Ever found yourself chuckling at the whimsical daydreams of spending a million dollars, only to be brought back to earth by the sobering reality of credit card bills? Join me and co-host Dap, along with a cast of insightful guests, as we navigate the often turbulent waters of financial literacy, personal growth, and the pursuit of opportunities. From the nostalgic tunes of the Barenaked Ladies to the hard-hitting lessons of "Rich Dad Poor Dad," we promise an episode that's as enlightening as it is entertaining.
Our journey takes us from light-hearted anecdotes to the core of what shapes our financial identities: the lessons from our upbringing, the emotional weight of money, and the strategies that can lead us to financial independence. Together, we chew over the wisdom hidden in comic books, the emotional tug-of-war between fear and desire, and the pivotal role of financial education. With each turn of the conversation, we uncover the personal stories that attest to the transformative power of understanding money management and seizing the day.
Finally, wrap up your day with our candid discussion on creating wealth from seemingly nowhere, the art of balancing passion with financial necessity, and the experiences that have taught us the real value of a dollar. We don't just share our victories; we also peel back the layers on our mistakes, because in the end, it's all about growing together as a community that supports one another's aspirations. So, whether you're flipping textbooks for profit or contemplating the next big investment, let's embark on this financial adventure together—and who knows, perhaps we'll find that elusive million dollars along the way.
FYI OUTRO
Ever found yourself chuckling at the whimsical daydreams of spending a million dollars, only to be brought back to earth by the sobering reality of credit card bills? Join me and co-host Dap, along with a cast of insightful guests, as we navigate the often turbulent waters of financial literacy, personal growth, and the pursuit of opportunities. From the nostalgic tunes of the Barenaked Ladies to the hard-hitting lessons of "Rich Dad Poor Dad," we promise an episode that's as enlightening as it is entertaining.
Our journey takes us from light-hearted anecdotes to the core of what shapes our financial identities: the lessons from our upbringing, the emotional weight of money, and the strategies that can lead us to financial independence. Together, we chew over the wisdom hidden in comic books, the emotional tug-of-war between fear and desire, and the pivotal role of financial education. With each turn of the conversation, we uncover the personal stories that attest to the transformative power of understanding money management and seizing the day.
Finally, wrap up your day with our candid discussion on creating wealth from seemingly nowhere, the art of balancing passion with financial necessity, and the experiences that have taught us the real value of a dollar. We don't just share our victories; we also peel back the layers on our mistakes, because in the end, it's all about growing together as a community that supports one another's aspirations. So, whether you're flipping textbooks for profit or contemplating the next big investment, let's embark on this financial adventure together—and who knows, perhaps we'll find that elusive million dollars along the way.
FYI OUTRO
If I had a million dollars, will I buy you a house? I would buy you a house, and if I had a million dollars, If I had a million dollars buy you furniture for your house Maybe an
Speaker 2:ice chest or a field or an ottoman. And if I had a million dollars? If I had a million dollars Will I buy you a cake car, a nice, reliant automobile, and if I had a million dollars I'd buy you a house. If I had a million dollars, I'd sell the tree board in our yard. If I had a million dollars, you could help me. Wouldn't be that hard. If I had a million dollars maybe we could put the little tiny fridge in there somewhere. We could just go up there and hang out.
Speaker 6:Like open the fridge and stuff, Throw all your fruits laid out for us with little pre-wrapped sausages and things.
Speaker 2:They have pre-wrapped sausages, but they don't have pre-wrapped bacon. Oh, can you blame them? Yeah, if I had a million dollars, if I had a million dollars, Will I buy you a fur coat, but not a real fur coat. That's cruel. And if I had a million dollars, if I had a million dollars, Will I buy an exotic pet yep like a llama or an e-moo. And if I had a million dollars, if I had a million dollars, Will I buy you John Merrick's remains. Who'll all them crazy aliphant bones. And if I had a million dollars, I'd buy you a house.
Speaker 2:If I had a million dollars, we wouldn't have to walk to the store. If I had a million dollars, we'd take the lever seat because it costs more. If I had a million dollars, we wouldn't have to eat craft dinner. But we would eat craft dinner, of course we would. We just eat more and buy really expensive ketchup's with it. It's right, all the fancy Dijon ketchup. If I had a million dollars, if I had a million dollars, Will I buy you a green dress, but not a real green dress. That's cruel. And if I had a million dollars, if I had a million dollars, Will I buy you some art a Picasso or a garfungal If I had a million dollars? If I had a million dollars, Will I buy you a monkey. Haven't you always wanted a monkey? If I had a million dollars, I'd buy you a house If I had a million dollars. If I had a million dollars, I'd be rich. I'd be rich.
Speaker 6:Thank you, sparky. I was looking forward to which song we were going to be Intro-ing with and Bare-naked Ladies. I have to say I've got a funny story about that album. I thought I was getting Sublime. Santa Rhea has the million dollar line in there and I ordered off of. This is back in the 90's and I ordered off of one of those CD order sheets. They'd send you like a bajillion for like ten cents, magically somehow. I thought I was getting Sublime. I popped it in and I was like what is this? So that was my intro to Bare-naked Ladies and I liked it. That was what? Fifth grade? Oh man, I'll always age myself just a little bit. But hey, thank you, sparky. That's a fun one that brings back some fun memories of my brother and I and lucky for you guys, he's not on here for us to take up the whole intro space Reminiscing like we do. But I'm excited, you guys, this is a fun round We've been doing, thanks to our good friend Edward up here, some fiction and I'm not gonna lie, my hosting responsibilities with this book are almost like my creativity.
Speaker 6:I don't have to really force or try here, because each chapter comes with, like a lesson at the end, a chapter summary and, like some questions, a study session. It's really great, it's gonna run this book club just for us. It's almost like he wrote it for a study buddy and that's what he mentions in each little study session Is like, hey, discuss this with your study buddy, and that's what we are. So this is like it's all done for us. And I remember coming into the fiction you know bamboo booktimes I was like, oh my gosh, what's happening here? What kind of what's my take? Who's doing what? Who do I trust right now? Like it was stressful and I loved that and I'm almost just like, ah, man, I don't know really any interesting or funny things to like start off with here. He's made this too easy for me, so we'll see how this goes. I really think this will be a fun round.
Speaker 6:I'll give you a little tidbit of real life, factual knowledge, information happening with this guy, robert Kiyosaki. He's apparently one billion dollars in debt right now and apparently he doesn't give a fuck at all. He's like, hey, if I go bust, that's the banks bro. This guy's crazy bro. And I'm like I don't have any money to talk about it, because we all have different lives, different careers, different paths, different everything, and there is no one size fits all, never, ever. I just don't think that's true.
Speaker 6:Some people have a different love for money than others. Some people have a hatred for it. There are feelings attached to money and this will be an interesting one to try to detach feelings from, to talk about how people go about money, because it is almost impossible to not get emotional. For me at least, talking about money, it is such a burden, slash blessing sometimes when I have it, slash stress, slash excitement. It is such an emotional thing that I think this could go all sorts of places talking about money. But I think this guy presents a really good opportunity for us to be like well, I don't know about that and he is in a situation right now where it's kind of interesting for a conversation going forward. Like yo, this guy is really putting forward whatever principles I'm only in principle one, let's try.
Speaker 6:You know, I read chapter one and I don't know when he's going to get to. The principle of, like one billion dollars in debt is okay, but I have a feeling he's in the real estate. When someone's one billion dollars in debt, that means someone gave them that money. He's obviously been capable enough to handle large amounts of debt and he's willing to. And I want to see if he pulls this off and what I got to read more about his current life Because I'm super interested in how he's just stoked about being one billion dollars in debt. But if you think about it, I'm in debt a lot because I've got a house right now and I'm stoked on that. I love that because I finally was able to and he might talk me out of that during this book, but we'll see.
Speaker 6:I'm excited because I've had different financial goals and paths and we all have, and we've gotten to wherever we are and we want to get to wherever we want to. And it's fun to challenge your practices and your thoughts and your risk tolerance, and he might talk about things that your risk tolerance is just like nope and that's probably a good idea to back away from anything where you might not have the risk tolerance For a one billion dollar debt hanging over your head. Man, I remember when I was what 22, I was like waking up in the middle of the night with like panic attacks and I can't even remember how much debt I was in at that time, but it was not one billion dollars in debt. So it's just really interesting to shift focuses to now, at my age and I still feel like a little kid, but I've had enough debt here and there and I've gotten out of debt here and there, where I feel like it'll be fun for me to like criticize myself, my past moves, maybe, see where I can do better. And again, it might not come from Robert. What I'm so excited about is you guys are here. You're the study buddies. We might be able to look at this and be like yo.
Speaker 6:Is Robert breaking his own rules right now? Because here's the thing is a guy can have a perfect system, like me. I have a great system playing blackjack, but do I ever stick to my system? No, somehow or another, I get distracted by the shiny things. I stack something up because I feel like I've tipped the dealer enough to get enough karma to hit that one jackpot and leave with like 10x and I lose all my money every single time. So someone might have a perfect system. Do they follow their own system? So I don't know. I'm really excited to see where this goes and I would like to talk to you guys, see how you've been. It's been a while and before we jump into it. Ryan, how are you, my friend? How are things? How was the break? How was the new year?
Speaker 5:Not bad. Not bad, it's been a good person of the year, can't complain. You know, always throw a little bit of that fairy dust on top of it to make it what you call that, dandy. But no, it's been fun getting back in this whole school of things with the kids and that it's been kind of a shift for all of us. And now we got this cold weather stuff too, so it's a slightly coer right. So it's been fun juggling around with those little IRL challenges and then coming into a new year after Christmas into the financial book is going to be kind of interesting. And it's kind of funny.
Speaker 5:Everything that I've looked up about this review and heard people talk about it Like hey, well, I'm not really liking that right, it's not really my kind of cup of tea. I like his strategies but his strategies don't work, especially on some of the reviews that I see on Amazon. So it was just kind of interesting. You know, it was just like the different takes that people had. So I was cool to see it already.
Speaker 5:Like ooh, I can't wait to see where he, you know, talking about how he, you know, idolizes himself as the forefront of the decisions, of him being kind of not guided by the root of money, but really he deep down. You could kind of, I guess, say it, but you can kind of see it by some of his actions, I guess, by you looking at it from a business, financial, and then you look at his debt now. So yeah, it was kind of funny to see that. And then here you see it say it and I'm curious what everybody else feels. But I do kind of I don't know, like in the book it's kind of it's different, it's laid out differently in a format that I feel like he's made out like Did it stop? Can you hear me, stuart? We can hear you you dropped out for a second.
Speaker 5:Yeah, I had a phone call coming the school's calling me saying we're having a late start tomorrow. It's like great, all right. Nah, I got the email because I was anticipating that call.
Speaker 5:But anyhow, yeah, definitely excited for this. And first, everybody's take and we kids over here. They've been bugging me all night and their energy is off the hook, so I'm enjoying that kind of myself. It's like thinking about anything like little takes that I could potentially put into them. We got a little coin jar and kind of rewarding and teaching them with the little things you know, just the responsibility. So I'm just curious how far deep down this really goes in this book, and I don't not the perception but the personality of the book, I guess almost as it's going to get to no author at all. Or are we going to get to really know them through the book, learning about his financial type beliefs, you know? So I'm excited for those types of topics about it.
Speaker 6:Yeah, the story so far I'm enjoying just little kids trying to make money, and that's where it all began His dad's poor, his friend's dad's rich, and they're trying to get knowledge. I like the story, the storyline behind the whole thing. It's fun. Dap, welcome to the co-hosting spot. Thank you for being here. I did see a comment you made in the Twitter comments X comments. You said there will definitely be some sides on this, so I'm interested. You've read through the first chapter. I saw Hold on, we're already getting it. Let's not get into it yet. How are you bro? How's your break? Happy New Year, how are you Happy?
Speaker 3:New Year. I'm good. Yeah, so we've been snowed in all week. It sucks. So yeah, that's about it. Intune with the book. My son yesterday had his snowed and everything. He said, hey, let's make some snow cream and some hot chocolate and we'll sell it for five bucks to people. I was like that's great. I was like you're my son did?
Speaker 6:I see that he got his hair cut.
Speaker 3:He did get his hair cut. It's not long anymore, yep.
Speaker 6:Glorious locks are gone. Oh, but he's so cool.
Speaker 3:I love the locks they kept getting in his eyes and karate that's what I was guessing.
