ECS EP37 - DJ Paul Transcript

00:00:00 made an album for $4,500 turned into over 45 million wow you won three Grammy three Grammys yeah we won the first one we walked off stage and they was like hell up y'all nominated for two more call our names again and they call our name again I work hard 24 hours a day almost but sometime I don't go to the studio for a month or months but when I go in there I might go in there for 2 weeks straight and knock out an album what do you think the greatest accomplishment that you've given to music is changing The Sound of Music the

00:00:30 biggest mistake that people make in the music industry is getting these big upfront advances doing all these concerts and making all this money and not remembering that only probably 25% of your money is really yours to use share some challenges when you started be honest we didn't really have no challenges DJ Paul what's up welcome to podcast man thanks for having me man I've been hearing so many great things about you from yellow wolf and Edward Crow and struggle and kind of the whole crew yeah liar there we go but glad

00:01:08 you're finally uh I got to finally hang out with you yeah man same thing man Edward T I call him ounce yep is a CO if I call him oh sure ounce there you go ounce uh he talked good about you man and I'm glad we could make it happen you know yeah absolutely to be over here big GE this year you won what it was it three Grammys three gramys yeah and what's that like you know you you you coming from Memphis um you know you built your career kind of like a a legendary not kind of a legendary career and uh you know the biggest award at

00:01:41 least to me is the Grammys you didn't just win one uh you won three what's what's that like yeah man it was it was amazing man I you know like I couldn't believe it you know when we won the first one that night and then um we walked off stage and they was like hold up y'all nominated for two months you never know you might win I was like what then they call our names again then we walked out stage and they like hold up then they call our name again I was like God this is crazy you know and it was amazing because you know growing up

00:02:12 I won the Oscar before obviously you know 2006 you know I didn't see that coming but I didn't even know what an what an Oscar was because that's for actors and people in the TV and obviously I wasn't in the TV so um one the Oscar and you know I was happy with that but you know on the inside I still wanted to Grammy because you know I'm a musician y so uh you know and then it it happens you know like took me almost a half a hundred years but it happened yeah most people don't get it in their you know musicians don't even get their

00:02:45 their entire life so yeah it's a major award we actually went out there uh for jelly he was nominated and uh we was there that that was jelly was there the same day I didn't get a chance to see him but yeah yeah so it was uh it was cool kind of seeing it all unfold and seeing kind of Tennessee guys you know be nominated or win the big award yeah so when did you start like you started uh DJing when you were a kid correct yeah uh like 1990 1990 10 grade is yeah so yeah long time ago so this right here

00:03:18 make like 34 years for us wow wow wow what was it like 1990 kind of when you started what was the the hip-hop scene like man it was just starting to crank up at Memphis it was it was going crazy had guys like DJ Spanish Fly you know DJ BK and Sunny D rest in peace and man those guys was they like kind of well not kind of they they was Spanish Fly he like started like the whole thing was kind of going on uh with a lot of stuff out here so the cool part about him is he was a DJ the djed in all of the popping clubs in

00:03:56 Memphis but he also rapped so he made Beats DJ and rap and I modeled myself behind him I still talk to him and uh coincidentally we end up finding out we got the same birthday oh wow so now we celebrate our birthdays together sometime but but he's you know he's way older than me and uh I would see him like at the stores and stuff at the when I would go to the keyboard stores and uh and just be looking around I'll see him in there looking at keyboards and buying keyboards and stuff and I be like God

00:04:26 damn it that's Spanish F but yeah so ask your question that Memphis uh music scene was was popping in with the r it was only like two or three of them M but they was the city was playing them in heavy rotation on raadi they're just so happy to have uh local talent you know come out and uh and rap then and uh they supported it to the bullets and still today Memphis support the hell out of they they they Rappers that's awesome they don't really listen to rappers out of town except M rappers or in rappers

00:05:01 out of town that sound like Memphis rappers which is basically everybody they so you were 11 though when you started DJing is that is that correct no i w 11 you wer 11 how I was I no I was 12 when I started trying okay when I started trying I was I was 11 but when I first start when I first went in the studio to start making a a a EP I was in like the ninth 10th grade 10th grade and when you when you started you know what was the goal so like your mindset was I'm going to be the biggest DJ in the

00:05:33 world or I just want to do it locally or how was what were you thinking then I didn't really have a goal to be honest I just wanted to do it yeah yeah sometimes it works better that way it can yeah absolutely not always I'm not saying don't have goals in life but you know it's good to have goals but sometimes sometimes you can uh jinx it you got goals like people I see people come to the studio cuz I produce a lot of people I make beats for a a lot of people and right for a lot of people and they'll be

00:06:03 like man look man we going to win an Oscar with this one too we going to win a Grammy with this one too I'm like look dude when I want an Oscar and a Grammy I didn't even know what the Oscar was right it was the last thing on my mind y I was more trying to think of what strip club I was going to go to that night I just having to get a call in the morning and said I was nominated for an Oscar so um yeah sometimes it I like obviously have some sort of a goal like be like like I want to you know I want to do

00:06:29 good in this I want to be successful in this or that sure but you can't really um count your eggs before they hatch count your chickens before they hatch you know what I'm saying yeah absolutely and were were you very passionate about it though yeah for sure well I grew up in a musical family okay my my uncle's had a gospel group called The Bogard Brothers okay so I grew up around music okay yeah so you're passionate about it yeah a lot of times when you're passionate you don't have goals you just

00:06:55 love what you're doing and then you make a great product you know based off that passion well that's where it come from you know that's the difference between somebody loving what they do and somebody just doing it cuz they see somebody else successful with it it don't really happen like that when that's and that be the problem with a lot of uh musicians they are especially rappers probably Mo only or mostly rappers is they want it because they see um guys with the nice girls and rolls-royces and whatnot on a on a video

00:07:29 mhm you know they just don't know that that [ __ ] is rented you know what I'm saying but um and that's the reason why they want and sometime they works yeah sometime it works cuz it worked for me like that but not looking at at videos cuz I knew that was fake yeah it works for me watching Lifestyles of the Rich and Famous with uh Robin Leech yeah who I actually got a chance to hang out with a bunch of times before he passed away in Las Vegas oh nice so um yeah that show and I probably got drunk in when I used to drink

00:08:00 got drunk maybe no for sure every time I hung out with him and told him that story nice how I was 12 years old watching U Lifestyles of the Rich and Famous on a black and white TV yeah man it's amazing when you're a kid or younger and and don't have you know a lot of money or I I grew up without a lot of money and I would see certain things like you know what I want to I want to have that one day yeah and then um you know you're talking about passion uh my experience I used train professional fighters I did that for a

00:08:32 long time and uh you know when I lost my passion for it and I wasn't really making that much money in the in the training aspect had a big gym but like when Fighters go to the UFC you really don't make that that much I was like you know it's time to do something else yeah I think passion really is is underrated for what it takes to be you know successful if you weren passionate with what you're doing you wouldn't you know after 35 years basically you know you wouldn't still be doing it yeah exactly

00:08:58 you don't passion you go get a cat but uh you want to you want to pay the bills man you gotta man you got to really be into it and it got to be something that's really for you and you got to really like doing it like like you say you you when you lost the passion for it it's time to go time to go man yeah you think about the hours too so if you weren't passionate with music and I find this with a lot of my friends that are music like you can sit for hours and grind it out and in many ways doesn't

00:09:26 feel like work because you're just in it this is what you love to do yeah exactly yeah and if I'm not making music I'm sitting up watching tutorials on how to make music yes even though I know how to make music I still want to learn much as much as I can or stay updated on the new equipment yeah you think about uh with the other musicians let's say in hip-hop um you know they do see like shiny objects and say I want that but you know at least what I hear from and struggle and jelly you know it was the grind of

00:10:04 being in the studio for hours constantly doing music you know just being super focused and doing what you love but just not you know not stopping would you say that your work ethic has been like that as well what said it working a lot yeah just like to where you're just grinding it out you're in the studio you're just always doing music and and you know not taking kind of the easy Road on you know I'm just not going to work or I'm just going to I want these things but I'm not willing to do what it takes to get there

00:10:36 oh no no yeah I work hard but now I'm going to tell you one thing that I do do MH I work hard super hard like 24 hours a day almost but I don't work work like I don't go in the studio if I'm not feeling it if I'm not feeling so some people be like like a lot of people you know they talk about the the music I making the Beats I'm making they be like man in the beach you make a day I be like bro sometime I don't go to the studio for a a month or months y but when I go in there you know I might go

00:11:08 in there for two weeks straight and knock out an album y you know the whole time I'm working I'm building up stuff like I might build up a I might build a make a piano Loop over here and put it to the side I might don't touch it for another three or four years you know and I might make some drums over here or record I record a lot of stuff in my phone and then you know when it's that time I go in and I start putting all of it together and I just knock it out yeah you know but I don't I don't do like

00:11:37 some people do what they just in the studio every day grinding every day every day grinding grinding grinding like I wish I could do that if I did that I'd probably be a billionaire right but uh I just I I don't do that like if it ain't for me I just I don't do it I heard about Asing I heard AAC Hayes was like that I don't know how true it was but I I knew a guy that was an engineer for him that was once an engineer for me and he said like Isaac Hayes was like that like if if Isaac Hayes one feeling

00:12:07 that that day he he tell everybody go home yep like go home and you keep in mind aaac Hayes was in a studio back in those days it was I don't know probably cost him five grand a day or something yeah he went at home recording in an iPhone like some of these kids do these days you know what I'm saying so I'm like that if I'm not feeling it I'm not going to go waste the engine time or my time or none of that yeah absolutely that makes sense uh so nth grade or so you started you know uh DJing you know

