This week I'm chatting with Jason Brown, founder of The Brown Report. A one stop shop for all things investing and more. We talk about his mental wealth journey, a revelation that shocked me, his mastermind experience and more.
Want to work with me? Visit tmws.co/coaching to learn more.
[00:00:04] Yo, Yo, Yo, Yo, Yo, Yo, Yo, Yo, You a listenin' to the Mental Wealth Show Jones. You are listening to the mental wealth show. You are listening to the mental wealth show.
[00:00:34] You are listening to the mental wealth show and me, I'm your host. My name is Rich Jones. Yo. So this morning I was standing in the kitchen making coffee and I thought to myself trying
[00:00:50] to be a good person has caused me so much strife in my life and I don't know why I thought about this but I'm glad that I did because it reminded me that there's been so many different situations where
[00:01:02] I was trying to be the good person trying to be liked trying to appear something and in those situations I either shrunk myself or I didn't make the decision that I knew that I needed to make
[00:01:14] or I sacrificed something else that ultimately led to pain. So when I think about that trying to be good and I want to be clear trying to be a good person is different than trying to be successful.
[00:01:28] It's the difference between being seen as bad and as good and it's something that I've come to know very well as I've been on this trauma journey as I'm going to call it and I share that here
[00:01:38] because I know there are a lot of people who apologize constantly for things they don't need to apologize for they're avoiding asking for what they really need because they're trying to be good.
[00:01:49] So if that's you I encourage you to spend some time thinking about that but yeah as I set up top my name is Rich Jones this is the mental wealth show where we have candid conversations
[00:01:59] about growth and before getting into today's episode I wanted to tell you about Monument because Monument is an online platform slash anonymous community slash access to a therapist slash access to medication if you were thinking about changing your relationship with alcohol that
[00:02:19] doesn't just necessarily mean quit drinking but it could mean that and I've had people reach out to me on the side and say yo how did you go about changing your relationship with drinking because I still got these corporate events and all of these other things coming up
[00:02:32] and I feel like I'm drinking way too much and so for me I've always had a therapist well not always since 2015 I've worked with a leadership coach I've been part of a mastermind group
[00:02:44] community and so I've built this system in these structures around me to help me conquer and break that vicious cycle and get to where I am today and so if you're thinking about making that
[00:02:54] change and you've been struggling or you're just want to be part of a community with people who are dealing with something similar I encourage you to check out Monument so you can visit paybow.co
[00:03:05] slash monument p-a-y-b-a-l dot co slash m-o-n-u-m-e-n-t and when you use the link it does let them know that I sent you their way and I do get credit for that as for today's episode I'm catching up
[00:03:21] with Jason Brown who is the founder of the Brown Report the brown report calm Jason is an investor a mindset master I mean he doesn't call himself that but I'm a column that and he's developed an awesome platform where you're going to find multimedia content as well
[00:03:38] as a community if you're interested in learning how to trade how to invest and he talks about a whole lot more and you'll get a sense of how deep this brother is and the types of things that
[00:03:47] he can talk about in this episode today because I learned so much from him very early in the episode that I knew it was going to be a different type of conversation than I thought that we were
[00:03:58] going to have but I'm glad that it went the way that I did and it's a perfect example of the type of conversations that I want to have here on the mental wealth show particularly speaking to black men and not just because it's black history month because
[00:04:11] I've had this episode for a minute but there's something about speaking to black men and hearing vulnerability and hearing folks talk about what it really is versus the putting on appearances and all the other bullshit that I see a lot of folks doing and I'm not saying
[00:04:25] there's anything wrong with that because we've all got to get our coins and we've all got to get our money but to have Jason come on this show and be as vulnerable as he was and not focus so much on
[00:04:36] all the successes that he's that he's a master you can find online I found to be pretty incredible so you'll hear about his experience growing up some pivotal some pivotal moments that ultimately
[00:04:47] led him on the path to where he is today we also spend some time talking about the importance of accountability masterminds and similar so here's my conversation with Jason and I hope you enjoy
[00:05:04] yo Jason welcome to the podcast what's up rich I'm glad to be here man thanks for having me man I appreciate you joining we're gonna have some fun today and first question I'm doing something new because we're in a new year what does mental wealth mean to you
[00:05:22] so man mental wealth it's funny we were just talking about that before we actually start recording and I think mental wealth for me is just like being wealthy with your mindset being wealthy with your thoughts being wealthy with rest and being at peace and there is
[00:05:46] that's a different type of wealth because it's not tangible you can't touch it you can't see it and to be quite honest up until recently it was a wealth I didn't even care about
[00:05:58] you know what I'm saying it was it wasn't even a wealth I cared about or thought about it was like I need to get this money I need to live in this kind of house I need to have this kind of
[00:06:10] I need to get to this financial level and I never really thought about the mental wealth or the mental wealth sacrifices I was making to get there and then I didn't think about the lack of
[00:06:23] wealth that I would feel once I arrived there and what I mean by that for example when I say lack of wealth like you you have all these thoughts of what it'd be like to make a million
