“Financial Freedom Recap”

you know, another black owned business. I'm minding my black owned business, rich Life, dope. Dope got me feeling like, you know, too ready for this new year. So you're going to the three still not supporting Nike. Oh no, I'm going into I'm going into thirty three not supporting naked. I ain't ad at you. I'm with you on that. I won't be buying anything else from Nike. And you know the thing about Kwanza and this holiday season, um and what quanta means and in fact today is ujima

the collective work and responsibility. Wow, when you think about that, like what it takes for us to come together and work for the responsibility of our community. Tomorrow is ujima as as you've been telling me. Make sure I say it properly, um. And that one is about uh cooperative economics, right, So all of this is about us bringing our money together, focusing on on our resources, making sure that we as a people take care of our own and that's why

Kwanza is so important. So whoever's out there, maybe you don't know about Kwanza. You heard about it, but you know it's not on the calendar, and they ain't talking about it. That you're a job or whatever, so you've not been exposed to it. Maybe your church doesn't really observe Quanta. Educate yourself and teach the principles to yourself and your children and your family and friends around you, because these principles that if we actually follow them, our

communities would be in a total different place. Um. You know what I'm saying. So you celebrating Quanta right now? My song, I'm all into it this yip man. You know, I haven't really gotten into it other years, but this year I'm getting into it. So I love it. I just love to share and I love just the education is is you could tell that it's our heritage, right because we we love community, we love family, we love things that have us interacting and learning at the same time.

So it's definitely great to be celebrating quansa this year. Yeah, I've been my family. I mean, we we've always celebrated and observed quanta um. But you're right, as we get older, you really do start honing in on what's for you, you know, or what you what's your interests, car And I love that my grand baby is being raised in a family that uh knows and that our parents now

also are exposed to quanza and they're teaching it. But speaking of Tomorrow's principle around uh cooperative economics, Uh you Jama, this is critically critically important to us, and it has been important throughout this entire year. We've been focused on economic development, creating wealth, maintaining wealth, credit and all of that and so forth. Today, rather than trying to find a new expert, which there's so many, we want to go back over some of the episodes we've already done.

Some of the episodes that you all have already heard throughout the year. Maybe you miss one or two. You might hear something today that triggers you to go back

and listen to the episodes. UM, we are really sort of putting together a package where you can hear snippets of all the individuals and not all, but a lot of the individuals that we've had on the show UM this year throughout the year of two who talked about our financial health and wealth right, our financial wealth and what it looks like for us to be a wealthy community. So I hope that again it triggers you to say, let me go back, listen to the entire interview and

share it with others, with your friends, your family. You know. Earned Alsia obviously is one of those that you will hear from. Listen, go sign up listening, go to some of their classes online, and there's so many other individuals, uh, that you should learn from. Because three, especially with inflation and everything the financial crisis that we're in, three needs to be about us one doing for ourselves, us being unified.

Keep talking about it, let's actually put it in the practice and about how we turn whatever little bit we have into a whole lot so we can create generational wealth for our families. It sounds like the plan. So with no further ado, we want you to enjoy this episode. After this episode, it's going to be the new year, you know. So what are you gonna do for Make sure that we are creating generational wealth, make sure that

we are educating each other. Make sure we're invest in our money and we're not just throwing our money away. This is the time for us to switch and change the paradigm. That's why I've been focusing on black owned businesses and US investing in US, because if we don't invest in us and we don't educate us to nobody will. Absolutely. That's if you have a constant downturn for a couple of cycles or a couple of quarters. They said, oh,

we're in a recession. My non traditional take on that is that a we most marginalized people have been left out of the global and really the domestic wealth building conversation, and so we don't really fall into the categories of government spending, of export, of you know, big business. When I say big business, I'm talking about these trillion dollar businesses. We don't really fall into these categories, and so recession

has very little effect on us personally. It's like one of the times in which we can actually just put our head down and be like, that's y'all business, because like, are y'all in a recession? Are we in a recession? Because you may not be in a recession personally, right, even though on a larger scale they're saying, oh, we're in a recession, but like you know, is eighty percent of your wealth wrapped up in government contracts or exporting

goods or services or even the stock market. Probably not to the normal person, So you may not actually be experiencing a recession. The real only space that you would feel a recession, um, as kind of a marginalized person is a in job loss. So to prepare for a recession, you should have a candid conversation with your employer and find out their intentions. Are you all planning to lay off? Period? Right?

