Earn Your Leisure

In this episode, Rashad Bilal, Ian Dunlap, and Troy Millings discuss various topics related to the improvement of black America, including the importance of self-improvement before trying to change others. They emphasize the need for the black community to identify and agree upon their collective interests and the changes they want to see in society. The hosts also delve into the top three issues they believe are crucial for black America and discuss potential solutions for these issues. #SelfImprovement The conversation begins with the hosts emphasizing the importance of self-improvement. They believe that in order to effectively help others, individuals must first work on improving themselves. It is a fundamental principle that one cannot save anybody until they save themselves. #CollectiveInterests The hosts highlight the significance of identifying and agreeing upon collective interests within the black community. They stress the need for unity and consensus in order to effectively advocate for change and push for new initiatives and policies. #TopThreeIssues When asked about the top three issues for black America, Ian Dunlap mentions financial freedom as the first issue. He believes that economic equality is crucial for the progress of the black community. Rashad Bilal adds criminal justice reform and education reform to the list, citing their impact on various aspects of black Americans' lives. #Reparations The hosts engage in a discussion about reparations and the potential challenges associated with it. While Rashad and Ian acknowledge the importance of reparations, they also acknowledge the difficulties in its implementation. They mention the possibility of distributing reparations through monetary compensation, although they recognize the potential consequences it may have on the financial sector. #EducationReform Rashad Bilal expresses his support for education reform and proposes a solution to the current issue of unequal funding for public schools. He suggests pooling all property tax funds together and dividing them equally among all schools, regardless of the wealth of the surrounding area. This would aim to provide a fair and equal education system for all students. #QualificationForReparations The hosts discuss the topic of qualification for reparations. They acknowledge that determining who qualifies for reparations can be complicated, especially for those whose ancestry traces back to other countries. They also contemplate the potential challenges in distributing reparations and the implications it may have on various industries. #BusinessDevelopment Ian Dunlap highlights the importance of business development, especially in the tech sector. He emphasizes the need for more representation and integration of black entrepreneurs into Silicon Valley to access the necessary capital for economic growth and financial freedom. #PoliticalInitiatives Troy Millings and Ian Dunlap discuss the significance of small business funding and creating scalable businesses. They argue that economic empowerment through entrepreneurship is crucial for having a voice in political initiatives and policies. #Classism The hosts touch upon the idea that classism and wealth inequality are designed to keep a disproportionate amount of people in poverty. They acknowledge this unfortunate reality and the systemic challenges that perpetuate economic disparities. #Unity Rashad Bilal concludes the discussion by emphasizing the need for unity within the black community. He compares certain aspects of society to a caste system and argues that collective action and unity are essential in challenging and changing this system. In this thought-provoking episode of EYL, Rashad Bilal, Ian Dunlap, and Troy Millings explore various topics related to improving black America. They bring attention to the importance of self-improvement, identifying collective interests, and pushing for change. Through their engaging discussion, they...

🏀 Welcome to an exclusive episode of Earn Your Leisure, where we delve deep into the fascinating world of NBA contracts and the art of negotiation with none other than Shetellia Riley Irving, the trailblazing agent of Kyrie Irving. 🌟 In this episode, Shetellia shares her insights on various aspects of sports management, including: - The unique additions that can be made to an NBA contract. - How missing out on the All-NBA Team cost Ja Morant $42 million, and Lou Williams’ $100 million loss for not making the All-Star team. - The importance of standing up for your beliefs, as exemplified by Kyrie Irving during times of adversity. - The strategic reasons behind Kyrie Irving's decisions regarding his shoe brand post-Nike and his partnership with ANTA. - The significant role of media in shaping society's mindset, and its impact on athletes like Kyrie Irving. - The challenges athletes face when taking a stand on societal issues. - Shetellia's experience in advertising sales for BET and her expert approach to negotiating with large corporations. - The journey and challenges she faced as the first black woman to negotiate an NBA contract. - The dynamics of doing business in the NBA as a black woman. - Exploring opportunities in China and breaking down stereotypes. - The stress and art involved in negotiating her first NBA contract, balancing team success and player benefits. 🎥 Tune in on Tuesday at 1 pm EST for this must-watch episode on our YouTube channel. Discover how Shetellia Riley Irving made history in the NBA and the lessons we can all learn from her experiences. #EarnYourLeisure #ShetelliaRileyIrving #KyrieIrving #NBANegotiations #SportsManagement #EYL --- 🔔 Don't forget to subscribe and hit the bell icon for notifications on our latest episodes! Follow us on our socials for more exclusive content. Our Sponsors: * Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/ * Check out Shopify and use my code leisure for a great deal: https://www.shopify.com/ Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

