Episode Transcript
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Speaker 1 (00:00):
Real fun with Mario a little Pez.
Speaker 2 (00:03):
Mario Lopez joining me now on Zoom from Shark Tank,
the founder of Fo Boo. My guy, Damon John, Welcome
back man.
Speaker 1 (00:09):
How you been man, I'm excited to be here. Man.
You know, I saw you the other day at the
fight looking good. Man. All you know it's saw with marks.
It's great to see people man, you know, doing their things,
still being out there, man, living the best life of it.
Speaker 2 (00:23):
Try, man, try and try. And you know, your work
hard and your play hard, as long as you keep
up that balance. And you, sir, have a good balance.
You've dropped a new children's book titled Little Damon Learns
to Earn great title. What inspired you to create this?
Speaker 1 (00:39):
Oh? She was talking at a little bit more hold on,
you know, I got so so by the way listen
that you have me and echoing all the time and
trying to improve our you know, our kids lives and things. So,
first of all, the book came out hit Amazon number one,
uh and in the country for about I Think about
a Thing that happened. That means mentally number one in
(01:00):
the entire world all books period, right, awesome. New York
Times Bestsellers three weeks now. Why am I saying that
because America has voted, Because this is the only book
out right now publicly recognized that talks about entrepreneurship and
how money works for kids in the system. The reason
I created it, I was talking to my little girl
reading her books, and I was tired of reading her
(01:23):
books about baby. One day, a prince is going to
come and save you and with the glass slipper and
maybe you got to live in a castle, throw it
down your hair or your wig. Maybe a key was
in the wig. I have no idea, and you better
not live with Steven Dwarts. So I want to show
her and our little boys too, you know. I want
(01:43):
the prince to come into her glass slipper store or
factory and say, Wow, who owns this? I do, and
I'm going to start you up at minimum wage. Hey,
that's what it is. Man.
Speaker 2 (01:54):
I love this, and I wish there was something like
this when I was a kid. I'm gonna totally get
it for my kids, because that's irony in our education system.
They never teach you how to balance a checkbook, how
to save money, just any sort of infrastructure that has
to do with finances. Well, what is a good age
to start teaching your kids about money and the.
Speaker 1 (02:16):
And the value of it. Mary, you know, I don't
know how many financial and the states you made, but
I almost from bankrupt twice when I was broke and
bank almost from bankrupt once when I had ten million liquid.
You are absolutely you brought up a very valuable point.
They do not teach us this to school, and we're
a country of renters. The reason why they don't teach
us this is school is because we're still working off
(02:38):
of a system that was created seventy years ago, which
was the industrial system. We were building ships we will
go in a war, and so they taught us trains,
and they taught us also how to be good employees.
And so when they don't teach us this now, well
in Mario, you know, at seventeen years old, there's are
getting into five to seven hundred thousand dollars worth of
(02:58):
student debt for career. They don't want to eat, they
want to have and they won't pay that off until
their pity is the sixties. So when should you teach it?
When you teach them sports, when do you teach them music?
Do you teach them how to play football? At eighteen
years old when they have some six foot seventeen ashy
(03:21):
guy chasing them on the you know field for a
football and crush them. Or do you start teaching them
at five and six and seven you teach them how
to pay a piano and at eighteen and put them
on a state and go go ahead, start playing.
Speaker 2 (03:34):
Hey, why's my guy gotta be ashy?
Speaker 1 (03:35):
Though? Oh you're ask when you're six foot nineteen. Yeah,
rub all over that.
Speaker 2 (03:41):
But that's no, you're right, I you know, and you're
exactly right because I'm exposing him to all and I'm
trying to teach it. And it's I love my kids.
Get me old your kids twelve, nine and three, and
the twelve and nine. The three year old, you know,
he's a hot mess at the moment, But the twelve
nine year old, I'm so proud because they they see
(04:02):
because they're growing up very different from when I grew
up Bordertown kid with child of immigrants, and that's one
of the things you don't want to spoil them. But
at the same time, you want to be able to
you don't want them to have the same experience like
that you had. And so it's a tough balance, and
I try to teach them the value of the dollar,
and it makes me problem and they think, oh no,
I don't need that.
Speaker 1 (04:20):
I already have this.
Speaker 2 (04:21):
Or when their grandparents give them a little money, they'll
save it and they're proud of saving it and stuff.
So I'm going to totally get that book, especially for
my nine year old. Do you think this children's book
is a one time thing or could there be like
a series or more of these in the future.
Speaker 1 (04:36):
Yeah, yeah, you know, so Hortum is going to be serious.
But I think you're absolutely right. So so I have
two older girls, and I wouldn't have really, I wouldn't
realize that I needed this because my oldest girls the
same thing with you that you are doing with your children.
We can't give our kids adversity, and every parent listening
right now we want to. We want to give our
children what we didn't have, but we don't want to
(04:58):
give them everything because you've given them everything. You make
them the poorest person in the world. And when I
tried to teach my oldest girls financial intelligence, I didn't
have it. You know what I said, You want to
get a car, you go work and I'll match it
fifty percent like that. I remember saying to somebody the
same thing, and you know what he said to me,
You want to do it riding around the thirtieth safest car.
(05:19):
And by the way, you're not teaching the financial intelligence.
You know what you teach them. You teaching them hard work,
very good.
Speaker 2 (05:25):
That's important too.
Speaker 1 (05:26):
And I realize one hundred percent right, and they're very
good girls. So that's the thing today. You got to
you gotta give them the listens to hear the best
thing about the book. Unlike parents, I read Cash on
the raw, I read it once, throw it away. What
the hell am I listening? We're looking this for. Well,
if you think about a child five to ten years old, right,
(05:46):
they want to read dragons and tapos, great books like that.
They want to read it every month. Daddy read me that.
