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The Passive Income Attorney Podcast
RTBL 04 | The Hidden Cost of "Family & Friends" Capital and How to Avoid It with Chris Salerno

The Passive Income Attorney Podcast

Play Episode Listen Later Jul 29, 2025 58:44


Title: The Hidden Cost of "Family & Friends" Capital and How to Avoid It with Chris Salerno Summary: The video features a compelling discussion between host Chris CNO and Seth, an experienced SEC attorney with a diverse background that includes starting as a nightclub promoter and ultimately becoming a successful attorney specializing in securities law. The conversation dives into Seth's personal journey, detailing how his upbringing in West Virginia shaped his perspective on success, risk-taking, and accountability. He describes the importance of working hard and not making excuses, emphasizing that anyone can succeed regardless of the challenges they face in life. The two also touch on the realities of the current economic climate in the U.S., specifically in California, the significant changes in real estate investing due to securities regulations, and how entrepreneurs should approach risk in their business endeavors. The dialogue seamlessly transitions to discussing their shared experiences in fitness, a matter that Seth and his wife have prioritized through their ownership of Burn Boot Camp franchises while navigating the challenges posed by the COVID-19 pandemic. As they conclude their conversation, they reflect on the shifting dynamics of real estate and the importance of investor communication and education during economically unpredictable times. Links to listen and subscribe: https://podcasts.apple.com/us/podcast/fund-it-scale-it-close-it-unlocking-real-estate-success/id1760606484?i=1000680833837 Links to watch and subscribe: https://www.youtube.com/watch?v=iR8RiGLlZMA&t=2732s Bullet Point Highlights: Seth's Early Journey: Seth was adopted from South Korea and raised in rural West Virginia, leading to his realization of hard work and accountability. Nightlife Promotions: Before becoming an attorney, Seth thrived as a nightclub promoter in Los Angeles, reinforcing his skills in sales and networking. Law School Transition: After dropping out of medical school, Seth shifted focus from medicine to business and law, finding success in both fields. Importance of SEC Compliance: The conversation highlights common mistakes investors make regarding securities regulations and emphasizes how crucial proper legal guidance is in real estate. Pandemic Pivot: Seth and his wife managed to keep their fitness business afloat during COVID-19 by pivoting to online workouts, showcasing resilience and adaptability. Investor Communication: Both host and guest stress the significance of maintaining clear and consistent communication with investors, particularly in a volatile economic climate. Future of Real Estate: Discussion around California's real estate laws, particularly the push for accessory dwelling units (ADUs), presents new opportunities for investment. Transcript: it's something there you can make an excuse about and that's the issue about today's society is that everyone wants excuses we mentally uh wired to have negativity in our life I actually started promoting for nightclubs you were a promoter I was a promoter for nightclub life is The Hunger Games business is The Hunger Games the space that you and I are in private Equity it's the Hunger Games my knowledge number one thing SEC really gets you on as misrepresentation welcome to the crystalo show your goto for real estate   business health Health and Family Insight I'm Chris CNO CEO of QC Capital each episode we explore the latest trends and expert advice from industry leaders whether you're an investor entrepreneur or seeking balance this show provides an inspiration you need join us in elevate your game on the Chris alno show welcome to the chriso show I'm your host Chris alno very excited to have a friend of mine we've known each other for what five six years now think so man time flies uh when you're having fun uh Seth on here SEC   attorney doing a bunch of things excited to have him on here a wealth of knowledge Seth thanks so much for joining us dude appreciate you having me on appreciate you reaching out and uh inviting me over for the show most definitely and I'm glad it happened when it did because you're in town you're you're you live out in the beautiful I would say you guys have great weather and great In-N-Out Burger your tax and politics suck but California which is beautiful weather out there you happen to be in Charlotte for Fitness which   we'll touch on here in a second um but I'm glad we were able to make this work absolutely man yeah good timing really good so let's let's give everyone a little background about yourself all the way from you know childhood you know talk to us about that sure man yeah and I think it helps build the story U I'm adopted so I was born in South Korea and adopted a 3 months old and then by two wonderful people in West Virginia rural West Virginia that's different so you know I'm the only Asian in inal West   Virginia yeah so I went to high school with like 18800 kids country country Moon shiners yes for sure for sure good people I love West Virginia love it I love Snowshoe Snowshoe is really good great underrated best best on the East Co or best close to North Carolina I would say unless you get way up North but yeah North Carolina you know anything close snow Sho is where it's at yeah yeah I love it but uh yeah man grew up in Royal West Virginia so wasn't really exposed to entrepreneurship or owning real estate or anything like that   my parents are both Blue Collar uh my dad was a is a coal miner was a Miner is retired now my mom is a grade school teacher so you know I didn't come from are they still in West Virginia yes they are okay they're frequent trips back there you go there you go yeah so wasn't exposed to that stuff so it was all about kind of getting the best job that you could possibly get right talk talk to us about that mentality you were young what age did you come over to us three months three oh three months month   so you didn't even spend time in in South Korea you don't even know of not at all are you curious now you know with you being adopted anything anything about you know where you came from anything like that actually not man you know I I I think a lot of uh adoptees struggle with that yeah um I actually joined a Facebook group one time like with Korean adops and there's like thousands of them in there and I was thinking I'm going to gain some insight from this and but it was like No And it was a lot of uh you know to be blunt a   lot of whining in my mind a lot of crying right I'm about accountability and just going out there and getting it done and you know it's just about you know a lot of I say this all the time you are you can't control the cards you are dealt you can only control how you deal them sure you know you unfor you know unfortunately you it's a great thing it's not unfortunate it's fortunately you were adopted at three months you couldn't control that you couldn't control being born in South Korea and being adopted but you have to   control the cards you were dealt and you've done a phenomenal job you're a badass attorney you know phenomenal job with the cards you were dealt um but I can definitely see being in those type of groups you're going to get a lot of whining and moaning yeah I mean I I think it's you know it's a couple it's it's a couple things right I mean some people have a reason to to quote unquote whine and mo right you know they're they're dealt a bad hand but again like you said you've got to you've got to   play the cards you're dealt right and do the best you can with it and I think that if you are adopted it's easy to go and blame it on that it's it's an easy crutch to lean it's an excuse it's it's something there you can make an excuse about and and and that's the issue about today's society is that everyone wants excuses where mentally uh wired to have negativity in our life and so they're going to make an excuse oh I'm not successful because of this because of this that's a lie you are highly   successful and attorney a beautiful wife doing great things in business and in the real estate industry so you are proof that you can get it done you just have to work hard yeah you just have to work hard you can't blame shift I like to call it you can't blame it on you know the cards you were dealt or you know the things that uh may have happened to you or the situations you're in you've got to just move forward and do the best that you can so dad was a coal miner y mom was a a school teacher what made you want to say hey I'm G to   go into law school and be an attorney yeah it it was a little bit uh a little bit more of a story behind that first of all I went into uh medicine so I wanted to be a doctor all right um well I wouldn't say I wanted to be a doctor it was more like what's the best job that I can get with the mindset that I had my mindset was you know W2 worker type of mindset right like not entrepreneurial not don't take risk and it was and I you know academically it was pretty easy for me so it was just okay what's the best   job you can get is probably being a doctor right like that's kind of the highest calling um and I actually went to med school for a year and a half really yeah and then I dropped out halfway through my second year I literally just got up in the middle of class walked out and said I've I've had it I oh my goodness so I went Premed biology yeah I went Premed biology chemistry and biology whoop my butt so I said okay I'm going to business entrepreneurship switch business entrepreneurship and I said maybe it   wasn't chemistry and biology it was just College in general so I dropped out of college um but you so you got to med school and you're like okay I'm done with this Y and then what yep um honestly that was a turning point in my life I didn't know what I wanted to do right like I committed a a large portion of my life to you know schooling schooling taking the MCAT getting into med school finishing that's not easy either Med school's hard very hard very hard but I've always had an interest in business and real estate just kind of in   the background like I just always had an interest in it um didn't really know how to act on it at the time um so I actually just started enrolling in business classes like immediately just and ended up getting a minor in business for the rest of that year so I I in undergrad classes um and then I started up my MBA actually the following year so got my MBA and then I decided to take it the next step and go ahead and get my law degree because I was still in that same mindset it was like you know this   isn't enough I didn't really know anything about starting a business or anything like that and I just felt like I hadn't done enough so I went ahead and went to went to law school and at that point I did decide I was like look I'm going to I'm going to finish this whether it's the right thing or not um and I was very successful at it I finished towards the top of my class dedicated you know the time and effort it needed um and did really well so love that love that and so getting in what made you want to move out to California   number one on a win man so dropped out of med school kind of took those business classes just trying to figure out what I wanted to to do next on the other side of the world I'm in West Virginia still at this point yeah in West Virginia trying to figure it out and I just knew I needed to get out of there I needed to see more I needed to get out of West Virginia you know it was it was a tough conversation to have right like all my family and friends are there um you know I just dropped out of medical school so now they're like what   the hell is this kid doing you know what I mean like dropping out of med school but they've always been supportive always been supportive always been supportive they never like pushed me into medicine or anything like that and then when I dropped out you know they're still staying supportive but I'm sure in the background they're thinking what the hell are you doing uhoh yeah and then I just decided to up and leave and move to Los Angeles out of nowhere unbelievable unbelievable so you moved out to Los   Angeles yep how was that well I partied for a little bit yeah for a little bit they they know how to party out yeah for a little bit I didn't know what I was going to do I was enrolled um getting my NBA at the time uh mostly online um at Arizona State um so I kept the education going but at the same time I'm in La I'm in a new city I actually started promoting for nightclubs you were a promoter I was a promoter for nightclub for a little over a year in Los Angeles um before I decided hey I got to get my   [ __ ] together well I mean you'll definitely meet a lot of women doing that for sure you get paid basically per head on how many women you bring in the club oh yeah you've got a bottle or two waiting for you every single night y it's actually a pretty nice little lifestyle for somebody in their 20s oh yeah most I I believe it if you want you know if you want to get some experience get out there it's best you can meet a lot of women too yeah and it's a good like uh it's kind of a sales experience   be honest with you you're just for you're like hey I'm getting paid $10 ahead to bring beautiful women to this club I got to go out there and just talk to everybody literally just going out there talking hey you got this come to this club tonight we've got bottles all this kind of stuff and you know wow unbelievable unbelievable so from there you were like okay I got to get my [ __ ] together yeah had to get my [ __ ] together obviously you know I'm still getting educated in back getting my NBA   still kind of keeping the education going oh yeah um but I decided hey I'm going to go to law school so started applying to law schools um ended up getting accepted to a number of ones and I I narrowed it down to USD in San Diego because I wanted to stay in Southern California because I loved it um but I knew I didn't want to be in La so got out of La went down to San Diego because I had visited there a couple times and I just loved it it's just more of a laid-back attitude people were a lot more genuine just a place that I could   see s down at compared to La it's just you know it it it's kind of doggy dog there most oh it is it's a hunger life is The Hunger Games business is The Hunger Games the space that you are you and I are in private Equity it's the Hunger Games yeah you know and and you have to have that mentality you have to be able to survive yeah at the end of the day so from there you're like okay law school it is yep and then you get into law school well in law school or but even prior to that there's so many   different levels of law you can practice yeah what made you you know pick SEC and prior to that did you have any other interest in different type of law yeah I mean generally speaking I want I knew I wanted to get into transactional law I didn't want to be a litigator that's for sure um I was interested in business interested in doing deals those sorts of things so I started out actually at a at a pretty big Law Firm step tone Johnson and ended up doing both real estate and corporate I think that's when we first   met it might have been yeah yeah when when you were cuz they were out what in San Diego or no actually I moved back to West Virginia for that job oh did you okay maybe maybe you maybe you were just finishing there when we met yeah well actually I think we met when I was in probably when I was in Charlotte because I moved to Charlotte for another big Law Firm I think so but anyways yeah so I started kind of more general transactional practice with real estate and corporate and then as I kind of got   more mature and more experienced I started focusing more on the security side nice nice do you you enjoy security side for sure for sure the security side is it it feels a lot more sophisticated um I like the people that I work with in that field a little bit more um but I still have a passion for Real Estate like I still love real estate so even though I'm a Securities attorney it's largely focused on real estate yeah so let's talk about that you know for those individuals that may not know what a   security is most will know what a security is let's talk about that and let's talk about you know the the day-to-day what does a Security attorneys really look like sure sure I mean the easy way to put it for a security because because people kind of miss understand it but if you have passive investors involved at all anywhere anywhere any even if it's one you probably even if it's an LLC yeah you're probably dealing with a security and you're dealing with the SEC regulations and you need a Securities   attorney to advise you because there are lots of things to navigate that you're probably not aware of and that your real estate attorney probably doesn't have the knowledge or know how to to deal with mostely and I see that mistake being made quite a bit oh yeah no I I see that on social media all the time for sure all the time on social media and it comes down to even with words you say like you have to be very very careful you're not misleading whatsoever what do you find uh the most common maybe mistake syndicators or fund   managers do in the syndication world yeah I mean I think the most common mistake is just not even realizing that they're under the Securities regime right like they're just like oh well I'm just raising some you know I'm getting some investors from family friends and they think because it's family and friends maybe that it's okay but it's not it doesn't it doesn't matter who they are it doesn't matter if it's your your family or friends or you know stranger off the streets you're dealing with Securities yeah and that and you   have to deal with those Securities regulations to come along with it so I I think just not knowing yeah that or maybe kind of turning a blind cheek to it is is more like it I think people nowadays have a pretty good idea of because it is kind of out there now right everyone's on social media they're all talking about it the biggest thing too is is you don't want to not know and you don't want to turn that cheek because um something to know is that SEC has unlimited money and they will milk you dry so you might as well spend the   money ahead of time find you a good SEC attorney like Seth you know to make sure that they don't milk you dry because they will milk you dry and they'll throw you in a little white little 4x6 cell and it's not going to be fun if you didn't know they can print money yeah so so if you're you're going up against someone who can print money and you necessarily can't print like they can print exactly you know so you got to be careful and that's not to mention the state Commissioners too so you've got the SEC to deal with as   well as the state Securities commissioner which people don't people don't realize that there's a federal and a state level too and and it's super important to understand what state you're doing business in and what state your investors are coming from and and super important to understand at a state and federal level yeah yeah and it's a you know and if something happens it's a full-blown investigation I mean it's just like a subpoena or you maybe you will get subpoenaed uh but they're asking for everything you they're asking   for texts they're asking for emails asking for phone logs they're asking and give it give it to them like don't even because if you don't they're going to get it they're going to find it yeah I mean they're just going to subpoena you on it and the judge is going to make you do it or they'll throw you in jail so no matter what give it to them and then address every single situation you know or issue that they bring up that I I think it's it's super important we just talked about this on the other podcast   is be transparent yeah you know be transparent because if not they're again they have unlimited Capital absolutely you know they're going to come and get you no matter what and and if and if being transparent makes you nervous then maybe think about the way you're doing business right oh yeah I mean you should be able to be transparent and and just like I said on the other podcast big investor that we had or a big investor that we interviewed on the other podcast and I said you know during 2023 as you   know uh interest rates spiked you know little bit yeah just a little bit and a lot of syndicators were not transparent a lot of them went ghost a lot of them were let like screw this I'm done and we double down we went from monthly communication to bi-weekly communication which is a lot more on our team but we did it to overc communicate we didn't have to cuz our SEC doc said just once a month we could have just stick it once a month but we decided to double down yeah and and that right there overc   communicating saying hey this is what's going on it's out of our control but this is what we're doing to make sure we can control this you know I think is super important when you're a syndicator fund manager you name it when you're dealing and having investors involved 100% man 100% And you you are able to control the narrative that way too right like if the the past investors is sitting there and they're reading the headlines and they're seeing the interest rate Spike and they're hearing about multifam going down the tubes and   all this stuff and that's not necessarily true not all those things are true it could be Market specific deal specific those things but if you're not in constant communication with them letting them know hey this is what's going on with this deal maybe this deal is going great maybe this one's not going as well well here's what we're doing to fix it it it goes a long ways 100% their trust you're going to have an upset investor you know you are if you have you know 20 50 100 investors one's going to be upset and if you ever got   audited you can all you can go back and say look at all of our communication right like read through all of our communication we were transparent about everything they're going to look back and be like okay it's this a pissed off investor yeah you for sure for sure and it's super like communication is the biggest uh I think thing that is lost in% capital and also you know being being transparent with the communication because number one from my knowledge number one thing SEC really gets you on is misrepresentation absolutely you know   and if you're not being transparent on it with everything on there boom it it will be a very ugly day for you for sure be transparent you know obviously the things that you leave out as well like if there are key material things that you're leaving out and then you've you've disclosed all these things let's say down the line to the SEC or State commissioner like what in the world this doesn't sound like you're representing this deal like it really was at this time and maybe they're going back and   looking at your records looking your financial statements and seeing how that deal was going it wasn't going great it was going terrible Y and you're saying that everything is great well um that's not being transparent right you know you're not communicating that with the investors right yeah no I think that's super important H you know what have you seen you know over 2023 dealing with you know Securities talking with other fund managers things like that what have you seen you know during last year with   interest rate hikes man it it there was a little bit of blood in streets right you know a lot of these deals um that had shortterm loans that had um you know the the variable loan rates um struggled yeah a lot of people that caps they didn't get rate Caps or the or the cap expired yeah or their cap expired and they didn't have enough money in reserves to buy an extension on the cap you know and and that was huge that was huge thinkk one of our deals uh had 202 for or excuse me uh 2024 expiration and   we bought uh end or beginning of 2023 end of 2022 rate cap to Extended 2025 and I'm so glad we did it yeah you know it was perfect timing because that same rate cap would have been a million and we only spent like 400,000 yeah yeah for sure yeah so you're seeing a little bit of blood in the streets um you know I think right now what's happening banks are allowing for some uh leniency with their loans they don't they don't want to have the property absolutely and it looks it looks terrible if they do have   the property on their balance sheet plus I think they the this go around cuz oh0 wait the first thing they said is we're going to foreclose on everyone we're taking everyone's property then they realize well [ __ ] I got a ton of property and no one wants to buy it yeah you know so I think they've learned their lesson and now they are like okay we don't want to forclosed because no one's going to buy it and if they do buy it we're still going to take a huge loss so let's go ahead and see what we can do   to work things out you know if the property's really really not bad let's see what we can do to work things out because it will rebound it's coming back back around yeah but I do think you know we're kicking the can down the road they're giving extensions those sorts of things and we're all banking that the interest rates are going to go down at some point right so we're hoping for that um I think that they will I think we're going to see one before the election yeah it I think we're going to see a quarter point before the election   I think I think some politics have gotten into drone Pal's head no way yeah I know right no way couldn't I I think they I think they had a nice little cigar dinner or something and and I think they got in his head so I think you'll see one before the election of this year I agree I agree yeah you know it's it's going to be a wild election too not wanting to dive deep into politics but it's definitely going to be a wild one uh talk to us about you know the the California lifestyle what are you what are you doing right now you you   also your wife beautiful wife has a great business you guys are running that's why you're here in Charlotte talk to us a little bit about that and why you guys got into that too yeah so we uh started uh we bought two burn boot camp franchises so uh my wife luckily runs those helped her get them off the ground and now she's crushing it so letting her run with those and uh they're going really really well um lifestyle in California you can't beat it man I mean San Diego is unbelievable oh it's beautiful down there the weather   everything kind of like how you said earlier in the show I mean if you if you can afford to live there one because it is really expensive oh I know and if you can deal with the politics then there's no better place in the United States for sure really there's not you know I just wish they had better politics over there um but yeah the weather out there is so beautiful you really can't beat it you can't beat it you know let's talk about health because you guys own those burn boot camps they're huge in Charlotte um   their headquarters here in Charlotte that's where it was founded um and tell us a little bit about what burn boot camp is and then also I'm going to want you to touch on like how are you optimizing your health to to be the phenomenal husband that you are to operate you know businesses and getting involved in real estate talk to us about that sure man yeah burn boot camp it's a boutique Fitness franchise um you know it's it's Boot Camp style workouts workouts the same um it's incredible and and it's focused on women it's focused   on empowering inspiring so if you're a single man you should go absolutely absolutely I will say I've been taking up hot yoga lately Hot Yoga is good and for those single men out there go to hot yoga just saying there we go yeah Gym's not a bad place to pick up women yeah plus the great thing too is that there's no filters you can't have filters at the gym and more than likely they're not going there with makeup on so it's it's a good place to filter out women you want there you go a little different than the apps right yeah I   know so so it's geared more towards women it is geared towards more towards women um but it I work out there every day I mean that's where I work out now like that's that's what I do I love the total body workouts I love the total body workouts you go in like an orange theory you go in one hour boom you're done you're going about your day exactly hour in and out of there and for guys like us that have a million things to do like it's unbeatable and I want somebody telling me what to do I was just going   to say that I don't want and I I work out by myself now and it's so much easier showing up tell me to shut up go do this do that get it done boom okay I'm all about my day you know tell me what to do right just tell me what to do I I will I will tell you I've been to the gym and there's been times I've had business on my mind that I'm like wait okay so I'm at the gym what do I need to do like you're sitting like a 24-hour fitness or or yeah something like I work out at lifetime I live right behind it   and I walk in there sometimes because of my long days and I'm like [ __ ] what do I want to do today like I because my mind is business business business it's so much easier showing up having someone said hey we got all these set workouts you're going to knock these out and be done they make they make you focus on the workout at that point instead of you know business or whatever listen to a podcast or something what got you guys interested in opening up one of those I hope you're enjoying today's episode   just a quick reminder to make sure you never miss an episode stay connected with us by following us on social media platforms Instagram Twitter threads Tik Tok at Chris saloor and don't forget to subscribe to YouTube to catch the video versions of our episode you'll get exclusive content behindth scenes footage and much more head over to YouTube chrisoro now and hit the Subscribe button stay tuned because we've got more great content coming right after this actually cuz my wife worked out at one   here in Charlotte really so she was working out at one she was working out at one here in Charlotte and then we moved back to the West Coast cuz I took a job here in Charlotte for a little bit then we moved back to the West Coast and I was look looking to start a business I was looking for something recession resistant outside of real estates I was already investing in real estate but looking for a business outside of real estate I looked at liquor stores I looked at laundromats um and then she   turned me on to burn boot camp which is not recession resistance let's put it that way but at the same time they're really good salesman look like a great business model turned out to be awesome although oh most definitely yeah circumstances weren't great we opened two weeks before Co hit oo but talk to us about that you know opening a and we all know California they they lock down like oh yeah they lock down you can't even go get your mail out of your house um talk to us about that opening up a   business right before covid and being in California where you know they were basically Nazis out there yeah for sure I mean we opened up two weeks in um and we didn't have any paying members because we were all on uh they were all on like a free membership TR one yeah so then we had to shut it down we had to move inside we had to move outside we did online workouts every single day uh pivoted yeah we pivoted we did whatever we had to do to keep the lights on wow um so literally our lead trainer and   business partner was in our apartment leading online workouts and me and my wife Alison are in the background like like a yeah like a music workout video Yeah in the backgound but it did keep us in shape during Co cuz we worked out every single day because we had to make those videos you had to yeah but it was I mean it was ridiculous out in California man they shut down the beaches they shut down the water you weren't allowed to be in in the ocean what you weren't allowed to be in the ocean cuz they said it got transmitted   through the water at one point so are you serious so they kicked the Surfers out of the water and you kick the Surfers out of the water in