September 17, 2019 • 33 mins
We're back from our trip to LA in which we got a chance to hear one of the masters of investing, Grant Cardone, have a conversation with up and coming an up and coming artist, Rich the Kid. The topic of the conversation was money, and how artists like RTK should be approaching and thinking about it. This conversation was so impactful I wanted to continue it on the podcast, so Brandon and I sat down and shared what we learned, the questions Grant asked RTK, and the mindset you need in your 20s to set yourself (and your family) up for a prosperous future!
What are you doing now in your 20s to make sure you have the wealth you will need in the future? Let us know in comments!
Mentioned in the episode:
The Millionaire Booklet
https://millionairebooklet.com/free
Rich the Kid (on YouTube)
https://www.youtube.com/user/blackboydakid
Rich the Kid (Spotify)
https://open.spotify.com/artist/1pPmIToKXyGdsCF6LmqLmI?si=ne7w6-tcRZOaohs8S7CM8g
See omnystudio.com/listener for privacy information.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:03):
Hello hello hello. Are you micromanaging me right now Just do something fun .
Like what? Why don't you introduce the show.
Speaker 2 (00:10):
Hey everbody its Brandon Dawson and Natalie workman for the
Age Gap Realness podcast. What's the podcast called?
Speaker 1 (00:19):
Age Gap Realness with Natalie Workman.. He is micromanaging me so you'd what
don't you like that I do. I love everything you do.
You know how I just open the podcast normally. You
didn't open it. No you just told me what I
shouldn't do when I open it.
Speaker 2 (00:33):
Well do what you normally do when you open it.
Speaker 3 (00:35):
Sometimes I do it different.
Speaker 4 (00:36):
I don't know what you normally do. Well he doesn't
like that I do as well. Welcome. Welcome. Well yeah.
Speaker 5 (00:43):
He doesn't like it when I say the same word
three times or hello hello hello hello hello hello welcome
to the age gap realest podcast with Natalie Workman and
my guest the famous Brandon Dawson seat.
Speaker 6 (00:58):
I don't understand why you're being so rude I introduce
you so nicely I make you seem like a big
wheel you hear my squeaky chair.
Speaker 7 (01:04):
Oh gosh here we start. He was going on here
starting off talking about the squeaky chair. All right. This
should be a great show we had a great week
in L.A..
Speaker 4 (01:16):
What a great week in L.A..
Speaker 8 (01:17):
Last week we talked to a little bit and teased
you guys about our conversation with Rich the Kid talking
about money and "Young Money" and how you continue to
have money and allow it to grow to where you
actually use it to create wealth over your lifetime instead
of just blowing it on three things. Actually I want
(01:37):
to write down three things remember the three things that
he said most rappers blow their money on.
Speaker 9 (01:43):
Most rappers, according to Rich the Kid, blow their money on drugs, jewelery.
Speaker 10 (01:47):
And it's jewelry drugs. He said two things.
Speaker 3 (01:52):
And then he said and cars. Jewelry drugs and cars and I
said to Brandon I didn't know that drugs cost money. And then he threw
women in there.
Speaker 10 (01:59):
So no I don't think you did it. No I
think that I remember that part but I don't know
that drugs like me I could use it. Education clearly.
But I like drugs are expensive apparently. Who knew what
kind of drugs are expensive.
Speaker 5 (02:12):
I don't know but I think I think. Have you
ever watched it. But honestly I know why you don't
know what drugs cost why because you refuse to watch
any of the drug movies with me. That's true. So
you don't know. I don't know. Yeah. All that stuff
you don't know. But I assume drugs cost a lot
of money considering there's been empires built and demolished over
(02:36):
and countries how much they cost because it seems like
it's so prevalent in the world.
Speaker 3 (02:41):
I just assumed I guess it's kind of like alcohol.
I have to tell you I was shocked when I
turned 21 that alcohol sometimes costs more than your food
like it blew my mind you go to a restaurant.
A drink is 15 dollars and a burger is ten
and you're like Holy crap I just spent twenty five
dollars on a dinner where 15 of it was because
(03:03):
I had one drink not even two drinks one. This
is what happens when you shield your kids for me
I was so blown away. It's like why do people
pay for that. I honestly thought that why would somebody
pay to drink alcohol so expensive. All right. So I
don't realize drugs cost money.
Speaker 4 (03:19):
Getting back to money. These are things to learn when
you're when you don't have money. Don't spend money on
stupid things like drinks even when you do have money.
Speaker 5 (03:27):
Don't spend money. I mean we.
Speaker 10 (03:29):
We buy. Yeah that's true. But like we we buy
drinks at restaurants like we're not worried about that. You
just kind of countered my point right there. That's just
me or people interested at this point. No I'm not
way off topic. I think I'm right on topic. You're
talking about don't do drugs don't buy jewelry and don't
do drugs because they cost a lot of money.
Speaker 2 (03:48):
Don't do drugs because they're not good for you and
all of the above.
Speaker 4 (03:51):
And they cost a lot of money. But we're talking
about money mindset the only reason that were in Young
Money mindset. The only reason we're talking about this in
the context of money not health.
Speaker 10 (04:00):
I can go off about why health reasons show that
you shouldn't do drugs but I'm sure.
Speaker 4 (04:06):
I'm sure that you could migrant my grandma my fair
person on the planet died from secondhand smoke. I hate
smoke like cigarettes and all that stuff. I think I'm
a very young age. I was very disturbed about how
my grandma died.
Speaker 11 (04:21):
And yet it was I don't know mean they're either
nasty situation my grandpa and grandma died of what he
called asthma or were Zima emphysema.
Speaker 9 (04:32):
And it was horrible. So this episode is maybe one
the 80s well. Yeah. So what's this episode on. I'm confused.
Speaker 10 (04:40):
This episode is on the conversation that we had with
rich the kid about money. The good questions he was
asking where he wants to take his life and how
to make money work for you.
Speaker 9 (04:53):
So here's I did. And genius is giving him this advice. Yeah.
So first of all I thinking and I think it's
I think him reaching out and asking if he could
come sit down and talk to Grant.
Speaker 12 (05:05):
Yes to get guidance and advice on now that his
career is doing well and he's starting to build his
own empire. You know how should he be thinking about
his money and getting his money right. And Grant gave
some some really good I mean we are just very
fortunate to be there as well.
Speaker 13 (05:26):
Conversation on this very specific points. And I think you
and I came off that and you're like you know
what my audience I'd love to share this content with
my on it.
Speaker 14 (05:34):
Yeah. Because he's in his 20s think he's twenty five
point seven. No he's not older than me. He's 27.
OK here. Twenty seven this week. That was the other guy.
That was him. OK. See you got your facts wrong.
Why I thought this was relevant to my audience is
in your 20s if you have a lot of money
or if you don't have a lot of money no
matter the situation you should be asking these questions you
(05:57):
should be going through this process of studying and finding
people who.
Speaker 4 (06:01):
Did figure it out who have figured out or who
have made mistakes and what can you do differently in
order set yourself up to set your family up to
set the people around you up for success when you're
when you're older in life.
Speaker 15 (06:13):
Because one of the points that we're going to get
to is a talent goes away like Brandon's ability to
be a phenomenal business person will eventually go away when
he's 85 years old. My guess is you're not going
to want to be showing up to meetings and building
businesses in the same way that you do now and
you are setting your life up to be able to
(06:33):
do that with you even if I want even if
I want to do that it doesn't set up everyone
else I love in my family because as soon as
it is everything everything would go away.
