Welcome to Kaleidoscope, the show where we share
perspectives and growth from around the world
through normal voices. I am Ruby Ray Leo, the
host. This is Luigi, my co -host. And today we
are joined by Jay Adewal, the host of Winner
Circle podcast, where they share inspirational
stories about franchise businesses that are growing.
Roll the intro. Tough questions. Honest answers.
Oh, the messy truth. Your perspectives. Let's
begin. Welcome to Kaleidoscope. Great. So, Jay,
do you want to kick us off today or would you
like one of us to? kick off our perspective first.
Yeah, I want to first say thank you for having
me on the show. You know, just like you said,
my name is J. Adewale. You know, I'm excited
to be here and also share my, you know, my, some
of my insight with the audience today. For those
of you who don't know me, my name is J. You know,
she introduced me already. I'm a host of the
Winner Circle podcast. you know, should I focus
on, you know, businesses, helping them grow,
you know, giving people knowledge on, you know,
the concept of how they can grow their business
and also how to be a great leader. So we have
of tonight people on the show, you know, different
people, especially in the United States. We are
based off of New York City. And also I'm a business
coach. with a passion for helping entrepreneurs
and business leaders reach their full potential.
So that's just all about me in a few seconds.
Thank you for having me. That's awesome. We're
super happy to have you here and for you to be
a business coach and for Kaleidoscope actually
to be a brand new business trying to grow online.
Hopefully we can learn something from you. Yeah,
I don't think we can top his intro. I did the
intro myself! Hello everyone, I'm Luigi and I
hate it when people wait on escalators. That's
my intro for the week. Nobody wants to ask why?
I just can't comprehend why you would go to an
escalator and wait for it to bring you to the
top. In my mind, the point of the escalator is
to just get to the top sooner. Actually, you
know what? I think that you're a warp drive escalator
user because that's how warp drive works. It's
a fact. That's it. Well, if you were to be in
New York right now, when you have to go to like
this 90th floor or something, You have no choice
than to wait for the elevator. You know, we have
like a lot of elevators out here that are very
old, you know, old buildings. You know, like
we're talking about 1970s that it just renovated
the body. But, you know, the mechanics is still
in like the 1980s. So you got to wait. It's kind
of glamorous, though. Elevators, I understand.
OK, because, you know, stationary, everyone goes
and they wait. It goes up. But an escalator,
it's it's a it's stairs and it's moving. And
you don't have to wait. You can walk up and get
there sooner. An escalator. You can't fly. I
know. Sorry. An elevator. You can't fly. But
an escalator, you can walk. Whatever. All right.
Let's not go off on a tangent. You're right.
Let's get into it. Interesting fact on escalators
and elevators Suzhou for a short time. That's
the city where we are Jay Paul they had the fastest
elevator in China at least maybe in the northern
hemisphere it I think it topped the tower the
International Finance Center here in Suzhou in
like 20 seconds. It's a hundred and seventeen
floors So it yeah, it blazes up Do you trust
it enough? Do I trust the elevators? Oh, yeah.
I have no problem. The fastest elevator. You
know how fast that could go. I have no idea.
Too fast. But I'm okay with it. I do not fear
death. Sure. Yeah. However, I do want to live
forever. I don't fear death, but I want to live
forever. Jay, what do you want to share with
us today? I know, but I, yeah. Okay. For me,
I want to share just a little thing. You know,
the world we live in right now, we want to build
something I know best, which is all about entrepreneurship.
and how, you know, people should take note of
important things if they want to grow their business,
you know, want to be an entrepreneur. I just
feel I could say 10 important things all entrepreneurs
should know, which is very, very important. You
know, it's something every entrepreneur, so if
you call yourself an entrepreneur or if you want,
if you're aspiring to be an entrepreneur, because
I know just like, you know, the show you got
started right now, it's entrepreneurship itself.
So thinking about, you know, you want to understand
the market, you know, there are quite a number
of things you need to take a look at, you know,
to build a follower base, not just a follower
base, to build a big brand. And not just only
a big brand, we're talking about also to be profitable
and not just only profitability alone. Also,
which is very key, is so that you can enjoy it.
It doesn't become something you don't like, but
you just have to do just to survive. So because
entrepreneurship should be something that you
are passionate about. It's something that you,
when you're sleeping in the night, you can't,
you know, you can't wait to get started in the
morning. You know, you can't wait for the next
show. You know, you can't wait for the next,
you know, the next cake you want to bake. You
know, you can't wait for the next ride you want
to take, you know, something that just keeps
you going, you know, and that's what I want to
share about entrepreneurship. Yeah. So the business,
the podcasting and this particular podcast is
also going online and it's diversified into commentary
on certain politics related to our personal experiences
and essential storytelling and hopefully to sell
actual physical products. But predominantly everything
is online. So it's very ethereal. How do you
connect that for new businesses personally in
your profession? All right. Thank you for that
question. Talking about going online and doing
things online, you know, I was an advocate. That's
how I got started as a business owner, an entrepreneur.
Before the COVID, you know, before the COVID
get started that, you know, people start switching
online, I was an advocate. One of my main consulting
business I do was to help business transform
from physical to online. You know, a lot of businesses
were really not interested. Like, why should
I go online? What's online? You know, like, for
example, then Walmart really don't need to sell
online. Why do they need to be online? You know?
What's the name? Target. Target doesn't want
to be online. Nobody want to be online because,
you know, let Amazon just make the money online.
We don't care. We want to sell offline. That's
our target market. Then COVID struck. Now, that's
one of the most busiest time for me, even as
a business coach and also a consultant. You know,
we start getting a lot of people that we've reached
out to before COVID, start reaching out to us.
How can I transfer my business online? Stores
were shutting down, restaurants couldn't sell
anymore. You know, then the brick and mortar
did not really matter. because nobody's walking
into the store to come buy food. So now the thought
is, how can we sell to people? That's when Doordash
started making money. Then we started getting
a lot of businesses we've contacted before COVID,
reaching out to us and saying, oh, please, can
you help me transfer my business online? Which
requires a lot. You know, I often do a seminar,
you know, right here in New York. I call it,
how to build your business online. There has
just been a seminar I've been doing for years
right now and it's out to build your business
online. So a lot of people call me in to just
make sure, you know, they get all the things
right. Okay. They just do a check mark. Okay.
Okay. I've done this. I've done this. I've done
that. Then I'm good to go. So what am I trying
to say is we help a lot of businesses. I, as
an individual, I help a lot of businesses, you
know, push that business online and now they're
enjoying the fact. Not because I, you know, even
maybe somewhere in Australia or China, I really
don't, I don't have to be there, right? But the
goal is now the market, the online market is
huge, right? I'm right here in New York city,
right? And I'm having a conversation across the
globe. That's how powerful online has become.
So now let me just quickly, Dive out a little
bit and just quickly touch on one thing or number
one, because I know we have like number 10. So
I just want to talk about number one. When it
comes to 10 things all entrepreneurs should know.