00:12:39 uh in clubs out in the public what was Evolution to where you know you started 36 mafia and actually you know started making good money doing something like this well basically what happened is um I started making mixtapes in uh in in uh high school and I was in high school that was the only place I had to sell them and then I would mix other people's songs but then I would mix in like one or two songs of mine and you know just to test it out and see what people thought to see if they T crap about it or not I

00:13:16 would mix it in between like some lqj and some NWA and some good [ __ ] M and I did that all the way up from volume 1 up to volume 16 but I started getting popular way before volume 16 I started getting super popular around volume 10 okay excuse me and um then volume 16 was the one that blew me up and that was in 1994 okay and so I was out of high school back then and um 1995 is when we made our first uh 36 Mia album and that's when we started making like big big money but I was already making good

00:13:57 money off the mix taste because when I was out of school I started selling them in the stereo stores I would sell them in stereo stores and they couldn't keep them they would sell them so fast you know we was only selling them for $4 a piece but we sell thousands of them yep you know so and you know I was young I was like I was a teenager so you know we're selling these tapes for $4 you know selling thousands of tapes and and I had nice cars and all that you know those was when I started making money

00:14:29 but making a big big money in 95 yeah what was what was that like you know 95 you start 36 mafia was that the year you started it no 36 mafia would have started in like 92 okay so you had it for three years uh you're working you're uh putting your different mixtapes together 95 what was the Catalyst that uh you know caused that success well we got a distribution deal okay so it went from selling to in the stereo stores to um to selling it in the real record stores but what I did was I took the mixtapes and I told them how

00:15:08 good they sold in the stereo stores and I told them to try them and uh in the real local record stores that we had which was a store called pop tunes which sure for popular tunes and um and they they did good and then they called a local distributor which was a guy named Johnny Phillips who the Son of Sam Phillips the had Ellis Presley and oh and he was like hey these dudes are selling tapes like crazy over here you should check him out and he called us in for a meeting and U he was like hey I'll

00:15:43 give you guys a distribution deal if y'all want to sell you tapes all over the the country and possibly the world uh he said I can't give you no money up front cuz I don't know enough about rap I don't know what this going to do it might don't do [ __ ] I said look we got the money I said you just give us the outlet we're take it from there yep and walked out uh out the door and we went made an album for $4500 and that turned into over 45 million wow that's incredible what's that like you know growing up in Memphis and all of a

00:16:15 sudden being a multi- you know millionaire not just a little bit you know 8 millionaire it was cool it was really cool like I was the first person to have a rollsroyce phantom everybody used to Trip J had a mayback you know man it was crazy we was man we was we was we was having a blast man was you know building houses from scratch and just living life yeah you think you were the biggest celebrity in Memphis at the time I for sure was the biggest celebrity in Memphis time absolutely yeah that's got to be wild I

00:16:47 mean growing up in in an are like growing up in Nashville for me and then you know you were around what 20 years oldish yeah uh just blowing up and all of a sudden you're the most famous person in Memphis you're a multi you know millionaire what's what's going on in your mind there so what what are you thinking like uh just just more mhm so we we uh started just making we started putting out like two albums a year but not 36 mafia we would put out other people was we would break up three s Mafia like not not fully we took out the

00:17:21 girl ganga boo which her birthday was yesterday rest in peace ganga bu I met yellow WF through ganga Buu she was the girl in our group so we would make so albums on her she made about three solo albums through us and um we make a 36 mafia album a ganger boo solo album a project pass solo album and we had a couple other guys with us that we made solo albums on and we would turn out like two albums a year all the way up to maybe like 2000 2001 mhm and then that's when people started to kind of fall off and you know this and that and

00:18:02 the the crew started to skim down and it went to like maybe one 36 mafia album every three years okay wait would you say people uh fell off you mean people in the group yeah in the crew group crew cuz out 36 mafia was a crew back in the day okay it's called Triple Six Mafia and it was like 20 of us okay yeah that's awesome man non alcoholic all right yeah I'm a big Wine Drinker so you are oh yeah I love wine yeah me too man yeah I'm 10 months off the real wine okay that's good that's good um yeah

00:18:38 it's been I got some there but in the in the house got a 12T wine display that we're putting in there and so it's going to be a good good little collection yeah put some non-alcoholic in there I will actually I have uh a DJ Paul Row for you there you go it's getting really popular like in uh you're starting to see it in restaurants okay yeah yeah I went to a restaurant in East Nashville yesterday they had non-alcoholic wine that's good yeah I haven't been able to give it up man I thought about like H you know what

00:19:08 I'm that's pretty much all I drink I don't really drink uh you know liquor or anything like that very much yeah you don't have to give it up cuz you got a um you you you you uh you got a job that you really got to be focused for you know you probably get up earli in the morning when you're a musician it's harder yep you know what I'm saying that's why so many musicians have addiction entertainers period have addiction issues because uh D I really have a N9 to five that's right they might make an album for one month a year

00:19:40 and the rest of the year they just sit at home yeah well you know you're in the studio you're drinking yeah you you're on the road you're drinking it's just all part of because it's all party way when you have a when you have a like your own businesses companies where you got to get up and you got to make sure you're watching over other people and you got to make sure they they doing anything it's like you're not going to be drinking and doing that no yeah not at all so but if you just fussing at a

00:20:05 studio engineer you can drink and do that right right right more base [ __ ] yeah exactly yeah over Co man I was I was uh starting to like I'll generally drink wine you know 7 8:00 couple glasses you know before bed I love really good wine you know have a collection stuff and over Co it a little earlier and I had to catch myself I'm like okay I can't I can't be drinking at 4: yeah you know can't be doing this a little early so um but you know yeah the wine is I love it man I love wine I went to um uh wine uh the wine Capital uh

00:20:44 what's the name NAPA NAPA youve been now she I actually have not been to Napa I know man man you got to go to Napa it's so fun yeah you just you just go to all these different big mansions up in the mountains and Y you sit there and you eat like cheese and snacks and salamis and they just let you taste all of the wines and you you go you do like man one day I did probably like five or six different mansions in one day and Sh a lot of wine yeah that's a lot yeah I've been down to the the Viet Guadalupe in

00:21:16 Mexico it's it's about an hour and a half south of Tijana and so but yeah I probably started drinking wine like six or seven years ago and you know I just grind with work so um you know haven't really had a a week to take to go to Napa but it is actually a dream I I me I collect wine and I I know a lot about them but yeah I haven't taken the time to actually do a proper vacation what I did was when I went to uh Napa um I found a on I like and I started getting them to ship it to me in California that's awesome yeah you

00:21:49 probably do the same thing too yeah I need I I I need to do the the wine tour though you know in Napa for sure it's like a it is a dream yeah but it's so so amazing you know so uh okay 2000 to 2001 The Crew kind of got uh got smaller and you started doing one album a year so what was uh no it was like more than it was more what far as 36 month it was like one album every three years one okay every three years yeah like three years three yeah three years two to three years but we would do other stuff

00:22:24 in between there like we still do project pad albums that was about it yeah so when the song Stay Fly came out what what around what year was that 2005 2005 yeah I remember I had bought a Range Rover it's my first really nice car yeah and it was when that song would had just come out and I would drive my Range Rover listen to that song over and over and over man me too I've had every Range Rover I love Range Rovers I was the same time you was riding in a Range Rover listening that I was doing you remember when the new the the new

00:23:00 body style of the Range Rover came out around that time like man I thought that was the best freaking vehicle it was on the planet I think it was like six or something when it came around the funny part about range Dr is they used to be really terrible MH and they got better when Ford bought them yep which I didn't understand that cuz you know we always crack jok like found on the road dead talking about Ford but then they get behind range row and they make it nice yeah no they that's good though I mean

00:23:28 yeah cuz that that is the mo for Range Rovers they're always going to break down you know I I sold mine when it had about 50,000 miles just to you know to be safe yeah yeah that's a good that's a good time what uh have you seen the uh new Cyber trucks or driven a new Cyber truck yeah I saw I saw the one you got outside and I saw yellow I thought about getting one of those but I I changed my mind but I did think about it I did think about it for one I don't buy cars okay now I did buy my Rolls-Royce I

00:23:56 bought my Rolls-Royce because I just want to retire with a Rolls-Royce sure yeah like when it's all over I bought that I've had I've had eight rolls-royces but the last one I bought it and I was like you know this will be the car that'll sit in uh in my driveway when I'm dead and gone cuz like in Memphis there's a famous uh uh famous producer named Willie Mitchell okay he produced Al Green okay nice and I used to always r p his house he had a big nice house in memph White House with a old school White Rolls-Royce in the

00:24:29 front I'm talking about old school like the one on Scarface when he got killed at the end and he's he's dead and gone that Rolls-Royce still sits in that driveway really you can ride by that house and see that that Rose was in that driveway I I know his family really good and I be like man that's how I want to die nice house with a Rolls-Royce parked in front of it and they keep it after I'm dead yeah no my kid my son have been unmade my son keep it but he Mak it into like a spaceship or something oh nice he

00:24:55 into [ __ ] like that but yeah whatever he want to do with it yeah it'll be their phone but other than that I all the rest of my cars I lease them okay and you know lease them through the company write it off yeah you know so when they didn't let me lease the Cyber truck I gave up on that I was like no I'm not going to buy this hell no like you buy Ferraris certain Porsches Lamborghinis you know you know really I mean you could buy a cyber truck but it's just not for me yeah I you know I'm always looking for tax breaks so if it's

00:25:28 over ,000 lb I can write the whole thing off so basically I think like 130,000 and uh I'm saving 39 and a half% on 130,000 on my taxes yeah so I'm like okay yeah yeah I always look for tax breaks uh I look for that too and um and but but the most important thing to me in life period is resale I think about before I buy anything I think about can I resell it if [ __ ] was to hit the fan yeah absolutely always I don't give a [ __ ] if it's a par underwear I think of can I resell these Polo boxes if times get

