The Money Mondays - Tim Storey and Him500 on Generational Wealth & Being Recession Proof | E26

Episode Date: July 17, 2023

Tim Storey is an acclaimed culture influencing thought-leader, life strategist, author, speaker and counselor. Known for his insight and coaching among high-profile individuals who find themselves in a place of personal recovery and discovery, he has been labeled as the Original Comeback Coach. --- Wealth strategist Marcus Barney is a highly successful real estate investor and entrepreneur. He is the owner of recession proof, one of the biggest financial literacy communities. Marcus created his first business, buying and selling antique cars, at age 16, and acquired his real estate license two years later. He began mentoring others with a recession-proof mentality in 2018 and launched the successful Barney Aviation Group in 2021. With a strong focus on philanthropy, Marcus volunteers for a variety of nonprofit organizations and regularly donates to schools, holiday events, and more with an ongoing dedication to giving back and helping others. --- Like this episode? Watch more like it 👇 Watch ALL Full Episodes Here: https://www.youtube.com/playlist?list=PLs0D-M5aH-0IOUKtQPKts-VZfO55mfH6k --- The Money Mondays is a business podcast here to teach you how to make money, invest money, and donate money by showcasing some of the world's most successful people and how they do the same. Hosted by serial entrepreneur Dan Fleyshman, the youngest founder of a publicly traded company in history, this money podcast gives you an exclusive behind the scenes look at how the wealthiest celebrities, entrepreneurs, athletes and influencers make, invest and donate money. If you want to learn more business and investing while you work to improve your financial life, you're in the right place! Subscribe for new weekly episodes: https://www.youtube.com/@themoneymondays?sub_confirmation=1 Dan Fleyshman, The Money Mondays Learn more here: https://themoneymondays.com Watch all the podcast episodes: https://youtube.com/playlist?list=PLs0D-M5aH-0IOUKtQPKts-VZfO55mfH6k Subscribe for new weekly videos: https://www.youtube.com/@DanFleyshman?sub_confirmation=1 Let’s Connect... Website: https://themoneymondays.com Podcast: https://podcasts.apple.com/us/podcast/the-money-mondays/id1663564091 Twitter: https://twitter.com/themoneymondays LinkedIn: https://www.linkedin.com/company/the-money-mondays/about/ TikTok: https://tiktok.com/@themoneymondays FB: https://www.facebook.com/The-Money-Mondays-110233585203220/

Ladies and gentlemen, welcome to the Money Mondays podcast. My voice is a little bit raspy, so you're going to have a very special situation today. We have a speaker that speaks way more than I do. He speaks 1000s and 1000s of events over the years. He's been on television, friends with every major celebrity. He empowers people. He makes people excited. He makes people laugh.

He makes people cry. I mean, I cried watching you. It's one of the best best literally one of the best speakers you've ever seen in your life We've been watching him do it over and over and over and over for so many years And then God willing he's gonna keep doing for decades to keep helping people and keep inspiring the world our guests Mr Tim's story, Dan. It's good to be in this van or whatever. I'm in We got this RV motorhome as you guys know the money Mondays we make this very efficient it's a 40 minute podcast because the average workout 45 minutes yeah average commute 45 minutes so we make these 40 minute podcasts make it very efficient for you guys we cover three main topics

how to make money and invest money how to give it away to charity we are here with my co-host the real tires and tires and gets over two hundred million views a month on social media helping helping animals, teaching about animals, making a slap, making us freak down scared and hopefully even get bit by King Gobra, whatever's gonna happen in each video. He got 90 million views, arguing with an ostrich and everything between, make sure to follow The Real Tarsan.

I'm gonna let them take care of the majority of the podcast today, because as you can hear, I've been speaking to many events, I gotta learn from Tim, I want to do for my voice, so I'm gonna let you guys take it away. been speaking to many events, I'm gonna learn from Tim, I want to do for my voice, so I'm not gonna let you guys take it away. Yes, so many questions, so many. First one is, I'm gonna get right to it. You told me you've been to 78 countries,

you're a global citizen. I am a global citizen. Let's explain that for us, please. What was that like? I think that, you know, coming from Compton, California in the Los Angeles area, you know, all we knew was like our neighborhood. And I remember when we ventured off

and started going into other neighborhoods around California, I thought that that was so dope, right? But the first time I went overseas when I was 20, I went to Sweden, and my mind was blown at the culture of the way things were different and I was hooked on traveling. So, fortunately, I had a skill set and I was to communicate and to educate people and that skill set took me around the world. Wow. That's amazing, man. And you also spoke at 7000 different events, huh?

Yes. That's crazy. Yes. It's probably more than that. He speaks literally every week in the the planet, before we were born. Yeah, it's unreal. Exactly. So give us a little small, like, two minute buyer about yourself. OK.

So raised in an inner city home, by my mother, father passes at 10. So my mother has to raise us with a six grade education. We started with seven people in a two bedroom apartment. So we were cramped and crowded. There was no, or any talk about college, or like big dreams, zero. And so it wasn't until I was a senior in high school

that somebody gave me this book about the life of Mother Teresa. And I read that book, and even though I was an athlete, a thinker in certain ways I got touched by the fact that this woman was such an amazing humanitarian that touched my life and I decided to go to seminary to be a humanitarian. That's how it all started Manitarian the reason that we really created this podcast is because Nobody talks about money. Yeah, we grew up thinking it's rude to talk about money. Imagine if you would have talked about money in that household when you were seven years

old. You'd get in trouble right? Exactly. It's like 100%. If you ask somebody there's salary, you get kicked out of that house. Yes. What would you ask that? That's so rude.

But I think that's what leads to a huge, to service to our country. Because that people then they turn 18 out of high school and we just throw them out into the wilderness and they go, okay, go figure out credit, go figure out apartment, go pay your rent. So true. And mortgage and fight goes score and they can't spell, fight go, go get SBA loan, what the heck are you talking about?

And then they don't know when they go get a job and they offered them 32,000 a year and they couldn't negotiate it for 36. Yeah. Or 38 or 42 or 48. They had no idea. They don't know what 401k is. They never heard of it.

