Full transcript of “Is LSSC Really a stable wealth growth opportunity?”. Click a timestamp to open the video at that moment. Need another video? Use the YouTube transcript generator.
0:00 So for questions beyond training, I encourage you to conduct your own independent research. You can always contact the Hong Kong consulate, the embassy, or simply go online using their business registration number and order a copy of the financials as well as a list of their directors. It's all there. It's all there, guys. I was just too cheap to purchase it. All right. So now, as always, before we jump in, let me check the room. I want to take a moment to give a special shout out to anyone joining us for the very first time today. Where are my day one people? If you are here for the very first time, I am super thrilled to have you here. Light up the chat with a day one for me so I can do a
0:46 quick shout out on a few of you wonderful people. All right, day one. I'm looking for my day one people. Day one only. Prima Das Prima. That's it. Prima, I'm learning. I'm learning. All right, let's see. We have Hey, Andy. Love and relax. Good to see you. one of my super seniors. Love to see you. Thank you so much for coming in. All right, let's see. Where are my day ones? No one else is starting today. Oh,
1:31 we have a Mecca. Welcome to day one. Congratulations for making it to day one. All right, here we go. Here are all the day one people. Uh, we have Cubic. We have Ozen. All right. Who's here for day one? Day one. Day one. Jacenta. Day one. [Applause] All right. And let's see. Anyone else? I am here. Day one. All right, LJ, thank you so much for joining us, guys. If you
2:18 are here for the very first time, it is a huge step forward. To all the new hires that's just stepping into the LSSC world, welcome to the movement. Whether you're just testing the waters or you are here with both feet in, let me say, you made a smart choice. You're not just joining a company. You are joining a mission, a global brand. And to some of the people who came before you, well, they are speeding down the road at 100 miles per hour and they're not looking back. They have made a success out of LSSC. And I want to do the same thing for you. I want to lay down the foundation today. And I'm going to help you build on that foundation. Now, if I'm talking too fast for you, there is a button in the bottom here somewhere that looks like a little cog.
3:04 You can click on that cog and then you can translate the um the the what is this thing called? live into your own language. Whatever language you speak, it should be there. Okay? And that will help you along. Now, for those of you who are brave to come back a second day, where are my day two people? I see Sarah. Day two. Who else is day two? Day two. Day two. Day two. Day two. Fost. Welcome back. [Applause] Jerry, day two. Julius, day two. France, day two. And finally, but not last and but and not last but not least, Susan. Welcome
3:49 back for day two. Guys, we want to do a quick shout out for those of you who are in the fan club. See, thank you so much for the super sticker. Daniela, thank you so much for the super chat and greetings uh from you to the country of Canada. Welcome here. You're you're visiting us from Canada. Richmond, thank you so much for the super chat. Daniela again. There we go. That's what we're looking for. Wrong button. Wrong button. Daniela, congratulations. This is your third super chat on a live stream. All right, guys. Let's go ahead and give a special shout out to those who are graduating today. My fifth day
4:36 graduates. Guys, I am super super happy that you are here. Um that you've made it all the way through boot camp and you're not just students anymore, right? A lot of you already have people under you and I'm super proud of you. Um that shows me that I did something right and you and you did learn something from me because now you're building a team. And as you start to build a team, I will show you how to make that team stronger and build faster and and better. What do you have to do to keep that up? Just stay tuned, watch the channel. We have so many things that are in store for you that's separate from LSSC, but all about LSSC. Now, let's go ahead and get started with our mission today. Our Where is it?
