Episode Transcript
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0:01
Welcome everybody to the first episode
0:03
of Big Money Energy, where
0:05
I speak to very successful, self
0:07
made people to learn exactly how
0:10
they did it. We cover the stories in between
0:12
the paths of their successes and how they overcame
0:14
the obstacles in their way. And specifically, I
0:16
talked to people who not only have big Money
0:19
Energy, but those who started with nothing,
0:21
because I really really want to learn how
0:24
you went from nothing to something,
0:27
because big money Energy is the vibe you get from
0:29
someone who is succeeding at life in every direction.
0:31
And today we have Damon John.
0:34
And in this episode, if you were interested
0:36
in anything relating to entrepreneurship,
0:39
building wealth, and learning from failure,
0:41
you need to stick around. We go
0:43
through his first business, selling pencils
0:45
and getting beaten up. We talked about his bankruptcies.
0:48
We talked about dealing with morons, how to
0:50
be a shark, and most importantly,
0:53
how you go from forty bucks to
0:55
six billion. All
1:02
Right, today is an insanely,
1:04
insanely special day because
1:06
my guest is none other than Damon
1:09
John. Hey, Damon, how are you?
1:11
I'm good man? Now you look good with like the leather
1:14
and the Yankees had, and I'm trying to be
1:16
cool. Now. If you don't know Damon, I
1:18
don't know who you are, and I don't know why you're even listening
1:20
to this, because you should. Damon is a serial entrepreneur,
1:23
investor, TV personality, five
1:26
time best selling author. He's got his new
1:28
book out right now, Power Shift, which is incredible.
1:30
He's also on a little TV show, Um,
1:32
I can't remember, it's a fish the fish
1:34
Hit the fish Bowl, Shark Shark
1:37
Tank. That one nominated for fifteen
1:40
Emmy's one four of them, which
1:42
is amazing. Damon, thank you for being here,
1:44
Thank you for having me. Yeah, man, how's your day? So
1:46
for it is great? It's Monday. I'm calling
1:48
it more on Monday. Yeah. There's
1:51
a lot of morons on the world, man, there are, dude,
1:53
It's amazing. So I'm really excited
1:55
about that because that means I can make more and more money,
1:57
and so that everybody listening can make more and more
1:59
money because morons buy more stuff.
2:02
Well, morons and idiots, and if you have common
2:04
sense and you're willing to work hard and bust your
2:06
ask for the morons won't. So it's more on
2:08
Monday. I gotta gotta got it right because you
2:10
can outwork everybody else who's just because
2:12
they're just not doing getting information from one
2:14
source and or they're idiots. I mean, it's really
2:16
More on Monday. I'm telling you now. You know, it's funny.
2:18
I moved to New York City in two thousands six when I graduated
2:21
college, and a way to make money for me
2:23
when I first got here because I was trying to be an actor,
2:25
and I was before I ever got into real estate. In two
2:28
I would do little things like I passed up flyers
2:30
on the street for gyms, like I would
2:32
do odds and end jobs. And one of the things that I
2:35
got was like a stock photo
2:37
job modeling Fu Bou nice.
2:40
Yeah. I don't know where those photos are because
2:42
I think they were burned. But I was probably
2:44
the worst Foo Boo model not anyone
2:46
has ever seen. Do
2:48
you remember those? Do you remember those? I didn't
2:51
remember yours? No?
2:53
Maybe not? I mean thinking about that, that that was probably about
2:55
fifteen years ago. I mean, but we always had really attractive
2:58
and people we felt fit the part.
3:00
And you know what, I think a good point of it is that
3:02
a lot of times, you know, talking about More on Monday,
3:05
A lot of times people thought that food was
3:07
only for people of a certain color, and we wouldn't have
3:09
used obviously not not the color that
3:11
they're thinking, different color, and obviously
3:14
we had probably used the photo because
3:16
you know, we we used people of bolt colors and
3:18
our ads. We thank you man, thank you for being part
3:20
of the brand. So listen, one thing I want
3:22
to start with this. I'm gonna keep it super simple
3:24
and let's see how you respond. Okay, how did
3:27
you go from nothing
3:30
to something? And what does that mean to you?
3:32
Um? I went through it through massive
3:35
amount of failures. Um, but I was failing
3:38
small and quick and now learning
3:40
from them. I went through
3:43
life as a series of mentors. So I went
3:45
through so many different mentors to try
3:47
to obtain the information that I didn't know I had
3:50
that I didn't know what to do, because when you start out
3:52
and anything, you don't know what you don't know.
3:54
I went through a lot of soul searching and realized
3:57
what was my why and why was I doing this?