401k sounds like a freaking video game. And so like the whole real concept of why Tarzan and I are traveling around in an RV motor home is that people have these discussions about money because not rude to talk about money. It's rude to not talk about money. Yes, no doubt about it. So there's actually a description in the Bible that says, my people are perishing for their lack of knowledge. And that's what's happening to so many humans as you're saying Dan, people are perishing. The word perisher means they're in a downward spiral

for their lack of knowledge, information, education. So what you guys are doing by traveling around and doing this, you are educating us up and out to be up and out. And that's what happened to me. The more I would travel around these countries, I was meeting like super dope people that were doing beautiful things, but they were not full of stress. They, a lot of them had a lot of peace on them. They had slowed down to the rhythm of life. And I said, they're up to something different. And a lot of it was the way they saw money. I love that, man. Piggy back and off with Dan says, I thought, you know, in this society, we're in today, everybody wants to be about money. Yeah. Can you explain to the world how it is, because you've seen the world in most vulnerable

aspects, how like a household stays together outside of the United States, you know, all these different cultures and different countries. Yeah. You know, they got their grandma home, you know, their sisters or brothers, so many generations there, they're splitting those bills, they're working towards buying the house next door and they're just expanding upon that house next door. And could you just expand it upon that at ecosystem, that tribe, that culture? Can you explain what you've seen out there

and how that can benefit us today? It's actually a great question. So I see this anywhere from Nigeria or other African countries, or if you get into even some of the Asian countries, that they talk a lot about generational wealth. And the idea about generational wealth. And the idea of generational wealth is, you know, our generation to our children's children.

So the way we have got to really have, get to the point of having this growth mindset rather than the fixed mindset, and thinking generational wealth. And part of the generation wealth comes by sometimes being around your grandmother Your mother right and then all the way down to the third and then we begin to pass it on We pass down a mentality that is proper about money Feel good So good so over the years you've been involved with so many celebrities and athletes and television shows like how do you see the difference between some that are doing it right and becoming

big personal brands and helping charity and some that are going down a path and like athletes going bankrupt and things like that. Yeah, I think a lot of it is you look at the early days where you saw so many guys in the NBA losing their money like after like three, four, five years after the NBA like guys that we grew up loving didn't have it. I really believe that a friend of ours Irving Magic Johnson helped turn it around, but you got to understand that he was already good with money but Jerry Busce really mentored him a lot about money, how to deal with money, how to make business deals, and he talks about that today. So I think what Irvin has done, what magic has done with people,

is amazing. And now I'm loving what LeBron James is doing with his team, and they're mentoring a lot of the young basketball players coming up about how to deal with finances. So again, I think that in sports, people were perishing downward spiral for their lack of knowledge and information. But then it comes something that we understand and that's discipline. Man, and I love it because I watch both of you guys. The discipline of life is so important to talk on discipline. He'll get 90 million views on a video. And then for two hours, he'll clean up poop. The discipline of life is so important to talk on discipline.

He'll get 90 million views on a video. Yeah. And then for two hours, go clean up poop. Yeah. And not blink. Nothing twice a night. Not completely. He willingly goes and does it. The discipline come back over again.

Forty to forty seven million views on a video and go make sure that a goat has something in its pot. You know, like, yeah, he's on it on every little detail. And that's the people you get behind. Yes. It's just so rare because most people, they got one million views in a video. Don't talk to me.

I can't make it so fancy. And if you don't mind me saying this, I think one of the things that we need to do when we don't know is ask. I think a lot of people, they almost fudge it like, yeah, yeah, I know about crypto. I know about Bitcoin. But I did not, because it was, it was new to me. I did other things for living.

So when people start talking about Bitcoin or crypto or NFTs, even Dan's one of the guys I reached out to on an idea, because I didn't know. And it's okay to say, I don't know. Can somebody help instruct me? Because the alternative is you're going gonna go pay the dummy tax. Yes, you're gonna go pay the dummy tax Mm-hmm if I'm gonna go get us a rattlesnake out of my backyard What if I asked him first? Yes, if I go and just try it what's gonna happen to us in you're gonna get a bit 400,000 little hospital

Exactly nerve damage for us your life, but that's actually a super good illustration, right? Because if there is a rattlesnake in somebody's backyard, if they come at it without the proper knowledge, information, mentoring, tutoring, and that's where I think you're taking it to such a beautiful level. Because I text him just to encourage him all the time because he's helping not just what I would consider like lowering come people, but he's going after in the middle, in the highest level, to understand and to crystallize this.

And I really mean that. I think that life is using Dan in such a way for people to have a true understanding and revelation about money. I agree, man. I learned so much just being around them, watching them text all day and talk all day and interact with so many different groups of people that also involve money. And it's cool to be able to learn on these podcasts, learn from guys like yourself and

just be a fly on the wall forever Being a student and like you said, you know always saying I know I know you don't know anything Yeah, when you don't when you know you don't know anything. That's when you start knowing stuff. Yes, you know I love it man. I love being the students who this game Yeah, one of the guys I got to learn from Dan is Leia Cokka member him like what a what a legend with a boss. And so we did this exchange. I was only 28 when I first met him.

And he said, you teach me about spirituality and I'll teach you about money. I mean, what in exchange because he was just a monster. And he also taught me how to make deals. I'm a really good deal maker. Like I'm very silent at it, but I'm good. I'm good, but I learned from Ia Koka. And I think that for so many people, they almost got mailed like a guide on how to do something.

And then they did it without the mentor. But it's important to have the desire to be amazing, but man, we need to have the guides, the mentors, the teachers, the masters, who help us go to the next level. I agree. So when I say the sentence, tell me what you actually think about it. Yeah.

Money is the root of all evil. I would say that it is that is not correct. So what it says in the Bible is the love of money, but when they say the love it's the lust of money. And what it really means is the wrong motive towards money. So the motive is a key. So for what I do, I never looked to go make a lot of money from it. In fact, when I first got my first check when I was speaking, when I was 19,

I tried to give it back. It was $50. I'm like, no, no, I'm here for free. They go, no, no, Tim, we want to bless you with this money. I didn't understand it but my motive was so correct that you reap what you sow. And so it is the the greed for money, the the wrong motives for money that is not good for you. But money is good because money gives me leverage. Sure. Money allows me to help my mother.

