Podcasts about Great Recession

In today's episode of The Edge of Excellence podcast, Matt is joined by Chris Marsh, Founder and CEO of Cherry Tree Capital Partners and the Co-founder of BCT Development.This episode explores the journey of building something meaningful from the ground up—full of twists, resilience, and leadership lessons learned the hard way. You'll discover the importance of vision and trust, such as how persistence and culture-building often outweigh technical skills in achieving long-term success. Along the way, you'll get a glimpse into the mindset shifts that drive breakthrough moments in both career and personal growth.Matt and Chris also unpack the power of goal setting, emphasizing how defining clear values and missions can transform self-limiting beliefs into sources of motivation. They touch on the mental battles many face and offer insights into how reframing those internal narratives can fuel resilience and grit. By weaving personal anecdotes with practical advice, the conversation invites you to rethink what success truly means and how to pursue it with purpose.The blend of personal reflection, strategic insight, and heartfelt stories makes this episode a compelling listen for anyone striving to make a difference in their own way.Don't miss another episode of The Edge of Excellence podcast. Leave a review and subscribe todayWhat You Will Learn In This Show:Chris's upbringing in a working-class household in Blackburn, Lancashire, and his early struggles with education.His move to the United States, initially on a tourist visa, and his eventual employment at the Irvine Company.How the Great Recession led to a shift in the real estate market, with a focus on apartment development.Chris's personal experiences of overcoming self-doubt and the impact of having a clear vision and mission.The importance of making a positive impact while building a successful business.And much more...Guest Bio:Chris Marsh is the Founder and CEO of Cherry Tree Capital Partners and Co-founder of BCT Development. With over 30 years of experience in commercial and multi-family real estate, Chris spent 18 years at Irvine Company, rising to President of the Apartment Division, where he led the development of 22,000 new apartment units and grew the portfolio from 40,000 to 62,000 units. Cherry Tree focuses on acquiring and managing multi-family assets in the Midwest, preserving affordable housing and enriching communities through educational centers. In 2023, Chris co-founded BCT Development with Bain Capital Real Estate to create innovative rental townhome communities in Southern California. Committed to child education and community development, Chris serves on several nonprofit and advisory boards. He holds degrees in Quantity Surveying and Project Management from UK universities.Resources:Cherry Tree Capital PartnersChris's LinkedInDisclaimer: The views, information, or opinions expressed during this podcast are solely those of the individuals involved and do not necessarily represent those of The Edge of Excellence podcast or its affiliates. The content provided is for informational and entertainment purposes only and is not intended to be a substitute for professional advice. We make no representations as to the accuracy, completeness, suitability, or validity of any information on this podcast and will not be...

In this episode of the Income Flip Podcast, we dive deep into the world of real estate investment with seasoned expert Frank Rizzo. With over 25 years in the industry, Frank shares his journey from a young entrepreneur to a successful real estate investor. Discover the strategies that helped him navigate the Great Recession, his focus on unique investment opportunities, and his current ventures in the manufactured housing space. Whether you're a budding investor or a seasoned pro, Frank's insights on market trends, community development, and investment opportunities are sure to inspire and inform. Tune in to learn how to spot undervalued assets, build impactful communities, and create lasting wealth in real estate.

I want to share a story you may have heard before—but it's worth telling again. When I finished surgical training and joined a practice in 2008, we were in the middle of the Great Recession. But for me, the recession didn't mean anything. My net worth was below zero. I'd made less than $50K a year for seven years. I wasn't worried about losing money—I didn't have any. What I did have was a new six-figure salary and a baby on the way. Suddenly, I had to start thinking like a grown-up. I needed to protect my family. I needed life insurance. But I had no idea what that really meant. I started asking around. One of the younger surgeons told me to “buy term and invest the difference.” That's what Dave Ramsey and Suze Orman were preaching on TV too. But an older surgeon—close to retirement—told me something very different. He'd been financially wrecked by the market crash and said permanent life insurance was one of the only things keeping him afloat. Here's the thing: they were both kind of right. The young guy was right that most permanent life insurance is designed in such a way that it is a terrible investment. But the older guy had discovered something the hard way—permanent life insurance can offer unmatched financial stability when everything else is falling apart. Still, neither of them understood what I would come to learn just a few years later from some of my wealthiest friends. You see, permanent life insurance isn't one thing. It's a flexible tool. In the right hands, it can be optimized for estate planning, tax-free growth, or even used as a powerful retirement income strategy—especially for those of us who started making money later in life. That's when I took a deep dive, even getting a life insurance license so I could fully understand the mechanics myself. What I found became the foundation for Wealth Formula Banking, Wealth Accelerator, and now, Wealth Accelerator Plus.  In fact, some of these strategies are so effective that they've already helped people like me “catch up” on retirement income planning—even if we didn't start earning real money until our 30s. On this week's show, I talk with one of my new partners at Wealth Formula Banking, Brandon Preece. We unpack common misconceptions about life insurance, discuss mainstream strategies, and then go further—exploring new protocols that could be game-changers for your financial future. If you haven't learned about this stuff yet, it's time. And if you have, it's time to revisit all of these strategies. These strategies have played a major role in my financial life—and in the lives of many in our Wealth Formula community. And I can honestly say that I don't know of a single person who ever regretted setting up a plan!

Laurie Harbour, Partner at Wipfli LLP, joined Jamie Flinchbaugh on the People Solve Problems podcast to discuss leadership's critical role in integrating the next generation of manufacturing talent. Laurie, author of Tradition Meets Transformation, brings over 35 years of manufacturing experience helping companies improve efficiency and profitability. Laurie explained that American manufacturing faces a significant generational gap. During the 1990s and early 2000s, parents encouraged their children to pursue four-year degrees rather than manufacturing careers, creating a shortage of workers in the 35-45 age range. This gap widened after the Great Recession further diminished interest in manufacturing careers. The result is an aging manufacturing workforce alongside a gradual influx of younger talent with different skillsets. This talent gap has created serious consequences. Laurie noted that many companies relocated manufacturing to lower-cost regions worldwide partly due to domestic worker shortages. When COVID increased manufacturing demand in North America, companies struggled to find qualified workers, often hiring undertrained temporary labor that negatively impacted quality, delivery, and safety metrics. Many manufacturers now experience 30-40% turnover rates because they fail to engage and retain younger workers. The new generation brings valuable technology skills to manufacturing, Laurie emphasized. Young workers excel at using tools like Excel, programming languages, and Power BI to analyze data effectively. Their efficiency with technology often exceeds that of experienced workers, and they naturally identify process inefficiencies that veterans might overlook. However, they lack the manufacturing process knowledge that experienced workers possess. Laurie advised that successful manufacturers create environments where generations collaborate rather than compete. Some older leaders mistakenly believe younger workers need decades of experience before making meaningful contributions. The best companies instead form cross-generational teams where experienced workers share tribal knowledge while younger staff contribute technological insights. This engagement reduces turnover, as younger workers particularly want to feel their contributions matter. For senior leaders approaching retirement, Laurie recommended embracing transformation rather than coasting on experience. She shared examples of companies that thrived after promoting younger leaders with proper support structures like advisory boards and mentorship programs. For younger manufacturing professionals, Laurie stressed the importance of humility. She observed that successful young leaders recognize they don't need to be the smartest person in the room but must facilitate dialogue and ask good questions. The most effective emerging leaders actively seek mentorship and embrace being uncomfortable as they grow. Laurie remains passionate about revitalizing manufacturing's image, particularly among women who represent 50% of the potential workforce. She's dedicated to educating school counselors and others who might discourage manufacturing careers despite their excellent compensation and technological sophistication. Learn more about Laurie Harbour's work at www.wipfli.com or connect with her on LinkedIn at https://www.linkedin.com/in/laurie-harbour-264a253/.

Join our community of RE investors on Skool: https://linktr.ee/gabepetersenCERTIFIED FINANCIAL PLANNER'S REAL ESTATE SUCCESS STORY

