Stories Behind The Success Podcast/ The CJ Moneyway Show

Excuse me. What's up, my good people? Welcome to the CJ Moneyway Show, in association with Believe Network, the podcast that brings you stories behind the success. You know how we do. We bring you the real game, real knowledge, and real conversation to help you level up life and business. Today we're talking about financial freedom, not just making money, but learning how to keep it, multiply it, and make it work for you., and we got the perfect guest to break it all down. Joining me today is Herman Dochi, AKA the Haitian CEO, accredited business funding expert, speaker, and financial educator. He's the founder of Bella Salon, Sloan, Sloan Enterprises, where he's helped thousands of people secure funding, fix their credit, and build multiple businesses. If you're ever, if you've ever struggled with business, wanted to start a business but didn't know how to get funded, or just wanted to get smarter with your money, this episode is for you. Let's get it in. What's up, Her, man? Welcome to the show, CJ.

Thank you, thank you for having me, bro. I'm absolutely honored that you have trusted me to talk to your people and your listeners. This means a lot to me, man. I'm feeling good today. How about you?

Oh man, I'm feeling good, man. I thank you for coming on, man, and give us some of your wisdom and understanding on this game, man. On this game. So So, so, so, her, man, let's start from the beginning, man. What made you realize that working for someone wasn't the route for you?

Oh man, so that's a, that's a short story long, but I'm gonna try to keep it tight, right? So, um, maybe like 8 years ago, bro, my wife got pregnant with our first daughter, Bella Sloan, which I named my company after. And we went on something that's called a babymoon. That's when you take that last trip before your life changes, right? And We went to Italy, bro, for like 10 days. Amazing trip. My, um, my, my, my wife know how to put trips together for the low, so it was, it was cheap. It was not as— it wasn't a flex like you think it is, right? So we go there for 10 days, and while I was there, bro, when I got back, I used all my vacation time, so I didn't have any time to spend with my daughter when she was, when she was born. Like, I couldn't help out or anything like that. I had to work. And then my brother was like, listen, unless you own your own, you'll never be free. Right? So he was like, that credit thing that you was— that you do before it got all crazy on the internet— because I used to help people with their credit all the time, write the letters before, um, it got really popular. He's like, you should start charging people for that. And I was like, no, like, people really need that stuff. Like, I don't want to charge. Like, I just give people the game. He's like, listen— there's a second bar he told me. He was like, if they're— they're going to pay somebody, they might as well pay you. So literally, bro, I went and got my LLC. Started the business. I, I called 10 friends and family. I was like, listen, let me fix your credit for free so I could post the results online. And that's where my brand came from, Success Has Receipts, because the scammers everywhere, but if you have the receipts, it's what's up. So I fixed 10 people credit for free, started posting the results, and that was the birth of, um, Bella Stone Enterprises, getting the receipts. And then I started— I have to learn more about myself in the business. That's when I started learning about more about funding and business funding. And I came back and told my folk about business funding, and it's been crazy ever since.

Man, that sounds, that sounds incredible. I know what you mean, you know, like they only give— now they give brothers time off, uh, I never really heard of that until I started working at this gig, man. They give us maternity leave now, you know what I'm saying? Yeah, they do women. I'm like, I never heard of that before.

Never heard of it.

Yeah, yeah, yeah. And, uh, but yeah, man, that's cool, man, how you got started off and everything, man. So I'm glad you taking your knowledge, man, and helping some of our people out, man. And I'm listening, I'm all ears because I need some of this game too, especially, you know, with a small business trying to start off, man. Funding is the most important thing, especially when it's coming out of your pocket. So let me ask you, uh, Heron, man, most people, uh, think of credit as a bad thing, something that holds them back, but you teach people that credit is an asset. Can you break that down for us?