Money allows me to help my family. Money has taken me a lot of places that I just paid for myself. So it gives us legal leverage. And amplifies yours as well too. If you're a bad person, you got bad intentions with money. Yeah. It's going to make you a better person. Yeah.

You know, if you have good intentions and you're a good person whatever you're doing I Love what you said because this is what we're seeing and So many people that are in the world In the media. It's not just in America. It's all over the world. You're like man They are really doing jacked up things Because they have so much money and their motives are so off Right, but, money is awesome. It gives us this legal leverage that we talked about. And I love the fact that we can help somebody. Like

if we see somebody in a situation, even on the DL and the download, we can just slide somebody some money because they're good-hearted, right? And it's not really a big thing to us because the money keeps coming into us. So whenever there's a waitress or a waiter that goes above and beyond, yeah, over, over, over tip. Yes. Because you can tell, right?

We were at GaryVee's event, the Vicon. Yes. There was a waitress there, pregnant. I was at Roger, our videographer, and. There was a waitress there, pregnant. I was a Roger, a videographer, and we're sitting there, and she's so sweet. And then like every five minutes, can I get you this? Can I get you this?

Wow. I'll go make it myself. All these things were just over the top. And so we said, what's the biggest tip you've ever gotten? She's like, oh, one time I got $300. Yeah. And she was like, I have to work day shifts now because I'm going to have the baby.

I can't work night shifts, blah, blah, blah. So we gave her 10 times that. Yeah. And it's a lot of money. It's full-fledged crying, bawling out of control. That is a different version of charity. Yeah. Because you find someone that you know is pure-hearted.

And those are the people that you go all in on. Those are the people that you support. And that money's not the world you're the her. You know what she's gonna do. Yeah, she can take her that kid She can take her that family. Yeah, that's the things like that touch my soul. Oh, I love what you said too because in that case He saw Dan saw a need And said, you know what?

Let me like feel this out for a minute and his heart was was saying, no, no, no, meet that need. And I think part of the thing where people are afraid to be givers is there's so much manipulation and so many scams, right? And one of the things I deal with, and we all hang out with athletes, is it's when their salary is out on the internet, it's amazing how many relatives want to borrow money.

Because it's Uncle's friends, cousin. That is the constant thing that athletes ask me like, Tim, do I need to do this? I say no, don't play God. And I mean that with all my heart. And they say, but that's my third cousin. No, no, no, let's get them some information. Let's get them to 100 per second. Yeah The stat is 85% of NFL athletes go bankrupt within five years of leaving the league

Comprehend that yes, because think about the simple ways that we can set them up for life You go get a four-million dollar you don't have to have $100 million. You go get a $10 million and a full contract. You can be set for life. Yes. Really basic stuff. Here's an example. Let's say you put aside 5 million of your 10 million and you go mess around with 5 million. Yeah. 5 million set aside. With just normal stuff that makes you 6 to 12% a year, it's called a 9% average, well 9% on 5 million, that's $40,000 a month. It's a lot of money. Forever. And you got to blow away your 5 million if you wanted to.

Like, I think that the league should step in. I think the agents and managers should step in. Because we've watched it that too many athletes are not able to take care of themselves because of the outside forces. Yes. Because it's uncle's friend's nephew's son that needs another five grand. It's not the five grand ones. Because that happens every week for the rest of their life because oh, you got it. Oh, you got it. Yeah. And then they build these big overheads. Eight grand a month, five grand a month, ten grand a month

to carry the shoes, to carry the pillows. Yeah. Like to drive the car. All of a sudden they're like, wow, I'm spending 60 grand a month. Oh, it's okay. Who cares? You make 10 the car. All of a sudden, they're like, wow, I've spending 60 grand a month. It's okay, who cares, you make 10 million dollars. 60 grand a month, a 720 grand a year. Net. Wow. That means you, 1.4 million, you've got to make it to cover 720. Yeah.

What happened if you do that for five years? That's $3.5 million. Just like having your friends take care of stuff. I like the way you can just break it down like that. You see that? He was like a rapper. Yeah. You would think he hung out with rappers. Just like having your friends taking care of stuff. I like the way you can just break it down like that. You see that? He was like a rapper. Yeah. You would think he hung out with rappers.

That was like a rap. I'm telling you. But I love what he's saying and what it does, it weakens the family when they see somebody go into the spiral. Because the whole idea of the leader of the home is to guide his family and guard his family. So the guidance is direction, the guard is a protection. So if we see our father going down in the area of finances, that does affect people.

And I see this in countries all over the world. So that's why it's so important for us to be on point and take the time to learn They say that almost 50% of divorces happen because of money financial related situations Well with over 50% of divorces Happening with just anybody that means basically one out of four weddings So one out of four marriages ending of her money. Yeah, we just think about the mask on that crazy like So one out of four marriages and over money. Yeah, we just think about the mass on that. Crazy. Like tens of millions of people get married every year and you're saying that 25% of them

are gonna divorce over money. We have to have this. We have to have discussions about money. We need people to have discussion with their family, friends, kids, employees, et cetera, about money because otherwise you're in peril. You're literally a one in four chance,'re going to get divorced. Just knowing about money. Question. Now we always talk about money and we always talk about how you make money,

how you invest money. Can you tell us how you invest in your spirit? I know there's a scripture that says, uh, you give and you receive. Yeah. You know, and God's like, you give one and you get 10 fold. Yeah. Can you explain how important is that investing your spirit? Yeah, no doubt about it. So there's an awesome scripture in the Old Testament, Daniel 11, 32.

