speaker 2: I was a track star in high school. We didn't
- 4:52Speaker 2: have a whole lot of money. And we had my mom.
- 4:55Speaker 2: During the summer, family got together, had cookouts. Yeah. And
- 5:00Speaker 2: the poor man's potato salad was always there.
- 5:02Speaker 1: It must be really good. This potato salad must be
- 5:05Speaker 1: really good. Guys, when I was talking over earlier, he
- 5:07Speaker 1: sounded excited about this potato salad. When was the last
- 5:09Speaker 1: time you had this?
- 5:11Speaker 2: Years. I'm going to be honest. Years. I haven't had
- 5:12Speaker 2: this in a long time. And you know at the cookout,
- 5:15Speaker 2: we'll make or break a cookout. is the potato salad. Yeah.
- 5:19Speaker 1: But obviously at the cookouts, they would add a lot more, right?
- 5:22Speaker 2: You got to show off. You got steak, you got ribs,
- 5:24Speaker 2: you got all kinds of... That dish that makes that
- 5:27Speaker 2: plate pop was always a potato salad.
- 5:30Speaker 1: Okay, I'm going to be judging your potato salad. It's
- 5:32Speaker 1: the first time we've also ever had potato salad on
- 5:34Speaker 1: the show.
- 5:35Speaker 2: Really? Okay, okay. So out of almost 200 episodes....
- 5:39Speaker 1: That's an accomplishment. Right now, you're hitting hard. Okay, so
- 5:43Speaker 1: you go to school. At what point do you realize
- 5:46Speaker 1: you want to be an entrepreneur?
- 5:48Speaker 2: At what point? After I graduated. After I graduated in 87,
- 5:52Speaker 2: between 87 and 1990, that was my awakening. And that's
- 5:57Speaker 2: when I wanted to jump into the black bookstore business.
- 6:01Speaker 2: There's not a lot of us in the country, but
- 6:05Speaker 2: I'm very grateful and thankful that That when I started
- 6:08Speaker 2: in 1990, that I was part of a black, what
- 6:10Speaker 2: I call the black book revolution.
- 6:13Speaker 1: What was going on at that time, 1990? In LA,
- 6:17Speaker 1: we had the Rodney King riots. Yeah, okay.
- 6:19Speaker 2: We had oppression still, police brutality, social injustice. We had
- 6:24Speaker 2: a lack of knowledge of self. We got a lot
- 6:26Speaker 2: of trauma in our neighborhood.
- 6:28Speaker 1: And you knew that at that age?
- 6:30Speaker 2: At that age.
- 6:30Speaker 1: Because you were very young then.
- 6:31Speaker 2: Yeah, I was very young. The books.
- 6:33Speaker 1: What were your friends saying when you were like, okay,
- 6:35Speaker 1: I want to do a bookstore?
- 6:36Speaker 2: Man, nobody believed it when I was about to get
- 6:39Speaker 2: into whatever amount to anything. The level of respect I
- 6:42Speaker 2: get now at being a book, I call myself a
- 6:44Speaker 2: book activist. Why? Because I sell books, not dope. I
- 6:49Speaker 2: sling books to elevate my community. Books, not bullets.
- 6:53Speaker 1: You talk like you listen to rap all the time.
- 6:57Speaker 1: I feel like if we play a little bit of
- 6:58Speaker 1: a beat under this, if we play a little bit
- 7:01Speaker 1: of a beat, he's rapping on a beat.
- 7:03Speaker 2: Never thought of myself as a rapper, but what I
- 7:06Speaker 2: have discovered is that in any conversation, you have to
- 7:12Speaker 2: find hooks in order to drive people. One of the
- 7:15Speaker 2: things that was the hardest, I think, going into the
- 7:17Speaker 2: book business was how to get people to come into
- 7:21Speaker 2: the book store. Because we as a community have been
- 7:24Speaker 2: conditioned not to support black businesses. And so I would
- 7:28Speaker 2: see them walk by all the time, walk by, don't
- 7:30Speaker 2: even come in. But I'm there for you. I'm there
- 7:33Speaker 2: for the community. I'm there because representation matters. But how
- 7:37Speaker 2: do I get them in there?
- 7:38Speaker 1: But in the 90s, okay, so I have a whole
- 7:40Speaker 1: lot of questions here. So when you, oh, drop those
- 7:43Speaker 1: hot dogs, by the way. You got to feed us
- 7:45Speaker 1: halfway through this.
- 7:46Speaker 2: Yeah, let's get these hot dogs popping.
- 7:47Speaker 1: If there's any water left. We've been boiling water this
- 7:49Speaker 1: whole time, guys. So when you first got into the
- 7:53Speaker 1: book business, was there a lot of people like you?
- 7:57Speaker 2: No, it was only a couple of people in the
- 8:00Speaker 2: whole LA County. There are bookstores independent, but there wasn't
- 8:06Speaker 2: a lot of black bookstores. And it's a difference. You
- 8:10Speaker 2: can be black owned and have a business, or you
- 8:12Speaker 2: can be black curated bookstores. She said, I'm a black
- 8:16Speaker 2: curator and a black owner. So no, it wasn't a lot.
- 8:20Speaker 2: And it wasn't, it's not a lot in the United States.
- 8:22Speaker 1: Can you explain what a curator is?
- 8:24Speaker 2: You select the type of inventory you want in your store.
- 8:28Speaker 2: So in our store, we give voice to the voiceless.
- 8:31Speaker 2: Most of the books are the majority are stories written
- 8:34Speaker 2: by blacks for blacks and about blacks.
- 8:37Speaker 1: Wow.
- 8:37Speaker 2: So that's what that means.
- 8:40Speaker 1: You don't ever cross over?
- 8:42Speaker 2: Yeah, occasionally, not occasionally. I would say maybe 10% of
- 8:46Speaker 2: my inventory are crossover books. A good book is a
- 8:49Speaker 2: good book.
- 8:50Speaker 1: Robert Greene and Malcolm Gladwell and those guys.
- 8:52Speaker 2: For sure. Yes, I have those in the store and
- 8:54Speaker 2: a few others. A good book is a good book.
- 8:58Speaker 2: We want to wake up today. We want books that
- 9:00Speaker 2: can revolutionize and enlighten. So having any book that's crossover
- 9:06Speaker 2: is a good thing because I like inspiration. I like
- 9:08Speaker 2: nonfiction books, so. Any book that I read that I
- 9:10Speaker 2: feel is really powerful and important, I carry in the store.
- 9:17Speaker 1: At what point, okay, you're in college, you're graduating college.
- 9:20Speaker 2: Yes.
- 9:21Speaker 1: There had to have been something that triggered this idea
- 9:24Speaker 1: that it has to be a bookstore. Do you know
- 9:27Speaker 1: what it was?
- 9:28Speaker 2: Here's the thing is that wise man said the black
- 9:33Speaker 2: man and woman was mother of civilization. And he said
- 9:37Speaker 2: to me, don't Just believe me. Go out and do
- 9:41Speaker 2: your own research and that's what you have to do today.
- 9:44Speaker 2: You can be very successful because everything you want you
- 9:48Speaker 2: can find in the book. So you can be very
- 9:50Speaker 2: successful today by going out and doing your own research.
- 9:53Speaker 2: So he said, don't believe me. Go out and do
- 9:56Speaker 2: your own research. I grew up in the church. I
- 9:59Speaker 2: went to college. I had never heard that before. Black
- 10:02Speaker 2: people are the mother of the father of civilization. What
- 10:04Speaker 2: are you talking about? So I was told Greek, Greek, everything, nothing, Africa,
- 10:10Speaker 2: nothing pyramids, nothing about ancient Egypt, nothing. They'd rather say
- 10:13Speaker 2: aliens built the ancient Egyptian pyramids than Black people. I
- 10:19Speaker 2: went there last summer and you ain't going to never
- 10:21Speaker 2: convince me some aliens built them. I've seen the four, five.
- 10:25Speaker 2: I've seen them look like me. I've seen them look
- 10:27Speaker 2: like you. These were our ancestors and they built those
- 10:32Speaker 2: and they are a reminder of how great we was.
- 10:34Speaker 2: But I never knew that graduating from college. So I
- 10:37Speaker 2: thought that for a lack of knowledge, my people was destroyed.
- 10:40Speaker 2: I thought If I had a bookstore, the books that
- 10:43Speaker 2: I went out and read that proved what he said
- 10:46Speaker 2: was true, it blew me away. I said, man, I
- 10:48Speaker 2: got a degree from USC. I don't even know this.
- 10:50Speaker 2: This don't make no sense.
- 10:51Speaker 1: And how was USC at the time? Was it diverse?
- 10:53Speaker 2: No, right?
- 10:54Speaker 1: I'd imagine.
- 10:54Speaker 2: It was a small percentage of us. Most of the
- 10:56Speaker 2: students at the time of USC were black. They were athletes.
- 11:00Speaker 2: They were black. So it wasn't a whole lot there.
- 11:02Speaker 2: It was an opportunity for me. It was a great opportunity.
- 11:05Speaker 2: I took advantage and got my paper and graduated in 87.
- 11:08Speaker 2: But while there... I took anthropology. I took ethnic studies.
- 11:12Speaker 2: I took ancient history. Didn't hear none of this. Didn't
- 11:16Speaker 2: hear none of this. So it's intentional that we don't
- 11:19Speaker 2: know this. Nowadays, people know that, listen, if it wasn't
- 11:23Speaker 2: for the black woman who gave birth to humanity, none
- 11:26Speaker 2: of us would be here. I'm here to celebrate that.
