POPULARITY
In our Season 1 recap episode, we discuss the lessons we've learned over the course of the season, some of our favorite episodes, our Favorite Things, AND tease a little Season 2 content that's coming your way in 2019!Connect with us: https://linktr.ee/livingcorporateChris Price's new EP: https://itunes.apple.com/bz/album/good-evening-ep/1436626656TRANSCRIPTZach: What's up, y'all? It's Zach.Ade: And it's Ade.Zach: And you're listening to the Season 1 wrap-up. We out here.Ade: Yeah. Yeah, we sure are. So what are we gonna talk about today?Zach: Okay, so we're gonna talk about lessons learned...Ade: Aye.Zach: Some of our favorite episodes...Ade: Aye.Zach: [laughing] Okay. Favorite Things...Ade: Aye.Zach: Okay.Ade: I'm just trying to be your hype man here. Like, I really don't understand why you're taking this so hard. Let's go.Zach: It's just funny. I think maybe some of it is, like, cultural differences, right? 'Cause, like, "aye--" I don't know, "aye" is pretty common across the black diaspora.Ade: I feel like in the diaspora you say "aye," and that's, like, a cue for somebody to really--Zach: To get--to get hyper.Ade: To get hyper, yes. I wasn't--I wasn't trying to ruin the rating of our--of our show here, so.Zach: No, no, no. I mean, "aye" is cool, it's just I think--I think a southern "aye"--we can talk about this maybe another time, but I feel as if if you're in the south and you say "aye," and if you're in the--I don't know. I feel like the "ayes" mean different things. Maybe not.Ade: No, I hear you. Now that you say it, I realize that, like, "aye" can also be like, "Okay, bro. You're wilin'."Zach: Aye, yeah. Exactly. So anyway. "Aye" can also be, like, a sound of acknowledgement and appreciation, kind of like how I just did it.Ade: Right.Zach: I don't know. Black language and just--black and brown language frankly is just so deep and rich. It's really cool.Ade: I love it.Zach: Now, where were we? Oh, yes. Okay, so Favorite Things. We definitely want to give out some thank yous, right?Ade: Most definitely, most definitely.Zach: Right, right, right, and then we have a few house-cleaning administrative things that we want to talk to you about as we--as we kind of take this season break and get into season two. So with that being said, lessons learned. Ade, what are some of the--Ade: Oh, I go first?Zach: You go first. What are some of the lessons you've learned in this?Ade: Aye. Oh, they are varied, they are plenty, and some I think I'm still in the midst of learning, but I think my top three takeaways from this whole process of--you know, from ideation, which was largely you--which was mostly Zach--and coming together, building a team and growing as a collective, I think the top three things that I've learned--one is to speak up. Closed mouths do in fact never get fed. Your mouth is closed? You get no bread. See? I tried to rhyme. See? See what I did there?Zach: Bars.Ade: Something-something-something-something. But yeah, if you do not in fact speak up for yourself, and that is in every facet of your life but it's even more important in your professional spaces. If you do not speak up for yourself, if you are not your own best advocate, if you do not find yourselves in the rooms where, you know, they're making those decisions and they're making the plays that you want to be making, and if you're not actively putting yourselves in those spaces and then speaking up about what you need more to grow, what you need more to succeed, it's not--it's not gonna be a great time. A great time will not be had by all, mostly you, and the reason I think for that is because people can't read your mind. People can't help you if you are not willing to, you know, point people at the issues and the places which you could use that assistance. See what I'm saying?Zach: I so agree. I think that, you know, it's not about--and when you said, like, "Closed mouths don't get fed," it's not because there's not food there, it's just that, like, everybody else is focused on eating too. So most times, you're gonna have to open your own mouth to eat. And that whole point around just speaking up and being vocal and putting yourself into comfortable positions, putting yourself out there, is just kind of part and parcel. Like, I don't know if I've ever even seen, like, any project be successful with someone just kind of, like, waiting for everything to come to them.Ade: Right, right. What about you?Zach: I think for me the biggest--one of the biggest lessons learned is that you miss all the shots that you don't take, right? And I know that's very cliche, but it's true. We had some--we had some amazing opportunities to interview some really great guests this past season, and then also just network with a bunch of people that we didn't--that we did not interview on the show but that we shared the idea of Living Corporate with and who they were really receptive too, and we have some things coming in the future, in 2019, that we're really excited about, all because of us just putting ourselves out there. And so, you know, I'm thinking about the Lakers and, you know, LeBron, the GOAT. Yes, that's right. I said it. The GOAT.Ade: I do not disagree. At least the basketball GOAT.Zach: Okay. Yeah, no. Definitely the basketball GOAT, and he's also a super GOAT when it comes to social activism, but regardless, one of my favorite Lakers is actually Kobe, but it's not because I think he's the best Laker. I don't, but I do--what I loved about his game was the fact that he would just shoot it, man, and he would make really ill-advised shots, but his mindset was like, "Look, I'ma shoot it, and I'ma make some and I'ma miss some," and it was the--it was his lack of fear when it comes to failure, right? And I think that often times we don't really look at failure as a genuine growth and development opportunity. I think some of that is because of us as just black and brown people. Failure is not an opportunity to grow. Failure is just failure, 'cause we don't have the same privileges and access to really learn and grow from our failure. When we fail, we just fail, but I think it's important for us in this era, especially as black and brown creatives, to really embrace failing forward, and I know that Matthew Manning with Gumbo, we had him on a couple--just a couple weeks ago, he talked about that too. So yeah, that was a big one for me, and in fact--hold on. Let me not--let me not forget this. We actually got some questions in that I think would be good for us to put in our lessons in this Lessons Learned section from--Ade: Really?Zach: Yeah, from social media. We've got some people to ask us some questions.Ade: Aye.Zach: Yeah. Yeah, yeah, yeah. So someone said, "What is your biggest takeaway from interviewing all of the guests on Living Corporate?" So I feel like we can kind of roll that into a Lessons Learned. What was one of your biggest takeaways from interviewing all of the guests on Living Corporate this season, Ade?Ade: Ooh. There were some amazing ones actually, and I think it's kind of like an aggregate of thoughts, but ultimately it's that you need to be intentional about your career, and I think there's a common thread that kind of ties all of these thoughts together, and I think it is that you need to be intentional. And that is not to say--well, first I want to address--before I get too distracted about answering that question I do want to address something. You were talking about the Kobe Bryant shots. We are not saying you should make ill-advised shots in your career. Don't take risks--don't let your mouth write a check that your skills cannot cash.Zach: Amen. Thank you, yes. Good cleanup on that, yes.Ade: Yeah. Like, don't get up there somewhere and be like, "Yeah, I can totally stand up this project in a week, because Living Corporate told me that I can, and I should say wild things at work." Don't do that. Do not do that, but we are saying that, especially for women, especially for black and brown women, you are so much more qualified than you give yourself credit for, and part of life is in taking the risk. If you are always prepping to be perfect, you are never, ever, ever going to take the shot. So yeah, that's take #1 in response to that. Take #2 I think is to be intentional. Part of being able to take those risks is in knowing that you've done the prep work, right? So I can't just walk in to anybody's office today and be