Episode Transcript
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(00:01):
Living the life could buy whatever i want and then
to go flat broke i have to sell my stuff move back home to
the neighborhood with bars on the window gangs, drug dealers, etc it was a humbling
experience so as i went and lost everything i had to move back home with my
mother yeah i never forgot that i was like okay that kind of pissed me off and
(00:23):
i said okay i'm gonna like i'm gonna figure this out.
Music.
Welcome back to the Fired Up Podcast.
We've been off a little bit for the summer, but we are back with another exciting
episode with another inspiring entrepreneur.
But before we get into that, I want you to know that Reignite,
(00:44):
we've rebranded the community a little bit, not just for the tech entrepreneurs,
but really anyone in technology, software, and growing a business,
whether you're a sales professional,
you're in delivery, you're running the business, we have a lot of interesting
content coming out and really growing that community.
And we're really looking to also tell the story of people that are 10Xing their
(01:06):
business and their life. We'll continue to do that on this show.
And today we've got a guest who is 10Xing the world of personal finance and investing.
Just an all-around great guy. You're going to love this story.
I want to introduce to you my guest today, Jason Brown, founder of the Brown
Report and Power Trades University.
Jason, welcome to the show. Brad, excited to be here, man. Loving all the 10X
(01:31):
branding you got going on.
Yeah, I love having you here, man. This is great. I mean, we talk about 10X
in your life, your business, and how to just think big.
Everything about you from what I've seen and our interactions just really exudes that.
And I'm excited to have you on here. I think your story is going to inspire
a lot of people that are thinking about starting a business or even starting
(01:54):
their journey in investing and just really don't know where to get started.
And so I'd really like to kind of start with you there and understand how you
got started in investing and sort of why you started making this your life's business.
Yeah. Well, again, thanks for having me on. And I hope that this episode helps a lot of people.
(02:14):
When I think about when I got started in the stock market, it kind of goes back to my youth.
So we grew up pretty poor, born and raised Detroit, Michigan.
And, you know, to my mom, I always say no disrespect. We had love,
we had food, we had God, she took us to church.
We just didn't have any money. We didn't really have any kind of financial investing
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training, but we had all the other things.
And so when I was little, you know, one of the first things that made me realize
that, you know, we were poor or kind of from the other side of the tracks, I'll never forget.
I went to my best friend's house and I'm probably like 13 or something at this point.
And I was like, man, wow, this is exciting. You have a bed.
He kind of looked at me like, like, yeah, of course I got a bed.
(02:58):
And I was like, well, you know, we got sleeping, we sleep with sleeping bags.
And so I thought you get a bed once you become a grownup Because I thought,
well, you got a job, you need a good night's rest, so it's important that you have a bed at that age.
But probably just didn't realize, you know, we couldn't afford a bed.
And that was the first time I realized the difference between me and someone
(03:19):
else's financial situation.
Maybe because he got two parents. Maybe that's it because my dad passed when
I was two in a car accident.
At that early age, I was basically always aware. I started to become more aware
of finances and the have, the have-nots, or different lifestyle.
As we grew up poor and a little bit below middle class, I would say I was starting
(03:43):
to research, like, how do we make money? How do we change our financial situation?
Watch my mom work two jobs, and everyone would talk about the stock market. I want to say everyone.
I mean TV, stuff you see on the news, newspapers about how the the stock market
is doing. That's how people create wealth.
And you would hear stuff like, had you just put, you know, $2,000 away in GM
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back then or Ford or, you know, as these newer companies start to come up, Microsoft, Google,
Apple, you would have been a millionaire in 20 years or 30 years, 40 years.
And so I'm like, well, why don't everybody do that? Why don't I just put $2,000
away, come back by the time I'm 40, 45, 50, I'd be a millionaire.
So at 18, I took my graduation money. It was $2,000. Cause where I'm from,
(04:27):
if you graduate from high school, that's a celebration.
You didn't get locked up. You didn't get nobody pregnant. You didn't get killed in the gang.
It was a celebration. All right. But get college, just to get you through high school.
And so we did this big high school graduation party. I get $2,000 roughly.
And I'm like, all right, I'm going to invest. Here's my $2,000.
So I go to the bank. I'm like, Hey, I want to invest.
(04:49):
Girl's like, what's your goal? I'm like, to be rich.
Is there any other reason right at the
time i wasn't thinking like i guess people invest for retirement i
don't know i don't know what else but i'm like to be rich if
you get rich that take care of yeah what was the reaction she gave you there
i mean like you know just walk in like my goal is to be rich i don't know what
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she was thinking she's probably like this little kid you know yeah and so she
just asked me do you want to so you want aggressive funds that's really the
only two questions she asked like what's your her goal. I'm like, are you rich?
She's like, so you want aggressive funds? I'm like, yeah, I'm 18.