Speaker 6:I was going to ask is it? Karate His decision. He's like I gotta get the hair cut, yeah, and he kept getting called a girl and he didn't like it.
Speaker 3:So I was like, well, I was like karate and that I was like you, do you want to get your hair cut? So then he finally said, yeah, so stop getting my eyes. So we went and did that. He got it cut and then I asked him. I was like you're going to let it grow back out? And he was like no, it'll get my eyes again. So I was like, alright, well, that's probably gone. But just know, in the future you know You've got decent hair. So he's got his mom's hair, so it's nice and thick and red. So yeah, but as far, as the book.
Speaker 3:He's taken his month of archery yeah, and he got upgraded to an orange belt.
Speaker 7:A red belt, you mean.
Speaker 3:No, he went to orange yeah, go red belt, I get it. It's a ginger joke.
Speaker 3:So the book, yeah, I was so excited that you picked this because I've gone about it for like months I guess, but you know, I didn't really like specifically request anything. So thanks for picking it. And I mean, he's on my TikTok all the time and couldn't imagine why. I don't know if it's because TikTok's listening to things I say or if it's because who knows, but I'm sure it is. But yeah, I saw the thing that you mentioned how he's like 1.2 or 1.5 billion dollars in debt and he could care less. And I hear him talk a lot about gold and stuff like that. I don't know about all that, but I like how this book is going with it, the chapter one with him and his friend. It really does dive into the mindset of an entrepreneur in a way. They took it quite literally in making money, though they took it way too literally in the introduction.
Speaker 3:I thought that that was pretty cool how he talks. He compares his rich dad and his poor dad. So he really didn't have two dads it's a metaphor and his biological father he calls his poor dad and the other one is his friend's dad and he considers him the rich dad. And he even says in the beginning that you know once poor and one wasn't rich yet but he ended up being rich. But it's complete. Different mindsets of people is what this book is kind of diving into. So I like what's there so far. It's going to be heavily controversial. I can already see where we may need to have a disclaimer at the beginning saying that we won't get into a verbal fist fight. In some places I could totally see it going there.
Speaker 3:I could see it going there. I really can. I could see it because, I mean, some people are going. It's just keep your mind open. As we read it. Look at the perspective of the other side that you probably wouldn't be in. You're definitely going to fall into one of the two categories of the people that think I think, because I mean, that's exactly how, like if I were to look around the people that I am around every day, they're going to fall into one of those two mindsets more than likely, and there's going to be far less in the other one. That's just because and there's nothing wrong with either perspective either so I want to lay that down.
Speaker 3:There's nothing wrong with thinking like either one of these, and these are not scientific things, these are not actual, factual things. It's a suggestion from an individual, so also keep that in mind. But yeah, so, yeah, it's been good, it's a new year, a new start on it.
Speaker 6:Yes, it's good. We got good vibes written all over 2024 I think. And yeah, good little intro to the book there. I think you're right, but I think we'll be okay. I think we've handled the how to win friends and influence people, stuff and man we. I think we can look at things pretty objectively and sometimes even as a whole, we might just be like, yeah, not liking this one, but I really enjoy how you said, let's challenge ourselves, and I was going to add just a little touch of Bruce Lee where you know, except what is useful, disregard that which is not and make things your own. And that's the beauty of this book club too, is we can all kind of gather our thoughts and scratch our chins and throw up a few hmms every now and then. So I'm excited. Yeah, I think we'll be okay, deb.
Speaker 3:Yeah.
Speaker 3:I think so, I hope so. I just think that there's going to be a lot of those you know, like what would I do and you know what would they do, and then I hope that a lot of people share their thoughts on this. I really want to know everybody's thoughts on a lot of this stuff Because I think that in the end, it's going to help all of us with understanding things that we may have not understood before or, you know, maybe some guidance or whatever, but then some of it may be too risky. It's going to depend on you know what your risk tolerance is in the real world.
Speaker 6:Yeah, yeah, precisely I like that and I'm stoked that we've got. I know conquest and Demmarese have been up here before, but I'm stoked you guys are up here for this book talk. Conquest was telling me you've read this book before, or you have the book, or I'm just stoked you're up here, bro, thanks for being here. I know Conquest and I chat and I know some of his goals and I know you're hungry, bro. How are you doing? What's good with you 2024? How are things?
Speaker 9:Hey, what's going on, bro? How you doing. I'm doing alright. I'm actually here working on Bimodo right now, playing with the AI, but I'm doing great.
Speaker 9:Yeah, I bought this book back at the end of 2017, because, remember, I told you I was into forex trading, which I still am and I was in a company that was pushing for it excuse me, was pushing for it.
Speaker 9:So, yeah, I bought this book Grant Cardone's book like I bought a bunch of books and I had to come out there with me and, yeah, this book really it's really got me to where I'm at today. Like, I read this book probably three or four times when I was out there in Vegas and it just really helped me get my I guess you could say my entrepreneur journey started. Yeah, this book helped me do that because I was faithfully like you could ask my dad I was faithfully read this book every day and then practice what he was telling me to do. I love the fact that when they were kids and how they were putting I believe it was the toothpaste tubes I ain't gonna say too much because I know we're reading it, but how they did the toothpaste business and it didn't go the way they wanted it to go it was just a lot of interesting things.
Speaker 9:I took what resonated in this book and left the rest. That's basically what I did, but I'm very excited to read it again with y'all because I really like this book and it got me to where I am today.
Speaker 6:I like how you put that. I took what resonated with me and left the rest. That's some Bruce Lee shit, bro. Nice, I love that man. We got Edward up here as well. My friend, how are you? How's the new year? I know you were a little iffy about the problem.
Speaker 7:You mentioned Demreese and you skipped right over him.
Speaker 6:I'm going in a line here. I'm coming to Demreese right next and then Sparky's next. Yeah, I gotta keep things in order here. I should have gone back to Demreese, but now I got Edward in line here, so we'll get right back to Demreese. Edward, how are you, my friend? How are things? I know you were iffy about this Robert Kiyosaki guy and all of his loans, and here we see $1 billion in debt, so I'm excited to hear your thoughts on stuff. How are things? How's the new year?
Speaker 8:Good man. I'd just like to say welcome, demreese. It's good to hear your voice, glad to hear your life's going good, but yeah, it's been an interesting year so far and I'll leave it at that. I'll burn that, though. I am indifferent about this book, but I think more so the whole like loaning and stuff like that. I mean the guys I mean who here would want to be $1 billion in debt. Do you know what I mean? But I'm sure there's a lot of value.
Speaker 8:I think the whole idea of mind over matter, and because I liked some of it that I was reading about, the poor father was always thinking you can't afford this, while the other one was like how do I afford this? So there was always this kind of like there's a pursuit to, you know, achieving your goals, more so when you think it and plan it instead of doubting it. So I think I'm going to like it. But I'm sure there's going to be things in this book that I'm going to like scratch my head at. I don't know. I don't know about you I'm excited for.
Speaker 8:But I kind of asked though, like when I was reading this book, like I realized that afterwards he'd obviously prefer his, his friend's father over his own father. When I first started reading and I was like, how does he have two dads? Like I guess I could see that. But like I first started reading it, shouldn't they have co dependency? I don't know, that's kind of like how I was thrown up by it. But I realized when I was getting in further that it was his best friend's dad. My poor dad would say this, but my you know, my rich dad would say this. It's like okay, what about your mother? Where's your mom in all this?
Speaker 6:I'm curious to see here what his his dad would have said about you know, just being labeled as the poor dad. Demrease, my friend, like I, so rudely skipped over you. I'm so sorry, my friend. How are you doing? Thank you for joining us. I know you've been stoked to jump on this and I know you've got your goals as well. And, man, how's your 2024 going? How's it off to starting off? Thank you.
Speaker 11:Well, first I got to say guys, happy new year and I hope everyone here have a prosperous new year this year, this 24. So far as what we have been discussing, we're getting along with that so far, but 2024 is going so good, it's going great. So I've been working on my website to introduce all the little apps and the website that I'm using to earn a little bulk, a little send here and there, if you get what I mean. So I'm working on a website for that, and the best thing that happens so far is OKX has launched their wallet and now I can lazy mint the AI company on the OKX marketplace and they link with Open C, they link with Blair, they link with all the other marketplace, so it's all in one marketplace. I'm at Palma Collection this year. I'm working on the Zoom and Solana token, the Zoom token. I'm working on that, finalizing the paperwork. So it's going good so far.
Speaker 11:The funny thing is, bro, you chose this book, the guys chose this book and my mentor back in 2013, which is Dostoe Alain. He's basically like a sapphire right now in Amway. I know a lot of people know Amway, which is here right now. He was my mentor at the time and he was telling me that, bro, you should reach that poor dad and, to be honest, I was taking his very part. Granted, I looked up the book, did the research and read the summary and stuff like that. But then I got lazy, now that, since we were reading ROS, I downloaded the audiobook for ROS and Partitlas of Power and I downloaded the audiobook for Rich Dad for that. I was listening to it and let me tell you, like what Conquest said, I took what resonated for me from the audiobook and I put the rest aside, but I have it in my head like, bro, this is what you need to start to do make some proper steps. Making steps is right, but make some calculated steps.
Speaker 11:And when Robert went to his dad back in 1954, something they were both, yeah, and he said that the other guys are telling me that I'm poor, they are keeping a chip and me and Mark cannot come because we are poor, and he was like you need to make money. So, yeah, and they actually made money to get what I mean. But it was not what his dad was talking about. And the thing of it is that he's highly educated, but educated on what? It's? Just book knowledge and the book. Knowledge that he's educated on is not teaching or to manage his money. So he's working a lot of money but continue filing to debt. You forget what I mean? And thinking that more money will actually solve the issue or solve the problem, which it just keep on adding to the problem.
Speaker 11:And I love the lesson that Mike that was teaching. It's a very valuable lesson, honestly. It's a very, very valuable lesson. While listening it, I was looking back and I said, oh, this is what I've been doing over the years, because I wasn't.
Speaker 11:I didn't get the knowledge about money that Mike's that is teaching them. So, yeah, our parents teach us about money, but what did they taught us? You work, you save, get a good job, you can work, you save, you buy a house, you buy a car and life actually hits you, bro. And then you see that, okay, I got to work, I did good in school, I came out, I got a good job, save and all you're saving is just like, okay, everything keep on happening, you have to deal with that issue, you have to deal with this issue, and then you file into debt. So it's all because of lack of money knowledge, man, lack of money knowledge. So if we actually got the knowledge that Robert reached that target right, a lot of us will be okay in this world right now.
Speaker 11:And if you don't remember the name of the poet that he said he was reading, and let me tell you while I was listening to audio and listening to that poem where he's saying like there's two road to take, and he chose the road what is rich, that is teaching, teaching him and put aside what is poor, that is teaching. Which is the poor, that is actually his biological father is rich, that is just his friend that. And he decided that. All right, I'm going to listen to this man Because what is teaching means going to be something that I'm going to need in life forever and just for know are when I, when I'm, when I'm out of school or when I graduate college. No, what is teaching is a long life learning thing. You can never stop learning about money because things is going on, is going to happen. No, no, no, no, no, no, no. You're going to want to learn about stocks and all those stops. So yeah, I'm excited.
Speaker 11:So far, I'm like one over and some minutes they're about in the audio book and I keep on going over and over and I don't think I've reached two or eight in it. Honestly, I'm not sure which chapter I'm at, but I'm just keep on resonating the first part in my head like, bro, you need to learn more about money. I've been doing my studies by myself. That's all I learned about money by myself. My parents tease me Shit, otherwise, get a good job, save, I mean. So I'm teaching myself about money and what I'm learning so far that you know what I've been doing is nothing. So I'm stoked, I'm excited for this, I'm excited for this year 2024 and watch the come. So, yeah, it's just awesomeness. I'm feeling great, I'm feeling good bro.
Speaker 6:That's what I like to hear. Demres, thanks for your excitement. My friend, I'm excited to continue to hear about your goals and your thoughts. As always, it's always a pleasure to hear your voice and have your excitement and vibe here with us. My friend, I love that you've got the audio book.
