Rowderick Whitehead: How to Build a Billion-Dollar Business from Scratch | DSH #1482

Summary

Digital Social Hour: Episode #1482 Summary

Title: Rowderick Whitehead: How to Build a Billion-Dollar Business from Scratch
Host: Sean Kelly
Release Date: August 8, 2025

---

Introduction

In episode #1482 of Digital Social Hour, host Sean Kelly engages in an in-depth conversation with Rowderick Whitehead, a seasoned entrepreneur and financial strategist. Rowderick delves into advanced strategies for building a billion-dollar business from scratch, offering listeners valuable insights into corporate structuring, banking relationships, and leveraging financial tools to maximize growth and sustainability.

---

Key Topics Discussed

1. Understanding Scratch PubCo
2. Corporate Structures and Their Importance
3. Navigating the Banking System
4. Building and Managing Business Credit
5. Leveraging Financial Instruments for Growth
6. Lessons from Mentorship and Real-World Applications

---

1. Understanding Scratch PubCo

Rowderick introduces the concept of a "Scratch PubCo," describing it as the process of transforming an individual or a company from the ground up into a publicly traded entity with the highest possible valuation. He emphasizes that traditional business schools often overlook these strategies, which are instead taught in exclusive, high-level institutions referred to metaphorically as "Skull and Bones schools."

[01:04] Rowderick Whitehead:
"The Scratch PubCo is taking a person or a company from scratch all the way to a publicly traded company, which is the highest valuation of any company."

---

2. Corporate Structures and Their Importance

Rowderick elaborates on the significance of choosing the right corporate structure. He distinguishes between different types of corporations, such as C Corporations, S Corporations, and LLCs, highlighting their respective advantages and limitations in securing funding and managing liabilities.

[08:04] Rowderick Whitehead:
"If you want to have what they call a micro and a macro, right? So everyone should have a micro... and a macro idea that's going to get like Dr. Dre, this guy."

He stresses that a C Corporation is optimal for raising substantial capital, as opposed to an LLC, which is often perceived as riskier by banks and investors.

---

3. Navigating the Banking System

A significant portion of the discussion focuses on how banks operate as lending institutions rather than mere holders of money. Rowderick explains the mechanics of banking, including the concept of banks lending out money at a ratio (e.g., 10 to 1) and the importance of understanding this to effectively leverage funds for business growth.

[42:14] Rowderick Whitehead:
"They're lending that money out. So 10 to 1, right?"

He also touches upon how building strong relationships with banks and understanding their requirements can facilitate smoother access to large loans and credit lines.

---

4. Building and Managing Business Credit

Rowderick provides a comprehensive guide on establishing and enhancing business credit. He outlines the necessity of maintaining high Paydex scores, minimizing credit inquiries, and ensuring consistency across all credit reports. He advises against using personal information for corporate credit purposes, recommending separate addresses and phone numbers to maintain professionalism and credibility.

[29:53] Rowderick Whitehead:
"So you should go into Google and you should look up SIC codes that banks like or SIC codes that they don't like and don't pick the ones they don't like."

He emphasizes the importance of accurate and consistent data to enhance the corporation’s creditworthiness in the eyes of financial institutions.

---

5. Leveraging Financial Instruments for Growth

The conversation delves into sophisticated financial strategies such as leveraging bonds, securing letters of intent, and utilizing merchant accounts to amplify business financing. Rowderick explains how these instruments can be used to present a stronger financial position to banks, thereby increasing the likelihood of obtaining significant funding.

[63:43] Rowderick Whitehead:
"It's called leveraging. Make your money bigger than what it really is. And that's going to be done through a bond that you mature the bond, put that on the money and then put insurance on the bond in case something happens."

By effectively leveraging these tools, entrepreneurs can position their businesses to attract larger investments and sustain long-term growth.

---

6. Lessons from Mentorship and Real-World Applications

Rowderick shares personal anecdotes from his mentorship with John Noble, a wealthy businessman who imparted critical lessons about maintaining a business-centric mindset rather than becoming emotionally attached to the business itself. This advice underscores the importance of viewing the business primarily as a vehicle for financial growth and not as a source of personal fulfillment.

[14:31] Rowderick Whitehead:
"The business is just an excuse to get the money. The business is not really to do business. It's just an excuse."

He recounts how these lessons influenced his approach to business, leading him to establish successful ventures by prioritizing financial strategies over personal attachments.

---

Notable Quotes with Timestamps

• Rowderick Whitehead on Business Mindset:

  [08:04] "If you want to have what they call a micro and a macro... everybody should have a micro and a macro."

• On Corporate Credit Building:

  [29:53] "SIC code basically says it describes what you do... so avoid picking the ones they don't like."

• Understanding Banking Operations:

  [42:14] "They're lending that money out. So 10 to 1, right?"

• Leveraging for Growth:

  [63:43] "It's called leveraging. Make your money bigger than what it really is."

• Mentorship Insight:

  [14:31] "The business is just an excuse to get the money. The business is not really to do business."

---

Insights and Conclusions

Rowderick Whitehead offers a roadmap for ambitious entrepreneurs aiming to scale their businesses to billion-dollar valuations. His strategies emphasize the importance of sophisticated financial planning, understanding and utilizing corporate structures effectively, and building robust relationships with financial institutions. Additionally, he highlights the necessity of maintaining strong business credit and leveraging financial instruments to amplify growth.

A recurring theme in his discussion is the separation of personal identity from business entities, advocating for the use of C Corporations and specialized corporate structures to optimize financial gains and minimize liabilities. His mentorship experiences underscore the value of objective, business-focused decision-making over emotional investments in the company.

Rowderick’s approach is both practical and strategic, providing listeners with actionable steps to elevate their businesses while navigating the complexities of the financial landscape.

---

Resources Mentioned

• EconomicMasonry.com: Rowderick Whitehead’s platform offering free classes every Tuesday and Thursday to educate entrepreneurs on financial strategies and business growth techniques.

---

For entrepreneurs seeking to expand their financial acumen and build highly valued businesses, Rowderick Whitehead’s insights on Digital Social Hour offer a wealth of knowledge and practical advice.

---

Note: The timestamps correspond to the provided transcript segments and may vary slightly in the actual podcast episode.

Transcript

[A]

Please add up all the money if it says, if it says you need 500,000 or would you for your idea, double it. So you go in and you take your company, your corporation, because that's just for getting money. The money is just. The business is just an excuse.

[B]

All right, guys, Derek Whitehead here today. Pulled up in a suit in Las Vegas. The heat ain't stopping this, man.

