The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
Like, you know, hey, we have a $100,000 budget or a $200,000 budget.
The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
How do you guide them to figure out what the heck they're supposed to be doing?
The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
So someone like a brand like Vogue magazine, they can choose from a lot of studios all over Los Angeles.
The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
Why do they keep coming back to you over and over, over the years?
The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
Oh, we're sorry that they didn't show up today, but here's your invoice for the day.
The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
You still got to owe us $45,000.
The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
So as you're building up over the years, first there was the one main building over here, and then there's a second building and a third building.
The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
I think we're number three or number four buildings that you have here.
The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
When did you decide, you know what, I'm going to start expanding to more buildings?
The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
So the cannabis brand, the clothing brand, are all the same names or these different brands?
The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
Walk us through the different brands.
The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
LVMH?
The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
Yeah.
The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
So there are thousands and thousands and thousands of cannabis brands.
The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
There are thousands and thousands of kids' clothing brands.
The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
How do you stand out from these competitors?
The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
You need it to be durable.
The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
federally legal has been on everyone's minds, do you think it's actually approaching?
The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
All right, so the investing side of the podcast, I like to understand the evolution.
The Money Mondays
From the Bronx to Building an Empire: Vince Ricci on Business, Investing & Giving Back ๐ฐ E166
You start to start, you know, you were making money, then you started building businesses, and now you've got this brand, this brand, this brand.