[00:06:33] dollars or do you have a big social media following or whatever whatever it is in whoever's listening space then you kind of get there and you know we did the over a million dollar thing
[00:06:46] we became millionaires the house the Ferrari all this stuff but then you start to question things like your mental wealth you start to look at things like well how many of my friends can I call and talk to about this stuff because they're not living the same level
[00:07:00] right so that's the form of mental wealth or mental deficit right deduction from the mental wealth account because I can't even vibe and dialogue and I'm not saying that these people aren't still my friends but I can't talk business problems I can't talk new money stresses with
[00:07:18] them because they don't understand so that was like an example um you know I remember when I first quit my job this was years ago but I was like this is going to be great and I never thought
[00:07:33] about the lack of mental wealth of when I quit my job I was at home in the middle of the day by myself my wife was at work I call my best friends they were at work they're like hey I'm on lunch
[00:07:45] break I gotta call you it's time for me to go back and so I remember walking my neighborhood by myself and I was just like this is not what I thought it was going to be like I'm like I can't
[00:07:58] wait to be financially free and fire my employer and be you know control my own clock and I was just at home by myself and I was like okay this ain't really it you know so those are things I didn't
[00:08:13] even think about I didn't think about the value in the water cooler talk coming to work on Monday connecting with your boy what you do this weekend that human connection um I didn't think about
[00:08:25] you know me and somebody in another department we're both working hard trying to move up the ladder and we're brainstorming about man let's uh let's do this let's get on management's radar
[00:08:35] and I'm saying that to say when you come to the entrepreneurial lifestyle like I said I didn't have many friends to banter with I didn't have many friends to be like how's your business
[00:08:42] doing how's mine doing let's grow this let's do that it was like okay me by myself bouncing ideas off the wall yo so there was a point where I felt like I don't think I'm gonna make any more friends
[00:08:55] like I'm an adult I'm out and that's even what happened a day job and so I I wonder what that was like for you and at what point did you start to overcome that a bit so you know for me you
[00:09:10] know you get to these levels whatever they are and I realized what's what's important for I think everyone to realize and what I had to realize was you have to constantly reinvent yourself and
[00:09:24] you grow up you grow up with this notion that when I get here I'm done and the reality is is when you get here you have to start over I don't think anybody says it like that it's like
[00:09:39] man once I hit this level I'm done it's like no once you get there you're gonna have to start over again because new habits new friends new problems new everything so you said like you know how did
[00:09:51] I either overcome that or you know what was that like for me like I realized I had to join more mastermind so like at this point that's like my thing now is like that's my therapy session
[00:10:03] those are my friends those are where I go to bounce ideas off those are the people I like to talk to is like joining masterminds it's like my form of going to work is my form of talking to my
[00:10:16] coworker now uh is paying to be in these masterminds so that's just one example of something that I've done the other thing that I can say it's like my team has really become
[00:10:28] my friends like my team is my co-workers and so like I try to do fun events with my team because I really like my team and like you know we get to hang out we also get to talk business we get
[00:10:41] to have a little bit of fun as well so I've also noticed my team is now like they're like my friends as well they're not just like these are employees they're like I genuinely care about them as
[00:10:53] employees but I genuinely care about them as a friend and like talking to them and like hanging out with them yo that team part is so important and I had a feeling you were going to go that route even just
[00:11:04] based off of the whole being alone because I've had that feeling and I've got there too where the people that I hire whether they're contract I mean all I have is contractors right now I
[00:11:13] ain't got no FTEs full-time employees yet but I need to be able to vibe with you like yes you can it's cool if you're good at what you do or even if you're not super great but if I can
[00:11:25] vibe with you and I see that you're someone that's willing to learn we can have some fun with it because like I said I'm like I was saying before this like I want this this whole thing to be
[00:11:35] fun so you've got the the team aspect which which I love and we'll talk more about that and then you also mentioned masterminds which I also love and I consider that something that's part of my life portfolio as well for people that aren't familiar with masterminds can you
[00:11:51] give people a simple breakdown of what those are and you mentioned you pay to be in them but I know that there are also free ones as well and people can start their own it doesn't have to be this
[00:12:00] complex thing where they go looking forums and try to find stuff so if you can just talk about what a mastermind is a little bit for folks yeah it's funny the timing I actually just did a
[00:12:11] whole podcast about mastermind because we just came back from a mastermind retreat like last week oh where'd y'all go we were in California so we were in Escondida California was just outside of San Diego and um we had this beautiful multi-million dollar mansion right overlooking the the hills
[00:12:31] basketball court tennis court just the whole works right but it's quite a you know they gotta rent something big and make it make it feel a very appealing which
[00:12:41] is it's so it's just a cool feeling you know I love it bad uh so yeah we were in California but but what is a mastermind so a mastermind is it's just what it sounds like but not what you