- 11:29Speaker 2: I'm here to elevate that. It matters. And all black
- 11:32Speaker 2: women should know how important they are. And I didn't
- 11:35Speaker 2: know that. And I had a college degree and I
- 11:36Speaker 2: was a grown man. We want to honor, we want
- 11:40Speaker 2: to protect and respect the black woman. We need a
- 11:43Speaker 2: movement today to teach about who we are and what
- 11:47Speaker 2: we're capable of doing. I thought, I didn't think we
- 11:50Speaker 2: did nothing in this world. Nothing, nothing. Built nothing, did nothing.
- 11:55Speaker 1: And that was all the way up through college, you're
- 11:57Speaker 1: thinking this.
- 11:58Speaker 2: This was all the way through college. I had a
- 11:59Speaker 2: very low perspective of blacks. And that means including myself.
- 12:06Speaker 2: And I remember one day I shared this to my
- 12:09Speaker 2: mom and she said that she hated being black. She
- 12:13Speaker 2: told me she hated her dark skin. What you think
- 12:15Speaker 2: a mother who hates her dark skin going to do
- 12:17Speaker 2: to their children? They're going to teach you to hate yourself. Yeah.
- 12:20Speaker 2: So I'm not in denial that I was self-destructive and
- 12:24Speaker 2: I had a low view of myself. Yeah.
- 12:27Speaker 1: And did she say why she did she ever say
- 12:30Speaker 1: in words why?
- 12:31Speaker 2: It's just because she was dark-skinned. Society teaches the darker
- 12:34Speaker 2: you are, the most hated you are and ugly you are.
- 12:37Speaker 2: We was talking earlier, it's like, why representation matters in books?
- 12:41Speaker 2: Because you have to love yourself to be yourself. There's
- 12:45Speaker 2: more than one standard of beauty. But it's not one standard,
- 12:51Speaker 2: but that's driven down our throats every day. One standard.
- 12:55Speaker 2: And it's blonde hair, white, blue eye. That might look
- 13:00Speaker 2: good to some people, but it don't look good to everybody.
- 13:03Speaker 2: I'm sitting here with a beautiful black sister. You know
- 13:05Speaker 2: what I'm saying? I'm like, look, beauty is not one style,
- 13:09Speaker 2: one type. And we're beautiful people. Our hair is beautiful.
- 13:14Speaker 2: We have it for a reason. Our nose is beautiful.
- 13:18Speaker 2: We have it for a reason. And so we got
- 13:21Speaker 2: to celebrate who we are. And like I said, I
- 13:23Speaker 2: came out of college with a degree, but I ain't
- 13:25Speaker 2: have a knowledge itself. And I certainly wasn't loving myself.
- 13:28Speaker 2: And I think a lot of the problems we have
- 13:29Speaker 2: in our community is a lack of knowledge. And I
- 13:32Speaker 2: think books can make a difference. So I'm excited. That's
- 13:34Speaker 2: why I get my passion to do what I do.
- 13:36Speaker 1: So when you get on this road to start this bookstore,
- 13:39Speaker 1: what's your first play, first move? And how do you
- 13:43Speaker 1: get funding to do.
- 13:44Speaker 2: All of this? You know what I realized? Relationships sometimes
- 13:49Speaker 2: bring about opportunities. and it was through a relationship, because
- 13:53Speaker 2: I ain't had no money, but I've established a relationship
- 13:56Speaker 2: with a book distributor, and he gave me a credit line,
- 14:00Speaker 2: and I went in the streets and sold the product,
- 14:06Speaker 2: paid him off, reinvested what I made, and continued to grow.
- 14:10Speaker 2: But it's relationships.
- 14:12Speaker 1: Sometimes- Wasn't it a black author too?
- 14:14Speaker 2: It was a publisher. Yeah, it was a distributor of
- 14:17Speaker 2: black books. Wow.
- 14:19Speaker 1: And they- How are you selling the books? Who are
- 14:22Speaker 1: you selling them to?
- 14:23Speaker 2: I went to festivals. I went to black expos. I
- 14:28Speaker 2: went to the community, but also I took 22, I'll
- 14:33Speaker 2: never forget this, in 19, I took $ 22, 000 that I
- 14:38Speaker 2: saved up and invested in a bookstore, having no knowledge,
- 14:42Speaker 2: no understanding what I was doing, picked a location. What
- 14:45Speaker 2: I know now about business, these are the three rules.
- 14:50Speaker 2: I put that baby in a location that was not
- 14:55Speaker 2: conducive to what I was doing. So it wasn't helping
- 14:58Speaker 2: me because people understand this. To get people to support you,
- 15:02Speaker 2: you got to have a marketing strategy. I didn't know
- 15:04Speaker 2: nothing about no marketing. I didn't know about no finance.
- 15:06Speaker 2: I didn't know about no taxes. I didn't know nothing
- 15:07Speaker 2: about nothing. All this I'm going to learn because I
- 15:10Speaker 2: didn't get a degree in business from college. I got
- 15:12Speaker 2: a degree in public administration. So I had to learn.
- 15:16Speaker 2: And by learning through experience, experience is the best teacher.
- 15:20Speaker 2: So as a result, the experience, you know, taught me
- 15:23Speaker 2: along the way. And I made some mistakes back then.
- 15:26Speaker 2: I had to get out of that location and move
- 15:28Speaker 2: more west to the Baldwin Hills Crenshaw area.
- 15:31Speaker 1: So where was your first location at the time?
- 15:33Speaker 2: At that time was right there in L.A., right by
- 15:36Speaker 2: the 110 freeway by Manchester and Figueroa.
- 15:39Speaker 1: Now, when you got that terrible location in Miami, I'm
- 15:43Speaker 1: assuming you're just losing money, you're bleeding out, or are
- 15:45Speaker 1: you at least breaking even?
- 15:46Speaker 2: I'm bleeding out. I learned another mistake back then. Because
- 15:52Speaker 2: my mom was a real estate broker. I came out
- 15:54Speaker 2: of college and I was also trying to be a
- 15:56Speaker 2: mortgage consultant. I'm always helping people. Whether I'm selling books,
- 15:59Speaker 2: helping people. Realizing a home is your biggest investment. So
- 16:06Speaker 2: I was blessed to buy this home. Somebody was losing it.
- 16:12Speaker 2: Paid them some money. Signed it over to me. I
- 16:14Speaker 2: was blessed. Rule number one. Don't and spend the money
- 16:21Speaker 2: and the equity from your house to put it in
- 16:23Speaker 2: an unsure investment.
- 16:26Speaker 1: Like a startup business.
- 16:28Speaker 2: Yeah, because find them. So eventually I lost my house
- 16:34Speaker 2: because I was using the money I was getting from
- 16:38Speaker 2: my home I was putting it in a bookstore.
- 16:40Speaker 1: This is the first bookstore?
- 16:42Speaker 2: It's the first one.
- 16:42Speaker 1: Oh, you bleeding out.
- 16:43Speaker 2: I'm bleeding out bad now.
- 16:44Speaker 1: You can't sleep. You couldn't even function. You was definitely
- 16:49Speaker 1: living on some potato salad.
- 16:50Speaker 2: Hey, listen. There were times I had to do with
- 16:55Speaker 2: my grandmother. She was a hustler. She sold KDDs on
- 16:58Speaker 2: the street and sweet potato pies to send me money
- 17:01Speaker 2: every year for college. I ain't had no Midas college yet.
- 17:03Speaker 1: This your grandmother?
- 17:04Speaker 2: Who is this? This is my grandmother.
- 17:05Speaker 1: Wow.
- 17:05Speaker 2: That's a powerful woman in my life.
- 17:07Speaker 1: But I will say this. I want to backtrack because
- 17:10Speaker 1: I want to talk about, I think that when you
- 17:12Speaker 1: get in business for yourself, sales is a must-have skill.
- 17:17Speaker 1: And I can't overlook the fact that you mentioned that
- 17:20Speaker 1: your first step was selling these books.
- 17:22Speaker 2: Yes.
- 17:22Speaker 1: How hard was it to get to the place of
- 17:25Speaker 1: comfortability selling-wise? Because, you know, dealing with rejection like that.
- 17:29Speaker 2: Yeah. It's pretty brutal. I didn't give up. I pivoted. Relocated.
- 17:35Speaker 2: And tried to start up again. Wow. Started out in
- 17:38Speaker 2: a hole in the wall. It was a little shack.
- 17:41Speaker 1: What was your family saying when you're like, oh, I
- 17:43Speaker 1: want to go at it a second time?
- 17:46Speaker 2: You know, I can only say this, is that All
- 17:50Speaker 2: the work I have done in my life has been
- 17:53Speaker 2: under belief. It was like that word, which means king
- 17:58Speaker 2: in Arabic, was transformative. And it took decades for my
- 18:04Speaker 2: mom to call me by my spiritual name. Because all
- 18:12Speaker 2: the work that I was doing that she loved, all
- 18:15Speaker 2: the events that I hosted with Top celebrities and all.
- 18:19Speaker 2: It's still, she struggled. But before she made her transition,
- 18:23Speaker 2: she called me Malik. I never forced her. I respected her.
- 18:26Speaker 1: She wasn't calling you Malik before?
- 18:28Speaker 2: No. She called me by the name she gave me
- 18:31Speaker 2: by birth. I transcended and changed my name because of
- 18:34Speaker 2: the work that I was doing. And so she had
- 18:37Speaker 2: trouble dealing with that for decades and years. Wow. But
- 18:41Speaker 2: before she made her transition... She called me. I said,
- 18:45Speaker 2: she said, you love the work I'm doing? You know
- 18:46Speaker 2: I did it all. Listen, just like Peter was named,
- 18:51Speaker 2: his name was, Simon became Peter. Just like Saul became Paul.
- 18:55Speaker 2: All my work became Malik. See what I'm saying?
- 18:59Speaker 1: When did, wait, so this is, when you first started,
- 19:02Speaker 1: you started under Malik. So right after college.
- 19:05Speaker 2: The store was called Malik.
- 19:06Speaker 1: Okay, so she was still calling you by your birth name.