like, "I want to be your CTO." They'll be like, "Who let this person in?" And also, "How quickly can you let her back out?" Not because they want to be cruel, but because they're being realistic.Zach: Yeah, but you're not ready.Ade: Correct, but I do know that in 20 years I am going to be somebody's CTO because I am going to be making all of the steps that I need. Or maybe CEO. We'll see.Zach: Straight up. Speak it. No, real talk.Ade: But the point is that you make all of the decisions now, you prep now, you put all of your ducks in a row essentially so that your life doesn't just happen to you, so that your career doesn't just happen to you. Many of the most successful people that I know made very intentional decisions. Like, for example--I'm gonna use my partner as an example, and I hope she doesn't get mad at me, but by our bedside table she has this framed "What do you want to be when you grow up?" sort of fill in the blanks paper, and on there she has--I think this is from when she was in fourth or fifth grade, and on there she said she wants to be a lawyer like Thurgood Marshall or Johnnie Cochran, and she ordered her steps in such a way that she ended up going to Howard University and University of Laverne, both of which were universities that both of those people attended, right? So it wasn't just that you make decisions about your life and then hope that it happens to you, it's that you work. You put in the effort. You put in all of the time and energy required to get you to those places, and yes, you will of course succeed. Well, God willing, and hopefully capitalism doesn't get in your way, but you succeed because you've thought your life through, you've thought your career through, you've thought your path through, and if what you're looking for is an escape plan, you've thought that through as well so that you're not suffering on the other side of it, if that makes any sense.Zach: No, it makes a lot of sense, and, you know, to your point, it definitely was oversimplification with the Kobe analogy and--like, that was a really, really good cleanup, Shaq. That was great because you--yes.Ade: You're totally welcome.Zach: No, it was--no, it was dope. Because it's funny, in saying that what we also dismiss or rather what we ignore or underplay in that shooting our shot with getting some of the guests that we were able to get, and we're just more than honored and excited about the guests that we have for y'all for season two, is the fact that we spent hours upon hours and weeks upon weeks as a team in really, like, clarifying our mission, our purpose, getting our branding together, our language, the logo work. Like, there was a lot, and there is a lot that goes behind this very, you know, perhaps to a lot of y'all just, like, very simple, like, straight-forward show and concept, and it took time to, like, really build those things, and so there was a lot of preparation that went into it. So before I put an email together to send to DeRay or Beto O'Rourke or J Prince or, you know, a CEO or whoever it may be, there was a lot of things that we had that we could stand on to justify why I'm in this person's inbox or why I'm in this person's DMs. Now I'm gonna sound like I'm actually a Kobe stan, and I'm really not, but really to kind of go back to my initial analogy, Kobe didn't just show up at the game and just shoot those to us seemingly crazy shots. Like, he put up thousands of shots before and after every game, and in practice he's shooting thousands of these shots. He's practicing these shots. So when it's game time, literally when it's game time, and he pulls up a fadeaway over, like, three people, like, to us it looks like he just randomly threw it up, but no, like, he's been practicing that, and so--and actually, kind of to answer the question--kind of to go back to what you were talking about and kind of answering this question that was submitted to us, one of the biggest things I learned from our guests was that a lot of times we'll see--like, we see the glory, but we don't know the story, right? So, like, we see people who are like, "Man--oh, I work with HBO." Like, we spoke with Emily Miethner, who is the CEO of FindSpark, and she was like, "Yeah, we had a partnership," and she named all of these huge brands, but, like, if you just dig, like, a second deeper, you'll find out she's been doing this for, like, a decade. Like, FindSpark is blowing up now, but it's been years in the making of her building this. The same thing like when you talk to Janet Pope, who's the leader of diversity and inclusion and social responsibility for Capgemini, which is a global consulting firm--you know, you'll talk to her. You may see her in France or see her all around the world doing some really fancy stuff, but, like, her career is 12 years in the making, right? There's a lot of work that goes behind that. So yeah, no, for sure on that. We have another question. The next question, which I think is a really good one, is...Ade: Aye.Zach: [laughs]Ade: I'm sorry. That's like my go-to. I don't even think about it. It just, like--the "aye" is from--it's from my soul. It, like, spawns directly from...Zach: [laughs] No, no, no. It's good. I like it. So "What is in store for the next season and when can we expect you back?"Ade: Oh, wow. I mean, listen to this episode. Listen all the way to the end. You'll have some answers by the time the episode ends.Zach: For sure. No, for sure. Definitely listen to this episode, listen to it all the way to the end. Don't fast forward to the end 'cause, like, we kind of need the clicks. Like, we definitely want the download data, but, I mean, if you want to fast forward to the end, I mean, I'm not mad at you, but...Ade: And also it hurts my feelings when people skip past me, so.Zach: Who skips past--who skips past you?Ade: Well--so I'm a small person. Okay, [inaudible]--Zach: Oh, I see. Go ahead.Ade: Ooh.Zach: [laughs] No, it's just that it came together quickly when you said that. You were saying literally.Ade: No, no, no. You agreed to that way too quickly. Now I kind of want to fight. What? Wow.Zach: [laughs] Go ahead with your story. Go ahead. I'm listening.Ade: Okay. So I was at a bar, and I ordered a whiskey ginger. I think I actually ordered a Manhattan. No, an old-fashioned. Whatever. A whiskey-based drink, as is my custom, and the bartender just kept giving my drink to other people. I'm, like, watching him, and he walks past me, walks past me again with my drink, 'cause I saw him make it. It was a whiskey ginger. And then he just walks to one end of the bar, gives a person my drink. The first time it happened I was like, "Hm. Maybe--I don't know. Maybe they also ordered a whiskey ginger," but it happened, like, three times. Three. So I essentially was like, "All right, look. I will climb over this bar and fight you if necessary, but I'm gonna need my drink."Zach: Goodness.Ade: So I, like, start jumping up and waving at him, and he's like, "Oh, I didn't see you there." What? What?Zach: Come on. [laughs]Ade: What?Zach: No, no, no. But, like, real talk though. Like, size privilege is a thing, right? Like, there are certain privileges that come from being tall and from being thin. There's certain privileges, you know what I mean?Ade: You know there is. Absolutely.Zach: So that's real. Like, that's super real, and I can say that, like, this is an opportunity for me to practice empathy and not sympathy, 'cause I can't really relate to that.Ade: [laughs]Zach: Right? I can't, 'cause I'm always seen, you know what I mean? Like, you're not gonna not see me. Even if you try to--let's say, you know, you're trying to practice micro-aggressions and act like I'm not there. Like, you're not--like, you can't. You'll look silly. Like, I'ma get in your way. You're gonna have to acknowledge me. So that's real, but no, I was just curious. I mean, I would say that more than a few people have pulled me aside and been like, "Hey, your co-host is great." Like, [inaudible], so I didn't know what you meant about getting passed over.Ade: Aye.Zach: [laughs] Yo, so this is what we're gonna do for season two. I'ma tell you what's coming up in season two, it's making me taking that "aye" as a sound bite and putting it on that soundboard, and we'll just play that.Ade: I am tired of [inaudible].Zach: It's ridiculous. Okay. So yeah, definitely listen. We're gonna talk a little bit about season two at the end and