[00:12:56] think and when I say it's not what you think people think like just a bunch of rich people who pay to be friends and you're not really friends if you have to pay to be friends
[00:13:07] it's like you're missing the concept so I want to break down the concept first of all a mastermind is a meeting of like minds and also a meeting of minds that think maybe higher than
[00:13:19] you so you're going in to either be around people who think like you so you can share things that you can share with other people but also you're going to be around people who
[00:13:28] think different or on a higher level to you so that they could push you or elevate you and pull you up and the reason that some are paid and some are not and I'll talk about a little bit why you
[00:13:38] might want to pay one why you might not want to pay one but the reason some are paid first of all is the organizer needs to have some skin in the game for bringing all these people together
[00:13:50] number one right they're renting the house they're facilitating they're organizing they probably have a event planner they're ordering food all that stuff is normally included um now that doesn't we pay well above what the food is provided right so they probably got to make a
[00:14:05] profit but you're paying for their services or their circle of influence of knowing the different people to bring together number one number two you depending on the type of mastermind you're looking for you usually want some type of barrier to entry to know that people are on
[00:14:22] the same level and typically that barrier is money it's like you know um I'm in one mastermind that you have to have a business or do something that makes uh over seven figures make a million
[00:14:34] dollars in a 12 month calendar period right and it just level sets to know that everyone in there is at least doing minimum a million so when you have those million dollar problems or conversations you want to make sure that people don't ever qualify if you are in the
[00:14:50] same group of somebody who's just started their candle business and they made $10,000 you might not get as much value out of the problem you have at your level versus that person so
[00:15:00] that's why you might want to be in a paid mastermind but there's not just paid it could be a paid doctor mastermind so maybe the qualification is maybe it's only a thousand to be part of it
[00:15:10] but the qualification is that everyone has to have uh a doctorate degree you know so it's not just your around money it's just ours happens to be entrepreneurial but it could be you know
[00:15:22] anything um it could be you know a bunch of yoga instructors and the paid paid portion could just be $25 but but the qualifications everyone has to be certified in Reiki or yoga or something like that
[00:15:33] so I just want people to understand it's not necessarily the dollar amount and not set not set all entrepreneurial so then there's also peer masterminds as well and the peer mastermind
[00:15:44] it's just like you know hey rich me and you were both in the financial space we're both brothers why don't we come together and just connect once a month see how you doing see how I'm doing
[00:15:54] and uh I was actually in the peer mastermind for a long time and we kind of all outgrew it which is also normal as well that you start getting busy and busy with your businesses
[00:16:05] and you kind of grow apart but those are some of the honestly the peer masterminds are some of the best because we get to see I've become good friends with some people before they
[00:16:16] became the superstars that they are yeah like I knew them back when it was all of us getting together trying to figure this thing out and it's so beautiful to look to see some of them are married
[00:16:26] having kids or grew a big business and I remember when we were having our little google meet-up meetings and it's like man how do we run ads you know we were asking those type of questions
[00:16:37] so those can be very powerful as well so the key is just to get around like-minded people whether it appears or you pay to get into a group where there's some qualifications and let me just throw this
[00:16:48] out there as well also sometimes it's worth paying to get in the mastermind to meet people you wouldn't have normally met that's another reason why I joined different masterminds it's like
[00:17:01] I look at it like a fraternity okay some of the masterminds I'm in I can tell you we would not go out to the same restaurants to eat some of us don't even live in the same states some of us don't
[00:17:13] even listen to the same music so we wouldn't be at the same music concert but that doesn't mean we don't have things in common we just don't have a neutral ground to meet each other on
[00:17:25] to learn what we have in common there's some people that I've met through the mastermind we wouldn't have met any other way but because of the mastermind I realized we have other things in
[00:17:35] common but we needed that common bond to get a chance to know each other and I think that's what people need to understand is that real friendships develop but you need a common meeting ground
[00:17:47] just like graduating from a college it's like you meet someone and you're like oh you an alumni I'm an alumni too and then boom a friendship kicks off but if you weren't an alumni you'd
[00:17:56] be like hey how you doing good you good okay and you get on the elevator and go your own way but it's like oh you got a Michigan State shirt or you have them shirts like I went to you with them and like
[00:18:05] now that common Natalie instant connects you that's kind of what a pan or being in a mastermind is about it's like I need something to become common with these people because otherwise I'm just a
[00:18:16] customer or fan and they got enough customers they got enough fans that's reaching out to them on social media yeah so two words came to mind one investment because you talk about paying the
[00:18:27] be part of a mastermind that is an investment whether you're paying the play get access to people build networks things that may help you down the road so the investment part is super
[00:18:38] critical but then intention because you go into these things knowing exactly or it sounds like you go into these things knowing what you want to get out of them and maybe there was a period