You know, I just want to put a point on that.
You need to understand your market. So if you
want to go online, you want to do whatever you
want to push your business, you need to do a
research. You know, you need to research your
target market thoroughly. And that's one thing
I always tell people, you know, when you want
to set up your business or whatever you want,
you need to understand. You need to understand
your target audience. You know, just like, what's
the name? Winner's Circle. We know our target
audience. We have over 200 ,000 listeners right
now. We have like over, Over, we have like a
lot of email lists that we always blast. Almost
every other time we have a podcast. You know,
we push that. How do we, because we understand
what they need. And they always reach out to
us after the podcast and like, oh wow, I love
who you brought this. We want this person. Or
we would love somebody that can actually talk
in this niche. Then we start, we tell our team,
you know what, help us get this person to come
on the show. We love to have this person on the
show and we push it and push it and push it until
we get it because we understand our market. So
our market is strictly entrepreneurs, business
owners and leaders. So, and also even let's take
out of, let's talk, let's talk about the main
business. You also need to know your pain, the
pain points of your market. So what exactly.
You know, whatever you're trying to sell, what's
the pin point? What does your buyers, your clients,
what do you think they need? You know, living
in New York has taught me a whole lot of things.
You can always come up with ideas that is similar
to somebody's sales, but you can tweak it a little
bit and you will have your own market. You know,
right here in New York, we have like vehicles,
like limo vehicles that actually pick up people
with pets because most drivers, you know, maybe
yellow cab driver, they'll say, no, I don't want
a pet in my car. I don't want her. So now there's
actually a market, you know, somebody thought
of that and say, you know what, why don't I have
something like that? And they have it. And guess
what? You already have that market right now.
They have the market share of people with pets.
And that's They did a good marketing research.
So that's number one. So I'll just let's have
the conversation. Yeah. Yeah. That fascinates
me. I'm not that creative. I'm not that clever
to recognize something like a business and then
change it just a little bit. Was it pet limos?
Delivering pets? It reminds me of my father.
He was like that too. He's not a very good entrepreneur,
but he would do the most bizarre things. At one
time, he invented coffins for pets. Pets that
died. He was a carpenter and made them little
coffins for sale. He created that in our city,
but it never really took up. But then years later,
I know for a fact, people do make things like...
you know, things to bury their pets in. That's
weird. His business was before it's time, for
sure. A lot of my dad's stuff was before his
time, I reckon. Yes, so you know... That's really
fascinating to think of those tiny little tweaks
and it's still like a markedly unique idea that
can, I mean, for some, I guess, make a lot of
money and have a lot of success. I don't think
I could ever do it. Not that, again. Not that
smart. Hmm. So, but I think sometimes things
happen as needed, right? So what I mean as needed
is you can have a great idea, but the idea might
not really work for 2025. The idea might work
for 2028. So now just imagine you have like,
you have, you have like Zoom or you even have
like Zoom as at 2011, it might really not work.
And there are a lot of collaborative tools that
we have right now for remote workers that if
you had that before 2020, it might really not
work as much because people really don't need
it. So sometimes things happen, the world changes.
Or sometimes your product that you are trying
to introduce might be, um, to serve another product.
All right. So for example, let's take a look
at, um, trade and Instagram. So there's some
product like that, that maybe true. Once you
have an Instagram account, for example, you automatically
have a trade account. Maybe you click on it and
it will sign you up. That works, you know, and
there's some, um, Some other like if you have
a Shopify account right now, you there's a way
you can link your Shopify account and you can
link it to all like Walmart Target Plus and every
other platform and automatically they're gonna
integrate to each other and automatically once
you are uploading your product on Shopify as
a platform The your product is going to all these
other platform and when people buy from other
platform it gets your store You know, there's
one client we did that to for and automatically
before they were selling on Amazon. They were
selling on Amazon and it got to a point, um,
a lot of people were doing returns because you
have, you know, that's one of the major problem
here. A lot of people can just, you know, order
something on Amazon where for three days I return
it. They really don't care. So it kills a lot
of businesses for, you know, especially if it's
a small business and they keep getting returns
and it was getting too much. And they say, you
know what? We don't want to work with Amazon
anymore. and they opened their own store and
they connected with Walmart Plus, Target Plus,
they connected with all the eBay and every other
into one store. They were making a certain amount,
let's just say a certain amount, 100, right?
For example, $100 ,000, right? When they connected
every other platform, they connected Etsy and
this other platform. Connecting their product
to those platforms automatically make them have
times four, making $400 ,000 of how much they
will have make under $1 ,000 because now the
reach is now bigger. You know, maybe somebody
is surfing on Amazon, sorry, surfing on eBay,
they saw their product. Somebody is surfing on
Target, they see the product because now people
are even lazy right now. Nobody want to go to
the store anymore. Yeah, nobody really want to
go to the store. Just go online, two clicks.
and you get what you want. You know, you don't
want to go to the store, working about, working
about. And that's one thing that a lot of people
have learned. You know, that whatever you are
trying to build, just understand there's time
for everything. So don't build something right
now and just throw up the curtain and say, you
know what? I think this thing cannot work. Yeah,
sometimes it might take years. Unfortunately,
not every entrepreneur is ready for that. But
like I said, while you're like the, the founders
of, um, um, what's her name? And Airbnb at some
point, they post, they were doing something else.
Then later they came back to Airbnb. So it's
fine. If it's not working well, probably introduce
a little, a smaller product and you can still
push the product while you still have the main
goal. You never can tell. Back burner. That's
a really like it's a really positive way of thinking
about business and entrepreneurship because I
think a lot of people, you know, if something
doesn't work, they don't think it's just not
the right time. They think it doesn't work. I'm
a failure. It's not a good idea. Yeah, I think
that's really insightful about about time. I
mean, it's the first time I'm hearing about.
I never thought of that, probably because. You
know, I don't have an entrepreneurial mindset.
I think everyone does. That's why you're not
sure. You go first. You go first. I'm just here
for the ride, baby. Yeah, so to quickly add to
that, I feel everybody has the entrepreneurial
spirit. So how do I know? If you can make your
food yourself Okay, you have an end if you can
make it to use for yourself and you trust it
enough to believe that that food It's actually
good that you didn't make a mess of it and it's
gonna be maybe it's a poison you're trying to
poison yourself That means you can convince yourself
because the first person you need to convince
is you So if you can convince yourself to eat
the food that you made You know probably you
You checked on YouTube, you're not too sure if
it's the right way to do it, but you convince
yourself, you know what, I'm just going to bite
it anyways. So that's one. Number two, if you
can learn, go to a driving school or you never
did or no, and you get a vehicle and you drive
a vehicle, then you're an entrepreneur. You know?
