Latest / The Steve Harvey Morning Show / Dr. Robert Watkins's signature book, "Never Chase A Paycheck Again," and he's hosting the 2023 "Kings & Priests" Men's Empowerment Summit.

Transcript

Dr. Robert Watkins's signature book, "Never Chase A Paycheck Again," and he's hosting the 2023 "Kings & Priests" Men's Empowerment Summit. · The Steve Harvey Morning Show

0:05
Speaker 1: Welcome to money making Conversations.
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Speaker 2: It's to show that she is the secrets of success
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Speaker 2: experience firsthand by Marketing and Brandon expert Rashan McDonald. I
0:12
Speaker 2: will know he's giving me advice on many occasions. And
0:14
Speaker 2: in case you didn't notice, I'm not broke. You know
0:17
Speaker 2: he'll be interviewing celebrity CEOs, entrepreneurs and industry decision make
0:21
Speaker 2: because it's what he likes to do.
0:22
Speaker 1: It's what he likes to share.
0:24
Speaker 2: Now it's time to hear from my man, Rashan McDonald
0:27
Speaker 2: money making conversations.
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Speaker 1: Here we go.
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Speaker 3: Wow.
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Speaker 1: Stephen A was on The Talk today.
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Speaker 4: If you watch the Talk, he was promoting his book
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Speaker 4: Straight Shooter, a book that was basically dedicated to his mom.
0:40
Speaker 1: Talks about his.
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Speaker 4: Career when he got fired from ESPN and how he
0:44
Speaker 4: came back and becoming one of the major stars today.
0:47
Speaker 4: That's Sue's voicing my intro every Tuesday and nationally on
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Speaker 4: syndicated and as well A it's on TV and streaming
0:53
Speaker 4: on TV. That is money making conversation. I'm probably to
0:56
Speaker 4: say that's the divorce of stephen A.
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Speaker 1: Smith.
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Speaker 4: All Right, Andrew Sean McDonald, as you know, a host
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Speaker 4: the weekly money Making Compensations Masterclass Show. The interviews and
1:04
Speaker 4: information that this show provides are for everyone. It's time
1:07
Speaker 4: to stop reading other people's success stories and really start
1:10
Speaker 4: living your own. My guess on the show that they
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Speaker 4: have two of them. My first guest is doctor Robert Watkins.
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Speaker 4: He is all about building generational wealth. Doctor Watkins is
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Speaker 4: also known for several works he is authored. I've interviewed
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Speaker 4: him several times on various platforms that I call part
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Speaker 4: of our media empire, including his signature financial system and
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Speaker 4: book Never Chase a Paycheck Again. That's a great title
1:33
Speaker 4: for a book, Never Chase a Paycheck Again. Doctor Watkins
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Speaker 4: is also hosting and producing the twenty twenty three Kings
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Speaker 4: and Priest Men's Empowerment Summit, held on October twenty seven
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Speaker 4: to twenty eighth at the Riverside Epicenter in Austere, Georgia,
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Speaker 4: which is located if you're flying into town. It's located
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Speaker 4: fifteen minutes from Atlanta Hartsfield Airport International Airport. The summit
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Speaker 4: central theme is to help men live their best lives
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Speaker 4: in every assay speak mentally, spiritually, physically, and emotionally. The
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Speaker 4: guest speaker will be my man and so in a
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Speaker 4: long time Less Brown throughout the event checked his out
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Speaker 4: this weekend, like I said, through twenty seventh and twenty
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Speaker 4: eighth of October. Throughout the event, participants can engage with
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Speaker 4: the Summer's dynamic speakers participating in the thought provoking workshop
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Speaker 4: and join interactive panel discussions. Things like shark tanks and
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Speaker 4: all these things will be going down. Please welcome to the
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Speaker 4: Money Making Conversation Master Class, Doctor Robert Watkins.
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Speaker 3: How you doing, sir, wonderful, wonderful, so good to be
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Speaker 3: back with you. Thank you for having me on.
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Speaker 1: Well so much. You know, you know you're so inspiring
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Speaker 1: and sow uplift.
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Speaker 4: Now now I got to ask you the magazine question
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Speaker 4: about the twenty twenty three Kings and Priest event, which
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Speaker 4: is happened in October twenty seven to twenty eighth.
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Speaker 3: What's the charge, Well, it's we have a free It's
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Speaker 3: free for those who want to come and enjoy us
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Speaker 3: honoring you and many others on Friday night, so it's
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Speaker 3: one forty nine. If they want to come on Saturday
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Speaker 3: as well, we'll have a power lunch, a chance and
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Speaker 3: hang out with the speakers. There's panels. But our whole
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Speaker 3: thing is ensuring that men work together strategically so we
3:07
Speaker 3: all can finish strong this year. You know, we need
3:10
Speaker 3: each other. And this platform does this stuff.
3:13
Speaker 4: So you utter the words free. So how they went
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Speaker 4: to go to a website? Is their number they can
3:18
Speaker 4: call to get this information because it's a men supported event.