5:23 Here we go. All right, guys. Um, welcome to Wednesday. Earn money for helping someone. And the captains, I mean, the managers will be looking at your progress. So, you need to submit those summaries every single night after class. If you can't submit it, then the next thing you want to do is submit it the following day. Get counted. Do not try to put all of those in in one day. No one wants to sit there and read all of that. So, get it straight to the point um and we'll be okay. So, how should that summary look? The proper format for summary or submitting your summary is you want your name at the top of the page and what day you're on. Day one of two. Day two of two. Two of I'm sorry, day one of five, two of five, three of five. Your account number, the last five characters of your telephone
6:10 number. The instructor, who was your instructor? Was it Professor Eric or someone else? Make sure you know who your instructor was. Once again, my name is Professor Eric. E R I C. There's no K. We kicked that K over to key points. Five key points that you can bring out of the class that we learned today. Show them to me. put it up there in the in your summary. All right, day five graduates, you are required to do a video. Who was your instructor? Summarize what you've learned and list one point that you will never forget. Something that I taught you that's going to stick with you. And then last but not least, what are you determined to do? All right, let's look at an example of someone who did exactly that. And what I want you to do is tell me either while
6:57 you're listening or after you finish listening, what did you notice about her presentation, what stood out to you? Hello, my name is Priscilla. I live in Silver Spring, Maryland. My account number is 0078. This This is my day five. Um, my instructor's name is Professor Eric. In the five days, I've learned that the the more people you invite, the more you earn because team multiplication equals income multiplication. The other thing I learned is let your money work for you instead of working
7:44 for your money, which is a good point. And also I learned that success isn't about joining LSSC. But staying involved, staying involved, being active in it is what earns you better. So you put in effort so you can see better results. And also inviting people for dinner can help you build your team because when you invite them, you tell them about LLC and they will love it and then join. So one point I can never forget is letting my money work for me. That
8:31 was a great point. I can never forget that point and I'm determined to let that point work for me. making my money work for me instead of me working for my money. Thank you so much LSC for the opportunity. Okay. What did you notice about her presentation that you could actually put in your own presentation for your fifth day? Let's write letting your money work for you. Yeah, I said this a couple of months back and it stuck with her. So, those of you who are graduating, you're always welcome to come back to the class because you'll always learn something new. So, tonight we're going to talk about static income and dynamic income.
9:17 What's the difference? Well, static income is the income that you get from turning on your scooters. You rent your scooters, you turn them on, you collect your money, boom, you're done. It's a fixed rate. You get it every day as long as you own the scooters. Your dynamic income is obtained by inviting your friends to join and you make money in LSSC. So thereby receiving additional rewards. They pay for dinners, they pay for events, um they'll buy you a store and you're making all of this money from LSSC in com in in conjunction with your static income. So the fastest way to increase your income is obviously to build a team. Static income. A person earns a fixed income earning money for themselves. Just move your hand every day and you
10:02 earn an income easily. I didn't write that. At LSSC, you need to activate your device and the system will run automatically, provide you with a stable income every day. Now, those who you who don't know right now, this is a job. It's more than just pressing the button. And I know a lot of you have been lied to and you've been told that all you have to do is wake up and press the button and that's how easy it is. It's not true. It's like you still have to go to work. You still have to participate, right? You still need to tell people about LSSC. Um, you know, not necessarily recruit someone, but you want to share this information because that's why LSSC is hiring you as their brand ambassadors. Our job is to make sure that people know about LSSC.
10:50 At LSSC, you only need to activate your device, right? So, um, and then you earn a static income. So, take a look at, um, if you come in at A3, uh, the equipment price is $10,700. In one month, you're making $9,945. In one year, that's $86.5,000. An annual income up to $120,000. Somebody's math is off. I'm going to go back and redo that. Easy operation every day. The system automatically uh distributes income. Truly realize let the equipment make
11:36 money for you. Let the money work for you. All right, here we go. Make your money work for you, right? Not you work for the money. So, keep in mind this guys, you most of your inviters did not tell you this. When you turn on your scooters, they automatically turn off after 4 hours. You don't have to do anything special. They automatically turn off. So, with your static uh income, it is a stable income. So, click the button to activate the device every day. After it runs for 4 hours, it automatically turns off and you receive a daily income. Now, keep in mind the device needs to be replaced and maintained on weekends. So, it cannot be activated and no benefits can be obtained. Using multiple accounts on virtual numbers is prohibited. Once discovered, the account will be permanently disabled. So, don't do it.