San Diego you're you got some pissed off people you got a big problem but there are like all these you know Instagram videos the cops chasing Surfers down the beach and the guy just dropping his surfboard and running it was it transmitted through the water yeah insane but that's new heard that inside outside online inside outside eventually we we blacked out our   windows so you couldn't see in it because we got we got actually attacked by U an Instagram person that ended up going viral because he said hey you're the reason that we're the the disease is spreading because of businesses like yours and they filmed us from the outside into the windows and it went viral no way and it went viral and then finally we we ended up blacking out the windows and just stayed open cuz there's at that point it was like either Do Your Own Thing yeah and stay open oh yeah or   we're going out of business yeah you got to shut shop and this is a venture you just opened up no one knew Co is coming and all a sudden Co boom co comes and wow so you bled out the windows and you said hey we're just going to do it it's like a Speak Easy now yeah you guys want to work out we called it that at one point really speak easy easy workout like underground workouts underground haircuts there all kinds of that stuff going on it was insane that's W if you just have to think about that that's   just wild yeah like you know just for your basic necessities to stay in shape and things like that turns out if you got sunshine and you worked out you were a little bit more immune to the disease oh really yeah interesting interesting wow and you weren't locked in doors and you weren't allowed to work out yeah well problems wow I think we can go on a rabbit hole about that damn I'm not a big fan of I will say I do think there's another one going to be coming you know I think there's another pandemic that   will be coming um because of what happened with the first one so let's see uh let's just see what happens let's see if we handle it better this time uh we shall see it depends on whose's President I I think that's that's true yeah um definitely depends on them so you guys now you know past covid everyone's now out and about in California everything's been lifted and now those are up and running are those are the only ones really on the west coast right or um I think there are let's see two four five I think there's   six in California right now six now yeah cuz like you said it was based in Charlotte mainly east coast yeah yeah I think there's about 400 locations open now very cool um actually I think they're approaching 500 locations now yeah um so it's expanding pretty quickly at this point you know Fitness franchises have have rebounded completely from Co at this point oh my God yeah I think I think the fitness industry and I'm seeing it more and more people are taking it a lot more serious yeah they're they're watching what they   eat and I I said this multiple times with my son he's four and a half uh he watches what um or I make sure whatever I give him I watch very closely goldfish now and if you look and I swear this is brand new if you look at any ingredients now it says bio oh what is what's it say bio biograde or bio bio bioengineered food so it says it's been bioengineered the food that's been in there yeah so if you look go next time you go to the grocery store look at the ingredients and now it says it in bold you can pick up some gold Vision it says   bioengineered chemicals hm in the food interesting it's wild even her Pedialite had it said bioengineered chemicals now I swear that just popped up you know in one of these crazy bills cuz I've never ever seen it say bioengineered food on there uh and I steer very far away from it I'm big on those factors Factor meals now okay I have you heard of those I have y so I get those now once a week it's like 141 bucks uh lunch and dinner CU I don't eat breakfast so lunch and dinner 141 bucks and I'm thinking in my   head well if you and I went out to dinner it'd be about a 100 bucks right now so I get uh 14 meals per week lunch and dinner for 141 bucks I'm like I can't beat that yeah like that's good I throw them in the microwave 2 minutes boom done yeah we do pre-made meals all the time but we switch like we've done Factor before bur boot Camp's actually coming out with some in the fall we we got the test drive and they're actually pretty delicious cuz yeah we're pretty picky about these types of meals you   have to be but they're actually really good are they so they're coming out they're coming out with their own branding yep oo that'll be exciting and that is that's not just for boot camp people that's for everyone yeah you can just get on the app and order them this fall I believe really oh I'm going to have to switch it up and try man they're good but especially with pring these days it makes sense plus how busy you and I are yeah I mean so are you meal prepping or are you using these type of things my wife does some meal prepping   on Sunday got to love her yeah that's basically it every once in a while I volunteer to grill out but man it's it's it's a Time suck right like it to feed yourself at home like it sounds even going out you know for a lunch meeting it's like two hours like I have to block two hours off on my day for a lunch meeting yeah yeah I mean trying to cook an individual meal every single night let alone like lunch as well and even and then you got to clean all that Tak in just takes so much time we we don't   have time for it no I I I don't either that's why I start a factor where I throw it in 2 minutes boom I eat it and I'm done and I'm like well I threw it away boom no cleaning done I love it I love it so you guys are doing great things with the bur boot camp out there what do you what are you seeing uh let's go back to the real estate market what are you seeing in the near future I know we talk about interest rates lowering you know what are you seeing what are you doing right now in the real estate   market as well yeah um currently a fund manager for $20 million fund it's an Adu Fund in California so we're doing basically in California just like everything else difficult to do anything right like the government's got their handed and everything oh my God so very difficult to get any kind of construction done off the ground it's mind bogling we're buying a car wash and Cape car right now and it's finished yeah well they came out for the co they don't like the garage doors and so now we have to order new or the the seller   we're buying it from the seller seller has to now order new garage doors it won't be here till end of October and I'm like like seriously the garage doors will only be down between 9:00 at night and and 7 in the morning like it's middle the night no one's going to even look at them yeah like and you want these fancy garage like come on really yeah you know so and I can't imagine out in California yeah and if you get the coastal commission involved it takes literally years and years to do any so   anyways the reason I brought that up is because the adus accessory dwelling units they actually have a bill in California that they past and they basically just FastTrack those types of developments so if you want to add they they view it as a a solution to housing so the lack of housing yeah um so they let you build on uh turn your single family property into a duplex or even build duplex on the on the property if you have a big enough lot um so you can turn one units into four and rent the back out or rent them all out yep   exactly so it's a it's a quick way to get the construction approved get it done I don't know how long this wind is going to be open so you guys taking advantage so we're taking advantage of it right now love that love that and is your main focus down there in that San Diego Market um it's actually Riverside County okay yeah where and where I'm Riverside county is is East just East adjacent of Los Angeles County okay right so a little cheaper housing so it makes a little bit more sense when you get closer to the coast it stops making   a lot of sense you got to go for some more creative Place cheaper like 5 million probably yeah yeah yeah just a little $5 million 5 million um but but cheaper housing there so you guys are finding opportunity now is that bill all for California where you can for all California and then the local um you know counties and municipalities can kind of change that and you they can't make it any more restrictive but they can make it even less restrictive okay good and so are you uh are you guys doing long-term rentals there are you   doing short-term like airbnbs um semi longterm right so we're putting in a 10-year fund so you know we're getting we're buying the property we're renovating it putting ad used on the properties and then renting them for a few years and then unloading them towards the back end of the the fund I love love that and with these you're all buying them in the same area yeah yeah Riverside County generally I mean it's you know spread across how are you guys finding good deals in this market you know it's so hard multif family no you   name it any any type of real estate there's always a huge disc connect between a seller and a buyer how are you guys finding good deals right now uh my business partners man like I you know I'm handling legal I'm working with some Capital I'm I'm advising on on raising Capital those sorts of things um but my business partners are real estate brokers and they' been doing uh this type of thing identifying properties that are perfect for adus um for a number of years at this point so they're they're the main source they they get   first look I love I love that how how is it finding you know great business partners you know it's just like a marriage you you got to test it out you got to see how it is because a Business Partnership is like a marriage how is it you know and how did you guys link up yeah um networking event so I met I met these bus business partners actually at a wealth without Wall Street event that I was speaking at nice yeah yeah so I met them hit it off with them I think the first I've been in Good and Bad   Business Partnership relationships yeah I I think you you have to go through bad ones you do because if if you don't go through bad ones you don't know what what can happen to you and I would rather go through bad ones early on to make sure that when if we went into business we have the right contract the right verbage all of that in place because at the end of the day again just like if you would get married you're signing a contract to your wife you know in most circumstances I highly recommend   sign a prup I'm not a big fan I don't believe in marriage uh but a Business Partnership is a marriage yeah you know it is it is and building off of that like you have to like the person I think that you're going into oh 100% you have to hang out with them like you you have to be very cold cordial you know talk you guys have to like the same things if you just like a relationship if you guys don't like the same things if you don't like if one party likes working out the other one doesn't other one doesn't eat   healthy the other one eats healthy like it's just not going to work out it's not not not a long-term Business Partnership right like it can't just be transaction maybe shortterm really quick turnaround time but if it's going to be a long-term Business Partnership you got to like that person you generally like him you're like hey I I like this dude I'll go have a beer with him this is great this is I'll travel with him my business partner we travel around the world together we hang out together we go to   the same events together we like the same things you know it's it's amazing that's super important part because I think communication back to communication is huge right like and if you don't like that person it's going to feel forced and awkward and kind of going over a hump to try to communicate with them and that's the key you got to stay transparent you got to communicate because again if you have that separation you're not communicating you're not transparent who knows what the other person is doing at that point   oh agreed agreed most definitely I mean my business partner we talk about 20 20 25 times a day yeah and it's and most of it's business but other thing is personal hey how's the family doing how the kids doing you know anything going on blah blah blah but it's super important to also let your business partner know what's going on with you personally I think that's I think that's important as well because if if you're going through you know knock on wood you know something with your marriage I need   to know that I feel you know even if it's getting a little rough I need you to say hey you know my marriage is getting a little rough because I need to know okay if you're not here at business 100% I'm going to step up 120% to make sure that we're still good you know I think that's important AB for sure for sure and we do that even with like our team so with bur boot camp with some other businesses that we have we have leadership meetings and we make sure that everyone sh kind of personal things   what's going on keeping that transparent relationship up because it's it's important it affects um your personal life affects your business life as much as you don't wanted to most definitely no you're spot on there so I always say not all not all chefs not all chefs should own the restaurant not all attorneys should own their own practice you know what has really helped you to really own your own business and and you know go through the trial and errors and things like that to you know survive Co   to to run a successful you know Law Firm things like that yeah I mean I think one of the key things for entrepreneurs and people starting businesses you got to be a little bit crazy right you got to be a little bit crazy you got to be willing to take risks right you got to assess risks and and take them you can't be afraid to to just go out there and take action and do it um I think that attorneys on the other hand are trained not to take risks right they are trained to assess the risks but they're really   leaning to risk averse risers really leaning towards no whereas an entrepreneur is leaning towards yes yes so I think that I strike a really good balance between those two that's good um and I think that's what allows me to be an attorney at heart but then you know also be an entrepreneur and take risks and I think that's what my business partners appreciate as well I love that um I figure out how can we do it rather than can we do it right like that most attorneys will be like well we can't do it because of this or I advise   you not to do it because of that I will say look we can do it here's how yep right and here are the risks oh most definitely now you as the business partner if you're my partner we need to decide is it worth it or not yeah right cuz there's there's always risk involved so do you want to take no matter what you do there is risk you just have to make sure you take the calculated risk that's right you know and sometimes you may think it's calculated at that point in the moment and it turns out to not be   right so you have to have the ability to Pivot very quickly like you guys did with Co you have to have that ability to handle that stress and handle that pressure so you can power through for sure absolutely yeah no I love that where do you see you you think you know where do you see yourself uh you know growing uh triest you know where where do you see yourself with that and on to the Future yeah so I joined tribe vest of July of last year nice so it's been about um been about one year and we have   really developed um you know this this fund of Fund in a box right like you've probably heard about how the market is really shifting from the cgp model right to fun of funds because the is kind of you know they kind of started investigating people and you know these folks that had these cgps that were just raising capital and not doing anything else which everyone knows you're not supposed to do but everybody does it anyways yep um started looking for another solution and the fund the funds model has always been it is the solution   it's always been the solution it's not a new thing it's just a more you just people didn't know of it at the time at a high level yeah and and honestly it it's more complicated it's more expensive it's more expensive and there's just you know a lot more things to go into it so people just took the easy route did theot quote CP rout and and it you know I guess I'll say that it worked up until this point right like I guess you could say you got away with it or what have you um but the market is is   is Shifting or has shifted to the co or to the fun everything is fun to funs now that's all I'm seeing is fund to funds models training programs you know and fund to funds things like that you know it's definitely questionable I think as an investor I would ask if if I'm talking to a sponsor hey are you the lead sponsor or you a fun of funds because in in my eyes you're paying double fees you know to get into those opportunities don't get me wrong people need to make money people are giving you   great opportunities to invest and build your Capital um but there's definitely questions I feel like definitely needs to be involved yeah I mean there's always questions right I mean even when everyone was using the CP model it's like well who's actually the operating partner who's the lead sponsor who's actually going to execute the business plan after we closing this property and I think a lot of cgps were kind of masquerading as the operating partner like hey this is my deal I found the property I'm going to be doing this   executing this business plan in reality there's a lead sponsor who found the deal who's signing the loan documents who's going to execute the business plan and sometimes there passive investors don't even know they don't even know and and fund manager like you said kind of same it's the same thing right the fund manager should not be representing that they're the operating partner Som or anything like that um I know at tribe vest we we really emphasize that because the the vehicle that we use is an SPV   fund of fund where the the fund of fund is designed only to invest in one specific deal so we're not it's not a discretionary fund where you can do whatever we can do whereever whatever you want invest you know multiple deals or anything it is one deal so you're really just serving as a conduit uh to invest in a Target deal so it's very clear to the pive investors very spe specific if you invest in this fund of fund all your capital is going into this deal and we disclose those deal documents as well so those offering   documents are an exhibit to the fund of fund offering documents most definitely no I think that's super important and we have a fund that we've put together for car washes and before we really truly launch the fund we have we have those deals locked under and we're like look these are the deals we may add some more deals but these are the specific deals that we are buying and that the capital is going into yeah yep yeah for I think that's super important so you guys are really taking advantage of this   opportunity out in California um you see it definitely growing you know with your guys's portfolio out there oh for sure for sure I mean the fun to funds model we we've made it affordable right so the the problems with it were that it's complicated it's expensive those are the two B two biggest things you've got to get your if you're a fund manager who used to be a cgp depending on the lead sponsor to do everything for you now you've got to do all those things yeah accounting you know all bookkeeping all   of that you got to open a business banking account you got to form your LLC you've got to find a Securities attorney you've got to find a CPA you've got to manage your investors you got to find a platform all those things that the lead sponsor usually does yeah and then you're going to have to pay depending on the attorney you know anywhere from 15 to 30,000 absolutely uh you know on average some are even 50,000 from what I hear but normally the head attorney who's running the whole syndication will   have a deal where you can do a fund of funds at a cheaper amount but it's going to cost maybe 15 20,000 for you as a fund manager to open up your own fund right and you know that some CPS former CPS can't really raise Capital right like they own a deal and they say hey I can raise a million bucks easy and then they come up with 100,000 bucks or zero yeah right so if you do that with a fund of funds well now you an attorney 15,000 bucks or 25,000 bucks and you didn't raise any Capital you're screwed that's   a lot of money out of your pocket when you weren't able to get paid on that deal yep um but what we've done at triest is combined all all those things together love that we you with triest it's a fun to fun in a box it's basically done for you kind of a done for you program you know you you get your k1s we open your business banking account we form your LLC we do your offering documents we on board your investors so we send out electronic signatures of the offering documents quote unquote hurting the cats right   getting getting them to wire their funds basically taking the place of an investor relation which I will tell you I love our investors that will sign and wire right then and there but we do have those sum that will sign and then the wire is like pulling teeth and it comes to a point where I'm like look like I feel like I'm stepping my boundaries by keep asking you hey why are your Capital we need you know it's very difficult sometimes yeah it is it is and I can feel for him a little bit especially the first time   around ,000 bucks you're like whoa this is crazy wiring to a stranger or somebody you might have just had a couple of contacts you know we we advertise heavily on social media we only accept accredited investors as a 506c so we can advertise we advertise heavily on social media um I don't actually to be honest with you I don't think I've ever done a 506b that's awesome that's a great that's place to play I always6 coun people to do five sixc and only accept credit investors that's going to keep you safe yeah 100% you know and   it's it's a lot easier um but yeah you know I think it's it's super important to go that route and even with those new investors I definitely understand you know 50 200 300 you know 500,000 is a lot of capital from someone you you met on social media that's why you ask the right questions that's why you get references you understand the business model business strategy and at the end of the day though you have to take a risk you have to take a risk and a leite got the trigger and just do it yep got   to take action I love that you guys are doing that all inone I think that's huge yeah yeah and going back to to pricing man you the last Law Firm that I worked at huge Law Firm top three law firm in the world we charged $75,000 you bullsh out of the gate for a set of s now this was at the lead sponsor level but a lead sponsor documents and that's just for the initial drafts and then it's charged per hour no way yeah get started just to get started people don't realize how expensive creting a fund is it's   expensive yeah yeah and then some people you know there are you know these Boutique firms I mean even my Boutique firm we do it at a much lower cost and people are like whoa that's so expensive because they just haven't seen it I'm like you have no idea how expensive it actually can be oh I know do you do you see yourself uh going into any other practice of law oh I don't think so secur is where it's at man I mean I've I'm a fund manager I've syndicated deals myself as a lead sponsor you know I've   worked as a Securities attorney now for a number of years so it's it's kind of where my interest and my legal practice have kind of combined how do how do you keep up with your energy and your mindset your your your high energy your great mindset how do you keep up with that and cultivate that man I think you know we kind of touched on it before but we didn't quite get around to it it a lot of it is just trying to take care of yourself staying healthy man getting sleep that's super important right I   think a lot of entrepreneurs run themselves into the ground and they don't sleep man I don't care what time I get to bed I'm sleeping 7 hours so I I set my alarm clock for 7 hours after I really you do that after I lay down interesting I'm complete opposite oh yeah uh no matter what time I go to bed I wake up at 6:00 a.m. no matter what time uh Stephanie can tell you I'll send her emails at 3:00 4 a.m. in the morning you might get 2 hours might get 10 hours yep no never 10 no never o never over   seven okay I can't get over seven hours yeah I if I get over seven hours I feel joggy I feel like I've slept I've wasted my day um even on Saturdays and Sundays I will wake up boom and you know if whoever's in the my girl who's in the bed I'm in in my office at the home working you know at 6:00 a.m. on a Saturday that's how I'm wired if we get home at 1:00 from an evening you know out with friends which I rarely do 6:00 a.m. I'm up ready to go that's awesome man that's awesome and I think what helps you know I don't drink yeah don't   drink alcohol I don't care to um you know I drink water I drink too much lattes yeah uh but uh but yeah don't drank alcohol and I think that's helped tremendously sure not being in my system yeah that there's a huge movement now right towards not drinking my what's this new there's this new uh drink everyone's getting it's uh it's not it's we all know a virgin drink meaning no alcohol but a mocktail oh yeah every I'm hearing this everywhere everyone's just saying they're getting mocktails cuz they don't want to drink it there's like   mocktail bars there are I think there's some in Charlotte that are mocktail bars and they don't serve any alcohol at all um and I think a lot of people again I don't know if it was Co or whatever but a lot of people are very conscious with their health they're watching what they eat even you know with go again going to these grocery stores next time you go to the grocery store look at that this is bio-engineered chemicals you know a lot of people are watching that in what they're putting into their system for   sure for sure people are much more aware of it I mean I I'm a drinker I do drink which is fine yeah but I do I you know I did dry January and honestly you can just you can tell I mean you're poisoning your body with alcohol I think at this point everybody understands that they realize that and they choose either to do it or not but is poison to your body I mean that's what at the end of the day it is and for me personally I don't I don't care to wake up feeling you know joggy or anything like that I   care to wake up feeling great you know thriving and ready to go but alcohol does do that alcohol will do that to you and you'll definitely see the the weight I mean my lattes I see my lattes at my lower stomach and I'm like I got to do more ABS got to eat healthier got to drink the black coffee man I do so I drink the black coffee but when I'm out and about I'll stop and get a latte I I don't know I love I just love these lattes yeah I drink a ton of coffee so but mostly black coffee at home I I'll   make black coffee 100% at home black coffee but if I'm out and about traveling or something like that I'm like got to give me a latte yeah for sure but yeah man I mean it's it's staying healthy you got to keep yourself healthy to be able to perform mentally yeah you have to you have to these days especially with all this bioengineered you know chemicals all this type of food out there that is just unhealthy for you you have to really watch what you eat for sure for sure you got to get that work out in I mean if I'm not working if   I don't work out for like 2 days in a row I'm going I'm going like stir crazy oh I am too I am too I work out every single day and even if I can't get a full like hard workout in I'm like okay I'm going to walk around the block like I'm going to and I and I now have a tread meal under my desk where I'm like I'm going to at least walk one mile because I know I can't get a full workout in at the gym today so I'm at least going to walk one mile because I I have to keep my body doing something for sure there's something about it it just   clears your mind out right like it just it gives you Clarity by working out when when you don't work out for a couple of days man it's just like fog just I just feel foggy it no 100% you don't feel sharp I'm a big I'm a big fan of the sauna and the steam room yeah I love a nice sauna in the steam room I I do it before I work out and after I work out and I can stay in there for 30 minutes each like I love it in there um but I I think you know adopting that I'm looking into that red light therapy I don't know   if you've looked into it I've heard of it I've seen it but I haven't done a ton of research on it yet I've done some research on it I'm doing more on it though I don't know enough to be dangerous but I'm it's definitely everything I'm reading is very highly beneficial you get that like built into the sauna right I've SE if you get the home Sona too see I'm I'm bougie I work on a lifetime uh they don't have it there um but uh hopefully they do soon um but yeah you can get one of those home saas that also have the red light   therapy in it yeah yeah yeah I think I think that's huge um from what I've done with research is very beneficial for your body there you go let me know let me know what you what you find out I will I'll definitely let you know on that so I love what you guys are doing out in La you know really maximizing what that current law is out there do you see yourself you know you guys possibly getting into the multif family space of large multif family because I know that's what when you and I first met we   we were doing that all that you see yourself going back into that route sure man I mean when the market makes sense and I'm not saying it doesn't make sense but I I don't have a fully build out team right that that's able to find and identify great deals and that takes that takes a lot takes time effort all that exactly so I don't have that fully built out team but when it makes sense to partner with somebody that does have that team and I like the deal certainly certainly no I I don't I don't blame you   I think right now there's still a huge disconnect um I will have to agree with Grant cordone on this is that um I watched a video and he said um right now it's going to be very difficult to put push rents which I've said before and I agree with uh he's given a timeline about 2026 and then uh from there he feels that rents are going to Skyrocket substanti I you know right now it's going be very difficult push R you're not going to be able to for a good couple years so how are you undering you know back in the   day right after covid with the c rate compression everyone's underwriting four five 7% rent growth you know every single year and it's like you can't do that now and that's when I I saw the really the writing on the wall um and then from there you know if if that it's going to be like that for the next couple years till 2026 you know after that is it going to spike or is it not you know there's going to be a lot of Supply coming on the market how how what's it going to look like you know it's unpredictable man it's tough   anybody that tells you that they know the answer they they don't know they might be taking a good guess but they don't know they don't know I think you're going to see a lot of people switch asset classes like we did you know we're in the car War sector we're going to stay in the car War sector um you know will we get into Hospitality or retail here in Charlotte I mean I'd be dumb not to get into retail here in Charlotte or Hospitality we all know Charlotte's booming um it's a wild City so you getting our hands on great   property great real estate it may make sense yeah you you got to stay Nimble you got to stay Nimble you you can't just uh you can't just stay in one vertical one industry one asset type just because that's you know what you've done in the past corre that might not make sense right now today's market I think we saw a lot of sponsors in 2023 get into that