Absolutely. Financial literacy is part of the game. When I started learning and teaching people about credit, about funding, I realized that, oh, I gotta teach this too, because I, I gotta break this down even more to give you a good answer, bro. There's financial prey and there's financial predators, right? So the prey, the eagles, right? Um, and then there's financial pre— um, financial predators, which are the eagles, and then mice, which are the prey. They, they, they eat us up because we don't have this information. So they had a 400-year head start understanding money, understanding credit, right? Understanding how to leverage it to make money, right? So we didn't get that information. So once I got that information, like, oh, credit was taught to us like it's a bad thing because what we do with credit, we go buy Louis Vuitton, we go buy laptops, we go buy sneakers, we go buy flat-screen TVs every Black Friday. But the other side of intelligence and understanding money, they take credit, they go buy businesses, they invest in real estate, and that makes them money. Because two people can have $0. You give one person $10,000 in credit, another person $10,000 in credit. The uneducated person, that's the prey. They're gonna go spend it on nonsense. Somebody else is gonna take that same $10,000, use it as a down payment for a duplex, a triplex,, and now they're cash flowing $500 a month, paying off the credit card, but still they're able to live for free, and the tenant upstairs is paying the mortgage. So it can be a double-edged sword, CJ, but if you use it correctly, it's a powerful tool.

And you know what, I like the way you brought— broke that down too, because man, I'mma be honest with you, and like I guess I said in the beginning, we keep it real low here. Yeah, you know how you in high school, meaning in college, and they send you all these, uh, credit cards and everything or whatever? And you know, like, I'm a little older. I don't know how you— I don't know how old you are, Heron, but I'm 51.

Uh-huh.

And growing up in my family, you know, no pun to my mother and father, but that wasn't a big thing that was taught in the household about credit, you know. And so it was funny when you say we go out and we buy sneakers, because that was the first thing I did when I got one of them credit cards when I was at, uh, at Vincennes. Was bought me a pair of them white, and that's when them powder blue Jordans was out. That was my first pair of Jordans that I ever had. But here's the moral of the story behind that. Like I said, I'm 51. I was 18 then. That messed my credit up. I didn't think about it, you know, like, let the bill go. That messed my credit. I, I'm just not finally getting into where my credit is in the high 600s now. My, my credit for— I'm talking decades— was terrible. I was scared to look at it till my mother told me one day, she was like, just look at it and see. Then I start building on it, you know what I'm saying? Whatever, whatever. So yeah, I agree with you, man, that it can put us in the hole. And sometimes we don't know how far or how long just that one credit card and that one little move can put you, you know what I'm saying, in debt for for a long time, man. But I'm liking what you said. Take that money and go out there and buy you a duplex.

And yeah, money—

let money make money.

Changes the game. And that's the narrative I'm trying to put in our community right now, because everybody was scared of credit. They were putting their cash in the mattress, not in the banks, not starting relationship with the banks, not using credit to make money. So that's my goal right now, is to teach people that game, because that's a simple game they've been playing. And they've been doing it longer, so they have more wealth than we do. That's my goal is to reverse the game right now.

I feel you, man. I feel you. So let me ask you this question. I think I jumped over this the first time. So when you went from working a job, becoming a multi-business mogul, what was the biggest mindset shift that helped you make that leap?

Ooh, I started to understand the value of my time. So I bought a house probably like 10 years ago, right? And I got my first 6-figure job, right? It was the— it's the American dream. My parents are from Haiti and they were like, oh, you made it, you made your first 6 figures a year. I was making $125,000 a year. I bought a house in the suburbs in Philly and I was looking at my future next-door neighbor. He was mowing his lawn and then I was like, hey, I'm thinking about this house. How long does it take you to mow your lawn? He was like, uh, 3 to 4 hours front and back. I was like, damn, right? I was like, a lot of time. And he's doing that every Saturday in the spring and every other Saturday in the summer. Now, by this point, I had a couple of properties anyway, so I called up my guys like, listen, I'm thinking about this house. How much are you going to charge me to mow the lawn? He's like, oh, you've been with me forever, Mr. Dulce, $25. To mow the lawn. So he got that big machine, so whoop whoop, he's done in 30 minutes. So I'm worth more than $25 for 3 hours. I'm worth more than that. So I started to value my time more and I started to start thinking differently about that because then I was like, okay, if I work 40, 50 hours a week, they're going to give me $100,000. Now, to answer your question too, bro, I started hanging out. I have this thing called Audit Your Circle. I started hanging out with different people and they're making $100,000 a month, right? So once you see that, you can't unsee it. And then I saw, I was like, so I just gotta maximize what my, what my time is worth. And that's when I started to figure out I gotta do a service-based business, I gotta start a business, because then I could start to maximize what my value was. So then I remember when I made, uh, $100,000 in 3 months with my business, that's when I quit my full-time job. I was like, oh, I don't have to work all year to make $100,000. I could just work 90 days. And all you do is just compound it. All you do is just do, do it over and over again. Rich people ain't got no secret sauce, bro. They just do the same thing over and over again, you know.