Register here for the live online event to learn about ‘Unlocking BRRRR Deals in Little Rock on Thursday, July 17th at 8PM Eastern. Keith discusses the competitive nature of short-term rentals (STRs) and the need for hosts to offer luxury amenities to attract guests. Long time investing pro, Alex, joins us to cover the BRRRR strategy in Little Rock, Arkansas, an investor-advantaged market, emphasizing its low property taxes and stable cash flow. They explain the BRRRR process, including: buying, renovating, renting, refinancing, and repeating.  The strategy allows investors to scale their portfolios with minimal initial capital, offering a 0% management fee in year one and 4% in year two.  Resources: Register here for the live online event to learn about ‘Unlocking BRRRR Deals in Little Rock on Thursday, July 17th at 8PM Eastern. Show Notes: GetRichEducation.com/561 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Automatically Transcribed With Otter.ai    Keith Weinhold  0:01   Welcome to GRE I'm your host. Keith Weinhold, anymore when you own short term rentals like Airbnbs and vrbos, you are in an all out arms race competing to provide amenities like never before. Then what happens when you take the popular burr real estate strategy and overlay it with one of the most investor advantaged markets in all of America. It's a lucrative opportunity. You'll see how and why today on get rich education.    Keith Weinhold  0:32   Mid south home buyers, I mean, they're total pros, with over two decades as the nation's highest rated turnkey provider, their empathetic property managers use your ROI as their North Star. So it's no wonder that smart investors just keep lining up to get their completely renovated income properties like it's the newest iPhone. They're headquartered in Memphis and have globally attractive cash flows, an A plus rating with the Better Business Bureau, and now over 5000 houses renovated their zero markup on maintenance. Let that sink in, and they average a 98.9% occupancy rate, while their average renter stays more than three and a half years. Every home they offer has brand new components, a bumper to bumper, one year warranty, new 30 year roofs. And wait for it, a high quality renter. Remember that part and in an astounding price range, 100 to 180k I've personally toured their office and their properties in person in Memphis. Get to know mid south enjoy cash flow from day one. Start yourself right now at mid southhomebuyers.com that's mid southhomebuyers.com   Speaker 1  1:58   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  2:14   Welcome to GRE from North Conway, New Hampshire to North port, Florida and across 188 nations worldwide. I'm Keith Weinhold, and this is get rich education, happy July, the second half of the year. And my favorite month of the year is your Airbnb fancy enough, because anymore STRS short term rentals have gotten so competitive that hosts treat their properties like white lotus level hotels. Now, STRS were never passive, but they become even less so it is active income. Once upon a time, Airbnb hosts could just sort of drop a few colorful throw pillows on their fold out couch and make a killing. But no more those days are so far gone. The STR game has changed drastically. I mean, you used to be able to list a basic home with generic furniture that you got at Costco, minimal amenities, no Wi Fi, and still get it booked, but today, it will sit empty unless you offer more than just a place to sleep. You have to build an experience for Airbnb guests. Now, increasingly, hosts are doing things like adding outdoor kitchens, arcade machines, putting greens, even basketball. And now, though these upgrades do cost a lot up front, they can pay off. These amenity types can double your nightly rate, but they come with more responsibility and more to maintain. I mean, more guests are expecting a flawless experience. The trend is that Airbnbs are becoming full scale hospitality operations, and if you don't treat it like one, you're going to fall behind. So simply having a nice house that just no longer cuts it, running a short term rental today is nothing like it was even two or three years ago. You used to be able to stand out with a decent bed and colorful throw prolos, but now guests are basically comparing your place to boutique hotels. Hosts are deeply investing in design, forward furniture, layered lighting and featuring spaces that some market as what they call moments like cozy reading corners in these luxurious bathroom setups, adding things like welcome guides and even complete brand identities with a proper. Name and even a logo and a story to give the place some personality, even writing up a history for your property, even if it's not that historic. Now, these sorts of tactics, they actually do, seem to work. Guests will give you more bookings, better reviews, and guests even share the space on social media like it's somewhat of a lifestyle destination now sometimes STR hosts, they team with these other platforms to add welcome champagne in ice buckets on site, sommeliers, private chefs, daily, housekeeping on demand. 24/7 textable concierges, heated plunge pools and other amenities through you partnering with some of these platforms and these upgrades don't come cheap. The publication called the playbook, they featured an STR in Sag Harbor, New York, where the property owner invested $85,000 into overhauling the landscaping and adding a James Turrell Inspired LED light installation. But overall, these improvements boost rental revenue by an average of 40% over what the property was collecting previously. All right, so this is a case study now, though, this STR trend of offering deep hospitality and luxury amenities has turned into more of a job and less about passive income. You know, really, this is free market capitalism, because this is competition to see who can provide the best service at the lowest price, but that's what it is. So this is making real estate less of a good and more of a service. Short term rentals soaring supply, day rate compression and AI driven pricing tools. That means that the just this all nice house with good photos thing that no longer cuts it. It is an amenities arms race now, and of course, this is a national trend. It doesn't mean that it's happening absolutely everywhere. In some places, hosts are able to charm guests simply with something like a freshly baked loaf of banana bread, but the consensus is whether they spend a little or a lot, Airbnb hosts unanimously say that they've got to work harder in order to keep guests happy. It's become more of a business and less of a side hustle than it used to be. You've got more hosts leaning into higher upfront investments because they know guests will pay for a sort of turnkey, Instagrammable experience. And this really is a classic early adopter issue, just like a lot of things, Airbnb launched in 2007 by the way, so this sort of first wave of Airbnb hosts back around 2012 to 2015 they were riding a blue ocean back then. There was virtually no competition. There weren't any standards, and there were plenty of bookings, and that made a lot of hosts pretty fat and happy. But that's not where we are now, really. The bottom line is that in many markets, short term rentals have transitioned from partial passivity to all out hospitality. That's the Airbnb arms race. The average Airbnb nightly rate for North America. Do you care to venture a guess at the average nightly rate? It is approximately $216 per night, and that right there is up 26% from 2020 so it is not up as much as house prices over that five year period from 2020 really, the Airbnb rate is up about as much as the long term rental rate.    Keith Weinhold  8:58   While we're talking numbers a quarter recently ended. Let's hit on our asset class rundown. What's happened to home prices in the past year? Well, when you aggregate all these sources, Zillow, Freddie, Mac case, Shiller, FHFA, in totality, home prices are up 2% single family rents are up 3% apartment rates are down 1% due to their oversupply. The 30 year mortgage rate was 6.9% a year ago, and it's 6.8 now. CPI inflation is 2.4% expressed in year to date terms. Now the SP5 100 is up 5% in the first half of this year, ending near 6200 the dollar is down. That means that it takes more of them to buy gold, which is over $3,300 an ounce, gold is up 27% just from the start of this year, and the oil price is still depressed in the 60s. Per dollar for a barrel, Bitcoin still strong, ending the quarter at 106kthat's your asset class rundown, which we do about quarterly.    Keith Weinhold  9:57   Hey, I really enjoyed meetingside. Of you on this year's terrific real estate guys Investor Summit at sea was concluded about a week ago. It was two days on land in Miami, followed by a week of conferences and fun aboard a Caribbean cruise ship. I really got to meet you and get to know you, because we had nine days together, and as one of the faculty members, I hosted a table at dinner every night, and each night the attendees rotated around to my table, so I got to meet a lot of you and really get to know you, and you got to know me. Yeah, it was as interesting for me to meet you in person, perhaps, as it was for you to meet me, because I like to hear what you're doing in real estate, investing, in everything else. I gave a main stage presentation that was almost an hour of all me, all GRE and also served on five different panel discussions. Oh, it's such a unique event. Get this, I was kind of dressed up to give my main stage presentation, which so many of you, by the way, told me afterwards, that that was your favorite presentation of them all, all week long, because each faculty member made a main stage presentation. But what I want to tell you is, just a few hours after I presented, on the cruise ship, I was shirtless in the water throwing a football around at the beach in St Thomas Virgin Islands. What an event. Fantastic to meet a number of you in person. So far today, I hope what I've shared with you has been informative. Next. It's something informative and really actionable that you can make lucrative that's next. I'm Keith Weinhold. You're listening to get rich education.    Keith Weinhold  11:45   The same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your pre qual and even chat with President Caeli Ridge personally, while it's on your mind, start at Ridge lendinggroup.com. That's Ridge lendinggroup.com.    Russell Gray  12:16   You know what's crazy your bank is getting rich off of you, the average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns, and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back, no weird lock ups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing, check it out. Text family to 66866, to learn about freedom. Family investments, liquidity fund again. Text family to 66866.   Russell Gray  13:30   Hi. This is Russell Gray, co host of real estate guys radio show, and you're listening to get rich education with Keith Weinhold, don't quit your Daydream. You Keith,   Keith Weinhold  13:38   welcome back to get rich Education. I'm your host. Keith Weinhold, we're talking to a guest not only about an investor advantaged market, but when you overlay a certain strategy with it, this can be highly lucrative for investor returns, and we're with a long time investing pro Alex, welcome onto the show.    Alex Craig  14:04   Hi Keith, thank you.    Keith Weinhold  14:05   Well talking about top US cashflowing market, let's get right to it. Tell us about yours.   Alex Craig  14:11   Little Rock, Arkansas. It's a market that we've been in since 2012. I personally invest there. I've got about 75 doors of multi family, single family. And the reason why it works is just cash flow. Over the years, we've had investors from around the country that have owned portfolios where maybe they're somewhere in Phoenix or Dallas, where they're kind of speculating. This is not a speculation market, and that's why it works for myself. It's consistent. It's very linear, and linear is a word that we use a lot to describe. And if you're going to be a cash flow investor, and that's why I'm in it, it's you want a linear market. You don't want ups or downs, and then you want to make sure it's a growing market too. And Little Rock checks all the boxes of what you would want in a stable cash flow environment market.   Keith Weinhold  14:57   And I think a lot of our investor listeners are. Already pretty keen on that. You get a high ratio of rent income to purchase price. You have laws that heavily favor landlords over tenants. But Alex, in today's environment, people are more conscious about rising operating expenses and higher mortgage expenses, and that's really one advantage that Arkansas can give right now, is with those low property taxes   Alex Craig  15:20   Keith,it's so interesting you mentioned that because I did have a conversation with a client of ours that had a property in another market that he had mentioned how his property taxes had gone up and gone up substantially, which that's to expect. I mean, after COVID, there was a lot of markets saw a huge boost, especially with markets that saw hedge funds come in. Hedge Funds, I believe, ruined a lot of markets, raised the prices. And another reason I like Little Rock, it flies under the radar. You think is Little Rock is a small market, but it's really not. It's, I mean, the population of the city is 250,000 but the metro area, which is a 50 mile radius around Little Rock, is much bigger. And the entire, not only the entire market, metro area, feeds off little rock, really, the entire state does too. But that being said, because it's floating under the radar, the property tax have remained low. They've taken a little bit of bump over the years, because the values steadily go up, but they started low anyway. So with operating costs of insurance, insurance has gone up for a lot of for my own properties in other markets, it's going up, and it's going up in Little Rock too. I mean, it's just the name of insurance, but property taxes have remained low. They've always been low, and that's really a big help as to why this market works for us.   Keith Weinhold  16:30   Talking about flying under the radar, you're talking about, therefore evading a lot of that hedge fund money. Tell us more about the market and some of those anchors and drivers.   Alex Craig  16:40   It's a blue collar town. You've got logistics. Is a market, or is a segment of the industry that has really come on strong over the last few years, Amazon has really put a footprint in the market. Healthcare is a huge, huge market, like I mentioned earlier, not only does the region feed off the direct to the entire state, it's the hub of healthcare for the entire state of Arkansas, of course, it's government. Government provides a lot of jobs. The good thing about government jobs is they're maybe not on a national level anymore, but on a local, state level, they're very it's hard to get let go from a government job, unless now, not on a federal level, but it's very steady, so a lot of steady blue collar jobs, and that's what you want for a strong resident base, especially in the type of properties and 1000 to $1,200 price range, you want those blue collar study growing jobs.   Keith Weinhold  17:31   Yes, you do have those there. It's funny. I'm smiling a bit because I used to be a state government employee, and there's just no way that they ever would have fired me. I was so protective I had to quit in order for them to have to replace me at that job. I'm wondering about the new supply that's come on, Alex, because a number of markets have added supply. I know, for example, that Redfin reports that little rock median home price appreciation is up 7.3% year over year, and with the dynamics going on in the market recently, that typically tells us that there hasn't been that much new supply added. Is that what's going on there?   Alex Craig  18:11   No, there hasn't been a lot of new supply. I just think with little rock and every other market, the mortgage rates have gone up. Home ownership is down during COVID. It was really hard to get an investment property. For what we did, sending out our list every week. It was basically send out our properties, people hitting send and not even knowing what they were reserving. Rates were just low, right? Everybody's jumping in. It was hard to get inventory. So now what we have is, you know, higher rates that scares some people off. It pushes some people out on the market, but it also creates opportunity. I feel like this is the easiest time I've been investing in real estate since 2007 that was the foreclosure crisis, Great Recession, and it was a lot of foreclosures on the market, and that's how I built a big chunk of my portfolio. But now it's just a matter of there's not as many people in it. So for us, there's just more acquisitions for us to go out and get. There's still distressed homes on the market where individuals don't want to hire a realtor, they just want all cash offers. They're ready to get rid of them, and that's where we step in. And without as much competition like I said, we kind of fly under the radar. I feel it creates more just supply inventory for us and for me as an investor, but also for our clients too   Keith Weinhold  19:23   with that in mind, and again, a lot of our audience is already on board, knowing that little rock in Arkansas is a good cash flow market with stable, long term fundamentals, but in order to make it more profitable, you've overlaid it with a certain strategy there in Little Rock. Tell us about that.    Alex Craig  19:45   So the BRRRR strategy, yes, it's able to work now because there's not as many buyers in the market. So basically, the way the burrs strategy works is we acquire a property. I'm just going to use very round, simple numbers for simple math makes it easier on me   Keith Weinhold  19:58   and we're talking the BRRRR. Strategy that's buy, renovate, rent, refinance, and repeat. Those are the five investor steps.   Alex Craig  20:07   correct. And so that's what we do, is we buy. Let's just say the B. Let's take the B, for example, we buy a home, and we buy it for 60,000 where I'm just talking like if I own the home, and then I put $20,000 into the deal. So now I'm all into it for 80,000 and you have to remember, there's some in between, cost of closing costs. I'm just talking just very general strategy. You buy it for 60, you put 20 into it, and all of a sudden you're in it for 80, and the value comes back at 100 so you're in it for 80% of the after repair value. Most Fannie Mae lenders will do 75% so if you purchase a house outright, you put 20% down, but if you are doing a refinance, you're able they'll do it at 75% so instead of buying a home and putting it down payment upfront, you're using equity in the deal. And that's what the burst strategy is, buy renovate. So we buy it, we renovate it, we refinance it, we rent it out, and then you repeat it. So it allows for investors to scale their portfolios quicker and stretch their money a little bit further. So if you've got, I've got $50,000 and I want to invest in real estate, if you purchase a home, you're bound by the down payment. Once you put that down payment, it's, I wouldn't call it sunk cost, but that money's gone for reinvesting. The burr model allows you to stretch that money a little bit further. Now, like I said, I gave pretty basic numbers to the deal, but that's what you're going for. Some equity in the deal, and that's what we're able to provide for ourselves and for our clients.   Keith Weinhold  21:38   So let's review that numbers on a little rock burp, making a $60,000 purchase with a pre renovated property. Then the investor puts another 20k into it for the renovation. So now they're all in for 80k and they get a 100k appraisal on that property, and then they can borrow, say, 75% of that there, that is the refi portion, the fourth letter of the BRRRR acronym. So therefore they've got 80k into it, and they got 75k back, meaning they would only have 5k into it, but maybe another 5k for closing costs, and now they only have 10k in to a 100k property. That's the appeal. That's what we're talking about here with the BRRRR   Alex Craig  22:22   strategy. I mean, you're exactly right. And as I mentioned, I use some really basic numbers, because when you're using, you know, 100,060 and 20 makes them very basic. It's pretty hard to find out a deal worth 100,000 these days, even when we started in the industry, 100,000 was a pretty cheap after pair value. Probably the mean value of the homes that we're dealing in is probably about 140 to 140 to 160 but same principle, based on those same logic that what we just talked about, I wouldn't say, you know, five or 10k out of pocket, but if you're talking about purchasing a deal with 25% down versus doing a bur you're probably going to be in it at 15% Out of pocket costs 10 to 15% as opposed to putting a down payment of 25% but the big thing is, you're getting money back, and you're not putting as much so just it's great for scale. I don't know if you'll talk about DSCR lending very much on your show, but that's something that a lot of our clients, and that does 80% so we have a lot of clients going that route now too.   Keith Weinhold  23:21   Okay, so you could do 80% with debt service coverage ratio loans, but to drop back in our example, to help be clear, the investor has 80k of their own skin in the game into the property, 60k for the purchase, 20k for the renovation, even though they only have 80k in it appraises for 100k that ARV, that after repair value. Why is the after repair value 100k when you only have 80k into it? Why is it more?   Alex Craig  23:49   that's based off comparable sales? So when you're in it at 80, and you're going to refinance it through a lender, they're going to send an appraiser out, and appraiser is going to pull comparable sales within that neighborhood. So just because you're in an 80 the appraiser is going to go pull three comps, very similar to that home. So if we're selling a three bedroom one bath, they're going to pull three comps at a three bedroom one bath, relatively the same size look, if it's got a carport, they're going to try to find three houses with the carport. So in theory, that's what they're doing. They're pulling comparable sales and developing new value based on recent sales.   Keith Weinhold  24:23   So it's that you have this knowledge to buy in neighborhoods and buy in certain sub markets, where, when you know that capital is added and renovations are made and a rehab period that they do tend to appraise for that value based on the comparables that are already there.   Alex Craig  24:40   Yeah. I mean, if we were to take the same house at 60,000 and didn't do any work, he would then say, well, you've got some comparables here versus 100 but you could never sell this home for 100 these are the things you have to do, and that's what we do during the first R the renovate of the acronym is to renovate the home to the condition that the. Appraisers feel that are comparable for the neighborhood, and that's a real important part, is comparable to the neighborhood. We could go in and put in a Jacuzzi tub and grain of countertops. We actually, we do put a lot of grain in, because we get it so cheap. But you could go in and fix it up to the nines, but it's not going to appraise for any more than the others, because the appraiser would say, we over improved it. So we improve it to what we know, what the kind of the standard for the neighborhood? Because you could over improve these things for sure and not get that return on that investment.   Keith Weinhold  25:28   That is a great answer. There is a specific improvement target that you know that needs to be hit. Tell us more about this burr process, because to an out of area investor, it can sound pretty intimidating if they had to manage contractors remotely themselves,   Alex Craig  25:43   there definitely is a need to have a team on the ground that you trust, that you feel comfortable with, and that's what we've done. I've been doing it in multiple markets for myself since 2007 and we built into a business model in 2010 like I said, expanded Little Rock in 2012 and we've been doing this for 15 years now for other investors. So we've got that name and that reputation of taking care of our investors, that's the important part. And we do see a lot of investors get burned, because you can find a realtor to go to help you find deals, but usually the realtor relationship is thesis to end. It's okay, I found you a deal, but then there's so many other things afterwards, and the renovations, where I see so many people get burned, and you know, we manage approximately 1200 homes between two markets, and that's where I see when property owners come to us, they've been burned the most. It's like they've paid somebody $50,000 they didn't finish the job, they didn't do what they say they're going to do. So the renovation that we're the team on the ground, we've got a in House Project Manager, we've got a network of subcontractors. We tend to act as the contractor, subbing things out. We've got in house property management. We've got all the tools, but it's really between both. In the markets in which I operate. I've got about 30 employees within property management, renovations, acquisitions, so the team on the ground is and then the back in the property management part is the long, ongoing accountability. So if something doesn't work out, that's the way we said it. If we say it's going to rent for 1200 and we rent it out for 900 Well, we really got a big egg on our face. You do a few of those, and that's how you don't stay in business anymore. And there's, and I like to say, about every five years the market corrects itself into getting the wrong players out of the business. COVID was super easy, easy to find deals, easy to sell deals. But once the market changed and it became a little more competitive and rates rose, that's the people that have been around for the long time, been in it for the long haul, that stick around. They've got the established business model and their reputation. So every five years, a good correction in the market eliminates those bad players.   Keith Weinhold  27:47   So you have this vetted, proven in play system that investors can get into besides just identifying the property, it comes with that system, those contractors or that investor just has one point of contact with you there for updates on the renovation.   Alex Craig  28:03   Yeah. I mean, I feel like we know these neighborhoods. I like I feel we know these neighborhoods like the back of our hand. We've been investing in them for a decade plus, and we know the areas you want to be in, the areas you don't want to be in. And we have a lot of investors will call us either they already own the property or they're a current client, and they'll say, Hey, I could get this deal for 30,000 and it's worth 100 and I'm like, Well, that sounds too good to be true, especially if it's on the open market. If it was that good of a deal, it's already gone. We just know the market, where to be. We know what to pay. We could, pretty much just through our experience, identify a house we know probably within about five to 10% before we even dive into comparable sales of what it's worth. We could walk through a house within probably about three to five minutes and peg the renovation costs probably within about 10% now we still order an inspection, and that's where we uncover the things that we can't see, that maybe there's a bunch of rotted out joist or a foundation problem that we didn't see. So, but there's things aside we could walk through and we pretty much know, okay, it needs a roof that's 7000 it needs an air conditioner that's six flooring, two. So that's the expertise that we bring and like. So then the management part of it, on the back end, that kind of ties it all together with accountability.   Keith Weinhold  29:22   And I know that your typical project renovation cost tends to be about 25k just for simplicity, we use 20k in that example, and your completion times are shorter than others that have inexperienced crews. So tell us about that typical renovation time. Alex.   Alex Craig  29:39   every day we're accomplishing 500 so 25,000 divided by 500 comes to 50 days, 50 days. So we'll knock that out in about 50 days. And we just have a large network of subcontractors that we've been working with for years. If you weren't in the business, I think that'd be really hard to accomplish, and there's just a lot that. Goes into it. I mean, the renovating the homes, it's the once, it's the worst, it's the hardest thing that we do. For sure, it's definitely the most scheduling, but it's where, if you don't know what you're doing, a great deal turns into, how do I get out of this?   Keith Weinhold  30:15   Right, absolutely. Now, in our example, we used where an investor puts 60k into it for the purchase to start with, because I see the burst strategy is a good strategy. If someone doesn't have a lot of capital, like they would for maybe a new build property, can one even finance that initial purchase amount?   Alex Craig  30:35   Yeah, so private lending. So that's the part that makes if you've only got 50 grand to facilitate this entire process, and you want to try to repeat it as many times as you can. 50,000 would not be enough just to pay cash. So yes, we have private lending. We set that up. Sometimes we lend it ourselves. Sometimes we outsource it to some of our strategic partners, but we'll lend the money to buy and renovate the home. A typical what that loan would look like it's about 3.3 points of loan origination. So if you've got an $80,000 loan, that's $2,400 most lenders do require for you to bring that up front, and now you're in it for an $80,000 loan at 12% which, five years ago, that sounded crazy to borrow at 12% but with for private lending, that's not bad at all, especially you want to get in and out of it quickly. So if we're renovating the home, and you know, 50 days, if you're already pre approved with your lender, and they have all your documents by the time we finish renovating the home, the appraisals lined up, and you could be in and out of these private loans in about 90 days. That love that depends on the lending side, that you're giving the lender what they need. But ideally you want to be in these things about 90 to 120 days. So $80,000 loan at 12% that $800 a month. So if you're in it for 90 days, 800 times 320, 700 plus the loan origination fee. But that's how you do it. That's the you're just borrowing money to finance the acquisition, the rehab and the refinance   Keith Weinhold  32:03   that is an option for you if you don't have the cash here to come in with these burr strategy properties. Alex, tell us more about it. Really, what I would like to know is, when an investor gets their appraisal, their after repair value, how many want to sell it for a profit, and how many want to hold it with a tenant for long term income   Alex Craig  32:26   so far, zero. Want to sell it for a profit. If you're all in it for add and then you're selling for 100 once you sell it, there are other fees involved. You got to hire a realtor. Right now is a great time to hold it's a slow real estate market. I don't think Little Rock from an aspect, is where home ownership is down. I think that's a nationwide thing. So I think if you're going into this, you certainly want to look at it from perspective. This is a buy and hold. I don't think this is the best market to get into to buy something. Flip it with a in the example, we use a $20,000 margin with buyer concessions, realtor commissions. That's a lot of work involved. And let's just say it did work out. You sold it for 100 but you had to pay 2% closing in an agent fee, and you got some holding cost. Let's just say you netted 8000 that might be good for a six month return, but I feel like there's a lot of risk. I feel like our job as what we do for our clients, is to minimize risk. So someone came and said, Hey, I want to flip it. I would say, Well, I don't think it's the best market for it right now. I think you want to get into this buy and hold.   Keith Weinhold  33:29   Yes, Alex has been doing this for a long time, and he's a specific expert right there in that local market. Buy and hold is a strategy that most likely makes sense. And he also strongly recommends pay cash if possible, instead of using that 12% short term private lending option, like he mentioned before, because that can cut out about four to 5k worth of transactional cost. And then if you do buy and hold what Alex and his company offer there in Little Rock is essentially a cash flow boost, 0% management fee in year one and only 4% in year two. So that gives you some extra cash flow runway as well. And Alex, before I ask you if you have any last thoughts, I want to announce to you the audience, that we have a live event virtually next week, on July 17, at 8pm eastern for Little Rock BRRRRproperties that Alex is CO hosting with our investment coach, Naresh, where you can find these bird deals in this cash flowing market. In Little Rock you'll see actual bird deals recently completed with full breakdowns of their purchase prices, sort of these case studies, where you can see some real numbers and what the rehab budgets are and what the actual timelines were, and what the refi outcomes were like, and explore BRRRR ready properties that are currently available to own, if you so choose, on this upcoming live event that you can attend from the comfort of your own home. Learn the full process, from acquisition to renovation to property management to the financing of them, and again, everything is all handled by local experts, so that you don't have to live with the nightmare of remotely managing contractors, which I couldn't imagine doing. So whether you're a first time investor or you're scaling your portfolio, this is your chance to get boots on the ground, insight and a proven road map to burr success and really one of the most accessible markets in the country. Again, Alex here is CO hosting the event along with GRE investment coach, Naresh Vissa. It is a free, live virtual event again next week, Thursday, July 17, at 8pm Eastern. Sign up is open now at gre webinars.com it ought to be great. Alex, teaming with local experts like you has been of real benefit to our audience. Do you have any last thoughts about either Little Rock or burrs or the events that you're going to co host with our audience next week?   Alex Craig  35:57   So here's my last thought, as you were, you know, kind of concluding and I was reviewing what we had talked about. And one of the questions we get sometimes it's a fair question. It's like, well, if this is such a great deal, why don't you keep all the deals? So we hear that from time to time, and the simple answer is, we do. We do keep a lot of deals, and we're buying more real estate now, like I said, I feel like it's the easiest time to get into real estate. So we do, we do keep a lot. We're building a very large portfolio right now, but the house flipping to investors is just another business model that we have. And Property Management too. And we love property management, and we love building investor relationships. We've had a lot of investors we've had been with us since day one that we've developed really tight relationships with. So yes, we do keep a lot of the properties, and we sell properties too, and we and helps us build our management company, which you don't hear too many people say this, but we actually love property management. That's a hard thing to love, but we actually like it.   Keith Weinhold  36:54   That is more weird than Tom wheelwright loving taxes, perhaps, but Right. But I want to deal with somebody that really loves what they're doing, especially when they're protecting our asset and probably more importantly, when it comes to property management, protecting our time. So that's right, Alex, well, our viewers and listeners are really looking forward to it next week, again, that live event Thursday, July 17, at 8pm Eastern is something that you can sign up for now at grewebinars.com. Alex, we're looking forward to it next week.   Alex Craig  37:27   Bye, Keith, thank you.   Keith Weinhold  37:34   Oh yeah. Terrific overview on why the burr strategy can be so profitable. And our event next week. Now, when you rent your primary residence, which you would typically do in a high cost area, and then you own rental property elsewhere, typically a low cost area, do you know what that's called? Yeah, there is a name for that. Last week we spoke to two listener guests in California that are doing just that. That is called rentvesting. And yes, Little Rock is surely a popular low cost market for rentvesting. I have been on the ground myself in Little Rock with Alex's associate to do an on the ground tour of properties. There you want to tap into a system where you've got the guiding hand of both experience and belief. That's what you're doing here. As like he said, Alex personally owns 75 doors there. That is belief, and he's been doing this for out of area investors for 15 years. That's the experience part real proof of concept at next week's event, you'll be introduced to this same system where you can lean on their team for acquisition, renovation and management. Little Rock has an MSA population of about 770,000 but I think more importantly today, savvy investors are conscientious of keeping their expenses down, and for good reason, since they've been up all over the place. Now, the purchase price is 140 to 160k for these BRRRR optimized single family rentals. Remember that we used 100k just for ease of an example there, usually when you buy income property, you're really in at close to 25% of the purchase price when you add up the down payment and closing costs, but this way, you're in for just about half of that at 10 to 15% another low expense is that property tax, statewide, Arkansas Property Tax is just 610 of 1% so that's half the national average. And then your management expense is definitely going to be low for the first two years, because it is 0% in year one and 4% in year two. And these are properties that you can actually be pretty proud of. You'll learn more about this. Scope of work with a renovation on the webinar, often granite countertops in the kitchen is a live, remote event. So this means that you can have any of your questions answered in real time. Should you have them? As you can imagine, demand is high for these properties, and this is a chance to get connected directly with the team that makes it happen. We might never get Alex on an event like this again, and is co hosted with our GRE investment coach, Naresh. It's next week. It's free, Thursday, July 17, at 8pm Eastern, 5pm Pacific. Sign up now, or your future self might not be able to forgive yourself. You can do that now at grewebinars.com Until next week, I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 3  40:56   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Keith Weinhold  41:19   You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access and it's got pay walls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters, and I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read, and when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now just text. GRE to 66866, while it's on your mind, take a moment to do it right now. Text, gre to 66866   Keith Weinhold  42:35   The preceding program was brought to you by your home for wealth, building, getricheducation.com.