And it says, the people who know their God, they shall be strong and manifest great things. This is huge. So the the Hebrew word for the word know is the word yada, which means to know that you know that you know. So the people who know their God shall be strong. So some people know God, but they don't know that they know that they know. Well, what's the difference, Tim? When you know that they know that they know. Well, what's the difference to him? When you know that you know that you know what's this, then you go from semi-persuaded that is able to midway persuaded that is able to fully persuade it. So when you really know God, okay, you will stand strong in your faith and then you'll manifest great exploits

So the knowing of God shifted my life Because I know that I know that I know that he is able to do what he said. Oh, yeah I have such a miracle mentality. It changed my reality Even when we didn't have money I thought like we did reality even even when we didn't have money I Thought like we did but then I executed like we did and I spoke like we did and I moved like we did That makes all the difference no doubt about it Why is it so important to you to speak at all these events and be a part of all these events and touch this many entrepreneurs and yeah

I think I think the interesting thing guys is I've lived like two different lives So back in the day It was like me and T.D TD Jake's in a couple other guys. It was like we were like in the top four rolling through the world. And speaking to crazy crowds, you know, I spoke to 85,000 people when I was only 28 years of age. And so like 30,000. Michael Jackson's though.

Yeah. 30,000 was like common and getting over 1,000 invitations for all these years. And it was probably about 10 years ago, the Grand Cardone, and I started dialoguing, and he put me up on a 10x stage. And I thought, this is kind of dope. I could be myself, a man of God, and yet used biblical principles to transform people's lives. And it was the reaction that I got.

People saying, whoa, like I felt your spirit like, dude, like for real, like you're like you're anointed. So that's what brought me out to where you guys are right now. So for those of you guys listening that I've considered speaking, there's different levels to it first You're probably gonna speak for free same way if you were a rapper producer musician artist a DJ you're probably gonna perform as a DJ for free You're probably gonna speak for free in the beginning until you build your personal brand then people start to pay you

$1,000 $2,000 $5,000 is kind of the average for a local speaker local business event etc As you start to escalate and build your personal brand you start to get following the king their help sell tickets $65,000 is kind of the average for a local speaker, local business event, etc. As you start to escalate and build your personal brand, you start to get following the king and their help sell tickets or help move the audience. Now your rankings start to go into 5,000, 10,000, 20,000, etc. When you start to get to that level, an event producer needs you to like move numbers, move tickets, something has to happen, right? So when you start to get to 25,000, 50,000, 100,000, these are celebrities, athletes, authors, best sounding authors, things

like that, those are going to start to get that at 25,000, 50,000 level. Now, some people start to get $100,000, $200,000, etc. Those are typically going to be celebrities. We're like household name authors, people on television, Tim's story can get $100,000 because he's spoken in the Zillian different times. Yes. It'd be for his friends, they'll do it for 25K or 50K just to be there. He's got this right. Right.

That's a local event. Yeah. Right. Got it down. And so I want you guys to think about this. You have to get really good at whatever you're talking about. There's a lot of people that we see that just want to be a DJ or just want to be a speaker or just want to be a rapper. Get really good at your talent. Get really good at what you're talking about. There's a lot of people that we see that just want to be a DJ or just want to be a speaker, just want to be a rapper. Get really good at your talent. Get

really good at what you're talking about. People get nervous. The number one highest fear in the world is public speaking. Yes. Number two, it's snakes. Yeah. Okay. How do you get over it? Learn everything about what you're talking about. So let's say you're really good at pickleball or you're really good at poker or you're really good at welding or plumbing. If I put you on stage, you wouldn't be nervous. You wouldn't talk about what you know. So if you're really good at real estate, you become really, really, really good at real estate and then you go on stage. What I don't want to see is these people that just decide today, I'm a speaker. Yeah, I'm a coach. You're not a life coach at 19 years old.

You're not a speaker. What 100%? Go get really good at the thing that you do. When I say really good, I mean, like, really good. Here's the thing. The internet has provided a way where you can get, become an expert, anything. Yeah. Right now, the three of us could learn about nails, hair, and makeup, and how to open salons.

And by next Monday, the three of us can open a salon chain. Yeah. You know why? Because there's courses, YouTube videos, there's podcasts, there's salon experts, and Tarzan, Tim Storian, Dan can open a chain of salons Monday.

Oh yeah. Because we would study everything about salons. You guys can do that without any industry and get really good, because the internet provides that value to you on a silver platter for free. That's so good. How powerful was that? It was so powerful. How powerful was that? So powerful. He's a

rapper all day. He is a right. It was spitting. He's spitting. That was like jazzy spit. I'm like a poet and I didn't even know it. Exactly. Okay, so let me let me go with that with with dancing. Is that okay? Of course. So there's a scripture in the Bible that says, do you see a person skilled at their job? They will serve in the presence of kings. So let's break this down. This is so dope. Skilled is what you just said. Mastering something. You see a person that's a master. The kings will summons you. So I never tried to ever be famous. People always say to me like, I want a life coach stars. Yo, I never tried to ever be famous people always say to me like I want a life coach stars Yo, I never look for one coach the lifestars

To coach stars right not not one started I look for but I was skilled at something So people look for you sure and the way I say it is build your spot and Life will put the spotlight on your spot build your spot like he got so dog on good they can't do without him. Do you know that? It's a master. It's crazy right now. He's gonna get even bigger globally. I'm prophesying over him. Okay. You're so good at what you're doing they can't do without you. Do see a person skilled at their job they will serve in the presence of the king.

In other words, they will be summons. I love that. Yeah. All right, so for the last segment, let's talk about charity. Okay. Why is it important that people add charity to either their personal life, their family life, or their business life?

Why should there be philanthropic? Why should there be charity? Yeah, so I believe in this. I believe that we should go from believing in miracles and a miracle is something extra ordinary, uncommon, not normal. Believe in miracles, and then we should expect them. Both of you have been expecting miracles in your life,

and your family's lives, and they're happening, because you got to believe you got to expect. Then you receive miracles, Then you become a miracle. So I think all three of us, don't we have a lot of gratitude about how we get to live life? For sure. Like for real, for real, right? Every day.

So you become a miracle, watch this. And then you begin to release miracles. See, that's a beautiful part. To where you believe, receive, become, okay? And then you get to that point where you start becoming a miracle releaseer. So really shouldn't be from the head. It should just be part of you.

So the Bible would say, and Jesus saw the people that were hurting, any move with compassion. He saw the people that were hurting, any move with compassion. And I think that that's how all three of us are. We see people hurting, and we say, you know what, I'm gonna release a miracle on that organization, or on that family, or on that tribe, or all those people, because we move in compassion.