And, and I like that too, man. One thing that I say about people, uh, when I talk to people, man, I use Shaq as an example because one of my thing— my father just tells somebody this the other day— money makes money. At the end of the day, and I look at Shaq and I say him by example because of his portfolio, man. Just the things that he out there doing, you know, uh, Five Guys restaurants and, you know, just all this stuff that he got going on. But money makes money though. Once you start getting into something, then you just can branch off into other things, as y'all, uh, rich people like to say, man. Uh, what'd you say? Uh, uh, uh, stream, uh, uh, uh, income, extra, uh, streaming income or whatever.

Multiple stream of incomes. Yep.

So I love it, man. I love it. I can't wait till I get to that level, man.

You know what I'm saying?

I was just sitting here last night working on something, and that was my main thing, just what you were saying. I want to spend more time with my family. And I was— I saw my little son, he was sleeping, and I been— like I said, I've been working on something. He was sleeping, and I'm like, man, I'm F to get to the point where I'm F to put all this stuff together So I don't have to miss nothing, you know what I'm saying? I'm gonna be missing the basketball games or nothing. Just put it all together, man. So I'm listening to you, bro. Trust me, I'm listening, man. I hope everybody else listening to you too.

Me too.

So let me ask you, um, uh, Herman, man, what's one mistake people make when trying to get business funding?

The one mistake that they do— there's a couple, but I'll talk about the main one. The main one, because you have to think like banks do. Let's assume for business funding, you guys understand that you have to have an LLC, you have to have that piece of paper. You're getting the funding in your business's name, not your personal name, right? So there's Herman Dulce and then there's Bellasone Enterprises. I go to American Express, Chase, I'm like, hey, I need money in my business name because that, that credit card, that debt doesn't show up on my credit report. So, you know, on your personal side, you max out the credit card, your score drops. Not on the business side, it doesn't drop because they can't see it., right? So when I'm applying for these business credit cards, they— there's one thing where people mess up. They say, oh, I'm the, um, owner of the business. They ask you, what are you? Me, I don't tell people that. I don't tell the banks that. I tell them I'm the CEO. I'll tell them I'm the president. I tell them I'm the vice president. Why? Because presidents, vice presidents, CEOs, they get a check every week. They get paid. Owners don't get paid. They get paid after everyone else. So you have to think like the banks do. They're like, oh, you're the owner? That means if the business don't make money, you don't make money. Right? So you won't be able to pay the credit card debt off. But because me, I wrote CEO, President, Vice President, they're like, oh, Herman most likely gets a check every week, so if something happens, he's able to pay the credit card payment. So that one little thing makes a difference in the amount of credit card limit that you do get.

I like that, I like that.

Little tip right there.

Yeah, yeah, you know what I'm saying? So let me ask you another one, man. One of the biggest challenges for new entrepreneurs, as we was talking about getting funding. Um, so what's the best way for someone to secure business funding even if they're just starting out?

