HOW DID I PAY FOR MY GEAR? | DON'T DO WHAT I DID! | VLOGMAS S:2 E:10

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Vlogmas day 10! A question i get all the time is how did you pay for all of your gear? Find out how i did, and avoid the mistakes i made.
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I Hope you enjoy this Vlog and my channel - please hit that thumbs up if you liked it and subscribe for more videos (New Vlogs Uploaded Weekly p.s. I MEAN IT THIS TIME!).
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SOCIAL MEADIA ACCOUNTS
-Instagram: / djwoopig
-Instagram: / crownentertainment
-Snapchat: / djwoopig
-Facebook: / crownentertainme. .
-Twitter: / djwoopig
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MY MIXES (COMING SOON)
-Mixcloud: www.mixcloud.com/djwoopig
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BUSINESS INQUIRIES
djwoopig@gmail.com
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VLOG MUSIC BY: Streambeats
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MY MOST USED DJ GEAR (w/Purchase Links)
-ADJ TRI PARS: amzn.to/2sdr6H4
-ADJ DOTZ TPAR: amzn.to/2qAm5Hv
-CHAUVET 350 SPOT: amzn.to/2qA03ZF
-ADJ IKON LED: amzn.to/2sdyVMY
-EV EKX 15: amzn.to/2qAudvT
-EV EKX 18P: amzn.to/2rTUV28
-EV ZLX 15: amzn.to/2rEaThn
-PIONEER DDJ SX2: amzn.to/2qAo7HE
-VMODA HEADPHONES: amzn.to/2sdAdaW
-GTD AUDIO WIRESS MICS: amzn.to/2rnYf58
-Shure SM58 Microphone: amzn.to/2qA1ebx
-Microphone Stand: amzn.to/2sdAQBk
-Speaker Stands: amzn.to/2rTZrOm
-Subwoofer Poles: amzn.to/2sdt2PQ
- MAGLINER Cart: amzn.to/2sdX0Dp
-DJ FACADE: amzn.to/2qFASzV
-DJ Table: amzn.to/2qzZyid
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MY VLOG GEAR (w/Purchase Links)
-Canon G7X ii: amzn.to/37sopqG
-Iphone 7+: amzn.to/2rUj8Wh
-Canon 700D: amzn.to/2sdSTHM
Edited On: Adobe Premiere Pro
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ABOUT ME: Born and raised in Central Arkansas, I am a the owner of a mobile entertainment and event productions company. I also have a passion for teaching, inspiring, and creating new things. I would love to help you in any way that I can! Please reach out to me via email.
GOT DOPE ORIGINAL MUSIC YOU WANT TO HEAR ON MY VLOG?
EMAIL ME AT: djwoopig@gmail.com

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Опубликовано:

4 июл 2024

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Комментарии : 72

@kidcupid07 3 года назад

John freakin Simmons, your one of a kind man. I’m one of the ones that gonna listen. I too built my entire business about two years ago on all my credit. You are a god send and gave me a great idea to seek a personal business loan. I met you in person at NAMM too and your the same freakin great person . I look up to you. Much love man

@januarymorris9087 7 месяцев назад

Amen man! Amen! I haven't made it as big as you , i dont DJ anymore but i went thru a very similar situation with credit cards, my first system was bought on credit and it tanked my credit score because i didnt pay it off right away either, i was paying 26% for $14k worth of stuff and was in that debt for 5-8 years until i met my wife and she straightened me out and helped me get back on track. Amazing how hard those times can be. I won't ever go back to that place where i owe money like that. What a terrible way to start off. Now i own a few systems just for fun and don't have credit card debt anymore! Thanks for sharing!

@DJLoStax 3 года назад

Thanks for the transparency! I know the credit card life far too well. This year I was finally able to pay off all but 1 of my cards.(damn costco card) over $24k in credit card debt going into this year and its almost all gone...

@CristiMargineanu 3 года назад

It takes a big men to come forward on the difficult beginnings & I can totally relate to what you've been through. I was in for about 30k and paying interests. When I finally realized how much interest I had paid in a month, I got so frustrated that I decided to make a plan & I was able to pay it off in 1.5 year. In our industry it's all about planing and being realistic with the Return On Investment time. I'm glad to have found you on youtube! I wish you all the best!

@GMajor03 Год назад

Appreciate you and your transparency bro! Very very useful information and from a humble guy so it’s easy to receive. Keep it up, you’re making a difference

@DJTEDDY507 3 года назад

Great video John. Thanks for opening up about your financial history and struggles. Credit is great if it is managed well. The best thing you did was to get a business loan. You can also use paypal credit, no interest if paid within 6 months. I use it occasionally. Otherwise all my equipment is paid cash.