The Guadalupe River in Central Texas rose more than two feet in less than an hour, according to state officials. We speak to Rice University professor Avantika Gori about why the storm was so intense and what can be done to better warn people ahead of such intense weather. And, the sweeping domestic policy bill that President Trump signed into law last week ends incentives for wind and solar energy. Reporter Matthew Daly unpacks the future of U.S. energy. Then, government statistics show the number of people taking second jobs is almost as high as it was during the Great Recession. Wall Street Journal columnist Callum Borchers explains why.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

Lauren Aloise started leading food tours in Madrid during the Great Recession, and had soon turned Devour Tours into a thriving business. Learn how Lauren went from recipe blogger to travel entrepreneur, her favorite regional Spanish foods, what she thinks about the future of Spanish tourism (and the risk posed by anti-tourism protests) and more.Book a food tour in Madrid, Barcelona or elsewhere at https://expatmadrid.com/devour/Walking tours and unique experiences with Devour's sister company, Walks Tours here: https://expatmadrid.com/walks/Or check out the recipe blog that started it all, it's called Spanish Sabores and it's at https://spanishsabores.com/

Why does the economy look great on paper but feel terrible in your wallet? There might be a more revealing economic indicator hiding in your Spotify queue. "Recession Pop" first emerged during the Great Recession and exploded into playlists, radio formats, and DJ sets in 2024. From melancholy indie anthems to escapist dance tracks, the songs we gravitate toward during uncertain times might predict where the economy is headed next. Host Jonquilin Hill explores this musical phenomenon on Vox's "Explain it To Me," with Charlie joining in the second half to decode what our streaming habits reveal about financial anxiety and economic forecasting. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Five Obsessions of Elite Organizations with Michael ErathIn this episode of the Daily Mastermind, host George Wright III interviews Michael Erath, founder of Next Level Growth and author of 'Rise' and 'Five Obsessions of Elite Organizations'. Michael shares his journey of building a $45 million empire, losing it all, and then rebuilding from scratch. The discussion delves into his coaching methods for CEOs on scaling with clarity, the importance of having systems in place, and the five key obsessions that drive elite organizations: great people, inspiring purpose, optimized playbooks, a culture of performance, and growing profits and cash flow. Michael also emphasizes the need for radical honesty and effective coaching within organizations and shares strategies for hiring A players. The episode underscores the significance of mindset and intentionality in achieving business excellence.00:53 Michael Erath's Background and Early Career02:52 Challenges and Setbacks in Business04:03 Rebuilding and Developing Systems08:41 Core Values and Leadership15:42 The Five Obsessions of Elite Organizations22:32 The Importance of Playbooks in Sales Teams29:01 The Role of Profit and Cash Flow36:21 Finding the Right People for the Job39:54 Final Thoughts and Advice for EntrepreneursYou have GREATNESS inside you. I BELIEVE in You. Let's Make Today the Day You Unleash Your Potential!George Wright IIICEO, The Daily Mastermind | Evolution X_________________________________________________________P.S. Whenever you're ready, here are ways I can help you…Get to know me:1. Subscribe to The Daily Mastermind Podcast- daily inspiration, motivation, education2. Follow me on social media Facebook | Instagram | Linkedin | TikTok | Youtube3. Get the Prosperity Pillars Poster I Developed over 20 years from my Mentors.Work with me:My mission is to help you Master Your Mind, Money, & Business, and I firmly believe:It's Never Too Late to Create the Life You Were Meant to Live…a LIFESTYLE of Health, Wealth, and Happiness. Here are ways I've been able to help thousands of people over the past 20 years… 4. FREE DOWNLOAD: Download the FREE 12-Day Authority Formula Email Course.5. JOIN THE EVOLUTION: A Private Members Only Mastermind Group that includes Weekly Group CEO Mentoring, Courses, Resources & Live Events. We will Grow Your Authority.6. GET FEATURED: Grow Your Brand and Authority by getting interviewed and featured alongside celebrities and experts in Valiant CEO Magazine online.7. AUTHORITY LAUNCH: Get a Custom Authority Blueprint that will help you to Quickly Grow Massive Authority and Get Seen by Thousands in Less than One Hour using our Proven Formula.About Michael ErathMichael Erath is a seasoned entrepreneur who transformed his family's $8M business into a $45M global enterprise. After facing significant setbacks, including the Great Recession and internal fraud, he rebuilt his career by founding Next Level Growth. Michael is also the author of best-selling books like RISE: The Reincarnation of an Entrepreneur and The Five Obsessions of Elite Organizations.Resources:Website: nextlevelgrowth.comBook: Five Obsessions of Elite Organizations LinkedIn: Michael ErathYouTube Interview: Key Habits of Successful Organizations

As policymakers in Washington debate major legislation that, as written, would significantly reduce federal spending on Medicaid, Citizens Research Council released a brief primer on Medicaid in Michigan and the impact of those proposed cuts. Research Council Health Policy Associate Karley Abramson, the author of the paper, discusses the human and economic impacts of the proposed cuts with Research Council President, Eric Lupher. Senior Research Associate for State Affairs Bob Schneider joined the conversation with important context about the effect of the proposed cuts on Michigan's budget, likely to experience a loss of at least $2 billion per year if the bill passes as is. “As a matter of policy, Medicaid is relatively complicated, so it is not always easy to understand how a change in the law might impact the actual delivery of health care on the ground,” said Abramson. “If you are not familiar with how Medicaid eligibility and funding work, you would not necessarily realize how dramatically the proposed legislation could impact people and health care providers in the state.” Medicaid provides health insurance coverage to a significant portion of Michigan's residents (~23 percent) and is a vital component of the payment mix that health care providers rely on. Medicaid has taken on a larger role in Michigan over the last two decades, with spikes in enrollment during periods of economic downturns (2009 Great Recession and 2021 COVID-19) and the program's 2014 expansion under the Affordable Care Act. “We want to help establish the public understanding of how Medicaid works,” said Eric Lupher, president of the Citizens Research Council of Michigan. “Medicaid has such a large impact on the state, both as a share of the state budget and in terms of how many people have health insurance through the program.” If federal legislation is enacted with substantial cuts to Medicaid, states will be left to respond to problems on two related fronts: the impact on people losing care and the impact on those providing care. Cuts to Medicaid will increase the uninsured population by at least 200,000 residents who will be impacted by the effects of delayed care and increased financial hardship. On the provider side, the proposed Medicaid cuts may imperil local hospitals, particularly in rural areas, as well as other types of providers. If Medicaid spending is reduced substantially, some rural providers are likely to become unviable, which will not only impact those losing Medicaid coverage but also affect people living in those areas who have secure, private coverage. Policymakers will face difficult choices as the state is, necessitating cuts to the program, reductions elsewhere, or new revenue sources – none of which are attractive options.

Millennials' financial lives have been profoundly shaped by two economic events: the Great Recession of 2008 and the pandemic-era shutdowns. Now, the prospect of a third recession looms — what's this generation to do? Host Julia Carpenter explores what this could mean for millennials and their ability to prepare for the future.  Sign up for the WSJ's free Markets A.M. newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

What happens when a lawyer stops accepting inefficiency as “just the way things are”? In this episode, Zack Glaser talks with attorney and legal tech founder Katya Fisher about her journey from launching a solo practice during the Great Recession to building scalable tools for transactional lawyers.  Katya shares how her legal experience—spanning BigLaw, in-house, and solo practice—revealed pain points in the dealmaking process that technology still hadn't solved. She explains how she went from identifying those issues to building software that brings clarity, organization, and efficiency to high-stakes legal work.  Along the way, Katya unpacks:  The scrappy start to her legal career  How working solo gave her an edge inside a global corporate group  What legal professionals need to know about scaling their ideas  Why tech tools fail lawyers—and how that can change  Whether you're a lawyer thinking beyond the billable or simply curious how innovation happens in the legal world, this episode delivers practical insights with an entrepreneurial twist.  Listen to our other episodes on entrepreneurship:   #411: Staying Entrepreneurial at a Bigger Firm, with Nick Pleasants  Apple Podcast |  Lawyerist  #268: Riding the Entrepreneurial Rollercoaster, with Cameron Herold Apple Podcast | Lawyerist   #205: Entrepreneurial Poverty & Why Average Law Firms Lose, with Mike Michalowicz Apple Podcast | Lawyerist     Have thoughts about today's episode? Join the conversation on LinkedIn, Facebook, Instagram, and X!  If today's podcast resonates with you and you haven't read The Small Firm Roadmap Revisited yet, get the first chapter right now for free! Looking for help beyond the book? See if our coaching community is right for you.  Access more resources from Lawyerist at lawyerist.com.     Chapters/Timestamps:   00:00 Introduction: The Entrepreneurial Lawyer  01:02 Quarterly Planning: Intentional Business Growth  07:15 Solo Practice Origins: Scrappy Beginnings  13:36 The Competitive Advantage of Broad Experience  17:51 ADHD as a Superpower: Hyperfocus and Foresight  23:36 Accurately Identify a Business Problem  30:40 From Idea to Product: Building a Product or Workflow  36:10 Articulating Vision and Gaining Buy-In  41:14 Lessons Learned: Advice for Aspiring Innovators 

What happens when a lawyer stops accepting inefficiency as “just the way things are”? In this episode, Zack Glaser talks with attorney and legal tech founder Katya Fisher about her journey from launching a solo practice during the Great Recession to building scalable tools for transactional lawyers.  Katya shares how her legal experience—spanning BigLaw, in-house, and solo practice—revealed pain points in the dealmaking process that technology still hadn't solved. She explains how she went from identifying those issues to building software that brings clarity, organization, and efficiency to high-stakes legal work.  Along the way, Katya unpacks:  The scrappy start to her legal career  How working solo gave her an edge inside a global corporate group  What legal professionals need to know about scaling their ideas  Why tech tools fail lawyers—and how that can change  Whether you're a lawyer thinking beyond the billable or simply curious how innovation happens in the legal world, this episode delivers practical insights with an entrepreneurial twist.  Listen to our other episodes on entrepreneurship:   #411: Staying Entrepreneurial at a Bigger Firm, with Nick Pleasants  Apple Podcast |  Lawyerist  #268: Riding the Entrepreneurial Rollercoaster, with Cameron Herold Apple Podcast | Lawyerist   #205: Entrepreneurial Poverty & Why Average Law Firms Lose, with Mike Michalowicz Apple Podcast | Lawyerist     Have thoughts about today's episode? Join the conversation on LinkedIn, Facebook, Instagram, and X!  If today's podcast resonates with you and you haven't read The Small Firm Roadmap Revisited yet, get the first chapter right now for free! Looking for help beyond the book? See if our coaching community is right for you.  Access more resources from Lawyerist at lawyerist.com.     Chapters/Timestamps:   00:00 Introduction: The Entrepreneurial Lawyer  01:02 Quarterly Planning: Intentional Business Growth  07:15 Solo Practice Origins: Scrappy Beginnings  13:36 The Competitive Advantage of Broad Experience  17:51 ADHD as a Superpower: Hyperfocus and Foresight  23:36 Accurately Identify a Business Problem  30:40 From Idea to Product: Building a Product or Workflow  36:10 Articulating Vision and Gaining Buy-In  41:14 Lessons Learned: Advice for Aspiring Innovators  Learn more about your ad choices. Visit megaphone.fm/adchoices

Many home sellers are still sitting on strong equity, but that's not the case everywhere. A new Redfin analysis reveals nearly 6% of homes listed in May were at risk of selling at a loss—up from 4.4% last year. The risk climbs sharply for condos and homes bought after the pandemic, especially in markets like San Francisco and Austin. Nationwide, nearly one in three condos purchased post-2022 could sell below their original price. While losses remain rare compared to the aftermath of the Great Recession, today's buyers are gaining more leverage as sellers face pressure to adjust. Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of Destination on the Left, Liza Graves shares her journey growing a 100% digital lifestyle publication that she started as a way to help small businesses through the recession. She talks about why it is important to find your North Star and how that can guide you through the ups and downs. We talk through some of the unique ways that StyleBlueprint helps DMOs and tourism businesses reach a traveling audience. What You Will Learn in This Episode: How Liza launched StyleBlueprint during the Great Recession to help support local businesses and why that mission has been the cornerstone of her company's growth Why it's essential to know your North Star as a business or destination, and how that core purpose can help you navigate challenges like economic downturns and the pandemic What it means to tell authentic, experience-driven stories about destinations and small businesses, and why origin stories resonate so powerfully with target audiences How StyleBlueprint partners with destinations and DMOs, and what makes a successful collaboration, including the role of co-ops and customized storytelling Why identifying your brand or destination's true story matters more than following trends, and Liza's tips for discovering and communicating those stories effectively How to break through the clutter when pitching stories to media outlets or digital publications, based on Liza's frontline advice for PR professionals and marketers What collaboration and community-building look like in practice, and why Liza believes working together leads to more sustainable, meaningful growth for destinations and businesses Finding Your North Star From the Great Recession to catastrophic floods and the uncertainty of the pandemic, Liza knows a thing or two about leading through adversity. Her advice is to have a clear North Star, your guiding purpose and values that keep you focused through turbulent times. During the pandemic, StyleBlueprint leaned deeply into its core mission: supporting local. Liza reached out personally to partners, offered flexible arrangements, and championed resources like PPP guidance. Because these actions were rooted in authentic care and community, her business not only weathered the storm but emerged stronger and with deeper trust. Her experience is a master class for tourism professionals: know your core, communicate gratitude, and adapt your offerings while never losing sight of the people and partners who make your destination or business possible. Finding and Telling Destination Stories That Resonate One of the signature advantages of StyleBlueprint is the way it dives deep, trading five-point “Top Things to Do” lists for rich, immersive lifestyle features. Liza advocates for destinations and businesses to invest time in uncovering their true stories, often starting with their own origin. Why did you open your restaurant, shop, or B&B? What local traditions or quirks define your town? It's not always easy to surface the stories closest to us—we're often “too close” to see what's special. Liza encourages hiring a professional storyteller if needed, or leveraging AI tools as a prompt to reflect on why your place or business exists and what personally resonates about its history or community role. These stories aren't just interesting, they magnetize your ideal visitor and forge lasting emotional connections. Strength in Partnerships A standout takeaway from the episode is Liza's embrace of “coopetition”—forming strategic, collaborative storytelling and marketing partnerships even among traditional competitors. StyleBlueprint's co-op articles group similar destinations, such as “guys' weekend getaways” or “mother-daughter retreats,” giving readers variety and context while offering participating locales a cost-effective, high-impact platform. These efforts enhance authenticity and make it easier for destinations to identify and communicate the unique experiences they offer. The key, as Liza notes, is partnering with platforms that “overdeliver,” know their audiences, and, most importantly, care. Resources: Website: https://styleblueprint.com/ LinkedIn Personal: https://www.linkedin.com/in/lizagraves/ LinkedIn Business: https://www.linkedin.com/company/blueprint-inc-local/ Subscribe to StyleBlueprint's daily emails: https://styleblueprint.com/ac-subscribe/ We value your thoughts and feedback and would love to hear from you. Leave us a review on your favorite streaming platform to let us know what you want to hear more o​f. Here is a quick tutorial on how to leave us a rating and review on iTunes!