- 19:08Speaker 2: Yeah, she was calling by my birth name. And then,
- 19:11Speaker 2: I transcended, had the name changed, see? And she had
- 19:15Speaker 2: trouble and difficulty respecting that.
- 19:18Speaker 1: So is your full name, your original name Malik Muhammad
- 19:21Speaker 1: or you changed both?
- 19:22Speaker 2: Changed both. What? Changed both.
- 19:25Speaker 1: Oh, you were a gangster.
- 19:27Speaker 2: And that was something that's different. Look, listen, we free
- 19:30Speaker 2: today and we can choose the names. I want to
- 19:33Speaker 2: be connected to my ancestors. I want to be connected
- 19:36Speaker 2: to the people whom gave birth to us before we
- 19:42Speaker 2: came to America. I wanted a name that represented attributes
- 19:46Speaker 2: that I thought I represented. And that's why my name
- 19:49Speaker 2: is King. One Worthy of Praise.
- 19:52Speaker 1: Wow.
- 19:52Speaker 2: And I think the work that we're doing is praiseworthy
- 19:56Speaker 2: because we're making a difference in our community and not
- 20:00Speaker 2: just talking about it, but being about it. And so
- 20:04Speaker 2: it took her, but before she made her transition, she
- 20:07Speaker 2: called me Malik. I never forced her to, because my mom,
- 20:11Speaker 2: I love her. She did the best she could, but
- 20:14Speaker 2: God also have a say. And so as a result,
- 20:17Speaker 2: I made a move that I thought was in my interest,
- 20:20Speaker 2: in the community interest, and she gained respect for it
- 20:23Speaker 2: in the end before she passed away.
- 20:25Speaker 1: I like that. So what did you learn on the second?
- 20:29Speaker 1: So you moved to the new business. This is while
- 20:32Speaker 1: you're in the negative, right?
- 20:34Speaker 2: Yes.
- 20:35Speaker 1: So how are you pulling off a pivot? With no
- 20:39Speaker 1: money and a lost house.
- 20:41Speaker 2: Yes. That's, you know what? I still think about that
- 20:45Speaker 2: to this day. Cause I took, this is when I
- 20:49Speaker 2: moved to the West side of my park area. I took,
- 20:52Speaker 2: I had good thing is I was blessed to get
- 20:54Speaker 2: a place that had very reasonable rent. And then by
- 20:58Speaker 2: me understanding, I need to do marketing. I visually and
- 21:03Speaker 2: just hasten my attitude. and work ethic to go out
- 21:09Speaker 2: to cultural events, go to the people. So every week,
- 21:12Speaker 2: though I might have had my physical location, I went
- 21:15Speaker 2: out in the streets to let people know, number one,
- 21:19Speaker 2: let's make sales so I can pay my over here.
- 21:22Speaker 2: Number two, to let people know where I'm at to
- 21:25Speaker 2: come later on if they don't buy today. And then
- 21:28Speaker 2: I moved into the mall. And this is what I realized.
- 21:31Speaker 2: People move like schools of fish. And if you don't
- 21:34Speaker 2: have a marketing budget, All you have to do is
- 21:36Speaker 2: set up where they already go.
- 21:38Speaker 1: The mall.
- 21:39Speaker 2: So I went into the mall because they already go there.
- 21:41Speaker 2: Now I have to worry.
- 21:43Speaker 1: About marketing as hard. But now the malls have a
- 21:47Speaker 1: lot of rules and they're very expensive. I've never seen
- 21:50Speaker 1: a mall that's not expensive.
- 21:52Speaker 2: Yes, they are expensive and very challenging. And just because
- 21:56Speaker 2: you're in a mall don't mean they're going to come
- 21:58Speaker 2: in once again. You have to find that formula that
- 22:01Speaker 2: works where you have books. If you just rely on
- 22:04Speaker 2: black books, you're gonna starve.
- 22:06Speaker 1: If you just rely on what?
- 22:08Speaker 2: Books, black books. Because for one, we're not, it's not mainstream.
- 22:14Speaker 1: Yeah, yeah, yeah.
- 22:15Speaker 2: It's a genre. It's a niche.
- 22:17Speaker 1: Yeah.
- 22:17Speaker 2: We have to figure out how to have things accessorize
- 22:22Speaker 2: around the books in order to continue to have sales. Otherwise, because...
- 22:29Speaker 2: All you're doing, your market is already small to begin with.
- 22:32Speaker 2: It's not universal. So once you see that, then you
- 22:34Speaker 2: got to figure out ways to have other things and
- 22:36Speaker 2: do other things to bring in other income besides just books.
- 22:40Speaker 1: So what did you do?
- 22:41Speaker 2: Gifts that speak to our Afrocentricity. I went to gifts.
- 22:47Speaker 1: I went to- You said gifts?
- 22:49Speaker 2: Gifts. Okay. Yeah, tote bags. Yeah, yeah. What else? Do
- 22:52Speaker 2: you have calendars?
- 22:52Speaker 1: When you're doing these deals with these published, I don't know,
- 22:56Speaker 1: what do you call it?
- 22:56Speaker 2: Distributors. Yes.
- 22:57Speaker 1: Do you have to sell? Are they looking at your numbers?
- 23:00Speaker 1: Are these hot dogs busted open too?
- 23:02Speaker 2: They ain't busting open yet. They're about to though. They're
- 23:04Speaker 2: about to bust open real nice. They looking good.
- 23:06Speaker 1: Hilarious.
- 23:08Speaker 2: Oh yeah. Now these potatoes. Now look, you know.
- 23:12Speaker 1: And now you're not, what, they're too hard?
- 23:14Speaker 2: They soft. But here's the thing. I'm going to smash
- 23:17Speaker 2: them rather than cut them. Okay.
- 23:19Speaker 1: Okay.
- 23:20Speaker 2: So. It's still potato salad, but some call it whipper salad.
- 23:24Speaker 1: That's hilarious. So it's going to be like mashed potatoes.
- 23:27Speaker 1: But you don't put butter in it?
- 23:28Speaker 2: Nope. I don't put butter in it. Now, making the
- 23:31Speaker 2: pork man, see, this spoon right here chops it up too.
- 23:35Speaker 2: So it'd be some chunks too as well.
- 23:37Speaker 1: Okay.
- 23:38Speaker 2: So here's the thing. They soft enough where it just
- 23:40Speaker 2: goes right through like butter. Okay. It's real soft. But
- 23:44Speaker 2: I'm chopping them up now. And listen, I'm not peeling
- 23:46Speaker 2: them because there's a lot of nutrients in there. around
- 23:50Speaker 2: the outside of the potato. Now, you can choose to
- 23:54Speaker 2: peel them, but I choose not, because I need all
- 23:56Speaker 2: the nutrients. Because there are only three ingredients. It's potatoes, mayonnaise,
- 24:03Speaker 2: and celery seeds. Put a little seasoning salt and pepper
- 24:07Speaker 2: on it. We like, we do.
- 24:08Speaker 1: I can't wait to try this. And you usually eat
- 24:10Speaker 1: this with hot dogs or no?
- 24:11Speaker 2: I eat it with hot dogs because.
- 24:13Speaker 1: That's a whole meal.
- 24:14Speaker 2: It's a whole meal. It's a whole meal. You got
- 24:17Speaker 2: meat and potatoes. You got your starch and you got
- 24:19Speaker 2: your protein. So yes.
- 24:23Speaker 1: So are you under pressure to sell the books by
- 24:26Speaker 1: the distributors or will you lose your deal with them
- 24:29Speaker 1: if you're not moving books?
- 24:31Speaker 2: No. The only thing that's affected by not using, not
- 24:37Speaker 2: selling a lot of books is your account. But You're
- 24:43Speaker 2: not in jeopardy of closing it. You're in jeopardy if
- 24:45Speaker 2: you ain't paying your bills. So that's the only way
- 24:48Speaker 2: your accounts are in jeopardy. But like I said, when
- 24:51Speaker 2: I started, I had a credit line. Met somebody. He
- 24:54Speaker 2: believed in what I was trying to do. He credited
- 24:57Speaker 2: me the books. I paid him for what I sold.
- 25:00Speaker 2: And the relationship continued to grow to where I'm at now.
- 25:05Speaker 2: And that's the concept. It's like, hey, make some money, reinvest.
- 25:10Speaker 2: Make some money, reinvest. Make some money, reinvest.
- 25:13Speaker 1: I don't want to jump too far ahead, but how
- 25:14Speaker 1: does companies like Audible affect your business?
- 25:18Speaker 2: The experiment is over. Listen, they tried to put the
- 25:22Speaker 2: physical books out of business through audio books and e-book,
- 25:27Speaker 2: all right? Guess what? They went through that.
- 25:29Speaker 1: I remember the Kindle came and tried to get your-
- 25:32Speaker 1: The experiment is over.
- 25:33Speaker 2: Listen, people want physical books. we already see in the
- 25:38Speaker 2: music industry. They got rid of the CDs and albums.
- 25:41Speaker 2: Now they trying to come back after they had a market.
- 25:43Speaker 2: They thought streaming, electronic, digital, they thought that was the answer. Not!
- 25:49Speaker 2: They have no retail. So guess what? They trying to
- 25:52Speaker 2: come back. They tried to do the same thing in
- 25:54Speaker 2: the book business, but it didn't work. People want a
- 25:57Speaker 2: physical book.
- 25:59Speaker 1: Yeah, that's true.
- 26:00Speaker 2: That's true.
- 26:01Speaker 1: I do both, but I love me a physical book.
- 26:05Speaker 1: Most of the books I get, though, I try now
- 26:07Speaker 1: to have them all signed. I like having them all signed.
- 26:10Speaker 2: I personally, I like to get e-books with my car.
