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Aug. 23, 2022

Jamar's Take on Collaboration - Part 2

Jamar's Take on Collaboration - Part 2

Whether you know him as Jamar, Sincere, or Sin, one thing is for sure – he is ‘too legit, to quit!”

Whether it is in starting his business, intentionally nurturing creative collaborations, or being a hands-on Dad, it’s about sharing knowledge, building a network, and investing in your net worth.   

It’s about having that entrepreneurial mindset.

Jamar continues to share, exchange, and engage in small business strategies and how collaborations can help to build generational wealth.   

Tune in today!

#TheEntrepreneursTrip #XTC #Podcast #Vodcast #Videocast #Entrepreneurship

Transcript
WEBVTT 1 00:00:00.480 --> 00:00:06.080 With my son and my stepson. I literally take them with me and shoots 2 00:00:06.280 --> 00:00:10.720 so and shoots the ones that they could they could accompany me, accompany me 3 00:00:10.759 --> 00:00:17.359 on and I had like a family shoot and my son was there and the 4 00:00:17.559 --> 00:00:21.800 client literally like because he was. He's very interested in it. So the 5 00:00:21.879 --> 00:00:28.839 plan after he wanted to take a few pictures, so he typed. Welcome 6 00:00:28.879 --> 00:00:40.799 to the entrepreneurs trip podcast. Like ext I'm Shawanda, I'm Chris. It's 7 00:00:40.799 --> 00:00:45.399 an entrepreneur starting or growing your business. You may have a destination, but 8 00:00:45.520 --> 00:00:50.600 the journey getting there and betrid. We want to be your travel companions and 9 00:00:50.679 --> 00:00:56.079 induce a Jose of FIXTC AS WE SPO are real life conversations about navigating the 10 00:00:56.119 --> 00:01:07.000 world, entrepreneurship in the US and the career. Welcome to another now we're 11 00:01:07.040 --> 00:01:07.959 not even doing this. Welcome things. So this is what we're doing. 12 00:01:08.239 --> 00:01:11.840 The last episode was so good we had to do it twice. It's so 13 00:01:11.959 --> 00:01:15.159 nice we gotta do it twice. I got bars. Now you know, 14 00:01:15.359 --> 00:01:19.040 fift quotes. We got bars and now we're here. We enjoyed our last 15 00:01:19.239 --> 00:01:23.120 last episode. We gave your brief introduction as to who this guy, Jamar 16 00:01:23.480 --> 00:01:27.840 is, sincere from the family. Um, and what we're about to do 17 00:01:27.879 --> 00:01:30.359 is give you a real deeper dive. A lot of times should bring these 18 00:01:30.400 --> 00:01:34.959 guys in and have a great conversation, but, thanks for Chris as shot 19 00:01:34.040 --> 00:01:40.319 Clark and the Taskmaster, Salanda, you don't have enough time to really get 20 00:01:40.319 --> 00:01:42.760 it gist to who these people are. So we're about to kick it off 21 00:01:42.879 --> 00:01:53.159 right now, Chris, let's get to sip in while we trip it. 22 00:01:53.319 --> 00:01:56.120 Alright. So, in another life I really wanted to be like a promoter, 23 00:01:56.359 --> 00:01:57.400 like a really hype Min like I just come on stage and like we 24 00:01:57.480 --> 00:02:01.599 just do these like quick costs, introduced people and be out flavor place. 25 00:02:09.599 --> 00:02:14.000 But I said just bring that kind of energy to my drinking. I don't 26 00:02:14.120 --> 00:02:20.000 my name is business. You over here, like, Whoa, he was 27 00:02:20.039 --> 00:02:27.680 talking about you that. Do you know what time it was? You know 28 00:02:27.840 --> 00:02:30.400 what, Chris, what you're drinking? Let me let me see a triple 29 00:02:30.439 --> 00:02:34.560 treck real quick. Well, I got the coney going again. Um, 30 00:02:34.680 --> 00:02:38.000 I still got the cafe and the Agua over here. Um, really, 31 00:02:38.039 --> 00:02:42.080 really, really favor in the coney at the moment. So I don't know 32 00:02:42.080 --> 00:02:44.199 what I'm gonna do. I'm know what I'M gonna do? We gotta get 33 00:02:44.280 --> 00:02:47.879 Chris One of those little baby bottles that look like it's really moving or he's 34 00:02:47.919 --> 00:02:55.400 refilling, really refilling. Got The bottle hand, my friend. Oh, 35 00:02:55.879 --> 00:03:00.120 I know where you at. What you got? People Water? Trying to 36 00:03:00.159 --> 00:03:07.439 mind my business up in here, like stay hydrated. So when I guy 37 00:03:07.520 --> 00:03:14.599 got me sweating, y'all see the little extra signs. It's like gas. 38 00:03:14.719 --> 00:03:17.680 You know it's it's bringing in that heat. Chris talked