In this conversation, Dylan Silver interviews Brenden Rendo, a seasoned real estate agent in Florida, who shares his journey from medical sales to real estate. They discuss the impact of the Great Recession on Florida's housing market, current trends, challenges in the condo market, and the economic factors affecting real estate and interest rates. Brenden provides insights into the future of Florida's real estate market and offers strategies for buyers and sellers navigating the current landscape.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In the world of business, yet again, things looks grim. A brewing trade war, the uncharted fallout of artificial intelligence, and political upheaval around the world... All these factors have created an atmosphere of business uncertainty. Marketing jobs and budgets face the specter of the chopping block once again, and many are taking a "batten down the hatches" approach. But at a time like this, it's important to remember: when everyone else goes quiet, your voice carries that much further. And so in this episode, we're revisiting a pivotal conversation with Joe Pulizzi from the peak of the Covid lockdowns. When uncertainty was at its worst, he shared the story of how he raised the multi-million-dollar brand "Content Marketing Institute" from the ashes of an entrepreneurial venture that failed during the Great Recession. By "going big" on branded media when everyone else went home, that fledgling company changed marketing forever, rebranding the notion of "Content Marketing" and forging a media empire. Pulizzi would go on to launch the "Content Marketing World" conference, write three best-selling books and co-launch “This Old Marketing” the podcast. And his advice will come as a breath of fresh air for communications professionals who are uncertain about what comes after 2025. It certainly did for Dusty in 2020. As he reveals for the first time in this episode, he was close to despair about the future of Podcamp Media when he first had this conversation with Joe. But the interview forced Dusty to take a deep breath, double down on his podcast content marketing strategy, and dig in on making Podcamp Media succeed. And here we are today. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Top Contractor School Podcast, where we equip elite contractors with the mindset, tools, and community to grow businesses that make a difference. In this episode, Eric Guy sits down with Dejah Anderson, COO of Anderson Striping and Construction, to explore her journey from answering phones during the Great Recession to leading operations for a multi-state business. Dejah shares what it's like growing up in a family-run company, leading with resilience, and forging a path as a woman in the construction industry. 

In this episode, I sit down with René Lacerte, founder and CEO of Bill. René shares his entrepreneurial journey from growing up in a fintech family to building one of the most successful SMB financial platforms. We dive into his failed pitch to Intuit that led to his first company, why he parted ways with PayCycle to start Bill, and how he navigated the company through the Great Recession while dealing with personal loss. René also discusses his decision to go public in 2019, the strategic acquisition of Divvy, and why he believes accountability drives performance. We explore how AI is transforming financial operations and his insights on building for the underserved SMB market.René Lacerte: https://www.linkedin.com/in/renelacerte/00:00:00 - There's Nothing Like Being a Public Company00:00:31 - René's Journey: From Fintech Family to Founder00:02:08 - What Was Your Mother Doing the Night You Were Born?00:03:16 - The Dinner Table MBA: Learning Business from Family00:05:22 - From Florida to Silicon Valley: Early Tech Roots00:07:18 - The Failed Intuit Pitch That Started Everything00:09:16 - PayCycle: From Nanny Payroll to Accounting Firms00:11:14 - Why René Left PayCycle to Start Bill00:14:20 - The Great Recession: Laying Off 40% of the Team00:18:36 - Why Solo Founders Make Faster Decisions00:22:16 - How to Reach SMBs: Go Where They Trust00:24:34 - The Scale That Unlocked Bill's IPO Journey00:27:05 - Why Accountability Drives Better Performance00:31:07 - The Problem with Dual Class Share Structures00:33:22 - The Divvy Acquisition: Getting 100% of Spend Data00:38:15 - Bill vs Competition: We Started with Financial Ops00:42:10 - How AI Will Create Fortune 500 Teams for SMBs00:44:36 - Building for SMBs: Passion and Hacking Solutions___Connect with Rex on social media:LinkedIn: https://www.linkedin.com/in/rexsalisbury/Twitter: https://twitter.com/rexsalisburyTikTok: https://www.tiktok.com/@rex.salisburyInstagram: https://www.instagram.com/rexsalisbury/

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At a time when debates over tariffs, regulation, and the scope of government are back at center stage. Is this time in American history unprecedented, or can we find parallels in the past? For example, has trade “hollowed out” U.S. manufacturing—or have fact tariffs like the Corn Laws in Britain hurt working-class families the most? Was the Great Depression a failure of capitalism—rather than a policy crisis worsened by poor monetary responses and overreach? Today’s guest is Phil Gramm, a former U.S. Senator and author of “The Triumph of Economic Freedom.” We look at five periods of American history—the Industrial Revolution, Progressive Era, Great Depression, decline of America’s postwar preeminence in world trade, and the Great Recession—along with the existing levels of income inequality and poverty, leads many to believe in expanding government in American life. Gramm argues that the evidence points to a contrary verdict: government interference and failed policies pose the most significant threat to economic freedom.See omnystudio.com/listener for privacy information.

When experts warn that the economy could be headed for a recession, people working across different corners of the economy get nervous. People working in healthcare, maybe less so. That's because of a longstanding idea that healthcare is impervious to recession. Okay, maybe that's overstating it. Healthcare is less susceptible than other industries. But did this notion hold up during the pandemic? During the Great Recession? More importantly, will it hold up now? This week on Radio Advisory, host Rachel (Rae) Woods invites Advisory Board Research Vice Presidents Shay Pratt and Vidal Seegobin to debate the question: Is healthcare really recession-proof? We are not economists, we are healthcare experts. So throughout the conversation, they reflect on how past dislocations affected the healthcare industry, and what leaders can—and can't—learn from these events to help them interpret the current turbulence. Plus, stay tuned to the end of the episode for a policy update on the ripple effects of Secretary Kennedy's recent shakeup of the CDC's vaccine advisory committee. We're here to help: Listen: Ep. 244: What's happened in Washington (so far) and what policy changes we're bracing for Read: Healthcare policy updates Read: How the Great Recession impacted inpatient utilization Read: Could a recession be good for healthcare? Some economists think so. Additional resources related to the Advisory Committee on Immunization practices: Meet the new members of CDC's vaccine advisory panel Understanding the ACIP and How Vaccine Recommendations are Made in the US 4 ways to improve site-of-care transitions for sickle cell patients How VCU built an 'inescapable' Adult Sickle Cell Medical Home to improve inpatient to outpatient transitions of care 4 keys to success in the New England Sickle Cell Institute's outpatient program for adult sickle cell patients Health policy playlist Modeling Reemergence of Vaccine-Eliminated Infectious Diseases Under Declining Vaccination in the US | Infectious Diseases | JAMA | JAMA Network A transcript of this episode as well as more information and resources can be found on RadioAdvisory.advisory.com.

With school out for the summer, many Wisconsin families face a growing challenge: feeding their children. According to Feeding Wisconsin, around 400,000 kids in the state lose access to regular school meals during summer break. “We always see a spike in food pantry demand during these months,” said Jackie Anderson, Executive Director of Feeding Wisconsin. That’s because parents must now fill the gap once covered by school breakfasts and lunches. “We’re seeing the biggest increase in childhood hunger since the Great Recession,” Anderson added. Statewide, more than 618,000 people are considered food insecure. That means they don’t always know where their next meal will come from. “That’s the reality too many are living in,” Anderson said. “One in 10 adults and one in six children in Wisconsin face food insecurity.”See omnystudio.com/listener for privacy information.

In this episode, Micah Lacher, Principal of Anchor Investments and Mission Hotels, shares his mission to build America's most generous real estate company through the power of hospitality. The discussion covers Micah's journey from starting Anchor Investments during the Great Recession to his innovative approach to hospitality and real estate. We get into the importance of generosity in business, the challenges and rewards of converting historic buildings into hotels, and the impact of providing hospitality to both paying guests and those in need. This episode offers valuable insights for hospitality leaders, operators, and investors looking to integrate purpose and generosity into their business models. A few more resources: If you're new to Hospitality Daily, start here. You can send me a message here with questions, comments, or guest suggestions If you want to get my summary and actionable insights from each episode delivered to your inbox each day, subscribe here for free. Follow Hospitality Daily and join the conversation on YouTube, LinkedIn, and Instagram. If you want to advertise on Hospitality Daily, here are the ways we can work together. If you found this episode interesting or helpful, send it to someone on your team so you can turn the ideas into action and benefit your business and the people you serve! Music for this show is produced by Clay Bassford of Bespoke Sound: Music Identity Design for Hospitality Brands

The Agenda's week in review looks at whether inequality has gotten worse since the Great Recession; and what the future of populism might look like in Canada.See omnystudio.com/listener for privacy information.

At 16, Shellye Archambeau already knew she wanted to be a CEO. And early in her career at IBM, after closing a massive deal with RiteAid, it felt like she was well on her way. But then, at the last minute, the deal fell through. Shellye felt utterly defeated - until a conversation with her husband helped her realize that there had been a failure … but that didn't mean she was a failure. Shellye went on to have a thriving career at IBM and beyond, with the lessons learned from that early setback helping her overcome all the challenges she faced along the way. By the time Shellye became CEO of the software company Metricstream, she felt like she was ready to handle anything. But then the Great Recession of 2008 hit. Just like that, business dried up. Suddenly, Shellye was faced with one of the most difficult decisions of her career. Would they fold? Or would they fight? In this episode, Shellye joins Brenda to talk about the importance of demonstrating resilience as a leader when times get tough, why a great team is everything, and how you can turn your lowest career moments into a productive story to share in your next job interview.  For more, check out Shellye and her work... On LinkedIn - /shellye-archambeau On Instagram - @shelarchambeau On X - @ShelArchambeau On the Web - shellye.com And check out Shelley's latest book, Unapologetically Ambitious --- At  AnitaB.org  we  challenge  the  systems  and  misconceptions  that  limit  human potential. What  sets  us  apart  is  our  unwavering  commitment  to  disrupting  the status  quo  while  honoring  the  full  humanity  of  every  individual.  We  cultivate spaces where people can be vulnerable, seen, and supported without judgement. Because progress starts with truth, empathy, and the courage to build something better for all. --- Connect with AnitaB.org Instagram - @anitab_org Facebook - /anitab.0rg LinkedIn - /anitab-org On the web - anitab.org  --- Our guests contribute to this podcast in their personal capacity. The views expressed in this interview are their own and do not necessarily represent the views of Anita Borg Institute for Women and Technology or its employees (“AnitaB.org”). AnitaB.org is not responsible for and does not verify the accuracy of the information provided in the podcast series. The primary purpose of this podcast is to educate and inform. This podcast series does not constitute legal or other professional advice or services. --- B The Way Forward Is… Hosted and Executive Produced by Brenda Darden Wilkerson. Produced by Avi Glijansky Associate Produced by Kelli Kyle Sound design and editing by Ryan Hammond  Mixing and mastering by Julian Kwasneski  Additional Producing help from Faith Krogulecki Operations Coordination for AnitaB.org by Quinton Sprull. Creative Director for AnitaB.org is Deandra Coleman Executive Produced by Dominique Ferrari, Stacey Book, and Avi Glijansky for Frequency Machine  Photo of Brenda Darden Wilkerson by Mandisa Media ProductionsFor more ways to be the way forward, visit AnitaB.org

The dip in global population is something that's been gaining attention as of late, but mostly in the abstract. Something concrete in that dip is about to come due this fall, a staggering drop in the number of available 18+ year olds for the traditional college path. The first bellwether in what my guest for this episode labeled in a piece that, America is about to go over the ‘demographic cliff'. Journalist Jon Marcus, joins for this episode to explore the intersection of demographic shifts, higher education, and the implications for the workforce. The conversation highlights the decline in birth rates, the resulting impact on college enrollment, and the broader economic consequences of college closures. We also get into the cultural perceptions of the value of a college degree and the challenges faced by institutions in adapting to these changes. Before ending on potential strategies for colleges to navigate the impending demographic cliff and its effects on education and the economy.

The first episode of The Agenda aired in September of 2006. Two years later we were in the midst of the Great Financial Crisis. From there, the Occupy movement put the concept of the 1% and the issue of inequality front-and-centre. In the nearly two decades we've been having conversations about the economy and politics here on The Agenda, have we become a more or less equal society? Have we become a more or less fair society? And how has the anger and fallout from the financial crisis fueled the populism and seismic political shifts we are seeing today?See omnystudio.com/listener for privacy information.

Joseph Gradante | CEO of Allio Capital Joseph Gradante is the Co-Founder and CEO of Allio Capital, bringing 15+ years of experience as a global macro strategist and money manager. From Wall Street during the Great Recession to launching Allio, Joseph combines traditional finance with modern innovation to help investors navigate today's volatile markets. In this episode, we explore how elections, policy, and geopolitics shape the economy—and how Allio equips investors to manage risk in an era of fiscal turbulence. Joseph also hosts Orwellian Optics, where he shares sharp, independent takes on how government decisions affect your financial future. We have a new show on Lions of Liberty! The Politicks Podcast! Be sure to subscribe to the standalone Politicks Podcast feed. This is the absolute best way to support the show! Listen and subscribe on Apple Podcasts and Spotify. And remember, they're all Blood Suckers! Subscribe to John's Finding Freedom Show solo feed to listen to “Pursuit of Freedom,” which is a new podcast series where John shares the highs and lows of his entrepreneurial journey. Listen and Subscribe on Apple Podcasts and Spotify. Follow the Lions of Liberty: Twitter Rumble YouTube Instagram Telegram Get access to all of our bonus audio content, livestreams, behind-the-scenes segments and more for as little as $5 per month by joining the Lions of Liberty Pride on Patreon OR support us on Locals! Check out our merchandise at the Lions of Liberty Store for all of our awesome t-shirts, mugs and hats! Learn more about your ad choices. Visit megaphone.fm/adchoices

Joseph Gradante | CEO of Allio Capital Joseph Gradante is the Co-Founder and CEO of Allio Capital, bringing 15+ years of experience as a global macro strategist and money manager. From Wall Street during the Great Recession to launching Allio, Joseph combines traditional finance with modern innovation to help investors navigate today's volatile markets. In this episode, we explore how elections, policy, and geopolitics shape the economy—and how Allio equips investors to manage risk in an era of fiscal turbulence. Joseph also hosts Orwellian Optics, where he shares sharp, independent takes on how government decisions affect your financial future. We have a new show on Lions of Liberty! The Politicks Podcast! Be sure to subscribe to the standalone Politicks Podcast feed. This is the absolute best way to support the show! Listen and subscribe on Apple Podcasts and Spotify. And remember, they're all Blood Suckers! Subscribe to John's Finding Freedom Show solo feed to listen to “Pursuit of Freedom,” which is a new podcast series where John shares the highs and lows of his entrepreneurial journey. Listen and Subscribe on Apple Podcasts and Spotify. Follow the Lions of Liberty: Twitter Rumble YouTube Instagram Telegram Get access to all of our bonus audio content, livestreams, behind-the-scenes segments and more for as little as $5 per month by joining the Lions of Liberty Pride on Patreon OR support us on Locals! Check out our merchandise at the Lions of Liberty Store for all of our awesome t-shirts, mugs and hats! Learn more about your ad choices. Visit megaphone.fm/adchoices

Veronica Deraleau is a financial coach, author, opera singer, financial technology manager, and U.S. Army Veteran. During the COVID pandemic, when performing artists abruptly found their livelihoods on hold, Veronica felt called to share her personal finance knowledge. In ‘Making Money Is Simple,' Veronica details the actions and mindset it took to pay off over $100,000 of debt in three years on a median salary. In her signature Money Simple coaching program, Veronica helps professionals and creatives stop going paycheck to paycheck so they can provide an abundant life for their families and start living out their dreams. A classically trained soprano, Veronica started her career serving as a musician in the US Army Reserve, where she performed across the country and abroad at cultural and political events for diverse audiences, including a President and Pope. She continues to sing today across a variety of classical genres, including opera, concert, choral, orchestral, recital, and film.Upon graduating during the Great Recession, Veronica began working for a start-up and was hooked. Since then, she's built her career in the commercial private markets, working for early-stage companies across various industries: alternative energy, real estate, private equity, and financial technology. One of her great joys has been supporting early talent in navigating and developing their careers.Veronica lives in the Pacific Northwest with her husband, Mike, and their dogs, Phil and Minka.Buy the book: https://www.amazon.com/dp/B0DGGSMWRYVisit the website and blog: https://makingmoneyissimple.com/Connect with Veronica on Instagram: https://www.instagram.com/makingmoneyissimple/Connect with Veronica on LinkedIn: https://www.linkedin.com/in/veronica-deraleau/For your listeners: Please follow me on IG and DM the word 'STARFISH' for a free budget reviewFor more on Veronica's singing: https://www.veronicaderaleau.com/Connect and tag me at:https://www.instagram.com/realangelabradford/You can subscribe to my YouTube Channel herehttps://www.youtube.com/channel/UCDU9L55higX03TQgq1IT_qQFeel free to leave a review on all major platforms to help get the word out and change more lives!