I want aggressive growth. I want aggressive funds. That was it. She's like, okay.
For her, she probably just made her commission for the day. She got a walk-in
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account that opened it that just walked in right off the streets.
That was it. It was very anticlimactic. I was like, so that's it?
She's like, yep, here's some paperwork.
We sign here. You get a statement every three months. I was just like, okay, I'm investing.
Right. What did you buy? What was your first stock? Do you remember?
(05:55):
Well, that's the whole thing. I didn't buy a stock. I guess I bought until like
a mutual. Oh, got it. Whatever the funds the bank sells.
I really don't know what I bought. I guess I bought a mutual fund or something,
whatever they sell you at the bank.
And that's the thing. I'm like, I don't get a stock certificate.
It was like, here's our aggressive growth fund and have a good day.
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I was like, all right. I was like, yeah, all right. Well, I'm investing.
Come back two years later age about 2021 like
how's my investments going now mind you they sent me a statement but
like i didn't know how to read it so i come back two years
later like how am i doing it's just like it's down
to 700 and like my heart like draw because
man i thought she was going to be like you're at
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four thousand six thousand i thought i was on my way
you're walking in man like how much what do we got you know
ready to and and wow okay yeah
i'm like i followed the blueprint i took two thousand dollars
i put it away i come back in 20 years it should grow
and so i looked at her and i was just like i thought the professionals don't
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lose money i don't know what she said to me i think she might just shrug their
shoulders like look i don't know what to tell you mark goes up goes down yeah
so i literally said how do i withdraw my 700 i'll do this myself.
So i withdrew 700 closed the account spent 200 on some jordans or something
to make me feel better because I was like, if I lose all my money,
(07:20):
at least I bought something with it. I bought some Jordans or some Nikes.
And so I got 500 bucks. So Brad, I'm working for Sprint PCS at the time.
I'm making $8 an hour selling cell phones on a Saturday.
Sending them, you know, if you go to Best Buy, Sam's Club, Costco,
hey, who's your cell phone provider? We got good deals. That was me. I was that guy.
And so I'm like, if I can, I made 64 bucks on a Saturday, take taxes out,
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50 bucks, take home. I'm like, if I could just make $50, dollars.
Once a week, then I won't have to work Saturday. So I had 500 bucks.
Our stock was $5 a share. I'm like, perfect.
I'll buy a hundred shares. And if it just moves 50 cents, I'll,
you know, like I'll make 50 bucks.
That's all I wanted to do. I'm like, that's not unreasonable.
50 cents. I'm not asking for a lot.
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So I bought at $5 a share.
And basically the stock immediately starts to fall down to $4 a share over that week.
And I'm like, oh my God, I'm not as smart as I think I am. Maybe this is harder than it looks. Yeah.
And so, but then I'm like, all right, everybody says you got to be in it for
the long term. Don't panic. I'm like, it's only been like a week or two.
Chill out. So stock makes his way back up to $5. I'm like, here we go.
(08:31):
Now I'm about to make my 50 cents.
If it goes to $5.50, stock fell again down to $4. So now I'm pissed.
I'm like, the stock market's rigged. That's why they wanted my social security number.
They know I needed to go to $5.50 and won't let it go there.
Share. So I'm just irritated.
Stock goes back up to five. And this was like the pivotal moment for me.
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I was like, I've seen this before.
So I was like, I'm going to get out at $5, break even. Stock fell down to four.
I'm like, I'm going to get in at four.
It went back up to five. I got out, I made my first $100.
I didn't know if you drew that out on a piece of paper that would be called a channeling stock.
And so I spend the next few months just researching patterns and stocks and
(09:14):
trying to see what other patterns exist.
I get really good at flipping my $500.
Then all of a sudden Sprint was too expensive for me to afford.
And I was like, I saw other stocks doing similar patterns, but I couldn't afford
them. So I'm like, how do I get more money into the machine?
And I have a scholarship to the Michael School of Business, Wayne State University
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here in Detroit, Michigan.
I saw my friends getting student loan check refunds,
And I'm reading Rizdorp, Dad, Poor Dad, the audio book around this time.
He talks about how money is not what you see with your eyes.
If you stop working for money, you'll see money all around you that you didn't notice before.
So I kind of took that to heart. And I was like, wait a minute,
people are getting their student loan refund check, but they're going shopping
(09:58):
with it, stuff like that.
So I go call up. I didn't call up. I scheduled employment, go see my academic
advisor. I'm like, I have a scholarship.
If I apply for student aid, how does that work?
She was like, well, they're going to apply your scholarship first because it's for books and tuition.
Then they'll apply to student loan.
You'll get a refund if you want to use it for room and board.
I'm like, but I live at home. They're like, well, if you want to move on campus, I'm like, bingo.
(10:22):
So I knew I would get the $10,000 refund check. So I put it in the stock market.