@Everardo10M 3 года назад

I appreciate your transparency in all of your videos! Glad you were able to reconsolidate all of that debt. You also gave some great advice. Keep the daily videos going!

@2easy300 3 года назад

Damn DJ Whoo Pig, u dropped golden nuggets just now, I started choking too 😂 great knowledge dropping man I needed that 💯🤙🏽

@MTSLEX 3 года назад

Awesome video man! The one thing no one ever talks about is accounting and debt mgt as a dj business! Keep inspiring!

@groovetonight1848 3 года назад

You da truth DJ Whoopig! Appreciate u sharing your experience and advice… its real easy to gravitate toward that shiny new gear, thinking that it will give us the edge we’re looking to grow…when really just ends up setting you back as a business owner. ✌🏽❤️🎧

@tbonebeats6429 3 года назад

This is GOLDEN content! I'm not where you were but I was on the way. My score recently dropped from 720 to 600 and that woke me up! I stopped the bleeding & Started using cash to buy my gear.

@BEpicEvents 3 года назад

Pure Gold John! Thanks for sharing your story.

@djmilad8382 2 года назад

Great knowledge! Been watching all of your videos.

@billparker4815 3 года назад

Love your content man! Been watching for years now!

@ajjjps 3 года назад

DJ, your a great asset to the entrepreneur dj business owners, and start ups. Love you sir. Thanks for this video.

@djking4416 3 года назад

Thanks so much. This will help me so much. The good thing us that you have something to show for. There are people deep down that hole with nothing much of value. I am looking forward to the video with your CPA.

@djjade214 3 года назад

best video you ever dropped it takes a lot to come out and open up about your finances

@c00lc321 3 года назад

This exact situation happened to me. there is no better feeling than being debt free. All you young DJ's --> stay away from debt. it took me 20 years to get out of it. Cash and carry!!

@MfcoolProductions 3 года назад

Man I’m glad to say i’m first lol. Love watching your videos man 🙏🏾🙏🏾

@DjWooPig 3 года назад

AYE!

@DJ_Magic706 3 года назад

Love it! Keep up the Great Work!!

@jrockr5078 3 года назад

Hi John thank you for those words of wisdom sir!! God bless you man. Keep up the good work. Greetings from Dublin Ireland.

@djjaimelopez 2 года назад

Great vid! Will look into this as well

@trueworshipr1 3 года назад

Man I thank you so much for sharing this insight. I’m just getting into the business and I appreciate the knowledge. 💯

@djstylez7392 3 года назад

I’ve been watching your videos for so many years now. I’ve even gotten use to your Arkansas accent. LOL!!!!!!

@djsdot380 3 года назад

Very humbling glad you made this Vlog

@johnmcquay82 3 года назад

Looks like we both started off life in a similar way. By the time I hit my mid-20s, I was up to my ass in debt and paying it off was a real struggle...I was almost 30 when I cleared it all. A needed push for my part-time business was getting laid off my full time job in November 2019; a pay-out from that gave me a lump sum that I invested in much-needed gear upgrades among other things. I had planned to do that full time...then the pandemic hit. As my business is bringing in no money at the moment, I ended up going back to full time work in Telecoms, which covers the bills and also allows me to invest a little in my business here and there. I always seem to be buying cables right now...

@adj2 3 года назад

Good video about credit cards. They actively go after college students, getting you to run up credit cards & student loans. One thing people need to understand is there is being a DJ/DJing & then there is business. Everyone always talks about the first but never the second. You have to have a plan worked out financially. If your plan is to pay for everything with credit cards likely there isn’t a plan. There are a few ways to finance equipments a reasonable rates but it won’t really be possible without a good business and business plan. Early on I worked SBA on my state college campus which had people there to help guide you with your business plans, applying business loans, certifications & so on. Very helpful.

@biniyamwhite3015 3 года назад

You are a Legend my man!

@t.jameslee2924 2 года назад

You rock John!

@donberube9742 2 года назад

Great advice

@VJCarlosAcosta 3 года назад

Thats a Good Piece of advice John! I have mostly bought all my Gear in cash, thats have been tough because sometimes it takes a lot of time to get the money and also considering that here in my country Chile everything is so expensive but at the end of the day its quite comforting. Now im just waiting for the venues to start coming again because I need some the investment money to return, its not too much USD 15.000 but you have to start somewhere . Im afraid sooner or later i will have to use a credit card but im trying to postpone thet moment the most that i can. Thanks again!