what's coming up just after this episode, 'cause we have some things happening after this season one wrap-up episode.Ade: Sure are.Zach: Yep, but what I--what I will say is, you know, please in season two expect--I don't know. I mean, I don't want to say a bit more personality 'cause I do feel as if we showed our personality a lot in season one, but, you know, it was our first season. Like, we're learning our platform. Ade and I did not know each other before we started Living Corporate, so we're certainly learning and growing as just friends in our relationship, so expect more of that, and also expect even more courageous and, like, really intentional content around underrepresented individuals and people groups in Corporate America. Like, I'll even give you an example.Ade: You are giving away the whole ending of the show.Zach: I know. Let me just--I'ma hold off on it, but we have some really great, like, topics that I'm really excited about because the point of this space is to have real talk in a corporate world, right? Like, corporate spaces. Even when you talk about inclusion and diversity, like, it's always masked with, like, other things, right? So, like, diversity of thought, diversity of education, diversity of--I'm like, "Can we be honest?" Like, "Can we just have an honest conversation about, like, intersectionality and how race and gender specifically play a role in shaping the entire planet," right? Like, can we just talk about it from a really honest and genuine perspective? Like, that's our goal. So just expect more of that in season two. When you can expect us back? You can expect us back--you can expect us back, man. We'll talk about that at the end of this episode, but you can expect us back. And maybe I'll drop a--maybe I'll drop a hint.Ade: Oh, we're doing hints now?Zach: I have a dream that you can expect us back soon.Ade: You can't be trusted with no secrets, man. Like, I just want you to know that right now.Zach: [laughs] Okay. All right, all right, all right. Let's see here now. We have one more question. Here we go. "How does one successfully transition out of the corporate world?" This is a good question, and I--you know, I'ma say this. I don't think it's fair for you and I to take this episode to try to walk through and, like, rehash some really great content that Matthew Manning of Gumbo Media and Nick Bailey of Black Texas Magazine have really done a great job at, like, expounding upon when it comes to starting a startup, transitioning from your full-time job and pursuing your dreams, like, wholeheartedly. And also Fenorris Pearson. Like, our first episode, right? He talked about transitioning out of the corporate world and getting into more non-profit work, right? So I think that there are some great episodes, and, like, this is not, like, an excuse, my back answer. Like, we definitely appreciate the question, but my biggest advice would be to go back and run those episodes back AND to look at the show notes because you have the contact information for those people, and I know who sent this question in, so I will actually circle back with them directly. And we'll make sure to--we'll put these questions and the answers, like, within the show notes within this episode, but there have been some really great episodes that we've had around that. What do you think about that question, Ade?Ade: I think, for one, we had so many amazing episodes that I connected to, that are literally just playing in the back of my head whenever I am in situations at work, that help essentially edify me, I think is the term that I'm trying to use. I'm not trying to go to church, but my top three though would have to be the mental health episode because, for all intents and purposes, I laughed my way through that episode and also connected really deeply with so many of the themes. Like, yes you want to hustle, yes you want to grind, but there's nothing to grind for if you lose your mental health in exchange for being in these spaces. And yes, these spaces often--these corporate spaces often do not have you in mind. They didn't have you in mind when they were formulating those spaces, and so now your existence in those spaces is very much revolutionary, and that said, you will often have to carry the burden of being the only, or even worse the only of onlys, in those corporate spaces, and so it 1. made me feel a lot less alone and 2. gave me a lot of very actionable advice, and so that was appreciated. Honorable mention goes to my conversation--it was a B-Side, not an episode, so I couldn't include it, but my conversation with Christa Clarke where we kind of built on that idea of what self-care looks like in corporate spaces. I think she's the first person that--maybe not the first person that I know, but the first person who was just so open about, "Yeah, I took a pay cut because it was what was best for me personally," and she's doing something that makes her happy. She has a creative space. She has everything essentially that you need to have a happy life without the stress, and so she's inspirational, and I'm still waiting to have cocktails with her. Last two. I think the Let Me In conversation with TJ, because--Zach: That was a good one, yeah.Ade: Yeah. You know, in real-time seeing someone who did precisely what I want to do with resources and having the conversations that I needed, and in a lot of ways he was inspirational because he decided he was gonna do this for the kids, you know? He was very much like, "I want to give back to my community, and this is the way that I've identified would benefit my community, but I'm not there yet," and so he took it upon himself to better himself because he knew--he (treated?) himself as a meaningful part of a whole, not necessarily making that career pivot just for himself, which was just a delight to hear. And I think the last one in my top three is Janet Pope. And again, we've had a lot of really amazing episodes, but these three spoke to me. Like, they met me where I was at sort of thing, and, you know, each and every single one of those conversations really came at a really pivotal time for me and a really important time because, for example, the conversation with TJ, it was at a time where I was particularly stressed and thinking, "You know what? Maybe tech isn't for me. Maybe I'm just not smart enough. Maybe I'm just not good enough." I was really struggling at my former place of employment, and it didn't feel like I was doing any meaningful work, and it felt like I was around places that were just becoming toxic for me, and so it was just really, really good to get these reminders, like, "Hey, it's not in your head, but you can do something about it." Like, these systems exist outside of your control, but here's your locus of control. Here's your internal--you can do this work, and having people who have done the work, who are able to distill the vastness of their experiences into "This is what I did. You can do it too," was priceless for me.Zach: Those were really good choices.Ade: Thank you.Zach: So yeah, you can definitely count B-Sides. Like, B-Sides, they're episodes, so let's make sure we count those. So after I finish mine, if you have some extras that you want to throw in there, please feel free. So favorite episodes. So the first one that sticks out to me has to be Preston Mitchum's B-Side, right? Because it was so unapologetic. Preston Mitchum, he was talking about LGBTQ identity, he was talking about pro-blackness and, like, what that looks like practically in the workplace and as someone who's in a highly political area. He lives in D.C. He's a lawyer. He's an educator. He's an activist. So that one--that one was great.Ade: Yep. All facts, no cap.Zach: All facts, no cap. Listen--so side note, shout out to all these new slang words. I realize that I'm old now 'cause I--my generation as millennials, like older millennials, right? So I'm saying older millennials. I'm 29. We don't come up with all of the dances anymore, and we don't come up with all of the slang, so no cap--Ade: Can I just say something real quick?Zach: Go ahead.Ade: The first time I heard "no cap" I thought they were talking about Captain America, and I was mad confused because I genuinely just didn't get why they were bringing up Captain America in a conversation that had nothing to do with Captain America. I was just kind of like, "Uh..."Zach: "What is "no cap?"" Right? No, I