RICH VS POOR MINDSET | An Eye Opening Interview with Wallstreet Trapper

[Music] wealthy people first they get into stocks then they start a business and then they get real estate owning a stock is like is owning a percentage of a great business the people who aren't wealthy is because they don't own nothing you only have your money sitting in cash if your money is just sitting in cash realistically you're becoming poorer every day the key to wealth is through ownership [Music] at about nine or ten i saw my moms get shot in front of my face my early years were surrounded with violence i saw my mama

selling drugs i saw my mama robbing i saw my mom's get robbed i saw her get shot and then she later on went to prison right so i saw that early at 14 my mom was in prison and i lost my grandmother which was who i was living with at the time 14 i'm homeless i'm just on survival mode like the world i just want to get to the next day i won't make as much money as i can so i can crack so at 16 i go to prison for 10 murder on a robbery

but in prison uh i had a fight with two of my homies in prison um we fight for like four hours back to back i'm just fighting one after another one like we just fighting um and i go to solitary confinement and at this time all these parents prison is considered like one of the worst parish prisons in the united states of america right and i go to the cell and i meet this white guy that was the turning point of my life he was like man listen man there's a game that's being played and

you're playing a game that you can't win for a minute i just started thinking about the people who i knew that was in the streets everybody lost everybody suffered the same fate he has on a red and white man at the time the red and white man means you're in federal custody the first three things was he said listen man wealthy people do three things man they stop trading time for money they make their money work for them and they give as much value to people as they can we got a little deep into that

he said the reason why you give people so much value is because if you give them so much value they'll never leave you they'll always be fit up definitely and you will never need for anything as long as you give both value to people and so i learned that as i got older that part really didn't make sense to me at the time but the money working for you part and i was like what the how do you make your money work for you again all i know is how to go get money that's all

i know so later on in that he says wealthy people do three things so this may be in the cell for about 45 days every conversation with him about money and transition is always wealthy people do so he says wealthy people first they get into stocks then they start a business and then they get real estate so if when people ask me how do i get into stocks is because i follow that rule and so i just my my rest of my time in prison i wanted to be that i wanted to be a part

of that wealthy conversation and so what happened to me was it started reminding me of being in the streets everything about it and i heard this term one time that said the real gangsters are on wall street the real gangsters are in the government and i was like damn the reason why people think wealthy people are people with money or sinister is because that's what you kind of taught in the hood like you kind of talk like the people who really have money like they did some wicked to get it they did some backstabbing cut

get it and you'll never get that right and so that same mentality now happens on a lower level right the hustling the dope dealing so now you think like yo i gotta just do sinister to get money and then the people who are successful in the drug game they're looking at the people at the top like damn i want to be that but the people at the bottom will never get a taste of that and so now we just kind of living off ambition and so now the people in the middle who work in they're

like all them people with money they all crooks they all because being at the bottom teaches you to envy people at the top it just happens it's a it's something that grows down there right it's kind of like you cook i don't know if you had gumbo before right but it's kind of when you cook food right the base goes to the bottom and so most people live in that bottom never knowing how they'll get up there right i remember so when i was working in the inner cities i remember having this moment where i

was like wait a second this is not an intelligence problem intelligence is evenly distributed like in i remember saying to my wife the next thing elon musk is going to be found somewhere in compton the problem is he doesn't believe in himself and so he's not going to do anything and so i became obsessed with this idea that generational poverty is not about money it's about mindset now it will manifest as money but it is that so i remember i had one kid come to me and and i was the first person that told him

you can be successful like what the why do you not think you can be successful it didn't even make sense to me and he was like well my mom always told me that the world didn't want to see people that look like me succeed i was like i'm sorry what i'm like even if your mom had good intentions that is the worst advice ever because if you think you can't be successful that will govern the way that you move right so kobe bryant people that have listened to me for a while have heard this quote

a thousand times but booze don't block dunks the world the world can hate you all they want but if you're good enough think about this the best basketball players in the world were paid millions of dollars to stop kobe bryant from scoring and the scored 81 points in a single game 81 points when you've got five people paid millions of dollars actively trying to stop you and they can't because you've gotten that good that to me is the game of money people can not want you to succeed all they want but if you out invest

them they can't stop you so if people are not encouraging you to read you're not going to read what happens is now no one now believes that it's possible once you keep passing that down you start accepting the lower level and then there's a few of us or a few people who say no i'm not out here you're like i'm about to go for it and then whatever happens i'm with it you feel me so for me again one of the greatest things that happened to me was my mother telling me like the world is

wrong and you got to get how you live but i also saw my grandmother be a legal entrepreneur so i saw it from both worlds so while i'm in prison i i pick up a habit of reading that was the game changer for me on the streets i never had the opportunity to just sit down and read because i'm always trying to survive in prison there was no longer a survivor mode there i started hustling in prison so i was working in the laundry and so your clothes don't really get clean so i found a

