Become a Subscriber to Receive Access to EXCLUSIVE Episodes and SO MUCH MORE!
Feb. 28, 2024

Making 6 Figures Out Of A College Dorm w/ Donald Luxama

Making 6 Figures Out Of A College Dorm w/ Donald Luxama

Sitting down with Donald Luxama, a 23-year-old beacon of financial empowerment, we uncover the transformative journey from a factory worker to a serial entrepreneur whose life exemplifies the power of passive income. Donald's tale began with selling bracelets during a high school fundraiser and flourished into a diversified business portfolio, all under the guiding principle that true wealth is about making money while you sleep—a gem of wisdom from none other than Warren Buffett. This episode promises to take you through the highs and lows that have shaped Donald's unique path, revealing the potential within all of us to thrive financially without being tethered to a conventional nine-to-five.

The parallels between the discipline of sports and the rigor of entrepreneurship are potent, as I share from personal experience. A disheartening moment in high school basketball led me to embrace track and field, where I found my true calling. This shift not only brought unexpected success but also unveiled the deeper lessons of accountability and teamwork—qualities that are indispensable in the challenging world of business. Here, we thread together the fabric of personal growth through sports and how it aligns with the success I've found in various ventures, from DSK Products to content creation, despite the backdrop of a global pandemic.

Our dialogue goes beyond mere anecdotes, diving into the mindset required for financial success. We explore the contrasts between those who succeed against all odds and those hindered by entitlement, stressing the importance of lifelong learning and personal growth. Donald's experiences with vending machines paint a vivid picture of how determination can translate into a steady income stream. Above all, this conversation is a rallying cry for like-minded individuals to band together, support one another, and relentlessly pursue their entrepreneurial dreams, regardless of the skeptics that may lurk along the way. Join us as we navigate the waters of creating meaningful success and living a life that truly belongs to us.

Support the show

HOW TO SUPPORT THE WALK 2 WEALTH PODCAST: walk2wealth.supercast.com

1. Subscribe, Rate, & Review us on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform.

2. Share Episodes with your family, friends, and co-workers.

3. Donate what you can financially to help us continue to bring great content that inspires you, and people like you around the world!

4. GET YOUR BEGINNER'S GUIDE TO START YOUR DREAM BUSINESS: HTTPS://WWW.BIT.LY/WALK2WEALTHGIFT

HOW TO SUPPORT THE WALK 2 WEALTH PODCAST:

1. Subscribe, Rate, & Review us on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform.

2. Share Episodes with your family, friends, and co-workers.

3. Donate what you can financially to help us continue to bring great content that inspires you, and people like you around the world!

4. If you want access to EXCLUSIVE content, live interviews, Ask Me Anything calls, our wealth-building community and so much more...BECOME A SUBSCRIBER TODAY!

Chapters

00:00 - Journey to Passive Income

06:23 - Personal Growth Through Sports Experience

12:15 - The Power of Sports and Entrepreneurship

23:34 - Mindset and Financial Priorities in Success

32:09 - Navigating Growth and Success in Education

38:32 - Lessons on Success and Determination

Transcript
Speaker 1:

For me. I just wanted more because when you work a nine to five job, like, you're limited. I just always had like an entrepreneur mindset. Like I remember, I was in a factory. I was working for Bed, Bath and Beyond. Mind you, I'm making $16 an hour. Meanwhile I'm counting up all the invoices because I'm packaging all the boxes. I'm reading the invoices $50, $100, $150, $200. This company just made like almost a million dollars in the hour that I just worked and I just got paid $16. And that always frustrated me. I was like, why can't it be me? Why can't I make this move? Why does my money have to be docked by the amount of hours I work?

Speaker 2:

The journey to wealth is a long walk and some may walk quicker than others, but what good is sprinting to the finish line if you pass out when you cross it? On Walk to Wealth, we enlighten and empower young adults to build wealthy, abundant lives. They say the journey of a thousand miles begins with a single step and your first step starts right now. This is Walk to Wealth with your host, john Mendez.

Speaker 3:

Hey everyone, welcome back to the Walk to Wealth podcast. If you're tuning in on YouTube or any of the podcast directories, make sure to do yourself one teeny, tiny little favor and make sure to give us a follow, because I don't want you to miss out on any of the amazing guests I got coming on this year. But I'll further do. Let's get right into this one. Donald man, for anyone who hasn't had the opportunity to get to know you, to get to meet you yet, brother, tell us your elevator pitch. Man, who are you and what do you do?

Speaker 1:

So my name is Donald Xama. I'm a serial entrepreneur. I teach people how to make money through passive income, whether that may be vending machines, whether it may be YouTube, rental cars, basically anything passive. Because I realized from, like our early age like if you, if you work with, if you work with your hands all the time, then you won't be able to really, if you work, if you do everything like active, then you won't be able to really make money while you sleep. And Warren Buffett said. Warren Buffett said if you can't make money while you sleep and you won't ever be rich. So that's really who I am. A regular guy just helping regular average day people just make money passively.

Speaker 3:

Yeah, and Donald, real quick, before we get into the conversation, like let us know how old you are, man, Cause I know either way, you think you're a couple of years older than me, right At 24, if I'm mistaken 23, 23, 23.

Speaker 1:

Yeah, just turned 23. 23.

Speaker 3:

Blessings, man. Congrats on that. So you're 23 and you're already helping people learn how to make passing income, and you're already, you know, running multiple businesses, man. So before we get into that, though, take us back in a time machine, man. What was little Donald like growing up, man?