12:22 Stop. Don't cheat. Find somebody in your household that can run the scooters. Okay. The device rental period is three years. After the three years, the device will automatically stop and expire. And to if you want to continue, just release your scooters. Just like if you were leasing a car for three years, you would renew the lease. I have some notes here. Here we go. All right. So, the real way to make money in LSSC is to prioritize upgrading your level to a more advantageous position. Make the right plan. Choose a long-term wealth strategy and don't focus on immediate profits. Let your money work for you rather than taking small amounts out daily and spending them. Instead, save it and upgrade. Now,
13:09 I'm going to tell you right now, that's what LSSC wants to do. But we all got into LSSC or at least 90% of us got into LSSC because we needed the extra income. And that's what it's there for. If you need to take that money out, take it out. Don't miss your car payment. Don't come short on your on your mortgage. Take that money out so that you can utilize that. Now imagine this. If you and your friend both lease lease a device, you choose, I don't know, let's say A2 and your friend chooses S1. uh both of you lease for the same three years but the earnings will definitely be differently and after one month your income is almost four times your friends so it's the same time the same effort but because of different choices the results are completely
13:55 different so LSSC encourages you to level all the way up LSSC is not a platform for shortterm quick profits but long-term stable wealth keep in mind okay that this is not a get-richqu company. They are here for the long run. Let your money work for you. Stop working for that money. We go to work every single day and we sweat and we slave for someone else, right? We need to take that money and turn it so that it creates income for us. Your device usage rights to last three years. How will you use those three years? If you withdraw earnings every month, you're going to get hit with a 20% withdrawal fee and that's going to take a significant portion of your earnings. Now, I don't care about that 20%. After
14:41 six weeks, I got my money back. So, the first thing I think is, well, I got 80% of my money. How many think think about this, right? A lot of you complain about that 20%. Oh my goodness, 20% is so much. Oh my gosh. Yeah, it is. It is. But you're getting 80% of something that you no longer have anymore, right? Because after 6 weeks, you've made your money back. You take that money out and you're still earning profits on your scooter. Now, think about this. If you were to go and buy stock in like, I don't know, Apple, right? And you put in $1,000 in Apple and you take all your money out of Apple, do you still make money? No. But LSSC says if you keep running with us, you keep jogging alongside of us on the
15:26 right, you know, and you keep working with LSSC, they're going to keep paying you. They're as long as you talk about LSSC, you do the dinners, you do go to the promotions, they're going to support you and they're going to continue to pay you beyond that six weeks when you make your money back. Something to think about. Your principal won't grow if you take your money out and the future profits won't increase. But like I said, if you need the money, take it out. You can only earn from your current device, missing out on higher level device profit opportunities, and that's only when they become available to you. So if you get all the way up to the 720 a day, that's the that's the furthest you can go until you build a team. So while you're building that up, go ahead and start building your team. So you know, once you get to that S1 uh level that you can go right into S2
16:13 making $1,500 a day. All right. Now, if you choose to use your earnings to upgrade your device, your daily in earnings will keep increasing and the future earnings will be far and future earnings will far exceed your current profits. When higher level devices become available, see that's the key word. when higher devices become available. You see, not all devices are available when you get to a certain level. So, they say when they are available. So, if you know you're still trying to build a team and you haven't hit that uh level five captain yet, then cut yourself a check every week. Slow down on what
17:00 you're doing. If you're not getting benefits with the job that you're getting now, then think about doing this full-time. That's what LSSC wants us to do this as a career. So, prioritize upgrading your income to the highest level that you can get to. Now, dynamic income, that's the big money. Invite five people, earn an extra $1,000. Help others, you get more rewards. Grow your team, you get a bigger paycheck. The correct way to make money, passive income is your core source of earnings. We know that. Now, if you've reached A2 level and it's recommended to upgrade to A3 or A sorry, we can actually get to S1 now all the way up to S1 as soon as possible. Sorry, the gnats are attacking me. I'm
17:46 so sweet. The real way to make money in LSSC is to prioritize upgrading your levels. Okay, so here we go. First team building bonus. Invite a total of five people. Right, so here you are at the top and you tell five of your friends. LSSC says, "Hey, look, not only we're going to pay you $154 minimum from each person that comes in at $960, we're going to give you $1,000 just for doing so." Now, if you do that at a level two, you're going to earn an additional 2,000. As you can see, it goes up. A3 5,000 S1 10,000. Invite five A3 or A1 members for the very first time. You'll get an additional $1,000. And something that I don't see here, you also get a $100 for forming your team. If you invite five members of A2 level