Speaker 6 (06:43):
It would all be chemo independent if Bruno was spending
all the money that he was getting I would grant
call that money stupid money.
Speaker 5 (06:50):
No no no no. If you if you're required to
show up in the first money.
Speaker 10 (06:56):
Oh yeah. First money. What like income income.
Speaker 13 (07:00):
Yeah. So first money it's like you got to do
something to get it.
Speaker 4 (07:03):
Yeah. You have to be in a space at a
certain amount of time for a certain amount of time
in order to get paid whether it's a speaking engagement
whether it's your 9:00 to 5:00 session you're a musician
you have to show up and you have to be
recording something like for the money that you make when
you show up for something you should never ever spend
that money the money that you should spend and that
(07:24):
you should be living off of is the second money.
So the money that either makes money off of that
first money. So if you're investing in real estate you're
investing in the stock market whatever your investments are or
if you have a second flow of income that is
established after you've created your first money or your primary income.
Speaker 5 (07:42):
And to be clear Grant doesn't them the stock market
doesn't give you that right. It's too volatile and it's
not dependable and it doesn't create. I wasn't going to
get there. Some people had their investments. No no. I know.
So I got them before you did. So what he's
saying is your second money should produce the income. Yes.
So it has to be something that generates income. Your
second money should generate the income that you can live
(08:04):
passively on your first money should be the fuel. The
second money. Right. And that's the mistake. And in particular
you asked this. He asked this guy a question. He
said Do you want to be 70 and still having
to go to all the different places and hotels and
casinos the Hard Rock.
Speaker 6 (08:22):
Do you want to be performing when you're 70 years
old because you have to show up to make money
at the Hard Rock because you never created talent and
your talent will run out. It will happen and your
position is whatever it is you will die even if
you're talented until you die and still showing up and
people are paying you to exchange some service. You still
(08:43):
with the money that you have made you can still
multiply it so you don't have to continue to show
up you want to put yourself in that position. You
don't work a 9:00 to 5:00 everyday. Grant doesn't work
9:00 to 5:00 every day because you've moved past being
able to have to do that. You make a lot
of money from what you do show up. But you
also have passive income. And so the point with people
who are young here is when you first find yourself
(09:06):
getting into even a little bit of money you find
your first five grand. You've got your. You're into it
maybe you get a tax return for a thousand bucks
like start thinking about not spending that money and not
saving it not putting in a savings account. That was
my other thing. That was another big takeaway is you
don't save it. Think of your mindset as preparing that
(09:27):
money to use. So never say oh I'm saving this money.
You're preparing to use it and deploy it in a
way where it will make money for you. Don't don't
save money saving money and thinking that you're going to
be able to have enough store up enough it will
never be enough. If you're not confident in your ability
to put it in things that will allow it to
multiply that will allow it to grow.
Speaker 14 (09:48):
That's right. It's like it's such a it's I know
people in their 50s 60s 70s think about this stuff
because there's time there.
Speaker 4 (09:59):
But young people I I never have. That's the problem with.
Speaker 13 (10:03):
We know a lot of people that are in their
60s and 70s that still think I need Jesus work
another three to five years because I don't actually have
enough money stored up because you never have enough money
stored up.
Speaker 16 (10:13):
Grant talked about what he called board money or his
board money was he saying it he sits on about
board money.
Speaker 4 (10:21):
We're like butchering these quotes right now. Yeah I know.
Speaker 13 (10:25):
Word money gets you you would not to add value
though because if it's sitting around you're going to spend it.
And so use. You think you store it and store
it and store it but you never have enough. And
then when you do store enough you go buy something
a car jewelry or a house shoes and you just
keep committing an obligating yourself deeper and deeper and deeper versus.
Imagine if you spent the first 15 years living lean
(10:48):
and just pack and put your money into income producing
things income producing things not saving your money not saving
it not thinking Oh I just need to have all
of this. Like not even investing in the stock market.
Like income producing. So that it's driving a 3 4
5 percent per year income but it's compounding. And so
when when you do the math if you in fact
(11:11):
he's got some guys working for him that are you
know thirty four thirty five thirty six thirty seven they've
worked with him now ten twelve years have they're getting
four thousand bucks a month of passive income up to
one guy's getting two hundred thousand dollars a year in
passive income because he's been put in everything that he
makes over and above what he needs to live on
and things that are creating passive income.
Speaker 4 (11:33):
And I think the whole story here is about putting
an end to passive income not storing cash not saving
cash before even getting to that point though I think
it's asking the question and starting to think about it
in your 20s. How do people create wealth. Like when
you just sit with that for say without for a
(11:54):
week for the next week think about and look around
who is in your life now but who is around
in media who is around on social media that has
actually created wealth.
Speaker 15 (12:07):
And how did they go about doing it like study
how they do it.
Speaker 2 (12:11):
You don't just watch them on social media. There are
so many personalities out there that are so full of
shit that are creating their wealth type point they're creating
their wealth by getting other people to give them their money.
Yeah you don't like the cars and that like actual
true true true true wealth. How the question is social media.
The question is Who are the examples of the people
(12:34):
that have created true wealth and how have they done it.
How are they doing. Where are the banks putting their money.
The banks the big banks are putting their money in
real estate. All the people they have created true wealth
have money in real estate. Why. Because it's the most
predictable wealth generating vehicle that there is out there especially
multi-family or I'm big into mini storages because you can
(12:58):
diversify over lots and lots and lots of units right.
Speaker 4 (13:02):
But find out how people create wealth and study ask
yourself what does longterm wealth look like entering will entirely
flip your perspective on how you spend your time and
where you spend your money and how you're able to
maximize those things so you don't have to spend your
time making money because then you're 60 years old but
life goes by your 60 years old you're still working
(13:23):
for another 10 years because you haven't put enough money
that's generating of income that can sustain your life.
Speaker 13 (13:28):
So you just keep getting trapped and I think you
know I've seen this a lot. Business owners in the
last three four five years building their business the implication
is they think oh now I'm going to try to
sell my business for another five or 10 years of
income because I haven't really saved and then they go
to sell their business and they get four times their
income and then they're like What am I going to
do after that. Now I'm going to make this money
(13:49):
work and then they really become fearful because they gave
up their income source. They've limited. They only have a
certain amount of income and now it's like how do
I make this last the rest of my life and
everything goes minimalistic. Whereas if you treated yourself like that
at the beginning I'm going to be minimalistic and I'm
going to put all my money away for the first
10 years.
Speaker 4 (14:08):
It's hard to do that right. The reason people don't
do that is because there are other things that look
like wealth or make you look wealthy that you put
your money into and then all of a sudden you're
wasting it on things that make you look wealthy instead
of actually creating wealth. The bags the shoes the watches
the jewel the bigger house cars the bigger house everything
(14:30):
and what I've learned too is as you make more
money as you're a you have access as I've started
getting access to more money.
Speaker 10 (14:40):
Everything becomes more expensive like I I used to buy
orange goes up.
Speaker 4 (14:45):
But it's not just it's not just the bag or
the piece of furniture it's like my socks are more
expensive my shampoo and conditioner is more expensive everything heightens up.