Speaker 1:

Like when I was growing up. I was like I was an athlete Like I never thought like thinking back. I never thought I would be in business. I'll never thought I'd be helping people through business. I never thought I would be in this path Like I was more of like an athlete growing up by the time, like I was in high school. By the time I got to high school is when, like my entrepreneurial, my business started. Because I basically started, I met this girl and she had this event called like the Pinkathon, where we're selling like different bracelets and stuff. And basically this girl was like yo Donald, can you sell all these bracelets? And I ended up selling like 75 bracelets in a night and from there I was like wow, like I could really be an entrepreneur. And, mind you, those bracelets were $3. Imagine trying to make someone buy, like high school students trying to buy a $3 bracelet. And that's what I did. And from there I was like wow, like maybe I could really be a big entrepreneur, Maybe I could really do like be a businessman by the time I got to college. Like that's when it really started to like grow on me, Like my goal at first was just to own a car wash. Like I told myself, like I just want to own a car wash, I just want to do something like that. And then from there, like I just exploded and I just started meeting new people, never came new people and I started gaining, like this, entrepreneur mindset.

Speaker 3:

Yeah. So before we get into it, man, take us back a little bit. You said at the Ping-a-Tang you sold 75 bracelets at $3 a pop. Anyone that needs to do the math, that's what? 225 right there. 225, yeah, your nice little 225 that you just made in high school. Now, I don't know about you, man, but in high school 225, you know how many snacks I could. That's like a whole like. And my high school, you feel me, we had this little spot called JRLTC and like the, you know the military like the army people. Yeah, and they always had this candy, like the snack shop, bro. So now it was a spot between periods Like we'll go to JLTC.

Speaker 2:

I'll get me some Oreos and Skittles and some of this.

Speaker 3:

Oh yeah, they sell chocolate. Yeah, but ours they had everything Like they had Pringles, chips, freaking candy chocolate, you name it, they had it. Bro, there was like a whole little mini, like vending shop in there, like little convenience store, and so that was the spot as well. So I know 225, man, that would have been good money for me. And you said that that was like your first, like real thing where it kind of kicked off. But do you think that there's anything that led up to that that made you potentially good at that Cause, like, and not a lot of people that can just, especially back in high school where everyone's still pressed and you know about peer pressure and worried about what other people got to say, not a lot of people that can just go up to people and start selling stuff at that age, and especially to other high schoolers who you know? Is there anything else that you did that might have helped you, like, excel at that bro?

Speaker 1:

I was, but when, like thinking in high school, I was always like a very outgoing person, like I always liked to meet new people or it's like to have different conversations with people, so I think like that always like benefited me. I was never afraid to walk up to somebody and talk to them. I was never like like I just didn't have any fear, like I was. I'll take all the risks now and, being being that, I was playing sports, I was running track and I was like known in the school, like it just made it easier for me and people was like able to connect with me, people was able to trust me at that time. Yeah, and like that's what, like I feel like that also helped me to be like in my like entrepreneurial journey.

Speaker 3:

Yeah, no, that's just that. You know they always say people do business with people. They like knowing trust, and it was already cool in the school, so it's like it made everything that much easier. Back early on you said you did track. What other sports did?

Speaker 1:

you play. I did track, I did cross country and I did. I played football. Like my first two years I played football but like when I was playing football like I was in, like the best, and then when I got to track, like they treated me like I was like amazing in track, like we were breaking school records, like I was doing a lot in track, like I barely made JV for like the football team. And then when I got to track like varsity, like my first year I was the captain of the cross country team and I didn't even run cross country like that Like I was. Even I was a sprinter.

Speaker 3:

Yeah.

Speaker 1:

And I was still able to be like the co captain of like the cross country team. So that was like. That was like pretty cool. That taught me like leadership at a young age as well. Like it taught me how to become a leader. Like I have people like following my instructions and I'm not even like the fastest one there in terms of like distance wise, so that that that I feel like like those experiences, like they helped me, like they shaped who I am like today, like those experiences back in high school, yeah, and I feel it because I played football.

Speaker 3:

I saw I played football, that was my main sport. I did basketball for a year, my sophomore year. I made the team and quit the same day I made it and then I picked up track my senior year. That's how long story short, this is a lesson, right? If you feel like you're not doing something for you, it's okay to walk away from it. So for me, a little bit of backstory. Right, I made the team my freshman year. Right, and my coach my freshman year. He. If you weren't in the side of five, you pretty much didn't get any play time, and what sucked is the person that was starting over me. I played point guard, but the guard starting over me sucked. Like he was one of those guys that made the team in middle school Just because, like he passed with two hands and like you know, he, he made sure to protect the ball when he dribbles like super technical. He wasn't actually an athlete, though he wasn't, he wasn't a hoop of Pharrell, and so he made the team just cuz, like he's like the coach's pet, right? He's the ex-unfair basketball player that follows everything to tee, and so that's that's all I made. And he's starting over me and I know I'm better than him. So I'm like, damn, I ain't no quitter. So I was like I'll just ride it out and then we start. I said I get more play time, more play time, and then our city rivals stand for high. We played them mid-season, by freshman year, and you know that last two minutes crunch time like those are very valuable minutes. It was a close game. The whole game coach put me in right cuz I Fourth quarter, two minutes left, so that last two minutes I got like three steals and I got the game Changing, lay lay up because we was down, I think one. And then on a fast break I broke out. It was wide open, made the lay a boom, we got the lead. Then I got two steals and then I got that. I had the game closer, free throws to Close out. So I'm pretty much I ain't gonna say I don't keep on the game for us. You feel me I don't keep on the game for us and I'm thinking in my head like yo, like we let, I'm about to start playing more. He's not gonna start. And coach just started playing me even less. Like I was like alright bro. So I was kind of miserable, low-key playing. Sophomore year, fast forward a bit, basketball trials come. I don't know how it was at your school, but at our school basketball trials like the like, the Function to be at it was like a party. Like there was mad people that had, yeah, people that had no business in a basketball court will pull up just to say like yo, we're going to try out, so you're going to go in it. Yo, you got a basketball yeah.