- 26:14Speaker 1: Yeah, that's how I do it. And I also do
- 26:17Speaker 1: it in the gym, even though gym is where you're
- 26:19Speaker 1: supposed to listen to pumping up music. I listen to
- 26:22Speaker 1: a lot of books during my workouts.
- 26:24Speaker 2: Yeah, it's a good way. Instead of music, you learn. Inspirational.
- 26:27Speaker 2: So it's a market for that, but it don't have
- 26:30Speaker 2: to be the whole market. But that's what they wanted.
- 26:33Speaker 2: They thought that they can transcend the publishing business in
- 26:38Speaker 2: the same way they did the music. But guess what?
- 26:41Speaker 2: It didn't work. People want all three. They want an e-book,
- 26:45Speaker 2: they want audio book, and they want the physical book.
- 26:47Speaker 1: And they also make great gifts.
- 26:49Speaker 2: Absolutely. Absolutely. Absolutely. And we learned through the pandemics. If
- 26:57Speaker 2: you got kids during a pandemic and they had to
- 27:00Speaker 2: sit on that computer all day. And you know how
- 27:04Speaker 2: much time everybody spends on social media. So we realized
- 27:09Speaker 2: that we're trying to get them off of that.
- 27:11Speaker 1: Yeah.
- 27:12Speaker 2: Reading on a tablet. Yeah. Reading on a computer. Yeah.
- 27:15Speaker 2: So there's room for all of this. Yeah. And so
- 27:18Speaker 2: we want to minimize the amount of time on computers,
- 27:23Speaker 2: on laptops, on computers. Digital tablet.
- 27:26Speaker 1: It's also not good for your eyes. So you opened
- 27:29Speaker 1: the second location in a mall. You take on a
- 27:31Speaker 1: huge lease. Are you intimidated?
- 27:34Speaker 2: No. I opened the second location, Fox Hills Mall. That's
- 27:37Speaker 2: what it was called. Now it's called Westfield Culver City Mall.
- 27:40Speaker 2: They reached out to me and they gave me a
- 27:42Speaker 2: deal I couldn't refuse.
- 27:43Speaker 1: They reached out to you? I didn't know malls reach out.
- 27:46Speaker 2: Put some celery seed in there because there ain't no vegetables.
- 27:48Speaker 2: This is the celery seed. Yeah, they reached out. They
- 27:50Speaker 2: have a leasing department. The leasing department goes out and
- 27:54Speaker 2: look for items they think might be a good fit.
- 27:57Speaker 2: So they reached out to us and we came during
- 27:59Speaker 2: the pandemic and we were concerned. But you know what?
- 28:02Speaker 1: This is your second location.
- 28:03Speaker 2: Yeah, this is the second location.
- 28:03Speaker 1: I thought the Crenshaw Mall was the second.
- 28:05Speaker 2: The first. That's the first. I started out on Crenshaw,
- 28:07Speaker 2: Baldwin Hills, the Merck Park area.
- 28:10Speaker 1: Oh, in the area, but not the mall.
- 28:12Speaker 2: Yeah, in the mall. I went in that mall in 1994.
- 28:15Speaker 1: That was after Fox? No, that was before Fox Hills.
- 28:17Speaker 2: No, this was before Fox Hills.
- 28:20Speaker 1: Which is your second location?
- 28:22Speaker 2: Fox Hills Mall, Westfield, Culver City. That's our main store,
- 28:27Speaker 2: but that is the second location. The first location is
- 28:31Speaker 2: in Baldwin Hills.
- 28:33Speaker 1: But that wasn't a mall?
- 28:35Speaker 2: No. I went into the mall, Baldwin Hills Crenshaw Mall,
- 28:38Speaker 2: in 1994, but I started out on the street in
- 28:40Speaker 2: 1990 on that corner.
- 28:42Speaker 1: So wouldn't that be your second? Wait, which one's your
- 28:45Speaker 1: second and third? Okay.
- 28:46Speaker 2: Okay. So right now it's only two.
- 28:47Speaker 1: Okay.
- 28:48Speaker 2: So the first is Baldwin Hills Crenshaw, okay? And the
- 28:50Speaker 2: second is Westfield Cove City Mall, a.k.a. Fox Hills Mall.
- 28:54Speaker 1: Okay. Wait, I'm getting them confused.
- 28:57Speaker 2: That's fine. The one you went to was.
- 28:58Speaker 1: I go to the Fox Hills one.
- 28:59Speaker 2: Yeah, Fox Hills. Yeah. Okay.
- 29:00Speaker 1: But you're saying that the one that you're talking about
- 29:02Speaker 1: is the Crenshaw one?
- 29:03Speaker 2: Yes. Okay.
- 29:04Speaker 1: I got it confused. Sorry, guys.
- 29:06Speaker 2: Yes. All right.
- 29:06Speaker 1: So you're in the... So you opened the Crenshaw Mall,
- 29:09Speaker 1: the one in the Crenshaw Mall?
- 29:10Speaker 2: Yeah, that's OG.
- 29:11Speaker 1: That's the OG.
- 29:12Speaker 2: OG.
- 29:13Speaker 1: You take on the lease. There's no part of you
- 29:14Speaker 1: that's intimidated, nervous. Are you honored that they thought of you?
- 29:19Speaker 2: I started out as a cart in the center of
- 29:20Speaker 2: the mall. I didn't even start in the store.
- 29:22Speaker 1: Oh, you started out as a cart. Those carts were expensive, too.
- 29:25Speaker 2: Yeah, they were. You know what? A cart wouldn't work
- 29:27Speaker 2: for me. I sold them on a different design. And
- 29:30Speaker 2: I was there. And we did well. And that's when
- 29:33Speaker 2: I went into a store. Wow. I grew into the
- 29:36Speaker 2: store from the cart to the store. Wow. Start where
- 29:38Speaker 2: you can.
- 29:39Speaker 1: How long? did it take for you to go from
- 29:41Speaker 1: a cart to a store? But you also have a
- 29:43Speaker 1: great sales background at this point.
- 29:45Speaker 2: At this point.
- 29:46Speaker 1: You can sell right to a roach, right?
- 29:48Speaker 2: Hey, ice to an Eskimo. Listen. Listen. If you spend
- 29:53Speaker 2: enough time doing something, I got over 10,000 hours doing this. Yeah, exactly.
- 29:56Speaker 2: I am a professional book seller.
- 29:57Speaker 1: You're in a cart. That's what I'm saying. Who's going
- 29:59Speaker 1: to get past you and not stop and buy a book?
- 30:01Speaker 2: I'm a pro, professional pro at selling books.
- 30:04Speaker 1: Okay.
- 30:05Speaker 2: I've been doing it since 1990. Got 36 years experience.
- 30:11Speaker 2: I know the industry like the back of my hand.
- 30:13Speaker 2: This is what I do.
- 30:15Speaker 1: So you're doing the, you're selling, you move into a
- 30:17Speaker 1: bigger location. Now you're getting into the design of the
- 30:20Speaker 1: store and all these other needs. Are there any between the,
- 30:25Speaker 1: are there any things between the cart and the store
- 30:27Speaker 1: lessons that you wish you could have dodged in that era?
- 30:32Speaker 2: How to negotiate terms when you get into an inline
- 30:36Speaker 2: store that would be more beneficial for your success. Because
- 30:41Speaker 2: a lot of times, You're paying so much just to
- 30:46Speaker 2: be in that space that you end up having no savings,
- 30:52Speaker 2: having no money other than paying them their rent. And
- 30:55Speaker 2: you got to have money to live. Yeah. So I
- 30:58Speaker 2: had to have money to live. I have to have
- 31:00Speaker 2: money to survive. And all the money was going paying them.
- 31:06Speaker 1: So what do you mean by the terms? What could
- 31:08Speaker 1: you have done differently in the terms?
- 31:09Speaker 2: Get lower terms, get lower, pay less per month. Paying
- 31:14Speaker 2: $ 1, 000 less per month makes a huge difference because books
- 31:19Speaker 2: are not the industry of books is a volume business,
- 31:22Speaker 2: not a book here and there. And that's what a
- 31:25Speaker 2: lot of people don't understand the challenges in the book
- 31:29Speaker 2: industry is a book industry is about volume, not one
- 31:32Speaker 2: book here or there. And all of these things you learn.
- 31:35Speaker 2: But sometimes you jump in and not understanding that. This
- 31:38Speaker 2: is why my first bookstore didn't fail because it's a
- 31:41Speaker 2: volume business. And why was that? Nobody's going to drive
- 31:44Speaker 2: over there. And I don't care how much money you
- 31:46Speaker 2: spend trying to market that location.
- 31:48Speaker 1: But if you're not doing book by one, are you
- 31:50Speaker 1: talking about like when you say volume, like when you
- 31:52Speaker 1: bring the celebrity or the author into the store and
- 31:54Speaker 1: you're trying to sell a hundred books that day?
- 31:57Speaker 2: Doing events, that's volume. Also having people come in, have
- 32:01Speaker 2: a hundred people come in today, every day, you know,
- 32:05Speaker 2: Hopefully half of them buy. If they buy, 50 people
- 32:07Speaker 2: buy at $ 20, you done made $ 1, 000 in sales. Now,
- 32:11Speaker 2: but the majority of that money is still inventory because
- 32:16Speaker 2: books don't have a large percentage like others.
- 32:18Speaker 1: Oh, they don't have like a good profit margin?
- 32:20Speaker 2: No, the profit margin is very marginal, very. So you
- 32:24Speaker 2: had to learn how to budget. You got to budget
- 32:26Speaker 2: just like a grocery store. A grocery store profitability is
- 32:28Speaker 2: only probably about 3%. Really? Yeah.
- 32:33Speaker 1: Here we thought they were purposely robbing us.
- 32:35Speaker 2: They make a lot. They sell a lot, but they
- 32:37Speaker 2: pay a lot. It's just like the movie industry. The
- 32:40Speaker 2: money they make is not the movie. It's the popcorn.