00:26:09 really hard yep like probably can they keep the elastic pretty good and you know I always I think about everything you know so and I thought about it with the Cyber truck I was like man could I sell us like maybe maybe not yeah that I don't know it might just drop this already dropped they talked about it last week had it made a huge drop yeah but it's a cool truck it's cool it's fast man yeah it's fast all the test was fast yeah they are this was 0 to 60 in 2.6 seconds and it's got 845 horsepower it's like

00:26:42 I've never driv anything like like it yeah it's nice man have you have you driven uh had other Teslas I had the U the the sedan M when it first came out in 2012 yeah think a badic yeah man I loved it you can plug it up and come out outside and it's updated itself yep all so cool [ __ ] I love Teslas man people can talk all the [ __ ] they want about Tesla oh man I love them this is the first one I've had and I mean I was keeping it open mind but it's the best car I've ever D I have it like three

00:27:13 weeks I'm like I've driven nothing like this cyber truck like the turning radius if I go if you let's say you're turning left the front tires of course go left well the back tires will turn right so the new Hummer do that too y I heard that yeah I love that yeah I wouldn't mind having it a cyber truck if if if if if they was to ever lease them or if I caught one no I wouldn't buy one I'm I'm lying if they would ever start leasing them I probably would get one yeah man yeah maybe they uh it's wild man I mean

00:27:40 the whole electric vehicle thing I I like gas too I got that CLS 63 out there and that's got about 600 horsepower you know super fast um and there's something about the gas that you know I just you know you just like yeah it just it feels good yeah it does feel good what I don't like about gas cars is stopping at gas station that's right man I hate gas station I do too I hate gas station but if you think about a charging station you'll love a gas station right yeah that's true the charging station is like

00:28:08 40 minutes well I would never have this to drive long distances I got that charging little charging thing outside yeah if you if you're in a house and you're not going to be cuz like when I had my Tesla I was going back and forth from my house in Vegas to my house in La so it's like a little area behind an Applebees that's halfway in Baker or what whatever that little town is start with a bee I think it's Baker you park behind an Apple Bee so me I would I like to when I would go back and forth Vegas

00:28:36 to LA I would drive like 3:00 4 in the morning when there's nobody else out so you know you behind an Applebees in a small town of maybe 5,000 people Y in a brand new Tesla for 45 minutes with just you and two puppies in a Glock you're like what's it make you be like damn I wish I had a gas station right now man exactly exactly and anybody live in LA know what gas station and what charging station I'm talking about yeah man it's uh it's interesting man the the the long distances doesn't work for it I mean who

00:29:07 wants to sit for 40 minutes but um you know like I said for the city but yeah for City and if you if you got a house or a charging station at your apartment and you can charge and get out and run run your errands go to the office Studio what it's the best thing in the world yeah ain't never got to go to the gas station no it is man it is and um it's pretty cheap too I mean obviously you're saving all the money on gas but um so you were saying uh your first uh one of your first shows was at TSU back in the

00:29:36 day yeah yeah what's what's been like your relationship uh coming to Nashville man I love coming to Nashville I've been coming here since 94 95 and um I'm always here you know doing something for Young Buck or yellow wolf and you know we discovered jelly roll back in the day I haven't had a chance to do any music with him in since we discovered him in 2010 but we've toured together nice you know I'm saying um so I love coming to Nashville because it's like family here I actually got some blood family here a nephew oh nice um

00:30:10 so love coming here it's beautiful place I love the growth mhm you know I watch this place change you know coming here in 1994 95 looking at looking at stuff and then when I ride down the street now and I see these same areas that looks totally different it's a big modern house it's all black or all yellow all blue or something like man this place Chang change a lot and I saw a big change in 2020 yeah I saw some stuff change in 2020 cuz a lot of old bars and stuff closed down yeah yeah so there was a lot that

00:30:49 closed down I mean we were so this house for instance uh I got in 2012 and um well wanted a specific price for the house which was too much of the time and so I said well I tell you what I'll give you the price that you want if you give me the terms that I want I want a fiveyear lease option and with the option to purchase it for their price anytime over that five years so I could kind of see what the market was doing you 2008 [ __ ] hit the fan with the real estate market so I was still I'd lost a

00:31:19 lot from that I was still a little gun shy and um that's a good deal they let you do that oh yeah oh yeah so price or terms price or terms you want this crazy high price mhm give me my terms and we'll see MH and so the market did do good you know 2017 the it appreciated pass that so you know we purchased it but uh in the meantime we were working on the hospital we opened the hospital August 15th uh 2015 and so I didn't want to pay this rent at first and then mortgage afterwards uh while I'm in Mexico 99% of

00:31:54 the time so we got a a a zoning change to the city or a special exceptions to the city to do 120 events a year and so we did weddings and uh events uh you know at the property for for those years and then 2020 happened and you know covid and I had to give I mean it was a nightmare for the wedding industry because we had to give you know all these deposits back and so after that I was coming to Nashville a lot more I'm like screw it I'm not going to you know I didn't want to have a wedding at my

00:32:26 house when I'm here you know so it it did make sense but yeah Co basically shut down the business aspect of of what this was you know back in the day it changed a lot yeah Co changed the it changed the it changed the world obviously it did man what do you did it did uh it affect your touring yeah it affect everybody's touring but the thing about me is I wasn't touring a lot lot you know cuz 36 mafia well I take that back I take that back I take that back 36 mafia did our first 36 mafia broke up in around 2012

00:33:06 well it was 2012 we broke up we stopped working together and we got back together in 2019 September we did two concerts two soldout concerts 7 8,000 people actually the one in one of them was even bigger than that and it was in Atlanta I think it was 40,000 people the one in um outside of Memphis was 8,000 people and we did uh two concerts and then they was like oh [ __ ] the group is back you know we was getting more money than we've ever got for a concert you know and uh and then 2020 happened and all the

00:33:43 concerts that we had booked for 36 month then which wasn't a lot probably like five or six all those got pushed pushed back yeah so now you know we some of some of those I think we just starting to redo you know but um as far as a solo artist I wasn't touring a lot what I would do every year is uh a college tour so I was doing these colleges and um in 2020 I still did those M the college kids didn't care yep yeah I remember being in LEC Texas at Texas Tech in the heart of uh 2020 rapping on stage I had my friend shout

00:34:24 out to Henry Mass Memphis Tennessee I had them to make me seethrough mask oh nice it was a green see-through mask where you can see my grill and all that and uh I I was on stage rapping and I would jump down in the crowd and you I'm hanging with these kids and uh oh I rap with a mask on the whole time yeah that's that's wild man that's wild that they had everybody wearing masks we actually just going through something at the hospital got off a call today about it that are you know Co is is making a comeback right

00:34:54 now in America which whatever but I know people say now as we speak yeah and they uh so our doctors as of this morning are all wearing masks now with the patients I'm like man not again yeah not again yeah I I never sto I was actually wearing masks before Co oh really yeah I was wearing masks before Co you know because I just was never I never like the the smell of car exil and smoke and stuff like that even though I did smoke you know and that's one thing I said like that's one thing about smoking like

00:35:29 not not um uh the smell of marijuana smell of marijuana ain't bad but the smell of black and mou and cigarettes if you are not the person that's physically smoking that you are pissing off everybody around you it's only cool to the person that's doing it at that time yeah I you smoke black and Ms back in you know back in the days I loved them but man if you was to smoke fire one right now I'd run up out of the city yeah I [ __ ] hate the smell of it so I was always like that like uh cuz a long time ago like my dad had got sick from

00:36:03 smoking cigars he pulled through it but he had got uh sick from smoking cigars and it just kind of put a a thing in me being a child seeing him go through that so you I don't I don't really like it you think about growing up man smoking was everywhere you could smoke in restaurants you could smoke in a plane everywhere it was so normal everywhere I went to the uh to the that restaurant I think most of them probably out of business now it's a restaurant big restaurant uh called The Ivy you remember that restaurant is it in LA

00:36:32 yeah it's in La New York a lot of places yep they had this big $100 Lobster [ __ ] it's like a whole lobster they bring out on the table and um man I went to the ABY and New York once and the front side of it was a bar where you could smoke you couldn't smoke in the restaurant but the front part you could smoke and you know how New York City loved cigarettes back there and man this was before uh before um 9/11 and when 9/11 happened they uh I think after 9/11 was when they stopped the smoking in the in the in

00:37:08 there or some something happened I think it probably was 911 something happened and they cut out the smoking but I went in that restaurant before they cut out the smoking and I had to walk out it was crazy oh man man this whole bar was packed with dudes drinking and smoking cigarettes indoors yeah and then yellow wolf took me to a pool alley huh not pool hall Pool Hall bowling alley pool hall he took me to a pool pool hall somewhere over here somewhere actually I think it's right behind Eighth Avenue

00:37:42 yep he took me to a pool hall one night man they was in there smoking I left straight out yeah man I like dude I can't do this this is crazy yeah it's wild I think that we just live like that for so long you know both my parents smoked so you know growing up in the house you know they they smoked a lot I I didn't think anything of it I just thought it was thought it was normal but now I can't stand the smell you know your clothes smell like it everything smells like it and like you said weed ain't bad but like especially cigarettes

00:38:10 for me it just I hate it smells I I hate it when if I walk outside and somebody standing outside at the mall or restaurant or whatever smoking cigarettes I just walk around I'm like you know do your thing but I'm going go around this way cuz I just don't like the smell of it yeah times have changed for the better on that that end that's for sure um share some challenges and breakthroughs you experienced uh when you started 36 mafia man uh be honest we didn't really have no challenges you know it was

00:38:46 unbelievably so smooth because uh we we we did so good with the mixtapes that when the albums came out we're talking about I was doing maybe two mixtapes a year yeah maybe more when you think about it from from 200 11 to no I'm sorry from 1991 to 1994 I got from uh 1990 from 1990 to '94 I brought out 16 mixtapes so I was dropping them like hot cakes and that's there was a ton of promotion especially cuz the age I was in uh I'm selling them I'm at school selling these mixtapes to kids in 11 and 12th grade M it was a perfect timing y