Wow. Last question. We are in a crazy time in society. Yeah. The media's bombarding us. There's a lot of fiction out there in the world. What could you tell the people to stay calm in the midst of all the chaos?

Yeah. So some things in life you got to play it down and pray it up. And a sane of mine forever is don't get dramatic in the midst of the drama. All of us remember why 2K? Why 2k yo? I was a baby. I was like we thought we were all finished it. So don't get dramatic in the midst of the drama and you got to play it down you got to play it up and you got to realize that there is a way through and a way out.

Because God goes so far as to call himself the waymaker, that He will make a way where there seem to be no way. So that's where my faith is. My faith is, is that God is the author and the finisher of my faith. I'm not going to go anywhere before my time. And so I'm not going to get anywhere before my time. And so I'm not going to get dramatic in the midst of the drama. And I'm going to educate myself. I'm going to learn, I'm going to grow, and I'm going to rise up so I can help somebody else.

All right, guys, we're going to have Tim's story come back obviously because I can talk to him for six hours about this stuff. We don't want to be like Joe Rogan of three and half hour podcast. We just do 30 to 40 minutes to make it nice and efficient for you guys now We do have one request. It's very important Follow Tim's story follow Tarzan watch these guys on social media if you start to unfollow the noise in the media There's someone that's always posting drama click on follow someone's always complaining You can mute them if you don't want to follow. Just mute them.

That's the trick. But, stop watching this stuff. Start watching guys like Tim's story. Start watching people that are creating content, that are teaching about business, teaching about faith, teaching about passion and life, and not watch all this media and crazy noise. Okay. Have discussions about money.

Friends, family, followers, research about money, research about family followers research about money research about salary research about investing We just want you guys to share content like this look at the money Mondays calm see what we're doing here Go out there and share the message so that you can get more people talking about money and you'll be able to create more wealth Passion happiness with you your family your friends and followers. Thank you to Tim's story. Thank you Tarzan. We'll see you guys next Monday. Peace. Ladies and gentlemen, welcome to the Money Mondays. Where we talk about three things, how to make money, how to invest money, and how to give it away to charity. We have an amazing guest for you that knows about all those things. Marcus, his Instagram is at him 500. So I actually think about him not just as Marcus in my head. His name is at him 500. He

throws huge events as a huge group. He's going to talk about all these different things. But please, give him one round of applause while you're listening inside of your gyms, cars wherever you are, to Mr. Marcus. Appreciate it. Appreciate it. So if you could, give us the quick, what's the two minute background of who is Marcus Barney? Marcus Barney is, God from Stockton, California family, husband, father, philanthropist, business owner, somebody who trains entrepreneurs how to grow develop businesses out of their own pocket.

You have thousands and thousands and thousands of people in your group and growing. How did that happen? Why are they in there? Why do they pay to learn from you and your squad? Over the time, over the years we built a culture and kind of a community like a family base. Initially it started because I was just teaching people what I knew and it grew because of the culture of realizing that I don't know everything, but I know somebody who does. So I was going to get other experts to come in

and teach things and I made a community where people didn't come and sell them anything. It was just a continued dump of all the resources I can develop for them. I would develop those resources and giving back to them, pouring into the community, and the members in the community carried that same mantra. So they would do the things that I do. So all the members kind of built relationships, friendships. They stay at each other's houses like

As chapters across the United States and so we built that family type of field and that's what has made Chalked so many people it wasn't like I wish I can attribute it to me, but in reality is the members Telling other people to join telling other people to get in and the way that, you know, they made everybody feel welcome. What's the name of it? What do people pay? Like, what are the monthly yearly, like, what are the money, Monday? We talk about money around here. Oh, okay. That's the case. So listen, it was $3500. It was $5,000. I dropped it to 3500 for lifetime. Lifetime, not necessarily. So what happened is, is that, and that essence is that,

I was looking for a cream of the crop. I wanted people who were somewhat established could afford to pay $5,000. If you go for the pay $5,000 being a program, you have to have developed some kind of skill set to make money. You have a job that you've been consistent at. You got a okay budget or you have okay credit. You can pay for it. You're okay. I knew I had what it takes to take somebody who had those skill sets and take it to the next level. Over time what I realized is that, you know, you see the comments, what everybody can't afford to pay thousands of dollars, thousands of dollars.

And I looked and I said, that's fine. This isn't for everybody. It wasn't. Over time as we develop, looking at guy, I'm like, okay, I got 26 chapters now. Every city, we have enough support. Then I said, okay, let's bring in live coaching. So I went and hired staff to create curriculums. So we create our own in house curriculums that we get from experts on the topic. And we do live coaching calls. So now they paid $97 a month. We opened it up, or you can pay $997 annually or $9797 a month because now we have the support for everybody. So now we have the live calls. We have the app where everything happens in app.

It's not all unit Facebook group, you're here, you're there. It's no discourse, everything is in one place. All the video modules, the live calls, you name it all happens in one place. So now we can support people on that journey. So now we allow people to pay $97 a month. You can come in, we got live educators

that teach the courses live, get involved in the chapters, you know, come to the events, biggest events that you can name, we have Madison Square Garden, July. So, you know, is an apartment with EIL. So it's EIL University Power by Recession Pro. And we now even have something for the people who are doing, you know, my millionaires,

I have over 30 millionaires come out of a recession proof. And I'm like, well, what do I do with them after? I don't have anything. It was like, yo, go buy a mask from mine. Now, we've created the pathway because we're on your leisure, they have so many relationships with the Robert Smith and things like that, to where they we have the higher level to help people extend to too. So that's where we at now. So people can pay 97 bucks a month getting started. Even if you're multi-millionaire, you can still

come in, pay 97 and just get access to the network and what we develop. All right, so let's walk through some of the things you mentioned. You partnered with EYL with Earnier Leisure. Who are they? What is that and why does the merger work? So, with Earnier Leisure, they're a media company and they built one of the biggest podcasts and the biggest voices of our community when it comes to financial literacy. They launched, I invest says they have a huge event, they did 14,000. So they did 14,000 attendees. 14,000 attendees. I love it. Plus, this, this, not forget plus, right.

this, this, this, don't forget plus, right? And, but they had, they had a strong media component. I mastered and financial literacy space, the education component. So we both do conferences and events. Right. And, but my main focus was the education side. Their main focus is the media component and then their event. But they had education. I was going to start a podcast and start, let's say, well, y'all got one, I don't need one.

