Generational Knowledge

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:18):
Yeah.
Here is your host.
Raimundo welcome to my show.
Where we relate, never.
Hey, have some laughs.
And try to learn some shit in aprocess.
This is episode 50.
Generational knowledge.
I'm so excited to share thismoment with cha.

(00:39):
I mean, I see my 50th thousandepisode in my head, but we still
got some ways to go, but to makeit here, it's a beautiful,
beautiful day.
No, my mother's birthday.
Makes it even.
That more special.
I love you, mom.
I miss you every day.
Every time I look at my babies.
I think you.
I just hope I made you proud.

(00:59):
I just hope I make you proud,mom.
But yeah you know how we dothings less?
Let's go let's go.
This quota today comes from JimRome.
All good men and women must takeresponsibility to create

(01:21):
legacies.
That will take the nextgeneration to a level.
We could only imagine.
And shit.
That's what this whole episodeis about.
Building for either yourchildren or just for your family
to be.
Your own legacy, yeah, ownbusinessman.
And it's the truth is up to us.
To build them and we can't waitfor tomorrow because tomorrow
may not get here.

(01:41):
So start today, even if it is.
Adding one thing.
Sometimes we think about the bigpicture and we want to ask so
much and we think about, we hadtrust fund.
Or we hear generational wealth.
When we think about this so muchthat you have to do in that.
And there is.
But.
The journey of a thousand milesstarted with one step.
You could take it a step at atime.
And once you get that flow, youknow what to do, then you can

(02:02):
crank it up.
And then when you make moremoney, you can outsource it.
So there's so many things.
That come from just gettingstarted.
And just.
Progressively getting better,you know, in the gym.
Then they call up progressiveover, uh, I forgot what they
call it in the gym isprogressive.
Overload or something like that,where.
I'm pretty sure that that's notthe name, but where even if you
put the weight up by five poundseach time you go, now, it's not

(02:24):
a big difference.
But you keep doing that.
And in a few weeks, you'll belifting.
Shit.
30 40 pounds heavier.
Yeah, man.
But.
Especially if you have kids.
You want to make sure that.
You leave them something.
That can take care of them.
AOL, let me tell you somethingabout that job.
Life fishers is cool, but theygoing to tax the shit out of it
and they only going to be ableto use it for so long.

(02:46):
So.
I suggest looking so all typesof things, And that's why we did
this episode today.
on the day of my mother'sbirthday.
But let's get it to the episode,generation knowledge.

Raymundo (02:59):
So on the 50th episode of the Raymundo Show, we talk
about generational wealth, thefoundation of it, and everything
I've done, everything I'm tryingto build revolves around this
cuz I feel like it ain't, youknow, you can't take the money
with you.
But it'll be great to leave itto family, to friends, or even

(03:23):
definitely donate something tocharity.
But on this episode, I gotta aspecial guest to help me with
the get my point across.
this next guest, always on,always on the path to wealth
finding, finding different waysto acquire it.
and he's just reallyknowledgeable on a lot of shit.
I gotta have him on, like fivedifferent episodes.
But since I see him doing thisthing, and not only is he in

(03:46):
building wealth, he's enjoyinghis life.
So maybe he could definitelyshare that part with us too.
But ladies and gentlemen, let'sgive a warm welcome to the
Raymundo Show.
The der Oh Wait.
Hold up.

dervin (04:03):
Thanks for having me, and I definitely

Raymundo (04:05):
appreciate it.
I had on the wrong

dervin (04:10):
I love it.
I love the feature.
I love it.

Raymundo (04:12):
Welcome to the show, brother.

dervin (04:13):
Appreciate it, man.
Thanks.
Thanks for having me.
definitely appreciate the, theintro cooking up on a lot of
different things that Of course.
Yeah.
Yeah.
They're definitely excited to,to get into it and, and talk
through whatever with him, man.

Raymundo (04:24):
Of course, man, I've been seeing you, you know what
I'm saying?
I saw you were doing, you know,your podcast, yeah, yeah.
The Sound podcast, right?

dervin (04:31):
Yeah.
It's called sound Podcast onInstagram, synonyms The Sound is
the name of the podcast.
Co-host, another colleague ofmine a bro, Tony.
and we just, you know,essentially from Shoot to Shit
to try to amplify the voices offolks doing cool things in their
respective spaces andindustries.
You know what I mean?

Raymundo (04:47):
That's awesome, man.
I should have thought of someshit like that.
Y'all might steal your idea.
Don't Trying to find somethingelse about the sound, like the
Sound Wave podcast or some shit.

dervin (04:59):
Yeah.
We like, the name a lot.
I, I feel like we had, anothername that was a crazy like
mouthful, but we like to play onwords on this.
I was like, yeah, yeah.
We've seen another podcast withthis title, so let's go for it.

Raymundo (05:13):
Yeah.
Nah, that's good though, man.
Like if I could do it again, Iwould not name the show after
me.
Not even me.
I named it after my nickname.
I didn't even name it directlyafter me.
I feel like the ratio would'vebeen too short.

dervin (05:26):
I'll fuck with the name.
Oh, can I curse on here?

Raymundo (05:29):
Oh, yeah.
Fuck yeah.
feel free.

dervin (05:33):
I, I fuck with the name.
I, I think it's original, right?
Like

Raymundo (05:36):
it got a, like a, a, you know, a ring to it.
You know what I'm saying?
Yo, that's, that's Ray Moonthough.
he be a podcaster that his eyesbe barely open.
I'm working on it.
I'm working on it.
I be trying not to blaze before,but sometimes you gotta do it.
You gotta do what you gotta do.
You, bro.

dervin (05:51):
I was about to, I was about to roll up right now.
And then I was like, you knowwhat?
I've got some stuff to work onafterwards.
Let me just stay locked in, you

Raymundo (06:00):
know, stay locked.
Yeah, yeah, yeah.
Sometimes that can mess up thefloor a little bit, man.
So yeah, tell my listeners alittle bit.
Oh, first, tell'em where youfrom and then tell'em what you
currently do.

dervin (06:08):
Yeah.
So, just to give you guys alittle context, background on
myself, born and raised, Queens,New York.

Raymundo (06:13):
Don't get fucked.
Hey, let's go.
We family, bro.
Hey,

dervin (06:17):
I already know.
But aside from that I, well, I'dconsider.
a creative and a technologist.
That's what I consider myself,that take context on uh, my
journey professionally whereI've always been super
interested in technology andvarious different ways to apply
that, whether it be hands-on orenabling technology in any way.

(06:38):
Right.
Have a very extensive technicalstaffing background.
I've worked with and at somepretty large tech companies that
y'all are probably familiar withand, and use every day.
Yep.
Yep.
And in terms of my ownindividual ventures, you know,
I'm a day trader.
I trade four x I invest in, incrypto.
I don't trade crypto too much,but definitely invest in crypto

(06:58):
in terms of stocks.
Same thing, you know, a lot moreactive in the trading space than
investing.
And I wanted to be explicitabout that because it is
different.
Uh, Yeah.
Yeah.
And aside from that man there'sa, a lot of other things that
I'm exploring and getting intoas well.
But that's a, a high leveloverview of I guess, what you
can expect from me.

(07:18):
I'm also a history buff, historynerd, so if you follow me on any
social media, aside from all thestuff I just mentioned, you'll
probably see me rambling offabout quirky history, shit.

Raymundo (07:27):
Nah, dope shit too, man.
I don't know.
I saw he went to the museum rerecently.
He just saw some dope asspaintings.
I'm like, yo, this dude, youknow what I'm saying?
It's into the arts too.

dervin (07:37):
I love museums, man.
I, I definitely recommend acultist membership if anyone's
familiar with it.
Cultist like, gives you and yourguests, I think up to three
guests, like free access to likealmost every museum in the
world.
it's pretty sick actually, forgood price.
For free.
For free.
Oh, for free.
Like you pay for the membershipyearly.
Oh.
But like when you go to themuseum, you and your guests cut

(08:00):
the line.
What's this called?
LA

Raymundo (08:02):
Cultist the cult of it.
That's how the fuck you forgetthat shit, right?

dervin (08:08):
Yo, yo.
It's, it's really some shit too.
Yo, I, I went with, I went, so Iwent

Raymundo (08:13):
to, I feel wrong signing up I'm not gonna, I'm
not
gonna

dervin (08:16):
say which, which museum.
Right, because cuz this will,this will give it away.
But I went to a museum with alady friend.
Right.
And like Uhhuh, this, this I'mnot in crazy, not serious, you
know what I'm saying?
Nothing like I had no, you know,intentions or anything like
that.
Yeah.
You were chilling.
You were chilling.
You know, I, I used the cultistmembership and the person at the

(08:36):
front desk is.
like there's a bunch of peoplebehind us, and the person at the
front desk is like, oh, you're,you're a cultist member.

Raymundo (08:45):
and

dervin (08:47):
They were just way more dramatic in a, in, in I guess,
the word I'm looking for uh,animated about it than, okay.
Yeah.
I had experienced that before,but like, the way they did it
was so dope.
Like, just printing at like theticket out for me and, and like
who I was with, like how it mademe look was insane.

Raymundo (09:03):
you look pizza, like, oh, this guy's connected.
No,

dervin (09:07):
it was crazy.
It was ridiculous.
Cause like, it, it doesn't justlimit you to, to museums.
Like you can go to auctions and,and stuff like that.
Private galleries, all types

Raymundo (09:16):
of stuff.
that, that had, did you startoff the night with that?
Nah, nah, I didn't, I didn't, Iwas about to say that's the way
to, that's the way to lead.
I'm saying the, the rest of thename must have been Shmoo, It,
it

dervin (09:29):
was, it was, it was calm.
It was calm.
But nah, it definitely set thetone, you know what I mean?
Okay, cool.
I like that type of stuff.
Like members only type of stuffwhere like, it's, it's a subtle
flex, you know what I mean?
But it's also so, so, soconvenient to like yourself and
like who you're with.
If you're trying to engage inthat, whether it be like a
lounge or like, yo, it's so, youknow,

Raymundo (09:50):
so, so wait, so different from a Groupon
membership, right?
And it comes out with thereceipt, like, ah, this fucking
guy, his fucking Groupon,Listen,

dervin (09:59):
I'm not hanging on Groupon.
I'll be on Groupon every week.
Be that shit too.
Groupon be having deals, youknow, I like to.
Yeah, yeah, yeah.
You'll never take the hood outtame, bro.
If I, if I could get, get towhere I'm going and save and do
it efficiently, I absolutelywill.
Comfort comfortably.
But like, I'm super strategicabout it and Groupon, you know,

Raymundo (10:19):
that's a rich trait right there.
Never stop looking for thediscounts, just cause you
getting that bread, you knowwhat I mean?
Like, that's how you keep yourmoney, man.
That's how the rich stay rich.

dervin (10:29):
Honestly, I'd say that when I started to find new ways
to generate additional cash flowfrom just like my nine to five,
at first I was spending morelike mm-hmm.
like I was hyped, like I wasspending more.
And, and like, because of that,there wasn't a drastic
difference in lifestyle.
But when you do see a, a bigdifference in lifestyle is when
you start piling on thosevarious different successful

(10:51):
means of additional cash flow.
And like keeping more in, notadding more expenses.
keeping more in from what you'veaccrued from that cash flow.
Putting some of it to work.
Mm-hmm.
obviously.
Mm-hmm.
taking care of bills, debt,things of those sorts.
Debt management.
Debt management is huge.
I feel if you wanna like, liketake, take steps and I feel like
that's actually, that actuallymight be like the biggest hurdle

(11:15):
for, for folks who don't like,grow up in an environment where
financial literacy isemphasized.
Exactly.
I think debt management is, isprobably like the biggest hurdle
cuz people don't under like you,like it took me a while to
understand debt and like baddebt and good debt.
Yeah.
Sort.
So that piece right there I'dsay is like, oh, you, you, you

(11:35):
get that down first andeverything should be piece of
cake.
Even if, even if you.
like, cause because if you skipthat step then you know you'll
Exactly.