It's not just the one thing. And so if you
can be disciplined in not allowing those things to go
up still still be OK with the things that you
(15:06):
have and the way that you're living now and not
take that as a sign of being held back but
be smart about putting your real money that you're making
to the side and be able to live at your
means and continue to do that treat yourself every once
in a while but like don't let everything else heighten
as you start to make and grow in your career
in your early 20s because most most people we talked
(15:28):
about the statistic about a month ago on the podcast
I need to double check it but it's like 85
or 80 percent of the income increase happens in your 20s.
So that's the time to start putting these principles in
your place like in your 20s it doesn't get it's
not going to happen later that that curve doesn't continue
(15:48):
to go up for the average person. It goes up
for your 20s and then it levels off.
Speaker 5 (15:54):
Well then you start having kids and you start having
houses and you start all seeing your expenses go dynamically
up but I think a couple points here which is
it isn't about the minimalistic side it's more about the
discipline side. Like take a percentage of your money put
it away discipline yourself to put it away for your
(16:15):
long term perspective and put it in the right things.
You know what I think I've had a fall on
K for my whole career. I'm 51 years old and
there was a point where I was just putting as
much as I could max out into the fall in
Kenya because that's what everybody says. That's why I wrote
that for Owen K. over the last 30 years I've
put in like two hundred and eighty thousand bucks right.
(16:38):
It's worth three hundred and ten thousand like it's because
it just is just such a B.S. investment vehicle. Everyone's
like tells you to do it. I mean I get
no income out of the 4 1 k at least
if I was getting 5 percent a year on three
hundred grand. Like I'd be getting fifteen thousand a year
that I could invest then in the stock market that
second money right. It's not my primary or I could
(16:59):
live on it.
Speaker 13 (17:00):
But the point is that people the whole are here
is learning what to do with your money where to
put your money and what you want your money to
do for you and you need to treat that like
you're treating your career your business. And the sooner you
start the less pressure you have in the future because
you can start living on Second money instead of first
money and when you don't need your first money the
(17:22):
that the money has to come in to pay the
bills as you're adding complexity and expense to your life
with more people you're responsible for more things that you're
buying bigger things that you're buying more shiny things that
you're buying and then all of a sudden your money
is going to those things but they're not going to
something that's going to give you freedom in the future.
I think listening that conversation with Grant and and this
(17:44):
young guy and giving and being respectful the fact that
he was smart enough to seek grant out to get
this guidance like I really respect the fact he's like
dude I'm making a lot of money now I wanted
to fuck it I don't want to mess it up
I want to do the right things with my money
and I need to go to the people that I
can trust that obviously are giving guidance and advice in
(18:04):
this area and have been successful and so he sort
grant out.
Speaker 5 (18:09):
What are your six points. I noticed you have some
bullet points here.
Speaker 4 (18:12):
Should you have run through do have some bullet points
but you were just making me think of one of
the other principles with money is not thinking a lot
of people say oh we'll stop buying Starbucks or what
does it pump air in your tires extra air in
order to save gas money. And it's like sure you
(18:32):
can do those things you absolutely can do those things
but that is not going to create wealth for you
like don't. Inhibit yourself so much to think that you're
going to save like with your 4 or 1 k
over the lifetime of your career you've made would you
say 80 grand. Yes. No not v investment. So instead
(18:55):
of being able to put it up toward something that
was actually making money in the same vein I don't
think oh I'm going to become wealthy or it's a
wealthy mindset to not buy Starbucks in the morning like
if you can't afford to buy Starbucks don't buy Starbucks.
But that's not equally what's going to make you wealthy.
Speaker 17 (19:11):
You know other points.
Speaker 8 (19:15):
What was one eye as you were talking I was
thinking of another thing that I want you.
Speaker 9 (19:20):
Let's get started. I started already saying no not telling
me to go over my notes. Oh well I just
feel like we're kind of all over the board on this.
So I was trying to do some don't you think
don't choose to feel that way okay. The first piece
of good news is we have a world class editor
that we don't need to edit any I know you
never edit these I know you're just because you're getting
and chickens over there.
Speaker 14 (19:40):
I too much coffee. Just give me one second. Make
some faces to the camera because I was thinking of
something that was really good. This is an audio show.
Well then make some funny noises.
Speaker 5 (19:52):
Mo money more money. Yo Honey more money second flow
is better than first. Yo money. Remember what I was
going to say. I don't know. You sure look good though.
Did I tell everybody how amazing you look right now.
You look amazing. Tell me more.
Speaker 11 (20:11):
Gorgeous smart Yes and very intelligent. Thank you.
Speaker 9 (20:22):
And a dangerous cunning way like when you tricked me.
Oh my suit. Oh I know what it was. I
know what it was coming. Oh don't forget. Write it down. OK.
Oh shit. She lost it again.
Speaker 10 (20:37):
Oh with the conversation with Richie the kid rich the kid.
Grant said and asked Rich a very specific question. And
he said if all the money that you currently have
saved and for the audio people I just put quotations
around that for the money you have saved them like
(20:57):
their cushion your net your nest egg. If that was
to go away tomorrow what would you do. We got
all distracted. Somebody said something. The view was great. And
then Grant came back to that question. He said it's
the question What would you do tomorrow if all your
money went away. And he said I'd pick up a
(21:18):
show tonight and the perspective of once you have it.
Speaker 4 (21:23):
And once you're comfortable you don't do the same things
that you don't push. In order to get it to
begin with like what he was saying is you need
to use you circulate that money out of your game
that matter you're out of your ability to be comfortable
so that you're still hustling the same way that you
did in order to get the money to begin with
to try and work hard he agreed he could do
(21:45):
a lot more.
Speaker 11 (21:48):
He could push harder and do a lot more and
make a lot more. And that was Grant's point.
Speaker 12 (21:53):
You feel comfortable so you've let off the accelerator and
yet you're in your mid twenties. What if you hammer
the accelerator for 10 years and put all that money
into income producing property and the other thing I want
to say is he started rattling off areas that he
was thinking maybe buying properties and several grants like no
you don't want to buy property in those areas because
(22:13):
of all the requirements and the the the rights of
the people that live there you know not having to
move out and all that stuff. So this is not
just a go pick some vehicle and indiscriminately you know
invest your money.
Speaker 5 (22:26):
It's I think that thesis or the no no don't
wrap it up I don't I'm not. I'm just saying
I want to make sure that I make this statement
for people let's hear what is the state making an
educated decision study based on a series of facts and
then asking really good questions the quality of your long
term outcome will be based on the quality of your
questions not only the questions but who you're asking the
(22:47):
questions of. So just as as a as a tidbit
of information there tidbit tidbit. Do your homework. Mm hmm.
Speaker 4 (22:55):
One thing that I so appreciate about people who are
in the hip hop world who are crushing it like
Travis Scott when he came through he came to Portland
back in December and I was so bummed because we
were traveling on the dates that he was here. We
had some prior comment and then can you agree on that.
Let me finish my story. Oh goodness look. What. What
(23:18):
did he do. He came back like a month later.
I was so bummed we're missing this concert. And then
I got another notification on our calendar that there was
a Travis Scott concert. It's like no you've got this wrong.
He was just here like a week ago and she
said no. He scheduled dates at the end of January.