So this— a lot of my new clients or mentees that come to me, they're just starting out, and that's okay. They have no revenue for their business. So here's how you get money. You need to have good credit, right? So like I was giving you an example earlier, Herman— the bank knows Herman, Chase knows Herman because I have a relationship with them. I put my deposits in there. They don't know Bella Sloan Enterprises. So what do I do? I co-sign, or what we call in the business world, we personally guarantee the business. So they're going to be like, all right, Herm, you know Bella Sloan? Yeah, I know Bella Sloan. Bella Sloan only 6 months old, a year old, it's a baby. It's not really making any revenue, but you could look at my credit. You see I have a 700 credit score. You see that I've had a couple of credit cards in my life. I've never been late on them. The limits are high, right? I got like a $5,000, $10,000 credit card. They're 3, 4 years old. All right, Herm, we see how you have been responsible with your personal credit. We're gonna allow you to get money in your business name. We'll give you a $20,000, $25,000, $30,000 credit card. So now that I've done that with one bank, guess what I do next, CJ? I go to another bank, get another $10,000, $20,000, $30,000. Go to a third bank, get another $10,000, $30,000. This is how when I post online, yo, I got my client $50,000, $60,000, they say, how's that possible? I know how to go to different banks, give the same script, even though this is a startup company, because me or my client got good credit. We can get this capital to start the business.

So, so, so let me ask you, man. So once somebody, let's say if they secure the funds, you know, or whatever, what's the best way to use it wisely?

Oh, that's a great question. Even this question should be asked, bro, before they get the funds, because you want to have a business plan and a model. I'm gonna give you another long version of a short answer, right? A good friend of mine, Storm Leroy, who's my mentor, he was like, your job should be your first business partner. What he means by that is, say for instance, I make $1,000 a week, right? I pay the rent, pay the utilities, whatever I got left, that $100, $200 a week, that should be the first capital that I use for my t-shirt business, my cleaning business, my car wash business, whatever. I bought the supplies, I do what I need to do, and I flip it. So say for instance, I buy t-shirts, I buy $200 worth of t-shirts, I sell them for $400, I'm up. I do that over and over and over again, and I perfect it, I get good at it. I turn that $2,000 into $1,000. Now I'm really good at it. Now that you're good at it, now you're going to go to Bank of America, Wells Fargo, American Express. Those are your second business partners because you already maxed out on your personal. Be like, if I know how to flip $200 into $400, imagine if I got a $10,000 credit card, $20,000 credit card, because I have a business plan, I know how to do it. Now that I get that funding, it's basically gasoline on what I already know how to do. I don't want to give you $10,000 and then you're going to ask me what's next. That's crazy. You should know what's next by the time you got the capital.

I like that. I like that response. So it's one thing to make money, Herm. It's another thing to keep it and build generational wealth, which seems like you, you're in the process of doing.

100%.

What's the key to creating long-term financial security, bro?

Uh, a team, to be honest with you, bro. I got to a certain level where I had to have a tax— not a tax person, right? Not an H&R Block, none of that TurboTax stuff online. No, a real CPA, a tax professional. Hey, I made half a million dollars this year. How do I keep most of it? Because W-2 people, if you made half a million dollars a year, the government already took it out before they gave you your money. They don't trust you. They took 30% out. They took 40% out. Me, I'm selling a product online. I get the half a million up front. Now my job is to keep as much of it as possible. So I got a CPA that's going to tell me, hey Herm, remember when you bought— when you put gas in your car? Remember when you paid your employees? Remember when you went on that business trip? Remember when you took your family to Disney World but you still went on Instagram Live and did work? That's all a write-off. So instead of paying half a million— instead of paying, um, $100,000, $200,000 in taxes, I'm only paying $50,000 in taxes. Because I have a business, I learned to write things off. Not only that, bro, when I get the cash flow in, I understand that it's super dope. This is a wealth strategy for me to have my own nonprofit. So I have a nonprofit called Bella Sloan Foundation where we do financial literacy for kids under 18, right? We give them the books, the workbooks, we teach in the schools, right? But I donated some of my profits to that charity. I donate like $20,000. Guess what? Now I'm paying $20,000 less in taxes, right? Or I'm using some of that money to put in life insurance policies or buy real estate, things that are going to make me money. So now again, I'm paying less and less in taxes. But I only know this, bro, because I got a team. I have a tax strategist, I have a CPA, right, that tells me, all right, Hermie, made half a million. All right, I need you to put 10 here, 20 here, 30 here, 40 here. Now you're not going to pay any taxes. I'm like, oh great. And in the same time I'm not paying taxes, I bought a couple of real estate properties that's making me more money. I only know that because I have an amazing team. So having a team to tell you what to do with the money once you get it is super important.