Speaker 6:Who was it? Dap said he's on his TikTok. I got it on Instagram. I got to hear this guy's voice and I've heard about this book for so many years. I never got around to reading it. And I've got to say, Edward, after reading your books, this thing is like a little bite-sized cookie man. I can eat this thing in one bite. I will forever be able to look at books and just be like pfft, easy. Like I read through the first chapter and I'm like, oh my gosh, this thing is so small. Oh boy, this is going to be done quick, Sparky, I'm also a little sad that we're not going to be able to turn to you for answers on the plot line with the fiction books. Do you think you'll still be able to make any predictions with these self-help books? I can't remember.
Speaker 7:I gave my hot takes back in the day before we did the fiction stuff so I won't be hurting.
Speaker 8:You know what the end's going to be. We'll find out that he's 1.2 billion Sure.
Speaker 3:What a clip. Clip the dads or dad.
Speaker 8:The dads are actually his mother.
Speaker 6:Oh man, sparky, how are you doing this year? You off to a good start. I know you said you had some good family time and I bet that was nice.
Speaker 7:Oh, it is what it is Still not working. But we're reading this book about not working for your money and your money working for you. So, yeah, it's been not much different. I did have some time with my son and wife over the holidays, but there's also some sickness and stuff and it's just kids in kindergarten, they're just germ factories. We're making a go of it, we're trying to make things happen. I have a job interview coming up at some point here in the future, so hopefully things turn out better for us than they have been. But we'll see.
Speaker 7:I don't hold my breath anymore over anything because you get your hopes up and they get destroyed, and I've had it many times in the past where I've had good vibes and they don't go my way. So I try not to let my emotions get involved to that degree, because it's very easily to be disappointed in certain things. So I try not to overhype my reality. I try to look at everything for what it is and how it's going, and right now we're at the status quo of rock bottoms or not rock bottom, but we're struggling. So rock bottom would be us without a house and everything else. But that's one of the reasons why I'm intrigued with this book too is because of my current situation and what I'm going through.
Speaker 7:There's a lot of this stuff in this book that he's talking about and that he's trying to teach alongside the lessons that he learned. That I don't think really translate in our current timeframe, even if I did. He says you can't blame the economy, you can't blame the government, when both of those things are currently what is making things skyrocket in price, which is making it so that you need more money? So there's some lessons in this that are, I think, garbage in a sense, but there are some lessons that I think are very well spoken, or however you want to put it. I feel like they are things that we as a society need to learn better. So I don't know if we want to get right into because I guess I was the last speaker to talk. I don't know if we want to get right into discussing this stuff, but I mean, I've got my takes and we know how long I can take, so Matt Ross, let's have you go first what I want to do real quick.
Speaker 6:At the end of each chapter there is a chapter summary. But what I'd like to do, I won't take everyone's time with that, it is just a couple pages and, if you have a chance, these chapter summaries. If you can't read the whole book, just these chapter summaries, they're really great and there is a lot of storytelling in this book with him and his friend, and so really the chapter summary is pretty like Cliff notes good, it includes all the good stuff and then the additional questions. If you don't mind, I just want to read these so those that don't have the book in front of them, they can hear these questions that he's putting forward in the study session and then whether or not your take includes one of these questions. I just think these are good and these kind of summarize the chapter also. So let me read these real quick, unless you would like to. Sparky, do you have that in front of you?
Speaker 7:No, so what I was going to follow up you saying that with is I'm reading a digital copy that I'm nice, okay, I doubt gave me, and it doesn't have those. So you, like, I don't know what you're talking about when you say that.
Speaker 6:So let me read you go through them.
Speaker 6:Yeah, let me read these real quick and then you know if anyone that has a take. And please, anyone from the audience, come on up. This is, I think you know the fiction was a little bit maybe intimidating to try to keep up with and jump in, but these kind of books you can kind of hear things halfway through the book and kind of chime in with. Maybe you've got something brilliant that you'd like to share with us. Please come up, and we love we, you know, have pretty consistent speakers up here, but please don't think that this is a set speaker panel. This is open to everyone. We definitely had new people buying this one that haven't in the past, and some of you are here and some of them are not here. So it's really, it's really fun to see the different crowds with the different genres of books and so, yes, any new faces or voices that can chime in and share their knowledge and your history and man. I'm fully ready to tell some stories of when I've been just an idiot with my money and fell into fear and fell into greed and I really do, already in the first chapter, really relate with a lot of this and it's like, oh yeah, that's true. Actually I have made a lot of fearful money moves oh yep, greedy money moves too. So it's fun to relate already and not necessarily agree, you know. So it's going to be fun to hear everyone's takes, because so far I think we're on a pretty good path of understanding, you know, take what makes sense. And you know Sparky already brought up a great point. You know this might not have included anything COVID related. I know a bunch of gym owners and restaurant owners that they were on a great path and really things out of their circumstances, out of their control, wrecked their whole world, turned it upside down. They had to go to something completely new and really dig deep and it really is crucial to be understanding and, I think, empathetic of that that there are shitty situations and people can't always just be thrown in that category of like, oh, you know, just think positively and get out of it. It's like, well, well, tell that to you know, certain people in the 1965s in the South, you know what I mean Like tell that to certain demographics at certain times that like things can't be blamed on, you know. So I think it is important to be empathetic when we are discussing these things and to remember that these writers, these authors, they do preach confidence and get your ass out of bed and don't blame them, blame yourself. But at the same time, we are humans and we can play the empathetic card with each other too, and understand that sometimes even emotional and mental health can come into play. And man, this doesn't talk about that at all. So there are so many external factors and yeah, there we go. I think we've got enough disclaimers before start. I think we'll do. Okay, this is going to be good. Okay, here I go.
Speaker 6:Additional questions. Now it's time to take the stories in this chapter, along with the understanding of what Robert was saying, and apply them to you and your life. Ask yourself the questions below and discuss them with your study partner. Be honest with yourself and your partner. If you do not like some of the answers you are giving, ask yourself if you are willing to change and accept the challenge to change your thoughts and mindset.
Speaker 6:Number one how common is the approach to money taken by Robert's poor dad? Number two Robert's rich dad said true, learning takes energy, passion and a burning desire. What are examples of this? What are examples of when this has proven true in your life? What's one lesson you will never forget. And why? Number three, with the pay rate of 10 cents an hour and then nothing an hour, have stirred you in the same reaction as Robert?
Speaker 6:Number four is it fear that drives most people to work? Are there other factors at play? Number five is the temptation strong to think that more money will soothe that fear? Why is that such a common reaction? Number six what's an example from your life when you reacted with your emotions? What's a time when you were able to observe your emotions instead and choose your thoughts? Number seven are the rich or the poor more susceptible to those controlling emotions of fear and greed? Why do you think that is? And number eight do you think most people realize they are stuck in the rat race? Why, or why not? And Sparky, I would love to hear your take, my friend. And yeah, I would love to hear any differences also that you guys might see between the different versions, because I am. I grabbed the one. It must be the newest version, the celebrating 25 years, so it sounds like there might be some additions here and there and like the little study session. So, yeah, go ahead, my friend Sparky, take the first take.
Speaker 7:I mean there's a lot of stuff there that I don't remember half of what you asked. I don't feel like everybody is ruled by fear. I think desire is a key one, and I don't know about greed, because I don't think everyone is greedy, but it is a human trait that we struggle with for sure. But I think desire is the big one that a lot of people like. They desire things, they want to purchase things, they want to have things, and so that is what drives a lot of people to certain things. It's not necessarily out of fear of not having money. It's because sometimes it's to do with keeping up with the Joneses. Sometimes it's you want to be able to do things, so you want to be able to purchase the things to do those things.
Speaker 7:Recently I've been watching YouTube videos of this Australian guy who has gotten like over 1.5 million subscribers. He's making a living off of doing YouTube and his big thing is that he is just doing survival videos. And how it all started for him was he was in Bali, indonesia, that area during COVID and he got stuck. He couldn't leave and so he started just doing videos of him exploring all the different islands and then started doing videos of him. You only eat what you catch. So he's doing fishing videos and things like that. He's not going to supermarkets and he's living out of a very small hut while he's there, because he was there on vacation or whatever, and I think he lived there for over a year doing this, but he's now making a living. Who is this? Sorry?
Speaker 6:to chime in. I'm going to jot this down. That sounds awesome.
Speaker 7:His name is Field Days on YouTube. He's a feminist girlfriend Do this stuff, but it's been really interesting to see this guy grow a company or whatever you want to call it off of him just doing things that he loves and the different mindset of like it's not Field by Greed. It came out of like luck to some degree, because the fact that people followed him and started watching him was what grew his empire, if you want to call it. But you can see that he's doing this not for the money but because this is what he enjoys doing. He enjoys catching fish and cooking them and he doesn't. You know he tries to not spend money on frivolous things, but then he spends money on things that he needs to do, the things that he wants to do. So, like he has a really good vehicle that he spent probably hundreds of thousands of dollars getting to equip it so that he could literally go camping in it for like a week straight if he needed to. He's bought boats to go fishing on and like things that you know you and I may not think about because those are quote hobbies and they're not job related. But now it's his job to do this stuff, even though he's not seeing it as work. And so there are people that, like, have gotten the ability to make money doing the things they love, which is phenomenal.
Speaker 7:But there's a lot of times that people find themselves wanting to do the things they love, like you and I wanting to go boating, or wanting to go play golf or whatever. Whatever hobbies you and I can think of that. There are things that we enjoy doing, but we can't do them if we don't have money to do them. And so, yes, your, your. Your desire for money comes from that of wanting to do some other things that you need to do, and unfortunately, because how everything is kind of rooted around money, it's a necessity. You can't be poor and go and do a lot of shit that you may want to do. You know, building a computer, it costs money. So if you want to play video games, it costs money. If you want to go skating at an ice rink sometimes there's free ones, I mean, in the wintertime you can go on a pond, but that's very, very small and even still you need skates to do so, and those cost money.
Speaker 7:So I think a lot of people it stems from desire more than actual fear. But then you get to a point where fear does play a factor into it because, like in the situation I find myself in with what we're going through, I'm afraid that I'm not going to have enough money to be able to pay for my bills, to be able to be able to pay my mortgage, to be able to buy food. But that's more so for my son than it is for myself. So it's not selfishly entangled, it's more about how do I provide for this life that I created. So there's, like I said, there's some aspect of fear too, but I think majority of it stems from desire. But I also feel like society today has been conditioned largely by corporations and things like that, to feel like and think like we need all these stupid things like getting a new phone every year or having the newest TV just because it's brand new and has new technology. We don't need that stuff. And I think a lot of people are conditioned to that, which is something that's not really going to be. I don't feel like, especially after the first chapter. I don't feel like it's going to be tied into this book very much. Just from what I've read, it's because he's trying to get people away from that.
Speaker 7:But as far as the books concerned, with some of the lessons teaching, I definitely think some of the messages it has are very good ones, that we need to learn and teach almost to everybody the fact that there are opportunities that come up and you need to be willing to see them. And I feel like a lot of people are so close minded on a lot of things that they their personal biases about. However they've been taught money wise and finances, they're not willing to look at and see opportunities that are basically slapping them in the face. And I think for a lot of us who are in Web 3, we kind of feel like Web 3 was one of those opportunities. But I feel like Web 3 is more one of those greed mentalities where people greed and fear because people are seeing other people making really easy money doing this stuff and thinking that this is a get rich quick scheme sort of mentality, whereas if you actually sit back, like they're trying to teach in this book, and look at, less risky are opportunities that are ways of making your money work for you, which is again a good lesson Not that I'm trying to sell everyone on DAP and what he's done for me, but again an opportunity that a lot of people may not actually take and DAP taught me some stuff that the knowledge is there.
Speaker 7:It's very easy to be doing this stuff if you have the legal course of action to do it, because some states in some places don't allow you to do this sort of stuff, which is sports betting. But if you do it you use money to make more money and it's not risky because or it's less risky, I should say because your money is working for you essentially in that, in that sense, and it does require you to do some work for sure, but at the end of the day you're making your self, generating money doing this, and there are some methods to do that in Web three, but largely it's very, very risky in Web three because nothing is guaranteed and anything that you quote invest in could tank tomorrow and could rug and all that stuff. So I feel like we, like this book is going to have some good messages for anybody, just in that sense to help notify yourself of those opportunities and be able to see those opportunities. But at the end of the day, there's nothing wrong, in my opinion, from working a day job, a career, even because that financial stability, that like steady paycheck will help keep you kind of in that position of the stuff that you need to do.
