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Rashaun Williams Full Interview · The Steve Harvey Morning Show

0:00
Speaker 1: My next guest. As an international acclaimed thought leader on
0:02
Speaker 1: emerging technology companies, he has been engaged in over one
0:06
Speaker 1: billion dollars transactions. That's a lot of money. Please welcome
0:12
Speaker 1: to moneymaking Conversation. Rashawn Williams. Thank you very much. I
0:19
Speaker 1: never thought I would be talking to someone with my
0:21
Speaker 1: exact same name spelled so differently. And I mean, here's
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Speaker 1: the fun thing about I was in the struggle how
0:29
Speaker 1: you saying that? How you said, it's just like your name.
0:32
Speaker 1: It's just like your name exactly, and we have the
0:37
Speaker 1: same beard. I basically want to be like Mr Weed.
0:43
Speaker 1: You got hair on your head, so hey, we got
0:45
Speaker 1: a separate the la. You still your dormly got some
0:49
Speaker 1: mo top your black hair. Holding on. My brother, I
0:52
Speaker 1: am barely holding on. So I'm looking at you and
0:54
Speaker 1: I'm like that backtly where I want to be. I
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Speaker 1: love it. I love I love first gonna thank you
1:00
Speaker 1: for the energy, thank you for coming on my show,
1:02
Speaker 1: and that the purpose of this show is first of all,
1:06
Speaker 1: for you, not for this not to be your only visit.
1:08
Speaker 1: Let's get that clear first, because I think that, uh,
1:12
Speaker 1: this show has been great because it gives individuals who
1:15
Speaker 1: are successful, a voice, a channeler come in and just
1:18
Speaker 1: communicate exactly what they're trying to do. But I did
1:21
Speaker 1: anty restrictions. You know, I'm I'm not over here to
1:23
Speaker 1: charge anybody a fee. I'm not only here to try
1:25
Speaker 1: to having to pop up saying that you know your information,
1:29
Speaker 1: you're gonna get it, gonna be translating into something else
1:31
Speaker 1: where I can make money abound. Money Making Conversation is
1:34
Speaker 1: designed to give people an opportunity to hear successful people
1:37
Speaker 1: talk about the secrets of their success. And the success
1:40
Speaker 1: is many different lanes. Your lane is different from my life.
1:43
Speaker 1: May we may share the same annunciation, but we're two
1:46
Speaker 1: different people. And how it's accomplished our path of success,
1:50
Speaker 1: you know, and and when I when I talk about that,
1:51
Speaker 1: Let's start at the beginning with you. When you were
1:54
Speaker 1: trying to figure out who you were? How did not
1:56
Speaker 1: who you are? Now? I would tell people, you know,
1:59
Speaker 1: sometimes you'll look in your past to find out who
2:01
Speaker 1: you are in order to move forward. When you came
2:04
Speaker 1: out of the college, did you are you doing what
2:06
Speaker 1: you thought you would be doing? You know? No, I'm
2:10
Speaker 1: not um. When I came out of college. I'm from
2:14
Speaker 1: the South side of Chicago. So I'm from a pretty
2:17
Speaker 1: rough neighborhood, and the only thing I knew for sure
2:20
Speaker 1: was that I didn't want to be broke anymore. But
2:22
Speaker 1: I didn't understand anything about finance, anything about investment. So
2:26
Speaker 1: I was running away from something more so than running
2:30
Speaker 1: towards something. So for me, I was just trying to
2:33
Speaker 1: live life in some type of financially free environment as
2:38
Speaker 1: opposed to the restricted environment that I grew up in.
2:42
Speaker 1: So I didn't know it would lead me to here.
2:43
Speaker 1: So I went to the one place that that everybody
2:45
Speaker 1: would go to if they wanted to learn about money,
2:47
Speaker 1: and that's Wall Street. So I left more House College,
2:50
Speaker 1: went to Goldman Sacks and that's when I learned about investing,
2:54
Speaker 1: and all of my clients were billionaires, and I learned
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Speaker 1: how money moved and how people were out there went
3:00
Speaker 1: in and I noticed that our community wasn't a part
3:03
Speaker 1: of it. Absolutely absolutely, And let match you this. We
3:07
Speaker 1: always talked about Wall Street of money. Do you ought
3:09
Speaker 1: to be a participant in Wall Street? Do you really
3:12
Speaker 1: have to? What is having money? How could you be
3:15
Speaker 1: a part of the game action? You know? What? What? What?