Yeah, that's cool, you know. And I believe everything you say. Excuse me, I believe everything you say because I just interviewed a guy named Charles, uh, last week. And you know, he on the same level you on doing the same thing that you do. And he said, man, I don't get mad because the rich people don't, uh, pay taxes. He said it's the loophole. He said everybody can do it.

Everybody can do it.

Everybody can do it, you know. He say if you learn the game, learn how to play the game, talk just like what you said, and then play it like they play it, they not doing nothing no differently than we doing it, you know what I'm saying. He say You can play the same game that they play, but you gotta have the instruc— the instructions to play the game. But like you say, they far ahead of us in this game and we just now, some of us just now catching on and picking up to certain things, man.

And I love it.

And, and I love the fact what you doing, man, as you say, with your foundation and everything. So let me ask you this question. You've mentored over 1,500 students in financial literacy.

Yep.

What's the most important lesson you teach?

Oh, the most important lesson. Oh, you're gonna, you're gonna make this hard for me. Um, I think, I think it would have to be budgeting. I think that's where it starts first, understanding what comes in, what goes out, invest and save the difference. Um, because I realized, some bro, if I'm trying to teach you how to start an LLC, trying to teach you how to get into real estate, try to teach you how to get your trust, how to get your nonprofit You can't hear me. You know why? Because you're trying to buy eggs. You're trying to pay down your credit card. You can't hear it. You can't understand that wealth talk. Yeah, yeah, Herm, that sounds good. That's wonderful. I know I got to get there, but I made $1,000 this week and the bills is $1,200. So me teaching people how to budget what's coming in first, delete what's not necessary, having those conversations, they can hear what I'm saying later because now they have capital, they're able to breathe. Right? They're not working 50 hours a week anymore. Like, somebody came to me, and I gave them the strategy where they was like, yo, how can I make more money? And my thing is already just go start a business and buy something, sell something, right? Buy low, sell high. I was like, you work W-2? He's like, yeah. We were taught with financial literacy on our taxes when we first get a job to get as much deductions as possible, like max it out so that at the end of the year in January, we get a $5,000, $6,000 check, right? We hype, we excited, and everybody balling out on Instagram for 3 months. They in Cabo, they doing pop and bottle, right, bro? But here's what I'm teaching them different, and it's February, so it's early enough for your listeners to follow this trick. I was like, this is how you make more money without getting a second job. When you were taught by your parents who weren't financially literate to put— to give the government— you basically, um, gave the government all those deductions. You gave Uncle Sam $1,000, $1,500 for 12 months for free. It was— they were basically a bank account and they just gave you the money back in January. You didn't all of a sudden just get $5,000, $6,000. So now you gotta flip it. No government. I want all my money that I work 40 hours a week for. So that extra $1,500, $1,000, you're getting that in your paycheck every single month now. But I know what you're saying. All right, Herm, but in January I might owe money. No, you won't. That's why you need a tax professional. I don't want to owe nothing in January. They don't need to owe me nothing. But I got my $1,000, my $500 every single month extra. Now you take that $500, that $1,000, you pay off your credit card debt, you invest in your 401k, you invest in your business, and you start your business, right? So that's how I teach people. That's how you pay off your debt, or that's how you make extra money, because you're giving money away right now and you don't even know it.

These some nuggets right here. I hope y'all paying attention to this, man. My man Herm out here, uh, spit some nuggets out, man. So Herm, man, we almost at the end, man, or what? Now I only got a few more questions for you.

Talk to me.

You've already helped thousands of people fix their credit and secure funding. What's next for you? Do you have any new, uh, big projects coming up, my man?