- 32:44Speaker 2: It's the food.
- 32:46Speaker 1: So you're doing, in your store, you're doing gifts, you're
- 32:49Speaker 1: doing books. I've heard some people do coffee.
- 32:52Speaker 2: Yeah, they have hibernated type bookstores. Yes. Ours is gifts.
- 32:56Speaker 2: Ours is events. And so we kind of mastered that
- 32:58Speaker 2: being the premier bookstore of Los Angeles. Yeah. Hosting top-rated
- 33:03Speaker 2: caliber events, which we're proud about. We've hosted Spike Lee,
- 33:09Speaker 2: Cedric the Entertainer, John Hope Bryant. He's a financial literacy person.
- 33:14Speaker 2: That's just a tip. Taraji P. Henson as well.
- 33:19Speaker 1: You guys are going to do Cat Williams soon too, right?
- 33:21Speaker 2: About to host Cat Williams. We partnered with his management company, yes.
- 33:26Speaker 2: And that, they've been at the Wilshire Ebro Theater. We
- 33:29Speaker 2: still have, there's still tickets out there, but they resell
- 33:31Speaker 2: tickets because it's sold out. But you can still get
- 33:34Speaker 2: a ticket by buying a reseller.
- 33:35Speaker 1: But those are your events, right?
- 33:36Speaker 2: Yeah, I'm part of what is called the National Association
- 33:40Speaker 2: of Black Bookstores. Wow. We've been around for about a year.
- 33:42Speaker 2: I'm one of the founding members. I'm very excited about that.
- 33:45Speaker 2: And the purpose of it is to create generational wealth
- 33:49Speaker 2: as well as to create a legacy in the black
- 33:53Speaker 2: bookstore world. space. We don't want this to be fly
- 33:56Speaker 2: by night and fade out 20 years from now. We
- 33:58Speaker 2: want this to continue, industry to continue to grow, continue
- 34:01Speaker 2: to evolve. And so my me being part of that,
- 34:04Speaker 2: and our founder is Kevin Johnson, who envisioned an association
- 34:10Speaker 2: in this idea. So a lot of events, we partnered
- 34:13Speaker 2: with the National Association of Black Bookstores. We partnered with
- 34:18Speaker 2: management companies of certain authors and celebrities. We create partnerships
- 34:23Speaker 2: with corporations. And so it's a saying called your net
- 34:29Speaker 2: worth is your net worth. You know what I'm saying?
- 34:32Speaker 2: So we got a network today. And so Cab Williams
- 34:36Speaker 2: is a collab with the Cab Williams management, obviously Cab Williams,
- 34:42Speaker 2: the publisher, National Association of Black Bookstores, and Malik Books. Nice.
- 34:48Speaker 1: Now in California, how many Black-owned books? Not black, just
- 34:53Speaker 1: black curated. How many black-owned bookstores are there, at least
- 34:57Speaker 1: in South LA?
- 34:59Speaker 2: I think it might be about- Southern California. For independent
- 35:02Speaker 2: black-owned bookstores, maybe two. Oh. Maybe two.
- 35:06Speaker 1: Now, do you guys get along, or are you guys competitors?
- 35:09Speaker 2: Yeah, we are competitors, but I get along with them.
- 35:11Speaker 2: I think out in the Valley, there's one, maybe about
- 35:13Speaker 2: three total, but I get along with them. Listen, it's
- 35:16Speaker 2: enough for all. It's millions of black folks. Yeah. We
- 35:18Speaker 2: pull them from the same, let me tell you, the demographics.
- 35:22Speaker 2: they're buying the most books is black women.
- 35:26Speaker 1: I believe that.
- 35:26Speaker 2: Y'all, hey, look, y'all is the reason why we exist.
- 35:29Speaker 2: Let me tell you that. I ain't trying to put
- 35:31Speaker 2: no shade on the black, man, because we love you too.
- 35:34Speaker 2: But it is black women who is the backbone of
- 35:40Speaker 2: the black bookstores all across this nation.
- 35:43Speaker 1: That is a big statement.
- 35:45Speaker 2: Yes.
- 35:46Speaker 1: Why do you think black, not trying to throw shade
- 35:49Speaker 1: at these black brothers out here.
- 35:51Speaker 2: Not at all. Not at all.
- 35:52Speaker 1: Why do you think that is? Do you think it's
- 35:53Speaker 1: because black men have a lack of self-love?
- 35:56Speaker 2: We do have a lot of lack of self-love as
- 35:59Speaker 2: well as black women. But when you conquer a people,
- 36:04Speaker 2: a civilization, the prize is the woman. And so the
- 36:10Speaker 2: woman has always been the prize of our fall to
- 36:15Speaker 2: the oppressor. And so certain doors are open up that
- 36:19Speaker 2: are different than for black men. At one point in time,
- 36:24Speaker 2: the rate of death of black youth was number one.
- 36:29Speaker 2: It was like you had a better chance of going
- 36:33Speaker 2: to war and surviving than on the streets as a
- 36:35Speaker 2: black boy. So, yeah. So I just think it's a
- 36:39Speaker 2: lot of things, not one particular thing, but opportunity in
- 36:43Speaker 2: America is here. I'm here to tell you that you
- 36:44Speaker 2: can win. I'm here to tell you, I don't care
- 36:46Speaker 2: what obstacles out there, both black men and women, we
- 36:49Speaker 2: can win. We can make a difference. We can grow
- 36:52Speaker 2: and do wonderful things here. We have more millionaires, some billionaires,
- 36:57Speaker 2: than we ever had. We own less wealth as a whole,
- 37:02Speaker 2: but we have individuals who have a lot of wealth.
- 37:07Speaker 2: We used to own more wealth as a whole, like
- 37:09Speaker 2: land and stuff like that back in the 70s and 60s,
- 37:12Speaker 2: but we own... very little as a whole collective. And
- 37:16Speaker 2: that's the reality is that we got to move together
- 37:18Speaker 2: to survive together.
- 37:19Speaker 1: But I guess where I'm confused is like you, for
- 37:22Speaker 1: black women to be the main reason why, there's a disparity, right?
- 37:28Speaker 1: What is, I don't think.
- 37:30Speaker 2: I fully understand. There are more black women in college.
- 37:33Speaker 1: And they're also making a lot more now. And obviously
- 37:36Speaker 1: probably reading is what's helping them make more. But why
- 37:41Speaker 1: is it that, Black men aren't consuming as much, in
- 37:49Speaker 1: your honest opinion.
- 37:50Speaker 2: In my honest opinion, it's hard to change when you're
- 37:52Speaker 2: just trying to survive. It's hard to listen to any
- 37:58Speaker 2: information that can help you when you're just trying to
- 38:01Speaker 2: put food on the table. Just when you, it's very hard.
- 38:05Speaker 2: Trying to transform black men, it's a hard job to
- 38:09Speaker 2: do because a lot of black men, they don't go
- 38:12Speaker 2: to college, a lot of them in jail, a lot
- 38:15Speaker 2: of them hate themselves. There's a lot of factors that
- 38:18Speaker 2: go into this. That's the work that we have challenged
- 38:21Speaker 2: with to do because no civilization can rise above their people.
- 38:26Speaker 2: So we all got to grow together or we won't
- 38:28Speaker 2: grow at all.
- 38:29Speaker 1: But I do feel like black women face some of
- 38:31Speaker 1: those same exact hurdles. Like when black women are out
- 38:33Speaker 1: here trying to survive, especially the single moms. So it's
- 38:38Speaker 1: hard for me to give empathy To say that the
- 38:42Speaker 1: reason why black men aren't going into the same bookstore
- 38:45Speaker 1: as black women is because black men are trying to survive.
- 38:47Speaker 1: When I feel as though there is a lot of
- 38:51Speaker 1: black women, if you have conversations, that come from a
- 38:55Speaker 1: trying to survive background.
- 38:56Speaker 2: I agree.
- 38:57Speaker 1: So I think there has to be something more to
- 38:59Speaker 1: it than just he's not going in the store because
- 39:01Speaker 1: he's trying to pay.
- 39:02Speaker 2: It's systemic. First of all, racism is systemic. So black
- 39:06Speaker 2: men are not the power brokers. Black men are not
- 39:09Speaker 2: hiring black women. If black women are making more money,
- 39:13Speaker 2: it's not because of black men. It's because of corporate America.
- 39:17Speaker 2: Black women are sharp. She's deserving. She's elevated. She's educated.
- 39:24Speaker 2: And so she is the backbone of what's happening I
- 39:30Speaker 2: know in the book industry is that she's the biggest
- 39:33Speaker 2: buyer of books. She's the first teacher of children. And
- 39:37Speaker 2: so I'm not, no, it's a beautiful thing. We got
- 39:39Speaker 2: work to do because we want to see the men
- 39:44Speaker 2: take responsibility for them. Because it's not meant for a
- 39:49Speaker 2: woman to be a single parent. It's a lot of that.
- 39:51Speaker 2: There are men in the homes. There are men that
- 39:54Speaker 2: are part of their children's lives, despite the myth that's
- 39:58Speaker 2: out there. But there are a lot of women who
- 40:01Speaker 2: are raising children on their own. And so I don't
- 40:05Speaker 2: have all the answers, but I know the data is
- 40:07Speaker 2: there for us to study.
- 40:08Speaker 1: I'll give my unasked opinion about this, and I think
- 40:12Speaker 1: it's because black women have been oppressed. and continually being
- 40:16Speaker 1: held back and continually fighting to.
- 40:20Speaker 2: Survive.
- 40:21Speaker 1: And I think that the main reason why they're hungrier
- 40:25Speaker 1: for it is because they're driven. And it comes from
- 40:30Speaker 1: a place of, I want to survive and thrive.
- 40:33Speaker 2: Yes. I definitely don't disagree with that.