In this episode of EYL Medium, hosts Rashad Bilal and Troy Millings sit down with guest Rich Kleiman, entrepreneur and business partner of NBA superstar Kevin Durant. The conversation revolves around the concept of a family office and how athletes like Durant are changing the narrative of athletes going broke. For those unfamiliar with the term, a family office is an organization set up to manage the finances of high-net-worth individuals or families. In Durant's case, his family office is responsible for managing the multitude of income streams he generates from various sources such as endorsements, investments in public and private equity, and philanthropic endeavors. Kleiman explains that the family office's primary focus is to build generational wealth for Durant and establish a philanthropic legacy in his hometown of PG County. With Durant's active lifestyle as a professional athlete, constantly moving and traveling during the off-season, the family office also takes care of the logistical aspects of his life, such as hiring trainers, chefs, and managing his various investments. The idea of a family office was not exclusively Kleiman's or Durant's, but rather a natural progression that came about when they moved to the Bay Area. Through connections and introductions, they found themselves in the company of influential individuals in the business and investing world. This exposure led Kleiman to quickly learn about the different aspects of investing, from early-stage to series A and series B funding, and build a network of experts to assist them in their ventures. Kleiman emphasizes the importance of focusing on what they truly want to own and believe in, rather than simply investing based on the potential returns. Their portfolio includes investments in sports teams, real estate, and consumer brands, with the goal of building wealth beyond Durant's NBA career and Nike endorsement deal. The conversation also touches on Durant's relatively quiet nature, which may contribute to him not being mentioned as a potential billion-dollar athlete despite his business acumen and successful investments. Kleiman highlights the importance of not only making smart financial decisions but also enjoying and believing in the ventures they undertake. The ultimate goal is to ensure Durant's financial stability and continued income even after he retires from basketball. By diversifying their portfolio and strategically investing in various industries, they aim to create long-term wealth and opportunities. As the conversation wraps up, Kleiman mentions the attractiveness of traditional businesses like Burger King in today's uncertain economic climate. While headlines about cryptocurrency and NFTs may dominate the news, Kleiman sees value in more familiar businesses that offer stability and the assurance that people will always need to eat. In conclusion, this episode sheds light on the importance of a family office in managing the finances and investments of high-net-worth individuals like Kevin Durant. It showcases how athletes are evolving from the stereotype of going broke and instead taking a proactive approach to building generational wealth and making strategic investments. The conversation serves as a valuable resource for anyone interested in understanding the behind-the-scenes workings of a professional athlete's financial management and investment strategies. #EYL #EYLMedium #KevinDurant #RichKleiman #FamilyOffice #AthleteInvesting #GenerationalWealth #Philanthropy #Investments #SportsInvesting #BusinessManagement #FinancialStability #DiversifiedPortfolio #TraditionalBusinesses #BurgerKing #NBA #Entrepreneurship #WealthBuilding Our Sponsors: * Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/ * Check out Shopify and use my code leisure for a great deal: https://www.shopify.com/ Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

In this episode of EYL, Rashad Bilal, Ian Dunlap, and Troy Millings dive into the topic of Tesla, discussing the bullish and bearish perspectives on the company. The conversation begins with the mention of a famed analyst's estimate that Tesla stock could potentially decline to $50 per share. While this drastic decline seems unlikely to the hosts, they acknowledge the weaknesses and challenges that Tesla faces. Ian Dunlap voices his admiration for Tesla as one of his favorite companies, highlighting its combination of tech and energy within the automotive industry. He mentions Tesla's strength as an innovator and its position as a leader in the EV space. However, Ian also points out the weaknesses in Tesla's business, such as the lack of focus from Elon Musk and the low profit margins compared to other companies like Nvidia. Troy Millings adds to the discussion by highlighting the competition that Tesla faces in the EV space, particularly from companies like BYD. He acknowledges the decline in shopping consideration for Tesla's Model S and the need for the company to stay ahead of the competition. Troy also mentions the potential impact of interest rates and a possible recession on Tesla's future outlook. The hosts discuss the importance of Tesla's focus and leadership, emphasizing the need for better profitability margins and faster product rollout. They mention the importance of Tesla's direct-to-consumer business model and the advantage it provides. The conversation also touches on the potential of Starlink, another venture by Elon Musk, and its influence on Tesla's future success. The hosts conclude that while a decline to $50 per share seems extreme, there are valid bearish points to consider. They express their bullishness on Tesla's long-term potential and highlight the need for continued innovation, increased profit margins, and strategic partnerships in order to maintain Tesla's dominance in the EV market. #tesla #stockanalysis #EV #bullishonTesla #bearishonTesla #businessmodel #profitmargin #innovation #competition #focus #leadership #Starlink #futureoutlook #collaboration #directtoconsumer #technology #automotiveindustry #EYL #stockmarket #investment #finance Our Sponsors: * Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/ * Check out Shopify and use my code leisure for a great deal: https://www.shopify.com/ Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

In this video, the hosts of EYL (Earn Your Leisure), Rashad Bilal, Ian Dunlap, and Troy Millings, discuss various topics related to investing and business. The conversation begins with a discussion on Moody’s downgrade of the US credit rating and its implications for the investing environment. Ian expresses some concern about the downgrade but emphasizes that it is not a major cause for alarm. He points out that the market has been volatile for the past couple of years, with rising interest rates and a decrease in interest in buying US debt. He also mentions geopolitical issues, such as China's reduced purchases of Boeing airplanes, which contribute to the current climate of uncertainty. While the hosts acknowledge that the current situation is not ideal, they also highlight the potential opportunities for investors. Ian believes that the lack of positive news and outcomes in the current environment actually makes it a good time to invest. He advises against waiting for a hype cycle and encourages viewers to take advantage of the down cycle by investing in assets when they are undervalued. The conversation then shifts to discuss specific companies and their recent performance. Troy mentions HubSpot, a company in the CRM (Customer Relationship Management) space. He shares his analysis of the company's earnings and stock performance, noting a recent increase after a pullback. Troy emphasizes the importance of doing thorough research on companies before making investment decisions and highlights the value of long-term investments. The hosts also discuss the collaboration and partnerships between big tech companies and AI generative companies. They specifically mention Microsoft, Google, Amazon, and their respective partnerships with Chat GPT, Anthropic, and OpenAI. Ian expresses his confidence in these companies and their leadership in the AI space. He encourages viewers to invest, emphasizing that this tech boom will be comparable to the social media boom of the past decade. The video concludes with the hosts reminding viewers to hit the like button and share the video. They engage in a light-hearted banter about corporate emails and express their love for their audience. Hashtags: #investing #business #UScreditrating #Moody's #volatility #geopoliticalissues #opportunities #undervaluedassets #CRM #HubSpot #earnings #stockperformance #research #longterminvestments #bigtech #AIgenerativecompanies #Microsoft #Google #Amazon #ChatGPT #Anthropic #OpenAI #techboom #socialmedia #EYL Our Sponsors: * Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/ * Check out Shopify and use my code leisure for a great deal: https://www.shopify.com/ Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