At this time, I'm using options because I realized I can't afford some of the
higher priced stocks. So I started trading options.
Then I had $10,000 to trade options with.
And that allowed me to grow my account to like 100, I think 113 to $120,000
(10:44):
as a 21 year old college student.
And that was the first time I ever made big money.
So I dropped out of school and then I became a full-time trader after that.
Now it wasn't smooth sailing, but that was my journey of getting into the stock market.
And I know we said, we might want to talk about some failures.
There's definitely some failures after that. So I don't want people hearing like, that was it.
(11:08):
And you were just racing from there.
Yeah. Been a rich man ever since. No, it's good.
And I do want to get into that a little bit as well. Cause I think,
you know, we hear a lot about the success that people have in the stock market
and people love to talk about their winning trades.
No one likes to talk about the losses.
(11:28):
And, you know, I'm kind of curious as, as, you know, what point that you,
you threw this up and down, did you start to get the picture that,
yeah, I got more winners than losers here.
I might've figured out what I need to do to, to make, cause you,
you're, you're now somebody that other people look to for investing advice.
And you've got a really strong platform forum with power trade university,
(11:51):
teaching people how to get into the market and do it successfully.
So they don't have to learn the hard way that you did, but I got to imagine,
you know, your road, you didn't have somebody teaching you, you had to learn
through the school of hard knocks.
So I'd be interested to hear a little bit about that.
Yeah. So it was totally the school of hard knocks and trial of era of just like,
I would just look at these patterns all day long until I, I would look at stocks all day long.
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And then I eventually realized I was I was looking at patterns,
I would draw them out. I was like, it went from this price.
I had a little sheet that I was drawing it on. So I recognized that once I was
dropped out of school after making a hundred, over a hundred grand.
I'm full-time trading for like three years. So I run the account up to about
a quarter million dollars. I was living off about $50,000.
I had about a quarter million dollars going in the year three.
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And so I'm like, I'm going to buy a condo downtown Royal Oak.
Cash money is half a million dollars. It's one of the hottest places to live at the time.
I want to buy this condo, cash money, half a million dollars.
I risk a quarter million dollars trying to make half a million dollars and I lose it all.
Most money I've ever lost in my life at one time.
(13:02):
So I pretty much lose a quarter million dollars. I'm flat broke.
And I'm like, I got to get a job and I got to move back home.
And so, you know, people say like one of the toughest things is not having money,
like is being broke is not that tough because you don't miss what you never had.
But to have a taste of success, have a taste of money. I had a Lexus GS 300, 20-inch rim.
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Moved out to the suburbs. I'm eating good, dating all kinds of girls,
living the life, could buy whatever I want.
And then to go flat broke, have to sell my stuff, move back home to the neighborhood
with bars on the window, gangs, drug dealers, et cetera. It was a humbling experience.
So as I went and lost everything, I had to move back home with my mother.
(13:48):
What happened was I was really big into to personal development and reading books.
I used to listen to Jim Rome, who would talk about take a picture.
It's not always going to be like this document so that if someone asks you how
you came through this tough time, you'd be able to tell them.
So I said, I'm going to do one better. I'm going to record myself making the money back.
(14:09):
So I started recording, I started documents selling my stuff.
So I sold all my furniture, everything, selling my car.
So I documented that, I just started recording it with my little Sony camera,
not to be released to the public, just for my own personal archive.
Then when I moved back home, I said, well, people lose money all the time,
(14:30):
but how many people get back up from it?
So I was like, man, anybody can make some money and be like,
look at me, follow me. I made money, but how many people can lose it and build it back?
So from that moment, I said, I'm going to record myself making it back.
Back and I started a YouTube channel.
So when I finally got a job, I was joking with my buddy at work.
I'm like, so I'm recording myself making this money back.
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I lost it. He's like, you should call it like Jason Brown reports.
And I was like, yeah.
Then we settled on like, how about the Brown report? I'm like,
yeah, I'm Jason Brown. I'm sharing my report.
So I started a YouTube channel called the Brown report, just documenting my
videos of like trades. I was finding, making my money back.
(15:13):
I eventually get out of debt, get back on the fast track.
Pay back back taxes and stuff like that. That's a whole nother story.
I got bad tax advice. I heard I didn't have to pay for three years.
What they really meant was they don't come after you for after three years.
So I had a tax lien on my name. Credit was shot, everything.
So I worked my way out of the hole. Let me back up for a second.
(15:36):
When I had to get a job, my mindset was I'm going to get a job doing something
I know, which is selling cell phones. So I went to go work at Verizon.
Number two, I was like, I want a job where I could live off the hourly and I
could take the commission and reinvest it.
So I was taking my commission and putting them back into the stock market.
Number three, I was like, it's going to take me five years prior to get back
(15:57):
on my feet, get out of debt.
I also wanted to find a job that had tuition reimbursement and they had tuition reimbursement.