- 40:37Speaker 1: Because I hate the narrative that black men are just,
- 40:40Speaker 1: they're trying to survive. And obviously I'm not a black man, but-
- 40:44Speaker 1: you could talk to a lot of black women and
- 40:48Speaker 1: surviving is the number one topic.
- 40:51Speaker 2: The number one topic. I just know I'm no different
- 40:53Speaker 2: than any other black. I wrote a chapter in a
- 40:55Speaker 2: book called The Heart of a Black Man, 30 Stories
- 41:00Speaker 2: of Resilience. It's 30 black men wrote a book about
- 41:03Speaker 2: the heart of a black man and overcome triumph and resilience.
- 41:08Speaker 2: And my chapter was called From Devastation to Elevation. And
- 41:12Speaker 2: all I could speak about was me And that I
- 41:15Speaker 2: went through the same challenges that any other black man
- 41:19Speaker 2: or woman had to go through. And yet I'm here today.
- 41:24Speaker 2: I survived the pitfalls. There are a million things out
- 41:27Speaker 2: here trying to disrupt you, derail you, kill you, imprison you,
- 41:32Speaker 2: do all kinds of stuff. So if you able to
- 41:34Speaker 2: get through all that, and that's just the way forces
- 41:37Speaker 2: of nature down here. My chapter was like, I'm elevated
- 41:41Speaker 2: despite that. And you can't be too.
- 41:44Speaker 1: You wrote the whole book?
- 41:45Speaker 2: I didn't write the whole, there's 30 of us. Okay.
- 41:47Speaker 2: It's only available on Amazon. It was a young lady
- 41:50Speaker 2: who collectively put us all together.
- 41:53Speaker 1: A young lady. Was she black?
- 41:55Speaker 2: She was black.
- 41:56Speaker 1: I'm sorry.
- 41:57Speaker 2: She was black.
- 41:58Speaker 1: I'm not trying to make black women.
- 42:00Speaker 2: The poster child of great. Courageous Black Women is her organization. Okay.
- 42:06Speaker 1: And what's the name of the book?
- 42:08Speaker 2: The Heart of a Black Man, 30 Stories of Triumph
- 42:11Speaker 2: and Resilience.
- 42:12Speaker 1: That sounds like an amazing book. Did you read the book?
- 42:15Speaker 2: Yes. And it is powerful. And I recommend it all
- 42:18Speaker 2: the time. I think I got a few left in
- 42:21Speaker 2: my store at the Westfield Mall.
- 42:23Speaker 1: Oh, you can buy it in physical.
- 42:24Speaker 2: Yeah, because I try to get author copies so I
- 42:26Speaker 2: can sell it at the store. Autograph.
- 42:28Speaker 1: I want to get a copy.
- 42:29Speaker 2: I'll make sure you get one.
- 42:31Speaker 1: I'm going to come down there and get it.
- 42:32Speaker 2: Yes.
- 42:33Speaker 1: And signed.
- 42:34Speaker 2: Yes, absolutely. And what that is just things that we've overcome.
- 42:38Speaker 2: I'm no different than no one else. There are many
- 42:40Speaker 2: times that I faced death, but yet I am and
- 42:45Speaker 2: I'm still here. There are a lot of things that
- 42:48Speaker 2: I've overcome. Just this alone right here, I was five
- 42:51Speaker 2: and didn't know glass was in the trash can. And
- 42:55Speaker 2: I reached in there at around five years old and
- 42:59Speaker 2: cut my wrist. My mom My sister yelled and screamed,
- 43:05Speaker 2: blood running off of my wrist. And my mom came
- 43:09Speaker 2: and wrapped a towel. I still remember that to this day.
- 43:11Speaker 2: Wrapped it around there tight till the ambulance came. I
- 43:14Speaker 2: survived that. There are a lot of things that happened
- 43:18Speaker 2: in my life that I share in my chapters. I
- 43:22Speaker 2: could easily not have been here like so many others,
- 43:25Speaker 2: but I'm here. And I'm here with a mission because
- 43:27Speaker 2: I believe God has me in the space that he
- 43:29Speaker 2: wants me to be in. And I tried to walk
- 43:31Speaker 2: away from books and took a little break.
- 43:34Speaker 1: You tried? Why did you try?
- 43:37Speaker 2: I've had back surgery. I've had on my lower back
- 43:40Speaker 2: because books are heavy and doing a lot of events
- 43:43Speaker 2: and picking them up over time. I've had fusion in
- 43:45Speaker 2: my lower back. I've had moments where I just didn't
- 43:52Speaker 2: see where I'm struggling to pay my lease in the business,
- 43:56Speaker 2: pay my bills at home, and be a provider. And
- 44:00Speaker 2: so I just thought that maybe I just ran this course.
- 44:05Speaker 1: Oh, you have, you have obviously kids, wife and all that.
- 44:09Speaker 1: And you have this, I can't imagine how hard it
- 44:11Speaker 1: is to go home to your wife and be like, oh.
- 44:14Speaker 2: We're running tight. I take care of kids, take care
- 44:16Speaker 2: of wife. I'm struggling. I'm struggling. And I said, maybe
- 44:20Speaker 2: it's best if I, if I go back to real estate. Wow.
- 44:27Speaker 1: Look at you. Unlock that iPhone.
- 44:31Speaker 2: Yeah. I'm in a deep conversation.
- 44:35Speaker 1: How did the conversations at home go when it's like,
- 44:38Speaker 1: I'm thinking about shutting it down? Did your wife support
- 44:40Speaker 1: those decisions?
- 44:42Speaker 2: Yeah, she did. But there was a time when it
- 44:45Speaker 2: was hard. And I resorted to my grandmother's hitting the streets.
- 44:54Speaker 2: And me.
- 44:55Speaker 1: Oh, you mean like selling books on the street?
- 44:57Speaker 2: Not even selling books on the street. When I closed,
- 45:00Speaker 2: I put all my inventory in the garage. But I said, maybe...
- 45:05Speaker 2: I should pursue being a cook. And she said, let's
- 45:09Speaker 2: do it. So look, I got a spot on the
- 45:12Speaker 2: street and I started, we started grilling up chicken together,
- 45:17Speaker 2: baked beans together, potato salad together and selling dinner.
- 45:20Speaker 1: This potato salad?
- 45:22Speaker 2: This potato salad.
- 45:23Speaker 1: This potato salad on the street?
- 45:24Speaker 2: All right.
- 45:26Speaker 1: Good segue. We're going to try this. This is the
- 45:28Speaker 1: poor man's potato salad you said?
- 45:30Speaker 2: This poor man. We might need some more seasoning. I
- 45:32Speaker 2: didn't go heavy.
- 45:33Speaker 1: Let's see.
- 45:33Speaker 2: Okay. Let's put a little pepper. Let's put a little
- 45:41Speaker 2: paprika on it.
- 45:46Speaker 1: It's missing something.
- 45:47Speaker 2: Yes.
- 45:48Speaker 1: What do you think is missing?
- 45:50Speaker 2: Some more salt and pepper.
- 45:51Speaker 1: Yeah, pass me the salt. It tastes like good mashed potatoes.
- 45:56Speaker 2: There's some salt.
- 45:57Speaker 1: I feel like you could either barely taste the mayo
- 45:59Speaker 1: in it.
- 46:00Speaker 2: Yeah, it could use some more mayo. It could use
- 46:02Speaker 2: some more mayo.
- 46:02Speaker 1: No, I'm going to try and chew it.
- 46:04Speaker 2: You got me cooking.
- 46:06Speaker 1: I'm trying to tweak his recipe because I really want
- 46:09Speaker 1: to taste the potato salad. I don't know if I'm
- 46:12Speaker 1: going to butcher this. I just really want to taste
- 46:15Speaker 1: the potato salad vibe and see if we could pull
- 46:20Speaker 1: it off.
- 46:21Speaker 2: I did add on the street some green pepper, some onions.
- 46:25Speaker 1: Yeah, when you add the mayo, it tastes more.
- 46:27Speaker 2: Yeah. Need some more mayo. Yes. Okay. Okay.
- 46:33Speaker 1: He gets a pass on this.
- 46:34Speaker 2: Let's see. Look, we had cabbage on the street. Baked
- 46:37Speaker 2: beans are made from scratch. I would get some small
- 46:42Speaker 2: white beans.
- 46:42Speaker 1: How long did it take you to go back into
- 46:44Speaker 1: the store?
- 46:45Speaker 2: It took, being out there on the street, cooking these
- 46:49Speaker 2: dinners in 80, 90 degrees.
- 46:52Speaker 1: Hilarious.
- 46:55Speaker 2: Convinced me relatively fast. I need to get back in
- 46:58Speaker 2: the book business because at least that's something I know
- 47:01Speaker 2: after spending so much time. So I went to my storage.
- 47:05Speaker 2: And I picked up all my inventory and went to
- 47:08Speaker 2: a show and people started thanking me for being there
- 47:13Speaker 2: at the event with those books. I said, what? I
- 47:16Speaker 2: didn't remember people thanking me when I was at the stores.
- 47:20Speaker 2: And the vibe was so different. Then I said, oh man,
- 47:24Speaker 2: this is something that I need to probably go back into.
- 47:28Speaker 2: And since then, Malik 2.0 been blowing up, baby.
- 47:33Speaker 1: No, you came back You took a break before, but
- 47:37Speaker 1: you have survived a pandemic now at this point, right?
- 47:40Speaker 2: Yeah. When I took a break, it was the early 2005,
- 47:43Speaker 2: just before the housing crash. That was 2007, 2008, right?
- 47:49Speaker 2: Just before the housing crash, I took a break. I
- 47:53Speaker 2: came back around 2011, 2012. Okay. So I had been
- 47:56Speaker 2: doing events, and then.
- 47:56Speaker 1: I opened back a store.