In this episode of the EYL YouTube channel, hosts Rashad Bilal, Ian Dunlap, and Troy Millings welcome special guest Isaac Hayes III to discuss his recent milestone achievement in the world of equity crowdfunding. Isaac Hayes III made history by becoming the first black man to raise $10 million through a Reg CF (Regulation Crowdfunding) campaign. The conversation begins with a brief explanation of what Reg CF equity crowdfunding is and why it is significant. Isaac explains that minorities, including African Americans, often face difficulties raising capital for their businesses, with limited access to loans and venture capital. However, the JOBS Act, initiated by former President Barack Obama and Vice President Joe Biden in 2012 and enacted in 2015, allows any person to raise capital from the general public for their business, regardless of net worth or annual income, up to $1 million. This regulation has opened doors for entrepreneurs like Isaac to raise funds from non-accredited investors and support their small businesses. Moving forward, the hosts inquire about advice and insights for those looking to break into the tech space. Isaac emphasizes that there is no limit to what people can achieve. He encourages aspiring entrepreneurs to study and learn the landscape of their desired field. Isaac also reflects on his own journey and expresses gratitude for taking his own path rather than following others. He believes that his inexperience in the tech space allowed him to be more creative and avoid potential dead ends. The conversation then shifts to address concerns about larger companies taking ideas and creativity from smaller businesses. Isaac reassures that there is enough room for everyone and that social media platforms have lifespans. He considers fanbase, his own platform, as a future successor to larger platforms. Isaac asserts that black culture has a history of innovation in technology, and tech companies often take ideas from the community to develop new technologies. The discussion further delves into the intricacies of equity crowdfunding. Rashad raises concerns about investor education, as lack of understanding can lead to misconceptions and potential scams. Isaac provides insights into the process, emphasizing the distinction between post-IPO and pre-IPO investing. He explains the accredited investor rule, which limits access to early-stage company investments to those with a high net worth or substantial income. Equity crowdfunding, on the other hand, allows people to invest smaller amounts, creating opportunities for individuals who might not have the means to invest large sums. The hosts conclude by discussing fundraising strategies and determining the amount to be raised. Isaac highlights the importance of balancing equity and valuation, ensuring that the company retains enough value while raising the necessary funds. He shares his approach of keeping valuations reasonable and avoiding giving away excessive equity, thereby increasing his leverage in the long run. Overall, this episode sheds light on the significance of equity crowdfunding, the obstacles faced by minority entrepreneurs, and the innovative potential of the black community in the tech space. Isaac Hayes III's achievement serves as inspiration and motivation for aspiring entrepreneurs looking to pave their own paths in the business world. #EYL #EquityCrowdfunding #RegCF #IsaacHayesIII #MinorityEntrepreneurs #TechSpace #BlackCultureInnovation #InvestingInsights #StartupFundraising #ValuationStrategies #FinancialEducation Our Sponsors: * Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/ * Check out Shopify and use my code leisure for a great deal: https://www.shopify.com/ Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

In this episode of Market Mondays, Rashad Bilal, Ian Dunlap, and Troy Millings discuss the upcoming US government shutdown and its potential impact on investors. With the shutdown just days away, concerns are mounting, but should investors really be worried? Tune in as the hosts share their insights and analysis on the matter, providing a balanced perspective for viewers. #GovernmentShutdown #InvestingAdvice #PoliticalDrama #MarketMondaysMedium #EYL Video Transcript: 0:00 - 1:29 Rashad and Ian discuss the implications of the government shutdown on investors and market stability. 1:35 - 2:20 The hosts comment on the recent Republican debate and the lack of viable candidates for the presidency. 2:29 - 3:47 Troy emphasizes that while investors may not need to worry, federal workers will be directly affected by the shutdown. 3:50 - 4:35 The hosts compare the political stalemate to a wrestling match, highlighting the theatrics involved. 4:39 - 5:43 Rashad raises concerns about Joe Biden's age and the potential impact on his ability to serve as president. 5:43 - 6:37 The hosts discuss the importance of highlighting Biden's vice president to instill confidence in voters. Join EYL as they break down the latest developments in the government shutdown and unravel the political drama surrounding it. Find out what impact, if any, the shutdown will have on investors and gain valuable insights into navigating the market during uncertain times. #InvestmentStrategy #PoliticalAnalysis #MarketInsights #EconomicOutlook #USGovernmentShutdown #InvestmentTips Hosted by Rashad Bilal, Ian Dunlap, and Troy Millings, this episode of EYL's Market Mondays Medium provides viewers with expert analysis and advice on investing amidst political challenges. Don't miss out on this in-depth discussion that delves into the murky waters of government shutdowns and their implications for investors. #Investing101 #FinancialEducation #EYLCommunity #InvestorCommunity #EconomicImpact #StockMarketUpdates #FinancialNews #InvestingAdvice Make sure to like, comment, and subscribe to EYL for more insightful content that caters to the needs of investors. Stay tuned as the hosts continue to delve into various topics related to investing, finance, and entrepreneurship. #InvestWisely #FinancialFreedom #EYLChannel #InvestmentEducation #MoneyMatters #WealthBuilding #EYLFamily #InvestorsUnite #FinancialSuccess #EntrepreneurMindset Our Sponsors: * Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/ * Check out Shopify and use my code leisure for a great deal: https://www.shopify.com/ Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

