WEBVTT 00:00:00.253 --> 00:00:03.123 B.J. was one of many fellow inmates 00:00:03.123 --> 00:00:05.408 who had big plans for the future. 00:00:05.408 --> 00:00:07.639 He had a vision. When he got out, 00:00:07.639 --> 00:00:10.494 he was going to leave the dope game for good and fly straight, 00:00:10.494 --> 00:00:15.621 and he was actually working on merging his two passions into one vision. 00:00:15.621 --> 00:00:17.135 He'd spent 10,000 dollars 00:00:17.135 --> 00:00:20.419 to buy a website that exclusively featured women 00:00:20.419 --> 00:00:26.308 having sex on top of or inside of luxury sports cars. (Laughter) NOTE Paragraph 00:00:26.308 --> 00:00:29.294 It was my first week in federal prison, 00:00:29.294 --> 00:00:33.111 and I was learning quickly that it wasn't what you see on TV. 00:00:33.111 --> 00:00:37.014 In fact, it was teeming with smart, ambitious men 00:00:37.014 --> 00:00:39.755 whose business instincts were in many cases 00:00:39.755 --> 00:00:42.157 as sharp as those of the CEOs 00:00:42.157 --> 00:00:43.986 who had wined and dined me six months earlier 00:00:43.986 --> 00:00:48.538 when I was a rising star in the Missouri Senate. 00:00:48.538 --> 00:00:51.379 Now, 95 percent of the guys that I was locked up with 00:00:51.379 --> 00:00:54.119 had been drug dealers on the outside, 00:00:54.119 --> 00:00:57.527 but when they talked about what they did, 00:00:57.527 --> 00:01:00.230 they talked about it in a different jargon, 00:01:00.230 --> 00:01:02.014 but the business concepts that they talked about 00:01:02.014 --> 00:01:05.694 weren't unlike those that you'd learn in a first year MBA class at Wharton: 00:01:05.694 --> 00:01:10.198 promotional incentives, you never charge a first-time user, 00:01:10.198 --> 00:01:13.769 focus-grouping new product launches, 00:01:13.769 --> 00:01:16.006 territorial expansion. NOTE Paragraph 00:01:16.006 --> 00:01:19.277 But they didn't spend a lot of time reliving the glory days. 00:01:19.277 --> 00:01:22.126 For the most part, everyone was just trying to survive. 00:01:22.126 --> 00:01:24.323 It's a lot harder than you might think. 00:01:24.323 --> 00:01:27.110 Contrary to what most people think, 00:01:27.110 --> 00:01:30.488 people don't pay, taxpayers don't pay, for your life 00:01:30.488 --> 00:01:32.278 when you're in prison. You've got to pay for your own life. 00:01:32.278 --> 00:01:35.030 You've got to pay for your soap, your deodorant, 00:01:35.030 --> 00:01:37.328 toothbrush, toothpaste, all of it. 00:01:37.328 --> 00:01:38.680 And it's hard for a couple of reasons. 00:01:38.680 --> 00:01:41.075 First, everything's marked up 30 to 50 percent 00:01:41.075 --> 00:01:42.442 from what you'd pay on the street, 00:01:42.442 --> 00:01:45.024 and second, you don't make a lot of money. 00:01:45.024 --> 00:01:47.293 I unloaded trucks. That was my full-time job, 00:01:47.293 --> 00:01:49.582 unloading trucks at a food warehouse, 00:01:49.582 --> 00:01:53.935 for $5.25, not an hour, but per month. NOTE Paragraph 00:01:53.935 --> 00:01:56.093 So how do you survive? 00:01:56.093 --> 00:01:59.612 Well, you learn to hustle, all kinds of hustles. 00:01:59.612 --> 00:02:01.211 There's legal hustles. 00:02:01.211 --> 00:02:03.379 You pay everything in stamps. Those are the currency. 