00:39:37 cuz they graduated and they that's how we ended up at TSU they graduated and they went to these colleges oh yeah and TS used being so close to Memphis it was full of Memphis people yep and they went to these colleges and they was like man you are not going to believe these dudes music Y and they would let people hear it somebody from Denver Colorado would be like what is that Y and they I always get stories I always still today I hear stories about man I never forget my roommate stole your CD when when I was

00:40:06 in college stole your cassette tap man I was so mad they would stealing from him and take him to other cities and it just built and it just built so kind went viral yeah it went it went viral yeah exactly yeah that's why yeah before such D yep internet or whatever so the the the reach was out there so once we brought out out first album that one I told you we put the $4,500 behind Mystic Styles it hit bill booy with no promotion really it number 98 out of 100 but still it still was good you know we

00:40:40 hit billboard and I was like what and then 96 we brought out our second album and it debuted Bill boy at number 40 you know the only promotion we was doing was just going down to freaknick and uh passing out uh free CDs and and uh gluing posters staple gun and posters on the walls and that was about it we Wen on the radio or nothing man we was on the radio in Memphis but that was about it and and it was just building organically on its own so yeah we never had issues from day one we sold our first album went gold in six months wow

00:41:18 yeah I still got the uh the billboard framed on my wall where it says 36 mafia go first album goes gold in six months I got that billboard on the wall at home man what's what's that like like you're just like holy [ __ ] this is happening like we're BL could believe it I I couldn't believe it I just went I went by the Dodge Viper there you go in a Suburban I couldn't believe it man I was like holy [ __ ] it was amazing that's awesome man that is awesome so um talk about some of the artists you've worked

00:41:52 with over the years you know you worked with a lot of artists and had good collaborations Drake JayZ oh man glorilla key Glock ludicrous anybody you can name ASA Ferg ASAP Rocky any anybody you can name I've work with him at some point what's what's what's that like like Ci B everybody like H having uh you know a lot of these people that um I mean you're obviously on that level you think about somebody that like you know Drake or th those type of people you know what is it like collabor at that level you know it's

00:42:29 like two professional fighters fighting at that level it's there's a feeling to that I I kind of experienced that yeah in music is it like this is cool and it it has a a good energy you know what I'm saying yeah yeah it is like you know it's amazing when you when you get a chance because you don't always get a chance to work with big artists there's some big artists out there that I maybe it's one or two that I haven't had a chance to work with yet I would have to think but I basically been with

00:42:58 everybody you know Kendrick Lamar you know some them the two biggest you know Drake Jay-Z Kendrick Lamar those those all the you know three biggest you know it's other ones out there so I've worked with all the biggest ones but to answer your question it feels different when you working with somebody big big versus somebody that's big but not super super big it feels good either way you know not taking nothing from artist that's not super super big that feels great as well because it probably feel better

00:43:30 because you getting a chance to help them get to the level of a big big artist but what I'm getting at is getting that call feels different y feel it could be an artist that that don't have a following at all and it'll feel good getting in the studio with them and I appreciate those calls I love helping people out and I love building artists um you know that W that won't help I love building artists that won't help but when you get a call from like a a drake JayZ or you know something like that a Kendrick whatever you you it

00:44:06 feels different because it it puts you in a a position where you feel small a little bit but big small interesting you know so when I when I say that I mean like like you know you you it makes you feel like like like damn this dude could get anybody in the world to produce him yeah but you know he called me to do it absolutely you know like so it it it it makes you feel like like you know you under them because obviously they sell more records than you you big equally I'm equally I'm equally big in some forms you know on

00:44:45 some levels but then for the most part I'm not I'm not a drake I will probably never be a drake you know I don't want to be but but uh but working with somebody like him and getting that call which I was actually in Nashville getting when I got that call and I was over my brother's Field's house and I couldn't believe it I was like What He it was actually a DM and I was like this Drake and I was like holy [ __ ] and uh and at that point this was 2018 at that point the group had been broke up you know since 2012 and I

00:45:22 wasn't really doing nothing I had bought a house in Vegas just bought another house in LA and I was just more focus on my real estate buying a lot of properties and just producing yellow I was actually out here producing some stuff for yellow wolf when that happened that's why I was in Nashville so uh outside of uh yellow wolf I wasn't really I didn't really care about music that much I was still doing you know album here and there mixtape here and there for myself just for the fans just to keep them happy and let them know I'm

00:45:53 still alive but I didn't really care and it's like when I got that call from Drake it it was like a resurge or something and then my career never went back down after that it's like once I once I did that for him everybody started calling and then it was like it just it re it re uh it re it rebuilt me back up bigger than than ever yeah I mean uh it might be weird hearing this but like you you're like a legend like to me you are it's like legendary [ __ ] um and and you know I like to look at things in like a creative way in a

00:46:31 way that like I think I see Drake respect but what you've done is different because you have won an Academy Award yeah you did win three Grammys and that's a creative four Grammys three this in 2020 and that's so creatively that's like it doesn't knock what anybody else is doing but those are like accomplishments that it's like 1% of the music business yeah it's just the the best of the best and you came from Tennessee you know uh and you've been grinding for 35 years I mean it's Legendary Legendary [ __ ] so when I hear

00:47:05 you working with Drake I'm like yeah I get why of course they would want to work with you well yeah everybody outside of me get it yeah everybody like all the fans like oh yeah they they totally get it like me I didn't get it I get it yeah and me I didn't get it because like I said at that point I wasn't I wasn't really doing nothing yeah you know I was I wasn't doing nothing I was just chilling I was doing music don't me wrong but I wasn't I wasn't doing music for like I said outside of for myself my nephews C the 6

00:47:35 and uh and yellow wolf that was it yeah yeah other than that I was I was just like chilling I had money I was cooling I was buying properties and uh I was more kind of getting into that a lot you know I was starting to dible and Dabble with California real estate which is you know great M so on and uh and management for other artists helping other artists you know come up so uh yeah it was and when I got to call it was like you know I always knew he was a fan of our because his dad's from Tennessee from Memphis so

00:48:13 Drake been a fan a 36 mafia fan I've met him I had met him before that you know I met him when he was young young you know I got pictures of us together you know he just he was a young young dude and but you know we never we never work together but here and there it would be like little hints of of me in his projects like like for instance um he in one of his like his second album before one of his songs came on he play he played my voice talking in an interview oh wow yeah and it was just me talking

00:48:47 at the beginning of it then the song came on and I was like oh I'm like that's pretty cool hint yeah hint and then it was like another album like a little hint there and then the next Avenue I was in there that's awesome what was it uh did you fly out to where was he at for that I don't know where he was at I was I was in Nashville I just text him that I text him to beat it was a it was a beat that I was going to use for myself that uh me and my artist a guy I was managing I guy a manager named

00:49:18 T we made and I was going to rap over to beat myself and then Drake was like he needed a uh he needed a beat he needed f ass like he was turning his album in two weeks and uh um and I um I text him that beat like 3: in the morning and he text me right back in 5 minutes he said I'm using it I was like what that's awesome I couldn't even sleep no more that night yeah yeah uh and so I uh after two weeks came I didn't hear from him and I was like let me let me text him again I text him back I was uh still in Nashville and

00:49:57 and um he said uh yeah I'm using it and uh I put uh Jay-Z on it I like what nice and I was like oh [ __ ] you know he sent it to Jay-Z Jay-Z had just did a concert M you and Jay-Z told his uh DJ Guru to set up a studio in the concert venue like backstage or something and he's like what how am I going to do that he's like look I don't care how you going to do get it done and uh J uh Jay-Z did a two-hour concert got off stage recorded that verse sent it to Drake at like 6:00 in the morning and uh his DJ Guru went

00:50:41 uh did a Afterparty and Drake Drake didn't get no sleep he set up and he waited for Jay-Z to send the verse nice or I think he took a nap or something and like five six in the morning they got the verse from Jay-Z and they didn't even have time to mix it they put the beat out with with our name tag all the way through the song straight from the MP3 text message that's awesome yeah now which was great for me because you hear my name you hear our name both our names you hear our name through the whole song

00:51:12 yep it was great it was just the the best marketing ever yeah it's a really good marketing you know free marketing yeah free marketing that's awesome paid marketing because I got paid for paid marketing um that's cool that it worked out that way uh what what year was that 2018 2018 okay that wasn't that long ago yeah um what was it like 2006 winning Academy Award yeah man it was great I was um I was living in U Memphis I just built a house and uh you know we we we was we was uh coming off the not coming off we

00:51:50 was living the success of um of our album the most known unknowns and uh we was uh you know touring and doing shows and all that and started bringing out singles after the singles out that album that was excuse me that was blowing up stay fly popping my collar side to side we had a ton of them and then next thing you know that happened right in the middle of our biggest album you know so man it was it was uh it was a great time you so you didn't even know what Academy Award was at the time yeah I didn't know

00:52:26 what it was I know what it looked like but I didn't know what it was I just I would you know just changing the channels and I would see the gold man and you know i' be like you know what is this funny part about it is when we uh when we was nominated for the uh Academy Award we was nominated against uh another Tennessee Legend um uh Dolly Parton okay that's cool yeah and when we won Dolly Parton sent us um a letter to our studio I was like how did Dolly Parton find where we was at I like it's part she can find anybody right security

00:52:59 probably Secret Service so uh she sent the letter to our studio and she said congratulations guys at least it came back to Tennessee that's awesome that was all she said that's cool that's cool that's really cool um what do you think your the the greatest accomplishment that you've given uh to music is changing the sound of music cuz now everything in music sound even country music sound like 36 mafia now h you know so uh how so well you know the the slow midtempo Beast with the steady high hats

