How To Think About Money (To Make A Lot Of Money), with Andy Frisella - MFCEO170
Episode Stats
Words per Minute
186.0651
Summary
In this episode, I talk about why money is a great thing, and why you have to change your beliefs about money. Money is not a bad thing, it's a good thing, but if you don't change your belief about money, you will never have enough.
Transcript
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what is up guys you're listening to the mf ceo project i'm andy i'm your host and i am the
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motherfucking ceo guys today is thursday sun thunder thursday thunder this today i think
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that's the first time i messed that up in a long time anyway you know what fucking day it is and
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we're just going to keep going hey look i've got something that's on my mind that i gotta
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fucking talk about today all right i got a comment uh yesterday that from someone basically
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chastising me for talking about fucking money all right let me break this shit down to you
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motherfuckers in case you just don't understand it yet money is a great fucking thing all right
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talking about money is not taboo okay both of those thoughts people who don't talk about money
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and people who think money is a bad thing come from people who a have never had any money b will
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never have any money and the funny thing is about these fuckers is that if you ask the motherfucker
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hey i got an extra 500 bucks do you want it every single one of them will fucking take it okay so
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this is something that is very important i'm not just going to rant on it i want you to understand
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it because i have to talk to my guys a lot of times about the subject because
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in society we are taught that money is not a great thing in a lot of ways a lot of people who
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don't make a lot of money or who don't have a lot of money or who've never been around money
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they they say negative things about money they have negative beliefs about money they they instill
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those beliefs in our people okay every school is run by teachers who don't make a lot of money
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and they tell kids money isn't everything money's not that important money doesn't matter and you know
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what that just ain't fucking true okay so we have these people who grow up their entire lives hearing
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that money is a bad thing and because they hold that belief in their heart no matter how much they
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say they want to make money and i'm speaking to you guys because you guys listen to this podcast
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probably because you want to make more fucking money okay now you might say i want to make more money
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you might say i want to be wealthy you might say i want to be a millionaire or a billionaire
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you might say those things but if in your heart you believe because every dumb motherfucker
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that you've been around your entire life has told you that money is a bad thing
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you will never have money you have got to change your beliefs about money and that's what i want to
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talk about today you know so first off guys just like i said anytime somebody criticizes you and says
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some dumb shit like oh you're too greedy you're too focused on money you're too this you're too that
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money doesn't matter to me like there's some kind of fucking noble person ask them if they like an
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extra five hundred dollars i guarantee you they'll fucking say fuck yeah okay and this is a case of
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people's words and people's actions and what they try to put off and who they try to pretend to be
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not coinciding with who they really are in their heart all right so be aware of that when people make
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negative remarks to you for being ambitious being hungry trying to kick ass trying to do better for
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yourself trying to create a better future for yourself and your family and be an inspiration to everybody
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around you by being successful and they say these things to you remember these people are lying to you
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they are not telling you the truth all right now let me back this up with a couple points
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and preface this discussion with some ideas okay guys it's not about being money focused it's not
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about like saying oh money is the most important thing we all hear that saying the root the money is
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the root of all evil and the truth is that's not even the real quote and the truth of money is that
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it's not morally wrong or morally right it's morally neutral it could be used for great things it could be
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used for destructive things okay it's how you use them it's just like a spoon or a fork all right a fork
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doesn't make somebody fucking fat it's how you use a motherfucker all right money's the same way and
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anybody who says different doesn't know what the fuck they're talking about all right money especially
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young people is a huge driving motivator depending on where you are in life early on you know material
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things and having a lot of money and having cool shit and and being the guy that has all this cool
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stuff that could be very motivating you know wanting to to fly around in a private jet or drive an exotic
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car those things can be very very motivating and there's nothing wrong with having material goals
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but here's the thing you have to understand guys as somewhere along the line once you find a little bit
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of money and once you find a little bit of cash flow coming in once you have one or two of those
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little rewards those things are not going to matter to you like they once did and so you have to find
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real purpose for why you're trying to be successful if you want it to last that's why you never see these