3:24
Speaker 4: I know you get sponsors on board, but you want
3:26
Speaker 4: men to come there to kind of for this weekend too.
3:29
Speaker 4: It isn't empowered weekly for women. We hear a lot
3:31
Speaker 4: of these type of things like basically what they do
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Speaker 4: at essence every fourth of July weekend. That's an empowermenty
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Speaker 4: event for women. We all know that. But I know
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Speaker 4: you have been an author, a king so to speak
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Speaker 4: behind empowerment events for men.
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Speaker 3: Why yeah, Well, when men get in position financially and
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Speaker 3: we'll become emotionally whole. Our families stay together, our children
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Speaker 3: stay off the streets. Great things happen when men are empowered.
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Speaker 3: When they are when they have the resources and the
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Speaker 3: relationships that they need, their marriagans are going to be happier.
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Speaker 3: Divorce rates go down, unemployment rates begin to go down,
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Speaker 3: entrepreneurship rates go up. When men get in position in
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Speaker 3: our communities and our homes, and that has to be
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Speaker 3: our focus, especially as young people and especially as minority.
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Speaker 3: We have to get in position because there's nobody coming
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Speaker 3: to save our men. We got to work together to
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Speaker 3: save each other.
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Speaker 1: Well, it was really true.
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Speaker 4: You know, I've lived in born and races in Houston,
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Speaker 4: Dr Watkins, and lived in New York, Chicago, Los Angeles,
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Speaker 4: and currently live in Atlanta and every one of those cities.
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Speaker 1: You know.
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Speaker 4: You know, black stories, negative black stories lead and unfortunately
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Speaker 4: a lot of them tied to men in violent crimes
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Speaker 4: or robbery. And that's that's the image that you know,
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Speaker 4: our young people that people are other races, especially white
4:55
Speaker 4: people tend to have of African American men. So we
4:58
Speaker 4: already stereotype every morning, news and afternoons because of the
5:03
Speaker 4: color of our skin. And these type of events kind
5:06
Speaker 4: of like help us out too, because we can fall
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Speaker 4: victim to the stereotype. You you know, if you keep
5:11
Speaker 4: telling somebody that that these type of people stealing, these
5:15
Speaker 4: type of people are Qreat Robbert, you can start doubting
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Speaker 4: who you are and whether you.
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Speaker 1: Can be successful in this business.
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Speaker 3: Correct, absolutely, you know, one thing you always say and
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Speaker 3: I listen to you intently. We have to change the narrative.
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Speaker 3: And so we got to get out of talking into
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Speaker 3: actually doing. And there is a remnant of people, a
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Speaker 3: remnant of men who say, you know what, enough is
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Speaker 3: enough enough with the stereotypes. I'm breaking out of this.
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Speaker 3: But we can't do it ourselves. We've got to come
5:39
Speaker 3: out of our basements, out of our depression, out of
5:42
Speaker 3: our loneliness, out of our brokenness, out of our insecurities,
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Speaker 3: and say, you know what, life is not about me.
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Speaker 3: It's about me helping another man. And when we do that,
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Speaker 3: because other races do that, that's how a white brothers
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Speaker 3: has been able to survive all this time. Our Jewish
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Speaker 3: brothers been able to survive all the time because they
5:59
Speaker 3: group together and they work together. But they have to
6:01
Speaker 3: have a common cause. It's not just about money. It's
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Speaker 3: about our children and our children's children. We all have
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Speaker 3: the same cause. And when we come together, this is
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Speaker 3: no greater talent, in my opinion, than it is of
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Speaker 3: a black man who's working with another black man. That's
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Speaker 3: why the world fights so hard to keep us separated.
6:20
Speaker 3: But when we come together, businesses, families, everything, money begins
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Speaker 3: to happen, and abundance and gets you benefits everybody, Right,
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Speaker 3: that's a benefit.
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Speaker 4: And that is so important that people hear that because
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Speaker 4: sometimes we just don't care. We just want to stop
6:36
Speaker 4: the success stories. Again of talking to doctor Robert Watkins
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Speaker 4: his event that I'll be honored at. You know, tickets
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Speaker 4: are complementary for the Kings and priests. You can go
6:45
Speaker 4: to this website kings ink ink as, kingsink dot com,
6:50
Speaker 4: k I n G, s I n C dot com,
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Speaker 4: kingsink dot com for the event schedule for registration this
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Speaker 4: October twenty seventh and twenty eight Again, it's in Austell, Georgia,
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Speaker 4: which is fifteen minutes from Atlanta's herts For International Airport.
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Speaker 1: If you live in that area or you're flying it
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Speaker 1: in town.
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Speaker 4: For event, it's definitely an event, a man empowerment event. Now,
7:13
Speaker 4: you recently did one in Orlando, correct in.
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Speaker 3: Florida's Yes, How is that tell.
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Speaker 4: Us about the difference between the two, because, like I
7:20
Speaker 4: like to tell everybody, this is not a one off,
7:22
Speaker 4: this is like his twentieth year. He's been doing this.