Speaker 7:It's just a matter of training yourself and teaching yourself to not dig yourself into debt and be in debt Like for myself. I've never been in debt until this. These last two years like last year and before that, before I was awkward I've never had debt and it's just slowly been building up since COVID. Because of you know, I've always been better with my money. But now you know I'm struggling because I don't have work, and I think that it's somewhat wrong to say that you shouldn't work to be able to afford the home and the stuff because it's fear or whatever. It's not really like it's. If it was fear for me, I would have gotten a job a year ago. I wouldn't have gone a year without working. But you know, I've been biding my time waiting for the right opportunity to get into something.
Speaker 7:So I think there's a lot that this can teach us, but I think some of the messages, like I said, don't really translate because of the current time frame that we're in. In that sense, there was one other thing that I wanted to talk about, but I'm completely blanking on it right now as I scroll through this book, but I know I've rambled quite a bit and I might come up with it in a little bit, but those are my takes on what I think this thing is talking about to some degree and the takes that I have on how some of it I don't agree with and some of it I do agree with oh, that was the other thing was how we're taught only by either. We're not taught by school, we're taught only by our parents, and I don't really agree with that. I mean, maybe when you're children you're taught about money from your parents, but that's assuming that we stop learning once we become adults and we don't, because I've learned more about money from before. I was in Web 3, I started in stocks and trading and learning about that stuff and then moved to crypto and then now I'm in a completely different avenue altogether and I'm learning more and more about money every day, about every aspect of it, if I can.
Speaker 7:And I feel like that thought process that school doesn't teach us, only our parents do isn't necessarily accurate, and I feel like we learn from our experiences more than anything, and even myself, like my parents, maybe get a pay per route and it wasn't necessarily, to quote, teach me about money. It was so that I had something to do, essentially, and it taught me about money, and it wasn't them in essence teaching me directly. It was kind of like the rich dad, poor dad mentality of go do this and then you have to go work for your money. But again, it's not really so much the parents directly teaching, it's just giving you tools in that sense. But I do agree that schools should teach more about this in general.
Speaker 7:However, you also have to be willing to learn from every aspect. Whether you go out to buy something from a store, that's teaching you how much money you need for this, that or the other thing, I don't know. I just feel like we can't just summarize that those are the only two things that are either teaching or not teaching. I think we all learn from each other, from our experiences and that sort of thing. So I don't know, maybe I'm an idiot and my take is terrible. That's what I have to say about money in this book.
Speaker 6:I love it. Great, great opening. Take my friend. Yeah, I think that I also noticed. I don't know if this is really relevant to what you were talking about, but while you were talking I kind of thought about it, so it sparked a thought, at least Sparky.
Speaker 6:He kind of Contradicts himself that the rich dad every now and then and he kind of like Does it tricky in a way where it's like yeah, I do want you to go to MBA and get your MBA. I want you to go to business school, get your MBA. That's what. But why, dad? That's like against what you're saying. He's like well, I need bean counters. And he is kind of Offensive with how he says things sometimes. But you have to remember this is a dad talking to his kids and like I Don't know, I don't know if an accountant or an MBA would get offended by that, but he himself is telling his own son like, yeah, do this, but he's also telling him to go get his MBA. It really reminds me of my dad, with with some contradiction Sometimes, where he was always preaching to me to get my To go to Harvard Business School or or law school and Like, at the same time he was always Telling me as we were driving by plots of land that were getting developed and, eagle, I should have grabbed that plot of land. What was I thinking? I had the chance, like he, like you were telling us, sparky, my dad definitely fell into the camp of get a good job, get good benefits, get in. It has set up my mom. He, he made great moves. I cannot knock that that camp. He killed it. He killed that camp, absolutely, destroyed it, hit every goal of the the work your way up the ladder to get a retirement and set your wife up. Like my mom is taken care of and it's. I love it. I'm so glad he did that. That was his goal and he knocked it out of the park.
Speaker 6:But he, he just wanted so bad to take the risks but he just couldn't. He didn't have the stomach for it. He was a planner, he was a saver, he was a you know, just, I want to make sure it's there. Up until his last breaths he was making sure that the accounts were good and it was, you know, years out of his hands. But in his state that was still. You know, I wonder if he was. It was fear for him of making sure my mom was okay before he left. I you know, and so it is.
Speaker 6:It is interesting, I guess, to see contradictions, and Sometimes it might even be, you know, not like the contradiction from from the rich dad here in the book. I think he knows what he's doing and how you'll have a lesson for everything. But you know, I I noticed the contradictions with myself, with, you know, talking about money to my kids, and so it is going to be interesting to. I think everyone has stated in one way or another yeah, let's take the good what. What resonates with me. Not everything will, and I think that's okay.
Speaker 6:I think you were kind of expressing that a little bit as well, and I think the book itself is doing a pretty good job of with this study session as well. Just questioning, you know, like, if we don't get, you know, a, b and C out of this book, we might at least get three questions out of this book that we can take on and Continue asking ourselves and light that fire under our ass a little bit. So anyway, sorry, I'm gonna, as always, ramble and give my little takes here and there. You guys are always Having questions pop up in my mind. So, yeah, thanks, sparky, great it great.
Speaker 7:Intro take well, and I think that's something that we need to do more as a society is is Open ourselves up and question more. Because, as I touched on the sports betting stuff that Daph's taught me, trying to explain that to anybody and anybody Majority of them will hear you and think that you're a gambling degenerate. I, like, I had a conversation with my mom and you know, obviously I'm not working, I don't have a job, right, and I went and visited with my mom so that she could spend some time with my son this is before the holidays and I told her it's like what would you say if I told you I was betting on sports? And she said you don't have the money to do that. And I was like, right, but what if I told you it was guaranteed? And she's like that's impossible. So I sat down and I actually explained it to her and and this is this is one of the things that I was trying to try to explain about us being open to Seeing opportunities and us being able to, like, put our preconceived notions behind and our biases behind about what we know and Open ourselves up to new teachings, new learnings, because Trying to explain to my mom like she still doesn't understand it and doesn't understand the mathematics which I didn't at first either and you know I sat down with with that for a long time and explain it and it, once you finally understand it it's, it's so simple and it makes a lot of sense and it's it's literally like Making money from nothing.
Speaker 7:But it isn't because you and you need money to do it. And that's the one thing about a lot of this stuff, that that I feel like you need money for a lot of things in life To make money, to generate money. A lot of times it doesn't necessarily come out of nothing. In in our current reality it's very difficult to make money from nothing. But you know, we see people doing it to some degree in Web 3 and that's why a lot of people latch on to it.
Speaker 7:But you know the back to my point about, like us, learning and opening up. There's there's a lot of people who are there's. There's that philosophy of the glass half full or half empty. Or you know, if your glass is full and you're not emptying it out so that you can fill it back up, you you prevent yourself from being able to learn new opportunities and that's sort of that sort of scenario. So Try and empty your glass out when people are discussing things so that you can fill it up with new knowledge and learn. Because because, look, when an opportunity like this comes around, where you're learning about stuff, it's, it's there for the taking. You just have to understand it and be able to understand it. And if you're preset to be like, no, that's, that doesn't work.
Speaker 7:Like one of the things for me too, that that, again, trying to explain it to someone like my wife talking about stocks and talk about crypto where, like buying a put or Getting shorts on different things, you can make money when things go down. So when, when a crypto loses money, that's on a central exchange, you can make money off of it losing money. And a Lot of people don't understand that because it doesn't make sense that the mathematics don't Compute in their brain. But when you start to see that it's the opportunities there to do that, I mean it's a lot riskier because you have to be predicting when it's gonna go down, if it's gonna go down, that sort of stuff. But However the market moves, whether it moves up or down, you can literally make money doing it, and it's another one of those instances where you need to have money to make money, so you can't really make money from nothing, but it's.
Speaker 7:It's a very interesting thing that, again, not a lot of people are willing to learn because they have these preconceived notions, and I feel like People have this, this, they've been taught this certain stuff in a certain way, much like we discussed with parents or whatever, even even in school, some of the stuff that they teach, but there's an ignorance there to it and we need to. We need to stop being ignorant about finances and start Taking some control, because that's the only way that you're going to be able to grow and Learn. Anyways, I'll shut up now.
Speaker 6:I Love it. I'm liking 2024, sparky energy. That was good stuff, man. Thank you, you got me all motivated. That was great. I think I'm Regardless of the conversation let's take that's a really cool way to look at it empty your glass before you go in so you can have have room to take in something new. I love that. That's really beautiful and cool. As I'm always gonna say some Bruce Lee shit, oh man, I don't see any hands. Who's got thoughts? Who's next? I know you guys are are excited to give your your opening. Takes money, money, money, dap. I'm gonna start calling on people DAP. I'm excited to hear from you because you think there might be some controversy, some. I'm interested what you think Will spur that, or or what could, or any thoughts, my friend, any thoughts? I?
Speaker 3:Think the big one's gonna be whenever it get. I know it's gonna get to a point of where he talks about using debt in a leveraged position instead of the normal person's gonna see debt as a burden, whereas the person that is trained correctly Well, the person is trained, I would say, correctly. I'm sorry, the person that is trained in the alternate manner would be able to use that as as like a strategic Like you know, it's like that the right item that they need at the right time. You know, like if someone were to Be put in a position. So I can, I'll give an example of something that really did happen to me and so, like, I took a loan out to get a building one time.
Speaker 3:That was an office and it had 24 storage units also, and it was the first thing I ever purchased, any purchased a house. Yet that purchased it. My father-in-law had suggested it to me and he knew the person that owned it, so I bought it. And then it's where I started up, had business was there and I got to. Essentially, I mean, I the kind of mentality that he was talking about kind of took over on its own. I never read this book before until now, but Looking back at that in retrospect, I can see myself I Wanted that building, I wanted it. It was the first thing it like significant. I never purchased anything like that before and I mean, yeah, I bought a car, bought you know Different stuff, it spins a computer or something, stuff that wasn't gonna make me anything, stuff that I just wanted. Whereas this was something where I was like this, this could Turn into something one day, or this is where I can, you know, plant my roots on, you know my business to thrive. And it was a really smart way of doing it too, because the storage units actually ended up paying for the whole mortgage of the thing. So I was in the building for nothing and it just sat there and it just generated money and it and it paid for itself and it was an opportunity.
Speaker 3:And the guy and they owned it, he owned a heating and cooling business and he had it as a call center. It's just a little. It was like a 1100 square foot. It wasn't, like you know, I had crazy big old office building or anything like that. It was in the middle of nowhere, the population of probably, like I Don't know, like four or five thousand people. Very, very country area of Tennessee and I mean it's the only place in that area that had storage units.
Speaker 3:So I Pulled every damn dollar that I owned which was not very much at the time, and I, I tried, I sold off stuff that I didn't even. That didn't generate any money. I Sold stuff so that I could like you know just things like I had a kayak. I was like all right, by kayak, I had Some other stuff or whatever. I tried to just Hustle as much as I could by at that time because I was like and and that right, there is the, the part in the book where he talks about man. He talked about it's miss, it's escaping me. Now, you know, I'm trying to say yeah, you know what it is, laying your hand up. I.
Speaker 6:I. I don't know what you're referring to, but I was gonna ask you. In the in the realm of Fear and greed, the chapter talked about those two kind of driving people and their decisions. It sounds to me like you were driven by excitement in this phase. What would you say that might be correct, or what were you?
Speaker 3:doing. Yeah, it wasn't fear of greed, but I think that he's talking about the, maybe the fear and greed. I Think he's talking about fear and greed. He's talking about number seven. Are the rich and the poor more Sustable to those controlling emotions of fear and greed? I think that he's just saying that. Well, I think that the, the rich, probably don't need To worry about the fear or the greed.
Speaker 3:And Then I think that I think that there's more radical Emotions involved with poor. There's fear and there's greed, like I think that they're like a lot. I think they're a lot different, interesting. Okay, I feel like like the person, like if you're, if you're already rich, your fear and greed index is gonna be Like a five. If it's like one to ten, both are gonna be the same. I think they're gonna kind of be more neutral, whereas I think if you're poor I mean, in contest of what this book is referencing, the poor it the fear is gonna be like you know, they're both gonna be tens, like you know, saying like they're gonna be the, the extremes of Even other you know.
Speaker 6:So you're saying that one once you start you know, because he does talk about how you know, with money Come more problems and he goes down that route a little bit. But are you kind of that? The? The rich are Allotted a little bit more of a spectrum of emotions to be able to fall into, whereas the poor it's like either a one or a ten you're, you're, you're at the well, I wouldn't say a one or a ten, I'd say a ten and a ten on fear and greed.