[00:18:48] early on where you were kind of just following common advice and joining starting things up with folks but now you're at a point where when you pay to get into something you know why you're there
[00:18:58] and you know what you're going to get from it is there anything else that comes to mind for you that you think was super helpful for have for helping you to develop a strategy or
[00:19:09] take the initiative for finding and joining these masterminds yeah so for me I look at what I need in the different areas of my life which is you know I look at what I need from a
[00:19:22] business perspective I look at what I need from a personal growth perspective and then I look at what I need from a fun perspective those are kind of the three criteria is that I look for in
[00:19:33] the mastermind because for example I have a guys group that we get together and we do a cigar night that's that's like a mini mastermind is it really cigars what did you say I said is
[00:19:44] it really cigars it's really cigar yeah it's really cigars we'll get together we'll have like we'll all bring different scotches and bourbons together and we'll like we'll all bring some type of bourbon or scotch like I said and cigar and we'll have a cigar night test different
[00:20:00] drinks but well but in those meetings we're talking about life we're talking about either who we're dating or our marriages we're talking about what it was like growing up in Detroit
[00:20:09] you know making it out of the hood and that's like a mastermind like you need that outlet so that's like a personal mastermind so to speak a peer led one or a personal one then there's
[00:20:22] the business mastermind so I was in the mastermind that everybody was like from around the world and in California different places and that mastermind was more business and internet marketing but then I realized I was feeling empty locally like I every time I wanted to do something
[00:20:38] I had to travel to California I had to travel out of the state and so that prompted me to look for a local mastermind so I joined a local group where it was a group of entrepreneurs but they also do
[00:20:49] fun things so we meet once a month and then we also go out for an activity and then there's other activities throughout the month so it's not just business it's actually a lot of fun
[00:20:59] going out on boats and different things like that and so that one field like business and fun whereas the other one just filled all business and then the other one just filled all fun and
[00:21:11] things I talk about growing up in Detroit which I don't talk about in the other two groups so really when you look for a mastermind you kind of need to evaluate where you're at in life and say what
[00:21:21] do I need at this moment and who are the people that I need to be around and I'll go a step deeper and I'll be you know to be transparent I don't like the word to be honest because
[00:21:33] to be honest like were you lying the whole time yeah to be honest oh yeah exactly yeah so to be transparent one of the masterminds I was in I was basically the only black guy and then my local
[00:21:47] mastermind I mean a lot of these guys are doing multi-million dollars and again I was the only there's a black there's two black women and I was the only black guy so I mean I'm talking
[00:21:58] three black people and it's probably I don't know 150 of us in this group so I mean not that many of us so I'm saying that to say um I recently had joined uh I don't like the name drop
[00:22:14] I recently joined a prominent mastermind that is for that was majority black because I just felt like I was missing that I just and there was nothing and there's still
[00:22:26] nothing wrong with the other two that I'm a part of um it's just I was looking also to be around some of our people so I joined the mastermind and I went in specifically said I want to be around
[00:22:39] more black entrepreneurs um in that one so depending on what you're needing and what you're looking for in your life is going to help direct what you're looking for in the mastermind even as
[00:22:51] simple as being around people that look like you yeah and I'm just gonna come out and say it's fucking exhausting being the chocolate delegate all of the time particularly being the solo black
[00:23:02] male which I've been in a lot of settings and so I know what that's like and I'm kind of that way now too where I'm like yo I need to I've done my whole life being around everybody and being
[00:23:13] in the minority and yeah I've learned how to get along with folks from different backgrounds I can talk to just about anyone even though I don't necessarily like talking to people all the time
[00:23:22] but uh I'm at a point where I'm like I've done this for 37 38 years now I want to be more around my people and it's it's been interesting because I found during the pandemic in particular that I
[00:23:34] actually probably made more friends in closer contacts than I did in the past several years combine really interesting so I think about the masterminds that I've joined none paid yet I'd say that they're probably more pure mastermind groups and accountability partner brother
[00:23:51] than I'm working with and just other connections that I've been able to make from I'm not sure what it is maybe it's the the access maybe it's the ease of accessibility that comes with
[00:24:03] being on video I'm not sure if you found the same experience actually how has the pandemic treated you in terms of your association with people and then even just your own mental upkeeping
[00:24:16] and well-being so you know I'm obviously free I didn't feel like I picked up more people at more friends at all I like to get out to my masterminds I like to go out places I actually like
[00:24:28] to go take my laptop and get out of the house and go to Starbucks sometimes and work and I mean I'm that guy that'll just talk to strangers and I'll be talking to the college
[00:24:36] students that's working I'll be talking to the other entrepreneurs was working on her Etsy site or something up in Starbucks I like that that interaction so for me actually I didn't like the whole just being stuck in the house because I already worked from home pre-pandemic
[00:24:51] all right I mean I already told you a story about where I you know quick quick side story when I quit my job and was working from home I actually rented I actually rented some office
