Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
So it's actually very surprising when I started this two and a half years ago where I was just like, yo, you don't got a rep?
Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
You don't even know how much you're paying?
Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
He's just like, okay, well, let me do some investigation.
Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
So when I would tell people, hey, I could save you three grand a month.
Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
I could save you eight grand a month.
Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
I could save you $12,000 a month.
Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
And then for some of these accounts, dude, they're saving over $100,000 in just overhead expenses.
Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
Dude, they're like, bro, where do I sign up, right?
Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
Some of them are super pissed.
Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
They would never do business with banks or these large credit card companies ever again or processing companies ever again.
Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
And that's why I tell, that's the advantage that we have right now.
Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
So-
Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
We launched a similar concept to my first digital company with ATMs, but we did it now with credit card processing, which is called CashWipe.
Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
And with that concept is basically we partner up with local entrepreneurs in every city because what we do is we source the actual merchants and we guarantee the sourcing of the merchants.
Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
So basically, let's say that you right now, you love what you do, don't you?
Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
You're podcasting all that jazz.
Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
But you're like, Paul, you know what, dude?
Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
I want to go ahead and I want to make some residual income.
Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
I want to go live in Puerto Rico with you, you know, maybe next year, right?
Digital Social Hour
From Oakland Cop to Multi-Millionaire: Paul Alex’s Turning Point | DSH #1766
And I was like, all right, dude, well, this is going to be your path of least resistance.