In this episode of Market Mondays Live Chicago, the hosts sit down with guest Rashauna Scott, a local realtor and investor, to discuss investment tips and programs for first-time home buyers in Chicago. They cover topics such as house hacking, grants, best practices for being a landlord, and hot areas to invest in. - House hacking: Learn about the strategy of buying a property and renting out other areas to cover your mortgage and live for free. - Grants and programs: Discover programs like NACA, FHA, and IDA that offer low or no down payment assistance for buying a home or multi-unit property. - Best practices for landlords: Get advice on screening tenants, hiring a property management company, and utilizing subsidy programs to ensure a smooth rental experience. - Hot areas to invest in: Explore upcoming developments like the Obama Library and Woodline, as well as neighborhoods such as Lawndale and Austin that have seen significant growth in property values. - The importance of ownership: Understand the long-term benefits of owning property and how to leverage your first purchase to build wealth through future investments. 00:00 Intro 03:24 House hacking is popular for making money. 05:30 NACA offers lower interest rates for property purchases, but not for those with time constraints. 08:06 Utilize VA loan for property purchase, benefits. 11:13 MMRP: Micro Market Recovery program in Chicago. 15:57 Airbnb, short term rentals, attorney, eviction, rental assistance. 16:58 Consider hiring property management company if inexperienced. Market rate tenants may require subsidies. 22:17 Commercial property offers advantages to out-of-state investors. In Chicago, off-market deals still exist. Ownership is important, even if not mortgage-free. 24:35 Profit from buying real estate with assistance programs. Our Sponsors: * Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/ * Check out Shopify and use my code leisure for a great deal: https://www.shopify.com/ Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Join us in this riveting episode as we sit down with Rich Kleiman, the mastermind behind some of the biggest moves in sports and business. Dive into the details of Kevin Durant's journey, entrepreneurship insights, and the world of sports investments. - Rich Kleiman unfolds the story behind Kevin Durant's significant move to the Nets, shedding light on the decisions that led to this change. - Discover the best advice for budding entrepreneurs: the importance of putting in the work and staying dedicated. - Explore the origins of the series "Swagger," inspired by the rec center where Kevin Durant played during his formative years. - Kleiman shares his pride in the 'NYC Point Gods' project, calling it his most cherished endeavor. - Gain insights into the future of sports from a business perspective, as envisioned by Rich Kleiman. - Learn how moving to Golden State opened new avenues for Kevin Durant and his team to invest in promising startups. - Delve into the exciting world of Major League Pickleball, where Kevin Durant and Rich Kleiman recently made a significant team purchase. - Uncover the critical factors to consider when investing in startup companies. - Rich Kleiman delves into Kevin Durant's investment journey, with a focus on Postmates. - Hear about Kleiman's transformative experience working at Roc Nation, which honed his skills for future success. - Starting as a music manager, Rich Kleiman's journey at Roc Nation took an intriguing turn as he began managing athletes. - The importance of building trust in business relationships, a key element in the successful partnership between Rich Kleiman and Kevin Durant. - Get an inside look into the "Swagger" series and what makes it stand out. - Rich Kleiman reveals the creative process behind "The Boardroom," and its unique approach to sports and business discussions. - Reflect on the impact of NYC legends like Rod Strickland on the basketball world. - Debate the best NYC point guard ever and the legacies they left behind. - An in-depth look at how 35 Ventures' family office operates and its influence in the sports and business sectors. - Rich Kleiman's personal journey to becoming an enthusiast and investor in pickleball. - The critical need for athletes to control their narratives in today's media landscape. - A deep dive into Rich Kleiman's entrepreneurial spirit and his path to success. - A detailed breakdown of the operations at 35 Ventures, offering a glimpse into this influential enterprise. - What does a lifetime deal with Nike entail? Explore the specifics and significance of such partnerships. - The strategic move by Kevin Durant to announce his transition to Golden State on his own platform, ensuring control over his narrative. - A closer look at Kevin Durant's impressive investment portfolio and the decisions that shaped it. Join us for this enlightening conversation, packed with insider knowledge, exclusive stories, and expert insights on sports, business, and the art of entrepreneurship. #RichKleiman #SportsBusiness #KevinDurant #Pickleball #NYCPointGods #rocnation Our Sponsors: * Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/ * Check out Shopify and use my code leisure for a great deal: https://www.shopify.com/ Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