So I actually went back to school to get my bachelor's in finance.
So that was my mindset. And then while I'm working this job.
Talking to my buddy, we created, he was like Jason Brown reports.
I'm like the Brown report.
And I started uploading videos of me making this money back and getting back on my feet.
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And from there, people would say like, how are you finding these trades?
You know, what made you buy that? Why'd you sell that? How'd you know to pick that stock?
And that was about the time where I started to say, I know how to get a quarter
million dollars in the account, but I'm like, how do I get a million dollars in the account?
I would be able to afford all kinds of stocks.
And I was like, I wonder if people would pay me. Cause I started looking at
(16:44):
different courses and seminars and I was like, I know as much as they do.
It's like, I wonder if people would pay me for my stock market,
not advice, but education.
Cause I'm not a licensed financial advisor, nor do I want to be once I found
out how much they silenced those people.
But I wonder if people pay me to teach them what I knew, what I learned from
making it, losing it, making it back.
(17:04):
That is how the business was born.
And people would ask, what type of trading do you do? Because when you tell
people you trade, they always say, are you a day trader?
As if that's the only type of trading.
And I would say, no, I'm a power trader. I find these unique patterns,
and then I put a lot of power behind it, meaning a lot of money or a lot of options behind it.
(17:25):
And that's how Power Trades University was born. It was like, I'm a power trader.
I'm I'm going to teach people how to power trade, which is, you know,
how we joked before we started.
He's like, you got six monitors and power trading is not about looking at 50
different stocks and staring at it all day. It's about.
Learning a few patterns and then waiting for those patterns to develop.
(17:46):
And then you put power behind it and then you let them mature and you go out
and enjoy your family, the boat, golf, and regular life instead of just sitting
here staring at stocks all day.
Yeah. And that's what power trading is about and how it got started.
That's great. I mean, to go and find that as, as a path back to success really
just says a lot about your, your mindset and just your, your mental toughness.
(18:11):
Is that something that you've sort of picked up along the way?
Because a lot of people, you know, would get to that low point and just it's
bad news from there on. I mean, they're just not coming back.
What did you have to draw from in either your, you know, your past experience
or just life that allowed you to dust yourself off and even to have the confidence
(18:35):
to say, I'm going to record this, right?
Not only do I believe I'm going to make it, I'm going to record this.
On YouTube to show people that, that tells you you've got confidence that it's
going to be a positive outcome.
Yeah. You know, a few things come to mind. Cause I think about that too.
When I get asked that I did a live event here in Michigan, we do a,
we do a three-day stock trading live event once a year for members of our community.
(18:59):
And I actually show the video.
I never showed it publicly, but I do show it at our live event.
I show the video of me moving back home in like this little square of a room.
And I'm like, the bed's like a twin bed and you can barely turn around.
There's a little desk right there. If you sneeze, you just bump into something, right?
(19:20):
And I literally in the video was like, right there I'm gonna build the brownreport.com.
I'm gonna record these videos and teach people about the stock market.
I think if you look at me in that video, you would say.
Like you said, what was this guy thinking? He doesn't look successful.
I got bags under my eyes. I just look beat down. I'm broke. I'm moving back in with my mom.
(19:43):
I just think part of it is you got to be a little bit crazy.
At least people call it crazy, but overly optimistic.
Sometimes when you're just down and out, all you have is hope.
And I think that's why people unfortunately commit suicide. I think that's why
people make some super poor choices because once they lose hope,
they're like, what else is there to live for? What else is there to get out of bed for?
(20:05):
And I think I just held on the hope for dear life. I just was like,
I hope this works. Hope I'm right. Hope this comes out to be a great story someday.
But to sit here and say, I absolutely knew back then, like I didn't know.
I just, I just knew if I quit that, that, that there would be nothing that would
change. And I just held on the hope for dear life.
(20:26):
The other thing is I was in network marketing and they had us reading a lot of books.
And I'm so grateful for that, that in network marketing, you really work on
personal growth, talking to strangers, learning how to read people.
And I was just read so many books about don't think and grow rich and read failures
from Ford, read failures from some of the greatest people and listen to Rich Dad Poor Dad.
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And a lot of it, you know, they had the story in there about three feet from goal.
So there's a lot of little stories about how people's greatest success came after failure.
And I believe a lot of that really helped me.
Like, okay, there was a story about the hero's journey that I learned.
It was like, okay, what would Warren Buffett do?
I'm like, well, if Warren Buffett quits, he never becomes a billionaire.
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I'm sure he's lost a quarter million dollars before.
So I had to hold on to a lot of that mindset stuff. I'm like,
well, if you quit, you never know who Jason Brown gets to become.
There is no Brown report. There's no power trade university.
I didn't know it would be called that at the time, but if I quit,
I never get to find out who I become.
So I really held on to a lot of that personal development stuff and just said.