[A]

Nah, man, this is my uniform, brother.

[B]

Let's go.

[A]

This is my uniform.

[B]

You wear that suit every day?

[A]

Every day. I don't care if it's 110. Damn. Yeah, man. I mean, the police have a uniform, you know, to, you know, the, you know, basketball, they got a uniform. When you're talking business, I try to, you know, if you're talking to Bezos, he's going to be usually in a uniform, in a suit, you know, Congress, they're in a suit. So I figure, you know, I might as well wear a suit.

[B]

Yeah.

[A]

Your business, serious business, you're, you're a.

[B]

Businessman, you help people make money, save money.

[A]

Yeah.

[B]

Fund.

[A]

Yeah, that's what I do. So what we do is, is scratch pubco. You know, I worked with some high in banks and, and I know what the banks want, so they should never taught me this. So I'm going out and I'm teaching, you know, what they call a Scratch pubco. So a scratch pubco is. What's a Scratch pubco? The Scratch pubco is taking a person or a company from scratch all the way to a publicly traded company, which is the highest valuation of any company. The highest valuation. So they call it a scratch nothing. Everybody's something. But taking a person from scratch, from nothing to a publicly traded company. Thus Scratch Pub Co. So you won't hear that on the Internet because this is usually stuff that's like Skull and crossbone schools.

[B]

Yeah.

[A]

You know, they teach a lot of people in like the, the regular business schools. You can have a PhD and they're not going to learn this stuff. Yeah, because this is. They teach people that go to the regular schools to work for big companies, you know. Yeah, but the, the people that talk about scratch pub codes, they teach them to run the world. So they come out of Harvard, you know, Princeton, you know, those big schools, call them Skull and crossbones school.

[B]

I've heard of this. Skull and Bones, right?

[A]

Yeah.

[B]

Secret society.

[A]

Yeah, secret society. But it's, it's usually the 15% they understand is in the 15% are basically workers so that they are meant to, to run the company for the 15%.

[B]

You know, 80, 20 rule, right?

[A]

80, 20 rule. Yeah. Or 85, 15.

[B]

Yeah.

[A]

It's getting this soon to be 90 10.

[B]

You think it's going more towards our.

[A]

Definitely, definitely. You got. You got stuff going down, like the great reset, you know. You know, quantum easing. And I'm an economist, so, you know, I pay attention to things like that.

[B]

Don't even know what that is. Quantum easing.

[A]

Quantum easing. That's like. If you notice, which most people don't notice, I'm a banker, so.

[B]

Yeah.

[A]

So if you notice they're taking the money back, they're taking the change back like they did in 1929. They took the money back. They said, hey, you know, I need money going to Bank. I got $50 million in the bank. They say, well, so I need to get payroll, so give me a million. We don't have it, sir. What do you mean you don't have it? We don't have it. Fed didn't give us back any money. They took it, but they didn't give it back. So that's what they do. They take the money back and they. They bring out new money, but they didn't bring out any new money. So people heard about that, so they went. Went for a run on the bank is what they call it. So they went in and said, I'm going to go get my money. Whatever's in there, I'm going to get mine. So everybody made a run on the bank and left everybody else nothing. So people who are millionaires and billionaires were all of a sudden broke. Well, that's what's happening kind of today. It's kind of what they call quantum easing. But they're not doing a run on the bank. They're taking the change back. If you notice, there's no change. Right. And they're switching it to what they call electronic money. But we've always been on electronic money since Nixon. So nothing to be afraid of, you know, 1970s Nixon. Nixon took us off the. Off the gold standard. Right. There's nothing back and back in the money is. It's what they call fiat money. So the quantum easing is they're taking all the money back and now they're going to issue you like a card, you know, that's quantum easing. Wow. Yeah.

[B]

Now that you said that, I haven't seen loose change just years.

[A]

No. You know, because. Yeah.

[B]

No, I use my card whenever I go to the groceries. Like, I don't use cash anymore.

[A]

Yep. So. So that's the new thing, you know, you have the great reset they're resetting the monetary system, you know, so things like that are happening. So what I do is, is I teach people to, you know, be prepared for some of those things and not be prepared for a recession. Not many people can really be that prepared for a recession unless they have huge amounts of capital where they can go in and say, hey, you know, if something happens, I have a backup to take advantage of what other people's loot up, other people's losses are. Right, right. So that's the smart way to do it. But the scratch pubco, it's, it's a, it's a good way to. How do I explain it? To take the three levels. The three levels. A lot of people say I'm looking for money and when they go out they say, I'm tired of working here, you know, I'm tired of working for this, making this guy rich. So they quit their job to take their 401k and maybe they'll make it, maybe they won't. A lot of people start businesses, but they don't have any money. A lot of people do real estate, but they're house poor. A lot of real estate, but they're not liquid, no liquidity. And so what they do is they spend all their money trying to get where they were trying to get, get to. And they don't know the rules. So as rules to this, just like if you drive a car, you know, if you don't understand the rules, you never read the rule book, then you're going to keep going through that red light eventually. You may work out a few times, but eventually you'll catch up to you because you should know you're supposed to stop at the red light. Well, there's rules to baseball, there's rules to football, there's rules to basketball, but unfortunately they don't teach us the rules. They should teach us since money is so important, you should, you should know this stuff in grammar school, in high school, it's almost like breathing, you know, if you don't have air and have money, you're really going to have a hard time in life. So.

[B]

All right, guys, Sean Kelly here, host of the Digital Social Hour podcast, just filmed 33amazing episodes at Student Action Summit. Shout out to Code Health, you know, sponsor of these episodes. But also I took them before filming. Each day felt amazing. Just filmed 20 episodes straight and I'm not even tired, honestly. So I would say they're very unique. It's going to be the future of health and medicine. Code Health has been awesome. Feel the drop and go code yourself.

[A]

My thing is, is to teach people some of the rules, right? That was, that were, that were taught to me, you know, I was, I've been very fortunate, very fortunate to be taught by some really, really bright, bright people in finance. And so what they taught me is, one of the most important things they taught me is this is a corporation. You get money to do business. You don't do business to get money. Wow.

[B]

That's not what they teach in business school.