3:18
Speaker 1: What allows you to be a participant? How much. Yeah.
3:23
Speaker 1: So according to the government, if you want access to
3:28
Speaker 1: kind of the biggest and and and most profitable investment
3:32
Speaker 1: opportunities and in the private markets, you have to be
3:34
Speaker 1: what we call an accredited investor. And accredited investor is
3:38
Speaker 1: somebody that makes over two hundred grand a year or
3:40
Speaker 1: whose network is more than a million dollars. So those
3:44
Speaker 1: investors get access to the fastest growing private companies, which
3:48
Speaker 1: is how most people are making all the money. After
3:51
Speaker 1: a company goes public and it's a little safer, but
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Speaker 1: that's when the average investor, your mom and pop gets
3:57
Speaker 1: access to it. But by that time it's slowed down
4:00
Speaker 1: a little bit in terms of growth and uh and
4:02
Speaker 1: and the profit margins are are still there, but it's
4:05
Speaker 1: just not growing as quickly as possible. So in our
4:08
Speaker 1: world is divided by accredited investors and non accredited investors.
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Speaker 1: But Wall Street is really dominated by the big institutions.
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Speaker 1: So all of the painting funds, all the insurance companies,
4:19
Speaker 1: they have a trillion dollars, they have billions of dollars,
4:23
Speaker 1: and they're the ones that are making all of the
4:25
Speaker 1: big investments. And most people's retirement accounts are held with
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Speaker 1: those firms. So they're kind of getting into it but
4:32
Speaker 1: through someone else. Right, And so this is important because
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Speaker 1: first of all, what I don't do the show is
4:38
Speaker 1: advised people where to put their money. I just talked
4:41
Speaker 1: in general because because people will hold you accountable. Were
4:44
Speaker 1: you told me? Was sure that stocked with the where
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Speaker 1: to go? But I put my mama money in there,
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Speaker 1: my mom, not my daddy money, My mama money in there.
4:53
Speaker 1: You know what I'm saying is the cover of the
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Speaker 1: faux pause. So we were talking like, it's just when
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Speaker 1: I invest I've always been a nervous investor. I got
5:04
Speaker 1: like maybe like and aggressive and the rest is a
5:08
Speaker 1: conservative but they're they're there's certain age groups and where
5:12
Speaker 1: you should be aggressive because you can recover. And then
5:15
Speaker 1: can you break down that little age group conversation about
5:17
Speaker 1: how you can look at So what's interesting, and you're
5:23
Speaker 1: the money moves guy, your investment philosophy is exactly what
5:27
Speaker 1: billionaires do. So billionaires mostly put um a big chunk
5:32
Speaker 1: of it. Let's say, you know, fifty in something very
5:37
Speaker 1: conservative like bonds, right where they can generate some income.
5:39
Speaker 1: But then they go all the way on the other
5:42
Speaker 1: end of the respectrum and go to risky stuff like
5:44
Speaker 1: private equity where they can double and triple their money.
5:47
Speaker 1: So your investments a lot for you, exact same as
5:49
Speaker 1: the billionaires on Wall Street. But what the average American
5:53
Speaker 1: does is if you're anywhere between you know, five years
5:58
Speaker 1: to ten years out from retirement, most of your money
6:02
Speaker 1: should be held in stocks, and quite frankly, the SMP
6:06
Speaker 1: five hundred, you'll get on average ten percent returns every
6:10
Speaker 1: years in the average for the last one hundred years.
6:13
Speaker 1: Sometimes it's up, sometimes it's down. If you are one
6:16
Speaker 1: to five years from retirement, you want to be in
6:19
Speaker 1: mostly bonds because it's safer, right, and it's not as volatile,
6:23
Speaker 1: and you'll be able to get your money back you
6:25
Speaker 1: know exactly how much, you know when. But in stocks
6:27
Speaker 1: it's gonna go up and down every year. You don't
6:29
Speaker 1: want to have that volatility when you're getting ready to retire, right.