  A decade-and-a-half ago in the aftermath of the Great Recession and the financial crisis that sparked it, consumer advocates in North Carolina and around the country succeeded in spurring the creation of a new federal government watchdog known as the Consumer Financial Protection Bureau. In the years since, the CFPB has done prodigious work […]

Joseph Gradante | CEO of Allio Capital Joseph Gradante is the Co-Founder and CEO of Allio Capital, bringing 15+ years of experience as a global macro strategist and money manager. From Wall Street during the Great Recession to launching Allio, Joseph combines traditional finance with modern innovation to help investors navigate today's volatile markets. In this episode, we explore how elections, policy, and geopolitics shape the economy—and how Allio equips investors to manage risk in an era of fiscal turbulence. Joseph also hosts Orwellian Optics, where he shares sharp, independent takes on how government decisions affect your financial future. We have a new show on Lions of Liberty! The Politicks Podcast! Be sure to subscribe to the standalone Politicks Podcast feed. This is the absolute best way to support the show! Listen and subscribe on Apple Podcasts and Spotify. And remember, they're all Blood Suckers! Subscribe to John's Finding Freedom Show solo feed to listen to “Pursuit of Freedom,” which is a new podcast series where John shares the highs and lows of his entrepreneurial journey. Listen and Subscribe on Apple Podcasts and Spotify. Follow the Lions of Liberty: Twitter Rumble YouTube Instagram Telegram Get access to all of our bonus audio content, livestreams, behind-the-scenes segments and more for as little as $5 per month by joining the Lions of Liberty Pride on Patreon OR support us on Locals! Check out our merchandise at the Lions of Liberty Store for all of our awesome t-shirts, mugs and hats! Learn more about your ad choices. Visit megaphone.fm/adchoices

Today, I'm excited to speak with Van Carlson, Founder & CEO of SRA 831(b) Admin, a specialized risk management solutions company. Van has over 25 years of experience within the risk management industry. Prior to founding SRA, Van ran his own property and casualty firm for 15 years and was awarded Presidents Council's and other top-performing achievements during his tenure as a P&C Agent. In 2008, he saw the Great Recession hit his commercial business clients hard, and just like them, he was also affected by the sharp economic downturn. Out of that challenging experience, he emerged committed to developing better ways to manage risk and improve business operations for his clients, and consequently founded SRA 831(b) Admin to pursue this mission. In this episode, we delve into the topic of micro-captive insurance plans, or 831(b) plans, and the ways family businesses and family offices can deploy this specialized tool to manage a range of risks. Van covers the fundamentals, offering our audience an overview of how 831(b) plans work and why wealth owners and family enterprises should consider deploying this innovative risk management tool. There are many ways 831(b) plans can create value for families and their enterprises. Van describes the most common use cases families and family offices can address by deploying 831(b) plans and shares some examples of the different unfunded liabilities this tool can help address. One very practical and helpful tool Van developed is the 831B.com website. He talks about the resources that are available on the website and how families and family office teams can utilize this public resource. The 831(b) solutions have many positive applications, but as is the case with everything in life, there are also downsides to consider. Van covers the potential risks associated with 831(b) plans and shares his tips on how our listeners can avoid or mitigate these risks. Please enjoy this insightful conversation with a pioneer and thought leader in the technical field of micro-captive insurance plans.

In this powerful episode, we sit down with Chris Prefontaine, the founder of Smart Real Estate Coach, to uncover his remarkable journey from financial collapse during the Great Recession to building a multi-million dollar real estate education company—all without relying on banks or traditional financing. After navigating loan modifications, short sales, and personal financial devastation, […]

Join us for an insightful episode of the Las Vegas Advisor interview series featuring Jonathan Jossel, the visionary CEO of the Plaza Hotel and Casino. Jonathan shares his journey from South Africa to Las Vegas, navigating through the Great Recession, and becoming one of the youngest licensees in Nevada at 29. We delve into the Plaza's unique strategies like looser games, single zero roulette, and innovative promotions. Jonathan also discusses the challenges and successes of the Las Vegas casino industry, including the impact of influencers, the importance of customer satisfaction, and the future plans for the Plaza. Don't miss out on this engaging conversation packed with industry insights and behind-the-scenes stories!

In this engaging conversation, Dylan Silver interviews James Hale, a seasoned real estate investor from Texas. James shares his journey into real estate, starting from his early experiences during the Great Recession to his current focus on oil and gas investments. He discusses various strategies he employed, including hard money lending, rental properties, and the impact of COVID-19 on the market. Throughout the discussion, James emphasizes the importance of networking, adaptability, and caution in investment decisions, providing valuable insights for aspiring investors.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Today, Noah and John sit down with Nick Gavin of Compass, a real estate powerhouse with nearly two decades in the business. Nick shares his journey from launching during the Great Recession to now representing some of the most exclusive and high-ticket listings in NYC. The conversation dives deep into market dynamics, from pricing strategies at the ultra-luxury level to why renovations are a big deterrent for buyers today. Nick also opens up about building his business through long-term, genuine relationships—eschewing mass marketing in favor of trust, personal connections, and discretion. This episode offers a rare peek into how one of New York's top agents wins consistently at the highest level. Top notch! Highlights: 01:50 – Buyer Reluctance Toward Renovations 02:50 – Shifting Norms with Rates 03:30 – Importance of Hitting Pricing Right Away 04:20 – Ultra-Luxury Strategy 06:00 – Pricing vs. Convenience at the High End 07:00 – Lack of Foreign Investor Presence 08:15 – NYC Market Still Strong Despite Missing Segments 09:40 – Organic Shift from Renting to Buying 10:15 – Winning Listings Through Real Relationships 11:45 – Personal Over Promotional 14:30 – Small, Elite Team Structure 17:30 – Advice to New Agents 20:10 – Hyperlocal Market Knowledge as Differentiator 24:30 – NYC Lifestyle Still Unmatched 25:10 – Contrarian Confidence Nick's Team Sites: https://www.compass.com/agents/nick-gavin/ https://www.compass.com/agents/nick-gavin-properties/ Connect with Nick on LinkedIn: https://www.linkedin.com/in/nick-gavin-9bb97746/ Follow Nick on Instagram: https://www.instagram.com/nickgavinnyc --- ** FREE ** Macro Monday - LIVE every Monday at 11am on YouTube! We break down what's happening in the credit, equity, and NYC real estate markets! ++ Check out our channel: @UrbanDigsNYC ** Looking to price right, win more listings, and close faster? ** UrbanDigs Advisor is the go-to pricing service trusted by top agents who need to make confident pricing decisions backed by real comps, appraiser reviews, and market data – not outdated averages. It's already been used to price over $540M in NYC real estate, with some price cuts exceeding $1M. If you're tired of guesswork and want to bring data-driven confidence to your next listing, check out UrbanDigs Advisor. ++ Visit www.urbandigs.co for more details and to get a sample report! Track the New York City real estate market with real-time data and charts: https://www.urbandigs.com/ Link to our overview of Manhattan or Brooklyn real estate stats: https://www.urbandigs.com/marketwide-charts/ For more Manhattan and Brooklyn real estate conversations: http://www.talkingmanhattan.com/

Dive into the inspiring journey of Dale Carlsen, the visionary behind Sleep Train, and discover how he reshaped an industry and gave back to his community.Join host Mark Kinsley as he sits down with Dale Carlsen, the legendary founder of Sleep Train, who built a 317-store empire with a unique culture of employee ownership and community support.In this episode, Dale Carlsen shares the story of building a mattress empire and the transformative power of employee ownership. Discover how his innovative approach not only skyrocketed business growth but also changed the lives of countless employees and foster children. Dale's commitment to doing the right thing extends beyond business, highlighting the importance of community engagement and the impact of giving back.Timestamped Breakdown:[00:01] - Meet Dale Carlsen: The Visionary Behind Sleep Train[01:20] - Challenging Industry Norms: The Warranty Revolution[03:19] - Empowering Employees: The Birth of the ESOP[05:18] - Cultivating Ownership: Building a Culture of Accountability[07:10] - A Mirror of Ownership: The Moment Employees Became Owners[09:10] - Legacy of Change: Impacting Lives Beyond Business[13:36] - Focus on Foster Kids: The Genesis of Ticket to Dream[20:37] - Addressing Systemic Challenges: The Foster Care Crisis[28:29] - Sustained Success: The Power of Purpose-Driven Business[46:17] - Navigating Challenges: Lessons from the Great Recession

Since the dawn of the Industrial Revolution, capitalism has unleashed unimaginable growth in opportunity and prosperity. And yet, at key points in American history, economic disruption has led to a greater role for government, ostensibly to protect against capitalism's excesses. Today, government regulates, mandates, subsidizes and controls a growing share of the American economy. Today on the show, retired U.S. Senator Phil Gramm, one of America's premier public policy advocates, and noted economist Donald J. Boudreaux look at the seven events and issues in American history that define, for most Americans, the role of government and how the 21st century world works. To many, these 5 periods of American history—the Industrial Revolution, Progressive Era, Great Depression, decline of America's postwar preeminence in world trade, and the Great Recession—along with the existing levels of income inequality and poverty, represent strong evidence for expanding government in American life. Gramm and Boudreaux argue that the evidence might point to a contrary verdict. Phil Gramm served six years in the U.S. House of Representatives and eighteen years in the U.S. Senate where he was Chairman of the Banking Committee. Gramm is a Visiting Scholar at the American Enterprise Institute. He was Vice Chairman of UBS Investment Bank and is now Vice Chairman of Lone Star Funds. He taught Economics at Texas A&M University and has published numerous articles and books. Donald J. Boudreaux is an American economist, author, professor, and co-director of the Program on the American Economy and Globalization at the Mercatus Center at George Mason University in Fairfax, Virginia. His writings have appeared in The New York Times, Wall Street Journal, Investor's Business Daily, The Washington Times, and many scholarly publications. Their new book is The Triumph of Economic Freedom: Debunking the Seven Great Myths of American Capitalism.

Watch Here: https://youtu.be/8WBIPpmXVVYAbout the Guest: Andy is the CEO and co-founder of Creatively Disruptive—a “revenue growth agency” that helps small businesses scale sustainably. His background is as varied as it is inspiring: from rugby coach to pizza delivery driver to sales manager at CarMax, to eventually buying and selling his own businesses. Today, he helps over 110 small businesses reach profitability through consulting, marketing, and strategic advisory. With clients ranging from gymnastics gyms to local banks and contractors, Andy's team becomes the trusted growth partner business owners call when they're staring at the ceiling at 3am.Summary:In this episode of How2Exit, host Ronald Skelton sits down with Andy Seeley, CEO and co-founder of Creatively Disruptive—a marketing firm built with the heart of a small business owner in mind. From his humble beginnings delivering pizza and coaching rugby, Andy takes us on a journey through his first business acquisition, the painful lessons of the Great Recession, and the creation of a marketing agency dedicated to not just ads, but sustained profit and legacy-minded growth.This conversation isn't just about marketing—it's a playbook for anyone looking to grow a business that can be sold, scaled, or succeeded. Whether you're looking for marketing advice, trying to build a business that isn't just a glorified job, or prepping for an eventual exit, Andy brings real-world wisdom, tactical insight, and a lot of heart.Key Takeaways:Build your business like you're going to sell it—even if you don't. Creating a business with an exit mindset forces smarter systems, better financial tracking, and a more independent team.Know your numbers. Track your metrics. Too many small business owners fly blind. Understanding lead cost, client lifetime value, and profitability changes everything. Profit beats revenue—every time. “Revenue is vanity, profit is sanity.” Andy's agency prioritizes actual business growth over hollow vanity metrics.Most businesses aren't failing—the owner's systems are. Drawing from the “dog whisperer” analogy, Andy says it's not the marketing or the platform—it's usually the operator. And changing behavior is key.Hire an agency that thinks like a partner, not a vendor. Look for agencies that consult on financials, profitability, and goals—not just ads.AI is a business owner's multiplier—but you still need a BS meter. AI can do wonders, but it takes wisdom to know when it's wrong and when it's working.Build a team. Business is a team sport. Success doesn't come from solopreneurship—it comes from surrounding yourself with mentors, consultants, and staff who elevate your game.Don't hand over your business systems. Own them. Even if you hire experts, Andy stresses that business owners must know enough to make smart decisions. Never fully abdicate responsibility.--------------------------------------------------Contact Andy onLinkedin: https://www.linkedin.com/in/andyseeley/Website: http://www.creativelydisruptive.com/--------------------------------------------------

The challenges have come quickly in 2025, leaving many nonprofits at risk of losing funding. Donors could be impacted, too, amid job loss, tariffs, and inflation. The next step forward may not be obvious, but one thing is clear: this is no time to stand still. On this episode of the Go Beyond Fundraising podcast, we talk with Allegiance Group + Pursuant CEO Trent Ricker about how nonprofits can navigate the economic and social uncertainty this year has brought. He explains why leaning into this moment is critical to emerge stronger on the other side. As we learned with COVID and the Great Recession, challenges often reveal opportunities to do things differently. Ask how you can meet this moment for your constituents. Look for ways to build trust and invest in your brand to build lasting donor relationships.

Breaking the Chains of Burnout: Michael Levitt's Journey to Redemption In this raw and deeply personal episode of 'Your Message Received,' host John Duffin delves into the harrowing journey of Michael Levitt, founder and Chief Burnout Officer of the Breakfast Leadership Network. Michael recounts his devastating year of burnout, marked by a near-fatal heart attack, job loss, car repossession, and home foreclosure. Highlighting the critical importance of addressing burnout, Michael shares his hard-earned wisdom on delegating tasks, establishing boundaries, and transforming toxic workplace cultures. The conversation offers gritty, no-nonsense advice for leaders striving to avoid the pitfalls of extreme stress and guiding their teams towards healthier, more productive lives. This is a must-listen for anyone on the brink of burnout or leaders determined to foster a resilient and supportive work environment.To learn more about Michael Levitt, including Michael's own podcast, check out these links below. https://bfastleadership.podbean.com/https://www.instagram.com/bfastleadership/00:20 Welcome to Your Message Received Podcast01:09 Meet Michael Levitt: Burnout Specialist02:32 Michael's Personal Burnout Story03:23 Rebuilding After Burnout04:19 The Impact of Burnout on Leadership05:03 Michael's Year of Worst Case Scenarios07:19 The Great Recession and Its Aftermath07:56 Relocation and Family Challenges12:34 The Cycle of Poor Decisions13:20 Breaking the Cycle: Small Steps to Recovery14:32 Creating Pattern Disruptors15:48 The Importance of Scheduling Enjoyable Activities28:59 Delegation and Team Growth33:33 Overcoming the Fear of Letting Go34:34 Understanding Leadership and Generational Differences35:27 Creating a Flexible Work Environment36:22 Aligning Company Mission and Vision38:02 Adapting to Change and Seizing Opportunities38:47 Effective Grant Writing and Preparation41:14 Breaking Down Silos in Organizations47:06 Engaging with Younger Generations52:01 Building Confidence and Overcoming Negative Thoughts57:11 Resilience and Personal Growth01:01:38 Final Thoughts and Contact Information

