Going Big! Podcast Summary

Episode: Financial Freedom & Bold Vision: Rev. DeForest “Buster” Soares on Breaking Barriers and Going Big
Host: Kevin Gentry
Guest: Rev. DeForest “Buster” Soares
Release Date: February 10, 2025

Introduction

In this inspiring episode of Going Big! with Kevin Gentry, host Kevin interviews Rev. DeForest “Buster” Soares, a multifaceted leader known for his impactful work in financial literacy, civil rights activism, and pastoral leadership. The conversation delves into Buster’s personal journey, the inception and success of his organization D.F.R.E.E., his views on mentorship, the intersection of faith and social justice, the importance of relationships, and his vision for overcoming contemporary societal challenges.

Overcoming Personal Barriers to Success

Buster opens up about a pivotal moment in his life that transformed his approach to challenges.
“I had a contract to write a book for 18 years... I was incapable. It wasn't until I actually believed that if one person read the book, this was important enough to write that I was able to write the book.” [00:00]

This realization that his fears of insignificance were the primary barriers allowed him to accomplish what seemed impossible for nearly two decades. His perseverance led to his books being utilized by thousands of individuals and churches, highlighting the profound impact of overcoming self-doubt.

Founding and Expanding D.F.R.E.E.

Kevin shifts the discussion to Buster's role as a pioneer in financial literacy through his organization, D.F.R.E.E.

“By 2005, it was clear to me that we needed two things... a personal, theological, institutional alternative to some of what I considered to be the scams in the pulpit. At the same time, I needed a healthy approach to increasing the revenue in my fast-growing congregation...” [06:02]

Buster explains that D.F.R.E.E. was born out of a necessity to address financial challenges faced by his growing church and a desire to counteract the prevailing prosperity gospel. His program focused on debt elimination, timely bill payments, deficit living avoidance, and ultimately, fostering financial freedom. This initiative not only stabilized his church’s finances but also shielded his congregation during the 2007-2008 financial crisis.

“We are in about 5,000 churches around the country... financial freedom more so than financial literacy.” [11:37]

D.F.R.E.E. has since evolved, incorporating modern technologies and expanding its reach, demonstrating Buster’s commitment to adapting and growing to meet contemporary financial challenges.

The Importance of Mentorship and Leadership

The conversation transitions to the critical role of mentors in personal and professional development.

“Mentoring essentially becomes a part of the human responsibility that we have a duty to serve each other.” [25:27]

Buster emphasizes that mentorship is not unidirectional or limited by age. He advocates for a diversified mentorship approach, where individuals seek guidance across different areas from various mentors, ensuring well-rounded personal growth.

“No one person can mentor another person in every area... it's important to have mentors in our lives and to be a mentor.” [28:28]

This perspective underscores the necessity of building a network of mentors to address the multifaceted nature of personal and professional challenges.

Intersection of Faith and Social Justice

Buster shares his profound experiences as a civil rights activist and pastor, illustrating how faith drives his commitment to social justice.

“My faith requires that I demonstrate my disdain for that crime the same way people would expect me to do it had it been a white cop shooting a black kid.” [34:39]

He recounts his strategic approach to handling incidents of racial injustice within his community by fostering cooperation between the church, law enforcement, and prosecutors, thereby minimizing the need for protests. This method highlights his belief in moral consistency and the power of building strong community relationships to address and resolve injustices.

“Righteousness is personal morality, and justice is institutional morality.” [34:39]

Buster advocates for a balanced approach where personal integrity complements institutional reform, ensuring holistic progress in society.

The Power of Relationships

Highlighting the essence of human connections, Buster delves into the significance of nurturing relationships.

“Relationships are fundamental to the human experience. It's an existential reality.” [35:22]

He discusses the intentional efforts required to maintain and strengthen relationships, whether with family, friends, or community members. Buster believes that fostering meaningful relationships is key to overcoming societal divisions and enhancing mutual understanding.

“When I know your story and you know my story, then the barriers that could otherwise divide us would disappear.” [37:24]

This philosophy underscores his commitment to empathy and active engagement in building bridges across diverse communities.