3:59
And what did I want to get out of it? And what was my
4:02
line in the sand and what I would agree
4:04
upon or not agree upon. I
4:06
went through a lot of common sense too. You know, I looked
4:09
around, and everybody said you can't do what I was. I was
4:11
like, well, why
4:13
all these buildings here, in all these cars here?
4:15
Who who did it? You know? Was it
4:17
was it the gods who did it? Or was it one person
4:19
with one idea that took one action. I
4:22
was like, this common sense, you can do this something.
4:25
And I just read a lot. I read, I read a lot,
4:27
and I and I and I noticed that the things that I would
4:29
read if I found
4:31
the same underlying
4:34
truth in these twenty or
4:36
forty books that were written by different people
4:38
at different times in their life, in different times
4:40
in history, what are they all lying to me? Like?
4:43
It's it's right there, it's right
4:45
there. Just a lot of common sense and drive.
4:48
So so you saw success
4:50
from other people and that's what drove you. That was
4:52
your kind of your wire driver?
4:55
What was the what was the why? My why initially
4:57
was get some funky sneakers from for myself
5:00
because mom wasn't making any money. Why
5:02
why make her work for mine? Uh?
5:04
Then it was supporting a household of me and dressed
5:06
my mother honestly, but I didn't want to be on the streets. And
5:08
then then then I made mistakes going
5:11
through their own businesses to try to make money, thinking
5:13
that you know, I was going to be a bazillionaire by twenty
5:16
and I was in and I was broke by twenty
5:18
because I was doing it only for money I had. I had no passion
5:20
to drive for it, so sure I didn't want
5:22
to work on it. Then my wife became wait
5:24
a minute, it's an untapped market that that we're
5:27
being neglected by all the big designers.
5:29
They think that hip hop kids are like, you know,
5:31
or rappers or whatever or not
5:34
a value. And I want to make clothes
5:36
for people who I love the
5:38
genre music, you know. And that's when I
5:40
created Foobu and it was forced bias was by
5:42
the culture. I mean, I would I would dress the beastie
5:44
boys. I would address at local J run D
5:46
M C, Salt and Pepper. And that was my wife then.
5:48
And then my wife would change over the lives over
5:51
my time of running a business
5:53
to say, Okay, everybody's gonna laugh at me if
5:55
this thing fails, uh, and they're gonna think I
5:57
hit the lotto or that one by the Apple.
5:59
I gotta keep going because my egos
6:01
in place. And then I had two little
6:04
baby girls and my wife, and then employees,
6:06
and my wife just kept changing. What was your first
6:08
business? You mentioned cars,
6:11
and my first business was selling pencils
6:13
at six years old. My pencils at six
6:16
Was there a good return on those pencils? Amazing
6:19
return? Because what I what I realized
6:21
when the boys like the girls in school at that age,
6:23
they would try to knock their teeth out. So
6:26
I think there's gotta be a way I can make a profit over this, right,
6:29
So I would out to find these pencils. I would scrape
6:31
the paint off the pencils, and I'd paint the names of the prettiest
6:33
girls in school and the pencils, and I walk over the guys and
6:35
go, you don't want to knock or teeth out. If you buy this
6:37
box of pencils from me with your lunch money, you're
6:39
gonna be able to sit with the girls and give them the pencils.
6:42
I get to talk to them, and then the guys would
6:44
try to knock my teeth out. So
6:47
I was about to throw the pencils away, and I remember
6:49
one of the girls saying, Hey, that's my name
6:51
on that pencil. Is that mine? I was like, yeah,
6:53
it is. The girls paid me two
6:56
times the amount of money that I was trying to sell it to
6:58
the guys for. It's a market idea right
7:00
there, But my principle made me close that business
7:02
after one month. What where's that
7:04
principle right now? And what do they do? She had no
7:06
vision. That's exactly the problem, because one of the boys
7:08
squealed on me and told her that I was stealing the pencils
7:11
from the guys that I hated in school. So my cost of goods
7:13
with zero I think. I
7:15
think it was a good business, but there was some personal risk
7:17
involved in in the selling pencils
7:19
to two people business when you're six, right,
7:22
Uh, as far as it us. If
7:24
they punched your lights out, right, if they knocked you out, but then
7:26
they're still a return I guess if the girls. But listen,
7:28
I practiced the oldest form of self
7:30
defense there is running. Yes, you
7:33
can never cash me. I was really
7:35
short and really fast. The question, though,
7:37
like, was your and I know your why has
7:40
changed over the years, but you know, don't
7:42
go back to when you're ten years old. I'm just thinking, like what
7:44
motivates you to come up
7:46
with different business ideas and think about different
7:49
ways to make money. I know back then it was like sneakers
7:51
and make some cash, But was it al also to
7:54
do something different? Like where you was there a hunger
7:56
for you to create something instead
7:58
of just you know, making money. Because we talked to a lot of
8:00
people too. It's it's just the
8:03
money, right And you can see it on them, you can smell
8:05
it when they walk in the room. Yeah,
8:07
the people that I've always met that have been
8:09
really successful entrepreneurs. Okay, yeah,
8:11
if you're in the financial trade market
8:14
and the systems like that, and it
8:17
is money, but they still love to kill. They still
8:19
love the game, the game, They still
8:21
love the way that their mind works, you
8:23
know what I mean. I don't care if you're a professional gambler. It
8:25
money is the outcome, but they still love the chase,
8:28
the game, the way they break things down,
8:30
the way they see opportunity. My real y
8:32
came around with Foo and that was when I found
8:35
my love. I love fashion ever since I was
8:37
ten years old, and I loved hip hop ever since I
8:39
was ten years old. I blended them together when I
8:41
was nineteen, not realizing that I can make money
8:43
off them, and then I failed a bunch of times up
8:45
until nineteen and I would I would still fail with Foobo
8:48
from nineteen to twenty two. I would close it three
8:50
times by running out of capital. But then I
8:53
started it again and that's where
8:55
the real love came. They came around, like when I
8:57
close it, but then people saw us saying, I have what that shirt from
8:59
you, and I really want to it again. I started again.