The Passive Income Attorney Podcast
RTBL 04 | The Hidden Cost of "Family & Friends" Capital and How to Avoid It with Chris Salerno

The Passive Income Attorney Podcast

Play Episode Listen Later Jul 29, 2025 58:44


Title: The Hidden Cost of "Family & Friends" Capital and How to Avoid It with Chris Salerno Summary: The video features a compelling discussion between host Chris CNO and Seth, an experienced SEC attorney with a diverse background that includes starting as a nightclub promoter and ultimately becoming a successful attorney specializing in securities law. The conversation dives into Seth's personal journey, detailing how his upbringing in West Virginia shaped his perspective on success, risk-taking, and accountability. He describes the importance of working hard and not making excuses, emphasizing that anyone can succeed regardless of the challenges they face in life. The two also touch on the realities of the current economic climate in the U.S., specifically in California, the significant changes in real estate investing due to securities regulations, and how entrepreneurs should approach risk in their business endeavors. The dialogue seamlessly transitions to discussing their shared experiences in fitness, a matter that Seth and his wife have prioritized through their ownership of Burn Boot Camp franchises while navigating the challenges posed by the COVID-19 pandemic. As they conclude their conversation, they reflect on the shifting dynamics of real estate and the importance of investor communication and education during economically unpredictable times. Links to listen and subscribe: https://podcasts.apple.com/us/podcast/fund-it-scale-it-close-it-unlocking-real-estate-success/id1760606484?i=1000680833837 Links to watch and subscribe: https://www.youtube.com/watch?v=iR8RiGLlZMA&t=2732s Bullet Point Highlights: Seth's Early Journey: Seth was adopted from South Korea and raised in rural West Virginia, leading to his realization of hard work and accountability. Nightlife Promotions: Before becoming an attorney, Seth thrived as a nightclub promoter in Los Angeles, reinforcing his skills in sales and networking. Law School Transition: After dropping out of medical school, Seth shifted focus from medicine to business and law, finding success in both fields. Importance of SEC Compliance: The conversation highlights common mistakes investors make regarding securities regulations and emphasizes how crucial proper legal guidance is in real estate. Pandemic Pivot: Seth and his wife managed to keep their fitness business afloat during COVID-19 by pivoting to online workouts, showcasing resilience and adaptability. Investor Communication: Both host and guest stress the significance of maintaining clear and consistent communication with investors, particularly in a volatile economic climate. Future of Real Estate: Discussion around California's real estate laws, particularly the push for accessory dwelling units (ADUs), presents new opportunities for investment. Transcript: it's something there you can make an excuse about and that's the issue about today's society is that everyone wants excuses we mentally uh wired to have negativity in our life I actually started promoting for nightclubs you were a promoter I was a promoter for nightclub life is The Hunger Games business is The Hunger Games the space that you and I are in private Equity it's the Hunger Games my knowledge number one thing SEC really gets you on as misrepresentation welcome to the crystalo show your goto for real estate   business health Health and Family Insight I'm Chris CNO CEO of QC Capital each episode we explore the latest trends and expert advice from industry leaders whether you're an investor entrepreneur or seeking balance this show provides an inspiration you need join us in elevate your game on the Chris alno show welcome to the chriso show I'm your host Chris alno very excited to have a friend of mine we've known each other for what five six years now think so man time flies uh when you're having fun uh Seth on here SEC   attorney doing a bunch of things excited to have him on here a wealth of knowledge Seth thanks so much for joining us dude appreciate you having me on appreciate you reaching out and uh inviting me over for the show most definitely and I'm glad it happened when it did because you're in town you're you're you live out in the beautiful I would say you guys have great weather and great In-N-Out Burger your tax and politics suck but California which is beautiful weather out there you happen to be in Charlotte for Fitness which   we'll touch on here in a second um but I'm glad we were able to make this work absolutely man yeah good timing really good so let's let's give everyone a little background about yourself all the way from you know childhood you know talk to us about that sure man yeah and I think it helps build the story U I'm adopted so I was born in South Korea and adopted a 3 months old and then by two wonderful people in West Virginia rural West Virginia that's different so you know I'm the only Asian in inal West   Virginia yeah so I went to high school with like 18800 kids country country Moon shiners yes for sure for sure good people I love West Virginia love it I love Snowshoe Snowshoe is really good great underrated best best on the East Co or best close to North Carolina I would say unless you get way up North but yeah North Carolina you know anything close snow Sho is where it's at yeah yeah I love it but uh yeah man grew up in Royal West Virginia so wasn't really exposed to entrepreneurship or owning real estate or anything like that   my parents are both Blue Collar uh my dad was a is a coal miner was a Miner is retired now my mom is a grade school teacher so you know I didn't come from are they still in West Virginia yes they are okay they're frequent trips back there you go there you go yeah so wasn't exposed to that stuff so it was all about kind of getting the best job that you could possibly get right talk talk to us about that mentality you were young what age did you come over to us three months three oh three months month   so you didn't even spend time in in South Korea you don't even know of not at all are you curious now you know with you being adopted anything anything about you know where you came from anything like that actually not man you know I I I think a lot of uh adoptees struggle with that yeah um I actually joined a Facebook group one time like with Korean adops and there's like thousands of them in there and I was thinking I'm going to gain some insight from this and but it was like No And it was a lot of uh you know to be blunt a   lot of whining in my mind a lot of crying right I'm about accountability and just going out there and getting it done and you know it's just about you know a lot of I say this all the time you are you can't control the cards you are dealt you can only control how you deal them sure you know you unfor you know unfortunately you it's a great thing it's not unfortunate it's fortunately you were adopted at three months you couldn't control that you couldn't control being born in South Korea and being adopted but you have to   control the cards you were dealt and you've done a phenomenal job you're a badass attorney you know phenomenal job with the cards you were dealt um but I can definitely see being in those type of groups you're going to get a lot of whining and moaning yeah I mean I I think it's you know it's a couple it's it's a couple things right I mean some people have a reason to to quote unquote whine and mo right you know they're they're dealt a bad hand but again like you said you've got to you've got to   play the cards you're dealt right and do the best you can with it and I think that if you are adopted it's easy to go and blame it on that it's it's an easy crutch to lean it's an excuse it's it's something there you can make an excuse about and and and that's the issue about today's society is that everyone wants excuses where mentally uh wired to have negativity in our life and so they're going to make an excuse oh I'm not successful because of this because of this that's a lie you are highly   successful and attorney a beautiful wife doing great things in business and in the real estate industry so you are proof that you can get it done you just have to work hard yeah you just have to work hard you can't blame shift I like to call it you can't blame it on you know the cards you were dealt or you know the things that uh may have happened to you or the situations you're in you've got to just move forward and do the best that you can so dad was a coal miner y mom was a a school teacher what made you want to say hey I'm G to   go into law school and be an attorney yeah it it was a little bit uh a little bit more of a story behind that first of all I went into uh medicine so I wanted to be a doctor all right um well I wouldn't say I wanted to be a doctor it was more like what's the best job that I can get with the mindset that I had my mindset was you know W2 worker type of mindset right like not entrepreneurial not don't take risk and it was and I you know academically it was pretty easy for me so it was just okay what's the best   job you can get is probably being a doctor right like that's kind of the highest calling um and I actually went to med school for a year and a half really yeah and then I dropped out halfway through my second year I literally just got up in the middle of class walked out and said I've I've had it I oh my goodness so I went Premed biology yeah I went Premed biology chemistry and biology whoop my butt so I said okay I'm going to business entrepreneurship switch business entrepreneurship and I said maybe it   wasn't chemistry and biology it was just College in general so I dropped out of college um but you so you got to med school and you're like okay I'm done with this Y and then what yep um honestly that was a turning point in my life I didn't know what I wanted to do right like I committed a a large portion of my life to you know schooling schooling taking the MCAT getting into med school finishing that's not easy either Med school's hard very hard very hard but I've always had an interest in business and real estate just kind of in   the background like I just always had an interest in it um didn't really know how to act on it at the time um so I actually just started enrolling in business classes like immediately just and ended up getting a minor in business for the rest of that year so I I in undergrad classes um and then I started up my MBA actually the following year so got my MBA and then I decided to take it the next step and go ahead and get my law degree because I was still in that same mindset it was like you know this   isn't enough I didn't really know anything about starting a business or anything like that and I just felt like I hadn't done enough so I went ahead and went to went to law school and at that point I did decide I was like look I'm going to I'm going to finish this whether it's the right thing or not um and I was very successful at it I finished towards the top of my class dedicated you know the time and effort it needed um and did really well so love that love that and so getting in what made you want to move out to California   number one on a win man so dropped out of med school kind of took those business classes just trying to figure out what I wanted to to do next on the other side of the world I'm in West Virginia still at this point yeah in West Virginia trying to figure it out and I just knew I needed to get out of there I needed to see more I needed to get out of West Virginia you know it was it was a tough conversation to have right like all my family and friends are there um you know I just dropped out of medical school so now they're like what   the hell is this kid doing you know what I mean like dropping out of med school but they've always been supportive always been supportive always been supportive they never like pushed me into medicine or anything like that and then when I dropped out you know they're still staying supportive but I'm sure in the background they're thinking what the hell are you doing uhoh yeah and then I just decided to up and leave and move to Los Angeles out of nowhere unbelievable unbelievable so you moved out to Los   Angeles yep how was that well I partied for a little bit yeah for a little bit they they know how to party out yeah for a little bit I didn't know what I was going to do I was enrolled um getting my NBA at the time uh mostly online um at Arizona State um so I kept the education going but at the same time I'm in La I'm in a new city I actually started promoting for nightclubs you were a promoter I was a promoter for nightclub for a little over a year in Los Angeles um before I decided hey I got to get my   [ __ ] together well I mean you'll definitely meet a lot of women doing that for sure you get paid basically per head on how many women you bring in the club oh yeah you've got a bottle or two waiting for you every single night y it's actually a pretty nice little lifestyle for somebody in their 20s oh yeah most I I believe it if you want you know if you want to get some experience get out there it's best you can meet a lot of women too yeah and it's a good like uh it's kind of a sales experience   be honest with you you're just for you're like hey I'm getting paid $10 ahead to bring beautiful women to this club I got to go out there and just talk to everybody literally just going out there talking hey you got this come to this club tonight we've got bottles all this kind of stuff and you know wow unbelievable unbelievable so from there you were like okay I got to get my [ __ ] together yeah had to get my [ __ ] together obviously you know I'm still getting educated in back getting my NBA   still kind of keeping the education going oh yeah um but I decided hey I'm going to go to law school so started applying to law schools um ended up getting accepted to a number of ones and I I narrowed it down to USD in San Diego because I wanted to stay in Southern California because I loved it um but I knew I didn't want to be in La so got out of La went down to San Diego because I had visited there a couple times and I just loved it it's just more of a laid-back attitude people were a lot more genuine just a place that I could   see s down at compared to La it's just you know it it it's kind of doggy dog there most oh it is it's a hunger life is The Hunger Games business is The Hunger Games the space that you are you and I are in private Equity it's the Hunger Games yeah you know and and you have to have that mentality you have to be able to survive yeah at the end of the day so from there you're like okay law school it is yep and then you get into law school well in law school or but even prior to that there's so many   different levels of law you can practice yeah what made you you know pick SEC and prior to that did you have any other interest in different type of law yeah I mean generally speaking I want I knew I wanted to get into transactional law I didn't want to be a litigator that's for sure um I was interested in business interested in doing deals those sorts of things so I started out actually at a at a pretty big Law Firm step tone Johnson and ended up doing both real estate and corporate I think that's when we first   met it might have been yeah yeah when when you were cuz they were out what in San Diego or no actually I moved back to West Virginia for that job oh did you okay maybe maybe you maybe you were just finishing there when we met yeah well actually I think we met when I was in probably when I was in Charlotte because I moved to Charlotte for another big Law Firm I think so but anyways yeah so I started kind of more general transactional practice with real estate and corporate and then as I kind of got   more mature and more experienced I started focusing more on the security side nice nice do you you enjoy security side for sure for sure the security side is it it feels a lot more sophisticated um I like the people that I work with in that field a little bit more um but I still have a passion for Real Estate like I still love real estate so even though I'm a Securities attorney it's largely focused on real estate yeah so let's talk about that you know for those individuals that may not know what a   security is most will know what a security is let's talk about that and let's talk about you know the the day-to-day what does a Security attorneys really look like sure sure I mean the easy way to put it for a security because because people kind of miss understand it but if you have passive investors involved at all anywhere anywhere any even if it's one you probably even if it's an LLC yeah you're probably dealing with a security and you're dealing with the SEC regulations and you need a Securities   attorney to advise you because there are lots of things to navigate that you're probably not aware of and that your real estate attorney probably doesn't have the knowledge or know how to to deal with mostely and I see that mistake being made quite a bit oh yeah no I I see that on social media all the time for sure all the time on social media and it comes down to even with words you say like you have to be very very careful you're not misleading whatsoever what do you find uh the most common maybe mistake syndicators or fund   managers do in the syndication world yeah I mean I think the most common mistake is just not even realizing that they're under the Securities regime right like they're just like oh well I'm just raising some you know I'm getting some investors from family friends and they think because it's family and friends maybe that it's okay but it's not it doesn't it doesn't matter who they are it doesn't matter if it's your your family or friends or you know stranger off the streets you're dealing with Securities yeah and that and you   have to deal with those Securities regulations to come along with it so I I think just not knowing yeah that or maybe kind of turning a blind cheek to it is is more like it I think people nowadays have a pretty good idea of because it is kind of out there now right everyone's on social media they're all talking about it the biggest thing too is is you don't want to not know and you don't want to turn that cheek because um something to know is that SEC has unlimited money and they will milk you dry so you might as well spend the   money ahead of time find you a good SEC attorney like Seth you know to make sure that they don't milk you dry because they will milk you dry and they'll throw you in a little white little 4x6 cell and it's not going to be fun if you didn't know they can print money yeah so so if you're you're going up against someone who can print money and you necessarily can't print like they can print exactly you know so you got to be careful and that's not to mention the state Commissioners too so you've got the SEC to deal with as   well as the state Securities commissioner which people don't people don't realize that there's a federal and a state level too and and it's super important to understand what state you're doing business in and what state your investors are coming from and and super important to understand at a state and federal level yeah yeah and it's a you know and if something happens it's a full-blown investigation I mean it's just like a subpoena or you maybe you will get subpoenaed uh but they're asking for everything you they're asking   for texts they're asking for emails asking for phone logs they're asking and give it give it to them like don't even because if you don't they're going to get it they're going to find it yeah I mean they're just going to subpoena you on it and the judge is going to make you do it or they'll throw you in jail so no matter what give it to them and then address every single situation you know or issue that they bring up that I I think it's it's super important we just talked about this on the other podcast   is be transparent yeah you know be transparent because if not they're again they have unlimited Capital absolutely you know they're going to come and get you no matter what and and if and if being transparent makes you nervous then maybe think about the way you're doing business right oh yeah I mean you should be able to be transparent and and just like I said on the other podcast big investor that we had or a big investor that we interviewed on the other podcast and I said you know during 2023 as you   know uh interest rates spiked you know little bit yeah just a little bit and a lot of syndicators were not transparent a lot of them went ghost a lot of them were let like screw this I'm done and we double down we went from monthly communication to bi-weekly communication which is a lot more on our team but we did it to overc communicate we didn't have to cuz our SEC doc said just once a month we could have just stick it once a month but we decided to double down yeah and and that right there overc   communicating saying hey this is what's going on it's out of our control but this is what we're doing to make sure we can control this you know I think is super important when you're a syndicator fund manager you name it when you're dealing and having investors involved 100% man 100% And you you are able to control the narrative that way too right like if the the past investors is sitting there and they're reading the headlines and they're seeing the interest rate Spike and they're hearing about multifam going down the tubes and   all this stuff and that's not necessarily true not all those things are true it could be Market specific deal specific those things but if you're not in constant communication with them letting them know hey this is what's going on with this deal maybe this deal is going great maybe this one's not going as well well here's what we're doing to fix it it it goes a long ways 100% their trust you're going to have an upset investor you know you are if you have you know 20 50 100 investors one's going to be upset and if you ever got   audited you can all you can go back and say look at all of our communication right like read through all of our communication we were transparent about everything they're going to look back and be like okay it's this a pissed off investor yeah you for sure for sure and it's super like communication is the biggest uh I think thing that is lost in% capital and also you know being being transparent with the communication because number one from my knowledge number one thing SEC really gets you on is misrepresentation absolutely you know   and if you're not being transparent on it with everything on there boom it it will be a very ugly day for you for sure be transparent you know obviously the things that you leave out as well like if there are key material things that you're leaving out and then you've you've disclosed all these things let's say down the line to the SEC or State commissioner like what in the world this doesn't sound like you're representing this deal like it really was at this time and maybe they're going back and   looking at your records looking your financial statements and seeing how that deal was going it wasn't going great it was going terrible Y and you're saying that everything is great well um that's not being transparent right you know you're not communicating that with the investors right yeah no I think that's super important H you know what have you seen you know over 2023 dealing with you know Securities talking with other fund managers things like that what have you seen you know during last year with   interest rate hikes man it it there was a little bit of blood in streets right you know a lot of these deals um that had shortterm loans that had um you know the the variable loan rates um struggled yeah a lot of people that caps they didn't get rate Caps or the or the cap expired yeah or their cap expired and they didn't have enough money in reserves to buy an extension on the cap you know and and that was huge that was huge thinkk one of our deals uh had 202 for or excuse me uh 2024 expiration and   we bought uh end or beginning of 2023 end of 2022 rate cap to Extended 2025 and I'm so glad we did it yeah you know it was perfect timing because that same rate cap would have been a million and we only spent like 400,000 yeah yeah for sure yeah so you're seeing a little bit of blood in the streets um you know I think right now what's happening banks are allowing for some uh leniency with their loans they don't they don't want to have the property absolutely and it looks it looks terrible if they do have   the property on their balance sheet plus I think they the this go around cuz oh0 wait the first thing they said is we're going to foreclose on everyone we're taking everyone's property then they realize well [ __ ] I got a ton of property and no one wants to buy it yeah you know so I think they've learned their lesson and now they are like okay we don't want to forclosed because no one's going to buy it and if they do buy it we're still going to take a huge loss so let's go ahead and see what we can do   to work things out you know if the property's really really not bad let's see what we can do to work things out because it will rebound it's coming back back around yeah but I do think you know we're kicking the can down the road they're giving extensions those sorts of things and we're all banking that the interest rates are going to go down at some point right so we're hoping for that um I think that they will I think we're going to see one before the election yeah it I think we're going to see a quarter point before the election   I think I think some politics have gotten into drone Pal's head no way yeah I know right no way couldn't I I think they I think they had a nice little cigar dinner or something and and I think they got in his head so I think you'll see one before the election of this year I agree I agree yeah you know it's it's going to be a wild election too not wanting to dive deep into politics but it's definitely going to be a wild one uh talk to us about you know the the California lifestyle what are you what are you doing right now you you   also your wife beautiful wife has a great business you guys are running that's why you're here in Charlotte talk to us a little bit about that and why you guys got into that too yeah so we uh started uh we bought two burn boot camp franchises so uh my wife luckily runs those helped her get them off the ground and now she's crushing it so letting her run with those and uh they're going really really well um lifestyle in California you can't beat it man I mean San Diego is unbelievable oh it's beautiful down there the weather   everything kind of like how you said earlier in the show I mean if you if you can afford to live there one because it is really expensive oh I know and if you can deal with the politics then there's no better place in the United States for sure really there's not you know I just wish they had better politics over there um but yeah the weather out there is so beautiful you really can't beat it you can't beat it you know let's talk about health because you guys own those burn boot camps they're huge in Charlotte um   their headquarters here in Charlotte that's where it was founded um and tell us a little bit about what burn boot camp is and then also I'm going to want you to touch on like how are you optimizing your health to to be the phenomenal husband that you are to operate you know businesses and getting involved in real estate talk to us about that sure man yeah burn boot camp it's a boutique Fitness franchise um you know it's it's Boot Camp style workouts workouts the same um it's incredible and and it's focused on women it's focused   on empowering inspiring so if you're a single man you should go absolutely absolutely I will say I've been taking up hot yoga lately Hot Yoga is good and for those single men out there go to hot yoga just saying there we go yeah Gym's not a bad place to pick up women yeah plus the great thing too is that there's no filters you can't have filters at the gym and more than likely they're not going there with makeup on so it's it's a good place to filter out women you want there you go a little different than the apps right yeah I   know so so it's geared more towards women it is geared towards more towards women um but it I work out there every day I mean that's where I work out now like that's that's what I do I love the total body workouts I love the total body workouts you go in like an orange theory you go in one hour boom you're done you're going about your day exactly hour in and out of there and for guys like us that have a million things to do like it's unbeatable and I want somebody telling me what to do I was just going   to say that I don't want and I I work out by myself now and it's so much easier showing up tell me to shut up go do this do that get it done boom okay I'm all about my day you know tell me what to do right just tell me what to do I I will I will tell you I've been to the gym and there's been times I've had business on my mind that I'm like wait okay so I'm at the gym what do I need to do like you're sitting like a 24-hour fitness or or yeah something like I work out at lifetime I live right behind it   and I walk in there sometimes because of my long days and I'm like [ __ ] what do I want to do today like I because my mind is business business business it's so much easier showing up having someone said hey we got all these set workouts you're going to knock these out and be done they make they make you focus on the workout at that point instead of you know business or whatever listen to a podcast or something what got you guys interested in opening up one of those I hope you're enjoying today's episode   just a quick reminder to make sure you never miss an episode stay connected with us by following us on social media platforms Instagram Twitter threads Tik Tok at Chris saloor and don't forget to subscribe to YouTube to catch the video versions of our episode you'll get exclusive content behindth scenes footage and much more head over to YouTube chrisoro now and hit the Subscribe button stay tuned because we've got more great content coming right after this actually cuz my wife worked out at one   here in Charlotte really so she was working out at one she was working out at one here in Charlotte and then we moved back to the West Coast cuz I took a job here in Charlotte for a little bit then we moved back to the West Coast and I was look looking to start a business I was looking for something recession resistant outside of real estates I was already investing in real estate but looking for a business outside of real estate I looked at liquor stores I looked at laundromats um and then she   turned me on to burn boot camp which is not recession resistance let's put it that way but at the same time they're really good salesman look like a great business model turned out to be awesome although oh most definitely yeah circumstances weren't great we opened two weeks before Co hit oo but talk to us about that you know opening a and we all know California they they lock down like oh yeah they lock down you can't even go get your mail out of your house um talk to us about that opening up a   business right before covid and being in California where you know they were basically Nazis out there yeah for sure I mean we opened up two weeks in um and we didn't have any paying members because we were all on uh they were all on like a free membership TR one yeah so then we had to shut it down we had to move inside we had to move outside we did online workouts every single day uh pivoted yeah we pivoted we did whatever we had to do to keep the lights on wow um so literally our lead trainer and   business partner was in our apartment leading online workouts and me and my wife Alison are in the background like like a yeah like a music workout video Yeah in the backgound but it did keep us in shape during Co cuz we worked out every single day because we had to make those videos you had to yeah but it was I mean it was ridiculous out in California man they shut down the beaches they shut down the water you weren't allowed to be in in the ocean what you weren't allowed to be in the ocean cuz they said it got transmitted   through the water at one point so are you serious so they kicked the Surfers out of the water and you kick the Surfers out of the water in San Diego you're you got