about bringing home was 39 00:03:17.719 --> 00:03:22.800 that everybody could walk with their little woods to collaborate. That we're gonna make 40 00:03:23.400 --> 00:03:25.319 by. Well, I don't need no extra wood. I'm going straight with 41 00:03:25.360 --> 00:03:29.479 the gas. Just just a good cook out. You know that guy that 42 00:03:29.560 --> 00:03:35.159 just holds us? That's you. That all the that, all the burgers 43 00:03:35.199 --> 00:03:42.199 tastes like lighter fluid. You know all that. It's a little better charred, 44 00:03:42.319 --> 00:03:45.159 man. It's just a little bit of charge. have more wood. 45 00:03:46.680 --> 00:03:50.039 Sit Tight. Let's on Pat Real quick, getting know Jamar a little better. 46 00:03:58.240 --> 00:04:00.599 Perfect. Oh all right, guys, I just want you all to 47 00:04:00.639 --> 00:04:03.800 know the other guests is ready to go. They packed, they're ready. 48 00:04:04.280 --> 00:04:10.080 You know, this is a busy this is a busy day. Y'All entrepreneurs 49 00:04:10.080 --> 00:04:13.800 just tripping out all day what we want to do. In the last episode, 50 00:04:13.840 --> 00:04:16.000 right before we ended, I called out my home girl, Nadia, 51 00:04:16.600 --> 00:04:19.240 you know, and that's where things got really we were like, you know 52 00:04:19.279 --> 00:04:25.519 what, we definitely really need to unpact Morrison's story as an entrepreneur. Um, 53 00:04:25.839 --> 00:04:29.800 give it to us in briefly. We might interject them between, but 54 00:04:29.920 --> 00:04:32.199 we just want to know like what the process was like starting. I know 55 00:04:32.439 --> 00:04:36.439 I played a small part in it, but before, before you even had 56 00:04:36.480 --> 00:04:41.199 your business license. Didn't even occur to you to like really get one. 57 00:04:41.279 --> 00:04:46.600 or he was just okay, Um, just hustling. Um, it kind 58 00:04:46.639 --> 00:04:51.120 of like just hustling uncle Samuel little bit possibly, don't you know what I 59 00:04:51.120 --> 00:05:00.160 mean. But yeah, but realistically, for Longevity Ways and just for making 60 00:05:00.160 --> 00:05:04.240 sure everything has done legitimately, Um, it was the right way to go. 61 00:05:05.160 --> 00:05:10.639 That way more doors could be open as far as really tapping into like 62 00:05:10.839 --> 00:05:15.759 tourism, tapping into the government funding that's available, Um, the small business 63 00:05:15.800 --> 00:05:19.759 grants that they have available for us, and it's literally just free money out 64 00:05:19.800 --> 00:05:27.319 here and you don't get without being legitimate. So it would it only makes 65 00:05:27.319 --> 00:05:31.560 sense to go out. So one thing I've been talking about lately and Um 66 00:05:31.600 --> 00:05:36.360 and a re lack with my personal friends. Um is a fact of knowledge, 67 00:05:36.439 --> 00:05:41.000 like I really believe that Solon and if it took you ten years to 68 00:05:41.040 --> 00:05:45.680 do something as an entrepreneur with your group, with your circle, we're supposed 69 00:05:45.720 --> 00:05:50.480 to make that information so accessible that what took you ten years should take them 70 00:05:50.560 --> 00:05:55.600 five, and that five years that it took them it should take somebody else 71 00:05:55.680 --> 00:06:00.079 to Um, just so on that way, that information just like consistently flow. 72 00:06:00.560 --> 00:06:01.920 So saying, like who, who are some of the people that I 73 00:06:01.959 --> 00:06:05.480 want to say, like, give you that that, I don't want to 74 00:06:05.480 --> 00:06:11.000 say knowledge, making that information more accessible to you. Um. Well, 75 00:06:11.040 --> 00:06:14.519 my mother for sure Ben on me, like, Yo, you need to 76 00:06:15.519 --> 00:06:18.040 go and do this, I know, just tell me when you're ready. 