18:33 or above, your reward will double or even increase 10fold. So, not only will you level up to a management level faster, but you can also earn thousands of dollars in a matter of a couple of weeks. I said all of this. Okay, let's move on. Oops. So if you invite five people promote, you get promoted to LSSC manager and you unlock um advanced benefits plus fixed salary. You get more opportunities. Five people are the starting point of the income leap. The sooner you complete it, the sooner you will be ahead. Set your goals now and take actions immediately from a sharer to a leader. From earning a little to earning more. So basically this is this
19:21 is what I do. Um I get my team to work for me. I build a team and all I do is I take the lead in the meetings. I take the lead in gatherings and I let them do all the hard work. I say, "Hey, what's going on with your level four? They're not doing anything. We need to get them to five people." Get them to five people. Then I go on the other side of my team and do the same thing. And guess what? Then you level up to a supervisor and supervisor to manager or what they use now is level one management, level two management. If you keep an eye on your team, all you have to do is manage the people below. So you can level up. There's no work involved. You don't have to go out and talk to anybody or or bring people in
20:07 because your team is doing it for you. And all you're doing is supporting your team. Guys, I need you to think about this strategically. Just think about this strategically. This is how you get your money to work for you, right? By encouraging other people to become captains. Everyone in LSSE wants to become a captain. While you're sitting there managing managing your team, your whole purpose is to encourage your team. And when you encourage them to become supervisors, looking at how much money that they can make in a short period of time, that encourages them to build, right? And that's what you want because it's a benefit for everyone. Now, you may have someone that you bump into and you told them about LSSC and you really need one more person in your L4 so you can become
20:52 a level four manager. It makes more sense to give that person that you met up and put it on your L4 because now this is what happened to me the other day. My L4 became captain, which made my uh L3 become a level two captain, which made my level one, three, two, yeah, whatever. L1 become a level three captain and then that promoted everybody up the line. And it was it was awesome. And that's what you want to do. You want to know who's on your team. Don't just let them build build and you have all these people under you. Build strategically. If you invite your friends today and you you earn a little bonus, but if you directly
21:39 target five people, not only will the bonus double, but you can also enter a core of the platform that most people don't take advantage of. You get to earn a higher yield um account because you're continuously upgrading and your and your your people are continuously upgrading. I said all of that. Why is it there? Uh, successfully help one L1 member to get promoted to level one manager, you earn $500. Successfully help five L1 members, you get promoted to level one manager, you earn $5,000 cash. Let me read that again. Successfully help five L1 members get promoted to level one. Five L1s
22:24 to level one. Somebody owes me $5,000. When you help others succeed, you succeed even more. That's the true value of a manager building a team and creating income. I think they're trying to say if I have five captains under me, I'm supposed to get $5,000. That's what I'm getting from this. This is my vibe from this. Let's let's let's see. Let's let's move on. Help five people get promoted to L1 additional $5,000. Help person get promoted to L1 immediately reward. Help one person get promoted. That says the same thing. Help five people. Are they taking the five and multiplying it by five and getting that wouldn't work either. Yeah. So that would be five captains. Hey, somebody owes me money. Uh the
23:10 simplest and most effective market development mechanism. Five people form a group. Each person brings in five and the income will automatically increase and the team will naturally expand. The more you copy, the faster you get rewards and the more stable your promotion will be. Remind me guys to go after that $5,000. I got some words for them. So listen here. Here's the thing. There's something that I say all the time and my catchphrase which I came up just accidentally but now it's become a thing. Um team duplication equals income multiplication. As you are building a team, you're increasing your income.
23:57 And that's what you want to do because like I said, your team is going to do all the work for you. They're going to do all the work for you. And wouldn't you like that? Wouldn't you like to do less and just collect the money? Of course, that's what you want to do. All right, let's do a couple of quick shoutouts here. I see some people have been active in the fan club over here. Let's go over to the fan club and we have quite a few shout outs here. Uh we're going to go down to uh Raymond, thank you so much for the super chat. Rrista, thank you so much for the super sticker. Jay Cross coming in in seventh place over here. Thank you so much for the
24:42 super sticker. Marsha, Marsha, Marsha, I'm so excited for you to be here, too. Day three for you. Congratulations. I haven't bored you to death yet, huh? Thank you so much. Okay. And as we're going down here, we see Alfred. Alfred, congratulations on your first super chat on a live stream. Yes, sir. Thank you so much. Kelly, thank you so much for the super chat. Michael, thank you so much for the super sticker. Jay Cross, thank you so much. My brother, thank you so much. I appreciate the super chat. And John Kennedy, thank you so much for the super chat. Day three of five.
