Transcription
What’s up, Trap? What’s up to the squad? Um, I’ll be really quick. My question is for you, Trap. Knowing what you know now, with all of the information that you have, if you had to start over from scratch—and I mean from zero, zero dollars, zero resources—what would you do and how long do you think it would take you to get back to a million? I'm interested. Let me know.
M, that’s good. Shor, I appreciate that. Queen right there, that’s my Walking Dead partner right there, you hear? She went through 11 seasons with me. Hear me?
Um, so y’all know I feel like anybody could be a millionaire in five to seven years. I truly believe that with the market. If I had to start from scratch with where I'm at, I would probably go back to iron working right quick, right? 'Cause I know with iron working I would sacrifice, you know, I would sacrifice maybe a year to go work 6 tens. I know I could go make about 150,000. I'll go back to the air mattress and ask my daughter, “Mama, to hold me down,” okay? You know what I'm saying? And let me grind it out.
I would take that first year to just get my bread up under me. I wouldn't be under no nothing; I wouldn't be chasing nothing. I’d take the first year to just get the bread up under me. I know I could probably save about anywhere between $60,000 in that first year just living like that.
Um, and then from there, you know the goal with me will start, you know, play the game, like I said, start with one contract, um, and then work. Um, with that 60 grand, everything for me is going heavy into the market. Um, everything for me will be going heavy into the market with that 60 grand. I know if I could get 100, I know I can at least go put 40, 50 grand up, save work, doing iron work. It’s a skill that I’ll never lose.
Um, I would take and go heavy into the game. Um, I would go from one contract. I would play that one contract, um, until I can get to two. I will play that contract from two until I can get to four. The difference also with me is, because I know what I know, you say start from scratch, but not leaving the information that I have, so the information doesn’t change, right?
Um, I would go back there and I would go start with one contract. I would actually start off trading ETFs first because I could get more bang for my buck and it would be more risk averse for me. I wouldn’t go bang out with individual stocks out the gate; I would go the ETF way first.
Um, and I would do that. Um, I would probably go ETF and one individual stock, and I would just rock that out for the next year, so that’s two years under my belt. In two years I can probably make at least about three to four trades, just playing a game like that. Um, but I would still be working because that doesn’t require me to stop working, especially the way I'm playing the game, right?
Especially with doing iron work, I know I get a 9:00 break, I know I get a 12:00 break, I know I get a 2:00 break. I'm making a play in one of them breaks for sure, you know what I'm saying? The information doesn’t change, and I would just play that. I would play that iron work for a year, year and a half; I would work that.
Um, and if I had to go longer than a year and a half, I would keep using that until I was able to get myself up to five to 10 contracts. Once I got to five to 10 contracts, I know one thing: it’s a game changer for me, 'cause now I'm printing money at a rapid pace. Once I get the 10 contracts, I'm printing thousands of dollars. I'm not just printing, you know, $100 here. I'm printing thousands of dollars.
Now I'm taking all that, I'm just keeping that rotation. I'm sleeping on the air mattress; I'm still doing iron work. I'm tripping. Once I get a year, a year and a half in, um, once I can get the 10 contracts, I'll stop doing iron work. And the reason why I stop doing iron work is because I'll also have some money liquid to the side. From there, I'll build out a business, you know what I'm saying, because I still know what I know.
I'll build out a business. Um, I would definitely try—the first business I would try to do is build out some type of digital content, digital product business, and a YouTube business. I would be building out my digital product, I will be pushing the YouTube. I will build a YouTube around what I'm doing in the stock market, how I'm going to the—how I'm working and feeding the stock market because everybody wants to know how to do that. People think they got to quit their job, so I would literally document me working.
I would put a GoPro on while I'm at work, um, while I'm bridging, while I'm doing what I got to do. I would literally document my whole process on working and then making time for the market. And because that would give me a great—you know, that would give me a great YouTube channel because people would see me working, and then people would see me studying. People would see me executing plays. People would see me working, people see me studying; people would see me executing plays.
I would build a YouTube channel out around that. I would build a social media out around that because I would call myself the working Trapper. That’s what I would call myself, the working Trapper. And what I would do is show people the balance between that.
I would get this YouTube start generating money for me. Once the YouTube can start generating $1,000 or $2,000 a month, I’ve now made another income for myself. Now because I'm sleeping on an air mattress, of course I don’t care. I'm living—what kind of— I'm sleeping on the air mattress; I’m good. So now that the YouTube money can at least pay my rent, you feel what I'm saying?
So the $2,000 from YouTube can pay my rent because the job is taking care of my investment. So if I got the YouTube paying my rent, I can get to YouTube to $2,000 a month. YouTube can pay my rent; I can now—I can—every time I sell one contract, I'm good. Now, my money for my contracts, I would go profit, and then I would go a little bit; a quarter of that will go to my living expenses. But I've already been doing it for 18 months.
But then for 18 months, I’m also putting at least 10% of my check; I’m putting it to save so I can be liquid. So now that I’m liquid and I can create the YouTube for the year, doing that for 18 months, I know I can build that YouTube channel out working. Shoot, it ain’t nothing for me to keep going.
I play the game now, and I know within seven years I can be a millionaire at least. At least I can cut that down. In five years I can be a millionaire all over again because now that I know, now I can start trying. I can get branding deals; I could do so much with this YouTube channel.
Um, and building that social media, it would be dope. I learn how to speak; people gonna want me to speak now because I’m working and trapping. Now I can do entrepreneurship things. I can go into entrepreneurship as a speaker for maybe $3,000 or $5,000, and we’re saying that because I'm not the Wall Street Trader—just as a regular person, I will go in and be like, "Yo, I'm speaking for $5,000." If it’s just me, Trap, I’m going to speak for $10,000, 'cause now I can talk to y'all about how I lost it all and got it back, you know what I’m saying?