77 00:06:18.079 --> 00:06:25.399 We will make sure we get everything situated. You, Dristan, Um was 78 00:06:25.560 --> 00:06:30.879 influential, especially with like the grand talks and different things like that. And 79 00:06:30.959 --> 00:06:38.279 so between you and my mother, basically everything was Oh and Um, my 80 00:06:38.879 --> 00:06:43.680 a DJ frond of my crop, master degous, like mm HM, pushing 81 00:06:43.720 --> 00:06:47.639 it, like, Yo, you need to jump on this, because he 82 00:06:47.680 --> 00:06:50.759 had line up a situation on me with via the same situation where, I 83 00:06:50.800 --> 00:06:54.399 tell you did it and it takes me a while to get paid because I 84 00:06:54.439 --> 00:06:58.639 wasn't in the system. So in that situation up on me and he would 85 00:06:58.639 --> 00:07:01.160 tell me beforehand like Yo, should do the business license, blah, blah, 86 00:07:01.160 --> 00:07:04.600 Blah Blah. And in waiting for the money he was like now you 87 00:07:04.639 --> 00:07:06.759 see what I will tell me, you should do the business license. You 88 00:07:06.759 --> 00:07:12.319 know what I mean? So, AH, my close friends and associates, 89 00:07:12.680 --> 00:07:15.920 we tried to encourage each other as far as business wise, and once money 90 00:07:15.959 --> 00:07:21.920 is to be made, like which make the money or anything, as long 91 00:07:21.959 --> 00:07:26.240 as pushing it to be more successful. You know what I mean? Oh 92 00:07:26.319 --> 00:07:29.240 yeah, that's the main tree. People. I was pushing me towards the 93 00:07:29.240 --> 00:07:33.319 business license. Can I jump in here and ask a question, because I 94 00:07:33.360 --> 00:07:39.040 think that you know a lot of our listeners who may be considering whether or 95 00:07:39.079 --> 00:07:45.720 not to here out a business, maybe already doing the craft right or providing 96 00:07:45.759 --> 00:07:49.959 the service or the product, but there is this, and I don't mean 97 00:07:50.000 --> 00:07:57.319 to be such a woman, but there is this emotional leap that happens when 98 00:07:57.319 --> 00:08:01.519 you decide, okay, I can do this. I've been doing this as 99 00:08:01.560 --> 00:08:07.439 an individual, but then there's an emotional and a mindset shift that needs to 100 00:08:07.519 --> 00:08:11.800 happen when you decide you're going to legitimize and become a business, because then 101 00:08:11.839 --> 00:08:18.600 that business could, in essence, have longer lengivity than you have as a 102 00:08:18.680 --> 00:08:24.279 person. Right, and I know one of the things that you talked about 103 00:08:24.319 --> 00:08:28.240 in the last episode is your family. Man, you're a dad of two 104 00:08:28.319 --> 00:08:33.879 kids. So I'm wondering if, in your mind, when you decided to 105 00:08:33.919 --> 00:08:37.759 make that shift of just being an individual that has a really good craft and 106 00:08:37.799 --> 00:08:43.519 service to offer, Um, did you stop to think by becoming an official, 107 00:08:43.639 --> 00:08:48.759 legitimate business, I'm actually putting things in place to create my legacy for 108 00:08:48.879 --> 00:08:54.559 my kids, should they decide to take it over. Definitely, because, 109 00:08:54.720 --> 00:09:00.480 Um, with my son and my stepson, I literally to them with me 110 00:09:00.519 --> 00:09:05.039 and shoots so and shoots the ones that they could they could accompany me, 111 00:09:05.159 --> 00:09:11.440 accompany me on and I had like a family shoot and my son was there 112 00:09:11.559 --> 00:09:16.840 and the client literally, because he was he very interested in it. Sort 113 00:09:16.840 --> 00:09:22.480 the client he wanted to take a few pictures, so he that and then 114 00:09:22.480 --> 00:09:28.519 I gave him like thirty from the payment. So now he wants to come 115 00:09:28.519 --> 00:09:33.960 on every shop. Um, anything, Rod bocks that you want to shoot 116 00:09:33.000 --> 00:09:37.919 for road bucks. You know what I mean and both of them. Both 117 00:09:37.960 --> 00:09:41.080 of them want to come to the studio, they want to take pictures, 118 00:09:41.080 --> 00:09:43.559 so I let them take pictures of each other and different things that are just 119 00:09:43.600 --> 00:09:46.519 in case. They already have a head start if they want to go down 120 00:09:46.600 --> 00:09:52.080 a road. And this is the way we build generational wealth, right. 121 00:09:52.120 --> 00:09:58.480 But it's also the fact that when we collaborate with low minded people, are 122 00:09:58.799 --> 00:10:05.799 net worth is our net work. WHO's going back? She's going back. 123 00:10:09.240 --> 00:10:13.159 Yes, and Jamara is a perfect example, because you hear those those words 124 00:10:13.240 --> 00:10:18.480 all the time, but have somebody who's actually do it share their story kind 125 00:10:18.480 --> 00:10:22.399 of makes you know, makes it feel more real M and that's the beauty 126 00:10:22.399 --> 00:10:28.559 of the entrepreneurs entrepreneurs trip, though. Right, you said something before I 127 00:10:28.559 --> 00:10:33.840 didn't really agree with. That's nothing new, and that's emotional aspect. There's 128 00:10:33.879 --> 00:10:39.000 nothing female about that emotional aspect. It's really it's our passion. Is What 129 00:10:39.039 --> 00:10:41.399 it is we want, is what it is that we really believe in. 130 00:10:41.759 --> 00:10:46.399 So it's not a female thing that you know. It's emotional, it's it's 131 00:10:46.480 --> 00:10:52.440 an entrepreneurs thing, and so why it is? It's a human things. 