- 48:05Speaker 2: Back in around 2017, 2018. I went back from selling
- 48:12Speaker 2: on the street to an inline store in the Baldwin
- 48:16Speaker 2: Hills Crenshaw Mall again.
- 48:18Speaker 1: And then a couple of years later, pandemic hits.
- 48:19Speaker 2: Then the pandemic hits and I opened a second store
- 48:22Speaker 2: during the pandemic in the Westville Culver City Mall.
- 48:26Speaker 1: How did you survive the pandemic?
- 48:31Speaker 2: I survived the pandemic. And it was a trying time
- 48:34Speaker 2: because I was locked out. All my inventory was at
- 48:37Speaker 2: ball and I couldn't get to it. And I survived
- 48:43Speaker 2: because of black people supported me online. Wow. Black people
- 48:47Speaker 2: saw MalikBooks.com. And during the pandemic, everybody shelter in place,
- 48:53Speaker 2: wanted books, and they supported. I'm glad I had the
- 48:57Speaker 2: website set up. Wow.
- 48:59Speaker 1: So instead of going to Amazon and all those, wow.
- 49:01Speaker 2: They went to Malik Books and supported us. That's how
- 49:02Speaker 2: I survived. My people supported me, and I'm very grateful,
- 49:05Speaker 2: very thankful. I survived because of the outpouring of love
- 49:10Speaker 2: from people all across this country who supported us during
- 49:14Speaker 2: that time. And I was able to open Malik's second shop.
- 49:20Speaker 2: because of that outpouring of love. Wow. Because I had
- 49:23Speaker 2: the money. I also found other ways. When my family,
- 49:26Speaker 2: we would get even purchases from corporations, 100 books here,
- 49:31Speaker 2: 200 books there. We in the backyard, shutting the place,
- 49:36Speaker 2: packaging them up. I'm dropping them off. And then we
- 49:38Speaker 2: all go as a family field trip during a pandemic
- 49:42Speaker 2: to the post office together to drop them off at
- 49:46Speaker 2: the post office. So we did things as a family.
- 49:49Speaker 2: During the pandemic, we hung out in the backyard every day,
- 49:52Speaker 2: grilled every day. And those are some of the things
- 49:56Speaker 2: we did. But it was the people. The people, man,
- 49:58Speaker 2: came and gave us love during that time. I'm very grateful.
- 50:01Speaker 2: Things are different now. And we was able to fulfill
- 50:05Speaker 2: all their orders at malikbooks.com. And so that's how we survived.
- 50:09Speaker 1: Wow.
- 50:10Speaker 2: And I took a leap of faith.
- 50:11Speaker 1: Now, how many of your customers, ratio-wise, are black versus
- 50:17Speaker 1: all the other races?
- 50:18Speaker 2: Say that question again.
- 50:20Speaker 1: When you look at your ratio of customers, how many
- 50:22Speaker 1: would you say are majority black or is it now
- 50:24Speaker 1: more diverse?
- 50:26Speaker 2: Although our inventory is black curated and diversity books, I mean,
- 50:30Speaker 2: other people too, I would say that the majority is
- 50:32Speaker 2: still black by far. I would say over 90%. And
- 50:36Speaker 2: we have customers come in. Just the other day, I
- 50:38Speaker 2: was there and a white man came in and said,
- 50:40Speaker 2: I love your store. He said, it's needed. I've had
- 50:43Speaker 2: people come in and say things like, why this selection
- 50:45Speaker 2: of books? I said, why not? Why not? I was like,
- 50:49Speaker 2: I'm not picking any other stores to say why you
- 50:51Speaker 2: don't have... I said, look, I feel the whole store
- 50:54Speaker 2: just in our voice and our stories. I ain't picking
- 50:57Speaker 2: another store to say, you should carry all this. I
- 50:59Speaker 2: just simply open my own. Sometimes you can just open
- 51:02Speaker 2: your own instead of trying to boycott somebody else. So
- 51:06Speaker 2: I like what I do. And we're a gym. And
- 51:09Speaker 2: we provide a space that makes an impact. That's why
- 51:12Speaker 2: I say that I'm a book activist, first and foremost.
- 51:16Speaker 2: But they call me the hype man of books because
- 51:19Speaker 2: I like the hype.
- 51:19Speaker 1: You definitely are.
- 51:20Speaker 2: You are that.
- 51:22Speaker 1: So what advice would you give to someone trying to
- 51:24Speaker 1: open a bookstore or that's currently... A bookstore owner.
- 51:29Speaker 2: You got to find a way to take over your city.
- 51:32Speaker 2: You have to find a way. I don't have all
- 51:34Speaker 2: the answers and I don't know the dynamics of your business,
- 51:37Speaker 2: but take over your city. Take over your community.
- 51:40Speaker 1: Be at every community event. Is that what you mean?
- 51:43Speaker 2: Be at the community event, network with other businesses, politicians,
- 51:47Speaker 2: all that. But be present in your community, for your community,
- 51:52Speaker 2: by your community, but take it over. And that's different
- 51:55Speaker 2: for each store. I think Malik Books has become a
- 51:57Speaker 2: household name because of all the events that we've hosted,
- 52:02Speaker 2: all the festivals that we've been to that. And the
- 52:05Speaker 2: fact that we have a retail outlet that they can go.
- 52:08Speaker 2: It took years to get to that level. It took years.
- 52:10Speaker 2: And I'm grateful that we have created a mission and
- 52:13Speaker 2: that has become a brand.
- 52:15Speaker 1: And in business, do you still ride a roller coaster
- 52:17Speaker 1: or do you think it's just going?
- 52:19Speaker 2: It's all businesses or what we call a heartbeat up
- 52:23Speaker 2: and down every business.
- 52:25Speaker 1: I never heard that term, but I was going to say,
- 52:27Speaker 1: because I think that there's this idea that maybe one
- 52:30Speaker 1: day you open a business and it's just, there's a
- 52:32Speaker 1: tipping point and it just.
- 52:34Speaker 2: Yes, but they all come down. Yeah. There's no business
- 52:38Speaker 2: that never dipped down to go back up.
- 52:40Speaker 1: Okay.
- 52:41Speaker 2: Apple went through it. Microsoft went through it. Why shouldn't
- 52:44Speaker 2: Malik go through it? Got to learn to pivot.
- 52:45Speaker 1: Big business, small business.
- 52:46Speaker 2: You got to learn to change.
- 52:48Speaker 1: You call it the heartbeat?
- 52:49Speaker 2: It's the heartbeat. That's life. Life is up and down.
- 52:52Speaker 2: Everything ain't always up. So we go up and down.
- 52:55Speaker 2: And you find a way to continue. Because what happens is,
- 52:59Speaker 2: one of my most favorite books, it's a white author.
- 53:03Speaker 2: The book's called Who Moved My Cheese? Simple read. But
- 53:07Speaker 2: change is going to happen. Whether you like it or not,
- 53:09Speaker 2: be prepared. And be prepared to pivot. So that's all.
- 53:12Speaker 2: You got to constantly know you're going to stay stagnant.
- 53:16Speaker 2: So we just constantly trying to reinvent ourselves. There's some
- 53:19Speaker 2: things that I don't want to discuss that we got
- 53:21Speaker 2: going on that we trying to do. Until it comes
- 53:25Speaker 2: into fruition. During the pandemic, the people was talking about, oh,
- 53:30Speaker 2: you got to be outside and things like that. So
- 53:32Speaker 2: we created a bookmobile and we go to schools and
- 53:36Speaker 2: we put on book fairs at schools and we take
- 53:38Speaker 2: the books and bring authors and we try to make
- 53:42Speaker 2: reading fun. And I ask them all the time. I say,
- 53:46Speaker 2: who likes to read? Not a lot of people raise
- 53:49Speaker 2: their hand. Reading. It's fundamental, but at the same time,
- 53:53Speaker 2: it's so important. It's so important. And our kids, we
- 53:56Speaker 2: got to find a way to make it exciting because
- 54:00Speaker 2: it's a lot of distractions. Social media is a big
- 54:02Speaker 2: part of it. And so we got to find a
- 54:05Speaker 2: way to educate the next generation. Remember, 100 children are 100%
- 54:08Speaker 2: of the future. And children, right now, we have to
- 54:12Speaker 2: invest in them to take over from us. And so
- 54:14Speaker 2: we want to see a transition. We want to see
- 54:18Speaker 2: generational wealth. But we don't want them to start on
- 54:21Speaker 2: the bottom every time. No. We want them near her
- 54:23Speaker 2: or something. So we got to reach the youth and
- 54:27Speaker 2: the young in order to make sure that we're making
- 54:29Speaker 2: a smooth transition to our future.
- 54:32Speaker 1: I love that.
- 54:33Speaker 2: I love that. A little bit of more mayonnaise, salt
- 54:38Speaker 2: and pepper.
- 54:39Speaker 1: I feel like it was the mayo. It was the
- 54:41Speaker 1: mayo that was kind of like.
- 54:42Speaker 2: Yeah.
- 54:43Speaker 1: Should have just. you needed one of those not one
- 54:47Speaker 1: of those the ones that you scoop in and dab
- 54:49Speaker 1: it what are your top three books that you is
- 54:55Speaker 1: I have a book in my arsenal that I always
- 54:56Speaker 1: recommend but what are like the top three books that
- 54:59Speaker 1: you'd recommend to just anybody as far.
- 55:02Speaker 2: As you.
- 55:04Speaker 1: Number one is Powernomics Powernomics by Dr.
- 55:08Speaker 2: Claude Anderson which is a book that focused on economics.
- 55:14Speaker 2: It's the blueprint for Black America for economic empowerment. And
- 55:20Speaker 2: that's why, because that's what we, listen, financial literacy is
- 55:24Speaker 2: the number one civil rights issue today. Anything else is
- 55:28Speaker 2: just a distraction. America was built on economics.
- 55:35Speaker 1: Power economics.