some pissed off people you got a big problem but there are like all these you know Instagram videos the cops chasing Surfers down the beach and the guy just dropping his surfboard and running it was it transmitted through the water yeah insane but that's new heard that inside outside online inside outside eventually we we blacked out our   windows so you couldn't see in it because we got we got actually attacked by U an Instagram person that ended up going viral because he said hey you're the reason that we're the the disease is spreading because of businesses like yours and they filmed us from the outside into the windows and it went viral no way and it went viral and then finally we we ended up blacking out the windows and just stayed open cuz there's at that point it was like either Do Your Own Thing yeah and stay open oh yeah or   we're going out of business yeah you got to shut shop and this is a venture you just opened up no one knew Co is coming and all a sudden Co boom co comes and wow so you bled out the windows and you said hey we're just going to do it it's like a Speak Easy now yeah you guys want to work out we called it that at one point really speak easy easy workout like underground workouts underground haircuts there all kinds of that stuff going on it was insane that's W if you just have to think about that that's   just wild yeah like you know just for your basic necessities to stay in shape and things like that turns out if you got sunshine and you worked out you were a little bit more immune to the disease oh really yeah interesting interesting wow and you weren't locked in doors and you weren't allowed to work out yeah well problems wow I think we can go on a rabbit hole about that damn I'm not a big fan of I will say I do think there's another one going to be coming you know I think there's another pandemic that   will be coming um because of what happened with the first one so let's see uh let's just see what happens let's see if we handle it better this time uh we shall see it depends on whose's President I I think that's that's true yeah um definitely depends on them so you guys now you know past covid everyone's now out and about in California everything's been lifted and now those are up and running are those are the only ones really on the west coast right or um I think there are let's see two four five I think there's   six in California right now six now yeah cuz like you said it was based in Charlotte mainly east coast yeah yeah I think there's about 400 locations open now very cool um actually I think they're approaching 500 locations now yeah um so it's expanding pretty quickly at this point you know Fitness franchises have have rebounded completely from Co at this point oh my God yeah I think I think the fitness industry and I'm seeing it more and more people are taking it a lot more serious yeah they're they're watching what they   eat and I I said this multiple times with my son he's four and a half uh he watches what um or I make sure whatever I give him I watch very closely goldfish now and if you look and I swear this is brand new if you look at any ingredients now it says bio oh what is what's it say bio biograde or bio bio bioengineered food so it says it's been bioengineered the food that's been in there yeah so if you look go next time you go to the grocery store look at the ingredients and now it says it in bold you can pick up some gold Vision it says   bioengineered chemicals hm in the food interesting it's wild even her Pedialite had it said bioengineered chemicals now I swear that just popped up you know in one of these crazy bills cuz I've never ever seen it say bioengineered food on there uh and I steer very far away from it I'm big on those factors Factor meals now okay I have you heard of those I have y so I get those now once a week it's like 141 bucks uh lunch and dinner CU I don't eat breakfast so lunch and dinner 141 bucks and I'm thinking in my   head well if you and I went out to dinner it'd be about a 100 bucks right now so I get uh 14 meals per week lunch and dinner for 141 bucks I'm like I can't beat that yeah like that's good I throw them in the microwave 2 minutes boom done yeah we do pre-made meals all the time but we switch like we've done Factor before bur boot Camp's actually coming out with some in the fall we we got the test drive and they're actually pretty delicious cuz yeah we're pretty picky about these types of meals you   have to be but they're actually really good are they so they're coming out they're coming out with their own branding yep oo that'll be exciting and that is that's not just for boot camp people that's for everyone yeah you can just get on the app and order them this fall I believe really oh I'm going to have to switch it up and try man they're good but especially with pring these days it makes sense plus how busy you and I are yeah I mean so are you meal prepping or are you using these type of things my wife does some meal prepping   on Sunday got to love her yeah that's basically it every once in a while I volunteer to grill out but man it's it's it's a Time suck right like it to feed yourself at home like it sounds even going out you know for a lunch meeting it's like two hours like I have to block two hours off on my day for a lunch meeting yeah yeah I mean trying to cook an individual meal every single night let alone like lunch as well and even and then you got to clean all that Tak in just takes so much time we we don't   have time for it no I I I don't either that's why I start a factor where I throw it in 2 minutes boom I eat it and I'm done and I'm like well I threw it away boom no cleaning done I love it I love it so you guys are doing great things with the bur boot camp out there what do you what are you seeing uh let's go back to the real estate market what are you seeing in the near future I know we talk about interest rates lowering you know what are you seeing what are you doing right now in the real estate   market as well yeah um currently a fund manager for $20 million fund it's an Adu Fund in California so we're doing basically in California just like everything else difficult to do anything right like the government's got their handed and everything oh my God so very difficult to get any kind of construction done off the ground it's mind bogling we're buying a car wash and Cape car right now and it's finished yeah well they came out for the co they don't like the garage doors and so now we have to order new or the the seller   we're buying it from the seller seller has to now order new garage doors it won't be here till end of October and I'm like like seriously the garage doors will only be down between 9:00 at night and and 7 in the morning like it's middle the night no one's going to even look at them yeah like and you want these fancy garage like come on really yeah you know so and I can't imagine out in California yeah and if you get the coastal commission involved it takes literally years and years to do any so   anyways the reason I brought that up is because the adus accessory dwelling units they actually have a bill in California that they past and they basically just FastTrack those types of developments so if you want to add they they view it as a a solution to housing so the lack of housing yeah um so they let you build on uh turn your single family property into a duplex or even build duplex on the on the property if you have a big enough lot um so you can turn one units into four and rent the back out or rent them all out yep   exactly so it's a it's a quick way to get the construction approved get it done I don't know how long this wind is going to be open so you guys taking advantage so we're taking advantage of it right now love that love that and is your main focus down there in that San Diego Market um it's actually Riverside County okay yeah where and where I'm Riverside county is is East just East adjacent of Los Angeles County okay right so a little cheaper housing so it makes a little bit more sense when you get closer to the coast it stops making   a lot of sense you got to go for some more creative Place cheaper like 5 million probably yeah yeah yeah just a little $5 million 5 million um but but cheaper housing there so you guys are finding opportunity now is that bill all for California where you can for all California and then the local um you know counties and municipalities can kind of change that and you they can't make it any more restrictive but they can make it even less restrictive okay good and so are you uh are you guys doing long-term rentals there are you   doing short-term like airbnbs um semi longterm right so we're putting in a 10-year fund so you know we're getting we're buying the property we're renovating it putting ad used on the properties and then renting them for a few years and then unloading them towards the back end of the the fund I love love that and with these you're all buying them in the same area yeah yeah Riverside County generally I mean it's you know spread across how are you guys finding good deals in this market you know it's so hard multif family no you   name it any any type of real estate there's always a huge disc connect between a seller and a buyer how are you guys finding good deals right now uh my business partners man like I you know I'm handling legal I'm working with some Capital I'm I'm advising on on raising Capital those sorts of things um but my business partners are real estate brokers and they' been doing uh this type of thing identifying properties that are perfect for adus um for a number of years at this point so they're they're the main source they they get   first look I love I love that how how is it finding you know great business partners you know it's just like a marriage you you got to test it out you got to see how it is because a Business Partnership is like a marriage how is it you know and how did you guys link up yeah um networking event so I met I met these bus business partners actually at a wealth without Wall Street event that I was speaking at nice yeah yeah so I met them hit it off with them I think the first I've been in Good and Bad   Business Partnership relationships yeah I I think you you have to go through bad ones you do because if if you don't go through bad ones you don't know what what can happen to you and I would rather go through bad ones early on to make sure that when if we went into business we have the right contract the right verbage all of that in place because at the end of the day again just like if you would get married you're signing a contract to your wife you know in most circumstances I highly recommend   sign a prup I'm not a big fan I don't believe in marriage uh but a Business Partnership is a marriage yeah you know it is it is and building off of that like you have to like the person I think that you're going into oh 100% you have to hang out with them like you you have to be very cold cordial you know talk you guys have to like the same things if you just like a relationship if you guys don't like the same things if you don't like if one party likes working out the other one doesn't other one doesn't eat   healthy the other one eats healthy like it's just not going to work out it's not not not a long-term Business Partnership right like it can't just be transaction maybe shortterm really quick turnaround time but if it's going to be a long-term Business Partnership you got to like that person you generally like him you're like hey I I like this dude I'll go have a beer with him this is great this is I'll travel with him my business partner we travel around the world together we hang out together we go to   the same events together we like the same things you know it's it's amazing that's super important part because I think communication back to communication is huge right like and if you don't like that person it's going to feel forced and awkward and kind of going over a hump to try to communicate with them and that's the key you got to stay transparent you got to communicate because again if you have that separation you're not communicating you're not transparent who knows what the other person is doing at that point   oh agreed agreed most definitely I mean my business partner we talk about 20 20 25 times a day yeah and it's and most of it's business but other thing is personal hey how's the family doing how the kids doing you know anything going on blah blah blah but it's super important to also let your business partner know what's going on with you personally I think that's I think that's important as well because if if you're going through you know knock on wood you know something with your marriage I need   to know that I feel you know even if it's getting a little rough I need you to say hey you know my marriage is getting a little rough because I need to know okay if you're not here at business 100% I'm going to step up 120% to make sure that we're still good you know I think that's important AB for sure for sure and we do that even with like our team so with bur boot camp with some other businesses that we have we have leadership meetings and we make sure that everyone sh kind of personal things   what's going on keeping that transparent relationship up because it's it's important it affects um your personal life affects your business life as much as you don't wanted to most definitely no you're spot on there so I always say not all not all chefs not all chefs should own the restaurant not all attorneys should own their own practice you know what has really helped you to really own your own business and and you know go through the trial and errors and things like that to you know survive Co   to to run a successful you know Law Firm things like that yeah I mean I think one of the key things for entrepreneurs and people starting businesses you got to be a little bit crazy right you got to be a little bit crazy you got to be willing to take risks right you got to assess risks and and take them you can't be afraid to to just go out there and take action and do it um I think that attorneys on the other hand are trained not to take risks right they are trained to assess the risks but they're really   leaning to risk averse risers really leaning towards no whereas an entrepreneur is leaning towards yes yes so I think that I strike a really good balance between those two that's good um and I think that's what allows me to be an attorney at heart but then you know also be an entrepreneur and take risks and I think that's what my business partners appreciate as well I love that um I figure out how can we do it rather than can we do it right like that most attorneys will be like well we can't do it because of this or I advise   you not to do it because of that I will say look we can do it here's how yep right and here are the risks oh most definitely now you as the business partner if you're my partner we need to decide is it worth it or not yeah right cuz there's there's always risk involved so do you want to take no matter what you do there is risk you just have to make sure you take the calculated risk that's right you know and sometimes you may think it's calculated at that point in the moment and it turns out to not be   right so you have to have the ability to Pivot very quickly like you guys did with Co you have to have that ability to handle that stress and handle that pressure so you can power through for sure absolutely yeah no I love that where do you see you you think you know where do you see yourself uh you know growing uh triest you know where where do you see yourself with that and on to the Future yeah so I joined tribe vest of July of last year nice so it's been about um been about one year and we have   really developed um you know this this fund of Fund in a box right like you've probably heard about how the market is really shifting from the cgp model right to fun of funds because the is kind of you know they kind of started investigating people and you know these folks that had these cgps that were just raising capital and not doing anything else which everyone knows you're not supposed to do but everybody does it anyways yep um started looking for another solution and the fund the funds model has always been it is the solution   it's always been the solution it's not a new thing it's just a more you just people didn't know of it at the time at a high level yeah and and honestly it it's more complicated it's more expensive it's more expensive and there's just you know a lot more things to go into it so people just took the easy route did theot quote CP rout and and it you know I guess I'll say that it worked up until this point right like I guess you could say you got away with it or what have you um but the market is is   is Shifting or has shifted to the co or to the fun everything is fun to funs now that's all I'm seeing is fund to funds models training programs you know and fund to funds things like that you know it's definitely questionable I think as an investor I would ask if if I'm talking to a sponsor hey are you the lead sponsor or you a fun of funds because in in my eyes you're paying double fees you know to get into those opportunities don't get me wrong people need to make money people are giving you   great opportunities to invest and build your Capital um but there's definitely questions I feel like definitely needs to be involved yeah I mean there's always questions right I mean even when everyone was using the CP model it's like well who's actually the operating partner who's the lead sponsor who's actually going to execute the business plan after we closing this property and I think a lot of cgps were kind of masquerading as the operating partner like hey this is my deal I found the property I'm going to be doing this   executing this business plan in reality there's a lead sponsor who found the deal who's signing the loan documents who's going to execute the business plan and sometimes there passive investors don't even know they don't even know and and fund manager like you said kind of same it's the same thing right the fund manager should not be representing that they're the operating partner Som or anything like that um I know at tribe vest we we really emphasize that because the the vehicle that we use is an SPV   fund of fund where the the fund of fund is designed only to invest in one specific deal so we're not it's not a discretionary fund where you can do whatever we can do whereever whatever you want invest you know multiple deals or anything it is one deal so you're really just serving as a conduit uh to invest in a Target deal so it's very clear to the pive investors very spe specific if you invest in this fund of fund all your capital is going into this deal and we disclose those deal documents as well so those offering   documents are an exhibit to the fund of fund offering documents most definitely no I think that's super important and we have a fund that we've put together for car washes and before we really truly launch the fund we have we have those deals locked under and we're like look these are the deals we may add some more deals but these are the specific deals that we are buying and that the capital is going into yeah yep yeah for I think that's super important so you guys are really taking advantage of this   opportunity out in California um you see it definitely growing you know with your guys's portfolio out there oh for sure for sure I mean the fun to funds model we we've made it affordable right so the the problems with it were that it's complicated it's expensive those are the two B two biggest things you've got to get your if you're a fund manager who used to be a cgp depending on the lead sponsor to do everything for you now you've got to do all those things yeah accounting you know all bookkeeping all   of that you got to open a business banking account you got to form your LLC you've got to find a Securities attorney you've got to find a CPA you've got to manage your investors you got to find a platform all those things that the lead sponsor usually does yeah and then you're going to have to pay depending on the attorney you know anywhere from 15 to 30,000 absolutely uh you know on average some are even 50,000 from what I hear but normally the head attorney who's running the whole syndication will   have a deal where you can do a fund of funds at a cheaper amount but it's going to cost maybe 15 20,000 for you as a fund manager to open up your own fund right and you know that some CPS former CPS can't really raise Capital right like they own a deal and they say hey I can raise a million bucks easy and then they come up with 100,000 bucks or zero yeah right so if you do that with a fund of funds well now you an attorney 15,000 bucks or 25,000 bucks and you didn't raise any Capital you're screwed that's   a lot of money out of your pocket when you weren't able to get paid on that deal yep um but what we've done at triest is combined all all those things together love that we you with triest it's a fun to fun in a box it's basically done for you kind of a done for you program you know you you get your k1s we open your business banking account we form your LLC we do your offering documents we on board your investors so we send out electronic signatures of the offering documents quote unquote hurting the cats right   getting getting them to wire their funds basically taking the place of an investor relation which I will tell you I love our investors that will sign and wire right then and there but we do have those sum that will sign and then the wire is like pulling teeth and it comes to a point where I'm like look like I feel like I'm stepping my boundaries by keep asking you hey why are your Capital we need you know it's very difficult sometimes yeah it is it is and I can feel for him a little bit especially the first time   around ,000 bucks you're like whoa this is crazy wiring to a stranger or somebody you might have just had a couple of contacts you know we we advertise heavily on social media we only accept accredited investors as a 506c so we can advertise we advertise heavily on social media um I don't actually to be honest with you I don't think I've ever done a 506b that's awesome that's a great that's place to play I always6 coun people to do five sixc and only accept credit investors that's going to keep you safe yeah 100% you know and   it's it's a lot easier um but yeah you know I think it's it's super important to go that route and even with those new investors I definitely understand you know 50 200 300 you know 500,000 is a lot of capital from someone you you met on social media that's why you ask the right questions that's why you get references you understand the business model business strategy and at the end of the day though you have to take a risk you have to take a risk and a leite got the trigger and just do it yep got   to take action I love that you guys are doing that all inone I think that's huge yeah yeah and going back to to pricing man you the last Law Firm that I worked at huge Law Firm top three law firm in the world we charged $75,000 you bullsh out of the gate for a set of s now this was at the lead sponsor level but a lead sponsor documents and that's just for the initial drafts and then it's charged per hour no way yeah get started just to get started people don't realize how expensive creting a fund is it's   expensive yeah yeah and then some people you know there are you know these Boutique firms I mean even my Boutique firm we do it at a much lower cost and people are like whoa that's so expensive because they just haven't seen it I'm like you have no idea how expensive it actually can be oh I know do you do you see yourself uh going into any other practice of law oh I don't think so secur is where it's at man I mean I've I'm a fund manager I've syndicated deals myself as a lead sponsor you know I've   worked as a Securities attorney now for a number of years so it's it's kind of where my interest and my legal practice have kind of combined how do how do you keep up with your energy and your mindset your your your high energy your great mindset how do you keep up with that and cultivate that man I think you know we kind of touched on it before but we didn't quite get around to it it a lot of it is just trying to take care of yourself staying healthy man getting sleep that's super important right I   think a lot of entrepreneurs run themselves into the ground and they don't sleep man I don't care what time I get to bed I'm sleeping 7 hours so I I set my alarm clock for 7 hours after I really you do that after I lay down interesting I'm complete opposite oh yeah uh no matter what time I go to bed I wake up at 6:00 a.m. no matter what time uh Stephanie can tell you I'll send her emails at 3:00 4 a.m. in the morning you might get 2 hours might get 10 hours yep no never 10 no never o never over   seven okay I can't get over seven hours yeah I if I get over seven hours I feel joggy I feel like I've slept I've wasted my day um even on Saturdays and Sundays I will wake up boom and you know if whoever's in the my girl who's in the bed I'm in in my office at the home working you know at 6:00 a.m. on a Saturday that's how I'm wired if we get home at 1:00 from an evening you know out with friends which I rarely do 6:00 a.m. I'm up ready to go that's awesome man that's awesome and I think what helps you know I don't drink yeah don't   drink alcohol I don't care to um you know I drink water I drink too much lattes yeah uh but uh but yeah don't drank alcohol and I think that's helped tremendously sure not being in my system yeah that there's a huge movement now right towards not drinking my what's this new there's this new uh drink everyone's getting it's uh it's not it's we all know a virgin drink meaning no alcohol but a mocktail oh yeah every I'm hearing this everywhere everyone's just saying they're getting mocktails cuz they don't want to drink it there's like   mocktail bars there are I think there's some in Charlotte that are mocktail bars and they don't serve any alcohol at all um and I think a lot of people again I don't know if it was Co or whatever but a lot of people are very conscious with their health they're watching what they eat even you know with go again going to these grocery stores next time you go to the grocery store look at that this is bio-engineered chemicals you know a lot of people are watching that in what they're putting into their system for   sure for sure people are much more aware of it I mean I I'm a drinker I do drink which is fine yeah but I do I you know I did dry January and honestly you can just you can tell I mean you're poisoning your body with alcohol I think at this point everybody understands that they realize that and they choose either to do it or not but is poison to your body I mean that's what at the end of the day it is and for me personally I don't I don't care to wake up feeling you know joggy or anything like that I   care to wake up feeling great you know thriving and ready to go but alcohol does do that alcohol will do that to you and you'll definitely see the the weight I mean my lattes I see my lattes at my lower stomach and I'm like I got to do more ABS got to eat healthier got to drink the black coffee man I do so I drink the black coffee but when I'm out and about I'll stop and get a latte I I don't know I love I just love these lattes yeah I drink a ton of coffee so but mostly black coffee at home I I'll   make black coffee 100% at home black coffee but if I'm out and about traveling or something like that I'm like got to give me a latte yeah for sure but yeah man I mean it's it's staying healthy you got to keep yourself healthy to be able to perform mentally yeah you have to you have to these days especially with all this bioengineered you know chemicals all this type of food out there that is just unhealthy for you you have to really watch what you eat for sure for sure you got to get that work out in I mean if I'm not working if   I don't work out for like 2 days in a row I'm going I'm going like stir crazy oh I am too I am too I work out every single day and even if I can't get a full like hard workout in I'm like okay I'm going to walk around the block like I'm going to and I and I now have a tread meal under my desk where I'm like I'm going to at least walk one mile because I know I can't get a full workout in at the gym today so I'm at least going to walk one mile because I I have to keep my body doing something for sure there's something about it it just   clears your mind out right like it just it gives you Clarity by working out when when you don't work out for a couple of days man it's just like fog just I just feel foggy it no 100% you don't feel sharp I'm a big I'm a big fan of the sauna and the steam room yeah I love a nice sauna in the steam room I I do it before I work out and after I work out and I can stay in there for 30 minutes each like I love it in there um but I I think you know adopting that I'm looking into that red light therapy I don't know   if you've looked into it I've heard of it I've seen it but I haven't done a ton of research on it yet I've done some research on it I'm doing more on it though I don't know enough to be dangerous but I'm it's definitely everything I'm reading is very highly beneficial you get that like built into the sauna right I've SE if you get the home Sona too see I'm I'm bougie I work on a lifetime uh they don't have it there um but uh hopefully they do soon um but yeah you can get one of those home saas that also have the red light   therapy in it yeah yeah yeah I think I think that's huge um from what I've done with research is very beneficial for your body there you go let me know let me know what you what you find out I will I'll definitely let you know on that so I love what you guys are doing out in La you know really maximizing what that current law is out there do you see yourself you know you guys possibly getting into the multif family space of large multif family because I know that's what when you and I first met we   we were doing that all that you see yourself going back into that route sure man I mean when the market makes sense and I'm not saying it doesn't make sense but I I don't have a fully build out team right that that's able to find and identify great deals and that takes that takes a lot takes time effort all that exactly so I don't have that fully built out team but when it makes sense to partner with somebody that does have that team and I like the deal certainly certainly no I I don't I don't blame you   I think right now there's still a huge disconnect um I will have to agree with Grant cordone on this is that um I watched a video and he said um right now it's going to be very difficult to put push rents which I've said before and I agree with uh he's given a timeline about 2026 and then uh from there he feels that rents are going to Skyrocket substanti I you know right now it's going be very difficult push R you're not going to be able to for a good couple years so how are you undering you know back in the   day right after covid with the c rate compression everyone's underwriting four five 7% rent growth you know every single year and it's like you can't do that now and that's when I I saw the really the writing on the wall um and then from there you know if if that it's going to be like that for the next couple years till 2026 you know after that is it going to spike or is it not you know there's going to be a lot of Supply coming on the market how how what's it going to look like you know it's unpredictable man it's tough   anybody that tells you that they know the answer they they don't know they might be taking a good guess but they don't know they don't know I think you're going to see a lot of people switch asset classes like we did you know we're in the car War sector we're going to stay in the car War sector um you know will we get into Hospitality or retail here in Charlotte I mean I'd be dumb not to get into retail here in Charlotte or Hospitality we all know Charlotte's booming um it's a wild City so you getting our hands on great   property great real estate it may make sense yeah you you got to stay Nimble you got to stay Nimble you you can't just uh you can't just stay in one vertical one industry one asset type just because that's you know what you've done in the past corre that might not make sense right now today's market I think we saw a lot of sponsors in 2023 get into that

