S4 Ep172: Are You Recession Ready?

Black Wealth Renaissance

REVOLT

Business

4.8 • 1.1K Ratings

🗓️ 11 August 2022

⏱️ 78 minutes

🔗️ Recording | iTunes | RSS

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Summary

What up wealthy people! In this episode, we are doing a throwback to the original show format where the hosts of the show share their thoughts, opinions, and findings related to the world as we know it today. It is no secret now that the US and many economies around the world have entered a technical recession and in this episode, Jalen and David get into some of the ways that they have been preparing to take advantage of the impending economic turmoil. Tune in to learn about things you can do to thrive in the recession, the factors that are playing into this current recession, and how this situation will differ from any other recession we have seen in the past. Tap in for some valuable info and real conversation with the founders of BWR! As Always Leave Us A 5 Star Rating & Review ⭐️⭐️⭐️⭐️⭐️ JOIN US SEPT 3 IN DALLAS FOR OUR FIRST IN-PERSON EVENT OF YEAR 🎟 Get Tickets 🎟 Want to buy your first property? Learn how to buy real estate for little to no money down with limited experience! Purchase Masterclass Now! (Only $40 with code BWR) "It Pays To Know How To Purchase Knowledge" Click Here to Learn How to Build Wealth 📧 For Business Inquiries: [email protected] Show Your Support To The BWR Podcast: ★Subscribe on YoutubeBlack Wealth Renaissance - YouTube ✿ STAY CONNECTED: ♥ BWR's Instagram ♥ BWR's TikTok ♥ BWR's Twitter ♥ BWR's Website Keep Up With Jalen Instagram Twitter Keep Up With David Instagram Twitter --- Support this podcast: Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	At State Farm, we're committed to uplifting Black futures.
0:03.8	In collaboration with organizations like 100 Black Men and National Urban League,
0:09.0	State Farm provides high school students with the opportunity to learn and apply
0:13.2	best practice strategies for saving and investing, all while offering academic support,
0:18.8	life skills, and exposure to college access programs to prepare these students for life after high school.
0:25.1	Check out 100BlackMen.org and NUL.org to donate and learn more.
0:31.6	Like a good neighbor, State Farm is there.
0:44.0	There's no purpose in teaching anybody who don't really want to learn or really don't want to get to it.
0:47.8	Everybody want to play archipelago. They don't want the sacrifice to come with the ship.
0:52.0	You're going to lose friends, lose girlfriends, family going to call you crazy.
0:57.6	You're not going to believe in you. Then you make it and then everybody going to be like,
1:00.3	I'm proud of you. Let me get some money for some money.
1:02.4	What I've realized that wealthy people understand and people in general,
1:07.9	it's the small concepts that you can apply to get wealthy.
1:11.8	You don't got to be super smart. You got to know all the intricacies of real estate or
1:15.7	taxes or e-commerce or whatever trucking whatever it is.
1:19.1	It's good if you want to be rich in that business, but you don't need to know that.
1:22.7	You don't need to know everything. You just need to know small basic concepts.
1:27.7	And one of the smallest basic concepts that anybody can understand is get money by income.
1:35.8	Get money by my money.
1:45.8	Brick on type of brick till we stretch.
1:47.2	Have you the type that play the victim?
	...

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