And so just in conversation, we were just talking about some of the principles and some of the things that they've done. And I was like, y'all have with everybody. Well, what's your doing with your university? It was like, well, a person who was writing it, I actually stepped away. Well, let's just put these two together. I was launching a new program, recession-proof university. They like, we can come together, build like this.

These are the resources that we have, these are the resources that I have. and we just kind of put our minds together and build it to what it is now. So, you know, it's legend there. Yeah. So, one of your events that I spoke at was here in Las Vegas, I think it had like 3,000 people at that event. Yeah. Magic Johnson, Mike Tyson, like, when you say Madison Square Garden so casually, you're talking about the biggest, most historic venue, not just in the country, but probably in the world. Like, how do you jump from a 3000 person type event to freaking Madison Square Garden?

So with Madison Square Garden, it's my first time ever doing an event open to the public. Nobody has ever been able to come. When you came to here in Vegas, people couldn't come. It was only for my community. And so it was a free event. Only my members can come. I've never opened it up to the public. And so what will happen is, is I'll notice that I will sell

more memberships and things like that for people who want to come to my events, but I will also be awaiting this out of thousands of people inquiring and trying to figure out how to get in. Well, next year, let's open it up to the public. Let's go big, you know, you don't gotta do it every year. You gotta do it once.

You know, these are just happy fence mass and square guard and things like don't got to do it every year. You got to do it once. These are just happy fitness lessons where it's hard and things like this. You got to do it one time. And for me, I'm like, OK, let's go. It's sweet in the middle of a recession. It's just going to rent the biggest many of them playing it.

Let's go. Let's go. We figured out, throw it out there. We figured it out on the way down. Let's go. So I made the announcement. The crazy thing is I made the announcement that we was doing Madison Square Garden

without the date locked in at the time. Yeah. And I'm like, yo, this is what we're doing. I'm sure this is where we're going. This is what is this build on the way down. So we're here now July 9th with being Madison Square Garden. Have you released any secrets or anything? Does anybody know anything about this event yet?

No. No. I just tell me nobody can hear us. Yeah. One thing we got is that we got a black tie. We got a black tie kickoff event. The event is on July 9th is the Sunday. The black tie kickoff event is Saturday. It'll be at the 40-40 club.

So I don't know who it would be here speaking. I don't know. We so work. All right. I have a couple of guesses. OK. I'm going to be in town, by the way, because I want to see what you do. I want to see the production of what happens there.

All right. So we're talking about how to make money. What are some ways that you think that people are missing out on how they can make money that's easy, kind of hard, whatever. But like, what are the things that people could be doing to make a little bit extra money? To make extra money. One thing is that a lot of times people don't make money, they don't even have to do anything they're not doing. They just have to reposition the way they look at whatever they are

doing now, right? I tell people is that my mindset with the recession, my mindset in our mantra is we should always make money three to four ways off of every opportunity. So no matter what it is that we do, it should pay you three or four ways. Example, the private jet. Yep. I bought a private jet, everybody says, oh, it's a good tax write-off. That's fine.

I'm not spending that much money on a tax write-off and I have to carry that big of a liability. That's a big liability. So I was figuring out, okay, I fly on private jets. So how can I make this make me money in multiple ways? So of course it was a tax write off, but then I also bought into a brokerage company, bought into the brokerage company, bought through them. When I launched the marketing and everything like that, it made money for my brand.

So personal branding online, the course, the teaching people how to get into jet brokerage. So I made money off the course adnet. I made money off to get into jet brokerage. So I made money off the course, add in it. I made money off partnering with the jet brokerage. I made money off of the actual jet chartering and managing it. And then I also made money off of my tax write off. So I made money for different ways. Now we're looking at exiting the brokerage company. Nine figures.

So at that point, you start to go, it made money in so many different ways that it had to make sense. So what I'll tell people is when it comes to making money, is that look at every single way that you can squeeze all of the juice out of whatever it is that you're gonna do. And that's just the, it's simple things.

I don't care if you, if you did, you know, Uber Eats, you know, I talk. And that's just the simple things. I don't care if you if you did, you know, Uber Eats, you know, I talk about the smart car all the time for people is like, you literally can build your credit. Go get a smart car for 200 bucks a month. Pay 200 bucks a month on a smart car to help build your credit report, put it on your just to have it reflecting on your credit. Have, you know, money Monday's on one side for 200 bucks a month and say, hey, I'll keep it in Metro Atlanta. It'll get exposed to 20 to 30,000 people every single month with it. Money Monday's in a QR code for people to go and subscribe. You'll be able to lead, capture everything off of it. And it's 200 bucks a month. Would you do it? Of course. Well, it's three sides to a vehicle. You got the back side and the passenger side. So 200, 200, 200, that's 600 bucks.

Well, now I say, well, how many kids you know need to go do Uber Eats, GrubHub, DoorDash, they wanna drive a vehicle. Well here, listen, you don't gotta pay for insurance, you don't have to pay for gas. I pay the insurance, nothing but 60 bucks and under 100 bucks a month. I'll also pay for gas.

This is a smart car you're using, natural land. So you got the car for 12 hours and somebody else has the car for 12 hours. Give me 300 bucks a week. Well, 300 bucks a week. That's 600 bucks a week from the two drivers. Two weeks. That's 2400. I mean, it's 2400 bucks in a month. 2400 bucks in a month plus a 600 on advertisement. That's $3,000. $3,000. That's $36,000 in a year. You got two cars you at 72,000 a year. The average household income in America makes 35,000. That's 72,000 in a year off of having two vehicles at the same time help them build your credit. You can go like swap police dot com and you know, just do a lease take over and only have the lease for a year. So that's easy.