In this episode of EYL, hosts Rashad Bilal and Troy Millings sit down with guest Derrick Hayes, a successful entrepreneur and CEO. The conversation revolves around the mindset of a winner, the challenges of being a CEO, and the importance of creating opportunities for others. The video transcript reveals Derrick's perspective on winning and self-improvement. He acknowledges that as a winner, he often feels like he's losing because he focuses on what went wrong and how he can improve. However, he also mentions that he feels like he's winning because he works hard and is relentless in his pursuit of success. Derrick emphasizes the importance of being hard on oneself and not settling for mediocrity. He believes that by not congratulating oneself too often, it fuels the drive to achieve more. He also highlights the significance of waking up every morning and doing what one loves, as many people are unhappy with their lives because they aren't pursuing their passions. The conversation then shifts to Derrick's ventures in Hollywood and content creation. He hints at the possibility of a show featuring Pinky, indicating the incredible opportunities that have come his way as a result of his hard work and success. Derrick expresses the satisfaction of being able to choose what projects to pursue and the importance of only taking on opportunities that align with one's values and goals. Derrick also mentions his role as an investor and the importance of people having their businesses in order before seeking investment. He emphasizes the need for professionalism, preparedness, and a solid business plan when approaching potential investors. He shares his experiences of having to make tough decisions and let go of people he cared about when they weren't contributing to the mission and vision he had for his company. The hosts delve into Derrick's corporate structure, with him revealing the various roles within his company, including a president, CFO, and human resources team. He mentions that some of the positions are filled by people he knew, but he also recognizes the value of bringing in qualified strangers who command respect from the team. The conversation touches on the topic of children growing up in privilege and the potential loss of appreciation for the “grit and grind.” Derrick expresses his intention to provide opportunities and resources to his children while instilling in them the importance of being community leaders and using their privilege to benefit others. Lastly, the dialogue highlights the need for talent that can meet the expectations and vision set by entrepreneurs. Derrick draws on an analogy from Dan Cathy, CEO of Chick-fil-A, comparing entrepreneurs to musical composers who surround themselves with talented musicians. He stresses the importance of not lowering one's standards but instead seeking higher-level talent to align with the overall vision. In summary, this episode explores the mindset of a winner, the challenges of being an entrepreneur, and the importance of creating opportunities for oneself and others. Derrick Hayes' insights and experiences provide valuable lessons for aspiring entrepreneurs and serve as a reminder to be relentless in the pursuit of success while staying true to one's values. Hashtags: #entrepreneurship #successmindset #opportunity #hardwork #selfimprovement #businessgrowth #leadership #gritandgrind #EYL #interview Our Sponsors: * Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/ * Check out Shopify and use my code leisure for a great deal: https://www.shopify.com/ Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

In this video, Rashad Bilal, Ian Dunlap, and Troy Millings discuss the recent rise in the stock market and explore new investment opportunities in the crypto space. They analyze the factors that contributed to the S&P 500's 5.9% increase in the past week, including the pause in interest rates and the need for mutual funds and hedge funds to bring on new clients. They also highlight how the slowing economy and the decision to freeze interest rates have positively impacted the stock market. The hosts emphasize that the month of November historically tends to be the best time to trade in the stock market, and they explain how these trends can influence investment decisions. They touch on job indicators, such as the addition of only 150,000 jobs to the economy and the rise in the unemployment rate, suggesting that these can be interpreted as positive signs for the stock market. Moving on to the topic of cryptocurrencies, the hosts mention that Coinbase, despite reporting losses for the seventh consecutive quarter, has seen an uptick in its stock due to the overall positive trajectory of the crypto market. They discuss the potential buying opportunities for Coinbase, with Ian Dunlap suggesting a favorable entry point at around $72. They also discuss the correlation between trading volume, revenue, and the stock price of Coinbase, emphasizing the need to consider various factors when analyzing its performance. The conversation then shifts to the broader topic of stocks related to crypto. While the hosts mention that they personally invest directly in cryptocurrencies like Bitcoin and XRP, they do not recommend specific stocks tied to crypto. They discuss the challenges faced by companies in the crypto space, particularly with regards to potential competition from institutions like BlackRock and the ongoing legal battle involving Coinbase and the SEC. They caution against investing in crypto-related ETFs, emphasizing the need to consider the larger players and potential regulatory issues. In conclusion, Rashad, Ian, and Troy provide insights into the recent stock market gains and the opportunities in the crypto market. They highlight the factors influencing the rise in the stock market, including interest rates and job indicators. They also discuss the performance of Coinbase and offer insights into the potential risks and opportunities associated with it. Additionally, they discuss the challenges and considerations for investing in stocks related to crypto, urging viewers to carefully evaluate the landscape and the evolving regulatory environment. #StockMarket #InvestmentOpportunities #Crypto #Cryptocurrency #S&P500 #InterestRates #JobIndica tors #Coinbase #ETFs #TradingVolume #Revenue #BlackRock #LegalBattle #Investing #FinancialAdvice #MarketTrends #Economy #MoneyManagement #WealthCreation #PortfolioDiversification #FinancialEducation Our Sponsors: * Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/ * Check out Shopify and use my code leisure for a great deal: https://www.shopify.com/ Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