The 16:9 PODCAST IS SPONSORED BY SCREENFEED – DIGITAL SIGNAGE CONTENT This podcast is a bit different, as I am on the other side of the interview table - answering questions instead of asking them. That's because this is the last Sixteen:Nine podcast with me as the host. I've been doing Sixteen:Nine for almost 20 years, and the podcast version for the last nine. I'm retiring. I'm 67 and it is time to slow the hell down. I'm not leaving the industry, entirely. Just dialing back to a few side hustle gigs and other work, working more when the weather gets cold in my part of the world and I'm looking for distractions and extra money that will get Joy and I away from that cold weather for a bit. Think of this as my exit interview, done with my friends in Munich at invidis, who have been longtime content partners and will now edit and manage Sixteen:Nine. This makes me happy, as I didn't want to just stop what I think is a valued part of this business. Subscribe from wherever you pick up new podcasts. TRANSCRIPT Balthasar Mayer: Welcome to the Sixteen:Nine podcast. This is Balthasar Mayer.  Antonia Hamberger: This is Antonia Hamberger.  Balthasar Mayer: We have a very special guest today. He is the bullshit filter of the digital signage industry. He's the head, heart, and driving force behind Sixteen:Nine, one of the rare people who manages to produce a trade publication that makes you laugh and gives you something to learn at the same time. He also keeps the digital signage industry with his beloved industry mixes at trade shows, and he's never afraid to cut through marketing fluff and speak his mind and now he's retiring, and we are very happy to have him here on the podcast. Welcome, Dave Haynes. Thank you.  Dave Haynes: Yes, I was joking. This is the exit interview. It's like leaving a company.  Antonia Hamberger: It is the exit interview, and we were thinking about just turning things around. Your blog is called Sixteen:Nine, and we're now doing the Nine:Sixteen edition. You'll get nine questions where we just let you ramble on a bit about your career, and then you'll get sixteen questions where you'll give us rapid-fire answers. Dave Haynes: Alright, I'm drinking Vice beer because I'm in Munich so this could get salty by the end of it.  Balthasar Mayer: That is our goal to make it salty, and interesting at the same time.  Antonia Hamberger: Dave, you've been doing this blog for 20 years. You've been in the industry for even longer than that. So I guess I'm wondering what made you go into digital signage? How did this happen in the first place?  Dave Haynes: I was in the newspaper industry. I was a daily newspaper reporter. I started in 1979 at the Winnipeg Free Press, and my first job out of school, working for a newspaper, was covering the rock music scene. So my first three years in the newspaper, I was interviewing rock bands like Billy Joel, Ozzy Osbourne, you name it, back in the early 80s, late 70s, just about anybody who was big at that time. I did an interview with them, which was quite interesting. At times, you would get lovely people and sometimes you'd get absolute a-holes, and everything in between.  Antonia Hamberger: Probably also a lot of drunk people, drunk rock stars?  Dave Haynes: Ozzy definitely was impaired, and Billy Joel, he stopped in Winnipeg on the first stop on his North American tour back in 1981 or something and he was just off a plane from New York, he and his band, and they had a press event at a Holiday Inn in Winnipeg, and he was very tipsy. He'd been having cocktails all the way from New York. So that was pretty interesting. I've had a number of those kinds of interviews.  So anyways, then I continued in newspapers for several years, became an editor, and got bored with being an editor in a market where not a lot of bad things happened, and as a journalist, you're not praying for bad things to happen, but they're much more interesting to write about than calm, stable situation. When the newspaper started talking about doing new media, getting into digital, I stuck my hand up and said, I'll do it. So I took the newspaper online in 1995, one of the first North American papers to go online, and did that for four years and reported directly to the publisher and nobody on the executive team, including the publisher, bought into my concerns that this was going to be a problem for newspapers. They just tended to think this was a passing fancy. It wasn't really gonna happen. So, I just got frustrated and left and weirdly went to work for a company called Elevator News Network that was putting digital screens, LCD panels in elevators, office tower elevators in 1999. Very complicated, very expensive. I started out as the GM for Western Canada, but pretty quickly became Vice President of Operations for the whole show. So I was putting screens in 70-story office towers in the elevator shops, in the shafts, and running all the cabling in the elevator shafts, and very expensive, very complicated, and very frustrating because you're dealing with unionized labor. With elevator companies, where they wanted to charge you $250 to stand there and watch you, that sort of thing. So I did that. There was a shotgun merger with another company in the US that was doing that, and I walked off the plank with the rest of the Canadian management team and found myself looking around, going, okay, now what do I do? And I ended up starting my own digital out-of-home media company, putting screens in. Public walkways in the underground walkways at downtown Toronto which was a great idea, but probably ten years too early because I would go to advertising agencies and say, I'm doing this, and they would look at me like… What? Digital out-of-home was just not a thing back then. So I was the dreaded pioneer lying in a field with arrows in my back, having done that. So I didn't make a lot of money out of that, and my wife, bless her, said it would be great if we had an income. So I started working for what is now known as ComQi. At the time, it was called Digital View, and then it became EnQi, and then it became ComQi, and I was a business development person. So I was doing sales and looking around going, how did a guy who used to interview Rock bands become a sales guy for a software company?  But I did that and went over to Broadsign because they offered me more money and then the Great Recession hit in 2008-2009, and that was that was it for salespeople. That company, Broadsign, ran into deep problems at that point. They totally rose back up like a phoenix, and they are a powerhouse now, but at the time, they were in trouble. So that was 2009, and I decided, okay, do I wanna work for somebody else or do what am I gonna do? And I just decided to go out on my own and start just doing writing and some consulting, things like that. But early on, when I was still with Digital View, I decided to just look at the industry and the level of “thought leadership” that was available at the time. It wasn't very good. A lot of it was just nonsensical or badly written, and I thought, okay, I understand this space at this point. I've been doing it for seven years. I know how to write. So I just, for the hell of it, I just started Sixteen:Nine, and never thought that this would be something that would define my career, my later-stage career for many years, and be like a full-time job, and generate real money. So it just happened.  Antonia Hamberger: But we're all glad it took that turn for you, Dave, because I don't think anybody would take you for a good salesperson. I think you're much better off as an editor and publisher. Because you would just say the truth and would probably offend a lot of people. Dave Haynes: That was one of my problems when I was doing business development. If we lost a deal, if I could understand why the target company went in a different direction, I would be fine with it, and I think to be a really good business development person or “salesperson”, you've gotta just want to be a killer. You just wanna win every deal, and it doesn't matter whether you're the right solution, you just wanna win the deal and my mind doesn't work that way. I probably wasn't best suited to it.  Balthasar Mayer: So just to understand, you founded Sixteen:Nine in 2006, and then you went full-time on it in 2009?  Dave Haynes: I wouldn't say by 2009, I was full-time, but I liked doing it every day. But it wasn't necessarily my main thing. It was just something that I'd been doing, and I kept on doing it because I felt, so I had, at that point, I had a following, and it felt something of an obligation to do it. In the first few years, I would have a Google ad on there, and every quarter, I would get like $37 or something from Google ads. But then I started getting questions saying, “Hey, can we advertise on this?” And so I would just get inbound, and that just built up and built up to become inbound. It took a while, but it was all inbound as opposed to me shaking trees. It took a while, and it was like making real money, and it was something that would be a proper income for me. At which point, I was able to back off doing much in the way of consulting or writing for hire and just mostly do Sixteen:Nine.  Antonia Hamberger: For somebody who's been in the industry only a few years, I'm wondering what the industry was like when you first came into it, and what you hoped to contribute? Dave Haynes: It was very embryonic. A few people understood it. When people would ask what I did, and I would tell them digital signage, they would just have to give me a sort of tilted head and say… Huh?   Antonia Hamberger: I still have to explain it on a weekly basis to people outside the industry. So I can't imagine what it was like 15 years ago. Dave Haynes: There are so many more reference cases now, whereas before you would have to say, you might be in a store, and you might see this. Now it's like everywhere. So I just have the digital menus in any quick service restaurant that's digital signage, and posters that you see on the sidewalks that's digital out-of-home/digital signage, and they go, okay, I get it. In those days, it was very expensive. Few people understood it. There were far fewer vendors. A lot of the companies that were providing software in particular were companies that had, in a lot of cases adapted that software from other purposes like broadcast and turned that into something that would also work on as sometimes described a narrow cast, just like narrowly defined network as opposed to something sent out everywhere. It was in those days not well known, not well understood, and I just felt that the writing that was available back in 2006 was a lot of buzzword bingo stuff, crossing the chasm, paradigm shift, all these nonsense phrases out of business books, and I just thought, if somebody's just gotta write something that says, here's this thing, here's why they're doing it, here's what's good about it, here's what I think is problematic and how it could be done better. So, it was a little bit of my, I don't wanna say bully pulpit, but it was a way to express my advice without being mean or anything else..  Antonia Hamberger: Were there any trends you predicted really early on that then became true or didn't?  Dave Haynes: Oh, I saw everything. I would say more than anything else, you could see that whereas in the early stages, it was something that was nice to do, I clearly saw that this was going to be something that was needed to do for a company. It was going to be mission-critical. It was just going to be fundamental to how retailers and other businesses designed a space in the same way that they're thinking about their furnishings, thinking about their lighting, their HVAC system and everything else, they're gonna start thinking about, okay, where does the digital fit?  And in the early days, it was to build a space and then look for empty space on a wall and go, okay, we'll put the screens there, even though in a lot of cases it wasn't the appropriate place to put it. I'd say the other thing was pretty obvious, and I started writing about this in 2011 but I could see LED was gonna come and come hard and start to supplant flat panel displays just because of all the benefits and the flexibility that I have. I invested a lot of time in in the last few years, went to Taiwan and China and everything else to visit factories and really fully understand what it is as opposed to just writing about it and taking what the manufacturers are saying because manufacturers as is their way, their marketing people tend to fledge the facts and play pretty fast and loose with what something is versus what it really is.  Antonia Hamberger: In a lot of cases, they don't even know what it really is.  Dave Haynes: This is true. It's the thing about the digital science industry. A lot of the companies still are run by technical people, engineers, electrical engineers, software developers, and everything else. They're not good marketers. Then they hire people to do their marketing for them, and those people with some notable exceptions, don't understand a damn thing about the space. So they just parrot what their executives say, which is far too technical and people don't understand it, and I always try to bang on people that if you're going to market your product, for God's sake, provide some relevance and context and to use my Canadian term, give me an explanation as to why I should give a crap about this and why should I care?  Antonia Hamberger: I guess that's a thing that a lot of companies in the digital signage space struggle with. Finding those people who want to understand their product on a technical level. But we don't just wanna bash in the digital signage industry because there's a lot of great things in the industry, and. So what's your favorite thing about the industry?  Dave Haynes: If we're talking in technical terms, I am impressed and encouraged and excited by how LED in particular is opening up all kinds of new possibilities to start to think in terms of displays being a building material, being a finish, being the curtain wall glass, being something that's a full exterior of a building. That gets way beyond just this idea of a screen on a wall, which is how this industry was defined for a whole bunch of years.  Thinking about the industry, it's a relatively small industry. Even though we tend to think that it's giant and it's booming and everything else, in pure terms, it's very small compared to most technology industries. But that means you get to know a lot of people all over the world, and there's no shortage of knuckleheads, but I would say by and large, it's full of really great people, and because it's a small industry and it gets together two or three times a year at different events, I've got to know people all over the world and develop friendships with people all over the world that I never do at all in doing other work, which is fantastic. I'm friends with the Invidis folks, and here I am in Munich having a beer.  Antonia Hamberger: Yeah, and we're always glad to have you. But you've also done a lot of trips over the years, right? You went to Taiwan. You visited some display manufacturers last year. Dave Haynes: Yeah, I spent a week in Taiwan in October.  Antonia Hamberger: So what was the best work trip you had during all that time?  Dave Haynes: The best trip I had. I did an extended consulting gig on digital signage for a mobile carrier, a telecoms company in South Africa, and I went down there three times. I never would've gone to South Africa. It's very expensive. It's a long flight and everything else, but I was there for, I think, six or eight weeks, I forget now, and so I spent a lot of time in Johannesburg, Cape Town, and that was absolutely fantastic, and it was just something I never would've done otherwise. I would say the most interesting stuff has been going to Asia just because that's where it all emanates, and I think the second time I went to Hong Kong was when LEDs were really starting to come out. It was kind of a big moment for me in that I don't like to go to tourist places, although all of Hong Kong is really a tourist place, but I like to go off the beaten track, where you don't see all the people with their cameras and everything else and I was just walking in this district and saw over a nightclub entrance, a very large billboard, a LED billboard, that in North America would be a press release. There'd be all kinds of buzz about it, because look at the signs of that.  Antonia Hamberger: In Germany, let me tell you that will be the breaking news, the news of the year.  Balthasar Mayer: Talk of the digital signage town. Dave Haynes: But there, it was just there, and it really told me that, okay, this is where this is gonna go where it just becomes commonplace. Because it was already there, and when you go to Asia, it's way over the top from what I've seen from a distance in China. I've been to China, but I haven't been in several years now, pre-COVID covid where you see entire skylines that've got LED lighting. Whether it's mesh lighting or they've got larger lighting that's illuminating the whole building, but entire skylines that are synchronized. I don't really want that in whatever city I live in with all the light pollution. It looks amazing, but it's not appealing in another way, but China, Taiwan. Hong Kong and Seoul, all those areas really are instructive as to the possibilities, as well as Dubai. But Dubai's just insane.  I don't think that's a marker or an instruction of anything. It's just a crazy place.  Antonia Hamberger: No, it just also has tons of money in that place.  Dave Haynes: The building tires skyscrapers on a change order.  Antonia Hamberger: Dave, was there ever a particular moment when you realized that your blog really has influence, because I know almost everybody in the North American proAV and digital signage industry knows you and reads you. But that has taken a while. So was there a moment when you?  Dave Haynes: Oh, it was immediate. Antonia Hamberger: Yeah? Oh.  Dave Haynes: No. There were a couple of moments. Early on, I said I'd gone from one company, with Broadsign, and I went up to Montreal to do the interview. They'd approached me, and I was walking the hallways, and one guy came around the corner and said, “Oh, Dave Haynes, I read your stuff” and I went, oh, really?  Antonia Hamberger: This is something we still have to achieve still.  Balthasar Mayer: Yes, this is a big goal for us. Did you ever sign an autograph? Dave Haynes: I have signed autographs which is absolutely bizarre. I was asked, can you sign your business card because there's somebody back in the office that'll just be thrilled and I go, really? I don't want to see what's gone wrong in your life, but the big thing that has always stuck with me is the number of times that companies have told me that part of their onboarding process now for new employees is, there's the parking lot, here's your parking assignment, here's this, that's your desk, here's your wifi password, and so on, here are the instructions for healthcare and this and that, but here's what you need to do on a daily basis, you need to subscribe to this thing, and you need to be reading it every day to stay current in this industry. I've had dozens of people tell me that I'm just kind of part of their workplace operations that they've told people as part of learning this business, you need to be reading this every day, and yeah, that's always been really heartening and nice to hear.  Antonia Hamberger: So apart from reading Sixteen:Nine every day, which is an obvious thing to do as part of your daily routine, what advice would you give to someone just entering the industry?  Dave Haynes: Learn it. The flip side of what I was just saying is I'm always astonished at how many people I run into who've been in this industry for ten years or more, and they had no idea about Sixteen:Nine or something else that they're not learning about their industry, and I'm flabbergasted by that. How can you work in an industry without investing any time to learn emerging technologies and trends and everything else?  I would say just invest the time. Make sure you invest the time to read about it and look at things with curiosity, but also with a degree of skepticism because as you guys well know, there's a lot of trade press and a lot of PR that's just cheerleading. It's just shaking the pompoms about, “This is amazing” and “This is world's first” and all that. I've spent 18 years calling bullshit on things that it's not the world's first, and if it is, who cares? It can be the world's first, but it has no business application. It's just eye candy.  So spend the time looking at stuff. Try to get your head past the wow factor and the eye candy side of things because we collectively go to trade shows and we will see people at certain stands, I won't name them, but they're slack jaws staring at this technology there going, oh my God, that's amazing…  Antonia Hamberger: Did I hear the word hologram just now?  Dave Haynes: I didn't say it but…  Antonia Hamberger: I saw you thinking it! Dave Haynes: Yes. It is just thinking about what the business application is, what you're gonna do with it, and get past whether you think it's amazing looking because as I've said for years and years, eye candy and wow factor have very short shelf lives. They're exciting the first time you see it, second time it's eh, third time you just walk right on by it. And that's a lot of money to spend on something that people aren't really paying attention to.  Some of the best digital signage out there. I started using the term boring signage a few years ago. Some of the best digital signage is crushingly boring, but incredibly relevant to the people who are looking at it. Like, how busy is this washroom? Do I turn left or right? Is this lineup faster if I go this way or that way? It's just data, but it's immediately relevant to the people who want to know this. They don't need to see a hologram of somebody dancing or whatever, or pretending they're a security control agent. They just need something saying, “This line over here” because we're using AI to measure or computer vision to measure the density of lineups that this one's gonna take five minutes. The one you're right in front of right now is gonna take you 12 minutes, so they're gonna go to the left, down to the other one, and that's gonna load, balance the venue, which is awesome. It just makes operations better, but for the people who are all about the eye candy, it's not not very exciting. But it works. It beautifully serves its purpose.  Antonia Hamberger: So learn about the industry. Take your time, learning everything you can. Learn about new emerging technologies and don't get wowed too easily by flashy stuff.  Dave Haynes: View everything with a degree of skepticism and a business mindset of, okay, even if this is super cool, would anybody use it, or does this scale? Some of this stuff is amazing. But given the cost of it, there's never gonna be a whole bunch of them. Antonia Hamberger: Balthasar, do you want to throw some rapid fire corners?  Balthasar Mayer: Dave, you ran Sixteen:Nine for almost 20 years. You gave great insights for the industry, and you're giving it over to us at Invidis. I really hope that we can keep up the spirit of Sixteen:Nine. We will try our best. Dave Haynes: You've got big, smelly shoes to fill.  Balthasar Mayer: The smelly part we can do. So we have sixteen rapid-fire questions for you.  Dave Haynes: Sounds like a game show.  Balthasar Mayer: Yeah, it's  in celebration. It's a celebration for you. I have sixteen questions. You try to answer them as rapidly as possible. Since this is your exit interview and your celebration, you are allowed to put one sentence into it. We are not that strict with the rules. We're a little flexible today. Today, on our very first podcast. You need another sip of beer, or are you ready?  Dave Haynes: I'm good.  Balthasar Mayer: Then let's begin. What is your first big thing you do in retirement?  Dave Haynes: Ooh, boring yard work.  Balthasar Mayer: After the show, wine or beer?  Dave Haynes: After what show?  Balthasar Mayer: ISE?  Dave Haynes: That's Spain, so wine. Balthasar Mayer: Infocomm?  Dave Haynes: That'd be beer because it's hot.  Balthasar Mayer: What do you like more: conferences or trade shows?  Dave Haynes: Conferences.  Balthasar Mayer: In conferences, on stage or in the audience?  Dave Haynes: I like both.  Balthasar Mayer: Blog or the newspaper?  Dave Haynes: I'm a newspaper guy. Unfortunately, I love the tactile side of newspapers, but they're hard to find. So if I'm in New York, I'll pick up The Times.  Balthasar Mayer: Hardware or software?  Dave Haynes: Hardware.  Balthasar Mayer: Hologram or MicroLED?  Dave Haynes: MicroLED.  Balthasar Mayer: What was the coolest story you covered in Sixteen:Nine?  Dave Haynes: Oh boy, that's hard to give a snappy answer to.  Balthasar Mayer: You can give the top three because it's the exit interview.  Dave Haynes: I would say going to China, going to Taiwan, and, I always remember the LED billboard that is at 8 Times Square. It was back ten years ago or something in front of the Marriott Marquee in Times Square, they lit up what at that time was the biggest LED board, certainly in the United States, and probably among the biggest in the world and I saw the room where they had all the servers and everything else, and then I was there when they turned the thing on, and that was pretty cool.  Balthasar Mayer: True MicroLED or OLED?  Dave Haynes: They are so different. True MicroLEDs are still in their infancy. OLED is getting a lot better than it used to be. But I still don't see it as a digital signage project product by and large. Balthasar Mayer: I messed up the numbers, but what was the silliest story you covered.  Dave Haynes: Top three allowed. Oh. Most of those, I just don't run.  Balthasar Mayer: We'll change the question. What was the absolute silliest press release you got? Dave Haynes: It's a tie between those Guinness World Records and those with the Frost and Sullivan Awards, which you buy. You don't win an award, you buy a Frost and Sullivan Award.  Balthasar Mayer: But I have to say I love the Guinness World Records stories, but yeah, you're right.  The coolest person in digital signage you interviewed? Dave Haynes: The coolest? Can I say the best interview? That's easier. Chris Riegel, CEO of StrataCash, founder of StrataCash. Sole owner, as far as I know. Insanely smart guy. Very dry sense of humor, but so knowledgeable and so blunt. It inevitably or very reliably was a great interview.  If he talks, people should listen. Balthasar Mayer: We heard about your past. So, what was the best interview you ever had aside from digital signage?  Dave Haynes: Oh, boy, I had a whole bunch of really great interviews when I was doing the entertainment industry. I think one of the ones that always sticks in my mind is Bryan Adams in his very early days, when he was still playing in local nightclubs and not in arenas or anything else. I had a chat with him at our offices. He came up there and he was playing at a local spot, and said, are you coming tonight? I said, yeah, I'll come. Is your wife coming? Yeah, she's gonna come with me, and I said, come and see me, and went up to see him after the first set, he said, did your wife come? I said, yeah and he said, let's go.  So he sat down with Joy and I and friends of ours and shot the shit in between the sets. Super nice guy. I met some rock people who were idiots, but he was among the truly nice people, and that's always encouraging that fame doesn't get to them.  Balthasar Mayer: The most useless digital signage tech you've ever seen?  Dave Haynes: I know I rag on holograms. I do think they have a role. I just think they're overstated in terms of their applicability. Also, robots, screens on roving robots. Those are almost universally pointless.  Balthasar Mayer: A technology you didn't think would make it, but became successful. Dave Haynes: These are hard questions.  Balthasar Mayer: Was there ever a thing you were wrong about or you misjudged?  Dave Haynes: Oh, never!  You know what? The rotating LED rotors, when I first saw them, I thought they were interesting, but those will disappear in a couple of years. To Hypervisions' credit. Hypervision is the company that markets them more than anybody. They've done a great job of marketing their product and getting people excited about it and I have seen instances of it where I think it's really applicable, but I've seen lots of other cases where I just don't get it. I was wrong there that I thought that would just disappear, but they've done a good job.  Balthasar Mayer: You're at fifteen questions now, so here's question #16: Imagine you run a successful trade block for almost 20 years. You were very successful, and are a guiding star in the industry. If you retire, what is better: simple goodbye or emotional farewell??  Dave Haynes: A simple goodbye.  By the time this gets up and listenable, I already have my goodbye post written, and it's me riding off into the sunset on my lawnmower.  Antonia Hamberger: We couldn't top that. That picture of you riding off into the sunset on your lawnmower. We wanna preserve that memory of you.  Dave Haynes: Just imagine a cowboy on an electric lawnmower.  Balthasar Mayer: Nevertheless, thanks, Dave, for all the things you've done from all of Invidis. We'd really try to hold up your flag, and I think it's your time to have the last words.  Dave Haynes: Thank you. I've known Florian and stuff and you guys for quite some time now. Got to not just be industry colleagues and people doing the same work, but friends as well, and when I decided to wind things down, I'm 67 now and at some point you gotta do it or you're gonna be sitting at a computer when you're 85 and trying to remember your name. I think I'm leaving it in good hands. I've got a lot of respect for what you guys do with the yearbook, with your day-to-day stuff, and everything else. It would've been challenging to just have some person come into the industry and try to have a little baptism by fire understanding it, so to have it taken over by people who already know the industry, know the people in it, know the goods and bads, and understand some of the bullshit, that makes it a lot easier to kinda back out of it, and as I've said to you and I said to others, it's not like you'll never see me again, I'm gonna stay in the industry. I just decided I didn't want to do this every day first thing in the morning. I would be better off health-wise to get up, have my coffee, and then do some stretching and go for a walk, and things like that, instead of banging away on a keyboard.  I'll be around, I'll still go to ISE and do other things. I'll probably still do some writing on Sixteen:Nine, but just as a guest editor as opposed to the daily editor. So it's been great, and I think this is gonna work out really well, and I'm excited for it.  Antonia Hamberger: We're excited too. Thank you, Dave.