00:53:40 and the drum rolls and the energy behind it the 808s and you know all of that that was like something that that that's a sound that we known for so now you know I hang out with Hardy a lot Hardy got Hardy walk out on stage to a beat like that nice he be on stage dancing like us but he a fan of mine you know he's he's he's my homie homie now but when I first met him he told me how he grew up listening to 36 mafia in Mississippi you know we became friends you now we hang out but uh I I ran Morgan wallan Morgan wallan was actually

00:54:15 listening to 36 mafia when I walked up on him nice in California so you know a lot of a lot of music now is influenced by 36 mafia EDM you know a lot of EDM influence and 36 ma a lot of 36 mafia influence and remakes in EDM remakes in uh re tone remakes in everything yeah I say that where where did that the idea from that sound kind of come from just kind of playing in the studio how'd that work no I didn't I didn't I didn't I didn't make it up I just took it and added the the energy to it but that came from the Memphis DJs in

00:54:58 Memphis you know they was they would they would they kind of selected those tempos and and and found songs that kind of was in those kind of tempo ranges that they could play in Memphis you know like a like two short or or somebody like that and um two Live Crew or whatever and then I just took it cuz I grew up on rock music and I just took it and turned put the energy in it and created what uh what we call crunk fight crunk fight music you know what I'm saying so like crunk crunk music and Rowdy horrorcore you know [ __ ] like that

00:55:38 so that's that's how it all came about yeah that's that's really cool um you know when when you first cuz I remember your songs coming on the club like back when I was gosh actually even in the clubs I'm like 15 or 16 years old um what was that like when you know you're hearing just people go crazy to your songs I mean it had you had to reach a point there was like a first time and then it was just a a thing what what what was that feeling like man it felt good man you know having uh seeing seeing uh it all go

00:56:13 down but I had been seeing there for a while yeah from when I was a DJ yeah cuz when I was a DJ I was playing a lot of my own music you know so uh testing it out and okay all that so I have been seeing that for oh wow interesting yeah that's I always wonder what people like go through when they're hitting success because you know we have these emotions we don't even really think about them much but um it's really it's really interesting to me because what you're experiencing most people have never

00:56:45 experienced before the level of success Grammys Academy Award Great accomplishments and you're very level-headed you know it's like uh it's it's it's impressive man yeah it's really impressive yeah thank you yeah the uh you're also an an entrepreneur yeah so talk talk about like what you're doing with real estate other business ventures yes so I have a uh I'm a part owner in a a restaurant in B Hills the basically the only restaurant and you got a Gucci it's kind of a restaurant it's kind of not um but basically the only

00:57:25 restaurant on Rodeo Drive in Beverly Hills it's called the Hideway we opened there like a couple of years ago and um I own a lot of real estate homes you know I buy a lot of homes and I fix them up and I rent them out cash flow cash I buy them cash and then I just clean them up and and rent them yeah what what uh did your family do some my daddy did that I see yeah my daddy did that how long you been doing that for before since 2012 okay 2012 2011 yeah 2012 early 2012 when I first moved to Vegas yeah my dad did similar

00:58:09 things like he had an accident when I was four so he kind of lost everything lost the house it took him about 10 years to build it back up but then he started you know bought one house cash flow you know bought other house as cash flow and are you doing the U cost segregation for the taxes you know what is that maybe maybe my business managers do that what is that so I this is one of the strategy I have to you know lower the tax bill but you know you can depreciate a large amount in a short period of time I think like over five

00:58:39 years so normally it's 27 years and uh let's say uh you buy a house and then you know the full value of the house you can depreciate over you know whatever the full value is divided by 27 that's how much you can take off your taxes every year you do a cost segregation um you can speed that up into five years so like I'll give you an example building across street we bought for like 4.3 million uh did a cost segregation we're able to write off like 800,000 a year for five years and it's a big Advantage uh super

00:59:14 yeah and so I'm happy to share with you my my guys and stuff but uh if you're not doing it man you'll save I mean yeah I need yeah I need to find out about that I need to ask my business managers I'm going to ask them soon as I leave here cost segregation yeah it's I didn't really know about it until about 3 years ago and I'm like d I've been doing real estate all this time and not taking advantage of this I mean I would have done this to my house too CU I I've been doing it like over 20 I think it's 27

00:59:39 years and so it's like you know it's like $68,000 year depreciation or I could have gotten you know you can do it with a house your your the house you live in you have to have a business like it has to be a rental uh but we were doing this as a a a wedding venue rental so it would have worked but um yeah so if I buy so if cuz a lot of a lot of my bigger homes that I rent I once lived in them MH that's fine like for instance the Vegas house and whatnot so if I move out of the house and I'll start renting

01:00:13 it out I can do it with that I believe so uh there what do the houses pay for cash how do that work I still do so are you still do it yeah because the the depreciation the way the um the way the government looks at it it's money that you got to put back into your house to keep it up to standard yeah so um basically what this is doing is accelerating that depreciation that would take 27 years into a shorter amount of time and um it's uh we did it with the uh we bought an apartment complex last year too same thing I think

01:00:45 we're getting like we paid a million for eight unit uh we're basically getting 200,000 a year I believe it is for five years depreciation where it would have been like you know 30,000 for 27 what would would did you bet us uh last uh March you got eight units for a million dollars not Nashville but in Texas yeah oh I going said man I need to do oh man yeah no I wish but uh [ __ ] no that's actually St so we we try to buy I try to buy two properties a year for the the cost segregation thing now just to lower

01:01:16 my overall you know tax burden you know something else talk to your business manager about this but research and development credits I've always wondered if you you I know actually know you could there's a way to get those for music which is probably another I'm not sure what they are this year but they're a half million dollars a year so that you could do in the past and you can go back five years so there might be a$2 and a half million dollar write-off out there for you I'm not an accountant so

01:01:43 I'm just throwing this as a as a friend just telling you about and this will be called a what uh research and development credit R&D credits oh you're doing research and development all the time with your music when you think of R&D you think science which I'm in but it it applies to almost every uh business wow and so for music if a musician isn't taking R&D credits like the accountants aren't you know probably don't know about it but it can absolutely be applied if you if you figure out do man I need to look into

01:02:14 that yeah I'm going to give you a to-do list while oh you got you buddy you think give you a to-do list to give me there we go yeah you think about this though we've like our biggest expense is taxes no doubt about it like you know if you don't pay you're going to get in trouble so now like my concept is pay as little uh as little as I I have to but you know not do anything illegal so it's like you know we got a team of accountants that work on this and family office all them taking care of it but

01:02:44 like you know I don't want to break any laws I want to stick stick within what's legal but I also don't want to pay anything more than I I should yeah and um yeah taxes do so man it's the crazy part about taxes is it's is i' I've seen this so much in you know in in my life with other people is um when you learn the ins and outs about it it's too late that's right yeah for a lot of people it's too late like there's a lot of stuff I learned like thank God I'm still I'm still afloat but there's a lot of stuff I learned like uh that um I

01:03:22 wish I would have knew knew a lot earlier you know like like for instance the the amount that they give you to put away for retirement every year you know like I didn't know about that and even when I found out about that and I switched accountants they wasn't doing it yeah and I'm like why y'all didn't volunteer to tell me about this or why you didn't see that my last accounts was doing this and four years went by where I didn't make my contributions yep that's a lot of money I miss right there sure is yeah

01:03:53 accountant my my experience of them we think of as there to help us save money on taxes like for me CPA oh you're filing my taxes and you're going to know all the write-offs that's not what they do no it took a long time to take took me 20 years to figure that out man now I realize I got to find Specialists that really really do this and you know what I pay in the specialist saves a lot more than uh what I pay in taxes yeah see that's what I need a specialist cuz like your business managers they going to do

01:04:22 the basics they going to be like okay this how much you made this how much you spend just how much you owe mhm I'm like no it got to be more to it than that yeah cuz like this looks like a ridiculous amount of money I'm paning writing right now you know but my manager always say get your accountant that's willing to go to jail for you I don't know about that that's craziness it is that's craziness no I mean my thing is you gota I want them to do everything by the book but not definitely about book but like you know

01:04:54 don't get cuz I was told by a friend that was a CPA their job is to file our taxes and have it so perfect that uh the the defending the audit would be easy and so they're not they're not pushing anything they're not adding anything because the more you add the May more you might get scrutinized I'm like well look if I'm not breaking any laws I'm not worry about an audit like you know maybe something will come up that oh this is offer maybe they owe me money I don't know but like I'm not worried

01:05:25 about unless I'm doing something illegal so um you know I had to have a good talk with the the new CPAs and say look I you know don't play it completely safe to the extent that you know you're not taking write-offs that I should absolutely take you know we have a strategy laid out here stick to the strategy because if not I mean you know like an airplane people don't realize the airplane under Trump uh the first four years if you bought a plane put 20% down a $5 million plane you got 100% right off that first year yeah I heard

01:05:58 about that man so you you know let's say 20% down be a million dollar down you would pay 2.3 million taxes on a $5 million income and then you pay zero yeah and so we just bought one and uh now it's 60% but it's still a nice basically the down payment is is uh what we pay in taxes yeah and so um but yeah everything we do right now is like based on you know we got to have a tax strategy behind it because man they take so much money yeah man you lose you lose so much like like I said I lost you know

01:06:33 Millions over the years with not just not not knowing yeah you know a lot like U one of the one of the things that that that really used to disturb me the most about when you pay your taxes is um paying um paying the estimated taxes yes yep you know so now if you work a regular job mhm which I never had a regular job so I don't really know how that works I know some regular jobs pay your taxes for you I don't know how the rest don't work or whatever but when you are when you work for yourself and you