So, but the only thing about vehicle is the first
time you try and probably you scratch, another
car or another vehicle or probably you didn't
drive properly you won't say no I'm not I'm never
gonna drive again I'm done guess what you keep
driving you keep driving first year second year
you made some mistake you learn some mistake
you keep driving driving driving to you become
a good driver you won't say oh because I can't
drive I'm not gonna drive anymore nah I made
a mistake never I'm not gonna do it anymore right
yeah that's entrepreneurship You know because
it's risk you could drive for the first time
and surely eat the carb and you know You know
die like that, you know, but guess what you never
give up, you know, that's entrepreneurship You
know, you didn't really wait for somebody to
actually push you and say do it, you know You
just keep driving and sometimes that's where
business coach comes in you know they tell you
okay you know we've seen this before you know
what just keep driving keep driving you made
a mistake okay um you didn't park well you know
you park okay in new york parking is very horrible
i don't know every other country they have like
a parking spot over years parking is horrible
because you have to park parallel parking so
now guess what you tried for the first time he
didn't park well you leave it the next time before
you know he's becoming an expert um um with driving
and also parking so my take is every person every
individual is as an entrepreneurial spirit all
they need is somebody to push them does somebody
to just say no you got this you got this you
know and i want to ask um which college did you
attend Which college did we go to? I'll answer.
Okay. Ruby, you first. I think you should tell
them what school you went to. Oh, no. We'll leave
that one. My university was the University of
Pretoria in South Africa. That's where I went.
Okay. That's a great school. And I studied communication
management. Yeah. Oh, that's nice. That's nice.
But do you believe, how many years did you use
in the university? I studied for three years.
Three years. So do you think you can do everything
you did in three years in a year? I can do everything
I did in three years in three months. I mean,
everything they taught you. You can do three
months, right? Yeah. So guess what? If we can
wait for three years for something we learned
in three years, You know, we can wait three years
for something, you know, so we can wait three
years for something we can learn in three months.
So guess what? We can do the same thing as an
entrepreneur to understand that we want to wait.
Because once an individual invests maybe like
a hundred thousand dollars or maybe $50 ,000
or in a business, guess what? They're like, what's
happening? I'm not making money. I need to start
making money right now. You know? They try six
months and they're like, you know what, I'm not
making money. But guess what? Right. They just
throw down like, you know what, I'm no longer
doing this business because I'm not making any
money. In six months. Yeah. But they can wait
three years or four years for something they're
learning. And they keep paying the fees. They
pay first year, they pay second year, they pay
third year. Why don't they just throw it up and
say, you know what, I can't, I just want to pay
one year and I'm done. I'm done with this one
year. Right? So it's fair for you as an entrepreneur
to just say, you know what? I'm not just going
to give up. I'm going to try. If you learn, you
can also learn to, you know, tweak it a little
bit, you know? And that's where I'm going to
talk about number two that a lot of people don't
have. After they're done with the research and
they know their needs, you know, the, the pin
point of their, their, you know, their clients,
the service they want to go into, they don't
have a clear vision and a mission. So now as
an entrepreneur, you need to have a defined long
-term vision and mission. You know, so for example,
if you're driving, let's just say, for example,
you're driving from, let me just give an example
from Pretoria, you know, you're driving from
Pretoria to Cape Town. For example, Guess what?
You have a Google map. You know, I don't know
how good you are as an expert in navigating,
but Google map will save you the stress, right?
So that Google map is like a clear vision and
a mission. So you already know, go right, go
left, turn right. When you miss your way, guess
what? The map will reroute itself and show you
another better way. And guess what? Before you
know it, you get to Cape Town. And that is what
a clear vision and a mission helps you. You know
where you want to go. So no matter what you're
going through right now, you know the long -term
goal. Like, okay, the next 10 years, we should
be the number one store in the United States.
In the next two years, we should be like the
number one podcast platform in the whole of the,
in the whole globe. Our niche is going to be
this. So the vision keeps you going. Division.
So no matter what, even if you miss your road,
if there's like a roadblock, or maybe they are
fixing the road, guess what? You say, okay, Google
map, this road is blocked. Can you route me?
Route you, you go left again. You turn around,
you continue until you get to your destination.
You know, probably if you have a flat tire, guess
what? You pull over, you call the, what's the
name? the insurance guys or you know which one
you have. The tow truck. Yeah, the tow truck.
They help you fixing the tires and you continue
your journey, you know, until you get to the
destination. You're not going to say, oh, because
I have a flat tire, I'm not going to Cape Town
anymore or I'm not going to, you know, your destination.
So your destination is the goal. So a clear vision
and a mission is everything you need. So if you
don't have any of that, guess what? You don't
know where you're going. You're just going in
circles. Because there's no vision and mission
for what you're doing. And that's where the problem
is. Yes. That's really cool. So I have just a
few questions to ask you before we move on to
the next topic. My questions, the first couple
are kind of rapid fire. Are you the founder of
Winner Circle? Yes, I'm the founder of Winner
Circle. That's awesome. How many companies have
you helped so far? We've helped a lot, over 200
plus. Wow. All right? Yes. So for Winner Circle,
we focus on coaching. mostly business coaching
and all aspects of coaching. So there's another
part of what I do, which is a more bigger organization,
which is a corporation. And if you Google them,
you'll see it's point of view consulting is a
corporation. We have like partners, we have,
you know, people with 15 years working with KPMGs
and all like, so we have like, you know, bigger
team. over, you know, spread across like 40,
40 start working together in New York City, our
point of view consulting that which is the main
organization. So, but we'll focus on mostly consulting
like marketing research, operational management,
chain management, you know, business strategy,
quite a number of things that we do. That's a
normal day job for me, right? But Winner Circle
itself is a coaching platform that I founded
because I founded that a lot of Entrepreneurs
are having issues, you know, especially with
scaling, some are stocked. So now you can come
for consulting services. We're going to offer
you consulting service, solve the problem, help
you come up with a nice strategy that you move
on. But guess what? You are not being sustained.
Next time, if you have a problem, it's still
going to come to us and we're still going to
charge you thousands of dollars. All right. So
why don't I just help business owners and entrepreneurs
and stand by side by side with them have like
the same flow with the same thing that was solutions
we also provide for them, help them navigate
themselves mentally so that next time they don't
really need to come to our consulting services
and there's something they can actually figure
it out themselves. So that's one major thing
we do at Winner Circle. Tell me about the first
10 podcasts of Winner Circle. How was it? What
did you a feel personally in starting it? Wow.
That's a very fantastic question. I'm not going
to lie. It's actually a very powerful question.
So, um, the first podcast, the first podcast,
you know, started like, um, I wouldn't say was
very serious, right? We started the first podcast,
um, on, on Zoom. I think, yeah, we started on
Zoom. We started on Zoom, you know, and I did
the first one. I didn't, I didn't really have
a guess for the first one because I was trying
to figure out like, okay, how can I have businesses,
you know? So I have quite a number of clients
that I said, okay, I was going to bring some
people that are really doing well on my show,
maybe later in the future, but I just wanted
to just start something, you know. I'm not very,
it's not easy for me to be talking to myself
alone. Just imagine talking to the screen, you
know, not talking to, having a flow. It was really
weird to me, you know? And I think I did that
first one. You know, I just came up and I said,
okay, 20 things. I can't remember the topic,
but I think it's something I will later check.