(21:32):
Anybody could lay down and cry and complain and quit, but like,
let's see what you made of. Let's get back up. Let's fight. Let's claw. Let's scratch.
And I'm like, you're only 25, dude. Like this can not be the end.
So I just, you know, I was thinking all those thoughts at the time.
Like, like let's, let's start climbing out his hole by now so that by 30,
we can be back on our feet.
(21:53):
I just stayed positive, held on the hope, held on to some of the things I read
in those books. And I was just like, let's go.
That's amazing. And to have the, you know, just that part of you that is going
to hold on to the positive side of what you've experienced and all the positive
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examples that you've read,
you just studied and see it as a path forward really just speaks to,
you know, your, your mindset and your, your mental toughness.
So I think it's something that, like you said, you still felt like you had time
and you still felt like this was not the end of the story.
And I think it's important for people to hear that just because your present
(22:37):
reality doesn't meet the expectations you have, there's more to go.
And it's up to you to decide if there's, you know, what that story looks like.
And you took an active role and just said, this is not the end of my story.
And look at where it is now. I think it's probably something you could also
reflect on seeing where you've come to now.
(22:58):
If you look back on that journey, is there anything you would change about how
you got here or do it differently?
I wouldn't change a thing. And when you're going through it,
you're like, I would change all of this.
Right. But when you get on the other side, you're like, that is actually what
made me like what made me such a humble stock trader. what made me a humble
(23:21):
coach, what makes me be able to talk to someone who's lost.
You know, if you lost over a quarter million dollars, I don't know if I,
you know, but anyone's lost a quarter million dollars. I can look you in the eyes.
They look, I know I get it. Yeah.
Like if you lost a hundred thousand, 50,000, anything under a quarter million,
I'm like, look, I, I understand if you had to move back home with your mama, I understand.
(23:44):
And so I think it's just what makes me so powerful because when I talk to people
who are like, in order to do that, I might have to sell my car.
I'm like, look, I have to sell my car, my dresser, my mattress.
All right. Them people on Craigslist stripped me of everything.
Right. Yeah. But I had to sell all my stuff. I needed to raise some money to
pay off my credit cards, pay back taxes, and I had to move home.
(24:06):
But it just makes it such a powerful dynamic to be able to look somebody in
their eyes and say, I did it.
It's not the end. You can keep going versus me saying-
I took $500 and I started making money. I took a $10,000 loan and I never looked
back. It's been great ever since and I just keep making money.
Yeah, it's more genuine. It's more relatable and people can kind of understand
(24:26):
that you're not asking them to do anything you haven't already done yourself times 10, right?
I mean, you've gone through, if they think, man, I've lost, you know,
10 grand, dude, try losing a hundred grand, right?
Or a quarter of a million. And so you, you've definitely got some perspective
that other people would, would miss out on if, if you had just gone straight up the whole way.
(24:49):
Absolutely. I know what it feels like to be like, what are my friends go think?
I mean, trust me, that all went through my head. Yeah. I just was like,
what did they go think in five years when I reemerge? Right.
So I just, I had to, I thought I went through everything that most people go
through. What are my friends go think?
I'm embarrassed. Just starting the third.
And I just was spinning. I'd be like, I'd be embarrassed if I don't sell everything
(25:12):
and start building back.
I'd be embarrassed if I don't make the decision to turn around in four or five years.
Like, that's what you should be embarrassed of. You shouldn't be embarrassed
that you're taking the steps to correct yourself.
And I think that's what gives me that kind of boldness now. I really look at
things like, no, like I'm doing things to better my life.
And if you can't rock with that, like, then get out of my way.
(25:36):
Even trading in the stock market. Anytime I lose money, I think like...
You know what I could be doing with the money where I'm from?
I could be buying dope, selling drugs, buying guns, prostitution, strip club.
Like, you know what I could be doing with $10,000?
I lost $10,000 trying to invest.
Are you going to rag on me for that?
Because where I come from, I could be pushing dope in the community and buying
(25:58):
eight balls and ounces of weed, right?
So I really try to think about, even when I lose money now, I'm like,
I'd rather lose money trying to invest. best, that still makes me a better person
playing a better game than versus what I could be doing based on where I came from.
So I just try to spend everything positive, man.
And I hope others listen to this. Think about that too. Like you should never
(26:21):
feel bad about trying to better yourself.
Never. Even if it's not working out how you're supposed to, if you go to school
and you flunk a class, you should be like, but I'm in school.
I'm actively trying to get my degree. It's going to take a little longer.
I got to repeat a class. Yeah.
You got to hold on to the fact that you could be doing something super negative.
You're trying to do something positive. And yes, it got some bumps along the
(26:43):
way, but I'd rather be playing this game than the game that I see people getting locked up playing.
So that, that's just, that's how I look at things.
Everything's an education, right? Everything's a learning experience.