Conventional wisdom is brimming with economic myths: the Industrial Revolution impoverished the masses; bobber barons were the scourge of the Gilded Age; the Great Recession was caused by irresponsible deregulation. Senator Phil Gramm and economist Don Boudreaux attempt to set the record straight in their new book, “The Triumph of Economic Freedom: Debunking the Seven Great Myths of American Capitalism.”

"I used to think I had it all together—until I saw my own Facebook post saying I was studying in the library the same semester I failed every class." This brutally honest, powerful, and uplifting Detroit is Different episode features Shawntae Harris Mintline, Detroit Center Director for Grand Valley State University's OMNI program, who shares her incredible story of resilience through housing insecurity, financial struggle, and academic burnout. From couch surfing through the Great Recession to eventually earning multiple degrees and shaping innovative higher ed solutions, Shawntae breaks down how navigating systemic gaps turned her into an empathetic, radically student-centered leader. With raw reflections on poverty (“It costs more to be poor”), emotional truths about being a first-gen college student, and sharp insights into building support systems for adults with unfinished degrees, Shawntae shows how lived experience becomes expertise. Hosted by Khary Frazier, this episode is a masterclass in how personal transformation meets institutional change—with Montell Jordan playing in the background and a trip to Bert's BBQ sealing the Detroit stamp of approval. Tune in to hear why Grand Valley's Detroit Center is not just another campus—it's a place where doors open, people say “yes,” and education bends to meet you where you are. Detroit is Different is a podcast hosted by Khary Frazier covering people adding to the culture of an American Classic city. Visit www.detroitisdifferent.com to hear, see and experience more of what makes Detroit different. Follow, like, share, and subscribe to the Podcast on iTunes, Google Play, and Sticher. Comment, suggest and connect with the podcast by emailing info@detroitisdifferent.com