[A]

That's not what they teach. They teach you how to manage other people's company. They teach you, you know, stuff like total quality management and all that. You know, if you want everybody to. Somebody doesn't come in today, this person could come in and take over, you know, you know, all that stuff. But basically, if you want to have what they call a micro and a macro, right? So a micro is somewhere between 500 to $1.5 million, you know, so. Because that's what they call, that's what they call an accredited investor, right? So they will vet you to see that you can lose $250,000 and not worry about it. If you can't lose $250,000, not worry about it, you're in trouble. Right? So an accredited investor should be, in my opinion, about 1 million to $1.5 million. So you could lose 250 and you could still not worry about it and move on, not destroy your family. So in order to do that, there's rules and pretty much the money is pretty much free. It's like a puzzle. It's like, it's like when you're, when you're born, they pour a puzzle out in front of you as a gift, right? Us is the bomb. US is the bomb.

[B]

Yeah.

[A]

There's really no place else on earth that you can do what I'm talking about except the U.S. really? Oh, yeah, yeah. Where else can you go? Have, take a corporation, a special purpose entity, right? Because certain companies are for special purposes just to get money. Certain companies, not an llc, not an S Corp, but a C Corp. And so where can you go and walk in a bank with decent credit and say, I want Willie to get some money? They say, you want some money? No Willie Corporation, not me. Okay. This says, well, where's your documentation? No, DOC stopped stated income. I'm not giving you any documentation. Right. And they say, well, since you're not giving me any, any documentation, who's going to sign for this and make sure I get paid? You're going to say, I am because I'm the personal guarantor. So now they say, well, okay, since you're the personal guarantor, we'll give you credit cards. So you don't need a personal guarantor for credit cards. So a lot of people on the Internet, they teach, you know, you go in and state an income and you go in and get yourself a $225,000 cards from Chase. Then you go in and get another two cards, 25,000 from Citibank. Then you go in and get another maybe American Express, you know, oh, well that's 150, 200,000. Well that's 100 air. So it depends on where you want to be. Dictates the game plan. Dictates the game plan. So if you walk in and you just want to go have a picket fence and you need some startup capital for your business, fine, go in and get yourself some credit cards. That's a hundred air. It's not a millionaire. Right. But in my opinion, everybody should have a micro and a macro. Right? So, so I ask people all the time, I says, you know, when you get the money, first of all, what are you going to do with it? Because the bank's going to start taking that money back for, you know, to service the loan.

[B]

Yeah.

[A]

So you should know what to do with it. And so a lot of people say, I don't know what to do with it. I said, well, when you come up with something, what, what to do with it, make be, make yourself a summary of not a business plan, but a business summary. So you can download that online, free business summary for free. You know, download that and follow every step. This way you look down like the eagle and not up like the rabbit. See, the rabbit goes one step to the next step. All he sees is the next step. But the eagle says, hey, I see a rabbit over there. I'm going to go get him. And the snake's moving slow. I'll get him later. So he knows exactly what to do. He says, you know, I can see all terrain. So that's what business people should do when they're going after their wealth. They should go in, do a business plan and act as though they already have it. I love it. You already have it. So now you're going to fill out that summary. See, because a business plan is when you have two years of taxes and you've been in business, you don't do a business plan unless you have two years of tax. Lie in business, you do a summary. If you don't have Two years of business. And of course we're going to go in and do a pitch deck when we want to play with the big boys and the big girls, right? So first thing is my opinion, and this is all from my opinion. You go in, you figure out what you want to do. Then you say, well, I want to be. I to want. I want to be a hundred air. Then you make a plan to get that, you know, 1, 2, 3, 4, $500,000. $900,000. That's a hundred heir. And so you go and you write your pitch deck and you say, hey, you know what? This is where I am. This is the name of my business. You write it all out and don't skip anything. And you say, this is where I'm going to be. I'm going to be in Vegas. I'm going to have my place in. In multiple states. How much is the rent? How many employees am I going to have? How many cars do I have? What are necessities? Add up all the money. And if it says. If it says you need 500,000 for you, for your idea, double it. Damn. So you go in and you take your company, your corporation, because that's just for getting money. The money is just. The business is just an excuse to get the money. The business is not really to do business. It's just an. I'll put it this way. I had a guy, a very famous guy, very, very rich, multi billionaire. His name was John Noble. He was a mentor of mine in San Diego. He recently passed, not too long ago.

[B]

R.I.P.

[A]

Yeah, yeah. And John Noble. And he said to me, he says, I had this chain of restaurants in San Diego. My first one, he walked in and he says, Mr. Whitehead? I said, yeah. I was struggling on the first. He said, what is it that you want? He had every accent. I said, well, John, you know, I love this restaurant. He said, you're too stupid.

[B]

I said, I hope you guys are enjoying the show. Please don't forget to like and subscribe. It helps the show a lot with the algorithm. Thank you.

[A]

I said, what? I said, yeah, he's about this big, you know, little cool Jew guy, right?

[B]

Yeah.

[A]

I said, what? You're too much or stupid? I said, what you mean? I said, don't fall in love with the business. The business can love you. I went home that night and I thought about it. I was like, wow. He said, that car can run you over. Because I had a car dealership. I went and got a car, got two car dealership, and we sell Jaguar, Mercedes, BMW, Bentley, 6920 Miramar Road, San Diego Plug. Let's go. So I said, he. I said, well, John, he says, when are you going to sell that car? I said, he said, you had that car for two months. So I love this car. He says, you're too much of stupid. I said, john, why do you keep calling me stupid? He said, called you too much. You're stupid. So I'm training you. You can't fall in love with a car. He said, a car can't love you back. It'll run you over and it won't even say sorry. It'll just sit there and look at you. He said, this business, you can fail and it won't cry for you. He said, so don't fall in love with it. Everything is to be sold. So every business should be built to sell, even if you don't intend to sell it. Wow. So that was a serious lesson I learned. So back to this thing. He said to me, what is it that you want? I said, john, I want a chain of restaurants. He says, and why are you doing that? I said, so I can sell food. He said, why are you doing that? I said, so I can. I can get money. He says, why don't you just go to the bank and go get money? I said, what? He said, why don't you eliminate the middleman and go get money? He says, who has more money than the bank? They print it. You can't have more money than the Monopoly game. They print it. They make it. I said, I went home again. I said, oh, man, this is crazy. So I went by. I said, called him next day. He said, I wasn't expecting your call, but you took too long, so you should have asked me right then. I said, so, John, can I ask you a question? He said, yes, what's the question? I says, how am I going to go and just at a bank and go get some money? I said, why everybody else doing this? He says, because everybody doesn't know. He said, and the game is to be sold and not told. So he said, the only way I'm supposed to be giving this information is if I'm getting paid or some philanthropy or something, you know, or I'm drinking. And lucky for everybody out there, I've been doing some drinking today. Wow. You know, that's just water. It's just.

[B]

What a story.