01:07:08 own a business or whatever and you pay an estimated taxes on last year which could have been a better year than the this year but you still paying the estimated taxes on last year to wait and see how this year going to go and if they going to send you a check yeah exactly yeah so like what if this year don't go as good and you sitting up here still paying on the estimated taxes of last year's Good Year and you like what it's just craziness yeah it's so much and then if you don't uh file in time

01:07:40 you get a 25% penalty yeah and that's a and if you're off if you're off and you pay less like they got penalties for that you know you got to have a strategy every year a strategy that's I spend I spend a lot of time on it because it's my biggest bill yeah you know I got got if you got millions of dollars paying taxes or you could pay you know nothing maybe or you could pay half a million off of what you'd pay five million on you you want to have that that savings yeah and think about like my situation before you know

01:08:13 we moved here the reason why we moved here you know we still go back and forth to LA but the reason why we did because you know tax is 14% yeah State yeah man outside of the government 14% State High We robbery yeah so I'm paying both of those so it's no no telling how much you're probably paying close to 50% if you look at I'm pay over 50% you're paying yeah yeah so I mean with the with the real estate that you buy and the right strategy I'd be surprised if you pay over 20% if you do it right like

01:08:44 really man you should not have to pay that much I mean these tax loopholes and breaks are meant for the rich that's you know that's they're they're not meant for the average person um which is why you know growing up we don't know about these things nobody teach it's even hard to find once you're looking for it you know people that will actually sit down and say okay well here's the cost segregation strategy I'd be interested to see if you go back and start a new depreciation schedule for for all your

01:09:11 real estate because you know like if you got a lot of properties man like the real estate is a tax strategy you know you never and the thing about real estate is you know I shouldn't say you never should sell but if you don't have if you got a cash flowing property you should always refy because when you refy you don't pay taxes on that refy so you refy take the money out and not pay taxes and you know if you refi make sure that that refi amount your mortgage is still getting paid covered by the uh renter but if you

01:09:48 can do that man refi you get refi up to 80% take the money out and use that to reinvest well that's what I want to do how you know how I know obviously you've seen how they say supposedly the rates going to go down maybe three or four times you know coming up and I am going to do a cuz it is one property that I did do a mortgage on all the rest of them cash but is the latest one that we got I did do a mortgage on it and I want to do a refy cuz I got it when it was 6% six and a quarter high high yep so I

01:10:18 want to do a refy on that and then I want I want to figure out what I want to do if I want to keep it or sell it or rent it out yeah it'll be interesting on the refi if you could somehow start uh a new depreciation schedule I'm not sure if you can but I mean once you once you figure this out you're goingon be like holy [ __ ] I mean you're going to be saving you know you if you buy two properties a year pick the amount I mean you might get an extra uh right off on a half million dollars to $750,000 a year now for the

01:10:49 next five years you do that five years in a row five time five you're getting $2 and5 million right off every year for those next five I mean it's it's a strategy man I I never knew that you know that the the tax advantages of Vine there's a lot man that's what Donald Trump does that's his whole thing when people like oh he didn't make any money well yeah he depreciated everything yeah he knows the depreciation game yeah they was talking about yeah he he screwed this and that I'm like well he didn't go

01:11:15 to jail for the tax situation so obviously something he did was legit yeah no it's legit like imagine this he buys a100 million building he does a 5year depreciation schedule I I don't remember it might be five might be six but so he's getting 20 m a $20 million write off a year off of a $100 million building so he can net up to $20 million and pay zero taxes on that 20 million oh so I mean you do that a few times and you're not paying taxes because you have these giant properties that you're depreciating that you don't have to you

01:11:52 know then you can refy it and instead of selling it then' have to pay all that depre app ation savings back you refy it take the money out taxfree now you can buy more property yeah so yeah that's it's a good strategy um I I recently saw a thing telling about uh studying uh tax accounting MH not to become an accountant but just if you know it yourself personally man that's a that's a that's a powerful thing it's good specialized knowledge to have that's for sure yeah I need to see that course too cuz I got a great team and we

01:12:34 talk about it a lot but I'd love to have like a a course where I exactly know what I'm talking about yeah I think I'm going start doing a little maybe like a little small YouTube study or something YouTube University start there yeah I'll connect you my my family office cuz we have like a it's a uh fractional family office to where it's ay that does the services so they handle all all my stuff and I pay like I think I pay like 9,000 a month but what I get out of it the tax savings alone yeah is way more than that

01:13:08 yeah cuz that's they L than 100,000 a year and you're going to pay way more than than in taxes yeah they already I mean yeah I the first year like 5x you know that's uh was what I would pay last year 5x to the tax bill just by hiring them yeah so yeah I'll connect you Israel is he's he's a really great guy so he actually took over his CFO of my company while he's the one who found that she was stealing he brought him on and he local uh he's in uh Dallas or no uh Austin but he comes here pretty much

01:13:39 every month he's got another client in Franklin and you know he he actually just left today and so we spend older guy yeah he's proba he's probably 40 45 really good like super Christian dude you know like very very straight lace but how long you been with him since February yeah yeah yeah check to hook me up with him yeah absolutely um let's see what else we got here yeah so throughout your career how have you maintain your like your motivation and and drive man that's easy because I always tell everybody I'm my biggest fan nice

01:14:21 yeah like I'm my biggest fan like I got you know I just actually set up cuz I knew I was going to come out here you know and be doing some production uh for Young Bucks new album and we just brought out yellow wolf just brought out an album I got a couple of tracks on there and um and my own I just finished an album with a guy named Cordell and I'm working on another album on my with a godam Crazy Bone and my solo album so anyway long story short um I set up and it took probably a couple of days and I went

01:15:02 through music that I made unreleased tracks songs hooks whatever actually I haven't even got to the hooks yet just the beats from 2008 all the way up to now and put it all in one folder on my uh hard drive I think I called it like the goat of go-tos or something like that and man it is hundreds and hundreds of beats in there you know and I was just saying to myself I was like man at some point I got to share this [ __ ] but it can't just be for Paul to listen to like I need the you know what I'm saying so the

01:15:44 motivation is me being my biggest fan and um and just always just knowing how much better I am than a lot of other people yeah that's good like I just hear like some some older some older people in any genre kind of lose focus and they be like oh man I'm better than that person I can do it they like come on man this kid is younger than you he can play basketball better than you don't try that but but in some in some uh professions you actually can yep and in this one I still been kicking ass you

01:16:19 know and uh and I I I like that so that's my my motivation you know just the love I have for it and uh just knowing that you know people still appreciate it yes so you're you're your biggest fan what would you say that your your mindset is like what what's what's what's your mindset going into you know dayto day of with music or just life yeah yeah both man [ __ ] basically uh trying to schedule out everything and get it done and look forward to um finally taking some vacations cuz for years I didn't take vacations I would

01:17:07 take I would take one here one there and then my lawyer told me one day he was like he's like like Paul like you go by these cars and you know and all this stuff and that's cool whatever he said but you don't really you don't really uh realize the the the the power of a vacation mhm you know like I see some people I heard somebody said the other day one of my best friends he going to see this interview going to get pissed one of my best friends um talked about uh some a new car some he had just

01:17:37 bought and he was like hey was better than spend this money on a vacation or something I was like I don't know you I said I said like my life said I was like never underestimate the power of a vacation y you know because for me when I go on a vacation I'm uh I'm still working as a musician M I'm listening to The Sounds that's going around and what kind of Music These this city loves and what kind of uh instruments that they like you know is a Congo whatever the case it may be you know and I figure out a way

01:18:11 to kind of bring that into into my music you know or just uh just like like uh I I I learned that you can find out a lot about people and what they like by simply learning where they from so when I meet every like I when I met you everybody I meet the first thing I ask was where you from yeah if you tell me where you from I can tell you a lot about you yeah that's just the kind of person I am so it's going to always be the first I'm going ask you where you from before I even ask you what your name is cuz I'm not good with names I'm

01:18:43 going to forget your name but I'm going to remember where you from and then I'm going start telling you what you probably grew up listening to what you probably like what you probably and grew up eating yep you know what I'm saying what kind of dances you grew up doing you know so um that's the thing with me I just I wake up and I try to figure out how to uh dig inside myself and and uh uh and complete whatever it is in that point in my life I'm trying to complete compete I mean complete whether it's an an album

01:19:17 or just some back paperwork yeah or something so I would say I'm just trying to figure out an extra way to free my mind yeah nice uh what would you say you know for Grammys Academy Award what are your goals for the next 10 years like what would you like to see happen over the next 10 years man I want to finally um I want to finally settle down a little bit you know like um I move a lot you know I probably uh have moved every sometimes every two years sometime every year the the longest I've stayed

01:20:00 somewhere has been four four or five years that was here recently that was the longest I ever stayed anywhere in my whole life as a adult life so I kind of want to settle down on that and uh and still just focus on um on on music but but just I want to settle my life down a little more cuz I I I have a habit of putting too much on my plate M you know and uh I'm sure you probably do the same thing we all do it you know like so I want to figure out a way to how to still do everything I like to do but simplify it a little bit you

01:20:41 know still do real estate still do music maybe another restaurant you know but but not going through it the ways I've went through it where to the point where it almost ran me crazy mhm the restaurant didn't run me crazy the first one did this is my second restaurant first one did second one was easy where was the first one it was in la la to yeah what what kind of restaurant was it it was like upscale American food it was on Sunset Boulevard in LA which is like the most popular Street in La yeah nice

01:21:14 in West Hollywood that's awesome um anything else SP you uh want to bring up before we close this thing out man just uh I've been putting a lot of focus into my YouTube that's been fun you know so uh what's your YouTube channel um just uh at DJ Paul okay DJ Paul and uh been having a lot of fun doing my uh Belling that up doing uh live mixes and remixes and you know just different lifestyle stuff just did a three-day watermelon fast oh wow how was that it was cool nice it was cool what were you just