[00:25:02] space downtown Detroit because I was like this sucks being home all day I rented some office space and we work and I was driving to downtown Detroit just to get on my laptop I could get on
[00:25:13] my laptop at home but it was the environment it was the people it was the energy of being downtown so my point is I really like being around people so my relationships didn't really
[00:25:24] grow throughout the pandemic I'm like was craving to get out and go meet more people because I already was doing that at home thing so nothing changed at least not for the better
[00:25:36] from my friendships and not for me yeah it's almost yin yang I guess because you sound like you're much actually when I talk to you you seem quite gregarious and extroverted and all
[00:25:48] of that good stuff actually every time I saw you at FinCon you were with a group of people talking so that doesn't surprise me at all whereas I don't need to get out and meet people
[00:25:57] usually when I'm talking about getting out it's leaving whatever event I'm at so I can get my ass back home that's so that's usually what it is for me but what's most important within this is that
[00:26:07] you know yourself and you know what you need and you know how you work best and it even made sense for you to spend a little bit of money so that you could create that space for you to get
[00:26:17] the most effort bang for your buck whatever you want to call it now you mentioned growing up in Detroit what was that experience like for you and I'm curious how that's influenced the way that
[00:26:29] you operate today yeah so you know being at you call this the mental the mental wealth podcast right it's I was just talking about growing up in Detroit and what that meant and more specifically just having a single mother who is from the south my mom's from Mississippi
[00:26:47] and you know I think about how man just is this the funny the name of your show is the mental wealth because that because I think about so many things in life that either tax my mental wealth
[00:26:59] and didn't really contribute to it and it's not like it happened on purpose so for example growing up in Detroit like we're in the hood we um you know it's bars on the window we grow
[00:27:10] up with bars on the window dope houses on the street right we joined gangs I was in the gang for you know a decent portion of my life and there's things in my life that were very unique
[00:27:21] like for example I never had a bed as a kid um we couldn't afford not know that no it's not a story I tell a lot but you know again I want to be transparent and give you and your audience
[00:27:32] as much value as possible but like growing up I never had a bed and so I went to my best friend's house Rick um at like I don't know 10 years old or something I was like man you got a bed
[00:27:44] I was like how you get a bed because I thought only grown-ups had beds because you know my mom had a bed but us kids we slept in sleeping bags on the floor but I wasn't I wasn't aware of poverty
[00:27:54] I wasn't aware because we didn't my dad passed when I was two years old and my buddy he had a mom and a dad so I'm like oh maybe it's because he got two parents two incomes that makes sense
[00:28:03] but I just for the longest time I didn't think kids had beds because I didn't really spend the night at people houses um so when I went to his house finally I was like man you
[00:28:11] could sleep in a bed I just thought that was so fancy um but you know but that's that's what I'm saying growing up in that environment you didn't even know that that wasn't normal to not
[00:28:22] have a bed as a kid um then I remember I was dating this young lady I was about 18 something like that I started dating this young lady drive out to her house and um she lived in the
[00:28:32] suburbs but you know where I'm from you don't really cross eight mile let alone we didn't really know nobody know anybody who lived in the suburbs everybody we knew lived in the city
[00:28:40] and so I met her dating her and she like come out to my house it's like an hour away I'm like okay hope I don't get pulled over like even that we just think like hope I don't get pulled over even
[00:28:49] though we're not doing nothing wrong and so I drive to her house first thing I pull up big brick beautiful brick house I'm like first of all it's a beautiful house second they don't have bars on
[00:28:59] the window right so I'm like I thought everybody had bars on the window because where we from we like somebody coming in to take our tv you know like some and they're not even worried about that
[00:29:11] and so like all of that stuff became taxing on my mental health because once I started realizing everybody doesn't live like this up until that moment it was okay but once I realized
[00:29:25] everybody didn't live like that I started hating how we live I started realizing like well why do I have to have bars on my window and why do we have to rush in the house at midnight hoping someone
[00:29:36] doesn't you know try to come up to his a gunpoint forces in the house and you know my mom would say stuff like we got to keep the windows closed I'm like why because they see the tv in here
[00:29:44] they're gonna try to break in but then I go out to her house they don't even got blinds on the window you can see straight through the house natural sunlight coming in so I was like I kind
[00:29:52] of like that lifestyle better um so that's what growing up was like and that's how it kind of played into my mental health because or mental wealth because that's when I realized we were mentally
[00:30:04] poor we were like worried about someone still in our tv bars on our window worried if someone was going to break in and we didn't even have much they're like they should be worried they got more
[00:30:14] than us but they live in an area where that's not a concern and and and I remember I'll tell you another quick start I remember driving my car out to I'll never forget this story because
[00:30:24] it still sticks with me to this day so I go out there I see their house that was the first time I came up with the phrase that I want a what do they do house because when I pull it up to their
[00:30:35] house I was like what do your parents do you know like what do they do you got the house or you be like what do these people do sounds like man one day I'm gonna have a what do they do house