In this episode of EYL, Rashad Bilal, Ian Dunlap, and Troy Millings discuss why the legendary investor Warren Buffett is hoarding a record-breaking stockpile of cash. With a staggering $157 billion in cash reserves, Berkshire Halfway's strategy has caught the attention of investors and economists alike. Ian Dunlap emphasizes that Warren Buffett's large cash reserve indicates a lack of investable assets in the current market. He suggests that commercial real estate, especially in San Francisco, may be overvalued, and a potential bubble is on the verge of bursting. The city's significant homeless issue and potential bankruptcy risk further support this claim. When the bubble does burst, having ample cash on hand allows investors like Buffett to swoop in and purchase assets at the right price. Ian Dunlap also points out the importance of timing in the market. He advises against buying assets solely based on hype or current trends, and instead urges investors to look at macro opportunities. Notably, famous investors like Druckenmiller, Jones, Buffett, and Blackrock are not aggressively buying at the moment, suggesting that it may not be the right time to enter the market. Rashad Bilal adds that hoarding cash serves as a preparation for a rainy day. Being prepared allows investors to seize opportunities when they arise, while others get drenched. Warren Buffett's strategic plan in accumulating cash is not accidental but a deliberate approach to maximize future investments. Troy Millings brings attention to the travel tendencies of investors like Warren Buffett. By analyzing their travel destinations and the thriving economies in those regions, investors can gain insights into their next investment moves. Millings highlights Buffett's visits to China, Taiwan, and conversations about the semiconductor industry as indications of his interests and potential investment directions. The discussion also touches upon the significance of Apple in Buffett's portfolio. Apple has become a safe investment option, outperforming bonds and providing steady returns. Ian Dunlap suggests that investing in companies and opportunities that offer safety and consistent returns is crucial, as not many investments can deliver extraordinary profits. Finally, the hosts urge viewers to recognize the importance of making informed investment choices and finding reliable sources for financial advice. Ian Dunlap encourages those who have benefited from his investment strategies to acknowledge it, emphasizing the rarity of individuals who consistently generate profits for others. This episode of EYL delves into the reasons behind Warren Buffett's cash hoarding strategy and the implications it may have for the overall economy. It offers valuable insights and prompts viewers to consider the macroeconomic factors influencing investment decisions. Tune in to understand why one of the world's most successful investors is opting for cash as the best bet for future opportunities. #WarrenBuffett #Investing #CashReserves #Economy #AssetInvestment #CommercialRealEstate #MarketBubble #TravelTendencies #InvestmentStrategy #Apple #InvestmentSafety #FinancialAdvice #EYL #Entrepreneurship #FinanceDiscussion Our Sponsors: * Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/ * Check out Shopify and use my code leisure for a great deal: https://www.shopify.com/ Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

In this EYL video, Rashad Bilal and Troy Millings engage in an insightful conversation with Derrick Hayes, the owner of a popular restaurant franchise. The focus of the discussion centers around the process of franchising his business and the reasons behind its immense popularity. Derrick begins by sharing his decision to hold off on franchising a few years back because his gut feeling wasn't fully aligned with the idea. He emphasizes the importance of trusting his instincts over his heart and mind, as his gut never lies to him. Instead of rushing into expansion, he waited for the right time to ensure sustainable growth and avoid jeopardizing everything he had built. He also mentions how he deliberately keeps his franchise's valuation and evaluation under wraps. While he could potentially attract more opportunities and attention by revealing these figures, Derrick wants others to focus on the work he is doing instead. He aims to prove himself through actions rather than numbers and prefers to prioritize long-term success over immediate gains. When asked about the franchise process, Derrick explains that it took him about a year and a half to put together the franchise disclosure document (FDD), which serves as the blueprint for potential franchisees. He highlights the significance of item 19 in the FDD, which includes financial details that potential franchisees review before making a decision. Derrick expresses the importance of having strong financials and ensuring the bottom line and top line are in great shape. The conversation delves into the criteria for individuals interested in franchising Derrick's restaurant. The primary requirement is having the necessary capital. Once the financials are sorted, applicants fill out the paperwork and the process continues with Derrick's broker. Prospective franchisees visit the facilities, and ultimately, Derrick makes the final decision after personally meeting and gauging the energy of the applicants. Derrick considers it a blessing to have his wife, Pinky, involved in this decision-making process, as they can support and guide each other. The hosts also touch upon the idea of branching out into different locations and using the growth of Pinky's brand as a metric. Derrick reveals that they often use each other as guinea pigs to test markets and learn from each other's experiences. They analyze sales numbers and demographics to make informed decisions on opening new locations. Derrick boasts about the strong customer base they have established over time, which has helped them navigate challenging times and outperform competitors and industry standards. A key factor contributing to Derrick's continued success is his commitment to philanthropy and community involvement, especially during the pandemic. When COVID hit, he stepped up by feeding customers and hospitals, showcasing his dedication to giving back. Derrick believes that this level of commitment has earned him respect and loyalty from the community, who see him as a business owner in it for the long haul. Despite the difficult times faced by other restaurants, Derrick has been able to open new locations due to the trust and support he has gained through his philanthropic efforts. As the discussion comes to a close, Derrick reflects on his journey and expresses gratitude for being in a different space compared to struggling restaurant owners. While acknowledging the challenges faced by others, he shares his perspective on how his community involvement has contributed to his success and the flourishing of his franchise. Overall, this EYL video provides valuable insights into the franchise process and the factors that have propelled Derrick Hayes' restaurant to popularity. The conversation underscores the importance of trusting one's instincts, prioritizing sustainable growth, and making a positive impact on the community. #EYL #FranchiseProcess #RestaurantFranchise #BusinessGrowth #CommunityInvolvement...

