ORLANDO, Fla. – You may be good at what you do or proud of what you do, but can you say that you are in the top 5% of any activity or profession you just thought of? Good, Joe Ferrer can.
This week on Black Men Sundays, host Corie Murray interviews the financial advisor, author and mailbox money President to learn what it takes to become one of the best wealth managers in the industry.
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“One of the biggest things that went from being your average financial advisor to being in the top 5% globally was when I made a true commitment to give. You know, I’ve always acted like I’ve given before, and I mean I’ve given, but we know when Sunday comes, what we give and what we should give can be very different, and I always gave, but I knew it wasn’t what I was supposed to do,” Ferrer said. “So I made a commitment, and once I made that commitment, to give, my life changed and I thought I would have less, and unfortunately that wasn’t what it is.”
Mailbox Money, Ferrer’s nonprofit, was created to serve as a platform for people who think the same way he did then, he described. It accepts monthly payments from engagements, 80% of which are then paid out golden envelopes to random people in an effort to make the world a better place by sharing wealth and happiness.
“I felt like I had to get more before I could give more,” Ferrer said. “(We) make it easy and convenient for people to commit to giving. So we have a platform where it’s $10 a month. Our adage is “You don’t have to be rich to give” because I want people to experience the same freedom and excitement and advancement in my career that giving created me, and so have we have this platform where people can donate.”
The former Notre Dame linebacker shared anecdotes that emanate from and return to his books – “Mailbox Money: A salesman’s journey to learn the mysteries of business and life,” and be Consequence.
The flagship title tells the success story of a salesperson who journeys with a mentor to unlock a range of disciplines: staying close to the process, the power of visualization, transformation and the power of applied information. The books were written to help readers follow similar paths to prosperity.
“When I wrote the first book, Mailbox Money, it was basically just about the disciplines, ‘Hey, Joe, how did you manage to be pretty successful in this industry?'” Ferrer said. “I have laid out the secrets of my success as these four disciplines to be able to achieve and it is only told through this story, but if you read the book Mailbox Money you will get an idea – what are the things that make me… have advanced from a business perspective? And then, as you read on, you’ll see where giving comes later.”
Sundays for black men talks about building generational wealth. Watch each episode in the media player below.
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