hustle like yo i'll wash your clothes when we do it but it's five dollars or 25 a month so that gave me a whole another set of money and then i started being like a numbers dude how vegas have the numbers the betting i became a numbers guy so i used to get up in the mornings and watch cnbc so my you people in prison they love to watch the young and wrestling and so i would have to get up before them to watch like squawk box jim cramer and i'd be like damn all this

money and they're not risking their life something got to change for me something got to change and so i just started listening to them every day and i started comparing it to the streets a good business is just like a good hustler a good business has great product they have great clientele a great hustler has a great product he has consistent clientele a good business on the stock market has what's called a moat a competitive edge that keeps his competitors away a good hustler on the street is going to have that competitive edge where they'd

be like nah yo i ain't rocking you i'ma just waste a trap come back right so there's the competitive edge a good business has a good branding my name is good right so a good hustler on the street yo trap got that blue magic i'm good on you like if i can't get trapped i'm gonna just go try but try got that blue magic that's what i'm rocking with brandon mo right that's it a great business on the stock market has more assets more liquidity than debt a good hustler on the street is if you

don't learn how to fund your business if you're operating well all you have is re-up money you're not going to last long so those components reminding me the same in the in the stock market or in the world if a company's paying terrors that's equivalent to a bus a dude on the street going paid draft to go hustling somebody huh you can't hustle over here unless you pay me draft it's the same as a terror it's the same thing yeah so once i understand i broke the game down to a way that i can understand

it it wasn't about me just being brilliant it was like yo how do i make the game winnable for me like once you start understanding the fundamentals you give yourself power because you now understand like you said you see how the machine works right and so most people look at the machine and marvel and say either i'm like most people look at the stock market most 98 of the people who i know look at the stock market say yo that's not a game i can play i'm staying away from it and so the ways the

way it's set up is the world is set up well listen cool i don't even want you to play just give me your money i'll play it for you so we look at like banks like we understand that banks don't necessarily work in our favor right so banks only give us 0.05 interest on the money we have there well we can get eight percent just by putting our money in the index fund so why would i just set my money in the bank and let the bank make all the money because all they gonna do

is invest the money for you so they now operate that's the plug they operate now as the man who i'm gonna front you this i'm gonna make my money i'm gonna take the cut i'm gonna give you just enough to keep coming back i'm gonna go to the plug who's the plug the stock market the relationship with money in my community is you make money just enough to pay bills and so once you get tired of paying bills you say you know what i need to treat myself to something right no matter if i got

to go in debt no matter who i go i need to treat myself to something to take this misery away so you treat yourself to something that you can't afford at the time right but it makes you feel good in the moment and so because it makes you feel good you say you know what i'm living this is a reprieve from everyday struggle so that's the mindset comes in and say everybody around me had the same problem no one represented the solution so if i don't change something i'm only going to end up like everybody

else i know somebody has the solution somewhere there's too many people out here living the life of their dreams that i'm watching they know something i don't know and the only thing that they had was access to a different type of information in 2010 this after i'm home from prison huh right i'm home from prison um i'm back in the streets hustling because even though i have the information i don't have the money right and i'm like well i gotta get the money my dog gets kicked in in 2010 they get eight pounds a week

ten thousand dollars yeah a lot of cops eight dollars eight pounds we eat ten thousand dollars a 223 a 40 with extended clip and a bean and a hundred x pills so the cop tells me you ain't heard your lesson but you learn your lesson and i was like damn that wasn't right like i got knowledge i got information but i still felt victim to the same that everybody around me knew so therefore the knowledge that i had wasn't powerful because it wasn't applied so i was fortunate god bless me um i wind up getting

found not guilty because it's called fruit of a poisonous treat so they kicked in my door but they didn't have probable cause because they stopped me and my truck didn't find nothing on me so they went to my house kicked the door with no search warrant so now everything you find is null and void so now i get into the robbing game so now i start robbing doe dealers and i got in a situation where um i was good at it me and my partner god blesses so and then one day i almost got killed

and i go to my pot and i say bro i'm out like i said done deal but when they kicked my door in something happened so they took my truck they took my money but they didn't mess with my stock account i said oh okay start working as an iron worker building stadiums building power plants it's crazy because i was making good money two thousand dollars a week that's good money to some like yo two thousand dollars a week yo that's it two thousand twenty five hundred like it was amazing i started saving and investing