Raymundo (11:45):
Irrational decisions.
No, no skip step and no halfstep.
You hurt Nah, but nah, not fornothing man.
Yo, I'm telling you my, my, mydecision making skills this
season have been crazy cuz like,everybody who I wanted on the
show, the first like 20 minutes,they bodying it and I'm like,
damn, I did it.
I did the right thing again.

(12:05):
And I'm like, what?
I wanted to embody you.
That's what the fuck I'm talkingabout.
Yo, let's give it up dude.
from Queens.
Your what part of Queens?

dervin (12:15):
I grew up in Cambria Heights.
Are you familiar with CambriaHeights

Raymundo (12:17):
not too familiar.
No.
No.
So

dervin (12:19):
Ca caber height is like past, like St.
Alban's, close to that Laureltonarea.
But also like, where I was at islike, depending on where you
cross the street, you're inValley Stream or Elmont and
like, it's technically LongIsland, you know.

Raymundo (12:30):
Oh, okay.
You're like by RO Rose, what wasit, Rosa?
Is it, what's it called?
When I think of the ones CloseRoosevelt.
Yeah.
When I think of close toRosedale.
Rosedale, that's the one Rose'sfifth.
Oh, now, okay, now I'm familiarwith it now.
Okay.
Now it, like, now it's startingto click.
Cuz you know when, when you hearQueens, if it's not the bridge,

(12:50):
the bridge.
If it's not the bridge, it'sJamaica.
Fucking Glendale Well, at leastwhere I live, that

dervin (12:58):
Yeah, I know J Jamaica and stuff like that are, you
know, Q Gardens.
Oh yeah.
FRAs.
Those are all, you know, prettycommonly known Queensland.

Raymundo (13:08):
Yeah.
I'm glad you, you bought offfinancial literacy, right?
Like, I feel like I alwayswanted to be like better with
the finances, but I'm not gonnafront, like when, when Earn
Leisure came out, they.
I don't know.
They, they put it on theplatform where it wasn't boring
anymore.
Like you ain't even, there was apoint, I didn't even want to
hear about this shit, but like,after them, it's like, now like,

(13:31):
listen, like listening aboutthese, and I'm, I'm older now
too, so now I see things andprocess things differently and
I'm like, yo, bro, like learningabout this shit is official.
Like learning how, like, likethey don't e you know, rich
don't even use they bread.
They use the, they use the loansto use the equity.
That's not taxable.
Like, and you start goingdeeper.
And I'm like, wow.

(13:51):
Like, then they put everythingin the trust and then it go, it
is just, wow.
Like the things that Iunderstand, why would they
wanted everybody to know this.
And even so they know you canget the information and they
know not everybody's gonna acton it.
But I thought they.
During my research, I saw therewas like five pillars that like
are important as far as like to,to start with.
And, and one of them, which hespoke briefly about is, you

(14:14):
know, the earning, you can'teven, can't even have that
discussion if you're not findingways to earn.
Earning is the most importantthing as a, in this world.
Things are always changing.
Inflation.
Lemme tell you something, lemmetell you something about
inflation.
Inflation don't give a fuckabout you.
Inflation.
You could be out in the coldwith your kids, with no, with a

(14:35):
thin sweater on.
And, and, and inflation willclose the door on you.
That's, that's, that's how muchinflation.
Don't give a fuck about you.
But but speaking about earning,right?
You got different ways to earn,man.
Like how do you time managementthese things,

dervin (14:48):
So, au auto automation man, and I mean, you think time
management, right?
Like mm-hmm.
I have a Right.
I have so full transparency,right?
I have a job.
I'm not gonna list the techcompany that I, I work for.
Of course not.

Raymundo (15:03):
It's a good one though.

dervin (15:06):
pretty, pretty well known, but it's extremely like,
well paying but also extremelyflexible environment, right?
But I'm also privy to, to, youknow, tons of technological
related exposure in terms oftechnology trends.
It gets a network and meet tonsof dope folks who have dope
skills and things of thosesorts.
So, learned a lot.
And you know, you, you, you wantto not trade your time too much,

(15:31):
right?
Like, until, like you cancompletely, like, you know, fuck
you.
Like I don't gotta trade mytime.
Yeah.
For, for to earn completely,right?
Because you know, there'spassive income and.
and there's earned income.
Passive income is, is taxed alot less than earned income.
Right.
And, and earned income, yougotta trade your time.
So someone like me, right, whogot like a, like broke through

(15:52):
that threshold of needing likeadditional, like extra cash flow
by like learning to trade,right?
So, and I had been investing in,in holding like assets like
stock and crypto prior to that,but it was learning to trade and
getting profitable consistently.
That like really helped.
It was what I did with thatadditional cashflow afterwards.

(16:12):
That gave me more time back.
And what I did with that was Iexplored various different way
or routes of automation, whetherthat be through staking in the
crypto space and earning,earning a passive yield or
essentially like managing.
Other accounts that I trade withthrough bots that I essentially
set up to trade during oneparticular session which is the

(16:34):
overlap between London and NewYork Open.
Which is like when it is a lotof cash.
Cash.
Yeah.

Raymundo (16:38):
That's some boss.
You talking some bullshit rightnow?
Keep talking.
That talk man.
You talking that

dervin (16:43):
there's, so, there's a lot of different, like, like
some people, some people, they,they get their hands on a
property, right?
Mm-hmm.
and they, they, they jump intoreal estate, which you can do
without a license, by the way.
Get their hands on a property.
Maybe they live in amulti-family right.
And they have their othertenants in the other spaces
paying their rent while they'reaccruing rent from them, right?

(17:03):
Until they've accrued enough todo that same thing again in
another location that they getand just keep growing it and
growing it from there.
Me, I'm, I'm, I'm, I'm venturinginto the real estate space
personally.
It is one of the oldest fastestways to accrue wealth and is not
going anywhere.
Of course, my route to gettingon this journey is a bit

(17:25):
different in the sense that Ididn't go that way first and it
was the digital world that likekicked things off for me.
So it, I, I guess becausethere's so many different routes
so many different things thatyou need to try in terms of
trial and error first, and like,I'm gonna assume that a lot of
people in the audience mightstill have nine to fives or nine
to nines or nine to 10, somecrazy, you know what I mean?

(17:46):
And they need to, to, to gettheir time back.
If you find a niche that canhelp you generate more cash
flow, but you need to trade yourtime to do it, explore whether
or not there's a way to automatethat once you've figured out how
to do it consistently andsuccessfully so that you don't
have to stop doing that.
To, keep up with your nine tofive.
And then you have this conflictwhere you can't do this as much

(18:08):
because it takes time.
But if you can automate itsomehow still keep this and then
pile it on with otherinitiatives until you don't need
the

Raymundo (18:16):
nine to five.
So you don't, that's for you.
So, so initially it's justtaking the money that you're,
that's earned using it toautomate, to make you that money
you using to make it automate ismaking you more money, but at
the same time buying your timeback.

dervin (18:30):
It's how you, it's, it's, it's how you scale, you
know, anything uh, yeah, yeah.
In my opinion even if, even ifyou're going nine to five,
you're doing like an e-commercestore or something like that,
like, there's still that, thatlearning curve and there that
period of time where you need tobe investing in your time
rigorously before you'resuccessful.
That's anything, anything.
What I'm saying is like once youfind that rhythm, If there's an

(18:50):
opportunity for you to automatethat in a way where you don't
have to invest the same amountof time for the same level of
productivity then that's theformula.

Raymundo (18:58):
I didn't, this concept was introduced to me when I, I
didn't even get to finishreading the book cuz I got too
excited.
Certain books are like, some,like a Netflix series.
But the only difference is Iwanna move different after
reading the book and before ourwork week, and this was like
before this time, you know,after, like after Covid, I feel
like a lot of stuff got reallymore introduced.

(19:18):
It was already gettingintroduced before.
But yeah, just delegating.
He had all different ways ofdelegating his work cuz he
wanted to fucking do yoga and goto Star Wars conventions.
Like, and it really doesn'tmatter what you want to do.
if you can set up a system whereyou can enjoy your life and make
money, that's what you want todo.
But, True.
You gotta invest your time,invest in you.

(19:40):
And oh, actually in save money,which is another one of the
pillars, man, had like, yo, Ican count how many times in my
life I've done really likesaved.
Like, I, like, I had to, how,how are you with, with, with
saving money?

dervin (19:53):
So, you know, that emergency fund needed to, you
know, cover, you know, thing,expenses where I'm living and
things like that for months to asix months to a year kind of
thing.
But outside of that, I fuckinghate saving and, don't believe
in, in saving in certainclimates.
Now, I don't give financialclimates.

(20:13):
Economic climates, I meanmm-hmm.
and I don't, I'm not givingfinancial advice here.
Yeah, yeah.