was confused, so I was like, "What is "no cap?"" So "no cap." "Say less" is also hot in these streets, "say less," and then also I've heard of tick. Like, "You got tick." Like, "You got juice," or sauce or influence. You have tick. So that was a new--Ade: You have what?Zach: Tick. Tick. Chance the Rapper--Ade: Like the animals?Zach: Yeah. Like the bug, yeah. It's like the pest. Tick.Ade: Oh, no. I just--there's some things I just can't get with, and that's gonna have to be one of them.Zach: Tick is--yeah, tick is hot in these Chicago and Midwestern streets supposedly, so...Ade: Well, keep them Chicago and Midwest streets [inaudible] because...Zach: Is it not popping in the DMV?Ade: Not only is it cold, y'all not--what? Tick? Nah, that don't even make no sense. Like, what?Zach: [laughs] Goodness gracious. So yeah, so "no cap." [laughing] Going back to the podcast favs. So yes, Preston, and another one was Effective Allyship with Amy C. Waninger. That one was great.Ade: Aye.Zach: Around the same thoughts, because Amy being a white woman, and very white, right? And, like, we talked about that on the episode, 'cause the topic was effective allyship, and she talks about effective--like, she is a very white woman in a very white space, and just her just unapologetic tone around the reality of race and gender and intersectionality, really important. I would have to piggyback on one of your answers though. The Janet Pope episode was very good. I really, really enjoyed that one, and I was excited because I was not on the episode, and I was able just to listen and hear about y'all's journey, hear about just perspectives that I don't--I don't consider, and the fact that it was three black women talking too, which I was really excited and thankful for. Oh, okay, and then so a B-Side was--Latricia and I did an episode on Botham Jean, the man who was murdered by the police in his own home, and I liked that episode because it was not in any way, like, in alignment with our formula at all. Like, it was a--it was very much so, like, a--I don't want to say pop culture, but it was a current events-type episode, and that was probably, like, the maddest y'all will ever hear me on this podcast. Let me not say it. Well, hopefully it will be the maddest you ever hear me, but it was just very frank, and actually, people at my current place of employment heard the episode and reached out to me about it, like, in a very positive and encouraging way, and it helped me extend my network somehow, which was, like, an affirmation that, like, speaking truth to power is, to me, always the right thing to do. Like, you'll never go wrong in that. Like, how you speak truth to power and your method may adjust, but you doing it is not wrong. So that's three. I really enjoyed--I really enjoyed the episode with Deborah Owens about the self-advocacy, strategic networking and self-advocacy, when she was like, "You don't have a career."Ade: Oh, wow. Yeah, I remember that. I remember that.Zach: [laughing] "I don't want to do anything to mess up my career." "Sis, you don't have a career here." Boy. Goodness.Ade: Oof. A drag.Zach: No, it was--it was very funny, and then my fifth spot is kind of actually a tie between two. One is an episode where you kept on saying the person was tugging on your wig, which was the Professional Reinvention episode with my dad, Edward Nunn. That was pretty good. I liked that episode. It was tied with the B-Side for Professional Reinvention with Angela Shaw, and she's an HR business partner, public speaker, and she's the Austin Human Resource Management Association president, right? And so I really enjoyed--really enjoyed those episodes, but, you know--I don't even want to say honorable mention. I have a ton of others. The J Prince episode, even though it scared the mess out of me, was great. That was terrifying.Ade: [laughing] I remember you talking about that episode. You were freaking out.Zach: I was freaking out. And listen, let me tell you something, y'all. Y'all go back and run that episode back. That was the shortest episode in Living Corporate history. It was very short. I think it was, like, nine minutes. And then of course the DeRay Mckesson episode was phenomenal. I enjoyed that, even though the signal was bad. I appreciate the fact that he took the time to join, and he was really cool, so. You know what time it is? We didn't have it on our last episode, so now we're gonna get into Favorite Things. And this is the last Favorite Things for season one. So, you know, Ade, you typically have, like, seven favorite things. Feel free to drop as many more--Ade: Wow. You are so disrespectful. I just--I want you to know that it is on sight for you.Zach: [laughing] This is the thing. We've got to stop using--we've got to stop using phrases from the early 2000s and late '90s that don't mean what they mean anymore. "On sight" don't mean--Ade: That is what it means.Zach: "On sight," but you don't see anybody anymore, right? Technology is in the way. Now "on sight" don't mean that. "On sight" means that when I see you're green, when you're available on Facebook, it's a problem, you know what I mean? [laughing] Like, we don't see each other like that no more. It's just technology.Ade: [inaudible]. I just want you to know that the way my spirit is moving...Zach: You're moving--you're moving in early 2000s "on sight," that's what you're saying.Ade: The energy that I retain is of DMX fame, and I just want you to know that the minute you step off your plane...Zach: And come to D.C.? It's on sight?Ade: And land in...Zach: And put my two feet on the--Ade: You don't even gotta put both feet.Zach: I'll put one toe, one toe on D.C. ground.Ade: A toenail.Zach: A toenail. It's on sight.Ade: In any of the surrounding zip codes where I reside.Zach: Goodness. In the D, the M, or the V.Ade: I will fight you.Zach: Understood, I appreciate that.Ade: All right, [inaudible]?Zach: All right.Ade: So glad we understand each other.Zach: Great. [laughs]Ade: You're ridiculous. I can't stand you. [laughs]Zach: [laughs] Oh, goodness gracious. So yes, please, Ade, commence with your cavalcade of Favorite Things.Ade: I--oh, my God. I can't keep saying that I want to fight you, but I do want to fight you. All right. Okay. So my Favorite Things--I actually don't want to go with books, and here's why I don't want to go with books. We have a list of books, and I would actually love to see if we could, like, get some listener feedback on their favorite books, but we said favorite THINGS, so I don't know. I feel like we should expand our repertoire a bit. So I have three, because I always have a lot. I'm very indecisive in that way. Top favorite thing is goat meat pepper soup.Zach: Oh, that sounds good.Ade: I am making some at the moment, and my house smells like peace, joy, and happiness, and so yeah. I'm partial, but goat meat pepper soup is the GOAT.Zach: Aye.Ade: You see what I did there? You see--you see what I did? You see?Zach: That was clever. Yeah, that was good. [laughs]Ade: And you should try goat meat pepper soup with some rice noodles. It's a delight. It's a delight. I just want to say that. Next favorite thing is Rent the Runway. Now, before I get any judgment from anybody, I just want to say I'm not gonna spend $8,000 on an Oscar de la Renta dress, but I do like Oscar de la Renta's dresses, so I'll spend $300 on renting one. Bloop. That's all I've got to say about that.Zach: Understood.Ade: Thank you for appreciating me, friend. And I think my final thing that I want to just shout out is contact lenses. Now, I just want to wax poetic for a second about contact lenses, 'cause I don't know if everybody knows, but my eyes are purely decorative. Without glasses or contacts, I can't see a thing. I literally see the world like those super out of light--out of focus lights that you see in the distance in Christmas. That's my life when I don't have any glasses or contacts on, and I just want to shout out to God for working way harder than Satan, because I can't tell you the number of bruises I've gotten just because, like, my eyes didn't see fit to notice that there was a corner there.Zach: [laughs] Man, that's real though.Ade: Or how many times I have just busted my whole behind because I didn't have contacts or glasses and missed, you know, the final three rows of stairs.Zach: Yo, that's the--that's the thing. When you miss, like, those steps, like, just