6:33
Speaker 1: So the average allocation for someone who is five years
6:37
Speaker 1: removed from retirement or more, it's mostly stocks. Five years
6:41
Speaker 1: or less it's mostly bonds, and then as you get
6:43
Speaker 1: closer to retirement, it kind of goes more, you know,
6:47
Speaker 1: towards bonds away from stocks. Absolutely. The thing about is
6:51
Speaker 1: that down do you look at. We just have the
6:54
Speaker 1: general conversation, not trying to pin you down on any day.
6:56
Speaker 1: We're just talking about different ways I've done my money
6:59
Speaker 1: and I still do my money. I've looked at the
7:02
Speaker 1: insurance policies. What are your thoughts on those? Just your thoughts,
7:07
Speaker 1: not puning you down, because a lot of people come
7:09
Speaker 1: to different ways to say, what can I do with
7:11
Speaker 1: my money? Where should I put my money? Yeah? So
7:18
Speaker 1: so um first and foremost, I'm not a financial the biser.
7:21
Speaker 1: I'm a venture capitlist invest in tech company. The world
7:24
Speaker 1: I live in is like investing in Airbnb and modify,
7:29
Speaker 1: terriss and lifts uber and stuff like that. But you know,
7:32
Speaker 1: but you know, but you know, Mr Willives, you could
7:34
Speaker 1: just say, crazy question I'm getting so as they say investing, Yeah,
7:37
Speaker 1: that's all they I know. Excuse me, excuse me, money mane,
7:41
Speaker 1: money mane. But I do think people should have diversification,
7:48
Speaker 1: and that's in the form of insurance. Have some bonds,
7:51
Speaker 1: have some stocks, have some private equity, own some restaurants,
7:55
Speaker 1: own some real estates. Right, So if you look at
7:58
Speaker 1: a diverse portfolio, you don't to put all your eggs
8:00
Speaker 1: one back the most important investment philosophy is diversification. The
8:04
Speaker 1: most important investment strategy is cell high. If you from
8:09
Speaker 1: the streets, you already know about that anyway, I mean
8:11
Speaker 1: to tell nobody about that. But by a little cell
8:13
Speaker 1: high strategy, diversification philosophy, you have to have a little
8:18
Speaker 1: bit of all of these things. Now, you know. I'm justaing.
8:22
Speaker 1: I was blown away by your bio. That was the
8:25
Speaker 1: who and then I got down cap appaside Sma Maga
8:34
Speaker 1: Man asked, oh my goodness, I have on my show.
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Speaker 1: But I was blowing away by his rest that's all. No, y'all, yeah, man,
8:50
Speaker 1: you know we're all a part of the divine. It's
8:53
Speaker 1: the thing about uh sir, I want to talk about
8:58
Speaker 1: because you come from an hbc YOU school and a
9:01
Speaker 1: lot of people you know, see you do have what
9:06
Speaker 1: pride do you have? Which is success that you have
9:09
Speaker 1: achieved coming from HBCU school. Oh Man, So more House
9:14
Speaker 1: was only school I applied to. And I drove my
9:18
Speaker 1: four Mustang seven and fourteen miles from Chicago to Atlanta
9:22
Speaker 1: August the seven, and I applied to more House. I
9:27
Speaker 1: was the first person to apply and he accepted me
9:29
Speaker 1: on the spot because it was my only option. I
9:32
Speaker 1: wanted to go to a school that specifically trained black
9:35
Speaker 1: men to be leaders in their community, and there was
9:38
Speaker 1: no one else who had that in their mission statement.
9:40
Speaker 1: So I knew what I needed was some type of accelerator,
9:44
Speaker 1: some type of incubator that can take me which is
9:47
Speaker 1: just raw clay from the hood, that had potential, that
9:50
Speaker 1: was smart, but was just straight up from the block.