The Will Cain Podcast
Secretary Hegseth Prioritizes Warriors Over Ballerinas (ft. Jocko Willink & Jeremy Judd)

The Will Cain Podcast

Play Episode Listen Later Jul 23, 2025 64:20


Featuring Guest Host - Author of ‘Behind The Badge' & FOX News Contributor, Joey Jones Story #1: Retired Navy SEAL, Author of ‘Extreme Ownership,' and Host of the ‘Jocko Podcast,' Jocko Willink, and Joey dive into the military's recent surge in recruitment under Secretary of Defense Pete Hegseth, the value of humility in leadership, and the cultural shift in how Americans prioritize family and values over politics, such as the exodus of the In N Out Burgers owner from California to Tennessee .Story #2: Retired Maine game warden, Jeremy Judd, shares moving stories from his 20-year career as a game warden in Maine. Judd speaks candidly about the emotional toll of recovering drowning victims, the critical role of life jackets, and the often misunderstood powers and responsibilities of game wardens. Story #3: Joey and The Crew test their knowledge about the origin of professional sports team names following yesterday's discussion with David Wells. Subscribe to 'Will Cain Country' on YouTube here: Watch Will Cain Country! Follow Will on X: @WillCain Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Marc Cox Morning Show
Genevieve Wood on Big Money in Missouri Politics, California Exodus & ICE Attacks Surge

The Marc Cox Morning Show

Play Episode Listen Later Jul 23, 2025 6:28


Genevieve Wood joins to break down In-N-Out Burger's corporate exodus from California due to soaring minimum wages and crushing regulations, highlighting the economic disaster of $30/hr wage proposals in places like LA and New York City. The conversation turns to the skyrocketing assaults on ICE officers—up 800% year-over-year and likely underreported—fueling chaos on the border, while left-wing lawmakers' antics only embolden the attacks. This segment exposes the real costs of leftist policies, from economic flight to lawlessness.

The Buckeye Weekly Podcast
Ohio State Football: LIVE From Las Vegas

The Buckeye Weekly Podcast

Play Episode Listen Later Jul 22, 2025 76:10


Join hosts Tony Gerdeman and Tom Orr as they kick off this episode of the Buckeye Weekly Podcast live from Las Vegas ahead of the 2025 Big Ten Media Days. They discuss their early observations, the packed schedule ahead, and field listener questions about Ohio State football. Topics include potential playoff formats, team rankings, key plotlines for the season, and much more!00:00 Welcome to Buckeye Weekly Podcast00:23 Big Ten Media Days in Las Vegas 01:07 Tony Petitti's Stance on Playoff Formats02:12 Debating Automatic Bids and Playoff Structures 07:40 Super Chats and Viewer Questions 08:07 Discussing Michigan's Uncle T and Ongoing Investigations 10:44 Ohio State's Playoff Prospects and Historical Context 12:47 Non-Conference Scheduling and Historical Matchups 24:29 Plans for the Week and Viewer Interactions31:24 Penn State's Season and Playoff Implications 39:11 Big 12 and SEC Auto Bids 40:05 Ohio State vs Texas Predictions 41:49 Las Vegas Weather and Camp Start 42:54 Ohio State's Upcoming Season 43:18 In-N-Out Burgers and Pickles 44:32 Snow Games and Playoff Matchups 46:53 Penn State's Defense and Jim Knowles 51:12 Travel Preferences and Flight Experiences 51:46 Ohio State vs Texas Game Analysis 56:43 Quarterback Competitions and Predictions 01:04:02 Miami and LSU Matchups 01:13:25 Illinois and Brett Bielema 01:15:42 Wrapping Up and Final Thoughts

Business Pants
Kiss cam surveillance, director “license”, baby antisemitic Grok, and “woke” is dead

Business Pants

Play Episode Listen Later Jul 22, 2025 54:46


Your thoughts on the kiss-cam episodeAndrew Ross Sorkin's note yesterday about Andy Byron, the C.E.O. of a tech start-up caught on camera with a colleague from H.R. at a Coldplay concert, struck a nerve with DealBook readers, who have flooded our inbox with responses: “The moment seems to encapsulate the pervasive schadenfreude within our culture, especially our office culture, and a deep-seated animosity toward bosses and colleagues,” Andrew wrote. “It highlights a zero-sum mentality in which a colleague's success is perceived as your loss, and their failure your gain.” He added that, “The incident also underscores our surveillance state.”Here's what readers had to say:“The surveillance state is a bit aggressive of a take on this. They were lovingly embracing at a concert during a love song while the kiss cam was on the prowl.” — Bob McMurtry“The public is not just reacting to someone else's misfortune, it is reacting to the utter hypocrisy revealed yet again by those in power who dictate rules that others should follow, yet arrogantly disregard following them themselves. Employees endure hours of H.R. training on the impropriety of workplace relationships, especially between manager and subordinate, yet the actual HEAD of H.R. engages in an affair with her married C.E.O. Do you not see the specific irony of this outing?” — Jim Woidat“I don't think we commoners' resentment of C.E.O.s is so much about jealousy as it is about pay inequality (their pay rate today vs. what it was a few decades ago) and stuff like golden parachutes.” — Tom EshbaughWhat nobody is talking about:Before the kisscam: 12 executives (11 men and Chief People Officer Kristin Cabot); 6 directors (all men)They've also disabled their LinkedIn links and yetAstronomer board launches investigation after viral Coldplay 'kiss cam' video appears to show CEO embracing HR chiefDealBook Hot Take: Board members should be licensedJonathan Foster, a consultant and former managing director at Lazard, has served on more than 50 corporate boards. Along the way, he says, he has encountered directors who have stayed too long, or ones whose “knowledge of financial statements and M&A is lacking.” He drew on that experience in “On Board: The Modern Playbook for Corporate Governance,” his new book.One of his big ideas for improving director performance: “a license,” he told DealBook, like the kind required “for investment bankers, doctors, lawyers, even massage therapists.”That, he said, “might increase confidence in corporate directors.”How it would work: Some of the requirements Foster envisions include 10 years of work experience, being at least 35 and passing an exam covering legal standards, basic accounting and finance principles, and ethics. “It doesn't have to be particularly onerous,” he said, comparing it to the Series 7 exam for financial advisers.To issue licenses, he says, the New York Stock Exchange could oversee an organization like Harvard Business School or the National Association of Corporate Directors. He says he sees the arrangement as akin to how the Public Company Accounting Oversight Board operates under the authority of the S.E.C. That independent nonprofit group, he noted, “has commissioners, and they go do their thing, but they're ultimately responsible to and can be pre-empted by the S.E.C.”Is it workable? DealBook asked Edward Rock, a professor of corporate governance at the New York University School of Law. He said he worried that standardized requirements for diverse companies could disqualify board members with otherwise strong attributes. For example, he wrote in an email to DealBook, “Why would anyone want to prevent Mark Zuckerberg (28 at the time of Facebook's I.P.O.) or Larry Page and Sergey Brin” — both in their thirties when Google listed — “from serving on the board of directors of Facebook and Google?”(Foster said exceptions could be created, including for founders.)Shareholders have an incentive to demand the most qualified board members, Rock continued, and they tend to do so.Coca-Cola will roll out cane sugar version of namesake soda in the U.S. this fallPrivate jet sales are poised for takeoff thanks to a revived tax breakA federal tax change now lets companies write off the full cost of buying a private jet in year oneStarbucks' formerly remote CEO has bought a home in Seattle and he's ordering all staff back to the office 4 days a week Jeff Bezos taps former Amazon Alexa head to lead $10 billion Earth fundElon Musk's other companies could soon pour billions into his AI startupSpaceX, the rocket company Musk founded and controls, is reportedly investing $2 billion into xAI, his AI startup best known for the chatbot GrokElon Musk promises Tesla shareholders a vote over buying equity in his Grok startup: ‘If it was up to me, Tesla would have invested in xAI long ago'Musk's xAI faces European scrutiny over Grok's 'horrific' antisemitic postsElon Musk's AI chatbot Grok is now working with the federal governmentElon Musk's Neuralink filed as 'disadvantaged business' before being valued at $9 billionOpenAI warns that its new ChatGPT Agent has the ability to aid dangerous bioweapon developmentA Staggering Proportion of Teens Say Talking to AI Is Better Than Real-Life FriendsElon Musk announces Baby Grok AI chatbot designed specifically for children's learning needsTelegram CEO Pavel Durov on French probe against Elon Musk's Twitter: “at this point, any tech company can be declared a ‘criminal gang' in France". Durov further stated that such investigations can be harmful for attracting investments”Musk's X refuses to hand over data in 'politically-motivated' French investigationWhy Gov. Greg Abbott Won't Release His Emails With Elon MuskWe asked Abbott for his and his staff's emails with Elon Musk and Musk's companies. The governor's office won't turn them over, saying some contain “intimate and embarrassing” information that is “not of legitimate concern to the public.”The anti-wokeMAGA's tantrum over "woke" Superman is nastier than their usual whiningThe MAGA talking heads are big mad that director James Gunn said that Superman is an immigrant. They were also furious that Gunn said Superman stands for “human kindness.”Fox News: wondering if the movie would fail on the assumption that American audiences also hate kindness and immigrants.Superman' Proves "Go Woke, Go Broke" Is a Joke – And That Major $125 Million Opening Weekend Confirms ItDEI-fueled investing is ‘ideological coercion' of shareholders, Missouri AG warns amid new probe"Missourians deserve answers as to why the unseen power brokers, controlling much of corporate America, are pushing a leftist worldview at the expense of millions of honest investors … These proxy advisors have held corporate America hostage with their radical ideologies. We are putting them on notice: Missouri will not tolerate ideological coercion disguised as investment guidance.""Woke Or Not Woke?": Ubisoft's CEO Was Asked A Bizarre Question About Assassin's Creed Shadows In A Shareholder MeetingIn-N-Out billionaire Lynsi Snyder says she is leaving California: 'Doing business is not easy here'Lynsi Snyder is In-N-Out Burger's billionaire owner and president. She inherited control in 2017 and it remains a private, family-owned business. The reclusive heiress has a $6.7 billion net worth.Lufthansa CEO's wife Vivian Spohr allegedly runs down woman in Sardinia, expresses ‘deep sorrow'The victim, Gaia Costa, a resident of nearby Tempio Pausania, died at the scene from severe head injuries, according to local media reports. She had reportedly been crossing at a pedestrian crosswalk when she was hit.The 51-year-old German businesswoman added that she was “at the complete disposal of the Italian judicial authorities for the necessary investigations and, while aware that such a great personal loss cannot be repaired, will take steps to mitigate its consequences.”Mark Cuban says some of NYC mayoral candidate Zohran Mamdani's key policies don't 'have a chance'Mark Cuban says Elon Musk's new political party is 'really smart' in a key wayAre they stealing our thunder POP QUIZ:Did the average S&P 500 CEOs earn in less than two days what their typical worker earned in all of 2023?Fake apologies popping up from CEO allegedly caught cheatingCEOs on boards is a governance blind spot — accepted as normal but long overdue for scrutiny

Mitch Unfiltered
Episode 343 - Does Mitch Text Coldplay Concert CEO?!