9:01
I closed it and I kept closing it, but it kept calling
9:03
me back. And that's when I found my real love
9:05
and my really my real why. Yeah. I
9:08
was just giving people what they want. You
9:11
know, it did a lot of things. It gave people what they want.
9:13
I would I would make a shirt and then somebody wear it
9:15
and I would and they would wear it a certain way, and I would go
9:17
I never thought about it like that, that ship
9:19
is hid I love, you know, or
9:22
somebody when they boughted, I felt like they
9:24
said, and you know, I know that you feel this way. You
9:26
know you have to feel this way, and being successful
9:28
what you do is I made them feel like they've arrived
9:31
in some way or another, even if it was
9:33
that one moment that they took a girl out
9:35
or they were out with a guy and they were wearing their
9:37
brand new food blue shirt, right
9:40
like statement piece. But yeah, for that moment, they
9:42
felt like they arrived and I would I would address
9:45
people for the rest of my life for free if I could have. I just
9:47
loved it. So what happened in what
9:49
was that shift? I mean what? Because you
9:52
shut it down a couple of times and brought it back and
9:54
I've read and we know you know how how important
9:56
your mom was to a lot of this, right, Yeah, and ninety
9:58
two, I realized that I was going to make a stand and
10:01
I was not going to quit this thing, and I need to
10:03
educate myself more. And I brought in uh
10:05
partners, my three other partners that are still
10:07
my partner still today. And I had already made
10:09
all the mistakes prior, so now
10:12
I knew what I didn't need to do. You know a lot of people
10:14
who were successful in business, they go to things and
10:16
they may have five or ten businesses. The first business
10:18
they didn't have enough funding, so they shut it down. The second
10:20
business they had enough funding, but they didn't have distribution.
10:22
They shut it down. The third one they had funding distribution,
10:25
but they're legal wasn't in order. Boom
10:27
boom, boom boom by by business and attend. They're
10:29
like, holy sh it, I you know, I may have something
10:31
here. I think that's super important
10:33
to all the listeners that are watching and listening
10:35
now who are growing up or
10:37
are learning how to start a business. And they are They've
10:40
got Instagram, they've got Twitter, Facebook,
10:42
Snapchat, TikTok. How do you get the word
10:44
out about clothing? Um
10:47
the way you guys started in the early nineties,
10:49
without millions and millions and millions of
10:51
dollars to spend and commercials and
10:54
magazine ads. How do you do that? You
10:56
know? And that's exactly what I
10:58
know. We'll get into power ship about. It's about
11:01
the building of influence prior
11:03
and that's what we're talking about. I'm gonna tell
11:05
you now, if I if social media
11:07
was out when I started, Bubu
11:10
would have not been a six billion dollar brand. It would
11:12
have been a hundred billion dollar brand over the years, because
11:14
like you look at a Nike right now doing about thirty billion
11:16
a year, right, we would have probably done about ten billion
11:19
dollars a year annually. For how had you
11:21
started now? Had I start it now, I
11:23
mean I had to literally I sold
11:25
your shirt, I had to find you. The
11:28
Internet did not exist, cell
11:31
phones didn't exist. I had to find
11:33
where you lived to sell you another shirt. And
11:35
how did you keep track of all those customers
11:37
and to be able to build your fanily school. I
11:39
used to keep their phone number. I used
11:41
to tell them book like literally at a book. I had a
11:44
book. I used to tell them, you know, listen Friday
11:46
nights. You know I'm gonna be in the corner of the Apollo
11:48
Theater at twelve o'clock when that
11:50
thing lets out. I'm telling you now, you better
11:52
be there to get your shirt first, because I'm gonna
11:54
sell out that. Not only was I giving them
11:56
consistency of where I was going to be, I
11:59
was telling I knew their aims, and I was telling them
12:01
where to find me. I promised. I kept
12:03
that promise. I don't care if it was ten degrees.