It's a easy way to make money, you know, but that's the that's the live example of the mindset has to be a recession proof on no matter what happens. Because if you just went and got the vehicle and you pay 200 bucks a month for the vehicle Something happened you stuck with a lease now you lost a thousand dollars for 200 bucks you didn't make anything you lost money The whole thing is that we have to had that mindset of It needs to generate me capital for different ways at all times wow How can someone learn to be recession proof? EYLUniversity.com. You know, honestly, it's one of the things

that you study, you watch, and you just think, right, like, it's watching shows like many Monday's like, because now you picked up something for me, and you may add an all this episode, you may not care about smart credit Man, I care about anything you may take away. Hey, I need to Make sure things have four benefits a lot of times. I like it does it benefit me socially Like what will this do for my cloud? Credibility what does this do for me? Can I use this and can I do press on this? Can this be headlines for something that may help me with press to bring awareness to my brand? How can this benefit me the most?

So, as you got press, you got media things that can benefit you from a business opportunity, the actual business opportunity, ways that you can, you know, is there down sales, up sales, that you can elevate, is it different kind of businesses that ways you can make money, is just always have that mindset. All right, so we talked a little bit about how making money and how to make money and a really great trick about the smart car thing that's fascinating. Now, let's move on to investing money. What are some things that make you interested in wanting to invest into a person, a business

or a project? Can I make money off for four times. So when I look at things that I want to invest in is it up my, is it in my will house. Today I got presented with opportunity to invest in a, man, I don't know if I'm okay to say I'm fine now, supposed to say it. I got a man, I don't know, we'll see it. Well, I'm here. I got an opportunity to invest in a company, but it's around private jets. I'll say that. And it's dealing with private jets.

The reason why I entertain the, because I'm already there, I'm in that wheelhouse. Somebody else presented me with an opportunity for about restaurants. I hate the industry. I don't think they make money. They do make money, but it's a headache. Everything that comes with it is just like everybody says it's like a yacht. You know, buy a boat, best time. Two of the best days is buying a boat is the day you buy it, but they sell it. And so I'm like, everybody complains about restaurants

and so I'm like, I like the brand, but how do I benefit from it? Through your four different ways. And especially like a standard million dollar operation monthly on a restaurant and I go, how can I benefit from this? $1,000,000 operation monthly on a restaurant and I go, how can I benefit from this? So my thing was when I looked at it, I said, okay, can I have a party here?

A launch? Will that make me money? Secondly, what does this do for my brand? Being this owner just helps me diversify and being that entrepreneur who does multiple things? Not, oh yeah, these guys just sell courses, right? Instead of as my thing, I do a lot of different businesses, but you know, I want, okay, here's another business.

The other thing was the events, what can we do here to actually help me generate capital raise money? And for the investment I needed to make is that I don't like giving money up out of my pocket. So I don't like giving people like here's my money. So I was like, can I bring people in who will want to be involved in this? And then the capital that I do need a girl to actually invest how many events or little events can I do to just raise the capital so I can say hey I'll donate 90 days to this due this event this will be my investment and then alone that way I can

also give people opportunity to invest and sell percentage of of what I'm going to get. So if I'm in 10% for 2 million, can I give somebody 2% for a couple hundred grand? And then just work it that way. So that's the biggest thing I look at is how can I benefit the most and is the ways that I can be is Less I don't want to give too much of my money. I want to give it is least amount of money is possible. I really give my time Why is credit important? Credit is important is because a lot of us we don't start off with capital and in order to play, you have to have capital. The best businessman is the one who acquired the most customers. Right.

And that comes in marketing advertisement. Like you look at so many entrepreneurs that have big brands and things like that is that it's marketing advertisement. Some people are just great at marketing advertising. They have viral moments, but you know, you can waste your whole life thinking that you're going to blow up and have started my Druzki or you can invest and you can invest in your branding and your marketing and your advertisement, like in 500, because you have credit. And that's just the reality of it is that it takes money to make money. I tell people all the time I see entrepreneurs come out and they may have a successful year and they make a hundred grand and they're like, yo, I did this

with you know, no marketing. And it's like, cool, you made a hundred grand. You probably could have made two million. You just didn't have money to put into your brand to take it to the next level. Or your startup, your budget is lower because you didn't go out and learn the power of credit. Now, when you actually start your business, it takes you longer to actually, you know, your products and things like that. You don't have as many as somebody else, as starting off at the same time as you, you may start off with, you know, a thousand pieces.

Meanwhile, somebody else started off with, you know, a thousand pieces, me, lost my old started off with 10,000. It's so fast that you have more product, better fulfillment. They tend to actually a year from now, year where they started at and they 10 times ahead of you. So that's just the power is just always learning that to use somebody else's money. It'll always help you and then learn the benefits of credit. Like, not just for business, for making money,

but also like the perks. You know, I tell people, start now, I didn't leverage credit to travel and do things like that. I leverage credit and use my reward points and I pay for groceries. I didn't want to pay for toiletries. I didn't want to pay for my utility bills. I will literally use my reward points

to cover my expenses at home so that way I can be more profitable in my business. So I wasn't taking profits from my business paying for my overhead, paying for my living expenses, paying for living. I wasn't worried about taking trips, especially as beginning entrepreneurs, vacations and things like that shouldn't even exist and be worried about you should just worry about like, yo, how can I not pay for my living? If I live for free, all my money can be 100%.

So. All right. Why should people invest in themselves? Like why is it important to get a coach, read books, listen to the Money Monday's podcast, listen to EYL and earn your leisure, listen to that whole squad, like why is it important for people to invest in themselves?

Man, if people don't understand that, they watch you money Monday, they're crazy. But, you know, the thing that, and that's a good question, though, is because I don't think people realize, I tell people we got four decades to live. You only have four decades to live a good quality life and because under 18 you're dependent on somebody. Over 60 you're dependent on somebody. People are going to get mad and be upset.

