[00: 00: 00 – 00: 00: 28]

And so if you look at the book of Genesis is where everything starts at, right? So if you know Genesis chapter one, God talks about everything that he created was good. And one of the things that Coda, he put in there is he said that gold is good. Now we know gold is the universal sort of standard for money and riches and things that nature, right? And so God said, money wasn’t our idea, it was his.

[00: 00: 29 – 00: 01: 04]

Welcome to the Share the Wealth Show, where minority professionals can learn to escape the racial wealth gap and catapult themselves into abundance. Your host, Nicole Pendergrass, grew her net worth from being negative to multiple six figures. Join her on her investigative mission to expose secret strategies of the wealthy so we can all have the tools needed to build the life and legacy we were created to possess. Now it’s time for the show.

[00: 01: 05 – 00: 02: 10]

Welcome everyone back to another episode of the Share the Wealth Show. This is the show where we discuss strategies on how to build, grow, and protect minority wealth. So with that being said, I am super ecstatic to have today’s guests with us today because I have a lot of questions. There’s a lot I just don’t know. And I think that even makes for more interesting conversation because I’m not going off of assumptions and I just, I just need everything laid out. straight for me. So welcome Dexter. Thank you so much for joining in with us today. I’m so excited to be here. I’ve been following you or I tell people I’ve been stalking you on LinkedIn for months. So when you sent me an email, you beat me too because I’m going to reach out to have you on my show because I do a podcast, I do two shows actually. And so I was going to have you on mine. And so you beat me too. So I’m excited to finally be able to finally be in your presence.

[00: 02: 11 – 00: 03: 43]

Oh, great. And you know what? And I can still, we can still set that up. I’m open to willing. Okay, great. So I’m just gonna go high level over your bio real quick. You sent to us and I was looking on LinkedIn anyway, and it’s super, it’s just like, wow, I can’t, I don’t even know how to say, let me just say, okay. So Mr. Dexter Jenkins is a faith-based financial mentor who spent… more than two decades in the financial services industry. He’s passionate about helping families build generational wealth with easy to implement steps. He inspires and instructs hundreds of people with his podcast programs and online courses and books. He’s a popular speaker on the topic of wealth building God’s way. And I definitely need to know more about that. And then he’s also a senior pastor of Fellowship Christian Church in Boston. and managing director of Dominion Real Estate Holdings, LLC. Like, you know, pastor and director of a real estate holding company. Is that a syndication company? No, it’s not. It’s not. But okay, so we gotta get in some more of that. Okay, let me finish this thing. And then what he calls the SHIP method, Jenkins shows people how to get out of debt through stewardship, create a legacy through entrepreneurship, and learn strategies on real estate ownership. That is a lot of ships. I didn’t even, I just got that talking. I read this so many times. And when I said it, I’m like, Oh, that is ships. Uh huh. I like that.

[00: 03: 43 – 00: 04: 51]

Okay, there’s no question is integrity, wisdom and wealth are building a philosophy is a voice and wealth building philosophy is a voice that is needed today. Yes, yes, yes. So all of this. So Let’s, I didn’t even know where to start. Just where, where’s this? Just jump in, girlfriend, jump in. Where did this start? Like how did this all come together? I have never seen this compilation. Like maybe the only person I’ve ever heard talk about like biblical principles for wealth building has been like Myron Golden. Yes, yes, yes. And otherwise I haven’t really heard anyone like bigger on the stage kind of talking about that. So. How did you start with your faith-based, like going into religion, not religion, but like Christianity and becoming a pastor and all of that? Was that first? And then you found out about like the financial side. Did they both start together? Like, what was the trajectory of this?

[00: 04: 52 – 00: 06: 17]

Well, I started on the financial services side first. So I spent 20 years of my bio said, selling mutual funds, life insurance, things of that nature. And then somewhere along that line, just like I’m quite sure you know, God begins to show you different things about what’s possible. And then so in 2012, my wife and I started our church, fellowship Christian church. And so, I found myself being pulled more to the church side or the faith side of things. But because of my training, when I read the Bible, I always see faith principles and financial principles in there. And so I really decided to combine the two because what I was finding, Nicole, was this. I’m talking about things about prayer and so on and so forth. But then my members are struggling with their finances. I remember one time I had a member of ours lost their home. And I’m like, well, why don’t you come to me? As much stuff as I know about finances. You know, why didn’t we have a conversation? Now, probably some of it would probably embarrassment and things of that nature. But you know, so one of my things is when I’m talking to people, you know, I always say God is a God of business at number one, but then number two, you know, I believe in us being balanced. So us thriving spiritually, physically, relationally and financially. And so, you know, I found a way to combine those and with everything I do. So that’s the church side, that’s the real estate side.