9:53
Speaker 1: And I needed to learn basic stuff like how to
9:55
Speaker 1: put on a suit, how to tide tie, how to
9:57
Speaker 1: eat at a dinner table, how to interview you, how
10:00
Speaker 1: to pause between my first and last name, but the
10:03
Speaker 1: things that you don't learn in the hood, right. So
10:06
Speaker 1: more House helped me get trained in all of those areas,
10:10
Speaker 1: get internships on Wall Street, develop into the man that
10:13
Speaker 1: I am. So I'm very proud of coming out of
10:16
Speaker 1: more House because these a spcus are the only schools
10:18
Speaker 1: that are a safe place for us to be honest
10:21
Speaker 1: with you. So um. And then the network that I
10:24
Speaker 1: have with more House brothers all over the country who
10:27
Speaker 1: are out doing amazing things has really helped accelerate my
10:30
Speaker 1: career as well, the same way other people have that
10:32
Speaker 1: Harvard network or more House network, which is really cool
10:36
Speaker 1: to hear you say. And here's high profile. Now I
10:40
Speaker 1: will admit you from Chicago. Now we all know you
10:42
Speaker 1: came from the cold. I see. Yeah. I love the
10:46
Speaker 1: fact you came south though you knew. Yeah. I won't
10:49
Speaker 1: go to stop. I won't go stop in Indiana. I
10:53
Speaker 1: want to go stop in Tennessee. I'm coming all the
10:56
Speaker 1: way down till i find some heat. Yeah. Right, that's
11:00
Speaker 1: right where my people are from, from Alabama and Mississippi. Absolutely,
11:06
Speaker 1: absolutely working the factories. But son has returned. Absolutely. When
11:13
Speaker 1: we come back, I'm gonna talk more in detail about
11:15
Speaker 1: his his business. His business practices is the whole technology
11:19
Speaker 1: part of his life. And he's an amazing guy. He said,
11:21
Speaker 1: he's a friend that I'm an omega here new and
11:25
Speaker 1: guess what we're friends, divine I on money making conversations,
11:29
Speaker 1: my man, Mr Williams, and I will be right back.
11:31
Speaker 1: Don't go nowhere. I just reshot McDonald. You're listening to
11:35
Speaker 1: money making conversation on the phone. Uh Technology guru in
11:39
Speaker 1: the investment world. Technology guru in the investment world. Uh
11:45
Speaker 1: Rashaun Williams, straight out of Chicago, came down south because
11:49
Speaker 1: he got relatives down here. Because the heat was down
11:53
Speaker 1: here too. Because I spent five years in Chicago in
11:56
Speaker 1: the winter, I'm case something ago make you understand cold?
12:02
Speaker 1: Oh man, did you just give it one cold story
12:06
Speaker 1: before we start talking about your career in Chicago? Come on,
12:09
Speaker 1: Mr Williams. I know I'm calling you Mr Williams on
12:11
Speaker 1: now because I know it's a good So I got
12:15
Speaker 1: a million of them. The one that I remember the
12:17
Speaker 1: most is I was like for sixth grade and it
12:20
Speaker 1: was about a negative thirty degree wind chill, So that
12:23
Speaker 1: means like if the wind touched any part of your skin,
12:26
Speaker 1: you got frost bidden. And I remember my mother putting
12:30
Speaker 1: on the vasoline on my face like I'm getting ready
12:32
Speaker 1: to go fight Mike Tyson or something with the face
12:34
Speaker 1: masks over it, with two three coats on boots, everything
12:37
Speaker 1: like I'm going skin. And the schools still the schools
12:40
Speaker 1: still didn't close, sir. The schools were still open in
12:43
Speaker 1: Chicago with negative thirty degree windshiell and that winter, unfortunately,
12:48
Speaker 1: I remember in the news a woman died because her
12:51
Speaker 1: gasp at her her pipes froze while she was on
12:55
Speaker 1: her knees praying. A woman died in Chicago because he
12:59
Speaker 1: froze to that. So that's what I remember about Chicago.
13:02
Speaker 1: So I couldn't wait to get out of there. Man, Chicago,
13:05
Speaker 1: no joke, I remember too. I was producer Steve Harvey's show,
13:08
Speaker 1: Steve Harvey Talk Show with Chicago, and I only had maybe,
13:12
Speaker 1: like I said, quarter a mile walk and for one
13:16
Speaker 1: day some day it was like about I'd say four degrees,
13:20
Speaker 1: and somehow my right eye decided to water up. No, no, brother,
13:32
Speaker 1: now that hark coming in, just just slap that right
13:35
Speaker 1: eye and they decided left the little water. WHOA. I
13:41
Speaker 1: couldn't get in that building fast enough and felt like
13:43
Speaker 1: I looked glass shield over my eye. It was something like,
13:46
Speaker 1: So I just want to share everybody with about gives
13:48
Speaker 1: a Chicago person on the phone. I would like them
13:50
Speaker 1: to share a cold story because people don't understand. They
13:53
Speaker 1: start complaining by cold down here to south not not
13:55
Speaker 1: not Chicago, and don't even go to the Minneapolis. They
14:00
Speaker 1: got some Siberia over there. Let's talk about let's talk
14:03
Speaker 1: about your money frames. You send me some courtions about
14:06
Speaker 1: how our people can make money and tech investments. Let's
14:09
Speaker 1: talk about this the first course. And I want to
14:10
Speaker 1: start out with you there and tell us about your company.