And then um, if your business, if you're an entrepreneur or a small business owner, or just a business owner in general, if you have business to business contracts, or if you have you know, if your business relies on government contracts, you might you will start to feel it, right, Um, It's very unlikely that you'll feel it in a housing market. Right now, as the housing market declines, people are still

doing well. Um, and so it's only like those two areas that personally people will likely feel a recession losing a job, which we don't know because it hasn't the huge layoffs has haven't happened. Right, we have the resignation, but the huge layoff situation hasn't happened, and COVID prepared us for that. We're still in survival mode. So when people got laid off during COVID, a lot of people turned the entrepreneurship and things like that, and so COVID

kind of prepared us for this moment. And so it's not gonna be such a slap in the face as you know it would have been if you know, pre COVID era. When I hear main media talk about recession, I'm like, oh, welcome to the club. Welcome to the club. I'm glad you guys are feeling it. You guys like, when y'all are going through it, it's a damn recession. When we're going through it is laziness, Like make it makes sense that when the math a math and for

y'all is a damn global crisis. But the math have not been math and for us for a long time, and we've been stuck in the survival mode. So we're gonna make it do what to do regardless because we have no options. You know, we're gonna stay in that you. We're gonna stay thriving our version of riving, whatever our version of thriving is, We're going to stay there while they are up in arms and trying to push their

fear on us. Let them have their fear, and we're just gonna just continue to do what we've been doing. My best friend told me, look, why don't you go get into the mortgage business and be a loan officer. I said, what the hell is that people want to buy a house, they need a loan, and the loan officers doing who gets them alan? So I looked in the paper. This is before you can go on the internet and look for jobs like I really want in the daily news. And I used to do customer service jobs.

I used to do salesman jobs, and I saw all these jobs for loan officers and I'm like, damn, I never noticed this. So I just picked the first three companies that was close to my house, and I went on interviews and I got hired, and I've been doing it ever since. So I didn't know what the loan was when I first got in the business. No one took teaches us about homeownership, no one teaches us about credit. So I never thought this this was a fail that

you can apply for. I thought this was something only the banker doing. You need to have a master's degreed

to wor in quote unquote banking. Everybody should explore getting their real estate license or getting their loan officer license because it's it's it's not expensive, first and foremost right to get your loan officer license may cause you five hundred bucks if that UM, you have to take a twenty five hour class, you pass that class, then you pass the federal exam, and then you can submit your application UM to get up your license. But then you

have to get sponsored by a bank UM. And there's plenty of banks out here, mortgage broker companies out here that will take a chance with someone who wants to learn the business, so it doesn't take too much time. And to get your real estate license, I think it's seventy hours that you have to commit to and that's a couple of hundred bucks as well. And you see there's thousands of people with real estate licenses right, Um, but anybody can get licensed, right, that's the easy part.

I think To actually now perform and do well, let your job and become successful, you have to dedicate the time to educate yourself. You gotta take the time to learn. You gotta study your guidelines because you're element people's livelihood. You're dealing with their life and you don't want to mess nobody up. So once you get your license is one thing. But I think self education. You know Google,