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get rich quick dudes who have made a lot of money and they're driving flashy shit and that's all their
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purpose is is to have more you don't see them doing anything they're not creating anything they lose the
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idea of what value they created to make their money in the first place they get lost they get depressed
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and then you read about them on the fucking internet somehow you know because they lost it or
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they killed themselves or they're you know that's the idea where people have you know people who have
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money are miserable bullshit only some of the people have money are miserable okay um another thing is
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guys is that we live in a society now that is value driven okay and where it used to be whenever
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from 1940 to 19 probably the year 2000 about there used to be um a way for companies to scam people
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and make money okay so think about this your grandparents and your parents grew up in an era
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where the companies that could that could basically say anything they wanted via radio tv
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and uh print they could lie they could they could make false promises they could say anything they
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want and they could sell things and these companies would sell things there was no recourse on the
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consumer like there is today where you have social media craigslist or i mean angie's list amazon reviews
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the word of mouth took a long time to travel so you had situations where you know companies could do
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things that were morally incorrect or morally wrong and they could continue to profit and that's where
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a lot of this idea of big business taking advantage of the little guy and you know money being evil and
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this and that comes from from our previous generations now you have to realize that today's
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today's uh society is so much different than that because every single one of us has a voice we all have a
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facebook we all have an instagram we all have this way to communicate our voice we have ways to review
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products we have ways to to uh talk about products and spread word of mouth instantly instead of it
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taking years and what that means guys is that you can no longer scam people into getting them to buy
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your product otherwise your company be dead in the water right away all right i hope you i hope this
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makes sense for you what i'm explaining because what i'm getting to guys is that in today's world
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whereas your parents or your grandparents might have felt that money was indicative of doing
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morally wrong things in today's world the amount of money you make is actually a representation of
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the amount of actual value you provide the right thing of the doing the right thing the being a
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reputable company the the being somebody who provides real values provides real solutions
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provides real services that help people okay and if you're not making money you're not doing those
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things so what's that say about your moral uh your moral standing in society okay the more money you
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make right now the better job you're doing at solving problems the more money you make right now the
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more people you're helping the more money you make right now the more value you're providing your
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community and people like that okay um those are all real concrete points about the way money really is
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now you know and you guys have to realize that there's not a limited supply of money to be made you
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know a lot of people have that hang up too they think there's a limited amount you know there's an
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unlimited amount you know we have uh so many new ways as entrepreneurs to make money that you know
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virtually anyone and even if you work in a company if you're thinking about about it as your own
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business you know you guys should all be thinking about what you are as yourself and what you really
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are is you work for yourself no matter where you work okay you don't work for the company you work
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for you work for yourself and what that means is that you have to go in you have to do the personal
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development you have to increase your skills you have to increase your ability to provide value
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and you have to and by doing those things you increase your value which increases the amount of money
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that you get fucking paid okay i'm just saying you know you guys i get these these hang-ups from
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questions from young entrepreneurs all the time that talk about you know oh i don't know how i feel
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about making money well then you aren't gonna fucking make any making money is a great thing guys and if
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you're capable of making money and you're not you are actually doing something that's immoral and let me
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explain this to you you have a number of people that work that that look up to you in your life and you
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may not think so but you can influence literally hundreds of thousands of people just through your success
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and your path okay and i'm not saying that path is dictated by how much money you make it's dictated by
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how much potential you fulfill for yourself so and what i mean by that is like if you have a guy who's fulfilling
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his potential and he's making 50 grand a year then he's way more successful than the guy who's making
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five million a year who's working you know one tenth of his ability all right so it's not about the
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amount of money it's about the potential the potential you're fulfilling but what that what that re what
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that parlays into guys is the example that you're setting for the next generation okay you have to