14:14
Speaker 1: So I'm a general partner at a venture capital firm
14:17
Speaker 1: called Manhattan Vnture Partners, and we invest in late stage
14:22
Speaker 1: tech companies. So late stage means they're already building dollar companies,
14:25
Speaker 1: they're already daring hundreds of millions in revenue, and they're
14:29
Speaker 1: pretty much household names. So it's been working out great
14:32
Speaker 1: for us. You know, in seventeen investment companies like Spotify, DocuSign, list, Pinterests, Postmates, Airbnb,
14:42
Speaker 1: so Fi, Rent the Runway, these names that people already
14:46
Speaker 1: use and already big fans of stuff like draftings and
14:50
Speaker 1: space sex. So what's happening is um Silicone Balley is
14:55
Speaker 1: creating these companies and they're monetizing pop culture and monetizing
14:59
Speaker 1: se eberty. They're monetizing all of the things we should
15:02
Speaker 1: be physically now is software for it. But most of
15:05
Speaker 1: us have been blocked out to having ownership in those
15:08
Speaker 1: companies because we're either not accredited investors or we don't
15:11
Speaker 1: know any vcs that we can invest with. So what
15:14
Speaker 1: I've been doing is, in addition to working with my
15:16
Speaker 1: billion dollar investors, I also open up access to our
15:22
Speaker 1: athletes and entertainers or the people in our community who
15:24
Speaker 1: are accredited investors and help them co invest with with
15:29
Speaker 1: all little winners out here. Right. So, and there are
15:32
Speaker 1: three main categories of tech. I think most people don't
15:34
Speaker 1: don't know this, but the safest category is called late stage.
15:38
Speaker 1: That's the billion dollar companies, right, name a name that
15:43
Speaker 1: got got the spies and the documsigns and the draft
15:46
Speaker 1: keys of the world that I mentioned before, right, So
15:48
Speaker 1: they've already worked billions of dollars. They're private, they're going
15:52
Speaker 1: public in the next one to three years. In fact,
15:54
Speaker 1: Spotify and document sign are both already public, including lists.
15:58
Speaker 1: But the next category under that is growth stage. So
16:01
Speaker 1: think about the favorite company you have that is still private,
16:04
Speaker 1: that's growing in this area, but maybe it's not known
16:07
Speaker 1: nationally or globally. Right, So we have companies like that
16:10
Speaker 1: that are worked between you know, twenty million and two
16:13
Speaker 1: hundred million. That will be the next billion dollar company.
16:17
Speaker 1: And that's it's a little risk here, but it's not
16:19
Speaker 1: as risky as this third category, which is what we
16:22
Speaker 1: call startups for early stage. So that's just someone's idea
16:26
Speaker 1: on a PowerPoint presentation and they need money to get
16:30
Speaker 1: it off. The ground that typically takes seven to ten years,
16:33
Speaker 1: and only one out of ten, maybe one out of twenty,
16:35
Speaker 1: make it, so it winds up being the risky is
16:37
Speaker 1: part of investing in tech as opposed to late stage,
16:40
Speaker 1: which is what we would consider the safest part of
16:43
Speaker 1: investing in tech. So I try to educate people. I
16:46
Speaker 1: do it on my Instagram and social media account, explaining
16:49
Speaker 1: the differences, helping founders raised money, helping the investors make
16:53
Speaker 1: good investments. Now in the process there, So you have
16:57
Speaker 1: to get a track How did you build your track record?
17:01
Speaker 1: You know, it's funny you say that because I have
17:04
Speaker 1: to kind of go two different routes when it comes
17:06
Speaker 1: to trust. So my institutional investors, the billion dollar investors,
17:10
Speaker 1: they care mostly about what you just said, track record.