And you know, something about, you know, five.
stuff you need to do as a business, you know,
something like that. And I just thought seeing
it off my head and it wasn't really easy because
I wasn't, but guess what? I didn't start with
video because I really didn't, you know, I wasn't
really ready for the video thing. So we started
with the Apple. No, I think I started with Apple.
Then we had a consultant that helped us with
the connection of all the other platforms. And
You know, the second one also I brought in a
business partner. We also seem to be a consultant
at PWC as a dent. So, you know, I reach out to
her and say, you know what, come on my show,
let's have discussion. And she comes and we'll
talk about discussions and all that. You know,
she took, so she started a business herself,
you know, at some point before she reached out
to me. So. Um, the business went bad that she
filled. So we talked about something about failure,
failing forward. So we spoke about, you know,
she told me how things went, how she, you know,
I'm, you know, how she was able to move on after
she filled in, you know, she invested so much,
a lot of dollars, almost half a million dollars
or something in that business and everything
went away. You know, we talked about it and later,
later, later, later, I think on my 10th, show,
I was able to bring in one of my, you know, one
of the business people that, you know, I consult
for and all that, I had them on my show. And
before you know, we just started having great
people on the show and it's just been, now, sometimes
right now we get booked to like, right now we
are currently, we have some podcasts with not
even, throughout the month of July. We already
have a podcast that is already done. When I mean
done, like it's already, it's already published,
you know, but shadow to, you know, just waiting
for it to drive. July, there's no other date.
Um, August is booked, September is booked. So
what am I trying to say is because we, we believed
in, I believe the one thing which the goal was
stories. stories, because people really want
to learn. They really want to see, okay, how
did you pass through this? Because that way,
just the information you just say, maybe, okay,
there's one of the guests I brought on the show.
She was a doctor. She got to a point, she was
tired of being a doctor. And she was like, you
know what? I don't want to be a doctor anymore.
I want to go into consulting, you know, like
consulting kind of coaching. And her name is
Dr. Carla. Yeah. And she was like, I'm not sure
I'm doing the right thing. Guess what? You know,
she came on the show. She's now making millions
of dollars on, you know, on the business, you
know, living, being a doctor and stop being a
doctor. focusing on consulting, which is crazy.
You know, as you know, because you never can
tell if you're going to get any any person to
consult with. So then she came on my show and
we spoke. She's been doing a lot of things. You
know, then she came on my show and a lot of people
send me an email and tell you the word. That
show changed my perspective that had been stopped
in what they are doing because they are too scared
or leaving. They don't like it. But yeah, they
do like the the eight Mondays to go to work,
but they're like, you know what? I just have
to do this because I need to survive. Right.
And guess what? That show changed. Like I have
a lot of people saying to me and I said that
show really changed my life. I've been able to
take that bold step, that bold step that I have
not been able to do many years. But guess what?
I took that bold step. And that's what we're
talking about. The ability. For sure, for sure
to inspire people, to inspire people, not just
only inspiration, is for them to get knowledge,
to know. The knows is what, it's the key itself.
So, and that's where it comes with financial
literacy. You know, one thing we would also do
in my show that I always also tell entrepreneurs
is financial literacy. is key. You understand?
So as a matter of fact, as a business coach,
one thing, you know, of which brings us to the
three things all entrepreneurs should know, you
know, financial literacy is key, which means
you need to, as an entrepreneur, you should be
able to know, you need to understand your financial
statement. You don't have to have an accountant,
at least try to get a, you know, quick book.
If quick book is... too expensive i think it's
30 something dollars there are other yeah there's
there's i think there's rocket um there's rocket
um it's called rocket money that could you know
as small as that is i think with two dollars
or four dollars they will actually just donate
anything you want for us so with rocket money
at least you have your finances in check as a
as an entrepreneur don't miss your personal money
with your business money i know a lot of people
do that a lot because you feel like I'm still
small. No, it's very important. Let your business
money stay your business money so that you would
understand your cash flow. You can know, okay,
am I really making money? You know, and also,
it's also good. You can actually give out $2
to somebody, you know, from your end and say,
you know what, I'm just being generous and I'm
giving you $2. But guess what? When it comes
to business, You have to make that $2 very important
to you. It should be crucial for your business.
You know, budgeting is everything you need to
know about business. Because once you don't have
an LD financial management habit, guess what?
Even if you're the best entrepreneur with the
best coach in the world, guess what? It's a waste
of time because you can't manage money. you can't
manage money. So management of money is important.
So as from beginning, you can look for, so instead
of going for softwares like monday .com, I'm
not demarketing them. You can actually go for
Todoist instead of monday .com. You know, Todoist
can still do what monday .com can do, which is
Todoist is all free, monday .com might not. So
you don't have to go for tools of like thousands
of dollars. Instead of going for Zoom, You can
actually go for something, you know, a little
bit, you know, not cheaper, but at least. Yeah,
because Zoom actually is also quite expensive
if you want to. I had to make the choice between
Zoom and Riverside and I just think Riverside
is way better. 100%. I do think we have to move
on to the next topic. This is all good stuff.
Who's topic? It's up to you. You can go first.
Well, I mean, Everything Jay is talking about
is, it's pretty in line with the things I wanted
to talk about. Management. And actually that
made me think of something else. Can you manage
your money too much? So last night Ruby and I
were talking and she said, what topic are you
gonna choose? And I said, oh, let's do this.
Oh, I want scarcity mindset. For money and then
oh, no, it's too difficult. So I want to ask
this question. But like I want to you brought
Money management and Ruby who do you thinks better
at managing money you or I? Hmm. I think that
you are definitely better at managing money.
I'm a trick question. This is I this is why I
brought it up because What Jay's been talking
about intersects perfectly with with what you
wanted? Yeah, and then you changed it to Then
you change it to, does hard work matter? I think
that answer, that question has been answered
extensively. You have to keep trying, keep trying.
Yes. So, yeah. Money management. See, I would
say that's a trick question. I asked you a trick
question because I don't think I'm good at managing
money because it causes me so much grief because
I try my best to manage my money to a point where...
it kind of makes me miserable and I don't really
like I'm afraid to spend like I'm miserly and
stingy. Now I might have a good amount of money
but what good is that money when I don't have
solace when I spend it? Like money is a tool
but for people who have a bad relationship with
money. This guy, you know, I have a lot of trouble
recognizing that money is a tool in remembering
that. For me, I'm just like, I got to save all
my money in case of disaster. So yeah, I just
wonder, Jay, what are your thoughts about that?