[00: 06: 18 – 00: 07: 42]

And then we also have a… which is not on that bio, which I need to update, is DBJ Enterprises. So that’s what we do, our financial literacy, financial education stuff. And so, you know, I tell people, anywhere where there’s, I live at the intersection of faith and finances. That’s where you’ll find Dexter. I love that intersection. I’m trying to take notes, but I’m gonna just have to re-listen to this episode of faith and finances. Okay. There is, and this is not gonna be, this just popped into my head and this is not exactly where I wanted to go, but there is, as you probably know, there’s just like a huge chasm, I feel like, between building wealth and being holy. Right. Because there’s so much interpretation, like I grew up in the church, I’m Baptist, and- it’s always the things that we were fed about, the meek shall inherit the earth, the war. Just other things like Jesus was like poor, he gave away all his riches and wealth so that they take that as a symbol that we should just be giving away everything and we shouldn’t want to accumulate wealth. So where is it that you see wealth building principles within the Bible that you think are maybe misunderstood by the general? church.

[00: 07: 43 – 00: 08: 54]

I think when you start talking about people of faith, I think you have to start with number one to your point of the scripture. That’s where our faith is based off of. So, and if you read the Bible, I don’t know if you caught up, I said, God is a God of business. Genesis chapter one, he says, be fruitful, right? That’s be productive and multiply. So I call it franchises. So he’s saying be productive and then franchise yourself. You know what I mean? Wait, that’s not talking about having children. Well, that’s part of it. You could well, let me say to you, God will never if a man and woman get together, he got to tell us to do that because we like each other. God got me to do that with my wife and three children. attracted her attracted me so we didn’t need a map for that. Regardless. Does children as well. Yeah, I believe he’s talking on a much broader sense of being productive with your hands and what he’s called for us to do. And the thing is, if you’re productive, Nicole, and you get your word out and things of that nature, how can you not be successful financially? You know, and I think what has been sold to us from our childhood is that wealth was seen as wicked while poverty was seen as being pious and holy.

[00: 08: 55 – 00: 10: 26]

And that’s, and that couldn’t be any further from the truth. The richest man who ever lived Solomon. So if you read the book of Proverbs, which I recommend your listeners or watchers read, man, that book is full of great business finance money principles that if you put into play, you know, you couldn’t help but be successful financially. Okay. Do you have like wealth Bible study? Or you just like… read the Bible with people and just like say, see, this is what that’s talking about. This is like to help people interpret. Yeah, I’ve told me I do that all the time, through materials and then stuff through my church and outside of my church, because I think what we do is, I mean, just to have Bible literacy, what you have to do is you have to see it in two or three places. So what I do is I usually take people to two or three places in the Bible and show them what the word says about. you know, doing well financially. And then I also showed the other side because a lot of times, you know, and anything when it comes to the Bible, people can pick and choose what they want to say. Okay, this is what this is. And I’m like, no, you really have to learn, you have to know, be literate in scriptures. And so if you look at the book of Genesis is where everything starts at, right? So if you know Genesis chapter one, God talked about everything that he created was good. And one of the things that he put in there is he said that gold is good.

[00: 10: 27 – 00: 11: 39]

Now we know gold is the universal sort of standard for money and riches and things that nature, right? And so God said, money wasn’t our idea, it was his. So, okay, and then why would God put you in a material world, know you need it and not want you to have enough of it? So for many of us, we have a schizophrenic relationship with finances. So we want just enough to go to work and be able to pay our bills, but then we are struggling for it on the other side. So that just doesn’t make sense. And so that’s where I’ve always, I’ve always… I’ve never had a problem with believing that God wanted me to do well financially. So, you know, I believe God wants us rich now rich. You know, that’s a relative term. You know, what if you said was rich and I say rich is two different things. But I do believe God wants you to have more than enough to have a nice house, nice car, so on and so forth, to be able to help other people and not to be stressed out. You know, nothing stresses you out more than I haven’t enough. Okay, it’s not even Sunday.