Over 60 I don't know people that over 60 they're not dependent on nobody. They're self-sufficient and tell you tell them to go use chat GPT and set up a Twitch account, then they're dependent on somebody. You can't stay in the time. So between the ages of 20 and 60 years old are your best time, your best quality of life that you have to really be able to enjoy, to be able to flourish, to be able to be all that you can be. And so within four decades, I asked people, where are you at? And then between 20 and 30, between 20 and 25, you made mistakes and you're figuring it out, you learn a lot of people are tripping and bumping ahead. In 20, 25 to 30, they start to realize that wait, this thing is real. After 30, they start to to realize like, I'm glad I'm starting to get my credit together.

I'm budgeting. I got a nice set of stream of income and I'm trying to like build and grow. I may be working on purchasing a home. You start to take life more serious. And what I tell is that if you knew better, would it have made sense for your parents to teach you the lessons you learned from 18 to 25 at 12? See, if you knew a 12 year old can grasp the same concepts of budgeting, of bill paying, of the importance of money, how money works from 12 to 16. By the time of 16 to 18, they're operating

on where most 25 year olds are at. Guess what? By the time they're 18, they're operating on where most 25 year olds are at. Guess what? By the time they're 18, they're actually flourishing like a 25 year old would be, a 30 year old would be. And that's the power of is that if you don't know things, you just don't know. And then it's gonna take so long to figure it out. And then you're going through trial and error.

So by the time people usually turn 35, they're trying to fix some of those bad habits they established at 20 and 25, well guess what? It's people I hear who's already overcame those. And you look at, they say 1% of people become wealthy. I'm pretty sure majority of the people on money Mondays are in that 1%. They figured it out already. It's not called 1% for a reason. It's not common

It's not so you know for people to go out and build multi-million dollar businesses. It's not common So what I tell people is this especially in my community I say listen for a black person to go out and become a multi-millionaire and start a multi-million dollar business It's less than a fraction. It's not 1%. It's like 0.2. It's probably a zero before the two. Do you understand for somebody to go through that and figure it out already, your best bet is to go learn from them? Like your odds of doing it and figuring it out by yourself from what you were taught? It's zero to none. Nobody becomes successful without somebody helping them or showing them the way. Self every self made millionaire has been

taught by somebody who has followed the path of somebody whether it was a book, whether it was an example somebody said like I can come up here and say yeah I bought a jet I did this but the jet ideology came from Grand Cardone. That's reality where it came from. When I look at events, I'm doing Madison Square Garden, I've seen it in Do Marlin's day. I'm not gonna say, oh yeah, I'm just some genius in this, and this is this, no, I get ideologies and things

from other successful people. So you have to always be open-minded and look at people's journey and always detach your emotions from it. Always look to learn from journey and always detach your emotions from it. Always look to learn from people and be a capitalist. I want to capitalize off of everybody's opportunities. I want to capitalize off of everybody's experiences. I want to capitalize off of everybody's information. So no matter what you've done in these four decades I have, I want them to be, I want to reach the

pinnacle. It's highly enjoyable as possible, make as much money as much impact, give as much as possible in this small timeframe that I have. So we talked about how you make money. We talked about investing money. And the last topic is how to give it away to charity. So how do you decide what type of charity efforts that you like to support, get behind, have your own charity etc And why should people that'll be the second question? Why should people think about doing more charity more often?

One of the things I realized is that you We want to we make it into the one percent and we make it where most people don't The reason we make it here is because a lot of us, we're blessed with the ability to think or bless with the ability we own God's wake up lists. So we wake up every single day. Health is okay. And some people that just don't have the opportunities, they missed the opportunities. There's a lot of people out here in the, there's a lot of people who get put in unfortunate situations and that we've been blessed with the opportunity

to be that help and hand for people. You don't know how it makes somebody's day. I never forget $200 changed my life, right? It was one of the most impactful $200 I ever got in my life. I went through a break a breakup lost my job and was on hard times. My grandmother sent me 200 bucks. I didn't had condos Mercedes-Benz's no my family's not it's never been a thing where, oh, he's probably struggling.

I don't even know how she knew. I didn't tell her, no. I didn't communicate with nobody on, that would be able to communicate it with her. And she sent me 200 bucks and she said, don't ever be too proud to forget you have somewhere to go whenever that you can always come back home. I was living in Atlanta and I said Wow, I never told this story either, but I'm like wow like I Needed this money more than ever

like that money probably lasts in me two, three weeks. Dollar-maked chickens, like... Jack in the box cheeseburgers? Two tacos a night and I say. Or, and I'm like, wow, like, you know, and at that instance, I realize is that, as I started becoming successful and started making money, is that people don't have a lot of issues.

It's ways that we can help them with education, but sometimes people need a hundred bucks, 200 bucks, and a toy. Like my business, my brand, him 500. The first thing I ever did was Atlanta Clause. It's my first post on Instagram. I saved $10,000 and I gave it away. I just went and I did good deeds to middle class. It wasn't for the people who was just unfortunate.

I went to barbershops, I went to restaurants, I went to places where families were out and passed out toys. And the reason I did that is because sometimes the people who are doing okay, get overlooked. And they have, I'm working, but I'm living paycheck to paycheck. And sometimes I just need some gas. Some people low, you know, they're going to work and they're trying to figure out how they're gonna pay for gas.

I would go to gas stations and just give gas away. Literally, I saved $10,000 and gave it all away. And that was the best holiday he's not ever had. And that was one of the things when I realized, like, it feels better giving than it does to make money. And the impact, the smiles, it was, it's one of the things that kind of kind of pushed me to where I am today, to where I kind of always get that pride from, you know, kind of serving my way to success. Ladies and gentlemen, you have been listening to the Money Monday's, a couple of things.

One, I think it is rude to not talk about money. That's why I'm glad to have people like Marcus here that we can talk about money in an open format, open discussions, because we, a lot of us grew up, not a lot of us, all of us grew up hearing that's rude to talk about money. And I think it's the opposite. We need to talk about credit, finances, salaries, loans, savings, leases, rents, what, like there's so many things that we don't ever learn about. That's what the money money is for.

So I'm happy the market is here. The one favor, we want more people talking about money at home, the office at school, the gym and everywhere in between so people can understand money more. So if you could share this content, share this podcast, like and subscribe. Make sure to follow follow markets on all social media platforms. It's at him 500. And we'll thank you and we'll talk to you guys soon. We'll talk to you guys soon.