one or two, you feel like--like, your life flashes before your eyes. Like, you feel you're about to die.Ade: Listen. Have you ever fallen up stairs?Zach: Trust--have I? Yes, most certainly.Ade: 1. I am disturbed to find that we are united in that experience...Zach: Most certainly.Ade: But also 2., and more importantly--oh, shoot. One second. Also, more importantly, how is it that we've managed to fall UP stairs? Like, I feel like we need to speak to somebody about this.Zach: I don't know. That's the thing though. It's us and, like, millions of other people. Like, plenty of people fall up the stairs. Like, honestly, the internet has brought of course a variety of great things, and one of the best things for me is that it really has helped me feel more comfortable in the fact that I'm a klutz. I'm really clumsy. That's why when I--that's why when I go out places, I don't even be moving around that much. I find, like, one little place to be and I kind of park there, because I know the minute that I move I'ma knock something over, I'ma bump into somebody, I'ma trip.Ade: You know what? That's a really good plan, because I certainly am gonna need something. Something, something. Maybe, like, you know, that bubble. Not, like, because I'm immuno-compromised but because, like, otherwise I'm gonna bump into everything and hurt myself. So yeah, things that you've learned about me today. I'm extremely clumsy.Zach: Most of my friends, close members in my family are very clumsy. Just clumsy. Just clumsy people, and I don't know what that's about. I've heard that there's some tie-in to people being clumsy and being intelligent though. Believe it or not I have, but, you know, that could just be junk science. You know, fake news. Who knows? Okay, so those are your Favorite Things. Hm. So my Favorite Things for the season, as our last entry into Favorite Things--I also will not do books. I too will do Things.Ade: Aye.Zach: Aye. So my first Favorite Thing has to be the music that my brother-in-law Chris Price has dropped. He actually dropped an EP, and actually you should be hearing that in the background right now. It's just dope music, and I enjoy it because it's just jazz. Like, it's light jazz via piano, and what I like about it is--so beyond, like, the music itself, which I definitely listen to. It's good study music. It's good just kind of relax music. What I really like about it, the reason why it's a Favorite Thing--Ade: (Aye?) I've really got to stop saying that. It's driving me nuts now.Zach: See? Exactly, but it's cool. It's cool, 'cause I'ma run this back, I'ma cut out that little A, and I'm gonna make that--'cause we have a soundboard for season two. I'm gonna be like--it's gonna be "aye-aye-aye-aye." We're gonna just play it to death.Ade: I will fight you.Zach: That and the air horns. That's gonna be season two sound effects staples. Okay, so anyway, back to this. So what excites me and why it's a Favorite Thing is not just because it's good music, it's because any time I see someone, like, pursue their dream or pursue something and, like, really execute upon something that they have been thinking about or, like, a passion of theirs or something they find really interesting--that excites me, right? So that's why it's a Favorite Thing. So the music that you're hearing, we'll have the information in the show description so you can check it out yourself. Make sure you check it out on iTunes and everywhere that streams music. So that's one. The second thing that's my Favorite Thing has to be, and I'm just gonna come out and say it. I'm gonna come out and say it, man. Vaseline. So Vasel--Ade: What?Zach: Yeah, Vaseline. Like, Vaseline, especially in the melanated community, I think is greatly underused, right? So, you know, we don't talk about it enough, but I'ma talk about it - ashy. Ashiness, okay? So ashiness being the predominance of dry skin or a lack of moisture in your skin, and I think a lot of times--I think big lotion, the big lotion industry if I may, has deluded us into thinking that these very watery lotions are satisfactory for our skin, right? But you've got to realize, like, we don't live in a world that caters to blackness or brownness or anything like that. We live in a world where we are not the default. So that watery lotion, that hotel-level lotion, is not gonna cut it for us, and so I think that Vaseline, petroleum, Vaseline, is a great thing. It's a Favorite Thing of mine. Vaseline has never let me down. It is very cold in Dallas and in Houston--Ade: All of the shea butter in the world though.Zach: Shea butter also. So let me--let me actually amend that. Shea butter, cocoa butter, and Vaseline. And I guess--so under the umbrella of thicker moisture risers and moisture retainers, and it's really--Ade: I'm here to educate you. So shea butter and Vaseline and all of those things, they're not going to moisturize your skin. They're going to lock in moisture.Zach: That's what I said--but I said that--remember when I said [inaudible]--Ade: You said moisturizes first.Zach: Okay, fine, but then I said--Ade: I heard you though.Zach: Okay, cool, but then I said retain--Ade: Okay, but I heard you though.Zach: I said retain too though.Ade: [laughs]Zach: [laughs] They retain the moisture, right? So anyway, it's just important, man. I think, you know, a lot of y'all have--you know, a few folks have come in and emailed us about career advice and how do you do this and how do you do this. Let me tell you something. One thing you can do, anybody can do right now, is be less ashy. That is gonna help you in your career, no matter what you're trying to do.Ade: Um, sir? What?Zach: And so--[laughs] Like, no, really though. Really though, name one person that you've seen on television that's a person of color who's ashy? Malala is always--Malala? She's always moisturized. Michelle Obama? She looks moisturized to death. Her everything. There's not one dry bone on her body. Barack Obama? Same way. Idris Elba? Come on. Like, come on. Like, we know this. Oprah? Oprah never goes out ashy. We need to do--we need to do better so that Nivea--that's right, I'm coming at y'all, Nivea--all these other watery, water-based lotions, they're not for us, y'all. That's right, I'm talking to us right now. That's right. So that's--and look, that's just number two. I got one more. I got one more. Oh, Murray's Hair Grease also goes in that Favorite Things. I'm talking about thick pomades and lotions.Ade: Okay. You know what, sir? I'm gonna send you some shea butter because I can't listen to you crackle and pop over there anymore.Zach: [laughs] I don't crackle and--Ade: Don't claim you're not snapping.Zach: I don't crackle and pop. I don't crackle and pop because I use cocoa butter, shea butter, Murray's, and Vaseline.Ade: In that order?Zach: No, I just those thick--they're thick agents. That's what I use.Ade: I just...Zach: What if I start off by saying my Favorite Thing is thick agents? People will be like, "What are you talking about?"Ade: Okay, almost every time you've said "thick" so far you've said "they're thick," "they're thick," "they're thick," and sir, I'm very concerned about--about you.Zach: Thick agents. I didn't say--I didn't say "they're thick," "they're thick," "they're thick."Ade: No, no, no. You're right. You're totally correct. I understand and [inaudible].Zach: Thick agents. Cool. So that's two. Shout out to thick agents of moisture retention. That is my second Favorite Thing, then my third Favorite Thing--my third Favorite Thing is actually going to have to go a GroupMe called Blacks In Consulting.Ade: Aye.Zach: Yeah, yeah.Ade: You keep that one in. Shout out to BIC.Zach: Shout out to BIC, which is thick with black consultants. How about that?Ade: [sighs]Zach: No?Ade: No.Zach: Okay. Well--JJ, keep it in. Keep it in. Don't take this out. [laughs] So no, really though, I love Blacks In Consulting GroupMe because it's--you know, the numbers, they wax and wane, but they are always well over 5 to 600 people, always, and it's all--it's what it is. It's black folks in consulting, and we share--we have venting sessions, we share knowledge, we share resources. It's a place of affirmation and familiarity, and so it's great. It's really exciting just to be in that space, and it was through Blacks In Consulting that I met the Living Corporate--the people that would eventually comprise the Living Corporate team, and so