Speaker 15 (23:35):
He came back to Portland Oregon Travis Scott does not
want to be coming to Portland Oregon two times within
a month and a half. He's doing that because he
knows that the hype is now he knows that if
he grinds now this is the opportunity he's not he's
not off on vacation. I'm sure he takes vacations but
he is like leaning all in to the moments into
(23:56):
the things that he has in front of him instead
of just assuming that he's always going to have the shot.
And I don't know if that's Kris Jenner pushing him
or who is giving him excellent advice. Yeah there's a
family of a lot of really good entrepreneurs but like
he is pushing and then he just came out with
his Netflix documentary. Look Mom I can fly. It's just
like that is the type of mentality of just continuing
(24:17):
to push. I'm sure he's made money but he's also
pushing to make more and doing the same things that
he did when he was having shows of 12 people
and now they're all sold out in huge stadiums globally.
Speaker 5 (24:30):
Globally world domination I love that world domination world domination
man we are going on a world domination to bring
education value and excitement. So what's next for you. We
are here this week lots podcast lots of interviews getting
(24:52):
some businesses close to start putting on our platform which
I'm really excited about.
Speaker 13 (24:56):
Big businesses big brands the traction we're getting is it
has been phenomenal. We've got about 50 different businesses in
our pipeline right now that we're working with which is
exciting as you know. And then we're heading off to
Miami where we have a Text 360 program with hundred
and twenty five businesses doing close to two hundred and
(25:16):
seventy million in revenue for our two day program and
then we had to add just like you're Travis Scott
example we added 1 2 weeks later because we're over.
Speaker 5 (25:26):
We overfilled that that program so great problems to have.
Yeah I love it. We're just all out massive ocean
and bringing as much value to people as we can
possibly bring because that's the side of the equation the
more value you bring to people the more those people
will advocate you and tell people why and how you
helped them succeed them the more you get to do
(25:49):
gotta be in love with what you do when you're
in love with what you do and who you get
to do it oh we love getting to do things together.
Speaker 8 (25:56):
That's our dream world. This is the world that we
dreamed up and we are executing on not only do
we dream up the world.
Speaker 5 (26:03):
Anybody who's listen to the show knows that the whole
idea of the show was age gap relationships and realness.
And here we just got back from L.A. where we
had like a phenomenal dinner with dear friends like people
we love and everyone at the table halfway through dinner
(26:23):
realized that everyone at the table was an age gap.
Speaker 7 (26:26):
It was an age gap really and just had different
perspectives on it just looked at all of it in
in different ways than we do.
Speaker 8 (26:33):
But it was it was pretty cool to share those
stories and talk to people where there's a real need
of talking points and those people been together a long time.
Speaker 13 (26:45):
It's not like their new relationships. And so we have
manifested intentionally but we didn't we didn't go. We didn't
sit there going Hey we manifest. It's just that we
have manifested in our life the kind of people we
want to be around people that we can add value
to their lives they add value to our lives.
Speaker 16 (27:03):
It was just an amazing dinner because we walked out
of there thinking we've manifested the right kind of people.
Speaker 5 (27:11):
People that we can associate and affiliate and understand and love.
And it was just it was an amazing evening. It
wasn't me that evening. Not to mention I was on
the front page of all the newspapers all over the
world with a new girlfriend. And my first paparazzi experience.
I thought they were there for you. Little did I
(27:32):
know they were there to see me.
Speaker 8 (27:35):
But no we've created this world we very intentionally created
this world. A big piece of this world and us
getting this confidence is figuring out how to get money
right in our own mindset around money right to be
able to have opportunities to create more abundance for everybody
around us for the businesses that work with us for
ourselves for our friends for the people that work with us.
(27:57):
And that has been a catalyst for everything else in
our life going the direction that we needed it to.
Like it's the thing that you don't pay attention to
for a while.
Speaker 10 (28:07):
Once you start paying attention to him and work it
out it's amazing how things come together around it.
Speaker 13 (28:15):
Yeah. Yeah. It's a power of intentionality and it's easy
for people to say oh well that's because Brandon sold
his business. But the fact is.
Speaker 5 (28:23):
Had I not been for the last 30 years making
money buying real estate putting myself in a position where
I didn't feel the pressure a couple of times when
the business sale was going to fall through it would
have been really easy if if I depended on the
income from the business it would've been really easy to
say I'll just I'll just retreat and I'll just keep
(28:44):
my business the way it is and not end up
selling it because selling your business is not easy. And
if if if I was like desperate that I had
to sell it in order to live and I didn't
have my real estate and I didn't have the confidence
I could generate lots of income at certain points in
the process of the sales process I would've retreated back
(29:04):
which I see a lot of business owners do that
because they don't have a backup plan. So they're like
well the income I make off my business I can't
really give that up. And if I can't get the
number I want for it then I guess I'll just
keep working and they just keep trapping themselves over and
over and over. So I'm making sure that you put
yourself in a position whatever that looks like for long
term financial freedom. So you're not every day you're not
(29:26):
having to show up and grind. And then when something
amazing happens you take advantage of it because you have
the confidence take advantage of it.
Speaker 8 (29:33):
And I love learning these things at my age to
be able to set up the framework for the rest
of our life. And I think it's just easy to
get scared about money if you don't know about money
if your parents never talked about it. If the people
in your atmosphere and your environment aren't teaching you how
to look at it properly aren't having these conversations if
you don't have insight into the type of conversations like this.
(29:57):
They're out there like you can find them. But I
would encourage you to listen to not only this podcast
but listen to other content where it's good information it's
right information because I guarantee you when you figure this
out and if it's something that you're currently scared about
or you just don't have a lot of clarity into
how to create it for yourself you're going to be
(30:18):
nervous in other areas of life too. It's not just
it's not just about the money it's the confidence that
it brings for you to be able to have all
sorts of conversations and interactions with people that will enrich
your life.
Speaker 5 (30:30):
You know I just had a thought. What was your thought.
I love it when you have thoughts. Grant did a
whole series on this money thing like he's got tons
of videos and yeah. And I watched all of his
on court on you. Yeah. So he doesn't package for
a thousand. I think he did he offered it last
just for someone it's like a twenty five thousand hour program.
Speaker 12 (30:53):
He offered one of the videos or some or one
of the programs for a thousand bucks and a lot
of people were very excited about it after listening because
it taught him how to think about money.
Speaker 5 (31:01):
You know whoever whoever posts the best comments on this
episode stories about money. Mm hmm. I will gift one
of those programs to whoever gives you the best comments
on on this story. So I will. So you will
pick somebody who gave you a true comment about money
(31:22):
or whatever and you pick somebody and then I will
give them this program and I think the value this
program programs like ten thousand bucks. Yeah and I'll give
a serious program. That's right. So if I put all
the program together it's a ten thousand hour program and
I'll give I'll give it to the person that writes
the best comments their experiences with money or what they
(31:43):
took from this episode. I don't care what they write
as long as it's it's sincere and has some thought
into it.
Speaker 10 (31:49):
Thank you. That's so nice of you.
Speaker 13 (31:53):
Well this whole episode is life changer. That's low money
and how to do it right. And they might as
well hear it from the guy we heard it from hmm.
Speaker 8 (32:01):
He also has a free book called The Millionaire booklet.
Yeah I've read it a couple times read it just
last week. Can you download that gets a free book. Yeah.