01:21:53 eating watermelon all day just watermelon and water yeah and uh that was cool just came off there like a day ago me and my girl did that it was cuz she actually went an additional day so um that was cool we going to start doing that uh three days a month you ever did a fast I have yeah what kind just what kind you do did like a water fast and uh what three days three days yeah just water yep no vitamins uh coffee coffee and water I had a little coffee too but no vitamins uh nope no minerals uh yeah we

01:22:28 had some uh gosh what was this been a few years what was a there was like a little uh like some packs we were put in the water packs yeah I knew it yeah that's why I was telling my girl I was like I was like when people say they doing just water they're not doing just water right you got to have something else with it yeah you got to have some type of electrolytes yeah so what we did was we bought whole baby uh baby coconuts mhm yeah drank the Coconuts coconuts cool and uh so yeah a lot of people I

01:23:00 know that did it they take like supplements or something I don't take supplements so yeah nothing at all no nothing nothing at all nothing I just try to find like natural we do a lot of fruits and vegetables M lot of fruits and vegetables so um every day fruits and vegetables so you know been trying to just be as healthy as as possible I was always into the healthy food since 2012 in the exercise but you know he recently got more into it you know so like what what was like the what was the reason just

01:23:36 like I want to get healthy or just want to stay just want to stay clean as possible MH you know so like I had never did a fast before in my life y you know so uh I was like man you know like I've you know I grew up in Memphis eating pork ribs and you know all that and I was like man I think uh at some point I need to try to like cleanse some of this [ __ ] you know like so give my body like a little break from it because you know we grew up being told it was three mes a day now I think that's too much I think two mes a day is

01:24:10 enough for me you know uh we stop eating after 8 and we don't eat again till noon y a little fast in there little fast right there so salad you know and um I'm going lighter on the meats now just like turkey M some steak taking a break from chicken taking a break from Pork yeah so I miss it yeah but are you feeling better I feel great yeah man it's awesome when you get like the right nutrition you know coming in you on a daily basis pressed juice I don't know if you're doing press juice but yeah we

01:24:48 got we got uh man we got our kitchen is full of anything you can name to make anything that's awesome we got the juices we got the um uh you know blenders we got everything man we make all kind of stuff yeah at our uh at our hospital we it's not like a regular hospital where they give you crap food we give all the patients uh fresh organic fruits and vegetables we have organic chicken salmon you know it's very very healthy our cancer patients they drink 13 fresh pressed juices a day we're trying to get

01:25:24 them a bunch of it's 15 to 20 pounds of RA organic pressed fruits and vegetables a day wow so um yeah I'm really really into that it's underestimated you know what we put into our bodies is it's very important and U yeah I mean you know growing up we would take care of our cars more than we took care of our body if the if the check in the check engine uh light came on you have a heart attack right you can't get the hot on fast enough like man look why is this on yeah but your body you're feeling like I had a homie

01:25:55 one day we was hanging out and he's like man my side be hurting me all the time Paul what you think that everybody know I'm in the healthy yeah healthy uh lifestyle so they be asking me I'll be like man I'm not a doctor but I tell you one thing I did have a situation where my side was hurting a little bit it maybe I like you just probably need to drink a little more water whatever the case is it was different thing it's different always something different you know I was like you know whatever but

01:26:20 you know they like a lot of a lot of homies they just let it just go go go it's too late well when I grew up man I mean my parents didn't know anything about nutrition so I'm like drinking Coke sweet tea you know I loved the real sweet tea not the artificial just like the pour the sugar in yeah that's that's how that's how they did in Memphis I thank God I never got into that but Kool-Aid I was P of sh Koolaid Koolaid yeah exactly same type of thing and you know we didn't know any better like that

01:26:51 was that's how yeah but now you you see these eating habits I think it's like 45% of Americans are obese it's wild man diabetes saw some say a comment the other day I couldn't even believe it and it was a grown person too they asked uh cuz I follow a lot of these Health pages and they asked the question they was like um is a sugar-free drink uh still bad and I was like what I was like yeah they just replace it with other [ __ ] that's that's sugar worse than sugar sugars just name something else so like

01:27:28 yes it's it's equally if not worse gives you more food cravings you know do you ever use Stevia no Stevia is good it's like a natural it's not not any of the synthetic crap yeah it's been my go-to for natural sugar but yeah they they always kind of be on the fence about that one yeah I I've read a lot I I feel pretty comfortable with it I mean it's you know stay away from the the sweet and Low's and the oh my God hell no Sweet and Low no yeah that's that's probably what put my mom in the graveyard man she's had that sweet and

01:28:04 low all over the [ __ ] place oh man yeah I mean there's a lot of stuff like that though and you have to wonder like they've done it for so long if you look at the health pyramid it's it's all off on what they tell you to eat it's not even healthy like and then when I see like the Secretary of Health for the United States you know being 250 300 pounds like this guy is supposed to be telling us how to be healthy you know but Common Sense tells us we need to eat a lot of fruits and uh vegetables you know have

01:28:32 pressed juices uh you know uh healthy proteins those type of things um and we'll be overall healthy but you know we've let Society just get really really big and if you say anything oh you're you're being mean to obese people I'm not trying to be mean to anybody I want people to be healthy I mean I I don't want people to suffer from diabetes or heart disease or any of these things that that that people suffer for um but uh yeah you got to think too how much now we're on our phones all the time you

01:29:04 know kids are in their house the childhood of obesity is going through the roof and um you know we don't do a good job I think as a society teaching people you know how to be healthy and um instead we're more afraid of offending them if we're like hey you know what you're a little overweight you might want to go to the gym yeah you know yeah it's just like I we I used to always sit well now not always obviously like you just said back in the day we didn't know no better but now I sit back and I think about you

01:29:34 know like our uncles or whoever Vis the barbecue and be like oh yeah boy I just ate 10 pieces of chicken I just ate this and I ate the cornbread I ate this and that they laugh and you know do a little shuing j a little dance and then next thing you know you be like man my uncle got that B man in the hospital right now we don't think he going to make it I be like damn like I wonder do he remember that laugh that day he did when he ate all that chicken like you got to think about all that like I was just had a barbecue man

01:30:11 and I was just like man there's a lot of [ __ ] here I wish I could eat but I'm not yeah I'm not you know like you just got to know like it hurts you know like I passed by when I go to the Guitar Center I pass by Crispy Cream Donuts and I'd be like man them [ __ ] Donuts that hot sign and but you just got to know like you can do it you might knock a couple of days of your life off but yeah you it's just not it's not good no I anything in moderation like I might have fast food once a year you know so I'll

01:30:46 go every now I mean like really I can't yeah we all cheat yeah I I got I got cheat days but I mean overall man you know we've got to really watch what we put into our our bodies I see it from my medical side of the time like just unhealthy people and you're like damn and a lot of them know it too you're like hey if you keep doing this you're going to to die yeah you know from this from the food you're oh man they laugh it all all right yeah serious we're telling you like you don't have circulation your feet right now there's

01:31:14 a reason for that yeah you at all but you know like you know it's at the end of the day we all do something that's going to that's going to going to cut us short you know like uh we all got our viic absolutely you know just like me and you we like wine like anybody out there watching where every camera said I'm drinking nonalcoholic wine just so you know uh but there's nothing wrong with wine or alcohol at all it's just I was just drinking too much of it so it wasn't good for me yeah you know I don't

01:31:44 have a job to wake up to in the morning I woke up to a glass of wine so uh I didn't have a 9 to5 I had a wine to wine all right so anyway uh is we all got our you know our viic so like you know like when I would go to a bottle of wine you somebody else probably go to a bucket of chicken or a cake mhm yeah you know and who's the say one is worse than the other one I mean that is true that is true if I had to take a guess I would think cake is worse than Wine but who knows yeah I guess it's all all depends on how much you're

01:32:15 doing right it's all in moderation everything moderation I mean I I've definitely I mean done my fair share of very unhealthy things so yeah me no one to judge by any means but it is one thing it's one thing about what we're talking about is really like just people being healthy overall you know it's like there is a uh we want people to be healthy yeah and you just got to have the cut off point like you know there's a lot of stuff that I did in my past that I wouldn't dare touch these days yeah you I know some people that

01:32:43 died recently from [ __ ] that we all used to do in our past so you know you just got to if you know something is bad you can't just laugh it off and then just when that day happened you know and you got in the hospital you just got to think about like like dude I don't know if I should cry for you right now or if I just just should be like [ __ ] you remember that laugh at the barbecue right yeah exactly I mean hey if you're going to live maybe that reminder will get them out of there you know remember that laugh at the

01:33:14 barbecue um well one more question what advice would you give the next generation of artists that are that are coming up man I would tell that's a easy one I would just say that 95% of it is uh business and 5% of it is Talent interesting yeah 95% is business so like doing good business well obviously that's that should be the the Common Sense part but just knowing knowing business and just you know cuz you're a loser lot you know like like you just a lose you're just a loser a lot you know not not knowing you know like it's still

01:33:59 you know it's still like it's in any business it's it's it's just you just got to be smart you know like your business you know his business guy over there behind the laptop you know just you got to know you know like um even if you're like a a person that you know that's like a trainer or something I know you say you used to train I train K mcau oh nice I don't teach people I just you know I'm a student but uh uh you just you got to know like the the the the parts in the book mhm you know the parts in the book

01:34:36 before you know the physical parts of anything you know like you just want to know that you just want to be smart like we were just sitting up talking about learning a little accounting on the side accounting on the side yep I'm like yeah maybe why you learning how to learn that drum machine maybe take an hour out to learn how to be smart with the money that you make out the drum machine man yeah man cuz you can make all the money like my dad told me this a long time ago he's like when I first started making