25:30 Lillian still hanging in there with us. Lillian, thank you so much for the super sticker. Guys, show these guys some likes. hit those like buttons for them because that really adds up for their popularity on YouTube, right? When they go to other people's channels and support them. Josanna, thank you so much for the super sticker. Guys, I'd like to take um a moment right now and give a special person a shout out. And that special person is Casey. I just want to take a moment uh to give her a huge shout out. Casey, you're such a spe special person. I can't tell you how much it means to me that you left home to support your sister on this incredible LSSC journey. Your dedication, your love, and support
26:16 makes all the difference and I'm so grateful for both of you. Uh, sending you so much appreciation and a huge smile. Thank you for being so amazing and I hope this message conveys how much I care about you. Guys, I want to do a special shout out to Casey. So, please in the chat, show her some love on my behalf. Thank you very much. All right, getting back to the lesson. LSSC's dynamic referral commission rewards for inviting newcomers. Now, check this out. If you invite someone that's a B3, right? Shout out to Casey with a K. Shout out to Casey with a K. There you go, guys. Thank you so much. Show her
27:03 some love. You guys love me, you're going to love her. She's amazing. All right, B3960 16%. That's what the profit that you're going to get. You're going to get $153 just for registering someone at I'm sorry, just for signing someone up at B3. All right. And if you do the same thing at A1, you get 20%. You're going to get $436. And at A2, you're going to get $996. And as you can see, the money keeps stacking. And that's what we want, right? That's the That's the income. Yep. That's how we do it. Someone called you KK. Casey, shout out to Casey. Thank you guys. I really appreciate you uh doing that for me. Casey is just an amazing person. Love her to death. Thank you so much for
27:48 supporting your your little sister. So, this can can be start over. Uh this can be compared to planting a money tree. I didn't write this. If you water it daily, this is your static income. And if you plant more trees, that's your dynamic income. Your grow, you grow your earnings. All right, guys. I'm going to put it to you in a way that makes much more sense. More team members equals more success for everyone. All right, I'm not done. I'm not done. Just wait. So, here you are building your team. And because teamwork makes the dream work, right? work together, everyone makes more money. But why does teamwork matter? Picture this. If you
28:34 were building a castle and laying down one brick at a time, it could take a very long time, right? And it may even take forever for you to reach your goal. But if you invite your friends to help and maybe your family, you got a couple of lazy family members, but if you invite them and they help too, then you can build that house, that castle faster. And see, that's what it takes to build a castle. Now, I have one question to ask all of you right now by the show of a fire icon or the letter F in the chat. Who in this room is ready to build their castle of success? who is ready to earn and learn and burn that cash like it's nothing, right?
29:20 We're going to make some money. We're going to stack some dough. All I want you guys to know is that this is possible with LSSC. So, I want to see who is on going to be on fire when they graduate. Who's going to be on fire in the next three days from LSSC? When are you going to start building your team? When are you going to start stacking those bricks? It's all about teamwork, guys. We can do it together. So, let me see in the chat who is ready to make that type of money with LSSC. I want to see fire icons. Fire and the letter F. Right? If you can't find the fire icon, light it up with the letter F. That's what I'm talking about. Look at these guys. They are ready. They are ready to earn. They are ready to learn. That's what I'm talking about, guys. That's what we want. We want that energy. We
30:05 want that motivation. We want that money. If LSSC is going to give us this type of money, we're going to take every dime they're going to give us. We're going to get out of that paycheck to paycheck, right? We're going to get out of that debt that we've collected. Even though we're still making a large sum of money, we may still have debt. And that's okay because we are on all on the same level. We all start at the same place. If you're wealthy, if you are struggling, we all start at 70 points. We all start at no members under us. So, we're going to build on that. So, that's what I want you guys to do. I want you to guys to think about stacking those bricks, right? And I'm not talking about the bricks of the castle anymore. I'm talking about the bricks of money. That's what I'm talking about. All right, guys. Let's go ahead and move on. Rewards and promotions. All right,
30:51 so earning a bonus for helping others. Level up to earn monthly salaries. Get prizes, cash, and even cars for being a top leader. Right. Why is my stomach in the picture? All right, there we go. The more you help, the higher you climb. My My camera is on another level. Who's ready to lead and take charge? I think all of you are ready to lead and take charge. I believe that. And when you do, I want you to give me a shout out. I want you to come back on my channel. I want you to tell me that you are a level five manager, a level three manager. I've had so many people leave this class on the third, not leave the class, but in their third day, they're already a second level captain. They have used what I told them. It has sunk in. They started thinking differently. this. You got to change your mindset when it comes