Maybe I'll find the link and share it with you
guys and then also how to create wealth and investing
in real estate. That is the very first book that
I read around. What types of real estate investments there
(32:22):
are and how we ultimately that was the first step
of how we ultimately became comfortable looking into into own capital.
And that's been a vehicle that you've chosen to do.
Speaker 13 (32:31):
I've put a lot of money with Grant and I'm
going to put a lot more.
Speaker 14 (32:34):
Yeah. Yeah. Because it's bourbon. So thank you guys for listening.
We will see you all next week.
Speaker 1 (32:41):
Yeah. Great show. Thanks.
Hello hello hello. Are you micromanaging me right now Just do something fun .
Like what? Why don't you introduce the show.
Speaker 2 (00:10):
Hey everbody its Brandon Dawson and Natalie workman for the
Age Gap Realness podcast. What's the podcast called?
Speaker 1 (00:19):
Age Gap Realness with Natalie Workman.. He is micromanaging me so you'd what
don't you like that I do. I love everything you do.
You know how I just open the podcast normally. You
didn't open it. No you just told me what I
shouldn't do when I open it.
Speaker 2 (00:33):
Well do what you normally do when you open it.
Speaker 3 (00:35):
Sometimes I do it different.
Speaker 4 (00:36):
I don't know what you normally do. Well he doesn't
like that I do as well. Welcome. Welcome. Well yeah.
Speaker 5 (00:43):
He doesn't like it when I say the same word
three times or hello hello hello hello hello hello welcome
to the age gap realest podcast with Natalie Workman and
my guest the famous Brandon Dawson seat.
Speaker 6 (00:58):
I don't understand why you're being so rude I introduce
you so nicely I make you seem like a big
wheel you hear my squeaky chair.
Speaker 7 (01:04):
Oh gosh here we start. He was going on here
starting off talking about the squeaky chair. All right. This
should be a great show we had a great week
in L.A..
Speaker 4 (01:16):
What a great week in L.A..
Speaker 8 (01:17):
Last week we talked to a little bit and teased
you guys about our conversation with Rich the Kid talking
about money and "Young Money" and how you continue to
have money and allow it to grow to where you
actually use it to create wealth over your lifetime instead
of just blowing it on three things. Actually I want
(01:37):
to write down three things remember the three things that
he said most rappers blow their money on.
Speaker 9 (01:43):
Most rappers, according to Rich the Kid, blow their money on drugs, jewelery.
Speaker 10 (01:47):
And it's jewelry drugs. He said two things.
Speaker 3 (01:52):
And then he said and cars. Jewelry drugs and cars and I
said to Brandon I didn't know that drugs cost money. And then he threw
women in there.
Speaker 10 (01:59):
So no I don't think you did it. No I
think that I remember that part but I don't know
that drugs like me I could use it. Education clearly.
But I like drugs are expensive apparently. Who knew what
kind of drugs are expensive.
Speaker 5 (02:12):
I don't know but I think I think. Have you
ever watched it. But honestly I know why you don't
know what drugs cost why because you refuse to watch
any of the drug movies with me. That's true. So
you don't know. I don't know. Yeah. All that stuff
you don't know. But I assume drugs cost a lot
of money considering there's been empires built and demolished over
(02:36):
and countries how much they cost because it seems like
it's so prevalent in the world.
Speaker 3 (02:41):
I just assumed I guess it's kind of like alcohol.
I have to tell you I was shocked when I
turned 21 that alcohol sometimes costs more than your food
like it blew my mind you go to a restaurant.
A drink is 15 dollars and a burger is ten
and you're like Holy crap I just spent twenty five
dollars on a dinner where 15 of it was because
(03:03):
I had one drink not even two drinks one. This
is what happens when you shield your kids for me
I was so blown away. It's like why do people
pay for that. I honestly thought that why would somebody
pay to drink alcohol so expensive. All right. So I
don't realize drugs cost money.
Speaker 4 (03:19):
Getting back to money. These are things to learn when
you're when you don't have money. Don't spend money on
stupid things like drinks even when you do have money.
Speaker 5 (03:27):
Don't spend money. I mean we.
Speaker 10 (03:29):
We buy. Yeah that's true. But like we we buy
drinks at restaurants like we're not worried about that. You
just kind of countered my point right there. That's just
me or people interested at this point. No I'm not
way off topic. I think I'm right on topic. You're
talking about don't do drugs don't buy jewelry and don't
do drugs because they cost a lot of money.
Speaker 2 (03:48):
Don't do drugs because they're not good for you and
all of the above.
Speaker 4 (03:51):
And they cost a lot of money. But we're talking
about money mindset the only reason that were in Young
Money mindset. The only reason we're talking about this in
the context of money not health.
Speaker 10 (04:00):
I can go off about why health reasons show that
you shouldn't do drugs but I'm sure.
Speaker 4 (04:06):
I'm sure that you could migrant my grandma my fair
person on the planet died from secondhand smoke. I hate
smoke like cigarettes and all that stuff. I think I'm
a very young age. I was very disturbed about how
my grandma died.
Speaker 11 (04:21):
And yet it was I don't know mean they're either
nasty situation my grandpa and grandma died of what he
called asthma or were Zima emphysema.
Speaker 9 (04:32):
And it was horrible. So this episode is maybe one
the 80s well. Yeah. So what's this episode on. I'm confused.
Speaker 10 (04:40):
This episode is on the conversation that we had with
rich the kid about money. The good questions he was
asking where he wants to take his life and how
to make money work for you.
Speaker 9 (04:53):
So here's I did. And genius is giving him this advice. Yeah.
So first of all I thinking and I think it's
I think him reaching out and asking if he could
come sit down and talk to Grant.
Speaker 12 (05:05):
Yes to get guidance and advice on now that his
career is doing well and he's starting to build his
own empire. You know how should he be thinking about
his money and getting his money right. And Grant gave
some some really good I mean we are just very
fortunate to be there as well.
Speaker 13 (05:26):
Conversation on this very specific points. And I think you
and I came off that and you're like you know
what my audience I'd love to share this content with
my on it.
Speaker 14 (05:34):
Yeah. Because he's in his 20s think he's twenty five
point seven. No he's not older than me. He's 27.
OK here. Twenty seven this week. That was the other guy.
That was him. OK. See you got your facts wrong.
Why I thought this was relevant to my audience is
in your 20s if you have a lot of money
or if you don't have a lot of money no
matter the situation you should be asking these questions you
(05:57):
should be going through this process of studying and finding
people who.
Speaker 4 (06:01):
Did figure it out who have figured out or who
have made mistakes and what can you do differently in
order set yourself up to set your family up to
set the people around you up for success when you're
when you're older in life.
Speaker 15 (06:13):
Because one of the points that we're going to get
to is a talent goes away like Brandon's ability to
be a phenomenal business person will eventually go away when
he's 85 years old. My guess is you're not going
to want to be showing up to meetings and building
businesses in the same way that you do now and
you are setting your life up to be able to
(06:33):
do that with you even if I want even if
I want to do that it doesn't set up everyone
else I love in my family because as soon as
it is everything everything would go away.
Speaker 6 (06:43):
It would all be chemo independent if Bruno was spending
all the money that he was getting I would grant
call that money stupid money.
Speaker 5 (06:50):
No no no no. If you if you're required to
show up in the first money.
Speaker 10 (06:56):
Oh yeah. First money. What like income income.