Can you manage money in, let's say, I don't know,
a toxic way? Or is my money managing good? I
think when it comes to or let me just say don't
let me say that I think for sure when it comes
to money management you know I used to be like
that you know once you don't have a budget it's
just like you go to the store you don't have
a budget you don't have a plan or things you
want to buy that's what you're going to buy something
you don't need maybe somebody's going to tell
you oh this is 20 % off like oh 20 % off this
chip oh I like this But you're buying it because
you don't need it, but because it's cheap Right,
you are probably there's a discount. Oh, man.
I love this shoe I've been thinking about I want
to buy it right now because they said they are
doing this camp But when you have a budget already,
so you're laying on the budget So for me, I buy
things I want when is my personal money? So when
it comes to business money is totally different
I'm looking for a better deal for business Yes,
and that's the thing I'm always looking for a
better deal for business and in as an entrepreneur
I can tell you sometimes Everything will call
discount is not really discount in a real sense
Sometimes this count is something that they feel
like okay, you know what? Maybe somebody's making
x3, you know, maybe they make $200 worth of profit
on Something worth $400 so they can say, you
know what? Okay, let me just drop it to $200
for now. Let somebody jump on it. So it's still
not discount, but it's just opportunity for other
people to grab it. So what am I trying to say
is when it comes to budgeting, it's going to
save you a lot. Budget, budget, budget. So whatever
you want to do, whatever business you want to
do, just remember you need to budget. You need
to circuit. Riverside or Zoom. How much is Zoom
what? What is Riverside giving me? You know.
There are a lot of tech websites that does all
this comparison. You can do a lot of comparison.
I know which one really works. So I would, I'm
not being paid by Rocket Money, but it's something
I use at some point, but I'm telling you. So
try to download Rocket Money. I don't know if
they have it. I'm sure they have it, you know,
all over the world. So you can actually download
Rocket Money and try it and check it out. So.
I think the question there is. Luigi never spends
any money. He doesn't need a budget because money
flows one way. But I want to change that. Like
I do budget my money every month and I never
go over my budget. And if I come close to going
over my budget, that causes me a lot of anxiety.
It's terrible. And that's something I really
want to overcome. Because I feel like I'm probably
budgeting. Still even too little like I could
afford to spend more for sure, but man is it
it's tough for me It's neurotic. Yeah, so but
I think money stuff has to do it, you know if
there's a cash flow coming in that's why it's
called currency and Currency is meant to be garbage
and garbage out. It's new to flow so if there's
no currency flowing then there's going to be
a little bit of stagnancy, you know, so when
I mean currency flowing, it doesn't necessarily
mean buying something you don't need. It could
be maybe investing in something, you know, maybe
buy new tools that actually make something better
for your business itself, you know, buying new
equipment, you know. So what am I trying to say
is it's just the currency part of it, you know,
for it to flow. So I think you're on a good end.
Some people are really praying to be like you.
Which is a good thing. They're praying to be
like you so they don't have to spend so much
money. Because some people, when they have, you
can't trust them with money. You just put $1
,000 with them. Right now, it's gone by tomorrow
morning. Because they're going online and buying
everything they need and the ones they don't
need. So it's a good thing that you can actually
look at it and say, you know what, I don't want
to spend this money. And you are disciplined.
And that's fine. I don't think you really need
so I don't think I think you have you I think
you need to give a lot of people master class
on how you do it because a lot of people can't
do what you do you know because once the money
comes in oh my god they're spending everything
right there when they are done spending then
they not oh my god think I'm runner so now let's
quickly go let me just quickly add number four
and number five because i know we have time for
spend um number four you know i always say to
entrepreneurs is you need to embrace failure
as a learning tool so if failure is not going
to be a learning tool then it's not what's being
called failure so it should be a learning tool
you know because when you have a setback you
already understand so for example you indulge
in a business and somebody come to tell you,
you know what, can you, can you give us, can
you lend me some money out of your business?
And because of, for example, you've been nice
and say, you know what, I'm just going to give
you this product on credit and you give them
product on credit. And guess what? They never
paid you back. So you've lent. So next time you
know that no matter how the story is very nice
and touchy you can't help. I'm sorry Yeah, so
now your length so and it can also be maybe a
customer, you know, probably due to one or two
things a customer hacks you for you know for
free service and you offer free service and they
say don't worry when I when I When when I get
my money, I'm gonna buy more service from you
and you offer free service. And when they got
it, they went to another competitor. So you're
not home. So now you learn no free service until
at least you buy one, buy one. Then I give you
one free. So now that's, that shapes your knowledge
about your field. So you're embracing failure
and you're using it as a learning tool. So I
don't say it's fine to just be a failure failure,
but the thing is don't take failure as the hand
because a lot of people want to fail. They say,
you know what the business is done for. I'm no
longer doing this business anymore. And they
just give up or probably they have a restaurant
and you know, they have all the hives. I have,
I have a client. No, let me give you a story.
A client of mine, you know, she set up a spa,
you know, she was setting up a spa. I, I, um,
she didn't tell me because I've helped out with
a lot of, but she, I think she went, she was
like, Oh, maybe my, my prices were too much.
So she went to. You know, I just saw it online
that she just opened a big spa and all that.
I'm like, wow, congratulations. He said, Oh,
thank you. I was going to call you, but you know,
I'm like, it's fine. I'm I know my friends might
be too. He said, Oh, but because I thought you
were too busy. I said, no, it's fine because
you've been working with me for years. So I'm,
you know, it's, it's fine. So now. Then she invited
me over. I went to the spa, very big spa, nice,
you know, in the heart of New Jersey. And I told
her, I told her, listen, she told me, um, um,
but right now the person she's working with seems
like she doesn't, he doesn't know what he's doing,
you know? And I not told her that say, listen,
you have a nice bar, which is fine. She bought
the spot from somebody else. So she revamped
it and, you know, make it beautiful and all that.
But I said, the thing is the goal is not how
beautiful your spice. I said, have you reached
out to clients? Because I look at the neighborhood,
it's not a place that people can walk in easily.
I'm like, one, I just don't want to be bad to
you, but I'm just being honest with you, all
right? You're not paying me for this service,
but I'm going to tell you, one, nobody's going
to walk in here easy. So now I want you, I'm
doing it for free, you know, because you've been
working with me for years. But the thing is now
I want to make sure you do everything that people
start booking. appointment online, at least try
it. He said, oh, I still want to put some, some
nice light. I'm like, first you need to see if
people, because if you have a very beautiful
spa and nobody's coming in, there was a point
of the spa, you know? So because the people,
the client are the main people that you need.
So what am I trying to say is When I told her,
she was like, oh my God, I never thought about
this. I thought the other person was telling
me to make it more beautiful, more beautiful.