31:38 to LSSC. You can't think of you first. You like, let me tell you, there's a family on one of my L1's teams all the way down to my L4s. There's a husband and there's a wife. The wife has three people and the husband has two people. Now, you're saying to yourself, okay, so this one needs two and this one needs three. Why? Why do they need two and three? You're on the same team, right? So take the you should have took the two that your person needed and put the two under the three and now that person's a captain and then you go back and help that other person become a captain. We cannot be selfish in this. We have to change our mindset otherwise we we we have to refocus, right? Just like a through a camera lens. Sometimes you you're trying to focus further out
32:25 and you get to that digital zoom and you can't see. It's blurry and the camera's shaking, right? But if you pull back and you take a a a a take a look at the full picture, right, you know later on that you can go into Photoshop and zoom in and not lose the clarity that you once had before the digital zoom. So that's what we need to do. We need to rethink this. We need to refocus. Now, here are some really cool guys that have been awarded cars. Um I what I really like is this guy on the right. Profit of the day, $3,600. Um, total profit is uh almost $300,000. And this is a old picture, so I'm pretty sure he's way way out there now. His cashable profits, the money he could
33:11 take out is close to 19,000. His team size is almost 7,000. Like I said, this is an old picture. It's been circulating now for over four months. But one of the things I want to tell you about this picture, I like this picture because he didn't go out and buy a Cadillac. He didn't go out and buy a Lamborghini. He didn't go out and buy, you know, a top, you know, top brand car. He bought a Hyundai. He bought a Hyundai. But the Hyundai is fully loaded, right? You get all the luxury of a luxury car for a third of the price. And that's brilliant because now his money is working for him. He still looks nice in the car, right? It's still a brand new car. He's he's thinking about it
33:57 strategically, changing the mindset. Yeah, I get it. We all we all of us always wanted a a Rolls-Royce, but you'll those those days will come, right? When you start taking money out every week, I want you to build that money. I want you to stack that money and then make sensible decisions, right? That that's how you manage business. And some of us when we get money, we don't know what to do with money. You know, it it becomes um we're going to talk about that in a second. I'm going to tell you what someone called it. Now, one of the things I like about this too, LSSC pays for everything. They pay for your title, your tax, um the the car, everything. You roll off that lot without spending a dime more than what the car and everything else cost. When you win a car in a game show, do you know a lot of people cannot take
34:43 that car home? The car is free. The car is absolutely free. You won that car. But the problem is people can't pay the taxes or the processing fee, right? So, they end up losing the car. They have to turn the car back into the to the to the the the thing the the game show, you know? So, that kind of sucks, right? You know, it it [Applause] who wants to give a car back, but LSSC says, "We're going to pay for everything." That's how that's how awesome this company is. All right, here we go. We're going to change the mindset again, right? All right. Here's Robert, the author of um Rich Dad Poor Dad. He
35:28 says, "The poor and the middle class work for money. The rich have their money work for them. Amazing. That's because they have to have something called a compound interest mindset. True winners have a compound interest mindset. So unfortunately here is the mindset of the poor and we're going to compare that to the rich mindset. The poor says earn today, spend it and start from zero tomorrow. Always stuck in the cycle of earning and spending. Now some of us have to spend everything we have, right? We we have to try to make things work. But there are things that we can do. We can put 10% away, right? That's a lot, you know, over a period of time that that stacks, but you won't miss it if you just tell
36:14 them to put it in another account, right? You have them direct deposit into another account. The rich mindset, earn today, make the money work for you, accumulate every day, and achieve financial freedom in the future. So, it's almost like playing a game of chess, right? You can move, you can make that move right then and there, or you can plan the next three moves out. So, that's what the rich, that's what the rich mindset is. The rich mindset says, I'm not going to look at today. I'm going to look at the next day and the next day. If I'm if I know I'm not promised tomorrow, but if I
37:00 Sorry, I was reading something that somebody wrote in the chat. Um the you know if you if tomorrow's not promised to us, right? We still have to plan for tomorrow. We still have to know what we're going to wear, know what we're going to eat, right? When we got to go to the gas station, you know, in the next couple of days. So think about the future, but don't focus on the future, right? That's what we want to do. Real winners all have compound interest thinking. They know start short-term satisfaction is the thinking of the poor, right? Earn today, spend it today, start from zero tomorrow, right? You get your paycheck on the first and by the fifth your paycheck is gone. You're like, "Oh my goodness, what I'm going to do for the next 10 days?" You know, you have uh more month than you have money.
37:49 Letting money make money is the logic of the rich. Right? But you have to have money to make money. I get it. Right? But once you get this money from LSSC, use it. Now, don't put all your eggs in one basket. I'm all about LSSC. I love LS. I love all the different tracks, but I'm also a business person, so I'm going to invest in other things as well. Now, they may shut me down for saying that, but I'm not stupid. My mama didn't raise no dummy. In LSSC, every upgrade opens a bigger window of profit for you. Don't use the small amount of money you make every day to block your future wealth. So, build up to that 720. Take out money when you need to, but build up to that 720 and get involved with the other tracks, the LTE, the LSSB, and the LNC.