[00:30:44] and then so we bought this house in Michigan on the lake and uh I'm very proud of it because I always wanted people to come up to the house and be like what do you do and I want to
[00:30:52] say I don't play basketball or nothing but anyway so I drove my car to their house and I'm like gosh what do your parents do and you know they're engineers and stuff but um I come in the house
[00:31:03] and I'm talking about my cutlass I got an 85 cutlass and I got this big metal thing with me they're like what's that I'm like oh this is the thing that's column locks the steering wheel
[00:31:13] then it covers the ignition case they bust it and try to hot wire the car and I'm like next I'm about to get a detachable steering wheel and take the steering wheel with me so they can't even
[00:31:23] drive the car if they get in it wow I never forget man her mother looked at me and said can I ask her a question I'm like yeah I'm thinking she's gonna ask about the car how
[00:31:32] the steering wheel detachable work you know she said where do you stay that you feel you need all of that and man I who I get emotional just even repeating that because like
[00:31:47] I I never had anybody ask me that for the first time in my life I felt stupid like I was bragging like I got the crowbar and I keep people from stealing them I get the
[00:31:58] type I'm thinking like she was gonna be like oh that's cool I should get one too and like for the first time I felt like stupid and I just I couldn't even answer I was just like oh I'm just
[00:32:10] joking I'm not getting a detachable steering wheel for real but I was like crushed inside and I still feel stupid telling that story um because it's just like how how mentally robbed
[00:32:22] and impoverished we were you know like we had no mental wealth we were so poor that's how we were thinking and I just remember leaving like I want a different lifestyle like I do not want to
[00:32:35] live like this do you feel like that was the pivotal moment because I feel like everyone has every superhero has their origin story right and do you feel like that was because I'm listening to this
[00:32:48] and I'm thinking about how how hurtful that was and had to feel you know to have someone even if they may have asked innocently just to slap you with reality like that and for me I've always had
[00:33:03] this this middle school principal who told me uh you'll you'll never amount to anything and that has stuck with me throughout all my life and it's something that I revisit every now and
[00:33:13] then and I think secretly it's like one of my drivers or maybe not so secretly if I know that it's there it's one of the things that like subconsciously motivates me so I'm wondering
[00:33:22] if it's if it's been like that for for you as well I mean I've had several of those moments like seeing my buddy have a bed I'm like why don't I have a bed that was a pivotal moment in my life
[00:33:34] like I want my kids to have a bed you know um driving out to her house was the first time I was like I want to what do they do house her asking me about my car and I was just like
[00:33:45] why do we live in a neighborhood while where people are breaking in our cars and we're trying to print there's only a $3,500 car I mean like it was nothing and people wanted to take the
[00:33:55] little bit we had so I mean I think all those moments add up to like the drive that makes you go after it and then even today if I'll give you another example that's not even you know related
[00:34:07] to Detroit but I was in this mastermind and I'm doing like $600,000 a year like two years in a row and I'm like I'm like that's good I thought that was good money and it is but good is like
[00:34:22] subjective relative it's subjective right it's in perspective so I'm doing $600,000 two years in a row and I'm in this mastermind it's a multiple six and seven figure mastermind so I'm qualified for multiple six well a couple of the people doing seven figures or high multiple six like eight
[00:34:42] nine close to doing seven I'll never forget this too and I know they didn't mean any harm by this but I remember talking to this one girl she was like oh me I'm not gonna name drop it was like me is
[00:34:54] bunch of big name marketers we're all in this group together they're like me such a such a such a such a such we are we all meet separately and got a separate mastermind you ain't know about it
[00:35:04] I'm like no what you mean y'all got like another little small group going on and she's like well let me check something or whatever and she never like got back with me or she's like I thought such
[00:35:16] and such said you was you was gonna join us or something and what I realized was like all the seven figure people got together and created like a separate mastermind from the regular mastermind
[00:35:30] and I think what hurt is like when she says somebody brought my name up I said that means somebody said should we invite Jason Brown I'm like okay I should feel good about that
[00:35:45] but somebody also said no not him and you know and like I don't know if they meant it like that but that's how I took it because she like oh well they brought your name up and such a such
[00:35:59] they said it was I'm like so that means somebody brought my name up but also either somebody or as a group they said no not him and even though I'm doing multiple six figures I can tell you
[00:36:11] without a shadow of a doubt that is the single thing that pushed me to go to seven figures I was like okay I was like all right somebody thought like yeah I wasn't good enough at least
[00:36:26] some that's how I took it and like in life you can take that as like a you know forget them but like I take that stuff personal I'm like okay let's go I was like I'm about to crack seven figures
[00:36:38] and like y'all go wish I hadn't invited me into that group no I don't really care but I ain't gonna lie just even telling that story right not still it burned me up a little bit no I get it
[00:36:48] I get it and you say forget him I'ma say fuck him I'm also doing that in this season of the show and I'm sorry kids fuck him because I've experienced that too you know I think a lot
[00:37:00] of people have experienced that where you have that I'm not good enough feeling and sometimes we say that to ourselves because of the experiences that we've had but then other times there are things