And when you treat life that way, you're not, nothing's a loss.
Yeah. You're always a winner.
You're always coming out on top. I'm either, I'm either winning or I'm learning.
(27:03):
And in this case, you know, you're always coming out ahead.
So that's great. I mean, so turn, so turn it around then a little bit and talk
to me about what you're most proud of kind of stepping back and looking at everything
that you've built now with the power trade university,
the Brown report, and, and, uh, you know, the hundreds of students,
maybe thousands that you've got that are learning how to invest and better themselves from you.
(27:26):
What, what, what do you stand back and, and, and, you know, take stock of here?
So much that comes to my mind. My proudness comes in categories.
And so if I look at categories of things I'm proud of.
This is just my story, just being young, being Black from Detroit to be in the
Millionaire's Club and to build a financial house where we're not in debt.
(27:50):
We own our house. We have a house on the lake in Michigan paid off. Our cars are paid off.
I was able to retire my wife. She was a juvenile probation officer.
So she dealt with kids getting locked up and that was super stressful to be
able to give her the opportunity to come home and be with our two kids.
They're out there plan right now.
That's something I'm just super proud of. I was like, man, when I have kids,
(28:12):
I would love to be home or present during the day, be that dad that can go on the field trips.
And my daughter, she's five and a half. My son just turned four.
So like, they're just kind of getting into school and like, we're free during
the day to go do some of that stuff.
So from a like lifestyle standpoint, I'm proud of that.
From a business standpoint, people say like, I didn't understand this until
(28:34):
I found your videos. I heard about this or I tried this, but I didn't understand
until I took your course.
And so to see the people that are moving forward in the industry that they were
this close to giving up on because somebody else tried to make it all fancy
or sound smart and talk over their head.
And then they found me and was like, I finally get it.
I'm super proud of the people that get it that I don't know if they would,
(28:56):
if I didn't have the confidence to put out my content, put out my courses and
put out, you know, the information that I do about, this is for everybody.
Anybody can do this. You don't have to be good at math. People are like, am I good at math?
And yes, you are good at math. Nobody goes to the grocery store,
something that costs $5, you give them a 20 and they say, you don't got any
(29:17):
change coming back. nobody says, okay, that sounds about right. I'm not good at math.
Like, no, you'd be like, no, I got $15 coming back. So we are selectively not good at math.
We want to say we're not good at math when it comes to the stock market,
but just making this accessible for everybody is something I'm super proud of.
And more recently, something that I'm proud of is, you know, my story.
(29:39):
I actually am in the process of just finishing the book that should be coming out next year.
And it has a little bit more details about the story, our system,
our methodology, and just to be in a position where it's like,
wow, I'm about to add, it's kind of like going back to school.
I didn't need to go back to school, but I wanted to finish what I started.
And so I wanted to go back and get my degree.
(30:00):
And it's like, you know, I look at my degree on the wall.
It's like, nobody can take that away from me. Even though I don't work for anybody,
it's like, you can never take that away from me. So people would be like.
Well, I hate school. I'm like, I wasn't a fan of it, but I still finished it.
Right. So I feel like I can still relate with people. Even though I was making
money, I went back to school.
I feel like it's the same with being an author. I'm like, wow,
(30:21):
once I published this book, that's just one more thing that no one can ever
take away from me. I'll always be a published author.
My story will be out there. My kids can read the story. They can say my dad,
if they have kids, my grandpa wrote this book.
So it's just a cool legacy piece that's documented and won't get lost with,
it, you know, some stories get lost with the person who's telling it because
(30:41):
they didn't document it anywhere.
Yeah. I'm just so cool and proud that we're documenting the story and that's going to be coming out.
So those kind of categories of proud that I feel right now as I look back.
Yeah, that's a great, that's a great journey to take.
And you should be proud. I mean, the things that you've accomplished,
but, you know, I think you touched on it more importantly, the people whose
(31:04):
lives you've touched and you can look and see what you've helped them accomplish.
It's, it's something that's remarkable to look at the, the way that you came
from starting where you did and learning some of the things that you did to
say, I think I can be successful at this and actually proven that you could,
but then to have to start back at zero and come all the way back through that.
(31:27):
And, and, you know, it's not one of these guys that, like you said,
is on social media talking about, Hey, I made a few bucks, follow me,
like my videos, buy my course, and it's never been tested.
You know, your, your whole method's been tested to the, you know,
nth degree and, and to see what you've actually accomplished,
(31:50):
not so much even professionally, but I think personally,
because you've got an attitude about this that I think is lost in a lot of the
traditional financial world where they do try to make it too complicated.
They try to make it something that's not accessible to everyone.
And you've done the opposite. You've shown that it is accessible,
both the mechanics of it, but then the lifestyle that comes from it is something
(32:13):
that is accessible no matter where you are in life.
You can always start with some amount and you can always do something to better yourself.