Join Rashad Bilal and Troy Millings as they host Denise Williams to discuss the unique real estate and finance aspects in Dubai. Explore the differences in home buying processes and financial systems between Dubai and the Western world. Gain insights into investment opportunities, tax benefits, economic development, and the cultural nuances that make Dubai an exceptional global destination. #DubaiRealEstate #DubaiFinance #InvestingInDubai #DubaiTaxBenefits #RealEstateDevelopment #DubaiTourism #AbuDhabi #HomeBuyingProcess #FinancialSystems #EYLShow #EYLFinance #EYLRealEstate #DeniseWilliams Our Sponsors: * Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/ * Check out Shopify and use my code leisure for a great deal: https://www.shopify.com/ Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

In this eye-opening episode of EYL, hosts Rashad Bilal, Ian Dunlap, and Troy Millings sit down with guest Robert F. Kennedy Jr. to discuss reparations and prison reform. Kennedy shares his comprehensive approach to economic development in black communities and highlights the importance of equity and homeownership as essential components of economic empowerment. Kennedy acknowledges the moral argument for reparations but argues that race-based reparations would be unconstitutional based on a recent Supreme Court decision in the Harvard case. Instead, he advocates for a more inclusive approach to economic development in black neighborhoods, drawing upon his 35-year experience on the board of directors of Bedford-Stuyvesant Restoration Corporation. He emphasizes the need to address the systematic stripping of equity, particularly in terms of homeownership, from black communities, noting that by 2030, there may be essentially zero black equity left in the United States. The guest also addresses the underlying issues faced by black businesses, such as the lack of accrued business knowledge and mentorship within black communities. Drawing from his experience with Bedford-Stuyvesant Restoration Corporation, Kennedy highlights the importance of providing mentorship opportunities to foster entrepreneurial growth and business development in black neighborhoods. Moving on to the topic of criminal justice reform, Kennedy expresses his concerns about the 1986 and 1994 Criminal Justice Acts, which he claims have had a devastating impact on the African American community. He specifically highlights the disparities in sentencing between crack cocaine and powder cocaine offenses, where black individuals received much harsher penalties for crack cocaine-related offenses. He criticizes these laws for disproportionately affecting nonviolent offenders and leading to the destruction of an entire generation of black Americans. Kennedy emphasizes the need for prison reform and rehabilitation, advocating for providing training, education, and opportunities for inmates upon their release. He shares his vision of replacing prisons with farm drug rehabs and healing farms in rural communities, where individuals struggling with drug addiction, depression, or psychiatric drug dependence can receive holistic support, job training, and educational opportunities to reintegrate into society successfully. During the conversation, Kennedy also addresses the cultural impact of mass incarceration, noting that it has influenced various aspects of black culture, including music. He clarifies that he does not have any negative intent towards rap music but highlights the negative consequences of mass incarceration on the identity and potential of black individuals. In response to a question about combating the lucrative private prison industry, Kennedy acknowledges the need for a multifaceted approach and seeks suggestions from the hosts. He shares his commitment to implementing educational programs and ensuring access to recovery and rehabilitation programs for federal prisoners. Kennedy encourages innovation by identifying and adopting successful model programs from around the country. This thought-provoking episode sheds light on the importance of economic empowerment, the need for equitable opportunities in black communities, and the urgency for comprehensive criminal justice reform. Join EYL and Robert F. Kennedy Jr. as they delve into these critical topics and explore potential solutions to address these pressing issues. #reparations #economicdevelopment #equity #homeownership #blackbusinesses #criminaljusticereform #massincarceration #prisonreform #rehabilitation #mentorship #educationalopportunities #recoveryprograms #racialdisparities #privatization #communitydevelopment #youtubecreator #eyl #robertfkennedyjr Our Sponsors: * Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/ * Check out Shopify and use my code leisure for a...

Welcome to our deep dive into the world of restaurant entrepreneurship with Derrick Hayes of Big Dave's Cheesesteaks. In this insightful video, we explore how inflation impacts the restaurant industry and the secrets behind the success of Derrick's seven locations in Georgia. Discover the pivotal role of back-end systems in scaling Big Dave's, and why a college degree isn't a prerequisite for success in this field. Learn about their unique approach to customer feedback through secret shoppers and how different growth rates shape business trajectories. We'll also delve into the exciting story of how Big Dave's made its way into the prestigious Mercedes-Benz Stadium, the power of a great team in scaling business culture, and the brand-defining strategy of feeding customers for free. Uncover the financial realities of the restaurant business, especially when operating a single location, and why having a concise menu is key. Excitingly, we reveal that Big Dave's has a waiting list of 1,600 people eager to open franchises! Derrick shares his experiences in changing his business while raising capital, emphasizing the importance of the bottom line in this process. Plus, get insights into his feature on CNBC, connections in the industry through Meek Mill's friend Tak, and how Lil Uzi Vert influenced their menu. We'll also discuss the barriers created by ego in collaboration, the efficiency gains from opening in the Mercedes-Benz Stadium, and the business structure required for such an endeavor. Learn about the 18-month journey to franchising readiness, the unexpected life of a winner, and the collaboration between Derrick Hayes and Pinky Cole, hinting at a potential upcoming show. Finally, we delve into the challenging life of a CEO, the ultimate goal of providing opportunities for children, and the risks of growing a business too rapidly. Join us as we uncover the keys to success in the dynamic world of the restaurant business with Derrick Hayes. Don't forget to like, share, and subscribe for more industry insights! #DerrickHayes #BigDavesCheesesteaks #RestaurantEntrepreneurship #InflationImpact #BusinessScaling #GeorgiaEats #NoDegreeSuccess Our Sponsors: * Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/ * Check out Shopify and use my code leisure for a great deal: https://www.shopify.com/ Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