12:06
I was there that day so people could expect
12:08
you at night. Also, I was getting feedback. Here's
12:10
the best thing. You want feedback. You
12:12
stand on the corner of the Apollo
12:15
Theater at midnight when those drunk
12:17
people let out, and they would tell me about what
12:19
they thought about my and my mother. You
12:22
want feedback, Oh my God, and
12:25
it grew us safer behind Instagram in
12:27
person, much safer. But I
12:30
had to work with my partner
12:32
and I we worked it for about
12:34
eight years like that, and I don't care
12:36
eight insistency. Yeah, it had to be consistent.
12:46
When did you get into office space?
12:49
When did you first kind of take a step back and
12:51
realize, you know, what, things are gonna be okay,
12:53
and they might be better than okay
12:55
if we keep doing this. Yeah, it was never gonna be okay.
12:58
It was either gonna be guys, all right now
13:00
the real journey is starting, right,
13:03
we're playing at a big level. Nineteen
13:05
nineties seven, UH
13:08
Samsung's textile division and this guy
13:11
named Bruce and Norman gave me a call and
13:13
they gave us an opportunity um to
13:15
to come up there and were the agreement.
13:18
I think we had to sell five million dollars worth of clothes
13:20
and five in in three years to keep
13:22
this distribution deal that they were going to distribute
13:25
our clothes. It's like a record label
13:27
getting a record, you know, million and three
13:29
years. Yeah, but I did thirty million dollars in three
13:31
months. And because we had already
13:33
built up this influence for ten years or nine
13:35
years, all of a sudden, they gave you a megaphone, gave
13:38
us a megaphone. They were like, okay, now we
13:40
can manufacture and distribute, do what you
13:43
do best. And that was it. We were dressing
13:46
everybody in every single video. We were every
13:48
place, we want, every corner, and
13:50
those ambassadors that we had built that influence
13:52
with, somebody would say, hey, you
13:54
know, I'm the Foobu guy who I'm the fooble
13:57
girl in Detroit And we would have a
13:59
hundred of the holes in Detroit, a hundred of
14:01
those in Atlanta, a hundred of those
14:03
in Carolina Organic. And this
14:05
is viral before was viral, right, we build
14:08
this relationship with l J. He goes and puts
14:10
Foobu in the gap ad, he does a gap
14:12
at and he puts for us by us on the low in
14:14
the gap at. Gap spends thirty million dollars
14:16
airing that commercial. It's a Foolbu
14:18
commercial. They're basically airing um.
14:22
So many big things had happened at that time
14:24
for us, But it was a culmination of
14:27
if you really think about it, I started in eighty nine.
14:29
By that time, nine years or
14:31
whatever, the cases of just
14:33
just pounding the ground. Now, it's
14:36
going back to what you talked about. You know, one of the things
14:38
I think people don't really understand these days
14:41
when they like when they look at somebody like you and
14:43
they say, okay, successful, Yeah, I know he's got
14:45
some sort of backstory. But is the red lobster
14:47
working red Lobster? That is a hustle
14:50
that people just don't get anymore. Like what you
14:52
said, your your job when you started
14:54
was you worked at Red Lobster. The majority of your day
14:56
was working Red lobster, right, and then
14:58
it was getting food off the ground,
15:01
watching it failed, getting it back off the ground, watching
15:03
it fail. What was the red Lobster
15:05
to you? Yeah, just like you with the flyers, Red Lobster was
15:07
my basis. I had to keep the lights on. And
15:09
everybody talks about, you know, burn
15:11
the bridges and quit your day job there.
15:14
Whoever said that's an idiot, because if
15:16
you look and I worked the Red Lobster for five years
15:18
and I got paid thirty thousand dollars a year,
15:20
I had medical I was taking all the food
15:22
home, so now I didn't have to pay for food anymore.
15:25
I was having an entire staff of red Lobster come
15:27
to flea markets with me on Saturdays
15:29
and helped me. I was trying to sell the customers right
15:31
if they bought their shrimp, do you want a T shirt? You
15:34
know? And then at the same time my house,
15:36
I was renting out all the rooms in my house. I
15:38
had four rooms, so I was renting a while out for twenty
15:40
five dollars a week to strangers. And I
15:42
was sleeping on the couch. So now I had some
15:44
of the mortgage paid. I was working all those hours of
15:46
red Lobster, and I had to do that for five years.