Raymundo (20:18):
Well, this is just us shooting the shit about some
real shit.

dervin (20:21):
but, but what I'm saying is, is that, the more like you,
you make money work for you thebetter things will be.
And at least in the UnitedStates, not quite sure if people
are paying attention, but the USdollar is absolutely going to
shit.
you've been, you've been tellingus

Raymundo (20:37):
that though.
You've been telling us that fora while.

dervin (20:40):
On a, on a global, from a global standpoint, our
financial, like our financialsystem is drastically changing.
Way more than people I think areaware of.
And right now you, you're losingmoney, having it sit in a
savings account.
Now it's different if it's sometype of high yield savings
account, which still might notbe enough in like extreme

(21:01):
hyperinflation, this is goodstuff.
This is good stuff, but you're,you are losing money, having it
sit in a savings.
Versus say, putting it to workin a property, right?
Or, or finding various ways toautomate those funds through,
whether it be like an onlinestore with digital assets that
you sell you're well versed,experienced enough to automate

(21:23):
aspects of trading and investingor staking on yield farming in
the crypto space.
Perhaps you've identified a DAOwith you know, that's vetted
and, and been able toconsistently pay out their a p y
percentages.
There's a lot of different ways,right?
A lot of, lot of differentthings.
It's just identifying that andstaying consistent with it.
But saving, yeah, no, right now,at least during this time where

(21:46):
like the, the dollars, thedollar's, not doing what we want
it to do, and having yourdollars sit in uh, the bank and
not accrue anything.
Is it actually losing value?
It, it makes no sense, you know?
Is it

Raymundo (21:58):
because Russia, China, and Korea, I, I forgot which
Korea is about.
They all bad enough.
I heard to make they own

dervin (22:05):
I dunno if that's making a difference actually.
You're talking about, you'retalking about bricks.
Yeah.
So essentially bricks countries,right?
That's like Brazil, Russia,south America, excuse me, South
Africa and Saudi Arabia, right?
They're, they're coming togetherto essentially combat the petrol
dollar, right?
The US dollar, right?
Saudi Arabia is like, they,they're not taking us dollar for

(22:29):
gallons of oil.
They're taking Chinese Yun now.
It's thing, the, the, the powershift is changing and the US
dollar is, is, is no longergoing to be the petrol dollar
the, the primary reservecurrency and that a lot of
countries hold and things ofthose sorts.
right?
Like Russia for example, whenthey had all their sanctions

(22:49):
imposed on them because of theircurrent client conflict over
there, it, it didn't hurt theircurrency at all.
It probably did for like a fewdays.
Yeah.
And then after a week, they hadthe strongest currency in the
world.
You know why?
Because Russia was just like,yo, you're gonna buy my gas, buy
it in Russian rubal, like, justuse our currency.
Like fuck the US dollar.
They won't be host So just useours and, and boom, strongest

(23:14):
currency in the world duringthis time where the media is
like, yo, like all this stuff'shappening over there.
So if you're paying attention tothe current climate globally,
the changes in our economicsystem, which are being
discussed, like World EconomicForum, like all these hedge fund
guys, banking dudes, they'respeaking at these things and
they're saying that we're aboutto implement some.
So I don't trust my money withany of those guys.

(23:36):
Actually, my recommendation Mr.
Enough that you gotta, if yougot a, if, if you've got a, a
chunk of cash flow you, you, ora chunk of cash like sitting
that you wanna put somewhere,put it to work, like put it to
work.
Like obviously you need thatemergency fund like that you
could always pull like cash outof and do your thing.
But like, if you've got a lumpof cash and you wanna put it

(23:57):
away, you might as well put itto work.
You know, in a way where it,when, when you're sleeping, it's
making you money somehow, youknow

Raymundo (24:04):
it's growing it.
Yeah.
You don't wanna put your shit inthe mattress.
I, I, I always think about theGeorge Lopez show when she had
her money in the mattress andher house got on fire.
Oh man,

dervin (24:16):
that was, that was an amazing show, by the way.
No, it's

Raymundo (24:19):
a cry yo.
I still watch that shit if I'mup, if I'm up before a certain
time is on, on, yeah, that tt.
First of all, you should be afinancial advisor.
Cause I trust you.
Like I really want to, I if Ihad the bread, I'd be like, your
son, let me pay you, help me setthis shit up right now.
Cause I, I feel like you knowwhat to do.
like, you, you, the, theknowledge you have brings trust.

(24:43):
Like already I'm like, yo, I wasdead ass.
I mean, I already, you know,with the Forex, you were helping
me back then.
But just now, just hearing all,you know, hearing everything
that you, you know what I'msaying?
That you working on, it's like,yo, bro, and the terms you
using.
Some of them, I don't even knowwhat they mean, but they sound
broke and I wanna look them up.
I want, it makes me wanna lookthem up so I can be like,
listen, if you start yieldfarming and then you don't see

(25:05):
that a reciprocal uh, return onthe lateral movement

dervin (25:13):
Yeah, that was You gotta

Raymundo (25:15):
stop.

dervin (25:17):
That was, that was bad.
Funny ladder movement.
That was bad.
Funny.
Nah, man, I appreciate that.
Listen, I'm, I'm, I'm a studentman.
I'm learning always stilllearning.
Things recently have gottenbetter.
They're, they, they're, I stillhave obstacles still, you know,
building that discipline.
But yeah, man, like, theknowledge is out there.
It's just the discipline ofapplying it long enough until

(25:37):
you got that breakthrough.

Raymundo (25:39):
Having that breakthrough is important, babe.
Going from someone that'slearning about it to someone
that's applying what theylearned.
That's what you wanna do withknowledge.
Knowledge is power.
Nah, knowledge is not powerapply.
Knowledge is power and

dervin (25:51):
yep, that is true

Raymundo (25:53):
man.
Don't let schoolhouse rock foolyou.
Man.
That was back in the day bro.
Like, that's have all

dervin (25:58):
the sauce, but if you don't got nothing to dip it

Raymundo (26:00):
in Exactly.
You ain't gonna have that Swawyou heard?
Nah, But he, but he bought upson Dope was an emergency fund.
Like a lot of these things, youknow, that he's talking about
the economic, it's out there andI feel like we don't think it
affects us and all that shitaffects us.
You know how many times I'veseen the s sp 500 and you know

(26:20):
how many gurus or other peopletelling you, yo, if you would've
put your money in the SP 510, 20years ago, you would've been
chilling right now.
Imagine you just knowing shitlike that.
Like that.
See that's something out.
Dare to pay attention to.
I would've just seen him ringthat.
and I seen them not, they'llstill ringing the bell when shit
got fucked up.
Right?
I don't remember.
I just know, I just rememberringing the bell.
Channel one channel one News

dervin (26:43):
Yeah, man.
There's a, there's a lot oftraditional and safe from an
investing standpoint, thingsthat you can do just based off
of like previous behavior.
What I say, what I mean byprevious behavior is like what
this particular asset has doneover a certain period of time
and what are the consistentpatterns like during that period
of time, right.
What are the highs and lows?

(27:03):
Like what impacts the, themarket when there are those
highs and, and those low thatmade that low P

Raymundo (27:09):
ratio.
P ratio.

dervin (27:17):
But yo honestly like, Not everyone needs to be that
technical and like fundamentalin terms of like market
analysis.
Yeah.
It's like great to have thoseskills if you're into it.
Yeah.
You need to learn it and, butlike it, again, it's not for
everyone, but it doesn't meanyou can't profit from it.

Raymundo (27:36):
That's what matters.
You could be all technical.
You don't wanna be the one thatall you know about all these
words, but you don't know how toprofit from it.
I'd rather be the one that couldprofit it, profit from it, and
not all the know the technicalstuff.

dervin (27:48):
What I mean is some folks I included with certain
things I do a lot better when Ihave community and um, one thing
I noticed, especially with.
this, I don't wanna use the wordtrend cuz that's not what it is.
It's just been an influx andincrease in platforms to share
like your success, your skill.
And sometimes there might be badapples who like, you know, throw

(28:11):
deceiving content in there.
But like for the most part it's,there's just been an increase in
ways to get your exposure outthere.
So as a result, more courses onthings, when I say community,
right, like, with me, I gotintroduced to, for example,
Forex trading throughmulti-level marketing and it was
fucking terrible Um, Multi-levelmarketing, absolutely terrible.

(28:32):
It absolutely, most of thosepeople, they don't fundamentally
and technically know how to doanalysis on the charts and
actually trade.
Additional tools, indicators,they don't completely understand
the terminology, the importanceof calculating risk, counting
pips, things of those sorts.
And these are all specific tofour x, but some of these
foundational concepts in termsof reading charts fundamentally

(28:52):
and understanding the marketapply to four x stock and
crypto.
Mm-hmm.
So like when you're trying toget into the space and, and then
someone's saying like, yo, comeinvest with me when they're
really trying to trade and, andget you to pay this.
You know, it is a lot.
It is, it is a lot of bullshit.
But within that, I met reallyawesome people that I was able

(29:14):
to build a community with.
I'm gonna give you an example ofwhat happened as a result,
right?
I met a, a, a good niche groupof people within this who were
more passionate about buildingthe skill versus the whole
multi-level marketing aspect.
So these are people who arededicated to getting on the
charts, holding other peopleaccountable, right?
Like, keeping people en engaged,enthusiastic.

(29:35):
If there was like a, a blownaccount, a mistake was made.
Because these, these are, arenaturally part of the whole
process of growing your account,like, or accounts or growing
your discipline and, and gettingprofitable, right?
And without some of thesecommunities, like, and people
being able to share in some ofthe mistakes that I made or like
talk to, like are going throughthe same learning curve or

(29:57):
sharing information that helpedthem take that next step, it, it
really, really, really helped meand motivated me.
But also when there was areas ofopportunity during that process,
right?
You were earning, right?
Like, like, and when I meanareas of opportunity, like we're
all in this together.
We're a like-minded goal.
We're holding each otheraccountable, but we're also

(30:18):
actively doing it together.
and say, I, I see a setup.
I see a play, right?
I, it, i, it hit all my checkmarks in terms of analysis and,
and steps to take before I evenenter a position.
And I dropped that play and setup for everyone else.
And you do your analysis.
You trust that you believe init, you hop too, and successful
enough, profitable.
Now this whole community justgot profitable too.

(30:40):
Or, or at least the people whofollowed along within it.
Right.
And to give you a scenarioexample, within this community,
right.
A colleague of mine essentiallywas on the phone looking at the
charts for an exotic pair.
I think it was like platinum.

(31:01):
Essentially within thiscommunity, right, basically what
happened one night to give youan example of like how lucrative
it could be and beneficial toyou to surround yourself with
like-minded individuals tryingto grow in a particular skill
together and how that could bevaluable.
Basically, one of the folks inthis group identified a play,
like a setup.
They said that they had beenlooking at platinum that night

(31:23):
and something wasn't right.
The way the market was movingseemed irregular.
It was absolutely marketmanipulation, in my opinion,
from my eyes.
Maybe it was something going onwith the broker we were all
using, but essentially platinumwas like moving up and down.
right?
Like a barcode on the charts.
That's what it looked like.
Mm-hmm.
on, on the charts, whateveryou're trading, it doesn't move.
Things don't move like that.