132 00:10:52.840 --> 00:10:58.360 Interesting. Oh my God, it's about to be short lived. We've got 133 00:10:58.399 --> 00:11:03.559 three minutes, we got it's sort of like that's the beauty of it. 134 00:11:03.720 --> 00:11:07.200 Um, with my kids, I do the same thing. Similarly. Um, 135 00:11:07.279 --> 00:11:09.600 they hang out, we hang out, and I think in the previous 136 00:11:09.600 --> 00:11:13.320 episodes I was like they're like, oh, we only come to hang out 137 00:11:13.360 --> 00:11:16.080 because what we're going to shoots, but that's it. But then we started 138 00:11:16.120 --> 00:11:20.960 to teach them that that that wealth, like the wealth isn't in the money, 139 00:11:22.240 --> 00:11:26.399 right, the wealth is in the gifts and the service that we provide, 140 00:11:26.879 --> 00:11:30.039 because at the end of that day they're seeing, yes, it is 141 00:11:30.080 --> 00:11:33.559 a trade off, but what is it that they learned? There's no monetary 142 00:11:33.679 --> 00:11:37.399 value to it. It took US thirty years to get here, thirty years 143 00:11:37.399 --> 00:11:41.840 for us to figure out we need to start a business, we need to 144 00:11:41.879 --> 00:11:45.720 do this. And imagine them, they're just seeing the business from the jump. 145 00:11:45.799 --> 00:11:48.879 So that's already their mentality. They're like, okay, I could come 146 00:11:48.919 --> 00:11:52.320 straight on and and their thought is already business thought. That's what I'm saying. 147 00:11:52.519 --> 00:11:56.559 Their thoughts is already Oh, we could get grants, we could get 148 00:11:56.600 --> 00:12:00.120 this. It took it took US thirty years. It took me there two 149 00:12:00.159 --> 00:12:03.240 years to get here, to start to understand what the grant is, even 150 00:12:03.320 --> 00:12:05.480 how to structure certain businesses. We do show up a partnerships. That's how 151 00:12:05.480 --> 00:12:09.960 we start. Six months from now I'm gonna start talking to Jamar about changing 152 00:12:11.000 --> 00:12:13.559 it to an LLC because it's better protected, and then from there, who 153 00:12:13.600 --> 00:12:16.840 knows? I don't know much about trust now, but then we might start 154 00:12:16.840 --> 00:12:22.039 to set up trust to house these businesses. And that's just it. We 155 00:12:22.039 --> 00:12:26.360 we just started to grow our network. We start to expand on that knowledge 156 00:12:26.279 --> 00:12:31.120 by taking these entrepreneurial trips with each other. There's nothing special about Jamar. 157 00:12:31.240 --> 00:12:33.960 This is our story. All the time we've been doing the hustle, we've 158 00:12:35.000 --> 00:12:37.200 been putting in the world, we've been getting paid and the only thing we're 159 00:12:37.200 --> 00:12:39.840 looking back saying is like, Oh man, I don't want to be taxed 160 00:12:39.840 --> 00:12:43.639 for that. I don't want to be taxed for that. Uncle Sam is 161 00:12:43.679 --> 00:12:46.879 just gonna but it's not even Uncle Sam that's gonna take it, because it's 162 00:12:46.919 --> 00:12:52.080 still we're still gonna lose it anyway. So if we don't want Uncle Sam, 163 00:12:52.799 --> 00:12:56.000 I just want to interject here with a little uh piece of knowledge. 164 00:12:56.039 --> 00:12:58.960 So, Um, as long as they are doing legitimate work for your busins 165 00:13:00.080 --> 00:13:03.200 this, you can hire your kids and pay each of them up to twelve 166 00:13:03.240 --> 00:13:09.720 tho dollars per year tax free, even after the eighteen. So I'm not 167 00:13:09.759 --> 00:13:11.039 going to say will pay them and get on the kick it back to because 168 00:13:11.120 --> 00:13:18.039 that's not legal. About all. We're gonna do this thing exactly, and 169 00:13:18.080 --> 00:13:24.200 that's and that's it. That's that's where it is. Look at that, 170 00:13:24.279 --> 00:13:26.080 Chris. Just share that with us. I didn't know that before. Now 171 00:13:26.159 --> 00:13:31.360 it is. You See, having knowledge is not not the issue, it's 172 00:13:31.360 --> 00:13:35.600 how you apply