15:48
I would have to do two million dollars in sales
15:51
and food to take the same money
15:53
away from there, and I wouldn't have done two million
15:55
dollars of sales. I was sleeping next to sewing machines,
15:58
you know, I was. I had a old eat
16:00
up car gelopy. I mean that thing was.
16:03
I don't know where it is, but you should find that car.
16:05
It's not trust me, it's not around anymore. It's
16:08
not around anymore. It can't be. And now you're
16:10
successful and everybody knows it too.
16:13
Why shark tank, I mean, is it
16:15
just because you're you're hungry for more. You
16:17
want to meet more people, you want to help more people. You
16:19
invest in all these different businesses. You know, that's
16:22
it sounds almost like a stupid question, but it's kind
16:24
of not because you've You've
16:26
lived so much life and had so much
16:28
business that people could only even dream of.
16:30
Why Shark Tank is? Why? Why has changed on
16:32
Shark Tank? You know? Initially when I turned
16:34
down the show because they said I couldn't do any of the show while
16:36
doing Shark Tank, and I was representing
16:38
the Kardashians and I was doing various things with
16:40
the Kardashians, so I said no. Chloe Kardashian
16:43
fired me off the show because she heard that I was turning
16:45
down Shark Tank because of her. Then I heard
16:47
that on Shark Tank you have to use your own money. I'm
16:49
like, these these guys in Hollywood a pimps.
16:52
You suppose to get paid to be on the show. Are you crazy?
16:54
And then somebody said to me, well, Daman,
16:57
you're only getting pitched clothing ideas.
16:59
And I had ten clothing comings at the time, and eight
17:01
of them were dead. This is oh, seven oh eight, when
17:03
retail not working. I said, I'll go on the show because
17:05
if I'm talking to a retailer. I want to take a more
17:08
real estate in their in their area, and I only have
17:10
clothing. So I'll go and get some lotions I'll get
17:12
I'll get electronics, I'll get whatever. So then when i'm
17:14
talking to you, I'll go can I be in these other departments?
17:16
And because we have a nurtured relationship, like
17:19
we always talking about, you'll say yes. I'm more comfortable
17:21
with you because I know you're a good vendor. You've
17:23
been a good vendor record for years. Something goes wrong,
17:25
you'll take it back. We have a good relationship going
17:28
there. Then I start to realize the power
17:30
of it the show, and I start to realize I'm learning
17:32
more on the show than the people on the
17:34
show. I don't learn too much from the Morons on
17:37
the Other Sharks, they're the chairman of
17:39
Moron. But I learned
17:41
from these other kids who are coming up now. All of a sudden,
17:44
they're selling clothes a different way, their online,
17:46
they're doing social media conversion, they're
17:48
doing this, they're doing that, And I'm learning all
17:50
these other industries and I'm applying
17:53
it to myself. I wasn't thinking about what
17:55
we do now content creation. I wasn't thinking
17:57
about all these other things. I would have been
17:59
like my old up like some of like colleagues
18:02
in the industry, would have been the same old guy going, let
18:04
me make a shirt. Hopefully a buyer buys it.
18:06
Hopefully they put it on the rack in a dying retail
18:08
environment, and maybe somebody walks by the rack and
18:10
buys it. I would have been that same person. But
18:13
again, shark Tank has grown to something
18:15
else and it changed my Why Yeah,
18:17
so how many different businesses are you involved with?
18:19
Now? You remember I would say that a shark town
18:22
by eight um. But and I know it sounds
18:24
daunting. So let me clara, let me my
18:27
jaw just dropped. Let me clarify that one
18:29
third of them are the walking dead giving them
18:31
the money, or we've done a deal and they're dead and
18:34
or they are trying to come around. There's nothing for me
18:36
to do. They call them up and ask them for the money. Now, I
18:38
mean, I'm a partner, right and things
18:40
may work out, it may not. Another third of them,
18:43
like bomba Socks, are brilliant. They don't
18:45
need me. If I call them, I may suck it
18:47
up. They don't need me at
18:49
all to call them and say, Yo, you should make the locals
18:51
bigger. They'd be like, thank you, Damon click. So
18:54
now the ones I got a concentrar on the ones
18:56
right on the fence, they're gonna move either over
18:58
to one of those other lay means, and they call
19:00
me when they need me, and we work it out and they
19:02
need your help if they need my help. Absolutely, And I'm here.