(31:44):
Right?
Yeah.
There are various phases of howthings move.
Like there's, you know, uptrend,downtrend, consolidation and,
you know, breakouts to expansionand things of those sorts, but
to just down, down, up, down,up, down, up, down, like a
barcode for hours.
That's really weird.
Mm-hmm.
So essentially this dude, hegets on the phone with another
colleague of mine and says, Heyman, I just turned$600 into
$12,000 in an hour, essentiallyhopping in and out of whatever

(32:08):
the fuck is going on.
Well, platinum right now.
And the dude on the phone islike, nah, no way.
You're, you're bullshitting.
And he looks at the charts andhe is like, wow.
Turned 600 into like, 4K in like20 minutes.
So he calls me and says, yo,take a look at this.
What's going on here?
And I'm like, on the phone withhim too.
And I'm like, this is insane.
This is clearly marketmanipulation.

(32:29):
This is not gonna happen again.
We need to drop a link in our,chat where we all communicate,
30 plus people, get everyone onthe call right now.
We're gonna exploit this allnight.
Me and my two other colleaguescalled out trades eight hours
straight.
I made$60,000 that night ineight hours.
Wow.
In a$600 account.
I turned a$600 account in a$60,000 in eight hours one night

(32:52):
unicorn night.
Right.
That's awesome.
But everyone, everyone else onthat call, I'm talking 30 plus
people, probably at minimum 13,10, 10 grand was made.
There were people on that callover leveraging their asses off,
but they were so into it.
They were so excited.
They saw the market manipulationhappened, how dedicated we were,

(33:13):
you know what I'm saying?
Things like that don't happenall the time.
That's a unicorn moment.
But to, to identify a setup,call two people that.
Called and got on a, like, madesure 30 other people in the same
group got on the same call thatnight.
So everybody was, everyone,everyone made a salary that
night, you know what I mean?
Off of like a once in a lifetimelike opportunity on the charts,

(33:36):
and y'all wish

Raymundo (33:36):
I had your number back then, bro.

dervin (33:39):
Yeah.
But like that, that wouldn'thave happened.
Like I wouldn't have been, Iwouldn't have been exposed to
that call if I wasn't liketrying to grow with this skill,
with this and share my journeywith like-minded people.
So sometimes community can gosuch a long way when you're just
trying to like level up like thepeople you surround yourself

(34:00):
with.
Like if they are like-minded aswell, or they're living a
particular life that you wannalive, they have a skill that you
haven't mastered and you wannalearn more.
And they're okay with sharinglike fucking attached to that
motherfucker and the, and theneveryone else will attach and
then, you know, it, it, it canget real

Raymundo (34:19):
beautiful.
The people you surround yourselfwith can take you higher over.
Absolutely.
Oprah Rufi.
I just read that on theInstagram before the episode I
was like, yo, I know I'm gonnabe able to use that for
something, but damn, that's,that's crazy to have a night
like that.
And that's what I'm talkingabout, like, yo Tom goes by
quick man.
So being able to have somethingthat just working on it a couple

(34:40):
hours or even in 20 minutes, youcan make a, what somebody makes
in eight hours.
That's what I like about thosetype of trading options in four
x, which I would say, right,that we would say that's earn
eight.
That's what's that activeincome, right?

dervin (34:54):
So you're, you are, you are, depending on how you go
about it, you are still tradingtime, right?
It isn't a tax the same as likebeing a employee earning income,
but Yeah, it is it's not passivebecause unless you're like
automating it with a bot, right.
As a day trader, you know, thereis, you know, like taxes, you

(35:16):
have to be mindful of, you know,you wanna reserve a certain
percentage when it comes to taxseason cuz of those, you know,
assets you're accruing.
But still and

Raymundo (35:22):
to be a, to be a day trader, you gotta have 25 in
equity.
Right.
Or unless, or you can't dothrough more than three trades.
I just learned that recently.

dervin (35:30):
I think so.
So those type of guidelines orramifications, those are
specific to the platform thatyou're using to trade.
So it sounds like you might bedoing like some options or
futures maybe.
And they're limited options.
Yeah, yeah, yeah.
On the platform you're using,they're limiting you to a couple
of different trades until youhave like enough buying power.
Or maybe like that's not aplatform for day trading.
Okay.

Raymundo (35:49):
Okay.
And that's why I mean, it, itwas just my boy.
He was, he had a good night.
I think he said he.
in three hours he made like agsor something like that.
It's possible.

dervin (35:58):
It's, you know, options, stock options especially are
extremely powerful.
Like once you know what you'redoing and it doesn't take much
to make a lot as well.
I think it's just like with anyform of trading, you gotta get
the psychology down first andthe discipline down first.
Once you like understand theterminology and fundamentals,
you gotta like, I identify likewhat your identity is, you know

(36:19):
what I mean?
Like who are you as a trader?
That's what a lot of it isabout.
Like,

Raymundo (36:23):
I notice in the, a lot of the courses with trading
start with the mindset.
What type of tra trader youwanna be, what type of investor
you wanna be.
Like, go from there.
Cause then it'll, it'll kind of,it'll limit you from being all
over the place.
Cuz you could get lost in thatshit.
The,

dervin (36:38):
the reason why that's important is because the truth
about trading man is that like,once I learned this before, it
was, it wasn't alwaysconsistent, but once I did learn
this, it, it did change thingsfor me.
But yeah, trading day trading islike 70 plus percent waiting.
That's waiting, like doing youranalysis and waiting for the
right setup, you know what Imean?

(36:59):
And then, and you need to havethat discipline.
Some people get greedy, right?
Get greedy or worried, or theyreact to psychological areas in
the market that most otherpeople react to.
From a retail perspective.

Raymundo (37:13):
Stops is important.
You gotta have stops.

dervin (37:16):
stop losses.
Oh yeah, yeah, yeah.
it's a lot.
You know, it is.
I don't wanna get too much intolike the technicalities or the
terminology of the tradingaspect.
Cause, you know, someone in theaudience might not be like,
completely into, yeah,

Raymundo (37:27):
they might be, they might get lost, like, what the
fuck they talking about

dervin (37:31):
But if you wanna learn a skill one, one way to do, to do
it efficiently or like just oneway to, to, to, to bust it out
and, and level up is by doing itwith the community of folks who
are like-minded.
Especially if you have a lotgoing on.
To summarize what I'm trying tosay, like, if you got a lot on
your plate right now atight-knit close group of, of,
of people trying to evolve toomight be like what you need to,

(37:55):
to get over the hump that, thatsupport mentally and, and just
that drive to keep going.
And sometimes that's all it is.
That's all it, it all it takes.

Raymundo (38:02):
about to link back up like, yo let's get them back on
that call, man.
Is that No, but um, glad youbring that up.
Things like Forex, there'sdifferent things that you can do
si hustles that can kind helpyou cuz you just, you don't want
to just worry about your jobincome.
And I had a real estate investorthat says you want to try to

(38:23):
wait, you wanna try to find away to get rid of your rent.
Doing that house hacking thatyou spoke about earlier, you
could do that living with, youknow what I'm saying?
But I would say have so manyrental properties that it's like
they're paying for the housethat you living in at some
point.
Just, but I feel like having theside hustle is important cuz
your bills, you know your billsgotta be paid necessities and

(38:43):
things like that.
And you could just use your,your side hustle money to just
pour in into the business, tothe bigger empire cuz like, I
mean, ain't go front.
Things like fourex, things liketrading you can do no matter
what.
You could be on a golf course orsome shit, or, or you could just
be in the crib chilling.
Say, you know what I wanna tradetoday.
It's a good skill to have

dervin (39:02):
and shit, man, you could, you could hop on a flight
right before your flight land.
Make it flight back,

Raymundo (39:07):
you know what I mean?
With the money.
With the money you paid for theflight for right.
like,

dervin (39:11):
like when I like, yo, when I, when I first hit like
consistent profitability, that'swhat it felt like, man.
It felt like a video game, bro.
Like, I'm, I'm getting on aplane.
I'm, I'm entering a positionthat I see and by the time my
land, I might take profits hit,I just made my flight back.
Now I'm thinking about extendingthe trip You know what I mean?
Like, yo, when you, what therealization for me.

(39:34):
And I'm not, I'm not super likemoney oriented to the point
where it's like the mostimportant, but with what I want
to do, which is important to me,money will really fucking help.
And I know Yeah.
It's a fact.
Yeah.
And yo there's this crazyfeeling of like, I remember the
first time that like I had, I,like, I just, I had like 20 K
and didn't know what to do withit.

(39:54):
And, and it, and

Raymundo (39:56):
I was, I know why.
Cause you, you ain't, you, youwanted to make sure you did the
right thing with it.
But you know, you wanted tofucking just spazz

dervin (40:03):
just spend.
Nah, man.
The, the, the first time that Igot my hands on, like, like a
good chunk of liquid cash, likethat, I didn't make right
decisions with it.
I was an idiot.
you can't.
Right?
I, I, I enjoyed myself.
I, I paid off expenses, dad, ofcourse.
And had a good time.
The second time, right.
The second time I was like, youknow what, let me put some of

(40:25):
this to work.
And then I went and had a goodtime too.
You
know,

Raymundo (40:29):
I ain't it all work, I had a good time either

dervin (40:31):
way, you know what I'm saying?
The third time, you know whatI'm saying?
More and like more and more andmore started to become like,
okay, let me put more to work.
Right?
That's what it

Raymundo (40:42):
is.
Cause, cause it started working.

dervin (40:45):
No, that's really the psychological hump though.
Like, like, like really, likeyou're all right.
I, I did this before, but thetruth, yo the truth is the old
you, this is gonna sound, thisis gonna, and I sh I need to
hear this because like, I feellike I'm at a threshold where
like I need to do, say thatshit.

Raymundo (41:00):
Take the next step.
Say that shit The

dervin (41:03):
truth is the old you must die.

Raymundo (41:07):
Wait, wait, hold up, hold up, hold up.
You just made me think of a gameof throne reference.

dervin (41:11):
Kill the boy.
Kill the, the old dude.
Yellow.
It's true.

Raymundo (41:17):
My fuck.
It's true.
Kill the boy and let the man's,he said let

dervin (41:23):
he, it's, it's something along those lines.
But I know.
Exactly.
Kill the

Raymundo (41:33):
Boy.
I was like, damn.
He want him to kill him A boy.
What type of shit?
He on tar and he was like, killthe boy and let the man, let the
man make the decision.
Some shit like that.
I was like, yo, game of throne.
Got a lot of fire.
Quote like that.
Yeah.

dervin (41:47):
What, what I mean is like, yo, the old you must die.
The old decisions that youwould've made some of the old
friends that you know might'venot been as ambitious, holding
you back, distracting you, ornot being as supportive or
taking you for granted.
All of that must die.
For you to like overcome andtake like the next step,
especially financially, Ibelieve, like this is not just

(42:10):
financial, this is for anything.
Like, you want to grow and likeimprove and like just personal
development.
Like the old you has to dieevery single time.
You gotta reinvent yourselfevery single time.
you gotta like, tell yourselflike, like when you come across
the same like, like Insanitiesdoing by definition, doing the
same thing over and over again.