the knowledge. I heard it before, but I didn't understand 173 00:13:35.720 --> 00:13:39.320 a D Um. I know the same thing with like credit cards. You 174 00:13:39.320 --> 00:13:43.480 could Um. You basically put them on the credit card Um to help both 175 00:13:43.519 --> 00:13:48.759 their credit got. I heard about it. I'm not versed in it, 176 00:13:48.799 --> 00:13:50.039 but maybe my big SIS might be able to help me in it. And 177 00:13:50.080 --> 00:13:54.559 this is what the entrepreneurship is all about, is US having these conversations with 178 00:13:54.639 --> 00:13:58.519 each other to help grow each other. So we're gonna take a detour real 179 00:13:58.600 --> 00:14:13.279 quick. Yeah, see, how'll do that? Good job. I'm trying, 180 00:14:13.440 --> 00:14:18.399 and I'm trying. So, Jamaar, we spoke about collaborating. We 181 00:14:18.440 --> 00:14:20.799 brought you in to talk about collaborating. I want to hit this real quick. 182 00:14:22.279 --> 00:14:24.840 Is there any times that you could have possibly done collaborations that you didn't 183 00:14:24.879 --> 00:14:28.600 do that you look back at it was like, Oh man, I should 184 00:14:28.600 --> 00:14:35.039 have done that, or yeah, Um, Oh man, I'm glad I 185 00:14:35.080 --> 00:14:39.360 didn't do that. You're right. I got a couple of those in my 186 00:14:39.399 --> 00:14:43.960 book. Um, he had a couple. I didn't want to call anybody 187 00:14:45.039 --> 00:14:46.639 names, but he had a couple of situations where people hit me up, 188 00:14:48.320 --> 00:14:52.159 Oh, we should do this together, we should um whatever, is a 189 00:14:52.240 --> 00:14:56.879 show or come together and put on a show. I was like, all 190 00:14:56.960 --> 00:15:01.720 right, something like it makes sense, and then somebody else hit me up 191 00:15:01.720 --> 00:15:05.039 like Yo, if I was you, I wouldn't necessarily do that event with 192 00:15:05.120 --> 00:15:09.399 this person. And I don't. I really don't like to take other people's 193 00:15:09.519 --> 00:15:13.919 Word or opinions and somebody else without forming my own opinion on them, because 194 00:15:13.559 --> 00:15:20.840 you want somebody else situation maybe totally different from mine, different your energies probably 195 00:15:20.840 --> 00:15:24.960 don't align and me and they might have a better, um, better relationship 196 00:15:26.000 --> 00:15:28.960 based on just the type of people we are compared to the type of person 197 00:15:30.080 --> 00:15:31.759 you want. That person maybe. So I don't like the general that, 198 00:15:31.919 --> 00:15:37.399 but for the more in this situation, I ask the person why. They 199 00:15:37.440 --> 00:15:39.759 explain a couple of things to me and in explaining that, they mentioned to 200 00:15:39.799 --> 00:15:43.080 me about somebody else that I know. I had a similar situation with the 201 00:15:43.120 --> 00:15:48.320 person. So I asked them. They told me the same and then you 202 00:15:48.440 --> 00:15:50.559 mentioned somebody else too. So it's like three people that had the same situation 203 00:15:50.600 --> 00:15:54.720 with this one individual. So I was like, uh, let me so 204 00:15:54.759 --> 00:15:58.600 I talked to them more and kind of like through different scenarios, like little 205 00:15:58.639 --> 00:16:02.759 wrench and a plan to see what would happen, and then you started, 206 00:16:02.799 --> 00:16:04.279 the character of the person started the show. So then it was like, 207 00:16:04.279 --> 00:16:08.720 all right, cool, back away from this, no, no negative energy, 208 00:16:08.799 --> 00:16:12.919 just this isn't Um, this isn't something that works for me at the 209 00:16:12.960 --> 00:16:18.399 moment. And I know they were doing shady stuff, like shady business practices 210 00:16:18.519 --> 00:16:22.559 or whatever it is. It's so in that aspect, me turning down that 211 00:16:22.639 --> 00:16:26.080 collaboration helped me out a lot, you know what I mean, just with 212 00:16:26.200 --> 00:16:32.480 my name and reputation, because I think they were like booking people and ye 213 00:16:33.240 --> 00:16:37.240 standing the deposit or saying they can send a deposit, put on the show 214 00:16:37.320 --> 00:16:41.120 and then when the people come, don't have the money for them after promoting, 215 00:16:41.159 --> 00:16:45.399 in the event makes enough money from ticket sales to then pay the artists, 216 00:16:45.399 --> 00:16:52.919 which is yeah, and there there is a