Speaker 3:So what I'm saying is like, so, like If, if someone that we'd be considering poor through this book, they lost their job, the fear is going to be way higher than someone that is already rich, obviously. Likewise, if they come into a thing of money, the greed index on it's gonna also be a ten, because their norm is neither. If they're doing okay, then I don't feel I feel like there's gonna be like a constant fear and a constant greed, but I feel it. It's gonna be, you know, it's gonna be over Influenced. I feel that they're gonna feel it more you know like gambling and stuff.
Speaker 3:You know like they, they go to the casino and then boom, okay it's, you go to the casino and boom, they lost all their money. You know saying it's literally like going to the casino, probably on the fear greed, fear of losing it, fear of winning, or the greed of wanting more in the fear of losing.
Speaker 6:But so where do you think you fell in this phase with buying that building?
Speaker 3:I Don't know. I Just know that I wanted I. I had the passion of entrepreneurialism in me and I wanted to do Something. And that was like the next step.
Speaker 3:I was out growing my parents spare bedroom and With my little business, as you call it, had a desk and a workbench in there fixing computers and cell phones and stuff and then who would end up being my father of all, was the one that had told me about the place, and I I listened to him, so I also there's another reference there is. I see I'm sure they'll not listen to this, but I see my, my actual father, as being the poor dad. Even though I do not feel that he is poor, I feel that he aligns more with the poor dad and I feel that my father-in-law, at one point in time during that time period not now, because he's getting closer retiring so I Feel that he, he aligned more with the rich dad in how he was the one that told me no, oh, go get alone, don't worry about the interest, it'll pay for itself, don't worry about all that, you're overthinking it, just go do it. I was like, alright, well, I'll scrounge up and down for a down payment, I'll sell stuff I don't need. And then I did it and we got it. And then I was there for seven years and then the value of the place doubled when I sold it and yeah, but that was my like, it was my first success really was doing that. So I mean it's I know. And now, since I've done that, I Filling the different emotions.
Speaker 3:It was, you know there was. There was fear that sat in after that, fear of Am I gonna do something stupid with this? Am I going to, you know? Is the price of stuff gonna go up? And then I'm gonna be. You know, is what I did? Was this the peak that I sold at? I don't know.
Speaker 3:There's so many different things. Like as soon as they cut me a check out, I wanted to throw up. When I got home or just look at the check I wanted to puke. I Never thought I'd have that kind of reaction to money. I was like I just want to throw up and I mean, most people are like man, give me all the money in the world, everything.
Speaker 3:If you gave me a billion dollars and I actually earned it, I Would never, probably ever, feel that I earned that damn money. I would probably probably my body would probably go numb literally and I would probably throw up everywhere. I can't handle it like that, like I don't know. I don't know that much. It's this the responsibility of. What do I do with it? Do I lose any of it? Well, my god, what I do with this? So I don't know. It's just and this is a perspective that others May not even be able to share stuff, but I'm just telling you my experience, and and that's what I'm here for. So Is there any other numbers that you want me to take? You Do you want you want me to go through each one and just give you a short little thing of each one?
Speaker 6:Hey, any thoughts you want to share? My friend, that's a great story. I love that. That's a. That's a fun success story have you ever had? Maybe the opposite. I.
Speaker 3:I, I, yeah, that was my oh, my god did something stupid with this and it wasn't like I mean it was some money but it wasn't like you know enough to Well, it was money and it's is it money that I wish I still had. Yeah, I mean I wish I still had, you know, the dollar I put in the coat machine or whatever. But you know it's definitely made me more frugal on stuff, a lot more penny pension and stuff on things. And you know they had that saying of you know Take care of the pennies and the dollars will take care of themselves or whatever. So I've gotten a lot more on that. So if somebody like At the shop was paying for shipping on certain things and stuff, I'm like why don't you wait until we like get enough stuff so that we get free shipping or whatever?
Speaker 3:It goes like that stuff adds up over time and they're like a really like that worried over five bucks. I'm like maybe Because it adds up, I mean Anyway. So, number one, how common is the approach to money Taken by Roberts poor dad? I would say super common. That's like what? Like growing up here was like, that's like how money was. I had a, this was going with sparky sparky. You want to say something you had.
Speaker 7:I just want to say I agree with the frugal mentality and the frugal mindset because it's something that you know, with what I've been going through myself, we've looked at things and and I'm starting to get into it kind of in line with with that YouTube video of the guy doing the survival challenges or whatever I'm getting into breaking things down to their basic ingredients and instead of buying bread and buying cookies and all that shit, I'm actually like let's just get the ingredients and I'll make a batch of cookies or I'll make some bread and We'll have that and that's you know. That's where my mindset's that because it's cheaper in the long run to buy a bag of flour or some eggs, some milk and whatever else and Make that shit from scratch, as opposed to, oh, let's just go spend you know six bucks on a loaf of bread or whatever it ends up being. So I totally agree with that frugal mindset and I think it's it's a very good mindset for a lot of people start getting back into.
Speaker 3:Yeah, it's like you're offsetting the, the labor like you. Instead, your your essentially giving yourself the job or the salary of what the other person would have been doing anyways in that pre-made stuff. So it's like you're already setting yourself up for success through doing that kind of stuff. Or if you're being frugal about saving money and other ways and penny-pinching and different stuff. I mean, a lot of people just see it as like you know, like they make a good trade or whatever, and they're like oh, I made money, I made money. I made money. Well, nobody thinks about when you saved money by doing something. But guess what, that was also a financial gain. It's just a visit. It wasn't triggered in the same Like order, like it was, because the cost savings, but people to see it as I didn't spend as much, whereas if you get into I gained by not doing it.
Speaker 3:It's the same thing, it's just. It's just the other order. So it's a mindset thing. So, yeah, back to number one. Yeah, I did say it's way more common and I was thinking about this too. So when this is something that will contradict Sparky's a little bit, on the money of people like in school and stuff being taught money, so, but this is just from my experience in United States.
Speaker 3:So when I went to high school I believe I was either in sophomore or junior year at high school my economics teacher was also the football coach. We would go in there and he would have us memorize each one of the terms and the definition behind the term and he would have the exact order it was in on the test. You come in the next day for the test and all you had to do was Remember all the words and their order and you didn't have to remember what they were for. So that was the extent of our money Training. I even went up to him and I said, hey, I'm interested in buying some stocks. How do I do that? He said, just go buy stocks. I was like, yeah, but how? He's like, just go buy them, like you go to the bank or whatever. I was like okay. So I mean that was not right. He had no idea.
Speaker 3:All he cared about was the football, that's all I cared about and I mean they just you know they had an opening and I know you're gonna be the economics Like economics is a general thing that you know everybody has to deal with, so you're good to do that. You know, like we had another one news like a Driver's education he was a basketball coach. So I mean it's just that's just what they were so but anyways, that that was the extent of the money on there. Even when I went to college, like I took microeconomics, macroeconomics, accounting one and two managerial accounting, none of that shit had the word tax in it. So nobody teaches you about your taxes, at least for me, and no one did. My mom and dad they would file their tax return by my mom, would fill it out and then ended up marrying the daughter of an accountant. So now I get that taken care of by him and yeah, so that's that was the extent of that. My dad was go to work, get paid, pay taxes, that's that's his thing. And you'll hear the Robert talk about that if you're hearing. Yeah, it's just that's what he's talking about by the rat race.
Speaker 3:By the way, number two Roberts rich dad said true learning takes energy, passion and a burning desire. What are examples of when this has proven true in your life. Well, I just gave you one, the one about the storage units. I was scared, shitless in the beginning of doing that and everything, and once I figured out that everything was gonna take care of itself, it was. It was pretty cool. Definitely the scariest thing I've ever done with money was that let's see here with a pay rate of ten cents an hour and then nothing an hour have stirred in you the same reaction as Robert. So that's gonna be a very In 1950, whatever. Ten cents an hour and he's talking about a dollar an hour is pretty crazy. And then people get paid. Five dollars an hour was like your richest hell. So At nine years old, probably wouldn't give a shit, because that's how old they were. Yeah, I wouldn't have carried. Probably on. Number three Ten cents is closer to nothing than it is a dollar, especially when I had no other responsibilities other than the comic books and stuff.
Speaker 3:So for, is it fear that drives most people to work? Are there other factors at play? Huh, I, there's other factors at play. I don't fear such a one word. To put it all into, you're taking all the responsibilities of an individual financially and putting it one word fear.
Speaker 3:I Don't know what to say about that one, but yeah, I feel that a lot of people feel fear Is Is to, is the temptation strong to think that more money will sue that fear. Why is it such a common reaction? That's because people feel that when they're my opinion on that is, I feel that people think that whenever they are going to be making more money, they feel like it's going to be making them happier. It's going to be a never ending whole if they continue with that mindset and they don't choose something else to fill it up with as well. Yes, having money will allow you to do whatever you want to, if you have enough to certain limitations, but it also would allow you to not have to worry about certain things or worry about do I have enough money to get that? Oh, I want that, I'll get that.
Speaker 6:It also sounds like you related with. He mentioned how some people they'll get money and if they fear that, they'll now lose it. So the fear turns into something different. It sounds like you felt that for a second with that big check.
Speaker 3:I still do, yeah, because I'm still. I've literally so, like since my kids have been born, and so once they were born, and well, once it was born, and then I guess so in 21 is when I sold the building edge, was born in 19. So two years old, and ever was on the way. So when that happened, yeah, the fears there and like all last year near before, like I've been stayed at home a lot more and helping, like Jacqueline takes care of the stuff and everything, and my business has gone more into like a break even sort of situation to where it's just like paying for itself and paying for the employees. I mean I'm not making anything and I've gotten right now I'm in a rut where I feel less entrepreneurial than usual. So, reading this book, I'm wanting to read through all of this book to help me out with that. I feel like it's going to spark that, especially with them, you know, making the counterfeit nickels and everything, stuff, and I mean I didn't do that.
Speaker 3:My story that's similar to that one is when I was at in college the book store there that everyone would purchase their college books from. There was a new building that was built, a student union building, and it was probably like three blocks down in camp as how the campus is laid out. And me and my friend Matt that went to college with me, we went there to just look at something and it said that they were having a sale ago in there. And if you've gone to college and stuff in the United States, you probably know about, like CHEG, cheg, cheg A books, several different book vendors like that, where you can get your college textbooks for free or you can rent them and stuff and then you can also buy back books so they'll give you money for a fraction of what they're worth and then they sell them to other people. So use textbook market is there, and so when we went there and everything, lo and behold, it said moving sale all books a dollar. And I said what the hell, a dollar. So they had a table full of books and I got my phone out. I had an app called book scouter. Scan the barcodes on it. It was a go and search across all those places. That it was. They were listed, they would buy back and they would give you a guaranteed buyback, like you were like hey, here you go, here's a label. Ship them to us within this amount of days and we'll send you a check or give you the money through PayPal or whatever.
Speaker 3:And I sat there and I bought like 114 books and flipped into like $1200. So that was my little nickel story. So that was like the first on the spot thing that I've ever done like that before, like going into full scale business and stuff. But that's one of those little things like I had to have $114 to be able to do it. So that's the thing of knowing, hey, you have to have some money to be able to do the opportunity. If not, then you'd have to have a loan. So I could argue both ways that sometimes cash is going to be more important because cash is faster. And then the other one is you know, the loan and stuff. I mean it's a different game. I mean I'm comparing books to buildings, probably. So it's just two different things.
Speaker 6:So I think it's a really good example because if you did let's say you did go after a loan. I mean that is a really good use case for like yo, if you don't have the money, it's a sure deal. You've got a company that's on the spot, money They'll get. You're looking up the barcodes. You could present that to a friend even and get a friend's loan if you've got some trust with someone. I think that's kind of the route we're probably going to be taken down with. This book is like you know, if you've got some good deals, like you and Sparky have kind of mentioned, keep an eye out for opportunities. You know, weigh your risk tolerance, dive in. If you have nothing to dive into, that that is a problem. I think a lot of people don't understand that. Well, there are opportunities if you are willing to risk it because you have to pay it back. And it's like I have a great example of this.