00:02:03.379 --> 00:02:05.795 You charge another inmate to clean his cell. 00:02:05.795 --> 00:02:10.698 There's sort of illegal hustles, like you run a barbershop out of your cell. 00:02:10.698 --> 00:02:14.920 There's pretty illegal hustles: You run a tattoo parlor out of your own cell. 00:02:14.920 --> 00:02:18.203 And there's very illegal hustles, which you smuggle in, 00:02:18.203 --> 00:02:22.306 you get smuggled in, drugs, pornography, 00:02:22.306 --> 00:02:25.773 cell phones, and just as in the outer world, 00:02:25.773 --> 00:02:29.276 there's a risk-reward tradeoff, so the riskier the enterprise, 00:02:29.276 --> 00:02:31.140 the more profitable it can potentially be. 00:02:31.140 --> 00:02:36.076 You want a cigarette in prison? Three to five dollars. 00:02:36.076 --> 00:02:39.381 You want an old-fashioned cell phone that you flip open 00:02:39.381 --> 00:02:43.027 and is about as big as your head? Three hundred bucks. 00:02:43.027 --> 00:02:45.363 You want a dirty magazine? 00:02:45.363 --> 00:02:48.747 Well, it can be as much as 1,000 dollars. NOTE Paragraph 00:02:48.747 --> 00:02:51.853 So as you can probably tell, one of the defining aspects 00:02:51.853 --> 00:02:55.403 of prison life is ingenuity. 00:02:55.403 --> 00:02:57.807 Whether it was concocting delicious meals 00:02:57.807 --> 00:03:02.006 from stolen scraps from the warehouse, 00:03:02.006 --> 00:03:05.156 sculpting people's hair with toenail clippers, 00:03:05.156 --> 00:03:10.780 or constructing weights from boulders in laundry bags 00:03:10.780 --> 00:03:15.549 tied on to tree limbs, prisoners learn how to make do with less, 00:03:15.549 --> 00:03:18.220 and many of them want to take this ingenuity 00:03:18.220 --> 00:03:20.406 that they've learned to the outside 00:03:20.406 --> 00:03:22.652 and start restaurants, barber shops, 00:03:22.652 --> 00:03:24.997 personal training businesses. NOTE Paragraph 00:03:24.997 --> 00:03:28.492 But there's no training, nothing to prepare them for that, 00:03:28.492 --> 00:03:30.787 no rehabilitation at all in prison, 00:03:30.787 --> 00:03:32.988 no one to help them write a business plan, 00:03:32.988 --> 00:03:36.246 figure out a way to translate the business concepts 00:03:36.246 --> 00:03:39.269 they intuitively grasp into legal enterprises, 00:03:39.269 --> 00:03:41.844 no access to the Internet, even. 00:03:41.844 --> 00:03:44.428 And then, when they come out, most states 00:03:44.428 --> 00:03:46.780 don't even have a law prohibiting employers 00:03:46.780 --> 00:03:50.500 from discriminating against people with a background. 00:03:50.500 --> 00:03:52.804 So none of us should be surprised 00:03:52.804 --> 00:03:55.648 that two out of three ex-offenders re-offend 00:03:55.648 --> 00:03:58.236 within five years. NOTE Paragraph 00:03:58.236 --> 00:04:03.548 Look, I lied to the Feds. I lost a year of my life from it. 00:04:03.548 --> 00:04:07.207 But when I came out, I vowed that I was going to do 00:04:07.207 --> 00:04:09.033 whatever I could to make sure 00:04:09.033 --> 00:04:11.466 that guys like the ones I was locked up with 00:04:11.466 --> 00:04:15.513 didn't have to waste any more of their life than they already had. NOTE Paragraph 00:04:15.513 --> 00:04:19.161 So I hope that you'll think about helping in some way. 00:04:19.161 --> 00:04:21.729 The best thing we can do is figure out ways 00:04:21.729 --> 00:04:24.417 to nurture the entrepreneurial spirit 00:04:24.417 --> 00:04:27.661 and the tremendous untapped potential in our prisons, 00:04:27.661 --> 00:04:30.736 because if we don't, they're not going to learn any new skills 00:04:30.736 --> 00:04:33.285 that's going to help them, and they'll be right back. 00:04:33.285 --> 00:04:36.161 All they'll learn on the inside is new hustles. 00:04:36.161 --> 00:04:40.161 Thank you. (Applause)