[00: 11: 40 – 00: 13: 32]

Listen, I know you’ve been digging in, studying everything you can, listening to all the podcasts, reading all the books, even going to meetups. You basically have a degree from YouTube University, right? But you still feel stuck. You don’t know how to actually implement what you’ve learned. You’re nervous about taking the next step. And with the economy like it is, especially with the downturn looming, you’re even thinking maybe you should just wait it out. I know you’ve heard that real estate makes more millionaires than any other asset class, but you know what else? More millionaires are made in a downturn than any other market cycle. So now is the perfect time to jump in and really get started. I’m super bullish on growing my portfolio this year, and I don’t want you to miss out. So I’ve decided to start the Micro Family Investing Accelerator. This is a mentorship program where I personally guide you through my five proprietary pillars so you can learn how to buy your first commercial multifamily property. and scale while not biting off more than you can chew by focusing on five to 20 units. That’s what I call Micro Family. And so you can also get hands-on guidance from an experienced Micro Family investor, me, who’s been right where you are, nervous about how to start. And so you can also create the cash flow needed to give you freedom and options to build the abundant life that you were destined to live. So I’ll be limiting the first cohort to five students They’ll have direct access to me and I will be heavily invested in their success. If you’re ready to grab 2023 by the horns, schedule a free discovery call with me today. The link is in the show notes. Let’s hit the ground running in 2023. I look forward to seeing you on the inside. And now let’s get back to the show.

[00: 13: 33 – 00: 15: 21]

Doing well, we taping this on a Monday. So it’s the day after. It’s the day after. Close enough. And then they could lead it to next Sunday. So this is good. this. Oh, and you know, the first thing or not first thing. But one of the things that came to me is just being and I wonder if this is like an issue for other people too, and they don’t realize it. Right being raised, especially a lot of us are raised in the church that’s where most of your subconscious beliefs are formulated. And so if you’re raised in a church that had these types of interpretations of what wealthy means in the Bible, as far as like if you’re good or bad or evil or whatever, when you get older and you’re trying to build wealth, does that inhibit you because your subconscious really believes that you shouldn’t be wealthy? And you don’t even realize your subconscious is deflecting your law of attraction. It’s holding you back. is holding you back. You know, and I spend so much time Nicole, letting people know it’s okay. And any preacher I have to spend like first 10 to 15 minutes, I mean, just not even getting to the principles of how like you do to show people how to do it. Well, I can’t even get to that because I have to spend so much time breaking down religious thinking, cultural. things that we have to deal with, you know, things that we, because people say that, people study say that we get our money messages by the time we’re six years old. So you think about by the time you are six, you’ve seen things in your house, you’ve heard things in your church, you’ve seen things in your environment.

[00: 15: 22 – 00: 16: 57]

And so now you are operating subconsciously without you even knowing on that script, on that money script. And so what you’ve got to do, you’ve got to question that. You know, I believe questions are teachers. Questions are there. You have two, you have two reasons for question. One reason for question is to gather information and then the other one is to provoke thought. And so when I ask myself, are the scripts that I’m operating off of helping me build wealth or stop me from building wealth? And then you can begin to track. Where did that come from? Well, that came from my pastor who said, you know. The money is the root of all evil. Well, that’s not what the tech said. It says the love of money is the root of all evil, not money, because we’ll do this. The pastor will say money’s the root of all evil, but then they’ll take an offering. Well, okay, which one is it? Wait, so if, all right, I’m just playing devil’s advocate to use not have a better term situation, but so. If the love of money is the root of all evil, and I know I have definitely heard that distinction before, is it trying to be wealthy, loving money? Right. The great commandment is this, love God with all your heart, soul, mind, and strength, and then love your neighbor as yourself, right? So he tells us what we should love, him and people. So if I love money, I have a wrong relationship with.

