Ep. #69 - Hustlin Is A Habit with Big Bank Ous

Millionaire Mindsets

Xavier Miller

Entertainment News, Entrepreneurship, Society & Culture, Business, News

4.8 • 1.5K Ratings

🗓️ 20 January 2020

⏱️ 70 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On today’s episode we have special guest Ous. He is Founder of REC & Your Big Bank Co., Entrepreneur & Business Consultant. During this episode we discuss how did he know it was time for him to leave his job, creating a good company culture, the basics of startup finances, the differences between business credit & personal credit, opportunity cost, why storytelling is a important skill in business, how to leverage cash like you leverage credit, how to determine when & where to invest in your business and more. For more information follow him on Twitter @BigBankOus, for anymore questions email him at [email protected]. --- Support this podcast: https://podcasters.spotify.com/pod/show/millionairemindsets/support Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0	I posted this tweet the other day and I think people thought I was sub-treating people but I wasn't.
0:04.8	There's this idea on Instagram that I see all the time.
0:09.2	Cash is king, but credit is power or cash is king, credit as emperor.
0:14.7	Somehow people got this fucked up idea that credit is better than cash than revenue.
0:22.1	And I'm just like no what you're talking about is the
0:26.4	power of leverage but you can leverage cash just like you can leverage credit
0:30.1	you just don't know how. not coming.
0:33.0	You just not thinking about it.
0:35.0	If I have a brand, I could put 20,000 in my brand and get $200,000 back out of it.
0:41.0	I could put $20,000 and get a $200,000 loan that I didn't have to pay back.
0:47.1	Put that revenue, that's tax, that's after tax, that's free cash. Like Pushtetee said, these Adidas checks all bounce, baby. A lot of real ones to motivate. A lot of moves I'm up in the place.
1:03.0	On the way.
1:05.0	Motivation for all the real ones,
1:06.0	nieg.
1:07.0	On the way.
1:10.0	On the way.
1:11.0	To the big jack, you ain't know I'm up next when I'm on the way you ain't
1:13.9	take risk you too afraid I'm gonna just eat till I'm overweight on the way
1:20.3	On the way
1:20.3	On the way
1:23.0	What's up y'all?
1:24.0	So the Million Up Mindsets team has relaunched our tech subscription service.
	...

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