Maybe people walking will see it. I said, nobody's
going to see it. Nobody, how many people walks
from here looking from outside? And you know,
she took that word because she was almost, she
pays $8 ,000 on mortgage on that property every
month. She'll spend $8 ,000, $8 ,000 every month.
minus, you know, electricity and all that. And
these things were burning and she wasn't making
a dollar. She wasn't making a dime. You know?
So automatically I said, you know what? You failed
according to what you feel you failed, but you've
not failed because now you've learned and I give
her financial advice. I give her all the advice
she needs. And guess what? She's making sales
right now. people are coming in albeit they are
coming via online because she made a mistake
with the destination or sorry the location and
location is everything any business you are trying
to do so the location was in a good place that
people were just walking so guess what she made
a mistake she learned from the mistake and then
she guess what maybe she's like oh she's talked
to herself and she said you know what i don't
care i'm not gonna um yes i feel it i feel it
i'm gonna shut down the business i can't keep
paying a thousand dollars a month and she run
out of mortgage and she lose zero dollar zero
energy then she lost all the money all the stuff
all the kit everything she got so no matter what
embrace failure as a learning tool that's number
four number five you also need to build a strong
network Just like I'm on this show, you know,
yes, I have a strong network. I have a strong
people here, you know, they had, you know, they
have the, they are the expert. So you need to
also be on this show to learn more information,
get more knowledge. So you build a strong network
because network is essential. That's why somebody
like Elon Musk can tell, even let's just even
talk about network itself. Look at Elon Musk.
just send a message to his friend and said, you
know what? I want to buy Twitter. Do you have
some billions of dollars? The other person is
like, you know, I'm looking at, is one billion
enough? I don't know if you saw the text message.
It's Elon Musk sent to his friend. And it's like,
okay, I think I have two billion dollars. And
he bought Twitter. Just imagine just texting
your friend like, I just want to buy Twitter.
And that's the power of network. Just borrowed
money from people. That's the power of network.
Yeah. I don't think he really borrowed. He just
said they should just, you know, join forces
to be able to buy the IHS so that they can own
Twitter. You know, just imagine I want to buy
McDonald's tomorrow. And I'm like, you know what?
Let me just send a message to Luigi and say,
hi, let's just buy this McDonald's. You have
like 400 billion. You know, let's just own it.
the new owners of McDonald's. That's how it works.
Strong network is good. Build a strong network
as an entrepreneur. Networking is everything.
There's a lot of events in New York City that
we always go there, just take wine and relax.
The goal is not just to go there and take a wine.
You can take a wine in your house, right? But
the goal is to be able to build network. Strong
network. I know Jay is a good entrepreneur. Come.
let's work on this project together or let me
call Luigi or let me call Ray you know let's
do something and that's the power. I think for
a lot of people who are on the you know kind
of the layman level or I refer to it as the proletariat
mindset for example I started this podcast in
April. That was the first time we recorded anything.
And I had never imagined at that point that I
would be speaking to a successful business owner
in New York. And here I am. So that to me is
insane. Furthest thing from my mind, I did not
expect that. Well, and that's it. You know, by
this time next year, you know, it's gonna be
bigger. Wow, April, that's like a few months
ago. And that's how, that's the power. You know,
that's the power of networking, building up a
network, a strong network. And you know, it takes
a while, but guess what? You know, it goes, it
goes far. And that's the, that's the honest truth.
So another thing I always tell entrepreneurs,
which is number six, because I, you know, we
need to get to number 10 is, to focus on customer
experience. Guess what? I don't know if you've
ever bought any product. Have you ever bought
any product where you heard that nobody marketed
to you? You didn't, you didn't have to sit online.
Somebody just told you, Oh, you told them you
want a toothpaste. They said, Oh, this toothpaste.
Oh my God. Or you want to buy some. Yeah. Or
you want to go to a restaurant and they say,
Oh, this restaurant. Oh my God. This is the best
restaurant. They have good customer experience.
You don't even have to do adverts. People are
just going to say, wow, that's the best thing
that's ever happened. Word of mouth. Yeah, word
of mouth. Word of mouth. Word of mouth. Or what
do you think, Luigi? That I mean I agree that's
one thing I definitely remember from when I was
in high school I think taking marketing and one
thing I learned one thing that I still remember
it from the textbook was Bad word of mouth will
reach 22 people or something like that and like
good word of mouth will reach like one So you
got to be real careful when you do it But yeah,
it's definitely true. I mean you trust You know
your your your social circles because they've
experienced it and you have a relationship with
them Absolutely, and people understand that In
the world of consumerism, everyone's trying to
be sold something. There's so much choice. So
how do you make a really good grounded decision?
Well, you trust your peers because they're in
the trenches with you in life. So they've gone
through it. They don't want to waste their money
and so on. So yeah, that's why word of mouth
is so important. How about you, Ray? I know that
word of mouth is the number way method of podcasts
growing. I know that it has the most, it's the
most resilient messaging alive in terms of having
both things that weren't marketed to me. Actually,
most things, I very, very rarely buy things based
on marketing. And it's really interesting that
you bring up marketing because I studied communication
management, the art of creating good messages.
And specifically, my focus was crisis management
and internal communication management, but with
the goal of getting that to the external stakeholders.
And I think that a lot of marketing, this was
my topic, a lot of marketing in today's world
just kills authentic messaging in a way that
is viscerally visible, but everybody ignores
because they've come to expect it that way. Okay,
let me ask you a question. When you think about
Mountain Dew, what do you think about? The drink
Mountain Dew. I've had this drink. I think. Yeah,
what do you think about? Too sweet. I remember,
I do like Mountain Dew. I haven't had it in years,
but if I ever found a bottle around here, I'd
buy it right away. Okay, wait. Honest answer
here. What I think of when I hear Mountain Dew
is driving home from university, driving to this
pizza shop called Roman's Pizza. And they had,
okay, South African money, 12 rand at that time.
That's nothing. That's like seven RMB. Okay,
so like one American dollar. One American dollar
for a mini pizza of four pieces and a kind of
Mountain Dew on the side. And I got the like
chili feta pepperoni pizza. with a can of Mountain
Dew on the side. And that is what's in my mind
for Mountain Dew. Wow. Man. You know, pizza itself,
it's a powerful thing. You know, the experience
itself. Yeah, the experience. That's why you
remember Mountain Dew. So another thing is, if
you look at Mountain Dew, for me, you think about
you know, energy, sport, extreme sport. And when
I think about Coca -Cola, I think about Christmas,
you know, Santa Claus with the white beard. Yeah,
I understand why you have that connection too,
because it wasn't that a part of, didn't Coca
-Cola invent the red Santa? Yes. Yeah. Yes. I
also associate Coke with Christmas as well. Yes.
It's just a mental thing. you know, because of
the experience we have, you know, probably very
good marketing. Or when you think about Pepsi,
you think about, you know, something like, um,
you know, gladiator advert they did one time
like that. You know, there was somebody doing,
you know, we will, we will rock you. You know,
remember that thing. you know, I have a way he
came into our minds and, you know, we start thinking
about product, we associate product with this
kind of experience. You know, you talk about
McDonald's, you have an experience. You talk
about KFC, you know, there's this experience.