7:24
Speaker 4: He's been reaching back and grabbing you know that famous
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Speaker 4: photo of a black arm reaching down, another black arm
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Speaker 4: grabbing in you pulling it up. That's been your mantra.
7:35
Speaker 4: That's been your manto. Tell us about that other event.
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Speaker 3: Well, Orlando, every city, as you mentioned, and you live
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Speaker 3: in many cities, and thank you for for laying that
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Speaker 3: out force. Each city has its own personality. Orlando is
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Speaker 3: different than Atlanta. Orlando is a is a new black city,
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Speaker 3: as I call it. It's kind of maybe where Atlanta
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Speaker 3: was probably thirty years ago. While there's more than thirty
7:56
Speaker 3: five hundred people a day are moving to Orlando, and
8:00
Speaker 3: so Atlanta was like that some time ago. So you
8:02
Speaker 3: have a lot of new relationships there. And so what
8:05
Speaker 3: we did in Orlando, we brought together five or six
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Speaker 3: hundred brothers came together for that Kings in Prices Orlando,
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Speaker 3: and it was new even so many people. The pastors
8:14
Speaker 3: didn't know each other, the business people didn't know each other,
8:17
Speaker 3: the professional class didn't know each other, the media didn't
8:19
Speaker 3: know each other. So bringing those guys together the room
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Speaker 3: was really special. Atlanta is a little different because most
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Speaker 3: people are from someplace else, but most of us have
8:29
Speaker 3: been there for some time, and we got to get
8:32
Speaker 3: out of our In Atlanta, you don't know who's real
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Speaker 3: and who's not right. You don't know who has money,
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Speaker 3: who doesn't have money. Everybody's falsest, everybody's ringing card houses.
8:42
Speaker 3: You don't know who's real who's not. Everybody knows somebody
8:44
Speaker 3: who's a celebrity. Everybody used to be a celebrity. So
8:47
Speaker 3: we have a lot of false, false narratives that we
8:50
Speaker 3: have we bring to the table, and so we're getting
8:53
Speaker 3: beyond that. We're taking down the mask in Atlanta, and
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Speaker 3: we're saying, listen, you, we know you need money. Here's
8:59
Speaker 3: how to get We know that you don't have any
9:01
Speaker 3: real wealth, here's how to get it. We know that
9:04
Speaker 3: you're walking around with a script and you're trying to
9:06
Speaker 3: get it financed, and you've been doing this for the
9:08
Speaker 3: last three years and you're just not getting it done.
9:12
Speaker 3: You have a group of people who are ready to
9:14
Speaker 3: get it done. I'm bringing in my best investors, my
9:16
Speaker 3: best money people, my best pastors, my best ministers. We've
9:21
Speaker 3: got doctor Tart that's coming, who is a world renowned
9:25
Speaker 3: Christian psychiatrist to help us deal with emotional issues. And
9:30
Speaker 3: so we're bringing the best in the brightest to help
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Speaker 3: men really become the man that they're supposed to be
9:36
Speaker 3: and having the things that they're supposed to have when
9:38
Speaker 3: they leave out of there. If you're whatever you're broken in,
9:41
Speaker 3: I'm telling you it's going to be fit.
9:43
Speaker 4: I'm going to tell you something, doctor Welkins. I was
9:45
Speaker 4: just going to come one day. You got me fired up. Brother,
9:50
Speaker 4: I have to be there because this what happened at
9:52
Speaker 4: the event. Men will expand their network and build valuable relationships,
9:57
Speaker 4: pitch their business and ministry to potential and esters for
10:00
Speaker 4: financial support. Learn from billion dollar real estate producers about
10:05
Speaker 4: wealth building strategies, deepen their connection with God and your
10:10
Speaker 4: daily work and business life. It's called faith. Leave a
10:14
Speaker 4: rich legacy for three generations because at the beginning I
10:16
Speaker 4: told you about generational wealth and build generational wealth for
10:20
Speaker 4: their families. That's a lot to say, and that's a
10:24
Speaker 4: that's something that you are honoring me. Why are you
10:26
Speaker 4: honoring lit No, Rashaan McDonald, Why.
10:29
Speaker 1: Are you because you personally mad?
10:30
Speaker 4: I'm just I'm just a doctor parking When you made
10:33
Speaker 4: that call, man, I could you said, Rashana.
10:35
Speaker 1: I'm not gonna say just this.
10:37
Speaker 4: I'm not even going to the detail, but I was
10:40
Speaker 4: that was a blessing brother, because I because you know,
10:42
Speaker 4: because you you you work so hard. I was like,
10:44
Speaker 4: you was grind men. I'm a grinder, you know. And
10:47
Speaker 4: this year has been amazing. Man, how things have come
10:51
Speaker 4: from my company, come to me as an individual and
10:54
Speaker 4: this King's and priests.
10:56
Speaker 1: Tell everybody what it is exactly, and why are you
10:58
Speaker 1: honoring me?