Speaker 1:

I'm going to basketball. I like it's like in full, yeah, but Jim full and so I'm.

Speaker 3:

I ended up making a team Right, and the day we made it as they, we had a scrimmage and so they were gonna officially announced that I made it pretty much at the end of that game, and so I'm on the bus there waiting. I remember I had my headphones in and I was just sitting there listening to music. I was like two rows in the right hand side of the bus. Man, I remember this visit vividly, for whatever reason, and I'm just sitting there listening my music and I was just in my head thinking like yo, am I really doing this for me? Is it because, like Everyone does, you know, goes to tryouts and I just happened to make it this year? And when I really came down to it I couldn't say that I was doing it for me, right, and so I literally I ain't saying that no one. I got off the bus and From there walked off. I went to go hide in my my calc teachers I was a junior, I'm like one of my math teachers, I think what to go hide in her room. And then I took off the 330 after school bus and that was that. Never played basketball, at least for organized, ever again. After that Long story short, I just said I Knew I wasn't doing it for me, right, and I'd be damn if I'd go live my life for other people or live my life not for other people. Live my life, live the life that other people want for me instead of the life that I want for myself. That's better for myself, you feel me, and so it's like I know how to worry back then. But that's essentially what I was thinking and so I just quit the team and right. And then I ended up playing track my senior year. I did javelin and I had I always had an arm, so like I was just going running around with a spear just slinging that joint. And I did track as well. I did hurdles, literally the last track meet. Because why not, not? Not because I guess Did you do one, ten or four hundred?

Speaker 1:

I did, I didn't know.

Speaker 3:

I did the, I did the 110, which was crazy, and then I did the 300, or it was a, it was three, it wasn't 400. Yeah, it wasn't foreign, it was 300. And that was funny. I was running and literally there's this guy next to me. I got dumb tired by the time we turned around to hit the loop. That last hundred meters I was so gassed and we only had like four hurdles left or like three hurdles left, and the guy next to me had caught up to me. Guy dusted him and then, you know, he literally jumped, he got caught on the hurdle and fell in his face. So I look back and I see him fall, bro. I see him fall, bro. I was like I'm walking to the finish line, I don't care anymore. So I still beat him technically. But that was pretty much that, man. But long story short. I say all that to say, man, I played sports growing up and it made a big impact on my life. Man, it really did. You know? Help define who. I am psyched for you, man, like. How has sports like impacted you and do you think you have a lot of impact on your life and do you think you'll be who you are today without the sports?

Speaker 1:

Now I don't think I wouldn't be with who I am today, because sports it teaches you like a lot. It teaches you discipline, like, imagine, like you have to go to practice every single day. I don't know about you, but I practice like every single day for track in high school and in college I was going to practice every single day. We had a weight room, we had to go to the trainers, we had rehab, we had all these different things. I think sports teaches you discipline, it teaches you that you need to show up and it teaches like accountability and also to since track is like a team sport like you have to show up for your team, even though it's an individual sport. But when you go to like these big meets, you have to. You're what you have to win To get that as a team. So I think, like sports teaches you accountability, it teaches you teamwork, how to get along with people right. There's. There was times that I had we're doing relays, relays based like four people on a team and if I, if Me and like somebody on the relay was mad at each other, we had to learn how to Basically come, come together and work out those different problems. So I think Sports for anyone, anybody should do. Sports teaches you discipline. It teaches you responsibility. It teaches you that you need to show up and you need to get it done. No excuses, you have to get whatever. Whatever the task is at hand, you have to get it done. I think, sports really shows you that.

Speaker 3:

Yeah. So now you said after the high school Pinkathon, right, you said you started to embrace it more, which actually wasn't that long ago. So like, where did it really start taking off for you? Where did it really go from there once you got into college?

Speaker 1:

So like freshman year right, covid happened, my freshman year I was running track, I was doing amazing. I was doing amazing in track, I was one of the fastest people on my track team, right. And then COVID hit bang. So when COVID hit, everything got shut down, track was closed, everything was closed, right. So basically, during that time, we were stuck in the dorms right, the dorms was the only place that we could stand. So during that time, my business partner me and her at the time, my business partner at the time we started this company called DSK Products and we were selling hand sanitizers because there was no hand sanitizer in the store. Like, I was going to all these different stores like Shoprite, walmart, and I realized that there was no hand sanitizer in the stores and one of my teachers said, oh, hand sanitizers will be a good business. So my business partner actually knew how to make the hand sanitizers. So I went over on Instagram and I type, I went on my story and was like yo, does anybody have hand? Does anybody have alcohol? Because you mix alcohol and what's the green thing Aloe vera together. And that makes hand sanitizer. So, that's when it really started. So we made six bottles of hand sanitizers and we sold those hand sanitizers. That day, you feel me. We went to Dollar Tree to get the bottles. We went to this place called Vista Print to print out the labels of our logo and stuff. And that's when business actually started. The DSK Products started in the dorm room. And then from there, from DSK Products, it led into the vending machines, it led into YouTube channels. It led into that's where it originally started.