Mitch Unfiltered

Play Episode Listen Later Jul 21, 2025 117:17


RUNDOWN   Here's a wild behind-the-scenes story involving the viral CEO from the Coldplay concert — did Mitch actually reached out? Mitch and Hotshot slide into Ottawa trivia, highlighting hometown music legends like Alanis Morissette and songwriter Paul Anka. Mitch and Hotshot Scott recap the Mariners' gut-punch loss on Sunday after taking the first two games from Houston, focusing on a costly JP Crawford error that flipped momentum in an 11-3 collapse. Despite the disappointment, the M's remain in playoff position heading into a daunting series with the red-hot Brewers and their 103-mph phenom Jacob Misiorowski. With the trade deadline approaching, Mitch speculates on bullpen help and a potential return for Eugenio Suarez. Mitch is joined by Brady Farkas and Joe Doyle [Mariners No-Table] to unpack a frustrating Sunday collapse that spoiled a potential sweep of the Astros, despite strong starts from the rotation and promising moments from Julio Rodríguez. The crew breaks down playoff odds, bullpen trade needs, and the logic behind a potential Gino Suarez rental deal. They preview a tough week ahead against the red-hot Brewers and tricky Angels, with bold predictions for Dom Canzone and the M's pitching staff. MLB Pipeline's Jim Callis returns to Mitch Unfiltered to discuss how Kade Anderson unexpectedly fell to the Mariners at No. 3—despite Callis saying it was highly unlikely just two weeks earlier. He explains why it wasn't a knock on Anderson, but a cost-saving move by the Nationals and Angels. Callis breaks down Anderson's strengths, how he compares to Paul Skenes, and when fans might expect to see him in the big leagues. He also weighs in on the Mariners' other top draft picks and gives the front office high marks for its overall haul. In this week's KJ-Aren'ts, Mitch and Jason Puckett relive the viral backlash from Mitch's tweet doubting Cal Raleigh's Home Run Derby chances with his dad pitching. Mitch explains the misunderstood context, while Puckett gleefully replays clips and receipts. The segment spirals into a hilarious debate on bad takes, freezing cold tweets, and All-Star innings, with both hosts taking their lumps. Full episode available to Mitch Unfiltered patrons. The “Other Stuff” segment dives into Scotty Scheffler's historic British Open win and streak of dominance, before veering into a whirlwind of quirky, controversial, and surprising headlines—from Jay Cutler's endangered species scandal to In-N-Out Burger's move to Tennessee.   GUESTS   Joe Doyle | MLB Draft and Prospects Analyst Brady Farkas | Host, Refuse to Lose Podcast (Mariners on SI) Jim Callis | Senior Writer, MLB Pipeline / MLB.com Jason Puckett | Radio Host, KJ-Aren'ts & PuckSports.com   TABLE OF CONTENTS   0:00 | Mitch debates texting the infamous CEO from the Coldplay scandal as Episode 343 opens with viral chaos, Canadian trivia, and songwriting legends 27:46 | JP Crawford error flipped momentum in an 11-3 collapse. 38:45 | GUEST: Mariners No-Table; Mariners blow a shot at the sweep, but playoff outlook remains strong as trade deadline looms. 1:00:42 | GUEST: Jim Callis revisits Mariners' unexpected draft win, Kade Anderson's ceiling, and what comes next. 1:16:46 | GUEST: KJ-Aren'ts [Jason Puckett] Mitch defends his cold Cal Raleigh take, while Puckett fans the flames. 1:37:35 | Other Stuff Segment: Scotty Scheffler British Open win, Tiger Woods comparison, Brock Lesnar's daughter dating Drew Moss, Mariners draft Cade Anderson, Paul Skenes and Livvy Dunne, Teddy Bridgewater suspension, Jay Cutler African hunting controversy, DUI and bribery charge, ex-MLB player Dan Serafini murder conviction, Stevie Wonder blindness rumor, Darth Vader lightsaber auction, cancellation of Stephen Colbert's Late Show, In-N-Out Burger headquarters move to Tennessee, Connie Francis death, Coldplay CEO resignation, Walmart adult toy theft, milk spill in New York, Alex Cora Coldplay affair speculation, longest-serving KFC employee death.

Bernie and Sid
Sid's Spectacular Return: Big Apple Mayhem, Trump's Ticker, and George's Goodbye | 07-21-25

Bernie and Sid

Play Episode Listen Later Jul 21, 2025 157:11


On this Monday edition of Sid & Friends in the Morning, Sid returns to his host chair at WABC's Manhattan studios after a week away in Europe. He covers the latest crime investigation by the NYPD involving a Customs and Border Protection officer who was shot, before he transitions into a heated mayoral race discussion featuring Curtis Sliwa and his political journey. Sid also dives into national politics, discussing the looming prison sentence of former Congressman and now convicted felon George Santos, the health of President Trump and the rising use of weight loss drugs like Ozempic, In-N-Out Burger moving from California to Tennessee, among the usual personal anecdotes and in-depth political analysis throughout. Curtis Sliwa, John Chell, Kaz Daughtry, Charles Gasparino, John Catsimatidis, George Santos & Dr. Marc Siegel join Sid on this Monday installment of Sid & Friends in the Morning. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bernie and Sid
Dr. Marc Siegel | Clinical Professor of Medicine | 07-21-25

Bernie and Sid

Play Episode Listen Later Jul 21, 2025 13:42


Dr. Marc Siegel, clinical professor of medicine & a Fox News contributor, calls into the show to discuss President Trump's health, dispelling rumors about his leg condition, and contrasting it with the lack of transparency in the Biden administration. Additionally, Dr. Siegel touches on the success and controversies surrounding In-N-Out Burger, specifically its lack of veggie options. The conversation also explores the rising trend of non-obese individuals using GLP-1 medications for minor weight loss and the potential risks associated with such practices, emphasizing the importance of lifestyle changes and exercising. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Marc Cox Morning Show
Kim on a Whim: In-N-Out Flees Blue California for Freedom in Tennessee

The Marc Cox Morning Show

Play Episode Listen Later Jul 21, 2025 9:36


In this Kim on a Whim, Kim St. Onge celebrates In-N-Out Burger's decision to move its corporate headquarters from far-left California to Tennessee—a state with no income tax and a pro-business environment. Kim highlights how this move reflects a broader trend: companies are fleeing overregulated, high-tax blue states in favor of red states that value freedom, fiscal sanity, and law and order. It's not just a burger chain making a business move—it's a cultural and political statement that liberal policies are bad for business.

Relatable with Allie Beth Stuckey
Ep 1219 | After 77 Years, In-N-Out Offices Are Moving to Tennessee. Here's Why | Lynsi Snyder

Relatable with Allie Beth Stuckey

Play Episode Listen Later Jul 18, 2025 69:31


Today, we sit down with Lynsi Snyder, president of In-N-Out Burger, to discuss her remarkable journey and the legacy of the iconic family business. We talk about her childhood surrounded by the fun-loving spirit of her father and uncle and how their values shaped In-N-Out's unique culture. Lynsi opens up about her personal struggles, from navigating profound loss to finding faith and resilience, and how those experiences transformed her leadership. Plus, she shares insights on keeping employees connected to the company's vision, the significance of In-N-Out's Bible verse tradition, and the company's new Tennessee expansion plans. Take our survey here: ⁠https://www.surveymonkey.com/r/XDDW62H⁠ Share the Arrows 2025 is on October 11 in Dallas, Texas! Go to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠sharethearrows.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ for tickets now! Sponsored by: ⁠Carly Jean Los Angeles⁠: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.carlyjeanlosangeles.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Good Ranchers⁠: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.goodranchers.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠EveryLife⁠: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.everylife.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Buy Allie's new book, "Toxic Empathy: How Progressives Exploit Christian Compassion": ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://a.co/d/4COtBxy⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ --- Timecodes: (01:45) Growing up (09:40) Leading the company & Bible verses on cups (16:00) Esther Snyder & the family's faith (20:45) Losing her uncle and father (26:35) 'Black sheep era" (31:50) Having twins (36:40) Surrendering to God (47:44) In-N-Out rejects California regulations (59:45) Lynsi's husband (1:03:30) Employee happiness --- Today's Sponsors: A'del — Try A'del's hand-crafted, artisan, small-batch cosmetics and use promo code ALLIE 25% off your first time purchase at AdelNaturalCosmetics.com Seven Weeks Coffee — Experience the best coffee while supporting the pro-life movement with Seven Weeks Coffee; use code ALLIE at ⁠⁠⁠⁠⁠⁠⁠⁠https://www.sevenweekscoffee.com⁠⁠⁠⁠⁠⁠⁠⁠ to save up to 25% off your first order, plus your free gift! EveryLife — The only premium baby brand that is unapologetically pro-life. Visit ⁠⁠everylife.com⁠⁠ and use promo code ALLIE10 to get 10% off your first order. Freedom Project Academy — Take back your child's education at Freedom Project Academy. Right now, save 15% on all courses when you enroll at freedomforschool.com and use code ALLIE15. ChefIQ — Summer grilling season is here and  CHEF iQ Sense makes you a grill master! Visit CHEF IQ.com and use promo code RELATABLE. --- Buy Allie's book, You're Not Enough (& That's Okay): Escaping the Toxic Culture of Self-Love: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://alliebethstuckey.com/book⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Relatable merchandise – use promo code 'ALLIE10' for a discount: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://shop.blazemedia.com/collections/allie-stuckey Learn more about your ad choices. Visit megaphone.fm/adchoices

OverDog: Dog Daycare & Boarding Business Tips
210: What Iconic Brands Can Teach You About Running a Pet Resort

OverDog: Dog Daycare & Boarding Business Tips

Play Episode Listen Later Jul 1, 2025 34:30


Ever wonder how mega-brands like Apple, Nike, and Disney build such loyal followings—and how you could channel that same magic into your dog daycare or boarding business? In this episode, Fern dives into what makes these iconic names tick, uncovering the branding strategies behind their cult-like fanbases. From Taylor Swift's superfan engagement to In-N-Out Burger's laser-focused simplicity, you'll hear fresh ideas that could reshape the way you connect with your customers.Get ready for a fun, idea-packed ride as Fern breaks down six powerhouse brands and explains how their tactics translate to the pet care world. Whether it's about creating a standout customer experience, building a community around your business, or simplifying your services to highlight what you do best—there's something here for every pet business owner looking to level up. You'll leave this one with at least one big idea to put into action this month.

DeHuff Uncensored
Ep. 785 | In-N-Out Burger sues YouTuber | Poop Cruise

DeHuff Uncensored

Play Episode Listen Later Jun 26, 2025 42:02


Guilty pleasure - Mine is watching my Bug Zapper. What's yours? Americans spend about 49 hours a year on the toilet playing with their phones. Winnie the Pooh in real life! Bears escape an enclosure in the UK - Steal some honey, then pass out. We play: Where are they now, with the cast of Winnie the Pooh. And it is dark!! Trainwreck: Poop Cruise is now available on Netflix. Some idiot wrote an article: “Man issues warning after five-day cocaine binge left him with 'devil eyes' and it almost killed him.” In-N-Out Burger sues YouTuber who it says posed as an employee.

Drew and Mike Show
Call Her Victim – June 17, 2025

Drew and Mike Show

Play Episode Listen Later Jun 17, 2025 149:53


Call Her Daddy Alex Cooper's abuse claims questioned, WATP Karl with Stuttering John & Woke Dad cringe, Trump warns Iran, R. Kelly's prison overdose, The Beach Boys abused Jan & Dean, and lesbians assaulted by a fart. Meghan Markle appeared on another podcast and remains annoying and elitist. A lesbian vs a fart… who ya got? A hangry 69-year-old was gunned down at In-N-Out Burger. Donald Trump issues a warning to Iran. He totally bailed on the G7 summit. New York Mayoral candidate Brad Lander vs I.C.E. This is great news for his candidacy. My Pillow Mike Lindell loses in court and owes $2.3M. The NAACP hates Donald Trump. The Sunset Strip is a dud now. R. Kelly overdosed on his own meds in prison. He claims people are trying to kill him. The jury in the Diddy trial had a movie day. Their choice of film: Freak Off Videos. Karen Read trial will thankfully conclude soon. Conor McGregor is beating on people in night clubs. Antonio Brown is in hiding, but Tweeting his ass off. OKC takes the lead in the NBA Finals over the Indiana Pacers. Shaq settles his FTX case, Tom Brady and others are fighting it. Karl Hamburger of WATP drops by to promote the upcoming live show at The Magic Bag, Stuttering John back in the spotlight, rip apart Alex Cooper's latest endeavor with Hulu, slam Paris Hilton in the process, push more Woke Dad at us and more. US Homeland Security Secretary Kristi Noem rushed to the hospital. Arnold Schwarzenegger didn't give Joy Behar the answer she wanted. Matthew Perry's doctor is screwed. Barbara Streisand can't remember nailing Warren Beatty. Just so you know, the little girl from Modern Family is bisexual. 3 nepo-babies releasing a song soon. Dhani Harrison gets snubbed. The Rolling Stones are looking to make another album. Jack White dropped a new video. Valerie Bertinelli won't go away. Jimmy Swaggart is going to die soon. The Beach Boys once hosted Jan & Dean to monstrous results. If you'd like to help support the show… consider subscribing to our YouTube Channel, Facebook, Instagram and Twitter (Drew Lane, Marc Fellhauer, Trudi Daniels, Jim Bentley and BranDon).

Dom, Meg & Randell Catchup Podcast - The Edge
FULL SHOW a little bit cuck-ish?

Dom, Meg & Randell Catchup Podcast - The Edge

Play Episode Listen Later Jun 3, 2025 90:11


This podcast description was blatantly written by AI... Welcome to another fun-filled episode of The Clint Meg & Dan Podcast! This time, we delve into a variety of topics, including awkward relationship moments, unexpected life coincidences, and some very relatable airings of life grievances. Highlights include an embarrassing moment during a speech, a hilarious canine adoption story with comedian Chris Parker, and the gang's plan for a night out to celebrate Meg before her baby arrives. Plus, Dan's chaotic journey to get an In-N-Out Burger from a pop-up store, Meg's latest scandal updates, and much more! Tune in for all the laughs and relatable moments. 00:00 Welcome to the Clint Meghan Dan Podcast03:11 Jay-Z's Billionaire Status and Tidal Discussion10:12 Listener Interaction and Nursing Student Interview14:07 Graduation Speech Gone Wrong18:18 TV Show Recommendations and Warnings28:01 Hannah Anna's Letter Challenge29:50 Coincidence Stories38:15 Kylie Jenner's Happiness and Boob Job43:01 Meg out till midnight!43:09 9-Year-Old's Boyfriend57:28 E-Z Money59:30 Chris Parker01:06:41 Regrets and Big Decisions01:11:37 Labor Stories and Funny Anecdotes01:17:38 In-N-Out Burger Hype

THE MANITOBA MONEYSHOT PODCAST
Tuesday Titter - TEXAS TOAST.

THE MANITOBA MONEYSHOT PODCAST

Play Episode Listen Later Jun 3, 2025 23:55


My deepest condolences to the families and friends of actors Loretta Swit and Jonathan Joss for their loss. I talk 'bout Prince, Texas and In-N-Out Burger.

Boss Bitch Radio w/IFBB Pro, Diane Flores
Start Here: The Next Era Of Boss Bitch Radio

Boss Bitch Radio w/IFBB Pro, Diane Flores

Play Episode Listen Later May 28, 2025 3:20


Welcome to the Glow-Up Era of Boss Bitch Radio — where health meets hotness, mindset meets muscle, and becoming iconic is more than just a vibe — it's a full-body, full-soul reclamation! Hosted by IFBB Pro, fitness veteran of nearly 20 years, and unapologetic truth-teller Diane Flores, this show dives deep into the journey of what it really takes to step into your power. From losing 100 pounds and stepping on stage 16 times to building multiple fitness businesses and navigating motherhood, relationships, and reinvention — Diane has lived it, coached it, and now she's here to talk about it. You'll hear solo episodes, guest convos, and unfiltered stories that might make you laugh, cry, and definitely feel seen — with the occasional espresso martini, In-N-Out Burger detour, and a perfectly chewy chocolate chip cookie along the way. No sugar-coating. No pretending. Just real talk to help you stop settling and start becoming your most iconic self. So if you're ready to glow the hell up and take action in your one wild life, hit subscribe, grab your headphones, and let's go — baddies welcome.

Verge of the Dude
Hollywood Way to The Valley

Verge of the Dude

Play Episode Listen Later May 27, 2025 16:29


Hey Dude, an innocent Sunday drive to the Hollywood Bowl box office with my dad, turns into a mudslide of deep hometown memories. QUOTE: "If you don't drive through your hometown, are you really in your hometown?" LULLABY: "Hooray for Hollywood" (Whitling/Mercer) MUSICIANS/CAST:  John Fogerty, Joan Anderson, George Clooney, Billy Strings, Bob Dylan LOCATIONS: The Hollywood Bowl, Hollywood, Hollywood Way, Warner Bros., Walt Disney Studio, Universal Studios, Cahuenga Pass, Highland Ave., Sunset Blvd, Los Angeles, California, Hollywood United Methodist Church, Hollywood Blvd., Hollywood High, Burbank High, North Hollywood High, In-N-Out Burger, Director's Guild, Laugh Factory, Laurel Canyon, Mt. Olympus, Laurel Canyon County Store, Mulholland Drive, San Fernando Valley ("The Valley"), Fryman Canyon Park, Capenter Avenue School, Ventura Blvd., Thrifty's, Studio City Theater, Carney's, Pinz Bowling Alley, Sportsman's Lodge, Weddington Golf & Tennis, Harvard-Westlake, Ringside Liquor, Henry's Tacos, Woodbridge Park, Jennifer's Coffee, Tujunga Village, Ernie's Taco House  PROPS: Saturday Stairs, "The Californians", Little League, "Rocky"  MUSIC: "All Along the Watchtower" SOUNDS: birds, gravel, footsteps, "The 5 Freeway",  Laguna Sawdust Cowbell Chimes   PHOTO: "Fogerty at the Bowl" shot with my iPhone XS RECORDED: May 26, 2025 in "The Cafe"  under the flight path of the Bob Hope Airport in Burbank, California GEAR: Zoom H1 XLR with Sennheiser MD 46 microphone. TOTAL RUNNING TIME: 16:29   FILE SIZE: 9MB GENRES: storytelling, personal storytelling, personal journal, journal, personal narrative, audio, audio blog HYPE: "It's a beatnik kinda literary thing in a podcast cloak of darkness." Timothy Kimo Brien (cohost on Podwrecked and host of Create Art Podcast) DISCLAIMER/WARNING: Proudly presented rough, raw and ragged. Seasoned with salty language and ideas. Not for most people's taste. Please be advised.

Breaking Free: A Modern Divorce Podcast
The Boundary Blueprint: How Lynsi Snyder Says No with Love (Even to Narcissists) with Rebecca Zung on Negotiate Your Best Life #693

Breaking Free: A Modern Divorce Podcast

Play Episode Listen Later May 26, 2025 26:19


iCantCU Podcast
Testing Ray Ban Meta Glasses in Vegas

iCantCU Podcast

Play Episode Listen Later May 22, 2025 43:42


In this episode, I recap my trip to Las Vegas for the NFB of Nevada State Convention—part learning, part getaway with Liz. As chair of the upcoming Pennsylvania convention, I wanted to see how other states run theirs. Nevada's was short but packed, and I took notes, especially on their use of breakout tracks and Family Feud. Liz and I also hit In-N-Out Burger twice and even saw Michael Symon at his BBQ spot. Navigating the hotel-casino was tricky, and I share some challenges, especially solo ones. The Meta smart glasses I wore were a game-changer for identifying signs and surroundings. We capped off the trip with a frustrating movie experience—the audio description device failed again. Still, it was great getting away and gathering ideas for our Harrisburg event this fall. If only In-N-Out would come east! Show notes at https://www.iCantCU.com/285 Links Mentioned (product links are affiliate links so that I may earn a commission.) Ray-Ban Meta Glasses, Wayfarer: https://amzn.to/42EU0Sy White Canes Connect one of the 100 Best Visually Impaired Podcasts: https://traffic.libsyn.com/whitecanesconnect/white_canes_connect_132_post.mp3 Federation Focus on the NFB of PA YouTube channel: https://www.youtube.com/@nfbofpa I edit the show with Descript and love it!: https://www.iCantCU.com/descript/ Be My Eyes app (free): https://www.bemyeyes.com/  Seeing AI app (free): https://www.seeingai.com/  Index of That Real Blind Tech Show episodes: https://www.icantcu.com/trbts/  Watch iCantCU episodes on YouTube: https://www.youtube.com/@iCantCU Support iCantCU When shopping at Amazon, I would appreciate it if you clicked on this link to make your purchases: https://www.iCantCU.com/amazon. I participate in the Amazon Associate Program and earn commissions on qualifying purchases. The best part is, you don't pay extra for doing this! White Canes Connect Podcast Episode 135 In episode 135 of White Canes Connect, Lisa Bryant and I welcome Martha Steele and Natanya Sortland to spotlight the inaugural Blind Birders Birdathon. This nationwide event invites blind and visually impaired individuals to identify birds by sound during a flexible two-hour window within a 24-hour period. No birding experience required—just a love of listening. Martha, a lifelong birder from Massachusetts, was inspired by an article about a blind bird guide and helped launch the event to build community and highlight that birding is, above all, an auditory experience. Natanya, an ambassador for VisionCorps and a self-described "bird-loving beginner," is leading a group walk in Malvern, PA at Brightside Farm, with expert Rick Kaiser guiding participants through the art of bird song recognition. Find the podcast on Apple Podcasts https://podcasts.apple.com/us/podcast/white-canes-connect/id1592248709  Spotify https://open.spotify.com/show/1YDQSJqpoteGb1UMPwRSuI YouTube Https://www.youtube.com/@pablindpodcast My Podcast Gear Here is all my gear and links to it on Amazon. I participate in the Amazon Associates Program and earn a commission on qualifying purchases. Zoom Podtrak P4: https://amzn.to/33Ymjkt Zoom ZDM Mic & Headphone Pack: https://amzn.to/33vLn2s Zoom H1n Recorder: https://amzn.to/3zBxJ9O  Gator Frameworks Desk Mounted Boom Arm: https://amzn.to/3AjJuBK Shure SM58 S Mic: https://amzn.to/3JOzofg  Sony ZV-E10 camera : https://amzn.to/4fFBSxM  Sennheiser Headset (1st 162 episodes): https://amzn.to/3fM0Hu0  Follow iCantCU on your favorite podcast directory! Apple Podcasts: https://podcasts.apple.com/us/podcast/icantcu-podcast/id1445801370/  Spotify: https://open.spotify.com/show/3nck2D5HgD9ckSaUQaWwW2  Audible: https://www.audible.com/pd/iCantCU-Podcast-Podcast/B08JJM26BT  IHeart: https://www.iheart.com/podcast/256-icantcu-podcast-31157111/ YouTube: https://www.youtube.com/davidbenj  Reach out on social media Twitter: https://www.twitter.com/davidbenj Instagram: https://www.instagram.com/davidbenj Facebook: https://www.facebook.com/davidbenj LinkedIn: https://www.linkedin.com/in/davidbenj Are You or Do You Know A Blind Boss? If you or someone you know is crushing it in their field and is also blind, I want to hear from you! Call me at (646) 926-6350 and leave a message. Please include your name and town, and tell me who the Blind Boss is and why I need to have them on an upcoming episode. You can also email the show at iCantCUPodcast@gmail.com.