just shout out to them and shout out to my favorite--that's one of my Favorite Things. My Favorite Thing--so it is the GroupMe, but I guess from a conceptual level it's more about the idea of like-minded people grouping together, not to exclude others, not to rise up against other people or anything like that, but in the name of just being collaborative and practicing a certain level of community along very genuine lines, and I think, you know, it's--you know what I mean? Like, to me that's a beautiful thing. And yeah, we're in there. We'll joke and we'll have fun and stuff like that, but, like, there are genuine moments of collaboration and just affirmation. So those are my Favorite Things. Those are my Favorite Things. Okay, so--Ade: And just to add to loving on BIC real quick, it's been a space where I got career advice, I got--I mean, I got to meet you, Zach, but I also got to meet some really amazing people. I got interview advice, and I found some [inaudible] partners. Not only is it a well-rounded group, but it's super effective, and it's a really great way or it has been a really great way to meet young professionals like myself, and I'm very, very grateful for that space, and you guys should definitely look for Blacks In Consulting and other projects that's coming out of that group.Zach: Ooh, yeah. That's a good point too, yeah. We don't want to give away the sauce, but definitely. In 2019, keep your eyes peeled for Blacks In Consulting.Ade: Aye. Okay, I need--I need a new catchphrase. Dear God, I'm so tired of "aye."Zach: Well, the first step is awareness, right? So we can--we can workshop some new phrases in 2019. Like, we have plenty of time, and--Ade: No, no, no. Today. We're working new phrases today because every time I hear it come out of my mouth I'm just kind of like, "A what? B? Can you go with another letter? I don't know, Sis. Something." I'm dragging my own self over, like, verbal cues.Zach: [laughs] You've said it like 20 or 30 times this episode. It's okay.Ade: 20 or 30? Oh, my God.Zach: [laughs] Slight exaggeration there. Okay. Okay, okay, okay. So now we're gonna get into Thank Yous, thank yous. What thank yous do you have?Ade: Thank you, thank you. You're far too kind. Okay, tell me you know where that came from.Zach: You said, "Thank you, thank you. You're far too kind."Ade: Yes.Zach: Man, I'm drawing a blank. [inaudible].Ade: [gasps]Zach: You're gonna say it and I'm gonna be like, "Duh." Who? Not Jay-Z. Who?Ade: Yes, Jay-Z. Numb/Encore with Linkin Park.Zach: Okay, cool. My word. Yo. Man, first of all...Ade: [sighs] You disappoint me.Zach: No, no, no. It's crazy that you bring that up because I was just thinking about the Black Album yesterday. I was listening to an episode of The Evening Jones with Bomani Jones, and he was talking--somebody asked, like, "Is the Black Album a classic?" And I was like, "Yes."Ade: Uh, duh.Zach: Like, the Black Album dropped when I was 14. Man, let me tell you, [inaudible]--Ade: When you were how old?Zach: I was 14. I was in eighth grade, yeah.Ade: Oh, boy.Zach: And it's funny, right? Age is--age is not relative in that, like--I mean, come on. Like, they're distinct numbers, but what you think is old and young is relative to the person, right? So on The Right Time, most of the people there were, like, in their--they were older. They're, like, in their thirties and their, you know, maybe early forties, and they're talking about, "Yeah, I remember when I was in high school listening to the Black Album." "I remember when I was just graduating high school and getting into college listening to the Black Album," and [inaudible] I know I shared. I was like, "Man, I was, like, 13, 14 when the Black Album dropped." I think I was 13 actually. And everybody was like, "Dang, you were young," and then you're like, "Nah, I'm old." Like, 'cause how old were you? You were like, what, 9? 10?Ade: I plead the fifth.Zach: Yeah, you were mad young, right? So anyway--Ade: I plead the fifth.Zach: [laughs] Anyway, so yeah, we're getting to our Thank Yous. Ade, would you like to go first or would you like me to go first?Ade: You go first.Zach: Okay. So first off, a major thank you goes to my wife Candice, who was more than encouraging for me just to get all of this stuff going and getting it kicked off. Like, this was a big deal in just our home because this takes time and energy away from other things, and money of course, right? Just to kind of get things going and getting started. So definitely thank yous to her and just my family, just all the support. My mom, my parents of course, and then my mother and father-in-law for sure. Very encouraging, very supportive in everything that I do, and they're just--they're just great. Like, they're great. So that's just starting with just family and just close--and I'll throw close friends in there too. And then thank yous also go to all of the guests for season one. Like, people responded to us with such excitement to be on the show. Like, we did not have to really beg a lot of people. That was crazy to me. So thank yous to everybody that was a guest. Special shout outs to George Okpamen, who has been super supportive and just over the top--Ade: Sure has.Zach: Right? Very supportive. Amy C. Waninger, who always retweets things. Kyle Mosely. Rod with The Black Guy Who Tips. That was actually another favorite episode too, Rod with The Black Guy Who Tips. Super cool. Very White Guy. I mean, the list goes on and on, literally every single guest. J Prince too. Just people who are willing just to be on our platform and just be a part. Like, it's amazing. Other thank yous go of course to Sound Man, AKA JJ. JJ, man, please give yourself a round of applause real quick-like please.Ade: Seriously?Zach: 'Cause man, you've been just super instrumental in getting all of these things together. I mean, between the full episodes and the B-Sides and the--I mean, it's crazy. And another thank you goes to actually someone who's very behind the scenes but is super instrumental to everything we do is Aaron. So Aaron is our admin, and so, you know, someone--so someone pulled me aside one time and they were like, you know, "So where are the white guys? Where are the white guys?" Like, "Why are you excluding the white people?" So first of all, we do not exclude white people. We've had white people on Living Corporate, okay, as guests, and Aaron, who's on the team, is white. So there, okay?Ade: You just totally pulled the "we have a white friend" card, and I want you to know that I'm about 30 seconds away from laughing [inaudible].Zach: [laughing] But we don't just have a white friend. We have white friendS, right? We've got Drew.Ade: Plural.Zach: Plural. We have Drew. We have Amy. We have Aaron. Okay?Ade: Okay, I'm gonna need you to not list all of the white people who like us. Thank you.Zach: [laughs]Ade: I'm not doing this with you, sir. [laughs]Zach: Here's the thing. See, look. It's so funny, right? 'Cause I was about to get defensive and name, like, two more white people, but then it's--like, that's kind of proving your point. But no, in all seriousness, right, like, I just want to thank Aaron. He certainly is our forced diversity hire. The government, the radical left, came and made us hire somebody white, and so that's where we are. [laughs]Ade: [sighs] All right. When we get kicked off of Apple Podcasts, I will just point to this moment.Zach: You know that's what people think though. They think, like--they think, like, the government goes into companies like, "You have to hire--"Ade: Certainly.Zach: You know? It's just ridiculous. So of course we [inaudible]--Ade: But also just point to this second in time. Like, I'm not mad at it. You are spitting facts, however...Zach: The loony left! Nah, but in all seriousness, Aaron is great, and he's been doing wonderful work. And then last but not least, I want to thank the people who are still kind of, like, on the periph--who started off, like, really closely in Living Corporate but now they're kind of more so on the periphery or doing other things, and that's Latricia, Ade--I'm about to say Ade. Latricia, Ola, and Parin, and Hannah. So all of them have had, like, very critical and instrumental parts of Living Corporate and just getting started and us kind of, like, getting some frameworks recognized and developed, and we've been able to continue to move forward, so I want to thank them. And then lastly--I