Speaker 3:

From DSK Products. So it was a talk for me, though, because for me, I know, pandemic happened and I didn't turn into an entrepreneur. I ended up reading Wish that Poredad, and I tried to get into real estate and then, from real estate, I tried to get real estate investing at first, and then, from there, I became an agent. So, for you, I was watching a lot of podcasts, a lot of YouTube videos. Who were you watching? What were you listening to? Because I know we go to network and meetups and business, but most people our age aren't doing that, bro. So I was just like, what were you listening to at the time? What were you watching at the time? Reading at the time, were you even reading? What even made you want to do that? Because, as I said, starting a business isn't the norm for most people at this age.

Speaker 1:

For me. I just wanted more, because when you work a nine to five job, you're limited. I remember I just always had an entrepreneur mindset. I remember I was in a factory. I was working for Bed, bath and Beyond. Mind you, I'm making $16 an hour. Meanwhile, I'm counting up all the invoices, because I'm packaging all the boxes. I'm reading the invoices $50, $100, $150, $200. This company just made almost a million dollars in the hour that I just worked and I just got paid $16. And that always frustrated me. I was like why can't it be me? Why can't I make this?

Speaker 3:

money.

Speaker 1:

Why does my money have to be docked by the amount of hours I work? So then I read Rich Dad, poor Dad. Somebody sent me Rich Dad, poor Dad to read and I started, like you said, I started watching all the business stuff I could. I watched Earn your Leisure podcast, the Social Proof podcast, I watched Alex Hermozzi, I was watching Dave Ramsey, every Wall Street trapper, pushman, all the African American entrepreneurs and other people. I was just watching all of them just to really just get inspired, because I'm the type of person I don't really need someone to hold my hand, I just need you to tell me hey, I made $5,000 a month from Vending Machines and now my mind is like woof. Now I have to prove to myself that I can do it. That's the type of person I always am. I'm very competitive, right. So once I see it, I challenge myself like can you really do that? Can you actually do that? Because I started watching this guy named Hamiah Ibnes. He's basically one of the biggest Vending Machine channels on YouTube. I started watching him back in the early stage. He didn't have a lot of subscribers this was during the pandemic and stuff and I was like, yo, I could start a Vending Machine business. Maybe I could do it too. And those are the different people that I was watching to really get inspired. Because for me, I just have to see it, because I feel like the problem with people is they can't see it, so they really can't do it. And I always had a big imagination. I tell people all the time you want to be a millionaire, you want to make hundreds of thousands of dollars a year, you need to be able to see it before it's ever in your hands. I'm not a millionaire yet, but I'm still telling myself yo, you're going to be a millionaire one day. Yo, you're going to be driving this far. So I get exposed to this stuff. That's when we go to these networking events. You get exposed to different types of people. You meet millionaires and billionaires. You meet people. I've been in rooms with millionaires, and the way that they speak and the way that they move and that exposure alone just makes me want to be great all together.

Speaker 3:

Yeah, no, I feel you. I felt that OD because I went to a lot of networking events in and bro this. I got Quite a lot of. I got a good amount of million years of my phone, bro, like in my contacts, save, bro and the people I could call up. Now they may not pick up first call, now I'm not. I'll be transparent for me, I'm not him yet you feel me, but they still in my phone. It's not I still I still could speak to them, bro. They might not pick up first call but maybe second call they pick up, at least they'll text me back and it's like you can see it surrounded around that stuff. And then, bro, you, the way you speak starts to change it, not in like a cold switch, like hi, I'm John Mendez, nice to meet you. Like the way you speak in terms of like the things you believe, how you start to articulate yourself. And just because you use slang doesn't mean you're in articulate, bro. That's one thing I hate about people, that it's like oh, you know, they try to use these over complicated words and and just to try to get the point of grass, like congrats, right, you read the dictionary, bro. Good for you. Great. It was just like you start meeting up with these people and you start realizing like the way they maneuver, the way they conduct themselves is way different than the majority of society, and Most people don't understand that success leaves clues. It's like why are you know? I said I'm asking and, and I Think too, like talking to enough people, I started to realize, bro, like the quality of your life Really can be. There's always like a direct correlation, correlation between your quality of life and the quality of questions you ask right, and most people ask the wrong questions. I, oh, why me? Why does this, all that happen to me? You know why my life suck? Why don't I have money for this? Why can't I afford this? And say, bro, it's like, what are the people that money doing? How can I make that money? How can I afford it? In sects? It's very subtle things and it's so much easier said than done, though that's the one thing I don't want people to miss. I think it's easier said than done because you can read it in the book, but it's like Living that out is a lot. You have to go through to, kind of untapped that and rewire yourself almost to the Conditioning, into the, all the social programming that goes into us. Like for you, bro, like what was that process like for you? Because for me, I know there's a ton of things that I had to uncover that I even know I had, because I was never thinking entrepreneurally and then, once I did, I kept running into these walls. I didn't know I was running too, because there was things that I haven't dealt with from what I learned growing up. So I, what was that like for you, bro? I?