38:38 If you're on Kevin's team and you don't know what that is, guys, hit me up in um on Instagram and I will put you with the right person that will teach you about those other streams of income. LSSC's earning core summary, static income versus dynamic income. Static income, that's what we earn from our scooters fixed. Dynamic income, it's what we blow up when we, you know, bring our friends and our family in. and upgrading equipment. S1 earns more money. Upgrade to S1 level and double your income. I mean, you can triple your income. The sooner you upgrade, the sooner you can enjoy higher income. And trust me, guys, the money is there for the taking. Invite friends to earn higher rewards. Invite one person,
39:23 get rewarded immediately. Invite five people, get rewarded, and an extra $1,000 to $10,000 reward. Promotions to managers enjoy higher salaries and more benefits. Every successful person starts by inviting five people. And right now, when you invite five people and you become a level one captain, LSSC will give you an additional $5,000 um August 1st. That's the challenge right for right now. You become a a a captain, they're going to give you $5,000. And in fact, let me tell you, let me see if I still have it on my screen because I was looking at this. Now, no one's going to show you this, right? This is what level one managers are getting is dividends, right? August 1, it pays out dividends. Level one
40:08 manager, 5,000. You become a level two manager, they're going to give you an additional 10,000, 25,000, 50,000, and 20 grams of gold. Gold now trades for $120 per gram. And they're going to pay 5% of your expenditures. 5% is a lot. If you're if if you're spending $100,000 a year, right, and they're going to take five% of that off of you, that's fantastic. Now, as you see, as you go up in level management, they know you're making more money, so they want to help you, and these are the steps. This is what they're what they're offering. I mean, you get down to level seven manager, they're going to buy you a starter apartment. That's going to be my Airbnb. Uh, Tel Tesla Model 3, rent
40:55 it. Toro, 20% subsidy. I don't know what I'd use that for, but sure, maybe pay my taxes. Or level eight manager right now. I'm getting $800,000, 80 gram of gold. I'm not going to use that Mercedes-Benz. That's going to go on Toro and a townhouse. That is going to be my Airbnb. You get it, guys? You get it? Change the mindset. Yeah, this is great. This is great things to have, but we don't need them. You know what? What if you don't want a Mercedes-Benz? You know, of course you can get something else, but we we we just got to we got to think differently. Just think differently. You know, there's a guy out um on Delansancy Street and he says that he loves when people get their check or they get their uh tax return because
41:40 they have something called liquid money. And I was like, "What the heck is liquid money?" Well, picture this. Picture you h having a handful of water and you walk from one side of the room to the other. What what's going to happen, right? Eventually that water is going to slip through your fingers. And when that happens, you're losing the contents. And that's what happens to some of us when we get money. We're like, "Oh man, I'm going to go ahead and put 93 octane in my car. I'm going to treat her good today. I'm going to take my friends out. You know what? I just got my refund check. All right, everybody lunches on me. You know, this is the first time I got $10,000 back. When was the last time you saw a rich person do that or somebody who's wealthy? They just don't.
42:28 So, food for thought, guys. Now, we're going to do a quick um run through of Kraken, how to buy and transfer cryptocurrency. Uh we're going to talk about one type of currency. We're going to talk about USDC. It's a stable coin. Um, it's backed up by the Federal Reserve. So, you get, if you buy a dollar, you get a dollar. Um, why use it? Because my bank understands what it is. If I transfer um guys, we have 6,000 people online right now. 6,100. Can you guys hit that like button for me? I know I'm entertaining and I know you just kind of staring at me right now like, what is going on? But hit that like button for me. I'd appreciate it. And if you like and subscribe, you'll know when I do a live. Um, I'm adding more videos for my Latin
43:13 people out there. We will be adding Latin classes to the YouTube channel. So, and little things and excerpts. If you want to teach someone about LSSC, man, just just wait. This week is going to be phenomenal. And if you like that idea, guys, give me a thumbs up. So when my when I take that money out of LSSC and it goes into my Coinbase account and then I deposit it into my bank, I don't have to change it USDC to USDC to my bank. My bank says, "Oh, I know what that is." Because it's backed up by the Federal Reserve. So creating a Kraken account, if you don't have one, is very simple. You go to kraken.com or you download the app.