[A]

So he said this. You need to get a corporation. I said, john, I have a corporation. He says, what kind of corporation? I said, llc. He said, that that is not a Corporation. He said that is a limited liability and no bank is going to give anything to anybody. Limited. I said are you serious? What, what do you mean limit? He says that is for doctors. Risky things, Limit llc. He said, so banks are going and I give you very much. And then later on I started, you know, I became an auditor and I learned what he was saying was true. So the bank will not lend you money if it's risky. If it's risky. So when you look at Experian and everybody should have an Experian account. Yeah, right. $189 for a year to keep up with the business credit which is, you know, the five credit bureaus. Experian Business, Equifax business, Small business, Financial Exchange, Dun and Bradstreet and Paynet, Experian Business, Equifax business, Small business, Financial Exchange and Paynet and Dun and Bradstreet. I don't think I said that. Yeah, why should they know that? Because you should know what you want and where to go when you want the money. So let's say you want a chain of cars, you want a bunch of cars that do turo or something like that. Where do you go? You don't shoot an arrow in the air blind.

[B]

The Tri Lite from Therasage is no joke. Medical grade red and near infrared light with three frequencies per light. Deep healing, real results and totally portable. It's legit photo biomodulation tech in a flexible on body panel. This is the Trilite from Therisage and it's next level red light therapy. It's got 118 high powered polychromatic lights each delivering three healing frequencies, red and near infrared from 580 to 980 nanometers. Therasage has been leading the game for over 25 years and this panel is FDA listed and USB powered.

[A]

Bold and I hope it hits the target. You know as a CEO where to go. So if you want to get cars and equipment and phones for your company and and furniture for your business, you use other people's money, other people's ideas and other people's efforts. These are rules. So if you Follow the rules 99% of the time you more likely win. If you don't, you will more than likely fail sooner or later. So if you go in and use other people's money, that's the bank's money or investment money, investors money. Because a lot of rich people are lazy and they don't mind giving you money if you have a great idea or a great business. So we go in and we take. Let's say we want cars, we're going to go to paynet, that's who they're going to check. So you build up your Paynet, that's a bureau for the, for the corporation and you walk in, go get it, go to Ally and go get your cars. Let's say you want to go in and to like those store cards like Dun and Bradstreet. Not done Bradstreet, like Costco and maybe Home Depot. You want to go and you're a builder, you want to go in and get their stuff. 30, 60, 90 day net, you're going to go in and say build up your Dun and Bradstreet. That's not for money. So a lot of people on the Internet, they say go in and get your 80 pay decks. Well, an 80 Paydex is like an 800 credit score for your business. But you need five to eight trade lines to have an 80 Paydex, right? So a lot of people on the Internet, they say go in and get your uroline. Going to get your, your. Not your Euroline. They said no, they said get your uroline, get your quill. You know those little merchant accounts, those little accounts, you can use the card but you can't use it for money. You know, Costco. So when people ask me that, they say, Mr. Whitehead, I got my 80 Paydex. You know what's next? I said, really? Who the hell is going to give you 1, 2, 3, 4, $500,000 because you got a $50 damn quill? Nobody. Right? So, so they say, oh man, I saw this guy on television, he said, go and get these merchant accounts. You're quilling all this. And the banks don't even pay attention to that when you're talking about giving you money. So those are merchant accounts. Now if you want to go in, let's say, get an installment line of credit, you know, like, you know, and by the way, those credit cards are going to be Dun and Bradstreet. Build up your Brad, Dun and Bradstreet if you want those, those merchant accounts. Next, if you're going to go in and get your let's say line of credit, an installment line. That's, that's usually, that's what they call rate, what the, what the interest rate is and, and how long in term. Rate and term. So you go in, if you want to get an installment line, it's going to be rate and term. That's usually going to be small business financial exchange Small business finance, natural exchange. What they do is that's UCC1, UCC3. So let's say you go get a house or installment line, you get a house, pay it down, you're done. You go get your car, you pay it down, you're done. That's an installment line. And they're going to file in the city that you live in or wherever the corp is. They're going to file in the city county assessor's office. They're going to file what they call UCC1. That means we're in first position. So anybody comes after us, we're going to get our money first. After you pay it off, then that's going to be UCC3. That means they paid it off. Right? So if you want to get or installment line of maybe 100 million, 5 million, a line of credit where you get a line and you pay it down, installment line and you're done. Well, that's going to be small business financial exchange. So you go build them up. Now you can get the money. If you want to go in and say revolving, like you're revolving lines of credit, then that's going to be Experian or Equifax business. So you go in and build those two guys up and that's the revolving. That means you, you get a line of credit, you pay it down and use it again. It's revolving. So that's going to be Equifax or Experian. And then they may shift it over to small business financial exchange. Because small business financial exchange is banks talking to banks. Like they have something that's called plaid.

[B]

I use that.

[A]

Yeah, yeah. So you go on your plaid. Plaid is banks talk. Talking to banks. You know, the plaid I'm talking about, maybe the same one you're talking about, but I'm talking about plaid. When you go in and yeah, you. The bank says, let's get some bank statements. Let's see some bank statements. Yeah, you go give it, give them the bank statements. Then they go check it out and they say, well, they use plaid to make sure that they talk to other banks to see that that money is really there. Right. You know, so they get there. But very savvy, you know, they don't play games with their money. So you should know the five bureaus how to get the money. Now the next thing is you get money to do business. You don't do business to get money. So people go and they say, I got my llc. Well, you got your llc, man. I've been had an llc. Well, that's for risky things. So why do you have an LLC if you want money? Remember what John Noble told me? He said, do you want a business or do you want money? He said, if you could walk in right now and get 5, 10, 15, $20 million, would you say, no, I don't want that. I want to first go work for it and open up a business?

[B]

Hell no.

[A]

Hell no. Right? So that was some serious information that he taught me. And so I learned later on. I said, okay, so banks, they don't like limited anything. It's like walking up to a lady or a guy walking to a guy. I don't care. I'm just saying.

[B]

Pride month.