Speaker 1:

Feel, like when I became an entrepreneur like you have to change your mindset, like you said, like you have to change the way you think of things. You have to change the way you look at things. Everything about you has to change right and that change needs to start with, like your environment. Who are the people influencing influencing you? When I was in college and when I was in the dorm rooms, I realized like all these, all these people that was in college were average, all these people weren't going places. So I have to insert myself in these rooms where, like, like you said, those millionaires and those people that's actually like grinding people that actually have plans, because there's a bunch of people that you're gonna meet like yo, million-dollar dreams but a minimum wage worth at, they like they don't, they don't really want it, they just kind of wanted. They just like, oh, I want to be a millionaire, but they have no steps to it, they had no plans, they have no goals. So the first thing that you, the first thing that you have to do, is you have to change your mindset. What do you want? You're filming. You have to be clear and specific on the goals that you want. That's why I started to do, right, if I said I want, if I said I want a Tesla, that's my dream car, you have to know how much that Tesla cars. So I was like, okay, the Tesla cost $60,000 with all these features that I want. Is this? What type of house Do you want to live in? What type of dreams? We have to be super specific. Right, that's what. That's why I started to Change my mindset about things, like I stopped, and also to the words that you say are very important. Right, I just don't say anything anymore. I realized a lot of people did, just did a speak and it is. They don't understand, like, how words have power. Right, the Bible says, like there's death and life in the power of the tongue. Like, if you tell yourself like you're broke, if you tell yourself that you're average, if you tell yourself that you're not worthy enough, then that's the, that's the place where you're gonna be. You're never gonna outgrow from it, right, and a lot of people, like they've been hearing that their whole lives, that they would, can never be rich. They've been hearing that they could never, that can never be the first million in the family, they can never be the first person to go to college and then they that mindset it gets stuck to them and then they get. They get stuck where they are, right, like what I'm realizing this is gonna be always gonna be a hot take when I'm realizing People from that are not born in this country, right, people that are not born in this country, people that come to this country I don't know what it is, but like their mindset and they're grinding their work ethic is like always crazy compared to the people that's born in in the United States. Like I meet people that's born like, outside the country and like when they come here, no college degree but they own multiple houses, their millionaires, right, and you got people that live in the United States is, they're very entitled. You feel me and, like I said to, with mindset, you can't be a victim, even though, even though, like, the Chains and shackles are not on our hands, no more, I feel like people have shackles in their mind. Yeah, I mean, and we're talking before and you were telling me how you, how you made your course and the course didn't work, and you and you told me oh, I gotta blame myself. I started doing that, like I started Every. I started like everything that happened in my life. I just started blaming myself for it, right? Oh, I don't have the money I want. It's my fault, I'm not where I want to be in my life. It's my fault. And a lot of people don't do that. They blame everybody else for their problems and they never really and they don't, and they're the root of the problem why they're in that position. Right, people will blame McDonald's for being fat. People will blame the government for being poor. People will blame the, the cigarettes, for the cancer, but they're the problem. So, for first, like you have to, if you want to be an entrepreneur, you want to be in that 1%, you want to be making millions of dollars a year, millions of dollars a day. You have to change your mindset and the words that you say to yourself. You need to start telling yourself that you're worthy. You need to start telling yourself that you're enough, right? Also, you need to change, like, your spending habits. When it comes to money. A lot of people have, like financial trauma, right? People will rather buy a $50,000 car and sleep in the car, then put that $50,000 within themselves and and invest in themselves. Right, you have to understand that if you want to be rich, if you want to get to the next level, if you want to get somewhere in life that now a lot of people could get to, you have to invest in yourself. You have to invest in assets and not liabilities. You have to invest in stuff that's gonna help you in the future. Right, I Seen people in college. Right, I talk about cars in the dorm rooms, like you'll see, like a lot of things. You'll see people. Five thousand dollars, sneaker collection, zero stocks, like that's. That's a backwards mentality. People's always the problem with people and the mindset is people always trying to impress the next person and the next man, and I feel like this happens a lot in the black community. We're always trying to impress the next person and then you do that, you do that for so long and then you realize, like yo, I have no money, I have no credit, my life, my life, is not where I wanted to be. I'm behind in life because you spent all that time. You basically spent all that time trying to impress other people. So, in terms of mindset, I believe you have to speak good things in your life. You have to. You have to Really change you for me and put yourself in those environments where millionaires and billionaires and higher cheevers are gonna be.

Speaker 3:

Yeah, no, you didn't, man, you dropped a lot I want to touch on the part where you said in college I'll people have a five thousand dollar you feel me? Sneaker collection and Not. I think the. I think the black Americans spend like A billion and dollars a year and shoot and I can design it alone or something like that. This Africa, what the exact number is, but the numbers crazy, like people are spending crazy money, bro, and it's like for me, it always amazed me because we got people in high school rocking V loan in the mirror. He's in freaking Christian Dior and and and Louis Vuitton and and Fendi and all the stuff and freaking. Why is that? Fair gamma belts and all that stuff. Fair gamma effects.

Speaker 1:

You have to. Why are they doing that?

Speaker 3:

though that you're living above your means for what you feel me, I still People are so worried about, if people are so worried about like they drip if I mean how they dress and how and not worried about Things that are actually gonna move them forward in life. And so it's like for me, it's like I understand, like People always say like, oh, you know, if I work hard for something, you know it's okay to treat myself. And it's like, no, it's not. It is. It is not okay to treat yourself if you don't got your priorities straight. Bro, I don't care how hard you work, don't treat yourself bro Until you got your priorities put together right. And then, whatever that may look like now, I'm not saying go invest in stocks. I'm not saying go invest in real estate. I'm not saying go and you feel me, whatever, whatever. But if you just worked the 80 hour week and you feel me, you just worked hard and you about to treat yourself, but you still only got a $500 freaking savings like account, it's like Treating yourself is making sure your, your emergency fund is, for me, put together. Treat yourself is making sure you got your credit right. Treat yourself is making sure that you stick into your budget like People need a redefine what, and I hate telling people what they need to do. But what I would recommend doing is I redefining. First, ask yourself why the things you find is treating yourself or treating yourself like for me. So I grew up in the in the church. I started going to church around third grade and I helped me Build up a lot of who I am. So, like in high school, like I was never into promiscuity, bro, I was never. It's still not to this day, bro. I was never into smoking. Like I never smoked. To this day I never did drugs. I ain't start drinking and I only drink like socially. I ain't start drinking till I was like almost 19 and I'm Dominican, bro. I could have started drinking out. I probably could have started drinking at third grade if I wanted to. Just growing up in a Dominican household, right, that's just culturally, that's the norm, bro. It's nothing bad about that. That's just what the norm is culturally. It's like and I grew up on a project, so it's like I knew all the people that was doing it. It's not like it was never there in my life. The opportunity was always there, but it's like For me it's one of those things was like, bro I, because I had a different belief system that I was founded on. Like I just viewed a lot of the vice of the world was like nah, like I'm good off of that. Like I was never into designer clothing, I'm yeah, if you see me on a day-to-day bro, I'm fine with it. Just a freakin, a plain white or black T bro. Some, some ripped jeans, you for me and then, like you for me, some like air forces. I'm good, bro, like I'll need to get some. You know designer anything and not say that as bad as like well, is your stuff in check before you start? You know Explosion on things that you don't necessarily need because, like what could? It's having money if it's not to me? Like to, you know, to Enjoy it right and to help others. A lot of people work hard and never get to enjoy life.