[00:37:10] that happen and there's no other way to take it but I'm not good enough now you turn this into a positive but I've heard conflicting thoughts or opinions about being negatively fueled or being positively fueled so when I say negatively fueled you're fueled by
[00:37:29] maybe something negative that happened or you're fueled by avoiding a particular outcome being exposed to as a fraud for example whereas you know with positive motivation as I'm calling it let's just say you're just driven by this greater goal that you have in life this greater purpose
[00:37:48] this mission this thing and so do you find that generally you're more negatively fueled or positively fueled if it feels like as I'm asking that question I'm like oh I feel like I know what the obvious
[00:38:00] answer would be but I also know I can be negatively fueled and that's helped propel me a great deal in my career so I'm curious if you've been more on the negative or positive side
[00:38:14] I don't even know if it's negative or positive I'd be interested in hearing what you think I think I'm more so fueled by like respect like I don't necessarily care if I can buy something and I also don't necessarily care if
[00:38:29] I lose everything because I've lived with everything lost I'll just build it back like I've lost a ton of money like made money lost it made it back lost it so I'm not really
[00:38:37] fueled by like whatever I lose all this and lose this house I'm like yeah we'll just do what we did we'll move back in with my mom's and we'll go back to work we'll start investing
[00:38:46] we'll build something again but I'm also not like you know then I'm in some groups or you see like excuse me social media where they're just like you should want a helicopter and you should want
[00:38:59] a boat and this and that and and I'm like I'm not like I gotta get a helicopter and like so I'm more fueled by like respect like I want my I want to be respected in the game respected
[00:39:12] in the industry and I feel like when that respect is challenged it's like it activates the hawk in me it's like okay let's go let's go brother we might be we we are similar in more regards than I
[00:39:29] thought because when you said respect I made the sound because one you're clear on the value so I'm like respect is obviously a top value for this guy but I'm someone who's normally
[00:39:41] extremely calm until I feel disrespected like you can do all sorts of other stuff and I'm fine but if like I feel perceived like disrespect I hawk out I turn nine feet tall chest get all big and
[00:39:55] small right and so I totally get you on that man and I imagine that there are other values that have been in play for you as well so I'm curious what like a couple of the other because
[00:40:08] respect came it came out very clearly and so I imagine that there are a couple other things that you know you're motivated by as well yeah I mean I'm motivated so respect is like a huge one
[00:40:20] and then I'm motivated by like my legacy of like what am I gonna leave behind for my kids am I am I making a better life for us than we had so so a lot of that is is is motivating me
[00:40:35] as well but obviously respect is like way up there and then it's like what can I leave for my family to kind of pick the ball up and carry it forward you know I don't but but even then I want my kids
[00:40:50] to respect me though I just go back to even for that it's like it's not even about what I can leave them behind it's like I want my kids to be like that was my dad you know not this is
[00:41:01] what he left behind but like man my dad was grinding every day for us I respect that my dad built a business so we could go so we didn't have to live in the house with bars and worry about if we're
[00:41:12] going to get robbed not that it can't happen in the suburbs you know oh no listen doesn't take that from it but your kids won't even know what bars are yeah they don't I mean I you know I
[00:41:25] if I turn the camera around all our windows are just open you know like they're living a totally different lifestyle but more than like what I can give them I want them to look back and
[00:41:36] be like man I respect the price that dad paid to get here so even though I'm feeling about family and what I could leave behind and stuff like that it's also like respect again from them even
[00:41:48] respect from my mother to be like oh and pride you know like I'm proud of what my son has done I'm proud of what I was able to do for the family so it would probably be respect and pride would be
[00:41:59] those you know those those those two values that drive me and then you know I think about testimonials or people saying you changed my life or I learned this because of you you know so that's like the
[00:42:13] third piece of it it's like knowing that you're giving back or knowing that you're making a difference that would be part of like the top three pillars of what drives me yeah so I've got helping others slash making a difference is one of mine authenticity and freedom
[00:42:33] and it's interesting because I'm I'm not going to shrink you and be like oh you had this experience in childhood so this means that this is why you do this but I'm listening and there are
[00:42:43] similarities right where I think there are these earlier experiences whether positive or negative that we don't we may not think about them much at the time but even 20 30 40 50 years later
[00:42:54] they're still very much impacting you know how we how we view and and how we do things for sure absolutely I mean you got to think we just moved into this house three years ago and I was probably dating that girl when I was
[00:43:11] 1920 so I mean you're talking 20 years I've been chasing this what do they do house from that experience of pulling up to her house you know all my life I've been saying I want my kids to have beds since
[00:43:24] I was 10 and bound all the kids can have beds so absolutely that stuff you know comes with you um throughout life and effects your mental health your mental wealth how you think about things
[00:43:36] yeah yeah so let's talk about some of the wealth and more the traditional sense real quick because we've we've gone through which I've learned so much I've had you on a previous iteration of the
[00:43:48] podcast for folks that are that are newer and I feel like I've learned so much today and what I love is that we didn't have to get into just talking about tactics you know that we