[00: 16: 58 – 00: 18: 31]

So number one, I try to help people establish the right relationship with money. What is money? Money in my pain is simply a tool to do things with, buy houses and whatever else. I just take my wife on vacation, take my kids to school and whatever, right? But then I also talk about money is also a receipt for good service. So Nicole, if you have a service and you serve me well, why shouldn’t you get paid for it? I mean, because that’s how wealth is created, right? It’s an exchange, right? Yeah. You’re a real estate, I’m a real estate. Well, I have tenants. Well, the reason why they give me money is because I provide housing for them. Okay, am I supposed to let them stay there for free? Because I’m a Christian? Ha ha ha. That’s not how this works. I can’t. You know, and so we just have a whole bunch of stinking thinking around this area of our faith and finances and you really got to break that down and you’ve got to be okay with it. If God doesn’t mind, some of the riches, I mean I don’t know how much your people read the Bible who watch the show. Man, if some of the richest people, you read Father Abraham and Solomon, these people were loaded. They had lots of money and they still had a vibe and a live vibrant relationship with God. Cause I think the fear people have from time as well, money’s going to change you. Well, money isn’t going to change you because I know a lot of broke people who are bad people.

[00: 18: 32 – 00: 20: 06]

Clearly they ain’t got nothing to do with money. So it’s not that, you know, it’s your own character that you have to work on and develop, right? And so I just think good people with money can, Mother Teresa was able to do a lot of things because she had money. And then if you could give somebody who was a mass murderer, he gets a lot of money, we got a lot of trouble. And so it’s not the finances, it’s the character of the person who has it. And I think as you just said, the thing I love to watch you show, you’re talking about black people for the most part, people of color black and brown. We are at the bottom of every economic poll that I ever see. And so part of it is because of the conditionings we receive in. From our early house or maybe our mom and dad taught us a certain thing or churches that we’ve been in. And it hinders us from being aggressive and going after wealth. Yeah. Wow. This is, this could, I could talk about this and the mindset behind religion and wealth for, I don’t know how long, but we don’t got that much time. That’s another show. But that’s just like, I already feel inside like tingly. And I’m like, okay. I gotta amp up my affirmations. Like I am worthy of wealth. Yes. All right, put that on there. I mean, because it, one of my business coaches, she said, Dexter, she said, finances, building wealth is about how you believe and think and feel about it. Well, how can you go after it aggressively and have these negative feelings about it? You can’t because you’ll end up self-sabotaging yourself.

[00: 20: 07 – 00: 21: 37]

And many of us do that, you know? And so we have advanced degrees and very capable people. Then you look at them, it’s like, why are you not further along? Well, it’s because you got this tape playing in your head that’s saying you shouldn’t be, well, my bishop said this or my pastor said this or my mom said this. And I’m like, well, not to be disrespectful, but at some point we’ve got to learn how to interpret things for ourselves as adults. And we’ve got to learn to say, okay, I love them, but in this area they’re wrong. and keep moving, you know? Yeah. Oh my goodness. All right, I love all of this. But so let’s go to the next part of your story. And I guess when you started, like you opened up your church, you got involved like becoming like a pastor and going down that path. How did you integrate your financial knowledge with your teachings in the church, um, parishioners who are maybe coming up to you and asking for advice or situations, like, how, how did you implement that? And what are you, I guess, providing for either, not even just your church members, but you know, the body at large when it comes to financial knowledge and education? And are you still practicing as an active financial advisor?

[00: 21: 38 – 00: 23: 09]

I’m no longer doing the actual incorporate that. You know, and I don’t know if you caught it, but I said in our church, we have four pillars. We said number one, we believe you should thrive spiritually, physically, relationally, and financially. And so, if I got up and I talked to my members, they would say, oh, here come pastor talking about spiritual, physical, relational, financial, because I believe if you have those four areas of your life you can you can be successful and I think people have a hard time with. God wanting them to be successful God wants you to be successful. Now, why does God want you to be successful because when you shine he shines you know you’re a parent right I’m a parent. You ever have the situation where someone’s your child did something good, maybe they did some athletically or in school or whatever they said congratulations Nicole and you like, thank you well, why they congratulate you didn’t do the work. It was them, but what happens is when they shine, you shine. You shine. You know what I mean? And so God had the vested interest in you and I being successful. And so, you know, that’s sort of my thinking when I talk to my people about, you know, obviously I want them to be strong in prayer and I want them to be strong in the word and all that, but I also want them to have happy, successful marriages. So I want to see people stay married. 10, 15, 20, 30, and 40 to death do what’s part now until I get tired of you.