11:01
Speaker 3: We're honoring you because of your influence. Since there's a
11:05
Speaker 3: lot of people that are listening that have influence and
11:07
Speaker 3: they're misusing their influence. You're using your influence for good
11:11
Speaker 3: to help people using your platforms. We see you on
11:14
Speaker 3: social media, we'll hear you on the radio. And the
11:17
Speaker 3: last time I was on the radio with you, they
11:18
Speaker 3: were several guys from Houston. They came and they said,
11:21
Speaker 3: we came because mister McDonald told us to come here.
11:26
Speaker 3: They flew, he flew his It was like maybe ten
11:29
Speaker 3: of them, and one guy flew in with his son,
11:32
Speaker 3: his twenty seven year old son. They haven't talked in years. Wow.
11:37
Speaker 3: And they got on a plane together. They traveled together,
11:40
Speaker 3: which was monumental. They came to the meeting and they
11:42
Speaker 3: got what they needed, and they came because of your influence.
11:47
Speaker 3: That's just a small part the things that you've been
11:49
Speaker 3: doing with all these celebrities for all the all of
11:52
Speaker 3: these years. Man, we thank God for that, but we
11:54
Speaker 3: think even God even more for the little things that
11:58
Speaker 3: you've done for men and women over the year to
12:00
Speaker 3: show us that you care, and that is worthy of
12:02
Speaker 3: an honor. And I can't wait to stand you in
12:05
Speaker 3: front of hundreds and hundreds and hundreds of men to
12:08
Speaker 3: give you your flowers as an example to how other
12:11
Speaker 3: men should live their lives. And that's why we're honoring Wow.
12:14
Speaker 4: You know, I grew up with six sisters, you know,
12:17
Speaker 4: and they made this man. You know, they their four
12:21
Speaker 4: older sisters. I was a middle child. So that blessing
12:24
Speaker 4: is from their hard work making me respectful.
12:28
Speaker 1: You know.
12:28
Speaker 4: I always tell people my I didn't other curse words
12:31
Speaker 4: until I was nineteen years old, because that was you know,
12:35
Speaker 4: and because I was afraid my dad.
12:37
Speaker 1: You know, my dad said, hey, what'd you say?
12:38
Speaker 3: Boy?
12:39
Speaker 1: And so I'm old school okay, you know.
12:43
Speaker 4: And so when I think about what is happening with
12:46
Speaker 4: this particular honor, it's more so about me being able
12:50
Speaker 4: to share my emotional values with individuals who attend this event.
12:55
Speaker 4: And that's the key really that I get to be
12:59
Speaker 4: able to take the time like I said. You know,
13:02
Speaker 4: I didn't really, you know, because I'm just like I said,
13:05
Speaker 4: I'm a grinder, Ladies and gentlemen. I just sit down
13:07
Speaker 4: and I just do. And then when I started doing
13:09
Speaker 4: my research on the event and what they was trying
13:12
Speaker 4: to do, how can I not be there doing my part,
13:16
Speaker 4: doing my part? Who if anybody shows up, if anybody
13:20
Speaker 4: flies into town.
13:21
Speaker 1: I gotta be there. I gotta be there. And then
13:23
Speaker 1: my boy Less Brown talking too.
13:24
Speaker 3: Come on, now, yes, we're excited about Les Brown coming.
13:29
Speaker 3: He's excited. I was with Less a few days ago,
13:31
Speaker 3: we were downtown together, and he's excited to see you
13:35
Speaker 3: again as well. And you know, he said something that
13:37
Speaker 3: was very key, and he said, he's only done one
13:40
Speaker 3: other men's conference. Now this is Less Brown right in
13:43
Speaker 3: his entire career, and that was a man power with TDJS.
13:47
Speaker 3: He says, He says, this is only the second time,
13:49
Speaker 3: and it's a lustless career of speaking of almost sixty years.
13:54
Speaker 3: And so he's got something to say to us men
13:58
Speaker 3: to make us more solid and for you and him
14:00
Speaker 3: to be in the room together, boy, and you talk
14:03
Speaker 3: about power So if there's anything that we can do
14:07
Speaker 3: to serve you, to serve the men, I don't know
14:09
Speaker 3: what else we can do, because we want these men
14:12
Speaker 3: to come and we're learning from Here's what I call
14:15
Speaker 3: h and you're you're one of these people, fathers of
14:18
Speaker 3: the faith. You're you burst many of them than many
14:23
Speaker 3: many many of you fathered us without even knowing that
14:25
Speaker 3: You've got sons all over the place, and it's important
14:28
Speaker 3: that the son honors a father.
14:30
Speaker 4: While we can I appreciate that, I can't even respond
14:33
Speaker 4: to that. I just know that this event has always
14:36
Speaker 4: had incredible global leaders, as is John Maxwell, TDJ, Scruffle
14:40
Speaker 4: Dollar Dale Browna, that's my buddy right there. And the
14:44
Speaker 4: fact that it's just not going to be there. I know,
14:47
Speaker 4: Ran Hudson, that's my man, Chess King gonna be there.