44:00 You click and decide if this is for a registered business or personal use. You enter your email and location. You click I agree. So simple. You just follow the steps. Why am I training you on this? Just follow the steps. Activate your account. Go to your email and verify your account. Enter the code and arrive at the dashboard. So you see the dashboard. Now I'm going to show you um you can add your bank account. Thank you, Kraken. And add a payment card or deposit cash. You can also do a wire transfer as well. So, we're going to take a look at a quick video on depositing USDC um in Kraken. With the dropown menu, typing us. How to deposit US dollars on Kraken. Funding
44:45 your Kraken account is a simple process. On the homepage, simply click transfer. Then, make sure you're clicked on the deposit tab here. Next, select US dollars with the drop-own menu typing USD. then select US dollars. You'll then need to select a deposit method. The quickest way to deposit cash to Kraken is by linking your bank account using Plaid. It has no fees and the cash arrives in your account almost instantly. Click add new account. You'll then be prompted to connect your Kraken account to your bank account using Plaid. When ready, click continue. Next, select your bank from the list of those that are supported. You can use the search field here. You'll then be prompted with some instructions. After you click continue, you'll be taken to your bank's login. Then follow the prompts. They will vary depending on
45:31 which bank account you're connecting to Kraken. Once your account is authenticated, you'll see your bank account listed here, and it's possible to add multiple bank accounts. Next, enter the amount you want to deposit. Take note of the deposit limits and fees, and when ready, click deposit funds. You can then view the details of the deposit before you confirm it. After the deposit is successfully initiated, the AC deposit will be in your account in a number of minutes. If you prefer to send a regular wire transfer to Kraken, this is also possible. Simply click on the deposit method and select wire transfer. Kraken charges no fees for wire deposits, but check with your bank if it charges fees. The bank details here are where you need to send the funds from your bank account. Use your online banking to transfer the money. And be sure to copy the details from
46:16 your account, not the details in this video. Most importantly, be sure to add the unique reference listed in your account when sending any wire deposit. Keep in mind that the account number listed here is for US dollars only. Attempting to send any other currencies to this account number is not possible. And before sending funds from your bank, be sure to check you haven't exceeded your account's daily or monthly deposit limits. And finally, money sent from another person's bank account cannot be credited. Check that the name listed in your bank account is the same as the name listed in your Kraken account. In the top right of the screen, you can find settings. Here, you can confirm the legal name of your personal or business account. If you have any questions about making a US dollar deposit, reach out to our support team. We'll be happy to help you.
47:04 All right. So, now we're going to learn how to buy USDC on Kraken. It's very simple. You can always go back and look at this video as well. Here's how to buy USDT on Kraken app. Open up your app and go to explore. Write down USDT here. Select buy. Write down the amount that you need. For example, $2,500. Then you can select the order type. like buy now, recurring or a custom. Then select the payment method. Either you could pay it by card, you have to
47:51 write down your card details, or you could do it by the deposit method. Select any crypto that you have. Then select its network. Here you will have the barcode. You could either use the barcode method or you could use the address and that's it. That's how you could buy USDT on Kraken. Very very simple. That was less than what was like a minute and 7 seconds. So we over complicate things sometimes. And keep in mind guys, if for some reason your payment is delayed, don't panic. As long as you use the right network, then
48:38 your money will be there. You can always trace it, look at the transactions, USDC, you can watch it go from one server to another, and then if it's delayed, please go back and verify you have it on the right network. So, my final tips in summary, when it comes to using you um using a wallet or an exchange, make sure you always verify the wallet address before sending USDC. Choose the right network so you don't lose your money. Ask me how I know. So sure of myself. And don't do your first trade by yourself. If you're buying crypto or you're sending crypto, you know, get get somebody to help you. And it doesn't matter which exchange you're using. If you're using Coinbase, if you're using Kraken, if you're using Trustwallet, if you're using Crypto.com,
49:26 if you're using uh MetaMask, it doesn't matter. Whatever you like to use, you can use as long as it's supported by LSSC. And if you're using USDT or USDC, then it's supported on the Polygon network. Those of you who live in New York, you probably have to use Ethereum um because you can't use Polygon in New York. So, use security features like two-factor authentication. Be mindful of transaction fees before transferring large amounts. And guys, look, I teach this class. I really enjoy um giving you the foundation needed. So, if you do um get in or get stuck with Kraken, I I have no don't mind at all. You can actually pick up the phone and call Kraken because it's not my app. All right, guys. I'm your professor Eric for
50:12 the evening. Thank you so much for joining us. Um and I look forward to seeing all of you this week. Somebody said emotional damage because they said thought I said you can call me. I think I have a button for that. emotional damage. Love it. All right, guys. Have a good one and I will see you tomorrow. Same bat time, same bat channel.