know I said lastly before, but lastly I want to thank Sheneisha White, and she's actually our researcher, and so you'll hear more about her in season two, but yeah. And I'm sure I've missed somebody, but I don't think so. So yeah, those are my Thank Yous.Ade: Those were great, and exhaustive, so I don't have too much more--Zach: Oh, okay. [laughs]Ade: Look. Listen, you did it. I appreciate you taking point on that because I know I would've forgotten somebody that was super integral, and then I'd feel bad for the rest of all my days, so thank you for sparing me the guilt. Personally, I would like to thank my partner, my friends, my family. I feel like I'm at an award show and I should've prepped a speech, but in lieu of that I do want to say my deep, heartfelt thanks to, you know, everybody who has supported this endeavor, everybody who has given us feedback, who has--I'm gonna shout out my friends [inaudible] and [inaudible] just championing and really supporting in ways that I didn't even expect. I didn't expect my friends--in a lot of ways, they were the very first to recognize, "Hey, this is a really dope thing, and you guys should keep doing it." Not only was that useful for us and helpful for us, but it was just empowering in ways that I don't think they know, and I hope that I'm only a quarter as good of a friend as you guys have been to me. Shout out to [inaudible] as well. Shout out to [inaudible] as well, but I really appreciate all of you, and I've gotten more than one comment about how beautiful my voice is, and I have never been so self-conscious about it before, but I really appreciate that people appreciate my voice, so there's that. Yeah. In all, I'm really grateful that the most expensive thing that you can be given is someone's time and that you guys have come back time and time again to spend your time with us and listen to what we have to say and the content that we are producing is just--it's a humbling thing, and I really appreciate all of you. And finally, I really want to thank you, Zach, because you've poured your heart and soul into this project, into this platform, and I think everyone who knows you knows the amount of time and effort that you put into this project. Up to 3:00 a.m. mornings when we're both up and we're like, "Why are you up?" "Living Corporate. Why are you up?" "Insomnia." So... [laughs]Zach: [laughs]Ade: Yeah. I just really want you to know that I've never met anybody with your work ethic, with your passion, with your drive, and your humility. All of those things are important because otherwise I don't think I'd be able to like you very much because I'd be like, "Who's this guy outperforming me? How dare you?" You've really defined leadership for me in a lot of ways, and I appreciate you.Zach: Man, first of all, thank you, Ade. Like, none of this was scripted at all so I wasn't expecting that, but I definitely appreciate it, and I appreciate you. One of these seasons we're gonna have to talk about, like, your journey, right? Like, this--like, over the past, you know, seven, eight months, and the growth that you've shown--Ade: I don't know if I can put that on a public platform. [laughs] Wait.Zach: [laughs] But no, just the growth that you've shown and the obstacles that you've overcome and the resilience that you've demonstrated, and just all of the--just the development. I mean, there's just so much there, so I'm inspired by you, and I'm excited to be here with you and to continue forward with you on and through Living Corporate. So cool, enough of that 'cause I'm not gonna cry. Let's talk about some house-cleaning and just kind of, like, what's next for Living Corporate, right? So you guys--I'm sorry, I don't want to be so hetero-normative in my language. You all should know or should be hearing this around Thanksgiving, right? So we're recording this in mid-November. You all should be hearing this on the 23rd or the weekend of the 23rd around Thanksgiving. The regularly scheduled programming of Friday Living Corporate episodes, either full episodes or B-Sides, will be on pause until early 2019, which will be sometime in mid-January or so, okay? So that's when we're gonna be coming back. We will be back in mid-January, and that's gonna be, like, our formal, full episodes. Like, that's when those will come back, but in the meantime we actually have a really exciting partnership that we want to announce for you guys, for you all.Ade: Sure do.Zach: And that's what with the Coalition of Black Excellence. So the Coalition of Black Excellence is a non-profit genuinely focused on the uplifting and professional development through networking, through education, of black professionals. They're based in California, and they have a really big, major event called CBE Week that's gonna be happening in early 2019, and so we actually have a partnership with them to really feature a lot of the speakers for that event as special co-branded, co-facilitated learning series that we will be airing through this platform, through the Living Corporate podcast, up and leading to--up and leading to CBE Week, okay? So you'll be hearing those on Mondays, okay? Those will be starting up soon. So if you heard this on a Friday, really you'll likely hear that content--the first episode for that particular learning series will be dropping that following Monday, okay? So make sure you stay tuned for that. We're really excited about that, really thankful for the opportunity to work with the Coalition of Black Excellence in this regard, and we actually have even more content that we're gonna share with you around the CBE Week as it gets closer, but we're gonna hold some of those jewels back for ourselves. So we're excited about that for sure.Ade: Definitely.Zach: What else, Ade, housekeeping-wise? What else do we need to talk about?Ade: While we're gone, please keep sending us your letters if you want to vent, if you want to write, if you want to ask questions. We're on hiatus, but we can certainly--maybe get on Live and answer a couple questions.Zach: Ooh, that's a--what a good idea, yeah. I agree with that. No, we should definitely do that. That's a great idea.Ade: Thanks.Zach: Yeah, and then also--listen. Now, look, I'm not gonna share all of the--all of our download data 'cause I don't--you know what I'm saying? I'm not trying to give away the sauce, but look, we have thousands--we have thousands upon thousands of downloads every month, right? And I share this to say I need y'all to give us five stars on iTunes, okay? Please. That would be a great holiday gift for us. Give us five stars. Like, right now I think we're around, like, 115 or so. I need to check again. I know that, like, they come in kind of in delays, but let's see if we can get to 200 before January. Can we do that? Can y'all get on and just give us five stars real fast? It don't take too much time, and I know y'all not some haters 'cause y'all listen to the show. Like, there's plenty of people--thousands of people listen to the show every month, so just go ahead and do that for us. The last thing is to make sure that you run back some episodes. I know that we publish on a weekly clip, and some people have commented like, "Man, y'all are really putting out a lot of content. It's hard for me to keep up." Like, thankfully it's a podcast, so you don't have to even quote-unquote keep up. Now you can just go back and listen to 'em. You have a little bit of a break. So make sure you check out some episodes if you missed anything. We have some really great content, really proud of it, and yeah. Okay. Well, if that's it--Ade, is there anything else you're thinking about?Ade: As y'all go into the holidays, I hope that you have a peaceful, blessed time. If you get to spend your time with your loved ones, I hope that you hold them close, you hold them tight, you have wonderful, wonderful memories--you make wonderful, wonderful memories, and if you are not around your loved ones or your chosen family, if you have to spend time in uncomfortable spaces in this holiday period, I pray for peace for you as well. I pray for ease for you as well, and, you know, make sure that you prioritize your mental health. The downside to a lot of the holidays is that you're sometimes surrounded by people who trigger you, people who put you in unhealthy situations, and I want you all to choose yourselves first. Take time off work because those people will replace you in a heartbeat if necessary. So as important as it is to build your brand, build yourself, like we were saying earlier, make sure you make time, you make space for healthy habits. I think that's all I have to say. Oh, see y'all next year. [laughs]Zach: [laughs] All right, y'all. Well, yeah, so we definitely will. And, man, echoing everything you just said, Ade. That's dope. That's super agreed. Hit us with the wisdom. I'm over here trying to rush out the door. Yeah. So you will hear other Living Corporate content, but as far as the Living Corporate regular season goes, you will hear us as a duo next year. So with that being said, you've been listening to Living Corporate. My name is Zach.Ade: I'm Ade.Zach and Ade: Peace.Zach: [scat singing]Kiara: Living Corporate is a podcast by Living Corporate, LLC. Our logo was designed by David Dawkins. Our theme music was produced by Ken Brown. Additional music production by Antoine Franklin from Musical Elevation. Post-production is handled by Jeremy Jackson. Got a topic suggestion? Email us at livingcorporatepodcast@gmail.com. You can find us online on Twitter, Facebook, Instagram, and living-corporate.com. Thanks for listening. Stay tuned.