[00: 23: 10 – 00: 24: 42]

So I talk about that all the time. And then, you know, we talk about health because health is wealth, right? You know, if you’re going to do anything in this world, you have to have a healthy body. And then we know money cuts through all three of them. It cuts through my faith. It cuts through my relationships and it cuts through my health. So I can’t leave that out because. I need that to function in all those other areas. And so that’s how we integrated. So usually how I teach my sermons and how we teach class off of that is we go through all four. And then a couple of years ago, we’ll do it again this year, we started doing something called Money Sunday. So what I would do is my wife and I would, we would take a whole Sunday. And what we would do is we would have professionals come in. So we would do an abbreviated. worship service and then what we would do is have breakout rooms because I know trying to get people on Saturday ain’t gonna happen so I got you captive on Sunday and since you here we’re gonna talk about money and so you know people appreciate that because they don’t necessarily feel comfortable maybe getting the information out there they know it knowing not knowing who to trust and so on and so forth and so I’m bringing in people who I vet it who I trust and say look listen to this person and what I and what our instructions then was this We don’t want you just to get into information. We want you to take some sort of action. And so, you know, so those are some of the ways that, you know, we really try to integrate our faith and our finances and things like that.

[00: 24: 43 – 00: 26: 00]

And then, you know, we’re really big into real estate because the Bible is about land. He would take the Israelites to a promised land. You know, and so. Its God gave the earth over to man. And so really real estate is near and dear to the heart of God. And so when someone like yourself was teaching other people how to purchase real estate and then multigame, things like that, you know, God is using you as a teacher because he wants particular people like you, we Nicole, you and I were brought here to work the land years ago now it’s time for us to own it. All right, I love that. You’re going too deep on a Monday. All right. Well, that’s how we got here, right? People who look like you and not necessarily us, but I answered, they got here, they were here to work the lamb. Now it’s time for us to own it. And so, but our people have to be taught how to do that. That’s what you do. That’s what I do because, you know, it has to be, somebody has to be like Moses and showed away, correct? Somebody has to be like Joshua or Harriet Tubman and show the way. And so you’re one of the teachers out there out there showing the way.

[00: 26: 01 – 00: 27: 53]

Hey, you’re giving us a say, hey, if I can do it, you can do it too. Then I don’t know you’re doing that. You’re taking people by the hand and showing them how to do it and walking with them through the process. And so, you know, that’s why I said, I got to get on girlfriends. I got to stalk her and have a conversation because I was impressed with what you’re doing. Thank you. And you know what’s very frustrating in that is that, yes, I feel so passionate about it because I see how much has changed my life, even just getting a little bit like because I feel like there’s just so much more to do. But even with where I’m at now is really completely changed my life and that I’m not living paycheck to paycheck like some I remember it like years ago for years, I would know, down to the second. That my paycheck was coming and it was gonna be like, I knew it was gonna come on Wednesday night, not Thursday, even though Thursday is payday, right? And I had that last, you know, $20 is lasting me a couple of days, like when is payday coming? Oh, this is tight. Oh, what I gotta pack for lunch? You know, that kind of thing. Stress, stress, stress. It was just like, and then I’d be, I’d give myself at a deficit for those last few days. When payday came again, they’d be like, oh, I got money. And then I would be spending a little bit too, right? And then I’d be in that same cycle where the last few days, I don’t got enough until the next payday. So that is how I used to live and I used to just know every two weeks, like a paycheck was not enough to last me two weeks. Right. And now, goodness, yeah, now I don’t, I don’t, I have to look at the calendar like, oh yeah, we can pay tomorrow. Oh, okay. And you know, like, it’s different. I’m not looking at the bank account, like, I probably spend a little bit. To reckless sometimes or certain things. I’m not a real big spender consumer, like buying stuff, all this stuff. But like, I think my guilty pleasure, like I’m buying lunch at work. That’s probably the biggest thing I spend money on, but it’s expensive over here. But anyway, this is a whole.