[A]

I'm just saying I don't care what it is. I'll just give an example, right? To each his own. So let's say you walk up, you're talking to somebody, person at the gas station, hey, you know what? We've been talking for a long time. I'd like to take you out. You know, we had a lot of energy, a lot of synergy. And he says, you know, he says, okay. Or she says, okay, you know, one or the other. I don't know. So then he says, the person, let's just say it's a. He says, but before I. Before I take your number, I want to let you know. Yes. Says, yes, she's. He says, I have liability. And that person looks at him like, what do you mean you have liability? What you mean you got liability? And then he says, and I also want to let you know, because I'm an honest person, yes, I'm limited. They looking at him like, what you mean you limited? What you mean? Is it. What's your problem? Right? So then the person says, you know what? I left us. I gotta go pick my baby up from school. What do you mean? It's 12:30 at night. What you mean you gotta pick your baby up from school? Well, here, night school. I gotta go, right? So, goodbye. You're never going to see them again. That's what the bank is going to say to you when you walk in. Talking about, I want money from my company so I can do business. They don't like risky things, right? So first thing is, is that's an llc, is for, like, doctors or like truck. Trucking. That's risky, dangerous. So they don't lend money to. They don't lend money to, like, real estate. Unless you got six final HUDs, because we do real estate, too. But unless you have six final HUDs, then you can go to bank and say, I did this as a business and I can show you on this hud. A HUD is when you go in and, and you have your name on the deal. Okay. So then the bank will take you seriously. But they don't like restaurants. I know I had a chain of restaurants in San Diego.

[B]

A lot of them fail.

[A]

Oh, a lot of them fail. But you know, I was again, I was taught by the best. I was very lucky to be taught. You know, you build them to sell. Right. And so they don't like restaurants, they don't like construction. Really, that's dangerous. They don't like trucking. So I would suggest to everybody to go out if they're going to do business, to go look up a sick code, a SIC code. SIC code basically says it describes what you do. And, and I should know. I used to teach some of these people.

[B]

Yeah.

[A]

So it's, it's an identifier. It says, let's say 53621. That means you're a trucker. And then the next number would be in the sick code would be what, what industry you're in. Let's say that's 36524. So I'm a trucking business. I drive a truck in the, the transportation industry. So that's how they decide what industry you're in, what you do, and are we going to give them any money or how much? So you should go into Google and you should look up sick codes that banks like or sick codes that they don't like and don't pick the ones they don't like.

[B]

That's great advice. It's pretty simple because I'd assume like marijuana is another one they don't like.

[A]

They don't like marijuana. So what we do is, is we build the corporation and then we put underneath the corporation what they call a special purpose vehicle. Not going to find that. Any. You can, you can look that up. Special purpose entity and special purpose vehicles. But I usually like this, the seven structure, because somebody's going to come after some of your money, right. And so that's why they have like holding corporations and corporate veils and things. So it's like a seven structure, I call it. Some people like this seven structure.

[B]

Yeah.

[A]

So you take the corporation that you're going to use with no specific name. Because remember, sick codes, they're going to look at the sick code. So if you lock yourself in a specific name, they're going to say, we don't like that. Or maybe we like that. So don't lock itself, lock yourself in the name. So you make. If you notice, Starbucks doesn't mean coffee. Right.

[B]

It's not in the name.

[A]

It's not in the name. Like Walmart doesn't mean cheap clothes. Right. Sony doesn't mean televisions or appliances. Let's say one more, let's say about Apple. Apple doesn't mean computers because they know better. That's why they do better. Right. So they don't lock themselves in. A sick code, a specific name. So the first thing is, is you say ABC Inc. Something means nothing. Yeah, Right. Once you name it some, that means nothing. That's going to be the C in the seven structure in the corner of the seven. Then you're going to have protection at the top that's coming after your money. So you're going to have a C corp. Then you're going to have the holding corp that holds the assets. So you're going to write a letter and say, everything we own belongs to you and you notarize it. Now you're straight. So they can say, well, I'm suing you. Well, okay, that's fine. But you're not getting any assets because we don't have any. It all belongs to them. And we made that agreement prior to you talking about suing me. Wow. So that's what they call a corporate veil. Then there's a super veil because we have a micro and a macro. So are we going for the baby money, which is our micro? Everybody should know what's going to get them that 1.5 mil. So they're an accredited investor. But everybody should say, this is a billion dollar world. They got a guy, they got a guy named Floyd Mayweather. He fought for 40 minutes for almost a billion dollars. This is not 1965 with a million dollars is a lot.

[B]

Yeah. Being a millionaire is not a flex anymore.

[A]

That's nothing. That's not a flex at all. So right now you have to have a micro and a macro. So what is your macro idea? What's the idea that's going to get like Dr. Dre, this guy. And I'm talking about people who come from modest beginnings. That's why I'm naming it. This guy sold earphones for a billion dollars. A billion dollars. You know you got people coming on your show with a billionaires. Yeah, Right. So that million dollars has played out. So why do you think, why would anybody think they can't be a billionaire? Because they don't have the knowledge. So what they do is look at the other people and applaud them or they get jealous. Right. Well, don't hate the game. Don't hate the player. Learn the game and be a player.

[B]

I love it.

[A]

You know what I'm saying?

[B]

Yeah.

[A]

So what we need to know is after somebody comes for that big money, I'm talking those guys hopping into the Range Rovers, hopping out those black suits and black four, five lawyers coming for your money.

[B]

Yeah.

[A]

Now you take the C corp, write a letter, notarize it to the holding corp. You notice you have bank of America holdings. You have, everybody's got a holding court that knows any better. Now you write from the holding corp to the, to the trust which is inside or outside the jurisdiction, United States. And that's going to be your super veil. And all the shareholders in the holding corp goes into the trust. They go into the trust. That's a super veil. That's what I teach, like basketball players and football players, people, a lot of money. Right. And so that's what you call your seven structure. So your seven structures should be. There's many structures, but that should be your basic structure. Now your C corp with no specific name. Now you take your LLC and you put that underneath your C corp as doing business as dba. Now you can name that anything you want and you can have as many of those as you want. Wow. So that's basic 7 structure, but people don't understand the difference between the companies. So the LLC is limited liability. Who's going to give you some money? And you talk about you limited. So that goes underneath the C corp. And you notice I'm saying C corp because that's the mama of corpse. Next people will go and they say, I have an S corporation. Hey, I'm, you know, hit the lottery. I love your business. I want to invest, you know. Well, you make money, I make money. Let's go. If I lose money, you lose money. Let's go. Well, hold on. I don't want to, I don't want to be a part of the company. I just want to invest. Well, I got the perfect thing for you. I have an S corporation. So people get S corporations. They don't know what it's for, but that's what it's for. You don't have investors what have an escort. Right. And that's not specifically for getting money either. Investors, right. So people do the S corp. They do the LLC as a pass through. Maybe they want to help out in taxes because you pay one tax bill instead of, you know, tax on the court because it's a person.

[B]

Yeah.