Oh man, Daddy read me the book. And so when
you read them this book every month, they want to
read again. And what happens just like as our parents said,
does hey, hey, you keep lying? Remember what happened with
the Boy who Cried Wolf? Well, when they read this
book and they go, daddy, mommy, you know I want something.
(06:08):
You know what you say? What ad little Damon and
his crew do to earn it because remember everything that
you buy, you can sell, everything you do for free.
You can get paid for and let their mind work
because they are not jaded like you and I. Right,
I love that. I love them.
Speaker 2 (06:27):
Man, this great stuff right here. You've also got a
new podcast that moment with Damon John. What is this
particular show about?
Speaker 1 (06:36):
One day maybe I can trap you to get onto podcast.
So the podcast at that moment with Damon John is
you know, thank God, I lived a lot of lives
and very successful and I get on podcasts and you
know how it is you and I and all of
us we get into our motible. That's the quick answer
for that. We get asked the same thing, Damon, what
is the best thing you did on Charttangle? Your worst deal?
And they get they ask you the same thing. Mario,
(06:57):
I was feeling be this, But nobody digs deep into
where was Mario with that moment of life when he
was transitioning. Nobody was messing with him. They told him
it was crazy. What was the song at that moment
that uplifted you? And who was your girlfriend at the time,
who was your parents at the time, who didn't believe
in you? What was your favorite cat? What, how did
you see yourself in your lowest moment, and what is
(07:20):
exactly the thing that may bring you through that moment.
And it's the moments that we look at and reflect
of that people touch on you like, holy yeah, you
know what at twelve years old? That did happen? And
that person may have passed away in my life when
that person came into my life and that moved to this.
So it's really getting narrow and deep on one or
(07:41):
two or three or five moments in your life that
you reflect off. Oh I'm sorry, I'm not talking about
the little thing I got to take my hand you
reflect on and I'm taking really amazing journeys and making
me go back and reflect. Holy crap, where was that?
Where was that the first time I saw Mario? What
did I What did I think? And when I really
(08:01):
realized that that man has pivoted in times? Technology changes
people this that so it goes really deep into that,
so we can try to at the end of the day,
the listener says, I can use that for myself.
Speaker 2 (08:16):
You know, very cool stuff right there, and I'm sure
very therapeutic. Puts everything in perspective, and of course it
makes me want to ask a question, what was the
moment that sort of changed everything for you?
Speaker 1 (08:27):
David? You know, I'll bring this up because I didn't.
That's fun they aired before, because that's how as I
started to take this rabbit hole, you know, journey with
other people. I was talking to someone the other night
and I want to bring it back to and this
(08:48):
is not something that I one of my agens that
is privately, but mental health. So I remember there was
a young lady in my life and I worked in
real osta and she happened to that I knew, and
she happened to take her life. And I realized at
that moment the mental health was the serious matter, and
that you know, when we all grew up, boys or girls,
player on this and that, and I realized that you
(09:11):
should never take somebody's emotions for granted. Now we are,
thank god, at a better day and age where you
realize that a person that you may be, you know,
not treating well can come back and do things that
we should never consider to themselves and to other people.
But it was that moment in my life that you know,
(09:32):
people look at me, oh you other people strike your kind.
I'm kind in a sense because I also I may
be able to make deals on shows and TV and
stuff like that, but that doesn't make me. If I'm
somebody's boss, that doesn't make me a better man or
woman than that person. You can be a waiter at
a restaurant and I respect you just as much. I
may ask you to bring me this and that, but
(09:53):
that doesn't mean there's any difference in who you are
as a human being. And I think that that altered
my life to and you know, growing up in the
hood and growing up around rappers and all this kind.
You gotta have a hard shell and you gotta be
doing that. It made me a better person, which then
in return started to bring more value in my life.
It was all because of that person, and it was
(10:15):
all because of understanding and mental health, which was a
taboo many years ago, something that should be addressed today.
Speaker 2 (10:21):
Good stuff, man, really good stuff. Enjoyed talking with you,
and congratulations on the book.
Speaker 1 (10:25):
I'm serious.
Speaker 2 (10:26):
Want to check that out. The name of it is
Little Damon Learns to Earn. You can get that?
Speaker 1 (10:31):
Yeah? Here, where is it? I think I have to
Hey go, this's one of my only copies. There it
is there you go. Look, oh, so we're talking about it, Mara,
Why didn't he ask me about the hat?
Speaker 2 (10:40):
I just want to know, Well, I just thought you
were you were getting your Abraham Lincoln on and what
sort of educating us? What was what was the deal
with the hat?
Speaker 1 (10:51):
Now? Yeah, you're your nine year old twelve year ol
couldn't care less about my ten thousand dollars tom board suits.
So when I talked to that kid, he'd then be like,
huh or her when I was hat Bico, you cann't
teach me magic. Yeah, I'm gonna show you how to
disappear out of daddy's house at eighteen years open. You're
gonna make enough money or turn one dollar into three dollars. Hey,
do exactly what you want to do with the rest
(11:12):
of I'm gonna show you some magic.
Speaker 2 (11:15):
That's what I've said. Hey, that is magic too. I'm serious.
This is great, great stuff.
Speaker 1 (11:19):
Again.
Speaker 2 (11:19):
The name of the book, Little Damon learns to Earn
you and get it wherever you get your books. Uh
that moment. The podcast is on iHeartRadio or wherever you
listen to podcasts. Damon, Thanks for hanging out, man, hope
to see you soon.
Speaker 1 (11:31):
Thank you, Thank you so much for always supporting me.
Thank you for supporting that moment and the little daman.
I love you man. You got it brother, you too, man.
Speaker 2 (11:38):
Thanks again.
Speaker 1 (11:40):
Wow with Mario Lopez