Speaker 13 (07:00):
Yeah. So first money it's like you got to do
something to get it.
Speaker 4 (07:03):
Yeah. You have to be in a space at a
certain amount of time for a certain amount of time
in order to get paid whether it's a speaking engagement
whether it's your 9:00 to 5:00 session you're a musician
you have to show up and you have to be
recording something like for the money that you make when
you show up for something you should never ever spend
that money the money that you should spend and that
(07:24):
you should be living off of is the second money.
So the money that either makes money off of that
first money. So if you're investing in real estate you're
investing in the stock market whatever your investments are or
if you have a second flow of income that is
established after you've created your first money or your primary income.
Speaker 5 (07:42):
And to be clear Grant doesn't them the stock market
doesn't give you that right. It's too volatile and it's
not dependable and it doesn't create. I wasn't going to
get there. Some people had their investments. No no. I know.
So I got them before you did. So what he's
saying is your second money should produce the income. Yes.
So it has to be something that generates income. Your
second money should generate the income that you can live
(08:04):
passively on your first money should be the fuel. The
second money. Right. And that's the mistake. And in particular
you asked this. He asked this guy a question. He
said Do you want to be 70 and still having
to go to all the different places and hotels and
casinos the Hard Rock.
Speaker 6 (08:22):
Do you want to be performing when you're 70 years
old because you have to show up to make money
at the Hard Rock because you never created talent and
your talent will run out. It will happen and your
position is whatever it is you will die even if
you're talented until you die and still showing up and
people are paying you to exchange some service. You still
(08:43):
with the money that you have made you can still
multiply it so you don't have to continue to show
up you want to put yourself in that position. You
don't work a 9:00 to 5:00 everyday. Grant doesn't work
9:00 to 5:00 every day because you've moved past being
able to have to do that. You make a lot
of money from what you do show up. But you
also have passive income. And so the point with people
who are young here is when you first find yourself
(09:06):
getting into even a little bit of money you find
your first five grand. You've got your. You're into it
maybe you get a tax return for a thousand bucks
like start thinking about not spending that money and not
saving it not putting in a savings account. That was
my other thing. That was another big takeaway is you
don't save it. Think of your mindset as preparing that
(09:27):
money to use. So never say oh I'm saving this money.
You're preparing to use it and deploy it in a
way where it will make money for you. Don't don't
save money saving money and thinking that you're going to
be able to have enough store up enough it will
never be enough. If you're not confident in your ability
to put it in things that will allow it to
multiply that will allow it to grow.
Speaker 14 (09:48):
That's right. It's like it's such a it's I know
people in their 50s 60s 70s think about this stuff
because there's time there.
Speaker 4 (09:59):
But young people I I never have. That's the problem with.
Speaker 13 (10:03):
We know a lot of people that are in their
60s and 70s that still think I need Jesus work
another three to five years because I don't actually have
enough money stored up because you never have enough money
stored up.
Speaker 16 (10:13):
Grant talked about what he called board money or his
board money was he saying it he sits on about
board money.
Speaker 4 (10:21):
We're like butchering these quotes right now. Yeah I know.
Speaker 13 (10:25):
Word money gets you you would not to add value
though because if it's sitting around you're going to spend it.
And so use. You think you store it and store
it and store it but you never have enough. And
then when you do store enough you go buy something
a car jewelry or a house shoes and you just
keep committing an obligating yourself deeper and deeper and deeper versus.
Imagine if you spent the first 15 years living lean
(10:48):
and just pack and put your money into income producing
things income producing things not saving your money not saving
it not thinking Oh I just need to have all
of this. Like not even investing in the stock market.
Like income producing. So that it's driving a 3 4
5 percent per year income but it's compounding. And so
when when you do the math if you in fact
(11:11):
he's got some guys working for him that are you
know thirty four thirty five thirty six thirty seven they've
worked with him now ten twelve years have they're getting
four thousand bucks a month of passive income up to
one guy's getting two hundred thousand dollars a year in
passive income because he's been put in everything that he
makes over and above what he needs to live on
and things that are creating passive income.
Speaker 4 (11:33):
And I think the whole story here is about putting
an end to passive income not storing cash not saving
cash before even getting to that point though I think
it's asking the question and starting to think about it
in your 20s. How do people create wealth. Like when
you just sit with that for say without for a
(11:54):
week for the next week think about and look around
who is in your life now but who is around
in media who is around on social media that has
actually created wealth.
Speaker 15 (12:07):
And how did they go about doing it like study
how they do it.
Speaker 2 (12:11):
You don't just watch them on social media. There are
so many personalities out there that are so full of
shit that are creating their wealth type point they're creating
their wealth by getting other people to give them their money.
Yeah you don't like the cars and that like actual
true true true true wealth. How the question is social media.
The question is Who are the examples of the people
(12:34):
that have created true wealth and how have they done it.
How are they doing. Where are the banks putting their money.
The banks the big banks are putting their money in
real estate. All the people they have created true wealth
have money in real estate. Why. Because it's the most
predictable wealth generating vehicle that there is out there especially
multi-family or I'm big into mini storages because you can
(12:58):
diversify over lots and lots and lots of units right.
Speaker 4 (13:02):
But find out how people create wealth and study ask
yourself what does longterm wealth look like entering will entirely
flip your perspective on how you spend your time and
where you spend your money and how you're able to
maximize those things so you don't have to spend your
time making money because then you're 60 years old but
life goes by your 60 years old you're still working
(13:23):
for another 10 years because you haven't put enough money
that's generating of income that can sustain your life.
Speaker 13 (13:28):
So you just keep getting trapped and I think you
know I've seen this a lot. Business owners in the
last three four five years building their business the implication
is they think oh now I'm going to try to
sell my business for another five or 10 years of
income because I haven't really saved and then they go
to sell their business and they get four times their
income and then they're like What am I going to
do after that. Now I'm going to make this money
(13:49):
work and then they really become fearful because they gave
up their income source. They've limited. They only have a
certain amount of income and now it's like how do
I make this last the rest of my life and
everything goes minimalistic. Whereas if you treated yourself like that
at the beginning I'm going to be minimalistic and I'm
going to put all my money away for the first
10 years.
Speaker 4 (14:08):
It's hard to do that right. The reason people don't
do that is because there are other things that look
like wealth or make you look wealthy that you put
your money into and then all of a sudden you're
wasting it on things that make you look wealthy instead
of actually creating wealth. The bags the shoes the watches
the jewel the bigger house cars the bigger house everything
(14:30):
and what I've learned too is as you make more
money as you're a you have access as I've started
getting access to more money.
Speaker 10 (14:40):
Everything becomes more expensive like I I used to buy
orange goes up.
Speaker 4 (14:45):
But it's not just it's not just the bag or
the piece of furniture it's like my socks are more
expensive my shampoo and conditioner is more expensive everything heightens up.
It's not just the one thing. And so if you
can be disciplined in not allowing those things to go
up still still be OK with the things that you
(15:06):
have and the way that you're living now and not
take that as a sign of being held back but
be smart about putting your real money that you're making
to the side and be able to live at your
means and continue to do that treat yourself every once
in a while but like don't let everything else heighten
as you start to make and grow in your career
in your early 20s because most most people we talked
(15:28):
about the statistic about a month ago on the podcast
I need to double check it but it's like 85
or 80 percent of the income increase happens in your 20s.