In the episode of the 'Better Than Success Podcast", Nikki Purvy talks about the Three Things Every Entrepreneur Needs to Understand about Money. She uses her experience with working with hundreds of small businesses and startups to hone in on the three most invaluable lessons that most new businesses need to grasp to help their business flourish. The lessons as recorded in this podcast episode are as follows: 1) Money is a tool Nothing more. Nothing less. Money is not real. It has no real value. Its a tool. Its not a thing to love because its not lovable. Its not a thing to praise, its not even a thing to rap about in songs. Once you understand that its a tool just like a wrench or a hammer then you will make better money decisions for your business Here are some uses for this tool. Use it to make time and freedom Use it to buy cash flows (and wealth) 2) Know the Difference between speculating and investing In Benjamin Gram’s book “intelligent investor”, the author differentiates the difference between speculating and and investing as: “An investment operation is one which, upon thorough analysis, promises safety of principal and a satisfactory return. Operations not meeting these requirements are speculative.” Investopedia differentiates as: “Typically, high-risk trades that are almost akin to gambling fall under the umbrella of speculation, whereas lower-risk investments based on fundamentals and analysis fall into the category of investing. Investors seek to generate a satisfactory return on their capital by taking on an average or below-average amount of risk. On the other hand, speculators are seeking to make abnormally high returns from bets that can go one way or the other. It should be noted that speculation is not exactly like gambling because speculators do try to make an educated decision on the direction of the trade, but the risk inherent in the trade tends to be significantly above average.” What I want you to gather from this is that unless you have done research and analysis about your business and industry then you are speculating. I am very much so not in the business of speculating when it comes to my livelihood or my business and I don’t suggest that you do that either. I want to point out that in the intelligent investor the author points out that anyone has the right to speculate but never comingle your speculation operations with your investment operations and never rely on your speculation money. Even furthermore, because a lot of new business owners don’t know the difference between investing and speculating they accept investing returns for speculation activity. By the Investopedia definition ‘speculation’ can demand higher returns because it’s more risky. Some small businesses think they’re investing when they’re really speculating because they haven’t done the proper research. Someone said to me that after listening to this podcast, I came off as well read. I don’t know how much I agree or disagree, it’s all relative but I have read a quote a few books by top business leaders and an underlying theme is that they don’t gamble. Andrew Carnegie said this in his autobiography about gambling: “I have never bought or sold a share of stock speculatively in my life, except one small lot of Pennsylvania Railroad shares that I bought early in life for investment and for which I did not pay at the time because bankers offered to carry it for me at a low rate. Such a course should commend itself to every man in the manufacturing business and to all professional men. For the manufacturing man especially the rule would seem all important. His mind must be kept calm and free if he is to decide wisely the problems which are continually coming before him What is not, he sees, and what he sees, is not. He cannot judge of relative values or get the true perspective of things. The molehill seems to him a mountain and the mountain a molehill, and he jumps at conclusions, which he should arrive at by reason. His mind is upon the stock quotations and not upon the points that require calm thought. Speculation is a parasite feeding upon values, creating none.” Now of course we are not talking about individual stocks but this concept can be easily transmuted to running a business because in reality it’s the same thing --- you should steer clear of starting a business that you speculated about rather than taking your time and researching and analyzing. You can get distracted by upswings and downswings and you never “judge the relative values or get the true perspective of things” This also goes for any sub-investments you make while running your business. Should you buy that new piece of equipment? Should you spend money on a billboard? Should you invest in that new software promising to make your business run more efficiently? Should you hire that new employee? None of this should be speculated on. 3) Make giving back a monthly expense. There is something about giving back and helping a fellow human being that improves our own quality of life. Almost every successful person I know gives back on a major scale. Lets pick 3 of the most successful people of all time. So that there’s no debate here... Oprah – Oprah is a major philanthropist. She donates to 3 major organizations: TheAngel Network, The Oprah Winfrey Foundation, and The Oprah Winfrey Operating Foundation. She also donates to Mississippi Animal Rescue League, Project Cuddle and Free the Children. I don’t have time to run off everything this woman does but you probably already know. Warren Buffet - In 2006 he made American history by making the largest ever charitable donation by an individual – $37bn to theBill and Melinda Gates Foundation. Bill gates -In 2006 the Microsoft founder announced that in 2008 he would dramatically reduce his involvement in the running of the company in order to concentrate his efforts more fully on the Bill and Melinda Gates. The Foundation focuses on 4 aspects: They have the Global Development Division, the Global Health Division, the United States Division, and the Global Policy & Advocacy Division. So one may argue that the reason that these people give so much is because they have so much. But I will vehemently argue with anyone that the reason that these people have so much is because they give so much. If there is one thing that you take away from this episode or all the episodes ever of this podcast, It would be this principle. I guarantee you that if you give back to the world your business will be blessed. There is no such thing as waving a magical wand to get riches but this is darn close. Ill tell you what we do as an organization. In addition to various contributions when something strikes us, we pledge to give a select number of teachers $100 gift cards to staples every month. This gives us a sense of responsibility. Every 1st of the month, that’s an expense that we have. I’m not telling you this to brag, at all because its nothing to brag about. I’m telling you this to help you model your social responsibility efforts. If you treat it like a bill or expense then it will be such a part of who your company is and I promise you that you will see the results (that is as long as your business is honest and run well).