01:35:05 all the money in 95 I told you about when I went to go buy a house in like 96 I I I I've seen a issue where I had to pay a lot of money down paint down a lot of money down cuz I didn't have good credit mhm and my dad used to always tell me he used to be like look you can make all the money in the world you're making a lot of money that's cool but you can make all the money in the world if you don't have credit this [ __ ] don't mean [ __ ] y I mean nothing you know you got to do twice the work as a person

01:35:36 with less money but better credit you got to pay more than them your down payment is going to be more than them you going to have to do more paperwork they're going to give you more [ __ ] because you have an established trust you know credit is trust that's right that's all it is at the end of the day they should just call it trust yeah and then more people to take it serious yeah that's true like instead of saying like we're not going to give you this home loan because you got bad credit they

01:36:02 going to be like we going to give you this home long cuz [ __ ] we don't trust you we really don't trust you and if they start doing it like that yeah man and you got to go walk out to the car out to the bank and your girl sitting out there and you be like so what happened we get in the house and no they said they don't trust me they said what yeah that's good though they said they don't trust me so yeah like like I had to I get I had to go get my credit right I had to go pay off a hundred and something dollar

01:36:32 bill some little crap and then you know they knocked off a few thousand but I still had to pay more than my band member that moved right next door to me bu the same two houses for the same amount of money so um you know like you got to have your your uh the the business side straight you know like know how to handle your your money yeah would see guys I would see guys that would uh get checks and go buy cars and you know there's nothing wrong buying a car MH you know but it's a lot of things that you supposed to do before you go

01:37:06 buy a car and the biggest mistake that people make in the music industry is getting these big these big upfront advances and doing all these concerts and making all this money and not remembering that at the end of the day like only about if unless they figure out some of the stuff that we talked about earlier but only probably 25% of your money is really yours to use right y really yours to really use like they don't think about that like I just saw a situation with a guy you know he got he made a million dollars and this and that

01:37:46 and he didn't never think about that probably 400,000 of that got to go in the taxes I didn't think about that think about that man you got to keep that in mind like if you're not a responsible person and you're not going to invest this money right you got to just take that and put that to the side be like I ain't got a million dollar I got $600,000 that's what it is I got $400,000 that's in the bank that's going to eventually go to the White House y that's right I got $600,000 I don't have a million dollar and depending on what

01:38:17 state I live in I don't even have 600,000 right yeah you're in California it's or New York 400 70 yeah you live in California you got 400,000 yeah exactly $470,000 and so before you go spend $400,000 on a Rolls-Royce or a Bley or Lamborghini truck [ __ ] that's what you supposed to get the government cuz I just saw somebody do that yep like dude when you bought that that money you spent on that Lamborghini show you supposed to get that to the IRS I don't know if you knew that or not damn you you don't live in Kenya whatever the

01:38:50 taxes is over there so and he dealing with that right now so so now he got to figure out a way to do some other [ __ ] to pay the taxes so now you going to lose the Lamborghini truck and you probably going to go to prison yeah man you had a million dollars where you could have just bought a cool little Lexus or whatever or Tesla or something and a you know a small house or whatever and then just stock kept on hustling but you know a lot of people think a million dollars is a lot of money a million dollars is not a lot

01:39:20 of money it's not at all man not even not even a little bit right now yeah you can blow through that I mean very quickly yeah yeah a good night in Vegas you can go through almost a million dollars that's right I've never had one of those nights but yeah me neither but I've I've had some close ones yeah not a million dollars but woo yeah exactly no that's a that's really good advice man I I never thought about the music industry as 95% business 5% Talent that's excellent you make good points on when

01:39:49 artists get a big chunk of money like you got to put that's what give you they give you an advancement got to put it to the side yeah you got to put money to the side I mean cuz the TA you can't get away from the taxes you no you're not going to get away from it unless like we were talking about different strategies earlier but like you know those actually take time to learn and figure out and put into strategies it's not something you can just do on day one yeah and you got to put the the money inside and you

01:40:14 were talking about earlier putting money away for Investments too you know right that's so like I give you I give you a piece of advice not you you are smart but some of the people out there listening and watching like if you get some money let's say whatever it is $10,000 whatever and and let's say for instance you know uh let's say $100,000 whatever the amount that you got to pay in taxes put that to the side put that into an investment you know whatever is a CD at a bank or anything put that into something that

01:40:51 you'll gain a low percentage and then once you pay your taxes at at the end of the year or whenever you pay them then you got a little you made a little money off of it y you made a few few dollars you made $1,000 $4,000 whatever it is if if you got a million dollars you put $400,000 to the side in a good investment you makeing five or 6% off of that you made some good money 20 25 Grand yep yeah yeah absolutely 25 Grand now that you take the Vegas and then you blow it yeah exactly exactly don't do

01:41:21 that but you can't to but it's free money exone it's free money exactly it's it's better than you blowing at $400,000 now you got to figure out if you even got $225,000 to figure out a plan to get some more money yeah yeah no doubt about it yeah people people mess that up a lot and I I could say my my early my 20s you know I made a lot of money in my early 20s and you know I didn't didn't have any idea how to manage my money yeah you know so it's really easy to get into that remember the first big check I got

01:41:54 I'm like w what am I going you know like it's just it's a weird feeling and uh it's exciting but you still got to pay the taxes at the end of the year yeah you know uh do you do any Bitcoin or ethereum I got a little Bitcoin and yeah I got I got a little of that not a lot but well it might be a lot to some the average person it' be a lot but yeah I got some of that I don't know how much how much I trust it or not but but I put it like this I was like you know what the hell I put a little bit in there and

01:42:21 if it if it go good it do and if not you know and I probably would spent this money at Blooming DS anyway there we go how long ago did you put it in I got it in 2019 oh 2019 so yeah 2019 maybe no I take that back probably what year was that maybe 20 maybe in it somewhere between 19 and 21 somewhere between there yeah well 19 to 20 you would have been you be at like five or six extra investment right now so wherever I got it at my my uh they told me that I can pull some serious money out of it yeah nice yeah but I

01:43:00 never did that cuz they say you got to like a get like a wallet or something and it's a lot of process well if it's if you have a a coinbase account it can go directly to your bank account so uh but then you got to pay taxes on that money too but um yeah it's you're doing well I've been investing for a long time and I put a I do what's called dollar cost averaging where every week I don't even look at it just automatically goes in so I have to like pick the price it just you know whatever the year's

01:43:30 average is I'm I'm getting that because I'm investing every week I've done that for a few few years now Bitcoin Bitcoin and ethereum and we give a a 10% discount for the uh the stem cell company for patients who pay in Bitcoin or ethereum and so I've been saying that around where people can buy stuff with you know Bitcoin and all that and I was like that's crazy yeah that's the future man it's it's the future uh the RFK and Trump were at the Bitcoin conference two weeks ago and they're both talking about

01:44:04 making Bitcoin part of the reserve currency of the country uh a strategic reserve and so all it takes know it ain't gone nowhere exactly all it takes is one country to put let's say a $500 billion investment into Bitcoin it's got a 1.4 tril market cap right now that $500 billion investment would shoot it we call up the golden candle that we're waiting on like up 100,000 in a day but um I think it's coming I think it'll be like a million in the next six or seven years million of coin yeah so um yeah I knew somebody back in I

01:44:42 think this was 2020 or something I think it it was really good then right uh yeah 2020 started started as run in uh September of 2020 yeah I knew somebody in 2020 that made like a half a million dollars off of it I was like holy [ __ ] yeah man it's fun man I I love it I love watching it just go up it's one of those things that uh we were kind of early on and like you know bunch of people talk [ __ ] for a while or like no Bitcoin trust us trust us just you know I got a friend that's all he talk about that's y

01:45:12 you know he a street dude he a gang banger in LA but that's all he talk about he on that good well hopefully he don't have to do that very much longer no he don't do that now but that's what he was you know in the past you know now he's you know he's older he's probably 4 years old but that's all he preaches big Co and I Told You So and told you this and everybody like man stop all this craziness that's all they talk about but hey I mean you got something that's it makes a lot of people wealthy it's a

01:45:38 hedge against the dollar you know the Bitcoin there's only 21 bit Bitcoin that will ever be mined okay that's going to be the max so every four years the cost to mine the Bitcoin doubles so it naturally drives the price up so it's called the having event the amount of blocks that they can mine uh is cut in half so that doubles the cost to mine them so the price then goes up because the miners have to hold the Bitcoin before the price is uh you know as the price goes up and so um you know with only 21 million ever ever to be mind

01:46:17 that's all you can ever mind is something like the dollar that just print money so that's an inflationary product bitcoin's a deflationary product so theoretically it could be more valuable than gold because you have something that you can't that you can still go mine more gold but we know the cap on bitcoin is only going to be 21 million yeah and so about five million Bitcoin right now are lost as well there just people lost their wallets so that makes it even less and so yeah I mean if all it takes is one country going in and

01:46:47 Bitcoin is now you know million dollars a coin you know maybe not just if one country goes but you know a few countries start doing the Strategic Reserve currency like that it's going to be flying so fingers cross we'll both do well yeah yeah hopefully yeah I don't keep that that much of an eye on it cuz you know I just yeah I don't know how to take it when it goes down yeah you know it's it's kind of like so when I first got it somebody told me they was like look you know like the person that talked me into getting it they was like

01:47:22 um just put it in there and just go the flow like don't look at it every week this and that just put it in there and just trust me and that's just kind of what I did that's good man well you're you're going to be doing good or you're already doing good so just and give it a few more years and you know look at it in like three years yeah be like okay I'm doing really good yeah when this when this when this interview come out I'm going Mark the day that this interview come out I'm going three years

01:47:47 from that day I love it let's do it You' asked me three years ago I would have told you the same thing thing you would have been doing good too yeah so well man it's been great talking to you man great to finally meet you and uh yeah just uh honored to be able to interview you yeah man thank s told me he was like man you know he's good guy man somebody you should know and really smart guy so nice me you too man pleasure brother thank you very much thank you