 We are a profitable company and that changes everything Let's discuss how in this episode of the fireside chat with George number two if you missed the first fireside chat that Explained how we got profitable click here and Watch that. All right We are profitable that means we'll make more money than we spend every month How does that change everything? Well, some of our people who have debts those debts are now gone one of our senior members owed $3,500 to his parents a debt he accrued while working the startup hours to help us become profitable Well, three thousand five hundred dollars is now paid to him as a bonus so he can pay his debt Another one of our senior members broke his laptop it the screen cracked and he was using it cracked Well, we gave him fifteen hundred dollars to buy a new one and now he's very happy Guys, this is what happens. We invest in the people that invest in us and once we reach profitability They get their dividends they get their payments for the loyalty that they gave While we were getting the profitability that also means new people can now come in and We'll still start you off as we would normally start off someone based on need and as you show results you will get Raises and get what you deserve It's a very simple philosophy We base it on trust and we base it on honesty and we always grow together help each other grow Everyone still wears all the hats. We don't have less responsibility We have more because we're more motivated now that we have a profitable company What else does this mean? Well, it means we can launch more things like a music brand beat is our new music label We're a music publisher and we have a music CMS. What that means is we can take audio only and Fingerprint songs that are original and not remixes and we can find all copies So if you're a musician who makes original music and people are downloading it without permission and you want to monetize that come to us We can help you by fingerprinting all of your original music and letting content ID find all the copies on YouTube We can also help get your music on iTunes on Spotify and Distribute everywhere where we can help you earn money from your passion if you're a musician YouTube comm slash beat BEAT is where you go to get started. That's basically freedom for musicians and we're just getting started building it It's not a big channel right now But you can be sure it will become as big as freedom because there's probably just as many musicians out there as there are YouTubers on SoundCloud and other places of our musicians hang out All right guys Profitability means a lot more. It means we need to now think about our future and invest in things that will have a residual Income over time like office space. So right now I am negotiating with a commercial real estate in order to purchase a full floor of a brand-new green Eco-center building in the Philippines where we would have the 34th floor the entire 34th floor 2,601 square meters of space that we would own as Owned by freedom. Well, actually any TV. That's the company freedom is the brand that helps you grow on YouTube the YouTube MCN So if we're successful in three years because this is in pre-sale and you always want to buy in pre-sale because that's when the prices are cheapest If we're successful in negotiating then in three years We will have a beautiful brand-new office space to move into that we own and we can lease the parts that we don't use and that becomes an off-YouTube secondary income stream that Conservatively projected will earn us half a million dollars a year us in profit It's actually very profitable to earn commercial real estate or to own commercial real estate if You can afford the purchase price or the financing to be able to purchase it So if you're a budding MCN who's profitable now like we are I suggest you look into investing in commercial real estate guys Also as a profitable company our investors are really happy and I have to give a big shout out to everyone who believed in us when we were Not profitable in fact We were very unprofitable for a long time and there were many times when it looked a little dangerous because we were approaching zero in our bank account but we as a team and you as our fans and supporters helped us get past all those pains and Now our investors are happy in fact We're looking possibly to raise more money But at the moment we are good and we are able to self fund ourselves as well as Add a padding add more money back into our bank account because a general practice as a good business owner And again for all you MCNs out there who are in this business with us try to collect six months of Operational costs in your bank in other words if everything Stops and you earn zero dollars for six months. You should be okay You should be able to pay all your staff all your expenses You should have that amount of money in your bank to be considered a good healthy company And we're building our bank account to that level guys if you want any tips or advice Ask me in the comments below because I'm happy to share. I'm happy to Tell you answer your questions from someone who's done it went from nothing to profitability and I want to help you I do honestly in the future if you tell me in the comments below We'll create episodes of the George show dedicated to how freedom became profitable and the lessons learned So you can learn them and not make the same mistakes that we made that's the best way to grow is by Learning from people's mistakes and not repeating them one of my favorite phrases by Albert Einstein is I've looked further By standing on the shoulders of giants Which simply means he read all the stuff the people did before him and he built on that Foundation to create Work that let him see further. That's what we want to do. We're always learning We're always looking to improve and we hope you are doing the same and we're happy to teach now that we are metaphorically a giant in the sense that we're one of the few companies who have survived Unprofitability to become profitable and now it's just a matter of acceleration. How fast can we grow? How quickly can we get to the number one largest YouTube network? Which is our goal? We want to beat full screen and we want to do it in a clean and Good competitive way. No spamming. Please. I made a video about it Do not use emotion when promoting freedom use facts and testimonials But don't say things like this network is a scam because it's a scam that doesn't help anybody It just helps you feel better to blow off steam and then it makes us as a company look bad because it looks like You are promoting freedom in a way that we are teaching you to promote when really what you're doing is you're just being emotional So just think think about what you say before you say it think about what you tweet before you tweet it Please tweets are easy to screen capture and then I see them and then people complain to me and say hey How come this guy is talking crap about our network and he's a freedom representative or a network powered by freedom? Come on guys. I don't need that and you should know better. Just be honest and Factual not opinionated when you promote freedom or your network powered by freedom or yourself if you're a recruiter Using your refer a friend link All right guys. I hope you enjoyed this fireside chat. Tell me in the comments below if there's any topics you want me to Discuss and I'll be happy to do so. I read everything Can't reply to everything but you can be sure your comments are being read. My name is George I'm the founder of freedom and any TV and We'll see you on the next episode of Click the first video for a fireside chat with George where he shares our future and how we grew from $20,000 to $120,000 in just one month and click the second video to see how to monetize all of your videos With just a few clicks to enable all ad formats and monetize in all countries And we will grow together as a family because this is the freedom family You are part of it. We are all part of it and we're all growing together so grow with us and Partner with freedom that play now button right there on the video bar is all you need to click to get Started your secrets if you really look at yourself, you will be speechless What happened to being doctors and teachers what happened to being your brother's keeper now with days