So now I can speak for $10,000, and now I can talk to the everyday person. Now look, I had it all and lost it, and I got it right back in four years. Here’s how I did it. Here’s the blueprint. That alone will make me a millionaire all over again, you know why? Because everybody working, people look at me now and feel like I can’t be Trap.
But if I lost it all, knock on wood, we hoping it don’t happen, praying that it don’t happen. A millionaire told me this the other day: he said, “At this point in your life, if you go broke, it’s a choice.” Crazy when he told me that. He said, “At this point in your life, if you go broke, it’s a choice, 'cause you did all the wrong things that you wasn’t supposed to do.”
But let’s say God had said, “You know what, Trap? I want you to start all over again.” Remember, the market is never wrong; the market is never wrong. So I would now speak from the perspective of somebody who had it all, lost it all, and got it right back by doing what? Now I'm charging $10,000 to speak. Now I’m working, doing iron work, doing that again, and I got to deal with the ridicule—people saying, “How you lost it?” and all that. But guess what? I ain't tripping on that.
Right? I'mma build it all over again, and then I think that’s a great way to build it. So I would still do speaking because that don’t require enough for me to master my craft. I would create digital products on blueprints on how to leave your job, how to trade, how to invest while working a 9 to 5 or working turnaround job. That’s a whole bridge right there.
Then while I’m working a 9 to 5, while I’m working a job, I would go to the job, and I would say to everybody on the job, “My ebook that I wrote on how to work and invest while you’re working these jobs, how you don’t need your…” 'Cause the information ain’t never leave me.
So now everybody in the iron working gang, guess what they trying to do? They trying to get the hell off the iron working job because they’re trying to work in 610. So guess who going to show them how to do that? Me! I'm going to show them how the full-on can work in their favor.
I'mma show them how that Pension Plan works in their favor. I'mma show them how to invest their own money, and because I done lost it all now, I’m gonna do something that I wouldn’t do now, but I would do it then. I would tell them I would make the investment for them and they give me a percent every month.
I would play the game how I go. I'm in a grind mode. I'm in grind mode. So look, bro, you got $1,000; you got to pay me $100 for every $1,000 you invest. I got you. I’mma monitor it for you. I'mma do it for you. I'mma show you how to do it. I’ll get me like 10, 15 people like that; I done created a whole new source of revenue.
Guess what? Because I don’t got to have it on paper, they can’t sue me or nothing like that—they don’t know what they doing, you know what I’m saying? So I would use that to my advantage. Remember, I’m going to just keep it hunting with you, but somebody don’t know what they doing, you got the information to teach them something, right?
If I'm on a job with them, I’m about to hit them. “Hey, bro, for every $1,000 you invest, give me $100. I’m going to structure that whole portfolio for you, and every six months you give me another—you know, every six months, boom boom, I’mma charge you a fee to look at the portfolio for you. And guess what? I guarantee I’mma outperform that God-dog-on portfolio thing you got.
And once I get two of them under my belt, that’s going to speed the process up a little bit more 'cause everybody on the job going to be like, “Bro, you the one helping dudes with their portfolio? You the one helping dudes with their portfolio?” I sure am. I sure the hell am. So every hundred—every thousand they invest, I want a hundred.
And I can’t say I can't do it now because of who I am, but if I had to start all over again, that’s a quick—especially once I get a couple people to do it, done deal. Then if I show them people how to play the options game, too, I got the information. I show them what I’m doing.
Bro, take a part of your check, do this. This—all you want me to do this for you too? Guess what? For every $1,000, for every $100, for every 10% of something you get, I want a percentage of the profit come straight out your check. We G to sign. I mean you can’t lose; I got the information.
You said I had to start from scratch, but you ain’t never said the information was gone. You ain’t do it, Men in Black; you ain’t do it, Men in Black. I forgot what the hell I know. You know what I’m saying?
So I would—uh, I’m confident in that, and I wouldn’t have no pride on going back to work. I'm going to put my pride to the side 'cause I got a dog I got to feed, so I'm going to go sleep on the air mattress. I'mma sell everything; jewelry gotta go, you know what I’m saying? Gotta go.
Which I don’t got that much, but I got two Rolexes; I got a chain— that’s easy G to put me over. That’s going to put me close to half, you know what I’m saying? That’s going to put me close. Both the R’s 80 a piece; the chain was 80. That’s a quarter; I'm good. That’s a quarter; I’m good. I'm backing the game, you hear me?
I'm back in the game. Bentley gotta go; I'm going to get a Cherokee, you feel me? Bentley gotta go; I'm going to get a Cherokee. I ain't tripping. I'm going to put liability on it. I ain't going full coverage. Who it? I'm going liability. I'm going to pay for it cash and go liability, you know what I'm saying?
So that’s why I tell y’all about the information. Once you get the information, you can lose it all, but the information don’t change. Now you gotta learn how to execute, you know what I’m saying? So, yep, that’s—that’s what I would do.
Now, what I would do now—what I would do—I think the problem be when people got to start from scratch, they be having pride. “I’m not going to work no job.” Sh, boy, I know I got a career; I can go get 100 grand a year for sure. I can go get 100. Now my endurance going to bust my ass in the beginning 'cause I ain’t did that much climbing and, you know, connecting.
“Oh, you a whole crane operator? Boy, you tripping.” Boy, I would go if you know I put in that situation, I’m going to go back to—that’s better than me going back to the street, you know what I’m saying? 'Cause I know I got a whole clientele of people on the job that’s tweaking to get off the job, and I got the right information to get them about the job.