We had the good fortune of connecting with Kingdawud Burgess and we’ve shared our conversation below.
Hi Kingdawud, we’d love to hear about how you approach risk and risk-taking
“He whom fails to try, fails to Succeed” Not sure who quoted this but it’s true. Playing it safe has never made me any Money.
Whenever I go into a business deal I always know there is a chance I’ll lose everything that I’ve invested.
What I refuse to do is waste my time while doing it.
If I lose a million dollar but gain a million dollar education, the risk was worth it.
I take risks others don’t take which gives me experience others don’t have.
If you are about to take a risk you always have to ask yourself if the reward or lost is worth the risk.
When taking risks I don’t always focus on what’s to gain. I focus more on what’s to lose!
Alright, so for those in our community who might not be familiar with your business, can you tell us more?
I monetize every aspect of my life! I like nice cars but don’t like to pay for them so I put them on Turo. I like having multiple place to live so I got into Airbnb.
I love to dress so I sell clothes. It allows me to wear whatever I want without paying for it.
I enjoy writing and this for found a way to print my own money..
I hate having to give up my time for someone else’s money so I invested in Trucks to ensure I never have to work for anyone again.
My true wealth is my Time!
I wanna spend it on whatever I want and with whom ever I want and without financial freedom you cannot do that!
I sold drugs the earlier part of my life. So I learned very early what my time was worth.
If you don’t know what your worth you’ll never be paid what your worth!
Let’s say your best friend was visiting the area and you wanted to show them the best time ever. Where would you take them? Give us a little itinerary – say it was a week long trip, where would you eat, drink, visit, hang out, etc.
I would take them to Griffith observatory and tell them to take a good look at The City before they dive in. Take it all in before biting off more then you can chew!
Who else deserves some credit and recognition?
All praise be to Allah. I know He has given me opportunities I could never image! My wife HAFSA Farouk is my biggest inspiration. I gave her $30,000 and she gave it to the poor. I was so mad. I told her I’ll be poor again if she keeps this up.
She told me I know how to make money. They don’t.
She said babe, just focus on making more money and let me helps those who can’t.
I nearly cried.
I realize that even though I feed the poor twice a week I wasn’t doing enough so I started a non profit which means it’s part of my business now to make sure others have what they need!
All the woman in my family deserve a shoot out. Watching them struggle and never complain or give up, made me man up when I felt I could not!
Linkedin: Kingdawud Burgess
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