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understand that what you do and what you earn and how you live and all the other things are going to
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affect the way that other people live their lives okay they're going to affect the way maybe your kids
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live they're going to affect the way maybe their future kids live and like if you're 20 years old
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and you don't have any fucking kids you should be thinking right now about how you're going to be
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when you have kids that should put some fire on your ass most people wait until they have kids and
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they're like oh shit that's too late motherfucker you need to be thinking about it now all right
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um the point i'm trying to make here guys is that money is an is an awesome thing all right and
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anybody who says that it's not doesn't have any will never have any and if you're the kind of person
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who really wants to make money but you secretly believe that it's not it's not the right thing or
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there's something wrong with it or there's something uh you know immoral about it you're
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never going to make it so you have to figure out and understand that your job and this is the way
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that i think it's easiest for people to disconnect that guilt feeling of like oh of saying i want to
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make money okay your job in your life is to leave a legacy do you want to leave a legacy of success
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of fulfillment of fucking progression of improvement of hard work of inspiration
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or do you want to leave a legacy of a regular dude who does regular shit who teaches his kids
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and all that shit just to be another cog in the fucking machine because those are your only two
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options and if you think about what your legacy is going to be you know it becomes very clear
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especially i mean at least for me which path is the morally correct one you know and guys on top
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of that let's talk about this you know people like to throw this shit out too well you know money's
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not important to me but i like to go make sandwiches at the homeless shelter on you know to to give my
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time well hey guess what what's more fucking valuable you giving your time a couple times a year to make
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some fucking sandwiches at the homeless shelter or you being so wealthy that you could put up 10 new
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homeless shelters what's going to fucking make a bigger difference and you know what you could still
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go give your time anytime you want at any any given occasion christmas thanksgiving the time that you
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know the people like to post it on the internet and talk about how giving they are as opposed to just
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doing it all year guess what if you had your own shelters you could go all year you could be a great
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person all the time you give all the fucking time you want because you can afford to do whatever the
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fuck you want with your time okay now i want to tell us i want to close this podcast with a story and
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this is i don't go to go to actual church and you know why i don't go to actual church because of
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shit just like what i'm about to tell you all right the last time i was in an actual church
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the the the preacher he was lutheran pastor he went on and on and on about how rich people have as big
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as have as much chance of getting into heaven as a camel fitting through the head of a needle which is a
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story they tell in the bible well the bible also says lots of other things like if you're lazy
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don't expect a harvest uh it talks about the importance of you know earning and and giving
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back and doing all these things and i had a conversation um with someone about this and then
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somehow uh he had gone to his priest and told him the story that that i that i uh that i share with
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him okay and and the loot this lutheran pastor went on and on and on for 45 minutes about how money's
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evil money's bad and literally in the next breath he was talking about how awesome his brother was
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and his brother was a gazillionaire if that tells you anything but anyhow i'm sitting in the front pew
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i'm wearing a nice suit that was very expensive and i drove to fucking church my rolls royce
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and uh i'm sitting there listening to this dude talking about how if you have any kind of money in
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your life you're you're going to basically go to hell and and then the funny thing is is the next
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thing that happens is what do they do they they pass the little fucking plates around for you to give
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money okay so let me let me let me understand this you're not supposed to have any fucking money but
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by the way give us money i don't i don't understand i don't understand there and like a lot of people
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might sit there and nod their fucking heads and agree with that shit but i just don't because
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i'm not a fucking sheep all right money makes the world go round whether you fucking want to admit it
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or not all right and you can do good things or you can do bad things with it but i told this story
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to my friend who went and talked to his priest about it and his priest has served in the catholic
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ministry for 50 years uh he was a friend of stan musul big famous cardinal hall of famer here in st
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louis legend um and this is the quotes these are some of the quotes that that the preacher said or
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the priest said about money over 50 years experience my experience is that the virtues and the vices are
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equally distributed amongst the social classes i have known extremely generous holy millionaires that