Speaker 6:This wasn't a business move, this was getting into our current home. I was not doing well with my credit at the time. I was building businesses, I was putting my name on merchants, I was building and an opportunity came up for a home. The market was just before it went nuts here in Boise. I was like man, we got to hop on this. Well, long story short, I got everything together. I thought it was like holy shit, they're going to be so proud of me. I go to the meeting and home he's like yeah, you're 50 grand short. What? How is this possible? He told me this. He's like yeah, we ran the number Like you're 50 grand short. That's the exact number. Well, I went to a colleague. I laid out the whole plan. I showed him the numbers. I got 50 grand. You got 50 grand the next day. It allowed for us to sell the home that we were in, to make the move, to get into the new home Every day. It was like a puzzle that worked perfectly and I needed a loan and it was like a loan to get a loan. It was the wildest idea in my head at the time, but it was just like you'll get your money back tomorrow. This is like for my family. It was so important to me. It was fear. It was a lot of fear. I was fearful of not cat. I could see it happening.
Speaker 6:Californians were moving into Boise and the housing market was going insane and so I just wanted to get in in a different area. All the factors and debt helped me get there and it helped put me into more debt, but it helped me. We spend less on mortgage than we would renting. There's just a lot that I feel good about it it's debt.
Speaker 6:So I think there are interesting scenarios where, if you don't have anything and then that presents the whole case of just like you have to build credit and you have to go into debt to get a good credit score, to get more debt. It is a wild, wild game, and if you get caught in looking at it as liabilities, that's where you'll get stuck spending. I don't have enough money to pay my bills because you spent it on a shiny watch at the store that caught your eye and you didn't need it, and I think that's a fun discussion to have with. This, too, is not necessarily saving, but I love that you guys brought up just being frugal Rich dad, poor dad. He's talking on a different level of like he drives a Rolls Royce, but it's because he paid for it in full and he doesn't use debt to buy things he wants. So I think he will go down some pretty interesting categories routes with, like this debt stuff where it might not be exactly what we're thinking or it might be exactly what we're thinking, but I've had business opportunities, personal opportunities come and go of. You'll need to go into debt for this and I'm really glad that I've taken some of them. I'm really regretful on some of them. I am in the position I am right now because of I guess it would be an opportunity cost debt. I worked for a long time without getting paid to get where I'm at right now to take those risks. It's a really wild ride and it's so different for every single person, especially taking into account taxes and property, this and that and where you live and what country and what county and homeowners associations. The rat race is real and it can get stressful and it can get really exhausting.
Speaker 6:I think what excites me from the comments I've heard from you guys so far is just a little bit of excitement. This is exciting to kind of start reading this book at this time of the year, setting goals, making money, getting to where we want. I'm just kind of excited that we're already off to a good start of presenting our thoughts. I love hearing your guys' thoughts and I'm just hearing some excitement and some looking forward to the future. That's kind of what I'm already getting out of this and hope to Along the way I would like to learn some tips and tricks that I would like to use. Hopefully I'll be like yeah, rich Dad, poor Dad, actually had some pretty awesome little tips I'm living now. I'm curious to see if I pick up any. I hope I'm not too stubborn to refuse some of the easy ones. I love emptying my cup and trying to fill it with good stuff. You guys already have given me some extras on top of the book already. I'm excited to hear from Demrice, edward and Conquest what thoughts do you guys have going on?
Speaker 6:About the book Anything, my friend. You know how it goes we start talking about the book and then we start telling stories and anything that's on your mind, Of course.
Speaker 9:I was going to relate to. Like I said, I read the book. My experience is I was working in going to school and a friend online.
Speaker 9:I haven't talked to him in a long time, but a friend of mine online is the one who taught me a little bit about 4-H. I started learning that I got involved with a community out there. I think it was called iMarketsLob. Anyway, it was a company that was created and they were selling courses and blah, blah blah. I wouldn't recommend that company to anybody, but that's a story for another time.
Speaker 9:I was learning about 4-H and I ended up making some money at work. I went out there to a convention for a week and I bought this book. I didn't know too much about anything as far as being an entrepreneur or anything. It's kind of like I just said, all right, I'm going to take out work for a week and just go. Yeah, I went out there and I was reading this book on the way out there and I learned about it. I also had a book how to Win Friends and Influences. So I was reading those books on the way out there, learning how to talk to people, get to know people, share my story with them. I just want to say this book. It really changed my life because I was just working. I was doing nothing but working. I didn't know where I was going in life and I didn't really have a plan, so I'm thankful for my friends who did teach me what he taught me, because it led me to this book and it led me to a lot of other things that I'm able to do now.
Speaker 6:I love it. That's some good stuff. I love a good road trip book. You don't get car sick then, I suppose.
Speaker 9:No, I don't. I flew out there, though I flew out there when I was reading it.
Speaker 6:That's like a must for me. I guess it's harder to grab an airport book these days because you've got all those movie options on the apps when you're on the airplane. But, yeah, no, I love a good travel book. That's the best. A vacation book yeah, people think I'm crazy reading on vacations. It's like this that's what I'm on vacation for. I love a good book. Yeah, conquest, I'm excited to hear more of your thoughts. Brother, thank you so much for being up here tonight.
Speaker 9:Thank you, brother. Thank you for always having these words alive. That's why I come here. If I miss it, it's either I'm asleep, but yeah, I'm always going to pull up.
Speaker 6:I love it. I'm really excited to announce we did have Sassy Token come up to the stage. My friends, please be kind. We love new people here up on the stage so we have to make a really good impression to Sassy so she sticks around. Sassy, how are you Good.
Speaker 12:How are you guys? Let's see if my voice holds up. For me I still don't have it quite back since Christmas. So it's really nice to meet you guys and it's really interesting to hear how everyone breaks down their personal stories and how they interpret the book. I know Sparky talked about how you look for opportunities, and this is one of them. I wouldn't be here if it wasn't for Serena tagging me in something random on Twitter and I show up and it's like if you don't look for opportunities, they aren't there here I am. Thank you to Pandemania and all of you guys. It's been great.
Speaker 12:I'm enjoying the book so far and actually I'm kind of revisiting it. I had the audiobook. I listened to it a while back. So, spoiler alert, there's no sugar daddy, so we've got to figure this out together.
Speaker 12:So our first chapter the rich don't work for money. That's something that I think most of us don't relate to money in that way, because you've always been told if you work hard, you make money, you go to school, that's how you get ahead in life. And then you look at different people and there's a lot of really good examples, but they don't follow exactly what you are told to do. They take their own path and a lot of times the risk brings reward and you play the hand of the dealt and you look at it creatively and something about looking for opportunities that really stuck with me.
Speaker 12:I heard about the red car theory and I don't know if you guys have ever heard of that, but basically I've heard it put a few different ways. But think about your last trip on your way home or your last trip to work. Wherever you were going, did you see any red cars? And you think, well, I don't know, maybe right. So you think, okay, what if I told you that for every red car you see, I'll give you 50 bucks. How many red cars are you going to see? All of them. So that's how luck works and that's how opportunities work. If you're not looking for them, they're going to pass you by and you won't pay any attention to them. But if you're always open and you're looking for opportunities, they're right there. So you just have to be looking for those opportunities. And in chapter one I was kind of thinking did Rich Dad know that there was an opportunity with comic books or did he just figure they're either going to give up or they're going to find something, did he?
Speaker 6:know that I have a question.
Speaker 12:That was my line of very question. Did he know? You know that was so softly.
Speaker 6:If he would find an opportunity right and he was like job well done, Look at me, I'm the man. But he kind of lucked out right, If he didn't know about that a little bit. Anyways, I thought that was something. Sorry to interrupt, I thought that was something.
Speaker 12:No, no, please. A lot of times I don't do these because I feel really weird when I can't see a crowd and I don't know. It's like well, talk to me, goose, I want to know how you're doing, right, the dead air kind of gets to me. So please don't worry about jumping in. I'm all over the place and scattered anyway. But yeah, I kind of think of this as like the red car theory If you bought a red car, suddenly you're going to see red cars everywhere. So I'm going to try and keep an open mind to everything.
Speaker 12:And then I like how they break different things down. Like in each chapter they're talking about okay, left hemisphere moment, right hemisphere moment, so your right hemisphere controls your imagination, creativity, your artistic ability, that sort of thing where you're coming up with the ideas. And then the left hemisphere is your logic, linear thinking, facts, math, words. So they kind of break it down and each lesson, and then I think the other. I'm trying to remember what it is that they break it down. There's another one subconscious moment. So then they're saying people let emotions of fear and greed rule their lives. So they kind of break it down in different ways and reword it a few different ways. So I was just thinking like if we replace our mindset, because it seems like there's just trying to point out that your internal dialogue is like the limit of your potential.
Speaker 12:So if you go into a job interview and you just, you know, you try not to let yourself down and don't want to get your hopes up and you kind of have that mindset, what if you went into that interview and you just told yourself I already have this job and you go into it and talk like that? You know my last interview I was thinking like I don't know if I had it. And at the point where I was thinking I don't know, I can't gauge how this person it was my first virtual interview. Usually I walk in and I get a really firm handshake and I, you know, you just try and look confident. How do you? You don't, it doesn't even matter if you're wearing pants when it's an online interview, like it's a totally different ballgame, right.
Speaker 12:And I kind of relaxed at the point where I'm like I don't know if I got this and I kind of made a joke with the guy and he says oh yes, today we have an audit and that's why I'm wearing a suit and tie and I kind of chuckled, completely relaxed. I'm like, oh, I thought you were wearing that for me and I just started talking to the guy like he was a human and it went from completely serious and like straight to the point questions to I was more relaxed, he was more relaxed and it was just we kind of talked more about life and your goals and instead of this is what I have done in my past. It was a lot less robotic because I think in my head I gave up. I was just like whatever, and then things really got smooth from there. So I just I hope that we go for that interview.
Speaker 12:You already have it. Go into that with your mindset. Don't try and not let yourself down. Try and tell yourself you've already made it and just talk to them like you're just interviewing them. That's my, my recommendation, because interviews are hard and I'm sure that they've interviewed a lot of people. Think about what makes you stand out and just be yourself. You don't have to be robotic. And so, anyway, it's really good to meet you guys and hopefully next time I have a voice. I can't always talk if I'm at work, but about 50% of the time I should be able to jump on if you make me.
Speaker 6:Yay, okay, well, you don't have to twist my arm. I throw out those request offers like nothing. I'm so excited to have you here. Thank you for your thoughts and that red car theory. I really hope you bring some more of those, those little golden pieces to the to the plate some more. That was great. I'm actually I've got a new gym. It's really bad for my habits, but I love going a little bit later. So after this I'm going to make my way through the you know the, the voyage through the snow to the gym and I'm going to be looking out for red cars. That's so funny. I love that.
Speaker 12:Yes, I like that because it's like things are all around us, but we just don't really see them. You know and then, but if you're looking they're there.
Speaker 6:I love that. That really reminded me of how I got my video business going. I dropped out of school to be a businessman and in retrospect, like I'm so glad all the moves I made. It's like I really relate to some of these principles that he's talking about here and I I had those late night conversations with my mom and dad of just like I'm going to do it, I'm dropping out, I can't do it anymore, and anyways I one thing led to another, to another, to another.
Speaker 6:I was really excited to do video and I just jumped in and I knew it was going to be impossible to find opportunities. I made that my my baseline. Like, opportunities are not going to pop up. I'm jumping into a game. I'm brand new. Yes, I feel like I can be good at it, but I have no portfolio Like there's. I'm not going to be able to jump into any wedding video market, any business video market. I've got to create some opportunities here. And so what I did is I went around to dentists that was my niche market that I just figured hey, these guys pay how much for mail outs, like what. I heard that somewhere of how much these guys were paying for mail outs and I was just like I'm looking for like $300 videos. I am easily going to be able to do this. And I went to different dentists and I said hey, let me create a video for you and, if you like it, keep it. And if you want to keep working with me, I've got lots of video ideas that would work really well for you.
Speaker 6:They're like, Okay, what do you need? And I got a job out of. Like every single dentist I went after. The plan worked great and in a world where I would have just been hoping for some, some exposure, hoping for some eyeballs, I really went out there and created opportunities and that really resonated with me. That red, that red car theory A lot of times. Sometimes the opportunities aren't even there. You really might even have to get creative and sometimes you'll even luck out. I feel like those kids lucked out. Not everyone has, you know, comic books lying around that they can make that opportunity out of. It's just sometimes you might have to look for opportunities to create opportunities. And so, yeah, you got my mind thinking Sassy, thank you for coming to the speaker panel. Please come back more often.