17:13
Speaker 1: So I started on Wall Street helping billion dollars, you know, companies,
17:18
Speaker 1: while I was at Goldmen, Sack to Why, Kobe and
17:19
Speaker 1: Deutsche Bank. So over a course of a decade, we
17:22
Speaker 1: built trust and I worked at the biggest firms out there.
17:24
Speaker 1: Then once I left and I started investing my own
17:27
Speaker 1: money and becoming a technology investor. Um I would I
17:32
Speaker 1: would just give the answers away to other people and
17:34
Speaker 1: let them invest with me. So I was never soliciting
17:37
Speaker 1: people to invest or necessarily giving advice. I was saying,
17:41
Speaker 1: here's what I'm investing in, and here's why, and I'm
17:43
Speaker 1: willing to educate you if you want to do it
17:45
Speaker 1: as well. And so we all started investing together and
17:48
Speaker 1: making money together. And that's how I eventually launched my
17:51
Speaker 1: first venture capital fund with hip hop artist nots and
17:54
Speaker 1: we called the Queen's Bridge Venture Partners. That's how we
17:56
Speaker 1: all got in business together. I remember that, m M.
18:01
Speaker 1: And So, now as when you talk about athletes, you
18:05
Speaker 1: talk about entertainment, Let's talk about the athletes, because entertainments
18:08
Speaker 1: are that their income comes differently than athletes because athletes
18:12
Speaker 1: it contends to be tied to contracts with a short period.
18:15
Speaker 1: And guess what if they can't play that sport, they
18:18
Speaker 1: really can't generate the income that they are personally are
18:21
Speaker 1: currently getting or make getting the YouTube With entertainers, if
18:24
Speaker 1: you're an artist, you can go on tool, you can
18:26
Speaker 1: drop a label, you can performing a movie, you can
18:29
Speaker 1: you you know, you can television series. There's a lot
18:31
Speaker 1: of different content building ways. How do you approach those
18:34
Speaker 1: different relationships? I just laid out the athlete who we
18:38
Speaker 1: know can get a short term or an amazing amount
18:41
Speaker 1: of money. Sometimes their money is guaranteed, sometimes it's up front,
18:44
Speaker 1: but you know you wanted to be able to last
18:46
Speaker 1: beyond that contract. Those are different conversations to have correct. Yeah,
18:51
Speaker 1: oh my god. Yeah. So the way I approach it
18:54
Speaker 1: is by explaining to athletes and entertainers how billionaires make money.
18:59
Speaker 1: And it's very print then how athletes they entertainers make money.
19:02
Speaker 1: The first thing I say is, if you weren't looking
19:04
Speaker 1: at the tax returns of the top four hundred highest
19:08
Speaker 1: paid people in this country, and these people are all
19:10
Speaker 1: made over a hundred and twenty millions last year, the
19:13
Speaker 1: vast majority of them, let's say more than sixt them,
19:17
Speaker 1: made all of their money off of what we call
19:19
Speaker 1: capital gains, where only you know, four percent of them
19:23
Speaker 1: made it off of wages and salaries. Now, if you
19:26
Speaker 1: look at the athletes and entertainers, the vast majority of
19:29
Speaker 1: them make their money off of wages and salaries. So
19:32
Speaker 1: I said, if you want to be billionaires and invest
19:35
Speaker 1: like the billionaires, you have to have capital gains. How
19:39
Speaker 1: do you get capital gains buying an asset low and
19:42
Speaker 1: selling it high. So most of the billionaires aren't making
19:46
Speaker 1: billions off of a job. They're making billions off of
19:50
Speaker 1: their investment portfolio and the returns that they generate. So
19:54
Speaker 1: I said, we have to start there. I'm not going
19:55
Speaker 1: to give you advice on how to make your next
19:58
Speaker 1: movie or or how to speak rows and get a
20:00
Speaker 1: max contract. You're already good with that. But if you
20:02
Speaker 1: want to take your twenty million to thirty million or
20:05
Speaker 1: forty million, that I can help when it comes to
20:07
Speaker 1: capital gains and investments. So that's what I do. I
20:10
Speaker 1: normally just start explaining, educating them on what those opportunities are,
20:15
Speaker 1: and then breaking down the risk and the return. Right, So,
20:18
Speaker 1: if you were to do a franchise versus a technology
20:21
Speaker 1: company versus the SMP five hundred versus bonds, what would
20:25
Speaker 1: your potential returns look like? How do you find the
20:28
Speaker 1: best opportunities? And here's the best part of the whole thing.