difference between, as an 217 00:16:53.000 --> 00:16:59.679 entrepreneur, between like feeding into the gossip and other entrepreneurs are actually looking out 218 00:16:59.720 --> 00:17:03.360 for each other too. So it doesn't hurt to do your homework and, 219 00:17:03.639 --> 00:17:07.000 to your point, you follow it up, you ask more questions, Um, 220 00:17:07.240 --> 00:17:10.559 you know, to figure out what the disagreements were or whatever. And 221 00:17:10.640 --> 00:17:14.279 Yeah, so it's so good on you for Um doing your due diligence to 222 00:17:14.400 --> 00:17:17.519 find out about the person, because I've done similar things. Or I know, 223 00:17:17.599 --> 00:17:19.480 like if I was gonna work with somebody that Llan does worked with and 224 00:17:19.519 --> 00:17:23.799 she's like Hey, Christ, one second before you do that, let's uh, 225 00:17:23.880 --> 00:17:27.440 that's all it takes, exactly. So that's all it takes. If 226 00:17:27.480 --> 00:17:34.880 shellana checks some I'm done. Yeah, but your friends knowing no one who's 227 00:17:34.960 --> 00:17:40.000 dealing with you know, like if I talk to trust them up all the 228 00:17:40.079 --> 00:17:42.720 situation and he telling me like Yo, I wouldn't use this equipment for this. 229 00:17:44.160 --> 00:17:47.680 I trust his judgment. So I would be like need a second opinion, 230 00:17:47.680 --> 00:17:52.599 because I feel in this field he's somebody I could trust as far as 231 00:17:52.680 --> 00:17:56.319 his word being on a certain product, the same way he feels if you 232 00:17:56.400 --> 00:18:00.160 said this person is no good for what you're trying to do, he us 233 00:18:00.200 --> 00:18:03.160 automatically. Doesn't have to go too much in searching to figure it out, 234 00:18:03.200 --> 00:18:06.720 because he trusts your judgment. You know the type of person you are, 235 00:18:07.240 --> 00:18:14.279 exactly looking out for your best interest. That's what it is. Yeah, 236 00:18:14.720 --> 00:18:18.240 alright, so let's see who's looking out for our best interests, or since 237 00:18:18.319 --> 00:18:30.720 best interest in these souvenirs. Alrighty, souvenirs from the conversation. Well, 238 00:18:30.759 --> 00:18:40.839 who was looking after since best interests? His Mama. Mama One and I 239 00:18:40.920 --> 00:18:45.759 have our business with my daughter, so I get it. Another person looking 240 00:18:45.759 --> 00:18:49.400 out for sin during his time is follow entrepreneurs, which is one of the 241 00:18:49.440 --> 00:18:53.519 reasons we decided to do this podcast right, is to start to really create 242 00:18:53.559 --> 00:19:00.000 a community where we can help each other grow and really thrive and really pross 243 00:19:00.079 --> 00:19:04.160 first. So knowing who to collaborate with and who not to collaborate with is 244 00:19:04.200 --> 00:19:11.079 another souvenir that's worthy of conversation. Um, the other souvenir was you might 245 00:19:11.119 --> 00:19:18.559 be really dope at what you do as an individual, but really to maximize 246 00:19:18.960 --> 00:19:25.440 your generational wealth and to be able to open more doors and have more opportunities. 247 00:19:25.880 --> 00:19:30.960 Consider legitimizing as a business the type of that you do do is very 248 00:19:32.000 --> 00:19:36.880 important. So you need to really think about your company structure. Um, 249 00:19:36.960 --> 00:19:41.200 a lot of us go towards more the limited liability because we're protected a little 250 00:19:41.200 --> 00:19:45.240 bit more than maybe a sole proprietorship. And if you're going into a partnership 251 00:19:45.279 --> 00:19:48.559 with somebody, you're just as responsible as they are. So you better know 252 00:19:48.599 --> 00:19:52.559 your partner really well. You better have high trust levels with that partner. 253 00:19:52.319 --> 00:19:59.759 Um, real quick. Yep, plan your breakup. Plan your breakup. 254 00:20:00.000 --> 00:20:03.640 Would like to speak about it and your break up from the jumps on. 255 00:20:03.799 --> 00:20:10.799 That way, everybody. You get married. One of the best ways I 256 00:20:10.839 --> 00:20:12.680 heard of this was from a professor at at full sale Um. So I 257 00:20:12.680 --> 00:20:17.519 did my recording our bachelor's and then entertainment business masters. Um. In the 258 00:20:17.519 --> 00:20:22.039 Master's program there's a professor who basically saying, yeah, you need like if 259 00:20:22.079 --> 00:20:23.799 you're getting married, get a Prenup, if you're doing a business, basically 260 00:20:23.799 --> 00:20:26.799 get a prenup. And people are like yeah, but like they're my friend 261 00:20:26.880 --> 00:20:30.839 or family. Um. Well, first he said never do business with friends 262 00:20:30.920 --> 00:20:33.279 or family. Um. But if you are, have that Prenup, because 263 00:20:33.359 --> 00:20:38.400 the way you save those relationships and preserve those relationships is by having that prenup. 