(42:30):
You know how many people in thisworld are insane?

Raymundo (42:33):
Nah, bro, you, you talking to me right now, like
you're not even talking to theaudience like you talking and
I'm just, you ain't see me.
I'm like, I keep doing the samething, man.
Fuck.
And, and,

dervin (42:41):
and, and I don't, I don't mean like, there are some
things that you need to doconsistently, right.
For it to become a habit thatthen you can do unconsciously
and Yeah.

Raymundo (42:52):
But you know, but we know, we know what, we know what
you're talking about.
We know what we talking about.
We know the shit that, you know,that your conscious tell you,
yo, this is the same, this shitis gonna make you not do the
shit that you trying to do.
Stop.
And you Exactly.
Exactly.
And then you tell yourself somebullshit.
You be like, oh yeah, but thisis different this time.
I don't, I didn't have thatmindset.

dervin (43:10):
Like, no, yeah, you gotta kill that, that mindset is
so important.
Mindset is everything.
And me, I'm someone who, man,I've mentally, I've had some
challenges in my, in my liferecently, man, recently.
And like having a community.
Makes a difference and acommunity of people to like
sometimes when you're gettingyour ass kicked, you need to be
reminded like, yo, you know whatI'm saying?

(43:31):
And, and Right.

Raymundo (43:34):
Remember who youre fucking beat up Boo.
Baka, what did you call it?
Damn.
What's his name?
Baca.
Damn.
I forget to do from BlackPanther.
Baku.
Umba.
Baku.
Yeah.
Whoop his ass.
When you ever, you forget Thinkof that Black Panther.
nah, that's just though.
So on the road, two,generational wealth, so to

(43:54):
speak.
No.
Having different forms of incomeand who you were before you made
the decision of makinggenerational wealth has to go
away.
That person didn't do that now.
You have to walk in the steps ofthat person that's trying to
become that person that buildswealth and set it up in a way to
where everybody eats.
And it's part of a communitywhere when one falls off, the

(44:15):
other one helps, the other oneup.
No one will fall cuz everyonewill beat each other's crutches.
And you want to be in that typeof environment, that type of
energy man.
Cuz you know, mentallydistractions, anything can throw
you off.
And the being with the wrongpeople that'll tell you, yo, ah
man, fuck that.
Do that shit later.
Or fuck that.
Yo, you do that shit anothertime.
Or just come chill out.

(44:36):
Nah, you want somebody to belike, nigga man, get your, get
your ass the fuck up and getback to work man.
This is, this is what we do.
This is how we get money.
You need to hear that positiveshit man.
But side hustles, yo, there's somany ways to side hustle your
way to where you can.
Make the money work for you.
The equity.
More Mundo after this commercialbreak.

(44:57):
Was good.
Yeah.
I'm proud and happy to announcethat.
All three Patrion tears is up.
Each with its own.
Per can benefit.
You want more moon?
No, you get more mono.
virtual version.
I tried to be a little bitreserved.
You know, on the regularplatforms.
But each.
T it puts you more in depth.
With who I am and where I'm atto go.
So.

(45:18):
Sign up to the show.
Go to www.patrion.com.
A forward slash the Raimundoshow.
Sign up is pretty easy.
yeah.
And I'll see you there don'tjust meet me there.
Greet me So Snoop dog But anywayback to the show
And you got things like fiber, Upwork that you can

(45:39):
make money from to work on yourpassion, and then you can hire
people on there to help you workon your passion to free up more
of your time.
And another thing I wanted toget into so all, all this active
income, right?
We want to get passive, right?
We want to get into real estate,we wanna get into memberships
and shit like that intellectualproperty, like are, do you have
anything out like that rightnow?

(46:00):
Or plan to do something likethat, like a book or some shit?

dervin (46:03):
Book.
That's funny you mentioned that.
I am working on a book forsomething.
I'm not gonna get into that inparticular right now.
It is something more along thelines of history and research.

Raymundo (46:15):
Oh, real, real, real, real truth.
You got, you got real truth,Goldman

dervin (46:19):
But aside from that I am also a founder of a co-founder
of a, a DAO in the web threespace Dao standing for a
decentralized, autonomousorganization.
And that will be kicking offpretty aggressively just in
regards to a release leasing,what we've been worked on in the
new year in terms ofintellectual through our,
through what we've incubatedthrough the Dow.
I, I, I'd say you know, whatpeople will be able to access

(46:40):
through an NFT collectionlaunch, right?
Staking that asset that youinvest in through some of our
Dow tools and things of thosesorts.
I don't want to get into toomuch of it now, but we're, it's,
it's not the same as what a lotof other, these other Dow
projects are.
and it's a project of mine I'mreally excited about.
So that was the first thing thatcame to mind in terms of IP and

(47:02):
like trying, trying to ventureoff in, in that route and, and
put something out that peoplecould then engage with that
solves a problem.
It's not necessarily like putsomething out to make money.
It's, yeah.
You

Raymundo (47:13):
see Yeah.
To solve a problem when yousolve a problem, you never have
to sell it.
Yeah.

dervin (47:19):
Yeah.
I, I guess that's the

Raymundo (47:20):
pro the selling is solving the problem.
Yeah.
I mean, no, you still gottamarket.
Don't get it fucked up.
You still gotta market.
But your approach is amazing,bro.
Like, like yo people, I'mtelling you, people seeing this,
they should feel like they trustyou and wanna buy whatever the
fuck you got to sell.
Like, just saying, yo, yo, Icould just make money doing
whatever, but damn, I could makemoney to really help the

(47:41):
industry and be part of sometype of change.
that's when you're not workingno more, ladies and gentlemen.
That's when you just makingmoves

dervin (47:49):
for me, right, you know, I'm on this mission to
generational wealth as well, youknow, full context.
No, I'm not a billionaire.
Haven't had he's wealth yet.
He's on the path.
He's, he's establish that for myfam.
But I, I do believe that in theera that we're living in right
now, it is probably since theGilded Age.
When I say the Gilded age, Imean, I'm talking about

(48:12):
motherfuckers crossing bordersand burning shit down the sword
armor and accruing wealth thatway, right?
Yeah, yeah.

Raymundo (48:20):
You don't wanna do it that way.
Since

dervin (48:21):
time, since that time, the era we're living in right
now, I truly believe is probablythe easiest time to become
wealthy in accrue wealth becauseof everything happening around
us.
The conveniences which can alsobe distractions, but those same
platforms that enable thoseconveniences also can enable you

(48:43):
to access wealth.
Right.
Well said.
And as the technology evolveswith what's happening in crypto
and web three.
And I know some people mightfeel differently about that with
the recent news, with what'sgoing on with ftx, but FTX is
not crypto, so I'm not evengonna like, talk about that.
Like, that's not all of crypto,you know, that, that exchange,
that that CEO things going onthere.

(49:04):
Let's not even jump in there,but yeah, yeah.
Scary.
Please.
There's, there's just, you know,it, it, it, it doesn't matter
what it is.
I don't care if it, you're inreal estate traditionally, or
you're enabling real estate in anew way digitally, you know what
I'm saying?
Like whatever, whatever you'reinto we're in this era where
technology has enabled us to beable to connect and get exposure

(49:26):
in a way that's just.
It, it's so ridiculous that Ibelieve that this is the easiest
time right now in a long time toaccrue wealth to change your
situation.
And

Raymundo (49:35):
you can do it from the crib.
Yeah.
That's what's awesome

dervin (49:38):
about it.
And a, and you know what's,what's crazy is like how, how
long, like, are, are we on thecusp of another shift where like
this will change again?
Like how long will we have thisopportunity where all of these
things are just available to us?
Right.
Will it continue to pile on?
Maybe.
I don't think so, though.
I don't believe that's how theworld works.

Raymundo (50:00):
They don't like when we have too

dervin (50:01):
much.
Sooner or later a group ofpeople is gonna be like, what's
going on with, like, I'm not,I'm not liking all these bags
here.
There's too many bags

Raymundo (50:09):
going on.
You're like, another Airbnb.
What?
You're gonna put something onthat

dervin (50:15):
So for me, right?
Like my goal is to pay attentionto how the world is evolving and
changing and make sure I'mputting some of this additional
cash flow to work in a way wheremy fam is not left behind.
Mm-hmm.
Hmm.
if there's a drastic change inmy lifetime, that's where I'm at
right now.

(50:35):
Like that's what the pandemichas done for me.
Mm-hmm.
in terms of mindset you know,big tech this whole past year of
like layoffs and stuff, allthis, all these things that are
happening.
My mindset right now is like theworld is changing in our
lifetime.
It's also one of the easiesttimes to accrue wealth.
But like, how can I be mindfuland aware effectively enough to

(50:58):
like make the right decisions toposition myself and my fam for
the next 10 to 30 years becausethe next.
Immediate five years are goingto be really fucking weird guys.
Bro.
I'm saying that to the audience.
It's gonna be really Write thebook really weird.

Raymundo (51:15):
They're Durbin.
Write the book, bro.
I scare people.
Trust you bro.
I don't want, I don't, Iactually, I say I'm not
listening no more.
I'm not listening to MyronGoldman no more.
I'm listening to Derbin.
That's it.
Nah bro.
Nah, not I'm just kidding.
I like about it going but likewhen you look on how to do
business, one thing that saysthat you gotta be, you have to

(51:35):
be on top of the trends tosurvive.
Change is inevitable.
And you're, yo, you got thefucking financial, yo, you got
the financial binoculars like Isee in, I see.
Librium on Lithium is about tobe up.
I remember you told me that shitwas going up way before it went.
And that shit is up.
I said it wrong, lithium.
I made it, I dunno.

(51:57):
what's it called?

dervin (51:57):
Lithium or you, you're talking about like lithium?
The lithium the what's my like,like what's in our batteries or
Are you referring to E Ethereum?
Because if you're referring

Raymundo (52:11):
for lithium both.

dervin (52:16):
Both are, listen man, you both are in bad investments,
okay?
Both are in bad investments.
I'm pretty Ethereum cryptobased, I'm pretty sure close to
decent applications.
Ethereum right now and the webthree space and web three is the
next phase of the internet.
And it doesn't hurt to put somecash in there if a lot of what's

(52:36):
going to be built in the futuremight be on that network.