19:05
What's your favorite business you're working on right now? My
19:08
favorite business? Well, of course, because we're here, I'm gonna
19:10
talk about the book. But other than that because content.
19:12
But you know, I I like my I like my curriculum,
19:14
my Damon on demand. I give step by step
19:17
lessons and and the information
19:19
people need to know to run a business and understand
19:22
the difference between if you need a trademark
19:24
or you need a patent, or you need a d b A or
19:26
you need a design trademark against
19:28
a utility patent or whatever the cases. Because
19:30
in financing, when you get financing, how do you
19:32
get financing? Who do you get financing from? So
19:35
I like that one because it helps people. It saves
19:37
them from the mistakes that I made. When did you put that course
19:39
out? I put the course out about a year. It's you can
19:41
go to gaming on Demand dot com and get
19:43
that course. And you know, I'm starting
19:45
to see the students come back who are growing
19:48
their business or starting a business and saying,
19:50
this is actually working. So it's your it's your whole life
19:52
and everything you know and all if you're experts and people you work
19:54
with all boiled down in eight hours, so you
19:56
can get it. Basically, you can get your business
19:59
degree. I'll give example right now. Everybody always wants a patent.
20:01
Patent can cost anywhere from seventeen that if you do it
20:03
yourself, right, a utility patent in one of the cases,
20:05
you do it just yourself, no attorney. Of course,
20:07
you maybe three thousand dollars, but
20:10
but you could probably you know, an attorney, seventeen
20:12
thousand all the way to a hundred because how many
20:14
claims you have in a pattern. I have a
20:16
hundred patterns. I haven't been able to defend that one of them.
20:18
However, a trademark f
20:22
you be you cost dollars. You
20:24
can't put foubu on anything. That's
20:27
it now per category,
20:29
then you get more categories at three hundred four hundred
20:31
dollars. That means you have it in category twenty four and the category
20:34
seventeen and twenty five maybe
20:36
clothing. But think about it like this. Somebody right
20:38
now who has been told they need a patent
20:41
has spent fifty thousand dollars when they just
20:43
need to spend trademard
20:45
what they really they didn't know what they needed yet. If
20:56
you could go back in time and stand
20:58
in front of your twenty year old self, to go back
21:00
to in right on that corner,
21:02
that inflection point, that aha moment when that
21:04
happened, you yourself right now, right,
21:07
you take the delore and you go back there, What
21:09
do you say to him without fucking him up? Funny? I watched
21:11
the Generous of the day, Do Alive
21:13
not comedy. She was just doing her speech
21:16
or her whatever, Q and A, she
21:18
says. She She says she wouldn't tell her older, her
21:20
younger self anything because then she wouldn't be who she is today.
21:23
Me on all this hand, I get it, you're right,
21:25
um, but I would have I would have said, damon, you've got
21:28
to learn financial intelligence. You've
21:30
gotta learn how money works. Man, You've got to learn
21:32
how money works. The system has not been set
21:34
up to let you know how money works. You
21:36
are and you're the only thing you're not gonna learn in the
21:38
school system, or not the only thing, but you're not gonna learn
21:40
how financial intelligence works, because then you
21:42
can't get three hundred thousand, four hundred
21:44
thousand dollars worth of loans on the education. You're not
21:47
certain if you want, I
21:49
need a financial intelligence, I would go i'ld go home
21:51
with bankrupt three times after that.
21:53
Now, two of the times I almost went bankrupt, I didn't
21:55
have anything so bankrupt. Wasn't you know,
21:58
wasn't that you know, wasn't that much of a law it
22:00
was. It was it was almost like a you know, break even.
22:03
But after that I would I would blow about. I would
22:05
not blow because it wasn't on stupid
22:07
things, but I would go through about ten million fairly quickly.
22:09
Thank god, I'm not an athlete of somebody who peaks
22:12
at the beginning of their career. But you know, I
22:14
had many more bites to the apple and I was fine. But
22:16
I learned from that. I said that with a ten million go now,
22:19
I just didn't know how it worked. Become
22:22
financially literate. That's what you'd say to your financial
22:24
work on finding I'm still working on finding
22:26
every you know, the richest and wealthiest
22:29
people. I know, billionaires. I mean, guys
22:31
are big money. They walk around
22:33
with and they're just older, but they walk around a
22:35
book and all they do generally is
22:37
discuss or when they hear about different
22:39
ways to legally save on taxes,
22:42
that's what they write. And I always say why do you? And I noticed
22:44
like it was four different guys and said why do you do that? He
22:46
said, Well, I can either risk at all and start a whole
22:49
new business to hopefully do two hundred million
22:51
dollars a year, or I can just save two hundred
22:53
million that I already made. Why
22:55
the hell do I need to do this? Instead
22:58
of do this? But I gotta pay a billion all
23:00
the taxes. I'd rather only pay
23:02
six hundred million dollars in tax seven
23:05
hundred million dollars And why start a whole new business?