Speaker 12:All right, you're welcome. I love that you painted that car red. That's like next level. So that's crazy, that's awesome. Thank you very much.
Speaker 6:Thank you. Thank you, I'm excited to hear from Edward and Demrease as well. We also have a new friend here on the stage, jiggy. Thank you for coming up here. I am excited to get to know you. We do book time. We're talking about Rich Dad, poor Dad. I'm stoked to hear anybody's thoughts. I would love to hear yours. If you have any takes, please feel free to unmute or throw your hand up. We'd love to hear your thoughts. Demrease and Edward, I haven't picked on you guys yet. Then, jiggy, yeah, if you're hanging out, I'll pick on you as well. Edward, let's hear your thoughts. My friend, I know you were a little iffy about taking out loans and this guy's all about loans so far. So far, we haven't really gotten into that with the content. Any thoughts so far?
Speaker 10:Oh, I haven't thought if no one has anything Because that book really opened my eyes when they're talking about debt because it's like you don't pay taxes on a loan. So these rich people are like they're all in debt and it's like because they're not paying taxes on that money, they're using that money to invest, making that money, make more money, and then they're not paying all these taxes. If you're working, they tax the fuck out of you if you actually work for your money. So I think that's one point that really stood out to me.
Speaker 6:So you've read the book. We're only on chapter one, my friend. So you're giving us some good spoilers here. I love it.
Speaker 10:Oh, my bad, my bad.
Speaker 6:Don't even worry about it. I'm saying that almost in joking, because the last books we've been reading were fiction, so we really did have to be serious about spoilers, this stuff. We're going to be talking about chapter 10 stuff, I'm sure during chapter one. So anybody that has a little bit of insight and has already read the book, please feel free to talk about stuff from future chapters. I do not mind that at all. I don't think we're worried about spoilers with self-help type stuff. So you liked it, you had a good experience with it. Do you feel like it inspired you outside of just good knowledge? Do you think it kind of lit a fire under your ass in different ways?
Speaker 10:I feel like yeah, because I feel like in a whole it really opens your eyes to really the rat race. You see exactly what these people are just locked in for life and you don't really be noticed it and it's like until you have your money, making money while you're sleeping, you're not going to get out of that shit and I really need to reread it. You guys said you guys are reading it, so how does that work? Is it like in the discord? Do you guys keep up? Is it like a book club? Can you talk a little bit about that? I know you probably already talked the hell out of this, but no, that's great.
Speaker 6:I love that question because it gives me a chance to do a little self-promotion shill for the NFT project and of stuff. So, no, it's a great question because we do meet on Mondays and Wednesdays. We just started up again for the new year, so Mondays and Wednesdays at 11 pm Eastern Standard Time and then we just assign basically what we're reading before the next time. So next Monday we'll be reading and discussing chapter two and we have a health and fitness perk with our project. And so our holders, depending on your holdings, there's different perks and different fun stuff within the health and fitness stuff. And part of that is a bunch of different books and I think we're on shoot, I don't know, maybe book number seven around there, six or seven, but we're really starting to add up and we have a reimbursement system for our holders and so you buy the book, you show me the proof of purchase and I reimburse you, and so that's kind of how we can kind of quote, unquote, read together. We give each other enough time to buy the book before the next round, and so anyone that kind of hops in throughout the middle of the book, we do kind of start to say, ah, I apologize if you're just now getting the book. We're almost done, but yeah, it sounds like you you'll be rereading.
Speaker 6:So anybody, though, is welcome to join on these spaces. We just do them here, and, as you can see, it's always just a little small but mighty little intimate group, and we it's awesome, we got a great little consistent group of speakers there here that come up, and I'm so excited tonight because you and sassy came up, and conquest hasn't come up for a while, and Demri's, and so we really love having people come up and give their thoughts, and so we'll be doing this one. I guess, man, this one will fly by. Yeah, there's not a lot of chapters, so if we do one each each Monday and Wednesday, we'll cruise through this one pretty fast, so we'll, at that point, we do another book, and we'll just keep doing it forever.
Speaker 10:And then, how do you like choose the next book? Is it like a, like a community vote, like does, is it like someone designated for that or like how does that work?
Speaker 6:It's been pretty free style, I would say, up to this point. We did some fiction. We did, I think, four different books of fiction. Before that there were different self-help. We did do a round or two of voting before the self-help books and that kind of got us to where we are now and our group has become pretty consistent to where on the spaces.
Speaker 6:Last time we all collectively just thought a financial self-help book might be the fun, next one, and I did. I kind of just over the break we did a free mint and so I was kind of busy and I just, executive decision, told everyone let's do Rich Dad, poor Dad, because we did kind of talk about it on the spaces together. But funny enough, I did DM with Gary Vee and he's totally ghosted me guys, if anyone hasn't in, I had an almost with Gary doing his book. That would have been a lot of fun. But yeah, I'll accept his email back with open arms if anyone can get him to respond to me. So I did just kind of give Gary about a week and a half or two weeks to respond. He didn't and so I just decided we got to move on. And yeah, this one was kind of an executive decision. My call based on a little bit of conversation in the spaces, but I think the next one for sure will be another round of voting. I think we've got to. It's probably a good reset at that point.
Speaker 10:So yeah, hey Bobz.
Speaker 6:Yeah, so I appreciate you being here, my friend. Yeah, we have good conversations and we tried and true, we've done different genres and it's really fun, man, and especially if you're getting the reimbursements. The books are free, quote unquote. But, man, if you're not a part of our project or anything like that, yeah, mondays and Wednesdays we'd love to have you here, regardless if you're a holder or not, and yeah, love different visitors. Thanks for being here, my friend.
Speaker 10:Yes, sir. So what are your thoughts on? Like chapter one, because I forgot. Is that like when he's working in, like the gas station? Because I kind of forgot.
Speaker 6:So this one goes all the way back to where he and his buddy. They want to make some money. His dad, who he goes on to call the poor dad, tells him about his friend Mike and his dad, who's actually very good with money. And so you know, they're taught to make money. They give it a try and actually make lead nickels and that leads down the whole path of them learning about fear and greed and learning about risk opportunity. And they started their very first business together, which was a comic book store where they would rent out a few hours to their buddies for 10 cents that people could come in. Their little sister was hired to keep a watch out and they had their first successful little business. So I don't know if you remember that whole little story, but that's kind of how the book kicks off and we haven't really gotten into a lot of details yet.
Speaker 6:I like that, this first chapter. It kind of sets it up, for I think we're going to learn some interesting lessons and I love storytelling and I think my overall take so far is I loved. Before any chapters or anything, there was a USA Today quote before. Anything that says rich dad, poor dad is a starting point for anyone looking to gain control of their financial future, and I like that. This is this. If we look at it like that, we don't have to look at it like a roadmap. We don't have to look at it like a formula, a get rich quick scheme. This is how you do it. This is a good starting point and I felt good about kind of taking this book from that mindset and I love that.
Speaker 6:I was surprised by the storytelling. I like to smile and have those feel good moments and anytime someone's writing about their childhood and things that adults told them that they're caring with them. I don't know. So far I've had outside of just like I'm excited business wise and money wise to talk about that stuff. I like the feel good aspects so far of the book. So yeah, I think that's kind of my take. So far, outside of the other discussion, we've kind of been talking about fear and greed and opportunity. But so far, so far, I'm actually enjoying reading the book. That's impressive to me that I can kind of flip from one page to the next. I'm like I like this. This guy's writing styles fun too. So yeah, so far, so good. For me. I have not been bored or turned off by it quite yet. So I think that's my take for the night. Any other thoughts? Jiggy, that you want to get us hyped up for the book? Because, yeah, like I said, we're just starting chapter ones under our belt. We got got the rest to go.
Speaker 10:Um, yeah, I mean I just don't want to spoil it too much because I mean we're going to get to that for sure. So I'm just excited, you know, to find out about this and, you know, be a part of this for sure. I got a question so, like have you guys thought like it's okay, it's like one chapter is like a week? Have we not thought about like maybe like two chapters a week, or is that like too crazy? Because I feel like it's like his writing style was kind of like you read one chapter and it's like okay, you know, I don't know. I love it.
Speaker 6:Yeah, no, that's. That's great. We're all hungry to get through it all. So I was joking earlier. The last books we read were actually written by Edward, here on the stage with us, and they're awesome like psychological thrillers and you know, horror genre and these chapters in the book. The last book we read was monstrous. We were reading, you know, like a hundred 120 pages at a time sometimes to get through that one, I think this one. We can definitely hear what everyone has to say, but there's so few chapters that I kind of like having a little bit of time on the spaces to talk about them. We've only got nine chapters with this bad boy.
Speaker 10:Yeah, I forgot it. Yeah, it's kind of a little. You're really right. Yeah, but no.
Speaker 6:I appreciate that I'm the same way. Like I read this first one, I was like, oh, I want to keep going. So I might not feel as bad, you guys, if I read ahead on this book, because but no, I don't know. We'll see what the group thinks.
Speaker 10:But no, I appreciate you, you know hosting the space. Loki, I'm about to hop off, but you know it's been real, it's been a vibe, for sure.
Speaker 6:I love it. Jeevy, Thank you for stopping by. And yeah, we're doing our book club on Mondays and Wednesdays and this is usually around the time that we kind of start wrapping up. And yeah, please stop by anytime, my friend.
Speaker 10:No, yes, sir, you know, appreciate you, bro. So y'all did this shit for sure. Peace.
Speaker 6:Love it. Good vibes from Jeevy. Thanks, Demmaris. We haven't heard from you. My friend, what are your thoughts for us before we start wrapping up the space?
Speaker 11:To be honest, I have like a whole lot of thoughts on this book. First of all, I heard Sparky said something and it really it's something in the book. He said like how do you make money from nothing? Right, because IRL it's freaking hard to do, because if you don't have money to invest, you are not going to make any money, which is why people tend to turn to web-tree, turn to the internet. It's actually bringing out a lot of TikTokers, a lot of YouTubers and a whole lot of persons investing in crypto. They'll find some way they can earn some free cryptocurrency. And he also said that Rich Dad was kind of contradicting, because he is for one. He's telling Robert that get a work, go to school the same way and get an education, but you need to know about money, you need to at least start a business or something like that. But when you check it out, he did not graduate school. He's a job talk, but he's very successful, he's that is highly educated and he's still full of debt.
Speaker 11:Jiggy also touched on a point on that. I'm not really going to go further, but yeah, I believe that is about in lesson two or lesson three there about, because in the other book it's not chapter, it's in lessons. So he also touched on a very interesting topic where, to me, he wanted them to give up, but give up on what he wanted them to give up on the whole term of hard work and getting paid but do not know how to manage money. He wanted them to learn how to be your own, basically your own accountant. So the party said that he's going to teach him auto work for nothing.
Speaker 11:So that was like when I was listening to that I was like what the hell? First it was 10 cents. You only bought by comic books every Saturday leaving from work, which actually turned out to be something good for them in the long run. In my thought I was saying all right, so yes, 10 cents is not enough. You're nine years old, you don't actually need to work for anything, so you're earning 30 cents for the three hours it might.
Speaker 11:I was like saying, instead of buying three comic books after work, you can buy one by one and you ask him to invest that try and invest about that about 20 bucks in his own business. So I was like, all right, he's nine years old, all he's going to think about is comic book, ice cream and probably some sweetie. And then he actually, in the third week, after they were working for nothing, he actually took them to the park and was showing them some good advice and when he when Robert said that yeah, I believe he was telling them, let me get this right. Oh, the people work for him. Literally he's working for nothing, and he was explaining something like that for two hours to the man, robert was saying that isn't that kind of an insult towards him, because they are like hardworking people. Yeah, he said that you will pay them 25 cents and Robert is saying that it's an insult towards who's working for him because they are not working at a amount of money. And he was saying no, basically he loved the lady who is his manager for one of the supermarkets. He loved her. She's like a mother to him, but he's trying to teach them something, which leads to the part of greed right there. And he actually told him that you pay them five dollars per hour. And while listening to the audiobook I was like he's nine years old, why wouldn't he take the five are the dollar, no matter what, because no one is working like that. But for someone to think I don't think about those who are not working at working that amount of money, is actually thinking like a big man. He actually grabs the get the lesson what might that was teaching them from the base guy.