Speaker 1:

And next thing you know, yeah, exactly, and that's the things it's like they don't even have money, like you're trying to portray, that you actually have money but you don't.

Speaker 3:

Exactly, and I actually mosey was talking about it and he was like To to the people who actually are players in the game like all that stuff is. Like it's for the birds, bro. It's like people, people know, like the real, like, if I'm always he were to see you in that fair gamma, whatever, whatever. Like bro, he's making nine figures a year, bro, easy, and breaking rockin a tank top. Like he's. He's you, feel me, he's good and he doesn't have to impress anybody. Now. He could be dressing a little nicer. You could say that maybe he should be right, whatever, but he's, he got it popping and he knows that, bro. It's not about how you look, bro, it's about what you actually have going on, and a lot of people try to make it look like they have a Something going on instead of getting something going on and then figuring out the rest later. Right, and it's like, once you do have something going on, you want to splurge on some clothes. By all mean, get that five Downs out of singer collection, feel me. By all means, go, splurge out fair gamma or you leave a ton, but make sure your other stuff is situated first, right before you start doing that, because I think, I think I don't know If you know we're meat set, the but he talks about. Like, when it comes to budgeting, you should have like three categories that you spend on, and that's just. You. Like you know, you don't care so whether that's coffees or, you know, starbucks, lattes, whatever, whatever that maybe might be avocado toast, it might be designer shoes and might be, you know, animate collection, whatever it may be. Like, have areas in your life where you can enjoy your money, but then also have other areas in life for, like, you're making sure you're you're, you're good and your future is good. You have money to invest and grow and stuff like that, investing in yourself as well, before you start investing in materialistic things.

Speaker 1:

That's a fact. That's a fact and the thing is, I'm realizing to like a lot, of, a lot of people. Um, I saw this quote yesterday from this guy. Named him 500. His name is Marcus Barney. Like a credit, yeah he said something like Like you have to, it's okay to miss the wave to get to the ocean. I did not thought that was like wow, you for me, but go ahead with your saying, right, I know you're not that that's dope, no, that's dope, bro.

Speaker 3:

I never heard that one before. It's okay to miss the wave to get to the ocean. Everyone trying to be, you know, try to get on board, like we was trendy and stuff. Like it's okay to miss crypto, it's okay to miss NFTs, it's okay to miss, you feel me, all these little buzzwords, web 3, whatever, to get to where you need to get to, because there's always it talks about that and Richard's made a Babylon 2. I don't know if you read that book, but it talked about like one of the chapters was like how they went to a foreign village with some crystals and ended up getting a scam because the crystals were fake and it goes to show. Like when you try to get into, they get money rich quick and like the get rich quick schemes and stuff like that it's as fast as it goes. You know how fast it comes, as fast as it goes. And being okay with the With the journey, I feel, since like I mean, you were in college not that long ago, bro, so like once you started getting more and tomorrow into business, like where did that journey go? Did you finish college? Did you end up dropping out like me like where did your journey go from there?

Speaker 1:

So like I mean, I'm in college still like I was supposed to graduate last year by some problem of credits, so I'm taking my last class, I have two more credits and then I should be graduated this year. But yes, I'm finished college. But I realized that college for me was more like a networking place, more than like more than like Education, because a lot of people that go to college. Like they go to college just to show that they got the degree or they got forced by their parents to go, whatever it is, but like I think college for me was more of like a networking place. You have to College. I feel like it's a trap Sometimes, in some cases cause to be a trap for some people, because some people get to college, they finish and then they stop learning. You always have to be a student of life. You, for me, you always have to be a student of the game, like if you, if you have to really keep on studying your craft and keep on getting better Every single day. And I feel like people in college with college degrees like they feel so entitled, like they're looking my degree, look what I done, look what I did with it. They stop learning. You always have to constantly be learning and I feel like to. In college, I was in some entrepreneur classes where the teachers weren't even entrepreneurs. Teachers won't even teach me business for real. You, for me, I was making more money than some of my teachers. When my teachers will look at me and they would try to Like, like, downplay what I'm doing Right, they'll try to downplay like my success because, since I'm younger than them, since they feel like they're like People see that I'm young and then of course, they're gonna try to they downplay my success, downplay what I do, because they, because they're trying to put they're trying to put it's on the same level of life, and that's the thing I feel like a lot of people do. When you're, when you're on a different level than people, they really try to put labels on you. So they don't so they, so they feel like you guys could be at the same level. When it comes to like, when it comes to success is nobody wants to feel. Nobody wants to feel like they're missing out or they're not like you know, I'm saying yeah, no, I feel you.