23:07
Pretty smart? That
23:09
already made it exactly. I
23:11
love that man, because you also because you have your course
23:14
and you're learning every day. Education has been
23:16
such a big part of your life
23:19
every day as you go on every day. You said
23:21
big money there, What does big money energy mean
23:23
to you? If I just said that phrase to you, what
23:25
would you think about? I can interpret in different
23:28
ways I've ever heard before until you said,
23:30
a big money energy to me means either you
23:33
know, you think of the big money Wolf of Wall
23:35
Street energy, like in a room like that where
23:37
I'm not sure that's good. I'm just saying
23:39
that, or you think of big money. They
23:42
come in when a person just has
23:44
that thing that they think big. They
23:46
operate big. You know, they just think
23:48
big. You know. When I'm out with those guys
23:50
a lot of times there they're talking
23:52
about you know, so I'm
23:55
gonna rule wealthy people and super wealthy
23:57
people. The difference between wealthy and super wealthy is the wealthy
23:59
people that I see or the rich.
24:01
I don't want to say wealth because wealthy is a lot
24:03
of different things in life. They talked
24:05
about how big their parties are, how big their houses
24:08
are, and stuff like that. They
24:10
really really rich people. They
24:13
talk about how much money they gave away this year. So
24:15
I was in the house a little while
24:17
back, and I remember this woman walking walking to us
24:19
all around and she's like, look how big this house
24:21
is, Look how big this is. And then she just came into
24:24
money and I remember somebody who
24:26
having an OVC said, wow, you live really
24:28
well. You live better than Warren Buffett. She shut
24:31
the funk up after that. So
24:34
you know, big money energy is just you know,
24:36
really really really just thinking big
24:39
and being humble. I think also, I think,
24:41
sure, talk to me about your book, power Shift.
24:43
Power Shift book number five. All right, So I wrote this
24:45
book because it was like one week that
24:48
a lot of people came to me and they were asking
24:50
me about or trying to get advice about changing
24:53
their lives and various other things. And
24:55
I'd asked them what did they do? And they a lot of people
24:57
felt that they were inundated,
24:59
or they did know where to start, or they needed a lot of
25:01
money, or they needed this, they needed that, when it
25:03
was really their mentality of how
25:06
to change your life, of what they can do with what they
25:08
have right now. And uh,
25:10
and then I also started to realize that people think
25:12
that power shift and shifting power
25:14
is either taking it away and being just
25:17
just massively mean personal
25:19
lots of time. Power shift is passing the
25:21
power onto you on the all the side of the table. You
25:23
appreciate it, and and and I wanted people
25:25
to understand how uh to become
25:28
powerful. It's a three step process. First,
25:30
you have to build influence, like you and I were talking,
25:32
right, You have to build influences, Then
25:34
you negotiate what you want for
25:37
both parties, and then you nurture
25:39
the relationship afterwards. But people are so transactional,
25:42
they're so just like this. So what do
25:44
you do when you run into a Ryan in the elevator
25:47
and you have a nineties second pitch and you didn't have time
25:49
to build influence
25:51
with them? Well, if you have
25:53
the pitch and I do a lot of pitches in here
25:56
that are rock solid, Ryan, and
25:58
damon, we're gonna look at you or at
26:00
your Instagram later on, did you build influence
26:03
through there to the right way? Because I'm gonna look at the language
26:05
and everything you're doing and how you're representing
26:07
yourself. If you happen to be taking pictures
26:10
with a massogic race and racist
26:12
friend all the time and you're wondering why I'm never
26:14
calling you back, Well maybe because I've just followed all
26:16
the things around you and realized that it's
26:19
a facade you're putting out there and this is actually
26:21
where you believe nothing wrong with that. Maybe you'll find somebody else
26:23
who's a racist, massageist, the pick who wants to
26:25
be down with you. But you know, it's
26:27
all about this, this this form of
26:29
taking power back. Because people think that
26:31
they'd be the lost power. Somebody had to give it to him.
26:33
That's why I told you that good Friday.
26:36
I realized nobody had to give me power. I was in charge
26:38
of myself. And so I have a lot
26:40
of subjects in here, from Chris Jenner
26:42
to uh, clay you Bill a guy
26:45
who is you know, Mark Vannette. But Clayton new Bill
26:47
is the producer of our show. He's had to
26:49
see thousands of pitches to get people to come in front
26:51
of the Sharks, probably like ten thousand,
26:53
Right, what got you pass clay
26:56
new Bill to go to the Sharks? I got Mark Cuban in there.