[A]

And tax on, or tax on the LLC and tax on yourself. So that's a pass through. Right? But pay your damn taxes. Stop running from taxes. Because the tax guy or woman in the bank, they're cousins. So when you go in and pay your tax, they say, okay, been a good guy. Now take this over to my cousin and let's see if he can give you more money. Because you, I, they believe me when I tell them you paid and you made this money. You can have financials, you can have whatever you want. Okay? But if you have taxes, they believe them.

[B]

Well, I didn't know the IRS was working with banks like that.

[A]

They're cousins. I mean if you go and file your taxes, 45 or 6 Ts, that's what the bank wants. You can get those credit cards, you know, with, with no DOC stated income. Wow, that's one to $500,000. Damn. But after you do the credit card, you got to file your taxes. Two years of taxes. So you can go full doc. Full doc gets you that $500,235,000,000. Yeah.

[B]

I'm going to talk to you after this. I just filed my second year returns, man.

[A]

You ready to go? Yeah. You know, so what they do is they file. They don't. They say, I'm hiding my tax money, I'm not paying this. If you pay me in cash, then I can give you a break on this and you better pay the taxes because the bank is going to say, how much money are you making? If you're making $10 last year and you made 20 this year, that's great. Then we see you're making money. We see you're making money. And so there's a lot more to it. But they had a guy named Donald Trump.

[B]

$0.

[A]

Now I'm not pushing Trump. I ain't push. I stay out of their politics. Smart. You know what I'm saying? I ain't got nothing for what you do.

[B]

Smart.

[A]

I ain't got nothing to do with their politics. You know what I'm saying? I'm about money. Yeah, right. So, but I'm just mentioning him because they asked him for his taxes last term, right? He said nope. I said give him up. He said nope. And so finally they got it out of him and they found out I think he made like 20 billion just in the US and they, they said, I think they said he paid tax on like he paid 75,000 on 20 billion. Everybody got pissed. He said, I can't believe it. You Know this guy is paid. Look at those rich people. He said, don't blame me because I go by the law. I know the law. So I found that to be quite unusual. Like really. So the thing is, if you understand the rules, you don't have to cheat the irs. You get yourself a CPA and you stay in your lane. Pay your taxes. He's responsible for your taxes. You're responsible as an officer of the corporation to take your company to higher levels. Stay in your lane. Right? Yeah, so. So the point I'm getting to is, is that we need to have not an S Corp, not an llc, but we need to have the special purpose entity. Corporation is a person. I'm a person, you're a person. They made a piece of paper a person, right? And they said, you know what? We're going to make everybody else think they have to work for the money. But we're going to go in, everybody walks in on Friday. Now tell me if I'm lying. Tell me if I'm fucking lying about maybe children, but tell me if I'm lying. People walk in on Friday. They put all their money in on Friday. Yeah, all of them are in it and they say, thank God it's Friday. Thank God. And they brag about it. They say, I'm going to eat at Fridays. Right, Right, Thank God. And some of them say, on Wednesday. Oh man, it's hump day. Yeah, hump day. That means you got two more days. You dread that going to work Friday, they come in, they tired, they in the line, in the corp. In the bank, taking their companies to the bank, their money to the bank, give it all to the bank. The bank gives them a debit card. People like me and other folks who have money, they know the bank is a lending institution, not a hold your money institution. So they think the bank is a hold your money institution. But. But call the bank and say, Mr. Bank or Mrs. Bank, I want to ask you a question. Yes. Are you a hold your money institution or a lending is? They may hang up on you.

[B]

They're lending that money out. So 10 to 1, right?

[A]

Oh, if I was getting to that, I was getting to that. So watch this. I walk in on Wednesday, 10 o' clock while everybody's working and all the rich folks, in fact most of them have the bank come to them. Yeah, right. So chase that like Chase and what other banks they have. Like at 150,000 you become a special banker, right? First of a person. So. So you walk in the bank and everybody's working And I say, and every time I walk in there, they say they know exactly what I'm going to say. I say, excuse me. Excuse me. They say, yes, Mr. Whitehead? I says, I want to ask you a question. Come here for a second. He said, yes, Mr. White? I said, I want to know all those people that put the money in on Friday. Put all that money in. Yes, Mr. Whitehead. I says, can I and Willie Corporation get some of their money out so I can build a big business and hire them and pay them with their own money? Can I do that? And they say, yes, you can, Mr. Whitehead. I said, well, me and Willie will be right over here. Because the bank is a lending institution. Why would the bank give you this money? Just like you said. Do you know if you put $1,000 in the bank or if you sign for a loan? $1,000. They have nine times that amount of money as soon as you sign for it. Wow. Imagine. Imagine. Imagine if you gave me a dollar and I turned around and you sign something, and now you just had nine times that amount of money. I'd be looking for people around the world to give a dollar to. That's the bank. So why are we running around here talking about, ooh, ooh, ooh, look, Ferrari. Ooh, ooh, go to the bank. Oh, oh, he got a mansion. Ooh, ooh, ooh. He got a $400,000 watch. Ooh, ooh, Go to the bank. This ain't my watch. It's not even my jacket. It's Willie's jacket because Willie owns it all. Wow. I just control everything, and I own nothing. So it's not amount. It's not about how much money you have because the bank doesn't care how much money you have. People bragging, I got $50 million. I say so as a banker. So what I want to know is, what's your company worth? It's not what you have. It's what you're worth. And why should you own all? You know, the capital gains you'll pay on all this money you supposed to have. If you're in Cali anywhere, you got to pay federal taxes right on these gains, capital gains. So Willie corporation owns everything. I don't own anything. Bezos doesn't have 150 billion. He don't have that in the bank under his mattress. It won't fit. That's what he has. His company is worth Amazon. Oprah doesn't have 6 billion, 7 billion underneath her bed. It won't fit. That's what the company is. I think she has own and Harpo. That's what our company is worth, right? It's worth.

[B]

Yeah, you don't want money in your personal name, right?