Current Challenges and Vision for Solutions

Buster articulates the pressing challenges facing society today and shares his optimistic outlook on potential solutions rooted in faith and moral integrity.

“The principles upon which this country has been founded are the principles that are both inspirational because they're aspirational, they're so lofty that we'll always be in pursuit, but they are so specific that we can measure ourselves against how well we're doing.” [40:18]

He calls for leadership that embodies the teachings and character of Jesus Christ, advocating for love, forgiveness, and humility as foundations for resolving societal issues. Buster envisions a society where the core values of equality and justice guide all sectors, fostering a beloved community as envisioned by Dr. Martin Luther King Jr.

Honoring Martin Luther King Jr.'s Legacy

Looking ahead, Buster discusses his collaborative efforts with the King family to commemorate Dr. King’s legacy through the "Realize the Dream" campaign.

“The National Football League, National Basketball Association, many celebrities, many diverse organizations are signing up to be a part of this campaign...” [44:35]

The initiative aims to inspire 250 million acts of service by 2029, leveraging collective action to build a more just and loving society. Buster’s involvement with the Stand Together Foundation underscores his dedication to fostering community-driven solutions and honoring the enduring impact of Dr. King’s vision.

Advice to Younger Self

Reflecting on his journey, Buster shares poignant advice to his younger self, emphasizing financial prudence.

“If I could talk to my 22, 23 year old self, I would say, save money now, invest money now. Get insurance now, buy a house instead of renting an apartment...” [47:58]

This candid reflection highlights the lessons learned from his own financial struggles and underscores the importance of financial intelligence as a cornerstone for personal and community stability.

Casting a Big Vision for the Future

In his closing remarks, Buster encourages listeners to embrace grand visions and collaborative efforts to effect meaningful change.

“Aim for something big that you can either do yourself or connect with other people to do... it's ordinary people who did extraordinary things that have made this world what it is today.” [51:04]

He advocates for individuals to find causes larger than themselves and to engage in purposeful actions that contribute to collective progress, reinforcing the podcast’s overarching theme of “going big” in pursuit of impactful endeavors.

Conclusion

Kevin and Buster wrap up the episode with mutual appreciation, leaving listeners inspired by Buster’s unwavering commitment to financial freedom, social justice, faith, and the power of relationships. Buster’s life and insights serve as a testament to the profound impact one individual can have through perseverance, integrity, and a steadfast dedication to uplifting others.

“This is big. This is big.” [53:34]

Listeners are encouraged to explore Buster’s works and initiatives further, leveraging his wisdom to embark on their own journeys of transformation and empowerment.

Notable Quotes

• Buster Soares [00:00]: “I had things to say, but in the back of my mind, there was this voice whispering to me, nobody's going to read anything you write.”
• Kevin Gentry [02:41]: “I think it comes from your view that we've all been given these amazing gifts by God and we just need to figure out the best way to contribute them.”
• Buster Soares [34:39]: “Righteousness is personal morality, and justice is institutional morality.”
• Buster Soares [37:24]: “When I know your story and you know my story, then the barriers that could otherwise divide us would disappear.”
• Buster Soares [51:04]: “Aim for something big that you can either do yourself or connect with other people to do.”

Key Takeaways

• Belief in Impact: Overcoming self-doubt is crucial for personal achievement and impacting others.
• Financial Literacy as Liberation: Practical financial education can transform lives and stabilize communities.
• Mentorship’s Multifaceted Role: Diverse mentorship relationships foster comprehensive personal and professional growth.
• Faith-Driven Justice: Integrating personal morality with institutional reform leads to sustainable social justice.
• Strength through Relationships: Building and maintaining meaningful relationships is foundational to overcoming societal divisions.
• Visionary Leadership: Emulating the compassionate and principled leadership exemplified by figures like Jesus and Dr. King can guide societal progress.
• Legacy of Service: Collective, intentional acts of service honor and perpetuate the dreams of influential leaders like Dr. Martin Luther King Jr.

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