Google's your best friend, YouTube University. You know, there's a lot of paid courses and things of that nature where you can um deepen your knowledge base of this business to go out there and be successful. So how did you also at some point realize that you needed to learn about discrimination like redlining and all of that within the industry as well, so that you could help to overcome the barriers that black and brown people face when they go for mortgages. To be honest, keep it a

bunk with you guys. Know, in the beginning, again, I just wanted to make money. That's all I cared about. And you know the wild cowboy days is when I came in this business to subpime crisis right, you needed a post to get alone at that time. So for me and I was taught by ex Wall Street guys gods will I kicked off a Wall Street and they could just go on the mortgage business because there was no regulation. You didn't need a license at that time. So we were taught. When I came in and I

was taught by savages to be honest with you. So everybody was a dollar sign if I didn't care who you were. My thing is how much money can I make off the deal? Um. But when the market started crashing, I didn't have the education in the background to understand what I was doing was actually wrong. Right, and karma has no expiration date. I lost everything going to crash. I lost property, I lost everything. I even lost my

mentor right. Um. At one point of time, I wanted to kill myself because my existence at that time was tied to its materialistic items. You know, you come from the hood, you don't have no money. Then you're making all this money buying cause you're buying bottles, you're going out, and then when you can't do it no more, it's like, damn,

Like what the hell is going on? I'm a loser? Yeah, I'm a loser now, right, So when I lost everything, that was probably the best thing that ever happened to me because it made me sit down and kind of learn the business. So when I when I got my I'm back, right, I started learning about redlawn, and I started learning about discriminating. I started learning like, damn, how could they even allow us to do these type of loans, especially to people that look like us, knowing damn, well,

we don't even have the financial education. And I am a person sitting here originating these loans and I don't even have the education. I'm not even that qualified to give the loans that I was given, right, Um, So that's what really made me say, you know what, I gotta do this business different. I gotta learn how to

deepen a relationship with the person. I gotta learn how to um value their needs because it's not about the money that I'm gonna make, It's about if I help you reach your goals, the money is going to come. So that's when I really started paying attention to the history and things of that nature and started realizing the

wealth gap that our community has a real estate. And now that's why you guys, when I'm talking about now and stuff I was talking about ten years ago, just to my client base of people who knew me, especially to black people, because now I'm dealing with people who

are affluent. Used to work for Chase, and I was on Wall Street, so I'm dealing with hedge fund guys and that's not a third And I'm seeing how they're structuring their loans and their business, and I see how when my people come in, they're not thinking about having all these different trust and things of that nature. So I started taking the information I was learning on Wall Street and just passing it down to my people, and they still couldn't really understand what I was saying, but

I still was like I was talking about it. So the discrimination and in our um time that we've been on earth black people is just ridiculous, especially when it comes to lending like the red line. And I mean even look at the deeds back in the day. You know, in the sixties and the fifties and the sixties, and deeds were written in that people of color couldn't buy in these areas, like and it was perfectly legal, like it It's crazy once you start doing the history. So

I'm a homeownership advocate. I tell my people, look, I'm okare if you rent, but you need to have a plan to go out there and buy something, because there's people that look like us that fought for us to get to the point to where we are today to be about to go out here and own and buy. You know, in the fifties and sixties they couldn't do

it as freely as we are. So why are we sitting here not pushing ourselves to go out here and on If we think about numbers, on average, the black American had, the black American who has student loans has about fifty thou dollars and student loans, whereas their white our right counterparts only have about ten thousand dollars. So when it comes to things like find our student loan forgiveness, I find the lack of empathy and a lot of people because they just don't realize the importance of what

college played in the black community. For so many we were taught that that was the only way that we'll be able to advanced socially, socially, socialdio economically. Um, you know, we didn't have any other choices. It was either go to college, go to the military or stay in your neighborhood, which was not desirable to a lot of us. So school was you know, forced down our throat, be be

down our throats. And then so many people realize that this American dream that we were promised as it pretending to go to school, you know, pay your taxes, get married, whatever it's not, it doesn't really pan out like that. So now they're stuck with mountains of debt of people who have student loans doesn't even have a degree. So what do you think of one of the biggest mistakes that people make for credit, not building it and not

having a credit card. I can look at a thousand credit reports or a thousand people who have under a six hundred credit score. It is ninetent of the time they either do not have a credit card or they're utilizing their current credit cards too heavily. They go by rule that we're taught to, you know, stay under for your credit cards. That can't be further from the truth.