So that's the time to start putting these principles in
your place like in your 20s it doesn't get it's
not going to happen later that that curve doesn't continue
(15:48):
to go up for the average person. It goes up
for your 20s and then it levels off.
Speaker 5 (15:54):
Well then you start having kids and you start having
houses and you start all seeing your expenses go dynamically
up but I think a couple points here which is
it isn't about the minimalistic side it's more about the
discipline side. Like take a percentage of your money put
it away discipline yourself to put it away for your
(16:15):
long term perspective and put it in the right things.
You know what I think I've had a fall on
K for my whole career. I'm 51 years old and
there was a point where I was just putting as
much as I could max out into the fall in
Kenya because that's what everybody says. That's why I wrote
that for Owen K. over the last 30 years I've
put in like two hundred and eighty thousand bucks right.
(16:38):
It's worth three hundred and ten thousand like it's because
it just is just such a B.S. investment vehicle. Everyone's
like tells you to do it. I mean I get
no income out of the 4 1 k at least
if I was getting 5 percent a year on three
hundred grand. Like I'd be getting fifteen thousand a year
that I could invest then in the stock market that
second money right. It's not my primary or I could
(16:59):
live on it.
Speaker 13 (17:00):
But the point is that people the whole are here
is learning what to do with your money where to
put your money and what you want your money to
do for you and you need to treat that like
you're treating your career your business. And the sooner you
start the less pressure you have in the future because
you can start living on Second money instead of first
money and when you don't need your first money the
(17:22):
that the money has to come in to pay the
bills as you're adding complexity and expense to your life
with more people you're responsible for more things that you're
buying bigger things that you're buying more shiny things that
you're buying and then all of a sudden your money
is going to those things but they're not going to
something that's going to give you freedom in the future.
I think listening that conversation with Grant and and this
(17:44):
young guy and giving and being respectful the fact that
he was smart enough to seek grant out to get
this guidance like I really respect the fact he's like
dude I'm making a lot of money now I wanted
to fuck it I don't want to mess it up
I want to do the right things with my money
and I need to go to the people that I
can trust that obviously are giving guidance and advice in
(18:04):
this area and have been successful and so he sort
grant out.
Speaker 5 (18:09):
What are your six points. I noticed you have some
bullet points here.
Speaker 4 (18:12):
Should you have run through do have some bullet points
but you were just making me think of one of
the other principles with money is not thinking a lot
of people say oh we'll stop buying Starbucks or what
does it pump air in your tires extra air in
order to save gas money. And it's like sure you
(18:32):
can do those things you absolutely can do those things
but that is not going to create wealth for you
like don't. Inhibit yourself so much to think that you're
going to save like with your 4 or 1 k
over the lifetime of your career you've made would you
say 80 grand. Yes. No not v investment. So instead
(18:55):
of being able to put it up toward something that
was actually making money in the same vein I don't
think oh I'm going to become wealthy or it's a
wealthy mindset to not buy Starbucks in the morning like
if you can't afford to buy Starbucks don't buy Starbucks.
But that's not equally what's going to make you wealthy.
Speaker 17 (19:11):
You know other points.
Speaker 8 (19:15):
What was one eye as you were talking I was
thinking of another thing that I want you.
Speaker 9 (19:20):
Let's get started. I started already saying no not telling
me to go over my notes. Oh well I just
feel like we're kind of all over the board on this.
So I was trying to do some don't you think
don't choose to feel that way okay. The first piece
of good news is we have a world class editor
that we don't need to edit any I know you
never edit these I know you're just because you're getting
and chickens over there.
Speaker 14 (19:40):
I too much coffee. Just give me one second. Make
some faces to the camera because I was thinking of
something that was really good. This is an audio show.
Well then make some funny noises.
Speaker 5 (19:52):
Mo money more money. Yo Honey more money second flow
is better than first. Yo money. Remember what I was
going to say. I don't know. You sure look good though.
Did I tell everybody how amazing you look right now.
You look amazing. Tell me more.
Speaker 11 (20:11):
Gorgeous smart Yes and very intelligent. Thank you.
Speaker 9 (20:22):
And a dangerous cunning way like when you tricked me.
Oh my suit. Oh I know what it was. I
know what it was coming. Oh don't forget. Write it down. OK.
Oh shit. She lost it again.
Speaker 10 (20:37):
Oh with the conversation with Richie the kid rich the kid.
Grant said and asked Rich a very specific question. And
he said if all the money that you currently have
saved and for the audio people I just put quotations
around that for the money you have saved them like
(20:57):
their cushion your net your nest egg. If that was
to go away tomorrow what would you do. We got
all distracted. Somebody said something. The view was great. And
then Grant came back to that question. He said it's
the question What would you do tomorrow if all your
money went away. And he said I'd pick up a
(21:18):
show tonight and the perspective of once you have it.
Speaker 4 (21:23):
And once you're comfortable you don't do the same things
that you don't push. In order to get it to
begin with like what he was saying is you need
to use you circulate that money out of your game
that matter you're out of your ability to be comfortable
so that you're still hustling the same way that you
did in order to get the money to begin with
to try and work hard he agreed he could do
(21:45):
a lot more.
Speaker 11 (21:48):
He could push harder and do a lot more and
make a lot more. And that was Grant's point.
Speaker 12 (21:53):
You feel comfortable so you've let off the accelerator and
yet you're in your mid twenties. What if you hammer
the accelerator for 10 years and put all that money
into income producing property and the other thing I want
to say is he started rattling off areas that he
was thinking maybe buying properties and several grants like no
you don't want to buy property in those areas because
(22:13):
of all the requirements and the the the rights of
the people that live there you know not having to
move out and all that stuff. So this is not
just a go pick some vehicle and indiscriminately you know
invest your money.
Speaker 5 (22:26):
It's I think that thesis or the no no don't
wrap it up I don't I'm not. I'm just saying
I want to make sure that I make this statement
for people let's hear what is the state making an
educated decision study based on a series of facts and
then asking really good questions the quality of your long
term outcome will be based on the quality of your
questions not only the questions but who you're asking the
(22:47):
questions of. So just as as a as a tidbit
of information there tidbit tidbit. Do your homework. Mm hmm.
Speaker 4 (22:55):
One thing that I so appreciate about people who are
in the hip hop world who are crushing it like
Travis Scott when he came through he came to Portland
back in December and I was so bummed because we
were traveling on the dates that he was here. We
had some prior comment and then can you agree on that.
Let me finish my story. Oh goodness look. What. What
(23:18):
did he do. He came back like a month later.
I was so bummed we're missing this concert. And then
I got another notification on our calendar that there was
a Travis Scott concert. It's like no you've got this wrong.
He was just here like a week ago and she
said no. He scheduled dates at the end of January.
Speaker 15 (23:35):
He came back to Portland Oregon Travis Scott does not
want to be coming to Portland Oregon two times within
a month and a half. He's doing that because he
knows that the hype is now he knows that if
he grinds now this is the opportunity he's not he's
not off on vacation. I'm sure he takes vacations but
he is like leaning all in to the moments into
(23:56):
the things that he has in front of him instead
of just assuming that he's always going to have the shot.