14:50
Speaker 4: A lot of incredible people going to be there being
14:52
Speaker 4: honored on this night and this weekend, you know, and
14:55
Speaker 4: Marcus Benjamin, William Murphy, doctor Sam Chid, Luther Ragsdale's so
15:01
Speaker 4: many incredible people that you selected for this event. But
15:05
Speaker 4: the bottom line is that when we come back, I
15:07
Speaker 4: want to get into that generational wealth. You know that
15:10
Speaker 4: that whole thing you know you almost shut down my
15:13
Speaker 4: show last time you was on here.
15:14
Speaker 1: People calling me from Houston. How I get I was
15:16
Speaker 1: calling you?
15:17
Speaker 3: Man?
15:17
Speaker 4: When you return them phone calls? When we come back,
15:20
Speaker 4: we go here. He's the he's the founder, promoter, producer
15:24
Speaker 4: of Kings and Priests, an event I will be honored
15:26
Speaker 4: a bit more importantly, great financial advice from doctor Robert Rotkins.
15:31
Speaker 4: When we return to Money Making Conversation Masterclass, We'll.
15:40
Speaker 5: Be right back with more Money Making Conversations Masterclass with
15:44
Speaker 5: rough Shawn McDonald.
15:45
Speaker 6: HBCUs represents Black excellence. If you attend or are an
15:49
Speaker 6: alumnus of an HBCU, we want to hear about your story.
15:53
Speaker 6: The My HBCU Story Digital Library will allow current HBCU
15:58
Speaker 6: students and alumni to share their stories. More information is
16:01
Speaker 6: available at HBCU College Day dot com. You can upload
16:05
Speaker 6: a photo. The photo can be recent or from when
16:08
Speaker 6: you attended your HBCU. More information is available at HBCU
16:13
Speaker 6: College Day dot com.
16:16
Speaker 5: You are now tuned into the Money Making Conversations Minute
16:19
Speaker 5: of Inspiration with Rashawn McDonald.
16:22
Speaker 7: Following Tameron Hall's bittersweet exit from NBC Today Show more
16:25
Speaker 7: than two years ago. A lot of people wrote her
16:28
Speaker 7: off and some said it was a mistake to leave
16:30
Speaker 7: the show. Well, Tameron Hall has overcome the odds and
16:33
Speaker 7: now hosts one of the hottest shows in daytime talk.
16:36
Speaker 8: Most important to me and for me is that folks
16:39
Speaker 8: who are at home launching know what they're getting. They're
16:42
Speaker 8: getting a real conversation. I hope they're getting smart questions.
16:45
Speaker 8: We are looking for substantive ways to make our lives
16:48
Speaker 8: better as people, as parents. The human experience is a
16:52
Speaker 8: common thread. At the end of the day. I don't
16:55
Speaker 8: want someone keeping me from my dream. I don't want
16:57
Speaker 8: someone you know, standing in my way. I want inspiration.
17:01
Speaker 8: I want to be a better wife, I want to
17:02
Speaker 8: be a better daughter, I want to be a better mom.
17:05
Speaker 8: And so that's a big part of what we talk
17:07
Speaker 8: about on our show.
17:09
Speaker 7: If you want to hear this full interview with Tameron Hall,
17:12
Speaker 7: visit Moneymaking Conversation dot com.
17:14
Speaker 1: Keep winning.
17:16
Speaker 5: Now let's return to Money Making Conversations Masterclass with Rashaan McDonald.
17:21
Speaker 4: Welcome back to Money Making Conversations Masterclass. I'm talking to
17:24
Speaker 4: doctor Robert Watkins his event. If you want more information,
17:28
Speaker 4: it's Kings ekeww dot Kings Inc.
17:31
Speaker 1: Dot com.
17:31
Speaker 4: It's ki n K I n GS Inc dot com
17:35
Speaker 4: for more information about the event that happening in October
17:38
Speaker 4: twenty seventh and twenty eighth as an event that's honoring
17:41
Speaker 4: and supporting men and walking us through various steps of
17:46
Speaker 4: being able to make a better life for ourselves. Because
17:49
Speaker 4: once you make a better life for yourself, then you
17:50
Speaker 4: make a better life for your family and the people
17:52
Speaker 4: around you. Doctor Robert Watkins, let's get on to the
17:55
Speaker 4: financial end of a conversation that always seems to turn
17:59
Speaker 4: up the phone dolls when you come on the show.
18:01
Speaker 4: Where do you get your information about financial success?
18:05
Speaker 3: Well, we've got mister Luther Ragsdale that is coming to
18:09
Speaker 3: Kingston Trees. He has bought, sold, and managed over two
18:12
Speaker 3: billion dollars of real estate before age forty, and he's
18:17
Speaker 3: coming to share about how he did what he did.
18:20
Speaker 3: That's billions with a bee, and he did it in
18:24
Speaker 3: real estate. And so I always tell people everybody's not
18:29
Speaker 3: cut off cut out to be an entrepreneur, but everyone
18:32
Speaker 3: is cut out to be an investor. What does that
18:34
Speaker 3: mean taking the money you have and investing it in something?
18:38
Speaker 3: The question is what should we be investing our money?