Raymundo (52:40):
And in what's Web three?
Web

dervin (52:42):
three, right?
So, What I was gonna say aboutlithium is that like anything
with the screen probably haslithium in it or lithium battery
in it.
Oh, okay.
So investing in in

Raymundo (52:51):
that definitely.
Oh, yeah.
Investing the thing that you useis a good way to start.
Absolutely.
The, what is it?
The Wall Street broker.

dervin (52:59):
What is Web three?
I like to, here's how I like todescribe Web three.
I like to describe Web three asthe next iteration or phase of
the internet worldwide web.
Right.
So like right now we're in a webtwo era where there's big
monopolies on like some of thesetech companies because of the,
the way that they are hoardingdata to sell products and
advertisements to us moreeffectively on some of these

(53:21):
platforms.
Right.
Web three gives us a means tocut those middlemen out in some
scenarios where they might actor be able to act maliciously,
whether that be in the financialspace with decentralized.
Means of access to financialtools like Duffy or you know,
smart contracts that cut outthe, the need for a, middle man

(53:42):
unnecessarily in, in somearrangements and things of those
sorts.
Essentially there's moreopportunity for you as a user or
creator individual forsovereignty, right?
A sovereignty and control ofyour own content how you
monetize that content and howyour data is used if you
understand the technology inparticular that this is being

(54:03):
built on.
For example, like the blockchainin itself, there's a, I feel
there's a pretty largemisconception that people have
that there's this privacy aspectto it.
It's not private at all.
It's literally a ledger.
It's made to track everyth.
Anonymity is not the same asprivacy.
And as long as you keep that inmind and you understand that
when you're maneuvering in thatspace, you should be fine.

(54:23):
And you should be able toidentify what to stay away from
and, and what

Raymundo (54:26):
to explore.
Damn, yo, what a fucking 50thepisode you'll be here dropping
this knowledge that I'm like,yo, I can, a lot of my episodes,
yo, you don't understand.
A lot of my episodes doesn'thelp me with my life, my own
voice saying, yo, if you lovesomebody you haven't talked to
them in a while, God forbidsomething happens.
I'm like, call that person rightaway.
Or I've been slacking, or I, orI've said I was gonna do

(54:47):
something.
I slipped up on it if I hearmyself saying it.
But this is one of those like,well, I'm gonna look back and
like, yo, after this episode, Istarted listening, following
trends, I started learning aboutweb three.
I started learning about thecultus.
Like certain things certainthings, the.
That can help me with my life,man.
And y'all listening, man, I hopey'all wrote a lot of shit down.

(55:09):
Cause a lot of this stuff isgonna be useful for the future
or can be useful for right now,but there's so much when it
comes to building um, financialsuccess so you can have a good
foundation for generationalwealth.
And one thing I wanted to speakabout briefly was high level
skills fucking right now whatyou call it, coding content
creation, which I mean, I don'tknow.

(55:31):
I don't know how to create mycontent.
I don't know how to create, Idon't, I'm not really, but I
feel like it, it is fun andcopywriting, YouTube, all these

dervin (55:38):
things right now.
So, so those are, those are all,all various different ways,
skills to like allow youConsistent means to access more
cash flow.
Cuz you have those skills, thoseskills are valuable to people.
You can charge people forservices, you can do all types
of stuff.
Right?
So more cash flow.
It's what you do with the cashflow afterwards.
Right?
Make it work, grow it.
Investing In terms of thegenerational wealth though,

(56:00):
there's an additional step afteryou've like gotten consistent
with all of that.
That I feel like is the hurdleand hum for people and it's
understanding how to un avoidtaxes.
I'm gonna be like super frankand straightforward.
You gotta, that's right on mylist to wealthy people.
Like that's a high level fuckingskill.
Like understanding that likethis tax shit it like, we don't

(56:21):
wanna pay it either.
That's the truth.
It was made, it was medicalbusiness owners and you pay a
lot of taxes but mm-hmm theyalso don't pay a lot at the same
time and they do so legally.
And one of the ways that folkslike once.
Gotten these high level skills.
They've used them as a means toaccrue more cash flow.
They've invested and they've putthat money to work, and now they

(56:41):
wanna protect their wealth.
what I've seen is just fromresearch and what I'm, I'm in
the process of doing right nowis just better estate planning,
right?
Life insurance policies thatyou're funneling through a
trust, right?
Some folks funnel all thebusinesses that they own through
a trust.
Some folks are, are paying outthese policies on their family
members and things of thosesorts through the trust.

(57:03):
Just so like beneficiaries, thetrust can borrow against it.
When the time is right it's, youcan get so creative with it.
But essentially that, that interms of passing down that
wealth over time, generation togeneration, doing so through a
trust.
as beneficiaries or even likehaving foundations where you're
funneling revenue to asdonations and then paying the

(57:25):
trust out from there like youcan get so crazy.
I know I'm confused folks.

Raymundo (57:31):
Those skills that are like high level skills that can
help you build bread make wellhelp you make money to add to
the income, and then learningabout taxes is another play.
Cause when it comes to having abusiness or, or being a
homeowner, they say the, thetaxes were made for them and re
you know, re definitelyRepublicans, you know what I'm

(57:51):
saying?
So,

dervin (57:52):
why, why you say definitely Republicans

Raymundo (57:55):
because they always wanna make sure their taxes is
not cut down and the Democratsis always trying to get some of
their taxes, so, you know,

dervin (58:03):
don't, especially when it comes to the taxes and the
financials.
I'd say don't, don't get toocaught up in the whole Democrat,
Republican

Raymundo (58:10):
thing.
Oh, no, no, bro.
Listen, listen, I'm, I don'tbelieve in any of them.
I don't believe in none of it.
Just when I think ofRepublicans, I think of them
hanging on to their money.
Cause the tax, cause the tax ismade for pretty much, I feel
like it's made for the wealthyor the, the landowners, the
business

dervin (58:28):
owners.
So as, as a, as a nerdhistorian, right.
I know that.
And we should, we should allremember that a group of folks
angry about taxes, Dennis said abunch of shit on fire at a tea.
Just as the taxes on theirconstitution afterwards.
Right.
Because that doesn't make anysense.
And I also know that it waspretty sure Mr.

(58:48):
Woodrow Wilson, who usedpropaganda.
And, you know, some historiansmight argue that he didn't use
propaganda, but I think it wasclear propaganda to miseducate
the people into believing thatthe act, he passed the Federal
Act, he passed changing the, theprimary source of revenue for
the government from tradetariffs to income taxes made

(59:09):
sense and was constitutional.
And that's why like, you know, Iguess we're in this predicament
right now where people have toessentially you know, find
various ways to, to get aroundthe extensive tax on earned
income.
But that's the reason.
The, the tax thing is a problemfor me.
Just understanding like overtime, whoa.
Like that the reason why we payincome taxes is, is because of

(59:32):
this dude and this act that hepassed, changing the primary
revenue stream of the governmentright.
From trade tariffs, which makessense.
Basically like, like fees thatyou would accrue and profit from
on trade, right?
Yeah.
To income taxes of your owncitizens.
So like whenever you hear likeall your income taxes and stuff

(59:54):
like that are covering theroads, roads and all that shit.
No, no.
You,

Raymundo (01:00:00):
you know what?
Wait, hold on, hold on.
Wait, I gotta, I gotta cut youoff, right?
Because when you were cut, whenyou were starring your thing,
I'm like, Is he trying to, whatis he trying to do right now?
Now?
And the more you're speaking,I'm like, yo, bro, we are the
same.
We are the same, bro.
I don't fuck with politics.
I think taxes is bullshit.
I just know we gotta find ourway to, to fuck with the system.

(01:00:21):
And, and if getting a L l C getin a business, get in a crib, if
that way can help us deal withthe bullshit, I'm with it.
But yo doing the research, Ithink what, when gold, when
money stopped being backed bygold, when the Federal Reserve
took over I know, I know.
It went from there to, I don'tknow.
I damn, I, I, I read about that,that income tax thing.
But this was, I did an episodeon taxes and I had a, I had a

(01:00:44):
whole segment like.
Smoking it, like pretty much, yothis is bullshit.
This is bullshit.
But then, yeah, I had anaccountant on it with my bro.
I'm like, I'm not gonna shit ontaxes and then have him as an
accountant.

dervin (01:00:57):
bro.
Bro.
Listen, man, the tax thing,especially here in the United
States is very interesting andit's something that we should
all collectively as a communityexplorer because I've spoken to
some people and I've found someresearch where like, you know,
some might argue that, and Idon't want to get you in trouble
on your podcast, but like,organizations like the irs, you
know, sometimes might notnecessarily like, you know, I
know some people that willstraight up call the IRS a

(01:01:18):
criminal enterprise and thatlike they, what they are in,
they shouldn't legally beallowed to do what they do.

The Federal Reserve too, I mean,

dervin (01:01:26):
not, not federal organization, but a clever name.
Yeah.
There's a, there's a lot of shitlike that going

on.
They're not even, they're noteven government.
not, not at all.
Not at all.
They make money out of thin air.
There's nothing back bondedbehind this.
It's all digital.
They pretty much, yo and I like,so I watch Impact Theory and
they, he had some financial dudeon there and you could tell that
the, the hose got nervous and hewanted to keep talking about it,
but he was like, yeah, theFederal Reserve, the ta, they

(01:01:53):
all ars r irs, they allcriminals.
They, if some of the things thatthey practice, if the normal
individual practice him, theywill be in jail for a long
fucking time.
When I heard that shit, I waslike, damn, I ain't look into
it.
But I believe it's like that,you know what I mean?
Like everything just set up acertain way and then, but you
gotta think about it, man.
Right.

(01:02:13):
Like and I, and respect to allpeople, man.
But you know what I'm saying?
My people, the way we got here,You know, slavery racism,
segregation, whatever the fuckit is, it don't matter.
Cause we gonna find a way.
Bring it.
That's why I be like, yo, bringwhatever.
We gonna figure it out,

dervin (01:02:29):
let's go.
Why?
Why do we always defer to that?

what we went through

dervin (01:02:34):
slavery.
You know what

I'm saying?
I, I don't, I don't always do.
But I love the fact that there'snothing that you can bring up
that we can't get through, thatwe can't find our way in it.
Like, is, is there a problem?
Feeling proud of that?
Talk to me.
Talk to, let me know youropinion.

dervin (01:02:50):
Nah, so, so come on, bro.
I, I'm, I'm Hasting You know thehistory, like I

Oh, y'all, y'all, we, y'all were the first to win a
fucking battle, right?
Some shit like that.
You just said it on my show,Haiti.

dervin (01:03:00):
Haiti is the first country to abolish slavery in
the Western Hemisphere.
And not only did they do so,against some of the, or all of
the world's powers at the time.
Under ridiculous conditionsbeing the wealthiest slave
colony in the Western hemisphereas well with I, I'm pretty sure
95% of the island were enslavedfolks with a lifespan on average
of about three years.