You know, there's Popeyes over here too, Louisiana
Popeyes, you know. You know, a lot of people
associated with, you know, having that Sautern
flavor, you know, with a mix of nice grill and
all that. So there's the experience that comes
with it that, you know, sometimes you don't have
to even do a lot. People are going to be the
one marketing your brand and say, you know what?
Oh my God, this is the best thing. This is the
best drink I've ever had. This is the best whatever
the thing is. All right. And that's how, you
know, it's always very good as an entrepreneur
to focus on customer experience. So just try
as much as possible. Make sure If a client, maybe
you're selling a service and one of your clients
is not, customer is not good with it, it's better
you actually find a way to make sure they are
very satisfied than let them go unsatisfied because
they will tell them, oh, don't go to that place,
it's really bad. And number six is, sorry, number
seven, be adaptable and open to change, you know,
which is very important, be adaptable and open
to change. Number eight. invest in personal development.
It's always very good to have more knowledge,
more courses. As an entrepreneur, I have a PMP
certification. I have quite a number of certification
that I got through the years because I really
want to build my... um, my, my personality, you
know, having been a certified business coach,
also having, you know, Sigma six, you know, um,
certification also, because I really want to
know more. So more knowledge. So another thing
is, um, yes, it's very, very important. You know,
you want to build your personal brand. So it
helps you a lot. So another number nine is you
need to emphasize on this thing, which is work.
life balance. Because as an entrepreneur, it's
very demanding. I work Monday to Sunday, but
guess what? I try as much as possible to take
a break. It's very important because sometimes
we really don't, we just want to work, work,
work, work, work, work. But sometimes I try to
take a break. Are you working now or are you
taking a break? I'm actually working right now.
I'm not in the bridge yet. That hurts me. That
hurts me. Oh, you mean for the show? But it's
good work. If you say for the show, I wouldn't
call it work. I would say I'm actually doing,
actually, would I call it work? I wouldn't call
it work. So I thought you mean generally if I'm
working. No, I mean generally I'm I'm not in
my vacation mood yet So I'm not in a vacation.
Oh right now. Yes. I'm still working because
you know, I'm not yet in vacation me My vacation
is August because one of the most busy time for
us as an entrepreneur is summer, which is between
June July August So after August everything died
down a little bit, you know, then not I don't
per se Yeah, is that because people have more
free time and like They do these things on the
side. They do these hustles when they have their
vacation time. Yes, correct. Because most times,
yes, that's when people have enough time because
the truth is the work life, even not for entrepreneurs,
the work life in America is quite demanding.
So people work nine to five, they really don't
have no time. So during their vacation, that's
when they start thinking, you know what? I need
to think about something to do. They start having
a second thought. or maybe starting a business
or starting this or how do I do this so and that's
that for that that's when they need a business
coach who can actually tell them though you know
not tell them in real sense because the truth
is we really don't tell people things all right
so the thing is we only help you navigate it's
just trying to go into people somebody's head
and try to see what they are thinking all right
so as a business coach i don't want to try to
tell you to start a restaurant business when
you want to start, um, a karate business, for
example, you know, or maybe you want to start
a podcast. I'm like, no, don't start a podcast.
Why don't you just go into, um, you know, maybe
a restaurant or maybe, you know, that's not what
you want to want to do. If I try to convince
you to do that because your energy, you don't
have the same energy of the, with that flow,
guess what? You're going to get tired. and you're
gonna just drop it off and say, you know what,
this is not what I wanna do. So what we do is,
as a business coaches, I look at what you wanna
do, because the first question is, what do you
wanna do? So now is now to make your hobby, because
the most fun part of life is when, you know,
for example, Ray started communication. management
in school. I'm sure she likes talking and having
conversation and all that. But guess what? I
hate it. I hate it. That's why we have this show.
You don't like it? No, I'm joking. So let me
just guess you like it. But guess what? Now imagine
Oprah Winfrey. Oprah Winfrey likes talking, conversation.
And guess what? She's being paid to just talk.
the best entrepreneurship flow you can take is
loving what you are doing. Just imagine, you
love what you're doing and you're getting paid
for it. You like cooking. The top chef in the
world love cooking, just fries and is paid to
just fry. Something he would do anyways, whether
you pay him or not, he's gonna do it. Yeah, very
true. You know? Or maybe the guy that loves mixing
alcohol, you know, just put it together, the
bartender. And he's being paid thousands of dollars
or hundreds of thousands of dollars just to mix
until it's the best mixology in the world. He
loves it. He's going to do it at home anyways.
So you are enjoying what you're doing. Or maybe
there's this dude that knows how to sing. He
loves singing in the bathroom anyways. And he's
getting paid millions of dollars for people to
see him to come and sing the way he can sing.
It's entrepreneurship too. And he just say, and
people are paying him to just come see him sing.
So whatever the most interesting entrepreneurship
life you want. Like me, I love helping people
navigate business. Troubles, but as a matter
of fact, I love it when there's a problem so
we can solve it because I love thinking out of
the box You know, how can we actually solve this
problem? And that's one thing a lot of monks
did you know them? You know fetch him a lot and
a lot of people might say I don't like him Forget
about political view or whatever the thing is
this dude is actually a genius, you know for
him He went to Twitter. You look at Twitter and
say okay. Why do we need 100? 100 % of staff
when we can fire 80 % and have 20 % that can
actually do the job better. Why do we need to
give people a blue check mark for doing nothing?
Why don't we just make money from it? It was
able to make, I think for $40 million, I'm not
sure about the figure, every month from just
people who want blue check mark and paying for
it. You know, and guess what? Instagram started
that. Every other person wanted to pay for blue
check mark. Nobody was thinking about it. You
know, look about Tesla, Tesla drives itself.
Have one anyways. So it drives itself, self driving.
It has, um, you can, while you're charging, you
know, you're watching a nice YouTube, you're
watching this podcast, you know, probably, um,
or you're listening to, you know, a show you
can do a lot, you know, I literally, I do zoom
on my, on my, on my Tesla. Sometimes I do my
Zoom meetings via my Tesla. You know, sometimes
I surf the internet via my Tesla. So what am
I trying to say is, you know, it's very important
to always think out of the box and don't just
be stuck into just one line of thought. Think
out of the box, think out of the box and bring
good ideas. And before you know it, the world
will be your stepping stone. So now, last but
not the least is I want you to stay persistent
and also be resilient because the thing is the
road to soft sex is very bumpy not often is very
bumpy because you're gonna have one or two issues
and you know the ability for you to stand strong
that's what makes you a great person or a great
entrepreneur so nobody's gonna tell you it's
easy you know yeah but do not just give up just
because you made a mistake So just keep moving
forward, even when faced with challenges. And
that's the point. That's what makes you a great
entrepreneur. So that's one thing. So these are
the 10 things all entrepreneurs should know,
especially if you ever consider being an entrepreneur.