[A]

Why? Maybe a little bit. So, you know, you go out and go buy some hot dogs, you know, you want to go buy a chain or, you know, something for your girl or something, you know. But no, you control everything and own nothing. So the C Corporation, they made everybody think they had to work for this money, when all they had to do, like John Noble told me, go to the bank and get some money. The business is just an excuse to get the money. They need an excuse, see, because people are under moral law, thou shalt not kill. Thou shalt not do this. You know, put your hand on the Bible and thou shalt not do this. And when the. And all money is in Latin, right? E pluribus unum is on the dollar bill. Out of one comes many. So don't you want one out of many? Well, that's on the dollar bill. So it's in all in Latin. And it's under water law, not moral law. That's why you have currency and liquidity. You put your money in a bank. That's where the land and the water meets a bank. So it's under water law. So they have. You can go out, take everything off somebody's ship in the ocean, neutral waters. You can take the bounty, the booty, the gold, everything, right? And you go back and say, yo ho ho and a bottle of rum, having a drink. And you walk in the bar and say, arrest that guy. You know, he stole everything off my ship. He's going to say, you can't do anything to me. I did that in the water. No laws in the water. Wow. That's why they put this thing, made it a person, no liability, and it's under water law. See? So when we go in, we go in, we get the corporation, we say, this is how we're going to get the money. We're going to get a C. Corporation. That's for getting money. Nobody, they don't tell you this. Nobody tells you this, but bankers know they walk in. Everything you have, it has. This is the good standing letter. If the police run your ID or law enforcement, they say, you're not in trouble. This is that good standing letter that says I'm not in trouble. You have a birth certificate. These are articles of incorporation. It says, this is who I am, where I was born, and I'm going to abide by all rules applicable to me. Articles. That's his Birth certificate. Then after that, you go and apply for an ein number. That's for taxes. That's just like you. You have a Social Security number. That's what that is. So it's a person. Now, after you get those three things, now you go and walk in the bank with your ID and your social and you open a bank account. When you open the bank account, maybe you want to borrow from them. You put a little bit of money in the bank so you can have a relationship with them. You're gonna walk up to me and say, hey, man, I'd like to borrow some money. Like, I don't even know you. What do you. Who are you? No, right. Well, I have money in your bank. That's who I am. Oh, that's right. I remember you. Come on in here. You speak Latin. If you notice, the judges speak Latin. You know, I'm an expert witness in court. So the guy says, real story. He says, your honor. The judge says, who's representing you? He says, I'm representing myself. And I'm sitting in the back just waiting for him to call me. So I said, yeah, I specialize in this. I specialize in this. He's paying me. So he's right, right. So the guy says, judge says, who's representing you? He says, I'm representing myself. He says, hold on, hold on, son. He says, you know what? I think you need to go get and representation. So I'm going to prolong this. So you go get representation. He says, why? He says, because you don't speak Latin. Wow. He says, what you mean? He says? He says, how do you know that's what he said? True story. How do you know what I speak? He says, because you said, I am here representing myself. In Latin, it would have been, I am here proper. Whoa. So you are not going to do well here. So I think that you should get somebody to represent you, like an attorney who went to school to learn Latin. And so a old guy taught me again, a little guy taught me, you know, and he said. He said, money is in Latin. I was like, in water law. And so that's how I figured out. I said, is that right? So when I heard this judge say that, he said, we go to school to speak Latin. And the same guy taught me. He says, when the judge comes, what walks in? He says, all rise. Here come the judge. And he says, everybody can sit down. Everybody sits down. The judge sits on the bench, right? The bench. Do you know that bench in Latin means bank bench? So it's all Latin. So they used to speak Latin back in the day, the rich folks, and then they spoke Aramaic, the poor people spoke Aramaic, and the people spoke Hebrew. Well, today the same thing speak Hebrew and Yiddish. And the poor people, they speak English, which is a poor language, right? A romantic part of Latin. Poor language. And then Latin is still on your money. It's the high language. So what I'm teaching you right now is Latin. Love it. So when you walk in the bank, they know whether you speak Latin or not. Right away, they can tell if your company is built, right? And that's going to bring you down in money. So as a person, you can go in and they'll give you maybe about 100 points approximately before they say declination. That means no, no. As a corporation, it doesn't have to eat, it doesn't have to sleep, doesn't have to do any of that. And it can happen. Millions of people working for it. So they'll give you about approximately 50 points to go down because they know you can wiggle out of that situation, see? So if you go in and some people say, how do you wiggle out that situations, Mr. Whitehead? Everybody wants to know that, right?

[B]

Yeah.

[A]

I'll save that for a minute.

[B]

I love it.

[A]

So they go in, they say, we got 50 points. So what I try to teach is data points. That's banking. So you listen to a lot of people on the Internet, you know, they teach you about this and that, and they're like Internet gurus. They went to the seminars, and they went to all the webinars and that gurus. But they teach a little of this, a little of that. But I happen to know banking. So that's who you want to admit. Press the underwriter. So what they want to see are data points. So what I'm talking about right now are data points, right? So the more data points you have, the higher you up there. So if you walk in there, for instance, a data point, you. They may say, okay, what's your credit like? They're not looking for a credit score. That's personal. They'll deal with the credit score, you know, and few other things. They're looking for a fico. So a FICO is going to be comprised of many things, not just a score. So a fico, so you can be a good pg, get the money, then get out of the situation. Say, for instance, if you go in, you have your driver's license. Look at your driver's license. If you have John Harris on your driver's license, it should be the same thing on all three other bureaus. It should not be John J. Harris. It shouldn't be Harris J. Those are considered aliases. Wow. So you should only have one name on your report. Because when you walk in the bank they say 50 points, you're trying to fund Willie. Okay, bring it up, the 50 points. Let's see. Oh, aliases. Then they say, how many addresses do you have? If you don't have. You have whatever's on your ID is what should be on your, on your three credit reports. Right? Three credit bureaus. Those are, by the way, not bureaus. Those are data furnishers. A lot of people call them bureaus. The real only bureau is cfpb. So if you want to go in and get your credit together, you go in and you go in and first you know, go in and say this is inaccurate with a FTC affidavit. This is not like a game. This is what the government, this is what the government put out there for you. So if you feel as though it's inaccurate, you go in and file an FTC affidavit, fill everything out and then you send it in with a copy id, copy of social, and watch it come off. Wow. Stuff come off. But if it doesn't all come off, then you go in to the enforcer. See, those are not bureaus. The bureau, those are data furnishers. The bureau is what they call cfpb. That is a enforcer. So then you write a letter to them and say, these data furnishers are jerking my ass around. Right, Right. So, and then they will straighten it out. They say, hey Ali, I'll straighten it all out. Right? So that's just a side note, but let's go in and talk about how they get the money and get out of it.

[B]

Yeah.

[A]

So you walk in and you say, okay, what is your fico? The FICO is going to be like I said, one name, one address. And stop putting your. Stop, stop putting your, your address. I mean, your, where you work on your credit report. That's ridiculous. Because let's say you say I, I work at Walmart. All the bank knows is Walmart. They don't know you're like the district manager of Walmart.

[B]

Right?