(01:03:20):
But essentially what they didafter defeating them was going
on a world tour and supportingand freeing others, right?
Like if you were experiencingoppression or you were fighting
for your independence, youlikely got support from Haiti at
the time, like, like on somereal life Wakanda shit.
Like, I mean, like gasoline sentout a message was, and to, to

(01:03:42):
the whole world, and was like,yo, if you're enslaved somewhere
and you escape, you are free assoon as you touch our soil.
And I don't give a fuck whatanyone gotta.
That's awesome.
Jean Dee.
There's also this crazy there'sthis crazy thing that I'd like
to say I, I call'em bullshitwhitewash historians, but these
dudes and gals, essentially,some of, some of them try to say

(01:04:04):
tons of negative stuff about theHaitian Revolution and its level
of brutality and that like, oh,they killed all the white people
on the island.
That's not even true, right?
Because there's, you can go toHaiti right now, and there are
towns in Haiti where theinhabitants of these towns look
like half white, you know, halffolks of African descent or, you
know, some type of AOC or, youknow, other melanated, you know,

(01:04:26):
descent.
Just being on the islands.
Mm-hmm.
And the reason why is becausewhen the conflict escalated
between the enslaved and theFrench, for example and Haiti,
the Polish and Germans on theisland actually defected and
fought with the enslaved againstthem.
when they won and Des wasratifying their constitution, he

(01:04:47):
put them in it basically sayinglike, you know, yeah.
Black now pretty much yeah, I'vestarted to go into like
historical nah, nah, nah.
I like that, that history isimportant too.
Like if you wanna understandlike the way things are from a
global perspective, howcountries accrued this type of
wealth and where the conflictsof interests are and the

(01:05:09):
relationships are, and how farback they go.
that I'm not saying everyone hasto do that.
Me, I'm really into that.
For my side project and thingsI'm working on, the history
stuff's important.
Can

you come back and talk about the book?
Absolutely.
Absolutely.
That shit sound, yo, bro.
That I don't know.
And the way you explain it, bro,sound fire, bro.
So I want to hear about thatshit.
I wanna read the book first comeon the show and we'll fucking.
Shoot the shit about the book,man.
I love, cause you know, I don'tbelieve in anything, bro.
I, I feel like if I, if it'ssomeone trying to tell me like
it's a secret something.
No, no, no, no, no.

(01:05:40):
Let me, let me reiterate.
Of course I believe insomething, but I don't believe
in the shit we was told growingup, you know what I'm saying?
The shit from school.
So I believe more like ifsomeone's trying to tell me like
they're wrong for telling me, Ibelieve those people So the
conspiracies, all that, whateveryou wanna call crazy bullshit.
I always got like a, a ear toit.
That's why like even though alot of people hat Kanye for that

(01:06:02):
shit, I, I saw what he wasreally trying to say.

dervin (01:06:04):
Kanye.
But that's Kanye, that's, it'san interesting conversation
right now.
No,

no.
Yeah.
Yeah.
The, the last, I can't even getinto it cuz this last thing that
he was on, I can't even, I can'teven give it energy, man.
But let's get let's get into thetrust fund, right?
Which is great that youmentioned that you could put all
your assets, your lifeinsurance.
everything and, and have aliving trust where you can reek
the benefits of the taxes whileyou are alive and also your

(01:06:29):
family can too.

dervin (01:06:30):
So it's like a think, think of it as like a financial
arrangement or agreement or it'sessentially an arrangement where
a third party can hold on toassets and you can give the
rights to those assets tobeneficiaries, right?
Mm-hmm.
and that, that trust or actedparty Businesses and, certain
policies through your trust.

(01:06:51):
And then allowing beneficiariesof your trust, i e your
children, their children, and soon and so on and so on, to bar
against the assets from thetrust policies from the.
People pass away their expenses,things of those sorts.
Obviously those policies come inhandy.
But there are things thathappen, right when people
transition in life.
Banks get involved, all sort ofstuff.
And a lot of people don't havetheir ducks in a row when it

(01:07:11):
comes to like, estate planning.
And that's,

it's an estate planning.
Think

dervin (01:07:16):
that you need to be super successful and old and
like, have a bunch of assetsalready to get started on this.
But actually the trick is theearlier the better.
And like when you're accruingthese assets and funneling them
through this, you know what I'msaying?
Like for me, I want to, I want afamily, like family of my own.
I have a family, you know whatI'm saying?
I'm, I got a lot of siblings.
I'm getting my ducks in a rowwith this.

(01:07:37):
I'm collaborating with mysiblings and making sure that
the beneficiaries of the trustwe have together are their
children and my eventualchildren, right?
Like, awesome.
But, but, but you, you gottastart.
Yeah,

you gotta start.
I heard you can start with threeto 6,000 which I feel like is
not too, it's not a big price topay to make sure everything is
taken care of, God forbid.

dervin (01:07:59):
Yeah.
You can act depending on likewho you're meeting with and just
partnering with you for thisestate planning.
You know, a little less thanthat.
Especially if you go the routeof running like a, you know,
long-term or short-term termpolicy, like life insurance
policy through your trust to getstarted.
And there are certain likepolicies that you can get set up
in a way where like you'repaying like 25, 50 bucks a month

(01:08:19):
cause I'm not even crazy.
Whatever you can afford to aaccrue and growth the policy
over time.
Some people try to say thatlike, term life, life insurance
policies are a scam and they'renot like dope and stuff like
that.
I personally believe that like,some term policies are okay,
like, like having some termpolicies to cover like,
mortgages and shit like that.
Like if somebody was to passaway, like all of that is really

(01:08:41):
smart.
Yeah.
Yeah.
And

mean.
You can, I don't even know ifyou could separate it like that,
like just for your mortgage,just in case you passed for
this, for that.
Yeah, yeah,

dervin (01:08:50):
yeah.
Because like the, the banks willcome and take shit, you know?
Yeah.

This happened

dervin (01:08:55):
to trust, trust are, are, are, are great ways to, to
just protect your family'sassets.

Protect Yes.
Will Will's trust.
So will I, I remember I used towonder what was the difference?
The will, it takes place afteryou gone, but the trust is
handled actively and after, andit just brings everything
together.
Chadwick recently, I, I think heforgot to do one of them.
Either he forgot to do a w Idon't know, he forgot to do one
of them, that his wife onlyended up getting like 1.5 and

(01:09:23):
they got tax.
Cause if I'm not, if I'm notmistaken, when you pass your
creditors and people you owemoney, have a, a certain claim.
To your, to your wealth.
And IRS will des they will takeas much as they can with
everything, man.
It don't matter what it is.
even in a, a moment like that,you going through some shit,
they still want they bread.
They don't give a fuck aboutyour tears or none of that.

(01:09:43):
So it's definitely, when youthink about, when I think about
trust fund, I think aboutprotection.
me giving the fuck about myfamily more than me.
But right now I'm doing it tomake sure they good, bro.
Cause yo, if I don't get to bethe best every, if anything in
my life, as long as I got to bethe best dad and made sure that
I, that they taken care of youknow what I'm saying?
For the, for the rest of theirlife.

(01:10:03):
that's the whole objective ofeverything.
You hear me speaking, you hearme putting, you see me putting
skits together, you see me?
I'm learning.
I'm reading, I'm fuckingbuilding.
I'm doing whatever it takes forthat.
Cause I feel like, what's itworth if you, if you can't leave
it behind, you know, forsomebody?
Cause we can't take it with us.
So, yeah.

dervin (01:10:22):
I mean, I'm so, I'm so happy you said that because um,
yeah, you know, like I mentionedbefore, I'm like a history nerd
too, right?
And, um mm-hmm.
you know, the reason why thereare so many things, at least I
believe the reason why there areso many things that we can't
explain, right?
All over the world.
Monuments, sites, locations,things left behind right.
Is because that is what we aresupposed to do.

(01:10:44):
We can't take anything with usbecause the point is to leave
things behind, like to guide thenext, to support the next, to
make sure like the, the wrongpaths aren't taken, or whatever
path you choose to take you, youcan have that choice.
Like, getting down to the, thenuance of that.
Yeah man, I, I totally agree.

(01:11:05):
You can't take it with youbecause you're supposed to leave
things behind.
That's the whole

ation the whole point.
At the same time.
You don't wanna use that to notmake sure you do stuff while you
here, make it great while youhere and then leave it great for
those who gonna continue in yourpath, man.
Cuz well

dervin (01:11:21):
make it great work here.
And then, and then leave itbehind like, yo, listen, this is
how I did it.
Yeah.

hopefully we got that fucking Tony Stark technology
where I pop up in 3d like, likeBiggie did it in the hologram,
Or Tupac like, yo, listen I lovey'all 3000 but y'all better keep
my

dervin (01:11:38):
money intact.
With everything happening withmixed reality ar vr, I'm sure
people will be popping up asholograms in people's homes and
shit.
Like, yo bro, you play need atFaceTime.
Very

Oh yeah.
A new, a new iteration of pornyou know, you gotta throw a porn
in there.
let's put like, for the culture.
So some social media dude waslike, yo, fuck the culture Cause
the culture give you an excuseto do some bullshit that, you
know, you shouldn't have to do.
You don't need to be doing thatshit, but always for the

(01:12:12):
culture.

dervin (01:12:12):
man, what, what, what is the culture right now?
That's, it seems like theculture's always changing.

Yeah, man.
That's what it is, man.
It just, it's just good stufffor ba stuff.
But yeah man, we, yeah.
Talking about the trust fund towrap it up

dervin (01:12:24):
I wanna, I wanna make sure that the, like audience
understands, you know, I'm, I'm,I'm referring to like a trust in
terms of a state planning, likea trust account.
I hate the sound of trust fund.
Because it's like,

well, you sound like Richie Rich

dervin (01:12:39):
It's, it's an estate planning tool as well.

Yeah, that's, yeah.
That's what the trust is.
Yeah.
But by definition, thatliterally what it says in the
definition estate planning tool,I was like, oh, I didn't know
that Nah.
But yeah, it's important tohave, man.
Cause you, you heard of theRockefeller method?

dervin (01:12:55):
No.
I'm familiar with the

Rockefeller though.
Yeah.
Yeah.
I mean, I try not to reallymirror what they do, but their
method is, example, I have atrust that my gr my kids get
right and then I, I gotta set upfor my grandkids, so then when
they get of age, they set up atrust and, you know what I'm
saying?
So it pretty much everygeneration after them gets hit
twice., with a trust fund andeverybody borrow it is like you

(01:13:19):
become your own bank cuzeverybody got a trust.

dervin (01:13:22):
That's the whole purpose of it.
And that's what, that's what Iwas referring to.
Right.
That's wild though.
It's, it's essentially makingyour family beneficiaries of the
trust running businesses, lifeand term policies, things of
those sorts through the trust.
It, it's almost as if you,you're, you, you don't actually
own that stuff.
It's owned through the trust andyou're just a beneficiary.

And that's why you can, you can tax defer because
you can say, you can separateyourself from the trust and put
it on the trust.
And the trust already comes withtax benefits.

dervin (01:13:50):
These, these, these concepts are, are what our
community needs to beat thesystem.
Exactly.
This is what we need to like, beon the same page about
understand to, because that's,that's what other communities
are doing.
And not always, they're notalways sharing those tips.
Nor am I saying that they needto, but like the information's
out there.
and it's on us.
The onus is on us to do thingslike this, have those

(01:14:10):
discussions, and make sure thatwe're taking that knowledge and,
and, and applying it.

Holding.
Yeah.
Make sure that you sharing theRaymundo show with everybody,
you know, you know, just, justyour cousin, your aunt, you know
what I'm saying?
Yeah.
Yeah.
Your moms, everybody.
Everybody can, you know, as longas they don't mind hearing a
little f bomb every now and thenbetween some positive shit, you
know what I mean?
Which we all need a little bit.
And it's been scientificallyproven that fuck does it is a
stress reliever.

(01:14:35):
A stress reliever.
So, that's another story.
But so yeah, get your estateplanning on.
Talk to an estate lawyer, dosome research.
Whatever you want to changeabout yourself, do research on,
I like that.
19.
He says, whatever you want tochange, do research.
You wanna stop smoking, doresearch, you wanna stop
drinking, do research.
That should give you a whole newdifferent perspective.
And then take your plan.

(01:14:55):
Find the right person, just likea therapist that is gonna make
you feel comfortable.
And I feel like they make ittough because the tougher they
make it for us to do somethingthat's gonna protect us the
better it is.
And, you know, one of those, Ibelieve that they really, they
make it easier for certainpeople.
but whatever, whatever's toughin this world is worth having

(01:15:16):
and we need.
Get into these communities oflike-minded people that, that
are talking about these.
Like, I want to be in the balltalking about yo some trust fund
this or some yo po.
Yo I got what my nigga, myinsurance is a hundred k dude.
Oh my shrimp is 1.3 pussy.
What's up?
Like, you know what I'm saying?
Let's start talking shit about,let's talk crack jokes about
some financial shit.
Like what?

(01:15:36):
You only got a a two familyhome, you bum ass I got a six
family home on fuck

dervin (01:15:43):
That, that, that com, that competitive nature does get
some people going, you know, andhell yeah.
It takes me back to, you know,the emphasis I was trying to put
on how much, how beneficial itcould be from being in the right
community of people, you know,building community.
So you got a close, tight-knitgroup of friends and they're
just as ambitious as you andhave the same aspirations.
And, and then some hold eachother accountable, like

(01:16:03):
accountability partners.
Like, let's get in each other'sass and make yo know

what we supposed to do.
Der gonna be like, yo, I'll dothis episode with this
motherfucker.
Now he gonna keep asking mequestions.
I'm gonna be hitting him uplike, yo son.
Do they do this in yourcommunity?
Do they do that?
No, but yo, where everything'shappening, this is my signature
question cuz this kind of like,even to this day, kind of still
fucks with my life a little bit.
what role does fear play in yourlife?
How do you look at fear?

dervin (01:16:34):
That's all I can say on it.
Everything there.
E everyone experiences fear.
It's, it's a part of humannature.
For.
it propels them forward.
And for others it keeps themshackled down in both instances.
It's a lie.
It's just when you decide to payattention or not.

Yeah, the front I don't know what you're doing
with the podcast, but you needto keep doing it.
You're fucking informative.
Sense of humor.
You good, bro?
Like you, you got it, bro.
Like, especially everyone gotthey thing, right?
Even if you don't know what thefuck I'm talking about.
Or like, my, charisma's gonnakeep you listening.
Right.
But your knowledge, bro.
The way you speak about shit islike, you was there when they

(01:17:12):
wrote this shit, and that's thetype of people you wanna fucking
listen to.
I wanna a, I wanna listen to theperson that was, I feel like he
was there when they wrote theshit, you know what I'm saying?
Like,

dervin (01:17:20):
I got Thank you, bro.
I appreciate that.
I appreciate that.
A to

of course, man.
How can people that heard thisand then yo say, yo, I want to
hear more of him.
I need to follow him.
His journey.
What, what, where could they go?

dervin (01:17:31):
So you could follow the Growing podcast at Sound podcast
on ig or check us out on AnchorSpotify, synonyms of Sound, Tony
and Dov.
That's the name of the podcast,synonyms of Sound.
You can follow me on Instagramat Durbin evolve.
You can also check out what'scooking up with my Dow project

(01:17:53):
at our diaspora on Twitter,along with our diaspora.xyz as
the web through website.
You can also check us out onWord Cell, which is a content
publishing platform in the webthree space that's censorship
resistant.
And you can check out DiasporaDoo and what we're publishing on
there in regards to ourresearch.

(01:18:13):
You could follow me on Twitterat Forge which is literally four
zero rge.
Just getting back active onthere.
Don't really like, you know, saydo too much, but we'll start so
soon.
But if you are didn't catch allof that or don't wanna like, I
guess, play it back, follow meon IG at Durbin evolve, check
the link in my bio check out,you know, some of the stuff in
there, whether it be like the,the galleries of like digital

(01:18:36):
assets that I put out publiclyor links to some of my other
projects that I mentionedbefore.
That's probably the easiest wayto, to get to everything else.

Cool, cool.
Well I wanna thank you, man, forbeing on the show.
Like what I mentioned earlier,you captured.
You know what I wanted theepisode to be about was dope
too.
Y'all ain't know I put theepisode together around just
what I assumed he was doing andjust from what he posts, he po
you know, he posts what he doesand not, it's not always like

(01:19:05):
that for everybody on Instagram.
So, you know, don't do that witheverybody, but there's certain
people you just know and like,just speaking to him and him
confirming everything just letsme know I'm good at, I'm good at
what I'll do, man.
But yo the knowledge things thatyou spoke about I didn't like, I
never heard or heard in thatway.
You're gonna help a lot ofpeople get a a lot more
financially literate.

(01:19:25):
Just from the knowledge that youhave.
Man,

dervin (01:19:27):
for real, man.
I, I, I hope so.
That, that isn't like, you know,I don't sell courses.
I'm not a teacher or anythinglike that.
I just took a journey myselftook the same journey with a few
other people.
So far I'm progressing and I'msharing that.
And anyone can do it andeveryone should take the
initiative to try because theworld is changing.
And I'm gonna change with it forthe better and make look at that

(01:19:50):
look is, is straight, you know?

and thanks for bringing up community the way
you did.
Cuz like, I feel like peopleoverlooked that networking
community is so important, man.
And having the right knowledgewith the right people, taking
the right.
That's when the old you reallymotherfucking diess like gets
cremated, toasted And then thenew you and the new you.

(01:20:13):
That's built a generationalwealth making moves, putting
your family and friends on, andonly having high level
conversations like this oneright here, which is the 50th
episode of the Rayo Show.
It was an honor to have youhere, brother.
You did your thing.
I appreciate you.
We gonna stay in touch, man.
yeah, we going either, either weget back and talk about the book
or there's gonna be a time thatwhen you back here we talking

(01:20:35):
about success of we'll do

dervin (01:20:37):
we'll.
We'll, we'll do both.
We'll do both.
And I haven't mentioned this,this book project to anyone yet.
This is an exclusive one here.
Like even like some of thedevils I'm working with on the
Dow.
Don't know about this.
But yeah, I am cooking up a bookof my album I think people will
enjoy it.
Can

can you get, can we get a title?

dervin (01:20:53):
I already gave you the title during this during this
segment.
On this episode you

did, but for the people that didn't hear it, the
old You Must Die Oh no, that'sthe title.
The Old You Must Die.
Oh, that's fire bro.
Cause I'm over here thinking I'mlike, dang, he said it.
What type of hosts are you?
I'm not, I'm not even

dervin (01:21:16):
kidding.
Like it really is like bro.
I think I'm, I'm in that zoneright

now.
Yeah, but you know what's dopeabout that though, on the first
episode of this year, seasonthree, the Transition.
I spit a poem at the end calledr i p to the old me that I wrote
when I was 24.
That's fire So check that outwhen you get a chance.
Yeah, man.
And keep support, man.
Keep doing your thing and, andkeep, keep influencing, keep
inspiring and.

(01:21:43):
and keep looking out for them.
Trends, man, you, you, there'strendsetters and there's trend
finders.
You'd rather be a trend findercuz then you could be a
trendsetter.
Appreciate you.

(01:22:05):
Leaving behind the legacy makesyou a legend.
cause like the second amendment,you have the right to protect
yourself, but most importantly,your family.
When you're constructing a planto build generational wealth.
You get to beat an architect.
It's easy to see the bigpicture.
When you got the blueprint.
All these home.
When you create.
You can pass down like asyllabus in the classroom.

(01:22:26):
It's not a handout.
Well more like a helping handyou decided to make something of
yourself.
And got off the grim socialmedia rehab.
Because you could see that.
You could be the firstmillionaire in your family, but
not the last.
If you learn to share.
Like a post in the flow or thealgorithm.
You can have a rhythm that yourpeople can rock with.
No more dealing with nonsensemore dollars because inflation

(01:22:49):
is affecting the nation.
But you can't let it happen tothe future, your family.
We all have to feel like it's upto us.
So when we get together, Itwon't just be a get together.
It will mean that we got ittogether.
For something that people talkabout For your life to be the
reality.
Of other people's thoughts.
Hopes and dreams.
Where'd you get the pass down.
Knowledge.

(01:23:09):
Ways to do things.
From one generation to the next.

(01:24:04):
Thank you for tuning in.
To the 50th episode of theRaimundo show.
It's really like the a hundred.
But who's counting.
Me right.
This was a great season.
I learned so much, went throughso many changes.
And I'm still here.
Trying to get to the top.
Of a field that I love verymuch.
I've grown a lot.
Now I'm just trying to take itto another level.

(01:24:27):
I love what I've seen in mymind.
But now I'm ready to bring it toreality.
I like the dank durva for doinghis thing on an episode.
And dropping that knowledge,man, that.
He was able to.
Mention this stuff that if I wasalready in the, in the game, I
would have definitely.
Been able to elaborate more.
But thank God I had him.
But yeah.

(01:24:47):
I don't know when the new seasonis dropping.
And stay tuned.
I want to make sure, I thinkeverybody who was a part.
Of making this season.
Great.
I love y'all all the guests.
My support squad.
We did a brooklyn Lynne.
But so next year, Peace loveMundo out

All Episodes

Episode Transcript

Popular Podcasts

Stuff You Should Know

Dateline NBC

Las Culturistas with Matt Rogers and Bowen Yang

.css-15opob5{left:0;position:absolute;top:0.8rem;} All Episodes

.css-14f5ked{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:2;overflow:hidden;}Generational Knowledge

Episode Transcript

Popular Podcasts

.css-r6mb8g{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:1;overflow:hidden;}Stuff You Should Know

Dateline NBC

Las Culturistas with Matt Rogers and Bowen Yang

All Episodes

Generational Knowledge

Stuff You Should Know