70 of my money i was living bare minimum i was like if i'm a change i got to make like the hard choices it's hard for people to make sacrifice because you got to now go go against and do without some of the things that gives you that momentary gratification that simple that ah that's what keeps you alive that's what keeps you going just to go on vacation one time a year to get these pair of shoes that may cost me a thousand dollars i know i can't afford them but i've worked so hard i

need that just to keep giving me something you have a phrase wall street looks like us well she looks like us now there's another phrase you say but you should like put that same like stamp on it is i own that i own that because you talk about stocks in a way that sounds so rad where it's like you refer to yourself as an owner of the company yes and and the thing is it actually is true like you're not playing a linguistic game it is true but people don't think about it like that but

it's so much more powerful than having a cool pair of kicks is to say i own the company that makes those kicks or i own the company that makes that phone or you know tim cook the ceo of apple works for me i'm a shareholder right it's uh it's really really powerful explain that basic idea of ownership for people that might not quite put it together that stocks really are owning that company so i actually got that term from warren buffett um in one of his meetings want to say it was a 1995 shareholder meeting

and he said that um he owned great owning a stock is like is owning a percentage of a great business and so once i understood that concept i understood that the key to wealth is through ownership the people who aren't wealthy is because they don't own nothing you only have your money sitting in cash if your money is just sitting in cash realistically you're becoming poorer every day right or they own depreciating assets and that's what cash is it's a depreciating asset because the more money they print the more money that money loses value so

if it's just sitting it's the reason why the bank wants you to have your money there so they can take it and use it and invest it so much and be like hey it's just sitting i'm gonna give you 50 cents on whatever you had in it and so the idea of ownership was yo we can just start owning everything that we no matter if it just a stock like that's powerful because if you can start owning the businesses that you now consume every day you turn a one-time transaction to a lifetime of profit and

that was major for me because if i go to the store and buy a pair of nikes that's a one-time transaction in order for me to get something from them again i got to come back and buy another pair of nikes but if i own the nike stock long as i own it it's a profitable um vehicle for me so that one-time transaction can become a lifetime of profit if i own that business if i'm gonna buy apple if i know i'm an apple user if i know i got the phone i got the error

pods i got the macbook i got the pc i got i excited when apple's about to drop something why wouldn't i own it as much of it as i can right like if i if i understand that concept if i know people gonna america has one of the biggest trash problems in the world right so if i know that waste management is a company's going to be here forever because we aren't going to stop throwing things away why don't i own that company because i know everybody throws things away and so now instead of me

getting excited about apple lime being around the corner because it's a new phone i'm like yo y'all have to make me some money right so when i hear a company like waste management has bought 40 acres of disposable land for another landfill i'm excited about that and another great thing about the stock market is for me it now makes me pay attention to the world and so now i understand what's going on in the world i started learning business cycles market cycles you know i'm like because now i can understand yo this is okay things

are going out of business it's okay we're in this cycle okay people are hiring okay we're an expansion cycle and so now i started to take i took an economic class on my own without just understanding the world and so you start understanding when something is happening in china okay something happened in china so i own apple apple has 20 of the revenue in china okay they might take a little hit right now you know what i'm saying so the stock market helped me start understanding how the world moves the fundamentals knowledge is what gives

us leverage in life it's not about how strong you are it's about what you can learn and then how can you actively apply that i have this acronym called fear um finally exiting average reality right and what happens is until we can overcome the fear some people actually fear success success comes with a lot right but until you can overcome that average reality that you're living it no matter what you're on once you become comfortable there it becomes average anyone can live an average everyone can live in mediocrity right then there's those outliers who consistently

push themselves to go to the next level and the thing about the human mind and the human body it will go as far as you push it as long as you believe in it like you said the only belief that matters is what do you believe you can do i personally believe that there is nothing i cannot do and for me it's all about impact purpose fulfillment like the money is a byproduct of everything else that isn't my focus my focus is i have a knowledge and information that i know that can change lives not

just one life not just like lives and so the way that you change lives is by consistently learning finding new ways to put that information out there being able to open up being able to be vulnerable because people need to connect people connect to knowledge in the way that they can see two things that help people imagery and vocabulary so for me it's always about how do i attain as much it's always a challenge for me how can i attain as much knowledge as i can because i love learning but then how do i take

that and be able to now reciprocate it or give it to somebody who may not understand calculus a trigonometry but if i can give it to them in this way they can say oh yeah i got it and there's more people that struggled in the world that has become successful so struggle has to become a language that i'm i struggle so that's the language i'm great at so if i can break down things into a struggle language now i make it the game winnable for everybody what do you say to people that don't think they

have enough money to invest so the important thing for me to tell them is start where you are you build a house break by brick we looking back at our situation you see that was you inherited that whatever it is that poverty you inherited that that mindset that idea scares you that idea that you don't have enough money you inherited that building wealth becomes a revolutionary act because now you start saying i'm gonna go against what i was taught right and so i said by starting with 25 if you can do 25 a month that's

cool if you can do 25 hours a week that's cool because what happens is once you start understanding the power of how your money works you start saying yo i don't need to do that because that's taken away from this let me that 25 will now become 50 guaranteed that 50 will not become 100 because you're going to start doing more with less invest in your first stop it don't have to be a winner it doesn't have to be a home run it can be an 18 t stock that costs 26 right now it may

not be the best investment in the world but you started right and the great thing about anything is you can't be great if you never go to practice you can't hit 81 if you never get in the gym so just get in the gym and then find somebody who can teach you be dedicated to understand the process we have to understand the power and learning and being educated [Music] foreign