And I think that's what to me speaks to more people than I think most get a
chance to interact with in your world in terms of finance.
Yeah. And that's important to me because I mean, I talk about this in the book,
(32:37):
but we had all that. I mean, I got stories upon stories.
What I didn't tell you is when I was first looking for a job again,
I was like, well, since I'm passionate about finance, I won't say the name of
the bank or the company and investment company, but I went to go try to get
a job as a financial advisor.
I was studying for the series six 63 test.
And basically I went to their open house and.
The guy basically gave me a form, white guy gave me a form.
(33:01):
I was probably the only black person that they gave me a form.
It's like, you need to be able to fill this out front and back with people that
have at least a quarter million dollars of cash or X amount net worth.
And I'm like, I don't know nobody with a quarter million dollars of cash.
And if they do, they ain't telling me.
And he literally was like, I don't know if you'll be successful here.
(33:21):
And I asked the guy, I said, well, then who talks to people like us?
Us and he kind of looked like i don't
know but not us yeah i never
forgot that i was like okay that kind of pissed me off
and i said okay i'm gonna like i
would figure this out without having a court i'm like who has a quarter million
dollars now i know people have a quarter million dollars but is that where i
(33:45):
was like we ain't got no quarter million dollars i'm like so can we never invest
and so that kind of pissed me off too yeah that's also why i was determined
to figure out how how to do it with like a small amount of money.
Cause I was like, man, people don't just be walking around with a quarter million
dollars in their bank account.
I'm like, how do you even get a quarter million? It's funny now that I ended
up losing a quarter million, but you know, it's just, yeah.
(34:09):
Funny how things work out. But I was like, how do you get that kind of money?
Yeah. And so I never want someone to feel like if I don't have a couple thousand
dollars, like hopefully I'd show where you can start with a couple thousand dollars.
Cause when the compounds over time, it can grow into a quarter million,
not like in 24 hours or a week, but if you give it a year or two,
(34:30):
if you're aggressive enough, you can grow it to 50, a hundred grand.
But I never want people to feel like, because I don't have a quarter million, I can't start at all.
And so that's why I'm passionate about sharing. Like I started with 500 bucks.
I love telling that story, but my expectations, I was only trying to make $50
too. Some people come in with 500 and they wonder why they're not a millionaire.
(34:50):
I'm like, I was just trying to to make 50 bucks. Like you can't go that far
with the 500, but the key is getting started and letting it grow and then add more money to it.
Yeah. And that's great. And you were able to use those early years and those,
those smaller amounts to learn, you know, and so that that's, that's important too,
that people sort of discount that fact that, that you're learning along the
(35:11):
way and you're going to make some mistakes and you need, you need some,
you know, a bankroll to sort of get there.
But I think the thing that's great about the way you approach this is,
unfortunately, and I've had friends with some other successful financial advisors
that do high net worth advising and are great individuals and their businesses
(35:31):
serve a lot of people in the community that are building businesses that employ
tens of thousands of people.
So it's good that they are providing the right advice for those types of individuals.
They also do their company 401ks. And so they need the right people in those positions.
I don't want to discount that. Probably a state plan and stuff like that.
(35:52):
Yeah, yeah. That's important. And I think.
Even that aside, what you're doing is providing that gap because unfortunately,
in the world of financial advising, the people
that I think need it the most are the ones that get the least attention and
thought about how to give them the tools to step up and be that quarter million
(36:17):
dollar client that can go into the big firm and get some kind of attention and financial advice.
You're, you're showing that, um, it's accessible at every level.
And I think that's important.
And to your point too, I just want to, you know, make it clear to that,
you know, me and financial advisors, we're not at odds with each other.
There's a, there's a need for financial advisors, a need for wealth managers.
(36:41):
Those are all different things.
People intertwine them, use the terms and changes.
No, there's wealth managers, there's financial advisors, there's hedge fund
managers, there's debt consolidation and credit repair.
There's all kinds of levels of people that have a purpose.
I hope to be, as I continue to build my wealth, I hope to have a wealth manager
and be on that side where I hire somebody that knows some stuff that I don't know.
(37:05):
But for the little guy getting started, just like you said, most people don't
want to talk to him. Yeah.
I think the little guy needs to understand too, that doesn't make them bad people.
I never felt like they were bad people.
Once you understand the game, you're just like, okay, now I understand how to play it.
Cause when you understand how they get paid, they get 1% of an account.
(37:29):
So, I mean, if you got a thousand dollar account, what are you going to make
a penny off you or something like that?
So like that, they can't feed their family as
a financial planner by going after a bunch of people who
got a thousand dollar account either so you know
you got to understand the industry so sometimes we also got
to play the game with the cars with
(37:49):
dell it's like okay i can't get a financial advisor but i can watch this guy
jason brown on youtube and see how i can least start kickstarting my 500 to
a thousand now we obviously have programs where we got people who have a million
dollars plus in our program in our elite program but we have something from
the guy who has a couple thousand dollars all the way up to the guy or girl
(38:10):
who has a million plus now.