In this episode of EYL, Rashad Bilal, Ian Dunlap, and Troy Millings dive into the recent news that the US Treasury will be borrowing a staggering $776 billion in the final three months of this year. This announcement comes on the heels of the government's projection of a $1.7 trillion budget deficit for fiscal year 2023. The hosts discuss the implications of this massive borrowing on the stock market and the overall economy. Ian Dunlap is not one to mince words, as he delivers a stark assessment of the situation. He expresses his concerns about the country's mounting debt and how it is negatively impacting our geopolitical standing. He believes that our aggressive approach has resulted in us being viewed as bullies in the eyes of the world. With the bond market in shambles and the small-cap market destroyed, Dunlap paints a bleak picture of the future. Troy Millings provides some context to help viewers better grasp the gravity of the situation. He explains the relationship between bond yields and prices, and how the treasury's issuance of more bonds can lead to higher yields. While some may argue that the borrowing came in lower than expected, Millings highlights the fact that the upcoming first quarter of 2024 will see an ask of over $816 billion, the largest in the history of America. The bond market is indeed in shambles. The hosts delve into the stock market's roller coaster ride, with mid-cap stocks taking a significant hit and only a handful of companies performing well. Dunlap laments the state of the economy and believes that the country is teetering on the edge. He also discusses the impact of high debt on various industries, including streaming and entertainment. The Spotify example serves as a reminder of how the economy's troubles trickle down to other sectors. In a shift towards discussing the need for diversity in political leadership, Bilal voices his belief that relying solely on old white men is unsustainable. He argues that without a diverse range of perspectives and understanding of what's happening on the ground, the entire political structure is at risk. He criticizes the lack of understanding and cultural divide at the top, particularly in regards to millennials and their access to credible news sources. As the conversation continues, the hosts highlight the disconnect between those in power and the changing tides of public opinion. They express their frustration with the repetitive propaganda and the unwillingness to adapt to new ideas. The Democratic Party, in particular, is predicted to face challenges if they do not address this divide and provide messaging that resonates with the younger generations. In this thought-provoking episode, EYL tackles pressing financial and political issues, shedding light on the challenges faced by the economy, the stock market, and the current political structure. Join Rashad Bilal, Ian Dunlap, and Troy Millings as they explore the impact of massive borrowing, the decline of the bond market, and the necessity of diversity and understanding in our political landscape. #EYL #USdebt #economy #stockmarket #diversityinpolitics #politicalstructure #financialchallenges #bondmarket #propaganda #millennials #leadersh ip #crediblenews #geopoliticalimpact #budgetdeficit Our Sponsors: * Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/ * Check out Shopify and use my code leisure for a great deal: https://www.shopify.com/ Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Dive into the world of tech industry recruitment and the visionary use cases of artificial intelligence (AI) that are shaping the future. In this informative video, we pull back the curtain on the hiring strategies of leading tech companies and forecast the innovative ways AI will be utilized in the coming years. What you'll learn: - The inside scoop on recruitment processes in top tech firms. - How AI is changing the hiring landscape. - Predictions for AI applications across different sectors in the future. - The implications of AI developments for the job market and everyday life. Whether you're a job seeker in the tech field, a business leader, or just AI-curious, this video offers valuable insights. Engage with us as we explore the evolving intersection of technology, employment, and AI's limitless potential. 🔔 Subscribe to stay updated on the latest in tech hiring and AI advancements. 👍 Hit the like button if you find the content useful, and join our community by sharing your thoughts in the comments section. #TechHiring #ArtificialIntelligence #FutureOfAI #TechIndustry #Innovation #AIUseCases #TechnologyTrends Our Sponsors: * Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/ * Check out Shopify and use my code leisure for a great deal: https://www.shopify.com/ Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

In today's tech-driven world, the global chip shortage has impacted everything from consumer electronics to automotive manufacturing. But what's behind this crisis? Join us as we unravel the complex factors leading to the semiconductor scarcity that's shaking industries worldwide. Additionally, we shift gears to showcase the incredible capabilities of supercomputers. We explore their diverse applications, from climate modeling to healthcare, and how they are shaping our future. In this video, you will gain: 🔍 An understanding of the chip shortage causes and effects. 🖥️ Insights into supercomputing and its transformative use cases. Whether you're a tech enthusiast, a professional in the industry, or just curious about the digital world's inner workings, this video is for you. Subscribe for more tech analysis, and hit the bell to stay updated on our latest releases. Share your thoughts and questions in the comments section below—we engage and respond! #ChipShortage #Supercomputers #TechInsights #DigitalEconomy #Innovation #TechNews #Semiconductors Our Sponsors: * Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/ * Check out Shopify and use my code leisure for a great deal: https://www.shopify.com/ Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

In this video, hosts Rashad Bilal and Troy Millings welcome special guests from Eastside Golf to discuss how golf has become a powerful tool for building connections in the business world. They explore the countless business deals that are negotiated on the golf course, highlighting how playing golf provides opportunities to network and establish valuable relationships. Eastside Golf shares their personal experiences, emphasizing that invitations to play golf often lead to discussions about upcoming projects, partnerships, and ways to collaborate. They highlight how golfing with high-profile individuals allows for quality time with busy professionals, providing opportunities to deepen relationships and create business opportunities. Eastside Golf emphasizes that playing golf doesn't necessarily require exceptional skills, but rather the ability to keep up with the pace of play. #Golf #BusinessConnections #BuildingRelationships #Networking #Opportunities #FutureOfGolf #GolfCulture #GolfDressCode #EastsideGolf #TigerWoods #InvestFest #Inspiration #BusinessGrowth #GolfingCommunity Our Sponsors: * Check out Kajabi and use my code EARN for a great deal: https://kajabi.com/ * Check out Shopify and use my code leisure for a great deal: https://www.shopify.com/ Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy