00:00:00,200 --> 00:00:03,866
We have to learn to really identify

00:00:03,866 --> 00:00:08,066
our gems and our amazing people,
and we all need to start working together.

00:00:08,466 --> 00:00:10,033
And then,

00:00:10,033 --> 00:00:12,266
I think that once we start doing that

00:00:12,266 --> 00:00:17,700
and start really sharing knowledge,
looking at how we can move together

00:00:17,700 --> 00:00:20,766
and not really be competition
with each other.

00:00:21,800 --> 00:00:23,700
If you believe
we can change the narrative,

00:00:23,700 --> 00:00:25,900
if you believe
we can change our communities,

00:00:25,900 --> 00:00:29,266
if you believe we can change the outcomes,
then we can change the world.

00:00:30,000 --> 00:00:33,400
I'm Rob Richardson,
welcome to disruption. Now.

00:00:34,133 --> 00:00:34,366
All right.

00:00:34,366 --> 00:00:37,366
Welcome to disruption now I'm your host,
a moderator, Rob Richardson.

00:00:37,833 --> 00:00:42,200
So with me is Lamar Wright
is the, founder of, Black Wealth Events

00:00:42,533 --> 00:00:45,033
and is all about empowering,

00:00:45,033 --> 00:00:47,933
you know, black wealth and making
sure that we are in the new wave

00:00:47,933 --> 00:00:51,000
of building in technology and also
that we're building generational wealth.

00:00:51,433 --> 00:00:53,800
And that's what he's all about in Lamar.

00:00:53,800 --> 00:00:56,733
It's pleasure to have you on the
on the broadcast, brother.

00:00:56,733 --> 00:00:57,933
Thank you for having me.

00:00:57,933 --> 00:01:01,466
Excited to be able to have a conversation
with you and the audience

00:01:01,466 --> 00:01:04,200
and seeing how we can continue
to move things forward.

00:01:05,500 --> 00:01:05,866
All right.

00:01:05,866 --> 00:01:10,700
So tell me so black wealth events
like what inspired you

00:01:10,700 --> 00:01:14,866
to create this, this platform
and what is the purpose behind it?

00:01:16,700 --> 00:01:20,400
I would say, black Wealth event is

00:01:21,766 --> 00:01:24,300
really to aggregate

00:01:24,300 --> 00:01:28,600
the idea of economic competitiveness
within black America.

00:01:29,500 --> 00:01:31,666
We use Martin Luther King's

00:01:31,666 --> 00:01:34,666
economic strategy as our cornerstone.

00:01:34,833 --> 00:01:37,766
And then we do overlays of the principles

00:01:37,766 --> 00:01:40,766
of circular economics.

00:01:41,100 --> 00:01:43,766
All of this
kind of come about from my pivot

00:01:43,766 --> 00:01:47,500
into the client relations
aspect of what my company does.

00:01:48,433 --> 00:01:52,333
We are a lifestyle and branding firm
that specializes

00:01:52,333 --> 00:01:55,333
in image
consulting, creative direction and,

00:01:56,466 --> 00:01:57,666
client relations.

00:01:57,666 --> 00:02:00,800
So over the pandemic,
we had to kind of pivot into the client

00:02:00,800 --> 00:02:03,800
relations aspect of what we did.

00:02:03,800 --> 00:02:07,066
And I was pulled into the family
office space.

00:02:07,066 --> 00:02:11,966
And for our audience
that probably doesn't know family office.

00:02:12,200 --> 00:02:15,466
A family office is basically a private

00:02:15,466 --> 00:02:20,300
organization
set up to manage the wealth, investments

00:02:20,300 --> 00:02:25,733
and personal, affairs
of a wealthy family and basically,

00:02:25,766 --> 00:02:29,833
I always say they're so rich,
they're their own bank, you know, trying,

00:02:30,966 --> 00:02:31,766
in that world,

00:02:31,766 --> 00:02:34,766
I saw that they don't not
look at each other as competitive.

00:02:34,766 --> 00:02:39,733
Their colleagues, they share rings,
they share deals, they commune together.

00:02:39,966 --> 00:02:42,966
And I'm like, wow, you know,
this is something that

00:02:43,466 --> 00:02:48,466
is a little different approach to a
collaborative experience for my community.

00:02:48,466 --> 00:02:51,466
And so that is how Black Wealth Office
was created.

00:02:52,433 --> 00:02:55,433
Now, it's fascinating
because it's something that I've,

00:02:56,100 --> 00:02:58,066
both struggle
with and work towards. Right.

00:02:58,066 --> 00:02:59,700
Because I've,

00:02:59,700 --> 00:03:02,433
worked to align and still do,

00:03:02,433 --> 00:03:05,400
with black folks as much as possible.

00:03:05,400 --> 00:03:06,733
Right.

00:03:06,733 --> 00:03:09,800
How are you breaking this down?

00:03:09,800 --> 00:03:10,966
Because there are barriers.

00:03:10,966 --> 00:03:15,633
We know institutionally that,
you know, we are we put in our brain

00:03:15,633 --> 00:03:18,633
that's been passed on like this,
nobody else that's now

00:03:18,900 --> 00:03:20,400
we kind of carry this, I think,

00:03:21,466 --> 00:03:22,866
reservation or

00:03:22,866 --> 00:03:25,866
seeing each other as competition
rather than collaborators.

00:03:26,666 --> 00:03:28,666
How are you really addressing

00:03:28,666 --> 00:03:31,666
that through your events
or through your platform?

00:03:31,933 --> 00:03:35,766
So we focus on information,

00:03:36,000 --> 00:03:39,000
creating infrastructure and given access.

00:03:39,700 --> 00:03:42,933
And what I do know about our community
is that

00:03:42,966 --> 00:03:46,000
if you want to be a,

00:03:47,333 --> 00:03:50,066
a voice, you have to demonstrate.

00:03:50,066 --> 00:03:52,800
So what we've been doing through,

00:03:52,800 --> 00:03:56,700
our flagship,
event series called The Wealth we get,

00:03:57,133 --> 00:03:59,700
we have, had,

00:03:59,700 --> 00:04:02,800
socials and conversations

00:04:02,800 --> 00:04:07,766
and discussions about certain topics,
but after everything we have had

00:04:07,800 --> 00:04:12,600
call to actions and demonstrated
what collective mindset, collective unison

00:04:12,866 --> 00:04:15,866
and partnerships really can,

00:04:17,466 --> 00:04:19,166
we really can create.

00:04:19,166 --> 00:04:24,200
So that's how I'm going at it
as a demonstration of how it can be done.

00:04:24,300 --> 00:04:26,400
And I do it on a high level.

00:04:26,400 --> 00:04:27,566
Right? No, it makes sense.

00:04:27,566 --> 00:04:32,233
I mean, you you you learn, you teach,
and you connect by actually doing.

00:04:32,600 --> 00:04:33,700
Right. So you've worked.

00:04:33,700 --> 00:04:35,833
So I know you had the wealth weekend.

00:04:35,833 --> 00:04:37,333
You had one this year.

00:04:37,333 --> 00:04:40,633
So what was the biggest takeaways and
what's the what's the hope for the future.

00:04:40,633 --> 00:04:43,400
Because I'm assuming
we're going to do 1 in 2025.

00:04:43,400 --> 00:04:46,333
Well the wealth weekend is three part
right.

00:04:46,333 --> 00:04:48,666
So this year we did two parts.

00:04:48,666 --> 00:04:51,200
We did the Wealth Week and Kentucky Derby.

00:04:51,200 --> 00:04:54,633
And we did
well for weekend Juneteenth, NYC.

00:04:55,833 --> 00:05:00,300
So we did two two series this year
and 2025.

00:05:00,300 --> 00:05:03,300
They will be doing the whole three part
series.

00:05:04,100 --> 00:05:08,033
I would say the take away this year,
which is fantastic.

00:05:08,433 --> 00:05:12,033
We have created a public

00:05:12,033 --> 00:05:15,866
private partnership with to HBCUs.

00:05:16,366 --> 00:05:21,666
So the first HBCU,
which is a private is, Simmons College

00:05:22,200 --> 00:05:24,733
and the next is Kentucky State

00:05:24,733 --> 00:05:27,733
University, which is a public university.

00:05:28,000 --> 00:05:31,833
And they're doing a joint venture
to create a curriculum

00:05:32,233 --> 00:05:37,700
of, circular economics with our partner,
the Circular Economy Alliance of Europe.

00:05:38,200 --> 00:05:40,900
So that's one thing
that was you talked about

00:05:40,900 --> 00:05:43,900
what is circular economics
for people like, what is that?

00:05:44,333 --> 00:05:45,133
Yeah.

00:05:45,133 --> 00:05:47,033
Sometimes I have to break it down.

00:05:47,033 --> 00:05:49,933
Yes, I have to spend. Excuse me.

00:05:49,933 --> 00:05:52,633
I would say circular.

00:05:52,633 --> 00:05:53,400
How would I put it?

00:05:53,400 --> 00:05:57,000
Circular economics
for the black community.

00:05:57,433 --> 00:05:59,166
I would say it's keeping

00:06:00,266 --> 00:06:01,900
wealth within the community.

00:06:01,900 --> 00:06:05,200
So whereas moneys earned by individuals,

00:06:05,400 --> 00:06:09,866
it's reinvested
in black owned businesses and services.

00:06:09,866 --> 00:06:13,433
And we're creating
a loop of economic empowerment.

00:06:13,800 --> 00:06:16,800
So I'm looking at this is,

00:06:18,933 --> 00:06:21,200
how do we build resilient

00:06:21,200 --> 00:06:24,200
and sustainable communities
and what we're doing,

00:06:25,200 --> 00:06:27,566
that is what's modernizing Martin

00:06:27,566 --> 00:06:30,566
Luther King's economic strategy for today.

00:06:31,666 --> 00:06:33,900
Now, that's, no,
I think one of my favorite quotes

00:06:33,900 --> 00:06:36,900
by a doctor, Martin Luther King,
which is never really talked about,

00:06:37,100 --> 00:06:39,266
is when he discusses love and power.

00:06:39,266 --> 00:06:42,800
He said he said power
without love is reckless and abusive,

00:06:43,266 --> 00:06:45,866
but love without power is sentimental
and anemic.

00:06:45,866 --> 00:06:47,433
Right? We need health.

00:06:47,433 --> 00:06:50,900
And, yeah, I think it was mortgaged
to bind us at this.

00:06:50,900 --> 00:06:53,666
Like, you know, black folks are obsessed
with profit.

00:06:53,666 --> 00:06:58,366
Like, everything is, is a nonprofit
and everything is about that versus

00:06:58,633 --> 00:07:01,266
how do you actually make money
off of this, right.

00:07:01,266 --> 00:07:04,266
So like, we like reframing the mindset

00:07:04,300 --> 00:07:08,866
and not seeing it as a dirty thing
or an evil thing.

00:07:09,166 --> 00:07:12,000
It is a necessary thing for you

00:07:12,000 --> 00:07:15,966
to be able to even have the, social impact
you want to have.

00:07:16,166 --> 00:07:19,533
So I think some of it is like a reframing
of our almost psychology.

00:07:19,566 --> 00:07:22,200
I say like, right, right is right.

00:07:22,200 --> 00:07:26,600
So how do you talk about this with
because I found this and you know, of

00:07:27,000 --> 00:07:29,600
when my own family and other folks
as you, as you, as you,

00:07:29,600 --> 00:07:33,666
as you start to generate
some wealth, you know, people are,

00:07:35,333 --> 00:07:35,833
their goal is

00:07:35,833 --> 00:07:39,033
just to hold on to that
and not necessarily invest it

00:07:39,033 --> 00:07:42,366
because they think they're going
to lose everything that they've gained

00:07:42,833 --> 00:07:46,133
and that fear, as you know,
obviously prevents opportunity for growth.

00:07:46,666 --> 00:07:50,433
How do you get past that first mindset,
that one like in terms of that, like,

00:07:50,433 --> 00:07:53,733
do you have any type of specific advice
when it comes to that?

00:07:54,500 --> 00:07:57,566
Well, I always consider it a lack mindset.

00:07:57,566 --> 00:07:58,733
Right.

00:07:58,733 --> 00:08:01,166
And I think due

00:08:01,166 --> 00:08:04,166
to the fact that I'm, spiritual,

00:08:04,300 --> 00:08:08,033
I kind of pull from those, universal

00:08:08,400 --> 00:08:11,400
principles, understanding that,

00:08:12,233 --> 00:08:13,966
we're not here for lack.

00:08:13,966 --> 00:08:16,466
We're here to live in abundance. Right.

00:08:16,466 --> 00:08:19,566
And you have to have some type

00:08:19,566 --> 00:08:23,466
of strategy and and engagement and learn,

00:08:24,100 --> 00:08:29,266
like continuously learning to be able
to take the money that you save,

00:08:29,566 --> 00:08:33,600
put it somewhere
so that it grows and create some type of,

00:08:35,233 --> 00:08:37,700
some, some type of,

00:08:37,700 --> 00:08:38,933
investment for yourself.

00:08:38,933 --> 00:08:41,833
Like your money needs to work. Well.

00:08:41,833 --> 00:08:45,800
So the I tell people all the time
like this is what they don't understand

00:08:45,800 --> 00:08:50,166
is that you save money and you just park
it, you're actually losing money.

00:08:50,500 --> 00:08:51,966
You're losing money in all types of ways.

00:08:51,966 --> 00:08:55,600
Like you're losing money
for inflation, minimum 2%, you know.

00:08:55,600 --> 00:08:57,633
But lately it's been six, seven, 8%.

00:08:57,633 --> 00:09:02,166
But like minimum 2 or 3% a year that's
you're so you're you're losing the value.

00:09:02,200 --> 00:09:05,200
That dollar becomes $0.98. Right.

00:09:05,433 --> 00:09:08,200
And then if you're not thinking ahead on

00:09:08,200 --> 00:09:10,433
this is when you start
making any type of money,

00:09:10,433 --> 00:09:13,400
how are you making sure
that you are keeping your

00:09:13,400 --> 00:09:16,500
in a legal way, your tax burden low
because then you're also losing money.

00:09:16,633 --> 00:09:20,233
This is what people,
what I've learned, very wealthy people.

00:09:20,833 --> 00:09:22,966
And I hope to be there one day.

00:09:22,966 --> 00:09:25,566
They have a strategy to get that way.

00:09:25,566 --> 00:09:27,100
It's a strategy. It's not like,

00:09:28,833 --> 00:09:30,833
people think that there's luck involved.

00:09:30,833 --> 00:09:33,233
It's probably some luck involved
if you get to $1 billion.

00:09:33,233 --> 00:09:36,366
But in terms of like in terms
of getting to that level over time,

00:09:36,900 --> 00:09:41,000
but to get to the levels of,
of most people's goal to get to millions,

00:09:41,200 --> 00:09:44,400
that's a strategy usually
that people don't really think about.

00:09:45,466 --> 00:09:47,366
And it does say collaboration
in the black community.

00:09:47,366 --> 00:09:49,500
So if you had to say one takeaway,

00:09:49,500 --> 00:09:53,000
then I want to talk about
I one most important thing,

00:09:53,833 --> 00:09:58,633
one should do to position themselves
for general wealth.

00:09:58,633 --> 00:10:00,633
What's the one thing they should do
that's the most important?

00:10:00,633 --> 00:10:03,633
If you had to say,

00:10:03,800 --> 00:10:06,800
I would say maybe the

00:10:07,200 --> 00:10:08,833
learn

00:10:08,833 --> 00:10:13,166
to teach yourself,
because it is an educational process.

00:10:13,200 --> 00:10:16,200
We have to learn the different avenues.

00:10:16,200 --> 00:10:19,200
There's not one way to create wealth.

00:10:19,233 --> 00:10:23,100
And depending on your own personal need,

00:10:23,333 --> 00:10:26,333
is the route
that you're going to need to take.

00:10:26,466 --> 00:10:29,466
Even when you speak to asset management

00:10:29,466 --> 00:10:34,400
firms and and things of that nature,
they have to sit down with you and create

00:10:34,400 --> 00:10:38,500
a plan specifically for you and your goals
and what

00:10:38,500 --> 00:10:41,733
you have already. So,

00:10:42,833 --> 00:10:44,133
the more that you learn, I

00:10:44,133 --> 00:10:47,700
think you need to learn about insurance,
like life insurance and,

00:10:48,633 --> 00:10:51,833
dividend and diversification

00:10:51,833 --> 00:10:55,666
of a portfolio and budget go budget.

00:10:56,500 --> 00:10:59,700
The these are all terms that I think

00:10:59,700 --> 00:11:04,500
that we try to over overlook,
but we need to take the time to really,

00:11:05,700 --> 00:11:07,533
educate ourselves on them.

00:11:07,533 --> 00:11:08,100
Yeah, I agree,

00:11:08,100 --> 00:11:10,900
I just felt like the most important thing
I think that I've done in that area

00:11:10,900 --> 00:11:13,366
is just just create the habit
of actually saying

00:11:13,366 --> 00:11:16,366
decide and investing in yourself
and saving first and putting stuff away,

00:11:16,600 --> 00:11:17,800
like not thinking about it.

00:11:17,800 --> 00:11:19,533
That has been the most important thing.

00:11:19,533 --> 00:11:21,833
That's the most important way to start.

00:11:21,833 --> 00:11:23,433
And then you see it and you see it grow.

00:11:23,433 --> 00:11:24,833
It changes your mindset.

00:11:24,833 --> 00:11:25,666
You're like, yeah, okay.

00:11:25,666 --> 00:11:27,733
Yeah, I just had you look at it
five years.

00:11:27,733 --> 00:11:30,566
You're like,
oh yeah, I said this five years earlier.

00:11:30,566 --> 00:11:33,566
But anyway, that's is what it is.

00:11:33,600 --> 00:11:36,533
Technology
obviously is, is is playing a huge role

00:11:36,533 --> 00:11:38,800
within wealth creation and opportunity.

00:11:38,800 --> 00:11:43,166
Like how do you see I reshaping
the opportunities for black wealth

00:11:43,166 --> 00:11:46,233
in the black community and, and how people
will be thinking about that?

00:11:48,133 --> 00:11:48,600
Well, I'm

00:11:48,600 --> 00:11:51,700
glad that you mentioned that, during our,

00:11:52,433 --> 00:11:55,800
Wealth Weekend Juneteenth NYC event, we,

00:11:56,200 --> 00:11:59,200
strategic speak about,

00:11:59,700 --> 00:12:03,900
tech, blacks and tech from
the aspect of us not being involved

00:12:03,900 --> 00:12:09,033
into it, the the avenues
and which is not mentioned or mainstream.

00:12:10,033 --> 00:12:12,633
I think that tech has an opportunity

00:12:12,633 --> 00:12:16,033
to really create new millionaires,
new billionaires.

00:12:17,333 --> 00:12:20,800
I also think it's a way for our community

00:12:20,800 --> 00:12:24,966
to, gain some ground in the playing field.

00:12:25,733 --> 00:12:29,700
But it also has the ability
to be weaponized against us.

00:12:30,066 --> 00:12:34,500
And we need to create our own tech
companies.

00:12:34,500 --> 00:12:37,500
We need to understand that
equity is ownership.

00:12:37,966 --> 00:12:41,366
So we need to start
developing these things ourselves.

00:12:41,566 --> 00:12:45,100
And just for a quick
example is if you're looking at

00:12:45,100 --> 00:12:47,066
how tech is being used against that,

00:12:48,600 --> 00:12:48,933
facial

00:12:48,933 --> 00:12:51,933
recognition,
it doesn't have enough of us, a part of it

00:12:51,966 --> 00:12:56,566
so that it cannot diversify
and distinguish our, our features.

00:12:56,566 --> 00:13:00,133
And there's not really many black people
that in the engineering

00:13:00,133 --> 00:13:03,200
aspect of it, they're saying, hey,
you know, this isn't right.

00:13:03,200 --> 00:13:05,500
That isn't here to the left.

00:13:05,500 --> 00:13:08,500
And then you're getting, marked
as someone else,

00:13:09,233 --> 00:13:12,233
which is which, by the way, it's not, it's
not it's not a theoretical thing.

00:13:12,233 --> 00:13:13,633
This is already happened.

00:13:13,633 --> 00:13:13,800
Right.

00:13:13,800 --> 00:13:17,000
There's there's a case in Louisiana
where that happened, where it identified,

00:13:17,933 --> 00:13:18,766
a black man wrongly.

00:13:18,766 --> 00:13:22,566
And he was in jail,
a misidentified black woman.

00:13:23,566 --> 00:13:26,100
These things are not, like, theoretical.

00:13:26,100 --> 00:13:27,900
They are actually happening. And,

00:13:27,900 --> 00:13:31,866
you know, and this is why I tell people,
if you want to really be involved in

00:13:32,933 --> 00:13:35,100
social impact, in civil rights,

00:13:35,100 --> 00:13:37,733
the best, the best place to do
that is with the technology now,

00:13:37,733 --> 00:13:38,700
and to become a builder

00:13:38,700 --> 00:13:41,266
and to become intentional
and to challenge the status quo.

00:13:41,266 --> 00:13:42,800
That way.

00:13:42,800 --> 00:13:45,266
I'm not against protesting.

00:13:45,266 --> 00:13:47,066
I'm not anti that.

00:13:47,066 --> 00:13:49,033
I just think there is a limit to that.

00:13:49,033 --> 00:13:51,366
I mean, it's, you know,
I'm not going to go to political,

00:13:51,366 --> 00:13:54,533
but if you look and see what happened
this last election, that was, that was now

00:13:54,900 --> 00:13:57,900
that was algorithms versus old school.

00:13:58,200 --> 00:14:01,833
I just tell people, would you want to?

00:14:02,800 --> 00:14:05,033
We are all interconnected.

00:14:05,033 --> 00:14:07,766
So when you want to, tackle

00:14:07,766 --> 00:14:11,400
a project or problem,
you have to take a holistic approach.

268
00:14:11,733 --> 00:14:15,200
So there's not
one way to do something. Yep.

00:14:15,333 --> 00:14:18,133
So it's going to take multiple avenues.

00:14:18,133 --> 00:14:19,933
You know,
I don't think that what we're doing

00:14:19,933 --> 00:14:23,466
with black wealth advance in the wealth of
weekend is going to solve every problem.

00:14:23,700 --> 00:14:26,700
No, but I'm hoping that what it does is

00:14:26,700 --> 00:14:30,800
bring leaders together
and create some type of,

00:14:32,133 --> 00:14:35,133
pathway for us to move.

00:14:35,966 --> 00:14:41,233
One of the things that really shook me to
my core was when you look at what,

00:14:41,633 --> 00:14:45,233
black America contributes to the, GDP,

00:14:46,866 --> 00:14:50,700
we are basically hope, close to 1%.

00:14:52,800 --> 00:14:54,533
So we have 3.2

00:14:54,533 --> 00:14:57,600
million businesses
or some something like that,

00:14:58,000 --> 00:15:00,900
and we're only contributing basically

00:15:00,900 --> 00:15:03,900
a point to the national GDP.

00:15:04,066 --> 00:15:06,333
The best,

00:15:06,333 --> 00:15:09,433
ethnic group, I would say
that's out there, which is the Asian,

00:15:10,100 --> 00:15:13,233
as far as that, they're only doing 4%,

00:15:13,933 --> 00:15:16,933
but 1% is what we were doing
when we're out of slavery.

00:15:17,700 --> 00:15:24,200
So there is something missing in
and what I am hoping to do

00:15:24,200 --> 00:15:27,966
is be the intermediary between, act

00:15:28,500 --> 00:15:31,733
well and focus and purpose.

00:15:32,666 --> 00:15:35,100
Yeah. All right.

00:15:35,100 --> 00:15:36,600
What's the best case?

00:15:36,600 --> 00:15:41,133
I say, what's the worst case scenario
for black wealth inequality?

00:15:41,600 --> 00:15:44,100
Without some intervention,
what's the worst case?

00:15:44,100 --> 00:15:46,966
And what's the best case?
And how do we make the best case happen?

00:15:46,966 --> 00:15:49,966
So the best case of the worst case? Both.

00:15:50,200 --> 00:15:53,033
So what's the worst case? Right.

00:15:53,033 --> 00:15:55,433
The worst case is let's continue
with the best case.

00:15:55,433 --> 00:15:58,866
And how do we try to envision
that, happening.

00:15:59,400 --> 00:16:02,666
Well, to me
the worst case scenario is us doing what

00:16:02,666 --> 00:16:05,700
we've been doing because, you see,
it hasn't moved the needle.

00:16:08,366 --> 00:16:09,533
I would say the

00:16:09,533 --> 00:16:12,633
best case scenario is that

00:16:13,833 --> 00:16:18,300
we really understand
that we have all of these affinity

00:16:18,300 --> 00:16:21,300
groups, and and black America has,

00:16:24,033 --> 00:16:26,200
We've been there, we've done things.

00:16:26,200 --> 00:16:30,600
We've been part of, you know,
we've been part of all aspects of business

00:16:30,600 --> 00:16:33,600
and health care and industry and finance.

00:16:35,066 --> 00:16:40,833
We have to learn to really identify
our gems and our amazing people.

00:16:40,833 --> 00:16:43,333
And we all need to start working together.

00:16:43,333 --> 00:16:44,933
And then,

00:16:44,933 --> 00:16:47,100
I think that once we start doing that

00:16:47,100 --> 00:16:52,533
and start really sharing knowledge,
looking at how we can move together

00:16:52,533 --> 00:16:55,633
and not really be competition
with each other,

00:16:55,866 --> 00:16:58,800
I think that we'll start
seeing a lot more movement

00:16:58,800 --> 00:17:03,333
and then really like loving on ourselves,
like our businesses,

00:17:04,200 --> 00:17:07,466
our talent, our thought process.

00:17:08,366 --> 00:17:09,600
Yeah, I do understand that.

00:17:09,600 --> 00:17:11,066
That's the American export.

00:17:11,066 --> 00:17:14,000
Our culture is Americans export.

00:17:14,000 --> 00:17:17,033
So we need to understand that
we are a value,

00:17:17,266 --> 00:17:20,966
but we need to understand that
the value is together and to monetize.

00:17:21,000 --> 00:17:23,166
And we need to really support each other

00:17:23,166 --> 00:17:26,166
and protect each other
because they'll come in and say,

00:17:26,366 --> 00:17:29,600
I'll give you this amount of money
so you can give me what y'all doing.

00:17:29,900 --> 00:17:30,933
And then they do it.

00:17:30,933 --> 00:17:33,300
And then now we don't have any ownership.

00:17:33,300 --> 00:17:35,566
Look at we can just look at hip hop.

00:17:35,566 --> 00:17:38,100
We can, you know, maybe get a hip hop.

00:17:38,100 --> 00:17:41,766
And then if you take how good algorithms
are getting and, you know,

00:17:42,866 --> 00:17:44,400
the biggest debate is who owns the data.

00:17:44,400 --> 00:17:46,200
That's a whole
nother question that we can get into.

00:17:46,200 --> 00:17:47,400
But we, you know, needs it.

00:17:47,400 --> 00:17:50,400
That's exciting now. And things

00:17:50,500 --> 00:17:54,866
that I tell you, it's,
I mean, algorithms pull from information

00:17:54,866 --> 00:17:57,866
and, you know, it's like you
we have to be, like,

00:17:58,066 --> 00:18:01,000
involved in this process
to in order in order

00:18:01,000 --> 00:18:03,000
to make sure that we might have ties
and we have to move quickly.

00:18:03,000 --> 00:18:05,233
So what are some final takeaways?

00:18:05,233 --> 00:18:08,233
I guess, like, that you would want
to give people like what?

00:18:08,900 --> 00:18:11,900
When it comes to black wealth events,
how can people get involved?

00:18:12,366 --> 00:18:15,366
What do they need to do in order to,
in order to learn more?

00:18:15,566 --> 00:18:17,866
Well,

00:18:17,866 --> 00:18:20,400
I would say a black wealth event.

00:18:20,400 --> 00:18:22,466
There's black wealth events.com.

00:18:22,466 --> 00:18:27,433
It actually, is a place where you can
go, you can register.

00:18:27,433 --> 00:18:29,066
We'll be sending out information.

00:18:29,066 --> 00:18:31,966
We'll be creating, seminars.

00:18:31,966 --> 00:18:35,300
We'll be engaging different
podcasts, like your own,

00:18:36,266 --> 00:18:39,266
newsletters and things
where we'll be sending out information

00:18:39,266 --> 00:18:43,200
and we'll be bringing on experts
in their field.

00:18:43,200 --> 00:18:48,000
We'll be having white papers done for
cities and economic development groups.

00:18:48,933 --> 00:18:53,066
And we'll be actually creating
opportunities for black

00:18:53,400 --> 00:18:58,666
American businesses
and founders to actually source capital.

00:18:59,100 --> 00:19:04,133
So now we are looking
just to be a resource for the community,

00:19:04,600 --> 00:19:07,800
a safe place
for allies and supporters to come.

00:19:07,966 --> 00:19:09,966
Because the this black America.

00:19:09,966 --> 00:19:14,433
But we do understand that we have others
that actually can support

00:19:14,433 --> 00:19:15,600
and be allies of us.

00:19:15,600 --> 00:19:18,300
That's where collaboration and partnership
comes.

00:19:18,300 --> 00:19:21,566
So black wealth events.com and,

00:19:22,133 --> 00:19:27,166
black wealth events on Instagram
and Facebook and LinkedIn.

00:19:27,900 --> 00:19:29,800
Yeah. Lamar it's a it's a pleasure.

00:19:29,800 --> 00:19:31,500
Let us know how we can help you.

00:19:31,500 --> 00:19:34,233
We appreciate you being a disruptor
and coming on the show.

00:19:34,233 --> 00:19:36,500
Thank you Rob I appreciate you having me.

00:19:36,500 --> 00:19:39,266
And let's continue to define absolutely.