That will keep your credit score stagnant. Credit cards are so powerful to your credit profile that if you just reduce your utilization, your usage to under ten percent, your credit score will literally skyrocket. So let me break it down just for the art and say that are too important. There are new important dates for every credit card that you have, so you you need to just get a spresheet to write down these two important dates. Write down

your due date, and then write down your statement date. Again, your due date is when and you have to take care of at least your minimum payments so that you can avoid in late fees or any late payments. Right. The due date is really for your bank to see how much interest that they can legally charge you, because anything that you carry over past or do date you

are paid, you have to pay interest on. Right. So your statement date again is when you're building cycle closes, So any payments you make after that point, or anything that you spend after that point is on your next

building cycle. Right, So what you need to do, because it takes about two or three days to post any payment for most credit cards, just to be safe, I would always recommend to lower your balance below tem per cent at least three days before your statement date, like make sure you pay that because again some banks will take about two or three days for the payments to post. Any pending charges will go on your next building cycle or any pending payments will go towards your next building cycle.

So if you don't catch it at least two or three days in advance, you may miss this payment of the statement date. Statement date, and where do you find your statement? And you all you have to do is look on your credit card statement and look at the day, the cycle date, the cycle end, the date, so they'll have a span of thirty days wherever whatever month you're in, it will say like this building cycle is from July seven to August eight. August eighth will be your statement date.

I'm paying on August fifth or six, right, Yeah, that two business days in events to give your time to post. Just so you're safe, do not spend anything on your credit card the day before your statement date or your statement date. So there's two days and in every month that you got you you should not spend on the seventh of August and the eighth of boy, don't spend anything.

Don't spend anything. Um Now, the next day you can run your credit card to the absolute limit and as long as you pay it back by the statement date, you your credit report will allays look like you are the most responsible consumer ever. That is the trick. Do that if you do that, or if you do that, if you can't trustatement dates before they post next um, you'll see that your your score, especially because it's been stagnant,

you will see that you'll get a few points. You'll get a few points depending on what your utimization is. Now let's saying if it's around thirty. I'm just saying for the average person, if they lower it from thirty to ten percent. You know, of course it depends on what else they have on their credit profile, but they can be they can be up to thirty points alone, depending on, like I said, other factors of your credit report.

But it's a really big difference if you don't have credit, Like if you only have maybe one or two credit cards, that's gonna make a huge difference in your credit profile. For a long time, you know, people were making bad decisions because they just wasn't fully educated. So it's like, you know, you think that you have to you know, sell drugs or you have to you know, risk your life to make some money. But then you realize that you can actually make more money by doing something legal.

It might take a little bit longer, but if you had the information beforehand, then you might still be alive or you might not be doing a twenty five year prison sentence. So I think it's like life of death financial literacy. Yeah, I agree, man, it's it's a life of death situation, right. The information can actually free you from the situation that you could put yourself in potentially if you don't have it. That's kind of what we started with it. And it's funny because you kind of said, like,

it's not hip hop. For us, it was hip hop, and it was like we were hearing messages in the music and saying, like, that's a lesson right there. So it reminded me of the first lesson that we ever did. It was we used jay Z and when he said all black Scott is sports entertainment, it was like we really sat sat with that, like is that true? Like if we look at all the people we ever looked up to and if they were wealthy, it always came

from sports entertainment. And so that was a mission. But there's always something inside the music that we were like, all right, that can be a gateway. We know there's something that is intense enchanted about the music because the kids listen to it, and so if they're listening to it. Let's find something that we can actually teach from. And so when we heard Beyonce, they say like pay me and equity. All right, there goes a lesson, and then

let's teach about what equally is. When little Baby says like I made a miliar, I can't chill yet, like, oh, there's a lesson here, right, he's delaying his gratification for a later time. And so we always found the music as something that would be the candy, right, and we're gonna put the medicine inside of it where we're gonna actually teach from those that positions. And that's kind of like we kind of produ octsels on like we're gonna cover so many topics that you can find something that