Speaker 11:The second week, the second Saturday, because working for nothing and he's not getting anything, can I buy any more comic books for that three weeks? How those three sat days? So those 30 comic books he bought? The last Saturdays he was working and actually decided, hey, is it going to give me a raise or am I going to quit? He actually helped. He was actually buying them to read and just enjoy himself, because he missed out on this body, missed out on hanging with friends, school is boring and can't enjoy Saturdays. So when he actually told him that he'll pay you this amount, which is way higher, ridiculous amount than what his employees are earning, and for him to think about them and not just say I'll take it, let me just take this money because I'm nine years old, I can buy a lot more comic books. He's actually thinking very smart, he gets the lesson real quick. So it's just choked something with me. I was like, alright, so basically, if my parents and most, most Jamaican parents out here actually taught the kids like, oh, my dad has been teaching them, robert for like 39 years, 30 years, basically, there would be a lot of successful people living in Jamaica.
Speaker 11:Let me tell you right now, if you go into any normal regular ghetto as oh you guys require, the hood or something like that over there, you will might see a boat house. Well, let me tell you this, when you go inside that boat house, there is a 55 inch bloodstream on the wall. There's a refrigerator in that house that's valuable $200,000 Jamaican. The stove is a high burner, six-burner stove, if you don't mind, sharp. They have a dishwasher in the house. You get what I mean. They are literally crying every day about internet. Build us a go up the light. Build us a go up. And then the next thing is tea flight, because the more who watch them, tv, internet after work, the freezer after work, because the more water the funer for work, because the place hot as hell. So it's all about the same thing again what they learn from their parents. They are going to teach their kids Work is safe, but we spend the money and look, don't invest, so you can't earn anything back from your investment, like what DAP did Take a risk, bought the building and it actually turned into something glorious for him. We don't get those lessons out here from our parents.
Speaker 11:When I started learning about entrepreneurship I was 19 years old, going on 20, and I was in Raffford Art doing business administration. Level one, level two Entrepreneurship was basically a basic class that everyone who attended that community college has to learn. That's when I started to learn about money and dive into business way more. And even then the teacher did teach us about finance issues and any of those stuff. We learned about a few business place, a few companies, the owners of them, learn how to create our own product and a few marketing insights. But she didn't go in depth to say, all right, this is what you need to avoid, this is what you can do to be more successful in life, to achieve financial freedom.
Speaker 11:So this, I believe that this book is how open I to a lot of people and I'm going to continue to listen to all the book until I can, until I get to buy the book, because when I do buy it, it's going to take a while for it to reach here. So I'm going to listen to the hell out of this audio nonstop itty-tun replay, repeat until I am doing the steps, definitely Jumping over goals, and achieve what I need to achieve. Celebrate the little, the small goals, learn to appreciate them more, forget what I mean. I'm learning from you guys, actually, and learning from the book as well. So thanks for the executive decision, bro. Definitely thanks for that. I've been wanting to go dive more into this book and it just give me the opportunity to do that more. So, yeah, that's my thought on it.
Speaker 6:Love it. Demeris, thank you for your thoughts, my friend, I love your energy so much and you've told me some of your entrepreneurial ideas, man. You've got some creative, creative, awesome ideas, man. I can't wait to see you pull the trigger on some of these. My friend, I love following all of your guys' journeys and everything. It's really inspiring. I think that's worth its weight in gold. Being connected to people that can inspire you.
Speaker 6:A lot of people will look long and hard for the right convention or conference to just have that spark that gets them going or motivated to get out of bed and excited. I don't want to toot our own horn, you guys, but I am biased, of course, but I leave these book club sessions feeling inspired and motivated. I really think we've got a great collective group of people that have really good thoughts, really intellectual great thoughts and good balance of street smarts and book smarts, emotional intelligence and all of it. I really appreciate this group. I come away with new goals and new direction and new ideas and it's really something else. Thank you guys so much. I don't want to skip over Edward. Are you there, my friend? Sometimes Edward is saving the world in the background, in the ambulance, Skip over me all you want.
Speaker 8:I feel like there's been a lot of conversation and didn't understand half of it. I'm good to go honestly. We can wrap it up.
Speaker 6:All right. My friend Ryan, I know we started with some thoughts from you, but we never got your take.
Speaker 5:Yeah, my take. I would have to say that, oh shoot, I put my mind back there. I was actually just thinking about what was just said by you there and it was like God, it kind of resonates with some of the things I was thinking about. I was actually kind of going to say one thing that I was noticing was I don't know if it's just me, but the way that he identifies is or whoever he is, you know where's it at. I'm not into anything. Oh, Rich Dad Right now he's like he was just throwing me off and I almost felt like when I was reading and I kept saying that that was like a tone If you guys ever like practice any kind of meditation, tones of like the ohms and ohms right and like, supposedly, if you put the tongue to the roof of your mouth right and you project that sound, you resonate and ring the bell in your panning and then all when you read it out loud, I was like wait a minute is this like almost like a cant verse when you sit, when you're saying it, because if you kind of just place it instead of like or replace it with your name, it was kind of like you could use this book as you like, kind of evolving right, or use in when I was saying it.
Speaker 5:It just made that to me resonate hey, this is just a wake up call, that bell that's turning on your head and when you're saying it like that. So maybe that was just me just kind of identifying it within the writing. But I enjoyed the first chapter, the stories of just kind of how kind of like everybody has been saying with not even into it, I can't even think at the moment about all the in depth part that was in chapter one, because there was a couple of different sections that I was kind of like the quotations is not more or less the sections, excuse me, the little quotations that he has, and that's when I, when I earlier I said it kind of felt like a Bible. It was just only the little breakdowns and the little quotations and and try to understand more or less some of them in parallel to the relation within the stories. So I kind of enjoyed it. I'm trying to find this one section too. There was this little.
Speaker 5:Maybe I was in chapter two because I did move a little forward, wankwank a little bit, because I was like, wait a minute, what's going on with these chapters? Because, like you said, there's a work sheets and everything. I didn't notice that until we were restarted the space and I'm like, wait, I'm going to go check out chapter two and see what it's like and it. Well, okay, sorry, it was chapter two that I was thinking of. I can't wait, don't get more into that one.
Speaker 5:But anyway, these study sessions is definitely because I don't think do we even touch base on any of those sections in the study guide, which kind of I would say I didn't get all the way through this here, excuse me, because it was chapter twos. Yeah, anyway, I'm kind of excited a little bit to get through this one. So I think I was kind of saying as well, looks like we get a couple chapters are short coming up three and four or four and five, one of those two. So those might be a bundle. And yeah, it's going to be a quick read, Like I wanted to move forward. So I'm ready to rock and roll.
Speaker 6:Nice me too. Look at that DAP. We made it through session one. Rich Dad, poor Dad. No, no arguments. I think we're going to.
Speaker 6:I think we're going to smooth, smoothly sail through this content, my friend. I think we're all here to help each other win and to be a part of it. That's sure a top goal of mine is to just stay on top of my friend's successes and celebrate those. And, man, this is a cool opportunity to put some goals in place, and I'm not like the hugest New Year's resolution guy. I seem to feel like I try to keep the goals going through the year, and if I restart with something new, it's like invalidating my past goals or something I don't know. Maybe it's my fear of setting new goals, but I've got goals. I'm excited to work on them. I know you guys all do too, and so this should be a fun book.
Speaker 6:Regardless of the content, I think the content itself will provide us an opportunity to have great discussions like we have tonight. I really appreciate all your thoughts. Thank you to anybody new that came up on stage. I'm so excited and, as always, thank you to the listeners, and I am excited to hear anybody's thoughts about the book that doesn't come up on stage, always feel free to put your thoughts down in the comments of the space or in the discord itself. And yeah, this will be a great kickoff to 2024 to just keep winning. You guys. I think prosperity means something different to everyone and, regardless of our definition of money and how we feel about it, I think we all are in a pretty cool, safe place to talk about our goals and what we want to do, and we'll all champion each other and I just love that. So, demerice, let me have it my friend.
Speaker 11:I believe that the big question of the lesson one is what leads to poor that being poor and what leads to rich that being rich, because it all leads down to what you put. What come out your mouth is what you're putting into your life. Forget one so poor that is always saying he's never going to be rich. I wish that was always saying I'm a rich man. So yeah, so guys, much love Again. Happy new year, sase. Welcome to the family. Girl, lovely to have you here, lovely to love you to, for you to be a part of our beautiful panda farm. So welcome to the family and Sparky, you know what to do with that old trophy.
Speaker 6:I love it. Thank you. And yes, sase, thank you for being here bringing some awesome, awesome commentary to the table. And it just is exciting to think about what other knowledge knowledge bombs you're going to drop on us in the future. And, as some of you might know some of you are new to the to the book time, but we do have a little wheel. After 10 spaces you are able to hold a VIP listener NFT and so every space we have a little wheel. We put the VIP listeners on the wheel.
Speaker 6:We have giveaways in the discord, but keep in mind, if you are feeling like you've been to 10 of our spaces, shoot me a DM, open a ticket, get a hold of me. We will check out your super spaces stats and I will airdrop you the NFT and you will be a VIP listener. So I always am excited to have new people join us and please keep that in mind. The more you come and attend these spaces, 10 ads up really quick and you'll be able to get on the little prize wheel. We just do a little $10 giveaway for one of our VIP listeners, so let's have that at my friends. Let me start my video here for proof, and I'm going to shuffle it up a little bit. I need myself a number. Who's got a number for us tonight?
Speaker 6:$1 billion $1 million $11. I translate that into $11. That's a quick one. I don't have any time to small talk. Oh boy, oh boy, oh, I don't know if Roa has ever taken home a win. Let's make sure Roa is here. Yes, how exciting. You might have won before and I'm just clearly not remembering. But congratulations, my friend. You're always here in the spaces. Thank you for being so active in the community and, as always, we appreciate everyone the listeners. We would always love to hear your thoughts, but, please, we need the listeners as well to listen to us talking about our thoughts, and so everyone here at the Book Club is appreciated and I just love our consistent listeners. So, roa, thank you for being part of our spaces for shoot, I think, years now. So congratulations, and I'm excited, as always. And no pressure, sparky. But we love your music choices and I'm always going to set it up like that no pressure, but knowing that you probably have some picked it out. But, yeah, it's your time to shine, my friend.
Speaker 7:Thank you Well, first and foremost, I wanted to thank Tnasty for stopping by. He's not in the audience anymore, but he was here for the majority of the space he had to go to bed. He sat through and listened to us ramble on about bullshit for the whole space, so thank him for coming by.
Speaker 7:I asked him if he wanted to swing by and listen to our nonsense and I also wanted to share my feelings sitting in the crowd when I met from Shinsaations Day and we have had some conversations over the last couple of weeks and I just wanted to thank him for stopping by. So with that, yeah, I'm going to Thank you.
Speaker 6:Sparky for. Thank you for spreading the good word about the book club.
Speaker 2:I see my name in shiny lines. Yeah, a different city every night. Oh, I swear the world better prepare for when I'm a billionaire.
Speaker 4:Yeah, I would have a show like over, I would be the host of every day Christmas I probably pull an angeline and a Brad Pitt and adopt a bunch of babies that ain't never had shit. Give away your few Mercedes, like you. Let me have this. And last but not least, grants about it last wish. It's been a couple months that I've been single, so you can call me Travis Claus, my sister Get it. I'll probably visit with Katrina here and damn sure do a lot more to see me. Yeah, can't forget about me stupid.
Speaker 2:everywhere I go, every time I close my eyes I see my name in shiny lines. Yeah, a different city every night. Oh, I swear the world better prepare for when I'm a billionaire.
Speaker 4:I'll be playing basketball with the president dunking on his delegates and complimenting more this political etiquette. It's also a couple million the edges, for the heck of it. We keep the 520 tins of bits completely separate. Yeah, I'll be in the whole new tax bracket. We in recession, but let me take the crack at it. I probably take whatever's left of. Just lit it up to everybody that I look and have a couple bucks and not a single tummy around me, with no what hungry was eating good, sleepy, soundly. I know we all have a similar dream Go in your pocket, pull out your wallet, put it in the air and sing.
Speaker 2:I want to be a billionaire so fucking bad. I want to be on the cover of Forbes magazine Smiling next to Oprah and the queen. Oh, every time I close my eyes I see my name in shiny light. A different city every night. Oh, I swear the world better prepare for when I'm a billionaire. Yeah. I want to be a billionaire. So fucking bad.
Speaker 7:And we out.
Speaker 6:Fun choice, Sparky. Thanks everyone.