100%, bro. It's funny you say that. Literally yesterday I got off a plane. I was in Birmingham, Alabama. With about 300 of my mentees, um, me and my, my good friend Charles Noonan. He brought down a lot of his mentees, brought down a couple of mine. And what we're doing is what— we're buying land in Alabama, Birmingham, Alabama. They have these things called land banks where literally, bro, it's this property that's just sitting there, empty lots. You could buy them for $500, $200, $1,000, buy them for the low. And what we're doing is we're going to be developing that land. So like 300 people went out there, about 150 bought— people bought the land. So now we're going to do our own community. Right? So Charles, he got a construction company. We're going to build, um, 3-bedroom, 2-bathroom homes on there. And then, um, we're gonna do it as a community. We already talked to Section 8. We already talked to the VA department. So we get the veterans in there. We're going to do group homes. So we already know the rental income is going to be there when we develop the land. So that's the big project that I'm doing now, is going really heavy into real estate. Because number one, I pay less in taxes because I invested the money in real estate. And I'm increasing my net worth because now I'm buying something for $1,000, but when the house is all fixed up, it's going to be worth $175,000, $200,000. And these are the things that I tell people right now. I am building, I'm planting seeds for fruit I will never see. This house, the income that's coming from it, those are for my kids, those are for my grandkids. Like, I live comfortable now. I got a house now, my bills are paid, I'm comfortable. I'm building something for later on right now. So my mind is 10, 15, 20 years ahead of me right now, man.

I feel you, man. And you know what, it's funny that you said planting seeds because I got a podcast that I started in January that is called Planting Seeds with CJ. I love it. That's what I'm doing, you know what I'm saying? Because at the end of the day, that's all we— that's all we do, you know, whether you teaching financial literacy or whatever. We just plant seeds because it ain't no guarantee that a person gonna take what you say But right, my job is— and what your job, what you're doing is— all I can do is give it to you. It's up to you to do what I get, you know what I'm saying? At the end of the day, man. So we all just plant seeds. But I like that though, because it's a— it ain't for, you know, everything that I do, man. A lot of things that I do, just like what you say, I, I'm not looking and doing it for myself, man. You know, I want to do stuff for my family so they can be be set, you know what I'm saying? My kids, you know what I'm saying, or whatever, whatever, so they don't have to go through some of the, you know, challenges or whatever that, that we may have to face coming along the way. That's, that's what a parent is, you know. You try to pave a better way for the ones coming behind you, same way that our parents did for us, man.

So 1,000%.

So let me— so, um, let me ask you real quick, uh, Her, man, where can people connect with you and learn more about your programs, man?

Man, I love to teach this all day, every day. As you can see, I'm really passionate about it. They can find me, they can find me on Instagram, they can find me on TikTok, they can find me on Twitter. My handle is Haitian, H-A-I-T-I-A-N, Haitian_CEO. And they can also find me on, um, YouTube under Bella Sloan Enterprises on YouTube, where I teach how to fix your credit, how to get funding, what banks to go to. Those, those, those Classes are like an hour, 2 hours long, because I want to give as much information as possible. And if they want to tap into my mentorship, Bellasone Academy, it's subscription-based, is only $50 a month. We meet every single Wednesday night. Tap in. We have an amazing community of thousands of people that, that we learn together as a unit, we move together as a unit, we invest together as a unit.

Well, you gotta follow ahead, man. Matter of fact, now that I think about it, man, I was on there a couple months ago because I was, you know, looking real estate, how people doing real estate. And you like, everybody I'm getting on here now say real estate is the game to get in right now.

Game to get in.

That's the game to get in. And so I think I saw you on YouTube once before. Now, now that I'm talking to you, I saw— because you talking about the banks and stuff, you know what I'm saying?

Exactly.

Everybody tell you how to do this, and he's like, but I'm finna give you the game. Like, hey, I remember you now, now that I I'm listening to you. I remember you, man. I remember you now. I'm glad to hear— hey, quick fire round, man, then we gonna wrap this up.

Mhm.

What book— what's one book that changed your mindset about money?