you're gonna be interested in. Like for so long, like I said, even at J Line one, it was like sports, entertainment, it was like those are the things we're gonna be. That's it. Like we're gonna be a rapper, we're gonna be in some form of entertainment, or we're gonna play sports. And so now when we bring on experts and people who are familiar in other different fields, it's like all right, well, I never thought I could own a truck and company,

but that seems interesting. Or you know what, I never thought that airbnb could be a viable business. That seems interesting. And so we become like almost a gumbled super different different opportunities, and you know, we kind of live by that thing, right, and in order to be something, you gotta see it. And so we're gonna put as many people that look like us in these positions, but tell you, like, yo, you can do this. I'm doing it. Here's the steps.

I think that's one of the things that you said, like from generation generation, we watch people do things, but we never knew how. Right, when we're talking about student loans and we're talking about debt, and we're talking about interests, we're talking about closigners. All these terms are unfamiliar to the fourteen year old here, but in three years they need to know it, and so we want to keep their their minds shop to like, Yo, if you want to go that route, here's what you need to know.

If you don't want to go that route, here are like a million different options that also can be viable for you in the future. That's okay. So what is cryptocurrency. What is like, what is it in the nutshell? What

is cryptocurrency in the nutshep, Yeah, I mean crypto. It comes in many different forms, so I'll go through some different ones, but I think the most popular, I definitely know the most popular one is Bitcoin, and that's the that's the biggest cryptocurrency and the one that most people kind of you know, recognize and and know about or at least they've heard about to become you know, a

phenomenon um. But I think the word currency is a little misleading because currency, in order it has to have some some traits, right, Where a currency is usually has some level of stability, um. And a currency is something that you actually exchange for some level of you know, value or you know, you you buy some things things that nature, just like a bartering system, where with bitcoin and a lot of other cryptocurrencies, that's not really the case.

It's more so of a store of value, more comparable to like goal, but a lot more volatile, meaning, Um, it's kind of hard to use something as currency when the price fluctuates so crazy. So it's like sixty one week and then next week is forty, right, so you can't really use that kind of as currency because it's like if if my haircut is gonna be forty dollars,

I gotta be able to pay forty dollars. I can't pay forty dollars and then next day to hair becuse it's gonna be sixty five dollars because the price of the value is going up and down. So and then also, you know bitcoin started at less than a dollar and has peaked at sixty dollars, right, So it's it's it's been the best return on your investment out of like

any asset class in the last fifteen years. So being that most people are looking at it as an investment, so they're not really trading it for or using it as currency, like I'm not gonna give you bitcoin for a burger if I think that this is gonna quadruple in value over the next five years. So the word currency is a little misleading, I think when you start

to look at it more of like digital gold. Um, that's something that you know, people can kind of wrap their heads around a little bit easier because we look at gold and gold really has and people say like, well, crypto has no value, but nothing really has value other than what we believe it has value, right, Like even gold, um, gold, Yeah, it has some uses where you can actually use gold, but for the most part, most people are kind of

just hoarding gold. And it's just always been something that has been valuable since you know, thousands of years ago, and it has grown up in value. So we place value in gold. We wear gold, so people think that gold is valuable. But the minute that people really think that gold has no value, then goal is not gonna be valuable anymore. But it's just been valuable for so long that it's been like a staple store of value.

So you put you know, you can have gold and story and then it goes up over the course of time, where bitcoin is kind of like the same thing. I was younger. You know my aunt, she's um, she's from Maryland. She had a bunch of salons. She was like that aunt that was like flying, you know, And I'm like, damn, she got a bunch of salons. She got all this money, and I knew that. She went to prison for a credit card fraud. Right. She wrote a book called Charge It to the Game. Right, I've read the book. I

never said this anywhere else. She don't even know this. I've read the book and I was like, wow, this is crazy, Like she was given detail, but not too much detail. So I went on um the dark Web and I started researching. I found out all the information I needed, and I found the person who basically I could buy the tracks from. The track has your six team digit card number, your exploration, did your name, all of your information. It's like it's like it's like encoded