18:41
Speaker 3: In right now, we should be investing our money in
18:43
Speaker 3: anything that God has made, anything like gold, silver, real estate, oil, commodities, food,
18:51
Speaker 3: anything that is in its raw material is going to
18:55
Speaker 3: appreciate when the economy gets economy gets bad, and the
18:59
Speaker 3: economy is going to get tougher, it's going to get darker.
19:03
Speaker 3: And so what we do is advise people. I don't
19:05
Speaker 3: care if you have one hundred dollars, I don't care
19:07
Speaker 3: if you have five hundred dollars. What if you have
19:08
Speaker 3: at the end of the month, before you spend that
19:11
Speaker 3: money on a dinner that you're just going to kind
19:14
Speaker 3: of burp and it's going away, before you spend that
19:17
Speaker 3: money on shoes, call Robert Watkins and let's grow that
19:20
Speaker 3: money that that hundred dollars to five hundred dollars to
19:23
Speaker 3: one thousand dollars to one hundred thousand dollars to a
19:26
Speaker 3: million dollars, maybe over four or five years. We can
19:29
Speaker 3: show you how to do that and do it safely
19:32
Speaker 3: with very little risk, because it's up to us to
19:36
Speaker 3: build generational wealth. The bank is not going to tell
19:38
Speaker 3: you how to build generational wealth. They're going to tell
19:41
Speaker 3: you how to get in debt to get a car,
19:43
Speaker 3: or how to get in debt to get a help.
19:44
Speaker 3: They're not going to tell you how to build generational wealth.
19:47
Speaker 3: That's our responsibility, and so we're bringing all these people
19:50
Speaker 3: together to help do that. But if you can't make
19:53
Speaker 3: the conference, you need to give us a call, and
19:56
Speaker 3: we don't care what you have. Just have a little
19:58
Speaker 3: bit of discipline to follow the instructions. We've set people
20:03
Speaker 3: up to own bed and breakfast and restaurants and hotels
20:07
Speaker 3: and motels and set companies anything that has been making money.
20:12
Speaker 3: We've been a part of it. And we have our
20:14
Speaker 3: own financial company as well to help move you along
20:16
Speaker 3: a little bit further in life. You know, you have
20:18
Speaker 3: to have an advisor.
20:20
Speaker 4: Right because that's the whole thing is that you know,
20:22
Speaker 4: I went through life and I've done a lot of things,
20:24
Speaker 4: but I never had advisor that I trusted. I'm gonna
20:27
Speaker 4: be honest with you, and that's the key word right there.
20:29
Speaker 4: I have people in my financial planners, but I don't
20:31
Speaker 4: know if I trust you, because guess what, you really
20:34
Speaker 4: have to be patient. You have to understand the long run,
20:38
Speaker 4: you know, like you know, like I said, compound and interest,
20:41
Speaker 4: that was the word I never understood, and then my
20:43
Speaker 4: wife said that that's been around forever.
20:45
Speaker 1: I just looked that though, okay, thank you, thank you.
20:49
Speaker 4: Let me realize I could have put something in thirty
20:51
Speaker 4: years ago and we wouldn't need talking to nobody right
20:54
Speaker 4: now because that. But because you hear about stock, you
20:57
Speaker 4: hear about all. But there's simple processes that the bank
21:00
Speaker 4: won't tell you about. Why is it that we go
21:04
Speaker 4: to these banks? Let me ask you this, doctor, Robert Watkins,
21:08
Speaker 4: how should we approach going into a bank?
21:11
Speaker 1: Should we do some things differently?
21:12
Speaker 4: Or you just won't win going into a bank trying
21:15
Speaker 4: to get financial success.
21:17
Speaker 3: Well, first of all, you have to understand the purpose
21:20
Speaker 3: of a bank is not to make you money. The
21:23
Speaker 3: only thing a bank can do at this point is
21:25
Speaker 3: cash my check. The bank is in I was going
21:30
Speaker 3: to cuss the bank is in the business of taking
21:33
Speaker 3: people's money and using it to loan to other people.
21:38
Speaker 3: That's the whole purpose of the bank. So I told
21:42
Speaker 3: a group of pastors this morning, I was I was
21:44
Speaker 3: ministering in black churches bring in nineteen billion dollars a month,
21:49
Speaker 3: I mean nineteen billion dollars a year. Right, But the
21:53
Speaker 3: reason why we don't feel it reason why we're not
21:55
Speaker 3: sending kids to college and building facilities to the elderly.
21:59
Speaker 3: The reason why we don't fill nineteen billion dollars in
22:01
Speaker 3: Black America, it's because it's strapping thirty billion dollars in debt.
22:07
Speaker 3: So when you have a debt mindset, like there's a
22:11
Speaker 3: better way to get a house other than you just
22:13
Speaker 3: getting Alan for thirty years. There's a better way of
22:16
Speaker 3: you getting a part other than getting Alan for seven years.
22:20
Speaker 3: The cars don't even number worth anything after five years.
