Daymond John

You write off a certain amount, right?

Because the government incentivized you to do that.

Because the government incentivizes you to do that.

So again, what are you doing it actually for?

So, again, what are you doing it actually for?

What is your money actually?

What is your money actually?

It's my money, homie.

It's my money, homie.

Like, how's my money working for me?

Like, how's my money working for me?

The idea of a generational wealth is that you have this business, right?

The idea of a generational wealth is that you have this business.

whatever it is, you put away money as much as you can.

Whatever it is.

You put away money as much as you can.

First of all, the first thing to do is you try to take advantage of the legal tax codes so that, first of all, you don't pay as much in taxes because the government themselves say foundations,

First of all, the first thing to do is you try to take advantage of the legal tax codes so that, first of all, you don't pay as much in taxes because the government themselves say...

Foundations.

I'll give you an example.