[00: 27: 54 – 00: 29: 41]

But think about this, isn’t that freedom? That is freedom. And you want everybody to experience the ability. This is what struck me as you were talking. getting paid every week, right? Every two weeks, but you’re spending money every day. Yeah. Because every time you turn the water on, you turn lights on, you put the gas in your car. And so we’re at a deficit because we’ve been trained, going back to our talk, we’ve been trained to expect to check once a week, twice a week, but I’m spending money every day so you can see why people are at a deficit. So now what you’re doing is you’re teaching them, hey, I can do the power of real estate. I can show you how to get out of that. Yes. So, oh, and I know where I was going. I was gonna say the frustrating thing sometimes is you feel like you’re shouting this at the top of your lungs from the rooftop and then people are still like hesitant or don’t wanna take action. And don’t wanna, I’m like, how can you not want to do something different than what you’re doing? And all the things that I’m juggling and I don’t have time is I’m just always doing a project. Like I’m always working on something. So when I… I tell people to like do something or look something up or read a book or whatever it is, it’s like I’ll ask a conversation. I’ll kind of like, so what do you do with your time? Like when you get off of work and you go home, what are you doing? Like, why is it that you don’t have time? Like if I had the same time as I had then, I just, it’s just so, it’s like, there’s no excuse. Like I wish I had that same ability like before kids’ kind of thing. Because that even makes it more worse.

[00: 29: 42 – 00: 31: 01]

So, the problem, the thing is like, I just, people don’t even have to come to me. And that’s why I tell them all the time, like you don’t need to invest with me. You don’t need to be my mentee. Like you don’t have to come to me. I just want you to do something. Like as long as I get the information to you, if we have a phone call and I can give you some resources, take action on it, like listen to podcasts, like this and other podcasts. And actually most of the guests. could give their information or they have websites with learning resources and all that stuff. And I don’t know how many people actually dig into that and get that information and actually start learning so that they can implement even at a small level. I guess people maybe don’t think they have enough to do, but enough to do something big, but if success is made by small steps, not by big ones. Well, it’s funny you’re talking like that because my thing for this year is the year of getting started. Oh, I like that. And so what I’ve been talking to people about, so whether I’m in church or whether I’m out. I’m speaking at our Boston Rio tomorrow night, and that’s gonna be my topic. I said, every real estate investing mistake can be overcome except the one you’re not starting. You know what, I’m good. We might both have that topic here. We might both have the same topic now. If you use it, just quote me once and then the rest of the time it’s yours. Okay, I’m gonna quote you. I’m gonna quote you for the time.

[00: 31: 02 – 00: 32: 08]

But think about it, every mistake, because… Every deal doesn’t go the way we want it to go. If people are truthful, most of the time you see people, I made $50,000, and their deals when you do that, then sometimes you’re like, oh, God, that didn’t go that well. Well, OK, what you do, you get back on the horse and learn from your mistakes on the matter, and you keep moving. Well, at least I’m moving. See, a lot of people are expecting God to bless a parked car. And that’s not, that’s not. that’s not going to happen. And so I’m saying, listen, I’m encouraging people. I said, listen, get started. Now, sometime, like you said, like you said, sometime it could be, for some people, it will be small steps. And then for some people, they just need to rip your band aid off because they don’t went to seminars, read books, been to prayer meetings, got vision boards, they got everything. And then like, dude, okay, when you gonna move? Because stuff happens to you when you get in motion. They’re… You know, this money has energy, money has movement. It’s called currency. And so we don’t get in motion and movement. No wonder you’re stuck; you know?

[00: 32: 09 – 00: 33: 11]

And then, you know, I met with our men on Friday night and I was talking to them about, you know, just this mindset that most people have about bashing having a job. And I said, I don’t bash people who have a job. I said, well, my full-time pastor, that’s my main gig. I said, but so I don’t have a problem to having a nine to five, but I do have a problem. But you watching from six to 10 watching video games and watching football and basketball, that’s my problem. I do have a problem; you have them only one stream of income because that’s a problem. Especially in this time of all these layoffs. Because it’s going rampant right now. Even at my job, they just had the layoffs. Well, that was your email I think I got this morning was talking about, you were talking about my leg. And I was like. I’m like, listen, Amazon, Google, I mean, some of the largest companies in the world are laying folks off. And I said, actually, what I do is, and your listeners welcome to this, if they go to my website, DexterBJinkins.com, I do and sign up for my eBook. They’ll get on my mailing list and what I do, I send out a letter every week, the email every week.