Like I said, everybody's an entrepreneur. If
you can get into a vehicle and drive yourself,
you're an entrepreneur. And that's it. That's
true about life. So that's... All I have for
you guys today. That's awesome. I agree with
everything that you've said, except for Elon
Musk. I have a personal relationship with that
man, and it's not a great one. But I can recognize
that he's been successful in business. Yeah,
he is, to be honest. I wouldn't label him that.
Genius. This was like a free, really expensive
seminar. I was totally surprised by it. No, absolutely.
I did not expect to learn so much. Now I can
tell people I am an entrepreneur. Whether you
believe it or not, you are an entrepreneur. I
do have a question for you though. This might
be if you don't want to answer it, of course
you don't have to. But you're in New York and
politically New York is undergoing some changes,
probably with Mamdani being elected. How do you
feel about that? Yeah, I know Mamdani. I know
him because I have quite a number of friends,
you know, especially in the city. I'm a member
of the Chamber of Commerce in New York and, you
know, So for me, he's actually a great person,
you know, in as much as there are some things,
some of his policies that I don't, for New York's
sake, I don't think might work. And that's the
honest truth, you know, because we are any capitalists,
he's like a Democrat socialist. So when you are
a Democrat and you win the primaries, automatically
you win the elections. That's what they say.
And socialism might really not work in the city,
like free bosses. I don't think it will work.
Other things might work, but free bosses would
not work. Definitely, I'm sure of that. So because
we're in a capitalist state... I'm not trying
to dig into... Obviously, his policies are directly
related to this, but I'm asking because of the...
While you were talking, I was thinking about
the city -owned grocery stores and how you think
that might affect small business or actually
large business. Because in my mind, I think that
large business takes away a lot of culture and
society. So for me, if the policy is going to
work, but it's going to hurt large business,
personally, I don't think that's so bad. I don't
know how it would hurt large businesses. Well,
hang on. Also, just to say, you don't think large
businesses are a part of culture? No, they absolutely
are. I just think that when they reach a monopoly
level size, for example, Amazon, there's no other
company that can effectively break into... online
sales in America and challenge them properly,
and the same thing here in China. So I think
that that has the potential to take away from
society. So then do you think, but with something
like Amazon that's so big, too big to fail, let's
say, how could it really be hurt by these changes?
That's the thing. They're so profit -driven.
that they make a big rigmarole if anything hurts
the profits. And that's the way that it hurts
society. I don't think that anybody can shut
down Amazon, right? But I do think that the state
in some way allowing, let's take the groceries
as an example. Hypothetically, if it works. I
don't know if it will work or not. But now you
have grocery stores that are selling cheaper
products to people in a direct way. And what's
happening is the people that have a monopoly
that are able to afford the rent and so on. They
are forced to move out because they just can't
keep up with the government owned or government
subsidized grocery stores. And then that might
open it up for more small niche businesses as
rent goes down because the big boys are moving
out and rent comes down and then a small business
picks up. I know that sounds utopian and it might
be, but that's what I would like to have. Sure.
I agree with you. But when it comes to groceries,
like in New York City, we don't have Walmart
in New York City. We don't have the big grocery
store like that in the city. So most of those
stores like Upstate New York, which is the greater
New York of which he has no control over, you
know. so it's not like this Costco or something
most of the you know the city really don't have
most of the stores are small small stores that
can work because you know just subsidizing it
is not like it's really going to be free so which
it would really go a long way because New York
really literally make a lot of money on taxes
like when I mean taxes like taxes like if you're
just coming from Polly New Jersey and you want
to go to like let's just say Let's say to the
airport in JFK, you're gonna spend $50 on tolls
only. More than $50 on tolls, just tolls. So
just imagine how many vehicles come to New Jersey,
towards the city, to JFK, to Queens every day.
So there's a lot of money being made. by the
city. So I think New York City is like the richest
city in the whole of America, if I'm right. So
subsidizing might not be a problem. That might
not really be a problem. So I agree with you.
That would work 100%. The one I think might really
not work that much would be buses. Just imagine
like three buses, oh my God. You know, they really
will violate it. So, and, you know, it's going
to also affect a lot of Uber drivers, you know,
it's going to also have, you know, um, the yellow
taxi really is a no -go area. And I'm not demarketing
them. It's really a no -go area because they
would really, you know, because it's the way
they do it. Um, they, they, they just take you
around, around and around before you know it.
A hundred dollars is gone. Just sitting in the
traffic. So you are better off taking the train.
or taking Uber or taking Lyft or you know any
other option. The same problem with meter taxis
here. Oh meter taxis are like I don't want to
call them oh my god they'll just purposely do
it oh my god I don't know what I think I made
a mistake at some point I was meant to take Uber
but I was on phone and I don't know what I just
entered the yellow taxi you know metered one
I just closed the door and before you know it
Normally it would cost me $30 for that ride on
Uber. Normally it's a normal ride. I take it
on taxi. We've never started moving. We already
cost me like $50. I have to tell the, you know,
I was like, nah, I can't do this. I told the
driver, please, can I just get down? It's okay.
I will just take Uber. And because if not, before
we get down, will I spend $150 without even getting
nowhere? I'm like, you know, You know, and that's
it. I think meter taxi has like the really rubbing
off on people, you know, they know how to play
that game anyways. So that just did for this
election is going to be a tough one, you know,
because I am a little bit politically inclined.
Maybe that's why I was able to answer that. When
it comes to politics, you know, I'm a little
bit inclined because now We have the current
mayor, Eric Adams, who is also contesting as
an independent. But now the Republican candidate
is about to, is trying to step down. They're
trying to work on that to find him to step down
for Eric Adams. So Eric Adams, who was a former
Democrat, will be a Republican. So it's going
to be Republican versus Democrat. Then the former
governor of New York City. that lost the primaries.
That's Andrew Cuomo. Andrew Cuomo also said he's
going to likely run as an independent. So it's
going to be a tough cookie because now we're
going to see a fight between the former governor
of which in the general election, I don't know.
So Madani's has a lot, a lot, a lot to fight.
A lot. A lot. Yes. I don't know enough to deliver
further comments. Personally, I think that young
politicians are required. It doesn't even matter
if everything doesn't work. Just a large part
of what they're doing is going to be fresh and
transformative. And I think that's what the world
needs. No more old politicians. I don't know.
I don't know. Yeah, you know the intersectional
leftist feminist anti -fascist person. Can't
old politicians be that way? Sure they can. Bernie
Sanders would have been awesome, but the problem
is they are... They're all, they move a little
bit slower. Maybe they don't have, not physically,
but in terms of understanding technology and
understanding the modern times and understanding
the constituents that are coming up and coming
up. I guess, yeah. Could be right. My opinion
as a non -American outside viewer.