22:23
Speaker 3: So it's our mindset and approach to it. And so
22:27
Speaker 3: your approach to bank should be I have money, I
22:30
Speaker 3: have a vision. You need what I have. I don't
22:34
Speaker 3: need you, you need me. And so the mindset is,
22:38
Speaker 3: I'm doing your favor by putting my money in your
22:41
Speaker 3: bank and so for that and I'm doing it consistently.
22:45
Speaker 3: If I have a job, You're bringing a lot of
22:48
Speaker 3: power to an entity that is acting like it doesn't
22:51
Speaker 3: need you, and it does need you. And so the
22:54
Speaker 3: first thing we have to understand is it is the
22:57
Speaker 3: mindset of you have the power. Second, maybe you mentioned
23:01
Speaker 3: compound and interests. Einstein said that is the great money multiplier,
23:05
Speaker 3: and it really is and that is something that we
23:09
Speaker 3: all need to learn. And that is something that that
23:12
Speaker 3: is putting your money to work. As I said earlier,
23:14
Speaker 3: everybody's not cut out to be an entreneur, but everybody's
23:16
Speaker 3: cut out to be an investor. You need to educate
23:19
Speaker 3: yourself on compound and interests and find out which entities,
23:24
Speaker 3: which banks, or which investment banks, which dots have that
23:28
Speaker 3: type of mode, that type of strategy to put your
23:34
Speaker 3: money to work. Because money makes a terrible, terrible boss,
23:37
Speaker 3: but it makes a great employee. So we have to
23:41
Speaker 3: talk about how can I put this five hundred dollars
23:44
Speaker 3: to work? And we have strategies to do that. So
23:50
Speaker 3: a savings account, it doesn't make sense for you to
23:53
Speaker 3: have a savings account with one thousand dollars in it
23:56
Speaker 3: and you have a credit card with ten thousand dollars
23:59
Speaker 3: on it. It account is giving you one percent interest
24:02
Speaker 3: as the credit card has twenty three percent interest rate
24:05
Speaker 3: on it. It makes no sense keeping a thousand dollars there, right,
24:09
Speaker 3: take a thousand dollars all the savings account and pay
24:12
Speaker 3: off and put it towards that that credit card. It's
24:15
Speaker 3: just small things like that that can help you build wealth,
24:18
Speaker 3: And it was the last thing I will say. The
24:19
Speaker 3: end goal can't be making money. The end goal has
24:23
Speaker 3: to be building wealth. There's a difference. The wealth is
24:28
Speaker 3: is anything that can be handed down from generation to generation.
24:32
Speaker 3: That should be our mindset. Nobody's gonna want your beat
24:35
Speaker 3: up jellopey card, and when you die, nobody's even gonna want,
24:39
Speaker 3: you know, your red bottom shoes, your thirty two inch weaves.
24:42
Speaker 3: Nobody's gonna want any of that stuff that's not wealth.
24:45
Speaker 3: So the issue is what can I leave behind for
24:49
Speaker 3: my children? And that's what I need to work on.
24:52
Speaker 1: Wow.
24:52
Speaker 4: You know, one of the things that thank you for
24:54
Speaker 4: that advice. One of the things that when we talk
24:56
Speaker 4: about financial security at the event, you'll be taken dealing
25:00
Speaker 4: with men's, especially black men's mental health. And I remember
25:05
Speaker 4: when I first got my first writer's job back in
25:08
Speaker 4: ninety three on Men and the Boys. It was starring
25:10
Speaker 4: Steve Harvey, and every Friday they were white, they would
25:15
Speaker 4: go to a therapist and I just didn't understand why
25:18
Speaker 4: these white dudes kept going to these therapists. But that's
25:22
Speaker 4: you know, that's the number of years ago we talked
25:24
Speaker 4: about thirty years ago, where I saw this process being
25:30
Speaker 4: played out at a job. It was accepted in Hollywood
25:33
Speaker 4: that this was fine. And the black community still is
25:37
Speaker 4: denying the stress. And we're born in the stress because
25:40
Speaker 4: of the color of our skin, the way we're being
25:41
Speaker 4: serious type. So we live a stressful life, but we
25:44
Speaker 4: are not seeking out mental support. Why is that and
25:47
Speaker 4: how it's being made available at the event.
25:51
Speaker 3: Well, it's still made available because one of the major
25:54
Speaker 3: issues is emotional insecurity is what I call it, and
25:59
Speaker 3: other communities understand. If I don't keep my life together,
26:02
Speaker 3: I'm going to be poor. If I don't keep my
26:04
Speaker 3: mirrorge together. If I don't if I don't keep my sanctity,
26:08
Speaker 3: if I allow stress to overtake me, it's going to
26:10
Speaker 3: ruin my health. It's going to ruin my capacity to
26:13
Speaker 3: make money, my capacity to be productive. If I shut
26:17
Speaker 3: down and I start shutting other things that are important
26:20
Speaker 3: to me down, like my children and my family. If
26:23
Speaker 3: I start shutting down, I'm going to I'm not going
26:26
Speaker 3: to be any good to anybody. So you're part of
26:29
Speaker 3: your prosperity and your financial plan has to be emotional holeness.