20:31
Speaker 1: The best investment opportunities typically go to two groups. Number one,
20:37
Speaker 1: the top twenty venture capital firms be Andres and Horrow
20:39
Speaker 1: with Sekoia is kind of persons mento. These guys made
20:43
Speaker 1: all the money in tips, but guests who the second
20:45
Speaker 1: group is athletes and entertainers. They can get in any
20:49
Speaker 1: investment opportunity they want just based on their celebrity, and
20:53
Speaker 1: they don't even know about it. How do you help
20:55
Speaker 1: them out? How do you get there? Because I know
20:57
Speaker 1: you did? You have all your Instagram how uh that
21:01
Speaker 1: you do? Uh financial literacy? Just yet talk about that.
21:06
Speaker 1: We have two minutes left. I definitely want to get
21:08
Speaker 1: that out because when you start talking about information, even
21:11
Speaker 1: I am adept and it blows me away. So I
21:14
Speaker 1: want to die people to find out hiking. I also
21:17
Speaker 1: want to get some post for you, so like a periodical,
21:19
Speaker 1: to put it up on my social media to let
21:21
Speaker 1: people know that they can get information from you. Okay,
21:25
Speaker 1: well look, I think the easiest way I get it
21:27
Speaker 1: to them is by speaking to them in our language.
21:31
Speaker 1: The biggest problem is when you have like a sixty
21:33
Speaker 1: five year old white guy who only worked in finance,
21:36
Speaker 1: trying to explain to a twenty three year old black
21:38
Speaker 1: dude from the hood who makes million a year, what
21:41
Speaker 1: even dies and what a kigger is. They don't understand that.
21:44
Speaker 1: So if you speak to them in the language that
21:46
Speaker 1: they understand. If you notice my Instagram post, I'm saying
21:49
Speaker 1: stuff like what do NBA teams, record labels and venture
21:52
Speaker 1: capital firms all have in common? How do you make
21:55
Speaker 1: mailbox money? Right? Like, I'm talking to them in their language,
21:58
Speaker 1: using real life examples, because even though I'm thirty nine,
22:02
Speaker 1: I still prepared myself young and one of them so um.
22:05
Speaker 1: And then the second thing is, I'm actually a practitioner.
22:08
Speaker 1: I do this for a living. This is all I do,
22:11
Speaker 1: except I'm also from the hood. I'm from the South
22:13
Speaker 1: Side of Chicago, and I'm doing and I'm black. You know,
22:16
Speaker 1: the things that helped me to relate to these guys
22:19
Speaker 1: and speak to their language. And then I either to
22:21
Speaker 1: take them on tours the Silicon Valley. I do conference halls.
22:24
Speaker 1: I help them meet with their financial people, their managers.
22:28
Speaker 1: So it's kind of the blocking and tackling on the
22:30
Speaker 1: day to day basis. And and the best part of
22:32
Speaker 1: what I do is I'm able to speak brothers like
22:34
Speaker 1: you get from your platform and help you and your
22:37
Speaker 1: listeners understand what we're doing over here. And then it
22:40
Speaker 1: amplifies what I'm already doing through partnerships like yours. So
22:43
Speaker 1: I'm very happy to be here and I appreciate you
22:45
Speaker 1: guys invited. But first of all, I appreciate. First of all,
22:48
Speaker 1: it cannot be done in one interview, okay, because the
22:51
Speaker 1: information that you're delivering to me and delivering to people
22:54
Speaker 1: on a daily basis, tell them how they can reach
22:55
Speaker 1: out to you, how they can follow you, and all
22:57
Speaker 1: that good stuff. Where we wrap out of here in
22:58
Speaker 1: twenty seconds. Yeah, I'm on Instagram Rashawn underscore Williams. That's
23:05
Speaker 1: unlike you're spelling minus r A S h A U
23:08
Speaker 1: N underscore Williams. And I'm also Rashawn L. Williams dot
23:12
Speaker 1: com and you can see all of the content, all
23:14
Speaker 1: of the events and all of the financial literacy stuff
23:17
Speaker 1: about tech. Alright, my brother, I appreciate you. We're gonna
23:20
Speaker 1: talk soon, okay, and send me that the posters