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were virtue that were virtuous good and extremely greedy self-centered poor people who are virtuous bad
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i get paid the same regardless of the income of my parishioners but i would love all of them to be
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billionaires and i would hope that they would use their resources for good okay that's coming from a
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dude who's lived in the church all right so when you're out trying to be ambitious and you're trying
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to be uh you know hustler or whatever the fuck you guys call yourselves and you got your cousin or your
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aunt or your mom or your fucking dad or whoever who says oh dude all you care about is money all you
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think about is money is bad you don't need it you know uh you need to worry about other shit the money
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dude that's coming from people that don't fucking have any realize that you're never going to find
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somebody who made a lot of fucking money that says anything like that because i could tell you right
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now when you think about all the good things in the world when you think about like and this is what
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these motherfuckers like to throw up well i like to go volunteer my time in africa well who the fuck
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do you think pays for those trips people with fucking money well i like to go uh you know i like
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to go volunteer my time on missions well who the fuck do you think pays for those trips people who
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donated money well i like to help the homeless i'm gonna go hand out this or that well who pays for
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the shit that you handed out people with money okay your obligation is to make a lot of fucking
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money you have an obligation to your fucking family and if you don't have a family yet you have an
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obligation to your future family to be successful to work hard to fulfill your potential and to make a
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lot of money because guess what whatever you do is what they're gonna do and you do you want your
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kids to grow up struggling and looking at you know uh as an example of of mediocrity or do you want
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your kids to grow up and understand that if they put in effort they put in time they put in work
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that they're going to be rewarded and that they should actually take the money responsibly and go do good
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things okay i'm sick and tired of the fucking money conversation i'm sick and tired of the loser
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fucking motherfuckers out there that boohoo and fucking cry and and try to point the finger about
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money morality there's nothing more immoral than not fulfilling the potential that you have been
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gifted with with this life on this earth nothing there if you're if you're you know if you believe in
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god and you talk about god the creator do you think god is happier with somebody who sits on their
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fucking ass watches the clock it collects a bullshit paycheck or do you think he's happier with the
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guy who goes out creates a fucking company feeds literally thousands of fucking people and makes oh
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he happens to make a lot of money himself which he donates a lot of it to help other people who do
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you think he's happier with who's fulfilling more potential if that were your kids who would you be
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more proud of stop listening to dumb motherfuckers about money stop listening if people come on your
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page you say shit when you say hey i'm an entrepreneur i'm trying to go hustle i'm trying
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oh and they say all you care about is my block the motherfucker you don't need that shit in your life
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it's it's an invalid argument it's an argument made by people who don't fucking know any better
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and who are who are basically justifying their own place in life which is a place of lack
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and if you could literally if you could look at somebody and say i got a thousand dollars in my
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hand and they'll say yeah i'll take it then fuck them i'm so fucking tired of this discussion i'm so
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tired of of people pointing the finger and saying money is bad you know what motherfucker i want all the
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money all of it you know why because i know i could do great shit with it and you should feel
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the same about yourself there should be no fucking hesitation in your heart there should be no guilt
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there should be no oh i don't know if i want to make a lot of money or i feel weird making a lot of
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money motherfucker if you have the money you could do whatever the fuck you want with it
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so what difference does it make if you have it and you get to choose wouldn't you want it in a
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responsible person's hands like yours that's going to do good shit with it
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you know in the past year chris and i have dude we fucking built our high school a baseball field
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a football field a fucking weight room okay we've given do literally hundreds of thousands of dollars
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to other charities we wouldn't be able to do that if we were fucking broke we wouldn't be able to
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provide the all the jobs here in our business if we didn't fucking work hard or if we took the idea
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of oh money's not that important we wouldn't it's not about us it's not about driving a fucking
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Lamborghini or driving a fucking nice car or going on nice trips that's what broke people tell you
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what it's about it's about providing real value to this fucking earth and your obligation to fulfill
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that so don't ever come at me with some bullshit about money i'll block your ass in one fucking
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second i don't have time for that shit money's a great thing i think so mark cuban says so