[00:43:58] actually had a conversation about the real shit because you if if you don't start putting these systems in place if you don't start understanding more about who you are what you need where to make these investments we're probably not having this conversation today and um you're you're probably
[00:44:14] not where you are today but you are where you are so talk a little bit about the empire that you have built in uh one thing that was really interesting from our conversation back at fincon
[00:44:26] was you talked about uh how you see your business the way tech startups see their business where you're looking at different factors and keeping everybody coming to your platform as opposed to uh going
[00:44:37] to there so talk about this this jason brown empire that you've built man with with all that respect on your name yeah so you know for for your audience if they don't know like i'm in the
[00:44:49] stocks and options industry so i'm a stock and options trader and then we built um a stock and options online trading platform and education platform called power trades university and
[00:45:00] you know when i look at the landscape or when i look at business i you know i always think about the long term and so why most people like go build their platform on all these other
[00:45:12] course teaching platforms which is not a bad thing depending on what what you're going for but i think about like they don't have anything that's technically um sellable willow to their kids you know i i looked at the industry like linda.com did right so linda built
[00:45:31] her own platform and had people come into her platform to learn whatever they wanted to learn and at the end of the day uh it was linked in who paid i believe it's like
[00:45:42] i want to say they pay 1.5 up to 3 billion and bought linda.com right and so and then obviously microsoft bought linked in so technically microsoft ends up buying linked linda.com and so like
[00:45:57] i'm not saying i want to sell it right now or someday but what i learned from linda was like there's power in owning the platform that people are coming to to learn and nobody can
[00:46:10] shut her down nobody can kick her off the platform because they don't like what she's teaching or the people she's bringing and and that's what i looked at i looked at like it's like i want to be
[00:46:22] the place where people can come to learn about the stock market learn about options live day trade get financial news uh chat with other traders in our chat room so i was like i want to be that
[00:46:34] hub and i want to own it all i didn't want to have my courses over here because we did this in the beginning we had our courses over here and then we had our forum in the facebook group and i and
[00:46:45] i just hated that because facebook could shut you down determine who gets to see your content run ads to your people now it's like why am i giving facebook this much power so we ended up
[00:46:56] building our own platform our own custom platform forum live streaming courses coaching um everything is all under one roof and you know when we talked about that in fincon it's like i'm focused on
[00:47:10] my business as like how many daily active users do we have the same way that people are logging into instagram daily facebook twitter how many people are logging into our platform not only just to
[00:47:21] get the education but to hang out hang out talk stocks network with other traders and you know i'm always looking for how we can improve the platform to make this a place where the best of
[00:47:34] the best traders want to come hang out and they're making money they're talking shop they're learning it's all right here they don't have to go anywhere else so that's what we built and that's what we
[00:47:45] continue to market and get the word out about and as long as we continue to be the best at making it a place where people want to come and can learn and hang out and get educated and
[00:47:54] make money um i know that we'll have a long run rate and it's just a matter of time before we become a major platform or even more major platform than what we are uh i love it man jason this
[00:48:10] this conversation you know i just got a brother just got chills at 8 58 a.m on the west coast because just the the vulnerability that you've displayed and then hearing kind of where you're
[00:48:23] at today and you know having this platform that's continuously growing and hearing where you are in the number of of zeros and i won't lie when you mentioned the mastermind with seven figure earners i imagined everyone sitting around a poker table because that's like some classic mastermind
[00:48:38] shit but uh it's been fantastic having you on this episode of the mental wealth show i know where i can find you tell the people what they can find you around the web for sure so obviously
[00:48:48] i'm jason brown so they can find me on the web at thebrownreport.com that's my website on youtube i'm the brown report on instagram i'm brown report um all one word brown report on instagram and so
[00:49:04] yeah that's the best place to find me the brown report pretty much on all platforms thank you so much for coming on glad to call you a fellow brown brother in arms rich i appreciate you having
[00:49:16] me man it's been a blast i was looking forward to it and i'm just glad we got to connect and talk this kind of talk and not just business talk yes love it yo thanks again to jason for coming on the
[00:49:32] podcast and being all things candid i mean you want to talk candid conversations about growth that was candid as hell so props to him for that won't be the last time that you hear from
[00:49:43] jason and jason we got to get time on the calendar but hey if you enjoyed today's episode be sure to share it share it with your network share it with a friend share it with the co-workers
[00:49:53] share it with your brother share it with whoever the hell you think could benefit from this conversation because the more people we reach the more people we help and as i said up top if you
[00:50:05] are thinking about changing your relationship with alcohol be sure to check out monument and you can find out more by going to pay val p a y b a l dot co slash m o n
[00:50:17] u m e n t i almost spelled that shit wrong but yo that's all i got for today so until next time do something dope