264 00:20:38.680 --> 00:20:42.519 Because everything was agreed on the front end. Um. So it's like 265 00:20:42.559 --> 00:20:45.160 hey, no, like you agreed to this, and it's not. When 266 00:20:45.200 --> 00:20:48.400 you know the motions are high, when you're in a heated break up with 267 00:20:48.440 --> 00:20:52.799 no plan in place, then that's where Um, you know, should hits 268 00:20:52.839 --> 00:20:56.640 the fans. So and that's it. And if you've got a family of 269 00:20:56.680 --> 00:21:02.720 friends and you're doing business your family and friends, planning, that breakup means 270 00:21:02.759 --> 00:21:06.039 nothing to him because they don't even plan to break up with you. You 271 00:21:06.079 --> 00:21:10.680 see what I'm saying? So that that should be something like easy, easy 272 00:21:10.720 --> 00:21:12.759 to sign off on Um. When I wanted to do the projects with sin 273 00:21:14.440 --> 00:21:18.559 it's it's I don't even second guest. Like he said, come out, 274 00:21:18.599 --> 00:21:22.480 we're gonna do this, and I'm there. I know in our worst case, 275 00:21:22.519 --> 00:21:26.400 you know, in our worst case we get upset, I'm going home 276 00:21:26.440 --> 00:21:30.039 and be handed. He's bringing home all the equipment and it's that simple, 277 00:21:30.559 --> 00:21:34.640 because at that point in time I'm not we're not going to jeopardize the project. 278 00:21:34.720 --> 00:21:38.000 You see what I'm saying. So if at that moment we we hit 279 00:21:38.079 --> 00:21:42.480 the worst of the worst, I know I'm leaving the equipment on. That 280 00:21:42.519 --> 00:21:48.839 way he could complete the objective, because objective is it's what's important, it's 281 00:21:48.880 --> 00:21:52.039 what's bigger than us. So he just knows that he got to pack up 282 00:21:52.039 --> 00:21:55.880 by himself. And that's it. And I'll just had one one quick thing 283 00:21:55.920 --> 00:22:00.480 and I'll uh give credit for my relationship with early risk back it was my 284 00:22:00.519 --> 00:22:03.559 wife and her former boss. They were friends outside of work, Um, 285 00:22:03.599 --> 00:22:08.640 but basically a boss employee relationship in work. So every time she would call 286 00:22:10.279 --> 00:22:11.480 her or her boss would call her, she would say, I'm calling you 287 00:22:11.519 --> 00:22:15.720 as your boss or I'm calling you as your friend, and she would basically 288 00:22:15.720 --> 00:22:18.640 say that up front, where you know when you're in work, like Hey, 289 00:22:18.680 --> 00:22:21.960 I'm I'm your boss and that's how it is, and when you're outside 290 00:22:21.960 --> 00:22:25.640 of work, like we can have fun, but there is that that differentiator. 291 00:22:26.319 --> 00:22:30.880 You got a compartmentalize. You gotta compartmentalize sometimes. So we're gonna go 292 00:22:30.960 --> 00:22:41.240 into the other compartment with that beautiful view shows that window. All right, 293 00:22:41.960 --> 00:22:44.440 all right, so last time I was a little disappointed. I'm not going 294 00:22:44.480 --> 00:22:47.359 to start talking I'm back. I'm back to the I'm back to the Chinese 295 00:22:47.359 --> 00:22:52.359 proverbs. Thank you. Go ahead. All right. And this this kind 296 00:22:52.359 --> 00:22:56.640 of goes back to Um. You know, bringing your kids on shoots and 297 00:22:56.640 --> 00:23:00.559 things like that, paying them, etcetera. So it's about, you know, 298 00:23:00.599 --> 00:23:06.440 building your empire as an entrepreneurs. So the Chinese proverb Um unattributed is 299 00:23:06.640 --> 00:23:10.039 if you are planning for a year, so rice, if you are planning 300 00:23:10.079 --> 00:23:12.599 for a decade, plan trees, if you are planning for a lifetime, 301 00:23:12.880 --> 00:23:22.160 educate people. Oh, I love that. Alright, Y, see, 302 00:23:22.160 --> 00:23:32.440 we got, we got, we still got but uh, I mean I 303 00:23:32.640 --> 00:23:37.119 think that really you know, Um, and again shout out to Jamar