Agency Nation Radio - Insurance Marketing, Sales and Technology
Switching from Hospitality to Insurance with Jorge Wetenkamp

Agency Nation Radio - Insurance Marketing, Sales and Technology

Play Episode Listen Later May 14, 2025 13:56


On this episode of Agency Nation Radio, we meet Jorge Wetenkamp, agency owner of Desert Crest Insurance in Saint George, Utah. Wetenkamp's career in insurance was unexpected. After working at In-N-Out Burger and at the DMV, he took a job with AAA Insurance when they started offering DMV services. This opened his eyes to the opportunities for career growth and serving the Hispanic community. In 2021, he started an independent agency and the business has grown “far beyond what I set my goals as three or four years ago,” Wetenkamp says. After hiring his first employee in January 2024, he's currently onboarding two new agents that will allow him to grow, as well as focus on servicing his existing book. “Now, it's about buying back my time, so all new leads will go to my new agents,” he says. “At the beginning, you grind nonstop—you work late, do whatever it takes. But once your business is established, you start thinking about balance.” Agency Nation Radio is where insurance professionals turn on the mic and share unscripted stories about leadership, technology, marketing, success and failure—stories that helped make them the professionals they are today. From Main Street USA to the pages of Independent Agent magazine—we've got the stories you want to hear. For more, catch Agency Nation Radio on your favorite streaming platform or visit iamagazine.com/podcasts. This podcast is sponsored by the Insurance Marketing & Communications Association (IMCA). IMCA Ignite 2025 is taking place in Scottsdale, Arizona, June 23-25. Don't miss the only conference where the insurance marketing and communications community comes together to share content-rich, forward-thinking and relevant topics while also networking for lasting connections. Register here: https://rise.imcanet.com/Portal/Portal/Events/Annual_Conference/2025_Annual_Conference/IMCA_Ignite_2025.aspx

Pilates Elephants
308. What To Do When You Don't Know What To Do, with Natalie Wilson & Raphael Bender

Pilates Elephants

Play Episode Listen Later May 11, 2025 45:24 Transcription Available


Not sure what to do when a client shares a diagnosis with you at the start of class? Here's the simple framework to stay calm, take action, and lead like a pro.Summary:Raphael and Natalie break down simple, actionable strategies for Pilates instructors when faced with unknown client conditions moments before class. Learn how to stay calm, ask the right questions, simplify your programming, and empower clients without overcomplicating.Key Takeaways:Let go of being the “expert fixer”Ask: “When did it start?” and “How did it happen?”Teach simple, layered exercises (think In-N-Out Burger style)Focus on strength, range, and control — not diagnosesTreat clients like everyone else and let them self-regulateDo homework afterward using trusted sources, not random GooglingConnect with me on Instagram: @the_raphaelbenderConnect with Natalie on Instagram: @nataliewilsonpilatesDownload a free course guide:Pilates CertificationTeaching Mastery ProgramThis podcast uses the following third-party services for analysis: AdBarker - https://adbarker.com/privacy

Hochman and Crowder
Hour 1: Crowder loses his tooth again but it leads to a successful day

Hochman and Crowder

Play Episode Listen Later May 7, 2025 38:42


In hour one, more drama surrounding Sam Bennett now that Stolarz has been ruled out for tonight's Game 2. Crowder had another tooth emergency yesterday which led to one of his best days of gambling ever. Plus, Zach Gelb joins the show to detail his successful Vegas trip including a new outlook on In-N-Out Burger.

All You Can Eat
Pentagon Chicken Sandwich EP 140

All You Can Eat

Play Episode Listen Later May 6, 2025 31:31


On Tap: Grocery shopping list, Sally's Washington DC trip and In-N-Out Burgers unique alliance with 7UP.Follow us on Twitter at @allucaneatpodThe closing tune is performed by Allison Bishop - find her at https://www.allisonbishopmusic.com/ Hosted on Acast. See acast.com/privacy for more information.

伊藤洋一のRound Up World Now!
Round Up World Now!(2025.4.25放送分)

伊藤洋一のRound Up World Now!

Play Episode Listen Later Apr 25, 2025


<ヘッドライン>米トランプ政権、ウクライナ・ロシア停戦交渉巡りウクライナに対しロシアが併合したクリミア半島の奪還断念など要求 ゼレンスキー・ウクライナ大統領は拒否 トランプ大統領「数年前に失われ、議論の対象ですらない。ロシアとの和平交渉に極めて有害だ」/トランプ米大統領、パウエルFRB議長を「解任するつもりはない」 退任要求した自身の発言で株価が急落、わずか5日で発言撤回/ベッセント米財務長官、中国と関税の報復合戦を続けることは「双方にとって 持続可能ではない」 トランプ大統領「145%はとても高い」、中国の出方次第で「かなり下がる」「ゼロにはならない」/中国、1月中旬から米国産の大豆・トウモロコシの買い付け予約を停止 高関税課す米トランプ政権に対抗、支持基盤の米農家などへの打撃狙う/米中貿易戦争でレアアースが米側の弱点として浮上 中国政府が導入した輸出管理の品目、米軍の最新戦闘機・原子力潜水艦の製造に不可欠 禁輸が数カ月続くと武器の製造に影響/加藤財務相「米国から例えば為替水準の目標や、それに対する枠組みの話は全くなかった」 日米関税交渉の主導役・ベッセント財務長官と会談、詳細についてはコメントせず/対米関税交渉の材料として政府内で米国産米の輸入拡大案が浮上 米国側の要望の優先順位見極め、国内調整急ぐ/石破首相「物価高対策として来月22日からガソリン・軽油の価格を1リットルあたり10円引き下げる」 電気・ガス料金の補助も7月から再開/日経・テレ東世論調査「総理大臣に優先的に処理してほしい政策課題は物価対策が51%と最多で半数超える」/モディ印首相、ニューデリー訪れたバンス米副大統領と会談 両国が年内締結めざす貿易協定の交渉加速確認 高関税との批判受け税制見直しなどで妥協点探る/東証、株式投資に必要な最低投資金額を10万円程度に引き下げるよう全上場企業に要請へ 投資単位の大幅引き下げで若年層も少額から日本株を購入できる環境整える 国民資産の「貯蓄から投資へ」のシフト後押し <ポイント> (1) マーケットの壁に突き当たったトランプ(2) ウクライナに苛立つトランプと安全保障上の懸念(3) 日本の政治だって壁に突き当たっていることへの懸念 <ここ/これを見てきた>カルフォルニアの人気バーガー店「IN-N-OUT BURGER」

Hochman and Crowder
The Coach Jim Larrañaga Show: Game 2 loss for the Heat + NBA Playoff notes

Hochman and Crowder

Play Episode Listen Later Apr 24, 2025 15:54


Former Miami Hurricanes men's basketball coach, Jim Larrañaga, joins the show to recap the Heat's game 2 loss to the Cavaliers, bounce around NBA playoff storylines and reveals another jaw dropping food take: he's never tried In-N-Out Burger.

The Pipes Magazine Radio Show Podcast
656: Pipe Artisan Nate King. Tobacco Review of Low Country Atalaya.

The Pipes Magazine Radio Show Podcast

Play Episode Listen Later Apr 9, 2025 70:53


Our featured interview on tonight's show is with Nate King, the "King of Pipes" and of In-N-Out Burger. Most people know of Nate as an excellent pipe artisan. He also has an honorary Master of Pipes degree from the Chicagoland Pipe Collectors Club, and is a member of the prestigious Confrérie des Maitres Pipiers de Saint-Claude. Prior to becoming a pipe maker in 2005, Nate worked in the Indy race business as a transmission specialist. At the top of the show Brian will have a tobacco review of Low Country Atalaya. It is a Virginia/Perique blend made in the Cornell & Diehl factory.

The Rich Dickman Show
Episode 294 - Stupid Face

The Rich Dickman Show

Play Episode Listen Later Mar 26, 2025 110:11


Opening Banter Recap: The initial banter in episode 294 of the Rich Show involved some technical difficulties with an echo and microphone adjustments, before moving into more casual topics. The hosts discussed Randy's weight loss journey, noting he was down to 401 pounds from a higher weight, and his struggles with eating habits, including a Domino's pizza, and quitting weed. Ray then launched into a rant about a frustrating Chick-fil-A drive-thru experience, describing its convoluted chain system and lack of clear directions, contrasting it with his knowledge of In-N-Out Burger's efficient drive-thru. The conversation also touched on the solar phenomenon of Lahaina Noon, where shadows disappear, a found fully loaded 9mm magazine after a party, opinions on the Signal app and government technology in light of a recent "debacle", an anecdote about a persistent phone call with a collections agent, and a humorous story about a five-year-old son getting banned from Roblox for calling someone a "stupid face". Thinking with your Dickman: Robot vacuum attacking fancy coffee table: Jada from Jacksonville wrote in about her robot vacuum repeatedly hitting her designer coffee table. The hosts offered sarcastic solutions, such as suspending the table from the ceiling. Yoga pants with bad branding: Jackson of Juno complained about a prominent logo on his designer yoga leggings turning his practice into a marketing spectacle. The hosts were critical of the verbose email and the prevalence of large logos on clothing. Someone has Slimy Poop: Jeremy sent a brief email stating, "Dear TRDS, my poop is slimy. Please help with love, Jeremy". The hosts reacted with immediate dismissal and moved on. Cody Reads Copy about Golf Clubs: Cody read an advertisement for Callaway's XR package set, humorously describing it as the "golfing equivalent of training wheels" and noting its oversized driver head and Odyssey putter. This led to a discussion about golf, including the meaning of a triple bogey, Ray's golf simulator and his impressive virtual score of 62, and Ray's anecdote about an attractive beverage cart attendant. Dick of the Week: Mega Church Pastor doing bad stuff to kids: Cody reported on a former Texas mega-church pastor indicted in Oklahoma on child sexual abuse charges. The hosts discussed the serious nature of the allegations with dark humor and cynicism. Pringles can attack: The hosts covered a news story about a Florida woman, Shenica Sardal, accused of slicing a man's face with a Pringles can at a 7-Eleven. They made light of the unusual weapon and the circumstances. Lauren Boebert calls Al Greene's Pimp cane: The segment included a discussion about Representative Lauren Bobbert's controversial remark referring to Democratic Representative Al Green's cane as a "pimp cane". The hosts debated the connotations of the term and the political figures involved. Ultimately, the interns were named as the "Dick of the Week" for presenting poorly condensed listener emails. Dickman Dilemma: 1 million dollars for a lobotomy: The hosts considered the scenario of receiving $1 million for a live-streamed lobotomy while retaining their personality but losing random memories. Randy and Ray expressed reluctance due to the value of their memories, especially as they've gotten older. The history and gruesome details of lobotomies were also briefly discussed. Steal 10 million from a Clown Mafia and get chased by them: The hosts debated whether to take $10 million knowing they would be perpetually pursued by 20 clowns in a tiny car. They discussed potential strategies for defense and escape, with violent solutions being humorously considered. Free buffet for life but your nose grows with each bite: The hosts considered the offer of unlimited free buffets with the consequence of their nose growing half a millimeter per bite. Cody cleverly suggested consuming food without biting, such as smoothies or swallowing whole. What Would Jesus Draw - Doing a government cover up: The theme for this week's "What Would Jesus Draw" was "Jesus doing a government cover up". The hosts presented their prompts for AI image generation: Cody: Jesus Christ of Nazareth as a government official in a black suit laughing at Waco officers getting hurt. Rem: Jesus Christ of Nazareth wearing a formal suit made of his traditional vestments, standing inside Area 51, pointing and laughing at a crashed unidentified flying object. Randy: Jesus Christ of Nazareth using a neuralizer on a group of Asian immigrants on a double-decker tour bus in England during snow. Ray: JCON as a Secret Service agent tucking Joe Biden into bed while a presidential speech plays on TV. After describing the generated images, Ray's prompt was chosen as the winner. The hosts briefly discussed future themes and related ideas, such as a Jesus self-help book titled "The Passion of the Me" or "Crucifixed". End Banter: The hosts thanked the audience for listening and shared their social media handles. They mentioned that they were recording a second episode immediately after this one to make up for missing the previous week.

Start That Business | How to start a business, Service Based Business Online, Freelancing, Make Money Online
107 | 6 Essential Ingredients To Build A Business That Supports Your Faith and Lifestyle

Start That Business | How to start a business, Service Based Business Online, Freelancing, Make Money Online

Play Episode Listen Later Mar 19, 2025 23:04


Can you build a business that honors your faith, supports your family, and gives you the freedom you crave? Yes—you just need the right foundation. As a Jesus-led working mom, you're already juggling a lot—your job, your family, and that business idea you've been freelancing on the side. You want to take it seriously, but you're afraid it will take over your life. I get it. In this episode, I'm breaking down 6 essential ingredients to build a sustainable, God-aligned business that gives you impact, freedom, and financial stability—without sacrificing your faith or family. Drawing inspiration from In-N-Out Burger and Chick-fil-A, we'll explore how clarity, sustainability, simplicity, profitability, boundaries, and faith-driven principles create a business that truly works for you. In This Episode, You'll Learn: How to build a business that fits your life (instead of taking over it) The power of clarity in defining your audience and offer Why boundaries are key to protecting your faith, family, and sanity A simple pricing shift to increase profitability without burnout How companies like Chick-fil-A & In-N-Out Burger model faith-driven business principles Actionable steps to create a business that supports your lifestyle Pop in your earbuds, and let's build a business that honors God and gives you the life you desire. I pray this empowers you! .

Reel Film Nerds
Episode #414: Mickey 17

Reel Film Nerds

Play Episode Listen Later Mar 12, 2025 40:29


Hey there friends! This week the three amigos finally head back to the theater to catch a brand new film, Mickey 17 starring Robert Pattinson, Steven Yeun, Naomi Ackie, Mark Ruffalo, and Toni Collette. Bonus topics include ranch dressing, Mexican restaurants, and In-N-Out Burger.    For our next podcast we continue hitting the theaters to check out brand new films with the action comedy Novocaine starring Jack Quaid, Amber Midthunder, Ray Nicholson, and Jacob Batalon. Thank you for your continued support of our passion project. We will be back next week with another episode of the Reel Film Nerds Podcast! You can find us on all things social such as YouTube, Facebook, Instagram, and Twitter or X. We also have an awesome community you can join, click here to check out our Facebook Fan Group so you can yell at Mike and Matt from the comfort of your keyboard while talking about films. Lastly we have an amazing website where you can watch trailers, read the host's bios, listen to the podcast, and get a ton more info on the movies we review.  Check out the link here https://www.ReelFilmNerds.com Thanks for stopping by and listening to our podcast, we appreciate each and everyone of you. Finally go out and catch as many movies as you can!

David Novak Leadership Podcast
#228: Lynsi Snyder, Owner and President of In-N-Out Burger – Loyalty is a two-way street

David Novak Leadership Podcast

Play Episode Listen Later Feb 27, 2025 51:16


Every business wants loyal customers. But what does it mean to be loyal to your customers? Find out in this episode with Lynsi Snyder, the Owner and President of In-N-Out Burger. Go behind the scenes of this iconic brand and learn how you can boost loyalty in your business. Plus, In-N-Out is a family-owned company. And if you've ever worked with your family, you know things can get messy. Lynsi's got a lot of hard-won wisdom to help you navigate those situations with confidence and grace. You'll also learn: One big reason your messages aren't getting through to your team What makes a “good” idea not so good Wisdom for anyone who works with their family Why In-N-Out doesn't offer mobile ordering—and the leadership lesson behind it Take your learning further. Get proven leadership advice from these (free!) resources: The How Leaders Lead App: A vast library of 90-second leadership lessons to stay sharp on the go  Daily Insight Emails: One small (but powerful!) leadership principle to focus on each day Whichever you choose, you can be sure you'll get the trusted leadership advice you need to advance your career, develop your team, and grow your business.

The Patrick Madrid Show
The Patrick Madrid Show: February 27, 2025 - Hour 1

The Patrick Madrid Show

Play Episode Listen Later Feb 27, 2025 51:05


Patrick discusses compelling insights, such as the big move by In N Out Burger from California to Tennessee and what that means for burger enthusiasts across the nation. He addresses the sorrowful news of Gene Hackman's passing, offering reflections on life, legacy, and true treasures. Further, Patrick explores questions about faith, marriage, and religious devotions, providing clarity and encouragement to those seeking spiritual guidance. In-N-Out Closing California Office, Opening New Tennessee HQ (1:00) Oscar-winning actor Gene Hackman, wife found dead in Santa Fe home (7:08) Maria Christina – What is Opus Dei? (12:40) Jerry - In Persona Christi. how does the priest become a stand-in for Christ? (23:07) Kevin (email) - Is there a difference in praying, “Father help President Trump make America a Great Again’” and “Father, help President Trump use his power and influence to pass Christ-like policies to solve our complicated issues to restore America to its greatness?” (23:07) MJ (email) – Tithing - Is if it is acceptable to give 5% (net or gross income) to our Parish and 5% to other ‘needs’ like family, St. Vincent DePaul and Pro-life organizations or is the 10% meant to go completely to our Parish? (26:31) Florence (email) – What good news did Jesus proclaim? (29:49) Lauren (email) - How is it fair that a devout Catholic spouse who did not want a divorce, but was not granted an annulment, cannot get remarried in the Catholic Church? (38:13) Osrick - Where is the evidence for Mary's perpetual virginity? (46:10)

KNBR Podcast
2-26 Papa & Silver Show - Hour 4: White Castle vs In-N-Out Burger, and Can You Spell Podziemski?

KNBR Podcast

Play Episode Listen Later Feb 26, 2025 26:22


2-26 Papa & Silver Show - Hour 4: White Castle vs In-N-Out Burger, and Can You Spell Podziemski?See omnystudio.com/listener for privacy information.

Papa & Lund Podcast Podcast
2-26 Papa & Silver Show - Hour 4: White Castle vs In-N-Out Burger, and Can You Spell Podziemski?

Papa & Lund Podcast Podcast

Play Episode Listen Later Feb 26, 2025 26:22


2-26 Papa & Silver Show - Hour 4: White Castle vs In-N-Out Burger, and Can You Spell Podziemski?See omnystudio.com/listener for privacy information.