until like these codes. So what I would do is there's a machine that you have, you connected to your computer, and you basically transferred that information onto the credit card you have to edit. Any card that has a strip on it could be transferred. Could be a hotel key, as long as it have like a black magnetic strip on the back of it, it could be transferred. That information could be transferred to the card and you could basically use it anywhere. So customs basically stopped the package

that was coming to me. And when they stopped the package, they opened it and they seen what was in it. They sealed it back and sent it to me. So when they sent it to me, I didn't know it got stopped and they just started following me from there. They was following me for six months. How did credit repair become the transition? And then also have you when you went to court the first time, did you ever

have to face any of the individuals that you had frauded? No, Okay, it was so many, but no, I'm so happy I have it to because you know, after knowing what this is, this is an issue that happened to me when I was in prison. I called home to my grandmother and she was about seventy at this time. Now she's like, baby, I'm you know, I'm I'm so sad. Someone used my credit card and I've been fighting with the bank for the past six months and right now I have no money.

You know, I don't have anything. You know, they took uh seventeen thousand dollars from me, and you know I don't have no money. The bank has given me a hard time returning the money. I'm like, real, yo, So that hey home, I was like, oh my god, like they're real people. Yeah. When she spoke to me and told me that, I was like, Wow, this came at

the right time. This actually came during the time I said I need to do this five year plan because this is what I'm a following I got that, I called home and that's the that was the conversation, Like that was confirmation for me. So you got into credit repair? Yes, So when I came home, the transition wasn't easy, you

know it was. It was hard, um, especially coming from having so much, you know, at so young, and then you coming home and you have to like rely on people and you know, so coming home, I was like, the first thing I need to do is fix my credit. I learned about credit while I was in prison. I didn't know anything about credit, you know. I learned how important credit was. I got a bunch of credit for dummy books. But at that time, it wasn't for me to fix people. Credit was for me to work on

my credit. Because I said, what I'll do is, you know, work on my credit and use that to start my hair company or use that to start whatever company it is that I want to do. So when I came came home, I did that, worked on my credit, got a bunch of credit cards, and how we started doing credit repair was um. I came home about I want to say, a year before Aisha, and when she came home one day, she was um. She had a bunch of Western Union papers like sheets to send out money mind,

and she just came home. She didn't have no money. So I'm like, Aisha, what are you doing. She's like, I mean, I don't have money, but I'm just sending the girls thirty dollars each because I promised that to them. I'm like, I know, but you don't have it, like you gotta give yourself together first and then you could give you know, because you're taken from yourself. And she's like, I know, but I promised them. I'm like, so listen, you taught me how to fix she told me how

to fix my credit. Actually, when I came home, I'm like, you told me how to fix my credit. Why don't we teach fix the girl's credit that's coming home because these girls are about to come home. It was like six of them, they're about to come home. And said, why don't we fix their credit to give them something for when they come home. Because it was extremely hard for me to come home to um, you know, adapt back into society, not having the things that I used

to have. But my credit is really what helped me. Because I got that first credit card for ten thousand, I was able to use that and flip it, you know what I mean, maybe they could do the same thing. So this dirty dollars is cool for now, but let's give them something that's longevity, you know. So we fixed their credit. With six of them, we fixed their credit. We sent them their credit report. They was so happy. One of the girls actually came home opened up a

host fall like she's doing really well. Other ones do lashes and the other one has a real estate company. So they think us even to this day because we helped them while they were in prison. But I knew how hard it was for me coming home, so I wanted to do anything to help somebody because I wish I had that, you know what I mean. So, um, the girls told their husbands, told their sisters, brothers, cousins. So everybody just started calling us. This is before we

even had a credit repair company. We didn't even think to do credit repair, like, we were just doing it to help them and to help us sells and people just was calling us to fix step credit and we started like that and it just be claimed came crazy. Before we even posted it on Instagram. We were getting calls and we just use that as our money. We was like, okay, well, this is a full flash company,

like let's do it. So. Content suppression is when um, you post something and it's hidden from a significant portion of people for whatever reason. One messaging might not be something that the platform wants to represent. And I explained this by by way of like people complain about content suppression on the platform like Facebook or Instagram, but that platform is be holding to the brands that pay them.