Speaker 3:

I think for me For me personally, I haven't had that happened too too much. But in a certain situation, as this one time, this lady at church, like I, was huge, she wanted to get into but estate as an agent and she's working at a nursery or something like that or she's a nurse and she was asking me about velocity and then she's like, oh, that's amazing, she's mind you, she's looking up, like she's asked me for advice and like you know what my opinion on stuff was. And then literally same conversation. Then she asked me like, oh, so, like what happened with like the word you end up going to school and stuff like that? So I went to you con, you said, oh, when do you graduate? That's what I dropped out. And then all of a sudden, now she tried to tell me about what I should do with my life. Now I was like you was literally just asking me for advice on what you should do with yours and you two times my senior bro, and now, because I didn't graduate, now you're gonna try to have like, but it's for me it's like I seen something on my IG the other day and it was like the people Around you. The reason why people around you don't support you is because the version of you that they loved and grew to know is is dying off Right. But think about it like when you're changing right, when you're growing, when you start evolving like the old you was dying. You're, you know, you're turning into this new person, you're starting to learn more, you're starting to grow more, you're starting to get into new opportunities, that old you starting to die off. So it's the reason why a lot of people don't support is because, like the version of you that they did know, that they grew to love, that they grew Up with right is dying off right in front of their face and there's nothing they could do about it. You feel me and it's not because for ill cause, if they want to, you know Tight that back now I'm gonna say it not for ill cause sometimes, like it's not always because, like they want you to Pre-keep you down. You feel me not because they don't want you to grow, but it's also like, damn, the person they knew was you feel me no longer there. So of course it's gonna be tough for them as well. So now everyone I feel is like you know, I don't have like a pessimistic view where, like everyone's like that's not an entrepreneur, not on this journey is out to get me or hold me back. It's like sometime. It's like they doing it with good intent but like it's just not the best for me and where I'm going, you feel me.

Speaker 1:

That's a fact and I feel like there's a lot of people that there's too many reverse role models out here. There's people in your life that that you respect. But they're there, but you don't want to end up like them, like a lot of people yeah they say, look, I want to be a millionaire. And then they go to their parents for advice. And their parents were never millionaires, right? I feel, like you need, like there's a lot of like. You have to Find people, like role models in your life or people that you look up to, our mentors. So I feel like finding a mentor is like the fastest way to like, grow to or get to, like the way you're trying to get to, because because, mind you, if Some of our parents only made six figures, so that's the only thing that they could show us how to do. Like if your goal was to be a millionaire and your parents make six figures, your parents could only get you the six figures because that's what they did, right. So I feel like we need to watch out for reverse role models in our life. We need to find mentors. You need to find people that's going to basically uplift you and, like you said about the outgrown people, I Definitely agree with you in terms of outgrown people. There are some people that are still in that like. They're still in like that high school mindset. They're still in that oh, I gotta have fun minds. They're still in that like Not taking responsibilities mindset right, because, as a man, as like somebody that's someone that wants to be respected in the future, you need to make sure that you're handling your responsibility. The parties, the fun, all that's gonna be there, all that's still gonna be there. Like people try to make me feel bad. Like you said the woman, I said the woman, your church, try make you feel bad. Like people would try to make me feel bad for not going to the parties. Like days to come back from the parties in my dorm rooms at four in the morning and they used to come back and they used to find me still working. Don't down the why you're not going to those parties, down the why you're not coming. I had a million dollars on my mind. You feel me at doing those times. You, for me, like, even even even though my, my bank account was negative, I had credit cards that was maxed out. I saw millions at that time and I was like yo, I can't, I can't, I can't go party. Right now, you feel me I can't have fun because I can't even imagine, even though, even though, like, I don't recommend, I don't recommend being an experience anybody, I was in sleeping, like I was the type of person I was just on go and I was like yo, like I see, I see millions right now. Like, how can I, how can I stop you from. How can I, how can I let up you? For me, and those people like yo and I'm and people were wondering, like yo, donald, like how you, how are you able to get all this money? How are you able to run up 50,000? I mean, I'm almost made like like a hundred thousand dollars in a dorm room, right. But the problem with people is people love to tie my success from where they tie my success back to, like, let's say, my parents are like my situation. Like Donald, oh, you live in the suburbs. That's the reason that you're able to be successful. Oh, your parents make this amount of money. That's where you're able to be successful. But meanwhile you y'all didn't see the nights that I stayed up to get to where I got, to you for me, nobody saw those nights. Nobody saw when I didn't sleep like I, like it was so point, I don't even go to sleep now, right, I just fall asleep like I'm at the point right now. I just fall asleep like I'm working so much and there's videos and like pictures of me, just like passing out with my laptop Open from work and stuff for me because I'm going. I'm going hard type jump, going as hard as possible. So I can advice for somebody like Surround yourself with the right friends and the right people. If you even got to ask somebody like your boyfriend, your girlfriend, your best friends, if they believe in you, they probably don't believe in you, they probably don't believe in your dream, they probably don't believe in your vision. And you need to get away from those people. Right, because if you tell, if you tell a small minded person your dream Like they're not gonna understand it, they're not gonna, then they can't fathom it. Right, because God, if God put a dream in your head and you're trying to tell the next man that dream, they're probably gonna shoot it down. It's not gonna work. Like when I told, when I told my family member oh, um, yeah, I'm starting a vending machine business, I'm doing this. That was talking about Donald Colveys here, bro, they will my shut down. They gave me all types of all types of problems and all type of excuses, right, and that's why I tell people like, if you're trying to, when you're trying to get to like the next level of life, you're trying to get somewhere where, where, where not a lot of people are or none of you, nobody in your family, reach, you have to be able to be locked in and you have to be able to be focused like tunnel vision. You feel me.