26:34
Speaker 3: So that's why guys on Wall Street, who's on tremendous,
26:37
Speaker 3: tremendous pressure go to these therapists. That's why pastors do it,
26:42
Speaker 3: That's why business leaders do it. I do it, my
26:44
Speaker 3: wife does it. We're very successful and we do something
26:48
Speaker 3: called marriage maintenance. I look forward to those sessions. It's great.
26:52
Speaker 3: It's keeping me on track, and it's keeping my language
26:55
Speaker 3: on track's keeping my vision focus, it's keeping me focused.
26:59
Speaker 3: So it's allowing me to be present with my daughters.
27:01
Speaker 3: Has allowing me to be present with my mother does
27:03
Speaker 3: allowing me to be present even on this phone call.
27:05
Speaker 3: And I have a lot of things going on right now,
27:08
Speaker 3: but what keeps me focused is those therapy sessions in
27:12
Speaker 3: keeping me emotionally hall. So the question is why don't
27:15
Speaker 3: more of us do this? Because we're afraid. We're afraid
27:19
Speaker 3: to ask for help. We're afraid to say, you know what,
27:22
Speaker 3: I'm scared. I'm scared of losing my life. I'm scared
27:27
Speaker 3: of losing my house. I'm scared of losing my job.
27:29
Speaker 3: I am scared, and there's nobody I can talk to.
27:34
Speaker 3: That's the money you should pay to go see someone
27:37
Speaker 3: like doctor Tart, who's going to be at Kings and
27:38
Speaker 3: Priests and he's going to help you get through that.
27:41
Speaker 3: And that's a part of that whole unity thing. It's
27:43
Speaker 3: not just about making money, it's about keeping your life together,
27:46
Speaker 3: building wealth so you can leave something for this next generation.
27:50
Speaker 1: Wow.
27:51
Speaker 4: As we close out, the tickets are complimentary for the
27:54
Speaker 4: Kings and Priest event which is October twenty seven, twenty eight.
27:57
Speaker 4: As we wrap it up, just tell everybody exactly what's
28:00
Speaker 4: going down at the event and why. Men men who
28:04
Speaker 4: want information, men who want to be inspired, men who
28:06
Speaker 4: want to discuss financial wealth, generational wealth, men who want
28:10
Speaker 4: to be in a position to really tap into mental wholeness,
28:13
Speaker 4: mental strength, and mental values they were carriative to the
28:16
Speaker 4: next level. Tell us about the event as we wrap
28:18
Speaker 4: up the interview and it thank you sir for coming
28:20
Speaker 4: on my show, Money Making Conversation Master Class.
28:23
Speaker 3: Well, it's always a pleasure to talk to a father
28:25
Speaker 3: in the safe. You know. The reason why this is
28:27
Speaker 3: so important is because men we need each other. One
28:31
Speaker 3: of the big studies right now that's happening in this
28:33
Speaker 3: economy is that men are facing loneliness. And when you're lonely,
28:38
Speaker 3: when you're by yourself, you feel like nobody understands. It's
28:41
Speaker 3: just a really, really difficult place to be, but I
28:44
Speaker 3: believe that every man and every woman that's listening here,
28:46
Speaker 3: you have a vision, you have a purpose, there's something
28:48
Speaker 3: greater you're supposed to be doing, and we're going to
28:51
Speaker 3: help men just do just that. You're going to be
28:52
Speaker 3: a better father, a better husband, a better lover to
28:55
Speaker 3: your wife. You're going to be present in all your things,
28:58
Speaker 3: and you're going to be uber successful by mister McDonald,
29:01
Speaker 3: and that's what we want from them. And we believe
29:04
Speaker 3: that when the head gets in place, the man gets
29:06
Speaker 3: in place in our homes, in our community, everything else
29:09
Speaker 3: begins to flow. Money flows, love flows, life flows, happiness, smiles.
29:14
Speaker 3: You make your mama proud, you make God crowd, and
29:17
Speaker 3: that's exactly where we want you to be. So October
29:20
Speaker 3: twenty seventh and twenty eight Kingsinc. Dot Com. It is complementary,
29:24
Speaker 3: but we also have some VIP tickets available as well
29:26
Speaker 3: from one forty nine and we look forward to meeting
29:29
Speaker 3: everyone there.
29:30
Speaker 4: My friend, thank you for coming on the show Kingsink
29:32
Speaker 4: dot com doctor Robert Watkins, and I appreciate again let
29:35
Speaker 4: everybody know thankful for you honor me at this event.
29:38
Speaker 5: We'll talk soon, sir, Thank you, thank you for joining
29:43
Speaker 5: us for this edition of Money Making Conversations Masterclass. Money
29:47
Speaker 5: Making Conversations Masterclass with rough Shan McDonald is produced by
29:51
Speaker 5: thirty eight fifteen Media Inc. More information about thirty eight
29:55
Speaker 5: fifteen Media Inc. Is available at thirty eight fifteen media
29:59
Speaker 5: dot com. And always remember to lead with your gifts