[A]

So they're going to lock you, they may lock you into an area and say, yeah, 15 million, $15 an hour, right? Yeah. We're not going to lend you $100,000 million dollars. So stop putting that on your, on your credit report. Stop giving up information. The next thing is, is maybe you have you know, like late. You can't have lates. You can't have any of that if you're funding Willie, because they know you can wiggle out of that situation. So if you go in and you get your credit together and you have those, you should have five to eight trade lines. No less than five trade lines on your corporate. On your personal credit before you talk about getting some real money. Five. At least five trade lines. And no. And no more than three inquiries. Mm, wow. Should never have more than three inquiries. If you have more than three inquiries, you can forget it. Damn, you're not getting that money. Right. So these are data points. So we have to do is. We have to learn data points. Next thing is a corporation is a person. So if you're going to use your personal address, you may can get credit cards with those things. But I don't even like to say that. I like people to start out doing it the right way. So get an address. And not a UPS box, not a, you know, mailbox, et cetera, you know, because the bank is going to look down and see on Google Maps and say it's a damn mailbox, etc. Right?

[B]

Yeah.

[A]

No boom, boom, boom, boom. Data points down. And so you don't want to have that. You don't want to be using your phone because that's your poor cousin. The corporation asking to use your phone, it needs its own phone number and not voiceover ip. A lot of people make that mistake. So you should have an address that is in the best. Now this is important. You should have an address that's in the highest zip code that you can find. Wow, that's smart. Because remember, money is under water law. This is the wild, wild west. This is gunslingers. I ain't got to abide. I don't have to do that. Right. You know, people are under moral law, you know, a lot of regulation. Corporations are not under a lot of regulation. So they don't lend money to the hood.

[B]

Makes sense.

[A]

I'm just saying, imagine this. You ever. You ever. You ever noticed that in the hood they don't have like a lot of dental offices? And you know, unless it's like some city stuff, you know, they don't have that. Why? Because they call that a high risk area. They don't lend the high risk areas. That's why on your credit report, Experian or Nav or Dun and Brad, which I like going Experian. I think it should be better. I know about better, but most efficient.

[B]

Yeah.

[A]

So you go in, you get yourself. You get yourself an Experian report. What are you going to see? You're going to see two circles. And over here, a paydex score. Over here is going to be your rating. So that should be one to two. It has like a circle like one all the way around, like 10 or something. It should be one to two, your rating or your right. The next is going to be your risk factor. That's the next bubble, and it's going to be one to two. And then over here is going to say your Paydex score. And you should have no less than an 80 Paydex score. Now, 80 Paydex score is kind of like. It's kind of like a 800 credit score, right? So if you have that, your corp looks good, but now you personally or a person that's trying to borrow should have no derogatories. No less. No, no less than five trade lines. No more than three inquiries, right? And a lot of people say, well, I got four trade lines. Well, then go into Navy Federal or go someplace and do a pledge loan. Say, hey, I want to borrow against my own money. Yeah. So what they'll do is they'll go in, you put $500, 5,000, whatever, a million dollars if you can, whatever you can afford. And you say, I'd like to borrow against my own money. So after about three weeks, you take the money and pay it back, pay it off. You got an excellent trade line, right? So that's just one way of going in and getting yourself another trade line. Because they only have four. Well, now you can go in. Now you have five. Right. So there's lots of things like that to do that are legal.

[B]

Legal, absolutely.

[A]

So the next thing is you take this corporation and you say, I want to come in and borrow money. They say, you, no, not me, Willie. And the game is it's not me, but you do everything you can do to pay that money back. So how are we going to do that? We first want to get ourselves out of that situation of being a pg, because if you don't get out of that situation, you will be asked to PG everything from on. I know, teach some of these people, right? So they'll say, okay, here's a hundred grand because your FICO looks good and your. You don't have any derogatories. And the corporation looks good. It has all these good data points, right? And so you put those two together and you say, I'm going to get credit cards. First. I want to get one, two, three, four, five, Hundred thousand dollars in credit cards. But you see online they're talking about credit cards stacking.

[B]

Yeah.

[A]

They're not bankers. So you go in and they go in and say get all these credit cards so that you can go in and get your business. Get to get the money you need for your business. First of all, what are you going to do with 2, $300,000? Nothing. That's not even a watch. Okay. So you go in and leverage your money before you even start talking about doing business. Okay. It's called leveraging. Make your money bigger than what it really is. And that's going to be done through a bond that you mature the bond, put that on the money and then put insurance on the bond in case something happens. So now you're covered. You have to, you have to make your money bigger. And then you can do things like, you know, letters of intent. You can get a letter of intent from, from another business that says we intend to do business with you. $500,000. Deal. Sign it from a legitimate business that's hooked up with Dun and Brad. Right. Or bundle Bureau's. Take that to the bank. The bank says, oh, you only got 200,000 but you're expecting 500, your money's bigger. What about a proof of funds? What about a bond? That's how they pay. That's how they pay basketball players and actors and football players. They say, Jordan, I'm going to give you $100 million in 10 years. Do you think the owner gives Jordan most of the time $100 million? No, he takes $10 million. He gives it to a bond insurance company. Three Star Insurance Company. Has to be Three Star, legitimate, fidelity or somebody.

[B]

Yeah.

[A]

So give that money to them. They're going to take it and invest it and make 10 times that a month. So they don't mind giving you for letting you use you, for you using their. They're letting you using. You're letting them use your money. They don't mind giving you 10 million every year.

[B]

Yeah.

[A]

So the bond matures and you're done after 10 years.

[B]

That makes sense.

[A]

So they say. And you just pay a little bit on the bond every month after it matures. So you think the bank is not going to say. So you mean to tell me you got a million dollar bond that's going to mature in five years? Yes. More. It looks more. It looks a lot better. So you go in, you don't just go to get 2, 3,000, $100,000 and think you've hit the lottery. You leverage the money first. Make it bigger. Move it around in different banks. Why do you got to have one bank account when you're going to have five? See, it's about borrowing, making your business have value. I love that.

[B]

Derek, where can people learn from you how to, how to do all this?

[A]

Well, they can learn that from economicmasonry.com we have a free class every Tuesday and Thursday for free. Because I think people should learn this. I used to be on you until like 1, 2, 3 o' clock in the morning. Damn. Like, yeah, just teach it.

[B]

I mean, I learned a lot today. Thank you for coming on. I can't wait to do some more stuff with you. We'll film another one too because it sounds like you got a lot more to say.

[A]

Oh man, I can talk this for six months.

[B]

Yeah, dude, thanks a lot, man. Check them out, guys. If you're interested in funding, shoot him a message. Check out the site. I'll see you next time.