@anthonyanzalone 3 года назад

Great advice. Thank you!

@timothylawrence707 2 года назад

CREDIT CARD (noun): A thin, plastic device which allows people to purchase items they don't need at prices they can't afford with money they don't have.

@mikebottiaux5850 Год назад

John, you are wise beyond your years.

@Muziq4tune 3 года назад

Brilliant!♫

@Renegadeproject 3 года назад

Good advice sir

@terrancematthews4416 3 года назад

This helped a lot bro, thanks for sharing,

@JETUpbeatRGv 3 года назад

Thanks John 🙏🏻

@WiKiTWoNKa Год назад

GOD HAS BLESSED YOU AND YOUR FAMILY 🙏🏽

@michaelhamilton4711 3 года назад

THANKS FOR THIS 1BROMAN!!!!

@ezrajimenez9563 3 года назад

Thanks for sharing,.

@lostproductionspdx 3 года назад

Great Video, I did it just like you and am at that point of needing to escape potential demise. Credit Cards are the only way when you're starting, no bank will give a young person money for a startup. If you have family or friends and spread it out in small chunks that is really the best move. The CCs are awful but can be used wisely; a lot of companies will offer no interest for the first year for example. You just have to always hit that payment to make sure you don't get hit with all the interest in a year.

@bmwthedj 3 года назад

*Goes to find a good local CPA*.... this was SUPER helpful! Thank you!

@rlg222 3 года назад

Its been a while since I've seen your videos. I did see you as a baller. I know there is always a silver lining and most people don't know that. I know when I started I used Amex and used musical company's to get gear and pay it down and not use any credit cards. I haven't worked since Mid March because of the pandemic which linked my business so I have all this gear paying storage fees every month with no help from the SBA. I should have established business credit as its much better and necessary for business. Thanks for John!

@BayardoRugama 3 года назад

Great Video!

@DeanCarr 3 года назад

LOVE THE WOO PIG :-)

@eliteproca 3 года назад

Respect.

@kellyaustin7487 2 года назад

Is that business or personal credit? Amazing work bro 👍🏾

@djtrippd 3 года назад

Thank you for sharing this. This year my wife and I refinanced our mortgage, it was time for renewal but it allowed us to wrap in our credit card debt. Approx $20K off credit card debt that was a mix of gear and bills and paying the minimums. You're right though, a lot of people are going to make the same mistake but the market is setup like this. BEWARE!!!! DO NOT BUY ON CREDIT CARDS!!! Get a loan or finance, something with monthly payments that has an end date. Credit Card debt is never ending, eventually you'll hit your limit and then the interest till accumulate beyond the limit if you can keep up or make lump payments. You'll say oh I use that $1200 from the wedding or whatever you're doing, but you won't. You'll have expenses and you'll have the money in hand and you'll spend it on more gear forgetting about the debt you have.

@MissKarenB 3 года назад

Great Video for someone just getting started and even someone who's been in the business for awhile! Credit cards are a wonderful thing until reality hits and bites you in the butt if you're not very careful (been there, done that). I'm on the left coast and your office costs are about 1/3 to 1/4 of ours ($1,100 for 1,000 sq. ft. and that's the low end in my area).

@roba1365 3 года назад

Thanks for being so transparent. I have a few questions. *Did you go to a small bank or one of the major ones? *The CC you have now, are they under Crown or personal. Thanks for sharing.

@DjWooPig 3 года назад

Local banks, we do have any of the major banks in my town (wells fargo, boa, citi etc). I have a combination of personal and business CC's.

@djespinal046 3 года назад

Is not the best choice but there is America music supply and idjnow.. they finance with 0 interest for a year .. for me it was a option.

@user-rn2jo3kz4k 3 года назад

i'm so thankful for this video, as i'm looking to start a (much smaller scale..) company myself and thankfully only have less than 8K worth of debt to manage.. Gonna look about seeking out a Financial Advisor to help me move forward intelligently after seeing this..*salute*

@IanDeVos 3 года назад

I'm so glad there's no real culture of living on credit here. We don't have the concept of a credit score. I have a Visa card, but it's only used for some online shopping and it's payed back each month. Everything else gets bought with a debit card. The only things bought on credit here are a house and maybe a car.

@JCLopez503 Год назад

You never did bankruptcy ?Wondering since you had first credit card sent to collection!

@sethholston6128 3 года назад

The jewels

@DJDynablend 3 года назад

Wow man sounds like banks actually care over there in the States, I have been with my bank over 20 years and they wouldn't even know who I was or care for that matter. Great video Peace Out!