Speaker 3:

No, 100%, bro. It reminds me of a quote man, it's uh, if you stick with something long enough, eventually determination starts to look like talent, and that's I quote I heard pretty recently, but it's something that that really just resonated with me while you were speaking. Man, it's just like. Man, where could we connect with you, donald? Where could we find you? I want to, like you know, learn this how to start making passive income. We want to learn more about your story, what you have going on this year. Man, like, where do we go to? Man, you could find me on.

Speaker 1:

I have a YouTube channel everything DSK you could find me out of all the gems, can I actually can actually get the money? I actually want to like talk about that too, because I don't want to leave without giving the gem and stuff. I can't tell people real quick just how to start a vending machine business or like start making. Like let me, I was gonna give like a little gem file before you know me 60 second gem, bro, six-six gem. So okay, so you want to start a vending machine business?

Speaker 3:

right. You want to make passive income.

Speaker 1:

You want to make an extra thousand miles a month, because a thousand knots can really change some people's life. Right. So to start a vending machine business right, because a thousand knots can really change some people's life. Right. So to start a vending machine business, the first thing you're gonna do is you're gonna you want to find a vending machine location. A location is basically where you're gonna put the vending machine. So you can find a vending machine location by asking your friends and family, you're asking your neighbors, you're asking different business owners around around your state, around your county, around your city. After you find, after you, you find a location, you go to facebook marketplace, off ruff in craigslist to find the vending machine. Right, you're looking for ap vending machines. You're looking for ap vending machines, royal vending machines, dixie, narco vending machines. Stay away from sega vending machines right. Once you find that vending machine, either facebook marketplace or you could go to like a vending machine warehouse. A warehouse is basically a, a place where they sell refurbished vending machines but they have like a warranty on top of their vending machines. So the warranty is basically going to help you. The warranty is going to give you it's more safer. Like facebook marketplace, off ruff in craigslist. You don't have a warranty. So you have to make sure that you test out these vending machines. To test out a vending machine, what you have to do is you have to make sure that accepts dollars, nickels, quarters, dimes, all types of payments. You want to make sure that the vending machine is mdb compatible. That means it could take car readers. If it's not mdb compatible, it cannot take a car reader. If it's a drink vending machine, you want to tell the owner 15 minutes before you get there to um to turn on the vending machine. So you, so you know that it gets cold. And you want to make sure for a snack vending machine, you test all the coils. So a1, b1, c1, d1, you want to make sure that all those coils spin. And then, after you do that, you move that vending machine to location. You fill it up, you go to Costco, bj sands, club, you go to these wholesale spots to find the the snacks Fill, collect, repeat, and that's how you start a vending machine. I just want to say that because I know some people's like all day. I want to start a vending machine business. So that's like. That's like the quick version of it, that's like the quick version of it, and.

Speaker 3:

And then there's the youtube to get the deeper version of all of it. And now it's time for our and now being a show Knows. For anyone that wants to go check that out for now, for anyone that, um, now it's time for our famous five questions, right, rapid fire around. Question number one what is the most impactful lesson you've learned in life?

Speaker 1:

Oh, oh, the. The most impactful lesson I learned in life was probably um learned to say no, because when you say, when you say yes to something, you're saying no to something else. So learn to say no in life. That's like the most impactful lesson I learned.

Speaker 3:

So what is the most admirable trait a person could have?

Speaker 1:

Oh, admirable trait. I would say what's the word Lord? What's that word? I would say the most admirable some trait is I don't know the word, but just to define it, it's like somebody that um, that their word means something. I don't know, I can't define the word right now, but it's like, whatever I say I'm gonna do. If I say I'm gonna show up, if I say I'm gonna do this, that is what's gonna happen. I don't know what the word, I don't know if it's lord T or I, just I forgot the word, just your name, just everything you say you know you're gonna do.

Speaker 3:

Okay, I forget the word too. Man, I'm like accountable I'm like I'm like.

Speaker 1:

I'm not a brain book integrity. Yeah, integrity yes, all right, yes, integrity, integrity yes.

Speaker 3:

All right, uh, if you had to change someone's life, but you only had one book to recommend, which one would it be?

Speaker 1:

Uh, the bible so many life lessons in the bible, so many life lessons.

Speaker 3:

What is the legacy that you're working on leaving behind?

Speaker 1:

Um, like, oof, I want to be able to, um, I just want to be able to help people. At the end of the day, I just want to be able to, um, like, just put on for my last name. I want to be able to Basically just give back to my community and just basically help my help, create generational wealth for my family in the future. That's like the legacy I want to leave behind. I want to leave behind that like nothing, nothing's impossible. Nothing's impossible with God, you know like. That's why I want to leave behind for my, for my family.

Speaker 3:

And for anyone that wants to embark on their walk to wealth today. What is the first step you recommend they take?

Speaker 1:

Change your mindset. Change your mindset, change your environment and I promise you you're gonna see a significant difference.

Speaker 3:

Amazing, I don't know that. Is it for an interview? Thanks again for hopping on my brother. Thanks again for dropping the knowledge. We definitely have to bring you back because I said we couldn't fit everything in one episode. But thanks, I just said thanks for hopping on.

Speaker 2:

You've now finished taking the first step. Now Let us help you take the next one. Subscribe to our newsletter at walk to wealthcom. That's walk the number two, wealth dot com, so we can keep you moving on your journey. We'll see you on the next episode of walk to wealth with John Mendez.