Rich Dad Poor Dad, um, by Robert Kiyosaki. Um, it teaches you, um, the four quadrants of money. It teaches you about death and taxes. Um, amazing book for anybody to start. It's an easy rook. Easy book to read, Rich Dad Poor Dad.

Everybody say that book. Now I'm gonna read that, but I never read it, but a lot of people talk about that and Chicken Noodle Soup. And, uh, if you come back, if you can come back and give your 20-year-old self financial advice, what would it be?

Oh, I would have told my 20-year-old self to start, um, working on my credit sooner, um, because right now I teach at Temple University, which is my alma mater. I've done a couple of classes for them online where I show those 18-year-olds how to be worth a quarter of a million dollars by the time they graduate college at 21, just 4 years later. Show them how to get their credit together, start the LLC, how to get a duplex where they would live for free, but— and they live at— and they live for free because the person at the top is, um, is paying the rent. I show them how to do that in just 4 years. So I wish I would have started my journey sooner.

That's, that's a good That's a good plan. What's the best investment you ever made?

This is going to sound cheesy. The best investment I ever made was in my brain, in myself. So I got myself a mentor about real estate, a mentor about business, how to run a business, start a business. So I pay for those mentorship classes, and the, the return on investment is infinite. No shade to college. I gave Temple University and Lincoln University $85,000, $90,000 The most I ever made was $55,000 a year. I paid my mentors probably $10 grand, and I've made a million dollars already. So investing in my mind and learning things from people who are actually successful and be where I want to be, that's where you should invest that money, in myself. And I learned at their feet.

I like that. So what's a financial habit everyone should adopt?

A financial habit everyone should adopt is Um, having relationships with different lenders is a good one, especially when you're trying to get business funding. So banks right now are relationship-based. So if both of us got 800 credit and then we go into Bank of America and then we apply for a credit card, you're going to get 10, I'm going to get 20. You know why? Because I knew the hack of I'm going to open up a bank account with Bank of America first. I'm going to make a deposit every single week, whether it's $100. I'm going to make a deposit. I'm going to start a relationship with them first because when you start a relationship with them first, they're more likely to give you more money in funding.

Yeah, that's a good one. Okay, so if you could teach one financial lesson in every school, what would it be?

The financial lesson I would teach in every school is kind of what we talked about earlier with our, um, with the financial literacy, is teaching kids how to budget. If you teach kids how to budget early, they would have those habits for the rest of their lives. Because right now, even as adults, when we were 18, when we were 16 and we got our first paycheck for $100, what's the first thing we did? We went out and bought Jordans. We didn't understand just because we made $100— you didn't make $100, you gotta give 10% to charity, you got to give 10% to, um, to your investing, another 10% to savings, live off the 70% and not live off the whole $100.

I like that, man. Man, it's been one of the most valuable conversations I've had on the show, man, about financial literacy and wealth building, man. So to the audience, if you're serious about fixing your credit, securing business funding, and building wealth, listen to my man Herman Dochie, man. Hey, check him out. You're gonna have his, uh, the links and everything gonna be at in the show notes. Hey, any, any last thing you'd like to say, man, before we get out of here?

I want all your people, all your listeners to audit their circle, man. Anybody that's not around, that's around you today where you want to be in 10 years, it's time to tap in and have a different type of conversation. CJ, man, I'm honored to have been on the pod today.

It really means a lot No, man, I'm honored to have a millionaire on my show.

Thank you, bro.

That don't happen every day. Hey, but before we get out of here, Herd, man, we gotta be inappropriate, man. Go ahead and show them the jacket, bro.

Oh, they gotta see the jacket, bro. Eagles, you know what I'm saying? The Kansas City Chiefs, y'all's going for the 3P, but we was like, we like these nuts on them. It ain't happening.

Hey, hey, hey, am I in my, uh, Snoop Dogg voice? Hey, you have been listening to the CJ Moneyway Show with your boy CJ Moneyway and the financial, uh, Mungu, my man Herman Dochie. Hey, until next time, we out of here. Peace.