And I just think it doesn't make people bad people.
You just have to plug in wherever you're at and use those resources to graduate through the ranks.
No different than McDonald's isn't a bad company. It's a great for a 14,
15, 16-year-old. And then they even got people 40, 50 that are managers.
It's not a bad company, not a bad place to work. It works for certain people,
(38:33):
but you can't be upset if Morton's Steakhouse isn't come trying to recruit the McDonald employees.
They got a different business model and we have to understand that.
Yeah, that's a great way to point it out.
And, you know, given the, the just variety of people that you interact with
and that your company serves, it's been a great story to see the growth that
(38:54):
you've had personally, professionally.
I mean, where do you see it going from here? What's the next step for you?
For me, you know, I'd look at the business like I'm trying to be the next lynda.com.
So people don't understand lynda and lynda.com. It's because it no longer exists
because lynda got bought out by LinkedIn. You remember?
(39:14):
And then LinkedIn got bought out by Microsoft.
But lynda.com built that educational platform.
Her passion was in teaching and to bring the world together and make knowledge accessible online.
And so I look at our platform, PowerTrade University like that is like,
how can I translate this in the Spanish?
(39:35):
How can I translate the courses in the Chinese?
How can I translate them into Japanese?
You know, how can I go worldwide with bringing this education?
Because everybody wants a piece of the U.S. economy or the U.S. stock market.
And even if they don't, there's a stock market in their country that they're investing in.
And so I'm like, how can I become the Linda.com of the stock market where we
(39:57):
teach day trading, swing trading, 401k investing, retirement planning? How do we teach Bitcoin?
That's something we don't teach right now or cryptocurrency.
I see so many areas to expand into where I don't necessarily have to be the teacher.
I can bring in a crypto expert. I can bring in a wealth planning or 401k expert.
(40:19):
And And how do we build this wealth of resources under one roof?
So that's kind of the vision that keeps me waking up every single day versus
saying like, oh, we live an okay life. We're okay financially.
It's like, no, how do we help more people in different languages access this information?
And then how do we help more people on our own soil? Because most people probably
(40:42):
still haven't heard about Jason Brown and the Brown Report of Power Trades University.
It's not like we're a household name. So we still got work to do here.
And then I'm hoping the book also helps get the word out that it's possible for anybody.
So those are just some of the things that I'm excited about and see, you know,
waking up, pushing every day while I still got the energy and the passion and
(41:06):
the blood flowing through my veins.
That's great. And can't wait to see that develop for you, the book,
the, you know, different platforms, different courses, and just everything,
different languages. That's, that's great.
So if people, yeah, it would be awesome.
That's, you know, and who knows with, with all the, you know,
advances we're seeing technology, AI, you might be able to put that out there faster than you think.
(41:30):
For people who are inspired by what they're hearing and want to get involved
and learn a little bit more about your programs and just start their own investing
journey, what's the best way to get in touch with you or learn more about the
Powertrade University?
Yeah. So the best way is to just go to thebrownreport.com. That is my personal brand homepage.
(41:51):
And from thebrownreport.com, you can see our YouTube channel,
LinkedIn. You can see more about PowerTrade University.
We got a couple of free resources, the Stock Market Starter Pack,
the Stock Option Starter Pack for those who either haven't got started in the
stock market or they got started, but they don't understand options.
So everything is pretty much at thebrownreport.com. I just really hope that
(42:13):
your listeners feel inspired to take control of their finances,
regardless if they feel like they're good at math,
regardless if they feel like they're older and they feel like they don't have much time left.
You have, as long as you got air in your lungs, blood in your veins, you got enough time.
Just stay positive and hold on to hope and just keep pushing forward.
(42:35):
That's the message that I hope I sent and that's the one I hope was received
from your listeners today.
Yeah, it's a great message. I really appreciate everything that you've been
able to talk about, taking us on the journey that you've gone through financially,
personally, professionally, and just giving people no matter where they are in that spot of life.
(42:56):
And it could be up on a pretty big high or, or a pretty low,
low, but man, to know that you've been on all of those places and,
you know, there's always a path forward.
I think to me, that's one of the more inspiring things.
It's been great to have you on. I really appreciate you kind of going into those depths with us and,
(43:19):
and showing you know even my i've learned
a lot just in talking to you here about the mindset
of investing and sort of what you have to go into it expecting realistically
and i i would i imagine
too that anyone listening to this knows that this is accessible to them no matter
where they are in life and i think that's important so thank you absolutely
(43:42):
brad thank you for having me on absolutely all right well great i'll leave it
there this has been the fired up podcast i'm your host Brad Reba reminding you
to stay fired up and go do something great.
Music.