And I don't know if that's Kris Jenner pushing him
or who is giving him excellent advice. Yeah there's a
family of a lot of really good entrepreneurs but like
he is pushing and then he just came out with
his Netflix documentary. Look Mom I can fly. It's just
like that is the type of mentality of just continuing
(24:17):
to push. I'm sure he's made money but he's also
pushing to make more and doing the same things that
he did when he was having shows of 12 people
and now they're all sold out in huge stadiums globally.
Speaker 5 (24:30):
Globally world domination I love that world domination world domination
man we are going on a world domination to bring
education value and excitement. So what's next for you. We
are here this week lots podcast lots of interviews getting
(24:52):
some businesses close to start putting on our platform which
I'm really excited about.
Speaker 13 (24:56):
Big businesses big brands the traction we're getting is it
has been phenomenal. We've got about 50 different businesses in
our pipeline right now that we're working with which is
exciting as you know. And then we're heading off to
Miami where we have a Text 360 program with hundred
and twenty five businesses doing close to two hundred and
(25:16):
seventy million in revenue for our two day program and
then we had to add just like you're Travis Scott
example we added 1 2 weeks later because we're over.
Speaker 5 (25:26):
We overfilled that that program so great problems to have.
Yeah I love it. We're just all out massive ocean
and bringing as much value to people as we can
possibly bring because that's the side of the equation the
more value you bring to people the more those people
will advocate you and tell people why and how you
helped them succeed them the more you get to do
(25:49):
gotta be in love with what you do when you're
in love with what you do and who you get
to do it oh we love getting to do things together.
Speaker 8 (25:56):
That's our dream world. This is the world that we
dreamed up and we are executing on not only do
we dream up the world.
Speaker 5 (26:03):
Anybody who's listen to the show knows that the whole
idea of the show was age gap relationships and realness.
And here we just got back from L.A. where we
had like a phenomenal dinner with dear friends like people
we love and everyone at the table halfway through dinner
(26:23):
realized that everyone at the table was an age gap.
Speaker 7 (26:26):
It was an age gap really and just had different
perspectives on it just looked at all of it in
in different ways than we do.
Speaker 8 (26:33):
But it was it was pretty cool to share those
stories and talk to people where there's a real need
of talking points and those people been together a long time.
Speaker 13 (26:45):
It's not like their new relationships. And so we have
manifested intentionally but we didn't we didn't go. We didn't
sit there going Hey we manifest. It's just that we
have manifested in our life the kind of people we
want to be around people that we can add value
to their lives they add value to our lives.
Speaker 16 (27:03):
It was just an amazing dinner because we walked out
of there thinking we've manifested the right kind of people.
Speaker 5 (27:11):
People that we can associate and affiliate and understand and love.
And it was just it was an amazing evening. It
wasn't me that evening. Not to mention I was on
the front page of all the newspapers all over the
world with a new girlfriend. And my first paparazzi experience.
I thought they were there for you. Little did I
(27:32):
know they were there to see me.
Speaker 8 (27:35):
But no we've created this world we very intentionally created
this world. A big piece of this world and us
getting this confidence is figuring out how to get money
right in our own mindset around money right to be
able to have opportunities to create more abundance for everybody
around us for the businesses that work with us for
ourselves for our friends for the people that work with us.
(27:57):
And that has been a catalyst for everything else in
our life going the direction that we needed it to.
Like it's the thing that you don't pay attention to
for a while.
Speaker 10 (28:07):
Once you start paying attention to him and work it
out it's amazing how things come together around it.
Speaker 13 (28:15):
Yeah. Yeah. It's a power of intentionality and it's easy
for people to say oh well that's because Brandon sold
his business. But the fact is.
Speaker 5 (28:23):
Had I not been for the last 30 years making
money buying real estate putting myself in a position where
I didn't feel the pressure a couple of times when
the business sale was going to fall through it would
have been really easy if if I depended on the
income from the business it would've been really easy to
say I'll just I'll just retreat and I'll just keep
(28:44):
my business the way it is and not end up
selling it because selling your business is not easy. And
if if if I was like desperate that I had
to sell it in order to live and I didn't
have my real estate and I didn't have the confidence
I could generate lots of income at certain points in
the process of the sales process I would've retreated back
(29:04):
which I see a lot of business owners do that
because they don't have a backup plan. So they're like
well the income I make off my business I can't
really give that up. And if I can't get the
number I want for it then I guess I'll just
keep working and they just keep trapping themselves over and
over and over. So I'm making sure that you put
yourself in a position whatever that looks like for long
term financial freedom. So you're not every day you're not
(29:26):
having to show up and grind. And then when something
amazing happens you take advantage of it because you have
the confidence take advantage of it.
Speaker 8 (29:33):
And I love learning these things at my age to
be able to set up the framework for the rest
of our life. And I think it's just easy to
get scared about money if you don't know about money
if your parents never talked about it. If the people
in your atmosphere and your environment aren't teaching you how
to look at it properly aren't having these conversations if
you don't have insight into the type of conversations like this.
(29:57):
They're out there like you can find them. But I
would encourage you to listen to not only this podcast
but listen to other content where it's good information it's
right information because I guarantee you when you figure this
out and if it's something that you're currently scared about
or you just don't have a lot of clarity into
how to create it for yourself you're going to be
(30:18):
nervous in other areas of life too. It's not just
it's not just about the money it's the confidence that
it brings for you to be able to have all
sorts of conversations and interactions with people that will enrich
your life.
Speaker 5 (30:30):
You know I just had a thought. What was your thought.
I love it when you have thoughts. Grant did a
whole series on this money thing like he's got tons
of videos and yeah. And I watched all of his
on court on you. Yeah. So he doesn't package for
a thousand. I think he did he offered it last
just for someone it's like a twenty five thousand hour program.
Speaker 12 (30:53):
He offered one of the videos or some or one
of the programs for a thousand bucks and a lot
of people were very excited about it after listening because
it taught him how to think about money.
Speaker 5 (31:01):
You know whoever whoever posts the best comments on this
episode stories about money. Mm hmm. I will gift one
of those programs to whoever gives you the best comments
on on this story. So I will. So you will
pick somebody who gave you a true comment about money
(31:22):
or whatever and you pick somebody and then I will
give them this program and I think the value this
program programs like ten thousand bucks. Yeah and I'll give
a serious program. That's right. So if I put all
the program together it's a ten thousand hour program and
I'll give I'll give it to the person that writes
the best comments their experiences with money or what they
(31:43):
took from this episode. I don't care what they write
as long as it's it's sincere and has some thought
into it.
Speaker 10 (31:49):
Thank you. That's so nice of you.
Speaker 13 (31:53):
Well this whole episode is life changer. That's low money
and how to do it right. And they might as
well hear it from the guy we heard it from hmm.
Speaker 8 (32:01):
He also has a free book called The Millionaire booklet.
Yeah I've read it a couple times read it just
last week. Can you download that gets a free book. Yeah.
Maybe I'll find the link and share it with you
guys and then also how to create wealth and investing
in real estate. That is the very first book that
I read around. What types of real estate investments there
(32:22):
are and how we ultimately that was the first step
of how we ultimately became comfortable looking into into own capital.
And that's been a vehicle that you've chosen to do.
Speaker 13 (32:31):
I've put a lot of money with Grant and I'm
going to put a lot more.
Speaker 14 (32:34):
Yeah. Yeah. Because it's bourbon. So thank you guys for listening.
We will see you all next week.
Speaker 1 (32:41):
Yeah. Great show. Thanks.
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