- 55:37Speaker 2: Power. So that's number one.
- 55:38Speaker 1: And the author is?
- 55:39Speaker 2: Dr. Claude Anderson.
- 55:40Speaker 1: Okay. And what's the next one?
- 55:41Speaker 2: And the next one, I will say is Who Moved
- 55:45Speaker 2: My Cheese? It's a simple read. Why? Because sometimes we
- 55:48Speaker 2: gotta make things simple.
- 55:49Speaker 1: I need to read that book again. But yes, it's
- 55:52Speaker 1: a very, yeah.
- 55:52Speaker 2: Who Moved My Cheese, simple book. It's not a black author,
- 55:55Speaker 2: but it's a powerful book. And a lot of us
- 55:58Speaker 2: gotta change in order to grow. Change your thoughts, change
- 56:01Speaker 2: your mind. And then the next one, I will say
- 56:05Speaker 2: Think and Grow Rich, A Black Choice by Dennis Kimball.
- 56:09Speaker 1: Think and Grow Rich, A Black Choice.
- 56:11Speaker 2: Yes, by Dennis Kimball. And the reason why, because all
- 56:16Speaker 2: of those books help you. It's all about the mindset
- 56:20Speaker 2: to change the way we think and view life. And
- 56:23Speaker 2: so I would say those are my three. But I
- 56:27Speaker 2: would say the fourth one is, I would say, The
- 56:29Speaker 2: Message to the Black Man by the Most Honorable Elijah Muhammad.
- 56:33Speaker 2: I got to give him credit and props because he's
- 56:35Speaker 2: the father of black nationalism. And the book, to me,
- 56:38Speaker 2: is not about religion. It's just do for self or
- 56:41Speaker 2: suffer the consequences.
- 56:42Speaker 1: Wait, say that again?
- 56:44Speaker 2: To me, the book is simply in a narrative. It's
- 56:47Speaker 2: do for self or suffer the consequences.
- 56:49Speaker 1: Do for self or suffer the consequences.
- 56:52Speaker 2: When you neglect to do what's in your best interest,
- 56:54Speaker 2: you suffer the consequence. See, take for instance, see all
- 56:58Speaker 2: the social injustices that occur? And then we are outraged,
- 57:03Speaker 2: but we're not outraged when black on black go down.
- 57:07Speaker 2: Nobody's talking about all the black on black crime, black
- 57:11Speaker 2: on black murder. There's no outrage. And so if you
- 57:15Speaker 2: don't change that within your own community yourselves, then why
- 57:21Speaker 2: would somebody outside your community stop killing you? Because they
- 57:25Speaker 2: don't see you respecting yourself. Blue on black only happens
- 57:29Speaker 2: because black on black don't do nothing about black on black.
- 57:32Speaker 2: Then that's how I see it. Is that once you
- 57:35Speaker 2: stop the killing in the hood amongst us and backstabbing
- 57:38Speaker 2: and the cheating and the lack of moral ethics, then
- 57:42Speaker 2: you see a transformation because it's mindset. Life is precious.
- 57:46Speaker 2: Dennis Kimball said, and they can grow rich, a black choice,
- 57:51Speaker 2: scientists study, how much is a human worth? That's a
- 57:56Speaker 2: question I'm asking you. How much is one human worth?
- 57:59Speaker 1: I actually don't know.
- 58:00Speaker 2: Start with yourself. How much you think you worth? What's
- 58:04Speaker 2: your value?
- 58:07Speaker 1: This is so terrible because I actually don't, I don't know.
- 58:11Speaker 1: I wouldn't even know where to begin.
- 58:12Speaker 2: Some people will calculate body parts. How much is on
- 58:15Speaker 2: the heart worth, a liver worth, all right? And that
- 58:19Speaker 2: still won't cut it, Dennis Kimball said in Think and
- 58:22Speaker 2: Grow Rich. You're worth billions of dollars. You know why?
- 58:26Speaker 2: Because you're atomic and one human body can run a
- 58:29Speaker 2: city A major city for almost six months based on
- 58:33Speaker 2: the energy it generates. He broke it down in there.
- 58:36Speaker 2: How valuable life is that we take for granted. We
- 58:40Speaker 2: don't see value in each other. So therefore, I don't
- 58:44Speaker 2: see you worth billions. Without you, we lose billions. Wow.
- 58:50Speaker 2: And he broke that down in that because it's the
- 58:52Speaker 2: way we don't view life as much of nothing. I'm
- 58:56Speaker 2: constantly like, if I see Lord, why kill it? I'll
- 58:59Speaker 2: just move it to another place. Because life is perfect.
- 59:01Speaker 2: There's a whole lot of space, but there ain't a
- 59:03Speaker 2: whole lot of life. And we killing life like it
- 59:05Speaker 2: don't matter. So.
- 59:09Speaker 1: I never thought of it like that. i was at
- 59:10Speaker 1: the statue of liberty and i was actually thinking and
- 59:13Speaker 1: even if you're i was in new york and i
- 59:15Speaker 1: was telling my daughter people got together and built a
- 59:18Speaker 1: whole subway system even like how we get around in
- 59:22Speaker 1: new york now i remember it was not you could
- 59:24Speaker 1: just punch in on your phone and get direction you
- 59:26Speaker 1: had to really figure it out. And I was like, wow,
- 59:29Speaker 1: the human race to be able to design and build
- 59:31Speaker 1: all these things and the engineering that goes behind it.
- 59:34Speaker 1: And I was actually thinking about it. I was like,
- 59:37Speaker 1: that's crazy that we did that.
- 59:40Speaker 2: And that's the power of the mind. It's incredible. You
- 59:44Speaker 2: know how much organizational skills you have to deliver mail
- 59:48Speaker 2: six days a week to every address in America? From
- 59:53Speaker 2: one coast to the next. And deliver mail six days
- 59:57Speaker 2: a week. It takes an extraordinary amount of organization. But
- 1:00:01Speaker 2: that's what we are. We're organized. That's why it's called organs.
- 1:00:04Speaker 2: They work together. So human beings, they're second to none.
- 1:00:10Speaker 2: And we have to use our minds in order to
- 1:00:13Speaker 2: get to the next level that we need to get.
- 1:00:15Speaker 2: And we can't do that unless we work together because
- 1:00:18Speaker 2: humans are meant to work together. But no, it's fascinating.
- 1:00:20Speaker 2: But it's math. It's math. That's the thing. People come
- 1:00:24Speaker 2: in and say, man, I got this going on, got
- 1:00:26Speaker 2: that going on. I say, brother, check your formula. What
- 1:00:29Speaker 2: you talking about? Brother, life ain't nothing but a math problem,
- 1:00:33Speaker 2: a formula. You need to eliminate some of them things
- 1:00:35Speaker 2: out your equation so you can have success.
- 1:00:38Speaker 1: Wow.
- 1:00:39Speaker 2: Because it's actions, and actions have consequences. Once again, it's
- 1:00:44Speaker 2: just mindset. Life is nothing but a word problem. It's
- 1:00:47Speaker 2: the sum total of all the decisions that you're going
- 1:00:50Speaker 2: to make. You make better ones, you get a better outcome.
- 1:00:55Speaker 2: You make poor ones, then you make... A poor outcome.
- 1:00:58Speaker 2: There you go. See? Wow.
- 1:01:01Speaker 1: Thank you so much for taking time out your schedule to...
- 1:01:05Speaker 1: I know this was the random request of the day
- 1:01:07Speaker 1: this morning when I was trying to... I was like,
- 1:01:10Speaker 1: oh man, I have to explain. He has to cook
- 1:01:13Speaker 1: this broke dish. But thank you so much for taking
- 1:01:16Speaker 1: time out your schedule and coming to bless us with
- 1:01:18Speaker 1: your energy, your space, your knowledge, your wisdom. your story,
- 1:01:23Speaker 1: and the food, I would rate it as a survival dish, y'all.
- 1:01:27Speaker 1: It will fill your belly on a budget. Malik did
- 1:01:30Speaker 1: a good job. I can't say I would run home
- 1:01:32Speaker 1: and do it, but I can say if the cash
- 1:01:37Speaker 1: flow isn't working right, this is what we're eating.
- 1:01:40Speaker 2: You can eat. You can eat.
- 1:01:42Speaker 1: You can eat.
- 1:01:43Speaker 2: You can eat.
- 1:01:43Speaker 1: Where can everybody keep up with Malik Books events? Obviously,
- 1:01:48Speaker 1: you guys know where to buy some malikbooks.com. And then
- 1:01:51Speaker 1: keep up with you on socials.
- 1:01:53Speaker 2: Definitely. Our social media handle is Malik Books, M-A-L-I-K-B-O-O-K-S. Malik Books.
- 1:02:01Speaker 2: Follow us online. Visit us at the Westville Culver City Mall,
- 1:02:05Speaker 2: Baldwin Hills Crenshaw Mall. And you can email us for
- 1:02:10Speaker 2: any events at malikbooksatatt.net.
- 1:02:15Speaker 1: And then the Bookmobile.
- 1:02:17Speaker 2: For the Bookmobile, yeah, you can reach out to us
- 1:02:20Speaker 2: at our email. Okay. Or call the store. Okay. We
- 1:02:23Speaker 2: got a beautiful staff there. Take your phone number and
- 1:02:25Speaker 2: get it in touch with us. Yes. But that's, stay, hey,
- 1:02:29Speaker 2: you got to follow us because we have a lot
- 1:02:31Speaker 2: of great content and we do a lot of events.
- 1:02:35Speaker 2: We host the who's the who of the who.
- 1:02:39Speaker 1: The who's the who of the who events. And they
- 1:02:41Speaker 1: sell out quick.
- 1:02:42Speaker 2: Yes. Yes.
- 1:02:43Speaker 1: All right, guys. Thanks for tuning in. Peace out.