26:58
I got pit Bull, I got people you won't know in there who
27:00
are extremely successful people and how they
27:02
have used power in their lives. Look at the
27:04
Kardashians. It's a subtle power that they
27:06
use, but it's in the book on how
27:09
they have built influence over the course of
27:11
their lives and how they're so powerful.
27:13
Right, So it's a blueprint. It's a powerfue
27:15
print. It's a movement. The reason why I put so many different
27:18
subjects in there because I got I got in there Billy
27:20
Jean King, who changed the face of tennis.
27:22
You know what I mean. This is not all about money.
27:24
This is about power and movement and
27:26
giving. And that's why I put the blueprint in by Barris
27:28
different people, because you'll start to see something that underlines
27:31
other things, from body language when you're discussing
27:34
with people, to negotiation
27:36
tactics to pitching. And if
27:38
you just take one or two of them, you're not gonna absorb
27:40
the whole thing. And maybe not it's not for everybody,
27:42
but you take one or two of them tomorrow, and it starts
27:45
making you better and stronger. You keep
27:47
adding to your artillery. You're
27:49
gonna realize. I mean, the only difference with anybody in the world
27:51
is what we have ever negotiated.
27:55
That's it. Yeah, man, I live my dad negotiating.
27:57
Oh day long. Yeah. The first person
27:59
you got to go sha is a one year old Yeah,
28:01
exactly. Well, your he is
28:03
manipulative. You
28:06
will see you will see that in her. I mean I'm
28:08
sure you're seeing it now, like but when when they're
28:10
two. They know how to play daddy against
28:12
mommy, against caretakers, against teachers,
28:15
against everybody. It's a natural
28:17
thing that we have. But a lot
28:19
of people don't realize how to master A
28:21
two year old knows how to master it. They
28:24
just forget it because people move
28:26
them into a corner or they don't get what they want. But
28:29
two year old was learning. They're learning. Yeah, you know
28:31
how you learned super early on
28:33
how to how to manage people and manage expectations.
28:35
Absolutely. Yeah, awesome, man, I'm
28:38
super excited about the book. I want to
28:40
wrap up one minute. You got it for me?
28:42
Yea, guys, super quick. What's your favorite movie?
28:45
I don't know. Tropic Thunder. That's a good
28:47
movie. What you mean you people? Um?
28:52
Well, what's the worst job you ever had? Running
28:54
b X cable and burned down buildings
28:57
in the Bronx? Yeah that's
28:59
pretty bad. That's pretty bad. Do you have a favorite
29:01
quote? One is a great slave with a
29:03
horrible master. That's a good one or no
29:05
way? Wait wait, wait, don't tell anybody your problem. Don't
29:08
care that all are really happy you have
29:10
them.
29:12
What's your favorite word? Fuck?
29:15
Yeah? If you could be any animal, what animal
29:17
would you be. Come on, you know what
29:19
I gotta say on that one. But maybe it's
29:21
not that one. Maybe it's a different one. Maybe
29:24
it's like a platypus or like something weird no one
29:26
ever thought about. You're like, dude, no one knows
29:28
this, but I really, really, really uh
29:32
um. I would have to say a shark, I
29:34
guess because I'm on Pisces as well. I've always related
29:36
to it, good old Pisces. If you can
29:38
live anywhere in the world other than New York
29:41
Miami, Yeah, what's
29:43
your favorite song from the nineties? Paid
29:46
in full? I don't know if that's
29:48
that's eighties, actually Rocky, I'm paid
29:50
in full nineties? I don't know.
29:54
Sorry, what's the last
29:56
lie you told? The last lie
29:58
that I've told. I'm not going
30:00
back to Golden Corral again. Thank
30:03
you, Mann, Thank you so much for coming on. You're
30:05
the best, Damon John. Your book Power Shift everywhere
30:07
the course everyone knows where to get it. Uh,
30:10
You're the man. You've got big money energy. Thank
30:12
you, dude. I appreciate it. If
30:15
you're ready to take action today.
30:18
Based on Damon John's entire blueprint
30:20
for how he got to where he is, go to Big
30:22
Money Energy dot com slash
30:25
podcast to download an action
30:27
plan I put together for you, as
30:29
well as the show notes. That's
30:31
Big Money Energy dot com slash
30:34
podcast. Find more podcasts
30:36
like Big Money Energy on the I Heart Radio
30:39
app or wherever you get your podcasts.
30:42
Big Money Energy is hosted by me
30:44
Ryan Sir Hint and it's produced by Mike
30:46
Coscarelli and Joe Loresca and
30:48
executive produced by Christina Everett
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