The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Buy-Sell Market Outlook, Ford Welcomes New Media, In-N-Out Employee Satisfaction

The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier

Play Episode Listen Later Feb 24, 2025 14:50


Shoot us a Text.On this last week of the month, we're looking at the state of the automotive M&A market and what dealers can expect for the rest of the year. Plus, we cover how Ford is adopting a new media and press strategy, and look at how In-N-Out cracked the top 10 of Best Large Employers.Show Notes with links:The dealership buy-sell market is expected to stay active in 2025. Normalizing store profits could make buyers more cautious in finalizing transactions, but top-performing stores in desirable markets will still fetch high valuations.Political expectations, including Donald Trump's presidency, along with lower dealership pricing and aging owners looking to sell, are fueling the market.Last week, we reported on Asbury Automotive Group acquiring New England's Herb Chambers Cos. for $1.34 billion in one of the largest deals in recent history.The 2025 Dealer Outlook Survey found that 56% of respondents are not planning to buy or sell this year, while 19% plan to buy, and 4.4% plan to sell.Automotive News tracked at least 349 buy-sell transactions in 2024, down from 382 transactions in 2021, a peak year.“I'm definitely still getting as many offerings to look at as I've gotten the past two years,” said Randy Hoffman, COO of Ed Morse Automotive Group,Ford is shaking up its media strategy by replacing its traditional press center with "Ford From the Road", a new platform designed to cater to the growing influence of content creators over mainstream media.The "From the Road" channel prioritizes videos, photos, and articles—some created by Ford, others sourced from digital creators and influencers.Traditional press releases remain available but are now tucked away in a separate tab, signaling a major shift away from legacy media formats.A Pew Research Center study found that 21% of U.S. adults regularly consume news from influencers—jumping to 37% among adults under 30.Ian Cohen, Ford's head of creative and content, explains: “We're entering this era of [consumers] building [their] own niche content and channel ecosystems.”This comes as the Trump administration is opening the White House briefing room to influencers and podcasters, with thousands of applicants to the “new media” seats.In-N-Out Burger has been named one of America's Best Large Employers, ranking No. 8 on Forbes' annual list, ahead of corporate giants like Apple and NASA. The ranking is based on employee surveys evaluating workplace satisfaction, compensation, and company culture.In-N-Out's strong workplace culture continues to set it apart in the fast-food industry.The company is also making big moves geographically, consolidating its California HQ in Baldwin Park and expanding to Tennessee, where it will open 30+ locations.Top 10 are Notre Dame, Trader Joes, Houston Methodist, NVIDIA, Navy Federal Credit Union, Google, Microsoft, In-N-Out, Delta, Raymond James FinancialAutomotive in the top 100: 86 - Bridgestone, 71 - Toyota, 86 - Holman Enterprises.Hosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email

The Christian Post Daily
RFK Jr. on Abortion Pill Safety, Democrat Bill to Stop ICE Raids, Texas Homeschool Regulation Bill

The Christian Post Daily

Play Episode Listen Later Feb 19, 2025 8:43


Sponsored by WatersEdge: Invest with purpose? With WatersEdge Kingdom Investments, you can! We offer great rates that multiply your resources and build churches. Learn more at: https://bit.ly/3CxWtFzTop headlines for Wednesday, February 19, 2025In this episode, we explore how U.S. Secretary of Health and Human Services, Robert F. Kennedy Jr., is taking on a critical task assigned by President Donald Trump: studying the safety of abortion pills. Next, we shift our focus to Texas, where a new bill aims to empower parents by safeguarding their rights to homeschool with minimal government oversight. Meanwhile, in Indiana, a legal battle is brewing as abortionists challenge the state's move to release public abortion records, spotlighting a high-stakes intersection of privacy and transparency. Finally, we dive into the business world with In-N-Out Burger, which is making headlines by moving its corporate headquarters back to its Californian roots.Subscribe to this PodcastApple PodcastsSpotifyGoogle PodcastsOvercastFollow Us on Social Media@ChristianPost on TwitterChristian Post on Facebook@ChristianPostIntl on InstagramSubscribe on YouTubeGet the Edifi AppDownload for iPhoneDownload for AndroidSubscribe to Our NewsletterSubscribe to the Freedom Post, delivered every Monday and ThursdayClick here to get the top headlines delivered to your inbox every morning!Links to the NewsRFK Jr. says Trump wants study of abortion pill safety | PoliticsReligious leaders back Eric Adams as Democrats push to remove him | PoliticsTexas bill would prohibit new state regulation of homeschooling | EducationAbortionists sue to stop mandatory reporting to health department | U.S.SBC calls on Congress to defund Planned Parenthood | PoliticsDemocrats introduce bill to stop ICE raids at churches, schools | PoliticsIn-N-Out Burger moves headquarters back to Baldwin Park | Business

There It Is
No. 379 - A California Episode

There It Is

Play Episode Listen Later Feb 18, 2025 31:25


We took the show out West! Jason and Wife of he Show, Justina, went to Los Angeles to visit Brother of the Show, Trey! In LA we talk about seeing the Lakers, going to Disneyland, if In-N-Out Burger is worth it, and more before heading off to San Francisco. In SF, Jason and Justina take in the sites, including seeing some famous pop culture locales that you've seen in the cult classic, The Room, and the opening credits of Full House. It's a fun ep! Gets up to 48% off your first subscription of Magic Mind or 20% off one time purchases at: https://www.magicmind.com/THEREITISPOD20 Instagram: @ThereItIsPod, @JasonFarrPics  Threads: @ThereItIsPod, @JasonFarrPics Facebook: @ThereItIsPod  Subscribe to our comedy newsletter: https://mailchi.mp/e22defd4dee2/thereitis

The Mo'Kelly Show
The Rapid Expansion of Robotaxis, “Yelp's Top 10 Eateries” & In-N-Out Love

The Mo'Kelly Show

Play Episode Listen Later Feb 13, 2025 36:04 Transcription Available


ICYMI: Hour One of ‘Later, with Mo'Kelly' Presents – Thoughts on the rapid expansion of Robotaxis through Lyft and Waymo…PLUS – A look at Yelp's top 10 eateries AND the absolute, undeniable love of In-N-Out Burgers - on KFI AM 640…Live everywhere on the iHeartRadio app

Giannotto & Jeffrey Show
Hour 2 - The List: Grizzlies NBA trade deadline. Lonzo Ball. In N Out Burger. CJ Hurt

Giannotto & Jeffrey Show

Play Episode Listen Later Feb 5, 2025 37:50


Hour 2 - The List: Grizzlies NBA trade deadline. Lonzo Ball. In N Out Burger. CJ Hurt

Rich and Daily
Jessica Simpson's Divorce, Hugh Jackman's New GF, and Speidi's Comeback

Rich and Daily

Play Episode Listen Later Jan 16, 2025 27:56


On today's episode of “Rich and Weekly,” we've got stars who are breaking up, stars who are making out, and “stars” who are making a (surprising) comeback! First up, we've got all the details on Jessica Simpson's announcement that she's divorcing her hubby, former NFL tight end Eric Johnson. Then, Hollywood's newest power couple, Hugh Jackman and Sutton Foster. They were spotted packing on the PDA at an In-N-Out Burger, and now people are weighing in online. And rounding things out, is it 2008 again? Because Heidi Montag and Spencer Pratt are back in the headlines, and it's for something none of us saw coming!Be the first to know about Wondery's newest podcasts, curated recommendations, and more! Sign up now at https://wondery.fm/wonderynewsletterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Bubble Lounge
Meet the 2025 Highland Park Baseball Captains

The Bubble Lounge

Play Episode Listen Later Jan 16, 2025 30:41 Transcription Available


Send us a textStep into the world of Highland Park Baseball with our latest episode featuring the 2025 baseball captains: Gray Miller, Anderson Curtis, and Will Shults. These outstanding athletes open up about their personal journeys into the sport, how they rose to leadership roles, and the strategies they use to create a team culture built on inclusivity, support, and shared success. Discover how their unique leadership styles are shaping a promising season and uniting the team in ways that extend beyond the field.Hear the captains share lighthearted and inspiring moments, from quirky rituals and superstitions to the transformation of team dynamics after a rocky season start. Learn how a pivotal spring break brought the team closer, becoming a turning point for their bond and performance. As they prepare for their much-anticipated opening game against McKinney-Boyd, they reveal insights into their rigorous practices and the pregame traditions that keep the mood both focused and fun.We also look ahead to the "Meet the Scots" event—a highlight for players and fans alike. With autograph sessions, community activities, and an In-N-Out Burger truck, this family-friendly day promises to be a celebration of the camaraderie and pride that defines Highland Park Baseball.Join us for an episode packed with heartwarming stories, inspiring leadership lessons, and the contagious excitement of baseball season. The 2025 captains invite you to experience the grit, unity, and passion that make Highland Park Baseball unforgettable.To view the 2025 schedule click here To purchase tickets to Meet the Scots click here This episode is sponsored by: Kathy L Wall State Farm Agency, and SA Oral Surgeons, Please show your support for the show by visiting our amazing sponsors.

BikePortland Podcast
In the Shed - Episode 34

BikePortland Podcast

Play Episode Listen Later Jan 11, 2025 49:59


Brock Dittus from the Sprocket Podcast joined Eva Frazier and Jonathan Maus for the first episode of 2025! The conversation ranged from cycling on Sauvie Island to the popular "How'd she get there?" segment where Eva had to share a good bike route from PCC Southeast to the forthcoming In-N-Out Burger near the airport. Tune in, hang out, and get cozy in the shed.*BikePortland: Community Journalism Since 2005*- Latest news on our website (aka "blog"): https://bikeportland.org/ - Subscribe and support: https://bikeportland.org/support- Follow us on IG: https://www.instagram.com/bikeportland/ - Follow us on Bluesky: https://bsky.app/profile/bikeportland.bsky.social - Listen to our podcast: https://bikeportland.org/cats/podcast

Only in Seattle - Real Estate Unplugged
#2,679 - In-N-Out Heiress Reveals Oakland Store Closed Due to Extreme Safety Risks

Only in Seattle - Real Estate Unplugged

Play Episode Listen Later Jan 4, 2025 21:50


In-N-Out Burger has permanently closed its Oakland location, marking the first such closure in the company's 75-year history. Despite being profitable, the decision was driven by escalating crime and safety concerns. According to owner Lynsi Snyder, the store endured nearly 300 incidents of violence, theft, and car break-ins annually, with reports of gunfire and stabbings on-site. Oakland's soaring crime rates, exacerbated by progressive policies and a lack of effective policing, have created an untenable environment for businesses. The closure highlights the broader consequences of lax law enforcement and misguided leadership in cities like Oakland. While In-N-Out is expanding in safer areas such as Washington and Colorado, this closure reflects the growing challenges faced by businesses in urban areas governed by progressive ideologies. This incident serves as a stark warning about the implications of prioritizing soft-on-crime policies over public safety and economic stability.

NorCal and Shill
Grant Yun - Artist - Throwback

NorCal and Shill

Play Episode Listen Later Jan 2, 2025 42:40 Transcription Available


Send us a textGrant Yun, a digital artist with a story as captivating as his art, joins us to share his journey from photography-loving child to NFT innovator. Amidst the hustle of medical school, Grant's dedication to his craft is both a source of inspiration and education for aspiring artists. Listeners gain insights into how ADHD has not only posed challenges but also fueled his relentless work ethic and creative process. Discover how Grant strategically leverages platforms like SuperRare to showcase his art while reflecting on the significance of maintaining a consistent style in the ever-shifting NFT landscape.Take a nostalgic trip with Grant as we chat about regional fast food favorites like Culver's and In-N-Out Burger. This episode offers a peek into Grant's personal aspirations, including his dream of returning to California's South Bay. With reflections on childhood memories and unique architectural influences, Grant shares how these elements shape both his art and lifestyle choices. We also explore the intersection of art and healthcare, revealing how Grant balances freelance artistry with the demands of medical school, while emphasizing the importance of internships and volunteer work.Join us as we explore the vibrant connections formed through Tungsten DAO and the impact of social media in selling art. Grant opens up about the serendipitous community connections that have bolstered his career, while emphasizing the importance of self-awareness and style development for artists entering the NFT space. With a light-hearted dive into hardware wallets and the significance of diverse storage solutions, this episode is a rich blend of art, technology, and personal growth. Don't miss this opportunity for a deep dive into the world of digital art with Grant Yun, offering both inspiration and practical insights.Grant TwitterMyStudios TwitterInstagramWebsiteSuperRarePEPESUPREMSupport the show

The WorldView in 5 Minutes
In-N-Out Burger president unapologetically Christian, China's growing military capability, Two homosexual men sexually assaulted boys they adopted

The WorldView in 5 Minutes

Play Episode Listen Later Dec 31, 2024


It's New Years Eve, Tuesday, December 31st, A.D. 2024. This is The Worldview in 5 Minutes heard on 125 radio stations and at www.TheWorldview.com.   I'm Adam McManus. (Adam@TheWorldview.com) By Kevin Swanson Nigerian Muslims killed 14 Christians in Jos State There's been another attack on Christians in Jos State, Nigeria. This time it resulted in the deaths of 14, including a pregnant woman and a 1-year-old girl.   The assault came shortly after a Christmas carol service at the Evangelical Church Winning All.  Since 2016, 2,000 Christians have been killed by the Fulani Muslims in the area, according to International Christian Concern. China's growing military capability The Pentagon's annual report on China's military notes that the communist country will have about 700 nuclear warheads in 2025. It's target is 1,500 nuclear warheads by 2035. China has also beefed up its Navy with an estimated 395 battle force ships in operation by 2025, including 65 submarines. The nation is actively building more ships and expects to have an estimated 435 ships by 2030, including 80 submarines.  In the last decade, China launched 23 destroyers to America's 11 destroyers.  Back in 2005, China's Navy was about 1.5% of the U.S. Navy in capacity.  Twenty years later, China's Navy has achieved over 50% of the capacity of the U.S. Navy.  Biden gives Ukraine another $6 billion for defense The Biden administration has released another $6 billion in funding for Ukraine to defend itself in the present war with Russia. This brings the total American support for the war since 2022 to $70 billion, reports Reuters. Overall, America has given $106 billion in total aid to the country. Before the war, Ukraine's annual military budget was just $5-$7 billion. Two homosexual men sexually assaulted boys they adopted Two homosexual men who adopted two young boys through a now defunct Christian adoption agency have both been sentenced bv a Georgia court to 100 years in prison for unspeakable crimes committed against the children, as described in Leviticus 18 and 20. The convicted abusers, Zachary and William Zulock, were homosexual activists in the Atlanta, Georgia area.  A full 21% of homosexuals living in sinful relationships have adopted children. The Mark Regnerus study conducted in 2012 found that 8% of children raised in homosexual homes are victims of incest. Also, keep in mind Bethany Christian Services announced they would place children for adoption into homosexual homes back in 2021, reports Christianity Today. Hebrews 13:4 reminds us that “Marriage is honorable among all, and the bed undefiled; but fornicators and adulterers God will judge.” Trump's alleged rape victim might receive financial compensation The Second Circuit Court of Appeals has upheld a lower court judgment which had awarded E. Jean Carroll $5 million in damages in a suit against President-elect Donald Trump for an alleged rape, reports NBC News. A separate jury has also awarded Carroll $83 million for a defamation suit against Trump. In-N-Out Burger president unapologetically Christian And finally, the popular burger joint, In-N-Out, is run by President and CEO Lynsi Snyder who inherited the business when she was just 17 years old.   She told PragerU's Marissa Streit that she has had to rely on God to carry her through. She says that she has chosen some of the Bible verses on the cups and paper-ware used by the fast food restaurant. When facing persecution, Snyder said this. SNYDER: “Defending myself and trying to get into that, I just had to lay it down a long time ago. And you know, being a Christian and accepting that persecution, it's like I've doubled down on people judging me.” Snyder, now 42, noted that God's Word says that followers of Jesus can expect persecution. “I mean, it says in the Good Book, that as soon as you align yourself with Jesus, and, you know, go by God's Word, it's like you're making enemies, you know. And so, there's going to be persecution and I know that if that's already part of the plan and to be expected.” Snyder's company has 410 stores now.  In-N-Out is rated #4, and Chick-fil-A is rated #3 on USA Today's Best Fast Food Restaurant Survey of 2024. On average sales per location In-N-Out is #6 in the nation, and Chick-fil-A still holds the #1 spot, out of 200,000 fast food franchises. On this New Years Eve 2024, we leave you with 1 Samuel 2:30. It says, “But now the Lord says: ‘Far be it from Me; for those who honor Me I will honor, and those who despise Me shall be lightly esteemed.'” Close And that's The Worldview on this New Year's Eve, Tuesday, December 31st, in the year of our Lord 2024. Subscribe by Amazon Music or by iTunes or email to our unique Christian newscast at www.TheWorldview.com.  Or get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com).  Seize the day for Jesus Christ.

Group Chat
Time Will Tell | Group Chat News Ep. 917

Group Chat

Play Episode Listen Later Dec 19, 2024 52:28


Group Chat News is back with the hottest stories of the week including, Supreme Court to Consider TikTok Ban, US Senator Cynthia Lummis says "2025 will be the year for Bitcoin & digital assets, Stanley Recalls 2.6 Million Switchback and Trigger Travel Mugs, In-N-Out Burger's goal is to provide high-quality food, while also maintaining cheap and affordable meals, Frontier Airlines is now offering a $299 All You Can Fly annual pass for unlimited trips to domestic and international destinations plus everyone's favorite WINNERS LOSERS CONTENT 

The Nateland Podcast
222: #222 Cultural Differences featuring Dustin Nickerson

The Nateland Podcast

Play Episode Listen Later Oct 16, 2024 117:53


Nate and Aaron are still out so this week Brian and Dusty are joined by comedian and podcaster Dustin Nickerson to discuss cultural differences. Brian and Dusty have only lived in the South and Dustin has only lived on the West Coast so the guys debate church attire, freeway vs. interstate, and the significance of In-N-Out Burger. DeleteMe – joindeleteme.com/NATE Go to joindeleteme.com/NATE and use promo code NATE for 20% off.  ZocDoc- Zocdoc.com/NATE I use ZocDoc to find my doctors and you should too! So stop putting off those doctors appointments and go to Zocdoc.com/NATE to find and instantly book a top-rated doctor today. Helix- Helixsleep.com/Nate Helix is offering 20% off all mattresses for the month of October. Go to Helixsleep.com/NATE. With Helix, better sleep starts now. Vuori – Vuori.com/nate Vuori is an investment in your happiness. For our listeners, they are offering 20% off your FIRST purchase. Not only will you receive 20% off your first purchase but enjoy free shipping on any U.S. orders over $75 and free returns. Go to vuori.com/nate and discover the versatility of Vuori Clothing. Exclusions apply.

The Best One Yet
☕ “Back to Coffee” — Starbucks' CEO's plan. Sorority House-flation. In-N-Out's French strategy.

The Best One Yet

Play Episode Listen Later Sep 12, 2024 22:57


$17M Sorority Houses get blow dry bar renovations… and it explains the housing industry.Starbucks' brand new CEO just revealed his turnaround plan in a letter… so we read it.In-N-Out Burger opened in France, Mexico, and Japan… and it's all for “legal” reasons.$SBUX $MCD $SPYOur tasty In-N-Out video on instagram and tiktok:https://www.instagram.com/reel/CniRLffJvzw/?igsh=MTc4MmM1YmI2Ng==—-----------------------------------------------------GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts FOR MORE NICK & JACK: Newsletter: https://tboypod.com/newsletter Connect with Nick: https://www.linkedin.com/in/nicolas-martell/ Connect with Jack: https://www.linkedin.com/in/jack-crivici-kramer/ SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Anything else: https://tboypod.com/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Drew and Mike Show
Animatronic Frankie Valli – August 14, 2024

Drew and Mike Show

Play Episode Listen Later Aug 14, 2024 148:13


Frankie Valli needs help so we talk to the ex-girlfriend he “groomed” at 16-years-old, American Murder: Laci Peterson on Netflix, Elle King v. her dad Rob Schneider, Taylor Dayne boobs, and more “Out of the Darkness” dirt on Aaron Rodgers. RIP Truckin' Tom Cookin' Kent. Taylor Dayne is looking good at 62-years-old. Great rack. Somebody posted a video of the World's Largest Camel Toe. American Murder: Laci Peterson is out now on Netflix. Scott Peterson shouldn't get a new trial. Drew Crime: Drew tells the tale of James Rackover. Alex Murdaugh may have caught a lucky break thanks to a busy body. Becky Hill ruined everything. Frankie Valli is going viral for performing at 90-years-old. We reach out to ‘Big Girls DO Cry' author and former Valli lover, April Kirkwood. Frankie's people say he's fine via Instagram without proof-of-life. Blake Lively vs Justin Baldoni. It's soooooo hard to interview Lively. Bowen Yang is being a little crybaby, but not naming names. Congrats to our new Legacy Partners winner, _____________. An In-N-Out Burger scuffle leaves a CEO in trouble. Elle King vs her dad Rob Schneider. Rob is super sorry. Reminder that Schneider is a bad boy of comedy. Olympic Leftovers: Imane Khelif won the gold medal at the Olympics. She is now suing everyone that said she was a dude. Pole Vaulter Alysha Newman is killing it on OnlyFans after twerking at the Olympics. Jordan Chiles lost her bronze medal. Sports: Minnesota Vikings QB J.J. McCarthy is out for the entire season with a bum knee. The University of Michigan needs another company to sell their merch. Jim Harbaugh may bring Colin Kaepernick to the LA Chargers. Tarik Skubal is a beast and Carps hit some bombs. E60 has a doc coming out on former Detroit Tiger Armando Galarraga who pitched a perfect game, but also didn't. Aaron Rodgers seems thinned skinned and needs to reconnect with his family. There's a new book available with dirt on the New York Jets QB. Call Sam Chopper Shop episode 3 has dropped. The Woodward Dream Cruise is back. Yay. Come join us in support of the Kirk Gibson Foundation's 8th Annual Golf Classic on August 19 at Wyndgate Country Club in Rochester Hills, MI. Come see us October 25th at The Magic Bag with WATP! Visit Our Presenting Sponsor Hall Financial – Michigan's highest rated mortgage company If you'd like to help support the show… consider subscribing to our YouTube Page, Facebook, Instagram and Twitter (The Drew Lane Show, Marc Fellhauer, Trudi Daniels, Jim Bentley and BranDon).