and 304 00:23:37.160 --> 00:23:40.559 Tristan and Shelanda to you know, bringing your kids out. Um, are 305 00:23:40.640 --> 00:23:45.480 working with your kids, helping them with Um, understand the struggles that we 306 00:23:45.000 --> 00:23:48.759 have had to deal with ourselves and figure out ourselves and hopefully make that you 307 00:23:48.759 --> 00:23:52.200 know, their path is going to be their path. Um. You know, 308 00:23:52.359 --> 00:23:55.240 Jamar, you said in the last episode, uh in a great way, 309 00:23:55.359 --> 00:24:00.160 that the road to success is always under construction. Um. But you 310 00:24:00.200 --> 00:24:02.960 know, they're going to be able to learn from your mistakes and do that 311 00:24:03.359 --> 00:24:06.440 much more advanced hold on, hold on, all right, wait one second, 312 00:24:06.480 --> 00:24:11.880 one second, and okay. But you do too, Chris, because 313 00:24:11.880 --> 00:24:15.559 you have the little boss who we have to make sure we schedule our recordings 314 00:24:15.599 --> 00:24:18.279 around. So she's had her nap and she's in a good mood, so 315 00:24:18.319 --> 00:24:29.359 she's running. She's the entrepreneurge trap, even a year old. Now about 316 00:24:29.400 --> 00:24:34.440 it. She's exercising those leadership skills. She's way better than I am. 317 00:24:37.160 --> 00:24:42.319 Think about it, though. I lose every negotiations. He's really, really 318 00:24:42.359 --> 00:24:45.000 not too young. Look at what Dj Kelly did on what his son one 319 00:24:45.119 --> 00:24:48.319 here. I think he made him the executive producer on the album. So 320 00:24:48.359 --> 00:24:52.079 no matter what, they would always be paid their royalties. Um, they're 321 00:24:52.119 --> 00:24:56.160 not too young. Um, have the conversation. Just talk. They might 322 00:24:56.240 --> 00:25:00.000 not understand it now, but somehow, I'm not sure works, they say 323 00:25:00.039 --> 00:25:04.240 that when they encounter it later on it's supposed to, I don't want to 324 00:25:04.240 --> 00:25:08.240 say, trigger the fact that they heard it or whatever it is, but 325 00:25:08.319 --> 00:25:12.279 we could just have those conversations, not for them to understand now, because 326 00:25:12.359 --> 00:25:17.440 right now they're the rice. At some point in time they're gonna be trees 327 00:25:18.440 --> 00:25:21.920 and they're gonna have to embark on that lifetime journey, that knowledge, that 328 00:25:22.000 --> 00:25:25.319 journey and knowledge. So just think about it that way. She's not too 329 00:25:25.319 --> 00:25:30.359 young to have that conversation. They're building a future, we're building that empire. 330 00:25:30.880 --> 00:25:33.839 So thank you, guys, for another trip, another episode of the 331 00:25:34.079 --> 00:25:38.000 entrepreneurship. Who got it in the bag? Hopefully we got a lot more 332 00:25:38.000 --> 00:25:42.920 in the bag. We got nuggets from Solana, quotes from Chris, pictures 333 00:25:42.920 --> 00:25:48.680 from sin. We got a lot going on collectively. Um, so sit 334 00:25:48.759 --> 00:25:52.440 tight, we're about to bring you some more episodes. This is where there's 335 00:25:52.480 --> 00:25:57.359 you come to the see people like you, do things like you and give 336 00:25:57.400 --> 00:26:00.720 you a little more knowledge about what this that we do, because, regardless 337 00:26:00.720 --> 00:26:06.559 of the fact we're all entrepreneurs, whether we choose to acknowledge it or not, 338 00:26:07.000 --> 00:26:11.400 acting it or not. What you know? Let's be ready for these 339 00:26:11.440 --> 00:26:15.839 trips. Thanks for joining us on this trip. Tomorrow. It's been real 340 00:26:15.640 --> 00:26:19.000 thank you for having me. Thank you for having me alright, we'll be 341 00:26:19.079 --> 00:26:26.680 back. Yeah, exactly, or we'll have your kids on the episode when 342 00:26:26.680 --> 00:26:32.440 they're all right, trippers. Thank you again for joining us. We'll see 343 00:26:32.480 --> 00:26:38.759 you next week. Already, h thank you for taking this trip with us. 344 00:26:40.119 --> 00:26:44.119 We hope you had a great time. Join US every Tuesday for another 345 00:26:44.240 --> 00:26:48.759 Jose, next TC, and don't forget to like, to share and puspire. 346 00:26:49.240 --> 00:26:53.680 Be Sure to follow us on Facebook, instagram and visit us at the 347 00:26:53.920 --> 00:27:00.240 entrepreneurs trip dot com from more entrepreneurship and chips. SEE YOU NEXT TIME