So hypothetically speaking, and if I'm a very conservative brand and I want to market whatever I'm paying Facebook or Instagram for and I'm about to spend ten million dollars in ads, and I go to Facebook and say I don't want any Black Lives Matter content or any LGBTQ content showing next to my post because it's wasting my money. And what do you think Facebook and Instagram gonna do. They're gonna turn down the gay They're gonna turn down the Black Lives Matter. After that ad runs, they'll turn

it back up. So that's the reason why they do that. It's like, we're gonna get our money and then we're just gonna hide your content for a day or two or collective collectively speaking, if there's a message that's being said that the platform, you know that most of the people that are on the platform may or may not agree with they'll hide it, they'll suppress it, they'll push it down. And that affects a lot of people's ability to get their message out and in some instances monetized

based on what the platform considers appropriate. I feel that who better to actually have equity in the startup and

the people that make it popular. Right. Um. I witnessed you know, Clubhouse go from a hundred million dollar evaluated company to a four billion dollar evaluated company simply by the black community and the entertainment community coming on the platform and having conversation after conversation that was you know, screen recording and we have viral and no one got to own a piece of the company that contributed to

all of those conversations. Let me, let me, let me tap into something that I think is extremely in point right about black culture. Right, and this is what I say about black black people in African American people in the United States of America. We are the youngest and smallest culture group on planet Earth. Right, were about six hundred years old. We're very very small, but we're the

most influential globally. And so what happens with that is we create and innovate at a speed and the pace that we don't even realize we're making like industries off of our invention. I tell everybody this, this, this, these these two examples that are very relevant. Um the moment that Grandmaster Flash DJ on two turn turntables and a mixer and luke the beat, somebody should have went to him and said, do not show a living soul what you just showed me. Let's go figure out how to

make record players. Because fast forward two thousand twenty two, pioneers and techniques and and and serados of the world owned DJ culture off his invention. We we we created the culture, but we don't own the infrastructure. Right. That creates an enormous amount of revenue for a company. Right. And then the same example, but with like automobiles right to pent my Ride era, we got led lights and cars, star ceilings, TVs and the head rest, amazing sound systems, rims.

Every luxury car in existence has all of those amenities now, but we don't own afford, we don't own a Chevy, we don't own any of those. And then use that in an example with social media. We give our clap backs to Twitter, our dances to TikTok, our conversation to Clubhouse, our skits, and all our comedy to Instagram. And we don't own Facebook. We don't own Clubhouse, we don't own Twitter,

we don't own any of these platforms. So with fan base collectively, any person that's on social media should have the opportunity to own a part of a social media platform that they use, especially the black community, because when this whole Black Lives Matter era came upon us, a

lot of corporations promised to do a lot of great things. Right, So think about the eighties six billion dollars and Facebook made an ad revenue off a lot of the culture and content that African American people contributed to that to that platform. Now go to Facebook and ask them to take six billion dollars and put it directly in the hood. Tell them to tell them to put six billion dollars in Chicago right or in Atlanta, right in the hood with these young kids. They're gonna say, get out of here.

I hope you enjoyed this episode. If you miss any of those episodes, make sure you go back and watch before the New Year. Comes in. Make sure that you binge watch all of the Street Politicians. We had so many great guests throughout the years, and some of you just got here fans, some of you've been here from the beginning. Go go listen to your old favorite episode. So go catch up on an episode that you've never seen before. But we appreciate you. Hope you have a

beautiful year. We are the number one podcast on my son This is Ingals Goals. I keep telling you we already there. I don't know what would you listen to me? We're the number one podcast. I'm not gonna always be right to me. It's not gonna always be on, but we will both always and I mean always be authentic.

Here we come. Happy New Year. Peace. Listen to Street Politicians on the Black Effect Network on I Heart Radio and catch us every single Wednesday for the video version of Street Politicians or I Women Dot Tv.