[00: 33: 12 – 00: 34: 44]

That’s one of the things I’m talking about this week, I said, listen, one source of income is too close to none. Definitely. Because if you get laid off, like you said, now you’re struggling. But the antidote for all of this stuff, so whether it’s recession, layoffs, this is what? Income, income, income. You’ve got to have more than one source of income. I remember George Frazier said this. I heard him say years ago. He said, everybody should have at least a minimum of three sources of income. Minimum. Yeah. Other people say, you know, other people say six or seven. Well, let’s start with some people listen to us on this on this podcast today. I don’t know if you have one right now. Well, let’s start this year. If you make the decision, I’m going to add one more this year. Now, the problem is this. Recognize that you’re probably going to have to learn something new. That’s the problem. You you’ve got to where you are right now because you took the time. Because I’m like I said, I’ve stalked you on LinkedIn. I’ve seen some of your posts. You said, my mom helped me do this and we did, you know, so. Oh, you really have like, I don’t know if the last time I wrote about that. No, no, that was a while ago when you did that. I think you showed a picture of you when you first were getting started. Then you talked about your mother, sort of sponsoring you. And I was like, but you were showing your progress. Well, you had to learn some of the old Nicole wasn’t good enough to get to where you are right now. Definitely wasn’t. Definitely wasn’t.

[00: 34: 45 – 00: 36: 29]

And ever since she started that, I’ve been studying and learning ever since. Right. 10 plus years. There you go. And if you’re like me, I’m thinking, I’m just getting started. Yeah. Like, it’s 10 plus years. I haven’t even scratched the surface. I’m learning so much more. Right. But you have to be intentional about it. And you actually have to go in and take some time and learn. And then. Once you learn and do a certain amount of learning, it’s time to take that knowledge and it’s enough learning and take action. You don’t gotta know everything, you’ll never know everything. Never. But I’m one of those that tends to, I like to be over-prepared. So I like to over-read, like even me, I started a bank on yourself, whole life insurance policy, right? And so even in doing that, when I came across that as an idea. I was like very intrigued and I’m like, oh, you could actually use life insurance? For more than just death benefits. Like I can use it and not just my kids. Like, okay, let me see what that’s about. I probably read like six or seven books. Right. Like, was that overkill? Oh, maybe. But I was just like, I just wanted to read more and I could see what everybody else had to say about it. And then when I actually, I was like, okay, I’ve read enough books. I gotta stop reading these books. I gotta start talking to some people. I gotta do something. I gotta start. contacting someone, because I know they say you’re supposed to go to a specific type of agent who is like or able to formulate the policy in a special way that needs to be done. And so I’m like, okay, where am I gonna find these people? I’m like, okay, well the books I’ve read, they gotta have companies. So I just went there and I basically had a call with every book that I read. I had a call with the person who I wanted to compare. You know, so. But was that overkill? Yeah, I do a little bit of a dig in on the front end.

[00: 36: 30 – 00: 37: 36]

But then when it’s time to, I know when it’s time to stop that and it’s time to execute and just do that. Yeah. And I think that means, I think there’s a powerful message in doing your due diligence. But at some point you have to move, you know? And so that’s my message to people who should have said, this is your year to get started. So whether it’s what we do in real estate, whether it’s to write your book, whether it’s to go back to school and better use, whatever it is. This is your year to do. I believe that there’s just a really a season for people who are taking action this year. And if they get started on some things, they’ll be surprised a year from now, two years from now and how much progress they will have made. And you know, most millionaires are made during a downturn. So this is a downturn moment. And that’s what Warren Buffett said, right? He says, when other people are going one way, this is Dexter Paffrey. When people are doing something else, you go the other way. And so when people are hesitating and afraid, Oh, I don’t know. Should I, should I not buy what I’m like, listen, long as you, to your point, long as I do my due diligence and the numbers work. Bye. Yep.

[00: 37: 37 – 00: 38: 11]

Okay guys, don’t kill me, but I’m going to have to cut this episode short. This is too juicy and we need to do this in a part two. So stay tuned for the next episode that airs and you can hear the rest of our conversation. Did you love this episode of share the wealth show? Be sure to connect with Nicole by following her on LinkedIn, Instagram, or Facebook. If you picked up any of the gems that were dropped by today’s guests, make sure you not only put them in your bag, but if you know of someone who would benefit from this information, don’t keep it to yourself. Share the wealth, and make sure to leave us a rating and review. We’ll see you for next week’s episode. Subscribe so you’ll be notified.