When the Great Recession hit in 2008, Boisean Heather Wheeler turned clipping coupons into a big-time business, founding The Krazy Coupon Lady. Now, Heather is joining host Lindsay Van Allen with advice for weathering whatever's coming next. We're learning how to tell a real deal from a gimmick, what Gen Z can learn from millennials who weathered the last recession, and how to upgrade your coupon game in 2025.   Want some more Boise insider info? Head over to our Hey Boise newsletter where you'll get a cheatsheet to the city every weekday morning. Help us win “Best Podcast” in the Boise Weekly's annual Best of Boise awards! Vote for us in the Arts & Entertainment section here.  Learn more about the sponsor of this May 14th episode:  Prolonlife.com/city - Use this link for 15% off  Babbel - Get up to 60% off at Babbel.com/CITYCAST Interested in advertising with City Cast Boise? Find more info HERE. Reach us at boise@citycast.fm. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this power-packed episode, Keith delivers a masterclass on the current real estate landscape, blending personal insights with market-changing trends. From the nuanced world of home flooring to the pulse of national housing markets, Keith breaks down complex real estate dynamics into actionable intelligence. The episode reveals a market at a critical inflection point: declining home sales, shifting apartment dynamics, and emerging investment opportunities. Keith provides listeners with a strategic roadmap to navigate these changes, emphasizing the importance of adaptability and informed decision-making. Exclusive Takeaway: Get Rich Education offers free investment coaching to help you turn these insights into wealth-building action. Your real estate success journey starts here. Free Resources: Connect with a free GRE investment coach at GREinvestmentcoach.com Show Notes: GetRichEducation.com/552 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREmarketplace.com/Coach Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments:  You get paid first - Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Automatically Transcribed With Otter.ai    Keith Weinhold  0:00   Keith, welcome to GRE. I'm your host. Keith Weinhold, there's been a real estate tragedy in my family. Then this past month, national home sales have plummeted to their worst level since 2009 then something is happening in the market for apartment buildings that shocked everybody and more all today on get rich education.    Speaker 1  0:24   Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, and delivers a new show every week. Since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guessing the top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast, sign up now for the get rich education podcast, or visit get rich education.com   Speaker 2  1:09   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.    Keith Weinhold  1:25   welcome to GRE from Montreal, Quebec to Montrose, Michigan and across 188 nations worldwide. I'm Keith Weinhold, and you are back inside get rich education here in our 11th year, you're listening to one of America's longest running the most listened to shows on real estate investing, indeed, the 552nd consecutive week before we delve into the sad topic of terrible national home sales, the worst since 2009 which is a serious topic, first, a bit More of a light hearted topic, a real estate tragedy of sorts, has taken place inside my family, right inside my parents home, the same home that I grew up in. And you know, it's been a while since I had a good rant in an episode. So before we get to our core content today, my parents just replaced the nice, plush, warm, soft, inviting wall to wall carpets in both of their living rooms with laminate, hardwood floor. Oh no, this is disastrous. I mean, this is an abject property atrocity right in the home that I grew up in. Now, if you're a longtime listener, you know what I'm talking about. If you're newer here, it's probably been a couple years since I mentioned it. You know, everyone has their own quirks and idiosyncrasies, like you have certain ways of thinking about some things in your life, where you just know that you're in the minority of society with how you behave with that thing. Yeah, there are some things that you're counter cultural on. It's part of your unique personality, and it's what makes you you, well, one of my real estate idiosyncrasies and unorthodoxies is that I love deep, plush carpet, not hardwood floor, and hey, I don't expect you to agree with me on this. It's what makes me different. Now we'll talk about the flooring that you choose to use in your rental units in a moment and compare their prices and when you might want to use those things and when you don't. But we're just talking about home here, the flooring that you live on your primary residence. Why would anyone replace carpeting with hardwood, plank flooring? It is uninviting. It is cold, hard, and it even transfers noise more than quiet, comfortable, plush carpeting. And yes, hardwood floors can be heated. And some homeowners do that. They use what are called radiant heating systems, and they are installed beneath the floor, and these systems use either electric cables or sometimes mats or hydronic tubing, which are pipes filled with hot water in order to radiate that heat upwards into the floor. Now, something like that is what you'd be more likely to do in your own home, and not a rental unit, but even if you do that, hard floors are still, well, hard and noisier, like I just don't get it deep, plush carpet is superior. I'm not talking about the shag carpet that was popular 50 years ago, just plush carpet that hit its peak. In the 1990s Oh yes, that is the stuff I'm telling you. I mean plush carpet. That is the stuff that turns a house into a home. Well, my parents did just the opposite. They turned their home back into a house. Oh, dear. And, hey, it's their home. They can do whatever they want. Now, what are the main reasons that I hear about why people prefer laminate, hardwood flooring or luxury vinyl plank flooring over carpeting? That's what the majority of people want to do, and that's not what I want. Well, one reason, and this is the main reason that my parents did it, is that it looks nicer. In their opinion, looks nicer. I don't get it at all. I mean, even most cheap $1,000 apartments have been using like hardwood, plank flooring for close to 25 years now, there's nothing special about the way that it looks. Most of it anyway, some of it can look pretty cool. Now, some people want the hardwood because, well, they say that it's easier to clean. Easy to clean. Why in the world would you have trouble keeping your own home clean? I mean, if there's any space in the world that you keep clean, it is your humble abode. Now I know that it's easier for me to say that because I don't own any pets and still don't have kids, maybe you do replacing carpet for hard flooring is just an unspeakable act. What an uncalled for abhorrence, a repugnance. Other reasons that people say they prefer hardwood or vinyl plank over carpet is that it is allergy friendly. All right. Well, I don't have any trouble with allergies. But here's the thing that's even more confounding, most people that install a hard flooring. Well, the next thing that they do, and this is exactly what my mom and dad say that they're going to do next now that they put the hardwood floor in, is find some area rugs and cover it up so people put carpet on top of the hardwood floor anyway, but then yet, that carpet cannot be plush and padded underneath like real Carpet would be, because it's just like a piece that's rolled out, plus it cancels out, then all these pet friendly and allergy free benefits, plus it might be even harder to clean, because now you got to clean both the carpet and the edges of the room where the stupid hardwood flooring is showing I mean, it makes zero sense, so this just all compounds how I am confounded on how almost everybody in the world, it seems they want hardwood floor. I feel like I'm the only person in the world sticking up for carpeting. I do not expect you to agree with me here. It is just my, I guess, oddball preference. I also do a lot of exercises down on the floor. That's where the best high intensity interval training workouts take place. Down on the floor. Plush carpet is best for that too. Oh, the myriad reasons that carpet is superior, I'll tell you. Well, I'll next be staying at my parents place in two months, as I'll spend a lot of July there, and that's when I will first be witness to this transgression, this incomprehensible abomination. I mean, it is almost malfeasance.   The reason that I care more about this than most sons of parents would is that my parents have lived in the same home since I was age one. I have a lot of memories there, and when I visit my parents in rural upstate Pennsylvania, I sleep in the same exact bedroom that I have since age one. Really special continuity there. What's more important than the flooring changing in the two living rooms is that, like I've told you before, I won the parent lottery, I did not have an affluent upbringing, but my brother and I had a top 1% childhood anyway, because we have two married, committed parents that are still together, still healthy and loved us. I phone my parents at least weekly, and I send them messages all the time. I guess it's a good time to think about that as this is the last episode before Mother's Day, and if you did not win the parent lottery, like I did in the way that I just described. Well, the good news is that you can do something about it. You can provide that same stable, nurturing environment to your children, and that way, they will win the parent lottery. Now, when it comes to. My rental properties, I do have hardwood flooring virtually everywhere and in every property, from single family rentals up to apartment buildings, because I don't have to live on it now, I probably do have some bedrooms in those rentals where there's carpeting, yeah, I mean hard floors that makes sense for the durability in a rental. I mean, with rentals, you might have to replace the carpet every three to five years. That is cost prohibitive. So for real estate investing, hardwood flooring, which, again, it's really a trend that became widespread in America about 25 years ago. I mean, that trend was really good for real estate investors. Tenants actually prefer this intolerable condition, perhaps much like you do. Now let me talk about five main types of flooring, how much they cost per square foot, and where you might want to use different flooring types in different situations, as we've already established. For me, it is carpet, carpet, carpet, wall to wall, everywhere, except for kitchens, bathrooms and maybe the laundry room. Seriously, though, for you and how you want to think about this and these prices include the total for both the material and the installation is for hardwood plank flooring, which is that atrocity that my parents committed. Expect to pay about $25 per square foot. And of course, all these costs are going to vary based on the wood species, the finish and the part of the world that you're in for LVP, luxury vinyl plank that's about $8 installed. LVP is a good choice because it mimics the hardwood esthetics. It's waterproof, and as you can see there, its cost is less than half of that of hardwood plank. So LVP can be a good choice for bathrooms and maybe a kitchen, and though the name luxury might be cheapened or diluted somewhat in that name, LVP, it's a bit over named. I suppose it's that that name is given to help distinguish it from vinyl flooring. Because when you hear the term vinyl flooring, what do you think of you think of sheets, something that comes in a roll in sheet vinyl only costs maybe about $5 installed. And then carpeting installed, my favorite at home, but not in rentals that costs about $6 per square foot. And then the last major flooring type is tile, and the cost of tile is really all over the place because of its different material types. Tile can be made of so many things, going from cheapest to most expensive ceramic. That's about $20 per square foot. Again, this is the cost installed for both the materials and the time it takes to install it, porcelain, 20 to 25 natural stone tile can be 40 bucks or more, and then glass tile can be a little more expensive than that, yet. So those are the approximate prices for your flooring, what you can expect to pay because, of course, plank flooring and tile, it doesn't have to be replaced as often as carpet and sheet vinyl. That's something to keep in mind when you think about those prices. But yeah, I have bought apartment buildings before, where, when I bought it, every unit was carpeted, and then as each tenant moved out, one by one, I would have my property managers contractor replace it with hard plank flooring, the radiant heat that you'd place beneath hard flooring that I described earlier, that is cost prohibitive to put in a long term rental in almost every case, that's something you'd only want to do in your own home, or maybe, just maybe a luxury short term rental in a cold climate, Like a ski resort town or something like that. So yes, you have now learned about one of my odd quirks, and you've learned about flooring types. Another of my idiosyncrasies is my preference for back scratching rather than massages. But that has nothing to do with real estate, and we've got more important topics to move on to heck. Come on, though, you might have some weird quirks, even more weird than mine. In fact, maybe real estate investors in general have more quirks than mainstream society. Because, you know, real estate investing is a little countercultural itself, right? We own things that pay us to own it every month with mainstream society and 401, KS, you have to pay it with every paycheck. Now. Who in the heck would do that?    The title of this week's episode has to do with the fact that spring existing home sales are now at their worst level since two. 2009 the worst in all that time. Now, and understand when I say home sales, that means the volume of sales, the number of transactions. We're not talking about the prices now, the outlook for home prices is also less rosy now as well. I'll get to that shortly. But why are the number of property transactions at their lowest level in 16 years like this? Let's listen in to Diana Olick at CNBC. She's talking about March, but that's the newest month reported. You got to remember that real estate stats run in arrears more so than most essay classes. This report is a real bellwether for the spring housing market and how this year could turn out. This is a little over a minute, and then I'll be back to comment.   We also have some housing data just cross the tape. Diana olik Has that for us. Diana, Well, David, existing home sales in March fell a much wider than expected, 5.9% from February to a seasonally adjusted annualized rate of 4.0 2 million units sales down 2.4% from March of last year, and that is the slowest March sales pace since 2009 the Great Recession. Now remember, this count is based on closing, so its contracts likely signed in January and February, when mortgage rates were over 7% but it was before the market volatility of April, supply is rising fast, 1.3 3 million units for sale at the end of March, up nearly 20% from the year before. That makes a four month supply, which is still on the lean side. Six months is considered a balanced market. More inventory and slower sales are starting to put the chill on prices. The median price of an existing home sold in March was $403,700 that's still an all time high for the month, but it's only up 2.7% from last March, and that annual comparison is shrinking. First time, buyers made up 32% of the market, the same as last year, they should be around 40% all cash dropped to 26% from 28th the year before, but investors house steady at 15% of sales. Sarah, all right, have a bad combo, weaker sales, higher prices. Diana, thank you very much. Diana Olek.   okay, we just learned that the latest month shows the slowest spring housing market for that month since 2009 and that the supply of available homes is up 20% since last year. All right? Well, if the supply of homes is up, then why is the volume of sales down? Well, it's the same reasons that we've had for a couple years soured affordability and the ongoing lock in effect, and that soured affordability is just more set in I hope you caught it. Note that this 16 year low in sales volume is for existing homes, okay, brand new home sales are healthier. The nation is still undersupplied of housing Overall, though, with four months of supply, of course, six months is that balance point. Now, the worst news here, with this low sales volume is not affecting the homeowner or the investor. It is affecting the renter somewhat more, because they're having to stay as renters. But it's really tough. Just horribly bad news for people that are in the business of home sales, like realtors and other agents. Mortgage lenders are losing business too. So are title insurers, moving truck companies, furniture companies, and for those consumers in the market to buy and sell homes. It's actually troublesome news for society. Less residential mobility means less economic mobility and more people stuck in place. And how are we going to get Americans moving again? It is lower mortgage rates. It's probably not going to come from a substantial lowering of prices. Prices keep rising, as you heard in that clip, up 2.7% year over year, but as we look out in future months, you know, I can feel it. Price growth seems to be flattening out. Zillow and some other agencies have lowered their home price appreciation forecast for the year, I really keep up on this stuff in research, in my estimate is that the consensus is that there will be zero to 2% home price growth this year. That's not me saying that. That's me amalgamating what others say, and they don't always get it right, and this year still has a long way to go, but you know, there is just this sort of general malaise in the real estate market where there's not a lot of activity for primary residence buyers. In that clip, you heard that investor purchases are steady, constituting 15, one 5% Of home purchases, just like they did in the previous period. So that's what a low sales volume means, and that's who is affected. It is not a vibrant market out there. I still don't see anything on the horizon that could make home prices jump as much as 10% this year, not even substantially lower mortgage rates could do that. In my opinion, tariffs impact to construction costs over the next few months. You know, it's probably quite a bit less than you think. The prevailing current view among the number of developers for now is that construction costs will increase between one and 3% on wood frame builds. And wood frame builds that represents the vast majority of apartment and build to rent projects and now that one to 3% that's by no means immaterial, but it's also not some crazy surge like some headlines have suggested. So as you're out there listening to media reports on the housing market, as you can see, you've got to listen closely to what you're being told. The volume of sales and the median price are two very different things, and they're both moving in different directions, sales down, price up, also the existing home market and the new build home market are, of course, different, but you got to listen closely sometimes in order to pick that up. That also helps to be attentive to if you hear that new build prices are falling, you got to think about what that means, because in recent years, builders have responded to weak affordability by building smaller homes to try to make them more affordable, so they might be selling for actually more money on a square footage basis, even though their price is lower, it's because the homes are smaller. And then another thing is, when you hear that sellers are cutting prices, be attentive to what that really means. For example, say that median home values in an area are 450k and if a seller advertises a perfectly median home for 475k therefore it's a little overpriced, and say it doesn't sell in a month, and then they drop the price to 460 and sell it for that well, then what they've done is that they cut the price, yet at the same time, they moved the median price up from 450 to 460 so despite a price cut, that was about a 2% gain in sale price there in That example, that is how a price cut results in moving up in areas median price. So there's a lot to be attentive to when you look at news like that. As volatile as stocks have been lately, a lot of people are grateful to have their dollars invested in really stable real estate. When Stocks are volatile, the rent just keeps coming in. In fact, in a let's look at history over hunch's vein, when stocks crash, which all define as a loss of 20% or more, what happens to home prices now, a while ago, here on the show, I discussed what historically happens with home prices during recessions. But this is different. This is what happens during stock market crashes, because the stock market is not the economy. Aside from the one bad mortgage blow up of a housing market induced economic recession from 2008 to 2010 which was bad. Home prices do not go down when the stock market crashes. In fact, real estate prices usually rise when stocks plunge hard. Let's look at the five other times that this has happened since 1980 and we'll take the S, p5, 100 index high to its low. All right, in november of 1980 the S P was at 135 points. And doesn't it sound funny to say that that sounds like a ridiculously small number? Yes, the S P was at 135 points. Then by August of 1982 almost two years later, it tanked to 109 during that time, home prices went up 7.2% then in the late 80s, it was August of 1987 the S P was at 329. In November of that year, it fell to 245, I mean, that was a massive stock drop of almost 35% in just about three months, the result, home prices went down 1.7% but that happens almost every year, from summer to late autumn. In August of 2000 the S P was at 1485 by February of 03 it went down to 803 37 I mean, that was a major stock crash. During that time, home prices went up 11 and a half percent, and then we got into COVID. Times, March of 2020, 3277 was the level April of 2020, just a month later, down to 2653 home prices went up 2.1% during that month. And then finally, December of 2021, 4675 October of 2022, 3726 that was a big stock market drawdown during that time, home prices went up 5.3% so there you go. The stable nature of real estate is something that's a really valuable attribute during massive stock market drops. And I think there are a lot of people that don't realize that since World War Two, home prices have only fallen significantly one time, and it was that awful period around 2008 now, in fact, you know something interesting related to this, last month, I took that cog railway tour that goes to the top of Pikes Peak in Colorado. You might have taken that train before. It's pretty popular. It's a nice way to spend an afternoon. Well, on that cog railway tour, I got talking to a passenger. He was there with his wife and family, and this was an intelligent, professional guy. He worked in the VE printing space, so he was pretty interesting to talk to. I asked him about that. And this guy, this passenger on the train, he asked me about real estate, once he knew that that's my field. He said the strangest thing to me, but I think a lot of people think this way. He asked me, don't real estate prices have a 10 year cycle? They have a price correction and go down every 10 years, and then the values start going back up again. What I didn't laugh in this guy sure wasn't stupid. I mean, hey, he's in the 3d printing space, and maybe I have some misconceptions about his field too. But it's almost as unlikely that home prices will fall appreciably than that grocery store prices would fall significantly. Both things really unlikely. I don't know how people think things like this.    To summarize what you just learned in this segment, hardwood flooring in the living room is an abomination of inhumane proportions. Existing home sales volume hit low levels not seen since 2009 home prices are still rising, but the pace of that growth is slowing, and when the stock market takes a big hit, real estate historically performs well most of the time. We're talking about residential real estate in the one to four unit space so far coming up a trend in the larger apartment building world that shocked a lot of experts. That's next. I'm Keith Weinhold. You're listening to get rich education.    You know what's crazy? Your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back. No weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing. Check it out. Text family. 266, 866, to learn about freedom. Family investments, liquidity fund again. Text family. 266, 86    Hey, you can get your mortgage loans at the same place where I get mine at Ridge lending group and MLS, 42056, they provided our listeners with more loans than any provider in the entire nation because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. You can start your pre qualification and chat with President Caeli Ridge personally. Start now while it's on your mind at Ridge lendinggroup.com, that's Ridge lendinggroup.com.   Speaker 3  29:53   This is the king of commercial real estate, Dolph de Roos. Listen to get rich education with Keith Weinhold. And don't Quit your Daydream.   Keith Weinhold  30:10   Welcome back to get rich Education. I'm your host. Keith Weinhold, being springtime, it's also graduation time. If you're looking for a gift idea for a graduate, consider doing what I did. My niece is about to graduate from high school. That's my brother's oldest daughter. I gave her two gifts, cash plus gold cash because, I mean, come on, any 18 year old wants something that they can use. You want to give them something that they want. But I gave gold as well, not because it's in a massive bull market right now, which it is, but saving that can help her tangibly see and understand the diminished purchasing power of the dollar over time. Be mindful, dollars are just currency, but gold is money. So yes, I like my niece, but apparently not enough to give her a little rock turnkey property. As we know, wannabe homeowners have been roughed up with poor buyer affordability that started around 2022 they must either patiently wait for Mr. Beast to give them a home, or they need to keep renting apartment demand just could not keep up with 2023 and 2020 four's massive surge in new apartment construction that left a lot of units vacant. It meant that any new renters were quickly absorbed, and as a result, rent growth stayed flatter than a soda left open for a week. Builders overachieved, and renters under showed back then, but in 2025 and 2026 new apartment construction deliveries are going to keep falling from their peak even in 2027 that's probably going to happen. And we can already project this, because it takes two years, basically, to build an apartment from permitting to completion and permits are down. The dynamics of the apartment market are pretty straightforward. It takes around two to three months to turn permits into construction starts, and then it takes an additional 19 months to complete and deliver new units. So that's the two years or so that I'm talking about. The past high housing starts have therefore shown up as completions here. In recent months, the high completions are predominantly in southern states, and that's exactly why apartment rents have been falling in places like Atlanta, Charlotte, Tampa, Dallas and Austin. Even though those are the places that people are moving to, oppositely in California, it is especially tough to get permits, and tougher even yet to get apartments completed, there will be acute housing shortages in California. If recent past trends hold, then homelessness is going to be an ongoing problem. Moderate income workers cannot make ends meet, and therefore they're going to leave the state, California simply needs to build more housing to reduce the homeless problem and help out the moderate income workers. The real surprise is that today, national demand for apartments keeps coming in at high levels that defy even the most bullish forecasts. Real page recorded the best first quarter for net absorption in more than 25 years. It was 138,000 units. Costar called it the second best q1 in more than 25 years with 128,000 units. And now those numbers don't mean much to you until you realize that this century apartment demand absorption, you know, is typically in a range of 30 to 80,000 units per quarter, and we're looking at double, triple or quadruple that now. And what all that really means is that there is a surprisingly healthy level of well qualified demand for US apartments. All right, so this net absorption that I'm talking about, which is move ins minus move outs, that being over 100,000 units like this, that's something that you might see in busier leasing seasons, like towards summer q2 and q3 but rarely in q1 and apartment demand. It came in hot in nearly every region of the country. So what is going on here? What are the reasons for this surging apartment demand? I mean, sure, for one, it's the one that you already realized. Eyes, fewer people can buy houses. But it's more than just fewer people can buy houses, it's also, if you build it, they will come. I mean, cranes have dotted skylines in US cities for the past few years, apartment construction soared. It's also wage increases. They have outpaced inflation, and both of those have outpaced apartment rent growth, helping with affordability. Another reason for surging apartment demand are those baked in demographics. We had this surge in US births from 1990 to 2010 and that means that think about the age that they are now. That means this group is hitting peak. Let me get out of my parents house age. A whole lot of Netflix accounts are being split into those. People are moving out and getting an apartment. Well, with this in mind a surge of apartment demand in fewer new apartments being built over the next two years. You know, you think about what this means for a while here I've discussed how in real estate, today's best opportunities are one to four unit turnkey properties, especially new builds and also burr properties. I mean, those things have been the MVPs of this cycle, and you keep finding those properties and buying them at GRE marketplace, but apartment buildings, I mean, they're probably warming up in the bullpen by now, I might be able to add those to the mix soon, and to add those to the list about where the opportunity is, because apartment building values have been suppressed Ever since mortgage rates spiked in 2022 but it's probably not time to swing the bat quite yet. Of course it is in some cases. There are always some exceptions, but when you look around today, you know you got to consider apartment landlords. They still got to commonly offer concessions to fill their rent rolls. They're having to give away a free month's rent here and waived some fees over there. But demand, you know, it really tangibly, is starting to catch up with supply now, and when it comes to rent growth, it's still been pretty pathetic for apartments. Okay, apartments still lag behind single family rentals. Now apartment rents, they're only up a week, 1.1% year over year. Really weak. That's the latest figure, a paltry 1.1% apartment rent growth less than inflation then, and that's per real page market analytics, incredibly that 1.1% is actually the highest apartment rent growth rate in 21 months. So the bottom line here is that the apartment market, it has been through the wringer. They've been beaten up by rate hikes and drowned in supply and ghosted by demand. But finally, after years of gloom, the clouds are starting to part for apartment buildings, supply slows and demand grows here at get rich education, you know, I'm trying to give you the knowledge in the tools that I wish I had when I began, where the opportunities are, how to think about real estate, how to know about how you get paid. I mean, knowing all that sooner really would have made my life easier, like frameworks through which to understand real estate investing and the resources so that you can make it actionable and build your real estate portfolio. You'll notice that our provider network at GRE marketplace has recently expanded, and perhaps the best tool of all, that's our free in house investment coaching. We make it easier and hold your hand through the process of buying your first investment property. If you're a more experienced investor, our coaching helps you assess and evaluate the GRE Income Property inventory and help you decide which geographies seem to be most conducive to your goals, and of course, find that real estate pays five ways. Kind of property. Don't let uncertainty prevent you from taking action, because GRE coaching is free access those off market deals. There's no agent that has to be compensated. You'll get free help along your journey, from making the offer, submitting your earnest money, inspection, appraisal, your management agreement, what your closing day is like, and more or perhaps the coaching will help you decide that it's not the right time for you to add income property based on your own unique circumstances. We help you do it all and make it easy. I often like to leave you with something actionable for a free GRE investment coaching Strategy Session customized just exactly to you. Start at GREinvestment coach.com until next week. I'm your host. Keith Weinhold, don't quit your Daydream.    Speaker 4  40:03   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC exclusively.   Keith Weinhold  40:27   You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access and it's got paywalls and pop ups and push notifications and cookies, disclaimers, it's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters, and I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read, and when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called The Don't quit your Daydream. Letter, it wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text GRE 268, 66 while it's on your mind, take a moment to do it right now. Text GRE 266, 866,   Speaker 1  41:42   The preceding program was brought to you by your home for wealth, building, get richeducation.com

The UK's green zealots and a rogue U.S. billionaire plot to dim the sun with acid rain-causing chemicalsZelensky's Crimea obsession threatens to escalate the Ukraine war into global catastropheErratic tariffs tank global trade by 49%, sabotage Trump's own energy goals, pushing us toward a depressionGold soars to $3,500 as Trump's Soros-linked Treasury Secretary schemes a “New Bretton Woods” resetAI guru's Mechanize startup aims to obliterate all human jobs, and a $17 billion CO2 pipeline scam steals billions through tax subsidies, endangering lives with deadly leaksCalifornia's Gas Car Ban: Constitutional ChaosCalifornia's audacious plan to ban all gasoline cars by 2035 is backed by a dozen rogue states. Will the Supreme Court slam the brakes on this green madness? Who has the authority to stop this prohibition? 15:07 Al Gore's African Power Grab: Solar Scam or Dictatorial Depopulation Plot?Al Gore's back with a diabolical new scheme to “save” Africa by shoving unreliable solar panels and windmills down their throats, all while keeping the continent in the dark! Promising to “leapfrog” fossil fuels, Gore's plan masks a sinister agenda to de-industrialize the West and trap Africa in poverty, ensuring dictatorial control for globalist elites. 29:04 Dimwits in UK and US Plan to Block the SunGeoengineering was dismissed as a conspiracy theory until they want to go large.  The UK's radical green government pumps £50 million into a chilling plan to dim the sun and in the US its a radical entrepreneur      Even better, they're injecting a gas that they banned for causing “acid rain”.  Remove CO2 and sunlight and produce acid rain—what dimwits dreamed this up? 46:20 Yet Another Study Shows “THE VIRUS” Wasn't The Problem     As the White House pushes COVID as an “accidental lab leak” from Wuhan's gain-of-function lab, Greek researchers reveal the oft repeated truth     From Dictator Dan's brutal Australian lockdowns to Trump's vaccine push, uncover the lockstep conspiracy they want to hide by claiming “lab leak” 1:00:22 LIVE comments from audience 1:07:01 Zelensky Demands Crimea or War Continues: Did Crimea EVER Belong to Ukraine?      Tensions ignite as both Trump and Vance slam Zelensky for rejecting a peace deal to freeze the Ukraine-Russia conflict, demanding Crimea instead!     In a fiery social media clash, Trump accuses Zelensky of risking Ukraine's total collapse, while Vice President Vance threatens to pull U.S. support entirely.     What are Crimea's deep Russian roots?     Will Russia ever give up the home to its Black Sea Flee? 1:14:43 Tariff Uncertainty is Locking Down the Economy Sabotaging Trump's Stated GoalsEven Trump's “drill baby drill” agenda crumbles as energy firms predict a million-barrel-a-day drop. As Trump-aligned influencers and pundits claim China will be hurt worse in the “war”, Trump's unpredictable dictates freeze markets, sabotage nuclear projects, and threaten a depression worse than the Great Recession. 1:34:16 Gold Soars to $3,500 as Global Reset Looms: Trump Treasury Sec Wants “New Bretton Woods” with Globalist Organizations Leading      Gold skyrockets to a jaw-dropping $3,500 an ounce, markets in chaos, and the dollar crumbling!     Tony Arterburn, DavidKnight.gold, joins to expose a sinister global reset orchestrated by Trump and his Soros Treasury Secretary for “stakeholders”.     A warning of a coming depression worse than 1929 with tariffs, meme coins shenanigans at Mar-a-Lago — is Trump pulling the strings or just a pawn in a bigger game? 2:19:00 GREATER Replacement: AI Guru's Plan to Wipe Out ALL Jobs"A famed AI researcher launches Mechanize, a startup hell-bent on replacing every human worker with chatbots and robots! He promises to mechanize EVERY human worker worldwide as Google pays top AI talent to sit idle in “garden leave” schemes 2:24:05 Exposing the CO2 Pipeline Scam: Billions in Tax Subsidies Stolen are the ONLY Reason for Projects      Jeff Weiss unveils the sinister CO2 pipeline scheme—a multi-billion-dollar bipartisan heist (and how we break out of this system, co-author of Free Indeed: Ten Truths to a Life Lived Free)     From eminent domain land grabs to deadly CO2 leaks that could wipe out entire ecosystems, this is a spiritual and economic war     It's the latest twist in wealth transfer as Jeff recounts his personal experience with wind grifts and the seduction of local politicians in the pipeline of green cash. If you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Money should have intrinsic value AND transactional privacy: Go to DavidKnight.gold for great deals on physical gold/silverFor 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTFor 10% off supplements and books, go to RNCstore.com and enter the code KNIGHTBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.